News Archives for Print - 2006-06-17

Print - 2006-06-17

Russian GDP grows

Russia's gross domestic product (GDP) grew 5.5 percent in the first quarter of 2006 compared with 5.0 percent in the first quarter of 2005, statistics agency Rosstat said on Friday.

Published 17 Jun, 2006 12:00am

Eurozone industrial output falls

Eurozone industrial output fell unexpectedly in April against March in what economists said was a sign that economic recovery remained fragile and the European Central Bank should not accelerate its rate rises.

Published 17 Jun, 2006 12:00am

Asia needs open regionalism: US Treasury

Asia should seek outward-oriented economic co-operation, rather than creating a fortress region that excludes the United States or Europe, a senior US Treasury Department official said on Friday.

Published 17 Jun, 2006 12:00am

Gates to reduce role in 2008

Microsoft Corp founder Bill Gates said on Thursday that over the next two years he will ease out of a day-to-day role at the company he built into the world's biggest software maker.

Published 17 Jun, 2006 12:00am

SEC won't take stand on exchange mergers

The US Securities and Exchange Commission on Friday said that it is "not taking a position on any particular mergers" contemplated between US and overseas stock exchanges.

Published 17 Jun, 2006 12:00am

Google launches new government search site

Navigating government bureaucracy is not easy, but it may become faster with Google Inc's new search site for US federal, state and local government. Google US Government Search, http://usgov.google.com, was launched on Thursday by the search leader.

Published 17 Jun, 2006 12:00am

WTO farm deal may take weeks: top US official

A top US trade official on Friday played down the idea a WTO ministerial meeting at the end of June was the deadline for a deal on global farm trade, saying only that a pact must come in the "next several weeks".

Published 17 Jun, 2006 12:00am

Taiwan stocks leap 2.32 percent

Taiwan stocks leaped 2.32 percent on Friday, led by gains in tech exporters such as TSMC and following a Wall Street rally. The main TAIEX share index soared 149.38 points to close at 6,575.77, changing course from Thursday's 0.66 percent drop and reclaim

Published 17 Jun, 2006 12:00am

Malaysian shares slightly changed

Malaysian share prices closed 0.79 percent higher on Friday in line with regional markets following a strong rally on Wall Street overnight, dealers said. The Kuala Lumpur Composite Index gained 7.02 points at 893.50 and volume was at 425.8 million shares

Published 17 Jun, 2006 12:00am

Hong Kong shares rally

Hong Kong stocks rallied 2.64 percent on Friday in their biggest single-day percentage rise in two years as investors bought beaten-down shares across the board amid easing rate concerns and strong global equities markets.

Published 17 Jun, 2006 12:00am

US stocks up after Bernanke comments

US stocks rallied on Thursday, as investors were relieved after Federal Reserve Chairman Ben Bernanke steered clear of fuelling inflation concerns, and strong earnings from investment bank Bear Stearns Cos boosted financial shares.

Published 17 Jun, 2006 12:00am

Indian shares end firmer

Indian share prices rose 3.56 percent on Friday, crossing the key 10,000 level intraday on overseas and local funds buying led by firm Asian markets as concerns of a US economic slowdown eased, dealers said.

Published 17 Jun, 2006 12:00am

US Treasury prices sag

US Treasury debt prices retreated on Thursday as investors cashed in safe-haven government debt to join a two-day stock rally. After a sell-off provoked by stronger-than-expected increase in wholesale and consumer prices in May, bonds slipped again on Thu

Published 17 Jun, 2006 12:00am

US Treasury prices sag

Published 17 Jun, 2006 12:00am

Jakarta shares climb

Indonesian share prices leapt 5.47 percent on Friday on a technical rebound spurred by overnight gains on Wall Street and strong performances across the regional boards, dealers said. The Jakarta Stock Exchange composite index closed up 67.875 points at 1

Published 17 Jun, 2006 12:00am

Singapore stocks surge

Singapore share prices rose 3.1 percent on Friday on bargain hunting as investors' confidence improved after Wall Street's rebound overnight, dealers said.

Published 17 Jun, 2006 12:00am

Thai share prices soar

Thai share prices closed 2.63 percent higher on Friday as investors took heart from US Federal Reserve Chairman Ben Bernanke's reassuring comments on the US economy, dealers said. They said buying spread across the board in line with a sharp rally on Wall

Published 17 Jun, 2006 12:00am

Nikkei jumps, books first weekly gain in six weeks

The Nikkei average rose 2.82 percent on Friday and booked its first weekly gain in six weeks, as a sharp rebound on Wall Street and easing concerns about a rise in US interest rates spurred buying in Canon Inc and other recently battered stocks.

Published 17 Jun, 2006 12:00am

Philippines shares make gains

Philippines share prices closed 1.91 percent higher on Friday as investors chased bargains for a second straight day, inspired by Wall Street's rally and the government's improved fiscal outlook, dealers said.

Published 17 Jun, 2006 12:00am

Yuan dips after hitting new high

The yuan hit a post-revaluation high against the dollar on Friday, but in a pattern similar to Thursday's trade, closed lower after pulling back in the last few minutes of trade. The yuan traded as high as 7.9970 to the dollar on Friday morning.

Published 17 Jun, 2006 12:00am

Dollar inches down on renewed demand for risk

The dollar dipped on Friday from seven-week highs struck against the euro and the yen this week as a rebound in global stock and commodity prices lured funds away from the US currency.

Published 17 Jun, 2006 12:00am

Dollar edges lower as US asset flows weigh

The US dollar weakened against the euro on Thursday, after a report showed April capital flows into the country dropped sharply, and were not enough to cover the US trade deficit. However, against a basket of major currencies, the dollar remained within s

Published 17 Jun, 2006 12:00am

Hong Kong interbank rates fall

Hong Kong interbank rates fell further on Friday as recent stock market losses saw companies and investors leave funds in the money market, and the Hong Kong dollar weakened slightly. The currency allowed to move between 7.75 and 7.85 to the US dollar, wa

Published 17 Jun, 2006 12:00am

Asian currencies higher as stocks

Asian currencies rose on Friday, bouncing back from this week's multi-month lows thanks to a broad rebound in equities, upbeat US economic data and a rise in the yuan to a post-revaluation high against the dollar.

Published 17 Jun, 2006 12:00am

Federer closes in on Borg record

Roger Federer saved a match point before overcoming Belgian Olivier Rochus 6-7 (2/7), 7-6 (11/9), 7-6 (7/2) in the Halle quarter-finals on Friday to move two matches away from equalling Bjorn Borg's all-time winning grasscourt record.

Published 17 Jun, 2006 12:00am

Sharapova keeps treble bid on track

Maria Sharapova swept China's Li Na aside in straight sets on Thursday to keep her bid for a third straight victory at the DFS Classic firmly on track. The Russian star cruised into the quarter-finals with a 6-2, 6-4 win and will now face 12th seed Mara S

Published 17 Jun, 2006 12:00am

Henman escapes Tursunov grip

Briton Tim Henman finally escaped the grip of Dmitry Tursunov, ending his career-long curse at the hands of the Russian 6-3, 7-6 (7/1) to reach the semi-finals at Queen's club Friday.

Published 17 Jun, 2006 12:00am

Lara Dravid and Murali to star in Pakistan quake relief match

Brian Lara, Rahul Dravid and Muttiah Muralitharan are among the big names that have committed to playing for an International XI in a fund-raiser for victims of the Pakistan earthquake, organisers said on Friday.

Published 17 Jun, 2006 12:00am

Montgomerie seizes solo lead at US Open golf

Colin Montgomerie's one-under 69 gave him the US Open first-round lead on Thursday as a wind-blown Winged Foot humbled a host of top players, including Tiger Woods. Superstar Woods and Masters champion Phil Mickelson were scripted to duel for the second m

Published 17 Jun, 2006 12:00am

Six of the best from Argentina against Serbia-Montenegro

Argentina underlined their World Cup threat on Friday with a 6-0 drubbing of Serbia-Montenegro, propelling them to near certain qualification from the "Group of Death".

Published 17 Jun, 2006 12:00am

Putin seeks to calm speculation over his successor

Russian President Vladimir Putin tried on Friday to calm speculation about who will succeed him in 2008, suggesting the top Kremlin job might go to an outsider rather than one of the two fancied contenders.

Published 17 Jun, 2006 12:00am

US Senate packed with senior-citizen senators

The US Senate, dubbed "the world's most exclusive club," is also one of the most elderly, with more than a third of its 100 members at or well past 65 with no plans to leave anytime soon. While most elderly Americans are retiring, senior senators still wi

Published 17 Jun, 2006 12:00am

France's far-left shapes up for election battle

With France's presidential elections less than a year away, the smaller parties that tripped up the Socialist Party challenge in 2002 by drawing off left-wing support are once again on the march.

Published 17 Jun, 2006 12:00am

Liberia's Taylor may go to The Hague within weeks

Former Liberian leader Charles Taylor could be transferred to The Hague within weeks to stand trial for war crimes, the Sierra Leonean tribunal where he is being held said on Friday.

Published 17 Jun, 2006 12:00am

Mbeki urges youths to honour legacy of Soweto

South African youths should fight the modern-day scourges of crime and corruption just as their counterparts fought apartheid in the Soweto uprising 30 years ago, President Thabo Mbeki said on Friday.

Published 17 Jun, 2006 12:00am

Split EU sets 2008 deadline for charter decision

European Union leaders on Friday put off until 2008 the hard decisions on what do with the bloc's stalled constitution, thrown out last year by French and Dutch voters.

Published 17 Jun, 2006 12:00am

South Africa marks Soweto uprising

Thousands of South Africans on Friday marked the 30th anniversary of the Soweto uprising, a bloody watershed in the anti-apartheid struggle when children protesting against the forced teaching of Afrikaans died in a brutal police crackdown.

Published 17 Jun, 2006 12:00am

EU agrees on aid scheme for Palestinians

The European Union agreed on Friday on an aid scheme for Palestinians bypassing the Hamas-led government and said it was close to winning the backing of the United States and other Middle East peace brokers.

Published 17 Jun, 2006 12:00am

Haniyeh low on Israel's hit-list

Israel is unlikely to target Palestinian Prime Minister Ismail Haniyeh despite recent threats to kill leaders of Hamas if the group resumes suicide bombings, a senior Israeli defence official said on Friday.

Published 17 Jun, 2006 12:00am

US House passes politically charged Iraq language

In a vote charged with election-year politics, the US House of Representatives on Friday passed a symbolic resolution that wrapped the Iraq conflict into the war on terrorism and rejected a deadline for US troop withdrawal.

Published 17 Jun, 2006 12:00am

US warns North Korea against missile testing

The United States on Friday warned North Korea against testing a ballistic missile, expressing concern about Pyongyang's ambitions but refusing to confirm reports of an imminent launch.

Published 17 Jun, 2006 12:00am

Hamas militants reject truce offer

Hamas militants distanced themselves on Friday from a cease-fire offer that the Palestinian government led by the Islamist group made to Israel, while other armed groups also spurned the proposal.

Published 17 Jun, 2006 12:00am

Sri Lanka bombs Tigers again, bus blast dead buried

Sri Lanka's air force bombed areas around the headquarters of Tamil Tiger rebels for a second night on Friday as victims of a suspected rebel civilian bus ambush were buried in a mass grave.

Published 17 Jun, 2006 12:00am

No plans for own government

Islamists who have taken control of Mogadishu and a wide swathe of Somalia said on Friday they had no plans to start their own government and promised to crack down on extremists in their midst.

Published 17 Jun, 2006 12:00am

Mogadishu protesters march against foreign troops

Thousands of Somalis chanting anti-Western slogans protested in Mogadishu on Friday against parliament voting to allow foreign peacekeepers in the country, a move opposed by the newly powerful Islamist militias.

Published 17 Jun, 2006 12:00am

Nepal to set up interim government with rebels

Nepal's government agreed on Friday to dissolve parliament and set up an interim administration including Maoist rebels after a day of top-level peace talks in the capital, the two sides said. Rebel chief Prachanda said the Maoists would also dissolve the

Published 17 Jun, 2006 12:00am

Cliffhanger vote over fate of world's whales

Pro-whaling nations and foes in the global Green movement were braced Friday for a Cliffhanger vote for control of the body credited with saving whales from extinction. Japan and its pro-whaling partners hoped to carve out their first majority in the Inte

Published 17 Jun, 2006 12:00am

ILO accuses Myanmar of unprecedented forced labour

The International Labour Organisation on Friday accused Myanmar of "unprecedented" use of forced labour, and gave the ruling junta until the end of July to stop prosecuting whistle-blowers and release those detained.

Published 17 Jun, 2006 12:00am

Ahmadinejad welcomes world powers' proposal

Iranian President Mahmoud Ahmadinejad on Friday welcomed a proposal by world powers to defuse a standoff over Tehran's nuclear activity as a positive step but gave no sign when an answer would come.

Published 17 Jun, 2006 12:00am

Indian rupee climbs

The Indian rupee climbed 0.3 percent on Friday, boosted by foreign fund inflows as local shares ended up for the second straight session, and it touched its highest in more than a week.

Published 17 Jun, 2006 12:00am

Sterling steadies

Sterling steadied near an earlier one-week high against the dollar and a recent 3-week high versus the euro on Friday after strong UK economic data this week heightened chances of an interest rate rise this year.

Published 17 Jun, 2006 12:00am

Dollar extends losses in London

The dollar slipped further from this week's seven-week highs against the euro and yen on Friday as a rebound in global stock and commodity prices lured investors away from the US currency.

Published 17 Jun, 2006 12:00am

Bonds: credit trading slows

Trading volumes in European credit markets were light on Friday, while credit indexes eased after Wall Street stocks opened lower on concerns China's move to curb credit could hamper corporate earnings.

Published 17 Jun, 2006 12:00am

Bonds: credit trading slows

Published 17 Jun, 2006 12:00am

Seoul shares jump

Seoul shares had their biggest gain in more than 1-1/2 years on Friday as Hyundai Motor and other exporters rallied after Fed Chairman Ben Bernanke avoided fuelling inflation concerns, calming worries over higher US interest rates.

Published 17 Jun, 2006 12:00am

US Stocks: Friday's unofficial close

US stocks slipped on Friday, pressured by declines in technology shares a day after Microsoft Corp said Chairman Bill Gates will cut back his day-to-day role at the company.

Published 17 Jun, 2006 12:00am

Chinese shares up

Chinese shares chalked up their biggest single-day percentage gain in a month on Friday, as bargain hunters snapped up blue chips after recent declines.

Published 17 Jun, 2006 12:00am

Closing stock market indices

Here is how major stock markets outside the United States ended on Friday.

Published 17 Jun, 2006 12:00am

FTSE ends lower, posts third straight week of losses

UK stocks gave up early gains to end lower on Friday, notching up a third straight week of losses as miners such as Antofagasta fell after China moved to curb rapid credit growth, raising fears of lower demand for commodities.

Published 17 Jun, 2006 12:00am

Brazilian soya farmers get aid to ease debts

The Brazilian government has offered more aid to indebted soyabean and other farmers, the agriculture ministry said. It follows farmers' rejection of a 13 percent increase to 50 billion reais ($22 billion) in 2006/07 commercial farm credits announced by t

Published 17 Jun, 2006 12:00am

Romania joins Hungary, piling up EU grain mount

Hungary's grain mountain is already the biggest in the EU, and now on top of it comes neighbour Romania, once known as the breadbasket of Central Europe. Hungary's joining the 25-nation bloc in 2004 caught Brussels unprepared for so much intervention grai

Published 17 Jun, 2006 12:00am

Oil gains as Iran supply concerns linger

Oil rose on Friday as concerns about crude supplies from Iran lingered despite comments from the Opec nation's president welcoming a proposal to defuse the standoff over Tehran's nuclear work.

Published 17 Jun, 2006 12:00am

Mid-June rains good for Ivory Coast cocoa crop

Abundant rains during the second week of June in Ivory Coast's main cocoa growing regions provided good growing conditions for the next October-March main crop, analysts and farmers said on Friday.

Published 17 Jun, 2006 12:00am

Rotterdam vegetable oil prices

Friday's Rotterdam vegetable oil prices at 1600 GMT.

Published 17 Jun, 2006 12:00am

Rotterdam vegetable oil prices

Friday's Rotterdam vegetable oil prices at 1600 GMT.

Published 17 Jun, 2006 12:00am

New York cotton futures mostly lower

Cotton futures ended mostly lower Friday on switch trade as players moved positions from the spot contract and into the back months, with future market direction to be dictated by growing conditions in the US cotton belt, brokers said.

Published 17 Jun, 2006 12:00am

London sugar rises

London white sugar futures closed stronger on speculative buying on Friday in anticipation of possible weekend physical demand, traders said. Benchmark August settled up $2.50 at $452.00 per tonne after trading in a narrow range of $454.00 to $450.00.

Published 17 Jun, 2006 12:00am

Volatile copper prices halt products trade

Recent sharp volatility in copper and zinc prices on the London Metal Exchange (LME) has nearly halted trade in copper and brass semi-finished products in Europe, the president of Europe's leading scrap recycling body said.

Published 17 Jun, 2006 12:00am

Copper ends higher

Copper closed higher on the London Metal Exchange (LME) on Friday, as confidence built after sharp early-week selling, despite moves by top commodity consumer China to slow economic growth, dealers said.

Published 17 Jun, 2006 12:00am

European gold pares gain after jumping three percent

Gold surged on Friday on bargain hunting after this week's fall to a three-month low and on oil's late rise to $70, although a firmer dollar in the US afternoon may have capped gains.

Published 17 Jun, 2006 12:00am

US MIDDAY: coffee futures slump

Arabica coffee futures finished in negative territory on Friday, with renewed speculative selling and a lack of industry buying nudging the benchmark price to its lowest since September 2005, traders said.

Published 17 Jun, 2006 12:00am

US MIDDAY: cocoa mixed

Cocoa futures settled mixed on Friday, unable to find direction after non-commercial players rolled their remaining positions from the front-month contract before its first delivery notice next week, traders said.

Published 17 Jun, 2006 12:00am

US MIDDAY: sugar steadies

Raw sugar prices settled virtually unchanged on Friday in switch trade as the market is seen taking its cue from gyrations in crude and metal markets, analysts said.

Published 17 Jun, 2006 12:00am

US MIDDAY: corn firms up

Chicago Board of Trade corn futures were higher early on Friday on a short-covering bounce before the weekend amid weather uncertainty, traders said. Also supportive were firm US cash markets as processors competed with exporters for fresh supplies amid q

Published 17 Jun, 2006 12:00am

US MIDDAY: wheat moves both ways

Wheat futures on the Chicago Board of Trade were mixed in light, choppy trade early on Friday, with prices supported by ideas the market was oversold, traders said.

Published 17 Jun, 2006 12:00am

US MIDDAY: copper higher

COMEX copper futures opened higher in moderate business early on Friday, as the market extended a rebound from Wednesday, but dealers cautioned the weak technical picture should outweigh the fundamentals short-term.

Published 17 Jun, 2006 12:00am

US MIDDAY: soyabeans rise

Soyabean futures at the Chicago Board of Trade rose early Friday as traders covered short positions on weather uncertainty ahead of the weekend, traders said.

Published 17 Jun, 2006 12:00am

US MIDDAY: gold bolts higher

Gold futures in New York advanced on Friday morning, boosted by an flat US dollar and steady oil price, as financial markets seemed to reverse course from the extreme moves early in the week.

Published 17 Jun, 2006 12:00am

Three killed

Three persons were killed when walls of a well collapsed at chak Bhadar Khara, about 17 kilometres off here on Friday. According to police, Maqsood Ahmad, Nazeer Ahmad, Muhammad Akhtar and Muhammad Saleem were repairing the walls of the well when it colla

Published 17 Jun, 2006 12:00am

Two die as roof caves in

Two labourers died while three others sustained injuries when the roof of a Textile Dying Factory caved in Ashrafabad here on last evening. According to details, four labourers and a carpenter were busy in repairing the roof of a Textile Dying Factory.

Published 17 Jun, 2006 12:00am

More grid stations to ensure smooth power supply

Five new grid stations are being added with an estimated cost of Rs one billion while six grid stations have been upgraded to strengthen the distribution system to ensure smooth power supply to the existing and proposed industrial areas.

Published 17 Jun, 2006 12:00am

Partly Facetious: new ideas on population control

"There are so many ways to curtail the population growth rate."

Published 17 Jun, 2006 12:00am

Loans for women through micro credit

Under Credit to Women Program during, July-March, 2005-06 loans of Rs 58.592 million had been disbursed by female MCOs and Rs 896.371 million through male MCOs. According to official sources, Credit to Women Program aims at making credit more accessible t

Published 17 Jun, 2006 12:00am

Pakistani troops in Congo undertake diverse tasks

Pakistan Army troops serving under UN in south Kivu province of Congo have undertaken multifarious tasks to maintain law and order in the country and to protect the local population from aggression of foreign armed groups.

Published 17 Jun, 2006 12:00am

High priority to conserve irrigation water: Minfal

Ministry of Food, Agriculture and Livestock (Minfal) announced that a high priority will be given to conserve irrigation water and promote its efficient use through lining of watercourses, precision land levelling and introduction of high efficiency irrig

Published 17 Jun, 2006 12:00am

Team to attend Pharmaceutical exposition in Vietnam

The Hochiminh City Medical and Pharmaceutical Expo will be held in Vietnam from October 11 to 15. Exporters from Pakistan, dealing in hospital facility, diagnostics and laboratory equipment and supplies, dental equipment and supplies, emergency medical eq

Published 17 Jun, 2006 12:00am

'Traders proposals to be conveyed to government'

Chief Manager State Bank of Pakistan (SBP) Multan, Akbar Ali has said that he would convey to the government the traders proposals regarding loans, and raising the withholding tax ceiling from Rs 25,000 to Rs 100,000.

Published 17 Jun, 2006 12:00am

CBR pledges to reduce duty on raw material

The CBR Chairman has assured that duties on the import of raw material for stainless steel and ceramics industries would be revised downward. Gujranwala Chamber of Commerce and Industries (GCCI), President Ikhlaq Ahmad Butt expressed these views here on F

Published 17 Jun, 2006 12:00am

Role of CCAO

At the ICMAP Council, CCAO referred to Ghulam Sarwa's letter carried by your 10th May, 2006 issues, and gentleman in the shoes of then CLA, the two government nominees, topped Council Members in the matter of expenses on local and foreign tours.

Published 17 Jun, 2006 12:00am

Shortage of power: two holidays

Despite instructions by higher authorities such as Prime Minister, Federal Minister for Water and Power to KESC, unannounced loadshedding is continuing and the citizens are facing great difficulties.

Published 17 Jun, 2006 12:00am

Energy plans

Your editorial (May 20) on the captioned subject is a real eye-opener. You have correctly pointed out that "if the official handout is anything to go by," the government appears to have given precedence to short term political gains by setting unachievabl

Published 17 Jun, 2006 12:00am

Central Asia, a region with deep Muslim roots

In Soviet days, people walked past the Khoja Ahmed Yasawi mausoleum, a holy Muslim site in the steppe of southern Kazakhstan, and pretended it wasn't there. "It was as if there was nothing but empty space. People were afraid to notice it," Beisekul Aladas

Published 17 Jun, 2006 12:00am

Budget 2006-07: No concern for the poor of Pakistan

Our budget-makers, it appears, are consciously or unconsciously, following the American model of economic development instead of the European while dealing with economic classes within the society.

Published 17 Jun, 2006 12:00am

Sino-Pak bus service

The formal launch of the first ever cross-border bus service between Pakistan and China will, certainly, come to many in both the countries like a long cherished dream come true. This should be all the more so, as it encompasses two routes - Gilgit-Kashga

Published 17 Jun, 2006 12:00am

Sindh Budget

Sindh Senior Minister Syed Sardar Ahmed presented a Rs 193 billion budget for fiscal 2006-07 on 15th July, showing a surplus of Rs 302 million, with total receipts estimated at Rs 193.4 billion. It was for the first time that the provincial government man

Published 17 Jun, 2006 12:00am

Sindh Budget

Published 17 Jun, 2006 12:00am

World HRM forum from July 26

Nutshell Forum will host World HRM Forum 2006 at a local hotel from July 26 and 27. During this two-day conference, global HR experts will give presentation and read papers on topics such as global human resource, human resource challenges, HRM in transit

Published 17 Jun, 2006 12:00am

Sowmya enters contract with Fuzon

The well known Pakistani popular music band, Fuzon and famour Indian singer, Sowmya Raoh have enter a contract for international collaboration to hold concerts throughout the world.

Published 17 Jun, 2006 12:00am

More SSGC emergency service vehicles inducted

The Sui Southern Gas Company (SSGC) has inducted a fibre body pick-ups to its existing fleet of vehicles for providing 24-hour emergency service to its customers in the franchise areas of Sindh and Balochistan. SSGC Managing Director Munawar Baseer Ahmad

Published 17 Jun, 2006 12:00am

Superbrands launches activities in Pakistan

Superbrands, the world's leading authority on branding, has launched its activities in Pakistan. Superbrands Pakistan Chief Executive Officer Imran Ahmad is very optimistic about the venture in Pakistan.

Published 17 Jun, 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 25	154.29
USD to Swiss Franc / Nov 25	0.89
Pound Sterling to USD / Nov 25	1.26
Euro to USD / Nov 25	1.05

Stock	Volume
S&P 500 / Nov 22	5,969.34
Nasdaq / Nov 22	18,003.65
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59
France CAC40 / Nov 22	7,255.01
India Sensex / Nov 25	80,331.40
Tokyo Nikkei / Nov 25	38,933.62

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Petrol/Litre / Nov 25	248.38
Crude Oil USD/Barrel / Nov 25	70.68
Gold Spot USD/Ounce / Nov 25	2,664.27
Diesel/Litre / Nov 25	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 25 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 25 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 25 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 25 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 25 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 25 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 25 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 25 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 25 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 25 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 25 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 25 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 25 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 25 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 25 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 25 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 25 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 25 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 25 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 25 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 25 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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