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Muhammad Ali

Markets

Budget 2019-20: Tax relief likely on import or lease of aircraft

The federal government is likely to exempt duty and taxes on the import or lease of aircraft in coming budget 2019-20; it was learnt. According to sources, the aviation division in its National Aviation Policy 2019 proposed to the government to exempt dut

Published 08 Jun, 2019 12:00am

SRO-52(1)/2019 flops: used car importers buy second-hand vehicles through auction

The used car importers have reportedly adopted new modus operandi to circumvent the requirements of SRO-52(1)/2019 and began importing second-hand vehicles in Pakistan through auction, it is learnt. The import of used vehicles had seen almost complete hal

Published 22 May, 2019 12:00am

SRO-52(1)/2019 flops: used car importers buy second-hand vehicles through auction

Published 22 May, 2019 12:00am

NAB forwards cases of Agha Siraj Durrani, PIA for approval

KARACHI: The National Accountability Bureau (NAB) on Tuesday decided to forward cases involving Speaker Sindh Assem

Updated 30 Apr, 2019 01:36pm

Business & Finance

Customs foil smuggling of 1.2kgs heroin at Karachi airport

Customs staff at Jinnah International Airport's International Departure successfully foiled on Tuesday an attempt of

Published 30 Apr, 2019 08:45am

Markets

NAP 2019: Aviation sector to get Rs 4 billion annual relief

The aviation sector will get annual relief up to Rs4 billion under New Aviation Policy (NAP), 2019, said secretary aviation. Speaking at a press briefing held at Pakistan Civil Aviation Authority (PCAA) headquarter, secretary aviation/DG PCAA Shahrukh Nus

Published 28 Apr, 2019 12:00am

Markets

NAP 2019: Aviation sector to get Rs 4 billion annual relief

Published 28 Apr, 2019 12:00am

Markets

NAP 2019: Aviation sector to get Rs 4 billion annual relief

Published 28 Apr, 2019 12:00am

PM's visit: Top businessmen to hold B2B meeting with Chinese tycoons

A high-powered business delegation will be holding B2B meeting with top Chinese counterparts during PM Imran Khan's visit to China between April 26 to 28, 2019.

Published 26 Apr, 2019 12:00am

Business & Finance

Customs destroys huge quantity of smuggled goods in Karachi

KARACHI: Pakistan Customs on Thursday destroyed huge quantity smuggled goods including narcotics, liquor and more at Gad

Published 25 Apr, 2019 01:06pm

FBR starts serving show-cause notices under Benami Act

The Federal Board of Revenue (FBR) has started serving show-cause notices under Benami Transaction (Prohibition), Act, 2017. According to sources, the Regional Tax Office (RTO)-II, Karachi has issued seven show-cause notices while Lahore and Islamabad tax

Published 21 Apr, 2019 12:00am

FBR starts serving show-cause notices under Benami Act

Published 21 Apr, 2019 12:00am

FBR starts serving show-cause notices under Benami Act

Published 21 Apr, 2019 12:00am

Fraudsters active in city pretending to be tax officials

A gang, pretending to be tax officials, is active in the city, harassing individuals and making attempts to fleece masses through fake income tax assessment orders. The issue was brought into notice when an individual namely Qamar-uz-Zaman, associated wit

Published 17 Apr, 2019 12:00am

Business & Finance

Soomro announces the ‘Road to Makkah initiative’ for Hajj 2019

ISLAMABAD: Federal Minister for Aviation and Privatisation Mohammad Mian Soomro announced the Road to Makkah initiative

Published 11 Apr, 2019 04:54pm

Settlement of over Rs 7 billion collection: FBR-Sindh government row set to worsen

A tug of war between federal and provincial tax authorities over the settlement of Rs. 7.054 billion is going to be exacerbated as the Federal Board of Revenue (FBR) has decided to take up 'collection charges' issue with Sindh government in upcoming meeti

Published 10 Apr, 2019 12:00am

'Rumble In Karachi' wrestling event to begin on April 28

Pro Wrestling Federation Pakistan (PWFP) is all set to host an exhilarating "Rumble In Pakistan" wrestling event in Karachi to be held on April 28, 2019 at Dreamworld Resort. Speaking at a press conference held at Dreamworld resort here on Sunday, Faraz G

Published 01 Apr, 2019 12:00am

Business & Finance

ASO thwart smuggling attempt of fake watches, glasses

KARACHI: Anti-Smuggling Organisation (ASO) of Model Custom Collectorate (MCC) on Wednesday thwart smuggling attempt of f

Updated 27 Mar, 2019 04:22pm

Business & Finance

1500 bags of banned Chinese Salt recovered from Karachi

KARACHI: Anti-Smuggling Organisation (ASO) of Model Custom Collectorate (MCC) on Wednesday raided a godown at Abdul Hasa

Published 27 Mar, 2019 02:13pm

Auto industry, importers of used-cars term government's decisions unfriendly

The ad-hoc decisions taken by the government for auto sector are considered 'unfriendly' by both local auto industry and used cars importers. "The government on one hand lifted the ban on non-filers to promote auto industry growth for increasing tax net a

Published 22 Mar, 2019 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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