Pedrosa wins ?crazy? German MotoGP

BERLIN: Spaniard Dani Pedrosa won the German MotoGP on Sunday to gain a little ground on world championship leader Jorge Lorenzo.

Honda rider P

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Pakistan Railways plans ?rationalisation? of train operations

Karachi

The Pakistan Railways (PR) has embarked upon an ?ambitious plan of rationalization? of train operation through better use of its a

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Trees ? the natural air-conditioners for the poor

Islamabad

With the majority of Islooites confining themselves to their air-conditioned rooms in extremely hot and humid weather prevailing thes

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?Adulteration in food a cognisable and non-bailable offence?

Karachi

Adulteration in food is a ?cognisable offence? under the Pure Food Ordinance (PFO), and hence an FIR should be lodged in cases of trans

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North happy after Lord?s haul

LONDON: Australia?s Marcus North is looking forward to returning to the scene of one of his greatest triumphs with the bat after turning in a stunning

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Nurse?s sister wants judicial inquiry into JPMC incident

Karachi

The family members of the nursing student, who was allegedly raped by a medico-legal officer at the Jinnah Postgraduate Medical Centre

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Pedrosa wins ?crazy? German MotoGP

BERLIN: Spaniard Dani Pedrosa won the German MotoGP on Sunday to gain a little ground on world championship leader Jorge Lorenzo.

Honda rider P

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?Malik should have replaced Afridi?

KARACHI: Former Pakistan coach Geoff Lawson feels Shoaib Malik should have replaced Shahid Afridi as skipper of the national cricket team instead of S

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Butt accepts Afridi?s resignation as Test captain

LAHORE: Chairman Pakistan Cricket Board (PCB) Ejaz Butt, accepting resignation of Test captain Pakistan cricket team Shahid Khan Afridi, has said the new captain will be decided after meeting to be held between players and PCB officials, Geo news reported.

After the dismal performance of Pakistan cricket team, which ended in 150-run defeat against Australia on Friday, the Test captain Shahid Afridi announced his retirement saying that 5-day format of cricket was not his game type.

Besides, he was also carrying side strain injury, said Afridi, ?So, I do not want to play Test cricket.?

?I may not play second Test?, he feared adding that, if fit, the second Test of this series will be my last one.

Later, taking to Geo news, Chairman PCB Ejaz Butt rebuffing Salman Butt being automatic choice of captainship following Afridi?s retirement, said new captain will be decided in board meeting.

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Local stocks end up; Index closes at 10,201 points

KARACHI: Stocks at Karachi Stock Exchange rose on thin trade on Monday amid hopes of strong corporate results while dealers said investors were waiting for the introduction of a leverage product in the market.

The Karachi Stock Exchange’’s benchmark 100-share index, ended 0.47 percent, or 48 points, higher at 10,201.85points on turnover of 67.79 million shares.

“Investors are accumulating selective shares on hopes of healthy profits but volumes will only increase once a leverage product is introduced,” said Sajid Bhanji, a dealer at Arif Habib Ltd.

Results for the year ending June 30 are due to be announced in the coming weeks.

Dealers said volume is likely to improve after the expected reintroduction of margin buying.

The Karachi Stock Exchange authorities and the Securities and Exchange Commission of Pakistan (SECP) met this month to discuss the reintroduction of margin buying and the KSE sentits recommendations to the SECP on Friday.

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