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Print - 2006-06-15
26 Taleban killed in Afghanistan

26 Taleban killed in Afghanistan

Afghan and coalition forces killed 26 Taleban on the country's border with Pakistan on Wednesday while four civilians were killed in rocket attacks in the same area, a provincial governor said.
Published 15 Jun, 2006 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (June 14, 2006).

Published 15 Jun, 2006 12:00am
26 Taleban killed in Afghanistan

26 Taleban killed in Afghanistan

Afghan and coalition forces killed 26 Taleban on the country's border with Pakistan on Wednesday while four civilians were killed in rocket attacks in the same area, a provincial governor said.
Published 15 Jun, 2006 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Wednesday (June 14, 2006) and for Thursday (June 15, 2006).
Published 15 Jun, 2006 12:00am
Utility bills payment: SBP submit report before Supreme Court bench

Utility bills payment: SBP submit report before Supreme Court bench

The State Bank of Pakistan on Wednesday submitted before the Supreme Court here that it had taken all possible measures to implement the order of the Court that commercial banks should make proper arrangements in their countrywide branches for receiving u
Published 15 Jun, 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, June 15, 2006.

Published 15 Jun, 2006 12:00am
Naeem to head Pak-Libya Holding

Naeem to head Pak-Libya Holding

Naeemuddin Khan has been appointed CEO and Managing Director of Pak-Libya Holding Company (Pvt) Ltd. At present, he is Member, Banking, Corporate and Industrial Restructuring Corporation, Lahore. He has over 25 years diversified international banking expe
Published 15 Jun, 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, June 15, 2006.

Published 15 Jun, 2006 12:00am
Naeem to head Pak-Libya Holding

Naeem to head Pak-Libya Holding

Naeemuddin Khan has been appointed CEO and Managing Director of Pak-Libya Holding Company (Pvt) Ltd. At present, he is Member, Banking, Corporate and Industrial Restructuring Corporation, Lahore. He has over 25 years diversified international banking expe
Published 15 Jun, 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, June 15, 2006.

Published 15 Jun, 2006 12:00am
Naeem to head Pak-Libya Holding

Naeem to head Pak-Libya Holding

Naeemuddin Khan has been appointed CEO and Managing Director of Pak-Libya Holding Company (Pvt) Ltd. At present, he is Member, Banking, Corporate and Industrial Restructuring Corporation, Lahore. He has over 25 years diversified international banking expe
Published 15 Jun, 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 (June 14, 2006).

Published 15 Jun, 2006 12:00am
Naeem to head Pak-Libya Holding

Naeem to head Pak-Libya Holding

Naeemuddin Khan has been appointed CEO and Managing Director of Pak-Libya Holding Company (Pvt) Ltd. At present, he is Member, Banking, Corporate and Industrial Restructuring Corporation, Lahore. He has over 25 years diversified international banking expe
Published 15 Jun, 2006 12:00am
Security guard commits suicide

Security guard commits suicide

A security guard of a private company Ellahi Bux committed suicide by shooting himself, while he was performing his duty at Saeedabad Colony. According to details, Ellahi Bux was performing his duty in Saeedabad since a week and he was confused due to his
Published 15 Jun, 2006 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (June 14, 2006).

Published 15 Jun, 2006 12:00am
Poverty reduction: ADB sets medium-term priorities for 2006-08

Poverty reduction: ADB sets medium-term priorities for 2006-08

The Asian Development Bank has launched its new medium-term strategy, covering 2006-2008 to strengthen the poverty-reducing impact of its assistance. The new strategy is also designed to make ADB operations more selective and focused.
Published 15 Jun, 2006 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (June 14, 2006).

Published 15 Jun, 2006 12:00am
Selling pressure grips ISE

Selling pressure grips ISE

Selling-pressure intensified in hot favourite at the Islamabad Stock Exchange (ISE) where equities witnessed broad-based erosion amid decrease in index. ISE Ten index showed a decrease of 110.63 points as the index moved from 2,444.06 to 2,333.43 points.
Published 15 Jun, 2006 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (June 14, 2006).

Published 15 Jun, 2006 12:00am
Selling pressure grips ISE

Selling pressure grips ISE

Selling-pressure intensified in hot favourite at the Islamabad Stock Exchange (ISE) where equities witnessed broad-based erosion amid decrease in index. ISE Ten index showed a decrease of 110.63 points as the index moved from 2,444.06 to 2,333.43 points.
Published 15 Jun, 2006 12:00am
LSE equities suffer more losses

LSE equities suffer more losses

Share prices suffered further losses on Lahore Stock Exchange (LSE), with index losing 6.79-percent while analysts feared more falls, if the government failed to take immediate corrective measures.
Published 15 Jun, 2006 12:00am
LSE equities suffer more losses

LSE equities suffer more losses

Share prices suffered further losses on Lahore Stock Exchange (LSE), with index losing 6.79-percent while analysts feared more falls, if the government failed to take immediate corrective measures.
Published 15 Jun, 2006 12:00am
THE RUPEE: six paisa gain versus dollar in open market

THE RUPEE: six paisa gain versus dollar in open market

Firm trend was seen in the interbank market on Wednesday as the rupee retained its overnight levels for buying and selling at 60.14 and 60.16, respectively. Though the fiscal year about to end and the import payments are near completion, the rupee did not
Published 15 Jun, 2006 12:00am
Allocations for agriculture sector enhanced

Allocations for agriculture sector enhanced

The Punjab government has increased 2006-07 budgetary allocations for agriculture and its allied sectors, and has allocated Rs 1100 million for agriculture, Rs 600 million for livestock, Rs 200 million for forestry, Rs 310 million for management, developm
Published 15 Jun, 2006 12:00am
THE RUPEE: six paisa gain versus dollar in open market

THE RUPEE: six paisa gain versus dollar in open market

Firm trend was seen in the interbank market on Wednesday as the rupee retained its overnight levels for buying and selling at 60.14 and 60.16, respectively. Though the fiscal year about to end and the import payments are near completion, the rupee did not
Published 15 Jun, 2006 12:00am
Allocations for agriculture sector enhanced

Allocations for agriculture sector enhanced

The Punjab government has increased 2006-07 budgetary allocations for agriculture and its allied sectors, and has allocated Rs 1100 million for agriculture, Rs 600 million for livestock, Rs 200 million for forestry, Rs 310 million for management, developm
Published 15 Jun, 2006 12:00am
Services sector introduced

Services sector introduced

With an allocation of Rs 500 million, the Punjab government has introduced a services sector to facilitate the private sector through reducing cost of doing businesses, promoting trade and investment by creating a business-friendly environment.
Published 15 Jun, 2006 12:00am
Services sector introduced

Services sector introduced

With an allocation of Rs 500 million, the Punjab government has introduced a services sector to facilitate the private sector through reducing cost of doing businesses, promoting trade and investment by creating a business-friendly environment.
Published 15 Jun, 2006 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Wednesday (June 14, 2006).

Published 15 Jun, 2006 12:00am
Services sector introduced

Services sector introduced

With an allocation of Rs 500 million, the Punjab government has introduced a services sector to facilitate the private sector through reducing cost of doing businesses, promoting trade and investment by creating a business-friendly environment.
Published 15 Jun, 2006 12:00am
Services sector introduced

Services sector introduced

With an allocation of Rs 500 million, the Punjab government has introduced a services sector to facilitate the private sector through reducing cost of doing businesses, promoting trade and investment by creating a business-friendly environment.
Published 15 Jun, 2006 12:00am
Wapda and KESC to pay sales tax on amount billed to consumers

Wapda and KESC to pay sales tax on amount billed to consumers

The government has made it mandatory, from July 1, 2006, for both the Karachi Electric Supply Corporation (KESC) and the Water and Power Development Authority (Wapda) to pay sales tax on ''''total amount billed to consumers''''.
Published 15 Jun, 2006 12:00am
Wapda and KESC to pay sales tax on amount billed to consumers

Wapda and KESC to pay sales tax on amount billed to consumers

The government has made it mandatory, from July 1, 2006, for both the Karachi Electric Supply Corporation (KESC) and the Water and Power Development Authority (Wapda) to pay sales tax on ''total amount billed to consumers''.
Published 15 Jun, 2006 12:00am
Wapda and KESC to pay sales tax on amount billed to consumers

Wapda and KESC to pay sales tax on amount billed to consumers

The government has made it mandatory, from July 1, 2006, for both the Karachi Electric Supply Corporation (KESC) and the Water and Power Development Authority (Wapda) to pay sales tax on 'total amount billed to consumers'.
Published 15 Jun, 2006 12:00am
Wapda and KESC to pay sales tax on amount billed to consumers

Wapda and KESC to pay sales tax on amount billed to consumers

The government has made it mandatory, from July 1, 2006, for both the Karachi Electric Supply Corporation (KESC) and the Water and Power Development Authority (Wapda) to pay sales tax on 'total amount billed to consumers'.
Published 15 Jun, 2006 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Wednesday (June 14, 2006).

Published 15 Jun, 2006 12:00am
LSM posts only 9 percent growth

LSM posts only 9 percent growth

The growth of large-scale manufacturing (LSM) sector, which accounted for 70 percent of total manufacturing output and 52 percent of total output of industrial sector in FY05 and was responsible for 27 percent of the contribution of commodity producing se
Published 15 Jun, 2006 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 15 Jun, 2006 12:00am
LSM posts only 9 percent growth

LSM posts only 9 percent growth

The growth of large-scale manufacturing (LSM) sector, which accounted for 70 percent of total manufacturing output and 52 percent of total output of industrial sector in FY05 and was responsible for 27 percent of the contribution of commodity producing se
Published 15 Jun, 2006 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 15 Jun, 2006 12:00am
LSM posts only 9 percent growth

LSM posts only 9 percent growth

The growth of large-scale manufacturing (LSM) sector, which accounted for 70 percent of total manufacturing output and 52 percent of total output of industrial sector in FY05 and was responsible for 27 percent of the contribution of commodity producing se
Published 15 Jun, 2006 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Wednesday (June 14, 2006).

Published 15 Jun, 2006 12:00am
Iron ore import from India: Dubai-based group declared lowest bidder

Iron ore import from India: Dubai-based group declared lowest bidder

Pakistan Steel Mills (PSM) will save almost four million dollars on the import of iron ore from India. The tender for the transportation of more than 1.6 million tonnes of iron ore was held at Pakistan Steel Mills on June 13 in which Emirates Trading, a D
Published 15 Jun, 2006 12:00am
Iron ore import from India: Dubai-based group declared lowest bidder

Iron ore import from India: Dubai-based group declared lowest bidder

Pakistan Steel Mills (PSM) will save almost four million dollars on the import of iron ore from India. The tender for the transportation of more than 1.6 million tonnes of iron ore was held at Pakistan Steel Mills on June 13 in which Emirates Trading, a D
Published 15 Jun, 2006 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 15 Jun, 2006 12:00am
Iron ore import from India: Dubai-based group declared lowest bidder

Iron ore import from India: Dubai-based group declared lowest bidder

Pakistan Steel Mills (PSM) will save almost four million dollars on the import of iron ore from India. The tender for the transportation of more than 1.6 million tonnes of iron ore was held at Pakistan Steel Mills on June 13 in which Emirates Trading, a D
Published 15 Jun, 2006 12:00am
Sales tax officials empowered to access account books

Sales tax officials empowered to access account books

The corporate sector, including private/public limited companies, is bound legally to disclose their books of accounts to the sales tax officials for ascertaining their correct tax liabilities from new fiscal (2006-07).
Published 15 Jun, 2006 12:00am
Sales tax officials empowered to access account books

Sales tax officials empowered to access account books

The corporate sector, including private/public limited companies, is bound legally to disclose their books of accounts to the sales tax officials for ascertaining their correct tax liabilities from new fiscal (2006-07).
Published 15 Jun, 2006 12:00am
Sales tax officials empowered to access account books

Sales tax officials empowered to access account books

The corporate sector, including private/public limited companies, is bound legally to disclose their books of accounts to the sales tax officials for ascertaining their correct tax liabilities from new fiscal (2006-07).
Published 15 Jun, 2006 12:00am
BRIndex30 down 818.78 points

BRIndex30 down 818.78 points

The BRIndex30 on Wednesday opened in the red, tried to recover somewhere in the middle session but then dropped again and continued the fall until closing at 8,741.52 with a negative change of -818.78 or -8.56 percent.
Published 15 Jun, 2006 12:00am
BRIndex30 down 818.78 points

BRIndex30 down 818.78 points

The BRIndex30 on Wednesday opened in the red, tried to recover somewhere in the middle session but then dropped again and continued the fall until closing at 8,741.52 with a negative change of -818.78 or -8.56 percent.
Published 15 Jun, 2006 12:00am
Biggest single-session decline on KSE

Biggest single-session decline on KSE

The Karachi Stock Exchange (KSE) on Wednesday suffered a drastic decline of 545 points - the biggest in the history in terms of points - under unabated selling pressure where most of the pivotals closed on lower circuit breakers, despite the fact that ins
Published 15 Jun, 2006 12:00am
Biggest single-session decline on KSE

Biggest single-session decline on KSE

The Karachi Stock Exchange (KSE) on Wednesday suffered a drastic decline of 545 points - the biggest in the history in terms of points - under unabated selling pressure where most of the pivotals closed on lower circuit breakers, despite the fact that ins
Published 15 Jun, 2006 12:00am
Biggest single-session decline on KSE

Biggest single-session decline on KSE

The Karachi Stock Exchange (KSE) on Wednesday suffered a drastic decline of 545 points - the biggest in the history in terms of points - under unabated selling pressure where most of the pivotals closed on lower circuit breakers, despite the fact that ins
Published 15 Jun, 2006 12:00am
Prime Minister asks Navtec to submit skills development plan

Prime Minister asks Navtec to submit skills development plan

Prime Minister Shaukat Aziz on Wednesday directed the National Vocational and Technical Education Commission (Navtec) to submit a comprehensive programme to put in place plans for technical education and vocational training system to produce a million ski
Published 15 Jun, 2006 12:00am
Azgard-9 plea for time extension: PC board decision on June 16

Azgard-9 plea for time extension: PC board decision on June 16

The Privatisation Commission Board deferred decision in Azgard-9 case for extension in Pak-Arab Fertiliser Company (PAFL) payment deadline till June 16, as its members remained divided over the issue in its Tuesday''s meeting.
Published 15 Jun, 2006 12:00am
Azgard-9 plea for time extension: PC board decision on June 16

Azgard-9 plea for time extension: PC board decision on June 16

The Privatisation Commission Board deferred decision in Azgard-9 case for extension in Pak-Arab Fertiliser Company (PAFL) payment deadline till June 16, as its members remained divided over the issue in its Tuesday's meeting.
Published 15 Jun, 2006 12:00am
Azgard-9 plea for time extension: PC board decision on June 16

Azgard-9 plea for time extension: PC board decision on June 16

The Privatisation Commission Board deferred decision in Azgard-9 case for extension in Pak-Arab Fertiliser Company (PAFL) payment deadline till June 16, as its members remained divided over the issue in its Tuesday's meeting.
Published 15 Jun, 2006 12:00am
CVT on property transfer non-negotiable: Shaukat

CVT on property transfer non-negotiable: Shaukat

Prime Minister Shaukat Aziz Shaukat Aziz said on Wednesday that CVT on property transfer was ''non-negotiable'', and tax on cheque encashment will also to stay. He disclosed that by end of this year gas pipeline with Iran would be finalised, while explora
Published 15 Jun, 2006 12:00am
CVT on property transfer non-negotiable: Shaukat

CVT on property transfer non-negotiable: Shaukat

Prime Minister Shaukat Aziz Shaukat Aziz said on Wednesday that CVT on property transfer was 'non-negotiable', and tax on cheque encashment will also to stay. He disclosed that by end of this year gas pipeline with Iran would be finalised, while explorati
Published 15 Jun, 2006 12:00am
CVT on property transfer non-negotiable: Shaukat

CVT on property transfer non-negotiable: Shaukat

Prime Minister Shaukat Aziz Shaukat Aziz said on Wednesday that CVT on property transfer was 'non-negotiable', and tax on cheque encashment will also to stay. He disclosed that by end of this year gas pipeline with Iran would be finalised, while explorati
Published 15 Jun, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (June 14, 2006).

Published 15 Jun, 2006 12:00am
Exit mechanism limit revised

Exit mechanism limit revised

The Karachi Stock Exchange (KSE) has decided to revise the exit mechanism limit to five percent applied on third session from earlier limit of 20 percent to stem the free fall of the local bourse.
Published 15 Jun, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (June 14, 2006).

Published 15 Jun, 2006 12:00am
Exit mechanism limit revised

Exit mechanism limit revised

The Karachi Stock Exchange (KSE) has decided to revise the exit mechanism limit to five percent applied on third session from earlier limit of 20 percent to stem the free fall of the local bourse.
Published 15 Jun, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (June 14, 2006).

Published 15 Jun, 2006 12:00am
Exit mechanism limit revised

Exit mechanism limit revised

The Karachi Stock Exchange (KSE) has decided to revise the exit mechanism limit to five percent applied on third session from earlier limit of 20 percent to stem the free fall of the local bourse.
Published 15 Jun, 2006 12:00am