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Print - 2004-01-02
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Thursday (January 01, 2004).
Published 02 Jan, 2004 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.
Published 02 Jan, 2004 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.
Published 02 Jan, 2004 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus Announcements by Companies listed on the Karachi Stock Exchange.
Published 02 Jan, 2004 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Thursday (January 01, 2004).
Published 02 Jan, 2004 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.
Published 02 Jan, 2004 12:00am
CUPen Fund Rates

CUPen Fund Rates

CUPen Fund Rates on Thursday (January 01, 2004).
Published 02 Jan, 2004 12:00am
CUPen Fund Rates

CUPen Fund Rates

CUPen Fund Rates on Thursday (January 01, 2004).
Published 02 Jan, 2004 12:00am
CUPen Fund Rates

CUPen Fund Rates

CUPen Fund Rates on Thursday (January 01, 2004).
Published 02 Jan, 2004 12:00am
CU-Managed Fund Rates

CU-Managed Fund Rates

CU-Managed Fund Rates on Thursday (January 01, 2004).
Published 02 Jan, 2004 12:00am
CU-Managed Fund Rates

CU-Managed Fund Rates

CU-Managed Fund Rates on Thursday (January 01, 2004).
Published 02 Jan, 2004 12:00am
CU-Managed Fund Rates

CU-Managed Fund Rates

CU-Managed Fund Rates on Thursday (January 01, 2004).
Published 02 Jan, 2004 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (January 01, 2004).
Published 02 Jan, 2004 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (January 01, 2004).
Published 02 Jan, 2004 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT on Thursday (January 01, 2004)
Published 02 Jan, 2004 12:00am
Hike in wheat prices belies government's claim

Hike in wheat prices belies government's claim

The general trend of the commodity prices remained still on upside despite the government's claims that stern measures have been taken to control prices.
Published 02 Jan, 2004 12:00am
Oil cake market rates

Oil cake market rates

The January vaida opened at Rs 456 and was highest at Rs 457.40. Later it was down in depressed trading and quoted at Rs 455.60, but partially recovered and closing was seen at Rs 457.00.
Published 02 Jan, 2004 12:00am
Cotton trading restrained, but prices in buoyant mood

Cotton trading restrained, but prices in buoyant mood

The ginners may have been tempted to revise cotton prices as cotton futures rose sharply for the second time, but the spinners' quick reaction appears to have restrained them for the day, said relevant sources on Thursday.
Published 02 Jan, 2004 12:00am
Tajik aluminium

Tajik aluminium

Tajikistan's primary aluminium output rose 3.4 percent to 319,360 tonnes in 2003 compared with a year earlier and would rise further in 2004, a source at the country's sole aluminium producer said on Wednesday.
Published 02 Jan, 2004 12:00am
Jodia Bazar prices

Jodia Bazar prices

Current changes in prices on Jodia Bazar notified on Thursday (January 1, 2004) where skimmed milk had changes in Germany's down Rs 100 to Rs 3800 and Halla SMP down Rs 150 to Rs 3450 and full cream instant Kerry Gold down Rs 100 to Rs 3700.
Published 02 Jan, 2004 12:00am
Grain market rates

Grain market rates

Changes transpired on the seed and grain wholesale markets where modest business was seen on Thursday (January 1, 2004).
Published 02 Jan, 2004 12:00am
CBOT rice futures firm at final session of year

CBOT rice futures firm at final session of year

Chicago Board of Trade rough rice futures closed slightly higher on Wednesday, with rolling of nearby January contracts featured during the thinly traded, holiday-shortened session, brokers said.
Published 02 Jan, 2004 12:00am
Comex copper ends 2003 at highest close

Comex copper ends 2003 at highest close

Though COMEX copper prices finished on Wednesday's early session with only a modest rise, those gains took the red metal to a year-end close at levels last seen in August 1997, as thin conditions allowed bullish speculators to rule the day, copper traders
Published 02 Jan, 2004 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 97,609 tonnes of cargo including 81,355 tonnes import and 16,254 tonnes export cargo during last 24 hours ending at 0700 hours on Thursday.
Published 02 Jan, 2004 12:00am
Cotton prices climb to higher levels

Cotton prices climb to higher levels

Slowly but steadily, lint prices have crawled to higher levels and have gained about Rs 125 to Rs 150 per maund (37.32 kgs) over the past week or ten days. On Thursday the tone and tenor of the cotton price line showed tightening tendency. Strong fundamen
Published 02 Jan, 2004 12:00am
Cotton prices climb to higher levels

Cotton prices climb to higher levels

Slowly but steadily, lint prices have crawled to higher levels and have gained about Rs 125 to Rs 150 per maund (37.32 kgs) over the past week or ten days. On Thursday the tone and tenor of the cotton price line showed tightening tendency. Strong fundamen
Published 02 Jan, 2004 12:00am
Grains and copper lead strong close to 2003

Grains and copper lead strong close to 2003

Grain and copper prices closed higher on Wednesday as the outlook for growing demand added an exclamation mark to a strong year for commodity prices.
Published 02 Jan, 2004 12:00am
New York cocoa ends 2003 on weak note, touches one-month low

New York cocoa ends 2003 on weak note, touches one-month low

CSCE cocoa futures ended lower on Wednesday, hitting their lowest price since November 26 in a surprisingly active year-end session as speculators and local traders operated from the short side after a brief bounce, brokers said.
Published 02 Jan, 2004 12:00am
Singapore bunker prices fall, other ports rise

Singapore bunker prices fall, other ports rise

Singapore bunker prices were mostly lower on Wednesday in thin pre-holiday trade, but prices rose elsewhere in Asia due to healthy China demand, traders said.
Published 02 Jan, 2004 12:00am
New York coffee has late year-end upside sprint

New York coffee has late year-end upside sprint

CSCE coffee futures finished the final trading day of the year higher on Wednesday with a last-minute spike sparked by buy stops in a quiet conditions, dealers said.
Published 02 Jan, 2004 12:00am
US offers up to $40 million for Tajik-Afghan bridge

US offers up to $40 million for Tajik-Afghan bridge

The United States has allocated from 30 to 40 million dollars to build a road bridge over the river that separates Afghanistan and the Central Asian republic of Tajikistan, the US embassy in Dushanbe said Thursday.
Published 02 Jan, 2004 12:00am
Indian exports surge, outlook upbeat

Indian exports surge, outlook upbeat

India's merchandise exports surged nearly 14 percent in November driven by large holiday season orders from its main markets in the US and Europe and analysts said they were on course to meet the 12 percent annual target.
Published 02 Jan, 2004 12:00am
South Korean 2003 trade surplus surges

South Korean 2003 trade surplus surges

South Korea's trade surplus surged last year with exports recording an all-time high of nearly 200 billion dollars, the commerce, industry and energy ministry said Thursday.
Published 02 Jan, 2004 12:00am
US mad cow probe focuses on animal feed source

US mad cow probe focuses on animal feed source

US and Canadian investigators are trying to pinpoint if a cow in Washington state and another in Alberta shared a common source of feed before contracting the deadly mad cow disease.
Published 02 Jan, 2004 12:00am
Apple users threaten to sue over iBook and iPod

Apple users threaten to sue over iBook and iPod

Can a few bad apples - like product quality complaints and potential lawsuits - spoil the bunch for loyal fans of Apple Computer Inc ahead of their biggest party of the year?
Published 02 Jan, 2004 12:00am
Bangladesh moves to cut borrowing costs

Bangladesh moves to cut borrowing costs

The Bangladesh government cut the interest rate it pays on savings certificates on Thursday so business lending rates could drop and savers would put money into capital markets instead, an official said.
Published 02 Jan, 2004 12:00am
NYSE's global share increased in 2003

NYSE's global share increased in 2003

The New York Stock Exchange said on Wednesday that its global market capitalisation for shares traded rose in 2003, amid one of the most turbulent periods in the exchange's 211-year history.
Published 02 Jan, 2004 12:00am
Citibank and HSBC to issue cards in China

Citibank and HSBC to issue cards in China

US giant Citibank and HSBC Holdings Plc, the world's second-biggest bank by market value, have become the first foreign banks to win approval to issue credit cards in China, state media said on Thursday.
Published 02 Jan, 2004 12:00am
Showa Shell to boost Iraq crude buying: Nikkei

Showa Shell to boost Iraq crude buying: Nikkei

Showa Shell Sekiyu KK, a Japanese refiner half owned by Royal Dutch/Shell, is planning to nearly double its purchases of Iraqi crude in January, the Nihon Keizai Shimbun reported on Thursday.
Published 02 Jan, 2004 12:00am
Parmalat investigators ready for new push in probe

Parmalat investigators ready for new push in probe

Prosecutors on Thursday prepared for a new phase in their investigation into a multi-billion-euro fraud Italian food group Parmalat which has triggered one of the world's biggest corporate scandals.
Published 02 Jan, 2004 12:00am
US set to open bidding for Iraq contracts

US set to open bidding for Iraq contracts

Following a month of delays and bickering over who can bid for $18.6 billion in rebuilding work in Iraq, the Pentagon is expected to open up bidding on a slew of contracts next week, officials said late Wednesday.
Published 02 Jan, 2004 12:00am
Quirky rituals mark long US campaign process

Quirky rituals mark long US campaign process

The long, sometimes tortuous process of electing a US president, marked by baffling rules, quirky rituals and a history of surprises, enters its decisive stretch this month.
Published 02 Jan, 2004 12:00am
ICBC (Asia) to buy Fortis' Hong Kong ops for HK$2.16 billion

ICBC (Asia) to buy Fortis' Hong Kong ops for HK$2.16 billion

Dutch-Belgian financial services group Fortis said on Thursday that the Hong Kong arm of China's biggest lender will pay HK $2.16 billion (US $276.5 million) to buy most of its local banking operations, accelerating consolidation of the city's crowded ban
Published 02 Jan, 2004 12:00am
US album sales fall in 2003 but end on up note

US album sales fall in 2003 but end on up note

US album sales fell once again in 2003, but there were some signs that the music industry could be pulling out of its long-running slump, retail tracker Nielsen SoundScan reported on Wednesday.
Published 02 Jan, 2004 12:00am
Brazilian central bank charts 2004 recovery

Brazilian central bank charts 2004 recovery

Brazilian Central Bank on Tuesday forecast that Latin America's biggest economy would expand 3.5 percent in 2004 after a year of near-zero growth as lower interest rates kicked in and exports galloped ahead.
Published 02 Jan, 2004 12:00am
Indian government seen delaying cable TV system

Indian government seen delaying cable TV system

The Indian government, fearing voter wrath in national elections due in 2004, is likely to put on hold the rollout of a controversial new cable television access system, reports said Thursday.
Published 02 Jan, 2004 12:00am
FAW Xiali in 2003 sales up 33 percent

FAW Xiali in 2003 sales up 33 percent

China's FAW Xiali posted a nearly 33 percent rise in 2003 sales from its joint venture with Japan's Toyota Motor Corp thanks to China's thriving car market.
Published 02 Jan, 2004 12:00am
Turkey considers merging Pamukbank with state bank

Turkey considers merging Pamukbank with state bank

Turkey is to assess whether the failed Pamukbank could be merged with a state bank after bids for it fell short of expectations, a state banking body said on Wednesday.
Published 02 Jan, 2004 12:00am
Dollar hits new lows against euro as year ends

Dollar hits new lows against euro as year ends

The dollar hit an all-time low against the euro on Wednesday, shrugging off US economic data as concerns about possible attacks in the United States during New Year celebrations intensified selling pressure.
Published 02 Jan, 2004 12:00am
Canadian dollar slips, ends 2003 near 10-year high

Canadian dollar slips, ends 2003 near 10-year high

The Canadian dollar eased slightly from its 10-year high versus the US greenback on Wednesday, but most traders expect the currency, which surged 18 percent this year, will extend its torrid climb in 2004.
Published 02 Jan, 2004 12:00am
Mexican stocks finish firmer

Mexican stocks finish firmer

Mexican stocks ended the year at a record high on Wednesday, led by gains in blue chip cell phone company America Movil after news late Tuesday it had swapped its stake in computer retailer CompUSA Inc.
Published 02 Jan, 2004 12:00am
Toronto stocks end higher to cap winning year

Toronto stocks end higher to cap winning year

Toronto stocks capped off a winning year with a slight rise on Wednesday as a thin crop of investors felt little need to tinker with a market that posted its first annual increase since the high-tech boom of 2000.
Published 02 Jan, 2004 12:00am
US stocks end first positive year since 1999

US stocks end first positive year since 1999

US blue chips etched out slim gains to end at their 2003 peak on Wednesday as investors paused to reflect on the blazing rally over the past year that helped the market rack up its first annual gain since 1999.
Published 02 Jan, 2004 12:00am
New Willie Nelson song condemns war in Iraq

New Willie Nelson song condemns war in Iraq

Country music icon Willie Nelson has written a Christmas song with an edge - a protest against the war in Iraq that he hopes will stir passions in those who hear it.
Published 02 Jan, 2004 12:00am
Thousands march in Hong Kong for democratic reforms

Thousands march in Hong Kong for democratic reforms

Tens of thousands of protesters took to the streets of Hong Kong here on Thursday in a New Year's Day rally calling for a swift transition to full democracy in the former British colony, organisers said.
Published 02 Jan, 2004 12:00am
Iran arrests kidnappers of German and Irish tourists

Iran arrests kidnappers of German and Irish tourists

Iranian authorities have arrested the kidnappers of an Irish and two German tourists, who were released on Sunday after a three-week ordeal, the foreign ministry said Thursday.
Published 02 Jan, 2004 12:00am
Kenyan president urges politicians to end squabbles

Kenyan president urges politicians to end squabbles

Kenyan President Mwai Kibaki urged the country's politicians to set aside personal ambitions on Thursday, hoping to stop a rift in the ruling coalition from further undermining his year-old government.
Published 02 Jan, 2004 12:00am
Israeli scientists decipher how brain makes limbs move

Israeli scientists decipher how brain makes limbs move

Researchers from Jerusalem's Hebrew University have managed to decipher the nervous system's signals which command some limbs, in a breakthrough which could allow paraplegic people to recover prosthetics-assisted mobility.
Published 02 Jan, 2004 12:00am
Popular Filipino senator to run for vice president

Popular Filipino senator to run for vice president

A popular Philippine senator added political muscle to movie actor Fernando Poe Jr's campaign against President Gloria Macapagal Arroyo on Thursday by signing on as his running mate for May elections.
Published 02 Jan, 2004 12:00am
UK welcomed Pinochet's bloody 1973 Chilean coup

UK welcomed Pinochet's bloody 1973 Chilean coup

Britain welcomed General Augusto Pinochet's violent 1973 coup in Chile and regarded his military officers as "decent professionals" who were "on our side", documents released on Thursday showed.
Published 02 Jan, 2004 12:00am
Myanmar's leaders pledge support for democracy plan

Myanmar's leaders pledge support for democracy plan

Several of Myanmar's ethnic leaders have pledged their support to the military-ruled country's so-called democracy "road map" at an annual festival, the state-run press reported here Thursday.
Published 02 Jan, 2004 12:00am
Sars in China likely to be prevented: WHO

Sars in China likely to be prevented: WHO

The World Health Organisation (WHO) said Thursday it is likely that a major Sars outbreak in China could be prevented because the country is well prepared to tackle a re-emergence of the disease.
Published 02 Jan, 2004 12:00am
Pope wants new world order to keep peace

Pope wants new world order to keep peace

The world needs a "new international order" to solve its conflicts and ensure peace, Pope John Paul said in his New Year's Day address on Thursday.
Published 02 Jan, 2004 12:00am
Rescuers pull out three more survivors in Bam

Rescuers pull out three more survivors in Bam

A young girl and a pregnant woman were among three people pulled out alive from the rubble of the Bam earthquake on Thursday, Iranian state radio reported.
Published 02 Jan, 2004 12:00am
UK troops to stay in Iraq even in 2005: Hoon

UK troops to stay in Iraq even in 2005: Hoon

Defence Secretary Geoff Hoon said on Thursday British troops would still be in Iraq in a year, but their role would have changed from occupation to support for an Iraqi transitional government.
Published 02 Jan, 2004 12:00am
Mubarak not to bequeath power to son

Mubarak not to bequeath power to son

Egyptian President Hosni Mubarak, 75, whose recent illness sparked debate over his successor, said in remarks broadcast on Thursday he would not bequeath power to his son.
Published 02 Jan, 2004 12:00am
Israel army lifts blockade on Jenin

Israel army lifts blockade on Jenin

Israel's army said it was lifting its blockade on the encircled West Bank city of Jenin on Thursday as an Egyptian envoy called on the Jewish state to do more to help revive Middle East peace talks.
Published 02 Jan, 2004 12:00am
Japan to hand over industrial spy to US

Japan to hand over industrial spy to US

Japan will extradite a 43-year-old Japanese researcher to United States custody nearly three years after Washington charged him with stealing genetic research material, news reports said Thursday.
Published 02 Jan, 2004 12:00am
Protests at Afghan debate, ethnic divisions exposed

Protests at Afghan debate, ethnic divisions exposed

Up to a quarter of the 502 delegates thrashing out a new Afghan constitution refused to vote on Thursday, as ethnic divisions threatened to undermine a draft charter backed by the United States.
Published 02 Jan, 2004 12:00am
Six armed Indians arrested in Bangladesh

Six armed Indians arrested in Bangladesh

At least six armed Indian nationals were arrested Thursday in north-eastern Bangladesh for illegally entering the country, officials said.
Published 02 Jan, 2004 12:00am
FBI agents detain and board British Airways plane

FBI agents detain and board British Airways plane

US fighter jets late Wednesday escorted a British Airways passenger plane to Washington's international airport where it was detained on the tarmac so its 247 passengers could be questioned by federal agents, The Washington Post said Thursday.
Published 02 Jan, 2004 12:00am