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Print - 2005-03-29
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on Monday (March 28, 2005).

Published 29 Mar, 2005 12:00am
FCA meeting today to fix crop targets

FCA meeting today to fix crop targets

The Federal Committee on Agriculture (FCA) will meet here on Tuesday to fix production targets for coming Kharif crops including cotton and sugarcane and review outgoing Rabi crops including wheat, official sources said. They said that encouraged by all-t
Published 29 Mar, 2005 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on Monday (March 28, 2005).

Published 29 Mar, 2005 12:00am
FCA meeting today to fix crop targets

FCA meeting today to fix crop targets

The Federal Committee on Agriculture (FCA) will meet here on Tuesday to fix production targets for coming Kharif crops including cotton and sugarcane and review outgoing Rabi crops including wheat, official sources said. They said that encouraged by all-t
Published 29 Mar, 2005 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on Monday (March 28, 2005).

Published 29 Mar, 2005 12:00am
Allied Bank profit up by 12 percent

Allied Bank profit up by 12 percent

The Allied Bank has announced 11 percent increase in the Bank''s deposits and 12 percent increase in profit before tax and provisions for the year ended December 31, 2004. This was stated in the 59th Annual General Meeting of the Allied Bank held on Monda
Published 29 Mar, 2005 12:00am
Allied Bank profit up by 12 percent

Allied Bank profit up by 12 percent

The Allied Bank has announced 11 percent increase in the Bank's deposits and 12 percent increase in profit before tax and provisions for the year ended December 31, 2004. This was stated in the 59th Annual General Meeting of the Allied Bank held on Monday
Published 29 Mar, 2005 12:00am
Allied Bank profit up by 12 percent

Allied Bank profit up by 12 percent

The Allied Bank has announced 11 percent increase in the Bank's deposits and 12 percent increase in profit before tax and provisions for the year ended December 31, 2004. This was stated in the 59th Annual General Meeting of the Allied Bank held on Monday
Published 29 Mar, 2005 12:00am
Indian minister coming to discuss gas line in May

Indian minister coming to discuss gas line in May

Indian oil minister Mani Shankar Aiyer plans to travel to Islamabad in May to hold talks to build a $ 4 billion pipeline to carry Iranian natural gas through Pakistan to South Asia. The proposed project, earlier regarded as a pipe dream because of politic
Published 29 Mar, 2005 12:00am
Indian minister coming to discuss gas line in May

Indian minister coming to discuss gas line in May

Indian oil minister Mani Shankar Aiyer plans to travel to Islamabad in May to hold talks to build a $ 4 billion pipeline to carry Iranian natural gas through Pakistan to South Asia. The proposed project, earlier regarded as a pipe dream because of politic
Published 29 Mar, 2005 12:00am
LSE withdraws ICI from COT

LSE withdraws ICI from COT

The Lahore Stock Exchange (LSE) has announced to withdraw ICI Pakistan from Carry Over Transactions (COT) with effect from April 01. According to time bound action plan for phasing out of Cot and as per its implementation schedule for LSE, the scrip ICI P
Published 29 Mar, 2005 12:00am
Two killed in Indian occupied Kashmir

Two killed in Indian occupied Kashmir

Two Indian occupation paramilitary troopers were killed and 16 people injured in attacks by suspected freedom fighters in restive India-administered Kashmir, police said Monday. The occupation troopers were killed in an ambush by freedom fighters who atta
Published 29 Mar, 2005 12:00am
CBR postings and transfers

CBR postings and transfers

The Central Board of Revenue (CBR) has transferred and posted 13 officials (BS-17, 18 and BS-19) of Customs and Excise groups with immediate effect.
Published 29 Mar, 2005 12:00am
18,000 new sales tax-payers detected for registration

18,000 new sales tax-payers detected for registration

The Collectorate of Sales Tax (Enforcement) has detected over 18,000 new taxpayers for registration under the Sales Tax net. The collectorate sources revealed on Monday that of the total new 18,224 taxpayers spotted on information from various sources inc
Published 29 Mar, 2005 12:00am
18,000 new sales tax-payers detected for registration

18,000 new sales tax-payers detected for registration

The Collectorate of Sales Tax (Enforcement) has detected over 18,000 new taxpayers for registration under the Sales Tax net. The collectorate sources revealed on Monday that of the total new 18,224 taxpayers spotted on information from various sources inc
Published 29 Mar, 2005 12:00am
Senate panel deplores faulty construction of coastal highway

Senate panel deplores faulty construction of coastal highway

The Senate Standing Committee on Communication has taken strong cognisance of what it termed faulty and ill planned execution of Coastal Highway construction project. The committee met here on Monday, with Senator Kamil Ali Agha in the chair, observed the
Published 29 Mar, 2005 12:00am
Petronas starts supply to SNGPL

Petronas starts supply to SNGPL

Malaysian oil and gas company, Petronas Carigali, has started injecting 15mmcfd gas to the transmission system of Sui Northern Gas Pipelines Limited (SNGPL). Official sources said Petronas is likely to enhance its production to 60mmcfd in coming months. T
Published 29 Mar, 2005 12:00am
Petronas starts supply to SNGPL

Petronas starts supply to SNGPL

Malaysian oil and gas company, Petronas Carigali, has started injecting 15mmcfd gas to the transmission system of Sui Northern Gas Pipelines Limited (SNGPL). Official sources said Petronas is likely to enhance its production to 60mmcfd in coming months. T
Published 29 Mar, 2005 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Monday (March 28, 2005).

Published 29 Mar, 2005 12:00am
Agriculture Price Commission being restructured

Agriculture Price Commission being restructured

Federal Minister for Food, Agriculture and Livestock Sikandar Hayat Bosan on Monday said here that 'Agriculture Price Commission' (APC) was being restructured to make better policies and economic analysis for the benefit of farmers. "This step is part of
Published 29 Mar, 2005 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Monday (March 28, 2005).

Published 29 Mar, 2005 12:00am
Agriculture Price Commission being restructured

Agriculture Price Commission being restructured

Federal Minister for Food, Agriculture and Livestock Sikandar Hayat Bosan on Monday said here that 'Agriculture Price Commission' (APC) was being restructured to make better policies and economic analysis for the benefit of farmers. "This step is part of
Published 29 Mar, 2005 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Monday (March 28, 2005).

Published 29 Mar, 2005 12:00am
Pakistan and China to discuss border trade zone

Pakistan and China to discuss border trade zone

The visiting Chinese trade delegation will discuss the long-awaited issue of setting up a border trade zone between Pakistan and China at Khunjarab. Chen JI, Vice Commissioner of Kashgar Administration, who is here in connection with inviting Pakistani en
Published 29 Mar, 2005 12:00am
Pakistan and China to discuss border trade zone

Pakistan and China to discuss border trade zone

The visiting Chinese trade delegation will discuss the long-awaited issue of setting up a border trade zone between Pakistan and China at Khunjarab. Chen JI, Vice Commissioner of Kashgar Administration, who is here in connection with inviting Pakistani en
Published 29 Mar, 2005 12:00am
AlBaraka assigned ''A'', ''A 1'' ratings

AlBaraka assigned ''A'', ''A 1'' ratings

JCR-VIS has assigned an initial medium to long-term entity rating of ''A'' (Single A) and short-term rating of ''A 1'' (A-one) to the local branches of Al Baraka Islamic Bank BSC (EC), incorporated in Bahrain. The outlook on the rating is ''Stable''. The
Published 29 Mar, 2005 12:00am
AlBaraka assigned 'A', 'A 1' ratings

AlBaraka assigned 'A', 'A 1' ratings

JCR-VIS has assigned an initial medium to long-term entity rating of 'A' (Single A) and short-term rating of 'A 1' (A-one) to the local branches of Al Baraka Islamic Bank BSC (EC), incorporated in Bahrain. The outlook on the rating is 'Stable'. The rating
Published 29 Mar, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (March 28, 2005).

Published 29 Mar, 2005 12:00am
AlBaraka assigned 'A', 'A 1' ratings

AlBaraka assigned 'A', 'A 1' ratings

JCR-VIS has assigned an initial medium to long-term entity rating of 'A' (Single A) and short-term rating of 'A 1' (A-one) to the local branches of Al Baraka Islamic Bank BSC (EC), incorporated in Bahrain. The outlook on the rating is 'Stable'. The rating
Published 29 Mar, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (March 28, 2005).

Published 29 Mar, 2005 12:00am
MCB to give 10 percent final dividend

MCB to give 10 percent final dividend

The 57th Annual General Meeting of Muslim Commercial Bank was held on Monday at registered office of the Bank at Islamabad, chaired by Tariq Rafi, Director MCB. Welcoming the shareholders, Tariq Rafi said that in the year 2004 the progress and performance
Published 29 Mar, 2005 12:00am
World currencies and euro

World currencies and euro

Value of the euro in terms of other world currencies as prevailing in the week ended Monday (March 28, 2005).
Published 29 Mar, 2005 12:00am
MCB to give 10 percent final dividend

MCB to give 10 percent final dividend

The 57th Annual General Meeting of Muslim Commercial Bank was held on Monday at registered office of the Bank at Islamabad, chaired by Tariq Rafi, Director MCB. Welcoming the shareholders, Tariq Rafi said that in the year 2004 the progress and performance
Published 29 Mar, 2005 12:00am
BMA-PGBI Closing Bell

BMA-PGBI Closing Bell

BMA Pakistan Government Bond Index (BMA-PGBI) yield moved slightly upward which moved BMA-PGBI value up by around 71 paisa to 99.20. Main determinant of upward movement in Index value was interest rate return factor, otherwise demand in PIBs was still low
Published 29 Mar, 2005 12:00am
MCB to give 10 percent final dividend

MCB to give 10 percent final dividend

The 57th Annual General Meeting of Muslim Commercial Bank was held on Monday at registered office of the Bank at Islamabad, chaired by Tariq Rafi, Director MCB. Welcoming the shareholders, Tariq Rafi said that in the year 2004 the progress and performance
Published 29 Mar, 2005 12:00am
BMA-PGBI Closing Bell

BMA-PGBI Closing Bell

BMA Pakistan Government Bond Index (BMA-PGBI) yield moved slightly upward which moved BMA-PGBI value up by around 71 paisa to 99.20. Main determinant of upward movement in Index value was interest rate return factor, otherwise demand in PIBs was still low
Published 29 Mar, 2005 12:00am
Organisers fined for controversial religion art exhibit

Organisers fined for controversial religion art exhibit

The Russian organisers of a controversial art exhibition on religion featuring works such as a crucified naked woman were each fined 100,000 rubles (2,800 euros, 3,600 dollars) by a Moscow court Monday. Yury Samodurov and Lyudmila Vasilovskaya, the direct
Published 29 Mar, 2005 12:00am
BMA-PGBI Closing Bell

BMA-PGBI Closing Bell

BMA Pakistan Government Bond Index (BMA-PGBI) yield moved slightly upward which moved BMA-PGBI value up by around 71 paisa to 99.20. Main determinant of upward movement in Index value was interest rate return factor, otherwise demand in PIBs was still low
Published 29 Mar, 2005 12:00am
Russian and US astronauts complete swift spacewalk

Russian and US astronauts complete swift spacewalk

Two astronauts finished their spacewalk ahead of schedule on Monday and installed equipment to enable the first European cargo craft to dock at the International Space Station, mission control said. Russian cosmonaut Salizhan Sharipov and US astronaut Ler
Published 29 Mar, 2005 12:00am
European monitors say Macedonian vote flawed

European monitors say Macedonian vote flawed

European election monitors criticised Macedonia on Monday for failing to prevent irregularities in Sunday's local election, citing cases of stolen ballot papers, ballot stuffing and intimidation. The second-round vote passed without major violence and sho
Published 29 Mar, 2005 12:00am
After 18 years Bottled message found in Iceland

After 18 years Bottled message found in Iceland

A four-year-old girl in Iceland has found a message in a bottle that was thrown into the sea off the coast of Greenland 18 years ago, Danish media reported on Monday. The message was sent off in the summer of 1987 by a group of youngsters being shuttled b
Published 29 Mar, 2005 12:00am
Brotherhood says over 230 arrested in Egypt

Brotherhood says over 230 arrested in Egypt

Egyptian police detained more than 230 members and supporters of the Muslim Brotherhood before and during an attempt to protest outside parliament in favour of political reform, the Brotherhood leader said on Monday. The detainees include 84 Brotherhood l
Published 29 Mar, 2005 12:00am
ISE index loses 231.13 points

ISE index loses 231.13 points

Equities failed to show recovery signs at the Islamabad Stock Exchange (ISE) where the fresh bearish assault moved the entire ready-board in minus territory amid increase in index. ISE network index showed a decrease of 231.13 points as the rate-based ind
Published 29 Mar, 2005 12:00am
ISE index loses 231.13 points

ISE index loses 231.13 points

Equities failed to show recovery signs at the Islamabad Stock Exchange (ISE) where the fresh bearish assault moved the entire ready-board in minus territory amid increase in index. ISE network index showed a decrease of 231.13 points as the rate-based ind
Published 29 Mar, 2005 12:00am
LSE equities suffer losses

LSE equities suffer losses

With the down-drift continued on the Lahore Stock Exchange (LSE), share values underwent further battering and the LSE index plummeted by 161.23 points or 3.8 percent amid a visible surge in volume, indicating improving interest in the market. The LSE-25
Published 29 Mar, 2005 12:00am
LSE equities suffer losses

LSE equities suffer losses

With the down-drift continued on the Lahore Stock Exchange (LSE), share values underwent further battering and the LSE index plummeted by 161.23 points or 3.8 percent amid a visible surge in volume, indicating improving interest in the market. The LSE-25
Published 29 Mar, 2005 12:00am
Musharraf attends debrief session of Navy war games

Musharraf attends debrief session of Navy war games

President General Pervez Musharraf said on Monday, the inclusion of P 3 C Orion aircraft, F 22-P Frigates and acquisition of F-16 fighter aircraft, would certainly enhance the offensive punch of our defence. These state-of-the-art platforms will augment o
Published 29 Mar, 2005 12:00am
Musharraf attends debrief session of Navy war games

Musharraf attends debrief session of Navy war games

President General Pervez Musharraf said on Monday, the inclusion of P 3 C Orion aircraft, F 22-P Frigates and acquisition of F-16 fighter aircraft, would certainly enhance the offensive punch of our defence. These state-of-the-art platforms will augment o
Published 29 Mar, 2005 12:00am
CBR updates list of blacklisted units

CBR updates list of blacklisted units

The Central Board of Revenue (CBR) has updated the list of blacklisted units up to March 28, 2005 to prevent the traders from carrying out business transactions with these suspected units. The names of blacklisted units have been revised here on Monday am
Published 29 Mar, 2005 12:00am
CBR updates list of blacklisted units

CBR updates list of blacklisted units

The Central Board of Revenue (CBR) has updated the list of blacklisted units up to March 28, 2005 to prevent the traders from carrying out business transactions with these suspected units. The names of blacklisted units have been revised here on Monday am
Published 29 Mar, 2005 12:00am
Banks persuaded by Jehangir to finance KSE settlement

Banks persuaded by Jehangir to finance KSE settlement

Business Recorder would like to clarify that its lead story of Monday, may have created an erroneous impression about the role of Jehangir Siddiqui in helping the stock market players reach a consensus on settlement of March Contracts. Siddiqui was
Published 29 Mar, 2005 12:00am
Banks persuaded by Jehangir to finance KSE settlement

Banks persuaded by Jehangir to finance KSE settlement

Business Recorder would like to clarify that its lead story of Monday, may have created an erroneous impression about the role of Jehangir Siddiqui in helping the stock market players reach a consensus on settlement of March Contracts. Siddiqui was
Published 29 Mar, 2005 12:00am
Banks persuaded by Jehangir to finance KSE settlement

Banks persuaded by Jehangir to finance KSE settlement

Business Recorder would like to clarify that its lead story of Monday, may have created an erroneous impression about the role of Jehangir Siddiqui in helping the stock market players reach a consensus on settlement of March Contracts. Siddiqui was
Published 29 Mar, 2005 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (March 28, 2005).

Published 29 Mar, 2005 12:00am
Banks support sought

Banks support sought

The Karachi Stock Exchange (KSE) has said that in a meeting with the Securities Exchange Commission of Pakistan (SECP) it was decided that support from various banks have been sought to extend financing facilities to the members through the preferred opti
Published 29 Mar, 2005 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (March 28, 2005).
Published 29 Mar, 2005 12:00am
Banks support sought

Banks support sought

The Karachi Stock Exchange (KSE) has said that in a meeting with the Securities Exchange Commission of Pakistan (SECP) it was decided that support from various banks have been sought to extend financing facilities to the members through the preferred opti
Published 29 Mar, 2005 12:00am
Banks support sought

Banks support sought

The Karachi Stock Exchange (KSE) has said that in a meeting with the Securities Exchange Commission of Pakistan (SECP) it was decided that support from various banks have been sought to extend financing facilities to the members through the preferred opti
Published 29 Mar, 2005 12:00am
Bill buying rates per unit of currency

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 Monday (March 28, 2005).

Published 29 Mar, 2005 12:00am
Funds from consortium fail to enliven bourse

Funds from consortium fail to enliven bourse

Speedy decline was still witnessed, for the eighth session in a row, on Monday whereby assurance from financial institutions to fund the settlement of futures contracts failed to change the bearish trend. The KSE-100 index fell 255.66 points, or 3.2 perce
Published 29 Mar, 2005 12:00am
Funds from consortium fail to enliven bourse

Funds from consortium fail to enliven bourse

Speedy decline was still witnessed, for the eighth session in a row, on Monday whereby assurance from financial institutions to fund the settlement of futures contracts failed to change the bearish trend. The KSE-100 index fell 255.66 points, or 3.2 perce
Published 29 Mar, 2005 12:00am
Funds from consortium fail to enliven bourse

Funds from consortium fail to enliven bourse

Speedy decline was still witnessed, for the eighth session in a row, on Monday whereby assurance from financial institutions to fund the settlement of futures contracts failed to change the bearish trend. The KSE-100 index fell 255.66 points, or 3.2 perce
Published 29 Mar, 2005 12:00am
PPIB stopped from altering old PPAs

PPIB stopped from altering old PPAs

The Water and Power Development Authority (Wapda) has blocked a move by the Private Power Infrastructure Board (PPIB) to incorporate changes in original agreements signed with the Independent Power Producers (IPPs) without bringing it to the notice of the
Published 29 Mar, 2005 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Monday (March 28, 2005).

Published 29 Mar, 2005 12:00am
PPIB stopped from altering old PPAs

PPIB stopped from altering old PPAs

The Water and Power Development Authority (Wapda) has blocked a move by the Private Power Infrastructure Board (PPIB) to incorporate changes in original agreements signed with the Independent Power Producers (IPPs) without bringing it to the notice of the
Published 29 Mar, 2005 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Monday (March 28, 2005).

Published 29 Mar, 2005 12:00am
PPIB stopped from altering old PPAs

PPIB stopped from altering old PPAs

The Water and Power Development Authority (Wapda) has blocked a move by the Private Power Infrastructure Board (PPIB) to incorporate changes in original agreements signed with the Independent Power Producers (IPPs) without bringing it to the notice of the
Published 29 Mar, 2005 12:00am