News Archives for Print - 2008-05-15 - Business Recorder

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Print - 2008-05-15

Providing commodity markets information: e-display boards being installed in Punjab cities

Providing commodity markets information: e-display boards being installed in Punjab cities

Electronic display boards being installed in various cities under the Agriculture Marketing Information Service (AMIS) has increased to 27 from 24 while 134 fruits and vegetables and grain markets have been linked with its website to provide timely, relia

Published 15 May, 2008 12:00am

NAB plan to end corruption in private housing societies

NAB plan to end corruption in private housing societies

The National Accountability Bureau (NAB) has directed the private housing societies to strictly implement its instructions to redress grievances of the affected people and end corrupt practices in the housing sector.

Published 15 May, 2008 12:00am

Passco procures 0.7 million tons of wheat

Passco procures 0.7 million tons of wheat

The Pakistan Agricultural Storage and Services Corporation (Passco) has procured 0.7 million tons of wheat from 15 Tehsils allocated in Punjab and two districts of Sindh, during its on-going procurement drive for crop 2008.

Published 15 May, 2008 12:00am

Open kutchery held

Open kutchery held

Punjab Minister for Finance, Tanvir Ashraf Kaira belonging to Pakistan Peoples Party (PPP) held an open kutchery at party central office on Wednesday. While hearing to the complaints of the people, the minister issued on the spot instructions to authoriti

Published 15 May, 2008 12:00am

DHA, Siemens ink Rs 430 million power project contract

DHA, Siemens ink Rs 430 million power project contract

DHA Lahore and Siemens Pakistan have signed a contract worth Rs 430 million for construction of an underground external electrification and street light system of DHA Sector K, L and Extension of Sector A, B, D, G & J Phase-V DHA Lahore Cantt. A groundbre

Published 15 May, 2008 12:00am

LHC calls for report in two weeks

LHC calls for report in two weeks

The Lahore High Court (LHC) has called for report in two weeks in a bail application filed by a Forex company Aegis' Director Aamir Abbas Chaudhry and ordered special prosecutor to appear before the court. The petitioner argued that he was neither involve

Published 15 May, 2008 12:00am

Constitution guarantees socio-economic well being of people: Supreme Court told

Constitution guarantees socio-economic well being of people: Supreme Court told

The Supreme Court was told on Wednesday that the constitutional provision, which guaranteed socio-economic well being of people by preventing concentration of wealth in few hands, had not changed the directions of national policies, which ultimately had s

Published 15 May, 2008 12:00am

18,000 megawatts to be generated in next five years: Shakeel

18,000 megawatts to be generated in next five years: Shakeel

Water and Power Development Authority (Wapda) Chairman Shakeel Durrani has said 18000MW will be generated in the coming next five years and power-cuts will be eradicated next year. Neelum-Jhelum Hydroelectric Project (NJHP) will generate 969MW and its tot

Published 15 May, 2008 12:00am

Weakening rupee & soaring petroleum prices: Rs six per kg rise in pulses prices likely

Weakening rupee & soaring petroleum prices: Rs six per kg rise in pulses prices likely

Weakening rupee value against dollar and soaring prices of petroleum products are likely to give rise to pulses prices by at least Rs 6 per kg in the mass and retail markets of the country shortly, importers said on Wednesday.

Published 15 May, 2008 12:00am

Customs officials threaten strike

Customs officials threaten strike

The customs officials have threatened to observe strike again, if the remaining suspended officials of the department are not reinstated early. Sources in Customs department told Business Recorder on Wednesday that the officials had earlier resumed

Published 15 May, 2008 12:00am

Plan to expedite innovation process in SMEs under way

Plan to expedite innovation process in SMEs under way

Punjab Minister for Excise and Taxation Mujtaba Shujaur Rehman has said the government is using all available tools to make the regulatory framework supportive to small and medium enterprises (SMEs) and plans are afoot to take special measures to expedite

Published 15 May, 2008 12:00am

Flour mills demand wheat from government

Flour mills demand wheat from government

The supreme council of Pakistan Flour Mills Association has demanded that the Punjab government should start issuing government wheat to the flour mills to maintain the supply of flour in the market.

Published 15 May, 2008 12:00am

Clarification

Clarification

The Punjab examination commission spokesman has said that no examination paper of social studies for class V has been out and paper appearing in newspapers was in fact a model paper. The spokesman said the commission conducted an experimental exam in Janu

Published 15 May, 2008 12:00am

NetSol announces financial results

NetSol announces financial results

The NetSol Technologies Limited (Pakistan) has announced financial results for the first three quarters of fiscal year 2008, ended March 31.

Published 15 May, 2008 12:00am

LPG price further rises

LPG price further rises

Marketing companies have made further Re 1 per kilogramme increase in the price of liquefied petroleum gas (LPG), raising it to Rs 51 per kilogramme in Karachi and Rs 52 per kilogramme in the Punjab.

Published 15 May, 2008 12:00am

Need to use modern technology in printing field stressed

Need to use modern technology in printing field stressed

Lahore Chamber of Commerce and Industry (LCCI) President Muhammad Ali Mian has said exhibitions are the only way to enhance trade. He was speaking at a press conference at the chamber about the exhibition titled "Print Pak" which is to held at the Expo Ce

Published 15 May, 2008 12:00am

Capacity building funds' proper utilisation recommended

Capacity building funds' proper utilisation recommended

Experts at a national workshop on Wednesday recommended efficient utilisation of capacity building funds, supporting key elements of the Paris Declaration on Harmonisation and Alignment. The participants of the workshop on "Capacity Development for Aid Ef

Published 15 May, 2008 12:00am

Rising cost of doing business: business leaders urge government to offset inflationary pressures

Rising cost of doing business: business leaders urge government to offset inflationary pressures

Business community has urged the government to take appropriate measures to arrest falling rupee value against dollar, contain and curtail inflation, reduce load shedding and stabilise economic conditions. They warned of food riots if the government did n

Published 15 May, 2008 12:00am

Funds shortage hits SLM practices promotion

Funds shortage hits SLM practices promotion

Non-availability of funds is the biggest hurdle in promoting Sustainable Land Management (SLM) practices, Business Recorder learnt here on Wednesday. Pakistan - mainly a dry country with 80 percent of its landmass consists of arid and semi-arid reg

Published 15 May, 2008 12:00am

FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

The Senate session, the first in the new parliamentary year that began on March 12, concluded after 20 days sitting, with debate on price hike of food items and the necessities of life on Wednesday.

Published 15 May, 2008 12:00am

Mother's Day celebrated at Pearl Continental

Mother's Day celebrated at Pearl Continental

'Mother's Day' at Pearl Continental Hotel Karachi was celebrated with great zeal. Every child expressed thoughts of love and respect that they have for their mother.

Published 15 May, 2008 12:00am

NAB arrests firm's director

NAB arrests firm's director

The National Accountability Bureau (NAB) has arrested Muhammad Afaq Shamsi, Director, Quis Food Industries over the charge of non-payment of bank loan. According to a press release issued here on Wednesday, Shamsi and his other nine co-partners lent aroun

Published 15 May, 2008 12:00am

'Interior Sindh to get industrial zones'

'Interior Sindh to get industrial zones'

Provincial Minister for Trade and Industry, Rauf Siddiqui has said that in order to attract the foreign investors, the industrial infrastructure and the law and order situation should be improved, says a press release.

Published 15 May, 2008 12:00am

'July-April trade deficit rises to $16.08 billion'

'July-April trade deficit rises to $16.08 billion'

Dr Shahzad Arshad Chairman, Pakistan Cotton Fashion Apparel Manufactures and Exporters Association as well as Deputy Chief Co-ordinator, Pakistan Apparel Forum said that July-April trade deficit rises to 16.08 billion dollar. He said this in a press state

Published 15 May, 2008 12:00am

Pakistan Steel new Director, Finance

Pakistan Steel new Director, Finance

Muhammad Sharif Awan, a BS-19 officer of Income Tax Group, has taken charge of Director (Finance), Pakistan Steel. He has vast experience of 23 years wherein he served in the Ministry of Interior, Ministry of Foreign Affairs, Federal Board of Revenue and

Published 15 May, 2008 12:00am

PTA's drive against unauthorised SIMs continues

PTA's drive against unauthorised SIMs continues

On the consecutive second day of its drive against unauthorised mobile SIMs, PTA along with police carried out more raids in other areas of Karachi, ie Bhitaiabad, Civil Lines, Gulistan-e-Johar, Gulshan-e-Iqbal, Nazimabad, F B Area, Pehlwan Goth etc.

Published 15 May, 2008 12:00am

Senators demand probe into irregularities in NCHD

Senators demand probe into irregularities in NCHD

Senate was told on Wednesday that the National Commission for Human Development (NCHD) has spent rupees five billion in addition to the 27.8 million-dollar foreign donations without audit. The Senators from both sides of the house also demanded of the gov

Published 15 May, 2008 12:00am

Enraged mob lynch three 'dacoits'

Enraged mob lynch three 'dacoits'

Watched by scores of people, an enraged crowd on Wednesday burnt three alleged dacoits to death in Ranchor Lines. The lynch crowd captured these three people whom they considered guilty of a crime, did not allow them to have a fair trial in court, and kil

Published 15 May, 2008 12:00am

Enraged mob lynch three 'dacoits'

Enraged mob lynch three 'dacoits'

Watched by scores of people, an enraged crowd on Wednesday burnt three alleged dacoits to death in Ranchor Lines. The lynch crowd captured these three people whom they considered guilty of a crime, did not allow them to have a fair trial in court, and kil

Published 15 May, 2008 12:00am

Reap allowed to export two million tons of rice

Reap allowed to export two million tons of rice

To reduce the balance of trade gap to some extent, government has allowed the Rice Exporters Association of Pakistan (Reap) to export two million tons rice, sources told Business Recorder here on Wednesday. The trade deficit in 2007-08 has increase

Published 15 May, 2008 12:00am

Reap allowed to export two million tons of rice

Reap allowed to export two million tons of rice

To reduce the balance of trade gap to some extent, government has allowed the Rice Exporters Association of Pakistan (Reap) to export two million tons rice, sources told Business Recorder here on Wednesday. The trade deficit in 2007-08 has increase

Published 15 May, 2008 12:00am

Reap allowed to export two million tons of rice

Reap allowed to export two million tons of rice

To reduce the balance of trade gap to some extent, government has allowed the Rice Exporters Association of Pakistan (Reap) to export two million tons rice, sources told Business Recorder here on Wednesday. The trade deficit in 2007-08 has increase

Published 15 May, 2008 12:00am

Sharifs' nomination papers: verdicts reserved on objections

Sharifs' nomination papers: verdicts reserved on objections

The Returning Officers of NA-123 and PP-154 on Wednesday reserved verdicts on objections against the candidatures of PML-N Chief Mian Muhammad Nawaz Sharif and party's president Mian Shahbaz Sharif.

Published 15 May, 2008 12:00am

Sharifs' nomination papers: verdicts reserved on objections

Sharifs' nomination papers: verdicts reserved on objections

The Returning Officers of NA-123 and PP-154 on Wednesday reserved verdicts on objections against the candidatures of PML-N Chief Mian Muhammad Nawaz Sharif and party's president Mian Shahbaz Sharif.

Published 15 May, 2008 12:00am

Gamblers lost $34 billion at US casinos in 2007

Gamblers lost $34 billion at US casinos in 2007

Gamblers lost $34.1 billion at US commercial casinos in 2007, according to a report by the American Gaming Association (AGA) released on Wednesday. That is up about 73 percent from the casinos'' gross gaming revenue of $19.7 billion 10 years ago and a 5.3

Published 15 May, 2008 12:00am

Gamblers lost $34 billion at US casinos in 2007

Gamblers lost $34 billion at US casinos in 2007

Gamblers lost $34.1 billion at US commercial casinos in 2007, according to a report by the American Gaming Association (AGA) released on Wednesday. That is up about 73 percent from the casinos' gross gaming revenue of $19.7 billion 10 years ago and a 5.3

Published 15 May, 2008 12:00am

Gamblers lost $34 billion at US casinos in 2007

Gamblers lost $34 billion at US casinos in 2007

Gamblers lost $34.1 billion at US commercial casinos in 2007, according to a report by the American Gaming Association (AGA) released on Wednesday. That is up about 73 percent from the casinos' gross gaming revenue of $19.7 billion 10 years ago and a 5.3

Published 15 May, 2008 12:00am

Islamabad denies violation of ceasefire

Islamabad denies violation of ceasefire

Occupation Indian Army accused Pakistan on Wednesday of violating a cease-fire by firing across a military control line that divides Kashmir between the two countries. But Pakistan denied that any firing had taken place.

Published 15 May, 2008 12:00am

Islamabad denies violation of ceasefire

Islamabad denies violation of ceasefire

Occupation Indian Army accused Pakistan on Wednesday of violating a cease-fire by firing across a military control line that divides Kashmir between the two countries. But Pakistan denied that any firing had taken place.

Published 15 May, 2008 12:00am

Dozen militants killed in US strike on houses

Dozen militants killed in US strike on houses

At least a dozen militants including foreign fighters were killed Wednesday in a suspected US missile strike on two houses in north-western Pakistan, a senior security official said.

Published 15 May, 2008 12:00am

Dozen militants killed in US strike on houses

Dozen militants killed in US strike on houses

At least a dozen militants including foreign fighters were killed Wednesday in a suspected US missile strike on two houses in north-western Pakistan, a senior security official said.

Published 15 May, 2008 12:00am

The Weather

The Weather

The weather report on Wednesday (May 14, 2008) and the forecast for Thursday (May 15, 2008).

Published 15 May, 2008 12:00am

Islamic financial services industry needs consolidation: Dr Shamshad

Islamic financial services industry needs consolidation: Dr Shamshad

State Bank of Pakistan (SBP) Governor Dr Shamshad Akhtar has said that the Islamic financial services industry needs to consolidate itself to be able to better compete with global players through achieving scale, efficiency and cost-effectiveness in addit

Published 15 May, 2008 12:00am

Key stock and currency market movements

Key stock and currency market movements

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).

Published 15 May, 2008 12:00am

Nato urges Pakistan to combat cross-border attacks

Nato urges Pakistan to combat cross-border attacks

Nato has urged Pakistan to do more to ensure security on its border with Afghanistan following a rise in cross border attacks, the alliance's chief spokesman said Wednesday. "The number of attacks is up significantly from the same period last year," spoke

Published 15 May, 2008 12:00am

LME official prices

LME official prices

LME official prices on Tuesday.

Published 15 May, 2008 12:00am

Nato urges Pakistan to combat cross-border attacks

Nato urges Pakistan to combat cross-border attacks

Nato has urged Pakistan to do more to ensure security on its border with Afghanistan following a rise in cross border attacks, the alliance's chief spokesman said Wednesday. "The number of attacks is up significantly from the same period last year," spoke

Published 15 May, 2008 12:00am

LME official prices

LME official prices

LME official prices on Tuesday.

Published 15 May, 2008 12:00am

Troops being 'thinned out' in South Waziristan for pact

Troops being 'thinned out' in South Waziristan for pact

Pakistan has begun shifting troops from parts of the South Waziristan region on the Afghan border in an effort to make peace with Baituallah Mehsud, officials said on Wednesday. The new government has been trying to make peace with Baituallah Mehsud throu

Published 15 May, 2008 12:00am

Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (May 14, 2008).

Published 15 May, 2008 12:00am

Troops being 'thinned out' in South Waziristan for pact

Troops being 'thinned out' in South Waziristan for pact

Pakistan has begun shifting troops from parts of the South Waziristan region on the Afghan border in an effort to make peace with Baituallah Mehsud, officials said on Wednesday. The new government has been trying to make peace with Baituallah Mehsud throu

Published 15 May, 2008 12:00am

Poultry rates

Poultry rates

Wholesale poultry rates on Wednesday (May 14, 2008) and for Thursday (May 15, 2008).

Published 15 May, 2008 12:00am

Five of a family killed in road mishap

Five of a family killed in road mishap

Five family members including two women were killed in a head on collision between a car and truck at Bhagtanwala-Sargodha road about 60km from here on Wednesday morning.

Published 15 May, 2008 12:00am

NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from Thursday, (May 15, 2008).

Published 15 May, 2008 12:00am

54 percent optimistic about reinstatement of deposed judges: Aaj poll

54 percent optimistic about reinstatement of deposed judges: Aaj poll

Aaj.tv has conducted an opinion poll on the judges' issue. According to its online poll, 54 percent of voters are optimistic about restoration or deposed judges, while 42 percent are doubtful over the prospects of reinstatement of these judges.

Published 15 May, 2008 12:00am

NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from Thursday, (May 15, 2008).

Published 15 May, 2008 12:00am

54 percent optimistic about reinstatement of deposed judges: Aaj poll

54 percent optimistic about reinstatement of deposed judges: Aaj poll

Aaj.tv has conducted an opinion poll on the judges' issue. According to its online poll, 54 percent of voters are optimistic about restoration or deposed judges, while 42 percent are doubtful over the prospects of reinstatement of these judges.

Published 15 May, 2008 12:00am

NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from Thursday, (May 15, 2008).

Published 15 May, 2008 12:00am

E ON profit misses expectations

E ON profit misses expectations

Germany's E.ON, the world's largest utility, missed analyst forecasts with a 1 percent dip in first-quarter operating earnings, as it lost money on trading activities and earnings from Britain fell. In a statement on Wednesday, E.ON said higher purchase p

Published 15 May, 2008 12:00am

Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (May 14, 2008).

Published 15 May, 2008 12:00am

ISE index manages 1.72 points gain

ISE index manages 1.72 points gain

Mixed trend was observed at the Islamabad Stock Exchange (ISE) on Wednesday where bulls dominated the proceedings under the lead of hot favourite amid increase in index. ISE-10 Index was plus by 1.72 points from 3,159.70 to 3,161.42 points. The overall vo

Published 15 May, 2008 12:00am

Lahore Paper Market Rates

Lahore Paper Market Rates

Paper market rates in rupees on Wednesday (May 14, 2008).

Published 15 May, 2008 12:00am

ISE index manages 1.72 points gain

ISE index manages 1.72 points gain

Mixed trend was observed at the Islamabad Stock Exchange (ISE) on Wednesday where bulls dominated the proceedings under the lead of hot favourite amid increase in index. ISE-10 Index was plus by 1.72 points from 3,159.70 to 3,161.42 points. The overall vo

Published 15 May, 2008 12:00am

National Commodity Exchange Trading Summary

National Commodity Exchange Trading Summary

National Commodity Exchange Limited Trading Summary on Wednesday (May 14, 2008).

Published 15 May, 2008 12:00am

Stocks depict mixed trend on LSE

Stocks depict mixed trend on LSE

Share prices showed mixed trend on Lahore Stock Exchange (LSE) on Wednesday as equities moved both ways but ended with gains on buying in the insurance sector and securities stocks. The market moved unevenly most of time, but buying interest, particularly

Published 15 May, 2008 12:00am

Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (May 14, 2008).

Published 15 May, 2008 12:00am

Stocks depict mixed trend on LSE

Stocks depict mixed trend on LSE

Share prices showed mixed trend on Lahore Stock Exchange (LSE) on Wednesday as equities moved both ways but ended with gains on buying in the insurance sector and securities stocks. The market moved unevenly most of time, but buying interest, particularly

Published 15 May, 2008 12:00am

Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (May 14, 2008).

Published 15 May, 2008 12:00am

Post-Clearance Audit scheme in serious trouble

Post-Clearance Audit scheme in serious trouble

A key reform initiative under the Tax Administration Reform Project (TARP) ie ''Post-Clearance Audit'' (PCA) is in serious trouble, as the former project director of PCA has refused to accept the new set-up at Model Customs Collectorate (MCC), Karachi for

Published 15 May, 2008 12:00am

Dollar's rate in interbank market

Dollar's rate in interbank market

Interbank closing rates for dollar on Wednesday (May 14, 2008).

Published 15 May, 2008 12:00am

Post-Clearance Audit scheme in serious trouble

Post-Clearance Audit scheme in serious trouble

A key reform initiative under the Tax Administration Reform Project (TARP) ie 'Post-Clearance Audit' (PCA) is in serious trouble, as the former project director of PCA has refused to accept the new set-up at Model Customs Collectorate (MCC), Karachi for c

Published 15 May, 2008 12:00am

Kerb buying and selling rate of US dollar

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Wednesday (May 14, 2008).

Published 15 May, 2008 12:00am

Post-Clearance Audit scheme in serious trouble

Post-Clearance Audit scheme in serious trouble

A key reform initiative under the Tax Administration Reform Project (TARP) ie 'Post-Clearance Audit' (PCA) is in serious trouble, as the former project director of PCA has refused to accept the new set-up at Model Customs Collectorate (MCC), Karachi for c

Published 15 May, 2008 12:00am

THE RUPEE: dollar higher

THE RUPEE: dollar higher

Bearish sentiment was witnessed on the currency market on Wednesday as the rupee gave up its firmness due to heavy demand by the importers, experts said. At official closing, in the interbank market, the rupee shed 25 paisa in relation to dollar for buyin

Published 15 May, 2008 12:00am

BRIndex30 up by 90.81 points

BRIndex30 up by 90.81 points

The BRIndex30 registered a positive change of 90.81 points, or 0.57 percent, on Wednesday, closing at 16,072.59. It opened at 16,033.13 and recorded intra-day high of 16,162.00 and low of 15,958.21. The volume amounted to 151,712,400 shares, which was 65.

Published 15 May, 2008 12:00am

THE RUPEE: dollar higher

THE RUPEE: dollar higher

Bearish sentiment was witnessed on the currency market on Wednesday as the rupee gave up its firmness due to heavy demand by the importers, experts said. At official closing, in the interbank market, the rupee shed 25 paisa in relation to dollar for buyin

Published 15 May, 2008 12:00am

BRIndex30 up by 90.81 points

BRIndex30 up by 90.81 points

The BRIndex30 registered a positive change of 90.81 points, or 0.57 percent, on Wednesday, closing at 16,072.59. It opened at 16,033.13 and recorded intra-day high of 16,162.00 and low of 15,958.21. The volume amounted to 151,712,400 shares, which was 65.

Published 15 May, 2008 12:00am

Cement:- DG KHAN CEMENT CO LTD - Analysis of Financial Statements Financial Year 2004 - H 2001 2008

Cement:- DG KHAN CEMENT CO LTD - Analysis of Financial Statements Financial Year 2004 - H 2001 2008

D.G. Khan Cement Company Limited (DGKCC), a unit of Nishat group is one of the largest cement manufacturing unit in Pakistan. It is listed on all the three stock exchanges of the country. Before it was the largest unit but now it came on the second positi

Published 15 May, 2008 12:00am

KSE index gains 50.94 points

KSE index gains 50.94 points

The KSE-100 index gained 50.94 points on Wednesday to close at 14,593.44 points on the back of fresh buying mainly in oil and banking sector stocks. The KSE-30 index increased by 125.71 points and settled at 17,493.18 points. The market witnessed healthy

Published 15 May, 2008 12:00am

Cement:- DG KHAN CEMENT CO LTD - Analysis of Financial Statements Financial Year 2004 - H 2001 2008

Cement:- DG KHAN CEMENT CO LTD - Analysis of Financial Statements Financial Year 2004 - H 2001 2008

D.G. Khan Cement Company Limited (DGKCC), a unit of Nishat group is one of the largest cement manufacturing unit in Pakistan. It is listed on all the three stock exchanges of the country. Before it was the largest unit but now it came on the second positi

Published 15 May, 2008 12:00am

KSE index gains 50.94 points

KSE index gains 50.94 points

The KSE-100 index gained 50.94 points on Wednesday to close at 14,593.44 points on the back of fresh buying mainly in oil and banking sector stocks. The KSE-30 index increased by 125.71 points and settled at 17,493.18 points. The market witnessed healthy

Published 15 May, 2008 12:00am

All shares index report

All shares index report

The sector-wise all shares index report on Wednesday (May 14, 2008).

Published 15 May, 2008 12:00am

KSE index gains 50.94 points

KSE index gains 50.94 points

The KSE-100 index gained 50.94 points on Wednesday to close at 14,593.44 points on the back of fresh buying mainly in oil and banking sector stocks. The KSE-30 index increased by 125.71 points and settled at 17,493.18 points. The market witnessed healthy

Published 15 May, 2008 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Thursday (15 May 2008)

Published 15 May, 2008 12:00am

Practical solutions: narrowing trade deficit - II

Practical solutions: narrowing trade deficit - II

Pakistan is among the top dates exporting countries in terms of quantity, but not quality-wise. The dates produced in Pakistan are dry and hard - not pulpy and soft like the Iranian or Arabian varieties. So in actual consuming counties, Pakistani dates ar

Published 15 May, 2008 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Thursday (15 May 2008)

Published 15 May, 2008 12:00am

Practical solutions: narrowing trade deficit - II

Practical solutions: narrowing trade deficit - II

Pakistan is among the top dates exporting countries in terms of quantity, but not quality-wise. The dates produced in Pakistan are dry and hard - not pulpy and soft like the Iranian or Arabian varieties. So in actual consuming counties, Pakistani dates ar

Published 15 May, 2008 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Thursday (15 May 2008)

Published 15 May, 2008 12:00am

Fiscal deficit to be cut to five percent: Senate informed

Fiscal deficit to be cut to five percent: Senate informed

The government on Wednesday said it would bring down fiscal deficit to 5 percent by end of the year from existing 8.5 percent and increase wages of the government employees to provide them some compensation for the rising prices of essential commodities.

Published 15 May, 2008 12:00am

BRIndex30 and BR Sectoral Indices

BRIndex30 and BR Sectoral Indices

BRIndex30 and BR Sectoral Indices on Wednesday (May 14, 2008).

Published 15 May, 2008 12:00am

Fiscal deficit to be cut to five percent: Senate informed

Fiscal deficit to be cut to five percent: Senate informed

The government on Wednesday said it would bring down fiscal deficit to 5 percent by end of the year from existing 8.5 percent and increase wages of the government employees to provide them some compensation for the rising prices of essential commodities.

Published 15 May, 2008 12:00am

Despatch of dividend warrants

Despatch of dividend warrants

Dates of despatch of dividend warrants and bonus share certificates.

Published 15 May, 2008 12:00am

Fiscal deficit to be cut to five percent: Senate informed

Fiscal deficit to be cut to five percent: Senate informed

The government on Wednesday said it would bring down fiscal deficit to 5 percent by end of the year from existing 8.5 percent and increase wages of the government employees to provide them some compensation for the rising prices of essential commodities.

Published 15 May, 2008 12:00am

BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 15 May, 2008 12:00am

China says capital inflows make tightening tough

China says capital inflows make tightening tough

China's freedom to deliver its declared monetary tightening is constricted by the risk of a tide of cash rushing into the country, the central bank said on Wednesday. But the People's Bank of China, in its first-quarter policy report, said it would still

Published 15 May, 2008 12:00am

Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 15 May, 2008 12:00am

Asian economies holding up: Merrill Lynch

Asian economies holding up: Merrill Lynch

Asia''s strong economic growth will persist despite an ailing US economy as the region diversifies its export markets and a new breed of young and wealthy citizens drive consumption, investment bank Merrill Lynch said Wednesday.

Published 15 May, 2008 12:00am

Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 15 May, 2008 12:00am

Asian economies holding up: Merrill Lynch

Asian economies holding up: Merrill Lynch

Asia's strong economic growth will persist despite an ailing US economy as the region diversifies its export markets and a new breed of young and wealthy citizens drive consumption, investment bank Merrill Lynch said Wednesday.

Published 15 May, 2008 12:00am

Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Wednesday (May 14, 2008).

Published 15 May, 2008 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 25	277.83
USD PKR Interbank Buying / Nov 25	277.73
USD to Japanese Yen / Nov 25	154.29
USD to Swiss Franc / Nov 25	0.89
Pound Sterling to USD / Nov 25	1.26
Euro to USD / Nov 25	1.05

Stock	Volume
S&P 500 / Nov 22	5,969.34
Nasdaq / Nov 22	18,003.65
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59
France CAC40 / Nov 22	7,255.01
India Sensex / Nov 25	80,331.40
Tokyo Nikkei / Nov 25	38,933.62

Item	Value
Gold 10 Grams PKR / Nov 22	240,483
Crude Oil USD/Barrel / Nov 25	70.68
Karachi Cotton PKR/37.32 KG / Nov 25	17,685
Gold Spot USD/Ounce / Nov 25	2,664.27
Cotton US¢/pound / Nov 25	71.20
Petrol/Litre / Nov 26	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 26 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 26 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 26 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 26 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 26 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 26 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 26 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 26 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 26 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 26 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 26 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 26 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 26 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 26 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 26 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 26 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 26 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 26 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 26 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 26 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 26 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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