News Archives for Print - 2006-03-24

Print - 2006-03-24

We are sorry, Pakistan tells ousted India

Pakistan captain Mohammad Saqlain on Thursday apologised to India after his team forced their arch-rivals to bow out from the Commonwealth Games men's field hockey.

Published 24 Mar, 2006 12:00am

CCTVs to be installed to curb crimes

The district police have planned to install the special surveillance closed-circuit cameras in district 80 sensitive declared places in district under a foolproof security plan to curb the menace of crimes.

Published 24 Mar, 2006 12:00am

10 personalities get national awards in NWFP

An impressive ceremony was held at Governor's House, Peshawar on the eve of Pakistan Day wherein ten prominent personalities; hailing from NWFP were honoured with national awards on behalf of the President of Pakistan for their extra ordinary achievements

Published 24 Mar, 2006 12:00am

Burney expedites efforts for Pakistani crewmen release

The Ansar Burney Trust International has increased its efforts for the early release of nine Pakistani trafficked crewmen, who are on slavery in a private jail on a ship in Mauritania for the last eight months and now starving in sea.

Published 24 Mar, 2006 12:00am

Literacy termed vital to human uplift

Chairman National Commission for Human Development (NCHD) Dr Naseem Ashraf has said that education is a basic need of the society and human development is achieved through literacy and retrospectively the national security.

Published 24 Mar, 2006 12:00am

Tevta promoting sports activities

Technical Education and Vocational Training Authority (Tevta) is spending huge amount to organise sports activities in as many as 21 districts of the Punjab province.

Published 24 Mar, 2006 12:00am

182 Pakistan Civil Awards conferred

The recipients of 180 Pakistan Civil Awards, conferred by the President General Pervez Musharraf on 14th August, 2005 and 2 Pakistan Civil Awards conferred after 14th August, 2005, were decorated on 23rd March, 2006 in Islamabad, provincial capitals and P

Published 24 Mar, 2006 12:00am

Award

A senior producer of China Radio International (CRI) Urdu Service, Madam Sun Lian Mei received Tamgha-i-Quaid-i-Azam at a ceremony held at Pakistan Embassy here on Thursday.

Published 24 Mar, 2006 12:00am

Ibad and Arbab visit Mazar-e-Quaid

Sindh Governor Dr Ishratul Ibad has said that Pakistan Day reminds the whole nation of the ideology and principles on the basis of which Pakistan was created.

Published 24 Mar, 2006 12:00am

Highhandedness of income tax department irks ship agents

The Income Tax Department has been accused of causing harassment to ship agents and "discouraging one of the most prestigious service sectors in Pakistan."

Published 24 Mar, 2006 12:00am

Muslim Big exhibition to be held next year

Muslim Big, an international exhibition and conference for promoting 'enlightened moderation' strategy through trade and culture, would be held from February 10 to 12, 2007 at the Karachi Expo Centre.

Published 24 Mar, 2006 12:00am

Under-utilisation of development funds

The story of under-utilisation of development funds seems to be unending. Lots of money, often surpassing previous year's allocation by a wide margin, is earmarked for development and poverty alleviation programmes at the time of budget preparation, only

Published 24 Mar, 2006 12:00am

Needed an independent Election Commission

Like so many things in our politics the recent appointment by the President of Justice Qazi Mohammad Farooq (retd) as the Chief Election Commission for a three-year term as per Article 213 of the Constitution, has become a subject of controversy and criti

Published 24 Mar, 2006 12:00am

India can cede Jammu and Kashmir - legally! -II

The tribunal comes in only if there is so grave and significant an encroachment on the state's powers by the Centre concerned, New Delhi or Islamabad, as to impair its autonomy. This should not raise hackles in New Delhi.

Published 24 Mar, 2006 12:00am

Promotions in national airline

When a State-owned corporation indulges in flouting the laid down criterion for promotion of the employees to a higher cadre, it is bound to the lower morale in that organisation. If this organisation happens to be an airline, its very operation becomes c

Published 24 Mar, 2006 12:00am

The small investors

Price manipulation in the stock exchanges is a basic ground reality. Everybody knows it. There are a few big brokers who indulge in it. And they do it, in tandem. But the difference is that they stop after making a kill. But these few have no scruples at

Published 24 Mar, 2006 12:00am

Bonuses down for Asian oil traders

Andy Ong drives a Porsche and has a BMW at home for his wife, a former air stewardess. Like many in the oil trading fraternity, he navigated his way through opaque markets to profit from risky multi-million dollar deals.

Published 24 Mar, 2006 12:00am

KBC pre-budget seminar on March 25

The Karachi Branch Council (KBC) under the aegis of the Institute of Cost and Management Accountants of Pakistan (ICMAP) is organising a day-long Pre-Budget Seminar at a local hotel here on March 25.

Published 24 Mar, 2006 12:00am

Execution of massive uplift schemes in Hyderabad from April

The month of April 2006 is bringing new hope for the people of Hyderabad as the district government has decided to execute massive development schemes in different parts of the district.

Published 24 Mar, 2006 12:00am

'Work on Mass Transit Corridor likely by June'

City Nazim Syed Mustafa Kamal on Thursday said that steps were being taken to ensure initiating of work on the Mass Transit Corridor-II by June 2006. This US $500 million project would be constructed with the help of China.

Published 24 Mar, 2006 12:00am

PMA marathon prize distribution

The prize distribution ceremony of the 17th PMA Karachi City Marathon and the Health Walk was held recently at the PMA House here. A total of 19 prizes were distributed amongst the winners and the runner-ups.

Published 24 Mar, 2006 12:00am

Jamaat to observe protest day today

An All Parties Conference (APC) on Wednesday expressing concern on deteriorating law and order situation in Karachi, unanimously held government responsible for it and said provincial government had lost its legality as it failed in protecting lives and p

Published 24 Mar, 2006 12:00am

Expo Pakistan 2006

Irfan Nadeem, Director General Export Promotion Bureau (EPB) convened a meeting of Hospitality Committee for Expo Pakistan 2006 at Karachi Expo Centre.

Published 24 Mar, 2006 12:00am

Passengers, cargo flights for Hyderabad soon

District Nazim Hyderabad Kanwar Naveed Jamil has said that passengers and cargo flight services at Hyderabad Airport would be started soon, adding that he had written letters to PIA and other private airlines in this connection.

Published 24 Mar, 2006 12:00am

Karachi University department pays tributes to Hashmi

Glowing tributes were paid to late SH Hashmi, a prominent figure of the advertising industry at a condolence meeting held at the Department of Mass Communication University of Karachi on Wednesday evening.

Published 24 Mar, 2006 12:00am

US MIDDAY: gold slides

US gold prices sank for a third session to touch a nine-day low early on Thursday, as speculative and dealer selling accelerated amid technical weakness and a rising US dollar, trading sources said.

Published 24 Mar, 2006 12:00am

US MIDDAY: soya sets back

Soyabean futures at the Chicago Board of Trade were weak early on Thursday, pressured by bearish weekly export sales data issued before the open, traders said.

Published 24 Mar, 2006 12:00am

US MIDDAY: copper rallies

US copper futures rallied early Thursday after a landslide was reported overnight at the giant Indonesian Grasberg copper mine, then renewed their climb when US home sales jumped instead of slowing down as expected, traders said.

Published 24 Mar, 2006 12:00am

US MIDDAY: wheat sags

Wheat futures at the Chicago Board of Trade were lower early on Thursday on better crop weather in the US winter wheat belt, traders said. Wheat futures in the Kansas City and Minneapolis markets led the way lower on disappointing export sales data for US

Published 24 Mar, 2006 12:00am

US MIDDAY: corn weakens

Corn futures at the Chicago Board of Trade were weak early on Thursday amid an abundant supply of feed grains and concerns about reduced consumption of corn as bird flu spreads across the globe, traders said.

Published 24 Mar, 2006 12:00am

US MIDDAY: sugar firms

Raw sugar futures closed higher Thursday on late commodity and speculative buying as the market appeared to be consolidating after it hit a two-week high this week, brokers said.

Published 24 Mar, 2006 12:00am

US MIDDAY: cocoa dips

US cocoa futures declined 1.2 percent to settle at a 9-day low, depressed by trade and speculative selling when an early price advance lost steam, traders said on Thursday.

Published 24 Mar, 2006 12:00am

US MIDDAY: coffee futures firm

US coffee futures firmed just under 1 percent Thursday, boosted by speculators buying back their short positions amid signs that the selling pace of producers earlier this week had slowed, traders said.

Published 24 Mar, 2006 12:00am

Precious metals drift down in London

Precious metals eased in Europe on Thursday after substantial gains in recent sessions, with gold looking to currencies for direction and silver pausing after hitting 22-year highs.

Published 24 Mar, 2006 12:00am

Copper and zinc hit new highs

Both copper and zinc hit new all-time highs on the London Metal Exchange on Thursday on speculative buying and favourable fundamentals. Copper hit an all-time high of $5,250 per tonne in electronic trading after the end of the PM kerb, which it closed at

Published 24 Mar, 2006 12:00am

London sugar ticks higher

London white sugar futures closed up on Thursday, picking up momentum late in the day on biofuel prospects. Benchmark May settled at $448.00, 0.4 percent higher. August finished up $1 at $448.90 per tonne, having moved from $441.80 to $449.00.

Published 24 Mar, 2006 12:00am

New York cotton futures rebound

Cotton futures finished firmer Thursday as trade buying enabled the market to bounce from a four-month low, and analysts said follow-through interest could nudge it higher before the weekend.

Published 24 Mar, 2006 12:00am

Rotterdam vegetable oil prices

Thursday's Rotterdam vegetable oil prices at 1700 GMT.

Published 24 Mar, 2006 12:00am

Rotterdam vegetable oil prices

Thursday's Rotterdam vegetable oil prices at 1700 GMT.

Published 24 Mar, 2006 12:00am

Greenpeace blocks GM soya storage facility

Greenpeace activists blockaded a storage facility for genetically-modified (GM) soya in Sweden Thursday, calling for a halt to its use as animal feed, the organisation said.

Published 24 Mar, 2006 12:00am

Oil prices up $2 on Nigeria export woes

Oil rose $2 a barrel on Thursday as uncertainty over Nigerian exports resurfaced and work at US refineries renewed concern over US fuel supply. Italian energy firm Eni said it could not honour export commitments from its Nigerian Brass River terminal, whi

Published 24 Mar, 2006 12:00am

Competition hots up for French biofuel market share

Oilseeds, traditionally the major commodity used to make biodiesel in France, face increasing competition from other biomass such as animal fats and used cooking oils, experts said on Thursday.

Published 24 Mar, 2006 12:00am

Shanghai Petroleum Exchange prepares for debut

A new exchange is preparing to debut spot and forward trading of oil products in Shanghai, to pave the way for the opening of China's wholesale oil market at the end of this year, an exchange official said on Thursday.

Published 24 Mar, 2006 12:00am

FTSE retreats from 6,000 mark

Britain's FTSE 100 ended lower on Thursday, failing to hold above they key psychological 6,000 resistance level as results from clothing retailer Next and grocery chain Morrison disappointed investors.

Published 24 Mar, 2006 12:00am

Closing stock market indices

Here is how major stock markets outside the United States ended on Thursday.

Published 24 Mar, 2006 12:00am

Sensex index falls

Indian shares prices closed flat Thursday in volatile trade amid investor fears over government stability after the head of the ruling Congress party resigned from parliament, dealers said.

Published 24 Mar, 2006 12:00am

US Stocks: Thursday's unofficial close

US stocks fell on Thursday, hit by a drop in transportation shares and news of surprising strength in the housing sector, which renewed worries about interest rates and pushed up bond yields.

Published 24 Mar, 2006 12:00am

Seoul shares move up

Seoul shares rose on Thursday, with Kookmin Bank powering to a record high as its agreement to purchase smaller rival Korea Exchange Bank (KEB) was seen signalling the start of consolidation in the country's lending sector.

Published 24 Mar, 2006 12:00am

Bond: M&A hogs limelight as spreads tighten

Mergers and acquisitions hogged the limelight in the European credit market on Thursday, with British broadcaster ITV taking centre stage as a private equity bid waited in the wings.

Published 24 Mar, 2006 12:00am

Bond: M&A hogs limelight as spreads tighten

Mergers and acquisitions hogged the limelight in the European credit market on Thursday, with British broadcaster ITV taking centre stage as a private equity bid waited in the wings.

Published 24 Mar, 2006 12:00am

Chinese shares up

Chinese shares ended higher for the fourth straight day on Thursday, as top Asia oil refiner Sinopec Corp rose on renewed privatisation talk and speculation that China could reform its refined oil product price regime.

Published 24 Mar, 2006 12:00am

Indian rupee ends down

The Indian rupee scrambled off a two-week low in late trade on Thursday but still ended down on the day as dollar buying by state-run banks, probably for the central bank, kept it under pressure, traders said.

Published 24 Mar, 2006 12:00am

Dollar rises versus euro in London

The dollar rose to a one-week high against the euro on Thursday but stayed in recent ranges as investors, wondering how high US interest rates will climb, looked ahead to next week's Federal Reserve meeting.

Published 24 Mar, 2006 12:00am

Sterling descends

Sterling slipped to a one-week low against the dollar on Thursday, with investors shrugging off a reasonably strong manufacturing survey for Britain and instead focusing on prospects for more hikes in US interest rates.

Published 24 Mar, 2006 12:00am

Three Palestinians killed

Israeli troops killed three Palestinians on Thursday in the Gaza Strip near the border with Israel, a Palestinian security official said. They were shot from tanks on the Israeli side of the fence that surrounds the Gaza Strip, he said.

Published 24 Mar, 2006 12:00am

Eritrea expels three more foreign charities

Eritrea has ordered out three international charities, potentially affecting tens of thousands of people and adding to a long list of recent foreign expulsions from the Horn of Africa nation, diplomats said on Thursday.

Published 24 Mar, 2006 12:00am

UN committed to protecting Congo elections: Annan

The United Nations is committed to ensuring peaceful elections this year in Democratic Republic of Congo, UN chief Kofi Annan said on Thursday as he visited peacekeeping troops in the violence-prone east.

Published 24 Mar, 2006 12:00am

India withdraws book with Holy Prophet (PBUH) sketch

An Indian state government and one of the country's leading bookstore chains have withdrawn a US-published book from stores because it included a sketch of the Holy Prophet Mohammed (Peace Be Upon Him).

Published 24 Mar, 2006 12:00am

US lobbies top nuclear-suppliers to back India deal

Washington on Thursday lobbied the world's top suppliers of nuclear technology to back a US-India civilian nuclear energy deal that critics say threatens the global arms control regime, diplomats said.

Published 24 Mar, 2006 12:00am

Lukashenko clears last legal hurdle in Belarus vote

The opposition in Belarus challenged President Alexander Lukashenko's re-election, saying authorities had "raped the minds" of voters, but officials dismissed their complaints on Thursday and endorsed the results.

Published 24 Mar, 2006 12:00am

Violence erupts after job law protest in France

French youths torched cars, looted shops and stoned police at the end of a rally against a youth job law in the centre of Paris on Thursday, Reuters witnesses said.

Published 24 Mar, 2006 12:00am

Arrest warrant issued for M F Husain

A court has issued an arrest warrant for M.F. Husain, India's best-known artist, after he failed to appear in a case related to his depiction of a nude "Mother India", a report said Thursday.

Published 24 Mar, 2006 12:00am

New York Times apologises over Katrina victim scam

The New York Times on Thursday apologised to readers over a profile it ran on a supposed Hurricane Katrina victim who ended up being arrested for welfare fraud. The March 8 story profiled Donna Fenton, who identified herself as a 37-year-old Katrin

Published 24 Mar, 2006 12:00am

Major powers try to break UN impasse on Iran

Major-power nations tried to break a UN impasse on Iran's nuclear ambitions with a round of telephone calls among their foreign ministers on Thursday seeking to produce a unified message, diplomats said.

Published 24 Mar, 2006 12:00am

US asks Japan to stop Iran oil development

The United States has informally asked Japan to suspend its plans to develop an Iranian oil field as part of world efforts to prevent Iran from obtaining nuclear weapons, a Japanese newspaper said on Thursday.

Published 24 Mar, 2006 12:00am

North Korea threatens 'strong' action against US

North Korea threatened Thursday to take "strong" action against US moves to "stifle" the communist nation. In a statement published by the North's official Korean Central News Agency, a foreign ministry spokesman accused Washington of tightening sanctions

Published 24 Mar, 2006 12:00am

'Hamas will not order arrest of militants'

Incoming Palestinian interior minister Saeed Seyam, chosen by Hamas to oversee three security services, said on Thursday he will not order the arrest of militants carrying out attacks against Israel.

Published 24 Mar, 2006 12:00am

Hamas stays away from Arab summit

Hamas said on Thursday its presentation of a new Palestinian government for parliamentary approval next week would force the group to miss a two-day Arab summit due to begin on Tuesday.

Published 24 Mar, 2006 12:00am

Total solar eclipse expected in Turkey

Tens of thousands of scientists and astronomy fans are expected in Turkey on March 29 to see the total solar eclipse, Turkish astronomers and hoteliers said on Thursday.

Published 24 Mar, 2006 12:00am

Mehrullah to fight England's Smith for gold medal

Super-heavyweight David Price climbed off the canvas three times Thursday to give England six fighters vying for a gold medal at the Commonwealth Games boxing competition.

Published 24 Mar, 2006 12:00am

Son of the soil Patel realises his India dream

India's quest for a genuinely quick bowler appears to have ended after Munaf Patel's fairy-tale run from the village green to a promising international debut.

Published 24 Mar, 2006 12:00am

Venus Williams withdraws WTA Master Series event

Eighth-seeded American Venus Williams jas withdrawn from the 6.9 million-dollar WTA and ATP Masters Series tournament that started here on Wednesday, organisers said.

Published 24 Mar, 2006 12:00am

Soybeans end firm on a technical rebound

Soybean futures at the Chicago Board of Trade closed firm Wednesday on a technical bounce, traders said. The market was due for a rebound after the May contract fell to a 3-1/2-month low this week, trading below all key moving averages. May soy gapped hig

Published 24 Mar, 2006 12:00am

General Motors to cut engineering staff in US, Europe

General Motors Corp will announce job cuts at its engineering operations in the United States and Europe next week, the Detroit Free Press reported on Thursday. The newspaper quoted unidentified engineers and a GM executive in reporting that the coming jo

Published 24 Mar, 2006 12:00am

Commission approves dumping duties on China, Vietnam shoes

The European Commission formally approved on Thursday anti-dumping duties for leather shoes imported from China and Vietnam, a plan that has generated protests by both Asian countries and split the EU.

Published 24 Mar, 2006 12:00am

Central bank boss charged in latest Kenya scandal

A new corruption case rocked Kenya on Thursday when the central bank governor was charged with nepotism for awarding lucrative consultancies to his son and three associates.

Published 24 Mar, 2006 12:00am

US home re-sales soar, jobless claims down

The pace of home re-sales in the United States picked up by 5.2 percent in February, defying forecasts for a slowdown, as warm weather boosted single-family and condo sales, according to trade group data on Thursday that showed a pause in the market's coo

Published 24 Mar, 2006 12:00am

GDF-Suez strike hits power, gas supplies in France

A strike on Thursday by French workers to protest against a planned Gaz de France and Suez merger cut about 7 percent of France's generation capacity and 20 percent of gas supplies from northern Europe, the leading CGT union said.

Published 24 Mar, 2006 12:00am

China does not plan to emulate US GSEs: adviser

China has no desire to create Freddie Mac or Fannie Mae style government sponsored enterprises (GSEs) to help develop its mortgage market, a former regulator of the two US home funding companies said on Thursday.

Published 24 Mar, 2006 12:00am

Adobe first quarter net profit falls

Design software maker Adobe Systems Inc on Wednesday posted lower quarterly net income on acquisition-related costs and gave a disappointing outlook, sending its shares down nearly 4 percent.

Published 24 Mar, 2006 12:00am

Adobe first quarter net profit falls

Design software maker Adobe Systems Inc on Wednesday posted lower quarterly net income on acquisition-related costs and gave a disappointing outlook, sending its shares down nearly 4 percent.

Published 24 Mar, 2006 12:00am

Malaysia Proton cars to be cheaper: Prime Minister

Malaysian Prime Minister Abdullah Ahmad Badawi said Thursday that prices of cars built by national makers Proton and Perodua, and some foreign makes, will fall following a new auto policy.

Published 24 Mar, 2006 12:00am

PayPal to offer paying by text message

PayPal, the world's largest supplier of online payment services, is preparing to offer a service for consumers to make purchases or money transfers using simple text messaging via mobile telephones, the company said on Wednesday.

Published 24 Mar, 2006 12:00am

New Zealand current account deficit hits record

New Zealand's widening current account deficit ballooned to 13.7 billion New Zealand dollars (8.5 billion US) last year, up 40 percent on end-2004, official figures showed Thursday.

Published 24 Mar, 2006 12:00am

Toyota faces staff woes as sales swell overseas

Bottom-line profits of $10 billion. A cash pile of $15 billion. A string of record sales stretching over seven years. With stats like that, it's hard to imagine anything that could rile Toyota Motor Corp, Japan's top car maker, which could soon unseat Gen

Published 24 Mar, 2006 12:00am

EU scrambles to keep consumer credit plan afloat

EU plans to make it easier for people to shop across borders for loans to buy goods and services risk running aground over how member states will apply the new rules locally, EU and industry officials said.

Published 24 Mar, 2006 12:00am

Yemen to agree $300 million loans during China visit

Yemeni President Ali Abdallah Saleh will secure 300 million dollars in loan agreements for development projects in one of the world's poorest countries during a visit to China next month.

Published 24 Mar, 2006 12:00am

Malaysian palm oil firm despite soft US soya oil

Malaysian crude palm oil futures held firm on Thursday on light covering activity, despite softer prices of rival US soyoil. Dealers said a clearer trend was likely to emerge next week after export estimates from cargo surveyors for March 1-25.

Published 24 Mar, 2006 12:00am

Asian rubber prices steady

Asian rubber prices were steady on Thursday, but few physical deals were done as many players stayed on the sidelines waiting to buy at lower prices, dealers said.

Published 24 Mar, 2006 12:00am

CBOT rice higher

Chicago Board of Trade rough rice futures closed higher on Wednesday as the market continued to correct after Monday's fall to a 3-1/2 month low, traders said. May rice settled 6 cents up at $8.28 per hundredweight, with the back months 6 to 7 higher.

Published 24 Mar, 2006 12:00am

New York coffee tumbles to three-month low

The benchmark arabica coffee futures contract slid 2.6 percent to a three-month low Wednesday, depressed by heavy trade, speculative and fund selling when it failed to hold support at last week's bottom price, market sources said.

Published 24 Mar, 2006 12:00am

Tallink in 310 million euro ships purchase

Estonian shipping company Tallink Group has signed an agreement to buy three ro-pax vessels (roll-on, roll-off ferries) in a cash deal worth 310 million euros ($376.4 million) from Greek firm Attica Group, Tallink said on Tuesday.

Published 24 Mar, 2006 12:00am

Maersk 2005 net profit seen slightly up

Danish shipping and oil giant A.P. Moeller-Maersk is expected to post a slight rise in 2005 net profit excluding special items, due mainly to rising freight rates and higher oil prices.

Published 24 Mar, 2006 12:00am

Maersk 2005 net profit seen slightly up

Danish shipping and oil giant A.P. Moeller-Maersk is expected to post a slight rise in 2005 net profit excluding special items, due mainly to rising freight rates and higher oil prices.

Published 24 Mar, 2006 12:00am

UK farmers demand fast payments from government

Britain's farming leader demanded on Wednesday the government launch emergency measures to pay subsidies quickly to help thousands of farmers who face mounting debts because of delays.

Published 24 Mar, 2006 12:00am

Southern Africa crop outlook positive

The crop outlook for southern Africa remains positive after most countries received above-normal rains, but flood damage, pests and disease may undermine yields, a US funded agency said on Wednesday.

Published 24 Mar, 2006 12:00am

USDA allows grass removal

Farmers and ranchers in sections of Texas and Oklahoma hit by wildfires will be allowed to harvest grass from their Conservation Reserve land or graze cattle on the land, the US Agriculture Department said on Tuesday.

Published 24 Mar, 2006 12:00am

MGE wheat ends flat to firm

Spring wheat futures at the Minneapolis Grain Exchange ended flat to firm on Wednesday on a rebound from recent losses and on light commercial buying, traders said. "We're just kind of bouncing up from the losses we had late last week and we're seeing som

Published 24 Mar, 2006 12:00am

New York cocoa futures rise in quiet session

US cocoa futures ended a shade up on Wednesday, although limited activity by producers and manufacturers anchored the benchmark contract to the middle of a 1-week trading range in light turnover, traders said.

Published 24 Mar, 2006 12:00am

New York sugar slips

Raw sugar futures settled easier on Wednesday on sales by small speculators which pushed it back after hitting a two-week high and the market could slip further this week, brokers said.

Published 24 Mar, 2006 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 15	281.68
USD PKR Interbank Buying / May 15	281.43
USD to Japanese Yen / May 15	145.80
USD to Swiss Franc / May 15	0.84
Pound Sterling to USD / May 15	1.33
Euro to USD / May 15	1.12
UK LIBOR % / May 14	4.96

Stock	Volume
S&P 500 / May 14	5,892.58
Nasdaq / May 14	19,146.81
Dow Jones / May 14	42,051.06
India Sensex / May 15	80,937.53
Tokyo Nikkei / May 15	37,755.51
Hang Seng / May 15	23,453.16
FTSE 100 / May 15	8,561.58
Germany DAX 30 / May 15	23,462.44
France CAC40 / May 15	7,814.71

Item	Value
Karachi Cotton PKR/37.32 KG / May 14	16,985
Gold 10 Grams PKR / May 14	293,124
Petrol/Litre / May 15	252.63
Crude Oil USD/Barrel / May 15	60.66
Gold Spot USD/Ounce / May 15	3,162.99
Diesel/Litre / May 15	256.64
Cotton US¢/pound / May 15	65.21

Gainers
Losers
Leaders

Stock	Price
Cres.Star Ins. / May 15 Crescent Star Insurance Limited(CSIL)	3.02 ▲ 0.41 (15.71%)
Parmount Sp. / May 15 Paramount Spinning Mills Limited(PASM)	3.70 ▲ 0.46 (14.2%)
Ghani Chemworld / May 15 Ghani Chemworld Limited(GCWL)	9.14 ▲ 1 (12.29%)
S.G.Power / May 15 S.G. Power Limited(SGPL)	8.65 ▲ 0.94 (12.19%)
Premier Insurance / May 15 Premier Insurance Limited(PINL)	5.83 ▲ 0.63 (12.12%)
Dewan Mushtaq / May 15 Dewan Mushtaq Textile Mills Limited(DMTM)	9.83 ▲ 1 (11.33%)
Hala Enterprise / May 15 Hala Enterprises Limited(HAEL)	13.26 ▲ 1.21 (10.04%)
P.T.C.L. / May 15 Pakistan Telecommunication Company Ltd(PTC)	22.06 ▲ 2.01 (10.02%)
Flying Cement / May 15 Flying Cement Company Limited(FLYNG)	49.46 ▲ 4.5 (10.01%)
Octopus Digital / May 15 Octopus Digital Limited(OCTOPUS)	52.09 ▲ 4.74 (10.01%)

Stock	Price
Olympia Mills / May 15 Olympia Mills Limited(OML)	50.47 ▼ -5.06 (-9.11%)
Hussain Industries / May 15 Husein Industries Limited(HUSI)	26.65 ▼ -2.64 (-9.01%)
Apna Microfin. / May 15 Apna Microfinance Bank Limited(AMBL)	10.04 ▼ -0.91 (-8.31%)
Askari Life Assur. / May 15 Askari Life Assurance Company Limited(ALAC)	4.63 ▼ -0.35 (-7.03%)
Imperial Limited / May 15 Imperial Limited(IML)	16.52 ▼ -1.23 (-6.93%)
B. F. Mod. / May 15 B.F. Modaraba(BFMOD)	8.73 ▼ -0.61 (-6.53%)
Punjab Oil / May 15 Punjab Oil Mills Limited(POML)	186.82 ▼ -11.54 (-5.82%)
Equity Modaraba / May 15 First Equity Modaraba(FEM)	2.85 ▼ -0.16 (-5.32%)
Pakgen Power / May 15 Pakgen Power Limited(PKGP)	114.14 ▼ -6.39 (-5.3%)
Ashfaq Textile / May 15 Ashfaq Textile Mills Limited(ASHT)	12.34 ▼ -0.68 (-5.22%)

Stock	Volume
Pak Refinery / May 15 Pakistan Refinery Limited(PRL)	50,818,876 ▲ 2.68
Cnergyico PK / May 15 Cnergyico PK Limited(CNERGY)	47,570,881 ▲ 0.48
K-Electric Ltd. / May 15 K-Electric Limited(KEL)	40,246,546 ▲ 0.16
Kohinoor Spining / May 15 Kohinoor Spinning Mills Limited(KOSM)	32,888,417 ▲ 0.18
At-Tahur Ltd. / May 15 At-Tahur Limited(PREMA)	29,667,657 ▲ 4.48
Sui South Gas / May 15 Sui Southern Gas Company Limited(SSGC)	25,344,612 ▲ 0.91
Waves Corporation / May 15 Waves Corporation Limited(WAVES)	21,773,148 ▲ 0.29
Pak Petroleum / May 15 Pakistan Petroleum Limited(PPL)	16,962,449 ▲ 3.34
B.O.Punjab / May 15 The Bank of Punjab(BOP)	16,957,410 ▲ 0.15
WorldCall Telecom / May 15 Worldcall Telecom Limited(WTL)	16,572,822 ▲ 0.03

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