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Print - 2008-02-01
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 01 Feb, 2008 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 01 Feb, 2008 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 01 Feb, 2008 12:00am
HEC to establish Pak-China university in Islamabad

HEC to establish Pak-China university in Islamabad

The Higher Education Commission (HEC), in collaboration with leading engineering universities of China, has announced to establish Pak-China University (PCU) in Islamabad. The visiting delegation of the HEC finalised the decision in China and formally ina
Published 01 Feb, 2008 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Thursday (January 31, 2008).

Published 01 Feb, 2008 12:00am
Former banker Naseem didn't leak inside information

Former banker Naseem didn't leak inside information

A lawyer for a former Credit Suisse Group investment banker accused of insider trading argued on Thursday that the government has failed to prove he did anything but make phone calls to a friend in Pakistan.
Published 01 Feb, 2008 12:00am
Khalid Rasool passes away

Khalid Rasool passes away

Sheikh Khalid Rasool, former principal of Federal Government College, H-9, the father of Al-Ghurair GIGA's PR Manager hammad Rasool passed away on Thursday. He was buried at H-8 graveyard. Al-Ghurair Giga's owners, high officials, his relatives and friend
Published 01 Feb, 2008 12:00am
CDA grants NOC for housing schemes

CDA grants NOC for housing schemes

The Capital Development Authority (CDA), has granted M/s Multi Professional Cooperative Housing Society (Regd), the final NOC, vide letter No. CDA/PLW/UP-HS (90)/mpchs/vol-iii/2003/491, dated 30-01-2008 and No. CDA/PLW/UP-HS (90)/mpchs/vol-iii/2003/492, d
Published 01 Feb, 2008 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 01 Feb, 2008 12:00am
Nawaz calls on Sri Lankan foreign minister

Nawaz calls on Sri Lankan foreign minister

Former prime minister and head of Pakistan Muslim League-Nawaz (PML-N) Mian Nawaz Sharif met with visiting Sri Lankan Foreign Minister Rohitha Bogollagama here on Thursday. During the meeting held at Balochistan House, both the leaders discussed bilateral
Published 01 Feb, 2008 12:00am
Nawaz Sharif calls on US ambassador

Nawaz Sharif calls on US ambassador

The former prime minister and head of Pakistan Muslim League (N) Mian Nawaz Sharif here on Thursday called on US ambassador Anne W Paterson. The meeting was held at Frontier House, in which the matters of mutual interest discussed. Sources told APP that d
Published 01 Feb, 2008 12:00am
Intel ISEF concludes

Intel ISEF concludes

Intel Pakistan Corporation concluded its science festival here on Thursday, after holding science fairs in Sindh, Punjab, NWFP and Balochistan where young scientists projected their talent in science subjects.
Published 01 Feb, 2008 12:00am
Sindh riots victims: Prime Minister approves compensation

Sindh riots victims: Prime Minister approves compensation

Caretaker Prime Minister Mohammedmian Soomro, on the recommendation of the Commission on Damage Assessment, on Thursday approved a compensation of Rs.300,000 each for the heirs of 43 innocent persons who lost their lives during disturbances in Sindh durin
Published 01 Feb, 2008 12:00am
IT department lauded for improving public facilities

IT department lauded for improving public facilities

Caretaker Sindh Health Minister, Fouzia Larri here on Thursday appreciated provincial Information Technology Department for automation of public facilities and capacity-building of concerned staff.
Published 01 Feb, 2008 12:00am
LSE holiday on February five

LSE holiday on February five

The Ultra Trade System and the offices of the Lahore Stock Exchange (LSE) will remain closed on Tuesday, February 5, on account of Kashmir Day, the LSE management announced on Thursday.
Published 01 Feb, 2008 12:00am
Polling stations: PPP seeks deployment of troops

Polling stations: PPP seeks deployment of troops

Chairman of Pakistan People's Party (PPP) election monitoring cell Senator Latif Khousa on Thursday sought deployment of army personnel outside the polling stations on the election day to ensure peace and to get maximum turnout.
Published 01 Feb, 2008 12:00am
Foreign reserves post $133.9 million decline

Foreign reserves post $133.9 million decline

The foreign liquid reserves of the country have declined by $133.9 million during the last week. Statistics of State Bank of Pakistan (SBP) show that total liquid foreign reserves held by the country stood at 15.0743 billion dollar on January 19, 2008 as
Published 01 Feb, 2008 12:00am
Two percent extra sales tax on pesticide importers withdrawn

Two percent extra sales tax on pesticide importers withdrawn

The Federal Board of Revenue (FBR) has withdrawn 2 percent extra sales tax levied on the commercial importers of pesticides. The board has amended SRO.645(I)/2007 through a notification issued on Thursday to remove double taxation on a single category of
Published 01 Feb, 2008 12:00am
Two percent extra sales tax on pesticide importers withdrawn

Two percent extra sales tax on pesticide importers withdrawn

The Federal Board of Revenue (FBR) has withdrawn 2 percent extra sales tax levied on the commercial importers of pesticides. The board has amended SRO.645(I)/2007 through a notification issued on Thursday to remove double taxation on a single category of
Published 01 Feb, 2008 12:00am
Two percent extra sales tax on pesticide importers withdrawn

Two percent extra sales tax on pesticide importers withdrawn

The Federal Board of Revenue (FBR) has withdrawn 2 percent extra sales tax levied on the commercial importers of pesticides. The board has amended SRO.645(I)/2007 through a notification issued on Thursday to remove double taxation on a single category of
Published 01 Feb, 2008 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Thursday (January 31, 2008).

Published 01 Feb, 2008 12:00am
Two percent extra sales tax on pesticide importers withdrawn

Two percent extra sales tax on pesticide importers withdrawn

The Federal Board of Revenue (FBR) has withdrawn 2 percent extra sales tax levied on the commercial importers of pesticides. The board has amended SRO.645(I)/2007 through a notification issued on Thursday to remove double taxation on a single category of
Published 01 Feb, 2008 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Thursday (January 31, 2008).

Published 01 Feb, 2008 12:00am
Two percent extra sales tax on pesticide importers withdrawn

Two percent extra sales tax on pesticide importers withdrawn

The Federal Board of Revenue (FBR) has withdrawn 2 percent extra sales tax levied on the commercial importers of pesticides. The board has amended SRO.645(I)/2007 through a notification issued on Thursday to remove double taxation on a single category of
Published 01 Feb, 2008 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Thursday (January 31, 2008).

Published 01 Feb, 2008 12:00am
Textile workers and owners protest against closure of units

Textile workers and owners protest against closure of units

Thousands of jobless textile workers staged protestation here on Thursday in front of their closed industrial units in Khurrianwala Industrial Estate, while industries' owners and exporters staged demonstration at Pakistan Textile Exporters Association (P
Published 01 Feb, 2008 12:00am
KKI closing rates of currency notes

KKI closing rates of currency notes

Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Thursday (January 31, 2008).

Published 01 Feb, 2008 12:00am
'CNG supply to start easing within fortnight'

'CNG supply to start easing within fortnight'

Sui Northern Gas Managing Director Rashid Lon on Thursday said that gas supply of only gas stations has been cut off, which are located in congested areas as domestic consumers have more right over gas than CNG stations.
Published 01 Feb, 2008 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (January 31, 2008).

Published 01 Feb, 2008 12:00am
Bullish trend in ISE

Bullish trend in ISE

Gainers outclassed losers at the Islamabad Stock Exchange (ISE) where buying spree in trend-setters moved the entire ready-board in downward direction amid increase in index. ISE-10 Index showed an increase of 5.91 points, as it moved from 2,900.32 to 2,9
Published 01 Feb, 2008 12:00am
Bullish trend in ISE

Bullish trend in ISE

Gainers outclassed losers at the Islamabad Stock Exchange (ISE) where buying spree in trend-setters moved the entire ready-board in downward direction amid increase in index. ISE-10 Index showed an increase of 5.91 points, as it moved from 2,900.32 to 2,9
Published 01 Feb, 2008 12:00am
Three projects of 600MW to come on stream in a year

Three projects of 600MW to come on stream in a year

Three power projects of 600 MW capacity, currently being processed by the Private Power Infrastructure Board, have been scheduled to start generation within a year to help minimise demand-supply gap, official sources told Business Recorder.
Published 01 Feb, 2008 12:00am
LSE stays range-bound

LSE stays range-bound

The share market, the Lahore Stock Exchange (LSE), has hardly seen a change in sentiment with the equities continuing painting a dull picture to finish with a nominal gain while volume is further lowering.
Published 01 Feb, 2008 12:00am
LSE stays range-bound

LSE stays range-bound

The share market, the Lahore Stock Exchange (LSE), has hardly seen a change in sentiment with the equities continuing painting a dull picture to finish with a nominal gain while volume is further lowering.
Published 01 Feb, 2008 12:00am
Rs 509.7 billion taxes collected in July-January

Rs 509.7 billion taxes collected in July-January

The Federal Board of Revenue (FBR) has collected Rs 509.7 billion during the first seven months (July-January) of 2007-08 against Rs 462.7 billion in the corresponding period last year, showing a growth of 10.2 percent.
Published 01 Feb, 2008 12:00am
Rs 509.7 billion taxes collected in July-January

Rs 509.7 billion taxes collected in July-January

The Federal Board of Revenue (FBR) has collected Rs 509.7 billion during the first seven months (July-January) of 2007-08 against Rs 462.7 billion in the corresponding period last year, showing a growth of 10.2 percent.
Published 01 Feb, 2008 12:00am
Rs 509.7 billion taxes collected in July-January

Rs 509.7 billion taxes collected in July-January

The Federal Board of Revenue (FBR) has collected Rs 509.7 billion during the first seven months (July-January) of 2007-08 against Rs 462.7 billion in the corresponding period last year, showing a growth of 10.2 percent.
Published 01 Feb, 2008 12:00am
Lawyers observe 'Iftikhar Day'

Lawyers observe 'Iftikhar Day'

Riot police on Thursday laid several layers of barbed wired to stop a few hundred protesting lawyers marching towards the residence of deposed chief justice Iftikhar Chaudhry to commemorate a day to honour the twice removed top jurist. In a bid to pay hom
Published 01 Feb, 2008 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (January 31, 2008).

Published 01 Feb, 2008 12:00am
Lawyers observe 'Iftikhar Day'

Lawyers observe 'Iftikhar Day'

Riot police on Thursday laid several layers of barbed wired to stop a few hundred protesting lawyers marching towards the residence of deposed chief justice Iftikhar Chaudhry to commemorate a day to honour the twice removed top jurist. In a bid to pay hom
Published 01 Feb, 2008 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (January 31, 2008).
Published 01 Feb, 2008 12:00am
GDP growth target will not be revised, says Shamshad

GDP growth target will not be revised, says Shamshad

Despite several concerns and shocks to the economy of the country, the real Gross Domestic Product''''''''''''''''s (GDP) growth target would not be revised and it would remain 7 percent for the fiscal year 2008. This was stated by Governor State Bank of
Published 01 Feb, 2008 12:00am
GDP growth target will not be revised, says Shamshad

GDP growth target will not be revised, says Shamshad

Despite several concerns and shocks to the economy of the country, the real Gross Domestic Product''''''''s (GDP) growth target would not be revised and it would remain 7 percent for the fiscal year 2008. This was stated by Governor State Bank of Pakistan
Published 01 Feb, 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 Thursday (January 31, 2008).

Published 01 Feb, 2008 12:00am
GDP growth target will not be revised, says Shamshad

GDP growth target will not be revised, says Shamshad

Despite several concerns and shocks to the economy of the country, the real Gross Domestic Product''''s (GDP) growth target would not be revised and it would remain 7 percent for the fiscal year 2008. This was stated by Governor State Bank of Pakistan (SB
Published 01 Feb, 2008 12:00am
GDP growth target will not be revised, says Shamshad

GDP growth target will not be revised, says Shamshad

Despite several concerns and shocks to the economy of the country, the real Gross Domestic Product''s (GDP) growth target would not be revised and it would remain 7 percent for the fiscal year 2008. This was stated by Governor State Bank of Pakistan (SBP)
Published 01 Feb, 2008 12:00am
GDP growth target will not be revised, says Shamshad

GDP growth target will not be revised, says Shamshad

Despite several concerns and shocks to the economy of the country, the real Gross Domestic Product's (GDP) growth target would not be revised and it would remain 7 percent for the fiscal year 2008. This was stated by Governor State Bank of Pakistan (SBP),
Published 01 Feb, 2008 12:00am
GDP growth target will not be revised, says Shamshad

GDP growth target will not be revised, says Shamshad

Despite several concerns and shocks to the economy of the country, the real Gross Domestic Product's (GDP) growth target would not be revised and it would remain 7 percent for the fiscal year 2008. This was stated by Governor State Bank of Pakistan (SBP),
Published 01 Feb, 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 Thursday (January 31, 2008).

Published 01 Feb, 2008 12:00am
Pakistan as a transit trade and tourism hub

Pakistan as a transit trade and tourism hub

Pakistan is blessed with a unique position in the world geography, situated as it is on the cross roads of East and West, and as one of the choicest corridors connecting the land-locked Central Asian States to the open sea.
Published 01 Feb, 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 Thursday (January 31, 2008).

Published 01 Feb, 2008 12:00am
Pakistan as a transit trade and tourism hub

Pakistan as a transit trade and tourism hub

Pakistan is blessed with a unique position in the world geography, situated as it is on the cross roads of East and West, and as one of the choicest corridors connecting the land-locked Central Asian States to the open sea.
Published 01 Feb, 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 Thursday (January 31, 2008).

Published 01 Feb, 2008 12:00am
Pakistan as a transit trade and tourism hub

Pakistan as a transit trade and tourism hub

Pakistan is blessed with a unique position in the world geography, situated as it is on the cross roads of East and West, and as one of the choicest corridors connecting the land-locked Central Asian States to the open sea.
Published 01 Feb, 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 01 Feb, 2008 12:00am
BRIndex30 up 69.76 points

BRIndex30 up 69.76 points

On Thursday, BRIndex30 opened at 15,233.70. It closed at 15,287.55 with a net positive change of 69.76 points and percentage change of 0.46. It saw an intra-day high of 15,309.47 and an intra-day low of 15,169.76.
Published 01 Feb, 2008 12:00am