News Archives for Print - 2006-04-08

Print - 2006-04-08

NCA students visit Supreme Court

A delegation of 50 students of National College of Arts (NCA) Lahore, headed by their teachers visited the Supreme Court of Pakistan here on Friday.

Published 08 Apr, 2006 12:00am

Dividend/Bonus Announcements

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

Published 08 Apr, 2006 12:00am

FIA held absconder

Federal Investigation Agency (FIA) Passport Cell Rawalpindi has arrested an absconder and obtained 3 days remand against him from the court of law.

Published 08 Apr, 2006 12:00am

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 08 Apr, 2006 12:00am

PML-N demands restoration of democracy

Political future of this country lies only in the establishment of people's government and restoration of democracy. PML-N Central Finance Secretary Muhammad Pervaiz Malik expressed these views while talking to newsmen after his return from London on Frid

Published 08 Apr, 2006 12:00am

Board meetings in progress

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

Published 08 Apr, 2006 12:00am

Alp management develops web portal

Alp Business Service Management (Pvt) Limited has developed a web portal 'lifestyle.com' in order to promote positive image of Pakistan globally.

Published 08 Apr, 2006 12:00am

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 08 Apr, 2006 12:00am

'Teachers' stress a growing phenomenon'

Teachers' stress is a growing international phenomenon, which imparts on teachers health, retention and retirement. These views were expressed by Rosemary Mulholland of the University of Edinburgh, Scotland while delivering a lecture at the GC University

Published 08 Apr, 2006 12:00am

Cross Transactions

Cross transactions between client to client reported on Friday (April 07, 2006).

Published 08 Apr, 2006 12:00am

Kamal woos Malaysian entrepreneurs

Contrary to reports of violence in international media, Pakistan in general and Karachi in particular is a safe area, which offers many opportunities for foreign investors, said Karachi City Nazim Syed Mustafa Kamal.

Published 08 Apr, 2006 12:00am

Despatch of dividend warrants

Dates of despatch of dividend warrants and bonus share certificates.

Published 08 Apr, 2006 12:00am

'Ban on cement export to hurt profitability, market share'

Voluntary export ban will hurt profitability and international market share, said Tariq Saeed Saigol, Chairman, All Pakistan Cement Manufacturing Association (APCMA), during an interview with AAJ markets.

Published 08 Apr, 2006 12:00am

BRIndex30 and BR Sectoral Indices

BRIndex30 and BR Sectoral Indices on Friday (April 07, 2006).

Published 08 Apr, 2006 12:00am

FROM A RINGSIDE SEAT

Speaker Chaudhry Amir Hussain patiently waited for the divine intervention. Soon after the opposition had walked out from the first sitting of the 34th session of the National Assembly Friday afternoon protesting his refusal to entertain discussion on the

Published 08 Apr, 2006 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices on Saturday (April 08, 2006).

Published 08 Apr, 2006 12:00am

Mengal's guards, driver remanded to police custody

The administrative judge of the Anti-Terrorism Courts in Karachi on Friday remanded two guards and a driver of former Balochistan chief minister Sardar Akhtar Mengal to police custody till April 14 in army personnel hostage-taking case.

Published 08 Apr, 2006 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices on Saturday (April 08, 2006).

Published 08 Apr, 2006 12:00am

FCMF, PIF rated four-Star

JCR-VIS Credit Rating Company Ltd (JCR-VIS) has assessed the fund performance ranking of First Capital Mutual Fund Limited (FCMF) for the period ended December 31, 2005 at 'MFR 4-Star', which denotes 'good performance' vis-à-vis other closed-end mutual fu

Published 08 Apr, 2006 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices on Saturday (April 08, 2006).

Published 08 Apr, 2006 12:00am

FCMF, PIF rated four-Star

Published 08 Apr, 2006 12:00am

All shares index report

The sector-wise all shares index report on Friday (April 07, 2006).

Published 08 Apr, 2006 12:00am

Call to project peace

The Rabita Al Alami Islami has organised an exhibition of various publications on Islam and Muslims published by it as part of the International Conference of Muslim Ulema.

Published 08 Apr, 2006 12:00am

Food & Personal Care-Products: RAFHAN MAIZE PRODUCTS COMPANY LIMITED - Year Ended 31-12-2005

During the year under review, the company was able to generate all time highest sales. But gross profit sharply declined in view of sharp rise in corn prices. However, the adverse impact of this rise as well as increase in utility charges was minimized th

Published 08 Apr, 2006 12:00am

Pakistan to become polio-free this year: WHO

Total elimination of polio was impending in Pakistan as only two cases were reported across the country during the last four months, said World Health Organisation (WHO) Technical Officer Abdus Sattar Chaudhry on Friday.

Published 08 Apr, 2006 12:00am

Food & Personal Care-Products: RAFHAN MAIZE PRODUCTS COMPANY LIMITED - Year Ended 31-12-2005

Published 08 Apr, 2006 12:00am

Call to aid healthcare workers

University of Health Sciences (UHS) vice-chancellor Professor Malik Hussain Mubbashar has called for working together with healthcare workers for good health.

Published 08 Apr, 2006 12:00am

THE RUPEE: seven paisa more gain in interbank market

The rupee extended its overnight winning streak in the interbank market on Friday, picking up seven paisa more versus the US currency, on easy supply, for buying and selling at 59.96 and 59.98, experts said.

Published 08 Apr, 2006 12:00am

'All set to hold fair AJKLA polls'

The Chief Election Commissioner of Azad Jammu and Kashmir (AJK) and AJK High Court Chief Justice and Shariat Court Mr Justice Muhammad Riaz Akhtar Choudhury has said that arrangements have been finalised to hold free, fair and impartial elections in Azad

Published 08 Apr, 2006 12:00am

THE RUPEE: seven paisa more gain in interbank market

Published 08 Apr, 2006 12:00am

Demand to cut mark-up rate on refinance loans

Senior members of the Pakistan Carpet Manufactures and Exporters Association (PCMEA) has demanded reduction in the mark-up rate on export refinance loans, as it has increased their cost of business.

Published 08 Apr, 2006 12:00am

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Friday (April 07, 2006).

Published 08 Apr, 2006 12:00am

Cherie Blair meets Sehba Musharraf

The wife of British Prime Minister Cherie Blair called on the first lady Begum Sehba Musharraf at Aiwan-e-Sadr here on Friday. During the meeting Begum Sehba Musharraf thanked the British government for extending timely assistance to Pakistan following th

Published 08 Apr, 2006 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Friday (April 07, 2006).

Published 08 Apr, 2006 12:00am

Pakistani jailed for human trafficking

A Perth judge has imposed an eight-year jail term on a Pakistani found guilty of involvement in an international people smuggling operation.

Published 08 Apr, 2006 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (April 07, 2006).

Published 08 Apr, 2006 12:00am

Bahawalpur rural uplift: feasibility study being prepared

The Punjab Planning and Development Department (P&DD) is preparing a feasibility report, which will be implemented on the basis of extensive consultations with the rural population and the achievements realised under Bahawalpur Rural Development Project (

Published 08 Apr, 2006 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (April 07, 2006).

Published 08 Apr, 2006 12:00am

$6.2 billion pledges may be materialised: Erra chief

Reconstruction, Rehabilitation Authority (Erra) Chairman Altaf Saleem has expressed the hope that international pledges worth $6.2 billion for reconstruction and rehabilitation in earthquake affected areas would be materialised.

Published 08 Apr, 2006 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (April 07, 2006).

Published 08 Apr, 2006 12:00am

Musharraf praises volunteers for quake relief

President General Pervez Musharraf has emphasised the need for providing maximum opportunities to the youth and volunteers during the reconstruction process in the quake-affected areas.

Published 08 Apr, 2006 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Friday (April 07, 2006).

Published 08 Apr, 2006 12:00am

Shaukat calls to 'retool, reorganise' UN

Reaffirming Pakistan's support for a stronger UN, Prime Minister Shaukat Aziz has stressed the need to "retool and reorganise" the world body so that it can effectively deal with the present and future challenges.

Published 08 Apr, 2006 12:00am

Poultry rates

Wholesale poultry rates on Friday (April 07, 2006) and for Sturday (April 08, 2006).

Published 08 Apr, 2006 12:00am

SECP awarded ISO 9001:2000 certification

The Securities and Exchange Commission of Pakistan (SECP) has been awarded the ISO 9001:2000 Certification for its information systems and technology department.

Published 08 Apr, 2006 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (April 07, 2006).

Published 08 Apr, 2006 12:00am

Project launched for rag-picker kids welfare

The International Labour Organisation (ILO) in collaboration with Ministry of Labour has launched a project to support the rag-picker children.

Published 08 Apr, 2006 12:00am

LME official prices

LME official prices on Thursday.

Published 08 Apr, 2006 12:00am

'National Assembly session may continue beyond scheduled date'

National Assembly Speaker Chaudhry Amir Hussain said on Friday that ongoing session of the house may continue beyond the scheduled date.

Published 08 Apr, 2006 12:00am

LME official prices

LME official prices on Thursday.

Published 08 Apr, 2006 12:00am

Madaris found involved in terrorism to be sealed: minister

Federal Religious Affairs Minister Ijazul Haq on Friday said that Madaris found involved in terrorism and sectarian activities would be sealed to root out extremism from the country.

Published 08 Apr, 2006 12:00am

LME plastic prices

LME plastic prices on Thursday.

Published 08 Apr, 2006 12:00am

Attack on President: LHC accepts appeal against death penalty

The Lahore High Court (LHC) has accepted appeal of the two accused involved in suicide attack on President Musharraf against the death penalty awarded to them by a military court. The court would start hearing on the appeal from Monday.

Published 08 Apr, 2006 12:00am

LME plastic prices

LME plastic prices on Thursday.

Published 08 Apr, 2006 12:00am

Notices issued for selling property

An additional and sessions judge on Friday issued notices in a complaint filed by one Muhammad Ishaq, praying to the court to order registration of a criminal case against respondent Mian Saad Mehmood, for preparing a fake power of attorney in his absence

Published 08 Apr, 2006 12:00am

Key stock and currency market movements at 1800 GMT on April 07

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).

Published 08 Apr, 2006 12:00am

NBP launches scheme

The state-run National Bank of Pakistan has launched 'NBP Protection Shield' scheme, a personal accident insurance coverage, for its PLS account holders at a nominal cost.

Published 08 Apr, 2006 12:00am

New York cotton

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

Published 08 Apr, 2006 12:00am

M-3 project to create 1 million direct jobs: Pervaiz

Punjab Chief Minister Chaudhry Pervaiz Elahi has said that M-3 Industrial City project, over an area of 4,500 acres, in Faisalabad would prove to be a milestone towards accelerating the pace of industrial development in the country.

Published 08 Apr, 2006 12:00am

New York cotton

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

Published 08 Apr, 2006 12:00am

TPPL launches 'Activate Drive Safe'

To combat the rapidly rising number of road accidents, Total Parco Pakistan Ltd (TPPL) is launching a social initiative to create awareness among the public about the importance of observing care on the road and driving safe.

Published 08 Apr, 2006 12:00am

The Weather

The weather report on Friday (April 07, 2006) and the forecast for Saturday (April 08, 2006).

Published 08 Apr, 2006 12:00am

Plea against theatre adjourned

A full bench of the Lahore High Court adjourned proceedings to May 5, and referred the petitions filed against construction of IMAX Theatre in residential areas to single bench for disposal, in accordance with the law.

Published 08 Apr, 2006 12:00am

US to provide $13 million for quake transition activities

The United States would provide more than $13 million to assist the people of the earthquake areas and the government of Pakistan in earthquake transition activities, US Ambassador Ryan C. Crocker said on Friday.

Published 08 Apr, 2006 12:00am

Traders offered to set up modern dry port in Peshawar

The business community of the provincial metropolis has offered to establish in private sector a modern dry port at Peshawar like Sialkot, Gujranwala and Faisalabad and demanded of the government to provide a piece of land for that purpose.

Published 08 Apr, 2006 12:00am

382nd annual Urs of Mian Mir begins

Punjab Minister for Information Technology Abdul Aleem Khan and Minister for Auqaf and Religious Affairs Sahibzada Saeed-ul-Hassan Shah inaugurated the two-day celebrations of 382nd annual Urs of Hazrat Mian Mir Qadri (RA) here on Friday.

Published 08 Apr, 2006 12:00am

Pakistan now an investment-friendly country: RCCI

Liberalisation of trade and economy, deregulation measures and improvement in macro economic framework, Pakistan has now emerged as an investment friendly country, said Jalil Ahmed Malik, President Rawalpindi Chamber of Commerce and Industry (RCCI) here o

Published 08 Apr, 2006 12:00am

SHO summoned

The Lahore High Court issued notices to the SHO Kakrali Gujrat in contempt of court proceedings and directed him to appear before the court on April 14.

Published 08 Apr, 2006 12:00am

Rain and snowfall likely in upper country

Widespread rain with light snowfall in some high altitude areas affected by the earthquake is expected during next two days as westerly wave is moving toward northern Pakistan and likely to reach the area on Saturday.

Published 08 Apr, 2006 12:00am

Mirwaiz asks Indian Prime Minister to fulfil commitments

Chairaman All Parties Hurriyat Conference (APHC) Mirwaiz Umer Farooq has said that Indian Prime Minister should fulfil his commitments on Kashmir.

Published 08 Apr, 2006 12:00am

LSE holiday

The office and ultra trading system of Lahore Stock Exchange (LSE) will remain closed on Tuesday, April 11, on account of Eid-e-Milad-un-Nabi, the LSE management notified on Friday.

Published 08 Apr, 2006 12:00am

UNDP provides immediate support to quake victims

Six months after the last October's earthquake, United Nations Development Programme (UNDP) in collaboration with donors and NGOs provided the immediate relief through over 11,000 tents, over 8,000 kitchen sets, 60,000 quilts and around 171 boxes of warm

Published 08 Apr, 2006 12:00am

Juma Goth was not an 'authorised' village: Arbab

Sindh Chief Minister Dr Arbab Ghulam Rahim said on Friday at a press conference in his Sindh Assembly Chamber after the adjournment of the session that Juma Khan Goth was not an 'authorised' village, and had been under illegal occupation of Afghanis in Ka

Published 08 Apr, 2006 12:00am

Rauf angry over police torture

Sindh Home Minister Rauf Siddiqi on Friday expressed indignation over police torturing of 65-year old Hashim Jarwar and 30-year old Naeem Arain, residents of Mirpurkhas, few days back. The two were beaten up, abused and tortured with burning cigarette but

Published 08 Apr, 2006 12:00am

Irregularities in FCS funds alleged

Millions of rupees funds of the Fishermen Co-operative Society (FCS) have been plundered, which were kept in the shape of special bonds in the accounts of the Society in the past.

Published 08 Apr, 2006 12:00am

Universal and Farmtrac USA join hands

Foundations of a Great Heritage, it takes more than raw horsepower to build tractor traditions. It takes the commitment to quality that Farmtrac has demonstrated since the very first tractor rolled out from its Tarboro, NC-based factory in the year 1948.

Published 08 Apr, 2006 12:00am

ILO for closer ties with EU to promote decent work

The governing body of the International Labour Organisation (ILO) has called for closer co-operation between the ILO and the European Union to promote "decent work for all."

Published 08 Apr, 2006 12:00am

EOBI plans more projects for workers

Employees Old-age Benefits Institution (EOBI) has planned to introduce various projects to provide maximum facilities to industrial and commercial workers, EOBI Chairman Brigadier Akhtar Zamin said.

Published 08 Apr, 2006 12:00am

Big jump in PQA cargo handling

Port Qasim handled a record cargo volume of 2.3 million tonnes inclusive of containerised cargo during March, it was officially learnt here on Friday.

Published 08 Apr, 2006 12:00am

ICCI for upgradation of traffic engineering

President Islamabad Chamber of Commerce and Industry, Abdul Rauf has demanded of Capital Development Authority (CDA) to introduce modern technology and ensure measures to up grade the traffic engineering sector to solve the traffic problem in the capital

Published 08 Apr, 2006 12:00am

LCCI for two-pronged trade policy

Trade policy should be based on a two-pronged strategy ie trade for growth and trade for development for rapid economic growth and sustainable human development in country.

Published 08 Apr, 2006 12:00am

Mauritius group keen to set up steel plant

An industrial group from Mauritius has expressed interest in setting up a steel manufacturing plant in Pakistan. A six-member delegation of Essar Group of Mauritius now touring Pakistan visited Port Qasim Authority on Thursday.

Published 08 Apr, 2006 12:00am

Minister satisfied with pace of uplift work in health sector

NWFP Minister for Health Inayatullah has expressed satisfaction over the pace of development work in the health sector and asked the concerned authorities to accelerate efforts for completing all schemes approved in the Annual Development Programme (ADP)

Published 08 Apr, 2006 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 10	280.65
USD PKR Interbank Buying / Apr 10	280.45
USD to Japanese Yen / Apr 10	146.33
USD to Swiss Franc / Apr 10	0.85
Pound Sterling to USD / Apr 10	1.29
Euro to USD / Apr 10	1.10
UK LIBOR % / Apr 8	4.96

Stock	Volume
S&P 500 / Apr 9	5,456.90
India Sensex / Apr 9	73,847.15
Nasdaq / Apr 9	17,124.97
Dow Jones / Apr 9	40,608.45
Tokyo Nikkei / Apr 10	34,609
Hang Seng / Apr 10	20,681.78
FTSE 100 / Apr 10	7,991.30
Germany DAX 30 / Apr 10	20,795.81
France CAC40 / Apr 10	7,230.41

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 9	17,085
Gold 10 Grams PKR / Apr 9	275,205
Cotton US¢/pound / Apr 9	66.63
Crude Oil USD/Barrel / Apr 10	60.72
Gold Spot USD/Ounce / Apr 10	3,105.88
Petrol/Litre / Apr 11	254.63
Diesel/Litre / Apr 11	258.64

Gainers
Losers
Leaders

Stock	Price
Tri-Star Mutual / Apr 10 Tri-Star Mutual Fund Limited(TSMF)	8.10 ▲ 1 (14.08%)
Burj Clean Energy Modaraba / Apr 10 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9 ▲ 1 (12.5%)
Pak Agro Pack. (GEM) / Apr 10 Pak Agro Packaging Limited (GEM)(GEMPAPL)	7.85 ▲ 0.79 (11.19%)
Nazir Cotton Mills / Apr 10 Nazir Cotton Mills Limited(NCML)	11.84 ▲ 1.08 (10.04%)
Pak Gulf Leasing / Apr 10 Pak-Gulf Leasing Company Limited(PGLC)	17.79 ▲ 1.62 (10.02%)
Frontier Ceram / Apr 10 Frontier Ceramics Limited(FRCL)	24.59 ▲ 2.24 (10.02%)
Tandlianwala Sugar / Apr 10 Tandlianwala Sugar Mills Limited(TSML)	73.99 ▲ 6.73 (10.01%)
Sanghar Sugar / Apr 10 Sanghar Sugar Mills Limited(SANSM)	53.19 ▲ 4.84 (10.01%)
Sui South Gas / Apr 10 Sui Southern Gas Company Limited(SSGC)	39.13 ▲ 3.56 (10.01%)
Air Link Com. / Apr 10 Air Link Communication Limited(AIRLINK)	173.15 ▲ 15.74 (10%)

Stock	Price
JS Mom. Factor ETF / Apr 10 JS Momentum Factor ETF(JSMFETF)	11.69 ▼ -1.58 (-11.91%)
Premier Sugar / Apr 10 The Premier Sugar Mills(PMRS)	324 ▼ -36 (-10%)
Fateh Ind. / Apr 10 Fateh Industries Limited(FIL)	121.01 ▼ -11.82 (-8.9%)
Pak. P.V.C. / Apr 10 Pakistan PVC Limited(PPVC)	8.26 ▼ -0.74 (-8.22%)
Sardar Chemical / Apr 10 Sardar Chemical Industries Limited(SARC)	32.25 ▼ -2.41 (-6.95%)
Tri-Star Power / Apr 10 Tri-Star Power Limited(TSPL)	6.62 ▼ -0.42 (-5.97%)
Elahi Cot. / Apr 10 Elahi Cotton Mills Limited(ELCM)	128.80 ▼ -7.6 (-5.57%)
Gulshan Sp. / Apr 10 Gulshan Spinning Mills Limited(GSPM)	3.11 ▼ -0.18 (-5.47%)
Pak Gen.Ins. / Apr 10 The Pakistan General Insurance Co. Ltd.(PKGI)	9 ▼ -0.48 (-5.06%)
United Brands / Apr 10 United Brands Limited(UBDL)	22.09 ▼ -1.14 (-4.91%)

Stock	Volume
Cnergyico PK / Apr 10 Cnergyico PK Limited(CNERGY)	86,201,675 ▲ 0.18
K-Electric Ltd. / Apr 10 K-Electric Limited(KEL)	57,719,498 ▲ 0.34
Sui South Gas / Apr 10 Sui Southern Gas Company Limited(SSGC)	44,728,211 ▲ 3.56
Pak Int.Bulk / Apr 10 Pakistan International Bulk Terminal(PIBTL)	37,513,715 ▲ 0.76
Maple Leaf Cement / Apr 10 Maple Leaf Cement Factory Limited(MLCF)	20,991,880 ▲ 0.92
PIA Holding Co.Ltd / Apr 10 PIA Holding Company Limited(PIAHCLA)	20,463,930 ▼ -0.11
Pak Elektron / Apr 10 Pak Elektron Limited(PAEL)	20,122,690 ▲ 4.08
Fauji Cement / Apr 10 Fauji Cement Company Limited(FCCL)	19,229,506 ▲ 0.12
At-Tahur Ltd. / Apr 10 At-Tahur Limited(PREMA)	19,056,551 ▲ 3.8
WorldCall Telecom / Apr 10 Worldcall Telecom Limited(WTL)	16,620,477 ▲ 0.03

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