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Print - 2006-08-31
Pakistani companies invited to Iranian seafood fair

Pakistani companies invited to Iranian seafood fair

Iran has invited Pakistan fishing and seafood companies to participate in the 4th International Fisheries Aquaculture and Seafood exhibition scheduled to be held in Kesh island of Iran from October 31 to November 3, 2006.
Published 31 Aug, 2006 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Wednesday (August 30, 2006).

Published 31 Aug, 2006 12:00am
IAF to carry out biggest exercise from September 4

IAF to carry out biggest exercise from September 4

The Indian Air Force (IAF) will carry out its biggest exercise over Punjab and the Thar desert in Rajasthan from September 4 to 27. "The exercise Gagan Shakti is aimed at testing IAF's integration of new sensors and weapon systems and to validate new stra
Published 31 Aug, 2006 12:00am
IAF to carry out biggest exercise from September 4

IAF to carry out biggest exercise from September 4

The Indian Air Force (IAF) will carry out its biggest exercise over Punjab and the Thar desert in Rajasthan from September 4 to 27. "The exercise Gagan Shakti is aimed at testing IAF's integration of new sensors and weapon systems and to validate new stra
Published 31 Aug, 2006 12:00am
Ryanair agrees OnAir deal for in-flight mobiles

Ryanair agrees OnAir deal for in-flight mobiles

Budget airline Ryanair said on Wednesday it had agreed a deal with communications joint venture OnAir to fit its aircraft with technology to allow passengers to use their mobile phones on planes. Ryanair said in a statement it would install the system on
Published 31 Aug, 2006 12:00am
Two Afghans among three killed in Waziristan

Two Afghans among three killed in Waziristan

Pakistani authorities in a tribal region on Wednesday found headless bodies of two Afghan refugees with notes saying they were spying for the US-backed government in neighbouring Afghanistan and a BBC's correspondent's brother was murdered in an other inc
Published 31 Aug, 2006 12:00am
Member To Member

Member To Member

Members have subsequently reported the transactions on Wednesday (August 30, 2006).

Published 31 Aug, 2006 12:00am
Two Afghans among three killed in Waziristan

Two Afghans among three killed in Waziristan

Pakistani authorities in a tribal region on Wednesday found headless bodies of two Afghan refugees with notes saying they were spying for the US-backed government in neighbouring Afghanistan and a BBC's correspondent's brother was murdered in an other inc
Published 31 Aug, 2006 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Wednesday (August 30, 2006).

Published 31 Aug, 2006 12:00am
Merkel defends 'co-determination,' urges change

Merkel defends 'co-determination,' urges change

Chancellor Angela Merkel told unions on Wednesday that the German system that gives workers a say in corporate decision-making needed change, but defended so-called co-determination as a key part of the country's economic fabric.
Published 31 Aug, 2006 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 31 Aug, 2006 12:00am
Canada's export woes shrink current account surplus

Canada's export woes shrink current account surplus

Canada's current account surplus shrank more than expected in the second quarter, reflecting export weakness that is slowing the rate of economic growth, according to a report by Statistics Canada on Wednesday.
Published 31 Aug, 2006 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 31 Aug, 2006 12:00am
Bulls dominate on ISE

Bulls dominate on ISE

Equities continued to show healthy signs under the lead of trend-setters at the Islamabad Stock Exchange (ISE) where bulls dominated the proceedings amid increase in index. ISE Ten index showed an improvement of 26.25 points, as the Ten index moved from 2
Published 31 Aug, 2006 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 31 Aug, 2006 12:00am
Bulls dominate on ISE

Bulls dominate on ISE

Equities continued to show healthy signs under the lead of trend-setters at the Islamabad Stock Exchange (ISE) where bulls dominated the proceedings amid increase in index. ISE Ten index showed an improvement of 26.25 points, as the Ten index moved from 2
Published 31 Aug, 2006 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Wednesday (August 30, 2006).

Published 31 Aug, 2006 12:00am
Bullish trend on LSE

Bullish trend on LSE

Bullish trend prevailed on Lahore Stock Exchange (LSE) where equities appreciated their worth amid ascending transaction volume following fresh entries by the institutions on account of failure of opposition's no-confidence move against the Prime Minister
Published 31 Aug, 2006 12:00am
Bullish trend on LSE

Bullish trend on LSE

Bullish trend prevailed on Lahore Stock Exchange (LSE) where equities appreciated their worth amid ascending transaction volume following fresh entries by the institutions on account of failure of opposition's no-confidence move against the Prime Minister
Published 31 Aug, 2006 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 31 Aug, 2006 12:00am
President for more private sector participation in oil and gas

President for more private sector participation in oil and gas

President General Pervez Musharraf on Wednesday emphasised the need for greater private sector participation in the oil and gas sector, and expressed the hope that all concerned government bodies would take necessary steps for their facilitation.
Published 31 Aug, 2006 12:00am
Contravention cases against value-added units withdrawn

Contravention cases against value-added units withdrawn

On a ruling of Law and Justice Division, the Central Board of Revenue (CBR) has withdrawn the contravention cases raised against the value-added industries, who imported plant/machinery without payment of customs duty/general sales tax (GST), but failed t
Published 31 Aug, 2006 12:00am
Contravention cases against value-added units withdrawn

Contravention cases against value-added units withdrawn

On a ruling of Law and Justice Division, the Central Board of Revenue (CBR) has withdrawn the contravention cases raised against the value-added industries, who imported plant/machinery without payment of customs duty/general sales tax (GST), but failed t
Published 31 Aug, 2006 12:00am
Contravention cases against value-added units withdrawn

Contravention cases against value-added units withdrawn

On a ruling of Law and Justice Division, the Central Board of Revenue (CBR) has withdrawn the contravention cases raised against the value-added industries, who imported plant/machinery without payment of customs duty/general sales tax (GST), but failed t
Published 31 Aug, 2006 12:00am
BRIndex30 gains 219.75 points

BRIndex30 gains 219.75 points

The BRIndex30 opened with a positive jump gap of 129.42 on Wednesday, and remained in the green throughout the trading time, opening at 10,384.19 and closing at 10,474.52, with a positive change of 219.75 or percentage change of 2.14.
Published 31 Aug, 2006 12:00am
BRIndex30 gains 219.75 points

BRIndex30 gains 219.75 points

The BRIndex30 opened with a positive jump gap of 129.42 on Wednesday, and remained in the green throughout the trading time, opening at 10,384.19 and closing at 10,474.52, with a positive change of 219.75 or percentage change of 2.14.
Published 31 Aug, 2006 12:00am
KSE reassembles

KSE reassembles

The investors were happy on Wednesday after no-confidence move against Prime Minister Shaukat Aziz was rejected by NA, ensuring continuity of reforms and bringing the much-needed investment in local stock market.
Published 31 Aug, 2006 12:00am
KSE reassembles

KSE reassembles

The investors were happy on Wednesday after no-confidence move against Prime Minister Shaukat Aziz was rejected by NA, ensuring continuity of reforms and bringing the much-needed investment in local stock market.
Published 31 Aug, 2006 12:00am
KSE reassembles

KSE reassembles

The investors were happy on Wednesday after no-confidence move against Prime Minister Shaukat Aziz was rejected by NA, ensuring continuity of reforms and bringing the much-needed investment in local stock market.
Published 31 Aug, 2006 12:00am
Creation of minerals division proposed

Creation of minerals division proposed

The Ministry of Petroleum and Natural Resources has put forward a proposal to the Cabinet Division for creation of 'minerals division', instead of 'directorate of minerals' within the Ministry, to explore the full natural resources potential and attract i
Published 31 Aug, 2006 12:00am
IPPs expansion project allowed on 88 percent capacity availability

IPPs expansion project allowed on 88 percent capacity availability

The Private Power Infrastructure Board (PPIB) has agreed not to force the independent power producers (IPPs), interested in capacity expansion, to function at 90 percent annual availability, especially for plants running on furnace oil.
Published 31 Aug, 2006 12:00am
IPPs expansion project allowed on 88 percent capacity availability

IPPs expansion project allowed on 88 percent capacity availability

The Private Power Infrastructure Board (PPIB) has agreed not to force the independent power producers (IPPs), interested in capacity expansion, to function at 90 percent annual availability, especially for plants running on furnace oil.
Published 31 Aug, 2006 12:00am
IPPs expansion project allowed on 88 percent capacity availability

IPPs expansion project allowed on 88 percent capacity availability

The Private Power Infrastructure Board (PPIB) has agreed not to force the independent power producers (IPPs), interested in capacity expansion, to function at 90 percent annual availability, especially for plants running on furnace oil.
Published 31 Aug, 2006 12:00am
Pipeline laid for gas supply to DHA desalination plant

Pipeline laid for gas supply to DHA desalination plant

The ground-breaking ceremony of the 20-inch, 14km long pipeline for the supply of gas to the power generation and desalination plant located in Defence Housing Authority, Phase VIII was performed by Munawar Baseer Ahmad, Managing Director, SSGC.
Published 31 Aug, 2006 12:00am
Qualitative changes in governance stressed

Qualitative changes in governance stressed

Experts were unanimous that problems being faced by the people could be resolved through qualitative changes in the governance. These views were expressed at the launching ceremony of a report "Human Development in South Asia-2005" published by Mahbubul H
Published 31 Aug, 2006 12:00am
Wapda Sukuk exempted from tax

Wapda Sukuk exempted from tax

The Central Board of Revenue (CBR) has exempted Wapda First Sukuk Company Limited from paying income tax and minimum 0.5 percent turnover tax. The Board has amended the Second Schedule of Income Tax Ordinance 2001 through SRO 884(I)/2006, issued on Wednes
Published 31 Aug, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (August 30, 2006).

Published 31 Aug, 2006 12:00am
Wapda Sukuk exempted from tax

Wapda Sukuk exempted from tax

The Central Board of Revenue (CBR) has exempted Wapda First Sukuk Company Limited from paying income tax and minimum 0.5 percent turnover tax. The Board has amended the Second Schedule of Income Tax Ordinance 2001 through SRO 884(I)/2006, issued on Wednes
Published 31 Aug, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (August 30, 2006).

Published 31 Aug, 2006 12:00am
Wapda Sukuk exempted from tax

Wapda Sukuk exempted from tax

The Central Board of Revenue (CBR) has exempted Wapda First Sukuk Company Limited from paying income tax and minimum 0.5 percent turnover tax. The Board has amended the Second Schedule of Income Tax Ordinance 2001 through SRO 884(I)/2006, issued on Wednes
Published 31 Aug, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (August 30, 2006).

Published 31 Aug, 2006 12:00am
Wapda Sukuk exempted from tax

Wapda Sukuk exempted from tax

The Central Board of Revenue (CBR) has exempted Wapda First Sukuk Company Limited from paying income tax and minimum 0.5 percent turnover tax. The Board has amended the Second Schedule of Income Tax Ordinance 2001 through SRO 884(I)/2006, issued on Wednes
Published 31 Aug, 2006 12:00am
KSE-30 index launching from September 1

KSE-30 index launching from September 1

The Karachi Stock Exchange has announced that the KSE-30 Index based on free-float of shares with base value of 10,000 points will be formally implemented from September 1, 2006. The primary objective of the KSE-30 Index is to have a benchmark by which th
Published 31 Aug, 2006 12:00am
Pakistan Islamic Index launched

Pakistan Islamic Index launched

Dow Jones Indexes, a leading global index provider, and JS Group, Pakistan''s premier financial group, on Wednesday announced the launch of Dow Jones-JS Pakistan Islamic Index. The index measures the performance of companies in the local stock market that
Published 31 Aug, 2006 12:00am
Pakistan Islamic Index launched

Pakistan Islamic Index launched

Dow Jones Indexes, a leading global index provider, and JS Group, Pakistan's premier financial group, on Wednesday announced the launch of Dow Jones-JS Pakistan Islamic Index. The index measures the performance of companies in the local stock market that
Published 31 Aug, 2006 12:00am
KKI closing rates of currency notes

KKI closing rates of currency notes

Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Wednesday (August 30, 2006).

Published 31 Aug, 2006 12:00am
Pakistan Islamic Index launched

Pakistan Islamic Index launched

Dow Jones Indexes, a leading global index provider, and JS Group, Pakistan's premier financial group, on Wednesday announced the launch of Dow Jones-JS Pakistan Islamic Index. The index measures the performance of companies in the local stock market that
Published 31 Aug, 2006 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Wednesday (August 30, 2006).

Published 31 Aug, 2006 12:00am
CFS date extended to December 31

CFS date extended to December 31

The Securities Exchange Commission of Pakistan (SECP) has extended the date of phasing out of CFS from August 31 to December 31, 2006. The date has been extended for the third time. But rumours are rife that the SECP and KSE are studying the rules for CFS
Published 31 Aug, 2006 12:00am
CFS date extended to December 31

CFS date extended to December 31

The Securities Exchange Commission of Pakistan (SECP) has extended the date of phasing out of CFS from August 31 to December 31, 2006. The date has been extended for the third time. But rumours are rife that the SECP and KSE are studying the rules for CFS
Published 31 Aug, 2006 12:00am
CFS date extended to December 31

CFS date extended to December 31

The Securities Exchange Commission of Pakistan (SECP) has extended the date of phasing out of CFS from August 31 to December 31, 2006. The date has been extended for the third time. But rumours are rife that the SECP and KSE are studying the rules for CFS
Published 31 Aug, 2006 12:00am
CSIBL directors and CEO suspended: Badruddin named administrator

CSIBL directors and CEO suspended: Badruddin named administrator

The entire Board of Directors of Crescent Standard Investment Bank Limited (CSIBL) has been suspended, and its Chief Executive Officer (CEO), Anjum Saleem, has been restrained from officiating as CEO of the Bank, with immediate effect, by the Securities a
Published 31 Aug, 2006 12:00am
CSIBL directors and CEO suspended: Badruddin named administrator

CSIBL directors and CEO suspended: Badruddin named administrator

The entire Board of Directors of Crescent Standard Investment Bank Limited (CSIBL) has been suspended, and its Chief Executive Officer (CEO), Anjum Saleem, has been restrained from officiating as CEO of the Bank, with immediate effect, by the Securities a
Published 31 Aug, 2006 12:00am
CSIBL directors and CEO suspended: Badruddin named administrator

CSIBL directors and CEO suspended: Badruddin named administrator

The entire Board of Directors of Crescent Standard Investment Bank Limited (CSIBL) has been suspended, and its Chief Executive Officer (CEO), Anjum Saleem, has been restrained from officiating as CEO of the Bank, with immediate effect, by the Securities a
Published 31 Aug, 2006 12:00am
CSIBL directors and CEO suspended: Badruddin named administrator

CSIBL directors and CEO suspended: Badruddin named administrator

The entire Board of Directors of Crescent Standard Investment Bank Limited (CSIBL) has been suspended, and its Chief Executive Officer (CEO), Anjum Saleem, has been restrained from officiating as CEO of the Bank, with immediate effect, by the Securities a
Published 31 Aug, 2006 12:00am
LNG-specific energy plan approved

LNG-specific energy plan approved

President Pervez Musharraf on Wednesday approved an alternative energy plan with main focus on import of LNG and setting up of its countrywide network to provide a cheaper source of fuel to industrial and domestic sectors. He also okayed a proposal of the
Published 31 Aug, 2006 12:00am
LNG-specific energy plan approved

LNG-specific energy plan approved

President Pervez Musharraf on Wednesday approved an alternative energy plan with main focus on import of LNG and setting up of its countrywide network to provide a cheaper source of fuel to industrial and domestic sectors. He also okayed a proposal of the
Published 31 Aug, 2006 12:00am
LNG-specific energy plan approved

LNG-specific energy plan approved

President Pervez Musharraf on Wednesday approved an alternative energy plan with main focus on import of LNG and setting up of its countrywide network to provide a cheaper source of fuel to industrial and domestic sectors. He also okayed a proposal of the
Published 31 Aug, 2006 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (August 30, 2006).

Published 31 Aug, 2006 12:00am
Protestors block RCD Highway: Railway line blown up

Protestors block RCD Highway: Railway line blown up

Angry mobs protesting the killing of Nawab Akbar Bugti cut off a key highway on Wednesday as the number of arrests in four days rose to nearly 700, police said. Balochistan police Chief Chaudhry Yaqub said demonstrators had blocked the RCD Highway connect
Published 31 Aug, 2006 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (August 30, 2006).
Published 31 Aug, 2006 12:00am
Protestors block RCD Highway: Railway line blown up

Protestors block RCD Highway: Railway line blown up

Angry mobs protesting the killing of Nawab Akbar Bugti cut off a key highway on Wednesday as the number of arrests in four days rose to nearly 700, police said. Balochistan police Chief Chaudhry Yaqub said demonstrators had blocked the RCD Highway connect
Published 31 Aug, 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 (August 30, 2006).

Published 31 Aug, 2006 12:00am