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Apr 27, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2004-07-22
Bangladeshi taka eases on import needs

Bangladeshi taka eases on import needs

The Bangladeshi taka eased against the US currency for a third straight session on Wednesday after banks bought dollars to cover imports of fuel oil and industrial raw materials, dealers said.
Published 22 Jul, 2004 12:00am
Malaysian shares soar on Greenspan's sentiment

Malaysian shares soar on Greenspan's sentiment

Malaysian shares finished slightly up on Wednesday, with sentiment boosted by Federal Reserve Chairman Alan Greenspan's upbeat comments about the economy.
Published 22 Jul, 2004 12:00am
Nikkei jumps 1.5 percent after tech stocks rebound

Nikkei jumps 1.5 percent after tech stocks rebound

Tokyo's Nikkei average closed a slow trading day up 1.5 percent on Wednesday after a jump in US stocks encouraged investors to buy back techs including Hoya Corp, reversing the previous day's falls.
Published 22 Jul, 2004 12:00am
US Treasury prices drop

US Treasury prices drop

US Treasuries prices slid on Tuesday as traders interpreted Fed Chairman Alan Greenspan's optimism on the economy as a signal that the central bank could raise interest rates more quickly than anticipated.
Published 22 Jul, 2004 12:00am
US Treasury prices drop

US Treasury prices drop

US Treasuries prices slid on Tuesday as traders interpreted Fed Chairman Alan Greenspan's optimism on the economy as a signal that the central bank could raise interest rates more quickly than anticipated.
Published 22 Jul, 2004 12:00am
Indian stocks rally on trading tax revision

Indian stocks rally on trading tax revision

Indian shares rallied to a near-two-month closing high on Wednesday as investors cheered the government's decision to scale back a controversial tax that had dogged trade since July 8, when the federal budget was presented.
Published 22 Jul, 2004 12:00am
Singapore shares finish with slight gains

Singapore shares finish with slight gains

Singapore blue chips were up 0.42 percent at the close on Wednesday, buoyed by a rebound in recently battered technology stocks such as Chartered Semiconductor Manufacturing.
Published 22 Jul, 2004 12:00am
Jakarta stocks at two-week high

Jakarta stocks at two-week high

Jakarta stocks ended at a two-week high on Wednesday, inspired by gains in regional bourses, but the outlook was overshadowed by domestic political uncertainty due to a long election process.
Published 22 Jul, 2004 12:00am
US stocks surge after Greenspan's upbeat remarks

US stocks surge after Greenspan's upbeat remarks

US stocks climbed on Tuesday, bolstered by strong results from companies like Corning Inc and moderately upbeat comments from US Federal Reserve Chairman Alan Greenspan.
Published 22 Jul, 2004 12:00am
Hong Kong stocks rally over two percent

Hong Kong stocks rally over two percent

Hong Kong stocks gained over two percent in active trade on Wednesday spurred by market soothing comments from Fed chief Chairman Alan Greenspan and solid earnings from top US technology companies.
Published 22 Jul, 2004 12:00am
Philippines stocks led by PLDT

Philippines stocks led by PLDT

Philippines stocks finished higher for the first time in three days on Wednesday as investors bought selected blue chips, including telecoms sector leader Philippine Long Distance Telephone Co (PLDT).
Published 22 Jul, 2004 12:00am
Taiwan stocks close firmer

Taiwan stocks close firmer

Taiwan stocks closed up 1.57 percent on Wednesday, with tech heavyweights like UMC leading a rebound from a near one-year low after Federal Reserve Chairman Alan Greenspan said US economic growth remains solid.
Published 22 Jul, 2004 12:00am
Thai stocks rise on energy and telecoms

Thai stocks rise on energy and telecoms

Thai stocks rose 1.59 percent on Wednesday as concerns about the directions of domestic and US interest rates eased and stronger markets overseas boosted buying in energy and telecommunications stocks, analysts said.
Published 22 Jul, 2004 12:00am
Sri Lankan stocks climb on hopes of peace

Sri Lankan stocks climb on hopes of peace

Sri Lankan stocks ended higher on Wednesday after the head of the government's peace secretariat met his Tamil rebel counterpart, prompting hopes for a restart to the stalled peace process, brokers said.
Published 22 Jul, 2004 12:00am
Grassroots level monitoring of service providers stressed

Grassroots level monitoring of service providers stressed

There was a need to devolve responsibility of monitoring service providers such as education, health, water and sanitation, to the people, in fact beyond the district level, so as the people could themselves monitor the quality of services and conduct acc
Published 22 Jul, 2004 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.
Published 22 Jul, 2004 12:00am
Pakistan and US hold nuclear safety talks

Pakistan and US hold nuclear safety talks

Pakistani and US officials have met for the first time to discuss the safety of Pakistan's civilian nuclear reactor programme, a US official said on Tuesday.
Published 22 Jul, 2004 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.
Published 22 Jul, 2004 12:00am
Nine killed in occupied Kashmir

Nine killed in occupied Kashmir

Suspected Mujahideen gunned down four policemen in occupied Kashmir when they were investigating a crime in a remote area, while five other people died in separate incidents, occupation police said on Wednesday.
Published 22 Jul, 2004 12:00am
Presentation

Presentation

Presentation at KSE auditorium (only for members and an authorised employee of the members).
Published 22 Jul, 2004 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Wednesday (July 21, 2004).
Published 22 Jul, 2004 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

What a paradox? The Political Parties Order (Amendment) Bill 2004 has been passed by the Senate also. What, however, intrigues one is not its adoption with retrospective effect but its application in future.
Published 22 Jul, 2004 12:00am
Senate passes bill to amend PPO 2002

Senate passes bill to amend PPO 2002

The Senate on Wednesday passed the bill to amend Political Parties Order 2002 amid opposition's walkout when the bill was put for second and third readings.
Published 22 Jul, 2004 12:00am
Five dams under construction, Senate told

Five dams under construction, Senate told

As many as five dams are under construction in the country at an estimated cost of Rs 84,434 million. The live storage of these reservoirs will be 4.01 MAF.
Published 22 Jul, 2004 12:00am
THE RUPEE: further slide seen in interbank rates

THE RUPEE: further slide seen in interbank rates

More erosion was expected in the interbank market in the coming days as the rupee on Wednesday failed to resist further slide versus dollar at Rs 58.25 and Rs 58.27 for buying and selling, respectively, analysts said.
Published 22 Jul, 2004 12:00am
Saarc Award for late President Zia of Bangladesh

Saarc Award for late President Zia of Bangladesh

The concluding session of the Council of Ministers of South Asian Association for Regional Co-operation (Saarc) has decided to give a posthumous Saarc award to the late Bangladesh President, Zia-ur-Rahman.
Published 22 Jul, 2004 12:00am
THE RUPEE: further slide seen in interbank rates

THE RUPEE: further slide seen in interbank rates

More erosion was expected in the interbank market in the coming days as the rupee on Wednesday failed to resist further slide versus dollar at Rs 58.25 and Rs 58.27 for buying and selling, respectively, analysts said.
Published 22 Jul, 2004 12:00am
Three held in highway robbery case

Three held in highway robbery case

Three out a gang of five highway men, who allegedly looted passengers of several vehicles on Gharo to Mirpursakro Road early on Tuesday morning, arrested.
Published 22 Jul, 2004 12:00am
'PML government policies aim at progress'

'PML government policies aim at progress'

Minister Health Punjab, Dr Tahir Ali Javed has said that implementation of public welfare programmes are top priority of government of Pakistan as well as in line with the policies of Muslim League (PML).
Published 22 Jul, 2004 12:00am
Masoor crop in irrigated area profitable

Masoor crop in irrigated area profitable

The cultivation of the Masoor (lentil) crop in irrigated areas will be profitable as all necessary input requirements are readily available in these areas with 15 to 16 maund yield is likely per acre.
Published 22 Jul, 2004 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (July 21, 2004).
Published 22 Jul, 2004 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (July 21, 2004).
Published 22 Jul, 2004 12:00am
Shaukat has support of Nazims of NA-59: PML

Shaukat has support of Nazims of NA-59: PML

District Nazim Attock, Major Tahir Sadiq (Retd) on Wednesday said PML candidate Shaukat Aziz has full support of all Nazims and Naib-Nazims of NA-59 constituency and announced that he would win the bye-elections with a big majority.
Published 22 Jul, 2004 12:00am
Chinese team visits HMC

Chinese team visits HMC

A delegation of journalists, writers and intellectuals from China visited Heavy Mechanical Complex (HMC), Taxila on Wednesday. According to statement issued here from HMC, the 13-member delegation, led by Ms Li Biefen, were welcomed by General Manager HMC
Published 22 Jul, 2004 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (July 21, 2004).
Published 22 Jul, 2004 12:00am
'People being motivated to pay taxes voluntarily'

'People being motivated to pay taxes voluntarily'

Facilitation and Tax Education member of the Central Board of Revenue (CBR) Habib Fakhar-ud-Din has said that adequate efforts are being made for promoting tax culture and to introduce simplified tax procedure in the country.
Published 22 Jul, 2004 12:00am
Pervaiz for promotion of Punjabi language, culture

Pervaiz for promotion of Punjabi language, culture

Punjab Chief Minister Chaudhry Pervaiz Elahi has said that Punjab Institute of Language, Art and Culture will play an active role in the promotion of Punjabi language and culture.
Published 22 Jul, 2004 12:00am
Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates in rupees prevailing on the commodity markets in Karachi on Wednesday (July 21, 2004).
Published 22 Jul, 2004 12:00am
Disputed textile mills sealed

Disputed textile mills sealed

The private-sector disputed Hafeez Textile Mills Mirpur Azad Kashmir, the victim of much-prolonged rift between two rival business groups claiming their respective ownership of the mills, was sealed on Wednesday for an indefinite period, official sources
Published 22 Jul, 2004 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company (Formerly Commercial Union Life Assurance Company (Pakistan) Ltd) has announced the offer and bid price per unit for the following funds effective from Thursday, July 22, 2004.
Published 22 Jul, 2004 12:00am
Two outlaws killed in encounter

Two outlaws killed in encounter

Two allegedly notorious lawbreakers involved in a number of heinous crimes were gunned down by Police in the forest area of Taluka Matiari, here on Tuesday evening.
Published 22 Jul, 2004 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company (Formerly Commercial Union Life Assurance Company (Pakistan) Ltd) has announced the offer and bid price per unit for the following funds effective from Thursday, July 22, 2004.
Published 22 Jul, 2004 12:00am
Zaki in Tehran to represent PML at Mosharekat moot

Zaki in Tehran to represent PML at Mosharekat moot

Akram Zaki, senior vice-president, Pakistan Muslim League (PML), was warmly received by Dr Mohammad Reza Khatami, secretary-general, Participation Front of Islamic Iran (PFII), popularly known as Mosharekat in Tehran, when he arrived here for a three-day
Published 22 Jul, 2004 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company (Formerly Commercial Union Life Assurance Company (Pakistan) Ltd) has announced the offer and bid price per unit for the following funds effective from Thursday, July 22, 2004.
Published 22 Jul, 2004 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Wednesday (July 21) and rates for Thursday (July,22 2004).
Published 22 Jul, 2004 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (July 21, 2004).
Published 22 Jul, 2004 12:00am
Projects being carried out for uplift of Badin: minister

Projects being carried out for uplift of Badin: minister

The government is taking keen interest in alleviation of hardship of people by carrying out welfare and development projects in Badin District. Provincial Minister for Population Welfare Department (PWD) Syed Ali Bux Shah alias Papu Shah has said this whi
Published 22 Jul, 2004 12:00am
Free textbooks distributed

Free textbooks distributed

District Co-ordination Officer (DCO) Larkana Dr Badaruddin Ujjan distributed free textbooks on Wednesday among the students of Government P. V. Primary School, here.
Published 22 Jul, 2004 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Wednesday (July 21, 2004)
Published 22 Jul, 2004 12:00am
FOREIGN TRADE INQUIRIES

FOREIGN TRADE INQUIRIES

Export Promotion Bureau has received the following Trade Enquiries from abroad. Interested Pakistani parties dealing in the under mentioned items can obtain further details from the addresses given or from EPB Head Quarters and its Regional/Sub-Regional O
Published 22 Jul, 2004 12:00am
INTERNATIONAL TENDERS

INTERNATIONAL TENDERS

Export Promotion Bureau has received the following International Tenders from abroad. Interested Pakistani parties dealing in the under mentioned items can obtain further details of Tenders from the addresses given or from EPB Head Quarters and its Region
Published 22 Jul, 2004 12:00am
Key stock market movements at 1700 GMT on July 21

Key stock market movements at 1700 GMT on July 21

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 22 Jul, 2004 12:00am
New York cotton

New York cotton

Wednesday's closing prices of New York cotton in US cents/lb.
Published 22 Jul, 2004 12:00am
New York cotton

New York cotton

Wednesday's closing prices of New York cotton in US cents/lb.
Published 22 Jul, 2004 12:00am
Mozambique trade team likely to visit Pakistan in August

Mozambique trade team likely to visit Pakistan in August

A three-member businessmen delegation from Mozambique is likely to visit Pakistan in the third or fourth week of August, according to a message received here from Pakistan's High Commissioner.
Published 22 Jul, 2004 12:00am
The Weather

The Weather

The weather report on Wednesday (July 21) and the forecast for Thursday (July 22, 2004).
Published 22 Jul, 2004 12:00am
PPL subscription closes on July 22

PPL subscription closes on July 22

The Initial Public Offering (IPO) of Pakistan Petroleum Limited (PPL) shares, which was opened on July 19, will enter its fourth and final day on Thursday (July 22) during the banking hours.
Published 22 Jul, 2004 12:00am
Fuad Hashimi joins NIT

Fuad Hashimi joins NIT

Fuad Azim Hashimi has joined National Investment Trust (NIT) as head of Finance and Information Technology Department. Hashmi, FCA, carries with him vast experience to his credit. He started his career in 1964 from Price Waterhouse & Co, now Price Waterho
Published 22 Jul, 2004 12:00am
Fuad Hashimi joins NIT

Fuad Hashimi joins NIT

Fuad Azim Hashimi has joined National Investment Trust (NIT) as head of Finance and Information Technology Department. Hashmi, FCA, carries with him vast experience to his credit. He started his career in 1964 from Price Waterhouse & Co, now Price Waterho
Published 22 Jul, 2004 12:00am
Two CDA officials get 7-year rigorous imprisonment for fraud

Two CDA officials get 7-year rigorous imprisonment for fraud

The Accountability Court has awarded seven-year rigorous imprisonment (RI) and Rs 10 million fine each on former Director and Deputy Director of the Capital Development Authority (CDA) in a plot fraud case reference.
Published 22 Jul, 2004 12:00am
Raheela meets Chaudhry Amir

Raheela meets Chaudhry Amir

Sindh Assembly Deputy Speaker Raheela Tiwana called on National Assembly Speaker Chaudhry Amir Hussain at the Parliament House here on Wednesday.
Published 22 Jul, 2004 12:00am
DHL unleashes campaign in Asia Pacific region

DHL unleashes campaign in Asia Pacific region

The world's leading express and logistics company, DHL announced on Wednesday that it has unleashed a marketing campaign that would run in the Asia Pacific aimed at reinforcing the company's leadership position in the region.
Published 22 Jul, 2004 12:00am
Chishti becomes PBC vice-chairman

Chishti becomes PBC vice-chairman

Masood Chishti has become vice-chairman of Punjab Bar Council (PBC) after resignation of Pervez Inayat Malik.
Published 22 Jul, 2004 12:00am
Civil judge transferred

Civil judge transferred

The Chief Justice of the Lahore High Court has transferred civil judge Shaukat Ali Khan and posted him Officer on Special Duty, LHC.
Published 22 Jul, 2004 12:00am
Wapda executing 157 schemes worth Rs 5,264 million

Wapda executing 157 schemes worth Rs 5,264 million

Wapda is executing as many as 157 development schemes worth Rs 5,264 million in its all eight distribution companies through National Transmission and Despatch Company under 5th Secondary Transmission Grid (STG) Project, aimed at ensuring smooth and stabl
Published 22 Jul, 2004 12:00am
RCCI demands suspension of SRO 605

RCCI demands suspension of SRO 605

Rawalpindi Chamber of Commerce and Industry (RCCI) President Hussain Ahmed Ozgen has demanded immediate suspension of SRO No 605(1) 2004 issued by the Central Board of Revenue (CBR), reducing the duty drawback rates on various textile products by over 50
Published 22 Jul, 2004 12:00am
KPT urged to enhance period for clearance of goods

KPT urged to enhance period for clearance of goods

President Lahore Chamber of Commerce & Industry (LCCI), Mian Anjum Nisar has urged the Chairman KPT, Vice-Admiral Ahmad Hayyat, to restore the facility of getting imported items cleared in 14 days so as to save importers from hardships.
Published 22 Jul, 2004 12:00am
APTUF to observe protest day on July 28

APTUF to observe protest day on July 28

All Pakistan Trade Union Federation (APTUF) has announced to observe "Protest Day" on July 28, 2004, to condemn the growing price hike.
Published 22 Jul, 2004 12:00am
'Government has failed to maintain law and order'

'Government has failed to maintain law and order'

President People's Lawyers Forum Tanvir Hashmi has moved a resolution before the Lahore High Court Bar Association demanding immediate arrest of the culprits of PPPP leader Munawar Suharwardi.
Published 22 Jul, 2004 12:00am
Sterling sheds 1-1/2-cents

Sterling sheds 1-1/2-cents

The pound dropped by 1-1/2 US cents to two-week lows on Wednesday after comments from US Fed chief Alan Greenspan gave an upbeat assessment of the US economy and reinforced expectations of higher interest rates.
Published 22 Jul, 2004 12:00am
Berger steps aside as Kerry adviser

Berger steps aside as Kerry adviser

Former national security adviser Samuel Berger, under investigation for removing classified documents from the National Archives, stepped aside on Tuesday as an informal adviser to Democratic presidential candidate John Kerry.
Published 22 Jul, 2004 12:00am
Indian 'wanted' coal minister missing

Indian 'wanted' coal minister missing

Police scoured the Indian capital Delhi Wednesday to arrest the national coal minister for his alleged involvement in a 1975 massacre, as bedlam erupted in parliament over the missing politician.
Published 22 Jul, 2004 12:00am
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