News Archives for Print - 2005-08-11

US treasuries bid prices

US treasuries bid prices on Wednesday (August 10, 2005).

Published 11 Aug, 2005 12:00am

South African striking gold miners get new wage offer

Some 110,000 South African striking gold miners received an improved wage offer from gold producers on Wednesday in a bid to end the sector's first industry-wide strike in 18 years.

Published 11 Aug, 2005 12:00am

Sri Lanka up budget gap target

Sri Lanka raised its 2005 budget deficit forecast on Wednesday to 8.5 percent of gross domestic product from 7.6 percent, citing costs related to rebuilding the island's tsunami-battered coastline. Last year's tsunami flattened entire towns and villages,

Published 11 Aug, 2005 12:00am

Vodafone launches 3G mobile in New Zealand

Vodafone Group launched its high-speed, third generation (3G) mobile service in New Zealand on Wednesday, looking to win back market share from Telecom New Zealand which began 3G services last year.

Published 11 Aug, 2005 12:00am

Iraqi Arabs flock to Kurdish north for jobs

Each morning before dawn, hundreds of Arabs from southern Iraq gather near a mosque in this northern Kurdish city hoping to find work on one of scores of construction sites dotting the landscape. What began 18 months ago as a trickle of poor, unemployed y

Published 11 Aug, 2005 12:00am

Yahoo to buy Alibaba stake for $1 billion

Yahoo Inc is close to paying $1 billion and forking over its China operations for a 35 percent stake of China's second-largest e-commerce operator, Alibaba.com, a source close to the discussions said on Wednesday.

Published 11 Aug, 2005 12:00am

Oman invites bids to develop five oil blocs

Oman invited bids on Wednesday for oil exploration and joint production contracts at five new sites in the Gulf Arab state, which faces falling crude output. An energy ministry statement said the sites on offer covered a total area of 23,545 square km (9,

Published 11 Aug, 2005 12:00am

Lenovo first quarter profit up

Top Chinese personal computer maker Lenovo Group Ltd posted a 6 percent rise in quarterly profit on Wednesday, topping forecasts, after including for the first time the struggling PC business bought in May from IBM.

Published 11 Aug, 2005 12:00am

Lenovo first quarter profit up

Top Chinese personal computer maker Lenovo Group Ltd posted a 6 percent rise in quarterly profit on Wednesday, topping forecasts, after including for the first time the struggling PC business bought in May from IBM.

Published 11 Aug, 2005 12:00am

Ukraine sets steel auction

Ukraine on Wednesday announced the date and conditions for a re-run of its largest and most contested privatisation, the vast Kryvorizhstal steel plant, and the prime minister predicted the sale would fetch a big price.

Published 11 Aug, 2005 12:00am

US job openings rise, hirings drop

The number of US job openings increased in June but fewer positions were filled, the Labour Department said on Wednesday. The department said 3.541 million jobs opened in June, up 3.7 percent from 3.416 million in May.

Published 11 Aug, 2005 12:00am

China names currencies in yuan's basket

China's central bank said on Wednesday the dollar, euro, Japanese yen and Korean won dominated its new reference currency basket, disclosing the contents for the first time since it revalued the yuan last month.

Published 11 Aug, 2005 12:00am

South Korea orders Asiana pilots to end strike

Unionised pilots at South Korea's second-largest carrier, Asiana Airlines, will end a strike after being ordered back to the job by the government, which has begun emergency mediation to resolve the nearly month-long dispute.

Published 11 Aug, 2005 12:00am

Cisco profit rises

Cisco Systems Inc, the largest maker of Internet equipment, said on Tuesday fourth-quarter profit rose by 12 percent but its revenue forecast fell shy of Wall Street expectations and shares fell 4 percent after hours. Net income for its fiscal fourth quar

Published 11 Aug, 2005 12:00am

Cisco profit rises

Cisco Systems Inc, the largest maker of Internet equipment, said on Tuesday fourth-quarter profit rose by 12 percent but its revenue forecast fell shy of Wall Street expectations and shares fell 4 percent after hours. Net income for its fiscal fourth quar

Published 11 Aug, 2005 12:00am

International court annuls sales of Athens airport stake

London's Court of International Arbitration has annulled the sale of a 5 percent stake in Athens International Airport (AIA), which is due for an Athens stock exchange listing in 2006, Greek press reported on Wednesday.

Published 11 Aug, 2005 12:00am

TNK-BP to settle back tax claim by paying $247 million

Russia has agreed to slash a back-tax claim against oil major BP's Russian vehicle to $247 million from $1 billion in a move to help investors regain confidence after the demise of oil major Yukos.

Published 11 Aug, 2005 12:00am

Ponting refuses to give up on Lee and McGrath

Australia captain Ricky Ponting was optimistic about Brett Lee's chances of playing in the third Ashes Test and even refused to rule out Glenn McGrath's chances of appearing in the pivotal match which starts at Old Trafford here on Thursday.

Published 11 Aug, 2005 12:00am

Batman flies to title while Shaheen proves world class

Bershawn Jackson lived up to his nickname of 'Batman' here on Tuesday as he flew past his rivals to take the 400 metres hurdles title at the world athletics championships.

Published 11 Aug, 2005 12:00am

Bangladesh include uncapped players for Sri Lanka tour

Bangladesh have included one uncapped player in the 15-man one-day squad for their tour of Sri Lanka, the Bangladesh Cricket Board said on Wednesday. Uncapped left-arm pacer Syed Russel, who is touring England with Bangladesh A, has been named in the squa

Published 11 Aug, 2005 12:00am

Emirates extends support to PSG

Emirates Airline has extended its support for football around the world to France, with the confirmation of a three-year official partnership deal from the 2005/2006 season with Paris Saint Germ am (P5G), one of Europe's most famous soccer teams and a lea

Published 11 Aug, 2005 12:00am

PCB-Pepsi school cricket

The two-day final of the PCB/Pepsi National school cricket tournament 2005 will be played between Ibrahim Ali Bhai School, Karachi and Government High School Nanakpura, Peshawar on August 23 & 24 at Gaddafi Stadium, Lahore.

Published 11 Aug, 2005 12:00am

England to utilise Flintoff's local knowledge

England are planning to tap into the Old Trafford experience of all-rounder Andrew Flintoff before naming their side to face Australia in the third Ashes Test starting here on Thursday.

Published 11 Aug, 2005 12:00am

Mathieu upsets third-seed Roddick

Frenchman Paul-Henri Mathieu stunned third-seeded American Andy Roddick 7-5, 6-3 in the first round of the 2.45 million dollar ATP Montreal Masters Series event on Tuesday. Roddick, who claimed his lone Grand Slam at the US Open two years ago, had won 18

Published 11 Aug, 2005 12:00am

Chinese stars dominate 1st round opponents

A pair of Chinese players put on impressive performances in first round action on the second day of the 585,000 dollar J.P. Morgan Chase Open on Tuesday. Peng Shuai, of Hunan, breezed past Venezuela's Maria Vento-Kabchi 7-6 (7/5), 6-0 and Beijing's Sun Ti

Published 11 Aug, 2005 12:00am

Pakistan's vegetable oil imports seen up

Pakistan's vegetable oil imports are likely to rise amid high domestic prices and a bearish world oil price outlook, dealers said on Wednesday. "The local market is up and will remain bullish so we can expect importers to cash on the situation and import

Published 11 Aug, 2005 12:00am

Guwar and wheat prices move up

Guwar prices were higher on the grain market on Wednesday as supply did not match with the demand, buyers said. On the cereal side, guwar inferior picked up Rs 50 to Rs 1750 and superior type was up by Rs 25 to Rs 1850 for all stations, dealers said.

Published 11 Aug, 2005 12:00am

Tea prices rise on Jodia Bazar

The trading on tea sector moved upward on Jodia Bazar on Wednesday. The following changes were seen in the Kenya tea PF-1 A Grade up Rs 4 to Rs 169, B Grade up Rs 4 to Rs 156, plus C Grade up Re 1 to Rs 138, Bangladesh Garden Pack (Original) up Rs 3 to Rs

Published 11 Aug, 2005 12:00am

Six US troops among 20 killed in Iraq

US forces announced the loss of six soldiers as top Iraqi leaders met separately on Wednesday to thrash out differences on the country's constitution as an August 15 deadline loomed. The latest deaths took US military toll since March 2003 invasion to 1,8

Published 11 Aug, 2005 12:00am

Modest trading on cotton market

Modest activity was seen on the cotton market on Wednesday as some buyers showed cautious interest in buying of the new crop, dealers said. The Karachi Cotton Association (KCA) official spot rate was unchanged at Rs 2300, without upcountry expenses.

Published 11 Aug, 2005 12:00am

Six US troops among 20 killed in Iraq

US forces announced the loss of six soldiers as top Iraqi leaders met separately on Wednesday to thrash out differences on the country's constitution as an August 15 deadline loomed. The latest deaths took US military toll since March 2003 invasion to 1,8

Published 11 Aug, 2005 12:00am

Oil cake market rates

Some activity was seen on the forward cottonseed oilcake market on Wednesday as a very little number of buyers took park in purchasing, dealers said. The December vaida commenced with 30 paisa loss at Rs 423.50. Later, it shed Rs 1.10 to be day's lowest a

Published 11 Aug, 2005 12:00am

Intellectual Property Organisation gets legal cover

President General Pervez Musharraf on Wednesday re-promulgated an ordinance to give constitutional cover to Intellectual Property Organisation of Pakistan (IPOP). The IPOP was established to protect intellectual property rights in Pakistan through an ordi

Published 11 Aug, 2005 12:00am

India's August-October vegetable oil imports seen lower

Edible oil imports by India, the world's largest buyer, are expected to dip marginally in the three months beginning August but the share of soya oil is set to rise, a top industry official said on Wednesday.

Published 11 Aug, 2005 12:00am

Intellectual Property Organisation gets legal cover

President General Pervez Musharraf on Wednesday re-promulgated an ordinance to give constitutional cover to Intellectual Property Organisation of Pakistan (IPOP). The IPOP was established to protect intellectual property rights in Pakistan through an ordi

Published 11 Aug, 2005 12:00am

CBOT wheat futures lower, following trend in soya and corn

Chicago Board of Trade wheat futures closed lower on Tuesday, following the weak trend in soyabeans and corn amid a lack of supportive news, traders said. CBOT September wheat ended down 2-3/4 cents, or 0.9 percent, at $3.19-1/2 per bushel, with December

Published 11 Aug, 2005 12:00am

Intellectual Property Organisation gets legal cover

President General Pervez Musharraf on Wednesday re-promulgated an ordinance to give constitutional cover to Intellectual Property Organisation of Pakistan (IPOP). The IPOP was established to protect intellectual property rights in Pakistan through an ordi

Published 11 Aug, 2005 12:00am

FOB Gulf corn and soya steady; freight rises

US FOB Gulf corn basis offers were higher on Tuesday amid export demand and slow movement, while soyabeans were mostly steady, traders said. Barge freight for this week shipment rose for a second straight day on Midwest rivers as the Ohio River remained c

Published 11 Aug, 2005 12:00am

Premier Oil to invest $40 million in Indus 'E' Block

The Premier Oil, London with its Shell partners will drill an exploratory well by next weather window in offshore Indus 'E' Block at an estimated investment of over 40 million dollars.

Published 11 Aug, 2005 12:00am

Kenyan tea prices mixed

Prices for Kenyan teas were mixed at this week's auction, with some grades firming because of improved quality, traders said on Wednesday. Mombasa-based Africa Tea Brokers (ATB) reported good demand for the 77,450 packages at the auction, held on Monday a

Published 11 Aug, 2005 12:00am

Premier Oil to invest $40 million in Indus 'E' Block

The Premier Oil, London with its Shell partners will drill an exploratory well by next weather window in offshore Indus 'E' Block at an estimated investment of over 40 million dollars.

Published 11 Aug, 2005 12:00am

US Midwest corn and soyabean mixed

Spot basis bids for corn and soyabeans were mixed at both interior locations and along rivers in the US Midwest on Wednesday with farmer sales mostly quiet, grain dealers said. However, corn basis bids weakened in the eastern Midwest where some dealers we

Published 11 Aug, 2005 12:00am

Premier Oil to invest $40 million in Indus ''E'' Block

The Premier Oil, London with its Shell partners will drill an exploratory well by next weather window in offshore Indus ''E'' Block at an estimated investment of over 40 million dollars.

Published 11 Aug, 2005 12:00am

Ivory Coast cocoa prices mixed

Farmgate prices in Ivory Coast's cocoa areas were mixed from August 1-7, according to the Coffee and Cocoa Bourse on Wednesday, as the holiday season and the nearing end of the mid-crop limited buying interest.

Published 11 Aug, 2005 12:00am

Sales tax exemption on diesel engines

The Central Board of Revenue (CBR) has given exemption of sales tax on import and supply of CKD kits of single cylinder agriculture diesel engines of 12 to 32 HP. The CBR has notified the decision through issuance of SRO 793(I)/2005 on Wednesday.

Published 11 Aug, 2005 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 94,129 tonnes of cargo including 79,019 tonnes import and 15,110 tonnes export cargo including 3,535 containers during last 24 hours ending at 0700 hours on Wednesday.

Published 11 Aug, 2005 12:00am

Sales tax exemption on diesel engines

The Central Board of Revenue (CBR) has given exemption of sales tax on import and supply of CKD kits of single cylinder agriculture diesel engines of 12 to 32 HP. The CBR has notified the decision through issuance of SRO 793(I)/2005 on Wednesday.

Published 11 Aug, 2005 12:00am

Singapore bunker fuel prices ease

Singapore bunker prices eased on Wednesday, despite higher fuel oil cargo values. Prices for 380-centistoke (cst) bunker fuel were pegged at $265-$267 a tonne, down $4 from Monday, as suppliers slashed offers to spur demand.

Published 11 Aug, 2005 12:00am

Sales tax exemption on diesel engines

The Central Board of Revenue (CBR) has given exemption of sales tax on import and supply of CKD kits of single cylinder agriculture diesel engines of 12 to 32 HP. The CBR has notified the decision through issuance of SRO 793(I)/2005 on Wednesday.

Published 11 Aug, 2005 12:00am

Syria buys 3.15 million tonnes wheat locally

Syria's state grains agency has bought 3.15 million tonnes of soft and hard wheat from the local market in 2005, of which about a fourth would be earmarked for export, an agency official said on Tuesday.

Published 11 Aug, 2005 12:00am

Sales tax exemption on diesel engines

The Central Board of Revenue (CBR) has given exemption of sales tax on import and supply of CKD kits of single cylinder agriculture diesel engines of 12 to 32 HP. The CBR has notified the decision through issuance of SRO 793(I)/2005 on Wednesday.

Published 11 Aug, 2005 12:00am

Protein concerns abate as HRW harvest wraps up

Early concerns about a lack of high protein wheat in the new US hard red winter wheat crop have largely abated as the harvest nears conclusion, wheat experts said this week. Though levels are lower than found in last year's crop, there is enough wheat at

Published 11 Aug, 2005 12:00am

1984 anti-Sikh riots: Indian minister resigns

An Indian minister resigned on Wednesday after a probe panel said there was strong suspicion that he organised the 1984 anti-Sikh riots in which nearly 3,000 Sikhs were massacred in New Delhi.

Published 11 Aug, 2005 12:00am

New York cocoa closes at one-month low on speculative selling

US benchmark cocoa futures slid about 2 percent to a one-month low on Tuesday, with follow-through speculative selling weighing on the market for the fifth consecutive session, traders said.

Published 11 Aug, 2005 12:00am

1984 anti-Sikh riots: Indian minister resigns

An Indian minister resigned on Wednesday after a probe panel said there was strong suspicion that he organised the 1984 anti-Sikh riots in which nearly 3,000 Sikhs were massacred in New Delhi.

Published 11 Aug, 2005 12:00am

New York coffee edges higher as market consolidates

Arabica coffee futures settled modestly higher on Tuesday, with prices consolidating after an active session dominated by spread trading between the two front-month contracts, traders said. The New York Board of Trade's front-month September contract sett

Published 11 Aug, 2005 12:00am

Land mine blast kills four in Wana

Four people were killed on Wednesday in a mine blast targeting the vehicle of a pro-government tribal elder in border region with Afghanistan, officials said.

Published 11 Aug, 2005 12:00am

MGE wheat lower

Spring wheat futures on the Minneapolis Grain Exchange fell to 2-1/2 month lows on Tuesday, pressured by fund selling and talk of quality problems in the US spring wheat crop, traders said.

Published 11 Aug, 2005 12:00am

Land mine blast kills four in Wana

Four people were killed on Wednesday in a mine blast targeting the vehicle of a pro-government tribal elder in border region with Afghanistan, officials said.

Published 11 Aug, 2005 12:00am

Aaj TV - Thursday's schedule

All timings are in PST (Pakistan Standard Time).

Published 11 Aug, 2005 12:00am

Shaukat and Koizumi hold wide-ranging talks

Prime Minister Shaukat Aziz and his Japanese counterpart Junichiro Koizumi on Wednesday held wide-ranging talks focused on boosting bilateral relations and regional and international issues. The talks in Tokyo covered all facets of relations.

Published 11 Aug, 2005 12:00am

Karachi interbank rates

Karachi interbank rates on Wednesday (August 10, 2005).

Published 11 Aug, 2005 12:00am

Shaukat and Koizumi hold wide-ranging talks

Prime Minister Shaukat Aziz and his Japanese counterpart Junichiro Koizumi on Wednesday held wide-ranging talks focused on boosting bilateral relations and regional and international issues. The talks in Tokyo covered all facets of relations.

Published 11 Aug, 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 11 Aug, 2005 12:00am

Pakistan and India to expedite bank branches opening

Secretary-level two-day talks on Economic and Trade Cupertino concluded here on Wednesday with Pakistan and India agreeing to expedite the process of opening scheduled bank branches in both countries to facilitate bilateral trade relations.

Published 11 Aug, 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 11 Aug, 2005 12:00am

Pakistan and India to expedite bank branches opening

Secretary-level two-day talks on Economic and Trade Cupertino concluded here on Wednesday with Pakistan and India agreeing to expedite the process of opening scheduled bank branches in both countries to facilitate bilateral trade relations.

Published 11 Aug, 2005 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (August 10, 2005).

Published 11 Aug, 2005 12:00am

Pakistan and India to expedite bank branches opening

Secretary-level two-day talks on Economic and Trade Cupertino concluded here on Wednesday with Pakistan and India agreeing to expedite the process of opening scheduled bank branches in both countries to facilitate bilateral trade relations.

Published 11 Aug, 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 Wednesday (August 10, 2005).

Published 11 Aug, 2005 12:00am

Plea to stop back recovery under PTR rejected

The Central Board of Revenue (CBR) has rejected a proposal of manufacturers-cum-suppliers to stop the income tax department from making retrospective recovery from those who operated under Presumptive Tax Regime (PTR).

Published 11 Aug, 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 Wednesday (August 10, 2005).

Published 11 Aug, 2005 12:00am

Plea to stop back recovery under PTR rejected

The Central Board of Revenue (CBR) has rejected a proposal of manufacturers-cum-suppliers to stop the income tax department from making retrospective recovery from those who operated under Presumptive Tax Regime (PTR).

Published 11 Aug, 2005 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Wednesday (August 10, 2005).

Published 11 Aug, 2005 12:00am

Plea to stop back recovery under PTR rejected

The Central Board of Revenue (CBR) has rejected a proposal of manufacturers-cum-suppliers to stop the income tax department from making retrospective recovery from those who operated under Presumptive Tax Regime (PTR).

Published 11 Aug, 2005 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Wednesday (August 10, 2005).

Published 11 Aug, 2005 12:00am

Losing streak continues on KSE

The stock market for the third consecutive session received heavy jolt, and all the blue chips and investment suffered heavy losses on rumours that some of the big players have offloaded their holdings and a couple of members have defaulted. Though these

Published 11 Aug, 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 Wednesday (August 10, 2005).

Published 11 Aug, 2005 12:00am

Losing streak continues on KSE

The stock market for the third consecutive session received heavy jolt, and all the blue chips and investment suffered heavy losses on rumours that some of the big players have offloaded their holdings and a couple of members have defaulted. Though these

Published 11 Aug, 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 Wednesday (August 10, 2005).

Published 11 Aug, 2005 12:00am

Losing streak continues on KSE

The stock market for the third consecutive session received heavy jolt, and all the blue chips and investment suffered heavy losses on rumours that some of the big players have offloaded their holdings and a couple of members have defaulted. Though these

Published 11 Aug, 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 Wednesday (August 10, 2005).

Published 11 Aug, 2005 12:00am

Minfal opposes cotton hedge trading

The Ministry of Food, Agriculture and Livestock (Minfal) has strongly opposed hedge trading in cotton and cautioned the government that this mode of trade would hurt majority of the stakeholders of the cotton sector, it is learnt.

Published 11 Aug, 2005 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (August 10, 2005).

Published 11 Aug, 2005 12:00am

Minfal opposes cotton hedge trading

The Ministry of Food, Agriculture and Livestock (Minfal) has strongly opposed hedge trading in cotton and cautioned the government that this mode of trade would hurt majority of the stakeholders of the cotton sector, it is learnt.

Published 11 Aug, 2005 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (August 10, 2005).

Published 11 Aug, 2005 12:00am

Minfal opposes cotton hedge trading

The Ministry of Food, Agriculture and Livestock (Minfal) has strongly opposed hedge trading in cotton and cautioned the government that this mode of trade would hurt majority of the stakeholders of the cotton sector, it is learnt.

Published 11 Aug, 2005 12:00am

London Interbank Offered Rates

London Interbank Offered Rates (LIBOR) on Wednesday (August 10, 2005).

Published 11 Aug, 2005 12:00am

345 industrial units to pay zero sales tax on power bills

The Central Board of Revenue (CBR) will levy sales tax at the rate of zero-percent on electricity being consumed by manufacturers of textile products, leather items, carpets, sports goods and surgical instruments. The decision has been taken to reduce the

Published 11 Aug, 2005 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Wednesday (August 10, 2005).

Published 11 Aug, 2005 12:00am

345 industrial units to pay zero sales tax on power bills

The Central Board of Revenue (CBR) will levy sales tax at the rate of zero-percent on electricity being consumed by manufacturers of textile products, leather items, carpets, sports goods and surgical instruments. The decision has been taken to reduce the

Published 11 Aug, 2005 12:00am

US treasuries bid prices

US treasuries bid prices on Wednesday (August 10, 2005).

Published 11 Aug, 2005 12:00am

345 industrial units to pay zero sales tax on power bills

The Central Board of Revenue (CBR) will levy sales tax at the rate of zero-percent on electricity being consumed by manufacturers of textile products, leather items, carpets, sports goods and surgical instruments. The decision has been taken to reduce the

Published 11 Aug, 2005 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Wednesday (August 10, 2005).

Published 11 Aug, 2005 12:00am

'Enough incentives given to achieve export target'

The government has given enough incentives to exporters to achieve the target of $17 billion during FY 2005-06, senior officials of Commerce Ministry told Business Recorder here on Wednesday.

Published 11 Aug, 2005 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Wednesday (August 10, 2005).

Published 11 Aug, 2005 12:00am

43 EoIs received for Javedan Cement

The Privatisation Commission has received 43 expressions of interest (EoIs) for 96.34 percent shares of Javedan Cement Limited (JCL) on 'as is where is' basis.

Published 11 Aug, 2005 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Wednesday (August 10, 2005).

Published 11 Aug, 2005 12:00am

Kashmiri refugees stage sit-in

Kashmiri refugees on Wednesday staged protest sit in against the non-payment of subsistence allowance for three months. Hundreds of enraged refugees carrying placards gathered in front of Central Press Club while chanting slogans against rehabilitation an

Published 11 Aug, 2005 12:00am

International media, foreign observers to be invited to monitor LB polls

Federal Information Minister Shaikh Rasheed Ahmed on Wednesday said government had decided to invite international media and foreign observers to monitor upcoming local bodies polls and adding asked opposition to prove its allegations of pre-poll rigging

Published 11 Aug, 2005 12:00am

Currency	Rate
USD PKR Interbank Selling / Jan 30	278.97
USD PKR Interbank Buying / Jan 30	278.77
USD to Japanese Yen / Jan 30	154.56
USD to Swiss Franc / Jan 30	0.91
Pound Sterling to USD / Jan 30	1.24
Euro to USD / Jan 30	1.04

Stock	Volume
S&P 500 / Jan 29	6,039.31
Nasdaq / Jan 29	19,632.32
Hang Seng / Jan 29	20,225.11
FTSE 100 / Jan 29	8,557.81
Dow Jones / Jan 29	44,713.52
Germany DAX 30 / Jan 29	21,637.53
France CAC40 / Jan 29	7,872.48
India Sensex / Jan 30	76,776.38

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 29	18,285
Gold 10 Grams PKR / Jan 29	247,513
Petrol/Litre / Jan 30	256.13
Crude Oil USD/Barrel / Jan 30	72.66
Gold Spot USD/Ounce / Jan 30	2,759.76
Diesel/Litre / Jan 30	260.95

Stock	Price
Chenab Ltd (Pref) / Jan 30 Chenab Limited (Pref)(CLCPS)	4 ▲ 0.45 (12.68%)
Chenab Ltd / Jan 30 Chenab Limited(CHBL)	9.08 ▲ 1 (12.38%)
Redco Textile / Jan 30 Redco Textiles Limited(REDCO)	21.97 ▲ 2 (10.02%)
J.K.Spinning / Jan 30 J.K. Spinning Mills Limited(JKSM)	63.80 ▲ 5.8 (10%)
Fateh Ind. / Jan 30 Fateh Industries Limited(FIL)	147.33 ▲ 13.39 (10%)
Atlas Honda Ltd / Jan 30 Atlas Honda Limited(ATLH)	873.29 ▲ 79.39 (10%)
Loads Limited / Jan 30 Loads Limited(LOADS)	18.92 ▲ 1.72 (10%)
Supernet Ltd. / Jan 30 Supernet Limited (GEM)(GEMSPNL)	21.78 ▲ 1.98 (10%)
Leather Up Ltd. / Jan 30 Leather Up Limited(LEUL)	48.85 ▲ 4.44 (10%)

Stock	Price
Tariq Corp.Pref. / Jan 30 Tariq Corporation Limited-Preference Shares(TCORPCPS)	6.91 ▼ -0.97 (-12.31%)
National Silk / Jan 30 The National Silk & Rayon Mills Limited(NSRM)	45.35 ▼ -5.04 (-10%)
Premier Sugar / Jan 30 The Premier Sugar Mills(PMRS)	359.58 ▼ -39.95 (-10%)
Kohat Textile / Jan 30 Kohat Textile Mills Limited(KOHTM)	31.62 ▼ -3.51 (-9.99%)
Faran Sugar / Jan 30 Faran Sugar Mills Limited(FRSM)	46 ▼ -5 (-9.8%)
Trust Sec.& Brok. / Jan 30 Trust Securities & Brokerage Limited(TSBL)	13.53 ▼ -1.21 (-8.21%)
Gulshan Sp. / Jan 30 Gulshan Spinning Mills Limited(GSPM)	3.72 ▼ -0.31 (-7.69%)
Tandlianwala Sugar / Jan 30 Tandlianwala Sugar Mills Limited(TSML)	66 ▼ -4.99 (-7.03%)
Gadoon Textile / Jan 30 Gadoon Textile Mills Limited(GADT)	220 ▼ -15.14 (-6.44%)

Stock	Volume
Cnergyico PK / Jan 30 Cnergyico PK Limited(CNERGY)	31,197,761 ▲ 0.1
K-Electric Ltd. / Jan 30 K-Electric Limited(KEL)	29,670,310 ▼ -0.01
Citi Pharma Ltd / Jan 30 Citi Pharma Ltd.(CPHL)	25,413,292 ▲ 3.54
Bank Makramah / Jan 30 Bank Makramah Limited(BML)	25,004,085 ▲ 0.27
Dewan Motors / Jan 30 Dewan Farooque Motors Limited(DFML)	24,726,221 ▼ -0.85
WorldCall Telecom / Jan 30 Worldcall Telecom Limited(WTL)	20,794,723 ▲ 0.01
Sui South Gas / Jan 30 Sui Southern Gas Company Limited(SSGC)	15,998,837 ▲ 0.3
Waves Home Appliances / Jan 30 Waves Home Appliances Limited(WAVESAPP)	13,617,932 ▲ 0.79
Fauji Cement / Jan 30 Fauji Cement Company Limited(FCCL)	13,308,955 ▲ 0

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