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Sensex rises in choppy trade

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Sensex rises in choppy trade Powered By Docstoc
						   18      Gulf	Daily	News	Friday,	9th	September	2011




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                                CURRENCIES                                                                                    Bahrain Bourse                                                                                                                      Total number of shares traded
                                                                                                                                                                                                                                                                  Total value of shares trades
                                                                                                                                                                                                                                                                                                                                  702,950
                                                                                                                                                                                                                                                                                                                               BD90,367

      Exchange Rates
                                                                                                                    PRICES at the close of trading yesterday:                                                                       SERVICES SECTOR
     COUNTRY                                               SELL CASH               SELL DRAFT                       BAHRAIN ALL SHARE INDEX ....................... 1,271.43 .......................+8.23                           Bahrain	Ship	Repairing	and	Engineering	Co	........ 1.700	................................
                                                                                                                    Company ................................................. Share Prices ........ Change + or -                   Bahrain	Car	Park	Company	.................................. 0.179	................................
     AUSTRALIA	(Dollar)	                                          0.4076	                0.4046
                                                                                                                    BANKS SECTOR                                                                                                    Bahrain	Cinema	Company	.................................... 0.800	................................
     BANGLADESH (Taka)                                          0.00515                 0.00508                                            .
                                                                                                                    Ahli	United	Bank	 ................................................... $0.72	.......................+0.02        Bahrain	Duty	Free	Shop	Complex	........................ 0.690	................................
     CANADA	(Dollar)	                                             0.3904	                0.3864                     Al	Salam	Bank	(Salam)	......................................... 0.049	................................                                                              .
                                                                                                                                                                                                                                    Bahrain	Maritime	and	Mercantile	Intl	.................... 0.555	................................
                                                                                                                                                  .
                                                                                                                    Bahrain	Islamic	Bank	............................................ 0.101	................................                                                                 .
                                                                                                                                                                                                                                    Bahrain	Telecommunications	Company	............... 0.400	................................
     CHINA	(Yuan)	                                             0.061100	                 0.0611                     BBK	....................................................................... 0.404	.....................+0.004   General	Trading	and	Food	Processing	Co	........... 0.268	................................
     DENMARK	                                                     0.0743	                     -                     Ithmaar	Bank	....................................................... $0.080	................................    Nass	Corporation	BSC	.......................................... 0.150	................................
     EGYPT	(Pound)	                                               0.0643	                0.0638                                                                         .
                                                                                                                    Khaleeji	Commercial	Bank	(KHCB)	 ...................... 0.041	................................                  Seef	Properties	BSC	............................................. 0.089	................................
                                                                                                                    National	Bank	of	Bahrain	...................................... 0.590	................................                                                                 .
                                                                                                                                                                                                                                    Sudan	Telecommunications	Company	................. $1.75
     EUROPEAN UNION (Euro)                                        0.5380                 0.5355                     The	Bahraini	Saudi	Bank	...................................... 0.065	................................           INSURANCE SECTOR
     HONG	KONG	(Dollar)	                                        0.04959	                0.04919                                      .
                                                                                                                    Bank	Muscat	......................................................... 0.824                                     Al	Ahlia	Insurance	Company	................................. 0.360	................................
     INDIA (Rupee)                                              0.00853                 0.00829                     BANKS INVEST SECTOR                                                                                                                                       .
                                                                                                                                                                                                                                    Arab	Insurance	Group	(ARIG)	 .............................. $0.44	................................
                                                                                                                    Al	Baraka	Banking	Group	BSC	........................... $1.130	................................                 Bahrain	Kuwait	Insurance	Company	..................... 0.670	................................
     INDONESIA	(Rupiah)	                                    0.00004637	             0.00004485                      Arab	Banking	Corporation	..................................... 0.460	................................                                             .
                                                                                                                                                                                                                                    Bahrain	National	Holding	...................................... 0.418	................................
     IRAN	(Tuman)	                                          0.00033279	                       -                     Bahrain	Commercial	Facilities	Co	......................... 0.420	................................               Takaful	International	Company	............................. 0.290
                                                                                                                    Bahrain	Middle	East	Bank	..................................... 0.075	................................           HOTEL SECTOR
     IRAQ	(Dinar)	                                             0.000321	                      -                                                 .
                                                                                                                    Gulf	Finance	House	.............................................. $0.15	.......................+0.01            Bahrain	Family	Leisure	Company	......................... 0.100	................................
     JAPAN	(Yen)	                                              0.005030	              0.004960                                                    .
                                                                                                                    Gulf	Monetary	Group	 ............................................ 0.035	................................                                              .
                                                                                                                                                                                                                                    Bahrain	Tourism	Company	................................... 0.320	................................
     JORDAN	(Dinar)	                                              0.5354	                0.5350                     Inovest	BSC	........................................................ $0.320	................................    Banader	................................................................. 0.078	................................
                                                                                                                                          .
                                                                                                                    Investcorp	Bank	............................................. $1,138.50	................................                               .
                                                                                                                                                                                                                                    Gulf	Hotels	Group	................................................. 0.795	................................
     KOREA	(Won)	                                           0.00040371                                              TAIB	Bank	........................................................... $2.730	................................                                       .
                                                                                                                                                                                                                                    National	Hotels	Company	..................................... 0.445	................................
     KUWAIT (Dinar)                                               1.3820                     1.382                  United	Gulf	Bank	................................................... 0.300	................................     INDUSTRIES SECTOR
     MALAYSIA	(Ringgit)	                                      0.130200	                     0.1302                  United	Gulf	Industries	Corp	................................... 0.094	................................          Bahrain	Flour	Mills	Company	................................ 0.400	................................
                                                                                                                    INVESTMENT SECTOR                                                                                               Delmon	Poultry	Company	..................................... 0.215	................................
     MALTA	(Lira)	                                                     -	                        -                  AUB	Preference	A	............................................... $0.400	................................        IPO
     NEW	ZEALAND	(Dollar)	                                        0.3186	                   0.3176                  Esterad	Investment	Company	............................... 0.129	................................                                               .
                                                                                                                                                                                                                                    Aluminum	Bahrain	BSC	........................................ 0.895	................................
     NORWAY	(Krone)	                                              0.0720	                        -                  Global	Investment	House	...................................... 0.150	................................           CLOSED COMPANY SECTOR
                                                                                                                    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 rises in choppy trade
     NEPAL	(Rupee)	                                             0.00553	                  0.00518
     OMAN (Riyal)                                               0.98000                   0.98300
     PAKISTAN (Rupee)                                           0.00446                   0.00433
     PHILIPPINES (Peso)                                         0.00917                   0.00891
     QATAR (Riyal)                                              0.10379                   0.10374
     SAUDI ARABIA (Riyal)                                       0.10058	                  0.10065                       MUMBAI: Indian shares over-                            nents gaining.                    expectations the company will                                              ny,” said independent consultant
     SINGAPORE	                                                  0.3155	                    0.3145
                                                                                                                        came a choppy early session and                           Sofware services bellwether be able to raise gas output.                                                  S P Tulsian.
                                                                                                                        climbed for a third day to their                       Infosys, market leader Tata         The Comptroller and Auditor                                                 Reliance, India’s largest listed
     SOUTH	AFRICA	(Rand)	                                       0.05470	                  0.05460                       best close in five weeks yester-                       Consultancy Services and No 3 General (CAG) criticised                                                       firm, has been under fire in
     SRI LANKA (Rupee)                                          0.00359                   0.00346                       day, with export-driven software                       exporter Wipro, who                         Reliance and the gov-                                            recent months from the upstream
     SWEDEN	(Krona)	                                              0.0622	                        -                      services companies among the                           get most of their reve-                     ernment over develop-                                            regulator, investors and analysts
     SWITZERLAND	(Franc)	                                         0.4529	                   0.4499                      gainers in anticipation of US                          nue from the              BOMBAY ment ofnatural gas   the country’s                                          over slowing gas output from its
     SYRIA	(Pound)	                                            0.007590	                    0.0076                      moves to bolster its flagging                             US, rose 2.1, 0.5 and                    key                                                              KG blocks, and its shares have
     TAIWAN	(Dollar)	                                          0.013500	                         -
                                                                                                                        economy.                                               2.6pc respectively.                         resource in the Krishna                                          suffered.
                                                                                                                           A revival in foreign fund buy-                         President Barack STOCKS Godavari (KG) basin                                                                  Earlier this year, Reliance
     THAILAND	(Baht)	                                         0.012840	                  0.012730                       ing over the past few days also                        Obama is expected to                        and called for revamp-                                           sold a 30pc stake in 22 oil and
     TURKEY	(Lira)	                                              0.2252	                         -                      underpinned the market, which                          unveil a more than                          ing profit sharing                                               gas blocks, some in the KG
     UK (Sterling)                                                0.6110                    0.6085                      has been one of the worst per-                         $300 billion package to                     arrangement from oil                                             basin, to BP in a $7.2 billion
     UAE (Dirham)                                             0.102800                   0.102800                       formers this year due to rising                        boost jobs in a speech before the and gas blocks.        “The CAG                                            deal, in part to benefit from BP’s
     USA (Dollar)                                               0.37800                   0.37800                       interest rates and slowing                             joint session of US Congress.     report is more onerous on the                                              expertise in deepwater explora-
                                                                                                                        growth.                                                   Energy major Reliance DGH (director general of hydro-                                                     tion.
                                                                                                                           The 30-share BSE index rose                         Industries shrugged off remarks carbons) and the petroleum min-                                                 Reliance shares, which have
     Rates are in Bahraini dinars at 17.00 local time, Thursday. Rates are
                                                                                                                        0.59 per cent, or 100.54, to                           from a government auditor and istry rather than Reliance. No                                                 the heaviest weight on the main
     indications only. For firm rates or for currencies not listed above                                                17,165.54, its highest close since                     rallied 2.3pc, taking gains over serious adverse remarks have                                                index, are down 19.5pc in the
     please call Bahrain Financing Company. Telephone: 17228888,                                                        August 5, with half its compo-                         three days to more than 8pc on been passed against the compa-                                                year to date, compared with a
     Website: www.bfc.com.bh.                                                                                                                                                                                                                                                               16.3pc fall in the benchmark
                                                                                                                                                                                                                                                                                            index.
     Gulf Interbank Rates                                                                                                                                                                                                                                                                      Drugmaker             Ranbaxy
                                                                                                                                                                         D                                                                                                                  Laboratories ended up 4.1pc on
     BAHRAIN	
                             1 US$
                             0.3770	
                                                1 UK Stg
                                                  0.6084	
                                                                         1 SFR
                                                                         0.4815	
                                                                                              100 Yen
                                                                                               0.4909
                                                                                                                                                                         I                                                                                                                  reports the company would
     KUWAIT	                 0.2855	              0.4607	                0.3646	               0.3717                                                                    L                                                                                                                  release a generic version of cho-
                                                                                                                                                                                                                                                                                            lesterol-lowering drug Lipitor in
     OMAN	                   0.3849	              0.6212	                0.4916	               0.5012
                                                                                                                                                                         B                                                                                                                  the US at the end of November
     QATAR	                  3.6420	              5.8775	                4.6513	               4.7422
     UAE                     3.6730	              5.9275	                4.6909	               4.7826                                                                    E                                                                                                                  as planned.
                                                                                                                                                                                                                                                                                               Banks were mixed on con-
     SAUDI	                  3.7500	              6.0518	                4.7893	               4.8828                                                                    R                                                                                                                  cerns the central bank may again
                    Dollar                                                                                                                                               T                                                                                                                  raise rates next week.
                     Currency                        September 8                            Previous
                     Euro	                               $1.3931	                            $1.4069
                     Yen	
                     Swiss	francs	
                     Canadian	dollars	
                                                           77.46	
                                                          0.8729	
                                                          0.9862	
                                                                                               77.31
                                                                                              0.8595
                                                                                              0.9871
                                                                                                                                                                     SHIPPING
                     Pound	                               1.6003	                             1.5964
                                                                                                                    Almoayed Wilhelmsen                                                                                             TS	Nagoya	                        Emirates	due	from	Far	East	September	18
                                                                                                                    Imports                                                                                                         Cosco	Fukuyama	                   Misc	due	from	Far	East	September	20
    Oil                                                                                                             Eric	Gibson	
                                                                                                                    Baniyas	
                                                                                                                                        OOCL	due	from	Europe,	US,	Far	East	today
                                                                                                                                        Bulk	Handling	due	from	Australia	tomorrow
                                                                                                                                                                                                                                    Bunga	Seroja	Satu	
                                                                                                                                                                                                                                    TS	Korea	
                                                                                                                                                                                                                                                                      CSCL	due	from	Far	East	September	24
                                                                                                                                                                                                                                                                      Emirates	due	from	Far	East	September	25
                                                                                                                    Maersk	Phuket	      OOCL	due	from	Europe,	US,	Far	East	September	11                                             Bunga	Raya	Empat	                 Misc	due	from	Far	East	September	27
    Oil delivery prices (in dollars per barrel)                                                                     Sima	Paya	          OOCL	due	from	Europe,	US,	Far	East	September	13                                             Xin	Tian	Jin	                     CSCL	due	from	Far	East	October	1
                                                                                              September 08          Eric	Gibson	        OOCL	due	from	Europe,	US,	Far	East	September	16                                             TS	Jakarta	                       TS	Line	due	from	Far	East	October	2
                                                                                                          (close)   Maersk	Phuket	      OOCL	due	from	Europe,	US,	Far	East	September	18                                             Bunga	Raya	Lapan	                 Misc	due	from	Far	East	October	4
    IPE	Brent	 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $114.55	   Honor	              WWL/NMT	due	from	Europe,	US,	Far	East	Sept	18                                               National Shipping
                                                                                                                    Sima	Paya	          OOCL	due	from	Europe,	US,	Far	East	September	20                                             Sabalan	                           HDSL	due	from	Far	East	tomorrow
    Nymex	crude	 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $90.23		     Maersk	Phuket	      OOCL	due	from	Europe,	US,	Far	East	September	25                                             First	Ocean	                       HDSL	due	from	Far	East	tomorrow
                                                                                                                    Exports                                                                                                         Daffodil	                          HDSL	due	from	Far	East	tomorrow
    GOLD                                                                                                            Bux	Crown	
                                                                                                                    	
                                                                                                                                        OOCL	to	Far	East,	China,	Southeast	Asia,	Inter	Gulf		
                                                                                                                                        September	11
                                                                                                                                                                                                                                    MSC	Paloma	
                                                                                                                                                                                                                                    MSC	Genova	
                                                                                                                                                                                                                                                                       MSC	due	from	Europe,	Mediterranean	September	11
                                                                                                                                                                                                                                                                       MSC	due	from	Far	East	September	11
                                                                                                                    Bux	Crown	          OOCL	to	Far	East,	China,	Southeast	Asia,	Inter	Gulf		                                       MSC	Vienna	                        MSC	due	from	Far	East	September	11
    Gold bars                  Selling
        Rates are in Bahrain Dinars                          Metal Prices                                           	
                                                                                                                    Alsharif Group
                                                                                                                                        September	18                                                                                MSC	Anafi	
                                                                                                                                                                                                                                    AS	Poseidon	
                                                                                                                                                                                                                                                                       MSC	due	from	Far	East	September	11
                                                                                                                                                                                                                                                                       MSC	due	from	Inter	Gulf	September	11
    8gm	coin	22k	             172.000                                                                               TS	Tokyo	           TS	Line	due	from	Far	East	September	11                                                      OOCL	Europe	                       Cosco	due	from	Far	East	September	12
    8gm	coin	21k	             166.000                       LONDON MARKETS                                          UASC	Zamzam	        Hanjin	due	from	Europe	September	14                                                         YM	Europe	                         YML	due	from	Far	East	September	12
    1gm	(24	carat)	            25.500                       Gold	(per	ounce)	        $1,855.29                      Xin	Chi	Wan	        Hanjin	due	from	Far	East	September	14                                                       Palmary	                           HDSL	due	from	Far	East	September	17
    2.5gm	                     61.000                       Silver	(per	ounce)	         $42.33                      Hanjin	Bermerhaven	 Hanjin	due	from	Far	East	September	14                                                       Tandis	                            HDSL	due	from	Far	East	September	17
    5gm	                      118.750                       Palladium	                 $758.47                      Najran	             Hanjin	due	from	US	September	14                                                             Cosco	Napoli	                      Cosco	due	from	Far	East	September	19
    10gm	                     232.000                       Platinum	                $1,842.49                      Hanjin	Belawan	     Hanjin	due	from	Inter	Gulf	September	14                                                     Sunny	Oasis	                       Cosco	due	from	Far	East	September	19
    20gm	                     459.500                        (Three-month delivery)                                 TS	Nagoya	          TS	Line	due	from	Far	East	September	18                                                      YM	West	                           YML	due	from	Far	East	September	19
    50gm	                   1,138.500                       Aluminium	($	per	tonne)	 2,420.00                       Deira	              Hanjin	due	from	Europe	September	21                                                         MSC	Camille	                       MSC	due	from	Europe,	Mediterranean	September	22
    100gm	                  2,271.000                       Copper	($	per	tonne)	     9,115.00                      Xin	Qin	Huang	Dao	 Hanjin	due	from	Far	East	September	21                                                        MSC	Valencia	                      MSC	due	from	Far	East	September	22
    1	ounce	                  710.000                       Lead	(per	tonne)	       $	2,490.00                      NYK	Aquarius	       Hanjin	due	from	Far	East	September	21                                                       MSC	Bari	                          MSC	due	from	Far	East	September	22
    1	tola	                   269.000                       Nickel	(per	tonne)	    $	21,050.00                      UASC	Shuwaikh	      Hanjin	due	from	US	September	21                                                             MSC	Recife	                        MSC	due	from	Far	East	September	22
    5	tola	                 1,325.250                       Tin	(per	tonne)	       $	24,475.00                      Hanjin	Belawan	     Hanjin	due	from	Inter	Gulf	September	21                                                     AS	Poseidon	                       MSC	due	from	Inter	Gulf	September	22
    10	tola	                2,633.750                       Zinc	(per	tonne)	       $	2,251.00                      Grand	Sapphire	     K	Line	due	from	Japan,	Far	East	September	22                                                OOCL	Europe	                       Cosco	due	from	Far	East	September	23
    1kg	                   22,479.250                                                                               TS	Korea	           TS	Line	due	from	Far	East	September	25                                                      Third	Ocean	                       HDSL	due	from	Far	East	September	24
    1kg	silver	               539.000                       Bombay
                                                                                                                    Dream	Angel	        K	Line	due	from	Japan,	Far	East	September	26                                                Second	Ocean	                      HDSL	due	from	Far	East	September	24
    1/2kg	silver	             250.000                       Gold	24K	(per	gram)	 Rs2,771.00                         Dilmun Shipping Agency                                                                                          YM	Asia	                           YML	due	from	Far	East	September	26
                                                            Gold	22K	(per	gram)	 Rs2,591.00                         Xin	Nan	Tong	       CSCL	due	from	Far	East	tomorrow                                                             MSC	Alexandra	                     MSC	due	from	Europe,	Mediterranean	September	29
        • Courtesy Bahrain Express                          Gold	(10g)	           Rs27,620.00                       TS	Tokyo	           Emirates	due	from	Far	East	September	11                                                     MSC	Laurence	                      MSC	due	from	Europe,	Mediterranean	September	29
         Exchange Tel: 17-275-275                           Silver	(1kg)	         Rs63,615.00                       CSCL	Asia	          CSCL	due	from	Far	East	September	17                                                         MSC	Ines	                          MSC	due	from	Far	East	September	29

				
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posted:9/13/2011
language:English
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