News Archives for Print - 2011-07-23

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Friday (July 22, 2011).

Published 23 Jul, 2011 12:00am

FY2010-11: fiscal deficit at almost six percent of GDP

The net revenue collection of the Federal Board of Revenue (FBR) for 2010-11 stood at Rs 1550 billion against the annual target of Rs 1588 billion, reflecting a shortfall of Rs 38 billion. It is learnt here on Friday that the reconciled figures of the FBR

Published 23 Jul, 2011 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Friday (July 22, 2011).

Published 23 Jul, 2011 12:00am

FY2010-11: fiscal deficit at almost six percent of GDP

The net revenue collection of the Federal Board of Revenue (FBR) for 2010-11 stood at Rs 1550 billion against the annual target of Rs 1588 billion, reflecting a shortfall of Rs 38 billion. It is learnt here on Friday that the reconciled figures of the FBR

Published 23 Jul, 2011 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Friday (July 22, 2011).

Published 23 Jul, 2011 12:00am

Wheat exports cross 1.7 million tons mark

Pakistan''s wheat exports crossed 1.7 million tons mark during last fiscal year 2010-11 because of bumper crop and rising demand in the international market.

Published 23 Jul, 2011 12:00am

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (July 22, 2011).

Published 23 Jul, 2011 12:00am

Wheat exports cross 1.7 million tons mark

Pakistan's wheat exports crossed 1.7 million tons mark during last fiscal year 2010-11 because of bumper crop and rising demand in the international market.

Published 23 Jul, 2011 12:00am

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Friday (July 22, 2011).

Published 23 Jul, 2011 12:00am

Wheat exports cross 1.7 million tons mark

Pakistan's wheat exports crossed 1.7 million tons mark during last fiscal year 2010-11 because of bumper crop and rising demand in the international market.

Published 23 Jul, 2011 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (July 22, 2011).

Published 23 Jul, 2011 12:00am

MoF concedes before ECC: country experiencing high inflation in region

The finance ministry has conceded before the Economic Co-ordination Committee of the Cabinet (ECC) that the country has been experiencing considerably high inflationary pressure in the region.

Published 23 Jul, 2011 12:00am

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi

Published 23 Jul, 2011 12:00am

MoF concedes before ECC: country experiencing high inflation in region

The finance ministry has conceded before the Economic Co-ordination Committee of the Cabinet (ECC) that the country has been experiencing considerably high inflationary pressure in the region.

Published 23 Jul, 2011 12:00am

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d

Published 23 Jul, 2011 12:00am

MoF concedes before ECC: country experiencing high inflation in region

The finance ministry has conceded before the Economic Co-ordination Committee of the Cabinet (ECC) that the country has been experiencing considerably high inflationary pressure in the region.

Published 23 Jul, 2011 12:00am

Karachi interbank rates

Karachi interbank rates on Friday (July 22, 2011).

Published 23 Jul, 2011 12:00am

KSE-30 index, KMI-30 index composition criteria amended

The Governing Board of Directors of Karachi Stock Exchange (KSE), on the recommendation of the Companies Affairs/Corporate Governance Committee has decided to amend the prerequisite/eligibility criteria for inclusion of companies in KSE-30 and KMI-30 indi

Published 23 Jul, 2011 12:00am

About MCB Bank Limited

With more than 60 years of experience as one of the leading banks in Pakistan, was incorporated on July 9 in 1947. The bank has journeyed remarkable tenure of more than half a century of competitively edged and well positioned heights of success by deploy

Published 23 Jul, 2011 12:00am

KSE-30 index, KMI-30 index composition criteria amended

The Governing Board of Directors of Karachi Stock Exchange (KSE), on the recommendation of the Companies Affairs/Corporate Governance Committee has decided to amend the prerequisite/eligibility criteria for inclusion of companies in KSE-30 and KMI-30 indi

Published 23 Jul, 2011 12:00am

MCB gain the Customer Confidence over the year

MCB Bank Limited listed itself on UK's London Stock Exchange (LSE) through the launch of GDRs in the foreign market in 2006 and consequent to the launch, the Bank formally set-up a new department to address the requirements of its investors.

Published 23 Jul, 2011 12:00am

KSE-30 index, KMI-30 index composition criteria amended

The Governing Board of Directors of Karachi Stock Exchange (KSE), on the recommendation of the Companies Affairs/Corporate Governance Committee has decided to amend the prerequisite/eligibility criteria for inclusion of companies in KSE-30 and KMI-30 indi

Published 23 Jul, 2011 12:00am

Corporation Information Dessimination An Essential Ingredient For Investment or Relationship

After the global financial turmoil, the corporate reporting model which has been the topic of a slow debate for a decade or more suddenly picks up the brisk momentum in the financial and investor market today.

Published 23 Jul, 2011 12:00am

BRIndex30 down 1.46 points

On Friday, the BRIndex30 opened at 8,905.29 points. It touched the intra-day high of 8,978.78 points and low of 8,898.35 points and closed at 8,903.83 points with a net negative change of -1.46 points, or -0.02 percent lower than previous close. The volum

Published 23 Jul, 2011 12:00am

Investor Relations: Managing Constitiency Relationship, Enhancing Corporate Valuation!!

Investors Relations (IR) is a strategic function of a quoted company comprising of broad range of activities that help the entity communicate effectively with its interconnected and multidimensional constituency of current & potential investors, financial

Published 23 Jul, 2011 12:00am

BRIndex30 down 1.46 points

On Friday, the BRIndex30 opened at 8,905.29 points. It touched the intra-day high of 8,978.78 points and low of 8,898.35 points and closed at 8,903.83 points with a net negative change of -1.46 points, or -0.02 percent lower than previous close. The volum

Published 23 Jul, 2011 12:00am

Pakistan IPO Summit-2011

An IPO is one way for private equity companies to raise capital in the growth and development stage and is a critical factor for the success of an economy. Although, Pakistan's capital market offers great horizons and opportunities both for green-field pr

Published 23 Jul, 2011 12:00am

Early gains wiped out

The share market on Friday opened on a strong positive note and the index breached 12,500 points level to hit 12,542.39 points. However, the investors opted for profit taking in the second half and the index dropped into negative at 12,469.13 points intra

Published 23 Jul, 2011 12:00am

Message from CEO, HBL Asset Management

It is my privilege to be part of what I think is a very important seminar on Investor Relations being organised by South Asian Federation of Exchanges (SAFE) here in Karachi. Now, more than ever before, we need to promote investor education and build long

Published 23 Jul, 2011 12:00am

Early gains wiped out

The share market on Friday opened on a strong positive note and the index breached 12,500 points level to hit 12,542.39 points. However, the investors opted for profit taking in the second half and the index dropped into negative at 12,469.13 points intra

Published 23 Jul, 2011 12:00am

Message from Secretary General, SAFE

The start of formal training about the field of Investor Relations (IR) is yet another initiative of SAFE. Its purpose is to encourage and guide the listed companies to serve the fundamental informational needs of their investors by regularly communicatin

Published 23 Jul, 2011 12:00am

Early gains wiped out

The share market on Friday opened on a strong positive note and the index breached 12,500 points level to hit 12,542.39 points. However, the investors opted for profit taking in the second half and the index dropped into negative at 12,469.13 points intra

Published 23 Jul, 2011 12:00am

Message from Vice Chairman SAFE

It is an honour for me to invite you all from the platform of South Asian Federation of Exchanges (SAFE) to a one-day seminar on Investor Relations organised by SAFE. This seminar is destined to become a first step towards a safer and secure capita market

Published 23 Jul, 2011 12:00am

Eurozone braces for first default in Greek bailout

Greece headed on Friday towards the first default in the eurozone''s history after European leaders struck a grand bargain with banks to save the single currency from an epic debt crisis.

Published 23 Jul, 2011 12:00am

MUHAMMAD ALI

It gives me an immense pleasure to announce the holding of one day Investor Relations Seminar by South Asian Federation of Exchanges (SAFE). Professional and academic literature is increasingly documenting the importance of investor relations for the publ

Published 23 Jul, 2011 12:00am

Eurozone braces for first default in Greek bailout

Greece headed on Friday towards the first default in the eurozone's history after European leaders struck a grand bargain with banks to save the single currency from an epic debt crisis.

Published 23 Jul, 2011 12:00am

MUHAMMAD ALI

I am pleased to know that the South Asian Federation of Exchanges (SAFE) has taken the initiative of holding a series of seminars on 'Investor Relation's across Pakistan. On behalf of the Securities and Exchange Commission of Pakistan (SECP), I appreciate

Published 23 Jul, 2011 12:00am

Eurozone braces for first default in Greek bailout

Greece headed on Friday towards the first default in the eurozone's history after European leaders struck a grand bargain with banks to save the single currency from an epic debt crisis.

Published 23 Jul, 2011 12:00am

BRIDGE NOTES: The last laugh

Defense in bridge is never easy. Some players are born defenders and can work out the declarer's weak spots and the possible honours he holds almost to the last spot card. It is an art that is not everyone's, forte and therefore such defenders are tough c

Published 23 Jul, 2011 12:00am

Utilisation of Export Market Development Fund: AGP unearths massive irregularities

The Auditor General of Pakistan has unearthed massive financial irregularities in utilisation of Export Market Development Fund (EMDF) of Commerce Ministry, including hiring of event manager firm for ''World Expo China 2010'', in violation of PPRA Rules.

Published 23 Jul, 2011 12:00am

Ibne Safi - beyond the borders

Ibne Safi wrote impeccable, accurate, authentic, modern, industrial-age Urdu proving that it can be done while following all the rules of the language. He standardized Urdu to a level that excerpts from his works could be considered as a template to teach

Published 23 Jul, 2011 12:00am

Utilisation of Export Market Development Fund: AGP unearths massive irregularities

The Auditor General of Pakistan has unearthed massive financial irregularities in utilisation of Export Market Development Fund (EMDF) of Commerce Ministry, including hiring of event manager firm for 'World Expo China 2010', in violation of PPRA Rules.

Published 23 Jul, 2011 12:00am

ART FACTS: True interpretation of human spirit

Saeed Akhtar - an aspiring artist of diversified skills and an inspiring icon in the visual arts arena who has played a highly significant role in the promotion of art in Pakistan - launched an exquisite sketch book recently at Ejaz Gallery, Lahore.

Published 23 Jul, 2011 12:00am

Utilisation of Export Market Development Fund: AGP unearths massive irregularities

The Auditor General of Pakistan has unearthed massive financial irregularities in utilisation of Export Market Development Fund (EMDF) of Commerce Ministry, including hiring of event manager firm for 'World Expo China 2010', in violation of PPRA Rules.

Published 23 Jul, 2011 12:00am

KARACHI CHRONICLE: And now gas shortage

The day is not far when the gas shortage will lead to riots, deaths, paralysis of the city due to strikes, closure of some more small industries and businesses. Any kind of shortage, such as the power and water have thrown up and even shortage of food esp

Published 23 Jul, 2011 12:00am

Nandipur hydropower project: ECC fails to resolve controversy

The Economic Co-ordination Committee (ECC) of the Cabinet has failed in resolving the controversy between the Ministry of Law and Ministry of Water and Power over altering of financial documents pertaining to 425 mw Nandipur hydropower project without for

Published 23 Jul, 2011 12:00am

Cameron, Murdoch face parliament on phone-hacking scandal

British Prime Minister David Cameron was facing questions from lawmakers on Tuesday on his handling of the widening News International phone-hacking scandal implicating the British police and top government officials. Cameron's appearance comes one day af

Published 23 Jul, 2011 12:00am

Nandipur hydropower project: ECC fails to resolve controversy

The Economic Co-ordination Committee (ECC) of the Cabinet has failed in resolving the controversy between the Ministry of Law and Ministry of Water and Power over altering of financial documents pertaining to 425 mw Nandipur hydropower project without for

Published 23 Jul, 2011 12:00am

The humble word from an arrogant man

We now know that Rupert Murdoch planned to read the text of a prepared statement to the UK House of Commons Select Committee on Culture, Media and Sports. Although, he was not allowed to do so at the start of the hearing he did manage to do so at the end.

Published 23 Jul, 2011 12:00am

Nandipur hydropower project: ECC fails to resolve controversy

The Economic Co-ordination Committee (ECC) of the Cabinet has failed in resolving the controversy between the Ministry of Law and Ministry of Water and Power over altering of financial documents pertaining to 425 mw Nandipur hydropower project without for

Published 23 Jul, 2011 12:00am

Aaj TV - Saturday's schedule

All timings are in PST (Pakistan Standard Time).

Published 23 Jul, 2011 12:00am

Railways restores suspended train services: PSO resumes diesel supply

Pakistan Railways (PR) on Friday restored suspended train services after resumption of diesel supply from Pakistan State Oil (PSO). The PR received two trains of diesel from PSO carrying 1.3 million-litre after paying Rs179 million to the later, sources s

Published 23 Jul, 2011 12:00am

New York cotton

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

Published 23 Jul, 2011 12:00am

Railways restores suspended train services: PSO resumes diesel supply

Pakistan Railways (PR) on Friday restored suspended train services after resumption of diesel supply from Pakistan State Oil (PSO). The PR received two trains of diesel from PSO carrying 1.3 million-litre after paying Rs179 million to the later, sources s

Published 23 Jul, 2011 12:00am

New York cotton

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

Published 23 Jul, 2011 12:00am

Railways restores suspended train services: PSO resumes diesel supply

Pakistan Railways (PR) on Friday restored suspended train services after resumption of diesel supply from Pakistan State Oil (PSO). The PR received two trains of diesel from PSO carrying 1.3 million-litre after paying Rs179 million to the later, sources s

Published 23 Jul, 2011 12:00am

New York cotton settles higher

Cotton futures ended slightly higher Friday on investor buying in light trade as players appeared to be marking time ahead of Monday's USDA crop progress report, analysts said. Benchmark December on ICE Futures US inched up 0.01 cent to close at 98.64 cen

Published 23 Jul, 2011 12:00am

Attacks trigger widespread condemnation

Western governments lined up to condemn twin attacks in Norway Friday, saying the "cowardly" perpetrators had shown a complete lack of humanity as they vowed to step up intelligence co-operation.

Published 23 Jul, 2011 12:00am

US copper lower

Copper ended down for a second straight day on Thursday, after data showing a contraction in China's vast manufacturing sector lessened some demand optimism in the world's top metals consumer.

Published 23 Jul, 2011 12:00am

Attacks trigger widespread condemnation

Western governments lined up to condemn twin attacks in Norway Friday, saying the "cowardly" perpetrators had shown a complete lack of humanity as they vowed to step up intelligence co-operation.

Published 23 Jul, 2011 12:00am

Shanghai copper up

The most-active October copper contract on the Shanghai Futures Exchange rose 40 yuan to close at 72,190 yuan per tonne on Friday. There is also concern that the US government's plan to cut spending could lead to slower copper demand, analysts said.

Published 23 Jul, 2011 12:00am

17 killed in Norway twin attacks

Twin shooting and bomb attacks left at least 17 reported dead in Norway on Friday as a gunman disguised as a policeman opened fire at a youth camp and a bomb blast tore through government buildings. Many were also reported wounded from the explosion in ce

Published 23 Jul, 2011 12:00am

Copper slips

Copper inched lower on Friday as the euro fell against the dollar on concerns over the eurozone debt crisis, but worries about supply from Chile, where workers went on strike at the world's largest copper mine, lent support.

Published 23 Jul, 2011 12:00am

17 killed in Norway twin attacks

Twin shooting and bomb attacks left at least 17 reported dead in Norway on Friday as a gunman disguised as a policeman opened fire at a youth camp and a bomb blast tore through government buildings. Many were also reported wounded from the explosion in ce

Published 23 Jul, 2011 12:00am

Brent crude rises on spread buying

Brent crude oil jumped 1 percent to top $118 in light trade on Friday, buoyed by Europe's latest agreement to bail out Greece and by spread buying which widened the gap between London and US crude.

Published 23 Jul, 2011 12:00am

China warns US not to interfere in its territorial disputes

China warned the United States on Friday not to interfere in territorial disputes with its Asian neighbours over the South China Sea, during talks with US Secretary of State Hillary Clinton.

Published 23 Jul, 2011 12:00am

Tokyo rubber slips; Shanghai up

Key Tokyo rubber futures eased on Friday, hurt by a firmer yen and weak data from Europe and China that raised concerns about slowing global growth, although it held above a key technical level. The key Tokyo Commodity Exchange rubber contract for Decembe

Published 23 Jul, 2011 12:00am

China warns US not to interfere in its territorial disputes

China warned the United States on Friday not to interfere in territorial disputes with its Asian neighbours over the South China Sea, during talks with US Secretary of State Hillary Clinton.

Published 23 Jul, 2011 12:00am

Rotterdam vegetable oil prices

Friday's Rotterdam vegetable oil prices at 1600 GMT.

Published 23 Jul, 2011 12:00am

13 killed in Karachi violence

Thirteen people were killed and 24 injured in Malir, Landhi, Quaidabad and other areas on Friday in a fresh wave of violence in Karachi. Around 7 am, a group of armed men, carrying heavy weapons and highly sensitive communication devices entered Malir and

Published 23 Jul, 2011 12:00am

Rotterdam vegetable oil prices

Friday's Rotterdam vegetable oil prices at 1600 GMT.

Published 23 Jul, 2011 12:00am

13 killed in Karachi violence

Thirteen people were killed and 24 injured in Malir, Landhi, Quaidabad and other areas on Friday in a fresh wave of violence in Karachi. Around 7 am, a group of armed men, carrying heavy weapons and highly sensitive communication devices entered Malir and

Published 23 Jul, 2011 12:00am

Malaysian palm oil up

Malaysian palm oil futures bounced on Friday as firmer overseas markets and fresh talk of a dip in production lifted sentiment. The palm oil market has been choppy in the past week as concerns over the US and euro debt crisis deepened this week.

Published 23 Jul, 2011 12:00am

New York sugar surges

Raw sugar vaulted higher to close up more than 3 percent on Thursday, on talk that the main growing region in top producer Brazil is producing less than expected, while US cocoa eased in thin dealings as West African selling added pressure.

Published 23 Jul, 2011 12:00am

Liffe sugar jumps

Sugar futures surged to contract highs on Friday as a reduced outlook for Brazilian production increased concern about nearby supply tightness, while hedge selling helped to trigger a dip in cocoa prices. Downward revisions to top sugar producer Brazil's

Published 23 Jul, 2011 12:00am

US gold drops

Gold fell on Thursday, extending its drop from a recent record high as signs of progress on debt deals in Europe and the United States drew investors to riskier assets at the expense of safe havens.

Published 23 Jul, 2011 12:00am

Gold steadies in Asia

Gold held steady below $1,600 on Friday, after the eurozone leaders reached an agreement on a Greece bailout plan, but prices are expected to be rangebound as investors keep an eye on the progress made in US debt talks. Spot gold was flat at $1,588.04 an

Published 23 Jul, 2011 12:00am

Gold soars in Europe

Gold rose 1 percent on Friday, erasing early losses, as reservations over this week's bailout plan for debt-laden Greece and concerns over negotiations to raise the US debt ceiling lifted interest in the metal as a safe store of value.

Published 23 Jul, 2011 12:00am

US MIDDAY: sugar surges

Raw sugar futures on ICE surged to a five-month high and white sugar pierced a contract high on Friday, on concern about tight nearby supplies, while cocoa posted its biggest decline in nearly three months. Arabica coffee futures slid to a six-month low w

Published 23 Jul, 2011 12:00am

US MIDDAY: wheat and corn down

Chicago Board of Trade wheat futures fell in early trading on Friday due to light demand for US supplies on the export market and pressure from a firm dollar, traders said. Corn futures also fell on forecasts for cooler and wetter weather in the US Midwes

Published 23 Jul, 2011 12:00am

US MIDDAY: copper up

Copper ended easier Friday, surrendering early gains alongside a back-pedalling euro, while traders assessed mixed supply/demand fundamentals amid a surprisingly strong summer rally.

Published 23 Jul, 2011 12:00am

US MIDDAY: gold rises

Gold rose about 1 percent early on Friday, nearing this week's record high as reservations over a bailout plan for debt-laden Greece and concerns over talks to raise the US debt ceiling spurred safe-haven buying of precious metals. Adding to the uncertain

Published 23 Jul, 2011 12:00am

Ultimately scrambled GST

The General Sales Tax (GST) was challenged by the Government of Pakistan and the International Monetary Fund (IMF) as it was not in line with the Value Added Tax (VAT) mode. The VAT modified/tailored to the need of Pakistan economy in the shape of GST was

Published 23 Jul, 2011 12:00am

Cuba takes measures to relieve housing crisis

Georgina Emma Brizuela, who lives in the Havana neighbourhood of San Miguel del Padron, decided two years ago to become the legal owner of her home. In July 2009, she embarked on a lengthy administrative battle, which the Cuban press describes as "a real

Published 23 Jul, 2011 12:00am

Amid clampdown in Homs, Syrians in Lebanon fear for home

The news of a security clampdown by Syrian troops in Homs ahead of planned protests Friday quickly spread to Lebanon and was a cause for concern for many Syrians who call the central city home. "It just give me heartache to hear that our own army is seizi

Published 23 Jul, 2011 12:00am

'Vulgar' economists

William of Occam provided, in the 14th Century, the basis for shaving off unnecessary costs from industrial intervention by cleverly, metaphorically referring to it as the shaving off unnecessary hair from wherever. The razor comes from the idea of shavin

Published 23 Jul, 2011 12:00am

Vigilante (in)justice?

In a country where governance is at its lowest ebb and justice nowhere in sight, rising cases of citizens taking law into their own hands show the intensity of pent up aggression within the people. Recent reports from Faisalabad reveal the registering of

Published 23 Jul, 2011 12:00am

Washington's push for aid recognition

Of course no country would give aid and assistance to the under-privileged people in another country only as a matter of generosity; it would like to achieve certain objectives, generally those that should help increase its political and diplomatic influe

Published 23 Jul, 2011 12:00am

Call to purge Railways from corrupt, inefficient elements

Pakistan Poultry Association (PPA)'s former chairman Abdul Basit has called for purging Pakistan Railways from corrupt and inefficient elements to save this one of the largest and strategically important institutions of the country from complete destructi

Published 23 Jul, 2011 12:00am

Delay in announcement of Matric results: chief minister Punjab takes notice, orders inquiry

Punjab Chief Minister, Shahbaz Sharif has taken notice of the delay in the announcement of the results of matriculation examination and ordered inquiry against authorities concerned of Lahore Board of Intermediate and Secondary Education.

Published 23 Jul, 2011 12:00am

PFMA chief barred from exercising his powers

Director General (Trade Organisation) has barred Pakistan Flour Mills Association (PFMA) Zone-I (Punjab) Chairman Mujahid Khurshid from exercising his powers to convene and preside over any meeting or conduct negotiation with any forum on behalf of the as

Published 23 Jul, 2011 12:00am

PRGMEA chief optimistic about garment industry growth

Chairman Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA), Ijaz Khokhar Thursday said the woven garment industry has the potential to grow fast, subject to government-friendly policies ahead.

Published 23 Jul, 2011 12:00am

LRMAIS an excellent public service project: chief minister Punjab

Punjab Chief Minister Muhammad Shahbaz Sharif has said that Land Record Management and Information System (LRMAIS) is an excellent public service project due to which people will not only get rid of corrupt mafia but it will create conveniences in transfe

Published 23 Jul, 2011 12:00am

Acting CJ LHC visits bar office

Acting Chief Justice of Lahore High Court, Justice Sh Azmat Saeed along-with other judges visited LHC Bar Association office here Friday. Bar office bearers and other lawyers gave warm welcome to the judges and thanked acting CJ for accepting their invita

Published 23 Jul, 2011 12:00am

M.A students: college directed to provide roll number slips

Lahore High Court here Friday directed Al-Haram College of Education Faisalabad to provide role number slips to its M.A (part I) students and restrained Sargodha University from announcing the result till final decision by the court.

Published 23 Jul, 2011 12:00am

LHC orders ETPB chief to regularise services of 470 employees

The Lahore High Court on Friday ordered Chairman, Evacuee Trust Property Board (ETPB) to implement the federal government's decision and regularise services of 470 daily wages and 61 contract employees and also release their withheld salaries within seven

Published 23 Jul, 2011 12:00am

Free medicines being provided to 2,000 heart patients daily at PIC

On the directions of the Chief Minister Punjab Shahbaz Sharif, free treatment facilities are being provided to the patients here at the Punjab Institute of Cardiology (PIC).

Published 23 Jul, 2011 12:00am

Leasing parking plaza slots: reply from local government sought by July 30

Lahore High Court here Friday restrained local government from holding bidding to lease out parking slots outside 400 private plazas in the city and sought reply from secretary local government till July 30. The bidding was scheduled to be held on July 23

Published 23 Jul, 2011 12:00am

Unscheduled power outages: trade bodies to protest on 25th: SCCI

All trade bodies including Sialkot Chamber of Commerce and Industry (SCCI) and general public have expressed deep concern over the worst outages of 16-18 hours daily in Sialkot.

Published 23 Jul, 2011 12:00am

Traders urged not to overcharge during Ramazan

The Federation of Pakistan Chamber of Commerce and Industry (FPCCI), an apex body of chambers and traders in the country, on Friday urged all traders, businessmen and vendors not to overcharge people during the holy month of Ramazan.

Published 23 Jul, 2011 12:00am

Currency	Rate
USD PKR Interbank Selling / Dec 24	278.53
USD PKR Interbank Buying / Dec 24	278.33
USD to Japanese Yen / Dec 24	157.10
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
S&P 500 / Dec 23	5,974.07
Nasdaq / Dec 23	19,764.89
Dow Jones / Dec 23	42,906.95
Germany DAX 30 / Dec 23	19,848.77
India Sensex / Dec 24	78,616.57
Tokyo Nikkei / Dec 24	39,036.85
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,130.86

Item	Value
Gold 10 Grams PKR / Dec 23	241,087.80
Petrol/Litre / Dec 24	252.10
Crude Oil USD/Barrel / Dec 24	69.54
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
Gold Spot USD/Ounce / Dec 24	2,618.54
Diesel/Litre / Dec 24	255.38

Stock	Price
Sec. Inv. Bank / Dec 24 Security Investment Bank Limited(SIBL)	5.99 ▲ 1.00 (20.04%)
Next Capital / Dec 24 Next Capital Limited(NEXT)	8.90 ▲ 1.00 (12.66%)
Pak Agro Pack. (GEM) / Dec 24 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9 ▲ 1.00 (12.50%)
Ghani Chem. Ind. / Dec 24 Ghani Chemical Industries Limited(GCIL)	16.13 ▲ 1.47 (10.03%)
Pak Gulf Leasing / Dec 24 Pak-Gulf Leasing Company Limited(PGLC)	14.37 ▲ 1.31 (10.03%)
Popular Islamic / Dec 24 Popular Islamic Modaraba(PIM)	15.58 ▲ 1.42 (10.03%)
Mandviwala / Dec 24 Mandviwala Mauser Plastic Industries(MWMP)	16.59 ▲ 1.51 (10.01%)
Blessed Tex. / Dec 24 Blessed Textiles Limited(BTL)	301.77 ▲ 27.43 (10.00%)
Crescent Cotton / Dec 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5.00 (10.00%)

Stock	Price
S.G.Power / Dec 24 S.G. Power Limited(SGPL)	10.58 ▼ -1.18 (-10.03%)
Olympia Mills / Dec 24 Olympia Mills Limited(OML)	36 ▼ -4.00 (-10.00%)
J.A.Textile / Dec 24 J.A. Textile Mills Limited(JATM)	33.95 ▼ -3.77 (-9.99%)
Sanghar Sugar / Dec 24 Sanghar Sugar Mills Limited(SANSM)	26.16 ▼ -2.90 (-9.98%)
I.C.C. Ind. / Dec 24 ICC Industries Limited(ICCI)	9.85 ▼ -1.07 (-9.80%)
National Silk / Dec 24 The National Silk & Rayon Mills Limited(NSRM)	50.01 ▼ -5.43 (-9.79%)
Gulshan Sp. / Dec 24 Gulshan Spinning Mills Limited(GSPM)	4.10 ▼ -0.40 (-8.89%)
Crescent Fib. / Dec 24 Crescent Fibres Limited(CFL)	40.16 ▼ -3.81 (-8.66%)
Reliance Ins. / Dec 24 Reliance Insurance Company Limited(RICL)	11.55 ▼ -1.05 (-8.33%)

Stock	Volume
WorldCall Telecom / Dec 24 Worldcall Telecom Limited(WTL)	126,573,463 ▲ 0.05
Fauji Foods Ltd / Dec 24 Fauji Foods Limited(FFL)	66,984,381 ▲ 0.49
Cnergyico PK / Dec 24 Cnergyico PK Limited(CNERGY)	66,471,663 ▼ -0.27
Pak Elektron / Dec 24 Pak Elektron Limited(PAEL)	38,651,653 ▼ -1.53
K-Electric Ltd. / Dec 24 K-Electric Limited(KEL)	36,108,956 ▼ -0.18
Sui South Gas / Dec 24 Sui Southern Gas Company Limited(SSGC)	33,467,532 ▼ -0.50
P.T.C.L. / Dec 24 Pakistan Telecommunication Company Ltd(PTC)	33,030,118 ▼ -1.31
TRG Pak Ltd / Dec 24 TRG Pakistan Limited(TRG)	29,441,264 ▲ 3.35
Pace (Pak) Ltd. / Dec 24 Pace (Pakistan) Limited(PACE)	28,106,970 ▼ -0.18

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