News Archives for Print - 2008-03-26

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (March 25, 2008).

Published 26 Mar, 2008 12:00am

IHC summons Attorney General over land acquisition by defence ministry

The Islamabad High Court (IHC) here on Tuesday issued notice to Attorney General for Pakistan to appear on April 2 and apprise it about the constitutional provisions regarding land acquisition by government ministries and departments.

Published 26 Mar, 2008 12:00am

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (March 25, 2008).

Published 26 Mar, 2008 12:00am

Justice Iftikhar vows to provide relief to people

Deposed chief justice Iftikhar Mohammad Chaudhry said on Tuesday that he will resist every pressure tactic continuing his mission of providing relief to the people. Speaking to the journalists at his residence, he said that independence of judiciary is in

Published 26 Mar, 2008 12:00am

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (March 25, 2008).

Published 26 Mar, 2008 12:00am

Two-thirds majority must for judges' restoration: Attorney general

Attorney General Malik Muhammad Qayyum said on Tuesday that the parliament is a supreme body but deposed judges could only be restored through a two-third majority of the parliament by amending the constitution and not through a simple parliamentary resol

Published 26 Mar, 2008 12:00am

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (March 25, 2008).

Published 26 Mar, 2008 12:00am

Banks cartelisation issue to be decided in first week of April

The decision to determine whether Banks were involved in any sort of cartelisation or other wise will be given by the Competition Commission of Pakistan (CCP) in the first week of April, sources told APP here on Tuesday.

Published 26 Mar, 2008 12:00am

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (March 25, 2008).

Published 26 Mar, 2008 12:00am

Cabinet Division notifies Gilani as Prime Minister

The Cabinet Division on Tuesday issued formal notification of Syed Yousaf Raza Gilani as the Prime Minister of Pakistan. The notification says that Syed Yousaf Raza Gilani has, on this 25th day of March, 2008, made before the President of Pakistan, the oa

Published 26 Mar, 2008 12:00am

KKI closing rates of currency notes

Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Tuesday (March 25, 2008).

Published 26 Mar, 2008 12:00am

Gilani takes oath as Prime Minister

Syed Yousuf Raza Gilani on Tuesday took oath as country's new Prime Minister for a term of five years. President Pervez Musharraf administered oath to the country's 22nd Prime Minister at the Aiwan-e-Sadr at a grand ceremony attended by prominent politica

Published 26 Mar, 2008 12:00am

Currency values in terms of Special Drawing Rights

The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special Drawing Rights (SDR).

Published 26 Mar, 2008 12:00am

Wheat procurement price likely to be increased

The Economic Coordination Committee (ECC) of the Cabinet, which is to be reconstituted, is likely to enhance wheat procurement price to Rs 650 per 40 kg, as farmers in Sindh are reluctant to sell their produce at Rs 510, official sources told Business

Published 26 Mar, 2008 12:00am

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Tuesday (March 25, 2008).

Published 26 Mar, 2008 12:00am

Wheat procurement price likely to be increased

The Economic Coordination Committee (ECC) of the Cabinet, which is to be reconstituted, is likely to enhance wheat procurement price to Rs 650 per 40 kg, as farmers in Sindh are reluctant to sell their produce at Rs 510, official sources told Business
Published 26 Mar, 2008 12:00am

US treasuries bid yields

US treasuries bid yields on Tuesday (March 25, 2008).

Published 26 Mar, 2008 12:00am

Wheat procurement price likely to be increased

The Economic Coordination Committee (ECC) of the Cabinet, which is to be reconstituted, is likely to enhance wheat procurement price to Rs 650 per 40 kg, as farmers in Sindh are reluctant to sell their produce at Rs 510, official sources told Business
Published 26 Mar, 2008 12:00am

US treasuries bid yields

US treasuries bid yields on Tuesday (March 25, 2008).

Published 26 Mar, 2008 12:00am

Kharif crops: 113 MAF water to be available to provinces: Irsa

Indus River System Authority (Irsa) Chairman Bashir Ahmad Dahar said on Tuesday that provinces had agreed with Irsa estimates of 113 MAF water will be available for distribution among the provinces during the coming Kharif season.
Published 26 Mar, 2008 12:00am

US treasuries bid yields

US treasuries bid yields on Tuesday (March 25, 2008).

Published 26 Mar, 2008 12:00am

Kharif crops: 113 MAF water to be available to provinces: Irsa

Indus River System Authority (Irsa) Chairman Bashir Ahmad Dahar said on Tuesday that provinces had agreed with Irsa estimates of 113 MAF water will be available for distribution among the provinces during the coming Kharif season.
Published 26 Mar, 2008 12:00am

US treasuries bid prices

US treasuries bid prices on Tuesday (March 25, 2008).

Published 26 Mar, 2008 12:00am

Kharif crops: 113 MAF water to be available to provinces: Irsa

Indus River System Authority (Irsa) Chairman Bashir Ahmad Dahar said on Tuesday that provinces had agreed with Irsa estimates of 113 MAF water will be available for distribution among the provinces during the coming Kharif season.
Published 26 Mar, 2008 12:00am

US treasuries bid prices

US treasuries bid prices on Tuesday (March 25, 2008).

Published 26 Mar, 2008 12:00am

CNG kits prices raised by 20-30 percent

With the surge in the prices of petroleum products, a staggering increase of 20 to 30 percent in the compressed natural gas (CNG) kits rates has been witnessed during the last about 10 days. The demand of CNG cars has increased after rise in petrol prices
Published 26 Mar, 2008 12:00am

US treasuries bid prices

US treasuries bid prices on Tuesday (March 25, 2008).

Published 26 Mar, 2008 12:00am

CNG kits prices raised by 20-30 percent

With the surge in the prices of petroleum products, a staggering increase of 20 to 30 percent in the compressed natural gas (CNG) kits rates has been witnessed during the last about 10 days. The demand of CNG cars has increased after rise in petrol prices
Published 26 Mar, 2008 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Tuesday (March 25, 2008).

Published 26 Mar, 2008 12:00am

CNG kits prices raised by 20-30 percent

With the surge in the prices of petroleum products, a staggering increase of 20 to 30 percent in the compressed natural gas (CNG) kits rates has been witnessed during the last about 10 days. The demand of CNG cars has increased after rise in petrol prices
Published 26 Mar, 2008 12:00am

London Interbank Offered Rates

London Interbank Offered Rates (LIBOR) on Tuesday (March 25, 2008).

Published 26 Mar, 2008 12:00am

Major power breakdown hits Islamabad, Lahore

The provincial metropolis and Islamabad were without power on Tuesday following a technical fault at the Gutti 500kv power transmission in Multan paralysing life and industrial activities.
Published 26 Mar, 2008 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (March 25, 2008).

Published 26 Mar, 2008 12:00am

Major power breakdown hits Islamabad, Lahore

The provincial metropolis and Islamabad were without power on Tuesday following a technical fault at the Gutti 500kv power transmission in Multan paralysing life and industrial activities.
Published 26 Mar, 2008 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (March 25, 2008).
Published 26 Mar, 2008 12:00am

SBP issues guidelines for Shariah compliance in IBIs

State Bank of Pakistan (SBP) has directed Islamic banking institutions (IBIs) to introduce a system of internal Shariah audit to ensure that the goals and objectives of Shariah compliance are achieved. The IBIs have also been asked to appoint a Shariah Ad
Published 26 Mar, 2008 12:00am

Banks' rates for currency notes (buying and selling)

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Tuesday (March 25, 2008).

Published 26 Mar, 2008 12:00am

SBP issues guidelines for Shariah compliance in IBIs

State Bank of Pakistan (SBP) has directed Islamic banking institutions (IBIs) to introduce a system of internal Shariah audit to ensure that the goals and objectives of Shariah compliance are achieved. The IBIs have also been asked to appoint a Shariah Ad
Published 26 Mar, 2008 12:00am

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 Tuesday (March 25, 2008).

Published 26 Mar, 2008 12:00am

SBP issues guidelines for Shariah compliance in IBIs

State Bank of Pakistan (SBP) has directed Islamic banking institutions (IBIs) to introduce a system of internal Shariah audit to ensure that the goals and objectives of Shariah compliance are achieved. The IBIs have also been asked to appoint a Shariah Ad
Published 26 Mar, 2008 12:00am

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (March 25, 2008).

Published 26 Mar, 2008 12:00am

World Bank pledges $6 million for capacity-building, support to Irsa

The World Bank will provide $6 million to Pakistan for "Capacity Building and Support to Indus River System Authority (Irsa)" for establishment of a water flow measurement system at key points on the river system as part of a plan to improve water auditin
Published 26 Mar, 2008 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Tuesday (March 25, 2008).

Published 26 Mar, 2008 12:00am

Saarc anti-terrorism meeting rescheduled

The regional meeting of Saarc countries on counter-terrorism cooperation and meeting of the police chiefs scheduled for March 25 has been rescheduled for April 15. Interior Ministry spokesman Brigadier Javed Iqbal Cheema on Tuesday said that due to final
Published 26 Mar, 2008 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Tuesday (March 25, 2008).

Published 26 Mar, 2008 12:00am

Saarc anti-terrorism meeting rescheduled

The regional meeting of Saarc countries on counter-terrorism cooperation and meeting of the police chiefs scheduled for March 25 has been rescheduled for April 15. Interior Ministry spokesman Brigadier Javed Iqbal Cheema on Tuesday said that due to final
Published 26 Mar, 2008 12:00am

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Tuesday (March 25, 2008).

Published 26 Mar, 2008 12:00am

Strategy to be continued, says Musharraf

President Pervez Musharraf on Tuesday said Pakistan would continue to pursue a comprehensive strategy to counter terrorism. Talking to US Deputy Secretary of State John Negroponte here at the Aiwan-e-Sadr, the President emphasised the importance of a stab
Published 26 Mar, 2008 12:00am

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Tuesday (March 25, 2008).

Published 26 Mar, 2008 12:00am

Strategy to be continued, says Musharraf

President Pervez Musharraf on Tuesday said Pakistan would continue to pursue a comprehensive strategy to counter terrorism. Talking to US Deputy Secretary of State John Negroponte here at the Aiwan-e-Sadr, the President emphasised the importance of a stab
Published 26 Mar, 2008 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (March 25, 2008).

Published 26 Mar, 2008 12:00am

World leaders hail Gilani

British Prime Minister Gordon Brown offered Pakistan's new premier Yousuf Raza Gilani his "full support" Tuesday after he was sworn in by President Pervez Musharraf. "I congratulate him and look forward to working closely with him on our shared agenda," B
Published 26 Mar, 2008 12:00am

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 26 Mar, 2008 12:00am

US starts interactions with new leadership of Pakistan

With the political change and restoration of democracy in Pakistan the United States has realised the necessity of long term interaction with the elected leadership instead of banking a military dictator to protect its sensitive strategic regional and int
Published 26 Mar, 2008 12:00am

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 26 Mar, 2008 12:00am

Pakistan on British human rights watch list

Britain for the first time included Pakistan on a list of countries of concern over human rights Tuesday, saying there had been "very little progress" towards pledged improvements. Pakistan featured on a list of 21 "major countries of concern" like China,
Published 26 Mar, 2008 12:00am

Karachi interbank rates

Karachi interbank rates on Tuesday (March 25, 2008).

Published 26 Mar, 2008 12:00am

Karachiites suffer 10-12 hours power outage

The Karachiites had to endure 10 to 12 hours long power outages on Tuesday, which paralysed both economic and routine activities in the city. According to KESC officials, the breakdown resulted mainly from damage to a pylon of 132-KV transmission line nea
Published 26 Mar, 2008 12:00am

Aaj TV - Wednesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 26 Mar, 2008 12:00am

Sri Lanka wants to import extra 0.2 million tons rice: CG

Sri Lanka wants to import over 0.2 million tonnes of rice extra than the existing trade from Pakistan to fulfil its domestic needs in 2008. This was stated by Sri Lanka's Consul General V.S. Sidath Kumar while talking the leading rice exporters during his
Published 26 Mar, 2008 12:00am

Afroze Textile Industries (Pvt) Limited

A brief on Afroze Textile Ind Pvt Ltd, and its Managing Director Feroz Alam Lari's achievements in the field of business and industry and his personal involvement in various charitable institutions.
Published 26 Mar, 2008 12:00am

Ericsson wins expansion order

Telecom equipment maker Ericsson said on Tuesday it had won an order to expand and upgrade the GSM/GPRS network of Pakistani operator Warid Telecom. Ericsson, the world's biggest mobile network maker, said it would supply and install core radio, microwave
Published 26 Mar, 2008 12:00am

Preamble of BGMEA

BGMEA is the apex apparel exporter's trade body of 4425 apparel manufacturing companies of Bangladesh starting its voyage in 1977 with only 12 members. BGMEA is dedicated to establish and promote contracts with foreign buyers', business and trade associat
Published 26 Mar, 2008 12:00am

FBR chief for foolproof security of tax record

Secretary General, Revenue Division/ Federal Board of Revenue Chairman M Abdullah Yusuf said on Tuesday that the security of official buildings and record was a very critical issue, which needs to be addressed through effective use of modern security tech
Published 26 Mar, 2008 12:00am

Bangladesh - A land of enormous investment opportunities

Bangladesh, known for the resilience of its people and the vibrancy of its civil society, has been making determined efforts towards economic emancipation of its people. Pluralism and participatory governance has been shaping it polity and socio-cultural
Published 26 Mar, 2008 12:00am

ISE index loses 40.81 points

Bears commanded the proceedings at the Islamabad Stock Exchange (ISE) on Tuesday where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE-10 Index showed a decrease of 40.81 points from 3,239.27 to 3,199.26 points.
Published 26 Mar, 2008 12:00am

Message from Chairman Travel Agents Association of Pakistan

I would like to take this opportunity to extend our heartiest felicitations on behalf of Travel Agents Association of Pakistan, Vice Chairman Hasnain Raza, Regional Chairman-A Tahir Sheikh, Regional Chairman-B Muhammad Iqbal and Members of the Executive C
Published 26 Mar, 2008 12:00am

ISE index loses 40.81 points

Bears commanded the proceedings at the Islamabad Stock Exchange (ISE) on Tuesday where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE-10 Index showed a decrease of 40.81 points from 3,239.27 to 3,199.26 points.
Published 26 Mar, 2008 12:00am

Message from President, Pakistan Bangladesh Friendship Forum

On behalf of Pakistan Bangladesh Forum I offer my heartiest felicitation to the people of Bangladesh on the occasion of 37th anniversary of the independence and National day of Bangladesh.
Published 26 Mar, 2008 12:00am

LSE index loses 41.80 points

Equities moved both ways on the Lahore Stock Exchange and finally settled in red zone amid a descending transaction volume because of lack of interest on the part of institutions and small investors on Tuesday.
Published 26 Mar, 2008 12:00am

Message from H.E. the High Commissioner, People's Republic of Bangladesh

On this auspicious occasion of the 37th anniversary of the Independence and National Day of Bangladesh, I bring to the Government and the people of Pakistan the warm wishes of the Government and the people of Bangladesh.
Published 26 Mar, 2008 12:00am

LSE index loses 41.80 points

Equities moved both ways on the Lahore Stock Exchange and finally settled in red zone amid a descending transaction volume because of lack of interest on the part of institutions and small investors on Tuesday.
Published 26 Mar, 2008 12:00am

Message from Adviser for Foreign Affairs (Foreign Minister)

On the occasion of the 37th anniversary of our Independence and National Day, I extend my heartfelt felicitations to all our countrymen, home and abroad. On this auspicious day, the entire nation pays tribute to the valiant freedom fighters and to those c
Published 26 Mar, 2008 12:00am

We have to ensure supremacy of parliament: Gilani

President Pervez Musharraf and Prime Minister Yousuf Raza Gilani on Tuesday stressed the need for political forces in the country to get united to effectively confront the challenges of terrorism, extremism and economic issues.
Published 26 Mar, 2008 12:00am

Patchy rain, sun suggest good Ivorian cocoa mid crop

Patchy rains and long spells of sunshine in Ivory Coast's main cocoa growing regions last week suggest a good April-to-September mid crop, farmers and analysts said on Tuesday. In the western regions of Soubre and Gagnoa, and southerly Aboisso and Agbovil
Published 26 Mar, 2008 12:00am

We have to ensure supremacy of parliament: Gilani

President Pervez Musharraf and Prime Minister Yousuf Raza Gilani on Tuesday stressed the need for political forces in the country to get united to effectively confront the challenges of terrorism, extremism and economic issues.
Published 26 Mar, 2008 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 123,623 tonnes cargo including 64,264 tonnes import, 59,359 tonnes export cargo and 3,293 containers (TEUs) during last 24 hours ending at 0700 hours on Tuesday.
Published 26 Mar, 2008 12:00am

Nawaz warns US of 'war on terror' review

Top political leaders, controlling the incoming governing coalition, have told American diplomats that the new parliament will review the country's role in the US-led war on terror. The 'defining' message was conveyed on Tuesday to the visiting US Deputy
Published 26 Mar, 2008 12:00am

US Midwest corn and soyabean bids hold steady

Spot basis bids for corn and soyabeans held steady at most interior locations around the interior US Midwest on Monday amid scattered selling of both commodities, grain dealers said. Some growers were booking spot market sales to take advantage of a futur
Published 26 Mar, 2008 12:00am

Nawaz warns US of 'war on terror' review

Top political leaders, controlling the incoming governing coalition, have told American diplomats that the new parliament will review the country's role in the US-led war on terror. The 'defining' message was conveyed on Tuesday to the visiting US Deputy
Published 26 Mar, 2008 12:00am

Canadian canola futures rebound

Canadian canola futures rebounded on Monday off last week's lows as US soya futures rallied their daily limit and farmer selling remained modest, traders said. ICE canola futures settled $25.80 to $41.10 per tonne higher, with May up $36.60 at $613.50, Ju
Published 26 Mar, 2008 12:00am

BRIndex30 down 88.98 points

On Tuesday, the BRIndex30 opened at 16,489.89, with an upward gap of 35.37 points. It closed at 16,365.54 with a net negative change of -88.98 points and percentage change of -0.54. It saw the intra-day high of 16,617.07 and low of 16,348.75. The volume a
Published 26 Mar, 2008 12:00am

KCBT wheat futures higher

Hard red winter wheat futures at the Kansas City Board of Trade closed higher on Monday on a bounce from last week's broad-based commodities sell-off, traders said. Traders said the rally was technical in nature. Prices came off their highs toward the clo
Published 26 Mar, 2008 12:00am

BRIndex30 down 88.98 points

On Tuesday, the BRIndex30 opened at 16,489.89, with an upward gap of 35.37 points. It closed at 16,365.54 with a net negative change of -88.98 points and percentage change of -0.54. It saw the intra-day high of 16,617.07 and low of 16,348.75. The volume a
Published 26 Mar, 2008 12:00am

FOB Gulf soya higher; corn and wheat steady

US FOB Gulf soyabean basis offers were steady to higher on Monday with increased export demand due to a farmer strike in Argentina, traders said. Corn and wheat were mostly steady, traders said. US soyabean export demand has picked up for nearby shipment
Published 26 Mar, 2008 12:00am

Selling pressure pushes down KSE index

Although the Karachi share market started on a positive note on Tuesday and the KSE-100 index hit highest-ever 15,296.78 points intra-day high for the first time in its history, it could not sustain that level as the market participants opted for profit t
Published 26 Mar, 2008 12:00am

US corn futures rally

US corn futures on the Chicago Board of Trade rallied on Monday, bouncing from last week's sell-off when nervous investors liquidated their long positions, taking profits to cover margins in other financial markets, traders said.
Published 26 Mar, 2008 12:00am

Selling pressure pushes down KSE index

Although the Karachi share market started on a positive note on Tuesday and the KSE-100 index hit highest-ever 15,296.78 points intra-day high for the first time in its history, it could not sustain that level as the market participants opted for profit t
Published 26 Mar, 2008 12:00am

US wheat futures higher

US wheat futures closed higher on Monday in a recovery bounce after Friday's 8 percent plunge in Chicago and Kansas City, traders said. Traders said the rally was technical in nature. Prices came off the day's highs toward the close on commission house se
Published 26 Mar, 2008 12:00am

Selling pressure pushes down KSE index

Although the Karachi share market started on a positive note on Tuesday and the KSE-100 index hit highest-ever 15,296.78 points intra-day high for the first time in its history, it could not sustain that level as the market participants opted for profit t
Published 26 Mar, 2008 12:00am

Oil cake market rates

Thin trading was seen on the forward cottonseed oilcake market on Tuesday amid modest rise in the prices, dealers said. The March vaida maintained the last level at Rs 695.00 and market closed at the same level without showing any change for the day's low
Published 26 Mar, 2008 12:00am

CFS Mk-II to run from April 7

The Securities and Exchange Commission of Pakistan (SECP) has announced that the CFS Mk-II will run from April 7, 2008, parallel with the current CFS market. The SECP announced this after a meeting with Karachi Stock Exchange management, directors of KSE,
Published 26 Mar, 2008 12:00am

Prices remain firm in low volume on cotton market

Firmness prevailed on the cotton market on Tuesday as most of the buyers were still conspicuous by their absence, dealers said. The Karachi Cotton Association (KCA) official spot rate was unchanged at Rs 3300. Phutti prices in both Sindh and Punjab were a
Published 26 Mar, 2008 12:00am

CFS Mk-II to run from April 7

The Securities and Exchange Commission of Pakistan (SECP) has announced that the CFS Mk-II will run from April 7, 2008, parallel with the current CFS market. The SECP announced this after a meeting with Karachi Stock Exchange management, directors of KSE,
Published 26 Mar, 2008 12:00am

Ivorian cocoa arrivals seen rising

Cocoa arrivals at Ivory Coast's port of San Pedro reached 446,254 tonnes from October 1 to March 16, according to data from the Coffee and Cocoa Bourse (BCC) obtained by Reuters on Tuesday. That compared with 370,415 tonnes delivered to the port during th
Published 26 Mar, 2008 12:00am

CFS Mk-II to run from April 7

The Securities and Exchange Commission of Pakistan (SECP) has announced that the CFS Mk-II will run from April 7, 2008, parallel with the current CFS market. The SECP announced this after a meeting with Karachi Stock Exchange management, directors of KSE,
Published 26 Mar, 2008 12:00am

Gram prices turn higher on grain market

Rising trend was again seen on the grain market on Tuesday as supply position was tight in process of trading, dealers said. Several changes were seen on the grams side: gram garda Punjab both verities rose by Rs 50 to Rs 3300-3500.
Published 26 Mar, 2008 12:00am

Manzalai Field uplift: MOL Pakistan signs $119 million deal with PDIL

The MOL Pakistan, the operator of Tal Block, has signed a contract for the Manzalai Field Development Surface Facilities, worth $119 million with a consortium, PDIL, here. Mazalai field is located in Karak and Hangu districts of NWFP.
Published 26 Mar, 2008 12:00am

Japan rubber stocks down two percent in 10 days

Japan's crude rubber inventories fell 1.9 percent to 12,069 tonnes as of March 10 from 12,304 tonnes in the previous survey up to February 29, the Rubber Trade Association of Japan said on Tuesday. Stocks, which are measured roughly every 10 days, were 32
Published 26 Mar, 2008 12:00am

Manzalai Field uplift: MOL Pakistan signs $119 million deal with PDIL

The MOL Pakistan, the operator of Tal Block, has signed a contract for the Manzalai Field Development Surface Facilities, worth $119 million with a consortium, PDIL, here. Mazalai field is located in Karak and Hangu districts of NWFP.
Published 26 Mar, 2008 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 7	278
USD PKR Interbank Buying / Nov 7	277.85
USD to Japanese Yen / Nov 7	152.67
USD to Swiss Franc / Nov 7	0.87
Pound Sterling to USD / Nov 7	1.30
Euro to USD / Nov 7	1.08

Stock	Volume
S&P 500 / Nov 7	5,973.10
India Sensex / Nov 7	79,541.79
Tokyo Nikkei / Nov 7	39,475.04
Nasdaq / Nov 7	19,269.46
Hang Seng / Nov 7	20,767.64
FTSE 100 / Nov 7	8,140.74
Dow Jones / Nov 7	43,729.34
Germany DAX 30 / Nov 7	19,362.52

Item	Value
Crude Oil USD/Barrel / Nov 7	71.82
Karachi Cotton PKR/37.32 KG / Nov 7	18,285
Gold 10 Grams PKR / Nov 7	237,311
Gold Spot USD/Ounce / Nov 7	2,659.75
Cotton US¢/pound / Nov 7	71.01
Petrol/Litre / Nov 8	248.38

Stock	Price
786 Invest Ltd / Nov 8 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Nov 8 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Nov 8 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 8 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Nov 8 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 8 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 8 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Nov 8 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Nov 8 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 8 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Nov 8 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 8 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Nov 8 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Nov 8 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Nov 8 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Nov 8 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Nov 8 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Nov 8 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Nov 8 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Nov 8 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Nov 8 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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