News Archives for Print - 2008-08-27

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (August 26, 2008).

Published 27 Aug, 2008 12:00am

SNGPL clarification

Sui Northern Gas Pipeline Limited (SNGPL) has clarified that it does not use PEC documents and is covered by its own procurement procedure. Apropos a news item carried by Business Recorder on August 20, the SNGPL said that in cases where no price e

Published 27 Aug, 2008 12:00am

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (August 26, 2008).

Published 27 Aug, 2008 12:00am

Clash between two rival groups: three students killed at Karachi University

At least three students were killed and several others injured in a clash between two rival student groups at Karachi University on Tuesday. Police sources told Business Recorder that Ramesh, Jabbar and Osama were killed and Maaz Farooqi, In charge

Published 27 Aug, 2008 12:00am

KKI closing rates of currency notes

Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Tuesday (August 26, 2008).

Published 27 Aug, 2008 12:00am

Provision of potable water to citizens among top priorities: Shahbaz

Punjab Chief Minister Mian Muhammad Shahbaz Sharif has said that regular and abundant supply of potable water to the citizens is among his top priorities and solid measures were being taken to save the people from the fatal diseases caused by contaminated

Published 27 Aug, 2008 12:00am

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Tuesday (August 26, 2008).

Published 27 Aug, 2008 12:00am

Punjab Assembly would not be dissolved: Taseer

Punjab Governor Salman Taseer addressing a press conference here on Tuesday declared that Punjab Assembly would not be dissolved and the democratic process would not be allowed to be harmed. He said Pakistan Peoples Party (PPP) was a symbol of federation

Published 27 Aug, 2008 12:00am

US treasuries bid yields

US treasuries bid yields on Tuesday (August 26, 2008).

Published 27 Aug, 2008 12:00am

Software piracy: 'Pakistan missing huge investment opportunity'

Country Manager, Microsoft Kamal Ahmad, has said the foreign investors are not taking interest to commence research work in IT sector and Pakistan is missing huge investment opportunity because of software piracy. He was speaking in a workshop on "Counter

Published 27 Aug, 2008 12:00am

US treasuries bid yields

US treasuries bid yields on Tuesday (August 26, 2008).

Published 27 Aug, 2008 12:00am

Advanced clocks time for one more month under study

After saving over 500 MW of electricity through advancement of clocks for one-hour from June this year, the Federal government is considering a proposal for extending the clocks for another month from September 1.

Published 27 Aug, 2008 12:00am

US treasuries bid yields

US treasuries bid yields on Tuesday (August 26, 2008).

Published 27 Aug, 2008 12:00am

LDDB, DeLaval ink MoU to assist dairy farmers

Livestock & Dairy Development Board (LDDB) and DeLaval Pakistan have signed a memorandum of understanding (MoU) to assist and support progressive dairy farmers in the country by providing information on milking equipment, farm mechanisation equipment and

Published 27 Aug, 2008 12:00am

US treasuries bid prices

US treasuries bid prices on Tuesday (August 26, 2008).

Published 27 Aug, 2008 12:00am

Murderer arrested

Investigation Police have apprehended a criminal, who was wanted for murder and robbery cases. Police recovered Rs 11 thousand cash and a mobile phone from his possession. The accused had murdered a woman namely Razia Perveen with the help of his wife 20

Published 27 Aug, 2008 12:00am

US treasuries bid prices

US treasuries bid prices on Tuesday (August 26, 2008).

Published 27 Aug, 2008 12:00am

3,335kg poppy straw, 80 bags of onion recovered

A credible information was received by Fazal Qadir Qalbani, Director, Intelligence and Investigation-FBR, Karachi, that a considerable quantity of contraband poppy straw is being smuggled into the country from Afghanistan to interior Sindh via Quetta-Balo

Published 27 Aug, 2008 12:00am

US treasuries bid prices

US treasuries bid prices on Tuesday (August 26, 2008).

Published 27 Aug, 2008 12:00am

BoR sends draft to law department for creating post of commissioner

Board of Revenue (BoR) Punjab has sent a draft to the Punjab Law Department asking for creation of divisions in the province through amendment in the Punjab Land Revenue Act, which is the first step towards restoring the office of Commissioner in the prov

Published 27 Aug, 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 27 Aug, 2008 12:00am

Rally blast hurts 30 in Quetta

At least 30 people were injured on Tuesday when a bomb ripped through a political rally by nationalist tribesmen in Balochistan, officials said. The bombing occurred as the Baloch nationalists observed the second anniversary of the death of their rebellio

Published 27 Aug, 2008 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Tuesday (August 26, 2008).

Published 27 Aug, 2008 12:00am

Broadening tax base: WHT to be used as major source of documentation

The Federal Board of Revenue (FBR) has decided to use withholding taxes as a major source of documentation for broadening the tax base.

Published 27 Aug, 2008 12:00am

London Interbank Offered Rates

London Interbank Offered Rates (LIBOR) on Tuesday (August 26, 2008).

Published 27 Aug, 2008 12:00am

Non-banking financial companies: proposal to allow to set off accrued losses retrospectively

The Federal Board of Revenue (FBR) is examining a proposal to allow non-banking finance companies, modarabas or insurance companies to set off accumulated losses retrospectively from July 1 2007.

Published 27 Aug, 2008 12:00am

Spot dollar rates

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

Published 27 Aug, 2008 12:00am

Russia recognises Georgia rebel regions

Russian President Dmitry Medvedev announced on Tuesday that Moscow had decided to recognise two rebel regions of Georgia as independent states, setting it on a collision course with the West. "I have signed decrees on the recognition by the Russian Federa

Published 27 Aug, 2008 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (August 26, 2008).

Published 27 Aug, 2008 12:00am

Russia recognises Georgia rebel regions

Russian President Dmitry Medvedev announced on Tuesday that Moscow had decided to recognise two rebel regions of Georgia as independent states, setting it on a collision course with the West. "I have signed decrees on the recognition by the Russian Federa

Published 27 Aug, 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 (August 26, 2008).

Published 27 Aug, 2008 12:00am

Pakistan now Asia''s second worst performing market: research report

Pakistan has become the second worst performing market in Asia, as after posting average annual gains of 28 percent during the last 10 years, it is down by 45 percent in US dollar terms in the current year from January 01, 2008 to date, analysts said.

Published 27 Aug, 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 (August 26, 2008).

Published 27 Aug, 2008 12:00am

Pakistan now Asia's second worst performing market: research report

Pakistan has become the second worst performing market in Asia, as after posting average annual gains of 28 percent during the last 10 years, it is down by 45 percent in US dollar terms in the current year from January 01, 2008 to date, analysts said.

Published 27 Aug, 2008 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Tuesday (August 26, 2008).

Published 27 Aug, 2008 12:00am

Pakistan now Asia's second worst performing market: research report

Pakistan has become the second worst performing market in Asia, as after posting average annual gains of 28 percent during the last 10 years, it is down by 45 percent in US dollar terms in the current year from January 01, 2008 to date, analysts said.

Published 27 Aug, 2008 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Tuesday (August 26, 2008).

Published 27 Aug, 2008 12:00am

Government withdraws MEP of non-basmati rice

The government has, with immediate effect, withdrawn the minimum export price (MEP) of non-basmati varieties of rice. The Ministry of Commerce, through a public notice issued on August 23, announced that the export of super Basmati rice would be allowed a

Published 27 Aug, 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 (August 26, 2008).

Published 27 Aug, 2008 12:00am

Government withdraws MEP of non-basmati rice

The government has, with immediate effect, withdrawn the minimum export price (MEP) of non-basmati varieties of rice. The Ministry of Commerce, through a public notice issued on August 23, announced that the export of super Basmati rice would be allowed a

Published 27 Aug, 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 (August 26, 2008).

Published 27 Aug, 2008 12:00am

Government withdraws MEP of non-basmati rice

The government has, with immediate effect, withdrawn the minimum export price (MEP) of non-basmati varieties of rice. The Ministry of Commerce, through a public notice issued on August 23, announced that the export of super Basmati rice would be allowed a

Published 27 Aug, 2008 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (August 26, 2008).

Published 27 Aug, 2008 12:00am

Income tax ''group relief'' to companies: FBR asks SECP to issue rules

The Federal Board of Revenue (FBR) has approached the Securities and Exchange Commission of Pakistan (SECP) for issuance of rules on ''group relief'' to companies for clearly specifying conditions required for corporate sector entitled to such relief.

Published 27 Aug, 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 27 Aug, 2008 12:00am

Income tax 'group relief' to companies: FBR asks SECP to issue rules

The Federal Board of Revenue (FBR) has approached the Securities and Exchange Commission of Pakistan (SECP) for issuance of rules on 'group relief' to companies for clearly specifying conditions required for corporate sector entitled to such relief.

Published 27 Aug, 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 27 Aug, 2008 12:00am

Income tax 'group relief' to companies: FBR asks SECP to issue rules

The Federal Board of Revenue (FBR) has approached the Securities and Exchange Commission of Pakistan (SECP) for issuance of rules on 'group relief' to companies for clearly specifying conditions required for corporate sector entitled to such relief.

Published 27 Aug, 2008 12:00am

Karachi interbank rates

Karachi interbank rates on Tuesday (August 26, 2008).

Published 27 Aug, 2008 12:00am

Iraq expects to resume oil flow to Turkey soon

Iraq expects to resume oil exports to Turkey through its northern pipeline within hours after a routine stoppage, an oil official said on Tuesday. The line is Iraq''s secondary export route, handling about 430,000 barrels per day. Most of Iraq''s crude sh

Published 27 Aug, 2008 12:00am

New York cotton

Monday's closing prices of New York cotton in US cents/lb.

Published 27 Aug, 2008 12:00am

Iraq expects to resume oil flow to Turkey soon

Iraq expects to resume oil exports to Turkey through its northern pipeline within hours after a routine stoppage, an oil official said on Tuesday. The line is Iraq's secondary export route, handling about 430,000 barrels per day. Most of Iraq's crude ship

Published 27 Aug, 2008 12:00am

New York cotton

Monday's closing prices of New York cotton in US cents/lb.

Published 27 Aug, 2008 12:00am

Iraq expects to resume oil flow to Turkey soon

Iraq expects to resume oil exports to Turkey through its northern pipeline within hours after a routine stoppage, an oil official said on Tuesday. The line is Iraq's secondary export route, handling about 430,000 barrels per day. Most of Iraq's crude ship

Published 27 Aug, 2008 12:00am

Aaj TV - Wednesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 27 Aug, 2008 12:00am

JBIC ready to finance $750 million Port Bridge

Japan Bank for International Co-operation (JBIC) has agreed to finance the $750 million Port Bridge, a cable stay bridge to be built by Karachi Port Trust (KPT) over its navigational channel at Karachi port.

Published 27 Aug, 2008 12:00am

Olympics set the stage for emerging Web tech fight

As the world's best athletes compete in Beijing, the summer Olympic games are setting the stage for a battle between Microsoft Corp and Adobe Systems Inc over the Internet's next big competition. Microsoft's Silverlight technology and rival Adobe's Flash

Published 27 Aug, 2008 12:00am

JBIC ready to finance $750 million Port Bridge

Japan Bank for International Co-operation (JBIC) has agreed to finance the $750 million Port Bridge, a cable stay bridge to be built by Karachi Port Trust (KPT) over its navigational channel at Karachi port.

Published 27 Aug, 2008 12:00am

Sinopec plays down Imperial bid, warns of tough second-half

Chinese oil refiner Sinopec Corp on Tuesday warned of tough quarters ahead domestically, as it played down prospects of a counterbid for Imperial Energy Corp Plc by its parent company.

Published 27 Aug, 2008 12:00am

JBIC ready to finance $750 million Port Bridge

Japan Bank for International Co-operation (JBIC) has agreed to finance the $750 million Port Bridge, a cable stay bridge to be built by Karachi Port Trust (KPT) over its navigational channel at Karachi port.

Published 27 Aug, 2008 12:00am

Gold lower in New York

Gold ended lower in quiet trade on Monday as a dollar rise against the euro prompted profit taking, but the metal could build on its recent base at $820 an ounce, analysts said. Bullion could find support at above $800 an ounce, with the help of buying fr

Published 27 Aug, 2008 12:00am

Taiwan's dismal orders signal slowing Asian exports

A drop in Taiwan's export orders growth to a five-year low in July shows that Asia's exports engine is stuttering and heralds a bumpy ride in months ahead for the region's economies. Taiwan's orders, a barometer for global electronics demand and the islan

Published 27 Aug, 2008 12:00am

Gold slips in Asia

Gold dipped in volatile trade on Tuesday after the dollar rose towards a six-month high against the euro but the metal could find support above $800 an ounce on bargain hunting, with jewellers also likely to buy on dips. Silver, platinum and palladium fir

Published 27 Aug, 2008 12:00am

ONGC to pay $2.6 billion for Imperial Energy

India's biggest oil producer, ONGC, said it had agreed a 1.4 billion pounds ($2.6 billion) take-over of Russia-focused Imperial Energy on Tuesday in a bid to secure supplies for India's booming economy. State-owned ONGC beat China's Sinopec to snatch the

Published 27 Aug, 2008 12:00am

US copper higher

US copper futures settled a touch higher in choppy action on Monday, with a public holiday in London creating illiquid trading conditions and prompting investors to focus on the charts, traders said. The London Metal Exchange closed for a public holiday.

Published 27 Aug, 2008 12:00am

ONGC to pay $2.6 billion for Imperial Energy

India's biggest oil producer, ONGC, said it had agreed a 1.4 billion pounds ($2.6 billion) take-over of Russia-focused Imperial Energy on Tuesday in a bid to secure supplies for India's booming economy. State-owned ONGC beat China's Sinopec to snatch the

Published 27 Aug, 2008 12:00am

US rice higher

US rough rice futures on the Chicago Board of Trade closed higher on Monday, supported by harvest delays in south-eastern US crop areas, traders said. The stalled remnants of Tropical Storm Fay soaked parts of the US Gulf Coast over the weekend, slowing t

Published 27 Aug, 2008 12:00am

Japan retail investors grow pessimistic on stocks

Japanese individual investors became more pessimistic about the stock market in August, worried by further signs of an economic slowdown, profit warnings and selling of Japanese stocks by foreign investors. A perceived lack of government support to shore

Published 27 Aug, 2008 12:00am

Sugar easier in New York

Raw sugar futures settled 1 percent lower in quiet trade on Monday as a stronger dollar against the euro and initial crude oil weakness prompted profit taking, traders said. The October sugar contract ended 0.15 cent, or 1 percent, lower at 13.99 cents pe

Published 27 Aug, 2008 12:00am

ISE index down by 101.17 points

The negative trend continues at the Islamabad Stock Exchange (ISE) where bears commanded the proceedings under the lead of hot favourite amid decrease in index. ISE-10 Index shed 101.17 points as it moved down from 2,259.91 to 2,158.74 points.

Published 27 Aug, 2008 12:00am

US soybean futures climb

US soybean futures on the Chicago Board of Trade rallied on Monday, supported by dry weather which threatened the developing US crop, traders said. September soybeans ended 18-1/4 cents higher at $13.39-1/4 a bushel. New-crop November closed up 20 at $13.

Published 27 Aug, 2008 12:00am

ISE index down by 101.17 points

The negative trend continues at the Islamabad Stock Exchange (ISE) where bears commanded the proceedings under the lead of hot favourite amid decrease in index. ISE-10 Index shed 101.17 points as it moved down from 2,259.91 to 2,158.74 points.

Published 27 Aug, 2008 12:00am

Shanghai copper falls

Copper futures in Shanghai fell 1 percent on Tuesday, retreating after gains in early trade, as rumours of a big delivery of refined metal into China offset concerns about limited domestic stockpiles. Shanghai exchange warehouse inventories fell to 21,796

Published 27 Aug, 2008 12:00am

LSE index sheds 143.27 points

Bearish sentiment prevailed on the Lahore Stock Exchange on Tuesday and the equities registered losses across the board amid panic selling, and most of the shares were closed below the lower caps on account of negative development on the political front.

Published 27 Aug, 2008 12:00am

US soybeans, corn fall on wet weather forecast

US soybean and corn futures edged lower on Tuesday as forecasts of much-needed rains in the key growing Midwest region weighed on the markets. Wheat continued to slide on rising world supplies of the grain. "The affirmative weather for crops and the stren

Published 27 Aug, 2008 12:00am

LSE index sheds 143.27 points

Bearish sentiment prevailed on the Lahore Stock Exchange on Tuesday and the equities registered losses across the board amid panic selling, and most of the shares were closed below the lower caps on account of negative development on the political front.

Published 27 Aug, 2008 12:00am

Tokyo rubber gains

Tokyo rubber futures rose on Tuesday, tracking the strength of crude oil prices, but trade was light in the absence of fresh factors to provide direction. The key Tokyo Commodity Exchange rubber contract for February delivery, which debuted on Tuesday, cl

Published 27 Aug, 2008 12:00am

OGDC financial advisor told to work out options of sell-off

The Privatisation Commission Board, which met here on Tuesday with Finance and Privatisation Minister Naveed Qamar in the chair, decided that financial advisor for Oil & Gas Development Company (OGDC) would be directed to work out all options for privatis

Published 27 Aug, 2008 12:00am

Oil near $115 as dollar weighs

Oil hovered around $115 a barrel on Tuesday as the dollar strengthened, but losses were limited as tropical storm Gustav in the Caribbean turned into a hurricane, stoking concerns over output disruptions in the Gulf of Mexico. Also supportive were tension

Published 27 Aug, 2008 12:00am

OGDC financial advisor told to work out options of sell-off

The Privatisation Commission Board, which met here on Tuesday with Finance and Privatisation Minister Naveed Qamar in the chair, decided that financial advisor for Oil & Gas Development Company (OGDC) would be directed to work out all options for privatis

Published 27 Aug, 2008 12:00am

Malaysian palm oil futures slump

Malaysian crude palm oil futures fell 7.3 percent to a one-week low on Tuesday as fears of defaults by Chinese buyers amid rising supply encouraged players to sell contracts heavily, traders said. A broad decline in commodities, including crude oil and so

Published 27 Aug, 2008 12:00am

OGDC financial advisor told to work out options of sell-off

The Privatisation Commission Board, which met here on Tuesday with Finance and Privatisation Minister Naveed Qamar in the chair, decided that financial advisor for Oil & Gas Development Company (OGDC) would be directed to work out all options for privatis

Published 27 Aug, 2008 12:00am

Food price surge slows Bangladesh poverty cure: World Bank

Poverty in Bangladesh has declined recently due to strong economic growth, but the food price shock in the past year means it has not slowed as much as anticipated, a World Bank economist said. Economist Vinaya Swaroop told reporters Tuesday that food pri

Published 27 Aug, 2008 12:00am

US diplomat's car comes under attack

US diplomat Corlin Tracy's vehicle came under fire from unknown people. However, she and her security guards remained unhurt. According to police sources, the Principal Officer of US Consulate Peshawar, Corlin Tracy left her residence at University Town,

Published 27 Aug, 2008 12:00am

Gulf Arab investors eye General Motor's Hummer unit

Two Gulf Arab investors have expressed interest in buying General Motors Corp's Hummer brand, the company's Middle East chief told Reuters on Tuesday. "For sure, there has been interest from various parties within the Gulf ... there is a precedent in the

Published 27 Aug, 2008 12:00am

US diplomat's car comes under attack

US diplomat Corlin Tracy's vehicle came under fire from unknown people. However, she and her security guards remained unhurt. According to police sources, the Principal Officer of US Consulate Peshawar, Corlin Tracy left her residence at University Town,

Published 27 Aug, 2008 12:00am

Visitors to Egypt increase more than 25 percent

The number of people visiting Egypt increased more than 25 percent in the financial year 2007/8, compared with the previous year, Tourism Minister Zoheir Garrana told Reuters in an interview. The minister declined to give the absolute figures but monthly

Published 27 Aug, 2008 12:00am

BRIndex30 drops 797.04 points

On Tuesday, the BRIndex30 opened at 10,019.76 and closed at 9,504.49, with a net negative change of -797.04 points and percentage change of -7.74. It experienced intra-day high of 10,186.14 and low of 9,472.79, with volume of 52,821,100 shares, which was

Published 27 Aug, 2008 12:00am

For sponsors, Games were money well spent

Sponsors of the Beijing Olympics have spent hundreds of millions of dollars for 16 days in the spotlight and they reckon it was money well spent to get a foothold in the huge Chinese market. Sponsorship money is a big part of the Olympics, estimated to ac

Published 27 Aug, 2008 12:00am

BRIndex30 drops 797.04 points

On Tuesday, the BRIndex30 opened at 10,019.76 and closed at 9,504.49, with a net negative change of -797.04 points and percentage change of -7.74. It experienced intra-day high of 10,186.14 and low of 9,472.79, with volume of 52,821,100 shares, which was

Published 27 Aug, 2008 12:00am

Marxists seek to save India's Nano car plant

The Marxist government of India's West Bengal state appealed Tuesday for an end to protests against a plant building the world's cheapest car. The call came after Ratan Tata, chairman of the Tata conglomerate which owns the plant, warned last week he woul

Published 27 Aug, 2008 12:00am

Stocks take severe battering

The PML-N decision to part ways with the ruling coalition further deepened political uncertainty in the country with KSE-100 index losing another 383.37 points to close at its 26-month low level of 9,430.29 points. "The deepening political uncertainty in

Published 27 Aug, 2008 12:00am

Rio Tinto profit jumps 55 percent on China demand, Alcan

Global miner Rio Tinto posted a better-than-expected 55 percent rise in first-half profit, boosted by its take-over of Alcan and strong Chinese demand for industrial minerals, and gave an upbeat outlook.

Published 27 Aug, 2008 12:00am

Stocks take severe battering

The PML-N decision to part ways with the ruling coalition further deepened political uncertainty in the country with KSE-100 index losing another 383.37 points to close at its 26-month low level of 9,430.29 points. "The deepening political uncertainty in

Published 27 Aug, 2008 12:00am

Rio Tinto profit jumps 55 percent on China demand, Alcan

Global miner Rio Tinto posted a better-than-expected 55 percent rise in first-half profit, boosted by its take-over of Alcan and strong Chinese demand for industrial minerals, and gave an upbeat outlook.

Published 27 Aug, 2008 12:00am

Stocks take severe battering

The PML-N decision to part ways with the ruling coalition further deepened political uncertainty in the country with KSE-100 index losing another 383.37 points to close at its 26-month low level of 9,430.29 points. "The deepening political uncertainty in

Published 27 Aug, 2008 12:00am

LG Electronics ends eight-year PC patent row with Quanta

South Korea's LG Electronics Inc said on Tuesday it had agreed with Taiwan's Quanta Computer Inc to end eight years of patent fights and began negotiations on royalties Quanta would pay. The agreement came after a US Supreme Court ruling in June in favour

Published 27 Aug, 2008 12:00am

DAP offtake down 77 percent in Kharif

Dai ammonia phosphate (DAP) and urea offtake witnessed a decline of 77 percent and 3 percent, respectively, during the Kharif 2008 due to extremely high prices of DAP and shortage of urea in local market. Analysts said that low offtake of DAP could be att

Published 27 Aug, 2008 12:00am

Japan economy package stuck on income tax cut rift

A political row over a temporary income tax cut emerged on Tuesday as a stumbling block to an economic package that Japan's coalition government is compiling to help people and firms cope with high energy and food prices.

Published 27 Aug, 2008 12:00am

DAP offtake down 77 percent in Kharif

Dai ammonia phosphate (DAP) and urea offtake witnessed a decline of 77 percent and 3 percent, respectively, during the Kharif 2008 due to extremely high prices of DAP and shortage of urea in local market. Analysts said that low offtake of DAP could be att

Published 27 Aug, 2008 12:00am

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
Petrol/Litre / Nov 25	248.38
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
Diesel/Litre / Nov 25	255.14

Stock	Price
786 Invest Ltd / Nov 25 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 25 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 25 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 25 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 25 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 25 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 25 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 25 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 25 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 25 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 25 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 25 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

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

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