News Archives for Print - 2008-03-14

Print - 2008-03-14

China hits back at US on human rights

China on Thursday accused the United States of human rights hypocrisy, as it branded the US invasion of Iraq the "greatest humanitarian disaster" of the modern world.

Published 14 Mar, 2008 12:00am

EU aims to set pace in fight on climate change

European Union leaders were poised on Thursday to agree a timetable for action on tackling climate change they hope will enable the bloc to set the pace in global talks next year.

Published 14 Mar, 2008 12:00am

No link between Saddam and al Qaeda

A detailed Pentagon study confirms there was no direct link between Iraqi ex-leader Saddam Hussein and the al Qaeda network, debunking a claim President George W. Bush's administration used to justify invading Iraq.

Published 14 Mar, 2008 12:00am

Sterling gains

Sterling rose against the dollar on Thursday on a wave of dollar selling that pushed it to historic lows against many currencies on the view the Federal Reserve's recent actions to ease market strains won't work. But the pound remained anchored near all-t

Published 14 Mar, 2008 12:00am

Dollar falls below 100 yen

The dollar fell below the psychologically key 100 yen mark for the first time in over a decade on Thursday, as well as plumbing fresh record lows versus the euro, the Swiss francs and a basket of major currencies.

Published 14 Mar, 2008 12:00am

Indian rupee falls

The rupee fell on Thursday as the stock market slid to a six-month closing low in tandem with global equities, but banks and exporters sold dollars limiting the Indian unit's drop. The partially convertible rupee ended at 40.425/435 per dollar, off an int

Published 14 Mar, 2008 12:00am

Chinese stocks down

China's main stock index closed below 4,000 points for the first time in seven months on Thursday, sinking 2.43 percent on concern about inflation, slower export growth and a large supply of new shares. Steel makers, among the companies most vulnerable if

Published 14 Mar, 2008 12:00am

Thursday's afternoon trade: market advances as credit fears recede a bit

US stocks gained on Thursday as financial shares erased earlier steep losses after a major credit rating agency said the end to subprime-related write-downs is in sight.

Published 14 Mar, 2008 12:00am

Hong Kong shares sink

Hong Kong stocks fell nearly 5 percent on Thursday, as weak US and mainland stock markets damped investor confidence, undoing gains from the last session when global equity markets cheered a credit bailout by central banks.

Published 14 Mar, 2008 12:00am

Investment-grade index hits new height

The investment-grade European credit index reached a new record wide on Thursday as worries about hedge fund failures and the economy overwhelmed the impact of a Federal Reserve effort to inject liquidity into the market.

Published 14 Mar, 2008 12:00am

Investment-grade index hits new height

Published 14 Mar, 2008 12:00am

Asian bonds widen

Asian bond spreads widened on Thursday towards record levels on fading optimism over the US Federal Reserve's measures to inject liquidity to improve strained credit market conditions.

Published 14 Mar, 2008 12:00am

Asian bonds widen

Asian bond spreads widened on Thursday towards record levels on fading optimism over the US Federal Reserve's measures to inject liquidity to improve strained credit market conditions.

Published 14 Mar, 2008 12:00am

Closing stock market indices

Major stock markets outside the United States ended on Thursday.

Published 14 Mar, 2008 12:00am

UK's top share index slumps

Britain's top share index slid 1.5 percent on Thursday on fears of more credit market ructions and as the euphoria of this week's central bank cash injection wore off, while record oil prices added to investor gloom.

Published 14 Mar, 2008 12:00am

Dockers' strike blocks Ivory Coast cocoa shipments

A strike over pay by dock workers at ports in Ivory Coast has blocked exports of cocoa and coffee since late on Monday, exporters in the world's top cocoa producer said on Wednesday.

Published 14 Mar, 2008 12:00am

London cocoa sets 5-1/2-year high

London cocoa futures climbed to a 5-1/2-year high on Thursday while coffee and sugar prices also advanced on a new wave of speculative and fund buying sparked partly by dollar weakness, dealers said.

Published 14 Mar, 2008 12:00am

Crude hits fresh peak of $111

Oil prices jumped to a record $111 a barrel on Thursday, extending a rally that has added nearly 30 percent to prices in just over a month, amid all-time weakness in the dollar. US crude for April delivery settled up 41 cents at $110.33 a barrel, after st

Published 14 Mar, 2008 12:00am

Mozambique faces acute grain shortage

Mozambique will need to import at least 1.25 million tonnes of maize, wheat and rice by August to cover food shortages caused by floods, a government official said on Thursday. Fernando Songane, co-ordinator of Mozambique's National Agriculture Developmen

Published 14 Mar, 2008 12:00am

Rotterdam vegetable oil prices

Thursday's Rotterdam vegetable oil prices at 1700 GMT0.

Published 14 Mar, 2008 12:00am

Rotterdam vegetable oil prices

Thursday's Rotterdam vegetable oil prices at 1700 GMT0.

Published 14 Mar, 2008 12:00am

New York cotton futures lower

Cotton futures finished a tame session with modest losses on Thursday, but brokers said they thought the slow day and consolidating prices were welcome after nearly two weeks of exceptionally volatile price moves.

Published 14 Mar, 2008 12:00am

CME's buy of NYMEX should soon go-ahead

Analysts who follow the two largest US futures marts are braced for word within days that CME Group has finalised terms of a deal to swallow New York Mercantile Exchange parent NYMEX Holdings Inc. "Most people feel pretty comfortable that it will go throu

Published 14 Mar, 2008 12:00am

Tin hits above $20,000 record mark

Tin extended recent gains to hit a record high above $20,000 per tonne on Thursday and copper was steady but seen vulnerable to a sell-off as investors focused on the possibility of recession in the United States. Three-months copper futures at the London

Published 14 Mar, 2008 12:00am

Gold touches all-time peak in Europe

Spot gold prices hit an all-time peak in Europe on Thursday as a dollar slump and inflation fears prompted investors to look for safe-haven assets. Spot gold rose as high as $999.90 an ounce before easing slightly to trade at $992.80/993.70 at 1615 GMT, c

Published 14 Mar, 2008 12:00am

US MIDDAY: cocoa soars to 28-year high

Cocoa futures trading on ICE Futures US surged nearly 5 percent to a 28-year high early Thursday on heavy support from the strong sterling and fund buying, traders said. Arabica coffee futures were also firm on the weak dollar.

Published 14 Mar, 2008 12:00am

US MIDDAY: sugar gains

ICE raw sugar futures gained ground early Thursday, buoyed by speculative short-covering tied to further weakness in the US dollar and stronger crude prices, brokers said. "With the dollar off and crude up, we're finding some support," said one floor deal

Published 14 Mar, 2008 12:00am

US MIDDAY: wheat rises

All three US wheat futures markets rallied early Thursday amid a broad-based rally in commodities, with Chicago and Kansas City bouncing back from weak opens, traders said. Minneapolis wheat was strong from the start, underpinned by a tight supply of high

Published 14 Mar, 2008 12:00am

US MIDDAY: corn up

CBOT corn futures were up over 2 percent early on Thursday following soaring crude oil and gold to record highs as the dollar tumbled to record lows, traders said. Fund buying boosted the corn market and at 10:20 am CDT (1520 GMT), CBOT corn was up 5 to 1

Published 14 Mar, 2008 12:00am

US MIDDAY: soyabeans rally

Chicago Board of Trade soyabean futures rallied early Thursday amid spillover buying from the strength in soyaoil and the New York crude oil market which was trading over $110 per barrel, traders said. May soyabeans were up 23 cents at $14.18 a bushel by

Published 14 Mar, 2008 12:00am

US MIDDAY: copper down

US copper futures drifted to a softer close on Thursday as concerns about the red metal's future demand prospects capped earlier dollar-inspired gains, traders said.

Published 14 Mar, 2008 12:00am

US MIDDAY: gold crosses $1,000 mark

US gold futures surged above the historic $1,000 mark on Thursday, as a record-low dollar and inflation fears due to crude oil rising to all-time highs prompted investors to enter the bullion market.

Published 14 Mar, 2008 12:00am

'PML-Q promoted tolerance, honesty brotherhood'

Pakistan Muslim League-Quaid-e-Azam Secretary General Chaudhry Zaheeruddin Khan has praised his own party, saying it has served the public and promoted tolerance, honesty and brotherhood in politics.

Published 14 Mar, 2008 12:00am

Shocking

The arrival of the body of Khalid Mehmood from India stimulated a shock wave among Pakistani nation. This really is injustice by the Indian government while Pakistan had taken first step towards peace between Indo-Pak relations and released the Indian spy

Published 14 Mar, 2008 12:00am

Public streets or private property?

Certain residents in block-14 of Gulistan-e-Jauhar, Karachi have illegally fixed 'long iron stop barriers' on several streets in the surroundings of their bungalows and blocked thoroughfare of general public on each Government's street, illegally proclaim

Published 14 Mar, 2008 12:00am

Partly Facetious: blanket immunity for all, a way out

"There is considerable confusion..."

Published 14 Mar, 2008 12:00am

Race stirs controversy in Clinton, Obama battle

A top figure in the Democratic Party who has played a key role in raising money for Hillary Clinton Wednesday stepped down from the presidential campaign amidst a fracas over alleged racist remarks.

Published 14 Mar, 2008 12:00am

Bush's 'coalition of the willing' strained to breaking point

Five years after the invasion of Iraq, the United States is finding it harder than ever to garner international support for military operations in the country, as even staunch allies such as Britain have pulled out much of their forces.

Published 14 Mar, 2008 12:00am

Corporate governance for banks

Text of speech of the Governor, State Bank of Pakistan, at the IBP Convocation on March 13, 2008 in Lahore. This morning I propose to share with you my thoughts on the topical issue of 'Corporate Governance for Banks.' Corporate governance revolves around

Published 14 Mar, 2008 12:00am

Neither down nor out

Those who thought that the anti-Musharraf electoral verdict followed by the Murree Declaration that commits his principal adversaries to a programme to de-fang him would have undermined the President's resolve to fight back may be sadly mistaken. After do

Published 14 Mar, 2008 12:00am

Rising trade deficit

News from the external sector of the economy continue to be discouraging. According to the latest data released by the Federal Bureau of Statistics (FBS), Pakistan's trade deficit ballooned to $12.433 billion in the first eight months (July-February, 2008

Published 14 Mar, 2008 12:00am

Customs data exchange deal to curb under invoicing: Yousaf

Customs data exchange agreement has been signed between Pakistan and China to curb under invoicing, said Federal Board of Revenue (FBR) Chairman Abdullah Yousuf here on Wednesday night.

Published 14 Mar, 2008 12:00am

Airblue to plant over one million trees this year

The private sector air carrier, Airblue has now turned its focus to the corporate social responsibility of making Pakistan a cleaner and greener place to live for future generations. And to achieve this objective it has taken the initiative to start its '

Published 14 Mar, 2008 12:00am

Shutter down strike observed in Balochistan

A complete shutter down strike was observed in most areas of Balochistan on the call of Balochistan National Party (Mengal) against "non provision of medical facilities" to former chief minister Balochistan Sardar Akhtar Jan Mengal.

Published 14 Mar, 2008 12:00am

Islam does not allow bloodshed, suicide bombing at all: Khalid

A peaceful and tolerant society can not be ensured without enlightened rural cultural values. Our rural culture is rich and deep-rooted with beauties of folk music, poetry, joint family-system and co-harvesting.

Published 14 Mar, 2008 12:00am

NCHD workshop discusses remedies for child diseases

The major causes of common child disease, preventive measures and remedies were discussed at length by the specialists, NGO representatives at a workshop held at a hotel in Karachi under the auspices of National Commission for Human Development (NCHD).

Published 14 Mar, 2008 12:00am

Rs one billion grant for four industrial zones

With the view to develop proper infrastructure at all four industrial zones, Sindh government has decided to provide Rs 250 million each in this connection. This was stated by Arif Ali Khan Abbasi, Sindh Minister for Industries, Labour, Transport, and Com

Published 14 Mar, 2008 12:00am

Digging of new roads deplored: CDGK to pay Rs 30 million to salvage KESC from crisis

While the Karachiites have not yet heaved a sigh of relief after long-awaited completion of road-reconstruction works in the city, the Karachi Electric Supply Corporation (KESC) is bent upon digging up newly constructed thoroughfares to lay electricity ca

Published 14 Mar, 2008 12:00am

Sugarcane growers pin hopes on new government

The helpless sugarcane growers of NWFP are looking towards the upcoming governments at both federal and provincial levels for coming to their rescue and help reducing the woes.

Published 14 Mar, 2008 12:00am

About 11 million child-labourers working under hazardous conditions

Despite huge expenditure on child welfare projects by the National Commission on Child Welfare and Development (NCCWD) under Social Welfare Ministry, about 11 million child labourers are working under hazardous conditions and are subjected to severe explo

Published 14 Mar, 2008 12:00am

Senate body wants CNG buses in Karachi

The Ministry of Environment informed the Senate Environmental Body meeting here on Thursday that a Rs 35.450 million annual development scheme for controlling vehicular emission has been approved.

Published 14 Mar, 2008 12:00am

Flurry activities of Senate bodies witnessed

With the beginning on a new parliamentary year in the Senate, a flurry of activities in the Standing Committees have been noticed. Two parliamentary committees met on Thursday; while two more a day earlier as well as on Monday.

Published 14 Mar, 2008 12:00am

Schools and colleges' syllabus: FBR proposes to introduce subject on taxation

The Federal Board of Revenue (FBR) has drafted a proposal to introduce subject of taxation at the school and college levels to educate the young generation on the basic concepts of taxes in Pakistan.

Published 14 Mar, 2008 12:00am

Indian high commission calls for not to politicise Khalid's death

A Pakistani national, who died in an Indian jail last month, was arrested when he was travelling with sensitive documents, Indian High Commission here said on Thursday. The explanation came a day after Islamabad asked New Delhi to clarify circumstances un

Published 14 Mar, 2008 12:00am

NCJP condemns sacrilegious cartoons

The National Commission for Justice and Peace (NCJP) passed a resolution condemning republication of sacrilegious cartoons in European newspapers and a film against Islam by Holland. Talking to newsmen, Director of the Commission Father Nisar Barkat said,

Published 14 Mar, 2008 12:00am

Students hold rally against caricatures' republication: resolutions submitted to UN and Dutch Embassy

Students from the twin cities on Thursday rallied against the republication of blasphemous material and submitted their resolutions to the United Nations, the OIC and embassy of Denmark. The blasphemous cartoons were first published by Jyllands-Posten in

Published 14 Mar, 2008 12:00am

UET and KMU sign MoU

A Memorandum of Understanding (MoU) between the University of Engineering and Technology (UET), Peshawar and Khyber Medical University (KMU), Peshawar was signed in a ceremony held at the Conference Hall of the UET on Thursday.

Published 14 Mar, 2008 12:00am

'Caretaker government ensures continuity of projects in education'

Provincial Minister for Education and Minorities Affairs Dr Mira Phailbus on Thursday met caretaker Chief Minister Ejaz Nisar to discuss current reforms in the education sector and minority affairs in the province. While talking to the minister, the chief

Published 14 Mar, 2008 12:00am

HRCP concerned over human rights situation

Human Rights Commission of Pakistan Secretary General Iqbal Haider has aired concern over the situation of human rights. "The human rights situation in Pakistan has seriously deteriorated over the past years."

Published 14 Mar, 2008 12:00am

Meeting reviews progress on programmes under DPC-III

A meeting of the steering committee, convened to review progress on Provincial Reforms Programme launched under development policy credit-III (DPC-III) with the assistance of World Bank was held here on Thursday with NWFP Chief Secretary Sahibzada Riaz No

Published 14 Mar, 2008 12:00am

Tribesmen protest killing of civilians

As many as 1,000 tribesmen chanting "Stop being stooges of the US army" rallied Thursday against the killing of eight civilians by security forces this week, witnesses said. The protest in Bajaur tribal region bordering Afghanistan came after an incident

Published 14 Mar, 2008 12:00am

Discos asked to improve efficiency

Managing Director, Pakistan Electric Power Company (Pepco) Munawar Baseer Ahmad urged Discos (power distribution companies) to take all possible measures to improve efficiency. Addressing the participants of first Public Relations Conference, he said Disc

Published 14 Mar, 2008 12:00am

IGI Investment Bank launches 'IGI Up Savings Plan'

IGI Investment Bank, a part of the IGI Financial Services Group, launched the 'IGI Up Savings Plan', a Certificate of Deposit product providing investors with the opportunity to deposit cash for a time period of as little as one month, says a press releas

Published 14 Mar, 2008 12:00am

Ship-breakers avoid new vessels import on price factor

The country's ship-breaking industry is passing through a very critical situation as a fresh increase of $150 or 27.27 percent in prices of per late displacement tonnage (LDT) scrap ship has compelled Pak importers to avoid new buying.

Published 14 Mar, 2008 12:00am

MCB ACM launches Dynamic Allocation Fund

MCB Asset Management Company (AMC) will get over one billion fund under the newly launched fund namely MCB Dynamic Allocation Fund. Addressing the journalists, Yasir Qadri chief executive officer of MCB Asset Management Company (ACM) here on Thursday info

Published 14 Mar, 2008 12:00am

MCB ACM launches Dynamic Allocation Fund

Published 14 Mar, 2008 12:00am

Foton committed to introduce CNG buses despite blasts

Foton remains committed to introducing CNG buses on schedule in spite of the Lahore bombings and other distractions. Foton also condoled the death of Lahore bomb blasts. Joseph Verghese, Vice President of Foton America, said.

Published 14 Mar, 2008 12:00am

Nadra's e-Sahulat project woos huge response

Small businessmen and unemployed youth have responded overwhelmingly to National Database Registration Authority's (Nadra's) e-Sahulat franchising project. According to details available here on Thursday, in the first week of its launch alone, 3,300 appli

Published 14 Mar, 2008 12:00am

Parliament Cafeteria

The Parliament Cafeteria on the first floor was witness on Thursday to real hectic activity as new members floated in, made rounds of six different desks, some assembly officials making MNAs-elect pose for preparation of Polaroid cards, delivered to them

Published 14 Mar, 2008 12:00am

One killed, three hurt in road mishap

A motorcyclist was killed and three other injured when UTS bus hit some four bikes near cantonment board at Shahrea-e-Faisal on Thursday. Police said that Muhammad Umer 22 was killed when UTS (JB-0701) hit his bike KBL-1503 from back, killing him on the s

Published 14 Mar, 2008 12:00am

Sheikh Nahayan donates $1 million to NCHD

Sheikh Nahayan Mabarak AL-Nahayan, Minister for Higher Education and also Patron of Pakistan Human Development Fund (PHDF) announced donation of one million dollars to National Commission for Human Development (NCHD)/PHDF at the recently concluded strateg

Published 14 Mar, 2008 12:00am

Over 50 suspects held in raids over Lahore blasts

Crackdown against the activists of banned outfits continued in Southern Punjab on Thursday. Police on Wednesday night arrested more than 50 suspects in raids over Tuesday's suicide attacks in Lahore. Police said the suspects, most of them from banned mili

Published 14 Mar, 2008 12:00am

Japan provides $79,281 grant to Dara Foundation

The Government of Japan has granted financial support of US $79,281 under the GGP (Grant Assistance for Grassroots Human Security Projects) programme to Dara Foundation, a non-governmental organisation for the project 'Improvement of Infrastructure of Pri

Published 14 Mar, 2008 12:00am

World Kidney Day observed in Multan

World Kidney Day was observed in Multan on Thursday with seminars and rallies organised by Doctors' society, PMA, and NGOs throughout the city. According to experts most kidney patients suffer from infections like stones in and out of kidneys, acute renal

Published 14 Mar, 2008 12:00am

Seminar held to mark 'World Kidney Day'

Post-Graduate Medical Institute Principal Professor Sajjad Hussain has said his institute is spending huge funds on treating kidney disease and dialysis is becoming a burden even on the health budgets of developed countries.

Published 14 Mar, 2008 12:00am

Week-long workshop on 'Nano Medicine' begins

Caretaker federal Health Minister Ejaz Rahim inaugurated a week-long international workshop on 'Nano Medicine' here at the Comstech's Palace of Science, on Thursday.

Published 14 Mar, 2008 12:00am

'Government committed to eliminate terrorism, extremism'

The caretaker Interior Minister General Hamid Nawaz (Retd) on Thursday reiterated the government's commitment for elimination of terrorism and extremism. He said that all possible measures would be utilised for curbing the menace of terrorism which is pos

Published 14 Mar, 2008 12:00am

Black Flag Week: lawyers continue protest in Multan

Lawyers across the Southern Punjab on Thursday - the fourth day of the 'Black Flag Week' - held rallies, meetings and set up hunger strike camps demanding of the government to restore the deposed judges.

Published 14 Mar, 2008 12:00am

'Musharraf counting his last days in power'

Lawyers leaving a rally on The Mall on Thursday urged the army chief to get the army house vacated from Pervez Musharraf as they believed that conspiracies were being hatched there for formation of new government. The LHCBA and Lahore Bar Association afte

Published 14 Mar, 2008 12:00am

Deposed judges can be restored through an executive order: Wajih

Prominent leader of lawyers' movement and former Justice Wajihuddin Ahmed has said that the process to restore judges fired under the cover of the Provisional Constitutional Order (PCO) was not so complicated as being projected.

Published 14 Mar, 2008 12:00am

Three PML-Q MPAs join forward bloc

Three PML-Q MAPs elect - Pir Walayat Khaga, Chaudhry Muhammad Arshad Jatt and Malik Iqbal Langriyal - joined the forward bloc to support PML-N on Thursday. The MPAs stated that they took this step in the best interest of masses of their constituencies. Me

Published 14 Mar, 2008 12:00am

No improvement in inflows: Sindh continues to face serious water shortage

Sindh continues to face serious water shortage as there was no improvement in inflows of Indus River at Tarbela. According to a spokesman of Irrigation and Power Department, the Indus inflows at Tarbela on Thursday was only 19,700 cusecs as against 27,900

Published 14 Mar, 2008 12:00am

FTO directs FBR to issue certificate, refund amount

Federal Tax Ombudsman (FTO) former Justice Munir A. Sheikh on Thursday directed Federal Board of Revenue (FBR) to issue delayed certificate and refund the amount to an importer. He took the decision on the complaint of M/s G.A. Parekh and Sons, Karachi ag

Published 14 Mar, 2008 12:00am

Women's rights: 'true implementation of Islamic principles needed'

There is a great potential in Pakistani women which needs to be properly recognised and used for overall development of the society. This was the unanimous view expressed by the speakers at the one-day seminar on 'Women's Role is Social Development', held

Published 14 Mar, 2008 12:00am

Indus Motor holds 'After Sales Kaizen Marathon'

Indus Motor Company (IMC) organised the third annual After Sales Kaizen Marathon at a local hotel, awarding first prize for the best Kaizen initiative to Toyota Faisalabad Motors. The Marathon and accompanying Dealer Conference was attended by the Company

Published 14 Mar, 2008 12:00am

Pak-Qatar Takaful, UBL Funds sign agreement

UBL Fund Managers and Pak-Qatar Family Takaful signed an agreement that will provide all investors of UBL Funds Islamic Investment Plans with Shariah Compliant Accidental and Medical Takaful Coverage. The agreement was signed by Mir Muhammad Ali, CEO UBL

Published 14 Mar, 2008 12:00am

Pak-Qatar Takaful, UBL Funds sign agreement

Published 14 Mar, 2008 12:00am

Badr supports resolution against Khalid's appointment

Pakistan People's Party Secretary General, Jahangir Badr has supported the Resolution passed by the Senate against the recent appointment of Khalid Saeed as Chairman Nepra.

Published 14 Mar, 2008 12:00am

Edhi concerned over Lahore blasts

Abdul Sattar Edhi has expressed concern over the twin suicide attacks in Lahore. Speaking at a press conference here at the Lahore Press Club, Edhi said, "after hearing the tragic incident, I have come here to meet the injured people."

Published 14 Mar, 2008 12:00am

Punjab government: PML-N, PPP finalise formula for distribution of ministries

The coalition partners in Punjab, Pakistan Muslim League-Nawaz and the Pakistan Peoples Party Parliamentarian, have finalised their consultations, and evolved an equation ahead of the new coalition government in the province.

Published 14 Mar, 2008 12:00am

PPP, PML-N, ANP, JUI-F: joint meeting of parliamentary parties on March 17

A formal meeting of parliamentary parties of the four major coalition partners-Pakistan Peoples Party, Pakistan Muslim League (Nawaz), Awami National Party (ANP) and JUI-F will be held at Parliament House on March 17 to chalk out strategy for the new parl

Published 14 Mar, 2008 12:00am

ICAEW launching ACA Top-up Programme

The Institute of Chartered Accountants in England and Wales (ICAEW) is launching its ACA Top-up Programme for the Institute of Chartered Accountants of Pakistan (ICAP) members in Pakistan, in terms of recently signed Memorandum of Understanding (MoU) betw

Published 14 Mar, 2008 12:00am

Islamabad industrial area: Pepa plans to overcome environmental degradation

Pakistan Environmental Protection Agency (Pepa) has finalised the documents pertaining to second phase of the industrial survey in the Islamabad industrial area, sources told Business Recorder here on Thursday.

Published 14 Mar, 2008 12:00am

The Weather

The weather report on Thursday (March 13, 2008) and the forecast for Friday (March 14, 2008).

Published 14 Mar, 2008 12:00am

Bilal assumes charge as Commandant of Signals Corps

The Chief of Army Staff, General Ashfaq Parvez Kayani installed Major General Ahmed Bilal as the Colonel Commandant of the Corps of Signals in an impressive but simple ceremony, at General Headquarters signals Battalion ground, Rawalpindi on Thursday.

Published 14 Mar, 2008 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 7	278
USD PKR Interbank Buying / Nov 7	277.85
USD to Japanese Yen / Nov 7	154.11
USD to Swiss Franc / Nov 7	0.88
Pound Sterling to USD / Nov 7	1.29
Euro to USD / Nov 7	1.07

Stock	Volume
S&P 500 / Nov 6	5,929.04
Nasdaq / Nov 6	18,983.46
Dow Jones / Nov 6	43,729.93
India Sensex / Nov 7	79,507.26
Tokyo Nikkei / Nov 7	39,366.94
Hang Seng / Nov 7	20,858.18
FTSE 100 / Nov 7	8,192.50
Germany DAX 30 / Nov 7	19,253.31

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 6	18,285
Petrol/Litre / Nov 7	248.38
Crude Oil USD/Barrel / Nov 7	72.04
Gold 10 Grams PKR / Nov 7	237,311
Gold Spot USD/Ounce / Nov 7	2,657.92
Diesel/Litre / Nov 7	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 7 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 7 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Nov 7 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 7 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 7 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Nov 7 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 7 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Nov 7 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 7 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 7 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 7 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Nov 7 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 7 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 7 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Nov 7 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 7 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Nov 7 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 7 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Nov 7 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Nov 7 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Nov 7 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Nov 7 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Nov 7 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Nov 7 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Nov 7 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Nov 7 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Nov 7 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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