News Archives for Print - 2007-01-19 - Business Recorder

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اردو

Dec 27, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Print - 2007-01-19

The state of Pakistan's economy: first quarterly report for fiscal year 2007

The state of Pakistan's economy: first quarterly report for fiscal year 2007

1.1 OVERVIEW The likelihood of achieving 7 percent growth target for FY07 remains strong despite visible challenges in meeting growth target of industry and agriculture. While an anticipated recovery in large scale manufacturing is likely to

Published 19 Jan, 2007 12:00am

Enough is enough

Enough is enough

Of late a slew of statements has emanated from the US official sources blaming the heightened Taliban insurgency on Pakistan, defying the common knowledge that the harsh winter of Afghanistan would normally damp down the guerrilla activity.

Published 19 Jan, 2007 12:00am

Whither meritocracy?

Whither meritocracy?

The federal cabinet in its meeting on Wednesday last increased the Balochistan quota for federal jobs from 3.5 to 6 percent. This increase in the quota is part of a plan to eliminate merit altogether from the federal services.

Published 19 Jan, 2007 12:00am

EOBI meeting

EOBI meeting

A two-day board of trustees (BoT) meeting of Employees' Old-Age Benefits Institution (EOBI) was held on January 16 & 17 at the EOBI head office.

Published 19 Jan, 2007 12:00am

Ufone introduces new look of service centers

Ufone introduces new look of service centers

Ufone is revamping its sales and service centers under its vision of 'Service First', stated a press release issued here on Thursday. According to the release, Ufone's new service vision gives top priority to customer convenience and for the very purpose

Published 19 Jan, 2007 12:00am

Qadirpur gas field case hearing put off

Qadirpur gas field case hearing put off

High Court of Sindh on Thursday adjourned the proceedings till February 2, in a petition challenging the process to award contract of Qadirpur Gas Compression Project by Oil and Gas Development Company Limited (OGDCL).

Published 19 Jan, 2007 12:00am

Pacra upgrades asset manager rating of JS ABAMCO to AM2+

Pacra upgrades asset manager rating of JS ABAMCO to AM2+

The Pakistan Credit Rating Agency (Pacra) has upgraded the asset manager rating of JS ABAMCO Limited (Formerly ABAMCO Limited) to 'AM2+'. The rating denotes the company's very strong capacity to manage the risks inherent in asset management and the asset

Published 19 Jan, 2007 12:00am

Pacra upgrades asset manager rating of JS ABAMCO to AM2+

Pacra upgrades asset manager rating of JS ABAMCO to AM2+

The Pakistan Credit Rating Agency (Pacra) has upgraded the asset manager rating of JS ABAMCO Limited (Formerly ABAMCO Limited) to 'AM2+'. The rating denotes the company's very strong capacity to manage the risks inherent in asset management and the asset

Published 19 Jan, 2007 12:00am

Deutsche Bank declares PLS profit rates

Deutsche Bank declares PLS profit rates

Deutsche Bank has declared the following rates of profit on PLS deposits for the period of six months ended December 31, 2006.

Published 19 Jan, 2007 12:00am

Deutsche Bank declares PLS profit rates

Deutsche Bank declares PLS profit rates

Deutsche Bank has declared the following rates of profit on PLS deposits for the period of six months ended December 31, 2006.

Published 19 Jan, 2007 12:00am

Football and hockey matches

Football and hockey matches

To mark the Kashmir Solidarity Day, Football and Hockey matches will be organised at Pakistan Sports Complex, Islamabad on February 5.

Published 19 Jan, 2007 12:00am

Local markets may face cricket-related items shortage

Local markets may face cricket-related items shortage

Local sports markets are likely to face an acute shortage of cricket-related sports items by around 60 percent during the forthcoming cricket world cup.

Published 19 Jan, 2007 12:00am

CDA to develop new Industrial Estate at Sector I-17

CDA to develop new Industrial Estate at Sector I-17

Capital Development Authority (CDA) will soon develop new Industrial Estate at Sector I-17 to meet the increasing demand of the area. This was stated by the CDA chairman Kamran Lashari, at a meeting with the president and members of Islamabad Chamber of C

Published 19 Jan, 2007 12:00am

No need for new housing policy: minister

No need for new housing policy: minister

Minister for Housing and Works Syed Safwanullah has said that government is already implementing National Housing Policy (NHP) and there is no need for new one. Talking to APP here on Thursday the minister said National Housing Policy was introduced in th

Published 19 Jan, 2007 12:00am

Nahid Sidiqui to perform at Islamabad Club today

Nahid Sidiqui to perform at Islamabad Club today

The world fame dancing legend of Pakistan Nahid Sidiqui is scheduled to perform on Friday at 6.30 pm at Islamabad Club under the auspices of Pakistan National Council of the Arts.

Published 19 Jan, 2007 12:00am

LHC adjourns petition of Ittefaq Group

LHC adjourns petition of Ittefaq Group

The Lahore High Court (LHC) adjourned till January 26 the proceedings in a petition of Ittefaq Group of Industries regarding sale of its four units to settle bank loans owed by the Sharif family as the petitioner counsel did not appear before the court.

Published 19 Jan, 2007 12:00am

Meeting held for restructuring of IDBP

Meeting held for restructuring of IDBP

A high level meeting was held here at the Law Minster's office, jointly chaired by the Federal Law Minister Muhammad Wasi Zafar and Special Advisor to Prime Minister Dr Salman Shah, regarding the corporatisation and restructuring of IDBP.

Published 19 Jan, 2007 12:00am

LSE board meeting ends in fiasco

LSE board meeting ends in fiasco

The Lahore Stock Exchange (LSE) board failed to decide the fate of new chairman of the LSE in its marathon meeting, lasting for three and half an hours, on Thursday and the chair finally put off it without announcing the next date.

Published 19 Jan, 2007 12:00am

Need emphasised to activate SME sector

Need emphasised to activate SME sector

Lahore Chamber of Commerce and Industries (LCCI) Acting President Yaqoob Tahir Izhar and Vice President Mubasher Sheikh while hailing the approval of first Small and Medium Enterprises (SME) policy by the Federal Cabinet have emphasised the need to activa

Published 19 Jan, 2007 12:00am

Tourism fair inaugurated

Tourism fair inaugurated

Punjab Tourism Minister Mian Aslam Iqbal on Thursday inaugurated the three-day Pakistan Tourism Fair 2007. More than 28 countries participated in the fair, which housed 180 stalls relating to tourism sector.

Published 19 Jan, 2007 12:00am

Mullah Omar's whereabouts: ISPR rejects Afghan charges

Mullah Omar's whereabouts: ISPR rejects Afghan charges

The Director General of Inter-Services Public Relations (ISPR) Major General Shaukat Sultan on Thursday rejected a claim from a captured Taliban spokesman that it is sheltering the movement's leader, Mullah Omar.

Published 19 Jan, 2007 12:00am

Cyber crime bill major step to secure business: Leghari

Cyber crime bill major step to secure business: Leghari

Minister for Information Technology Awais Ahmad Khan Leghari has said the adoption of cyber crime bill by the federal cabinet is a major step towards ensuring a secure business environment and promotion of e-commerce.

Published 19 Jan, 2007 12:00am

'Gender equality precondition for reducing poverty'

'Gender equality precondition for reducing poverty'

Gender equality is a precondition for meeting the challenges of reducing poverty, promoting sustainable development and building good governance. Mazhar Hashmi, Deputy Director General, Federal Bureau of Statistics, said this while addressing 'Internation

Published 19 Jan, 2007 12:00am

Mild intensity earthquake jolts Northern Areas

Mild intensity earthquake jolts Northern Areas

A mild earthquake jolted parts of Pakistan's northern Himalayan region early on Thursday, but there was no report of any injuries or damage, an official said.

Published 19 Jan, 2007 12:00am

Hesco cuts power supply to government departments

Hesco cuts power supply to government departments

The Hyderabad Electric Supply Company (Hesco) has disconnected power supply to offices of 45 departments and institutions of federal and provincial governments here due to non-payment of Rs 200 million dues.

Published 19 Jan, 2007 12:00am

Site fire incident: FIR lodged with police to investigate: Kamal

Site fire incident: FIR lodged with police to investigate: Kamal

City Nazim Syed Mustafa Kamal said on Thursday that CDGK has lodged FIR with the police to probe incident of fire in a garment factory in Site area where the firemen and workers lost their lives.

Published 19 Jan, 2007 12:00am

Hesco chief asks builders to pay charges

Hesco chief asks builders to pay charges

Chief Executive HESCO, Maqbool Ahmed Khawaja has directed the builders to deposit development charges to avoid legal action. He was addressing the members of Hyderabad Chamber of Commerce and Industries (HCCI) on Tuesday.

Published 19 Jan, 2007 12:00am

Thai fair in Lahore and Karachi

Thai fair in Lahore and Karachi

Encouraged by the positive response received at the "Thailand Exhibition 2005" held in September 2005 in Karachi, a three-day Thailand exhibition will be held in Lahore from January 20 to January 22 and in Karachi from January 24.

Published 19 Jan, 2007 12:00am

ICI and British Council ink MoU

ICI and British Council ink MoU

ICI, the world's largest producers of paints and speciality products, and one of the biggest supporters of community development programme in Pakistan, signed an agreement with the British Council, highlighting their commitment to the development of human

Published 19 Jan, 2007 12:00am

Railways to sell assets to overcome deficit: minister

Railways to sell assets to overcome deficit: minister

Federal Minister for Railways Sheikh Rasheed Ahmed on Thursday said that Pakistan Railways would sell assets to overcome its deficit. Talking to reporters while inaugurating the newly built "Run Pathani" bridge, which was collapsed during monsoon rains, h

Published 19 Jan, 2007 12:00am

Sindh government departments asked to clear power dues

Sindh government departments asked to clear power dues

Sindh government on Thursday asked all its departments to clear their outstanding electricity bills within three days. According to details, a high-level meeting was held in the office of Sindh chief secretary to discuss outstanding electricity bills of v

Published 19 Jan, 2007 12:00am

The Weather

The Weather

The weather report on Thursday (January 18, 2007) and the forecast for Friday (January 19, 2007).

Published 19 Jan, 2007 12:00am

Seven-star hotels in Karachi to help improve revenue: Kamal

Seven-star hotels in Karachi to help improve revenue: Kamal

A Qatar-based company has expressed its interest in the construction of several seven-star hotels in the metropolis at the estimated cost of $2 billion.

Published 19 Jan, 2007 12:00am

New York Cotton Rates

New York Cotton Rates

Thursday's closing prices of New York cotton in US cents/lb.

Published 19 Jan, 2007 12:00am

APTUF holds demonstration

APTUF holds demonstration

Activists of All Pakistan Trade Unions Federation (APTUF) held a demonstration here on Thursday to protest the supply of sub-standard medicines to the workers by the Social Security Hospital and dispensaries. Secretary General APTUF, Gulzar Ahmad Chaudhry

Published 19 Jan, 2007 12:00am

New York Cotton Rates

New York Cotton Rates

Thursday's closing prices of New York cotton in US cents/lb.

Published 19 Jan, 2007 12:00am

No change in washing, dress allowance rates

No change in washing, dress allowance rates

The government employees would continue to draw washing and dress allowances at the same rate as they were drawing these allowances before the introduction of revised basic pay scales scheme 2005.

Published 19 Jan, 2007 12:00am

Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (January 18, 2007).

Published 19 Jan, 2007 12:00am

Duty on Emamectin Benzoate imposed

Duty on Emamectin Benzoate imposed

The Central Board of Revenue (CBR) has imposed 5 percent regulatory duty (RD) on the import of Emamectin Benzoate in addition to the normal duty applicable on the import of this item with immediate effect.

Published 19 Jan, 2007 12:00am

Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (January 18, 2007).

Published 19 Jan, 2007 12:00am

Duty on Emamectin Benzoate imposed

Duty on Emamectin Benzoate imposed

The Central Board of Revenue (CBR) has imposed 5 percent regulatory duty (RD) on the import of Emamectin Benzoate in addition to the normal duty applicable on the import of this item with immediate effect.

Published 19 Jan, 2007 12:00am

Key stock and currency market movements

Key stock and currency market movements

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).

Published 19 Jan, 2007 12:00am

IC3 at PQA to be operational by February 7

IC3 at PQA to be operational by February 7

Integrated Cargo Container Control (IC3) installed at Port Qasim Authority (PQA), expected to be operational by February 7, this year. The IC3 would help reduce cost of exports to the United States, besides being time efficient.

Published 19 Jan, 2007 12:00am

LME plastic prices

LME plastic prices

LME plastic prices on Wednesday.

Published 19 Jan, 2007 12:00am

Carrying maximum load by labourers: LHC seeks clarification

Carrying maximum load by labourers: LHC seeks clarification

The Lahore High Court (LHC) has issued notice to Secretary Labour Punjab on Wednesday. In the notice Secretary Labour Punjab has been directed to submit reply to the petition filed by a member of the Lahore High Court Bar Association (LHCBA) by February 1

Published 19 Jan, 2007 12:00am

LME plastic prices

LME plastic prices

LME plastic prices on Wednesday.

Published 19 Jan, 2007 12:00am

Supreme Court disposes of Misbah case after agreement

Supreme Court disposes of Misbah case after agreement

The Supreme Court on Thursday disposed of Misbah Irum case after both parties reached an agreement on the basis of compromise.

Published 19 Jan, 2007 12:00am

LME official prices

LME official prices

LME official prices on Wednesday.

Published 19 Jan, 2007 12:00am

Seminar on carrier orientation for women held

Seminar on carrier orientation for women held

A one day seminar on "Carrier Orientation for Women" was held under the auspices of Departmental Committee on Women Entrepreneurs of Sialkot Chamber of Commerce and Industry (SCCI) here on Wednesday.

Published 19 Jan, 2007 12:00am

LME official prices

LME official prices

LME official prices on Wednesday.

Published 19 Jan, 2007 12:00am

Pakistan-Japan business dialogue to open from January 21

Pakistan-Japan business dialogue to open from January 21

In order to discuss the expansion of commercial and economic relations between the two countries, Pakistan-Japan Joint Business-Government Dialogue would be held from January 21 to 23 here at a local hotel.

Published 19 Jan, 2007 12:00am

Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (January 18, 2007).

Published 19 Jan, 2007 12:00am

Anti-polio campaign concludes

Anti-polio campaign concludes

A three-day anti-polio campaign aimed at administering anti-polio drops to children up to five years of age throughout the country including Azad Jammu and Kashmir concluded on Thursday.

Published 19 Jan, 2007 12:00am

Poultry rates

Poultry rates

Wholesale poultry rates on Thursday (January 18, 2007) and for Friday (January 19, 2007).

Published 19 Jan, 2007 12:00am

'Trade between Pakistan and Thailand increasing'

'Trade between Pakistan and Thailand increasing'

Arif Suleman, Thailand Honorary Trade Advisor Pakistan addressing the media here on Thursday averred that trade between Pakistan and Thailand two friendly countries has been increasing rapidly.

Published 19 Jan, 2007 12:00am

Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (January 18, 2007).

Published 19 Jan, 2007 12:00am

Media training workshop today

Media training workshop today

Federal Minister for Information and Broadcasting Muhammad Ali Durrani will be the chief guest of a journalists training workshop enhancing the role of media in security issues in Islamabad on Friday.

Published 19 Jan, 2007 12:00am

Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (January 18, 2007).

Published 19 Jan, 2007 12:00am

Punjab lawyers to boycott courts today

Punjab lawyers to boycott courts today

The lawyers community will boycott the courts across the province on Friday, January 19 to protest against the police for not arresting the culprits involved in the murders of AAG Arif Bhinder and a bar member Niaz Sindhu.

Published 19 Jan, 2007 12:00am

Lahore Paper Market Rates

Lahore Paper Market Rates

Paper market rates in rupees on Thursday (January 18, 2007).

Published 19 Jan, 2007 12:00am

Rs 1 billion SME industries project initiated

Rs 1 billion SME industries project initiated

An action plan costing one billion rupees has been initiated to expand and promote small and medium industries in Punjab. Official sources told Business Recorder here on Thursday that the provincial government had accorded its special attention to

Published 19 Jan, 2007 12:00am

Dollar's rate in interbank market

Dollar's rate in interbank market

Interbank closing rates for dollar on Thursday (January 18, 2007).

Published 19 Jan, 2007 12:00am

UNDP organises workshop on disaster risk

UNDP organises workshop on disaster risk

The DG Local Government Ghulam Mustafa Qureshi on Thursday urged upon the stake-holders to actively participate in various training seminars and workshops to effectively chalk-out national plan of risk reduction.

Published 19 Jan, 2007 12:00am

Kerb buying and selling rate of US dollar

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Thursday (January 18, 2007).

Published 19 Jan, 2007 12:00am

STPP to take part only in fair polls

STPP to take part only in fair polls

Sindh Tarqi Passand Party (STPP) Chairman, Dr Qadir Magsi has said that his party would take part in the coming general elections if held fair and transparent. He said after expressing condolence with a party leader Zameer Leghari over the death of his fa

Published 19 Jan, 2007 12:00am

THE RUPEE: dollar turns softer on currency market

THE RUPEE: dollar turns softer on currency market

Enhanced recovery was witnessed in the rupee's value as it gained six paisa against the dollar in the interbank market on Thursday for buying and selling at 60.84 and 60.85, dealers said.

Published 19 Jan, 2007 12:00am

PPP files reference with NAB against Ejazul Haq

PPP files reference with NAB against Ejazul Haq

Pakistan Peoples Party has lodged a complaint with the National Accountability Bureau (NAB) against federal Minister for Religious Affairs, Ijazul Haq under Section 5 and 18(b) Sub-Section-II of the NAB ordinance 1999 for indulging in corruption and corru

Published 19 Jan, 2007 12:00am

THE RUPEE: dollar turns softer on currency market

THE RUPEE: dollar turns softer on currency market

Enhanced recovery was witnessed in the rupee's value as it gained six paisa against the dollar in the interbank market on Thursday for buying and selling at 60.84 and 60.85, dealers said.

Published 19 Jan, 2007 12:00am

Qazi for unification of like-minded parties

Qazi for unification of like-minded parties

President Muttahida Majlis-e-Amal (MMA) and Amir Jamaat-e-Islami (JI) Qazi Hussain Ahmed has asked the like-minded political parties to unite in order to make anti-government movement a big success.

Published 19 Jan, 2007 12:00am

Textile Weaving: SAMIN TEXTILE LIMITED - Year Ended 30-06-2006

Textile Weaving: SAMIN TEXTILE LIMITED - Year Ended 30-06-2006

It is indeed a pleasure to see that the company has turned the table by posting profit in FY06, the year under review as against loss in FY05, the previous year. This is a commendable performance in the midst of higher finance cost and sui gas cost of gen

Published 19 Jan, 2007 12:00am

'President's re-election by present assemblies against Constitution'

'President's re-election by present assemblies against Constitution'

A central leader of Mutahidda Majlis-i-Amal Liaquat Baloch has said the decision of the federal cabinet to re-elect President by the present assemblies is against the Constitution.

Published 19 Jan, 2007 12:00am

Textile Weaving: SAMIN TEXTILE LIMITED - Year Ended 30-06-2006

Textile Weaving: SAMIN TEXTILE LIMITED - Year Ended 30-06-2006

It is indeed a pleasure to see that the company has turned the table by posting profit in FY06, the year under review as against loss in FY05, the previous year. This is a commendable performance in the midst of higher finance cost and sui gas cost of gen

Published 19 Jan, 2007 12:00am

Industrial towns to have effluent treatment plants

Industrial towns to have effluent treatment plants

The Punjab government has evolved a strategy to ensure pollution-free environment in major industrial towns of the province. Official sources told Business Recorder here on Thursday.

Published 19 Jan, 2007 12:00am

All shares index report

All shares index report

The sector-wise all shares index report on Thursday (January 18, 2007).

Published 19 Jan, 2007 12:00am

Tetra Pak extends euro 5.0 million grant to LUMS

Tetra Pak extends euro 5.0 million grant to LUMS

Tetra Pak, the food processing and packaging company, has extended a grant of Euro 5 million (Pak Rs 395 million) for the expansion of the School of Science and Engineering (SSE) at the Lahore University of Management Sciences (LUMS).

Published 19 Jan, 2007 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Friday (January 19, 2007).

Published 19 Jan, 2007 12:00am

'Cut in POL prices gives relief to masses'

'Cut in POL prices gives relief to masses'

Provincial Minister for Communication & Works and Secretary General Pakistan Muslim League Punjab Chaudhry Zaheer-ud-Din Khan said here on Thursday that by reducing prices of petrol and diesel, federal government has given relief to the people especially

Published 19 Jan, 2007 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Friday (January 19, 2007).

Published 19 Jan, 2007 12:00am

GC University ranks sixth in research work

GC University ranks sixth in research work

The Higher Education Commission of Pakistan has ranked GC University Lahore at number six in the list of 62 universities of public and private sector for the productive research work for the year 2006. GC University Lahore produced 67 international resear

Published 19 Jan, 2007 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Friday (January 19, 2007).

Published 19 Jan, 2007 12:00am

HEC body on social sciences to meet today

HEC body on social sciences to meet today

A meeting of Higher Education Commission's committee on development of social sciences will be held at Punjab University (New Campus) on Friday, January 19 to review the syllabus and development of social sciences and humanities in the public sector unive

Published 19 Jan, 2007 12:00am

BRIndex30 and BR Sectoral Indices

BRIndex30 and BR Sectoral Indices

BRIndex30 and BR Sectoral Indices on Thursday (January 18, 2007).

Published 19 Jan, 2007 12:00am

SAFE team to visit LSE on January 26

SAFE team to visit LSE on January 26

A delegation of South Asian Federation of Exchanges (SAFE) will be visiting Lahore Stock Exchange (LSE) on 26th of this month. The delegation is comprised of Rajni Kant Patel, Chairman SAFE and CEO of Bombay Stock Exchange (BSE); Sanjey Sexena, Senior Vic

Published 19 Jan, 2007 12:00am

Despatch of dividend warrants

Despatch of dividend warrants

Dates of despatch of dividend warrants and bonus share certificates.

Published 19 Jan, 2007 12:00am

M2 registers 3.0 percent growth during July-November

M2 registers 3.0 percent growth during July-November

The broad monetary aggregate (M2) registered a growth of 3.0 percent during July-November FY07 period, which was the same as achieved during the corresponding period of FY06.

Published 19 Jan, 2007 12:00am

Presentation

Presentation

Presentation at KSE auditorium (only for members and an authorised employee of the members).

Published 19 Jan, 2007 12:00am

M2 registers 3.0 percent growth during July-November

M2 registers 3.0 percent growth during July-November

The broad monetary aggregate (M2) registered a growth of 3.0 percent during July-November FY07 period, which was the same as achieved during the corresponding period of FY06.

Published 19 Jan, 2007 12:00am

Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Thursday (January 18, 2007).

Published 19 Jan, 2007 12:00am

SCB and AKD Securities sign MoU

SCB and AKD Securities sign MoU

Standard Chartered Bank Pakistan Limited (SCBPL) and AKD Securities (private) Ltd have signed an MOU, whereby priority banking account holders of SCB who also have online trading account with AKD Trade will be provided with the facility of electronically

Published 19 Jan, 2007 12:00am

BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 19 Jan, 2007 12:00am

Private sector credit growth falls 5.9 percent: SBP report

Private sector credit growth falls 5.9 percent: SBP report

The impact of monetary tightening pursued in FY06 as well as the policy signals through the FY07 changes, is already evident in the slowdown in private sector credit growth, which has dropped to 5.9 percent during July-November FY07 against the 10.9 perce

Published 19 Jan, 2007 12:00am

Board meetings in progress

Board meetings in progress

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

Published 19 Jan, 2007 12:00am

Private sector credit growth falls 5.9 percent: SBP report

Private sector credit growth falls 5.9 percent: SBP report

The impact of monetary tightening pursued in FY06 as well as the policy signals through the FY07 changes, is already evident in the slowdown in private sector credit growth, which has dropped to 5.9 percent during July-November FY07 against the 10.9 perce

Published 19 Jan, 2007 12:00am

Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 19 Jan, 2007 12:00am

CBR cuts duty on some raw materials

CBR cuts duty on some raw materials

The Central Board of Revenue (CBR) has reduced customs duty on a number of raw materials, inputs used in the manufacture of finished products including gypsum board, lead glass tubing, cables/conductors and other goods.

Published 19 Jan, 2007 12:00am

Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 19 Jan, 2007 12:00am

CBR cuts duty on some raw materials

CBR cuts duty on some raw materials

The Central Board of Revenue (CBR) has reduced customs duty on a number of raw materials, inputs used in the manufacture of finished products including gypsum board, lead glass tubing, cables/conductors and other goods.

Published 19 Jan, 2007 12:00am

Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Thursday (January 18, 2007).

Published 19 Jan, 2007 12:00am

Workshop on procurement rules held

Workshop on procurement rules held

District Co-ordination Officer (DCO) Dr Muhammad Khawar Jameel attended a workshop held at District Jamshoro Office. The subject was Implementation of Public Procurement Rules 2004 in District government.

Published 19 Jan, 2007 12:00am

Last date of renunciation/payment

Last date of renunciation/payment

Last dates of renunciation/payment.

Published 19 Jan, 2007 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 27	278.47
USD PKR Interbank Buying / Dec 27	278.22
USD to Japanese Yen / Dec 27	157.88
USD to Swiss Franc / Dec 27	0.90
Pound Sterling to USD / Dec 27	1.25
Euro to USD / Dec 27	1.04

Stock	Volume
S&P 500 / Dec 26	6,037.59
Nasdaq / Dec 26	20,020.36
Dow Jones / Dec 26	43,325.80
India Sensex / Dec 27	78,791.05
Tokyo Nikkei / Dec 27	40,281.16
Hang Seng / Dec 27	20,096.01
FTSE 100 / Dec 27	8,137.45
Germany DAX 30 / Dec 27	19,830.60

Item	Value
Gold 10 Grams PKR / Dec 26	234,911.70
Petrol/Litre / Dec 27	252.10
Crude Oil USD/Barrel / Dec 27	69.54
Karachi Cotton PKR/37.32 KG / Dec 27	17,785
Gold Spot USD/Ounce / Dec 27	2,634.16
Diesel/Litre / Dec 27	255.38

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 27 First Capital Equities Limited(FCEL)	6.10 ▲ 1.00 (19.61%)
Chenab Ltd (Pref) / Dec 27 Chenab Limited (Pref)(CLCPS)	4.50 ▲ 0.60 (15.38%)
Sec. Inv. Bank / Dec 27 Security Investment Bank Limited(SIBL)	7.99 ▲ 1.00 (14.31%)
786 Invest Ltd / Dec 27 786 Investments Limited(786)	8.15 ▲ 1.00 (13.99%)
Chenab Ltd / Dec 27 Chenab Limited(CHBL)	9.61 ▲ 1.00 (11.61%)
Next Capital / Dec 27 Next Capital Limited(NEXT)	10.90 ▲ 1.00 (10.10%)
Image Pakistan / Dec 27 Image Pakistan Limited(IMAGE)	20.31 ▲ 1.85 (10.02%)
Baba Farid Sugar / Dec 27 Baba Farid Sugar Mills Limited(BAFS)	53.08 ▲ 4.83 (10.01%)
Biafo Ind. / Dec 27 Biafo Industries Limited(BIFO)	208.88 ▲ 18.99 (10.00%)

Stock	Price
Burj Clean Energy Modaraba / Dec 27 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.10 ▼ -1.00 (-10.99%)
Blue-Ex Ltd / Dec 27 Blue-Ex Limited (GEM)(GEMBLUEX)	40.15 ▼ -4.46 (-10.00%)
Al-Khair Gadoon / Dec 27 Al-Khair Gadoon Limited(AKGL)	41.71 ▼ -4.63 (-9.99%)
Leiner Pak Gelat / Dec 27 Leiner Pak Gelatine Limited(LPGL)	131 ▼ -14.19 (-9.77%)
Jauharabad Sug / Dec 27 Jauharabad Sugar Mills Limited(JSML)	21 ▼ -2.10 (-9.09%)
Aruj Industries / Dec 27 Aruj Industries Limited(ARUJ)	8.62 ▼ -0.86 (-9.07%)
First Imrooz Mod. / Dec 27 First Imrooz Modaraba(FIMM)	200.20 ▼ -19.80 (-9.00%)
MithchellsFruit / Dec 27 Mitchells Fruit Farms Limited(MFFL)	243 ▼ -23.05 (-8.66%)
Grays Leasing / Dec 27 Grays Leasing Limited(GRYL)	5.71 ▼ -0.48 (-7.75%)

Stock	Volume
Fauji Foods Ltd / Dec 27 Fauji Foods Limited(FFL)	104,369,036 ▲ 0.78
WorldCall Telecom / Dec 27 Worldcall Telecom Limited(WTL)	72,731,608 ▲ 0.00
TRG Pak Ltd / Dec 27 TRG Pakistan Limited(TRG)	46,907,628 ▲ 1.54
Cnergyico PK / Dec 27 Cnergyico PK Limited(CNERGY)	40,110,243 ▲ 0.30
Hascol Petrol / Dec 27 Hascol Petroleum Limited(HASCOL)	34,416,789 ▲ 0.06
B.O.Punjab / Dec 27 The Bank of Punjab(BOP)	30,318,392 ▲ 0.04
Ghani Chem. Ind. / Dec 27 Ghani Chemical Industries Limited(GCIL)	26,183,062 ▲ 0.50
Sui South Gas / Dec 27 Sui Southern Gas Company Limited(SSGC)	25,823,481 ▲ 3.11
Silk Bank Ltd / Dec 27 Silkbank Limited(SILK)	25,520,925 ▼ -0.08

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