News Archives for Print - 2007-12-18

Chemicals move both ways on Jodia Bazaar

The trading on chemicals moved both ways on Jodia Bazaar here on Monday. The following changes were observed.

Published 18 Dec, 2007 12:00am

Caretaker government decision on mega projects: no more financing through levy of new surcharge

The caretaker government has imposed a ban on financing of mega projects in public sector through levy of any new surcharge, well-placed official sources in the Water and Power Ministry told Business Recorder on Monday.

Published 18 Dec, 2007 12:00am

Algerian sugar refiner to raise output

Algeria's leading private agro-business group Cevital, which runs North Africa's largest sugar refinery, will raise annual output to 800,000 tonnes in January 2008 from 600,000 tonnes now, its CEO said on Monday. "The additional 200,000 tonnes will be sug

Published 18 Dec, 2007 12:00am

Caretaker government decision on mega projects: no more financing through levy of new surcharge

The caretaker government has imposed a ban on financing of mega projects in public sector through levy of any new surcharge, well-placed official sources in the Water and Power Ministry told Business Recorder on Monday.

Published 18 Dec, 2007 12:00am

Tanzanian coffee prices mixed

Tanzania coffee prices were mixed at last week's auction with most bottom prices easing, while top prices firmed, helped by increased demand and improved quality, traders said on Monday. The Tanzania Coffee Board said 33,322 60-kg bags were offered for sa

Published 18 Dec, 2007 12:00am

Caretaker government decision on mega projects: no more financing through levy of new surcharge

The caretaker government has imposed a ban on financing of mega projects in public sector through levy of any new surcharge, well-placed official sources in the Water and Power Ministry told Business Recorder on Monday.

Published 18 Dec, 2007 12:00am

Russian grain trade sees January wheat export ban

The grain market expects the Russian government to slap a ban on wheat exports in January, containing the rise of export prices last week, analysts said. "In spite of rising world prices, Russian wheat export forward prices rose slightly to $340 per tonne

Published 18 Dec, 2007 12:00am

Punjab government asked to appoint 500 more civil judges

The federal government has asked the Punjab government to appoint 500 more Civil Judges to clear the backlog of cases in the lower courts. The caretaker Minister for Law and Justice, Afzal Haider, held a meeting here on Monday to discuss threadbare the pr

Published 18 Dec, 2007 12:00am

US Midwest corn and soyabean bids mixed

Spot basis bids for corn and soyabeans were mixed at processors and grain elevators around the US Midwest on Monday due to scattered country movement in recent weeks, grain dealers said. Some dealers who have booked sales of corn and soyabeans were able t

Published 18 Dec, 2007 12:00am

'Rashid's uncle helped in escape'

The Briton suspected of a plane bombing plot who escaped from custody got away after police let his uncle drive him back to jail following a court appearance, a security official said on Monday.

Published 18 Dec, 2007 12:00am

HRW wheat bids holding steady

US Plains hard red winter wheat basis bids were holding steady on Monday, with little movement noted as the holiday approached, grain merchants said. Demand was focused on higher protein supplies as premiums for rail car wheat to and through Kansas City g

Published 18 Dec, 2007 12:00am

Government restrained from setting up FHC

A Full Bench of Lahore High Court (LHC) on a petition, filed by a senior bar member, Hasan Nawaz, has stopped the government from taking any step to establish Federal High Court (FHC) for Islamabad Capital Territory till further orders, and adjourned hear

Published 18 Dec, 2007 12:00am

Japan seeks to buy foreign rice

The Ministry of Agriculture plans to buy a total 118,000 tonnes of foreign rice for processed food and alcohol use in a regular tender closing on Friday, a ministry official said on Monday. Of the total, the ministry is seeking 40,000 tonnes of Thai rice,

Published 18 Dec, 2007 12:00am

Government restrained from setting up FHC

A Full Bench of Lahore High Court (LHC) on a petition, filed by a senior bar member, Hasan Nawaz, has stopped the government from taking any step to establish Federal High Court (FHC) for Islamabad Capital Territory till further orders, and adjourned hear

Published 18 Dec, 2007 12:00am

Italy maize import jumps, wheat falls

Maize imports to Italy jumped to 1,696,371 tonnes in the first nine months of 2007 from 957,440 tonnes in the same period a year earlier, Italian cereals body Anacer said on Monday. Italy is Europe's second-biggest maize producer after France but still ne

Published 18 Dec, 2007 12:00am

KSE index down 12.31 points

Karachi share market on Monday started on a positive note and the KSE-100 index hit 14,635.34 points intra-day high level, but it could not maintain its momentum due to lack of foreign and local investors interest.

Published 18 Dec, 2007 12:00am

Singapore bunker fuel prices rise

Singapore bunker prices rose as tightening supplies squeezed the market on Monday, while the differentials to fuel oil cargoes widened. Prices for the 380-centistoke (cst) grade rose $4.00 to $479-$481 a tonne, while its discount extended 25 cents to $1.2

Published 18 Dec, 2007 12:00am

KSE index down 12.31 points

Karachi share market on Monday started on a positive note and the KSE-100 index hit 14,635.34 points intra-day high level, but it could not maintain its momentum due to lack of foreign and local investors interest.

Published 18 Dec, 2007 12:00am

Til prices lower in grain market

Subdued trading was seen in grain market on Monday as most of the commodities held their weekend levels, dealers said. Except a change in the til prices on seed side, all the commodity items maintained the last levels, til low type was sharply lower by Rs

Published 18 Dec, 2007 12:00am

KSE index down 12.31 points

Karachi share market on Monday started on a positive note and the KSE-100 index hit 14,635.34 points intra-day high level, but it could not maintain its momentum due to lack of foreign and local investors interest.

Published 18 Dec, 2007 12:00am

South Korea buys aluminium ingot, nickel

South Korea has bought 6,000 tonnes of primary aluminium ingot and 200 tonnes of nickel cathode, an official at the state-run Public Procurement Service (PPS) said on Monday. BHP Billiton Marketing AG will supply 4,000 tonnes of Western ingot at a premium

Published 18 Dec, 2007 12:00am

BRIndex30 sheds 7.33 points

On Monday BRIndex30 opened in the green zone at 16,087.23, with an upward gap of 71.01 points. It closed at 16,008.89 with a net negative change of -7.33 points and percentage change of -0.05. It showed intra-day high of 16,135.91 and intra-day low of 15,

Published 18 Dec, 2007 12:00am

Prices firm amid low business on cotton market

Some mills were active in the cotton market on Monday to cover the forward buying in anticipation of expected rise in the prices as a result of short aupply, dealers said. The Karachi Cotton Association (KCA) official spot rate was unchanged at Rs 3000, t

Published 18 Dec, 2007 12:00am

BRIndex30 sheds 7.33 points

On Monday BRIndex30 opened in the green zone at 16,087.23, with an upward gap of 71.01 points. It closed at 16,008.89 with a net negative change of -7.33 points and percentage change of -0.05. It showed intra-day high of 16,135.91 and intra-day low of 15,

Published 18 Dec, 2007 12:00am

Oil cake market rates

Listless trading was seen in the forward cottonseed oilcake market on Monday as most of the buyers remained on the sidelines due to want of buying interest, dealers said. The December vaida opened with no change at Rs 590.50 and closing was seen at the sa

Published 18 Dec, 2007 12:00am

Pak-China Investment Company launched

Caretaker Federal Finance Minister Dr Salman Shah has said that China and Pakistan have decided to increase volume of trade from the existing $5 billion to $15 billion in the next five years. He was speaking at the launch of Pak-China Investment Company L

Published 18 Dec, 2007 12:00am

Sun drives black pod from east Ivorian cocoa farms

Damp-loving black pod disease which had destroyed thousands of cocoa pods on farms in eastern Ivory Coast is retreating as rainfall eases, giving way to hot, sunny weather, local farmers said.

Published 18 Dec, 2007 12:00am

Pak-China Investment Company launched

Caretaker Federal Finance Minister Dr Salman Shah has said that China and Pakistan have decided to increase volume of trade from the existing $5 billion to $15 billion in the next five years. He was speaking at the launch of Pak-China Investment Company L

Published 18 Dec, 2007 12:00am

Jakarta exchange to relaunch coffee, CPO futures

The Jakarta Futures Exchange plans to relaunch trading of robusta coffee and crude palm oil contracts to benefit from higher prices, the exchange's president director said on Monday. The exchange plans to trade the contracts in the second quarter of 2008

Published 18 Dec, 2007 12:00am

Pak-China Investment Company launched

Caretaker Federal Finance Minister Dr Salman Shah has said that China and Pakistan have decided to increase volume of trade from the existing $5 billion to $15 billion in the next five years. He was speaking at the launch of Pak-China Investment Company L

Published 18 Dec, 2007 12:00am

Message from President of Pakistan

I am very pleased to learn about the launching of Pak-China Investment Company. Pak-China ties have withstood the test of time. We are grateful to China having been associated with Pakistan's economic development now for decades.

Published 18 Dec, 2007 12:00am

Indonesian palm oil prices gain

Indonesian palm oil prices extended gains on Monday on a softer rupiah against the US dollar and rises in Malaysian palm oil futures. The state marketing centre in Jakarta sold crude palm oil at 8,039 rupiah ($0.857) a kg, up from 7,966 rupiah free on boa

Published 18 Dec, 2007 12:00am

Indonesian economy seen stable

Indonesia's economic outlook for next year is stable, but the poor of Southeast Asia's biggest economy look set to gain few of the benefits, experts said Monday. Strong domestic consumption and overseas demand for commodities were likely to push economic

Published 18 Dec, 2007 12:00am

UN warns economic collapse may hit Gaza

The United Nations warned on Monday that Israeli restrictions on the Hamas-run Gaza Strip are pushing the local economy to the brink of collapse with production reduced to 11 percent of capacity.

Published 18 Dec, 2007 12:00am

China's economy smaller in new measure, still number two: study

The size of China's economy is overestimated by some 40 percent based on most current measures, but it is the world's second largest, the World Bank said Monday.

Published 18 Dec, 2007 12:00am

Air One, Air France-KLM unveil Alitalia take-over proposals

Italy's Air One and European giant Air France-KLM on Monday unveiled details of their rival bids for Alitalia, with both proposing a major overhaul of the near-bankrupt Italian flagship's ageing fleet.

Published 18 Dec, 2007 12:00am

FAO urges vouchers to boost food production as prices soar

The head of the UN food agency on Monday urged the use of vouchers to boost food production in poor countries as food and fuel prices continue to soar. The Food and Agriculture Organisation will provide 17 million dollars (12 million euros) "from our own

Published 18 Dec, 2007 12:00am

World Bank doubles Bosnia funding

The World Bank said Monday it had decided to double its funding to Bosnia with additional loans worth 200 million dollars (139 million euros) aimed at priority projects in the war-torn country.

Published 18 Dec, 2007 12:00am

US assails new WTO case against farm subsidies

The Bush administration is disappointed by what it sees as a spurious new case at the World Trade Organisation court against multibillion dollar US farm subsidies, the US government said on Monday.

Published 18 Dec, 2007 12:00am

EU and US strike compensation deal in gambling row

The European Commission dealt a blow to European online gaming companies on Monday when it accepted a US offer of openings in other sectors to compensate for closing the US gambling market to foreign firms.

Published 18 Dec, 2007 12:00am

Global donors pledge $7.4 billion for Palestine

International donors pledged 7.4 billion dollars to the Palestinians Monday at a conference described by US Secretary of State Condoleezza Rice as the "last hope" to save their government from bankruptcy.

Published 18 Dec, 2007 12:00am

Japan and UAE agree on loan deal in energy partnership

Japan and the United Arab Emirates on Monday signed an accord to strengthen economic ties, including a deal for Japanese banks to extend a multibillion-dollar loan to a state-owned Abu Dhabi oil firm. Japan hosted high-level economic talks with the UAE in

Published 18 Dec, 2007 12:00am

'German growth will slow in fourth quarter'

The biggest eurozone economy is going to be slowed down by rising commodity prices, the strength of the euro on world markets and global economic conditions, the German economy ministry said Monday. "The German economy's growth pace should take on a more

Published 18 Dec, 2007 12:00am

Tibet to see record high tourists in 2007

A record four million tourists will have visited Tibet this year thanks to a new railway linking the Himalayan region to the rest of China and another airport, state press reported Monday.

Published 18 Dec, 2007 12:00am

Malaysian palm oil up

Malaysian crude palm oil futures rose 1.5 percent on Monday as robust export numbers from cargo surveyors lifted the market amid worries that rain and floods had affected harvest and transport activities.

Published 18 Dec, 2007 12:00am

India offered 330,000 tonnes wheat at high prices

India on Monday received offers for 330,000 tonnes of wheat from three global firms at sky-high prices against a recent tender, reflecting shrinking supplies and a surge in US wheat futures on strong exports. Cargill emerged as the lowest bidder for the t

Published 18 Dec, 2007 12:00am

Tocom rubber rise

Tokyo rubber futures ended one percent higher on Monday, hovering near a five-week high on the back of firm oil prices and a softer yen. But the market still lacked the momentum to rise significantly as gains were capped by profit-taking.

Published 18 Dec, 2007 12:00am

Eurozone business activity slows to 28-month low

Business activity in the 13-nations sharing the euro slowed more than expected in December, hitting the lowest level in 28 months due to weakness in the service sector, a survey showed Monday.

Published 18 Dec, 2007 12:00am

Thai sugar: trading thin on firm premium

Trading of Thai sugar was thin on Monday and was likely to remain sluggish over the next few weeks as high prices, lifted by rallies of futures contract prices in New York, kept buyers on the sidelines, traders said. The premium on Thai raw sugar was quot

Published 18 Dec, 2007 12:00am

India sugar futures rise

Indian sugar futures rose on Monday as traders squared-off short positions in the December contract and tones, supported by the prospect of strong exports this month. But huge deliveries are likely to weigh on prices in the near-month contract, an analyst

Published 18 Dec, 2007 12:00am

Malaysian tin rebounds

Malaysian tin rose 0.6 percent on Monday, rebounding from the previous session's three-week low as rising London Metal Exchange prices and tight supplies supported the market, one dealer said.

Published 18 Dec, 2007 12:00am

Oil steady as weather, Turkey bombs offset economy

Oil was littled changed on Monday following a $3.00 slide over two days, as a US winter storm and Turkish bombing of Kurdish rebels in northern Iraq countered concerns about a weaker US economy.

Published 18 Dec, 2007 12:00am

Gold regains strength

Gold regained its footing on Monday on firm energy prices and after last week's falls ignited bargain hunting, but investors were unwilling to take large buy positions ahead of year-end holidays. Spot gold hit a high of $798.50 an ounce, also aided by ear

Published 18 Dec, 2007 12:00am

USAS causes revenue loss to exchequer: survey

Over 56 percent of the tax employees have informed the Federal Board of Revenue (FBR) that introduction of Universal Self Assessment Scheme (USAS) has caused revenue loss to the national exchequer. The Federal Board of Revenue (FBR) on Monday released the

Published 18 Dec, 2007 12:00am

Shanghai copper up

Shanghai copper prices ticked higher on Monday, supported by a steadier tone in London, and while prices may continue to test lower, tight supplies will limit downside risks. The February copper contract, the most active on the Shanghai Futures Exchange,

Published 18 Dec, 2007 12:00am

USAS causes revenue loss to exchequer: survey

Over 56 percent of the tax employees have informed the Federal Board of Revenue (FBR) that introduction of Universal Self Assessment Scheme (USAS) has caused revenue loss to the national exchequer. The Federal Board of Revenue (FBR) on Monday released the

Published 18 Dec, 2007 12:00am

Wheat crosses $10 first time

US wheat futures surged more than 3 percent on Monday and surpassed $10 a bushel for the first time as strong US export numbers amid dwindling world supplies prompted funds and investors to rush to cover positions.

Published 18 Dec, 2007 12:00am

USAS causes revenue loss to exchequer: survey

Over 56 percent of the tax employees have informed the Federal Board of Revenue (FBR) that introduction of Universal Self Assessment Scheme (USAS) has caused revenue loss to the national exchequer. The Federal Board of Revenue (FBR) on Monday released the

Published 18 Dec, 2007 12:00am

Asian physical rubber

Asian physical rubber prices were mostly unchanged on Monday, as thin demand offset rises of futures contract prices on the Tokyo Commodity Exchange. Trading was thin as high prices kept buyers on the sidelines. "We expected thin trade from now on as we a

Published 18 Dec, 2007 12:00am

Russia test-fires intercontinental missile

Russia on Monday test-launched a new intercontinental ballistic missile, part of a system that can outperform any anti-missile system likely to be deployed, according to the officer in charge of missile forces.

Published 18 Dec, 2007 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 250,430 tonnes cargo including 191,267 tonnes import, 59,163 tonnes export cargo and 3,676 containers (TEUs) during last 48 hours ending at 0700 hours on Monday.

Published 18 Dec, 2007 12:00am

Russia test-fires intercontinental missile

Russia on Monday test-launched a new intercontinental ballistic missile, part of a system that can outperform any anti-missile system likely to be deployed, according to the officer in charge of missile forces.

Published 18 Dec, 2007 12:00am

European credit spreads widen

European credit spreads nudged wider on Monday, but trading volumes were light heading closer to the Christmas holiday with attention focused on US bank earnings and housing data later in the week.

Published 18 Dec, 2007 12:00am

Pakistan Economic Indicators

Pakistan economic indicators - December 17, 2007

Published 18 Dec, 2007 12:00am

PDIL awarded Manzali gas field project in NWFP

Presson Descon International Ltd (PDIL), a leading engineering, procurement, construction and commissioning company, has been awarded the Manzali Gas Field Development Project in NWFP.

Published 18 Dec, 2007 12:00am

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (December 17, 2007).

Published 18 Dec, 2007 12:00am

PPRA rejects MOL claim

The Public Procurement Regulatory Authority (PPRA) has rejected MoL, Pakistan, a Hungarian oil and gas exploration and production (E&P) company's claim that it does not fall into its jurisdiction and asked the Ministry of Petroleum (MoP) to thoroughly inv

Published 18 Dec, 2007 12:00am

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (December 17, 2007).

Published 18 Dec, 2007 12:00am

WHO team arrives to probe bird flu cases

A three-member expert team from Geneva is in Pakistan to provide technical assistance regarding avian influenza and to find the causes of bird flu outbreak in NWFP, sources told Business Recorder here on Monday. They said that the team would visit

Published 18 Dec, 2007 12:00am

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (December 17, 2007).

Published 18 Dec, 2007 12:00am

Wheat crisis to stay till Eid in twin cities

The residents of twin cities would have to brave the wheat crisis till Eid-ul-Azha as the commodity stored in the godowns of the twin cities have been used up, sources told Business Recorder here on Monday.

Published 18 Dec, 2007 12:00am

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (December 17, 2007).

Published 18 Dec, 2007 12:00am

Two tax measures fail to meet budget target in first quarter

The two major taxation measures ie presumptive tax regime (PTR) for 5,000 CNG stations and withholding tax on purchase of locally manufactured cars have failed to meet the budget 2007-08 projections.

Published 18 Dec, 2007 12:00am

Rates of spices and other allied commodities

Rates of spices and other allied commodities in rupees prevailing on the commodity markets in Karachi on Monday (December 17, 2007).

Published 18 Dec, 2007 12:00am

ICMAP seeks excellence to uplift education standard

The Institute of Cost and Management Accountants of Pakistan (ICMAP) believes in continuous improvement of the curriculum to equip students with the latest knowledge up to their expectations to compete in the corporate sector.

Published 18 Dec, 2007 12:00am

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Monday (December 17, 2007).

Published 18 Dec, 2007 12:00am

MoU signed to introduce AutoPlus

The Pakistan Automotive Parts and Accessories Manufacturers Association, the SME Business Support Fund and the Pakistan Software Export Board have signed a memorandum of understanding introducing AutoPlus and establishing a framework to promote it over 20

Published 18 Dec, 2007 12:00am

Karachi chemicals and dyes market rates

Chemicals and dyes market rates in rupees on Monday (December 17, 2007).

Published 18 Dec, 2007 12:00am

Strong democracy solution to all ills, says Benazir

Pakistan Peoples Party Chairperson Benazir Bhutto has said that only strong democratic system could ensure the rights of common people and the party would continue its struggle for restoration of complete democracy in the country.

Published 18 Dec, 2007 12:00am

Grain market rates

Karachi grain market rates in rupees on Monday (December 17, 2007).

Published 18 Dec, 2007 12:00am

Shahbaz rules out possibility of seat adjustment with PML-Q

Pakistan Muslim League-Nawaz President Mian Shahbaz Sharif on Monday said the January 8 general elections would be made a referendum for the country's security. He was talking to reporters before leaving for Jaranwala to address a public meeting as part o

Published 18 Dec, 2007 12:00am

Karachi Plastic/Urea Moulding Compounds Rates

Karachi Plastic/Urea Moulding Compounds Rates on Monday (December 17, 2007).

Published 18 Dec, 2007 12:00am

Former minister urges people to exercise voting rights

Former State Minister for Railways, Khalid Ahmed Khan Lund has urged the voters to come out on January 08 cast their votes to make the general elections credible. While talking to Newsmen at his residence on Monday, he said that it is obligatory for the v

Published 18 Dec, 2007 12:00am

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (December 17, 2007).

Published 18 Dec, 2007 12:00am

146 candidates to contest from Kasur

The district Kasur is set to witness a lively contest among 146 candidates for five National Assembly and 10 Provincial Assembly seats during forthcoming general elections. According to details, 45 candidates would contest the election for NA seats from f

Published 18 Dec, 2007 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Monday (December 17, 2007).

Published 18 Dec, 2007 12:00am

Pakistan needs free, fair elections: US

US Secretary of State Condoleezza Rice said on Sunday the lifting of emergency rule in Pakistan by President Pervez Musharraf was a good thing but a free election was needed to move the country towards democracy.

Published 18 Dec, 2007 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (December 17, 2007).

Published 18 Dec, 2007 12:00am

EU urges Pakistan to lift all curbs ahead of polls

The European Commission welcomed on Monday the lifting of emergency rule in Pakistan but called for all restrictions to be removed ahead of elections.

Published 18 Dec, 2007 12:00am

Multan commodities market rates

Commodities market rates in rupees on Monday (December 17, 2007).

Published 18 Dec, 2007 12:00am

Commonwealth urged to restore Pakistan's membership

Federal Minister of Information and Broadcasting Senator Nisar A Memon Monday urged the Commonwealth to restore Pakistan's membership, saying that he would be the first person to welcome the observers from the Commonwealth after the goodwill gesture.

Published 18 Dec, 2007 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Monday (December 17, 2007).

Published 18 Dec, 2007 12:00am

Benazir and Nawaz will not receive public support: Fazl

Jamiat Ulema-e-Islam Chief Maulana Fazlur Rehman claimed on Monday that the two former prime ministers would not receive public support in the January 8 general elections. Addressing a public gathering at Tehsil Parvoa here, he said that Benazir Bhutto an

Published 18 Dec, 2007 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Monday (December 17, 2007).

Published 18 Dec, 2007 12:00am

Election petition of Akhter Rasool dismissed

A full bench of the Lahore High Court (LHC) has dismissed an election petition of former Member of the Provincial Assembly, Akhtar Rasool and others challenging the decisions by returning officers. Petitions of Samiullah, Mehr Mehmood Ahmed, Muhammad Azam

Published 18 Dec, 2007 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (December 17, 2007).

Published 18 Dec, 2007 12:00am

Five women contestant from Faisalabad

Only five female candidates are contesting general election-2008 from the district Faisalabad. Four of them belong to various political parties while one is an independent candidate.

Published 18 Dec, 2007 12:00am

LME official prices

LME official prices on Friday.

Published 18 Dec, 2007 12:00am

PML-Q completes process of fielding candidates

President Pakistan Muslim League (Q) Chaudhry Shujaat Hussain has said that his party has completed process of fielding candidates for elections in the country on each and every seat. He told PTV on Monday that since fielding of candidates was completed,

Published 18 Dec, 2007 12:00am

LME official prices

LME official prices on Friday.

Published 18 Dec, 2007 12:00am

Currency	Rate
USD PKR Interbank Selling / May 13	281.73
USD PKR Interbank Buying / May 13	281.53
USD to Japanese Yen / May 13	147.90
USD to Swiss Franc / May 13	0.84
Pound Sterling to USD / May 13	1.32
Euro to USD / May 13	1.11
UK LIBOR % / May 12	4.96

Stock	Volume
S&P 500 / May 12	5,844.19
Nasdaq / May 12	18,708.34
Dow Jones / May 12	42,410.10
India Sensex / May 13	81,726.97
Tokyo Nikkei / May 13	38,305.85
Hang Seng / May 13	23,188.20
FTSE 100 / May 13	8,606.55
Germany DAX 30 / May 13	23,595.02
France CAC40 / May 13	7,859.80

Item	Value
Karachi Cotton PKR/37.32 KG / May 12	16,985
Gold 10 Grams PKR / May 12	291,923
Crude Oil USD/Barrel / May 13	61.90
Gold Spot USD/Ounce / May 13	3,253.26
Cotton US¢/pound / May 13	66.85
Petrol/Litre / May 14	252.63
Diesel/Litre / May 14	256.64

Stock	Price
Grays Leasing / May 13 Grays Leasing Limited(GRYL)	4.51 ▲ 0.72 (19%)
TPL Trakker Ltd / May 13 TPL Trakker Limited(TPLT)	6.59 ▲ 1 (17.89%)
Al-Shaheer Corp / May 13 Al Shaheer Corporation Limited(ASC)	6.88 ▲ 1 (17.01%)
B. F. Mod. / May 13 B.F. Modaraba(BFMOD)	8.34 ▲ 1 (13.62%)
Burj Clean Energy Modaraba / May 13 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.11 ▲ 1 (12.33%)
Mahanna Islamic Index / May 13 Mahanna Islamic Index Traded Fund(MIIETF)	15.47 ▲ 1.65 (11.94%)
Haseeb Waqas / May 13 Haseeb Waqas Sugar Mills Limited(HWQS)	9.59 ▲ 1 (11.64%)
Gulshan Sp. / May 13 Gulshan Spinning Mills Limited(GSPM)	3.40 ▲ 0.35 (11.48%)
Ghazi Fabrics / May 13 Ghazi Fabrics International Limited(GFIL)	10.17 ▲ 1 (10.91%)
PIA Holding Co.Ltd / May 13 PIA Holding Company Limited(PIAHCLA)	14.80 ▲ 1.35 (10.04%)

Stock	Price
Power Cem(Pref) / May 13 Power Cement (Pref)(POWERPS)	15.35 ▼ -1.71 (-10.02%)
Bilal Fibres / May 13 Bilal Fibres Limited(BILF)	19.59 ▼ -2.18 (-10.01%)
TPL Life Insur. / May 13 TPL Life Insurance Limited(TPLL)	46.80 ▼ -5.2 (-10%)
Din Tex. / May 13 Din Textile Mills Limited(DINT)	45 ▼ -4.99 (-9.98%)
Mughal Energy / May 13 Mughal Energy Limited(GEM)(GEMMEL)	19.90 ▼ -2.12 (-9.63%)
Suhail Jute / May 13 Suhail Jute Mills Limited(SUHJ)	78.36 ▼ -8.24 (-9.52%)
First Punjab Modaraba / May 13 First Punjab Modaraba(FPJM)	2.77 ▼ -0.28 (-9.18%)
Parmount Sp. / May 13 Paramount Spinning Mills Limited(PASM)	3.36 ▼ -0.31 (-8.45%)
First AL-Noor Mod. / May 13 First Al-Noor Modaraba(FANM)	2.95 ▼ -0.25 (-7.81%)
First IBL Mod. / May 13 First IBL Modaraba(FIBLM)	3 ▼ -0.24 (-7.41%)

Stock	Volume
WorldCall Telecom / May 13 Worldcall Telecom Limited(WTL)	41,734,903 ▼ -0.06
Maple Leaf Cement / May 13 Maple Leaf Cement Factory Limited(MLCF)	41,052,877 ▲ 6.27
Sui South Gas / May 13 Sui Southern Gas Company Limited(SSGC)	35,773,773 ▲ 2.33
Oil & Gas Dev. / May 13 Oil & Gas Development Company Limited(OGDC)	30,912,153 ▲ 15.65
B.O.Punjab / May 13 The Bank of Punjab(BOP)	24,175,098 ▼ -0.16
Cnergyico PK / May 13 Cnergyico PK Limited(CNERGY)	24,174,880 ▼ -0.09
K-Electric Ltd. / May 13 K-Electric Limited(KEL)	23,803,446 ▼ -0.22
At-Tahur Ltd. / May 13 At-Tahur Limited(PREMA)	21,754,749 ▼ -3.25
Fauji Cement / May 13 Fauji Cement Company Limited(FCCL)	20,681,855 ▲ 1.82
D.G.K.Cement / May 13 D.G. Khan Cement Company Limited(DGKC)	19,785,523 ▲ 10.35

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