News Archives for Print - 2005-10-28

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Thursday (October 27, 2005).

Published 28 Oct, 2005 12:00am

Azad to be new puppet chief minister of Indian occupied Kashmir

A federal minister from India's ruling Congress party will be the new puppet chief minister of the Indian occupied Kashmir, in line with a power sharing pact with a regional party, a Congress spokeswoman said on Thursday.

Published 28 Oct, 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 28 Oct, 2005 12:00am

Garment sector gets 6 percent R&D support

The State Bank of Pakistan (SBP) has given six percent research and development support to the Garment Industry. The support would include 90 days for the submission and re-submission of cases instead of 30 days.

Published 28 Oct, 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 28 Oct, 2005 12:00am

Garment sector gets 6 percent R&D support

The State Bank of Pakistan (SBP) has given six percent research and development support to the Garment Industry. The support would include 90 days for the submission and re-submission of cases instead of 30 days.

Published 28 Oct, 2005 12:00am

Karachi interbank rates

Karachi interbank rates on Thursday (October 27, 2005).

Published 28 Oct, 2005 12:00am

Garment sector gets 6 percent R&D support

The State Bank of Pakistan (SBP) has given six percent research and development support to the Garment Industry. The support would include 90 days for the submission and re-submission of cases instead of 30 days.

Published 28 Oct, 2005 12:00am

Aaj TV - Friday's schedule

All timings are in PST (Pakistan Standard Time).

Published 28 Oct, 2005 12:00am

Relief officials baffle, upset over quake aid shortfall

The world's failure to come up with quick cash to help save hundreds of thousands of Pakistani quake survivors before winter sets in left relief officials on the ground baffled and upset on Thursday.

Published 28 Oct, 2005 12:00am

Foreign office takes strong exception to Indian remarks

Pakistan on Thursday took strong exception to the remarks made by the Indian Ministry of External Affairs spokesman regarding the situation in the Northern Areas of Pakistan.

Published 28 Oct, 2005 12:00am

Relief officials baffle, upset over quake aid shortfall

The world's failure to come up with quick cash to help save hundreds of thousands of Pakistani quake survivors before winter sets in left relief officials on the ground baffled and upset on Thursday.

Published 28 Oct, 2005 12:00am

Are they celebrating our dead?

Showing utter disregard to the sufferings of 3.3 million homeless, 77,000 injured and over 54,000 dead some members of Rawalpindi's business community remain adamant to celebrate Eid with jubilation.

Published 28 Oct, 2005 12:00am

Pakistan for early adoption of anti-terror strategy

Stressing the need for early adoption of a comprehensive strategy against terrorism, Pakistan on Thursday also called for developing an institutional mechanism to implement it.

Published 28 Oct, 2005 12:00am

Punjab University to collect funds for quake victims

Punjab University vice-chancellor Arshad Mahmood has constituted a committee to collect donations for the President's Relief Fund and organise relief operation at quake hit areas. Faculty of Law Dean Professor Dr Dil Muhammad Malik has been appointed as t

Published 28 Oct, 2005 12:00am

Enhanced aid from world bodies sought

Pakistan has urged accelerated efforts for the provision of shelter, food and other supplies to the quake-affected areas and survivors in the wake of fast approaching winter season.

Published 28 Oct, 2005 12:00am

Fast University collects Rs 2.66 million for quake victims

The Students, staff and the faculty members of Fast National University have collected rupees 2.66 million for quake stricken people in one week, says a press release here on Thursday. The University intends to participate in the rehabilitation phase, the

Published 28 Oct, 2005 12:00am

Enhanced aid from world bodies sought

Pakistan has urged accelerated efforts for the provision of shelter, food and other supplies to the quake-affected areas and survivors in the wake of fast approaching winter season.

Published 28 Oct, 2005 12:00am

IIMCT Hospital receives more serious patients

More serious patients have arrived in Islamic International Medical College Trust-Railway Hospital, Rawalpindi and Islamic International Medical Complex, Islamabad from the quake hit areas.

Published 28 Oct, 2005 12:00am

Draft resolution seeking quick aid moved in UN

Pakistan on Thursday circulated a draft resolution that would have the UN General Assembly urge the world community to "deliver swiftly" the pledged funds for relief and rehabilitation of the earthquake victims in the NWFP and Azad Kashmir.

Published 28 Oct, 2005 12:00am

'APPNA raised over $1 million for quake victims'

Just after the news of earthquake, the Association of Pakistan Physician of North America (APPNA) started a campaign and raised more than one million dollars for relief work.

Published 28 Oct, 2005 12:00am

Draft resolution seeking quick aid moved in UN

Pakistan on Thursday circulated a draft resolution that would have the UN General Assembly urge the world community to "deliver swiftly" the pledged funds for relief and rehabilitation of the earthquake victims in the NWFP and Azad Kashmir.

Published 28 Oct, 2005 12:00am

AKUH doctors team leaves for quake-hit area

Fourth team of doctors of the Aga Khan University Hospital (AKUH) left for Shaheed Gali, one of the worst earthquake-affected areas in the northern region, to provide medical aid to the people, it was learnt on Thursday.

Published 28 Oct, 2005 12:00am

Turkish embassy cancels national day reception

Turkish embassy in Islamabad has cancelled the Turkish national day reception, which was to be held on November 12. The reception has been cancelled as a sign of respect for the victims of October 8th earthquake and to express sorrow and affection to the

Published 28 Oct, 2005 12:00am

PIMA sets up 23 medical centres in Abbottabad

Pakistan Islamic Medical Association (PIMA) has set up 23 medical centers in Abbottabad where average 4,000 patients are being checked daily, while 390 minor and 100 major operations are being conducted on daily basis.

Published 28 Oct, 2005 12:00am

Body to detect flaws in enforcing ITMS at LTUs and MTUs

The Central Board of Revenue (CBR) has constituted a committee to identify shortcomings in the implementation of the Income Tax Management System (ITMS) at the Large Taxpayers Unit (LTUs) and Medium Taxpayer Units (MTUs).

Published 28 Oct, 2005 12:00am

4,490 quake victims in capital hospital

The number of earthquake victims has increased to 4,490 in different hospitals and relief camps in the federal capital. CDA has set up more than six relief's and emergency camps at Aabpara Community Centre, Sports Complex, G-9 Community Centre, Iqbal Hall

Published 28 Oct, 2005 12:00am

Body to detect flaws in enforcing ITMS at LTUs and MTUs

The Central Board of Revenue (CBR) has constituted a committee to identify shortcomings in the implementation of the Income Tax Management System (ITMS) at the Large Taxpayers Unit (LTUs) and Medium Taxpayer Units (MTUs).

Published 28 Oct, 2005 12:00am

Janoo Trust to send medical team to quake-hit areas

Haji Razzak Janoo Memorial Trust, On the instruction of Senate Chairman Muhammadmian Soomro, will send an 11-member medical team to the earthquake-affected areas.

Published 28 Oct, 2005 12:00am

Body to detect flaws in enforcing ITMS at LTUs and MTUs

The Central Board of Revenue (CBR) has constituted a committee to identify shortcomings in the implementation of the Income Tax Management System (ITMS) at the Large Taxpayers Unit (LTUs) and Medium Taxpayer Units (MTUs).

Published 28 Oct, 2005 12:00am

Warid PCOs in Rawalakot and Bagh

Warid Telecom on Thursday announced it has started free Public Call Offices (PCOs) service on (V-Sat) cellular on wheels (COW) in Rawalakot and Bagh districts within 12 hours.

Published 28 Oct, 2005 12:00am

Three private airlines to give presentations to MoD

The three private airlines will make presentations sometime next month (November) at the Ministry of Defence (MoD), Islamabad on the state of their preparedness to utilise the additional foreign routes/frequencies, granted to them by the MoD in July.

Published 28 Oct, 2005 12:00am

LSE emergency relief for quake victims

The management and members of Lahore Stock Exchange (LSE), fulfilling their social and moral responsibility, have extended emergency relief to the affected people of earthquake in Balakot.

Published 28 Oct, 2005 12:00am

Three private airlines to give presentations to MoD

The three private airlines will make presentations sometime next month (November) at the Ministry of Defence (MoD), Islamabad on the state of their preparedness to utilise the additional foreign routes/frequencies, granted to them by the MoD in July.

Published 28 Oct, 2005 12:00am

Tajima donates Rs 2.58 million

Tajima Industries of Japan - a leading manufacturers of Computerised Multi-head Embroidery Machines has donated Yen five million (equivalent to Pak rupees 2.58 million) to The Citizen Foundation for earthquake victims of Pakistan.

Published 28 Oct, 2005 12:00am

Three private airlines to give presentations to MoD

The three private airlines will make presentations sometime next month (November) at the Ministry of Defence (MoD), Islamabad on the state of their preparedness to utilise the additional foreign routes/frequencies, granted to them by the MoD in July.

Published 28 Oct, 2005 12:00am

MOL-Group plans to donate $0.2 million more

MOL-Group of Hungarian company has planned to contribute $0.2 million to rehabilitation and reconstruction process in quake-hit areas. Addressing a press conference here on Thursday.

Published 28 Oct, 2005 12:00am

Norway appeals world for maximum contributions

Norway has appealed the world community to come forward and contribute to the maximum for the cause of the quake victims of Pakistan who are at their life risk in the wake of emerging chilly weather.

Published 28 Oct, 2005 12:00am

Bill to set up high court in Islamabad discussed

Senior Advisor to the Prime Minister Sharifuddin Pirzada and Federal Minister for Law, Justice and Human Rights Muhammad Wasi Zafar on Thursday discussed the proposed bill along with other amendments relating to the establishment of high court for Islamab

Published 28 Oct, 2005 12:00am

USAID set to take lead in helping quake victims

William J. Garvelink, Usaid Co-ordinator for Pakistan, on Wednesday evening said the United States has plans to "take a lead" in rendering effective help to the earthquake-hit people "get shelter before the fast approaching winter."

Published 28 Oct, 2005 12:00am

HRW wheat bids unchanged, slow movement

Spot basis values for hard red winter wheat were unchanged on Thursday as wheat movement remained slow with farmers focused on fall seeding, merchants said.

Published 28 Oct, 2005 12:00am

Five top US CEOs to raise funds

US President George W. Bush on Thursday enlisted the aid of five US industry leaders to raise relief aid for victims of the October 8 earthquake. The United Nations has expressed concern at the world's failure to come up with more money to help in saving

Published 28 Oct, 2005 12:00am

Singapore bunker fuel prices lower

Singapore bunker prices were lower on Thursday as bunker premiums rose against expectation due to a lack of buying pressure, traders said.

Published 28 Oct, 2005 12:00am

Five top US CEOs to raise funds

US President George W. Bush on Thursday enlisted the aid of five US industry leaders to raise relief aid for victims of the October 8 earthquake. The United Nations has expressed concern at the world's failure to come up with more money to help in saving

Published 28 Oct, 2005 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 98,538 tonnes of cargo including 55,593 tonnes import and 42,538 tonnes export cargo including 4,693 containers during last 24 hours ending at 0700 hours on Thursday.

Published 28 Oct, 2005 12:00am

Pakistan and China call for proper disaster control

World Meteorological Organisation, China's National Meteorological Bureau, and eight countries including Pakistan, Afghanistan, Bangladesh and India underlined the need for developing proper management of disaster control.

Published 28 Oct, 2005 12:00am

Ivory Coast cocoa arrivals up

Cocoa arrivals at ports in Ivory Coast reached 113,664 tonnes between October 1 and 23, 2005, according to an estimate by major exporters on Thursday.

Published 28 Oct, 2005 12:00am

Chinese premier outlines five-point plan for relief efforts

Describing relations between Pakistan and China as all-weather friendship, Chinese Premier Wen Jiabao outlined a five-point plan for the rescue and relief efforts for the earthquake victims, during a meeting with Prime Minister Shaukat Aziz.

Published 28 Oct, 2005 12:00am

US Midwest corn and soyabean bids stronger

Corn and soyabean spot basis bids were stronger in the US Midwest early on Thursday as grain elevators and processors tried to coax farmers into selling their crops, grain dealers said.

Published 28 Oct, 2005 12:00am

Chinese premier outlines five-point plan for relief efforts

Describing relations between Pakistan and China as all-weather friendship, Chinese Premier Wen Jiabao outlined a five-point plan for the rescue and relief efforts for the earthquake victims, during a meeting with Prime Minister Shaukat Aziz.

Published 28 Oct, 2005 12:00am

FOB Gulf corn weaker, soya steady

US FOB Gulf corn basis offers were mostly lower on Wednesday amid declines in barge freight rates, while soyabeans were mostly steady, traders said.

Published 28 Oct, 2005 12:00am

India offers $25 million quake aid

India said on Thursday it had offered aid worth $25 million to Pakistan for relief and rebuilding areas ravaged by October 8 earthquake. The Indian offer was made at a UN-sponsored meeting in Geneva on Wednesday called to raise funds to help Pakistan over

Published 28 Oct, 2005 12:00am

CBOT wheat futures lower

Wheat futures on the Chicago Board of Trade retreated from early strength and closed lower on profit taking on Wednesday after Iraq confirmed a purchase of US wheat, traders said.

Published 28 Oct, 2005 12:00am

India offers $25 million quake aid

India said on Thursday it had offered aid worth $25 million to Pakistan for relief and rebuilding areas ravaged by October 8 earthquake. The Indian offer was made at a UN-sponsored meeting in Geneva on Wednesday called to raise funds to help Pakistan over

Published 28 Oct, 2005 12:00am

China seen importing more rice, exports to recover

China, the world's largest rice consumer, is likely to import more rice than it exports in the coming years even though a bumper harvest this year will boost exports next year, industry officials said on Thursday.

Published 28 Oct, 2005 12:00am

Jordan's Queen Rania to tour Muzaffarabad

Jordan's Queen Rania is to tour the quake-devastated town of Muzaffarabad in Azad Kashmir at the weekend on behalf of the United Nations Children's Fund (Unicef), her office said on Thursday.

Published 28 Oct, 2005 12:00am

Oil cake market rates

The futures move up on the forward cottonseed oilcake market on Thursday on improved buying , dealers said. The December vaida commenced at Rs 440.50. Later, it gained sharply at Rs 442.40. In the process of trading, it lost Rs 2.30 to be day's lowest at

Published 28 Oct, 2005 12:00am

Jordan's Queen Rania to tour Muzaffarabad

Jordan's Queen Rania is to tour the quake-devastated town of Muzaffarabad in Azad Kashmir at the weekend on behalf of the United Nations Children's Fund (Unicef), her office said on Thursday.

Published 28 Oct, 2005 12:00am

Hectic buying by mills before Eid holidays

Extended demand was seen by the mills in the cotton market on Thursday to cover the forward buying ahead of the Eid-ul-fitr holidays, dealers said. The official spot rate remained unchanged at Rs 2350, without upcountry expenses.

Published 28 Oct, 2005 12:00am

Qaddafi's son due today

Head of Qaddafi International Foundation for Charity Association Saiful Islam Qaddafi, son of Colonel Muammar Qaddafi, is arriving here on Friday. He is also bringing with him a large quantity of earthquake relief goods.

Published 28 Oct, 2005 12:00am

Indian rice exports seen rising

India's 2005 rice exports are likely to exceed four million tonnes, an executive from the India Rice Exporters Association said. Karan Chanana, secretary-general of the association, told Reuters India had shipped close to 3 million tonnes by the end of Se

Published 28 Oct, 2005 12:00am

Qaddafi's son due today

Head of Qaddafi International Foundation for Charity Association Saiful Islam Qaddafi, son of Colonel Muammar Qaddafi, is arriving here on Friday. He is also bringing with him a large quantity of earthquake relief goods.

Published 28 Oct, 2005 12:00am

Kirana items mixed

The trading on Kirana items moved mixed on Jodia Bazar on Jodia Bazar. The following changes were seen in the Big Cardomom down Rs 100 to Rs 7800, cloves up Rs 150 to Rs 9,500, Dry Ginger down Rs 100 to Rs 8,000, Isbaghol Bhoosi up Rs 100 to Rs 8,500 and

Published 28 Oct, 2005 12:00am

Debating competition

The annual internal English debating competition 2005 of GC University Lahore was held at the Bokhari Auditorium of the varsity under the auspices of GCU Debating Society.

Published 28 Oct, 2005 12:00am

Gram prices up on grain market

Tight supply position pushed grams prices higher on the grain markets on Thursday on continued buying to meet the demand during the month of Ramazan, dealers said.

Published 28 Oct, 2005 12:00am

ISE: bulls stage comeback

Bullish trend was observed at the Islamabad Stock Exchange (ISE) where fresh buying spree in hot favourite stocks moved the entire ready-board in upward direction amid increase in index.

Published 28 Oct, 2005 12:00am

Cotton output downsized dramatically

In one of the most significant moves on the cotton front, Federal Minister for Food and Agriculture Sikandar Hayat Bosan announced earlier this week that the government has scaled down the expected output to 12.5 million bales this year (2005-06) from the

Published 28 Oct, 2005 12:00am

ISE: bulls stage comeback

Bullish trend was observed at the Islamabad Stock Exchange (ISE) where fresh buying spree in hot favourite stocks moved the entire ready-board in upward direction amid increase in index.

Published 28 Oct, 2005 12:00am

Cotton output downsized dramatically

In one of the most significant moves on the cotton front, Federal Minister for Food and Agriculture Sikandar Hayat Bosan announced earlier this week that the government has scaled down the expected output to 12.5 million bales this year (2005-06) from the

Published 28 Oct, 2005 12:00am

Paper on Breast Conserving Surgery

Dr Arif Rasheed Khawaja, consultant surgeon Shaukat Khanum Memorial Cancer Hospital and Research Center will be presenting a paper on the topic of "Breast Conserving Surgery- A New Concept in Pakistan" in International Network for Cancer Treatment and Res

Published 28 Oct, 2005 12:00am

US soya export sales pace slow

US soybean export season has gotten off to a slow start and bird flu worries could further dampen demand, grain dealers and analysts said on Tuesday.

Published 28 Oct, 2005 12:00am

Remains of London suicide bomber buried

The remains of one of the four suicide bombers blamed for July 7 attacks in London were buried on Thursday in a village of his ancestors, relatives said.

Published 28 Oct, 2005 12:00am

New York coffee slides nearly two percent

US coffee futures sagged nearly 2 percent to a 9-day low on Wednesday, pressured by selling from Brazilian producers and speculators reacting to technical price signals, traders said.

Published 28 Oct, 2005 12:00am

PSDP being reprioritised

After diverting Rs 5 billion from the annual budgetary allocations for rescue and relief work in quake-hit areas, the government has also undertaken ''Reprioritisation'' of the current Public Sector Development Programme (PSDP) for the purpose.

Published 28 Oct, 2005 12:00am

New York cocoa ends at four-week high

US cocoa futures climbed 1.1 percent to a four-week high on Wednesday, buoyed by speculators taking precaution against possible unrest in top cocoa producer Ivory Coast this forthcoming weekend, traders said.

Published 28 Oct, 2005 12:00am

PSDP being reprioritised

After diverting Rs 5 billion from the annual budgetary allocations for rescue and relief work in quake-hit areas, the government has also undertaken 'Reprioritisation' of the current Public Sector Development Programme (PSDP) for the purpose.

Published 28 Oct, 2005 12:00am

MGE wheat futures end higher

spring wheat futures on the Minneapolis Grain Exchange closed higher on Wednesday on light commercial pricing and news of a sale of US wheat to Iraq, brokers said.

Published 28 Oct, 2005 12:00am

PSDP being reprioritised

After diverting Rs 5 billion from the annual budgetary allocations for rescue and relief work in quake-hit areas, the government has also undertaken 'Reprioritisation' of the current Public Sector Development Programme (PSDP) for the purpose.

Published 28 Oct, 2005 12:00am

Comex copper ends with gains

US copper futures ended with moderate losses on Wednesday as nervous bears pulled the red metal lower in thin late selling after the spot price set a new historic peak, traders said.

Published 28 Oct, 2005 12:00am

Musharraf orders release of Rs 2 billion for reconstruction in remote areas

President General Pervez Musharraf on Thursday directed prompt release of Rs 2 billion for reconstruction of individual houses in remote earthquake-ravaged areas of NWFP and Azad Jammu and Kashmir (AJK) and directed all-out efforts for providing relief to

Published 28 Oct, 2005 12:00am

Tokyo gold up, palladium rallies to 16-month high

Tokyo gold futures rose for a fourth consecutive day on Thursday as continued concerns over inflation induced steady buying from investors, with the strength in gold leading to a rally in palladium and platinum.

Published 28 Oct, 2005 12:00am

Musharraf orders release of Rs 2 billion for reconstruction in remote areas

President General Pervez Musharraf on Thursday directed prompt release of Rs 2 billion for reconstruction of individual houses in remote earthquake-ravaged areas of NWFP and Azad Jammu and Kashmir (AJK) and directed all-out efforts for providing relief to

Published 28 Oct, 2005 12:00am

New York gold lower, palladium hits 15-month high

US gold futures settled slightly lower on Wednesday in choppy trading, mirroring the euro's move down against the dollar, while other precious metals prices were a mixed bag, dealers said.

Published 28 Oct, 2005 12:00am

Musharraf orders release of Rs 2 billion for reconstruction in remote areas

President General Pervez Musharraf on Thursday directed prompt release of Rs 2 billion for reconstruction of individual houses in remote earthquake-ravaged areas of NWFP and Azad Jammu and Kashmir (AJK) and directed all-out efforts for providing relief to

Published 28 Oct, 2005 12:00am

Palladium at one-year high in Asian market

Gold rose in Asia on Thursday due to a weaker dollar while palladium extended gains, hitting its highest level in a year on renewed buying from investors.

Published 28 Oct, 2005 12:00am

PPL''''s 2004-05 profit up by 30 percent

The 54th Annual General Meeting (AGM) of the PPL shareholders was held here on Thursday. Chairman M.A.K. Alizai announced that the financial year 2004-05 (July/June) had been phenomenal for the company with a substantial growth in the revenue and highest

Published 28 Oct, 2005 12:00am

Australian barley down

Private group Australian Wheat Forecasters (AWF) has slightly trimmed its forecast of Australia's barley crop to 8.97 million tonnes, though it reported generally good growing conditions.

Published 28 Oct, 2005 12:00am

PPL''s 2004-05 profit up by 30 percent

The 54th Annual General Meeting (AGM) of the PPL shareholders was held here on Thursday. Chairman M.A.K. Alizai announced that the financial year 2004-05 (July/June) had been phenomenal for the company with a substantial growth in the revenue and highest

Published 28 Oct, 2005 12:00am

Malaysian tin down almost 2 percent as LME weighs

Malaysian tin prices fell for a fourth straight day on Thursday, losing almost 2 percent as weak London prices forced more sellers onto the market.

Published 28 Oct, 2005 12:00am

PPL's 2004-05 profit up by 30 percent

The 54th Annual General Meeting (AGM) of the PPL shareholders was held here on Thursday. Chairman M.A.K. Alizai announced that the financial year 2004-05 (July/June) had been phenomenal for the company with a substantial growth in the revenue and highest

Published 28 Oct, 2005 12:00am

Oil near $61 on US crude stock rise as winter looms

Oil held below $61 on Thursday, as brimming crude stockpiles in the United States eclipsed concerns of rising heating oil demand ahead of winter.

Published 28 Oct, 2005 12:00am

PPL's 2004-05 profit up by 30 percent

The 54th Annual General Meeting (AGM) of the PPL shareholders was held here on Thursday. Chairman M.A.K. Alizai announced that the financial year 2004-05 (July/June) had been phenomenal for the company with a substantial growth in the revenue and highest

Published 28 Oct, 2005 12:00am

LME copper rebounds on bargain hunting in Asia

London Metal Exchange (LME) copper futures edged up in Asia on Thursday on bargain hunting, after dipping below $3,890 a tonne following the ending of a one-day strike at a major smelter in Mexico.

Published 28 Oct, 2005 12:00am

SBP designs stress-testing framework

The State Bank of Pakistan (SBP) has designed a stress-testing framework for banks and DFIs to proactively manage risks. For this purpose, and to ensure consistency, a set of guidelines for banks and DFIs have been prepared by the central bank.

Published 28 Oct, 2005 12:00am

New York sugar down

Raw sugar prices closed largely easier on Wednesday on sales by small speculators as the market stayed pinned in a band and will likely be trapped there over the next few sessions, brokers said.

Published 28 Oct, 2005 12:00am

SBP designs stress-testing framework

The State Bank of Pakistan (SBP) has designed a stress-testing framework for banks and DFIs to proactively manage risks. For this purpose, and to ensure consistency, a set of guidelines for banks and DFIs have been prepared by the central bank.

Published 28 Oct, 2005 12:00am

Asian sugar delayed harvest puts shopping on hold

There is a wait and see approach among Asian sugar buyers as producing countries bring in their new crops a little slower than expected. The harvest in China and Thailand is expected to start a few weeks later than usual while rain in India has delayed cr

Published 28 Oct, 2005 12:00am

SBP designs stress-testing framework

The State Bank of Pakistan (SBP) has designed a stress-testing framework for banks and DFIs to proactively manage risks. For this purpose, and to ensure consistency, a set of guidelines for banks and DFIs have been prepared by the central bank.

Published 28 Oct, 2005 12:00am

Soyabeans slide as drop in soya oil weighs

Soyabean futures at the Chicago Board of Trade fell on Wednesday, setting back from this week's technical bounce with weakness in soyaoil contributing to the sell-off, traders said.

Published 28 Oct, 2005 12:00am

Seven Palestinians killed in Israeli air strike

At least seven Palestinians were killed and 13 wounded late Thursday in an Israeli air strike in northern Gaza, hospital and security sources told AFP. The blast occurred when three Israeli missiles slammed into a white Subaru travelling between Jabaliya

Published 28 Oct, 2005 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 14	277.83
USD PKR Interbank Buying / Nov 14	277.63
USD to Japanese Yen / Nov 14	155.86
USD to Swiss Franc / Nov 14	0.89
Pound Sterling to USD / Nov 14	1.27
Euro to USD / Nov 14	1.06

Stock	Volume
S&P 500 / Nov 13	5,985.38
Nasdaq / Nov 13	19,230.72
Dow Jones / Nov 13	43,958.19
India Sensex / Nov 14	77,517.41
Tokyo Nikkei / Nov 14	38,680.99
Hang Seng / Nov 14	19,503.42
FTSE 100 / Nov 14	8,042.72
Germany DAX 30 / Nov 14	19,122.26

Item	Value
Gold 10 Grams PKR / Nov 12	231,911
Karachi Cotton PKR/37.32 KG / Nov 13	18,085
Crude Oil USD/Barrel / Nov 14	67.97
Gold Spot USD/Ounce / Nov 14	2,558.37
Cotton US¢/pound / Nov 14	71.10
Petrol/Litre / Nov 15	248.38

Stock	Price
786 Invest Ltd / Nov 15 786 Investments Limited(786)	6.49 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 15 Al-Abbas Sugar Mills Limited(AABS)	599.28 ▼ 0.00 (0.00%)
Agro Allianz / Nov 15 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 15 Ali Asghar Textile Mills Limited(AATM)	62.51 ▼ 0.00 (0.00%)
Allied Bank / Nov 15 Allied Bank Limited(ABL)	114.80 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 15 Abbott Laboratories (Pakistan) Limited(ABOT)	1,019.78 ▼ 0.00 (0.00%)
Abson Ind. / Nov 15 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 15 Alfalah Consumer Index ETF.(ACIETF)	12.25 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 15 786 Investments Limited(786)	6.49 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 15 Al-Abbas Sugar Mills Limited(AABS)	599.28 ▲ 0.00 (0.00%)
Agro Allianz / Nov 15 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 15 Ali Asghar Textile Mills Limited(AATM)	62.51 ▲ 0.00 (0.00%)
Allied Bank / Nov 15 Allied Bank Limited(ABL)	114.80 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 15 Abbott Laboratories (Pakistan) Limited(ABOT)	1,019.78 ▲ 0.00 (0.00%)
Abson Ind. / Nov 15 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 15 Alfalah Consumer Index ETF.(ACIETF)	12.25 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 15 Worldcall Telecom Limited(WTL)	43,291,848 ▲ 0.00
Waves Home Appliances / Nov 15 Waves Home Appliances Limited(WAVESAPP)	33,201,636 ▲ 0.00
Pak Refinery / Nov 15 Pakistan Refinery Limited(PRL)	31,524,926 ▲ 0.00
K-Electric Ltd. / Nov 15 K-Electric Limited(KEL)	27,455,465 ▲ 0.00
Pak Elektron / Nov 15 Pak Elektron Limited(PAEL)	26,996,630 ▲ 0.00
Sui South Gas / Nov 15 Sui Southern Gas Company Limited(SSGC)	26,013,918 ▲ 0.00
The Searle Co. / Nov 15 The Searle Company Limited(SEARL)	25,704,933 ▲ 0.00
Pak Int.Bulk / Nov 15 Pakistan International Bulk Terminal(PIBTL)	23,694,836 ▲ 0.00
Secure Logistics / Nov 15 Secure Logistics Group Limited(SLGL)	23,623,241 ▲ 0.00

Most Popular