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Jan 05, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2010-05-22
Protest rally staged against Facebook

Protest rally staged against Facebook

People took the streets to protest against the caricatures of the Prophet Mohammed (PBUH) on Facebook after the Friday prayers. People in a large number in Karachi Company G-9 Markaz demonstrated against appearance of caricatures of the Holy Prophet on Fa
Published 22 May, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (May 21, 2010).

Published 22 May, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (May 21, 2010).

Published 22 May, 2010 12:00am
EDF approves 15 projects worth Rs 1.174 billion

EDF approves 15 projects worth Rs 1.174 billion

The Board of Administrators of Export Development Fund (EDF) headed by Commerce Minister, Makhdum Amin Fahim has approved 15 projects of Rs 1.174 billion relating to promotion of exports in various sectors.
Published 22 May, 2010 12:00am
Six killed in drone attack

Six killed in drone attack

A US drone attack on a suspected militant compound Saturday killed six militants in tribal belt, security officials said. The target of the attack was a house used by militants in Mohammad Khel village, some 25 kilometres (15 miles) west of Miranshah, the
Published 22 May, 2010 12:00am
HP introduces 'plug and print' laser printers

HP introduces 'plug and print' laser printers

HP on Thursday bolstered its LaserJet Pro printer line with new "plug and print" technology that allows customers to begin printing in as little as two minutes by simply connecting a notebook or desktop PC to the printer with a USB cable - no CD required.
Published 22 May, 2010 12:00am
THE RUPEE: all-round slide

THE RUPEE: all-round slide

Rising demand for dollars, pressurised the rupee to look back versus the US currency on the local currency market on Friday, money market-men said. The rupee also failed to recover its gains in relation to euro as the single European currency is now start
Published 22 May, 2010 12:00am
THE RUPEE: all-round slide

THE RUPEE: all-round slide

Rising demand for dollars, pressurised the rupee to look back versus the US currency on the local currency market on Friday, money market-men said. The rupee also failed to recover its gains in relation to euro as the single European currency is now start
Published 22 May, 2010 12:00am
Pakistan detains at least four over New York plot

Pakistan detains at least four over New York plot

Pakistan has detained at least four people suspected of links with a failed bid to set off a car bomb in New York's Times Square, including one who worked for a catering company servicing embassies in Islamabad. The failed Times Square bombing on May 1 ha
Published 22 May, 2010 12:00am
Pakistan's trade with Tajikistan can be improved: ICCI

Pakistan's trade with Tajikistan can be improved: ICCI

Assistant Secretary General of Islamic Chamber of Commerce and Industry (ICCI) Attiya Nawazish Ali has said that Pakistan's trade with Tajikistan can be improved by availing opportunities effectively. Business community of Pakistan and other Islamic count
Published 22 May, 2010 12:00am
FBR starts issuing sales tax refund cheques same day of filing claim

FBR starts issuing sales tax refund cheques same day of filing claim

The Federal Board of Revenue (FBR) has started issuing cheques to the manufacturers-cum-exporters on the day of filing sales tax refund claims through the newly introduced electronic Expeditious Refund System. Sources told Business Recorder here on
Published 22 May, 2010 12:00am
FBR starts issuing sales tax refund cheques same day of filing claim

FBR starts issuing sales tax refund cheques same day of filing claim

The Federal Board of Revenue (FBR) has started issuing cheques to the manufacturers-cum-exporters on the day of filing sales tax refund claims through the newly introduced electronic Expeditious Refund System. Sources told Business Recorder here on
Published 22 May, 2010 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (May 21, 2010).

Published 22 May, 2010 12:00am
FBR starts issuing sales tax refund cheques same day of filing claim

FBR starts issuing sales tax refund cheques same day of filing claim

The Federal Board of Revenue (FBR) has started issuing cheques to the manufacturers-cum-exporters on the day of filing sales tax refund claims through the newly introduced electronic Expeditious Refund System. Sources told Business Recorder here on
Published 22 May, 2010 12:00am
Two security men killed, three hurt in Balochistan

Two security men killed, three hurt in Balochistan

Two security forces personnel were killed and three sustained injuries in a rocket attack near Iranian border on Friday. According to details, some security forces personnel on duty on a check-post along Mand-Blangore road (Mekran division). Unknown perso
Published 22 May, 2010 12:00am
Two security men killed, three hurt in Balochistan

Two security men killed, three hurt in Balochistan

Two security forces personnel were killed and three sustained injuries in a rocket attack near Iranian border on Friday. According to details, some security forces personnel on duty on a check-post along Mand-Blangore road (Mekran division). Unknown perso
Published 22 May, 2010 12:00am
Taliban blow up 'spies'

Taliban blow up 'spies'

Taliban militants strapped bombs to two men they accused of spying for the United States, blowing them up at a public execution, security officials said Friday. The Taliban frequently kidnap and kill tribesmen in tribal belt shadowing the Afghan border, b
Published 22 May, 2010 12:00am
Taliban blow up 'spies'

Taliban blow up 'spies'

Taliban militants strapped bombs to two men they accused of spying for the United States, blowing them up at a public execution, security officials said Friday. The Taliban frequently kidnap and kill tribesmen in tribal belt shadowing the Afghan border, b
Published 22 May, 2010 12:00am
''RBS deal not finalised yet''

''RBS deal not finalised yet''

Faysal Bank has to hold another round of intricate discussions with RBS on the Share Purchase Agreement, said Faysal Bank. It incorrect to say at this stage that Faysal has won a bid to buy RBS (Pakistan), said a spokesman for FABL in Karachi. Commenting
Published 22 May, 2010 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 22 May, 2010 12:00am
'RBS deal not finalised yet'

'RBS deal not finalised yet'

Faysal Bank has to hold another round of intricate discussions with RBS on the Share Purchase Agreement, said Faysal Bank. It incorrect to say at this stage that Faysal has won a bid to buy RBS (Pakistan), said a spokesman for FABL in Karachi. Commenting
Published 22 May, 2010 12:00am
Board meetings in progress

Board meetings in progress

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

Published 22 May, 2010 12:00am
'RBS deal not finalised yet'

'RBS deal not finalised yet'

Faysal Bank has to hold another round of intricate discussions with RBS on the Share Purchase Agreement, said Faysal Bank. It incorrect to say at this stage that Faysal has won a bid to buy RBS (Pakistan), said a spokesman for FABL in Karachi. Commenting
Published 22 May, 2010 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 22 May, 2010 12:00am
Foreign investors repatriate $600 million in 10 months

Foreign investors repatriate $600 million in 10 months

Despite slow economic activities, foreign investors repatriated some $600 million profit and dividend during 10 months. However, overall repatriated amount is some 10 percent lower than the same period of last fiscal year. According to State Bank of Pakis
Published 22 May, 2010 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 22 May, 2010 12:00am
Foreign investors repatriate $600 million in 10 months

Foreign investors repatriate $600 million in 10 months

Despite slow economic activities, foreign investors repatriated some $600 million profit and dividend during 10 months. However, overall repatriated amount is some 10 percent lower than the same period of last fiscal year. According to State Bank of Pakis
Published 22 May, 2010 12:00am
Foreign investors repatriate $600 million in 10 months

Foreign investors repatriate $600 million in 10 months

Despite slow economic activities, foreign investors repatriated some $600 million profit and dividend during 10 months. However, overall repatriated amount is some 10 percent lower than the same period of last fiscal year. According to State Bank of Pakis
Published 22 May, 2010 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 22 May, 2010 12:00am
Three Britons killed over family dispute

Three Britons killed over family dispute

A British family of three was gunned down by attackers inside a graveyard in Gujrat, apparently over a relative's divorce, police said Friday. The Britons of Pakistani origin were visiting the grave of a relative Thursday when gunmen sprayed them with bul
Published 22 May, 2010 12:00am
Three Britons killed over family dispute

Three Britons killed over family dispute

A British family of three was gunned down by attackers inside a graveyard in Gujrat, apparently over a relative's divorce, police said Friday. The Britons of Pakistani origin were visiting the grave of a relative Thursday when gunmen sprayed them with bul
Published 22 May, 2010 12:00am
Hafeez declared Senator-elect unopposed

Hafeez declared Senator-elect unopposed

Advisor to Prime Minister on Finance, Abdul Hafeez Shaikh stood elected to the Senate unopposed. The Provincial Election Commissioner Sono Khan Baluch, announced that he stood elected to the Senate unopposed after his nomination papers were found valid du
Published 22 May, 2010 12:00am
Hafeez declared Senator-elect unopposed

Hafeez declared Senator-elect unopposed

Advisor to Prime Minister on Finance, Abdul Hafeez Shaikh stood elected to the Senate unopposed. The Provincial Election Commissioner Sono Khan Baluch, announced that he stood elected to the Senate unopposed after his nomination papers were found valid du
Published 22 May, 2010 12:00am
Compensation package for Hunza affectees soon: Gilani

Compensation package for Hunza affectees soon: Gilani

Prime Minister Syed Yousuf Raza Gilani said that following the damage assessment a compensation package would soon be announced for the Hunza lake affectees and assured funds from the federal government on priority. Gilani who is here on a day-long visit
Published 22 May, 2010 12:00am
Government wouldn't write letter to Swiss authorities

Government wouldn't write letter to Swiss authorities

Pakistan People's Party (PPP) has decided that the government will not write any letter to Swiss government to reopening corruption cases against President Asif Ali Zardari, a private TV channel reported late Friday night. According to the channel, this d
Published 22 May, 2010 12:00am
Government wouldn't write letter to Swiss authorities

Government wouldn't write letter to Swiss authorities

Pakistan People's Party (PPP) has decided that the government will not write any letter to Swiss government to reopening corruption cases against President Asif Ali Zardari, a private TV channel reported late Friday night. According to the channel, this d
Published 22 May, 2010 12:00am
President discusses NRO, other issues with PPP ministers

President discusses NRO, other issues with PPP ministers

President Asif Ali Zaradri on Friday discussed current political situation and issues pertaining to NRO implementation and 18th Amendment, which has been challenged in the Supreme Court, with cabinet members belonging to Pakistan People's Party (PPP).
Published 22 May, 2010 12:00am
$5.88 million added to foreigners'' portfolio investment

$5.88 million added to foreigners'' portfolio investment

Despite selling on last two sessions, a net inflow of $5.88 million of foreign investors portfolio investment (FIPI) was witnessed at the local equity market during the week up to May 21, 2010. "Negative trend in global markets and declining oil prices in
Published 22 May, 2010 12:00am
$5.88 million added to foreigners' portfolio investment

$5.88 million added to foreigners' portfolio investment

Despite selling on last two sessions, a net inflow of $5.88 million of foreign investors portfolio investment (FIPI) was witnessed at the local equity market during the week up to May 21, 2010. "Negative trend in global markets and declining oil prices in
Published 22 May, 2010 12:00am
$5.88 million added to foreigners' portfolio investment

$5.88 million added to foreigners' portfolio investment

Despite selling on last two sessions, a net inflow of $5.88 million of foreign investors portfolio investment (FIPI) was witnessed at the local equity market during the week up to May 21, 2010. "Negative trend in global markets and declining oil prices in
Published 22 May, 2010 12:00am
ISE index down by 32.43 points

ISE index down by 32.43 points

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 32.43 points as the ISE Ten Index moved from 2,456.55 to 2,424.12
Published 22 May, 2010 12:00am
ISE index down by 32.43 points

ISE index down by 32.43 points

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 32.43 points as the ISE Ten Index moved from 2,456.55 to 2,424.12
Published 22 May, 2010 12:00am
Bears dominate LSE

Bears dominate LSE

Bears dominated the proceedings at the Lahore Stock Exchange (LSE) where equities registered more losses amid descending transaction volume on Friday. The LSE-25 index further lost 46.39 points and was closed at 3107.27 against 3153.66 of Thursday while t
Published 22 May, 2010 12:00am
Bears dominate LSE

Bears dominate LSE

Bears dominated the proceedings at the Lahore Stock Exchange (LSE) where equities registered more losses amid descending transaction volume on Friday. The LSE-25 index further lost 46.39 points and was closed at 3107.27 against 3153.66 of Thursday while t
Published 22 May, 2010 12:00am
US spy chief quits after intelligence failures

US spy chief quits after intelligence failures

After a string of intelligence failures, US spy czar Dennis Blair announced his resignation, ending a 16-month tenure marred by rumblings of infighting in the US clandestine services. Blair, who announced Thursday that he was quitting as director of natio
Published 22 May, 2010 12:00am
UK court halts deportation of aged Pakistani mother

UK court halts deportation of aged Pakistani mother

A British court has temporarily halted the removal of a 64-year-old Pakistani mother who was asked to leave Britain by the UK border agency after 17 years of living in this country. According to the details, widowed Ghulam Sughra, of Rochdale, north west
Published 22 May, 2010 12:00am
Al Qaida behind killing of French technicians in 2002: French Judge

Al Qaida behind killing of French technicians in 2002: French Judge

Former Judge in charge of the DCN case, Jean-Louis Brugulere, persists in believing that al Qaida is indeed responsible for the killing of 11 French technicians outside the Sheraton Hotel in Karachi in 2002. "My conviction is strong on this point: it was
Published 22 May, 2010 12:00am
Al Qaida behind killing of French technicians in 2002: French Judge

Al Qaida behind killing of French technicians in 2002: French Judge

Former Judge in charge of the DCN case, Jean-Louis Brugulere, persists in believing that al Qaida is indeed responsible for the killing of 11 French technicians outside the Sheraton Hotel in Karachi in 2002. "My conviction is strong on this point: it was
Published 22 May, 2010 12:00am
BRIndex30 sheds 110.97 points

BRIndex30 sheds 110.97 points

On Friday, the BRIndex30 opened at 8,084.28 points and remained in negative throughout the trading session. It touched intra-day high of 8,084.28 and low of 7,927.29 points and closed at 7,973.31 points with a net negative change of -110.97 points or -1.3
Published 22 May, 2010 12:00am
BRIndex30 sheds 110.97 points

BRIndex30 sheds 110.97 points

On Friday, the BRIndex30 opened at 8,084.28 points and remained in negative throughout the trading session. It touched intra-day high of 8,084.28 and low of 7,927.29 points and closed at 7,973.31 points with a net negative change of -110.97 points or -1.3
Published 22 May, 2010 12:00am
Index loses 122.24 points

Index loses 122.24 points

Negative trend continued at the local share market on Friday and the KSE-100 index declined by 122.24 points to close at 9,871.16 points level. "Panic selling continued at the Karachi share market as local investors sought exit ahead of budget", analysts
Published 22 May, 2010 12:00am
Index loses 122.24 points

Index loses 122.24 points

Negative trend continued at the local share market on Friday and the KSE-100 index declined by 122.24 points to close at 9,871.16 points level. "Panic selling continued at the Karachi share market as local investors sought exit ahead of budget", analysts
Published 22 May, 2010 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (May 21, 2010).

Published 22 May, 2010 12:00am
Index loses 122.24 points

Index loses 122.24 points

Negative trend continued at the local share market on Friday and the KSE-100 index declined by 122.24 points to close at 9,871.16 points level. "Panic selling continued at the Karachi share market as local investors sought exit ahead of budget", analysts
Published 22 May, 2010 12:00am
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