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Print - 2010-08-28
THE RUPEE: marginal changes

THE RUPEE: marginal changes

Firmness prevailed on the currency market on Friday as the rupee showed steady trend versus dollar, dealers said.
Published 28 Aug, 2010 12:00am
US aid chief says threatened in Sukkur

US aid chief says threatened in Sukkur

The US aid chief said Friday he faced a threat when visiting a relief camp in flood-hit Pakistan but pledged that extremists would not deter assistance. Rajiv Shah, administrator of the US Agency for International Development, said he quickly exited the c
Published 28 Aug, 2010 12:00am
Advocate throws shoe at judge

Advocate throws shoe at judge

The humiliating gesture of hurling a shoe at a judge by a young advocate during the hearing of a case here sent all the judges on strike on Friday. According to advocate Asghar Ali Gujjar, Additional Sessions Judge Malik Mobeen Ahmed was hearing a case of
Published 28 Aug, 2010 12:00am
Jalal Hassan posted as director PDMA

Jalal Hassan posted as director PDMA

Director Chamber/Foreign Interface, Punjab Board of Investment and Trade (PBIT), Jalal Hassan has been transferred and posted as Director (Planning), Provincial Disaster Management Authority (PDMA) on deputation basis, against a vacant post. Notification
Published 28 Aug, 2010 12:00am
Salzburg gala raises 300,000 euros

Salzburg gala raises 300,000 euros

Salzburg's exclusive summer music festival raised 300,000 euros in aid for Pakistan's flood victims at a star-studded benefit gala, organisers said Friday. The Russian superstar soprano, Anna Netrebko, headlined the special fundraiser held Thursday night
Published 28 Aug, 2010 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (August 27, 2010).

Published 28 Aug, 2010 12:00am
Power shortfall reduces to nil?

Power shortfall reduces to nil?

Power shortfall reduced to nil during last 24 hours putting demand and supply parallel to 13836MW. Pakistan Electric Power Company (Pepco) sources said power generation through hydel was recorded at 6426MW, followed by 2250MW through thermal, 5098MW throu
Published 28 Aug, 2010 12:00am
Power shortfall reduces to nil?

Power shortfall reduces to nil?

Power shortfall reduced to nil during last 24 hours putting demand and supply parallel to 13836MW. Pakistan Electric Power Company (Pepco) sources said power generation through hydel was recorded at 6426MW, followed by 2250MW through thermal, 5098MW throu
Published 28 Aug, 2010 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 28 Aug, 2010 12:00am
Power shortfall reduces to nil?

Power shortfall reduces to nil?

Power shortfall reduced to nil during last 24 hours putting demand and supply parallel to 13836MW. Pakistan Electric Power Company (Pepco) sources said power generation through hydel was recorded at 6426MW, followed by 2250MW through thermal, 5098MW throu
Published 28 Aug, 2010 12:00am
Board meetings in progress

Board meetings in progress

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

Published 28 Aug, 2010 12:00am
PTCL profit in fiscal year 2010 increases to Rs 9.294 billion

PTCL profit in fiscal year 2010 increases to Rs 9.294 billion

The profit after tax of Pakistan Tele-communication Company Limited (PTCL) increased to Rs 9.294 billion in the year ended June 30, 2010 (FY10) as compared to Rs 9.151 earned in FY09. The board of directors of the company in its meeting held Thursday decl
Published 28 Aug, 2010 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 28 Aug, 2010 12:00am
PTCL profit in fiscal year 2010 increases to Rs 9.294 billion

PTCL profit in fiscal year 2010 increases to Rs 9.294 billion

The profit after tax of Pakistan Tele-communication Company Limited (PTCL) increased to Rs 9.294 billion in the year ended June 30, 2010 (FY10) as compared to Rs 9.151 earned in FY09. The board of directors of the company in its meeting held Thursday decl
Published 28 Aug, 2010 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 28 Aug, 2010 12:00am
PTCL profit in fiscal year 2010 increases to Rs 9.294 billion

PTCL profit in fiscal year 2010 increases to Rs 9.294 billion

The profit after tax of Pakistan Tele-communication Company Limited (PTCL) increased to Rs 9.294 billion in the year ended June 30, 2010 (FY10) as compared to Rs 9.151 earned in FY09. The board of directors of the company in its meeting held Thursday decl
Published 28 Aug, 2010 12:00am
PTCL profit in fiscal year 2010 increases to Rs 9.294 billion

PTCL profit in fiscal year 2010 increases to Rs 9.294 billion

The profit after tax of Pakistan Tele-communication Company Limited (PTCL) increased to Rs 9.294 billion in the year ended June 30, 2010 (FY10) as compared to Rs 9.151 earned in FY09. The board of directors of the company in its meeting held Thursday decl
Published 28 Aug, 2010 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 28 Aug, 2010 12:00am
SECP includes CCP proposal in CCG draft

SECP includes CCP proposal in CCG draft

On the policy note issued by the Competition Commission of Pakistan (CCP), the Securities and Exchange Commission of Pakistan (SECP) has incorporated the amendment in the revised draft of the Code of Corporate Governance. Under the amendment made in the C
Published 28 Aug, 2010 12:00am
SECP includes CCP proposal in CCG draft

SECP includes CCP proposal in CCG draft

On the policy note issued by the Competition Commission of Pakistan (CCP), the Securities and Exchange Commission of Pakistan (SECP) has incorporated the amendment in the revised draft of the Code of Corporate Governance. Under the amendment made in the C
Published 28 Aug, 2010 12:00am
SECP includes CCP proposal in CCG draft

SECP includes CCP proposal in CCG draft

On the policy note issued by the Competition Commission of Pakistan (CCP), the Securities and Exchange Commission of Pakistan (SECP) has incorporated the amendment in the revised draft of the Code of Corporate Governance. Under the amendment made in the C
Published 28 Aug, 2010 12:00am
Distributors propose reduction in income tax to 0.1 percent

Distributors propose reduction in income tax to 0.1 percent

The distributors belonging to different sectors have proposed comprehensive amendments in the Income Tax Ordinance 2001 for imposition of reduced rate of 0.1 percent minimum tax on distributors'' community. It is learnt that the Federal Board of Revenue (
Published 28 Aug, 2010 12:00am
Distributors propose reduction in income tax to 0.1 percent

Distributors propose reduction in income tax to 0.1 percent

The distributors belonging to different sectors have proposed comprehensive amendments in the Income Tax Ordinance 2001 for imposition of reduced rate of 0.1 percent minimum tax on distributors' community. It is learnt that the Federal Board of Revenue (F
Published 28 Aug, 2010 12:00am
Distributors propose reduction in income tax to 0.1 percent

Distributors propose reduction in income tax to 0.1 percent

The distributors belonging to different sectors have proposed comprehensive amendments in the Income Tax Ordinance 2001 for imposition of reduced rate of 0.1 percent minimum tax on distributors' community. It is learnt that the Federal Board of Revenue (F
Published 28 Aug, 2010 12:00am
Essential items'' prices rise further

Essential items'' prices rise further

The prices of daily use items especially milk, pulses and ghee/cooking oil rose yet again during past week, according to a survey conducted by Business Recorder. Traders increased the prices of important pulses especially moong and gram by Rs 20 an
Published 28 Aug, 2010 12:00am
Essential items' prices rise further

Essential items' prices rise further

The prices of daily use items especially milk, pulses and ghee/cooking oil rose yet again during past week, according to a survey conducted by Business Recorder. Traders increased the prices of important pulses especially moong and gram by Rs 20 an
Published 28 Aug, 2010 12:00am
Essential items' prices rise further

Essential items' prices rise further

The prices of daily use items especially milk, pulses and ghee/cooking oil rose yet again during past week, according to a survey conducted by Business Recorder. Traders increased the prices of important pulses especially moong and gram by Rs 20 an
Published 28 Aug, 2010 12:00am
KESC''''s loss after tax drops to Rs 14.641 billion

KESC''''s loss after tax drops to Rs 14.641 billion

The loss after tax of Karachi Electric Supply Company (KESC) has declined to Rs 14.641 billion in the year ended June 30, 2010 (FY10) as compared to Rs 15.484 billion in the same period in FY09. The company''''s loss per basic share stood at Re 0.74 in th
Published 28 Aug, 2010 12:00am
KESC''s loss after tax drops to Rs 14.641 billion

KESC''s loss after tax drops to Rs 14.641 billion

The loss after tax of Karachi Electric Supply Company (KESC) has declined to Rs 14.641 billion in the year ended June 30, 2010 (FY10) as compared to Rs 15.484 billion in the same period in FY09. The company''s loss per basic share stood at Re 0.74 in the
Published 28 Aug, 2010 12:00am
KESC's loss after tax drops to Rs 14.641 billion

KESC's loss after tax drops to Rs 14.641 billion

The loss after tax of Karachi Electric Supply Company (KESC) has declined to Rs 14.641 billion in the year ended June 30, 2010 (FY10) as compared to Rs 15.484 billion in the same period in FY09. The company's loss per basic share stood at Re 0.74 in the p
Published 28 Aug, 2010 12:00am
KESC's loss after tax drops to Rs 14.641 billion

KESC's loss after tax drops to Rs 14.641 billion

The loss after tax of Karachi Electric Supply Company (KESC) has declined to Rs 14.641 billion in the year ended June 30, 2010 (FY10) as compared to Rs 15.484 billion in the same period in FY09. The company's loss per basic share stood at Re 0.74 in the p
Published 28 Aug, 2010 12:00am
Reviewing protocols: MoC hands over APTTA draft to FBR

Reviewing protocols: MoC hands over APTTA draft to FBR

The Ministry of Commerce has handed over the draft of the new Afghan Pakistan Transit Trade Agreement (APTTA) to the Federal Board of Revenue for reviewing the Customs related protocols under the proposed agreement. A senior FBR official told Business
Published 28 Aug, 2010 12:00am
Reviewing protocols: MoC hands over APTTA draft to FBR

Reviewing protocols: MoC hands over APTTA draft to FBR

The Ministry of Commerce has handed over the draft of the new Afghan Pakistan Transit Trade Agreement (APTTA) to the Federal Board of Revenue for reviewing the Customs related protocols under the proposed agreement. A senior FBR official told Business
Published 28 Aug, 2010 12:00am
Reviewing protocols: MoC hands over APTTA draft to FBR

Reviewing protocols: MoC hands over APTTA draft to FBR

The Ministry of Commerce has handed over the draft of the new Afghan Pakistan Transit Trade Agreement (APTTA) to the Federal Board of Revenue for reviewing the Customs related protocols under the proposed agreement. A senior FBR official told Business
Published 28 Aug, 2010 12:00am
Osama is a US agent: Fidel Castro

Osama is a US agent: Fidel Castro

Fidel Castro says al Qaida leader Osama bin Laden is a bought-and-paid-for CIA agent who always popped up when former President George W. Bush needed to scare the world, arguing that documents recently posted on the Internet prove it.
Published 28 Aug, 2010 12:00am
Osama is a US agent: Fidel Castro

Osama is a US agent: Fidel Castro

Fidel Castro says al Qaida leader Osama bin Laden is a bought-and-paid-for CIA agent who always popped up when former President George W. Bush needed to scare the world, arguing that documents recently posted on the Internet prove it.
Published 28 Aug, 2010 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (August 27, 2010).

Published 28 Aug, 2010 12:00am
India summons Chinese envoy over visa row

India summons Chinese envoy over visa row

India summoned China's ambassador on Friday to protest against the refusal of a visa to an Indian general from the held Kashmir, the latest spat between two Asian giants jostling for global influence and resources. A defence ministry source and some local
Published 28 Aug, 2010 12:00am
India summons Chinese envoy over visa row

India summons Chinese envoy over visa row

India summoned China's ambassador on Friday to protest against the refusal of a visa to an Indian general from the held Kashmir, the latest spat between two Asian giants jostling for global influence and resources. A defence ministry source and some local
Published 28 Aug, 2010 12:00am
Bearish sentiments dominate LSE

Bearish sentiments dominate LSE

Bearish sentiments dominated on the Lahore Stock Exchange (LSE) on Friday where equities registered declines amid sluggish trend because of the investors' conscious approach who remained on the sideline. The LSE-25 index marginally decreased by 1.14 point
Published 28 Aug, 2010 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (August 27, 2010).

Published 28 Aug, 2010 12:00am
Bearish sentiments dominate LSE

Bearish sentiments dominate LSE

Bearish sentiments dominated on the Lahore Stock Exchange (LSE) on Friday where equities registered declines amid sluggish trend because of the investors' conscious approach who remained on the sideline. The LSE-25 index marginally decreased by 1.14 point
Published 28 Aug, 2010 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (August 27, 2010).
Published 28 Aug, 2010 12:00am
Equities moved both ways on ISE

Equities moved both ways on ISE

Equities moved both ways at the Islamabad Stock Exchange (ISE) on Friday where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE-10 Index showed an improvement of 1.36 points from 2,440.11 to 2,441.47 points
Published 28 Aug, 2010 12:00am
Equities moved both ways on ISE

Equities moved both ways on ISE

Equities moved both ways at the Islamabad Stock Exchange (ISE) on Friday where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE-10 Index showed an improvement of 1.36 points from 2,440.11 to 2,441.47 points
Published 28 Aug, 2010 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 Friday (August 27, 2010).

Published 28 Aug, 2010 12:00am
Four militants killed in US drone strike

Four militants killed in US drone strike

A US drone strike Saturday killed four militants in Kurram, security officials said. The strike hit Shahidano village in Kurram tribal district, 100 kilometres (62 miles) south-west of Peshawar. "Four militants have been killed in this drone attack," a se
Published 28 Aug, 2010 12:00am
Pakistan to host donors' moot in late November: EU commission

Pakistan to host donors' moot in late November: EU commission

Pakistan is preparing to host an international donors' conference in late November to fund its post-floods reconstruction, the European Union's top humanitarian aid official said Friday. Floods that started with heavy monsoon rain in late July have submer
Published 28 Aug, 2010 12:00am
Eight villages inundated in Kasur as India releases water in Sutlej

Eight villages inundated in Kasur as India releases water in Sutlej

As many as eight villages of the Kasur District and standing crops over 35,000 acres of land inundated on Friday due to a release of 60 thousands cusecs water in the River Sutlej by India, Aaj TV reported. Quoting the Flood Warning Centre, the channel sai
Published 28 Aug, 2010 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 Friday (August 27, 2010).

Published 28 Aug, 2010 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 Friday (August 27, 2010).

Published 28 Aug, 2010 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 Friday (August 27, 2010).

Published 28 Aug, 2010 12:00am
Banking sector posts 33 percent profit in six months

Banking sector posts 33 percent profit in six months

After two years'' deceleration, banking sector profits posted a big increase of 33 percent during the first half of the current calendar year 2010. According to analyst, the profit of listed banking sector reached Rs 35.512 billion in first half of curren
Published 28 Aug, 2010 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 28 Aug, 2010 12:00am
Banking sector posts 33 percent profit in six months

Banking sector posts 33 percent profit in six months

After two years' deceleration, banking sector profits posted a big increase of 33 percent during the first half of the current calendar year 2010. According to analyst, the profit of listed banking sector reached Rs 35.512 billion in first half of current
Published 28 Aug, 2010 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 28 Aug, 2010 12:00am
Banking sector posts 33 percent profit in six months

Banking sector posts 33 percent profit in six months

After two years' deceleration, banking sector profits posted a big increase of 33 percent during the first half of the current calendar year 2010. According to analyst, the profit of listed banking sector reached Rs 35.512 billion in first half of current
Published 28 Aug, 2010 12:00am