News Archives for Print - 2007-08-17

Print - 2007-08-17

Cross Transactions

Cross transactions between client to client reported on Thursday (August 16, 2007).

Published 17 Aug, 2007 12:00am

Wasim for more UK visas to Pakistani students

Leader of the House in the Senate, Wasim Sajjad has said that Pakistan and Britain share identical views on different issues of international significance and expressed satisfaction over the fact that bilateral relations between the two have strengthened

Published 17 Aug, 2007 12:00am

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 17 Aug, 2007 12:00am

Jamali for level playing field to all parties

Former Prime Minister Mir Zafarullah Khan Jamali Thursday said that level playing field should be provided to all the political parties to contest the forthcoming general elections. Talking to a private television channel he said the exiled political lead

Published 17 Aug, 2007 12:00am

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 17 Aug, 2007 12:00am

Durrani hints political reshuffling before elections

Federal Minister for Information and Broadcasting Muhammad Ali Durrani on Thursday claimed major reshuffling at the political arena prior to the general elections.

Published 17 Aug, 2007 12:00am

Dividend/Bonus Announcements

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

Published 17 Aug, 2007 12:00am

Plantation campaign: public urged to take part

Punjab Minister for Environment Dr Anjum Amjad has urged the public to take part in the current plantation campaign. He was talking to various delegations here on Thursday.

Published 17 Aug, 2007 12:00am

Shares buy-back schedule

Shares buy-back schedule of listed companies on Thursday (August 16, 2007).

Published 17 Aug, 2007 12:00am

'Power devolution must to curb corruption'

National Reconstruction Bureau (NRB) Chairman Danial Aziz has said the devolution of maximum powers at grassroots is the only solution to eliminate corruption, adding that citizen community boards are an important part of the district government system so

Published 17 Aug, 2007 12:00am

Last date of renunciation/payment

Last dates of renunciation/payment.

Published 17 Aug, 2007 12:00am

10 militants, two soldiers killed in South Waziristan

Security forces, backed by helicopters, clashed with militants in the troubled tribal region on Thursday, killing 10 of them, the army said. Two soldiers were killed and four others injured in a roadside bomb in the region.

Published 17 Aug, 2007 12:00am

Provisionally listed companies

Provisional companies listed in Karachi Stock Exchange.

Published 17 Aug, 2007 12:00am

SRO clarifies importable goods specifications

The commerce ministry on Thursday issued the statutory regulatory order (SRO) clarifying all the specifications of goods whose import has been allowed in the Trade Policy - 2007-08.

Published 17 Aug, 2007 12:00am

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 17 Aug, 2007 12:00am

Tense situation in educational institutions

Educational activities remain disturbed due to tense situation in the mainstream universities and colleges of the city while medical university remained closed on Thursday.

Published 17 Aug, 2007 12:00am

Companies under suspension

"Under Suspension" Companies listed on the Karachi Stock Exchange.

Published 17 Aug, 2007 12:00am

PTCL union workers stage demonstration

Pakistan Telecommunication Employees Union workers held a protest demonstration outside Gateway Telephone Exchange Karachi on Thursday against appointments on contract basis.

Published 17 Aug, 2007 12:00am

Clearing Schedule for T+3 System

Karachi Stock Exchange's Clearing Schedule for T+3 System.

Published 17 Aug, 2007 12:00am

DSRA flays Clifton Cantt Board

Defence Society Residence Association (DSRA) has held the Clifton Cantonment Board responsible for unplanned fragile civic infrastructure in the area, which caused problems during and after recent rains to the residents and crippled the social and commerc

Published 17 Aug, 2007 12:00am

Dates of Closure of Books & Annual General Meetings

Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed on the stock exchanges.

Published 17 Aug, 2007 12:00am

Business community wants subsidies, undue incentives: survey

True entrepreneurship is not growing because of the pampered treatment business community has received and still wants it. This includes subsidies, undue incentives, rebates and tax concessions. Besides, the businesses in Pakistan are deficient in profess

Published 17 Aug, 2007 12:00am

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Wednesday (July 11, 2007).

Published 17 Aug, 2007 12:00am

SCCI condemns law, order situation in Swat

The executive committee of Sarhad Chamber of Commerce and Industry (SCCI) on Thursday passed a unanimous resolution condemning growing lawlessness in district Swat and terrorist incidents at tourist resort.

Published 17 Aug, 2007 12:00am

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Wednesday (July 11, 2007).

Published 17 Aug, 2007 12:00am

LCCI welcomes SME policy

The Lahore Chamber of Commerce and Industry (LCCI) welcomed the first ever SME policy and said it hoped the initiatives announced in the new policy would be implemented in letter and spirit, making the environment business-friendly and hassle-free.

Published 17 Aug, 2007 12:00am

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Wednesday (July 11, 2007).

Published 17 Aug, 2007 12:00am

Sewing machines sale down by 50 percent

Despite price stability during the last one year, sale of imported and locally manufactured sewing machines shrank by 50 percent due to law and order situation and poor purchasing power of the masses, dealers of sewing machines said.

Published 17 Aug, 2007 12:00am

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (July 11, 2007).

Published 17 Aug, 2007 12:00am

'Government to ensure continuity of economic policies'

Prime Minister Shaukat Aziz on Thursday said the reform agenda implemented by the government has resulted in the record development and growth and the government will ensure continuity of policies to maintain growth momentum.

Published 17 Aug, 2007 12:00am

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (July 11, 2007).

Published 17 Aug, 2007 12:00am

Pakistan''s foreign exchange reserves up

Country''s liquid foreign exchange reserves have increased by 21.2 million dollars to new peak of 15.8006 billion dollars from 15.7794 dollars during the week ending August 11.

Published 17 Aug, 2007 12:00am

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (July 11, 2007).

Published 17 Aug, 2007 12:00am

Pakistan's foreign exchange reserves up

Country's liquid foreign exchange reserves have increased by 21.2 million dollars to new peak of 15.8006 billion dollars from 15.7794 dollars during the week ending August 11.

Published 17 Aug, 2007 12:00am

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (July 11, 2007).

Published 17 Aug, 2007 12:00am

Pakistan's foreign exchange reserves up

Country's liquid foreign exchange reserves have increased by 21.2 million dollars to new peak of 15.8006 billion dollars from 15.7794 dollars during the week ending August 11.

Published 17 Aug, 2007 12:00am

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (July 11, 2007).

Published 17 Aug, 2007 12:00am

Supreme Court rejects plea for time extension to update voter lists

The Supreme Court has declined to extend the one month's time limit for registration of the missing voters in the electoral rolls.

Published 17 Aug, 2007 12:00am

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (July 11, 2007).

Published 17 Aug, 2007 12:00am

Supreme Court rejects plea for time extension to update voter lists

The Supreme Court has declined to extend the one month's time limit for registration of the missing voters in the electoral rolls.

Published 17 Aug, 2007 12:00am

KKI closing rates of currency notes

Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Thursday (August 16, 2007).

Published 17 Aug, 2007 12:00am

500 dead in Peru quake, as aid airlift goes into action

Officials battled Thursday to help victims of a huge quake which rocked Peru's southern tourist coast killing some 500, injuring hundreds more, and leaving many feared trapped in the rubble.

Published 17 Aug, 2007 12:00am

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (August 16, 2007).

Published 17 Aug, 2007 12:00am

500 dead in Peru quake, as aid airlift goes into action

Officials battled Thursday to help victims of a huge quake which rocked Peru's southern tourist coast killing some 500, injuring hundreds more, and leaving many feared trapped in the rubble.

Published 17 Aug, 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 17 Aug, 2007 12:00am

Collapse of berths: ship agents demand judicial inquiry

Pakistan Ship Agents Association (PSAA) has demanded that the committee appointed by the government to investigate the berths'' collapse at Karachi port be disbanded immediately. Captain Rasheed Abro, Vice-Chairman, PSAA told Business Recorder here

Published 17 Aug, 2007 12:00am

US treasuries bid yields

US treasuries bid yields on Thursday (August 16, 2007).

Published 17 Aug, 2007 12:00am

Collapse of berths: ship agents demand judicial inquiry

Pakistan Ship Agents Association (PSAA) has demanded that the committee appointed by the government to investigate the berths' collapse at Karachi port be disbanded immediately. Captain Rasheed Abro, Vice-Chairman, PSAA told Business Recorder here

Published 17 Aug, 2007 12:00am

US treasuries bid yields

US treasuries bid yields on Thursday (August 16, 2007).

Published 17 Aug, 2007 12:00am

Collapse of berths: ship agents demand judicial inquiry

Published 17 Aug, 2007 12:00am

US treasuries bid yields

US treasuries bid yields on Thursday (August 16, 2007).

Published 17 Aug, 2007 12:00am

Fund spending in tobacco cess generating districts directed

The NWFP Chief Minister Akram Khan Durrani while presiding over a meeting in connection with tobacco cess development on Thursday directed the authorities to spend on the same districts which produce revenue through tobacco cess, which would include const

Published 17 Aug, 2007 12:00am

US treasuries bid prices

US treasuries bid prices on Thursday (August 16, 2007).

Published 17 Aug, 2007 12:00am

Congress to make legislation for ROZs in September: Boucher

US Assistant Secretary of State Richard Boucher on Thursday said the US Congress would do legislation for establishment of Reconstruction Opportunities Zones (ROZs) in the tribal areas of Pakistan in September. He was talking to Interior Minister Aftab Ah

Published 17 Aug, 2007 12:00am

US treasuries bid prices

US treasuries bid prices on Thursday (August 16, 2007).

Published 17 Aug, 2007 12:00am

Mango exporters threaten legal action against MoC and TDAP

Mango exporters have warned of legal action against the ministry of commerce (MoC) and the Trade Development Authority of Pakistan (TDAP) if they fail to resume subsidy on airfreight of the mango exports and pay around Rs 150 million dues to the exporters

Published 17 Aug, 2007 12:00am

US treasuries bid prices

US treasuries bid prices on Thursday (August 16, 2007).

Published 17 Aug, 2007 12:00am

Setting up of CNG stations linked to gas pressure

The Sui Northern Gas Pipeline Limited (SNGPL) would go by the availability of the natural gas pressure in any particular area, inclusive of the urban areas like Multan for the formal grant of license linked with the setting up of the CNG stations.

Published 17 Aug, 2007 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Thursday (August 16, 2007).

Published 17 Aug, 2007 12:00am

China investment slows, tightening expected

The pace of Chinese capital spending slowed a touch in the first seven months of the year, but not by enough to dispel expectations of further policy tightening to cool the world's fastest-growing major economy.

Published 17 Aug, 2007 12:00am

London Interbank Offered Rates

London Interbank Offered Rates (LIBOR) on Thursday (August 16, 2007).

Published 17 Aug, 2007 12:00am

German economy seen riding out credit turmoil

German households' aversion to debt and firms' healthy profits mean Europe's largest economy should suffer little impact from credit market turbulence, a government economic adviser and economists said on Thursday.

Published 17 Aug, 2007 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (August 16, 2007).

Published 17 Aug, 2007 12:00am

ISE index down 19.34 points

Bears returned in the driving seat on Thursday at the Islamabad Stock Exchange where selling pressure intensified in the trend-setters amid decrease in index. ISE-10 index showed a decrease of 19.34 points as the ISE index moved from 2,940.69 to 2,921.35

Published 17 Aug, 2007 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (August 16, 2007).

Published 17 Aug, 2007 12:00am

ISE index down 19.34 points

Published 17 Aug, 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 Thursday (August 16, 2007).

Published 17 Aug, 2007 12:00am

LSE index drops 32.58 points

The local stock market showed negative vibes on Thursday for lack of investors' confidence, especially foreign funds, either keeping themselves away or offloading their positions due mainly to political instability in the country.

Published 17 Aug, 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 Thursday (August 16, 2007).

Published 17 Aug, 2007 12:00am

LSE index drops 32.58 points

Published 17 Aug, 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 Thursday (August 16, 2007).

Published 17 Aug, 2007 12:00am

Government may curb Ogra''s powers to notify LPG prices

The federal government is likely to curb the powers of Oil and Gas Regulatory Authority (Ogra) to notify Liquefied Petroleum Gas (LPG) producers'' prices and impose restrictions on its export, informed sources told Business Recorder.

Published 17 Aug, 2007 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Thursday (August 16, 2007).

Published 17 Aug, 2007 12:00am

Government may curb Ogra's powers to notify LPG prices

The federal government is likely to curb the powers of Oil and Gas Regulatory Authority (Ogra) to notify Liquefied Petroleum Gas (LPG) producers' prices and impose restrictions on its export, informed sources told Business Recorder.

Published 17 Aug, 2007 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Thursday (August 16, 2007).

Published 17 Aug, 2007 12:00am

Government may curb Ogra's powers to notify LPG prices

Published 17 Aug, 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 Thursday (August 16, 2007).

Published 17 Aug, 2007 12:00am

CNG stations de-registration: FBR withdraws decision

The Federal Board of Revenue (FBR) has withdrawn a major budgetary decision (2007-08) pertaining to de-registration of Compressed Natural Gas (CNG) stations with the sales tax department.

Published 17 Aug, 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 Thursday (August 16, 2007).

Published 17 Aug, 2007 12:00am

CNG stations de-registration: FBR withdraws decision

The Federal Board of Revenue (FBR) has withdrawn a major budgetary decision (2007-08) pertaining to de-registration of Compressed Natural Gas (CNG) stations with the sales tax department.

Published 17 Aug, 2007 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Thursday (August 16, 2007).

Published 17 Aug, 2007 12:00am

CNG stations de-registration: FBR withdraws decision

The Federal Board of Revenue (FBR) has withdrawn a major budgetary decision (2007-08) pertaining to de-registration of Compressed Natural Gas (CNG) stations with the sales tax department.

Published 17 Aug, 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 17 Aug, 2007 12:00am

Cotton prices again go up by Rs 200 per maund

Cotton prices, which reached the lowest level against its real market prices on Wednesday, once again shot up by Rs 200 per maund in the local market on Thursday due to rising demand and short supply, said the traders.

Published 17 Aug, 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 17 Aug, 2007 12:00am

Cotton prices again go up by Rs 200 per maund

Published 17 Aug, 2007 12:00am

Aaj TV - Friday's schedule

All timings are in PST (Pakistan Standard Time).

Published 17 Aug, 2007 12:00am

Cotton prices again go up by Rs 200 per maund

Published 17 Aug, 2007 12:00am

HRW wheat bids steady to weaker

US Plains hard red winter wheat basis bids were steady to weaker on Thursday as mills were mostly well stocked and country elevators worked to free up space ahead of fall harvest. The basis was 3 cents weaker in Salina, Kansas, and Catoosa, Oklahoma.

Published 17 Aug, 2007 12:00am

BRIndex30 sheds 117.89 points

On Thursday, BRIndex30 opened at 13,634.41 in the negative zone and remained there for the whole trading time, with a downward gap of 47.62 points. It closed at 13,516.88 with a net negative change of -117.89 points and percentage change of -0.86.

Published 17 Aug, 2007 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 112,982 tonnes cargo including 79,389 tonnes import, 33,593 tonnes export cargo and 3,675 containers (TEUs) during last 24 hours ending at 0700 hours on Thursday.

Published 17 Aug, 2007 12:00am

BRIndex30 sheds 117.89 points

Published 17 Aug, 2007 12:00am

Singapore bunker fuel prices fall

Singapore bunker prices slipped further on Thursday amid sliding crude futures and its differentials to fuel oil cargo values stayed steady. Prices for the 380-centistoke (cst) were pegged at $362-364 a tonne, down $4.00 from the last session, with the di

Published 17 Aug, 2007 12:00am

US urges Musharraf to share power with Benazir: New York Times

The United States is quietly pushing President Pervez Musharraf to share power with former Prime Minister Benazir Bhutto, The New York Times reported in Thursday editions, citing US and Pakistani officials.

Published 17 Aug, 2007 12:00am

Gulf soya rises for second day; corn firm

US FOB Gulf soyabean basis offers rose for a second day on Wednesday amid exporter buying in the barge market and another sharp drop in CBOT soyabean prices, traders said. Corn and wheat basis values held steady. Soybean export premiums rose 1 to 5 cents

Published 17 Aug, 2007 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 25	277.83
USD PKR Interbank Buying / Nov 25	277.73
USD to Japanese Yen / Nov 26	153.85
USD to Swiss Franc / Nov 26	0.89
Pound Sterling to USD / Nov 26	1.25
Euro to USD / Nov 26	1.05

Stock	Volume
S&P 500 / Nov 25	5,987.37
India Sensex / Nov 25	80,109.85
Tokyo Nikkei / Nov 25	38,242.02
Nasdaq / Nov 25	18,054.84
Hang Seng / Nov 25	19,255.06
FTSE 100 / Nov 25	8,291.68
Dow Jones / Nov 25	44,736.57
Germany DAX 30 / Nov 25	19,405.20

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 25	17,685
Gold 10 Grams PKR / Nov 25	244,860.20
Petrol/Litre / Nov 26	248.38
Crude Oil USD/Barrel / Nov 26	69.12
Gold Spot USD/Ounce / Nov 26	2,630.41
Diesel/Litre / Nov 26	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 26 786 Investments Limited(786)	6.86 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 26 Al-Abbas Sugar Mills Limited(AABS)	610 ▼ 0.00 (0.00%)
Agro Allianz / Nov 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 26 Ali Asghar Textile Mills Limited(AATM)	74.39 ▼ 0.00 (0.00%)
Allied Bank / Nov 26 Allied Bank Limited(ABL)	122.01 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 26 Abbott Laboratories (Pakistan) Limited(ABOT)	998.48 ▼ 0.00 (0.00%)
Abson Ind. / Nov 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 26 Alfalah Consumer Index ETF.(ACIETF)	12.42 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 26 786 Investments Limited(786)	6.86 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 26 Al-Abbas Sugar Mills Limited(AABS)	610 ▲ 0.00 (0.00%)
Agro Allianz / Nov 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 26 Ali Asghar Textile Mills Limited(AATM)	74.39 ▲ 0.00 (0.00%)
Allied Bank / Nov 26 Allied Bank Limited(ABL)	122.01 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 26 Abbott Laboratories (Pakistan) Limited(ABOT)	998.48 ▲ 0.00 (0.00%)
Abson Ind. / Nov 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 26 Alfalah Consumer Index ETF.(ACIETF)	12.42 ▲ 0.00 (0.00%)

Stock	Volume
Hascol Petrol / Nov 26 Hascol Petroleum Limited(HASCOL)	64,823,622 ▲ 0.00
Cnergyico PK / Nov 26 Cnergyico PK Limited(CNERGY)	48,065,578 ▲ 0.00
Fauji Foods Ltd / Nov 26 Fauji Foods Limited(FFL)	40,919,425 ▲ 0.00
WorldCall Telecom / Nov 26 Worldcall Telecom Limited(WTL)	33,547,707 ▲ 0.00
K-Electric Ltd. / Nov 26 K-Electric Limited(KEL)	32,092,012 ▲ 0.00
Sui South Gas / Nov 26 Sui Southern Gas Company Limited(SSGC)	30,420,168 ▲ 0.00
Treet Battery / Nov 26 Treet Battery Limited(TBL)	22,823,492 ▲ 0.00
B.O.Punjab / Nov 26 The Bank of Punjab(BOP)	20,014,784 ▲ 0.00
Waves Home Appliances / Nov 26 Waves Home Appliances Limited(WAVESAPP)	19,695,105 ▲ 0.00

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