News Archives for Print - 2011-08-06 - Business Recorder

AIRLINK 193.90 ▼ -1.11 (-0.57%)

BOP 9.91 ▲ 0.14 (1.43%)

CNERGY 7.46 ▲ 0.10 (1.36%)

FCCL 38.25 ▼ -0.52 (-1.34%)

FFL 15.77 ▲ 0.18 (1.15%)

FLYNG 25.61 ▲ 0.20 (0.79%)

HUBC 128.00 ▼ -0.62 (-0.48%)

HUMNL 13.75 ▼ -0.06 (-0.43%)

KEL 4.63 ▲ 0.14 (3.12%)

KOSM 6.19 ▼ -0.11 (-1.75%)

MLCF 44.48 ▼ -0.31 (-0.69%)

OGDC 202.45 ▼ -1.15 (-0.56%)

PACE 6.45 ▲ 0.03 (0.47%)

PAEL 41.05 ▼ -0.08 (-0.19%)

PIAHCLA 17.51 ▲ 0.79 (4.72%)

PIBTL 7.63 ▼ -0.05 (-0.65%)

POWER 9.06 ▲ 0.02 (0.22%)

PPL 174.00 ▲ 0.09 (0.05%)

PRL 38.90 ▼ -0.18 (-0.46%)

PTC 24.62 ▼ -0.42 (-1.68%)

SEARL 110.00 ▲ 0.94 (0.86%)

SILK 0.97 ▼ -0.02 (-2.02%)

SSGC 38.47 ▲ 0.33 (0.87%)

SYM 19.61 ▲ 0.12 (0.62%)

TELE 8.35 ▼ -0.01 (-0.12%)

TPLP 12.20 ▲ 0.07 (0.58%)

TRG 65.13 ▲ 0.34 (0.52%)

WAVESAPP 10.59 ▲ 0.02 (0.19%)

WTL 1.67 ▼ -0.02 (-1.18%)

YOUW 3.94 ▲ 0.07 (1.81%)

BR100 11,840 -48.1 (-0.4%)

BR30 35,125 -94.3 (-0.27%)

KSE100 111,707 -322.9 (-0.29%)

KSE30 34,981 -154.6 (-0.44%)

اردو

Jan 29, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Print - 2011-08-06

Wheat production to grow by 3.24 percent this year

Wheat production to grow by 3.24 percent this year

The wheat crop production during the current fiscal year of 2011-12 is targeted to increase by 3.24 percent over the production of last fiscal year (2010-11). As much as 25 million tons of wheat would be produced during the current fiscal year against the

Published 06 Aug, 2011 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Friday (August 05, 2011).

Published 06 Aug, 2011 12:00am

Hiring US veterans: Obama proposes tax credits

Hiring US veterans: Obama proposes tax credits

President Barack Obama on Friday proposed $120 million in new tax credits for businesses that hire US veterans returning from Iraq and Afghanistan at a time of stubbornly high unemployment at home. During a visit to Washington's Navy Yard, Obama unveiled

Published 06 Aug, 2011 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Friday (August 05, 2011).

Published 06 Aug, 2011 12:00am

Hiring US veterans: Obama proposes tax credits

Hiring US veterans: Obama proposes tax credits

President Barack Obama on Friday proposed $120 million in new tax credits for businesses that hire US veterans returning from Iraq and Afghanistan at a time of stubbornly high unemployment at home. During a visit to Washington''s Navy Yard, Obama unveiled

Published 06 Aug, 2011 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Friday (August 05, 2011).

Published 06 Aug, 2011 12:00am

SBP allows one-year extension to Usmani

SBP allows one-year extension to Usmani

State Bank of Pakistan (SBP) has allowed a one-year extension in the services of Muhammad Usman Ali Usmani as president and CEO of MCB Bank. According to a communiqué of the bank sent to KSE here on Friday, MCB said that Usmani's term has been extended ti

Published 06 Aug, 2011 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Friday (August 05, 2011).

Published 06 Aug, 2011 12:00am

SBP allows one-year extension to Usmani

SBP allows one-year extension to Usmani

State Bank of Pakistan (SBP) has allowed a one-year extension in the services of Muhammad Usman Ali Usmani as president and CEO of MCB Bank. According to a communiqué of the bank sent to KSE here on Friday, MCB said that Usmani's term has been extended ti

Published 06 Aug, 2011 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Friday (August 05, 2011).

Published 06 Aug, 2011 12:00am

SBP allows one-year extension to Usmani

SBP allows one-year extension to Usmani

State Bank of Pakistan (SBP) has allowed a one-year extension in the services of Muhammad Usman Ali Usmani as president and CEO of MCB Bank. According to a communiqué of the bank sent to KSE here on Friday, MCB said that Usmani''s term has been extended t

Published 06 Aug, 2011 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Friday (August 05, 2011).

Published 06 Aug, 2011 12:00am

Inadmissible input tax adjustments: LTUs and RTOs differ over Rs 100 billion figure

Inadmissible input tax adjustments: LTUs and RTOs differ over Rs 100 billion figure

Some of the Chief Commissioners of the Large Taxpayer Units (LTUs) and Regional Tax Offices (RTOs) differed with the figure of Rs 100 billion of inadmissible input tax adjustments given by Federal Board of Revenue Member Taxpayer Audit at the Chief Commis

Published 06 Aug, 2011 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Friday (August 05, 2011).

Published 06 Aug, 2011 12:00am

Inadmissible input tax adjustments: LTUs and RTOs differ over Rs 100 billion figure

Inadmissible input tax adjustments: LTUs and RTOs differ over Rs 100 billion figure

Some of the Chief Commissioners of the Large Taxpayer Units (LTUs) and Regional Tax Offices (RTOs) differed with the figure of Rs 100 billion of inadmissible input tax adjustments given by Federal Board of Revenue Member Taxpayer Audit at the Chief Commis

Published 06 Aug, 2011 12:00am

EFU GUARANT GROWTH FUND Rates

EFU GUARANT GROWTH FUND Rates

EFU Guarant Growth Fund Rates on Friday (August 05, 2011).

Published 06 Aug, 2011 12:00am

Inadmissible input tax adjustments: LTUs and RTOs differ over Rs 100 billion figure

Inadmissible input tax adjustments: LTUs and RTOs differ over Rs 100 billion figure

Some of the Chief Commissioners of the Large Taxpayer Units (LTUs) and Regional Tax Offices (RTOs) differed with the figure of Rs 100 billion of inadmissible input tax adjustments given by Federal Board of Revenue Member Taxpayer Audit at the Chief Commis

Published 06 Aug, 2011 12:00am

EFU GUARANT GROWTH FUND Rates

EFU GUARANT GROWTH FUND Rates

EFU Guarant Growth Fund Rates on Friday (August 05, 2011).

Published 06 Aug, 2011 12:00am

LTUs, RTOs asked to give estimates, but no targets: major shift in FBR tax policy

LTUs, RTOs asked to give estimates, but no targets: major shift in FBR tax policy

The Federal Board of Revenue has made a pragmatic shift in the tax policy by empowering the Chief Commissioners of LTUs and RTOs to give their revenue estimates for 2011-12 instead of fixing monthly and quarterly revenue collection targets by the Board. S

Published 06 Aug, 2011 12:00am

EFU GUARANT GROWTH FUND Rates

EFU GUARANT GROWTH FUND Rates

EFU Guarant Growth Fund Rates on Friday (August 05, 2011).

Published 06 Aug, 2011 12:00am

LTUs, RTOs asked to give estimates, but no targets: major shift in FBR tax policy

LTUs, RTOs asked to give estimates, but no targets: major shift in FBR tax policy

The Federal Board of Revenue has made a pragmatic shift in the tax policy by empowering the Chief Commissioners of LTUs and RTOs to give their revenue estimates for 2011-12 instead of fixing monthly and quarterly revenue collection targets by the Board. S

Published 06 Aug, 2011 12:00am

Dates of Closure of Books & Annual General Meetings

Dates of Closure of Books & Annual General Meetings

Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed on the stock exchanges.

Published 06 Aug, 2011 12:00am

LTUs, RTOs asked to give estimates, but no targets: major shift in FBR tax policy

LTUs, RTOs asked to give estimates, but no targets: major shift in FBR tax policy

The Federal Board of Revenue has made a pragmatic shift in the tax policy by empowering the Chief Commissioners of LTUs and RTOs to give their revenue estimates for 2011-12 instead of fixing monthly and quarterly revenue collection targets by the Board. S

Published 06 Aug, 2011 12:00am

Clearing Schedule for T+2 System

Clearing Schedule for T+2 System

Karachi Stock Exchange's Clearing Schedule for T+2 System.

Published 06 Aug, 2011 12:00am

Merger of Johnson & Phillips Limited

Merger of Johnson & Phillips Limited

Johnson & Phillips Industries (Pakistan) Ltd, Johnson & Phillips EMO Pakistan (Pvt) Ltd and Elmetec (Pvt) Ltd will be merged with and into Johnson & Phillips (Pakistan) Ltd, to make a large resource-based company. According to the scheme of arrangement se

Published 06 Aug, 2011 12:00am

Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 06 Aug, 2011 12:00am

Merger of Johnson & Phillips Limited

Merger of Johnson & Phillips Limited

Johnson & Phillips Industries (Pakistan) Ltd, Johnson & Phillips EMO Pakistan (Pvt) Ltd and Elmetec (Pvt) Ltd will be merged with and into Johnson & Phillips (Pakistan) Ltd, to make a large resource-based company. According to the scheme of arrangement se

Published 06 Aug, 2011 12:00am

Last date of renunciation/payment

Last date of renunciation/payment

Last dates of renunciation/payment.

Published 06 Aug, 2011 12:00am

Merger of Johnson & Phillips Limited

Merger of Johnson & Phillips Limited

Johnson & Phillips Industries (Pakistan) Ltd, Johnson & Phillips EMO Pakistan (Pvt) Ltd and Elmetec (Pvt) Ltd will be merged with and into Johnson & Phillips (Pakistan) Ltd, to make a large resource-based company. According to the scheme of arrangement se

Published 06 Aug, 2011 12:00am

Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 06 Aug, 2011 12:00am

India hit by nationwide bank strike against reforms

India hit by nationwide bank strike against reforms

A nation-wide bank strike hit India on Friday as unions rebelled against proposals to allow more private ownership of state banking behemoths that could threaten jobs and benefits. India, the third-largest economy in Asia, has struggled to reform and libe

Published 06 Aug, 2011 12:00am

Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 06 Aug, 2011 12:00am

India hit by nationwide bank strike against reforms

India hit by nationwide bank strike against reforms

A nation-wide bank strike hit India on Friday as unions rebelled against proposals to allow more private ownership of state banking behemoths that could threaten jobs and benefits. India, the third-largest economy in Asia, has struggled to reform and libe

Published 06 Aug, 2011 12:00am

Board meetings in progress

Board meetings in progress

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

Published 06 Aug, 2011 12:00am

India hit by nationwide bank strike against reforms

India hit by nationwide bank strike against reforms

A nation-wide bank strike hit India on Friday as unions rebelled against proposals to allow more private ownership of state banking behemoths that could threaten jobs and benefits. India, the third-largest economy in Asia, has struggled to reform and libe

Published 06 Aug, 2011 12:00am

BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 06 Aug, 2011 12:00am

India plans strategic rail links near China border

India plans strategic rail links near China border

India plans to build three strategic rail links close to its disputed border with China, according to a government report that highlights the huge challenges of improving infrastructure in the region. The Parliamentary Standing Committee on Defence report

Published 06 Aug, 2011 12:00am

BRIndex30 and BR Sectoral Indices

BRIndex30 and BR Sectoral Indices

BRIndex30 and BR Sectoral Indices on Friday (August 05, 2011).

Published 06 Aug, 2011 12:00am

India plans strategic rail links near China border

India plans strategic rail links near China border

India plans to build three strategic rail links close to its disputed border with China, according to a government report that highlights the huge challenges of improving infrastructure in the region. The Parliamentary Standing Committee on Defence report

Published 06 Aug, 2011 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Friday (August 05, 2011)

Published 06 Aug, 2011 12:00am

India plans strategic rail links near China border

India plans strategic rail links near China border

India plans to build three strategic rail links close to its disputed border with China, according to a government report that highlights the huge challenges of improving infrastructure in the region. The Parliamentary Standing Committee on Defence report

Published 06 Aug, 2011 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Friday (August 05, 2011)

Published 06 Aug, 2011 12:00am

Rs 11 billion approved for an ailing Railways

Rs 11 billion approved for an ailing Railways

The Cabinet Committee on Restructuring of Public Sector Enterprises on Friday approved Rs 11 billion for Pakistan Railways to make it financially viable. The committee, which met here with Finance Minister Dr Abdul Hafeez Shaikh in chair, focused on revit

Published 06 Aug, 2011 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Friday (August 05, 2011)

Published 06 Aug, 2011 12:00am

Rs 11 billion approved for an ailing Railways

Rs 11 billion approved for an ailing Railways

The Cabinet Committee on Restructuring of Public Sector Enterprises on Friday approved Rs 11 billion for Pakistan Railways to make it financially viable. The committee, which met here with Finance Minister Dr Abdul Hafeez Shaikh in chair, focused on revit

Published 06 Aug, 2011 12:00am

Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (August 05, 2011).

Published 06 Aug, 2011 12:00am

Rs 11 billion approved for an ailing Railways

Rs 11 billion approved for an ailing Railways

The Cabinet Committee on Restructuring of Public Sector Enterprises on Friday approved Rs 11 billion for Pakistan Railways to make it financially viable. The committee, which met here with Finance Minister Dr Abdul Hafeez Shaikh in chair, focused on revit

Published 06 Aug, 2011 12:00am

Cross Transactions between Client to Client & Financial Institutions

Cross Transactions between Client to Client & Financial Institutions

The following were the cross transactions between client to client & financial institutions here on Friday (August 05, 2011).

Published 06 Aug, 2011 12:00am

Tuwairqi Steel capacity upgrading: South Korean company to invest $200 million

Tuwairqi Steel capacity upgrading: South Korean company to invest $200 million

South Korean Company Posco would invest $200 million to upgrade the production capacity of Tuwairqi Steel Plant at Port Qasim, Karachi. An MoU for undertaking joint venture between the two companies would be signed during next month in the presence of Sin

Published 06 Aug, 2011 12:00am

Revised Rates of Debt Securities

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Friday (August 05, 2011).

Published 06 Aug, 2011 12:00am

Tuwairqi Steel capacity upgrading: South Korean company to invest $200 million

Tuwairqi Steel capacity upgrading: South Korean company to invest $200 million

South Korean Company Posco would invest $200 million to upgrade the production capacity of Tuwairqi Steel Plant at Port Qasim, Karachi. An MoU for undertaking joint venture between the two companies would be signed during next month in the presence of Sin

Published 06 Aug, 2011 12:00am

Revised Rates of Debt Securities

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Friday (August 05, 2011).

Published 06 Aug, 2011 12:00am

Tuwairqi Steel capacity upgrading: South Korean company to invest $200 million

Tuwairqi Steel capacity upgrading: South Korean company to invest $200 million

South Korean Company Posco would invest $200 million to upgrade the production capacity of Tuwairqi Steel Plant at Port Qasim, Karachi. An MoU for undertaking joint venture between the two companies would be signed during next month in the presence of Sin

Published 06 Aug, 2011 12:00am

Revised Rates of Debt Securities

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Friday (August 05, 2011).

Published 06 Aug, 2011 12:00am

Fire shuts Valero's 180,000-bpd Memphis refinery

Fire shuts Valero's 180,000-bpd Memphis refinery

A fire forced Valero Energy Corp to shut both crude units at its 180,000 barrel-per-day refinery in Memphis, Tennessee, on Friday, but there were no injuries and one unit could resume quickly. A heater explosion on the 80,000-bpd east crude unit at 7:25 a

Published 06 Aug, 2011 12:00am

THE RUPEE: parity stays put

THE RUPEE: parity stays put

Firmness prevailed on the currency market on Friday as a result of the high inflows of dollars in shape of remittances, which also help the country's foreign exchange reserves to hit all-time high at 18.31 billion dollars, dealers said.

Published 06 Aug, 2011 12:00am

Fire shuts Valero's 180,000-bpd Memphis refinery

Fire shuts Valero's 180,000-bpd Memphis refinery

A fire forced Valero Energy Corp to shut both crude units at its 180,000 barrel-per-day refinery in Memphis, Tennessee, on Friday, but there were no injuries and one unit could resume quickly. A heater explosion on the 80,000-bpd east crude unit at 7:25 a

Published 06 Aug, 2011 12:00am

THE RUPEE: parity stays put

THE RUPEE: parity stays put

Firmness prevailed on the currency market on Friday as a result of the high inflows of dollars in shape of remittances, which also help the country's foreign exchange reserves to hit all-time high at 18.31 billion dollars, dealers said.

Published 06 Aug, 2011 12:00am

Fire shuts Valero''s 180,000-bpd Memphis refinery

Fire shuts Valero''s 180,000-bpd Memphis refinery

A fire forced Valero Energy Corp to shut both crude units at its 180,000 barrel-per-day refinery in Memphis, Tennessee, on Friday, but there were no injuries and one unit could resume quickly. A heater explosion on the 80,000-bpd east crude unit at 7:25 a

Published 06 Aug, 2011 12:00am

Kerb buying and selling rate of US dollar

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Friday (August 05, 2011).

Published 06 Aug, 2011 12:00am

New provinces: PML-Q submits motion in Punjab Assembly

New provinces: PML-Q submits motion in Punjab Assembly

PML-Q Parliamentary Party leader in the Punjab Assembly Chaudhry Zaheerud Din on Friday submitted a motion with the assembly secretariat proposing the creation of new province in the province. In his motion, Zaheer has urged the Speaker to allow oppositio

Published 06 Aug, 2011 12:00am

Dollar's rate in interbank market

Dollar's rate in interbank market

Interbank closing rates for dollar on Friday (August 05, 2011).

Published 06 Aug, 2011 12:00am

New provinces: PML-Q submits motion in Punjab Assembly

New provinces: PML-Q submits motion in Punjab Assembly

PML-Q Parliamentary Party leader in the Punjab Assembly Chaudhry Zaheerud Din on Friday submitted a motion with the assembly secretariat proposing the creation of new province in the province. In his motion, Zaheer has urged the Speaker to allow oppositio

Published 06 Aug, 2011 12:00am

Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (August 05, 2011).

Published 06 Aug, 2011 12:00am

Ibad calls on Zardari

Ibad calls on Zardari

Governor of Sindh, Dr Ishratul Ibad Khan called on President Asif Ali Zardari at Aiwan-e-Sadr Friday night. Law-and-order situation in Karachi was discussed during the meeting. The President later hosted dinner for the Governor of Sindh.

Published 06 Aug, 2011 12:00am

Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (August 05, 2011).

Published 06 Aug, 2011 12:00am

Ibad calls on Zardari

Ibad calls on Zardari

Governor of Sindh, Dr Ishratul Ibad Khan called on President Asif Ali Zardari at Aiwan-e-Sadr Friday night. Law-and-order situation in Karachi was discussed during the meeting. The President later hosted dinner for the Governor of Sindh.

Published 06 Aug, 2011 12:00am

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Friday (August 05, 2011).

Published 06 Aug, 2011 12:00am

MQM will rejoin government before Eid: Durrani

MQM will rejoin government before Eid: Durrani

Pakistan People's Party (PPP) has claimed on Friday that the Muttahida Qaumi Movement (MQM) will rejoin the government before Eid. While the MQM has said that politics of reconciliation will continue. In a Iftar party and dinner at the Chief Minister Hous

Published 06 Aug, 2011 12:00am

Karachi Yarn Market Rate

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Friday (August 05, 2011).

Published 06 Aug, 2011 12:00am

Munter's visit to Quetta, UK HC's activities come under fire in National Assembly

Munter's visit to Quetta, UK HC's activities come under fire in National Assembly

The recent visit of US Ambassador Cameron Munter to Balochistan and British Deputy High Commissioner's activities in Karachi came under criticism in National Assembly as ruling Pakistan People's Party (PPP) lawmaker asked the government to take notice of

Published 06 Aug, 2011 12:00am

Karachi Yarn Market Rate

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Friday (August 05, 2011).

Published 06 Aug, 2011 12:00am

Population Census Organisation: enumerators training to be held from September 7

Population Census Organisation: enumerators training to be held from September 7

Population Census Organisation (PCO) Sindh office would start training of enumerators for Census from 7th to 28th September 2011. Well-placed sources told Business Recorder on Friday that proposed changing of schedule of Census, the schedule of tra

Published 06 Aug, 2011 12:00am

Poultry Rates

Poultry Rates

Wholesale poultry rates on Friday (August 05, 2011) and for Saturday (August 06, 2011).

Published 06 Aug, 2011 12:00am

Depleting stock market depth may cause volatility: analysts

Depleting stock market depth may cause volatility: analysts

Though the corporate earnings in Pakistan will post above average growth, the depleting market depth may cause market volatility in case foreigners tried to dump shares to reduce their exposure to frontier and emerging markets, analysts said.

Published 06 Aug, 2011 12:00am

Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (August 05, 2011).

Published 06 Aug, 2011 12:00am

JPMC's kitchen providing inferior quality food

JPMC's kitchen providing inferior quality food

Provision of inferior quality of food stuff being prepared in the kitchen of Jinnah Postgraduate Medical Centre (JPMC) is further contributing in the miseries of admitted patients in facility despite allocation of adequate funds for the food items for the

Published 06 Aug, 2011 12:00am

PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on August 02, 2011.

Published 06 Aug, 2011 12:00am

'Targeting Pakistan on its nuclear weapons a lose-lose situation for US'

'Targeting Pakistan on its nuclear weapons a lose-lose situation for US'

Targeting Pakistan on its nuclear weapons is a lose-lose situation for the US not for Pakistan and its media cannot get over unhealthy obsession with regards to Pakistan nukes, pointed out CEO of Strategic Technology Resources (STR), Dr Shireen Mazari on

Published 06 Aug, 2011 12:00am

PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on August 02, 2011.

Published 06 Aug, 2011 12:00am

Faithful throng mosques on first Friday of Ramazan

Faithful throng mosques on first Friday of Ramazan

The faithful thronged mosques and other places to offer juma prayers on the first Friday of the holy month of Ramazan amid stringent security measures adopted by the law enforcing agencies. In view of extra rush of faithful, mosques administration had to

Published 06 Aug, 2011 12:00am

PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on August 02, 2011.

Published 06 Aug, 2011 12:00am

Hamesh undergoes medical check-up at local hospital

Hamesh undergoes medical check-up at local hospital

Former Bank of Punjab (BoP) President Hamesh Khan who is main accused in (BoP)'s scam was brought to the Sheikh Zayed Hospital for medical checkup from jail on Friday. Hamesh was taken to the hospital in an armoured personnel carrier amid stringent securi

Published 06 Aug, 2011 12:00am

LME official prices

LME official prices

The following were Thursday official prices.

Published 06 Aug, 2011 12:00am

FBR unearths new fraud technique in ERS

FBR unearths new fraud technique in ERS

The Federal Board of Revenue (FBR) has unearthed a new fraud technique in the Expeditious Refund System (ERS) where certain unscrupulous elements are deliberately declaring 'no recoverable demand' in their declarations (Electronic Refund Claim) for making

Published 06 Aug, 2011 12:00am

LME official prices

LME official prices

The following were Thursday official prices.

Published 06 Aug, 2011 12:00am

Entrance test for admission in medical colleges on September 13

Entrance test for admission in medical colleges on September 13

University of Health Sciences (UHS) will conduct a single common Entrance Test this year for both FSc and Non-FSc students, simultaneously in Lahore, Faisalabad, Multan, Rawalpindi, Bahawalpur, Gujrat, Gujranwala, Sargodha, Sahiwal, D.G. Khan, Hassan Abda

Published 06 Aug, 2011 12:00am

SAI not to hold 'Eid Bachat Bazaar'

SAI not to hold 'Eid Bachat Bazaar'

The Site Association of Industry (SAI) has decided not to hold this year its annual event, Eid Bachat Bazaar, due to the prevailing law and order condition in the city as the participants are hesitant to take part due to prevailing risk.

Published 06 Aug, 2011 12:00am

Wasan attends funeral of Yousuf Khan

Wasan attends funeral of Yousuf Khan

Sindh Home Minister, Manzoor Hussain Wasan, attended the funeral prayer of senior journalist and chief reporter of Nawa-e-Waqt, Mohammad Yousuf Khan, held after Friday prayers, at Sultan Mosque, Defence Housing Authority. On the occasion offering his cond

Published 06 Aug, 2011 12:00am

Conversion of AMMF into open-end equity fund announced

Conversion of AMMF into open-end equity fund announced

Al Meezan Mutual Fund (AMMF) - the closed-end equity fund managed by Al Meezan Investment Management Ltd (Al Meezan) since 1995 has now been converted into an open-end equity fund with effect from August 5, 2011. The fund has provided a cumulative return

Published 06 Aug, 2011 12:00am

Conversion of AMMF into open-end equity fund announced

Conversion of AMMF into open-end equity fund announced

Al Meezan Mutual Fund (AMMF) - the closed-end equity fund managed by Al Meezan Investment Management Ltd (Al Meezan) since 1995 has now been converted into an open-end equity fund with effect from August 5, 2011. The fund has provided a cumulative return

Published 06 Aug, 2011 12:00am

118 shopkeepers punished for charging high prices

118 shopkeepers punished for charging high prices

The Deputy Commissioner Hyderabad Asif Ali Memon has said that extensive monitoring of the markets were being made by the Revenue officers having magisterial power and so far 118 shopkeepers/venders have been punished with total fine of Rs 47,050/- for ch

Published 06 Aug, 2011 12:00am

Three killed in various incidents

Three killed in various incidents

A young man was killed while over a dozen others injured in an armed clash between two groups at a weekly Bazaar in Baldia Town here on Friday. The scuffle, which had started between two persons over some petty issue, turned violent when their supporters

Published 06 Aug, 2011 12:00am

LHC directs DCO to hear petitioner

LHC directs DCO to hear petitioner

The Lahore High Court (LHC) while disposing of a petition against a film Bol directed the District Co-ordination Officer (DCO) to hear the petitioner and decide the matter within two weeks. The petitioner president Anjuman Tahfaz-e-Namus Saadat contended

Published 06 Aug, 2011 12:00am

SECP gets 10 CFAI scholarships

SECP gets 10 CFAI scholarships

The Chartered Financial Analyst Institute (CFAI) has awarded 10 scholarships to SECP for capacity building of its employees and to enable them to perform their role of regulating capital markets more efficiently. According to a press release issued on Fri

Published 06 Aug, 2011 12:00am

Partly Facetious: What is behind record surge in forex reserves?

Partly Facetious: What is behind record surge in forex reserves?

"Foreign exchange reserves have reached an historic high."

Published 06 Aug, 2011 12:00am

Architecture Nayar Ali Dada demands action against SHO

Architecture Nayar Ali Dada demands action against SHO

Renowned architecture Nayar Ali Dada has asked the Chief Minister Punjab Mian Shahbaz Sharif to take action against SHO PS Shadman Zulfiqar Ali, for beating the females and others here at Nairang Art Galleries. He also requested the Chief Minister to take

Published 06 Aug, 2011 12:00am

Junk collector kids join CSDO education centre

Junk collector kids join CSDO education centre

Children of junk collector families say good-bye to gather rubbish and prefer to join schools. It's a miracle because junk collectors have their own customs, traditions and life style but realising the importance of education decided to send their kids to

Published 06 Aug, 2011 12:00am

Prime Minister pledges to resolve lawyers problems

Prime Minister pledges to resolve lawyers problems

Prime Minister Syed Yousuf Raza Gilani on Friday reiterated government to resolve problems of lawyers. The Prime Minister was talking to a delegation of lawyers comprising High Court Bar Association Multan President Chaudhry Sagheer Ahmad, General Secreta

Published 06 Aug, 2011 12:00am

LHC refers case of 87 ADPPs to PPSC

LHC refers case of 87 ADPPs to PPSC

The Lahore High Court on Friday allowed a petition of 87 Assistant District Public Prosecutors and referred the matter to Punjab Public Service Commission, seeking regularisation of their services. Petitioners, including Mehmoodul Hassan and others, submi

Published 06 Aug, 2011 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 28	278.92
USD PKR Interbank Buying / Jan 28	278.72
USD to Japanese Yen / Jan 28	155.41
USD to Swiss Franc / Jan 28	0.90
Pound Sterling to USD / Jan 28	1.24
Euro to USD / Jan 28	1.04

Stock	Volume
S&P 500 / Jan 28	6,067.70
Nasdaq / Jan 28	19,733.59
FTSE 100 / Jan 28	8,533.87
Dow Jones / Jan 28	44,850.35
Germany DAX 30 / Jan 28	21,430.58
France CAC40 / Jan 28	7,897.37
India Sensex / Jan 29	76,280.68
Tokyo Nikkei / Jan 29	39,346.10

Item	Value
Crude Oil USD/Barrel / Jan 28	73.71
Karachi Cotton PKR/37.32 KG / Jan 28	18,485
Gold 10 Grams PKR / Jan 28	247,560.80
Gold Spot USD/Ounce / Jan 28	2,762.94
Cotton US¢/pound / Jan 28	67.08
Petrol/Litre / Jan 29	256.13

Gainers
Losers
Leaders

Stock	Price
Redco Textile / Jan 29 Redco Textiles Limited(REDCO)	19.97 ▲ 1.82 (10.03%)
Saritow Spinning / Jan 29 Saritow Spinning Mills Limited(SSML)	14.81 ▲ 1.35 (10.03%)
Leather Up Ltd. / Jan 29 Leather Up Limited(LEUL)	44.41 ▲ 4.04 (10.01%)
Sanghar Sugar / Jan 29 Sanghar Sugar Mills Limited(SANSM)	30.69 ▲ 2.79 (10%)
LSE Ventures / Jan 29 LSE Ventures Limited(LSEVL)	13.20 ▲ 1.2 (10%)
Calcorp Ltd / Jan 29 Calcorp Limited(CASH)	31.50 ▲ 2.86 (9.99%)
Shahmurad Sugar / Jan 29 Shahmurad Sugar Mills Limited(SHSML)	393.98 ▲ 31.53 (8.7%)
PICIC Ins.Ltd. / Jan 29 PICIC Insurance Limited(PIL)	2.79 ▲ 0.22 (8.56%)
J.A.Textile / Jan 29 J.A. Textile Mills Limited(JATM)	31.50 ▲ 2.48 (8.55%)

Stock	Price
Tariq Corp.Pref. / Jan 29 Tariq Corporation Limited-Preference Shares(TCORPCPS)	6.88 ▼ -1 (-12.69%)
Dewan Textile / Jan 29 Dewan Textile Mills Limited(DWTM)	6.16 ▼ -0.84 (-12%)
First IBL Mod. / Jan 29 First IBL Modaraba(FIBLM)	2.90 ▼ -0.2 (-6.45%)
Fazal Cloth / Jan 29 Fazal Cloth Mills Limited(FZCM)	150.05 ▼ -10.31 (-6.43%)
Sec. Inv. Bank / Jan 29 Security Investment Bank Limited(SIBL)	8.66 ▼ -0.59 (-6.38%)
Premium Textile / Jan 29 Premium Textile Mills Limited(PRET)	375 ▼ -24.78 (-6.2%)
I.C.C. Ind. / Jan 29 ICC Industries Limited(ICCI)	12.16 ▼ -0.76 (-5.88%)
Pak Synthetics / Jan 29 Pakistan Synthetics Limited(PSYL)	37.25 ▼ -2.25 (-5.7%)
Reliance Weaving / Jan 29 Reliance Weaving Mills Limited(REWM)	140 ▼ -7.75 (-5.25%)

Stock	Volume
WorldCall Telecom / Jan 29 Worldcall Telecom Limited(WTL)	67,917,203 ▼ -0.03
Sui South Gas / Jan 29 Sui Southern Gas Company Limited(SSGC)	29,454,322 ▲ 0.41
Cnergyico PK / Jan 29 Cnergyico PK Limited(CNERGY)	28,426,632 ▲ 0.09
Fauji Foods Ltd / Jan 29 Fauji Foods Limited(FFL)	26,339,311 ▲ 0.16
Citi Pharma Ltd / Jan 29 Citi Pharma Ltd.(CPHL)	26,038,104 ▲ 3.74
K-Electric Ltd. / Jan 29 K-Electric Limited(KEL)	18,801,176 ▲ 0.14
Fauji Cement / Jan 29 Fauji Cement Company Limited(FCCL)	18,743,736 ▼ -0.52
Lotte Chemical / Jan 29 Lotte Chemical Pakistan Limited(LOTCHEM)	14,546,524 ▼ -0.06
Pak Elektron / Jan 29 Pak Elektron Limited(PAEL)	14,387,699 ▲ 0.01

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular

Today
Yesterday
Past 3 Days

Aurangzeb hints at tax reforms for Pakistan’s salaried group

Aurangzeb hints at tax reforms for Pakistan’s salaried group

New currency notes to enter circulation in 2025, confirms SBP governor

New currency notes to enter circulation in 2025, confirms SBP governor

Gas market: private sector likely to help reduce circular debt

Gas market: private sector likely to help reduce circular debt

KSE-100 loses nearly 1,500 points as market looks for fresh triggers

KSE-100 loses nearly 1,500 points as market looks for fresh triggers

NJLI Sarmaya Growth Fund Rates

Bulk of Pakistan’s foreign debt repayment for FY25 already repaid: SBP chief

Bulk of Pakistan’s foreign debt repayment for FY25 already repaid: SBP chief

Undervaluation, misdeclaration: Over 93.7pc of property deals fall short of Rs5m: FBR

Undervaluation, misdeclaration: Over 93.7pc of property deals fall short of Rs5m: FBR

In line with expectations: SBP reduces key interest rate by 100bps, takes it to 12%

In line with expectations: SBP reduces key interest rate by 100bps, takes it to 12%

Is SBP under pressure, or sandbagging expectations?

Is SBP under pressure, or sandbagging expectations?