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Jan 10, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2006-03-30
UK top share index rebounds

UK top share index rebounds

Britain's top shares rebounded on Wednesday, recouping some of their losses earlier in the week as energy company BG Group gained on bid speculation and as grocer Sainsbury rose after beating market forecasts with its quarterly figures.
Published 30 Mar, 2006 12:00am
Coconut futures trading launched in Kerala

Coconut futures trading launched in Kerala

India's National Multi-Commodity Exchange Wednesday launched coconut futures trading in the southern coastal state of Kerala as part of an effort to help farmers get better prices, a report said.
Published 30 Mar, 2006 12:00am
Turkey tells US it will end rice import quotas

Turkey tells US it will end rice import quotas

Turkey's trade minister said on Wednesday his country would abolish rice quotas from July 31 in a move aimed at resolving a dispute with the United States over access to Turkey's $200 million rice market.
Published 30 Mar, 2006 12:00am
US soya seedings set to grow on rotation in USDA

US soya seedings set to grow on rotation in USDA

US farmers are likely to plant an additional 2 million acres of soyabeans this spring compared with 2005 due to the crop rotation cycle and the higher cost of planting corn amid rising energy prices, analysts said.
Published 30 Mar, 2006 12:00am
Oil prices rise as US gasoline supplies fall

Oil prices rise as US gasoline supplies fall

Oil prices gained 33 cents to hold over $66 a barrel on Wednesday on worries over falling US gasoline inventories as the world's top energy consumer gears up for the summer driving season.
Published 30 Mar, 2006 12:00am
Vietnam may allow sugar import without licence

Vietnam may allow sugar import without licence

Vietnam, facing a sugar shortage of 250,000 tonnes to 300,000 tonnes this due to bad weather, is mulling allowing imports of the commodity without a licence, an industry official said on Wednesday.
Published 30 Mar, 2006 12:00am
New York cotton futures firm

New York cotton futures firm

Cotton futures closed slightly higher Wednesday as investors steadily moved positions out of the spot contract while most awaited a pair of government reports this week, analysts said.
Published 30 Mar, 2006 12:00am
London sugar mixed

London sugar mixed

London white sugar futures closed mixed on Wednesday after profit-taking and structural trades dominated the session as the market consolidated from Tuesday's surge to all-time highs, traders said.
Published 30 Mar, 2006 12:00am
Copper at fresh peak

Copper at fresh peak

Copper closed at a new record high on the London Metal Exchange (LME) on Wednesday, after a late surge of buying, with the market soon expected to test $6,000 a tonne, dealers said.
Published 30 Mar, 2006 12:00am
Precious metals recover in European trade

Precious metals recover in European trade

Precious metals cut losses towards the close of Wednesday trading in Europe, with bargain hunting buying attracted by early declines, traders said.
Published 30 Mar, 2006 12:00am
US MIDDAY: cocoa rises

US MIDDAY: cocoa rises

Cocoa futures prices settled on positive ground Wednesday, buoyed by speculative buying and spread trading between nearby contracts, traders said.
Published 30 Mar, 2006 12:00am
US MIDDAY: coffee slides

US MIDDAY: coffee slides

Coffee futures prices slid to their lowest in a week on Wednesday, depressed by funds and speculators liquidating amid bearish technical signals on the price charts, market sources said.
Published 30 Mar, 2006 12:00am
US MIDDAY: sugar firms

US MIDDAY: sugar firms

Raw sugar futures closed higher Wednesday on steady fund buying as the market seemed to be gathering itself to challenge the 25-month highs it set last month, brokers said.
Published 30 Mar, 2006 12:00am
US MIDDAY: wheat higher

US MIDDAY: wheat higher

Wheat futures at the Chicago Board of Trade were higher at midmorning on Wednesday on a short-covering bounce and optimism about US wheat exports, traders said.
Published 30 Mar, 2006 12:00am
US MIDDAY: corn moves up

US MIDDAY: corn moves up

Corn futures at the Chicago Board of Trade were higher early on Wednesday as traders awaited government plantings and quarterly stocks data on Friday, traders said.
Published 30 Mar, 2006 12:00am
US MIDDAY: copper surges to new peak

US MIDDAY: copper surges to new peak

US copper futures climbed to new record levels at midday on Wednesday as ongoing supply worries compounded already tight market conditions, brokers said.
Published 30 Mar, 2006 12:00am
US MIDDAY: soyabeans mixed

US MIDDAY: soyabeans mixed

Soyabean futures at the Chicago Board of Trade were mixed early on Wednesday and the market was consolidating before the US government releases its prospective plantings and March 1 stocks reports on Friday.
Published 30 Mar, 2006 12:00am
US MIDDAY: gold lower

US MIDDAY: gold lower

US gold futures nosed lower on Wednesday as traders digested another increase in short-term interest rates by the US Federal Reserve along with a hint of more tightening to come, dealers said.
Published 30 Mar, 2006 12:00am
The Weather

The Weather

The weather report on Wednesday (March 29, 2006) and the forecast for Thursday (March 30, 2006).
Published 30 Mar, 2006 12:00am
Six of a family killed

Six of a family killed

Six members of a family were killed and a girl sustained injuries due to property dispute at village Lalupur here on Wednesday. Those who were killed identified as Muhammad Rafiq (50), his wife Mumtaz Bibi (45), daughters - Saira (23), Asia (20), and sons
Published 30 Mar, 2006 12:00am
New York cotton

New York cotton

Tuesday's closing prices of New York cotton in US cents/lb.

Published 30 Mar, 2006 12:00am
New York cotton

New York cotton

Tuesday's closing prices of New York cotton in US cents/lb.

Published 30 Mar, 2006 12:00am
Urs of Nizamuddin Aulia

Urs of Nizamuddin Aulia

The Ministry of Religious Affairs, Zakat and Ushr has invited applications from interested pilgrims for annual Urs of Hazrat Khwaja Nizamuddin Aulia (RA) to be held from May 11-18, in New Delhi, India.
Published 30 Mar, 2006 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (March 29, 2006).

Published 30 Mar, 2006 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (March 29, 2006).

Published 30 Mar, 2006 12:00am
Rs 140 billion uplift projects underway in Balochistan: Owais

Rs 140 billion uplift projects underway in Balochistan: Owais

Balochistan Governor Owais Ahmed Ghani has said that development projects worth Rs 140 billion are underway in the province. In an interview with BBC TV, he said after October 1999 special attention was given to the development of Balochistan.
Published 30 Mar, 2006 12:00am
Importance of IT

Importance of IT

For the last one decade, information technology is playing a vital role. The problem with the Third World countries is that they still lack IT in many sectors. This is the right time for both the government and private sectors to work side by side, provid
Published 30 Mar, 2006 12:00am
Unplanned use of CNG

Unplanned use of CNG

According to the economic survey 2004-05, some 700 Compressed Natural Gas (CNG) stations are operating in the country, while 200 are under construction.
Published 30 Mar, 2006 12:00am
Peace puts Algerian economy on road to revival

Peace puts Algerian economy on road to revival

In the 1990s, business travellers were a rarity in Algeria, the north African country that became a byword for turmoil during a war between the security services and Islamist rebels.
Published 30 Mar, 2006 12:00am
Sustainability of micro finance institutions

Sustainability of micro finance institutions

Soon after the success stories of micro financing pioneers like Grameen Bank of Bangladesh travelled to all parts of the world in the late seventies, there occurred an upsurge in development of this new segment of the financial sector in almost all the de
Published 30 Mar, 2006 12:00am
Adult literacy project

Adult literacy project

The launching of Rs 4.84 billion adult literacy programmes by the federal and provincial governments to attain the targets set under of the Education For All (EFA) project by 2015, represents yet another brave attempt to achieve the goal that has so far p
Published 30 Mar, 2006 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (March 29, 2006).

Published 30 Mar, 2006 12:00am
Raising tax revenues

Raising tax revenues

Of late, the Central Board of Revenue (CBR) appears to be greatly concerned with the low level of tax to GDP ratio. Speaking at a pre-budget seminar on "Federal Budget 2006-07", organised by the Management Association of Pakistan (MAP), the CBR Chairman,
Published 30 Mar, 2006 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Wednesday (March 29, 2006) and for Thursday (March 30, 2006).
Published 30 Mar, 2006 12:00am
Consistency in policies stressed

Consistency in policies stressed

While talking to Aaj markets, Pakistan Readymade Garments Manufacturers & Exporters Association (Prgmea) zonal chief (South) Atiq Kochra said despite the surge in the global demand for readymade garments exports from Pakistan is on decline, which i
Published 30 Mar, 2006 12:00am
NJLI Managed Fund prices

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 30, 2006.

Published 30 Mar, 2006 12:00am
PPP workers

PPP workers

The contingents of workers of Pakistan Peoples Party (PPP) will leave from various districts of Punjab to participate in the 27th death anniversary (April 4, 2006) of its founder Zulifqar Ali Bhutto (late) at Garhi Khuda Bakhsh.
Published 30 Mar, 2006 12:00am
NJLI Managed Fund prices

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 30, 2006.

Published 30 Mar, 2006 12:00am
PPPP meeting on March 31

PPPP meeting on March 31

Pakistan Peoples Party Parliamentarian (PPPP) will decide upon the name of its candidate for provincial assembly bye-election from Bhawalnagar in a meeting here on March 31, 2006. PPPP Punjab head Qasim Zia will chair this meeting.
Published 30 Mar, 2006 12:00am
NJLI Managed Fund prices

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 30, 2006.

Published 30 Mar, 2006 12:00am
Benazir may announce date of return on April 4

Benazir may announce date of return on April 4

Sources close to Pakistan People's Party have claimed that party Chairperson Benazir Bhutto is expected to announce the date of her return to the country during the telephonic speech, which she will deliver in Larkana on April 4.
Published 30 Mar, 2006 12:00am
Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates in rupees prevailing on the commodity markets in Karachi on Wednesday (March 29, 2006).

Published 30 Mar, 2006 12:00am
Atlas Fund assigned 4-star rating

Atlas Fund assigned 4-star rating

The Pakistan Credit Rating Agency (Pacra) has assigned 4-Star fund rating to Atlas Stock Market Fund (ASMF) (Category: Equity Fund), which reflects a good performance, relative to its peers. The rating is a composite measure of two factors, namely a) retu
Published 30 Mar, 2006 12:00am
Atlas Fund assigned 4-star rating

Atlas Fund assigned 4-star rating

The Pakistan Credit Rating Agency (Pacra) has assigned 4-Star fund rating to Atlas Stock Market Fund (ASMF) (Category: Equity Fund), which reflects a good performance, relative to its peers. The rating is a composite measure of two factors, namely a) retu
Published 30 Mar, 2006 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (March 29, 2006).

Published 30 Mar, 2006 12:00am
'Government buying behind cement prices surge'

'Government buying behind cement prices surge'

Stock market and stocks investors should look into the fundamentals of individual scrip before allocating their funds, it was stated by Rafi Khan, Chairman Sawari Private Limited, while talking to AAJ Markets.
Published 30 Mar, 2006 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (March 29, 2006).

Published 30 Mar, 2006 12:00am
PFA and WFO sign MoU

PFA and WFO sign MoU

Pakistan Foundry Association (PFA) and World Foundry Organisation (WFO) on Wednesday signed a memorandum of understanding (MoU) under which the former would become the member of WFO while the foundries and related industries of Pakistan - represented by P
Published 30 Mar, 2006 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (March 29, 2006).

Published 30 Mar, 2006 12:00am
Felicitation

Felicitation

Okara Chamber of Commerce and Industry (OCCI) President Chaudhry Arshad Iqbal, Vice-Presidents Khawaja Muhammad Waseem and Shafqat Rasool Chaudhry and Executive Committee members in a recently held meeting congratulated Ilyas Ahmad Bilour on his election
Published 30 Mar, 2006 12:00am
Call to slash duty on import of printing plates

Call to slash duty on import of printing plates

The Lahore Chamber of Commerce and Industry (LCCI) President Mian Shafqat Ali, while assuring his all out support to the people associated with the printing and packaging industry, has urged the government to bring down rate of duty on import of printing
Published 30 Mar, 2006 12:00am
THE RUPEE: modest recovery versus dollar in interbank market

THE RUPEE: modest recovery versus dollar in interbank market

Two paisa recovery was seen in the rupee's value against the dollar in the interbank market for buying and selling at 59.96 and 59.98, dealers said on Wednesday. Heavy import bills increased the dollar buying by the corporate sector as the third quarter o
Published 30 Mar, 2006 12:00am
Maqbool urges scientists to meet industrial demands

Maqbool urges scientists to meet industrial demands

The Vice-Chancellor of GC University, Faisalabad, and Punjab Governor, Lieutenant General Khalid Maqbool, has stressed upon the scientist to accelerate their efforts to meet the requirement of the society and industry.
Published 30 Mar, 2006 12:00am
THE RUPEE: modest recovery versus dollar in interbank market

THE RUPEE: modest recovery versus dollar in interbank market

Two paisa recovery was seen in the rupee's value against the dollar in the interbank market for buying and selling at 59.96 and 59.98, dealers said on Wednesday. Heavy import bills increased the dollar buying by the corporate sector as the third quarter o
Published 30 Mar, 2006 12:00am
Hearing adjourned in Sharif's family plea

Hearing adjourned in Sharif's family plea

The Lahore High Court (LHC) has adjourned the proceedings in a petition filed by the family member of former Prime Minister Nawaz Sharif challenging the excessive demand of income tax raised by the respondent department, as the petitioner counsel did not
Published 30 Mar, 2006 12:00am
Expo 2006 to prove beneficial to youngsters

Expo 2006 to prove beneficial to youngsters

Women from all walks of life expecting that the outcome of the Women's Expo 2006 will prove beneficial and constructive to the new generation, will help in facing the global challenges, Zaib, Advocate High Court expressed her feelings on Wednesday.
Published 30 Mar, 2006 12:00am
Mustafa briefs foreign investors about law and order

Mustafa briefs foreign investors about law and order

City Nazim Syed Mustafa Kamal has said the interest being shown by foreign investors in Pakistan and Karachi in particular, is reflective of their confidence in peaceful conditions and development activities in Karachi.
Published 30 Mar, 2006 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Wednesday (March 29, 2006).

Published 30 Mar, 2006 12:00am
CSF to help develop human resource: minister

CSF to help develop human resource: minister

Minister of State for Finance and Economic Affairs Omer Ayub Khan has said the government is focusing on infrastructure, energy and human resource development to sustain and further improve the gross domestic product (GDP) growth rate of 8.4 percent achie
Published 30 Mar, 2006 12:00am
UK psychiatrists to hold workshop

UK psychiatrists to hold workshop

A one-day workshop is being organised on 'Autism spectrum disorder' at the Special Education and Training Center in Johar Town here on April 4, in which two child psychiatrists from UK will talk about autism and related behaviour problems.
Published 30 Mar, 2006 12:00am
Surgeons' moot

Surgeons' moot

The Society of Surgeons of Pakistan Lahore will be holding two-day international moot on disaster management-prevention and mitigation of damages here at Aiwan-i-Iqbal on March 31 and April 01.
Published 30 Mar, 2006 12:00am
Talks on Iran gas line in progress: Soomro

Talks on Iran gas line in progress: Soomro

Senate Chairman Mohammedmian Soomro has said that early development of alternative resources for generating energy and construction of water reservoirs has become more important in the wake of depleting gas reserves.
Published 30 Mar, 2006 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Wednesday (March 29, 2006).

Published 30 Mar, 2006 12:00am
Kashmir issue be resolved through talks: JKLF chief

Kashmir issue be resolved through talks: JKLF chief

Jammu Kashmir Liberation Front (JKLF) Chairman Yasin Malik has said the Kashmir issue should be resolved through dialogue. Talking to CNBC, he said dialogue should be continued between Pakistan and India with open minds and the pace of process should be e
Published 30 Mar, 2006 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 30 Mar, 2006 12:00am
CBR accords top priority to facilitate traders

CBR accords top priority to facilitate traders

Sales Tax and Central Excise Collector Liaquat Ali Agha has said that provision of all sales tax-related facilities to business community were included in the top priority of the Central Board of Revenue (CBR).
Published 30 Mar, 2006 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 30 Mar, 2006 12:00am
Kasuri to address seminar on Kashmir

Kasuri to address seminar on Kashmir

Minister for Foreign Affairs Mian Khurshid Mahmood Kasuri would address a conference on "Conflict resolution in Kashmir: The human dimension and political imperatives" at a local hotel on Monday, April 03.
Published 30 Mar, 2006 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 30 Mar, 2006 12:00am
Flower show

Flower show

The Rawalpindi and Chaklala Cantonment Boards will hold the Spring Flower Exhibition on March 31 at the Race Course Park. Corps Commander Rawalpindi Lieutenant General Salahuddin Satti would open the exhibition.
Published 30 Mar, 2006 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 30 Mar, 2006 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Wednesday (March 29, 2006).

Published 30 Mar, 2006 12:00am
Population welfare drive from April 1

Population welfare drive from April 1

Federal Population Welfare Minister Chaudhry Shahbaz Hussain has said that report on implementation of international recommendations for inculcating Population Welfare awareness among masses will be issued on April 1 and 2,500 Ulema have been trained for
Published 30 Mar, 2006 12:00am
PAF cadets urged to acquire professional competence

PAF cadets urged to acquire professional competence

The Convocation of 116 General Duty (Pilots) Course was held at the College of Flying Training, PAF Academy Risalpur on Tuesday. NWFP Governor Khalil-ur-Rehman, who is also the Chancellor of Peshawar University, was chief guest on the occasion and awarded
Published 30 Mar, 2006 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 30 Mar, 2006 12:00am
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