News Archives for Print - 2006-08-24

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 Wednesday (August 23, 2006).

Published 24 Aug, 2006 12:00am

Malaysian palm oil higher

Malaysian crude palm oil futures ended up on Wednesday after prices of rival US soyaoil rose, dealers said. "Yesterday, soyabean was up. I think that could be a supportive factor," a Malaysian dealer in Kuala Lumpur said. Soyaoil and palm oil compete for

Published 24 Aug, 2006 12:00am

Pakistan set on path of reforms, growth: Prime Minister

Prime Minister Shaukat Aziz on Wednesday said Pakistan is set on the path of reforms and growth with stability as macro economic improvements have enabled the country to attract foreign investment and absorb the oil shock.

Published 24 Aug, 2006 12:00am

Rubber prices steady in Asia

Asian rubber prices were steady on Wednesday, but trading was still slow as buyers expected further falls, dealers said. The benchmark January 2007 contract on the Tokyo Commodity Exchange, which sets trends for global rubber prices, was up a slight 0.1 y

Published 24 Aug, 2006 12:00am

Bush and Annan discuss Lebanon force

US President George W. Bush and UN chief Kofi Annan agreed Wednesday that they hoped to see "quick decisions" from major potential contributors to a UN force for Lebanon, the White House said. In a 14-minute telephone conversation, Annan also told Bush th

Published 24 Aug, 2006 12:00am

Indonesia's palm oil tender goes unsold

Indonesia's biggest listed plantation firm, PT Astra Agro Lester TDK, failed to sell 3,500 tonnes of palm oil in a tender on Wednesday due to low bids. Astra Agro offered 500 tonnes of high-grade super CPO at 4,260 rupiah ($0.469) per kg ex-factory Rio an

Published 24 Aug, 2006 12:00am

UK police free bomb plot suspect

British anti-terrorism police freed one suspect on Wednesday and obtained permission to continue questioning nine others in a suspected plot to blow up trans-Atlantic airliners.

Published 24 Aug, 2006 12:00am

Soyabeans end firm after range-bound trade

Soyabean futures at the Chicago Board of Trade ended firm on Tuesday on a mild technical bounce, as the market was oversold and due for correction, traders said. But prices kept within a 3-cent range in the most active November contract, consolidating aft

Published 24 Aug, 2006 12:00am

Syria to shut border

Finland's foreign minister said on Wednesday his Syrian counterpart had vowed that Damascus would close its border with Lebanon if United Nations peacekeeping troops were stationed there.

Published 24 Aug, 2006 12:00am

New York sugar lower

Benchmark raw sugar futures finished with small losses on Tuesday, but they never slipped below key support at the 8-1/2 month low hit last on Thursday as buyers and sellers mostly offset each other, traders said.

Published 24 Aug, 2006 12:00am

Annan to visit Syria and Iran shortly

UN Secretary-General Kofi Annan plans to go to Lebanon and Israel shortly and probably Syria and Iran as well to help enforce the cease-fire in Lebanon, the United Nations announced on Wednesday.

Published 24 Aug, 2006 12:00am

Indian wheat, soyaoil futures drop, sugar up

Indian wheat futures dropped for a second day in a row on Wednesday on expectation of fresh imports, while soyaoil dipped as heavy rains over key growing regions eased.

Published 24 Aug, 2006 12:00am

UN presses Israel to lift Lebanon sea, air blockade

The United Nations put fresh pressure on Israel on Wednesday to lift its sea and air blockade of Lebanon, saying it was crucial for the country to get its economy back on its feet.

Published 24 Aug, 2006 12:00am

CBOT rice closes weak

Chicago Board of Trade rice futures slid to a near two-month low on Tuesday, with the nearby falling the 50-cent trading limit on renewed concerns about export business after unapproved genetically modified rice was found in US long grain rice, traders sa

Published 24 Aug, 2006 12:00am

No-confidence motion filed against Shaukat

The opposition on Wednesday filed the much-discussed no-confidence motion with the National Assembly against Prime Minister Shaukat Aziz, alleging his involvement in a plethora of multibillion rupees corruption scandals.

Published 24 Aug, 2006 12:00am

Malaysian tin ends unchanged

Malaysian tin closed flat on Wednesday, in line with unchanged prices on the London Metals Exchange.

Published 24 Aug, 2006 12:00am

No-confidence motion filed against Shaukat

The opposition on Wednesday filed the much-discussed no-confidence motion with the National Assembly against Prime Minister Shaukat Aziz, alleging his involvement in a plethora of multibillion rupees corruption scandals.

Published 24 Aug, 2006 12:00am

Oil slips as world powers weigh Iran nuclear reply

Oil prices edged down to under $73 a barrel on Wednesday, as world powers studied Iran's offer of more talks to resolve a nuclear dispute that could lead to sanctions against the world's fourth-largest oil exporter.

Published 24 Aug, 2006 12:00am

Inflation almost same as in fiscal year 2006-end: SBP

The current fiscal year 2006-07 commenced with almost the same headline inflation as witnessed during the last month of last fiscal year 2005-06. According to State Bank's monthly publication, 'Inflation Monitor', issued on Wednesday, the consumer price i

Published 24 Aug, 2006 12:00am

Brazil eyes palm oil as prices, demand impress

Brazil is looking to boost palm oil production to take advantage of rising demand for the commodity that is seen as both a healthy alternative to hydrogenated oils and as a source for bio fuel, a top industry official said.

Published 24 Aug, 2006 12:00am

Inflation almost same as in fiscal year 2006-end: SBP

The current fiscal year 2006-07 commenced with almost the same headline inflation as witnessed during the last month of last fiscal year 2005-06. According to State Bank's monthly publication, 'Inflation Monitor', issued on Wednesday, the consumer price i

Published 24 Aug, 2006 12:00am

Gold gyrates, palladium off 2-1/2-month high

Gold jumped around in thin trade on Wednesday as it struggled to hold on to gains after the US dollar inched up against the euro and crude oil weakened slightly.

Published 24 Aug, 2006 12:00am

Inflation almost same as in fiscal year 2006-end: SBP

The current fiscal year 2006-07 commenced with almost the same headline inflation as witnessed during the last month of last fiscal year 2005-06. According to State Bank''s monthly publication, ''Inflation Monitor'', issued on Wednesday, the consumer pric

Published 24 Aug, 2006 12:00am

Tokyo gold falls

Tokyo gold futures slipped in quiet trade on Wednesday tracking the decline in dollar-based gold prices, as traders pondered their next move in the absence of fresh news but with attention focused on developments in Iran.

Published 24 Aug, 2006 12:00am

Cotton output target hard to achieve

More than expected monsoon rains, increased chances of cotton leaf curl virus (CLCV) and pest attack and damage from floods along Indus delta will make it further hard for Minfal to achieve the 13.8 million bales cotton production target this year, it is

Published 24 Aug, 2006 12:00am

New York gold closes easier

Comex gold futures settled lower on Tuesday on dealer selling furled by a rising dollar, but uncertainty over Iran's atomic ambitions and high oil prices helped stave of deeper losses in the safe-haven metal.

Published 24 Aug, 2006 12:00am

Cotton output target hard to achieve

More than expected monsoon rains, increased chances of cotton leaf curl virus (CLCV) and pest attack and damage from floods along Indus delta will make it further hard for Minfal to achieve the 13.8 million bales cotton production target this year, it is

Published 24 Aug, 2006 12:00am

Comex copper easier

Copper futures in New York ended down but managed to finish near session highs on Tuesday as the market rebounded from sell-off, while awaiting an outcome in the labour strife at Chile's Escondida mine.

Published 24 Aug, 2006 12:00am

Cotton output target hard to achieve

More than expected monsoon rains, increased chances of cotton leaf curl virus (CLCV) and pest attack and damage from floods along Indus delta will make it further hard for Minfal to achieve the 13.8 million bales cotton production target this year, it is

Published 24 Aug, 2006 12:00am

Vietnam rice prices firm

Rice prices in Vietnam, the world's second-largest exporter, rose further in the past week following shortages of exportable quality grains and an expected lower output from the key summer-autumn crop harvest, traders said.

Published 24 Aug, 2006 12:00am

ECC gives Fatima Fertiliser 90 days for financial close

The Economic Co-ordination Committee (ECC) of the Cabinet has favoured setting up of Fatima Fertiliser plant at Sadiqabad, not taking the recommendations of Industries Ministry seriously, sources told Business Recorder here on Wednesday. The compan

Published 24 Aug, 2006 12:00am

NYBOT coffee ends at three-month high

US benchmark arabica coffee futures settled at a three-month high on Tuesday, bolstered by speculative buying and spread trading due to lingering worries about tight robusta supply, traders said.

Published 24 Aug, 2006 12:00am

ECC gives Fatima Fertiliser 90 days for financial close

The Economic Co-ordination Committee (ECC) of the Cabinet has favoured setting up of Fatima Fertiliser plant at Sadiqabad, not taking the recommendations of Industries Ministry seriously, sources told Business Recorder here on Wednesday. The compan

Published 24 Aug, 2006 12:00am

New York cocoa slips to one-month low

US benchmark cocoa futures settled down 1.5 percent at a one-month low on Tuesday, pressured by speculative selling amid a rising dollar and bearish technical signals on the price charts, traders said.

Published 24 Aug, 2006 12:00am

ECC gives Fatima Fertiliser 90 days for financial close

The Economic Co-ordination Committee (ECC) of the Cabinet has favoured setting up of Fatima Fertiliser plant at Sadiqabad, not taking the recommendations of Industries Ministry seriously, sources told Business Recorder here on Wednesday. The compan

Published 24 Aug, 2006 12:00am

KCBT wheat settles sharply lower

Hard red winter wheat futures at the Kansas City Board of Trade closed sharply lower on Tuesday, with prices pressured by improved winter wheat planting conditions in the Plains, traders said.

Published 24 Aug, 2006 12:00am

Share market in grip of uncertainties

The share market here on Wednesday was in the grip of uncertainties because of opposition's move to oust Prime Minister Shaukat Aziz, which halted any upside, rather suffered volleys of corrections. The volume were once again on the lower side, at 105 mil

Published 24 Aug, 2006 12:00am

USDA to spend $13 million to monitor for potato pest

The US Agriculture Department said on Tuesday it would spend $13 million to boost surveillance efforts for a pest that can reduce potato yields by up to 80 percent. The pest was found in the United States for the first time in April. Idaho, which found th

Published 24 Aug, 2006 12:00am

Share market in grip of uncertainties

The share market here on Wednesday was in the grip of uncertainties because of opposition's move to oust Prime Minister Shaukat Aziz, which halted any upside, rather suffered volleys of corrections. The volume were once again on the lower side, at 105 mil

Published 24 Aug, 2006 12:00am

Rains, pest attacks to clip India's coffee output

Heavy rains and pest attacks are likely to dash India's hopes of a rise in coffee output this year and peg it at about last year's level of 274,000 tonnes, industry officials said on Tuesday.

Published 24 Aug, 2006 12:00am

Share market in grip of uncertainties

The share market here on Wednesday was in the grip of uncertainties because of opposition''s move to oust Prime Minister Shaukat Aziz, which halted any upside, rather suffered volleys of corrections. The volume were once again on the lower side, at 105 mi

Published 24 Aug, 2006 12:00am

Chalco first half earnings nearly double

Aluminum Corp of China Ltd, the world's second-largest alumina producer, beat expectations with a near-doubling of first-half earnings, but analysts warned alumina prices may keep falling from an April peak.

Published 24 Aug, 2006 12:00am

President's decisions against FTO orders to be referred in future cases

President Pervez Musharraf's decisions against Federal Tax Ombudsman (FTO) orders would be used by the Central Board of Revenue (CBR) to get favourable decisions on pending tax related cases at different judicial fora.

Published 24 Aug, 2006 12:00am

FOB Gulf corn export premiums dip; soya and wheat flat

US FOB Gulf corn export premiums dipped slightly on Tuesday, continuing a week-long slide due to fresh supplies entering the pipeline, traders said. Soyabeans and wheat basis offers were unchanged. Corn basis offers continue to search for a floor, althoug

Published 24 Aug, 2006 12:00am

President's decisions against FTO orders to be referred in future cases

President Pervez Musharraf's decisions against Federal Tax Ombudsman (FTO) orders would be used by the Central Board of Revenue (CBR) to get favourable decisions on pending tax related cases at different judicial fora.

Published 24 Aug, 2006 12:00am

CBOT wheat futures down

Wheat futures at the Chicago Board of Trade closed lower on Tuesday on better crop weather in the US Plains hard red winter wheat region, traders said.

Published 24 Aug, 2006 12:00am

President''s decisions against FTO orders to be referred in future cases

President Pervez Musharraf''s decisions against Federal Tax Ombudsman (FTO) orders would be used by the Central Board of Revenue (CBR) to get favourable decisions on pending tax related cases at different judicial fora.

Published 24 Aug, 2006 12:00am

HRW wheat bids steady

Hard red winter wheat basis bids were mostly steady on Wednesday, with farmer selling almost at a standstill at most places, traders said. Millers were well stocked with supplies, while commercials were finding current margins not profitable enough.

Published 24 Aug, 2006 12:00am

Indus in medium flood at Kotri

Sindh Irrigation and Power Department on Wednesday said that a breach of about 60 feet wide has occurred along Special Drain RS 435 NIP side while another breach detected along Mirpurkhas main drain near Mirpurkhas Town. The department said that the work

Published 24 Aug, 2006 12:00am

No business seen on cotton market

almost no activity was seen in the cotton market on Wednesday as mills were on the sidelines to analyse the developing situation, experts said. The official spot rate was unchanged at Rs 2450, without upcountry expenses.

Published 24 Aug, 2006 12:00am

Indus in medium flood at Kotri

Sindh Irrigation and Power Department on Wednesday said that a breach of about 60 feet wide has occurred along Special Drain RS 435 NIP side while another breach detected along Mirpurkhas main drain near Mirpurkhas Town. The department said that the work

Published 24 Aug, 2006 12:00am

Russian gold output up

Russia's gold output in the first seven months of 2006 rose 1.2 percent year-on-year to 78.35 tonnes from 77.37 tonnes, the main industry lobby said on Wednesday.

Published 24 Aug, 2006 12:00am

Indus in medium flood at Kotri

Sindh Irrigation and Power Department on Wednesday said that a breach of about 60 feet wide has occurred along Special Drain RS 435 NIP side while another breach detected along Mirpurkhas main drain near Mirpurkhas Town. The department said that the work

Published 24 Aug, 2006 12:00am

US Midwest corn and soya bids steady to firm

Spot basis bids for corn and soyabeans were steady to firm around the US Midwest early on Wednesday on demand from processors that needed supplies ahead of harvest, grain dealers said. But farmer sales were slow due to low cash prices.

Published 24 Aug, 2006 12:00am

BRIndex30 gains 28.79 points

The BRIndex30 on Wednesday opened at 10,777.34 with a positive gap of 9.23 points, and closed at 10,796.90 with a positive change of 28.79 points, or 0.27 percent. It saw intra-day high of 10,822.62 and low of 10,641.67.

Published 24 Aug, 2006 12:00am

UK wheat exports fall

UK wheat exports fell by 27 percent in the 2005/06 season (July/June), official customs data showed on Wednesday. Wheat exports for 2005-06 (July/June) were 2.28 million tonnes, down 27 percent from 3.13 million during the previous season, the data showed

Published 24 Aug, 2006 12:00am

BRIndex30 gains 28.79 points

The BRIndex30 on Wednesday opened at 10,777.34 with a positive gap of 9.23 points, and closed at 10,796.90 with a positive change of 28.79 points, or 0.27 percent. It saw intra-day high of 10,822.62 and low of 10,641.67.

Published 24 Aug, 2006 12:00am

Grain market closed

The grain and seed markets remained closed on Wednesday on account of Shab-e-Meraj, GSM release said.

Published 24 Aug, 2006 12:00am

30 projects worth Rs 130 billion approved

The Executive Committee of the National Economic Council (Ecnec) in its meeting on Wednesday, with Prime Minister Shaukat Aziz in the chair, approved 30 development projects worth Rs 130 billion including foreign exchange component (FEC) of Rs 42.08 billi

Published 24 Aug, 2006 12:00am

Corn futures lower on good weather

Corn futures on the Chicago Board of Trade closed lower on Tuesday on good crop weather in the US Midwest that was likely to add tonnage to this year's corn crop, traders said. A sharp slide in wheat futures also added pressure to the corn futures market,

Published 24 Aug, 2006 12:00am

30 projects worth Rs 130 billion approved

The Executive Committee of the National Economic Council (Ecnec) in its meeting on Wednesday, with Prime Minister Shaukat Aziz in the chair, approved 30 development projects worth Rs 130 billion including foreign exchange component (FEC) of Rs 42.08 billi

Published 24 Aug, 2006 12:00am

Kenyan tea prices mixed

Kenya tea prices were mixed at this week's auction, with some lesser quality teas fetching higher prices due to good demand, brokers said on Wednesday.

Published 24 Aug, 2006 12:00am

30 projects worth Rs 130 billion approved

The Executive Committee of the National Economic Council (Ecnec) in its meeting on Wednesday, with Prime Minister Shaukat Aziz in the chair, approved 30 development projects worth Rs 130 billion including foreign exchange component (FEC) of Rs 42.08 billi

Published 24 Aug, 2006 12:00am

Bangladesh tea prices rise

The average price of Bangladesh teas rose 5.55 percent to 121.98 taka ($1.75) per kg on higher demand at a weekly auction on Tuesday, brokers said.

Published 24 Aug, 2006 12:00am

Javedan Cement sale agreement inked

The Privatisation Commission on Wednesday signed a share purchase agreement (SPA) with Haji Ghani Usman & Group for transfer of Javedan Cement Limited (JCL) management after one year of bidding.

Published 24 Aug, 2006 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 72,331 tonnes of cargo including 57,143 tonnes import, 15,188 tonnes export cargo and 4,409 containers during last 24 hours ending at 0700 hours on Wednesday.

Published 24 Aug, 2006 12:00am

Javedan Cement sale agreement inked

The Privatisation Commission on Wednesday signed a share purchase agreement (SPA) with Haji Ghani Usman & Group for transfer of Javedan Cement Limited (JCL) management after one year of bidding.

Published 24 Aug, 2006 12:00am

Brazilian cocoa arrivals fall

Brazilian 2006-07 (May-April) cocoa arrivals from Bahia and other states totalled 1.69 million 60-kg bags by August 20, down 5 percent from 1.78 million bags a year ago, Bahia Commercial Association said Wednesday. Bahia state, Brazil's main cocoa produce

Published 24 Aug, 2006 12:00am

Javedan Cement sale agreement inked

The Privatisation Commission on Wednesday signed a share purchase agreement (SPA) with Haji Ghani Usman & Group for transfer of Javedan Cement Limited (JCL) management after one year of bidding.

Published 24 Aug, 2006 12:00am

Aaj TV - Thursday's schedule

All timings are in PST (Pakistan Standard Time).

Published 24 Aug, 2006 12:00am

Supreme Court hearing against JCL sell-off on August 28

The Supreme Court of Pakistan has fixed the hearing of Javedan Cement Limited privatisation case on August 28, and the notice, issued with application and book of appeal memo with all annexures, was handed over to the legal consultant of Privatisation Com

Published 24 Aug, 2006 12:00am

Karachi interbank rates

Karachi interbank rates on Wednesday (August 23, 2006).

Published 24 Aug, 2006 12:00am

Supreme Court hearing against JCL sell-off on August 28

The Supreme Court of Pakistan has fixed the hearing of Javedan Cement Limited privatisation case on August 28, and the notice, issued with application and book of appeal memo with all annexures, was handed over to the legal consultant of Privatisation Com

Published 24 Aug, 2006 12:00am

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d

Published 24 Aug, 2006 12:00am

Supreme Court hearing against JCL sell-off on August 28

The Supreme Court of Pakistan has fixed the hearing of Javedan Cement Limited privatisation case on August 28, and the notice, issued with application and book of appeal memo with all annexures, was handed over to the legal consultant of Privatisation Com

Published 24 Aug, 2006 12:00am

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm

Published 24 Aug, 2006 12:00am

Pakistan to play one-dayers: hearing delayed

Pakistan tour manager Zaheer Abbas confirmed on Wednesday the team's upcoming one-day series against England would go ahead after a disciplinary hearing involving captain Inzamam-ul-Haq was postponed.

Published 24 Aug, 2006 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (August 23, 2006).

Published 24 Aug, 2006 12:00am

Pakistan to play one-dayers: hearing delayed

Pakistan tour manager Zaheer Abbas confirmed on Wednesday the team's upcoming one-day series against England would go ahead after a disciplinary hearing involving captain Inzamam-ul-Haq was postponed.

Published 24 Aug, 2006 12:00am

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Wednesday (August 23, 2006).

Published 24 Aug, 2006 12:00am

Bush commends Islamabad's role in fight against terror

US President George W. Bush called President Pervez Musharraf on Wednesday and expressed appreciation for Pakistan's role in fighting terrorism in the context of the terror plot in Britain, the foreign ministry said.

Published 24 Aug, 2006 12:00am

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Wednesday (August 23, 2006).

Published 24 Aug, 2006 12:00am

Bush commends Islamabad's role in fight against terror

US President George W. Bush called President Pervez Musharraf on Wednesday and expressed appreciation for Pakistan's role in fighting terrorism in the context of the terror plot in Britain, the foreign ministry said.

Published 24 Aug, 2006 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Wednesday (August 23, 2006).

Published 24 Aug, 2006 12:00am

Equities register gains on LSE

Contrary to the investors' expectations in the wake of tabling no-confidence motion against the prime minister, equities marginally recovered a day earlier losses and closed in the green zone on Lahore Stock Exchange (LSE).

Published 24 Aug, 2006 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Wednesday (August 23, 2006).

Published 24 Aug, 2006 12:00am

Equities register gains on LSE

Contrary to the investors' expectations in the wake of tabling no-confidence motion against the prime minister, equities marginally recovered a day earlier losses and closed in the green zone on Lahore Stock Exchange (LSE).

Published 24 Aug, 2006 12:00am

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (August 23, 2006).

Published 24 Aug, 2006 12:00am

ISE: bulls snatch floor from bears

Bulls snatched the floor from the bears at the Islamabad Stock Exchange (ISE) where fresh buying spree in trend-setters moved the entire ready-board in upward direction amid increase in index. ISE Ten index showed an improvement of 12.74 points, as the in

Published 24 Aug, 2006 12:00am

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 (August 23, 2006).

Published 24 Aug, 2006 12:00am

ISE: bulls snatch floor from bears

Bulls snatched the floor from the bears at the Islamabad Stock Exchange (ISE) where fresh buying spree in trend-setters moved the entire ready-board in upward direction amid increase in index. ISE Ten index showed an improvement of 12.74 points, as the in

Published 24 Aug, 2006 12:00am

Board meetings in progress

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

Published 24 Aug, 2006 12:00am

SKMCH concerned over Dr Qadeer's health

The management of Shaukat Khanum Memorial Cancer Hospital and Research Centre, in an emergent meeting held here on Wednesday expressed grave concern over the news that Dr Abdul Qadeer Khan has been diagnosed as cancer patient.

Published 24 Aug, 2006 12:00am

Dividend/Bonus Announcements

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

Published 24 Aug, 2006 12:00am

Arthritis, nerve damage cause body pain

Chronic pain is continuous, long-term pain, which can be caused by diseases like arthritis or by nerve damage. Pain affects millions of people world-wide and can be difficult to treat because of its long period medication and possible drug side-effects.

Published 24 Aug, 2006 12:00am

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 24 Aug, 2006 12:00am

PFMA resents cut in duty drawback rates

Pakistan Footwear Manufacturers Association (PFMA) Chairman Khawaja Muhammad Ali has strongly regretted the CBR notification on reduction of duty drawback rates and demanded its reversal.

Published 24 Aug, 2006 12:00am

Five centres with Rs 25 million being set up for special children

Five new centres are being established at a cost of Rs 25 million for the education and training of special children so that they could become self-reliant citizens of the society. This was stated by Provincial Minister for Special Education Qudsia Lodhi

Published 24 Aug, 2006 12:00am

ETPB officials told to expedite pending cases

Chairman Evacuee Trust Property Board (ETPB) Lieutenant General Zulfiqar Ali Khan (Retd) on Wednesday directed all officers to expedite on merit the disposal of all pending cases. Talking to APP here, he said that he was personally clearing all the pendin

Published 24 Aug, 2006 12:00am

Cross Transactions

Cross transactions between client to client reported on Wednesday (August 23, 2006).

Published 24 Aug, 2006 12:00am

Currency	Rate
USD PKR Interbank Selling / Feb 28	279.70
USD PKR Interbank Buying / Feb 28	279.50
USD to Japanese Yen / Feb 28	150.63
USD to Swiss Franc / Feb 28	0.90
Pound Sterling to USD / Feb 28	1.26
Euro to USD / Feb 28	1.10
UK LIBOR % / Feb 28	4.96

Stock	Volume
S&P 500 / Feb 28	5,954.50
India Sensex / Feb 28	73,198.10
Tokyo Nikkei / Feb 28	37,155.50
Nasdaq / Feb 28	18,847.28
Hang Seng / Feb 28	22,941.32
FTSE 100 / Feb 28	8,809.74
Dow Jones / Feb 28	43,840.91
Germany DAX 30 / Feb 28	22,551.43
France CAC40 / Feb 28	8,111.63

Item	Value
Crude Oil USD/Barrel / Feb 28	69.76
Karachi Cotton PKR/37.32 KG / Feb 28	17,785
Gold 10 Grams PKR / Feb 28	257,639
Gold Spot USD/Ounce / Feb 28	2,857.83
Cotton US¢/pound / Feb 28	65.25
Petrol/Litre / Mar 2	255.63
Diesel/Litre / Mar 2	258.64

Stock	Price
Beco Steel Ltd / Feb 28 Beco Steel Limited(BECO)	9.60 ▲ 1 (11.63%)
Merit Packaging / Feb 28 Merit Packaging Limited(MERIT)	10.59 ▲ 1 (10.43%)
Internationl Packaging Films / Feb 28 Internationl Packaging Films Limited(IPAK)	22.28 ▲ 2.03 (10.02%)
The Thal Ind.Corp. / Feb 28 The Thal Industries Corporation Limited(TICL)	424.64 ▲ 38.6 (10%)
S.S.Oil / Feb 28 S.S.Oil Mills Limited(SSOM)	88.33 ▲ 8.03 (10%)
Sanghar Sugar / Feb 28 Sanghar Sugar Mills Limited(SANSM)	49.60 ▲ 4.51 (10%)
Khyber Tobacco / Feb 28 Khyber Tobacco Company Limited(KHTC)	302.01 ▲ 27.46 (10%)
Fateh Sports / Feb 28 Fateh Sports Wear Limited(FSWL)	85.72 ▲ 7.79 (10%)
AGP Limited / Feb 28 AGP Limited(AGP)	189.72 ▲ 17.25 (10%)
Power Cem(Pref) / Feb 28 Power Cement (Pref)(POWERPS)	14.11 ▲ 1.28 (9.98%)

Stock	Price
First Elite Cap.Mod / Feb 28 First Elite Capital Modaraba(FECM)	7.40 ▼ -0.97 (-11.59%)
Kohinoor Energy / Feb 28 Kohinoor Energy Limited(KOHE)	22.59 ▼ -2.51 (-10%)
Dadex Eternit / Feb 28 Dadex Eternit Limited(DADX)	73.05 ▼ -8.12 (-10%)
EMCO Industries / Feb 28 Emco Industries Limited(EMCO)	25.66 ▼ -2.85 (-10%)
Pak Datacom / Feb 28 Pak Datacom Limited(PAKD)	94.84 ▼ -10.53 (-9.99%)
At-Tahur Ltd. / Feb 28 At-Tahur Limited(PREMA)	29.56 ▼ -3.28 (-9.99%)
Trust Sec.& Brok. / Feb 28 Trust Securities & Brokerage Limited(TSBL)	11.58 ▼ -1.27 (-9.88%)
Data Agro / Feb 28 Data Agro Limited(DAAG)	88 ▼ -9.64 (-9.87%)
S.G.Power / Feb 28 S.G. Power Limited(SGPL)	9.12 ▼ -0.98 (-9.7%)
Dewan Textile / Feb 28 Dewan Textile Mills Limited(DWTM)	7.70 ▼ -0.76 (-8.98%)

Stock	Volume
Cnergyico PK / Feb 28 Cnergyico PK Limited(CNERGY)	71,837,021 ▼ -0.21
Pak Int.Bulk / Feb 28 Pakistan International Bulk Terminal(PIBTL)	51,942,475 ▲ 0.64
WorldCall Telecom / Feb 28 Worldcall Telecom Limited(WTL)	42,417,350 ▼ -0.04
National Bank / Feb 28 National Bank of Pakistan(NBP)	27,430,703 ▲ 3.96
GhaniGlobalGlass / Feb 28 Ghani Global Glass Limited(GGGL)	21,659,838 ▼ -0.15
At-Tahur Ltd. / Feb 28 At-Tahur Limited(PREMA)	17,624,004 ▼ -3.28
Maple Leaf Cement / Feb 28 Maple Leaf Cement Factory Limited(MLCF)	16,353,261 ▲ 2.21
Sui North Gas / Feb 28 Sui Northern Gas Pipelines Limited(SNGP)	15,824,842 ▲ 1.11
Sui South Gas / Feb 28 Sui Southern Gas Company Limited(SSGC)	14,522,331 ▼ -0.7
B.O.Punjab / Feb 28 The Bank of Punjab(BOP)	13,562,631 ▼ -0.09

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