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Print - 2011-12-29
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (December 28, 2011).

Published 29 Dec, 2011 12:00am
BoK opens branch at Hala Naka Area Hyderabad

BoK opens branch at Hala Naka Area Hyderabad

The Bank of Khyber (BOK) Hyderabad formally inaugurated a branch at Hala Naka Area Hyderabad in a ceremony, says a press release issued, here on Wednesday. Speaking at the inaugural function, Managing Director Bilal Mustafa said that the BOK over the last
Published 29 Dec, 2011 12:00am
Shaikh Ayaz's anniversary observed

Shaikh Ayaz's anniversary observed

The 14th death anniversary of a renowned poet, philosopher and writer Shaikh Ayaz was observed on Wednesday across the Sindh. He died on December 28, 1997 and buried at Bhit Shah near the shrine of Shah Abdul Latif Bhitai. The ceremonies to pay him the tr
Published 29 Dec, 2011 12:00am
Annual report-2010: FTO raises issue of 'misuse of appeals' by FBR

Annual report-2010: FTO raises issue of 'misuse of appeals' by FBR

The Federal Board of Revenue has wrongly assumed that mere filing of representations/appeals before the President against the orders of the Federal Tax Ombudsman (FTO) would automatically tantamount to grant of 'stay' for putting in abeyance the implement
Published 29 Dec, 2011 12:00am
THE RUPEE: dollar at Rs 90

THE RUPEE: dollar at Rs 90

Negative sentiment about the country's economic outlook and higher payments for imports pushed the rupee down further versus the dollar on the currency market on Wednesday, marketmen said.
Published 29 Dec, 2011 12:00am
Times names Tunisian fruitseller 'person of 2011'

Times names Tunisian fruitseller 'person of 2011'

The Times newspaper in London on Wednesday named Mohamed Bouazizi, the Tunisian fruit seller who unwittingly started a wave of protests known as the Arab Spring, as its person of 2011. The 26-year-old from a poor family set himself alight in the town of S
Published 29 Dec, 2011 12:00am
THE RUPEE: dollar at Rs 90

THE RUPEE: dollar at Rs 90

Negative sentiment about the country's economic outlook and higher payments for imports pushed the rupee down further versus the dollar on the currency market on Wednesday, marketmen said.
Published 29 Dec, 2011 12:00am
Times names Tunisian fruitseller 'person of 2011'

Times names Tunisian fruitseller 'person of 2011'

The Times newspaper in London on Wednesday named Mohamed Bouazizi, the Tunisian fruit seller who unwittingly started a wave of protests known as the Arab Spring, as its person of 2011. The 26-year-old from a poor family set himself alight in the town of S
Published 29 Dec, 2011 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (December 28, 2011).

Published 29 Dec, 2011 12:00am
Tax collection from builder: TI Pakistan questions FBR''s lack of action

Tax collection from builder: TI Pakistan questions FBR''s lack of action

Transparency International Pakistan has questioned the Federal Board of Revenue (FBR) as to why the tax department is reluctant to collect due taxes on the declared assets of one of the prominent builders in construction industry under the relevant provis
Published 29 Dec, 2011 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (December 28, 2011).

Published 29 Dec, 2011 12:00am
Tax collection from builder: TI Pakistan questions FBR's lack of action

Tax collection from builder: TI Pakistan questions FBR's lack of action

Transparency International Pakistan has questioned the Federal Board of Revenue (FBR) as to why the tax department is reluctant to collect due taxes on the declared assets of one of the prominent builders in construction industry under the relevant provis
Published 29 Dec, 2011 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (December 28, 2011).

Published 29 Dec, 2011 12:00am
Tax collection from builder: TI Pakistan questions FBR's lack of action

Tax collection from builder: TI Pakistan questions FBR's lack of action

Transparency International Pakistan has questioned the Federal Board of Revenue (FBR) as to why the tax department is reluctant to collect due taxes on the declared assets of one of the prominent builders in construction industry under the relevant provis
Published 29 Dec, 2011 12:00am
Russian court rejects ban on Hindu sacred text

Russian court rejects ban on Hindu sacred text

A Russian court on Wednesday rejected an attempt to ban a translation of a sacred Hindu text in a ruling greeted with relief by New Delhi after protests over the sensitive issue in India. The ruling represented a rare victory for religious freedoms in Rus
Published 29 Dec, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (December 28, 2011).

Published 29 Dec, 2011 12:00am
Russian court rejects ban on Hindu sacred text

Russian court rejects ban on Hindu sacred text

A Russian court on Wednesday rejected an attempt to ban a translation of a sacred Hindu text in a ruling greeted with relief by New Delhi after protests over the sensitive issue in India. The ruling represented a rare victory for religious freedoms in Rus
Published 29 Dec, 2011 12:00am
Three Nato troops killed in Afghanistan

Three Nato troops killed in Afghanistan

A roadside bomb attack killed three Nato troops in eastern Afghanistan, one of the deadliest flashpoints in the 10-year war against Taliban insurgents, the military said Wednesday. Nato's US-led International Security Assistance Force (ISAF) did not relea
Published 29 Dec, 2011 12:00am
Three Nato troops killed in Afghanistan

Three Nato troops killed in Afghanistan

A roadside bomb attack killed three Nato troops in eastern Afghanistan, one of the deadliest flashpoints in the 10-year war against Taliban insurgents, the military said Wednesday. Nato's US-led International Security Assistance Force (ISAF) did not relea
Published 29 Dec, 2011 12:00am
Land, police the most corrupt departments: survey

Land, police the most corrupt departments: survey

The National Corruption Perception Survey 2011 indicates that the land and property and police are the two most corrupt departments, and education and military, which has been included in NCPS for the first time, are the two least corrupt departments in P
Published 29 Dec, 2011 12:00am
Land, police the most corrupt departments: survey

Land, police the most corrupt departments: survey

The National Corruption Perception Survey 2011 indicates that the land and property and police are the two most corrupt departments, and education and military, which has been included in NCPS for the first time, are the two least corrupt departments in P
Published 29 Dec, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 29 Dec, 2011 12:00am
Land, police the most corrupt departments: survey

Land, police the most corrupt departments: survey

The National Corruption Perception Survey 2011 indicates that the land and property and police are the two most corrupt departments, and education and military, which has been included in NCPS for the first time, are the two least corrupt departments in P
Published 29 Dec, 2011 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 29 Dec, 2011 12:00am
Closure of CNG stations: strike to be observed in Sindh on December 31

Closure of CNG stations: strike to be observed in Sindh on December 31

Sindh CNG Association (SCNGA) and Karachi Transport Ittehad (KTI) on Wednesday announced that their organisations would observe strike across Sindh particularly in Karachi on December 31, 2011 to express resentment over the government policies in relation
Published 29 Dec, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 29 Dec, 2011 12:00am
Closure of CNG stations: strike to be observed in Sindh on December 31

Closure of CNG stations: strike to be observed in Sindh on December 31

Sindh CNG Association (SCNGA) and Karachi Transport Ittehad (KTI) on Wednesday announced that their organisations would observe strike across Sindh particularly in Karachi on December 31, 2011 to express resentment over the government policies in relation
Published 29 Dec, 2011 12:00am
Closure of CNG stations: strike to be observed in Sindh on December 31

Closure of CNG stations: strike to be observed in Sindh on December 31

Sindh CNG Association (SCNGA) and Karachi Transport Ittehad (KTI) on Wednesday announced that their organisations would observe strike across Sindh particularly in Karachi on December 31, 2011 to express resentment over the government policies in relation
Published 29 Dec, 2011 12:00am
Karzai phones Zardari

Karzai phones Zardari

Afghan President Hamid Karzai telephoned President Asif Ali Zardari on Wednesday night. Spokesperson Farhatullah Babar said that President Karzai inquired about the health of President Zardari, expressed satisfaction that the President had recovered and c
Published 29 Dec, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 29 Dec, 2011 12:00am
Karzai phones Zardari

Karzai phones Zardari

Afghan President Hamid Karzai telephoned President Asif Ali Zardari on Wednesday night. Spokesperson Farhatullah Babar said that President Karzai inquired about the health of President Zardari, expressed satisfaction that the President had recovered and c
Published 29 Dec, 2011 12:00am
LHC seeks power loadshedding schedule for VVIPs

LHC seeks power loadshedding schedule for VVIPs

The Lahore High Court Chief Justice here on Wednesday summoned the schedule of electricity loadshedding for VVIPs and premises including those of President, Prime Minister, Governors, Chief Ministers and Ministers. CJ Sheikh Azmat Saeed directed Wapda and
Published 29 Dec, 2011 12:00am
LHC seeks power loadshedding schedule for VVIPs

LHC seeks power loadshedding schedule for VVIPs

The Lahore High Court Chief Justice here on Wednesday summoned the schedule of electricity loadshedding for VVIPs and premises including those of President, Prime Minister, Governors, Chief Ministers and Ministers. CJ Sheikh Azmat Saeed directed Wapda and
Published 29 Dec, 2011 12:00am
LHC seeks power loadshedding schedule for VVIPs

LHC seeks power loadshedding schedule for VVIPs

The Lahore High Court Chief Justice here on Wednesday summoned the schedule of electricity loadshedding for VVIPs and premises including those of President, Prime Minister, Governors, Chief Ministers and Ministers. CJ Sheikh Azmat Saeed directed Wapda and
Published 29 Dec, 2011 12:00am
Equities move both ways on ISE

Equities move both ways on ISE

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an increase of 7.55 points, as the Index moved from 2,572.71 to 2,580.2
Published 29 Dec, 2011 12:00am
Equities move both ways on ISE

Equities move both ways on ISE

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an increase of 7.55 points, as the Index moved from 2,572.71 to 2,580.2
Published 29 Dec, 2011 12:00am
LSE index loses 10.94 points

LSE index loses 10.94 points

Bearish sentiments continued to prevail for the third consecutive day on the Lahore Stock Exchange (LSE) and the equities registered declines amid marginally improved trading turnover. The LSE-25 index lost 10.94 points and closed at 2804.51 points agains
Published 29 Dec, 2011 12:00am
LSE index loses 10.94 points

LSE index loses 10.94 points

Bearish sentiments continued to prevail for the third consecutive day on the Lahore Stock Exchange (LSE) and the equities registered declines amid marginally improved trading turnover. The LSE-25 index lost 10.94 points and closed at 2804.51 points agains
Published 29 Dec, 2011 12:00am
Trade relations with India: panel may grill officials today

Trade relations with India: panel may grill officials today

The Commerce Ministry is likely to be grilled by Parliamentary Special Committee on Kashmir on Thursday (today) for showing extraordinary ''efficiency'' in normalising trade relations with India, well informed sources told Business Recorder here on
Published 29 Dec, 2011 12:00am
Trade relations with India: panel may grill officials today

Trade relations with India: panel may grill officials today

The Commerce Ministry is likely to be grilled by Parliamentary Special Committee on Kashmir on Thursday (today) for showing extraordinary 'efficiency' in normalising trade relations with India, well informed sources told Business Recorder here on W
Published 29 Dec, 2011 12:00am
Trade relations with India: panel may grill officials today

Trade relations with India: panel may grill officials today

The Commerce Ministry is likely to be grilled by Parliamentary Special Committee on Kashmir on Thursday (today) for showing extraordinary 'efficiency' in normalising trade relations with India, well informed sources told Business Recorder here on W
Published 29 Dec, 2011 12:00am
MoC may notify changes in import/export policy orders

MoC may notify changes in import/export policy orders

The Commerce Ministry is likely to notify amendments in ''Import and Export Policy Orders'' in a couple of days, to include export of liquor, sources told Business Recorder. The Economic Co-ordination Committee of the Cabinet, in November 2011 had
Published 29 Dec, 2011 12:00am
MoC may notify changes in import/export policy orders

MoC may notify changes in import/export policy orders

The Commerce Ministry is likely to notify amendments in 'Import and Export Policy Orders' in a couple of days, to include export of liquor, sources told Business Recorder. The Economic Co-ordination Committee of the Cabinet, in November 2011 had ap
Published 29 Dec, 2011 12:00am
MoC may notify changes in import/export policy orders

MoC may notify changes in import/export policy orders

The Commerce Ministry is likely to notify amendments in 'Import and Export Policy Orders' in a couple of days, to include export of liquor, sources told Business Recorder. The Economic Co-ordination Committee of the Cabinet, in November 2011 had ap
Published 29 Dec, 2011 12:00am
US warns Iran not to shut key oil route

US warns Iran not to shut key oil route

The United States warned Iran on Wednesday that any move to block shipping in the Strait of Hormuz, the world''s most important oil transit channel, will not be tolerated. Admiral Habibollah Sayari said in an interview with Iran''s Press TV that "shutting
Published 29 Dec, 2011 12:00am
US warns Iran not to shut key oil route

US warns Iran not to shut key oil route

The United States warned Iran on Wednesday that any move to block shipping in the Strait of Hormuz, the world's most important oil transit channel, will not be tolerated. Admiral Habibollah Sayari said in an interview with Iran's Press TV that "shutting t
Published 29 Dec, 2011 12:00am
US warns Iran not to shut key oil route

US warns Iran not to shut key oil route

The United States warned Iran on Wednesday that any move to block shipping in the Strait of Hormuz, the world's most important oil transit channel, will not be tolerated. Admiral Habibollah Sayari said in an interview with Iran's Press TV that "shutting t
Published 29 Dec, 2011 12:00am
Cotton buying by TCP: ECC''s decision next week

Cotton buying by TCP: ECC''s decision next week

The Economic Co-ordination Committee (ECC) in its meeting next week will announce the support price of cotton at which the Trading Corporation of Pakistan (TCP) will purchase one million cotton bales with the objective of adjusting price of commodity.
Published 29 Dec, 2011 12:00am
Cotton buying by TCP: ECC's decision next week

Cotton buying by TCP: ECC's decision next week

The Economic Co-ordination Committee (ECC) in its meeting next week will announce the support price of cotton at which the Trading Corporation of Pakistan (TCP) will purchase one million cotton bales with the objective of adjusting price of commodity.
Published 29 Dec, 2011 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Wednesday (December 28, 2011).

Published 29 Dec, 2011 12:00am
Cotton buying by TCP: ECC's decision next week

Cotton buying by TCP: ECC's decision next week

The Economic Co-ordination Committee (ECC) in its meeting next week will announce the support price of cotton at which the Trading Corporation of Pakistan (TCP) will purchase one million cotton bales with the objective of adjusting price of commodity.
Published 29 Dec, 2011 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Wednesday (December 28, 2011).

Published 29 Dec, 2011 12:00am
BRIndex30 down 15.33 points

BRIndex30 down 15.33 points

On Wednesday, BRIndex30 opened at 8,350.04 points. It touched an intraday high of 8,373.82 points and an intraday low of 8,314.39 points and closed at 8,334.71 points, which was -15.33 points or -0.18 percent lower than previous close. Total volume was 33
Published 29 Dec, 2011 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Wednesday (December 28, 2011).

Published 29 Dec, 2011 12:00am
BRIndex30 down 15.33 points

BRIndex30 down 15.33 points

On Wednesday, BRIndex30 opened at 8,350.04 points. It touched an intraday high of 8,373.82 points and an intraday low of 8,314.39 points and closed at 8,334.71 points, which was -15.33 points or -0.18 percent lower than previous close. Total volume was 33
Published 29 Dec, 2011 12:00am
NJLI Capital Growth Fund Rates

NJLI Capital Growth Fund Rates

New Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (December 28, 2011).

Published 29 Dec, 2011 12:00am
Index up 41.21 points

Index up 41.21 points

A positive trend was witnessed at the Karachi share market on Wednesday on the back of investors'' interest in some selective stocks mainly in the banking, cement and energy sectors. The benchmark KSE-100 index increased by 41.21 points and closed at the
Published 29 Dec, 2011 12:00am
NJLI Capital Growth Fund Rates

NJLI Capital Growth Fund Rates

New Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (December 28, 2011).

Published 29 Dec, 2011 12:00am
Index up 41.21 points

Index up 41.21 points

A positive trend was witnessed at the Karachi share market on Wednesday on the back of investors' interest in some selective stocks mainly in the banking, cement and energy sectors. The benchmark KSE-100 index increased by 41.21 points and closed at the l
Published 29 Dec, 2011 12:00am
NJLI Capital Growth Fund Rates

NJLI Capital Growth Fund Rates

New Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (December 28, 2011).

Published 29 Dec, 2011 12:00am
Index up 41.21 points

Index up 41.21 points

A positive trend was witnessed at the Karachi share market on Wednesday on the back of investors' interest in some selective stocks mainly in the banking, cement and energy sectors. The benchmark KSE-100 index increased by 41.21 points and closed at the l
Published 29 Dec, 2011 12:00am
NJLI Managed Growth Fund Rates

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (December 28, 2011).

Published 29 Dec, 2011 12:00am
Amended SECP rules allow relief to MTS market

Amended SECP rules allow relief to MTS market

As part of the continuous efforts of the Securities and Exchange Commission of Pakistan (SECP) to develop the capital market in the country and to support liquidity for encouraging trading activity and engendering investor confidence, amendments have been
Published 29 Dec, 2011 12:00am
NJLI Managed Growth Fund Rates

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (December 28, 2011).

Published 29 Dec, 2011 12:00am
Amended SECP rules allow relief to MTS market

Amended SECP rules allow relief to MTS market

As part of the continuous efforts of the Securities and Exchange Commission of Pakistan (SECP) to develop the capital market in the country and to support liquidity for encouraging trading activity and engendering investor confidence, amendments have been
Published 29 Dec, 2011 12:00am
NJLI Managed Growth Fund Rates

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (December 28, 2011).

Published 29 Dec, 2011 12:00am
Amended SECP rules allow relief to MTS market

Amended SECP rules allow relief to MTS market

As part of the continuous efforts of the Securities and Exchange Commission of Pakistan (SECP) to develop the capital market in the country and to support liquidity for encouraging trading activity and engendering investor confidence, amendments have been
Published 29 Dec, 2011 12:00am
FBR chief due to retire in January: no move yet for extension

FBR chief due to retire in January: no move yet for extension

The Chair-man of Federal Board of Revenue (FBR), Salman Siddique, has said that at present there is no proposal to grant him extension beyond his retirement period from third week of January 2012. He told Business Recorder here on Wednesday that so
Published 29 Dec, 2011 12:00am