News Archives for Print - 2007-09-27

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Wednesday (September 26, 2007).

Published 27 Sep, 2007 12:00am

All shares index report

The sector-wise all shares index report on Wednesday (September 26, 2007).

Published 27 Sep, 2007 12:00am

Promotion of tourism to project country's true image: President

President General Pervez Musharraf has said Pakistan is promoting tourism which provides an opportunity to project the country's true image in the international community.

Published 27 Sep, 2007 12:00am

Tobacco: PAKISTAN TOBACCO COMPANY LIMITED - Analysis of Financial Statements

Pakistan Tobacco Company Limited is part of British American Tobacco the world's most international tobacco group, with brands sold in 180 markets around the world.

Published 27 Sep, 2007 12:00am

Benazir's remarks on A Q Khan clarified

"PPP has no intention of violating domestic or international law regarding personal rights of anyone, least of all of Dr A Q Khan," said Farhatullah Babar, media person of Benazir Bhutto, in a press release on Wednesday.

Published 27 Sep, 2007 12:00am

Tobacco: PAKISTAN TOBACCO COMPANY LIMITED - Analysis of Financial Statements

Pakistan Tobacco Company Limited is part of British American Tobacco the world's most international tobacco group, with brands sold in 180 markets around the world.

Published 27 Sep, 2007 12:00am

Amin Fahim not acceptable: Qazi

President Muttahida Majlis-i-Amal Qazi Hussain Ahmed said on Wednesday that Makhdoom Amin of PPPP was not at all acceptable to the MMA for presidential election.

Published 27 Sep, 2007 12:00am

THE RUPEE: dollar up in interbank

Bearish sentiment was seen in the interbank market on Wednesday as the rupee failed to show rise in its value despite the higher trend in the remittances specially during the month of Ramazan, dealers said. The rupee shed against dollar five paisa for buy

Published 27 Sep, 2007 12:00am

People's Party giving relief to Musharraf: Baloch

The Parliamentary leader of Muttahida Majlis-i-Amal (MMA) and Naib Amir Jamaat-e-Islami Pakistan Liaquat Balouch on Wednesday said the People's Party was giving relief to General Pervez Musharraf by all means in what he claimed the unconstitutional presid

Published 27 Sep, 2007 12:00am

THE RUPEE: dollar up in interbank

Bearish sentiment was seen in the interbank market on Wednesday as the rupee failed to show rise in its value despite the higher trend in the remittances specially during the month of Ramazan, dealers said. The rupee shed against dollar five paisa for buy

Published 27 Sep, 2007 12:00am

Eight Jamaat-e-Islami Punjab legislators submit resignations

Eight legislators from the Jamaat-e-Islami Pakistan in the Punjab Assembly on Wednesday handed over their resignations to the leader of Muttahida Majlis-i-Amal (MMA) in the Provincial Assembly, Chaudhry Asghar Ali Gujjar.

Published 27 Sep, 2007 12:00am

Pakistani animated character takes Mexico by storm

Commander Safeguard, the first animated superhero of Pakistan and the mascot of P&G's brand Safeguard, has taken Mexico by storm. Developed by Post Amazers, the largest animation house in Pakistan and the first with a truly global clientele, the hit serie

Published 27 Sep, 2007 12:00am

APDM leaders meet today to review resignation timing

With the presidential election due early next month, top leaders of All Parties Democratic Movement (APDM) will meet in Peshawar on Thursday to reconsider the timing of resignations from assemblies against President Pervez Musharraf's re-election.

Published 27 Sep, 2007 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Wednesday (September 26, 2007).

Published 27 Sep, 2007 12:00am

Lahore city council condemns forceful deportation of Nawaz

In a rare move the City Council Lahore adopted a condemnation resolution on Wednesday against the forceful deportation of former prime minister Nawaz Sharif to Saudi Arabia by the government just hours after he landed at Islamabad Airport from a seven yea

Published 27 Sep, 2007 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (September 26, 2007).

Published 27 Sep, 2007 12:00am

Lahore Nazim inaugurates Khayaban-e-Jinnah

Nazim Lahore Mian Amer Mahmood has said that 5-km-long Khayaban-e-Jinnah, a Rs 250 million project, would connect Maulana Shaukat Ali Road, Johar Town, with Raiwind Road. He expressed these views while talking to newsmen at the inaugural ceremony of Khaya

Published 27 Sep, 2007 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (September 26, 2007).

Published 27 Sep, 2007 12:00am

Four gunned down outside court building

Gunmen shot dead four persons and wounded two others, due to old enmity, outside the court of the Additional Sessions Judge, Kharian, on Wednesday. The culprits fled from the scene after the incident, a private TV reported.

Published 27 Sep, 2007 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Wednesday (September 26, 2007).

Published 27 Sep, 2007 12:00am

USAID awards 17 grants to NGOs

The USAID funded Pakistan Safe Drinking Water and Hygiene Promotion Project here on Wednesday awarded 17 grants to Pakistani NGOs for awareness and mobilisation of communities to practice good hygiene and sanitation, and to sustain water filtration plants

Published 27 Sep, 2007 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (September 26, 2007).

Published 27 Sep, 2007 12:00am

Lack of funds causes failure of anti-mealy bug project

The government has failed to rescue the cotton crop facing mealy bug attack in various districts as the development project aimed at controlling the outbreak is without any funding for the last around six months, sources told Business Recorder.

Published 27 Sep, 2007 12:00am

Massive smuggling of essentials to Iran detected

The Directorate General of Intelligence and Investigation, Customs and Excise, Islamabad, has detected massive smuggling of rice, beans and other commodities to Iran, reflecting failure of customs department in performing anti-smuggling activities at the

Published 27 Sep, 2007 12:00am

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 27 Sep, 2007 12:00am

Massive smuggling of essentials to Iran detected

The Directorate General of Intelligence and Investigation, Customs and Excise, Islamabad, has detected massive smuggling of rice, beans and other commodities to Iran, reflecting failure of customs department in performing anti-smuggling activities at the

Published 27 Sep, 2007 12:00am

Provisionally listed companies

Provisional companies listed in Karachi Stock Exchange.

Published 27 Sep, 2007 12:00am

Massive smuggling of essentials to Iran detected

The Directorate General of Intelligence and Investigation, Customs and Excise, Islamabad, has detected massive smuggling of rice, beans and other commodities to Iran, reflecting failure of customs department in performing anti-smuggling activities at the

Published 27 Sep, 2007 12:00am

Last date of renunciation/payment

Last dates of renunciation/payment.

Published 27 Sep, 2007 12:00am

Lack of funds causes failure of anti-mealy bug project

The government has failed to rescue the cotton crop facing mealy bug attack in various districts as the development project aimed at controlling the outbreak is without any funding for the last around six months, sources told Business Recorder.

Published 27 Sep, 2007 12:00am

Shares buy-back schedule

Shares buy-back schedule of listed companies on Wednesday (September 26, 2007).

Published 27 Sep, 2007 12:00am

Lack of funds causes failure of anti-mealy bug project

The government has failed to rescue the cotton crop facing mealy bug attack in various districts as the development project aimed at controlling the outbreak is without any funding for the last around six months, sources told Business Recorder.

Published 27 Sep, 2007 12:00am

Dividend/Bonus Announcements

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

Published 27 Sep, 2007 12:00am

Companies under suspension

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

Published 27 Sep, 2007 12:00am

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 27 Sep, 2007 12:00am

SP, two guards gunned down

Superintendent of Police Sayed Sheriyar and his two guards were killed at Smangli Road here on Wednesday night when unknown persons opened fire on their car, according to Aaj TV channel. All three bodies have been taken to the hospital. The police

Published 27 Sep, 2007 12:00am

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 27 Sep, 2007 12:00am

SP, two guards gunned down

Superintendent of Police Sayed Sheriyar and his two guards were killed at Smangli Road here on Wednesday night when unknown persons opened fire on their car, according to Aaj TV channel. All three bodies have been taken to the hospital. The police

Published 27 Sep, 2007 12:00am

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 27 Sep, 2007 12:00am

'Peshawar-Islamabad Motorway to be operational from next month'

The Peshawar-Islamabad Motorway would be completed by the end of the current calendar year in all respect, however, it would be made operational for traffic from next month.

Published 27 Sep, 2007 12:00am

Despatch of dividend warrants

Dates of despatch of dividend warrants and bonus share certificates.

Published 27 Sep, 2007 12:00am

Government urged to allow tax-free import of LPG

LPG Distributors' Association Pakistan Chairman Abdul Hadi Khan has demanded of the government to allow tax-free import of liquefied petroleum gas to discourage the vested interests responsible for artificial shortage of this alternate fuel.

Published 27 Sep, 2007 12:00am

BRIndex30 and BR Sectoral Indices

BRIndex30 and BR Sectoral Indices on Wednesday (September 26, 2007).

Published 27 Sep, 2007 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 65,166 tonnes cargo including 42,129 tonnes import, 23,037 tonnes export cargo and 3,999 containers (TEUs) during last 24 hours ending at 0700 hours on Wednesday.

Published 27 Sep, 2007 12:00am

Firm dinar not long-term plus: Deputy Serb Prime Minister

A strong dinar is not in the economy's best interest over the longer term and policy should be aimed at gradually weakening the currency, Deputy Prime Minister Bozidar Djelic said on Tuesday. The dinar hit a 33-month high on Monday and further extended ga

Published 27 Sep, 2007 12:00am

Saudi budget surplus hits record

Oil powerhouse Saudi Arabia announced on Wednesday a record budget surplus of more than 77 billion dollars for 2006 thanks to surging crude prices. The surplus of 290 billion riyals (77.5 billion dollars), unveiled in the central bank's annual report, com

Published 27 Sep, 2007 12:00am

Brazil central government primary surplus narrows

Brazil's central government primary budget surplus slumped to 3.55 billion reais ($1.91 billion) in August from 5.15 billion reais in July, the National Treasury said on Tuesday. The surplus also narrowed from 6.27 billion reais in August of last year.

Published 27 Sep, 2007 12:00am

Turk cement to boost coal imports 30 percent by 2008 end

Turkey's cement producers will import 30 percent more coal by the end of next year compared with 2006, concrete maker Cimpor Yibitas' chief coal purchaser for Turkey told Reuters.

Published 27 Sep, 2007 12:00am

New boss Cassani to run tighter ship at Vueling

Barbara Cassani's first job as Vueling chairwoman is to sharpen up the Spanish airline's financial management to drag it into profit, she said on Tuesday as she stepped into her new job.

Published 27 Sep, 2007 12:00am

Power sales key for Manila energy spot market

The Philippines should sell its state power assets swiftly if it wants to see a faster drop in power prices, allowing it to attract more investors, the operator of its power spot market said on Tuesday.

Published 27 Sep, 2007 12:00am

Spain trade deficit jumps 21 percent

Spain's trade deficit rose 20.7 percent year-on-year in July as exports of machinery and electrical goods were hurt by a strong euro and outweighed by imports to drive the fast-growing economy. The trade gap, chief source of Spain's swelling current accou

Published 27 Sep, 2007 12:00am

TietoEnator chief executive optimistic on price hikes

The head of Nordic IT services firm TietoEnator said on Tuesday he was more optimistic about opportunities to raise prices than he was 12 months ago at the start of the previous round of annual price talks.

Published 27 Sep, 2007 12:00am

China approves $13.3 billion in new corporate bonds

China's economic planning agency has approved the issuance of 99.5 billion yuan ($13.3 billion) in new bonds by non-listed firms, bringing the total quota for this year to almost 200 billion yuan, state media reported on Wednesday.

Published 27 Sep, 2007 12:00am

China approves $13.3 billion in new corporate bonds

China's economic planning agency has approved the issuance of 99.5 billion yuan ($13.3 billion) in new bonds by non-listed firms, bringing the total quota for this year to almost 200 billion yuan, state media reported on Wednesday.

Published 27 Sep, 2007 12:00am

Adecco chief executive sees strong demand in Germany

Switzerland's Adecco sees strong demand for employment services in Germany through to the end of 2007, despite signals that Europe's largest economy is headed for a slowdown, the group's chief told Reuters.

Published 27 Sep, 2007 12:00am

Bank of Canada sounds note of caution on C$ surge

Bank of Canada Governor David Dodge sounded a note of caution on Tuesday about the Canadian dollar's surge to parity with the US dollar, saying the central bank would have to examine the currency's effect on the economy when setting interest rates.

Published 27 Sep, 2007 12:00am

Beauty China sees dip in third quarter profit growth

Beauty China Holdings, which sells cosmetics and skin-care products in China, said on Tuesday third quarter profit growth may dip below the 30 percent rate seen in the first half of 2007 due to higher costs.

Published 27 Sep, 2007 12:00am

Beauty China sees dip in third quarter profit growth

Beauty China Holdings, which sells cosmetics and skin-care products in China, said on Tuesday third quarter profit growth may dip below the 30 percent rate seen in the first half of 2007 due to higher costs.

Published 27 Sep, 2007 12:00am

Italy's Aeffe sees rise in revenues, eyes perfumes

Fashion holding company Aeffe, which made its market debut in July, forecasts a 10 percent rise in 2007 revenues and double-digit growth in core profit as it increases it brands and licences, its chairman said on Tuesday.

Published 27 Sep, 2007 12:00am

Italy's Aeffe sees rise in revenues, eyes perfumes

Fashion holding company Aeffe, which made its market debut in July, forecasts a 10 percent rise in 2007 revenues and double-digit growth in core profit as it increases it brands and licences, its chairman said on Tuesday.

Published 27 Sep, 2007 12:00am

Kazakhstan allows government to break oil contracts

Kazakhstan passed a law on Wednesday allowing the government to break contracts with foreign companies, alarming investors and raising the stakes in its row with an Italian-led group developing a huge oilfield.

Published 27 Sep, 2007 12:00am

ECB pumps $70 billion

The European Central Bank said Wednesday it would inject 50 billion euros (70 billion dollars) into euro money markets via a regular long-term liquidity tender. The ECB made the cash available for 84 days at a marginal or lowest rate of 4.50 percent and a

Published 27 Sep, 2007 12:00am

UK economy grows briskly in second quarter

The British economy grew slightly faster than previously estimated in the first half of 2007, but the global credit crunch could start to slow things down and spur the Bank of England into cutting interest rates. The Office for National Statistics confirm

Published 27 Sep, 2007 12:00am

Japan's trade surplus nearly quadruples

Japan said Wednesday its trade surplus nearly quadrupled in August, marking the biggest increase in 24 years thanks to fast-growing exports to the rest of Asia and Europe.

Published 27 Sep, 2007 12:00am

China cutting business barriers: World Bank

China has become a leader in tearing down barriers to business, a report from an arm of the World Bank said Wednesday. The world's fourth-largest economy has been "a standout in regulatory reform," the International Finance Corporation (IFC) said in its D

Published 27 Sep, 2007 12:00am

Singapore top paradise for business: World Bank

Singapore once again topped the World Bank's ranks for the best place in the world to do business, and Egypt is the leader in reforms to invite more business, the World Bank said Tuesday. "For the second year running, Singapore tops the aggregate rankings

Published 27 Sep, 2007 12:00am

WTO homes in on market access, no consensus

Negotiators homed in on divisive market access issues in recent world trade talks, a senior US trade official said on Tuesday, as signals from leading nations fanned hopes for the troubled Doha round.

Published 27 Sep, 2007 12:00am

Airlines fall short on service: US watchdog

US airlines have not lived up to their commitment in 2000 to develop plans for ensuring passenger comfort and convenience during long ground delays, a government watchdog said late on Tuesday.

Published 27 Sep, 2007 12:00am

Qatar Airways celebrates launch of Nagpur destination

Qatar Airways on Wednesday celebrated the launch of scheduled flights to the central Indian city of Nagpur marking the airline's seventh destination in India, says a press released issued here on Wednesday.

Published 27 Sep, 2007 12:00am

US durables drop sharpest since January

New orders for costly US-made manufactured goods dropped at the sharpest rate in seven months during August, according to a government report which added to signs growth was slowing in the third quarter. Durable goods orders overall plummeted 4.9 percent

Published 27 Sep, 2007 12:00am

Sarkozy's first budget unveiled in 'bankrupt' France

President Nicolas Sarkozy's government on Wednesday unveiled its first budget since taking office, with state spending under scrutiny after the prime minister warned that France was bankrupt.

Published 27 Sep, 2007 12:00am

General Motors reaches tentative deal with striking US workers

General Motors Corp has reached a tentative deal with striking workers who shut down 80 plants across the United States, union and company officials said Wednesday. More than 73,000 United Auto Workers members walked off the job Monday morning after contr

Published 27 Sep, 2007 12:00am

World supply squeeze may lift Indian cotton sales

India's cotton trade will enjoy a windfall in the new season as the country's exporters anticipate a longer queue of overseas buyers because of supply shortfalls in other leading producing nations.

Published 27 Sep, 2007 12:00am

New York sugar down

Raw sugar futures closed softer on Tuesday on late speculative sales and spread business as players eyed expiration of the spot October contract at the end of this week, brokers said. ICE Futures open-outcry March sugar contract settled off 0.04 cent at 1

Published 27 Sep, 2007 12:00am

Indian sugar up

Indian sugar futures rose on Wednesday in anticipation of little carry-forward stock for the coming month when demand usuaally rises on festival demand The government, which controls sugar trade in India, had allowed millers to sell 1.3 million tonnes in

Published 27 Sep, 2007 12:00am

Malaysian palm oil futures down

Malaysian crude palm oil futures fell two percent on Wednesday as players booked profits after a sharp rise this week, traders said. The most active December contract on the Bursa Malaysia Derivatives Exchange fell as much as 58 ringgit, or 2.2 percent, t

Published 27 Sep, 2007 12:00am

CBOT rice easier

Chicago Board of Trade rice futures closed lower on Tuesday, taking a breather from its month-long climb that pushed prices to a 10-year top, traders said. The market hit a double top on Monday of $11.55 the highest price for a spot contact since 1997. Fa

Published 27 Sep, 2007 12:00am

Vietnamese rice: high domestic prices hurt exports

High domestic prices in southern Vietnam have caused the country to lose a tender in Indonesia to trading firms that sell Thai grain, traders said on Wednesday. Indonesian state procurement agency Bulog said it bought 50,000 tonnes of Thai 5-percent broke

Published 27 Sep, 2007 12:00am

China to sell 200,000 tonnes of state vegetable oils reserves

China will sell 200,000 tonnes of vegetable oils from state reserves in an auction on Friday to boost supplies and cap rising food prices ahead of the week-long National Day holiday. The government has said it would release corn, vegetable oils and pork f

Published 27 Sep, 2007 12:00am

Kenyan coffee prices hit new high

The average price of Kenyan coffee hit a new high at this week's auction as prices followed those in New York, exporters said. The average price per 50-kg bag shot up to $136.91 per 50-kg bag from $129.23 at the previous auction, which had been the highes

Published 27 Sep, 2007 12:00am

Oil ekes gains after falling below $80

Oil prices crept up on Wednesday after three days of losses, with traders looking toward data expected to show a further decline in US crude stocks. US crude for November delivery edged up 22 cents to $79.75 a barrel, while London Brent crude gained 22 ce

Published 27 Sep, 2007 12:00am

Asian physical rubber prices

Asian physical rubber prices were unchanged on Wednesday despite small gains for futures prices on the Tokyo Commodity Exchange and for raw material prices. Producers and exporters could not raise their offers, as higher prices would keep buyers on the si

Published 27 Sep, 2007 12:00am

Helicopter scam: Prime Minister Secretariat reluctant to recover $3.268 million

The Prime Minister Secretariat is said to be reluctant to recover $3.268 million in the notorious helicopter case of Benazir Bhutto's second term, from the legal heirs of Malik Allah Yar Khan (late), bother-in-law of former President Farooq Ahmed Khan Leg

Published 27 Sep, 2007 12:00am

Malaysian tin dips

Malaysian tin slipped on Wednesday as a decline in London Metal Exchange prices and higher supplies weighed on the market, one dealer said.

Published 27 Sep, 2007 12:00am

Helicopter scam: Prime Minister Secretariat reluctant to recover $3.268 million

The Prime Minister Secretariat is said to be reluctant to recover $3.268 million in the notorious helicopter case of Benazir Bhutto's second term, from the legal heirs of Malik Allah Yar Khan (late), bother-in-law of former President Farooq Ahmed Khan Leg

Published 27 Sep, 2007 12:00am

Gold rebounds on record-low dollar

Gold firmed on Wednesday as the US dollar hit a record low against the euro, while bargain hunters lifted the most active contract in Tokyo futures. Spot gold rose to $732.10/732.90 an ounce from $730.40/731.20 late in New York on Tuesday, when it dropped

Published 27 Sep, 2007 12:00am

Government demand for cut in LPG prices rejected

The producers and distributors have rejected the government demand for revising downward liquefied petroleum gas (LPG) prices, reminding that the increase was the outcome of its own flawed policy.

Published 27 Sep, 2007 12:00am

US gold softens

New York gold futures ended floor trade slightly lower on Tuesday after bulls took profits on last week's run to 28-year highs, and traders said the rally needed a breather. The December gold contract on the Comex division of the New York Mercantile Excha

Published 27 Sep, 2007 12:00am

Government demand for cut in LPG prices rejected

The producers and distributors have rejected the government demand for revising downward liquefied petroleum gas (LPG) prices, reminding that the increase was the outcome of its own flawed policy.

Published 27 Sep, 2007 12:00am

US copper down

US copper futures ended with modest losses on Tuesday, succumbing to across-the-board profit-taking losses in the broader metals complex, traders said. "After the moves we have seen in some of these markets gold hitting 28-year highs, silver up sharply, a

Published 27 Sep, 2007 12:00am

Government demand for cut in LPG prices rejected

The producers and distributors have rejected the government demand for revising downward liquefied petroleum gas (LPG) prices, reminding that the increase was the outcome of its own flawed policy.

Published 27 Sep, 2007 12:00am

Tokyo rubber nears eight-week high

Tokyo rubber futures rose to near an eight-week high on Wednesday boosted by a fall in supplies. The benchmark rubber contract on the Tokyo Commodity Exchange for March delivery rose 1.9 yen, or 0.7 percent, to settle at 261.4 yen ($2.28) per kg, the high

Published 27 Sep, 2007 12:00am

Pakistan down on corruption index

Corruption has toppled by mere 0.2 Corruption Perceptions Index (CPI) points in Pakistan during current year and jumped to 138 from 147 position with 2.4 CPI points. This was stated by Adil Gilani, Chairman, Transparency International (TI), at a press con

Published 27 Sep, 2007 12:00am

Shanghai copper lower

Copper prices in Shanghai fell nearly 1 percent on Wednesday as consumers were leery of buying at high prices, while London futures stalled around $8,000 a tonne. The Shanghai Futures Exchange December copper contract, the most active, fell 610 yuan to 67

Published 27 Sep, 2007 12:00am

Pakistan down on corruption index

Corruption has toppled by mere 0.2 Corruption Perceptions Index (CPI) points in Pakistan during current year and jumped to 138 from 147 position with 2.4 CPI points. This was stated by Adil Gilani, Chairman, Transparency International (TI), at a press con

Published 27 Sep, 2007 12:00am

Spring wheat hits all-time high

Spring wheat futures on the Minneapolis Grain Exchange climbed to all-time highs on Tuesday on export demand and concerns about Australia's wheat crop, but settled off the day's peaks, traders said. A short-covering rally in Chicago Board of Trade wheat l

Published 27 Sep, 2007 12:00am

UNSC opens emergency talks on Myanmar turmoil

The UN Security Council kicked off emergency talks Wednesday on the deadly clashes between security forces and anti-government protesters in Myanmar. The session called by European members of the 15-state council began shortly after 3:00 pm (1900 GMT) to

Published 27 Sep, 2007 12:00am

New York coffee futures end firm

Arabica coffee futures trading in the ICE Futures US pit finished firm but well off the highs on Tuesday, after touching a 2-1/2-year peak buoyed by a flood of fund buying, traders said. "Fund buying again took prices up. You have no consensus from the fo

Published 27 Sep, 2007 12:00am

Duty on CNG regulator import exempted

The Federal Board of Revenue (FBR) has exempted customs duty on the import of compressed natural gas (CNG) regulators, their components and raw materials required for diaphram/regulator diaphragms, in CKD kit used in the manufacture of CNG kits.

Published 27 Sep, 2007 12:00am

Cocoa ends at nine-week high

US cocoa settled at a nine-week high on Tuesday, in a sustained rally buoyed by short-covering and fund buying, traders said. "The funds have been very good buyers of it in here. The trade is doing a fair amount of short covering.

Published 27 Sep, 2007 12:00am

Currency	Rate
USD PKR Interbank Selling / May 9	281.75
USD PKR Interbank Buying / May 9	281.50
USD to Japanese Yen / May 9	145.37
USD to Swiss Franc / May 9	0.83
Pound Sterling to USD / May 9	1.33
Euro to USD / May 9	1.12
UK LIBOR % / May 9	4.96

Stock	Volume
S&P 500 / May 9	5,659.91
India Sensex / May 9	79,454.47
Tokyo Nikkei / May 9	37,503.33
Nasdaq / May 9	17,928.92
Hang Seng / May 9	22,867.74
FTSE 100 / May 9	8,554.80
Dow Jones / May 9	41,249.38
Germany DAX 30 / May 9	23,499.32
France CAC40 / May 9	7,743.75

Item	Value
Crude Oil USD/Barrel / May 9	61.02
Karachi Cotton PKR/37.32 KG / May 9	16,985
Gold 10 Grams PKR / May 9	300,840
Gold Spot USD/Ounce / May 9	3,324.98
Cotton US¢/pound / May 9	66.61
Petrol/Litre / May 12	252.63
Diesel/Litre / May 12	256.64

Stock	Price
First AL-Noor Mod. / May 9 First Al-Noor Modaraba(FANM)	3 ▲ 0.67 (28.76%)
Premier Insurance / May 9 Premier Insurance Limited(PINL)	5.15 ▲ 0.72 (16.25%)
Escorts Bank / May 9 Escorts Investment Bank Limited(ESBL)	5.98 ▲ 0.83 (16.12%)
Parmount Sp. / May 9 Paramount Spinning Mills Limited(PASM)	3.22 ▲ 0.41 (14.59%)
UDL International / May 9 UDL International Limited(UDLI)	7.10 ▲ 0.85 (13.6%)
Abdullah Shah / May 9 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	5.44 ▲ 0.65 (13.57%)
Chenab Ltd (Pref) / May 9 Chenab Limited (Pref)(CLCPS)	2.05 ▲ 0.23 (12.64%)
LSE Capital / May 9 LSE Capital Limited(LSECL)	4.39 ▲ 0.48 (12.28%)
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	6.42 ▲ 0.7 (12.24%)
D.S. Ind. Ltd. / May 9 D.S. Industries Limited(DSIL)	3.90 ▲ 0.41 (11.75%)

Stock	Price
Cyan Limited / May 9 Cyan Limited(CYAN)	27.05 ▼ -5.03 (-15.68%)
Burj Clean Energy Modaraba / May 9 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.11 ▼ -1 (-12.33%)
Universal Ins. / May 9 The Universal Insurance Company Limited(UVIC)	8.25 ▼ -1 (-10.81%)
Sally Textile / May 9 Sally Textile Mills Limited(SLYT)	7.14 ▼ -0.86 (-10.75%)
Jubilee Spinning / May 9 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	8.43 ▼ -0.95 (-10.13%)
At-Tahur Ltd. / May 9 At-Tahur Limited(PREMA)	42.57 ▼ -4.73 (-10%)
Khyber Tobacco / May 9 Khyber Tobacco Company Limited(KHTC)	342.26 ▼ -38.03 (-10%)
Dewan Mushtaq / May 9 Dewan Mushtaq Textile Mills Limited(DMTM)	9.29 ▼ -1.03 (-9.98%)
PIA Holding Co.Ltd / May 9 PIA Holding Company Limited(PIAHCLA)	12.23 ▼ -1.35 (-9.94%)
First Elite Cap.Mod / May 9 First Elite Capital Modaraba(FECM)	18.44 ▼ -2 (-9.78%)

Stock	Volume
WorldCall Telecom / May 9 Worldcall Telecom Limited(WTL)	47,087,025 ▲ 0.06
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	33,590,475 ▲ 0.7
Sui South Gas / May 9 Sui Southern Gas Company Limited(SSGC)	29,288,646 ▼ -1.53
B.O.Punjab / May 9 The Bank of Punjab(BOP)	18,310,598 ▲ 0.44
Pak Refinery / May 9 Pakistan Refinery Limited(PRL)	15,347,121 ▲ 0.3
PIA Holding Co.Ltd / May 9 PIA Holding Company Limited(PIAHCLA)	14,961,675 ▼ -1.35
Sui North Gas / May 9 Sui Northern Gas Pipelines Limited(SNGP)	14,847,660 ▲ 5.69
K-Electric Ltd. / May 9 K-Electric Limited(KEL)	14,463,181 ▲ 0.09
Maple Leaf Cement / May 9 Maple Leaf Cement Factory Limited(MLCF)	13,544,491 ▲ 2.45
Kohinoor Spining / May 9 Kohinoor Spinning Mills Limited(KOSM)	13,517,642 ▲ 0.05

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