AGL 40.21 Increased By ▲ 0.18 (0.45%)
AIRLINK 127.64 Decreased By ▼ -0.06 (-0.05%)
BOP 6.67 Increased By ▲ 0.06 (0.91%)
CNERGY 4.45 Decreased By ▼ -0.15 (-3.26%)
DCL 8.73 Decreased By ▼ -0.06 (-0.68%)
DFML 41.16 Decreased By ▼ -0.42 (-1.01%)
DGKC 86.11 Increased By ▲ 0.32 (0.37%)
FCCL 32.56 Increased By ▲ 0.07 (0.22%)
FFBL 64.38 Increased By ▲ 0.35 (0.55%)
FFL 11.61 Increased By ▲ 1.06 (10.05%)
HUBC 112.46 Increased By ▲ 1.69 (1.53%)
HUMNL 14.81 Decreased By ▼ -0.26 (-1.73%)
KEL 5.04 Increased By ▲ 0.16 (3.28%)
KOSM 7.36 Decreased By ▼ -0.09 (-1.21%)
MLCF 40.33 Decreased By ▼ -0.19 (-0.47%)
NBP 61.08 Increased By ▲ 0.03 (0.05%)
OGDC 194.18 Decreased By ▼ -0.69 (-0.35%)
PAEL 26.91 Decreased By ▼ -0.60 (-2.18%)
PIBTL 7.28 Decreased By ▼ -0.53 (-6.79%)
PPL 152.68 Increased By ▲ 0.15 (0.1%)
PRL 26.22 Decreased By ▼ -0.36 (-1.35%)
PTC 16.14 Decreased By ▼ -0.12 (-0.74%)
SEARL 85.70 Increased By ▲ 1.56 (1.85%)
TELE 7.67 Decreased By ▼ -0.29 (-3.64%)
TOMCL 36.47 Decreased By ▼ -0.13 (-0.36%)
TPLP 8.79 Increased By ▲ 0.13 (1.5%)
TREET 16.84 Decreased By ▼ -0.82 (-4.64%)
TRG 62.74 Increased By ▲ 4.12 (7.03%)
UNITY 28.20 Increased By ▲ 1.34 (4.99%)
WTL 1.34 Decreased By ▼ -0.04 (-2.9%)
BR100 10,086 Increased By 85.5 (0.85%)
BR30 31,170 Increased By 168.1 (0.54%)
KSE100 94,764 Increased By 571.8 (0.61%)
KSE30 29,410 Increased By 209 (0.72%)
Nov 17, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2004-12-09
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Wednesday (December 08, 2004).

Published 09 Dec, 2004 12:00am
Compensation to government employees

Compensation to government employees

Punjab government has notified that compensation would be paid to the bereaved families if any employee dies on duty and this compensation would be excluded from his gratuity, pension and insurance etc. If any department could not pay this compensation du
Published 09 Dec, 2004 12:00am
Plea against doctors' detention to be heard today

Plea against doctors' detention to be heard today

The hearing of constitutional petition filed by the wives of Dr Akmal Waheed and Arshad Waheed was put off on Wednesday till December 9 by a division bench of High Court of Sindh (SHC) comprising Justice Sarmad Jalal Osmany and Justice Amir Hani Muslim.
Published 09 Dec, 2004 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (December 08, 2004).

Published 09 Dec, 2004 12:00am
Developed nations urged to help 3rd World for sustainable uplift

Developed nations urged to help 3rd World for sustainable uplift

Minister for Environments Major Tahir Iqbal (Retd) on Wednesday urged the developed nations to help out the developing nations for putting in place a workable sustainable development mechanism. "Developed nations must express some practicality instead of
Published 09 Dec, 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, December 09, 2004.

Published 09 Dec, 2004 12:00am
ACE initiates probe against Patwari

ACE initiates probe against Patwari

Anti-Corruption Establishment (ACE) has initiated regular inquiry against a Patwari and a police constable who have been accused of bribery. Haji Nawab Khan of Vehari complained to the ACE authorities Patwari Muhammad Abid of Halqa Ahmed Abad allegedly ex
Published 09 Dec, 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, December 09, 2004.

Published 09 Dec, 2004 12:00am
Supreme Court hearing adjourned

Supreme Court hearing adjourned

A three-member bench of the Supreme Court on Wednesday adjourned the case against former Federal Minister, Ehsan-ul-Haq Paracha about Co-operative Societies on the request of the Assistant Advocate General Punjab. The bench of the apex court comprising Ju
Published 09 Dec, 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, December 09, 2004.

Published 09 Dec, 2004 12:00am
Railways underpass at Sangla Hill inaugurated

Railways underpass at Sangla Hill inaugurated

Federal Minister for Railways, Mian Shamim Haider has said that a programme is being carried out for modernisation of railways with a view to providing the best travel facilities to people and making it a profit-earning institution. Inaugurating the railw
Published 09 Dec, 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 (December 08, 2004).

Published 09 Dec, 2004 12:00am
Speakers stress tripartite talks on Kashmir

Speakers stress tripartite talks on Kashmir

Speakers here on Wednesday at a seminar on "Kashmir- its solution and options most feasible" were unanimous on the settlement of the dispute through tripartite talks and opposed all options that could lead to the division of Kashmir. The seminar was arran
Published 09 Dec, 2004 12:00am
Barlas laid to rest

Barlas laid to rest

A renowned businessman and chairman of Vital Limited, Mirza Muhammad Iqbal Barlas father of Khalid Iqbal Barlas laid to rest in a local graveyard here on Wednesday afternoon in presence of hundred people. People belonging to different walks of life includ
Published 09 Dec, 2004 12:00am
IBP to organise talk on 'Fall of Dollar: Causes and Consequences'

IBP to organise talk on 'Fall of Dollar: Causes and Consequences'

The Institute of Bankers Pakistan (IBP) will organise a talk on 'Fall of Dollar: Causes and Consequences' on December 10. Najam Saqib Khan, who had served as ambassador to Kuwait, Saudi Arabia, and Japan, will express his views on the topic, said an IBP a
Published 09 Dec, 2004 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (December 08, 2004).

Published 09 Dec, 2004 12:00am
Additional charge for Azhar Majid

Additional charge for Azhar Majid

Collector of Model Customs Collectorate Azhar Majid Khalid has been given the additional charge of Collector of Customs (Appraisement) at Karachi Customs House. He has replaced Mohammad Afzal Bhatti, who has been transferred as Collector, Adjudication, La
Published 09 Dec, 2004 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (December 08, 2004).

Published 09 Dec, 2004 12:00am
'Canadian companies to be persuaded for investment in Pakistan'

'Canadian companies to be persuaded for investment in Pakistan'

Realising tremendous economic growth, taking place in Pakistan, the Canadian government is taking necessary steps to persuade its companies to come forward and make investment to take benefit of the investment opportunities available in the country, parti
Published 09 Dec, 2004 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (December 08, 2004).

Published 09 Dec, 2004 12:00am
CDA fetches over Rs 2.426 billion through plots' sale

CDA fetches over Rs 2.426 billion through plots' sale

The Capital Development Authority (CDA) fetched over Rs 2.426 billion through selling of two commercial plots in Blue Area, allocated for the construction of high-rise buildings in the federal capital here on Tuesday. However, the capital civic body withd
Published 09 Dec, 2004 12:00am
Strategy being designed for surgical industry upgradation

Strategy being designed for surgical industry upgradation

The chief executive officer Small and Medium Enterprise Development Authority (Smeda) Shahab Khawaja has said that a strategy is being evolved for enhancing the export of surgical instruments and upgradation of the industry. Talking to Business Recorde
Published 09 Dec, 2004 12:00am
THE RUPEE: modest fall in open market versus dollar

THE RUPEE: modest fall in open market versus dollar

The rupee on Wednesday shed 10 paisa in the open market for buying and selling at Rs 60.00 and Rs 60.05 for a dollar, dealers said. Slight increase in demand for dollars pushed the local currency value down in the local market, they added. The euro, howev
Published 09 Dec, 2004 12:00am
Rs 10 million released for up-gradation of Dargai hospital

Rs 10 million released for up-gradation of Dargai hospital

On the special instructions of the President General Pervez Musharraf the federal government has released funds amounting to Rs 10 million to the provincial government of NWFP for the up-gradation of government hospital at Dargai. This was stated by the P
Published 09 Dec, 2004 12:00am
THE RUPEE: modest fall in open market versus dollar

THE RUPEE: modest fall in open market versus dollar

The rupee on Wednesday shed 10 paisa in the open market for buying and selling at Rs 60.00 and Rs 60.05 for a dollar, dealers said. Slight increase in demand for dollars pushed the local currency value down in the local market, they added. The euro, howev
Published 09 Dec, 2004 12:00am
Government urged to take action for POPs elimination

Government urged to take action for POPs elimination

Several South Asian public interest groups have demanded of the Government of Pakistan to take action to eliminate Persistent Organic Pollutants (POPs). They said, "POPs is a global menace adversely affecting environment and human health, particularly tha
Published 09 Dec, 2004 12:00am
Housing schemes for low-income people soon

Housing schemes for low-income people soon

The Punjab government will set up housing schemes over an area of 450 acres at Sargodha, Faisalabad, Khanewal, Lahore and Layyah and would distribute 8,500 residential plots to low-income people. Punjab Minister for Housing and Urban Development, Syed Raz
Published 09 Dec, 2004 12:00am
EU-approved fish processing plants facing water, power problems

EU-approved fish processing plants facing water, power problems

European Union approved fish processing plants at the Karachi Fish Harbour are facing acute water and electricity problems for the last many months. The apathy of civic agencies towards solving problems of these plants has resulted in an increase of cost
Published 09 Dec, 2004 12:00am
Buyers cancelling export orders of knitted shirts from US

Buyers cancelling export orders of knitted shirts from US

Export orders of knitted shirts (Cat-338) from the US were being cancelled by the buyers because Pakistan has been unable to meet delivery schedules due to textile quota problems. Pakistan Hosiery Manufactures Association (North Zone) Chairman Adil Butt e
Published 09 Dec, 2004 12:00am
Lost infant's family threatens en bloc self-immolation

Lost infant's family threatens en bloc self-immolation

The family members of the missing infant from Lady Reading Hospital (LRH) on Tuesday threatened for self-immolation if law-enforcing agencies failed in taking action against top officials of the hospital and recovery of the infant. Those who given the thr
Published 09 Dec, 2004 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Wednesday (December 08, 2004).

Published 09 Dec, 2004 12:00am
IESCO to set up Complaint and Monitoring Cell

IESCO to set up Complaint and Monitoring Cell

Islamabad Electric Supply Company (IESCO) will set up its central 'Complaint and Monitoring Cell' at its headquarters, which would function under direct supervision of the Chief Executive Officer (CEO) IESCO, it was learnt on Wednesday. The entire set up
Published 09 Dec, 2004 12:00am
'Punjab University judiciously utilising HEC funds'

'Punjab University judiciously utilising HEC funds'

Punjab University vice-chancellor Arshad Mahmood has said that the university has been fully utilising Higher Education Commission (HEC) funds following the university policy approved by the syndicate. He was speaking at the foundation stone laying ceremo
Published 09 Dec, 2004 12:00am
Member to Member

Member to Member

Members have subsequently reported the transactions on Wednesday (December 08, 2004).

Published 09 Dec, 2004 12:00am
262 foreigners languishing in Adiala jail

262 foreigners languishing in Adiala jail

Global Foundation has expressed serious concern over the delay in release of 262 foreign prisoners, languishing in Adiala jail in spite of completing their sentence in the jail. In a report issued by Syed Ulfat Kazmi, Global Foundation president and a vet
Published 09 Dec, 2004 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Wednesday (December 08, 2004).

Published 09 Dec, 2004 12:00am
Call to establish branches of banks on inter-Saarc basis

Call to establish branches of banks on inter-Saarc basis

Branches of different banks should be established on inter-Saarc basis and a joint strategy to handle International affairs in International Institutions like World Trade Organisation (WTO), United Nations Commission on Trade And Development (UNCTAD), UNO
Published 09 Dec, 2004 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 09 Dec, 2004 12:00am
AEF announces $25,000 grant to United Way International

AEF announces $25,000 grant to United Way International

The American Express Foundation (AEF) announced a grant of $25,000 to United Way International to support the Shigar Port, a project of the Aga Khan Cultural Service, Pakistan. Nadeem Karamat of the American Express handed over a cheque of $425,000 to Akb
Published 09 Dec, 2004 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 09 Dec, 2004 12:00am
EPB fails to acquire space in 'HOGER Textile Fair'

EPB fails to acquire space in 'HOGER Textile Fair'

The Export Promotion Bureau (EPB) has failed to acquire space for Pakistani stalls in "HOGER Textile Fair" to be held in Spain on January 22-25. Earlier, in June this year, the EPB has extensively advertise the booking for "HOGER Textile Fair".
Published 09 Dec, 2004 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Wednesday (December 08, 2004).

Published 09 Dec, 2004 12:00am
Pakistan asked to improve image in West

Pakistan asked to improve image in West

Leader of five-member Swiss delegation George Staiger has urged upon Pakistan to improve its perception in the West because it was a great hindrance in maintaining trade relationship with Western community. He made this observation at a meeting with indus
Published 09 Dec, 2004 12:00am
Directive to complete Afghan DPs census by December 15

Directive to complete Afghan DPs census by December 15

Census and registration of Afghan refugees in Peshawar district has started in full swing and all the Union Secretaries have been directed to complete the first phase of the process by December 15. A press release issued by the Secretary District Council
Published 09 Dec, 2004 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 09 Dec, 2004 12:00am
ICCS to set up plant biotech park

ICCS to set up plant biotech park

In collaboration with the Higher Education Commission, the HEJ. Research Institute of Chemistry, University of Karachi will establish a 'Plant Biotechnology Park' at the cost of Rs 60 million. Besides the park, the institute will also set up a 'Medicinal
Published 09 Dec, 2004 12:00am
Faysal Balanced Fund offers discount till December 31

Faysal Balanced Fund offers discount till December 31

Faysal Asset Management Ltd has offered 100 percent discount on upfront sales load for its flagship product, Faysal Balanced Growth Fund (FBGF). This was announced at a press conference. The offer is valid on all units of FBGF purchased during December 20
Published 09 Dec, 2004 12:00am
Faysal Balanced Fund offers discount till December 31

Faysal Balanced Fund offers discount till December 31

Faysal Asset Management Ltd has offered 100 percent discount on upfront sales load for its flagship product, Faysal Balanced Growth Fund (FBGF). This was announced at a press conference. The offer is valid on all units of FBGF purchased during December 20
Published 09 Dec, 2004 12:00am
Trade bodies advised to set up SME support committees

Trade bodies advised to set up SME support committees

In order to bolster the government's efforts for the promotion and development of SMEs, the Union of Small & Medium Enterprises (Unisame) has advised all trade bodies to set up SME support committees. President Unisame, Zulfikar Thaver, in various message
Published 09 Dec, 2004 12:00am
'Bangladesh keen to expand trade ties with Pakistan'

'Bangladesh keen to expand trade ties with Pakistan'

Bangladeshi government has shown keen interest to further improve and expand bilateral trade relations with Pakistan. They have also shown interest in exporting Bangladeshi tea to Pakistan. Pakistan is one of the biggest tea markets and the world's third
Published 09 Dec, 2004 12:00am
Literacy project to be launched in 4 Punjab districts

Literacy project to be launched in 4 Punjab districts

In order to achieve 100 percent literacy rate, a project would be launched in four model districts of the province including Khanewal, Mandi Bahauddin, Khushab and Dera Ghazi Khan, while Japan International Co-operation Agency (JICA) would collect literac
Published 09 Dec, 2004 12:00am
Lifting of ban on import of used autoparts demanded

Lifting of ban on import of used autoparts demanded

All Pakistan Used Autoparts Dealers Association President, Mian Mohammad Aslam has appealed to Prime Minister, Shaukat Aziz, Federal Industries and Production Minister, Jehangir Khan Tareen and Commerce Minister, Humayun Akhtar Khan to lift ban on import
Published 09 Dec, 2004 12:00am
Poverty termed main cause of illiteracy and dropouts

Poverty termed main cause of illiteracy and dropouts

Federal Minister for Education Lieutenant General Javed Ashraf Qazi (Retd) has said that poverty is main cause of high illiteracy and dropouts from schools. He was addressing at a function "PostCards to the President" organised by the "SPARC" in connectio
Published 09 Dec, 2004 12:00am
375,000 jobs in telecom sector in next 5 years: PTA

375,000 jobs in telecom sector in next 5 years: PTA

Telecommunication sector would produce about 375,000 new vacancies across the country during next five years, said Pakistan Telecommunication Authority (PTA) Chairman Major General (Retd) Shahzada Alam Malik on Wednesday. Talking to a private TV channel,
Published 09 Dec, 2004 12:00am
Wheat sown over 5.397 million hectares

Wheat sown over 5.397 million hectares

Wheat sowing has been completed over an area of 5.397 million hectares registering 3.7 percent increase in the corresponding period of the last year. However, the area sown is 65.1 percent of the target of 8.29 million hectares set by the Federal Agricult
Published 09 Dec, 2004 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on Wednesday (December 08, 2004).

Published 09 Dec, 2004 12:00am
Resolution of political disputes must to counter terrorism: Musharraf

Resolution of political disputes must to counter terrorism: Musharraf

President General Pervez Musharraf on Thursday underlined the urgent need to address terrorism in its strategic long-term perspective through resolution of political disputes, cautioning that durable peace and stability would remain elusive without addres
Published 09 Dec, 2004 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on Wednesday (December 08, 2004).

Published 09 Dec, 2004 12:00am
Qayyum favours Indian proposal of entry permits

Qayyum favours Indian proposal of entry permits

Azad Jammu and Kashmir former premier Sardar Abdul Qayyum Khan while favouring Indian proposal about travelling of Kashmiris from both sides of the Line of Control on entry permit on Wednesday said it should have done without any reservation. In an interv
Published 09 Dec, 2004 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on Wednesday (December 08, 2004).

Published 09 Dec, 2004 12:00am
Civil Aviation Authority turns 22

Civil Aviation Authority turns 22

The administration of Civil Aviation Authority (CAA) organised a function at Allama Iqbal International Airport in connection with celebrations of 22nd birth anniversary of CAA. The general managers and officers largely attended the function. The officers
Published 09 Dec, 2004 12:00am
Trade team to explore Eritrean markets

Trade team to explore Eritrean markets

Pakistan will send a delegation of businessmen and economic experts to Eritrea to explore and identify areas of co-operation between the two countries. The decision to this effect came here on Wednesday at a meeting of Eritrean delegation with Prime Minis
Published 09 Dec, 2004 12:00am
Car prices: minister denies corruption charges

Car prices: minister denies corruption charges

Industries and Production Minister Jahangir Tareen on Wednesday said that it would not be easy to level corruption charges against him for favouring local car manufacturing companies. "It is not easy to level corruption charges against me in car prices is
Published 09 Dec, 2004 12:00am
62 percent increase in FDI encouraging sign: Hafeez

62 percent increase in FDI encouraging sign: Hafeez

Pakistan during July-October of the current financial year attracted foreign direct investment (FDI) of $275.3 million as compared to $17.3 million for the same period of the last year, showing an increase of 62 percent. "It is an encouraging sign," Inves
Published 09 Dec, 2004 12:00am
'EU must ensure continuity of understanding on market access'

'EU must ensure continuity of understanding on market access'

Pakistan economy has vulnerable export base so the European Union should ensure continuity of their understanding on the issue of market access. Commerce Secretary Tasneem Noorani stated this during his meetings with Amadeo Teti, Director General for Exte
Published 09 Dec, 2004 12:00am
Two dacoits killed

Two dacoits killed

Two dacoits were killed and two arrested along with four TT pistols and rounds in an early morning encounter with police in Phase I of Defence Housing Society here on Wednesday. Police have registered a case and are investigating.
Published 09 Dec, 2004 12:00am
No foreign troops involved in Waziristan operation: ISPR

No foreign troops involved in Waziristan operation: ISPR

The Director General Inter-Services Public Relations (ISPR), Major General Shaukat Sultan has categorically denied the indulgence of any foreign country troops in the ongoing security forces operations in south and north Waziristan agencies against foreig
Published 09 Dec, 2004 12:00am
PAC dissatisfied over acceptance of defective stores by DGDP

PAC dissatisfied over acceptance of defective stores by DGDP

Public Accounts Committee (PAC) has expressed its dissatisfaction over acceptance of defective stores by the Director General Defence Production (DGDP) worth Rs 11,105,017 causing loss to the national exchequer. The PAC met under the Chairmanship of Malik
Published 09 Dec, 2004 12:00am
Four candidates withdraw nominations in LSE board of directors polls

Four candidates withdraw nominations in LSE board of directors polls

Four candidates out of total 16, who filed their nomination papers to contest elections for five Directors of the Lahore Stock Exchange (LSE) seats, have withdrawn their papers. The scrutiny committee will decide the fate of two other candidates Wasiullah
Published 09 Dec, 2004 12:00am
APNS Award Ceremony on December 13

APNS Award Ceremony on December 13

"The 17th APNS Award Ceremony will be held on December 13, 2004 at Islamabad wherein awards will be distributed among the winners of journalist and advertising awards, an announcement said here on Wednesday. The ceremony will be attended by the publishers
Published 09 Dec, 2004 12:00am
Previous Day