News Archives for Print - 2006-05-03

Print - 2006-05-03

THE RUPEE: rates unchanged in interbank market

The rupee commenced the week on a firm note, showing no major change versus the dollar in the interbank market on Tuesday for buying and selling at 60.06 and 60.07, respectively.

Published 03 May, 2006 12:00am

Balochistan issue: Jamali for implementing parliamentary body report

Former prime minister Mir Zafarullah Khan Jamali has said that Balochistan issue is not problem of three chieftains and calling it as a problem of three Sardars would not be right.

Published 03 May, 2006 12:00am

Insurance: NEW JUBILEE INSURANCE COMPANY LIMITED - Year Ended December 31 2005

The NJI shares are trading at the stock market at a very high premium. During the last 52 weeks the five-rupee share value of the company reached Rs 162.05 per share.

Published 03 May, 2006 12:00am

'Wheat procurement target to be achieved'

The government is sure to achieve procurement target in the better interest of farmer community, Wheat Commissioner, Ministry of Food and Agriculture, Dr Shakil Ahmad Khan, said on Tuesday.

Published 03 May, 2006 12:00am

Insurance: NEW JUBILEE INSURANCE COMPANY LIMITED - Year Ended December 31 2005

The NJI shares are trading at the stock market at a very high premium. During the last 52 weeks the five-rupee share value of the company reached Rs 162.05 per share.

Published 03 May, 2006 12:00am

'Country to have more adult literacy centres'

About 90,000 more adult literacy centres would be established across the country within next four years, said Deputy Educational Adviser Dr Muhammad Saleem Tuesday.

Published 03 May, 2006 12:00am

All shares index report

The sector-wise all shares index report on Tuesday (May 02, 2006).

Published 03 May, 2006 12:00am

US Pakistanis show solidarity with striking immigrants

Pakistani store owners in a section of Brooklyn, a borough of New York City, pulled down their shutters on Monday in solidarity with striking immigrant workers across the United States.

Published 03 May, 2006 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices on Wednesday (May 03, 2006).

Published 03 May, 2006 12:00am

General Ahsan visits Gujranwala Garrison

Vice Chief of Army Staff, General Ahsan Saleem Hayat visited Gujranwala Garrison, here on Tuesday and met Corps Commander Gujranwala, Lieutenant General Anis Ahmad Abbasi.

Published 03 May, 2006 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices on Wednesday (May 03, 2006).

Published 03 May, 2006 12:00am

Complainant gets medical claim on Ombudsman's directive

The Provincial Ombudsman has directed the education department to pay the withheld reimbursement claim of the complainant Inayat Hussain and take strict action against the officials responsible for delaying the matter.

Published 03 May, 2006 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices on Wednesday (May 03, 2006).

Published 03 May, 2006 12:00am

Linking normalisation of ties with Kashmir extreme: Menon

"It would be a mistake to bind normalisation of Indo-Pak relations with finding a solution to Jammu and Kashmir problem; and dialogue is the only way to find out solution of this issue.'

Published 03 May, 2006 12:00am

BRIndex30 and BR Sectoral Indices

BRIndex30 and BR Sectoral Indices on Tuesday (May 02, 2006).

Published 03 May, 2006 12:00am

FROM A RINGSIDE SEAT

Inversely proportional to the heat the out-of -parliament politics is catching the proceedings in the National Assembly on Tuesday evening lacked warmth and were so much out of focus that at times these carried the tinge of theatrical.

Published 03 May, 2006 12:00am

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 03 May, 2006 12:00am

Removal from Service Ordinance-2000: opposition stages walk out from National Assembly

Combined opposition walked out of the National Assembly (NA) on Tuesday against the government benches' resistance to the proposed amendment in the Removal from Service (Special Powers) Ordinance-2000.

Published 03 May, 2006 12:00am

Dividend/Bonus Announcements

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

Published 03 May, 2006 12:00am

Kathy's book on Afghanistan launched

Canada-based journalist Kathy Gannon's book "I is for Infidel: 18 years in Afghanistan" was launched at a local hotel here on Tuesday. Kathy Gannon is an international correspondent of the Associated Press (AP). She has been AP correspondent in Pakistan a

Published 03 May, 2006 12:00am

Shares buy-back schedule

Shares buy-back schedule of listed companies on Tuesday (May 02, 2006).

Published 03 May, 2006 12:00am

'Automobile zone' to be constructed: Kamal

City Nazim Mustafa Kamal has announced that an 'automobile zone' will be built on 100 acres land to boost the automobile industry in the city.

Published 03 May, 2006 12:00am

Last date of renunciation/payment

Last dates of renunciation/payment.

Published 03 May, 2006 12:00am

HBFC to develop, finance housing scheme in Gwadar

The House Building Finance Corporation (HBFC) has inked 3-MoUs with Gwadar Development Authority (GDA) and District Nazim, Gwadar. These are for design, development and construction of small and medium-cost housing scheme on a 63 acres piece of land in Gw

Published 03 May, 2006 12:00am

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 03 May, 2006 12:00am

Government urged to start work on ethanol fuel plan

A spokesman of Pakistan Sugar Mills Association (PSMA) has urged the government to immediately start work on 'Ethanol Fuel Programme' to check further increase in inflation.

Published 03 May, 2006 12:00am

Companies under suspension

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

Published 03 May, 2006 12:00am

BoP's quarterly accounts approved

A meeting of the Board of Directors of the Bank of Punjab was held on April 29 in which the quarterly accounts of the bank for the period ended March 31 were considered and approved by the Board.

Published 03 May, 2006 12:00am

Clearing Schedule for T+3 System

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

Published 03 May, 2006 12:00am

Function

Federal Information Minister Muhammad Ali Durrani will address a function to be held in connection with the World Press Freedom Day here at Press Institute of Pakistan on Wednesday (May 3).

Published 03 May, 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 03 May, 2006 12:00am

Condolence

Chairman Pakistan Cricket Board Shaharyar M Khan has expressed its deep sorrow over the sad demise of former chairman PCB Lieutenant General Safdar Butt (Retd).

Published 03 May, 2006 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Tuesday (May 02, 2006).

Published 03 May, 2006 12:00am

Banking sector profits up 99 percent

The country's commercial banking sector was the most profit earning sector for the year 2005 among 34 listed sectors at KSE. The net earnings of the sector's institutions climbed by almost 99 percent during the period.

Published 03 May, 2006 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Tuesday (May 02, 2006).

Published 03 May, 2006 12:00am

Rauf visits various traffic police kiosks

Sindh Home Minister Rauf Siddiqi on Tuesday visited various traffic police kiosks. He directed the traffic police authorities to further gear up the ongoing awareness campaign with regard to smoke emitting vehicles so that transporters and vehicle owners

Published 03 May, 2006 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Tuesday (May 02, 2006).

Published 03 May, 2006 12:00am

Senate body for making viable labour policies

The Senate Standing Committee on Labour has stressed the officials to chalk out viable labour policies to solve the problems of Pakistanis living abroad.

Published 03 May, 2006 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Tuesday (May 02, 2006).

Published 03 May, 2006 12:00am

Pak-China border for land route trade reopens

Pak-China border for land route trade via Karakoram Highway was reopened Tuesday. Chinese official sources told APP in Beijing that the Customs authorities have started work at Taxkorgan-Sust customs point for facilitating import-export between two countr

Published 03 May, 2006 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Tuesday (May 02, 2006).

Published 03 May, 2006 12:00am

Shaukat for strengthening trade ties with Netherlands

Prime Minister Shaukat Aziz has said that Pakistan attaches great importance to relations with the Netherlands, which is not only one of our important trade partners but also the 7th largest foreign investor in Pakistan, and a major partner in the area of

Published 03 May, 2006 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Tuesday (May 02, 2006).

Published 03 May, 2006 12:00am

MQM seeks Centre's help to resolve KESC-Wapda row

Muttahida Qaumi Movement (MQM) has demanded of the federal government to intervene and resolve the ongoing controversy of outstanding dues between Water and Power Development Authority (Wapda) and Karachi Electricity Supply Corporation (KESC), which is th

Published 03 May, 2006 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Tuesday (May 02, 2006).

Published 03 May, 2006 12:00am

Gwadar port offers shortest route to Arabian Sea: Musharraf

President General Pervez Musharraf said on Tuesday Pakistan's newly developed modern deep seaport at Gwadar offers Central Asian States the shortest route to the Arabian Sea for commerce with the world and added that under the Economic Co-operation Organi

Published 03 May, 2006 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Tuesday (May 02, 2006).

Published 03 May, 2006 12:00am

Development in Balochistan on track: President

President General Pervez Musharraf has said the ongoing development process in Balochistan province was on the track and directed that necessary steps should be taken to ensure it gathers further momentum.

Published 03 May, 2006 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Tuesday (May 02, 2006).

Published 03 May, 2006 12:00am

Uzbek trade team briefed on ISE working

The board of directors of the Islamabad Stock Exchange (ISE) on Tuesday briefed a trade delegation from Uzbekistan on the working of stock exchange, including buying/selling of shares and capital market reforms.

Published 03 May, 2006 12:00am

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Tuesday (May 02, 2006).

Published 03 May, 2006 12:00am

Grade-20/21 official may apply for director generals post

Tax officials of Grade-20/21 would be eligible to apply for the post of director generals (DGs) at the 12 proposed Regional Tax Offices (RTOs).

Published 03 May, 2006 12:00am

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Tuesday (May 02, 2006).

Published 03 May, 2006 12:00am

POL price hike flayed

The Supreme Council of All Pakistan Transporters (SCAPT) and the Pakistan Transport Federation (PTF) have vehemently criticised hike in petroleum prices and demanded of the government to reverse the recent increase.

Published 03 May, 2006 12:00am

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Tuesday (May 02, 2006).

Published 03 May, 2006 12:00am

Jamaat expels two MPAs

Jamaat-i-Islami (JI) on Tuesday expelled its two members of the NWFP assembly including a provincial minister for sports and culture for violating party discipline and voting for other candidates than the party nominees in the last Senate elections held o

Published 03 May, 2006 12:00am

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (May 02, 2006).

Published 03 May, 2006 12:00am

Planning Commission approves Rs 960 million HEC project

The Planning Commission has approved a Higher Education Commission (HEC) project worth Rs 960 million to strengthen the teaching facilities at Balochistan University.

Published 03 May, 2006 12:00am

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (May 02, 2006).

Published 03 May, 2006 12:00am

Strategy to float OGDC''s GDRs to be discussed today

The Privatisation Commission (PC) has convened a preliminary meeting on Wednesday to workout strategy for floating the Oil and Gas Development Company Limited''s (OGDC) 10 percent shares (500 million shares in total) as global depository receipts (GDRs) a

Published 03 May, 2006 12:00am

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (May 02, 2006).

Published 03 May, 2006 12:00am

Strategy to float OGDC's GDRs to be discussed today

The Privatisation Commission (PC) has convened a preliminary meeting on Wednesday to workout strategy for floating the Oil and Gas Development Company Limited's (OGDC) 10 percent shares (500 million shares in total) as global depository receipts (GDRs) an

Published 03 May, 2006 12:00am

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (May 02, 2006).

Published 03 May, 2006 12:00am

Strategy to float OGDC's GDRs to be discussed today

Published 03 May, 2006 12:00am

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (May 02, 2006).

Published 03 May, 2006 12:00am

Government, manufacturers'' talks on new auto policy fail

The government has failed to reach an agreement on new auto policy as the manufacturers opposed duty differential giving preferential treatment to the new entrants, Business Recorder learnt on Tuesday.

Published 03 May, 2006 12:00am

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (May 02, 2006).

Published 03 May, 2006 12:00am

Government, manufacturers' talks on new auto policy fail

Published 03 May, 2006 12:00am

KKI closing rates of currency notes

Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Tuesday (May 02, 2006).

Published 03 May, 2006 12:00am

Government, manufacturers' talks on new auto policy fail

Published 03 May, 2006 12:00am

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Tuesday (May 02, 2006).

Published 03 May, 2006 12:00am

Trans-Kashmir trade talks begin

Pakistan and India are expected to announce the dates on Wednesday for starting of truck service for intra-Kashmir trade and launching Poonch-Rawalakot bus service in June and July respectively.

Published 03 May, 2006 12:00am

Currency values in term of Special Drawing Rights

The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special Drawing Rights (SDR).

Published 03 May, 2006 12:00am

Trans-Kashmir trade talks begin

Pakistan and India are expected to announce the dates on Wednesday for starting of truck service for intra-Kashmir trade and launching Poonch-Rawalakot bus service in June and July respectively.

Published 03 May, 2006 12:00am

US treasuries bid yields

US treasuries bid yields on Tuesday (May 02, 2006).

Published 03 May, 2006 12:00am

Abid Sattar made HBL SEVP and group executive

The Habib Bank Limited (HBL) has announced the appointment of Abid Sattar as Senior Executive Vice President (SEVP) and Group Executive (GE), retail banking, from April 24, 2006, says a HBL press release issued here on Tuesday.

Published 03 May, 2006 12:00am

US treasuries bid yields

US treasuries bid yields on Tuesday (May 02, 2006).

Published 03 May, 2006 12:00am

KESC told to complete link with Hubco

Federal Minister for Water and Power Liaquat Ali Jatoi has directed the Karachi Electric Supply Corporation (KESC) to improve the rehabilitation and distribution system for uninterrupted power supply to the consumers in the summer season.

Published 03 May, 2006 12:00am

US treasuries bid yields

US treasuries bid yields on Tuesday (May 02, 2006).

Published 03 May, 2006 12:00am

KESC told to complete link with Hubco

Published 03 May, 2006 12:00am

US treasuries bid prices

US treasuries bid prices on Tuesday (May 02, 2006).

Published 03 May, 2006 12:00am

KESC told to complete link with Hubco

Published 03 May, 2006 12:00am

US treasuries bid prices

US treasuries bid prices on Tuesday (May 02, 2006).

Published 03 May, 2006 12:00am

Abamco to soon start selling fund units

Abamco is expected to start selling units in its open ended mutual fund where investment would be pegged at Abamco 30 index constituted on the basis of free float. The company has raised the seed capital, while it is expected to start initial public offer

Published 03 May, 2006 12:00am

US treasuries bid prices

US treasuries bid prices on Tuesday (May 02, 2006).

Published 03 May, 2006 12:00am

Abamco to soon start selling fund units

Published 03 May, 2006 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Tuesday (May 02, 2006).

Published 03 May, 2006 12:00am

LG Electronics top plasma display maker in first quarter

South Korea's LG Electronics Inc grabbed the top spot in the world's plasma display (PDP) module market, overtaking Japan's Matsushita Electric Industrial Co and home rival Samsung SDI Co, market research firm DisplaySearch said on Tuesday.

Published 03 May, 2006 12:00am

London Interbank Offered Rates

London Interbank Offered Rates (LIBOR) on Tuesday (May 02, 2006).

Published 03 May, 2006 12:00am

LG Electronics top plasma display maker in first quarter

Published 03 May, 2006 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (May 02, 2006).

Published 03 May, 2006 12:00am

Rs 38.57 million water management project launched for lower Sindh areas

The Pakistan Council of Research in Water Resources (PCRWR) has launched a project titled 'Sustainable Technologies for Efficient Water Management in Irrigated Areas of Southern Indus Plain', which will be completed at a cost of Rs 38.57 million in five y

Published 03 May, 2006 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (May 02, 2006).

Published 03 May, 2006 12:00am

EU to apply competition rules to Gazprom

The European Union said on Tuesday it would apply the same competition rules to Russian gas giant Gazprom as to any European firm, taking the company's export monopoly into account.

Published 03 May, 2006 12:00am

Banks' rates for currency notes (buying and selling)

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Tuesday (May 02, 2006).

Published 03 May, 2006 12:00am

Cop killed in encounter

A police constable, Abdul Rasheed was killed and other injured while a passer-by Malik Faiz Bakhsh also injured when a number of outlaws attacked the police van and got released their accomplices just before production before the court the court in Alipur

Published 03 May, 2006 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 25	277.83
USD PKR Interbank Buying / Nov 25	277.73
USD to Japanese Yen / Nov 26	153.85
USD to Swiss Franc / Nov 26	0.89
Pound Sterling to USD / Nov 26	1.25
Euro to USD / Nov 26	1.05

Stock	Volume
S&P 500 / Nov 25	5,987.37
India Sensex / Nov 25	80,109.85
Tokyo Nikkei / Nov 25	38,242.02
Nasdaq / Nov 25	18,054.84
Hang Seng / Nov 25	19,255.06
FTSE 100 / Nov 25	8,291.68
Dow Jones / Nov 25	44,736.57
Germany DAX 30 / Nov 25	19,405.20

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 25	17,685
Gold 10 Grams PKR / Nov 25	244,860.20
Petrol/Litre / Nov 26	248.38
Crude Oil USD/Barrel / Nov 26	69.12
Gold Spot USD/Ounce / Nov 26	2,630.41
Diesel/Litre / Nov 26	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 26 786 Investments Limited(786)	6.86 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 26 Al-Abbas Sugar Mills Limited(AABS)	610 ▼ 0.00 (0.00%)
Agro Allianz / Nov 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 26 Ali Asghar Textile Mills Limited(AATM)	74.39 ▼ 0.00 (0.00%)
Allied Bank / Nov 26 Allied Bank Limited(ABL)	122.01 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 26 Abbott Laboratories (Pakistan) Limited(ABOT)	998.48 ▼ 0.00 (0.00%)
Abson Ind. / Nov 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 26 Alfalah Consumer Index ETF.(ACIETF)	12.42 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 26 786 Investments Limited(786)	6.86 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 26 Al-Abbas Sugar Mills Limited(AABS)	610 ▲ 0.00 (0.00%)
Agro Allianz / Nov 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 26 Ali Asghar Textile Mills Limited(AATM)	74.39 ▲ 0.00 (0.00%)
Allied Bank / Nov 26 Allied Bank Limited(ABL)	122.01 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 26 Abbott Laboratories (Pakistan) Limited(ABOT)	998.48 ▲ 0.00 (0.00%)
Abson Ind. / Nov 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 26 Alfalah Consumer Index ETF.(ACIETF)	12.42 ▲ 0.00 (0.00%)

Stock	Volume
Hascol Petrol / Nov 26 Hascol Petroleum Limited(HASCOL)	64,823,622 ▲ 0.00
Cnergyico PK / Nov 26 Cnergyico PK Limited(CNERGY)	48,065,578 ▲ 0.00
Fauji Foods Ltd / Nov 26 Fauji Foods Limited(FFL)	40,919,425 ▲ 0.00
WorldCall Telecom / Nov 26 Worldcall Telecom Limited(WTL)	33,547,707 ▲ 0.00
K-Electric Ltd. / Nov 26 K-Electric Limited(KEL)	32,092,012 ▲ 0.00
Sui South Gas / Nov 26 Sui Southern Gas Company Limited(SSGC)	30,420,168 ▲ 0.00
Treet Battery / Nov 26 Treet Battery Limited(TBL)	22,823,492 ▲ 0.00
B.O.Punjab / Nov 26 The Bank of Punjab(BOP)	20,014,784 ▲ 0.00
Waves Home Appliances / Nov 26 Waves Home Appliances Limited(WAVESAPP)	19,695,105 ▲ 0.00

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