News Archives for Print - 2006-12-03

Print - 2006-12-03

Plastic mouldings down on Jodia Bazar

The trading on plastic mouldings closed down on Jodia Bazaar here on Saturday. The following changes were noted:

Published 03 Dec, 2006 12:00am

Brazilian sugar vessels lineup climbs

The lineup of vessels waiting to load sugar in Brazilian ports rose to 71 from 57 two weeks ago, shipping agent Williams said. In a weekly report, Williams said 28 vessels were lined up in the southern port of Santos, up from 25 two weeks ago. There were

Published 03 Dec, 2006 12:00am

Ocean freight index hits 19-month high

Ocean freight prices for dry commodities hit a 19-month high for capsize ships hauling minerals on top export routes, on strong winter utility demand for coal in Asia, Chinese iron ore demand and firm global steel prices, analysts said.

Published 03 Dec, 2006 12:00am

CBOT wheat lower

Soft red winter wheat futures on the Chicago Board of Trade closed lower on Friday on light profit-taking after Thursday's higher close, traders said. Spillover weakness from declines in corn and soybeans added pressure.

Published 03 Dec, 2006 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 92,069 tonnes cargo including 71,116 tonnes import, 20,953 tonnes export cargo and 2,598 containers during last 48 hours ending at 0700 hours on Saturday.

Published 03 Dec, 2006 12:00am

New York coffee posts gains

Benchmark March arabica coffee futures settled up 2.7 percent on Friday, after surging to a late-day fresh high dating back to February for the third time this week, on fund buying after a choppy session, traders said.

Published 03 Dec, 2006 12:00am

New York cocoa firmer

Most US cocoa futures contracts closed mildly higher on Friday on hedge-selling, after early speculative buying boosted benchmark March futures to a high last seen in August, floor traders said. "The early strength was attributed to the currency. Spec buy

Published 03 Dec, 2006 12:00am

Turkmenistan gathers 850,000 tonnes of cotton

Turkmenistan, one of the world's driest nations, gathered 850,000 tonnes of raw cotton in 2006, only 40 percent of the planned 2.2 million tonnes, the government said on Friday.

Published 03 Dec, 2006 12:00am

New York sugar easier

Raw sugar futures closed softer on Friday on producer sales and speculative profit-taking as the market waits for leads although the fundamentals are pointing to lower values into next week, brokers said.

Published 03 Dec, 2006 12:00am

Tokyo rubber inches down on firm yen

Tokyo rubber futures inched down on Friday, pressured by a firmer yen, but remained in sight of a two-week high marked the previous day. Rubber futures on the Tokyo Commodity Exchange, under pressure from ample physical supplies for several months, have b

Published 03 Dec, 2006 12:00am

CBOT rice higher

The Chicago Board of Trade rice market closed sharply higher on Friday on follow-through buying, with the January contract ending above $10 per hundredweight for the first time in nearly two weeks, traders said. January rice closed 9-1/2 cents higher at $

Published 03 Dec, 2006 12:00am

Australian wool lower

The Australian Wool Market eased slightly against a sharply rising US exchange rate, finishing the week 0.1 percent lower, on average, at sales in Newcastle, Melbourne and Fremantle. The AWEX EMI decreased by 1c (-0.1 percent) ending the week at 825c/kg c

Published 03 Dec, 2006 12:00am

Shanghai copper futures fall

Copper futures in China edged lower on Friday as further signs that there will be additional metal available to the market next year weighed on sentiment. At the Shanghai Futures Exchange, most active February copper ended the afternoon session down 350 y

Published 03 Dec, 2006 12:00am

Comex copper trims losses at close

Copper futures in New York ended down but off their session lows on Friday, after a morning sell-off failed to build momentum following weaker-than-expected US manufacturing data, analysts said.

Published 03 Dec, 2006 12:00am

US gold erases early gain to end down

US gold futures ended lower but held above $650 an ounce on Friday, reversing early gains, as traders opted to lock in profits ahead of the weekend despite the dollar's continued struggles.

Published 03 Dec, 2006 12:00am

Soyabean futures weaker

Chicago Board of Trade soybean futures closed lower on Friday, setting back from on Thursday's rally with the weakness in corn and soymeal weighing on soy prices, traders said. January soybeans ended 8-1/2 cents lower at $6.77 per bushel and March was dow

Published 03 Dec, 2006 12:00am

Rising oil prices, weak dollar push commodities higher

Most global commodity markets advanced last week, in line with oil price gains, reaping the benefits of a weak US currency which makes dollar-denominated products cheaper for foreign buyers.

Published 03 Dec, 2006 12:00am

India's ONGC to reinvest Sakhalin-1 oil revenue

India's Oil and Natural Gas Corp plans to plough back revenues from Sokol crude sales for the development of the Sakhalin-1 oil field, ONGC Videsh managing director R.S. Butola said on Saturday.

Published 03 Dec, 2006 12:00am

Afghan opium cultivation grows 61 percent: White House

Opium poppy cultivation shot up a whopping 61 percent in Afghanistan this year in a setback for US and Nato efforts to clamp down on the country's illegal drug industry, according to new figures released by the White House.

Published 03 Dec, 2006 12:00am

Digital revolution tightens its grip on humanity: ITU

About two billion people world-wide are now hooked on to a mobile phone as personal digital technology expands at a revolutionary pace and starts to have a pervasive impact on people's lives, the UN's telecommunications agency said on Saturday.

Published 03 Dec, 2006 12:00am

Some EU states seek tougher sanctions on Turkey

Some European Union countries are seeking tougher sanctions on Turkey than the partial freeze in membership talks proposed by the European Commission over its failure to open ports to ships from Cyprus, diplomats say.

Published 03 Dec, 2006 12:00am

Ford slips to No 4 in US market

Ford Motor Co dropped from second to fourth in the US auto market in November as its sales slid by 10 percent, while Toyota Motor Corp's sales surged 16 percent to put it in the No 2 spot.

Published 03 Dec, 2006 12:00am

Opec sends conflicting signal on need for deeper cut

Opec ministers sent conflicting signals on Saturday on whether the group needed to reduce oil production further to bring markets back into equilibrium.

Published 03 Dec, 2006 12:00am

Exiled Brunei prince sues two Britons in property scam

The exiled prince of Brunei, accused of squandering the wealth of his tiny Southeast Asian homeland, sued two Britons in a US court on Friday, saying they bilked him out of millions of dollars through property scams.

Published 03 Dec, 2006 12:00am

Anti-Volkswagen demonstrators brings 15,000 to Brussels streets

At least 15,000 demonstrators marched through Brussels on Saturday in protest at planned job cuts at the Belgian factory of German car maker Volkswagen.

Published 03 Dec, 2006 12:00am

Iran signs LNG export deal with China CNPC

China signed a deal to purchase 3 million tonnes per year of Iran's Liquified Natural Gas (LNG) for a 25-year period, state television reported on Saturday. Malaysia's Petronas and France's Total SA hold the stakes of Iran's Pars LNG project. Total announ

Published 03 Dec, 2006 12:00am

'China 2006 credit to grow 14-15 percent'

Total credit growth in China this year will be between 14 percent and 15 percent, chief banking regulator Liu Mingkang said on Saturday. Annual growth in yuan loans slowed to 15.2 percent in September and October, from more than 16 percent in July and Aug

Published 03 Dec, 2006 12:00am

Fed sees inflation risk even as growth slows

Federal Reserve policy-makers on Friday said inflation remained a risk to the US economy, even as data showing factory activity falling for the first time in 3-1/2 years indicated growth was slowing.

Published 03 Dec, 2006 12:00am

US eyes tighter security for visa-free travellers

The Bush administration wants travel agents to help conduct new background checks on European and Asian travellers who do not need visas to enter the United States, officials said on Friday.

Published 03 Dec, 2006 12:00am

Foreign banks take aim at China money markets

China's opening of retail banking to foreign institutions in December may hasten another big shift in its financial sector: the rise of foreigners as major players in its booming money and bond markets.

Published 03 Dec, 2006 12:00am

Foreign banks take aim at China money markets

Published 03 Dec, 2006 12:00am

North Koreans brace for more power shortages in winter

Power-starved North Korea has been urging its citizens to conserve electricity as winter sets in, and after its key benefactor China at one point cut oil flows this year.

Published 03 Dec, 2006 12:00am

Azerbaijan may cut or stop oil exports via Russia

Azeri President Ilham Aliyev said on Friday his country would reduce or suspend altogether oil exports via Russia in response to Moscow's promise to cut gas supplies to Baku. "We will reduce oil shipments along the Baku-Novorossiisk route. We may also con

Published 03 Dec, 2006 12:00am

More US bosses giving workers time off to volunteer

An increasing number of US companies encourage employees to volunteer their time cleaning coastlines, handing out food for the poor and other charitable work as a means of boosting their image and doing their part for the community.

Published 03 Dec, 2006 12:00am

Airbus sold 127 planes in November

Airbus sold 127 jets in November, bringing the number of sales so far this year to 635 aircraft, the planemaker said on Friday. November's deals included a shot in the arm for its slow-selling A340 four-engine planes, criticised by many airlines as too ex

Published 03 Dec, 2006 12:00am

Argentina tax revenue jumps again in November

Argentine tax revenue surged 36.3 percent in November from a year earlier due to a higher take from value-added, income and export taxes, the government said on Friday.

Published 03 Dec, 2006 12:00am

Russian oil output up, near all-time high

Russian oil production bounced back in November after a two-month decline to stand at 9.75 million barrels per day (bpd), close to the all-time high, Energy Ministry data showed on Saturday. The November figure was 40,000 bpd higher than output in October

Published 03 Dec, 2006 12:00am

Ecuadorean government debt prices sag

Ecuadorean government debt prices plummeted on Friday as investors sold off the credit amid continued rhetoric by the government-elect that will renegotiate the external debt, creating jitters ahead of year-end closing portfolios.

Published 03 Dec, 2006 12:00am

Ecuadorean government debt prices sag

Published 03 Dec, 2006 12:00am

Chile stocks edge up to record high

Chilean stocks edged up in heavy trade to a third consecutive record high on Friday, shrugging off losses in other regional markets. The all-market IGPA index edged up 0.06 percent to 11,712.15 points, while the blue chip IPSA index gained 0.08 percent to

Published 03 Dec, 2006 12:00am

US corporate bonds spread widen

US corporate bond spreads widened on Friday as stocks slumped on a weak manufacturing report, while bonds of Ford Motor Co and General Motors Corp saw little trading despite the release of November auto sales data.

Published 03 Dec, 2006 12:00am

US corporate bonds spread widen

Published 03 Dec, 2006 12:00am

US Treasuries rally

US Treasury debt prices rose on Friday and benchmark yields sank to 10-month lows on data showing the US manufacturing sector contracted for the first time in 3-1/2 years in November.

Published 03 Dec, 2006 12:00am

US Treasuries rally

US Treasury debt prices rose on Friday and benchmark yields sank to 10-month lows on data showing the US manufacturing sector contracted for the first time in 3-1/2 years in November.

Published 03 Dec, 2006 12:00am

European Stocks: eyes on airlines

November traffic figures from the continent's leading airlines, the European Central Bank's monetary policy meeting and the euro-dollar exchange rate look set to grab the spotlight next week, equity strategists say.

Published 03 Dec, 2006 12:00am

IPO view: Heelys, latest kid fad, rolls to market

Already hot with kids, Heelys Inc and its wheeled shoes are skating toward investors giddy about the company's initial public offering Heelys has a runaway hit with its patented footwear, which conceals a wheel in each heel that allows the wearer to skate

Published 03 Dec, 2006 12:00am

Argentine stocks slump

Argentine stocks dropped 1.9 percent on Friday as investors sold off after the market hit a historic high a day earlier. The profit-taking especially hit steel tube maker Tenaris, which is weighted as one third of the index. Tenaris, a global leader in pr

Published 03 Dec, 2006 12:00am

Brazil shares tumble

Brazil's stocks fell on Friday as investor sentiment soured after a report showing a slowdown in US manufacturing prompted a slump in equity markets. The Sao Paulo Stock Exchange's benchmark Bovespa index fell 1.44 percent to a preliminary close of 41,327

Published 03 Dec, 2006 12:00am

Toronto stocks close flat

The Toronto Stock Exchange's benchmark index ended a quiet Friday flat after a week in which rising commodity prices powered it to several records. The S&P/TSX composite index closed 2.37 points above Thursday's record close of 12,754.75. It ended the wee

Published 03 Dec, 2006 12:00am

Canadian bond prices rise

The Canadian domestic bonds rose modestly on Friday, taking little guidance from the domestic data and instead following the lead of US Treasuries.

Published 03 Dec, 2006 12:00am

Canadian bond prices rise

The Canadian domestic bonds rose modestly on Friday, taking little guidance from the domestic data and instead following the lead of US Treasuries.

Published 03 Dec, 2006 12:00am

American credit market outlook

Credit spreads of Gap Inc may be prone to further widening as the clothing retailer grapples with falling sales and the possibility of being downgraded into the high-yield universe. However, opinion is divided over whether the company is a likely candidat

Published 03 Dec, 2006 12:00am

American credit market outlook

Published 03 Dec, 2006 12:00am

US stocks slip on interest-rate

US stocks fell on Friday after a manufacturing index showed its weakest reading in more than three years and a Federal Reserve official said more rate hikes may be required to control inflation.

Published 03 Dec, 2006 12:00am

Canadian dollar slips

The Canadian dollar eased versus the greenback on Friday, after a report showed Canada added more jobs than expected in November, but the increase was entirely due to part-time jobs. Domestic bonds eased slightly, as the data did little to change expectat

Published 03 Dec, 2006 12:00am

Fed looks powerless to stop latest dollar slide

The dollar tumbled against major currencies on Friday en route to a second week of losses, and this time it's going to take more than Federal Reserve warnings about inflation to stop the slide.

Published 03 Dec, 2006 12:00am

Dollar tumbles after drop in manufacturing index

The dollar tumbled to its lowest in months against most major currencies on Friday after weak US factory data reinforced expectations the Federal Reserve would cut benchmark interest rates next year.

Published 03 Dec, 2006 12:00am

Dollar fall creates new risks for Russia

A weaker dollar is a serious challenge to Russia's economy, despite official assurances that the 2006 inflation target will be achieved, a Reuters poll of 15 economists showed on Friday.

Published 03 Dec, 2006 12:00am

IMM speculators boost dollar shorts to five-month high

Currency speculators boosted their net short dollar position to a roughly five-month peak in the week to November 28, data from the Commodity Futures Trading Commission showed on Friday.

Published 03 Dec, 2006 12:00am

Brazil set up Poland final at world championships

Defending champions Brazil cruised into the final of the men's World Volleyball Championships with a convincing 3-1 (25-19 15-25 25-22 25-12) victory over Serbia and Montenegro on Saturday.

Published 03 Dec, 2006 12:00am

New Zealand recall Sinclair to face Sri Lanka

Mathew Sinclair's two-year exile from New Zealand Test cricket has ended with the two-time double centurion recalled Saturday to the New Zealand squad to play Sri Lanka.

Published 03 Dec, 2006 12:00am

South Korea eye quarter-finals

South Korea virtually wrapped up an Asian Games football quarter-final place with a 2-0 win over Vietnam on Saturday. Lee Ho, with an early goal, and a last-minute strike by Kim Jin Kyu gave Pim Verbeek's side their second win in two matches in Group B, a

Published 03 Dec, 2006 12:00am

Asian Games: China wins six gold medals

China's Asian Games campaign started with a bang on Saturday with their shooters sweeping all six gold medals up for grabs in the event. Favourite Li Chen, 32, showed her class in trap shooting despite shifting winds, leading China to a one-two finish in

Published 03 Dec, 2006 12:00am

IOC chief demands release of kidnapped Iraqis

International Olympic Committee president Jacques Rogge on Saturday made an emotional appeal for the release of kidnapped Iraqi sportsmen snatched during the bloody insurgency.

Published 03 Dec, 2006 12:00am

Yousuf's faith has given him spiritual strength: Imran

Prolific Pakistan batsman Mohammad Yousuf has found spiritual strength from his faith, which helped him achieve commendable batting feats against the West Indies, former great Imran Khan said Saturday.

Published 03 Dec, 2006 12:00am

England post daunting total

England picked up the crucial wicket of Justin Langer to reduce Australia to 28 for one after Paul Collingwood and Kevin Pietersen enabled the tourists to post a daunting total of 551-6 in the second Ashes Test on Saturday.

Published 03 Dec, 2006 12:00am

Bangladesh voters list has 12 million false names: US monitor

Bangladesh's list of voters contains 12.2 million false names, a US-based election monitor said on Saturday. "Bangladesh's voters' list has approximately 12.2 million names which are either in error or are duplicates," a report by the Washington-based Nat

Published 03 Dec, 2006 12:00am

Controversial security law to be changed: Manmohan

A controversial security law in north-eastern India that critics say has been misused to kill and torture suspects will be amended, Indian Prime Minister Manmohan Singh said on Saturday. The Armed Forces (Special Powers) Act, 1958 (AFSPA), is intended to

Published 03 Dec, 2006 12:00am

33 killed as bridge collapses on Indian train

Thirty-three people were killed and 15 injured when a 150-year-old bridge collapsed on a train in eastern India on Saturday, officials said. "We have information that 33 passengers are dead and many injured," Rakesh Mishra, a railway official told Reuters

Published 03 Dec, 2006 12:00am

India develops missile defence system

India has developed an anti-missile defence system which could be put in place in 3 to 5 years, the country's top defence research body said on Saturday. Earlier this week, India conducted a mid-air collision of two nuclear-capable ballistic missiles in a

Published 03 Dec, 2006 12:00am

Bush vows to seek Iraq consensus

US President George W. Bush pledged on Saturday to seek bipartisan consensus on the way forward in Iraq, as he awaited a panel's recommendations on how to shift course in the unpopular war.

Published 03 Dec, 2006 12:00am

Indonesian quake damages buildings, 14 hurt

An earthquake on Sumbawa island in eastern Indonesia overnight has damaged houses and injured 14 people, a health official said on Saturday. Rustam Pakaya, head of the health ministry's crisis centre said emergency officials were searching the area and th

Published 03 Dec, 2006 12:00am

Grim hunt for hundreds killed in typhoon Durian

Distraught survivors searched piles of bodies for the faces of their loved ones in the central Philippines on Saturday after landslides triggered by Typhoon Durian left hundreds dead.

Published 03 Dec, 2006 12:00am

Raul Castro seeks negotiations with US

Cuba's communist interim leader Raul Castro, in a shift from the tack of his ailing brother Fidel Castro, on Saturday pushed for negotiations with the United States to end decades of tense ties.

Published 03 Dec, 2006 12:00am

Protesters paralyse central Beirut

Thousands of supporters of Lebanon's Hezbollah-led opposition paralysed parts of central Beirut on Saturday on the second day of a campaign to topple the US-backed government.

Published 03 Dec, 2006 12:00am

Two schools set up at Kasur

Singer and social worker Jawad Ahmad's NGO "Taaleem for All Trust," has set up two more schools in its ongoing project at Chunian district Kasur. Now the number of schools in the area has reached 12.

Published 03 Dec, 2006 12:00am

Moot on saline land on December 6

Governor Punjab Lieutenant General Khalid Maqbool (Retd) will be the chief guest of closing ceremony of three-day International Conference on "Sustainable Crop Production on Salt-affected Land" organised by Saline Agriculture Research Centre UAF on Decemb

Published 03 Dec, 2006 12:00am

Schools for special children being set up

The Sialkot district government is spending more than Rs 2.254 million during the current fiscal period for the welfare of special children in Sialkot district.

Published 03 Dec, 2006 12:00am

DS-Concept starts providing export finance solution

DS-Concept Factoring has started providing complete export finance solution and security to the exporters of Pakistan, said DS-Concept Factoring Business Development head Qaseem Jaffri.

Published 03 Dec, 2006 12:00am

Vehicular traffic worsening air pollution situation

Air pollution situation has worsened in the country due to a sharp rise in vehicular traffic since 1990. The other root causes of environmental problems in Pakistan are growing population, increasing rural-urban migration and a lack of awareness.

Published 03 Dec, 2006 12:00am

Reduction in sectarian violence

Has anybody noticed tat after the beating of Taliban in Afghanistan and Pakistan Army action against local Taliban and al Qaeda the sectarian violence in the country has been drastically reduced and now the minority sects feel more safe than before.

Published 03 Dec, 2006 12:00am

Karachiites' delight

Clifton beach is perhaps the only visual delight that mother nature has blessed Karachi with. We, the citizens of Karachi, have wondered for years about tapping fully, the potential of this resource. Now, at last, we see some hope in the form of DHA's Wat

Published 03 Dec, 2006 12:00am

SBP''s annual report: overview of the economy

Being the text of the annual report of the State Bank of Pakistan, for the year 2005-06, released on Saturday, December 2, 2006.

Published 03 Dec, 2006 12:00am

SBP's annual report: overview of the economy

Being the text of the annual report of the State Bank of Pakistan, for the year 2005-06, released on Saturday, December 2, 2006.

Published 03 Dec, 2006 12:00am

SBP's annual report: overview of the economy

Being the text of the annual report of the State Bank of Pakistan, for the year 2005-06, released on Saturday, December 2, 2006.

Published 03 Dec, 2006 12:00am

Female paramedics for NWFP

According to a Recorder Report from Peshawar, appearing on November 24, NWFP Minister for Health Inayatullah has ordered preparation of a plan for the establishment of a separate paramedical institute for women in the province to overcome the short

Published 03 Dec, 2006 12:00am

Nato countries must do more

The US-led invasion and occupation of Iraq having resulted in the disaster it has, the forgotten war in Afghanistan is threatening to go down the same road. How bad the situation is comes out from the fact that even though a while ago Nato assumed increas

Published 03 Dec, 2006 12:00am

Five of a family gunned down

Five members of a family including three children were gunned down over a property dispute at Mohallah Ahmadpur, Muridke city on Saturday. Sajjad Shah entered the house of Tahir and opened indiscriminate fire at the family members.

Published 03 Dec, 2006 12:00am

FPCCI elections: Tanvir Sheikh nominated for BP president

Businessmen Panel (BP)Chairman Tariq Saeed has nominated Tanvir Ahmad Sheikh as nominee of Businessmen Panel for president of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and hoped that Businessmen Panel (BP) would sweep the polls with

Published 03 Dec, 2006 12:00am

New law to replace TOO

A new Trade Organisation law has been drafted to replace the existing Trade Organisation Ordinance (TOO) 1961 on the recommendations of stakeholders. According to a press release here on Friday, the draft law is available on website of the Ministry of Com

Published 03 Dec, 2006 12:00am

Kinnow output may drop by 30 percent

There is likely to be a drop of 30 per cent in kinnow production this season. The total yield is estimated to slide down to 1.50 million tons as compared to 2.02 million tons last year, according to surveys recently conducted by Punjab provincial crop rep

Published 03 Dec, 2006 12:00am

Bahawalpur Corps Commander witnesses Pak-Saudi joint exercise

Corps Commander, Lieutenant General Imtiaz Hussain on Saturday visited the exercise area and witnessed the ongoing Pak-Saudi Joint Exercise "ALSAMSAAM-2" (Sharp Sword) which envisages conduct of various operations of mechanised warfare in the desert terra

Published 03 Dec, 2006 12:00am

Pakistani seafarers join South Asian region's protest

Members of Pakistani seafarers and dock-workers unions have joined South Asian region in a week long protest against the continued growth of flags of convenience (FoC) and sub-standard shipping practices.

Published 03 Dec, 2006 12:00am

FPCCI election enters decisive phase

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) elections entered a decisive phase as the rival groups announced their presidential candidates on Saturday. Progressive Businessmen Panel has announced Misbah-ur-Rehman as its candidate

Published 03 Dec, 2006 12:00am

Punjab to be made centre of information technology: chief minister

Punjab Chief Minister Chaudhry Pervaiz Elahi has said that government wanted to equip teachers from public and private sides with the knowledge of computer sciences as no nation could be declared completely literate without having the knowledge of informa

Published 03 Dec, 2006 12:00am

Government urged to resolve small traders' problems

Small traders of Karachi Chamber of Commerce and Industries (KCCI) have demanded of the government to address their unresolved problems on priority basis while adopted five resolutions during traders' convention in this regard.

Published 03 Dec, 2006 12:00am

Rs 2.3 billion Sindh education reforms plan

The Provincial Government has launched a Rs 2.3 billion of Sindh Education Reform Programme (SERP) for the infrastructure improvement in the schools. This was stated in a meeting held here on Saturday while the Sindh minister for Education, Dr Hamida Khuh

Published 03 Dec, 2006 12:00am

37,000 liqour bottles seized

The Maritime Security Agency (MSA) has seized a boat carrying 37,000 beer cans and bottles of foreign branded liquor within Pakistan's territorial waters, an MSA press release said.

Published 03 Dec, 2006 12:00am

Economy records great progress: minister

Due to continuity of sound economic policies of the government, Pakistan has shown extraordinary improvement in economic progress, developing infrastructure, creating an investment friendly environment and increasing exports in last five years, Minister o

Published 03 Dec, 2006 12:00am

Kasuri urges Oman government to invest in Gwadar

Foreign Minister Khurshid M. Kasuri has invited the Omani government to encourage its private and public sector to invest in the development of Gwadar, where Oman has an edge because of its close historical links with it.

Published 03 Dec, 2006 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 25	277.83
USD PKR Interbank Buying / Nov 25	277.73
USD to Japanese Yen / Nov 25	154.29
USD to Swiss Franc / Nov 25	0.89
Pound Sterling to USD / Nov 25	1.26
Euro to USD / Nov 25	1.05

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

Item	Value
Gold 10 Grams PKR / Nov 22	240,483
Petrol/Litre / Nov 25	248.38
Crude Oil USD/Barrel / Nov 25	70.68
Karachi Cotton PKR/37.32 KG / Nov 25	17,685
Gold Spot USD/Ounce / Nov 25	2,664.27
Diesel/Litre / Nov 25	255.14

Gainers
Losers
Leaders

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

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

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

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