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Print - 2007-10-23
THE RUPEE: dollar inches up in interbank deals

THE RUPEE: dollar inches up in interbank deals

The rupee fell slightly against dollar in the interbank market on Monday due to strong demand for the greenback, dealers said. The rupee was two paisa lower against dollar at Rs 60.64, Rs 60.65 for buying and selling respectively, in process of trading, t
Published 23 Oct, 2007 12:00am
Banks borrowing up 83 percent in first quarter

Banks borrowing up 83 percent in first quarter

The government is more relying on the banking sector borrowing for budgetary support due to below the target revenue collection during the first quarter of current fiscal, besides slow privatisation process.
Published 23 Oct, 2007 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Monday (October 22, 2007).

Published 23 Oct, 2007 12:00am
Banks borrowing up 83 percent in first quarter

Banks borrowing up 83 percent in first quarter

The government is more relying on the banking sector borrowing for budgetary support due to below the target revenue collection during the first quarter of current fiscal, besides slow privatisation process.
Published 23 Oct, 2007 12:00am
Banks borrowing up 83 percent in first quarter

Banks borrowing up 83 percent in first quarter

The government is more relying on the banking sector borrowing for budgetary support due to below the target revenue collection during the first quarter of current fiscal, besides slow privatisation process.
Published 23 Oct, 2007 12:00am
Pakistan and India renew anti-terror steps

Pakistan and India renew anti-terror steps

Indian and Pakistani officials on Monday exchanged intelligence on the latest terrorist incidents to hit the countries and discussed anti-terror measures, the foreign ministry said. The South Asian neighbours met under a peace process that in March saw th
Published 23 Oct, 2007 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 23 Oct, 2007 12:00am
South Korea condemns Karachi blasts

South Korea condemns Karachi blasts

South Korea on Monday condemned the terrorist bombing at a procession of former Prime Minister, Benazir Bhutto in Karachi on October 19. In a message issued by Korea's Ministry of Foreign Affairs and Trade, the Korean government expressed deep condolences
Published 23 Oct, 2007 12:00am
Board meetings in progress

Board meetings in progress

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

Published 23 Oct, 2007 12:00am
Non-binding statement: UNSC slams suicide bombings

Non-binding statement: UNSC slams suicide bombings

The UN Security Council on Monday strongly condemned last week's suicide bombings that targeted Benazir Bhutto in Karachi and urged all states to help bring the perpetrators to justice.
Published 23 Oct, 2007 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 23 Oct, 2007 12:00am
Non-binding statement: UNSC slams suicide bombings

Non-binding statement: UNSC slams suicide bombings

The UN Security Council on Monday strongly condemned last week's suicide bombings that targeted Benazir Bhutto in Karachi and urged all states to help bring the perpetrators to justice.
Published 23 Oct, 2007 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 23 Oct, 2007 12:00am
Hu Jintao to lead China for five more years

Hu Jintao to lead China for five more years

Chinese President Hu Jintao was on Monday named as head of the ruling Communist Party for a second term, an endorsement for him to lead the country for five more years. Hu, 64, was named as party general secretary and head of the elite Standing Committee
Published 23 Oct, 2007 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Wednesday (October 10, 2007).

Published 23 Oct, 2007 12:00am
Hu Jintao to lead China for five more years

Hu Jintao to lead China for five more years

Chinese President Hu Jintao was on Monday named as head of the ruling Communist Party for a second term, an endorsement for him to lead the country for five more years. Hu, 64, was named as party general secretary and head of the elite Standing Committee
Published 23 Oct, 2007 12:00am
Secretaries'' panel to finalise wheat import modalities

Secretaries'' panel to finalise wheat import modalities

The Ministry of Food, Agriculture and Livestock (Minfal) will hold the secretaries committee meeting within the next two days to finalise the modalities of import of 0.4 million tons of wheat.
Published 23 Oct, 2007 12:00am
Secretaries' panel to finalise wheat import modalities

Secretaries' panel to finalise wheat import modalities

The Ministry of Food, Agriculture and Livestock (Minfal) will hold the secretaries committee meeting within the next two days to finalise the modalities of import of 0.4 million tons of wheat.
Published 23 Oct, 2007 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 23 Oct, 2007 12:00am
Secretaries' panel to finalise wheat import modalities

Secretaries' panel to finalise wheat import modalities

The Ministry of Food, Agriculture and Livestock (Minfal) will hold the secretaries committee meeting within the next two days to finalise the modalities of import of 0.4 million tons of wheat.
Published 23 Oct, 2007 12:00am
TDAP to exploit export potentials of pharmaceutical sector

TDAP to exploit export potentials of pharmaceutical sector

The Trade Development Authority of Pakistan (TDAP) will develop the web portals of exporters, promote marketing through internet and exploit the export potentials of pharmaceutical sector. This was decided in a meeting, minutes of which were made availabl
Published 23 Oct, 2007 12:00am
People's living standard improved: Prime Minister

People's living standard improved: Prime Minister

Prime Minister Shaukat Aziz has said that the economy of Pakistan has strengthened and standard of living of the people risen due to government policies of the last eight years. In an interview to a foreign news channel on Monday, he deliberated on the po
Published 23 Oct, 2007 12:00am
Equities settle in negative zone on LSE

Equities settle in negative zone on LSE

Equities moved both ways on the Lahore Stock Exchange (LSE) and finally settled in a negative zone amid an ascending transaction volume on panic selling while small investors remained on the sidelines. The LSE-25 index fell down by 203.84 points to close
Published 23 Oct, 2007 12:00am
Equities settle in negative zone on LSE

Equities settle in negative zone on LSE

Equities moved both ways on the Lahore Stock Exchange (LSE) and finally settled in a negative zone amid an ascending transaction volume on panic selling while small investors remained on the sidelines. The LSE-25 index fell down by 203.84 points to close
Published 23 Oct, 2007 12:00am
ISE index gains 156.36 points

ISE index gains 156.36 points

Bulls showed healthy signs at the Islamabad Stock Exchange (ISE) where fresh buying spree in trend-setters moved the entire ready-board in upward direction amid increase in index. ISE-10 Index showed an increase of 156.36 points as it moved from 3,301.74
Published 23 Oct, 2007 12:00am
ISE index gains 156.36 points

ISE index gains 156.36 points

Bulls showed healthy signs at the Islamabad Stock Exchange (ISE) where fresh buying spree in trend-setters moved the entire ready-board in upward direction amid increase in index. ISE-10 Index showed an increase of 156.36 points as it moved from 3,301.74
Published 23 Oct, 2007 12:00am
Ecnec approves 23 projects worth Rs 116.5 billion

Ecnec approves 23 projects worth Rs 116.5 billion

The Executive Committee of the National Economic Council (Ecnec) on Monday approved 23 projects worth Rs 116.5 billion. The Ecnec meeting was held under the chairmanship of Prime Minister Shaukat Aziz. These projects included 14 new, costing Rs 69 billion
Published 23 Oct, 2007 12:00am
Ecnec approves 23 projects worth Rs 116.5 billion

Ecnec approves 23 projects worth Rs 116.5 billion

The Executive Committee of the National Economic Council (Ecnec) on Monday approved 23 projects worth Rs 116.5 billion. The Ecnec meeting was held under the chairmanship of Prime Minister Shaukat Aziz. These projects included 14 new, costing Rs 69 billion
Published 23 Oct, 2007 12:00am
Ecnec approves 23 projects worth Rs 116.5 billion

Ecnec approves 23 projects worth Rs 116.5 billion

The Executive Committee of the National Economic Council (Ecnec) on Monday approved 23 projects worth Rs 116.5 billion. The Ecnec meeting was held under the chairmanship of Prime Minister Shaukat Aziz. These projects included 14 new, costing Rs 69 billion
Published 23 Oct, 2007 12:00am
22 percent rise in July-September remittances

22 percent rise in July-September remittances

Remittances from overseas Pakistanis during first quarter of current fiscal year (July-September 2007) amounted to $1.501 billion, against $1.234 billion of corresponding period of last year, showing an increase of $267.66 million, or 22 percent.
Published 23 Oct, 2007 12:00am
22 percent rise in July-September remittances

22 percent rise in July-September remittances

Remittances from overseas Pakistanis during first quarter of current fiscal year (July-September 2007) amounted to $1.501 billion, against $1.234 billion of corresponding period of last year, showing an increase of $267.66 million, or 22 percent.
Published 23 Oct, 2007 12:00am
22 percent rise in July-September remittances

22 percent rise in July-September remittances

Remittances from overseas Pakistanis during first quarter of current fiscal year (July-September 2007) amounted to $1.501 billion, against $1.234 billion of corresponding period of last year, showing an increase of $267.66 million, or 22 percent.
Published 23 Oct, 2007 12:00am
India shelves US nuclear pact for a month

India shelves US nuclear pact for a month

India's government said Monday it would hold off on implementing a controversial nuclear deal with the United States after again failing to win over sceptical coalition partners.
Published 23 Oct, 2007 12:00am
India shelves US nuclear pact for a month

India shelves US nuclear pact for a month

India's government said Monday it would hold off on implementing a controversial nuclear deal with the United States after again failing to win over sceptical coalition partners.
Published 23 Oct, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Monday (October 22, 2007).

Published 23 Oct, 2007 12:00am
TCP wheat tender may again get poor response

TCP wheat tender may again get poor response

The Trading Corporation of Pakistan (TCP) is again likely to get poor response for wheat import due to short period between submission of pre-qualification applications and wheat tender date, sources said.
Published 23 Oct, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Monday (October 22, 2007).

Published 23 Oct, 2007 12:00am
TCP wheat tender may again get poor response

TCP wheat tender may again get poor response

The Trading Corporation of Pakistan (TCP) is again likely to get poor response for wheat import due to short period between submission of pre-qualification applications and wheat tender date, sources said.
Published 23 Oct, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Monday (October 22, 2007).

Published 23 Oct, 2007 12:00am
TCP wheat tender may again get poor response

TCP wheat tender may again get poor response

The Trading Corporation of Pakistan (TCP) is again likely to get poor response for wheat import due to short period between submission of pre-qualification applications and wheat tender date, sources said.
Published 23 Oct, 2007 12:00am
BRIndex30 drops 233.53 points

BRIndex30 drops 233.53 points

On Monday, BRIndex30 opened in the positive zone at 16,333.80, with an upward jump gap of 121.77 points. It closed at 15,978.50. BRIndex30 registered a downward change of -233.53 points and percentage change of -1.44. It experienced intra-day high of 16,3
Published 23 Oct, 2007 12:00am
BRIndex30 drops 233.53 points

BRIndex30 drops 233.53 points

On Monday, BRIndex30 opened in the positive zone at 16,333.80, with an upward jump gap of 121.77 points. It closed at 15,978.50. BRIndex30 registered a downward change of -233.53 points and percentage change of -1.44. It experienced intra-day high of 16,3
Published 23 Oct, 2007 12:00am
World currencies and euro

World currencies and euro

Value of the euro in terms of other world currencies as prevailing in the week ended Monday (October 22, 2007).
Published 23 Oct, 2007 12:00am
KSE loses 188.17 points

KSE loses 188.17 points

Karachi market on Monday started on a strong positive note and the KSE-100 index hit 14,908.46 points'' intra-day high level. But the market could not continue its upward momentum and after witnessing a bull-run during the last couple of days, the KSE-100
Published 23 Oct, 2007 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Monday (October 22, 2007).

Published 23 Oct, 2007 12:00am
KSE loses 188.17 points

KSE loses 188.17 points

Karachi market on Monday started on a strong positive note and the KSE-100 index hit 14,908.46 points' intra-day high level. But the market could not continue its upward momentum and after witnessing a bull-run during the last couple of days, the KSE-100
Published 23 Oct, 2007 12:00am
KSE loses 188.17 points

KSE loses 188.17 points

Karachi market on Monday started on a strong positive note and the KSE-100 index hit 14,908.46 points' intra-day high level. But the market could not continue its upward momentum and after witnessing a bull-run during the last couple of days, the KSE-100
Published 23 Oct, 2007 12:00am
Pakistan''s economy has grown at seven percent: Salman

Pakistan''s economy has grown at seven percent: Salman

Advisor to the Prime Minister on Finance and Economic Affairs Dr Salman Shah has said that Pakistan''s economy has grown at an average rate of almost seven percent per annum over the last four years and positioned as one of the fastest growing economies i
Published 23 Oct, 2007 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (October 22, 2007).

Published 23 Oct, 2007 12:00am
Pakistan's economy has grown at seven percent: Salman

Pakistan's economy has grown at seven percent: Salman

Advisor to the Prime Minister on Finance and Economic Affairs Dr Salman Shah has said that Pakistan's economy has grown at an average rate of almost seven percent per annum over the last four years and positioned as one of the fastest growing economies in
Published 23 Oct, 2007 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (October 22, 2007).
Published 23 Oct, 2007 12:00am
Pakistan's economy has grown at seven percent: Salman

Pakistan's economy has grown at seven percent: Salman

Advisor to the Prime Minister on Finance and Economic Affairs Dr Salman Shah has said that Pakistan's economy has grown at an average rate of almost seven percent per annum over the last four years and positioned as one of the fastest growing economies in
Published 23 Oct, 2007 12:00am
Bill buying rates per unit of currency

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 Monday (October 22, 2007).

Published 23 Oct, 2007 12:00am
Rato warns dollar may suffer ''abrupt fall''

Rato warns dollar may suffer ''abrupt fall''

The head of the International Monetary Fund, Rodrigo Rato, warned Monday there are risks of an "abrupt fall" in the dollar, linked to a loss of confidence in dollar assets. "There are risks that an abrupt fall in the dollar could either be triggered by, o
Published 23 Oct, 2007 12:00am
Rato warns dollar may suffer 'abrupt fall'

Rato warns dollar may suffer 'abrupt fall'

The head of the International Monetary Fund, Rodrigo Rato, warned Monday there are risks of an "abrupt fall" in the dollar, linked to a loss of confidence in dollar assets. "There are risks that an abrupt fall in the dollar could either be triggered by, o
Published 23 Oct, 2007 12:00am
Rato warns dollar may suffer 'abrupt fall'

Rato warns dollar may suffer 'abrupt fall'

The head of the International Monetary Fund, Rodrigo Rato, warned Monday there are risks of an "abrupt fall" in the dollar, linked to a loss of confidence in dollar assets. "There are risks that an abrupt fall in the dollar could either be triggered by, o
Published 23 Oct, 2007 12:00am
IMF endorses internal reforms, World Bank backs agriculture

IMF endorses internal reforms, World Bank backs agriculture

The International Monetary Fund backed internal reforms to give low-income countries a greater voice and the World Bank put agriculture at the heart of its anti-poverty mission at annual meetings here this weekend.
Published 23 Oct, 2007 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Monday (October 22, 2007).

Published 23 Oct, 2007 12:00am
IMF endorses internal reforms, World Bank backs agriculture

IMF endorses internal reforms, World Bank backs agriculture

The International Monetary Fund backed internal reforms to give low-income countries a greater voice and the World Bank put agriculture at the heart of its anti-poverty mission at annual meetings here this weekend.
Published 23 Oct, 2007 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Monday (October 22, 2007).

Published 23 Oct, 2007 12:00am
IMF endorses internal reforms, World Bank backs agriculture

IMF endorses internal reforms, World Bank backs agriculture

The International Monetary Fund backed internal reforms to give low-income countries a greater voice and the World Bank put agriculture at the heart of its anti-poverty mission at annual meetings here this weekend.
Published 23 Oct, 2007 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Monday (October 22, 2007).

Published 23 Oct, 2007 12:00am
Sri Lanka trade deficit narrows to $2.12 billion

Sri Lanka trade deficit narrows to $2.12 billion

Sri Lanka's trade deficit narrowed to $2.12 billion in the first eight months of 2007 as exports, led by textiles, outpaced imports of goods like petroleum and fertiliser, the central bank said on Monday.
Published 23 Oct, 2007 12:00am