Friday March 12, 2010 
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 Money & Banking[1-1 of 1 stories]  
 Pakistan   |   World  

Clarification
KARACHI (March 12, 2010): It is clarified that the member directors of the Karachi Stock Exchange (KSE) proposed the name of Hussain Lawai as Chairman of Central Depository Company of Pakistan Limited (CDC) in the board meeting held on Tuesday. The nominated directors opposed the proposal in relation to nomination of Hussain Lawai for the said post and the KSE chairman used his casting vote right against the nomination of Hussain Lawai.




THE RUPEE: dollar eases further

KARACHI (March 11, 2010): The rupee extended overnight gains against dollar on the local currency market on Wednesday after recovering modest ground during the last session, money experts said. On the interbank market the rupee retained its upward move versus dollar and gained five paisa at 84.50 and 84.55 for buying and selling, they said.





17 percent increase in July-February remittances
KARACHI (March 11, 2010): Remittances sent from overseas Pakistanis continued to show rising trend as $5,786.89 million was received in eight months (July-February period) of the current fiscal year, showing an increase of $868.26 million, or 17.65 percent, from $4,918.73 million of the same period of last fiscal year. This amount includes $1.0 million received through encashment and profit earned on Foreign Exchange Bearer Certificates (FEBCs) and Foreign Currency Bearer Certificates (FCBCs).



NJLI Managed Growth Fund Rates

KARACHI (March 11, 2010): New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (March 10, 2010).




NJLI Sarmaya Growth Fund Rates

KARACHI (March 11, 2010): New Jubilee Life Insurance Sarmaya Growth Fund Rates on Wednesday (March 10, 2010).




NJLI MEESEQ Fund Rates

KARACHI (March 11, 2010): NJLI Meeseq Fund Rates on Wednesday (March 10, 2010).




NJLI YAQEEN GROWTH FUND RATES

KARACHI (March 11, 2010): NJLI Yaqeen Growth Fund Rates on Wednesday (March 10, 2010).




EFU Managed Growth Fund Rates

KARACHI (March 11, 2010): EFU Managed Growth Fund Rates on Wednesday (March 10, 2010).




EFU Pension Growth Fund Rates

KARACHI (March 11, 2010): EFU Pension Growth Fund Rates on Wednesday (March 10, 2010).




EFU Capital Growth Fund Rates

KARACHI (March 11, 2010): EFU Capital Growth Fund Rates on Wednesday (March 10, 2010).



  

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PageAdvertiserAd Caption
1Bank Al Habib LimitedMonthly Sever
1Energy Solution (Pvt) LimitedGenerators
1Watch DogSecurity Solution
2OGDCLTender Notice
3MCB Bank LimitedCondolence
3Gadoon Textile Mills LimitedElection of Directors
3Kohinoor Energy LimitedDividend Warrants
3Pakistan Reinsurance LimitedLoss of Shares
3Aaj NewsAaj Programme
5Pakistan Public Works DepartmentTender Notice
5Anti-Terrorism- Court Khairpur71 2008
6NYK Line PakidsaNotice to Consignee
10ECU Line (Pak) Pvt LimitedNotice
10Grace Corporation (Pvt) LimitedPaul GMBH
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20Greaves Pakistan LimitedKHI Stocks

The Rupee
Interbank closing rates for dollar on Thursday.
BuyingRs 84.25
SellingRs 84.30
Dollar dips
8669.55  11.21
Sectoral Indices 
Market at Close
BRIndex-30 8,658.34
KSE-30 Index 10,361.72
KSE-100 Index 9,879.70
LSE-25 Index 3,120.79
ISE-10 Index 2,419.27
Gold Per 10gm 30,428.00
KCA Spot Rate 5,650.00
Libor Rate 0.39344
World Indices
Index Closing Chg%
DJIA 10,611.84 0.42
Nasdaq 2,368.46 0.40
S&P 1,150.24 0.40
FTSE 5,617.26 0.40
DAX 5,928.63 0.14
CAC-40 3,928.95 0.37
Nikkei 10,644.95 1.00
H.Seng 21,228.20 0.09
Sensex 17,207.61 0.64
NY Closing
Euro 0.731
Sterling 0.6636
Swiss Franc 1.0686
Yen 90.625
Gold 1108.20
Cotton 78.770
Oil 82.11
Economic Indicators
Annual2008/09
Foreign Debt $50.1bn
Per Cap Income $1046
GDP Growth 2.0%
Average CPI 20.77%
MonthlyJanuary
Trade Balance $-1.62 bln
Exports $1.7 bln
Imports $3.32 bln
WeeklyMarch 04, 2010
Reserves $14.80 bln
 











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