| 12 February 2004 | Thursday | 20 Zilhaj 1424 |
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SBP ready to check rising inflation
KARACHI, Feb 11: With consumer inflation reaching at 3.38 per cent in the first seven months of this fiscal year the State Bank on Wednesday reinforced its earlier signal that interest rates have bottomed out. ... 
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Inflation jumps by 3.38pc in July-January
ISLAMABAD, Feb 11: Inflation denoted by Consumer Price Index (CPI) spiralled by 3.38 per cent in July-January 2003-04, according to the monthly review of price indices issued by the Federal Bureau of Statistics here on Wednesday. ...
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Pakistan may raise Eurobond size
ISLAMABAD, Feb 11: Pakistan on Wednesday hinted at increasing its five-year Eurobond size from the proposed $500 million and also issuing similar bonds every year from now on. ...
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Two banks in run to buy 51pc ABL shares
ISLAMABAD, Feb 11: Askari Commercial Bank and Kuwait Bank are separately negotiating with the State Bank of Pakistan to acquire 51 per cent shares of Allied Bank Limited. ...
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'Used car import to jeopardize investment'
KARACHI, Feb 11: The federal cabinet's decision approving import of second hand cars besides cutting import duty on completely built up (CBU) cars has caused a stir in the local automobile industry which thinks that these kind of approvals may put on hold many future ...
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SSGC offering: final list by 21st
ISLAMABAD, Feb 11: The last day of the secondary public offering of 5pc (33.56 million) of Sui Southern Gas Company (SSGC) shares witnessed enthusiastic response from the general public. According to a handout, during the three days of public subscription ...
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Reckitt Benckiser
KARACHI, Feb 11: Reckitt Benckiser Pakistan Limited announced on Tuesday that it would re-purchase a maximum of four million of its own shares at Rs90 per share. ...
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Textile manufactures' exports up 14.21pc
ISLAMABAD, Feb 11: Exports of textile manufactures surged by 14.21 per cent during the first seven months of 2003-04, as compared to the same period of previous year. ...
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Cotton market lacks lustre
KARACHI, Feb 11: The cotton market on Wednesday passed through a dull trading session as both the spinners and mills kept to the sidelines apparently awaiting the negative fall-out of limit-losses in New York futures contracts. ...
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Stocks fail to sustain overnight run-up
KARACHI, Feb 11: Stocks on Wednesday failed to sustain the overnight run-up as a section of investors took profits at the inflated levels to meet their immediate financial demands but there were buyers at the dips. ...
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