News Archives for Print - 2010-05-14 - Business Recorder

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Print - 2010-05-14

Switching on to NComputing Technology: Punjab government to save over Rs 360 million

Switching on to NComputing Technology: Punjab government to save over Rs 360 million

With switching of the traditional computer network to NComputing Virtual Desktop Technology, Punjab government will save about Rs 1.8 billions in up-front and ongoing costs, ie over Rs 360 millions during the three years of project. The government will al

Published 14 May, 2010 12:00am

EFU GUARANT GROWTH FUND Rates

EFU GUARANT GROWTH FUND Rates

EFU Guarant Growth Fund Rates on Thursday (May 13, 2010).

Published 14 May, 2010 12:00am

Samba Financial Group injects capital

Samba Financial Group injects capital

Samba Financial Group (SFG) of Kingdom of Saudi Arabia, has injected the second portion of capital to fulfil its underwriting commitment for the subscription of right shares issuance to strengthen the capital base of Samba Bank Limited (SBL) in Pakistan l

Published 14 May, 2010 12:00am

EFU GUARANT GROWTH FUND Rates

EFU GUARANT GROWTH FUND Rates

EFU Guarant Growth Fund Rates on Thursday (May 13, 2010).

Published 14 May, 2010 12:00am

Samba Financial Group injects capital

Samba Financial Group injects capital

Samba Financial Group (SFG) of Kingdom of Saudi Arabia, has injected the second portion of capital to fulfil its underwriting commitment for the subscription of right shares issuance to strengthen the capital base of Samba Bank Limited (SBL) in Pakistan l

Published 14 May, 2010 12:00am

EFU GUARANT GROWTH FUND Rates

EFU GUARANT GROWTH FUND Rates

EFU Guarant Growth Fund Rates on Thursday (May 13, 2010).

Published 14 May, 2010 12:00am

Samba Financial Group injects capital

Samba Financial Group injects capital

Samba Financial Group (SFG) of Kingdom of Saudi Arabia, has injected the second portion of capital to fulfil its underwriting commitment for the subscription of right shares issuance to strengthen the capital base of Samba Bank Limited (SBL) in Pakistan l

Published 14 May, 2010 12:00am

Dates of Closure of Books & Annual General Meetings

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 14 May, 2010 12:00am

Railways to close down operation of 16 trains

Railways to close down operation of 16 trains

In a major anti-people move and in the backdrop of severe financial crunch, Pakistan Railways has decided to close down the operation of 16 passengers and freight trains with immediate effect. General Manager Operation Ishafaq Khatakat while announcing th

Published 14 May, 2010 12:00am

Clearing Schedule for T+2 System

Clearing Schedule for T+2 System

Karachi Stock Exchange's Clearing Schedule for T+2 System.

Published 14 May, 2010 12:00am

Railways to close down operation of 16 trains

Railways to close down operation of 16 trains

In a major anti-people move and in the backdrop of severe financial crunch, Pakistan Railways has decided to close down the operation of 16 passengers and freight trains with immediate effect. General Manager Operation Ishafaq Khatakat while announcing th

Published 14 May, 2010 12:00am

Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 14 May, 2010 12:00am

Railways to close down operation of 16 trains

Railways to close down operation of 16 trains

In a major anti-people move and in the backdrop of severe financial crunch, Pakistan Railways has decided to close down the operation of 16 passengers and freight trains with immediate effect. General Manager Operation Ishafaq Khatakat while announcing th

Published 14 May, 2010 12:00am

Provisionally listed companies

Provisionally listed companies

Provisional companies listed in Karachi Stock Exchange.

Published 14 May, 2010 12:00am

Criminal probe targets six Wall Street banks

Criminal probe targets six Wall Street banks

US prosecutors are conducting a broad criminal investigation of six major Wall Street banks, including J.P. Morgan Chase & Co and Citigroup Inc, to determine if they misled investors, a person familiar with the matter said on Thursday. The others are Deut

Published 14 May, 2010 12:00am

Last date of renunciation/payment

Last date of renunciation/payment

Last dates of renunciation/payment.

Published 14 May, 2010 12:00am

Criminal probe targets six Wall Street banks

Criminal probe targets six Wall Street banks

US prosecutors are conducting a broad criminal investigation of six major Wall Street banks, including J.P. Morgan Chase & Co and Citigroup Inc, to determine if they misled investors, a person familiar with the matter said on Thursday. The others are Deut

Published 14 May, 2010 12:00am

BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 14 May, 2010 12:00am

Criminal probe targets six Wall Street banks

Criminal probe targets six Wall Street banks

US prosecutors are conducting a broad criminal investigation of six major Wall Street banks, including J.P. Morgan Chase & Co and Citigroup Inc, to determine if they misled investors, a person familiar with the matter said on Thursday. The others are Deut

Published 14 May, 2010 12:00am

BRIndex30 and BR Sectoral Indices

BRIndex30 and BR Sectoral Indices

BRIndex30 and BR Sectoral Indices on Thursday (May 13, 2010).

Published 14 May, 2010 12:00am

Pakistan and Afghanistan trade deal soon

Pakistan and Afghanistan trade deal soon

Afghanistan is close to reaching a long-delayed trade transit deal with Pakistan that would allow produce to be trucked across its neighbour to key importer India, Afghanistan's agriculture chief said on Thursday. A trade pact would help Afghan farmers mo

Published 14 May, 2010 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Thursday (May 13, 2010).

Published 14 May, 2010 12:00am

Pakistan and Afghanistan trade deal soon

Pakistan and Afghanistan trade deal soon

Afghanistan is close to reaching a long-delayed trade transit deal with Pakistan that would allow produce to be trucked across its neighbour to key importer India, Afghanistan's agriculture chief said on Thursday. A trade pact would help Afghan farmers mo

Published 14 May, 2010 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Thursday (May 13, 2010).

Published 14 May, 2010 12:00am

Pakistan and Afghanistan trade deal soon

Pakistan and Afghanistan trade deal soon

Afghanistan is close to reaching a long-delayed trade transit deal with Pakistan that would allow produce to be trucked across its neighbour to key importer India, Afghanistan''s agriculture chief said on Thursday. A trade pact would help Afghan farmers m

Published 14 May, 2010 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Thursday (May 13, 2010).

Published 14 May, 2010 12:00am

Three arrested in Times Square bomb probe

Three arrested in Times Square bomb probe

Federal agents arrested three people Thursday in raids across the US north-east in an expanding probe into the failed Times Square bomb attack. US Attorney General Eric Holder said search warrants were executed across the region and "several individuals w

Published 14 May, 2010 12:00am

Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (May 13, 2010).

Published 14 May, 2010 12:00am

Three arrested in Times Square bomb probe

Three arrested in Times Square bomb probe

Federal agents arrested three people Thursday in raids across the US north-east in an expanding probe into the failed Times Square bomb attack. US Attorney General Eric Holder said search warrants were executed across the region and "several individuals w

Published 14 May, 2010 12:00am

Cross Transactions between Client to Client & Financial Institutions

Cross Transactions between Client to Client & Financial Institutions

The following were the cross transactions between client to client & financial institutions here on Thursday (May 13, 2010).

Published 14 May, 2010 12:00am

15 percent regulatory duty on yarn exports: Aptma to hold strike twice a week

15 percent regulatory duty on yarn exports: Aptma to hold strike twice a week

All Pakistan Textile Mills Association (Aptma) has decided to observe strike twice a week against the imposition of 15 percent Regulatory Duty (RD) on exports of cotton yarn. The decision was taken by the Aptma leadership in an Extra Ordinary General Meet

Published 14 May, 2010 12:00am

Revised Rates of Debt Securities

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (May 13, 2010).

Published 14 May, 2010 12:00am

15 percent regulatory duty on yarn exports: Aptma to hold strike twice a week

15 percent regulatory duty on yarn exports: Aptma to hold strike twice a week

All Pakistan Textile Mills Association (Aptma) has decided to observe strike twice a week against the imposition of 15 percent Regulatory Duty (RD) on exports of cotton yarn. The decision was taken by the Aptma leadership in an Extra Ordinary General Meet

Published 14 May, 2010 12:00am

Revised Rates of Debt Securities

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (May 13, 2010).

Published 14 May, 2010 12:00am

15 percent regulatory duty on yarn exports: Aptma to hold strike twice a week

15 percent regulatory duty on yarn exports: Aptma to hold strike twice a week

All Pakistan Textile Mills Association (Aptma) has decided to observe strike twice a week against the imposition of 15 percent Regulatory Duty (RD) on exports of cotton yarn. The decision was taken by the Aptma leadership in an Extra Ordinary General Meet

Published 14 May, 2010 12:00am

Revised Rates of Debt Securities

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (May 13, 2010).

Published 14 May, 2010 12:00am

Bangladesh to send first female peacekeeper unit to Haiti

Bangladesh to send first female peacekeeper unit to Haiti

Bangladesh will send its first all-female contingent of police officers on a United Nations peacekeeping mission, to help with reconstruction in quake-devastated Haiti, police said Thursday. "A 110-strong battalion of female peacekeepers, will fly to Hait

Published 14 May, 2010 12:00am

Shipping: PAKISTAN NATIONAL SHIPPING CORPORATION - Analysis of Financial Statements Financial Year 2008 - 2001 H 2010

Shipping: PAKISTAN NATIONAL SHIPPING CORPORATION - Analysis of Financial Statements Financial Year 2008 - 2001 H 2010

Pakistan National Shipping Corporation and its subsidiary companies were incorporated under the provision of Pakistan National Shipping Corporation Ordinance, 1979 and the Companies Ordinance, 1984 respectively.

Published 14 May, 2010 12:00am

Bangladesh to send first female peacekeeper unit to Haiti

Bangladesh to send first female peacekeeper unit to Haiti

Bangladesh will send its first all-female contingent of police officers on a United Nations peacekeeping mission, to help with reconstruction in quake-devastated Haiti, police said Thursday. "A 110-strong battalion of female peacekeepers, will fly to Hait

Published 14 May, 2010 12:00am

Shipping: PAKISTAN NATIONAL SHIPPING CORPORATION - Analysis of Financial Statements Financial Year 2008 - 2001 H 2010

Shipping: PAKISTAN NATIONAL SHIPPING CORPORATION - Analysis of Financial Statements Financial Year 2008 - 2001 H 2010

Pakistan National Shipping Corporation and its subsidiary companies were incorporated under the provision of Pakistan National Shipping Corporation Ordinance, 1979 and the Companies Ordinance, 1984 respectively.

Published 14 May, 2010 12:00am

England crush Sri Lanka to reach final

England crush Sri Lanka to reach final

England cruised into the World Twenty20 final with a seven-wicket thrashing of Sri Lanka at the Beausejour Stadium here on Thursday. Set just 129 to win, after tight bowling restricted Sri Lanka - last year's losing finalists - to 128 for six, England fin

Published 14 May, 2010 12:00am

THE RUPEE: dollar moves both ways

THE RUPEE: dollar moves both ways

The rupee moved both ways against dollar and euro on the local currency market on Thursday, money experts said. On the interbank market the rupee retained its overnight level against dollar for buying at 84.15 while it gained two paisa for selling at 84.2

Published 14 May, 2010 12:00am

England crush Sri Lanka to reach final

England crush Sri Lanka to reach final

England cruised into the World Twenty20 final with a seven-wicket thrashing of Sri Lanka at the Beausejour Stadium here on Thursday. Set just 129 to win, after tight bowling restricted Sri Lanka - last year's losing finalists - to 128 for six, England fin

Published 14 May, 2010 12:00am

THE RUPEE: dollar moves both ways

THE RUPEE: dollar moves both ways

The rupee moved both ways against dollar and euro on the local currency market on Thursday, money experts said. On the interbank market the rupee retained its overnight level against dollar for buying at 84.15 while it gained two paisa for selling at 84.2

Published 14 May, 2010 12:00am

Parco opposes de-regulation of petroleum products

Parco opposes de-regulation of petroleum products

Pak Arab Refinery Limited (Parco) has opposed the de-regulation of petroleum products proposed in the new oil pricing formula claiming that it would lead to an annual loss of Rs 6 billion, Business Recorder has learnt. Sources revealed to the Bu

Published 14 May, 2010 12:00am

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Thursday (May 13, 2010).

Published 14 May, 2010 12:00am

Indo-Pak trade moot in Delhi to boost ties

Top Pakistani and Indian business persons are due to meet in New Delhi from May 17 to 19 for a two-day business moot titled "Partners for Peace and Progress." A statement issued here on Thursday said it is being held under the auspices of "Aman ki Asha" -
Published 14 May, 2010 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Thursday (May 13, 2010).

Published 14 May, 2010 12:00am

PPP MNAs call on President

Four PPP Members of National Assembly on Thursday called on President Asif Ali Zardari separately in the Presidency. The MNAs who called on the President separately included Dr Abdul Wahid Soomro, Ms Rubina Saadat Qaim Khani, Changiz Jamali and Dr Mahesh
Published 14 May, 2010 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (May 13, 2010).

Published 14 May, 2010 12:00am

I don't want Parliament-Supreme Court clash, says Gilani

Prime Minister Yousuf Raza Gilani has said that he did not want clash between the Parliament and Supreme Court and added that checking authenticity of Parliamentarians degrees' is the responsibility of the Election Commission.
Published 14 May, 2010 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (May 13, 2010).

Published 14 May, 2010 12:00am

Supreme Court reserves judgement in Fatima Jinnah Park case

The Supreme Court on Thursday completed hearing of a case highlighting violation of apex court's order by Capital Development Authority (CDA), permitting commercial activities in Fatima Jinnah Park, Sector F-9 solely meant for public recreation.
Published 14 May, 2010 12:00am

National Commodity Exchange Trading Summary

National Commodity Exchange Limited Trading Summary on Thursday (May 13, 2010).

Published 14 May, 2010 12:00am

15 percent regulatory duty on yarn export: value-added sector welcomes government decision

The value-added textile sector Thursday hailed the decision of the Cabinet Committee on Textiles to levy 15 percent Regulatory Duty (RD) on export of all types of yarn to meet the yarn shortage in the local market. Syed Muhammad Aasim, a leader of Value-a
Published 14 May, 2010 12:00am

Yarn Prices
Karachi Yarn Market Rate

Karachi Yarn Market Rates on Thursday (May 13, 2010).

Published 14 May, 2010 12:00am

Ambassadors investment conference begins from May 15

A two-day 'Ambassadors Investment Conference' jointly organised by the Lahore Chamber of Commerce and Industry (LCCI) and government of Gilgit-Baltistan will begin from Saturday (tomorrow) at Shangrila Hotel Sakrdu. The main objective of holding the confe
Published 14 May, 2010 12:00am

Yarn Prices
Karachi Yarn Market Rate

Karachi Yarn Market Rates on Thursday (May 13, 2010).

Published 14 May, 2010 12:00am

Security at campus: QAU inks agreement with 'Analytical Solutions'

The Quaid-e-Azam University (QAU) and Analytical Solutions (Pvt) Ltd have inked an agreement to strengthen campus security, here on Thursday. A public-private partnership mainly based on Build Operate Transfer (PPP - BOT) for a period of 5 years, the proj
Published 14 May, 2010 12:00am

Poultry Rates

Wholesale poultry rates on Thursday (May 13, 2010) and for Friday (May 14, 2010)
Published 14 May, 2010 12:00am

Four percent of budget fixation for education promotion demanded

A non-governmental organisation (NGO) Global Call to Action Against Poverty (GCAP) has called for fixation of 4 percent of the annual budget for the promotion of education. This was told at a meeting of the National Co-ordinator, GCAP, Zia-ur-Rehman and D
Published 14 May, 2010 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (May 13, 2010).

Published 14 May, 2010 12:00am

Increasing accountability courts, appointment of prosecutors: Supreme Court asks NAB to submit detailed report within three days

The Supreme Court on Thursday directed National Accountability Bureau (NAB) to submit a detailed report within three days regarding the steps taken by the bureau to increase accountability courts and appointment of prosecutors for expeditious disposal of
Published 14 May, 2010 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (May 13, 2010).

Published 14 May, 2010 12:00am

Ambassador defends Pakistani suspect in Chile

There is no strong evidence a Pakistani man arrested after being found with traces of explosives at the US embassy in Chile has links to terror groups, Pakistan's ambassador in Santiago said. Ambassador Burhanul Islam said late on Wednesday he would provi
Published 14 May, 2010 12:00am

LME official prices

The following were Wednesday official prices.

Published 14 May, 2010 12:00am

Miscreants blow up 500kv power transmission line

A spokesman for Tribal Areas Electricity Supply Company (Tesco) has said that power supply has been interrupted in Khyber Agency due to blewing up a 500KV Shiekh Muhammadi transmission line tower at Urmerh area by unknown miscreants. The spokesman said th
Published 14 May, 2010 12:00am

LME official prices

The following were Wednesday official prices.

Published 14 May, 2010 12:00am

Ban on entry of single axle trucks to motorway lifted

Federal Minister for Communications Dr Arbab Almagir Khan Khalil met with the representatives of Faisalabad Chamber of Commerce and Industries (FCCI) and Lahore and Rawalpindi Goods Transporter Association with regard to ban on entry of single axle trucks
Published 14 May, 2010 12:00am

LME official plastics prices

The following were Wednesday official prices.

Published 14 May, 2010 12:00am

Government to lose Rs 13.8 billion in disposing off two million tons of wheat abroad

Due to unrealistic wheat support price, at variance with international market price, the government will be compelled to provide a subsidy to foreign buyers of over Rs 13.8 billion to dispose off 2 million tons of wheat abroad, Business Recorder ha
Published 14 May, 2010 12:00am

LME official plastics prices

The following were Wednesday official prices.

Published 14 May, 2010 12:00am

Work on two powerhouses to start soon

Executive engineer Water & Power Department (WPD) Ghulam Haidar said the two powerhouses of 36 megawatts with the cost of five billion rupees would be constructed here. Talking to newsmen here on Thursday, he said 26 megawatts powerhouse would be launched
Published 14 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 14 May, 2010 12:00am

Prime Minister for framing rules of promotion according to Supreme Court orders

Prime Minister Syed Yousuf Raza Gilani has directed the Secretary, Establishment Division to frame rules for promotion to the post of Secretary (BS-22) in the light of the orders of Supreme Court of Pakistan dated 28.04.2010.
Published 14 May, 2010 12:00am

The Weather

The weather report on Thursday (May 13, 2010) and the forecast for Friday (May 14, 2010).

Published 14 May, 2010 12:00am

Pak-Turkish friendship time tested: General Kosaner

General Sebahattin Isik Kosaner, Commander of Turkish Land Forces said Thursday that relations between Pakistan and Turkey were time tested, deep and Turkey would always stand with people and government of Pakistan in every difficult time.
Published 14 May, 2010 12:00am

Afghan government to install new security system in Kandahar

To improve border security and support the regional security operations of coalition forces in Afghanistan, the government of Afghanistan will soon install a new security system near the Spin Boldak border crossing in Kandahar province.
Published 14 May, 2010 12:00am

VAT to have serious inflationary impact: Yousuf

Former FBR Chairman Abdullah Yousuf on Thursday said the Value Added Tax would definitely have serious inflationary impact due to withdrawal of exemptions under the Sixth Schedule of the Sales Tax Act, 1990. Sharing his experience on VAT, he informed the
Published 14 May, 2010 12:00am

Availability of yarn, cotton in local market: government urged to take timely decisions

The value-added textile sector has accused the government of failing to take timely decisions with respect to availability of raw cotton in the domestic market leading to a severe yarn and cotton shortage in the county. "The value-added textile sector wou
Published 14 May, 2010 12:00am

'Pakistan to continue struggle for eliminating terrorism'

Pakistan will continue its struggle to combat and eliminate terrorism so as to ensure the security and integrity of the country. This was stated by Federal Minister for Defence, Chaudhry Ahmad Mukhtar, at a meeting with the visiting Foreign Minister of Ma
Published 14 May, 2010 12:00am

British envoy calls on Javed Ashraf

Chairman Senate Standing Committee on Defence Production Senator Lieutenant General Javed Ashraf Qazi (Retd) on Thursday underlined the need for more closer co-operation between Pakistan and United Kingdom in diverse fields to further strengthen the exist
Published 14 May, 2010 12:00am

Huge quantity of intraocular lens imported from India seized

Directorate General, Intelligence and Investigation (DGI&I) of Federal Board of Revenue (FBR), Karachi has confiscated huge quantity of intraocular lens imported from India. Sources told Business Recorder on Thursday that credible information was r
Published 14 May, 2010 12:00am

'BISP striving to make women self-sufficient'

Benazir Income Support Programme (BISP) is striving to make women self-sufficient by providing them financial assistance, said Chairperson BISP Farzana Raja while addressing a seminar on "Women Empowerment" at the National Centre for Rural Development her
Published 14 May, 2010 12:00am

Opposition MNAs criticise economic policy

The Opposition members of the National Assembly criticised the government and said that it should review economic policy and tighten its belt to provide relief to the poor and revisit its foreign policy to rein in terrorism.
Published 14 May, 2010 12:00am

Three killed in shootout over land dispute

Three persons were killed and six others injured, three of them critically, in a shootout between two groups over a land dispute here at Multi Professional Society in sector E-17 near Sang Jani, a police spokesman said. He said two guards of the society M
Published 14 May, 2010 12:00am

Three percent extra tax liability on taxable supplies: FBR estimates Rs 60-62 billion collection in 2010-11

The Federal Board of Revenue (FBR) has estimated collection of around Rs 60-62 billion in 2010-2011 from un-adjustable extra tax liability of 3 percent on taxable supplies made by manufacturers, importers and wholesalers to unregistered buyers without dis
Published 14 May, 2010 12:00am

Darban Dam allocation revised to Rs 128 million

The Ministry of Water and Power on Thursday informed Senate that the original allocation for Darban Dam project was Rs 700 million in the current PSDP, which was later rationalised to Rs 128 million due to the financial crunch and no fund has so far been
Published 14 May, 2010 12:00am

Senate passes IHC Bill 2010 with two amendments

The Upper House of the Parliament on Thursday passed Islamabad High Court Bill, 2010 with two minor amendments, which was earlier passed by the National Assembly. The Bill would again go to the Lower House of the Parliament for approval in view of the ame
Published 14 May, 2010 12:00am

Senate passes IHC Bill 2010 with two amendments

The Upper House of the Parliament on Thursday passed Islamabad High Court Bill, 2010 with two minor amendments, which was earlier passed by the National Assembly. The Bill would again go to the Lower House of the Parliament for approval in view of the ame
Published 14 May, 2010 12:00am

No regulatory duty on yarn made from material temporarily imported: FBR

The Federal Board of Revenue on Thursday announced that 15 percent regulatory duty would not be charged on export of all types of yarn made from the material temporarily imported under temporary importation scheme (SRO.492(I)/2009), Duty and Tax Remission
Published 14 May, 2010 12:00am

No regulatory duty on yarn made from material temporarily imported: FBR

The Federal Board of Revenue on Thursday announced that 15 percent regulatory duty would not be charged on export of all types of yarn made from the material temporarily imported under temporary importation scheme (SRO.492(I)/2009), Duty and Tax Remission
Published 14 May, 2010 12:00am

TCP has stock of 80,948 metric ton of sugar: Fahim

Minister for Commerce Makhdoom Amin Fahim has said that Trading Corporation of Pakistan (TCP) has a stock of 80,948 metric ton of sugar as of May 10, 2010. In written reply to a question to the National Assembly, the Minister said that a total of 68,948 M
Published 14 May, 2010 12:00am

LSM sector: Rs 139.6 billion sales tax collected during 2009-10

Total amount of Rs 139.6 billion has been collected from large scale manufacturing (LSM) sector in the country under the head of sales tax during 2009-10 (up to March, 10). In written reply to a question, the Finance Ministry on Thursday told the National
Published 14 May, 2010 12:00am

Asfandyar arrives in New York

ANP leader Asfandyar Wali Khan arrived in New York Wednesday to participate in a conference honouring his grandfather, Khan Abdul Ghaffar Khan. He was received at New York's Kennedy Airport by a large number party workers and activists. They included Iqba
Published 14 May, 2010 12:00am

Consensus building on economic policy reforms stressed

Dr Nadeem-ul-Haq, the Deputy Chairman of the Planning Commission stressed the need for wide ranging debate and consensus building on economic policy reform in the country. He was presiding over a national workshop on "Structural Transformation and Inclusi
Published 14 May, 2010 12:00am

Anniversary of Hasrat Mohani commemorated

It was in May 1951, when Muslim of India lost one of its greatest and most illustrious son Maulana Fazlul Hasan Hasrat Mohani who was living symbol of Iqbal's conception of Mumin (True Muslim). Moulana Hasrat Mohani's name is considered as a big giant not
Published 14 May, 2010 12:00am

Army plays down risk of villages flooding

Army said Thursday it had taken every possible step to prevent an artificial lake from bursting its banks but acknowledged that up to 36 villages would be affected by flooding. A massive landslide created a lake on January 4 that killed 20 and left about
Published 14 May, 2010 12:00am

Sindh, Punjab agree to resolve power plant issue

Sindh and Punjab have finally agreed to amicably resolve, under the Water Accord 1991, the issue of hydroelectric power plant to generate 44MW at Chashma-Jhehlum Link Canal, sources informed Business Recorder on Thursday. They said that provincial
Published 14 May, 2010 12:00am

Parliamentarians express dissatisfaction with foreign policy

Parliamentarians have expressed dissatisfaction on the foreign policy of the present government during a briefing given to them by the Foreign Minister Shah Mehmood Qureshi, it was learnt. Sources said that the joint meeting of foreign Affairs standing co
Published 14 May, 2010 12:00am

Previous Day

Forex
World
Commodity

Currency Rate

USD PKR Interbank Selling / Apr 4

280.53

USD PKR Interbank Buying / Apr 4

280.28

USD to Japanese Yen / Apr 4

146.01

USD to Swiss Franc / Apr 4

0.85

Pound Sterling to USD / Apr 4

1.30

Euro to USD / Apr 4

1.11

UK LIBOR % / Apr 3

4.96

Stock Volume

S&P 500 / Apr 3

5,396.52

Nasdaq / Apr 3

16,550.61

Dow Jones / Apr 3

40,545.93

India Sensex / Apr 4

75,487.44

Tokyo Nikkei / Apr 4

33,780.58

Hang Seng / Apr 4

22,849.81

FTSE 100 / Apr 4

8,344.79

Germany DAX 30 / Apr 4

21,330.48

France CAC40 / Apr 4

7,490.34

Item Value

Karachi Cotton PKR/37.32 KG / Apr 3

17,085

Gold 10 Grams PKR / Apr 3

279,063

Petrol/Litre / Apr 4

254.63

Crude Oil USD/Barrel / Apr 4

65.63

Gold Spot USD/Ounce / Apr 4

3,096.60

Diesel/Litre / Apr 4

258.64

Cotton US¢/pound / Apr 4

63.50

Gainers
Losers
Leaders

Stock Price

Oilboy Energy(R) / Apr 4

Oilboy Energy Limited(R)(OBOYR2)

3.41

▲ 0.89 (35.32%)

Mughal Iron & Steel (R) / Apr 4

Mughal Iron & Steel Industries Limited (R)(MUGHALR2)

6.01

▲ 1 (19.96%)

Chenab Ltd (Pref) / Apr 4

Chenab Limited (Pref)(CLCPS)

2.84

▲ 0.33 (13.15%)

Nimir Resins / Apr 4

Nimir Resins Limited(NRSL)

32.86

▲ 2.99 (10.01%)

PIA Holding Co.B / Apr 4

PIA Holding Company Limited B(PIAHCLB)

1,063.81

▲ 96.71 (10%)

Philip Morris Pak. / Apr 4

Philip Morris (Pakistan) Limited(PMPK)

981.98

▲ 89.27 (10%)

First Elite Cap.Mod / Apr 4

First Elite Capital Modaraba(FECM)

13.31

▲ 1.21 (10%)

Adamjee Life Assur. / Apr 4

Adamjee Life Assurance Company Limited(ALIFE)

28.60

▲ 2.6 (10%)

Amreli Steels / Apr 4

Amreli Steels Limited(ASTL)

23.53

▲ 2.14 (10%)

Shakarganj / Apr 4

Shakarganj Limited(SML)

32.05

▲ 2.91 (9.99%)

Stock Price

Gammon Pak / Apr 4

Gammon Pakistan Limited(GAMON)

26.50

▼ -2.67 (-9.15%)

Ellcot Spinning / Apr 4

Ellcot Spinning Mills Limited(ELSM)

108

▼ -10.64 (-8.97%)

Parmount Sp. / Apr 4

Paramount Spinning Mills Limited(PASM)

3.66

▼ -0.34 (-8.5%)

At-Tahur Ltd. / Apr 4

At-Tahur Limited(PREMA)

46.40

▼ -3.93 (-7.81%)

Intermarket Securities / Apr 4

Intermarket Securities Limited(IMS)

60.01

▼ -5.05 (-7.76%)

Shahtaj Sugar / Apr 4

Shahtaj Sugar Mills Limited(SHJS)

111

▼ -8.92 (-7.44%)

Pak. P.V.C. / Apr 4

Pakistan PVC Limited(PPVC)

7.71

▼ -0.59 (-7.11%)

Sally Textile / Apr 4

Sally Textile Mills Limited(SLYT)

10

▼ -0.66 (-6.19%)

United Dist. / Apr 4

United Distributors Pakistan Limited(UDPL)

66.80

▼ -4.39 (-6.17%)

Service Ind.Ltd / Apr 4

Service Industries Limited(SRVI)

1,125

▼ -72.56 (-6.06%)

Stock Volume

Cnergyico PK / Apr 4

Cnergyico PK Limited(CNERGY)

61,020,262

▲ 0.16

Sui South Gas / Apr 4

Sui Southern Gas Company Limited(SSGC)

53,236,136

▼ -1.31

Bank Al-Falah / Apr 4

Bank Alfalah Limited(BAFL)

43,379,116

▼ -0.29

B.O.Punjab / Apr 4

The Bank of Punjab(BOP)

21,294,325

▼ -0.04

Fauji Cement / Apr 4

Fauji Cement Company Limited(FCCL)

18,465,099

▼ -0.22

Fauji Foods Ltd / Apr 4

Fauji Foods Limited(FFL)

16,920,923

▼ -0.1

Power Cement / Apr 4

Power Cement Limited(POWER)

15,854,044

▲ 0.11

Pak Elektron / Apr 4

Pak Elektron Limited(PAEL)

15,764,924

▼ -1.62

Pak Refinery / Apr 4

Pakistan Refinery Limited(PRL)

15,048,060

▼ -0.07

WorldCall Telecom / Apr 4

Worldcall Telecom Limited(WTL)

14,562,154

▲ 0

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