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Apr 27, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2011-06-08
US MIDDAY: wheat falls; soya and corn up

US MIDDAY: wheat falls; soya and corn up

US wheat futures fell to a three-week low early on Tuesday as the harvest got under way in the southern US Plains and growing conditions improved in parched regions in Europe. Corn and soyabean futures edged higher, rebounding from Monday's sharp losses,
Published 08 Jun, 2011 12:00am
Malaysian palm oil slips

Malaysian palm oil slips

Malaysian palm oil slipped to a near three-week low on Tuesday as technical selling and weak comparative markets weighed on prices, while investors positioned themselves ahead of a flurry of data due at the end of the week. The benchmark August crude palm
Published 08 Jun, 2011 12:00am
US copper soars

US copper soars

Copper ended on firmer footing on Monday, buoyed by a softer dollar and output disruptions in Chile, the world's top producer. In New York, the July COMEX copper contract firmed 0.75 cent to settle at $4.1420 per lb. Despite the positive finish, trading v
Published 08 Jun, 2011 12:00am
Shanghai copper falls

Shanghai copper falls

The most active contract on the Shanghai Futures Exchange, August, fell 0.2 percent to 68,260 yuan per tonne on Tuesday. The price gap between the two markets widened to 1,000 yuan from 500 yuan on Friday. Shanghai lead rose 0.8 percent to 17,030 yuan, ch
Published 08 Jun, 2011 12:00am
Copper steadies

Copper steadies

Copper steadied on Tuesday as patchy US economic data fuelled concerns over an economic slowdown and reduced risk appetite but a soft dollar and supply concerns lent some support. Benchmark copper on the London Metal Exchange closed at $9,140 a tonne, onl
Published 08 Jun, 2011 12:00am
Tokyo, Shanghai rubber climb

Tokyo, Shanghai rubber climb

Key Tokyo rubber futures settled slightly higher in thin trade on Tuesday after a rally in Shagnhai and solid Tokyo share prices lifted the market from negative territory, though concerns of a slowdown in demand capped gains. The key Tokyo Commodity Excha
Published 08 Jun, 2011 12:00am
Liffe coffee ends higher

Liffe coffee ends higher

Liffe September robusta coffee ended up $30 at $2,479 on Tuesday. Market boosted by the weaker dollar. Liffe August white sugar closes $2.00 lower at $694.20 a tonne, underpinned by tight supplies. Liffe September cocoa ended 9 pounds higher at 1,802 poun
Published 08 Jun, 2011 12:00am
Oil rises on dollar

Oil rises on dollar

Oil prices rose on Tuesday on a lift from a weaker dollar and Middle East conflicts that also pushed Brent crude's premium to US crude to a record above $17 a barrel. US crude futures settled slightly higher after seesawing as news that Saudi Arabia plann
Published 08 Jun, 2011 12:00am
US gold hits one-month high

US gold hits one-month high

Gold rose to its highest price in more than a month on Monday, as fears of a slowing US economy and expectations that Federal Reserve monetary policy would remain easy prompted safe-haven demand. Bullion has gained nearly 6 percent in the past three weeks
Published 08 Jun, 2011 12:00am
Gold ticks up in Asia

Gold ticks up in Asia

Gold inched up on Tuesday, after rising to its strongest in more than a month in the previous session, as fears about a slowing US economy prompted purchases from investors seeking an alternative investment. Gold added $2.45 at $1,545.50 an ounce by 0600
Published 08 Jun, 2011 12:00am
Gold rises in Europe

Gold rises in Europe

Gold firmed on Tuesday as the dollar slid to a one-month low against a basket of currencies after warnings from a Chinese foreign exchange official of the risks of holding too many dollars. Spot gold was bid at $1,545.29 an ounce at 1406 GMT against $1,54
Published 08 Jun, 2011 12:00am
US MIDDAY: coffee, sugar and cocoa up

US MIDDAY: coffee, sugar and cocoa up

Arabica coffee futures bounced higher early on Tuesday, lifted by a weak US dollar, following two volatile sessions. The key July raw sugar contract climbed 0.76 cent, or 3.2 percent, to end at 24.35 cents per lb, the highest settlement for the spot contr
Published 08 Jun, 2011 12:00am
Capital police nab 13 suspects

Capital police nab 13 suspects

Islamabad Police have arrested 13 outlaws from different parts of the federal capital and recovered four pistols, 6.250 kg charas, 15 bottles of liquor, mobile phones and looted items from their possession, said a spokesman of Islamabad Police on Tuesday.
Published 08 Jun, 2011 12:00am
US MIDDAY: gold slips

US MIDDAY: gold slips

Gold fell on Tuesday, as steadier stock markets prompted some investors to take profits from bullion, pulling it off a one-month high hit the previous session on worries about a US economic slowdown. Gold has gained 5 percent in the past three weeks, boos
Published 08 Jun, 2011 12:00am
Jamaat-e-Islami extends membership drive till June 30

Jamaat-e-Islami extends membership drive till June 30

Jamaat-e-Islami (JI) Khyber Pakhtunkhwa has extended the membership drive till June 30, following a great response from the people of the province. More than, 7,43,784 people of have become members of the JI in the province, said Shabbir Ahmad Khan while
Published 08 Jun, 2011 12:00am
Official's killing compels KESC to close down its offices

Official's killing compels KESC to close down its offices

After the killing of its senior security official, Karachi Electric Supply Company (KESC) has closed down its Business Management Centres (BMCs) in the city and shifted some important departments to its head office, Business Recorder has learnt her
Published 08 Jun, 2011 12:00am
ICMAP seminar

ICMAP seminar

Karachi Branch Council (KBC) under the aegis of the Institute of Cost and Management Accountants of Pakistan (ICMAP) is organising a seminar on "Post Budget 2011-12" on Wednesday. Khawaja Tanveer Ahmed, commissioner Inland Revenue, RTO, will be the chief
Published 08 Jun, 2011 12:00am
Rs 1.439 billion black tea imported in May

Rs 1.439 billion black tea imported in May

Pakistan imported 7 million kg of black tea worth Rs 1.439 billion ($16.695 million) from 16 different countries in May 2011. Kenya remained the major tea exporter to Pakistan with a share of 49.31 percent in the total trade of this commodity during the m
Published 08 Jun, 2011 12:00am
SNP activist among four gunned down

SNP activist among four gunned down

At least four persons including an activist of Sindh National Party (SNP) were gunned down in separate incidents at various parts of the metropolis here on Tuesday. According to details, an activist of SNP was shot dead while the other was injured near wi
Published 08 Jun, 2011 12:00am
No relief for common man in the budget: traders

No relief for common man in the budget: traders

Traders as well as common people have complained that the government has not provided any sort of relief to common man in the budget. In a survey carried out by Business Recorder here on Tuesday they said that the government has not taken serious s
Published 08 Jun, 2011 12:00am
Gilani for early conclusion of FTA with US

Gilani for early conclusion of FTA with US

Prime Minister Syed Yousuf Raza Gilani on Tuesday called for an early conclusion of Free Trade Agreement (FTA) between Pakistan and United States to promote economic activity. Talking to a US Congressional delegation led by Doug Lamborn at the PM House, t
Published 08 Jun, 2011 12:00am
Kayani visits Command & Staff College Quetta

Kayani visits Command & Staff College Quetta

Chief of the Army Staff, General Ashfaq Parvez Kayani visited Command and Staff College Quetta on Tuesday. He addressed the officers on the matters of professional interest, said an ISPR press release here. The address was followed by an extensive interac
Published 08 Jun, 2011 12:00am
Corruption is the biggest threat being faced by country, seminar told

Corruption is the biggest threat being faced by country, seminar told

Quaid-i-Azam University (QAU) Vice Chancellor Professor Dr Masoom Yasinzai said that corruption is the biggest threat being faced by the country today. "In every field of life you have come across the menace of corruption. It is the youth which has to fig
Published 08 Jun, 2011 12:00am
Pakistan and India decide to ease visa restrictions

Pakistan and India decide to ease visa restrictions

India High Commissioner in Pakistan, Sharat Subharwal, has said that a breakthrough in bilateral relations between India and Pakistan is expected as both countries have decided to ease visa restrictions.
Published 08 Jun, 2011 12:00am
Haqooq-e-Balochistan Package: one-fourth of 61 proposals implemented

Haqooq-e-Balochistan Package: one-fourth of 61 proposals implemented

The government has implemented one-fourth of 61 proposals contained in the Haqooq-e-Balochistan package, sources told Business Recorder, here on Tuesday. Senator Mian Raza Rabbani prepared the package that was divided into five categories: constitutional,
Published 08 Jun, 2011 12:00am
Haqooq-e-Balochistan Package: one-fourth of 61 proposals implemented

Haqooq-e-Balochistan Package: one-fourth of 61 proposals implemented

The government has implemented one-fourth of 61 proposals contained in the Haqooq-e-Balochistan package, sources told Business Recorder, here on Tuesday. Senator Mian Raza Rabbani prepared the package that was divided into five categories: constitutional,
Published 08 Jun, 2011 12:00am
Haqooq-e-Balochistan Package: one-fourth of 61 proposals implemented

Haqooq-e-Balochistan Package: one-fourth of 61 proposals implemented

The government has implemented one-fourth of 61 proposals contained in the Haqooq-e-Balochistan package, sources told Business Recorder, here on Tuesday. Senator Mian Raza Rabbani prepared the package that was divided into five categories: constitutional,
Published 08 Jun, 2011 12:00am
Rs 85.23 billion irregularities detected in MoW&P

Rs 85.23 billion irregularities detected in MoW&P

Auditor General of Pakistan (AGP) has detected irregularities, embezzlements and mismanagement of more than Rs 85.23 billion in Ministry of Water and Power. The AGP, however, did not consider Rs 882.12 million reflecting internal control weaknesses and ir
Published 08 Jun, 2011 12:00am
Rs 85.23 billion irregularities detected in MoW&P

Rs 85.23 billion irregularities detected in MoW&P

Auditor General of Pakistan (AGP) has detected irregularities, embezzlements and mismanagement of more than Rs 85.23 billion in Ministry of Water and Power. The AGP, however, did not consider Rs 882.12 million reflecting internal control weaknesses and ir
Published 08 Jun, 2011 12:00am
Rs 85.23 billion irregularities detected in MoW&P

Rs 85.23 billion irregularities detected in MoW&P

Auditor General of Pakistan (AGP) has detected irregularities, embezzlements and mismanagement of more than Rs 85.23 billion in Ministry of Water and Power. The AGP, however, did not consider Rs 882.12 million reflecting internal control weaknesses and ir
Published 08 Jun, 2011 12:00am
Index surges by 103.34 points

Index surges by 103.34 points

A bullish trend was witnessed on the Karachi share market on Tuesday as the KSE-100 index surged by 103.34 points to close at 12,314.99 points. Trading also improved and the volume at ready counter increased to 100.016 million shares as compared to 95.854
Published 08 Jun, 2011 12:00am
Index surges by 103.34 points

Index surges by 103.34 points

A bullish trend was witnessed on the Karachi share market on Tuesday as the KSE-100 index surged by 103.34 points to close at 12,314.99 points. Trading also improved and the volume at ready counter increased to 100.016 million shares as compared to 95.854
Published 08 Jun, 2011 12:00am
Index surges by 103.34 points

Index surges by 103.34 points

A bullish trend was witnessed on the Karachi share market on Tuesday as the KSE-100 index surged by 103.34 points to close at 12,314.99 points. Trading also improved and the volume at ready counter increased to 100.016 million shares as compared to 95.854
Published 08 Jun, 2011 12:00am
BRIndex30 up 115.98 points

BRIndex30 up 115.98 points

On Tuesday, the BRIndex30 opened at 8,786.10 points and remained in positive throughout the trading session. It touched the intra-day high of 8,938.48 points and low of 8,786.10 points and closed at 8,902.08 points with a net positive change of 115.98 poi
Published 08 Jun, 2011 12:00am
BRIndex30 up 115.98 points

BRIndex30 up 115.98 points

On Tuesday, the BRIndex30 opened at 8,786.10 points and remained in positive throughout the trading session. It touched the intra-day high of 8,938.48 points and low of 8,786.10 points and closed at 8,902.08 points with a net positive change of 115.98 poi
Published 08 Jun, 2011 12:00am
Lahore hit by petrol shortage

Lahore hit by petrol shortage

People in Lahore on Tuesday faced petrol shortages as long queues of vehicles were seen at petrol pumps where petrol was available. There was a two-day gas loadshedding of CNG stations, which added to the miseries of people. Due to unavailability of gas a
Published 08 Jun, 2011 12:00am
Lahore hit by petrol shortage

Lahore hit by petrol shortage

People in Lahore on Tuesday faced petrol shortages as long queues of vehicles were seen at petrol pumps where petrol was available. There was a two-day gas loadshedding of CNG stations, which added to the miseries of people. Due to unavailability of gas a
Published 08 Jun, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 08 Jun, 2011 12:00am
Lahore hit by petrol shortage

Lahore hit by petrol shortage

People in Lahore on Tuesday faced petrol shortages as long queues of vehicles were seen at petrol pumps where petrol was available. There was a two-day gas loadshedding of CNG stations, which added to the miseries of people. Due to unavailability of gas a
Published 08 Jun, 2011 12:00am
Met office releases cyclone advisory

Met office releases cyclone advisory

In its update on tropical cyclone formation in the Arabian Sea, the Meteorological Department has said that "Tuesday's well marked low pressure area in Eastern Arabian Sea is likely to intensify into a Depression (strong weather system) on Wednesday (toda
Published 08 Jun, 2011 12:00am
Bernanke sees 'loss of momentum' in jobs market

Bernanke sees 'loss of momentum' in jobs market

After a slew of wretched economic news, Federal Reserve Chairman Ben Bernanke warned Tuesday there had been a "loss of momentum" in the US jobs market. Two years into a slow and largely jobless recovery, Bernanke predicted employment growth would eventual
Published 08 Jun, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 08 Jun, 2011 12:00am
Bernanke sees 'loss of momentum' in jobs market

Bernanke sees 'loss of momentum' in jobs market

After a slew of wretched economic news, Federal Reserve Chairman Ben Bernanke warned Tuesday there had been a "loss of momentum" in the US jobs market. Two years into a slow and largely jobless recovery, Bernanke predicted employment growth would eventual
Published 08 Jun, 2011 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 08 Jun, 2011 12:00am
Bernanke sees ''loss of momentum'' in jobs market

Bernanke sees ''loss of momentum'' in jobs market

After a slew of wretched economic news, Federal Reserve Chairman Ben Bernanke warned Tuesday there had been a "loss of momentum" in the US jobs market. Two years into a slow and largely jobless recovery, Bernanke predicted employment growth would eventual
Published 08 Jun, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 08 Jun, 2011 12:00am
Shahbaz Bhatti's killers managed to flee country

Shahbaz Bhatti's killers managed to flee country

Inspector General of Police (IGP) Islamabad Wajid Ali Durrani has disclosed that the killers of Federal Minister for Minority Affairs Shahbaz Bhatti have managed to flee the country.
Published 08 Jun, 2011 12:00am
Presentation

Presentation

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

Published 08 Jun, 2011 12:00am
Shahbaz Bhatti's killers managed to flee country

Shahbaz Bhatti's killers managed to flee country

Inspector General of Police (IGP) Islamabad Wajid Ali Durrani has disclosed that the killers of Federal Minister for Minority Affairs Shahbaz Bhatti have managed to flee the country.
Published 08 Jun, 2011 12:00am
Delay in May 2 commission beyond comprehension: Nawaz

Delay in May 2 commission beyond comprehension: Nawaz

PML-N Quaid Muhammad Nawaz Sharif on Tuesday said the delay in the formation of a commission on Abbottabad incident was beyond comprehension and it would be better for the government to announce setting up of a commission at the earliest. Talking to newsm
Published 08 Jun, 2011 12:00am
Delay in May 2 commission beyond comprehension: Nawaz

Delay in May 2 commission beyond comprehension: Nawaz

PML-N Quaid Muhammad Nawaz Sharif on Tuesday said the delay in the formation of a commission on Abbottabad incident was beyond comprehension and it would be better for the government to announce setting up of a commission at the earliest. Talking to newsm
Published 08 Jun, 2011 12:00am
Shahid Afridi: PCB restrained from holding disciplinary meeting

Shahid Afridi: PCB restrained from holding disciplinary meeting

Sindh High Court has forbidden Pakistan Cricket Board to hold disciplinary meeting on Wednesday (today) in Lahore against former Pakistan cricket team captain Shahid Khan Afridi. The ruling of SHC came on a constitutional petition filed by Shahid Afridi,
Published 08 Jun, 2011 12:00am
Shahid Afridi: PCB restrained from holding disciplinary meeting

Shahid Afridi: PCB restrained from holding disciplinary meeting

Sindh High Court has forbidden Pakistan Cricket Board to hold disciplinary meeting on Wednesday (today) in Lahore against former Pakistan cricket team captain Shahid Khan Afridi. The ruling of SHC came on a constitutional petition filed by Shahid Afridi,
Published 08 Jun, 2011 12:00am
Pakistan, India, Arbitration Court team to inspect Kishanganga site

Pakistan, India, Arbitration Court team to inspect Kishanganga site

A high level 30-member delegation, comprising 10 members each of Court of Arbitration, India and Pakistan, is scheduled to visit the 330 mw Kishanganga hydropower and storage project, being built by India in Bandipora district of Occupied Kashmir next wee
Published 08 Jun, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (June 07, 2011).

Published 08 Jun, 2011 12:00am
Pakistan, India, Arbitration Court team to inspect Kishanganga site

Pakistan, India, Arbitration Court team to inspect Kishanganga site

A high level 30-member delegation, comprising 10 members each of Court of Arbitration, India and Pakistan, is scheduled to visit the 330 mw Kishanganga hydropower and storage project, being built by India in Bandipora district of Occupied Kashmir next wee
Published 08 Jun, 2011 12:00am
Pakistan, India, Arbitration Court team to inspect Kishanganga site

Pakistan, India, Arbitration Court team to inspect Kishanganga site

A high level 30-member delegation, comprising 10 members each of Court of Arbitration, India and Pakistan, is scheduled to visit the 330 mw Kishanganga hydropower and storage project, being built by India in Bandipora district of Occupied Kashmir next wee
Published 08 Jun, 2011 12:00am
Prosecutors wrap up US case tied to Mumbai attacks

Prosecutors wrap up US case tied to Mumbai attacks

In final arguments to the jury on Tuesday, US prosecutors said evidence was clear that a Pakistan-born Chicago businessman accused of supporting the 2008 attack on Mumbai knew he was aiding a plot that ultimately killed 166 people. Tahawwur Rana, a 50-yea
Published 08 Jun, 2011 12:00am
Prosecutors wrap up US case tied to Mumbai attacks

Prosecutors wrap up US case tied to Mumbai attacks

In final arguments to the jury on Tuesday, US prosecutors said evidence was clear that a Pakistan-born Chicago businessman accused of supporting the 2008 attack on Mumbai knew he was aiding a plot that ultimately killed 166 people. Tahawwur Rana, a 50-yea
Published 08 Jun, 2011 12:00am
Revision of sales tax returns: IR Commissioner's approval a must

Revision of sales tax returns: IR Commissioner's approval a must

The registered taxpayers would now be bound to obtain prior approval of the concerned Commissioner Inland Revenue (IR) for revision of the sales tax returns for rectifying minor errors or mistakes following abolition of clause for auto revision of sales t
Published 08 Jun, 2011 12:00am
Revision of sales tax returns: IR Commissioner's approval a must

Revision of sales tax returns: IR Commissioner's approval a must

The registered taxpayers would now be bound to obtain prior approval of the concerned Commissioner Inland Revenue (IR) for revision of the sales tax returns for rectifying minor errors or mistakes following abolition of clause for auto revision of sales t
Published 08 Jun, 2011 12:00am
Revision of sales tax returns: IR Commissioner''s approval a must

Revision of sales tax returns: IR Commissioner''s approval a must

The registered taxpayers would now be bound to obtain prior approval of the concerned Commissioner Inland Revenue (IR) for revision of the sales tax returns for rectifying minor errors or mistakes following abolition of clause for auto revision of sales t
Published 08 Jun, 2011 12:00am
THE RUPEE: dollar falls

THE RUPEE: dollar falls

The dollar was under pressure as the rupee managed to recover slightly against the greenback on the currency market on Tuesday, experts said. The rupee extended its rise versus dollar, picking up two paisa for buying and selling at 85.90 and 85.95, they s
Published 08 Jun, 2011 12:00am
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