News Archives for Print - 2004-06-19

Print - 2004-06-19

Punjab minister resigns

Punjab Social Welfare Minister Syeda Sughra Hussain Imam on Friday voluntarily tendered her resignation from the cabinet.

Published 19 Jun, 2004 12:00am

Wana operation: top tribal warrior, four supporters killed

The security forces killed a top tribal warrior, Naik Mohammad wanted for sheltering al Qaeda militants in an overnight swoop on his hideout in a remote region bordering Afghanistan, officials said on Friday.

Published 19 Jun, 2004 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

Indian states agree to introduce VAT

India's states finally agreed on Friday to introduce value-added tax, one of the country's most ambitious tax reforms in half a century aimed at boosting revenues to help bridge a huge deficit, from April 1 next year.

Published 19 Jun, 2004 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

China's economy in good shape: central bank

China's economy is in good shape and recent steps to cool rapid growth are working, the central bank said on Friday, the latest in a string of comments that have eased expectations of an imminent interest rate hike.

Published 19 Jun, 2004 12:00am

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

Turkish trade deficit up

Turkey's foreign trade deficit swelled 94.9 percent year-on-year to $3.019 billion in April, the State Statistics Institute (DIE) said on Friday, far exceeding expectations.

Published 19 Jun, 2004 12:00am

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

Japanese regulator slams UFJ for cover-up

Japan's financial regulator said Friday that major lender UFJ Bank "systematically" falsified, destroyed and covered up crucial data to embellish its bad loan position, a conclusion the bank disputed.

Published 19 Jun, 2004 12:00am

Banks' rates for currency notes (buying and selling)

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

Russian court adjourns Yukos tax case to June 21

Russian oil major Yukos staved off immediate bankruptcy on Friday after a Moscow court adjourned over the weekend a hearing on a $3.4 billion claim of back taxes against the firm.

Published 19 Jun, 2004 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

EU nears solution to row over budget rules

EU leaders inched towards a deal on enforcing fiscal rules on Friday by urging members to achieve a surplus when their economies are booming but making it harder for the executive Commission to impose budget discipline.

Published 19 Jun, 2004 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

Germany and France boost Spanish tourism in May

The number of foreign tourists visiting Spain rose almost five percent in May thanks to a surge in the numbers of German and French visitors, which countered a fall in British holidaymakers.

Published 19 Jun, 2004 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

Donors representatives and diplomats briefed on budget

Finance Minister Shaukat Aziz has said that the real challenge before the government is the distribution of income and wealth evenly in the society and decreasing the divide between various segments of society. He also termed sustaining and accelerating g

Published 19 Jun, 2004 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

Donors representatives and diplomats briefed on budget

Published 19 Jun, 2004 12:00am

London Interbank Offered Rates

London Interbank Offered Rates (LIBOR) on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

Father and son beheaded, two others shot dead in occupied Kashmir

Suspected Mujahideen beheaded a man and his son in occupied Kashmir as well as shooting dead two people and wounding eight others in separate attacks, occupation police said on Friday.

Published 19 Jun, 2004 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

Father and son beheaded, two others shot dead in occupied Kashmir

Suspected Mujahideen beheaded a man and his son in occupied Kashmir as well as shooting dead two people and wounding eight others in separate attacks, occupation police said on Friday.

Published 19 Jun, 2004 12:00am

US treasuries bid prices

US treasuries bid prices on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

Human Rights wing set up

Ministry of Law, Justice and Human rights is co-ordinating with provincial governments and other concerned agencies for protection of human rights by establishing human rights wing in the ministry at the federal level.

Published 19 Jun, 2004 12:00am

US treasuries bid prices

US treasuries bid prices on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

Human Rights wing set up

Published 19 Jun, 2004 12:00am

US treasuries bid prices

US treasuries bid prices on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

Support for Afghan rebuilding to continue: minister

Federal Minister for Water and Power, Kana and Safron, Aftab Ahmed Khan Sherpao on Friday said that Pakistan would continue its assistance to Afghanistan in its reconstruction efforts.

Published 19 Jun, 2004 12:00am

US treasuries bid yields

US treasuries bid yields on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

Parliamentarians meet Musharraf

In continuation of President General Pervez Musharraf's meetings with the Parliamentarians, a delegation of the members of the National Assembly called on him in two separate groups in his Chamber at the Parliament House here on Friday.

Published 19 Jun, 2004 12:00am

US treasuries bid yields

US treasuries bid yields on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

Kasuri leaves for China to attend ACD moot

Foreign Minister Khurshid M. Kasuri who left for china on Friday evening to participate in the Asia Co-operation Dialogue (ACD) in Qingdao, will meet first time his Indian counterpart K Natwar Singh there.

Published 19 Jun, 2004 12:00am

US treasuries bid yields

US treasuries bid yields on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

Call for evolving uniform SME definition

The Working Committee of the SME Task Force has called for evolving a uniform SME definition so that a comprehensive policy could be chalked out.

Published 19 Jun, 2004 12:00am

Treasury-Bills Secondary Market Yields

Treasury bills secondary market yields rate on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

Call for evolving uniform SME definition

The Working Committee of the SME Task Force has called for evolving a uniform SME definition so that a comprehensive policy could be chalked out.

Published 19 Jun, 2004 12:00am

Treasury-Bills Secondary Market Yields

Treasury bills secondary market yields rate on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

Smeda to upgrade LESC

The Small and Medium Enterprise Development Authority (Smeda) is going to upgrade the Light Engineering Service Center (LESC) of the Technical Education and Vocational Training Authority (Tevta) in Gujranwala at a cost of Rs 2.45 million, enabling it work

Published 19 Jun, 2004 12:00am

Treasury-Bills Secondary Market Yields

Treasury bills secondary market yields rate on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

Smeda to upgrade LESC

Published 19 Jun, 2004 12:00am

Pakistan Investment Bond: Secondary Market Yields

PIB secondary market yield rates on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

Pakistani team in New Delhi for nuclear talks

A high-level Pakistan delegation arrived here in Friday to hold expert-level talks with their Indian counterparts on Nuclear Confidence Building Measures (CBMs) saying, "we have come here with positive spirit and look forward to result-oriented parleys".

Published 19 Jun, 2004 12:00am

Pakistan Investment Bond: Secondary Market Yields

PIB secondary market yield rates on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

Pakistani team in New Delhi for nuclear talks

Published 19 Jun, 2004 12:00am

Pakistan Investment Bond: Secondary Market Yields

PIB secondary market yield rates on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

Illegal Pakistani immigrants held in Greece

More than 40 illegal immigrants were rushed to a Greek hospital on Friday for a medical check-up after their bus caught fire, police said.

Published 19 Jun, 2004 12:00am

NJLI Mutual Fund Rates

New Jubilee Life Insurance Mutual Fund Rates on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

Illegal Pakistani immigrants held in Greece

More than 40 illegal immigrants were rushed to a Greek hospital on Friday for a medical check-up after their bus caught fire, police said.

Published 19 Jun, 2004 12:00am

NJLI Mutual Fund Rates

New Jubilee Life Insurance Mutual Fund Rates on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

Riba case: Qazi approaches FSC

Amir Jamaat-i-Islami Qazi Hussain Ahmed has approached the Federal Shariat Court praying to it to fix next date of hearing of a case pertaining to Riba.

Published 19 Jun, 2004 12:00am

NJLI Mutual Fund Rates

New Jubilee Life Insurance Mutual Fund Rates on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

Riba case: Qazi approaches FSC

Amir Jamaat-i-Islami Qazi Hussain Ahmed has approached the Federal Shariat Court praying to it to fix next date of hearing of a case pertaining to Riba.

Published 19 Jun, 2004 12:00am

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

Jamali reviews law and order situation

Prime Minister Mir Zafarullah Khan Jamali on Friday said that the government was according top priority to security and maintenance of law and order in the country.

Published 19 Jun, 2004 12:00am

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

Jamali reviews law and order situation

Prime Minister Mir Zafarullah Khan Jamali on Friday said that the government was according top priority to security and maintenance of law and order in the country.

Published 19 Jun, 2004 12:00am

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

EU leaders adopt constitution

European Union leaders agreed Friday to adopt a first-ever constitution, setting the stage for wholesale reform of the expanding bloc's institutions, diplomats said.

Published 19 Jun, 2004 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

EU leaders adopt constitution

European Union leaders agreed Friday to adopt a first-ever constitution, setting the stage for wholesale reform of the expanding bloc's institutions, diplomats said.

Published 19 Jun, 2004 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

Safwan and Ghauri call on Jamali

Federal Minister for Housing and Works, Syed Safwanullah and Federal Minister for Communications, Babar Khan Ghauri jointly called on Prime Minister Mir Zafarullah Khan Jamali at Prime Minister's Secretariat here on Friday.

Published 19 Jun, 2004 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

Wasti meets Jamali

Pakistan Muslim League leader Syed Kabir Ali Wasti called on Prime Minister Mir Zafarullah Khan Jamali here on Friday evening and discussed latest political situation in the country.

Published 19 Jun, 2004 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

Azad Kashmir budget on June 22

A tax free budget for fiscal year 2004-5 with a total outlay of Rs 15 billion will be presented in AJK legislative Assembly on Tuesday (June 22).

Published 19 Jun, 2004 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

Top 10 travel agents honoured by British Airways

The British Airways has honoured top 10 travel agents for promotion of their sales since the resumption of its direct flight to Islamabad in December last year.

Published 19 Jun, 2004 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

US to appeal WTO ruling on cotton supports

The United States will appeal a World Trade Organisation ruling declaring American cotton subsidies illegal, US Trade Representative spokeswoman Neena Moorjani said on Friday.

Published 19 Jun, 2004 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

World Refugee Day observed

Afghan and other refugee communities in Pakistan commemorated the fourth World Refugee Day on Friday.

Published 19 Jun, 2004 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

Wapda chief takes note of inflated billing

The Chairman Wapda, Tariq Hameed has taken notice of some complaints of excess or bogus billing and warned the staff to refrain from such malpractices otherwise disciplinary action would be taken against them.

Published 19 Jun, 2004 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

Saudi forces kill three militants

Saudi security forces killed three suspected militants in the Saudi capital Riyadh on Friday, Saudi-owned Al Arabiya television said.

Published 19 Jun, 2004 12:00am

Foreign Exchange Bearer Certificates

The prevailing rate of Foreign Exchange Bearer Certificates on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

Firm outlook seen for dollar in interbank

The dollar may cross an important mark of Rs 58 in the near future as it touched 15-month high at Rs 57.96 on Friday.

Published 19 Jun, 2004 12:00am

Foreign Exchange Bearer Certificates

The prevailing rate of Foreign Exchange Bearer Certificates on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

Firm outlook seen for dollar in interbank

The dollar may cross an important mark of Rs 58 in the near future as it touched 15-month high at Rs 57.96 on Friday.

Published 19 Jun, 2004 12:00am

Foreign Exchange Bearer Certificates

The prevailing rate of Foreign Exchange Bearer Certificates on Friday (June 18, 2004).

Published 19 Jun, 2004 12:00am

Cigarette makers under Karachi LTU facilitated

To facilitate the cigarette manufacturers operating under Large Taxpayer Unit (LTU), Karachi, the government has withdrawn the powers of excise officers to supervise the transportation of non-duty paid tobacco from the factory gate to warehouse.

Published 19 Jun, 2004 12:00am

United Money-Market Fund

The Unit Prices for June 19, 2004.

Published 19 Jun, 2004 12:00am

Cigarette makers under Karachi LTU facilitated

Published 19 Jun, 2004 12:00am

United Money-Market Fund

The Unit Prices for June 19, 2004.

Published 19 Jun, 2004 12:00am

Cigarette makers under Karachi LTU facilitated

Published 19 Jun, 2004 12:00am

United Money-Market Fund

The Unit Prices for June 19, 2004.

Published 19 Jun, 2004 12:00am

Chief ministers meeting to discuss water issue in July

An important meeting of the chief ministers of all the provinces will be held here in Islamabad in the first week of July to discuss and evolve consensus on the issue of construction of new dams so that the construction on these projects could be started

Published 19 Jun, 2004 12:00am

Open End Mutual Funds (Unit Trusts)

The open end mutual funds.

Published 19 Jun, 2004 12:00am

Chief ministers meeting to discuss water issue in July

Published 19 Jun, 2004 12:00am

Open End Mutual Funds (Unit Trusts)

The open end mutual funds.

Published 19 Jun, 2004 12:00am

Protest against non-supply of water

It is not terrorism but not less serious than it. Water crisis in Karachi has been a constant problem but the growing incidents of 'power riots' in the city might turn the protests for water into riots.

Published 19 Jun, 2004 12:00am

The Weather

The weather report on Friday (June 18) and the forecast for Saturday (June 19, 2004).

Published 19 Jun, 2004 12:00am

Surgical goods industry not developing

The growth of surgical instruments industry in Pakistan is reported to be stagnant at around 8.9 percent despite investment of around Rs 2 billion during the last couple of years.

Published 19 Jun, 2004 12:00am

CURRENT TOPICS: Musharraf at crossroads

Musharraf is essentially a soldier. But now he is aiming at becoming a scholar and a statesman. Circumstances perhaps not of his own choosing turned him into a politician - not a very successful one, going by the record. Notwithstanding his military backg

Published 19 Jun, 2004 12:00am

Sindh chief minister warns against water theft

Sindh Chief Minister Arbab Ghulam Rahim has said that water theft in any form would not be tolerated and those found guilty would be brought to book irrespective of their land holding or socio-political status.

Published 19 Jun, 2004 12:00am

All in a day's work! - Better investment opportunities!

What's up?

Published 19 Jun, 2004 12:00am

Information and images

The new Managing Director of Pakistan Television Corporation Arshad Khan seems to be a man of vision and is reputed to know the art of converting a loss making organization into a profit making one. But this time he has a different kind of company and a d

Published 19 Jun, 2004 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 11	280.53
USD PKR Interbank Buying / Apr 11	280.28
USD to Japanese Yen / Apr 11	143.54
USD to Swiss Franc / Apr 11	0.81
Pound Sterling to USD / Apr 11	1.31
Euro to USD / Apr 11	1.14
UK LIBOR % / Apr 11	4.96

Stock	Volume
S&P 500 / Apr 11	5,363.36
India Sensex / Apr 11	75,157.26
Tokyo Nikkei / Apr 11	33,585.58
Nasdaq / Apr 11	16,724.46
Hang Seng / Apr 11	20,914.69
FTSE 100 / Apr 11	7,964.18
Dow Jones / Apr 11	40,212.71
Germany DAX 30 / Apr 11	20,374.10
France CAC40 / Apr 11	7,104.80

Item	Value
Crude Oil USD/Barrel / Apr 11	61.50
Karachi Cotton PKR/37.32 KG / Apr 11	16,785
Gold 10 Grams PKR / Apr 11	290,466
Gold Spot USD/Ounce / Apr 11	3,237.61
Cotton US¢/pound / Apr 11	67.01
Petrol/Litre / Apr 12	254.63
Diesel/Litre / Apr 12	258.64

Gainers
Losers
Leaders

Stock	Price
Pak Agro Pack. (GEM) / Apr 11 Pak Agro Packaging Limited (GEM)(GEMPAPL)	8.85 ▲ 1 (12.74%)
Ruby Textile / Apr 11 Ruby Textile Mills Limited(RUBY)	7 ▲ 0.7 (11.11%)
Bawany Air Products / Apr 11 Bawany Air Products Limited(BAPL)	28.91 ▲ 2.63 (10.01%)
Calcorp Ltd / Apr 11 Calcorp Limited(CASH)	37.24 ▲ 3.39 (10.01%)
PIA Holding Co.B / Apr 11 PIA Holding Company Limited B(PIAHCLB)	1,329.45 ▲ 120.86 (10%)
ZIL Limited / Apr 11 ZIL Limited(ZIL)	295.72 ▲ 26.88 (10%)
Jubile Life InsXD / Apr 11 Jubilee Life Insurance Company Limited(JLICL)	152.56 ▲ 13.87 (10%)
Diamond Ind. / Apr 11 Diamond Industries Limited(DIIL)	35.20 ▲ 3.2 (10%)
Parmount Sp. / Apr 11 Paramount Spinning Mills Limited(PASM)	4.18 ▲ 0.38 (10%)
Hoechst Pak. / Apr 11 Hoechst Pakistan Limited(HPL)	3,519 ▲ 319 (9.97%)

Stock	Price
Oilboy Energy(R) / Apr 11 Oilboy Energy Limited(R)(OBOYR2)	1.84 ▼ -0.41 (-18.22%)
First Elite Cap.Mod / Apr 11 First Elite Capital Modaraba(FECM)	17.53 ▼ -1.95 (-10.01%)
National Silk / Apr 11 The National Silk & Rayon Mills Limited(NSRM)	30.75 ▼ -3.25 (-9.56%)
Universal Ins. / Apr 11 The Universal Insurance Company Limited(UVIC)	9 ▼ -0.85 (-8.63%)
Noon Sugar / Apr 11 Noon Sugar Mills Limited(NONS)	71.10 ▼ -6.61 (-8.51%)
Masood Textile / Apr 11 Masood Textile Mills Limited(MSOT)	52 ▼ -4.8 (-8.45%)
Leather Up Ltd. / Apr 11 Leather Up Limited(LEUL)	26 ▼ -2.29 (-8.09%)
Nimir Resins / Apr 11 Nimir Resins Limited(NRSL)	32.50 ▼ -2.85 (-8.06%)
Chashma / Apr 11 Chashma Sugar Mills Limited(CHAS)	59.02 ▼ -4.97 (-7.77%)
EFU General / Apr 11 EFU General Insurance Limited(EFUG)	116 ▼ -8.45 (-6.79%)

Stock	Volume
Cnergyico PK / Apr 11 Cnergyico PK Limited(CNERGY)	86,573,180 ▼ -0.07
K-Electric Ltd. / Apr 11 K-Electric Limited(KEL)	57,922,646 ▲ 0.02
Sui South Gas / Apr 11 Sui Southern Gas Company Limited(SSGC)	44,734,661 ▲ 0.52
Pak Elektron / Apr 11 Pak Elektron Limited(PAEL)	40,461,763 ▲ 2.13
Pak Int.Bulk / Apr 11 Pakistan International Bulk Terminal(PIBTL)	37,973,873 ▼ -0.34
B.O.Punjab / Apr 11 The Bank of Punjab(BOP)	33,069,655 ▲ 0.54
Citi Pharma Ltd / Apr 11 Citi Pharma Limited(CPHL)	25,314,966 ▲ 2.71
Maple Leaf Cement / Apr 11 Maple Leaf Cement Factory Limited(MLCF)	21,075,820 ▲ 0.24
Fauji Cement / Apr 11 Fauji Cement Company Limited(FCCL)	19,242,425 ▼ -0.65
WorldCall Telecom / Apr 11 Worldcall Telecom Limited(WTL)	16,890,477 ▼ -0.01

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