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Print - 2011-09-26
Prime Minister invites political leadership to APC

Prime Minister invites political leadership to APC

In wake of the escalating tension between Pakistan and United States, Prime Minister Syed Yousuf Raza Gilani on Sunday contacted mainstream political leadership to take them into confidence and decided to convene an All Parties Conference (APC) soon to de
Published 26 Sep, 2011 12:00am
'There's a lack of clarity on CGT'

'There's a lack of clarity on CGT'

"Co-ordinated steps are urgently needed to significantly expand the current investor base in the country" said managing director, Lahore Stock Exchange (LSE) Aftab Ahmad Chaudhry. Flanked by LSE directors Ammar-ul-Haq and Jahanzeb Mirza, Chaudhry spoke ex
Published 26 Sep, 2011 12:00am
'There's a lack of clarity on CGT'

'There's a lack of clarity on CGT'

"Co-ordinated steps are urgently needed to significantly expand the current investor base in the country" said managing director, Lahore Stock Exchange (LSE) Aftab Ahmad Chaudhry. Flanked by LSE directors Ammar-ul-Haq and Jahanzeb Mirza, Chaudhry spoke ex
Published 26 Sep, 2011 12:00am
Need for industrial development in KP stressed

Need for industrial development in KP stressed

Khyber Pakhtunkhwa Minister for Commerce and Industries Ahmad Hussain Shah has stressed the need of industrial development and progress for making national economy stronger and sustainable. Addressing the inaugural ceremony of different developmental proj
Published 26 Sep, 2011 12:00am
Sixteen companies working on oil, gas exploration in FATA

Sixteen companies working on oil, gas exploration in FATA

Sixteen oil and gas exploration companies have initiated exploration work in Khyber, Orakzai, North Waziristan and South Waziristan agencies as well as in Frontier Regions (FRs) Peshawar, Kohat, Bannu, Tank and D.I. Khan.
Published 26 Sep, 2011 12:00am
USAID holds workshop for senior PR&CS staff of Discos

USAID holds workshop for senior PR&CS staff of Discos

The US government sponsored a two-day workshop for senior Public Relations (PR) and Customer Services & staff of eight power sector distribution companies (Discos) to introduce the latest practices in communications and outreach. The workshop focused on t
Published 26 Sep, 2011 12:00am
Bid of weapons' smuggling foiled

Bid of weapons' smuggling foiled

Anti-Car Lifting Cell (ACLC) of Islamabad Police foiled an attempt to smuggle huge cache of weapons and recovered six mini-machine guns, 14 Kalashnikovs, four 12 bore pump action, one 12 bore Double Barrel, one Sniper's rifle and over 30,000 rounds from a
Published 26 Sep, 2011 12:00am
Investors invited to support fashion industry

Investors invited to support fashion industry

The rapidly growing fashion industry of Pakistan has created interest for fashion lovers of different cultures and invited investors to support the fashion industry in Pakistan.
Published 26 Sep, 2011 12:00am
Americans convicted in Iran as spies arrive in US

Americans convicted in Iran as spies arrive in US

Two US citizens sentenced in Iran to eight years in jail for spying arrived in New York on Sunday accompanied by family four days after being released by Iranian authorities. Shane Bauer and Josh Fattal made the last leg of their journey home from Oman, w
Published 26 Sep, 2011 12:00am
Fewer than 1 in 5 vote in Bahrain by-elections

Fewer than 1 in 5 vote in Bahrain by-elections

Fewer than one in five voters cast ballots in Bahraini by-elections this weekend, a government website showed, after the Shia majority in the Gulf Arab state boycotted the polls following the crushing of a protest movement this year.
Published 26 Sep, 2011 12:00am
Anti-nuclear demonstrators demand plant in Tokyo

Anti-nuclear demonstrators demand plant in Tokyo

Dozens of demonstrators rallied in Tokyo on Sunday, challenging Japanese authorities to build an atomic power plant in the capital to demonstrate their sincerity about nuclear safety.
Published 26 Sep, 2011 12:00am
Berlusconi rejects calls to quit, eyes reform

Berlusconi rejects calls to quit, eyes reform

Italy's Prime Minister Silvio Berlusconi on Sunday rejected opposition and lobby groups' calls for the government to resign over the country's economic woes and said the ruling centre-right coalition was solid and would push on with reforms.
Published 26 Sep, 2011 12:00am
More summoned in Iran for BBC ties

More summoned in Iran for BBC ties

Iran said Sunday it has summoned "more people" for their alleged links to the BBC's Farsi service, more than a week after it said six were arrested suspected of gathering information for the channel.
Published 26 Sep, 2011 12:00am
Power loadshedding in industrial areas flayed

Power loadshedding in industrial areas flayed

President, Karachi Chamber of Commerce and Industry (KCCI) Muhammad Saeed Shafiq and Chairman, Sindh Board of Investment and former President KCCI, Muhammad Zubair Motiwala have strongly criticised KESC for once again resuming load-shedding in the industr
Published 26 Sep, 2011 12:00am
DCO inspects water draining work at Rani Bagh

DCO inspects water draining work at Rani Bagh

District Co-ordination Officer (DCO) Ahmed Baksh Narejo has said that lack of proper drainage system at the entertainment resort of Rani Bagh caused accumulation of rainwater there. During a visit to the resort on Sunday, he said that the process of drain
Published 26 Sep, 2011 12:00am
Margalla Enclave - a fraudulent scheme?

Margalla Enclave - a fraudulent scheme?

The Margalla Enclave, Islamabad, advertised by Bahria Town in newspapers on September 19, is allegedly a fraudulent scheme, according to TI Pakistan.
Published 26 Sep, 2011 12:00am
Four patients tested dengue positive in KP

Four patients tested dengue positive in KP

Four suspected dengue fever patients have been tested positive out of 22 admitted three-day ago in different teaching hospital of the Khyber Pakhtunkhwa.
Published 26 Sep, 2011 12:00am
Rising public debt!

Rising public debt!

The Asian Development Bank's recent report expressed concern over a dramatic rise in Pakistan's domestic and international debt: domestic debt rose by 29.2 percent (33 percent of Gross Domestic Product) to 6 trillion and external debt rose to 56.3 billion
Published 26 Sep, 2011 12:00am
Obama's rejection of Palestinian statehood bid

Obama's rejection of Palestinian statehood bid

Speaking at the UN General Assembly plenary session - dominated this year by the Palestinian bid for statehood - US President Barack Obama reiterated his intention to veto the move in the Security Council, also advising the Palestinians to refrain from go
Published 26 Sep, 2011 12:00am
Pakistan shackled from all sides

Pakistan shackled from all sides

It is Saturday, the 24th of September 2011 and as I look at my computer screen to begin writing an article I have abandoned my original plan to write on one of the two subjects close to my heart: the continuing global financial meltdown attributed mainly
Published 26 Sep, 2011 12:00am
Hoping for mining boom, Canada opens last frontier

Hoping for mining boom, Canada opens last frontier

Dropping beneath low-lying clouds, a float plane circles a rocky landscape on the edge of the Arctic Circle grinded and grooved by the last ice age eight millennia ago and since then bathed by hundreds of rivers and lakes. Tiny points of light emerge in t
Published 26 Sep, 2011 12:00am
European space travellers pushed to limit in Mars experiment

European space travellers pushed to limit in Mars experiment

Almost 18 months of isolation have taken their toll on the participants in the ambitious Mars500 space experiment, currently underway in Moscow. "Psychologically drained," is the general view as the experiment, in which the astronauts have spent a record
Published 26 Sep, 2011 12:00am
Role of Sri Lankan experts in fight against dengue

Role of Sri Lankan experts in fight against dengue

Although, the havoc wreaked by dengue virus is profoundly alarming, the contributions by a team of Sri Lankan experts towards Punjab government's efforts aimed at tackling this menace are highly praiseworthy. Amid mounting deaths caused by dengue fever, t
Published 26 Sep, 2011 12:00am
Consul General of The Kingdom of Saudi Arabia, Karachi

Consul General of The Kingdom of Saudi Arabia, Karachi

On the 1st day of Libra every year and on the 23rd of September we get together to remember a very significant day in our History which is our National Day. Coinciding on 1351 AH corresponding to 1932 AD.
Published 26 Sep, 2011 12:00am
Economy and global trade

Economy and global trade

Saudi Arabia's free market economy has undergone remarkable changes in a relatively short period of time. It has evolved from a basic agricultural society into a regional and global economic power with a modern infrastructure. Petroleum is an integral par
Published 26 Sep, 2011 12:00am
Building bonds for a better tomorrow

Building bonds for a better tomorrow

An icon of the time-tested brotherly relationship between Saudi Arabia and Pakistan is the project of Tuwairqi Steel Mills Limited. It is the first private sector infrastructural green field project of a steel complex at Bin Qasim, Karachi Pakistan.
Published 26 Sep, 2011 12:00am
Industrial cities

Industrial cities

While Saudi Arabia's economic base continues to be dominated by oil, the Kingdom has taken steps to diversify the economy. Today, industrial products make up more than 90 percent of the Kingdom's non-oil exports. Saudi Arabia exports petrochemicals, plast
Published 26 Sep, 2011 12:00am
Maxim's Group of Companies

Maxim's Group of Companies

The family which built up and sustains the high quality of services in Clifton's long standing Maxim's Restaurant, has undertaken to render the same in-depth quality of services in Pakistan's tourism and pilgrimage sector under the umbrella of Maxim's Gro
Published 26 Sep, 2011 12:00am
Culture and art

Culture and art

The culture of Saudi Arabia is a rich one that has been shaped by its Islamic heritage, its historical role as an ancient trade center, and its Bedouin traditions. Saudi society has experienced tremendous development over the past several decades. The Sau
Published 26 Sep, 2011 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (September 19 to 24, 2011)

Published 26 Sep, 2011 12:00am
The Weather

The Weather

The weather report on Sunday (September 25, 2011) and the forecast for Monday (September 26, 2011).

Published 26 Sep, 2011 12:00am
THE RUPEE: fears over future supply of dollars

THE RUPEE: fears over future supply of dollars

Anxiety over future supply of US currency kept the rupee under pressure during the week ended on September 24, 2011. On the open market, the rupee fell sharply, losing 60 paisa for buying and selling at 89.20 and 89.40. It also slipped Rs 1.13 in terms of
Published 26 Sep, 2011 12:00am
THE RUPEE: fears over future supply of dollars

THE RUPEE: fears over future supply of dollars

Anxiety over future supply of US currency kept the rupee under pressure during the week ended on September 24, 2011. On the open market, the rupee fell sharply, losing 60 paisa for buying and selling at 89.20 and 89.40. It also slipped Rs 1.13 in terms of
Published 26 Sep, 2011 12:00am
Delayed clearance of Afghan goods: customs agree to waive demurrage

Delayed clearance of Afghan goods: customs agree to waive demurrage

Pakistan's customs officials have agreed to a proposal of Afghan importers to waive demurrage imposed on Afghan transit goods lying at ports, in case where there has been a considerable delay in processing of refund of demurrage charges under Afghanistan
Published 26 Sep, 2011 12:00am
Delayed clearance of Afghan goods: customs agree to waive demurrage

Delayed clearance of Afghan goods: customs agree to waive demurrage

Pakistan's customs officials have agreed to a proposal of Afghan importers to waive demurrage imposed on Afghan transit goods lying at ports, in case where there has been a considerable delay in processing of refund of demurrage charges under Afghanistan
Published 26 Sep, 2011 12:00am
Delayed clearance of Afghan goods: customs agree to waive demurrage

Delayed clearance of Afghan goods: customs agree to waive demurrage

Pakistan''s customs officials have agreed to a proposal of Afghan importers to waive demurrage imposed on Afghan transit goods lying at ports, in case where there has been a considerable delay in processing of refund of demurrage charges under Afghanistan
Published 26 Sep, 2011 12:00am
Special Corps Commanders conference: Army seeks to ease US concerns

Special Corps Commanders conference: Army seeks to ease US concerns

Top military leadership, in a special Corps Commanders' conference on Sunday rejected the allegations levelled against Pakistan's intelligence agency by military and civilian officials of the US. It was the second time in the current month to discuss how
Published 26 Sep, 2011 12:00am
Special Corps Commanders conference: Army seeks to ease US concerns

Special Corps Commanders conference: Army seeks to ease US concerns

Top military leadership, in a special Corps Commanders' conference on Sunday rejected the allegations levelled against Pakistan's intelligence agency by military and civilian officials of the US. It was the second time in the current month to discuss how
Published 26 Sep, 2011 12:00am
Prime Minister invites political leadership to APC

Prime Minister invites political leadership to APC

In wake of the escalating tension between Pakistan and United States, Prime Minister Syed Yousuf Raza Gilani on Sunday contacted mainstream political leadership to take them into confidence and decided to convene an All Parties Conference (APC) soon to de
Published 26 Sep, 2011 12:00am
Chicken meat prices fall to Rs 140 per kg

Chicken meat prices fall to Rs 140 per kg

Though the prices of vegetables and other kitchen items have sky-rocketed, yet the rates of chicken meat have fallen to Rs 140 per kg in the retail market which was being sold at Rs 215 per kg earlier this month owing to over-production in Punjab.
Published 26 Sep, 2011 12:00am
'Government very much active against dengue'

'Government very much active against dengue'

Provincial Minister for Education Mujtaba Shuja-ur-Rehman said that the objective of dengue awareness campaign is to ensure maximum public participation in dengue eradication campaign. He was talking to the people gathered around him during anti-dengue dr
Published 26 Sep, 2011 12:00am
Anti-dengue measures urged at domestic level

Anti-dengue measures urged at domestic level

PML-N President Nawaz Sharif urged the people here on Sunday that to avoid dengue, instead of getting panicky, they should adopt preventive measures at domestic level. He asked them to extend maximum co-operation to the Punjab government in its fight agai
Published 26 Sep, 2011 12:00am
Dengue epidemic: Army doctors examine 67,181 patients

Dengue epidemic: Army doctors examine 67,181 patients

The doctors of Pakistan Army have attended 67,181 patients at free medical camps established exclusively to support general public in battle against the raging dengue epidemic. The Para medical staff at 12 free Army medical camps has worked tirelessly in
Published 26 Sep, 2011 12:00am
Chairlift over river Swat breaks

Chairlift over river Swat breaks

A man died when a chairlift broke in Mankial area in district Swat here on Sunday, police said. The chairlift, which was built over river Swat at Mankial tehsil Behrain due to non-availability of bridge, suddenly fallen down. As a result Gul Muhammad s/o
Published 26 Sep, 2011 12:00am
Pakistan to succeed in controlling dengue virus: Dr Thissera

Pakistan to succeed in controlling dengue virus: Dr Thissera

Dr Thissera Hasitha head of Sri Lankan medical team has said that people of Punjab are lucky to have a selfless, untiring and dedicated chief minister like Shahbaz Sharif and expressed the confidence that people of Pakistan will succeed in controlling den
Published 26 Sep, 2011 12:00am
LEAs detain 150 in Lyari and Baldia operation

LEAs detain 150 in Lyari and Baldia operation

The law enforcement agencies (LEAs) detained 150 suspects including a leader of People Amn Committee Zafar Baloch during surgical operation from different areas of the metropolis. However, Baloch was released within hours after the arrest. According to so
Published 26 Sep, 2011 12:00am
Anti-dengue movement: 'encroachments, heaps of filth major obstacle'

Anti-dengue movement: 'encroachments, heaps of filth major obstacle'

Chairman Emergency Response Committee Gulberg Town Sardar Ayaz Sadiq has said that encroachments and heaps of filth are major obstacle in the way of anti-dengue movement and no consideration to eliminate of these obstacles will be entertained at any cost.
Published 26 Sep, 2011 12:00am
Anti-dengue movement: 'encroachments, heaps of filth major obstacle'

Anti-dengue movement: 'encroachments, heaps of filth major obstacle'

Chairman Emergency Response Committee Gulberg Town Sardar Ayaz Sadiq has said that encroachments and heaps of filth are major obstacle in the way of anti-dengue movement and no consideration to eliminate of these obstacles will be entertained at any cost.
Published 26 Sep, 2011 12:00am
Birth of mongol, deaf, dumb kids can be checked

Birth of mongol, deaf, dumb kids can be checked

The birth of Mongol, deaf and dumb babies can be checked in Pakistan with the modern advancement in medical science. Leading embryologist Dr Haroon Latif Khan on Sunday speaking at a workshop on "Genetic Disorder" here said that the proper application of
Published 26 Sep, 2011 12:00am
Birth of mongol, deaf, dumb kids can be checked

Birth of mongol, deaf, dumb kids can be checked

The birth of Mongol, deaf and dumb babies can be checked in Pakistan with the modern advancement in medical science. Leading embryologist Dr Haroon Latif Khan on Sunday speaking at a workshop on "Genetic Disorder" here said that the proper application of
Published 26 Sep, 2011 12:00am
''Entrepreneurial skills enhancement programme to boost economy''

''Entrepreneurial skills enhancement programme to boost economy''

A 15- Day "Training programme in support of capacity development for Agricultural Trade in Afghanistan and Pakistan" jointly organised by University of Idaho, University of Agriculture, Faisalabad and USAID concluded at New Senate Hall of the University.
Published 26 Sep, 2011 12:00am
'Entrepreneurial skills enhancement programme to boost economy'

'Entrepreneurial skills enhancement programme to boost economy'

A 15- Day "Training programme in support of capacity development for Agricultural Trade in Afghanistan and Pakistan" jointly organised by University of Idaho, University of Agriculture, Faisalabad and USAID concluded at New Senate Hall of the University.
Published 26 Sep, 2011 12:00am
'Entrepreneurial skills enhancement programme to boost economy'

'Entrepreneurial skills enhancement programme to boost economy'

A 15- Day "Training programme in support of capacity development for Agricultural Trade in Afghanistan and Pakistan" jointly organised by University of Idaho, University of Agriculture, Faisalabad and USAID concluded at New Senate Hall of the University.
Published 26 Sep, 2011 12:00am
China installs first gold vending machine

China installs first gold vending machine

China, already the world''s second largest bullion consumer, has installed the country''s first gold vending machine in a busy shopping district in Beijing, state media said Sunday. Shoppers in the popular Wangfujing Street can insert cash or use a bank c
Published 26 Sep, 2011 12:00am
China installs first gold vending machine

China installs first gold vending machine

China, already the world's second largest bullion consumer, has installed the country's first gold vending machine in a busy shopping district in Beijing, state media said Sunday. Shoppers in the popular Wangfujing Street can insert cash or use a bank car
Published 26 Sep, 2011 12:00am
China installs first gold vending machine

China installs first gold vending machine

China, already the world's second largest bullion consumer, has installed the country's first gold vending machine in a busy shopping district in Beijing, state media said Sunday. Shoppers in the popular Wangfujing Street can insert cash or use a bank car
Published 26 Sep, 2011 12:00am
Small tourist plane crashes in Nepal, 19 dead

Small tourist plane crashes in Nepal, 19 dead

A small plane carrying foreign tourists to view Mount Everest crashed in bad weather near Nepal's capital Kathmandu on Sunday, killing all 19 people on board, officials said. Kathmandu Airport officials said there were 16 passengers and a crew of three on
Published 26 Sep, 2011 12:00am
Small tourist plane crashes in Nepal, 19 dead

Small tourist plane crashes in Nepal, 19 dead

A small plane carrying foreign tourists to view Mount Everest crashed in bad weather near Nepal's capital Kathmandu on Sunday, killing all 19 people on board, officials said. Kathmandu Airport officials said there were 16 passengers and a crew of three on
Published 26 Sep, 2011 12:00am
Saudi king gives women right to vote

Saudi king gives women right to vote

Saudi King Abdullah on Sunday granted women the right to vote and run in municipal elections, in a historic first for the ultra-conservative country where women are subjected to many restrictions. "Starting with the next term, women will have the right to
Published 26 Sep, 2011 12:00am
Saudi king gives women right to vote

Saudi king gives women right to vote

Saudi King Abdullah on Sunday granted women the right to vote and run in municipal elections, in a historic first for the ultra-conservative country where women are subjected to many restrictions. "Starting with the next term, women will have the right to
Published 26 Sep, 2011 12:00am
US-Russia 'reset' to remain under Putin: White House

US-Russia 'reset' to remain under Putin: White House

A "reset" of US-Russian ties will go forward regardless of who Moscow's next president is, the White House said, amid news that Prime Minister Vladimir Putin could return to the Kremlin next year.
Published 26 Sep, 2011 12:00am
US-Russia 'reset' to remain under Putin: White House

US-Russia 'reset' to remain under Putin: White House

A "reset" of US-Russian ties will go forward regardless of who Moscow's next president is, the White House said, amid news that Prime Minister Vladimir Putin could return to the Kremlin next year.
Published 26 Sep, 2011 12:00am
Chief minister Punjab launches 'Qadam Barhao, Dengue Mukao' campaign

Chief minister Punjab launches 'Qadam Barhao, Dengue Mukao' campaign

Chairman Dengue Control Committee Nishter Town, Naseer Bhutta, MNA, said that every person of the society has to play its due role to eliminate dengue virus as the Punjab government is utilising its all resources for this purpose. He said that Chief Minis
Published 26 Sep, 2011 12:00am
Chief minister Punjab launches 'Qadam Barhao, Dengue Mukao' campaign

Chief minister Punjab launches 'Qadam Barhao, Dengue Mukao' campaign

Chairman Dengue Control Committee Nishter Town, Naseer Bhutta, MNA, said that every person of the society has to play its due role to eliminate dengue virus as the Punjab government is utilising its all resources for this purpose. He said that Chief Minis
Published 26 Sep, 2011 12:00am
Futures open interest up by 8.7 percent

Futures open interest up by 8.7 percent

Total open interest position at the futures counter increased by 8.7 percent on week-on-week basis to Rs 1.37 billion. On the other hand, futures spreads declined by 18 percent to 37.8 percent on week-on-week basis. Trading at futures counter improved as
Published 26 Sep, 2011 12:00am
Chinese Vice Prime Minister due today

Chinese Vice Prime Minister due today

Chinese Vice Prime Minister Hui Liangyu is arriving Islamabad on Monday on a two-day visit in the wake of Pakistan-US escalating tension, it was learnt. According to diplomatic sources, the Chinese vice premier would be accompanied by a high-level delegat
Published 26 Sep, 2011 12:00am
Chinese Vice Prime Minister due today

Chinese Vice Prime Minister due today

Chinese Vice Prime Minister Hui Liangyu is arriving Islamabad on Monday on a two-day visit in the wake of Pakistan-US escalating tension, it was learnt. According to diplomatic sources, the Chinese vice premier would be accompanied by a high-level delegat
Published 26 Sep, 2011 12:00am
US senator says 'all options on table' on Pakistan

US senator says 'all options on table' on Pakistan

The United States will have to "put all options on the table" in dealing with any Pakistani support for militant networks that US troops are fighting in the region, a leading US senator said on Sunday. "We need to put Pakistan on notice," Sen. Lindsey Gra
Published 26 Sep, 2011 12:00am
US senator says 'all options on table' on Pakistan

US senator says 'all options on table' on Pakistan

The United States will have to "put all options on the table" in dealing with any Pakistani support for militant networks that US troops are fighting in the region, a leading US senator said on Sunday. "We need to put Pakistan on notice," Sen. Lindsey Gra
Published 26 Sep, 2011 12:00am
Hafeez discusses Diamer dam, Tapi financing with ADB chief

Hafeez discusses Diamer dam, Tapi financing with ADB chief

Finance Minister Abdul Hafeez Shaikh met here with the President of Asian Development Bank, Haruhiko Kuroda, and discussed possibility of financing projects, including Diamer-Basha dam. They discussed various aspects of co-operation, including the ongoing
Published 26 Sep, 2011 12:00am
Hafeez discusses Diamer dam, Tapi financing with ADB chief

Hafeez discusses Diamer dam, Tapi financing with ADB chief

Finance Minister Abdul Hafeez Shaikh met here with the President of Asian Development Bank, Haruhiko Kuroda, and discussed possibility of financing projects, including Diamer-Basha dam. They discussed various aspects of co-operation, including the ongoing
Published 26 Sep, 2011 12:00am
Hafeez discusses Diamer dam, Tapi financing with ADB chief

Hafeez discusses Diamer dam, Tapi financing with ADB chief

Finance Minister Abdul Hafeez Shaikh met here with the President of Asian Development Bank, Haruhiko Kuroda, and discussed possibility of financing projects, including Diamer-Basha dam. They discussed various aspects of co-operation, including the ongoing
Published 26 Sep, 2011 12:00am
Index gains 253.4 points

Index gains 253.4 points

The KSE-100 index increased by 253.40 points during the week ended on September 24, 2011 to close at the level of 11,606.86 points on the back of both local and foreign investors' interests. Foreign investors turned net buyers of shares worth $1.7 million
Published 26 Sep, 2011 12:00am
Index gains 253.4 points

Index gains 253.4 points

The KSE-100 index increased by 253.40 points during the week ended on September 24, 2011 to close at the level of 11,606.86 points on the back of both local and foreign investors' interests. Foreign investors turned net buyers of shares worth $1.7 million
Published 26 Sep, 2011 12:00am
Index gains 253.4 points

Index gains 253.4 points

The KSE-100 index increased by 253.40 points during the week ended on September 24, 2011 to close at the level of 11,606.86 points on the back of both local and foreign investors'' interests. Foreign investors turned net buyers of shares worth $1.7 millio
Published 26 Sep, 2011 12:00am
Futures open interest up by 8.7 percent

Futures open interest up by 8.7 percent

Total open interest position at the futures counter increased by 8.7 percent on week-on-week basis to Rs 1.37 billion. On the other hand, futures spreads declined by 18 percent to 37.8 percent on week-on-week basis. Trading at futures counter improved as
Published 26 Sep, 2011 12:00am
Futures open interest up by 8.7 percent

Futures open interest up by 8.7 percent

Total open interest position at the futures counter increased by 8.7 percent on week-on-week basis to Rs 1.37 billion. On the other hand, futures spreads declined by 18 percent to 37.8 percent on week-on-week basis. Trading at futures counter improved as
Published 26 Sep, 2011 12:00am
Futures open interest up by 8.7 percent

Futures open interest up by 8.7 percent

Total open interest position at the futures counter increased by 8.7 percent on week-on-week basis to Rs 1.37 billion. On the other hand, futures spreads declined by 18 percent to 37.8 percent on week-on-week basis. Trading at futures counter improved as
Published 26 Sep, 2011 12:00am
Cain upsets Perry in Florida Republican straw poll

Cain upsets Perry in Florida Republican straw poll

Former pizza executive Herman Cain surprised rival Rick Perry with an upset victory on Saturday in a Republican presidential straw poll in Florida, dealing a disappointing loss to the Texas governor two days after a shaky debate performance.
Published 26 Sep, 2011 12:00am
Afghanistan to probe Rabbani killing

Afghanistan to probe Rabbani killing

Afghan President Hamid Karzai Sunday appointed a team to investigate the assassination of peace envoy Burhanuddin Rabbani as officials insisted they were getting "closer to the truth" about his death. Rabbani, chairman of Karzai's High Peace Council, was
Published 26 Sep, 2011 12:00am
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