News Archives for Print - 2007-10-07

Seminar on 'Muslim Extremism and Islam' on October 8

Amid growing extremist tendencies in the name of religion in certain parts of the country and in the general public interest, SDPI will organise a seminar on 'Muslim Extremism and Islam' on Monday.

Published 07 Oct, 2007 12:00am

No-trust motion against NWFP Assembly Speaker

In the backdrop of the growing differences between Jamaat-i-Islami (JI) and the JUI-F, the two major components of the Muttahida Majlis-i-Amal (MMA), the latter on Saturday filed a no-confidence motion against the NWFP Assembly Speaker.

Published 07 Oct, 2007 12:00am

Abdullah asks officials to explain rising prices

Saudi Arabia's King Abdullah has summoned the interior minister and provincial governors to explain rising inflation, which hit a seven-year high in August, Saudi media reported.

Published 07 Oct, 2007 12:00am

Saudi Arabia launches fatwa site

The highest religious authority of Saudi Arabia has launched an official website for fatwas or religious edicts recently. The site www.alifta.com aims at providing "quick access to fatwas," says a spokesman of the committee for research and edicts, affili

Published 07 Oct, 2007 12:00am

Uncompetitive prices restrict grape exports to 900 tons

Due to sky-high prices in the local markets Pakistan's grape exports failed to touch the meagre 900 tonnes amounting to 1.1 million dollars. "Growers had fixed the rates so high that we were not able to set competitive prices in the international markets

Published 07 Oct, 2007 12:00am

Uncompetitive prices restrict grape exports to 900 tons

Due to sky-high prices in the local markets Pakistan's grape exports failed to touch the meagre 900 tonnes amounting to 1.1 million dollars. "Growers had fixed the rates so high that we were not able to set competitive prices in the international markets

Published 07 Oct, 2007 12:00am

Uncompetitive prices restrict grape exports to 900 tons

Due to sky-high prices in the local markets Pakistan''s grape exports failed to touch the meagre 900 tonnes amounting to 1.1 million dollars. "Growers had fixed the rates so high that we were not able to set competitive prices in the international markets

Published 07 Oct, 2007 12:00am

Knitwear exports up 8.33 percent

Knitwear exports has gone up by 8.33 percent during the first two months (July-August) of the current fiscal year 2007 as compared to the same period of the 2006 fiscal year, official figures said.

Published 07 Oct, 2007 12:00am

Knitwear exports up 8.33 percent

Knitwear exports has gone up by 8.33 percent during the first two months (July-August) of the current fiscal year 2007 as compared to the same period of the 2006 fiscal year, official figures said.

Published 07 Oct, 2007 12:00am

Knitwear exports up 8.33 percent

Knitwear exports has gone up by 8.33 percent during the first two months (July-August) of the current fiscal year 2007 as compared to the same period of the 2006 fiscal year, official figures said.

Published 07 Oct, 2007 12:00am

Rs five billion loans for dairy farmers

The Zarai Taraqiati Bank Limited (ZTBL) has devised a comprehensive strategy to provide Rs 5 billion credit facility to dairy farmers for dairy sector development with an aim to bring about white revolution in the country.

Published 07 Oct, 2007 12:00am

Rs five billion loans for dairy farmers

The Zarai Taraqiati Bank Limited (ZTBL) has devised a comprehensive strategy to provide Rs 5 billion credit facility to dairy farmers for dairy sector development with an aim to bring about white revolution in the country.

Published 07 Oct, 2007 12:00am

Rs five billion loans for dairy farmers

The Zarai Taraqiati Bank Limited (ZTBL) has devised a comprehensive strategy to provide Rs 5 billion credit facility to dairy farmers for dairy sector development with an aim to bring about white revolution in the country.

Published 07 Oct, 2007 12:00am

Indian industry calls for softer interest rates

Two leading Indian industry lobby groups urged the central bank on Saturday to reduce interest rates to sustain 9.0 percent economic growth. The Confederation of Indian Industry (CII) said in a statement high interest rates were affecting investments.

Published 07 Oct, 2007 12:00am

Indian industry calls for softer interest rates

Two leading Indian industry lobby groups urged the central bank on Saturday to reduce interest rates to sustain 9.0 percent economic growth. The Confederation of Indian Industry (CII) said in a statement high interest rates were affecting investments.

Published 07 Oct, 2007 12:00am

Indian industry calls for softer interest rates

Two leading Indian industry lobby groups urged the central bank on Saturday to reduce interest rates to sustain 9.0 percent economic growth. The Confederation of Indian Industry (CII) said in a statement high interest rates were affecting investments.

Published 07 Oct, 2007 12:00am

APC set on fire in Peshawar

The lawyers on Saturday burnt a police Armed Personal Carrier (APC) after it ran over the legs of Latif Afridi, president Peshawar High Court Bar Association and badly injuring the PHCBA general secretary Ishtiaq Ibrahim who were rushed to hospital for tr

Published 07 Oct, 2007 12:00am

APC set on fire in Peshawar

The lawyers on Saturday burnt a police Armed Personal Carrier (APC) after it ran over the legs of Latif Afridi, president Peshawar High Court Bar Association and badly injuring the PHCBA general secretary Ishtiaq Ibrahim who were rushed to hospital for tr

Published 07 Oct, 2007 12:00am

Only 11,530 retailers file income tax returns

Only 11,530 retailers had filed income tax statements up to October 5, 2007, against 28,989 filed during the same period of last fiscal year, reflecting a huge gap of 17,458 statements.

Published 07 Oct, 2007 12:00am

Only 11,530 retailers file income tax returns

Only 11,530 retailers had filed income tax statements up to October 5, 2007, against 28,989 filed during the same period of last fiscal year, reflecting a huge gap of 17,458 statements.

Published 07 Oct, 2007 12:00am

Only 11,530 retailers file income tax returns

Only 11,530 retailers had filed income tax statements up to October 5, 2007, against 28,989 filed during the same period of last fiscal year, reflecting a huge gap of 17,458 statements.

Published 07 Oct, 2007 12:00am

FBR designs plan to enhance taxmen expertise

The Federal Board of Revenue (FBR) has sketched out a plan to enhance its taxmen expertise in collaboration with foreign consultants by advance sales tax training programmes next year.

Published 07 Oct, 2007 12:00am

FBR designs plan to enhance taxmen expertise

The Federal Board of Revenue (FBR) has sketched out a plan to enhance its taxmen expertise in collaboration with foreign consultants by advance sales tax training programmes next year.

Published 07 Oct, 2007 12:00am

FBR designs plan to enhance taxmen expertise

The Federal Board of Revenue (FBR) has sketched out a plan to enhance its taxmen expertise in collaboration with foreign consultants by advance sales tax training programmes next year.

Published 07 Oct, 2007 12:00am

SECP and LSE agree on draft of demutualisation ordinance

The Securities and Exchange Commission of Pakistan (SECP) and the Board of Directors of Lahore Stock Exchange (LSE) have agreed on the draft of the proposed 'Demutualisation Ordinance' at a meeting held here on Saturday.

Published 07 Oct, 2007 12:00am

SECP and LSE agree on draft of demutualisation ordinance

The Securities and Exchange Commission of Pakistan (SECP) and the Board of Directors of Lahore Stock Exchange (LSE) have agreed on the draft of the proposed 'Demutualisation Ordinance' at a meeting held here on Saturday.

Published 07 Oct, 2007 12:00am

SECP and LSE agree on draft of demutualisation ordinance

The Securities and Exchange Commission of Pakistan (SECP) and the Board of Directors of Lahore Stock Exchange (LSE) have agreed on the draft of the proposed ''Demutualisation Ordinance'' at a meeting held here on Saturday.

Published 07 Oct, 2007 12:00am

Clarification

Apropos a news item 'Khawaja Naveed Ahmed replaces Anwar Mansoor Khan as Sindh Advocate General', carried by Business Recorder on Tuesday, Anwar Mansoor Khan has clarified that the impression given in this report is that a resignation was given at

Published 07 Oct, 2007 12:00am

Clarification

Apropos a news item 'Khawaja Naveed Ahmed replaces Anwar Mansoor Khan as Sindh Advocate General', carried by Business Recorder on Tuesday, Anwar Mansoor Khan has clarified that the impression given in this report is that a resignation was given at

Published 07 Oct, 2007 12:00am

Punjab Assembly: Musharraf bags 253, Wajih 3 votes

Out of the total 257 votes cast in the presidential elections in Punjab Assembly, 253 MPAs voted for President General Musharraf, while three members voted for lawyer fraternity candidate Justice Wajihuddin Ahmed (Retd) and one vote was rejected.

Published 07 Oct, 2007 12:00am

Wajih secures two votes: Sindh Assembly: Musharraf obtains 102 votes

According to simple counting of votes polled in the presidential election on Saturday in a House of 167 members in Sindh Provincial Assembly, only 104 turned up, out of which, General Pervez Musharraf got 102, while Wajihuddin Ahmed got the other two vote

Published 07 Oct, 2007 12:00am

PML-Q takes out rally in Larkana

Pakistan Muslim League (PML-Q) Larkana district Saturday evening took out a big rally of victory in the leadership of PML leaders of Larkana district to congratulate President General Pervez Musharraf on his re-election as president of Pakistan.

Published 07 Oct, 2007 12:00am

31 NWFP MPAs cast vote for Musharraf

Out of total 34 votes cast by members of the NWFP Assembly, President Pervez Musharraf obtained 31 while Justice Wajihuddin Ahmad (Retd) received one and two declared invalid by the presiding officer.

Published 07 Oct, 2007 12:00am

33 votes polled for President

Total of 33 out of 38 votes was cast in the Balochistan assembly during the presidential election on Saturday. All 33 votes were polled in favour of General Pervez Musharraf while no vote was cast for the lawyer's representative, former Justice Wajihuddin

Published 07 Oct, 2007 12:00am

People celebrate victory in Gwadar

Pakistan Muslim League (PML) workers led by senior party leader from the area, Ashraf Iqbal Baloch held a rally to celebrate the re-election of General Pervez Musharraf as President of Pakistan.

Published 07 Oct, 2007 12:00am

NRO to benefit all political parties: PPP

Pakistan Peoples Party leader Shah Mehmood Qureshi has said that the National Reconciliation Ordinance (NRO) is for all political parties not only for the PPP.

Published 07 Oct, 2007 12:00am

APDM organises rallies against re-election

Like in other parts of the country, All Parties Democratic Movement NWFP chapter also took out rallies and staged protest camps at various places in the provincial metropolis against the presidential election.

Published 07 Oct, 2007 12:00am

LHCBA issues notice

A Lahore High Court Bar Association (LHCBA) member has issued a legal notice to President Pervez Musharraf, Prime Minister Shaukat Ali and Mushahid Hussain to promulgate the 2007 National Reconciliation Ordinance (NRO).

Published 07 Oct, 2007 12:00am

NRO challenged

A Lahore High court Bar Association (LHCBA) member has challenged the 2007 National Reconciliation Ordinance (NRO), telling the court to declare it as illegal unconstitutional and promulgated without lawful authority. Petitioner Nasrullah Khan Babar argue

Published 07 Oct, 2007 12:00am

Outgoing generals' services lauded

Outgoing Chairman Joint Chiefs of Staff Committee General Ehsan-ul-Haq and Vice Chief of Army Staff General Ahsan Saleem Hayat paid farewell calls on President General Pervez Musharraf here on Saturday.

Published 07 Oct, 2007 12:00am

Musharraf's re-election constitutional violation: Ahsan

Pakistan Muslim League (N) Information Secretary Ahsan Iqbal has termed re-election of Pervez Musharraf in uniform from the present assemblies as worst example of rigging and violation of constitution.

Published 07 Oct, 2007 12:00am

Presidential poll marred with violence: PML-N

Pakistan Muslim League-Nawaz (PML-N) Finance Secretary Mohammad Pervaiz Malik has said that against the claims of government, the presidential elections were marred with protests, violence, resignations, disintegration of political fabrics and the preside

Published 07 Oct, 2007 12:00am

Wajih surprised over strike call failure

Justice Wajihuddin (Retd) on Saturday expressed surprise over the failure of opposition leadership to make their strike call a success. Talking to a private television channel Wajihuddin said that it is a strange situation and the people of Pakistan are c

Published 07 Oct, 2007 12:00am

Musharraf-PPP deal divides legal fraternity

The 'deal' between General Pervaz Musharraf and Pakistan People Party (PPP), of which the recently promulgated National Reconciliation Ordinance came as an outcome, has not only created hiccup in the political spectrum but also led to rift in ranks of leg

Published 07 Oct, 2007 12:00am

Pemra bans bliss communication network

The field inspection team of Pakistan Electronic Media Regulatory Authority (Pemra) has banned a Cable Television Network namely Bliss Communication Network (BCN) for relaying proscribed/prohibited channels and exclusive in-house CD channels here on Satur

Published 07 Oct, 2007 12:00am

WPF programme for youths

The World Population Foundation (WPF) is organising a two-day "Life skills based education programme: national learning forum. Uniting for change" on October 8 and 9 at a local hotel.

Published 07 Oct, 2007 12:00am

Musharraf's re-election victory of people: Arbab

Sindh Chief Minister Dr Arbab Ghulam Rahim has described the election of Pervez Musharraf as President, the victory of the people as it will help in smooth transfer of power and strengthening of democracy further.

Published 07 Oct, 2007 12:00am

Spiralling price hike hits Eid shopping

As the Eidul Fitr is just around the corner, the shopping spree in the city has geared up and bazaars and shopping centres are becoming crowded and jam-packed, but the spiralling and unabated price hike has shrunk and crippled down the purchasing power of

Published 07 Oct, 2007 12:00am

FROM A RINGSIDE SEAT

Candidate for the President of Pakistan office General Pervez Musharraf received 252 votes at the Senate/National Assembly booth on Saturday. There was never an iota of doubt that Musharraf would not win. Justice Muhammad Farooq the Chief Election Commiss

Published 07 Oct, 2007 12:00am

Private TV channels transmission remained suspended

Television programme of private television channels had been mysteriously suspended in several areas of the Federal Capital on Saturday compelling the weavers to watch government television channel.

Published 07 Oct, 2007 12:00am

Shoaib Akhtar appears before PCB body

Fast bowler Shoaib Akhtar on Saturday appeared before a three-member disciplinary committee in the inquiry he was facing the charge of indiscipline. Shoaib Akhtar gave some documents to the inquiry committee members in his favour.

Published 07 Oct, 2007 12:00am

APDM's strike call fizzles out

The strike call given by APDM completely fizzled out in the industrial city, while partial shutter down strike was observed in few pockets of downtown area against the presidential election on Saturday.

Published 07 Oct, 2007 12:00am

National Foods endorses excellent financial results

The 36th annual general meeting (AGM) held on Friday, of one of the most diversified food companies in the country, National Foods Ltd, endorsed the excellent financial results achieved for the financial year ending June 30. A final cash dividend of Rs tw

Published 07 Oct, 2007 12:00am

National Foods endorses excellent financial results

The 36th annual general meeting (AGM) held on Friday, of one of the most diversified food companies in the country, National Foods Ltd, endorsed the excellent financial results achieved for the financial year ending June 30. A final cash dividend of Rs tw

Published 07 Oct, 2007 12:00am

Minister terms October 6 a historic day

Minister for Inter-Provincial Co-ordination Salim Saifullah Khan has termed October 6 a historic day for the country. Talking to APP here on Saturday he said that the unity and strength of the PML (Q) and its allied parties demonstrated in presidential el

Published 07 Oct, 2007 12:00am

Soomro, Wasim condole with Mirani, Javed Hashmi

Chairman Senate Mohammedmian Soomro has expressed his deep grief and sorrow over the demise of wife of Aftab Shaaban Mirani former Chief Minister Sindh. She died of heart attack in Karachi on Friday.

Published 07 Oct, 2007 12:00am

Plan to set up social security hospitals in Punjab

Provincial government has initiated a well-knitted plan for setting up modern social security hospitals in major industrial towns of the Punjab. Official sources told Business Recorder here on Saturday that these hospitals were being constructed at

Published 07 Oct, 2007 12:00am

Punjab spends Rs 23 billion on health facilities

The Punjab government is spending a huge sum of Rs 23 billion annually to provide medical facilities to the people at their doorstep. Sources in the health department told APP that the incumbent government is focusing on provision of best possible health

Published 07 Oct, 2007 12:00am

Gilani for troop pullout from IHK

Senior Kashmiri Hurriyat leader Syed Ali Gilani has said the ongoing liberation struggle would continue till last Indian occupied soldier leaves occupied Kashmir. Addressing a public gathering in Sopore town, he said occupied Kashmir has been turned into

Published 07 Oct, 2007 12:00am

India urged to release detained Kashmiris

In occupied Kashmir, Jammu and Kashmir People's Movement Chairman Ghulam Ahmed Mir has called upon India to announce unconditional release of all the illegally detained Kashmiris on the eve of Eid-ul-Fitr.

Published 07 Oct, 2007 12:00am

Opposition rejects National Reconciliation Ordinance

Opposition parties belonging to All Parties Democratic Movement (APDM) has demanded that a commission comprising the senior judges should be formed to examine the cases against the politicians who had allegedly plundered the national wealth.

Published 07 Oct, 2007 12:00am

UAF scholar develops value-added food items

Food scientists of National Institute of Food Science & Technology (NIFST), University of Agriculture Faisalabad (UAF), have made significant breakthrough in producing a variety of value-added foods from cereals, meat, milk, fruits and vegetables.

Published 07 Oct, 2007 12:00am

DC orders to ensure flour availability in Islamabad

The Acting Deputy Commissioner (DC), Islamabad, Amir Ali Ahmad has directed the district food controller and flour dealers to ensure abundant flour supply in markets on the eve of Eid-ul-Fitar.

Published 07 Oct, 2007 12:00am

Australian consultants to evaluate citrus, mango projects: PHDEB

Australian consultants would visit Pakistan next month to evaluate ongoing citrus and mango projects here, according to Pakistan Horticulture Development and Export Board (PHDEB). The projects are joint ventures under the Agriculture Sector Linkages Progr

Published 07 Oct, 2007 12:00am

Government fails to control dengue virus in metropolis: PMA

The number of Dengue fever patients is continuously increasing in the city, as nine, out of the 32 suspected cases reported during the last 24 hours, have been confirmed as Dengue patients, sources told Business Recorder on Saturday.

Published 07 Oct, 2007 12:00am

'Revolutionary steps taken for health facilities improvement'

District Nazim Hyderabad Kanwar Naveed Jamil has said that provision of health facilities to the people at their nearest is one of the top priorities of the District government and in this direction revolutionary steps have been initiated for development

Published 07 Oct, 2007 12:00am

OIC urged to resolve Kashmir issue

Former Azad Jammu Kashmir (AJK) Prime Minister and President Peoples Muslim League (PML) Barrister Sultan Mehmood Chaudhry has urged Islamic countries to help resolve the Kashmir issue. He spoke at an iftar dinner hosted by PML leaders of Saudi Arabia in

Published 07 Oct, 2007 12:00am

IMM speculators extend bets versus US dollar

Currency speculators increased positions against the US dollar to the biggest of the year for the second straight week, data from the Commodity Futures Trading Commission showed on Friday. The value of International Monetary Market speculators' net short

Published 07 Oct, 2007 12:00am

Iran re-opens border with Iraq

Iran will re-opens its border with Iraq on Sunday after a two-week closure to protest at the detention of an Iranian by US troops, the semi-official news agency Fars reported.

Published 07 Oct, 2007 12:00am

Thousands march in Baghdad against new US wall

More than a thousand Iraqis marched in west Baghdad on Saturday in a rare public demonstration to protest against a wall they say the US military is planning to erect around their neighbourhood. Carrying an Iraqi national flag and banners condemning the w

Published 07 Oct, 2007 12:00am

Haniya calls on Arabs to boycott peace meeting

Senior Hamas leader and former Palestinian prime minister Ismail Haniya has called on Arab countries to boycott a US-sponsored Middle East peace meeting due to be held next month.

Published 07 Oct, 2007 12:00am

Kenya's opposition launches campaign against Kibaki

Dancing and singing in a Nairobi park, tens of thousands of Kenyans launched the opposition's election campaign on Saturday buoyed by opinion polls putting their leader ahead of President Mwai Kibaki.

Published 07 Oct, 2007 12:00am

Military must be part of solution in Myanmar: Asean

Any peaceful solution to the situation in Myanmar must include the military, the Association of South East Asian Nations has told a UN meeting.

Published 07 Oct, 2007 12:00am

Ariane 5 puts US, Australian satellites into orbit

An Ariane 5 rocket blasted off here on Friday and put into orbit an Australian and US television satellites, Arianespace said. The rocket, the 34rd launch of an Ariane 5 and the fourth this year, lifted off at 2202 GMT and successfully placed both satelli

Published 07 Oct, 2007 12:00am

Suicide attack kills one coalition soldier, five Afghans

A suicide car bomb struck a US-led coalition convoy near the Kabul airport Saturday, killing one soldier and five Afghans in the latest in a string of attacks by the extremist Taliban, officials said.

Published 07 Oct, 2007 12:00am

British Prime Minister 'to rule out early election'

Prime Minister Gordon Brown is expected to end weeks of speculation by announcing he will not call an early general election, reports said Saturday in a move likely to be seized on by opposition parties.

Published 07 Oct, 2007 12:00am

Shoaib Akhtar set to join IPL

Under-fire Pakistani paceman Shoaib Akhtar is set to play for a recognised Indian league next year, saying he has sought permission from Pakistan's cricket authorities. "I have been approached by the Indian Premier League (IPL) and I have applied for perm

Published 07 Oct, 2007 12:00am

Track star Marion Jones admits steroid use

US sprint star Marion Jones finally stopped running from the truth on Friday, admitting she took banned steroids prior to her triumphant 2000 Olympic campaign. The belated confession, after years of vehement doping denials, could see her stripped of the f

Published 07 Oct, 2007 12:00am

Razzano wins Japan Open title

France's Virginie Razzano posted a stunning upset victory over reigning Wimbledon champion Venus Williams to win the women's singles title at the Japan Open tennis tournament on Saturday.

Published 07 Oct, 2007 12:00am

Ronaldo's double sends United top of the table

Cristiano Ronaldo struck twice as Manchester United blew away their goalscoring woes with an emphatic 4-0 victory against Wigan that sent them top of the Premier League on Saturday.

Published 07 Oct, 2007 12:00am

Inzamam swansong could distract Pakistan: Smith

South African captain Graeme Smith said Inzamam-ul-Haq's swansong in international cricket could distract Pakistan in their must-win second Test starting in Lahore on Monday. The tourists are 1-0 up in the two-match series after convincingly beating Pakis

Published 07 Oct, 2007 12:00am

Henin in Stuttgart final

World number one Justine Henin is into the final of Stuttgart's WTA tournament after a marathon tussle with third seed Jelena Jankovic in the best game of the tournament so far. This was the sixth consecutive time this season - and the fourth semi-final -

Published 07 Oct, 2007 12:00am

Taiwan dollar ends flat

The Taiwan dollar held steady on Friday in light trade, as wary investors awaited US jobs data due later in the day and after the central bank intervened in the market earlier in the week. The Taiwan dollar closed at T$32.597 to the US dollar, barely chan

Published 07 Oct, 2007 12:00am

Forex outlook: bearish tone to hold down dollar into next week

Investors will likely keep downward pressure on the dollar next week as worries over the health of the economy linger despite a relatively strong labour market. A raft of economic reports, including minutes of the Federal Reserve's September 18 policy mee

Published 07 Oct, 2007 12:00am

Canadian bond prices fall

The Canadian bond prices took a sharp turn lower on Friday given the upbeat domestic data, while a US jobs report that also topped expectations did little to reverse the negative sentiment on bond prices.

Published 07 Oct, 2007 12:00am

Dubai Ports eyes $3.5 billion IPO by November-end

Dubai government-owned port operator DP World plans to raise as much as $3.5 billion in an initial public offering by the end of next month, the Middle East Economic Digest reported on Saturday.

Published 07 Oct, 2007 12:00am

Dubai Ports eyes $3.5 billion IPO by November-end

Dubai government-owned port operator DP World plans to raise as much as $3.5 billion in an initial public offering by the end of next month, the Middle East Economic Digest reported on Saturday.

Published 07 Oct, 2007 12:00am

European Stocks: retail data, inflation eyed

Strong US jobs data on Friday set the tone for resilience in European equities next week as investors took heart from signs of economic growth, while trading updates from a batch of UK firms will be in focus.

Published 07 Oct, 2007 12:00am

Argentine stocks, bonds gain

Argentine stocks and bonds gained on Friday as interest in emerging markets assets perked up after better-than-expected US jobs data eased fear of a recession in the world's biggest consumer nation. The MerVal index of 25 leading stocks added 1.03 percent

Published 07 Oct, 2007 12:00am

Argentine stocks, bonds gain

Argentine stocks and bonds gained on Friday as interest in emerging markets assets perked up after better-than-expected US jobs data eased fear of a recession in the world's biggest consumer nation. The MerVal index of 25 leading stocks added 1.03 percent

Published 07 Oct, 2007 12:00am

Mexican stocks rally

Mexican stocks rose sharply on Friday after a solid US job report soothed concerns about the outlook for economic growth in the United States, Mexico's top trading partner. The benchmark IPC stock index moved up 1.49 percent to 31,540.94 points, led by a

Published 07 Oct, 2007 12:00am

Toronto stocks jump

The Toronto Stock Exchange's main index jumped more than 100 points on Friday, mirroring Thursday's gain, lifted by soaring shares of Research In Motion (RIM) and better-than-expected jobs data in Canada and the United States. The S&P/TSX composite index

Published 07 Oct, 2007 12:00am

Dow and S&P rise to all-time highs

The Dow and the S&P 500 surged to all-time highs on Friday after a solid employment report rekindled optimism about the US economy and corporate profits. The economy added more jobs in September than economists had expected, while an earlier estimate of j

Published 07 Oct, 2007 12:00am

Dollar falls, unable to shake gloom

The dollar fell on Friday as a solid US employment report was not enough to convince investors the US economy is growing fast enough to keep the Federal Reserve from cutting interest rates again. The greenback rose sharply after the data showed September

Published 07 Oct, 2007 12:00am

Currency	Rate
USD PKR Interbank Selling / Apr 25	281.17
USD PKR Interbank Buying / Apr 25	280.97
USD to Japanese Yen / Apr 25	143.67
USD to Swiss Franc / Apr 25	0.83
Pound Sterling to USD / Apr 25	1.33
Euro to USD / Apr 25	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 25	5,525.21
India Sensex / Apr 25	79,212.53
Tokyo Nikkei / Apr 25	35,705.74
Nasdaq / Apr 25	17,382.94
Hang Seng / Apr 25	21,980.74
FTSE 100 / Apr 25	8,415.25
Dow Jones / Apr 25	40,113.50
Germany DAX 30 / Apr 25	22,242.45
France CAC40 / Apr 25	7,536.26

Item	Value
Crude Oil USD/Barrel / Apr 25	63.17
Karachi Cotton PKR/37.32 KG / Apr 25	16,985
Gold 10 Grams PKR / Apr 25	298,950
Gold Spot USD/Ounce / Apr 25	3,327.60
Cotton US¢/pound / Apr 25	68.80
Petrol/Litre / Apr 27	254.63
Diesel/Litre / Apr 27	258.64

Stock	Price
First Capital Equities / Apr 25 First Capital Equities Limited(FCEL)	4.92 ▲ 0.96 (24.24%)
PICIC Ins.Ltd. / Apr 25 PICIC Insurance Limited(PIL)	3.14 ▲ 0.5 (18.94%)
Dewan Mushtaq / Apr 25 Dewan Mushtaq Textile Mills Limited(DMTM)	7.99 ▲ 1 (14.31%)
Pak. P.V.C. / Apr 25 Pakistan PVC Limited(PPVC)	8.26 ▲ 1 (13.77%)
J.K.Spinning / Apr 25 J.K. Spinning Mills Limited(JKSM)	61.90 ▲ 5.63 (10.01%)
At-Tahur Ltd. / Apr 25 At-Tahur Limited(PREMA)	86.74 ▲ 7.89 (10.01%)
Shezan Inter. / Apr 25 Shezan International Limited(SHEZ)	203.03 ▲ 18.46 (10%)
Sunrays Textile / Apr 25 Sunrays Textile Mills Limited(SUTM)	156.38 ▲ 14.22 (10%)
PIA Holding Co.B / Apr 25 PIA Holding Company Limited B(PIAHCLB)	3,282.29 ▲ 298.39 (10%)
S.S.Oil / Apr 25 S.S.Oil Mills Limited(SSOM)	357.05 ▲ 32.46 (10%)

Stock	Price
Engro Powergen / Apr 25 Engro Powergen Qadirpur Limited(EPQL)	28.71 ▼ -10.13 (-26.08%)
Ghani Chemworld / Apr 25 Ghani Chemworld Limited(GCWL)	8 ▼ -1 (-11.11%)
Samba Bank / Apr 25 Samba Bank Limited(SBL)	8.01 ▼ -0.99 (-11%)
Arpak Int. / Apr 25 Arpak International Investments Ltd.(ARPAK)	56.66 ▼ -6.29 (-9.99%)
Blue-Ex Ltd / Apr 25 Blue-Ex Limited (GEM)(GEMBLUEX)	47.38 ▼ -5.26 (-9.99%)
Saif Power Ltd. / Apr 25 Saif Power Limited(SPWL)	12.31 ▼ -1.3 (-9.55%)
Shaheen Ins. / Apr 25 Shaheen Insurance Company Limited(SHNI)	5.25 ▼ -0.46 (-8.06%)
Equity Modaraba / Apr 25 First Equity Modaraba(FEM)	2.75 ▼ -0.24 (-8.03%)
GlaxoSmithKline / Apr 25 GlaxoSmithKline Pakistan Limited(GLAXO)	409.57 ▼ -34.89 (-7.85%)
AKD Hospitality / Apr 25 AKD Hospitality Limited(AKDHL)	136.65 ▼ -10.81 (-7.33%)

Stock	Volume
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	22,789,497 ▼ -0.02
Power Cement / Apr 25 Power Cement Limited(POWER)	21,965,614 ▼ -0.17
Sui South Gas / Apr 25 Sui Southern Gas Company Limited(SSGC)	21,567,163 ▼ -0.56
B.O.Punjab / Apr 25 The Bank of Punjab(BOP)	19,825,526 ▼ -0.08
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	17,030,953 ▼ -0.04
Aisha Steel Mill / Apr 25 Aisha Steel Mills Limited(ASL)	16,751,796 ▲ 0.59
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	16,717,262 ▼ -0.17
Pak Int.Bulk / Apr 25 Pakistan International Bulk Terminal(PIBTL)	16,382,803 ▲ 0.14
Sui North Gas / Apr 25 Sui Northern Gas Pipelines Limited(SNGP)	13,338,455 ▲ 0.33
Secure Logistics / Apr 25 Secure Logistics Group Limited(SLGL)	12,723,116 ▲ 1.13

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