News Archives for Print - 2006-03-02

Print - 2006-03-02

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (March 01, 2006).

Published 02 Mar, 2006 12:00am

Wasim Sajjad's election to Senate challenged

A division bench of the Lahore High Court (Rawalpindi bench) has issued notices in a writ petition, challenging unopposed election of Barrister Wasim Sajjad of the ruling Pakistan Muslim League (PML) as Senator from the Federal capital area on technocrats

Published 02 Mar, 2006 12:00am

Poultry rates

Wholesale poultry rates on Wednesday (March 01, 2006) and for Thursday (March 02, 2006).

Published 02 Mar, 2006 12:00am

Train stoppage

Pakistan Railways has announced to provide one-minute stoppage to 19-Up/20-Down 'Khushhal Khan Khattak Express' at Choora Sharif station from March 08 to 11, 2006. This facility is being provided to the masses in connection with annual 'Urs' of Khawaja Ku

Published 02 Mar, 2006 12:00am

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from Thursday, March 02, 2006.

Published 02 Mar, 2006 12:00am

Transporters group dissociates from strike

A transporters group on Wednesday rejected the strike call given by different opposition parties and demanded of the provincial government and law enforcement agencies to provide them security on strike day.

Published 02 Mar, 2006 12:00am

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from Thursday, March 02, 2006.

Published 02 Mar, 2006 12:00am

CDG Peshawar presents Rs 6.5 billion annual budget

The City District Government Peshawar on Wednesday presented an annual budget of Rs 6.5 billion for the financial year 2005-06 with Rs 3.71 billion for development and Rs 1.873 billion non-developmental expenditure.

Published 02 Mar, 2006 12:00am

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from Thursday, March 02, 2006.

Published 02 Mar, 2006 12:00am

Bush to miss chickens, eggs at Musharraf's banquet

US President George W Bush, during his visit to Islamabad, would miss chicken and eggs in banquet to be hosted for him by the President Pervez Musharraf in the Presidency on March 4.

Published 02 Mar, 2006 12:00am

Multan commodities market rates

Commodities market rates in rupees on Wednesday (March 01, 2006).

Published 02 Mar, 2006 12:00am

Saudi envoy hands over 4,500 more tents

Saudi Arabia on Wednesday handed over more than 4,500 tents to Pakistan for quake-hit victims and promised a 40-bed mobile hospital. Saudi Arabia Ambassador to Pakistan Ali Asseri handed over tents to Federal Relief Commissioner Major General Farooq Ahmad

Published 02 Mar, 2006 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Wednesday (March 01, 2006).

Published 02 Mar, 2006 12:00am

OIC should adopt joint strategy against caricatures

The Organisation of Islamic Conference (OIC) should adopt a joint strategy against the publication of blasphemous caricatures in the Western media and make sure the stop of such mischief in future, said former Chairman Joint Chiefs of Staff Committee Admi

Published 02 Mar, 2006 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (March 01, 2006).

Published 02 Mar, 2006 12:00am

After sugar it is milk's turn

After sugar it is now, perhaps, time to increase milk prices at the retail level from Rs 24 to Rs 28 per litre - by four rupees at an average - if the prices of animal feed would not come down or checked by the government, milk wholesalers said on Wednesd

Published 02 Mar, 2006 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (March 01, 2006).

Published 02 Mar, 2006 12:00am

Karachi University postpones exams

The Examinations Department, University of Karachi on Wednesday announced that Second Professor MBBS, M.S, M.D and MLT exams scheduled on Friday, March 3, have been postponed.

Published 02 Mar, 2006 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (March 01, 2006).

Published 02 Mar, 2006 12:00am

Sony unveils LCD TV 'Bravia'

Sony Gulf-Pakistan on Wednesday unveiled a new range of seven flat panel LCD televisions, which leverages Sony's technological expertise to deliver outstanding picture quality.

Published 02 Mar, 2006 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Wednesday (March 01, 2006).

Published 02 Mar, 2006 12:00am

Bestway to revive Mustehkam Cement

The Bestway Cement has planned to start a project in Chakwal, having a capacity of 6,000 tones per day and efforts are underway to revive Mustehkam Cement.

Published 02 Mar, 2006 12:00am

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Wednesday (March 01, 2006).

Published 02 Mar, 2006 12:00am

Abad invites Chinese investment

The Association of Builders and Developers (Abad) has invited their Chinese counterparts for making investment in the housing and construction sectors in Pakistan.

Published 02 Mar, 2006 12:00am

THE RUPEE: four paisa loss versus dollar in interbank market

Downward revision continued in rupee value versus dollar in the interband market, losing four paisa at Rs 59.93 and Rs 59.95 for buying and selling, respectively, moneychangers said. The cause of rupee weakness was the rising demand for dollars, money exp

Published 02 Mar, 2006 12:00am

ITNE order: APNS clarification

"The All Pakistan Newspapers Society (APNS), commenting on the order dated February 27, 2006 of the ITNE Chairman, has clarified that the constitutional question as to the validity and vires of Newspaper Employees Acts, 1973 and decisions given by success

Published 02 Mar, 2006 12:00am

THE RUPEE: four paisa loss versus dollar in interbank market

Published 02 Mar, 2006 12:00am

English Biscuit ratings reaffirmed

JCR-VIS Credit Rating Company Limited (JCR-VIS) has reaffirmed the medium to long-term entity rating of 'A+' (Single A Plus) with 'Stable' outlook, and short-term entity rating of 'A 1' (A One) of English Biscuit Manufacturers (Pvt) Ltd (EBM).

Published 02 Mar, 2006 12:00am

Chemicals: BOC PAKISTAN LIMITED - Year Ended September 30, 2005 (Audited)

BOC Pakistan Limited (BOC Pakistan), formerly Pakistan Oxygen Limited, was incorporated in 1949 to acquire the assets in Pakistan of the then Indian Oxygen and Acetylene Company Limited.

Published 02 Mar, 2006 12:00am

English Biscuit ratings reaffirmed

Published 02 Mar, 2006 12:00am

Chemicals: BOC PAKISTAN LIMITED - Year Ended September 30, 2005 (Audited)

BOC Pakistan Limited (BOC Pakistan), formerly Pakistan Oxygen Limited, was incorporated in 1949 to acquire the assets in Pakistan of the then Indian Oxygen and Acetylene Company Limited.

Published 02 Mar, 2006 12:00am

Ibad for cartoon protests as per Islamic teachings

Representative people belonging to various walks of life in Sindh province have expressed grave concern over publication of blasphemous caricatures and similar other incidents in the European countries.

Published 02 Mar, 2006 12:00am

All shares index report

The sector-wise all shares index report on Wednesday (March 01, 2006).

Published 02 Mar, 2006 12:00am

Pakistan economy has contributed to Faysal Bank's growth: Aijaz

The economic growth in the country had contributed to Faysal Bank's profitability and as the outlook is positive it will increase the bank's growth further, said Aijaz Rahim, SEVP, Faysal Bank.

Published 02 Mar, 2006 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices on Wednesday (March 01, 2006).

Published 02 Mar, 2006 12:00am

Fruit, vegetable bodies asked to supplement government efforts

The Zila Nazim Hyderabad Kanwar Naveed Jamil has asked the Fruit and Vegetable Associations to supplement the district government efforts for maintaining cleanliness in the city to provide healthy atmosphere and hygienic fruit product to the citizens.

Published 02 Mar, 2006 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices on Wednesday (March 01, 2006).

Published 02 Mar, 2006 12:00am

NEIF to form expert body for syllabi review

The National Educational Institutional Forum (NEIF) to soon constitute an expert committee of private educational institutions to review the syllabi.

Published 02 Mar, 2006 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices on Wednesday (March 01, 2006).

Published 02 Mar, 2006 12:00am

Two-day world education fair from March 5

The two-day international education fair titled "Pakistan international education exhibition" to be held during March 5 to 6 at the Karachi Expo Centre.

Published 02 Mar, 2006 12:00am

BRIndex30 and BR Sectoral Indices

BRIndex30 and BR Sectoral Indices on Wednesday (March 01, 2006).

Published 02 Mar, 2006 12:00am

Pakistan committed to becoming poppy-free: Prime Minister

Prime Minister Shaukat Aziz on Wednesday said the government was committed to make Pakistan a poppy free country and called for an elaborate strategy to create mass awareness about drug addiction.

Published 02 Mar, 2006 12:00am

Despatch of dividend warrants

Dates of despatch of dividend warrants and bonus share certificates.

Published 02 Mar, 2006 12:00am

H5-infected birds samples not sent to London yet

Contrary to Monday's claim, the government has still not dispatched samples of H5-infected birds to EU Reference Laboratory in England to determine if the virus was the highly pathogenic H5N1 strain, officials said.

Published 02 Mar, 2006 12:00am

Presentation

Presentation at KSE auditorium (only for members and an authorised employee of the members).

Published 02 Mar, 2006 12:00am

PSO to launch 'CNG PLUS' shortly

Pakistan State Oil (PSO) is launching yet another innovative lubricant oil product for compressed natural gas (CNG) users, PSO CNG PLUS - that can withstand very high temperature in the CNG engine's combustion chamber.

Published 02 Mar, 2006 12:00am

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 02 Mar, 2006 12:00am

' International Civil Defence Day' celebrated

Like rest of the World, 'International Civil Defence Day'was celebrated in Pakistan with a renewed pledge that all out efforts will be made to raise awareness of the preparedness for, and prevention and self-protection measures in the event of accidents o

Published 02 Mar, 2006 12:00am

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 02 Mar, 2006 12:00am

SNGPL declares Rs 2,099 million profit

Sui Northern Gas Pipeline Ltd (SNGPL) has declared a historic after tax profit of Rs 2,099 million and earning per share (EPS) of Rs 4.21 for the half year ended December 31, 2005.

Published 02 Mar, 2006 12:00am

Dividend/Bonus Announcements

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

Published 02 Mar, 2006 12:00am

SNGPL declares Rs 2,099 million profit

Sui Northern Gas Pipeline Ltd (SNGPL) has declared a historic after tax profit of Rs 2,099 million and earning per share (EPS) of Rs 4.21 for the half year ended December 31, 2005.

Published 02 Mar, 2006 12:00am

Shares buy-back schedule

Shares buy-back schedule of listed companies on Wednesday (March 01, 2006).

Published 02 Mar, 2006 12:00am

Security steps taken for March 3 strike: DIG

A large number of police personnel will be deployed at important points in Lahore to ensure law and order on March 3, in the wake of strike call against the publication of blasphemous sketches.

Published 02 Mar, 2006 12:00am

Last date of renunciation/payment

Last dates of renunciation/payment.

Published 02 Mar, 2006 12:00am

PSM sell-off bid challenged in SHC

The Sindh High Court on Wednesday issued notices to Privatisation Commission, Ministry of Industries and Production and others on petition against privatisation of Pakistan Steel Mills and Privatisation Commission Ordinance, 2000.

Published 02 Mar, 2006 12:00am

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 02 Mar, 2006 12:00am

Benazir's assets frozen in Spain: NAB

Spanish authorities have frozen six bank accounts and confiscated a villa in Marbella owned by former Prime Minister Benazir Bhutto, her family and close aids valuing millions of dollars, National Accountability Bureau (NAB) disclosed on Wednesday.

Published 02 Mar, 2006 12:00am

Companies under suspension

"Under Suspension" Companies listed on the Karachi Stock Exchange.

Published 02 Mar, 2006 12:00am

Dilapidated sewerage system hindering uplift work: Kamal

City Nazim Syed Mustafa has said that obsolete water and sewerage system was not only causing hardships to people of Karachi but also a big hurdle in development works.

Published 02 Mar, 2006 12:00am

Clearing Schedule for T+3 System

Karachi Stock Exchange's Clearing Schedule for T+3 System.

Published 02 Mar, 2006 12:00am

PWP leader shot dead

Gunmen killed politician Nasrullah Khan Kakar in Balochistan on Wednesday, hours after suspected tribal militants blew up a gas pipeline in the region, officials said.

Published 02 Mar, 2006 12:00am

Dates of Closure of Books & Annual General Meetings

Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed on the stock exchanges.

Published 02 Mar, 2006 12:00am

PWP leader shot dead

Gunmen killed politician Nasrullah Khan Kakar in Balochistan on Wednesday, hours after suspected tribal militants blew up a gas pipeline in the region, officials said.

Published 02 Mar, 2006 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Wednesday (March 01, 2006).

Published 02 Mar, 2006 12:00am

29 killed in Iraq violence

At least 29 people were killed on Wednesday, most of them in a Baghdad car bomb attack, a day after multiple bombings in Iraq left 64 dead and revived fears of civil war.

Published 02 Mar, 2006 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Wednesday (March 01, 2006).

Published 02 Mar, 2006 12:00am

29 killed in Iraq violence

At least 29 people were killed on Wednesday, most of them in a Baghdad car bomb attack, a day after multiple bombings in Iraq left 64 dead and revived fears of civil war.

Published 02 Mar, 2006 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Wednesday (March 01, 2006).

Published 02 Mar, 2006 12:00am

Pact signed with Malaysian company for elevated expressway

An agreement for the construction of Pakistan''s first-ever elevated expressway in Karachi was signed here on Wednesday. The 24-km long elevated expressway will run from Quaidabad to Jinnah Bridge, alongside the Sharea Faisal.

Published 02 Mar, 2006 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Wednesday (March 01, 2006).

Published 02 Mar, 2006 12:00am

Pact signed with Malaysian company for elevated expressway

An agreement for the construction of Pakistan's first-ever elevated expressway in Karachi was signed here on Wednesday. The 24-km long elevated expressway will run from Quaidabad to Jinnah Bridge, alongside the Sharea Faisal.

Published 02 Mar, 2006 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Wednesday (March 01, 2006).

Published 02 Mar, 2006 12:00am

Pact signed with Malaysian company for elevated expressway

Published 02 Mar, 2006 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Wednesday (March 01, 2006).

Published 02 Mar, 2006 12:00am

UBL subsidiary launches open-end fund

UBL Fund Managers Limited has announced the launch of its new open-end fixed-income mutual fund, 'United Growth & Income Fund' (UGIF). The fund is targeted towards medium to long term investors, who may be hesitant due to stock market volatility but seek

Published 02 Mar, 2006 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Wednesday (March 01, 2006).

Published 02 Mar, 2006 12:00am

UBL subsidiary launches open-end fund

Published 02 Mar, 2006 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Wednesday (March 01, 2006).

Published 02 Mar, 2006 12:00am

KESC seeks revision of pricing system by Nepra

The Karachi Electric Supply Corporation (KESC) has calculated a loss of Rs 1,843 million in 12 months ending March 2006. This was stated by KESC in a recently filed petition with National Electricity Power Regulatory Authority (Nepra) asking for revision

Published 02 Mar, 2006 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Wednesday (March 01, 2006).

Published 02 Mar, 2006 12:00am

KESC seeks revision of pricing system by Nepra

Published 02 Mar, 2006 12:00am

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Wednesday (March 01, 2006).

Published 02 Mar, 2006 12:00am

KESC seeks revision of pricing system by Nepra

Published 02 Mar, 2006 12:00am

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Wednesday (March 01, 2006).

Published 02 Mar, 2006 12:00am

Ban on tent export lifted

The government has lifted the ban on tent exports following the completion of the supply of 300,000 tents for quake survivors. Secretary Textile, Masood Alam Rizvi told a private TV channel that export of tents was banned in the backdrop of its tremendous

Published 02 Mar, 2006 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 27	278.47
USD PKR Interbank Buying / Dec 27	278.22
USD to Japanese Yen / Dec 27	157.87
USD to Swiss Franc / Dec 27	0.90
Pound Sterling to USD / Dec 27	1.26
Euro to USD / Dec 27	1.04

Stock	Volume
S&P 500 / Dec 27	5,970.84
India Sensex / Dec 27	78,699.07
Tokyo Nikkei / Dec 27	40,281.16
Nasdaq / Dec 27	19,238.48
Hang Seng / Dec 27	20,090.46
FTSE 100 / Dec 27	8,149.78
Dow Jones / Dec 27	42,992.21
Germany DAX 30 / Dec 27	19,984.32

Item	Value
Crude Oil USD/Barrel / Dec 27	70.60
Gold 10 Grams PKR / Dec 27	234,225
Gold Spot USD/Ounce / Dec 27	2,621.40
Cotton US¢/pound / Dec 27	68.89
Petrol/Litre / Dec 28	252.10
Karachi Cotton PKR/37.32 KG / Dec 28	17,785

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 27 First Capital Equities Limited(FCEL)	6.10 ▲ 1.00 (19.61%)
Chenab Ltd (Pref) / Dec 27 Chenab Limited (Pref)(CLCPS)	4.50 ▲ 0.60 (15.38%)
Sec. Inv. Bank / Dec 27 Security Investment Bank Limited(SIBL)	7.99 ▲ 1.00 (14.31%)
786 Invest Ltd / Dec 27 786 Investments Limited(786)	8.15 ▲ 1.00 (13.99%)
Chenab Ltd / Dec 27 Chenab Limited(CHBL)	9.61 ▲ 1.00 (11.61%)
Next Capital / Dec 27 Next Capital Limited(NEXT)	10.90 ▲ 1.00 (10.10%)
Image Pakistan / Dec 27 Image Pakistan Limited(IMAGE)	20.31 ▲ 1.85 (10.02%)
Baba Farid Sugar / Dec 27 Baba Farid Sugar Mills Limited(BAFS)	53.08 ▲ 4.83 (10.01%)
Biafo Ind. / Dec 27 Biafo Industries Limited(BIFO)	208.88 ▲ 18.99 (10.00%)

Stock	Price
Burj Clean Energy Modaraba / Dec 27 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.10 ▼ -1.00 (-10.99%)
Blue-Ex Ltd / Dec 27 Blue-Ex Limited (GEM)(GEMBLUEX)	40.15 ▼ -4.46 (-10.00%)
Al-Khair Gadoon / Dec 27 Al-Khair Gadoon Limited(AKGL)	41.71 ▼ -4.63 (-9.99%)
Leiner Pak Gelat / Dec 27 Leiner Pak Gelatine Limited(LPGL)	131 ▼ -14.19 (-9.77%)
Jauharabad Sug / Dec 27 Jauharabad Sugar Mills Limited(JSML)	21 ▼ -2.10 (-9.09%)
Aruj Industries / Dec 27 Aruj Industries Limited(ARUJ)	8.62 ▼ -0.86 (-9.07%)
First Imrooz Mod. / Dec 27 First Imrooz Modaraba(FIMM)	200.20 ▼ -19.80 (-9.00%)
MithchellsFruit / Dec 27 Mitchells Fruit Farms Limited(MFFL)	243 ▼ -23.05 (-8.66%)
Grays Leasing / Dec 27 Grays Leasing Limited(GRYL)	5.71 ▼ -0.48 (-7.75%)

Stock	Volume
Fauji Foods Ltd / Dec 27 Fauji Foods Limited(FFL)	104,369,036 ▲ 0.78
WorldCall Telecom / Dec 27 Worldcall Telecom Limited(WTL)	72,731,608 ▲ 0.00
TRG Pak Ltd / Dec 27 TRG Pakistan Limited(TRG)	46,907,628 ▲ 1.54
Cnergyico PK / Dec 27 Cnergyico PK Limited(CNERGY)	40,110,243 ▲ 0.30
Hascol Petrol / Dec 27 Hascol Petroleum Limited(HASCOL)	34,416,789 ▲ 0.06
B.O.Punjab / Dec 27 The Bank of Punjab(BOP)	30,318,392 ▲ 0.04
Ghani Chem. Ind. / Dec 27 Ghani Chemical Industries Limited(GCIL)	26,183,062 ▲ 0.50
Sui South Gas / Dec 27 Sui Southern Gas Company Limited(SSGC)	25,823,481 ▲ 3.11
Silk Bank Ltd / Dec 27 Silkbank Limited(SILK)	25,520,925 ▼ -0.08

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