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Nov 15, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2007-05-25
Lal Masjid administration frees cops

Lal Masjid administration frees cops

The administration of Lal Masjid on Thursday unconditionally freed the remaining two policemen after holding them hostage for almost a week. The seminary students had abducted four officials while they were on duty in plainclothes last Friday in a bid to
Published 25 May, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (May 24, 2007).

Published 25 May, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (May 24, 2007).

Published 25 May, 2007 12:00am
Industrial parks: EGIBL to arrange Rs two billion Sukuk

Industrial parks: EGIBL to arrange Rs two billion Sukuk

Emirates Global Islamic Bank Limited (EGIBL) will act as financial advisors to arrange the first ever rupees two billion Sukuk, issued for the infrastructure development of industrial parks in Pakistan.
Published 25 May, 2007 12:00am
Industrial parks: EGIBL to arrange Rs two billion Sukuk

Industrial parks: EGIBL to arrange Rs two billion Sukuk

Emirates Global Islamic Bank Limited (EGIBL) will act as financial advisors to arrange the first ever rupees two billion Sukuk, issued for the infrastructure development of industrial parks in Pakistan.
Published 25 May, 2007 12:00am
POF signs MoU with Turkish Company

POF signs MoU with Turkish Company

Pakistan Ordnance Factories (POF) on Thursday signed a memorandum of understanding (MoU) with one of the prominent Defence Production Companies Makina Ve Kimya Endustrisi Kurumu (Mkek), Ankara (Turkey) to carry forward the political and defence relations
Published 25 May, 2007 12:00am
THE RUPEE: dollar unchanged

THE RUPEE: dollar unchanged

Firmness prevailed in the interbank market on Thursday as the rupee held its overnight levels against dollar for buying and selling at Rs 60.74 and Rs 60.75, dealers said. Supply of dollars was strong which saved the rupee from moving any side and it is e
Published 25 May, 2007 12:00am
July-April motor vehicles import declines

July-April motor vehicles import declines

Import of road motor vehicles, build units CKD/SKD, has declined to 1.154 billion dollar during the first 10 months of current fiscal, down by 13.18 percent from 1.329 billion dollar over the same period last year.
Published 25 May, 2007 12:00am
THE RUPEE: dollar unchanged

THE RUPEE: dollar unchanged

Firmness prevailed in the interbank market on Thursday as the rupee held its overnight levels against dollar for buying and selling at Rs 60.74 and Rs 60.75, dealers said. Supply of dollars was strong which saved the rupee from moving any side and it is e
Published 25 May, 2007 12:00am
July-April motor vehicles import declines

July-April motor vehicles import declines

Import of road motor vehicles, build units CKD/SKD, has declined to 1.154 billion dollar during the first 10 months of current fiscal, down by 13.18 percent from 1.329 billion dollar over the same period last year.
Published 25 May, 2007 12:00am
July-April motor vehicles import declines

July-April motor vehicles import declines

Import of road motor vehicles, build units CKD/SKD, has declined to 1.154 billion dollar during the first 10 months of current fiscal, down by 13.18 percent from 1.329 billion dollar over the same period last year.
Published 25 May, 2007 12:00am
Ghee makers' violation: CBR may issue sales tax ruling

Ghee makers' violation: CBR may issue sales tax ruling

The Central Board of Revenue (CBR) is likely to issue a sales tax ruling to ascertain payment of sales tax on supplies made by the manufacturers of ghee/cooking oil to producers of commodities like biscuits and other confectionery items.
Published 25 May, 2007 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Thursday (May 24, 2007).

Published 25 May, 2007 12:00am
US expert panel urges regulation of tobacco

US expert panel urges regulation of tobacco

The US Food and Drug Administration should be given the power to regulate tobacco products and cigarette taxes should be hiked as part of a government campaign to reduce smoking, an expert panel recommended on Thursday.
Published 25 May, 2007 12:00am
ISE index up 12.88 points

ISE index up 12.88 points

Bulls showed healthy signs at the Islamabad Stock Exchange (ISE) where fresh buying spree in hot favourite moved the entire ready-board in upward direction amid increase in index. ISE Ten Index showed an improvement of 12.88 points as the index moved from
Published 25 May, 2007 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Thursday (May 24, 2007).

Published 25 May, 2007 12:00am
ISE index up 12.88 points

ISE index up 12.88 points

Bulls showed healthy signs at the Islamabad Stock Exchange (ISE) where fresh buying spree in hot favourite moved the entire ready-board in upward direction amid increase in index. ISE Ten Index showed an improvement of 12.88 points as the index moved from
Published 25 May, 2007 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 25 May, 2007 12:00am
Gram pulse export suspended

Gram pulse export suspended

The government has suspended the export of gram pulse with immediate effect to check price hike in domestic market, Prime Minister Shaukat Aziz announced on Thursday. The Prime Minister was talking to media persons after chairing a special meeting to revi
Published 25 May, 2007 12:00am
Board meetings in progress

Board meetings in progress

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

Published 25 May, 2007 12:00am
Gram pulse export suspended

Gram pulse export suspended

The government has suspended the export of gram pulse with immediate effect to check price hike in domestic market, Prime Minister Shaukat Aziz announced on Thursday. The Prime Minister was talking to media persons after chairing a special meeting to revi
Published 25 May, 2007 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 25 May, 2007 12:00am
Gram pulse export suspended

Gram pulse export suspended

The government has suspended the export of gram pulse with immediate effect to check price hike in domestic market, Prime Minister Shaukat Aziz announced on Thursday. The Prime Minister was talking to media persons after chairing a special meeting to revi
Published 25 May, 2007 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 25 May, 2007 12:00am
Government employees can't join foreign associations and clubs

Government employees can't join foreign associations and clubs

The federal government has imposed restrictions on government employees becoming members of foreign sponsored associations or clubs, suspecting that efforts might be afoot to collect secret information about sensitive areas of Pakistan, official sources t
Published 25 May, 2007 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Thursday (May 24, 2007).

Published 25 May, 2007 12:00am
Government employees can't join foreign associations and clubs

Government employees can't join foreign associations and clubs

The federal government has imposed restrictions on government employees becoming members of foreign sponsored associations or clubs, suspecting that efforts might be afoot to collect secret information about sensitive areas of Pakistan, official sources t
Published 25 May, 2007 12:00am
Jamali seeks government-opposition rapprochement

Jamali seeks government-opposition rapprochement

Former Prime Minister and veteran Muslim Leaguer, Mir Zafarullah Khan Jamali, has called upon the government and opposition to sit together for the sake of Pakistan. Talking to a select group of newsmen during his visit to the office of Pakistan Hockey Fe
Published 25 May, 2007 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 25 May, 2007 12:00am
BRIndex30 up 276.98 points

BRIndex30 up 276.98 points

On Thursday, BRIndex30 opened in the positive zone at 13,918.19 with a positive gap of 93.9 points. It closed at 14,101.37, registered a net positive change of 276.98 points and percentage change of 2.00. The BRIndex30 made an intra-day high of 14,115.83
Published 25 May, 2007 12:00am
BRIndex30 up 276.98 points

BRIndex30 up 276.98 points

On Thursday, BRIndex30 opened in the positive zone at 13,918.19 with a positive gap of 93.9 points. It closed at 14,101.37, registered a net positive change of 276.98 points and percentage change of 2.00. The BRIndex30 made an intra-day high of 14,115.83
Published 25 May, 2007 12:00am
KSE-100 index hits all-time high

KSE-100 index hits all-time high

The KSE-100 index has reached its all-time high level and finally settled at its highest ever record level of 12,663.41 points with net gain of 167.24 points on Thursday on the back of strong fundamentals, political stability and fresh foreign investment
Published 25 May, 2007 12:00am
KSE-100 index hits all-time high

KSE-100 index hits all-time high

The KSE-100 index has reached its all-time high level and finally settled at its highest ever record level of 12,663.41 points with net gain of 167.24 points on Thursday on the back of strong fundamentals, political stability and fresh foreign investment
Published 25 May, 2007 12:00am
KSE-100 index hits all-time high

KSE-100 index hits all-time high

The KSE-100 index has reached its all-time high level and finally settled at its highest ever record level of 12,663.41 points with net gain of 167.24 points on Thursday on the back of strong fundamentals, political stability and fresh foreign investment
Published 25 May, 2007 12:00am
Textile industry facing worst crisis: Aptma

Textile industry facing worst crisis: Aptma

All Pakistan Textile Mills Association (Aptma) spokesman Tanvir Sheikh has said that the textile industry is experiencing the worst crisis in Pakistan's history as no steps are being taken by the government to remedy the situation.
Published 25 May, 2007 12:00am
$750 million accepted for Eurobond at 6.875 percent: Prime Minister

$750 million accepted for Eurobond at 6.875 percent: Prime Minister

Pakistan has decided to accept offering of $750 million received for Eurobond at 6.875 percent interest. It is 40 basis points less than the bond floatation last year. We intend to raise $500 million through Eurobond issue, but it was oversubscribed by $3
Published 25 May, 2007 12:00am
$750 million accepted for Eurobond at 6.875 percent: Prime Minister

$750 million accepted for Eurobond at 6.875 percent: Prime Minister

Pakistan has decided to accept offering of $750 million received for Eurobond at 6.875 percent interest. It is 40 basis points less than the bond floatation last year. We intend to raise $500 million through Eurobond issue, but it was oversubscribed by $3
Published 25 May, 2007 12:00am
$750 million accepted for Eurobond at 6.875 percent: Prime Minister

$750 million accepted for Eurobond at 6.875 percent: Prime Minister

Pakistan has decided to accept offering of $750 million received for Eurobond at 6.875 percent interest. It is 40 basis points less than the bond floatation last year. We intend to raise $500 million through Eurobond issue, but it was oversubscribed by $3
Published 25 May, 2007 12:00am
$750 million accepted for Eurobond at 6.875 percent: Prime Minister

$750 million accepted for Eurobond at 6.875 percent: Prime Minister

Pakistan has decided to accept offering of $750 million received for Eurobond at 6.875 percent interest. It is 40 basis points less than the bond floatation last year. We intend to raise $500 million through Eurobond issue, but it was oversubscribed by $3
Published 25 May, 2007 12:00am
Cane growers threaten countrywide protests

Cane growers threaten countrywide protests

President Chamber of Agriculture Punjab Chaudhry Sultan Ali has criticised the government for adopting dilly-dallying attitude in resolving farmers' issues in sugar industry, resulting into stuck up of sugarcane payments with the sugar mills.
Published 25 May, 2007 12:00am
Variation in duty assessment on goods import detected

Variation in duty assessment on goods import detected

The Central Board of Revenue (CBR) found variation in assessment of customs duty on the import of commodity cleared through two different computerised systems ie "One Customs" and Pakistan Customs Computerized System (PACCS).
Published 25 May, 2007 12:00am
Variation in duty assessment on goods import detected

Variation in duty assessment on goods import detected

The Central Board of Revenue (CBR) found variation in assessment of customs duty on the import of commodity cleared through two different computerised systems ie "One Customs" and Pakistan Customs Computerized System (PACCS).
Published 25 May, 2007 12:00am
Variation in duty assessment on goods import detected

Variation in duty assessment on goods import detected

The Central Board of Revenue (CBR) found variation in assessment of customs duty on the import of commodity cleared through two different computerised systems ie "One Customs" and Pakistan Customs Computerized System (PACCS).
Published 25 May, 2007 12:00am
Judges should have a right of appeal: Supreme Court

Judges should have a right of appeal: Supreme Court

The Supreme Court has observed that judges should have a right of appeal against their removal under Article 209 on the recommendation of the Supreme Judicial Council (SJC). The full Supreme Court bench made this observation during hearing of petition of
Published 25 May, 2007 12:00am
Judges should have a right of appeal: Supreme Court

Judges should have a right of appeal: Supreme Court

The Supreme Court has observed that judges should have a right of appeal against their removal under Article 209 on the recommendation of the Supreme Judicial Council (SJC). The full Supreme Court bench made this observation during hearing of petition of
Published 25 May, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Thursday (May 24, 2007).

Published 25 May, 2007 12:00am
Bid to give ethnic colour to Karachi mayhem doomed to fail: President

Bid to give ethnic colour to Karachi mayhem doomed to fail: President

President General Pervez Musharraf has said on Thursday that he would not let anyone to give ethnic colour to May 12 incident, adding that Karachi would remain a city of peace, tranquillity and brotherhood, and the attempts to give an ethnic colour to the
Published 25 May, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Thursday (May 24, 2007).

Published 25 May, 2007 12:00am
Bid to give ethnic colour to Karachi mayhem doomed to fail: President

Bid to give ethnic colour to Karachi mayhem doomed to fail: President

President General Pervez Musharraf has said on Thursday that he would not let anyone to give ethnic colour to May 12 incident, adding that Karachi would remain a city of peace, tranquillity and brotherhood, and the attempts to give an ethnic colour to the
Published 25 May, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Thursday (May 24, 2007).

Published 25 May, 2007 12:00am
Pakistan and EU moving closer to Third Generation Agreement

Pakistan and EU moving closer to Third Generation Agreement

Pakistan and European Union (EU) have discussed in depth all the aspects of Third Generation Agreement (TGA) and are moving closer despite the fact that it involves multiplicity of issues, said James Moran, European Union Director external relations for A
Published 25 May, 2007 12:00am
LSE index gains 58.08 points

LSE index gains 58.08 points

Share prices moved ahead with a rapid pace on Thursday on account of aggressive buying in the insurance sector and key banks, pushing the market up by 1.27 percent. The LSE-25 index closed at 4608.60 points versus 4550.52 of Wednesday, registering a net i
Published 25 May, 2007 12:00am
LSE index gains 58.08 points

LSE index gains 58.08 points

Share prices moved ahead with a rapid pace on Thursday on account of aggressive buying in the insurance sector and key banks, pushing the market up by 1.27 percent. The LSE-25 index closed at 4608.60 points versus 4550.52 of Wednesday, registering a net i
Published 25 May, 2007 12:00am
MV Emirates Karan to make inaugural call on Karachi

MV Emirates Karan to make inaugural call on Karachi

Emirates Karan will be the first vessel of Emirates Shipping Line to call a port in Pakistan. Emirates Shipping Line will call QICT terminal at Port Qasim and the first call is due May 30th. Emirates Shipping Line had announced the launch of two new servi
Published 25 May, 2007 12:00am
National Assembly panel asks PC to review NIT sell-off policy

National Assembly panel asks PC to review NIT sell-off policy

The National Assembly standing committee on privatisation has strongly opposed National Investment Trust (NIT) sell-off and asked the Privatisation Commission to have a second look on its policy towards this key institution.
Published 25 May, 2007 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (May 24, 2007).

Published 25 May, 2007 12:00am
National Assembly panel asks PC to review NIT sell-off policy

National Assembly panel asks PC to review NIT sell-off policy

The National Assembly standing committee on privatisation has strongly opposed National Investment Trust (NIT) sell-off and asked the Privatisation Commission to have a second look on its policy towards this key institution.
Published 25 May, 2007 12:00am
National Assembly panel asks PC to review NIT sell-off policy

National Assembly panel asks PC to review NIT sell-off policy

The National Assembly standing committee on privatisation has strongly opposed National Investment Trust (NIT) sell-off and asked the Privatisation Commission to have a second look on its policy towards this key institution.
Published 25 May, 2007 12:00am
National Assembly panel asks PC to review NIT sell-off policy

National Assembly panel asks PC to review NIT sell-off policy

The National Assembly standing committee on privatisation has strongly opposed National Investment Trust (NIT) sell-off and asked the Privatisation Commission to have a second look on its policy towards this key institution.
Published 25 May, 2007 12:00am
Picic sold

Picic sold

Country''s largest financial conglomerate, Pakistan Industrial Credit and Investment Corporation (Picic) has been sold. Considered to be the biggest deal amounting to US $350 million being the sale proceeds of Picic was approved by NIB bank and Tamasic Gr
Published 25 May, 2007 12:00am
Picic sold

Picic sold

Country's largest financial conglomerate, Pakistan Industrial Credit and Investment Corporation (Picic) has been sold. Considered to be the biggest deal amounting to US $350 million being the sale proceeds of Picic was approved by NIB bank and Tamasic Gro
Published 25 May, 2007 12:00am
Picic sold

Picic sold

Country's largest financial conglomerate, Pakistan Industrial Credit and Investment Corporation (Picic) has been sold. Considered to be the biggest deal amounting to US $350 million being the sale proceeds of Picic was approved by NIB bank and Tamasic Gro
Published 25 May, 2007 12:00am
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