News Archives for Print - 2004-05-26

Print - 2004-05-26

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (May 25, 2004).

Published 26 May, 2004 12:00am

Anti-smuggling drive reduces foreign cigarettes sale

The recent anti-smuggling operations by customs have drastically reduced supply of counterfeit foreign brand cigarettes in Pakistan's markets.

Published 26 May, 2004 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (May 25, 2004).

Published 26 May, 2004 12:00am

Export Promotion Bureau has received the following Trade Enquiries from abroad. Interested Pakistani parties dealing in the under mentioned items can obtain further details from the addresses given or from EPB Head Quarters and its Regional/Sub-Regional O

Published 26 May, 2004 12:00am

Poultry rates

Wholesale poultry rates on Tuesday (May 25) and rates for Wednesday (May 26, 2004).

Published 26 May, 2004 12:00am

Pacra maintains Unit Trust rating

The Pakistan Credit Rating Agency (Pacra) has maintained the mutual fund rating of 'AA(f)' (double A) for Unit Trust of Pakistan (UTP).

Published 26 May, 2004 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (May 25, 2004).

Published 26 May, 2004 12:00am

Pacra maintains Unit Trust rating

The Pakistan Credit Rating Agency (Pacra) has maintained the mutual fund rating of 'AA(f)' (double A) for Unit Trust of Pakistan (UTP).

Published 26 May, 2004 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Tuesday (May 25, 2004).

Published 26 May, 2004 12:00am

CDC makes state-run companies listing cost effective

The Central Depository Company (CDC) has played a pivotal role in placing shares of state-run companies at the Central Depository System, making cost effective both for issuers and investors.

Published 26 May, 2004 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Tuesday (May 25, 2004).

Published 26 May, 2004 12:00am

Pakistan has great potential for investment: EPB chief

Pakistan, being the geographical centre of the region, has great attraction for investment and participation of 180 companies from 21 countries in the first international plastic printing and packaging (PPP) exhibition and international food equipment and

Published 26 May, 2004 12:00am

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Tuesday (May 25, 2004).

Published 26 May, 2004 12:00am

Unicef and UNDP sign drinking water project for Sindh and Punjab

The United Nations Children's Fund (Unicef) and the United Nations Development Programme (UNDP) have jointly signed a project to provide access to utilisation of safe water supply, improved sanitation and Natural Resources Management in Punjab and Sindh.

Published 26 May, 2004 12:00am

THE RUPEE: three paisa loss in interbank market

The rupee on Tuesday reversed its overnight gains versus dollar in the interbank market, shedding three paisa for buying and selling at Rs 57.67 and Rs 57.69, respectively, dealers said.

Published 26 May, 2004 12:00am

Congress considering $701 million grant passage for Pakistan

The US Congress is to consider passage of proposed FY-05 development allocations for Pakistan amounting to 701 million dollars, being the first year of the three billion multi-year assistance programme announced at the Camp David meeting between President

Published 26 May, 2004 12:00am

THE RUPEE: three paisa loss in interbank market

The rupee on Tuesday reversed its overnight gains versus dollar in the interbank market, shedding three paisa for buying and selling at Rs 57.67 and Rs 57.69, respectively, dealers said.

Published 26 May, 2004 12:00am

Musharraf performs earth-breaking of National Monument

President Pervez Musharraf on Tuesday performed the earth-breaking of the National Monument that will depict Pakistan's true picture of a progressive modern nation to protect its sovereignty. The monument to be built on the scenic place at Shakarparian.

Published 26 May, 2004 12:00am

Miscellaneous: PAKISTAN SERVICES LIMITED - Half Year Ended December 31, 2003

Pakistan Services Ltd (PSL) was incorporated in 1958 in Karachi under the Companies Act, 1913 (now Companies Ordinance, 1984) as a public limited company and is quoted on Karachi Stock Exchange.

Published 26 May, 2004 12:00am

New Indian government to continue agreed framework for talks: Maleeha

Pakistan High Commissioner to the UK Dr Maleeha Lodhi hoped that the new Indian government would pursue the agreed framework for talks and described the early indications from New Delhi as "all positive."

Published 26 May, 2004 12:00am

Miscellaneous: PAKISTAN SERVICES LIMITED - Half Year Ended December 31, 2003

Pakistan Services Ltd (PSL) was incorporated in 1958 in Karachi under the Companies Act, 1913 (now Companies Ordinance, 1984) as a public limited company and is quoted on Karachi Stock Exchange.

Published 26 May, 2004 12:00am

163 Pakistani peacekeepers off to Liberia

Another batch of Pakistani troops assigned the mission to restore peace under the aegis of United Nations in war ravaged Liberia left here on Tuesday on a specially chartered UN aircraft, bringing the total strength of the Pakistan contingent to about 250

Published 26 May, 2004 12:00am

Tobacco: LAKSON TOBACCO COMPANY LIMITED - Nine Months Ended March 31, 2004

The company was incorporated in the province of Sindh on February 10, 1969 as a public limited company and its shares are quoted on the Karachi and Lahore Stock Exchanges.

Published 26 May, 2004 12:00am

Over Rs 21 million to be spent on water-courses brick lining

An amount of Rs 21.035 million would be spent on 34 schemes of brick lining of irrigation watercourses in different rural areas of Faisalabad district.

Published 26 May, 2004 12:00am

Tobacco: LAKSON TOBACCO COMPANY LIMITED - Nine Months Ended March 31, 2004

The company was incorporated in the province of Sindh on February 10, 1969 as a public limited company and its shares are quoted on the Karachi and Lahore Stock Exchanges.

Published 26 May, 2004 12:00am

Talks only way to solve Kashmir issue: Patil

Indian Interior Minister Sanjeev Patil has said that talks between India and Pakistan are the only instrument for Kashmir solution.

Published 26 May, 2004 12:00am

Pakistan Economic Indicators

Pakistan economic indicators on May 25.

Published 26 May, 2004 12:00am

National Assembly summoned on May 31

President General Pervez Musharraf has summoned the National Assembly to meet on 5:30 pm on Monday, May 31.

Published 26 May, 2004 12:00am

All shares index report

The sector-wise all shares index report on Tuesday (May 25, 2004).

Published 26 May, 2004 12:00am

Port Qasim clarification

The Port Qasim Authority (PQA) has said that the decline in volume of cargo from 13.85 million tonnes to 12.68 million tonnes during July-April 4, constituting 8.5 percent decrease, is mainly due to decline in the POL traffic at Fotco, which shrank around

Published 26 May, 2004 12:00am

Cross Transactions

Cross transactions between client to client reported on Tuesday (May 25, 2004).

Published 26 May, 2004 12:00am

Pakistan to import Indian tea

Indian Tea Association (ITA) and Pakistan Tea Association (PTA) have signed an Memorandum of Understanding (MoU) to ensure that tea imports from India reach a level of 25 million kg over the period 2004-05 to 2006-07.

Published 26 May, 2004 12:00am

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 26 May, 2004 12:00am

British Telecom and WorldCall sign Master Agreement

British Telecom and WorldCall Communication Ltd Pakistan have entered into a long-term strategic partnership by signing a Master Agreement for co-operation and partnership covering different areas of their respective operations, said a spokesman for World

Published 26 May, 2004 12:00am

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 26 May, 2004 12:00am

British Telecom and WorldCall sign Master Agreement

Published 26 May, 2004 12:00am

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 26 May, 2004 12:00am

NRL and PRL issue tender for sale of naphtha

The National Refinery Limited (NRL) and Pakistan Refinery Limited (PRL) have jointly issued a tender to sell 200,000-250,000 tonnes of full-range naphtha for July to December, traders said on Tuesday.

Published 26 May, 2004 12:00am

Dividend/Bonus Announcements

Dividend/Bonus Announcements by Companies listed on the Karachi Stock Exchange.

Published 26 May, 2004 12:00am

Banks and DFIs may be penalised for not supplying accounts statements

The State Bank on Tuesday threatened to penalise banks and development finance institutions (DFIs) if they failed to dispatch the statement of accounts to their customers.

Published 26 May, 2004 12:00am

Shares buy-back schedule

Shares buy-back schedule of listed companies on Tuesday (May 25, 2004).

Published 26 May, 2004 12:00am

Environment ministry asked to issue bio-safety guidelines

Dr Attaur Rahman, minister incharge of Science and Technology, has deplored the delay in the announcement of the bio-safety guidelines by the environment ministry.

Published 26 May, 2004 12:00am

Last date of renunciation/payment

Last dates of renunciation/payment.

Published 26 May, 2004 12:00am

Farmers criticise irrigation officials

Farmers from southern Punjab have complained of high-handedness of irrigation officials in their region, especially in District Rahim Yar Khan.

Published 26 May, 2004 12:00am

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 26 May, 2004 12:00am

Strong protest overshadows CDGK budget session

Strong protest against bye-elections' violence and water shortage completely overshadowed the Karachi city council budget session proceedings on Tuesday.

Published 26 May, 2004 12:00am

Companies under suspension

"Under Suspension" Companies listed on the Karachi Stock Exchange.

Published 26 May, 2004 12:00am

New PID director assumes charge

The new Director of the Press Information Department of the Federal Government at Karachi Abdul Ghafoor Memon took charge of his office from the outgoing Director Mohammed Hafiz Mughal, who has been deputed to the Central Board of Revenue in Islamabad.

Published 26 May, 2004 12:00am

Clearing Schedule for T+3 System

Karachi Stock Exchange's Clearing Schedule for T+3 System.

Published 26 May, 2004 12:00am

Karachi Sheraton hosting 'Lebanese Nights'

The Karachi Sheraton Hotel & Towers, is hosting the "Lebanese Nights", depicting the true colour and tradition of Lebanon.

Published 26 May, 2004 12:00am

Dates of Closure of Books & Annual General Meetings

Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed on the stock exchanges.

Published 26 May, 2004 12:00am

Rs10 stamp paper shortage causing problems to people

Shortage of Rs 10 stamp papers in the courts has caused lots of problems for the people and they are being forced to get Rs 30 stamp papers instead.

Published 26 May, 2004 12:00am

Open End Mutual Funds (Unit Trusts)

The open end mutual funds.

Published 26 May, 2004 12:00am

DHA misusing security force against traders, residents

Anjuman-e-Tajran and Residents Association of Defence Housing Authority (DHA) have demanded of the Corps Commander, Lahore, who is also chairman of DHA, to take note of highhandedness of DHA management which in violation of court's order is causing physic

Published 26 May, 2004 12:00am

Open End Mutual Funds (Unit Trusts)

The open end mutual funds.

Published 26 May, 2004 12:00am

Talks with US on incursions postponed

Talks between Pakistani and US army commanders to discuss recent incursions by Afghan-based US troops into Pakistan have been postponed for two days, the foreign ministry said on Tuesday.

Published 26 May, 2004 12:00am

Open End Mutual Funds (Unit Trusts)

The open end mutual funds.

Published 26 May, 2004 12:00am

Pak-Kuwait managing director given 'Outstanding CEO Award'

Pak-Kuwait Managing Director Zaigham Mahmood Rizvi has been awarded internationally recognised "Outstanding CEO Award" for 2004 bestowed by the Association of Development Financing Institutions in Asia and Pacific (ADFIAP).

Published 26 May, 2004 12:00am

United Money-Market Fund

The Unit Prices for May 26, 2004.

Published 26 May, 2004 12:00am

Pak-Kuwait managing director given 'Outstanding CEO Award'

Published 26 May, 2004 12:00am

United Money-Market Fund

The Unit Prices for May 26, 2004.

Published 26 May, 2004 12:00am

Samjohta Express starts operation with new schedule

Samjohta Express left for India according to new schedule from Lahore railway station here on Tuesday.

Published 26 May, 2004 12:00am

United Money-Market Fund

The Unit Prices for May 26, 2004.

Published 26 May, 2004 12:00am

Sajjad appointed high commissioner in Singapore, Rifat new envoy to Oman

The government has appointed Sajjad Ashraf as High Commissioner for Pakistan to Singapore.

Published 26 May, 2004 12:00am

Foreign Exchange Bearer Certificates

The prevailing rate of Foreign Exchange Bearer Certificates on Tuesday (May 25, 2004).

Published 26 May, 2004 12:00am

Pakistani fishermen's bodies arrive on May 26

The bodies of Pakistani fishermen who were killed by the firing of Indian coast guards last week will arrive from Mumbai at Karachi Airport on Wednesday afternoon by a PIA flight PK 275.

Published 26 May, 2004 12:00am

Foreign Exchange Bearer Certificates

The prevailing rate of Foreign Exchange Bearer Certificates on Tuesday (May 25, 2004).

Published 26 May, 2004 12:00am

Musharraf hosts dinner for Syedna Burhanuddin

President General Pervez Musharraf held a dinner in honour of Dr Syedna Mohammad Burhanuddin, the spiritual leader of the Dawoodi Bohra Community, at the Ewan-e-Sadr on Monday.

Published 26 May, 2004 12:00am

Foreign Exchange Bearer Certificates

The prevailing rate of Foreign Exchange Bearer Certificates on Tuesday (May 25, 2004).

Published 26 May, 2004 12:00am

MMA to launch mass contact drive against US

The Muttahida Majlis-i-Amal (MMA) has decided to launch a three-day mass contact campaign against the US military action and attacks on holy sites in Iraq.

Published 26 May, 2004 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Tuesday (May 25, 2004).

Published 26 May, 2004 12:00am

Pakistan and Saudi Arabia support and stand by each other: Jamali

Prime Minister Mir Zafarullah Khan Jamali said on Tuesday that Pakistan and Saudi Arabia support and stand by each other and this relationship will continue to grow in strength in the years ahead.

Published 26 May, 2004 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Tuesday (May 25, 2004).

Published 26 May, 2004 12:00am

Artisan city to be set up in Karachi

Sindh Small Industries Corporation (SSIC) will establish an artisan city in Karachi as per directive of provincial minister for Industries & Commerce Muhammad Adil Siddiqui.

Published 26 May, 2004 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Tuesday (May 25, 2004).

Published 26 May, 2004 12:00am

10 killed in occupied Kashmir

Suspected freedom fighters killed four policemen, four soldiers and two others in occupied Kashmir overnight and on Tuesday in separate incidents, a police spokesman said.

Published 26 May, 2004 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Tuesday (May 25, 2004).

Published 26 May, 2004 12:00am

Rubber parts dealers deprived of cash and mobile phones

Two armed robbers on Monday night looted Saeed Manzil's Rubber Parts Dealers Association President Sheikh Khalid Pervez, and his three business guests at the busy rubber market at Jamila Street and deprived them of cash and mobile phones.

Published 26 May, 2004 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Tuesday (May 25, 2004).

Published 26 May, 2004 12:00am

US air raids kill 20 Taleban

At least 20 suspected Taleban were killed in US air strikes in southern Afghanistan on Tuesday, Afghan officials said.

Published 26 May, 2004 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Tuesday (May 25, 2004).

Published 26 May, 2004 12:00am

US air raids kill 20 Taleban

At least 20 suspected Taleban were killed in US air strikes in southern Afghanistan on Tuesday, Afghan officials said.

Published 26 May, 2004 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Tuesday (May 25, 2004).

Published 26 May, 2004 12:00am

Economy's size to rise to $95 billion

Size of national economy would jump from $70 billion to $95 billion showing a growth of $25 billion when the government would announce its final figures of growth in Economic Survey 2003-04.

Published 26 May, 2004 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Tuesday (May 25, 2004).

Published 26 May, 2004 12:00am

Economy's size to rise to $95 billion

Size of national economy would jump from $70 billion to $95 billion showing a growth of $25 billion when the government would announce its final figures of growth in Economic Survey 2003-04.

Published 26 May, 2004 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Tuesday (May 25, 2004).

Published 26 May, 2004 12:00am

Duty drawback given on export of staple fibre blended yarn

The Central Board of Revenue (CBR) has given duty drawback on the export of seven different types of polyester-viscose staple fibre blended yarn and other products from May 24-June 30, 2004.

Published 26 May, 2004 12:00am

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (May 25, 2004).

Published 26 May, 2004 12:00am

Duty drawback given on export of staple fibre blended yarn

The Central Board of Revenue (CBR) has given duty drawback on the export of seven different types of polyester-viscose staple fibre blended yarn and other products from May 24-June 30, 2004.

Published 26 May, 2004 12:00am

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (May 25, 2004).

Published 26 May, 2004 12:00am

Duty drawback given on export of staple fibre blended yarn

The Central Board of Revenue (CBR) has given duty drawback on the export of seven different types of polyester-viscose staple fibre blended yarn and other products from May 24-June 30, 2004.

Published 26 May, 2004 12:00am

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (May 25, 2004).

Published 26 May, 2004 12:00am

15 killed in coal mine explosion

Fifteen coal miners died when Methane gas exploded in a coal mine in Sinjdi coal mine field some 50km off here on Tuesday, Chief Mines Inspector Maqbool Ahmed told APP by phone from site of the accident.

Published 26 May, 2004 12:00am

NJLI Mutual Fund Rates

New Jubilee Life Insurance Mutual Fund Rates on Tuesday (May 25, 2004).

Published 26 May, 2004 12:00am

15 killed in coal mine explosion

Published 26 May, 2004 12:00am

NJLI Mutual Fund Rates

New Jubilee Life Insurance Mutual Fund Rates on Tuesday (May 25, 2004).

Published 26 May, 2004 12:00am

DFIs to keep Rs 1 billion minimum paid-up capital

The State Bank on Tuesday said that development finance institutions (DFIs) will also be required to meet minimum paid-up capital requirement of Rs 1 billion, free of losses, and maintain capital adequacy ratio not less than 8 percent of their risk weight

Published 26 May, 2004 12:00am

NJLI Mutual Fund Rates

New Jubilee Life Insurance Mutual Fund Rates on Tuesday (May 25, 2004).

Published 26 May, 2004 12:00am

DFIs to keep Rs 1 billion minimum paid-up capital

Published 26 May, 2004 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 3	278.23
USD PKR Interbank Buying / May 3	278.03
USD to Japanese Yen / May 3	153.05
USD to Swiss Franc / May 3	0.91
Pound Sterling to USD / May 3	1.25
Euro to USD / May 3	1.08

Stock	Volume
S&P 500 / May 3	5127.79
India Sensex / May 3	73878.15
Tokyo Nikkei / May 3	38236.07
Nasdaq / May 3	16156.33
Hang Seng / May 3	18475.92
FTSE 100 / May 3	8213.49
Dow Jones / May 3	38675.68
Germany DAX 30 / May 3	18001.60

Item	Value
Crude Oil USD/Barrel / May 3	78.11
Karachi Cotton PKR/37.32 KG / May 3	20535
Gold 10 Grams PKR / May 3	205418
Gold Spot USD/Ounce / May 3	2301.74
Cotton US¢/pound / May 3	78.06
Petrol/Litre / May 6	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 6 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 6 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 6 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 6 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 6 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 6 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 6 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 6 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 6 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 6 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 6 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 6 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 6 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 6 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 6 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 6 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 6 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 6 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 6 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 6 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 6 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 6 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 6 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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