AGL 40.02 Decreased By ▼ -0.01 (-0.02%)
AIRLINK 127.99 Increased By ▲ 0.29 (0.23%)
BOP 6.66 Increased By ▲ 0.05 (0.76%)
CNERGY 4.44 Decreased By ▼ -0.16 (-3.48%)
DCL 8.75 Decreased By ▼ -0.04 (-0.46%)
DFML 41.24 Decreased By ▼ -0.34 (-0.82%)
DGKC 86.18 Increased By ▲ 0.39 (0.45%)
FCCL 32.40 Decreased By ▼ -0.09 (-0.28%)
FFBL 64.89 Increased By ▲ 0.86 (1.34%)
FFL 11.61 Increased By ▲ 1.06 (10.05%)
HUBC 112.51 Increased By ▲ 1.74 (1.57%)
HUMNL 14.75 Decreased By ▼ -0.32 (-2.12%)
KEL 5.08 Increased By ▲ 0.20 (4.1%)
KOSM 7.38 Decreased By ▼ -0.07 (-0.94%)
MLCF 40.44 Decreased By ▼ -0.08 (-0.2%)
NBP 61.00 Decreased By ▼ -0.05 (-0.08%)
OGDC 193.60 Decreased By ▼ -1.27 (-0.65%)
PAEL 26.88 Decreased By ▼ -0.63 (-2.29%)
PIBTL 7.31 Decreased By ▼ -0.50 (-6.4%)
PPL 152.25 Decreased By ▼ -0.28 (-0.18%)
PRL 26.20 Decreased By ▼ -0.38 (-1.43%)
PTC 16.11 Decreased By ▼ -0.15 (-0.92%)
SEARL 85.50 Increased By ▲ 1.36 (1.62%)
TELE 7.70 Decreased By ▼ -0.26 (-3.27%)
TOMCL 36.95 Increased By ▲ 0.35 (0.96%)
TPLP 8.77 Increased By ▲ 0.11 (1.27%)
TREET 16.80 Decreased By ▼ -0.86 (-4.87%)
TRG 62.20 Increased By ▲ 3.58 (6.11%)
UNITY 28.07 Increased By ▲ 1.21 (4.5%)
WTL 1.32 Decreased By ▼ -0.06 (-4.35%)
BR100 10,081 Increased By 80.6 (0.81%)
BR30 31,142 Increased By 139.8 (0.45%)
KSE100 94,764 Increased By 571.8 (0.61%)
KSE30 29,410 Increased By 209 (0.72%)
Print - 2010-07-28
The Weather

The Weather

The weather report on Tuesday (July 27, 2010) and the forecast for Wednesday (July 28, 2010).

Published 28 Jul, 2010 12:00am
Farooq Haider's resignation accepted

Farooq Haider's resignation accepted

President of Azad Jammu Kashmir, Raja Zulqarnain Khan has accepted the resignation of Prime Minister Raja Farooq Haider Khan and also convened AJK Legislative Assembly's session on July 29 in Muzaffarabad. According to an AJK President's spokesperson, the
Published 28 Jul, 2010 12:00am
Key stock and currency market movements

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 28 Jul, 2010 12:00am
Government believes in freedom of expression: Kundi

Government believes in freedom of expression: Kundi

Faisal Karim Kundi, Acting Speaker, National Assembly has said that present democratic set-up believed in freedom of expression and has taken numerous steps for the independence of media. He expressed these views while talking to a delegation of media per
Published 28 Jul, 2010 12:00am
Elimination of liberation forces is must for country's stability: Malik

Elimination of liberation forces is must for country's stability: Malik

Exhausted by frequent accusations of kneeling down before terrorists in the restive Balochistan province, a top federal minister Tuesday questioned nationalist Baloch parliamentarians why they remained tight-lipped when national flag was being burnt by an
Published 28 Jul, 2010 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 28 Jul, 2010 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 28 Jul, 2010 12:00am
Chinese ambassador meets Naek

Chinese ambassador meets Naek

The Acting President, Farooq H. Naek has said that the all-weather and time-tested relations between Pakistan and People's Republic of China are not only a factor in promoting peace and stability in the region, but also accelerating the process of economi
Published 28 Jul, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (July 27, 2010).

Published 28 Jul, 2010 12:00am
Chinese embassy reception for new envoy to Pakistan

Chinese embassy reception for new envoy to Pakistan

The Embassy of People Republic of China hosted a grand reception on Tuesday in honor of its new Ambassador to Pakistan, Liu Jain at a local hotel. A large number of political figures, ambassadors, foreign dignitaries and people from different walks of lif
Published 28 Jul, 2010 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (July 27, 2010).

Published 28 Jul, 2010 12:00am
Multinational firm offers solar energy solutions

Multinational firm offers solar energy solutions

Whereas the government appears to have failed in finding an immediate remedy to the plight of loadshedding-hit masses, the private sector has stepped up to offer a 'breakthrough' technology as a simple, cost-effective and sustainable solution to the longs
Published 28 Jul, 2010 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Tuesday (July 27, 2010) and for Wednesday (July 28, 2010).
Published 28 Jul, 2010 12:00am
Industries' productions hampered by torrential rains

Industries' productions hampered by torrential rains

Torrential rain on Tuesday almost brought the business activities to a halt as the city's five main industries' productions were hampered by the absence of workers who failed to report for work. Industrialists said that around 50 to 60 percent workers cou
Published 28 Jul, 2010 12:00am
'Government believes in freedom of press'

'Government believes in freedom of press'

The Advisor to C.M. for Information Jamil Ahmed Soomro has condemned the attempt to murder on Bureau Chief of private News channel Hyderabad Anwar Kamal and said that the journalists were the trusty of the society, therefore, such attacks are being consid
Published 28 Jul, 2010 12:00am
Humaira Awais declared returning candidate

Humaira Awais declared returning candidate

The Chief Election Commissioner of Pakistan Tuesday declared Humaira Awais Shahid, wife of Adnan Awais Shahid (Late), as returning candidate for the vacant seat. The seat became vacant due to resignation of Ms Amina Jehangir, wife of Jehangir Zia in Punja
Published 28 Jul, 2010 12:00am
Good quantity of manganese discovered in Fata

Good quantity of manganese discovered in Fata

Fata development authority is executing a scheme "Investigation and Evaluation of Manganese Prospects" in Mohmand and Bajaur agencies, since 2005, costing Rs 80.147 million. The exploratory activities so far conducted resulted in estimation of 0.120 milli
Published 28 Jul, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (July 27, 2010).

Published 28 Jul, 2010 12:00am
PTA and NUST sign MoU

PTA and NUST sign MoU

Pakistan Telecommunication Authority (PTA) and National University of Science and Technology (NUST) have signed a Memorandum of Understanding (MoU) to enhance mutual co-operation for research in the relevant field and to promote mutually beneficial relati
Published 28 Jul, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (July 27, 2010).

Published 28 Jul, 2010 12:00am
US aid: government concerned at 50 percent direct release to NGOs

US aid: government concerned at 50 percent direct release to NGOs

The government expressed serious concern over 50 percent direct release to non-governmental organisations under the Kerry Lugar arrangement without any monitoring mechanism. US administration has refused to take measures to deal with this concern.
Published 28 Jul, 2010 12:00am
Lufthansa cargo plane crashes at Saudi airport

Lufthansa cargo plane crashes at Saudi airport

A Lufthansa cargo plane crashed at the Saudi capital's international airport on Tuesday but there were no casualties, the airline and the kingdom's civil aviation authority said. "Two crew members were taken to hospital to undergo treatment for minor inju
Published 28 Jul, 2010 12:00am
Lufthansa cargo plane crashes at Saudi airport

Lufthansa cargo plane crashes at Saudi airport

A Lufthansa cargo plane crashed at the Saudi capital's international airport on Tuesday but there were no casualties, the airline and the kingdom's civil aviation authority said. "Two crew members were taken to hospital to undergo treatment for minor inju
Published 28 Jul, 2010 12:00am
THE RUPEE: dollar lower

THE RUPEE: dollar lower

The rupee moved both ways against dollar and euro on the local currency market on Tuesday, dealers said. On the interbank market the rupee rose by four paisa versus dollar for buying and selling at 85.55 at 85.60, they said. In the second Asian trade euro
Published 28 Jul, 2010 12:00am
''Demonised'' BP boss Hayward resigns

''Demonised'' BP boss Hayward resigns

BP''s chief executive Tony Hayward resigned on Tuesday, claiming to have been "demonised and vilified" over the Gulf of Mexico oil spill disaster that is set to cost the British group 32 billion dollars. Hayward, whose PR gaffes made him a target of US fu
Published 28 Jul, 2010 12:00am
THE RUPEE: dollar lower

THE RUPEE: dollar lower

The rupee moved both ways against dollar and euro on the local currency market on Tuesday, dealers said. On the interbank market the rupee rose by four paisa versus dollar for buying and selling at 85.55 at 85.60, they said. In the second Asian trade euro
Published 28 Jul, 2010 12:00am
'Demonised' BP boss Hayward resigns

'Demonised' BP boss Hayward resigns

BP's chief executive Tony Hayward resigned on Tuesday, claiming to have been "demonised and vilified" over the Gulf of Mexico oil spill disaster that is set to cost the British group 32 billion dollars. Hayward, whose PR gaffes made him a target of US fur
Published 28 Jul, 2010 12:00am
'Demonised' BP boss Hayward resigns

'Demonised' BP boss Hayward resigns

BP's chief executive Tony Hayward resigned on Tuesday, claiming to have been "demonised and vilified" over the Gulf of Mexico oil spill disaster that is set to cost the British group 32 billion dollars. Hayward, whose PR gaffes made him a target of US fur
Published 28 Jul, 2010 12:00am
Mian Iftikhar for taking war on terror to logical end

Mian Iftikhar for taking war on terror to logical end

The spokesman of Khyber Pakhtunkhwa, Mian Iftikhar Hussein has reiterated the resolve of the continuation of war against terrorism till the complete elimination of the menace. The son of Mian Iftikhar Hussein, Provincial Minister for Information, Khyber P
Published 28 Jul, 2010 12:00am
Mian Iftikhar for taking war on terror to logical end

Mian Iftikhar for taking war on terror to logical end

The spokesman of Khyber Pakhtunkhwa, Mian Iftikhar Hussein has reiterated the resolve of the continuation of war against terrorism till the complete elimination of the menace. The son of Mian Iftikhar Hussein, Provincial Minister for Information, Khyber P
Published 28 Jul, 2010 12:00am
PSDP projects: PC to be empowered to release funds

PSDP projects: PC to be empowered to release funds

Finance Ministry has decided to empower Planning Commission to release funds for development projects in Public Sector Development Programme (PSDP) with the objective of reducing the throw forward liability of Rs 3 trillion by 20 to 30 percent, Busines
Published 28 Jul, 2010 12:00am
PSDP projects: PC to be empowered to release funds

PSDP projects: PC to be empowered to release funds

Finance Ministry has decided to empower Planning Commission to release funds for development projects in Public Sector Development Programme (PSDP) with the objective of reducing the throw forward liability of Rs 3 trillion by 20 to 30 percent, Busines
Published 28 Jul, 2010 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (July 27, 2010).

Published 28 Jul, 2010 12:00am
PSDP projects: PC to be empowered to release funds

PSDP projects: PC to be empowered to release funds

Finance Ministry has decided to empower Planning Commission to release funds for development projects in Public Sector Development Programme (PSDP) with the objective of reducing the throw forward liability of Rs 3 trillion by 20 to 30 percent, Busines
Published 28 Jul, 2010 12:00am
Europe clears world''s biggest airline merger

Europe clears world''s biggest airline merger

Europe on Tuesday cleared a merger between US carriers United and Continental that will create the world''s biggest airline, with the companies now racing to secure US approval. The green light from Brussels competition enforcers has still to be matched b
Published 28 Jul, 2010 12:00am
Europe clears world's biggest airline merger

Europe clears world's biggest airline merger

Europe on Tuesday cleared a merger between US carriers United and Continental that will create the world's biggest airline, with the companies now racing to secure US approval. The green light from Brussels competition enforcers has still to be matched by
Published 28 Jul, 2010 12:00am
Europe clears world's biggest airline merger

Europe clears world's biggest airline merger

Europe on Tuesday cleared a merger between US carriers United and Continental that will create the world's biggest airline, with the companies now racing to secure US approval. The green light from Brussels competition enforcers has still to be matched by
Published 28 Jul, 2010 12:00am
Rahat assumes charge as Chairperson CCP

Rahat assumes charge as Chairperson CCP

The newly appointed Chairperson of the Competition Commission of Pakistan (CCP), Rahat Kaunain Hassan, assumed the charge of her office on Tuesday. The Notification No 3-8/2010-Inv-III issued by the Government of Pakistan on Monday, 26 July 2010, said tha
Published 28 Jul, 2010 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 28 Jul, 2010 12:00am
Rahat assumes charge as Chairperson CCP

Rahat assumes charge as Chairperson CCP

The newly appointed Chairperson of the Competition Commission of Pakistan (CCP), Rahat Kaunain Hassan, assumed the charge of her office on Tuesday. The Notification No 3-8/2010-Inv-III issued by the Government of Pakistan on Monday, 26 July 2010, said tha
Published 28 Jul, 2010 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 28 Jul, 2010 12:00am
Rahat assumes charge as Chairperson CCP

Rahat assumes charge as Chairperson CCP

The newly appointed Chairperson of the Competition Commission of Pakistan (CCP), Rahat Kaunain Hassan, assumed the charge of her office on Tuesday. The Notification No 3-8/2010-Inv-III issued by the Government of Pakistan on Monday, 26 July 2010, said tha
Published 28 Jul, 2010 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 28 Jul, 2010 12:00am
Delay in import of sugar: TCP version

Delay in import of sugar: TCP version

A series of news items has appeared in a section of Press authored by few journalists alleging TCP for delay in import of sugar making Chairman TCP personally responsible for this delay. Chairman TCP wishes to clarify that the real causes of delay in impo
Published 28 Jul, 2010 12:00am
Delay in import of sugar: TCP version

Delay in import of sugar: TCP version

A series of news items has appeared in a section of Press authored by few journalists alleging TCP for delay in import of sugar making Chairman TCP personally responsible for this delay. Chairman TCP wishes to clarify that the real causes of delay in impo
Published 28 Jul, 2010 12:00am
Delay in import of sugar: TCP version

Delay in import of sugar: TCP version

A series of news items has appeared in a section of Press authored by few journalists alleging TCP for delay in import of sugar making Chairman TCP personally responsible for this delay. Chairman TCP wishes to clarify that the real causes of delay in impo
Published 28 Jul, 2010 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 28 Jul, 2010 12:00am
Six die in rain-related incidents: heavy showers continue

Six die in rain-related incidents: heavy showers continue

As the heavy showers continued on Tuesday, life in the metropolis came to a grinding halt and at least six people lost their lives in rain-related incidents. The incessant rains also disrupted the intra-city, inter-city and inter-province transport system
Published 28 Jul, 2010 12:00am
Six die in rain-related incidents: heavy showers continue

Six die in rain-related incidents: heavy showers continue

As the heavy showers continued on Tuesday, life in the metropolis came to a grinding halt and at least six people lost their lives in rain-related incidents. The incessant rains also disrupted the intra-city, inter-city and inter-province transport system
Published 28 Jul, 2010 12:00am
Bullish sentiments prevail on LSE

Bullish sentiments prevail on LSE

Bullish sentiments prevailed on the Lahore Stock Exchange (LSE) on Tuesday and equities maintained upward slide following approval of the concept paper of margin financing by the KSE board of directors. The LSE-25 index was increased by 24.81 points and w
Published 28 Jul, 2010 12:00am
Bullish sentiments prevail on LSE

Bullish sentiments prevail on LSE

Bullish sentiments prevailed on the Lahore Stock Exchange (LSE) on Tuesday and equities maintained upward slide following approval of the concept paper of margin financing by the KSE board of directors. The LSE-25 index was increased by 24.81 points and w
Published 28 Jul, 2010 12:00am
Australia orders inquiry

Australia orders inquiry

Australia Tuesday ordered an internal defence inquiry into thousands of leaked US military documents relating to the Afghan war to see whether they posed a risk to operations. Prime Minister Julia Gillard, whose government has some 1,550 soldiers in the t
Published 28 Jul, 2010 12:00am
ECC may allow continuation of deemed duty on HSD

ECC may allow continuation of deemed duty on HSD

Economic Co-ordination Committee (ECC) of the cabinet scheduled to meet on Thursday (tomorrow) may allow oil refineries to continue charging current 7.5 percent deemed duty on High Speed Diesel (HSD) which the Judicial Commission had recommended abolishin
Published 28 Jul, 2010 12:00am
ECC may allow continuation of deemed duty on HSD

ECC may allow continuation of deemed duty on HSD

Economic Co-ordination Committee (ECC) of the cabinet scheduled to meet on Thursday (tomorrow) may allow oil refineries to continue charging current 7.5 percent deemed duty on High Speed Diesel (HSD) which the Judicial Commission had recommended abolishin
Published 28 Jul, 2010 12:00am
ECC may allow continuation of deemed duty on HSD

ECC may allow continuation of deemed duty on HSD

Economic Co-ordination Committee (ECC) of the cabinet scheduled to meet on Thursday (tomorrow) may allow oil refineries to continue charging current 7.5 percent deemed duty on High Speed Diesel (HSD) which the Judicial Commission had recommended abolishin
Published 28 Jul, 2010 12:00am
Kabul urges West to review Pakistan policy

Kabul urges West to review Pakistan policy

Afghanistan's national security adviser called on the West Tuesday to review policy towards Pakistan after leaked Pentagon documents pointed to Pakistani double-dealing in the Afghan war. Kabul has consistently accused Pakistan's intelligence agency of su
Published 28 Jul, 2010 12:00am
Kabul urges West to review Pakistan policy

Kabul urges West to review Pakistan policy

Afghanistan's national security adviser called on the West Tuesday to review policy towards Pakistan after leaked Pentagon documents pointed to Pakistani double-dealing in the Afghan war. Kabul has consistently accused Pakistan's intelligence agency of su
Published 28 Jul, 2010 12:00am
US hunts for leaker

US hunts for leaker

The Pentagon said on Monday it was launching a manhunt to find whoever leaked tens of thousands of classified documents on the war in Afghanistan, one of the largest security breaches in US military history. US defence officials said the person behind the
Published 28 Jul, 2010 12:00am
US hunts for leaker

US hunts for leaker

The Pentagon said on Monday it was launching a manhunt to find whoever leaked tens of thousands of classified documents on the war in Afghanistan, one of the largest security breaches in US military history. US defence officials said the person behind the
Published 28 Jul, 2010 12:00am
Don't 'overhype' Afghan war leak: Kerry

Don't 'overhype' Afghan war leak: Kerry

A top US senator warned Tuesday against reading too much in a massive leak of Pentagon documents on the Afghan war and flatly rejected any comparison to the Vietnam-era "Pentagon Papers" disclosure. "I think it's important not to overhype or get excessive
Published 28 Jul, 2010 12:00am
Don't 'overhype' Afghan war leak: Kerry

Don't 'overhype' Afghan war leak: Kerry

A top US senator warned Tuesday against reading too much in a massive leak of Pentagon documents on the Afghan war and flatly rejected any comparison to the Vietnam-era "Pentagon Papers" disclosure. "I think it's important not to overhype or get excessive
Published 28 Jul, 2010 12:00am
Ahmadinejad denies helping Taliban

Ahmadinejad denies helping Taliban

Iranian President Mahmoud Ahmadi-nejad has denied, in an interview with US television, charges that his government is providing support to Taliban insurgents in Afghanistan. "We do not support any group," Ahmadinejad said when asked by CBS television in i
Published 28 Jul, 2010 12:00am
Ahmadinejad denies helping Taliban

Ahmadinejad denies helping Taliban

Iranian President Mahmoud Ahmadi-nejad has denied, in an interview with US television, charges that his government is providing support to Taliban insurgents in Afghanistan. "We do not support any group," Ahmadinejad said when asked by CBS television in i
Published 28 Jul, 2010 12:00am