News Archives for Print - 2012-09-20

Print - 2012-09-20

Saudi beheads Pakistani

Saudi Arabia beheaded a Pakistani national on Wednesday in the holy city of Medina after convicting him of drug smuggling, the interior ministry said. Bashir Khamis Ahmad was found guilty of trying to smuggle large quantities of heroin into the kingdom.

Published 20 Sep, 2012 12:00am

Countrywide protest over Dr Pervez's murder

A countrywide protest was held on Thursday against the increasing targeted killing in Karachi on the appeal of the Ameer, Jamaat-i-Islami, Pakistan, Syed Munawar Hasan. Protest rallies were held in different cities including Karachi, Lahore, Peshawar, Mul

Published 20 Sep, 2012 12:00am

Sindh reluctant to clear Rs 885 million KWSB dues

The Sindh seems reluctant to pay dues exceeding Rs 886 million to Karachi Water and Sewerage Board (KWSB), citing serious financial crisis, Business Recorder learnt on Wednesday. The water utility has time and again launched recovery campaign. Howe

Published 20 Sep, 2012 12:00am

Delay in appointment of vice chancellor: FUUAST teachers decide to file petition in court

Teachers of Federal Urdu University of Arts Science and Technology (FUUAST) have finally decided to file petition in Supreme Court of Pakistan against the delay in permanent appointment of vice chancellor of the university, sources told Business Record

Published 20 Sep, 2012 12:00am

Fesco disconnects power supply to five government offices

Faisalabad Electric Supply Company (Fesco) has disconnected electricity of five government departments including Faisalabad Railway Station for non payment of dues of electricity bills. Talking to newsmen Chief Executive Officer Faisalabad Electric Supply
Published 20 Sep, 2012 12:00am

President chairs meetings on Sindh flood situation, law and order

President Asif Ali Zardari has directed all the federal and provincial government departments to undertake every possible effort in a concerted manner for providing relief to the flood-hit people and to ensure that the outbreak of various water-borne dise
Published 20 Sep, 2012 12:00am

13 more killed in Karachi

The city unrest following the strike call given by Jamaat-e-Islam (JI) in protest against the killing of one of its local leader, Dr Parvez Mehmood late Monday night, claimed the lives of at least 13 persons, including three political activists, on Wednes
Published 20 Sep, 2012 12:00am

Joblessness contributing to lawlessness: businesspeople

Forced closure of electricity supply to the industrial sectors has resulted into increase in crime rate by 25 percent in the provincial metropolis, said industrial circles. They said the number of fake police encounters is on the rise, which suggests that
Published 20 Sep, 2012 12:00am

JS Bank Limited

JS Bank was formed after the amalgamation of Jahangir Siddiqui Investment Bank Ltd and the commercial operations of American Express Bank Ltd Pakistan. The bank commenced operations on December 30, 2006 with focused operations in retail and consumer banki
Published 20 Sep, 2012 12:00am

Fertiliser industry opposes more urea import

Fertiliser industry has strongly opposed further import of urea for upcoming Rabi season saying there is no fear of any shortage of the commodity as sufficient stocks will be available in the country. Industry sources claimed that urea demand for this Rab
Published 20 Sep, 2012 12:00am

Yaum-e-Ishq-e-Rasool (PBUH) conference: Prime Minister invites political parties' heads

Prime Minister Raja Pervez Ashraf has invited heads of all political parties to join him in the Ishq-e-Rasool (PBUH) Conference at the Convention Center, Islamabad, at 10:00 am on Friday (September 21), to show solidarity on the occasion of Yaum-e-Ishq-e-
Published 20 Sep, 2012 12:00am

Public holiday in Sindh on Friday

Sindh Chief Minister Syed Qaim Ali Shah has announced public holiday in the province on Friday, in line with the decision of the federal cabinet to observe 'Youm-e-Ishq-e-Rasool'(PBUH), said a handout issued here on Wednesday.
Published 20 Sep, 2012 12:00am

Dadabhoy Cement back to business

Dadabhoy Cement Industries Limited, presently quoted in the defaulters segment of the Karachi Stock Exchange (KSE), has rectified the default of listing regulation relating to non-payment of annual listing fee. In view of the above, suspension of trading
Published 20 Sep, 2012 12:00am

'Government stands united with nation in protest against anti-Islam movie'

Minister for Interior Rehman Malik on Wednesday strongly condemned the publication of blasphemous material against Islam, saying the government stands united with nation in the protest against the negative movie.
Published 20 Sep, 2012 12:00am

CDs, cable network: LHC restrains sale of blasphemous material

The Lahore High Court (LHC) on Wednesday restrained sale of CDs containing blasphemous material and to air such material through cable network. The court passed these directions in a petition filed by Almi Majls-e-Tahafuz-e-Khatm-e-Nabuwat against anti-Is
Published 20 Sep, 2012 12:00am

Ishtiaq Baig gets prestigious Club Award

Century 21st Business & Economics Club presented Ishtiaq Baig, founding President, Make A Wish Foundation Pakistan, with prestigious Club Award in recognition of his services for granting the wishes of ill children in Pakistan through Make A Wish Foundati
Published 20 Sep, 2012 12:00am

Military kills 29 militants near Afghan border

The military said it killed 29 Taliban fighters on Wednesday in the final stage of an operation aimed at forcing hundreds of insurgents back across the border into Afghanistan. Soldiers used artillery, helicopter gunships and fighter jets against the insu
Published 20 Sep, 2012 12:00am

Punjab government to waive off taxes in flood-hit villages

Punjab Minister for Agriculture and Livestock Malik Ahmad Ali announced that water cess, agricultural income tax and land tax of flood-hit villages of Dera Ghazi Khan and Rajanpur Districts will be waived off while payment of agricultural loans will also
Published 20 Sep, 2012 12:00am

Anti-Islam film: minorities to hold protest rally today

Chairman Provincial Protection Committee for Minorities' Properties Senator Kamran Michael on Wednesday has said that blasphemous film is a conspiracy against the humanity, religious harmony and accommodation, which will be foiled with the force of unity.
Published 20 Sep, 2012 12:00am

Shahbaz visits flood-affected villages of southern Punjab

Punjab Chief Minister, Shahbaz Sharif on Wednesday visited flood-affected villages in Rajanpur, DG Khan and Rojhan in Southern Punjab as well as inspected relief camps set up in the area. He also addressed the calamity-stricken people at a number of place
Published 20 Sep, 2012 12:00am

40 percent production of apple going waste: need stressed to get grading plant operational soon in Quetta

Apple grading plant, set up by the Pakistan Horticulture Development and Export Company in collaboration with the Agriculture Department Balochistan in Quetta, is non-operational since last many years due to law and order situation and no interest shown b
Published 20 Sep, 2012 12:00am

ISE set to launch indigenous digital trading system

Following the approval of the Securities and Exchange Commission of Pakistan (SECP), Islamabad Stock Exchange (ISE) has decided to launch indigenously developed Electronic Trading System (ETS) for buying and selling of shares, offering new investment prod
Published 20 Sep, 2012 12:00am

Women entrepreneurship conference held

The Khushhali Bank joined hands with Dawood Global Foundation (DGF), Dawood Capital Management Limited (DCM) and Higher Education Commission (HEC) to promote women entrepreneurship in the country. All these organisations sponsored the third Ladiesfund Ent
Published 20 Sep, 2012 12:00am

Students protest against anti-Islam film in Quetta

Elementary Colleges students and Pakistan Tehreek-e-Insaf workers held protest and demonstration on Wednesday to condemn blasphemous film. The students took out rally to strongly condemn profane movie, who marched through various roads of the city and gat
Published 20 Sep, 2012 12:00am

Leading industries: DG I&I IR Lahore decides to investigate tax evasion

Directorate of Intelligence and Investigation Inland Revenue (IR) Lahore has decided to investigate tax evasion in leading industries like sugar, ghee and cooking oil, steel along with wire and cable sectors. Sources told Business Recorder here on
Published 20 Sep, 2012 12:00am

Caretaker set-up: PTI rejects PML-N leader's claims

Pakistan Tehreek-e-Insaf (PTI) Wednesday out rightly rejected claims of Pakistan Muslim League-Nawaz (PML-N), saying neither the party was contacted nor it has proposed any name for the caretaker prime minister. Talking to Business Recorder, PTI ce
Published 20 Sep, 2012 12:00am

Workshop

Two days' workshop on "Strategic HR Planning and Result Based Management, under TRTA-II Programme" was inaugurated by the DG-IPO-Pakistan on Wednesday at IPO Headquarters, Islamabad. The basic purpose of the workshop is to improve the professional skills
Published 20 Sep, 2012 12:00am

Panel reviews suggestions on LNG infrastructure

First meeting of the committee constituted by the Prime Minister for development of LNG infrastructure held here on Wednesday under the chairmanship of Federal Minister for Finance and Economic Affairs Dr Abdul Hafeez Shaikh. While approving, in principle
Published 20 Sep, 2012 12:00am

Pakistan-Tunisia Joint Commission meeting begins

Pak-Tunisia Joint Commission Wednesday commenced its 8th session aimed at exploring avenues for closer co-operation in various areas including trade, economic, energy and telecommunication sectors. The opening ceremony of the two-day (September 19-20 ) 8t
Published 20 Sep, 2012 12:00am

New IT calculation facility to benefit 0.5 million taxpayers

Around 500,000 taxpayers can avail a new facility of the Federal Board of Revenue (FBR) to automatically calculate the due amount of income tax on new income tax return forms with an in-built computation formula for Tax Year 2012. Sources told Business
Published 20 Sep, 2012 12:00am

HHRD initiates relief activities in flood-hit areas

Helping Hands for Relief and Development (HHRD) has initiated its relief activities in flood-ravaged areas across the country under which the organisation will provide cooked food, clean drinking water and health facilities. Director HHRD Saleem Mansoori
Published 20 Sep, 2012 12:00am

Remittances playing vital role in economy: Farooq

Federal Minister for Overseas Pakistanis, Dr Farooq Sattar said on Wednesday that the foreign remittances and investment in the country by overseas playing a vital role in stabilising the economy of Pakistan. Talking to APP, he said the overseas Pakistani
Published 20 Sep, 2012 12:00am

IKRF, BISP agree to work together: Iranian delegation meets Prime Minister

A six-member delegation led by Hossein Anvari, Head of Imam Khomeini Relief Foundation (IKRF) called on Prime Minister Raja Pervez Ashraf at Prime Minister's House on Wednesday. Federal Minister and Chairperson Benazir Income Support Programme (BISP) Farz
Published 20 Sep, 2012 12:00am

BooDs, BoM remuneration: PRAL makes proposal for pays, perks to attend meeting

Pakistan Revenue Automation Limited (PRAL) has proposed to the FBR for fixing remunerations of Rs 10,000 per day in addition to travelling and boarding expenses to PRAL's Board of Directors for attending meetings at the FBR. Sources told Business Recor
Published 20 Sep, 2012 12:00am

Security beefed up in Diplomatic Enclave: minister

Security has been beefed up in Diplomatic Enclave in the wake of protests held in the federal capital against the anti-Islam movie clip to avert the possibility of any act of sabotage, Minister for Information and Broadcasting Qamar Zaman Kaira said on We
Published 20 Sep, 2012 12:00am

'All resources being utilised to set up model police stations'

Efforts are underway to establish the Model Police Stations in the province on the pattern of Danewal Model Police Station located in Vehari district and all available resources are being utilised for this purpose. Inspector General of Police (IGP) Punjab
Published 20 Sep, 2012 12:00am

Australian firm says only two sheep are infected: immediate halt to culling demanded

An Australian live stock exporting company, Wellard Rural Exports on Wednesday asked the authorities to immediately halt culling of the imported sheep claiming that only two of the 22,000 sheep were infected while the rest were in good health.
Published 20 Sep, 2012 12:00am

22-megawatts Jabban hydropower: project to generate electricity by March 2013, says chairman Wapda

The 22 MW-Jabban Hydropower Project, located in Malakand Division of Khyber Pakhtunkhwa province, will start electricity generation by March 2013. This was stated by the Pakistan Water and Power Development Authority (Wapda) Chairman Syed Raghib Abbas Sha
Published 20 Sep, 2012 12:00am

Import of infected sheep: government yet to take action

Though over 3,000 Australian infected sheep have been culled so far, the government is yet to take action against those responsible for importing sheep. The Australian exporting firm has come here to defend the health of 22,000 sheep exported to Pakistan
Published 20 Sep, 2012 12:00am

Altaf condemns attack on PAF van

Muttahida Qaumi Movement (MQM) Quaid Altaf Hussain on Wednesday strongly condemned the blowing up of a PAF van with explosives on Kohat Road near Scheme Chowk in Peshawar. He expressed his grief and sorrow over the killing of several persons as a result o
Published 20 Sep, 2012 12:00am

Strike causes huge production, export losses

Strike against killing of Former Town Nazim Dr Pervez Mehmood on Wednesday partially paralysed industrial activities in the city, albeit causing huge production and export losses. After the murder, the strike call was given by Jamaat-i-Islami for Wednesda
Published 20 Sep, 2012 12:00am

Piaf-Founders Alliance wins all seats of LCCI Corporate Class

The Piaf-Founders Alliance on Wednesday made clean sweep by winning all the seven seats of LCCI Corporate Class for year 2012-11. Total 816 votes were polled out of 2,120 while eight votes were rejected due to technical reasons. Piaf-Founder Alliance got
Published 20 Sep, 2012 12:00am

CS Khyber Pakhtunkhwa directs early completion of uplift schemes in Chitral

Chief Secretary, Khyber-Pakhtunkhwa, Ghulam Dastgir Akhtar, said that no leniency will be exhibited in the timely completion of development projects with specified quality; and any government official found responsible for the delay will be taken to task
Published 20 Sep, 2012 12:00am

NDMA distributes 125,152 food packs in different areas

National Disaster Management Authority (NDMA) has distributed 125152 foods packs among flood victims in different parts of the country which affected 11,56,507 people and claimed 262 lives besides 815 injured. An official of the Authority told APP here on
Published 20 Sep, 2012 12:00am

Peace Day to be observed tomorrow

The United Nations' (UN) International Day of Peace will be celebrated on September 21 to recognise the efforts of those who have worked hard to end conflict and promote peace. On the International Day of Peace, also known as Peace Day, people around the
Published 20 Sep, 2012 12:00am

Jamaat-i-Islami strike hits business activities in Karachi

Business activities in Karachi remained thin on Wednesday as most of the city markets stayed closed due to a strike call given by Jamaat-i-Islami (JI) against the killing of its senior leader the other day. Main wholesales and grain, electronics, medicine
Published 20 Sep, 2012 12:00am

Sindh Secretariat witnesses low attendance

Not only in the offices of the private sector but thin attendance was also observed in state-run-offices located in Sindh Secretariat's all buildings due to the tension which gripped Karachi after the strike call by Jamaat-i-Islami (JI) on Wednesday. JI a
Published 20 Sep, 2012 12:00am

APCMA, PSQCA discuss industry's issues

A meeting was held between All Pakistan Cement Manufacturers Association (APCMA) and Pakistan Standards and Quality Control Authority (PSQCA) to discuss industry issues. The meeting was chaired by Pir Bakhsh Jamali, Director General, (DG) Pakistan Standar
Published 20 Sep, 2012 12:00am

PCL profit after tax increases to Rs 139.956 million

The profit after tax of Pakistan Cables Limited has increased to Rs 139.956 million in the year ended June 30, 2012 (FY12) as compared to Rs 85.682 million earned in the corresponding period in FY11. The company's earning per share increased to Rs 4.92 in
Published 20 Sep, 2012 12:00am

Jamaat-i-Islami activist laid to rest in local graveyard

Slain member of Jamaat-i-Islami (JI), Abdul Wahid was laid to rest in a local graveyard in Malir Town amid tears and sobs on Wednesday. Chief of JI Sindh, Asadullah Bhutto offered the funeral prayer of Abdul Wahid on main M.A. Jinnah Road. He was killed o
Published 20 Sep, 2012 12:00am

PTI condemns Karachi, Peshawar blasts

Pakistan Tehreek-e-Insaf (PTI)'s leaders on Wednesday have strongly condemn the bomb blasts in Karachi and Peshawar, which claimed 18 lives and many injured. PTI Chairman Imran Khan, Vice Chairman Shah Mehmood Qureshi, President Javed Hashmi, Secretary Ge
Published 20 Sep, 2012 12:00am

GolenGol Hydropower project contract: TI Pakistan accuses Wapda of violating PPRA rules

Wapda has violated Public Procurement Rules 2004 in the award of Rs 1.9 billion contract of GolenGol Hydropower project- Lot-2 & Lot-3.1, civil works and powerhouse in connivance with Al-Fajr, according to Transparency International Pakistan. Transparency
Published 20 Sep, 2012 12:00am

Rain-hit areas in Sindh: Iran will construct 1,500 houses

A high level seven-member delegation from Imam Khomeini Relief Committee headed by Hossein Anvari Chairman I K R C Iran, had a meeting with Chief Minister Sindh Syed Qaim Ali Shah at CM House late Tuesday night. The meeting was also attended by Consul Gen
Published 20 Sep, 2012 12:00am

ACCA's Talent Gymansium today

ACCA Islamabad is organising Talent Gymnasium on September 20 for ACCA affiliates and professional level students. The event is an exciting opportunity for young professionals to polish their leadership and interpersonal skills and to network with ACCA's
Published 20 Sep, 2012 12:00am

Hoti approves establishment of two dispensaries in Bannu

Chief Minister Khyber Pakhtunkhwa Amir Haider Khan Hoti on Wednesday approved the establishment of two dispensaries and 10 posts in this connection on non-developmental basis in Kotka Mubarik Din and Kotka Fazal Rahman Mandeu district Bannu. The newly app
Published 20 Sep, 2012 12:00am

Altaf calls for equipping LEAs with modern weapons

Muttahida Qaumi Movement (MQM) Quaid Altaf Hussain on Wednesday demanded of the federal and provincial governments to take effective steps for eliminating terrorism. Talking to Sindh Governor Ishrat-ul-Ebad, Chief Secretary Raja Abbas and IGP Sindh Fayyaz
Published 20 Sep, 2012 12:00am

LCCI resents businessman's arrest

The Lahore Chamber of Commerce and Industry (LCCI) has condemned the arrest of renowned businessman Sheikh Muhammad Hanif who was handcuffed by a dengue squad. The LCCI office bearers; President Irfan Qaiser Sheikh, Senior Vice President Kashif Younis Meh
Published 20 Sep, 2012 12:00am

Poor performance of social sectors

A report released by Mahbubul Haq Centre maintains that "weak administrative structures, low budget allocations, poor quality and widespread inequities in access" are major impediments in the delivery of key social sectors such as education and health in
Published 20 Sep, 2012 12:00am

The black sheep is white

The suicide-bombers, target-killers, kidnappers-for-ransom, letter-bearing extortionists, murderers and others of that ilk are indeed the staple diet of media and regular public discourse. We take notice of them ever more concerned and expect the law-enfo
Published 20 Sep, 2012 12:00am

VIEWPOINT: Mixing of freedom and bigotry

An anti-Islam video made by a Christian extremist Morris Sadek and posted on the YouTube with the express intention to provoke Muslims, continues to spur a wave of anti-American protests in different parts of the world. Following the killing of Ambassador
Published 20 Sep, 2012 12:00am

How money-laundering affects individuals and the state

The United Nations International Drug Control Program (UNDCP) estimates that the illegal drug trade generates retail sales of about $400 billion a year, nearly double the revenue of the global pharmaceutical industry or about ten times the sum of all offi
Published 20 Sep, 2012 12:00am

Gaffe-prone Romney may have made biggest slip-up yet

Prior to Mitt Romney's latest foot-in-mouth moment, the subject of candidates' gaffes had been widely regarded as an entertaining but ultimately frivolous side-show in the usually dour world of political campaigns. That all changed Tuesday after the Repub
Published 20 Sep, 2012 12:00am

Offer of 100 percent scholarship to kids of fire incident victims

I feel deepest grief and sorrow over the fire incident happened at Ali Enterprise Garment Factory Baldia, Karachi, where about 290 innocent people died. I would like to bring to your kind information that in order to show sympathy with the affected famili
Published 20 Sep, 2012 12:00am

Partly Facetious: Gilani made the major sacrifice

"Raja sahib is one wily guy."
Published 20 Sep, 2012 12:00am

KU to hold international moot on natural product chemistry from September 22

The 13th International Symposium on Natural Product Chemistry will commence from September 22. The four-day event would be held at International Centre for Chemical and Biological Sciences (ICCBS), Karachi University. Over 700 eminent scientists and young
Published 20 Sep, 2012 12:00am

Murder cases in June: Peshawar, Faisalabad districts top the list

Murder cases went up 8 percent with 1,085 being reported in 85 districts in June as compared with May figures of 996 covering 80 districts, says a Free and Fair Election Network (FAFEN) report. The report released on Wednesday said Peshawar (54) and Faisa
Published 20 Sep, 2012 12:00am

Upcoming general election: ECP convenes meeting of major parties on September 27

The Election Commission of Pakistan (ECP) has convened a high-level consultative meeting with leaders of all major political parties of the country on September 27 to discuss the arrangements made for forthcoming general elections and other relevant facto
Published 20 Sep, 2012 12:00am

World Food-Moscow fair: opportunity to showcase agriculture products squandered

The opportunity provided to Pakistan by the "World Food-Moscow" fair to showcase its agricultural produce has been lost due to the lousy approach of the Trade Development Authority of Pakistan (TDAP). The fair was inaugurated in Moscow on September 17 and
Published 20 Sep, 2012 12:00am

Committee oversees final preparations of IDEAS-2012

Participation of world renowned foreign and local defence related companies, along with high level defence delegations from around the world, in IDEAS-2012 will mark Pakistan's presence in Defence Production field at global level. This was stated by Major
Published 20 Sep, 2012 12:00am

APML rejects Dr Qadeer's allegations

All Pakistan Muslim League (APML) has rejected Dr Abdul Qadeer Khan's allegation that nuclear technology was transferred on the orders of Shaheed Benazir Bhutto, saying that Prime Minister or any other person carrying equal status has not any role in nucl
Published 20 Sep, 2012 12:00am

PEF provides training

A batch of 42 students, studying in schools partnered with the Punjab Education Foundation (PEF) under its foundation assisted schools programme, has completed its three months extensive training of culinary arts from the college of tourism & hotel manage
Published 20 Sep, 2012 12:00am

Land Acquisition officer appointed

The Board of Revenue, Sindh, in exercise of powers vested in him Under Section 3(C) of Land Acquisition Act, 1894, is pleased to appoint Badruddin Shaikh as the Land Acquisition Officer, Sui Northern Gas Pipeline Limited at Sukkur with powers of Collector
Published 20 Sep, 2012 12:00am

CDA fails to preserve, protect greenery: master plan demolished

The Greek firm of architects - Doxiadis Associates - designed the master plan of the Federal Capital to provide a healthy climate, pollution-free atmosphere, lush green areas to the residents but the greenery of the city is continuously eroding due to cho
Published 20 Sep, 2012 12:00am

Japan extends Rs 6.5 million grant to HOPE

The government of Japan has extended a grant of 72,922 dollars (approximately Rs 6.5 million) to Health Oriented Preventive Education Foundation (HOPE), the project for expansion of health oriented preventive education formal school and Vocational Trainin
Published 20 Sep, 2012 12:00am

REAP elections 2012: South Zone Group wins all five seats

The South Zone Group has won all five seats of managing committee of Rice Exporters Association of Pakistan (REAP). The Elections 2012 for five seats of REAP managing committee South Zone comprising of Sindh and Balochistan were held at REAP House here on
Published 20 Sep, 2012 12:00am

UAF, Suparco to jointly organise world space week

University of Agriculture Faisalabad in collaboration with Pakistan Space and Upper Atmosphere Research Commission (Suparco) is going to organise a world space week at UAF campus. The school students have been asked to participate in the world space week
Published 20 Sep, 2012 12:00am

Christians condemn blasphemous film

Christian community has sympathised with the Muslim majority on blasphemy issue condemning the controversial and sacrilegious movie "Innocence of Muslims" describing it offensive to Islam.
Published 20 Sep, 2012 12:00am

PTI supports strike call

Pakistan Tehreek-e-Insaf (PTI)'s Vice-President Ejaz Ahmad Chauhdry announced to support the strike called on Friday (September 21) in protest against the blasphemous movie. He was addressing a press conference here on Wednesday. PTI Information Secretary
Published 20 Sep, 2012 12:00am

Senate panel urges government to raise issue at UN session

The release of anti-Islam film is a deliberate attempt to provoke the sentiments of Muslims, whereas an act of extremism and militancy not merely means physical violence, it is also tied to intolerance and religious provocation, Senate Standing Committee
Published 20 Sep, 2012 12:00am

Eight rallies organised in Multan

More than 1,500 participants of eight protest rallies organised by religious, business and political groups, protested against an anti-Islam film in Multan on Wednesday. CPO Multan Aamer Zulfikar said, "More than 1,500 people including students and trader
Published 20 Sep, 2012 12:00am

Small traders stage protest rally

Small traders on Wednesday staged a protest rally against the anti-Islam film and warned the US that such acts would "doom its society". Hundreds of traders took out a procession from Arambagh Market to Karachi Press Club. They were carrying banners and p
Published 20 Sep, 2012 12:00am

CBE institutions to remain closed tomorrow

Catholic Board of Education (CBE) of the Archdiocese of Karachi has announced that all schools and colleges under its management will remain closed on Friday, September 21, in protest against the video-film that has hurt the feelings of Muslims in Pakista
Published 20 Sep, 2012 12:00am

Demonstrators call for severing ties with US

The public anger simmered as the protests and demonstrations against the anti-Islam movie swelled with each passing day. On Wednesday, people from all walk of life joined with agitators under the banner of different political and religious parties, studen
Published 20 Sep, 2012 12:00am

MCCI condemns sacrilegious film

Multan Chamber of Commerce and Industry (MCCI) on Wednesday strongly condemned the provocative, defamatory US-made movie.
Published 20 Sep, 2012 12:00am

Traders to observe shutter-down strike tomorrow

Traders of Lahore have decided to observe a shutter-down strike on Friday to register their protest against the American blasphemous film. Traders took out protest rallies in different markets of the city to condemn the derogatory act committed by a US pa
Published 20 Sep, 2012 12:00am

Ahle Sunnat wal Jamaat protests anti-Islam film

Ahle Sunnat- wal-Jamaat Pakistan on Wednesday staged a large procession against the anti-Islam film in the city, urging the western world to carry out effective legislation to protect the sanctity of the Holy Prophet Muhammad (PBUH). The Jamaat organised
Published 20 Sep, 2012 12:00am

US MIDDAY: gold flat

Gold traded flat early on Wednesday, hovering near a 6-1/2 month high hit in early trade, buoyed by monetary stimulus from central banks around the world despite pressure from tumbling crude oil prices. Turnover in US gold futures was higher than usual af
Published 20 Sep, 2012 12:00am

US MIDDAY: copper rises

Copper prices closed higher on Wednesday after touching a fresh 4-1/2 month high, supported by a surprise decision from the Bank of Japan (BoJ) to further ease its monetary policy. COMEX copper for December delivery rose 2.70 cents to settle at $3.8140 pe
Published 20 Sep, 2012 12:00am

US MIDDAY: soya and corn up

US soyabeans rose nearly 2 percent early on Wednesday after their biggest two-day selloff in seven weeks, and corn and wheat also climbed on buying interest at lower prices. Soyabeans had fallen sharply this week on expectations crop yields across the dro
Published 20 Sep, 2012 12:00am

Gold falls in Europe

Gold prices fell as crude oil slid and the dollar strengthened, but the metal was underpinned near the 6-1/2 month high it hit earlier on Wednesday after the Bank of Japan became the latest central bank to announce a fresh round of bullion-friendly moneta
Published 20 Sep, 2012 12:00am

Gold climbs in Asia

Gold shook off early losses to hit its highest level in 6-1/2 months on Wednesday after Japan joined the United States and Europe in mounting more stimulus measures to boost its economy, raising gold's appeal as a hedge against inflation. Spot gold rose a
Published 20 Sep, 2012 12:00am

Platinum slides in New York

Platinum fell 2 percent on Tuesday following news that striking platinum miners at South Africa's Lonmin mine accepted a pay offer that could have them returning to work on Thursday. After trading mostly higher early in the session, the metal suddenly nos
Published 20 Sep, 2012 12:00am

Sugar plunges

ICE raw sugar futures made their biggest two-day tumble in three months on Wednesday, with dealers focused on a global surplus of the sweetener and on the progress of the harvest in Brazil, while a broad decline in commodity markets added to downward pres
Published 20 Sep, 2012 12:00am

Palm oil down

Malaysian palm oil futures closed slightly lower on Wednesday, as last-minute selling on better-than-expected soybean yields in the United States offset gains boosted by expectations of strong export data. Sentiment remains cautious after palm oil futures
Published 20 Sep, 2012 12:00am

Soya tumbles

Soyabeans fell 1.7 percent on Tuesday for their biggest two-day selloff in seven weeks as a record pace in the harvest and expectations of improved yields following late summer rains suggested the market may have seen its 2012 highs. Analysts monitored te
Published 20 Sep, 2012 12:00am

Rotterdam vegetable oil prices

Wednesday's Rotterdam vegetable oil prices at 1600 GMT.
Published 20 Sep, 2012 12:00am

Previous Day

Forex
World
Commodity

Currency Rate

USD PKR Interbank Selling / Jan 30

278.97

USD PKR Interbank Buying / Jan 30

278.77

USD to Japanese Yen / Jan 30

154.56

USD to Swiss Franc / Jan 30

0.91

Pound Sterling to USD / Jan 30

1.24

Euro to USD / Jan 30

1.04

Stock Volume

S&P 500 / Jan 29

6,039.31

Nasdaq / Jan 29

19,632.32

Hang Seng / Jan 29

20,225.11

FTSE 100 / Jan 29

8,557.81

Dow Jones / Jan 29

44,713.52

Germany DAX 30 / Jan 29

21,637.53

France CAC40 / Jan 29

7,872.48

India Sensex / Jan 30

76,776.38

Item Value

Karachi Cotton PKR/37.32 KG / Jan 29

18,285

Gold 10 Grams PKR / Jan 29

247,513

Petrol/Litre / Jan 30

256.13

Crude Oil USD/Barrel / Jan 30

72.66

Gold Spot USD/Ounce / Jan 30

2,759.76

Diesel/Litre / Jan 30

260.95

Gainers
Losers
Leaders

Stock Price

Chenab Ltd (Pref) / Jan 30

Chenab Limited (Pref)(CLCPS)

4

▲ 0.45 (12.68%)

Chenab Ltd / Jan 30

Chenab Limited(CHBL)

9.08

▲ 1 (12.38%)

Redco Textile / Jan 30

Redco Textiles Limited(REDCO)

21.97

▲ 2 (10.02%)

J.K.Spinning / Jan 30

J.K. Spinning Mills Limited(JKSM)

63.80

▲ 5.8 (10%)

Fateh Ind. / Jan 30

Fateh Industries Limited(FIL)

147.33

▲ 13.39 (10%)

Atlas Honda Ltd / Jan 30

Atlas Honda Limited(ATLH)

873.29

▲ 79.39 (10%)

Loads Limited / Jan 30

Loads Limited(LOADS)

18.92

▲ 1.72 (10%)

Supernet Ltd. / Jan 30

Supernet Limited (GEM)(GEMSPNL)

21.78

▲ 1.98 (10%)

Leather Up Ltd. / Jan 30

Leather Up Limited(LEUL)

48.85

▲ 4.44 (10%)

Stock Price

Tariq Corp.Pref. / Jan 30

Tariq Corporation Limited-Preference Shares(TCORPCPS)

6.91

▼ -0.97 (-12.31%)

National Silk / Jan 30

The National Silk & Rayon Mills Limited(NSRM)

45.35

▼ -5.04 (-10%)

Premier Sugar / Jan 30

The Premier Sugar Mills(PMRS)

359.58

▼ -39.95 (-10%)

Kohat Textile / Jan 30

Kohat Textile Mills Limited(KOHTM)

31.62

▼ -3.51 (-9.99%)

Faran Sugar / Jan 30

Faran Sugar Mills Limited(FRSM)

46

▼ -5 (-9.8%)

Trust Sec.& Brok. / Jan 30

Trust Securities & Brokerage Limited(TSBL)

13.53

▼ -1.21 (-8.21%)

Gulshan Sp. / Jan 30

Gulshan Spinning Mills Limited(GSPM)

3.72

▼ -0.31 (-7.69%)

Tandlianwala Sugar / Jan 30

Tandlianwala Sugar Mills Limited(TSML)

66

▼ -4.99 (-7.03%)

Gadoon Textile / Jan 30

Gadoon Textile Mills Limited(GADT)

220

▼ -15.14 (-6.44%)

Stock Volume

Cnergyico PK / Jan 30

Cnergyico PK Limited(CNERGY)

31,197,761

▲ 0.1

K-Electric Ltd. / Jan 30

K-Electric Limited(KEL)

29,670,310

▼ -0.01

Citi Pharma Ltd / Jan 30

Citi Pharma Ltd.(CPHL)

25,413,292

▲ 3.54

Bank Makramah / Jan 30

Bank Makramah Limited(BML)

25,004,085

▲ 0.27

Dewan Motors / Jan 30

Dewan Farooque Motors Limited(DFML)

24,726,221

▼ -0.85

WorldCall Telecom / Jan 30

Worldcall Telecom Limited(WTL)

20,794,723

▲ 0.01

Sui South Gas / Jan 30

Sui Southern Gas Company Limited(SSGC)

15,998,837

▲ 0.3

Waves Home Appliances / Jan 30

Waves Home Appliances Limited(WAVESAPP)

13,617,932

▲ 0.79

Fauji Cement / Jan 30

Fauji Cement Company Limited(FCCL)

13,308,955

▲ 0

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KSE-100 closes 1,360 points lower as investors opt for caution

Currency	Rate
USD PKR Interbank Selling / Jan 30	278.97
USD PKR Interbank Buying / Jan 30	278.77
USD to Japanese Yen / Jan 30	154.56
USD to Swiss Franc / Jan 30	0.91
Pound Sterling to USD / Jan 30	1.24
Euro to USD / Jan 30	1.04

Stock	Volume
S&P 500 / Jan 29	6,039.31
Nasdaq / Jan 29	19,632.32
Hang Seng / Jan 29	20,225.11
FTSE 100 / Jan 29	8,557.81
Dow Jones / Jan 29	44,713.52
Germany DAX 30 / Jan 29	21,637.53
France CAC40 / Jan 29	7,872.48
India Sensex / Jan 30	76,776.38

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 29	18,285
Gold 10 Grams PKR / Jan 29	247,513
Petrol/Litre / Jan 30	256.13
Crude Oil USD/Barrel / Jan 30	72.66
Gold Spot USD/Ounce / Jan 30	2,759.76
Diesel/Litre / Jan 30	260.95

Stock	Price
Chenab Ltd (Pref) / Jan 30 Chenab Limited (Pref)(CLCPS)	4 ▲ 0.45 (12.68%)
Chenab Ltd / Jan 30 Chenab Limited(CHBL)	9.08 ▲ 1 (12.38%)
Redco Textile / Jan 30 Redco Textiles Limited(REDCO)	21.97 ▲ 2 (10.02%)
J.K.Spinning / Jan 30 J.K. Spinning Mills Limited(JKSM)	63.80 ▲ 5.8 (10%)
Fateh Ind. / Jan 30 Fateh Industries Limited(FIL)	147.33 ▲ 13.39 (10%)
Atlas Honda Ltd / Jan 30 Atlas Honda Limited(ATLH)	873.29 ▲ 79.39 (10%)
Loads Limited / Jan 30 Loads Limited(LOADS)	18.92 ▲ 1.72 (10%)
Supernet Ltd. / Jan 30 Supernet Limited (GEM)(GEMSPNL)	21.78 ▲ 1.98 (10%)
Leather Up Ltd. / Jan 30 Leather Up Limited(LEUL)	48.85 ▲ 4.44 (10%)

Stock	Price
Tariq Corp.Pref. / Jan 30 Tariq Corporation Limited-Preference Shares(TCORPCPS)	6.91 ▼ -0.97 (-12.31%)
National Silk / Jan 30 The National Silk & Rayon Mills Limited(NSRM)	45.35 ▼ -5.04 (-10%)
Premier Sugar / Jan 30 The Premier Sugar Mills(PMRS)	359.58 ▼ -39.95 (-10%)
Kohat Textile / Jan 30 Kohat Textile Mills Limited(KOHTM)	31.62 ▼ -3.51 (-9.99%)
Faran Sugar / Jan 30 Faran Sugar Mills Limited(FRSM)	46 ▼ -5 (-9.8%)
Trust Sec.& Brok. / Jan 30 Trust Securities & Brokerage Limited(TSBL)	13.53 ▼ -1.21 (-8.21%)
Gulshan Sp. / Jan 30 Gulshan Spinning Mills Limited(GSPM)	3.72 ▼ -0.31 (-7.69%)
Tandlianwala Sugar / Jan 30 Tandlianwala Sugar Mills Limited(TSML)	66 ▼ -4.99 (-7.03%)
Gadoon Textile / Jan 30 Gadoon Textile Mills Limited(GADT)	220 ▼ -15.14 (-6.44%)

Stock	Volume
Cnergyico PK / Jan 30 Cnergyico PK Limited(CNERGY)	31,197,761 ▲ 0.1
K-Electric Ltd. / Jan 30 K-Electric Limited(KEL)	29,670,310 ▼ -0.01
Citi Pharma Ltd / Jan 30 Citi Pharma Ltd.(CPHL)	25,413,292 ▲ 3.54
Bank Makramah / Jan 30 Bank Makramah Limited(BML)	25,004,085 ▲ 0.27
Dewan Motors / Jan 30 Dewan Farooque Motors Limited(DFML)	24,726,221 ▼ -0.85
WorldCall Telecom / Jan 30 Worldcall Telecom Limited(WTL)	20,794,723 ▲ 0.01
Sui South Gas / Jan 30 Sui Southern Gas Company Limited(SSGC)	15,998,837 ▲ 0.3
Waves Home Appliances / Jan 30 Waves Home Appliances Limited(WAVESAPP)	13,617,932 ▲ 0.79
Fauji Cement / Jan 30 Fauji Cement Company Limited(FCCL)	13,308,955 ▲ 0