News Archives for Print - 2007-07-11

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Tuesday (July 10, 2007).

Published 11 Jul, 2007 12:00am

The Pakistan Cotton Ginners' Association (PCGA) has confirmed that so far there is no plan for closing Sindh Circle office at Karachi. A press release from PCGA on Tuesday said hat firstly the news in Business Recorder, published on July10, 2007 wa

Published 11 Jul, 2007 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Tuesday (July 10, 2007).

Published 11 Jul, 2007 12:00am

PCGA denies report

The Pakistan Cotton Ginners' Association (PCGA) has confirmed that so far there is no plan for closing Sindh Circle office at Karachi. A press release from PCGA on Tuesday said hat firstly the news in Business Recorder, published on July10, 2007 wa

Published 11 Jul, 2007 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Tuesday (July 10, 2007).

Published 11 Jul, 2007 12:00am

TDAP likely to takeover PHDEB

Trade Development Authority of Pakistan (TDAP) is likely to takeover Pakistan Horticulture Development and Export Board (PHDEB), according to well place sources here. Several meetings have been held between the PHDEB officials with the TDAP Chairman Tariq

Published 11 Jul, 2007 12:00am

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Tuesday (July 10, 2007).

Published 11 Jul, 2007 12:00am

TDAP likely to takeover PHDEB

Trade Development Authority of Pakistan (TDAP) is likely to takeover Pakistan Horticulture Development and Export Board (PHDEB), according to well place sources here. Several meetings have been held between the PHDEB officials with the TDAP Chairman Tariq

Published 11 Jul, 2007 12:00am

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Tuesday (July 10, 2007).

Published 11 Jul, 2007 12:00am

TDAP likely to takeover PHDEB

Trade Development Authority of Pakistan (TDAP) is likely to takeover Pakistan Horticulture Development and Export Board (PHDEB), according to well place sources here. Several meetings have been held between the PHDEB officials with the TDAP Chairman Tariq

Published 11 Jul, 2007 12:00am

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Tuesday (July 10, 2007).

Published 11 Jul, 2007 12:00am

Customs duty embezzlers' gang busted

Customs Intelligence, Faisalabad, has busted a gang, which was busy in embezzling customs and other government duties, and seized 6 import containers, which were brought to Faisalabad and Lahore from Port Qasim, Karachi, without payment of customs duty am

Published 11 Jul, 2007 12:00am

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (July 10, 2007).

Published 11 Jul, 2007 12:00am

Chaman-Quetta rail track reopened

Troops of Army Engineers on Tuesday successfully reopened the Railway Track Chamman-Quetta after weary efforts of around one week. Most of the road communication has been restored in Balochistan by Frontier Works Organisation and Army Engineers, 58KM Nata

Published 11 Jul, 2007 12:00am

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (July 10, 2007).

Published 11 Jul, 2007 12:00am

Miscreants blow up power pylon

Unknown miscreants here Monday night blew up the 132 KV transmission line tower of Peshawar Electricity Supply Company (Pesco) which disrupted power supply from all the 11 KV feeders to Peshawar industrial area, Peshawar University and 132 Bar Grid Statio

Published 11 Jul, 2007 12:00am

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (July 10, 2007).

Published 11 Jul, 2007 12:00am

Miscreants blow up power pylon

Unknown miscreants here Monday night blew up the 132 KV transmission line tower of Peshawar Electricity Supply Company (Pesco) which disrupted power supply from all the 11 KV feeders to Peshawar industrial area, Peshawar University and 132 Bar Grid Statio

Published 11 Jul, 2007 12:00am

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (July 10, 2007).

Published 11 Jul, 2007 12:00am

Wheat subsidy only for vulnerable consumers: ADB

Asian Development Bank (ADB) has asked Pakistan to ensure that consumer wheat subsidy will be given only to vulnerable and poor households instead of a blanket subsidy for all wheat consumers.

Published 11 Jul, 2007 12:00am

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (July 10, 2007).

Published 11 Jul, 2007 12:00am

Orix Bank approves 200 percent Rights Issue

The Board of Orix Investment Bank in its meeting held on Tuesday approved a 200 percent Rights Issue (two shares for everyone share held) at par which will increase its paid up capital to Rs 1089 million making OIBP one of the largest capitalised investme

Published 11 Jul, 2007 12:00am

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (July 10, 2007).

Published 11 Jul, 2007 12:00am

Orix Bank approves 200 percent Rights Issue

The Board of Orix Investment Bank in its meeting held on Tuesday approved a 200 percent Rights Issue (two shares for everyone share held) at par which will increase its paid up capital to Rs 1089 million making OIBP one of the largest capitalised investme

Published 11 Jul, 2007 12:00am

KKI closing rates of currency notes

Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Tuesday (July 10, 2007).

Published 11 Jul, 2007 12:00am

Muslim Brotherhood slams Lal Masjid raid

Jordan's Muslim Brotherhood on Tuesday condemned the army's dawn raid on Lal Masjid in Islamabad, describing the assault as dangerous and unprecedented. "The movement condemns the killings and violation of the mosque's sanctity," Salem Falahat, leader of

Published 11 Jul, 2007 12:00am

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Tuesday (July 10, 2007).

Published 11 Jul, 2007 12:00am

Muslim Brotherhood slams Lal Masjid raid

Jordan's Muslim Brotherhood on Tuesday condemned the army's dawn raid on Lal Masjid in Islamabad, describing the assault as dangerous and unprecedented. "The movement condemns the killings and violation of the mosque's sanctity," Salem Falahat, leader of

Published 11 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 11 Jul, 2007 12:00am

Pakistan a sovereign country with sovereign government: US

Acknowledging Pakistan's important role in the fight against terrorism, the United States on Monday underscored that Pakistan is a sovereign country, responsible for law and order, within its borders.

Published 11 Jul, 2007 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Tuesday (July 10, 2007).

Published 11 Jul, 2007 12:00am

PIA-Hashoo group accord on ground services to passengers

Pakistan International Airlines (PIA) and Destinations of The World- Pakistan, a Hashoo Group company, have joined hands together in an alliance to facilitate PIA passengers in ground services throughout the national carrier's network of operations.

Published 11 Jul, 2007 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (July 10, 2007).

Published 11 Jul, 2007 12:00am

Bears stage comeback on ISE

Bears returned in the driving at the Islamabad Stock Exchange (ISE) where major players and short-term margin hunters remained on the sidelines amid decrease in index. ISE-10 Index was down by 17.35 points as it moved from 2,932.43 to 2,915.08 points.

Published 11 Jul, 2007 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (July 10, 2007).

Published 11 Jul, 2007 12:00am

Bears stage comeback on ISE

Bears returned in the driving at the Islamabad Stock Exchange (ISE) where major players and short-term margin hunters remained on the sidelines amid decrease in index. ISE-10 Index was down by 17.35 points as it moved from 2,932.43 to 2,915.08 points.

Published 11 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 Tuesday (July 10, 2007).

Published 11 Jul, 2007 12:00am

LSE index loses 41.29 points

Equities moved both ways on the Lahore Stock Exchange (LSE) and finally settled in negative zone amid ascending transaction volume on account of selling pressure generated following army operation at Lal Masjid.

Published 11 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 Tuesday (July 10, 2007).

Published 11 Jul, 2007 12:00am

LSE index loses 41.29 points

Equities moved both ways on the Lahore Stock Exchange (LSE) and finally settled in negative zone amid ascending transaction volume on account of selling pressure generated following army operation at Lal Masjid.

Published 11 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 Tuesday (July 10, 2007).

Published 11 Jul, 2007 12:00am

Missing Trading Fraud: FBR given ample powers to exempt any transaction

The Federal Board of Revenue (FBR) has been given ample powers, through Finance Act, 2007, to exempt any transaction from the provisions of ''Missing Trading Fraud'' under which all partners in the supply chain would be jointly liable to deposit the unpai

Published 11 Jul, 2007 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Tuesday (July 10, 2007).

Published 11 Jul, 2007 12:00am

Missing Trading Fraud: FBR given ample powers to exempt any transaction

The Federal Board of Revenue (FBR) has been given ample powers, through Finance Act, 2007, to exempt any transaction from the provisions of 'Missing Trading Fraud' under which all partners in the supply chain would be jointly liable to deposit the unpaid

Published 11 Jul, 2007 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Tuesday (July 10, 2007).

Published 11 Jul, 2007 12:00am

Missing Trading Fraud: FBR given ample powers to exempt any transaction

The Federal Board of Revenue (FBR) has been given ample powers, through Finance Act, 2007, to exempt any transaction from the provisions of 'Missing Trading Fraud' under which all partners in the supply chain would be jointly liable to deposit the unpaid

Published 11 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 Tuesday (July 10, 2007).

Published 11 Jul, 2007 12:00am

Agriculture loan disbursement exceeds target

Commercial and specialised banks have surpassed the target of credit disbursement to the agriculture sector in the 2006-07 fiscal year, as the total disbursements grew by 22.4 percent to Rs 168.3 billion against the target of Rs 160 billion.

Published 11 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 Tuesday (July 10, 2007).

Published 11 Jul, 2007 12:00am

Agriculture loan disbursement exceeds target

Commercial and specialised banks have surpassed the target of credit disbursement to the agriculture sector in the 2006-07 fiscal year, as the total disbursements grew by 22.4 percent to Rs 168.3 billion against the target of Rs 160 billion.

Published 11 Jul, 2007 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (July 10, 2007).

Published 11 Jul, 2007 12:00am

Agriculture loan disbursement exceeds target

Commercial and specialised banks have surpassed the target of credit disbursement to the agriculture sector in the 2006-07 fiscal year, as the total disbursements grew by 22.4 percent to Rs 168.3 billion against the target of Rs 160 billion.

Published 11 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 11 Jul, 2007 12:00am

S&P lowers Pakistan''s outlook

The rating agency Standard & Poor''s has lowered its outlook on Pakistan''s credit rating, citing worsening security and the risk of a budget deficit target overshoot. S&P has lowered its outlook to ''stable'', from ''positive'', and maintained the ''B+''

Published 11 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 11 Jul, 2007 12:00am

S&P lowers Pakistan's outlook

The rating agency Standard & Poor's has lowered its outlook on Pakistan's credit rating, citing worsening security and the risk of a budget deficit target overshoot. S&P has lowered its outlook to 'stable', from 'positive', and maintained the 'B+'/'B' for

Published 11 Jul, 2007 12:00am

Karachi interbank rates

Karachi interbank rates on Tuesday (July 10, 2007).

Published 11 Jul, 2007 12:00am

S&P lowers Pakistan's outlook

The rating agency Standard & Poor's has lowered its outlook on Pakistan's credit rating, citing worsening security and the risk of a budget deficit target overshoot. S&P has lowered its outlook to 'stable', from 'positive', and maintained the 'B+'/'B' for

Published 11 Jul, 2007 12:00am

Aaj TV - Wednesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 11 Jul, 2007 12:00am

Gwadar Port Authority to be brought into tax net: Cabinet approves revised bill

The Cabinet has decided to bring the recently re-constituted Gwadar Port Authority (GPA) into the tax net, official sources told Business Recorder here on Tuesday. While giving approval of the revised bill for GPA''s new corporate structure.

Published 11 Jul, 2007 12:00am

Kenyan coffee prices rise

Kenyan coffee prices rose slightly at Tuesday's auction helped by a shortage as the marketing season comes to an end, exporters said. The average price at the weekly sale rose to $96 per 50-kg bag from $90.21 at last Tuesday's auction.

Published 11 Jul, 2007 12:00am

Gwadar Port Authority to be brought into tax net: Cabinet approves revised bill

The Cabinet has decided to bring the recently re-constituted Gwadar Port Authority (GPA) into the tax net, official sources told Business Recorder here on Tuesday. While giving approval of the revised bill for GPA's new corporate structure.

Published 11 Jul, 2007 12:00am

Singapore bunker fuel prices steady

Singapore bunker prices were steady on Tuesday, keeping the market in discount for a second day and at weak levels for almost two months. Prices for the 380-centistoke (cst) were pegged at $371-373 a tonne, unchanged from the previous session, while the d

Published 11 Jul, 2007 12:00am

Gwadar Port Authority to be brought into tax net: Cabinet approves revised bill

The Cabinet has decided to bring the recently re-constituted Gwadar Port Authority (GPA) into the tax net, official sources told Business Recorder here on Tuesday. While giving approval of the revised bill for GPA's new corporate structure.

Published 11 Jul, 2007 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 73,752 tonnes cargo including 52,464 tonnes import, 21,288 tonnes export cargo and 3,132 containers (TEUs) during last 24 hours ending at 0700 hours on Tuesday.

Published 11 Jul, 2007 12:00am

Audit identifies non-compliance in five areas by taxpayers

The audit of taxpayers has identified non-compliance in five major areas by registered units/companies operating under the Universal Self-Assessment System (USAS).

Published 11 Jul, 2007 12:00am

Poor weather to cut EU oilseed crops: Oil World

Poor weather will reduce European Union oilseed crops this year, Hamburg-based analysts Oil World said. "The extent of the crop damage is still unknown, but recent detrimental weather will reduce this year's production of rapeseed, sunflowerseed and wheat

Published 11 Jul, 2007 12:00am

Audit identifies non-compliance in five areas by taxpayers

The audit of taxpayers has identified non-compliance in five major areas by registered units/companies operating under the Universal Self-Assessment System (USAS).

Published 11 Jul, 2007 12:00am

US Plains HRW wheat mostly steady

US Plains hard red winter wheat basis bids were mostly steady on Tuesday, with values underpinned by the winding down of the harvest. Traders said spot railcar wheat continued to trade in small amounts, while farmer selling stayed slow.

Published 11 Jul, 2007 12:00am

Audit identifies non-compliance in five areas by taxpayers

The audit of taxpayers has identified non-compliance in five major areas by registered units/companies operating under the Universal Self-Assessment System (USAS).

Published 11 Jul, 2007 12:00am

Bangladesh tea prices fall

The average price of Bangladesh teas fell 4.71 percent to 81.52 taka ($1.18) per kg on poor quality at the weekly auction on Tuesday, brokers said.

Published 11 Jul, 2007 12:00am

BRIndex30 sheds 105.46 points

On Tuesday, the BRIndex30 opened in the positive zone, at 15,345.92, with an upward gap of 24.52 points. It remained in the green zone for almost half of the trading time but dropped afterwards, closing at 15,215.94 with a net negative change of -105.46 p

Published 11 Jul, 2007 12:00am

US Midwest soya steady, corn flat

Spot basis bids for soyabeans were mostly steady around the US Midwest on Monday but the market had a weak tone due to some light country movement, grain dealers said. Corn bids also were mostly unchanged but a few dealers edged their bids higher to try a

Published 11 Jul, 2007 12:00am

BRIndex30 sheds 105.46 points

On Tuesday, the BRIndex30 opened in the positive zone, at 15,345.92, with an upward gap of 24.52 points. It remained in the green zone for almost half of the trading time but dropped afterwards, closing at 15,215.94 with a net negative change of -105.46 p

Published 11 Jul, 2007 12:00am

Gulf soyabean weak; corn and wheat steady

US FOB Gulf soyabean basis offers were weak on Monday due to lack of export demand and rising futures prices, traders said. Corn and wheat export premiums held steady amid strong export demand for both commodities.

Published 11 Jul, 2007 12:00am

Stock market down 146.61 points

Karachi share market, which started on a positive note and the KSE-100 index breached through 14,100 psychological level to hit 14,123.34 points intra-day high on the back of fresh buying in OGDC and PPL, but could not sustain that level due to law and or

Published 11 Jul, 2007 12:00am

CBoT wheat futures lower

Wheat futures at the Chicago Board of Trade closed lower on Monday in a light technical setback from Friday's rally amid a lack of supportive news, traders said. Kansas City Board of Trade wheat futures led the way down, weighed by hedge-related selling.

Published 11 Jul, 2007 12:00am

Stock market down 146.61 points

Karachi share market, which started on a positive note and the KSE-100 index breached through 14,100 psychological level to hit 14,123.34 points intra-day high on the back of fresh buying in OGDC and PPL, but could not sustain that level due to law and or

Published 11 Jul, 2007 12:00am

Oil cake market rates

Divergent trend was seen on the forward cottonseed oilcake market as futures remained unchanged in process of low trading, brokers said. The July vaida was unchanged at Rs 650.00 and closing was seen at the same level without any change for the day, they

Published 11 Jul, 2007 12:00am

Stock market down 146.61 points

Karachi share market, which started on a positive note and the KSE-100 index breached through 14,100 psychological level to hit 14,123.34 points intra-day high on the back of fresh buying in OGDC and PPL, but could not sustain that level due to law and or

Published 11 Jul, 2007 12:00am

KCA spot rate up by Rs 50 to Rs 2775

Firm trend was seen in the cotton market on Tuesday as the spot rate picked up Rs 50 following the mills active buying to cover their forward needs, dealers said. The Karachi Cotton Association (KCA) official spot rate was higher by Rs 50 to Rs 2775, they

Published 11 Jul, 2007 12:00am

Provisional listing of HBL approved

Karachi Stock Exchange (KSE) has approved the provisional listing and quotation of shares of Habib Bank Limited (HBL) consequent upon the approval of the offer of sale and completion of relevant requirements under the listing regulations of the exchange.

Published 11 Jul, 2007 12:00am

Tea prices mixed on Jodia Bazaar

The trading on tea moved both ways on Jodia Bazaar here on Tuesday. The following variations were observed.

Published 11 Jul, 2007 12:00am

Provisional listing of HBL approved

Karachi Stock Exchange (KSE) has approved the provisional listing and quotation of shares of Habib Bank Limited (HBL) consequent upon the approval of the offer of sale and completion of relevant requirements under the listing regulations of the exchange.

Published 11 Jul, 2007 12:00am

Oilcake, wheat prices up on grain market

Low level of activity was witnessed on the grain market on Tuesday as most of the commodity items held its overnight levels in process of trading, dealers said. On the seed side, cottonseed oilcake with bag gained Rs 10 to Rs 410-610 as supply was tight,

Published 11 Jul, 2007 12:00am

Provisional listing of HBL approved

Karachi Stock Exchange (KSE) has approved the provisional listing and quotation of shares of Habib Bank Limited (HBL) consequent upon the approval of the offer of sale and completion of relevant requirements under the listing regulations of the exchange.

Published 11 Jul, 2007 12:00am

Cocoa backs off 4-1/2-year highs

US open-outcry cocoa futures fell on Monday due to fundamental prospects, in a correction of Friday's 4-1/2 year high, traders said. "I think mainly, it was just overbought and there was no fresh news to sustain it," one trader said, pointing to strong ma

Published 11 Jul, 2007 12:00am

Provisional listing of HBL approved

Karachi Stock Exchange (KSE) has approved the provisional listing and quotation of shares of Habib Bank Limited (HBL) consequent upon the approval of the offer of sale and completion of relevant requirements under the listing regulations of the exchange.

Published 11 Jul, 2007 12:00am

New York coffee down

US arabica coffee closed down for the fifth straight session on Monday, near the day's lows amid thin trade and a general lack of participation, traders said. "It was more. local and day trading. Origin was not seen at all. I didn't see any roaster fixati

Published 11 Jul, 2007 12:00am

Supreme Court has no powers to stop Lal Masjid operation: Justice Khokhar

The Supreme Court said on Tuesday it has no powers to stop the on-going Lal Masjid - Jamia Hafsa military operation as validity of any direction issued by the federal government under Article 245 of the Constitution cannot be called in question in any cou

Published 11 Jul, 2007 12:00am

Japan seeks 100,000 tonnes wheat

Japan's Agriculture Ministry is looking to buy 100,000 tonnes of wheat from the United States, Canada and Australia at this week's regular tender, a ministry official said on Tuesday. It does not plan to buy any barley. The shipments are for loading from

Published 11 Jul, 2007 12:00am

Supreme Court has no powers to stop Lal Masjid operation: Justice Khokhar

The Supreme Court said on Tuesday it has no powers to stop the on-going Lal Masjid - Jamia Hafsa military operation as validity of any direction issued by the federal government under Article 245 of the Constitution cannot be called in question in any cou

Published 11 Jul, 2007 12:00am

Australia sugar sells well into East Asia

Australian and Thai sugar remain unchallenged in their traditional East Asia markets, despite claims by India that its big surplus might penetrate the region, the head of Australia's main raw sugar exporter told Reuters.

Published 11 Jul, 2007 12:00am

Traders flay KESC performance

The traders of cloth market here have expressed concern and annoyance over the alarming situation arising out of frequent power failures for hours.

Published 11 Jul, 2007 12:00am

MGE spring wheat easier

Spring wheat futures on the Minneapolis Grain Exchange closed lower on Monday in sympathy with technical declines in the Kansas City and Chicago wheat markets, traders said. Disappointing weekly export data added pressure.

Published 11 Jul, 2007 12:00am

US starts delivery of F-16 aircraft

The United States on Tuesday started delivery of F-16 fighter aircraft to Pakistan with two of Fighter Falcons handed over to Pakistan Airforce. An impressive handing over ceremony was held at PAF base in Sargodha, where two F-16 landed directly from the

Published 11 Jul, 2007 12:00am

India to import only half of one million tonnes wheat

India will import only about half of the 1 million tonnes of wheat it sought at a tender, a government official said on Tuesday, marking a belated start to its overseas purchases to build buffer stocks.

Published 11 Jul, 2007 12:00am

US starts delivery of F-16 aircraft

The United States on Tuesday started delivery of F-16 fighter aircraft to Pakistan with two of Fighter Falcons handed over to Pakistan Airforce. An impressive handing over ceremony was held at PAF base in Sargodha, where two F-16 landed directly from the

Published 11 Jul, 2007 12:00am

US copper up two-month peak

US copper futures closed at their highest in two months on Monday, sparked by fears a strike at one of Chile's largest copper mines would keep supply tight, analysts said. Copper for September delivery settled up 3.50 cents at $3.6295 per lb at the New Yo

Published 11 Jul, 2007 12:00am

Ghazi, eight armymen among over 60 killed in Operation Silence: Madressa-mosque complex stormed after talks fail

Lal Masjid deputy cleric Abdul Rashid Ghazi and scores of his comrades in battle were killed in a pre-dawn military offensive on the compound they were holed up since early last week. Eight soldiers have died in the fiercest gun battles with the militants

Published 11 Jul, 2007 12:00am

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Swiss Franc / Dec 20	0.89
USD to Japanese Yen / Dec 23	156.63
Pound Sterling to USD / Dec 23	1.26
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
Nasdaq / Dec 20	19,572.60
Dow Jones / Dec 20	42,840.26
India Sensex / Dec 23	78,595.51
Tokyo Nikkei / Dec 23	39,161.34
Hang Seng / Dec 23	19,857.04
FTSE 100 / Dec 23	8,068.16
Germany DAX 30 / Dec 23	19,830.32

Item	Value
Gold 10 Grams PKR / Dec 20	234,311
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10
Crude Oil USD/Barrel / Dec 23	69.79
Gold Spot USD/Ounce / Dec 23	2,632.38
Diesel/Litre / Dec 23	255.38

Stock	Price
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.73 ▲ 0.46 (10.77%)
Trust Sec.& Brok. / Dec 23 Trust Securities & Brokerage Limited(TSBL)	10.55 ▲ 1.00 (10.47%)
Dawood Equities / Dec 23 Dawood Equities Limited(DEL)	10.63 ▲ 1.00 (10.38%)
Pak. P.V.C. / Dec 23 Pakistan PVC Limited(PPVC)	10.70 ▲ 1.00 (10.31%)
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	14.49 ▲ 1.32 (10.02%)
Treet Corp / Dec 23 Treet Corporation Limited(TREET)	24.38 ▲ 2.22 (10.02%)
Calcorp Ltd / Dec 23 Calcorp Limited(CASH)	27.48 ▲ 2.50 (10.01%)

Stock	Price
Faran Sugar (R) / Dec 23 Faran Sugar Mills Limited (R)(FRSMR)	9 ▼ -1.00 (-10.00%)
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	40.87 ▼ -4.54 (-10.00%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	37.72 ▼ -4.19 (-10.00%)
Olympia Mills / Dec 23 Olympia Mills Limited(OML)	34.60 ▼ -3.82 (-9.94%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
First Tri-Star Mod. / Dec 23 First Tri-Star Modaraba(FTSM)	13.87 ▼ -1.47 (-9.58%)
National Silk / Dec 23 The National Silk & Rayon Mills Limited(NSRM)	50.51 ▼ -4.93 (-8.89%)
Supernet Ltd. / Dec 23 Supernet Limited (GEM)(GEMSPNL)	15.55 ▼ -1.37 (-8.10%)
Burj Clean Energy Modaraba / Dec 23 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.45 ▼ -0.65 (-7.14%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.08
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.08
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.26
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 0.49
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	34,149,414 ▲ 1.32
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	33,997,459 ▲ 0.46
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	31,086,513 ▲ 2.51
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.36
P.T.C.L. / Dec 23 Pakistan Telecommunication Company Ltd(PTC)	22,085,812 ▲ 1.85

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