News Archives for Print - 2009-04-02

Print - 2009-04-02

Lahore Paper Market Rates

Paper market rates in rupees on Wednesday (April 01, 2009).

Published 02 Apr, 2009 12:00am

US soyabean futures on the Chicago Board of Trade soared 5 percent on Tuesday, boosted by USDAs lower-than-expected soya plantings forecast and end-of-the-month buying by commodity funds, traders said. Higher equity markets and softer dollar contributed t

Published 02 Apr, 2009 12:00am

US sugar firmer

Raw sugar futures settled firmer Tuesday, rebounding from near a 10-week low on investor buying, strong outside markets and a weak dollar. The key May sugar contract rose 0.19 cent to close at 12.67 cents per lb. For the first quarter of 2009 and based on

Published 02 Apr, 2009 12:00am

Sugar rallies in London

White sugar futures rallied on investor buying on Wednesday, cocoa was mixed with stronger sterling weighing on prices in London, while coffee drifted lower, dealers said. Dealers said activity was light with attention focused on the gathering of G20 lead

Published 02 Apr, 2009 12:00am

Gold hovers at $920 an ounce in Asia

Gold held firm around $920 on Wednesday after ending the last quarter up more than 4 percent, as investors awaited key US economic data to see their impact on stock and currency markets.

Published 02 Apr, 2009 12:00am

US gold ends higher

US gold futures ended up on Tuesday as the dollar weakened, recovering from the previous sessions losses, but declining commodities prices could still pressure bullion in the near term. Gold for June delivery settled up $7.30 at $925.00 an ounce on the CO

Published 02 Apr, 2009 12:00am

US MIDDAY: coffee eases, cocoa down

Arabica coffee futures eased in thin dealing Wednesday, consolidating after Tuesdays rally, while US cocoa futures also dropped in options-related trade, traders said. Arabica coffee for May delivery fell 0.35 cent to $1.1540 per lb, by 9:14 am EDT (1314

Published 02 Apr, 2009 12:00am

Gold steadies in Europe

Gold was steady in Europe on Wednesday as traders awaited direction from this weeks G20 summit in London, where leaders have gathered to address the ailing global economy. Spot gold was at $921.00/923.00 an ounce at 1542 GMT from $917.15 late in New York

Published 02 Apr, 2009 12:00am

US MIDDAY: wheat, corn down

CBOT May wheat was down 15-3/4 cents per bushel at $5.17 and May corn was down 11 cents at $3.93-3/4 early on Wednesday, traders said. Wheat and corn were pressured by profit-taking and corn also was weighed down by increased farmer selling after a big ra

Published 02 Apr, 2009 12:00am

US MIDDAY: Sugar climbs

Raw sugar futures on ICE Futures US at 1149 GMT. May raw sugar contract advanced 0.19 cent to 12.86 cents per lb. Dealing from 12.67 to 12.90 cents. Volume at 10,036 lots. Investor short-covering as market players look to leads from G-20 summit in London,

Published 02 Apr, 2009 12:00am

US MIDDAY: copper trims losses

US copper futures trimmed their morning losses on Wednesday after better-than-expected data from the housing and manufacturing sectors suggested the pace of deterioration was moderating. Copper for May delivery were trading down 1.25 cents at $1.8320 a lb

Published 02 Apr, 2009 12:00am

US MIDDAY: gold falls

US gold futures edged down in mixed trade on Wednesday but limited losses despite poor gold bullion demand by top consumer India and news that the European Central Bank sold 35.5 tonnes of gold. Gold for June delivery inched down 20 cents at $924.80 an ou

Published 02 Apr, 2009 12:00am

Security lapses

As the war on terror continues in an unabated manner, Pakistan is suffering quite heavily and at the same time major security lapses occur here and there every time the terrorists and militants strike and kill more and more innocent people.

Published 02 Apr, 2009 12:00am

All eyes on Obama as the world comes to London

As the world comes to London for the G20 summit of rich and emerging nations, all eyes will be on the Obamas for a touch of glamour and inspiration at the height of economic gloom. US President Barack Obama and his wife, Michelle, are certain to steal the

Published 02 Apr, 2009 12:00am

Australia declares war on motorcycle gangs

Canberra police stand guard as a motorcade sweeps along closed roads in a blaze of black metal and shiny chrome. Its not a visiting head of state going by but the bullet-holed body of slain motorcycle gang leader Richard Roberts. Australias motorcycle gan

Published 02 Apr, 2009 12:00am

Spotlight: Hopes alive and kicking again!

Just about a week ago the PM had come to Lahore and had a candid session with the PPP parliamentary party of Punjab. He minced no words and made it abundantly clear that he was against Governors rule on Punjab in the first place and now (he implied) it wa

Published 02 Apr, 2009 12:00am

ADBs forecast for countrys GDP growth

The Asian Development Banks GDP growth forecast for financial year 2008-09 for Pakistan is 2.8 percent. As ADB, like other multilaterals, does not have the requisite manpower to undertake independent calculation of key macroeconomic variables it is forced

Published 02 Apr, 2009 12:00am

Monitoring team of Planning Commission visits DPWO

The monitoring team of Planning Commission (PC) on Wednesday visited District Population Welfare Office Nowshera (DPWO) and reviewed various welfare centres and mobile service units in the district. Monitoring Officer Planning Commission, Syed Zahoor Ali

Published 02 Apr, 2009 12:00am

Fight against inflation and fiscal improvement go hand in hand

The price situation in the country continues to be disturbing. The Consumer Price Index (CPI) and Wholesale Price Index (WPI) for the month of February, 2009 released by the Federal Bureau of Statistics (FBS) about a fortnight back have shown a whopping i

Published 02 Apr, 2009 12:00am

Concern voiced over gas supply disruption

Former Punjab Minister for Industries, Ex-President of Multan Chamber of Commerce and Industry (MCCI) Khwaja Muhammad Jalaluddin Roomi has expressed concern over the disruption of gas supply to its member mills in the month of March, which was against all

Published 02 Apr, 2009 12:00am

HBL allowed RMB trade/remittance for settlements with China

The Central bank of China has allowed Habib Bank Ltd (HBL) for trade/remittance settlements in Chinese currency Renmibi (RMB), a banking source said here on Wednesday. "Peoples Bank of China has granted permission to HBL Pakistan to open its RMB account a

Published 02 Apr, 2009 12:00am

80 percent diabetics at high risk of retinopathy

80 percent of people having diabetes for 10 years or more are at increased risk of developing retinopathy (damage to retina), that may eventually lead to blindness. A research report published in the latest edition of Diabetic Association of Pakistans mon

Published 02 Apr, 2009 12:00am

PRCS provides free treatment to thousands of allergy patients

Pakistan Red Crescent Society (PRCS) is providing free medical treatment to thousands of allergy patients besides awareness and prevention counselling at its camps set up in the federal capital. Around 8,527 people have benefited so far in the camps worki

Published 02 Apr, 2009 12:00am

Sindh Zakat Council approves Rs 422 million for disbursement

The Provincial Zakat Council (PZC) has approved the release of Rs 422 million as Zakat instalments to District Zakat and Ushr Committees for Guzara allowance, educational stipends, Deeni Madaris, health institutes, Jahez and rehabilitation/social welfare

Published 02 Apr, 2009 12:00am

KBCA staff, officials detained illegally

Chief Controller of Buildings, Manzoor Kadir has taken strict notice of attack on Karachi Building Control Authority (KBCA) staff by people involved in illegal construction in Nazimabad area and inappropriate attitude of police towards the officials.

Published 02 Apr, 2009 12:00am

52 students injured as school roof collapses

At least 52 students were injured when roof of a school collapsed in old town area of Baramulla in occupied Kashmir here on Tuesday. According to Kashmir Media service, a portion of the first floor of the 4-storey building Noor-ul-Islam Girls Higher Secon

Published 02 Apr, 2009 12:00am

UK Border Agency introduces new measures for student visas

The United Kingdom government introduced new arrangements for student visas here on Wednesday to make the visa process simpler, more objective, more transparent for applicants and prevent misuse of the immigration system. Under the new Points Based System

Published 02 Apr, 2009 12:00am

Writers exchange programme to promote literature

Pakistan Academy of Letters (PAL) is implementing a novel idea of "Writers Exchange Programme" with various countries which will help writers explore features of common heritage and age-old historical, civilisational and cultural links.

Published 02 Apr, 2009 12:00am

Obama asked to address Pakistans concerns on Indian role in Afghanistan

As the Obama administration moves to calibrate a fragmented approach toward Afghanistan in a regional perspective, top U.S. experts have asked Washington to address Pakistans concerns over Indian role in its insurgency-hit western neighbour.

Published 02 Apr, 2009 12:00am

Fund raising exercise for Civil hospital OT on 11th

The Dowiites 78, Graduates of Dow Medical College, 1978 batch, will undertake a fund raising exercise "Art for Health" to generate money, for the Civil Hospital Karachis operation theatre complex, here on April 11.

Published 02 Apr, 2009 12:00am

Partly Facetious: Gilani is between rock and a hard place

"You know all this hype in the media, that the Prime Minister and the President are at odds with each other on certain policies, well I dont quite believe it."

Published 02 Apr, 2009 12:00am

LHCBA demands Khawajas appointment as Supreme Court judge

Lahore High Court Bar Association (LHCBA) demanded on Wednesday the appointment of former judge Lahore High Court Jawad S Khawaja as judge of the Supreme Court who had resigned under protest against dismissal of Iftikhar Muhammad Chaudhry and others judge

Published 02 Apr, 2009 12:00am

Punjab government anticipating more terrorist attacks

In the aftermath of heinous terrorist attacks in the provincial capital in the span of one month, the Punjab government is anticipating more terrorist attacks in the province. This was revealed by sources in the Punjab Home Department to Business Recor

Published 02 Apr, 2009 12:00am

P&G organises edutainment trip for underprivileged children

Under its commitment to invest in community, P&G Pakistan organised an edutainment trip for 140 underprivileged children of P&G - HOPE Schools. Seventeen employee volunteers from P&G Pakistan led this trip for the P&G - HOPE children to Makli Hills - a Un
Published 02 Apr, 2009 12:00am

Health institutions: Pesco asked to complete external electrification

NWFP Minister for Health Syed Zahir Ali Shah has asked Peshawar Electricity Supply Company (Pesco) to complete the external electrification of all health institutions such as DHQ, RHC and BHUs in the province to make it functional as soon as possible.
Published 02 Apr, 2009 12:00am

Musharrafs trial: Supreme Court returns petition with technical objection

The Supreme Court on Wednesday, after raising some technical objections, returned the constitutional petition, seeking trial of former President General Pervez Musharraf (retd) under Article 6 of the Constitution.
Published 02 Apr, 2009 12:00am

IIE, ISO hold presentation competition

1st Interdepart-mental Presentation Competition (IPC) on innovation was jointly organised by the Institute of Industrial Engineers (IIE) USA and Industrial Students Organisation (ISO) of the Department of Industrial Engineering and Management Mehran Unive
Published 02 Apr, 2009 12:00am

Minister urges unity to fight terrorism

In the view of present terrorist activities, the country cannot afford political confrontation and it is the high time that we should strengthen the democracy and foil the evil plans of anti-state elements. The Advisor to Sindh Chief Minister, Sharmila Fa
Published 02 Apr, 2009 12:00am

Traffic violation: bus owners association assures co-operation with NH&MP

Deputy Inspector General of National Highway and Motorway Police Syed Ibne Hussain has said that boarding of passengers outside the bus bays, lane violation, using of roof of buses and use of pressure horns are the major violations by the bus owners. He s
Published 02 Apr, 2009 12:00am

LHC suspends appointment of Dr Riaz

The Lahore High Court here on Wednesday while admitting a petition for regular hearing suspended appointment of Dr Riaz Hussain Dab as principal Punjab Medical College Faisalabad and issued notices to the respondents for April 15.
Published 02 Apr, 2009 12:00am

Supreme Court verdict to help expedite business activities: PIAF

Pakistan Industrial and Traders Associations Front (PIAF), while welcoming the restoration of Mian Shahbaz Sharif as Chief Minister of Punjab has expressed the confidence in the Supreme Courts decision and said that it would help expedite business activit
Published 02 Apr, 2009 12:00am

SPSC to hold Combined Competitive Examination from April 6

Secretary Sindh Public Service Commission (SPSC) Hyderabad issued a statement on Wednesday saying that Sindh Public Service Commission is holding the Combined Competitive Examination 2008 which is scheduled from 6th April to 21st April 2009.
Published 02 Apr, 2009 12:00am

Body discusses allotment of Railways land to Golf Club

A meeting of the Special Committee on Railways was held on Wednesday to discuss and investigate the matter of allotment of Railways land to Golf Club, Lahore on nominal prices.
Published 02 Apr, 2009 12:00am

NWFP government sanctions Rs 1.8 billion for irrigation project

NWFP Senior Minister for Planning and Development Rahimdad Khan has said that the federal government has sanctioned a mega project of Rs 1.8 billion for construction of 40 kilometer long canal in NWFP, which would help cultivate about 42,000 acres of land
Published 02 Apr, 2009 12:00am

Third Pakistan corporate philanthropy awards on April 3

Pakistan Centre for Philanthropy, an independent non-profit organisation with the objective to promote philanthropic initiatives for social sector development in Pakistan is holding the 3rd Pakistan Corporate Philanthropy awards at a local hotel on April
Published 02 Apr, 2009 12:00am

Oracle Asia Pacific momentum continues to attract customers

Organisations across key industries in Asia Pacific continue to adopt or expand implementations of Oracle Database, Oracle Fusion Middleware, Oracle Enterprise Performance Management and Oracle Business Intelligence, and Oracle Applications for their stra
Published 02 Apr, 2009 12:00am

World Autism Awareness Day today

Payaam is organising a seminar to mark the World Autism Awareness Day at the National Institute of Special Education (NISE) for Mentally Retarded here on Thursday. Ambassador of Iraq, Kais Subhi Al-Yacoubi will be the chief guest and Khalid Naeem, Directo
Published 02 Apr, 2009 12:00am

China balancing factor in world politics: General Tariq

Pakistan is considering China as a balancing factor in the current world politics ensuring peace and stability in the evolving global scenario, said General Tariq Majeed, Chairman Joint Chiefs of Staff Committee (CJCSC) here on Wednesday.
Published 02 Apr, 2009 12:00am

FPSC clarifies allegations against senior management

It is clarified that some staff members of FPSC who went on strike have levelled false allegations of victimisation against senior management. It is clarified that no victimisation has been done against the delinquent. Their cases have been decided by the
Published 02 Apr, 2009 12:00am

Strict ban imposed on kite flying in Punjab

Taking serious notice of deaths of innocent people due to cutting throats by string, the Punjab government has imposed strict ban on kite flying in the province.
Published 02 Apr, 2009 12:00am

Call to join anti-terrorism rally

Human Rights Commission of Pakistan (HRCP) on Tuesday called upon all political workers, lawyers, civil society organisations, trade unions, women activists, human rights activists, teachers and youth to join the anti-terrorism rally from Lahore High Cour
Published 02 Apr, 2009 12:00am

Liquid Cargo Terminal at Port Qasim commissioned

The newly built Liquid Cargo Terminal at Port Qasim operated by joint venture between Pakistan and Malaysia (Westbury & FELDA) FWQ Enterprises (PVT) Limited Group undertook soft commissioning successfully on March 30 with the berthing of MT Sterlin 00S wi
Published 02 Apr, 2009 12:00am

Punjab University sets up research laboratories in various disciplines

The Punjab University Institute of Engineering and Technology has set up research laboratories in various disciplines including corrosion technology, polymer technology and catalyst characterisation technology which can benefit the local industry.
Published 02 Apr, 2009 12:00am

Government should take firm stance on US drone attacks

The Chairman, Senate Standing Committee on Interior, Senator Talha Mehmood has asked the government to give up the apologetic attitude towards the drone attacks by the US predators and take a clear stance to bring an end to these attacks on Pakistani soil
Published 02 Apr, 2009 12:00am

Shehla meets Naek

The Acting Speaker, Sindh Provincial Assembly, Shehla Raza called on the Acting President, Farooq H Naek at the Parliament House this evening and discussed with him matters of mutual interest with particular reference to the process of legislation in the
Published 02 Apr, 2009 12:00am

Youth convention today

A youth convention will be held on April 2, under the auspices of Peoples Youth Organisation (PYO) here at RY Khan Press Club. PYO District President Mirza Mohammad Ameen said this while talking to newsmen on Wednesday.
Published 02 Apr, 2009 12:00am

Water shortage: Punjab and Sindh lock horns over distribution mechanism

As a whole Kharif crops will face three to five percent of shortfall in water availability, Indus River System Authority (Irsa) predicted. An official told after the meeting of Irsa Advisory Committee presided over by its Chairman, Muhammad Amin, who mull
Published 02 Apr, 2009 12:00am

Wheat harvesting begins in Rahim Yar Khan

With overall conducive weather the wheat crop in the district is most likely to be an impressive reap, this was stated by District Officer Agriculture RYK, Javed Iqbal on Wednesday. The official shared the information that wheat was cultivated on an area
Published 02 Apr, 2009 12:00am

1,400 LHWs suffer due to non payment of salaries

More than 1400 Lady Health Workers (LHWs) working in the Health Department of Multan are living in a severe financial constraint, as the concerned authority did not pay their salaries for the last four months.
Published 02 Apr, 2009 12:00am

Punjab Chief Secretary, IG replaced

The Punjab government on Wednesday replaced incumbent Chief Secretary (CS), Najibullah Malik with Javed Mahmood, and incumbent Inspector General Police (IGP) Punjab Khawaja Khalid Farooque with Shaukat Javed.
Published 02 Apr, 2009 12:00am

Rejoicing at Shahbaz governments restoration continues

People of Multan on Wednesday continued welcoming the restoration of Shahbaz Sharifs government in the Punjab following a Supreme Court (SC) stay against his disqualification from holding public office. While billing the SC verdict as democracys victory,
Published 02 Apr, 2009 12:00am

Hubco receives Rs 35.458 billion from Wapda

The Hub Power Company (Hubco) has received a payment of outstanding amount of Rs 35.458 billion from the Water and Power Development Authority (Wapda) through circular debt settlement arranged by the Federal government. According to Hubco communique despa
Published 02 Apr, 2009 12:00am

LSE union demands sacking of managing director

The Lahore Stock Exchanges Shaheen Workers Union has demanded of the government and the Chairman of Securities and Exchange Commission of Pakistan (SECP) to immediately terminate the LSE Managing Director Shakeel Aslam on account of massive financial irre
Published 02 Apr, 2009 12:00am

Divisional Commissioner directs transparent utilisation of uplift funds

Divisional Commissioner (DC), Tahir Hussain has directed the Divisional and District heads of nation building departments for the transparent utilisation of development funds allocated by the provincial and district governments for annual development prog
Published 02 Apr, 2009 12:00am

Insurgents threaten Pakistans existence, says Petraeus

Insurgents pose a growing threat not only to Afghanistan but to Pakistans "very existence," the commander of US forces in the region, General David Petraeus, said on Wednesday. Taliban and al Qaeda-linked groups based near the Afghan border represent "an
Published 02 Apr, 2009 12:00am

Joining federal cabinet: PML-N will take top leadership into confidence

Pakistan Muslim League (Nawaz) will take the top leadership of the party into confidence before taking any decision to rejoin the Federal Cabinet. However, most of the PML (N) leaders declined to confirm Yousuf Raza Gilani has really made this offer durin
Published 02 Apr, 2009 12:00am

PML-N ready to accept PPP back in cabinet: Shahbaz

Punjab chief minister Mian Shahbaz Sharif Wednesday said that PML (N) was ready to accept the PPP back in the provincial cabinet adding that the two parties could work together to resolve the problems of the people.
Published 02 Apr, 2009 12:00am

Body to monitor textile sector performance

A meeting to discuss various textile sector problems and other related issues was held here on Wednesday under the Chairmanship of Prime Ministers Advisor on Finance Shaukat Tarin and Federal Minister for Textile Industry, Rana Muhammad Farooq S. Khan bes
Published 02 Apr, 2009 12:00am

Security equal to President and Prime Minister sought for CJP

The Supreme Court on Wednesday was asked for providing security and protocol to the Chief Justice of Pakistan equivalent to that of President and Prime Minister through a constitutional petition.
Published 02 Apr, 2009 12:00am

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Wednesday (April 01, 2009).

Published 02 Apr, 2009 12:00am

APNS lauded

The Managing Editor of the Pakistans leading monthly international news review Pictorial News Review, Mahmudul Aziz has in a statement expressed his sincere thanks to the All Pakistan Newspaper Society (APNS) for conferring on him the status of Member Eme
Published 02 Apr, 2009 12:00am

Key stock and currency market movements

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

Published 02 Apr, 2009 12:00am

Plan to set up FODP secretariat in Islamabad

Pakistan has planned to set up a secretariat of the Friends of Democratic Pakistan (FODP) in Islamabad and set up separate working groups with interested countries and institutions to carry forward the FODP process under five clusters.
Published 02 Apr, 2009 12:00am

The Weather

The weather report on Wednesday (April 01, 2009) and the forecast for Thursday (April 02, 2009).

Published 02 Apr, 2009 12:00am

APNS election

The Annual General Council Meeting of the APNS held on March 31, 2009 has unanimously elected Mujeeb-ur-Rehman Shami as President, Dr Jabbar Khattak as Secretary General, Muhammad Aslam Kazi as Senior Vice President, Mumtaz A. Tahir as Vice President, Sye
Published 02 Apr, 2009 12:00am

LME official plastics prices

The following were Tuesday official prices.

Published 02 Apr, 2009 12:00am

Import of 500 million cubic feet Iranian gas: MoP to get Cabinets approval

The Ministry of Petroleum (MoP) will move a summary to the Federal Cabinet, seeking approval for importing 500 million cubic feet gas per day (mcfd) from Iran at the rate of 80 percent of crude oil price under Iran-Pakistan-India (IPI) gas pipeline projec
Published 02 Apr, 2009 12:00am

LME official plastics prices

The following were Tuesday official prices.

Published 02 Apr, 2009 12:00am

3Ds policy gaining acceptance world-wide: Gilani

Prime Minister, Syed Yousuf Raza Gilani has said that the present situation demands joint efforts by both Pakistan and Afghanistan to root out the menace of terrorism and extremism. He said that Pakistans 3Ds policy, dialogue, development and deterrence i
Published 02 Apr, 2009 12:00am

LME official prices

The following were Tuesday official prices.

Published 02 Apr, 2009 12:00am

Additional commissioner of income tax demoted

The Federal Board of Revenue (FBR) has imposed a major penalty of "reduction to a lower post of Deputy Commissioner of Income Tax (BS-18)" upon an Additional Commissioner of Income Tax of (BS-19), Regional Tax Office (RTO), Karachi.
Published 02 Apr, 2009 12:00am

LME official prices

The following were Tuesday official prices.

Published 02 Apr, 2009 12:00am

Lawyer receiving life threats

Chairman Human Rights Committee Punjab Bar Council Sheikh Anees Saadi advocate has claimed to have received life threats from some religious extremist organisations for pleading cases to defend those accused for blasphemy.
Published 02 Apr, 2009 12:00am

Poultry Rates

Wholesale poultry rates on Wednesday (April 01, 2009) and for Thursday (April 02, 2009).
Published 02 Apr, 2009 12:00am

Ministries fail to curtail non-development expenditure

Ministries are paying no heed to the Prime Ministers clear-cut instructions to cut down their non-development expenditures that have gone up to Rs100 billion during the current fiscal year with 22 percent increase as compared to the corresponding period o
Published 02 Apr, 2009 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (April 01, 2009).

Published 02 Apr, 2009 12:00am

Supreme Court tells Sindh government to issue appointment letters to 185 law officers

The Supreme Court on Wednesday directed the government of Sindh to issue appointment letters to 185 assistant and deputy prosecutors while dismissing its petition denying these appointments. A three-member bench of the apex court comprising Chief Justice
Published 02 Apr, 2009 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (April 01, 2009).

Published 02 Apr, 2009 12:00am

Shahbaz sets up Rs 50 million fund for journalists

Punjab Chief Minister, Muhammad Shahbaz Sharif has announced setting up of a special fund with an amount of Rs 50 million for those journalists meeting any accident during the performance of their duties.
Published 02 Apr, 2009 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (April 01, 2009).

Published 02 Apr, 2009 12:00am

Liberty and Manawan incidents: serious negligence in security arrangements, says Shahbaz

The Punjab Chief Minister, Muhammad Shahbaz Sharif presided over a high level meeting at Chief Ministers Secretariat on Wednesday, which expressed its consensus that serious negligence was committed in the security arrangements by the administration and p
Published 02 Apr, 2009 12:00am

Pakistan Government International Bonds

Pakistan Government International Bonds daily prices for Wednesday (April 01, 2009)

Published 02 Apr, 2009 12:00am

Malaysian court rules divisive Islamic contract valid

A Malaysian court has ruled that a popular but controversial Islamic finance contract is valid, a move expected to boost sharia banks in Southeast Asias most developed Islamic financial market. The bai bithaman ajil or deferred payment sale contract is th
Published 02 Apr, 2009 12:00am

Clearing Schedule for T+2 System

Karachi Stock Exchanges Clearing Schedule for T+2 System.

Published 02 Apr, 2009 12:00am

Honda to cut North America production, salaries: report

The Japanese automaker Honda has said it will further cut North American production and salaries amid plunging car sales, The Wall Street Journal reported Wednesday. Honda will reduce output by 62,000 units over three months starting May 1.
Published 02 Apr, 2009 12:00am

Dates of Closure of Books & Annual General Meetings

Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed on the stock exchanges.

Published 02 Apr, 2009 12:00am

Top economists urge G20 to embrace free trade

Leading international economists urged G20 leaders meeting in London on Wednesday to reject protectionism and promote free trade as they seek to thrash out plans to deal with a global economic downturn.
Published 02 Apr, 2009 12:00am

BoI offers 10 years tax holiday to zone industrialists: EPZs to be set up across country

The Federal Government is firm on setting up Exports Processing Zones (EPZs) in different parts of the country, where special ten years tax holiday will be given to the industrialists, said the Minister of State on Investment and the Chairman, Board of In
Published 02 Apr, 2009 12:00am

Czech, Polish bond auctions in demand as supply grows

Central Europes fiscally-stronger countries Poland and the Czech Republic stepped up borrowing at auctions on Wednesday, scooping up funds despite a jump in yields. A slight pickup in global sentiment has raised investors appetite for emerging assets over
Published 02 Apr, 2009 12:00am

Pakistan Government International Bonds

Pakistan Government International Bonds daily prices for Wednesday (April 01, 2009)

Published 02 Apr, 2009 12:00am

Previous Day

Forex
World
Commodity

Currency Rate

USD PKR Interbank Selling / Apr 10

280.65

USD PKR Interbank Buying / Apr 10

280.45

USD to Japanese Yen / Apr 10

143.21

USD to Swiss Franc / Apr 10

0.82

Pound Sterling to USD / Apr 10

1.30

Euro to USD / Apr 10

1.14

UK LIBOR % / Apr 10

4.96

Stock Volume

S&P 500 / Apr 10

5,268.05

India Sensex / Apr 10

74,762.84

Tokyo Nikkei / Apr 10

33,210.17

Nasdaq / Apr 10

16,387.31

Hang Seng / Apr 10

20,628.55

FTSE 100 / Apr 10

7,913.25

Dow Jones / Apr 10

39,593.66

Germany DAX 30 / Apr 10

20,562.73

France CAC40 / Apr 10

7,126.02

Item Value

Crude Oil USD/Barrel / Apr 10

59.80

Karachi Cotton PKR/37.32 KG / Apr 10

16,785

Gold 10 Grams PKR / Apr 10

281,893

Gold Spot USD/Ounce / Apr 10

3,217.96

Cotton US¢/pound / Apr 10

67.17

Petrol/Litre / Apr 11

254.63

Diesel/Litre / Apr 11

258.64

Gainers
Losers
Leaders

Stock Price

Tri-Star Mutual / Apr 10

Tri-Star Mutual Fund Limited(TSMF)

8.10

▲ 1 (14.08%)

Burj Clean Energy Modaraba / Apr 10

Burj Clean Energy Modaraba(GEM)(GEMBCEM)

9

▲ 1 (12.5%)

Pak Agro Pack. (GEM) / Apr 10

Pak Agro Packaging Limited (GEM)(GEMPAPL)

7.85

▲ 0.79 (11.19%)

Nazir Cotton Mills / Apr 10

Nazir Cotton Mills Limited(NCML)

11.84

▲ 1.08 (10.04%)

Pak Gulf Leasing / Apr 10

Pak-Gulf Leasing Company Limited(PGLC)

17.79

▲ 1.62 (10.02%)

Frontier Ceram / Apr 10

Frontier Ceramics Limited(FRCL)

24.59

▲ 2.24 (10.02%)

Tandlianwala Sugar / Apr 10

Tandlianwala Sugar Mills Limited(TSML)

73.99

▲ 6.73 (10.01%)

Sanghar Sugar / Apr 10

Sanghar Sugar Mills Limited(SANSM)

53.19

▲ 4.84 (10.01%)

Sui South Gas / Apr 10

Sui Southern Gas Company Limited(SSGC)

39.13

▲ 3.56 (10.01%)

Air Link Com. / Apr 10

Air Link Communication Limited(AIRLINK)

173.15

▲ 15.74 (10%)

Stock Price

JS Mom. Factor ETF / Apr 10

JS Momentum Factor ETF(JSMFETF)

11.69

▼ -1.58 (-11.91%)

Premier Sugar / Apr 10

The Premier Sugar Mills(PMRS)

324

▼ -36 (-10%)

Fateh Ind. / Apr 10

Fateh Industries Limited(FIL)

121.01

▼ -11.82 (-8.9%)

Pak. P.V.C. / Apr 10

Pakistan PVC Limited(PPVC)

8.26

▼ -0.74 (-8.22%)

Sardar Chemical / Apr 10

Sardar Chemical Industries Limited(SARC)

32.25

▼ -2.41 (-6.95%)

Tri-Star Power / Apr 10

Tri-Star Power Limited(TSPL)

6.62

▼ -0.42 (-5.97%)

Elahi Cot. / Apr 10

Elahi Cotton Mills Limited(ELCM)

128.80

▼ -7.6 (-5.57%)

Gulshan Sp. / Apr 10

Gulshan Spinning Mills Limited(GSPM)

3.11

▼ -0.18 (-5.47%)

Pak Gen.Ins. / Apr 10

The Pakistan General Insurance Co. Ltd.(PKGI)

9

▼ -0.48 (-5.06%)

United Brands / Apr 10

United Brands Limited(UBDL)

22.09

▼ -1.14 (-4.91%)

Stock Volume

Cnergyico PK / Apr 10

Cnergyico PK Limited(CNERGY)

86,201,675

▲ 0.18

K-Electric Ltd. / Apr 10

K-Electric Limited(KEL)

57,719,498

▲ 0.34

Sui South Gas / Apr 10

Sui Southern Gas Company Limited(SSGC)

44,728,211

▲ 3.56

Pak Int.Bulk / Apr 10

Pakistan International Bulk Terminal(PIBTL)

37,513,715

▲ 0.76

Maple Leaf Cement / Apr 10

Maple Leaf Cement Factory Limited(MLCF)

20,991,880

▲ 0.92

PIA Holding Co.Ltd / Apr 10

PIA Holding Company Limited(PIAHCLA)

20,463,930

▼ -0.11

Pak Elektron / Apr 10

Pak Elektron Limited(PAEL)

20,122,690

▲ 4.08

Fauji Cement / Apr 10

Fauji Cement Company Limited(FCCL)

19,229,506

▲ 0.12

At-Tahur Ltd. / Apr 10

At-Tahur Limited(PREMA)

19,056,551

▲ 3.8

WorldCall Telecom / Apr 10

Worldcall Telecom Limited(WTL)

16,620,477

▲ 0.03

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US tariffs put growth at risk

Currency	Rate
USD PKR Interbank Selling / Apr 10	280.65
USD PKR Interbank Buying / Apr 10	280.45
USD to Japanese Yen / Apr 10	143.21
USD to Swiss Franc / Apr 10	0.82
Pound Sterling to USD / Apr 10	1.30
Euro to USD / Apr 10	1.14
UK LIBOR % / Apr 10	4.96

Stock	Volume
S&P 500 / Apr 10	5,268.05
India Sensex / Apr 10	74,762.84
Tokyo Nikkei / Apr 10	33,210.17
Nasdaq / Apr 10	16,387.31
Hang Seng / Apr 10	20,628.55
FTSE 100 / Apr 10	7,913.25
Dow Jones / Apr 10	39,593.66
Germany DAX 30 / Apr 10	20,562.73
France CAC40 / Apr 10	7,126.02

Item	Value
Crude Oil USD/Barrel / Apr 10	59.80
Karachi Cotton PKR/37.32 KG / Apr 10	16,785
Gold 10 Grams PKR / Apr 10	281,893
Gold Spot USD/Ounce / Apr 10	3,217.96
Cotton US¢/pound / Apr 10	67.17
Petrol/Litre / Apr 11	254.63
Diesel/Litre / Apr 11	258.64

Stock	Price
Tri-Star Mutual / Apr 10 Tri-Star Mutual Fund Limited(TSMF)	8.10 ▲ 1 (14.08%)
Burj Clean Energy Modaraba / Apr 10 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9 ▲ 1 (12.5%)
Pak Agro Pack. (GEM) / Apr 10 Pak Agro Packaging Limited (GEM)(GEMPAPL)	7.85 ▲ 0.79 (11.19%)
Nazir Cotton Mills / Apr 10 Nazir Cotton Mills Limited(NCML)	11.84 ▲ 1.08 (10.04%)
Pak Gulf Leasing / Apr 10 Pak-Gulf Leasing Company Limited(PGLC)	17.79 ▲ 1.62 (10.02%)
Frontier Ceram / Apr 10 Frontier Ceramics Limited(FRCL)	24.59 ▲ 2.24 (10.02%)
Tandlianwala Sugar / Apr 10 Tandlianwala Sugar Mills Limited(TSML)	73.99 ▲ 6.73 (10.01%)
Sanghar Sugar / Apr 10 Sanghar Sugar Mills Limited(SANSM)	53.19 ▲ 4.84 (10.01%)
Sui South Gas / Apr 10 Sui Southern Gas Company Limited(SSGC)	39.13 ▲ 3.56 (10.01%)
Air Link Com. / Apr 10 Air Link Communication Limited(AIRLINK)	173.15 ▲ 15.74 (10%)

Stock	Price
JS Mom. Factor ETF / Apr 10 JS Momentum Factor ETF(JSMFETF)	11.69 ▼ -1.58 (-11.91%)
Premier Sugar / Apr 10 The Premier Sugar Mills(PMRS)	324 ▼ -36 (-10%)
Fateh Ind. / Apr 10 Fateh Industries Limited(FIL)	121.01 ▼ -11.82 (-8.9%)
Pak. P.V.C. / Apr 10 Pakistan PVC Limited(PPVC)	8.26 ▼ -0.74 (-8.22%)
Sardar Chemical / Apr 10 Sardar Chemical Industries Limited(SARC)	32.25 ▼ -2.41 (-6.95%)
Tri-Star Power / Apr 10 Tri-Star Power Limited(TSPL)	6.62 ▼ -0.42 (-5.97%)
Elahi Cot. / Apr 10 Elahi Cotton Mills Limited(ELCM)	128.80 ▼ -7.6 (-5.57%)
Gulshan Sp. / Apr 10 Gulshan Spinning Mills Limited(GSPM)	3.11 ▼ -0.18 (-5.47%)
Pak Gen.Ins. / Apr 10 The Pakistan General Insurance Co. Ltd.(PKGI)	9 ▼ -0.48 (-5.06%)
United Brands / Apr 10 United Brands Limited(UBDL)	22.09 ▼ -1.14 (-4.91%)

Stock	Volume
Cnergyico PK / Apr 10 Cnergyico PK Limited(CNERGY)	86,201,675 ▲ 0.18
K-Electric Ltd. / Apr 10 K-Electric Limited(KEL)	57,719,498 ▲ 0.34
Sui South Gas / Apr 10 Sui Southern Gas Company Limited(SSGC)	44,728,211 ▲ 3.56
Pak Int.Bulk / Apr 10 Pakistan International Bulk Terminal(PIBTL)	37,513,715 ▲ 0.76
Maple Leaf Cement / Apr 10 Maple Leaf Cement Factory Limited(MLCF)	20,991,880 ▲ 0.92
PIA Holding Co.Ltd / Apr 10 PIA Holding Company Limited(PIAHCLA)	20,463,930 ▼ -0.11
Pak Elektron / Apr 10 Pak Elektron Limited(PAEL)	20,122,690 ▲ 4.08
Fauji Cement / Apr 10 Fauji Cement Company Limited(FCCL)	19,229,506 ▲ 0.12
At-Tahur Ltd. / Apr 10 At-Tahur Limited(PREMA)	19,056,551 ▲ 3.8
WorldCall Telecom / Apr 10 Worldcall Telecom Limited(WTL)	16,620,477 ▲ 0.03