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Nov 23, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2011-08-24
Tough measures against extortionists' mafia ordered

Tough measures against extortionists' mafia ordered

The government on Tuesday warned 25 banned organisations including Lashkar-e-Jhangvi and Sipah-e-Sahaba to end all their activities otherwise action will be taken against them under Anti-Terrorism Act. The warning was issued by Sindh Chief Minister Syed Q
Published 24 Aug, 2011 12:00am
Tough measures against extortionists' mafia ordered

Tough measures against extortionists' mafia ordered

The government on Tuesday warned 25 banned organisations including Lashkar-e-Jhangvi and Sipah-e-Sahaba to end all their activities otherwise action will be taken against them under Anti-Terrorism Act. The warning was issued by Sindh Chief Minister Syed Q
Published 24 Aug, 2011 12:00am
The Weather

The Weather

The weather report on Tuesday (August 23, 2011) and the forecast for Wednesday (August 24, 2011).

Published 24 Aug, 2011 12:00am
US stocks surge three percent; gold tumbles

US stocks surge three percent; gold tumbles

US stocks shot 3 percent higher on Tuesday on speculation Federal Reserve Chairman Ben Bernanke would signal new help for the economy, giving investors hope the worst was over after a four-week rout. Gold recoiled from its first ever foray above $1,900 an
Published 24 Aug, 2011 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Tuesday (August 23, 2011).

Published 24 Aug, 2011 12:00am
US stocks surge three percent; gold tumbles

US stocks surge three percent; gold tumbles

US stocks shot 3 percent higher on Tuesday on speculation Federal Reserve Chairman Ben Bernanke would signal new help for the economy, giving investors hope the worst was over after a four-week rout. Gold recoiled from its first ever foray above $1,900 an
Published 24 Aug, 2011 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 24 Aug, 2011 12:00am
US stocks surge three percent; gold tumbles

US stocks surge three percent; gold tumbles

US stocks shot 3 percent higher on Tuesday on speculation Federal Reserve Chairman Ben Bernanke would signal new help for the economy, giving investors hope the worst was over after a four-week rout. Gold recoiled from its first ever foray above $1,900 an
Published 24 Aug, 2011 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 24 Aug, 2011 12:00am
BRIndex30 up 87.39 points

BRIndex30 up 87.39 points

On Tuesday, the BRIndex30 opened at 7,885.91 points. It touched the intra-day high of 7,996.09 points and low of 7,809.26 points and closed at 7,973.30 points, with a net positive change of 87.39 points, or 1.11 percent higher than previous close.
Published 24 Aug, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (August 23, 2011).

Published 24 Aug, 2011 12:00am
BRIndex30 up 87.39 points

BRIndex30 up 87.39 points

On Tuesday, the BRIndex30 opened at 7,885.91 points. It touched the intra-day high of 7,996.09 points and low of 7,809.26 points and closed at 7,973.30 points, with a net positive change of 87.39 points, or 1.11 percent higher than previous close.
Published 24 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 Tuesday (August 23, 2011).

Published 24 Aug, 2011 12:00am
Index loses 51.89 points

Index loses 51.89 points

The KSE-100 index on Tuesday lost 51.89 points to close at 10,842.26 points due to investors'' cautious stance over the prevailing law and order situation in the city. The market opened on a negative note and the index hit 10,768.02 points intra-day low l
Published 24 Aug, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (August 23, 2011).

Published 24 Aug, 2011 12:00am
Index loses 51.89 points

Index loses 51.89 points

The KSE-100 index on Tuesday lost 51.89 points to close at 10,842.26 points due to investors' cautious stance over the prevailing law and order situation in the city. The market opened on a negative note and the index hit 10,768.02 points intra-day low le
Published 24 Aug, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (August 23, 2011).

Published 24 Aug, 2011 12:00am
Index loses 51.89 points

Index loses 51.89 points

The KSE-100 index on Tuesday lost 51.89 points to close at 10,842.26 points due to investors' cautious stance over the prevailing law and order situation in the city. The market opened on a negative note and the index hit 10,768.02 points intra-day low le
Published 24 Aug, 2011 12:00am
President unhappy over US aid cut

President unhappy over US aid cut

President Asif Ali Zardari has showed his displeasure over the recent development of slashing US assistance as any cut at this stage would impact the existing economic situation and send a negative signal to the public about the US commitment towards Paki
Published 24 Aug, 2011 12:00am
President unhappy over US aid cut

President unhappy over US aid cut

President Asif Ali Zardari has showed his displeasure over the recent development of slashing US assistance as any cut at this stage would impact the existing economic situation and send a negative signal to the public about the US commitment towards Paki
Published 24 Aug, 2011 12:00am
THE RUPEE: dollar slips

THE RUPEE: dollar slips

The rupee managed to make some gains against dollar on the currency market on Tuesday, dealers said. The rupee's sharp decline proved short lived as it recovered 14 paisa for buying at 86.91 and gained 12 paisa for selling at 86.96, they said.
Published 24 Aug, 2011 12:00am
President unhappy over US aid cut

President unhappy over US aid cut

President Asif Ali Zardari has showed his displeasure over the recent development of slashing US assistance as any cut at this stage would impact the existing economic situation and send a negative signal to the public about the US commitment towards Paki
Published 24 Aug, 2011 12:00am
THE RUPEE: dollar slips

THE RUPEE: dollar slips

The rupee managed to make some gains against dollar on the currency market on Tuesday, dealers said. The rupee's sharp decline proved short lived as it recovered 14 paisa for buying at 86.91 and gained 12 paisa for selling at 86.96, they said.
Published 24 Aug, 2011 12:00am
SECP chairman''s appointment challenged

SECP chairman''s appointment challenged

The Supreme Court (SC) on Tuesday issued notices to the Chairman of Securities and Exchange Commission of Pakistan (SECP) and its four other wings to appear before the court on August 26. A two-member bench, headed by Chief Justice Iftikhar Muhammad Chaud
Published 24 Aug, 2011 12:00am
SECP chairman's appointment challenged

SECP chairman's appointment challenged

The Supreme Court (SC) on Tuesday issued notices to the Chairman of Securities and Exchange Commission of Pakistan (SECP) and its four other wings to appear before the court on August 26. A two-member bench, headed by Chief Justice Iftikhar Muhammad Chaud
Published 24 Aug, 2011 12:00am
SECP chairman's appointment challenged

SECP chairman's appointment challenged

The Supreme Court (SC) on Tuesday issued notices to the Chairman of Securities and Exchange Commission of Pakistan (SECP) and its four other wings to appear before the court on August 26. A two-member bench, headed by Chief Justice Iftikhar Muhammad Chaud
Published 24 Aug, 2011 12:00am
Time period for cotton ginners scaled down: maintenance of tax records

Time period for cotton ginners scaled down: maintenance of tax records

The Federal Board of Revenue has decided to reduce five years time period for maintenance of tax records to one year for cotton ginners. Sources told Business Recorder here on Tuesday that the FBR has fulfilled a major demand of the cotton ginners
Published 24 Aug, 2011 12:00am
Time period for cotton ginners scaled down: maintenance of tax records

Time period for cotton ginners scaled down: maintenance of tax records

The Federal Board of Revenue has decided to reduce five years time period for maintenance of tax records to one year for cotton ginners. Sources told Business Recorder here on Tuesday that the FBR has fulfilled a major demand of the cotton ginners
Published 24 Aug, 2011 12:00am
Time period for cotton ginners scaled down: maintenance of tax records

Time period for cotton ginners scaled down: maintenance of tax records

The Federal Board of Revenue has decided to reduce five years time period for maintenance of tax records to one year for cotton ginners. Sources told Business Recorder here on Tuesday that the FBR has fulfilled a major demand of the cotton ginners
Published 24 Aug, 2011 12:00am
PCGA to start phutti buying from today

PCGA to start phutti buying from today

The Pakistan Cotton Ginners Association (PCGA) has announced that it will begin procurement of raw cotton (phutti) from the growers on Wednesday as the talk on the levy of withholding tax on cotton between Federal Board of Revenue (FBR) and PCGA proved su
Published 24 Aug, 2011 12:00am
PCGA to start phutti buying from today

PCGA to start phutti buying from today

The Pakistan Cotton Ginners Association (PCGA) has announced that it will begin procurement of raw cotton (phutti) from the growers on Wednesday as the talk on the levy of withholding tax on cotton between Federal Board of Revenue (FBR) and PCGA proved su
Published 24 Aug, 2011 12:00am
PCGA to start phutti buying from today

PCGA to start phutti buying from today

The Pakistan Cotton Ginners Association (PCGA) has announced that it will begin procurement of raw cotton (phutti) from the growers on Wednesday as the talk on the levy of withholding tax on cotton between Federal Board of Revenue (FBR) and PCGA proved su
Published 24 Aug, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 24 Aug, 2011 12:00am
LPG policy approved by ECC

LPG policy approved by ECC

The Economic Co-ordination Committee (ECC) of the Cabinet has approved ''LPG production and distribution policy 2011'' and agreed to the proposal of the Ministry of Water and Power for giving operational and maintenance control of four power generation co
Published 24 Aug, 2011 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 24 Aug, 2011 12:00am
LPG policy approved by ECC

LPG policy approved by ECC

The Economic Co-ordination Committee (ECC) of the Cabinet has approved 'LPG production and distribution policy 2011' and agreed to the proposal of the Ministry of Water and Power for giving operational and maintenance control of four power generation comp
Published 24 Aug, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 24 Aug, 2011 12:00am
LPG policy approved by ECC

LPG policy approved by ECC

The Economic Co-ordination Committee (ECC) of the Cabinet has approved 'LPG production and distribution policy 2011' and agreed to the proposal of the Ministry of Water and Power for giving operational and maintenance control of four power generation comp
Published 24 Aug, 2011 12:00am
Earthquake rattles US East Coast, no deaths

Earthquake rattles US East Coast, no deaths

A strong earthquake struck the US East Coast and was felt as far away as Canada on Tuesday, shaking buildings in many cities, delaying flights and trains and sending thousands of frightened workers into the streets. There were no reports of major damage o
Published 24 Aug, 2011 12:00am
Earthquake rattles US East Coast, no deaths

Earthquake rattles US East Coast, no deaths

A strong earthquake struck the US East Coast and was felt as far away as Canada on Tuesday, shaking buildings in many cities, delaying flights and trains and sending thousands of frightened workers into the streets. There were no reports of major damage o
Published 24 Aug, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 24 Aug, 2011 12:00am
Domestic debt crosses Rs six trillion mark

Domestic debt crosses Rs six trillion mark

The rising fiscal deficit, followed by high current expenditures and shortfall in revenue, has resulted in healthy growth in borrowing from domestic sources. Because of these factors the country''s total stocks of domestic debt crossed Rs 6 trillion mark
Published 24 Aug, 2011 12:00am
Domestic debt crosses Rs six trillion mark

Domestic debt crosses Rs six trillion mark

The rising fiscal deficit, followed by high current expenditures and shortfall in revenue, has resulted in healthy growth in borrowing from domestic sources. Because of these factors the country's total stocks of domestic debt crossed Rs 6 trillion mark a
Published 24 Aug, 2011 12:00am
Domestic debt crosses Rs six trillion mark

Domestic debt crosses Rs six trillion mark

The rising fiscal deficit, followed by high current expenditures and shortfall in revenue, has resulted in healthy growth in borrowing from domestic sources. Because of these factors the country's total stocks of domestic debt crossed Rs 6 trillion mark a
Published 24 Aug, 2011 12:00am
SSGC accused of violation of PPRA rules

SSGC accused of violation of PPRA rules

Despite directives of the Chairman National Assembly Standing Committee on Petroleum and Natural Resources the bosses of the Sui-Southern Gas Company Limited (SSGC) have awarded two tender worth hundreds of million rupees to favourite firms violating the
Published 24 Aug, 2011 12:00am
SSGC accused of violation of PPRA rules

SSGC accused of violation of PPRA rules

Despite directives of the Chairman National Assembly Standing Committee on Petroleum and Natural Resources the bosses of the Sui-Southern Gas Company Limited (SSGC) have awarded two tender worth hundreds of million rupees to favourite firms violating the
Published 24 Aug, 2011 12:00am
SSGC accused of violation of PPRA rules

SSGC accused of violation of PPRA rules

Despite directives of the Chairman National Assembly Standing Committee on Petroleum and Natural Resources the bosses of the Sui-Southern Gas Company Limited (SSGC) have awarded two tender worth hundreds of million rupees to favourite firms violating the
Published 24 Aug, 2011 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Tuesday (August 23, 2011).

Published 24 Aug, 2011 12:00am
FBR fails to identify any case of prominent politician

FBR fails to identify any case of prominent politician

The Federal Board of Revenue has failed to identify a single case of any prominent politician, parliamentarian or member of National Assembly or Senate in its drive to broaden the tax base through increasing documentation. It is learnt that the FBR carrie
Published 24 Aug, 2011 12:00am
FBR fails to identify any case of prominent politician

FBR fails to identify any case of prominent politician

The Federal Board of Revenue has failed to identify a single case of any prominent politician, parliamentarian or member of National Assembly or Senate in its drive to broaden the tax base through increasing documentation. It is learnt that the FBR carrie
Published 24 Aug, 2011 12:00am
FBR fails to identify any case of prominent politician

FBR fails to identify any case of prominent politician

The Federal Board of Revenue has failed to identify a single case of any prominent politician, parliamentarian or member of National Assembly or Senate in its drive to broaden the tax base through increasing documentation. It is learnt that the FBR carrie
Published 24 Aug, 2011 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (August 23, 2011).

Published 24 Aug, 2011 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (August 23, 2011).
Published 24 Aug, 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 Tuesday (August 23, 2011).

Published 24 Aug, 2011 12:00am
S&P president steps down after US ratings downgrade

S&P president steps down after US ratings downgrade

Standard & Poor''''s president Deven Sharma is stepping down, its parent company announced, just weeks after the credit rating agency cut the US'''' top AAA rating and sent global markets into turmoil. Sharma, who will take another role in the company bef
Published 24 Aug, 2011 12:00am
S&P president steps down after US ratings downgrade

S&P president steps down after US ratings downgrade

Standard & Poor''s president Deven Sharma is stepping down, its parent company announced, just weeks after the credit rating agency cut the US'' top AAA rating and sent global markets into turmoil. Sharma, who will take another role in the company before
Published 24 Aug, 2011 12:00am
S&P president steps down after US ratings downgrade

S&P president steps down after US ratings downgrade

Standard & Poor's president Deven Sharma is stepping down, its parent company announced, just weeks after the credit rating agency cut the US' top AAA rating and sent global markets into turmoil. Sharma, who will take another role in the company before le
Published 24 Aug, 2011 12:00am
S&P president steps down after US ratings downgrade

S&P president steps down after US ratings downgrade

Standard & Poor's president Deven Sharma is stepping down, its parent company announced, just weeks after the credit rating agency cut the US' top AAA rating and sent global markets into turmoil. Sharma, who will take another role in the company before le
Published 24 Aug, 2011 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 Tuesday (August 23, 2011).

Published 24 Aug, 2011 12:00am
Arab unrest: perspectives - XXXIV

Arab unrest: perspectives - XXXIV

What could be some formidable challenges that the Transitional National Council (TNC) will be facing in the post-Qadhafi Libya? These may be about the issues relating to Libyan opposition's own legitimacy and the sheer absence of democratic institutions i
Published 24 Aug, 2011 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 Tuesday (August 23, 2011).

Published 24 Aug, 2011 12:00am
Arab unrest: perspectives - XXXIV

Arab unrest: perspectives - XXXIV

What could be some formidable challenges that the Transitional National Council (TNC) will be facing in the post-Qadhafi Libya? These may be about the issues relating to Libyan opposition's own legitimacy and the sheer absence of democratic institutions i
Published 24 Aug, 2011 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 Tuesday (August 23, 2011).

Published 24 Aug, 2011 12:00am
'It's over' cry rebels as Qadhafi Headquarters overrun

'It's over' cry rebels as Qadhafi Headquarters overrun

Joyful Libyan rebels overran Muammar Qadhafi's Tripoli bastion on Tuesday, seizing weapons and loot and destroying symbols of a 42-year dictatorship they declared was now over as they set about hunting down the fallen ruler and his sons. "It's over! Qadha
Published 24 Aug, 2011 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 Commi
Published 24 Aug, 2011 12:00am
'It's over' cry rebels as Qadhafi Headquarters overrun

'It's over' cry rebels as Qadhafi Headquarters overrun

Joyful Libyan rebels overran Muammar Qadhafi's Tripoli bastion on Tuesday, seizing weapons and loot and destroying symbols of a 42-year dictatorship they declared was now over as they set about hunting down the fallen ruler and his sons. "It's over! Qadha
Published 24 Aug, 2011 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 24 Aug, 2011 12:00am
Rs two billion trade loss

Rs two billion trade loss

Trade and business centres on Tuesday remained completely shut on MQM''s call to observe a day of mourning. Traders reckon around Rs 2 billion loss for closure of businesses in the country''s largest financial hub of Karachi, following the mourning day ca
Published 24 Aug, 2011 12:00am
Rs two billion trade loss

Rs two billion trade loss

Trade and business centres on Tuesday remained completely shut on MQM's call to observe a day of mourning. Traders reckon around Rs 2 billion loss for closure of businesses in the country's largest financial hub of Karachi, following the mourning day call
Published 24 Aug, 2011 12:00am
Rs two billion trade loss

Rs two billion trade loss

Trade and business centres on Tuesday remained completely shut on MQM's call to observe a day of mourning. Traders reckon around Rs 2 billion loss for closure of businesses in the country's largest financial hub of Karachi, following the mourning day call
Published 24 Aug, 2011 12:00am
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