Weekly EHTASABI AMAL Lahore ھفت روذھ احتسابی عمل لاھور

KARACHI: Stocks at the local capital market ended on a seven-and-a-half month high on Friday, and in healthy turnover, led by Engro Corp after it announced a higher than expected full year result, dealers said. Engro Corp announced on Thursday a 19 percent increase in its net profit for 2011 at 8.1 billion rupees ($89.31 million), compared with a net profit of 6.8 billion rupees in 2010. It also announced a final cash dividend of 2 rupees per share which brought the cumulative dividend for year ending Dec. 31 at 6 rupees per shares and a 30 percent bonus. The Karachi Stock Exchange (KSE) benchmark 100-share index rose 0.74 percent, or 91.44 points, to end at 12,495.68 points, its highest close since July 6, 2011. Turnover climbed to 233.2 million shares, compared with 205.56 million shares traded on Thursday. "The rally today was led by Engro Corp's excellent payout, which triggered buying in all the leading shares," said Samar Iqbal, a dealer at Topline Securities Ltd. E...

LAHORE:  The Lahore High Court has sought a progress report from the Crime Investigation Agency by February 28 in a petition seeking registration of murder cases against the responsible for the Multan Road medicine factory blast. In Friday’s hearing, a law officer told the court that the CIA has been entrusted to investigate and fix responsibility for the incident.

This photograph taken on October 29, 2011 shows an interior view of the Shahi Hamam (Royal bath) built during Mughal era in the walled city of Lahore. PHOTO: AFP

LAHORE:  The Punjab Police on Saturday formed a high level committee to safely recover two foreign aid workers who had been abducted from their residential complex in Western Fort colony, Multan on Thursday. The committee formed on the directions of Inspector General of Punjab Police, Javed Iqbal, will be headed by SSP Operations Multan Azhar Ikram and includes SP Counter Terrorism Department (CTD) Karamatullah Malik, SP Investigation Liaqat Cheema, SP Cantt Shahzad Asif and SP Special Branch Qayyum Qaiserani. Earlier, IG Punjab along with the Punjab Home Secretary Shahid Khan, Additional IG CTD Mushtaq Ahmad Sukhera, RPO Multan Mubarak Ali Athar, CPO Multan Mohammad Amir Zulfiqar Khan, DPO Muzzafargarh Munir Ahmad Zia Rao, Commissioner Multan, Khurram Ali Agha, DCO Multan Zahid Akhtar Zaman and investigation experts visited the crime scene. Later, the IGP presided over a high level meeting at the office of RPO Multan where a strategy for the immediate recovery of the abducted aid...

LAHORE, Pakistan - Pakistan health authorities have launched an investigation into the deaths of 23 heart patients in one city, suspected to be caused by a problem batch of drugs, officials said Sunday. "Since December 15, at least 23 heart patients have died in Lahore. It could be reaction of heart medicines," the head of the investigation committee, Doctor Javed Akram, told AFP. "At present 110 heart patients are admitted in various hospitals of Lahore and the condition of 50 of them is critical. We have withdrawn the suspected medicines and sent samples for tests." Akram said the committee would investigate the deaths of heart patients which occurred due to a sudden drop in white blood cells, platelets and bone marrow damage. "The problem seems to be with just one batch of medicines provided to the Punjab Institute of Cardiology and that has been sealed," Akram said. Health officials said a centralised data collection centre has been set up to compile ...

ISLAMABAD: By virtue of prevailing situation of the country, some apprehensions have arisen about the appearance of Mansoor Ijaz before Judicial commission on 24 instant. It might be possible that Mansoor Ijaz’s proposed visit to Pakistan might be postponed due to security reasons after the statements of the government as well as US Embassy in this regard. Before this, some of his close friends advised him for not contacting the travel agents directly as there might be some security threats for him in Pakistan. He was also advised to only record his statement before the judicial commission. The US Embassy also said that it would not be responsible for Mansoor’s security because he would travel as an ordinary US citizen after that some worries is found, whereas the government sources are also quiet on the issue. They said that government did not invite him and he would come to the country as US citizen. Interior minister Rehman Malik said that neither government nor ISI would provide h...

ISLAMABAD — Pakistan may invite US military trainers back “as early as April or May” but it has ruled out allowing US drones into the country again, Geo News reported citing US media. Relations between the two countries have been at an all-time low since 24 Pakistani soldiers were killed in a Nato aerial attack last November. The Pakistan parliament, the report said, is reviewing the nature of its relationship with the US, and the politicians are expected Jan 30 to deliver a list of conditions for cooperation in the fight against terror to resume. The stipulations will include no covert CIA or military operations on the ground in Pakistan and no unauthorised incursions into its airspace, it added. Drones, which are the biggest weapon the US has against militants hiding in the tribal belt along the Afghanistan-Pakistan border, “can never return”, a senior Pakistani official told the Fox News channel. “They will never be allowed back, at Shamsi (airbase) or anywhere else,” the official ...