AIRLINK 191.84 Decreased By ▼ -1.66 (-0.86%)
BOP 9.87 Increased By ▲ 0.23 (2.39%)
CNERGY 7.67 Increased By ▲ 0.14 (1.86%)
FCCL 37.86 Increased By ▲ 0.16 (0.42%)
FFL 15.76 Increased By ▲ 0.16 (1.03%)
FLYNG 25.31 Decreased By ▼ -0.28 (-1.09%)
HUBC 130.17 Increased By ▲ 3.10 (2.44%)
HUMNL 13.59 Increased By ▲ 0.09 (0.67%)
KEL 4.67 Increased By ▲ 0.09 (1.97%)
KOSM 6.21 Increased By ▲ 0.11 (1.8%)
MLCF 44.29 Increased By ▲ 0.33 (0.75%)
OGDC 206.87 Increased By ▲ 3.63 (1.79%)
PACE 6.56 Increased By ▲ 0.16 (2.5%)
PAEL 40.55 Decreased By ▼ -0.43 (-1.05%)
PIAHCLA 17.59 Increased By ▲ 0.10 (0.57%)
PIBTL 8.07 Increased By ▲ 0.41 (5.35%)
POWER 9.24 Increased By ▲ 0.16 (1.76%)
PPL 178.56 Increased By ▲ 4.31 (2.47%)
PRL 39.08 Increased By ▲ 1.01 (2.65%)
PTC 24.14 Increased By ▲ 0.07 (0.29%)
SEARL 107.85 Increased By ▲ 0.61 (0.57%)
SILK 0.97 No Change ▼ 0.00 (0%)
SSGC 39.11 Increased By ▲ 2.71 (7.45%)
SYM 19.12 Increased By ▲ 0.08 (0.42%)
TELE 8.60 Increased By ▲ 0.36 (4.37%)
TPLP 12.37 Increased By ▲ 0.59 (5.01%)
TRG 66.01 Increased By ▲ 1.13 (1.74%)
WAVESAPP 12.78 Increased By ▲ 1.15 (9.89%)
WTL 1.70 Increased By ▲ 0.02 (1.19%)
YOUW 3.95 Increased By ▲ 0.10 (2.6%)
BR100 11,930 Increased By 162.4 (1.38%)
BR30 35,660 Increased By 695.9 (1.99%)
KSE100 113,206 Increased By 1719 (1.54%)
KSE30 35,565 Increased By 630.8 (1.81%)
Print - 2005-08-12
Member To Member

Member To Member

Members have subsequently reported the transactions on Thursday (August 11, 2005).

Published 12 Aug, 2005 12:00am
ISE index down 95.42 points

ISE index down 95.42 points

Bulls failed to snatch the floor from the bears at the Islamabad Stock Exchange (ISE) where selling pressure intensified in hot favourites amid decrease in index. The ISE Network index was down by 95.42 points as the composite index moved from 11,044.32 t
Published 12 Aug, 2005 12:00am
ISE index down 95.42 points

ISE index down 95.42 points

Bulls failed to snatch the floor from the bears at the Islamabad Stock Exchange (ISE) where selling pressure intensified in hot favourites amid decrease in index. The ISE Network index was down by 95.42 points as the composite index moved from 11,044.32 t
Published 12 Aug, 2005 12:00am
Bearish trend prevails on LSE

Bearish trend prevails on LSE

Bearish trend continued to prevail on the Lahore Stock Exchange (LSE) where equities registered more losses mainly on account of lacking interest on the part of institutions as well as potential investors.
Published 12 Aug, 2005 12:00am
Bearish trend prevails on LSE

Bearish trend prevails on LSE

Bearish trend continued to prevail on the Lahore Stock Exchange (LSE) where equities registered more losses mainly on account of lacking interest on the part of institutions as well as potential investors.
Published 12 Aug, 2005 12:00am
BMA-PGBI Closing Bell

BMA-PGBI Closing Bell

The BMA-PGBI yield witnessed a 35 pps decline and its value increased by 0.03% to close at 98.0892. Few tenors on the yield curve witnessed a 1 basis point decline on account of price checking in the market, but otherwise, very little activity took place.
Published 12 Aug, 2005 12:00am
Malacca Strait terror rating to barely raise costs

Malacca Strait terror rating to barely raise costs

The cost of shipping goods and commodities through the Malacca Strait will be minimal despite a new "war risk" rating given to the strategic Asian sealane, a leading insurer said on Thursday.
Published 12 Aug, 2005 12:00am
BMA-PGBI Closing Bell

BMA-PGBI Closing Bell

The BMA-PGBI yield witnessed a 35 pps decline and its value increased by 0.03% to close at 98.0892. Few tenors on the yield curve witnessed a 1 basis point decline on account of price checking in the market, but otherwise, very little activity took place.
Published 12 Aug, 2005 12:00am
US seeks long-term textile pact with China

US seeks long-term textile pact with China

The Bush administration is asking China to negotiate a long-term agreement limiting the amount of clothing Chinese companies can ship to the United States, the US Trade Representative's office said on Thursday.
Published 12 Aug, 2005 12:00am
BMA-PGBI Closing Bell

BMA-PGBI Closing Bell

The BMA-PGBI yield witnessed a 35 pps decline and its value increased by 0.03% to close at 98.0892. Few tenors on the yield curve witnessed a 1 basis point decline on account of price checking in the market, but otherwise, very little activity took place.
Published 12 Aug, 2005 12:00am
ING's quarterly net profit falls

ING's quarterly net profit falls

Dutch financial group ING reported a 6.7 percent fall in quarterly net profit with unexpected provisions in Taiwan and weak life insurance results in the Netherlands disappointing investors.
Published 12 Aug, 2005 12:00am
ING's quarterly net profit falls

ING's quarterly net profit falls

Dutch financial group ING reported a 6.7 percent fall in quarterly net profit with unexpected provisions in Taiwan and weak life insurance results in the Netherlands disappointing investors.
Published 12 Aug, 2005 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (August 11, 2005).

Published 12 Aug, 2005 12:00am
KKI closing rates of currency notes

KKI closing rates of currency notes

Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Thursday (August 11, 2005).

Published 12 Aug, 2005 12:00am
PIA downsizing under study

PIA downsizing under study

Various options are being considered to downsize Pakistan International Airlines (PIA) in order to run the national carrier on commercial basis and give it a real corporate look, a well placed source in the PIA told the Business Recorder here on Th
Published 12 Aug, 2005 12:00am
PIA downsizing under study

PIA downsizing under study

Various options are being considered to downsize Pakistan International Airlines (PIA) in order to run the national carrier on commercial basis and give it a real corporate look, a well placed source in the PIA told the Business Recorder here on Th
Published 12 Aug, 2005 12:00am
PIA downsizing under study

PIA downsizing under study

Various options are being considered to downsize Pakistan International Airlines (PIA) in order to run the national carrier on commercial basis and give it a real corporate look, a well placed source in the PIA told the Business Recorder here on Th
Published 12 Aug, 2005 12:00am
Trader shot dead

Trader shot dead

Unidentified gunmen shot dead a businessman in suspected sectarian violence in Quetta, sparking protests by hundreds of people, police said on Thursday. Syed Anwar Shah, 48, was returning home after closing his shop late on Wednesday when the assailants u
Published 12 Aug, 2005 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Thursday (August 11, 2005).

Published 12 Aug, 2005 12:00am
Over 110 villages declared calamity-hit

Over 110 villages declared calamity-hit

More than 110 villages of three districts Layyah, Khushab and Bhakkar have been declared as calamity hit areas, which were badly affected by the recent floods. According to an official source, farmers of these three districts have been exempted from Malia
Published 12 Aug, 2005 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Thursday (August 11, 2005).

Published 12 Aug, 2005 12:00am
Tourists' visits to promote cultural links with Japan

Tourists' visits to promote cultural links with Japan

Prime Minister Shaukat Aziz on Thursday invited Japanese tourists to visit the scenic land of exotic beauty and a rich cultural heritage in Pakistan to promote closer links between the two countries.
Published 12 Aug, 2005 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Thursday (August 11, 2005).

Published 12 Aug, 2005 12:00am
Businessmen Forum gets lead in SCCI polls

Businessmen Forum gets lead in SCCI polls

Senator Ilyas Ahmad Bilour-led Businessmen Forum has once again achieved majority after success of its five candidates as unopposed to the Sarhad Chamber of Commerce & Industry (SCCI) executive committee. The SCCI executive committee comprised of 22 membe
Published 12 Aug, 2005 12:00am
Occurrence of diarrhea, abdominal diseases on the rise

Occurrence of diarrhea, abdominal diseases on the rise

The occurrence of diarrhea and other abdominal diseases is on the rise in city mainly on account of using contaminated water. According to Pakistan Society of Family Physicians President Dr Aftab Iqbal Sheikh, the intensity of problem could not be quantif
Published 12 Aug, 2005 12:00am
ICC arbitration conference

ICC arbitration conference

The Pakistan National Committee of the International Chamber of Commerce (ICC Pakistan) in collaboration with the ICC International Court of Arbitration is hosting a one-day ICC Arbitration Conference "The Right Formula: International Arbitration" on Nove
Published 12 Aug, 2005 12:00am
Kalim Siddiqui becomes LBSP chairman

Kalim Siddiqui becomes LBSP chairman

The Lubricant Business Society of Pakistan (LBSP) managing committee met here recently. In the meeting M. Qaiser Jamal relinquished his charge as the chairman and reposed his full confidence in Kalim A. Siddiqui to be the most capable individual to take o
Published 12 Aug, 2005 12:00am
Pakistan's foreign exchange reserves decline

Pakistan's foreign exchange reserves decline

The foreign exchange reserves during the week ended on August 6, decreased by $94.1 million to close at $12,514.9 million, State Bank of Pakistan (SBP) announced here on Thursday.
Published 12 Aug, 2005 12:00am
Procedure devised for quantitative entitlement of imported inputs

Procedure devised for quantitative entitlement of imported inputs

The Central Board of Revenue (CBR) has devised a procedure for the collectors of sales tax to ascertain the quantitative entitlement of inputs/raw materials imported by the vendors/manufacturers at concessional rate of customs duty for subsequent use in t
Published 12 Aug, 2005 12:00am
National Assembly body fails to evolve consensus on draft

National Assembly body fails to evolve consensus on draft

The National Assembly standing committee on law, justice and human rights on Thursday failed to evolve consensus on the draft of Law Reforms Bill, 2005. One of the members privy to the meeting informed Business Recorder that lawmakers have expresse
Published 12 Aug, 2005 12:00am
ADB mission calls on adviser

ADB mission calls on adviser

A two-member Asian Development Bank (ADB) mission led by Llyod Powell, Reform Implementation Specialist, called on Adviser to the Prime Minister on Finance Dr Salman Shah at the Finance Ministry here, on Thursday. The meeting reviewed the policy and struc
Published 12 Aug, 2005 12:00am
Precautionary steps to control fake sales tax refund claims

Precautionary steps to control fake sales tax refund claims

The Central Board of Revenue (CBR) has taken precautionary measures to ensure issuance of sales tax refund to the extent of genuine admissible limit and devised a methodology to control refund claims filed on the basis of fake sales tax invoices.
Published 12 Aug, 2005 12:00am
Commonwealth observers visit ECP

Commonwealth observers visit ECP

A six-member delegation of Commonwealth Observers on Thursday visited Election Commission of Pakistan (ECP) in connection with the local government elections.
Published 12 Aug, 2005 12:00am
2004-05 current account swings into deficit

2004-05 current account swings into deficit

The current account swung sharply into deficit in the 2004-05 fiscal year, official data showed on Thursday, a result analysts said was due to high oil prices and accelerating growth raising demand for imports.
Published 12 Aug, 2005 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on Thursday (August 11, 2005).

Published 12 Aug, 2005 12:00am
Pakistan to host G-20 meeting in September

Pakistan to host G-20 meeting in September

Expressing that there was no threat to the unity of G-20, India said on Thursday the group of developing countries formed to address common concerns in the WTO would hold its ministerial meeting in Pakistan next month. "G-20 hasn't lost focus. Our bonds a
Published 12 Aug, 2005 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on Thursday (August 11, 2005).

Published 12 Aug, 2005 12:00am
Instaphone claims to shake telecom market

Instaphone claims to shake telecom market

Instaphone, one of country's oldest mobile service providers, is bringing in the next generation cellular communications solutions in the market, said a press release on Thursday. The introduction of these new standards of technology by Instaphone will gi
Published 12 Aug, 2005 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on Thursday (August 11, 2005).

Published 12 Aug, 2005 12:00am
Five task forces to regulate induction, promotions in banking

Five task forces to regulate induction, promotions in banking

Five task forces have been set up to regulate induction and promotions in the banking profession. These are on recruitment and training, performance management, compensation and profits and remuneration. State Bank of Pakistan (SBP) Governor Dr Ishrat Hus
Published 12 Aug, 2005 12:00am
150 Pakistanis committed suicide: HRCP report

150 Pakistanis committed suicide: HRCP report

A total of one hundred and fifty persons committed suicide in the country during June 24 to July 24, according to a report carried in the journal of the Human Rights Commission of Pakistan for the current month.
Published 12 Aug, 2005 12:00am
Water purification plant at Hyderabad inaugurated

Water purification plant at Hyderabad inaugurated

First water purification plant, installed by District Government Hyderabad with the collaboration of RCC Consultants and So-Safe Water Technologies at Fort area was inaugurated by Waseem Akhtar, Adviser to Sindh Chief Minister for Local Government, on Thu
Published 12 Aug, 2005 12:00am
P&G launches Pantene Anti-Hair Fall shampoo

P&G launches Pantene Anti-Hair Fall shampoo

The Proctor & Gamble (P&G) Pakistan on Thursday announced the launch of its new Pantene Anti-Hair Fall shampoo. The new technology is designed to reduce up to 50 percent hair fall due to breakage. Announcing the launch of the new variant, P&G Pakistan Ass
Published 12 Aug, 2005 12:00am
Mehbooba seeks Musharraf's help for peace in Indian occupied Kashmir

Mehbooba seeks Musharraf's help for peace in Indian occupied Kashmir

Indian Occupied Kashmir's top woman politician and Peoples Democratic Party (PDP) chief Mehbooba Mufti has appealed to Pakistan President Pervez Musharraf on Thursday to help bring peace to the Indian Occupied Kashmir (IOK) by persuading freedom fighters
Published 12 Aug, 2005 12:00am
17 EoIs received for Peco land

17 EoIs received for Peco land

The privatisation commission has received 17 Expressions of Interest (EoIs) for sale of land in blocks 'A' & 'B' owned by the Pakistan Engineering Company Limited (Peco), at Badami Bagh, Lahore on "as is where is basis" through competitive bidding process
Published 12 Aug, 2005 12:00am
Rs 8.4 million approved for local administration offices automation

Rs 8.4 million approved for local administration offices automation

The Information Technology Ministry has approved Rs 8.4 million for complete automation of local administration offices. "The project aims at providing e-services to all the offices of local administration officials, including assistant and deputy commiss
Published 12 Aug, 2005 12:00am
Punjab University to start five-year BA LLB (Hons) programme

Punjab University to start five-year BA LLB (Hons) programme

Punjab University Law College has decided to start 5-year BA LLB (Hons) programme from September this year. The decision was taken in a meeting of Board of Studies in Law chaired by vice-chancellor Arshad Mahmood here on Thursday.
Published 12 Aug, 2005 12:00am
'Pakistan to be polio-free country by year-end'

'Pakistan to be polio-free country by year-end'

Federal Health Minister Naseer Mohammad Khan has said that the polio virus would be eradicated from the country by the end of the current calendar year. "A decade ago, Pakistan has 20,000 polio cases, which has now come down to only 12 this year.
Published 12 Aug, 2005 12:00am
'HDIP should be strengthened to introduce modern technology'

'HDIP should be strengthened to introduce modern technology'

Federal Minister for Petroleum and Natural Resources Amanullah Khan Jadoon said on Thursday that Pakistan was endowed with vast Hydrocarbon resources and Hydrocarbon Development Institute of Pakistan (HDIP) should be strengthened to introduce and promote
Published 12 Aug, 2005 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 12 Aug, 2005 12:00am
Nokia's brand value up at $26.45 billion

Nokia's brand value up at $26.45 billion

Nokia's brand value was assessed at 26.45 billion dollar in 2005, 105 higher than the 24.04 billion dollar valuation for 2004. The Business Week study ranking the world's top 100 brands only looked at companies that met certain criteria, ie having a brand
Published 12 Aug, 2005 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Thursday (August 11, 2005).

Published 12 Aug, 2005 12:00am
FOREIGN TRADE INQUIRIES

FOREIGN TRADE INQUIRIES

Export Promotion Bureau has received the following Trade Enquiries from abroad. Interested Pakistani parties dealing in the under mentioned items can obtain further details from the addresses given or from EPB Head Quarters and its Regional/Sub-Regional O
Published 12 Aug, 2005 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 12 Aug, 2005 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 12 Aug, 2005 12:00am
PML-Q accused of using state resources in local bodies' polls

PML-Q accused of using state resources in local bodies' polls

The ruling Pakistan Muslim League (Q) and its allies in the government are accused of utilising state resources to help their candidates win in the upcoming local body polls. Secretary General of the Punjab Alliance for Restoration of Democracy (ARD) Punj
Published 12 Aug, 2005 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 12 Aug, 2005 12:00am
CEC warns government officials against interference

CEC warns government officials against interference

Chief Election Commissioner Justice Abdul Hameed Dogar said on Wednesday the interference of the government functionaries would not be tolerated in the Local Government (LG) election.
Published 12 Aug, 2005 12:00am
WHO may designate UHS as collaborating center

WHO may designate UHS as collaborating center

The University of Health Sciences (UHS) has earned international recognition, as World Health Organisation (WHO) is in the process of designating UHS as its collaborating center for medical education, research and training.
Published 12 Aug, 2005 12:00am
China welcomes Pak-India CBMs

China welcomes Pak-India CBMs

China welcomed the decision taken by Pakistan and India to uphold cease-fire at the Line of Control (LoC), desist from setting up new posts in Kashmir and maintain agreement on airspace violations.
Published 12 Aug, 2005 12:00am
PML-N slams police action

PML-N slams police action

The Pakistan Muslim League-Nawaz (PML-N), slamming the police raid on election office of PML-N backing candidates and arrest of two leaders Rana Mehmood-ul-Hassan, MNA and Rao Anis-ur-Rehman from there, termed the mishandling a move to keep the opposition
Published 12 Aug, 2005 12:00am
LTE stall attracts big crowds

LTE stall attracts big crowds

Big crowds were seen on the stall of LT Engineering, the pioneer of Optical Fiber Technology in Pakistan. The company has saved the country million of dollars worth of foreign exchange by substituting imports of Optical Fiber Cable. It has established Opt
Published 12 Aug, 2005 12:00am
New sales tax system under SRO 666 (1) discussed

New sales tax system under SRO 666 (1) discussed

Lahore Chamber of Commerce and Industry (LCCI) in collaboration with Collectorate of Sales Tax and Central Excise Lahore arranged a marathon three-hour long session with manufacturers, importers and other businessmen to discuss the implementation of post
Published 12 Aug, 2005 12:00am
LHC allows local bodies' candidate to contest poll

LHC allows local bodies' candidate to contest poll

The Lahore High Court (LHC) has allowed one Rana Sajjad Munir to contest election for the office of nazim in Toba Tek Singh, and observed that a defaulter could not be stopped from contesting poll until a court did not issue decree against him.
Published 12 Aug, 2005 12:00am
DROs asked to ensure transparency in local bodies' polls

DROs asked to ensure transparency in local bodies' polls

Chief Election Commissioner of Pakistan (CEC) Justice Abdul Hameed Dogar has directed that the District Returning Officers (DROs) must ensure secrecy of the ballot to reflect impartiality and transparency in the forthcoming conduct of the Local Government
Published 12 Aug, 2005 12:00am