News Archives for Print - 2007-07-14

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (July 13, 2007).

Published 14 Jul, 2007 12:00am

Textile sector lacks culture of investment in HRD

Pakistan has made least investment in human resource development hitting its exports particularly garments export, which is lower than that of other developing countries of the region despite its great potential. These views were expressed by some experts

Published 14 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 13, 2007).

Published 14 Jul, 2007 12:00am

Militants parade 'drug traders'

Tribal militants in a show of force on Friday paraded men they accused of selling illegal drugs through a bazaar in border area with Afghanistan, officials said. The group of 50 hooded and armed vigilantes, who call themselves mujahedeen also smashed vide

Published 14 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 13, 2007).

Published 14 Jul, 2007 12:00am

Three tribal elders shot dead

Some unknown armed men shot dead three pro-government tribal elders in bazaar here on Friday, according to a private TV channel. The assailants opened fire at the three tribal elders in the bazaar, killing them instantly, and fled.

Published 14 Jul, 2007 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Friday (July 13, 2007).

Published 14 Jul, 2007 12:00am

Three tribal elders shot dead

Some unknown armed men shot dead three pro-government tribal elders in bazaar here on Friday, according to a private TV channel. The assailants opened fire at the three tribal elders in the bazaar, killing them instantly, and fled.

Published 14 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 13, 2007).

Published 14 Jul, 2007 12:00am

225 megawatts power generation: Saif Power and PPIB sign agreement

The implementation agreement for generating 225 MW was signed between Saif Power Ltd and the Private Power and Infrastructure Board (PPIB) on Friday.

Published 14 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 13, 2007).

Published 14 Jul, 2007 12:00am

225 megawatts power generation: Saif Power and PPIB sign agreement

The implementation agreement for generating 225 MW was signed between Saif Power Ltd and the Private Power and Infrastructure Board (PPIB) on Friday.

Published 14 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 13, 2007).

Published 14 Jul, 2007 12:00am

225 megawatts power generation: Saif Power and PPIB sign agreement

The implementation agreement for generating 225 MW was signed between Saif Power Ltd and the Private Power and Infrastructure Board (PPIB) on Friday.

Published 14 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 13, 2007).

Published 14 Jul, 2007 12:00am

Bush grilled over backing Musharraf

US President George W. Bush's administration came under intense grilling in Congress on Thursday over its unconditional support for Pakistan leader Pervez Musharraf. Just days after the military strongman ordered troops into an Islamabad mosque to flush o

Published 14 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 14 Jul, 2007 12:00am

Bush grilled over backing Musharraf

US President George W. Bush's administration came under intense grilling in Congress on Thursday over its unconditional support for Pakistan leader Pervez Musharraf. Just days after the military strongman ordered troops into an Islamabad mosque to flush o

Published 14 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 14 Jul, 2007 12:00am

US Senate doubles Osama bounty to $50 million

The US Senate on Friday doubled the bounty on the head of al Qaeda mastermind Osama bin Laden, offering 50 million dollars for his capture or death. The vote followed a flurry of reports that the group behind the September 11 attacks in 2001 had rebuilt m

Published 14 Jul, 2007 12:00am

Karachi interbank rates

Karachi interbank rates on Friday (July 13, 2007).

Published 14 Jul, 2007 12:00am

US Senate doubles Osama bounty to $50 million

The US Senate on Friday doubled the bounty on the head of al Qaeda mastermind Osama bin Laden, offering 50 million dollars for his capture or death. The vote followed a flurry of reports that the group behind the September 11 attacks in 2001 had rebuilt m

Published 14 Jul, 2007 12:00am

Aaj TV - Saturday's schedule

All timings are in PST (Pakistan Standard Time).

Published 14 Jul, 2007 12:00am

FBR clears 95 percent litigation cases relating to sales tax

Federal Board of Revenue (FBR) has managed to clear 95 percent litigation cases related to sales tax and no previous case was pending with the board at present.

Published 14 Jul, 2007 12:00am

TV THOUGHTS: Lal Masjid over and its long term implications unfold? TV channels seek to give inner meaning to news

Let's begin this time with the promo that Aaj TV has for the Live with Talat programme. It reflects the times that we are in and the challenge that all channels face. To give meaning to news - to give to bewildered viewers a sense of direction.

Published 14 Jul, 2007 12:00am

Bangladesh women entrepreneurs for joint ventures

Bangladesh Women Entrepreneur Association (WEA) President Sabrina Islam has said that the purpose of the visit is to explore market for Bangladeshi products Leader of women entrepreneurs trade delegation of Bangladesh and to see which items can be importe

Published 14 Jul, 2007 12:00am

LAHORE CULTURAL DIARY: A week full of activities

Three exhibitions, a book launch, a radio media workshop, the release of the first joint Indo-Pakistan film were the major highlights of the week that ended on July 8.

Published 14 Jul, 2007 12:00am

Bangladesh women entrepreneurs for joint ventures

Bangladesh Women Entrepreneur Association (WEA) President Sabrina Islam has said that the purpose of the visit is to explore market for Bangladeshi products Leader of women entrepreneurs trade delegation of Bangladesh and to see which items can be importe

Published 14 Jul, 2007 12:00am

Kuch Suratger Afsanon Kay

Rauf Niazi - short story writer of yester -years - now literary critic has come out with his second book "Kuchh Suratger Afsanoo Kay." The first one was "Maba'ad Jadeediat" which was published in 2003. The book under review is divided into four sections.

Published 14 Jul, 2007 12:00am

Bangladesh women entrepreneurs for joint ventures

Bangladesh Women Entrepreneur Association (WEA) President Sabrina Islam has said that the purpose of the visit is to explore market for Bangladeshi products Leader of women entrepreneurs trade delegation of Bangladesh and to see which items can be importe

Published 14 Jul, 2007 12:00am

Khurshid Bano: Her songs have retained their charm

April 19th, 2007 marked the sixth death anniversary of Khurshid Bano, (born with the name of Irshad Begum) the singing actress and nightingale of the sub-continental cinema of yesteryears.

Published 14 Jul, 2007 12:00am

Korean team arriving to recruit workers

A delegation of Korean industrialists is expected to visit Karachi by the end of the current month to recruit skilled and unskilled workers, said an official of the Overseas Employment Corporation (OEC) on Friday.

Published 14 Jul, 2007 12:00am

Vague and almost obsolete terms - civic sense and knowledge

Rafiq, our assistant at work is appearing for his paper tomorrow on civic sense. Since it was a pertinent topic, one that had often come up this past year, thanks to its glaring scarcity in our city, evident from the uncouth behaviour on the roads of moto

Published 14 Jul, 2007 12:00am

Korean team arriving to recruit workers

A delegation of Korean industrialists is expected to visit Karachi by the end of the current month to recruit skilled and unskilled workers, said an official of the Overseas Employment Corporation (OEC) on Friday.

Published 14 Jul, 2007 12:00am

CAPITAL CULTURAL SCENE: The children's library freed

At last, the one and the only children library in the capital city is freed, after six long months, from the possession of militants, as the result of the much awaited Lal Masjid and Jamea Hafsa operation, accomplished on July 10. The eight-day showdown b

Published 14 Jul, 2007 12:00am

Korean team arriving to recruit workers

A delegation of Korean industrialists is expected to visit Karachi by the end of the current month to recruit skilled and unskilled workers, said an official of the Overseas Employment Corporation (OEC) on Friday.

Published 14 Jul, 2007 12:00am

Islamic Banking: Share only 3pc of total Banking Deposits

Share of Islamic banking is still hovering around 3% of the total banking sector of the country which showed the Islamic banking has little chance to emerge as the parallel banking system in the country.

Published 14 Jul, 2007 12:00am

India hikes duty drawback rates to boost exports

Indian Minister of Commerce and Industry, Kamal Nath, on Thursday announced an export package comprising enhanced Duty Entitlement Pass Book (DEPB) rates to help Indian exporters who had recently suffered due to a rising rupee.

Published 14 Jul, 2007 12:00am

Blasphemy: Satanic design beyond doubt

Of Course, it was not inappropriate to lodge a diplomatic protest against the British decision to confer knighthood on an apostate, who committed blasphemy against Islam and the Holy Prophet (PBUH) with impunity two decades ago. Obviously, the protest was

Published 14 Jul, 2007 12:00am

India hikes duty drawback rates to boost exports

Indian Minister of Commerce and Industry, Kamal Nath, on Thursday announced an export package comprising enhanced Duty Entitlement Pass Book (DEPB) rates to help Indian exporters who had recently suffered due to a rising rupee.

Published 14 Jul, 2007 12:00am

KARACHI CHRONICLE: Exploiting sanctity

The sister of the Lal Masjid clerics has protested that the title "maulana" has been dropped from the names of Abdul Aziz and Abdur Rashid Ghazi by the press, media and government spokespersons. Her protest has generated a lot of lively debate among armch

Published 14 Jul, 2007 12:00am

India hikes duty drawback rates to boost exports

Indian Minister of Commerce and Industry, Kamal Nath, on Thursday announced an export package comprising enhanced Duty Entitlement Pass Book (DEPB) rates to help Indian exporters who had recently suffered due to a rising rupee.

Published 14 Jul, 2007 12:00am

Senior Citizens: A case study of Pakistan

Aging is a natural phenomenon. The impact of socio-economic pressures has constrained people to change their life styles. Pakistan is no exception. More and more people, demanding independent family unit, have been forced to rearrange family structures, t

Published 14 Jul, 2007 12:00am

India's inflation rises

Rising food and manufactured product prices pushed India's annual wholesale inflation up more than expected in late June, but analysts still expect the central bank to keep interest rates steady at a July 31 policy review. The widely tracked wholesale pri

Published 14 Jul, 2007 12:00am

Pakistan-France trade relations

The economy of Pakistan has grown at an average rate of almost 7.0 percent per annum during the last four years (2002/2003-2005/2006) and over 7.5 percent in the last three years (2003/2004-2005-2006) thus positioning itself as one of the fastest growing

Published 14 Jul, 2007 12:00am

Philippines' remittance growth slows

Official annual remittances from Filipinos working overseas rose 8.4 percent to $1.2 billion in May, the first time growth slowed to a single-digit level since September 2006, the central bank said on Friday. Despite the slowdown, remittance levels remain

Published 14 Jul, 2007 12:00am

France: key economic indicators

France and Britain vie for the 4th rank in world's largest economy category. However, Gross National income of France Economy was $1523025 (2003) fell short of UK'S income and hence was placed at 5th position in 2003.

Published 14 Jul, 2007 12:00am

ISE index up 96.19 points

Fresh buying spree in trend-setters moved the entire ready-board in upward direction at the Islamabad Stock Exchange (ISE) where bulls remained in the front seat amid increase in index. ISE 10 index showed an improvement of 96.19 points as the index moved

Published 14 Jul, 2007 12:00am

PFBA aims to promote business relations between Pakistan and France

The Pakistan France Business Alliance (PFBA) was formed in 1991, with His Excellency Mr Jean Pierre Masset, the then Ambassador of France in Pakistan, as Chief Patron. His Excellency, Mr Regis De Belenet present Ambassador of France in Pakistan, is the Pa

Published 14 Jul, 2007 12:00am

ISE index up 96.19 points

Fresh buying spree in trend-setters moved the entire ready-board in upward direction at the Islamabad Stock Exchange (ISE) where bulls remained in the front seat amid increase in index. ISE 10 index showed an improvement of 96.19 points as the index moved

Published 14 Jul, 2007 12:00am

Message from vice president, (NC) Pakistan France Business Alliance

I would like to congratulate France and all our French friends, residing in Pakistan, on behalf of Pakistan France Business Alliance's Northern Chapter, on their National Day. France is the cradle of democracy and human rights in the world. The fall of Ba

Published 14 Jul, 2007 12:00am

Upsurge maintained on LSE

Share prices maintained rising tempo on Lahore Stock Exchange (LSE) on Friday, the last trading day of the week, following buying in fertilisers and oil and gas sector, which helped the index gain further strength.

Published 14 Jul, 2007 12:00am

Message from General Manager & Managing Director, sanofi-aventis Pakistan limited

Bastille Day, celebrated on July 14 is the French symbol of the end of the Monarchy and the beginning of the First Republic. We, at sanofi-aventis Pakistan, are proud of our French heritage and join the people of France in commemorating this occasion.

Published 14 Jul, 2007 12:00am

Upsurge maintained on LSE

Share prices maintained rising tempo on Lahore Stock Exchange (LSE) on Friday, the last trading day of the week, following buying in fertilisers and oil and gas sector, which helped the index gain further strength.

Published 14 Jul, 2007 12:00am

Message from President Pakistan France Business Alliance

The French National Day which commemorates the storming of Bastille Prison by the inhabitants of Paris has a special significance not only for France but for the entire world. This day symbolises the victory of liberty and democracy over despotism for all

Published 14 Jul, 2007 12:00am

SITUATIONER: Musharraf looked sombre, weary

'A forlorn hope' or a faint remaining hope or chance; a desperate attempt. This expression, according to Oxford Dictionary of Idioms, developed in mid 16th century from the Dutch expression verloren hoop (lost troop). The phrase originally denoted a band

Published 14 Jul, 2007 12:00am

Suez Canal revenues up

Egypt's revenues from the Suez Canal climbed to $358.8 million in June 2007 from $318.1 million in the same month a year earlier, the Suez Canal Authority said on Friday. The number of vessels passing through the waterway fell to 1,657 in June from 1,679

Published 14 Jul, 2007 12:00am

SITUATIONER: Musharraf looked sombre, weary

'A forlorn hope' or a faint remaining hope or chance; a desperate attempt. This expression, according to Oxford Dictionary of Idioms, developed in mid 16th century from the Dutch expression verloren hoop (lost troop). The phrase originally denoted a band

Published 14 Jul, 2007 12:00am

Indonesian coffee sellers offering higher discounts

Indonesian exporters are offering higher discounts for robusta coffee beans to lure buyers amid increasing supplies in the main harvest season and sagging demand from local roasters. Local exporters offered Indonesian robusta grade 4, maximum 80 defects a

Published 14 Jul, 2007 12:00am

Fears grip Swat

Intense fear grips Swat as prospect of a bloody showdown looms after hundreds of thousands of ethnic Pukhtoons, led by a hard-line militant commander, flex muscles to take on security forces moving into the valley.

Published 14 Jul, 2007 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 62,820 tonnes cargo including 38,939 tonnes import, 23,881 tonnes export cargo and 2,345 containers (TEUs) during last 24 hours ending at 0700 hours on Friday.

Published 14 Jul, 2007 12:00am

Fears grip Swat

Intense fear grips Swat as prospect of a bloody showdown looms after hundreds of thousands of ethnic Pukhtoons, led by a hard-line militant commander, flex muscles to take on security forces moving into the valley.

Published 14 Jul, 2007 12:00am

European coffee trade seeks Brazil alternatives

Continuing high differentials for Brazilian coffee meant buyers were searching for alternatives to Brazil in Europe's physical coffee market this week, traders said on Friday.

Published 14 Jul, 2007 12:00am

Trade policy envisages 12 percent growth in exports: announcement on July 17

Prime Minister Shaukat Aziz has approved trade policy for 2007-08, which envisages 10-12 percent growth in exports, official sources told Business Recorder. The trade policy will be announced on July 17, after formal approval by the Cabinet.

Published 14 Jul, 2007 12:00am

HRW wheat bids fall

US Plains hard red winter wheat basis bids were mostly steady on Friday, but values at the Kansas City market slumped amid increased supplies. "They are just following the others," a trader said, referring to declines in basis values in other Kansas marke

Published 14 Jul, 2007 12:00am

Trade policy envisages 12 percent growth in exports: announcement on July 17

Prime Minister Shaukat Aziz has approved trade policy for 2007-08, which envisages 10-12 percent growth in exports, official sources told Business Recorder. The trade policy will be announced on July 17, after formal approval by the Cabinet.

Published 14 Jul, 2007 12:00am

US Midwest soyabean fall, corn steady

Spot basis bids for soyabeans dropped at processors and elevators around the US Midwest on Thursday as dealers did not want to raise the cash prices they were offering farmers following a futures market rally. Corn bids held steady around the interior, bu

Published 14 Jul, 2007 12:00am

Trade policy envisages 12 percent growth in exports: announcement on July 17

Prime Minister Shaukat Aziz has approved trade policy for 2007-08, which envisages 10-12 percent growth in exports, official sources told Business Recorder. The trade policy will be announced on July 17, after formal approval by the Cabinet.

Published 14 Jul, 2007 12:00am

KCBT wheat futures higher

Hard red winter wheat futures on the Kansas City Board of Trade closed higher on Thursday, gaining against the Chicago wheat market on inter-market spreads, traders said.

Published 14 Jul, 2007 12:00am

Five percent duty on bitumen being sought

The Ministry of Communication is understood to propose to the Economic Coordination Committee (ECC) of the Cabinet for reduction in customs duty on import of petroleum bitumen from 15 percent to 5 percent.

Published 14 Jul, 2007 12:00am

CBoT corn futures up

Corn futures at the Chicago Board of Trade rallied more than 2 percent on Thursday, with investors favouring bullish implications from outlooks for hot weather in the US Midwest crop region instead of bearish input from updated corn stocks data, traders s

Published 14 Jul, 2007 12:00am

33.41 points gain in BRIndex30

On Friday, the BRIndex30 opened in the negative zone, at 15,303.84, with a downward gap of 67.54 points, but closed at 15,404.79 with a net positive change of 33.41 points and percentage change of 0.22. It saw intra-day high of 15,507.08 and low of 15,273

Published 14 Jul, 2007 12:00am

CBoT wheat futures higher on exports

Soft red winter wheat futures at the Chicago Board of Trade closed mostly higher on Thursday on supportive export data, but lost ground to Kansas City wheat on inter-market spreads, traders said.

Published 14 Jul, 2007 12:00am

33.41 points gain in BRIndex30

On Friday, the BRIndex30 opened in the negative zone, at 15,303.84, with a downward gap of 67.54 points, but closed at 15,404.79 with a net positive change of 33.41 points and percentage change of 0.22. It saw intra-day high of 15,507.08 and low of 15,273

Published 14 Jul, 2007 12:00am

Oil cake market rates

No significant change was seen in the forward cottonseed oilcake market on Friday though supply position was not satisfactory, 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, t

Published 14 Jul, 2007 12:00am

KSE-100 index reaches new highs

The local share market continued its upward journey with making new records, as the KSE-100 index reached its new highs to close at its highest ever level of 14,202.23 points with net gain of 70.95 points on Friday on the back of strong fundamentals, easi

Published 14 Jul, 2007 12:00am

Active mills' buying seen on cotton market

Active mills' buying persisted on the cotton market on Friday following the continued rise in the prices, brokers said. The Karachi Cotton Association (KCA) official spot rate remained at Rs 2850, they added. In ready business, deals finalised between Rs

Published 14 Jul, 2007 12:00am

KSE-100 index reaches new highs

The local share market continued its upward journey with making new records, as the KSE-100 index reached its new highs to close at its highest ever level of 14,202.23 points with net gain of 70.95 points on Friday on the back of strong fundamentals, easi

Published 14 Jul, 2007 12:00am

WCE canola rises on soya futures rally

Winnipeg Commodity Exchange canola futures settled higher on Wednesday, pulled by a rally in US soya futures that prompted commission house and speculative buying, traders said. Canola ended $1.10 to $3.10 per tonne higher, with November up $2.80 at $412.

Published 14 Jul, 2007 12:00am

KSE-100 index reaches new highs

The local share market continued its upward journey with making new records, as the KSE-100 index reached its new highs to close at its highest ever level of 14,202.23 points with net gain of 70.95 points on Friday on the back of strong fundamentals, easi

Published 14 Jul, 2007 12:00am

Firm trend seen on grain market

Firm trend was seen on the grain market on Friday as most of the commodities maintained the overnight levels in process of trading, dealers said.

Published 14 Jul, 2007 12:00am

Provision in Finance Act: importers may not get written replies

Withdrawing a major facilitative provision of the Customs Act, 1969, the importers would be unable to obtain written reply from customs department for not accepting the ''declared value'' of imported consignments for valuation purposes during 2007-08.

Published 14 Jul, 2007 12:00am

Milk powder prices up on Jodia Bazaar

The trading on milk powder closed up on Jodia Bazaar here on Friday. The following changes were noted.

Published 14 Jul, 2007 12:00am

Provision in Finance Act: importers may not get written replies

Withdrawing a major facilitative provision of the Customs Act, 1969, the importers would be unable to obtain written reply from customs department for not accepting the 'declared value' of imported consignments for valuation purposes during 2007-08.

Published 14 Jul, 2007 12:00am

New York coffee mostly lower

US open-outcry arabica coffee settled mostly lower on Thursday in a session marked by speculative selling and two-sided local dealings after hitting a two-week high, traders said. "(We) couldn't really hold those gains so we saw some profit-taking and new

Published 14 Jul, 2007 12:00am

Provision in Finance Act: importers may not get written replies

Withdrawing a major facilitative provision of the Customs Act, 1969, the importers would be unable to obtain written reply from customs department for not accepting the 'declared value' of imported consignments for valuation purposes during 2007-08.

Published 14 Jul, 2007 12:00am

New York cocoa closes firm

US open-outcry cocoa futures closed firm on Thursday, continuing to recover from steep losses in the week and on mild support from concern about the upcoming main crop, traders said. "You got a little bit of spec buying, trade buying on the bottom," one t

Published 14 Jul, 2007 12:00am

Power companies autonomy: World Bank not satisfied with progress

The World Bank (WB) is still not satisfied with the progress made so far in power sector reforms initiated a few years back for full corporate autonomy and accountability of Wapda''s successor companies, official sources told Business Recorder here

Published 14 Jul, 2007 12:00am

MGE spring wheat higher

Spring wheat futures on the Minneapolis Grain Exchange closed higher on Thursday on bullish export news and slipover strength from the Kansas City wheat market, traders said. The market got an early lift after the US Department of Agriculture reported exp

Published 14 Jul, 2007 12:00am

Power companies autonomy: World Bank not satisfied with progress

The World Bank (WB) is still not satisfied with the progress made so far in power sector reforms initiated a few years back for full corporate autonomy and accountability of Wapda's successor companies, official sources told Business Recorder here

Published 14 Jul, 2007 12:00am

Indonesian palm oil up

Indonesian palm oil prices rose nearly 2 percent on Friday, tracking gains in the neighbouring Malaysian market, although trading was limited ahead of the weekend. Crude palm oil for July shipment in the export market was offered at $780 a tonne frees on

Published 14 Jul, 2007 12:00am

Power companies autonomy: World Bank not satisfied with progress

The World Bank (WB) is still not satisfied with the progress made so far in power sector reforms initiated a few years back for full corporate autonomy and accountability of Wapda's successor companies, official sources told Business Recorder here

Published 14 Jul, 2007 12:00am

US copper ends lower

US copper futures dipped more than 1 percent on Thursday in mostly technical business after prices failed to breach key chart points reached in the day, traders and analysts said.

Published 14 Jul, 2007 12:00am

Rajab moon may be sighted on July 15

The new moon may be sighted tomorrow (Sunday). Therefore, Rajab One, 1428 AH may fall on Monday. According to astronomical parameters, there is a chance of sighting the Rajab moon tomorrow. The moon will cross the conjunction line today (Saturday), at 170

Published 14 Jul, 2007 12:00am

Gold near five-week high

Spot gold hovered near its highest in five weeks on Friday, while Tokyo futures rose as the weakness in the dollar and healthy technical trends induced fresh fund inflows. Tokyo Commodity Exchange platinum futures hit another record high on a labour dispu

Published 14 Jul, 2007 12:00am

Rajab moon may be sighted on July 15

The new moon may be sighted tomorrow (Sunday). Therefore, Rajab One, 1428 AH may fall on Monday. According to astronomical parameters, there is a chance of sighting the Rajab moon tomorrow. The moon will cross the conjunction line today (Saturday), at 170

Published 14 Jul, 2007 12:00am

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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