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Print - 2011-12-03
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (December 02, 2011).

Published 03 Dec, 2011 12:00am
Pakistan, IDB finalise $3 billion 'Country Partnership Strategy'

Pakistan, IDB finalise $3 billion 'Country Partnership Strategy'

Pakistan and the Islamic Development Bank (IDB) have finalised negotiation on 'Country Partnership Strategy' worth $3 billion for a period of three years, while approval from the bank's board is awaited. This was stated by Economic Affairs Division Secret
Published 03 Dec, 2011 12:00am
KES Power fully subscribes to rights shares

KES Power fully subscribes to rights shares

The sponsors and holding company of Karachi Electric Supply Company (KESC), M/s KES Power Ltd have fully subscribed to their portion (72.58 percent) or rights shares at the subscription price of Rs 3.50 per share. According to a communiqué to KSE here Fri
Published 03 Dec, 2011 12:00am
KES Power fully subscribes to rights shares

KES Power fully subscribes to rights shares

The sponsors and holding company of Karachi Electric Supply Company (KESC), M/s KES Power Ltd have fully subscribed to their portion (72.58 percent) or rights shares at the subscription price of Rs 3.50 per share. According to a communiqué to KSE here Fri
Published 03 Dec, 2011 12:00am
KES Power fully subscribes to rights shares

KES Power fully subscribes to rights shares

The sponsors and holding company of Karachi Electric Supply Company (KESC), M/s KES Power Ltd have fully subscribed to their portion (72.58 percent) or rights shares at the subscription price of Rs 3.50 per share. According to a communiqué to KSE here Fri
Published 03 Dec, 2011 12:00am
KES Power fully subscribes to rights shares

KES Power fully subscribes to rights shares

The sponsors and holding company of Karachi Electric Supply Company (KESC), M/s KES Power Ltd have fully subscribed to their portion (72.58 percent) or rights shares at the subscription price of Rs 3.50 per share. According to a communiqué to KSE here Fri
Published 03 Dec, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 03 Dec, 2011 12:00am
Bearish sentiments prevail on LSE

Bearish sentiments prevail on LSE

Bearish sentiments prevail on the Lahore Stock Exchange (LSE) and the equities registered declines across the board amid selling pressure. The LSE-25 index lost 70.20 points and was ended at 2889.96 points against 2960.16 points of Thursday, while transac
Published 03 Dec, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 03 Dec, 2011 12:00am
Bearish sentiments prevail on LSE

Bearish sentiments prevail on LSE

Bearish sentiments prevail on the Lahore Stock Exchange (LSE) and the equities registered declines across the board amid selling pressure. The LSE-25 index lost 70.20 points and was ended at 2889.96 points against 2960.16 points of Thursday, while transac
Published 03 Dec, 2011 12:00am
Bears dominate ISE

Bears dominate ISE

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 41.73 points, as the Index moved from 2,644.84 to 2,603.11 points.
Published 03 Dec, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 03 Dec, 2011 12:00am
Bears dominate ISE

Bears dominate ISE

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 41.73 points, as the Index moved from 2,644.84 to 2,603.11 points.
Published 03 Dec, 2011 12:00am
EU slaps sanctions on Syrian finance minister, oil firms

EU slaps sanctions on Syrian finance minister, oil firms

The European Union expanded its sanctions list against Syria on Friday to include Syria''s finance and economy ministers, state-owned oil companies and two media organisations. Finance Minister Mohammad al-Jleilati and Economy Minister Mohammad Nidal al-S
Published 03 Dec, 2011 12:00am
EU slaps sanctions on Syrian finance minister, oil firms

EU slaps sanctions on Syrian finance minister, oil firms

The European Union expanded its sanctions list against Syria on Friday to include Syria's finance and economy ministers, state-owned oil companies and two media organisations. Finance Minister Mohammad al-Jleilati and Economy Minister Mohammad Nidal al-Sh
Published 03 Dec, 2011 12:00am
EU slaps sanctions on Syrian finance minister, oil firms

EU slaps sanctions on Syrian finance minister, oil firms

The European Union expanded its sanctions list against Syria on Friday to include Syria's finance and economy ministers, state-owned oil companies and two media organisations. Finance Minister Mohammad al-Jleilati and Economy Minister Mohammad Nidal al-Sh
Published 03 Dec, 2011 12:00am
Three percent fee/charges: Prime Minister assures CCP secured funding

Three percent fee/charges: Prime Minister assures CCP secured funding

Prime Minister Syed Yousuf Raza Gilani on Friday assured the Competition Commission of Pakistan (CCP) that secured source of funding would be provided to the Commission through provision of 3 percent of fee/charges collected by regulatory authorities to e
Published 03 Dec, 2011 12:00am
Three percent fee/charges: Prime Minister assures CCP secured funding

Three percent fee/charges: Prime Minister assures CCP secured funding

Prime Minister Syed Yousuf Raza Gilani on Friday assured the Competition Commission of Pakistan (CCP) that secured source of funding would be provided to the Commission through provision of 3 percent of fee/charges collected by regulatory authorities to e
Published 03 Dec, 2011 12:00am
Three percent fee/charges: Prime Minister assures CCP secured funding

Three percent fee/charges: Prime Minister assures CCP secured funding

Prime Minister Syed Yousuf Raza Gilani on Friday assured the Competition Commission of Pakistan (CCP) that secured source of funding would be provided to the Commission through provision of 3 percent of fee/charges collected by regulatory authorities to e
Published 03 Dec, 2011 12:00am
Pakistan denies OK given for Nato air strike

Pakistan denies OK given for Nato air strike

A Pakistani official on Friday denied a Western newspaper report that Pakistani officials gave the go-ahead to a Nato air strike that killed 24 troops, unaware that their own forces were in the area. Last weekend's cross-border attack has caused public ou
Published 03 Dec, 2011 12:00am
Pakistan denies OK given for Nato air strike

Pakistan denies OK given for Nato air strike

A Pakistani official on Friday denied a Western newspaper report that Pakistani officials gave the go-ahead to a Nato air strike that killed 24 troops, unaware that their own forces were in the area. Last weekend's cross-border attack has caused public ou
Published 03 Dec, 2011 12:00am
Pakistan-US relations: towards new terms of engagement

Pakistan-US relations: towards new terms of engagement

Parliamentary Committee on National Security while fully endorsing all decisions of federal cabinet taken in aftermath of November 26 Nato strike decided on Friday to work out new terms of engagement with the United States.
Published 03 Dec, 2011 12:00am
Pakistan-US relations: towards new terms of engagement

Pakistan-US relations: towards new terms of engagement

Parliamentary Committee on National Security while fully endorsing all decisions of federal cabinet taken in aftermath of November 26 Nato strike decided on Friday to work out new terms of engagement with the United States.
Published 03 Dec, 2011 12:00am
White House refuses apology

White House refuses apology

The White House on Thursday dismissed the notion of offering an apology to Pakistan over the Nato air strikes that killed 24 soldiers, insisting an inquiry was still ongoing as to how the men died. "I, speaking for the White House and the president, offer
Published 03 Dec, 2011 12:00am
White House refuses apology

White House refuses apology

The White House on Thursday dismissed the notion of offering an apology to Pakistan over the Nato air strikes that killed 24 soldiers, insisting an inquiry was still ongoing as to how the men died. "I, speaking for the White House and the president, offer
Published 03 Dec, 2011 12:00am
Pakistan will definitely shun Bonn: Germany informed

Pakistan will definitely shun Bonn: Germany informed

Pakistan has officially withdrawn from an international conference on Afghanistan, Germany's foreign ministry said on Friday, saying that it regretted the boycott. Pakistan said on Tuesday it planned to pull out of the meeting in reaction to a cross-borde
Published 03 Dec, 2011 12:00am
Pakistan will definitely shun Bonn: Germany informed

Pakistan will definitely shun Bonn: Germany informed

Pakistan has officially withdrawn from an international conference on Afghanistan, Germany's foreign ministry said on Friday, saying that it regretted the boycott. Pakistan said on Tuesday it planned to pull out of the meeting in reaction to a cross-borde
Published 03 Dec, 2011 12:00am
Migrant remittances top $350 billion: World Bank

Migrant remittances top $350 billion: World Bank

Migrant workers from developing countries will have sent home more than $350 billion in remittances by the end of this year, a World Bank report said Friday. The figure tops $400 billion for 2011 if money sent to high-income countries is included, said th
Published 03 Dec, 2011 12:00am
Migrant remittances top $350 billion: World Bank

Migrant remittances top $350 billion: World Bank

Migrant workers from developing countries will have sent home more than $350 billion in remittances by the end of this year, a World Bank report said Friday. The figure tops $400 billion for 2011 if money sent to high-income countries is included, said th
Published 03 Dec, 2011 12:00am
Migrant remittances top $350 billion: World Bank

Migrant remittances top $350 billion: World Bank

Migrant workers from developing countries will have sent home more than $350 billion in remittances by the end of this year, a World Bank report said Friday. The figure tops $400 billion for 2011 if money sent to high-income countries is included, said th
Published 03 Dec, 2011 12:00am
Migrant remittances top $350 billion: World Bank

Migrant remittances top $350 billion: World Bank

Migrant workers from developing countries will have sent home more than $350 billion in remittances by the end of this year, a World Bank report said Friday. The figure tops $400 billion for 2011 if money sent to high-income countries is included, said th
Published 03 Dec, 2011 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (December 02, 2011).

Published 03 Dec, 2011 12:00am
Brotherhood poised for success in Egypt election

Brotherhood poised for success in Egypt election

Turnout in the first leg of Egypt's first free election in six decades was an unprecedented 62 percent, the head of the election committee said on Friday, far higher than in the rigged polls under deposed President Hosni Mubarak. Abdul Moez Ibrahim acknow
Published 03 Dec, 2011 12:00am
Brotherhood poised for success in Egypt election

Brotherhood poised for success in Egypt election

Turnout in the first leg of Egypt's first free election in six decades was an unprecedented 62 percent, the head of the election committee said on Friday, far higher than in the rigged polls under deposed President Hosni Mubarak. Abdul Moez Ibrahim acknow
Published 03 Dec, 2011 12:00am
BRIndex30 down 187.96 points

BRIndex30 down 187.96 points

On Friday, the BRIndex30 opened at 8,822.86 points and remained in red for whole of the trading session with a downward trend, except for the first few minutes after market opening. It touched the intra-day high of 8,836.49 points and low of 8,542.89 poin
Published 03 Dec, 2011 12:00am
BRIndex30 down 187.96 points

BRIndex30 down 187.96 points

On Friday, the BRIndex30 opened at 8,822.86 points and remained in red for whole of the trading session with a downward trend, except for the first few minutes after market opening. It touched the intra-day high of 8,836.49 points and low of 8,542.89 poin
Published 03 Dec, 2011 12:00am
Index sheds 185 points

Index sheds 185 points

A serious deterioration in Pakistan-US relations and prevailing political situation in the country on Friday invited panic selling at the Karachi share market, market participants said. The KSE-100 index declined by 185.16 points and closed at five-week l
Published 03 Dec, 2011 12:00am
Index sheds 185 points

Index sheds 185 points

A serious deterioration in Pakistan-US relations and prevailing political situation in the country on Friday invited panic selling at the Karachi share market, market participants said. The KSE-100 index declined by 185.16 points and closed at five-week l
Published 03 Dec, 2011 12:00am
Index sheds 185 points

Index sheds 185 points

A serious deterioration in Pakistan-US relations and prevailing political situation in the country on Friday invited panic selling at the Karachi share market, market participants said. The KSE-100 index declined by 185.16 points and closed at five-week l
Published 03 Dec, 2011 12:00am
Dollar-rupee parity market-driven: SBP governor

Dollar-rupee parity market-driven: SBP governor

State Bank of Pakistan Governor Yasin Anwar on Friday said the current dollar-rupee parity is market-driven and the situation will normalise soon. He was talking to reporters at the fifth Pakistan Microfinance Country Forum here. He said the dollar demand
Published 03 Dec, 2011 12:00am
Dollar-rupee parity market-driven: SBP governor

Dollar-rupee parity market-driven: SBP governor

State Bank of Pakistan Governor Yasin Anwar on Friday said the current dollar-rupee parity is market-driven and the situation will normalise soon. He was talking to reporters at the fifth Pakistan Microfinance Country Forum here. He said the dollar demand
Published 03 Dec, 2011 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (December 02, 2011).

Published 03 Dec, 2011 12:00am
Dollar-rupee parity market-driven: SBP governor

Dollar-rupee parity market-driven: SBP governor

State Bank of Pakistan Governor Yasin Anwar on Friday said the current dollar-rupee parity is market-driven and the situation will normalise soon. He was talking to reporters at the fifth Pakistan Microfinance Country Forum here. He said the dollar demand
Published 03 Dec, 2011 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (December 02, 2011).
Published 03 Dec, 2011 12:00am
New Brokers Registration Regime: KSE members oppose SECP concept paper

New Brokers Registration Regime: KSE members oppose SECP concept paper

The members of the Karachi Stock Exchange (KSE) on Friday unanimously rejected the SECP concept paper on ''New Brokers'' Registration Regime,'' saying the idea of brokers'' minimum capital requirement to be enhanced to Rs 400 million is not acceptable.
Published 03 Dec, 2011 12:00am
New Brokers Registration Regime: KSE members oppose SECP concept paper

New Brokers Registration Regime: KSE members oppose SECP concept paper

The members of the Karachi Stock Exchange (KSE) on Friday unanimously rejected the SECP concept paper on 'New Brokers' Registration Regime,' saying the idea of brokers' minimum capital requirement to be enhanced to Rs 400 million is not acceptable.
Published 03 Dec, 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 (December 02, 2011).

Published 03 Dec, 2011 12:00am
New Brokers Registration Regime: KSE members oppose SECP concept paper

New Brokers Registration Regime: KSE members oppose SECP concept paper

The members of the Karachi Stock Exchange (KSE) on Friday unanimously rejected the SECP concept paper on 'New Brokers' Registration Regime,' saying the idea of brokers' minimum capital requirement to be enhanced to Rs 400 million is not acceptable.
Published 03 Dec, 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 Friday (December 02, 2011).

Published 03 Dec, 2011 12:00am
Three-month fiscal deficit 1.2 percent of GDP

Three-month fiscal deficit 1.2 percent of GDP

The country''s fiscal deficit for the first three months of the fiscal year ending June 2012 was 1.2 percent of gross domestic product, the Finance Ministry said on its website on Friday. A Finance Ministry official had said in October the fiscal deficit
Published 03 Dec, 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 Friday (December 02, 2011).

Published 03 Dec, 2011 12:00am
Three-month fiscal deficit 1.2 percent of GDP

Three-month fiscal deficit 1.2 percent of GDP

The country's fiscal deficit for the first three months of the fiscal year ending June 2012 was 1.2 percent of gross domestic product, the Finance Ministry said on its website on Friday. A Finance Ministry official had said in October the fiscal deficit f
Published 03 Dec, 2011 12:00am