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Print - 2007-01-23
Two oil and gas exploration licences granted

Two oil and gas exploration licences granted

The government on Monday granted two petroleum exploration licences to the joint venture of Orient Petroleum International Inc (OPII) and Zaver Petroleum Corporation Limited (ZPCL) over Marwat Block 3170-2 and Maharvi Block 2972-3, covering areas of 1792.
Published 23 Jan, 2007 12:00am
Presentation

Presentation

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

Published 23 Jan, 2007 12:00am
Two oil and gas exploration licences granted

Two oil and gas exploration licences granted

The government on Monday granted two petroleum exploration licences to the joint venture of Orient Petroleum International Inc (OPII) and Zaver Petroleum Corporation Limited (ZPCL) over Marwat Block 3170-2 and Maharvi Block 2972-3, covering areas of 1792.
Published 23 Jan, 2007 12:00am
Member To Member

Member To Member

Members have subsequently reported the transactions on Monday (January 22, 2007).

Published 23 Jan, 2007 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Monday (January 22, 2007).

Published 23 Jan, 2007 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 23 Jan, 2007 12:00am
Engro earns Rs 2.54 billion profit

Engro earns Rs 2.54 billion profit

Engro Chemical Pakistan Limited (Engro) has announced final cash dividend at Rs 3 per share ie 30 percent, for the year ending on December 31, 2006. It is in addition to the already paid dividend at Rs 6 per share ie 60 percent. Total dividend announced b
Published 23 Jan, 2007 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 23 Jan, 2007 12:00am
Engro earns Rs 2.54 billion profit

Engro earns Rs 2.54 billion profit

Engro Chemical Pakistan Limited (Engro) has announced final cash dividend at Rs 3 per share ie 30 percent, for the year ending on December 31, 2006. It is in addition to the already paid dividend at Rs 6 per share ie 60 percent. Total dividend announced b
Published 23 Jan, 2007 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 23 Jan, 2007 12:00am
Engro earns Rs 2.54 billion profit

Engro earns Rs 2.54 billion profit

Engro Chemical Pakistan Limited (Engro) has announced final cash dividend at Rs 3 per share ie 30 percent, for the year ending on December 31, 2006. It is in addition to the already paid dividend at Rs 6 per share ie 60 percent. Total dividend announced b
Published 23 Jan, 2007 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Monday (January 22, 2007).

Published 23 Jan, 2007 12:00am
Engro earns Rs 2.54 billion profit

Engro earns Rs 2.54 billion profit

Engro Chemical Pakistan Limited (Engro) has announced final cash dividend at Rs 3 per share ie 30 percent, for the year ending on December 31, 2006. It is in addition to the already paid dividend at Rs 6 per share ie 60 percent. Total dividend announced b
Published 23 Jan, 2007 12:00am
100 killed in Baghdad car bomb carnage

100 killed in Baghdad car bomb carnage

Two car bombs ripped through a second-hand market in a poor district of Baghdad on Monday, killing 100 Iraqis in the latest carnage unleashed in the capital despite a new make-or-break US security plan.
Published 23 Jan, 2007 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 23 Jan, 2007 12:00am
100 killed in Baghdad car bomb carnage

100 killed in Baghdad car bomb carnage

Two car bombs ripped through a second-hand market in a poor district of Baghdad on Monday, killing 100 Iraqis in the latest carnage unleashed in the capital despite a new make-or-break US security plan.
Published 23 Jan, 2007 12:00am
Iron ore production goes up in Punjab

Iron ore production goes up in Punjab

The annual production of iron ore has been increased up to 60,000 tonnes in Punjab, and will be further increased next year with the discovery of new reserves. Punjab Mines and Minerals (M&M) Minister Sibtain Khan stated this, while presiding over a depar
Published 23 Jan, 2007 12:00am
Iron ore production goes up in Punjab

Iron ore production goes up in Punjab

The annual production of iron ore has been increased up to 60,000 tonnes in Punjab, and will be further increased next year with the discovery of new reserves. Punjab Mines and Minerals (M&M) Minister Sibtain Khan stated this, while presiding over a depar
Published 23 Jan, 2007 12:00am
Iron ore production goes up in Punjab

Iron ore production goes up in Punjab

The annual production of iron ore has been increased up to 60,000 tonnes in Punjab, and will be further increased next year with the discovery of new reserves. Punjab Mines and Minerals (M&M) Minister Sibtain Khan stated this, while presiding over a depar
Published 23 Jan, 2007 12:00am
Customs collectors directed to dispose of pending cases

Customs collectors directed to dispose of pending cases

CBR Chairman M Abdullah Yusuf has directed the collectors of customs to dispose of pending cases of importers, who submitted various types of financial securities like indemnity bond, post-dated cheque, corporate guarantee, undertaking, insurance/bank gua
Published 23 Jan, 2007 12:00am
Customs collectors directed to dispose of pending cases

Customs collectors directed to dispose of pending cases

CBR Chairman M Abdullah Yusuf has directed the collectors of customs to dispose of pending cases of importers, who submitted various types of financial securities like indemnity bond, post-dated cheque, corporate guarantee, undertaking, insurance/bank gua
Published 23 Jan, 2007 12:00am
Customs collectors directed to dispose of pending cases

Customs collectors directed to dispose of pending cases

CBR Chairman M Abdullah Yusuf has directed the collectors of customs to dispose of pending cases of importers, who submitted various types of financial securities like indemnity bond, post-dated cheque, corporate guarantee, undertaking, insurance/bank gua
Published 23 Jan, 2007 12:00am
Kashmiris' struggle enters decisive stage: APHC

Kashmiris' struggle enters decisive stage: APHC

Indigenous armed struggle of the people of Indian Occupied Kashmir has taken this issue out of cold storage and internationalised it, said Abdul Hameed Lone, a senior leader of All Parties Hurriyat Conference (APHC) here on Monday.
Published 23 Jan, 2007 12:00am
'Canada ready to equip Pakistan with technologies'

'Canada ready to equip Pakistan with technologies'

Canada is ready to equip Pakistan with latest technology in oil/gas and power sectors to overcome the shortage of energy being faced by the country. President Pakistan-Canada Business Council Anwar Merchant stated this while speaking at Lahore Chamber of
Published 23 Jan, 2007 12:00am
ADB to study power trade potential in central, south Asia

ADB to study power trade potential in central, south Asia

The Asian Development Bank (ADB) is providing a $3 million technical assistance grant to study the potential for regional electricity trading that would help optimise utilisation of power resources in both Central and South Asia.
Published 23 Jan, 2007 12:00am
Dr Reddy's profit triples

Dr Reddy's profit triples

Indian drugs firm Dr Reddy's Laboratories Ltd beat market forecasts with a tripling of net profit for the December quarter, and said it was looking at good growth despite pricing pressures in the US market.
Published 23 Jan, 2007 12:00am
Dr Reddy's profit triples

Dr Reddy's profit triples

Indian drugs firm Dr Reddy's Laboratories Ltd beat market forecasts with a tripling of net profit for the December quarter, and said it was looking at good growth despite pricing pressures in the US market.
Published 23 Jan, 2007 12:00am
Credit Suisse proposes $6.4 billion share buyback

Credit Suisse proposes $6.4 billion share buyback

Credit Suisse said on Monday it will propose returning up to 8.0 billion Swiss francs ($6.4 billion) to shareholders over three years and its chief executive firmly ruled out making any big acquisitions.
Published 23 Jan, 2007 12:00am
Credit Suisse proposes $6.4 billion share buyback

Credit Suisse proposes $6.4 billion share buyback

Credit Suisse said on Monday it will propose returning up to 8.0 billion Swiss francs ($6.4 billion) to shareholders over three years and its chief executive firmly ruled out making any big acquisitions.
Published 23 Jan, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Monday (January 22, 2007).

Published 23 Jan, 2007 12:00am
Citigroup CFO Krawcheck to head wealth management

Citigroup CFO Krawcheck to head wealth management

Citigroup Inc said on Monday Chief Financial Officer Sallie Krawcheck, one of Wall Street's most powerful women, is returning to her old job as head of its wealth management division. Krawcheck, 42, replaces Todd Thomson, 45, who is leaving to pursue othe
Published 23 Jan, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Monday (January 22, 2007).

Published 23 Jan, 2007 12:00am
Hong Kong well placed for credit rating upgrade: S&P

Hong Kong well placed for credit rating upgrade: S&P

Hong Kong's economy and fiscal position are as strong as AAA rated countries, but before its credit rating can be upgraded it will have to wait for China's rating to rise, Standard & Poor's said on Monday. Hong Kong is rated AA because it is constrained b
Published 23 Jan, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Monday (January 22, 2007).

Published 23 Jan, 2007 12:00am
Gainers outclass losers on ISE

Gainers outclass losers on ISE

Gainers outclassed losers at the Islamabad Stock Exchange (ISE) where equities continued to show healthy signs under the lead of hot favourite amid increase in index. ISE Ten Index was plus by 4.80 points, as index moved from 2,625.45 to 2,630.25 points.
Published 23 Jan, 2007 12:00am
Gainers outclass losers on ISE

Gainers outclass losers on ISE

Gainers outclassed losers at the Islamabad Stock Exchange (ISE) where equities continued to show healthy signs under the lead of hot favourite amid increase in index. ISE Ten Index was plus by 4.80 points, as index moved from 2,625.45 to 2,630.25 points.
Published 23 Jan, 2007 12:00am
LSE index up 5.50 points

LSE index up 5.50 points

Share prices moved in a narrow range on Lahore Stock Exchange (LSE) which ended with a fractional increase amid very low volume showing lack of interest on the part of potential investors. The LSE-25 index closed at 4393.31 points as against 4387.81 point
Published 23 Jan, 2007 12:00am
LSE index up 5.50 points

LSE index up 5.50 points

Share prices moved in a narrow range on Lahore Stock Exchange (LSE) which ended with a fractional increase amid very low volume showing lack of interest on the part of potential investors. The LSE-25 index closed at 4393.31 points as against 4387.81 point
Published 23 Jan, 2007 12:00am
24-hour cargo clearance from February 1

24-hour cargo clearance from February 1

The Central Board of Revenue (CBR) will launch a new cargo clearance system from February 1, 2007 which will remain operative 24 hours, seven days a week, at all airports and sea ports.
Published 23 Jan, 2007 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Monday (January 22, 2007).

Published 23 Jan, 2007 12:00am
24-hour cargo clearance from February 1

24-hour cargo clearance from February 1

The Central Board of Revenue (CBR) will launch a new cargo clearance system from February 1, 2007 which will remain operative 24 hours, seven days a week, at all airports and sea ports.
Published 23 Jan, 2007 12:00am
World currencies and euro

World currencies and euro

Value of the euro in terms of other world currencies as prevailing in the week ended Monday (January 22, 2007).
Published 23 Jan, 2007 12:00am
24-hour cargo clearance from February 1

24-hour cargo clearance from February 1

The Central Board of Revenue (CBR) will launch a new cargo clearance system from February 1, 2007 which will remain operative 24 hours, seven days a week, at all airports and sea ports.
Published 23 Jan, 2007 12:00am
BRIndex30 gains 70.43 points in seesaw trading pattern

BRIndex30 gains 70.43 points in seesaw trading pattern

At the start of the new week on Monday, the BRIndex30 experienced a seesaw pattern in the first hour of trading time. It opened in the positive zone at 11,368.80, but soon went down and remained there for more than an hour before recovering and closing at
Published 23 Jan, 2007 12:00am
BRIndex30 gains 70.43 points in seesaw trading pattern

BRIndex30 gains 70.43 points in seesaw trading pattern

At the start of the new week on Monday, the BRIndex30 experienced a seesaw pattern in the first hour of trading time. It opened in the positive zone at 11,368.80, but soon went down and remained there for more than an hour before recovering and closing at
Published 23 Jan, 2007 12:00am
Bulls retain control at KSE

Bulls retain control at KSE

The might of bulls at the share market here on Monday remained unchallenged, as a result of which, KSE-100 index succeeded in breaching the 10,700 mark. The market started off on a positive note and hit the 10709.32 points level.
Published 23 Jan, 2007 12:00am
Bulls retain control at KSE

Bulls retain control at KSE

The might of bulls at the share market here on Monday remained unchallenged, as a result of which, KSE-100 index succeeded in breaching the 10,700 mark. The market started off on a positive note and hit the 10709.32 points level.
Published 23 Jan, 2007 12:00am
Bulls retain control at KSE

Bulls retain control at KSE

The might of bulls at the share market here on Monday remained unchallenged, as a result of which, KSE-100 index succeeded in breaching the 10,700 mark. The market started off on a positive note and hit the 10709.32 points level.
Published 23 Jan, 2007 12:00am
Foreign investment up by 68.62 percent in six months

Foreign investment up by 68.62 percent in six months

Foreign Direct Investment (FDI) in the country during the first half of 2006-07 soared by 66.73 percent, year-on-year, to $1.869 billion from $1.121 billion and portfolio investment increased by 74.53 percent to $627.1 million from $359.3 million, in the
Published 23 Jan, 2007 12:00am
Foreign investment up by 68.62 percent in six months

Foreign investment up by 68.62 percent in six months

Foreign Direct Investment (FDI) in the country during the first half of 2006-07 soared by 66.73 percent, year-on-year, to $1.869 billion from $1.121 billion and portfolio investment increased by 74.53 percent to $627.1 million from $359.3 million, in the
Published 23 Jan, 2007 12:00am
Foreign investment up by 68.62 percent in six months

Foreign investment up by 68.62 percent in six months

Foreign Direct Investment (FDI) in the country during the first half of 2006-07 soared by 66.73 percent, year-on-year, to $1.869 billion from $1.121 billion and portfolio investment increased by 74.53 percent to $627.1 million from $359.3 million, in the
Published 23 Jan, 2007 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (January 22, 2007).

Published 23 Jan, 2007 12:00am
GST receipts at Karachi LTU suffer major shortfall

GST receipts at Karachi LTU suffer major shortfall

The Large Taxpayer Unit (LTU), Karachi, has experienced a major shortfall in GST collection, during the first half of 2006-07 from five leading sectors, which include automobile industry, POL products, cement, air-conditioners and insecticides.
Published 23 Jan, 2007 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (January 22, 2007).
Published 23 Jan, 2007 12:00am
GST receipts at Karachi LTU suffer major shortfall

GST receipts at Karachi LTU suffer major shortfall

The Large Taxpayer Unit (LTU), Karachi, has experienced a major shortfall in GST collection, during the first half of 2006-07 from five leading sectors, which include automobile industry, POL products, cement, air-conditioners and insecticides.
Published 23 Jan, 2007 12:00am
GST receipts at Karachi LTU suffer major shortfall

GST receipts at Karachi LTU suffer major shortfall

The Large Taxpayer Unit (LTU), Karachi, has experienced a major shortfall in GST collection, during the first half of 2006-07 from five leading sectors, which include automobile industry, POL products, cement, air-conditioners and insecticides.
Published 23 Jan, 2007 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Monday (January 22, 2007).

Published 23 Jan, 2007 12:00am
27 million CresLease shares sold to Al-Zamin group

27 million CresLease shares sold to Al-Zamin group

The Board of Directors of Crescent Leasing Corporation Limited (CresLease) has approved, along with management control, the sale of over 27 million shares of the company, by a group of shareholders at a price of Rs 13.00 per share. This amounts to about 5
Published 23 Jan, 2007 12:00am
27 million CresLease shares sold to Al-Zamin group

27 million CresLease shares sold to Al-Zamin group

The Board of Directors of Crescent Leasing Corporation Limited (CresLease) has approved, along with management control, the sale of over 27 million shares of the company, by a group of shareholders at a price of Rs 13.00 per share. This amounts to about 5
Published 23 Jan, 2007 12:00am
27 million CresLease shares sold to Al-Zamin group

27 million CresLease shares sold to Al-Zamin group

The Board of Directors of Crescent Leasing Corporation Limited (CresLease) has approved, along with management control, the sale of over 27 million shares of the company, by a group of shareholders at a price of Rs 13.00 per share. This amounts to about 5
Published 23 Jan, 2007 12:00am
27 million CresLease shares sold to Al-Zamin group

27 million CresLease shares sold to Al-Zamin group

The Board of Directors of Crescent Leasing Corporation Limited (CresLease) has approved, along with management control, the sale of over 27 million shares of the company, by a group of shareholders at a price of Rs 13.00 per share. This amounts to about 5
Published 23 Jan, 2007 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Monday (January 22, 2007).

Published 23 Jan, 2007 12:00am