News Archives for Print - 2004-08-19

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Print - 2004-08-19

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Wednesday (August 18, 2004)

Published 19 Aug, 2004 12:00am

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (August 18, 2004).

Published 19 Aug, 2004 12:00am

Zenith Computers sees 23 percent rise in sales

Zenith Computers Ltd, a leading Indian branded computer maker, expects revenue for the year to March 2005 to increase by about 23 percent, its top executive said on Wednesday.

Published 19 Aug, 2004 12:00am

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (August 18, 2004).

Published 19 Aug, 2004 12:00am

Zenith Computers sees 23 percent rise in sales

Zenith Computers Ltd, a leading Indian branded computer maker, expects revenue for the year to March 2005 to increase by about 23 percent, its top executive said on Wednesday.

Published 19 Aug, 2004 12:00am

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (August 18, 2004).

Published 19 Aug, 2004 12:00am

Turkish lira still much too strong: minister

Turkish foreign trade minister Kursad Tuzmen said on Wednesday the lira currency remained much too strong and was contributing to a growing trade imbalance.

Published 19 Aug, 2004 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Wednesday (August 18, 2004).

Published 19 Aug, 2004 12:00am

Bank of China says Hong Kong scandal involves HK$30 million

State-run Bank of China said on Wednesday a recent funds scandal at its Hong Kong arm involved about HK $30 million (US $3.85 million), and media reported the arrest of three former executives over an earlier embezzlement affair.

Published 19 Aug, 2004 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Wednesday (August 18, 2004).

Published 19 Aug, 2004 12:00am

India may merge state oil firms, no firm move yet

The Indian government will consider merging some state-run energy firms to make them more competitive, but there is no formal proposal yet to restructure the companies, oil minister Mani Shankar Aiyar said on Wednesday.

Published 19 Aug, 2004 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Wednesday (August 18, 2004).

Published 19 Aug, 2004 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (August 18, 2004).

Published 19 Aug, 2004 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Wednesday (August 18, 2004).

Published 19 Aug, 2004 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (August 18, 2004).

Published 19 Aug, 2004 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Wednesday (August 18, 2004).

Published 19 Aug, 2004 12:00am

Raid on Jamia Faridya: MMA calls for countrywide protest on August 20

The six-party religious alliance, Muttahida Majlis-i-Amal (MMA) has strongly condemned the continued siege/search operations at religious seminaries and given a countrywide protest call on Friday.

Published 19 Aug, 2004 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Wednesday (August 18, 2004).

Published 19 Aug, 2004 12:00am

Lack of resources impeding tourism development

Lack of resources is impeding tourism development in Pakistan. This was stated by Muhammad Habib Khan, Managing Director of Pakistan Tourism Development Corporation (PTDC), while talking to Business Recorder here on Wednesday.

Published 19 Aug, 2004 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Wednesday (August 18, 2004)

Published 19 Aug, 2004 12:00am

Provinces pledge efforts to forward rational indents to Irsa

All the provinces have agreed to make concerned efforts to forward rational and minimum possible indents to Irsa, remaining within their water shares, keeping in view the present critical water situation in the reservoirs.

Published 19 Aug, 2004 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Wednesday (August 18, 2004)

Published 19 Aug, 2004 12:00am

Establishment of check-posts on Pak-Afghan border approved

A plan for establishment of joint check posts close to international border in Fata has been approved to effectively curb the menace of smuggling. Under the plan, 17 check posts manned by custom, political administration and Frontier Corps will be establi

Published 19 Aug, 2004 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Wednesday (August 18, 2004)

Published 19 Aug, 2004 12:00am

Regional ties must to counter developed countries hegemony

Regional co-operation and consensus building on policies and participatory approach in South Asian countries are essential to ensure a uniform approach to counter the hegemony of the developed countries, in terms of designing and implementing WTO policies

Published 19 Aug, 2004 12:00am

United Money-Market Fund

The Unit Prices for August 19, 2004.

Published 19 Aug, 2004 12:00am

President inaugurates tree plantation drive

President General Pervez Musharraf inaugurated tree plantation campaign in Pak Army by planting a sapling at the lawns of General Headquarters here Wednesday.

Published 19 Aug, 2004 12:00am

United Money-Market Fund

The Unit Prices for August 19, 2004.

Published 19 Aug, 2004 12:00am

Shujaat to select constituency for Shaukat

Secretary General Pakistan Muslim League (PML) Senator Mushahid Hussein Syed said on Wednesday that if Shaukat Aziz wins elections from both constituencies of Attock and Tharparker districts, then President PML Chaudhry Shujaat Hussain will decide about s

Published 19 Aug, 2004 12:00am

United Money-Market Fund

The Unit Prices for August 19, 2004.

Published 19 Aug, 2004 12:00am

Shaukat Aziz may take new faces in cabinet

Pakistan is passing through another interesting period of its eventful and crisis-ridden history, as a technocrat Prime Minister would form the new government this week.

Published 19 Aug, 2004 12:00am

Open End Mutual Funds (Unit Trusts)

The open end mutual funds.

Published 19 Aug, 2004 12:00am

Business urged to join global rule-based trading system

Federal Minister for Industries and Production Lliaquat Ali Jatoi has asked the business community to understand and become part of emerging global trading regime which advocates a transparent and rule-based trading system.

Published 19 Aug, 2004 12:00am

Open End Mutual Funds (Unit Trusts)

The open end mutual funds.

Published 19 Aug, 2004 12:00am

CDA kicks off anti-encroachment campaign

Capital Development Authority (CDA) has launched a massive anti-encroachment campaign in the federal capital on the directives of interior minister Faisal Saleh Hayat, sources told Business Recorder here on Tuesday.

Published 19 Aug, 2004 12:00am

Open End Mutual Funds (Unit Trusts)

The open end mutual funds.

Published 19 Aug, 2004 12:00am

Humayun and New Zealand minister discuss bilateral trade

The visiting Minister for Foreign Affairs and Trade of New Zealand, Phil Goff, called on Commerce Minister Humayun Akhtar and exchanged views on multilateral, regional and bilateral trade here on Wednesday.

Published 19 Aug, 2004 12:00am

Dates of Closure of Books & Annual General Meetings

Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed on the stock exchanges.

Published 19 Aug, 2004 12:00am

SSGC and SPL WorldGroup sign pact for billing solution

One of the problems that the customers of public sector utilities in the country had always been facing is lack of responsiveness by the utility companies.

Published 19 Aug, 2004 12:00am

Clearing Schedule for T+3 System

Karachi Stock Exchange's Clearing Schedule for T+3 System.

Published 19 Aug, 2004 12:00am

CBR and importer divided over veterinary drug duty

The Central Board of Revenue (CBR) and an importer of a veterinary drug are divided on levy of duty as Appraisement Collectorate, Karachi, has slapped higher than actual custom duty.

Published 19 Aug, 2004 12:00am

Companies under suspension

"Under Suspension" Companies listed on the Karachi Stock Exchange.

Published 19 Aug, 2004 12:00am

Cell set up to counter hype against tax reforms

The Central Board of Revenue (CBR) has set up a 'communication cell' to effectively encounter propaganda against the reform process initiated by the authorities to revamp the tax machinery.

Published 19 Aug, 2004 12:00am

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 19 Aug, 2004 12:00am

PSO buys two oil cargoes from UAE

The Pakistan State Oil (PSO) bought by tender 110,000 tonnes of high-sulphur 180-centistoke fuel oil from the United Arab Emirates' (UAE) Fal Oil at $18.50 a tonne above Middle East spot quotes, industry sources said Wednesday.

Published 19 Aug, 2004 12:00am

Last date of renunciation/payment

Last dates of renunciation/payment.

Published 19 Aug, 2004 12:00am

Industrial areas infrastructure problem to be resolved: minister

Federal Housing and Works Minister Safwanullah has assured the industrialists to use all his energies and channels for resolving infrastructure problems confronting the industrial estates of Karachi.

Published 19 Aug, 2004 12:00am

Shares buy-back schedule

Shares buy-back schedule of listed companies on Wednesday (August 18, 2004).

Published 19 Aug, 2004 12:00am

Bidding for WLL licences in 12 regions completed

With the auction of wireless local loop (WLL) spectrum for Southern Telecom Region-I (STR-I) and Western Telecom Region (WTR), held here on Wednesday, Pakistan Telecommunication Authority (PTA) has completed the process of bidding for 12 out of 14 regions

Published 19 Aug, 2004 12:00am

Dividend/Bonus Announcements

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

Published 19 Aug, 2004 12:00am

SITB (Amendment) Bill passed in Sindh Assembly

The Sindh Assembly session scheduled to begin at 9:30 am began at about 12 noon and passed Sindh Information Technology Board (Amendment) Bill before Speaker Syed Muzaffar Hussain Shah adjourned it to meet again on Friday at 9:30 am.

Published 19 Aug, 2004 12:00am

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 19 Aug, 2004 12:00am

Pakistan and Sri Lanka can promote ties under FTA

Early implementation of Free Trade Agreement (FTA) will promote bilateral trade between Pakistan and Sri Lanka. This was stated by Consul General of Sri Lanka Ms Manel d'Silva in a meeting with President Federation of Pakistan Chambers of Commerce and Ind

Published 19 Aug, 2004 12:00am

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 19 Aug, 2004 12:00am

President confers awards on Navy men

President Pervez Musharraf has conferred military awards to officers and CPOs/sailors of Pakistan Navy on the occasion of 58th Independence Day.

Published 19 Aug, 2004 12:00am

Cross Transactions

Cross transactions between client to client reported on Wednesday (August 18, 2004).

Published 19 Aug, 2004 12:00am

No lawlessness in the country: Faisal

Interior Minister Faisal Saleh Hayat has said due to successful handling of anti-terrorism drive by law-enforcement agencies, some desperate elements have became active in their last ditch effort.

Published 19 Aug, 2004 12:00am

Member to Member

Members have subsequently reported the transactions on Wednesday (August 18, 2004).

Published 19 Aug, 2004 12:00am

Pakistan ranks sixth in world population

The world population reached 6.4 billion in 2004 and it continues to grow by some 80 million each year.

Published 19 Aug, 2004 12:00am

All shares index report

The sector-wise all shares index report on Wednesday (August 18, 2004)

Published 19 Aug, 2004 12:00am

KKH a symbol of everlasting Pak-China friendship: Prime Minister

Prime Minister Chaudhry Shujaat Hussain on Wednesday said that the Karakoram Highway (KKH) was a symbol of everlasting friendship between Pakistan and China and will bring the people of the two countries further close.

Published 19 Aug, 2004 12:00am

Leasing Companies: NATOVER LEASE & REFINANCE LIMITED - Nine Months Ended March 31 2004

It was incorporated in the province of Sindh on December 20, 1984 as a private limited company and was converted into public limited company on September 25, 1988. It is listed on the Karachi & Islamabad Stock Exchanges and is classified Non Banking Finan

Published 19 Aug, 2004 12:00am

Need to revive Hindko language, culture stressed

Speakers at a literary function have stressed the need for reviving the glory of neglected Hindko language.

Published 19 Aug, 2004 12:00am

Leasing Companies: NATOVER LEASE & REFINANCE LIMITED - Nine Months Ended March 31 2004

Published 19 Aug, 2004 12:00am

New rotation plan for Nara Canal directed

Nara Canal Area Water Board Director on Wednesday directed the Executive Engineers to issue revised water supply rotation programme under intimation to all the concerned with immediate effect.

Published 19 Aug, 2004 12:00am

Leasing Companies: GRAYS LEASING LIMITED - Nine Months Ended March 31 2004

Grays Leasing Limited was incorporated in the province of Punjab as a public limited company on 31st August 1995. The company is listed on Karachi and Lahore Stock Exchanges. It is principally engaged in the leasing business and also provides financial an

Published 19 Aug, 2004 12:00am

Police fail to trace killers of four of a family

Muzaffargarh Police have failed to trace the killers of an international athlete Syeda Sadaf Zohra Zaidi, her sister Syeda Shirin Batool Zaidi, her mother Khurshid Fatima and her brother Syed Khurshid Raza Alias Shehzad.

Published 19 Aug, 2004 12:00am

Leasing Companies: GRAYS LEASING LIMITED - Nine Months Ended March 31 2004

Published 19 Aug, 2004 12:00am

Musharraf for enhancing trade ties with New Zealand

President General Pervez Musharraf on Wednesday said that Pakistan attaches great importance to enhance political and economic ties with New Zealand.

Published 19 Aug, 2004 12:00am

THE RUPEE: stable trend in currency market

Firmness prevailed in the interbank market as the rupee did not show a major change in its overnight levels versus dollar for buying and selling at Rs 58.81 and Rs 58.84, respectively.

Published 19 Aug, 2004 12:00am

One held on murder charge

Cantonment Police have arrested a suspect on the charge of killing a housewife in Qasim Bela, here.

Published 19 Aug, 2004 12:00am

THE RUPEE: stable trend in currency market

Firmness prevailed in the interbank market as the rupee did not show a major change in its overnight levels versus dollar for buying and selling at Rs 58.81 and Rs 58.84, respectively.

Published 19 Aug, 2004 12:00am

No lawlessness at any cost: Sindh chief minister

Sindh Chief Minister Dr Arbab Ghulam Rahim has made it clear that maintenance of law and order is the top priority of the government and no lawlessness would be tolerated at any cost.

Published 19 Aug, 2004 12:00am

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Wednesday (August 18, 2004).

Published 19 Aug, 2004 12:00am

11 suicide cases reported in 24 hours

At least 11 persons, including four women of different ages, committed suicide in different parts of Punjab during last 24 hours due to financial constraints, domestic feuds and tension. Besides, four persons, including a girl, burnt themselves alive.

Published 19 Aug, 2004 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Wednesday (August 18, 2004).

Published 19 Aug, 2004 12:00am

Musharraf and Shujaat greet Karzai on Afghan national day

President General Pervez Musharraf and prime Minister Chaudhry Shujaat Hussain have greeted Afghan President Hamid Karzai on the country's Independence Day, falling on Thursday (August 19), and hoped that ties between the two countries would continue to g

Published 19 Aug, 2004 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Wednesday (August 18, 2004).

Published 19 Aug, 2004 12:00am

Faiz Group to participate in SCCI elections

Faiz Rasool Group of the Businessmen Forum in Sarhad Chamber of Commerce and Industry (SCCI) announced to fully participate in the coming annual elections of the provincial apex body of the business community of NWFP.

Published 19 Aug, 2004 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (August 18, 2004).

Published 19 Aug, 2004 12:00am

APHC urges India to withdraw '95 resolution on Kashmir

All Parties Hurriyat Conference (APHC) Chairman Syed Ali Gilani has called upon the Indian government to withdraw 1995 Resolution, which describes the Kashmir valley as its integral part.

Published 19 Aug, 2004 12:00am

Multan commodities market rates

Commodities market rates in rupees on Wednesday (August 18, 2004)

Published 19 Aug, 2004 12:00am

Water situation on August 18

Daily water situation as on 18-08-2004.

Published 19 Aug, 2004 12:00am

Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates in rupees prevailing on the commodity markets in Karachi on Wednesday (August 18, 2004).

Published 19 Aug, 2004 12:00am

NBP branches to remain open till late hours

The National Bank of Pakistan has decided to keep some of its branches open till late hours to facilitate sales tax payers.

Published 19 Aug, 2004 12:00am

Poultry rates

Wholesale poultry rates on Wednesday (August 18) and rates for Thursday (August 19, 2004).

Published 19 Aug, 2004 12:00am

NBP branches to remain open till late hours

The National Bank of Pakistan has decided to keep some of its branches open till late hours to facilitate sales tax payers.

Published 19 Aug, 2004 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (August 18, 2004).

Published 19 Aug, 2004 12:00am

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 19 Aug, 2004 12:00am

Currency values in term of Special Drawing Rights

The International Monetary Fund(IMF), treasuries' department's currency values in terms of Special Drawing Rights(SDR).

Published 19 Aug, 2004 12:00am

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 19 Aug, 2004 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 31	279.03
USD PKR Interbank Buying / Jan 31	278.88
USD to Japanese Yen / Jan 31	155.19
USD to Swiss Franc / Jan 31	0.91
Pound Sterling to USD / Jan 31	1.24
Euro to USD / Jan 31	1.04

Stock	Volume
Hang Seng / Jan 30	20,225.11
S&P 500 / Jan 31	6,040.53
India Sensex / Jan 31	77,500.57
Tokyo Nikkei / Jan 31	39,572.49
Nasdaq / Jan 31	19,627.44
FTSE 100 / Jan 31	8,673.96
Dow Jones / Jan 31	44,544.66
Germany DAX 30 / Jan 31	21,732.05

Item	Value
Crude Oil USD/Barrel / Jan 31	72.53
Karachi Cotton PKR/37.32 KG / Jan 31	18,285
Gold 10 Grams PKR / Jan 31	250,171
Gold Spot USD/Ounce / Jan 31	2,798.41
Cotton US¢/pound / Jan 31	65.88
Petrol/Litre / Feb 2	256.13

Gainers
Losers
Leaders

Stock	Price
Kohinoor Ind. / Jan 31 Kohinoor Industries Limited(KOIL)	10.21 ▲ 1 (10.86%)
IGI Life Ins / Jan 31 IGI Life Insurance Limited(IGIL)	15.13 ▲ 1.38 (10.04%)
Sana Ind / Jan 31 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
I.C.C. Ind. / Jan 31 ICC Industries Limited(ICCI)	15.72 ▲ 1.43 (10.01%)
Redco Textile / Jan 31 Redco Textiles Limited(REDCO)	24.17 ▲ 2.2 (10.01%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	53.74 ▲ 4.89 (10.01%)
Pak Leather / Jan 31 Pak Leather Crafts Limited(PAKL)	32.63 ▲ 2.97 (10.01%)
Dandot Cement / Jan 31 Dandot Cement Company Limited(DNCC)	16.48 ▲ 1.5 (10.01%)

Stock	Price
Blue-Ex Ltd / Jan 31 Blue-Ex Limited (GEM)(GEMBLUEX)	54.86 ▼ -6.1 (-10.01%)
D.M. Textile / Jan 31 D.M. Textile Mills Limited(DMTX)	63 ▼ -7 (-10%)
First Imrooz Mod. / Jan 31 First Imrooz Modaraba(FIMM)	189 ▼ -21 (-10%)
Power Cem(Pref) / Jan 31 Power Cement (Pref)(POWERPS)	10.41 ▼ -1.15 (-9.95%)
National Silk / Jan 31 The National Silk & Rayon Mills Limited(NSRM)	40.84 ▼ -4.51 (-9.94%)
Sec. Inv. Bank / Jan 31 Security Investment Bank Limited(SIBL)	7.83 ▼ -0.76 (-8.85%)
Shahtaj Sugar / Jan 31 Shahtaj Sugar Mills Limited(SHJS)	109.56 ▼ -10.44 (-8.7%)
Kohinoor Mills / Jan 31 Kohinoor Mills Limited(KML)	31.05 ▼ -2.9 (-8.54%)
F.Credit & Inv / Jan 31 First Credit and Investment Bank Limited(FCIBL)	7.28 ▼ -0.66 (-8.31%)

Stock	Volume
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	66,672,997 ▲ 0.14
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -1.33
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	36,344,486 ▼ -0.06
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.77
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.04
B.O.Punjab / Jan 31 The Bank of Punjab(BOP)	17,873,860 ▲ 0.2
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▼ -0.07
Pak Refinery / Jan 31 Pakistan Refinery Limited(PRL)	16,492,313 ▼ -0.57
Treet Battery / Jan 31 Treet Battery Limited(TBL)	15,390,342 ▲ 1.07

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