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Nov 18, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2010-09-17
BRIndex30 down by 6 points

BRIndex30 down by 6 points

On Thursday, BRIndex30 opened at 7,717.2 and fluctuated throughout the trading session; mostly remaining near the dividing line. It touched an intraday high of 7,849.16 and an intraday low of 7,700.91 and closed at 7,711.20, which is -6 points or -0.08 pe
Published 17 Sep, 2010 12:00am
BRIndex30 down by 6 points

BRIndex30 down by 6 points

On Thursday, BRIndex30 opened at 7,717.2 and fluctuated throughout the trading session; mostly remaining near the dividing line. It touched an intraday high of 7,849.16 and an intraday low of 7,700.91 and closed at 7,711.20, which is -6 points or -0.08 pe
Published 17 Sep, 2010 12:00am
KSE index loses 29.43 points

KSE index loses 29.43 points

The KSE-100 index on Thursday lost 29.43 points and closed at the level of 10,017.14 points. Although the market witnessed strong opening and the index hit 10,153.83 points intra-day high level, up 107.26 points on the back of expectation regarding early
Published 17 Sep, 2010 12:00am
KSE index loses 29.43 points

KSE index loses 29.43 points

The KSE-100 index on Thursday lost 29.43 points and closed at the level of 10,017.14 points. Although the market witnessed strong opening and the index hit 10,153.83 points intra-day high level, up 107.26 points on the back of expectation regarding early
Published 17 Sep, 2010 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Thursday (September 16, 2010).

Published 17 Sep, 2010 12:00am
KSE index loses 29.43 points

KSE index loses 29.43 points

The KSE-100 index on Thursday lost 29.43 points and closed at the level of 10,017.14 points. Although the market witnessed strong opening and the index hit 10,153.83 points intra-day high level, up 107.26 points on the back of expectation regarding early
Published 17 Sep, 2010 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Thursday (September 16, 2010).

Published 17 Sep, 2010 12:00am
No-trust motion on the cards?

No-trust motion on the cards?

There are lots of speculations running rife in the federal capital that some forces outside the parliament want an in-house change by moving a no-confidence motion particularly through a key coalition partner against Prime Minister Syed Yousuf Raza Gilani
Published 17 Sep, 2010 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Thursday (September 16, 2010).

Published 17 Sep, 2010 12:00am
No-trust motion on the cards?

No-trust motion on the cards?

There are lots of speculations running rife in the federal capital that some forces outside the parliament want an in-house change by moving a no-confidence motion particularly through a key coalition partner against Prime Minister Syed Yousuf Raza Gilani
Published 17 Sep, 2010 12:00am
NJLI Sarmaya Growth Fund Rates

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Thursday (September 16, 2010).

Published 17 Sep, 2010 12:00am
'Technocracy' not acceptable: Gilani

'Technocracy' not acceptable: Gilani

Rejecting the rumours of any change mere speculations, Prime Minister Syed Yousuf Raza Gilani on Thursday categorically stated that with the present coalition government and the parliament having mandate of people through elections, every member of the pa
Published 17 Sep, 2010 12:00am
NJLI Sarmaya Growth Fund Rates

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Thursday (September 16, 2010).

Published 17 Sep, 2010 12:00am
'Technocracy' not acceptable: Gilani

'Technocracy' not acceptable: Gilani

Rejecting the rumours of any change mere speculations, Prime Minister Syed Yousuf Raza Gilani on Thursday categorically stated that with the present coalition government and the parliament having mandate of people through elections, every member of the pa
Published 17 Sep, 2010 12:00am
NJLI Sarmaya Growth Fund Rates

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Thursday (September 16, 2010).

Published 17 Sep, 2010 12:00am
Nawaz in favour of change

Nawaz in favour of change

While supporting a political change through Constitutional ways and means, the PML-N Chief has floated the idea of a 'Charter of Pakistan' with a view to drawing a grand strategy for the next 25 years.
Published 17 Sep, 2010 12:00am
NJLI Managed Growth Fund Rates

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Thursday (September 16, 2010).

Published 17 Sep, 2010 12:00am
Nawaz in favour of change

Nawaz in favour of change

While supporting a political change through Constitutional ways and means, the PML-N Chief has floated the idea of a 'Charter of Pakistan' with a view to drawing a grand strategy for the next 25 years.
Published 17 Sep, 2010 12:00am
NJLI Managed Growth Fund Rates

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Thursday (September 16, 2010).

Published 17 Sep, 2010 12:00am
Draft Corporate Rehab Law: PBA concerns addressed, insists Finance

Draft Corporate Rehab Law: PBA concerns addressed, insists Finance

The Finance Ministry insists that the concerns of Pakistan Banks Association (PBA) have been adequately addressed in the long awaited draft Corporate Rehabilitation Bill, 2010. Justifying the proposed legislation, Finance Ministry argues that the existing
Published 17 Sep, 2010 12:00am
NJLI Managed Growth Fund Rates

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Thursday (September 16, 2010).

Published 17 Sep, 2010 12:00am
Draft Corporate Rehab Law: PBA concerns addressed, insists Finance

Draft Corporate Rehab Law: PBA concerns addressed, insists Finance

The Finance Ministry insists that the concerns of Pakistan Banks Association (PBA) have been adequately addressed in the long awaited draft Corporate Rehabilitation Bill, 2010. Justifying the proposed legislation, Finance Ministry argues that the existing
Published 17 Sep, 2010 12:00am
Draft Corporate Rehab Law: PBA concerns addressed, insists Finance

Draft Corporate Rehab Law: PBA concerns addressed, insists Finance

The Finance Ministry insists that the concerns of Pakistan Banks Association (PBA) have been adequately addressed in the long awaited draft Corporate Rehabilitation Bill, 2010. Justifying the proposed legislation, Finance Ministry argues that the existing
Published 17 Sep, 2010 12:00am
Date for payment of taxes/duty extended up to September 25

Date for payment of taxes/duty extended up to September 25

The Federal Board of Revenue (FBR) has extended the date for payment of taxes/duty for the tax period August 2010, and filing of Sales Tax/FED returns, upto September 25, 2010. In this regard, the FBR on Thursday issued instructions to the Chief Commissio
Published 17 Sep, 2010 12:00am
Date for payment of taxes/duty extended up to September 25

Date for payment of taxes/duty extended up to September 25

The Federal Board of Revenue (FBR) has extended the date for payment of taxes/duty for the tax period August 2010, and filing of Sales Tax/FED returns, upto September 25, 2010. In this regard, the FBR on Thursday issued instructions to the Chief Commissio
Published 17 Sep, 2010 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (September 16, 2010).

Published 17 Sep, 2010 12:00am
Date for payment of taxes/duty extended up to September 25

Date for payment of taxes/duty extended up to September 25

The Federal Board of Revenue (FBR) has extended the date for payment of taxes/duty for the tax period August 2010, and filing of Sales Tax/FED returns, upto September 25, 2010. In this regard, the FBR on Thursday issued instructions to the Chief Commissio
Published 17 Sep, 2010 12:00am
FBR starts drafting Ordinance

FBR starts drafting Ordinance

The Federal Board of Revenue (FBR) on Thursday started drafting the Reformed General Sales Tax (RGST) Ordinance as the government has to promulgate it before September 20 in view of the fact that the President is not empowered to sign any Ordinance when t
Published 17 Sep, 2010 12:00am
FBR starts drafting Ordinance

FBR starts drafting Ordinance

The Federal Board of Revenue (FBR) on Thursday started drafting the Reformed General Sales Tax (RGST) Ordinance as the government has to promulgate it before September 20 in view of the fact that the President is not empowered to sign any Ordinance when t
Published 17 Sep, 2010 12:00am
FBR starts drafting Ordinance

FBR starts drafting Ordinance

The Federal Board of Revenue (FBR) on Thursday started drafting the Reformed General Sales Tax (RGST) Ordinance as the government has to promulgate it before September 20 in view of the fact that the President is not empowered to sign any Ordinance when t
Published 17 Sep, 2010 12:00am
IMF assured of RGST by October 1: Pepco to be disbanded by October 30

IMF assured of RGST by October 1: Pepco to be disbanded by October 30

The government has assured International Monetary Fund (IMF) of implementing reforms in power sector, including disbanding of Pakistan Electric Power Company (PEPCO) by October 30, besides the implementation of Reformed General Sales Tax (RGST) by October
Published 17 Sep, 2010 12:00am
IMF assured of RGST by October 1: Pepco to be disbanded by October 30

IMF assured of RGST by October 1: Pepco to be disbanded by October 30

The government has assured International Monetary Fund (IMF) of implementing reforms in power sector, including disbanding of Pakistan Electric Power Company (PEPCO) by October 30, besides the implementation of Reformed General Sales Tax (RGST) by October
Published 17 Sep, 2010 12:00am
IMF assured of RGST by October 1: Pepco to be disbanded by October 30

IMF assured of RGST by October 1: Pepco to be disbanded by October 30

The government has assured International Monetary Fund (IMF) of implementing reforms in power sector, including disbanding of Pakistan Electric Power Company (PEPCO) by October 30, besides the implementation of Reformed General Sales Tax (RGST) by October
Published 17 Sep, 2010 12:00am
US lawmakers express solidarity with Pakistan

US lawmakers express solidarity with Pakistan

The US House of Representatives approved a resolution on Thursday expressing solidarity with Pakistan following deadly floods that have devastated the South Asian nation. The resolution said the House "expresses its deepest condolences and sympathy to the
Published 17 Sep, 2010 12:00am
US lawmakers express solidarity with Pakistan

US lawmakers express solidarity with Pakistan

The US House of Representatives approved a resolution on Thursday expressing solidarity with Pakistan following deadly floods that have devastated the South Asian nation. The resolution said the House "expresses its deepest condolences and sympathy to the
Published 17 Sep, 2010 12:00am
EU to grant limited trade concessions

EU to grant limited trade concessions

European Union leaders agreed on Thursday to grant limited trade concessions to Pakistan to help it overcome the impact of devastating floods and maintain political stability, diplomats said. Pakistan will receive an "immediate and time-limited reduction"
Published 17 Sep, 2010 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (September 16, 2010).

Published 17 Sep, 2010 12:00am
EU to grant limited trade concessions

EU to grant limited trade concessions

European Union leaders agreed on Thursday to grant limited trade concessions to Pakistan to help it overcome the impact of devastating floods and maintain political stability, diplomats said. Pakistan will receive an "immediate and time-limited reduction"
Published 17 Sep, 2010 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (September 16, 2010).
Published 17 Sep, 2010 12:00am
EU to grant limited trade concessions

EU to grant limited trade concessions

European Union leaders agreed on Thursday to grant limited trade concessions to Pakistan to help it overcome the impact of devastating floods and maintain political stability, diplomats said. Pakistan will receive an "immediate and time-limited reduction"
Published 17 Sep, 2010 12:00am
Monetary policy on September 29

Monetary policy on September 29

The State Bank of Pakistan (SBP) will release Monetary Policy Statement (MPS) during last week of September, for next two months. Sources said that the central bank''s board is going to meet on September 16, 2010 at SBP head office Karachi to review the m
Published 17 Sep, 2010 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 Thursday (September 16, 2010).

Published 17 Sep, 2010 12:00am
Monetary policy on September 29

Monetary policy on September 29

The State Bank of Pakistan (SBP) will release Monetary Policy Statement (MPS) during last week of September, for next two months. Sources said that the central bank's board is going to meet on September 16, 2010 at SBP head office Karachi to review the mo
Published 17 Sep, 2010 12:00am
Monetary policy on September 29

Monetary policy on September 29

The State Bank of Pakistan (SBP) will release Monetary Policy Statement (MPS) during last week of September, for next two months. Sources said that the central bank's board is going to meet on September 16, 2010 at SBP head office Karachi to review the mo
Published 17 Sep, 2010 12:00am
India draws up new strategy to pacify held Kashmir

India draws up new strategy to pacify held Kashmir

Indian occupation forces said they have drawn up a new plan to tackle deadly unrest in occupied Kashmir as the government came under fire on Thursday over its handling of the crisis. The army, police and paramilitary occupation forces formulated a "joint
Published 17 Sep, 2010 12:00am
India draws up new strategy to pacify held Kashmir

India draws up new strategy to pacify held Kashmir

Indian occupation forces said they have drawn up a new plan to tackle deadly unrest in occupied Kashmir as the government came under fire on Thursday over its handling of the crisis. The army, police and paramilitary occupation forces formulated a "joint
Published 17 Sep, 2010 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 Thursday (September 16, 2010).

Published 17 Sep, 2010 12:00am
Dr Imran Farooq assassinated in London

Dr Imran Farooq assassinated in London

Senior leader of Muttahida Qaumi Movement and former chairman of Co-ordination Committee, Dr Imran Farooq was killed near his home in central London on Thursday. According to a private channel, some assassins attacked Dr Imran Farooq with knives near his
Published 17 Sep, 2010 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 Thursday (September 16, 2010).

Published 17 Sep, 2010 12:00am
Dr Imran Farooq assassinated in London

Dr Imran Farooq assassinated in London

Senior leader of Muttahida Qaumi Movement and former chairman of Co-ordination Committee, Dr Imran Farooq was killed near his home in central London on Thursday. According to a private channel, some assassins attacked Dr Imran Farooq with knives near his
Published 17 Sep, 2010 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 Thursday (September 16, 2010).

Published 17 Sep, 2010 12:00am
US toughens demands for China currency action

US toughens demands for China currency action

US Treasury Secretary Timothy Geithner on Thursday said it was "past time" for China to lift barriers to US exports, as he faced angry lawmakers'' demands for sanctions against Beijing. Geithner abandoned his previously restrained approach to bluntly warn
Published 17 Sep, 2010 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 17 Sep, 2010 12:00am
US toughens demands for China currency action

US toughens demands for China currency action

US Treasury Secretary Timothy Geithner on Thursday said it was "past time" for China to lift barriers to US exports, as he faced angry lawmakers' demands for sanctions against Beijing. Geithner abandoned his previously restrained approach to bluntly warn
Published 17 Sep, 2010 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 17 Sep, 2010 12:00am
US toughens demands for China currency action

US toughens demands for China currency action

US Treasury Secretary Timothy Geithner on Thursday said it was "past time" for China to lift barriers to US exports, as he faced angry lawmakers' demands for sanctions against Beijing. Geithner abandoned his previously restrained approach to bluntly warn
Published 17 Sep, 2010 12:00am
New York cotton

New York cotton

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

Published 17 Sep, 2010 12:00am
New York cotton

New York cotton

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

Published 17 Sep, 2010 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 105,782 tonnes of cargo including 87,030 tonnes of import cargo, 18,752 tonnes of export cargo, 4,360 loaded and empty containers during last 24 hours ended at 0700 hours on Thursday. The total import cargo of 87,030 tonnes compri
Published 17 Sep, 2010 12:00am
UK July wheat exports rise above 50 percent

UK July wheat exports rise above 50 percent

UK wheat exports during July, the first month of the 2010/11 marketing year, were 251,733 tonnes, up 52 percent from 165,636 tonnes in the same month last year, customs data showed on Wednesday. The total included an unusual sale of 58,314 tonnes to Vietn
Published 17 Sep, 2010 12:00am
Kenyan coffee prices fall

Kenyan coffee prices fall

The top price for Kenya's benchmark AA coffee grade fell to $222 per 50-kg bag at this week's auction from $367 per bag in the previous sale, the Nairobi Coffee Exchange said. The AA grade sold at $222-213 per bag compared with $367-$270 at last week's sa
Published 17 Sep, 2010 12:00am
Mixed trend on grain market

Mixed trend on grain market

Most of the items tended lower on the wholesale grain and seed market on Thursday as supply position improved after Eid-ul-Fitr holidays, dealers said. On the grams side prices moved both ways as guwar Sindh rose by Rs 50 to Rs 3900-4000, Guwar Punjab fol
Published 17 Sep, 2010 12:00am
Russia harvests 51 million tonnes of grain; down 34 percent

Russia harvests 51 million tonnes of grain; down 34 percent

Russia, devastated by a severe drought, had harvested 51 million tonnes of grain by bunker weight by September 15, down 34 percent from a year ago, Agriculture Ministry data showed on Wednesday. Russia's worst drought in more than century has sparked a ra
Published 17 Sep, 2010 12:00am
Oil cake market rates

Oil cake market rates

Rising trend persisted on the forward cottonseed oilcake market on Thursday in the process of trading, dealers said. The December vaida that closed at Rs 1113.00 opened with no change at the same rate, dealers said.
Published 17 Sep, 2010 12:00am
Bullish trend persists on cotton market on acute shortage

Bullish trend persists on cotton market on acute shortage

Upward trend persisted on the cotton market on Thursday due to acute shortage of cotton, dealers said. The Karachi Cotton Association (KCA) official spot rate was extended, picking up further Rs 150 to Rs 6,850, they said. In the ready business nearly 170
Published 17 Sep, 2010 12:00am
Cotton prices hit the stratosphere

Cotton prices hit the stratosphere

After mulling over the past couple of weeks trying to seek a direction, cotton futures in New York (ICE) reached sky high this week shattering the ninety cents per pound ceiling for the active December 2010 contract and is now possibly scheming to go beyo
Published 17 Sep, 2010 12:00am
Cotton prices hit the stratosphere

Cotton prices hit the stratosphere

After mulling over the past couple of weeks trying to seek a direction, cotton futures in New York (ICE) reached sky high this week shattering the ninety cents per pound ceiling for the active December 2010 contract and is now possibly scheming to go beyo
Published 17 Sep, 2010 12:00am
Eurozone trade surplus up

Eurozone trade surplus up

The 16-nation eurozone returned an improved global trade surplus in July, the EU said Thursday, although signs of drops in seasonally-adjusted trade data gave rise to some concern. A first estimate gave a 6.7-billion-euro surplus (8.7 billion dollars), up
Published 17 Sep, 2010 12:00am
UK retail sales fall for first time since January

UK retail sales fall for first time since January

British retail sales fell unexpectedly in August for the first time in seven months, in a sign the recovery may be stalling even as some of the country's biggest stores announced jumps in profits. The Office for National Statistics said on Thursday that s
Published 17 Sep, 2010 12:00am
FedEx profit lags Street view

FedEx profit lags Street view

FedEx Corp forecast profit for the current quarter that missed expectations and its CEO warned that the economic recovery's pace may slow, pushing shares down more than 3 percent. The company, seen as an economic bellwether because its planes and trucks s
Published 17 Sep, 2010 12:00am
FedEx profit lags Street view

FedEx profit lags Street view

FedEx Corp forecast profit for the current quarter that missed expectations and its CEO warned that the economic recovery's pace may slow, pushing shares down more than 3 percent. The company, seen as an economic bellwether because its planes and trucks s
Published 17 Sep, 2010 12:00am
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