News Archives for Print - 2011-11-17

Print - 2011-11-17

PC to take up PPL's SPO today

The Privatisation Commission's board meeting will take up the matter of secondary public offering (SPO) of Pakistan Petroleum Limited (PPL) on Thursday (today). Federal Minister of Privatisation Ghous Bux Mahar will chair the PC's board meeting in the con

Published 17 Nov, 2011 12:00am

Sindh government signs three MoUs with CTG

The government of Sindh signed three memorandums of understanding (MoUs) with China Three Gorges (CTG) Corporation here on Tuesday evening. The signing ceremony was witnessed by Speaker of the Sindh Assembly Nisar Ahmed Khuhro, Chief Secretary of CTG Corp

Published 17 Nov, 2011 12:00am

Conditions in new income tax form: traders, industrialists warn FBR of protests

Small traders and industrialists on Wednesday warned the Federal Board of Revenue (FBR) of protests, if it failed to change the 'disputed' conditions in the income tax form for 2011-12 in line with the businessmen community's demands. Talking to Busine

Published 17 Nov, 2011 12:00am

Rights bodies urged to take notice of Kashmiris' plight

Minister for Information AJK Syed Bazil Ali Naqvi has urged the human rights organisations including Red Cross International and Amnesty International to take immediate notice of the plight of illegally-detained Kashmiri political activists languishing in
Published 17 Nov, 2011 12:00am

Demonetisation of Rs 5 banknote

The State Bank of Pakistan (SBP) has again advised the general public to exchange Rs 5 banknote from the field offices of SBP Banking Services Corporation and the branches of all commercial banks operating throughout the country up to 31st December, 2011.
Published 17 Nov, 2011 12:00am

Sindh government restores DGs, TMAs funds

The Sindh government has restored billions of rupees funds of the abolished City District Government Karachi (CDGK), 22 district governments and 101 Taulka Municipal Administrations (TMAs), it is learnt on Wednesday. With the restoration of Comissionerate
Published 17 Nov, 2011 12:00am

PTCL wins SAMENA Award 2011

Pakistan Telecommunications Company Ltd (PTCL) CEO and President, Walid Irshaid, accepted the prestigious SAMENA Award 2011 for PTCL as "Best Telecom Operator in South Asia", conferred at the annual SAMENA 'Convergence to Doha' summit held in Doha on Nove
Published 17 Nov, 2011 12:00am

Group of swindlers cheating rain-affected people

"I have sent a money order of Rs 2,000 on the address of a Non Governmental Organisation (NGO) of Karachi but they have not sent me the application form for funding of Rs 80,000," a rain-affected person told Business Recorder on telephone. A 45-yea
Published 17 Nov, 2011 12:00am

Protecting life, property of witnesses: Sindh government to establish WPUs, says Wasan

Sindh Home Minister Manzoor Wasan on Wednesday announced that the provincial government would established Witness Protection Units (WPUs) in Sindh including Karachi. He stated this during a meeting at Korangi Association of Trade and Industry (KATI) here.
Published 17 Nov, 2011 12:00am

Tribesmen urged to be vigilant of terrorists

Governor Khyber Pakhtunkhwa Barrister Masood Kausar on Wednesday urged the tribesmen to be vigilant of the elements, who might re-emerge to disrupt the peaceful atmosphere in Fata, which had been restored after many sacrifices and efforts by the law enfor
Published 17 Nov, 2011 12:00am

Fixed price of sugarcane rejected

Convenor National Democratic Alliance (NDA), Khawaja Mohammad Khan Hoti MNA, has outright rejected the fixed price of sugarcane and termed it as economic murder of the poor growers. Talking to a delegation of sugarcane growers here on Wednesday, he said t
Published 17 Nov, 2011 12:00am

Hydro energy power projects: US willing to assist Pakistan

United States Ambassador Cameron Munter on Wednesday said that the United States was willing to assist Pakistan's hydro energy power projects to overcome the energy crisis crippling the industry. He was addressing students' gathering at Syndicate Hall, Un
Published 17 Nov, 2011 12:00am

PEF introduces literacy programme in 32 districts

Besides introducing public private partnership model through Punjab Education Foundation (PEF), different holistic programmes have also been launched by the Punjab government to enhance functional literacy. This also includes introducing literacy programm
Published 17 Nov, 2011 12:00am

Chiniot Diabetic Centre of Excellence inaugurated

"Business with Service to Humanity" is the hallmark of Chiniot Sheikh Community and it would continue for ever, said S. M. Muneer President India-Pakistan Chamber of Commerce & Industry (IPCCI). He was addressing a function after inaugurating Chiniot Diab
Published 17 Nov, 2011 12:00am

PML-N committed to eliminating corruption: Nawaz

Pakistan Muslim League-Nawaz (PML-N) President Muhammad Nawaz Sharif on Wednesday slammed the PPP-led government for "causing harm to the country's economy". "Rampant corruption, inapt policies and poor governance of the PPP government has led to unpreced
Published 17 Nov, 2011 12:00am

Dewali at PNCA today

Ministry of National Harmony will hold a colourful event to celebrate Hindu Festival of Lights - Dewali here on November 17 at Pakistan National Council of the Arts (PNCA). Adviser to Prime Minister for National Harmony Dr Paul Bhatti will be chief guest
Published 17 Nov, 2011 12:00am

Appointment of Zaka Ashraf: LHC directs registrar office to consolidate two petitions

Justice Azmat Saeed of the Lahore High Court (LHC) here on Wednesday directed registrar office to consolidate two petitions challenging appointment of Zaka Ashraf as Pakistan cricket board (PCB) chairman and rose for November 24. The petitioner a bar memb
Published 17 Nov, 2011 12:00am

Qureshi, Nawaz meeting on the cards

Pakistan Muslim League-Nawaz (PML-N) President Nawaz Sharif is going to meet Gilani government's former foreign minister, Shah Mahmood Qureshi, on latter's return from Dubai. A former PPP Punjab president, Qureshi resigned from basic membership of Pakista
Published 17 Nov, 2011 12:00am

Punjab food department working on enhancing grain storage capacity

Punjab Food Department which is working on enhancing its present grain storage capacity has planned to revive one of its 'silo's situated at Multan with a capacity of storing 40,000 metric tons grain. This storage facility was built with the assistance of
Published 17 Nov, 2011 12:00am

Sardar Khosa admits he married actress Zeba Khan

Former Chief Minister Punjab and Pakistan Muslim League-Nawaz (PML-N) sitting MPA Sardar Dost Muhammad Khosa here on Wednesday admitted before the Lahore High Court (LHC) that he had married actress Zeba Khan alias Sapna Khan, whom he later divorced.
Published 17 Nov, 2011 12:00am

Qureshi to decide his future course after meeting PPP dissidents

Former Foreign Minister, Shah Mehmood Qureshi, will decide his future political course after ascertaining support from the sitting members of the assemblies belonging to PPP. Qureshi will hold marathon meetings with PPP's dissident leaders in Multan, Isla
Published 17 Nov, 2011 12:00am

Accountants for Business Global Forum Pakistan 2011 today

ACCA Pakistan is organising Accountants for Business Global Forum Pakistan 2011 on 17 November 2011 in Lahore. Participants including senior HR, finance and accounting professionals from private and public sector will attend the event. More and more busin
Published 17 Nov, 2011 12:00am

GCU RQS holds Faiz Quiz Competition

Government College University Lahore Ravians Quiz Society (GCU RQS) on Wednesday organised the Faiz Ahmed Faiz Quiz Competition 2011, which was won by the university's History Department with overall 155 points. GCU Vice Chancellor Professor Dr Muhammad K
Published 17 Nov, 2011 12:00am

Pakistan, India embarking on a new era of cooperation

The government of Pakistan's recent decision to grant Most Favoured Nation (MFN) status to India has been warmly welcomed by the representatives of trade and industry as they strongly believe that this positive development, which was being demanded by the
Published 17 Nov, 2011 12:00am

Municipal bankruptcies soar in the US

Debt-ridden, bailout-dependent Greece has nothing on Jefferson County, Alabama, which is already bankrupt. Home to Birmingham, Alabama's largest city, Jefferson County's government has suffered from a combination of political mistakes, the bad economy and
Published 17 Nov, 2011 12:00am

Economic crisis drains Spain

Madrid high school graduate Laura would like a temporary job before beginning her university studies, but she does not even intend to look for one. "There are no jobs in Spain," the 19-year-old says with a sigh. "The only hope would be to have an influent
Published 17 Nov, 2011 12:00am

VIEWPOINT The changing face of our politics

It is common for a certain variety of wise men and women in this country to say people are themselves to blame for so much that is wrong with this country. They keep electing the same leaders over and over again and then complain of corruption and bad gov
Published 17 Nov, 2011 12:00am

Another brick in the wall

Small headways made in the brick kiln industry in Pakistan during the last four years are about to go to waste owing to the political apathy and official mismanagement. According to media reports, an environment-friendly, energy-efficient and cost-effecti
Published 17 Nov, 2011 12:00am

Pakistan-India economic cooperation

In a joint statement at the end of the sixth round of talks on commercial and economic cooperation between the Pakistan and Indian commerce secretaries, the two countries agreed to enhance bilateral trade. Several such statements were made in the past sub
Published 17 Nov, 2011 12:00am

India can become large market for Pakistani fruits, vegetables

India could become a large market for Pakistani fruits and vegetables in a free trade environment and exports of these commodities could fetch three billion dollars in next five years, trade experts said. "There is need that we focus on free trade of frui
Published 17 Nov, 2011 12:00am

Private clinics block inaugurated at Shalamar Hospital

Private clinics block was formally inaugurated at Shalamar Hospital, here on Wednesday. Trustee of Businessmen Hospital Trust Shahid Hussain said that Shalamar Hospital had been providing quality medical facilities to the people of the area for the last t
Published 17 Nov, 2011 12:00am

Minister for implementation of labour laws

Provincial Minister for Labour Haji Ehsaan-ud-Din Qureshi on Tuesday directed officials of the labour department to ensure the implementation of labour laws specially for timely payment of minimum wages Rs 7000 per month by the employers. He directed for
Published 17 Nov, 2011 12:00am

Condolence reference to pay tribute to Hameed Akhtar held

A condolence reference was held at Lahore Press Club on Wednesday to pay tribute to the veteran journalist, progressive writer and film maker Hameed Akhtar for his services to Urdu literature, freedom of expression, free thought and empowerment of poor wh
Published 17 Nov, 2011 12:00am

Textile industry criticises attitude of commerce ministry

Textile industry circles have criticised the dilly-dallying attitude of commerce ministry for slumbering over endless dragging of issue of the EU trade concessions to Pakistan. These circles pointed out that the federal commerce ministry has not approache
Published 17 Nov, 2011 12:00am

All Pakistan Music Conference: PUCAD student wins gold medal

Punjab University College of Art & Design (PUCAD) students has shown excellence performance in All Pakistan Music Conference held at Alhamra Lahore. College student Amjad Ali performed well in Light Classical (Thumri) category and bagged gold medal, while
Published 17 Nov, 2011 12:00am

Moot, exposition on logistics and supply chain management on November 22

Air Cargo Agents Association of Pakistan, Pakistan International Freight Forwarders Association and Publicity Channel are jointly organising an International conference and exhibition on logistics and supply chain management here on 22nd November.
Published 17 Nov, 2011 12:00am

Justice Saeed to take oath as CJ of LHC

Justice Sh Azmat Saeed will take oath as new Chief Justice Lahore High Court on Thursday (today) at a ceremony arranged at Governor House. Governor Punjab Sardar Latif Khan Khosa will administer oath to new Chief Justice. Justice Saeed has been made LHC C
Published 17 Nov, 2011 12:00am

Summoning Qureshi in Raymond's case Application moved

A bar member submitted an application in his already pending petition pertaining to Raymond Davis praying to summon former foreign minister Shah Mehmood Qureshi to ascertain the court about the pressure for giving diplomatic immunity to CIA contractor Ray
Published 17 Nov, 2011 12:00am

Children's literature festival in Lahore from November 25

A Children's Literature Festival would be organised in Lahore from November 25. The two-day event would be held from 10 am to 5 pm at Children's Library Complex in Lahore, says an announcement here on Wednesday. The Festival is being organised by the Oxfo
Published 17 Nov, 2011 12:00am

Chief secretary Sindh reviews implementation pace of Lyari package

Chief Secretary of Sindh, Raja Muhammad Abbas on Wednesday sought up-to-date reports from the secretaries of Local Government and Finance departments on issues related to Lyari Development Package (LDP). Presiding a meeting to review implementation pace o
Published 17 Nov, 2011 12:00am

Chief minister Punjab stresses quality education

Chief Minister Punjab Mian Muhammad Shahbaz Sharif emphasised the need to link the development with the quality education and upholding the merit and justice in every institution. Addressing a gathering of students at the University of Agriculture, Faisal
Published 17 Nov, 2011 12:00am

Training course for fish farmers from November 21

Fisheries Research & Training Institute, Fisheries Department Punjab is organising a three-day training course for fish farmers on "Prosperity through Fish Farming" from 21st to 23rd, November, 2011. The objective of this training is to provide essential
Published 17 Nov, 2011 12:00am

Doctors observe partial strike in Multan

At the call of Pakistan Medical Association Punjab (PMA), Doctors in Multan observed two hours partial strike in Multan district and other hospitals of 36 districts of Punjab on Wednesday and it will also be observed on Thursday (today) and a complete str
Published 17 Nov, 2011 12:00am

Baloch expresses deep concern over PAF plane crash

Secretary General, Jamaat-e-Islami Pakistan, Liaqat Baloch has expressed his deep concern over the PAF training plane crash near Attock resulting in the martyrdom of pilot. He said the nation was deeply worried over the frequent crashes of the PAF planes
Published 17 Nov, 2011 12:00am

Nine killed as bus falls into canal

At least nine persons including two women and two young girls were killed and 13 others received serious injuries in two separate road accidents in different cities of Southern Punjab on Wednesday. According to police, five persons died in the first accid
Published 17 Nov, 2011 12:00am

The Weather

The weather report on Wednesday (November 16, 2011) and the forecast for Thursday (November 17, 2011).

Published 17 Nov, 2011 12:00am

Tabligi Ijtama: Railways allows Karachi Express to stop at Raiwind

Pakistan Railway Administration has decided to allow Karachi Express 15-Up (departing from Karachi to Lahore) to stop at Raiwind Railway Station for three minutes on November, 17 to 25 for the convenience of people on the eve of Tabligi Ijtama, which will
Published 17 Nov, 2011 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (November 16, 2011).

Published 17 Nov, 2011 12:00am

SKMCH&RC organising cancer symposium

Shaukat Khanum Memorial Cancer Hospital and Research Centre (SKMCH&RC) is organising its 10th Cancer Symposium in the provincial metropolis from November 18 to 20, 2011. Chairman Symposium organising committee, Dr Khalid Nawaz informed media persons at a
Published 17 Nov, 2011 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (November 16, 2011).

Published 17 Nov, 2011 12:00am

DCO Lahore defends his previous appointment

District Co-ordination Officer (DCO) Lahore Ahad Cheema, here on Wednesday appearing before the Judicial Commission defended his previous appointment as Chairman Higher Education Department (HED) saying that the Chief Minister have discretion to appoint a
Published 17 Nov, 2011 12:00am

LME official prices

The following were Tuesday official prices.

Published 17 Nov, 2011 12:00am

'CNG buses to be introduced in Faisalabad under PPP'

Punjab Chief Minister Shahbaz Sharif has said that the provincial government would introduce CNG buses in Faisalabad under Pubic-Private Partnership (PPP). Initially as many as 150 buses would be brought on the roads within four months under the project,
Published 17 Nov, 2011 12:00am

LME official prices

The following were Tuesday official prices.

Published 17 Nov, 2011 12:00am

Muharram security arrangements: Punjab government constitutes cabinet committee

The Punjab government has on Wednesday constituted a cabinet committee to monitor the security and other arrangements for Muharram-ul-Haram.
Published 17 Nov, 2011 12:00am

Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates in rupees prevailing on the commodity markets in Karachi on Wednesday (November 16, 2011).

Published 17 Nov, 2011 12:00am

Benazir murder: Raja Riaz gives clean chit to PML-Q

Opposition leader in the Punjab assembly Raja Riaz has given a clean chit to the PML-Q on assassination of Benazir Bhutto. Addressing a press conference in the Punjab Assembly on Wednesday, Raja Riaz criticised Shah Mehmood Qureshi and said that the intel
Published 17 Nov, 2011 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (November 16, 2011).

Published 17 Nov, 2011 12:00am

Traders welcome increase in number of trading days

The traders and manufacturers in occupied Kashmir have welcomed extension of cross-LoC trade to four days a week. The traders, calling it a good omen, expressed hope that other obstacles in the trade would be removed by the governments of both the countri
Published 17 Nov, 2011 12:00am

Poultry Rates

Wholesale poultry rates on Wednesday (November 16, 2011) and for Thursday (November 17, 2011).
Published 17 Nov, 2011 12:00am

Iqbal Day celebrated at PNCA

Children from various educational institutions of twin cities on Wednesday presented colourful cultural show to mark the birth anniversary of National Poet, Allama Muhammed Iqbal. Pakistan National Council of the Arts (PNCA) in connection with Iqbal Day c
Published 17 Nov, 2011 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (November 16, 2011).

Published 17 Nov, 2011 12:00am

SAP welcomes passage of women bill

South Asia Partnership (SAP) has welcomed the unanimously passed The Prevention of Anti-Women Practices (Criminal Amendment Bill) Bill 2010' by National Assembly in the emergency meeting held here Wednesday. The meeting termed the passage of bill a great
Published 17 Nov, 2011 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Wednesday (November 16, 2011).

Published 17 Nov, 2011 12:00am

Punjab government literacy, livelihood programme launched in Multan

Besides introducing public private partnership model through Punjab Education Foundation (PEF), different holistic programmes have also been launched by the Punjab government to enhance functional literacy. This also includes introducing literacy programm
Published 17 Nov, 2011 12:00am

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (November 16, 2011).

Published 17 Nov, 2011 12:00am

Punjab government allocates Rs two billion for improving agriculture products: Aulakh

Punjab Minister for Agriculture Ahmad Ali Aulakh has directed the officers of the provincial agriculture department to make all out efforts for earliest completion of sowing of wheat on 16.89 million acres of land in the province so as to meet the product
Published 17 Nov, 2011 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (November 16, 2011).

Published 17 Nov, 2011 12:00am

No death from dengue reported in 24 hours

With decline in the mercury, the deadly dengue virus has started receding, as no death was reported in Punjab during the last 24 hours. According to a report released by the Health Department Punjab, as many as 40 confirmed dengue cases have been reported
Published 17 Nov, 2011 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (November 16, 2011).

Published 17 Nov, 2011 12:00am

APNS condoles

The office-bearers and members of the APNS have expressed their profound grief over the sad demise of Mrs Ada Hasan, wife of Professor S B Hasan, Chief Editor, Monthly Investment & Marketing, Karachi, who breathed her last after a protracted illness. The
Published 17 Nov, 2011 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Wednesday (November 16, 2011).

Published 17 Nov, 2011 12:00am

Wife of Professor S B Hassan dies

Atia Hassan, wife of Professor S. B. Hassan, President and Chief Editor, Investment & Marketing (I&M Group) passed away in Karachi on November 16th, 2011 after brief illness. Namaz-e-Janaza will be held after Juma prayers on 18th November 2011 at Masjid-e
Published 17 Nov, 2011 12:00am

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Wednesday (November 16, 2011).

Published 17 Nov, 2011 12:00am

APNS flays Sindh government advertisement malpractices

The APNS has strongly flayed the advertisement malpractices prevailing in the Sindh Information Department which have aggravated during the present setup", stated a press release of the APNS.
Published 17 Nov, 2011 12:00am

THE RUPEE: dollar may hit Rs 87 level

Persisted fall in the value of the rupee, indicating that the national currency may hit the low level at 87 versus dollar in the near future, dealers said on Wednesday. The rupee shed 15 paisa in relation to dollar for buying at 86.89 and lost 14 paisa fo
Published 17 Nov, 2011 12:00am

WTI Light Sweet Crude touches $100.86/bbl in New York

West Texas Intermediate (WTI) Light Sweet Crude oil prices reached four months high, while Natural Gas prices dropped to 12 months low. According to data, the prices of crude oil crossed $100 per barrel after four months as WTI prices on Wednesday touched
Published 17 Nov, 2011 12:00am

Agriculture University's teachers boycott classes

Students of Agricultural University, Peshawar suffered on Wednesday due to teachers' strike, who boycotted classes against the administration for not meeting their demands. The students had to returned homes without attending classes. The university teach
Published 17 Nov, 2011 12:00am

0s of Debt Securities

The following were the revised rates of debt securities on Wednesday (November 16, 2011).

Published 17 Nov, 2011 12:00am

Pakistan says it should be allowed to buy Australian uranium

Pakistan says if Australia sells uranium to India, it too should be eligible for exports of the product. India's arch rival is also a nuclear power and, like India, a non-signatory of Nuclear Non-Proliferation Treaty. Pakistan says it could use Australian
Published 17 Nov, 2011 12:00am

0s of Debt Securities

The following were the revised rates of debt securities on Wednesday (November 16, 2011).

Published 17 Nov, 2011 12:00am

78,000 flood victims in Sindh issued CNICs

Mobile Registration Vans (MRVs) of National Database and Registration Authority (Nadra) have so far issued around 78,000 CNICs in rain-hit areas to help expedite the process of Pakistan Cards. The Computerised National Identity Cards (CNICs) are being iss
Published 17 Nov, 2011 12:00am

0s of Debt Securities

The following were the revised rates of debt securities on Wednesday (November 16, 2011).

Published 17 Nov, 2011 12:00am

Ibad summons Provisional Assembly session tomorrow

Sindh Governor, Dr Ishratul Ibad Khan, has summoned the session of Sindh Assembly on Friday, November 18. An official announcement here on Wednesday said that the Governor in exercise of powers conferred upon him by clause (a) of Article 109 of the Consti
Published 17 Nov, 2011 12:00am

Cross Transactions between Client to Client & Financial Institutions

The following were the cross transactions between client to client & financial institutions here on Wednesday (November 16, 2011).

Published 17 Nov, 2011 12:00am

Pak-India trade talks a step towards progress: PIBC

The Pak-India Business Council (PIBC) on Wednesday termed the successful trade talks between Pakistan and India a way forward towards progress and prosperity of the two countries. The two-day commerce secretaries talks were held in New Delhi on November 1
Published 17 Nov, 2011 12:00am

Member to Member

The following transactions member to member subsequently reported on Wednesday (November 16, 2011).

Published 17 Nov, 2011 12:00am

Making videos of sensitive installations: US nationals detained, released

A performing arts group sponsored by the US Embassy was briefly detained and later released by military authorities on Wednesday. In a statement, US embassy said one of the performers was accused of taking photographs of sensitive installations. While one
Published 17 Nov, 2011 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Wednesday (November 16, 2011)

Published 17 Nov, 2011 12:00am

Loadshedding span increases in Karachi

Karachi Electric Supply Company (KESC) has once again increased the durations of load shedding in residential and commercial areas on the pretext of oil and gas shortage. It should be mentioned here that six to ten hours of load shedding are being carried
Published 17 Nov, 2011 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Wednesday (November 16, 2011)

Published 17 Nov, 2011 12:00am

Mother of Nadeemul Haque dies

Batool Ikram-ul-Haque, wife of former Chief Secretary/Defence Secretary the late Sheikh Ikram-ul-Haque, mother of Dr Nadeem-ul-Haque, Deputy Chairman Planning Commission of Pakistan and Anis-ul-Haque and mother-in-law of Zaheer Sajjad, former Cabinet Secr
Published 17 Nov, 2011 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Wednesday (November 16, 2011)

Published 17 Nov, 2011 12:00am

Implementation of IP gas pipeline project is in progress

The implementation of the Iran-Pakistan (IP) gas pipeline project is in progress with pace, as the first gas flow is targeted by end of 2014. The route reconnaissance survey has been completed three months ago while the consultant is currently working on
Published 17 Nov, 2011 12:00am

BRIndex30 and BR Sectoral Indices

BRIndex30 and BR Sectoral Indices on Wednesday (November 16, 2011).

Published 17 Nov, 2011 12:00am

Arrangements for making Gwadar winter capital reviewed

Chief Secretary Balochistan Mir Ahmad Bakhsh Lehri has visited coastal town of Gwadar to review the arrangements to make it winter capital of Balochistan. According to a handout issued here on Wednesday, on the instructions of Chief Minister Balochistan N
Published 17 Nov, 2011 12:00am

Despatch of dividend warrants

Dates of despatch of dividend warrants and bonus share certificates.

Published 17 Nov, 2011 12:00am

SECP changes name of registration dept to corporatisation

SECP has changed the name of its Registration Department to 'Corporatisation and Compliance Department.' The old name gave the impression that the department was responsible only for companies' registration, which is one of its functions. Whereas, the dep
Published 17 Nov, 2011 12:00am

Extension granted by the secp for holding of annual general meeting

Extension granted by the secp for holding of annual general meeting

Published 17 Nov, 2011 12:00am

Previous Day

Forex
World
Commodity

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

Gainers
Losers
Leaders

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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Jul-Nov FY25: Foreign borrowing, including $1.03bn from IMF, falls YoY

NJLI Sarmaya Growth Fund Rates

Sapphire Electronics to manufacture & assemble Samsung products in Pakistan

US concerned over sentencing of Pakistanis by military courts

MARI completes disposal of withheld bonus shares

High returns to benefit investors, spur jobs: Aleem

Senate panel to consider tax laws bill today

IFC, local banks to provide $52.2mn financing for tyre production in Pakistan

Resident Pakistanis in UAE, UK: Rental income, capital gain not taxable: ATIR DB

Positive GDP growth rate unlikely?

Resident Pakistanis in UAE, UK: Rental income, capital gain not taxable: ATIR DB

NJLI Sarmaya Growth Fund Rates

Two foreign oil, gas firms win arbitration against PEL

KSE-100 gains over 4,400 points as buying momentum continues

Sapphire Electronics to manufacture & assemble Samsung products in Pakistan

MARI completes disposal of withheld bonus shares

Pakistan must prepare to let go off the crutches of remittances

Tax receipts must improve

NJLI Sarmaya Growth Fund Rates

Resident Pakistanis in UAE, UK: Rental income, capital gain not taxable: ATIR DB

Positive GDP growth rate unlikely?

Two foreign oil, gas firms win arbitration against PEL

Sapphire Electronics to manufacture & assemble Samsung products in Pakistan

KSE-100 gains over 4,400 points as buying momentum continues

MARI completes disposal of withheld bonus shares

Jul-Nov FY25: Foreign borrowing, including $1.03bn from IMF, falls YoY

Pakistan’s Feroze1888 Mills to establish subsidiary in UK

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