News Archives for Print - 2008-10-25

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Friday (October 24, 2008).

Published 25 Oct, 2008 12:00am

Hydel power plants: need stressed to promote public-private partnership

There is a need to promote public-private partnership in setting up hydel power plants having capacity to produce 125MW electricity, said Faridullah Khan, MD, Enercon, while briefing media here on Friday.

Published 25 Oct, 2008 12:00am

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Friday (October 24, 2008).

Published 25 Oct, 2008 12:00am

Osama busy in penning book

Al Qaeda chief Osama Bin Laden is busy these days writing a book in Arabic language on the struggle of his outfit, a private TV channel reported quoting unnamed al Qaeda sources. The book will be later translated into English, the sources said, adding tha

Published 25 Oct, 2008 12:00am

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Friday (October 24, 2008).

Published 25 Oct, 2008 12:00am

Zardari condoles with Professor Ghafoor

President Asif Ali Zardari on Friday condoled with Jamaat-e-Islami's Naib Ameer Professor Ghafoor Ahmed and PPP leader Mushtaq Awan on the death of his wife and sister respectively. The President expressed deep grief over the demise of Professor Ghafoor's

Published 25 Oct, 2008 12:00am

KKI closing rates of currency notes

Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Friday (October 24, 2008).

Published 25 Oct, 2008 12:00am

NWFP government ready for talks with Taliban: Bilour

NWFP Senior Minister Bashir Ahmed Bilour on Friday said that the government was willing to hold talks with local Taliban at any time in Swat. Talking to a private TV channel, Bilour termed the passing of joint resolution as a milestone in the parliamentar

Published 25 Oct, 2008 12:00am

US treasuries bid yields

US treasuries bid yields on Friday (October 24, 2008).

Published 25 Oct, 2008 12:00am

Indo-Pak talks on Chenab issue inconclusive

Pak-India talks on reduction of Chenab water flow remained inconclusive here on Friday while Islamabad has conveyed its concerns over the loss of water to Pakistan. Talking to newsmen after the talks Pakistan Indus Water Commissioner Jamaat Ali Shah said

Published 25 Oct, 2008 12:00am

US treasuries bid yields

US treasuries bid yields on Friday (October 24, 2008).

Published 25 Oct, 2008 12:00am

HBL profit up Rs 29 million

The consolidated profit after tax of Habib Bank Limited (HBL) increased to 3.575 billion in the quarter ended September 30, 2008 as compared to Rs 3.546 billion earned in the corresponding period a year back. The bank''''s earning per share increased to R

Published 25 Oct, 2008 12:00am

US treasuries bid yields

US treasuries bid yields on Friday (October 24, 2008).

Published 25 Oct, 2008 12:00am

HBL profit up Rs 29 million

The consolidated profit after tax of Habib Bank Limited (HBL) increased to 3.575 billion in the quarter ended September 30, 2008 as compared to Rs 3.546 billion earned in the corresponding period a year back. The bank''s earning per share increased to Rs

Published 25 Oct, 2008 12:00am

US treasuries bid prices

US treasuries bid prices on Friday (October 24, 2008).

Published 25 Oct, 2008 12:00am

HBL profit up Rs 29 million

The consolidated profit after tax of Habib Bank Limited (HBL) increased to 3.575 billion in the quarter ended September 30, 2008 as compared to Rs 3.546 billion earned in the corresponding period a year back. The bank's earning per share increased to Rs 4

Published 25 Oct, 2008 12:00am

US treasuries bid prices

US treasuries bid prices on Friday (October 24, 2008).

Published 25 Oct, 2008 12:00am

HBL profit up Rs 29 million

The consolidated profit after tax of Habib Bank Limited (HBL) increased to 3.575 billion in the quarter ended September 30, 2008 as compared to Rs 3.546 billion earned in the corresponding period a year back. The bank's earning per share increased to Rs 4

Published 25 Oct, 2008 12:00am

US treasuries bid prices

US treasuries bid prices on Friday (October 24, 2008).

Published 25 Oct, 2008 12:00am

Punjab and NWFP in row over ban on wheat movement

Restrictions on the movement of wheat and flour from Punjab to NWFP has become a bone of contention between both provinces, which the later declaring as illegal, unconstitutional. The provincial government of NWFP has also taken exception to advertisement

Published 25 Oct, 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 25 Oct, 2008 12:00am

Punjab and NWFP in row over ban on wheat movement

Restrictions on the movement of wheat and flour from Punjab to NWFP has become a bone of contention between both provinces, which the later declaring as illegal, unconstitutional. The provincial government of NWFP has also taken exception to advertisement

Published 25 Oct, 2008 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (October 24, 2008).

Published 25 Oct, 2008 12:00am

Punjab and NWFP in row over ban on wheat movement

Restrictions on the movement of wheat and flour from Punjab to NWFP has become a bone of contention between both provinces, which the later declaring as illegal, unconstitutional. The provincial government of NWFP has also taken exception to advertisement

Published 25 Oct, 2008 12:00am

London Interbank Offered Rates

London Interbank Offered Rates (LIBOR) on Friday (October 24, 2008).

Published 25 Oct, 2008 12:00am

MCB Bank earns Rs 11.6 billion profit

The Board of Directors of MCB Bank Limited met on Friday under the chairmanship of Mohammad Mansha and reviewed the performance of the Bank for the nine months'''' period ended on September 30, 2008. During the period, the bank witnessed healthy growth in

Published 25 Oct, 2008 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (October 24, 2008).

Published 25 Oct, 2008 12:00am

MCB Bank earns Rs 11.6 billion profit

The Board of Directors of MCB Bank Limited met on Friday under the chairmanship of Mohammad Mansha and reviewed the performance of the Bank for the nine months'' period ended on September 30, 2008. During the period, the bank witnessed healthy growth in t

Published 25 Oct, 2008 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (October 24, 2008).

Published 25 Oct, 2008 12:00am

MCB Bank earns Rs 11.6 billion profit

The Board of Directors of MCB Bank Limited met on Friday under the chairmanship of Mohammad Mansha and reviewed the performance of the Bank for the nine months' period ended on September 30, 2008. During the period, the bank witnessed healthy growth in th

Published 25 Oct, 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 (October 24, 2008).

Published 25 Oct, 2008 12:00am

MCB Bank earns Rs 11.6 billion profit

The Board of Directors of MCB Bank Limited met on Friday under the chairmanship of Mohammad Mansha and reviewed the performance of the Bank for the nine months' period ended on September 30, 2008. During the period, the bank witnessed healthy growth in th

Published 25 Oct, 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 (October 24, 2008).

Published 25 Oct, 2008 12:00am

At least 18 dead in Yemen floods

At least 18 people died in Yemen when floods caused by heavy rains swept through the south-eastern province of Hadramaut, which has been declared a disaster zone, officials said on Friday. According to first reports received by a crisis cell set up to co-

Published 25 Oct, 2008 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Friday (October 24, 2008).

Published 25 Oct, 2008 12:00am

20 items placed on mandatory list: sale, manufacture of sub-standard items prohibited

The federal government has decided to come down heavily on the sale and manufacture of spurious and sub-standard items of daily use which pose serious threat to human health.

Published 25 Oct, 2008 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Friday (October 24, 2008).

Published 25 Oct, 2008 12:00am

20 items placed on mandatory list: sale, manufacture of sub-standard items prohibited

The federal government has decided to come down heavily on the sale and manufacture of spurious and sub-standard items of daily use which pose serious threat to human health.

Published 25 Oct, 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 (October 24, 2008).

Published 25 Oct, 2008 12:00am

20 items placed on mandatory list: sale, manufacture of sub-standard items prohibited

The federal government has decided to come down heavily on the sale and manufacture of spurious and sub-standard items of daily use which pose serious threat to human health.

Published 25 Oct, 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 (October 24, 2008).

Published 25 Oct, 2008 12:00am

Sluggish trend continues on ISE

Sluggish trend continues at the Islamabad Stock Exchange (ISE) where the Index did not observe any change, reflecting minimum participation by the major players and retail investors. ISE-10 Index closed at 2,206.79 without observing any change by the end

Published 25 Oct, 2008 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (October 24, 2008).

Published 25 Oct, 2008 12:00am

Sluggish trend continues on ISE

Sluggish trend continues at the Islamabad Stock Exchange (ISE) where the Index did not observe any change, reflecting minimum participation by the major players and retail investors. ISE-10 Index closed at 2,206.79 without observing any change by the end

Published 25 Oct, 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 25 Oct, 2008 12:00am

LSE index declines 0.76 points

The equities maintained downward slide on the Lahore Stock Exchange on Friday and lost values amid sluggish trading trend while transaction volume recorded slight improvement because of selling pressure.

Published 25 Oct, 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 25 Oct, 2008 12:00am

LSE index declines 0.76 points

The equities maintained downward slide on the Lahore Stock Exchange on Friday and lost values amid sluggish trading trend while transaction volume recorded slight improvement because of selling pressure.

Published 25 Oct, 2008 12:00am

Karachi interbank rates

Karachi interbank rates on Friday (October 24, 2008).

Published 25 Oct, 2008 12:00am

Grants for social sector areas: Pakistan and US sign $339 million agreements

Pakistan and USA on Friday signed agreements, worth $339.10 million, on strategic objective grant to be spent in areas of economic growth, education, governance, health, population welfare, earthquake reconstruction programme and Fata development programm

Published 25 Oct, 2008 12:00am

New York cotton

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

Published 25 Oct, 2008 12:00am

Grants for social sector areas: Pakistan and US sign $339 million agreements

Pakistan and USA on Friday signed agreements, worth $339.10 million, on strategic objective grant to be spent in areas of economic growth, education, governance, health, population welfare, earthquake reconstruction programme and Fata development programm

Published 25 Oct, 2008 12:00am

New York cotton

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

Published 25 Oct, 2008 12:00am

Grants for social sector areas: Pakistan and US sign $339 million agreements

Pakistan and USA on Friday signed agreements, worth $339.10 million, on strategic objective grant to be spent in areas of economic growth, education, governance, health, population welfare, earthquake reconstruction programme and Fata development programm

Published 25 Oct, 2008 12:00am

Aaj TV - Saturday's schedule

All timings are in PST (Pakistan Standard Time).

Published 25 Oct, 2008 12:00am

BRIndex30 unchanged

On Friday, BRIndex30 remained unchanged throughout the trading time. It opened at 8,995.65 and closed at 8,995.65. Volume was 92,500 as against 279,000 recorded by KSE-All Share and 88,400 recorded by KSE-100 Indices. BR Technology and Communication Index

Published 25 Oct, 2008 12:00am

In memory of Paul Newman

This is a true story.... And, only women of a certain era wilfully appreciate it. (If you don 't understand, show it to your mother.... she'll get it!) A Michigan woman and her family were vacationing in a small New England town where Paul Newman and his

Published 25 Oct, 2008 12:00am

BRIndex30 unchanged

On Friday, BRIndex30 remained unchanged throughout the trading time. It opened at 8,995.65 and closed at 8,995.65. Volume was 92,500 as against 279,000 recorded by KSE-All Share and 88,400 recorded by KSE-100 Indices. BR Technology and Communication Index

Published 25 Oct, 2008 12:00am

BRIDGE NOTES: Nothing else but count

Bridge is a mind sport. It calls for a good memory and simple counting, with deductions. All good declarers keep a track of their opponents' moves to find a clue to their distribution of cards and strength. The bidding, of course, reflects the general str

Published 25 Oct, 2008 12:00am

KSE-100 index remains unchanged

The KSE-100 index remained unchanged at 9,182.88 points on Friday as the market players were not ready to take fresh positions on the last trading session of the week before removal of floor mechanism due on Monday.

Published 25 Oct, 2008 12:00am

SPORTS WORLD: All eyes on PHF president Qasim Zia

We have been listening since long that there is no dearth of talent in the country. True, the talent is there, a strong urge is there, but what is conspicuous by its absence is good governance.

Published 25 Oct, 2008 12:00am

KSE-100 index remains unchanged

The KSE-100 index remained unchanged at 9,182.88 points on Friday as the market players were not ready to take fresh positions on the last trading session of the week before removal of floor mechanism due on Monday.

Published 25 Oct, 2008 12:00am

TV THOUGHTS: Do TV anchors reflect public opinion? or; Of Tahira Syed, my favourite TV commercial

Let us look at some headlines from Thursday's papers that reflect the state of the country. "Rs 50 billion lifeline for stock market." Call for urgent review of war against terror", 15 troops killed in Swat ambush", Pakistan has sought help, says IMF", Ba

Published 25 Oct, 2008 12:00am

KSE-100 index remains unchanged

The KSE-100 index remained unchanged at 9,182.88 points on Friday as the market players were not ready to take fresh positions on the last trading session of the week before removal of floor mechanism due on Monday.

Published 25 Oct, 2008 12:00am

Empowerment of women - II: Urban poverty indicators

Why is a woman with a BA degree eking out a living by sewing seams and stitching buttons? Why does a woman earning Rs 2,500 per month pay Rs 10,000 to purchase a baby? Why does a woman give the recipe for cooking okra in terms of the price of ingredients

Published 25 Oct, 2008 12:00am

$315 million spent on wheat imports in July-September

The ineffective policies made the country to spend 315 million dollars on wheat import during the first quarter of the current fiscal year to cope with the flour crisis, market sources said.

Published 25 Oct, 2008 12:00am

KARACHI CHRONICLE: student gangsterism: gun battle at Nobel laureate's PSIT in Karachi

What is the connection between this year's Nobel Peace Prize winner former Finnish President Martti Ahtisaari and the Pakistani Swedish Institute of Technology (PSIT) in Quaidabad? Ahtisaari helped establish the institute, working from 1960 to 1963, train

Published 25 Oct, 2008 12:00am

$315 million spent on wheat imports in July-September

The ineffective policies made the country to spend 315 million dollars on wheat import during the first quarter of the current fiscal year to cope with the flour crisis, market sources said.

Published 25 Oct, 2008 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 127,282 tonnes of cargo including 69,588 tonnes of import, 57,694 tonnes of export cargo and 4,204 loaded and empty containers (TEUs) during last 24 hours ending at 0700 hours on Friday.

Published 25 Oct, 2008 12:00am

$315 million spent on wheat imports in July-September

The ineffective policies made the country to spend 315 million dollars on wheat import during the first quarter of the current fiscal year to cope with the flour crisis, market sources said.

Published 25 Oct, 2008 12:00am

US corn futures rise

US corn futures on the Chicago Board of Trade closed higher on Thursday on a short-covering recovery from a fall to near one year lows at mid-week, rain-delayed harvesting and gains in crude oil. CBOT corn closed 4-3/4 to 7-1/4 cents per bushel higher, wi

Published 25 Oct, 2008 12:00am

PSO suffers Rs 8.38 billion loss in first quarter

The Pakistan State Oil (PSO) on Friday announced the financial results for the quarter ended on September 30, 2008. The announcement came following the Board of Management review of the 1Q FY08 performance of the country''s largest oil marketing entity. Y

Published 25 Oct, 2008 12:00am

FOB Gulf soya offers lower, corn steady

Soyabean basis offers were steady to lower on Thursday in line with declines in the CIF barge market, while corn was steady, traders said. There were rumours that China could raise its import duty on soybeans, which could demand. Its import duty reverted

Published 25 Oct, 2008 12:00am

PSO suffers Rs 8.38 billion loss in first quarter

The Pakistan State Oil (PSO) on Friday announced the financial results for the quarter ended on September 30, 2008. The announcement came following the Board of Management review of the 1Q FY08 performance of the country's largest oil marketing entity. Ya

Published 25 Oct, 2008 12:00am

KCBT wheat futures modestly higher

Hard red winter wheat futures on the Kansas City Board of Trade closed modestly higher on Thursday, following a rebound in Chicago wheat, corn and soya markets, traders said. KCBT wheat also seen as technically oversold and due for a bounce after Wednesda

Published 25 Oct, 2008 12:00am

PSO suffers Rs 8.38 billion loss in first quarter

The Pakistan State Oil (PSO) on Friday announced the financial results for the quarter ended on September 30, 2008. The announcement came following the Board of Management review of the 1Q FY08 performance of the country's largest oil marketing entity. Ya

Published 25 Oct, 2008 12:00am

US Midwest interior soyabean bids firmer

Spot basis bids for soyabeans were steady to firm at interior processors and elevators around the US Midwest on Thursday as some dealers were trying to boost supplies. Cash bids for corn held steady at most interior locations, grain dealers said. River bi

Published 25 Oct, 2008 12:00am

Special body ruling on electricity bills: no late payment surcharge on 60 percent amount

The special committee constituted by the Prime Minister to review the issue of increased power tariff on Friday decided that 60 percent amount of the electricity bills issued to consumers on new rates would be deposited by all the consumers including KESC

Published 25 Oct, 2008 12:00am

Maize output in Italy rises

Maize output in Italy, Europe's second-biggest producer after France, rose 6.7 percent to 10.51 million tonnes in 2008, boosted by improved yields and a larger sown area, agricultural research centre ISMEA said.

Published 25 Oct, 2008 12:00am

Special body ruling on electricity bills: no late payment surcharge on 60 percent amount

The special committee constituted by the Prime Minister to review the issue of increased power tariff on Friday decided that 60 percent amount of the electricity bills issued to consumers on new rates would be deposited by all the consumers including KESC

Published 25 Oct, 2008 12:00am

US wheat futures settle firm

US wheat futures settled firm on Thursday, following the trend as most of the Chicago Board of Trade grains floor bounced back from steep declines this week, traders said. Chicago Board of Trade wheat was considered oversold after the spot contract fell t

Published 25 Oct, 2008 12:00am

Special body ruling on electricity bills: no late payment surcharge on 60 percent amount

The special committee constituted by the Prime Minister to review the issue of increased power tariff on Friday decided that 60 percent amount of the electricity bills issued to consumers on new rates would be deposited by all the consumers including KESC

Published 25 Oct, 2008 12:00am

Further slide in lint prices, spot rate seen on cotton market

Falling trend was again witnessed on the cotton market on Friday as many participants were conspicuous by their absence, dealers said. The official spot rate was lowered by Rs 50 more at Rs 3200, they said. The phutti prices in Sindh were unchanged at Rs

Published 25 Oct, 2008 12:00am

White House terms cut ''anti-market''

The White House on Friday denounced what it called Opec''s "anti-market" decision to cut petroleum production and underlined that high oil prices were a drag on the global economy. "It has always been our view that the value of commodities, including oil,

Published 25 Oct, 2008 12:00am

No change on grain market

No business was seen on the local grain market on Friday, dealers said.

Published 25 Oct, 2008 12:00am

White House terms cut 'anti-market'

The White House on Friday denounced what it called Opec's "anti-market" decision to cut petroleum production and underlined that high oil prices were a drag on the global economy. "It has always been our view that the value of commodities, including oil,

Published 25 Oct, 2008 12:00am

Burundi coffee prices fall

Burundi coffee prices dipped at this week's auction, dragged down by turmoil in world commodity and financial markets, the coffee board said on Friday. The state-owned Coffee Board (OCIBU) said the 540 tonnes of various top grades sold at Wednesday's auct

Published 25 Oct, 2008 12:00am

White House terms cut 'anti-market'

The White House on Friday denounced what it called Opec's "anti-market" decision to cut petroleum production and underlined that high oil prices were a drag on the global economy. "It has always been our view that the value of commodities, including oil,

Published 25 Oct, 2008 12:00am

Cameroon grinder cocoa purchases up

Cameroon's sole cocoa processing firm, SIC-Cacao, bought 4,795 tonnes of cocoa in the first two months of the 2008/2009 season, up 13 percent compared with the previous year, a company official said on Friday. "This increase in purchases is because we ins

Published 25 Oct, 2008 12:00am

Opec slashes output

Oil exporting countries said on Friday they would slash output from November 1 in an attempt to stabilise plunging oil prices. Following are the main points of the statement issued by the Organisation of the Petroleum Exporting Countries (Opec) at an extr

Published 25 Oct, 2008 12:00am

US rice futures end firm

US rough rice futures on the Chicago Board of Trade ended firm Thursday on a mild bounce after hitting an eight-month low this week, supported by the rise in corn, wheat and soybeans, traders said. November rice ended 8 cents up at $14.70-1/2; January clo

Published 25 Oct, 2008 12:00am

Opec slashes output

Oil exporting countries said on Friday they would slash output from November 1 in an attempt to stabilise plunging oil prices. Following are the main points of the statement issued by the Organisation of the Petroleum Exporting Countries (Opec) at an extr

Published 25 Oct, 2008 12:00am

Tokyo rubber futures fall

Tokyo rubber futures mostly fell on Friday as a sell-off in Japanese shares and a firmer yen against the dollar spurred selling from those who had bought on dips earlier this week. The key Tokyo Commodity Exchange rubber contract for March delivery ended

Published 25 Oct, 2008 12:00am

Opec slashes output

Oil exporting countries said on Friday they would slash output from November 1 in an attempt to stabilise plunging oil prices. Following are the main points of the statement issued by the Organisation of the Petroleum Exporting Countries (Opec) at an extr

Published 25 Oct, 2008 12:00am

New York sugar futures slip

Raw sugar futures settled at a fresh four-month low Thursday as weak equities, a rising dollar and worries over global recession deflated values, brokers said. The March raws sugar contract fell 0.12 cent to finish at 10.84 cents per lb. Moving from 10.73

Published 25 Oct, 2008 12:00am

Gilani calls upon Chinese companies to invest in Pakistan in a big way

Prime Minister Syed Yousuf Raza Gilani on Friday urged the Chinese companies to invest in Pakistan in a big way, strengthening the bonds of ever-lasting Sino-Pak friendship through economic diplomacy.

Published 25 Oct, 2008 12:00am

US copper to three-year low

The price of copper slid to a three-year low in New York futures trade on Thursday, before staging a mild bounce by the close amid signs of some stability in equities. Despite the modest bounce, the metal's bleak global demand outlook was expected to keep

Published 25 Oct, 2008 12:00am

Gilani calls upon Chinese companies to invest in Pakistan in a big way

Prime Minister Syed Yousuf Raza Gilani on Friday urged the Chinese companies to invest in Pakistan in a big way, strengthening the bonds of ever-lasting Sino-Pak friendship through economic diplomacy.

Published 25 Oct, 2008 12:00am

LME copper heads for second biggest weekly fall

London copper futures fell 2 percent on Friday, their fifth straight day of losses, and with prices down 18 percent so far this week, the market is set for its second biggest weekly loss on record. Growing worries the world is heading to recession have se

Published 25 Oct, 2008 12:00am

Gilani calls upon Chinese companies to invest in Pakistan in a big way

Prime Minister Syed Yousuf Raza Gilani on Friday urged the Chinese companies to invest in Pakistan in a big way, strengthening the bonds of ever-lasting Sino-Pak friendship through economic diplomacy.

Published 25 Oct, 2008 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 22	154.78
USD to Swiss Franc / Nov 22	0.89
Pound Sterling to USD / Nov 22	1.26
Euro to USD / Nov 22	1.05

Stock	Volume
S&P 500 / Nov 21	5,948.71
Nasdaq / Nov 21	18,972.42
Dow Jones / Nov 21	43,870.35
India Sensex / Nov 22	78,147.34
Tokyo Nikkei / Nov 22	38,283.85
Hang Seng / Nov 22	19,170.91
FTSE 100 / Nov 22	8,202.46
Germany DAX 30 / Nov 22	19,225.74

Item	Value
Crude Oil USD/Barrel / Nov 22	70.18
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Gold Spot USD/Ounce / Nov 22	2,691.90
Cotton US¢/pound / Nov 22	70.12
Petrol/Litre / Nov 23	248.38

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	7.15 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	620.68 ▼ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	69.40 ▼ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	115 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,084.82 ▼ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.35 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	7.15 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	620.68 ▲ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	69.40 ▲ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	115 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,084.82 ▲ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.35 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 23 Worldcall Telecom Limited(WTL)	95,563,962 ▲ 0.00
Pace (Pak) Ltd. / Nov 23 Pace (Pakistan) Limited(PACE)	51,499,190 ▲ 0.00
Kohinoor Spining / Nov 23 Kohinoor Spinning Mills Limited(KOSM)	48,260,119 ▲ 0.00
K-Electric Ltd. / Nov 23 K-Electric Limited(KEL)	44,585,332 ▲ 0.00
Treet Battery / Nov 23 Treet Battery Limited(TBL)	42,849,466 ▲ 0.00
Waves Home Appliances / Nov 23 Waves Home Appliances Limited(WAVESAPP)	41,650,133 ▲ 0.00
PIA Holding Co.Ltd / Nov 23 PIA Holding Company Limited(PIAHCLA)	33,841,692 ▲ 0.00
Fauji Foods Ltd / Nov 23 Fauji Foods Limited(FFL)	25,303,681 ▲ 0.00
Cnergyico PK / Nov 23 Cnergyico PK Limited(CNERGY)	25,120,112 ▲ 0.00

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