News Archives for Print - 2008-08-30

Print - 2008-08-30

US treasuries bid yields

US treasuries bid yields on Friday (August 29, 2008).

Published 30 Aug, 2008 12:00am

Sasti Bastis scheme to house slum dwellers

The Sindh Katchi Abadis Authority (SKAA) has launched a low cost housing scheme, Sasti Bastis to facilitate inhabitants of slums and katchi abadis. Official sources in the SKAA told Business Recorder that scheme would cover almost all districts in

Published 30 Aug, 2008 12:00am

US treasuries bid yields

US treasuries bid yields on Friday (August 29, 2008).

Published 30 Aug, 2008 12:00am

Allied Bank inks pact with Grant Thornton

Allied Bank has signed an agreement with Anjum Asim Shahid Rahman (AASR), a member firm of Grant Thornton International for licensing and implementation of Customer Assets Management System (CAMS). Allied Bank chose one of the fastest growing and leading

Published 30 Aug, 2008 12:00am

US treasuries bid yields

US treasuries bid yields on Friday (August 29, 2008).

Published 30 Aug, 2008 12:00am

Sindh Assembly passes law to set up Gorakh Hill Authority

Sindh Assembly on Friday unanimously passed into law a 35-clause bill, allowing establishment of Gorakh Hills Development Authority (GHDA). It would bring a resolution demanding of the federal government to review privatisation of Karachi Electric Supply

Published 30 Aug, 2008 12:00am

US treasuries bid prices

US treasuries bid prices on Friday (August 29, 2008).

Published 30 Aug, 2008 12:00am

Ziauddin University Convocation: Prime Minister pledges health cover to needy people

Prime Minister Syed Yousuf Raza Gillani has said that the government has made health a high priority as the welfare of the people depends on the investment in this vital sector. He expressed these views at the sixth convocation of Ziauddin University here

Published 30 Aug, 2008 12:00am

US treasuries bid prices

US treasuries bid prices on Friday (August 29, 2008).

Published 30 Aug, 2008 12:00am

Gilani confirms Zardari in Prime Minister House

Prime Minister Yousuf Raza Gilani has confirmed that PPP Co-chairperson Asif Ali Zardari has shifted to the tightly guarded PM compound due to security concerns. Earlier, a US news agency reported that Asif Zardari had changed his residence because of sec

Published 30 Aug, 2008 12:00am

US treasuries bid prices

US treasuries bid prices on Friday (August 29, 2008).

Published 30 Aug, 2008 12:00am

Tufail Chemical, Desmet sign agreement

An agreement was signed between Tufail Chemical and Desmet Ballestra to set-up a 40,000 metric tons sulphonic acid plant at Port Qasim Industrial area. Tufail Chemical is well known for manufacturing industrial chemicals in country and Desmet Ballestra of

Published 30 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 30 Aug, 2008 12:00am

KSE announces trading timings for Ramazan

The trading of stocks at Karachi Stock Exchange (KSE) will continue from 9:30 am to 1:30 pm under Karachi Automated Trading System (KATS), from Monday till Thursday during the month of Ramazan. However, on Friday the trading time will be 9 am to 1 pm.

Published 30 Aug, 2008 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (August 29, 2008).

Published 30 Aug, 2008 12:00am

Seminar on 'Economic Journalism'

Under the auspices of Irtiqa Institute of Social Sciences in recognition of 50 years of dedicated service of senior journalist Ghayur-ul-Islam, a seminar on Economic Journalism in Pakistan has been arranged on Saturday, August 30 at Gulshan Public School,

Published 30 Aug, 2008 12:00am

London Interbank Offered Rates

London Interbank Offered Rates (LIBOR) on Friday (August 29, 2008).

Published 30 Aug, 2008 12:00am

Government urged to initiate wind power projects to avoid crisis

Experts on Friday urged the government to immediately initiate the wind energy projects to avoid irresolvable energy crisis in the country and warned that window of opportunity is gradually closing with each passing day.

Published 30 Aug, 2008 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (August 29, 2008).

Published 30 Aug, 2008 12:00am

KESC denies reports

KESC management has denied reports regarding resignation seeking of a few senior management employees, said a press release issued here on Friday. "No employee has been asked to leave, nor any resignations sought," confirmed an official spokesman from the

Published 30 Aug, 2008 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (August 29, 2008).

Published 30 Aug, 2008 12:00am

Kapco earns Rs 7.966 billion profit

The profit after tax of Kot Addu Power Company Limited (Kapco) increased to Rs 7.966 billion for the year ended on June 30, 2008 as compared to Rs 4.991 billion of 2007. The company's earning per share surged to Rs 9.05 against Rs 5.67. The board of direc

Published 30 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 Friday (August 29, 2008).

Published 30 Aug, 2008 12:00am

Kapco earns Rs 7.966 billion profit

Published 30 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 Friday (August 29, 2008).

Published 30 Aug, 2008 12:00am

Skill education termed vital for women

Begum Air Vice Marshal Faaiz Amir, Air Officer Commanding, Northern Air Command on Friday termed skill education vital for girls in present competitive era and urged them to take full advantage of short courses offered by the PAF College of Education for

Published 30 Aug, 2008 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Friday (August 29, 2008).

Published 30 Aug, 2008 12:00am

Protest demonstration held

Industrial workers, government, semi-government department employees on Friday staged a demonstration in front of Multan Press Club as a protest against the price hike of essential commodities, increase in power tariff, withdrawal of subsidy on electricit

Published 30 Aug, 2008 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Friday (August 29, 2008).

Published 30 Aug, 2008 12:00am

11 more check-posts in Gujranwala soon

DSP patrolling police has said that in view of the success of the eight patrolling police check-posts already functioning in district Gujranwala, it has been decided to increase the number of check-posts to 19.

Published 30 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 Friday (August 29, 2008).

Published 30 Aug, 2008 12:00am

'Pakistan to face severe stress water availability in 2010'

Pakistan will face severe stress in per capita water availability which will be declined to its ever-lowest level of 1000 cubic metre (M3) in 2010 for 168 million population as increase in tube-wells numbers from 325,179 in 1989-90 to 957,916 in 2005-06 w

Published 30 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 Friday (August 29, 2008).

Published 30 Aug, 2008 12:00am

Australia ready to provide expertise for tackling climate change

The Australian High Commissioner Zorica McCarthy called on the Minister for Environment, Hameed Ullah Jan Afridi here on Friday and discussed the issues of mutual co-operation in the area of environment.

Published 30 Aug, 2008 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (August 29, 2008).

Published 30 Aug, 2008 12:00am

Prices of essential items re-fixed in Faisalabad

DCO Major Azam Suleman Khan (Retd) has re-fixed the prices and rates of essential commodities in order to provide the maximum relief to the consumers. According to the new price lists, which has been issued in this regard, the new prices of different dail

Published 30 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 30 Aug, 2008 12:00am

Hoarding, smuggling of essential items cause price hike

Hoarding of essential commodities and their smuggling to Afghanistan has caused substantial increase in the prices of sugar, rice, ghee and pulses, giving the citizens more shock before the start of Ramazan in southern Punjab's Multan , Bahawalpur, and De

Published 30 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 30 Aug, 2008 12:00am

Supply of fertilisers: DCO takes note of discrimination

District Co-ordination Officer (DCO) Jhang, Asad Islam Mahni has taken serious notice of the discriminative policy of the officials of agriculture department in the supply of fertilisers. The DO and DDO Agri (Ext), instead of providing fertilisers to all

Published 30 Aug, 2008 12:00am

Karachi interbank rates

Karachi interbank rates on Friday (August 29, 2008).

Published 30 Aug, 2008 12:00am

UAF extends date

University of Agriculture Faisalabad (UAF) has extended the date for receipt of applications of undergraduate admissions till midnight of August 30, 2008. Earlier, the date was fixed on 27th of August 2008. However, the entry tests for BSc Agri. Engg. wil

Published 30 Aug, 2008 12:00am

New York cotton

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

Published 30 Aug, 2008 12:00am

Fertiliser dealers begin strike

Fertiliser Dealers Association initiated a strike and a protest 'Dharna' here on Friday against alleged harassment by the local authorities and unfair registration of police cases against the dealers. A meeting of office bearers and members, chaired by ch

Published 30 Aug, 2008 12:00am

New York cotton

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

Published 30 Aug, 2008 12:00am

Seiji Kojima pays farewell call on CJCSC

The outgoing Ambassador of Japan, Seiji Kojima has paid a farewell call to General Tariq Majid, Chairman, Joint Chiefs of Staff Committee (CJCSC), at Joint Staff Headquarters here on Friday. The ambassador discussed with him matters pertaining to changing

Published 30 Aug, 2008 12:00am

Aaj TV - Saturday's schedule

All timings are in PST (Pakistan Standard Time).

Published 30 Aug, 2008 12:00am

Faisalabad to have modern export processing centre

A state-of-the-art export processing centre (EPC) is being established at Faisalabad Model Customs Collectorate (MCC) to facilitate exporters/importers for one-window clearance of goods. Collector Customs Faisalabad Khawar Fareed Manika said while address

Published 30 Aug, 2008 12:00am

'The Don'

This handout picture released by the Australian Mint August 26, 2008 in Canberra shows a AU$S5.00 ($4.27) coin honouring Australian cricketer Sir Donald Bradman saluting the crowd after making a century. Sir Donald George Bradman, (27 August 1908- 25 Febr

Published 30 Aug, 2008 12:00am

Mango orchards certification: PMOs to undergo audit from September 2

First of three Produce Marketing Organisations (PMOs) being supported by the Agribusiness Support Fund (ASF) to get their mango orchards GlobalGAP certified will go through external (final) audit on September 2, 2008.

Published 30 Aug, 2008 12:00am

The Guitarist

Albanian painter Saimir Strati, 42, works on "The Guitarist" mosaic using cork at the Sheraton Hotel in Tirana. Strati will use around 300,000 corks on a banner measuring 96 square-meters in an effort to secure for the third time a place in the Guinness W

Published 30 Aug, 2008 12:00am

FROM A RINGSIDE SEAT

Certain issues have to be kept under the carpet in the name of social or culture taboos. Some people are happy with status quo and they try to snub the agents who try to bring about a change. This was exactly what happened in the Senate on Friday. Bibi Ya

Published 30 Aug, 2008 12:00am

BRIDGE NOTES: One step down for two steps up

Sometimes in Bridge situations arise where you have to rely on your technique and timing to bring home a seemingly hopeless contract.

Published 30 Aug, 2008 12:00am

'PPP has won ANP support for Zardari's no to Kalabagh Dam'

The government decision to abandon the construction of controversial Kalabagh Dam and acceptance of Pakhtoons' demand to rename NWFP Pukhtoonkhawa have won the Awami National Party (ANP) support for Zardari in the run to presidential slot, said ANP centra

Published 30 Aug, 2008 12:00am

SPORTS WORLD: Postponement of Champions Trophy: A rude shock to Pakistan cricket

After a long suspense, the International Cricket Council (ICC) has decided to postpone the much-awaited Champions Trophy, scheduled to start from September 12, to October 1999 provided the law and order situation improves in the country.

Published 30 Aug, 2008 12:00am

LHC stays PMDC's order to terminate deal of iron exploration

Lahore High Court (LHC) has stayed the Punjab Mineral Development Corpora-tion's order to terminate an agreement for the exploration of the iron-ore from Chiniot and Rajoa areas. Arshad Waheed, Chief Executive Earth Resources (Pvt) Limited submitted in a

Published 30 Aug, 2008 12:00am

TV THOUGHTS: President's election; KESC limits TV viewing;: Brass Tacks to counter economic terrorism

In a continuously changing, worrying, depressing overall context, comes the end of the ruling coalition, with Mian Nawaz Sharif making that predictable announcement of the pull out. Asif Ali Zardari, reacted at once, and apologised if he had hurt Mian Sah

Published 30 Aug, 2008 12:00am

'Development of Fata vital to counter extremist tendencies'

The United States, along with other members of international community, remains committed to development of tribal areas to counter growth of extremist tendencies, a US official said. He said that the United States has pledged a $750 million assistance pa

Published 30 Aug, 2008 12:00am

Tributes to Palestinian poet: Mahmood Darwish

I walk from one epoch to another without a memory to guide me. The prophets over there are sharing the history of the holy-Darwish. The civil society and literati of Islamabad last week, paid poignant tributes to Palestinian poet Mahmood Darwish (1941-200

Published 30 Aug, 2008 12:00am

Towel manufacturers get encouraging response at Shanghai fair

The manufacturers of towel and related accessories got most encouraging response from the intending buyers at the Intertextile Shanghai Home Textiles Exhibition-2008 that concluded here on Thursday, said one of the Pakistani exhibitors. There is big scope

Published 30 Aug, 2008 12:00am

Dawa, Ghiza Aur Shifa': An informative health guide for layman

'Dawa Ghiza Aur Shifa' (Medicine, Diet and Cure) is a health guide, which gives valuable advice on medicines, their side-effects and precautions in case of common ailments. Dr Jah is the author of several books in Urdu and English on public health.

Published 30 Aug, 2008 12:00am

PPP came to power on deal with Musharraf: opposition claim in Senate

The opposition in Senate on Friday said that the present government had come to power as a result of deal which Pakistan People's Party (PPP) had struck with President Pervez Musharraf. This was the deal that also forced Musharraf to quit' it added.

Published 30 Aug, 2008 12:00am

BOOK REVIEW: Lyari Expressway a threat to old Karachi Quarters

The Lyari Expressway and Mass Transit System of Karachi are a threat to the physical fabric of British period Historical Quarters of Karachi, states a recent study, published in a form of a book by Oxford University Press titled 'The Historical Quarters o

Published 30 Aug, 2008 12:00am

Zardari should give up candidature, says Mushahid

Pakistan Muslim League (Q) presidential candidate Mushahid Hussain Syed on Friday urged Asif Zardari to withdraw his nomination for presidential candidate, as office of head of the state is symbol of federation and it should not be occupied by a controver

Published 30 Aug, 2008 12:00am

LITERARY NOTES: Hafiz Shirazi: Poetry with a difference

Dr Khalid Hameed Shaida's rendering of Hafiz Shirazii (1320-1389 AD) in English and Urdu is really a pleasant exercise. I am confining myself here to the English translation of Hafiz as I have already commented on the Urdu translation earlier.

Published 30 Aug, 2008 12:00am

Notices to PPSC, prosecution department issued

The Lahore High Court (LHC) issued notices to Punjab Public Service Commission (PPSC) and Prosecution Department and called for report by September 08, in a petition filed by eleven deputy and assistant district prosecutors against holding of fresh exams

Published 30 Aug, 2008 12:00am

Prayer: The most important worship ritual of Islam

The objective of Islam is purification of the soul. Attainment of excellence in this purification relies on a person's relationship of servitude with the Almighty. The stronger this relationship, the greater a person is able to achieve purification both i

Published 30 Aug, 2008 12:00am

UVAS to initiate Doctor of Pharmacy classes

The Pharmacy Council of Pakistan has allowed the University of Veterinary and Animal Sciences (UVAS), Lahore to initiate Doctor of Pharmacy (Pharm-D) classes this year. A UVAS spokesman said on Friday that the permission was granted in a meeting of the Ph

Published 30 Aug, 2008 12:00am

KARACHI CHRONICLE: So much fuss about noise only means more noise

Karachi is a noisy city because Karachiites love noise. Ask the mullah who calls for moral rectitude and piety from the mosque's 16 loudspeakers; ask the young people who drive with the car's music system blaring at full volume; ask the politicians who ar

Published 30 Aug, 2008 12:00am

Democracy festival to be held in September

The Centre for Civic Education Pakistan has planned to hold democracy festival in the month of September to celebrate the international day for democracy. Spokesman of the centre said on Friday, the event would also include essay writing contest for stude

Published 30 Aug, 2008 12:00am

Malaysian tin falls

Malaysian tin fell 0.5 percent on Friday, weighed by declines in London Metal Exchange market and weakening demand, one dealer said. The market will close on Monday to mark the country's national day celebrations. It reopens on Tuesday.

Published 30 Aug, 2008 12:00am

Seminar on VST held

National Institute of Vacuum Science & Technology (Ninvast) organised a seminar on Vacuum Science and Technology (VST) on August 19-20, 2008. The director of the institute highlighted the institute's objectives and its planned initiatives.

Published 30 Aug, 2008 12:00am

US copper futures lower

US copper futures closed down on Thursday as rising stock levels in London warehouses weighed on values in thinned out pre-holiday business conditions, traders said. New York commodity markets will be closed on Monday, September 1 for the US Labour Day ho

Published 30 Aug, 2008 12:00am

AIOU not to extend date for admissions

Director Admissions Allama Iqbal Open University Sohail Nazir Ranahas said on Friday that last date of September 5 for admissions to Autumn 2008 Semester would not be extended. In a press release issued here on Friday he said that admissions were in progr

Published 30 Aug, 2008 12:00am

Shanghai copper falls

Copper futures fell 1.3 percent in Shanghai on Friday, tracking overnight losses in London, as investors fretted over rising international stockpiles and on signs that tight supply in China might be starting to ease. Market attention has turned to Shangha

Published 30 Aug, 2008 12:00am

Tanvir, Nadeem case: LHC directs DIG investigation to appear on September 1

The Lahore High Court (LHC) responding to a petition for transfer of investigation of a case against station house officer (SHO) Shahdara, Mustaneer Ahmad Khan and others for detaining two innocent persons, Nadeem and Tanvir, has directed the DIG (investi

Published 30 Aug, 2008 12:00am

US rice futures slip

US rough rice futures on the Chicago Board of Trade closed lower on Thursday amid spillover weakness from the other grain markets, traders said. But rice held up well, underpinned by concerns that the fallout rains from Tropical Storm Gustav could delay t

Published 30 Aug, 2008 12:00am

LCCI concerned over law and order situation

The President, Lahore Chamber of Commerce and Industry (LCCI), Mohammad Ali Mian has expressed grave concern over fast deteriorating law and order situation in the province. He has appealed to the Chief Minister, Punjab, Mian Shahbaz Sharif and Inspector

Published 30 Aug, 2008 12:00am

Tokyo rubber moves higher

Tokyo rubber futures rose modestly on Friday due to short-covering by day-traders on the back of concerns about falling supply, but weaker oil prices weighed on the market. The benchmark rubber contract on the Tokyo Commodity Exchange rose 1.8 yen to end

Published 30 Aug, 2008 12:00am

Economic issues not emerged within days: Naveed

Federal Minister for Finance, Investment and Privatisation Syed Naveed Qamar has said that issues relating to economy of the country have not emerged within days as they have been indicated for a long time, immediate measures are required to cope with suc

Published 30 Aug, 2008 12:00am

New York sugar easier

Raw sugar futures closed lower for the second straight session on Thursday as a negative reversal in the price of crude oil led the march lower across the broader commodity spectrum, dealers said. The benchmark October sugar contract ended down 0.36 cent

Published 30 Aug, 2008 12:00am

Broadening export base to help boost Pakistan's economy: ADB

Asian Development Bank's Principal Economist for Central and West Asia Jesus Felipe on Friday said that broadening of exports base could help Pakistan accelerate the pace of economic growth. While addressing a seminar jointly organised by Technology Upgra

Published 30 Aug, 2008 12:00am

US soya futures fall

US soybean futures on Chicago Board of Trade fell on Thursday on heavier-than-expected rains for a good portion of the heart of Midwest crop belt, easing concerns about soy yields, traders said. Seventy to 80 percent of the crop region in Iowa and Minneso

Published 30 Aug, 2008 12:00am

Agriculture sector share in GDP reduces to 20 percent

The agriculture sector share in the GDP has been reduced from 38 to 20 percent because of persistent decline in per acre yield which is a matter of major concern for the present government. The Punjab Minister for Revenue and Relief, Haji Muhammad Ishaq r

Published 30 Aug, 2008 12:00am

Malaysian palm oil futures leap 6.1 percent

Malaysian crude palm oil futures soared 6.1 percent on Friday, clawing back heavy losses earlier in the week, as strength in crude oil markets boosted global vegetable oil prices, traders said. Chicago soyoil gained 1.2 percent in Asian trade while Dalian

Published 30 Aug, 2008 12:00am

Patwaris, reader arrested

Anti-Corruption Establishment (ACE) authorities, in different trap raids, have arrested three patwaris and Reader to the Special Magistrate, Punjab Horticulture Authority (PHA) while found taking gratification and sent them to jail on judicial remand.

Published 30 Aug, 2008 12:00am

US gold up but off highs

US gold futures erased initial gains but still ended higher on Thursday, hit by heavy selling after bullion failed to breach resistance at $850 and as the dollar retraced losses in the early sessions.

Published 30 Aug, 2008 12:00am

IFC team discusses training project for SMEs

A two member delegation of International Finance Corporation (IFC) - a subsidiary of UNO, held a meeting with Small and Medium Enterprises Development Authority (Smeda) Chief Executive Officer Shahid Rashid to discuss a training project for SMEs in Pakist

Published 30 Aug, 2008 12:00am

Gold rises to near two-week highs in Asia

Gold rose nearly $7 the back of firmer oil prices on Friday, hovering near its highest level in more than two weeks, with demand from jewellers ahead of the festive season in Asia also offering additional support. India, the world's largest consumer, is s

Published 30 Aug, 2008 12:00am

HRCP writes to Gilani, Hoti on Swat situation

Human Rights Commission of Pakistan Chairperson Asma Jahangir has written a letter to Prime Minister Yousuf Raza Gilani and NWFP Chief Minister Ameer Haider Hoti over the alarming situation in Swat district requesting them to ensure that the local populat

Published 30 Aug, 2008 12:00am

Oil rises to $117 on storm fears

Oil rose more than $1 to $117 a barrel on Friday, as energy companies prepared for Tropical Storm Gustav to deliver what could be the hardest hit to the heart of US offshore production since the devastating 2005 hurricane season. Crude for October deliver

Published 30 Aug, 2008 12:00am

TFC launched to realise tax target

The Regional Tax Office (RTO), Karachi has launched Tax Facilitation Campaign (TFC) to materialise the collection target of Rs 1.225 trillion set for the financial year 2008-09. Asrar Rauf told Business Recorder on Friday that RTO was striving to f

Published 30 Aug, 2008 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 69,659 tonnes of cargo including 33,909 tonnes of import, 35,750 tonnes of export cargo and 1,690 loaded and empty containers (TEUs) during last 24 hours ending at 0700 hours on Friday. The freights comprised of 40,659 tonnes of d

Published 30 Aug, 2008 12:00am

Army officers urged to enhance professional skills

Corps Commander, Lieutenant General Ahsan Azhar Hayat, has called upon the officers and men of Pakistan Army to further enhance their professional skills and to remain vigilant to guard against threats posed to the security and integrity of the motherland

Published 30 Aug, 2008 12:00am

Vietnam gold prices ease slightly

Gold prices eased slightly this week in Vietnam, Asia's second-largest gold investor after India, as a recovering stock market drew investors. The share market has been rising nearly every session since August 6, especially after regulators widened the da

Published 30 Aug, 2008 12:00am

PIA BoD reviews commercial environment, other issues

PIA's 315th Board of Directors' (BoD) meeting was held at the Airlines Head Office, Karachi. The BoD reviewed the commercial environment of PIA and various other issues confronting the national carrier. The Board was given a detailed presentation on PIA's

Published 30 Aug, 2008 12:00am

US Midwest corn and soya bids steady to firmer

Spot corn and soyabean basis bids were steady to firmer around the interior US Midwest on Thursday, underpinned by a lack of farmer selling and lower futures values, cash grain merchants said. Interior wheat basis was mostly steady.

Published 30 Aug, 2008 12:00am

Transition to democracy going on in country: Badr

Pakistan Peoples Party (PPP) Secretary General Jhangir Badr addressing a press conference here on Friday said that there was transition of democracy going in the country and election of Asif Ali Zardari to the slot of president of Pakistan would complete

Published 30 Aug, 2008 12:00am

Hectic buying continues, prices firm on cotton market

Firmness prevailed on the cotton market on Friday as both mills and ginners agreed on a meeting point, dealers said. The official spot rate was kept at the overnight level at Rs 4125, they said. The prices of phutti were unchanged at Rs 1800-1900 in Sindh

Published 30 Aug, 2008 12:00am

PML-N rules out rejoining coalition

Pakistan Muslim League-Nawaz has categorically dismissed any possibility to rejoin the ruling coalition led by the Pakistan People's Party. Talking to newsmen here on Friday, the PML-N leader Khawaja Asif said there was no question of the party returning

Published 30 Aug, 2008 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Cotton US¢/pound / Nov 23	70.77
Petrol/Litre / Nov 25	248.38

Gainers
Losers
Leaders

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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