News Archives for Print - 2007-01-21

Print - 2007-01-21

Russia and Algeria see 'gas Opec' premature

Two of top European gas suppliers, Russia and Algeria, sought to calm fears among their consumers on Saturday that they plan to set up an Opec-like cartel for the gas industry.

Published 21 Jan, 2007 12:00am

Reliance third quarter profit surges

Reliance Industries Ltd, India's top private oil refiner and petrochemical maker, beat forecasts with a 58 percent rise in quarterly net profit driven by higher margins in refining and petrochemicals.

Published 21 Jan, 2007 12:00am

Reliance third quarter profit surges

Published 21 Jan, 2007 12:00am

Meat imports: Poland to keep veto on EU-Russia talks

Poland will uphold its veto on talks for a new partnership agreement between the European Union and Russia until Moscow lifts its ban on Polish meat imports, Warsaw's Agriculture Minister Andrzej Lepper said on Saturday.

Published 21 Jan, 2007 12:00am

Iran wants gasoline rationing from March

Iran's interior minister said on Saturday the government wants to ration gasoline for the next Iranian year beginning March 21 despite parliament's wish to introduce dual pricing instead.

Published 21 Jan, 2007 12:00am

Internet giants join human rights groups to champion online rights

A pair of US human rights groups said on Friday that they were working with Google, Yahoo, Microsoft and Vodafone to protect civil liberties online.

Published 21 Jan, 2007 12:00am

Airbus has fixed A380 cable problem

European planemaker Airbus, which has been hit by major project delays, said on Saturday it had fixed problems surrounding the cables of its A380 superjumbo. "We have finished the electrical installation," said Airbus spokesman Tore Prang, confirming an e

Published 21 Jan, 2007 12:00am

EU to back top three eurozone economies' fiscal plans

The European Commission next week will back deficit and debt-cutting plans from Germany, France and Italy but also urge them to use the economic upswing for more ambitious austerity efforts, draft documents showed.

Published 21 Jan, 2007 12:00am

Germany opposes EU utility unbundling idea

German Foreign Minister Frank-Walter Steinmeier was quoted on Saturday as saying he opposed European Commission proposals on unbundling the ownership of energy networks in the European Union. "In my opinion, it's an unacceptable proposal for us," Steinmei

Published 21 Jan, 2007 12:00am

Canadian bond prices slip

The Canadian bond prices slipped on Friday, but outperformed US Treasuries, due to the tepid domestic data. Bond prices have generally been in retreat of late as the market has priced out previously expected interest rate cuts.

Published 21 Jan, 2007 12:00am

Canadian bond prices slip

Published 21 Jan, 2007 12:00am

Emerging debt risk spreads tighten

Emerging markets risk spreads tightened on Friday as investors continued to pour money into high-yielding bonds despite a rise in safe-haven US Treasuries yields.

Published 21 Jan, 2007 12:00am

Emerging debt risk spreads tighten

Emerging markets risk spreads tightened on Friday as investors continued to pour money into high-yielding bonds despite a rise in safe-haven US Treasuries yields.

Published 21 Jan, 2007 12:00am

Mexican stocks finish firmer

The Mexico's benchmark IPC stock index rose 0.38 percent to 26,213.38 points on Friday. The Conglomerate Group Carso, an industrial and retail holding company controlled by Mexican tycoon Carlos Slim, climbed 3.33 percent to 39.14 pesos.

Published 21 Jan, 2007 12:00am

Toronto index jumps

The Toronto Stock Exchange's main index rose almost 80 points on Friday as a rebound in commodity prices helped energy and mining shares push the benchmark to finish a flat week on a positive note.

Published 21 Jan, 2007 12:00am

Reinsurer IPOs line up amid bright outlook

Four reinsurers, flush from a year without catastrophic storms and with higher premiums, are set to test investor enthusiasm with a series of US stock listings.

Published 21 Jan, 2007 12:00am

Reinsurer IPOs line up amid bright outlook

Four reinsurers, flush from a year without catastrophic storms and with higher premiums, are set to test investor enthusiasm with a series of US stock listings.

Published 21 Jan, 2007 12:00am

European Stocks: investors limber up for key earnings

Investors will wade into a stream of European company results next week to help judge if shares will continue to test six-year highs, while weighing economic data to tell if interest rates could pose a health risk to those levels.

Published 21 Jan, 2007 12:00am

Argentine stocks soar

Argentine stocks rebounded after three straight days of losses, closing up on Friday after higher crude oil prices helped boost shares in locally traded energy-related companies, traders said.

Published 21 Jan, 2007 12:00am

Chile stocks close week on new record high

Chile stocks closed higher in brisk trade for a seventh consecutive session on Friday, as investor demand remained strong. The all-market IGPA rose 0.44 percent to 12,725.99 points, while the trade-weighted blue chip IPSA index advanced 0.66 percent to 2,

Published 21 Jan, 2007 12:00am

US Treasuries tumble

US Treasury debt prices fell on Friday after a surprisingly strong reading of January consumer sentiment reinforced the view that the Federal Reserve will not cut official interest rates anytime soon.

Published 21 Jan, 2007 12:00am

US Treasuries tumble

Published 21 Jan, 2007 12:00am

Brazil stocks rise

Brazil's stocks rose on Friday, helped by gains in state-run oil giant Petrobras, which got a coveted investment-grade rating by Standard & Poor's. The Sao Paulo Stock Exchange's benchmark Bovespa index rose 2.24 percent to a preliminary close of 43,427 p

Published 21 Jan, 2007 12:00am

American credit market outlook

Altria Group Inc's credit spreads may still have room to tighten once the cigarette maker announces its spinoff of Kraft Foods Inc, but its bonds may already have priced in much of the future credit improvement. Altria, the parent of Philip Morris USA, ha

Published 21 Jan, 2007 12:00am

American credit market outlook

Published 21 Jan, 2007 12:00am

Nasdaq and S&P finish firmer

The S&P 500 and the Nasdaq Composite ended higher on Friday after a rebound in oil prices boosted energy shares and a chip maker's forecast-beating results revived semiconductor stocks.

Published 21 Jan, 2007 12:00am

Hong Kong December CPI seen rising 2.3 percent

Hong Kong's composite consumer price index (CPI) probably rose 2.3 percent in December from a year earlier, accelerating from November as a weak Hong Kong dollar boosted the price of imported goods, a Reuters survey shows. In November, the index increased

Published 21 Jan, 2007 12:00am

Easy money in Asia prompts tailored policies

Asian central banks are using tailored policies to combat the threat from a flood of easy money, keen to avoid interest rate rises given that headline inflation and economic growth are expected to ease.

Published 21 Jan, 2007 12:00am

Dollar ends little changed in New York

The US dollar ended little changed on Friday, giving up on early gains seen after a stronger-than-expected US consumer sentiment report, as traders sold the currency as a six week rally began to wane.

Published 21 Jan, 2007 12:00am

Forex market views, key levels

Following is a selection of comments from analysts on important technical developments in the foreign exchange markets.

Published 21 Jan, 2007 12:00am

China reaffirms goal of boosting strategic imports

China will redouble efforts to trim its trade surplus by encouraging the import of strategic resources and high-technology products while restricting exports of energy-intensive goods, government officials said on Saturday.

Published 21 Jan, 2007 12:00am

IMM speculators raise yen shorts to record high

Currency speculators built up record bets against the yen in the week to Tuesday and extended their overall positions in favour of the dollar, data from the Commodity Futures Trading Commission shows.

Published 21 Jan, 2007 12:00am

Malaysian leads at Pakistan Open

Airil Zahari of Malaysia produced a course record-equalling eight-under-par 64 on Saturday to open up a three-shot lead after the third round of the Pakistan Open, the first event of the 2007 Asian Tour.

Published 21 Jan, 2007 12:00am

World Cup groups, fixtures

Groups and fixtures for 2007 cricket World Cup:

Published 21 Jan, 2007 12:00am

Pakistan World Cup form guide

Pakistan remain the most enigmatic team, having the ability to defy odds and then performing much below their potential. No opposition can afford to relax against Inzamam-ul-Haq's unpredictable side.

Published 21 Jan, 2007 12:00am

Sharapova, Nadal ruthless as Hewitt crashes out

Maria Sharapova and Rafael Nadal cut a swathe through the third round of the Australian Open Saturday but Australian drawcard Lleyton Hewitt crashed out. Former champion and sixth seed Martina Hingis was also in ominous form, as was fourth seed Kim Clijst

Published 21 Jan, 2007 12:00am

Inzamam puts Pakistan in driving seat

Pakistan captain Inzamam-ul-Haq put his side in control on the second day of the second Test against South Africa at St George's Park Saturday.

Published 21 Jan, 2007 12:00am

Bomb kills two in Assam

A motorcycle bomb killed two people and wounded seven in a crowded market in India's troubled north-eastern state of Assam on Saturday, police said. They said suspected rebels belonging to the separatist United Liberation Front of Asom (ULFA) were behind

Published 21 Jan, 2007 12:00am

DNA confirms Abu Sayyaf chief killed

The Philippines military braced for possible revenge attacks on Saturday after DNA testing confirmed the leader of the Abu Sayyaf extremist group had been killed in a clash with troops.

Published 21 Jan, 2007 12:00am

Shilpa in, Jade ejected over racism row

The eviction of a British reality TV show contestant accused of racism and bullying was cast on Saturday as a victory of good over bad, and took the sting out of the international furore over "Celebrity Big Brother".

Published 21 Jan, 2007 12:00am

US and Japan hope for progress at North Korea talks

US and Japanese envoys to six-country talks on ending North Korea's nuclear arms programmes expressed hope on Saturday that the next round could make progress, after Washington and Pyongyang had meetings in Berlin.

Published 21 Jan, 2007 12:00am

More conflict in Somalia, four dead

Somali gunmen battled government and Ethiopian troops on Saturday in a crowded Mogadishu market, killing four people in the latest flare-up after a war that ousted Islamists, witnesses and officials said.

Published 21 Jan, 2007 12:00am

Ousted Thai Prime Minister calls for amnesty, forgiveness

Exiled Prime Minister Thaksin Shinawatra, ousted in the country's first coup in 15 years, has urged Thailand's revered king to draw a veil over the past in the interest of national unity, CNN reported on Saturday.

Published 21 Jan, 2007 12:00am

Man sentenced to death for China hospital blast

A Chinese court has given a man a suspended death sentence for storing dynamite at a hospital, causing an explosion that killed 35 people and injured dozens of others, Xinhua news agency said on Saturday.

Published 21 Jan, 2007 12:00am

Vatican extends diplomatic olive branch to Beijing

The Vatican urged China's communist government on Saturday to engage in constructive dialogue to ease tension and achieve full diplomatic relations and a normal life for the Roman Catholic Church there.

Published 21 Jan, 2007 12:00am

Sadr's group accuses US of provoking confrontation

Shia cleric Moqtada al-Sadr's political movement accused Washington on Saturday of trying to provoke a confrontation by arresting of one of its key figures.

Published 21 Jan, 2007 12:00am

Molecular medicine research to start in Pakistan: Soomro

Molecular medicine, an emerging field of medical science in Pakistan, would play an important role in the human health soon. Chairman Senate and Acting President Mohammadmian Soomro said this at the inauguration ceremony of the workshop on "Molecular Medi

Published 21 Jan, 2007 12:00am

People to re-elect present ruling set up in coming elections: Saifullah

Federal Minister for Inter-Provincial Co-ordination, Salim Saifullah Khan has said that people would re-elect the present ruling set up at the centre with huge majority in the general elections and reject those elements that have cheated them in the name

Published 21 Jan, 2007 12:00am

'Investment atmosphere very conducive in Pakistan'

Switzerland intends to invest 100 million dollar to set up a maize-based ethanol plant near Port Qasim in Sindh for ethanol export to international destinations.

Published 21 Jan, 2007 12:00am

PESCO announces power suspension schedule

Due to necessary repair and maintenance work, power supply from 132 KV Peshawar University Grid Station will remain suspended on January 22 from 8am to 12pm, therefore, the consumers of 11 KV Hayatabad-IV feeder will face inconvenience.

Published 21 Jan, 2007 12:00am

Religious Affairs Ministry clarification

The spokesperson of the Ministry of Religious Affairs, Zakat and Usher on Saturday said that a news item published in a section of press, which says sending of Hujjaj through private Haj organisers was over and above the quota, as such 100,000 Hujjaj perf

Published 21 Jan, 2007 12:00am

Crop maximisation project to be launched in 13,000 villages: Bosan

Crop Maximisation Project, aimed at increasing production, is being launched in the country at a cost of Rs 8 billion, said federal minister for Food, Agriculture and Livestock, Sikandar Hayat Bosan, here on Saturday.

Published 21 Jan, 2007 12:00am

'Under construction road creating hurdles for tourists'

NWFP Minister for Tourism and Culture, Hussain Ahmad Kanju said on Saturday that the under construction Malakand-Swat road has become major hurdle in the promotion of tourism and access of tourists to attractive places of Dir and scenic valley Swat of the

Published 21 Jan, 2007 12:00am

Where globalisation seems a world away

Wubit Shiferaw blanches at the smell from the open latrine pit that passes beneath her feet in her Addis Ababa slum dwelling and declares: "The conditions are simply just unbearable."

Published 21 Jan, 2007 12:00am

Old buses

City Government has removed illegal encroachments and constructed bridges, Flyover's to keep Karachi beautiful and clean. No doubt they are doing well.

Published 21 Jan, 2007 12:00am

Encroachments in Attock

For the shopkeepers encroachments of footpaths, roads are backed up by the Tehsil Administration in Attock city. A nominal fee is collected by the administration and footpaths, including roads, are encroached by petty shopkeepers who display their goods.

Published 21 Jan, 2007 12:00am

The plight of pensioners

A startling article appeared in an English daily on January 16, 2007 about the plight of the elderly persons who once served this country. Many might have gone across the horizon, leaving their widows squatting, standing with dazed eyes awaiting the much-

Published 21 Jan, 2007 12:00am

Teenagers hide as Russian army comes knocking

When the bell of the Zuyevs' small Moscow apartment rang one evening in December, 19-year-old Andrei was right to fear the worst. "It was 10 in the evening.

Published 21 Jan, 2007 12:00am

The Network consumer report on medical tourism-I

Medical tourism is a cover up for cheap kidney bazaar. The government of Pakistan has recently adopted a policy to promote medical tourism in the country. It has waived off duties and taxes on import of certain machinery and medicines in support of the to

Published 21 Jan, 2007 12:00am

New hope for sugar consumers

According to a news report appearing on January 19, the Ministry of Food, Agriculture and Livestock (Minfal) and Pakistan Sugar Mills Association (PSMA) have agreed to link sugar price with cane recovery from the next crushing season.

Published 21 Jan, 2007 12:00am

Quandary on the edible oil front

With mutually contradictory claims of the government and the Pakistan Vanaspati Manufacturers Association, on the outcome of the recent talks the association had with Industries and Production Minister Jahangir Khan Tareen, and Central Board of Revenue Ch

Published 21 Jan, 2007 12:00am

Salman optimistic about economy

Advisor to Prime Minister on Finance Dr Salman Shah Saturday said he was optimistic about the prospects of the Pakistani economy as the rising middle-class is creating new opportunities for investment and jobs. Talking in a PTV programme, he said, "the ex

Published 21 Jan, 2007 12:00am

Madrassah reforms programme finalised

The Punjab government has finalised Madrassah Reforms Programme under which educational facilities at these institutes will be improved along with the induction of qualified staff. Punjab Minister for Auqaf Sahibzada Syed Saeed ul Hassan Shah said this wh

Published 21 Jan, 2007 12:00am

Railways to rehabilitate power stations: Rashid

Pakistan Railways is rehabilitating its power stations in five big cities of the country and in this regard it will invite bids from foreign companies on equity basis. Announcing this at news conference Railways Minister Sh. Rashid Ahmed said here on Satu

Published 21 Jan, 2007 12:00am

Security beefed up in Rawalpindi for Muharram

The Government has beefed up security in Rawalpindi in view of Muharram and decided to deploy 4,871 police in district along with personnel from other law enforcing agencies, said Raja Javed Ikhlas, City District Nazim Rawalpindi here on Saturday.

Published 21 Jan, 2007 12:00am

Customers care centers of Wasa at Shah Jamal to be reopened

Punjab Minister for Tourism Mian Aslam Iqbal has said that all the pipelines currently being used for water supply and sewerage system at the localities of Ichra, Samanabad, Shadman and Shah Jamal.

Published 21 Jan, 2007 12:00am

PIA holds 3rd national travel agents awards ceremony

Pakistan International Airlines (PIA) held its 3rd Top Fifty Travel Agents Awards Ceremony on Thursday, at the PIA Training Center, Auditorium. The Senior Vice President, Sales, welcomed the guests, and appraised the audience that the awards will be in th

Published 21 Jan, 2007 12:00am

'Sino-Pak friendship important for economic uplift'

Punjab Chief Minister Chaudhry Pervaiz Elahi has said that the Sino-Pak friendship and the mutual co-operation between the two countries is extremely important regarding the world peace and the economic development of the country.

Published 21 Jan, 2007 12:00am

Punjab government to provide land for software park

Punjab government would provide land to Pakistan Information Technology Board (PITB) for establishing a Software Technology Park (STP) in Rawalpindi, said Muhammad Basharat Raja, Provincial Minister for Local Government, Rural Development, Law and Parliam

Published 21 Jan, 2007 12:00am

SAHR to hold human rights moot in March

South Asian for Human Rights (SAHR) would hold a three-day conference entitled 'Regional Consultation' on March 16. Asma Jhangir, SAHR Pakistan Co-Chairperson, disclosed this while talking to newsmen here on Saturday, after a meeting of SAHR that discusse

Published 21 Jan, 2007 12:00am

SCB, Citizen Foundation to support 600 students till graduation

Standard Chartered Bank Pakistan limited and The Citizen Foundation have signed an agreement to support 600 post-matriculate students till graduation, it was learnt on Saturday.

Published 21 Jan, 2007 12:00am

Vice chancellor calls close cooperation among Muslim countries

Vice chancellor, University of Veterinary and Animal Sciences (UVAS) Lahore, Professor Dr Manzoor Ahmad has called for close co-operation in knowledge-sharing among the Muslim countries.

Published 21 Jan, 2007 12:00am

Co-curricular activities improve student's capabilities

Advisor to Punjab Chief Minister Saba Sadiq has said that co-curricular activities like fun fair polish the hidden capabilities of the younger generation and especially girl students can get more benefit from such type of events.

Published 21 Jan, 2007 12:00am

Establishment of telemedicine centres under study

With a view to providing modern healthcare facilities to people particularly of rural and far flung areas, the Punjab government, under the Chief Minister's Vision - Health for All - is considering a proposal for establishment of telemedicine centres acro

Published 21 Jan, 2007 12:00am

15,000 people in Pakistan facing renal failure every year

With an estimated 15,000 people in Pakistan are facing renal failure every year, there is dire need to regulate kidney transplantation in the country through a comprehensive law instead of imposing a complete ban over kidney transplant.

Published 21 Jan, 2007 12:00am

US diplomat killing case hearing adjourned

Anti-Terrorism Court, Karachi on Saturday adjourned hearing of United States diplomat killing trial case against two al Qaeeda suspects after examination of two prosecution witnesses.

Published 21 Jan, 2007 12:00am

Housing ministry seeks details about real estate trust

Federal Minister for Housing and Works Syed Safwanullah has said that his Ministry has asked the Securities & Exchange Commission of Pakistan (SECP) to provide detailed information on Real Estate Investment Trust (REIT) to run this industry in a transpare

Published 21 Jan, 2007 12:00am

PTCL suffers millions loss from damage in uplift works

Pakistan Telecommunication Company Limited (PTCL) on Saturday said that 24070 telephone lines went faulty within one week and major network suffered due to damage to underground cables during the unplanned development activities continuing in various area

Published 21 Jan, 2007 12:00am

Twin Island issue: chief minister asks Altaf to withdraw MQM minister from MoU

Sindh Chief Minister Dr Arbab Ghulam Rahim has thanked Altaf Hussain for taking stance on the issue of the twin islands` ownership, declaring them as property of Sindh. However, he asked him to direct the MQM minister, who had signed the MoU, to withdraw

Published 21 Jan, 2007 12:00am

People urged to observe Muharram with religious sanctity

Sindh Chief Minister Dr Arbab Ghulam Rahim has urged people of Sindh to observe holy month of Muharram with religious sanctity and respect throughout the province.

Published 21 Jan, 2007 12:00am

Four PIA employees rewarded for exemplary service

PIA Chairman and CEO Tariq Kirmani honoured and awarded cash prizes to four PIA employees--one Aircraft Engineer, one Pax Services Officer, one Security Guard, and one Baggage Attendant--in a simple ceremony held in his office at the PIA Headquarters on T

Published 21 Jan, 2007 12:00am

Need stressed to change mental attitude towards new technologies

Tanvir Ahmad Sheikh, President, FPCCI said to meet the challenges of globalisation we need to change our mental attitude and give first priority to adopt new technologies. He was addressing the participants of National Defence Course 2006-07 who visited F

Published 21 Jan, 2007 12:00am

APHC leader wants Kashmiri participation in peace dialogue

Chairman of All Parties Hurriyat Conference (APHC) Mirwaiz Omer Farooq on Saturday said that tripartite dialogue involving Pakistan, India and Kashmiri people is vital to find a durable solution to the long-running Kashmir dispute.

Published 21 Jan, 2007 12:00am

Centre breaches accord on hydel profit: Fazl

The Leader of the Opposition in the National Assembly Maulana Fazl-ur-Rehman on Saturday charged the federal government of violating agreement with the provincial government. He said that it was agreed that none of the party would challenge the decision o

Published 21 Jan, 2007 12:00am

Rs 11 billion to be spent on uplift schemes in Lahore: Nazim

District Nazim Mian Amer Mahmood has said that an amount of Rs 11 billion would be spent in next three years for providing high-quality civic amenities to the people of Lahore under a special package of Punjab Chief Minister Chaudhry Pervez Elahi.

Published 21 Jan, 2007 12:00am

Durrani approves Rs 716 million for uplift schemes

Chief Minister NWFP Akram Khan Durrani on Saturday approved release of Rs716.664 million for construction of Chitral bypass, expansion of irrigation scheme in Booni and completion of the Phase-II of the water supply and sanitation schemes NWFP.

Published 21 Jan, 2007 12:00am

Arrangements being finalised to preserve Iqbal Manzil

District Co-ordination Officer (DCO) Sialkot Rizwan Ullah Baig has said that necessary arrangements were being given final touches for maintaining Iqbal Manzil Sialkot (the birth place of Allama Iqbal).

Published 21 Jan, 2007 12:00am

'Hamara Karachi' festival to create harmony among public: Nasreen

The 'Hamara Karachi' festival was aimed to bring the public of the metropolis closer to one another and to highlight the Karachi's cultural and historical heritage. Addressing a press conference on Saturday at Karachi Press Club (KPC) Naib Nazim Nasreen J

Published 21 Jan, 2007 12:00am

Nazim wants traffic police under CDGK

City Nazim Syed Mustafa Kamal has called for bringing the traffic police under the direct authority of the City District Government Karachi (CDGK) to cope with the increasing traffic problems in a proper manner across the metropolis.

Published 21 Jan, 2007 12:00am

Asma Anisa new envoy to France

The government has appointed Asma Anisa as Pakistan's ambassador to France, said a Foreign Office notification on Saturday. Asma Anisa holds Masters degree in Philosophy, and Defence and Strategic Studies.

Published 21 Jan, 2007 12:00am

Shaukat meets former Prime Minister of Norway

Prime Minister Shaukat Aziz on Saturday emphasised the need to promote interfaith harmony and find the solution to economic and social security problems to tackle the issue of extremism. He was talking to former Prime Minister of Norway Kjell Magne Bondev

Published 21 Jan, 2007 12:00am

Rehabilitation centres to eliminate forced labour

Pakistan Bait-ul-Mal (PBM) has established 134 National Centres for Rehabilitation of Child Labour (NCRCL) to eliminate forced labour in the country.

Published 21 Jan, 2007 12:00am

Balochs assured of government's deep commitment for province's uplift

The spokesman for the Government of Balochistan, Raziq Bugti, said on Saturday that the present government, particularly President General Pervez Musharraf, has a deep commitment to uplift the living conditions of the Baloch people, and a number of steps

Published 21 Jan, 2007 12:00am

Security plan for Muharram finalised

The Sialkot district administration has prepared a foolproof security plan for maintaining the law and order during the month of Muharram in Sialkot, Daska, Pasrur and Daska tehsil of the district said District Co-ordination Officer Rizwan ullah Baig.

Published 21 Jan, 2007 12:00am

Peace committee members meet NWFP governor

A 15-member peace committee of North Waziristan called on the NWFP Governor Lieutenant. General Ali Muhammad Jan Aurakzai (Retd) at Governor's House here on Saturday to review the state of implementation of peace agreement of North Waziristan. Officials o

Published 21 Jan, 2007 12:00am

Prime Minister appeals for peace during Muharram

Prime Minister Shaukat Aziz has appealed to Ulema of various schools of thought to ensure peace, harmony across the country during month of Muharram, which holds special significance and sanctity for the Muslims.

Published 21 Jan, 2007 12:00am

President urges nation to shun sectarianism and extremism

President General Pervez Musharraf has urged the nation to rise above petty differences, sectarianism and extremism, by adhering to the golden principles of Islam. In a message to the nation on the advent of new Islamic year, the President said.

Published 21 Jan, 2007 12:00am

'Tourism third source of revenue in world'

Punjab Governor Lieutenant General Khalid Maqbool (Retd) has said that tourism is third source of revenue in the world; similarly if it is developed in Pakistan it could earn a huge amount of revenue for national exchequer.

Published 21 Jan, 2007 12:00am

Islamic financial market workshops from January 24

The International Islamic Financial Market and Islamic Research and Training Institute are organising a highly specialised, technical conference and workshops on Islamic financial markets on January 24 and 25, 2007 in Karachi at the Marriott Hotel.

Published 21 Jan, 2007 12:00am

Thar Express to run from March 10

India refusing to run Thar Express from March 3 has given the new date of March 10, while the Federal Minister for Railways, Sheikh Rashid Ahmad said that at first the passenger train would be run on Khokharapar-Mobabao route and, thereafter, the freight

Published 21 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	157.87
USD to Swiss Franc / Dec 27	0.90
Pound Sterling to USD / Dec 27	1.26
Euro to USD / Dec 27	1.04

Stock	Volume
S&P 500 / Dec 27	5,970.84
India Sensex / Dec 27	78,699.07
Tokyo Nikkei / Dec 27	40,281.16
Nasdaq / Dec 27	19,238.48
Hang Seng / Dec 27	20,090.46
FTSE 100 / Dec 27	8,149.78
Dow Jones / Dec 27	42,992.21
Germany DAX 30 / Dec 27	19,984.32

Item	Value
Crude Oil USD/Barrel / Dec 27	70.60
Gold 10 Grams PKR / Dec 27	234,225
Gold Spot USD/Ounce / Dec 27	2,621.40
Cotton US¢/pound / Dec 27	68.89
Karachi Cotton PKR/37.32 KG / Dec 28	17,785
Petrol/Litre / Dec 29	252.10

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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