Raby` al-awal 23, 1431 Hijri March 11, 2010

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ISTANBUL: President Asif Ali Zardari shakes hand with Turkish President Abdullah Gul before a meeting at Istanbul. APP
KSE INDEX LSE INDEX ISE INDEX
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Sugar import tender awarded to second lowest bidder

ISLAMABAD: The Trading Corporation of Pakistan on Tuesday awarded 50,000 tons of sugar to the second bidder at $649 a ton after the lowest bidder failed to fulfil the deficiencies in the bid document, said an official of the TCP on Tuesday.
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TOP STORIES
Malaysia to hike import of Pak rice [+]
ECC okays 0.4m tonnes of urea import [+]
PSO keen to increase revenues from LPG retail, lubricants [+]
NA committee asks HBFCL to remove snags [+]
Work on NEEDS to promote engg industry [+]
Cement prices up by Rs 5/bag [+]
view all news
Business & Economy
MCB AMC willing to merge with AHIL
First ever women branch of Allied Bank opens
KASB Bank signs deal with Nestle Pakistan
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Stocks & Bonds
KSE up 47 points on foreign investment worth $4.5m
LSE gains 11 points
ISE gains 18 points
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General News
Gold holds around Rs36,000 a tola on stable dollar
IMF to start sales of 191.3 tonnes of gold soon
Gold prices slip, copper bounces from 2-week low
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Editorials
Poor governance results in battle for the turf
Freedoms curtailed but for how long?
Elections versus democracy
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Articles & Letters
Global warming threatens to devastate the Mediterranean
A case for stronger consumer protection legislation
New openings for increasing trade with China
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Cotton & Textiles
Insufficient stocks to hit textile sector
Pak textile industry has only 20pc share in domestic market
Domestic cotton inches up to Rs5775/maund
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Agriculture & Allied
‘Banks to revamp lending mechanism for agri financing’
Sindh allocates Rs2.4bn for fisheries, agriculture
Banks disburse Rs 124 billion agri credit in 1st 7MFY10
view all news
Fuel & Energy
Oil hovers below $82 after monthlong run-up
Oil rises above $77 on recovery hopes
Oil below $72 in Asia
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Taxation
FTO pledges to improve tax administration
NA body suggests directory of taxpayers
Auditors’ strike affects tax refund: SCCI
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Company News
Telenor Pakistan launches Social Services IVR
Nokia-Siemens, LG achieve record LTE data speed
Nokia introduces the new Nokia 2710 navigation edition
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Market at Close
BRIndex-30 13,340.84
KSE-30 Index 15,164.23
KSE-100 Index 12,235.19
LSE-25 Index 4,545.84
ISE-10 Index 2,718.13
Gold Per 10gm 13,373.00
KCA Spot Rate 2,700.00
Libor Rate 5.29750
THE RUPEE
Interbank closing rates for dollar on Sunday.
BuyingRs 60.65
SellingRs 60.67
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