AIRLINK 196.26 Increased By ▲ 4.42 (2.3%)
BOP 10.15 Increased By ▲ 0.28 (2.84%)
CNERGY 7.89 Increased By ▲ 0.22 (2.87%)
FCCL 38.32 Increased By ▲ 0.46 (1.22%)
FFL 15.93 Increased By ▲ 0.17 (1.08%)
FLYNG 25.43 Increased By ▲ 0.12 (0.47%)
HUBC 130.85 Increased By ▲ 0.68 (0.52%)
HUMNL 13.70 Increased By ▲ 0.11 (0.81%)
KEL 4.66 Decreased By ▼ -0.01 (-0.21%)
KOSM 6.31 Increased By ▲ 0.10 (1.61%)
MLCF 45.00 Increased By ▲ 0.71 (1.6%)
OGDC 209.50 Increased By ▲ 2.63 (1.27%)
PACE 6.64 Increased By ▲ 0.08 (1.22%)
PAEL 41.25 Increased By ▲ 0.70 (1.73%)
PIAHCLA 17.66 Increased By ▲ 0.07 (0.4%)
PIBTL 8.13 Increased By ▲ 0.06 (0.74%)
POWER 9.35 Increased By ▲ 0.11 (1.19%)
PPL 180.90 Increased By ▲ 2.34 (1.31%)
PRL 40.00 Increased By ▲ 0.92 (2.35%)
PTC 24.42 Increased By ▲ 0.28 (1.16%)
SEARL 111.25 Increased By ▲ 3.40 (3.15%)
SILK 0.99 Increased By ▲ 0.02 (2.06%)
SSGC 38.30 Decreased By ▼ -0.81 (-2.07%)
SYM 19.28 Increased By ▲ 0.16 (0.84%)
TELE 8.73 Increased By ▲ 0.13 (1.51%)
TPLP 12.20 Decreased By ▼ -0.17 (-1.37%)
TRG 65.85 Decreased By ▼ -0.16 (-0.24%)
WAVESAPP 12.38 Decreased By ▼ -0.40 (-3.13%)
WTL 1.69 Decreased By ▼ -0.01 (-0.59%)
YOUW 3.99 Increased By ▲ 0.04 (1.01%)
BR100 12,074 Increased By 143.4 (1.2%)
BR30 35,970 Increased By 310.7 (0.87%)
KSE100 114,828 Increased By 1621.4 (1.43%)
KSE30 36,088 Increased By 523 (1.47%)
Print - 2004-11-03
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (November 02, 2004).
Published 03 Nov, 2004 12:00am
Ryanair profit beats forecasts

Ryanair profit beats forecasts

No-frills airline Ryanair beat forecasts with an 18-percent jump in half-year profit after a strong summer and cheered investors on Tuesday with a surprisingly upbeat take on the full year.
Published 03 Nov, 2004 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (November 02, 2004).

Published 03 Nov, 2004 12:00am
Ryanair profit beats forecasts

Ryanair profit beats forecasts

No-frills airline Ryanair beat forecasts with an 18-percent jump in half-year profit after a strong summer and cheered investors on Tuesday with a surprisingly upbeat take on the full year.
Published 03 Nov, 2004 12:00am
Aptma wants GSP extended till 2006

Aptma wants GSP extended till 2006

All Pakistan Textile Mills Association (Aptma) has expressed concern over the expiry of generalised system of preference (GSP) status by European Union to Pakistan as a country working against narcotics till December 2004. Talking to Business Recorder
Published 03 Nov, 2004 12:00am
Aptma wants GSP extended till 2006

Aptma wants GSP extended till 2006

All Pakistan Textile Mills Association (Aptma) has expressed concern over the expiry of generalised system of preference (GSP) status by European Union to Pakistan as a country working against narcotics till December 2004. Talking to Business Recorder
Published 03 Nov, 2004 12:00am
Sri Lanka seeks barter trade with Pakistan

Sri Lanka seeks barter trade with Pakistan

Prime Minister of Sri Lanka Makinda Rajapakse has suggested that Pakistani exporters should import betel nuts, pineapple, tea, etc in barter of rice. According to Reap, Makinda said this while talking to vice chairman Rice Exporters Association of Pakista
Published 03 Nov, 2004 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (November 02, 2004).

Published 03 Nov, 2004 12:00am
Top Mujahid commander among six killed in Indian occupied Kashmir

Top Mujahid commander among six killed in Indian occupied Kashmir

Occupied Indian troops martyred two-Mujahideen in Indian occupied Kashmir (IoK), including a top commander, while four civilians killed and a trooper injured in a grenade explosion, officials claimed on Tuesday. Troopers from the Border Security Force ove
Published 03 Nov, 2004 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (November 02, 2004).

Published 03 Nov, 2004 12:00am
Top Mujahid commander among six killed in Indian occupied Kashmir

Top Mujahid commander among six killed in Indian occupied Kashmir

Occupied Indian troops martyred two-Mujahideen in Indian occupied Kashmir (IoK), including a top commander, while four civilians killed and a trooper injured in a grenade explosion, officials claimed on Tuesday. Troopers from the Border Security Force ove
Published 03 Nov, 2004 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (November 02, 2004).

Published 03 Nov, 2004 12:00am
Fate of US economy in Asian investors' hands?

Fate of US economy in Asian investors' hands?

Basing readings on the large trade imbalance between the United States and Asia and the enormous accumulation of US bonds by Asian investors and central banks, the world finance experts suggest that the fate of Washington's economy is in the hands of Asia
Published 03 Nov, 2004 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (November 2, 2004).

Published 03 Nov, 2004 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (November 2, 2004).

Published 03 Nov, 2004 12:00am
New York rates' drop to have negative impact on Pakistan cotton prices

New York rates' drop to have negative impact on Pakistan cotton prices

The benchmark price of American cotton dropped to 44 cents on Tuesday, which would impact negatively on Pakistan cotton, said exporters. Exporters were lucky to get 44 cents per pound from Bangladesh and Thailand in the recent weeks. Exporters said that f
Published 03 Nov, 2004 12:00am
New York rates' drop to have negative impact on Pakistan cotton prices

New York rates' drop to have negative impact on Pakistan cotton prices

The benchmark price of American cotton dropped to 44 cents on Tuesday, which would impact negatively on Pakistan cotton, said exporters. Exporters were lucky to get 44 cents per pound from Bangladesh and Thailand in the recent weeks. Exporters said that f
Published 03 Nov, 2004 12:00am
Income tax officials may be posted to sales tax department

Income tax officials may be posted to sales tax department

The Central Board of Revenue (CBR) has decided to fully utilise the experience of income tax officials recently transferred to the sales tax department for improving the quality of sales tax audit, which is solely in the hands of a low grade sales tax aud
Published 03 Nov, 2004 12:00am
Income tax officials may be posted to sales tax department

Income tax officials may be posted to sales tax department

The Central Board of Revenue (CBR) has decided to fully utilise the experience of income tax officials recently transferred to the sales tax department for improving the quality of sales tax audit, which is solely in the hands of a low grade sales tax aud
Published 03 Nov, 2004 12:00am
Indian Air Force MiG-21 crashes

Indian Air Force MiG-21 crashes

A MiG 21 fighter aircraft of Indian Air Force crashed near Nal airbase in Bikaner following engine failure, IAF officials said on Tuesday. The aircraft was on a routine night sortie when it crashed in sand dunes close to air base, IAF spokesman said. He s
Published 03 Nov, 2004 12:00am
Indian Air Force MiG-21 crashes

Indian Air Force MiG-21 crashes

A MiG 21 fighter aircraft of Indian Air Force crashed near Nal airbase in Bikaner following engine failure, IAF officials said on Tuesday. The aircraft was on a routine night sortie when it crashed in sand dunes close to air base, IAF spokesman said. He s
Published 03 Nov, 2004 12:00am
Asset Investment Bank moves to raise capital

Asset Investment Bank moves to raise capital

Asset Investment Bank has entered into an amalgamation agreement with an institution which would help the bank to meet the capital requirement ceiling set by the Securities and Exchange Commission of Pakistan (SECP). According to an information received f
Published 03 Nov, 2004 12:00am
Asset Investment Bank moves to raise capital

Asset Investment Bank moves to raise capital

Asset Investment Bank has entered into an amalgamation agreement with an institution which would help the bank to meet the capital requirement ceiling set by the Securities and Exchange Commission of Pakistan (SECP). According to an information received f
Published 03 Nov, 2004 12:00am
Asset Investment Bank moves to raise capital

Asset Investment Bank moves to raise capital

Asset Investment Bank has entered into an amalgamation agreement with an institution which would help the bank to meet the capital requirement ceiling set by the Securities and Exchange Commission of Pakistan (SECP). According to an information received f
Published 03 Nov, 2004 12:00am
Steps taken to prevent WMD proliferation: Munir

Steps taken to prevent WMD proliferation: Munir

Pakistan said on Tuesday that it had established a strong safety culture in its nuclear installations and taken additional measures to prevent proliferation of weapons of mass destruction (WMD).
Published 03 Nov, 2004 12:00am
HEC and Swedish Institute sign MoU

HEC and Swedish Institute sign MoU

The Higher Education Commission (HEC) and Swedish Institute (SI) Stockholm has signed Memorandum of Understanding (MoU) regarding scholarship program for higher studies of University teachers and scholars of Pakistan in Sweden.
Published 03 Nov, 2004 12:00am
HIV-AIDS rising in Pakistan at alarming pace: NIH

HIV-AIDS rising in Pakistan at alarming pace: NIH

Dr Asma Bokhari of National AIDS Control Programme in the National Institute of Health (NIH) said that HIV-AIDS is rising in Pakistan and an estimated 24,000 young people are infected out of 70,000 to 80,000 HIV-AIDS cases in Pakistan.
Published 03 Nov, 2004 12:00am
Pak-China Fertiliser denied Rs 215 million as working capital

Pak-China Fertiliser denied Rs 215 million as working capital

Industries and Production Minister Jahangir Tareen has refused to give Rs 215 million working capital to Pak-China Fertiliser expected to be rehabilitated after formal approval by Economic Co-ordination Committee (ECC) of the Cabinet, sources told Busi
Published 03 Nov, 2004 12:00am
PSM expansion to be completed in two years

PSM expansion to be completed in two years

Current annual steel production and capacity of Pakistan Steel Mills (PSM) Karachi will be expanded to cater needs of the country and an ambitious plan has been chalked out to further augment its capacity from I to 3 million tonnes.
Published 03 Nov, 2004 12:00am
No change in Kashmir policy: foreign office

No change in Kashmir policy: foreign office

Pakistan on Tuesday reiterated that its policy on Kashmir remained unchanged, but called for a mutual flexibility and the need for creating a new environment for the resolution of the lingering dispute.
Published 03 Nov, 2004 12:00am
202 companies registered with SECP in October

202 companies registered with SECP in October

Total 202 companies were registered with the Securities and Exchange Commission of Pakistan (SECP), under the Companies Ordinance, during October, 2004, as compared to 162 companies registered in October 2003, reflecting an increase of 25 percent.
Published 03 Nov, 2004 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 03 Nov, 2004 12:00am
PC paid Rs 6.1 billion to 30,900 workers under GHS, VSS

PC paid Rs 6.1 billion to 30,900 workers under GHS, VSS

The Privatisation Commission has paid Rs 6.1 billion to 30,900 workers of privatised industrial units under golden handshake (GHS)/voluntary separation scheme (VSS). According to a handout issued by the Privatisation Commission here, none of the industria
Published 03 Nov, 2004 12:00am
Opposition stages walkout from Senate

Opposition stages walkout from Senate

The combined opposition on Tuesday staged walkout from the Senate against the passage of bill allowing General Pervez Musharraf to keep both the offices of president and military chief after December 31.
Published 03 Nov, 2004 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Tuesday (November 02, 2004).

Published 03 Nov, 2004 12:00am
Senate panel to meet Balochistan leaders today

Senate panel to meet Balochistan leaders today

Secretary General of Pakistan Muslim League (PML-Q), Senator Mushahid Hussain Syed said on Tuesday that the special committee of the Senate would visit Quetta on Wednesday to seek a political solution to the situation in Balochistan.
Published 03 Nov, 2004 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 03 Nov, 2004 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

The 17th session of the Senate was prorogued on Tuesday at the conclusion of weeklong tumultuous proceedings the highlight of which was the passage of the uniform bill. The bill entitled President Musharraf to keep the office of Army chief beyond December
Published 03 Nov, 2004 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 03 Nov, 2004 12:00am
Senators demand debate on SBP report

Senators demand debate on SBP report

The treasury and opposition benches in the Senate on Tuesday called for a discussion on the State Bank of Pakistan's report on the national economy. Both sides contended on a series of points of order that the report either be debated in the House or refe
Published 03 Nov, 2004 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 03 Nov, 2004 12:00am
Jinnah Avenue declared silent zone

Jinnah Avenue declared silent zone

Islamabad traffic police has declared Jinnah Avenue Blue Area (JABA) as Silent zone (Horn free road) to bring improvement in traffic system and reduce noise pollution.
Published 03 Nov, 2004 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Tuesday (November 02, 2004).

Published 03 Nov, 2004 12:00am
Rs 22 billion to be spent on bricks lining of water courses

Rs 22 billion to be spent on bricks lining of water courses

An amount of Rs 22 billion would be spent for bricks linings of 29,000 water courses of Sindh province during the next four years with the objective of managing and saving irrigation water for increase in crop production.
Published 03 Nov, 2004 12:00am
Paper & Paperboard: SECURITY PAPERS LIMITED - Year Ended 30-06-2004

Paper & Paperboard: SECURITY PAPERS LIMITED - Year Ended 30-06-2004

The Prime Minister of Pakistan Shaukat Aziz inaugurated new plant at the Security Papers Limited (SPL) on Saturday 30th October 2004. In the visitors book he wrote, "once again it is pleasure to visit PSPC. It is an excellent example of modern corporate g
Published 03 Nov, 2004 12:00am
136 gangs of criminals busted in 10 months

136 gangs of criminals busted in 10 months

Faisalabad Police busted 136 gangs of criminals busy in rampant dacoities, highway robberies and thefts and nabbed 567 members of these gangs during the past 10 months. This was stated by M Amin Vains, District Police Officer, Faisalabad, here on Tuesday.
Published 03 Nov, 2004 12:00am
Paper & Paperboard: SECURITY PAPERS LIMITED - Year Ended 30-06-2004

Paper & Paperboard: SECURITY PAPERS LIMITED - Year Ended 30-06-2004

The Prime Minister of Pakistan Shaukat Aziz inaugurated new plant at the Security Papers Limited (SPL) on Saturday 30th October 2004. In the visitors book he wrote, "once again it is pleasure to visit PSPC. It is an excellent example of modern corporate g
Published 03 Nov, 2004 12:00am
THE RUPEE: all round gains on currency market

THE RUPEE: all round gains on currency market

The rupee extended overnight gains versus dollar in the inter-bank market on Tuesday, picking up 30 paisa at Rs 60.55 and Rs 60.60 on the buying and selling counters, respectively. Last week, the SBP decision had made the availability of dollars easier in
Published 03 Nov, 2004 12:00am
'Government to boost trade with Saarc states'

'Government to boost trade with Saarc states'

A former senior vice-chairman of Faisalabad Dry Port Trust, Fahim Mahmood Shah, hosted an Iftar dinner at his residence in Civil Lines here on Monday for Mushtaq Ali Cheema, Federal Minister for Textile Industry.
Published 03 Nov, 2004 12:00am
THE RUPEE: all round gains on currency market

THE RUPEE: all round gains on currency market

The rupee extended overnight gains versus dollar in the inter-bank market on Tuesday, picking up 30 paisa at Rs 60.55 and Rs 60.60 on the buying and selling counters, respectively. Last week, the SBP decision had made the availability of dollars easier in
Published 03 Nov, 2004 12:00am
Ghaibana Namaz-e-Janaza offered

Ghaibana Namaz-e-Janaza offered

Ghaibana Namaz-e-Janaza of Mian Muhammad Sharif was held on Tuesday in District Court which was largely attended by the lawyers of opposition parties, elite of the area, and activists of PPP and PNL-N, PDP, Tehrik-e-Insaf and MMA.
Published 03 Nov, 2004 12:00am
Customs duty on import of softwares

Customs duty on import of softwares

Chairman CBR should look into the matter of unannounced imposition of 25% customs duty on software products by customs authorities. Earlier, the software products were imported under HS Code 9934:0000 and were exempted from customs duty and sales tax.
Published 03 Nov, 2004 12:00am
Algeria and France mend ties to bury a tough past

Algeria and France mend ties to bury a tough past

Half a century after the start of Algeria's war of independence, ties between Paris and Algiers have improved to the point of planning a friendship treaty next year.
Published 03 Nov, 2004 12:00am
Voluntary tax compliance: challenges and solutions-III

Voluntary tax compliance: challenges and solutions-III

The use of "exincome" flows a concept of expenditure-income ("exincome") flows should be developed to create a system that can collect and process information needed by field formations rather than work with what they passively received.
Published 03 Nov, 2004 12:00am
A proven case of insider trading

A proven case of insider trading

SECP decision: The recent decision made by the Securities and Exchange Commission of Pakistan (SECP) in the matter of show cause notice issued to Pakistan-Kuwait Investment Company (Pvt) Limited (PKIC) circulated to all stock exchanges regarding the insid
Published 03 Nov, 2004 12:00am
Rebuilding Karachi's infrastructure

Rebuilding Karachi's infrastructure

Speaking as chief guest at the ground-breaking ceremony of Karachi Port Trust's Rs 606 million three-tier flyover on Korangi Road, last Saturday, Prime Minister Shaukat Aziz seems to have deemed it politic to reiterate the government's commitment to inter
Published 03 Nov, 2004 12:00am
Time for "a grand national reconciliation"

Time for "a grand national reconciliation"

In a startling statement in the Senate on Saturday, Senator Mushahid Hussain, extended a hand of reconciliation towards the two major Opposition parties, the PPP and the PML-N. Said he, "time has come for a grand national reconciliation... all political p
Published 03 Nov, 2004 12:00am
LCCI and PHDCCI to form joint committee

LCCI and PHDCCI to form joint committee

The Lahore Chamber of Commerce and Industry (LCCI) and the Punjab-Haryana-Delhi Chamber of Commerce and Industry (PHDCCI) have decided to form a joint committee that will make efforts to promote Indo-Pak business and trade relations. The 12-member committ
Published 03 Nov, 2004 12:00am
Special teams formed to monitor mega projects

Special teams formed to monitor mega projects

Special teams comprising three members each of Chief Minister's Inspection Team (CMIT) have been constituted that would submit its reports to the Punjab Chief Minister about monitoring, quality of work and utilisation of funds in mega projects of agricult
Published 03 Nov, 2004 12:00am
Students convention arrangements reviewed

Students convention arrangements reviewed

Punjab University (PU) vice-chancellor Arshad Mahmood chaired a meeting here on Tuesday, to review the arrangements of the Provincial Students Convention to be held in the first week of December at Aiwan-i-Iqbal.
Published 03 Nov, 2004 12:00am
Women cricket being promoted: PBC

Women cricket being promoted: PBC

The chairman, Pakistan Cricket Control Board (PCB), Shaharyar Khan, has said that Meera Phailbus has agreed to become the National Convener of Women's cricket in Pakistan. Mrs Phailbus has recently retired after 32 years as the principal of Kinnaird Colle
Published 03 Nov, 2004 12:00am
Dawlance Mela

Dawlance Mela

Dawlance a leading brand of home appliances in collaboration with Habib Bank Limited and Fridge Center is celebrating a 'Dawlance Mela' at Mughl-e-Azam Hall Barkat Market Lahore. The Mela that commenced late last month will continue till November 7.
Published 03 Nov, 2004 12:00am
Pak-Gulf Leasing approves audited accounts

Pak-Gulf Leasing approves audited accounts

The annual general meeting (AGM) of Pak-Gulf Leasing Company Ltd was held on October 30th 2004 at the registered office of the company to approve the audited accounts of the company for the year ended June 30th 2004. Chairman of the Board Sohail Inam Ella
Published 03 Nov, 2004 12:00am