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Nov 08, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2008-03-27
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 27 Mar, 2008 12:00am
14 killed in truck-coach collision

14 killed in truck-coach collision

Fourteen people were killed and six injured when a coach collided with a truck on Kohat-Mitni road on Wednesday morning. The accident occurred at Ladhavar Kanda area of Peshawar. The injured have been shifted to hospital where two were reported to be in a
Published 27 Mar, 2008 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Wednesday (March 26, 2008).

Published 27 Mar, 2008 12:00am
Two killed in different mishaps

Two killed in different mishaps

Two persons including a minor girl were killed in two different incidents on Wednesday. Police said that at around 2:30pm, a man was killed in a clash between two rival groups at Khokrapar. They said that Imran, 25 received bullets injuries near at Shahee
Published 27 Mar, 2008 12:00am
Surge in candles demand as loadshedding continues

Surge in candles demand as loadshedding continues

Frequent long hours power breakdown and load shedding in residential areas at night have substantially increased demand of candles in local markets, shopkeepers told Business Recorder. They said that candle prices have also gone up owing to the wid
Published 27 Mar, 2008 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 27 Mar, 2008 12:00am
Foreign portfolio investment stood at $4.4 billion on Tuesday

Foreign portfolio investment stood at $4.4 billion on Tuesday

Total investment in the local stock market by foreign portfolio investors as on March 25, 2008 was $4.4 billion, based on closing rates. This excludes physical shares of PTCL held against GDRs issued by the Company.
Published 27 Mar, 2008 12:00am
Gilani raises Benazir killing probe with Ban Ki-moon

Gilani raises Benazir killing probe with Ban Ki-moon

New prime minister raised with the United Nations on Wednesday the possibility of the world body investigating the assassination of political leader Benazir Bhutto, a UN spokeswoman said.
Published 27 Mar, 2008 12:00am
Gilani raises Benazir killing probe with Ban Ki-moon

Gilani raises Benazir killing probe with Ban Ki-moon

New prime minister raised with the United Nations on Wednesday the possibility of the world body investigating the assassination of political leader Benazir Bhutto, a UN spokeswoman said.
Published 27 Mar, 2008 12:00am
Political solution to terror fight, Gilani tells US

Political solution to terror fight, Gilani tells US

Prime Minister Yousuf Raza Gilani told US President George W Bush that a broader approach to the "war on terror" is necessary, including political solutions and development programmes, a statement said.
Published 27 Mar, 2008 12:00am
UAE sets $100 billion investment target

UAE sets $100 billion investment target

The UAE envoy in Islamabad Ali Mohammed Al-Shamsi said on Wednesday that the Emirates has set the target of $100 billion investment in Pakistan. He, in a statement, said that his country wants stability and progress in Pakistan and assures its full co-ope
Published 27 Mar, 2008 12:00am
World Bank clears national transport policy draft

World Bank clears national transport policy draft

The World Bank (WB) has completed review of National Transport Policy (NTP) and cleared its draft. The policy aims at upgradation and improvement of the current transport system with special emphasis on enhancing regional connectivity through improved lin
Published 27 Mar, 2008 12:00am
Russian firm signs deal to fix Iraq-Syria pipeline

Russian firm signs deal to fix Iraq-Syria pipeline

Russian firm Stroytransgaz has signed a protocol with Iraq to reactivate an oil export pipeline to Syria's Mediterranean terminal of Banias, the Russian firm said on Wednesday. It said it had signed the deal in Amman, Jordan, with Iraqi North Oil Company.
Published 27 Mar, 2008 12:00am
Big money in US politics - sign of excess?

Big money in US politics - sign of excess?

With eight months to go before the US presidential election, the candidates have raised almost $1 billion to fund their campaigns - more than the size of the economies of several African countries. The unusually long race for the White House - which began
Published 27 Mar, 2008 12:00am
Indian troops rescue girl stuck in shaft for 27 hours

Indian troops rescue girl stuck in shaft for 27 hours

Indian troops using digging equipment on Wednesday rescued a three-year-old girl who had been stuck in a bore well for 27 hours, rescuers said. "We have brought out Vandana from the abandoned bore well and she's now safe and ready to return home," a milit
Published 27 Mar, 2008 12:00am
Iran to hold run-off parliament votes April 25

Iran to hold run-off parliament votes April 25

Iran will hold run-off votes on April 25 for parliamentary seats not decided in a first election round earlier this month, Iranian media said on Wednesday, but the outcome will not threaten a conservative majority.
Published 27 Mar, 2008 12:00am
ISE index up 14.48 points

ISE index up 14.48 points

Equities witnessed broad-based recovery at the Islamabad Stock Exchange (ISE) on Wednesday where fresh buying spree in trend-setters moved the entire ready board in upward direction amid decrease in index. ISE-10 Index showed an improvement of 14.48 point
Published 27 Mar, 2008 12:00am
ISE index up 14.48 points

ISE index up 14.48 points

Equities witnessed broad-based recovery at the Islamabad Stock Exchange (ISE) on Wednesday where fresh buying spree in trend-setters moved the entire ready board in upward direction amid decrease in index. ISE-10 Index showed an improvement of 14.48 point
Published 27 Mar, 2008 12:00am
LSE index recovers 28.14 points

LSE index recovers 28.14 points

Share prices on the Lahore Stock Exchange (LSE) on Wednesday recovered from Tuesday's losses and finally ended with an optimistic note gaining 28.14 points, or 0.6 percent. However, the volume posted a tiny fall. The LSE-25 Index finished at 4,695.89 poin
Published 27 Mar, 2008 12:00am
LSE index recovers 28.14 points

LSE index recovers 28.14 points

Share prices on the Lahore Stock Exchange (LSE) on Wednesday recovered from Tuesday's losses and finally ended with an optimistic note gaining 28.14 points, or 0.6 percent. However, the volume posted a tiny fall. The LSE-25 Index finished at 4,695.89 poin
Published 27 Mar, 2008 12:00am
40 percent rise in services trade deficit

40 percent rise in services trade deficit

Services trade deficit widened by 40 percent to new high level of $4.224 billion during the eight months of the current fiscal year, breaching all previous records. This was mainly due to higher payments on transportation, travels, financial, computers se
Published 27 Mar, 2008 12:00am
40 percent rise in services trade deficit

40 percent rise in services trade deficit

Services trade deficit widened by 40 percent to new high level of $4.224 billion during the eight months of the current fiscal year, breaching all previous records. This was mainly due to higher payments on transportation, travels, financial, computers se
Published 27 Mar, 2008 12:00am
40 percent rise in services trade deficit

40 percent rise in services trade deficit

Services trade deficit widened by 40 percent to new high level of $4.224 billion during the eight months of the current fiscal year, breaching all previous records. This was mainly due to higher payments on transportation, travels, financial, computers se
Published 27 Mar, 2008 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (March 26, 2008).

Published 27 Mar, 2008 12:00am
Dubious contracts: Wapda, Pepco bosses start blame game

Dubious contracts: Wapda, Pepco bosses start blame game

Water and Power Development Authority Chairman and Pakistan Electric Power Company Managing Director are reportedly levelling corruption charges against each other citing award of contracts to favourites by both.
Published 27 Mar, 2008 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (March 26, 2008).

Published 27 Mar, 2008 12:00am
Dubious contracts: Wapda, Pepco bosses start blame game

Dubious contracts: Wapda, Pepco bosses start blame game

Water and Power Development Authority Chairman and Pakistan Electric Power Company Managing Director are reportedly levelling corruption charges against each other citing award of contracts to favourites by both.
Published 27 Mar, 2008 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (March 26, 2008).

Published 27 Mar, 2008 12:00am
Dubious contracts: Wapda, Pepco bosses start blame game

Dubious contracts: Wapda, Pepco bosses start blame game

Water and Power Development Authority Chairman and Pakistan Electric Power Company Managing Director are reportedly levelling corruption charges against each other citing award of contracts to favourites by both.
Published 27 Mar, 2008 12:00am
Duty relief on exploration companies imports

Duty relief on exploration companies imports

The Federal Board of Revenue (FBR) has exempted one percent special excise duty (SED) on import of vehicles, aircraft/vessels, chemicals, machinery/equipment by oil and gas exploration and production companies, and abolished federal excise duty (FED) on f
Published 27 Mar, 2008 12:00am
Duty relief on exploration companies imports

Duty relief on exploration companies imports

The Federal Board of Revenue (FBR) has exempted one percent special excise duty (SED) on import of vehicles, aircraft/vessels, chemicals, machinery/equipment by oil and gas exploration and production companies, and abolished federal excise duty (FED) on f
Published 27 Mar, 2008 12:00am
Duty relief on exploration companies imports

Duty relief on exploration companies imports

The Federal Board of Revenue (FBR) has exempted one percent special excise duty (SED) on import of vehicles, aircraft/vessels, chemicals, machinery/equipment by oil and gas exploration and production companies, and abolished federal excise duty (FED) on f
Published 27 Mar, 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 Wednesday (March 26, 2008).

Published 27 Mar, 2008 12:00am
Duty relief on exploration companies imports

Duty relief on exploration companies imports

The Federal Board of Revenue (FBR) has exempted one percent special excise duty (SED) on import of vehicles, aircraft/vessels, chemicals, machinery/equipment by oil and gas exploration and production companies, and abolished federal excise duty (FED) on f
Published 27 Mar, 2008 12:00am
Tata acquires Jaguar, Land Rover for $2.3 billion

Tata acquires Jaguar, Land Rover for $2.3 billion

India''s Tata Motors said on Wednesday it was buying British luxury icons Jaguar and Land Rover from ailing US carmaker Ford for 2.3 billion dollars as it vaulted into the premium global car market.
Published 27 Mar, 2008 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Wednesday (March 26, 2008).

Published 27 Mar, 2008 12:00am
Tata acquires Jaguar, Land Rover for $2.3 billion

Tata acquires Jaguar, Land Rover for $2.3 billion

India's Tata Motors said on Wednesday it was buying British luxury icons Jaguar and Land Rover from ailing US carmaker Ford for 2.3 billion dollars as it vaulted into the premium global car market.
Published 27 Mar, 2008 12:00am
Tata acquires Jaguar, Land Rover for $2.3 billion

Tata acquires Jaguar, Land Rover for $2.3 billion

India's Tata Motors said on Wednesday it was buying British luxury icons Jaguar and Land Rover from ailing US carmaker Ford for 2.3 billion dollars as it vaulted into the premium global car market.
Published 27 Mar, 2008 12:00am
BRIndex30 gains 140.73 points

BRIndex30 gains 140.73 points

On Wednesday, the BRIndex30 opened at 16,540.35 with an upward jump gap of 174.81 points and closed at 16,506.27 with a net positive change of 140.73 points and percentage change of 0.86. It saw the intra-day high of 16,593.92 and low of 16,530.78.
Published 27 Mar, 2008 12:00am
BRIndex30 gains 140.73 points

BRIndex30 gains 140.73 points

On Wednesday, the BRIndex30 opened at 16,540.35 with an upward jump gap of 174.81 points and closed at 16,506.27 with a net positive change of 140.73 points and percentage change of 0.86. It saw the intra-day high of 16,593.92 and low of 16,530.78.
Published 27 Mar, 2008 12:00am
KSE index hits fresh high

KSE index hits fresh high

The KSE-100 index closed at its new high level of 15,198.86 points level, up by 76.10 points on Wednesday on the back of fresh buying mainly in banking and cement sector. "The market participants welcomed the SECP announcement of the change in implementat
Published 27 Mar, 2008 12:00am
KSE index hits fresh high

KSE index hits fresh high

The KSE-100 index closed at its new high level of 15,198.86 points level, up by 76.10 points on Wednesday on the back of fresh buying mainly in banking and cement sector. "The market participants welcomed the SECP announcement of the change in implementat
Published 27 Mar, 2008 12:00am
KSE index hits fresh high

KSE index hits fresh high

The KSE-100 index closed at its new high level of 15,198.86 points level, up by 76.10 points on Wednesday on the back of fresh buying mainly in banking and cement sector. "The market participants welcomed the SECP announcement of the change in implementat
Published 27 Mar, 2008 12:00am
IPPs expansion projects to get tax exemption

IPPs expansion projects to get tax exemption

The Federal Board of Revenue has agreed to give income tax exemption on the expansion of power projects by the Independent Power Producers (IPPs) operating in the country. Sources told Business Recorder on Wednesday that the FBR had received a prop
Published 27 Mar, 2008 12:00am
IPPs expansion projects to get tax exemption

IPPs expansion projects to get tax exemption

The Federal Board of Revenue has agreed to give income tax exemption on the expansion of power projects by the Independent Power Producers (IPPs) operating in the country. Sources told Business Recorder on Wednesday that the FBR had received a prop
Published 27 Mar, 2008 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (March 26, 2008).

Published 27 Mar, 2008 12:00am
IPPs expansion projects to get tax exemption

IPPs expansion projects to get tax exemption

The Federal Board of Revenue has agreed to give income tax exemption on the expansion of power projects by the Independent Power Producers (IPPs) operating in the country. Sources told Business Recorder on Wednesday that the FBR had received a prop
Published 27 Mar, 2008 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (March 26, 2008).
Published 27 Mar, 2008 12:00am
IPPs expansion projects to get tax exemption

IPPs expansion projects to get tax exemption

The Federal Board of Revenue has agreed to give income tax exemption on the expansion of power projects by the Independent Power Producers (IPPs) operating in the country. Sources told Business Recorder on Wednesday that the FBR had received a prop
Published 27 Mar, 2008 12:00am
Gwadar port starts operations

Gwadar port starts operations

Singapore's PSA International said on Wednesday that the PSA Gwadar International Terminals port started operations on March 15 after receiving its first commercial cargo vessel.
Published 27 Mar, 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 Wednesday (March 26, 2008).

Published 27 Mar, 2008 12:00am
Negroponte, Boucher meet Gilani; assure full US support

Negroponte, Boucher meet Gilani; assure full US support

Prime Minister Syed Yousaf Raza Gillani on Wednesday said that Pakistan accords high priority to its strategic relationship with the United States and desires to further expand the relations in all the fields. He mentioned that US President George Bush ha
Published 27 Mar, 2008 12:00am
Negroponte, Boucher meet Gilani; assure full US support

Negroponte, Boucher meet Gilani; assure full US support

Prime Minister Syed Yousaf Raza Gillani on Wednesday said that Pakistan accords high priority to its strategic relationship with the United States and desires to further expand the relations in all the fields. He mentioned that US President George Bush ha
Published 27 Mar, 2008 12:00am
Bangladeshis celebrate independence

Bangladeshis celebrate independence

Hundreds of thousands of people marched on the streets of the Bangladeshi capital Wednesday carrying placards calling for alleged war criminals to be tried in special tribunals, witnesses said. The march was organised by political parties, human rights gr
Published 27 Mar, 2008 12:00am
Bangladeshis celebrate independence

Bangladeshis celebrate independence

Hundreds of thousands of people marched on the streets of the Bangladeshi capital Wednesday carrying placards calling for alleged war criminals to be tried in special tribunals, witnesses said. The march was organised by political parties, human rights gr
Published 27 Mar, 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 Wednesday (March 26, 2008).

Published 27 Mar, 2008 12:00am
Actor Richard Widmark dead at 93: reports

Actor Richard Widmark dead at 93: reports

Hollywood actor Richard Widmark, who became an overnight star for his portrayal of a psychopathic killer in 1947 classic "Kiss of Death," has died after a long illness, US media reported Wednesday. Widmark died at his home in Roxbury, Connecticut on Monda
Published 27 Mar, 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 Wednesday (March 26, 2008).

Published 27 Mar, 2008 12:00am
Protesters enter Bear Stearns building in New York

Protesters enter Bear Stearns building in New York

About 60 protesters opposed to the US Federal Reserve's help in bailing out Bear Stearns entered the lobby of the investment bank's Manhattan headquarters on Wednesday, demanding assistance for struggling homeowners.
Published 27 Mar, 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 Wednesday (March 26, 2008).

Published 27 Mar, 2008 12:00am
Fireworks blast kills 22 in China

Fireworks blast kills 22 in China

Twenty-two people were killed and 10 injured in a firecracker explosion in north-west China, state media reported early Thursday.
Published 27 Mar, 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 27 Mar, 2008 12:00am
FGIC mortgage losses exceed legal limits

FGIC mortgage losses exceed legal limits

Bond insurer FGIC Corp said on Wednesday that its exposure to mortgage losses exceeded legal risk limits and it may raise loss reserves due to litigation related to stricken German bank IKB.
Published 27 Mar, 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 27 Mar, 2008 12:00am
FGIC mortgage losses exceed legal limits

FGIC mortgage losses exceed legal limits

Bond insurer FGIC Corp said on Wednesday that its exposure to mortgage losses exceeded legal risk limits and it may raise loss reserves due to litigation related to stricken German bank IKB.
Published 27 Mar, 2008 12:00am
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