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Print - 2007-07-03
Memon would grab PPIB managing director post

Memon would grab PPIB managing director post

Yousaf Memon, Additional Secretary, Ministry of Water and Power, will take additional charge of Managing Director, Private Power Infrastructure Board (PPIB), in the second week of July, it is learnt reliably. The incumbent Managing Director, Khalid Irfan
Published 03 Jul, 2007 12:00am
Memon would grab PPIB managing director post

Memon would grab PPIB managing director post

Yousaf Memon, Additional Secretary, Ministry of Water and Power, will take additional charge of Managing Director, Private Power Infrastructure Board (PPIB), in the second week of July, it is learnt reliably. The incumbent Managing Director, Khalid Irfan
Published 03 Jul, 2007 12:00am
SPI-based inflation up 7.65 percent

SPI-based inflation up 7.65 percent

The SPI-based inflation was up 7.65 percent at the closing week of financial year 2006-07 against the same period of last year affecting the lower income group. According to statistics released by the Federal Board of Statistic for the week ending June 28
Published 03 Jul, 2007 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Monday (July 02, 2007).

Published 03 Jul, 2007 12:00am
SPI-based inflation up 7.65 percent

SPI-based inflation up 7.65 percent

The SPI-based inflation was up 7.65 percent at the closing week of financial year 2006-07 against the same period of last year affecting the lower income group. According to statistics released by the Federal Board of Statistic for the week ending June 28
Published 03 Jul, 2007 12:00am
SPI-based inflation up 7.65 percent

SPI-based inflation up 7.65 percent

The SPI-based inflation was up 7.65 percent at the closing week of financial year 2006-07 against the same period of last year affecting the lower income group. According to statistics released by the Federal Board of Statistic for the week ending June 28
Published 03 Jul, 2007 12:00am
Seven Spanish tourists killed in Yemen bombing

Seven Spanish tourists killed in Yemen bombing

Seven Spanish tourists and two Yemeni drivers were killed on Monday when a suicide bomber rammed his explosives-laden car into their convoy at an ancient temple in Yemen on Monday, officials said. The interior ministry said the bombing in the restive nort
Published 03 Jul, 2007 12:00am
Industry pays dearly for non-compliance of standards

Industry pays dearly for non-compliance of standards

: Pakistani industry is paying a heavy price for non-compliance of standards and certification culture. Abdul Ghaffar Soomro, Director General, Pakistan Standards and Quality Control Authority (PSQCA) highlighted this situation before the sub-committee me
Published 03 Jul, 2007 12:00am
Angola rescinds British Airways permit, talks ensue

Angola rescinds British Airways permit, talks ensue

Angola's civil aviation authority has rescinded British Airways' permit to fly into the African nation, prompting talks between the British and Angolan governments, a spokesman for the airline said on Monday.
Published 03 Jul, 2007 12:00am
Egypt inflation drops to 10 percent

Egypt inflation drops to 10 percent

Inflation in Egypt declined to 10 percent in the year to May 2007 from 11.7 percent in the year to April, a monthly government report on economic indicators showed on Monday. The month-to-month rate slid to -0.2 percent in May from 0.4 percent in April.
Published 03 Jul, 2007 12:00am
Member To Member

Member To Member

Members have subsequently reported the transactions on Monday (July 02, 2007).

Published 03 Jul, 2007 12:00am
Venezuela June inflation speeds up to 1.8 percent

Venezuela June inflation speeds up to 1.8 percent

Venezuela's consumer prices rose by a greater-than-expected 1.8 percent in June, accelerating from a 1.7 percent rise in May as strong public spending and oil income spur the highest inflation in Latin America.
Published 03 Jul, 2007 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Monday (July 02, 2007).

Published 03 Jul, 2007 12:00am
India's trade deficit jumps

India's trade deficit jumps

India's trade deficit grew by 45 percent in May to 6.21 billion dollars compared with last year as imports leapt thanks to a rapidly growing economy, according to data released on Monday. The deficit, which was swelled by non-oil goods, was up from 4.26 b
Published 03 Jul, 2007 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 03 Jul, 2007 12:00am
Bulls stage comeback on ISE

Bulls stage comeback on ISE

Bulls returned in the driving seat at the Islamabad Stock Exchange (ISE) where fresh buying spree in trend-setters moved the entire ready-board in upward direction amid increase in index. ISE-10 Index showed an increase of 45.76 points as the index moved
Published 03 Jul, 2007 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 03 Jul, 2007 12:00am
Bulls stage comeback on ISE

Bulls stage comeback on ISE

Bulls returned in the driving seat at the Islamabad Stock Exchange (ISE) where fresh buying spree in trend-setters moved the entire ready-board in upward direction amid increase in index. ISE-10 Index showed an increase of 45.76 points as the index moved
Published 03 Jul, 2007 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 03 Jul, 2007 12:00am
LSE index gains 63.28 points

LSE index gains 63.28 points

Share prices staged a sharp rally on the Lahore Stock Exchange (LSE) on Monday, with oil and gas sector, refineries and telecom stocks remaining in the forefront, resultantly, the market ended with a substantial gain of 1.30 percent.
Published 03 Jul, 2007 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Monday (July 02, 2007).

Published 03 Jul, 2007 12:00am
LSE index gains 63.28 points

LSE index gains 63.28 points

Share prices staged a sharp rally on the Lahore Stock Exchange (LSE) on Monday, with oil and gas sector, refineries and telecom stocks remaining in the forefront, resultantly, the market ended with a substantial gain of 1.30 percent.
Published 03 Jul, 2007 12:00am
NWFP Assembly bans private interest-based lending

NWFP Assembly bans private interest-based lending

The NWFP legislature on Monday unanimously adopted a private members bill prohibiting interest on private loans in the province under which no individual would be allowed to lend money on interest. The bill was moved by JUI-S member Ikramullah Shahid.
Published 03 Jul, 2007 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 03 Jul, 2007 12:00am
NWFP Assembly bans private interest-based lending

NWFP Assembly bans private interest-based lending

The NWFP legislature on Monday unanimously adopted a private members bill prohibiting interest on private loans in the province under which no individual would be allowed to lend money on interest. The bill was moved by JUI-S member Ikramullah Shahid.
Published 03 Jul, 2007 12:00am
UBL GDR offering: PC barred from allowing IFC participation

UBL GDR offering: PC barred from allowing IFC participation

Prime Minister Shaukat Aziz has barred the Privatisation Commission (PC) from allowing the International Finance Corporation (IFC), an arm of the World Bank (WB), to participate in Global Depository Receipts (GDR) offering of United Bank Limited (UBL), so
Published 03 Jul, 2007 12:00am
UBL GDR offering: PC barred from allowing IFC participation

UBL GDR offering: PC barred from allowing IFC participation

Prime Minister Shaukat Aziz has barred the Privatisation Commission (PC) from allowing the International Finance Corporation (IFC), an arm of the World Bank (WB), to participate in Global Depository Receipts (GDR) offering of United Bank Limited (UBL), so
Published 03 Jul, 2007 12:00am
UBL GDR offering: PC barred from allowing IFC participation

UBL GDR offering: PC barred from allowing IFC participation

Prime Minister Shaukat Aziz has barred the Privatisation Commission (PC) from allowing the International Finance Corporation (IFC), an arm of the World Bank (WB), to participate in Global Depository Receipts (GDR) offering of United Bank Limited (UBL), so
Published 03 Jul, 2007 12:00am
Furnace oil price shoots up to Rs 26,745 per ton

Furnace oil price shoots up to Rs 26,745 per ton

Furnace oil price has shot up by 5 percent to an all-time high level of Rs 26,745 per ton in the domestic market in the wake of soaring international prices, dealers said on Monday.
Published 03 Jul, 2007 12:00am
Furnace oil price shoots up to Rs 26,745 per ton

Furnace oil price shoots up to Rs 26,745 per ton

Furnace oil price has shot up by 5 percent to an all-time high level of Rs 26,745 per ton in the domestic market in the wake of soaring international prices, dealers said on Monday.
Published 03 Jul, 2007 12:00am
Furnace oil price shoots up to Rs 26,745 per ton

Furnace oil price shoots up to Rs 26,745 per ton

Furnace oil price has shot up by 5 percent to an all-time high level of Rs 26,745 per ton in the domestic market in the wake of soaring international prices, dealers said on Monday.
Published 03 Jul, 2007 12:00am
UN offers aid to mitigate rains sufferings

UN offers aid to mitigate rains sufferings

The United Nations and other agencies offered aid and helicopters to Pakistan on Monday after floods unleashed by a cyclone and days of torrential rain badly affected 1.5 million people. More than 600 have been killed as the annual summer monsoon brings d
Published 03 Jul, 2007 12:00am
BRIndex30 gains 68.26 points

BRIndex30 gains 68.26 points

On Monday, the BRIndex30 opened in the positive zone at 15,486.36, with an upward gap 77.66 points, and remained there for whole of the trading time, closing at 15,476.96 with a net positive change of 68.26 points, or 0.44 percent.
Published 03 Jul, 2007 12:00am
BRIndex30 gains 68.26 points

BRIndex30 gains 68.26 points

On Monday, the BRIndex30 opened in the positive zone at 15,486.36, with an upward gap 77.66 points, and remained there for whole of the trading time, closing at 15,476.96 with a net positive change of 68.26 points, or 0.44 percent.
Published 03 Jul, 2007 12:00am
Bulls stage comeback

Bulls stage comeback

The Karachi share market on Monday, the first day of new fiscal year 2007-08, witnessed a fresh bull-run, with the KSE-100 index crossing new high 13,900 points mark and closing at 13,929.70 points with a gain of 157.24 points on the back of renewed buyin
Published 03 Jul, 2007 12:00am
Bulls stage comeback

Bulls stage comeback

The Karachi share market on Monday, the first day of new fiscal year 2007-08, witnessed a fresh bull-run, with the KSE-100 index crossing new high 13,900 points mark and closing at 13,929.70 points with a gain of 157.24 points on the back of renewed buyin
Published 03 Jul, 2007 12:00am
Bulls stage comeback

Bulls stage comeback

The Karachi share market on Monday, the first day of new fiscal year 2007-08, witnessed a fresh bull-run, with the KSE-100 index crossing new high 13,900 points mark and closing at 13,929.70 points with a gain of 157.24 points on the back of renewed buyin
Published 03 Jul, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Monday (July 02, 2007).

Published 03 Jul, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Monday (July 02, 2007).

Published 03 Jul, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Monday (July 02, 2007).

Published 03 Jul, 2007 12:00am
KSE to approach SECP for raise in CFS limit

KSE to approach SECP for raise in CFS limit

The board of directors of the Karachi Stock Exchange (KSE) has once again proposed the enhancement of CFS upper cap from existing Rs 55 billion level to another higher limit to help meet investors' needs in a fast growing market.
Published 03 Jul, 2007 12:00am
Prime Minister urges media to project country's soft, positive image

Prime Minister urges media to project country's soft, positive image

Prime Minister Shaukat Aziz on Monday reiterating government's commitment to media freedom urged the media to focus on projecting a positive and soft image of the country. Inaugurating the third Roundtable Conference on Advertising in Pakistan organised b
Published 03 Jul, 2007 12:00am
German fair: no visa recommended for GMNA Sports

German fair: no visa recommended for GMNA Sports

Political rivalry is alleged blocking issuance of recommendatory visa letter to the partners of private sports manufacturing company in Sialkot. The firm - GMNA Sports (Mfg) Co - is to participate in the fair scheduled to be held in Germany this October b
Published 03 Jul, 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 (July 02, 2007).
Published 03 Jul, 2007 12:00am
PC fails to achieve sell-off target

PC fails to achieve sell-off target

The Privatisation Commission has miserably failed to achieve its sell-off target for 2006-07, as it could not get through even a single major transaction of any sector during the last 365 days.
Published 03 Jul, 2007 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Monday (July 02, 2007).

Published 03 Jul, 2007 12:00am
PC fails to achieve sell-off target

PC fails to achieve sell-off target

The Privatisation Commission has miserably failed to achieve its sell-off target for 2006-07, as it could not get through even a single major transaction of any sector during the last 365 days.
Published 03 Jul, 2007 12:00am
PC fails to achieve sell-off target

PC fails to achieve sell-off target

The Privatisation Commission has miserably failed to achieve its sell-off target for 2006-07, as it could not get through even a single major transaction of any sector during the last 365 days.
Published 03 Jul, 2007 12:00am
New York cotton

New York cotton

Monday's closing prices of New York cotton in US cents/lb.

Published 03 Jul, 2007 12:00am
New York cotton

New York cotton

Monday's closing prices of New York cotton in US cents/lb.

Published 03 Jul, 2007 12:00am
Iraq receives 100,000 tonnes of North American wheat

Iraq receives 100,000 tonnes of North American wheat

Iraq's Umm Qasr port is unloading cargoes from two vessels carrying 100,000 tonnes of North American wheat purchased by the state grain agency last December, shippers and traders said on Monday.
Published 03 Jul, 2007 12:00am
India slows South African coal buying

India slows South African coal buying

Indian buying of South African coal has slowed considerably and is unlikely to pick up until September, when current high stocks have been consumed, Indian traders said. Almost all of South Africa's 65 million tonnes a year coal exports are sold into Euro
Published 03 Jul, 2007 12:00am
Oil cake market rates

Oil cake market rates

The July vaida was unchanged while the December vaida turned lower on the forward cottonseed oilcake market on Monday in process of trading, brokers said. The July vaida was unchanged at Rs 650.00 and closing was seen at the same level without any variati
Published 03 Jul, 2007 12:00am
Ginners raise asking prices after a deal at Rs 3000

Ginners raise asking prices after a deal at Rs 3000

Prices move upward on the cotton marker on Monday as a deal stuck at Rs 3000, which was the season's peak level, dealers said. The Karachi Cotton Association (KCA) official spot rate was unchanged at Rs 2650, they added.
Published 03 Jul, 2007 12:00am
Prices show upward trend on grain market

Prices show upward trend on grain market

Upward trend was seen on the grain market on Monday though most of the buyers kept on the sidelines due to higher prices, dealers said. On the seed side rapeseed Nawabshah low type gained Rs 40 to Rs 1150, good type rose by Rs 35 to Rs 1135.
Published 03 Jul, 2007 12:00am
Ivorian cocoa arrivals seen rising

Ivorian cocoa arrivals seen rising

Cocoa arrivals at ports in Ivory Coast from October 1 to July 1 reached around 1,138,000 tonnes compared with 1,269,334 tonnes received in the same period a year earlier, according to an estimate by exporters on Monday. Exporters estimated around 9,000 to
Published 03 Jul, 2007 12:00am
US Midwest soyabean bids fall, corn flat

US Midwest soyabean bids fall, corn flat

Spot basis bids for soyabeans fell at locations around the US Midwest on Monday following a rally in the futures market that pushed cash prices sharply higher, grain dealers said. Cash bids for corn were mostly unchanged as most dealers think there will b
Published 03 Jul, 2007 12:00am
Gulf soyabean weak, corn steady to higher

Gulf soyabean weak, corn steady to higher

US CIF barge basis values for soyabeans were weak Monday, pressured by strong rallies in soyabean futures on Friday and in overnight electronic trading, traders said. Corn basis offers were steady to higher, supported by strong export demand.
Published 03 Jul, 2007 12:00am
US Plains HRW wheat bids steady to weaker

US Plains HRW wheat bids steady to weaker

US Plains hard red winter wheat basis bids were steady to weaker on Monday, with rain-related harvest delays persisting in many central and eastern areas of Kansas, the top US wheat-growing state. Flooding through the eastern part of the state was severe,
Published 03 Jul, 2007 12:00am
Argentina sells 8.82 million tonnes wheat

Argentina sells 8.82 million tonnes wheat

Argentine 2006/07 wheat export commitments totalled 8.82 million tonnes by June 29, unchanged from a week earlier, the Agriculture Secretariat said in its latest weekly report. By the same date last year, Argentina had sold 7.05 million tonnes of the grai
Published 03 Jul, 2007 12:00am