News Archives for Print - 2007-11-01

Print - 2007-11-01

London coffee rises on concern over supply squeeze

London robusta coffee futures finished higher on Wednesday with nearby positions rising on renewed concern about a supply squeeze for the November contract.

Published 01 Nov, 2007 12:00am

Indonesia to ship 10 percent of palm oil

Indonesia will ship 1.5-1.8 million tonnes of palm oil through the Dutch port of Rotterdam this year, roughly 10 percent of its total production, an Indonesian Palm Oil Association official said on Monday.

Published 01 Nov, 2007 12:00am

Rotterdam vegetable oil prices

Wednesday's Rotterdam vegetable oil prices at 1700 GMT.

Published 01 Nov, 2007 12:00am

Rotterdam vegetable oil prices

Wednesday's Rotterdam vegetable oil prices at 1700 GMT.

Published 01 Nov, 2007 12:00am

New York cotton futures marginally higher

Cotton futures settled marginally higher late Wednesday on buying by small speculators and the market may stay in a band given the dearth of leads in the ring, brokers said. The ICE December electronic cotton contract rose 0.29 cent to trade at 64.16 cent

Published 01 Nov, 2007 12:00am

India hopes to limit wheat imports at 2.3 million tonnes

India, the world's No 2 wheat importer, plans to limit its purchases at 2.3 million tonnes this year because of comfortable stocks, a senior Food Ministry official said on Wednesday. Farm Minister Sharad Pawar had earlier said the country would import aro

Published 01 Nov, 2007 12:00am

Copper settles lower

Copper ended lower on Wednesday as a hefty rise in inventories weighed on prices and investors refrained from making big bets ahead of a key rate decision by the US Federal Reserve. European stocks were mostly higher with London-listed miner Vedanta Resou

Published 01 Nov, 2007 12:00am

European gold moves towards 28-year high

Gold advanced on Wednesday to trade just below a 28-year peak, helped by a tumbling dollar and strong oil prices, but investors avoided big bets ahead of a key decision on US interest rates. Analysts said the metal was getting vulnerable to heavy correcti

Published 01 Nov, 2007 12:00am

US MIDDAY: cocoa climbs, coffee unchanged

US cocoa trading on ICE Futures US found strength from speculative buying and a firm pound early Wednesday, while arabica coffee futures hovered around the unchanged mark amid thin volume, traders said. "It looks like there's a move that started yesterday

Published 01 Nov, 2007 12:00am

US MIDDAY: sugar sags

Raw sugar futures tumbled in early trade Wednesday on speculative sales, and brokers said the market may post more losses if it stays below the psychological 10-cent level. "The specs leaned on it hard, but there seems to be pretty good support at 10. If

Published 01 Nov, 2007 12:00am

US MIDDAY: wheat lower

Wheat futures on the Chicago Board of Trade were lower at midsession on Wednesday on a lack of fresh export demand and ideas the market was overpriced, traders said.

Published 01 Nov, 2007 12:00am

US MIDDAY: corn higher

Corn futures on the Chicago Board of Trade were up sharply on Wednesday following an abrupt rally in crude oil markets, traders said. Traders said the corn market rallied as crude oil abruptly surged following the release of a US government report showing

Published 01 Nov, 2007 12:00am

US MIDDAY: soya up

Soyabean futures on the Chicago Board of Trade were up sharply on Wednesday following a fresh surge in crude oil markets while soyaoil soared to new contract highs and to near 33-year highs, traders said.

Published 01 Nov, 2007 12:00am

US MIDDAY: copper firms

US copper futures edged higher early on the back of better-than-expected US third-quarter growth data, but the advance was expected to be held in check ahead of the Federal Reserve's decision on US interest rates expected later on Wednesday, brokers said.

Published 01 Nov, 2007 12:00am

US MIDDAY: gold gains

Gold futures in New York rose slightly in quiet trade early Wednesday on the dollar fall and higher crude prices, as the bullion market bided time ahead of a key interest rate decision by the US Federal Reserve after the end of the pit session.

Published 01 Nov, 2007 12:00am

WWF-Pakistan to hold seminar on November 2

The World Wide Fund For Nature (WWF), Pakistan will hold a daylong seminar on "Corporate Engagements in Indus Dolphin Conservation" at its centre here at Sandspit on November 2 (Friday). An official of WWF-Pakistan said that the moot is being held in coll

Published 01 Nov, 2007 12:00am

UNHCR suspends Afghan repatriation plan

The UN Refugee Agency UNHCR has temporarily suspended its voluntary Afghan repatriation programme from Pakistan for the winter. "This is something we do every year before the weather turns". The programme will restart again in March next year," Vivian Tan

Published 01 Nov, 2007 12:00am

Survey shows poor support for anti-militant drive

Less than half of Pakistani public backs the use of force against al Qaeda and other militants, while a massive majority opposes involvement of foreign forces, a survey said on Wednesday. There is also low support for President Pervez Musharraf, said the

Published 01 Nov, 2007 12:00am

Partly Facetious: wait for a new set of leaders to talk to terrorists

"The FO has made a statement of concern over the killings of Muslims in India and has said that..."

Published 01 Nov, 2007 12:00am

Security threats

It is for the people to ensure they do not give protection in any manner to the militants, extremists and point out the suspected person to the law enforcing and security related agencies personnel so that the menace in uprooted as early as possible.

Published 01 Nov, 2007 12:00am

Helpless victims of robbers

On Monday, 29th of October, I was included in the list of the victims of mobile snatching and robbery that took place in Gulshan-e-Iqbal block 13-B and 13-D. My name is Abdul Khaliq and I live in Daulat Square B-18.

Published 01 Nov, 2007 12:00am

Solar energy boom may help world's poorest

A surge in investment in solar power is bringing down costs of the alternative energy source, but affordability problems still dog hopes for the 1.6 billion people worldwide without electricity.

Published 01 Nov, 2007 12:00am

Monthly Roundup: bullet-proofing Benazir - what about the human shield?

A huge, armoured, bullet-proof and missile-proof truck complete with bed, air-conditioning and other comforts and facilities, hundreds of guards in designer uniform and caps surrounding it, a sizeable police escort, color portraits of BB and Daddy by the

Published 01 Nov, 2007 12:00am

State Bank's Annual Report

The Annual Report released by the State Bank of Pakistan on 29th October contains a good exposition of Pakistan's economy during 2006-07, pinpoints latest economic challenges confronting the country and offers advice to overcome weaknesses in a number of

Published 01 Nov, 2007 12:00am

German consultant hired to upgrade Gujranwala tools centre facilities

The Gujranwala Tools, Dies and Moulds Centre has employed the services of a German consultant for assistance in building layout, machinery selection, procurement and curriculum development.

Published 01 Nov, 2007 12:00am

NetSol announces results for first quarter

NetSol Technologies Limited, Pakistan (NetSol PK) a significant part of the division serving the Asia Pacific region (APAC) on behalf of NetSol Technologies Inc, here on Wednesday announced financial results for the first quarter of fiscal year 2007-08 en

Published 01 Nov, 2007 12:00am

Need stressed to strengthen university-industry linkage

Biotechnology offers tremendous advantages to Pakistan but to benefit from its true potential, the government and all key stakeholders involved in commercial activity, need to strengthen the 'university-industry linkage'.

Published 01 Nov, 2007 12:00am

National Assembly body withdraws Police Order 2006-07

National Assembly Standing Committee on Interior affairs held its final meeting, before possible dissolution of the Assembly on November 15. The Committee withdrew Police Order 2006 and 2007 and the National Data Base Registration Authority (Amendment) Bi

Published 01 Nov, 2007 12:00am

Soomro and Jamali condemn Rawalpindi suicide blast

Chairman Senate, Mohammedmian Soomro has strongly condemned the suicide blast that took place near Kutchehry Chowk Rawalpindi in which some precious lives were lost and more than one dozen sustained injuries and termed it a cowardly act of terrorist eleme

Published 01 Nov, 2007 12:00am

EDB pursuading businessmen to participate in South Korean show

Engineering Development Board (EDB) is facilitating businessmen to participate in `The Agricultural Machinery and Seeds (Tamas) show 2007 to be held in South Korean city, Daejeon from November 6, official sources said on Wednesday.

Published 01 Nov, 2007 12:00am

Security in capital put on high alert

The Interior Ministry has issued special directions to the Islamabad Capital Territory (ICT) police to further enhance the security arrangement especially in the sensitive areas of the Capital after the blast in Rawalpindi on Tuesday claiming eight casual

Published 01 Nov, 2007 12:00am

ICMAP seminar on November 2

The Institute of Cost and Management Accountants of Pakistan (ICMAP) will hold a seminar on international financial reporting standards (IFRS) on November 2 (Friday). The moot will be held at the head office of ICMAP located in Gulshan-e-Iqbal here. Qanit

Published 01 Nov, 2007 12:00am

US Centcom chief due today

Commander of the United States Central Command (Centcom) Admiral William J Fallon arrives here on Thursday for talks on bilateral matters, TV channels reported. Admiral William J Fallon last visited Pakistan in June this year.

Published 01 Nov, 2007 12:00am

Plan to launch business models for branch-less banking under way

State Bank of Pakistan is considering a proposal to launch business models for branch-less banking along with associated regulatory framework to promote Micro Finance (MF) Sector, while Grameen Foundation, USA will provide technical assistance in the area

Published 01 Nov, 2007 12:00am

Overhead pedestrian bridges in bad shape

The overhead pedestrian bridges have become a source of concern for the citizens of twin cities, as electricity wires attached with the structures pose a danger to life. "Despite claims by the concerned authorities, the wires always hang from these bridge

Published 01 Nov, 2007 12:00am

Industrial estate for overseas Pakistanis: MoU signed

The Overseas Pakistanis Foundation (OPF) and the government of Punjab on Wednesday inked Memorandum of Understanding (MoU) to set up an industrial estate for Overseas Pakistanis at Motorway Chakri Interchange Rawalpindi to provide investment opportunities

Published 01 Nov, 2007 12:00am

First International SME, Micro-finance moot from November 17

Pakistan's first international conference on Small & Medium Enterprises (SME) and Micro-finance with a special emphasis on 'Rural and Urban Outreach Initiatives & Challenges' will be held on November 17 and 18 in Karachi.

Published 01 Nov, 2007 12:00am

Suicide attacks to play havoc with economy: FPCCI

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Wednesday warned that suicide attacks would play havoc with the national economy and also affect adversely on life of the common man.

Published 01 Nov, 2007 12:00am

Zuberi named as Siemens director corporate communication

Zia Ul Islam Zuberi, Divisional Director, Siemens Pakistan has been redesignted as Director Corporate Communication of the company. Zuberi who has been with Siemens for the last 11 years has more than 25 years experience with multinational companies as he

Published 01 Nov, 2007 12:00am

Karachi safe for investment: German Counsel General

Counsel General of Germany in Karachi Hans-Joachim Kiderlen has said Karachi is safe for investment and the number of foreign companies in the city, as he estimates, will increase at an average 50 companies every year.

Published 01 Nov, 2007 12:00am

Wasi to address investors' forum in London

Federal Minister for Privatisation and Investment, Wasi Zafar will address the participants of Pakistan Investors Forum at the Merrill Lynch Financial Centre London on November 2. The forum is being held under the auspices of Merrill Lynch in collaboratio

Published 01 Nov, 2007 12:00am

Kamal inaugurates Rs 553.799 million projects in North Karachi

City Nazim Syed Mustafa Kamal on Wednesday laid the foundation stones of three projects worth Rs 553.799 million in New Karachi Town. The Works and Services Department of the City District Government Karachi (CDGK) has undertaken the improvement and rehab

Published 01 Nov, 2007 12:00am

Importance of quality harmonising with world standards urged

The importance of national standards with international standards was highlighted at the Second International Conference & Exhibition on 'Quality and Excellence for Exports' held in Cairo from October 24 to 26 under the auspices of Ministry of Trade & Ind

Published 01 Nov, 2007 12:00am

Nokia spotlight talent competition

Nokia, the world leader in mobility, held the grand final of the Nokia Spotlight Talent Competition at Lok Virsa in Islamabad, on Sunday. The competition, which started with music contests comprising vocal, music bands and instrument categories at college

Published 01 Nov, 2007 12:00am

Thai Airways launches new winter direct service

Thai Airways announced the imminent launch of its new winter 2007 direct service between Karachi, Lahore, Islamabad and Bangkok. The airline's country general manger, Kittiphong, made this announcement at a press conference held at a local hotel on Wednes

Published 01 Nov, 2007 12:00am

LHC reserves judgement

The Lahore High Court on Wednesday reserved its judgement on the petitions of several steel melting units challenging the levy of sales tax on electricity bills. Petitioners Quality steel and Lucky Steel Foundries argued that they all fall under the categ

Published 01 Nov, 2007 12:00am

Strong action urged to retrieve railway's encroached land

The Nazim and Naib Nazim of Bin Qasim Town have encroached on Railway land at gunpoint. This was claimed by the Divisional Superintendent, Karachi before the National Assembly Standing Committee on Railways at its meeting held here recently, according to

Published 01 Nov, 2007 12:00am

'ECC can fix upfront tariff on coal-based power plants'

The Economic Co-ordination Committee (ECC) can fix upfront tariff rate on power generated through coal deposits in Sindh in case National Electric Power Regulatory Authority (Nepra) further delays the matter.

Published 01 Nov, 2007 12:00am

NPIW project directors, officials praised

Federal Industries Minister Jahangir Khan Tareen has commended the project directors and other officials of National Programme for Improvement of Watercourses (NPIW) for the great work they have done for timely implementation of the project.

Published 01 Nov, 2007 12:00am

Mangla Dam Raising Project: additional 2.88 million acres feet water to be made available

An additional 2.88 million acre feet (MAF) water will be made available to the country for irrigation purpose after the completion of Mangla Dam Raising Project by April 2008.

Published 01 Nov, 2007 12:00am

DIB announces financial results

Dubai Islamic Bank (DIB) announced its financial results for the first 9 months of 2007, demonstrating an overall strong performance. For the nine months ending September 30, 2007, DIB's net profit reached AED 1.9 billion, an increase of 86 percent compar

Published 01 Nov, 2007 12:00am

Punjab earmarks Rs 1,431 million for livestock sector

The Punjab government has earmarked Rs 1,431 million for on-going and new projects for the livestock sector in 2007-08 starting with building veterinary hospitals at the every union level and mobile veterinary dispensary at the tehsil level.

Published 01 Nov, 2007 12:00am

LHC issues contempt notices

The Lahore High Court (LHC) issued contempt notices to professor Superior College Tariq Awan, ordering him to appear before the court on November 7 and explain as to why he wrote contemptuous letter to the court.

Published 01 Nov, 2007 12:00am

ACE recovers Rs 382 billion in nine months

The Anti-Corruption Establishment (ACE) has established a record direct and indirect recovery of Rs 382 billion from the culprits in the first nine months, Director General Muhammad Aslam Ghuman told the session of a review meeting of regional directors.

Published 01 Nov, 2007 12:00am

Reap meeting discusses rice market condition

A meeting of Rice Exporters Association of Pakistan (Reap) was held to discuss present scenario of rice market and to find out means and ways to control the higher/increasing prices of rice in Pakistan, particularly after the news of Indian government ban

Published 01 Nov, 2007 12:00am

Increase in number of Islamabad-London British Airways flights

British Airways has announced increase in its number of flights from three to six between Islamabad and London (Heathrow) per week, Paul Dhami, the Country Manager of British Airways told the media here on Wednesday.

Published 01 Nov, 2007 12:00am

'Report on 2006 PIA Fokker air crash not made public'

The report on the PIA Fokker aircraft crash at Multan on July 10, 2006 was not taken up by Senate Defence Committee on Wednesday. The report was to come up for discussion in the meeting of the Committee on Wednesday but the authorities sought refuge in th

Published 01 Nov, 2007 12:00am

Minfal taking measures to enhance seafood output

Fisheries sector in the country is confronted with numerous problems like overfishing, uncontrolled fleet, illegal nets, shortage of raw material for seafood processing and high fuel cost, sources in Ministry of Food, Agriculture and Livestock (Minfal) to

Published 01 Nov, 2007 12:00am

Professionals hold demonstration

The people from different walks of life and the members of an organisation named Professionals staged a protest demonstration outside the Supreme Court of Pakistan in support of former judge of Sindh High court Wajeejuddin's petition against the eligibili

Published 01 Nov, 2007 12:00am

EPI starts piloting new vitamin A recording tools

Expanded Programme for Immunisation (EPI) under the Ministry of Health (MoH) has started piloting new vitamin A recording tools in four districts of Pakistan including district Mardan from NWFP. Vitamin A has been supplemented to 9-59 month old children i

Published 01 Nov, 2007 12:00am

Strategy to be evolved to improve farm productivity

"A medium-term National Agriculture Sector Strategy (NASS) will be developed by the government in collaboration with the Agriculture Development Board to improve the agricultural productivity", the Federal Minster for Agriculture said while addressing a w

Published 01 Nov, 2007 12:00am

Pakistan-American collaboration in agriculture-field discussed

United States of America (USA) would provide assistance for agriculture research and human resources' capacity building to increase agriculture productivity in the country. A US delegation visited Pakistan Agriculture Research Council (Parc) and National

Published 01 Nov, 2007 12:00am

FOREIGN TRADE INQUIRIES

Export Promotion Bureau has received the following Trade Enquiries from abroad. Interested Pakistani parties dealing in the under mentioned items can obtain further details from the addresses given or from EPB Head Quarters and its Regional/Sub-Regional O

Published 01 Nov, 2007 12:00am

Hospital for industrial workers established

A social security hospital meant to benefit industrial workers has been completed at a cost of Rs 170 million, said Punjab Minister for Labour and Manpower Rana Muhammad Qasim Noon on Wednesday.

Published 01 Nov, 2007 12:00am

Work on Jalozai campus in full swing: vice chancellor UET

A meeting to review the Higher Education Commission's (HEC) funded projects was held with Vice-Chancellor, University of Engineering and Technology (UET) Engr Syed Imtiaz Hussain Gilani in Chair here on Wednesday. The progress of developmental projects of

Published 01 Nov, 2007 12:00am

Punjab board of technical education meeting

The Punjab Board of Technical Education held an organising committee meeting here on Wednesday to arrange an award ceremony-200. Board Chairman Zia Haider Zaidi chaired the meeting. Former chairman Anwar Hassan Naqvi would be the convenor of the steering

Published 01 Nov, 2007 12:00am

ACCA graduation ceremony on November 3

The graduation ceremony of the Association of Chartered Certified Accountants (ACCA) Pakistan will be held here on November 3. An announcement on Wednesday said that a total of 184 students would graduate in the ceremony in Karachi. It was also pointed ou

Published 01 Nov, 2007 12:00am

Rice going beyond common man's reach

Rice is rapidly going beyond the reach of common man in Multan and other parts of southern Punjab as the local grain market has virtually gone under the control of speculators who not only spark an artificial hike in prices but also put the entire export

Published 01 Nov, 2007 12:00am

Madrassa degree: MMA may file review petition

The government headed by General Pervez Musharraf is blackmailing the MMA leadership on the issue of degrees awarded by madrassas. MMA sources said here on Wednesday that government wanted to block the way for MMA in next general election for the pleasure

Published 01 Nov, 2007 12:00am

PPP condemns Rawalpindi blast

PPP has condemned the suicide bomb blast near the army headquarters in Rawalpindi, killing seven people. This is the third incident of a suicide explosion in city in the past two months. The country is in the grip of violence by extremists.

Published 01 Nov, 2007 12:00am

Poultry prices down in Multan

Poultry prices in the city have shown a decline in the last couple of days and may fall further in the coming days due to healthy production of chicken and ideal weather for breeding, poultry expert Syed Tahir Zaidi said here on Wednesday.

Published 01 Nov, 2007 12:00am

Lufthansa willing to operate cargo flights from Sialkot

German Ambassador to Pakistan Dr Gunter Mulack has said that German Airline Lufthansa is ready to operate three cargo flights weekly from Sialkot to facilitate the business community.

Published 01 Nov, 2007 12:00am

Inclusion of ginneries in clean cotton plan slated

Annual General Meeting of Pakistan Cotton Ginners Association (PCGA) held here on Wednesday under the chairmanship of Suhail Mehmood Haral. Only 10 members attended the meeting. A number of PCGA members bitterly criticised the unfair inclusion of ginnerie

Published 01 Nov, 2007 12:00am

Fake pesticides seized

Three persons were apprehended with a large quantity of fake pesticides were seized by the Shujabad city police on Wednesday. Agriculture officer, Shahid Hussain reported to the police that he received information that some dubious elements were involved

Published 01 Nov, 2007 12:00am

Lahore CPLC team visits Faisalabad

A delegation of Lahore Citizen-Police Liaison Committee (CPLC), headed by its deputy chairperson Nasira Naseer, visited Faisalabad CPLC headquarters. Members of the delegation visited various projects launched by CPLC, Faisalabad, and sought information a

Published 01 Nov, 2007 12:00am

The Weather

The weather report on Wednesday (October 31, 2007) and the forecast for Thursday (November 01, 2007).

Published 01 Nov, 2007 12:00am

Book launching ceremony held

Due to traditional norms and conservative approaches create difficulties for women-entrepreneur to establish business in Pakistan.

Published 01 Nov, 2007 12:00am

Key stock and currency market movements

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).

Published 01 Nov, 2007 12:00am

'Efforts being made to eliminate child labour'

Minister for Labour, Manpower and Overseas Pakistanis Ghulam Sarwar Khan on Wednesday said that the government was pursuing a policy that builds upon a multi-pronged approach focusing on legislative development, administration measures and direct interven

Published 01 Nov, 2007 12:00am

LME official prices

LME official prices on Tuesday.

Published 01 Nov, 2007 12:00am

Steps to thwart child labour menace urged

Effective implementation of laws and public awareness is the only way to discourage the menace of child labour. In addition the government should provide alternative opportunities of livelihood to the poor households who send their children for petty jobs

Published 01 Nov, 2007 12:00am

LME official prices

LME official prices on Tuesday.

Published 01 Nov, 2007 12:00am

TDAP workshop

Trade Development Authority of Pakistan in collaboration with CBI (Centre for promotion of imports from developing countries - Netherlands), will organise a workshop on Thursday to accelerate export development and facilitate exporters in textile garment

Published 01 Nov, 2007 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (October 31, 2007).

Published 01 Nov, 2007 12:00am

Call to adopt standardisation in engineering education

The government's policy to produce more engineers has been harmful for the engineering education as many universities have expanded their programs without promoting their faculties and required infrastructure.

Published 01 Nov, 2007 12:00am

Poultry rates

Wholesale poultry rates on Wednesday (October 31, 2007) and for Thursday (November 01, 2007).

Published 01 Nov, 2007 12:00am

Senate body analyses draft aviation policy

Air travel in Pakistan would be on way to new range of tolls and technological advances after the implementation of new Civil Aviation Policy. This was stated on Wednesday by Civil Aviation Authority (CAA) DG Farook Rehmatullah at the Senate defence commi

Published 01 Nov, 2007 12:00am

National Commodity Exchange Trading Summary

National Commodity Exchange Limited Trading Summary on Wednesday (October 31, 2007).

Published 01 Nov, 2007 12:00am

Naat, Hamd reciters to be awarded today

The federal government should facilitate 'Naat Khwan' and 'Hamd Khwan,' who are spreading positive messages and praises of almighty Allah and Prophet Muhammad (PBUH) among nation. This was stated by Rauf Siddiqui, Minister for Culture, Tourism and Social

Published 01 Nov, 2007 12:00am

NIT Unit Prices

The sale and repurchase prices of NIT (Unit) on Wednesday (October 31, 2007).

Published 01 Nov, 2007 12:00am

Malaysian Ulema, intellectuals to visit CII

A delegation of Malaysia's International Islamic University comprising Ulema and intellectuals is arriving here on a three-day visit. The delegation, on the invitation of Council of Islamic Ideology (CII), will visit Council of Islamic Ideology (CII), Fed

Published 01 Nov, 2007 12:00am

NIT Unit Prices

The sale and repurchase prices of NIT (Unit) on Wednesday (October 31, 2007).

Published 01 Nov, 2007 12:00am

Nadra issues 60 million CNICs so far

The National Database Registration Authority (Nadra) has issued 60 million computerised national identity cards (CNICs) so far, Chairman Nadra announced here Wednesday. The 60 millionth card was issued to Guli Bai a resident of Mirpur Khas (Sindh). chairm

Published 01 Nov, 2007 12:00am

NIT Unit Prices

The sale and repurchase prices of NIT (Unit) on Wednesday (October 31, 2007).

Published 01 Nov, 2007 12:00am

Financial close of Attock Gen for 165 MW power plant

Attock Gen Limited ("AG") recently achieved financial close for the 165 MW Independent Power Plant at a signing ceremony held between the company and the syndicate members. Faysal Bank Limited and Allied Bank Limited are the "Lead Advisors and Arrangers"

Published 01 Nov, 2007 12:00am

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from November 01, 2007.

Published 01 Nov, 2007 12:00am

DG Intelligence probe report Of 6,000 containers, only 100-150 found missing

The Directorate-General, Intelligence and Investigation, Customs and Excise, has conducted detailed investigation of 6,000 import containers cleared from Karachi, confirming that only 100-150 containers were found missing during transhipment process, the

Published 01 Nov, 2007 12:00am

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from November 01, 2007.

Published 01 Nov, 2007 12:00am

'Government won't defend Benazir if convicted by foreign courts'

The government on Wednesday categorically said that it would not defend Benazir Bhutto if convicted by either Spanish or Swiss court in corruption cases. Rather, the government would continue facilitating if supporting documents, evidence or witnesses wer

Published 01 Nov, 2007 12:00am

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from November 01, 2007.

Published 01 Nov, 2007 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 14	277.83
USD PKR Interbank Buying / Nov 14	277.63
USD to Japanese Yen / Nov 14	155.86
USD to Swiss Franc / Nov 14	0.89
Pound Sterling to USD / Nov 14	1.27
Euro to USD / Nov 14	1.06

Stock	Volume
S&P 500 / Nov 13	5,985.38
Nasdaq / Nov 13	19,230.72
Dow Jones / Nov 13	43,958.19
India Sensex / Nov 14	77,517.41
Tokyo Nikkei / Nov 14	38,680.99
Hang Seng / Nov 14	19,503.42
FTSE 100 / Nov 14	8,042.72
Germany DAX 30 / Nov 14	19,122.26

Item	Value
Gold 10 Grams PKR / Nov 12	231,911
Karachi Cotton PKR/37.32 KG / Nov 13	18,085
Crude Oil USD/Barrel / Nov 14	67.97
Gold Spot USD/Ounce / Nov 14	2,558.37
Cotton US¢/pound / Nov 14	71.10
Petrol/Litre / Nov 15	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 15 786 Investments Limited(786)	6.49 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 15 Al-Abbas Sugar Mills Limited(AABS)	599.28 ▼ 0.00 (0.00%)
Agro Allianz / Nov 15 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 15 Ali Asghar Textile Mills Limited(AATM)	62.51 ▼ 0.00 (0.00%)
Allied Bank / Nov 15 Allied Bank Limited(ABL)	114.80 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 15 Abbott Laboratories (Pakistan) Limited(ABOT)	1,019.78 ▼ 0.00 (0.00%)
Abson Ind. / Nov 15 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 15 Alfalah Consumer Index ETF.(ACIETF)	12.25 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 15 786 Investments Limited(786)	6.49 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 15 Al-Abbas Sugar Mills Limited(AABS)	599.28 ▲ 0.00 (0.00%)
Agro Allianz / Nov 15 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 15 Ali Asghar Textile Mills Limited(AATM)	62.51 ▲ 0.00 (0.00%)
Allied Bank / Nov 15 Allied Bank Limited(ABL)	114.80 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 15 Abbott Laboratories (Pakistan) Limited(ABOT)	1,019.78 ▲ 0.00 (0.00%)
Abson Ind. / Nov 15 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 15 Alfalah Consumer Index ETF.(ACIETF)	12.25 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 15 Worldcall Telecom Limited(WTL)	43,291,848 ▲ 0.00
Waves Home Appliances / Nov 15 Waves Home Appliances Limited(WAVESAPP)	33,201,636 ▲ 0.00
Pak Refinery / Nov 15 Pakistan Refinery Limited(PRL)	31,524,926 ▲ 0.00
K-Electric Ltd. / Nov 15 K-Electric Limited(KEL)	27,455,465 ▲ 0.00
Pak Elektron / Nov 15 Pak Elektron Limited(PAEL)	26,996,630 ▲ 0.00
Sui South Gas / Nov 15 Sui Southern Gas Company Limited(SSGC)	26,013,918 ▲ 0.00
The Searle Co. / Nov 15 The Searle Company Limited(SEARL)	25,704,933 ▲ 0.00
Pak Int.Bulk / Nov 15 Pakistan International Bulk Terminal(PIBTL)	23,694,836 ▲ 0.00
Secure Logistics / Nov 15 Secure Logistics Group Limited(SLGL)	23,623,241 ▲ 0.00

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