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Sensex snaps losing streak

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					20      Gulf Daily News Wednesday, 23rd March 2011




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                            CURRENCIES                                                                                   Bahrain Bourse                                                                                                                          Total number of shares traded
                                                                                                                                                                                                                                                                 Total value of shares trades
                                                                                                                                                                                                                                                                                                466,555
                                                                                                                                                                                                                                                                                               BD88,572

  Exchange Rates
                                                                                                               PRICES at the close of trading yesterday:                                                                           SERVICES SECTOR
 COUNTRY                                       SELL CASH                       SELL DRAFT                      BAHRAIN ALL SHARE INDEX ....................... 1,410.84 ...................... +9.84                               Bahrain Ship Repairing and Engineering Co ........ 1.630 ...............................
                                                                                                               Company ................................................. Share Prices ........ Change + or -                       Bahrain Car Park Company .................................. 0.198 .................... +0.018
 AUSTRALIA (Dollar)                                   0.3867                        0.3837                     BANKS SECTOR                                                                                                        Bahrain Cinema Company .................................... 0.792 ...............................
 BANGLADESH (Taka)                                  0.00542                        0.00521                     Ahli United Bank .................................................. $0.750 .................... +0.010              Bahrain Duty Free Shop Complex ........................ 0.970 ...............................
 CANADA (Dollar)                                      0.3933                        0.3893                     Al Salam Bank (Salam) ......................................... 0.051 .................... +0.006                   Bahrain Maritime and Mercantile Intl..................... 0.650 ...............................
                                                                                                               Bahrain Islamic Bank............................................. 0.117 ...............................             Bahrain Telecommunications Company ................ 0.420 .................... +0.010
 CHINA (Yuan)                                              -                             -                     BBK ....................................................................... 0.450 ...............................   General Trading and Food Processing Co ............ 0.260 ...............................
 DENMARK                                              0.0750                             -                     Ithmaar Bank ....................................................... $0.115 ...............................         Nass Corporation BSC .......................................... 0.150 ...............................
                                                                                                               Khaleeji Commercial Bank (KHCB) ....................... 0.050 ...............................                       Seef Properties BSC ............................................. 0.110 ...............................
 EGYPT (Pound)                                        0.0681                        0.0642
                                                                                                               National Bank of Bahrain ...................................... 0.655 ...............................               Sudan Telecommunications Company .................. $1.75
 EUROPEAN UNION (Euro)                                0.5432                        0.5407                     The Bahraini Saudi Bank ...................................... 0.065 ...............................                INSURANCE SECTOR
 HONG KONG (Dollar)                                 0.04957                                                    Bank Muscat.......................................................... 0.824                                         Al Ahlia Insurance Company ................................. 0.340 ...............................
                                                                                                               BANKS INVEST SECTOR                                                                                                 Arab Insurance Group (ARIG) ............................. $0.580 ...............................
 INDIA (Rupee)                                      0.00855                            0.00852                 Al Baraka Banking Group BSC ........................... $1.350 ...............................                      Bahrain Kuwait Insurance Company ..................... 0.695 ...............................
 INDONESIA (Rupiah)                             0.00004441                                                     Arab Banking Corporation ..................................... 0.570 ...............................                Bahrain National Holding....................................... 0.438 ...............................
 IRAN (Tuman)                                      0.000349                                  -                 Bahrain Commercial Facilities Co ......................... 0.434 ...............................                    Takaful International Company .............................. 0.290
                                                                                                               Bahrain Middle East Bank ..................................... 0.075 ...............................                HOTEL SECTOR
 IRAQ (Dinar)                                      0.000328                                  -                 Gulf Finance House............................................. $0.125 ...............................              Bahrain Family Leisure Company ......................... 0.107 ...............................
 JAPAN (Yen)                                       0.004810                           0.004740                 Gulf Monetary Group ............................................. 0.035 ...............................             Bahrain Tourism Company .................................... 0.346 ...............................
                                                                                                               Inovest BSC ........................................................ $0.320 ...............................         Banader ................................................................. 0.078 ...............................
 JORDAN (Dinar)                                       0.5351                                                   Investcorp Bank.............................................. $1,138.50 ...............................             Gulf Hotels Group.................................................. 0.890 ...............................
 KOREA (Won)                                    0.00038665                                                     TAIB Bank............................................................ $2.730 ...............................        National Hotels Company...................................... 0.445 ...............................
 KUWAIT (Dinar)                                       1.3690                              1.369                United Gulf Bank ................................................... 0.410 ...............................          INDUSTRIES SECTOR
                                                                                                               United Gulf Industries Corp ................................... 0.114 ...............................               Bahrain Flour Mills Company ................................ 0.400 ...............................
 MALAYSIA (Ringgit)                                0.127300                             0.1273                 INVESTMENT SECTOR                                                                                                   Delmon Poultry Company ..................................... 0.215 ...............................
 MALTA (Lira)                                              -                                  -                AUB Preference A ................................................. $0.43 ...............................            IPO
                                                                                                               Esterad Investment Company ............................... 0.218 ...............................                    Aluminum Bahrain BSC......................................... 0.900 ...............................
 NEW ZEALAND (Dollar)                                0.2828                             0.2818                 Global Investment House ...................................... 0.150 ...............................                CLOSED COMPANY SECTOR
 NORWAY (Krone)                                       0.0699                                  -                International Investment Group ............................. 0.301 ...............................                  Securities & Investment Co (Sico) ........................ 0.310
 N. Yemen (Riyal)                                          -                                  -                United Finance Company SAOG .......................... $0.37 ...............................                        United Paper Industries BSC (UPI) ....................... 0.420 ...............................



                                                                                                                    Sensex snaps losing streak
 NEPAL (Rupee)                                      0.00562                            0.00530
 OMAN (Riyal)                                       0.98000
 PAKISTAN (Rupee)                                   0.00457                            0.00444
 PHILIPPINES (Peso)                                 0.00898                            0.00872
 QATAR (Riyal)                                      0.10379                            0.10374                     MUMBAI: The BSE Sensex                                   from being comforting. tax for the fiscal year ending                                                         out around $1.9 billion from
 SAUDI ARABIA (Riyal)                               0.10058                            0.10065                     snapped a three-day fall and                             Concerns over inflation, inter- March 31.                                                                     Indian equities since the start
 SINGAPORE                                           0.3012                             0.3002                     firmed 0.8 per cent yesterday,                           est rates and oil prices still      The 30-share BSE index                                                    of the year, and the benchmark
 SOUTH AFRICA (Rand)                                0.05640                            0.05630                     supported by a rebound in                                persist and the upside is really rose 0.84pc or 149.25 points to                                              is down 13pc in 2011, making
 SRI LANKA (Rupee)                                  0.00364                                                        Japan and gains in other mar-                            capped,Ó     Gajendra                     17,988.30, with 25                                                  it one of the worst performing
 SWEDEN (Krona)                                      0.0632                                   -
                                                                                                                   kets but investors were scep-                            Nagpal, CEO of                            components closing                                                  major markets in 2011.
                                                                                                                   tical if the rise would hold in                          Unicon Financial,                         in the green.                                                          State-run oil marketing
 SWITZERLAND (Franc)                                 0.4260                              0.4230
                                                                                                                   the near term as develop-                                said.                     BOMBAY             Ò The market is                                                  companies, which sell fuel at
 SYRIA (Pound)                                    0.008080                                    -
                                                                                                                   ments unfolded in the Middle                                Energy       major                     showing a recovery                                                  government-set low prices,
 TAIWAN (Dollar)                                  0.013300                                    -                    East.                                                    Reliance Industries, STOCKS mostly on short cov-                                                              fell. Indian Oil Corporation,
 THAILAND (Baht)                                  0.012680                            0.012660                        High global crude prices are                          which has the heavi-                      ering. There has been                                               Bharat Petroleum Corporation
 TURKEY (Lira)                                       0.2454                                   -                    a concern for India, which                               est weight in the                         no fresh buying. The                                                and Hindustan Petroleum
 UK (Sterling)                                       0.6235                             0.6210                     imports more than two-thirds                             main index, led the                       outlook is sceptical                                                Corporation dropped between
 UAE (Dirham)                                     0.102800                            0.102800                     of the oil it consumes.                                  gains, rising 1.1pc after falling on uncertain crude prices.                                                  0.3pc and 0.5pc.
 USA (Dollar)                                       0.37760                            0.37800                        Last week, the central bank                           5.4pc over the past three days. Crude prices will be the main                                                    Automotive shares rose after
                                                                                                                   raised key interest rates for the                           State-run Coal India, the trigger in the near term,Ó                                                       Maruti Suzuki chairman R C
 Rates are in Bahraini dinars at 17.00 local time, Tuesday. Rates are                                              eighth time in 12 months, and                            worldÕ s biggest coal miner, ral- Deven Choksey, managing                                                     Bhargava said in a television
 indications only. For firm rates or for currencies not listed above                                               warned of inflation pressures                            lied 3.9pc after DNA newspa- director and CEO of KR                                                           interview that he does not see a
 please call Bahrain Financing Company. Telephone: 17228888,                                                       and emerging risks to growth.                            per reported the company may Choksey Shares said.                                                             long-term disruption for auto-
 Website: www.bfc.com.bh.                                                                                             Ò The macro picture is far                            report a 12pc rise in profit after  Foreign funds have pulled                                                 motive parts due to the Japan
 Gulf Interbank Rates                                                                                                                                                                                                                                                                     situation. Maruti Suzuki, Tata
                                                                                                                                                                                                                                                                                          Motors and Mahindra and
                          1 US$             1 UK Stg                1 SFR                100 Yen                                                                      D                                                                                                                   Mahindra rose between 1.2 and
 BAHRAIN                  0.3770              0.6155                0.4180                0.4663
                                                                                                                                                                      I                                                                                                                   3.6pc.
 KUWAIT                   0.2855              0.4661                0.3165                0.3531                                                                                                                                                                                             Gainers outnumbered losers
 OMAN                     0.3849              0.6283                0.4267                0.4761                                                                      L                                                                                                                   in the ratio 1.2:1 on volume of
 QATAR                    3.6420              5.9456                4.0377                4.5046
                                                                                                                                                                      B                                                                                                                   about 264.5m shares, lower
 UAE                      3.6730              5.9962                4.0721                4.5430
 SAUDI                    3.7500              6.1219                4.1574                4.6382                                                                      E                                                                                                                   than the 30-day average vol-
                                                                                                                                                                                                                                                                                          ume of 277m.
                Dollar                                                                                                                                                R                                                                                                                      The 50-share NSE index closed
                                                                                                                                                                      T                                                                                                                   up 0.92pc at 5,413.85 points.
                 Currency                         March 22                                   Prev
                 Euro                               $1.421                                $1.4212
                 Yen                                 80.93                                  81.03
                 Swiss francs
                 Canadian dollars
                 Pound
                                                     0.903
                                                    0.9791
                                                    1.6375
                                                                                           0.9052
                                                                                           0.9784
                                                                                             1.63
                                                                                                                                                                   SHIPPING
                                                                                                               Almoayed Wilhelmsen                                                                                                 Gulf Agency Company
Oil                                                                                                            Imports
                                                                                                               Capt Cattelmann OOCL/NVOCC due from Europe, US, Far East today
                                                                                                                                                                                                                                   Atlas Leader
                                                                                                                                                                                                                                   Kaethe Rickmers
                                                                                                                                                                                                                                                         NYK/CAR due from Far East today
                                                                                                                                                                                                                                                         CSAV/NOR due from today
                                                                                                               Frida Schulte    OOCL/NVOCC due from Europe, US, Far East today                                                     Hyundai Freedom       NYK due from Far East tomorrow
Oil delivery prices (in dollars per barrel)                                                                    APL Tokyo        OOCL/NVOCC due from Europe, US, Far East tomorrow                                                  Petrohue              CSAV/NOR due from Far East tomorrow
                                                                                                 March 22      Maersk Avon      OOCL/NVOCC due from Europe, US, Far East March 28                                                  Seattle Express       NYK due from Europe March 26
                                                                                                     (close)   Capt Cattelmann OOCL/NVOCC due from Europe, US, Far East March 30                                                   Venna Express         NYK due from Far East March 26
IPE Brent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $115.91    Sima Paya        OOCL/NVOCC due from Europe, US, Far East March 30                                                  Margrit Ricmers       CSAV/NOR due from Europe Mach 30
                                                                                                               Hoegh Kyoto      WWL/NMT due from WWL/NMT March 30                                                                  Maule                 CSAV/NOR due from Far East March 30
Nymex crude . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $104.53        Exports                                                                                                             International Agencies
                                                                                                               Al Ihasa         OOCL to Far East, China, Southeast Asia, Inter                                                     CMA CGM Alaska        ANL due from Europe March 25
GOLD                                                                                                           Alsharif Group
                                                                                                                                Gulf March 27                                                                                      Sunny Oasis
                                                                                                                                                                                                                                   Ocean Promoter
                                                                                                                                                                                                                                                         EMC due from Far East March 26
                                                                                                                                                                                                                                                         EMC due from Southeast Asia March 26
                                                                                                               UASC Doha        Hanjin due from Europe March 26                                                                    Maersk, Kanoo
Gold bars                  Selling
    Rates are in Bahrain Dinars                          Metal Prices                                          Hanjin Beijing
                                                                                                               Xin Fu Zhou
                                                                                                                                Hanjin due from Far East March 26
                                                                                                                                Hanjin due from Far East March 26
                                                                                                                                                                                                                                   Maersk Avon
                                                                                                                                                                                                                                   Maersk Avon
                                                                                                                                                                                                                                                         Maersk due from Jebel March 28
                                                                                                                                                                                                                                                         Maersk due from Jebel April 4
8gm coin 22k              131.000                                                                              Al Mutanabbi     Hanjin due from US March 26                                                                        National Shipping
8gm coin 21k              127.000                       LONDON MARKETS                                         TS Dubai         TS Line due from Far East March 27                                                                 MSC La Spezia         MSC due from Europe, Mediterranean tomorrow
1gm (24 carat)             19.750                       Gold (per ounce)         $1,427.50                     Emirates Wasl    TS Line due from Far East March 27                                                                 MSC Savona            MSC due from Europe, Mediterranean tomorrow
2.5gm                      48.000                       Silver (per ounce)          $36.40                     Xin Ya Zhou      TS Line due from Far East March 27                                                                 MSC Joanna            MSC due from Far East tomorrow
5gm                        90.750                       Palladium                  $736.50                     Onyx Arrow       K Line due from Japan, Far East April 1                                                            MSC America           MSC due from Far East tomorrow
10gm                      177.750                       Platinum                 $1,736.99                     APL, Bahrain                                                                                                        Nordbaltic            MSC due from Inter Gulf tomorrow
20gm                      353.250                        (Three-month delivery)                                Frida Schulte    APL due from Jebel Ali today                                                                       OOCL Netherlands      Cosco due from Far East March 25
50gm                      875.250                       Aluminium ($ per tonne) 2,600.00                       APL Tokyo        APL due from Dammam tomorrow                                                                       YM Kaohsiung          YML due from Far East March 27
100gm                   1,742.000                       Copper ($ per tonne)      9,490.00                     SP5 Eric G Gibson     APL due from Kuwait March 28                                                                  Tuchal                HDSL due from Far East March 29
1 ounce                   546.250                       Lead (per tonne)        $ 2,670.00                     Frida Schulte    APL due from Jebel Ali March 30                                                                    Tandis                HDSL due from Far East March 29
1 tola                    207.000                       Nickel (per tonne)     $ 26,350.00                     Dilmun Shipping Agency                                                                                              MSC Lisbon            MSC due from Europe, Mediterranean March 31
5 tola                  1,018.250                       Tin (per tonne)       $ 30,150.00                      Xing Ya Zhou     CSCL due from Far East March 27                                                                    MSC Paloma            MSC due from Europe, Mediterranean March 31
10 tola                 2,020.250                       Zinc (per tonne)       $ 2,331.50                      TS Dubai         Emirates due from Far East March 27                                                                MSC Maeleine          MSC due from Far East March 31
1kg                    17,240.000                                                                              Emirates Wasl    Emirates due from Far East March 27                                                                Yusuf Bin Ahmed Kanoo
1kg silver                455.000                       BOMBAY                                                 CSAV Rio Geike Glovis due from Far East March 28                                                                    APL Tokyo             MOL due from Dammam tomorrow
1/2kg silver              225.500                       Gold 24K (per gram)       Rs2,100                      Bunga Raya Tiga Misc due from Far East March 29                                                                     Al Messilah           Livestock due from Fremantle March 26
                                                        Gold 22K (per gram)       Rs1,953                      Xin Tian Jin     CSCL due from Far East April 3                                                                     Hoegh Kyoto           Hoegh, US due from Dammam March 30
•   Courtesy Bahrain Express                            Gold (10g)            Rs20,955.00                      TS Nagoya        Emirates due from Far East April 3                                                                 APL Liberty           MOL due from Dammam March 31
Exchange Tel: 17-275-275                                Silver (1kg)          Rs54,770.00                      Emirates Kabir   Emirates due from Far East April 3                                                                 Prestige Newyork      Hoegh, US due from Dammam April 1

				
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