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Print - 2004-07-20
Key stock market movements at 1700 GMT on July 19

Key stock market movements at 1700 GMT on July 19

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 20 Jul, 2004 12:00am
Park Road likely to be declared as VVIP route

Park Road likely to be declared as VVIP route

The Capital Development Authority (CDA) is likely to declare the Park Road as VVIP route after linking it with Islamabad International Airport and Rawalpindi Cantonment via Islamabad Highway, a source in the CDA told Business Recorder here on Monda
Published 20 Jul, 2004 12:00am
LME official prices

LME official prices

The following were Friday official prices.
Published 20 Jul, 2004 12:00am
National Assembly condemns bid on Sherani's life

National Assembly condemns bid on Sherani's life

The National Assembly has condemned the life attack on Muttahida Majlis-i-Amal (MMA) Parliamentarian Maulana Muhammad Khan Sherani, which he narrowly escaped on Sunday while travelling to Qillah Saifullah, some 160 kilometers from Quetta.
Published 20 Jul, 2004 12:00am
LME official prices

LME official prices

The following were Friday official prices.
Published 20 Jul, 2004 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

Working overtime the National Assembly on Monday passed the bill that allows the political leaders to hold concurrently the party and government offices.
Published 20 Jul, 2004 12:00am
Pakistan proposes Saarc energy ministers' moot

Pakistan proposes Saarc energy ministers' moot

An important proposal on the agenda of foreign ministers of South Asian Association for Regional Cooperation (Saarc) opening here on Tuesday will be for the meeting of their energy ministers and to examine the recommendations of a working group.
Published 20 Jul, 2004 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (July 19, 2004).
Published 20 Jul, 2004 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Monday (July 19) and rates for Tuesday (July 20, 2004).
Published 20 Jul, 2004 12:00am
Three resolutions presented in Senate

Three resolutions presented in Senate

The Senate on Monday entertained opposition's resolutions on lifting ban on trade unions, launching separate TV channel for airing Islamic education programmes and immediate commencing of work on Lak Pass road and tunnel in Balochistan.
Published 20 Jul, 2004 12:00am
OGDC board opposes out of court settlement of Petrosin disputes

OGDC board opposes out of court settlement of Petrosin disputes

The Oil and Gas Development Company Limited (OGDC) board of directors' meeting took stock of Petrosin Corporation (Pvt) Limited wrongdoings, and majority of the participants opposed out of court settlement of disputes with it.
Published 20 Jul, 2004 12:00am
Operation against miscreants continuing: ISPR

Operation against miscreants continuing: ISPR

The action which commenced early morning of July 18 on the request of the locals of Miami tribe of Santoi and Malik Shah tribe of Mantoi valley is still continuing and most of the heights around these valleys have been secured by the security forces with
Published 20 Jul, 2004 12:00am
Judges role in society highlighted

Judges role in society highlighted

Judges must remember that just decision of a matter is not enough and their conduct must be such as which would inspire confidence of litigant public.
Published 20 Jul, 2004 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (July 19, 2004).
Published 20 Jul, 2004 12:00am
Citibank announces Rs 1.74 billion loan facility to Mobilink

Citibank announces Rs 1.74 billion loan facility to Mobilink

Citibank N.A. Pakistan on Monday announced a Rs 1.74 billion seven-year term loan facility to Mobilink. This facility is structured under a risk-sharing agreement between Citigroup and the Overseas Private Investment Corporation (OPIC), a US government de
Published 20 Jul, 2004 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (July 19, 2004).
Published 20 Jul, 2004 12:00am
Citibank announces Rs 1.74 billion loan facility to Mobilink

Citibank announces Rs 1.74 billion loan facility to Mobilink

Citibank N.A. Pakistan on Monday announced a Rs 1.74 billion seven-year term loan facility to Mobilink. This facility is structured under a risk-sharing agreement between Citigroup and the Overseas Private Investment Corporation (OPIC), a US government de
Published 20 Jul, 2004 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (July 19, 2004).
Published 20 Jul, 2004 12:00am
Encroachers warned to refrain from land grabbing

Encroachers warned to refrain from land grabbing

The Governor Sindh Dr Ishratul Ibad Khan has once again warned the encroachers to stay away from their criminal activities and refrain from land grabbing in the city, especially cottage industry plots in Landhi, Orangi Town and Baldia Town.
Published 20 Jul, 2004 12:00am
Concern raised over country's poor HDI ranking

Concern raised over country's poor HDI ranking

The Commission for Peace and Human Development has shown its deep concern over the ranking of Pakistan at number 142 out of 177 countries in the Human Development Index-2004, issued by the UN Development Programme.
Published 20 Jul, 2004 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Monday (July 19, 2004).
Published 20 Jul, 2004 12:00am
PPBCL to be converted into micro-finance bank: Ishrat

PPBCL to be converted into micro-finance bank: Ishrat

The Governor, State Bank of Pakistan, Dr Ishrat Husain, has said that the Punjab Provincial Co-operative Bank Limited (PPCBL) is to be converted into Micro-finance Bank in the next six months.
Published 20 Jul, 2004 12:00am
PPBCL to be converted into micro-finance bank: Ishrat

PPBCL to be converted into micro-finance bank: Ishrat

The Governor, State Bank of Pakistan, Dr Ishrat Husain, has said that the Punjab Provincial Co-operative Bank Limited (PPCBL) is to be converted into Micro-finance Bank in the next six months.
Published 20 Jul, 2004 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (July 19, 2004).
Published 20 Jul, 2004 12:00am
Sales tax on imported cotton to be removed: CBR chief

Sales tax on imported cotton to be removed: CBR chief

CBR Chairman Abdullah Yousuf on Monday said that sales tax on imported cotton is an anomaly, which would be soon resolved. Addressing member of Karachi Cotton Association he admitted that sales tax on imported cotton should be removed.
Published 20 Jul, 2004 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (July 19, 2004).
Published 20 Jul, 2004 12:00am
Sales tax on imported cotton to be removed: CBR chief

Sales tax on imported cotton to be removed: CBR chief

CBR Chairman Abdullah Yousuf on Monday said that sales tax on imported cotton is an anomaly, which would be soon resolved. Addressing member of Karachi Cotton Association he admitted that sales tax on imported cotton should be removed.
Published 20 Jul, 2004 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (July 19, 2004).
Published 20 Jul, 2004 12:00am
Sales tax on imported cotton to be removed: CBR chief

Sales tax on imported cotton to be removed: CBR chief

CBR Chairman Abdullah Yousuf on Monday said that sales tax on imported cotton is an anomaly, which would be soon resolved. Addressing member of Karachi Cotton Association he admitted that sales tax on imported cotton should be removed.
Published 20 Jul, 2004 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (July 19, 2004).
Published 20 Jul, 2004 12:00am
US threatens sanctions against Japan

US threatens sanctions against Japan

US President George W. Bush's administration on Monday threatened to impose 143.3 million dollars in trade sanctions against Japan for restricting imports of American apples.
Published 20 Jul, 2004 12:00am
US threatens sanctions against Japan

US threatens sanctions against Japan

US President George W. Bush's administration on Monday threatened to impose 143.3 million dollars in trade sanctions against Japan for restricting imports of American apples.
Published 20 Jul, 2004 12:00am
France seeks explanation from Israel

France seeks explanation from Israel

Israeli Prime Minister Ariel Sharon is not welcome in France until he explains his statement appealing to French Jews to leave the country and move to Israel, a statement from President Jacques Chirac's office said on Monday.
Published 20 Jul, 2004 12:00am
THE RUPEE: dollar stronger in interbank

THE RUPEE: dollar stronger in interbank

By and large, the demand for dollars in the interbank on Monday was strong as the rupee shed one paisa more versus the greenback for buying and selling at Rs 58.24 and Rs 58.26, dealers said.
Published 20 Jul, 2004 12:00am
France seeks explanation from Israel

France seeks explanation from Israel

Israeli Prime Minister Ariel Sharon is not welcome in France until he explains his statement appealing to French Jews to leave the country and move to Israel, a statement from President Jacques Chirac's office said on Monday.
Published 20 Jul, 2004 12:00am
THE RUPEE: dollar stronger in interbank

THE RUPEE: dollar stronger in interbank

By and large, the demand for dollars in the interbank on Monday was strong as the rupee shed one paisa more versus the greenback for buying and selling at Rs 58.24 and Rs 58.26, dealers said.
Published 20 Jul, 2004 12:00am
CNG prices increased by 4 percent in Sindh

CNG prices increased by 4 percent in Sindh

The prices of compressed natural gas (CNG) have been increased to Rs 26 per kilogram by Rs 1.05 per kg, from Rs 24.95 per kg, following increase of 5.6 percent for commercial tariff of natural gas.
Published 20 Jul, 2004 12:00am
CNG prices increased by 4 percent in Sindh

CNG prices increased by 4 percent in Sindh

The prices of compressed natural gas (CNG) have been increased to Rs 26 per kilogram by Rs 1.05 per kg, from Rs 24.95 per kg, following increase of 5.6 percent for commercial tariff of natural gas.
Published 20 Jul, 2004 12:00am
Kabul frees 65 Pakistani prisoners

Kabul frees 65 Pakistani prisoners

The Afghan government freed 65 suspected Pakistani militants on Monday, the latest group to be released after being caught fighting for the Taleban during the US-led war in late 2001.
Published 20 Jul, 2004 12:00am
Kabul frees 65 Pakistani prisoners

Kabul frees 65 Pakistani prisoners

The Afghan government freed 65 suspected Pakistani militants on Monday, the latest group to be released after being caught fighting for the Taleban during the US-led war in late 2001.
Published 20 Jul, 2004 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Monday (July 19, 2004).
Published 20 Jul, 2004 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.
Published 20 Jul, 2004 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Monday (July 19, 2004).
Published 20 Jul, 2004 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (July 19, 2004).
Published 20 Jul, 2004 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.
Published 20 Jul, 2004 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (July 19, 2004).
Published 20 Jul, 2004 12:00am
EAC to finalise industrial policy on July 20

EAC to finalise industrial policy on July 20

A meeting of the Experts Advisory Cell (EAC) of the Ministry of Industries and Production will be held in Islamabad on Tuesday (July 20) to finalise the national industrial policy (NIP).
Published 20 Jul, 2004 12:00am
BoE denies BCCI dishonesty charge

BoE denies BCCI dishonesty charge

Britain's central bank rejected on Monday allegations that staff consciously failed customers of Bank of Credit and Commerce International as it opened its defence in an almost 1-billion-pound ($1.87 billion) lawsuit.
Published 20 Jul, 2004 12:00am
BoE denies BCCI dishonesty charge

BoE denies BCCI dishonesty charge

Britain's central bank rejected on Monday allegations that staff consciously failed customers of Bank of Credit and Commerce International as it opened its defence in an almost 1-billion-pound ($1.87 billion) lawsuit.
Published 20 Jul, 2004 12:00am
Basmati rice output to be raised to 5 million tons

Basmati rice output to be raised to 5 million tons

The production of Basmati and non-basmati rice will increase by 4 percent in the new fiscal year, subject to monsoons, as the area under cultivation has increased following tremendous jump in exports during the preceding year.
Published 20 Jul, 2004 12:00am
Virgin Mobile confirms IPO price cut

Virgin Mobile confirms IPO price cut

Virgin Mobile on Monday blamed tough market conditions as it cut the price of its planned market debut to 200-220 pence per share, valuing the mobile phone group at 500-550 million pounds ($936 million-$1.0 billion).
Published 20 Jul, 2004 12:00am
Rebates on plastic items slashed

Rebates on plastic items slashed

The Central Board of Revenue (CBR) has made drastic reduction in duty drawback rate on the export of several hundred plastic products from July 15, 2004.
Published 20 Jul, 2004 12:00am
Rebates on plastic items slashed

Rebates on plastic items slashed

The Central Board of Revenue (CBR) has made drastic reduction in duty drawback rate on the export of several hundred plastic products from July 15, 2004.
Published 20 Jul, 2004 12:00am
Bahrain issues $106 million 10-year Islamic bonds

Bahrain issues $106 million 10-year Islamic bonds

Bahrain Monetary Agency (BMA), the Gulf Arab state's central bank, said on Monday it placed 40 million dinars ($106 million) in 10-year Islamic bonds called Ijara Sukuk.
Published 20 Jul, 2004 12:00am
Bahrain issues $106 million 10-year Islamic bonds

Bahrain issues $106 million 10-year Islamic bonds

Bahrain Monetary Agency (BMA), the Gulf Arab state's central bank, said on Monday it placed 40 million dinars ($106 million) in 10-year Islamic bonds called Ijara Sukuk.
Published 20 Jul, 2004 12:00am
Japan loses first tussle in whaling talks

Japan loses first tussle in whaling talks

Japan lost the first battle in a war to turn back years of anti-hunting agreements at the International Whaling Commission on Monday when countries rejected its motion to hold votes in secret.
Published 20 Jul, 2004 12:00am
Bayer pays $2.9 billion for Roche consumer drugs unit

Bayer pays $2.9 billion for Roche consumer drugs unit

Bayer AG will buy Roche's over-the-counter (OTC) drugs unit for 2.38 billion euros ($2.94 billion), the German group said on Monday, paying more than expected to boost its healthcare profits.
Published 20 Jul, 2004 12:00am