News Archives for Print - 2012-09-24

THURSDAY SEPTEMBER 20: 'Securities Investors Protection Corp': SECP floating idea to protect general investors

Published 24 Sep, 2012 12:00am

Messi denies rift with Villa following bust-up

Argentine superstar Lionel Messi has insisted he is on good terms with Barcelona team-mate David Villa after the two players had a heated exchange of words during their 2-0 victory over Grenada on Saturday. "I have absolutely no problem with Guaje (Villa'

Published 24 Sep, 2012 12:00am

WEDNESDAY SEPTEMBER 19: Increase in power sector subsidies: fiscal deficit targets unachievable: MoF

Published 24 Sep, 2012 12:00am

ICC defends World Twenty20's monsoon dates

The International Cricket Council on Sunday defended the scheduling of the World Twenty20 as monsoon rains threatened to ruin the tournament in Sri Lanka. "This was the only period available in the Future Tours Programme this year to conduct the tournamen

Published 24 Sep, 2012 12:00am

WEDNESDAY SEPTEMBER 19: PIA chairman resigns

Published 24 Sep, 2012 12:00am

United down Liverpool at emotional Anfield

Ten-man Liverpool were left searching for their first Premier League win under new manager Brendan Rodgers as arch-rivals Manchester United came from behind to win 2-1 at an emotional Anfield on Sunday.

Published 24 Sep, 2012 12:00am

TUESDAY SEPTEMBER 18: Blasphemous film: government orders YouTube halt

Published 24 Sep, 2012 12:00am

Top pharmaceutical companies form nonprofit body to speed drug development

Ten top pharmaceutical companies from the United States and Europe said they have formed a nonprofit organisation to accelerate the development of new drugs, a risky and expensive undertaking for companies of any size.

Published 24 Sep, 2012 12:00am

TUESDAY SEPTEMBER 18: Remove entire sacrilegious content, Supreme Court asks PTA

Published 24 Sep, 2012 12:00am

Oracle sees software growth amid weak hardware sales

Oracle Corp's hardware sales are expected to drop further after tumbling 24 percent from a year ago, the software maker said, as it strives to turn around its Sun computer division amid tight technology budgets.

Published 24 Sep, 2012 12:00am

MONDAY SEPTEMBER 17: Petrol price increased by Rs 6.82 per litre

Published 24 Sep, 2012 12:00am

Shell sees Majnoon resuming oil output in first quarter

Royal Dutch Shell expects to resume production at its Majnoon oilfield in Iraq in the first quarter of 2013, a senior company official said on September 18, as a pipeline construction delay means it is likely to miss a year-end production target.

Published 24 Sep, 2012 12:00am

MONDAY SEPTEMBER 17: FX & Gold weekly outlook - September 17-21: Inflation still very low in global debt-ridden economies

Published 24 Sep, 2012 12:00am

Investment banks could cut 75,000 staff by 2017

Up to 15 percent of the 500,000 jobs in investment banking could disappear in the next five years as the euro zone crisis and stiffer regulation hammers revenue, profitability and risk-taking, Roland Berger Strategy Consultants said on September 19.

Published 24 Sep, 2012 12:00am

Deutsche Telekom wins 400 million euro contracts in Spain

German telecoms giant Deutsche Telekom said on September 20 it has won contracts worth 400 million euros ($520 million) to supply IT and telecommunications systems to the Catalonia regional government in Spain.

Published 24 Sep, 2012 12:00am

Glencore's Philippine copper unit plans $600 million expansion

Commodities trader Glencore International is close to concluding technical and financial studies for its $600-million plan to double capacity at the Philippines' only copper smelter and refinery, a top official of the smelter said on September 20.

Published 24 Sep, 2012 12:00am

Japan Inc comes together to save Renesas: report

Major Japanese companies have teamed up with a government-backed turnaround fund to rescue troubled chipmaker Renesas, in a move designed to block a purchase by a US investment firm, a report said on September 22.

Published 24 Sep, 2012 12:00am

Daimler says truck business faring well despite crisis

German automaker Daimler, one of the world's leading maker of trucks, said on September 18 its commercial vehicles business is managing to defy the current crisis.

Published 24 Sep, 2012 12:00am

Microsoft Explorer hole prompts warnings

Microsoft has urged users of Internet Explorer to step up security measures following news of a vulnerability in the browser, while some security experts urged users to switch browsers. Microsoft issued a security bulletin late Monday saying it was invest

Published 24 Sep, 2012 12:00am

Western Digital router analyses data traffic

A new router from Western Digital is designed to ease surfing, gaming and streaming in one's home network. The My Net N900 employs FasTrack Plus technology, which recognises whether a user is gaming, streaming a movie or conducting a video chat by looking

Published 24 Sep, 2012 12:00am

New wireless USB port for smartphones, PCs

US manufacturer Sanho has revealed its Hyper Drive iUSBport. The small box comes with three USB ports for reading data from attached sticks, hard drives or devices and transmitting them to computers and smartphones via a wifi signal. The iUSBport does thi

Published 24 Sep, 2012 12:00am

External HD connects via wifi or USB

Storage services provider Buffalo Technology has presented its new external hard drive, the MiniStation Air. It comes with a 500-gigabyte capacity and can receive data both via a USB 3.0 cable or wirelessly. Data is encoded with WPA2 during transfer. Up t

Published 24 Sep, 2012 12:00am

Twitter unveils new design, apps

Twitter on September 18 unveiled a series of design updates, a new app for the iPad and new versions of the application for other mobile devices.

Published 24 Sep, 2012 12:00am

Motorola launches Intel-powered smartphone

Google's Motorola Mobility revealed a new smartphone for Europe and Latin America on September 18, rolling out the first handset of a multi-device agreement with top chipmaker Intel. With a 4.3 inch display and Google's Android platform, the Razr i is ver

Published 24 Sep, 2012 12:00am

Security experts warn of bug in Microsoft's Web browser

Computer security experts are urging PC users to temporarily stop browsing the Web with Microsoft Corp's Internet Explorer, saying a newly identified bug in the software makes computers susceptible to attack by hackers.

Published 24 Sep, 2012 12:00am

Supercomputer breakthrough for Australian team

An Australian-led research team said on September 20 they had made a technological breakthrough in the race for a quantum supercomputer that could revolutionise data encryption and medicine.

Published 24 Sep, 2012 12:00am

Facebook switches off facial recognition tool

Facebook said on September 21 it had switched off the facial-recognition tool that prompts users to "tag" photographs uploaded to its website following a privacy investigation. The feature was identified by regulators as one of the main privacy threats po

Published 24 Sep, 2012 12:00am

HTC launches Windows-powered smartphones

Taiwan's HTC unveiled its first smartphones powered by Microsoft's Windows on September 19, in a boost for the US software giant's efforts to break into a market dominated by Apple and Google. HTC and Microsoft previewed the 8X and 8S handsets in New York

Published 24 Sep, 2012 12:00am

Twitter channels TV viewers

Twitter chief Dick Costolo said September 21 that the Internet Age one-to-many text messaging service is turning out to be a boon for good old television. "There is a fascinating relationship between Twitter and tune-in, and Twitter and TV," Costolo said

Published 24 Sep, 2012 12:00am

SignalGuru app helps drivers avoid red lights

Researchers at the Massachusetts Institute of Technology have developed a system that uses dashboard-mounted smartphones to help drivers avoid red lights and reduce fuel consumption.

Published 24 Sep, 2012 12:00am

In laboratory trials, old antibiotic makes inroads against tuberculosis

Lab-dish tests have raised hopes that a soil bacterium identified nearly 60 years ago could be a "very selective killer" of the germ that causes tuberculosis, a European journal reported on September 17.

Published 24 Sep, 2012 12:00am

'Planetary emergency due to Arctic melt'

Experts warned on September 19 of a "planetary emergency" due to the unforeseen global consequences of Arctic ice melt, including methane gas released from permafrost regions currently under ice.

Published 24 Sep, 2012 12:00am

Nutrition supplements fail to help famine-hit babies

Babies and toddlers at risk of malnutrition weren't helped by special energy-dense food supplements given along with normal food aid, according to a new study on September 18.

Published 24 Sep, 2012 12:00am

Snake venom could unlock disease cures

Snakes are able to convert their venom back into harmless molecules according to new research published on September 19 that scientists said could have important implications for diseases like cancer. The joint British-Australian study of venom and tissue

Published 24 Sep, 2012 12:00am

Skiers, rowers may not have more back pain

Competitive rowers and cross-country skiers may not have any more chronic lower back pain than the rest of us despite putting constant stress on their backs, according to a Norwegian study. Elite athletes in certain sports that ask a lot of the spine, suc

Published 24 Sep, 2012 12:00am

Wider study questions blood-clot claim for statins

A broad medical analysis published on September 18 questioned headline-making assertions that statins prevent dangerous blood clots. The study, published in the open-access journal PLoS Medicine, does not look into statins' well-researched ability to lowe

Published 24 Sep, 2012 12:00am

Smoking, drinking tied to earlier pancreatic cancer: study

People who smoke or drink heavily may develop pancreatic cancer at an earlier age than those who avoid those habits, according to a US study, but quitting both appears to help.

Published 24 Sep, 2012 12:00am

Settlement of tax-related disputes: alternative dispute resolution mechanism to be reactivated

The federal government would promulgate a Presidential Ordinance, making it mandatory for the Federal Board of Revenue (FBR) to reject or accept recommendations of Alternative Dispute Resolution Committees (ADRCs) within a period of 45 days - a major refo

Published 24 Sep, 2012 12:00am

KP minister deplores destruction of national property

Khyber Pakhtunkhwa Minister for Finance Engineer Mohammad Humayun Khan has deplored the destruction of national property worth Rs 84 billion on the Yaum-e-Ishq-e-Rasool (PBUH) Day. He said that PPP has always worked for supremacy of Islam and democracy an

Published 24 Sep, 2012 12:00am

Anti-Islam movie: government urged to raise issue at international level

Deputy Speaker Punjab Assembly at a function at Allama Iqbal Town here Sunday has criticized blasphemous movie. He said those involved in this sacrilege act should be given an exemplary punishment for this crime. He, along with others asked the government

Published 24 Sep, 2012 12:00am

Tribal region: political admin has no control: CCPO

Taking advantage of weak control of the political administration over the tribal region, the attacks of terrorists and criminals have been increased in Peshawar, Imtiaz Altaf, Capital City Police Officer (CCPO) Peshawar, said on Sunday.

Published 24 Sep, 2012 12:00am

Protests continue against anti-Islam film

Countrywide demonstrations continued in Pakistan against sacrilegious film as the police in federal capital still on red alert, while heavy contingents of police have been posted at the US Consulate in Lahore. In Islamabad All Pakistan Minorities Movement

Published 24 Sep, 2012 12:00am

Fire incidents kill 16,500 annually across country

The fire incidents kill 16,500 people and leave 164,000 injured or disabled every year across the country but the government is yet to adopt a National Fire Safety Policy to control the situation. According to a policy draft, the fire incidents or acciden

Published 24 Sep, 2012 12:00am

Government rejects Bilour's offer of bounty

The government distanced itself Sunday from a $100,000 bounty offered by a cabinet minister for the death of the maker of an anti-Islam film that has sparked protests across the Muslim world. Railways Minister Ghulam Ahmed Bilour invited members of the Ta

Published 24 Sep, 2012 12:00am

Bilour's statement not ANP policy: Zahid

Awami National Party (ANP) Senator Zahid Khan said that the declaration of award by Ghulam Ahmad Bilour is his personal act and it has nothing to do with the Party policy. He said an explanation would be sought from him about this statement.

Published 24 Sep, 2012 12:00am

PPP human rights cell seeks action against Church attackers

The Human Rights Cell of Pakistan Peoples Party on Sunday strongly condemned the burning of a Church by the violent elements protesting the blasphemous film and called for strict action against the perpetrators.

Published 24 Sep, 2012 12:00am

Rally held in Rawalpindi

Christians in Rawalpindi staged a protest rally on Sunday and called for severe punishment against the maker of a blasphemous film. The rally was taken out from Catholic Church to Murree Road. Participants of the rally chanted slogans against the American

Published 24 Sep, 2012 12:00am

Loss in billions unacceptable during protests: PEW

The Pakistan Economy Watch (PEW) on Sunday said plunder of public and private property which resulted in economic losses to the tune of billions of rupees are unacceptable during protests. Political leadership remained confined to their protected homes on

Published 24 Sep, 2012 12:00am

Members of Christian community rally against blasphemous movie

Christian community took out a peaceful rally on Sunday to express solidarity with Muslims and protest against the anti-Islam movie, besides calling for enacting law at international level to avoid the recurrence of such attempts in future.

Published 24 Sep, 2012 12:00am

Protest demonstrations continue in Multan

Scores of activists of Tehrik Minhaj-ul-Quran (TMQ) rallied on Abdali Road on Sunday to hold protest demo against blasphemous anti-Islam film produced by a US clergy.

Published 24 Sep, 2012 12:00am

China navy takes delivery of first aircraft carrier

China's first aircraft carrier was handed over Sunday to the navy of the People's Liberation Army, state press said, amid rising tensions over disputed waters in the East and South China Seas.

Published 24 Sep, 2012 12:00am

Taiwan activists rally against Japan over islands

Hundreds of slogan-chanting Taiwanese activists and their supporters rallied against Japan Sunday amid an ongoing territorial dispute over an island group in the East China Sea. The demonstrators from several right-wing parties and civil groups called for

Published 24 Sep, 2012 12:00am

South Sudan accuses Sudan of supplying arms to rebel group

South Sudan accused Sudan on Sunday of air-dropping weapons to rebels, just as the presidents of the African neighbours were about to meet to finalise a border security deal to restart oil exports. Sudan dismissed the charges and any links to rebels in th

Published 24 Sep, 2012 12:00am

Iraq attacks kill six, including a brigadier

Attacks in Iraq on Sunday killed at least six people, among them a police brigadier general and two soldiers, security and medical officials said. Gunmen using silenced weapons opened fire on a vehicle carrying police Brigadier General Nayef Abdul Razzaq,

Published 24 Sep, 2012 12:00am

Swiss voters say no to tightening of smoking ban

Two in three Swiss voters rejected a referendum Sunday aimed at tightening a smoking ban, to the relief of the hotel and restaurant sector that had complained of excess regulation. Only Geneva voted slightly in favour of the initiative, while results from

Published 24 Sep, 2012 12:00am

Former CIA man Edwin Wilson, jailed for selling arms to Libya, dies

Former CIA operative Edwin P. Wilson, who was found guilty in 1983 of selling arms to Libya but released from prison in 2004 after a judge threw out the conviction, has died at age 84, a funeral home director said on Saturday.

Published 24 Sep, 2012 12:00am

Hamas chief Meshaal wants to step down

Hamas's leader in exile, Khaled Meshaal, is tired of policy challenges from the Islamist group's Gaza-based leadership and is not seeking re-election in a vote now underway, political and diplomatic sources said on Sunday.

Published 24 Sep, 2012 12:00am

Former Guatemalan Army commander accused in massacre faces charges in US

A former Guatemalan army commander accused of taking part in the massacre of more than 200 people during that country's civil war has been returned to the United States to face charges he lied about his past to gain US citizenship, authorities said on Sat

Published 24 Sep, 2012 12:00am

Russia's Chechen war mastermind Grachev dies at 64

Russia's brutal 1994-1996 Chechen campaign mastermind and former defence minister Pavel Grachev died in Moscow on Sunday at the age of 64 after a highly divisive but historic career.

Published 24 Sep, 2012 12:00am

A sad end

A day venerated as Yaum-e-Ishq-e-Rasool, dedicated to the reverence and sanctity of our Holy Prophet Hazrat Muhammad (PBUH), should be marred by excessive violence and loss of life is indeed a very sad commentary on our understanding of life and teachings

Published 24 Sep, 2012 12:00am

Enhancing learning achievements

A statement issued by Pakistan Economy Watch the other day points to a vital but much neglected issue, saying social and economic development cannot be ensured unless quality education is available to all. The forum averred that private sector schools are

Published 24 Sep, 2012 12:00am

Bring them to book

Hindsight, I accept, is twenty twenty. And by now there are few who would disagree with the assessment that the decision to observe Yaum-e-Ishaq-Rasool (Love of Prophet Muhammad Peace Be Upon Him) on Friday was an unmitigated disaster.

Published 24 Sep, 2012 12:00am

BAE-EADS merger raises foreign ownership concern in Britain

A proposed tie-up between British arms maker BAE Systems and European aerospace giant EADS has raised major concern in Britain on fears that it would put a key strategic company in foreign control.

Published 24 Sep, 2012 12:00am

Economic imperatives

The murder of the US ambassador to Libya and three other diplomatic staff members in a Benghazi attack on the night of September 11 is said to have given an entirely new dimension to Russian President Vladimir Putin's pre-scheduled visit to Pakistan early

Published 24 Sep, 2012 12:00am

China has 'too much to lose' to impose Japan sanctions

While Chinese state media has warned Japan that it will suffer economically for nationalising disputed islands, analysts say China has too much to lose to impose any serious sanctions. The world's second and third largest economies have been involved in a

Published 24 Sep, 2012 12:00am

'Data security will expand in five years,' Co-founder C-Square Consulting

BR Research met with Ahsan Mashkoor - Co-founder C-Square Consulting - Ahsan speaks about his enterprise and their product offering.

Published 24 Sep, 2012 12:00am

'Data security will expand in five years,' Co-founder C-Square Consulting

BR Research met with Ahsan Mashkoor - Co-founder C-Square Consulting - Ahsan speaks about his enterprise and their product offering.

Published 24 Sep, 2012 12:00am

Major rise in sugar exports can change domestic situation

Sugar: The wholesale price of sugar continued to remain under pressure last week in the main wholesale markets of Karachi and Lahore, trading just above Rs4800 per 100 kg as of September 20. The market sentiment remains that since there is abundant

Published 24 Sep, 2012 12:00am

Two Pakistanis stabbed near Greek anti-racist demonstration

Two Pakistani immigrants were in hospital late Saturday after being stabbed on the margins of an anti-racism rally on the outskirts of Athens, police said. One of them was said to be in a serious condition. The attack, in the western suburb of Metamorfoss

Published 24 Sep, 2012 12:00am

Sufism embraces spirit of tolerance, inclusion: Sherry

Pakistan's Ambassador to the United States Sherry Rehman told an American audience at a cultural event Saturday night that Sufism embraces the spirit of tolerance and inclusion, and its message is increasingly relevant in this age of competing ideologies.

Published 24 Sep, 2012 12:00am

Amendment to SPLGO: chief minister Sindh invites input of political parties

Sindh Chief Minister Syed Qaim Ali Shah Sunday said the provincial government will welcome recommendations from political parties and nationalists to amend the recently promulgated Sindh People's Local Government Ordinance (SPLGO) 2012 before its passage

Published 24 Sep, 2012 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 24 Sep, 2012 12:00am

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (September 17 to September 20 2012).

Published 24 Sep, 2012 12:00am

Returns on Profit and Loss Sharing Investment Bank Accounts (January to June 2012)

Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and Term Deposits.

Published 24 Sep, 2012 12:00am

The Weather

The weather report on Sunday (September 23, 2012) and the forecast for Monday (September 24, 2012).

Published 24 Sep, 2012 12:00am

FBR plans to increase tax-to-GDP ratio above 10 percent: revenue collection target to be slashed

The Federal Board of Revenue (FBR) has chalked out a comprehensive plan and tax policy to raise the Tax-to Gross Domestic Product (GDP) ratio from existing 9.1 percent to over and above 10 percent in 2012-2013 by taking administrative measures of Rs 176.1

Published 24 Sep, 2012 12:00am

FBR plans to increase tax-to-GDP ratio above 10 percent: revenue collection target to be slashed

The Federal Board of Revenue (FBR) has chalked out a comprehensive plan and tax policy to raise the Tax-to Gross Domestic Product (GDP) ratio from existing 9.1 percent to over and above 10 percent in 2012-2013 by taking administrative measures of Rs 176.1

Published 24 Sep, 2012 12:00am

FBR plans to increase tax-to-GDP ratio above 10 percent: revenue collection target to be slashed

The Federal Board of Revenue (FBR) has chalked out a comprehensive plan and tax policy to raise the Tax-to Gross Domestic Product (GDP) ratio from existing 9.1 percent to over and above 10 percent in 2012-2013 by taking administrative measures of Rs 176.1

Published 24 Sep, 2012 12:00am

Petrol and CNG prices increased; diesel rates slashed

The Oil and Gas Regulatory Authority (Ogra) on Sunday notified a Rs1.73 per litre increase in petrol price, while decreasing prices of other petroleum products effective from Monday. An Ogra summary had recently recommended the government to increase pric

Published 24 Sep, 2012 12:00am

Petrol and CNG prices increased; diesel rates slashed

The Oil and Gas Regulatory Authority (Ogra) on Sunday notified a Rs1.73 per litre increase in petrol price, while decreasing prices of other petroleum products effective from Monday. An Ogra summary had recently recommended the government to increase pric

Published 24 Sep, 2012 12:00am

Petrol and CNG prices increased; diesel rates slashed

The Oil and Gas Regulatory Authority (Ogra) on Sunday notified a Rs1.73 per litre increase in petrol price, while decreasing prices of other petroleum products effective from Monday. An Ogra summary had recently recommended the government to increase pric

Published 24 Sep, 2012 12:00am

FX & Gold -weekly outlook - September 24-28: China-Japan tension to weaken yen?

The global financial market got the lift after Friday's news that Spain is considering seeking a bailout package. Stocks, gold, currencies and bond market surged on hope that Euro-zone economies are now close to reaching some sort of understanding. The vo

Published 24 Sep, 2012 12:00am

FX & Gold -weekly outlook - September 24-28: China-Japan tension to weaken yen?

The global financial market got the lift after Friday's news that Spain is considering seeking a bailout package. Stocks, gold, currencies and bond market surged on hope that Euro-zone economies are now close to reaching some sort of understanding. The vo

Published 24 Sep, 2012 12:00am

FX & Gold -weekly outlook - September 24-28: China-Japan tension to weaken yen?

The global financial market got the lift after Friday''s news that Spain is considering seeking a bailout package. Stocks, gold, currencies and bond market surged on hope that Euro-zone economies are now close to reaching some sort of understanding. The v

Published 24 Sep, 2012 12:00am

THE RUPEE: mixed patterns

Range-bound trading was seen on the currency market on the back of comfortable supply of dollars during the shortened week, ended on September 22. In the interbank market, rupee picked up seven paisa against dollar, buying at Rs 94.5, while it rose by six

Published 24 Sep, 2012 12:00am

THE RUPEE: mixed patterns

Range-bound trading was seen on the currency market on the back of comfortable supply of dollars during the shortened week, ended on September 22. In the interbank market, rupee picked up seven paisa against dollar, buying at Rs 94.5, while it rose by six

Published 24 Sep, 2012 12:00am

Balochistan's three flood-hit districts: Prime Minister announces Rs 2.6 billion relief package

Prime Minister Raja Pervez Ashraf on Sunday visited the flood-hit areas of Dera Murad Jamali and announced a special relief package of Rs 2.6 billion for the three districts of Balochistan affected by the recent flash floods.

Published 24 Sep, 2012 12:00am

Balochistan's three flood-hit districts: Prime Minister announces Rs 2.6 billion relief package

Prime Minister Raja Pervez Ashraf on Sunday visited the flood-hit areas of Dera Murad Jamali and announced a special relief package of Rs 2.6 billion for the three districts of Balochistan affected by the recent flash floods.

Published 24 Sep, 2012 12:00am

TAPI gas pipeline project: Singapore, New York, London road shows 'well received': ministry

Turkmenistan, Afghanistan, Pakistan and India (TAPI) gas projects, in co-ordination with Asian Development Bank (ADB), organised three road shows between September 11-20 in Singapore, New York and London to gauge the market response to the gas pipeline pr

Published 24 Sep, 2012 12:00am

TAPI gas pipeline project: Singapore, New York, London road shows 'well received': ministry

Turkmenistan, Afghanistan, Pakistan and India (TAPI) gas projects, in co-ordination with Asian Development Bank (ADB), organised three road shows between September 11-20 in Singapore, New York and London to gauge the market response to the gas pipeline pr

Published 24 Sep, 2012 12:00am

TAPI gas pipeline project: Singapore, New York, London road shows ''well received'': ministry

Turkmenistan, Afghanistan, Pakistan and India (TAPI) gas projects, in co-ordination with Asian Development Bank (ADB), organised three road shows between September 11-20 in Singapore, New York and London to gauge the market response to the gas pipeline pr

Published 24 Sep, 2012 12:00am

A subdued share market

The Karachi share market witnessed a relatively subdued trading during the outgoing four-day week, ended September 20, analysts said. Although the benchmark KSE-100 index breached 15,600 level for the first time after April 2008, the fall in global equity

Published 24 Sep, 2012 12:00am

A subdued share market

The Karachi share market witnessed a relatively subdued trading during the outgoing four-day week, ended September 20, analysts said. Although the benchmark KSE-100 index breached 15,600 level for the first time after April 2008, the fall in global equity

Published 24 Sep, 2012 12:00am

A subdued share market

The Karachi share market witnessed a relatively subdued trading during the outgoing four-day week, ended September 20, analysts said. Although the benchmark KSE-100 index breached 15,600 level for the first time after April 2008, the fall in global equity

Published 24 Sep, 2012 12:00am

Future spreads decline by 149 basis points

Future spreads declined by 149 basis points on week-on-week basis to stand at 8.54 percent during the outgoing week against 10.03 percent in the previous week. Trading activity on the futures counter also reduced, as average daily volumes declined by 20.8

Published 24 Sep, 2012 12:00am

Future spreads decline by 149 basis points

Future spreads declined by 149 basis points on week-on-week basis to stand at 8.54 percent during the outgoing week against 10.03 percent in the previous week. Trading activity on the futures counter also reduced, as average daily volumes declined by 20.8

Published 24 Sep, 2012 12:00am

Future spreads decline by 149 basis points

Future spreads declined by 149 basis points on week-on-week basis to stand at 8.54 percent during the outgoing week against 10.03 percent in the previous week. Trading activity on the futures counter also reduced, as average daily volumes declined by 20.8

Published 24 Sep, 2012 12:00am

Future spreads decline by 149 basis points

Future spreads declined by 149 basis points on week-on-week basis to stand at 8.54 percent during the outgoing week against 10.03 percent in the previous week. Trading activity on the futures counter also reduced, as average daily volumes declined by 20.8

Published 24 Sep, 2012 12:00am

Nationwide strike over anti-Islam film in Bangladesh

Most schools, shops and offices were closed in Bangladesh on Sunday as opposition parties enforced a nationwide strike to protest against blasphemous movie. Thousands of police patrolled Dhaka and roads were quiet across the country on what is normally a

Published 24 Sep, 2012 12:00am

Nationwide strike over anti-Islam film in Bangladesh

Most schools, shops and offices were closed in Bangladesh on Sunday as opposition parties enforced a nationwide strike to protest against blasphemous movie. Thousands of police patrolled Dhaka and roads were quiet across the country on what is normally a

Published 24 Sep, 2012 12:00am

Currency	Rate
USD PKR Interbank Selling / May 13	281.73
USD PKR Interbank Buying / May 13	281.53
USD to Japanese Yen / May 13	147.90
USD to Swiss Franc / May 13	0.84
Pound Sterling to USD / May 13	1.32
Euro to USD / May 13	1.11
UK LIBOR % / May 12	4.96

Stock	Volume
S&P 500 / May 12	5,844.19
Nasdaq / May 12	18,708.34
Dow Jones / May 12	42,410.10
India Sensex / May 13	81,726.97
Tokyo Nikkei / May 13	38,305.85
Hang Seng / May 13	23,188.20
FTSE 100 / May 13	8,606.55
Germany DAX 30 / May 13	23,595.02
France CAC40 / May 13	7,859.80

Item	Value
Karachi Cotton PKR/37.32 KG / May 12	16,985
Gold 10 Grams PKR / May 12	291,923
Crude Oil USD/Barrel / May 13	61.90
Gold Spot USD/Ounce / May 13	3,253.26
Cotton US¢/pound / May 13	66.85
Petrol/Litre / May 14	252.63
Diesel/Litre / May 14	256.64

Stock	Price
Grays Leasing / May 13 Grays Leasing Limited(GRYL)	4.51 ▲ 0.72 (19%)
TPL Trakker Ltd / May 13 TPL Trakker Limited(TPLT)	6.59 ▲ 1 (17.89%)
Al-Shaheer Corp / May 13 Al Shaheer Corporation Limited(ASC)	6.88 ▲ 1 (17.01%)
B. F. Mod. / May 13 B.F. Modaraba(BFMOD)	8.34 ▲ 1 (13.62%)
Burj Clean Energy Modaraba / May 13 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.11 ▲ 1 (12.33%)
Mahanna Islamic Index / May 13 Mahanna Islamic Index Traded Fund(MIIETF)	15.47 ▲ 1.65 (11.94%)
Haseeb Waqas / May 13 Haseeb Waqas Sugar Mills Limited(HWQS)	9.59 ▲ 1 (11.64%)
Gulshan Sp. / May 13 Gulshan Spinning Mills Limited(GSPM)	3.40 ▲ 0.35 (11.48%)
Ghazi Fabrics / May 13 Ghazi Fabrics International Limited(GFIL)	10.17 ▲ 1 (10.91%)
PIA Holding Co.Ltd / May 13 PIA Holding Company Limited(PIAHCLA)	14.80 ▲ 1.35 (10.04%)

Stock	Price
Power Cem(Pref) / May 13 Power Cement (Pref)(POWERPS)	15.35 ▼ -1.71 (-10.02%)
Bilal Fibres / May 13 Bilal Fibres Limited(BILF)	19.59 ▼ -2.18 (-10.01%)
TPL Life Insur. / May 13 TPL Life Insurance Limited(TPLL)	46.80 ▼ -5.2 (-10%)
Din Tex. / May 13 Din Textile Mills Limited(DINT)	45 ▼ -4.99 (-9.98%)
Mughal Energy / May 13 Mughal Energy Limited(GEM)(GEMMEL)	19.90 ▼ -2.12 (-9.63%)
Suhail Jute / May 13 Suhail Jute Mills Limited(SUHJ)	78.36 ▼ -8.24 (-9.52%)
First Punjab Modaraba / May 13 First Punjab Modaraba(FPJM)	2.77 ▼ -0.28 (-9.18%)
Parmount Sp. / May 13 Paramount Spinning Mills Limited(PASM)	3.36 ▼ -0.31 (-8.45%)
First AL-Noor Mod. / May 13 First Al-Noor Modaraba(FANM)	2.95 ▼ -0.25 (-7.81%)
First IBL Mod. / May 13 First IBL Modaraba(FIBLM)	3 ▼ -0.24 (-7.41%)

Stock	Volume
WorldCall Telecom / May 13 Worldcall Telecom Limited(WTL)	41,734,903 ▼ -0.06
Maple Leaf Cement / May 13 Maple Leaf Cement Factory Limited(MLCF)	41,052,877 ▲ 6.27
Sui South Gas / May 13 Sui Southern Gas Company Limited(SSGC)	35,773,773 ▲ 2.33
Oil & Gas Dev. / May 13 Oil & Gas Development Company Limited(OGDC)	30,912,153 ▲ 15.65
B.O.Punjab / May 13 The Bank of Punjab(BOP)	24,175,098 ▼ -0.16
Cnergyico PK / May 13 Cnergyico PK Limited(CNERGY)	24,174,880 ▼ -0.09
K-Electric Ltd. / May 13 K-Electric Limited(KEL)	23,803,446 ▼ -0.22
At-Tahur Ltd. / May 13 At-Tahur Limited(PREMA)	21,754,749 ▼ -3.25
Fauji Cement / May 13 Fauji Cement Company Limited(FCCL)	20,681,855 ▲ 1.82
D.G.K.Cement / May 13 D.G. Khan Cement Company Limited(DGKC)	19,785,523 ▲ 10.35

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