News Archives for Print - 2006-09-08

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Thursday (September 07, 2006).

Published 08 Sep, 2006 12:00am

Pakistan not involved in Afghan insurgency: Musharraf

President General Pervez Musharraf on Thursday called for an end to blame game between Pakistan and Afghanistan, saying the two countries must work to remove their weaknesses and consolidate on their strength to defeat terrorism and ensure peace in the re

Published 08 Sep, 2006 12:00am

London Interbank Offered Rates

London Interbank Offered Rates (LIBOR) on Thursday (September 07, 2006).

Published 08 Sep, 2006 12:00am

Six powers agree Iran did not meet UN demands

Iran has failed to meet a UN Security Council demand that it suspend uranium enrichment, six world powers agreed on Thursday, but there was growing opposition to US calls for sanctions.

Published 08 Sep, 2006 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (September 07, 2006).

Published 08 Sep, 2006 12:00am

Six powers agree Iran did not meet UN demands

Iran has failed to meet a UN Security Council demand that it suspend uranium enrichment, six world powers agreed on Thursday, but there was growing opposition to US calls for sanctions.

Published 08 Sep, 2006 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (September 07, 2006).

Published 08 Sep, 2006 12:00am

Al-Jazeera airs video of al Qaeda preparing 9/11 attacks

The Arab television channel Al-Jazeera broadcast Thursday video footage it said showed Osama bin Laden and al Qaeda suicide candidates preparing the September 11, 2001 attacks against the United States.

Published 08 Sep, 2006 12:00am

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 Thursday (September 07, 2006).

Published 08 Sep, 2006 12:00am

Al-Jazeera airs video of al Qaeda preparing 9/11 attacks

The Arab television channel Al-Jazeera broadcast Thursday video footage it said showed Osama bin Laden and al Qaeda suicide candidates preparing the September 11, 2001 attacks against the United States.

Published 08 Sep, 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 Thursday (September 07, 2006).

Published 08 Sep, 2006 12:00am

Dr Khan shifted to Agha Khan hospital

Commenting on a news item published in a section of the press on September 7 that Dr A.Q. Khan's shifting to Karachi for treatment has been postponed on the ground that Agha Khan hospital has declined to perform the operation based on tests carried out in

Published 08 Sep, 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 Thursday (September 07, 2006).

Published 08 Sep, 2006 12:00am

Dr Khan shifted to Agha Khan hospital

Commenting on a news item published in a section of the press on September 7 that Dr A.Q. Khan's shifting to Karachi for treatment has been postponed on the ground that Agha Khan hospital has declined to perform the operation based on tests carried out in

Published 08 Sep, 2006 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Thursday (September 07, 2006).

Published 08 Sep, 2006 12:00am

CCTV cameras to monitor cigarette production: CBR step to check excise duty evasion

The Central Board of Revenue (CBR) is making necessary arrangements for installing close circuit television (CCTV) cameras outside the cigarette factories across the country to effectively monitor their actual production for the calculation of excise duty

Published 08 Sep, 2006 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Thursday (September 07, 2006).

Published 08 Sep, 2006 12:00am

CCTV cameras to monitor cigarette production: CBR step to check excise duty evasion

The Central Board of Revenue (CBR) is making necessary arrangements for installing close circuit television (CCTV) cameras outside the cigarette factories across the country to effectively monitor their actual production for the calculation of excise duty

Published 08 Sep, 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 Thursday (September 07, 2006).

Published 08 Sep, 2006 12:00am

CCTV cameras to monitor cigarette production: CBR step to check excise duty evasion

The Central Board of Revenue (CBR) is making necessary arrangements for installing close circuit television (CCTV) cameras outside the cigarette factories across the country to effectively monitor their actual production for the calculation of excise duty

Published 08 Sep, 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 Thursday (September 07, 2006).

Published 08 Sep, 2006 12:00am

44 killed in Iraq violence

At least 44 people were killed across Iraq on Thursday, mostly in Baghdad, amid a wave of bombings and shootings ahead of a ceremony to mark Iraq taking military command of its forces. The US military also announced the deaths of three of its servicemen o

Published 08 Sep, 2006 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Thursday (September 07, 2006).

Published 08 Sep, 2006 12:00am

Israel ends Lebanon air embargo, keeps sea curbs

Israel on Thursday lifted an air blockade of Lebanon imposed when it went to war with Hizbollah guerrillas eight weeks ago and a Lebanese airliner landed at Beirut's patched-up airport to mark the moment. But Israel said a naval blockade would continue un

Published 08 Sep, 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 08 Sep, 2006 12:00am

Israel ends Lebanon air embargo, keeps sea curbs

Israel on Thursday lifted an air blockade of Lebanon imposed when it went to war with Hizbollah guerrillas eight weeks ago and a Lebanese airliner landed at Beirut's patched-up airport to mark the moment. But Israel said a naval blockade would continue un

Published 08 Sep, 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 08 Sep, 2006 12:00am

Nuclear materials: Islamabad never involved in illicit trafficking

The International Atomic Energy Agency (IAEA), appreciating Pakistan's efforts and measures to secure its nuclear materials, declared that there is not a single incident of illicit trafficking of nuclear materials by Pakistan.

Published 08 Sep, 2006 12:00am

Karachi interbank rates

Karachi interbank rates on Thursday (September 07, 2006).

Published 08 Sep, 2006 12:00am

Nuclear materials: Islamabad never involved in illicit trafficking

The International Atomic Energy Agency (IAEA), appreciating Pakistan's efforts and measures to secure its nuclear materials, declared that there is not a single incident of illicit trafficking of nuclear materials by Pakistan.

Published 08 Sep, 2006 12:00am

Aaj TV - Friday's schedule

All timings are in PST (Pakistan Standard Time).

Published 08 Sep, 2006 12:00am

Restructuring of State Bank announced

State Bank of Pakistan (SBP) Governor Dr Shamshad Akhtar on Thursday communicated to the staff the revised organisational structure of the Bank. The re-organisation of the State Bank was finalised after comprehensive review and deliberations across the or

Published 08 Sep, 2006 12:00am

MGE wheat falls

Spring wheat futures at the Minneapolis Grain Exchange closed lower on Wednesday as the market underwent a downward adjustment from the gains posted in the week, traders said.

Published 08 Sep, 2006 12:00am

Restructuring of State Bank announced

State Bank of Pakistan (SBP) Governor Dr Shamshad Akhtar on Thursday communicated to the staff the revised organisational structure of the Bank. The re-organisation of the State Bank was finalised after comprehensive review and deliberations across the or

Published 08 Sep, 2006 12:00am

New York cocoa dips to one-week low

US benchmark cocoa futures slipped 1.8 percent on Wednesday to finish at a one-week low, pressured by speculative selling and currency-related activity, market sources said.

Published 08 Sep, 2006 12:00am

Restructuring of State Bank announced

State Bank of Pakistan (SBP) Governor Dr Shamshad Akhtar on Thursday communicated to the staff the revised organisational structure of the Bank. The re-organisation of the State Bank was finalised after comprehensive review and deliberations across the or

Published 08 Sep, 2006 12:00am

New York coffee ends little changed

Arabica coffee futures settled narrowly mixed on Wednesday after a quiet session marked by thin turnover. Still, lingering concerns about tight robusta supply and unfavourable crop conditions in top grower Brazil kept the market from falling below the pre

Published 08 Sep, 2006 12:00am

China pledges $50 billion investment

China has pledged $50 billion investment to Pakistan to develop Gwadar port on the pattern of its Shenzhen port over the next five years. The plan referred by Beijing to Islamabad indicated that Chinese investment for this mega project will come in two ph

Published 08 Sep, 2006 12:00am

Sharapova reaches semi-finals

Maria Sharapova saved her best tennis for last, sweeping a second-set tiebreak 7-0 against France's Tatiana Golovin to book her return to the US Open semi-finals on Wednesday.

Published 08 Sep, 2006 12:00am

China pledges $50 billion investment

China has pledged $50 billion investment to Pakistan to develop Gwadar port on the pattern of its Shenzhen port over the next five years. The plan referred by Beijing to Islamabad indicated that Chinese investment for this mega project will come in two ph

Published 08 Sep, 2006 12:00am

Nadal ousted by Youzhny as Federer cruises

Second seed Rafael Nadal was bundled out of the US Open on Wednesday, denying New Yorkers the chance of a third straight grand slam final between the Spaniard and Swiss maestro Roger Federer.

Published 08 Sep, 2006 12:00am

China pledges $50 billion investment

China has pledged $50 billion investment to Pakistan to develop Gwadar port on the pattern of its Shenzhen port over the next five years. The plan referred by Beijing to Islamabad indicated that Chinese investment for this mega project will come in two ph

Published 08 Sep, 2006 12:00am

Sprint star Jones cleared of positive EPO test

Triple Olympic champion Marion Jones has been cleared of potential doping charges for use of EPO after the "B" sample analysis of her test was negative, a statement issued by her attorney said Wednesday.

Published 08 Sep, 2006 12:00am

NWFP exempts electricity production from all taxes

Provincial cabinet in its meeting on Thursday decided to exempt electricity production from all type of taxes which aimed to encourage investment in the power sector and develop electricity production in the province.

Published 08 Sep, 2006 12:00am

Langer burning to have another crack at England

Justin Langer says his hunger to retrieve cricket's Ashes from England later this year is akin to a raging inferno. The doughty left-handed opening batsman, who celebrates his 36th birthday two days before the November 23 first Ashes Test in Brisbane, was

Published 08 Sep, 2006 12:00am

NWFP exempts electricity production from all taxes

Provincial cabinet in its meeting on Thursday decided to exempt electricity production from all type of taxes which aimed to encourage investment in the power sector and develop electricity production in the province.

Published 08 Sep, 2006 12:00am

India gear up for Malaysia challenge

Indian players have done commando-style training in preparation for the new season which starts with a one-day tri-series against Australia and West Indies in Malaysia on Friday.

Published 08 Sep, 2006 12:00am

NWFP exempts electricity production from all taxes

Provincial cabinet in its meeting on Thursday decided to exempt electricity production from all type of taxes which aimed to encourage investment in the power sector and develop electricity production in the province.

Published 08 Sep, 2006 12:00am

ICC confirms Inzamam's hearing on September 27 and 28

The International Cricket Council (ICC) said on Thursday that Pakistan captain Inzamam-ul-Haq's hearing in the ball-tampering controversy will be held on September 27 and 28.

Published 08 Sep, 2006 12:00am

Direct sale of mortgaged property: courts barred to grant stay against banks'' right

The Sindh High Court has imposed restrictions on courts'' powers to grant any stay against financial institutions'' right to directly sell mortgaged property of their customers upon default. While the legislature, under Section 15 of the Recoveries Ordina

Published 08 Sep, 2006 12:00am

US panel okays duties on Asian school notebooks

The US International Trade Commission gave final approval on Wednesday to import duties ranging up to nearly 260 percent on lined paper school notebooks from China, India and Indonesia.

Published 08 Sep, 2006 12:00am

Direct sale of mortgaged property: courts barred to grant stay against banks' right

The Sindh High Court has imposed restrictions on courts' powers to grant any stay against financial institutions' right to directly sell mortgaged property of their customers upon default. While the legislature, under Section 15 of the Recoveries Ordinanc

Published 08 Sep, 2006 12:00am

Vivendi to buy BMG, settles Napster claims

Vivendi's Universal Music, the world's largest seller of recorded music, is vaulting to the top spot in music publishing too after agreeing to buy BMG Music Publishing for 1.63 billion euros ($2.1 billion).

Published 08 Sep, 2006 12:00am

Direct sale of mortgaged property: courts barred to grant stay against banks' right

The Sindh High Court has imposed restrictions on courts' powers to grant any stay against financial institutions' right to directly sell mortgaged property of their customers upon default. While the legislature, under Section 15 of the Recoveries Ordinanc

Published 08 Sep, 2006 12:00am

Boeing names new air unit chief to succeed Mulally

Boeing Co on Tuesday named company veteran Scott Carson as chief executive of its commercial airplane unit, filling the hole left by Alan Mulally's unexpected appointment as chief executive of Ford Motor Co.

Published 08 Sep, 2006 12:00am

Top 500 fund manager assets up 10 percent in 2005

The assets of the world's 500 largest fund managers rose by 10 percent to $53.6 trillion in 2005 from a year before, with the industry still dominated by the biggest companies, a study showed on Wednesday.

Published 08 Sep, 2006 12:00am

Top 500 fund manager assets up 10 percent in 2005

The assets of the world's 500 largest fund managers rose by 10 percent to $53.6 trillion in 2005 from a year before, with the industry still dominated by the biggest companies, a study showed on Wednesday.

Published 08 Sep, 2006 12:00am

General Motors to announce longer warranties on vehicles

General Motors Corp is planning to offer longer warranties on its vehicles in an effort to boost consumer confidence, a person briefed on the plan told Reuters on Wednesday. GM said its Chairman and Chief Executive Rick Wagoner will announce a major consu

Published 08 Sep, 2006 12:00am

EU gives final blessing for Vietnam's WTO bid

The European Union and Vietnam said on Thursday they have reached agreement on all outstanding multilateral issues related to Vietnam's expected accession to the World Trade Organisation.

Published 08 Sep, 2006 12:00am

US pushes Apec to help on global trade talks

US Treasury Secretary Henry Paulson on Thursday pushed Pacific Rim economic partners to help save stalled world trade liberalisation talks. "I can't think of anything ... that can have a more positive impact on the global economy than trade liberalisation

Published 08 Sep, 2006 12:00am

China confident of Asean free trade deal by 2010

China is confident it will be able to conclude a free trade area pact with members of the Association of South East Asian Nations by 2010 as originally planned, a senior Chinese official said on Wednesday.

Published 08 Sep, 2006 12:00am

Dragonair to cancel Bangkok services

Hong Kong airline Dragonair, which is being taken over by flag carrier Cathay Pacific, said Thursday it will cancel its Bangkok-bound service this month as the flights have been underperforming.

Published 08 Sep, 2006 12:00am

Eurozone finance ministers seen upbeat on economy this week

Eurozone finance ministers are likely to send an upbeat message on the rebounding economy when they meet on Friday and Saturday in Helsinki, unruffled by some data indicating that growth has peaked.

Published 08 Sep, 2006 12:00am

South Korea leaves interest rates unchanged

South Korea on Thursday left its key interest rate unchanged, with officials saying the economy was recovering from a slowdown caused by strikes and bad weather in recent months.

Published 08 Sep, 2006 12:00am

Pipex signs deal with Cable & Wireless

Britain's Cable & Wireless said on Thursday it had signed a wholesale agreement with Pipex Communications Plc expected to be worth in excess of 250 million pounds ($470.8 million) over five years.

Published 08 Sep, 2006 12:00am

World Bank lends $120 million for rural Indian water

The World Bank approved a $120 million credit for improved rural water supply and sanitation in the Indian state of Uttaranchal covering 1.2 million people who either have no or only partial service, the development bank said late on Tuesday.

Published 08 Sep, 2006 12:00am

Nissan unveils Qashqai small offroader for Europe

Japan's Nissan unveiled the Qashqai small four-by-four car for Europe on Wednesday, aiming to ride a wave of demand for off-road vehicles despite high fuel costs.

Published 08 Sep, 2006 12:00am

Zimbabwe tobacco earnings down

Zimbabwe's annual tobacco sales end on Friday with foreign currency earnings down 11 percent, shattering quick recovery prospects in a country fighting a deep recession linked to a plunge in the key agriculture sector.

Published 08 Sep, 2006 12:00am

Zimbabwe tobacco earnings down

Zimbabwe's annual tobacco sales end on Friday with foreign currency earnings down 11 percent, shattering quick recovery prospects in a country fighting a deep recession linked to a plunge in the key agriculture sector.

Published 08 Sep, 2006 12:00am

Stolt-Nielsen indicted in US antitrust case

Norwegian shipping group Stolt-Nielsen SA was indicted by a US grand jury on Wednesday as authorities stepped up their criminal antitrust case against the company.

Published 08 Sep, 2006 12:00am

Bank of Canada holds interest rates steady

The Bank of Canada left interest rates unchanged on Wednesday, saying the economy remained roughly on track despite slower growth and the increased risk posed by a downturn in the US housing market.

Published 08 Sep, 2006 12:00am

ECB sticks to interest rate hike course

European Central Bank policymakers stressed on Wednesday their readiness to keep tightening monetary policy if growth or inflation dangers strengthen - an increasingly likely prospect after the European Union raised its 2006 forecasts.

Published 08 Sep, 2006 12:00am

BoE leaves rates unchanged

Britain's central bank left interest rates unchanged on Thursday but analysts say growing inflationary pressures mean higher borrowing costs are likely before the end of the year.

Published 08 Sep, 2006 12:00am

Sharp seeks partner for European LCD TV assembly

Japan's Sharp Corp said on Thursday it was looking for a partner to assemble its liquid crystal display (LCD) televisions in Europe in a bid to boost its sales in the region. Sharp, which competes with Sony Corp, Samsung Electronics Co Ltd and Philips in

Published 08 Sep, 2006 12:00am

US copper extends rally

Copper futures in New York closed near their session peaks on Wednesday, extending the prior session's 4.7 percent price spike, as technical buying boosted prices to within the May highs, sources said.

Published 08 Sep, 2006 12:00am

New York gold down on profit-taking

Gold futures in New York slid off a 3-1/2 week high to end lower on Wednesday, as profit-taking ended the prior day's dramatic precious metals rally, dealers said. Moves in energy and currencies played a partial role in gold's direction as the market cont

Published 08 Sep, 2006 12:00am

Tokyo gold hurt by weak oil

Tokyo gold futures inched down on Thursday as falls in oil prices and the cash gold price induced sales following a two percent gain the previous day, but healthy technical trends limited heavy liquidation.

Published 08 Sep, 2006 12:00am

Gold erratic after New York gains

Gold struggled to sustain gains on Thursday as dealers turned cautious after a firming dollar abruptly ended the metal's rally to above $640 the previous day. Silver hovered below its highest level in three months while palladium fell more than 2 percent,

Published 08 Sep, 2006 12:00am

Malaysian tin up

Malaysian tin closed $150 higher on Thursday, boosted by an increase in prices on the London Metals Exchange, one dealer said.

Published 08 Sep, 2006 12:00am

EU rejects bids to export free-market wheat

The European Union rejected all bids for licences to export free-market wheat with refunds at its weekly tender on Thursday, trade sources said, citing figures from French arable crops office ONIGC. Traders had placed bids for refunds ranging from 0.01 to

Published 08 Sep, 2006 12:00am

Oil bounces off five-month low

Oil prices slipped to their lowest level in five months before rebounding on Thursday as dealers took pause from a three-day decline ahead of US data expected to show healthy crude stocks and rising distillate inventories.

Published 08 Sep, 2006 12:00am

Copper futures prices edge up

Copper futures prices extended their gains on Thursday after roaring above $8,000 a tonne this week due to mounting global supply concerns. Copper for delivery in three months on the London Metal Exchange was $30 higher at $8,070 a tonne.

Published 08 Sep, 2006 12:00am

India's edible oil duty cuts

Duty cuts on some edible oils announced in August will be effective until October 31, a Finance Ministry official told Reuters on Thursday. A notification has been issued to this effect, the official said.

Published 08 Sep, 2006 12:00am

Indian wheat futures firm

Indian wheat futures were firm on Thursday on tight supplies and high prices quoted by bidders in the government's latest import tender, traders said. Soyaoil futures dipped as heavy rains over a key-growing region eased, while sugar fell on offloading of

Published 08 Sep, 2006 12:00am

New York sugar settles at week high

Raw sugar prices ended higher on Wednesday on trade and speculative buying, but the longer-term outlook for the market was clouded by a supply glut and the prospect that investors will sell because they feel prices will be heading lower, analysts said.

Published 08 Sep, 2006 12:00am

Soyabean futures slide

Soyabean futures at the Chicago Board of Trade slid late on Wednesday, with several months falling to contract lows, when technical selling surfaced late in soyabeans and soyameal, traders said.

Published 08 Sep, 2006 12:00am

South Korea feed makers

The Korea Feed Association has bought 110,000 tonnes of US corn for feed production from Cargill Inc, traders said on Thursday. The purchase, which was made during private negotiations late on Wednesday, was split into two lots of 55,000 tonnes each with

Published 08 Sep, 2006 12:00am

Tokyo rubber futures at eight-month low

The key Tokyo rubber futures contract plunged to an eight-month low on Thursday, hit by weak crude oil prices, though bargain-hunting pared losses.

Published 08 Sep, 2006 12:00am

Malaysian palm oil ends mixed

Malaysian crude palm oil futures closed mixed on Thursday as the market awaited next week's export and stocks data. The state-run Malaysian Palm Oil Board will release August stocks and production numbers on Monday. Cargo surveyors will also issue Septemb

Published 08 Sep, 2006 12:00am

Singapore bunker prices rise

Singapore bunker prices rose on Thursday as the premium to fuel oil cargo values weakened further to $2-$3 a tonne as sellers began to cut offers to spur demand.

Published 08 Sep, 2006 12:00am

Kirana items higher on Jodia Bazar

The trading in Kirana items ended higher on Jodia Bazar here on Thursday. The following changes were noted.

Published 08 Sep, 2006 12:00am

Rice prices lower on grain market

A few changes were seen on the grain market on Thursday as most of the commodities were calm due to balanced demand and supply position, dealers said.

Published 08 Sep, 2006 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 112,808 tonnes of cargo including 94,427 tonnes import, 18,381 tonnes export cargo and 2,920 containers during last 24 hours ending at 0700 hours on Thursday.

Published 08 Sep, 2006 12:00am

Ivorian cocoa not hit by toxic waste

Cocoa exporters in Ivory Coast said on Thursday pollution from toxic waste dumped around Abidjan and near its port where some shippers have warehouses was not hindering their operations or affecting bean quality.

Published 08 Sep, 2006 12:00am

Indonesian firm buys 9,000 tonnes raw sugar

Indonesian state plantation firm PT Perkebunan Nusantara X (PTPN X) bought 9,000 tonnes of raw sugar at $316 a tonne including cost, insurance and freight from trading house Wee Tiong on Thursday, the company's head of marketing said.

Published 08 Sep, 2006 12:00am

Ukraine's barley exports jump

Ukraine boosted its barley exports to 858,700 tonnes in August from 166,100 in July, analysts said on Thursday, quoting preliminary data from ports. ProAgro agriculture consultancy said Ukraine exported 557,300 tonnes to Saudi Arabia, 100,700 to Jordan, 5

Published 08 Sep, 2006 12:00am

Corn futures lower

Corn futures on the Chicago Board of Trade closed lower on Wednesday, pressured by a private crop estimate that pegged this year's US corn crop above the government's August forecast, traders said.

Published 08 Sep, 2006 12:00am

FOB Gulf corn and soya steady

US FOB Gulf corn and soyabean export premiums held steady as the market awaited the start of the Midwest harvest and fresh supplies entering the pipeline, traders said.

Published 08 Sep, 2006 12:00am

HRW wheat bids steady to weaker

Hard red winter wheat basis bids were steady to weaker on Thursday, with demand dropping off in some locations, particularly for high-protein wheat. Protein premiums paid for railcar wheat to and through Kansas City dropped off 2 cents a bushel for some h

Published 08 Sep, 2006 12:00am

CBOT wheat futures down

Fund selling and a downward correction from Tuesday's gains drove Chicago Board of Trade wheat futures to a lower close on Wednesday, traders said. CBOT wheat closed 3-1/2 to 8 cents per bushel lower, with September down 5 at $3.99 per bushel. December wa

Published 08 Sep, 2006 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 19	278.03
USD PKR Interbank Buying / Nov 19	277.83
USD to Japanese Yen / Nov 20	155.29
USD to Swiss Franc / Nov 20	0.88
Pound Sterling to USD / Nov 20	1.27
Euro to USD / Nov 20	1.06

Stock	Volume
S&P 500 / Nov 19	5,916.98
India Sensex / Nov 19	77,578.38
Nasdaq / Nov 19	18,987.47
FTSE 100 / Nov 19	8,099.02
Dow Jones / Nov 19	43,268.94
Germany DAX 30 / Nov 19	19,060.31
France CAC40 / Nov 19	7,229.64
Tokyo Nikkei / Nov 20	38,283.04

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 19	18,085
Gold 10 Grams PKR / Nov 19	234,482
Petrol/Litre / Nov 20	248.38
Crude Oil USD/Barrel / Nov 20	69.39
Gold Spot USD/Ounce / Nov 20	2,629.88
Diesel/Litre / Nov 20	255.14

Stock	Price
786 Invest Ltd / Nov 20 786 Investments Limited(786)	7.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 20 Al-Abbas Sugar Mills Limited(AABS)	609.11 ▼ 0.00 (0.00%)
Agro Allianz / Nov 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 20 Ali Asghar Textile Mills Limited(AATM)	59.80 ▼ 0.00 (0.00%)
Allied Bank / Nov 20 Allied Bank Limited(ABL)	115.12 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 20 Abbott Laboratories (Pakistan) Limited(ABOT)	1,070.86 ▼ 0.00 (0.00%)
Abson Ind. / Nov 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 20 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 20 786 Investments Limited(786)	7.33 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 20 Al-Abbas Sugar Mills Limited(AABS)	609.11 ▲ 0.00 (0.00%)
Agro Allianz / Nov 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 20 Ali Asghar Textile Mills Limited(AATM)	59.80 ▲ 0.00 (0.00%)
Allied Bank / Nov 20 Allied Bank Limited(ABL)	115.12 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 20 Abbott Laboratories (Pakistan) Limited(ABOT)	1,070.86 ▲ 0.00 (0.00%)
Abson Ind. / Nov 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 20 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
Hascol Petrol / Nov 20 Hascol Petroleum Limited(HASCOL)	60,058,856 ▲ 0.00
K-Electric Ltd. / Nov 20 K-Electric Limited(KEL)	44,488,839 ▲ 0.00
Cnergyico PK / Nov 20 Cnergyico PK Limited(CNERGY)	42,303,494 ▲ 0.00
Kohinoor Spining / Nov 20 Kohinoor Spinning Mills Limited(KOSM)	40,653,449 ▲ 0.00
P.T.C.L. / Nov 20 Pakistan Telecommunication Company Ltd(PTC)	40,072,992 ▲ 0.00
Pak Refinery / Nov 20 Pakistan Refinery Limited(PRL)	39,507,003 ▲ 0.00
Lotte Chemical / Nov 20 Lotte Chemical Pakistan Limited(LOTCHEM)	34,686,933 ▲ 0.00
TPL Properties / Nov 20 TPL Properties Limited(TPLP)	28,193,813 ▲ 0.00
Waves Home Appliances / Nov 20 Waves Home Appliances Limited(WAVESAPP)	23,368,439 ▲ 0.00

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