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Nov 26, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2008-01-12
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Friday (January 11, 2008).

Published 12 Jan, 2008 12:00am
Growing trend observed for Shariah compliant banking

Growing trend observed for Shariah compliant banking

It is predicted that in 3 to 5 years' time, Islamic Banking sub sector will become equal to the 12 per cent of the total value of the financial sector in Pakistan. And in doing so, it will help the global Islamic sector to exceed USD 1 Trillion, if not cl
Published 12 Jan, 2008 12:00am
PC's proposal termed conspiracy against CNG industry

PC's proposal termed conspiracy against CNG industry

The Government of Pakistan has introduced investor friendly CNG policy through SRO 38(I)/1998 and offer incentives to attract investors to achieve (1) supply of cheaper fuels to customers (2) Pollution free cleaner and greener Pakistan (3) To save foreign
Published 12 Jan, 2008 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 12 Jan, 2008 12:00am
Larkana DCO asks sufferers to file claim forms

Larkana DCO asks sufferers to file claim forms

District Co-ordination Officer (DCO) Larkana Ghulam Mustafa Phul has announced that those who had suffered loss/damage of their property and life during the unpleasant incidents following the assassination of Shaheed Benazir Bhutto may get claim forms fro
Published 12 Jan, 2008 12:00am
DCOs meeting today

DCOs meeting today

A meeting of co-ordination officers of all districts will take place on Saturday to be chaired by Punjab Chief Secretary Salman Siddique.
Published 12 Jan, 2008 12:00am
US Consul General lauds CDGK efforts

US Consul General lauds CDGK efforts

US Consul General Kay Anske on Friday praised the City District Government Karachi (CDGK) for its efforts in line with human and infrastructure development in Karachi.
Published 12 Jan, 2008 12:00am
E&T Dept shows good performance under minister's directives

E&T Dept shows good performance under minister's directives

Within a short span of two month, the Excise and Taxation (E&T) department seized 3,804 kilogram good quality Hashish worth billions of rupees in the under-world markets abroad and 2,030 litre raw liquor and arrested 22 culprits who were challaned in the
Published 12 Jan, 2008 12:00am
'Chinese bike makers need no EDB certificate for registration'

'Chinese bike makers need no EDB certificate for registration'

Chinese Motorcycles manufactures, whose registration was banned on violation of SRO 656(1) 2006, have said that they are not required to submit the Engineering Development Board (EDB) certificate for registration, it was learnt.
Published 12 Jan, 2008 12:00am
Key militant commander held

Key militant commander held

The local police and security forces in a joint raid over a private hospital in Saidu Sharif area on Friday rounded up an under-treatment key militant commander and five other suspects.
Published 12 Jan, 2008 12:00am
Key militant commander held

Key militant commander held

The local police and security forces in a joint raid over a private hospital in Saidu Sharif area on Friday rounded up an under-treatment key militant commander and five other suspects.
Published 12 Jan, 2008 12:00am
Sub judice machinery import dispute: FBR ruling after ADRC body finding

Sub judice machinery import dispute: FBR ruling after ADRC body finding

The Federal Board of Revenue (FBR) will give decision on the findings of Alternative Dispute Resolution Committee (ADRC) for settlement of an old controversy whether accurate customs duty was paid on the import of machinery by some cement manufacturers.
Published 12 Jan, 2008 12:00am
Sub judice machinery import dispute: FBR ruling after ADRC body finding

Sub judice machinery import dispute: FBR ruling after ADRC body finding

The Federal Board of Revenue (FBR) will give decision on the findings of Alternative Dispute Resolution Committee (ADRC) for settlement of an old controversy whether accurate customs duty was paid on the import of machinery by some cement manufacturers.
Published 12 Jan, 2008 12:00am
Sub judice machinery import dispute: FBR ruling after ADRC body finding

Sub judice machinery import dispute: FBR ruling after ADRC body finding

The Federal Board of Revenue (FBR) will give decision on the findings of Alternative Dispute Resolution Committee (ADRC) for settlement of an old controversy whether accurate customs duty was paid on the import of machinery by some cement manufacturers.
Published 12 Jan, 2008 12:00am
Italy's Berlusconi mailed bullet shell, threat

Italy's Berlusconi mailed bullet shell, threat

Former Italian Prime Minister Silvio Berlusconi and his brother were mailed two bullet casings accompanied by death threats on Friday, Berlusconi's Il Giornale newspaper said.
Published 12 Jan, 2008 12:00am
Italy's Berlusconi mailed bullet shell, threat

Italy's Berlusconi mailed bullet shell, threat

Former Italian Prime Minister Silvio Berlusconi and his brother were mailed two bullet casings accompanied by death threats on Friday, Berlusconi's Il Giornale newspaper said.
Published 12 Jan, 2008 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (January 11, 2008).

Published 12 Jan, 2008 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (January 11, 2008).

Published 12 Jan, 2008 12:00am
89 basis points rise in banks lending rates

89 basis points rise in banks lending rates

The average banking sector spread declined to 7.31 percent in 11 months of 2007 up to November, down by 9 basis points (bps) from the average spread of 7.39 percent recorded in the corresponding period in 2006.
Published 12 Jan, 2008 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (January 11, 2008).

Published 12 Jan, 2008 12:00am
89 basis points rise in banks lending rates

89 basis points rise in banks lending rates

The average banking sector spread declined to 7.31 percent in 11 months of 2007 up to November, down by 9 basis points (bps) from the average spread of 7.39 percent recorded in the corresponding period in 2006.
Published 12 Jan, 2008 12:00am
89 basis points rise in banks lending rates

89 basis points rise in banks lending rates

The average banking sector spread declined to 7.31 percent in 11 months of 2007 up to November, down by 9 basis points (bps) from the average spread of 7.39 percent recorded in the corresponding period in 2006.
Published 12 Jan, 2008 12:00am
Pakistan has to import 1000 megawatts power from Iran

Pakistan has to import 1000 megawatts power from Iran

Textile sector, the main foreign exchange earner of Pakistan, is facing host of problems for which it has to import 1000 MW electricity from Iran under an agreement to be implemented from 2013-14, informed sources in Textile Ministry told Business Reco
Published 12 Jan, 2008 12:00am
Top Nepra slot: minister using clout to get favourite posted

Top Nepra slot: minister using clout to get favourite posted

A caretaker federal minister is trying to use his influence for the selection of his favourite as Chairman of National Electric Power Regulatory Authority (Nepra), a post lying vacant after the retirement of Saeed-uz-Zafar on September 27, 2007.
Published 12 Jan, 2008 12:00am
Top Nepra slot: minister using clout to get favourite posted

Top Nepra slot: minister using clout to get favourite posted

A caretaker federal minister is trying to use his influence for the selection of his favourite as Chairman of National Electric Power Regulatory Authority (Nepra), a post lying vacant after the retirement of Saeed-uz-Zafar on September 27, 2007.
Published 12 Jan, 2008 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (January 11, 2008).

Published 12 Jan, 2008 12:00am
Thai Airways says cutting flights to Pakistan

Thai Airways says cutting flights to Pakistan

Thai Airways International said on Friday it would cut flights to Pakistan as demand has fallen amid political unrest following the martyrdom of Benazir Bhutto. The flag carrier will reduce its services from Bangkok to Lahore to five flights per week from
Published 12 Jan, 2008 12:00am
Thai Airways says cutting flights to Pakistan

Thai Airways says cutting flights to Pakistan

Thai Airways International said on Friday it would cut flights to Pakistan as demand has fallen amid political unrest following the martyrdom of Benazir Bhutto. The flag carrier will reduce its services from Bangkok to Lahore to five flights per week from
Published 12 Jan, 2008 12:00am
Thai Airways says cutting flights to Pakistan

Thai Airways says cutting flights to Pakistan

Thai Airways International said on Friday it would cut flights to Pakistan as demand has fallen amid political unrest following the martyrdom of Benazir Bhutto. The flag carrier will reduce its services from Bangkok to Lahore to five flights per week from
Published 12 Jan, 2008 12:00am
Oil companies asked to ensure minimum use of electricity

Oil companies asked to ensure minimum use of electricity

Caretaker Minister for Petroleum and Natural Resources Ahsanullah Khan has directed all the petroleum companies working under the domain of his ministry to use minimum electricity in their offices in order to overcome power crisis in the country.
Published 12 Jan, 2008 12:00am
Pakistan seen big buyer of wheat

Pakistan seen big buyer of wheat

Pakistan, which this week relaxed terms of tenders for importing 610,000 tons wheat to ensure wider participation, is likely to buy major volumes to build stocks and rein in prices.
Published 12 Jan, 2008 12:00am
Pakistan seen big buyer of wheat

Pakistan seen big buyer of wheat

Pakistan, which this week relaxed terms of tenders for importing 610,000 tons wheat to ensure wider participation, is likely to buy major volumes to build stocks and rein in prices.
Published 12 Jan, 2008 12:00am
Pakistan seen big buyer of wheat

Pakistan seen big buyer of wheat

Pakistan, which this week relaxed terms of tenders for importing 610,000 tons wheat to ensure wider participation, is likely to buy major volumes to build stocks and rein in prices.
Published 12 Jan, 2008 12:00am
Flour and energy crises trigger protests in NWFP

Flour and energy crises trigger protests in NWFP

The prevailing severe flour crisis, hours long power and gas load shedding and upward trend in the prices of essential commodities are triggering protest in the North West Frontier Province (NWFP) of the country.
Published 12 Jan, 2008 12:00am
Curfew lifted in Kurram Agency

Curfew lifted in Kurram Agency

Peace and clam back to Kurram Agency as curfew has been lifted in Parachinar, however, tight security blanket has been made for peaceful observance of Muharram beginning on Friday.
Published 12 Jan, 2008 12:00am
Edmund Hillary, first atop Everest, passes away

Edmund Hillary, first atop Everest, passes away

Edmund Hillary, the modest New Zealand beekeeper who shot to global fame as the first person to climb Mount Everest, died Friday at age 88. A hero to millions for his derring-do, dry wit and dedication to others - he spent much of his life working to help
Published 12 Jan, 2008 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (January 11, 2008).

Published 12 Jan, 2008 12:00am
Edmund Hillary, first atop Everest, passes away

Edmund Hillary, first atop Everest, passes away

Edmund Hillary, the modest New Zealand beekeeper who shot to global fame as the first person to climb Mount Everest, died Friday at age 88. A hero to millions for his derring-do, dry wit and dedication to others - he spent much of his life working to help
Published 12 Jan, 2008 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (January 11, 2008).
Published 12 Jan, 2008 12:00am
Canada's economy sheds jobs in December

Canada's economy sheds jobs in December

Job losses in Canada were worse than expected in December, beating even the most pessimistic forecasts with the biggest drop since May 2003 as manufacturers struggled with a strong currency and weak US market.
Published 12 Jan, 2008 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 Friday (January 11, 2008).

Published 12 Jan, 2008 12:00am
UBS warns of difficult year ahead

UBS warns of difficult year ahead

Swiss banking giant UBS on Friday warned of a "difficult" year ahead after losing 10 billion dollars (6.8 billion euros) in the US subprime mortgage crisis. "The problems that the financial industry faces have not evaporated with the turn of the year ...
Published 12 Jan, 2008 12:00am
US officer cleared in Abu Ghraib abuse

US officer cleared in Abu Ghraib abuse

A US general has thrown out the conviction of the sole US officer charged over the abuse at Baghdad's Abu Ghraib jail, even though he was only fined and reprimanded for disobeying an order, the US Army said Thursday.
Published 12 Jan, 2008 12:00am
South Korea terminates first multipurpose satellite

South Korea terminates first multipurpose satellite

South Korea is ending the mission of its first multipurpose satellite, launched in 1999, after losing contact with it at the end of December, its space agency said on Friday.
Published 12 Jan, 2008 12:00am
ISE index sheds 32.64 points

ISE index sheds 32.64 points

Major brokers and investors offloaded their positions on the last working day of the week at the Islamabad Stock Exchange (ISE) where cautious investors remained at the sidelines to avoid heavy losses amid decrease in index.
Published 12 Jan, 2008 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 Friday (January 11, 2008).

Published 12 Jan, 2008 12:00am
ISE index sheds 32.64 points

ISE index sheds 32.64 points

Major brokers and investors offloaded their positions on the last working day of the week at the Islamabad Stock Exchange (ISE) where cautious investors remained at the sidelines to avoid heavy losses amid decrease in index.
Published 12 Jan, 2008 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 Friday (January 11, 2008).

Published 12 Jan, 2008 12:00am
LSE extends losses

LSE extends losses

The share prices have extended the overnight falls on the Lahore Stock Exchange (LSE) on the last trading day in the week, undergoing a fresh loss of 1.20 percent amid high tensions caused by lawlessness gripping the market after the Lahore suicide attack
Published 12 Jan, 2008 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 Friday (January 11, 2008).

Published 12 Jan, 2008 12:00am
LSE extends losses

LSE extends losses

The share prices have extended the overnight falls on the Lahore Stock Exchange (LSE) on the last trading day in the week, undergoing a fresh loss of 1.20 percent amid high tensions caused by lawlessness gripping the market after the Lahore suicide attack
Published 12 Jan, 2008 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm
Published 12 Jan, 2008 12:00am
BRIndex30 sheds 205.72 points

BRIndex30 sheds 205.72 points

On Friday, BRIndex30 opened at 15,298.93. It closed at 15,026.51 with a net negative change of -205.72 points or -1.35 percent. It recorded intra-day high of 15,335.97 and intra-day low of 14,905.94. The volume amounted to 123,255,500, which was 48.13 per
Published 12 Jan, 2008 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 12 Jan, 2008 12:00am
BRIndex30 sheds 205.72 points

BRIndex30 sheds 205.72 points

On Friday, BRIndex30 opened at 15,298.93. It closed at 15,026.51 with a net negative change of -205.72 points or -1.35 percent. It recorded intra-day high of 15,335.97 and intra-day low of 14,905.94. The volume amounted to 123,255,500, which was 48.13 per
Published 12 Jan, 2008 12:00am
Stock market stays bearish

Stock market stays bearish

A bearish trend continued on the Karachi share market on Friday due to prevailing law and order situation and political uncertainty in the country. The KSE-100 index lost another 167.90 points and closed below the 14,000 psychological level at 13,915.04 p
Published 12 Jan, 2008 12:00am
Ivory Coast cocoa prices firm

Ivory Coast cocoa prices firm

Farm-gate prices for cocoa in Ivory Coast's main growing regions remained firm January 1-6, data from the Coffee and Cocoa Bourse (BCC) showed on Friday, with buyers still keen on beans. Data from the BCC for the previous weeks were largely unavailable du
Published 12 Jan, 2008 12:00am
Stock market stays bearish

Stock market stays bearish

A bearish trend continued on the Karachi share market on Friday due to prevailing law and order situation and political uncertainty in the country. The KSE-100 index lost another 167.90 points and closed below the 14,000 psychological level at 13,915.04 p
Published 12 Jan, 2008 12:00am
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