News Archives for Print - 2004-05-11

Print - 2004-05-11

HBFC credit rating going up gradually

The credit rating of House Building Finance Corporation has gradually gone up during the past three years and has been maintained as 'A' during 2003.

Published 11 May, 2004 12:00am

The Weather

The weather report on Monday (May 10) and the forecast for Tuesday (May 11, 2004).

Published 11 May, 2004 12:00am

Hospital foundation laid

Sindh Minister for Planning & Development Syed Shoaib Bukhari laid the foundation stone of the project to convert Rural Health Centre, Baldia Town, into a 50-bed Sindh Government Hospital on Monday.

Published 11 May, 2004 12:00am

Key stock market movements at 1700 GMT on May 10

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).

Published 11 May, 2004 12:00am

Fishing policy being revised

The fishing policy is being revised to enhance earning of foreign exchange and improve socio-economic uplift of the small-scale fishermen.

Published 11 May, 2004 12:00am

LME official prices

LME official prices on Friday.

Published 11 May, 2004 12:00am

Sindh chief minister wants intelligence system improved

Sindh Chief Minister Sardar Ali Mohammad Khan Mahar directed the officials concerned on Monday to strengthen intelligence system and improve the performance of CID.

Published 11 May, 2004 12:00am

LME official prices

LME official prices on Friday.

Published 11 May, 2004 12:00am

Government facilitating masses for health and education

Sindh Assembly Speaker, Syed Muzaffar Hussain Shah has said the present government was making all out efforts to provide facilities of health and education without any discrimination.

Published 11 May, 2004 12:00am

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Monday (May 10, 2004)

Published 11 May, 2004 12:00am

Hoarders warned to surrender extra wheat

RY Khan District Food Controller (DFC) Malik Khuda Bakhsh has warned that anyone hoarding wheat grain in excess of their requirement would have to surrender the extra quantity in favour of the government.

Published 11 May, 2004 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (May 10, 2004).

Published 11 May, 2004 12:00am

Extension in SRO-410 demanded

Former senior vice-president Sialkot Chamber of Commerce and Industry (SCCI) Muhammad Sadiq Goraya has appealed to the government that statuary regulatory order (SRO) 410 should not be rescinded for the larger interest of the industrial sector of the coun

Published 11 May, 2004 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (May 10, 2004).

Published 11 May, 2004 12:00am

'Medicinal plants resources depleting rapidly'

Medicinal plants resources of Pakistan on which all forms of traditional medicinal system are based are depleting rapidly, says a study carried out on the topic of "traditional systems of medicines and medicinal plants resources of Pakistan".

Published 11 May, 2004 12:00am

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday May 10, 2004.

Published 11 May, 2004 12:00am

IT sector has to be improved for boosting GDP: Dr Atta

"We have to move out from the agriculture syndrome, as even a huge investment in this sector would not be possible and bring the GDP at a level to meet the future requirements of the county".

Published 11 May, 2004 12:00am

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday May 10, 2004.

Published 11 May, 2004 12:00am

Moin for improving universities standard

Former Sindh governor Moinuddin Haider on Monday expressed the need for improving the standard of universities to invent better future of the country.

Published 11 May, 2004 12:00am

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday May 10, 2004.

Published 11 May, 2004 12:00am

Way cleared for PML unification

The top brass of five factions of the Pakistan Muslim League (PML) met here on Monday and agreed to abdicate their individual positions and create a new unified party under the same rubric.

Published 11 May, 2004 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (May 10, 2004).

Published 11 May, 2004 12:00am

Livestock traders stage demonstration

The livestock traders of Sindh and Punjab held a protest demonstration in front of the local Press Club on Monday against Taluka Nazims for extra recovery of taxes on animals.

Published 11 May, 2004 12:00am

Poultry rates

Wholesale poultry rates on Monday (May 10) and rates for Tuesday (May 11, 2004).

Published 11 May, 2004 12:00am

Fahim to accompany Shahbaz to Lahore

The Chairman of Alliance for Restoration of Democracy (ARD), and senior vice-chairman of Pakistan Peoples Party, Amin Fahim, has booked his seat on Gulf Air's flight from Abu Dhabi to Lahore in which Shahbaz Sharif would be travelling on Tuesday, May 11,

Published 11 May, 2004 12:00am

Karachi Plastic/Urea Moulding Compounds Rates

Karachi Plastic/Urea Moulding Compounds Rates on Monday (May 10, 2004).

Published 11 May, 2004 12:00am

DSRA organises Mehfil-e-Milad

A Mehfil Milad-un-Nabi function organised by Defence Society Residents Association (DSRA) was held at Defence Central Library in DHA Phase-II here on Monday in which overwhelming and fervent tributes were paid to Allah's last Apostle Hazrat Mohamma

Published 11 May, 2004 12:00am

Yarn Prices

Karachi Yarn Market Rates

Karachi Yarn Market Rates on Monday (May 10, 2004).

Published 11 May, 2004 12:00am

Additional Registrar directed to submit Supreme Court storming case record

The Supreme Court on Monday directed the Additional Registrar Rawalpindi Bench of the Lahore High Court to submit complete report by May 12 regarding the storming of Rawalpindi Bench by the PML-N office bearers in 1995 during the rejection of Shaikh Rashi

Published 11 May, 2004 12:00am

Yarn Prices

Karachi Yarn Market Rates

Karachi Yarn Market Rates on Monday (May 10, 2004).

Published 11 May, 2004 12:00am

Aliens registration in Fata: government elaborates terms of Shakai agreement

The government has once again asked elements with foreign origin living in South Waziristan agency to register themselves so as to avoid other options.

Published 11 May, 2004 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Monday (May 10, 2004).

Published 11 May, 2004 12:00am

Chicken prices surge

The retail price of live broiler chicken has climbed to Rs 76 per kilogram due to shortage of poultry products in the city, consumers complained here on Monday.

Published 11 May, 2004 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Monday (May 10, 2004).

Published 11 May, 2004 12:00am

Four die and 30 hurt in bus-trailer collision

At least four persons, including three minor girls, died and 30 others injured in a head-on collision between Karachi bound bus and a trailer on the National Highway near here early this (Monday) morning.

Published 11 May, 2004 12:00am

Multan commodities market rates

Commodities market rates in rupees on Monday (May 10, 2004).

Published 11 May, 2004 12:00am

PSEB and Dubai Internet City to set up hi-tech park in Pakistan

Pakistan Software Export Board (PSEB) on Monday signed a Memorandum of Understanding (MoU) with the Dubai Internet City for setting up a modern and high-tech park in Pakistan.

Published 11 May, 2004 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Monday (May 10, 2004).

Published 11 May, 2004 12:00am

Need stressed for innovation in agriculture sector

There is a dire need to utilise collected unused data through innovative technologies in agriculture sector. These innovations are required not only to facilitate agriculture development, but also to promote a second "Green Revolution."

Published 11 May, 2004 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (May 10, 2004).

Published 11 May, 2004 12:00am

Tribesmen to raise Lashkar to hunt al Qaeda men

Members of a major tribe vowed on Monday to raise a Lashkar to hunt al Qaeda terrorists near the Afghan border after local allies of the foreign fighters refused to hand them in.

Published 11 May, 2004 12:00am

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (May 10, 2004).

Published 11 May, 2004 12:00am

Ruet-e-Hilal body meeting on May 20

The meetings of Zonal district committees of Ruet-e-Hilal for sighting the moon of Rabi-us-Sani 1425 A.H., will be held on May 20 (Thursday) at their respective headquarters.

Published 11 May, 2004 12:00am

Grain market rates

Karachi grain market rates in rupees on Monday (May 10, 2004).

Published 11 May, 2004 12:00am

Inflows and outflows of rivers

The position of the inflows/outflows at Tarbela, Mangla and Chashma along with the reservoirs levels and the barrages at 6 am on Monday.

Published 11 May, 2004 12:00am

Karachi chemicals and dyes market rates

Chemicals and dyes market rates in rupees on Monday (May 10, 2004).

Published 11 May, 2004 12:00am

IBP launching course for financial journalists

The Institute of Bankers Pakistan (IBP) is launching a series of short courses and talks for the professionals engaged in print and electronic media.

Published 11 May, 2004 12:00am

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Monday (May 10, 2004).

Published 11 May, 2004 12:00am

'Additional tax' waived

The Central Board of Revenue (CBR) has given exemption of 'additional tax' and penalty to distributor of a multinational company for August-October 2003.

Published 11 May, 2004 12:00am

Rates of spices and other allied commodities

Rates of spices and other allied commodities in rupees prevailing on the commodity markets in Karachi on Monday (May 10, 2004).

Published 11 May, 2004 12:00am

'Additional tax' waived

The Central Board of Revenue (CBR) has given exemption of 'additional tax' and penalty to distributor of a multinational company for August-October 2003.

Published 11 May, 2004 12:00am

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (May 10, 2004).

Published 11 May, 2004 12:00am

Ten killed in occupied Kashmir

Ten people were killed in an explosion and gunfights in occupied Kashmir on Monday but voting in two parliamentary constituencies in the restive region passed off relatively unscathed, occupation police said.

Published 11 May, 2004 12:00am

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (May 10, 2004).

Published 11 May, 2004 12:00am

Foreign secretary to leave for Denmark

Foreign Secretary Riaz Khokhar leaves here for a four-day visit to three Scandinavian nations, Denmark, Sweden and Norway for consultations on mutual relations and the situation in South Asian region that will include a review of reconstruction process in

Published 11 May, 2004 12:00am

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (May 10, 2004).

Published 11 May, 2004 12:00am

PPDA seeks compensation for petrol pumps

Pakistan Petroleum Dealers Association in its largely-attended meeting on Monday strongly condemned the incident of Haidery Mosque and expressed deep shock over the act of terrorism and brutality committed on the Namazis.

Published 11 May, 2004 12:00am

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (May 10, 2004).

Published 11 May, 2004 12:00am

Supreme Court opens judicial week with 10 judges

The nation's highest court of appeals opened the second judicial week of May with ten judges on the benches and two proceedings on temporary vacation.

Published 11 May, 2004 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Monday (May 10, 2004).

Published 11 May, 2004 12:00am

Repatriation of 2 million Afghan refugees completed: minister

Federal Minister for Water and Power, KANA and SAFRON, Aftab Ahmed Khan Sherpao said on Monday that the progress of Afghan refugees repatriation is satisfactory and repatriation of two million total refugees has been completed so far.

Published 11 May, 2004 12:00am

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Monday (May 10, 2004).

Published 11 May, 2004 12:00am

Kashmir dispute settlement must for harmony in South Asia, President briefs UK MPs

President Pervez Musharraf on Monday stressed that settlement of the Kashmir dispute was required to bring harmony in South Asia.

Published 11 May, 2004 12:00am

THE RUPEE: sharp gains versus euro

The rupee gained Rs 1.25 in terms of the euro in the open market on Monday for buying and selling at Rs 68.64 and Rs 68.95, respectively, dealers said.

Published 11 May, 2004 12:00am

Balloting for allotment of industrial plots

Sindh Industrial Trading Estate (Site) has arranged a balloting ceremony for allotment of 140 industrial plots in phase I and II of the Site at Super Highway here tomorrow (Tuesday) at 7 pm in the Site head office.

Published 11 May, 2004 12:00am

THE RUPEE: sharp gains versus euro

The rupee gained Rs 1.25 in terms of the euro in the open market on Monday for buying and selling at Rs 68.64 and Rs 68.95, respectively, dealers said.

Published 11 May, 2004 12:00am

Local holiday

City District Government Karachi (CDGK) has declared May 12 as local holiday in connection with the bye-election in Karachi.

Published 11 May, 2004 12:00am

Pharmaceuticals: HIGHNOON LABORATORIES LIMITED - Year Ended 31-12-03

Highnoon boasts domestic sales growth this year of 15.78% compared with 12.7% for the pharmaceutical industry as a whole. It is the 16th largest pharmaceutical company in Pakistan.

Published 11 May, 2004 12:00am

Ministers barred from visiting polling stations

Chief Election Commissioner, former Chief Justice Irshad Hasan Khan has directed that no federal or provincial minister or minister of state would be allowed to visit polling station on the polling day of bye-elections except to cast vote in the constitue

Published 11 May, 2004 12:00am

Pharmaceuticals: HIGHNOON LABORATORIES LIMITED - Year Ended 31-12-03

Highnoon boasts domestic sales growth this year of 15.78% compared with 12.7% for the pharmaceutical industry as a whole. It is the 16th largest pharmaceutical company in Pakistan.

Published 11 May, 2004 12:00am

LoI for $1.2 billion Munda power project to be signed on May 11

The signing ceremony of the Letter of Intent (LoI) between the government of Pakistan and a private American firm, M/s AMZO Corp, for the construction of $1.2 billion, 740MW Munda Hydroelectric Power Project will be held here on Tuesday.

Published 11 May, 2004 12:00am

All shares index report

The sector-wise all shares index report on Monday (May 10, 2004).

Published 11 May, 2004 12:00am

Shahbaz flays arrest of workers

President of Pakistan Muslim League (PML-N) Shahbaz Sharif said on Monday that a government crackdown on his supporters made his flight back to Pakistan on Monday urgent.

Published 11 May, 2004 12:00am

Cross Transactions

Cross transactions between client to client reported on Monday (May 10, 2004).

Published 11 May, 2004 12:00am

New credit facilities being provided to agri sector, MNAs informed

A committee of MNAs was informed on Monday that private sector financial institutions are launching new initiatives and products to expand credit facilities to the agriculture sector.

Published 11 May, 2004 12:00am

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 11 May, 2004 12:00am

People believe in enlightened moderation: Prime Minister

Prime Minister Mir Zafarullah Khan Jamali said on Monday the people of Pakistan do not believe in fanaticism or extremism, rather they believe in enlightened moderation.

Published 11 May, 2004 12:00am

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 11 May, 2004 12:00am

People advised to defer visit to Iraq

The Foreign Office has appealed to intending pilgrims for Karbala and Najaf to avoid Iraq until stability and peace returns to that country.

Published 11 May, 2004 12:00am

Dividend/Bonus Announcements

Dividend/Bonus Announcements by Companies listed on the Karachi Stock Exchange.

Published 11 May, 2004 12:00am

NFC's informal session on May 13

The Finance Ministry will hold an informal session of National Finance Commission on Thursday.

Published 11 May, 2004 12:00am

Shares buy-back schedule

Shares buy-back schedule of listed companies on Monday (May 10, 2004).

Published 11 May, 2004 12:00am

ZTBL allocates Rs 15 billion for Kharif season

Zarai Taraqiati Bank Limited (ZTBL) on Monday announced that in order to fulfil credit needs of small farmers, the bank has allocated Rs 15 billion for Kharif season with co-ordination of postal authorities and revenue officials of provincial governments

Published 11 May, 2004 12:00am

Last date of renunciation/payment

Last dates of renunciation/payment.

Published 11 May, 2004 12:00am

Ministries asked to ensure maximum funds utilisation

All the ministries have been asked to ensure maximum utilisation of funds allocated for development projects instead of demanding an "ambitious increase" in their respective Public Sector Development Programmes (PSDPs), which are being reviewed for next f

Published 11 May, 2004 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 29	278.13
USD PKR Interbank Buying / Nov 29	278.03
USD to Japanese Yen / Nov 29	150.14
USD to Swiss Franc / Nov 29	0.88
Pound Sterling to USD / Nov 29	1.27
Euro to USD / Nov 29	1.06

Stock	Volume
S&P 500 / Nov 28	5,998.74
Nasdaq / Nov 28	19,060.48
Dow Jones / Nov 28	44,722.06
India Sensex / Nov 29	19,338.14
Tokyo Nikkei / Nov 29	38,198.52
Hang Seng / Nov 29	79,714.50
FTSE 100 / Nov 29	8,273.90
Germany DAX 30 / Nov 29	19,432.28

Item	Value
Gold 10 Grams PKR / Nov 28	241,602.20
Crude Oil USD/Barrel / Nov 29	69.08
Karachi Cotton PKR/37.32 KG / Nov 29	17,685
Gold Spot USD/Ounce / Nov 29	2,666.09
Cotton US¢/pound / Nov 29	71.75
Petrol/Litre / Nov 30	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 30 786 Investments Limited(786)	6.74 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 30 Al-Abbas Sugar Mills Limited(AABS)	619.90 ▼ 0.00 (0.00%)
Agro Allianz / Nov 30 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 30 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 30 Ali Asghar Textile Mills Limited(AATM)	70 ▼ 0.00 (0.00%)
Allied Bank / Nov 30 Allied Bank Limited(ABL)	139.74 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 30 Abbott Laboratories (Pakistan) Limited(ABOT)	1,021.33 ▼ 0.00 (0.00%)
Abson Ind. / Nov 30 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 30 Alfalah Consumer Index ETF.(ACIETF)	12.66 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 30 786 Investments Limited(786)	6.74 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 30 Al-Abbas Sugar Mills Limited(AABS)	619.90 ▲ 0.00 (0.00%)
Agro Allianz / Nov 30 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 30 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 30 Ali Asghar Textile Mills Limited(AATM)	70 ▲ 0.00 (0.00%)
Allied Bank / Nov 30 Allied Bank Limited(ABL)	139.74 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 30 Abbott Laboratories (Pakistan) Limited(ABOT)	1,021.33 ▲ 0.00 (0.00%)
Abson Ind. / Nov 30 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 30 Alfalah Consumer Index ETF.(ACIETF)	12.66 ▲ 0.00 (0.00%)

Stock	Volume
B.O.Punjab / Nov 30 The Bank of Punjab(BOP)	179,225,089 ▲ 0.00
K-Electric Ltd. / Nov 30 K-Electric Limited(KEL)	64,868,271 ▲ 0.00
Bank Makramah / Nov 30 Bank Makramah Limited(BML)	60,297,878 ▲ 0.00
Pace (Pak) Ltd. / Nov 30 Pace (Pakistan) Limited(PACE)	55,350,909 ▲ 0.00
Hascol Petrol / Nov 30 Hascol Petroleum Limited(HASCOL)	42,730,290 ▲ 0.00
Fauji Foods Ltd / Nov 30 Fauji Foods Limited(FFL)	38,903,524 ▲ 0.00
Sui South Gas / Nov 30 Sui Southern Gas Company Limited(SSGC)	36,014,321 ▲ 0.00
Cnergyico PK / Nov 30 Cnergyico PK Limited(CNERGY)	33,477,996 ▲ 0.00
WorldCall Telecom / Nov 30 Worldcall Telecom Limited(WTL)	31,208,624 ▲ 0.00

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