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Print - 2009-09-29
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Monday (September 28, 2009).

Published 29 Sep, 2009 12:00am
Transfers and postings

Transfers and postings

The Punjab government has on Monday issued a notification for transfer and posting of government official. Shahera Shahid, Deputy Managing Director, Punjab Health Foundation, has been relieved of her duties to join her parent department (Ministry of Infor
Published 29 Sep, 2009 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 29 Sep, 2009 12:00am
Police given a week's time to recover child

Police given a week's time to recover child

The Chief Justice Lahore High Court (LHC) while hearing a suo motu case against abduction of a new born baby from Services Hospital, Lahore, here on Monday gave another week to police for the recovery of the child.
Published 29 Sep, 2009 12:00am
Piaf rejects proposed hike in power tariff

Piaf rejects proposed hike in power tariff

Pakistan Industrial and Traders Associations Front (Piaf) on Monday rejected proposed six percent hike in electricity tariff saying that the traders and industrialists would be left with no option but to close down their units if the raise was implemented
Published 29 Sep, 2009 12:00am
PHA stopped to make modification in Race Course Park layout

PHA stopped to make modification in Race Course Park layout

The Lahore High Court (LHC) here on Monday restrained Parks and Horticulture Authority (PHA) from making any modification in the construction and layout of Race Course Park besides issuing contempt of court notice to Director General PHA for not abiding b
Published 29 Sep, 2009 12:00am
CCP observation: JJVL and LPGAP have formed vertical cartel

CCP observation: JJVL and LPGAP have formed vertical cartel

The Competition Commission of Pakistan (CCP) has observed in its initial inquiry report that Jamshoro Joint Venture Limited (JJVL) and the LPG Association of Pakistan (LPGAP) have formed a vertical cartel with the aim of fixing LPG prices.
Published 29 Sep, 2009 12:00am
PML-N accused of trying to get by-polls postponed

PML-N accused of trying to get by-polls postponed

Pakistan Muslim League-Q and Awami Muslim League (AML) on Monday blamed Pakistan Muslim League (Nawaz) for making efforts to put off the bye-elections in the province. Leaders of both the PML-Q and AML vowed to foil such a plan, being unconstitutional and
Published 29 Sep, 2009 12:00am
PML-N opposes proposed hike in power tariff

PML-N opposes proposed hike in power tariff

Central leader of Pakistan Muslim League-Nawaz and Senior Political Assistant to Chief Minister Punjab, Muhammad Pervez Malik, on Monday strongly criticised the government for its plan to further increase the electricity tariff.
Published 29 Sep, 2009 12:00am
US drone attacks on Quetta will be declaration of war: Jamaat-i-Islami

US drone attacks on Quetta will be declaration of war: Jamaat-i-Islami

Jamaat-i-Islami Chief, Syed Munawar Hassan has said that US drone attacks on Quetta would be a declaration of war against Pakistan and a direct attack on its sovereignty. In a statement on Monday, while referring to the reports appearing in British Daily,
Published 29 Sep, 2009 12:00am
Gulf sovereign funds lost $350 billion in global crisis: UN

Gulf sovereign funds lost $350 billion in global crisis: UN

Sovereign wealth funds (SWFs) of four oil-exporting Gulf states lost around 350 billion dollars last year due to the global financial crisis, according to a UN report. However, the funds - those of Saudi Arabia, Kuwait, Qatar and Abu Dhabi - almost mainta
Published 29 Sep, 2009 12:00am
Zawahri calls Obama a 'fraud'

Zawahri calls Obama a 'fraud'

Al Qaida's deputy leader on Monday seized upon President Barack Obama's failure to bring about a freeze in Israeli settlement construction in the West Bank and called him a ``fraud' in a new audio message. Ayman al-Zawahri's 28-minute audio message was ma
Published 29 Sep, 2009 12:00am
Civilians flee Taliban stronghold

Civilians flee Taliban stronghold

Army and militants traded rocket and mortar fire Monday as hundreds of civilians fled the Taliban and al Qaeda's main stronghold in the north-west. Pakistan jets have bombed targets in Waziristan in recent months, but the military has said it would launch
Published 29 Sep, 2009 12:00am
Nawaz likely to announce composition of COC today

Nawaz likely to announce composition of COC today

PML-N Chief Nawaz Sharif is expected to announce the names of the members of the Central Organising Committee (Steering Committee) of the party in Dubai today (Tuesday) with the objective to reorganise the party and hold its internal elections by March 23
Published 29 Sep, 2009 12:00am
'Pakistan should not accept financial assistance under Kerry-Lugar bill'

'Pakistan should not accept financial assistance under Kerry-Lugar bill'

More than 170 million Pakistanis will not allow United States and its allies to make Pakistan a battlefield and they had rejected the Kerry Lugar bill which is against our integrity, sovereignty and independence nor we allow to establish a mini pentagon i
Published 29 Sep, 2009 12:00am
LSE loses 114.92 points

LSE loses 114.92 points

Bearish trend kept the Lahore stocks under pressure on Monday and the equities registered losses amid reduced trading turnover in the absence of buying support while profit taking in oil and banking shares also forced the investors to remain on the sideli
Published 29 Sep, 2009 12:00am
LSE loses 114.92 points

LSE loses 114.92 points

Bearish trend kept the Lahore stocks under pressure on Monday and the equities registered losses amid reduced trading turnover in the absence of buying support while profit taking in oil and banking shares also forced the investors to remain on the sideli
Published 29 Sep, 2009 12:00am
Bears in control at ISE

Bears in control at ISE

Bears strengthened their positions at the Islamabad Stock Exchange (ISE) on Monday where equities witnessed across the board losses amid decrease in index. ISE-10 Index was down by 60.85 points from 2,323.89 points to 2,263.04 points. The volume of trade
Published 29 Sep, 2009 12:00am
Bears in control at ISE

Bears in control at ISE

Bears strengthened their positions at the Islamabad Stock Exchange (ISE) on Monday where equities witnessed across the board losses amid decrease in index. ISE-10 Index was down by 60.85 points from 2,323.89 points to 2,263.04 points. The volume of trade
Published 29 Sep, 2009 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Monday (September 28, 2009).

Published 29 Sep, 2009 12:00am
SK Telecom sells back China Unicom stake for $1.3 billion

SK Telecom sells back China Unicom stake for $1.3 billion

South Korea's top mobile firm SK Telecom sold back its stake in China Unicom for $1.3 billion, underscoring its lack of success in a market it had once pinned high hopes on. This followed a recent move by China's second-largest mobile operator and Spain's
Published 29 Sep, 2009 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Monday (September 28, 2009).

Published 29 Sep, 2009 12:00am
ENOC hires former BP trader to lead crude trading

ENOC hires former BP trader to lead crude trading

Emirates National Oil Co (ENOC) has hired a former BP trader to cover crude in Singapore, industry sources said on Monday, as the state firm joins others in expanding in a sector that is emerging from the downturn. Adrian Querzoli, who is from Adelaide, A
Published 29 Sep, 2009 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Monday (September 28, 2009).

Published 29 Sep, 2009 12:00am
Defiant Iran test-fires long-range missiles

Defiant Iran test-fires long-range missiles

Iran on Monday test-fired long-range missiles it says could hit targets inside Israel, as the defiant Revolutionary Guards staged war games amid tension with the West over Tehran's atomic drive. Guards' air force commander Hossein Salami said his men test
Published 29 Sep, 2009 12:00am
40 percent increase in power tariff likely this year

40 percent increase in power tariff likely this year

Power tariffs are likely to be raised by around 40 percent in the current fiscal year if the government is to meet the commitment it made to the International Monetary Fund (IMF), the largest investor in Pakistan''s economy today, sources exclusively told
Published 29 Sep, 2009 12:00am
40 percent increase in power tariff likely this year

40 percent increase in power tariff likely this year

Power tariffs are likely to be raised by around 40 percent in the current fiscal year if the government is to meet the commitment it made to the International Monetary Fund (IMF), the largest investor in Pakistan's economy today, sources exclusively told
Published 29 Sep, 2009 12:00am
40 percent increase in power tariff likely this year

40 percent increase in power tariff likely this year

Power tariffs are likely to be raised by around 40 percent in the current fiscal year if the government is to meet the commitment it made to the International Monetary Fund (IMF), the largest investor in Pakistan's economy today, sources exclusively told
Published 29 Sep, 2009 12:00am
Rs 145 billion target set for October-December treasury-bills sale

Rs 145 billion target set for October-December treasury-bills sale

The State Bank of Pakistan on Monday set a target of Rs 145 billion for the sale of Government of Pakistan Market Treasury Bills for 3-month, 6-month & 12-month for the second quarter of fiscal year 2010 (from October to December 2009). Auction Target cal
Published 29 Sep, 2009 12:00am
Rs 145 billion target set for October-December treasury-bills sale

Rs 145 billion target set for October-December treasury-bills sale

The State Bank of Pakistan on Monday set a target of Rs 145 billion for the sale of Government of Pakistan Market Treasury Bills for 3-month, 6-month & 12-month for the second quarter of fiscal year 2010 (from October to December 2009). Auction Target cal
Published 29 Sep, 2009 12:00am
Rs 145 billion target set for October-December treasury-bills sale

Rs 145 billion target set for October-December treasury-bills sale

The State Bank of Pakistan on Monday set a target of Rs 145 billion for the sale of Government of Pakistan Market Treasury Bills for 3-month, 6-month & 12-month for the second quarter of fiscal year 2010 (from October to December 2009). Auction Target cal
Published 29 Sep, 2009 12:00am
Rs 145 billion target set for October-December treasury-bills sale

Rs 145 billion target set for October-December treasury-bills sale

The State Bank of Pakistan on Monday set a target of Rs 145 billion for the sale of Government of Pakistan Market Treasury Bills for 3-month, 6-month & 12-month for the second quarter of fiscal year 2010 (from October to December 2009). Auction Target cal
Published 29 Sep, 2009 12:00am
BRIndex30 down 261.81 points

BRIndex30 down 261.81 points

On Monday, the BRIndex30 opened at 8,494.71 points. It closed at 8,232.55 with a net negative change of -261.81 points and percentage change of -3.08. It experienced intra-day high of 8,502.08 points and low of 8,184.99. The volume of BRIndex30 was 240,77
Published 29 Sep, 2009 12:00am
SBP likely to keep rate unchanged

SBP likely to keep rate unchanged

The State Bank of Pakistan (SBP) is likely to retain its key policy rate at 13 percent to curb rising inflation and government budgetary borrowing, economists said. The SBP is scheduled to announce its Monetary Policy Statement (MPS) for September and Oct
Published 29 Sep, 2009 12:00am
SBP likely to keep rate unchanged

SBP likely to keep rate unchanged

The State Bank of Pakistan (SBP) is likely to retain its key policy rate at 13 percent to curb rising inflation and government budgetary borrowing, economists said. The SBP is scheduled to announce its Monetary Policy Statement (MPS) for September and Oct
Published 29 Sep, 2009 12:00am
SBP likely to keep rate unchanged

SBP likely to keep rate unchanged

The State Bank of Pakistan (SBP) is likely to retain its key policy rate at 13 percent to curb rising inflation and government budgetary borrowing, economists said. The SBP is scheduled to announce its Monetary Policy Statement (MPS) for September and Oct
Published 29 Sep, 2009 12:00am
BRIndex30 down 261.81 points

BRIndex30 down 261.81 points

On Monday, the BRIndex30 opened at 8,494.71 points. It closed at 8,232.55 with a net negative change of -261.81 points and percentage change of -3.08. It experienced intra-day high of 8,502.08 points and low of 8,184.99. The volume of BRIndex30 was 240,77
Published 29 Sep, 2009 12:00am
Index loses 254.67 points

Index loses 254.67 points

Heavy selling pressure was witnessed at Karachi share market on Monday and KSE-100 index lost 254.67 points to close at 9,409.58 points. The investors remained cautious and opted for profit taking just before a day of expected announcement of monetary pol
Published 29 Sep, 2009 12:00am
Index loses 254.67 points

Index loses 254.67 points

Heavy selling pressure was witnessed at Karachi share market on Monday and KSE-100 index lost 254.67 points to close at 9,409.58 points. The investors remained cautious and opted for profit taking just before a day of expected announcement of monetary pol
Published 29 Sep, 2009 12:00am
Index loses 254.67 points

Index loses 254.67 points

Heavy selling pressure was witnessed at Karachi share market on Monday and KSE-100 index lost 254.67 points to close at 9,409.58 points. The investors remained cautious and opted for profit taking just before a day of expected announcement of monetary pol
Published 29 Sep, 2009 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (September 28, 2009).

Published 29 Sep, 2009 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (September 28, 2009).
Published 29 Sep, 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 Monday (September 28, 2009).

Published 29 Sep, 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 29 Sep, 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 29 Sep, 2009 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Monday (September 28, 2009).

Published 29 Sep, 2009 12:00am
Malaysian palm oil hits two-week lows

Malaysian palm oil hits two-week lows

Malaysian crude palm oil futures slid 4.8 percent on Monday, hitting a two week low, as traders booked profits after an industry analyst over the weekend painted a short-term bearish picture of the market. Palm oil, down 6 percent so far in the second hal
Published 29 Sep, 2009 12:00am
China's next strategic oil reserve tanks may be built by 2011

China's next strategic oil reserve tanks may be built by 2011

China hopes to complete its second phase strategic oil storage tanks in two years, a senior energy official said on Monday, a pace up to twice as quick as local media have reported. The readiness of some 170 million barrels of new tanks by late 2011 would
Published 29 Sep, 2009 12:00am