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Print - 2008-06-05
Mullen holds anti-terror talks with Kayani

Mullen holds anti-terror talks with Kayani

US military chief Admiral Mike Mullen held counter-terrorism talks with Pakistani army top brass on Wednesday, two days after a suicide bomb killed six people in the capital, officials said. Mullen met General Ashfaq Kayani for a second time following his
Published 05 Jun, 2008 12:00am
Alitalia shares halted, loan at risk from EU

Alitalia shares halted, loan at risk from EU

Italy's bourse has suspended indefinitely trade in Alitalia after the government began a third attempt to sell the ailing carrier, and a report said a state loan to the airline may be illegitimate.
Published 05 Jun, 2008 12:00am
Alitalia shares halted, loan at risk from EU

Alitalia shares halted, loan at risk from EU

Italy's bourse has suspended indefinitely trade in Alitalia after the government began a third attempt to sell the ailing carrier, and a report said a state loan to the airline may be illegitimate.
Published 05 Jun, 2008 12:00am
Presentation

Presentation

Presentation at KSE auditorium (only for members and an authorised employee of the members).

Published 05 Jun, 2008 12:00am
Only one session on Friday: KSE

Only one session on Friday: KSE

The Karachi Stock Exchange management has decided to have one trading session only instead of two sessions on Friday ie from 09:30am to 01:30pm with effect from June 6, 2008. A decision to this effect was taken in view of the government directive for adva
Published 05 Jun, 2008 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 05 Jun, 2008 12:00am
Bank of England to keep rates on hold to combat inflation

Bank of England to keep rates on hold to combat inflation

The Bank of England was expected to keep interest rates at 5.0 percent on Thursday to combat inflation driven by soaring oil and food prices despite concerns over slowing growth and the housing market, analysts said.
Published 05 Jun, 2008 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 05 Jun, 2008 12:00am
ISE index gains 140.65 points

ISE index gains 140.65 points

The Islamabad Stock Exchange (ISE) celebrated extension in capital gains tax (CGT) exemption on capital market where leading brokerage houses and market players injected fresh investment in hot favourite stocks amid increase in index.
Published 05 Jun, 2008 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 05 Jun, 2008 12:00am
ISE index gains 140.65 points

ISE index gains 140.65 points

The Islamabad Stock Exchange (ISE) celebrated extension in capital gains tax (CGT) exemption on capital market where leading brokerage houses and market players injected fresh investment in hot favourite stocks amid increase in index.
Published 05 Jun, 2008 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Wednesday (June 04, 2008).

Published 05 Jun, 2008 12:00am
LSE index gains 201.24 points

LSE index gains 201.24 points

Bull-run has continued for the third consecutive session on the Lahore Stock Exchange (LSE) where share values recorded widespread gains on Wednesday on the back of positive developments about the capital gain tax (CGT) which helped the market add 5 perce
Published 05 Jun, 2008 12:00am
LSE index gains 201.24 points

LSE index gains 201.24 points

Bull-run has continued for the third consecutive session on the Lahore Stock Exchange (LSE) where share values recorded widespread gains on Wednesday on the back of positive developments about the capital gain tax (CGT) which helped the market add 5 perce
Published 05 Jun, 2008 12:00am
48,095-kg pulses seized at QICT

48,095-kg pulses seized at QICT

The Directorate General, Intelligence and Investigation (DGI&I) of the Federal Board of Revenue (FBR), Karachi, has seized around 48,095-kg pulses export consignment, which was deliberately declared as chewing gum shipment to obtain bogus rebates. The gov
Published 05 Jun, 2008 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 05 Jun, 2008 12:00am
48,095-kg pulses seized at QICT

48,095-kg pulses seized at QICT

The Directorate General, Intelligence and Investigation (DGI&I) of the Federal Board of Revenue (FBR), Karachi, has seized around 48,095-kg pulses export consignment, which was deliberately declared as chewing gum shipment to obtain bogus rebates. The gov
Published 05 Jun, 2008 12:00am
48,095-kg pulses seized at QICT

48,095-kg pulses seized at QICT

The Directorate General, Intelligence and Investigation (DGI&I) of the Federal Board of Revenue (FBR), Karachi, has seized around 48,095-kg pulses export consignment, which was deliberately declared as chewing gum shipment to obtain bogus rebates. The gov
Published 05 Jun, 2008 12:00am
Cabinet decides to regularise grade 1-15 employees

Cabinet decides to regularise grade 1-15 employees

The Cabinet on Wednesday decided, in principle, to regularise the services of all contractual employees from grade 1 to 15, who have been working continuously for the last two years.
Published 05 Jun, 2008 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (June 04, 2008).

Published 05 Jun, 2008 12:00am
Current tax regime to fetch more revenue than CGT: KSE managing director

Current tax regime to fetch more revenue than CGT: KSE managing director

The government''s decision to retain the current tax regime for capital markets will contribute more revenue than imposition of capital gains tax on listed shares. This was stated by Karachi Stock Exchange Managing Director Adnan Afridi while speaking at
Published 05 Jun, 2008 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (June 04, 2008).

Published 05 Jun, 2008 12:00am
Current tax regime to fetch more revenue than CGT: KSE managing director

Current tax regime to fetch more revenue than CGT: KSE managing director

The government's decision to retain the current tax regime for capital markets will contribute more revenue than imposition of capital gains tax on listed shares. This was stated by Karachi Stock Exchange Managing Director Adnan Afridi while speaking at a
Published 05 Jun, 2008 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (June 04, 2008).

Published 05 Jun, 2008 12:00am
Current tax regime to fetch more revenue than CGT: KSE managing director

Current tax regime to fetch more revenue than CGT: KSE managing director

The government's decision to retain the current tax regime for capital markets will contribute more revenue than imposition of capital gains tax on listed shares. This was stated by Karachi Stock Exchange Managing Director Adnan Afridi while speaking at a
Published 05 Jun, 2008 12:00am
BRIndex30 gains 703.13 points

BRIndex30 gains 703.13 points

On Wednesday, the BRIndex30 opened in the green zone at 13,926.21 with an upward jump gap of 678.88 points and remained there for the whole trading time. It closed at 13,950.46, registering a positive change of 703.13 points and percentage change of 5.31.
Published 05 Jun, 2008 12:00am
BRIndex30 gains 703.13 points

BRIndex30 gains 703.13 points

On Wednesday, the BRIndex30 opened in the green zone at 13,926.21 with an upward jump gap of 678.88 points and remained there for the whole trading time. It closed at 13,950.46, registering a positive change of 703.13 points and percentage change of 5.31.
Published 05 Jun, 2008 12:00am
Stocks upbeat on extension in CGT exemption

Stocks upbeat on extension in CGT exemption

The KSE-100 index witnessed second highest single-day increase of 610.03 points on Wednesday and closed at 13,089.50 points on the back of government decision to give exemption on capital gain tax on listed shares for two years and to keep the current tax
Published 05 Jun, 2008 12:00am
Stocks upbeat on extension in CGT exemption

Stocks upbeat on extension in CGT exemption

The KSE-100 index witnessed second highest single-day increase of 610.03 points on Wednesday and closed at 13,089.50 points on the back of government decision to give exemption on capital gain tax on listed shares for two years and to keep the current tax
Published 05 Jun, 2008 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Wednesday (June 04, 2008).

Published 05 Jun, 2008 12:00am
Stocks upbeat on extension in CGT exemption

Stocks upbeat on extension in CGT exemption

The KSE-100 index witnessed second highest single-day increase of 610.03 points on Wednesday and closed at 13,089.50 points on the back of government decision to give exemption on capital gain tax on listed shares for two years and to keep the current tax
Published 05 Jun, 2008 12:00am
Provinces pledge to strengthen federation: chief minister

Provinces pledge to strengthen federation: chief minister

Punjab Chief Minister, Sardar Dost Muhammad Khan Khosa has said that Punjab government wants to develop consensus on financial matters between the centre and all the provinces for smooth handling of affairs in accordance with the needs of the provinces.
Published 05 Jun, 2008 12:00am
Corporate governance guide for family-owned companies launched

Corporate governance guide for family-owned companies launched

"Today Pakistan has become the first country in Asia having formally introduced a corporate governance guidebook for family-owned companies, which has been developed through extensive private sector dialogue and input".
Published 05 Jun, 2008 12:00am
Meeting of KCCI team with minister likely today

Meeting of KCCI team with minister likely today

The first meeting of five-member committee of Karachi Chamber of Commerce and Industry (KCCI), headed by the President, KCCI, Shamim Ahmed Shamsi, is likely to be held with the Sindh Minister for Home, Dr Zulfiqar Ali Mirza today (Thursday) to resolve the
Published 05 Jun, 2008 12:00am
Sri Lanka to participate in 'My Karachi' exhibition

Sri Lanka to participate in 'My Karachi' exhibition

Sidath Kumar, Consul General of Sri Lanka said the Sri Lanka is participating for the second time at "My Karachi 2008" with 15 private and public sector organisations at Karachi Expo Centre beginning from June 6 to 8, 2008. He further said that Sri Lanka
Published 05 Jun, 2008 12:00am
Gas transit fee: Iran to mediate between India and Pakistan

Gas transit fee: Iran to mediate between India and Pakistan

Iran will mediate between India and Pakistan to end a deadlock on the issue of transit fees to be paid by New Delhi for gas transported through a 7.5-billion dollar pipeline to be built by the three countries. Iranian President Mahmoud Ahmadinejad has con
Published 05 Jun, 2008 12:00am
Gas transit fee: Iran to mediate between India and Pakistan

Gas transit fee: Iran to mediate between India and Pakistan

Iran will mediate between India and Pakistan to end a deadlock on the issue of transit fees to be paid by New Delhi for gas transported through a 7.5-billion dollar pipeline to be built by the three countries. Iranian President Mahmoud Ahmadinejad has con
Published 05 Jun, 2008 12:00am
Gas transit fee: Iran to mediate between India and Pakistan

Gas transit fee: Iran to mediate between India and Pakistan

Iran will mediate between India and Pakistan to end a deadlock on the issue of transit fees to be paid by New Delhi for gas transported through a 7.5-billion dollar pipeline to be built by the three countries. Iranian President Mahmoud Ahmadinejad has con
Published 05 Jun, 2008 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (June 04, 2008).

Published 05 Jun, 2008 12:00am
Shujaat and Nawaz meeting in London likely

Shujaat and Nawaz meeting in London likely

Pakistan Muslim League President Chaudhry Shujuaat Hussain is expected to meet with Pakistan Muslim League Chief Mian Muhammad Nawaz Sharif on Saturday in London, a private TV channel reported.
Published 05 Jun, 2008 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (June 04, 2008).
Published 05 Jun, 2008 12:00am
KSE names 25 top companies for 2007

KSE names 25 top companies for 2007

The Karachi Stock Exchange (KSE) has announced the names of twenty-five companies, which have been selected by the exchange for the 'Top Companies Awards' 2007.
Published 05 Jun, 2008 12:00am
US Senate approves $3 trillion fiscal year 2009 budget plan

US Senate approves $3 trillion fiscal year 2009 budget plan

The US Senate on Wednesday passed a budget for the fiscal year starting October 1 that would eliminate deficits by 2012 but puts off tough decisions on taxes and controlling the growing costs of health and retirement benefits for the elderly.
Published 05 Jun, 2008 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Wednesday (June 04, 2008).

Published 05 Jun, 2008 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Wednesday (June 04, 2008).

Published 05 Jun, 2008 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Wednesday (June 04, 2008).

Published 05 Jun, 2008 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (June 04, 2008).

Published 05 Jun, 2008 12:00am
Raise in withholding tax on cash withdrawal likely

Raise in withholding tax on cash withdrawal likely

The government is likely to withdraw ''time-bound exemptions,'' substantially reduce income tax exemptions; raise withholding tax on cash withdrawal from banks from 0.2 percent to 0.3 percent and raise capital value tax (CVT) on immovable property from 2
Published 05 Jun, 2008 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

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
Published 05 Jun, 2008 12:00am
Raise in withholding tax on cash withdrawal likely

Raise in withholding tax on cash withdrawal likely

The government is likely to withdraw 'time-bound exemptions,' substantially reduce income tax exemptions; raise withholding tax on cash withdrawal from banks from 0.2 percent to 0.3 percent and raise capital value tax (CVT) on immovable property from 2 pe
Published 05 Jun, 2008 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

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
Published 05 Jun, 2008 12:00am
Raise in withholding tax on cash withdrawal likely

Raise in withholding tax on cash withdrawal likely

The government is likely to withdraw 'time-bound exemptions,' substantially reduce income tax exemptions; raise withholding tax on cash withdrawal from banks from 0.2 percent to 0.3 percent and raise capital value tax (CVT) on immovable property from 2 pe
Published 05 Jun, 2008 12:00am
New York cotton

New York cotton

Tuesday's closing prices of New York cotton in US cents/lb.

Published 05 Jun, 2008 12:00am
New York cotton

New York cotton

Tuesday's closing prices of New York cotton in US cents/lb.

Published 05 Jun, 2008 12:00am