News Archives for Print - 2004-05-18 - Business Recorder

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Print - 2004-05-18

Monday's unofficial close: US stocks fall sharply weighed by oil, Iraq attack

Monday's unofficial close: US stocks fall sharply weighed by oil, Iraq attack

Stocks fell sharply Monday, after the killing of a key figure in Iraq's new government heightened investors' concerns about geopolitical stability and helped send oil prices to fresh record highs.

Published 18 May, 2004 12:00am

Investment grade issuers dominate bond market

Investment grade issuers dominate bond market

Investment-grade issuers dominated the primary eurobond market on Monday as they began to secure financing ahead of expected interest rate hikes and further market volatility.

Published 18 May, 2004 12:00am

Investment grade issuers dominate bond market

Investment grade issuers dominate bond market

Investment-grade issuers dominated the primary eurobond market on Monday as they began to secure financing ahead of expected interest rate hikes and further market volatility.

Published 18 May, 2004 12:00am

Closing stock market indices

Closing stock market indices

Here is how major stock markets outside the United States ended on Monday.

Published 18 May, 2004 12:00am

FTSE-100 closes lower on oil price, Middle East jitters

FTSE-100 closes lower on oil price, Middle East jitters

Britain's FTSE-100 closed lower on Monday as investors remained nervous about high oil prices and continuing violence in the Middle East, although the index crept off session lows and closed above the 4,400 mark.

Published 18 May, 2004 12:00am

LME copper at 10-week low on technical selling

LME copper at 10-week low on technical selling

London Metal Exchange (LME) copper dropped to a 10-week low on Monday as technical selling replaced earlier trade sales and weighed down most of the market, traders said.

Published 18 May, 2004 12:00am

New York cotton closes softly

New York cotton closes softly

NYCE cotton futures finished easier Monday on modest trade and speculative sales, with most players warily monitoring news that robust economic growth in top buyer China may soon slow down, analysts said.

Published 18 May, 2004 12:00am

Gold firmer after bombs knock dollar

Gold firmer after bombs knock dollar

Gold firmed in Europe on Monday after bomb blasts in Turkey and Iraq heightened security fears, enhancing the precious metal's safe-haven status and causing the dollar to tumble across the board.

Published 18 May, 2004 12:00am

Rotterdam vegetable oil prices

Rotterdam vegetable oil prices

Monday's Rotterdam vegetable oil prices (1600 GMT).

Published 18 May, 2004 12:00am

Rotterdam vegetable oil prices

Rotterdam vegetable oil prices

Monday's Rotterdam vegetable oil prices (1600 GMT).

Published 18 May, 2004 12:00am

Oil strikes new high on stubborn supply fears

Oil strikes new high on stubborn supply fears

Oil prices struck a new high on Monday on simmering concern that rapid fuel demand growth will outpace global supplies at a time when traders fear a sabotage attack on the Middle East oil infrastructure.

Published 18 May, 2004 12:00am

Oil strikes new high on stubborn supply fears

Oil strikes new high on stubborn supply fears

Oil prices struck a new high on Monday on simmering concern that rapid fuel demand growth will outpace global supplies at a time when traders fear a sabotage attack on the Middle East oil infrastructure.

Published 18 May, 2004 12:00am

Textiles worth $636.4 million exported in 10 months

Textiles worth $636.4 million exported in 10 months

Textile products worth 636.442 million US dollars have been exported so far in the current fiscal year from Faisalabad Dry Port, which is 64.959 million dollars above the amount earned in the corresponding period last year.

Published 18 May, 2004 12:00am

'Strengthening ties with CAS cornerstone of Pakistan's policy'

'Strengthening ties with CAS cornerstone of Pakistan's policy'

Strengthening and cementing further the relations with Central Asian States is the cornerstone of Pakistan's foreign policy.

Published 18 May, 2004 12:00am

'10 percent crops destroyed by pests and diseases'

'10 percent crops destroyed by pests and diseases'

From five to 10 percent of the crops in the country are affected owing to attacks of various pests and diseases.

Published 18 May, 2004 12:00am

ZTBL to disburse Rs 39 billion loans

ZTBL to disburse Rs 39 billion loans

The Zarai Taraqiati Bank Limited (ZTBL) will disburse Rs 39 billion credit during Kahrif and Rabi seasons.

Published 18 May, 2004 12:00am

Government plans to double oil and gas production in 10 years

Government plans to double oil and gas production in 10 years

The government has made a plan to enhance oil production from 64,000 barrels per day to 100,000 barrels per day and gas production from 3 billion cubic feet per day to five billion cubic feet per day during the next 10 years.

Published 18 May, 2004 12:00am

Remembering Engineer Rashid Ahmad Chaudhry

Remembering Engineer Rashid Ahmad Chaudhry

The sudden demise on March 18, 2004 of Engineer Rashid Ahmad Chaudhry, a former General Manager of Water Wing, WAPDA, was a sad and shocking news for a vast number of his friends and admirers besides his own kith and kin. He died of cardiac arrest while t

Published 18 May, 2004 12:00am

Germany faces US hurdle in bid for UN Council seat

Germany faces US hurdle in bid for UN Council seat

Germany is set to make a concerted bid this year to become a permanent member of the UN Security Council, but it must convince the United States that is worthy of a seat alongside the world's major powers.

Published 18 May, 2004 12:00am

Set for ban, DDT lingers in battle against malaria

Set for ban, DDT lingers in battle against malaria

Few poisons have ridden such a roller-coaster through environmental history as DDT.

Published 18 May, 2004 12:00am

Partly Facetious: makings of continuity of power

Partly Facetious: makings of continuity of power

"Qazi Sahib wants the MQM to be disbanded and declared a terrorist organisation."

Published 18 May, 2004 12:00am

Urban renewal, foreign debt and good governance

Urban renewal, foreign debt and good governance

The World Bank and the ADB have, on 26th April, jointly offered around $800 million to help undertake a five-year Mega City Renewal Programme (MCRP) to rehabilitate Karachi, Lahore, Rawalpindi and Peshawar.

Published 18 May, 2004 12:00am

City Government's Mass Transit Project

City Government's Mass Transit Project

The ambitious agreement the City District Government Karachi signed with China National Machinery and Equipment Group (CNMEG) last Friday for construction of Corridor-1 of light rail based Mass Transit Project, seems to have been inspired by the urge to p

Published 18 May, 2004 12:00am

The task before Nadra

The task before Nadra

Now that Prime Minister Mir Zafarullah Khan Jamali has directed the National Database and Registration Authority (Nadra) to appoint the required number of people to make it an autonomous body, it will certainly appear that the organisation, which was crea

Published 18 May, 2004 12:00am

Museum Day on May 18

Museum Day on May 18

The International Museum Day will be observed in Pakistan on Tuesday.

Published 18 May, 2004 12:00am

Government urged to continue Rs five notes

Government urged to continue Rs five notes

A large number of people from different walks of life and trades have urged the Government and the State Bank of Pakistan (SBP) authorities not to do away with the Rs five currency notes and continue the same in the circulation all over the country as val

Published 18 May, 2004 12:00am

Workers not paid salaries: IAPEU expresses concern over its financial crisis

Workers not paid salaries: IAPEU expresses concern over its financial crisis

The Insurance Association of Pakistan Employees Union (IAPEU) has shown deep concern over the ongoing financial hardship faced by insurance workers on account of restructuring of central and sectional committees of association for last 18 months.

Published 18 May, 2004 12:00am

Sindh chief secretary hails USC offer for flour supply at fair rate

Sindh chief secretary hails USC offer for flour supply at fair rate

Sindh Chief Secretary Dr Mutawakkil Kazi appreciated the offer of Utility Stores Corporation (USC) Managing Director Brigadier Mohammad Hafeez for supply of quality wheat flour at reasonable price through its network outlets in Sindh, including 38 in Kara

Published 18 May, 2004 12:00am

Pak-Kuwait given 'Corporate Governance Award'

Pak-Kuwait given 'Corporate Governance Award'

The Pak-Kuwait Investment Company (Pvt) Limited and its management has been honoured to receive internationally recognised prestigious 'Corporate Governance Award' for the year 2004 bestowed by the Association of Development Financing Institutions in Asia

Published 18 May, 2004 12:00am

Pak-Kuwait given 'Corporate Governance Award'

Pak-Kuwait given 'Corporate Governance Award'

The Pak-Kuwait Investment Company (Pvt) Limited and its management has been honoured to receive internationally recognised prestigious 'Corporate Governance Award' for the year 2004 bestowed by the Association of Development Financing Institutions in Asia

Published 18 May, 2004 12:00am

PCWR seeks Rs 8.1 billion allocation for canals lining

PCWR seeks Rs 8.1 billion allocation for canals lining

The Parliamentary Committee on Water Resources (PCWR) has asked the Finance Ministry to allocate Rs 8.1 billion to provinces for lining of canals, water courses and other water distribution channels.

Published 18 May, 2004 12:00am

Course on WTO agreements ends on May 19

Course on WTO agreements ends on May 19

The concluding ceremony of the three-month course on 'Capacity Building on WTO Agreements' and certificate awarding ceremony will be held on May 19, chaired by FPCCI Vice President Sohail Altaf.

Published 18 May, 2004 12:00am

KCCI hails opening of Lufthansa office in Karachi

KCCI hails opening of Lufthansa office in Karachi

Siraj Kassam Teli, President, Karachi Chamber of Commerce and Industry (KCCI), has welcomed the decision of Lufthansa German Airline of returning to Pakistan and termed the establishment of a modern Lufthansa House, as a first step to restart operation in

Published 18 May, 2004 12:00am

HBWF demands review of workers salary package

HBWF demands review of workers salary package

Habib Bank Workers Front (HBWF) has demanded of the bank's chairman to review the salary package 2004-5 and protect the rights of workers in the existing circumstances as they fear loss of jobs and reduction in their expected take-home salaries.

Published 18 May, 2004 12:00am

Inquiry Commission seeks report from AHS, IGP Sindh

Inquiry Commission seeks report from AHS, IGP Sindh

Justice Mohammad Sadiq Leghari, heading Inquiry Commission of Election Commission of Pakistan, on Monday sought detailed reports from the additional home secretary Sindh and provincial police officer regarding incidents of May 12, the day by-elections wer

Published 18 May, 2004 12:00am

Ban on import of PP woven sacks under SRO 410 demanded

Ban on import of PP woven sacks under SRO 410 demanded

The Pakistan Polypropylene Woven Sacks Manufacturers Association (PPWSMA) has demanded of the government to impose ban on import of polypropylene woven sacks under the SRO 410.

Published 18 May, 2004 12:00am

$3 to 4 billion investment expected in telecom sector in three years

$3 to 4 billion investment expected in telecom sector in three years

IT and Telecom Minister Awais Ahmed Khan Leghari said he expected investment of $3 to 4 billion in the telecom sector in the next three years, and job creation of 15,000 to 20,000 persons.

Published 18 May, 2004 12:00am

Iftikhar hints at conventional action against tribesmen

Iftikhar hints at conventional action against tribesmen

Governor NWFP Lieutenant General Syed Iftikhar Hussain Gilani (Retd) has said that if the traditional ways fail in arriving at a settlement with the delinquent tribesmen of South Waziristan, government may resort to conventional methods to rid the area of

Published 18 May, 2004 12:00am

KPC holds joint reference

KPC holds joint reference

The Karachi Press Club held a joint reference for its senior members who expired recently included A. R. Khaliq, Muhammad Aziz Hussain and Umerdin Baidar at the Ibrahim Jalees Hall here the other day.

Published 18 May, 2004 12:00am

Sultan of Brunei due on May 18

Sultan of Brunei due on May 18

Sultan Haji Hassanal Bolkiah Mu'izzaddin Waddaullah Sultan and Yang Di-Pertuan of Brunei Darrussalam will visit Pakistan from May 18-20 at the invitation of President General Pervez Musharraf.

Published 18 May, 2004 12:00am

Move to demolish Katchi Abadis condemned

Move to demolish Katchi Abadis condemned

The representatives of the All-Pakistan Alliance of Katchi Abadis Rawalpindi-Islamabad have strongly condemned the move by Capital Development Authority (CDA) to demolish the mud houses in slum dwellings set up in the Federal Capital.

Published 18 May, 2004 12:00am

Sugar industrial complex proposed

Sugar industrial complex proposed

The Sugarcane Growers Association (SGA) has demanded of the government to allocate sufficient funds for the betterment of sugarcane growers.

Published 18 May, 2004 12:00am

Fruit and vegetable industry promotion stressed

Fruit and vegetable industry promotion stressed

In order to ascertain the potential and constraints faced by the fruits processors with special reference to changing international scenario under the WTO regime, a meeting was held here at the head office of Pakistan Horticulture Development & Export Boa

Published 18 May, 2004 12:00am

Government harassing PML-N activists

Government harassing PML-N activists

Politics of revenge was being practised in the country ruthlessly and the government was still harassing PML (N) leaders and workers even after sending back Shahbaz Sharif.

Published 18 May, 2004 12:00am

LCCI panel lauds government's efforts to promote IT sector

LCCI panel lauds government's efforts to promote IT sector

LCCI IT Standing Committee Co-Convener and Raffles Branded System Director (Operations) Ibrahim Qureshi has extolled the efforts of Federal Information Technology Minister Awais Leghari to focus on the development of IT sector in the country.

Published 18 May, 2004 12:00am

Lahore Chamber concerned at worsening law and order

Lahore Chamber concerned at worsening law and order

The president, Lahore Chamber of Commerce and Industry (LCCI), Mian Anjum Nisar, has urged the government to take immediate necessary steps for improving the law and order situation in the country.

Published 18 May, 2004 12:00am

Punjab considering to induct officers on contract basis

Punjab considering to induct officers on contract basis

With a view to curtailing its non-developmental expenditures and as a part of reforms agenda being undertaken by the provincial government on the guidelines given by the donor agencies, the Punjab government is considering a proposal to induct officers in

Published 18 May, 2004 12:00am

Inflows and outflows of rivers

Inflows and outflows of rivers

The inflows/outflows at Tarbela, Mangla and Chashma along with the reservoirs levels and the barrages at 6.00 am on Monday.

Published 18 May, 2004 12:00am

PML-N leaders detention orders suspended

PML-N leaders detention orders suspended

The Lahore High Court (LHC), while allowing bail to former MNA Inamullah Khan Niazi and PML-N Media In-charge Nasir Khan has suspended their detention orders.

Published 18 May, 2004 12:00am

The Weather

The Weather

The weather report on Monday (May 17) and the forecast for Tuesday (May 18, 2004).

Published 18 May, 2004 12:00am

LHC admits bail plea of PML-N activists

LHC admits bail plea of PML-N activists

Bail applications of PML-N activists, including Town Nazim Khawaja Ahmad Hassan, Rao Jehanzeb, Mehr Mushtaq and Nasir Khan have been filed before the Lahore High Court (LHC) after removing objections raised by the LHC office.

Published 18 May, 2004 12:00am

Key stock market movements at 1700 GMT on May 17

Key stock market movements at 1700 GMT on May 17

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).

Published 18 May, 2004 12:00am

PPMA seeks cut in duty on plastic raw material

PPMA seeks cut in duty on plastic raw material

The Pakistan Plastic Manufacturers Association (PPMA) has urged Federal Finance Minister Shuakat Aziz and the CBR chairman to reduce duty on import of plastic raw material to 10 percent besides, waiving six percent income tax levied on importer.

Published 18 May, 2004 12:00am

LME official prices

LME official prices

LME official prices on Friday.

Published 18 May, 2004 12:00am

ECC decision on polyester filament yarn tariff rationalisation on May 20

ECC decision on polyester filament yarn tariff rationalisation on May 20

The Economic Co-ordination Committee (ECC) of the Cabinet will take decision on tariff rationalisation of polyester filament yarn sector and setting up of 'Export Terminals' at Sargodha and Muzaffargarh in its meeting on May 20.

Published 18 May, 2004 12:00am

LME official prices

LME official prices

LME official prices on Friday.

Published 18 May, 2004 12:00am

Karachi to receive normal water supply

Karachi to receive normal water supply

Karachi Water & Sewerage Board (KW&SB) has restored the normal supply of water to city, which was disrupted as switches at Dhabejee Pumping Station got burnt due to overload of electricity system to pumping station on Sunday.

Published 18 May, 2004 12:00am

Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Monday (May 17, 2004)

Published 18 May, 2004 12:00am

Bank Alfalah's after-tax profit rises 22 percent

Bank Alfalah's after-tax profit rises 22 percent

Bank Alfalah Limited's profit before tax rose 14 percent while profit after tax recorded an increase of 22 percent in the first quarter ended March 31, 2004 on back of healthy earnings from government bonds and capital gains.

Published 18 May, 2004 12:00am

Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (May 17, 2004).

Published 18 May, 2004 12:00am

Bank Alfalah's after-tax profit rises 22 percent

Bank Alfalah's after-tax profit rises 22 percent

Bank Alfalah Limited's profit before tax rose 14 percent while profit after tax recorded an increase of 22 percent in the first quarter ended March 31, 2004 on back of healthy earnings from government bonds and capital gains.

Published 18 May, 2004 12:00am

Poultry rates

Poultry rates

Wholesale poultry rates on Monday (May 17) and rates for Tuesday (May 18, 2004).

Published 18 May, 2004 12:00am

Inter University Games: PU winners get cash prizes, shields

Inter University Games: PU winners get cash prizes, shields

Cash prizes and shields were given to the students of Punjab University, who won 26 gold medals in first All Pakistan Inter-University Games, organised by the Higher Education Commission (HEC) in Islamabad.

Published 18 May, 2004 12:00am

Karachi Plastic/Urea Moulding Compounds Rates

Karachi Plastic/Urea Moulding Compounds Rates

Karachi Plastic/Urea Moulding Compounds Rates on Monday (May 17, 2004).

Published 18 May, 2004 12:00am

LCCI team to leave for Kenya and South Africa on May 19

LCCI team to leave for Kenya and South Africa on May 19

An 18-member trade delegation of the Lahore Chamber of Commerce and Industry (LCCI) will be leaving on a 10-day visit of Kenya and South Africa from May 19.

Published 18 May, 2004 12:00am

Karachi Yarn Market Rates

Yarn Prices

Karachi Yarn Market Rates

Karachi Yarn Market Rates on Monday (May 17, 2004).

Published 18 May, 2004 12:00am

CPNE assured of Aghaz's share of ads

CPNE assured of Aghaz's share of ads

Salahuddin Haider, adviser on information to Sindh Governor assured the three-member delegation of Sindh Committee of the CPNE led by Mahmudul Aziz that 'Daily Aghaz' would henceforth receive its due share of Sindh government advertising, in keeping with

Published 18 May, 2004 12:00am

Karachi Yarn Market Rates

Yarn Prices

Karachi Yarn Market Rates

Karachi Yarn Market Rates on Monday (May 17, 2004).

Published 18 May, 2004 12:00am

KPT to build 13,000 low-cost houses for employees

KPT to build 13,000 low-cost houses for employees

The Karachi Port Trust is to build 13,000 low-cost houses for its employees near Mauripur here. The housing city, to be spread over a land of 500 acres, would be equipped with all modern living facilities, including water, electricity, sewerage, playgroun

Published 18 May, 2004 12:00am

Faisalabad yarn and fibre prices

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Monday (May 17, 2004).

Published 18 May, 2004 12:00am

Call to prepare policy for poor, low income people

Call to prepare policy for poor, low income people

"Ruling party, budget and policy-makers must learn a lesson from Indian elections and they will have to prepare policy for uplift of poor and middle income group to win the next elections," said Mehmood Sham, Editor, daily Jang.

Published 18 May, 2004 12:00am

Faisalabad yarn and fibre prices

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Monday (May 17, 2004).

Published 18 May, 2004 12:00am

Video conference on Islamic Banking held

Video conference on Islamic Banking held

The first ever video conference on Islamic Banking was held at State Bank of Pakistan on Monday.

Published 18 May, 2004 12:00am

Multan commodities market rates

Multan commodities market rates

Commodities market rates in rupees on Monday (May 17, 2004).

Published 18 May, 2004 12:00am

43 income tax group officers sent on training

43 income tax group officers sent on training

Following allocation of Income Tax Group on the basis of Competitive Examination 2002, the Central Board of Revenue (CBR) has appointed 43 Assistant Commissioners of Income Tax (BS-17) and sent them to Civil Services Academy, Walton, Lahore, for common tr

Published 18 May, 2004 12:00am

Lahore Paper Market Rates

Lahore Paper Market Rates

Paper market rates in rupees on Monday (May 17, 2004).

Published 18 May, 2004 12:00am

638 tax officials to be appointed at LTUs and MTUs

638 tax officials to be appointed at LTUs and MTUs

The Central Board of Revenue (CBR) will appoint 638 tax officials on various positions at the Large Taxpayer Unit (LTU), Lahore, Medium Taxpayer Units (MTUs) at Karachi, Quetta, Faisalabad, Rawalpindi and Peshawar.

Published 18 May, 2004 12:00am

Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (May 17, 2004).

Published 18 May, 2004 12:00am

NWFP not against district government system: chief minister

NWFP not against district government system: chief minister

NWFP Chief Minister Akram Khan Durrani has said that his government is not against the district government system "rather we wanted to remove the lacuna and complications in the system putting in place a check and balance mechanism and accountability beca

Published 18 May, 2004 12:00am

Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (May 17, 2004).

Published 18 May, 2004 12:00am

Kashmir conference to be held in UK on June 6

Kashmir conference to be held in UK on June 6

A day-long international Kashmir conference will be held in Birmingham on June 6, 2004, to enable Kashmiri leaders from both sides of the Line of Control (LoC), to discuss various facets of the pestering Kashmir issue.

Published 18 May, 2004 12:00am

Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (May 17, 2004).

Published 18 May, 2004 12:00am

Death condoled

Death condoled

Chairman, All Pakistan Commercial Exporters Association (APCEA), Mumtaz Khan, members of the executive committee and members have condoled the sad death of Mehmood Shah, owner of Time Enterprisers and father of the chief executive of Rubi Corporation, Haj

Published 18 May, 2004 12:00am

Karachi chemicals and dyes market rates

Karachi chemicals and dyes market rates

Chemicals and dyes market rates in rupees on Monday (May 17, 2004).

Published 18 May, 2004 12:00am

Seminar on sales tax

Seminar on sales tax

Small and Medium Enterprises Development Authority (Smeda) in collaboration with ITAC and SCCI is organising a one-day seminar on Sales Tax.

Published 18 May, 2004 12:00am

Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Monday (May 17, 2004).

Published 18 May, 2004 12:00am

UK hopes Sonia to continue talks with Islamabad

UK hopes Sonia to continue talks with Islamabad

Britain expressed the hope on Monday that the new Indian leadership, would remain committed, to peace talks with Pakistan to solve the outstanding issues between the two neighbours.

Published 18 May, 2004 12:00am

Rates of spices and other allied commodities

Rates of spices and other allied commodities

Rates of spices and other allied commodities in rupees prevailing on the commodity markets in Karachi on Monday (May 17, 2004).

Published 18 May, 2004 12:00am

Flour mills: Sarhad Chamber demands withdrawal of 50 percent margin

Flour mills: Sarhad Chamber demands withdrawal of 50 percent margin

The president, Sarhad Chamber of Commerce and Industry (SCCI), Adeel Rauf, has termed the State Bank of Pakistan (SBP)'s decision on 50 percent commission margin for flour mill industry as unconstitutional.

Published 18 May, 2004 12:00am

Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (May 17, 2004).

Published 18 May, 2004 12:00am

Progress of PCSIR projects reviewed

Progress of PCSIR projects reviewed

Pakistan Council of Scientific and Industrial Research (PCSIR) Chairman Dr Anwar-ul-Haq reviewed on Monday the progress of various under construction projects and the performance of ongoing technical programmes.

Published 18 May, 2004 12:00am

Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (May 17, 2004).

Published 18 May, 2004 12:00am

Government to promote courses for gynaecologists and obstetricians

Government to promote courses for gynaecologists and obstetricians

Punjab Health Minister Dr Tahir Ali Javed has said the government will provide greater opportunities of training to gynaecologists and obstetricians, who form a vital element of the healthcare system, especially in rural areas.

Published 18 May, 2004 12:00am

Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (May 17, 2004).

Published 18 May, 2004 12:00am

AGPR raises objections to coal and soapstone mining projects

AGPR raises objections to coal and soapstone mining projects

The exploration projects of coal and soapstone mining have been hit by another snag as the office of the Accountant General of Pakistan Revenue (AGPR) raised objections over the operation of the administrative set-up of the projects against their jurisdic

Published 18 May, 2004 12:00am

Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (May 17, 2004).

Published 18 May, 2004 12:00am

PCSIR designs new insects killing device

PCSIR designs new insects killing device

The Pakistan Council of Scientific and Industrial Research (PCSIR) has successfully designed a device for killing harmful insects and micro-organisms that grow in and damage food and spices.

Published 18 May, 2004 12:00am

Dollar's rate in interbank market

Dollar's rate in interbank market

Interbank closing rates for dollar on Monday (May 17, 2004).

Published 18 May, 2004 12:00am

Wapda union holds procession

Wapda union holds procession

Pakistan Wapda Hydro Electric Central Labour Union here on Monday took out a procession in protest against hike in prices of essential commodities.

Published 18 May, 2004 12:00am

Kerb buying and selling rate of US dollar

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Monday (May 17, 2004).

Published 18 May, 2004 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 31	278.42
USD PKR Interbank Buying / May 31	278.22
USD to Japanese Yen / May 31	157.31
USD to Swiss Franc / May 31	0.90
Pound Sterling to USD / May 31	1.27
Euro to USD / May 31	1.08

Stock	Volume
S&P 500 / May 31	5277.51
India Sensex / May 31	73961.31
Tokyo Nikkei / May 31	38487.90
Nasdaq / May 31	16735.02
Hang Seng / May 31	18079.61
FTSE 100 / May 31	8275.38
Dow Jones / May 31	38686.32
Germany DAX 30 / May 31	18497.94

Item	Value
Crude Oil USD/Barrel / May 31	76.99
Karachi Cotton PKR/37.32 KG / May 31	19935
Gold 10 Grams PKR / May 31	207219
Gold Spot USD/Ounce / May 31	2327.33
Cotton US¢/pound / May 31	75.11
Petrol/Litre / Jun 1	268.36

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 1 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 1 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 1 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 1 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 1 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 1 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 1 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 1 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 1 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 1 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 1 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 1 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 1 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 1 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jun 1 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 1 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 1 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 1 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 1 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jun 1 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jun 1 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jun 1 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jun 1 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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Revenue-based power load-shedding to continue: govt