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Print - 2011-12-24
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Friday (December 23, 2011).

Published 24 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 23, 2011).

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

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (December 23, 2011).
Published 24 Dec, 2011 12:00am
Spot dollar rates

Spot dollar rates

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

Published 24 Dec, 2011 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (December 23, 2011).

Published 24 Dec, 2011 12:00am
US CentCom briefing cancelled

US CentCom briefing cancelled

A briefing by the head of the US Central Command to Pakistani officials on a November 26 cross-border Nato air attack that killed 24 Pakistani soldiers and severely strained ties with Washington has been cancelled, a Pakistani official said on Friday.
Published 24 Dec, 2011 12:00am
US CentCom briefing cancelled

US CentCom briefing cancelled

A briefing by the head of the US Central Command to Pakistani officials on a November 26 cross-border Nato air attack that killed 24 Pakistani soldiers and severely strained ties with Washington has been cancelled, a Pakistani official said on Friday.
Published 24 Dec, 2011 12:00am
World Bank plans up to $5.5 billion lending

World Bank plans up to $5.5 billion lending

The World Bank said on Thursday it will lend up to $5.5 billion to Pakistan over three years under a new lending strategy focused on boosting the economy and helping poorer, less-integrated regions, including tribal areas near the Afghan border. The World
Published 24 Dec, 2011 12:00am
World Bank plans up to $5.5 billion lending

World Bank plans up to $5.5 billion lending

The World Bank said on Thursday it will lend up to $5.5 billion to Pakistan over three years under a new lending strategy focused on boosting the economy and helping poorer, less-integrated regions, including tribal areas near the Afghan border. The World
Published 24 Dec, 2011 12:00am
World Bank plans up to $5.5 billion lending

World Bank plans up to $5.5 billion lending

The World Bank said on Thursday it will lend up to $5.5 billion to Pakistan over three years under a new lending strategy focused on boosting the economy and helping poorer, less-integrated regions, including tribal areas near the Afghan border. The World
Published 24 Dec, 2011 12:00am
Rs 5 per litre raise in POL prices likely

Rs 5 per litre raise in POL prices likely

The government, in line with the international price of petroleum products (POL), is likely to increase petrol prices by Rs 5 per litre, effective from January 1, 2012.
Published 24 Dec, 2011 12:00am
Rs 5 per litre raise in POL prices likely

Rs 5 per litre raise in POL prices likely

The government, in line with the international price of petroleum products (POL), is likely to increase petrol prices by Rs 5 per litre, effective from January 1, 2012.
Published 24 Dec, 2011 12:00am
Rs 5 per litre raise in POL prices likely

Rs 5 per litre raise in POL prices likely

The government, in line with the international price of petroleum products (POL), is likely to increase petrol prices by Rs 5 per litre, effective from January 1, 2012.
Published 24 Dec, 2011 12:00am
Minimum tax cut, FED waiver: PIA's two major proposals rejected by FBR

Minimum tax cut, FED waiver: PIA's two major proposals rejected by FBR

The Federal Board of Revenue has turned down two major proposals of Pakistan International Airlines (PIA) to reduce minimum tax from one percent to 0.5 percent along with withdrawal of the federal excise duty (FED) on the international air travel.
Published 24 Dec, 2011 12:00am
Minimum tax cut, FED waiver: PIA's two major proposals rejected by FBR

Minimum tax cut, FED waiver: PIA's two major proposals rejected by FBR

The Federal Board of Revenue has turned down two major proposals of Pakistan International Airlines (PIA) to reduce minimum tax from one percent to 0.5 percent along with withdrawal of the federal excise duty (FED) on the international air travel.
Published 24 Dec, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 24 Dec, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 24 Dec, 2011 12:00am
Safar moon may be sighted tomorrow

Safar moon may be sighted tomorrow

The new Safar moon may be sighted tomorrow (Sunday), according to astronomical parameters. Therefore, the first of Safar, 1433 AH should fall on Monday. The moon will cross the conjunction line today (Saturday) at 2306 Pakistan Standard Time (PST). The su
Published 24 Dec, 2011 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 24 Dec, 2011 12:00am
Safar moon may be sighted tomorrow

Safar moon may be sighted tomorrow

The new Safar moon may be sighted tomorrow (Sunday), according to astronomical parameters. Therefore, the first of Safar, 1433 AH should fall on Monday. The moon will cross the conjunction line today (Saturday) at 2306 Pakistan Standard Time (PST). The su
Published 24 Dec, 2011 12:00am
Board meetings in progress

Board meetings in progress

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

Published 24 Dec, 2011 12:00am
Index sheds five points

Index sheds five points

The KSE-100 index on Friday lost 5.01 points and closed at 11,301.09 points due to profit taking opted by investors in late hours. The market witnessed positive trend during early hours and the index hit 11,384.71 points intra-day high.
Published 24 Dec, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 24 Dec, 2011 12:00am
Index sheds five points

Index sheds five points

The KSE-100 index on Friday lost 5.01 points and closed at 11,301.09 points due to profit taking opted by investors in late hours. The market witnessed positive trend during early hours and the index hit 11,384.71 points intra-day high.
Published 24 Dec, 2011 12:00am
Index sheds five points

Index sheds five points

The KSE-100 index on Friday lost 5.01 points and closed at 11,301.09 points due to profit taking opted by investors in late hours. The market witnessed positive trend during early hours and the index hit 11,384.71 points intra-day high.
Published 24 Dec, 2011 12:00am
BRIndex30 down 14.7 points

BRIndex30 down 14.7 points

On Friday, the opened at 8,422.00 points. It touched the intra-day high of 8,448.18 points and low of 8,377.75 points, and closed at 8,407.30 points, with a net negative change of -14.7 points, or -0.17 percent lower than previous close. The volume was 24
Published 24 Dec, 2011 12:00am
BRIndex30 down 14.7 points

BRIndex30 down 14.7 points

On Friday, the opened at 8,422.00 points. It touched the intra-day high of 8,448.18 points and low of 8,377.75 points, and closed at 8,407.30 points, with a net negative change of -14.7 points, or -0.17 percent lower than previous close. The volume was 24
Published 24 Dec, 2011 12:00am
Pakistan, China sign six agreements

Pakistan, China sign six agreements

Pakistan and China on Friday signed six bilateral agreements including a Currency Swap Agreement to further bolster their existing trade and economic co-operation. The agreements worth over US $700 million were signed between the two sides at a ceremony h
Published 24 Dec, 2011 12:00am
Pakistan, China sign six agreements

Pakistan, China sign six agreements

Pakistan and China on Friday signed six bilateral agreements including a Currency Swap Agreement to further bolster their existing trade and economic co-operation. The agreements worth over US $700 million were signed between the two sides at a ceremony h
Published 24 Dec, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (December 23, 2011).

Published 24 Dec, 2011 12:00am
Pakistan, China sign six agreements

Pakistan, China sign six agreements

Pakistan and China on Friday signed six bilateral agreements including a Currency Swap Agreement to further bolster their existing trade and economic co-operation. The agreements worth over US $700 million were signed between the two sides at a ceremony h
Published 24 Dec, 2011 12:00am
Iran bans trade finance on imports from UAE

Iran bans trade finance on imports from UAE

Iran has prohibited the opening of letters of credit for importing products from United Arab Emirates due to the Arab country's "illogical behaviour", the semi-official Mehr news agency quoted a lawmaker as saying on Friday. "Based on the government's rec
Published 24 Dec, 2011 12:00am
Tymoshenko loses appeal against jailing

Tymoshenko loses appeal against jailing

A Ukrainian appeals court on Friday upheld the guilty verdict and seven-year jail sentence imposed on former prime minister Yulia Tymoshenko over abuse-of-office charges in a case that has soured Ukraine's ties with the West. The ruling suggests Tymoshenk
Published 24 Dec, 2011 12:00am
Russian satellite crashes after launch

Russian satellite crashes after launch

A Russian satellite on Friday crashed into Siberia minutes after its launch due to rocket failure, the defence ministry said, in the latest humiliating setback for Russia's embattled space programme. The failure of the Soyuz-2.1B rocket - a member of the
Published 24 Dec, 2011 12:00am
Russian satellite crashes after launch

Russian satellite crashes after launch

A Russian satellite on Friday crashed into Siberia minutes after its launch due to rocket failure, the defence ministry said, in the latest humiliating setback for Russia's embattled space programme. The failure of the Soyuz-2.1B rocket - a member of the
Published 24 Dec, 2011 12:00am
Zardari won't leave country

Zardari won't leave country

President Asif Ali Zardari has resumed his duties after medical treatment in Dubai and has no intention of leaving, said the presidential spokesman on Friday, as tensions between civilian leaders and the army gripped the country. "He is performing his usu
Published 24 Dec, 2011 12:00am
Zardari won't leave country

Zardari won't leave country

President Asif Ali Zardari has resumed his duties after medical treatment in Dubai and has no intention of leaving, said the presidential spokesman on Friday, as tensions between civilian leaders and the army gripped the country. "He is performing his usu
Published 24 Dec, 2011 12:00am
IMF keeps zero percent loans rate for the poorest

IMF keeps zero percent loans rate for the poorest

The International Monetary Fund will keep its loan rate for the poorest countries in the world at zero percent for another year, the Fund said Friday. The renewal of the rate, lowered to zero for the first time ever in 2009, came automatically in the abse
Published 24 Dec, 2011 12:00am
IMF keeps zero percent loans rate for the poorest

IMF keeps zero percent loans rate for the poorest

The International Monetary Fund will keep its loan rate for the poorest countries in the world at zero percent for another year, the Fund said Friday. The renewal of the rate, lowered to zero for the first time ever in 2009, came automatically in the abse
Published 24 Dec, 2011 12:00am
IMF keeps zero percent loans rate for the poorest

IMF keeps zero percent loans rate for the poorest

The International Monetary Fund will keep its loan rate for the poorest countries in the world at zero percent for another year, the Fund said Friday. The renewal of the rate, lowered to zero for the first time ever in 2009, came automatically in the abse
Published 24 Dec, 2011 12:00am
TCP receives 56 bids for 0.2 million tons of sugar

TCP receives 56 bids for 0.2 million tons of sugar

The Trading Corporation of Pakistan (TCP) has received 56 bids for purchase of 200,000 tons of crystal sugar from local sugar mills which will be sold at the utility stores, official sources told Business Recorder. "We have received 56 bids from su
Published 24 Dec, 2011 12:00am
TCP receives 56 bids for 0.2 million tons of sugar

TCP receives 56 bids for 0.2 million tons of sugar

The Trading Corporation of Pakistan (TCP) has received 56 bids for purchase of 200,000 tons of crystal sugar from local sugar mills which will be sold at the utility stores, official sources told Business Recorder. "We have received 56 bids from su
Published 24 Dec, 2011 12:00am
TCP receives 56 bids for 0.2 million tons of sugar

TCP receives 56 bids for 0.2 million tons of sugar

The Trading Corporation of Pakistan (TCP) has received 56 bids for purchase of 200,000 tons of crystal sugar from local sugar mills which will be sold at the utility stores, official sources told Business Recorder. "We have received 56 bids from su
Published 24 Dec, 2011 12:00am
50 killed, 100 wounded in Syria suicide bombings

50 killed, 100 wounded in Syria suicide bombings

At least 50 people died and 100 were wounded in Damascus on Friday after two suicide bombers blew up their cars near security offices in the Syrian capital. "Most of the casualties were civilians and military personnel," a Syrian official told dpa, adding
Published 24 Dec, 2011 12:00am
50 killed, 100 wounded in Syria suicide bombings

50 killed, 100 wounded in Syria suicide bombings

At least 50 people died and 100 were wounded in Damascus on Friday after two suicide bombers blew up their cars near security offices in the Syrian capital. "Most of the casualties were civilians and military personnel," a Syrian official told dpa, adding
Published 24 Dec, 2011 12:00am
World leaders bid farewell to Vaclav Havel

World leaders bid farewell to Vaclav Havel

International leaders bade farewell on Friday to former Czech President Vaclav Havel, the anticommunist dissident who led the peaceful "Velvet Revolution" and inspired human rights campaigners around the world. US Secretary of State Hillary Clinton and he
Published 24 Dec, 2011 12:00am
Stateless rally in Kuwait for citizenship, rights

Stateless rally in Kuwait for citizenship, rights

Hundreds of stateless Arabs living in Kuwait demonstrated for the second week in a row demanding citizenship and other rights, an AFP journalist said. Kuwaiti activists, former MPs and representatives from the Kuwait Association for Human Rights attended
Published 24 Dec, 2011 12:00am
Malaysian lawmaker jailed over graft

Malaysian lawmaker jailed over graft

A powerful lawmaker from Prime Minister Najib Razak's ruling party was convicted by a Malaysian court Friday of corruption and sentenced to a year in jail. Najib came to power in 2009 with a pledge to tackle corruption which is endemic in Malaysian politi
Published 24 Dec, 2011 12:00am
China's police fire teargas, TV shows confessions

China's police fire teargas, TV shows confessions

Riot police fired teargas to break up a protest against a planned power station in southern China on Friday and state media showed confessions by two detained activists in an obvious bid to get protesters off the streets. Hong Kong Cable Television Ltd sh
Published 24 Dec, 2011 12:00am
France recommends removal of suspect breast implants

France recommends removal of suspect breast implants

The French government urged 30,000 women in France on Friday to seek removal of defective breast implants that a now-defunct company exported world-wide but it said there was no evidence that the product raised the risk of cancer. The government said publ
Published 24 Dec, 2011 12:00am
Indonesian girl reunited with family after 2004 tsunami

Indonesian girl reunited with family after 2004 tsunami

An Indonesian girl separated from her family during the 2004 Indian Ocean tsunami has been reunited with her relatives after seven years living as a street child, her parents said Friday. Mary Yuranda, who is now 14, showed up at a cafe in the city of Meu
Published 24 Dec, 2011 12:00am
Purified water for people living in flood affected area

Purified water for people living in flood affected area

The government of Sindh has initiated a fast track scheme of installation of 40 units of Reverse Osmosis Plants with daily production capacity of 16 million liters in 12 flood affected districts in order to ensure the provision of purified water to the pe
Published 24 Dec, 2011 12:00am
JBL wins Oracle PartnerNetwork Asia Pacific Award

JBL wins Oracle PartnerNetwork Asia Pacific Award

Jaffer Brothers (JBL) was awarded the Oracle PartnerNetwork (OPN) Specialised Asia Pacific Award for Oracle Accelerate. The Awards were given to partners at the Oracle Asia Pacific Applications Partner Summit in Phuket, Thailand in August, 2011. Jaffer Br
Published 24 Dec, 2011 12:00am
Secretary commerce visits IMC

Secretary commerce visits IMC

Federal Secretary Commerce, Zafar Mahmood, paid a visit to Indus Motor Company (IMC). The Commerce Secretary discussed about possible changes in the coming trade policy in the background of MFN status being granted to India and its impact on Pakistan's au
Published 24 Dec, 2011 12:00am
Moderate quake hits Balochistan

Moderate quake hits Balochistan

A moderate 5.0-magnitude earthquake jolted southern Balochistan province on Friday but there were no immediate reports of damage or casualties, officials said. The epicentre of the quake was 70 kilometres south-east of Sibi, in southern Balochistan. "Trem
Published 24 Dec, 2011 12:00am
Worst power crisis hits distribution system

Worst power crisis hits distribution system

Worst power crisis has hit the distribution system, as power shortfall reduced by 4000 mw immediately against the Pepco's estimates of 2000 mw ahead of canal closure for desilting campaign. Sources said that Pepco had developed six scenarios on load shedd
Published 24 Dec, 2011 12:00am