News Archives for Print - 2006-10-06

Print - 2006-10-06

Aaj TV - Friday's schedule

All timings are in PST (Pakistan Standard Time).

Published 06 Oct, 2006 12:00am

Shaukat increases pay-scales of teachers

Prime Minister Shaukat Aziz on Thursday announced upward revision of pay-scales of university teachers by one notch and that of school teachers by two grades from BPS 9 to 11, as an acknowledgement of their critical role in nation-building.

Published 06 Oct, 2006 12:00am

Karachi interbank rates

Karachi interbank rates on Thursday (October 05, 2006).

Published 06 Oct, 2006 12:00am

1,900 PTCL daily-wagers dismissed

As many as 1,900 employees of Pakistan Telecommunication Company Limited (PTCL) Telecom Foundation (TF) become the victim of the first largest lay-off in the PTCL after the new management took over in April, this year.

Published 06 Oct, 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 06 Oct, 2006 12:00am

1,900 PTCL daily-wagers dismissed

Published 06 Oct, 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 06 Oct, 2006 12:00am

Three cities named for Twenty20 World Cup

Johannesburg, Cape Town and Durban will be the three host cities for the inaugural ICC Twenty20 World Cup to be staged in South Africa in September 2007, Cricket South Africa announced on Thursday. "These are world class venues for what is going to be a w

Published 06 Oct, 2006 12:00am

Visual report on quake

In reference to the October 8, 2005 earthquake, Plan Pakistan is launching its visual report on one year after the earthquake, titled, "Children of the Earthquake" here on Friday.

Published 06 Oct, 2006 12:00am

Mobilink to generate donations for Roshni Homes

Mobilink, the part of Orascom Telecom, on Thursday launched a special Ramazan 'month-of-giving' commitment via an SMS campaign enabling customers to donate to Roshni Homes Trust.

Published 06 Oct, 2006 12:00am

SCCI asks BoK to implement loan issuance agreement

Sarhad Chamber of Commerce & Industry (SCCI) President, Liaquat Ahmad Khan has called for implementation of an agreement signed with the Bank of Khyber (BoK) for issuance of loans up to Rs 0.5 million to small traders and shopkeepers.

Published 06 Oct, 2006 12:00am

PEC completes review of Nespak documents

Pakistan Engineering Council (PEC) has completed the review of documents "Seismic Hazard Evaluation Studies" and "Criteria for Seismic Resistant Design of Building in Pakistan". The ministry of housing and works had assigned the tasks of reviewing the Nes

Published 06 Oct, 2006 12:00am

US grants $35,000 to preserve Gor Khuttree

Through the 'Ambassador's Fund for Cultural Preservation', the United States would provide $35,000 to the government of NWFP to help conserve and restore the historic Gor Khuttree, a magnificent part of Pakistan and Peshawar's cultural heritage.

Published 06 Oct, 2006 12:00am

LTU expects huge increase in IT revenue

Large Taxpayer Unit (LTU), Lahore has registered a tremendous increase in revenue under the head of income tax, mainly due to better results of the corporate sector.

Published 06 Oct, 2006 12:00am

Quake-hit areas: integrated plan launched to revive agriculture activities

The Azad Jammu Kashmir (AJK) government has launched a broad-based integrated plan with the assistance of the Federal Government to revive the agricultural activities in earthquake-hit areas.

Published 06 Oct, 2006 12:00am

Minister calls to regulate vehicular traffic

Federal Minister for Textile Industry Chaudhry Mushtaq Ali Cheema has stressed the need for a comprehensive plan to regulate vehicular traffic.

Published 06 Oct, 2006 12:00am

LHC grants bail to Yousaf Raza Gilani

The Division Bench of the Lahore High Court Rawalpindi bench accepted the bail plea of the ex-speaker National Assembly (NA) Yousaf Raza Gilani here on Thursday. The Division bench comprised two judges of LHC Rawalpindi bench, Justice Abdula Shakoor Pirac

Published 06 Oct, 2006 12:00am

LHC issues notices to IBC chairman

The Lahore High Court (LHC) while admitting a petition for regular hearing has issued notices to Chairman Inter Board Committee (IBC) and other respondents for October 9, in a petition filed by a student Saad Khalil Chaudhry.

Published 06 Oct, 2006 12:00am

ADB may approve $40 million loan for BRDP II

The Asian Development Bank (ADB) is likely to approve 40 million dollar concessional loan next month for 'Bahawalpur Rural Development Project phase-II' (BRDP)' aimed at augmenting income generation activities in the region.

Published 06 Oct, 2006 12:00am

Rs 107.3 million disbursed among cooperatives victims

National Accountability Bureau (NAB) has disbursed a total amount of Rs 107.3 million among 1261 co-operatives victims during a cheque distribution ceremony held at Chamba House here on Thursday. Chief Secretary Punjab Salman Siddique was the chief guest

Published 06 Oct, 2006 12:00am

Linking of Qilla Shah with Motorway approved

Punjab Chief Minister Chaudhry Pervaiz Elahi has accorded approval in principle to the linking of Qilla Sattar Shah through a road with motorway for facilitating transportation of raw material and finished products of industrial area of Sheikhupura.

Published 06 Oct, 2006 12:00am

CDA selects WorldCall

Capital Development Authority (CDA) has selected WorldCall Telecommunication Group, as its joints venture partners for the Fiber Optic Duct Project in Islamabad. This was decided after an exhaustive process with competing submission evaluated for technica

Published 06 Oct, 2006 12:00am

'Culture of good quality construction promoted

The Provincial Minister for Communication and Works, Chaudhry Zaheer-ud-Din Khan has said that the construction of 3rd and 4th floor in Planning and Development complex is in full swing and the total cost of this project is Rs 127.58 million.

Published 06 Oct, 2006 12:00am

The enigma of Thar coal

One of the enduring mysteries of our national life is that despite Pakistan being the world's fourth largest coal-containing (if not producing) country, successive governments have confined themselves only to the signing of MoUs with different multination

Published 06 Oct, 2006 12:00am

A belated decision

According to a report appearing in this paper the other day, the Ministry of Water and Power and the Ministry of Petroleum are embroiled in a fight over the issue of gas supplies to a 450-500 MW thermal power project that Wapda wants to set up in central

Published 06 Oct, 2006 12:00am

Rural poverty in developing countries: implications for public policy-II

To design policies that have a chance of effectively helping the rural poor, the focus of policy should be on four major groups:

Published 06 Oct, 2006 12:00am

One year on, Kashmir earthquake haunts survivors

When Begum Syeda recalls the horror of the devastating earthquake that shook the Himalayan region of Kashmir last October, her face turns pale and she hugs tiny Mufaid, her three-month-old son, close to her chest.

Published 06 Oct, 2006 12:00am

Former rebel is Putin's man in Chechnya

He bounded into the marble-floored office, grinning like a TV game show host primed to crack his opening joke. But the short, stocky Chechen with the closely cropped hair and trimmed beard is no joker. This is Ramzan Kadyrov, Chechnya's prime minister, th

Published 06 Oct, 2006 12:00am

Altaf Saleem and CSIBL

Neither myself nor anybody else from my immediate family had ever had any association with CSIBL. I was amazed to read about what Altaf Saleem had to say to your correspondent (Business Recorder issue of 28 September).

Published 06 Oct, 2006 12:00am

Income tax return filing date

The date for filing of returns of income has already passed without any panic or request from tax payers or pleaders. No doubt it is a good sign and the still more good, rather better side, is that the government was inclined to allow every time seeker or

Published 06 Oct, 2006 12:00am

Charles and Camilla to visit Pakistan

Britain's Prince Charles and his wife Camilla, Duchess of Cornwall, are to tour Pakistan for a week at the end of this month, aides confirmed Thursday. The couple will travel to Islamabad, as well as visit areas hit by the earthquake which struck this tim

Published 06 Oct, 2006 12:00am

Musharraf hailed for projecting Pakistan's vision

National Assembly Speaker Chaudhry Amir Hussain has said that President Pervez Musharraf has successfully projected the vision of Pakistan on various sensitive issues on different fora during his four-nation visit. The impact of the visit was very positiv

Published 06 Oct, 2006 12:00am

Authorities asked to vacate government houses from illegal occupation

The Senate Standing Committee on Housing on Thursday directed the authorities to vacate the government houses in Islamabad from the illegal occupation of non-entitled police officials.

Published 06 Oct, 2006 12:00am

Government urged to ensure fertiliser supply

Punjab Kisan Board President Khurshid Ahmed Khan Kanjoo said here on Thursday the government had failed to provide fertiliser to farmers at the subsidised rates owing to which they were facing a lot of problems.

Published 06 Oct, 2006 12:00am

Skill uplift centres planned with help of industrialists

Skill development centres will be established throughout Faisalabad district with the assistance of industrialists, so that local industries could be provided skilled workforce.

Published 06 Oct, 2006 12:00am

US MIDDAY: gold and silver rebound

Precious metals rebounded in New York early Thursday, with short covering and a recovery in crude oil futures lifting gold from four-month lows as traders bet on its inflation-hedge connection to energy prices.

Published 06 Oct, 2006 12:00am

US MIDDAY: soyabeans soar

Soyabean futures at the Chicago Board of Trade soared to a two-month high early on Thursday in a short-covering rally, spurred early by an impressive weekly export figure, traders said. November soyabeans climbed nearly 12 cents and gained on corn - a bre

Published 06 Oct, 2006 12:00am

US MIDDAY: copper higher

Copper futures in New York bounced nearly 3 percent higher in early business on Thursday, as fund money returned to the market following this week's collapse in prices, sources said.

Published 06 Oct, 2006 12:00am

US MIDDAY: corn weakens

Corn futures at the Chicago Board of Trade were weak early on Thursday on a profit-taking setback from fund buying that boosted the market to fresh 2-year highs on Wednesday, traders said.

Published 06 Oct, 2006 12:00am

US MIDDAY: wheat jumps

Wheat futures on the Chicago Board of Trade climbed again to contract and 10-year highs by midmorning on Thursday on follow-through technical buying the day after a limit-up rally, traders said.

Published 06 Oct, 2006 12:00am

US MIDDAY: sugar mixed

Raw sugar prices finished mixed Thursday with speculative sales offset by trade buying in a market that is trying to make up its mind which way to go in the days ahead, brokers said. The New York Board of Trade's March raw sugar contract slipped 0.02 cent

Published 06 Oct, 2006 12:00am

US MIDDAY: cocoa ends up

US cocoa futures ended up more than 2 percent after touching a one-week high on Thursday, but dealers foresaw erratic trades without major disruptions to Ivory Coast's harvest.

Published 06 Oct, 2006 12:00am

Gold moves up in London

Gold drifted higher to trade above the previous day's 15-week low and platinum gained after falling to a six-month low on Thursday as a recovery in crude oil and bargain hunting supported the market.

Published 06 Oct, 2006 12:00am

Base metals jump

Copper bounced on the London Metal Exchange (LME) on Thursday after heavy losses earlier this week tempted buyers back to the market, traders said. "There seems to be a bit of fresh interest from the short-term funds. Bargain hunting is a good word for th

Published 06 Oct, 2006 12:00am

London sugar higher

London white sugar futures closed slightly higher on Thursday, with the market underpinned by concern about nearby tightness, dealers said. December closed $2.50 higher at $377.50 a tonne after holding in a narrow $379.00 to $374.00 range.

Published 06 Oct, 2006 12:00am

New York cotton marginally lower

Cotton futures finished with marginal losses Thursday on sales by small speculators as the market drifted in a tight band amid the absence of leads in the pit, brokers said.

Published 06 Oct, 2006 12:00am

Rotterdam vegetable oil prices

Thursday's Rotterdam vegetable oil prices at 1600 GMT.

Published 06 Oct, 2006 12:00am

Rotterdam vegetable oil prices

Thursday's Rotterdam vegetable oil prices at 1600 GMT.

Published 06 Oct, 2006 12:00am

EU grants wheat and barley imports under quotas

The European Union's grain management committee has granted import licences for 245,152 tonnes of wheat and 9,300 tonnes of feed barley, official data showed on Thursday.

Published 06 Oct, 2006 12:00am

Oil rises on Opec's plan

Oil rose to $60 a barrel on Thursday, after Opec officials said the producer group would cut output by 1 million barrels per day as soon as possible to stem a sharp drop in prices. US crude settled up 62 cents at $60.03 a barrel, while London Brent advanc

Published 06 Oct, 2006 12:00am

LME history man calls time after era of change

Simon Heale next week attends his last London Metal Exchange dinner as exchange chief executive, having said in May he was calling time after five years of changes that may transpire to be turning points in LME history.

Published 06 Oct, 2006 12:00am

Ukraine imposes licences on wheat exports

Wheat exports from Ukraine are subject to a new licensing system from this week, the Economy Minister said on Thursday in a move analysts say will slow shipments to international markets.

Published 06 Oct, 2006 12:00am

Britain's top share index closes at five-month high

The FTSE 100 index ended at its highest level in five months on Thursday, led by Corus and powered by strength in oil and commodity shares. Corus rose 16.6 percent after India's Tata steel said it was considering a take-over bid for the Anglo-Dutch steelm

Published 06 Oct, 2006 12:00am

Closing stock market indices

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

Published 06 Oct, 2006 12:00am

Indian shares rise

Indian shares closed up 1.52 percent on Thursday as sentiment was boosted by strong Asian markets and a record high on Wall Street, dealers said. They said the rise, which followed two days of losses, was across-the-board but added the market could turn c

Published 06 Oct, 2006 12:00am

Thursday's unofficial close: Dow, S&P hit fresh highs

The Nasdaq Composite stock index rose on Thursday, helped by higher-than-expected sales at coffee chain Starbucks Corp, while blue chip stocks were little changed before employment data on Friday.

Published 06 Oct, 2006 12:00am

Thursday's unofficial close: Dow, S&P hit fresh highs

The Nasdaq Composite stock index rose on Thursday, helped by higher-than-expected sales at coffee chain Starbucks Corp, while blue chip stocks were little changed before employment data on Friday.

Published 06 Oct, 2006 12:00am

Malaysian shares higher

Malaysian share prices closed 0.50 percent higher Thursday after the government released data showing a strong trade surplus for August, dealers said. They said sentiment was bolstered further after another record-breaking performance on Wall Street, whic

Published 06 Oct, 2006 12:00am

Bonds: Corus tightens as ECB rate rise ignored

Mergers and acquisitions again beguiled the European credit markets on Wednesday, with bid talk around steel maker Corus providing the enchantment as investors shrugged off a rate rise from the European Central Bank.

Published 06 Oct, 2006 12:00am

Bonds: Corus tightens as ECB rate rise ignored

Published 06 Oct, 2006 12:00am

Euro steadies in London

The euro held steady on Thursday as investors awaited signals on future monetary policy from European Central Bank president Jean-Claude Trichet after the bank raised interest rates to 3.25 percent as expected.

Published 06 Oct, 2006 12:00am

Sterling falls against dollar and euro

Sterling fell against the dollar and the euro on Thursday after the Bank of England left rates unchanged at 4.75 percent while the European Central Bank raised borrowing costs to 3.25 percent.

Published 06 Oct, 2006 12:00am

Indian rupee at four-month high

The Indian rupee posted its strongest close since late May on Thursday as foreign banks sold dollars, but dealers said it was capped by demand for the US currency from oil importers seeking to capitalise on low prices.

Published 06 Oct, 2006 12:00am

Israel moves on Gaza crossing after US pressure

Israel, under pressure from the United States, agreed to marginally loosen restrictions at Gaza's border crossing with Egypt on Thursday, but did not make any longer-term commitment to keep the frontier open.

Published 06 Oct, 2006 12:00am

Sudan warns Darfur troop pledges a 'hostile act'

The United States on Thursday called emergency UN Security Council consultations after Sudan warned nations considering troops for Darfur that their action was a "prelude to an invasion."

Published 06 Oct, 2006 12:00am

Outlook grim for resolving Middle East conflict

The international community must try to resolve the Arab-Israeli conflict to stop the Middle East, already mired in its worst crisis in years, sliding further into turmoil, a respected think tank said on Thursday.

Published 06 Oct, 2006 12:00am

Monster fossil found in Jurassic graveyard

Scientists have found a fossil of a 'Monster' fish-like reptile in a 150 million-year-old Jurassic graveyard on an Arctic island off Norway. The Norwegian researchers discovered remains of a total of 28 plesiosaurs and ichthyosaurs - top marine predators

Published 06 Oct, 2006 12:00am

China jamming test sparks US satellite concerns

China has beamed a ground-based laser at US spy satellites over its territory, a US agency said, in an action that exposed the potential vulnerability of space systems that provide crucial data to American troops and consumers around the world.

Published 06 Oct, 2006 12:00am

West should be open to more Iran talks, says Solana

The West should be open to further talks with Iran despite an impasse over its nuclear aspirations, the EU's top diplomat said on Thursday, hinting at lingering European hesitation to pursue sanctions sought by Washington.

Published 06 Oct, 2006 12:00am

Indian airforce to get new planes and missiles

India will acquire new aircraft, weapon systems and missiles from next year in a bid to boost the capabilities of the world's fourth-largest airforce, its chief said on Thursday.

Published 06 Oct, 2006 12:00am

US House leader to announce reforms, not resigning

The top Republican in the US House, Dennis Hastert, will not announce he is resigning because of a Capitol Hill sex scandal but instead underscore reforms, senior party aides said on Thursday.

Published 06 Oct, 2006 12:00am

Nato takes command across Afghanistan

Nato assumed responsibility for security across the whole of insurgency-hit Afghanistan on Thursday when it took command in the east of the country from a US-led coalition force. Nato's International Security Assistance Force (ISAF) already commanded forc

Published 06 Oct, 2006 12:00am

Rice pays surprise visit to Iraq

US Secretary of State Condoleezza Rice flew into Baghdad on Thursday for a surprise visit to press Iraqi leaders to resolve their differences and ease raging sectarian violence that has killed thousands.

Published 06 Oct, 2006 12:00am

Dengue outbreak kills 38 in India

An outbreak of dengue fever has swept across India's capital and five states, killing 38 people and infected over 2,900 others, Health Minister Ambumani Ramadoss said on Thursday.

Published 06 Oct, 2006 12:00am

US denies Iraqi reports al Qaeda leader dead

The US military and Iraqi government denied reports on Thursday that al Qaeda's leader in Iraq had been killed in a raid but said DNA tests would be conducted on bodies recovered after the attack to make sure.

Published 06 Oct, 2006 12:00am

UK Muslim officer excused duty at Israeli embassy

London police defended on Thursday a controversial decision to excuse a Muslim firearms officer from guard duty at the Israeli embassy, saying it was based on a potential safety risk and not on the man's personal views.

Published 06 Oct, 2006 12:00am

Merkel's health reform shores up German coalition

Germany's government sealed an agreement on healthcare reform on Thursday which eased concerns about the coalition's stability but attracted criticism as a face-saving compromise that delays key changes.

Published 06 Oct, 2006 12:00am

Democrats poised for US Senate gains: poll

Democrats are poised for US Senate gains in the November 7 election, but face an uphill battle to pick up the six seats they need for control, according to Reuters/Zogby polls released on Thursday.

Published 06 Oct, 2006 12:00am

Japan presses for UN stand on North Korea nuclear vow

Japan pressed on with efforts on Thursday to secure a UN condemnation of North Korea's nuclear test threat after Washington, in its starkest warning so far, said it would not live with a nuclear-armed Pyongyang.

Published 06 Oct, 2006 12:00am

Air raids, bombings in Sri Lanka

Sri Lanka's Air Force bombed Tamil Tiger bases for a third day on Thursday, and suspected rebels clashed with government soldiers, after the foes agreed to crunch talks aimed at halting renewed civil war.

Published 06 Oct, 2006 12:00am

Nazi-era mass grave discovered in German cemetery

German authorities said on Thursday that they had unearthed the remains of 51 people, most of them children, in what may be a mass grave for murdered victims of Hitler's euthanasia programme.

Published 06 Oct, 2006 12:00am

Yousuf to lead Pakistan after Younis refusal

Pakistan Cricket Board (PCB) has named Muhammad Yousuf and Abdur Razzaq as captain and vice-captain, respectively for Champions Trophy Tournament to be played at India. The PCB has made this announcement after refusal of Younis Khan to lead the team. The

Published 06 Oct, 2006 12:00am

FIFA officials reach Lahore

With a view to discussing various matters pertaining to goal project-II with high-ups of Pakistan Football Federation (PFF), FIFA's Development Manager in Asia and Oceania, David Borja reached here on Thursday.

Published 06 Oct, 2006 12:00am

Mauresmo withdraws from Stuttgart Grand Prix

Top seed Amelie Mauresmo withdrew from the Stuttgart Grand Prix without playing a match on Thursday, suffering from a right shoulder strain. The French world number one added her name to a tournament injury list that includes Kim Clijsters, Justine Henin-

Published 06 Oct, 2006 12:00am

Federer reaches last eight of Japan Open

World number one Roger Federer quickly ended Wesley Moodie's reign as Japan Open champion with a clinical 6-2 6-1 win to reach the quarter-finals on Thursday. Razor-sharp from the opening point, the Swiss took 52 minutes to blow away the South African beh

Published 06 Oct, 2006 12:00am

India brushes aside 2011 World Cup threat

India on Thursday reiterated it would not sign a key commercial contract with cricket's world governing body despite threats it could lose the right to stage the 2011 cricket World Cup as a result.

Published 06 Oct, 2006 12:00am

West Indies keen to build momentum ahead of World Cup

The West Indies will have more than damaged pride to play for when they open the defence of their ICC Champions Trophy with an unwanted qualifying match against Zimbabwe in Ahmedabad on Sunday.

Published 06 Oct, 2006 12:00am

New York sugar finishes firmer

Raw sugar prices settled higher on Wednesday on trade buying and speculative short-covering to reverse a run of sizeable losses, but the longer-term trend for prices points to lower levels, brokers said.

Published 06 Oct, 2006 12:00am

Comex copper ends down

Copper futures in New York ended down over 2 percent on Wednesday, in sympathy with steep declines in the energy and precious metals markets, sources said.

Published 06 Oct, 2006 12:00am

New York gold falls

Gold futures fell 2.5 percent on Wednesday on selling by hedge funds and a reallocation from commodities into a record breaking stock market rally. Traders braced for a further decline and precious metals remained on the ropes even when crude oil prices r

Published 06 Oct, 2006 12:00am

Tocom gold tumbles

The key Tokyo gold futures contract slipped to a 3-1/2-month low on Thursday as selling gained momentum after it breached key support with supportive factors lacking.

Published 06 Oct, 2006 12:00am

Gold edges up

Gold prices inched up on Thursday but sentiment was bearish as weakness in oil prices reduced the metal's appeal as a hedge against inflation, prompting investment funds to shift into bullish equities.

Published 06 Oct, 2006 12:00am

Malaysian tin up

Malaysian tin closed up $278 on Thursday, lifted by strong buying interest and higher prices on the London Metal Exchange, one dealer said.

Published 06 Oct, 2006 12:00am

China allocates 2007 sugar import quotas

China, one of the world's top sugar consumers, has said 2007 low-tariff import quotas for the commodity will remain unchanged at 1.945 million tonnes.

Published 06 Oct, 2006 12:00am

Oil jumps above $60, Opec cuts feared spreading

Oil leapt more than 1 percent to above $60 a barrel on Thursday, extending its rebound from an eight-month low on a newspaper report that Opec members had agreed informally on the need to slash output by 1 million barrels per day.

Published 06 Oct, 2006 12:00am

Copper looks cheap after big losses

Copper rose by more than $100 a tonne on Thursday after sharp losses in the week left the metal looking cheap in the face of a declining supply surplus.

Published 06 Oct, 2006 12:00am

Thai sugar premiums steady

Thai sugar premiums were expected to hold steady over the next week on limited domestic supply. Offers for Thai 100 ICUMSA white sugar, considered consumer grade, for October shipment were steady at $10 over London prices, but there were no bids on Thursd

Published 06 Oct, 2006 12:00am

Germany to hold onto its gold reserves: Weber

Germany will retain the vast bulk of its gold reserves in the current year of a pact limiting central bank bullion sales, Bundesbank President Axel Weber said on Thursday. The Bundesbank, which holds 3,423.5 tonnes of gold and is the second biggest hoarde

Published 06 Oct, 2006 12:00am

US jobless claims drop to lowest level since July

New claims for US jobless aid fell by a bigger-than-expected 17,000 last week to the lowest level since mid-July, government data showed on Thursday, but the four-week average of claims changed little.

Published 06 Oct, 2006 12:00am

Google launches search service for computer code

Google Inc is introducing a new search service that only a geek could love. The Web search leader said late on Wednesday it is introducing Google Code Search, a site that simplifies how software developers search for programming code to improve existing s

Published 06 Oct, 2006 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 15	281.68
USD PKR Interbank Buying / May 15	281.43
USD to Japanese Yen / May 15	145.80
USD to Swiss Franc / May 15	0.84
Pound Sterling to USD / May 15	1.33
Euro to USD / May 15	1.12
UK LIBOR % / May 14	4.96

Stock	Volume
S&P 500 / May 14	5,892.58
Nasdaq / May 14	19,146.81
Dow Jones / May 14	42,051.06
India Sensex / May 15	80,937.53
Tokyo Nikkei / May 15	37,755.51
Hang Seng / May 15	23,453.16
FTSE 100 / May 15	8,561.58
Germany DAX 30 / May 15	23,462.44
France CAC40 / May 15	7,814.71

Item	Value
Karachi Cotton PKR/37.32 KG / May 14	16,985
Gold 10 Grams PKR / May 14	293,124
Petrol/Litre / May 15	252.63
Crude Oil USD/Barrel / May 15	60.66
Gold Spot USD/Ounce / May 15	3,162.99
Diesel/Litre / May 15	256.64
Cotton US¢/pound / May 15	65.21

Gainers
Losers
Leaders

Stock	Price
Cres.Star Ins. / May 15 Crescent Star Insurance Limited(CSIL)	3.02 ▲ 0.41 (15.71%)
Parmount Sp. / May 15 Paramount Spinning Mills Limited(PASM)	3.70 ▲ 0.46 (14.2%)
Ghani Chemworld / May 15 Ghani Chemworld Limited(GCWL)	9.14 ▲ 1 (12.29%)
S.G.Power / May 15 S.G. Power Limited(SGPL)	8.65 ▲ 0.94 (12.19%)
Premier Insurance / May 15 Premier Insurance Limited(PINL)	5.83 ▲ 0.63 (12.12%)
Dewan Mushtaq / May 15 Dewan Mushtaq Textile Mills Limited(DMTM)	9.83 ▲ 1 (11.33%)
Hala Enterprise / May 15 Hala Enterprises Limited(HAEL)	13.26 ▲ 1.21 (10.04%)
P.T.C.L. / May 15 Pakistan Telecommunication Company Ltd(PTC)	22.06 ▲ 2.01 (10.02%)
Flying Cement / May 15 Flying Cement Company Limited(FLYNG)	49.46 ▲ 4.5 (10.01%)
Octopus Digital / May 15 Octopus Digital Limited(OCTOPUS)	52.09 ▲ 4.74 (10.01%)

Stock	Price
Olympia Mills / May 15 Olympia Mills Limited(OML)	50.47 ▼ -5.06 (-9.11%)
Hussain Industries / May 15 Husein Industries Limited(HUSI)	26.65 ▼ -2.64 (-9.01%)
Apna Microfin. / May 15 Apna Microfinance Bank Limited(AMBL)	10.04 ▼ -0.91 (-8.31%)
Askari Life Assur. / May 15 Askari Life Assurance Company Limited(ALAC)	4.63 ▼ -0.35 (-7.03%)
Imperial Limited / May 15 Imperial Limited(IML)	16.52 ▼ -1.23 (-6.93%)
B. F. Mod. / May 15 B.F. Modaraba(BFMOD)	8.73 ▼ -0.61 (-6.53%)
Punjab Oil / May 15 Punjab Oil Mills Limited(POML)	186.82 ▼ -11.54 (-5.82%)
Equity Modaraba / May 15 First Equity Modaraba(FEM)	2.85 ▼ -0.16 (-5.32%)
Pakgen Power / May 15 Pakgen Power Limited(PKGP)	114.14 ▼ -6.39 (-5.3%)
Ashfaq Textile / May 15 Ashfaq Textile Mills Limited(ASHT)	12.34 ▼ -0.68 (-5.22%)

Stock	Volume
Pak Refinery / May 15 Pakistan Refinery Limited(PRL)	50,818,876 ▲ 2.68
Cnergyico PK / May 15 Cnergyico PK Limited(CNERGY)	47,570,881 ▲ 0.48
K-Electric Ltd. / May 15 K-Electric Limited(KEL)	40,246,546 ▲ 0.16
Kohinoor Spining / May 15 Kohinoor Spinning Mills Limited(KOSM)	32,888,417 ▲ 0.18
At-Tahur Ltd. / May 15 At-Tahur Limited(PREMA)	29,667,657 ▲ 4.48
Sui South Gas / May 15 Sui Southern Gas Company Limited(SSGC)	25,344,612 ▲ 0.91
Waves Corporation / May 15 Waves Corporation Limited(WAVES)	21,773,148 ▲ 0.29
Pak Petroleum / May 15 Pakistan Petroleum Limited(PPL)	16,962,449 ▲ 3.34
B.O.Punjab / May 15 The Bank of Punjab(BOP)	16,957,410 ▲ 0.15
WorldCall Telecom / May 15 Worldcall Telecom Limited(WTL)	16,572,822 ▲ 0.03

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