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Print - 2011-05-28
India, France discuss pending fighter jet deals

India, France discuss pending fighter jet deals

France's defence minister made a final pitch for his country's fighter jet on a visit to India on Friday, hoping to secure a lucrative contract with the world's biggest arms importer. India says it's nearing a decision on which fighter jets it will buy, h
Published 28 May, 2011 12:00am
NASA makes history with spacewalk, station finale

NASA makes history with spacewalk, station finale

NASA astronauts made history twice on Friday, venturing on the final spacewalk of the agency's 30-year shuttle program and completing assembly of the $100 billion International Space Station. Astronauts Mike Fincke and Greg Chamitoff floated outside the o
Published 28 May, 2011 12:00am
NASA makes history with spacewalk, station finale

NASA makes history with spacewalk, station finale

NASA astronauts made history twice on Friday, venturing on the final spacewalk of the agency's 30-year shuttle program and completing assembly of the $100 billion International Space Station. Astronauts Mike Fincke and Greg Chamitoff floated outside the o
Published 28 May, 2011 12:00am
China sets up military cyber-warfare team

China sets up military cyber-warfare team

China's military has set up an elite Internet security task force tasked with fending off cyberattacks, state media reported Friday, denying that the initiative is intended to create a "hacker army". The People's Liberation Army has reportedly invested te
Published 28 May, 2011 12:00am
China sets up military cyber-warfare team

China sets up military cyber-warfare team

China's military has set up an elite Internet security task force tasked with fending off cyberattacks, state media reported Friday, denying that the initiative is intended to create a "hacker army". The People's Liberation Army has reportedly invested te
Published 28 May, 2011 12:00am
23 militants killed

23 militants killed

Fighter jets pounded militant hide-outs in the country's north-western on Friday, killing 23 suspected insurgents, a government official said. Local government official Javed Khan said the attacks targeted insurgents in the Orakzai and Kurram tribal regio
Published 28 May, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (May 27, 2011).

Published 28 May, 2011 12:00am
23 militants killed

23 militants killed

Fighter jets pounded militant hide-outs in the country's north-western on Friday, killing 23 suspected insurgents, a government official said. Local government official Javed Khan said the attacks targeted insurgents in the Orakzai and Kurram tribal regio
Published 28 May, 2011 12:00am
Local auto makers cut production: sales down due to old cars'' import

Local auto makers cut production: sales down due to old cars'' import

The local automakers have cut their production capacity to almost half as imported used cars have slashed the sales of locally made cars, according to industry sources here. The current scenario of local auto industry poses no optimism in view of clear in
Published 28 May, 2011 12:00am
Local auto makers cut production: sales down due to old cars' import

Local auto makers cut production: sales down due to old cars' import

The local automakers have cut their production capacity to almost half as imported used cars have slashed the sales of locally made cars, according to industry sources here. The current scenario of local auto industry poses no optimism in view of clear in
Published 28 May, 2011 12:00am
Local auto makers cut production: sales down due to old cars' import

Local auto makers cut production: sales down due to old cars' import

The local automakers have cut their production capacity to almost half as imported used cars have slashed the sales of locally made cars, according to industry sources here. The current scenario of local auto industry poses no optimism in view of clear in
Published 28 May, 2011 12:00am
Lech Walesa snubs Obama

Lech Walesa snubs Obama

Lech Walesa, Poland's Solidarity-era leader, ex-president and 1983 Nobel Peace Prize winner said Friday he would not accept an invitation to meet fellow Nobel winner US President Barack Obama. "I expect this meeting would only amount to a photo opportunit
Published 28 May, 2011 12:00am
Lech Walesa snubs Obama

Lech Walesa snubs Obama

Lech Walesa, Poland's Solidarity-era leader, ex-president and 1983 Nobel Peace Prize winner said Friday he would not accept an invitation to meet fellow Nobel winner US President Barack Obama. "I expect this meeting would only amount to a photo opportunit
Published 28 May, 2011 12:00am
Presentation

Presentation

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

Published 28 May, 2011 12:00am
35 feared dead as bus plunges into river

35 feared dead as bus plunges into river

Some 35 persons were feared killed when a passenger bus skidded off road and plunged into the Neelam River in Neelam Valley district of Azad Jammu Kashmir on Friday, official sources said. The ill-fated private passenger bus (LF 136) with 35 passengers on
Published 28 May, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 28 May, 2011 12:00am
35 feared dead as bus plunges into river

35 feared dead as bus plunges into river

Some 35 persons were feared killed when a passenger bus skidded off road and plunged into the Neelam River in Neelam Valley district of Azad Jammu Kashmir on Friday, official sources said. The ill-fated private passenger bus (LF 136) with 35 passengers on
Published 28 May, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 28 May, 2011 12:00am
Equities move both ways on ISE

Equities move both ways on ISE

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an increase of 3.94 points, as the Index moved from 2,746.61 to 2,750.5
Published 28 May, 2011 12:00am
Equities move both ways on ISE

Equities move both ways on ISE

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an increase of 3.94 points, as the Index moved from 2,746.61 to 2,750.5
Published 28 May, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 28 May, 2011 12:00am
Bullish sentiments dominate on LSE

Bullish sentiments dominate on LSE

Bullish sentiments dominated on the Lahore Stock Exchange (LSE) on Friday where equities registered gains amid decreased trading turnover because of the investors' behaviour who adopted conscious approach ahead of weekend. The LSE-25 index was increased b
Published 28 May, 2011 12:00am
Bullish sentiments dominate on LSE

Bullish sentiments dominate on LSE

Bullish sentiments dominated on the Lahore Stock Exchange (LSE) on Friday where equities registered gains amid decreased trading turnover because of the investors' behaviour who adopted conscious approach ahead of weekend. The LSE-25 index was increased b
Published 28 May, 2011 12:00am
Power supply to Balochistan disrupted

Power supply to Balochistan disrupted

Power supply to parts of Balochistan was disrupted as Guddu Thermal power plant developed some technical fault on Friday evening. Quetta Electric Supply Company sources told APP that a team of engineers had been deployed to remove the fault in order to en
Published 28 May, 2011 12:00am
BRIndex30 up 16.95 points

BRIndex30 up 16.95 points

On Friday, the BRIndex30 opened at 8,838.12 points. It touched the intra-day high of 8,877.12 points and low of 8,821.16 points and closed at 8,855.07 points, with a net positive change of 16.95 points, or 0.19 percent higher than previous close. The volu
Published 28 May, 2011 12:00am
BRIndex30 up 16.95 points

BRIndex30 up 16.95 points

On Friday, the BRIndex30 opened at 8,838.12 points. It touched the intra-day high of 8,877.12 points and low of 8,821.16 points and closed at 8,855.07 points, with a net positive change of 16.95 points, or 0.19 percent higher than previous close. The volu
Published 28 May, 2011 12:00am
Index gains 27.4 points

Index gains 27.4 points

After an initial setback, the KSE-100 index on Friday managed to close in positive at 12,225.52 points with a net gain of 27.40 points on the back of foreign investors support. Although the market witnessed a mixed trend throughout the session and the ind
Published 28 May, 2011 12:00am
Index gains 27.4 points

Index gains 27.4 points

After an initial setback, the KSE-100 index on Friday managed to close in positive at 12,225.52 points with a net gain of 27.40 points on the back of foreign investors support. Although the market witnessed a mixed trend throughout the session and the ind
Published 28 May, 2011 12:00am
Index gains 27.4 points

Index gains 27.4 points

After an initial setback, the KSE-100 index on Friday managed to close in positive at 12,225.52 points with a net gain of 27.40 points on the back of foreign investors support. Although the market witnessed a mixed trend throughout the session and the ind
Published 28 May, 2011 12:00am
New tax measures to generate Rs 70-80 billion

New tax measures to generate Rs 70-80 billion

The increase in tax rates and withdrawal of sales tax/federal excise exemptions and zero-ratings would generate revenue of around Rs 70-80 billion to meet the projected revenue collection target of Rs 1,952 billion for 2011-12.
Published 28 May, 2011 12:00am
New tax measures to generate Rs 70-80 billion

New tax measures to generate Rs 70-80 billion

The increase in tax rates and withdrawal of sales tax/federal excise exemptions and zero-ratings would generate revenue of around Rs 70-80 billion to meet the projected revenue collection target of Rs 1,952 billion for 2011-12.
Published 28 May, 2011 12:00am
New tax measures to generate Rs 70-80 billion

New tax measures to generate Rs 70-80 billion

The increase in tax rates and withdrawal of sales tax/federal excise exemptions and zero-ratings would generate revenue of around Rs 70-80 billion to meet the projected revenue collection target of Rs 1,952 billion for 2011-12.
Published 28 May, 2011 12:00am
SBP abolishes bank service charges

SBP abolishes bank service charges

In a major move to accord maximum facilities to the account holders, the State Bank of Pakistan has decided to prohibit all banks from levying any service charges for opening and maintenance of regular savings accounts with effect from July 1, 2011.
Published 28 May, 2011 12:00am
SBP abolishes bank service charges

SBP abolishes bank service charges

In a major move to accord maximum facilities to the account holders, the State Bank of Pakistan has decided to prohibit all banks from levying any service charges for opening and maintenance of regular savings accounts with effect from July 1, 2011.
Published 28 May, 2011 12:00am
SBP abolishes bank service charges

SBP abolishes bank service charges

In a major move to accord maximum facilities to the account holders, the State Bank of Pakistan has decided to prohibit all banks from levying any service charges for opening and maintenance of regular savings accounts with effect from July 1, 2011.
Published 28 May, 2011 12:00am
2005 to 2010: fiscal deficit targets remained elusive

2005 to 2010: fiscal deficit targets remained elusive

Finance Ministry has conceded that it failed to achieve fiscal deficit targets pronounced in the budget speeches of Finance Ministers for the last five consecutive financial years (from 2005 to 2010). Official documents reveal that the Finance Ministry ha
Published 28 May, 2011 12:00am
2005 to 2010: fiscal deficit targets remained elusive

2005 to 2010: fiscal deficit targets remained elusive

Finance Ministry has conceded that it failed to achieve fiscal deficit targets pronounced in the budget speeches of Finance Ministers for the last five consecutive financial years (from 2005 to 2010). Official documents reveal that the Finance Ministry ha
Published 28 May, 2011 12:00am
2005 to 2010: fiscal deficit targets remained elusive

2005 to 2010: fiscal deficit targets remained elusive

Finance Ministry has conceded that it failed to achieve fiscal deficit targets pronounced in the budget speeches of Finance Ministers for the last five consecutive financial years (from 2005 to 2010). Official documents reveal that the Finance Ministry ha
Published 28 May, 2011 12:00am
Services deficit narrows down by 28 percent

Services deficit narrows down by 28 percent

With the support of massive rise in exports, the country''s services trade deficit shrunk by 28 percent to $1.4 billion during ten months of current fiscal year. The sharp decline in the services sector deficit also supported the country''s current accoun
Published 28 May, 2011 12:00am
Services deficit narrows down by 28 percent

Services deficit narrows down by 28 percent

With the support of massive rise in exports, the country's services trade deficit shrunk by 28 percent to $1.4 billion during ten months of current fiscal year. The sharp decline in the services sector deficit also supported the country's current account
Published 28 May, 2011 12:00am
Services deficit narrows down by 28 percent

Services deficit narrows down by 28 percent

With the support of massive rise in exports, the country's services trade deficit shrunk by 28 percent to $1.4 billion during ten months of current fiscal year. The sharp decline in the services sector deficit also supported the country's current account
Published 28 May, 2011 12:00am
Airbase attack probe findings to be shared with coalition partners

Airbase attack probe findings to be shared with coalition partners

To share with its coalition partners the findings of preliminary inquiry report regarding terror attack on PNS Mehran, Prime Minister Yusuf Raza Gilani will convene a special Cabinet meeting, however, the date of the meeting has not been decided as yet. G
Published 28 May, 2011 12:00am
Airbase attack probe findings to be shared with coalition partners

Airbase attack probe findings to be shared with coalition partners

To share with its coalition partners the findings of preliminary inquiry report regarding terror attack on PNS Mehran, Prime Minister Yusuf Raza Gilani will convene a special Cabinet meeting, however, the date of the meeting has not been decided as yet. G
Published 28 May, 2011 12:00am
Cabinet decides to start IDBP winding-up process

Cabinet decides to start IDBP winding-up process

The Cabinet in its meeting on Friday approved initiation of winding up of the Industrial Development Bank of Pakistan (IDBP) along with its liquidation. The Cabinet meeting was held under the chairmanship of Prime Minister Yousuf Raza Gilani. It agreed in
Published 28 May, 2011 12:00am
Cabinet decides to start IDBP winding-up process

Cabinet decides to start IDBP winding-up process

The Cabinet in its meeting on Friday approved initiation of winding up of the Industrial Development Bank of Pakistan (IDBP) along with its liquidation. The Cabinet meeting was held under the chairmanship of Prime Minister Yousuf Raza Gilani. It agreed in
Published 28 May, 2011 12:00am
Cabinet decides to start IDBP winding-up process

Cabinet decides to start IDBP winding-up process

The Cabinet in its meeting on Friday approved initiation of winding up of the Industrial Development Bank of Pakistan (IDBP) along with its liquidation. The Cabinet meeting was held under the chairmanship of Prime Minister Yousuf Raza Gilani. It agreed in
Published 28 May, 2011 12:00am
Economic Survey to unveil 14.1 percent inflation

Economic Survey to unveil 14.1 percent inflation

The Economic Survey 2010-11 will unveil 14.1 percent inflation--4.6 percent higher than the target set for the current fiscal year. Sources told Business Recorder here on Friday that inflation target for 2010-11 was set at 9.5 percent but has been
Published 28 May, 2011 12:00am
Economic Survey to unveil 14.1 percent inflation

Economic Survey to unveil 14.1 percent inflation

The Economic Survey 2010-11 will unveil 14.1 percent inflation--4.6 percent higher than the target set for the current fiscal year. Sources told Business Recorder here on Friday that inflation target for 2010-11 was set at 9.5 percent but has been
Published 28 May, 2011 12:00am
Economic Survey to unveil 14.1 percent inflation

Economic Survey to unveil 14.1 percent inflation

The Economic Survey 2010-11 will unveil 14.1 percent inflation--4.6 percent higher than the target set for the current fiscal year. Sources told Business Recorder here on Friday that inflation target for 2010-11 was set at 9.5 percent but has been
Published 28 May, 2011 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (May 27, 2011).

Published 28 May, 2011 12:00am
Planning Commission seeks a limit on government borrowings

Planning Commission seeks a limit on government borrowings

As the National Economic Council (NEC) is meeting today (Saturday) to fix 4.2% growth target and approve development spending for the next fiscal year, the Planning Commission has proposed to the apex economic decisions making body to limit the government
Published 28 May, 2011 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (May 27, 2011).
Published 28 May, 2011 12:00am
Planning Commission seeks a limit on government borrowings

Planning Commission seeks a limit on government borrowings

As the National Economic Council (NEC) is meeting today (Saturday) to fix 4.2% growth target and approve development spending for the next fiscal year, the Planning Commission has proposed to the apex economic decisions making body to limit the government
Published 28 May, 2011 12:00am
Planning Commission seeks a limit on government borrowings

Planning Commission seeks a limit on government borrowings

As the National Economic Council (NEC) is meeting today (Saturday) to fix 4.2% growth target and approve development spending for the next fiscal year, the Planning Commission has proposed to the apex economic decisions making body to limit the government
Published 28 May, 2011 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 Friday (May 27, 2011).

Published 28 May, 2011 12:00am
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