News Archives for Print - 2004-02-26

Print - 2004-02-26

Lower German inflation signals trend for eurozone

German annual inflation eased in February as the strong euro helped to contain oil and other import prices, signalling that the rate is also likely to fall in the wider eurozone.

Published 26 Feb, 2004 12:00am

IMF sees no quick fix to China currency debate

The head of the International Monetary Fund (IMF) saw no quick fix in the debate over China's currency policy on Wednesday, saying that while flexible exchange rates were desirable, so was mutual understanding.

Published 26 Feb, 2004 12:00am

Parmatour chairman arrested

Romano Bernardoni, chairman of the Italian leisure group Parmatour, was arrested early Wednesday by financial police in the northern city of Bologna on the grounds of alleged criminal conspiracy, fraudulent bankruptcy and false corporate communication, th

Published 26 Feb, 2004 12:00am

US suspends meat imports from France

The United States has decided to suspend imports of meat products from France after US experts found food safety measures in the country were not up to standard, the French agriculture ministry said Tuesday.

Published 26 Feb, 2004 12:00am

US existing home sales fall

Sales of existing US homes fell 5.2 percent in January, as housing activity settled after hitting record high levels in 2003, a report by the National Association of Realtors showed on Wednesday.

Published 26 Feb, 2004 12:00am

Kerry offers plan to stem escape of US jobs

Democratic presidential front-runner John Kerry on Wednesday proposed to discourage American companies from shipping US jobs overseas by requiring them to give advance notice to the government and affected workers.

Published 26 Feb, 2004 12:00am

Georgian leader meets IMF and World Bank representatives

Georgia's new leader, Mikhail Saakashvili, met International Monetary Fund and World Bank officials on Tuesday in his first visit to Washington since he led a bloodless revolution last year and became president.

Published 26 Feb, 2004 12:00am

Australia skilled vacancies rose 0.2 percent in February

The Australian government's index of skilled job vacancies rose 0.2 percent in February to 112.4, the Employment Department said on Wednesday.

Published 26 Feb, 2004 12:00am

Japan optimistic about Mexican free trade talks

Japan said on Wednesday progress was being made on forging a free-trade deal with Mexico, raising hopes that working-level talks over the next week will lead to the sealing of a pact that floundered last year over farm trade.

Published 26 Feb, 2004 12:00am

HBOS lifts profit as consumer lending stays strong

Britain's biggest mortgage lender HBOS Plc reported a 29 percent rise in 2003 profit on Wednesday, towards the top of forecasts, as it raised its share of a booming consumer lending market.

Published 26 Feb, 2004 12:00am

HBOS lifts profit as consumer lending stays strong

Britain's biggest mortgage lender HBOS Plc reported a 29 percent rise in 2003 profit on Wednesday, towards the top of forecasts, as it raised its share of a booming consumer lending market.

Published 26 Feb, 2004 12:00am

Chinese bank ICBC aims to list in two years

Industrial and Commercial Bank of China (ICBC), the country's largest state commercial lender, is planning to list in 2006 as part of package of government mandated reforms meant to resuscitate the ailing sector.

Published 26 Feb, 2004 12:00am

Chinese bank ICBC aims to list in two years

Published 26 Feb, 2004 12:00am

IMF urges Hong Kong to move on goods and services tax

Hong Kong still faces a challenge in adopting policies to curb its budget deficit and should move quickly to implement a goods and services tax, the IMF said on Wednesday.

Published 26 Feb, 2004 12:00am

India to meet privatisation target

India's privatisation minister, Arun Shourie, said on Wednesday the government was confident of meeting its target of raising 145 billion rupees ($3.2 billion) this financial year through stake sales in state-run companies.

Published 26 Feb, 2004 12:00am

Anglo American profits fall four percent but sees growth

Global mining and paper and packaging group Anglo American Plc reported a four percent fall in year profits on Wednesday, battered by a storm on currency markets, but predicted good growth in 2004.

Published 26 Feb, 2004 12:00am

Anglo American profits fall four percent but sees growth

Global mining and paper and packaging group Anglo American Plc reported a four percent fall in year profits on Wednesday, battered by a storm on currency markets, but predicted good growth in 2004.

Published 26 Feb, 2004 12:00am

Chip equipment maker ASM sees first-quarter orders exceeding fourth

ASM Pacific Technology, the world's largest maker of semiconductor assembly equipment by sales, said on Wednesday that backlog orders in the first quarter will likely exceed the robust growth seen late last year.

Published 26 Feb, 2004 12:00am

US Treasury prices surge

US Treasuries ended higher on Tuesday after a surprisingly large fall in consumer confidence helped cement the view that the Federal Reserve is unlikely to raise rates any time soon.

Published 26 Feb, 2004 12:00am

US Treasury prices surge

US Treasuries ended higher on Tuesday after a surprisingly large fall in consumer confidence helped cement the view that the Federal Reserve is unlikely to raise rates any time soon.

Published 26 Feb, 2004 12:00am

Hong Kong stocks decline for third consecutive day

Leading Hong Kong shares fell for a third consecutive day on Wednesday led by subway operator MTR Corp, which dropped nearly five percent after the government ordered it to begin merger talks with the territory's light railway company.

Published 26 Feb, 2004 12:00am

US equities decline for fifth session in a row

US stocks fell on Tuesday for the fifth straight session as investors worried over a dip in consumer confidence and fretted that markets are overpriced after scaling higher for nearly a year.

Published 26 Feb, 2004 12:00am

Thai shares end at three-week low

Thai stocks fell to a three-week low on Wednesday, led by a heavy fall of shares in satellite operator Shin Satellite PCL after the firm announced a share sale plan that triggered worries about the dilution effect.

Published 26 Feb, 2004 12:00am

Chilean stocks retreat on profit-taking

Chilean stocks slipped on Tuesday amid a bout of profit-taking but traders expected a regulatory ruling on fixed-line telecommunications providers that could benefit market heavyweight telecoms stock Telefonica CTC Chile, analyst said.

Published 26 Feb, 2004 12:00am

Malaysian shares snap nine-day rally

Malaysian stocks ended lower on Wednesday to snap a nine-day winning streak as investors booked profits ahead of the release of fourth-quarter GDP data.

Published 26 Feb, 2004 12:00am

Seoul shares finish with slight gains

South Korean shares ended slightly higher on Wednesday, lifted by a near five percent rise in shares of SK Telecom after the resignation of top management sparked hopes for greater transparency across the SK Group.

Published 26 Feb, 2004 12:00am

Japanese stock indices flat on weak US consumer

Japanese key stock indices ended flat on Wednesday, with exporters sold after surprisingly weak US consumer confidence data stoked concerns about the strength of the recovery in Japan's big trade partner.

Published 26 Feb, 2004 12:00am

Taiwan stocks end higher on technology shares

Taiwan stocks closed higher on Wednesday as heavily weighted technology shares like flat panel display maker AU Optronics rebounded on solid fundamentals, defying recent weakness on Wall Street.

Published 26 Feb, 2004 12:00am

Singapore shares close lower on selling technology stocks

Singapore shares slipped for a third straight day on Wednesday on selling of technology stocks, but OCBC Bank rose after unveiling a deal to buy out its insurance affiliate.

Published 26 Feb, 2004 12:00am

Chinese shares dip on former board member arrest

Profit-taking after a three-month rally depressed China's shares on Wednesday, while property developer AJ Corp under-performed on news that an ex-board member had been arrested for graft.

Published 26 Feb, 2004 12:00am

Indian shares plunge

Indian shares plunged to their lowest close in a month on Wednesday on worries about funds drying up in the market amid a series of large share issues.

Published 26 Feb, 2004 12:00am

US Stocks: Wednesday's unofficial close

Stocks inched up on Wednesday as strong earnings from computer products supplier Ingram Micro Inc and high-end retailer Tiffany & Co tempted investors after five straight sessions of declines in the market.

Published 26 Feb, 2004 12:00am

Invensys plans high-yield bond; market quiet

European corporate bonds were mostly unchanged on Wednesday, and activity was in the new deal pipeline where UK engineer Invensys planned to sell 650 million pounds of high yield bonds.

Published 26 Feb, 2004 12:00am

Invensys plans high-yield bond; market quiet

European corporate bonds were mostly unchanged on Wednesday, and activity was in the new deal pipeline where UK engineer Invensys planned to sell 650 million pounds of high yield bonds.

Published 26 Feb, 2004 12:00am

Closing stock market indices

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

Published 26 Feb, 2004 12:00am

FTSE-100 closes firmer as insurers balance weak banks

Leading UK shares closed firmer on Wednesday, led by strong insurers and oil stocks, which balanced out ex-dividend and results-inspired weakness in the banks, with Barclays and HBOS both falling.

Published 26 Feb, 2004 12:00am

Chinese yuan firmer versus US dollar

The yuan ended one notch firmer versus the US dollar at 8.2770 on Wednesday, remaining near the stronger end of its managed trading range.

Published 26 Feb, 2004 12:00am

Bangladeshi taka softens as banks hold dollars

The Bangladeshi taka closed slightly easier in interbank trade on Wednesday as a major public bank hoarded dollars to make import payments, dealers said.

Published 26 Feb, 2004 12:00am

Dollar softer as hopes fade for higher US rates

The dollar dipped on Wednesday as it struggled to shake off renewed worries about the US economic recovery in the wake of surprisingly weak consumer sentiment data.

Published 26 Feb, 2004 12:00am

Dollar hammered by soft US consumer sentiment data

The dollar slumped against other major currencies on Tuesday, undermined by a surprisingly weak reading on US consumer sentiment that raised fresh concerns over the outlook for the world's biggest economy.

Published 26 Feb, 2004 12:00am

Asian currencies tailing a firmer yen hesitantly

Asian currencies rose on Wednesday after weak US consumer sentiment data dented the dollar, but doubts over the longer-term trend in the majors had local markets wavering.

Published 26 Feb, 2004 12:00am

Swiss franc firms after shaky US data

The Swiss franc firmed on the dollar on Wednesday as the greenback suffered from a surprisingly weak reading on US consumer sentiment, which was seen as letting the Federal Reserve hold US interest rates low.

Published 26 Feb, 2004 12:00am

Indian rupee closes higher

The Indian rupee ended at an eight session high on Wednesday and approached a multiyear closing peak, helped by trade remittances which more than met month-end importer demand.

Published 26 Feb, 2004 12:00am

Sterling rides high

Sterling vaulted to a one-year high against the euro and a five-year peak against the yen on Wednesday as an upward revision to Britain's economic growth record bolstered the case for higher UK interest rates.

Published 26 Feb, 2004 12:00am

Dollar regains footing in London

The dollar pulled off the previous session's lows on Wednesday, awaiting any hints Federal Reserve chief Alan Greenspan might give on the outlook for US interest rates after soft consumer data the previous day.

Published 26 Feb, 2004 12:00am

Bodies of 32 trapped Chinese miners found

Thirty-two Chinese miners trapped after a gas blast in a pit ordered to close last month have been found dead, Xinhua news agency reported on Wednesday.

Published 26 Feb, 2004 12:00am

Ugandans march for peace

Several thousand Ugandans marched through the northern town of Lira on Wednesday to demand better protection from the army after rebels massacred more than 200 people at the weekend, witnesses said.

Published 26 Feb, 2004 12:00am

Indian air force to rely less on Western jets

India's air force will phase out many of its Western-made fighter jets and rely more on indigenous planes such as its planned "Tejas", a light combat aircraft, the nation's air force chief said on Wednesday.

Published 26 Feb, 2004 12:00am

Putin keeps Russia guessing on premier choice

President Vladimir Putin kept Russia guessing on Wednesday over his choice for prime minister after dismissing the government in a move that seemed aimed at reviving national interest in his re-election bid next month.

Published 26 Feb, 2004 12:00am

Unicef sounds alarm over indigenous children

Indigenous children are one of the world's most vulnerable groups, at greater risk of death and abuse, and with less access to education and health care than other young people, a UN agency said on Wednesday.

Published 26 Feb, 2004 12:00am

49 killed in Nigerian attack

At least 49 people have been killed in an attack by an armed gang on a small town in the strife-torn central Nigerian state of Plateau, local police chief Innocent Ilozuoke said Wednesday.

Published 26 Feb, 2004 12:00am

Seven cops killed in landmine blast in India

Seven policemen and a driver were killed Wednesday in a landmine blast triggered by Maoist militants in the eastern Indian state of West Bengal, police said.

Published 26 Feb, 2004 12:00am

Clock ticks to launch of comet-chasing probe

Mankind's most ambitious and costliest mission to a comet, the enigmatic rocks that some say seeded life on Earth, was heading towards a final countdown at Europe's space base here on Wednesday.

Published 26 Feb, 2004 12:00am

Kerry wins Utah primary, Idaho and Hawaii caucuses

Massachusetts Senator John Kerry handily won primary and caucuses held Tuesday in Utah Hawaii and Idaho, leaving North Carolina Senator John Edwards a distant second and reaffirming his front-runner status to become the Democratic candidate in the Novembe

Published 26 Feb, 2004 12:00am

Turkish prosecutor indicts 69 over Istanbul bombings

A Turkish prosecutor has indicted 69 suspects over four massive November car bombings which killed 63 people and left hundreds injured in Istanbul, the Anatolia news agency reported on Wednesday.

Published 26 Feb, 2004 12:00am

Natural disaster deaths rise seven-fold in 2003

Natural disasters caused by extreme weather claimed seven times as many victims in 2003 as in the previous year and the trend is set to continue, the world's biggest reinsurance company said on Wednesday.

Published 26 Feb, 2004 12:00am

Ethnic Chinese and Indians doing better in British schools

Teenagers of ethnic Chinese and Indian origin are doing better in British schools than their white counterparts, suggests data released by the government on Wednesday.

Published 26 Feb, 2004 12:00am

Libya stands by commitments: UK

Britain said Wednesday it had been reassured by Libya that Tripoli still accepted responsibility for its officials involved in the bombing in December 1988 of a US airliner over the Scottish town of Lockerbie.

Published 26 Feb, 2004 12:00am

US pledges to help Kazakhstan in Caspian security

US Defence Secretary Donald Rumsfeld pledged to help Kazakhstan ensure security in the oil-rich Caspian Sea on Wednesday, an area of acute interest for Washington as it seeks to diversify its crude oil supplies.

Published 26 Feb, 2004 12:00am

Israeli nuclear arsenal a mystery to UN watchdog

The extent of Israel's atomic weapons programme is a mystery to the United Nations nuclear watchdog, the agency's chief said in an interview broadcast on Wednesday.

Published 26 Feb, 2004 12:00am

Israeli troops 'storm' banks in Ramallah

Israeli troops firing teargas and rubber bullets stormed four Palestinian banks on Wednesday in what security sources called a hunt for money sent from abroad to groups behind suicide bombings.

Published 26 Feb, 2004 12:00am

Muslim blocs slam Israeli barrier as hearing ends

Two blocs representing dozens of Muslim countries threw their weight behind a Palestinian challenge to the legality of Israel's West Bank barrier on Wednesday as three days of hearings ended at the World Court.

Published 26 Feb, 2004 12:00am

Six-party talks: US and North Korea lay their cards on the table

US and North Korean envoys staked out widely divergent positions at six-party talks on the crisis over the North's nuclear arms programmes on Wednesday.

Published 26 Feb, 2004 12:00am

Vajpayee asks Muslims to vote for him

Indian Prime Minister Atal Behari Vajpayee Wednesday pledged peace with Pakistan and made a fervent appeal to Muslims to vote for his Hindu nationalist party in the run-up to parliamentary elections.

Published 26 Feb, 2004 12:00am

Jemaah Islamiyah acting chief jailed

An Indonesian court on Wednesday jailed the acting head of the Jemaah Islamiyah (JI) regional group for three-and-a-half years.

Published 26 Feb, 2004 12:00am

Iranian conservatives crowned as winners

Religious conservatives were Wednesday crowned as the winners of Iran's parliamentary elections, securing a firm majority in the assembly in polls that most of their incumbent reformist rivals were barred from contesting.

Published 26 Feb, 2004 12:00am

Two US soldiers killed as helicopter crashes in Iraq

Two US soldiers were killed when the helicopter they were flying crashed into a river in western Iraq on Wednesday, apparently not because of hostile fire, US military spokesmen told AFP.

Published 26 Feb, 2004 12:00am

Iran digs in heels over nuclear secrets

Iran said on Wednesday it had told the United Nations enough about its nuclear programme and had no obligation to say more, rebuffing calls for it to be more open and dispel suspicions it is building a nuclear bomb.

Published 26 Feb, 2004 12:00am

Britain sets out proposals to wage war on terror

Britain set out proposals Wednesday to beef up its ability to wage a long-term campaign against global terrorism, amid fears that an attack on British soil is inevitable.

Published 26 Feb, 2004 12:00am

Morocco quake survivors protest; toll tops 600

Angry homeless survivors from an earthquake that killed nearly 600 people in northern Morocco blocked a main road on Wednesday in protest at the lack of government aid to rebuild their shattered lives.

Published 26 Feb, 2004 12:00am

Accused UK intelligence translator walks free

Spy charges were dropped Wednesday against a British intelligence translator who leaked plans of an apparent US "dirty tricks" campaign targeting UN Security Council members in the run-up to the Iraq war.

Published 26 Feb, 2004 12:00am

Indian jets battle US F-15s in mock dogfight

American F-15 fighter planes and Indian jets fought a mock battle here on Wednesday as the curtain fell on the first-ever joint aerial exercises between the two nations who were on opposite sides during the Cold War.

Published 26 Feb, 2004 12:00am

PUBLIC NOTICE: Textile Quota Management

In accordance with EPB's Pubic Notice of even number dated 10th February, 2004 auction of 1st Growth Quota through bids was held on 20th February, 2004.

Published 26 Feb, 2004 12:00am

MQM's call for mourning remains peaceful: Sindh governor

Sindh Governor, Dr Ishrat-ul-Ibad Khan has said that observance of a mourning day by Muttahida Qaumi Movement (MQM) on the brutal murder of two innocent girls, was in fact an expression of grief and sorrow.

Published 26 Feb, 2004 12:00am

Sindh chief minister orders probe into murder of two girls

Sindh Chief Minister, Sardar. Ali Mohammad Maher, has expressed his deepest grief and shock over the savage murder of two innocent girls and ordered an inquiry into the incident through the Judge of High Court of Sindh so as to get an early justice to par

Published 26 Feb, 2004 12:00am

US embassy deputy chief calls on Rajab Ali

The Deputy Chief, Economic Section, of American Embassy, Joel R. Reifman, called on the Parliamentary Secretary for Food and Agriculture, Rajab Ali Khan Baluch, and discussed matters of mutual interest.

Published 26 Feb, 2004 12:00am

SHC orders production of Mansoor on February 26

An Appellate bench of the Sindh High Court (SHC) for accountability courts on Wednesday ordered production of former Chief of Naval Staff Mansoor-ul-Haq and Commodore Mirza Ashfaq Baig (Retd) on February 26, while hearing the appeals filed by the accused

Published 26 Feb, 2004 12:00am

State Bank governor satisfied with progress of NCHD projects

The Governor, State Bank of Pakistan (SBP), Dr Ishrat Hussain, on Tuesday visited the community development projects in Thatta district, which are initiated by the National Commission for Human Development (NCHD). He was accompanied by the NCHD Chairman,

Published 26 Feb, 2004 12:00am

'EU and US can play only a modest role in Indo-Pak reconciliation'

The US and European Union (EU) have an interest in Indo-Pak reconciliation but can play only a modest role in this regard, said Robert M. Hathaway, Director Asia Programme in Woodrow Wilson International Center for Scholars on Wednesday.

Published 26 Feb, 2004 12:00am

Qatar Hospital to have 100 more beds soon

Sindh Government Qatar Hospital, Orangi Town will have an additional 100 beds soon.

Published 26 Feb, 2004 12:00am

US Human Rights body to hear Kashmir case on March 3

The Human Rights Sub-Committee of the United States House of Representatives Committee on Government Reform will hold hearings on the atrocities being perpetrated by India on the people of Kashmir on March 3.

Published 26 Feb, 2004 12:00am

Pakistan for resolving all issues through dialogue: Aziz

Pakistan on Wednesday said that the current thaw in its ties with India presented a lifetime opportunity to resolve all outstanding issues including Kashmir and suggested strengthening of trade relations to give a fillip to the ongoing peace process.

Published 26 Feb, 2004 12:00am

Musharraf remains courageous, indispensable ally: Tenet

The Director of Central Intelligence Agency (CIA) George Tenet on Tuesday said that President Pervez Musharraf "remains a courageous and indispensable ally" who has become the target of assassins "for the help he has given us."

Published 26 Feb, 2004 12:00am

Lecturers recruitment

Several months back the provincial government decided to appoint lecturers on emergency basis to meet the acute shortage in the colleges of entire province.

Published 26 Feb, 2004 12:00am

Pruning of plants

The City Government spends a lot of money and labour in plantation in Karachi. There are several rare species of very old plants on both sides of the roads.

Published 26 Feb, 2004 12:00am

Personality and money count in Indonesian elections

When it comes to Indonesia, you would think voters have plenty of reasons to toss their leaders out of office - endemic corruption, venal politicians and high unemployment.

Published 26 Feb, 2004 12:00am

EC, monks reluctant parties to Sri Lankan polls

Sri Lanka's upcoming elections will be conducted by a man who is fed up and wants to quit, the campaign includes saffron-robed Buddhist monks who detest politics and few want the ballot in the first place.

Published 26 Feb, 2004 12:00am

Partly Facetious: who is going to catch Osama?

"So is Osama going to be captured by our Jawans or the Bush-Poodle forces?"

Published 26 Feb, 2004 12:00am

The demand for provincial autonomy

Speaking at a seminar on "Greater Provincial Autonomy" in Islamabad the other day, leaders of different self-confessed 'nationalist' parties from NWFP, Sindh, and Balochistan expressed extreme dissatisfaction with the existing Centre-provinces relationshi

Published 26 Feb, 2004 12:00am

Privatising PTCL: let us take a decision soon

The Financial Advisory Consortium for sale of strategic management stake in the Pakistan Telecommunication Company Limited has strongly advised the Privatisation Commission to continue along the path of selling PTCL as in integrated entity.

Published 26 Feb, 2004 12:00am

Joint meeting of bourses on February 28

A joint meeting of the three stock exchanges of the country will be held at a local hotel here on Saturday, February 28 to discuss the issue of proposed merger of the stock exchanges.

Published 26 Feb, 2004 12:00am

Socio-economic projects being implemented at a fast pace

Punjab Chief Minister Chaudhry Pervaiz Elahi has said that the parliamentary system of the country is founded on solid basis and the elected government of PML is fast implementing socio-economic projects for uplift of the masses.

Published 26 Feb, 2004 12:00am

CPNE Sindh committee rejects new requirements for accreditation

The Sindh Committee of the Council of Pakistan Newspaper Editors (CPNE) at its meeting here on Wednesday considered threadbare the issue of accreditation of correspondents and photographers by the Sindh Information department for the year 2004.

Published 26 Feb, 2004 12:00am

NUST to participate in Engelberg forum

The National University of Science and Technology (NUST) will participate in 15th Forum Engelberg in Lucerne, Engelberg, that will be held in Switzerland from February 29 to March 4.

Published 26 Feb, 2004 12:00am

Poultry sector assured of government help

Punjab government has assured the poultry sector of the province that it would provide all-out assistance and financially rehabilitate the poultry sector, which has been severely affected by false propaganda of bird flu virus.

Published 26 Feb, 2004 12:00am

TB elimination tops government priorities: Harraj

The State Minister for Health, Hamid Yar Harraj, has said the elimination of all dangerous diseases, including tuberculosis (TB) is first and foremost priority of the government and within 2005 the medical care would be provided to 100 percent patients.

Published 26 Feb, 2004 12:00am

LCCI president has no mandate to review MoUs

Former convener of Founders Group in the Lahore Chamber of Commerce & Industry (LCCI) and executive committee member of the ruling group Chaudhry Zaka Ashraf has said that the chamber president has no mandate to review the already signed memoranda of unde

Published 26 Feb, 2004 12:00am

Lahore High Court clarification

The Lahore High Court on Wednesday clarified the news reports about incident of indulging magistrates/civil judges posted in district Gujranwala into liquor drinking and merry-making with call girls at a marriage ceremony of their colleague.

Published 26 Feb, 2004 12:00am

ABL to set up credit card customer centre next week

The Allied Bank of Pakistan Limited (ABL) would set up Credit Card Customer Services Centre in the Punjab capital next week to help people avail the e-banking facility in a comfortable manner.

Published 26 Feb, 2004 12:00am

Workshop on statistical quality control

Shahzad Ali Malik, Vice-President of Lahore Chamber of Commerce and Industry (LCCI), will inaugurate a two-day training programme on "Statistical Quality Control (SQC)," organised by the chamber in collaboration with Small and Medium Enterprises Developme

Published 26 Feb, 2004 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 17	278.30
USD PKR Interbank Buying / May 17	278.10
USD to Japanese Yen / May 17	155.67
USD to Swiss Franc / May 17	0.91
Pound Sterling to USD / May 17	1.27
Euro to USD / May 17	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Tokyo Nikkei / May 17	38787.38
Nasdaq / May 17	16685.97
Hang Seng / May 17	19535.61
FTSE 100 / May 17	8420.26
Dow Jones / May 17	40003.59
Germany DAX 30 / May 17	18704.42

Item	Value
Crude Oil USD/Barrel / May 17	79.59
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210562
Gold Spot USD/Ounce / May 17	2386.18
Cotton US¢/pound / May 17	76.29
Petrol/Litre / May 18	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 18 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 18 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 18 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 18 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 18 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 18 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 18 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 18 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 18 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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