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Print - 2005-02-25
Opposition for political solution to Balochistan issue

Opposition for political solution to Balochistan issue

The combined opposition in National Assembly on Thursday pressed the government to use political channels to minimise tension in Balochistan and advocated the province's right of gas royalty. It was announced that 'military government' would be undone if
Published 25 Feb, 2005 12:00am
BMA-PGBI Closing Bell

BMA-PGBI Closing Bell

The BMA Pakistan Government Bond Index (BMA-PGBI) moved down by 1 bps to 98.92. Yield did not observe any significant change due to lower deman as well as slow activity in PIBs.
Published 25 Feb, 2005 12:00am
PIA to resume Balochistan and Gulf states service by June 15

PIA to resume Balochistan and Gulf states service by June 15

Pakistan International Airlines (PIA) will restart its suspended operation between Balochistan and Gulf States by June 15. PIA authorities gave this assurance to the Senate Standing Committee on Defence and Defence Production, which met here at PIA Head O
Published 25 Feb, 2005 12:00am
BMA-PGBI Closing Bell

BMA-PGBI Closing Bell

The BMA Pakistan Government Bond Index (BMA-PGBI) moved down by 1 bps to 98.92. Yield did not observe any significant change due to lower deman as well as slow activity in PIBs.
Published 25 Feb, 2005 12:00am
'Policy soon to promote sugarcane by-products'

'Policy soon to promote sugarcane by-products'

Minister for Industries and Production, Jehangir Khan Tareen on Thursday said that the government would soon formulate national policy to encourage value-addition of by-products of sugarcane. He said the parties to the issue including Pakistan Sugar Mills
Published 25 Feb, 2005 12:00am
Pakistan values relations with African states: Musharraf

Pakistan values relations with African states: Musharraf

President General Pervez Musharraf said on Thursday that Pakistan greatly values its relations with African countries and is committed to develop stronger ties with them. Speaking at a banquet hosted in honour of the Eritrean President Isaias Afwerki, he
Published 25 Feb, 2005 12:00am
MCA top posts vacant for two months

MCA top posts vacant for two months

Top posts of the watchdog of public interest, Monopoly Control Authority (MCA), have been lying vacant for two months and the substantive authority and its working has almost come to a standstill, sources told Business Recorder here on Thursday. The sourc
Published 25 Feb, 2005 12:00am
MCA top posts vacant for two months

MCA top posts vacant for two months

Top posts of the watchdog of public interest, Monopoly Control Authority (MCA), have been lying vacant for two months and the substantive authority and its working has almost come to a standstill, sources told Business Recorder here on Thursday. The sourc
Published 25 Feb, 2005 12:00am
Seven killed as government offices attacked in occupied Kashmir

Seven killed as government offices attacked in occupied Kashmir

Two Mujahideen were killed after attacking occupied Kashmir's administrative headquarters late on Thursday, ending a bloody siege which trapped 250 people and saw the deaths of five others. "Both of the militants (Mujahideen) who had stormed the complex h
Published 25 Feb, 2005 12:00am
Seven killed as government offices attacked in occupied Kashmir

Seven killed as government offices attacked in occupied Kashmir

Two Mujahideen were killed after attacking occupied Kashmir's administrative headquarters late on Thursday, ending a bloody siege which trapped 250 people and saw the deaths of five others. "Both of the militants (Mujahideen) who had stormed the complex h
Published 25 Feb, 2005 12:00am
Suicide car bomb kills 12 in Iraq

Suicide car bomb kills 12 in Iraq

A suicide car bomber killed 12 people on Thursday, underlining Iraq's dire security challenges, while a Kurdish politician spelt out demands that could complicate the formation of the country's new government. A man dressed in a police uniform drove his c
Published 25 Feb, 2005 12:00am
Substantive progress on gas pipeline: Shaukat

Substantive progress on gas pipeline: Shaukat

Prime Minister Shaukat Aziz on Thursday said substantive progress had been made on the gas pipeline project with Iran and petroleum ministers of the two countries would meet next month to work out the technical details. The Prime Minister was talking to n
Published 25 Feb, 2005 12:00am
Substantive progress on gas pipeline: Shaukat

Substantive progress on gas pipeline: Shaukat

Prime Minister Shaukat Aziz on Thursday said substantive progress had been made on the gas pipeline project with Iran and petroleum ministers of the two countries would meet next month to work out the technical details. The Prime Minister was talking to n
Published 25 Feb, 2005 12:00am
Substantive progress on gas pipeline: Shaukat

Substantive progress on gas pipeline: Shaukat

Prime Minister Shaukat Aziz on Thursday said substantive progress had been made on the gas pipeline project with Iran and petroleum ministers of the two countries would meet next month to work out the technical details. The Prime Minister was talking to n
Published 25 Feb, 2005 12:00am
Telekom Malaysia's fourth quarter net profit jumps 65 percent

Telekom Malaysia's fourth quarter net profit jumps 65 percent

Telekom Malaysia Bhd, the country's most valuable phone firm, reported a 65 percent jump in quarterly earnings on Thursday, driven by higher mobile-phone revenues and a windfall from an asset sale. But the state-controlled firm fell just short of the mark
Published 25 Feb, 2005 12:00am
Telekom Malaysia's fourth quarter net profit jumps 65 percent

Telekom Malaysia's fourth quarter net profit jumps 65 percent

Telekom Malaysia Bhd, the country's most valuable phone firm, reported a 65 percent jump in quarterly earnings on Thursday, driven by higher mobile-phone revenues and a windfall from an asset sale. But the state-controlled firm fell just short of the mark
Published 25 Feb, 2005 12:00am
Khushhali Bank gets A-, A1 ratings

Khushhali Bank gets A-, A1 ratings

The JCR-VIS Credit Rating Company has assigned a medium- to long-term entity rating of A- (single A minus) with a positive outlook to Khushhali Bank (KB), while the short-term rating assigned A1 (A One). The Khushhali Bank was established in August 2000 u
Published 25 Feb, 2005 12:00am
Khushhali Bank gets A-, A1 ratings

Khushhali Bank gets A-, A1 ratings

The JCR-VIS Credit Rating Company has assigned a medium- to long-term entity rating of A- (single A minus) with a positive outlook to Khushhali Bank (KB), while the short-term rating assigned A1 (A One). The Khushhali Bank was established in August 2000 u
Published 25 Feb, 2005 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (February 24, 2005).

Published 25 Feb, 2005 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (February 24, 2005).
Published 25 Feb, 2005 12:00am
Cut in export duty on wet-blue leather under study

Cut in export duty on wet-blue leather under study

The government is considering to slap export duty on wet-blue leather whose prices according to leather manufactures have increased due to fluent export, well-placed sources in the Central Board of Revenue (CBR) told Business Recorder. "The Commerc
Published 25 Feb, 2005 12:00am
Cut in export duty on wet-blue leather under study

Cut in export duty on wet-blue leather under study

The government is considering to slap export duty on wet-blue leather whose prices according to leather manufactures have increased due to fluent export, well-placed sources in the Central Board of Revenue (CBR) told Business Recorder. "The Commerc
Published 25 Feb, 2005 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Thursday (February 24, 2005).

Published 25 Feb, 2005 12:00am
Cut in export duty on wet-blue leather under study

Cut in export duty on wet-blue leather under study

The government is considering to slap export duty on wet-blue leather whose prices according to leather manufactures have increased due to fluent export, well-placed sources in the Central Board of Revenue (CBR) told Business Recorder. "The Commerc
Published 25 Feb, 2005 12:00am
Parliament backs EU fight against trade scams

Parliament backs EU fight against trade scams

Trade scams such as fake prize draws, fraudulent Internet offers and pyramid promotional schemes will be outlawed across the 25-nation European Union under new rules passed by the European Parliament on Thursday. In a bid to crack down on unfair and misle
Published 25 Feb, 2005 12:00am
Defence cooperation discussed with Spain

Defence cooperation discussed with Spain

Pakistan and Spain on Thursday agreed to increase co-operation particularly in the field of defence. This was discussed during a meeting between the Senior Federal Minister and Minister for Defence, Rao Sikandar Iqbal, and Spanish Defence Minister Bono, i
Published 25 Feb, 2005 12:00am
Traders to be educated about sales tax returns filing

Traders to be educated about sales tax returns filing

The sales tax officials would shortly visit the business premises of newly registered people in all the leading markets and trade centers to educate them about the sales tax registration process. The exercise will simultaneously start in all major cities
Published 25 Feb, 2005 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Thursday (February 24, 2005).

Published 25 Feb, 2005 12:00am
Traders to be educated about sales tax returns filing

Traders to be educated about sales tax returns filing

The sales tax officials would shortly visit the business premises of newly registered people in all the leading markets and trade centers to educate them about the sales tax registration process. The exercise will simultaneously start in all major cities
Published 25 Feb, 2005 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Thursday (February 24, 2005).

Published 25 Feb, 2005 12:00am
China to tighten bank scrutiny after BOC scandal

China to tighten bank scrutiny after BOC scandal

China's bank regulator has pledged to step up supervision of the country's smaller lenders following the Bank of China scandal that sounded official alarm bells. State media reported last month that the manager of a Bank of China sub branch in the north-e
Published 25 Feb, 2005 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Thursday (February 24, 2005).

Published 25 Feb, 2005 12:00am
India shows cautious interest in gas line

India shows cautious interest in gas line

India is interested in a proposed gas pipeline from Turkmenistan through Afghanistan and Pakistan, an official said on Thursday, but progress is likely to hinge on Pakistan's ability to ensure its security. The Indian comment came as President Pervez Mush
Published 25 Feb, 2005 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm
Published 25 Feb, 2005 12:00am
''Corporate credit rating raised by 300 percent''

''Corporate credit rating raised by 300 percent''

The corporate credit rating has increased by 300 percent and about 12 corporate companies are in the process of being rated this year as compared to only four ratings issued last year. This was stated by Securities and Exchange Commission of Pakistan (SEC
Published 25 Feb, 2005 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 25 Feb, 2005 12:00am
'Corporate credit rating raised by 300 percent'

'Corporate credit rating raised by 300 percent'

The corporate credit rating has increased by 300 percent and about 12 corporate companies are in the process of being rated this year as compared to only four ratings issued last year. This was stated by Securities and Exchange Commission of Pakistan (SEC
Published 25 Feb, 2005 12:00am
'Corporate credit rating raised by 300 percent'

'Corporate credit rating raised by 300 percent'

The corporate credit rating has increased by 300 percent and about 12 corporate companies are in the process of being rated this year as compared to only four ratings issued last year. This was stated by Securities and Exchange Commission of Pakistan (SEC
Published 25 Feb, 2005 12:00am
Ukraine sunoil exports down

Ukraine sunoil exports down

Ukraine has cut sunoil exports through its seaports to 13,900 tonnes so far in February, off 45 percent compared with the same period last month, analysts said on Thursday. The ProAgro agriculture consultancy, quoting data from ports, said the country exp
Published 25 Feb, 2005 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (February 24, 2005).

Published 25 Feb, 2005 12:00am
Sri Lankan tea prices fall

Sri Lankan tea prices fall

Prices of Sri Lanka teas were lower at the latest auction this week, with the majority going unsold due to a drop in quality triggered by dry weather, brokers said. The estimated gross sales average from the auction on Tuesday and Wednesday was 190.00 rup
Published 25 Feb, 2005 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (February 24, 2005).

Published 25 Feb, 2005 12:00am
Singapore bunker fuel prices firmer

Singapore bunker fuel prices firmer

Singapore bunker prices stayed firm on Thursday, despite higher fuel oil cargo values as suppliers slashed offers to spur demand. Bunker fuel oil of 380-centistoke (cst) grade was pegged at $204-$206 a tonne, unchanged from the previous trading day, narro
Published 25 Feb, 2005 12:00am
Actelion swings to net profit; sales seen rising

Actelion swings to net profit; sales seen rising

Swiss biotech company Actelion beat market expectations as it swung to a full-year net profit for 2004 and the firm said on Thursday it expected sales growth to continue despite competition for its key drug. Actelion almost doubled its original peak sales
Published 25 Feb, 2005 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 87,043 tonnes of cargo including 45,208 tonnes import and 41,835 tonnes export cargo, during last 24 hours ending at 0700 hours on Thursday. The cargo comprised of 52,162 tonnes dry cargo including 44,372 tonnes general cargo; 1,8
Published 25 Feb, 2005 12:00am
Actelion swings to net profit; sales seen rising

Actelion swings to net profit; sales seen rising

Swiss biotech company Actelion beat market expectations as it swung to a full-year net profit for 2004 and the firm said on Thursday it expected sales growth to continue despite competition for its key drug. Actelion almost doubled its original peak sales
Published 25 Feb, 2005 12:00am
HRW wheat lower

HRW wheat lower

Hard red winter wheat spot basis bids in the US Plains were steady to lower on Thursday, falling off after strength in the futures market prompted increased sales out of the country, merchandisers said. The basis in Hutchinson, Kansas, was 6 cents a bushe
Published 25 Feb, 2005 12:00am
ISE index gains 80.07 points

ISE index gains 80.07 points

Genuine traders and market players injected fresh investment at the Islamabad Stock Exchange (ISE) where bulls commanded the proceedings amid the increase in index. ISE network index showed an increase of 80.07 points as the rate-based indicator moved fro
Published 25 Feb, 2005 12:00am
Indian gold, silver futures rise; sugar flat

Indian gold, silver futures rise; sugar flat

Indian gold and silver futures climbed for a third day in a row on Thursday, but soyabean dropped on profit-taking, brokers said. Sugar futures were flat. April gold on the Multi Commodity Exchange (MCX) was traded at 6,231 rupees ($142.6) per 10 grams, u
Published 25 Feb, 2005 12:00am
ISE index gains 80.07 points

ISE index gains 80.07 points

Genuine traders and market players injected fresh investment at the Islamabad Stock Exchange (ISE) where bulls commanded the proceedings amid the increase in index. ISE network index showed an increase of 80.07 points as the rate-based indicator moved fro
Published 25 Feb, 2005 12:00am
Manila allows private firms to buy rice

Manila allows private firms to buy rice

The Philippines, one of Asia's largest rice importers, said on Thursday it will allow farmers' groups and private companies to buy 200,000 tonnes of rice no later than August 15. "Some 150,000 tonnes were allocated to farmers' groups and another 50,000 to
Published 25 Feb, 2005 12:00am
Wal-Mart's New York store plan hits snag

Wal-Mart's New York store plan hits snag

A push for the first Wal-Mart store in New York City has hit a snag as a large real estate developer has ditched plans to include the giant discounter's outlet in a Queens shopping complex, the New York Times reported on Thursday. The decision by Vornado
Published 25 Feb, 2005 12:00am
Plastic mouldings prices mixed

Plastic mouldings prices mixed

The plastic mouldings moved both ways on Jodia Bazar on Thursday. The following changes were noted in the HDPE film Saudia 952 up 50 paisa to Rs 41.25, Mobil up 50 paisa to Rs 41.25, TR144 down 25 paisa to Rs 40.25, HDPE injection Sabic 200056 up 50 paisa
Published 25 Feb, 2005 12:00am
Bulls-run continues on LSE

Bulls-run continues on LSE

With key support from OGDC, share prices maintained the rising tempo on the Lahore Stock Exchange (LSE) on Thursday, while the index crossed 4200 points level, amid volatile trading. The LSE-25 index closed at 4221.22 points as against 4153.23 points of W
Published 25 Feb, 2005 12:00am
Guwar, wheat and gur make gains

Guwar, wheat and gur make gains

A few changes were witnessed on the grain markets on Thursday as fresh buying was limited to meet the near-term requirements, dealers said. On the cereals side, guwar inferior type gained Rs 100 to Rs 1700 and the best type picked up Rs 75 to Rs 1775 for
Published 25 Feb, 2005 12:00am
Bulls-run continues on LSE

Bulls-run continues on LSE

With key support from OGDC, share prices maintained the rising tempo on the Lahore Stock Exchange (LSE) on Thursday, while the index crossed 4200 points level, amid volatile trading. The LSE-25 index closed at 4221.22 points as against 4153.23 points of W
Published 25 Feb, 2005 12:00am
Thailand sees rice prices to fall

Thailand sees rice prices to fall

Thai rice prices are expected to dip over the next week as domestic supplies improve and overseas demand remains weak, traders said on Thursday. Thai 100 percent grade B dropped 1.7 percent to $295 on a free-on-board basis, which excludes freight costs, o
Published 25 Feb, 2005 12:00am
Malaysia should drop currency peg: think-tank

Malaysia should drop currency peg: think-tank

Malaysia should take advantage of strong economic conditions and drop the ringgit's fixed exchange rate against the dollar, the head of a respected economic think-tank said on Thursday. Mohamed Ariff, executive director of the Malaysian Institute of Econo
Published 25 Feb, 2005 12:00am
Oil cake market rates

Oil cake market rates

Prices minor variations on the forward cottonseeds oilcake market as buyers were active to cover their immediate requirements, dealers said. The March vaida opened with 50 paisa gain at Rs 432.50 and that proved to be day's bottom at the same level.In the
Published 25 Feb, 2005 12:00am
PTCL posts Rs 14.523 billion profit

PTCL posts Rs 14.523 billion profit

The PTCL has announced half yearly results and posted higher profit than the previous half year, while for the first time the company would pay interim dividend. The meeting of the Board of Directors held on Thursday, and it recommended an interim dividen
Published 25 Feb, 2005 12:00am
Cotton spot price again raised by Rs 25

Cotton spot price again raised by Rs 25

Mills' demand pushed prices higher on the cotton market on Thursday, dealers said. After maintaining a stable trend for several days the official spot rate was appreciated by Rs 25 to Rs 2200, without upcountry expenses. The phutti prices again rose by Rs
Published 25 Feb, 2005 12:00am
PTCL posts Rs 14.523 billion profit

PTCL posts Rs 14.523 billion profit

The PTCL has announced half yearly results and posted higher profit than the previous half year, while for the first time the company would pay interim dividend. The meeting of the Board of Directors held on Thursday, and it recommended an interim dividen
Published 25 Feb, 2005 12:00am
Cotton prices keep climbing

Cotton prices keep climbing

Cotton prices kept their upward climb with possibility of further tightness and escalation to new levels in the forthcoming weeks. Increasing consumption in the home market, diminishing domestic supplies and higher advice for most of last week from the Ne
Published 25 Feb, 2005 12:00am
PTCL posts Rs 14.523 billion profit

PTCL posts Rs 14.523 billion profit

The PTCL has announced half yearly results and posted higher profit than the previous half year, while for the first time the company would pay interim dividend. The meeting of the Board of Directors held on Thursday, and it recommended an interim dividen
Published 25 Feb, 2005 12:00am
Cotton prices keep climbing

Cotton prices keep climbing

Cotton prices kept their upward climb with possibility of further tightness and escalation to new levels in the forthcoming weeks. Increasing consumption in the home market, diminishing domestic supplies and higher advice for most of last week from the Ne
Published 25 Feb, 2005 12:00am
CAA raises embarkation fee

CAA raises embarkation fee

The embarkation fee for the international and domestic sectors has been increased by the Civil Aviation Administration (CAA). According to a CAA circular sent to all the airlines, government of Pakistan has approved the enhancement of embarkation fee, eff
Published 25 Feb, 2005 12:00am
Cheap maize may hit southern Africa informal trade

Cheap maize may hit southern Africa informal trade

Cheap global maize prices could lower the price of formal maize imports in southern Africa, leading to a decline in informal cross-border imports, a famine monitoring report said on Wednesday. A record crop in the United States and good output from other
Published 25 Feb, 2005 12:00am
CAA raises embarkation fee

CAA raises embarkation fee

The embarkation fee for the international and domestic sectors has been increased by the Civil Aviation Administration (CAA). According to a CAA circular sent to all the airlines, government of Pakistan has approved the enhancement of embarkation fee, eff
Published 25 Feb, 2005 12:00am
Vietnam seen bagging bulk of Philippine rice order

Vietnam seen bagging bulk of Philippine rice order

Vietnam, the world's second largest shipper of rice, is likely to corner a big share of the 500,000 tonnes of rice being sought by the Philippines next week, traders said on Thursday. They said Vietnam had a bigger chance of winning a larger volume due to
Published 25 Feb, 2005 12:00am
1965 war saved me from court martial: Musharraf

1965 war saved me from court martial: Musharraf

Only war with India in 1965 saved Pakistan's President Pervez Musharraf from being court martialed. This story of an early brush with authority is how Musharraf opens an account of his personal and professional life in a letter posted on an official websi
Published 25 Feb, 2005 12:00am
Cotton stocks

Cotton stocks

Certificated cotton stocks deliverable against New York Board of Trade's No 2 cotton futures contract as of February 22 totalled 126,351 (480-lb) bales, from 115,239 bales the previous session. There were 5,702 bales issued, 13,898 bales awaiting review a
Published 25 Feb, 2005 12:00am
1965 war saved me from court martial: Musharraf

1965 war saved me from court martial: Musharraf

Only war with India in 1965 saved Pakistan's President Pervez Musharraf from being court martialed. This story of an early brush with authority is how Musharraf opens an account of his personal and professional life in a letter posted on an official websi
Published 25 Feb, 2005 12:00am
US Census sets early release of soya crush data

US Census sets early release of soya crush data

The US Census Bureau said it will issue its monthly soybean crushing data after 4:15 pm EST (1915 GMT) on Wednesday, one day earlier than scheduled because of an expected snowstorm in Washington on Thursday. The soy crushing data for January 2005 had been
Published 25 Feb, 2005 12:00am
KSE index gains 72.33 points

KSE index gains 72.33 points

The stock prices on Thursday showed erratic movement as bulls and bears tried to control the proceedings, though the market ended with a gain of 72 points, but losers have a clear edge over gainers. The KSE-100 index showed a gain of 72.33 points, or 0.88
Published 25 Feb, 2005 12:00am
USDA offers $92 million in food aid to 12 nations

USDA offers $92 million in food aid to 12 nations

The US Agriculture Department this week announced $92.1 million in food assistance to 12 countries for fiscal year 2005, which began October 1. The assistance includes $47.1 million in subsidised food sales to Honduras, Pakistan, the Philippines and seven
Published 25 Feb, 2005 12:00am
KSE index gains 72.33 points

KSE index gains 72.33 points

The stock prices on Thursday showed erratic movement as bulls and bears tried to control the proceedings, though the market ended with a gain of 72 points, but losers have a clear edge over gainers. The KSE-100 index showed a gain of 72.33 points, or 0.88
Published 25 Feb, 2005 12:00am
New York coffee futures hit five-year high

New York coffee futures hit five-year high

Coffee prices rallied to five-year highs on Wednesday as the prospect of a supply shortage this year encouraged heavy speculative buying by commodity investment funds. Gold prices climbed to new highs for the year as the dollar struggled to gain ground ag
Published 25 Feb, 2005 12:00am
KSE index gains 72.33 points

KSE index gains 72.33 points

The stock prices on Thursday showed erratic movement as bulls and bears tried to control the proceedings, though the market ended with a gain of 72 points, but losers have a clear edge over gainers. The KSE-100 index showed a gain of 72.33 points, or 0.88
Published 25 Feb, 2005 12:00am
Erratic weather bothersome for US SRW wheat

Erratic weather bothersome for US SRW wheat

Fluctuating temperatures this winter might have caused more of the soft red winter (SRW) crop than normal, crop experts said this week. "It's been very cold, very warm, then very cold again, and that combined with above-normal precipitation suggests a pot
Published 25 Feb, 2005 12:00am
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