News Archives for Print - 2010-05-08

LME official plastics prices

The following were Thursday official prices.

Published 08 May, 2010 12:00am

Poultry Rates

Wholesale poultry rates on Friday (May 07, 2010) and for Saturday (May 08, 2010)

Published 08 May, 2010 12:00am

'Consistent partnership with US to help overcome challenges'

Asserting that both Pakistan and the United States need each other, Islamabad's envoy in Washington said the two countries can address current security challenges and unforeseen future problems only through a long-term consistent partnership.

Published 08 May, 2010 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (May 07, 2010).

Published 08 May, 2010 12:00am

Around 2.3 million tons of wheat procured so far

The Punjab food department has so far procured around 2.3 million tons of wheat during the on going 'wheat procurement drive 2010. According to the food department sources, it purchased 1, 09,692 metric tons of wheat on Friday and the total procurement re

Published 08 May, 2010 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (May 07, 2010).

Published 08 May, 2010 12:00am

New York bomb attempt suspect: Pakistan to cooperate with US, says Qureshi

Reiterating Pakistan's resolve and commitment to root out terrorism, Foreign Minister Shah Mehmood Qureshi has said that the government will co-operate with the US administration on the issue of Faisal Shahzad, the Times Square bomb attempt suspect.

Published 08 May, 2010 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (May 07, 2010).

Published 08 May, 2010 12:00am

Strategy being devised to deal with owners of housing schemes fleecing people

Punjab Minister for Revenue Haji Muhammad Ishaq has said the Punjab government is devising a strategy in order to take action against owners of housing schemes who are depriving people from their hard earned money. He was talking to the allottees of diffe

Published 08 May, 2010 12:00am

LME official prices

The following were Thursday official prices.

Published 08 May, 2010 12:00am

Transfers and postings in Punjab

The Punjab government has on Friday carried out transfer and posting of senior officials. According to a notification, Muhammad Aslam, Additional Secretary Local Government and Community Development Department, has been transferred and directed to report

Published 08 May, 2010 12:00am

LME official prices

The following were Thursday official prices.

Published 08 May, 2010 12:00am

Generation of 125 megawatts electricity: signing of agreement between government, Lesco hailed

Chairman All Pakistan Textile Mills Association (Aptma) Punjab, Gohar Ejaz has appreciated the agreements signed between Lahore Electricity Supply Company (Lesco) and textile mills for the generation and supply of more than 125MWs of electricity to the di

Published 08 May, 2010 12:00am

US eyes Pakistan's assistance after Times Square plot

The United States is prepared to provide more assistance to Pakistan, if it wants it, in the wake of last week's attempted car bombing in New York, Defence Secretary Robert Gates said on Friday. But Gates appeared to play down the chances of an expanded c

Published 08 May, 2010 12:00am

Pakistani professor conferred with French prestige medal

Ambassador of France to Pakistan, Daniel Jouanneau conferred the French medal of "Palmes acadmiques" upon Dr Saman Asif, Professor of French at the Aitchison College, Lahore. The "Palmes acadmiques" is a prestigious French decoration stemming from an hono

Published 08 May, 2010 12:00am

LME official plastics prices

The following were Thursday official prices.

Published 08 May, 2010 12:00am

Officials directed to retrieve public land from mafia

Commissioner, Tahir Hussain has directed the DCOs and revenue officials to evolve a mechanism to retrieve public land from the illegal possession of land mafia and launched a campaign against them. He said that instructions given by Punjab govt should be

Published 08 May, 2010 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 day's closes in brackets).

Published 08 May, 2010 12:00am

Krishna to speak with Qureshi after parliamentary session

Indian Minister for External Affairs S.M. Krishna has announced that he would speak to his counterpart Shah Mehmood Qureshi soon after the end of the Parliament's session. Krishna is expected to discuss the possibility of a meeting with Qureshi as well as

Published 08 May, 2010 12:00am

The Weather

The weather report on Friday (May 07, 2010) and the forecast for Saturday (May 08, 2010).

Published 08 May, 2010 12:00am

HCs dispose of 11,508 terrorism cases in two years

The four High Courts of the country disposed of as many as 11,508 cases of terrorism, kidnapping and murder during the last two years while 15,077 cases were pending with the courts.

Published 08 May, 2010 12:00am

Recovery of journalist's missing son: Supreme Court gives one-week time to Islamabad police

The Supreme Court on Friday gave one week time to capital police for recovering the missing son of senior journalist, Shakeel Turabi. A three-member bench of the apex court headed by Chief Justice Iftikhar Muhammad Chaudhry and comprising Justices Ghulam

Published 08 May, 2010 12:00am

Supreme Court shocked at decision to build club at Fatima Jinnah Park

The Supreme Court on Friday expressed shock at Capital Development Authority's (CDA) decision to build a Citizens' Club at Fatima Jinnah Park (F-9 Sector) at a cost of Rs 1.2 billion, without seeking approval from the competent authority.

Published 08 May, 2010 12:00am

NAB did not take any action on Transparency International reports about corruption: Adil Gilani

Transparency International Pakistan reported financial irregularities of Rs 323 billion by different ministries and departments to National Accountability Bureau (NAB), which were also reported by Auditor General of Pakistani (AGP) in its audit report for

Published 08 May, 2010 12:00am

Court allows demolition of Bailley Bridge

The Apex court of Gilgit-Baltistan has permitted the demolishing of Bailley bridge at Danyore point to save it from any flash floods expected in the last week of May or first week of June, thus acknowledging the decision of the government.

Published 08 May, 2010 12:00am

Millions of rupees tax evasion exposed

Pakistan Customs has blown the lid off a tax evasion fraud involving millions of rupees in import of luxury vehicles. Sources told Business Recorder on Friday that credible information was received by customs authority regarding clearance of some 2

Published 08 May, 2010 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Friday (May 07, 2010).

Published 08 May, 2010 12:00am

LHC restrains Lesco from six percent hike in power tariff

The Lahore High Court (LHC) here on Friday restrained Lahore Electric Supply Company (Lesco) from implementing six per cent increase in its tariff. While proceeding with a petition of President Lahore Chamber of Commerce and Industry (LCCI) Zafar Iqbal Ch

Published 08 May, 2010 12:00am

Bank: SONERI BANK LIMITED - Analysis of Financial Statements Financial Year 2005- Financial Year 2009

Soneri Bank Limited was incorporated on September 28, 1991. Its first branch opened doors for operations in Lahore on April 16, 1992 followed by Karachi branch on May 09, 1992.

Published 08 May, 2010 12:00am

LHC restrains Lesco from six percent hike in power tariff

The Lahore High Court (LHC) here on Friday restrained Lahore Electric Supply Company (Lesco) from implementing six per cent increase in its tariff. While proceeding with a petition of President Lahore Chamber of Commerce and Industry (LCCI) Zafar Iqbal Ch

Published 08 May, 2010 12:00am

Bank: SONERI BANK LIMITED - Analysis of Financial Statements Financial Year 2005- Financial Year 2009

Soneri Bank Limited was incorporated on September 28, 1991. Its first branch opened doors for operations in Lahore on April 16, 1992 followed by Karachi branch on May 09, 1992.

Published 08 May, 2010 12:00am

Seven killed in IoK gunbattle

Two Indian occupational army soldiers and five Kashmiris were killed on Friday during a fierce gunbattle triggered by a raid in occupied, the military said. "The gunbattle erupted late last (Thursday) evening and continued throughout the night," army spok

Published 08 May, 2010 12:00am

THE RUPEE: dollar sharply up

The rupee fell against dollar on the local currency market on Friday in process of strong buying of the greenback, analysts said. On the interbank market the rupee lost 11 paisa in terms of dollar for buying at 84.25 and shed 12 paisa for selling at 84.30

Published 08 May, 2010 12:00am

Seven killed in IoK gunbattle

Two Indian occupational army soldiers and five Kashmiris were killed on Friday during a fierce gunbattle triggered by a raid in occupied, the military said. "The gunbattle erupted late last (Thursday) evening and continued throughout the night," army spok

Published 08 May, 2010 12:00am

THE RUPEE: dollar sharply up

The rupee fell against dollar on the local currency market on Friday in process of strong buying of the greenback, analysts said. On the interbank market the rupee lost 11 paisa in terms of dollar for buying at 84.25 and shed 12 paisa for selling at 84.30

Published 08 May, 2010 12:00am

Millions of rupees tax evasion exposed

Pakistan Customs has blown the lid off a tax evasion fraud involving millions of rupees in import of luxury vehicles. Sources told Business Recorder on Friday that credible information was received by customs authority regarding clearance of some 2

Published 08 May, 2010 12:00am

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Friday (May 07, 2010).

Published 08 May, 2010 12:00am

LHC restrains Lesco from six percent hike in power tariff

The Lahore High Court (LHC) here on Friday restrained Lahore Electric Supply Company (Lesco) from implementing six per cent increase in its tariff. While proceeding with a petition of President Lahore Chamber of Commerce and Industry (LCCI) Zafar Iqbal Ch

Published 08 May, 2010 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Friday (May 07, 2010).

Published 08 May, 2010 12:00am

Millions of rupees tax evasion exposed

Pakistan Customs has blown the lid off a tax evasion fraud involving millions of rupees in import of luxury vehicles. Sources told Business Recorder on Friday that credible information was received by customs authority regarding clearance of some 2

Published 08 May, 2010 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (May 07, 2010).

Published 08 May, 2010 12:00am

Uighur leader killed in Pakistan: Malik

Pakistan and China have "broken the back" of the East Turkestan Islamic Movement (ETIM), which China accuses of orchestrating attacks in its restive Xinjiang region, Interior Minister Rehman Malik said in Beijing on Friday. An alleged leader of the group,

Published 08 May, 2010 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (May 07, 2010).

Published 08 May, 2010 12:00am

Uighur leader killed in Pakistan: Malik

Pakistan and China have "broken the back" of the East Turkestan Islamic Movement (ETIM), which China accuses of orchestrating attacks in its restive Xinjiang region, Interior Minister Rehman Malik said in Beijing on Friday. An alleged leader of the group,

Published 08 May, 2010 12:00am

National Commodity Exchange Trading Summary

National Commodity Exchange Limited Trading Summary on Friday (May 07, 2010).

Published 08 May, 2010 12:00am

China confirms $180 million aid for LEAs capacity building

Minister for Interior Rehman Malik on Friday held a meeting with his Chinese counterpart Meng Chiang in Chinese capital, said a message form Beijing. The meeting was held in a very cordial and friendly atmosphere in which matters of mutual interest came u

Published 08 May, 2010 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Friday (May 07, 2010).

Published 08 May, 2010 12:00am

China confirms $180 million aid for LEAs capacity building

Minister for Interior Rehman Malik on Friday held a meeting with his Chinese counterpart Meng Chiang in Chinese capital, said a message form Beijing. The meeting was held in a very cordial and friendly atmosphere in which matters of mutual interest came u

Published 08 May, 2010 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (May 07, 2010).

Published 08 May, 2010 12:00am

US treasuries bid prices

US treasuries bid prices on Friday (May 07, 2010).

Published 08 May, 2010 12:00am

Message from Ambassador Extraordinary and Plenipotentiary of the Russian Federation to Pakistan

On the Ninth of May we celebrate the 65th anniversary of our people's Victory in the Great Patriotic War. This is indeed a sacred holiday not only in Russia but also in brotherly republics of the former USSR. The USSR bore the main burden of fighting agai

Published 08 May, 2010 12:00am

Message from Consul General of the Russian Federation in Karachi

The Great Patriotic War of the People of the Soviet Union which was the decisive and the most important part of the Second World War we consider as a just, liberation war for freedom and independence of our Motherland against Nazi Germany and its allies (

Published 08 May, 2010 12:00am

Message from Chairman Pakistan-Russia Business Council of FPCCI

The 9-th of May is the day of victory in the Second World War, which was the Great Patriotic war for Russians (1941-1945 years). It is the day of military honour of Russian armed forces. This day all Russians remember people who fought for the victory and

Published 08 May, 2010 12:00am

Message from Vice Chairman Pakistan-Russia Business Council of FPCCI

Russia remembers on 9 May the start of the 1941-1945 Great Patriotic War, the term used in Russia and other ex-Soviet states to describe WWII. Nazi Germany and its allies attacked the country's west, delivering massive air strikes on key air, railroad and

Published 08 May, 2010 12:00am

65th anniversary of the Great Victory

The forthcoming anniversary of the Victory in the Great Patriotic War and of the end of World War II is a major sociopolitical event, whose significance for all countries in the world is hard to overestimate. For us, as President Dmitry Medvedev has repea

Published 08 May, 2010 12:00am

Our common victory and its lessons

In Russia's calendar of memorable dates the Ninth of May occupies a special place. Just one mention of the Victory Day causes the heart of each Russian to be wrung. It's unlikely that even now - 65 years after - there can be found in the country a family

Published 08 May, 2010 12:00am

Centre-Sindh row over VAT stays unresolved

The controversy over imposition of Value Added Tax between Centre and Sindh government could not be resolved despite strong efforts as the former remained firm on its resolve to collect VAT, sources told Business Recorder on Friday. Sources said a

Published 08 May, 2010 12:00am

The cost of Victory Day for Soviet Russia

Most of the world marks the end of the Second World War on the 8th of May. But for Soviet Russia it ended the day after. In modern Russia, May 9th is still celebrated as a major national holiday. For the Soviet Union, the horror of war started with the Ge

Published 08 May, 2010 12:00am

Centre-Sindh row over VAT stays unresolved

The controversy over imposition of Value Added Tax between Centre and Sindh government could not be resolved despite strong efforts as the former remained firm on its resolve to collect VAT, sources told Business Recorder on Friday. Sources said a

Published 08 May, 2010 12:00am

Times Square Incident

The arrest of US naturalised citizen of Pakistani origin Faisal Shahzad has again put a spotlight on North Waziristan as a global terrorist training hub. In court documents US authorities have claimed Shahzad had confessed to receiving training in the are

Published 08 May, 2010 12:00am

Centre-Sindh row over VAT stays unresolved

The controversy over imposition of Value Added Tax between Centre and Sindh government could not be resolved despite strong efforts as the former remained firm on its resolve to collect VAT, sources told Business Recorder on Friday. Sources said a

Published 08 May, 2010 12:00am

Chitral's untapped tourism potential

Pakistan today is a very small player in global tourism. Despite that the country has considerable tourist potential, its share in global tourism earning is negligible. Pakistan's share in the over $900 billion tourism industry of the world is merely 230

Published 08 May, 2010 12:00am

All stakeholders to be taken on board: Gilani

Prime Minister Syed Yousuf Raza Gilani on Friday said the NFC Award would be implemented as per the agreement and a decision on the levy of Value Added Tax (VAT) will be taken after taking all stakeholders on board. Talking to media after Brand of the Yea

Published 08 May, 2010 12:00am

KARACHI CHRONICLE: Destruction by fire

On Wednesday week (April 28) a very popular chemist cum general store in Defence Market was completely gutted by a devastating fire. No life was lost, but everything in the shop went up in flames. Only the Holy Quran, five copies of which were under the c

Published 08 May, 2010 12:00am

All stakeholders to be taken on board: Gilani

Prime Minister Syed Yousuf Raza Gilani on Friday said the NFC Award would be implemented as per the agreement and a decision on the levy of Value Added Tax (VAT) will be taken after taking all stakeholders on board. Talking to media after Brand of the Yea

Published 08 May, 2010 12:00am

LITERARY NOTES: An interesting autobiography

When a senior bureaucrat, embellished with literary flavour in his prose, invites us to share his experiences in his autobiography "Jeevan Dhara", which is more noteworthy than anything else is how he finds the high-ups he works with in his day to day wor

Published 08 May, 2010 12:00am

All stakeholders to be taken on board: Gilani

Prime Minister Syed Yousuf Raza Gilani on Friday said the NFC Award would be implemented as per the agreement and a decision on the levy of Value Added Tax (VAT) will be taken after taking all stakeholders on board. Talking to media after Brand of the Yea

Published 08 May, 2010 12:00am

ART FACTS: Contemporary miniature concerns

'Making of the history and Green patrol' was the title of the recent two person show, at Canvas Gallery. It was an strange composition of art and artists as both the artists Mehreen Zuberi and Imran Channa works differ from each other in each and every ma

Published 08 May, 2010 12:00am

VAT to be recovered from defaulter's close relatives

The Federal Board of Revenue (FBR) would be empowered to recover value-added tax (VAT) only from close relatives of defaulters, including father/brother and others in case they are also engaged in the same taxable business activity under the VAT.

Published 08 May, 2010 12:00am

Mental illness: Curable yet neglected

I am not crying because of my mother's death, but I'm crying for the way my mother was treated in the house and by the society. My mother started behaving very odd suddenly. She started talking to herself and gradually became isolated from family and frie

Published 08 May, 2010 12:00am

VAT to be recovered from defaulter's close relatives

The Federal Board of Revenue (FBR) would be empowered to recover value-added tax (VAT) only from close relatives of defaulters, including father/brother and others in case they are also engaged in the same taxable business activity under the VAT.

Published 08 May, 2010 12:00am

Towards integration in literary, cultural arenas

A silent, slow but steady process is in progress in the domain of literature in Sindh. It is rather the revival of the pre-One Unit phenomenon, ie bringing the literature, writers and poets of Sindhi and Urdu languages closer for advancing towards ultimat

Published 08 May, 2010 12:00am

VAT to be recovered from defaulter''s close relatives

The Federal Board of Revenue (FBR) would be empowered to recover value-added tax (VAT) only from close relatives of defaulters, including father/brother and others in case they are also engaged in the same taxable business activity under the VAT.

Published 08 May, 2010 12:00am

BOOK REVIEW: An artist's vigorous creative journey

Part memoir, part nature writing and part art criticism, the book under review takes readers around the art life spreading over two decades of a sensitive artist of international repute, Chitra Pritam. The book narrates a story of the ability to motivate

Published 08 May, 2010 12:00am

Discussion on challenges from VAT introduction: World Bank team to visit from 13th to 28th

A special World Bank (WB) mission on value-added tax (VAT) will visit Pakistan from May 13 to 28, 2010 to obtain input from the Federal Board of Revenue (FBR) on challenges and risks involved in VAT introduction from July 1, 2010.

Published 08 May, 2010 12:00am

BOOK REVIEW: History of Management Accounting Profession

Institutional histories are important for their intrinsic academic worth; but their real value lies in the opportunity they afford to understand and appreciate the past in which is deeply rooted the present, which in turn decides the contours and colours

Published 08 May, 2010 12:00am

Discussion on challenges from VAT introduction: World Bank team to visit from 13th to 28th

A special World Bank (WB) mission on value-added tax (VAT) will visit Pakistan from May 13 to 28, 2010 to obtain input from the Federal Board of Revenue (FBR) on challenges and risks involved in VAT introduction from July 1, 2010.

Published 08 May, 2010 12:00am

The power cut

Apropos "KARACHI CHRONICLE" by Nargis Khanum, carried by Business Recorder in its Weekend section on 01 May 2010, the writer has termed the 1st National Summit conference on Energy held at Islamabad as economically stupid and politically discrimina

Published 08 May, 2010 12:00am

Discussion on challenges from VAT introduction: World Bank team to visit from 13th to 28th

A special World Bank (WB) mission on value-added tax (VAT) will visit Pakistan from May 13 to 28, 2010 to obtain input from the Federal Board of Revenue (FBR) on challenges and risks involved in VAT introduction from July 1, 2010.

Published 08 May, 2010 12:00am

LAHORE CULTURAL DIARY: Art extravaganza

The University of Engineering and Technology (UET) has organised an inter varsity art competition and display of art and artifacts on April 27 and 28 at its premises. It was indeed a wonderful occasion representing the mindset of our young enthusiasts and

Published 08 May, 2010 12:00am

Discussion on challenges from VAT introduction: World Bank team to visit from 13th to 28th

A special World Bank (WB) mission on value-added tax (VAT) will visit Pakistan from May 13 to 28, 2010 to obtain input from the Federal Board of Revenue (FBR) on challenges and risks involved in VAT introduction from July 1, 2010.

Published 08 May, 2010 12:00am

TV THOUGHTS: Rising psychological pressure on Pakistani-Americans

One cannot tell which way the Faisal Shahzad story will go, and whether the focus on him and his arrest will bring still more revelations by the time this column is read on Saturday. I write this late on Wednesday night, and various opinions, interpretati

Published 08 May, 2010 12:00am

RAC rejects three of FBR budget proposals

The Revenue Advisory Council (RAC) on Friday opposed three FBR budget proposals suggesting increase in tax rate on banking companies from 35 to 40 percent, imposing tax on electronic transfer of funds through banks and withdrawing exemption of capital val

Published 08 May, 2010 12:00am

BRIDGE NOTES: The pressure technique in bridge

Defending in bridge requires good Judgement, foresight and proper visualisation of the key cards and suit length in the hands of both the partner and the declarer. Similarly good playing technique also caters for proper key card placement and length of th

Published 08 May, 2010 12:00am

RAC rejects three of FBR budget proposals

The Revenue Advisory Council (RAC) on Friday opposed three FBR budget proposals suggesting increase in tax rate on banking companies from 35 to 40 percent, imposing tax on electronic transfer of funds through banks and withdrawing exemption of capital val

Published 08 May, 2010 12:00am

Aaj TV - Saturday's schedule

All timings are in PST (Pakistan Standard Time).

Published 08 May, 2010 12:00am

RAC rejects three of FBR budget proposals

The Revenue Advisory Council (RAC) on Friday opposed three FBR budget proposals suggesting increase in tax rate on banking companies from 35 to 40 percent, imposing tax on electronic transfer of funds through banks and withdrawing exemption of capital val

Published 08 May, 2010 12:00am

New York cotton

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

Published 08 May, 2010 12:00am

PDC on imported petrol: ECC puts off proposal

The Economic Co-ordination Committee (ECC) of the Cabinet has put on ice a proposal of the Petroleum Ministry regarding Price Differential Claim (PDC) on import of motor gasoline (Mogas), after the Finance Ministry opposed it, official sources told Bus

Published 08 May, 2010 12:00am

New York cotton

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

Published 08 May, 2010 12:00am

PDC on imported petrol: ECC puts off proposal

The Economic Co-ordination Committee (ECC) of the Cabinet has put on ice a proposal of the Petroleum Ministry regarding Price Differential Claim (PDC) on import of motor gasoline (Mogas), after the Finance Ministry opposed it, official sources told Bus
Published 08 May, 2010 12:00am

Karachi interbank rates

Karachi interbank rates on Friday (May 07, 2010).

Published 08 May, 2010 12:00am

PDC on imported petrol: ECC puts off proposal

The Economic Co-ordination Committee (ECC) of the Cabinet has put on ice a proposal of the Petroleum Ministry regarding Price Differential Claim (PDC) on import of motor gasoline (Mogas), after the Finance Ministry opposed it, official sources told Bus
Published 08 May, 2010 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 08 May, 2010 12:00am

Economy on right track: Gilani

Prime Minister Syed Yousuf Raza Gilani on Friday said the country's economy is on right track and an improvement on this front is clearly visible. Speaking at the "Brands of the Year Award 2009" ceremony organised by the Brands Award Council of Pakistan a
Published 08 May, 2010 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 08 May, 2010 12:00am

Economy on right track: Gilani

Prime Minister Syed Yousuf Raza Gilani on Friday said the country's economy is on right track and an improvement on this front is clearly visible. Speaking at the "Brands of the Year Award 2009" ceremony organised by the Brands Award Council of Pakistan a
Published 08 May, 2010 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (May 07, 2010).

Published 08 May, 2010 12:00am

Economy on right track: Gilani

Prime Minister Syed Yousuf Raza Gilani on Friday said the country''s economy is on right track and an improvement on this front is clearly visible. Speaking at the "Brands of the Year Award 2009" ceremony organised by the Brands Award Council of Pakistan
Published 08 May, 2010 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 (May 07, 2010).

Published 08 May, 2010 12:00am

Currency	Rate
USD PKR Interbank Selling / Apr 25	281.17
USD PKR Interbank Buying / Apr 25	280.97
USD to Japanese Yen / Apr 25	143.67
USD to Swiss Franc / Apr 25	0.83
Pound Sterling to USD / Apr 25	1.33
Euro to USD / Apr 25	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 25	5,525.21
India Sensex / Apr 25	79,212.53
Tokyo Nikkei / Apr 25	35,705.74
Nasdaq / Apr 25	17,382.94
Hang Seng / Apr 25	21,980.74
FTSE 100 / Apr 25	8,415.25
Dow Jones / Apr 25	40,113.50
Germany DAX 30 / Apr 25	22,242.45
France CAC40 / Apr 25	7,536.26

Item	Value
Crude Oil USD/Barrel / Apr 25	63.17
Karachi Cotton PKR/37.32 KG / Apr 25	16,985
Gold 10 Grams PKR / Apr 25	298,950
Gold Spot USD/Ounce / Apr 25	3,327.60
Cotton US¢/pound / Apr 25	68.80
Petrol/Litre / Apr 27	254.63
Diesel/Litre / Apr 27	258.64

Stock	Price
First Capital Equities / Apr 25 First Capital Equities Limited(FCEL)	4.92 ▲ 0.96 (24.24%)
PICIC Ins.Ltd. / Apr 25 PICIC Insurance Limited(PIL)	3.14 ▲ 0.5 (18.94%)
Dewan Mushtaq / Apr 25 Dewan Mushtaq Textile Mills Limited(DMTM)	7.99 ▲ 1 (14.31%)
Pak. P.V.C. / Apr 25 Pakistan PVC Limited(PPVC)	8.26 ▲ 1 (13.77%)
J.K.Spinning / Apr 25 J.K. Spinning Mills Limited(JKSM)	61.90 ▲ 5.63 (10.01%)
At-Tahur Ltd. / Apr 25 At-Tahur Limited(PREMA)	86.74 ▲ 7.89 (10.01%)
Shezan Inter. / Apr 25 Shezan International Limited(SHEZ)	203.03 ▲ 18.46 (10%)
Sunrays Textile / Apr 25 Sunrays Textile Mills Limited(SUTM)	156.38 ▲ 14.22 (10%)
PIA Holding Co.B / Apr 25 PIA Holding Company Limited B(PIAHCLB)	3,282.29 ▲ 298.39 (10%)
S.S.Oil / Apr 25 S.S.Oil Mills Limited(SSOM)	357.05 ▲ 32.46 (10%)

Stock	Price
Engro Powergen / Apr 25 Engro Powergen Qadirpur Limited(EPQL)	28.71 ▼ -10.13 (-26.08%)
Ghani Chemworld / Apr 25 Ghani Chemworld Limited(GCWL)	8 ▼ -1 (-11.11%)
Samba Bank / Apr 25 Samba Bank Limited(SBL)	8.01 ▼ -0.99 (-11%)
Arpak Int. / Apr 25 Arpak International Investments Ltd.(ARPAK)	56.66 ▼ -6.29 (-9.99%)
Blue-Ex Ltd / Apr 25 Blue-Ex Limited (GEM)(GEMBLUEX)	47.38 ▼ -5.26 (-9.99%)
Saif Power Ltd. / Apr 25 Saif Power Limited(SPWL)	12.31 ▼ -1.3 (-9.55%)
Shaheen Ins. / Apr 25 Shaheen Insurance Company Limited(SHNI)	5.25 ▼ -0.46 (-8.06%)
Equity Modaraba / Apr 25 First Equity Modaraba(FEM)	2.75 ▼ -0.24 (-8.03%)
GlaxoSmithKline / Apr 25 GlaxoSmithKline Pakistan Limited(GLAXO)	409.57 ▼ -34.89 (-7.85%)
AKD Hospitality / Apr 25 AKD Hospitality Limited(AKDHL)	136.65 ▼ -10.81 (-7.33%)

Stock	Volume
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	22,789,497 ▼ -0.02
Power Cement / Apr 25 Power Cement Limited(POWER)	21,965,614 ▼ -0.17
Sui South Gas / Apr 25 Sui Southern Gas Company Limited(SSGC)	21,567,163 ▼ -0.56
B.O.Punjab / Apr 25 The Bank of Punjab(BOP)	19,825,526 ▼ -0.08
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	17,030,953 ▼ -0.04
Aisha Steel Mill / Apr 25 Aisha Steel Mills Limited(ASL)	16,751,796 ▲ 0.59
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	16,717,262 ▼ -0.17
Pak Int.Bulk / Apr 25 Pakistan International Bulk Terminal(PIBTL)	16,382,803 ▲ 0.14
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