News Archives for Print - 2007-07-07

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Friday (July 06, 2007).

Published 07 Jul, 2007 12:00am

China donates $0.2 million for flood-hit areas

The Chinese government has donated $0.20 million to Pakistan for disaster relief efforts, said a press release issued by the Embassy of China here on Friday. For the same purpose, a batch of anti-malarial drugs worth about $0.13 million was delivered to t

Published 07 Jul, 2007 12:00am

KKI closing rates of currency notes

Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Friday (July 06, 2007).

Published 07 Jul, 2007 12:00am

PSMA urges government to buy 0.5 million tonnes sugar

Pakistan Sugar Mills Association (Punjab Zone) has urged the government to immediately build buffer stocks of 500,000 tonnes at already agreed price of Rs 31 per kg, to enable the sugar mills to start next crushing season in time and also clear the grower

Published 07 Jul, 2007 12:00am

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (July 06, 2007).

Published 07 Jul, 2007 12:00am

Four kidnappers among six killed

Six people were killed in a gunbattle in a tribal area on Friday after masked assailants abducted an official from a military college, officials said. Masked gunmen in the troubled tribal region of North Waziristan, bundled into their car Faisal Islam, an

Published 07 Jul, 2007 12:00am

Currency values in terms of Special Drawing Rights

The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special Drawing Rights (SDR).

Published 07 Jul, 2007 12:00am

Four kidnappers among six killed

Six people were killed in a gunbattle in a tribal area on Friday after masked assailants abducted an official from a military college, officials said. Masked gunmen in the troubled tribal region of North Waziristan, bundled into their car Faisal Islam, an

Published 07 Jul, 2007 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (July 06, 2007).

Published 07 Jul, 2007 12:00am

Army starts relief operations

The Pakistan Army has started relief operations in flood-hit areas of the Shahdadkot, Kumber and Katcha areas of the Larkana. General Officer Commanding (GOC) Pano Akil Garrison, Major General Mumataz Bajwa told on Friday.

Published 07 Jul, 2007 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (July 06, 2007).

Published 07 Jul, 2007 12:00am

Non-representation of PSQCA on TDAP board may hamper exports

Non-representation of Pakistan Standards and Quality Control Authority (PSQCA) on the Board of Management of Trade Development Authority (TDAP) is likely to make it difficult for Pakistan to achieve its export targets.

Published 07 Jul, 2007 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (July 06, 2007).

Published 07 Jul, 2007 12:00am

Non-representation of PSQCA on TDAP board may hamper exports

Non-representation of Pakistan Standards and Quality Control Authority (PSQCA) on the Board of Management of Trade Development Authority (TDAP) is likely to make it difficult for Pakistan to achieve its export targets.

Published 07 Jul, 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 (July 06, 2007).

Published 07 Jul, 2007 12:00am

Non-representation of PSQCA on TDAP board may hamper exports

Non-representation of Pakistan Standards and Quality Control Authority (PSQCA) on the Board of Management of Trade Development Authority (TDAP) is likely to make it difficult for Pakistan to achieve its export targets.

Published 07 Jul, 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 (July 06, 2007).

Published 07 Jul, 2007 12:00am

PTCL reduces IP bandwidth tariff

The Pakistan Telecommunication Company Limited (PTCL) has further reduced its IP bandwidth tariffs that will directly benefit the Internet service providers (ISPs), data network operator and the Call centre industry.

Published 07 Jul, 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 (July 06, 2007).

Published 07 Jul, 2007 12:00am

Dividend on HBL Income Fund announced

The board of directors of HBL Asset Management Limited (the management company) for HBL Income Fund, in their meeting held on Friday, announced dividend payout in the form of bonus units for the year ended June 30.

Published 07 Jul, 2007 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Friday (July 06, 2007).

Published 07 Jul, 2007 12:00am

Dividend on HBL Income Fund announced

The board of directors of HBL Asset Management Limited (the management company) for HBL Income Fund, in their meeting held on Friday, announced dividend payout in the form of bonus units for the year ended June 30.

Published 07 Jul, 2007 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Friday (July 06, 2007).

Published 07 Jul, 2007 12:00am

Countdown starts to find modern seven global wonders

Peru's Machu Picchu, Jordan's Petra and the Acropolis were among the top contenders to be picked as the new seven Wonders of the World with just a few hours to go in a massive poll to pick the winners. Voting in what may be the biggest ever global online

Published 07 Jul, 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 (July 06, 2007).

Published 07 Jul, 2007 12:00am

Off-market deals reporting made mandatory

The governing board of directors of Karachi Stock Exchange (KSE) has decided to make reporting of all off-market transactions mandatory for members with immediate effect. The governing board, in its meeting held on July 2, reviewed the matter as advised b

Published 07 Jul, 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 (July 06, 2007).

Published 07 Jul, 2007 12:00am

Off-market deals reporting made mandatory

The governing board of directors of Karachi Stock Exchange (KSE) has decided to make reporting of all off-market transactions mandatory for members with immediate effect. The governing board, in its meeting held on July 2, reviewed the matter as advised b

Published 07 Jul, 2007 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (July 06, 2007).

Published 07 Jul, 2007 12:00am

ISE index up 97.10 points

Bulls dominated the proceedings at the Islamabad Stock Exchange (ISE) on Friday where fresh buying spree in hot favourites moved the entire ready board in upward direction amid increase in index. ISE Ten Index showed an increase of 97.10 points from 2,745

Published 07 Jul, 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 07 Jul, 2007 12:00am

ISE index up 97.10 points

Bulls dominated the proceedings at the Islamabad Stock Exchange (ISE) on Friday where fresh buying spree in hot favourites moved the entire ready board in upward direction amid increase in index. ISE Ten Index showed an increase of 97.10 points from 2,745

Published 07 Jul, 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 07 Jul, 2007 12:00am

Equities stay range-bound on LSE

Equities stayed range-bound on Lahore Stock Exchange (LSE) on Friday, the last trading day of the week. However, the sentiment remained bullish following buying interest in side items. The LSE-25 index ended at 4,879.79 points against of 4,875.74 of Thurs

Published 07 Jul, 2007 12:00am

Karachi interbank rates

Karachi interbank rates on Friday (July 06, 2007).

Published 07 Jul, 2007 12:00am

Equities stay range-bound on LSE

Equities stayed range-bound on Lahore Stock Exchange (LSE) on Friday, the last trading day of the week. However, the sentiment remained bullish following buying interest in side items. The LSE-25 index ended at 4,879.79 points against of 4,875.74 of Thurs

Published 07 Jul, 2007 12:00am

Aaj TV - Saturday's schedule

All timings are in PST (Pakistan Standard Time).

Published 07 Jul, 2007 12:00am

Islamabad says its writ in NWFP and FATA shrinking

For the first time, the government has conceded that its writ in the tribal areas and NWFP is shrinking gradually, morale of the law enforcing agencies is declining and the Lal Masjid's stand-off has further added fuel to the fire.

Published 07 Jul, 2007 12:00am

The valley of Bamburet to open shorltly for tourists

The most picturesque valley - Bamburet - inhabited by the Kalash tribe is going to be opened up shortly, for the first time, to the locals as well as foreign tourists in connection with the Visit Pakistan Year-2007.

Published 07 Jul, 2007 12:00am

UBL GDR notches up $13.96 per share in London: launch fetches $650.3 million

Privatisation Minister Zahid Hamid on Friday launched United Bank Limited Gross Depository Receipts (GDRs) on the London Stock Exchange marking Pakistan Capital Markets Day at the world famous bourse and said tat the structural economic reforms introduced

Published 07 Jul, 2007 12:00am

TV THOUGHTS: The Lal Masjid images evoke questions and anxiety; Ameen Sayani memory lane; Karachi Nazim on line

I begin with the Lal Masjid theme, knowing well that it is a changing, developing story as I write this column on a Wednesday evening. Not merely changing, as it perhaps moves towards its finale, but also a sad, worrying frontier of a troubled Pakistan. A

Published 07 Jul, 2007 12:00am

UBL GDR notches up $13.96 per share in London: launch fetches $650.3 million

Privatisation Minister Zahid Hamid on Friday launched United Bank Limited Gross Depository Receipts (GDRs) on the London Stock Exchange marking Pakistan Capital Markets Day at the world famous bourse and said tat the structural economic reforms introduced

Published 07 Jul, 2007 12:00am

Looking for new avenues to enhance citrus export

A delegation of Pakistan Horticulture Development & Export Board comprising exporters and other stake-holders would visit Poland in December this year to explore this new market for kinnow in East Europe.

Published 07 Jul, 2007 12:00am

UBL GDR notches up $13.96 per share in London: launch fetches $650.3 million

Privatisation Minister Zahid Hamid on Friday launched United Bank Limited Gross Depository Receipts (GDRs) on the London Stock Exchange marking Pakistan Capital Markets Day at the world famous bourse and said tat the structural economic reforms introduced

Published 07 Jul, 2007 12:00am

LAHORE CULTURAL DIARY: A new book on Lahore

"Gumshuda Lahore" is the title of a new Urdu book on Punjab's capital, which was launched in the city on June 30 at the Lahore Arts Council. Written by Syed Sharafat Hussain, the book has a painting of Meeraan Bakhsh on its cover. Its launching ceremony,

Published 07 Jul, 2007 12:00am

UBL GDR notches up $13.96 per share in London: launch fetches $650.3 million

Privatisation Minister Zahid Hamid on Friday launched United Bank Limited Gross Depository Receipts (GDRs) on the London Stock Exchange marking Pakistan Capital Markets Day at the world famous bourse and said tat the structural economic reforms introduced

Published 07 Jul, 2007 12:00am

R D Burman, like father like son

Composer Rahul Dev Burman (1939-94), who was affectionately known among his professional colleagues as Pancham, was the son of S.D. Burman, the legendary inventor of new tunes for films. He is fondly remembered by millions of music buffs for the enduring

Published 07 Jul, 2007 12:00am

Government may allow sugar import if millers delay crushing

The government may allow sugar import if the sugar mills stick to their decision to delay cane crushing this season. The sugar import option could be useful as internationally the commodity''s prices are consistently declining.

Published 07 Jul, 2007 12:00am

A new high: brimful of happiness

Awoke with a start, it was getting late , Talib had about twenty aminutes to reach the all important gathering. He couldn't risk being late, so he made a wish to his guardian angel and set off turning his car onto the busy Zamzama thoroughfare. There was

Published 07 Jul, 2007 12:00am

Government may allow sugar import if millers delay crushing

The government may allow sugar import if the sugar mills stick to their decision to delay cane crushing this season. The sugar import option could be useful as internationally the commodity's prices are consistently declining.

Published 07 Jul, 2007 12:00am

CAPITAL CULTURAL SCENE: Revival of genuine theatre

The National College of Arts, Rawalpindi campus, in the wake of degenerating theatrical activities, has initiated a pleasant move for the revival of genuine theatre in the country. The presentation of "Rung" with Paul Burgess, a UK based expert, as its di

Published 07 Jul, 2007 12:00am

Government may allow sugar import if millers delay crushing

The government may allow sugar import if the sugar mills stick to their decision to delay cane crushing this season. The sugar import option could be useful as internationally the commodity's prices are consistently declining.

Published 07 Jul, 2007 12:00am

Sweet And Sour Hurray for happiness

Yes, hurray for happiness, because I have given up the idea of ever becoming a columnist. It had been my desire that when I grow up I would become a columnist. At the age of 78 I thought it is time now to do something about my dream. I didn't realise that

Published 07 Jul, 2007 12:00am

BRIndex30 loses 60.61 points

On Friday, the BR Index30 opened in the positive zone at 15,329.99, but closed at 15,269.38, registering a downward change of -60.61 points and percentage change of -0.40. It experienced intra-day high of 15,381.29 and low of 15,235.45. The volume amounte

Published 07 Jul, 2007 12:00am

Education and class in Pakistan: The growth of the private sector-II

PRIVATE SECTOR SCHOOLING IN PAKISTAN: School enrolment and literacy rates have remained low in Pakistan through the last five decades, since records have been kept. While literacy has improved somewhat (Table 1) since the early 1950s, the figures h

Published 07 Jul, 2007 12:00am

BRIndex30 loses 60.61 points

On Friday, the BR Index30 opened in the positive zone at 15,329.99, but closed at 15,269.38, registering a downward change of -60.61 points and percentage change of -0.40. It experienced intra-day high of 15,381.29 and low of 15,235.45. The volume amounte

Published 07 Jul, 2007 12:00am

KARACHI CHRONICLE: Hoardings: What a rip-off!

You can't take a visitor for a drive to see the city, it is hidden behind 17,000 billboards. What could you show except billboards? Your spiel would go something like this: See that giant advertisement of a burger, isn't it lucious? Just look at the dazzl

Published 07 Jul, 2007 12:00am

KSE-100 index gains 43.89 points

Karachi share market started on positive note and the benchmark KSE-100 index once again breached through 14,000 psychological level and hit 14,028.91 points intra-day high level on Friday on the back of fresh buying in oil and gas sectors.

Published 07 Jul, 2007 12:00am

Fatima Jinnah: Pristine principles personified

Over the decades a good deal has been written on Mohtarma Fatima Jinnah's singular contribution to national politics.

Published 07 Jul, 2007 12:00am

KSE-100 index gains 43.89 points

Karachi share market started on positive note and the benchmark KSE-100 index once again breached through 14,000 psychological level and hit 14,028.91 points intra-day high level on Friday on the back of fresh buying in oil and gas sectors.

Published 07 Jul, 2007 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 113,288 tonnes cargo including 84,587 tonnes import, 28,701 tonnes export cargo and 2,671 containers (TEUs) during last 24 hours ending at 0700 hours on Friday. The cargo comprised of 71,341 tonnes dry cargo including 34,439 tonne

Published 07 Jul, 2007 12:00am

KSE-100 index gains 43.89 points

Karachi share market started on positive note and the benchmark KSE-100 index once again breached through 14,000 psychological level and hit 14,028.91 points intra-day high level on Friday on the back of fresh buying in oil and gas sectors.

Published 07 Jul, 2007 12:00am

HRW wheat bids steady

US Plains hard red winter wheat basis bids were mostly steady on Friday, with farmer selling of new crop supplies slow in most areas. Traders said farmers were unable to push ahead with the harvest in parts of Oklahoma and Kansas due to wet fields, adding

Published 07 Jul, 2007 12:00am

FBR refuses to divulge traders'' data to any body

The Federal Board of Revenue (FBR) has expressed inability to provide trade statistics of individual importers and exporters to both trade associations and government organisations due to absence of legal backing.

Published 07 Jul, 2007 12:00am

US Midwest corn and soyabean bids mostly steady

Spot basis bids for corn and soyabeans were mostly steady around the US Midwest on Thursday amid slow country movement from farmers that were holding out for higher cash prices, dealers said. Cash bids for wheat were steady to firm - rising by 10 cents pe

Published 07 Jul, 2007 12:00am

FBR refuses to divulge traders' data to any body

The Federal Board of Revenue (FBR) has expressed inability to provide trade statistics of individual importers and exporters to both trade associations and government organisations due to absence of legal backing.

Published 07 Jul, 2007 12:00am

Ghana sells physical cocoa on London prices rally

Europe's physical cocoa market has seen heavy bean sales from Ghana's state cocoa board this week as London prices continued to rise, traders said on Friday. European differentials for Ghana beans also rose sharply as buyers sought alternative cover follo

Published 07 Jul, 2007 12:00am

FBR refuses to divulge traders' data to any body

The Federal Board of Revenue (FBR) has expressed inability to provide trade statistics of individual importers and exporters to both trade associations and government organisations due to absence of legal backing.

Published 07 Jul, 2007 12:00am

CBoT corn ends up

Corn futures on the Chicago Board of Trade ended higher on Thursday due to disappointing rainfall midweek in the US Midwest and forecasts for hotter weather by the weekend, traders said. A strong rally in wheat and a technical bounce from the tumble on Tu

Published 07 Jul, 2007 12:00am

Cotton price hits season''s peak level

The prices of domestic cotton, after the arrival of fresh crop, hit the season''s peak level of Rs 3,100 per maund during Friday trading, in the wake of rising prices in the world cotton market, senior traders here said.

Published 07 Jul, 2007 12:00am

CBoT wheat climbs three percent

Wheat futures at the Chicago Board of Trade closed sharply higher on Thursday, rallying from recent declines on bullish export news, including sales of US wheat to Iraq and Egypt, traders said. "The world consumer has absolutely no coverage, and he has al

Published 07 Jul, 2007 12:00am

Cotton price hits season's peak level

The prices of domestic cotton, after the arrival of fresh crop, hit the season's peak level of Rs 3,100 per maund during Friday trading, in the wake of rising prices in the world cotton market, senior traders here said.

Published 07 Jul, 2007 12:00am

Oil cake market rates

The July vaida was unchanged while the December vaida depreciated on the forward cottonseed oilcake market on Friday 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 variatio

Published 07 Jul, 2007 12:00am

Cotton price hits season's peak level

The prices of domestic cotton, after the arrival of fresh crop, hit the season's peak level of Rs 3,100 per maund during Friday trading, in the wake of rising prices in the world cotton market, senior traders here said.

Published 07 Jul, 2007 12:00am

Panic buying seen as spot rate rises to Rs 2675

Panic buying was seen on the cotton market on Friday as some leading mills did buying on rising apprehensions that prices may go up further as a result of pest attack on the standing cotton crop, dealers said.

Published 07 Jul, 2007 12:00am

Steel industry: fixed sales tax may be notified today

The government is likely to announce on Saturday fixed sales tax for different steel sub-sectors, as the Federal Board of Revenue has signed the SRO, sources in the industry told Business Recorder on Friday.

Published 07 Jul, 2007 12:00am

European coffee buyers seek robusta substitutes

Europe's physical coffee market featured demand this week for low quality arabica supplies as a substitute for robustas, traders said. The gap between arabica and robusta prices has narrowed significantly in recent weeks. New York arabica futures have fal

Published 07 Jul, 2007 12:00am

Steel industry: fixed sales tax may be notified today

The government is likely to announce on Saturday fixed sales tax for different steel sub-sectors, as the Federal Board of Revenue has signed the SRO, sources in the industry told Business Recorder on Friday.

Published 07 Jul, 2007 12:00am

Prices stay put on grain market

Prices maintained a firm posture on the grain market on Friday as main participants were on the sidelines in the absence of motivating factor, dealers said. They said that the some items fluctuated but closed at the overnight level in process of trading,

Published 07 Jul, 2007 12:00am

Steel industry: fixed sales tax may be notified today

The government is likely to announce on Saturday fixed sales tax for different steel sub-sectors, as the Federal Board of Revenue has signed the SRO, sources in the industry told Business Recorder on Friday.

Published 07 Jul, 2007 12:00am

Kirana items mixed on Jodia Bazaar

The trading on Kirana items showed mixed trend on Jodia Bazaar here on Friday. The following variations were noted.

Published 07 Jul, 2007 12:00am

Foreign consultants: opinion divided over tax structure

Ministry of Law and Justice and Federal Board of Revenue opinions are divided over the assessment of income tax on the remuneration paid to the foreign consultants hired by the Law Division. Sources told Business Recorder on Friday that foreign con

Published 07 Jul, 2007 12:00am

MGE spring wheat makes gains

Spring wheat futures on the Minneapolis Grain Exchange closed higher on Thursday, trailing strong export-driven advances in the Chicago and Kansas City wheat markets, traders said. Minneapolis September spring wheat settled up 12-3/4 cents at $6.15 per bu

Published 07 Jul, 2007 12:00am

Foreign consultants: opinion divided over tax structure

Ministry of Law and Justice and Federal Board of Revenue opinions are divided over the assessment of income tax on the remuneration paid to the foreign consultants hired by the Law Division. Sources told Business Recorder on Friday that foreign con

Published 07 Jul, 2007 12:00am

New York coffee futures lower

US arabica coffee closed down on Thursday but up from a fresh seven-week low pressured by local and speculative selling that triggered light fund sell-stops, traders said. "The market technically doesn't look good. Almost every week, we make a new low. Th

Published 07 Jul, 2007 12:00am

Foreign consultants: opinion divided over tax structure

Ministry of Law and Justice and Federal Board of Revenue opinions are divided over the assessment of income tax on the remuneration paid to the foreign consultants hired by the Law Division. Sources told Business Recorder on Friday that foreign con

Published 07 Jul, 2007 12:00am

Cocoa hits near 4-1/2-year high

US outcry cocoa futures surged to close at a near 4-1/2-year high in a sustained rally on Thursday, on follow-through support from London's strength on Wednesday and technical dealings that triggered buy-stops, traders said. The market was shut on Wednesd

Published 07 Jul, 2007 12:00am

Flood-hit areas to be rebuilt: President

President General Pervez Musharraf on Friday vowed to rebuild the flood and cyclone-affected areas of Balochistan and Sindh, saying the reconstruction would be ensured better than before by utilising all government resources.

Published 07 Jul, 2007 12:00am

CBOT rice futures higher

The Chicago Board of Trade rough rice market closed firm on Thursday on a mild bounce from a sell-off that began last on Friday when the government estimated US rice acres bigger than analysts estimated, traders said.

Published 07 Jul, 2007 12:00am

Flood-hit areas to be rebuilt: President

President General Pervez Musharraf on Friday vowed to rebuild the flood and cyclone-affected areas of Balochistan and Sindh, saying the reconstruction would be ensured better than before by utilising all government resources.

Published 07 Jul, 2007 12:00am

US copper up

US copper futures ended at their highest levels in two months on Thursday amid concerns strike action in South America could place further strain on the market's already tight supply situation, traders and analysts said.

Published 07 Jul, 2007 12:00am

McCreevy to stamp on political interference

New European Union guidelines will be drafted to keep national market supervisors free of political interference when ruling on company mergers, the bloc's top financial regulator said on Friday.

Published 07 Jul, 2007 12:00am

US gold falls

US gold futures turned to finish lower in choppy trade on Thursday as the dollar climbed against the euro and as investors worried about further interest-rate hikes by central banks in Europe. Most-active gold for August delivery on the Comex division of

Published 07 Jul, 2007 12:00am

Ijaz Qureshi new Sindh chief secretary

Sindh Chief Secretary Shakeel Durrani has been transferred and posted as Secretary Railways here on Friday vice Ijaz Qureshi, who is appointed as new Sindh Chief Secretary.

Published 07 Jul, 2007 12:00am

Gold moves both ways in Asian markets

Gold held steady on Friday but was within sight of a 1-week low, while Tokyo futures shed the previous day's gains to track losses in New York. Spot gold was at $649.80/650.60 an ounce, steady from $649.30/650.10 late in New York on Thursday, when it hit

Published 07 Jul, 2007 12:00am

Ijaz Qureshi new Sindh chief secretary

Sindh Chief Secretary Shakeel Durrani has been transferred and posted as Secretary Railways here on Friday vice Ijaz Qureshi, who is appointed as new Sindh Chief Secretary.

Published 07 Jul, 2007 12:00am

Indonesian palm oil prices edge up

Indonesian palm oil prices edged higher on Friday, supported by demand from local refiners and gains by Malaysian futures. At the state marketing centre in Jakarta, which sells palm oil from state plantations, crude palm oil traded at 6,819 rupiah ($0.757

Published 07 Jul, 2007 12:00am

President's plane fired on?

Some unidentified gunmen in Asghar Mall area here on Friday unsuccessfully attempted to hit an aircraft. The incident happened several minutes after President Musharraf's plane had passed the house after taking off from Chaklala.

Published 07 Jul, 2007 12:00am

Oil flat near 10-month high

Oil prices held firm near the previous day's 10-month high on Friday as threats in Nigeria added to fears that strong summer demand in the world's top consumer could quickly drain rising US crude and fuel stocks. London Brent crude for August delivery sli

Published 07 Jul, 2007 12:00am

President's plane fired on?

Some unidentified gunmen in Asghar Mall area here on Friday unsuccessfully attempted to hit an aircraft. The incident happened several minutes after President Musharraf's plane had passed the house after taking off from Chaklala.

Published 07 Jul, 2007 12:00am

Currency	Rate
USD PKR Interbank Selling / Jan 14	278.92
USD PKR Interbank Buying / Jan 14	278.72
USD to Japanese Yen / Jan 14	157.97
USD to Swiss Franc / Jan 14	0.91
Pound Sterling to USD / Jan 14	1.22
Euro to USD / Jan 14	1.03

Stock	Volume
S&P 500 / Jan 14	5,842.91
India Sensex / Jan 14	76,499.63
Tokyo Nikkei / Jan 14	38,474.30
Nasdaq / Jan 14	19,044.39
Hang Seng / Jan 14	19,219.78
FTSE 100 / Jan 14	8,201.54
Dow Jones / Jan 14	42,518.28
Germany DAX 30 / Jan 14	20,271.33

Item	Value
Gold 10 Grams PKR / Jan 9	237,483
Crude Oil USD/Barrel / Jan 14	78.11
Karachi Cotton PKR/37.32 KG / Jan 14	18,785
Gold Spot USD/Ounce / Jan 14	2,691.80
Cotton US¢/pound / Jan 14	67.50
Petrol/Litre / Jan 15	252.66

Stock	Price
Quice Food / Jan 14 Quice Food Industries Limited(QUICE)	7.08 ▲ 1.00 (16.45%)
Cresent Jute / Jan 14 Crescent Jute Products Limited(CJPL)	6.15 ▲ 0.71 (13.05%)
Ittefaq Iron Ind / Jan 14 Ittefaq Iron Industries Limited(ITTEFAQ)	8.71 ▲ 1.00 (12.97%)
Parmount Sp. / Jan 14 Paramount Spinning Mills Limited(PASM)	4.50 ▲ 0.43 (10.57%)
Gulistan Sp. / Jan 14 Gulistan Spinning Mills Limited(GUSM)	10.59 ▲ 1.00 (10.43%)
Power Cem(Pref) / Jan 14 Power Cement (Pref)(POWERPS)	11.17 ▲ 1.02 (10.05%)
Hascol Petrol / Jan 14 Hascol Petroleum Limited(HASCOL)	12.52 ▲ 1.14 (10.02%)
Jah.Sidd. Co. / Jan 14 Jahangir Siddiqui & Co. Ltd.(JSCL)	19.34 ▲ 1.76 (10.01%)
Synthetic Prod / Jan 14 Synthetic Products Enterprises Limited(SPEL)	44.50 ▲ 4.05 (10.01%)

Stock	Price
First Capital Equities / Jan 14 First Capital Equities Limited(FCEL)	5.20 ▼ -0.87 (-14.33%)
Karam Ceramics / Jan 14 Karam Ceramics Limited(KCL)	53.55 ▼ -5.95 (-10.00%)
Khairpur Sug. / Jan 14 Khairpur Sugar Mills Limited(KPUS)	130.50 ▼ -14.50 (-10.00%)
Ali Asghar / Jan 14 Ali Asghar Textile Mills Limited(AATM)	53.15 ▼ -5.90 (-9.99%)
Sakrand Sugar / Jan 14 Sakrand Sugar Mills Limited(SKRS)	11.29 ▼ -1.25 (-9.97%)
Paramount Mod / Jan 14 First Paramount Modaraba(FPRM)	9.04 ▼ -1.00 (-9.96%)
AN Textile Mill / Jan 14 AN Textile Mills Limited(ANTM)	10.45 ▼ -1.15 (-9.91%)
Dadex Eternit / Jan 14 Dadex Eternit Limited(DADX)	71 ▼ -6.44 (-8.32%)
Pak Engineering / Jan 14 Pakistan Engineering Company Limited(PECO)	602.99 ▼ -53.57 (-8.16%)

Stock	Volume
WorldCall Telecom / Jan 14 Worldcall Telecom Limited(WTL)	70,133,140 ▲ 0.01
Cnergyico PK / Jan 14 Cnergyico PK Limited(CNERGY)	42,406,262 ▲ 0.32
Pak Refinery / Jan 14 Pakistan Refinery Limited(PRL)	37,993,213 ▲ 2.79
K-Electric Ltd. / Jan 14 K-Electric Limited(KEL)	32,806,496 ▲ 0.19
Sui South Gas / Jan 14 Sui Southern Gas Company Limited(SSGC)	31,998,634 ▼ -0.01
Hascol Petrol / Jan 14 Hascol Petroleum Limited(HASCOL)	26,325,809 ▲ 1.14
Fauji Foods Ltd / Jan 14 Fauji Foods Limited(FFL)	23,152,427 ▼ -0.26
Telecard Limited / Jan 14 Telecard Limited(TELE)	19,407,554 ▲ 0.38
Pak Stock Exchange / Jan 14 Pakistan Stock Exchange Limited(PSX)	16,066,666 ▲ 2.02

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