News Archives for Print - 2011-06-24

The spirit of checks and balances

In a poor country where even the legitimate demands and aspirations of its citizenry far outweigh the available resources the importance of judicious use of these resources becomes a critical component of the national agenda. As a consequence, the role of

Published 24 Jun, 2011 12:00am

Country may face sugar shortage in coming months: smuggling to Afghanistan in bulk quantity

The country may face severe sugar shortage in coming months, as bulk quantity of the commodity has been smuggled to Afghanistan under the guise of brown sugar (unprocessed sugar), Business Recorder learnt here on Thursday. The price of sugar is lik

Published 24 Jun, 2011 12:00am

SNGPL elects 13 new directors

Sui Northern Gas Pipe Line Company has elected 13 new directors in an extraordinary general meeting held on Thursday. The meeting was attended by Chairman SNGPL Mian Misba-ur-Rehman, Managing Director SNGPL Arif Hameed, Company Secretary Uzma Adil Khan an

Published 24 Jun, 2011 12:00am

Alleged theft of Railways locomotives' radiators: FIA broadens scope of investigation by including 12 PR cops

Federal Investigation Agency (FIA) has broadened the scope of investigation in the theft of 11 locomotive's radiators worth Rs 25 million, stolen from Railway Workshop, by including 12 Railway Police officials in the investigation, Business Recorder </

Published 24 Jun, 2011 12:00am

Pakistani makes drones for peaceful use despite challenges

In Pakistan's commercial hub, a Pakistani is developing his own drone technology despite security challenges arising from the current political climate and the public anger over the US use of the unmanned aircrafts. Located in a narrow industrial lane in
Published 24 Jun, 2011 12:00am

RBCCP signs MoU with Pakistan

There is a tremendous potential to enhance trade and economic ties, a strong desire to become partners in mutually beneficial business activities, co-operation and support between Pakistan and Russia in various sectors. These were some of the highlights o
Published 24 Jun, 2011 12:00am

SSGC recovers Rs 963 million from JJVL

As a part of special recovery initiative, Sui Southern Gas Company (SSGC) has recovered dues of Rs 963 million from Jamshoro Joint Venture Limited (JJVL). Being a customer centric organisation SSGC continuously is striving to facilitate its customers by w
Published 24 Jun, 2011 12:00am

Cleaning campaign: NFEH sets up complaint centre

National Forum for Environment and Health (NFEH) has established a complaint centre to monitor garbage collection from 18 towns of city during the cleaning campaign which started from June 11. The main objective of this centre is to help in the cleaning o
Published 24 Jun, 2011 12:00am

People urged to renew expired CNIC soon

National Database and Registration Authority (Nadra) has urged all citizens to renew their expired Computerised National Identity Cards (CNIC) immediately to avoid any inconvenience in legal, financial and other matters. Nadra GM Punjab of Lahore region C
Published 24 Jun, 2011 12:00am

SU announces exam results

The University of Sindh has announced annual examination 2010 result of BSc (Pass) part-I and part-II Home Economics of the candidates of Dr I.H Zuberi College of Home Economics, Hyderabad, here on Thursday. According to an announcement, total 19 candidat
Published 24 Jun, 2011 12:00am

Saving Pakistan's progeny

Children are the biggest victims of war and conflict in terms of the lost opportunity they represent for the future. This was proven again when the news surfaced of a nine-year-old girl, Sohana Javed, who was abducted from Peshawar and forced into becomin
Published 24 Jun, 2011 12:00am

Rise of drug trade and terrorism

After nearly ten years of the wanton attack on New York's twin towers, symbols of America's economic might, the world is a changed place. And it has changed for the worst. In the name of fighting terrorism, the so-called proponents of "peace", "democracy"
Published 24 Jun, 2011 12:00am

ECB faces tough tests as it prepares for Draghi era

The European Central Bank (ECB) is preparing to change its president in November, amid what has been its most testing times since it took charge of monetary policy for nations sharing the euro 12 years ago. A two-day European Union summit starting Thursda
Published 24 Jun, 2011 12:00am

Why join SCO?

Pakistan is striving to have its status as observer changed to a full member of the Shanghai Co-operation Organisation (SCO). President Zardari participating in the 10th Summit meeting of the Organization at Astana, Kazakhstan has appealed to the Organisa
Published 24 Jun, 2011 12:00am

A case study of increasing infertility in working women

Globalisation is a reality now with far-reaching consequences and influences on our lifestyles, pattern of thinking and life choices. Its because of globalisation that more and more girls are getting educated and hence preferring to delay marriage and mot
Published 24 Jun, 2011 12:00am

Partly Facetious: What's good for the goose should be good for the gander?

"I don't think President Zardari really likes Nawaz Sharif."
Published 24 Jun, 2011 12:00am

Punjab Assembly passes Finance Bill 2011

Punjab Assembly in its 27th session here on Thursday passed 'Punjab Finance Bill 2011. Speaker Rana Muhammad Iqbal chaired the meeting. In the session 'Lahore Ring Road Authority Bill 2011' and 'The Punjab Food Authority Bill 2011' were too passed on the
Published 24 Jun, 2011 12:00am

Budget 2011-12: Rs 8,500 million allocated for urban development sector

The Punjab government has allocated an amount of Rs 8,500 million in the budget 2011-12 for urban development sector, which is higher than the revised allocation of Rs 8105 million for the year 2010-11. As per budget document 2011-12, major emphasis is on
Published 24 Jun, 2011 12:00am

Imported petrol not suitable for Pakistan, claim dealers

The petroleum dealers in a letter to the federal government complained that the recently imported 120,000 tons of petrol is highly volatile and not suitable for high temperature regions like Pakistan. According to sources in the Ministry of Petroleum and
Published 24 Jun, 2011 12:00am

Islamabad police nab six including two lady smugglers

Islamabad Police during its campaign against the criminals have nabbed six persons including two lady smugglers for their alleged involvement in different crimes and police recovered one pistol, three kg charas and 20 bottles of liquor from them. During t
Published 24 Jun, 2011 12:00am

Need stressed to develop Shariah-compliant risk management infrastructure

Yaseen Anwar, Deputy Governor, State Bank of Pakistan has stressed the need for the development of a robust Shariah compliant risk management infrastructure in Pakistan's Islamic banking industry that will enable both the Islamic banks and their clients t
Published 24 Jun, 2011 12:00am

Nepal keen to join TAPI gas pipeline project

In an exclusive interview, the Nepalese Charge d'affaires, D.P. Bhandari, revealed that Nepal may join the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline to meet its rising domestic energy demand. Bhandari added that Nepal is being selected a
Published 24 Jun, 2011 12:00am

500g fine heroin seized; woman held

Pakistan Customs Drug Enforcement Cell (DEC), Karachi Airport Unit recovered and seized 500g fine quality heroin concealed in capsules inside body cavities of a lady passenger. According to details, Customs DEC staff while clearing the outgoing internatio
Published 24 Jun, 2011 12:00am

Wapda official kidnapped in Quetta

The Chief Engineer Wapda was kidnapped on Thursday morning by the armed men in the Satellite Town area of Quetta city, police said. According to the police Abdul Rauf, the Wapda official was way to his office from home when unknown armed men intercepted h
Published 24 Jun, 2011 12:00am

FBR working on broadening tax net

Chief Commissioner, Regional Tax Office, Abbottabad, Pir Pervez Alam has said that the Federal Board of Revenue (FBR) is trying to broaden the tax net and minimise the burden of tax on existing tax payers in the country.
Published 24 Jun, 2011 12:00am

Pakistan's envoys designate call on Gilani

Prime Minister Syed Yousuf Raza Gilani on Thursday directed Pakistan's envoys to focus their energies for promotion of Pakistan's trade, economic and political interests and pro-actively work for enhancing the overall image of the country abroad.
Published 24 Jun, 2011 12:00am

PPMA urges withdrawal of 17 percent GST on plant, machinery

The Pakistan Pharmaceutical Manufacturers Association (PPMA) expressed concerns over levy of 17 percent General Sales Tax (GST) on plants and machineries and non-announcement of zero rate GST for pharma industry. Pakistan Pharmaceutical Manufacturers Asso
Published 24 Jun, 2011 12:00am

Cut in ST, abolition of SED: impact to be visible on prices from July 1: traders

The impact of a one percent reduction in the rate of sales tax and abolition of the 2.5 percent Special Excise Duty (SED) would be visible on prices from July 1, 2011 onwards, traders said. The post budget increase in prices of certain consumer goods can
Published 24 Jun, 2011 12:00am

Women trade fair from June 25

Women Business Development Centre (WBDC), Khyber Pakhtunkhwa has finalised all arrangements to hold a two-day Inter-provincial Women Summer Trade Fair from June 25 in the province. The exhibition basic aim is to encourage and develop linkages between wome
Published 24 Jun, 2011 12:00am

Pakistan needs all help it can get from militias

Dilawar Khan often gets phone calls that would fill others with dread - threats from the Pakistani Taliban to behead him. He gives his usual response: Not if he kills them first. Khan, leader of a Pashtun tribal militia, joined forces with Pakistani secur
Published 24 Jun, 2011 12:00am

CCP imposes Rs one million fine on PSAA for cartelisation

A three member bench of the Competition Commission of Pakistan (CCP) issued its order in the matter of cartelization by Pakistan Ship's Agents Association (PSAA), holding that PSAA had violated Section 4 of the Competition Act, 2010 by recommending a rang
Published 24 Jun, 2011 12:00am

Danida Pakistan programme: Denmark to spend $28 million on projects

The government of Denmark would spend $28 million on its two-year development programme in Pakistan under the Danish International Development Agency (Danida). The Danida Pakistan programme was formally launched here on Thursday in the presence of represe
Published 24 Jun, 2011 12:00am

Wapda Chairman visits Mangla Power House

Chairman of Pakistan Water and Power Development Authority (Wapda), Shakil Durrani, visited Mangla Power House to look into the rehabilitation works at Unit No 5. He was accompanied by General Manager Mangla Dam Raising Project, Chief Engineer Mangla Dam
Published 24 Jun, 2011 12:00am

Pakistan keen on more trade with Japan: PJBF

Pakistan needs to successfully overcome the menace of terrorism that afflicts this beautiful land, improve the law and order situation, and take a host of other measures before her economy can take off. These views were expressed by Japanese Ambassador Hi
Published 24 Jun, 2011 12:00am

President signs Fata/Pata Regulation bill

President Asif Ali Zardari, on the advice of Prime Minister and on the recommendation of provincial Cabinet of Khyber Pakhtunkhwa, signed Actions in Aid of Civil Power - 2011 Regulations Bill for Fata/Pata into Law at Bilawal House here on Thursday.
Published 24 Jun, 2011 12:00am

NBP Asset Management assigned positive outlook

The Pakistan Credit Rating Agency (Pacra) has assigned 'Positive Outlook' to the asset manager rating 'AM2-' (AM Two Minus) of NBP Fullerton Asset Management Limited (formerly; National Fullerton Asset Management Limited). The rating reflects the company'
Published 24 Jun, 2011 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Thursday (June 23, 2011)

Published 24 Jun, 2011 12:00am

June tax collection to exceed target by Rs 3.7 billion

The enforcement and administrative efforts of the Federal Board of Revenue (FBR) would enable the tax machinery to collect approximately Rs 279.2 billion in June 2011 against the target of Rs 275.5 billion during this period, reflecting an increase of Rs
Published 24 Jun, 2011 12:00am

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Thursday (June 23, 2011).

Published 24 Jun, 2011 12:00am

June tax collection to exceed target by Rs 3.7 billion

The enforcement and administrative efforts of the Federal Board of Revenue (FBR) would enable the tax machinery to collect approximately Rs 279.2 billion in June 2011 against the target of Rs 275.5 billion during this period, reflecting an increase of Rs
Published 24 Jun, 2011 12:00am

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Thursday (June 23, 2011).

Published 24 Jun, 2011 12:00am

Rs 664.399 billion supplementary demands for grants approved

The National Assembly on Thursday approved Rs 664.399 billion supplementary demands for grants of various ministries and departments related to the financial year ending June 30, 2011. The Lower House of the Parliament also approved excess demands for gra
Published 24 Jun, 2011 12:00am

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Thursday (June 23, 2011).

Published 24 Jun, 2011 12:00am

Rs 664.399 billion supplementary demands for grants approved

The National Assembly on Thursday approved Rs 664.399 billion supplementary demands for grants of various ministries and departments related to the financial year ending June 30, 2011. The Lower House of the Parliament also approved excess demands for gra
Published 24 Jun, 2011 12:00am

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Thursday (June 23, 2011).

Published 24 Jun, 2011 12:00am

Rs 664.399 billion supplementary demands for grants approved

The National Assembly on Thursday approved Rs 664.399 billion supplementary demands for grants of various ministries and departments related to the financial year ending June 30, 2011. The Lower House of the Parliament also approved excess demands for gra
Published 24 Jun, 2011 12:00am

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Thursday (June 23, 2011).

Published 24 Jun, 2011 12:00am

Index gains 139.01 points

A bullish trend continued on the third consecutive day and the benchmark KSE-100 index surged by 139.01 points to close at five month highest level of 12,508.42 points on Thursday. After a slight negative opening aggressive buying was seen both from local
Published 24 Jun, 2011 12:00am

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Thursday (June 23, 2011).

Published 24 Jun, 2011 12:00am

Index gains 139.01 points

A bullish trend continued on the third consecutive day and the benchmark KSE-100 index surged by 139.01 points to close at five month highest level of 12,508.42 points on Thursday. After a slight negative opening aggressive buying was seen both from local
Published 24 Jun, 2011 12:00am

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Thursday (June 23, 2011).

Published 24 Jun, 2011 12:00am

Index gains 139.01 points

A bullish trend continued on the third consecutive day and the benchmark KSE-100 index surged by 139.01 points to close at five month highest level of 12,508.42 points on Thursday. After a slight negative opening aggressive buying was seen both from local
Published 24 Jun, 2011 12:00am

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Thursday (June 23, 2011).

Published 24 Jun, 2011 12:00am

BRIndex30 up by 140.94 points

On Thursday, BRIndex30 opened at 8,688.82 and remained in a positive zone throughout the trading session. It touched an intraday high of 8,837.18 and an intraday low of 8,688.82 and closed at 8,829.76 which was 140.94 points or 1.62 percent higher than pr
Published 24 Jun, 2011 12:00am

NJLI YAQEEN GROWTH FUND RATES

NJLI Yaqeen Growth Fund Rates on Thursday (June 23, 2011).

Published 24 Jun, 2011 12:00am

BRIndex30 up by 140.94 points

On Thursday, BRIndex30 opened at 8,688.82 and remained in a positive zone throughout the trading session. It touched an intraday high of 8,837.18 and an intraday low of 8,688.82 and closed at 8,829.76 which was 140.94 points or 1.62 percent higher than pr
Published 24 Jun, 2011 12:00am

NJLI YAQEEN GROWTH FUND RATES

NJLI Yaqeen Growth Fund Rates on Thursday (June 23, 2011).

Published 24 Jun, 2011 12:00am

BRIndex30 up by 140.94 points

On Thursday, BRIndex30 opened at 8,688.82 and remained in a positive zone throughout the trading session. It touched an intraday high of 8,837.18 and an intraday low of 8,688.82 and closed at 8,829.76 which was 140.94 points or 1.62 percent higher than pr
Published 24 Jun, 2011 12:00am

NJLI YAQEEN GROWTH FUND RATES

NJLI Yaqeen Growth Fund Rates on Thursday (June 23, 2011).

Published 24 Jun, 2011 12:00am

Britain involved in Taliban talks: Hague

Britain is involved in talks with the Taliban, Foreign Secretary William Hague said Thursday, days after the United States revealed it was in negotiations to end the Afghan war. "Contacts do take place, but this is an Afghan-led process and Britain will a
Published 24 Jun, 2011 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Thursday (June 23, 2011).

Published 24 Jun, 2011 12:00am

Britain involved in Taliban talks: Hague

Britain is involved in talks with the Taliban, Foreign Secretary William Hague said Thursday, days after the United States revealed it was in negotiations to end the Afghan war. "Contacts do take place, but this is an Afghan-led process and Britain will a
Published 24 Jun, 2011 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Thursday (June 23, 2011).

Published 24 Jun, 2011 12:00am

Bin Laden was worried about replacing senior al Qaeda, Obama says

The international fight against al Qaeda placed the terrorist network under such "enormous strain" that its late leader, Osama bin Laden, worried he could not replace senior operatives who had been killed, the US President said late Wednesday. Obama said
Published 24 Jun, 2011 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Thursday (June 23, 2011).

Published 24 Jun, 2011 12:00am

LSE index gains 37.24 points

Equities on Thursday maintained upward slide on the Lahore Stock Exchange (LSE) and posted gains amid increased trading turnover on account of fresh buying in oil and fertiliser sectors. The LSE-25 index was further improved by 37.24 points and was closed
Published 24 Jun, 2011 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Thursday (June 23, 2011).

Published 24 Jun, 2011 12:00am

LSE index gains 37.24 points

Equities on Thursday maintained upward slide on the Lahore Stock Exchange (LSE) and posted gains amid increased trading turnover on account of fresh buying in oil and fertiliser sectors. The LSE-25 index was further improved by 37.24 points and was closed
Published 24 Jun, 2011 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Thursday (June 23, 2011).

Published 24 Jun, 2011 12:00am

ISE index up by 23.77 points

Gainers outclassed losers the proceedings at the Islamabad Stock Exchange (ISE) where equities showed positive signs under the lead of hot favourite amid increase in index. ISE Ten Index was plus by 23.77 points, as the Index moved from 2,758.06 to 2,781.
Published 24 Jun, 2011 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Thursday (June 23, 2011).

Published 24 Jun, 2011 12:00am

ISE index up by 23.77 points

Gainers outclassed losers the proceedings at the Islamabad Stock Exchange (ISE) where equities showed positive signs under the lead of hot favourite amid increase in index. ISE Ten Index was plus by 23.77 points, as the Index moved from 2,758.06 to 2,781.
Published 24 Jun, 2011 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Thursday (June 23, 2011).

Published 24 Jun, 2011 12:00am

MRC to start functioning by July-August

A long-awaited Mortgage Refinancing Company (MRC), which was initially funded by eight commercial banks and the government, will start functioning by July-August, 2011. This was stated by Imran Ahmad, additional director Infrastructure, Housing & SME Fina
Published 24 Jun, 2011 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Thursday (June 23, 2011).

Published 24 Jun, 2011 12:00am

MRC to start functioning by July-August

A long-awaited Mortgage Refinancing Company (MRC), which was initially funded by eight commercial banks and the government, will start functioning by July-August, 2011. This was stated by Imran Ahmad, additional director Infrastructure, Housing & SME Fina
Published 24 Jun, 2011 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Thursday (June 23, 2011).

Published 24 Jun, 2011 12:00am

MRC to start functioning by July-August

A long-awaited Mortgage Refinancing Company (MRC), which was initially funded by eight commercial banks and the government, will start functioning by July-August, 2011. This was stated by Imran Ahmad, additional director Infrastructure, Housing & SME Fina
Published 24 Jun, 2011 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Thursday (June 23, 2011).

Published 24 Jun, 2011 12:00am

Moosa Lawai, Razzak Yaqoob acquitted in two separate cases

A Special Court (offence in banks) acquitted former President of Muslim Commercial Bank (MCB) Hussain Moosa Lawai and ARY traders Chief Haji Abdul Razzak Yaqoob in US $10 million bank fraud cases giving them the benefit of doubt. Presiding officer
Published 24 Jun, 2011 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Thursday (June 23, 2011).

Published 24 Jun, 2011 12:00am

Moosa Lawai, Razzak Yaqoob acquitted in two separate cases

A Special Court (offence in banks) acquitted former President of Muslim Commercial Bank (MCB) Hussain Moosa Lawai and ARY traders Chief Haji Abdul Razzak Yaqoob in US $10 million bank fraud cases giving them the benefit of doubt. Presiding officer
Published 24 Jun, 2011 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Thursday (June 23, 2011).

Published 24 Jun, 2011 12:00am

Moosa Lawai, Razzak Yaqoob acquitted in two separate cases

A Special Court (offence in banks) acquitted former President of Muslim Commercial Bank (MCB) Hussain Moosa Lawai and ARY traders Chief Haji Abdul Razzak Yaqoob in US $10 million bank fraud cases giving them the benefit of doubt. Presiding officer
Published 24 Jun, 2011 12:00am

EFU GUARANT GROWTH FUND Rates

EFU Guarant Growth Fund Rates on Thursday (June 23, 2011).

Published 24 Jun, 2011 12:00am

Pakistan's foreign exchange reserves flat at $17.52 billion

Foreign exchange reserves were flat at $17.52 billion in the week ending June 18, unchanged from the previous week, a central bank official said on Thursday. Reserves held by the State Bank of Pakistan (SBP) rose to $14.11 billion from $14.09 billion a we
Published 24 Jun, 2011 12:00am

EFU GUARANT GROWTH FUND Rates

EFU Guarant Growth Fund Rates on Thursday (June 23, 2011).

Published 24 Jun, 2011 12:00am

Pakistan's foreign exchange reserves flat at $17.52 billion

Foreign exchange reserves were flat at $17.52 billion in the week ending June 18, unchanged from the previous week, a central bank official said on Thursday. Reserves held by the State Bank of Pakistan (SBP) rose to $14.11 billion from $14.09 billion a we
Published 24 Jun, 2011 12:00am

EFU GUARANT GROWTH FUND Rates

EFU Guarant Growth Fund Rates on Thursday (June 23, 2011).

Published 24 Jun, 2011 12:00am

Pakistan''s foreign exchange reserves flat at $17.52 billion

Foreign exchange reserves were flat at $17.52 billion in the week ending June 18, unchanged from the previous week, a central bank official said on Thursday. Reserves held by the State Bank of Pakistan (SBP) rose to $14.11 billion from $14.09 billion a we
Published 24 Jun, 2011 12:00am

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 24 Jun, 2011 12:00am

Malaysia arrests eight Pakistanis heading to Australia

A news report says Malaysian authorities have arrested eight Pakistanis believed to be waiting to travel illegally to Australia by boat. Immigration official Arzillah Ahmad told the New Straits Times that the Pakistanis, aged 30-40, were found Wednesday h
Published 24 Jun, 2011 12:00am

Clearing Schedule for T+2 System

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

Published 24 Jun, 2011 12:00am

Malaysia arrests eight Pakistanis heading to Australia

A news report says Malaysian authorities have arrested eight Pakistanis believed to be waiting to travel illegally to Australia by boat. Immigration official Arzillah Ahmad told the New Straits Times that the Pakistanis, aged 30-40, were found Wednesday h
Published 24 Jun, 2011 12:00am

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 24 Jun, 2011 12:00am

KSE sees only three IPOs in fiscal year 2011

The KSE-100 index has posted a return of 28.66 percent so far in the current fiscal year FY11 as the index closed at 12,508.42 points from 9,721.91 points, up 2786.51 points. The average daily volumes and value have witnessed a significant dip of 40 perce
Published 24 Jun, 2011 12:00am

Provisionally listed companies

Provisional companies listed in Karachi Stock Exchange.

Published 24 Jun, 2011 12:00am

KSE sees only three IPOs in fiscal year 2011

The KSE-100 index has posted a return of 28.66 percent so far in the current fiscal year FY11 as the index closed at 12,508.42 points from 9,721.91 points, up 2786.51 points. The average daily volumes and value have witnessed a significant dip of 40 perce
Published 24 Jun, 2011 12:00am

Currency	Rate
USD PKR Interbank Selling / May 15	281.68
USD PKR Interbank Buying / May 15	281.43
USD to Japanese Yen / May 15	145.80
USD to Swiss Franc / May 15	0.84
Pound Sterling to USD / May 15	1.33
Euro to USD / May 15	1.12
UK LIBOR % / May 14	4.96

Stock	Volume
S&P 500 / May 14	5,892.58
Nasdaq / May 14	19,146.81
Dow Jones / May 14	42,051.06
India Sensex / May 15	80,937.53
Tokyo Nikkei / May 15	37,755.51
Hang Seng / May 15	23,453.16
FTSE 100 / May 15	8,561.58
Germany DAX 30 / May 15	23,462.44
France CAC40 / May 15	7,814.71

Item	Value
Karachi Cotton PKR/37.32 KG / May 14	16,985
Gold 10 Grams PKR / May 14	293,124
Petrol/Litre / May 15	252.63
Crude Oil USD/Barrel / May 15	60.66
Gold Spot USD/Ounce / May 15	3,162.99
Diesel/Litre / May 15	256.64
Cotton US¢/pound / May 15	65.21

Stock	Price
Cres.Star Ins. / May 15 Crescent Star Insurance Limited(CSIL)	3.02 ▲ 0.41 (15.71%)
Parmount Sp. / May 15 Paramount Spinning Mills Limited(PASM)	3.70 ▲ 0.46 (14.2%)
Ghani Chemworld / May 15 Ghani Chemworld Limited(GCWL)	9.14 ▲ 1 (12.29%)
S.G.Power / May 15 S.G. Power Limited(SGPL)	8.65 ▲ 0.94 (12.19%)
Premier Insurance / May 15 Premier Insurance Limited(PINL)	5.83 ▲ 0.63 (12.12%)
Dewan Mushtaq / May 15 Dewan Mushtaq Textile Mills Limited(DMTM)	9.83 ▲ 1 (11.33%)
Hala Enterprise / May 15 Hala Enterprises Limited(HAEL)	13.26 ▲ 1.21 (10.04%)
P.T.C.L. / May 15 Pakistan Telecommunication Company Ltd(PTC)	22.06 ▲ 2.01 (10.02%)
Flying Cement / May 15 Flying Cement Company Limited(FLYNG)	49.46 ▲ 4.5 (10.01%)
Octopus Digital / May 15 Octopus Digital Limited(OCTOPUS)	52.09 ▲ 4.74 (10.01%)

Stock	Price
Olympia Mills / May 15 Olympia Mills Limited(OML)	50.47 ▼ -5.06 (-9.11%)
Hussain Industries / May 15 Husein Industries Limited(HUSI)	26.65 ▼ -2.64 (-9.01%)
Apna Microfin. / May 15 Apna Microfinance Bank Limited(AMBL)	10.04 ▼ -0.91 (-8.31%)
Askari Life Assur. / May 15 Askari Life Assurance Company Limited(ALAC)	4.63 ▼ -0.35 (-7.03%)
Imperial Limited / May 15 Imperial Limited(IML)	16.52 ▼ -1.23 (-6.93%)
B. F. Mod. / May 15 B.F. Modaraba(BFMOD)	8.73 ▼ -0.61 (-6.53%)
Punjab Oil / May 15 Punjab Oil Mills Limited(POML)	186.82 ▼ -11.54 (-5.82%)
Equity Modaraba / May 15 First Equity Modaraba(FEM)	2.85 ▼ -0.16 (-5.32%)
Pakgen Power / May 15 Pakgen Power Limited(PKGP)	114.14 ▼ -6.39 (-5.3%)
Ashfaq Textile / May 15 Ashfaq Textile Mills Limited(ASHT)	12.34 ▼ -0.68 (-5.22%)

Stock	Volume
Pak Refinery / May 15 Pakistan Refinery Limited(PRL)	50,818,876 ▲ 2.68
Cnergyico PK / May 15 Cnergyico PK Limited(CNERGY)	47,570,881 ▲ 0.48
K-Electric Ltd. / May 15 K-Electric Limited(KEL)	40,246,546 ▲ 0.16
Kohinoor Spining / May 15 Kohinoor Spinning Mills Limited(KOSM)	32,888,417 ▲ 0.18
At-Tahur Ltd. / May 15 At-Tahur Limited(PREMA)	29,667,657 ▲ 4.48
Sui South Gas / May 15 Sui Southern Gas Company Limited(SSGC)	25,344,612 ▲ 0.91
Waves Corporation / May 15 Waves Corporation Limited(WAVES)	21,773,148 ▲ 0.29
Pak Petroleum / May 15 Pakistan Petroleum Limited(PPL)	16,962,449 ▲ 3.34
B.O.Punjab / May 15 The Bank of Punjab(BOP)	16,957,410 ▲ 0.15
WorldCall Telecom / May 15 Worldcall Telecom Limited(WTL)	16,572,822 ▲ 0.03

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