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Print - 2011-03-18
THE RUPEE: dollar down marginally

THE RUPEE: dollar down marginally

Rates changed marginally on the currency market on Thursday in process of trading, dealers said. The rupee recovered nine paisa against dollar for buying and selling at 85.38 and 85.43, they said.
Published 18 Mar, 2011 12:00am
Iran test fires latest space rocket

Iran test fires latest space rocket

Iran has test launched the latest version of a rocket capable of sending satellites and carrying living creatures into space, the official IRNA news agency reported on Thursday.
Published 18 Mar, 2011 12:00am
Iran test fires latest space rocket

Iran test fires latest space rocket

Iran has test launched the latest version of a rocket capable of sending satellites and carrying living creatures into space, the official IRNA news agency reported on Thursday.
Published 18 Mar, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (March 17, 2011).

Published 18 Mar, 2011 12:00am
US businessman indicted, faces SEC fraud charges

US businessman indicted, faces SEC fraud charges

A former businessman who served for years as National Lampoon''s chief executive was arrested on charges he ran an elaborate pyramid scheme that defrauded investors of more than $200 million to help fund a lavish lifestyle, including a $250,000 revamp of
Published 18 Mar, 2011 12:00am
US businessman indicted, faces SEC fraud charges

US businessman indicted, faces SEC fraud charges

A former businessman who served for years as National Lampoon's chief executive was arrested on charges he ran an elaborate pyramid scheme that defrauded investors of more than $200 million to help fund a lavish lifestyle, including a $250,000 revamp of h
Published 18 Mar, 2011 12:00am
US businessman indicted, faces SEC fraud charges

US businessman indicted, faces SEC fraud charges

A former businessman who served for years as National Lampoon's chief executive was arrested on charges he ran an elaborate pyramid scheme that defrauded investors of more than $200 million to help fund a lavish lifestyle, including a $250,000 revamp of h
Published 18 Mar, 2011 12:00am
Karzai invites Gilani to visit Kabul

Karzai invites Gilani to visit Kabul

Afghan President Hamid Karzai on Thursday telephoned Prime Minister Syed Yusuf Raza Gilani and invited him to visit Kabul at his earliest convenience. The Prime Minister while accepting, the invitation stated that mutually convenient dates of the visit in
Published 18 Mar, 2011 12:00am
Karzai invites Gilani to visit Kabul

Karzai invites Gilani to visit Kabul

Afghan President Hamid Karzai on Thursday telephoned Prime Minister Syed Yusuf Raza Gilani and invited him to visit Kabul at his earliest convenience. The Prime Minister while accepting, the invitation stated that mutually convenient dates of the visit in
Published 18 Mar, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 18 Mar, 2011 12:00am
Saudi Arabia approves additional Hajj quota

Saudi Arabia approves additional Hajj quota

Secretary Ministry of Religious Affairs, Shaukat Hayat Durrani on Thursday held a meeting with Saudi Deputy Hajj Minister, Dr Essa Rawas in Makkah, Saudi Arabia and discussed matters relating to bilateral interests. Presently, a Pakistani delegation heade
Published 18 Mar, 2011 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 18 Mar, 2011 12:00am
Saudi Arabia approves additional Hajj quota

Saudi Arabia approves additional Hajj quota

Secretary Ministry of Religious Affairs, Shaukat Hayat Durrani on Thursday held a meeting with Saudi Deputy Hajj Minister, Dr Essa Rawas in Makkah, Saudi Arabia and discussed matters relating to bilateral interests. Presently, a Pakistani delegation heade
Published 18 Mar, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 18 Mar, 2011 12:00am
Equities move both ways on ISE

Equities move both ways on ISE

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an improvement of 2.68 points as the ISE Ten Index moved from 2753.27 t
Published 18 Mar, 2011 12:00am
Equities move both ways on ISE

Equities move both ways on ISE

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an improvement of 2.68 points as the ISE Ten Index moved from 2753.27 t
Published 18 Mar, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 18 Mar, 2011 12:00am
LSE index gains 34.88 points

LSE index gains 34.88 points

Equities on Thursday recovered the day earlier losses and appreciated their values on the Lahore Stock Exchange (LSE) amid ascending transaction volume on account of fresh entries in selective shares. The LSE-25 index was improved by 34.88 points and was
Published 18 Mar, 2011 12:00am
LSE index gains 34.88 points

LSE index gains 34.88 points

Equities on Thursday recovered the day earlier losses and appreciated their values on the Lahore Stock Exchange (LSE) amid ascending transaction volume on account of fresh entries in selective shares. The LSE-25 index was improved by 34.88 points and was
Published 18 Mar, 2011 12:00am
Boston man sues UAE Sheik for defamation

Boston man sues UAE Sheik for defamation

A Boston man who alleges that a brother of the ruler of the United Arab Emirates whipped him in the face with a belt in 2003 has filed a defamation lawsuit against the brother. Sheik Falah bin Zayed bin Sultan Al Nahyan was fined for his alleged attack on
Published 18 Mar, 2011 12:00am
Bosnian moderates form parliament, Croats protest

Bosnian moderates form parliament, Croats protest

Moderate Muslim and Croat parties formed a regional parliament in Bosnia on Thursday without Croat nationalists, who held large protests and threatened to paralyse central government. A week of Western-mediated talks between the parties had failed to prod
Published 18 Mar, 2011 12:00am
Sunni Ittehad Council calls for strike today

Sunni Ittehad Council calls for strike today

Sunni Ittehad Council (SIC) will hold protest rallies countrywide on Friday (today) against the release of US national Raymond Davis who was arrested for killing two Pakistanis. While addressing a press conference here on Thursday at Lahore press club, Ch
Published 18 Mar, 2011 12:00am
Sunni Ittehad Council calls for strike today

Sunni Ittehad Council calls for strike today

Sunni Ittehad Council (SIC) will hold protest rallies countrywide on Friday (today) against the release of US national Raymond Davis who was arrested for killing two Pakistanis. While addressing a press conference here on Thursday at Lahore press club, Ch
Published 18 Mar, 2011 12:00am
US to close embassy amid protests

US to close embassy amid protests

The US embassy in Islamabad will close its doors and shut its consulates in Pakistan on Friday because of ongoing protests after the release of a CIA contractor accused of double murder. Small demonstrations have broken out across the country after Americ
Published 18 Mar, 2011 12:00am
US to close embassy amid protests

US to close embassy amid protests

The US embassy in Islamabad will close its doors and shut its consulates in Pakistan on Friday because of ongoing protests after the release of a CIA contractor accused of double murder. Small demonstrations have broken out across the country after Americ
Published 18 Mar, 2011 12:00am
FIA arrests Moonis Elahi in NICL case

FIA arrests Moonis Elahi in NICL case

Federal Investigation Agency (FIA) has arrested Pakistan Muslim League-Q leader Moonis Elahi MPA following rejection of his bail from the Lahore High Court (LHC) on Thursday. Sources said that FIA officials had given time to Moonis Elahi for presenting hi
Published 18 Mar, 2011 12:00am
FIA arrests Moonis Elahi in NICL case

FIA arrests Moonis Elahi in NICL case

Federal Investigation Agency (FIA) has arrested Pakistan Muslim League-Q leader Moonis Elahi MPA following rejection of his bail from the Lahore High Court (LHC) on Thursday. Sources said that FIA officials had given time to Moonis Elahi for presenting hi
Published 18 Mar, 2011 12:00am
Raymond Davis: acquittal, release challenged

Raymond Davis: acquittal, release challenged

A petition has been filed before the Lahore High Court, challenging the acquittal and release of Raymond Davis. Barrister Iqbal Jafferi contended in his petition that trail court had acted in sheer violation of Sharia law as widow of deceased Fahim was no
Published 18 Mar, 2011 12:00am
Raymond Davis: acquittal, release challenged

Raymond Davis: acquittal, release challenged

A petition has been filed before the Lahore High Court, challenging the acquittal and release of Raymond Davis. Barrister Iqbal Jafferi contended in his petition that trail court had acted in sheer violation of Sharia law as widow of deceased Fahim was no
Published 18 Mar, 2011 12:00am
Punjab only complied with court orders: Sanaullah

Punjab only complied with court orders: Sanaullah

Punjab Law Minister Rana Sanaullah informed the Punjab Assembly here on Thursday that Raymond Davis was released on the orders of a court and his government had only complied with these orders. Disclosing that the families of victims had gone into hiding
Published 18 Mar, 2011 12:00am
Punjab only complied with court orders: Sanaullah

Punjab only complied with court orders: Sanaullah

Punjab Law Minister Rana Sanaullah informed the Punjab Assembly here on Thursday that Raymond Davis was released on the orders of a court and his government had only complied with these orders. Disclosing that the families of victims had gone into hiding
Published 18 Mar, 2011 12:00am
Gilani, Kayani condemn attack

Gilani, Kayani condemn attack

Prime Minister Yousuf Raza Gilani on Thursday strongly condemned as "irrational behaviour" a US drone strike in a tribal region. Civilians and police were among those killed when missiles fired by a drone hit a militant training compound in Datta Khel tow
Published 18 Mar, 2011 12:00am
Gilani, Kayani condemn attack

Gilani, Kayani condemn attack

Prime Minister Yousuf Raza Gilani on Thursday strongly condemned as "irrational behaviour" a US drone strike in a tribal region. Civilians and police were among those killed when missiles fired by a drone hit a militant training compound in Datta Khel tow
Published 18 Mar, 2011 12:00am
Civilians among 41 dead in US drone strike

Civilians among 41 dead in US drone strike

Civilians and police were among 41 people killed when US missiles ploughed into a militant training compound in Taliban and al Qaeda-hit north-west on Thursday, officials said. It was the most lethal drone strike to hit the lawless region since August 200
Published 18 Mar, 2011 12:00am
Civilians among 41 dead in US drone strike

Civilians among 41 dead in US drone strike

Civilians and police were among 41 people killed when US missiles ploughed into a militant training compound in Taliban and al Qaeda-hit north-west on Thursday, officials said. It was the most lethal drone strike to hit the lawless region since August 200
Published 18 Mar, 2011 12:00am
Nespak sees foul play in NICL deal for Lahore land

Nespak sees foul play in NICL deal for Lahore land

National Engineering Services, Pakistan (Nespak) is said to have found or detected a Rs 500 million fraud in purchase of 20 kanals and 2 marlas by the National Insurance Company Limited (NICL), near Lahore airport. According to the agency, the present val
Published 18 Mar, 2011 12:00am
Nespak sees foul play in NICL deal for Lahore land

Nespak sees foul play in NICL deal for Lahore land

National Engineering Services, Pakistan (Nespak) is said to have found or detected a Rs 500 million fraud in purchase of 20 kanals and 2 marlas by the National Insurance Company Limited (NICL), near Lahore airport. According to the agency, the present val
Published 18 Mar, 2011 12:00am
Nespak sees foul play in NICL deal for Lahore land

Nespak sees foul play in NICL deal for Lahore land

National Engineering Services, Pakistan (Nespak) is said to have found or detected a Rs 500 million fraud in purchase of 20 kanals and 2 marlas by the National Insurance Company Limited (NICL), near Lahore airport. According to the agency, the present val
Published 18 Mar, 2011 12:00am
Implementation of PPRA Rules ordered

Implementation of PPRA Rules ordered

All army procuring agencies have been ordered strict implementation of Public Procurement Regulatory Authority (PPRA) Rules - 2004 by the Adjutant General, General Headquarters, Pakistan Army as notified by Ministry of Defence (MoD) on January 31, 2011.
Published 18 Mar, 2011 12:00am
Implementation of PPRA Rules ordered

Implementation of PPRA Rules ordered

All army procuring agencies have been ordered strict implementation of Public Procurement Regulatory Authority (PPRA) Rules - 2004 by the Adjutant General, General Headquarters, Pakistan Army as notified by Ministry of Defence (MoD) on January 31, 2011.
Published 18 Mar, 2011 12:00am
Implementation of PPRA Rules ordered

Implementation of PPRA Rules ordered

All army procuring agencies have been ordered strict implementation of Public Procurement Regulatory Authority (PPRA) Rules - 2004 by the Adjutant General, General Headquarters, Pakistan Army as notified by Ministry of Defence (MoD) on January 31, 2011.
Published 18 Mar, 2011 12:00am
BRIndex30 up 97.41 points

BRIndex30 up 97.41 points

On Thursday, BRIndex30 opened at 8,617.26 and remained positive throughout the trading session. It touched an intraday high of 8,784.38 and an intraday low of 8,649.00 and closed at 8,714.67 which was 97.41 points or 1.13 percent higher than previous clos
Published 18 Mar, 2011 12:00am
BRIndex30 up 97.41 points

BRIndex30 up 97.41 points

On Thursday, BRIndex30 opened at 8,617.26 and remained positive throughout the trading session. It touched an intraday high of 8,784.38 and an intraday low of 8,649.00 and closed at 8,714.67 which was 97.41 points or 1.13 percent higher than previous clos
Published 18 Mar, 2011 12:00am
Index recovers 63.7 points

Index recovers 63.7 points

The KSE-100 index on Thursday recovered 63.70 points and closed at the level of 11,858.27 points on the back of fresh buying by local investors. The market opened on a positive note and the index hit 11,933.09 points intra-day high. The foreign investors,
Published 18 Mar, 2011 12:00am
Index recovers 63.7 points

Index recovers 63.7 points

The KSE-100 index on Thursday recovered 63.70 points and closed at the level of 11,858.27 points on the back of fresh buying by local investors. The market opened on a positive note and the index hit 11,933.09 points intra-day high. The foreign investors,
Published 18 Mar, 2011 12:00am
Index recovers 63.7 points

Index recovers 63.7 points

The KSE-100 index on Thursday recovered 63.70 points and closed at the level of 11,858.27 points on the back of fresh buying by local investors. The market opened on a positive note and the index hit 11,933.09 points intra-day high. The foreign investors,
Published 18 Mar, 2011 12:00am
Dormant gas fields: IHC moved

Dormant gas fields: IHC moved

The on-going tussle between Sindh government and the Oil and Gas Development Company (OGDCL) over the control of dormant fields took a new turn when a shareholder of the OGDCL fearing a prospective deal challenged the matter in the Islamabad High Court.
Published 18 Mar, 2011 12:00am
Dormant gas fields: IHC moved

Dormant gas fields: IHC moved

The on-going tussle between Sindh government and the Oil and Gas Development Company (OGDCL) over the control of dormant fields took a new turn when a shareholder of the OGDCL fearing a prospective deal challenged the matter in the Islamabad High Court.
Published 18 Mar, 2011 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (March 17, 2011).

Published 18 Mar, 2011 12:00am
Dormant gas fields: IHC moved

Dormant gas fields: IHC moved

The on-going tussle between Sindh government and the Oil and Gas Development Company (OGDCL) over the control of dormant fields took a new turn when a shareholder of the OGDCL fearing a prospective deal challenged the matter in the Islamabad High Court.
Published 18 Mar, 2011 12:00am