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Nov 26, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2009-04-02
BRIndex30 gains 126.11 points

BRIndex30 gains 126.11 points

On Wednesday, the BRIndex30 opened in the positive zone at 6,435.65 and remained there for whole of the trading time. It closed at 6,536.40. BRIndex30 registered a net positive change of 126.11 points and percentage change of 1.97. It experienced intra-da
Published 02 Apr, 2009 12:00am
Offloading trims early gains on KSE

Offloading trims early gains on KSE

The Karachi share market opened on a strong positive note on Wednesday and the KSE-100 index crossed the 7,000 points to hit 7,041.54 points intra-day high, up by 181.32 points. However, profit taking, mainly by day investors, minimised the days gains and
Published 02 Apr, 2009 12:00am
Kazakhstans economy shrinks

Kazakhstans economy shrinks

Kazakhstans economy contracted by more than 1 percent in January compared to a year ago as the deepening financial crisis tightened its grip on Central Asias biggest economy, the government said on Wednesday.
Published 02 Apr, 2009 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (April 01, 2009).

Published 02 Apr, 2009 12:00am
ISE index gains 36.05 points

ISE index gains 36.05 points

Equities partially recovered at the Islamabad Stock Exchange (ISE) where bulls returned in the driving seat under the lead of hot favourite amid increase in index. ISE Ten Index showed an improvement of 36.05 points, as the index moved from 1,582.85 to 1,
Published 02 Apr, 2009 12:00am
ISE index gains 36.05 points

ISE index gains 36.05 points

Equities partially recovered at the Islamabad Stock Exchange (ISE) where bulls returned in the driving seat under the lead of hot favourite amid increase in index. ISE Ten Index showed an improvement of 36.05 points, as the index moved from 1,582.85 to 1,
Published 02 Apr, 2009 12:00am
Equities move both ways on LSE

Equities move both ways on LSE

Equities moved both ways on Lahore Stock Exchange on Wednesday and the index closed at 2108.33 points level, depicting a gain of 23.17 points following fresh entries in cement and fertiliser sectors on account of reduction in profit rates on various schem
Published 02 Apr, 2009 12:00am
Equities move both ways on LSE

Equities move both ways on LSE

Equities moved both ways on Lahore Stock Exchange on Wednesday and the index closed at 2108.33 points level, depicting a gain of 23.17 points following fresh entries in cement and fertiliser sectors on account of reduction in profit rates on various schem
Published 02 Apr, 2009 12:00am
Three primary IMF targets achieved

Three primary IMF targets achieved

Pakistan has successfully achieved three primary IMF targets, including limit of budgetary borrowing from the State Bank, net foreign assets (NFA), and net domestic assets (NDA), set for the quarter ending on March 31, sources said on Wednesday.
Published 02 Apr, 2009 12:00am
Three primary IMF targets achieved

Three primary IMF targets achieved

Pakistan has successfully achieved three primary IMF targets, including limit of budgetary borrowing from the State Bank, net foreign assets (NFA), and net domestic assets (NDA), set for the quarter ending on March 31, sources said on Wednesday.
Published 02 Apr, 2009 12:00am
Honda to cut North America production, salaries: report

Honda to cut North America production, salaries: report

The Japanese automaker Honda has said it will further cut North American production and salaries amid plunging car sales, The Wall Street Journal reported Wednesday. Honda will reduce output by 62,000 units over three months starting May 1.
Published 02 Apr, 2009 12:00am
Czech, Polish bond auctions in demand as supply grows

Czech, Polish bond auctions in demand as supply grows

Central Europes fiscally-stronger countries Poland and the Czech Republic stepped up borrowing at auctions on Wednesday, scooping up funds despite a jump in yields. A slight pickup in global sentiment has raised investors appetite for emerging assets over
Published 02 Apr, 2009 12:00am
Czech, Polish bond auctions in demand as supply grows

Czech, Polish bond auctions in demand as supply grows

Central Europes fiscally-stronger countries Poland and the Czech Republic stepped up borrowing at auctions on Wednesday, scooping up funds despite a jump in yields. A slight pickup in global sentiment has raised investors appetite for emerging assets over
Published 02 Apr, 2009 12:00am
FBR sets revised RTs for 2008-09

FBR sets revised RTs for 2008-09

The Federal Board of Revenue (FBR) has set revised Revenue Targets (RTs) for the Financial Year 2008-09 for each Custom Collectorate in the Country. Addressing a meeting of sectional heads and custom superintendents, the Collector Customs, Model Custom Co
Published 02 Apr, 2009 12:00am
Top economists urge G20 to embrace free trade

Top economists urge G20 to embrace free trade

Leading international economists urged G20 leaders meeting in London on Wednesday to reject protectionism and promote free trade as they seek to thrash out plans to deal with a global economic downturn.
Published 02 Apr, 2009 12:00am
Honda to cut North America production, salaries: report

Honda to cut North America production, salaries: report

The Japanese automaker Honda has said it will further cut North American production and salaries amid plunging car sales, The Wall Street Journal reported Wednesday. Honda will reduce output by 62,000 units over three months starting May 1.
Published 02 Apr, 2009 12:00am
Malaysian court rules divisive Islamic contract valid

Malaysian court rules divisive Islamic contract valid

A Malaysian court has ruled that a popular but controversial Islamic finance contract is valid, a move expected to boost sharia banks in Southeast Asias most developed Islamic financial market. The bai bithaman ajil or deferred payment sale contract is th
Published 02 Apr, 2009 12:00am
Malaysian court rules divisive Islamic contract valid

Malaysian court rules divisive Islamic contract valid

A Malaysian court has ruled that a popular but controversial Islamic finance contract is valid, a move expected to boost sharia banks in Southeast Asias most developed Islamic financial market. The bai bithaman ajil or deferred payment sale contract is th
Published 02 Apr, 2009 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 02 Apr, 2009 12:00am
AJK President criticises loopholes in water management

AJK President criticises loopholes in water management

President Azad Jammu and Kashmir Raja Zulqarnain Khan has said that water shortage is a serious issue as out of 140 MAF available water annually, only 40 MAF is benefiting the crops while rest of it is being destroyed through various loopholes in the wate
Published 02 Apr, 2009 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Wednesday (April 01, 2009).

Published 02 Apr, 2009 12:00am
UAE companies to invest $500 million shortly

UAE companies to invest $500 million shortly

The United Arab Emirates (UAE) would bring an investment of 500 million dollar soon to enhance bilateral trade between the two brotherly countries. Mirza Ikhtiar Baig, the leader of a 30-member delegation that visited the UAE recently said.
Published 02 Apr, 2009 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 02 Apr, 2009 12:00am
UAE companies to invest $500 million shortly

UAE companies to invest $500 million shortly

The United Arab Emirates (UAE) would bring an investment of 500 million dollar soon to enhance bilateral trade between the two brotherly countries. Mirza Ikhtiar Baig, the leader of a 30-member delegation that visited the UAE recently said.
Published 02 Apr, 2009 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 02 Apr, 2009 12:00am
Anti-dumping steps serve as tools to prevent injury to industry

Anti-dumping steps serve as tools to prevent injury to industry

Anti-dumping measures are the only legal and kosher tools available to countries like Pakistan to prevent irreparable injury to their industries and ensuring level playing field for their conduct of commerce, as required under the WTO agreement. This is t
Published 02 Apr, 2009 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 02 Apr, 2009 12:00am
Malaysian court rules divisive Islamic contract valid

Malaysian court rules divisive Islamic contract valid

A Malaysian court has ruled that a popular but controversial Islamic finance contract is valid, a move expected to boost sharia banks in Southeast Asias most developed Islamic financial market. The bai bithaman ajil or deferred payment sale contract is th
Published 02 Apr, 2009 12:00am
Former minister Amir Muqams house blown up in Swat

Former minister Amir Muqams house blown up in Swat

Some armed militants blew up the residence of former federal minister and provincial president PML-Q, Engineer Amir Muqam in Bahrain, district Swat said reports pouring from area here on Wednesday. According to sources, some armed militants earlier took t
Published 02 Apr, 2009 12:00am
KESC suspends power supply to defaulting KWSB: water shortage likely

KESC suspends power supply to defaulting KWSB: water shortage likely

The city is going to face shortage of water, as Karachi Electric Supply Company (KESC) has disconnected electricity supply to Karachi Water and Sewerage Board (KWSB) for not paying outstanding dues of Rs 6.8 billion. The company had failed to receive its
Published 02 Apr, 2009 12:00am
KESC suspends power supply to defaulting KWSB: water shortage likely

KESC suspends power supply to defaulting KWSB: water shortage likely

The city is going to face shortage of water, as Karachi Electric Supply Company (KESC) has disconnected electricity supply to Karachi Water and Sewerage Board (KWSB) for not paying outstanding dues of Rs 6.8 billion. The company had failed to receive its
Published 02 Apr, 2009 12:00am
KESC suspends power supply to defaulting KWSB: water shortage likely

KESC suspends power supply to defaulting KWSB: water shortage likely

The city is going to face shortage of water, as Karachi Electric Supply Company (KESC) has disconnected electricity supply to Karachi Water and Sewerage Board (KWSB) for not paying outstanding dues of Rs 6.8 billion. The company had failed to receive its
Published 02 Apr, 2009 12:00am
UAE companies to invest $500 million shortly

UAE companies to invest $500 million shortly

The United Arab Emirates (UAE) would bring an investment of 500 million dollar soon to enhance bilateral trade between the two brotherly countries. Mirza Ikhtiar Baig, the leader of a 30-member delegation that visited the UAE recently said.
Published 02 Apr, 2009 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (April 01, 2009).

Published 02 Apr, 2009 12:00am
Pakistan has to sign international accords to get GSP status

Pakistan has to sign international accords to get GSP status

Pakistan has to sign some international agreements to get Generalised System of Preferences (GSP) plus status and faculties for boosting its export to Germany and other European Union (EU) countries. The Consul General of Germany, Dr Christian Brecht said
Published 02 Apr, 2009 12:00am
Odd Lot Market Rates

Odd Lot Market Rates

Odd Lot Market Rates on Wednesday (April 01, 2009).

Published 02 Apr, 2009 12:00am
Dr Qadeer urges people to develop unity

Dr Qadeer urges people to develop unity

Dr Abdul Qadeer Khan has stressed the people of Pakistan to develop unity among their ranks for achieving prosperity and upgradating the image of the country. He expressed his views while delivering a telephonic address to the bar members at Save Judiciar
Published 02 Apr, 2009 12:00am
Odd Lot Market Rates

Odd Lot Market Rates

Odd Lot Market Rates on Wednesday (April 01, 2009).

Published 02 Apr, 2009 12:00am
Sindh government launches punctuality drive

Sindh government launches punctuality drive

Government officials, working in Sindh Secretariat were hit hard when Chief Secretary Sindh, Fazl-ur-Rehman announced to launch "Punctuality Drive" to restrict officials to follow government guidelines.
Published 02 Apr, 2009 12:00am
Odd Lot Market Rates

Odd Lot Market Rates

Odd Lot Market Rates on Wednesday (April 01, 2009).

Published 02 Apr, 2009 12:00am
Pakistan has potential for attracting foreign investment

Pakistan has potential for attracting foreign investment

Pakistan has great potential for alluring foreign investment in fields of oil, gas and coal exploration, alternative energy, education, IT, agriculture and financial sectors with business friendly regimes. However, incidents like Lahore should be combated
Published 02 Apr, 2009 12:00am
Historical sites to be preserved at any cost: Palijo

Historical sites to be preserved at any cost: Palijo

The Sindh Minister for Culture & Tourism Sassui Palijo said that preservation of historical sites would be ensured at any cost and in this connection survey and documentation of all historical places of Sindh have been launched.
Published 02 Apr, 2009 12:00am
Former minister Amir Muqams house blown up in Swat

Former minister Amir Muqams house blown up in Swat

Some armed militants blew up the residence of former federal minister and provincial president PML-Q, Engineer Amir Muqam in Bahrain, district Swat said reports pouring from area here on Wednesday. According to sources, some armed militants earlier took t
Published 02 Apr, 2009 12:00am
Government may import 0.4 million tons of sugar

Government may import 0.4 million tons of sugar

The government may have to import 0.4 million tons of sugar this year to meet the shortage and stabilise prices in the country, market experts told Business Recorder here Wednesday. They said that the production of 2008-09 sugarcane crushing season
Published 02 Apr, 2009 12:00am
PBTIF team visits OICCI to bolster FDI

PBTIF team visits OICCI to bolster FDI

A delegation of Pakistan Britain Trade & Investment Forum (PBTIF) visited the Overseas Investors Chamber of Commerce & Industry (OICCI) to discuss issues hampering FDI. This visit was in reference to the MoU signed in 2008 between OICCI and PBTIF to enhan
Published 02 Apr, 2009 12:00am
ECC regrets rejection of proposal to import raw sugar

ECC regrets rejection of proposal to import raw sugar

Economic Co-ordination Committee (ECC) of the Cabinet, in its meeting on March 19 presided over by the Prime Ministers Advisor on Finance Shaukat Tarin, regretted not allowing import of raw sugar at an appropriate time when it was cheaper than refined/whi
Published 02 Apr, 2009 12:00am
THE RUPEE: dollar higher on interbank market

THE RUPEE: dollar higher on interbank market

Expectations for improvement in inflows, failed to save the rupee from fresh losses on the interbank market on Wednesday, losing 8 paisa for buying at 80.58 and also falling 7 paisa for selling at 80.62, dealers said.
Published 02 Apr, 2009 12:00am
THE RUPEE: dollar higher on interbank market

THE RUPEE: dollar higher on interbank market

Expectations for improvement in inflows, failed to save the rupee from fresh losses on the interbank market on Wednesday, losing 8 paisa for buying at 80.58 and also falling 7 paisa for selling at 80.62, dealers said.
Published 02 Apr, 2009 12:00am
PML-Q to table bill against forward block politics: Shujaat

PML-Q to table bill against forward block politics: Shujaat

Pakistan Muslim League-Q (PML-Q) has decided to table a bill in the Senate and National Assembly for legislation to put an end to politics of horse trading and forward block. This decision was taken in a consultative meeting of party leadership and legisl
Published 02 Apr, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (April 01, 2009).

Published 02 Apr, 2009 12:00am
Shahbaz means business, all set to complete unfinished agenda

Shahbaz means business, all set to complete unfinished agenda

With the restoration of Pakistan Muslim League-N government in Punjab, Shahbaz Sharif is burgeoning to fulfil his unfinished agenda of public welfare with priority to maintain law and order situation in the province.
Published 02 Apr, 2009 12:00am
New project to check eyesight of school children

New project to check eyesight of school children

A new project to check eyesight of school children is being launched in Punjab under Public Private Partnership Strategy (PPPS) for the social sector development by the Punjab Devolved Social Services Programme (PDSSP) so that the drop out rate of the chi
Published 02 Apr, 2009 12:00am
PPP divided over joining Punjab cabinet

PPP divided over joining Punjab cabinet

Pakistan Peoples Party (PPP) has seemed to be divided over the issue of forming coalition government with Pakistan Muslim League-Nawaz (PML-N) in Punjab since the restoration of Shahbaz Sharif government. According to the party sources, those sitting in t
Published 02 Apr, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (April 01, 2009).

Published 02 Apr, 2009 12:00am
Pakistan paid heavy price for supporting war on terror

Pakistan paid heavy price for supporting war on terror

Pakistan paid heavy economic price of $6 billion in 2007-08 for supporting war on terror, but what it got in return as Coalition Support Fund (CSF) was merely peanuts, said Dr Hafiz Pasha, heading a panel of economists in the Planning Commission, here on
Published 02 Apr, 2009 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (April 01, 2009).

Published 02 Apr, 2009 12:00am
Two AVMs promoted as Air Marshals

Two AVMs promoted as Air Marshals

The government has promoted Air Vice-Marshals Tahir Rafique Butt and Farhat Hussain Khan to the rank of Air Marshal. According to DPR (Air) press release issued here on Wednesday, Air Marshal Tahir Rafique Butt was commissioned in Pakistan Air Force on 6
Published 02 Apr, 2009 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (April 01, 2009).

Published 02 Apr, 2009 12:00am
Shahbaz sets up Rs 50 million fund for journalists

Shahbaz sets up Rs 50 million fund for journalists

Punjab Chief Minister, Muhammad Shahbaz Sharif has announced setting up of a special fund with an amount of Rs 50 million for those journalists meeting any accident during the performance of their duties.
Published 02 Apr, 2009 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (April 01, 2009).

Published 02 Apr, 2009 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (April 01, 2009).

Published 02 Apr, 2009 12:00am
Ministries fail to curtail non-development expenditure

Ministries fail to curtail non-development expenditure

Ministries are paying no heed to the Prime Ministers clear-cut instructions to cut down their non-development expenditures that have gone up to Rs100 billion during the current fiscal year with 22 percent increase as compared to the corresponding period o
Published 02 Apr, 2009 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Wednesday (April 01, 2009) and for Thursday (April 02, 2009).
Published 02 Apr, 2009 12:00am
Lawyer receiving life threats

Lawyer receiving life threats

Chairman Human Rights Committee Punjab Bar Council Sheikh Anees Saadi advocate has claimed to have received life threats from some religious extremist organisations for pleading cases to defend those accused for blasphemy.
Published 02 Apr, 2009 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 02 Apr, 2009 12:00am
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