News Archives for Print - 2005-03-28

United Money-Market Fund

The Unit Prices for March 28, 2005.

Published 28 Mar, 2005 12:00am

Kenya Airways plans seven new routes

Kenya's national carrier Kenya Airways (KA) said on Tuesday it planned to start new flights to seven new destinations in 2005, including China and Turkey, as part of a strategy to tap the Asian market. In September 2003, the airline started direct flights

Published 28 Mar, 2005 12:00am

Lufthansa sees 2005 profit on par with 2004 after Swiss takeover

Germany's Deutsche Lufthansa expects 2005 operating results to be on a par with 2004 after taking into account the integration of Swiss International Air Lines, the airline said on March 23. Lufthansa said it is proposing a 2004 dividend of 0.30 euros per

Published 28 Mar, 2005 12:00am

Lufthansa sees 2005 profit on par with 2004 after Swiss takeover

Germany's Deutsche Lufthansa expects 2005 operating results to be on a par with 2004 after taking into account the integration of Swiss International Air Lines, the airline said on March 23. Lufthansa said it is proposing a 2004 dividend of 0.30 euros per

Published 28 Mar, 2005 12:00am

New Saudi cement firm to tap booming market

A soon-to-be established Saudi cement firm plans to build a new multi-million dollar factory to help feed the kingdom's oil-driven construction boom, one of the company's founding directors told Reuters. The Riyadh Cement Company (RCC) is due on Monday to

Published 28 Mar, 2005 12:00am

Adams Laboratories seeks $125 million IPO

Adams Laboratories Inc, which focuses on the treatment of respiratory disorders, on Friday said it may sell as much as $125 million in common stock in an initial public offering. The company currently markets two over-the-counter products under the Mucine

Published 28 Mar, 2005 12:00am

Pioneer to cut jobs, close plants amid slump in profit

Japanese consumer electronics maker Pioneer Corp said on March 23 that it would cut 5 percent of its group workforce and shutter about one-fourth of its factories to help it recover from a deep earnings slump. Pioneer, which is forecasting a group net los

Published 28 Mar, 2005 12:00am

Pioneer to cut jobs, close plants amid slump in profit

Japanese consumer electronics maker Pioneer Corp said on March 23 that it would cut 5 percent of its group workforce and shutter about one-fourth of its factories to help it recover from a deep earnings slump. Pioneer, which is forecasting a group net los

Published 28 Mar, 2005 12:00am

Ericsson offers cut-price gear to Bangladesh

Swedish telecoms equipment manufacturer Ericsson said on March 23 that it would offer cheaper network gear to operators in Bangladesh to help them reach people currently unable to afford communications services. "We shall offer around a 20 percent discoun

Published 28 Mar, 2005 12:00am

Nokia announces availability of 9300 smartphone in Pakistan

Nokia announced the scheduled availability of the Nokia 9300 smartphone in the Pakistan. Already named the 'must have' mobile device for 2005, the new Nokia 9300 smartphone has outstanding voice and data capabilities, providing the best all-in-one device

Published 28 Mar, 2005 12:00am

Personal computer sales forecast

Growth of global personal computer sales is expected to cool to about 9.7 percent in 2005, market research firm IDC said on March 23, scaling back its prior forecast of 10.1 percent growth. The downgrade is the result of a delayed recovery in Japan and a

Published 28 Mar, 2005 12:00am

Personal computer sales forecast

Growth of global personal computer sales is expected to cool to about 9.7 percent in 2005, market research firm IDC said on March 23, scaling back its prior forecast of 10.1 percent growth. The downgrade is the result of a delayed recovery in Japan and a

Published 28 Mar, 2005 12:00am

J-Com targets strong growth through 2008

Japan's biggest cable TV company, Jupiter Telecommunications Co Ltd, said on Thursday it aims to increase its sales by 15 percent as it also expands its customer base by 10 to 15 percent each year through 2008. Jupiter, which made its stock market debut o

Published 28 Mar, 2005 12:00am

J-Com targets strong growth through 2008

Japan's biggest cable TV company, Jupiter Telecommunications Co Ltd, said on Thursday it aims to increase its sales by 15 percent as it also expands its customer base by 10 to 15 percent each year through 2008. Jupiter, which made its stock market debut o

Published 28 Mar, 2005 12:00am

Japan mobile phone shipments fell in 2004

Mobile phone shipments in Japan in 2004 fell 10.5 percent from the previous year as the market matured and as fewer consumers upgraded their phones amid a dearth of compelling new features, an industry group said on Wednesday. Japanese mobile phone makers

Published 28 Mar, 2005 12:00am

Japan mobile phone shipments fell in 2004

Mobile phone shipments in Japan in 2004 fell 10.5 percent from the previous year as the market matured and as fewer consumers upgraded their phones amid a dearth of compelling new features, an industry group said on Wednesday. Japanese mobile phone makers

Published 28 Mar, 2005 12:00am

Fuji TV offers sharers to fend off Livedoor

Japan's embattled Fuji Television Network Inc has called on around 50 companies to buy its shares to fend off a young Internet entrepreneur's bid for control, the Nihon Keizai Shimbun said on Saturday. The reported defence move is the latest twist in a $2

Published 28 Mar, 2005 12:00am

Fuji TV offers sharers to fend off Livedoor

Japan's embattled Fuji Television Network Inc has called on around 50 companies to buy its shares to fend off a young Internet entrepreneur's bid for control, the Nihon Keizai Shimbun said on Saturday. The reported defence move is the latest twist in a $2

Published 28 Mar, 2005 12:00am

Konica Minolta lowers '2005-06 profit target

Japan's Konica Minolta Holdings Inc on Friday cut its operating profit forecast for the next business year by 38 percent, reflecting slower-than-expected demand for copiers and sliding digital camera prices. Konica Minolta, the world's number four copier

Published 28 Mar, 2005 12:00am

Konica Minolta lowers '2005-06 profit target

Japan's Konica Minolta Holdings Inc on Friday cut its operating profit forecast for the next business year by 38 percent, reflecting slower-than-expected demand for copiers and sliding digital camera prices. Konica Minolta, the world's number four copier

Published 28 Mar, 2005 12:00am

Singulus not able to say about anticipated fall in sales and earnings

Singulus, the world's biggest maker of equipment for replicating CDs and DVDs, said it could not be precise about an anticipated fall in sales and earnings this year after posting stronger quarterly profit. The German company said in a statement on Thursd

Published 28 Mar, 2005 12:00am

Singulus not able to say about anticipated fall in sales and earnings

Singulus, the world's biggest maker of equipment for replicating CDs and DVDs, said it could not be precise about an anticipated fall in sales and earnings this year after posting stronger quarterly profit. The German company said in a statement on Thursd

Published 28 Mar, 2005 12:00am

Tibco posts profit, sales outlook below consensus

Business software maker Tibco Software Inc on Thursday met lowered expectations with a 22 percent rise in profit but forecast current-quarter earnings could miss Wall Street targets. Tibco, whose shares traded slightly lower after hours, warned earlier th

Published 28 Mar, 2005 12:00am

Tibco posts profit, sales outlook below consensus

Business software maker Tibco Software Inc on Thursday met lowered expectations with a 22 percent rise in profit but forecast current-quarter earnings could miss Wall Street targets. Tibco, whose shares traded slightly lower after hours, warned earlier th

Published 28 Mar, 2005 12:00am

TiVo to enter Japan market

TiVo Inc will offer its digital video recording service in Japan as early as next year, possibly by partnering with local firms, the Nihon Keizai Shimbun reported on Monday, quoting TiVo CEO Michael Ramsay. TiVo, a California-based company whose systems l

Published 28 Mar, 2005 12:00am

Deutsche Securities cuts its investment rating on Sanyo

Deutsche Securities said on Friday it had cut its investment rating on Sanyo Electric Co Ltd to "sell" from "hold", citing concerns about the consumer electronics maker's financial health. Earlier this week, Japan's third-largest consumer electronics make

Published 28 Mar, 2005 12:00am

Deutsche Securities cuts its investment rating on Sanyo

Deutsche Securities said on Friday it had cut its investment rating on Sanyo Electric Co Ltd to "sell" from "hold", citing concerns about the consumer electronics maker's financial health. Earlier this week, Japan's third-largest consumer electronics make

Published 28 Mar, 2005 12:00am

Advantest sees orders recovery in April-September

Advantest Corp, the world's largest maker of chip-testing equipment, said on Thursday orders would likely remain on a recovery path in the next six months, but it was hard to say what would happen after that. Advantest President Toshio Maruyama told Reute

Published 28 Mar, 2005 12:00am

Advantest sees orders recovery in April-September

Advantest Corp, the world's largest maker of chip-testing equipment, said on Thursday orders would likely remain on a recovery path in the next six months, but it was hard to say what would happen after that. Advantest President Toshio Maruyama told Reute

Published 28 Mar, 2005 12:00am

New Sony chief executive likely to boost outsourcing

As Sony Corp's new chief executive settles in with a mandate to shake up the struggling electronics company, analysts expect it to increase outsourcing, benefiting large, contract manufacturers. Sony already outsources production of some of its electronic

Published 28 Mar, 2005 12:00am

Renesas to invest 100 yen billion for capacity boost

Renesas Technology Corp, the world's fifth biggest chip maker, said on Friday it would invest about 100 billion yen ($940 million) by March 2007 to expand production capacity at its plant in eastern Japan. Satoru Ito, the company's incoming chief executiv

Published 28 Mar, 2005 12:00am

Renesas to invest 100 yen billion for capacity boost

Renesas Technology Corp, the world's fifth biggest chip maker, said on Friday it would invest about 100 billion yen ($940 million) by March 2007 to expand production capacity at its plant in eastern Japan. Satoru Ito, the company's incoming chief executiv

Published 28 Mar, 2005 12:00am

Lexar says jury orders Toshiba to pay $380 million

Lexar Media Inc, a maker of memory cards used in computers and digital cameras, on Wednesday said a jury found Toshiba Corp liable for breach of fiduciary duty and theft of trade secrets and awarded Lexar more than $380 million in damages. The jury in the

Published 28 Mar, 2005 12:00am

Lexar says jury orders Toshiba to pay $380 million

Lexar Media Inc, a maker of memory cards used in computers and digital cameras, on Wednesday said a jury found Toshiba Corp liable for breach of fiduciary duty and theft of trade secrets and awarded Lexar more than $380 million in damages. The jury in the

Published 28 Mar, 2005 12:00am

Sanyo to announce revised earnings forecast

Sanyo Electric Co Ltd, Japan's third-largest consumer electronics maker, said on Wednesday it would announce revisions to its earnings forecasts for the 2004/05 business year at 0630 GMT. The Osaka-based company did not say whether the revision would be u

Published 28 Mar, 2005 12:00am

Sanyo to announce revised earnings forecast

Sanyo Electric Co Ltd, Japan's third-largest consumer electronics maker, said on Wednesday it would announce revisions to its earnings forecasts for the 2004/05 business year at 0630 GMT. The Osaka-based company did not say whether the revision would be u

Published 28 Mar, 2005 12:00am

Afridi and Younis set up a thriller at Bangalore

A blistering half-century from opener Shahid Afridi and Younis Khan's solid 84 not out allowed Pakistan to set India a challenging 383-run target in the third and final Test here on Sunday. Afridi (58) completed his fifty off just 26 deliveries, the quick

Published 28 Mar, 2005 12:00am

New Zealand newspaper warned over Warne investigation

A New Zealand newspaper said Sunday it had been the target of a legal warning and a public relations offensive after it began investigating allegations involving Australian cricket star Shane Warne and a text message. The Sunday News said it had received

Published 28 Mar, 2005 12:00am

FIH plans to enrich hockey by drawing in sponsors

Sahara India Pariwar in is first international venture has joined hands with the International Hockey Federation (FIH) into corporatisation of the game in an historically large way by sponsoring the Junior Hockey Tournament which got under way in Malaysia

Published 28 Mar, 2005 12:00am

Rapid Ponting century hauls Australia close to New Zealand

Australian captain Ricky Ponting blasted a century at a rapid one-day pace to put his side within 73 runs of New Zealand's first innings total with six wickets in hand at the close of day two of the third cricket Test here Sunday. However, Australia's fra

Published 28 Mar, 2005 12:00am

Dump newspapers to avoid pressure: Inzamam

Pakistan captain Inzamam-ul-Haq has found a novel method of avoiding pressure during his team's high-profile cricket tour of India keep away from newspapers. "I'm not reading newspapers at all on this tour. This is the best way to avoid pressure on a toug

Published 28 Mar, 2005 12:00am

Westwood and Donald share lead at PGA Championship

England's Lee Westwood and Luke Donald matched Americans Joe Durant and Tim Herron atop the leaderboard Sunday as the third round of the storm-plagued US PGA Players Championship began. Donald completed his final five holes at one-under par Sunday to fini

Published 28 Mar, 2005 12:00am

Fierce fighting revives public interest in Test matches

Whatever is going to be the resultant outcome of final Test of the ongoing Pakistan-India cricket series one thing that has become more than clear is the fact, that the three-Test series revived public interest in the Test matches. By every reckoning, Tes

Published 28 Mar, 2005 12:00am

Roses in May eyes Breeders' Cup

Owner Ken Ramsey gave Roses in May his name in the forlorn hope that the colt would win the Kentucky Derby. The first leg of the US Triple Crown, raced on the first Saturday of every May, is known as The Run for Roses as the winner is traditionally garlan

Published 28 Mar, 2005 12:00am

Banks: MUSLIM COMMERCIAL BANK LIMITED - Year Ended 31-12-2004

Muslim Commercial Bank Limited (MCB) is a banking company incorporated in Pakistan and is engaged in commercial banking and related services. MCB is listed on all the stock exchanges in Pakistan. MCB has two wholly-owned subsidiaries, MNET Services (Priva

Published 28 Mar, 2005 12:00am

Banks: MUSLIM COMMERCIAL BANK LIMITED - Year Ended 31-12-2004

Muslim Commercial Bank Limited (MCB) is a banking company incorporated in Pakistan and is engaged in commercial banking and related services. MCB is listed on all the stock exchanges in Pakistan. MCB has two wholly-owned subsidiaries, MNET Services (Priva

Published 28 Mar, 2005 12:00am

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week.(March 21 to 26, 2005).

Published 28 Mar, 2005 12:00am

Returns on Profit and Loss Sharing Bank Accounts (July to December 2004)

Comparative table of returns being given banks on their Profit and Loss Sharing Accounts and Term Deposits.

Published 28 Mar, 2005 12:00am

Atlas Fund Prices

Published 28 Mar, 2005 12:00am

Atlas Fund Prices

Published 28 Mar, 2005 12:00am

Atlas Fund Prices

Published 28 Mar, 2005 12:00am

United Money-Market Fund

The Unit Prices for March 28, 2005.

Published 28 Mar, 2005 12:00am

World Bank asks government to approve water policy in a month

The World Bank has bound the government to approve National Water policy (NWP) within one month and establish Water Policy Cell in the Water and Power Ministry for extending technical support for the proposed National Water Council (NWC), it is learnt. "T

Published 28 Mar, 2005 12:00am

Soomro woos investors to avail potentials

Senate Chairman Mohammedmian Soomro has said that Pakistan today is offering very big potentials for investors and entrepreneurs because of the economic policies being pursued by the present government. He was speaking as chief guest at the "Networking Di

Published 28 Mar, 2005 12:00am

MONEY WEEK: bank credit increases by over Rs 29 billion amid increasing government borrowing

Domestic bank credit on March 5, 2005, rose by over Rs 29 billion in a week--probably the highest in a week since the beginning of the financial year. Nearly 40 percent of it (Rs 14.3 billion) was accounted for by government borrowings [mainly governments

Published 28 Mar, 2005 12:00am

China to present future socio-economic agenda at ACD

Chinese Premier Wen Jiabao will present future agenda of socio-economic development in the Asian countries at Fourth Foreign Ministers' Asian Co-operation Dialogue (ACD) conference, scheduled to take place in Islamabad on April 5. A senior Chinese officia

Published 28 Mar, 2005 12:00am

Arrangements for Zardari arrival

Peoples Labour Bureau (PLB) Punjab will post special squads of its activists at the route of the reception procession for Asif Ali Zardari on April 16, 2005, to meet any eventuality. Talking to reporters at Lahore Press Club here on Saturday, Central In-c

Published 28 Mar, 2005 12:00am

73 fishermen with 2 Indian trawlers detained

Pakistani authorities detained 73 Asian and South Asian crewmembers after seizing two Indian registered fishing trawlers found plying Pakistan's waters in the Arabian sea, officials said on Sunday. The trawlers were intercepted by Maritime Security Agency

Published 28 Mar, 2005 12:00am

Five die as passenger pickup hits truck

Five persons were killed while 18 others injured, two of them seriously, when a pickup packed with passengers heading to Kandhkot from Kashmor hit a stationary truck on Indus Highway near Mohammad Amin Bhangwar village on Sunday. The deceased were identif

Published 28 Mar, 2005 12:00am

'256 teachers called back from abroad'

Higher Education Commission Chairman Professor Dr Atta-ur-Rehman said on Sunday that 256 Pakistani teachers settled abroad have been called back and efforts were underway to bring more teachers back to raise the quality of higher education in the country.

Published 28 Mar, 2005 12:00am

F-16s offer due to Musharraf successful policies: Rashid

Federal Information Minister, Sheikh Rashid on Sunday said the US announcement to sell F-16s to Pakistan is an ample proof of successful policies of President Pervez Musharraf. "Pakistan's foreign policy has been endorsed globally, which also certifies th

Published 28 Mar, 2005 12:00am

Restoration of cotton hedge market - a need of the hour

During British rule on Indian sub-continent, agricultural land running in thousands of acres was allocated to companies/firms owned and operated by foreigners specially the Britishers on long lease extending to 49 years and 99 years. Thus, Pakistan inheri

Published 28 Mar, 2005 12:00am

Restoration of cotton hedge market - a need of the hour

During British rule on Indian sub-continent, agricultural land running in thousands of acres was allocated to companies/firms owned and operated by foreigners specially the Britishers on long lease extending to 49 years and 99 years. Thus, Pakistan inheri

Published 28 Mar, 2005 12:00am

Hafeez calls for private sector investment in development

Federal Minister for Privatisation and Investment Dr Abdul Hafeez Shaikh has said that no country can make economic progress without national and foreign investment. He was speaking at the annual dinner of Hyderabad Chamber of Commerce and Industry here l

Published 28 Mar, 2005 12:00am

PAC to review defence ministry and CBR audit reports

The Public Accounts Committee (PAC) of the National Assembly will initiate a five-day meeting here from Tuesday to look into the audit reports of the Ministry of Defence and the Central Board of Revenue (CBR) for fiscal year 2000-01. It is for the first t

Published 28 Mar, 2005 12:00am

PAC to review defence ministry and CBR audit reports

The Public Accounts Committee (PAC) of the National Assembly will initiate a five-day meeting here from Tuesday to look into the audit reports of the Ministry of Defence and the Central Board of Revenue (CBR) for fiscal year 2000-01. It is for the first t

Published 28 Mar, 2005 12:00am

Duties and tax evasion: negligence will cost customs agents heavily

The Central Board of Revenue (CBR) has decided to make it mandatory for the customs agents to pay evaded amount of duties and taxes in cases where the evasion took place due to negligence of these agents. Under the proposed 'Customs Agent Licencing Rules

Published 28 Mar, 2005 12:00am

Duties and tax evasion: negligence will cost customs agents heavily

The Central Board of Revenue (CBR) has decided to make it mandatory for the customs agents to pay evaded amount of duties and taxes in cases where the evasion took place due to negligence of these agents. Under the proposed 'Customs Agent Licencing Rules

Published 28 Mar, 2005 12:00am

Small investors suffer huge losses at ISE

Small investors and margin hunters suffered huge losses at the Islamabad Stock Exchange (ISE) and panic-like situation prevailed during last week while ISE Network index nosed-dived as bears tightened their stranglehold. ISE Network index lost 1814.31 poi

Published 28 Mar, 2005 12:00am

Small investors suffer huge losses at ISE

Small investors and margin hunters suffered huge losses at the Islamabad Stock Exchange (ISE) and panic-like situation prevailed during last week while ISE Network index nosed-dived as bears tightened their stranglehold. ISE Network index lost 1814.31 poi

Published 28 Mar, 2005 12:00am

North Korea confirms bird flu outbreak

North Korea on Sunday confirmed a bird flu outbreak at two chicken farms in the capital Pyongyang and said the farms slaughtered and buried hundreds of thousands of chickens infected by the disease. But no one is reported to have been infected among breed

Published 28 Mar, 2005 12:00am

LSE index lost 18 percent

Dark clouds further deepened on Lahore Stock Exchange (LSE) last week as there was no let-up in the crisis, and the market index plunged 18 percent, while volume touched record low in the absence of buyers and sellers due to lower locks in almost all acti

Published 28 Mar, 2005 12:00am

LSE index lost 18 percent

Dark clouds further deepened on Lahore Stock Exchange (LSE) last week as there was no let-up in the crisis, and the market index plunged 18 percent, while volume touched record low in the absence of buyers and sellers due to lower locks in almost all acti

Published 28 Mar, 2005 12:00am

One killed in Naushki blast

A man was killed when a bomb exploded in a small town in Balochistan, police said on Sunday. The bomb went off late Saturday on a road in Naushki, 135 kilometres west of Quetta, said local police officer Mohammad Arif. "It was a low intensity home-made de

Published 28 Mar, 2005 12:00am

One killed in Naushki blast

A man was killed when a bomb exploded in a small town in Balochistan, police said on Sunday. The bomb went off late Saturday on a road in Naushki, 135 kilometres west of Quetta, said local police officer Mohammad Arif. "It was a low intensity home-made de

Published 28 Mar, 2005 12:00am

Real estate prices and car premium fall

The continuous onslaught of bears pushed several stock players and investors back to the wall and, to settle their long outstanding positions, they offloaded their investment parked in real estate, resulting in decline in property prices ranging from 15 t

Published 28 Mar, 2005 12:00am

Real estate prices and car premium fall

The continuous onslaught of bears pushed several stock players and investors back to the wall and, to settle their long outstanding positions, they offloaded their investment parked in real estate, resulting in decline in property prices ranging from 15 t

Published 28 Mar, 2005 12:00am

Real estate prices and car premium fall

The continuous onslaught of bears pushed several stock players and investors back to the wall and, to settle their long outstanding positions, they offloaded their investment parked in real estate, resulting in decline in property prices ranging from 15 t

Published 28 Mar, 2005 12:00am

Three-man body to monitor Balochistan situation

Prime Minister Shauakat Aziz said here on Sunday that a three-member committee would be formed to monitor the Balochistan situation. The committee will have one representative of the government and one member nominated by Nawab Akbar Bugti and Mushahid Hu

Published 28 Mar, 2005 12:00am

United Money-Market Fund

The Unit Prices for March 28, 2005.

Published 28 Mar, 2005 12:00am

Open End Mutual Funds (Unit Trusts)

The open end mutual funds.

Published 28 Mar, 2005 12:00am

Open End Mutual Funds (Unit Trusts)

The open end mutual funds.

Published 28 Mar, 2005 12:00am

Open End Mutual Funds (Unit Trusts)

The open end mutual funds.

Published 28 Mar, 2005 12:00am

KKI closing rates of currency notes

Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Sunday (March 27, 2005)

Published 28 Mar, 2005 12:00am

The Weather

The weather report on Sunday (March 27) and the forecast for Monday (March 28, 2005).

Published 28 Mar, 2005 12:00am

Will financial institutions re-enter share market today?

Will the financial institutions re-enter the market in a big way on the buy side on Monday, is the question. Without them the stock market rally cannot take place and stop the slide, say the analysts. Trading can only take place in scrips if they do not d

Published 28 Mar, 2005 12:00am

Will financial institutions re-enter share market today?

Will the financial institutions re-enter the market in a big way on the buy side on Monday, is the question. Without them the stock market rally cannot take place and stop the slide, say the analysts. Trading can only take place in scrips if they do not d

Published 28 Mar, 2005 12:00am

Will financial institutions re-enter share market today?

Will the financial institutions re-enter the market in a big way on the buy side on Monday, is the question. Without them the stock market rally cannot take place and stop the slide, say the analysts. Trading can only take place in scrips if they do not d

Published 28 Mar, 2005 12:00am

Consortium arranges Rs 19 billion to end KSE crisis

A consortium of banks has arranged a financing line to the tune of Rs 19 billion for the stock brokers and investors to overcome the crisis created as they failed to meet the settlement of March Futures contracts. In a midnight session held on Saturday/Su

Published 28 Mar, 2005 12:00am

Consortium arranges Rs 19 billion to end KSE crisis

A consortium of banks has arranged a financing line to the tune of Rs 19 billion for the stock brokers and investors to overcome the crisis created as they failed to meet the settlement of March Futures contracts. In a midnight session held on Saturday/Su

Published 28 Mar, 2005 12:00am

Consortium arranges Rs 19 billion to end KSE crisis

A consortium of banks has arranged a financing line to the tune of Rs 19 billion for the stock brokers and investors to overcome the crisis created as they failed to meet the settlement of March Futures contracts. In a midnight session held on Saturday/Su

Published 28 Mar, 2005 12:00am

Dividend yields become attractive after KSE fall

The massive fall at Karachi Stock Exchange (KSE) has made several scrips attractive as their dividends yield are about to hit the double-digit deck, but investors would take time to build their portfolios again as the decline has made them jittery, analys

Published 28 Mar, 2005 12:00am

World Bank asks government to approve water policy in a month

The World Bank has bound the government to approve National Water policy (NWP) within one month and establish Water Policy Cell in the Water and Power Ministry for extending technical support for the proposed National Water Council (NWC), it is learnt. "T

Published 28 Mar, 2005 12:00am

World Bank asks government to approve water policy in a month

The World Bank has bound the government to approve National Water policy (NWP) within one month and establish Water Policy Cell in the Water and Power Ministry for extending technical support for the proposed National Water Council (NWC), it is learnt. "T

Published 28 Mar, 2005 12:00am

Pakistan to get $1 billion FDI this year: minister

Federal Minister for Privatisation and Investment Dr Abdul Hafeez Shaikh on Sunday said here that Pakistan has great potential for foreign investment in various sectors and, for the first time, it would attract a foreign direct investment (FDI) of $1 bill

Published 28 Mar, 2005 12:00am

Pakistan to get $1 billion FDI this year: minister

Federal Minister for Privatisation and Investment Dr Abdul Hafeez Shaikh on Sunday said here that Pakistan has great potential for foreign investment in various sectors and, for the first time, it would attract a foreign direct investment (FDI) of $1 bill

Published 28 Mar, 2005 12:00am

Dividend yields become attractive after KSE fall

The massive fall at Karachi Stock Exchange (KSE) has made several scrips attractive as their dividends yield are about to hit the double-digit deck, but investors would take time to build their portfolios again as the decline has made them jittery, analys

Published 28 Mar, 2005 12:00am

Dividend yields become attractive after KSE fall

The massive fall at Karachi Stock Exchange (KSE) has made several scrips attractive as their dividends yield are about to hit the double-digit deck, but investors would take time to build their portfolios again as the decline has made them jittery, analys

Published 28 Mar, 2005 12:00am

Mixed trend in currency market

The rupee moved both ways against dollar last week but gained steeply versus euro, dealers said. The rupee, in terms of dollar, moved down, losing 15 paisa in the open market for buying and selling at Rs 59.75 and Rs 59.85, but gained sharply versus euro

Published 28 Mar, 2005 12:00am

Three-man body to monitor Balochistan situation

Prime Minister Shauakat Aziz said here on Sunday that a three-member committee would be formed to monitor the Balochistan situation. The committee will have one representative of the government and one member nominated by Nawab Akbar Bugti and Mushahid Hu

Published 28 Mar, 2005 12:00am

Currency	Rate
USD PKR Interbank Selling / Jan 27	278.95
USD PKR Interbank Buying / Jan 27	278.80
USD to Japanese Yen / Jan 27	154.64
USD to Swiss Franc / Jan 27	0.90
Pound Sterling to USD / Jan 27	1.25
Euro to USD / Jan 27	1.05

Stock	Volume
S&P 500 / Jan 24	6,101.24
Nasdaq / Jan 24	19,954.30
Dow Jones / Jan 24	44,424.25
India Sensex / Jan 27	75,346.55
Tokyo Nikkei / Jan 27	39,565.80
Hang Seng / Jan 27	20,197.77
FTSE 100 / Jan 27	8,485.58
Germany DAX 30 / Jan 27	21,124.29

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 24	18,485
Gold 10 Grams PKR / Jan 24	248,285
Petrol/Litre / Jan 27	256.13
Crude Oil USD/Barrel / Jan 27	74.82
Gold Spot USD/Ounce / Jan 27	2,763.59
Diesel/Litre / Jan 27	260.95

Stock	Price
Chenab Ltd (Pref) / Jan 27 Chenab Limited (Pref)(CLCPS)	3.93 ▲ 0.49 (14.24%)
Chenab Ltd / Jan 27 Chenab Limited(CHBL)	8.57 ▲ 1 (13.21%)
B. F. Mod. / Jan 27 B.F. Modaraba(BFMOD)	8.39 ▲ 0.89 (11.87%)
Sanghar Sugar / Jan 27 Sanghar Sugar Mills Limited(SANSM)	25.36 ▲ 2.31 (10.02%)
Leather Up Ltd. / Jan 27 Leather Up Limited(LEUL)	36.70 ▲ 3.34 (10.01%)
Shahtaj Sugar / Jan 27 Shahtaj Sugar Mills Limited(SHJS)	113.69 ▲ 10.34 (10%)
At-Tahur Ltd. / Jan 27 At-Tahur Limited(PREMA)	25.85 ▲ 2.35 (10%)
Archroma Pak / Jan 27 Archroma Pakistan Limited(ARPL)	478.56 ▲ 43.51 (10%)
Saritow Spinning / Jan 27 Saritow Spinning Mills Limited(SSML)	12.24 ▲ 1.11 (9.97%)

Stock	Price
LSE Financial Serv. / Jan 27 LSE Financial Services Limited(LSEFSL)	17.52 ▼ -1.95 (-10.02%)
Sui South Gas / Jan 27 Sui Southern Gas Company Limited(SSGC)	39.53 ▼ -4.39 (-10%)
Hussain Industries / Jan 27 Husein Industries Limited(HUSI)	28.50 ▼ -3.14 (-9.92%)
Arctic Textile / Jan 27 Arctic Textile Mills Limited(ARCTM)	18.90 ▼ -2.08 (-9.91%)
Apna Microfin. / Jan 27 Apna Microfinance Bank Limited(AMBL)	10.09 ▼ -1.1 (-9.83%)
National Silk / Jan 27 The National Silk & Rayon Mills Limited(NSRM)	50 ▼ -5.44 (-9.81%)
Gammon Pak / Jan 27 Gammon Pakistan Limited(GAMON)	38 ▼ -4.04 (-9.61%)
Unicap Modaraba / Jan 27 Unicap Modaraba(UCAPM)	2.57 ▼ -0.27 (-9.51%)
Synthetic Prod / Jan 27 Synthetic Products Enterprises Limited(SPEL)	41 ▼ -4.06 (-9.01%)

Stock	Volume
Cnergyico PK / Jan 27 Cnergyico PK Limited(CNERGY)	61,454,571 ▼ -0.13
Sui South Gas / Jan 27 Sui Southern Gas Company Limited(SSGC)	57,677,562 ▼ -4.39
WorldCall Telecom / Jan 27 Worldcall Telecom Limited(WTL)	33,767,457 ▼ -0.06
The Searle Co. / Jan 27 The Searle Company Limited(SEARL)	26,713,969 ▼ -5.54
Pak Elektron / Jan 27 Pak Elektron Limited(PAEL)	22,757,545 ▲ 0.67
Fauji Cement / Jan 27 Fauji Cement Company Limited(FCCL)	20,797,108 ▼ -0.46
Citi Pharma Ltd / Jan 27 Citi Pharma Ltd.(CPHL)	18,489,077 ▼ -6.73
P.T.C.L. / Jan 27 Pakistan Telecommunication Company Ltd(PTC)	18,264,183 ▲ 0.82
Ghani Chem. Ind. / Jan 27 Ghani Chemical Industries Limited(GCIL)	17,202,553 ▲ 0.67

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