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Print - 2005-12-23
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 23 Dec, 2005 12:00am
Pakistani origin British national acquitted

Pakistani origin British national acquitted

A trial court here on Thursday acquitted Zehsan Siddique, a Pakistani origin British national charged by CID police for his illegal stay here besides recovering fake ID card from his possession.
Published 23 Dec, 2005 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Thursday (December 22, 2005).

Published 23 Dec, 2005 12:00am
EDB to hold exhibition from March 20

EDB to hold exhibition from March 20

Engineering Development Board (EDB) of the industries ministry will hold an exhibition "Engineering Pakistan" in Lahore from March 20 to 22, 2006 to identify star performers for further upgradation and hand carrying under Pakistan Engineering Exports Enha
Published 23 Dec, 2005 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 23 Dec, 2005 12:00am
Shaukat calls for projecting true spirit of Islam

Shaukat calls for projecting true spirit of Islam

Prime Minister Shaukat Aziz on Thursday underlined the need for unity among Muslims and called for projecting Islam in its true spirit as a religion of peace, brotherhood and inter-faith harmony.
Published 23 Dec, 2005 12:00am
Syndicate acquires JPGL''s administrative control

Syndicate acquires JPGL''s administrative control

An agreement to acquire 35 percent sponsor shares and full management control of Japan Power Generation Limited (JPGL) was signed (subject to regulatory approvals) by the syndicate comprising Pak Oman Investment Company, National Logistics Cell, Saudi Pak
Published 23 Dec, 2005 12:00am
Syndicate acquires JPGL's administrative control

Syndicate acquires JPGL's administrative control

An agreement to acquire 35 percent sponsor shares and full management control of Japan Power Generation Limited (JPGL) was signed (subject to regulatory approvals) by the syndicate comprising Pak Oman Investment Company, National Logistics Cell, Saudi Pak
Published 23 Dec, 2005 12:00am
Syndicate acquires JPGL's administrative control

Syndicate acquires JPGL's administrative control

An agreement to acquire 35 percent sponsor shares and full management control of Japan Power Generation Limited (JPGL) was signed (subject to regulatory approvals) by the syndicate comprising Pak Oman Investment Company, National Logistics Cell, Saudi Pak
Published 23 Dec, 2005 12:00am
SNGPL and SSGC told to cut gas losses to six percent

SNGPL and SSGC told to cut gas losses to six percent

The Oil and Gas Regulatory Authority (Ogra) has issued guidelines for the Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company (SSGC), asking them to bring line losses down to 6 percent, besides introducing a prudent system to improve t
Published 23 Dec, 2005 12:00am
SNGPL and SSGC told to cut gas losses to six percent

SNGPL and SSGC told to cut gas losses to six percent

The Oil and Gas Regulatory Authority (Ogra) has issued guidelines for the Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company (SSGC), asking them to bring line losses down to 6 percent, besides introducing a prudent system to improve t
Published 23 Dec, 2005 12:00am
SNGPL and SSGC told to cut gas losses to six percent

SNGPL and SSGC told to cut gas losses to six percent

The Oil and Gas Regulatory Authority (Ogra) has issued guidelines for the Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company (SSGC), asking them to bring line losses down to 6 percent, besides introducing a prudent system to improve t
Published 23 Dec, 2005 12:00am
Electricity towers blown up

Electricity towers blown up

The electric supply to Kohlu was suspended as some unidentified miscreants blown up two electricity towers in Barkhan district of Balochistan on Thursday.
Published 23 Dec, 2005 12:00am
Electricity towers blown up

Electricity towers blown up

The electric supply to Kohlu was suspended as some unidentified miscreants blown up two electricity towers in Barkhan district of Balochistan on Thursday.
Published 23 Dec, 2005 12:00am
Ginning factories: companies agree to continue insurance policies

Ginning factories: companies agree to continue insurance policies

Federal Minister for Food, Agriculture and Livestock Sikandar Hayat Khan Bosan has said the insurance companies have agreed to continue the insurance policies of cotton ginning factories as he assured them to resolve their problems.
Published 23 Dec, 2005 12:00am
CBR unable to remove regulatory duty on flour export to Afghanistan

CBR unable to remove regulatory duty on flour export to Afghanistan

The Central Board of Revenue (CBR) will not be able to withdraw 15 percent regulatory duty (RD) on the export of wheat flour to Afghanistan unless the tax authorities receives recommendations of the Ministry of Food, Agriculture and Livestock (Minfal) for
Published 23 Dec, 2005 12:00am
CBR unable to remove regulatory duty on flour export to Afghanistan

CBR unable to remove regulatory duty on flour export to Afghanistan

The Central Board of Revenue (CBR) will not be able to withdraw 15 percent regulatory duty (RD) on the export of wheat flour to Afghanistan unless the tax authorities receives recommendations of the Ministry of Food, Agriculture and Livestock (Minfal) for
Published 23 Dec, 2005 12:00am
CBR unable to remove regulatory duty on flour export to Afghanistan

CBR unable to remove regulatory duty on flour export to Afghanistan

The Central Board of Revenue (CBR) will not be able to withdraw 15 percent regulatory duty (RD) on the export of wheat flour to Afghanistan unless the tax authorities receives recommendations of the Ministry of Food, Agriculture and Livestock (Minfal) for
Published 23 Dec, 2005 12:00am
CBR unable to remove regulatory duty on flour export to Afghanistan

CBR unable to remove regulatory duty on flour export to Afghanistan

The Central Board of Revenue (CBR) will not be able to withdraw 15 percent regulatory duty (RD) on the export of wheat flour to Afghanistan unless the tax authorities receives recommendations of the Ministry of Food, Agriculture and Livestock (Minfal) for
Published 23 Dec, 2005 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Thursday (December 22, 2005).

Published 23 Dec, 2005 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Thursday (December 22, 2005).

Published 23 Dec, 2005 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Thursday (December 22, 2005).

Published 23 Dec, 2005 12:00am
India to free eight Pakistani prisoners

India to free eight Pakistani prisoners

India on Thursday decided to set free eight Pakistani prisoners as part of ongoing peace process between the two countries. "The government of India has decided to release and repatriate to Pakistan eight Pakistani prisoners on Monday," the foreign minist
Published 23 Dec, 2005 12:00am
Greece to donate $3.5 million for quake victims

Greece to donate $3.5 million for quake victims

The Greece government and people through different campaigns have collected 3.5 million dollars for earthquake victims. Interior Minister Aftab Ahmad Khan Sherpao said on Thursday.
Published 23 Dec, 2005 12:00am
Germany assures continuous assistance in relief operation

Germany assures continuous assistance in relief operation

German Defence Minister Dr Franz-Josef Jung on Thursday said German troops would continue to help and assist Pakistan in relief and rehabilitation work in the quake hit areas even after the departure of Nato forces.
Published 23 Dec, 2005 12:00am
PNSC to purchase used ship

PNSC to purchase used ship

Pakistan National Shipping Company (PNSC) will purchase a used ship, with a weight capacity of 65,000 tonnes, worth $50 million. Chairman PNSC, Vice Admiral Tauqeer Naqvi said that it would be the biggest ship of PNSC in dry cargo.
Published 23 Dec, 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 (December 22, 2005).

Published 23 Dec, 2005 12:00am
PSMA seeks protection of sugar mills' assets

PSMA seeks protection of sugar mills' assets

Pakistan Sugar Mills Association (PSMA) Sindh zone on Thursday expressed deep dismay on derailment of Sindh sugar industry, resulting in undue difficulties for genuine sugarcane farmers as their crop was being affected.
Published 23 Dec, 2005 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (December 22, 2005).

Published 23 Dec, 2005 12:00am
Iranian hot-roll coils import on increase

Iranian hot-roll coils import on increase

Import of hot-roll coils from Iran has been expedited during the last few months and Pakistan has so far imported 70,000 metric tons of hot-roll coils during 2005 to cater to the country''s needs. The trade got started in early January this year when Paki
Published 23 Dec, 2005 12:00am
Iranian hot-roll coils import on increase

Iranian hot-roll coils import on increase

Import of hot-roll coils from Iran has been expedited during the last few months and Pakistan has so far imported 70,000 metric tons of hot-roll coils during 2005 to cater to the country's needs. The trade got started in early January this year when Pakis
Published 23 Dec, 2005 12:00am
BMA-PGBI Closing Bell

BMA-PGBI Closing Bell

Yield on the BMA-PGBI remained stable and its value increased to close at 100.4952. The yields to maturity remained stable in the short, medium, as well as long tenors. The effect of interest rate return resulted in an increase in the value of the BMA-PGB
Published 23 Dec, 2005 12:00am
Iranian hot-roll coils import on increase

Iranian hot-roll coils import on increase

Import of hot-roll coils from Iran has been expedited during the last few months and Pakistan has so far imported 70,000 metric tons of hot-roll coils during 2005 to cater to the country's needs. The trade got started in early January this year when Pakis
Published 23 Dec, 2005 12:00am
BMA-PGBI Closing Bell

BMA-PGBI Closing Bell

Yield on the BMA-PGBI remained stable and its value increased to close at 100.4952. The yields to maturity remained stable in the short, medium, as well as long tenors. The effect of interest rate return resulted in an increase in the value of the BMA-PGB
Published 23 Dec, 2005 12:00am
Indian panel urges firing 10 MPs for taking cash

Indian panel urges firing 10 MPs for taking cash

An Indian parliamentary committee on Thursday urged the sacking of 10 members filmed taking cash for putting up questions in parliament, the latest in a series of corruption scandals in the world's largest democracy.
Published 23 Dec, 2005 12:00am
BMA-PGBI Closing Bell

BMA-PGBI Closing Bell

Yield on the BMA-PGBI remained stable and its value increased to close at 100.4952. The yields to maturity remained stable in the short, medium, as well as long tenors. The effect of interest rate return resulted in an increase in the value of the BMA-PGB
Published 23 Dec, 2005 12:00am
China and Opec start energy dialogue

China and Opec start energy dialogue

China and the Organisation of Petroleum Exporting Countries (Opec) started an energy dialogue Thursday aimed at ensuring a steady supply for the world's fastest growing energy user, officials said.
Published 23 Dec, 2005 12:00am
Alistair Cooke's family outraged over 'stolen bones'

Alistair Cooke's family outraged over 'stolen bones'

The family of Alistair Cooke, the late veteran BBC broadcaster, expressed horror Thursday at reports in New York that his bones may have been stolen by a criminal gang trading in body parts.
Published 23 Dec, 2005 12:00am
Absa in talks to buy Barclays South African units

Absa in talks to buy Barclays South African units

South African bank Absa is in talks to buy the local branch business of its parent firm Britain's Barclays as the two firms strive to create Africa's leading bank, Absa said on Thursday.
Published 23 Dec, 2005 12:00am
Japan's population starts shrinking

Japan's population starts shrinking

Japan's population fell for the first time this year, the government said Thursday, calling it a "turning point" that will force the world's second-largest economy to adapt to a rapidly aging society.
Published 23 Dec, 2005 12:00am
Bears stage comeback on ISE

Bears stage comeback on ISE

Bears returned in the front seat at the Islamabad Stock Exchange (ISE) where equities landed in minus column amid decrease in index. ISE network index showed a decrease of 40.71 points as the price-based indicator moved from 12,885.26 to 12,844.55 points.
Published 23 Dec, 2005 12:00am
Bears stage comeback on ISE

Bears stage comeback on ISE

Bears returned in the front seat at the Islamabad Stock Exchange (ISE) where equities landed in minus column amid decrease in index. ISE network index showed a decrease of 40.71 points as the price-based indicator moved from 12,885.26 to 12,844.55 points.
Published 23 Dec, 2005 12:00am
LSE index down by 18.35 points

LSE index down by 18.35 points

Share values depicted an unsymmetrical movement on the Lahore Stock Exchange (LSE) on Thursday, but finally ended easier following profit-taking, notably in oil and banking sectors.
Published 23 Dec, 2005 12:00am
LSE index down by 18.35 points

LSE index down by 18.35 points

Share values depicted an unsymmetrical movement on the Lahore Stock Exchange (LSE) on Thursday, but finally ended easier following profit-taking, notably in oil and banking sectors.
Published 23 Dec, 2005 12:00am
Pir Pagara supports Kalabagh Dam construction

Pir Pagara supports Kalabagh Dam construction

Pakistan Muslim League (PML-Functional) president Pir Pagara has announced his support for the construction of Kalabagh Dam, saying it would be beneficial for the people of Sindh. He was addressing a press conference at Kangri house here, on Thursday.
Published 23 Dec, 2005 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (December 22, 2005).

Published 23 Dec, 2005 12:00am
Pir Pagara supports Kalabagh Dam construction

Pir Pagara supports Kalabagh Dam construction

Pakistan Muslim League (PML-Functional) president Pir Pagara has announced his support for the construction of Kalabagh Dam, saying it would be beneficial for the people of Sindh. He was addressing a press conference at Kangri house here, on Thursday.
Published 23 Dec, 2005 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (December 22, 2005).
Published 23 Dec, 2005 12:00am
Pir Pagara supports Kalabagh Dam construction

Pir Pagara supports Kalabagh Dam construction

Pakistan Muslim League (PML-Functional) president Pir Pagara has announced his support for the construction of Kalabagh Dam, saying it would be beneficial for the people of Sindh. He was addressing a press conference at Kangri house here, on Thursday.
Published 23 Dec, 2005 12:00am
Cabinet clears ECO pact to set up data bank

Cabinet clears ECO pact to set up data bank

The federal cabinet has cleared a pact between member countries of the Economic Co-operation Organisation (CEO) according to which a data bank of smuggling and customs offences would be established at Ankara (Turkey), commerce ministry sources told Bus
Published 23 Dec, 2005 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Thursday (December 22, 2005).

Published 23 Dec, 2005 12:00am
2,300 tonnes Indian sugar purchased

2,300 tonnes Indian sugar purchased

An Indian sugar mill sold 2,300 tonnes of white sugar to Pakistan on Thursday, close on the heels of another company clinching a deal to deliver about 2,400 tonnes sugar to that country.
Published 23 Dec, 2005 12:00am
2,300 tonnes Indian sugar purchased

2,300 tonnes Indian sugar purchased

An Indian sugar mill sold 2,300 tonnes of white sugar to Pakistan on Thursday, close on the heels of another company clinching a deal to deliver about 2,400 tonnes sugar to that country.
Published 23 Dec, 2005 12:00am
2,300 tonnes Indian sugar purchased

2,300 tonnes Indian sugar purchased

An Indian sugar mill sold 2,300 tonnes of white sugar to Pakistan on Thursday, close on the heels of another company clinching a deal to deliver about 2,400 tonnes sugar to that country.
Published 23 Dec, 2005 12:00am
Telecom, bank sectors lead KSE decline

Telecom, bank sectors lead KSE decline

Some of the banking, cement and telecom sectors received selling pressure which trimmed the KSE-100 index by smaller margin where volume was on the lower side. The index opened on a positive note with thin volumes in all major stocks that assisted the mar
Published 23 Dec, 2005 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Thursday (December 22, 2005).

Published 23 Dec, 2005 12:00am
Telecom, bank sectors lead KSE decline

Telecom, bank sectors lead KSE decline

Some of the banking, cement and telecom sectors received selling pressure which trimmed the KSE-100 index by smaller margin where volume was on the lower side. The index opened on a positive note with thin volumes in all major stocks that assisted the mar
Published 23 Dec, 2005 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Thursday (December 22, 2005).

Published 23 Dec, 2005 12:00am
Telecom, bank sectors lead KSE decline

Telecom, bank sectors lead KSE decline

Some of the banking, cement and telecom sectors received selling pressure which trimmed the KSE-100 index by smaller margin where volume was on the lower side. The index opened on a positive note with thin volumes in all major stocks that assisted the mar
Published 23 Dec, 2005 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Thursday (December 22, 2005).

Published 23 Dec, 2005 12:00am
Barclays bid rates and maximum rates for payment of interest

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 23 Dec, 2005 12:00am