News Archives for Print - 2007-03-31

US treasuries bid yields

US treasuries bid yields on Friday (March 30, 2007).

Published 31 Mar, 2007 12:00am

NRB finalises cantonment boards ordinance

National Reconstruction Bureau (NRB) has finalised the cantonment boards ordinance, however its implementation is the responsibility of the government. This was said by the Muhammad Naeemul Haq member NRB during a media workshop on local government held a

Published 31 Mar, 2007 12:00am

US treasuries bid yields

US treasuries bid yields on Friday (March 30, 2007).

Published 31 Mar, 2007 12:00am

Housing scams: NAB to probe government bodies' failure

The National Accountability Bureau (NAB) has decided to look into the affairs of various regulatory bodies for their failure to prevent mega housing and financial scams. The decision has been taken in the backdrop of a number of scams in the recent past w

Published 31 Mar, 2007 12:00am

US treasuries bid prices

US treasuries bid prices on Friday (March 30, 2007).

Published 31 Mar, 2007 12:00am

Housing minister to inspect site of Gujranwala scheme

Punjab Minister for Housing and Urban Development, Syed Raza Ali Gillani will inspect the site of Area Development Scheme-IV, Gujranwala today. The scheme consists of 500 acres of land and on completion, would make 6500 plots available for public.

Published 31 Mar, 2007 12:00am

US treasuries bid prices

US treasuries bid prices on Friday (March 30, 2007).

Published 31 Mar, 2007 12:00am

National Assembly panel supports rental restrictions law

Sub-Committee of the Standing Committee on Interior on Friday discussed the Islamabad Rental Restrictions (Amendment Bill) 2006 in detail and agreed that such a law should be framed that gives protection to the interests of both tenants and the landlords

Published 31 Mar, 2007 12:00am

US treasuries bid prices

US treasuries bid prices on Friday (March 30, 2007).

Published 31 Mar, 2007 12:00am

15th AGM of Soneri Bank

The shareholders of Soneri Bank Limited approved the annual accounts of the bank for the year ended December 31, 2006 at the AGM held in Lahore on March 30, 2007. The shareholders also approved recommendations of the Board for issuance of bonus shares at

Published 31 Mar, 2007 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (March 30, 2007).

Published 31 Mar, 2007 12:00am

President stresses prompt justice to people

President General Pervez Musharraf has emphasised the need to provide prompt and inexpensive justice to the people. He was talking to the Federal Ombudsman Javaid Sadiq Malik who called on him here on Friday and presented to him the annual report of his o

Published 31 Mar, 2007 12:00am

London Interbank Offered Rates

London Interbank Offered Rates (LIBOR) on Friday (March 30, 2007).

Published 31 Mar, 2007 12:00am

Nine-month statistics: KSE outperforms regional bourses except Shanghai

The Karachi Stock Market recovered well since January 2007 after a lacklustre performance during the first half of the current fiscal year. The KSE-100 index rose by 12.3 percent during the first nine months of FY07 ending March 30 to close at 11,272 poin

Published 31 Mar, 2007 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (March 30, 2007).

Published 31 Mar, 2007 12:00am

CAA division into 3 separate operations on the anvil

The Federal government, under its restructuring plan, has decided to divide the Civil Aviation Authority (CAA) into three separate operations to optimise the role of the authority. This includes airport management, real estate management and regulatory au

Published 31 Mar, 2007 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (March 30, 2007).

Published 31 Mar, 2007 12:00am

Nomination

Arshad Tanveer has been appointed as Senior Vice Chairman of Federation of Pakistan Chambers of Commerce and Industry's Standing Committee on Labour, for the year ending 31st December 2007.

Published 31 Mar, 2007 12:00am

Banks' rates for currency notes (buying and selling)

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Friday (March 30, 2007).

Published 31 Mar, 2007 12:00am

EIA certificate for new industry mandatory

No industry will be allowed to establish prior to getting Environment Impact Certificate (EIA) from the government institutions in Punjab province. Punjab Environment Minister, Dr Anjum Amjad said this while talking to media men here on Friday.

Published 31 Mar, 2007 12:00am

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 Friday (March 30, 2007).

Published 31 Mar, 2007 12:00am

Punjab gets ready to meet WTO challenges

The Punjab is fully geared to meet the challenges posed by implementation of the World Trade Organisation (WTO) agreements in different key sectors of the economy.

Published 31 Mar, 2007 12:00am

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Friday (March 30, 2007).

Published 31 Mar, 2007 12:00am

Trade bodies want President to block TOO 2006

More than 20 chambers and A/B class associations have sought President General Pervez Musharraf's intervention for blocking Trade Organisation Ordinance TOO 2006 from implementation.

Published 31 Mar, 2007 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Friday (March 30, 2007).

Published 31 Mar, 2007 12:00am

I I Kazi to be paid tributes

Sindh University founder's week will be celebrated from April 9 to remember and pay rich tribute to great scholar and its founder Vice Chancellor Allama I.I. Kazi.

Published 31 Mar, 2007 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Friday (March 30, 2007).

Published 31 Mar, 2007 12:00am

Farmers' education key to rural uplift: UVAS vice chancellor

University of Veterinary and Animal Sciences (UVAS) Lahore Vice Chancellor Professor Dr Muhammad Nawaz has said that education of the farmer is a key to rural development. Addressing a seminar on 'Practices for profitable dairy farming' in the on Thursday

Published 31 Mar, 2007 12:00am

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (March 30, 2007).

Published 31 Mar, 2007 12:00am

Kinnaird College secures first position

Kinnaird College stood first while Iqra Millennium University secured second position and the Lums won third position in the "LCCI Business Plan Competition" held here on Thursday under the auspices of LCCI Standing Committee on Young Entrepreneurs at Lah

Published 31 Mar, 2007 12:00am

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Friday (March 30, 2007).

Published 31 Mar, 2007 12:00am

Nobel laureates speaks at GCU

The visit of Nobel laureates to GC University is a great intellectual and philanthropic act for students and the scholars to learn from the enriched research experiences of the Nobel laureates Professor Douglas Osheroff and Professor Peter Agre.

Published 31 Mar, 2007 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (March 30, 2007).

Published 31 Mar, 2007 12:00am

Punjab University syndicate meets on April 2

The meeting of Punjab University Syndicate will be held on Monday 2nd April 2007 at 10:00 am in the committee room of vice-chancellor's office. Punjab University Vice-chancellor, Lieutenant General Arshad Mahmood (Retd) will chair the meeting.

Published 31 Mar, 2007 12:00am

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm

Published 31 Mar, 2007 12:00am

Vice chancellors of Punjab and Balochistan University meet

The vice-chancellor Balochistan University (BU), Quetta Brigadier Agha Ahmed Gul (Retd) called on Punjab University vice-chancellor Lieutenant General Arshad Mahmood (Retd) in his office on Friday.

Published 31 Mar, 2007 12:00am

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d

Published 31 Mar, 2007 12:00am

HEC-BC short PhD research attachments

Higher Education Commission (HEC) and British Council has decided to launch Short PhD Research Attachments (SPRA) in the United Kingdom for selected Pakistani faculty members from 50 ongoing HEC-BC Joint Higher Education Link Partner Universities.

Published 31 Mar, 2007 12:00am

Karachi interbank rates

Karachi interbank rates on Friday (March 30, 2007).

Published 31 Mar, 2007 12:00am

More scholarships to boost Sino-Pak educational ties

The scholarships offered by China are playing an important role in imparting high education to the Pakistani students and also contribute to deepening friendly relations between the two countries.

Published 31 Mar, 2007 12:00am

Aaj TV - Saturday's schedule

All timings are in PST (Pakistan Standard Time).

Published 31 Mar, 2007 12:00am

Pakistan needs big reservoirs: World Bank

Country needs big reservoirs for sustainable economic development, Tariq Hussain, World Bank Adviser to government of Pakistan said on Friday. He stated this in a lecture "Capacity Building for Water Resources in Pakistan" at the Faculty of Dadabhoy Insti

Published 31 Mar, 2007 12:00am

Ukraine will not limit grain exports in 2007-08

Ukraine, which hopes to increase its grain crop to 38 million tonnes in 2007, will place no limits on grain exports in the 2007/08 season (July-June), Deputy Prime Minister Viktor Slauta said on Friday. "There will be no export limits next season," Slauta

Published 31 Mar, 2007 12:00am

Kirmani asked to continue till final decision

Pakistan International Airlines (PIA) Chairman Tariq Kirmani, who tendered his resignation in the past twice and third time again a few days back, has been asked to continue till the matter is finally decided by the competent authority.

Published 31 Mar, 2007 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 63,092 tonnes cargo including 35,719 tonnes import, 27,373` tonnes export cargo and 3,370 containers during last 24 hours ending at 0700 hours on Friday.

Published 31 Mar, 2007 12:00am

Kirmani asked to continue till final decision

Pakistan International Airlines (PIA) Chairman Tariq Kirmani, who tendered his resignation in the past twice and third time again a few days back, has been asked to continue till the matter is finally decided by the competent authority.

Published 31 Mar, 2007 12:00am

Ivorian coffee arrivals rise

Coffee arrivals at Ivory Coast's ports reached 85,055 tonnes between January 1 and March 18, according to data from the Coffee and Cocoa Bourse (BCC) obtained by Reuters on Friday. That compared with 84,491 tonnes delivered to the port during the same per

Published 31 Mar, 2007 12:00am

Kirmani asked to continue till final decision

Pakistan International Airlines (PIA) Chairman Tariq Kirmani, who tendered his resignation in the past twice and third time again a few days back, has been asked to continue till the matter is finally decided by the competent authority.

Published 31 Mar, 2007 12:00am

WCE canola climbs with allied soya

Canola futures on the Winnipeg Commodity Exchange made strong gains Thursday on short covering fuelled by strength in crude oil, soybean oil and European rapeseed markets, traders said. Some traders speculated exporters were covering business ahead of wha

Published 31 Mar, 2007 12:00am

CBR may act to protect PSF chain to benefit textile industry

The Central Board of Revenue (CBR) is likely to move a summary to the Economic Co-ordination Committee (ECC) of the Cabinet seeking protection for the Polyester Staple Fiber (PSF) chain to benefit the textile industry.

Published 31 Mar, 2007 12:00am

HRW wheat bids hold steady

US Plains hard red winter wheat basis bids held steady Friday, with many merchants either taking a dime protection or sitting on the sidelines with no flat price contracts available ahead of expected sharp price declines in futures.

Published 31 Mar, 2007 12:00am

CBR may act to protect PSF chain to benefit textile industry

The Central Board of Revenue (CBR) is likely to move a summary to the Economic Co-ordination Committee (ECC) of the Cabinet seeking protection for the Polyester Staple Fiber (PSF) chain to benefit the textile industry.

Published 31 Mar, 2007 12:00am

US Midwest soya bids mixed, corn steady

Spot basis bids for corn were mostly steady around the US Midwest on Thursday while soyabean bids were mixed, grain dealers said. Soybean bids fell in Iowa, where farmers did some selling to take advantage of rallies in the futures market that have pushed

Published 31 Mar, 2007 12:00am

CBR may act to protect PSF chain to benefit textile industry

The Central Board of Revenue (CBR) is likely to move a summary to the Economic Co-ordination Committee (ECC) of the Cabinet seeking protection for the Polyester Staple Fiber (PSF) chain to benefit the textile industry.

Published 31 Mar, 2007 12:00am

FOB Gulf corn and soya steady to lower

US FOB Gulf soyabean and corn export premiums were steady to lower on Thursday as export demand remains thin and barge freight weak, traders said. Hard and soft red winter wheat basis offers held steady but high prices was limiting export demand, especial

Published 31 Mar, 2007 12:00am

US, Saudi and Chinese companies announce $5 billion energy deal

US oil giant Exxon Mobil, Saudi Aramco and Sinopec announced here Friday two joint ventures worth about five billion dollars to operate 750 service stations and a petrochemical refinery in China.

Published 31 Mar, 2007 12:00am

CBOT corn rebounds

Corn futures at the Chicago Board of Trade closed higher on Thursday on fund buying and weather jitters before the release early Friday of USDA's March planting intentions report, traders said. Strong gains in crude oil may have given corn bulls some extr

Published 31 Mar, 2007 12:00am

US, Saudi and Chinese companies announce $5 billion energy deal

US oil giant Exxon Mobil, Saudi Aramco and Sinopec announced here Friday two joint ventures worth about five billion dollars to operate 750 service stations and a petrochemical refinery in China.

Published 31 Mar, 2007 12:00am

CBOT wheat settles higher

Wheat futures at the Chicago Board of Trade closed higher on Thursday on short-covering ahead of the USDA's long-awaited March plantings and quarterly stocks reports on Friday, traders said. Fund-driven strength in corn, soybeans and crude oil added suppo

Published 31 Mar, 2007 12:00am

US, Saudi and Chinese companies announce $5 billion energy deal

US oil giant Exxon Mobil, Saudi Aramco and Sinopec announced here Friday two joint ventures worth about five billion dollars to operate 750 service stations and a petrochemical refinery in China.

Published 31 Mar, 2007 12:00am

Oil cake market rates

The May vaida was higher while the July vaida was unchanged on the forward cottonseed oilcake market on Friday in process of trading, dealers said.

Published 31 Mar, 2007 12:00am

Taliban blow up video shops in Kohat

Local Taliban blew up two video shops and torched a cable television operator's office in Kohat, officials said on Friday. There were no casualties in the blasts, which happened late Thursday in Kohat, a town close to Pakistan's troubled tribal regions bo

Published 31 Mar, 2007 12:00am

Cotton rates at higher side amid modest trading

Modest trading was seen on the cotton market on Friday a few mills did some buying to cover their immediate needs, dealers said. The Karachi Cotton Association (KCA) official spot rate was unchanged at Rs 2600, without upcountry expenses. In the ready bus

Published 31 Mar, 2007 12:00am

Taliban blow up video shops in Kohat

Local Taliban blew up two video shops and torched a cable television operator's office in Kohat, officials said on Friday. There were no casualties in the blasts, which happened late Thursday in Kohat, a town close to Pakistan's troubled tribal regions bo

Published 31 Mar, 2007 12:00am

Urad Burma down by Rs 100 on grain market

A few changes were seen on the forward cottonseed oilcake market on Friday as most of the traders kept on the sidelines in process of trading, dealers said.

Published 31 Mar, 2007 12:00am

Ban on feed from BSE states lifted

Pakistan has lifted ban on import of feed ingredients from Bovine Spongiform Encephalopathy (BSE) infected countries commonly known as the mad cow disease. Commerce Ministry on Friday issued a SRO saying that now there would no restriction on import of fe

Published 31 Mar, 2007 12:00am

Plastic mouldings mixed on Jodia Bazar

The trading on plastic mouldings closed both ways on Jodia Bazar here on Friday. The following variations were noted.

Published 31 Mar, 2007 12:00am

Ban on feed from BSE states lifted

Pakistan has lifted ban on import of feed ingredients from Bovine Spongiform Encephalopathy (BSE) infected countries commonly known as the mad cow disease. Commerce Ministry on Friday issued a SRO saying that now there would no restriction on import of fe

Published 31 Mar, 2007 12:00am

New York cocoa rallies

US cocoa futures closed higher on Thursday in a sustained rally buoyed by fund and speculative buying, keeping prices at nearly four-year-high levels, traders said.

Published 31 Mar, 2007 12:00am

Ban on feed from BSE states lifted

Pakistan has lifted ban on import of feed ingredients from Bovine Spongiform Encephalopathy (BSE) infected countries commonly known as the mad cow disease. Commerce Ministry on Friday issued a SRO saying that now there would no restriction on import of fe

Published 31 Mar, 2007 12:00am

New York coffee lower

US arabica coffee futures closed down nearly 2 percent at a fresh eight-day low in open-outcry trade on Thursday after producer and speculative selling triggered sell stops, traders said. "The downtrend's still intact after that brief short-covering rally

Published 31 Mar, 2007 12:00am

Five MoUs signed at Expo Pakistan 2007

As many as five Memorandum of Understandings (MoUs) were signed designed to exchange market information between countries on the 2nd day of Expo Pakistan 2007 here at the Karachi Expo Centre. Federal Minister for Commerce, Humayun Akhtar Khan supervised t

Published 31 Mar, 2007 12:00am

MGE wheat rises

Hard red spring wheat futures on the Minneapolis Grain Exchange closed higher on Thursday, rebounding from declines as Chicago Board of Trade wheat rallied on short-covering, traders said. Traders were also positioning for Friday's USDA plantings and quar

Published 31 Mar, 2007 12:00am

Five MoUs signed at Expo Pakistan 2007

As many as five Memorandum of Understandings (MoUs) were signed designed to exchange market information between countries on the 2nd day of Expo Pakistan 2007 here at the Karachi Expo Centre. Federal Minister for Commerce, Humayun Akhtar Khan supervised t

Published 31 Mar, 2007 12:00am

US grains up ahead of 'monumental' corn report

US grains rose on Thursday amid active speculative buying ahead of an anxiously awaited government report on farm planting plans, and worries that rains forecast for next week could stall seeding the crop.

Published 31 Mar, 2007 12:00am

Five MoUs signed at Expo Pakistan 2007

As many as five Memorandum of Understandings (MoUs) were signed designed to exchange market information between countries on the 2nd day of Expo Pakistan 2007 here at the Karachi Expo Centre. Federal Minister for Commerce, Humayun Akhtar Khan supervised t

Published 31 Mar, 2007 12:00am

US copper makes gains

US copper closed higher on Thursday, aided by revised fourth-quarter economic numbers and better jobs data, although nagging worries over housing kept a lid on prices, traders said. A rally in oil, which aided copper's run-up over the last week, demonstra

Published 31 Mar, 2007 12:00am

PCB chairman's resignation not accepted

President General Pervez Musharraf, not accepting the resignation of Dr Nasim Ashraf, has asked him to continue to serve as the Pakistan Cricket Board (PCB) Chairman. The President has expressed the hope that under the chairmanship of Dr Nasim Ashraf the

Published 31 Mar, 2007 12:00am

US gold futures lower

US gold futures finished down on Thursday, hurt by selling by funds as prices failed to break a key technical level, but far from their session-low due to support from surging oil.

Published 31 Mar, 2007 12:00am

PCB chairman's resignation not accepted

President General Pervez Musharraf, not accepting the resignation of Dr Nasim Ashraf, has asked him to continue to serve as the Pakistan Cricket Board (PCB) Chairman. The President has expressed the hope that under the chairmanship of Dr Nasim Ashraf the

Published 31 Mar, 2007 12:00am

Gold tracks higher crude oil

Gold shrugged off a firmer dollar and rebounded on Friday to track higher crude oil, which spurred some safe-haven buying in parts of Asia. Spot gold rose to $662.40/662.90 an ounce from $661.20/661.70 an ounce late in New York on Thursday, when it droppe

Published 31 Mar, 2007 12:00am

CBR role in economic uplift: 15.5 percent tax-to-GDP ratio targeted in next 10 years

The Central Board of Revenue (CBR) will gradually improve tax-to-GDP (gross domestic product) ratio to 15.5 percent in the next 10 years and in 2006-07, the ratio will improve by 0.3 percent.

Published 31 Mar, 2007 12:00am

Russian grain exports recover

Russia's wheat exports in February recovered to 0.59 million tonnes from 0.53 million tonnes in January. Barley shipments increased to a seasonal high of 0.23 million tonnes from a mere 0.05 million tonnes in January. SovEcon expects monthly wheat exports

Published 31 Mar, 2007 12:00am

KCCI flays frequent changes in sales tax policies

The chairman of General Sales Tax and Refund Sub-committee of the Karachi Chamber of Commerce and Industry (KCCI) has suggested to stop frequent changes in the sales tax policies and procedure to avoid confusion.

Published 31 Mar, 2007 12:00am

Asian oil product swaps

Asian oil products swaps were mostly higher on Friday, supported by firmer crude futures, which pushed product outrights to new multi-month highs. April naphtha swaps surged $2.60 from the previous session's close to $72.85 a barrel - an eight-and-half mo

Published 31 Mar, 2007 12:00am

Pakistan should diversify exports to China: KCCI

"Traditionally, throughout in its trade relations with China, Pakistan has had a chronic trade deficit. It is primarily because China is a competitor in most of the major sectors of Pakistan's potential export areas." This was stated by Danish Saeed, Chai

Published 31 Mar, 2007 12:00am

Oil up one percent near $67 on Iran fears

Oil rose 1 percent on Friday to near $67 a barrel on intensifying global supply worries stoked by the row between Britain and Iran and a strike in France that threatens to crimp summer fuel supplies in the United States.

Published 31 Mar, 2007 12:00am

PBF opposes direct election of FPCCI office-bearers

The Progressive Businessman Forum has opposed the direct elections of the presidents and vice presidents of the chambers under the Rules 2007 of the Trade Organisation Ordinance 2006 and has suggested the election of the office bearers should be through t

Published 31 Mar, 2007 12:00am

Malaysian tin down

Malaysian tin fell 2.9 percent on Friday, dragged down by lower prices on the London Metal Exchange and selling pressure, one trader said.

Published 31 Mar, 2007 12:00am

FPCCI offered to sign MoU with Indian chamber

Country's apex trade body is offered to sign memorandum of understanding (MoU) with Indian chamber to promote economic co-operation between Pakistan and India.

Published 31 Mar, 2007 12:00am

Asian metals trade in narrow range

Metals traded in a narrow range in Asia on Thursday, after pessimistic comments on the US economy by US Federal Reserve chairman Ben Bernanke pressured metals futures and mining stocks.

Published 31 Mar, 2007 12:00am

Two US firms keen to generate power from garbage

Two American companies Nixon Peabody LLP and Crystal Water Alliance (CWA) have shown interest to generate power from garbage and decided to visit the landfill sites of Karachi in the next two days to review basic needs and facilities required for construc

Published 31 Mar, 2007 12:00am

Thai rice exports up at least half

Thai rice exporter C.P. Intertrade Co, Ltd said on Thursday it expected its rice exports to rise at least half this year due to strong demand from Africa. The company, wholly owned by Charoen Pokphand Group (C.P. Group), Thailand's largest business conglo

Published 31 Mar, 2007 12:00am

Probe into Woolmer's murder: 'investigation officer to be sent to Jamaica'

Prime Minister Shaukat Aziz has finally approved the request of PCB Chairman Dr Nasim Ashraf to send the investigation officer and a diplomat to Jamaica to join the investigation process of Pakistan cricket coach Bob Woolmer's murder.

Published 31 Mar, 2007 12:00am

New York sugar ends at 19-month low

Raw sugar reeled from speculative and trade sales to finish on Thursday at its lowest level in 19 months and bearish fundamentals may drag prices even lower in the weeks ahead, brokers said. New York Board of Trade's May raw sugar contract settled down 0.

Published 31 Mar, 2007 12:00am

Probe into Woolmer's murder: 'investigation officer to be sent to Jamaica'

Prime Minister Shaukat Aziz has finally approved the request of PCB Chairman Dr Nasim Ashraf to send the investigation officer and a diplomat to Jamaica to join the investigation process of Pakistan cricket coach Bob Woolmer's murder.

Published 31 Mar, 2007 12:00am

Soya climbs

Soyabean futures at the Chicago Board of Trade closed higher on Thursday amid fund buying and following a rally to new contract highs in soyaoil, while crude oil markets surged, traders said. Soyabean futures also held strong amid gains in corn as the soy

Published 31 Mar, 2007 12:00am

Petroecuador declares oil export force majeure

Ecuador's state oil company Petroecuador on Friday declared force majeure on its exports due to protests by local residents in the Amazon region and low stocks in its refinery system. Petroecuador crude exports average 225,000 barrels per day.

Published 31 Mar, 2007 12:00am

Indonesian palm oil rallies

Indonesian palm oil gained for the fifth straight day on Friday boosted by a rise in soyaoil and crude oil prices and the neighbouring Malaysian palm oil market. At the state marketing centre's auction in Jakarta, which sells palm oil from state plantatio

Published 31 Mar, 2007 12:00am

WTO confirms US loss in Internet gambling case

The World Trade Organisation (WTO) on Friday confirmed its ruling the United States had done nothing to abide by an earlier verdict that labelled some US Internet gambling restrictions as illegal.

Published 31 Mar, 2007 12:00am

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

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