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Print - 2009-04-01
LSE-25 index down 58.55 points

LSE-25 index down 58.55 points

Lahore stocks remained under the grip of bearish sentiment on Tuesday and registered losses amid descending transaction volume on account of profit taking and portfolio sale despite another positive development with regarding to restoration of Mian Shahba
Published 01 Apr, 2009 12:00am
New York cotton

New York cotton

Mondays closing prices of New York cotton in US cents/lb.

Published 01 Apr, 2009 12:00am
Water inflows in four rivers increased

Water inflows in four rivers increased

With the rise in temperature in the upper mountainous regions of the country the snow has started melting and the water inflows in four rivers, Indus, Kabul, Jhelum and Chenab have increased during last two days. Water and Power Development Authority (Wap
Published 01 Apr, 2009 12:00am
New York cotton

New York cotton

Mondays closing prices of New York cotton in US cents/lb.

Published 01 Apr, 2009 12:00am
Water inflows in four rivers increased

Water inflows in four rivers increased

With the rise in temperature in the upper mountainous regions of the country the snow has started melting and the water inflows in four rivers, Indus, Kabul, Jhelum and Chenab have increased during last two days. Water and Power Development Authority (Wap
Published 01 Apr, 2009 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 01 Apr, 2009 12:00am
Water inflows in four rivers increased

Water inflows in four rivers increased

With the rise in temperature in the upper mountainous regions of the country the snow has started melting and the water inflows in four rivers, Indus, Kabul, Jhelum and Chenab have increased during last two days. Water and Power Development Authority (Wap
Published 01 Apr, 2009 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm
Published 01 Apr, 2009 12:00am
Southern African bloc suspends Madagascar

Southern African bloc suspends Madagascar

  • Southern African leaders have suspended Madagascar from a regional bloc, with no indication Tuesday their demands for ousted president Marc Ravalomanana to be re-instated would be met. In an unprecedented move the Southern African Development Community
Published 01 Apr, 2009 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (March 31, 2009).

Published 01 Apr, 2009 12:00am
ISE experiences bearish trend

ISE experiences bearish trend

Equities witnessed broad-based erosion at the Islamabad Stock Exchange (ISE) where bears remained in the front seat on Tuesday. ISE-10 Index was minus 49.26 points, as the index moved from 1,632.11 to 1,582.85 points. The overall turnover amounted to 3,07
Published 01 Apr, 2009 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Tuesday (March 31, 2009).

Published 01 Apr, 2009 12:00am
ISE experiences bearish trend

ISE experiences bearish trend

Equities witnessed broad-based erosion at the Islamabad Stock Exchange (ISE) where bears remained in the front seat on Tuesday. ISE-10 Index was minus 49.26 points, as the index moved from 1,632.11 to 1,582.85 points. The overall turnover amounted to 3,07
Published 01 Apr, 2009 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Tuesday (March 31, 2009).

Published 01 Apr, 2009 12:00am
Sindh government stops wheat movement to other provinces

Sindh government stops wheat movement to other provinces

The Sindh government is in no mood, against the directive of the Ministry of Food and Agriculture (Minfa), to allow movement of wheat to other provinces. Sources said that the provincial government would not impose a ban on inter-district wheat movement w
Published 01 Apr, 2009 12:00am
Sindh government stops wheat movement to other provinces

Sindh government stops wheat movement to other provinces

The Sindh government is in no mood, against the directive of the Ministry of Food and Agriculture (Minfa), to allow movement of wheat to other provinces. Sources said that the provincial government would not impose a ban on inter-district wheat movement w
Published 01 Apr, 2009 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Tuesday (March 31, 2009).

Published 01 Apr, 2009 12:00am
Kayani leaves for Turkey to attend Trilateral Summit

Kayani leaves for Turkey to attend Trilateral Summit

Chief of Army Staff (CoAS) General Ashfaq Parvaiz Kayani has left for Turkey to take part in third Trilateral Summit of Afghanistan, Pakistan and Turkey in Ankara. The third trilateral Summit being hosted by the Turkish President in Ankara on April 1, wil
Published 01 Apr, 2009 12:00am
Aptma worried over disruption of gas supply to mills

Aptma worried over disruption of gas supply to mills

The All Pakistan Textile Mills Association (Aptma) has expressed serious concern over the disruption of gas supply to its member mills during the current month, which is against all contractual commitments. "The disruption is making survival of the indust
Published 01 Apr, 2009 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (March 31, 2009).

Published 01 Apr, 2009 12:00am
NWFP likely to miss revenue target

NWFP likely to miss revenue target

The provincial government of NWFP is unlikely to achieve the revenue target of Rs 2.00 billion for the current financial year. The Department of Excise and Taxation had so far recovered Rs 800 million against the target, showing a recovery of 40 percent d
Published 01 Apr, 2009 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (March 31, 2009).
Published 01 Apr, 2009 12:00am
Mangla hydel power units resume production

Mangla hydel power units resume production

The closed Mangla hydel power generation units resumed production of 250 megawatt, much needed electricity after Indus River System Authority (Irsa) released 25,000 cusecs water from the Mangla Dam on Tuesday. Director General, Pakistan Electric Power Com
Published 01 Apr, 2009 12:00am
Mangla hydel power units resume production

Mangla hydel power units resume production

The closed Mangla hydel power generation units resumed production of 250 megawatt, much needed electricity after Indus River System Authority (Irsa) released 25,000 cusecs water from the Mangla Dam on Tuesday. Director General, Pakistan Electric Power Com
Published 01 Apr, 2009 12:00am
FBR starts direct debit facility for e-filers

FBR starts direct debit facility for e-filers

Over 150 companies and business entities are availing the facility of "direct debit" for electronic deposit of taxes at their doorsteps instead of physical visits to bank branch, to avoid inconvenience of long queues.
Published 01 Apr, 2009 12:00am
Sindh government stops wheat movement to other provinces

Sindh government stops wheat movement to other provinces

The Sindh government is in no mood, against the directive of the Ministry of Food and Agriculture (Minfa), to allow movement of wheat to other provinces. Sources said that the provincial government would not impose a ban on inter-district wheat movement w
Published 01 Apr, 2009 12:00am
Security lapses, who is to blame

Security lapses, who is to blame

The brazen and audacious terrorist attack on a police academy in Lahore suburbs on Monday morning, resulting in deaths (variously reported between 12 and 22, including the three terrorists who blew themselves up) and injuries to more than 100, follows the
Published 01 Apr, 2009 12:00am
Security lapses, who is to blame

Security lapses, who is to blame

The brazen and audacious terrorist attack on a police academy in Lahore suburbs on Monday morning, resulting in deaths (variously reported between 12 and 22, including the three terrorists who blew themselves up) and injuries to more than 100, follows the
Published 01 Apr, 2009 12:00am
Mangla hydel power units resume production

Mangla hydel power units resume production

The closed Mangla hydel power generation units resumed production of 250 megawatt, much needed electricity after Indus River System Authority (Irsa) released 25,000 cusecs water from the Mangla Dam on Tuesday. Director General, Pakistan Electric Power Com
Published 01 Apr, 2009 12:00am
PTA protests illegal act of factory

PTA protests illegal act of factory

Chairman PTA (S.Z) Sh M Afzal Hussain protested against illegal and unauthorised act of garments factory no Plot 26, Sector 23, KIA, to get water from Sector 7/A, KIA which is the largest cluster of leather Sector in Pakistan and contributing millions of
Published 01 Apr, 2009 12:00am
Zardari arrives in Turkey

Zardari arrives in Turkey

President Asif Ali Zardari arrived here Tuesday for Turkish-sponsored talks with Afghan counterpart Hamid Karzai on boosting co-operation against extremists, a Pakistani diplomat said. The trilateral meeting - the third round of fence-mending talks betwee
Published 01 Apr, 2009 12:00am
Zardari arrives in Turkey

Zardari arrives in Turkey

President Asif Ali Zardari arrived here Tuesday for Turkish-sponsored talks with Afghan counterpart Hamid Karzai on boosting co-operation against extremists, a Pakistani diplomat said. The trilateral meeting - the third round of fence-mending talks betwee
Published 01 Apr, 2009 12:00am
No aid until Pakistan hits militants: US Senator

No aid until Pakistan hits militants: US Senator

A senior US senator said on Tuesday Pakistan should prove it is committed to fighting militancy before it receives more US aid and called the contribution by Nato allies to the war in Afghanistan pitiful. Senator Carl Levin, who chairs the US Senates arme
Published 01 Apr, 2009 12:00am
No aid until Pakistan hits militants: US Senator

No aid until Pakistan hits militants: US Senator

A senior US senator said on Tuesday Pakistan should prove it is committed to fighting militancy before it receives more US aid and called the contribution by Nato allies to the war in Afghanistan pitiful. Senator Carl Levin, who chairs the US Senates arme
Published 01 Apr, 2009 12:00am
Over one million cases pending in various courts in Punjab: LHC report

Over one million cases pending in various courts in Punjab: LHC report

More than one million cases are pending in the courts in Punjab said an annual report issued here on Wednesday by the Lahore High Court (LHC). The report, however, said LHC out of 163,974 petitions filed before the court during 2008 disposed of 74,542 cas
Published 01 Apr, 2009 12:00am
Punjab again put on road to progress: Rana Iqbal

Punjab again put on road to progress: Rana Iqbal

The Speaker Punjab Assembly Rana Muhammad Iqbal has said that Punjab Province had again been put on the road to progress by decision of the Supreme Court. The Speaker talked about the measures that had been put in field of education by the Government of M
Published 01 Apr, 2009 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 01 Apr, 2009 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 01 Apr, 2009 12:00am
Dr Asim meets Prime Minister

Dr Asim meets Prime Minister

Advisor to Prime Minister on Petroleum Dr Asim Hussain called on Prime Minister Syed Yusuf Raza Gilani here at PMs House on Tuesday afternoon. The advisor briefed the Prime Minister on new petroleum policy and the status of IPI pipeline project.
Published 01 Apr, 2009 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Tuesday (March 31, 2009).

Published 01 Apr, 2009 12:00am
Pakistan comparison with Afghanistan unfair: Gilani

Pakistan comparison with Afghanistan unfair: Gilani

Prime Minister Yusuf Raza Gilani on Tuesday said it was "unfair" of US President Barrack Obama to compare Pakistan with Afghanistan during unveiling a new policy for both the countries. Talking to media after opening the Pakistan Institute of Development
Published 01 Apr, 2009 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 01 Apr, 2009 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 01 Apr, 2009 12:00am
Restoration of Shahbaz Sharifs government welcomed

Restoration of Shahbaz Sharifs government welcomed

People from different walks of life have welcomed the restoration of PML-N government in Punjab in pursuance of stay order granted by the Supreme Court on an earlier decision of the apex court. Traders and small shopkeepers in Lahore have expressed jubila
Published 01 Apr, 2009 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 01 Apr, 2009 12:00am
UK investment sought in dams, renewable energy sector

UK investment sought in dams, renewable energy sector

Federal Minister for Water and Power Raja Pervez Ashraf on Tuesday urged the investors of United Kingdom to invest in mega water reservoirs including Bhasha dam. Speaking at a luncheon reception hosted by Alternative Energy Development Board (AEDB) in hon
Published 01 Apr, 2009 12:00am
Punjab government moves summary

Punjab government moves summary

After the restoration, the Punjab government on Tuesday moved a summary for the closure of Punjab Governor camp office, that was established at 8 club road, while Punjab chief secretariat has been made the CM camp office.
Published 01 Apr, 2009 12:00am
LHC disposes of identical petitions challenging governor rule

LHC disposes of identical petitions challenging governor rule

A full bench of the Lahore High Court (LHC) headed by Chief Justice Syed Zahid Hussain disposed some identical petitions challenging governor rule in Punjab. The bench observed that proclamation challenged is revoked hence there remain no live issue and q
Published 01 Apr, 2009 12:00am
Shahbaz candidacy: CEC recalls notification

Shahbaz candidacy: CEC recalls notification

Kanwar Muhammad Dilshad, Secretary Election Commission on Tuesday recalled the Election Commissions notification, dated 25.2.2009, whereby Shahbaz Sharif was de-notified as returned candidate from provincial assembly constituency PP-48 Bhakkar-II vide Ele
Published 01 Apr, 2009 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (March 31, 2009).

Published 01 Apr, 2009 12:00am
Minister seeks schedule of CNG buses project

Minister seeks schedule of CNG buses project

Federal Minister for Environment Hameed Ullah Jan Afridi directed the Planning Commission and Ministry of Petroleum and Natural Resources to submit clear-cut schedule for execution of Mega CNG Buses Project within one week.
Published 01 Apr, 2009 12:00am
Odd Lot Market Rates

Odd Lot Market Rates

Odd Lot Market Rates on Tuesday (March 31, 2009).

Published 01 Apr, 2009 12:00am
PML-N lawyers ask Taseer to resign

PML-N lawyers ask Taseer to resign

Lawyers affiliated with PML (N) have demanded of the Governor Punjab to resign for his failure to arrest law and order situation in the province during the last five-weeks of Governor Rule. President PML (N) Lawyers Forum Khawaja Mahmood Ahmad addressing
Published 01 Apr, 2009 12:00am
Odd Lot Market Rates

Odd Lot Market Rates

Odd Lot Market Rates on Tuesday (March 31, 2009).

Published 01 Apr, 2009 12:00am
Odd Lot Market Rates

Odd Lot Market Rates

Odd Lot Market Rates on Tuesday (March 31, 2009).

Published 01 Apr, 2009 12:00am
Obama arrives in Britain for G20, Europe tour

Obama arrives in Britain for G20, Europe tour

US President Barack Obama arrived in London Tuesday ahead of the G20 economic summit, on his eagerly awaited first foray onto the global stage since he moved into the White House in January. Obama arrived at the heavily secured Stansted airport outside Lo
Published 01 Apr, 2009 12:00am
Obama arrives in Britain for G20, Europe tour

Obama arrives in Britain for G20, Europe tour

US President Barack Obama arrived in London Tuesday ahead of the G20 economic summit, on his eagerly awaited first foray onto the global stage since he moved into the White House in January. Obama arrived at the heavily secured Stansted airport outside Lo
Published 01 Apr, 2009 12:00am