News Archives for Print - 2005-02-13

Print - 2005-02-13

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended Saturday (February 12, 2005).

Published 13 Feb, 2005 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 13 Feb, 2005 12:00am

KKI closing rates of currency notes

Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Saturday (February 12, 2005).

Published 13 Feb, 2005 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Saturday (February 12, 2005).

Published 13 Feb, 2005 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (February 12, 2005).

Published 13 Feb, 2005 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (February 12, 2005).

Published 13 Feb, 2005 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 Saturday (February 12, 2005).

Published 13 Feb, 2005 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 Saturday (February 12, 2005).

Published 13 Feb, 2005 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 Saturday (February 12, 2005).

Published 13 Feb, 2005 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Saturday (February 12, 2005).

Published 13 Feb, 2005 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Saturday (February 12, 2005).

Published 13 Feb, 2005 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 Saturday (February 12, 2005).

Published 13 Feb, 2005 12:00am

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Saturday (February 12, 2005).

Published 13 Feb, 2005 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Saturday (February 12, 2005).

Published 13 Feb, 2005 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 13 Feb, 2005 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 13 Feb, 2005 12:00am

Karachi interbank rates

Karachi interbank rates on Saturday (February 12, 2005).

Published 13 Feb, 2005 12:00am

Singapore bunker fuel prices up

Singapore bunker prices rose on Friday, tracking higher fuel oil cargo values. Bunker fuel of 380-centistoke (cst) grade was pegged at $191-$193 a tonne, up $2.00 from the previous trading day, narrowing the premium to cargo levels by $1.13 to $1.88 a ton

Published 13 Feb, 2005 12:00am

Novo port exports first crude oil

Russia's main Black Sea port of Novorossiisk has reopened after a six-day closure and has exported the first crude oil since February 4, shipping sources told Reuters on Friday. "The port has finally reopened. Four vessels are now alongside and the Hawaii

Published 13 Feb, 2005 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 104,100 tonnes of cargo including 78,602 tonnes import and 25,498 tonnes export inclusive of 3,365 containers, during last 24 hours ending at 0700 hours on Saturday. The cargo comprised of 49,555 tonnes dry cargo including 49,027

Published 13 Feb, 2005 12:00am

Mexico considering new LNG terminal for Pacific coast

Mexico is considering allowing a third liquefied natural gas (LNG) terminal to be built off its north Pacific coast, even as environmentalists are fighting advanced plans for two other terminals. The Environment Ministry is studying an application from an

Published 13 Feb, 2005 12:00am

Brazilian sugar vessels line-up falls

The line-up of vessels waiting to load sugar in Brazil's ports decreased to 38 from 44 last week, shipping agent Williams said on Thursday. Its weekly report had 22 vessels lined up in the southern port of Santos, down from 26 last week. At Maceio in nort

Published 13 Feb, 2005 12:00am

CMB denies sale of Mineral Shanghai vessel

Belgian shipping group CMB said on Thursday it had not sold the capsize vessel Mineral Shanghai, denying a report cited earlier in an analyst note. But CMB director Ludwig Criel told Reuters the group was in talks to possibly sell another vessel, the CMB

Published 13 Feb, 2005 12:00am

Indian firm buys 40,000 tonnes of raw sugar

An Indian firm has bought 40,000 tonnes of raw sugar at $255 per tonne cost and freight for delivery in March, a company official said on Friday. "The sugar was purchased last week from Brazil for a mill based in western India," the official told Reuters

Published 13 Feb, 2005 12:00am

Ukraine October-December 2004 sunoil exports down

Ukraine exported 168,000 tonnes of sunflower oil in October-December 2004, down from 270,600 tonnes in the same period of 2003 after a decline in the sunseed output, analysts said on Friday. They said the country shipped 65,700 tonnes of sunoil in Decembe

Published 13 Feb, 2005 12:00am

Tata Tea considers sale or lease of 17 tea estates

India's top tea producer Tata Tea Ltd. will consider a proposal to sell or lease 17 of its tea estates to a company backed by employees, the company said on Friday. Tata Tea, part of India's powerful Tata group, will also consider either selling or leasin

Published 13 Feb, 2005 12:00am

Copal sees cocoa supply to exceed demand

The Cocoa Producers' Alliance (COPAL) expects global cocoa supply to exceed demand by around 50,000 tonnes this year, in contrast to market expectations of a deficit, Secretary-General Sona Ebai said on Friday. "I don't think we will see a deficit this ye

Published 13 Feb, 2005 12:00am

Drought cut Kazakh 2004/05 wheat crop: USDA

Drought reduced Kazakhstan's wheat production to an estimated 9.95 million tonnes in 2004/05, down from 11.50 million tonnes in the previous year, the US Agriculture Department said on Wednesday. Kazakhstan's key wheat-growing region is subject to serious

Published 13 Feb, 2005 12:00am

Copper futures in Asia build on offshore strength

Copper futures rose in Asia on Friday, building on offshore gains despite subdued trading across the region due to holidays in some countries. Dealers said copper was in the upper end of a wide technical trading range that could see a push toward prices l

Published 13 Feb, 2005 12:00am

Soyabeans rally on short-covering

The Chicago Board of Trade soyabean market climbed more than 10 cents per bushel on Friday on follow-through short covering by funds, traders said.

Published 13 Feb, 2005 12:00am

CBOT rice futures end firm in thin trade

Rough rice futures at the Chicago Board of Trade settled higher on Thursday as local traders covered short positions ammid thin volume, traders said "Locals were lifting their short positions ... evening up. Buy stops were hit above $6.70 in March," a flo

Published 13 Feb, 2005 12:00am

Comex copper slips

US copper futures settled a bit lower on Friday, consolidating in a higher range following Thursday's rally as some early morning profit-taking and arbitrage selling gave way to short-covering later in the day, dealers said. "We held the gains made yester

Published 13 Feb, 2005 12:00am

New York gold, silver higher on fund buying

US silver futures closed at a two-month peak on Friday while gold hit a nine-day high, fuelled by speculative fund buying due to a softer dollar late this week, dealers said. Silver for March delivery rose 24.5 cents, or 3.5 percent, to end at $7.21 an ou

Published 13 Feb, 2005 12:00am

New York sugar easier on heavy switch trade

Raw sugar futures finished softer Friday on speculative liquidation as investors unwound positions in spot March, although news of consumer buying should keep values supported into next week, brokers said. The New York Board of Trade's March raw sugar con

Published 13 Feb, 2005 12:00am

Oil prices climb; coffee and sugar reach multi-year high

Crude oil prices rose last week as data from the International Energy Agency (IEA) pointed to an oil market tighter than previously thought and after the United States reported heavy falls in crude and distillates stockpiles. Gold led precious metals high

Published 13 Feb, 2005 12:00am

Indian firms win Bangladeshi rice tender

Indian firms LMJ International and MK International have offered the lowest price and won a tender to sell 70,000 tonnes of non-basmati parboiled rice to Bangladesh at $269.00 per tonne, officials said on Saturday. The consignment is expected to be suppli

Published 13 Feb, 2005 12:00am

CBOT wheat futures down, global wheat stocks weigh

Wheat futures at the Chicago Board of Trade closed lower on Friday as the big global stocks of wheat continue to weigh on prices, traders said. CBOT March wheat closed 1-3/4 cents per bushel lower at $2.94-1/2 per bushel. Other months closed 1-1/2 lower t

Published 13 Feb, 2005 12:00am

Oil cake market rates

Upward trend persisted on the forward cottonseed oilcake market on Saturday in the process of trading, dealers said. The March vaida commenced with 50 paisa loss at Rs 416.50 and that proved to be day's lowest at the same levels. During the day, it gained

Published 13 Feb, 2005 12:00am

Mills buying enhances cotton prices

Firmness prevailed in the cotton market on Saturday as mills' demand accelerated on anticipation of increase in the prices, dealers said. The official spot rate maintained its overnight level at Rs 2150, without upcountry expenses. Cotton prices showed fu

Published 13 Feb, 2005 12:00am

German industry buys cocoa beans

German industry bought cocoa beans as London prices dipped this week, while butter ratios held at recent highs, traders said on Friday. German industry actively bought bean after London's LIFFE futures dropped by as much as three percent on Wednesday but

Published 13 Feb, 2005 12:00am

Kirana items move both ways

The trading on Kirana items moved both ways here on Jodia Bazar on Saturday.

Published 13 Feb, 2005 12:00am

Mixed trend seen on grain markets

Mixed trend was seen on the grain markets on Saturday as many buyers indulged in fresh buying , dealers said. On the seed side, cottonseed oilcake with bag better type shed rupees five to Rs 425, while the other type maintained its overnight levels at Rs

Published 13 Feb, 2005 12:00am

Greenback rebound far off even if US trade gap slims

Dollar investors looking to US trade data for clues to the greenback's direction will be disappointed if history repeats itself. The outlook is for the dollar to decline further despite any improvement in the nation's current account deficit, of which the

Published 13 Feb, 2005 12:00am

Dollar steadies after wobble on trade doubts

The US dollar stabilised as liquidity thinned entering the Asian time zone, having weakened as deficit concerns resurfaced ending several days of gains. Asian trading is likely to be light with Japan and several other countries in the time zone closed for

Published 13 Feb, 2005 12:00am

Dollar steady against euro; market eyes Greenspan

The dollar stuck in ranges against the euro on Friday as dealers wondered whether the dollar's recent rally was fading ahead of key testimony on monetary policy from Federal Reserve Chairman Alan Greenspan and the release of US asset flows data for Decemb

Published 13 Feb, 2005 12:00am

Bangladesh interbank forex and interest rates

Interbank buy/sell rates for the taka against the dollar on Saturday. 63.0/63.15 (previous 63.0/63.15). Call Money Rates: 5.0-25.0 percent (previous 7.0-40.0 percent). The Bangladesh central bank said on Saturday it had accepted one-day repos worth 3.55 b

Published 13 Feb, 2005 12:00am

Canadian dollar builds on gains

The Canadian dollar strengthened on Friday, capping a sharp reversal from early-week softness, as the US currency slid further after falling hard in the previous session. Domestic bond prices eased in thin trade, as traders looked ahead to central bank sp

Published 13 Feb, 2005 12:00am

IMM speculators go net long dollar; first time since May

Currency speculators in the Chicago futures market were net buyers of dollars in the week to Tuesday for the first time in eight months, an analyst said on Friday. This is the first net long dollar position on the International Monetary Market futures sin

Published 13 Feb, 2005 12:00am

Chile stocks close little lower

Chile stocks dipped slightly on Friday as two big retailers lost ground after denying they are considering a merger, and as the entire market slowed down at the height of the summer vacation season. The IPSA index of the 40 most-liquid stocks on the Santi

Published 13 Feb, 2005 12:00am

US corporate bonds flat

Spreads on US corporate bonds were unchanged to slightly tighter on Friday and activity was slow as a week of scant new issuance curtailed turnover in the secondary market. Spreads will likely remain range-bound for the near term because investors view th

Published 13 Feb, 2005 12:00am

US corporate bonds flat

Published 13 Feb, 2005 12:00am

Brazilian markets rise on foreign inflows

Strong capital inflows from foreign investors on Friday led Brazil's stocks to a new record close and the country's currency to its strongest level in 2-1/2 years. Experts said that expectations of milder monetary policy in the United States, reflected in

Published 13 Feb, 2005 12:00am

US Treasuries decline, absorbing supply

US Treasury prices slipped on Friday as the market absorbed new supply from the Treasury's $51 billion quarterly refinancing and looked ahead to congressional testimony from Fed Chairman Alan Greenspan. "It's the aftermath of the auctions combined with a

Published 13 Feb, 2005 12:00am

US Treasuries decline, absorbing supply

Published 13 Feb, 2005 12:00am

Eurostocks: results, M&A and buy-backs to boost shares

European shares look set to build on 2-1/2 year highs next week, fuelled by a heady cocktail of share buybacks, steady corporate profit growth and M&A activity. Banks will feature strongly among the companies lining up to present their results. Standard C

Published 13 Feb, 2005 12:00am

Argentinean stocks soar

Argentina stocks chalked up a seventh straight day of gains to touch new historic highs on Friday as investors grew confident that the government's controversial debt swap would end three years of default. The MerVal index of the 12 leading stocks climbed

Published 13 Feb, 2005 12:00am

American credit market outlook

By some measures, CenturyTel Inc's credit looks a little overpriced, but investors betting that its credit spreads will worsen have been and could continue to be wrong for a long time. There are risks linked to the credit. Investors are concerned that man

Published 13 Feb, 2005 12:00am

American credit market outlook

Published 13 Feb, 2005 12:00am

Canadian bonds ease

The Canadian bonds slipped on Friday, following the lead of weaker US treasuries, but ended the session little changed as flows dried up ahead of the weekend. Next week, the market will be closely watching December manufacturing and wholesale trade data,

Published 13 Feb, 2005 12:00am

Canadian bonds ease

Published 13 Feb, 2005 12:00am

Mexican stocks jump

Mexican stocks edged up on Friday to close at a record high for the seventh straight session, after the central bank left monetary policy flat and as steelmaker Hylsamex rose on talk it could be acquired. The IPC benchmark stock index ended with a 0.04 pe

Published 13 Feb, 2005 12:00am

Toronto stocks hit highest close since December 2000

Toronto stocks rallied to their fifth consecutive week of gains and their highest close in more than four years on Friday as firm gold and oil prices boosted resource issues while news from Apple Computer underpinned tech stocks. The Toronto Stock Exchang

Published 13 Feb, 2005 12:00am

Emerging debt spreads narrow

Emerging market debt spreads narrowed slightly in thin trade on Friday following a rise in the yield of benchmark 10-year US Treasury notes. Overall the J.P. Morgan Emerging Markets Bond Index Plus (EMBI+) narrowed 3 basis points to 355 points over Treasu

Published 13 Feb, 2005 12:00am

Emerging debt spreads narrow

Published 13 Feb, 2005 12:00am

Van der Moolen says to end stock lending

Dutch specialist market maker Van der Moolen Holding said on Friday that an inquiry by the New York Stock Exchange into its stock lending practices was prompting it to close down the operation. Based in part on the NYSE inquiry and an internal review, Van

Published 13 Feb, 2005 12:00am

US stocks finish firmer on Apple and chips' strength

US stocks rose on Friday, with the Dow and S&P carving out 2005 highs as the mood toward technology brightened, helped by Apple Computer Inc.'s announcement of a stock split. Semiconductor stocks, including Intel Corp and Applied Materials Inc, rose, boos

Published 13 Feb, 2005 12:00am

Belgium catalogue show

The Embassy of Belgium, Islamabad, has organised a catalogue show in collaboration with the Faisalabad Chamber of Commerce and Industry (FCCI) here on February 15. The catalogue relates to sectors such as iron and steel, automobiles, communication technol

Published 13 Feb, 2005 12:00am

Modern system to explore minerals soon

A modern management system would be evolved for the exploration of mineral resources of the province and necessary instructions have been issued to the concerned quarters. Punjab Mines and Minerals (M&M) Minister, Muhammad Sibtain Khan expressed these vie

Published 13 Feb, 2005 12:00am

'National Children Day' on February 15

Prime Minister, Shaukat Aziz will inaugurate National Children Day on February 15 at Convention Centre. He will also sign the pledge "Say Yes to Child Rights Movements in Pakistan". Federal Minister for Social Welfare, Zobaida Jalal and Secretary Ministry

Published 13 Feb, 2005 12:00am

PHMA opposes raise in gas tariff

North Zone Pakistan Hosiery Manufacturers Association (PHMA) Vice-Chairman Salamat Ali has strongly opposed the increase in gas tariff by the Oil and Gas Regulatory Authority (Ogra). Talking to newsmen, he said the authority had allowed increasing the gas

Published 13 Feb, 2005 12:00am

Journalists asked to support 'Shed Weapons, Pick Pen Campaign'

Corps Commander Peshawar Lieutenant General Safdar Hussain has called upon the tribal journalists to fully support the government in its campaign "Shed Weapons and Pick Pen" in tribal areas for enhancing literacy rate. The Corps Commander was talking to a

Published 13 Feb, 2005 12:00am

Balochistan Assembly meeting postponed

Balochistan Governor Owais Ahmed Ghani has postponed the meeting of the Provincial Assembly till March 15, an official notification issued here on Saturday said. The meeting had earlier been summoned on February 15 through another notification by the Gove

Published 13 Feb, 2005 12:00am

Meeting on water policy on Tuesday

Federal Minister for Water and Power Liaquat Ali Jatoi has convened special meeting on water policy for its finalisation for submission to the Cabinet for approval. The meeting will be held on Tuesday and the Chairman Federal Flood Commission will brief t

Published 13 Feb, 2005 12:00am

Natwar condoles with Kasuri over loss of life in rains

Indian External Affairs Minister Kanwar Natwar Singh telephoned Foreign Minister Khurshid Kasuri on Saturday to convey his condolence over the death and destruction caused by the heavy rains in the country. Foreign Minister Natwar Singh requested Foreign

Published 13 Feb, 2005 12:00am

Nawaz-BB meeting no threat to government: Rashid

Information and Broadcasting Minister Sheikh Rashid Ahmed has said the meeting between Nawaz Sharif and Benazir Bhutto is no threat to the contacts between the government and Pakistan People's Party Parliamentarian (PPPP). In a telephonic interview to a p

Published 13 Feb, 2005 12:00am

Indian businessmen visit Thatta

A 35-member delegation of Indian businessmen and traders visited Thatta on Saturday. The delegation was led by a Calcutta based businessman Rao Kumar and included Dr Sanjey Das, Ms. Data Sanada and Ms. Data Gori. The delegates visited various historical s

Published 13 Feb, 2005 12:00am

PTCL to provide 22 scholarships for PhD

Ministry of Information Technology would provide 22 scholarships to young Pakistanis, seeking higher qualifications and research in IT and telecommunication disciplines. The funding for these scholarships will be provided by Pakistan Telecommunication Com

Published 13 Feb, 2005 12:00am

Transfers, postings of civil judges and judicial magistrates

Chief Justice High Court of Sindh on Saturday ordered transfers and postings of the civil judges and judicial magistrates in the public interest with immediate effect.

Published 13 Feb, 2005 12:00am

PCSIR develops 'date syrup'

A team of scientists of Pakistan Council of Scientific and Industrial Research (PCSIR) have developed 'date syrup' which could be used as a light, nourishing drink. Chairman PCSIR Dr Anwar ul Haq told APP on Saturday that Pakistan is the 5th largest date

Published 13 Feb, 2005 12:00am

Kashmir peace moot to open in New York on February 24

The fourth Kashmir Peace conference will be held in New York from February 24 to 25. Announcing this, Kashmiri American Council (KAC) Executive Director Dr Ghulam Nabi Fai on Friday said that hectic preparations are now under way to hold a befitting confe

Published 13 Feb, 2005 12:00am

Religion for job

One of leading Pakistani Engineering Construction Company's employment form bears religion column. What makes sense? Does religion makes someone genius or more competent in his relevant field? people involved in the development of such forms are ignorant

Published 13 Feb, 2005 12:00am

Marketers or profiteers?

On my last visit, my doctor prescribed to me a recently introduced drug, with the option to buy a local or a branded, imported drug, which was naturally more expensive. However, when I went to purchase the medicine, I was shocked to learn the difference i

Published 13 Feb, 2005 12:00am

Counsellors try to wean French teenagers off cannabis

Some French teenagers who are heavy smokers of cannabis are being offered a stark choice in a campaign to get them off drugs - counselling, or expulsion from school. Christophe is one of them. He is sulky as his mother escorts him into the Caan'abus centr

Published 13 Feb, 2005 12:00am

Federal court - a need of time

It is a constitutional obligation of the government vide Article 37 of the Constitution to promote social justice and eradicate social evils, it is also obligatory on the government to ensure inexpensive and expeditious justice vide Article 37 (d) and pro

Published 13 Feb, 2005 12:00am

No more KEPZ exports for tariff areas

Quoting Karachi Export Processing Zone sources, a news report appearing on February 8, pointed to the predicament of a number of industrial units in the zone, which are faced with closure due to Customs restriction on exports of their products to the tari

Published 13 Feb, 2005 12:00am

Empower the Fata people

While addressing members of the Kurram Agency at the inauguration of a community development project, the NWFP Governor, Lieutenant General Syed Iftikhar Hussain Shah, observed that the government will empower the local councils "in line with the district

Published 13 Feb, 2005 12:00am

Mickelson extends lead at Pebble Beach

Phil Mickelson birdied five of his first nine holes to take a four-shot lead after Friday's second round of the 5.3 million dollar Pebble Beach National Pro-Am. Starting on the back nine, Mickelson looked like he was on his way to another historic round a

Published 13 Feb, 2005 12:00am

Murali not a chucker: Warne

Australian leg-spin genius Shane Warne on Saturday brushed aside the controversy over rival Muttiah Muralitharan's bowling action, saying he did not believe the Sri Lankan spinner was a chucker. "The most important thing is that he (Muralitharan) does not

Published 13 Feb, 2005 12:00am

Prime Minister awards SAF Games gold medalist footballers

Prime Minister Shaukat Aziz on Saturday gave away cash prizes to Pakistan's SAF Games gold medalist soccer stars here and urged them to continue to strive for excellence and bring more laurels for the country. He promised all resources to promote the game

Published 13 Feb, 2005 12:00am

South Africa clinch series as rain washes out tie

Herschelle Gibbs hit a flawless century for South Africa before rain washed out the sixth limited overs international against England at Kingsmead on Friday. Gibbs hit 118 in a South African total of 211 all out. England, chasing an adjusted target of 213

Published 13 Feb, 2005 12:00am

Cricket dropped from Asian Games

The likely absence of top stars like Sachin Tendulkar of India and Shoaib Akhtar of Pakistan has forced cricket out of the Asian Games in Qatar next year, the Olympic Council of Asia (OCA) announced here on Saturday. The Asian Cricket Council (ACC), heade

Published 13 Feb, 2005 12:00am

Woolmer's comments sought on umpiring criticism

The Pakistan Cricket Board (PCB) has sought the exact comments made by coach Bob Woolmer against umpiring decisions in Australia, which may lead to a fine or a ban, officials said on Saturday. "Yes, we have sought Woolmer's comments after the Internationa

Published 13 Feb, 2005 12:00am

Austria's Melzer upsets Agassi in San Jose tennis

American Andre Agassi was upset by Austria's Jurgen Melzer 6-3, 6-1 in the quarter-finals of the 380,000 ATP San Jose hardcourt tournament Friday. "It's always tough to come out to play Andre," Melzer said. "I didn't want him to play his game. He makes yo

Published 13 Feb, 2005 12:00am

Fatwa against Rushdie irreversible

Iran's hard-line Revolutionary Guards declared on Saturday that the death sentence passed against British writer Salman Rushdie was irreversible and said Muslims would one day carry it out. The Guards were marking the anniversary of the 1989 fatwa pronoun

Published 13 Feb, 2005 12:00am

Iran starts making torpedoes as atomic threats fly

Iran on Saturday started churning out a production line of torpedoes as pressure mounts against the Islamic Republic, which Washington accuses of seeking to acquire nuclear weapons, state media reported. Defence Minister Ali Shamkhani, in naval uniform, w

Published 13 Feb, 2005 12:00am

Strike paralyses life in Nepal, rebels reject talks

Nepal's Maoist rebels rejected peace talks with the new government and began an indefinite blockade across the landlocked Himalayan kingdom on Saturday to oppose King Gyanendra's assumption of power. The Maoist rebels, trying to topple the monarchy, appea

Published 13 Feb, 2005 12:00am

Gulf Arabs turn to top technology for security

Oil-rich Gulf Arab states are turning to state-of-the-art technology to keep at bay insurgents from nearby Iraq or a spread of al Qaeda violence, military experts said on Saturday. They said Gulf officials have a growing appetite for the latest satellite

Published 13 Feb, 2005 12:00am

Three dead in Togo clash

Togo's army clashed with protesters in the capital Lome on Saturday, killing at least three people, while a government delegation was in Niger to hear a warning from African leaders demanding a return to constitutional rule. Faure Gnassingbe, who was name

Published 13 Feb, 2005 12:00am

North Korea plays for hard bargain with nuclear boast

North Korea has taken a calculated bargaining risk by announcing for the first time it has nuclear weapons, a South Korean official said on Saturday, after the United States rejected North Korean calls for one-on-one talks. Pyongyang's announcement on Thu

Published 13 Feb, 2005 12:00am

Myanmar junta, rivals mark Union Day separately

Myanmar's ruling generals marked the country's national day on Saturday with calls for support of its democracy plan, but the opposition said the plan could not represent peoples' needs without its participation. The junta marked the 58th anniversary of t

Published 13 Feb, 2005 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 3	278.63
USD PKR Interbank Buying / Jan 3	27,843
USD to Japanese Yen / Jan 3	157.26
USD to Swiss Franc / Jan 3	0.91
Pound Sterling to USD / Jan 3	1.24
Euro to USD / Jan 3	1.03

Stock	Volume
S&P 500 / Jan 3	5,942.47
India Sensex / Jan 3	79,223.11
Tokyo Nikkei / Jan 3	39,894.54
Nasdaq / Jan 3	19,621.68
Hang Seng / Jan 3	19,760.27
FTSE 100 / Jan 3	8,223.98
Dow Jones / Jan 3	42,732.13
Germany DAX 30 / Jan 3	19,906.08

Item	Value
Crude Oil USD/Barrel / Jan 3	73.96
Gold 10 Grams PKR / Jan 3	243,488.40
Gold Spot USD/Ounce / Jan 3	2,640.22
Cotton US¢/pound / Jan 3	67.66
Karachi Cotton PKR/37.32 KG / Jan 4	18,285
Petrol/Litre / Jan 5	252.66

Gainers
Losers
Leaders

Stock	Price
Tri-Star Power / Jan 3 Tri-Star Power Limited(TSPL)	6.87 ▲ 1.00 (17.04%)
Dewan Textile / Jan 3 Dewan Textile Mills Limited(DWTM)	7.50 ▲ 0.70 (10.29%)
Pak Gulf Leasing / Jan 3 Pak-Gulf Leasing Company Limited(PGLC)	28 ▲ 2.55 (10.02%)
Asim Textile / Jan 3 Asim Textile Mills Limited(ASTM)	14.72 ▲ 1.34 (10.01%)
Bannu Woollen / Jan 3 Bannu Woollen Mills Limited(BNWM)	39.34 ▲ 3.58 (10.01%)
Ali Asghar / Jan 3 Ali Asghar Textile Mills Limited(AATM)	87.12 ▲ 7.92 (10.00%)
AL-Ghazi Tractors / Jan 3 Al-Ghazi Tractors Limited(AGTL)	692.63 ▲ 62.97 (10.00%)
Arpak Int. / Jan 3 Arpak International Investments Ltd.(ARPAK)	76.89 ▲ 6.99 (10.00%)
Chakwal Spinning / Jan 3 Chakwal Spinning Mills Limited(CWSM)	79.30 ▲ 7.21 (10.00%)

Stock	Price
Khairpur Sug. / Jan 3 Khairpur Sugar Mills Limited(KPUS)	165.85 ▼ -18.43 (-10.00%)
Pak Paper Prod / Jan 3 Pakistan Paper Products Limited(PPP)	163.24 ▼ -18.14 (-10.00%)
Jubilee Spinning / Jan 3 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10.81 ▼ -1.19 (-9.92%)
National Silk / Jan 3 The National Silk & Rayon Mills Limited(NSRM)	49.96 ▼ -5.48 (-9.88%)
Al-Khair Gadoon / Jan 3 Al-Khair Gadoon Limited(AKGL)	37.50 ▼ -3.95 (-9.53%)
Escorts Bank / Jan 3 Escorts Investment Bank Limited(ESBL)	6.22 ▼ -0.63 (-9.20%)
Intermarket Securities / Jan 3 Intermarket Securities Limited(IMS)	67.01 ▼ -6.76 (-9.16%)
Premium Textile / Jan 3 Premium Textile Mills Limited(PRET)	365.10 ▼ -34.90 (-8.72%)
Shahzad Tex. / Jan 3 Shahzad Textile Mills Limited(SZTM)	27.30 ▼ -2.57 (-8.60%)

Stock	Volume
Fauji Foods Ltd / Jan 3 Fauji Foods Limited(FFL)	89,478,727 ▲ 0.26
WorldCall Telecom / Jan 3 Worldcall Telecom Limited(WTL)	72,529,816 ▼ -0.06
Telecard Limited / Jan 3 Telecard Limited(TELE)	61,073,411 ▼ -0.38
Cnergyico PK / Jan 3 Cnergyico PK Limited(CNERGY)	56,752,893 ▲ 0.01
Fauji Cement / Jan 3 Fauji Cement Company Limited(FCCL)	54,319,935 ▼ -2.12
Pace (Pak) Ltd. / Jan 3 Pace (Pakistan) Limited(PACE)	47,336,133 ▲ 0.00
K-Electric Ltd. / Jan 3 K-Electric Limited(KEL)	47,012,733 ▼ -0.21
B.O.Punjab / Jan 3 The Bank of Punjab(BOP)	37,387,280 ▲ 0.11
Bank Makramah / Jan 3 Bank Makramah Limited(BML)	34,237,257 ▲ 0.25

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