News Archives for Print - 2004-10-20

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Tuesday (October 19, 2004).

Published 20 Oct, 2004 12:00am

Panel set up to persuade opposition to take part in National Assembly business

Sensing gravity of the situation, the government on Tuesday formed a three-member committee to persuade the opposition to take part in National Assembly business.

Published 20 Oct, 2004 12:00am

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Tuesday (October 19, 2004).

Published 20 Oct, 2004 12:00am

Jatoi orders foolproof security for foreigners

Federal Minister for Water and Power Liaquat Ali Jatoi on Tuesday while presiding over a meeting on Mangla Dam project to review the progress asked Wapda to ensure fool proof security arrangements for foreigners and locals working on Mangla Dam raising pr

Published 20 Oct, 2004 12:00am

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (October 19, 2004).

Published 20 Oct, 2004 12:00am

Heavy rain kills eight in Chitral

Heavy downpour in NWFP northern region of Chitral again on Monday night reportedly killed at least eight people. The unexpected rain and snowfall in Chitral played havoc with the mountainous region with heavy losses of life and property, a private TV chan

Published 20 Oct, 2004 12:00am

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (October 19, 2004).

Published 20 Oct, 2004 12:00am

Heavy rain kills eight in Chitral

Heavy downpour in NWFP northern region of Chitral again on Monday night reportedly killed at least eight people. The unexpected rain and snowfall in Chitral played havoc with the mountainous region with heavy losses of life and property, a private TV chan

Published 20 Oct, 2004 12:00am

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (October 19, 2004).

Published 20 Oct, 2004 12:00am

Traders secure export orders of over 200,000 cotton bales

Pakistani traders have secured export orders for more than 200,000 bales of cotton, taking benefit of surplus crop and low prices in the country. Chairman Karachi Cotton Association (KCA) Abdul Shakoor Dada said here on Tuesday that cotton prices are low

Published 20 Oct, 2004 12:00am

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (October 19, 2004).

Published 20 Oct, 2004 12:00am

Traders secure export orders of over 200,000 cotton bales

Pakistani traders have secured export orders for more than 200,000 bales of cotton, taking benefit of surplus crop and low prices in the country. Chairman Karachi Cotton Association (KCA) Abdul Shakoor Dada said here on Tuesday that cotton prices are low

Published 20 Oct, 2004 12:00am

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (October 19, 2004).

Published 20 Oct, 2004 12:00am

Sugar mills to start crushing from November 1: minister

The Pakistan Sugar Mills Association (PSMA) and government team parted ways at the end of the meeting convened here on Tuesday to discuss commissioning of sugarcane crushing season 2004-05. The PSMA delegation in its brief talk with newsmen gave the impre

Published 20 Oct, 2004 12:00am

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (October 19, 2004).

Published 20 Oct, 2004 12:00am

Sugar mills to start crushing from November 1: minister

The Pakistan Sugar Mills Association (PSMA) and government team parted ways at the end of the meeting convened here on Tuesday to discuss commissioning of sugarcane crushing season 2004-05. The PSMA delegation in its brief talk with newsmen gave the impre

Published 20 Oct, 2004 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Tuesday (October 19, 2004).

Published 20 Oct, 2004 12:00am

Four killed in Iraq violence

Kidnappers seized the British-Iraqi head of an international charity group in Baghdad on Tuesday and later she was shown sitting anxiously and alone in a video broadcast by an Arabic television station. Margaret Hassan, who has dual nationality and has li

Published 20 Oct, 2004 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (October 19, 2004).

Published 20 Oct, 2004 12:00am

Four killed in Iraq violence

Kidnappers seized the British-Iraqi head of an international charity group in Baghdad on Tuesday and later she was shown sitting anxiously and alone in a video broadcast by an Arabic television station. Margaret Hassan, who has dual nationality and has li

Published 20 Oct, 2004 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (October 19, 2004).

Published 20 Oct, 2004 12:00am

Neelum hydel project contract may go to Chinese firm

Pakistan is likely to award the contract of 969 megawatt (MW) Neelum-Jhelum hydel power project, located near Mirpur, Azad Kashmir, to China, sources in Private Power Infrastructure Board (PPIB) told Business Recorder. The Minister for Water and Po

Published 20 Oct, 2004 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (October 19, 2004).

Published 20 Oct, 2004 12:00am

Neelum hydel project contract may go to Chinese firm

Pakistan is likely to award the contract of 969 megawatt (MW) Neelum-Jhelum hydel power project, located near Mirpur, Azad Kashmir, to China, sources in Private Power Infrastructure Board (PPIB) told Business Recorder. The Minister for Water and Po

Published 20 Oct, 2004 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (October 19, 2004).

Published 20 Oct, 2004 12:00am

TCP cotton purchase limit enhanced to 2,000 bales

The Trading Corporation of Pakistan (TCP) has been directed to vigorously pursue cotton procurement campaign to stabilise prices. This was decided in a meeting of inter-ministerial committee held here on Tuesday to review cotton procurement by the TCP and

Published 20 Oct, 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 Tuesday (October 19, 2004).

Published 20 Oct, 2004 12:00am

TCP cotton purchase limit enhanced to 2,000 bales

The Trading Corporation of Pakistan (TCP) has been directed to vigorously pursue cotton procurement campaign to stabilise prices. This was decided in a meeting of inter-ministerial committee held here on Tuesday to review cotton procurement by the TCP and

Published 20 Oct, 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 Tuesday (October 19, 2004).

Published 20 Oct, 2004 12:00am

Takeover of Adamjee Insurance: SHC issues notices to Mansha group, others

Notices were issued to Attorney General of Pakistan, Securities and Exchange Commission of Pakistan (SECP), Mansha Group, MCB and other respondents for November 24 in a constitution petition challenging alleged illegal Takeover of Adamjee Insurance Compan

Published 20 Oct, 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 Tuesday (October 19, 2004).

Published 20 Oct, 2004 12:00am

Takeover of Adamjee Insurance: SHC issues notices to Mansha group, others

Notices were issued to Attorney General of Pakistan, Securities and Exchange Commission of Pakistan (SECP), Mansha Group, MCB and other respondents for November 24 in a constitution petition challenging alleged illegal Takeover of Adamjee Insurance Compan

Published 20 Oct, 2004 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Tuesday (October 19, 2004).

Published 20 Oct, 2004 12:00am

Rate of return: State Bank advice to banks and DFIs

The State Bank has barred banks and DFIs from mentioning the expected rate of return, either on the account opening form or on the deposit certificate or instrument itself. The SBP issued a circular on Tuesday which said that customers had lodged complain

Published 20 Oct, 2004 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Tuesday (October 19, 2004).

Published 20 Oct, 2004 12:00am

Rate of return: State Bank advice to banks and DFIs

The State Bank has barred banks and DFIs from mentioning the expected rate of return, either on the account opening form or on the deposit certificate or instrument itself. The SBP issued a circular on Tuesday which said that customers had lodged complain

Published 20 Oct, 2004 12:00am

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Tuesday (October 19, 2004).

Published 20 Oct, 2004 12:00am

Chinese official briefed on Saindak project

The President of MRDL company of China Zou Jainhui who is currently visiting Pakistan called on the Federal Minister for Petroleum and Natural Resources Amanullah Khan Jadoon here on Tuesday and discussed with him the matters pertaining to Pakistan, MRDL

Published 20 Oct, 2004 12:00am

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Tuesday (October 19, 2004).

Published 20 Oct, 2004 12:00am

21 Sindh sugar mills fail to start crushing

Twenty-one out of 27 sugar mills in Sindh had not started crushing despite warning by Sindh Chief Minister Dr Arbab Ghulam Rahim that action will be taken against those not complying with the government orders.

Published 20 Oct, 2004 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (October 19, 2004).

Published 20 Oct, 2004 12:00am

Dubai firm keen to invest in real estate sector

Damac Investment Company of Dubai has shown its keen interest to make an investment of around Rs 20 billion in various projects in Pakistan, with particular focus on real estate sector.

Published 20 Oct, 2004 12:00am

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm

Published 20 Oct, 2004 12:00am

Arif Habib Investment companies get Pacra ratings

The Pakistan Credit Rating Agency (Pacra) has assigned an asset manager rating of ''AM2'' to Arif Habib Investment Management Limited (AHIML), ''A+(f)'' (A plus) to Pakistan Income Fund (PIF) ''AA(f)'' (Double A) to Pakistan Premier Fund Limited (PPF) and

Published 20 Oct, 2004 12:00am

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d

Published 20 Oct, 2004 12:00am

Arif Habib Investment companies get Pacra ratings

The Pakistan Credit Rating Agency (Pacra) has assigned an asset manager rating of 'AM2' to Arif Habib Investment Management Limited (AHIML), 'A+(f)' (A plus) to Pakistan Income Fund (PIF) 'AA(f)' (Double A) to Pakistan Premier Fund Limited (PPF) and to Pa

Published 20 Oct, 2004 12:00am

Karachi interbank rates

Karachi interbank rates on Tuesday (October 19, 2004).

Published 20 Oct, 2004 12:00am

Arif Habib Investment companies get Pacra ratings

The Pakistan Credit Rating Agency (Pacra) has assigned an asset manager rating of 'AM2' to Arif Habib Investment Management Limited (AHIML), 'A+(f)' (A plus) to Pakistan Income Fund (PIF) 'AA(f)' (Double A) to Pakistan Premier Fund Limited (PPF) and to Pa

Published 20 Oct, 2004 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (October 19, 2004).

Published 20 Oct, 2004 12:00am

Congress may pass $200 million bill for Pakistan in health and education sectors: Rocca

US Assistant Secretary of State Christina Rocca on Tuesday appreciated Pakistan's educational policies and assured co-operation between the two countries for further improvement of education.

Published 20 Oct, 2004 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (October 19, 2004).

Published 20 Oct, 2004 12:00am

FAO and Minfal sign Sindh water improvement project

The Ministry of Food, Agriculture and Livestock and the Food and Agriculture Organisation (FAO) of the United Nations have approved a Technical Co-operation Programme (TCP) funded project of $378,000 as grant-in-aid on "Preparation and Capacity Building i

Published 20 Oct, 2004 12:00am

CBOT wheat futures fall after sell-stops hit

Chicago Board of Trade wheat futures ended lower on Monday after sell-stops were hit late after a lacklustre session, traders said.

Published 20 Oct, 2004 12:00am

Dewan KIA production continues

Dewan Farooque Motors, coming out with new models of KIA cars in the first half of 2005 and both KIA NGV and KIA Grand Sportage, are under production, said a spokesman for the company. Contradicting a report published in Business Recorder on Monday

Published 20 Oct, 2004 12:00am

Singapore bunker fuel prices down

Singapore bunker prices fell on Tuesday, tracking plunging fuel oil cargo values as global crude benchmarks came off record-high levels.

Published 20 Oct, 2004 12:00am

Dewan KIA production continues

Dewan Farooque Motors, coming out with new models of KIA cars in the first half of 2005 and both KIA NGV and KIA Grand Sportage, are under production, said a spokesman for the company. Contradicting a report published in Business Recorder on Monday

Published 20 Oct, 2004 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 67,043 tonnes of cargo including 57,693 tonnes import and 9,350 tonnes export cargo during last 24 hours ending at 0700 hours on Tuesday.

Published 20 Oct, 2004 12:00am

Media city to be set up in Islamabad: Shaukat

Prime Minister Shaukat Aziz on Tuesday said that a Media City would be set up in the federal capital, having facilities for production and uplinking through satellites.

Published 20 Oct, 2004 12:00am

Morocco buys EU wheat

Moroccan grains agency ONICL has purchased around 145,000 tonnes of European Union origin soft wheat in a special import quota tender which closed on October 14, European traders said on Tuesday.

Published 20 Oct, 2004 12:00am

Gazprom seen muscling in as Yukos break-up looms

Troubled Russian oil giant Yukos moved closer to a break-up on Tuesday, with gas giant Gazprom officially tipped as a bidder for its key unit and its debt downgraded to virtual junk bond status.

Published 20 Oct, 2004 12:00am

China's smelters cut alumina purchase as aluminium falls

A fall in aluminium prices in the international market is discouraging Chinese smelters from buying spot alumina due to expectations that prices of the raw material will follow suit, trading and smelter sources said on Tuesday.

Published 20 Oct, 2004 12:00am

France must reform to work more or risk growth trap: adviser

France must learn to work harder and rein in its "excessive" public sector if it is not to sink into irreversible economic decline, a committee of experts led by former IMF chief Michel Camdessus warned the government Tuesday.

Published 20 Oct, 2004 12:00am

Bangladeshi tea prices fall

The average price of Bangladeshi teas fell slightly further on Ramazan austerity at the weekly tea auction on Tuesday, brokers said.

Published 20 Oct, 2004 12:00am

Philippines posts trade surplus, key imports fall

The Philippines posted its first monthly trade surplus in six months in August, government data showed on Tuesday, but a fall in electronics imports raised concern that one of the country's main trade engines was slowing.

Published 20 Oct, 2004 12:00am

Kenyan coffee prices unchanged

Kenyan coffee prices were unchanged at this week's auction, although some small lots of unwashed coffee fetched higher prices, exporters said on Tuesday.

Published 20 Oct, 2004 12:00am

Russian court upholds dam privatisation

Russia's high court of arbitration on Tuesday upheld the privatisation of the country's biggest dam, ending a dispute analysts link to a decision to stop supplying cheap power to a giant aluminium smelter.

Published 20 Oct, 2004 12:00am

Pakistani rice prices remain firm

Pakistani rice prices remained firm during the past week on steady demand from exporters, but dealers said they could ease slightly next month on increased supplies from farms.

Published 20 Oct, 2004 12:00am

Soaring fuel, charges push Continental to loss

Continental Airlines on Tuesday posted a third-quarter loss, reversing a year-earlier profit, as it was hurt by record-high fuel prices and a one-time charge for retiring some aircraft.

Published 20 Oct, 2004 12:00am

Kenya's sugar industry needs to reform

Kenya needs to urgently reform its inefficient sugar sector - a major employer in the country's impoverished west - before 2008, when the industry will face a flood of cheap imported sugar, a World Bank economist said on Tuesday.

Published 20 Oct, 2004 12:00am

Soaring fuel, charges push Continental to loss

Continental Airlines on Tuesday posted a third-quarter loss, reversing a year-earlier profit, as it was hurt by record-high fuel prices and a one-time charge for retiring some aircraft.

Published 20 Oct, 2004 12:00am

US Midwest soyabean bids up, corn firmer

Spot soyabean basis bids were mostly firm in the US Midwest early on Tuesday, reflecting a lack of farmer selling, while corn bids were mostly steady to firm, dealers said.

Published 20 Oct, 2004 12:00am

Oil demand surge to ease slightly next year

A world demand surge that has driven oil prices to record highs this year will moderate a little in 2005 as higher costs take their toll and China's economic expansion eases, a Reuters survey found.

Published 20 Oct, 2004 12:00am

FOB Gulf corn steady, soyabean higher

US Gulf corn basis offers were steady on Monday while soyabeans for November shipment were higher amid slow farmer selling, traders said.

Published 20 Oct, 2004 12:00am

Bulls stage comeback on ISE

Bulls returned in the driving seat on the Islamabad Stock Exchange (ISE) where equities recovered under the lead of trend-setters amid the increase in the ISE index. The ISE network index showed an increase of 68.03 points as the rate-based indicator move

Published 20 Oct, 2004 12:00am

CBOT corn ends lower on harvest of big US crop

Corn futures at the Chicago Board of Trade closed lower on Monday, pressured by this year's harvest of a record-large US crop and disappointing weekly export inspections, CBOT brokers said.

Published 20 Oct, 2004 12:00am

Bulls stage comeback on ISE

Bulls returned in the driving seat on the Islamabad Stock Exchange (ISE) where equities recovered under the lead of trend-setters amid the increase in the ISE index. The ISE network index showed an increase of 68.03 points as the rate-based indicator move

Published 20 Oct, 2004 12:00am

Oil cake market rates

The December vaida opened with 60 paisa gain at Rs 410.80. Later, it gained 40 paisa to be day's best at Rs 411.20. In the process of trading it lost Rs 3.10 to be day's lowest at Rs 408.10 and closing was seen at Rs 408.60.

Published 20 Oct, 2004 12:00am

LSE index up 50.81 points

Led by fuel and energy sector, equities recovered earlier losses on the Lahore Stock Exchange (LSE) amid the ascending transaction volume mainly on account of institutional support. The LSE-25 index registered an increase of 50.81 points, closing at 2791.

Published 20 Oct, 2004 12:00am

Prices firm on cotton market

Stability prevailed in the cotton market on Tuesday as prices maintained their overnight levels despite higher arrival figures, relevant sources said.

Published 20 Oct, 2004 12:00am

LSE index up 50.81 points

Led by fuel and energy sector, equities recovered earlier losses on the Lahore Stock Exchange (LSE) amid the ascending transaction volume mainly on account of institutional support. The LSE-25 index registered an increase of 50.81 points, closing at 2791.

Published 20 Oct, 2004 12:00am

Mixed trend on grain market

Lacklustre trading was seen on the grain market on Tuesday as most of the items maintained their overnight levels, dealers said.

Published 20 Oct, 2004 12:00am

CPPA to deal with Wapda companies' financial issues

The government has decided to establish Central Power Procurement Authority (CPPA) to deal with the matters pertaining to power purchase and financial issues of generation companies (GENCOS) and distribution companies (DISCOS), official sources told Bu

Published 20 Oct, 2004 12:00am

Milk powder up on Jodia Bazar

The trading on milk powder sector moved upward on Jodia Bazar on Tuesday (October 19, 2004).
Published 20 Oct, 2004 12:00am

CPPA to deal with Wapda companies' financial issues

The government has decided to establish Central Power Procurement Authority (CPPA) to deal with the matters pertaining to power purchase and financial issues of generation companies (GENCOS) and distribution companies (DISCOS), official sources told Bu
Published 20 Oct, 2004 12:00am

Indian trade eyes fresh soymeal deals with China

India, encouraged by competitive prices, is negotiating for fresh soymeal sales to China after its giant South Asian neighbour made its first purchases of the season last week, traders said on Tuesday.
Published 20 Oct, 2004 12:00am

Signing of FTA discussed with China

Pakistan has sent a new request for projects worth $1 billion and discussed movement towards signing free trade agreement (FTA) with China. The meeting to discuss these issues was held at the Economic Affairs Ministry between Pakistani officials represent
Published 20 Oct, 2004 12:00am

Taiwan Great Wall buys 58,000 tonnes corn from Cargill

Taiwan's Great Wall Feed Group sealed a private deal on Monday to buy 58,000 T of US corn from Cargill Inc, said a group official.
Published 20 Oct, 2004 12:00am

Signing of FTA discussed with China

Pakistan has sent a new request for projects worth $1 billion and discussed movement towards signing free trade agreement (FTA) with China. The meeting to discuss these issues was held at the Economic Affairs Ministry between Pakistani officials represent
Published 20 Oct, 2004 12:00am

New York coffee dips on speculative fund selling

US coffee futures wilted on Monday as small speculative funds sold on signs of improving crop prospects in top grower Brazil, traders said.
Published 20 Oct, 2004 12:00am

Rocca discusses terrorism, other issues with President and Prime Minister

US Assistant Secretary of State for South Asian Affairs Christina Rocca called on President General Pervez Musharraf on Tuesday, discussing a wide range of subjects, including Pak-US bilateral relations as well as regional and international issues of comm
Published 20 Oct, 2004 12:00am

New York cocoa firms

US cocoa futures ended firm in range-bound trading on Monday, with light speculative fund buying on news of striking farmers in top grower Ivory Coast trying to disrupt deliveries, traders said.
Published 20 Oct, 2004 12:00am

Rocca discusses terrorism, other issues with President and Prime Minister

US Assistant Secretary of State for South Asian Affairs Christina Rocca called on President General Pervez Musharraf on Tuesday, discussing a wide range of subjects, including Pak-US bilateral relations as well as regional and international issues of comm
Published 20 Oct, 2004 12:00am

Tata Coffee to sell beans to Starbucks

India's Tata Coffee Ltd said on Monday it signed an agreement last week with Seattle-based Starbucks Corp, the world's largest coffee chain, to sell premium arabica grade coffee beans.
Published 20 Oct, 2004 12:00am

Current cotton output up 53 percent: PCGA

Higher yield has pushed the cotton production up by over 53 percent till the middle of the current month, which might be against all expectations and speculation about the overall production for the season. Pakistan Cotton Ginners Association reported a p
Published 20 Oct, 2004 12:00am

China to auction 260,000 tonnes wheat reserves

The China Grain Reserves Group (Sinograin) is planning to sell 260,000 tonnes of wheat from state reserves in the northern port of Tianjin on October 25.
Published 20 Oct, 2004 12:00am

Current cotton output up 53 percent: PCGA

Higher yield has pushed the cotton production up by over 53 percent till the middle of the current month, which might be against all expectations and speculation about the overall production for the season. Pakistan Cotton Ginners Association reported a p
Published 20 Oct, 2004 12:00am

Bulgaria rushes to meet 87,000 tonnes of EU maize quota

Ships carrying Bulgarian maize are heading for southern Europe with shipments that should total some 86,000 tonnes by the end of the month, traders said on Monday.
Published 20 Oct, 2004 12:00am

CCoP may approve KESC transition structure today

The Cabinet Committee on Privatisation (CCoP) is likely to approve transition structure and pre-privatisation liabilities of Karachi Electric Supply Corporation (KESC) in its meeting here on Wednesday. Prime Minister Shaukat Aziz will be in the chair. Acc
Published 20 Oct, 2004 12:00am

Thai rubber futures slide

Thai rubber futures slipped on Tuesday as players took profits on recent gains, brokers said. Overall volume rose as 41 contracts of ribbed smoked sheet number three were traded, up from 37 contracts traded on Monday.
Published 20 Oct, 2004 12:00am

CCoP may approve KESC transition structure today

The Cabinet Committee on Privatisation (CCoP) is likely to approve transition structure and pre-privatisation liabilities of Karachi Electric Supply Corporation (KESC) in its meeting here on Wednesday. Prime Minister Shaukat Aziz will be in the chair. Acc
Published 20 Oct, 2004 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 18	277.93
USD PKR Interbank Buying / Nov 18	277.73
USD to Japanese Yen / Nov 18	154.71
USD to Swiss Franc / Nov 18	0.89
Pound Sterling to USD / Nov 18	1.26
Euro to USD / Nov 18	1.05

Stock	Volume
S&P 500 / Nov 15	5,870.62
Nasdaq / Nov 15	18,680.12
Dow Jones / Nov 15	43,444.99
India Sensex / Nov 18	77,426.82
Tokyo Nikkei / Nov 18	38,220.85
Hang Seng / Nov 18	19,562.62
FTSE 100 / Nov 18	8,080.78
Germany DAX 30 / Nov 18	19,274.60

Item	Value
Crude Oil USD/Barrel / Nov 18	67.17
Karachi Cotton PKR/37.32 KG / Nov 18	18,085
Gold 10 Grams PKR / Nov 18	231,396
Gold Spot USD/Ounce / Nov 18	2,583.36
Cotton US¢/pound / Nov 18	69.03
Petrol/Litre / Nov 19	248.38

Stock	Price
786 Invest Ltd / Nov 19 786 Investments Limited(786)	6.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 19 Al-Abbas Sugar Mills Limited(AABS)	608.12 ▼ 0.00 (0.00%)
Agro Allianz / Nov 19 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 19 Ali Asghar Textile Mills Limited(AATM)	61.62 ▼ 0.00 (0.00%)
Allied Bank / Nov 19 Allied Bank Limited(ABL)	114.96 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 19 Abbott Laboratories (Pakistan) Limited(ABOT)	1,000.66 ▼ 0.00 (0.00%)
Abson Ind. / Nov 19 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 19 Alfalah Consumer Index ETF.(ACIETF)	12.40 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 19 786 Investments Limited(786)	6.33 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 19 Al-Abbas Sugar Mills Limited(AABS)	608.12 ▲ 0.00 (0.00%)
Agro Allianz / Nov 19 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 19 Ali Asghar Textile Mills Limited(AATM)	61.62 ▲ 0.00 (0.00%)
Allied Bank / Nov 19 Allied Bank Limited(ABL)	114.96 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 19 Abbott Laboratories (Pakistan) Limited(ABOT)	1,000.66 ▲ 0.00 (0.00%)
Abson Ind. / Nov 19 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 19 Alfalah Consumer Index ETF.(ACIETF)	12.40 ▲ 0.00 (0.00%)

Stock	Volume
Hascol Petrol / Nov 19 Hascol Petroleum Limited(HASCOL)	85,137,088 ▲ 0.00
Fauji Foods Ltd / Nov 19 Fauji Foods Limited(FFL)	60,498,160 ▲ 0.00
K-Electric Ltd. / Nov 19 K-Electric Limited(KEL)	58,382,098 ▲ 0.00
Sui South Gas / Nov 19 Sui Southern Gas Company Limited(SSGC)	48,775,225 ▲ 0.00
P.T.C.L. / Nov 19 Pakistan Telecommunication Company Ltd(PTC)	38,829,416 ▲ 0.00
Waves Home Appliances / Nov 19 Waves Home Appliances Limited(WAVESAPP)	28,407,159 ▲ 0.00
WorldCall Telecom / Nov 19 Worldcall Telecom Limited(WTL)	25,563,816 ▲ 0.00
Sui North Gas / Nov 19 Sui Northern Gas Pipelines Limited(SNGP)	19,101,475 ▲ 0.00
Treet Battery / Nov 19 Treet Battery Limited(TBL)	19,069,391 ▲ 0.00

Most Popular