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Print - 2007-03-15
Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates in rupees prevailing on the commodity markets in Karachi on Wednesday (March 14, 2007).

Published 15 Mar, 2007 12:00am
Economy growing in spite of trade deficit: CBR chairman

Economy growing in spite of trade deficit: CBR chairman

Economy is growing in spite of trade deficit, however, exporters have to overcome their inherent weaknesses and deficiencies to face the future challenges and survive in the competitive international markets, said Central Board of Revenue (CBR) Chairman A
Published 15 Mar, 2007 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (March 14, 2007).

Published 15 Mar, 2007 12:00am
Government held responsible for decline in textile exports

Government held responsible for decline in textile exports

Speakers at the seminar on Wednesday held the high cost of production, deteriorating law and order situation and lack of effective government policy responsible for the decline in the textile particularly value-added sector's exports to European Union (EU
Published 15 Mar, 2007 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (March 14, 2007).

Published 15 Mar, 2007 12:00am
CDGK bans poly bags from today

CDGK bans poly bags from today

The City District Government Karachi (CDGK) has formed five teams to ensure the implementation of ban on polythene bags imposed by the City Nazim Syed Mustafa Kamal under Section 144 in the metropolis.
Published 15 Mar, 2007 12:00am
2000 CNG stations' licences cancelled

2000 CNG stations' licences cancelled

Investment of about Rs 50 billion has stuck up as licences issued for setting up 2000 compressed natural gas (CNG) stations have been cancelled across the country due to failure to construct the facilities within the given timeframe of two years.Sources t
Published 15 Mar, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (March 14, 2007).

Published 15 Mar, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (March 14, 2007).

Published 15 Mar, 2007 12:00am
Fair weather

Fair weather

Meteorological Department has forecast fair/partly cloudy weather with hazy morning for the metropolis during next 24 hours with minimum temperature in the range of 17 centigrade to 19 centigrade. Sunrise will be at 06:39 and sunset at 18:41.
Published 15 Mar, 2007 12:00am
Regular contacts among Islamic states' tax officials stressed

Regular contacts among Islamic states' tax officials stressed

Chairman Central Board of Revenue (CBR) Abdullah Yusuf has underscored the significance of regular contacts between the tax authorities of Islamic countries to share experiences and benefit from each others' expertise in relevant matters.
Published 15 Mar, 2007 12:00am
Reap starts efforts to recapture Saudi rice market

Reap starts efforts to recapture Saudi rice market

The Rice Exporters Association of Pakistan (Reap) has started its efforts to re-capture the potential Saudi Arab market to export rice. In this regard, a Reap delegation met the Saudi Consul General in Karachi here on Wednesday.
Published 15 Mar, 2007 12:00am
THE RUPEE: dollar moves bothways

THE RUPEE: dollar moves bothways

Modest recovery was seen in the interbank market on Wednesday as the rupee picked up two paisa against the dollar for buying at Rs 60.69 and gaining one paisa for selling at Rs 60.71, respectively. Better supply of the US currency helped the rupee and it
Published 15 Mar, 2007 12:00am
'SECP to set up Sharia Board for Islamic insurance'

'SECP to set up Sharia Board for Islamic insurance'

The Securities and Exchange Commission of Pakistan (SECP) will set up 'Central Sharia Board' for Islamic type of insurance in next three months. This was stated by SECP Chairman Raziur Rehman while talking to Business Recorder after a seminar on Ta
Published 15 Mar, 2007 12:00am
THE RUPEE: dollar moves bothways

THE RUPEE: dollar moves bothways

Modest recovery was seen in the interbank market on Wednesday as the rupee picked up two paisa against the dollar for buying at Rs 60.69 and gaining one paisa for selling at Rs 60.71, respectively. Better supply of the US currency helped the rupee and it
Published 15 Mar, 2007 12:00am
World Bank and EOBI to discuss pension policy

World Bank and EOBI to discuss pension policy

The World Bank and the Employees' Old-Age Benefits Institutions (EOBI) to discuss key challenges in pension policy in Pakistan. In this regard the WB and EOBI to jointly organise a seminar in Islamabad as a part of the continuous efforts of the capacity b
Published 15 Mar, 2007 12:00am
Promotional campaign for kinnow in Czech Republic

Promotional campaign for kinnow in Czech Republic

Pakistan Horticulture Development and Export Board (PHDEB) is arranging a weeklong promotional campaign in Czech Republic as part of its efforts to explore new markets for kinnow. During this campaign, the Board will display kinnow at seven branches of tw
Published 15 Mar, 2007 12:00am
Russia to ban Pakistani rice imports due to pest

Russia to ban Pakistani rice imports due to pest

Russia will ban rice imports from Pakistan from March 19 after finding a shipment infected with a dangerous pest, the animal and plant health watchdog Rosselkhoznadzor said on Wednesday. "We have discovered a shipment of Pakistani rice containing Khapra b
Published 15 Mar, 2007 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Wednesday (March 14, 2007).

Published 15 Mar, 2007 12:00am
Russia to ban Pakistani rice imports due to pest

Russia to ban Pakistani rice imports due to pest

Russia will ban rice imports from Pakistan from March 19 after finding a shipment infected with a dangerous pest, the animal and plant health watchdog Rosselkhoznadzor said on Wednesday. "We have discovered a shipment of Pakistani rice containing Khapra b
Published 15 Mar, 2007 12:00am
Russia to ban Pakistani rice imports due to pest

Russia to ban Pakistani rice imports due to pest

Russia will ban rice imports from Pakistan from March 19 after finding a shipment infected with a dangerous pest, the animal and plant health watchdog Rosselkhoznadzor said on Wednesday. "We have discovered a shipment of Pakistani rice containing Khapra b
Published 15 Mar, 2007 12:00am
Pakistan buys 20,000 tonnes of soya oil

Pakistan buys 20,000 tonnes of soya oil

Pakistan has struck a deal to import 20,000 tonnes of soybean oil, believed to be the first purchases of the soft oil by private traders in two years, Rasheed Janmohammed, vice-chairman of the Pakistan Edible Oil Refiners Association said on Wednesday.
Published 15 Mar, 2007 12:00am
CBR completes survey to trace smuggling routes

CBR completes survey to trace smuggling routes

The Central Board of Revenue (CBR) has conducted a thorough survey of Federally Administered Tribal Areas (Fata) and Provincially Administered Tribal Areas (Pata) to identify routes/techniques adopted by organised gangs of smugglers at Pak-Afghan border.
Published 15 Mar, 2007 12:00am
CBR completes survey to trace smuggling routes

CBR completes survey to trace smuggling routes

The Central Board of Revenue (CBR) has conducted a thorough survey of Federally Administered Tribal Areas (Fata) and Provincially Administered Tribal Areas (Pata) to identify routes/techniques adopted by organised gangs of smugglers at Pak-Afghan border.
Published 15 Mar, 2007 12:00am
CBR completes survey to trace smuggling routes

CBR completes survey to trace smuggling routes

The Central Board of Revenue (CBR) has conducted a thorough survey of Federally Administered Tribal Areas (Fata) and Provincially Administered Tribal Areas (Pata) to identify routes/techniques adopted by organised gangs of smugglers at Pak-Afghan border.
Published 15 Mar, 2007 12:00am
Presentation

Presentation

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

Published 15 Mar, 2007 12:00am
Lehman quarterly profit rises

Lehman quarterly profit rises

Lehman Brothers Holdings Inc on Wednesday posted slightly stronger-than expected results, but its shares fell 2.6 percent as investors fretted about the investment bank's subprime mortgage exposure.
Published 15 Mar, 2007 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Wednesday (March 14, 2007).

Published 15 Mar, 2007 12:00am
Lehman quarterly profit rises

Lehman quarterly profit rises

Lehman Brothers Holdings Inc on Wednesday posted slightly stronger-than expected results, but its shares fell 2.6 percent as investors fretted about the investment bank's subprime mortgage exposure.
Published 15 Mar, 2007 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 15 Mar, 2007 12:00am
ISE Index down 41.47 points

ISE Index down 41.47 points

Bears strengthened their positions at the Islamabad Stock Exchange (ISE) where selling-pressure intensified in hot favourite amid decrease in index. ISE Ten Index was down by 41.47 points, as index moved from 2,675.28 to 2,633.81 points.
Published 15 Mar, 2007 12:00am
Board meetings in progress

Board meetings in progress

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

Published 15 Mar, 2007 12:00am
ISE Index down 41.47 points

ISE Index down 41.47 points

Bears strengthened their positions at the Islamabad Stock Exchange (ISE) where selling-pressure intensified in hot favourite amid decrease in index. ISE Ten Index was down by 41.47 points, as index moved from 2,675.28 to 2,633.81 points.
Published 15 Mar, 2007 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 15 Mar, 2007 12:00am
LSE index down 75.14 points

LSE index down 75.14 points

Fears of political uncertainty following the situation arising out of the presidential reference against the non-functional Chief Justice (CJ) of Pakistan kept the Lahore share market under pressure on Wednesday and the LSE-25 index lost 75.14 points, or
Published 15 Mar, 2007 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Wednesday (March 14, 2007).

Published 15 Mar, 2007 12:00am
LSE index down 75.14 points

LSE index down 75.14 points

Fears of political uncertainty following the situation arising out of the presidential reference against the non-functional Chief Justice (CJ) of Pakistan kept the Lahore share market under pressure on Wednesday and the LSE-25 index lost 75.14 points, or
Published 15 Mar, 2007 12:00am
Government eyeing $300 million UBL shares sale

Government eyeing $300 million UBL shares sale

The government is planning to sell a stake, worth up to $300 million, in United Bank Ltd (UBL) through a global share sale, and it has invited six investment banks to pitch for the deal, people familiar with the matter said on Wednesday.
Published 15 Mar, 2007 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 15 Mar, 2007 12:00am
Government eyeing $300 million UBL shares sale

Government eyeing $300 million UBL shares sale

The government is planning to sell a stake, worth up to $300 million, in United Bank Ltd (UBL) through a global share sale, and it has invited six investment banks to pitch for the deal, people familiar with the matter said on Wednesday.
Published 15 Mar, 2007 12:00am
Government eyeing $300 million UBL shares sale

Government eyeing $300 million UBL shares sale

The government is planning to sell a stake, worth up to $300 million, in United Bank Ltd (UBL) through a global share sale, and it has invited six investment banks to pitch for the deal, people familiar with the matter said on Wednesday.
Published 15 Mar, 2007 12:00am
Government eyeing $300 million UBL shares sale

Government eyeing $300 million UBL shares sale

The government is planning to sell a stake, worth up to $300 million, in United Bank Ltd (UBL) through a global share sale, and it has invited six investment banks to pitch for the deal, people familiar with the matter said on Wednesday.
Published 15 Mar, 2007 12:00am
22 Indian items allowed for KCCI exhibition

22 Indian items allowed for KCCI exhibition

The Ministry of Commerce has allowed import of Indian origin goods by Indian exhibitors for display and sale at Karachi Chamber of Commerce and Industry (KCCI) ''My Karachi 2007 Oasis of Harmony'' exhibition to be held in the first week of June this year.
Published 15 Mar, 2007 12:00am
22 Indian items allowed for KCCI exhibition

22 Indian items allowed for KCCI exhibition

The Ministry of Commerce has allowed import of Indian origin goods by Indian exhibitors for display and sale at Karachi Chamber of Commerce and Industry (KCCI) 'My Karachi 2007 Oasis of Harmony' exhibition to be held in the first week of June this year.
Published 15 Mar, 2007 12:00am
22 Indian items allowed for KCCI exhibition

22 Indian items allowed for KCCI exhibition

The Ministry of Commerce has allowed import of Indian origin goods by Indian exhibitors for display and sale at Karachi Chamber of Commerce and Industry (KCCI) 'My Karachi 2007 Oasis of Harmony' exhibition to be held in the first week of June this year.
Published 15 Mar, 2007 12:00am
BRIndex30 sheds 189.36 points

BRIndex30 sheds 189.36 points

On Wednesday, the BRIndex30 opened at 12,421.57, in the red zone, and closed at 12,232.21 points level, registering a net negative change of -189.36 points and percentage change of -1.52, with the intra-day high of 12,421.57 and low of 12,211.61.
Published 15 Mar, 2007 12:00am
BRIndex30 sheds 189.36 points

BRIndex30 sheds 189.36 points

On Wednesday, the BRIndex30 opened at 12,421.57, in the red zone, and closed at 12,232.21 points level, registering a net negative change of -189.36 points and percentage change of -1.52, with the intra-day high of 12,421.57 and low of 12,211.61.
Published 15 Mar, 2007 12:00am
Stock market stays bearish

Stock market stays bearish

Bearish trend continued at the Karachi share market on Wednesday and KSE-100 index lost another 128.29 points to close at 11,276.66 points level on the back of political uncertainty in the country. The KSE-30 index also shed 211.99 points, closing at 14,2
Published 15 Mar, 2007 12:00am
Stock market stays bearish

Stock market stays bearish

Bearish trend continued at the Karachi share market on Wednesday and KSE-100 index lost another 128.29 points to close at 11,276.66 points level on the back of political uncertainty in the country. The KSE-30 index also shed 211.99 points, closing at 14,2
Published 15 Mar, 2007 12:00am
Stock market stays bearish

Stock market stays bearish

Bearish trend continued at the Karachi share market on Wednesday and KSE-100 index lost another 128.29 points to close at 11,276.66 points level on the back of political uncertainty in the country. The KSE-30 index also shed 211.99 points, closing at 14,2
Published 15 Mar, 2007 12:00am
Wheat procurement price up at Rs 1170 per 100 kg

Wheat procurement price up at Rs 1170 per 100 kg

Wheat procurement price in Sindh has been raised by Rs 120 to Rs 1,170 per 100 kg, as the growers believe that the government will continue its export policy next year as well, traders said. "This year, the new wheat crop trading price has crossed Rs 1,10
Published 15 Mar, 2007 12:00am
CBR devising plan to raise tax-GDP ratio

CBR devising plan to raise tax-GDP ratio

Central Board of Revenue (CBR) Chairman Abdullah Yusuf said here on Wednesday that a strategy was being evolved to enhance tax-to-GDP ratio from 10.5 percent to 15 percent which is currently lowest in the region, and added that introducing third-party inf
Published 15 Mar, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (March 14, 2007).

Published 15 Mar, 2007 12:00am
CBR devising plan to raise tax-GDP ratio

CBR devising plan to raise tax-GDP ratio

Central Board of Revenue (CBR) Chairman Abdullah Yusuf said here on Wednesday that a strategy was being evolved to enhance tax-to-GDP ratio from 10.5 percent to 15 percent which is currently lowest in the region, and added that introducing third-party inf
Published 15 Mar, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (March 14, 2007).

Published 15 Mar, 2007 12:00am
CBR devising plan to raise tax-GDP ratio

CBR devising plan to raise tax-GDP ratio

Central Board of Revenue (CBR) Chairman Abdullah Yusuf said here on Wednesday that a strategy was being evolved to enhance tax-to-GDP ratio from 10.5 percent to 15 percent which is currently lowest in the region, and added that introducing third-party inf
Published 15 Mar, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (March 14, 2007).

Published 15 Mar, 2007 12:00am
Lawyers boycott courts for third day

Lawyers boycott courts for third day

Lawyers boycotted courts for a third day on Wednesday in protest at the suspension of the country's top judge by President Pervez Musharraf, officials said. A complete strike was observed by lawyers throughout the country to condemn Friday's ouster of chi
Published 15 Mar, 2007 12:00am
Lawyers boycott courts for third day

Lawyers boycott courts for third day

Lawyers boycotted courts for a third day on Wednesday in protest at the suspension of the country's top judge by President Pervez Musharraf, officials said. A complete strike was observed by lawyers throughout the country to condemn Friday's ouster of chi
Published 15 Mar, 2007 12:00am
Two held over Samjhota Express bombing

Two held over Samjhota Express bombing

Two men were arrested in India on Wednesday on suspicion of links to last month's bombing of an India-Pakistan train which killed 68 people, a senior police official told AFP.
Published 15 Mar, 2007 12:00am
'Pak-India dialogue process irreversible'

'Pak-India dialogue process irreversible'

Former Foreign Secretary Shamshad Ahmad Khan, while terming the composite dialogue process a structural mechanism, has said that it is irreversible. It was a good process and could not be derailed on the pretext of incidents like Mumbai train blasts, Sham
Published 15 Mar, 2007 12:00am
KKI closing rates of currency notes

KKI closing rates of currency notes

Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Wednesday (March 14, 2007).

Published 15 Mar, 2007 12:00am
World's largest travel fair in Berlin

World's largest travel fair in Berlin

Eye-catching US-style entertainment at Qatar Airways' stand during ITB Berlin attracted a large number of visitors as the award-winning Five-Star airline took part at the world's largest travel and tourism fair in the German capital.
Published 15 Mar, 2007 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Wednesday (March 14, 2007).

Published 15 Mar, 2007 12:00am
Australia and Kenya win

Australia and Kenya win

Australia beat Scotland by 203 runs in a World Cup Group A game at the Warner Park Stadium here, on Wednesday. Kenya beat Canada by 7 wickets in a Group C match.
Published 15 Mar, 2007 12:00am