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Print - 2006-05-04
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 04 May, 2006 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (May 03, 2006).

Published 04 May, 2006 12:00am
Musharraf visits chamber in Parliament House

Musharraf visits chamber in Parliament House

President General Pervez Musharraf visited his chamber in the Parliament House on Wednesday. On arrival at the Parliament House, he was received by National Assembly Speaker Amir Hussain.
Published 04 May, 2006 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Wednesday (May 03, 2006).

Published 04 May, 2006 12:00am
How wrong clubbing of data plays havoc with balance sheet?

How wrong clubbing of data plays havoc with balance sheet?

How wrong clubbing of data plays havoc with the balance sheet was a case of inquiry for the central bank when it found an abnormal bulge in the banking system's deposits and 'other assets' on 8th April.
Published 04 May, 2006 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Wednesday (May 03, 2006).

Published 04 May, 2006 12:00am
How wrong clubbing of data plays havoc with balance sheet?

How wrong clubbing of data plays havoc with balance sheet?

How wrong clubbing of data plays havoc with the balance sheet was a case of inquiry for the central bank when it found an abnormal bulge in the banking system's deposits and 'other assets' on 8th April.
Published 04 May, 2006 12:00am
How wrong clubbing of data plays havoc with balance sheet?

How wrong clubbing of data plays havoc with balance sheet?

How wrong clubbing of data plays havoc with the balance sheet was a case of inquiry for the central bank when it found an abnormal bulge in the banking system''s deposits and ''other assets'' on 8th April.
Published 04 May, 2006 12:00am
Bullish trend prevails on LSE

Bullish trend prevails on LSE

Bullish trend stayed for the second consecutive session on Lahore Stock Exchange (LSE), with cement stocks performing extremely well following fresh buying interest, enabling the market gain another 95.41 points.
Published 04 May, 2006 12:00am
Bullish trend prevails on LSE

Bullish trend prevails on LSE

Bullish trend stayed for the second consecutive session on Lahore Stock Exchange (LSE), with cement stocks performing extremely well following fresh buying interest, enabling the market gain another 95.41 points.
Published 04 May, 2006 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Wednesday (May 03, 2006).

Published 04 May, 2006 12:00am
Bulls take control of ISE

Bulls take control of ISE

Equities continued to show healthy signs at the Islamabad Stock Exchange (ISE) where bulls strengthened their positions under the lead of trend-setters amid increase in index.
Published 04 May, 2006 12:00am
Bulls take control of ISE

Bulls take control of ISE

Equities continued to show healthy signs at the Islamabad Stock Exchange (ISE) where bulls strengthened their positions under the lead of trend-setters amid increase in index.
Published 04 May, 2006 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (May 03, 2006).
Published 04 May, 2006 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (May 03, 2006).

Published 04 May, 2006 12:00am
Turkish inflation jumps

Turkish inflation jumps

Turkish inflation came in sharply higher than expected in April due to high oil and agriculture prices, official data showed on Wednesday, reducing expectations of a near-term interest rate cut.
Published 04 May, 2006 12:00am
Bernanke steers clear of rate flap in remarks

Bernanke steers clear of rate flap in remarks

Federal Reserve Chairman Ben Bernanke on Wednesday steered clear of a flap over potential miscommunication between the central bank and financial markets in prepared remarks on community development.
Published 04 May, 2006 12:00am
Ban by India on export to benefit Pakistan cement makers

Ban by India on export to benefit Pakistan cement makers

Cement share prices recorded appreciable gains on Wednesday, ranging from Re 0.65 to Rs 5.75, on reports that India might impose a ban on cement export as prices in its domestic market have gone up by almost 40 percent.
Published 04 May, 2006 12:00am
Sindh government not to pay bills of unmetered power connections: CS

Sindh government not to pay bills of unmetered power connections: CS

Sindh Chief Secretary Fazlur Rehman has made it clear that Sindh Government will not pay the bills for unmetered connections. He stated this while chairing a meeting held to consider matters concerning arrears of Hesco against certain departments of Sindh
Published 04 May, 2006 12:00am
Gem merchants' row may be taken to court: notice issued to MoC

Gem merchants' row may be taken to court: notice issued to MoC

The inordinate delay on the part of Ministry of Commerce (MoC) in deciding the claims of two warring groups in the All Pakistan Gem Merchants & Jewellers Association (APGMJA) may finally be taken to court of law for resolution of the ongoing disputes.
Published 04 May, 2006 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Wednesday (May 03, 2006).

Published 04 May, 2006 12:00am
Gem merchants' row may be taken to court: notice issued to MoC

Gem merchants' row may be taken to court: notice issued to MoC

The inordinate delay on the part of Ministry of Commerce (MoC) in deciding the claims of two warring groups in the All Pakistan Gem Merchants & Jewellers Association (APGMJA) may finally be taken to court of law for resolution of the ongoing disputes.
Published 04 May, 2006 12:00am
Gem merchants'' row may be taken to court: notice issued to MoC

Gem merchants'' row may be taken to court: notice issued to MoC

The inordinate delay on the part of Ministry of Commerce (MoC) in deciding the claims of two warring groups in the All Pakistan Gem Merchants & Jewellers Association (APGMJA) may finally be taken to court of law for resolution of the ongoing disputes.
Published 04 May, 2006 12:00am
Cooking oil industry censured for rules non-compliance

Cooking oil industry censured for rules non-compliance

The meeting of Oilseeds and Allied Products Sectional Committee of PSQCA, Standards Development Centre, Karachi, was held under the chairmanship of Dr Riffat Aysha Anis, Chief of Nutrition Division, NIH, Islamabad.
Published 04 May, 2006 12:00am
Mukhtaran Mai honoured

Mukhtaran Mai honoured

Mukhtaran Mai whose gang rape in her native village sparked an international outcry, was honoured at the United Nations on Tuesday for becoming a leading women's rights advocate.
Published 04 May, 2006 12:00am
Mukhtaran Mai honoured

Mukhtaran Mai honoured

Mukhtaran Mai whose gang rape in her native village sparked an international outcry, was honoured at the United Nations on Tuesday for becoming a leading women's rights advocate.
Published 04 May, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (May 03, 2006).

Published 04 May, 2006 12:00am
Pramod Mahajan dies

Pramod Mahajan dies

A senior Indian Hindu nationalist party leader and former federal minister Pramod Mahajan died Wednesday in hospital after being shot by his younger brother.
Published 04 May, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (May 03, 2006).

Published 04 May, 2006 12:00am
Pramod Mahajan dies

Pramod Mahajan dies

A senior Indian Hindu nationalist party leader and former federal minister Pramod Mahajan died Wednesday in hospital after being shot by his younger brother.
Published 04 May, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (May 03, 2006).

Published 04 May, 2006 12:00am
Abizaid arrives

Abizaid arrives

Commander US Centcom General John P Abizaid arrived here on Wednesday on a three-day official visit to Pakistan. On arrival at PAF Base Chaklala, Major General Syed Taqi Naseer Rizvi, Director General Army Aviation, received Abizaid.
Published 04 May, 2006 12:00am
Indian military practices strike capability

Indian military practices strike capability

India's top military strike force backed by aircraft were practicing lightning attacks aimed at slicing Pakistan in half in the event of actual war, officials said on Wednesday.
Published 04 May, 2006 12:00am
Indian military practices strike capability

Indian military practices strike capability

India's top military strike force backed by aircraft were practicing lightning attacks aimed at slicing Pakistan in half in the event of actual war, officials said on Wednesday.
Published 04 May, 2006 12:00am
LPG price surges by Rs 5 per kg

LPG price surges by Rs 5 per kg

The price of Liquefied Petroleum Gas (LPG) has once again surged by Rs five per kg mounting to Rs 46 per kg from Rs 41 per kg from Wednesday.
Published 04 May, 2006 12:00am
LPG price surges by Rs 5 per kg

LPG price surges by Rs 5 per kg

The price of Liquefied Petroleum Gas (LPG) has once again surged by Rs five per kg mounting to Rs 46 per kg from Rs 41 per kg from Wednesday.
Published 04 May, 2006 12:00am
LPG price surges by Rs 5 per kg

LPG price surges by Rs 5 per kg

The price of Liquefied Petroleum Gas (LPG) has once again surged by Rs five per kg mounting to Rs 46 per kg from Rs 41 per kg from Wednesday.
Published 04 May, 2006 12:00am
Journalists vow to defend press freedom

Journalists vow to defend press freedom

Journalists and other newspapers employees on Wednesday held rallies on International Press Freedom Day, vowing to defend freedom of expression and demanding recovery of missing journalists Hayatullah Khan, withdrawal of cases against newsmen and implemen
Published 04 May, 2006 12:00am
Mobilink service in Chitral

Mobilink service in Chitral

The Mobilink has provided its service in Chitral, says a press release. This is another first by Mobilink by expanding its network coverage to Chitral, said Bilal Munir Sheikh, Director Marketing.
Published 04 May, 2006 12:00am
Nation has complete trust in Navy: President

Nation has complete trust in Navy: President

The nation has complete trust and confidence in Pakistan Navy's operational preparedness, professional capabilities and devotion to duty with regard to the defence of the country's maritime frontiers, said President General Pervez Musharraf on Wednesday.
Published 04 May, 2006 12:00am
Senate panel to review military departments performances

Senate panel to review military departments performances

The Senate Standing Committee on Defence on Wednesday decided to question various military departments about their performance and expenditures to strengthen a parliamentary grip over an unbridled institution.
Published 04 May, 2006 12:00am
Uzbekistan keen to export sugar and cotton to Pakistan

Uzbekistan keen to export sugar and cotton to Pakistan

Uzbekistan has shown interest in exporting sugar and cotton to Pakistan, in addition to further cementing relations in the fields of science, technology, telecommunication, trade and water sector. These offers were made by the visiting Uzbekistan Presiden
Published 04 May, 2006 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 04 May, 2006 12:00am
JUP calls for judicial probe into Nishtar Park tragedy

JUP calls for judicial probe into Nishtar Park tragedy

Jamiat-e-Ulema-e-Pakistan (JUP) has demanded of the Sindh government to step down and called for formation of a judicial commission under the Chief Justice of Pakistan to probe the Nishtar Park blast.
Published 04 May, 2006 12:00am
PFMA wants zero-rated duty on footwear raw materials

PFMA wants zero-rated duty on footwear raw materials

Pakistan Footwear Manufacturers Association (PFMA) has recommended that the government should allow zero-rated duty on import of all the footwear raw materials, including the finished ones in order to prepare the manufacturing sector face the duty-free re
Published 04 May, 2006 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Wednesday (May 03, 2006).

Published 04 May, 2006 12:00am
PKIC AGM approves Rs 4.2 billion dividend

PKIC AGM approves Rs 4.2 billion dividend

The 27th Annual General Meeting (AGM) of Pakistan Kuwait Investment Company (PKIC)(Private) Limited was held recently in Karachi and was attended by shareholders representing Government of Pakistan through State Bank of Pakistan and Government of Kuwait t
Published 04 May, 2006 12:00am
The Weather

The Weather

The weather report on Wednesday (May 03, 2006) and the forecast for Thursday (May 04, 2006).
Published 04 May, 2006 12:00am
USAID-funded spinal rehabilitation centre opens

USAID-funded spinal rehabilitation centre opens

The United States Agency for International Development (USAID) and a consortium of Pakistani partners inaugurated a Spinal Rehabilitation Centre at the Abbas Institute for Medical Sciences Muzaffarabad (AIMS).
Published 04 May, 2006 12:00am
New York cotton

New York cotton

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

Published 04 May, 2006 12:00am
Cattle colonies in 14 Sindh districts planned

Cattle colonies in 14 Sindh districts planned

Sindh Adviser for Livestock and Fisheries, Fakir Mohammed Jadam Mangrio has divulged a plan envisaging the construction of cattle colonies on 200 acres of land in 14 districts and three towns of Sindh.
Published 04 May, 2006 12:00am
New York cotton

New York cotton

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

Published 04 May, 2006 12:00am
Sindh Assembly prorogued amidst uproar

Sindh Assembly prorogued amidst uproar

Sindh Assembly's current session, which was requisitioned by the opposition to discuss a two-point agenda, was prorogued on Wednesday following uproar in the House. Irfan Gul Magsi from Panel of Chairman was presiding over the session when the rumpus star
Published 04 May, 2006 12:00am
PTA concerned over raise in POL prices

PTA concerned over raise in POL prices

Pakistan Tanners Association (PTA) Chairman Khawaja M Yousuf has expressed deep concern over drastic increase in the prices of petroleum products announced by the Oil and Gas Regulatory Authority (Ogra) on Sunday.
Published 04 May, 2006 12:00am
Igatex received encouraging response from buyers

Igatex received encouraging response from buyers

The fifth exhibition of Textile Machinery & Accessories gathered huge crowds in Karachi supplementing its success and gaining immense response from the textile industry players.
Published 04 May, 2006 12:00am
ILO global report on child labour today

ILO global report on child labour today

A global report providing new estimates at the number of child labourers world-wide and regionally, and analysing the progress to date in the struggle against child labour, is being released on May 4 by the International Labour Office (ILO) here and aroun
Published 04 May, 2006 12:00am