News Archives for Print - 2007-07-22

Print - 2007-07-22

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Saturday (July 21, 2007).

Published 22 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 Saturday (July 21, 2007).

Published 22 Jul, 2007 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Saturday (July 21, 2007).

Published 22 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 22 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 22 Jul, 2007 12:00am

Karachi interbank rates

Karachi interbank rates on Saturday (July 21, 2007).

Published 22 Jul, 2007 12:00am

Aaj TV - Sunday's schedule

All timings are in PST (Pakistan Standard Time).

Published 22 Jul, 2007 12:00am

US Midwest corn and soya unchanged

Spot basis bids for corn and soyabeans were mostly unchanged around the US Midwest on Friday amid light country movement, grain dealers said. Most farmers were unwilling to book sales of either corn or soyabeans at prices well below their target levels.

Published 22 Jul, 2007 12:00am

Oil cake market rates

Firm trend was witnessed on the forward cottonseed oilcake market on Saturday as prices did not fluctuate, brokers said. The July vaida was unchanged at Rs 650.00 and closing was seen at the same level, they said.

Published 22 Jul, 2007 12:00am

Consumers resume buying on cotton market

Prices showed upward trend on the cotton market on Saturday as the spinners increased buying to meet their requirements, brokers said. The Karachi Cotton Association (KCA) official spot rate was unchanged at Rs 2900, they added.

Published 22 Jul, 2007 12:00am

Sugar and gur prices fall on grain market

Sugar prices slid on the grain market on Saturday as supply position improved, dealers said. Sugar prices dropped by Rs 20 to Rs 2680-2780, dealers said. Gur better type lost Rs 200 to Rs 3100, while the low type did not move any side at Rs 2000, they sai

Published 22 Jul, 2007 12:00am

Kirana items mixed on Jodia Bazaar

The trading on Kirana items closed mixed on Jodia Bazaar on Saturday.

Published 22 Jul, 2007 12:00am

Gulf corn and soya steady

US FOB Gulf corn and soyabean basis offers held mostly steady on Friday and have moved in a narrow range this week, traders said. Hard and soft red winter wheat basis offers were firm amid the strong export demand US wheat has seen in years.

Published 22 Jul, 2007 12:00am

Ivorian cocoa arrivals down

Cocoa arrivals at Ivory Coast's port of San Pedro reached 461,593 tonnes by July 15, 2007, according to data from the Coffee and Cocoa Bourse (BCC) obtained by Reuters on Friday. That compared with 520,569 tonnes delivered to the port during the same peri

Published 22 Jul, 2007 12:00am

Asian dry freight rates off record highs

Dry freight rates for major Asian routes eased from last week's record highs but remained supported by strong tonnage demand and tight availability. Easing port congestion's in Australia could, however, weigh on rates.

Published 22 Jul, 2007 12:00am

CBoT wheat down after corn and soya decline

Soft red winter wheat futures on the Chicago Board of Trade ended lower on Friday on a setback from the rally at mid-week and on spillover pressure from a slide in corn and soyabeans, traders said. CBoT wheat closed 1-3/4 to 7 cents per bushel lower, with

Published 22 Jul, 2007 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 107,931 tonnes cargo including 77,491 tonnes import, 30,440 tonnes export cargo and 2,224 containers (TEUs) during last 24 hours ending at 0700 hours on Saturday.

Published 22 Jul, 2007 12:00am

US copper futures hit 11-week high

The price of copper rose to an 11-week high above $3.72 a lb in New York futures trade on Friday, with robust growth statistics from China, the world's leading consumer of the red metal, fuelling the momentum buying, analysts said.

Published 22 Jul, 2007 12:00am

Indian sugar futures drop

Indian sugar futures fell on Friday afternoon as traders squared off their positions on the last day of the July contract. At 1:40 pm (0810 GMT), the benchmark August contract on the National Commodity and Derivatives Exchange was down 0.15 percent at 1,3

Published 22 Jul, 2007 12:00am

Indian soyaoil futures rise

Indian soyoil futures rose on Friday, led by gains in Malysian palm oil futures and overnight increases in soyoil futures on the Chicago Board of Trade, analysts said. The August contract on the National Commodity and Derivatives Exchange had risen 0.19 p

Published 22 Jul, 2007 12:00am

Cut in duty on corn imports

Indonesia is considering scrapping a 5 percent duty on corn imports to ensure supplies for domestic animal feed industry, an agricultural official said on Friday.

Published 22 Jul, 2007 12:00am

Indonesian palm oil sluggish

Indonesian palm oil market saw little action on Friday, dampenedian market and a strengthening rupiah currency. There was no auction at the state marketing centre in Jakarta.

Published 22 Jul, 2007 12:00am

New York cocoa eases and coffee inches up

New York coffee futures edged up at the open-outcry start on short covering while cocoa eased in thin trade on Friday after an industry report showed that US cocoa grindings fell about 9 percent, dealers said.

Published 22 Jul, 2007 12:00am

Shanghai copper up

Shanghai copper jumped almost 3 percent on Friday, buoyed by speculative buying on growing physical demand in the domestic Chinese market and strong economic growth data announced the previous day. On the Shanghai Futures Exchange, the most active Septemb

Published 22 Jul, 2007 12:00am

CBoT rice closes firm

Chicago Board of Trade rough rice futures ended firm on Friday, recovering from a weak open amid light volume, traders said. September closed 3 cents higher at $10.44 per hundredweight. New-crop November ended 4 cents firmer at $10.78.

Published 22 Jul, 2007 12:00am

Soyabeans lower on wetter forecast

Chicago Board of Trade soyabean futures closed lower on Friday after a firm start as updated Midwest forecasts for next week turned wetter, easing crop concerns and shaking some weak longs out of the market, traders said.

Published 22 Jul, 2007 12:00am

US gold hits two-month high

US gold futures rallied to a two-month high in heavy trade on Friday, capping a week of solid gains fuelled by renewed fund buying and as investors sharply increased holdings of bullion held by gold exchange-traded funds (ETF).

Published 22 Jul, 2007 12:00am

New York sugar ends

Raw sugar futures settled mixed on Friday as the market consolidated near a four-month top, with brokers saying the sweetener's direction depends on what investment funds want to do next. New York Board Of Trades benchmark October contract slipped 0.02 ce

Published 22 Jul, 2007 12:00am

Crude oil prices edge closer to record highs

World oil prices soared close to record heights last week, energised by concerns over tight global supplies and keen demand led by the United States and China. Base metals tin and lead hammered record high points, while gold struck a two-month peak.

Published 22 Jul, 2007 12:00am

China Eastern Airlines to buy 10 Airbus

China Eastern Airlines Corp Ltd one of country's top three airlines, said it had agreed to buy 10 Airbus A320 series aircraft with engines from Airbus with catalogue price of 4.64 billion yuan (US $613 million).

Published 22 Jul, 2007 12:00am

Petrodollars to flow into US Treasuries despite Iran resolve

Iran's decision to switch some dollar-based oil revenues to the Japanese yen was negative for US government bond market sentiment, but would not make a dent on the flow of petrodollars into Treasuries.

Published 22 Jul, 2007 12:00am

Petrodollars to flow into US Treasuries despite Iran resolve

Published 22 Jul, 2007 12:00am

India to use private equity, foreign exchange reserves in infrastructure

India is banking on private equity inflows and an annual use of $5 billion from its foreign exchange reserves to meet the investment needs of its creaky infrastructure, the finance minister said on Saturday.

Published 22 Jul, 2007 12:00am

WTO draft cuts too deep, says Mandelson

New draft texts on agriculture and industry are a step forward in world trade talks but the range of tariff and subsidy cuts they propose are too tough, European Union Trade Commissioner Peter Mandelson said.

Published 22 Jul, 2007 12:00am

Harry Potter book flies off shelves, reviews glowing

The seventh and final Harry Potter book flew off the shelves on Saturday as fans the world over snapped up copies to discover the fate of the boy wizard and his Hogwarts pals.

Published 22 Jul, 2007 12:00am

China finds $1.2 billion in shady loans at banks

China's auditing watchdog has found that three major banks had extended more than 9.3 billion yuan ($1.2 billion) in questionable loans since 2002, according to the official Xinhua news agency.

Published 22 Jul, 2007 12:00am

Shell ordered to suspend Arctic offshore drilling

A US federal appeals court has ordered Royal Dutch Shell Plc to suspend oil exploration operations in the Beaufort Sea off the north coast of Alaska pending a legal challenge being brought by environmental activists and Alaska native groups.

Published 22 Jul, 2007 12:00am

US farm bill seen as fodder for world trade feuds

Lawmakers may have made the United States more vulnerable to new world trade suits this week when they voted to increase some subsidy rates and give new support to the cotton industry, analysts said on Friday.

Published 22 Jul, 2007 12:00am

Kuwaiti firm wants to set up Islamic bank in Britain

Kuwait's Securities House said on Saturday it wanted to start an Islamic bank in Britain to tap demand among the country's 1.8 million Muslims for investments that comply with their beliefs.

Published 22 Jul, 2007 12:00am

UAE bans Czech, Togo poultry imports

The United Arab Emirates banned on Saturday the import of all live birds and poultry products from the Czech Republic and Togo after an outbreak of the deadly H5N1 virus in both countries, the official WAM news agency said.

Published 22 Jul, 2007 12:00am

US companies cut junk food advertising on kids' shows

Eleven big US producers of chocolates, fries, sodas and sugary cereals pledged to cut back advertising aimed at kids to help fight child obesity.

Published 22 Jul, 2007 12:00am

Zimbabwe paves way for nationalising private firms

Zimbabwe's government has set up a state company to seize control of private local and foreign firms that President Robert Mugabe's administration says are engaging in "economic sabotage" in a bid to end his rule.

Published 22 Jul, 2007 12:00am

Iranian airline Manchester flights suspended

Britain has suspended Iranian airline Mahan Air's operating permit on safety grounds, a Department of Transport spokesman said on Saturday. In June, Mahan Air increased the regularity of its flights from Tehran to Manchester to five times a week.

Published 22 Jul, 2007 12:00am

Mexican stocks drop

Mexican stocks closed lower on Friday after disappointing quarterly results by telephone company Telmex and cement maker Cemex. The benchmark IPC stock index shed 0.71 percent to 31,922.22 points. "Company results have not been good at all," said a stock

Published 22 Jul, 2007 12:00am

Emerging debt bonds fall

Emerging debt bonds fell on Friday, led downwards by Argentina and other high-volatility credits over global market jitters sparked by US subprime housing woes, analysts said. Overall emerging market returns fell 0.30 percent, reversing Thursday's 0.23 pe

Published 22 Jul, 2007 12:00am

Emerging debt bonds fall

Published 22 Jul, 2007 12:00am

US corporate bonds fall

The market for investment-grade corporate bonds slumped on Friday as investors spooked by troubles roiling the subprime home loan sector largely boycotted company debt. US junk bonds also plummeted during the session, with some benchmark bonds falling to

Published 22 Jul, 2007 12:00am

US corporate bonds fall

Published 22 Jul, 2007 12:00am

US Treasury prices rally

The US Treasury debt market rallied on Friday, with benchmark yields falling to six-week lows as investors flocked to government bonds from stocks and other risky assets on fresh subprime loan and credit worries.

Published 22 Jul, 2007 12:00am

US Treasury prices rally

Published 22 Jul, 2007 12:00am

Validus set to raise more than $450 million in IPO

Reinsurance company Validus Holdings Ltd will test investor enthusiasm with an initial public offering it hopes will raise as much as $468 million when it becomes the fourth in its sector this year to tap US public markets.

Published 22 Jul, 2007 12:00am

Validus set to raise more than $450 million in IPO

Published 22 Jul, 2007 12:00am

Jumbo earnings week may reinforce share strength

Investors will sink their teeth into a mass of European company updates next week as they seek to determine whether robust earnings will neutralise risks emerging in recent months to the four-year bull run in stocks.

Published 22 Jul, 2007 12:00am

Argentine stocks sag

Argentina's stocks and bonds fell in line with regional markets on Friday amid investor concerns about the impact of the US subprime mortgage market on the global economy, traders said. The MerVal index of 21 leading stocks closed down at 2,277.47 points,

Published 22 Jul, 2007 12:00am

Chile stocks decline

Chilean stocks fell broadly on Friday, in line with regional markets and US. The all-market IGPA stock index dipped 0.27 percent to 14,909.60 points, while the trade-weighted blue chip IPSA index shed 0.51 percent to 3,366.39 points.

Published 22 Jul, 2007 12:00am

Biovail helps drag Toronto stocks to lower close

The Toronto Stock Exchange's main index closed the week on a down note on Friday as a big drop by Biovail Corp combined with sagging tech and industrial issues. The S&P/TSX composite index closed down 42.89 points, or 0.3 percent, at 14,582.87. It gained

Published 22 Jul, 2007 12:00am

Canadian bond prices rally

The Canadian bond prices, which have been spiralling lower in recent months, followed US Treasuries higher on Friday as dealers opted for the security amid US subprime loan and credit worries.

Published 22 Jul, 2007 12:00am

Canadian bond prices rally

The Canadian bond prices, which have been spiralling lower in recent months, followed US Treasuries higher on Friday as dealers opted for the security amid US subprime loan and credit worries.

Published 22 Jul, 2007 12:00am

Brazil stocks finish lower

Brazilian stocks fell on Friday from a record high set the previous day. The Bovespa index of the Sao Paulo Stock Exchange shed 1.17 percent to 57,442.74 points, closing the week at a break-even mark despite Thursday's intraday record of 58,292.88. The in

Published 22 Jul, 2007 12:00am

Earnings' misses, subprime woes punish Wall Street

US stocks tumbled on Friday, battered by disappointing results from such bellwethers as Caterpillar and Google, and more signals that fallout from the risky subprime mortgage market may spread. The day's losses were big enough to drag the major indexes in

Published 22 Jul, 2007 12:00am

China yuan buying may rise

Investors should buy into the Chinese Yuan via non-deliverable forwards in anticipation of faster currency appreciation after data showed strong economic growth and inflation, two banks said on Friday.

Published 22 Jul, 2007 12:00am

Forex market outlook, key levels

Selection of comments from analysts on important technical developments in the foreign exchange market.

Published 22 Jul, 2007 12:00am

Dollar declines in New York

The dollar fell to a record low against the euro on Friday and was on track for its sixth straight weekly decline, weighed down by fears that losses in risky mortgage debt would hurt consumers and slow US growth.

Published 22 Jul, 2007 12:00am

Canadian dollar fell

The Canadian dollar fell hard versus the US currency on Friday as its inability to find a comfort zone above a key level triggered a freefall that was magnified by thin markets. Domestic bond prices took advantage of the absence of any Canadian data, whic

Published 22 Jul, 2007 12:00am

Steady Swiss input price inflation weakens

Swiss import and producer price inflation held steady at a lower-than-expected level in June, data showed on Friday, dampening fears that the weak Swiss franc could be pushing prices up sharply.

Published 22 Jul, 2007 12:00am

Steady Indian inflation reinforces stable

India's annual inflation rate held steady in early July, data showed on Friday, reinforcing expectations the central bank would leave interest rates unchanged at a July 31 policy review.

Published 22 Jul, 2007 12:00am

Speed to step down in 2008

Malcolm Speed will step down as International Cricket Council (ICC) chief executive next year when his current term ends, an ICC spokesman said on Saturday. "Malcolm will not be seeking an extension beyond next year's annual conference (in June-July) at L

Published 22 Jul, 2007 12:00am

Symonds urges fans to applaud Murali

Andrew Symonds on Saturday urged Australian cricket fans not to taunt Sri Lankan spinner Muttiah Muralitharan if he passes Shane Warne's Test wicket world record while touring Down Under this year. Australian crowds have regularly abused "Murali" since he

Published 22 Jul, 2007 12:00am

Blake reaches Los Angeles semis

Second-seeded American James Blake eased through to the semi-finals of the Los Angeles Classic on Friday, but former world number one Marat Safin was knocked out by South Korea's Lee Hyung-taik.

Published 22 Jul, 2007 12:00am

Nadal moves into Stuttgart final

World number two Rafael Nadal moved smoothly into the final of the Stuttgart Cup with a comfortable 6-1 7-5 victory over Spanish compatriot Feliciano Lopez on Saturday.

Published 22 Jul, 2007 12:00am

Mahmoud double sends Iraq into quarters

Striker Younis Mahmoud scored twice to give Iraq a convincing 2-0 victory over Vietnam in an entertaining Asian Cup quarter-final on Saturday. The Iraqi captain popped up unmarked inside the area to head Nashat Akram's lofted free kick into the net after

Published 22 Jul, 2007 12:00am

Japan beat Australia, reach Asian Cup semis

Yuji Nakazawa blasted in the decisive penalty to lift Japan to a 4-3 shootout victory over Australia in an absorbing Asian Cup quarter-final on Saturday. The match finished 1-1 after extra time following second-half goals from John Aloisi and a rapid Japa

Published 22 Jul, 2007 12:00am

Zaheer Khan double checks England's progress

Zaheer Khan took two wickets in three balls for no runs as India fought back in the field on the third day of the first Test against England at Lord's here Saturday. England, in their second innings, were 54 for two when the day's second rain interruption

Published 22 Jul, 2007 12:00am

Taliban kills two Germans

Afghan Taliban rebels said they had killed two German hostages on Saturday, but an Afghan Foreign Ministry official said one of the Germans was still alive and the other had died of a heart attack. A Taliban spokesman Qari Mohammad Yousuf also said the mi

Published 22 Jul, 2007 12:00am

Japan rejects IAEA help at nuclear plant

Japan has turned down an offer of help from the UN nuclear watchdog following last week's quake which damaged the world's biggest nuclear power plant, media reported on Saturday. Authorities closed down the Kashiwazaki-Kariwa nuclear plant indefinitely af

Published 22 Jul, 2007 12:00am

Minibus bombing kills five in Iraq

Insurgents bombed a minibus on Saturday near Baghdad's Shia slum of Sadr City, killing five people, while troops raided a prominent Sunni mosque compound in Baghdad and captured 18 suspected militants. The bomb in the minibus, which exploded in the capita

Published 22 Jul, 2007 12:00am

North Korea renews demand for light water reactor, warns Japan

North Korea's top nuclear envoy said Saturday it wanted a light-water reactor as compensation for shutting down its nuclear programmes, while accusing Japan of causing a political crisis.

Published 22 Jul, 2007 12:00am

Bush bans torture from CIA questioning

US President George W. Bush on Friday forbid the CIA to torture suspected terrorists in its once-secret detention and interrogation program but was criticised for his vague, "trust us" approach.

Published 22 Jul, 2007 12:00am

UN suspends Moroccan contingent in Ivory Coast

The United Nations suspended a Moroccan military contingent from its peacekeeping mission in Ivory Coast while it investigated allegations of widespread sexual abuse, the world body said on Saturday.

Published 22 Jul, 2007 12:00am

Expatriates vote early

Hundreds of thousands of Turks living abroad have been voting early as they arrive at Turkish airports or borders, anxious to play their part in an election they see as key to Turkey's future direction. At Istanbul airport, they joined long queues of citi

Published 22 Jul, 2007 12:00am

Turkish Prime Minister, rivals make final appeal to voters: thousands of MHP supporters rally

Turkey's politicians made a final pitch for votes on the eve of a parliamentary election billed by both the ruling Islamist-rooted AK Party and its nationalist rivals as a key test for their secular democracy.

Published 22 Jul, 2007 12:00am

IGP issues directives for special security

Inspector General Police Sindh, Ziau-ul-Hasan Khan on Saturday issued directives to Sindh Police for special security in the province in the light of decisions taken at a high level meeting held at Governor House where strategy was chalked out in the wake

Published 22 Jul, 2007 12:00am

Minister invites investment in CNG transport

Sindh Minister for Labour and Transport, Mohammed Adil Siddiqi, has urged the investors and transporters to make investment in CNG transport keeping environmental protection and future needs of Karachi in view. He said the Provincial government is taking

Published 22 Jul, 2007 12:00am

Sindh chief secretary visits rain, flood-hit areas

Sindh Chief Secretary Aijaz Ahmed Qureshi on Saturday issued directive for taking all possible steps for helping the rain and flood-affected people. After having a briefing from Relief Commissioner Sindh Syed Anwar Haider, the Chief Secretary paid a visit

Published 22 Jul, 2007 12:00am

Millers call for setting up of wheat board

The second flour milling conference organised by the Indo-Pak Flour Mills Confederation ended here on Saturday with a call on the government to set up a wheat board with flour millers' representatives on board dealing with all policy issues concerning whe

Published 22 Jul, 2007 12:00am

Hilal-e-Ahmar hailed for conducting first aid training

The District Nazim Hyderabad Kanwar Naveed Jamil has said that Hilal-e-Ahmar Hyderabad was working with zeal and its performance was outstanding while various centres working under Hilal-e-Ahmar are performing prominently in Pakistan.

Published 22 Jul, 2007 12:00am

Dalai Lama speaks at global meeting of Buddhists in Germany

The spiritual leader of the Buddhist centre in the north German port of Hamburg mumbles prayers and throws rice into the air as he rings a bell. Deshe Pema Samten is in the middle of a traditional ceremony that involves blessing small and large Buddha sta

Published 22 Jul, 2007 12:00am

Indonesians told 'inconvenient truth' of climate change

In a darkened auditorium on a weekday afternoon, Indonesians are warned that floods in their capital will become more catastrophic and the haze-inducing fires blazing through their forests are partly to blame. A message from Al Gore has arrived.

Published 22 Jul, 2007 12:00am

Harry Potter and the magic of teen reading

As if by magic, thousands of readers will queue up on Saturday to snag a copy of the last instalment of the Harry Potter series. The British boy wizard seems to have woven a spell over the publishing world, not the least because of the books' supposed pow

Published 22 Jul, 2007 12:00am

Madrassa education: some suggestions

Operation Silence was designed to flush out a well entrenched militant force that was professional and had the expertise to defend a limited structure with necessary arms and ammunition and explosives. It took six days to clear the opposition with combat

Published 22 Jul, 2007 12:00am

Global warming: lessons of history help the future

From the enigma of Easter Island to the famines that struck India in the 19th century, the past is throwing up vital pointers for scientists poring over how to combat looming climate change.

Published 22 Jul, 2007 12:00am

Reconsidering Jihad: a view from within

Inside Egyptian prisons a profound change has been taking place around the Islamic ideology of jihad (literally "struggle" but often taken to mean "holy war"). Top militant leaders serving long sentences have been given the chance to gain their freedom by

Published 22 Jul, 2007 12:00am

A fond hope

When the textile quota system was about to end with the advent of the WTO regime, some overoptimistic Pakistani experts had begun to talk of the country's potential to be included among the three top textiles exporting nations - the other two being China

Published 22 Jul, 2007 12:00am

New taxes on steel industry

Pakistan's steel industry has protested against the imposition of three new taxes - 20 percent sales tax, 3.5 percent income tax, and one percent excise duty on the sale of finished products to the non-corporate sector, says a Recorder Report.

Published 22 Jul, 2007 12:00am

Sea level rise may be higher this century: study

The sea-level rise this century might be greater than previously thought, posing risks to hundreds of millions of people living close to the world's oceans, says a joint study conducted by scientists.

Published 22 Jul, 2007 12:00am

'Survival difficult without improving livestock productivity'

In this era of competition for sustainable livestock production, survival is difficult without improving productivity of livestock. Generally, the farmers do not feed their animals according to their nutritional requirements, which causes overall low prod

Published 22 Jul, 2007 12:00am

Illegal gas sale irks Kasurites

The number of LPG gas cylinder sale shops has mushroomed in and around the city where traders selling and refilling the cylinders have ignored to take precautionary measures. A survey conducted by Business Recorder has found that up to 235 shops ha

Published 22 Jul, 2007 12:00am

40 percent pollution controlled in Sialkot tanneries

A multidimensional programme was initiated aimed at combating with intensive threats of pollution caused by the establishment of ill-planned tanneries in and around Sialkot. With the implementation of this programme 40 percent pollution load had been cont

Published 22 Jul, 2007 12:00am

Poetry collection

The collection of poetry by Gulnar Afreen will be launched at a ceremony at a local hotel on July 22. An announcement on Saturday said that eminent scholar, Dr Farman Fatehpuri, will preside over the function. Sindh Ministers Shabbir Ahmed Qaimkhani and R

Published 22 Jul, 2007 12:00am

Pakistan keen to strength ties with Bahrain: Prime Minister

Prime Minister Shaukat Aziz said on Saturday that Pakistan and Bahrain enjoy close brotherly relations based on common faith and shared interest, with a desire to further strengthen bilateral relations. The Prime Minister was talking to Ambassador of Bahr

Published 22 Jul, 2007 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 24	278.53
USD PKR Interbank Buying / Dec 24	278.33
USD to Japanese Yen / Dec 24	157.10
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
S&P 500 / Dec 23	5,974.07
Nasdaq / Dec 23	19,764.89
Dow Jones / Dec 23	42,906.95
Germany DAX 30 / Dec 23	19,848.77
India Sensex / Dec 24	78,616.57
Tokyo Nikkei / Dec 24	39,036.85
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,130.86

Item	Value
Gold 10 Grams PKR / Dec 23	241,087.80
Crude Oil USD/Barrel / Dec 24	69.54
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
Gold Spot USD/Ounce / Dec 24	2,618.54
Cotton US¢/pound / Dec 24	69.13
Petrol/Litre / Dec 25	252.10

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Dec 24 Security Investment Bank Limited(SIBL)	5.99 ▲ 1.00 (20.04%)
Next Capital / Dec 24 Next Capital Limited(NEXT)	8.90 ▲ 1.00 (12.66%)
Pak Agro Pack. (GEM) / Dec 24 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9 ▲ 1.00 (12.50%)
Ghani Chem. Ind. / Dec 24 Ghani Chemical Industries Limited(GCIL)	16.13 ▲ 1.47 (10.03%)
Pak Gulf Leasing / Dec 24 Pak-Gulf Leasing Company Limited(PGLC)	14.37 ▲ 1.31 (10.03%)
Popular Islamic / Dec 24 Popular Islamic Modaraba(PIM)	15.58 ▲ 1.42 (10.03%)
Mandviwala / Dec 24 Mandviwala Mauser Plastic Industries(MWMP)	16.59 ▲ 1.51 (10.01%)
Blessed Tex. / Dec 24 Blessed Textiles Limited(BTL)	301.77 ▲ 27.43 (10.00%)
Crescent Cotton / Dec 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5.00 (10.00%)

Stock	Price
S.G.Power / Dec 24 S.G. Power Limited(SGPL)	10.58 ▼ -1.18 (-10.03%)
Olympia Mills / Dec 24 Olympia Mills Limited(OML)	36 ▼ -4.00 (-10.00%)
J.A.Textile / Dec 24 J.A. Textile Mills Limited(JATM)	33.95 ▼ -3.77 (-9.99%)
Sanghar Sugar / Dec 24 Sanghar Sugar Mills Limited(SANSM)	26.16 ▼ -2.90 (-9.98%)
I.C.C. Ind. / Dec 24 ICC Industries Limited(ICCI)	9.85 ▼ -1.07 (-9.80%)
National Silk / Dec 24 The National Silk & Rayon Mills Limited(NSRM)	50.01 ▼ -5.43 (-9.79%)
Gulshan Sp. / Dec 24 Gulshan Spinning Mills Limited(GSPM)	4.10 ▼ -0.40 (-8.89%)
Crescent Fib. / Dec 24 Crescent Fibres Limited(CFL)	40.16 ▼ -3.81 (-8.66%)
Reliance Ins. / Dec 24 Reliance Insurance Company Limited(RICL)	11.55 ▼ -1.05 (-8.33%)

Stock	Volume
WorldCall Telecom / Dec 24 Worldcall Telecom Limited(WTL)	126,573,463 ▲ 0.05
Fauji Foods Ltd / Dec 24 Fauji Foods Limited(FFL)	66,984,381 ▲ 0.49
Cnergyico PK / Dec 24 Cnergyico PK Limited(CNERGY)	66,471,663 ▼ -0.27
Pak Elektron / Dec 24 Pak Elektron Limited(PAEL)	38,651,653 ▼ -1.53
K-Electric Ltd. / Dec 24 K-Electric Limited(KEL)	36,108,956 ▼ -0.18
Sui South Gas / Dec 24 Sui Southern Gas Company Limited(SSGC)	33,467,532 ▼ -0.50
P.T.C.L. / Dec 24 Pakistan Telecommunication Company Ltd(PTC)	33,030,118 ▼ -1.31
TRG Pak Ltd / Dec 24 TRG Pakistan Limited(TRG)	29,441,264 ▲ 3.35
Pace (Pak) Ltd. / Dec 24 Pace (Pakistan) Limited(PACE)	28,106,970 ▼ -0.18

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