On the first day of the week, Islamabad Stock Exchange (ISE) registered increase of 19.56 points in overall network index that reached to level of 11,679.07 points from the last working day of 11,659.51 points. Overall turnover remained 2,046,000 shares a
With active buying support from fertilisers, cements and banking stocks, share prices increased on Lahore Stock Exchange (LSE), however, trade volume remained on the lower side.
With active buying support from fertilisers, cements and banking stocks, share prices increased on Lahore Stock Exchange (LSE), however, trade volume remained on the lower side.
Last half-hour buying in PTCL on Monday on rumour that Etisalat would soon release the remaining payment ignited the share market, helping the index to close above 8200 level.
Last half-hour buying in PTCL on Monday on rumour that Etisalat would soon release the remaining payment ignited the share market, helping the index to close above 8200 level.
Yields on the BMA-PGBI decreased by approximately 6 pps and its value increased by 0.05% to close at 98.4889. Yields increased in both the short and long tenors by approximately 1 basis points while they decreased by approximately 2 basis points among th
Last half-hour buying in PTCL on Monday on rumour that Etisalat would soon release the remaining payment ignited the share market, helping the index to close above 8200 level.
Yields on the BMA-PGBI decreased by approximately 6 pps and its value increased by 0.05% to close at 98.4889. Yields increased in both the short and long tenors by approximately 1 basis points while they decreased by approximately 2 basis points among th
AKD Investment Management Ltd has launched first of its kind mutual fund in Pakistan -- AKD Index Tracker Fund -- which would give access to hedging/diversifying investment tools used in all major global financial markets.
Yields on the BMA-PGBI decreased by approximately 6 pps and its value increased by 0.05% to close at 98.4889. Yields increased in both the short and long tenors by approximately 1 basis points while they decreased by approximately 2 basis points among th
AKD Investment Management Ltd has launched first of its kind mutual fund in Pakistan -- AKD Index Tracker Fund -- which would give access to hedging/diversifying investment tools used in all major global financial markets.
AKD Investment Management Ltd has launched first of its kind mutual fund in Pakistan -- AKD Index Tracker Fund -- which would give access to hedging/diversifying investment tools used in all major global financial markets.
AKD Investment Management Ltd has launched first of its kind mutual fund in Pakistan -- AKD Index Tracker Fund -- which would give access to hedging/diversifying investment tools used in all major global financial markets.
Privatisation and Investment Minister Dr Abdul Hafeez Sheikh said on Monday that regulator's tariff models should be acceptable to all stakeholders, and consumers be given right to purchase electricity from companies of their choice.
The government has dumped the proposals for establishment of 25 thermal power projects, of 3964 MW capacity, which would have cost $3 billion, due to non-availability of gas, official sources told Business Recorder.
The government has dumped the proposals for establishment of 25 thermal power projects, of 3964 MW capacity, which would have cost $3 billion, due to non-availability of gas, official sources told Business Recorder.
The government has dumped the proposals for establishment of 25 thermal power projects, of 3964 MW capacity, which would have cost $3 billion, due to non-availability of gas, official sources told Business Recorder.
The Foreign Office said on Monday that it had not received any official communication on President Pervez Musharraf's suggestion that sensitive points on Pak-Afghan border could be fenced to prevent undesirable crossings.
The Foreign Office said on Monday that it had not received any official communication on President Pervez Musharraf's suggestion that sensitive points on Pak-Afghan border could be fenced to prevent undesirable crossings.
The State Bank of Pakistan (SBP) has invited tenders for the sale of Treasury Bills (TBs). The pre-auction target is Rs 50 billion. The TBs of 3-months (maturity on December 22, 2005); 6-months (maturity on March 30, 2006); and 12-months (maturity on Sept
The State Bank of Pakistan (SBP) has invited tenders for the sale of Treasury Bills (TBs). The pre-auction target is Rs 50 billion. The TBs of 3-months (maturity on December 22, 2005); 6-months (maturity on March 30, 2006); and 12-months (maturity on Sept
The State Bank of Pakistan (SBP) has invited tenders for the sale of Treasury Bills (TBs). The pre-auction target is Rs 50 billion. The TBs of 3-months (maturity on December 22, 2005); 6-months (maturity on March 30, 2006); and 12-months (maturity on Sept
Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Monday (September 26, 2005).
The State Bank of Pakistan (SBP) has invited tenders for the sale of Treasury Bills (TBs). The pre-auction target is Rs 50 billion. The TBs of 3-months (maturity on December 22, 2005); 6-months (maturity on March 30, 2006); and 12-months (maturity on Sept
Pakistan and India will hold fresh talks on air and road links this week to strengthen their ongoing peace process, the foreign ministry said on Monday.
Pakistan and India will hold fresh talks on air and road links this week to strengthen their ongoing peace process, the foreign ministry said on Monday.
Pakistan and India will hold fresh talks on air and road links this week to strengthen their ongoing peace process, the foreign ministry said on Monday.
National Commodity Exchange Limited (NCEL) is expanding its market surveillance capabilities by building a completely automated market monitoring system which will use artificial intelligence as its primary referent.
National Commodity Exchange Limited (NCEL) is expanding its market surveillance capabilities by building a completely automated market monitoring system which will use artificial intelligence as its primary referent.
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
National Commodity Exchange Limited (NCEL) is expanding its market surveillance capabilities by building a completely automated market monitoring system which will use artificial intelligence as its primary referent.
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
Muttahida Qaumi Movement (MQM) chief Altaf Hussain said President General Pervez Musharraf is striving to make Pakistan powerful while opposition parties are just trying the opposite.
Political secretary to Sindh Chief Minister Abdul Ghaffar Qureshi has asked Leader of the Opposition in the Sindh Assembly Nisar Ahmed Khuhro to accept defeat of the Pakistan Peoples Party in the local body elections and acknowledge the Pakistan Muslim Le
Pakistan Muslim League President Chaudhry Shujaat Hussain along with Chaudhry Pervaiz Elahi, Chief Minister of Punjab and Dr Arbab Ghulam Rahim, Chief Minister of Sindh, called on Prime Minister Shaukat Aziz here at the Prime Minister House.
Management and staff of the National Bank of Pakistan paid rich tribute to Late Mirza Rafiq Baig, for his excellent services towards promotion of remarkable industrial peace in National Bank of Pakistan.
Tuberculosis (TB) is the single biggest infectious killer of women, as over 900 million women, mainly between the ages of 15-44 years, are infected with TB world-wide, out of whom one million will die and 2.5 million will get sick this year.
Low activity was seen on the forward cottonseed oilcake market as the buyers did not take interest in the fresh deals due to strong supply position, dealers said.
US ambassador Ryan C. Crocker has expressed his heart-felt appreciation and thanks to the people of Pakistan and the Pakistan Red Crescent Society (PRCS) for generous and gracious assistance provided by them for the victims of hurricane Katrina.
Frontier Corps (FC) officials on Monday seized huge cache of destructive weapons including six Stinger missiles, bombs and anti-tank mines in Mohmand Agency.
Fresh arrivals from upcountry centres prevented any sharp fluctuation on the grain market on Monday, dealers said. A few changes seen on the cereals side as the wheat Mexipak old and new both types shed rupees five to Rs 1090 and Rs 1100, respectively.
Frontier Corps (FC) officials on Monday seized huge cache of destructive weapons including six Stinger missiles, bombs and anti-tank mines in Mohmand Agency.
Malaysian exports of oil palm products for September 1 to 25 are estimated to have risen 12.4 percent to 1,021,894 tonnes from the 908,956 tonnes tracked for August 1 to 25, Society General de Surveillance, a cargo surveyor, said on Monday.
Advisor to prime minister on finance, economy and revenue Dr Salman Shah on Monday held a meeting with Robert Kimmitt, his counterpart at the Treasury Department.
Spot basis offers for hard red winter wheat were steady to weaker on Monday as merchants saw increased country selling in the face of higher futures prices.
Advisor to prime minister on finance, economy and revenue Dr Salman Shah on Monday held a meeting with Robert Kimmitt, his counterpart at the Treasury Department.
A cold front rolling over Brazil's south-east coffee belt is causing widespread rains, meteorologist Somar said Monday, a sign that the first major flowing of trees may be in store.
Advisor to prime minister on finance, economy and revenue Dr Salman Shah on Monday held a meeting with Robert Kimmitt, his counterpart at the Treasury Department.
Soyabean basis bids were steady to weak in the US Midwest interior early on Monday, weighed down by recent harvest selling, while corn bids were mostly steady amid quiet movement, dealers said. Soya processor bids fell 2 to 15 cents in Indiana.
A meeting, jointly chaired by President Pervez Musharraf and Prime Minister Shaukat Aziz on Monday here identified major hurdles in investment, and decided to launch ''President''s Investment Initiative'', a programme to simplify the procedure and formali
SovEcon provisionally forecasts Russia's winter grain area to be sown for the 2006 harvest at a record low of 12.3-12.85 million hectares compared with 13.9 million hectares last year.
A meeting, jointly chaired by President Pervez Musharraf and Prime Minister Shaukat Aziz on Monday here identified major hurdles in investment, and decided to launch 'President's Investment Initiative', a programme to simplify the procedure and formalitie
US CIF Gulf corn and soyabean basis values were mostly steady on Monday, with traders reporting no serious damage from Hurricane Rita to export facilities at the Texas Gulf, traders said.
A meeting, jointly chaired by President Pervez Musharraf and Prime Minister Shaukat Aziz on Monday here identified major hurdles in investment, and decided to launch 'President's Investment Initiative', a programme to simplify the procedure and formalitie
Thai sugar premiums are likely to hold steady this week with new offers for shipments in 2006 remaining thin, traders said on Monday. Raw sugar premiums for March-May shipment were offered steady at 85 points over the New York Board of Trade raw sugar fut
Eleven people were killed and 59 others injured on Monday when two buses overturned in Multan. According to details, devotees from Burewala and adjacent areas reached the Multan fort to visit shrines of Shah Rukn-e-Alam and Bahauddin Zakariya after attend
Eleven people were killed and 59 others injured on Monday when two buses overturned in Multan. According to details, devotees from Burewala and adjacent areas reached the Multan fort to visit shrines of Shah Rukn-e-Alam and Bahauddin Zakariya after attend
Cocoa arrivals at ports in Ivory Coast reached about 55,000 tonnes during the first three weeks of September, indicating a strong flow ahead of the October 1 start of the 2005/06 cocoa season, exporters said on Monday.
Israeli Prime Minister Ariel Sharon triumphed in a Likud party vote on Monday, stalling a leadership challenge by rightist Benjamin Netanyahu, a Likud official said after the ballots were counted.
Ukraine, a leading grain exporter, has slashed seaport grain shipments by 28 percent to 487,430 tonnes in the first 20 days of September from 689,710 in the same period in August, analysts said on Monday.
Israeli Prime Minister Ariel Sharon triumphed in a Likud party vote on Monday, stalling a leadership challenge by rightist Benjamin Netanyahu, a Likud official said after the ballots were counted.
The Cabinet Committee on Privatisation (CCoP), chaired by Prime Minster Shaukat Aziz, approved here on Monday the highest bids received for Mustehkam Cement Ltd (MCL) and Javedan Cement Ltd (JCL).
UK grain exports rose in July, boosted by a sharp climb in shipments of both wheat and barley to drought-hit Spain, official customs data showed on Monday.
The Cabinet Committee on Privatisation (CCoP), chaired by Prime Minster Shaukat Aziz, approved here on Monday the highest bids received for Mustehkam Cement Ltd (MCL) and Javedan Cement Ltd (JCL).
India's soyameal exports are expected to pick up after a slow start with countries like Japan showing keen interest in the meal because it is non-genetically modified, a leading exporter said on Monday.
The Cabinet Committee on Privatisation (CCoP), chaired by Prime Minster Shaukat Aziz, approved here on Monday the highest bids received for Mustehkam Cement Ltd (MCL) and Javedan Cement Ltd (JCL).
Kenya's tea regulator said the east African country's average monthly tea production for October-December is expected to rise 10.3 percent over the same period in 2004.
The public sector entities are a constant burden on national exchequer and a cause of the poor''s miseries, said Privatisation Minister Dr Abdul Hafeez Shaikh while addressing the ''National Privatisation Conference" organised by ''Actionaid Organisation'
Singapore bunker prices continued their slide on Monday, tracking the drop seen in Singapore cargo prices as global crude benchmarks turned in significant losses. Prices for 380-centistoke (cst) bunker fuel were pegged at $313-315 a tonne.
The public sector entities are a constant burden on national exchequer and a cause of the poor's miseries, said Privatisation Minister Dr Abdul Hafeez Shaikh while addressing the 'National Privatisation Conference" organised by 'Actionaid Organisation'. T
The Karachi Port handled 282,818 tonnes of cargo including 215,252 tonnes import and 67,566 tonnes export cargo including 1,149 containers during last 48 hours ending at 0700 hours on Monday.
The public sector entities are a constant burden on national exchequer and a cause of the poor's miseries, said Privatisation Minister Dr Abdul Hafeez Shaikh while addressing the 'National Privatisation Conference" organised by 'Actionaid Organisation'. T
Indian domestic edible oil prices are expected to firm in coming months in line with global prices, which are likely to rise 5-10 percent from October, a leading industry analyst said.
Tokyo gold futures plunged more than two percent on Monday from a 14-year high reached last week, pressured by the dollar's gains and by falls in oil prices after US refineries escaped damage from Hurricane Rita.