News Archives for Print - 2005-09-19

Print - 2005-09-19

Singapore shares seen cautious

Singapore shares are expected to trade in a narrow range this week on expectations US monetary policy makers would raise interest rates, dealers said.

Published 19 Sep, 2005 12:00am

Philippines shares expected to consolidate

Philippines share prices are expected to trade around current levels in the coming week, with investors uncertain after a sustained period of political tension and concerned by a possible hike in interest rates, dealers said.

Published 19 Sep, 2005 12:00am

US stock market eyes on Fed meeting, earnings

Investors should see stocks snap back this week and resume their September rally as long as any comments from the Federal Reserve on inflation and the economic effects of Hurricane Katrina are relatively benign.

Published 19 Sep, 2005 12:00am

Malaysian shares seen trading slightly higher

Malaysian share prices are expected to trade slightly higher in the week ahead after a period of rangebound activity, although volatility is expected to continue, dealers said.

Published 19 Sep, 2005 12:00am

UK stock market eyes Tesco results, BoE minutes

Financial results for supermarket giant Tesco and details of Bank of England policy appear set this week to move the London stock market, which crossed 5,400 points for the first time in more than four years.

Published 19 Sep, 2005 12:00am

Australian stocks expected to continue higher

Australian share prices are expected to continue to push into record territory this week after hitting new highs on the back of strong commodity prices, dealers said.

Published 19 Sep, 2005 12:00am

Taiwan shares to continue rangebound

Taiwan share prices are expected to continue rangebound this week, with the market unsettled by the recent sustained weakness in the local currency, taken to reflect foreign investors selling down their holdings, dealers said.

Published 19 Sep, 2005 12:00am

Eurostocks: German poll and Fed decision dominate

Sunday's German election will set the tone for European shares this week with a win for Angela Merkel's Christian Democrats widely seen as the best for stocks but a grand coalition feared.

Published 19 Sep, 2005 12:00am

China protests over Swiss politician's visit to Taiwan

China has lodged a protest with Switzerland's government over a senior politician's meeting with Taiwanese leaders while on a private trip to Taipei in August, the Swiss foreign ministry said on Sunday.

Published 19 Sep, 2005 12:00am

Earthquake causes panic in India and Bangladesh

An earthquake shook parts of north-east India and Bangladesh Sunday, causing panic in places, but officials in both countries said there were no immediate reports of damage or casualties.

Published 19 Sep, 2005 12:00am

BBC insists Katrina coverage impartial after Blair 'attack'

The BBC strongly defended itself Sunday against accusations of anti-US bias after British Prime Minister Tony Blair reportedly complained to media tycoon Rupert Murdoch about the public broadcaster's coverage of Hurricane Katrina.

Published 19 Sep, 2005 12:00am

About 200 go on hunger strike in Guantanamo

A hunger strike at the US military's prison camp at Guantanamo Bay, Cuba, has unsettled senior commanders and produced the most serious challenge yet to the military's effort to manage hundreds of terrorism suspects, The New York Times reported Sunday.

Published 19 Sep, 2005 12:00am

Former Afghan intelligence officials on trial

Two former Afghan military intelligence officials will go on trial in The Hague on Monday on charges of committing human rights violations including execution and torture during the 1980s.

Published 19 Sep, 2005 12:00am

Last-ditch wrangling for end to North Korean nuclear deadlock

The six nations negotiating an end to North Korea's nuclear weapons program will Monday discuss a new proposal from host China, which chief US delegate Christopher Hill described as a "good effort" to end the deadlock.

Published 19 Sep, 2005 12:00am

Germany may have first female chancellor

Voters appeared to have forced Germany's main political rivals into coalition with each other on Sunday, as exit polls showed conservative challenger Angela Merkel as winner but unable to form a centre-right alliance.

Published 19 Sep, 2005 12:00am

Abbas tells Israel not to interfere in Hamas vote row

Mahmud Abbas warned against any interference in Palestinian affairs Sunday after Israel intensified its threats to disrupt January's parliamentary elections if the radical Hamas movement takes part.

Published 19 Sep, 2005 12:00am

US and European officials meet to assess Iranian nuclear-proposals

Top US, British, French and German officials huddled here Sunday to assess Iran's latest proposals for resolving their nuclear stand-off a day before a key meeting of the UN nuclear watchdog in Vienna on the crisis.

Published 19 Sep, 2005 12:00am

Mugabe accuses UK and US of 'state terrorism'

Zimbabwean President Robert Mugabe on Sunday launched a virulent attack on Britain and the United States at the UN General Assembly, accusing them of "state terrorism" over the Iraq war.

Published 19 Sep, 2005 12:00am

Book claims KGB bribed India under Indira's regime

India's main opposition party Sunday called for an investigation into claims made in a new book that the former Soviet Union bribed senior figures of the Indira Gandhi government during the Cold War.

Published 19 Sep, 2005 12:00am

Indonesian troops begin withdrawal from Aceh

Indonesia began withdrawing troops from Aceh on Sunday following completion of an initial arms surrender by rebels, a key part of an agreement aimed at ending nearly 30 years of conflict.

Published 19 Sep, 2005 12:00am

Rebels slay Iraqi MP, parliament signs off on constitution

Iraqi rebels shot dead an MP and wounded another hours before parliament signed off the much-awaited draft constitution Sunday, paving the way for the charter to be put to a referendum on October 15.

Published 19 Sep, 2005 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 19 Sep, 2005 12:00am

PSO: latest example of SAP benefits

SAP implementation at Pakistan State Oil (PSO) is the largest in the nation's energy sector, encompassing the entire operation of an integrated downstream oil marketing company involving nearly 63 locations across the country.

Published 19 Sep, 2005 12:00am

AbacusConsulting: the leading management consulting firm in Pakistan

AbacusConsulting has been the leading management Consulting Firm in Pakistan for over 18 years. During this time we have helped hundreds of clients utilising our diverse portfolio of service offerings including strategic change services, finance transform

Published 19 Sep, 2005 12:00am

SummIT to help Pakistan's business community harness the momentum of country's economic growth

As part of its global tour, SAP Malaysia holding a two-day conference "Pakistan summit 2005" in Karachi. Opening today, the conference programme corresponds to SAP's need to be closer to its world-wide customers while expanding its coverage by working clo

Published 19 Sep, 2005 12:00am

Siemens Pakistan: premier implementer of SAP solutions

Siemens Pakistan in conjunction with SAP Malaysia is holding SAP summIT '05 in Karachi, Pakistan at the Karachi Sheraton Hotel and Towers.

Published 19 Sep, 2005 12:00am

Message from President and Managing Partner, AbacusConsulting

I congratulate SAP, the world's premier business technology organisation, for bringing such a high profile event to Pakistan. The SAP summit 2005 is indeed a milestone for Pakistan's IT solutions industry and puts Pakistan on the global ERP map.

Published 19 Sep, 2005 12:00am

Message from Managing Director of SAP Asia Pacific

SAP is the world's largest software company with a rich history of innovation and growth that has made us a true industry leader. By deploying the best technology, services, and development resources, SAP has delivered a business platform that unlocks val

Published 19 Sep, 2005 12:00am

Message from Managing Director and Chief Executive Officer Siemens Pakistan

I am very happy that SAP summit '05 is being held in Karachi, Pakistan. This will provide a tremendous boost to Information Technology in the country and provide an opportunity for business and industry leaders to interact with SAP professionals and learn

Published 19 Sep, 2005 12:00am

Message from Minister IT Government of Sindh

I am glad to learn that Siemens Pakistan is sponsoring the SAP Summit 05, being held at Karachi. The SAP summit 05 will certainly help increase the knowledge about SAP and IT in Pakistan.

Published 19 Sep, 2005 12:00am

Message from Federal Minister for IT & Telecom Government of Pakistan

I congratulate Siemens Engineering Pakistan on organising SAP SummIT 05 at Karachi on September 19-20 - 2005. The SAP SummIT 05 will be a source of awareness and knowledge not only among business houses but general public as well and will go a long way in

Published 19 Sep, 2005 12:00am

Syrian team hails AKU's role in HRD

The Syrian delegation appreciated AKU's role in human resource development in more than nine countries including Syria. This view was expressed during a recent visit to Aga Khan University (AKU) in Karachi.

Published 19 Sep, 2005 12:00am

Jewish invitation and General's response

Since the President has received an invitation to address American Jewish Congress. This invitation has generated hot debate and controversy within and outside the country.

Published 19 Sep, 2005 12:00am

Scope of jurisdiction of Federal Tax Ombudsman

Jurisdiction of Federal Tax Ombudsman (FTO) has been a burning issue ever since the Establishment of the office of the Federal Tax Ombudsman Ordinance, 2000 (Ordinance No. XXXV of 2000) hereinafter referred to as the FTO Ordinance.

Published 19 Sep, 2005 12:00am

Culture, ethics and values in the banking system

When I addressed you for the first time on March 25, 2000, we were in a despondent and gloomy mood. The economy was stagnant, external debt payment difficulties were pervasive and the financial soundness indicators of the banking system in Pakistan were q

Published 19 Sep, 2005 12:00am

From image improvement to self-derogation

President General Pervez Musharraf may be regretting the remarks he made on the Mukhtara Mai rape case in the course of his interview with the Washington Post, published last Tuesday, though he told his interviewer that he had no regrets about how he hand

Published 19 Sep, 2005 12:00am

Reasons for failure lie here not in Dubai

The Central Board of Revenue has asked the Income Tax Commissioners to undertake an exercise to ascertain the investments made in real estate in the UAE by Pakistanis from their tax-paid or tax evaded income. We fail to understand the rationale.

Published 19 Sep, 2005 12:00am

260 criminals arrested

District Police Rahim Yar Khan have arrested 260 criminals in its drive against anti-social elements and recovered stolen goods worth Rs 40.9 million besides illegal weapons and contrabands during last eight and a half months.

Published 19 Sep, 2005 12:00am

Registration of Madrassahs mandatory: Ijaz

Federal Religious Affairs Minister Ijazul Haq has said that registration of religious seminaries was mandatory adding that politicians would not be allowed to darken the career of 1.5 million students for their political ends.

Published 19 Sep, 2005 12:00am

Final list of candidates to be published on September 22

The scrutiny of the nomination papers filed by the candidates for the seats of City District Nazims and Towns Nazims in addition to the reserved seats for the District and Town Councils has been completed and 230 nomination papers out of 351 filed for 14

Published 19 Sep, 2005 12:00am

Problems of dry port users highlighted

The government is fully aware of the problems being confronted by dry ports and is keen to improve the export/import activities at the dry ports to reduce the rush of cargo at sea ports of the country.

Published 19 Sep, 2005 12:00am

Case registered against eight NLC employees

Gulberg Police have registered a case against eight employees of the National Logistic Cell for torturing a press photographer Asad Ullah, keeping him in illegal confinement and threatening him with dire consequences, besides snatching his camera.

Published 19 Sep, 2005 12:00am

PSIC to auction defaulters' properties

The Punjab Small Industries Corporation (PSIC) has announced to auction pledged properties of its 16 defaulters of Faisalabad region. According to PSIC sources, these properties would be auctioned through public auction here on September 28, 29 and Octobe

Published 19 Sep, 2005 12:00am

NGOs condemn Musharraf's remarks

Several local NGOs, under the umbrella of the Joint Action Committee (JAC) have questioned as to whether all the minor girls who had been raped were just trumping up cases as "money-making stunts" to obtain immigrant visas for foreign lands, and said that

Published 19 Sep, 2005 12:00am

Inquiry into railway dacoity ordered

Railway authorities have ordered an inquiry into a dacoity incident in the running Karachi bound Tezgam at gun point Wednesday night. The culprits injuring the attendant of AC Sleeper and looting Rs 23000 escaped between the railway stations of Mirdad Mua

Published 19 Sep, 2005 12:00am

Cargo flights from Sialkot likely by December

Development work on mega project of Sialkot International Airport is in full swing and it is expected that cargo flights would be started from this airport by December this year, sources in Sialkot International Airport told Business Recorder here

Published 19 Sep, 2005 12:00am

'Swiss court decision last nail in PPP's coffin'

Federal Minister for Information and Broadcasting Sheikh Rashid underscored that much-awaited Swiss Court decision against Benazir Bhutto and her spouse Asif Ali Zardari would prove a last nail in the coffin of Pakistan Peoples Party and subsequently woul

Published 19 Sep, 2005 12:00am

Railway fails to recover over 3,000 acres land from land mafia

Pakistan Railway is quite helpless to recover from the land mafia its more than 3000 acres land worth billions of rupees. Sources in the Ministry of Railways told Business Recorder that the railway officials were preparing a new policy to deal with

Published 19 Sep, 2005 12:00am

General Ehsan hails Chinese support in defence needs

Chairman Joint Chiefs of Staff Committee, General Ehsan-ul-Haq on Sunday admired China's continuous support in meeting Pakistan's defence and security requirements.

Published 19 Sep, 2005 12:00am

Humayun to address FICCI meeting

Federal Trade Minister Humayun Akhtar Khan will address a meeting of the Federation of Indian Chambers of Commerce and Industry in New Delhi.

Published 19 Sep, 2005 12:00am

Pak-Algeria JMC to explore means to enhance trade

Pakistan and Algeria will look into means of enhancing bilateral trade and co-operation in various spheres when the officials from the two countries sit across the table at a two-day first meeting of Joint Ministerial Commission (JMC) here on Monday.

Published 19 Sep, 2005 12:00am

560 illegal cable operators closed down

The Pakistan Electronic Media Authority (Pemra) in its countrywide campaign against illegal Cable Operators and Pornography has closed down 560 illegal Cable Operators and taken action against 86 Cable Operators showing pornographic and unethical contents

Published 19 Sep, 2005 12:00am

Two weekly offs among options to conserve energy

Secretary, Petroleum, Ahmed Waqar, has said that the government is considering various options to conserve energy, including two-day weekly off for all government and semi-government departments. Talking to Business Recorder on Saturday, he said th

Published 19 Sep, 2005 12:00am

Government likely to set up education regulatory authority

The government is likely to set up Education Regulatory Authority (ERA) in the federal capital to deal with private sector educational institutions, some of which the education ministry says were involved in unhealthy practices, it is reliably learnt.

Published 19 Sep, 2005 12:00am

Reap's conduct criticised

The Rice Exporters Association of Pakistan (Reap) disintegrated annual general meetings (AGM) was held on September 17, 2005, at Karachi, without the needed quorum of 25 percent of 1044 members.

Published 19 Sep, 2005 12:00am

Steps to check black money highlighted

Public funding to political parties can check the influence of black money and help control political corruption, said Centre for Civic Education (CCE) of Pakistan Executive Director Zafarullah Khan on Saturday.

Published 19 Sep, 2005 12:00am

10 petitions returned

The Lahore High Court (LHC)'s office returned as many as 10 petitions to a member of the Lahore High Court Bar Association (LHCBA) including his petition against increase in petroleum prices.

Published 19 Sep, 2005 12:00am

Sales yet to pick up despite approaching Ramazan

Sales on the commodity wholesale markets depicted least about Ramazan only few days away, except local moong recording rise and imports from Australia having arrived.

Published 19 Sep, 2005 12:00am

Shab-i-Barat to be observed today

Shab-i-Barat will be observed on Monday night with religious fervour. A statement of Tehrik Awam Ahle Sunnat Pakistan, the mosques will be illuminated and the Ulema will deliver sermons regarding the significance of Shab-i-Barat.

Published 19 Sep, 2005 12:00am

LHC benches for this week

As many as nine division benches and 20 single benches will work at principal seat of the Lahore High Court (LHC) during the week commencing from Monday (September 19).

Published 19 Sep, 2005 12:00am

Cotton sales and prices improve on abnormal rains report

Cotton sales and prices improved on met predictions that abnormal rains are expected both in southern Punjab and Sindh cotton belts during the week ended on September 17, 2005. In fact warning has been issued that rains may continue until the end of the r

Published 19 Sep, 2005 12:00am

Cotton sales and prices improve on abnormal rains report

Published 19 Sep, 2005 12:00am

Date for registration forms submission extended

The Incharge & Co-ordinator of Kalam-Mahodand 4x4 Jeep Rally, SSP Farooq Azam has informed that the last date for submission of registration forms for participation in the rally which was earlier fixed as 17th September 2005 has been extended up to 23rd i

Published 19 Sep, 2005 12:00am

Premier of first 3D animation series held

The premier of the first 3D animation series to be made in Pakistan: 'Mission: Clean Sweep - Reloaded' was held at the Universe Cineplex Karachi moderated by Bushra Ansari and Behroze Sabzwari who were also involved in the main characters' voice over in t

Published 19 Sep, 2005 12:00am

Meezan Bank launches 'MIIDA'

Meezan Bank has launched the Meezan Islamic Institution Deposit Account (MIIDA), a unique product tailored exclusively for Islamic Financial Institutions (IFIs).

Published 19 Sep, 2005 12:00am

National labour conference on September 20

All Pakistan Trade Union Federation is organising National Labour Conference on September 20, against the price hike, unemployment, amendment in Industrial Relations Ordinance and feudal system and to evolve future strategy.

Published 19 Sep, 2005 12:00am

HEC promoting research culture in universities

The University of Veterinary and Animal Sciences (UVAS) Lahore in collaboration with the Higher Education Commission (HEC) arranged a one-day workshop on 'Digital Library Resources' here on Saturday.

Published 19 Sep, 2005 12:00am

LCCI voter list challenged

The founders have challenged the voter lists of Chamber Class, Associate Class and Trade Group in the Lahore Chamber of Commerce and Industry (LCCI) on the pretext that some of the registered voters had fake NTN numbers.

Published 19 Sep, 2005 12:00am

Pakistan to have e-marking examination system

Pakistan would be the first country in South Asia having e-marking system in the examinations to be conducted by Aga Khan University Examination Board (AKU-EB) from 2006, which would ensure not only transparency but also help compile results within less t

Published 19 Sep, 2005 12:00am

Village Imams and Khateebs to get Rs 1200 as stipend

Federal Population Minister Chaudhry Shahbaz Hussain has said that by next year Rs 1,200 as stipend would be given to village Imams and Khateebs, in order to encourage them to spread information on family planning in their villages, as they have a promine

Published 19 Sep, 2005 12:00am

Urban population likely to touch 40 percent by 2010

Lack of employment opportunities and insufficient civic facilities in rural areas has led towards rapid urbanisation in Pakistan and the ratio of urban population is likely to touch 40 percent by 2010 as against 17.1 percent in 1951, experts believe.

Published 19 Sep, 2005 12:00am

'CDGL completes Rs 3 billion projects'

The City District Government Lahore has completed development projects worth Rs 3 billion in a transparent manner during the last four years. Candidate for District Nazim Lahore, Mian Amer Mahmood stated this while talking to newly elected nazims and naib

Published 19 Sep, 2005 12:00am

UBL keen to study Dubai municipality advanced system

United Bank Limited (UBL) of Pakistan is keen to study advanced monitoring system implemented at Dubai municipality, used to monitor all critical applications relating to Dubai's civil infrastructure.

Published 19 Sep, 2005 12:00am

'PPP regaining support in NWFP'

Provincial president PPP-Parliamentarian NWFP Rahimdad Khan on Sunday claimed that the party has started regaining support and getting popular in the province and the result of the first and second phase of the local bodies polls prove his contentions in

Published 19 Sep, 2005 12:00am

Mirwaiz urges co-operation among Kashmiri groups

All Parties Hurriyat Conference (APHC) leader, Mirwaiz Omar Farooq has urged co-operation among Kashmiri groups for the solution of Kashmir issue.

Published 19 Sep, 2005 12:00am

Sri Lankan army team in Lahore

A 20-member Command and Staff College delegation of Sri Lankan Army headed by Major General S.R. Balasuriya arrived here on a two-day visit to provincial metropolis.

Published 19 Sep, 2005 12:00am

Ivory Coast team calls on Soomro

Acting President and Chairman Senate Mohammadmian Soomro met here with a six-member delegation of Ivory Coast led by Dr Diaby Moustopha and discussed matters pertaining to mutual interests of both the countries.

Published 19 Sep, 2005 12:00am

Agriculture department and cotton growers hold divergent views

Sindh Agriculture Department held a series of workshops, the last at Cotton Research Institute, Sakrand, following critical appraisal of the performance of Agriculture Department officials of various disciplines and mounting corruption reports in the pres

Published 19 Sep, 2005 12:00am

'Corruption impedes fair competition'

Corruption in public contracting leads to a distortion of fair competition and frequently to the waste of scarce resources. In developing countries, this act contributes to the neglect of basic needs and to increased poverty.

Published 19 Sep, 2005 12:00am

One killed in tribal clash

A man was killed and five others were seriously injured in a clash between Kosh Jatoi and Solangi tribes here on Sunday. Ten houses were also reduced to ashes.

Published 19 Sep, 2005 12:00am

Modaraba Association meeting today

The Modaraba Association of Pakistan to hold 12the executive general meeting on Monday, discussing last year's performance of the sector and measures to be taken in the current fiscal year to improve its performance.

Published 19 Sep, 2005 12:00am

Modaraba Association meeting today

Published 19 Sep, 2005 12:00am

Pakistan on path to progress: President

Vowing to pass on Pakistan to the new generation in a sound state, President General Pervez Musharraf asked the youths on Saturday to be confident of Pakistan as it is now capable of taking on all the challenges and problems.

Published 19 Sep, 2005 12:00am

Measures urged to encourage private sector ship owning

The shipping policy should be coherent and at par with the international maritime practices to encourage private sector ship owning. This was advised in a detailed briefing given to the Prime Minister Shaukat Aziz by the 'Advisory Committee on Pakistan Fl

Published 19 Sep, 2005 12:00am

TI workshop

Transparency International Pakistan is holding a workshop on "Capacity Building and Training on Procurement" from September 19-21 at a local hotel in Karachi. Chairman National Accountability Bureau, Lt. General Munir Hafiz will inaugurate the 3-day inter

Published 19 Sep, 2005 12:00am

Heart diseases on rise in Pakistan

Heart diseases are being spread like an epidemic in Pakistan mainly on account of high blood pressure, diabetes, obesity, cigarette smoking, stress and high cholesterol. This was stated by renowned cardiologist, Dr Naeem Tareen, while addressing the membe

Published 19 Sep, 2005 12:00am

'Alcohol and diabetes raise risk of liver cancer'

Excessive alcohol use, diabetes and viral hepatitis combine synergistically to raise the risk of developing liver cancer. This was stated by renowned physician and Secretary General, Pakistan Society of Family of Physicians (PSFP), Dr Sheharyar Bhatti, wh

Published 19 Sep, 2005 12:00am

Sindh governor praises book on press freedom

Sindh Governor Dr Ishratul Ibad has described the book written by Mahmudul Aziz, managing editor of UPP and Pictorial News Review, on Press Freedom and Role of Newspaper Editors in Pakistan as an important document of the history of the print media in Pak

Published 19 Sep, 2005 12:00am

Schon Circle underpass to open on October 1

President General Pervez Musharraf will inaugurate the first underpass project in the province at Schon Circle, Karachi on October 1. This was stated by the Minister for Ports and Shipping Babar Ghauri here on Sunday while visiting various development pro

Published 19 Sep, 2005 12:00am

Five-day working week opposed

The Pakistan Bedwear Exporters Association (PBEA) has strongly opposed the proposal for five-day working week to reduce oil consumption in view of the rising oil prices in the international market.

Published 19 Sep, 2005 12:00am

Shujaat meets Shaukat

Centenary celebrations of the Pakistan Muslim League (PML) as well as political and national matters were discussed during a meeting between Prime Minister Shaukat Aziz and PML president Chaudhry Shujaat Hussain, who met him at the Prime Minister house he

Published 19 Sep, 2005 12:00am

US Congress lauds Musharraf as 'man of vision'

The US Congress has eulogised President General Pervez Musharraf as "a man of vision" and "an indispensable leader." It is stated in a citation read out at a dinner hosted by the American Jewish Congress (AJC) for President Musharraf.

Published 19 Sep, 2005 12:00am

Khushhali Bank to set up branches in all districts by 2007

Khushhali Bank will be setting up its branches across all districts of the country by the end of 2007 to enhance service outreach to the majority of poor households while maintaining financial sustainability.

Published 19 Sep, 2005 12:00am

Jamote likely to be elected Matiari Nazim unopposed

Mohammed Ali Shah Jamote, backed by Pakistan Muslim League (Functional), is likely to be elected District Nazim of Matiari unopposed, as the Awam Dost panel did not field any candidate against him due to compromise between Jamotes and Makhdooms of Hala.

Published 19 Sep, 2005 12:00am

Government accused of deviating from principled stand on Israel

Pakistan Muslim League-N has accused President General Pervez Musharraf of deviating from the country's decade-old stance by shaking hand and formally meeting with Israeli Prime Minister Ariel Sharon during the United Nations Generally Assembly Summit in

Published 19 Sep, 2005 12:00am

Benazir slams President's remarks against rape victims

Former Prime Minister and Chairperson of the Pakistan People's Party Benazir Bhutto has asked President General Pervez Musharraf to tender unconditional apology to the people particularly the women of Pakistan for his most insensitive remarks about the co

Published 19 Sep, 2005 12:00am

Cotton market bearish due to weak fundamentals

During the last week ending on September 17, 2005, vast cotton areas of Sindh and Punjab received rains, somewhere benefiting and elsewhere damaging the cotton crop. The negative aspect of the rains was that the gusty winds preceded rains, causing fruit-s

Published 19 Sep, 2005 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 25	277.83
USD PKR Interbank Buying / Nov 25	277.73
USD to Japanese Yen / Nov 26	153.83
USD to Swiss Franc / Nov 26	0.89
Pound Sterling to USD / Nov 26	1.25
Euro to USD / Nov 26	1.05

Stock	Volume
S&P 500 / Nov 25	5,987.37
Nasdaq / Nov 25	18,054.84
Dow Jones / Nov 25	44,736.57
India Sensex / Nov 26	80,083.15
Tokyo Nikkei / Nov 26	38,266.61
Hang Seng / Nov 26	19,174.25
FTSE 100 / Nov 26	8,253.38
Germany DAX 30 / Nov 26	19,284.47

Item	Value
Gold 10 Grams PKR / Nov 25	244,860.20
Crude Oil USD/Barrel / Nov 26	69.17
Karachi Cotton PKR/37.32 KG / Nov 26	17,685
Gold Spot USD/Ounce / Nov 26	2,623.04
Cotton US¢/pound / Nov 26	71.35
Petrol/Litre / Nov 27	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 27 786 Investments Limited(786)	6.86 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 27 Al-Abbas Sugar Mills Limited(AABS)	610 ▼ 0.00 (0.00%)
Agro Allianz / Nov 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 27 Ali Asghar Textile Mills Limited(AATM)	74.39 ▼ 0.00 (0.00%)
Allied Bank / Nov 27 Allied Bank Limited(ABL)	122.01 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 27 Abbott Laboratories (Pakistan) Limited(ABOT)	998.48 ▼ 0.00 (0.00%)
Abson Ind. / Nov 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 27 Alfalah Consumer Index ETF.(ACIETF)	12.42 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 27 786 Investments Limited(786)	6.86 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 27 Al-Abbas Sugar Mills Limited(AABS)	610 ▲ 0.00 (0.00%)
Agro Allianz / Nov 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 27 Ali Asghar Textile Mills Limited(AATM)	74.39 ▲ 0.00 (0.00%)
Allied Bank / Nov 27 Allied Bank Limited(ABL)	122.01 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 27 Abbott Laboratories (Pakistan) Limited(ABOT)	998.48 ▲ 0.00 (0.00%)
Abson Ind. / Nov 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 27 Alfalah Consumer Index ETF.(ACIETF)	12.42 ▲ 0.00 (0.00%)

Stock	Volume
Hascol Petrol / Nov 27 Hascol Petroleum Limited(HASCOL)	64,823,622 ▲ 0.00
Cnergyico PK / Nov 27 Cnergyico PK Limited(CNERGY)	48,065,578 ▲ 0.00
Fauji Foods Ltd / Nov 27 Fauji Foods Limited(FFL)	40,919,425 ▲ 0.00
WorldCall Telecom / Nov 27 Worldcall Telecom Limited(WTL)	33,547,707 ▲ 0.00
K-Electric Ltd. / Nov 27 K-Electric Limited(KEL)	32,092,012 ▲ 0.00
Sui South Gas / Nov 27 Sui Southern Gas Company Limited(SSGC)	30,420,168 ▲ 0.00
Treet Battery / Nov 27 Treet Battery Limited(TBL)	22,823,492 ▲ 0.00
B.O.Punjab / Nov 27 The Bank of Punjab(BOP)	20,014,784 ▲ 0.00
Waves Home Appliances / Nov 27 Waves Home Appliances Limited(WAVESAPP)	19,695,105 ▲ 0.00

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