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Print - 2012-03-14
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 14 Mar, 2012 12:00am
President confers Hilal-i-Imtiaz on Sharmeen

President confers Hilal-i-Imtiaz on Sharmeen

President Asif Ali Zardari on the advice of Prime Minister has approved conferment of 'Hilal-i-Imtiaz' upon Ms Sharmeen Obaid Chinoy on Tuesday, the first Pakistani to win Oscar for her documentary Saving Face. Saving Face chronicles the lives of a
Published 14 Mar, 2012 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 14 Mar, 2012 12:00am
President confers Hilal-i-Imtiaz on Sharmeen

President confers Hilal-i-Imtiaz on Sharmeen

President Asif Ali Zardari on the advice of Prime Minister has approved conferment of 'Hilal-i-Imtiaz' upon Ms Sharmeen Obaid Chinoy on Tuesday, the first Pakistani to win Oscar for her documentary Saving Face. Saving Face chronicles the lives of a
Published 14 Mar, 2012 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 14 Mar, 2012 12:00am
Petitioner seeks placement of Pasha's name on ECL

Petitioner seeks placement of Pasha's name on ECL

In a significant development, a petition was moved in the Supreme Court of Pakistan, urging the apex court to place the name of out-going Inter-Services Intelligence agency (ISI) chief, Lieutenant General Ahmed Shuja Pasha, on the Exit Control List (ECL).
Published 14 Mar, 2012 12:00am
Petitioner seeks placement of Pasha's name on ECL

Petitioner seeks placement of Pasha's name on ECL

In a significant development, a petition was moved in the Supreme Court of Pakistan, urging the apex court to place the name of out-going Inter-Services Intelligence agency (ISI) chief, Lieutenant General Ahmed Shuja Pasha, on the Exit Control List (ECL).
Published 14 Mar, 2012 12:00am
Salman Butt's baby refused British visa

Salman Butt's baby refused British visa

Britain has denied the baby son of former captain Salman Butt a visa, crushing the family's hopes of visiting him behind bars, his father said Tuesday. Butt and two of his other team mates, Mohammad Aamer and Mohammad Asif, were sentenced by a British cou
Published 14 Mar, 2012 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 14 Mar, 2012 12:00am
Salman Butt's baby refused British visa

Salman Butt's baby refused British visa

Britain has denied the baby son of former captain Salman Butt a visa, crushing the family's hopes of visiting him behind bars, his father said Tuesday. Butt and two of his other team mates, Mohammad Aamer and Mohammad Asif, were sentenced by a British cou
Published 14 Mar, 2012 12:00am
US mission in Afghanistan 'in jeopardy': McCain

US mission in Afghanistan 'in jeopardy': McCain

The US mission in Afghanistan is "in jeopardy," with President Barack Obama's withdrawal announcements and debate over rapid troop drawdowns emboldening Taliban fighters, Senator John McCain said Tuesday. "The president keeps talking about withdrawals and
Published 14 Mar, 2012 12:00am
US mission in Afghanistan 'in jeopardy': McCain

US mission in Afghanistan 'in jeopardy': McCain

The US mission in Afghanistan is "in jeopardy," with President Barack Obama's withdrawal announcements and debate over rapid troop drawdowns emboldening Taliban fighters, Senator John McCain said Tuesday. "The president keeps talking about withdrawals and
Published 14 Mar, 2012 12:00am
Government borrows Rs 914 billion for budgetary support

Government borrows Rs 914 billion for budgetary support

The federal government has borrowed Rs 914 billion from banking sector for budgetary support during the current fiscal year mainly due to shortfall in revenue and slow foreign inflows. "Less than targeted revenue collection, massive raise in current expen
Published 14 Mar, 2012 12:00am
Government borrows Rs 914 billion for budgetary support

Government borrows Rs 914 billion for budgetary support

The federal government has borrowed Rs 914 billion from banking sector for budgetary support during the current fiscal year mainly due to shortfall in revenue and slow foreign inflows. "Less than targeted revenue collection, massive raise in current expen
Published 14 Mar, 2012 12:00am
Government borrows Rs 914 billion for budgetary support

Government borrows Rs 914 billion for budgetary support

The federal government has borrowed Rs 914 billion from banking sector for budgetary support during the current fiscal year mainly due to shortfall in revenue and slow foreign inflows. "Less than targeted revenue collection, massive raise in current expen
Published 14 Mar, 2012 12:00am
Government borrows Rs 914 billion for budgetary support

Government borrows Rs 914 billion for budgetary support

The federal government has borrowed Rs 914 billion from banking sector for budgetary support during the current fiscal year mainly due to shortfall in revenue and slow foreign inflows. "Less than targeted revenue collection, massive raise in current expen
Published 14 Mar, 2012 12:00am
German Defence Minister meets Gilani

German Defence Minister meets Gilani

German Defence Minister Dr Thomas de Maiziere called on Prime Minister Syed Yousuf Raza Gilani here on Tuesday and exchanged views on defence co-operation and military collaboration, war on terror and regional and international issues.
Published 14 Mar, 2012 12:00am
German Defence Minister meets Gilani

German Defence Minister meets Gilani

German Defence Minister Dr Thomas de Maiziere called on Prime Minister Syed Yousuf Raza Gilani here on Tuesday and exchanged views on defence co-operation and military collaboration, war on terror and regional and international issues.
Published 14 Mar, 2012 12:00am
US drone strikes kill 15

US drone strikes kill 15

US drone aircraft struck twice in tribal regions along the border with Afghanistan on Tuesday, killing 15 suspected militants, including two senior militant commanders, security and intelligence officials said. In the first strike, a drone fired missiles
Published 14 Mar, 2012 12:00am
US drone strikes kill 15

US drone strikes kill 15

US drone aircraft struck twice in tribal regions along the border with Afghanistan on Tuesday, killing 15 suspected militants, including two senior militant commanders, security and intelligence officials said. In the first strike, a drone fired missiles
Published 14 Mar, 2012 12:00am
Germany intensifies military cooperation

Germany intensifies military cooperation

Pakistan and Germany signed a military agreement in Rawalpindi Tuesday during a meeting between German Defence Minister Thomas de Maiziere and his counterpart, Ahmed Mukhtar. The agreement, coming after three years of preparation, is primarily aimed at th
Published 14 Mar, 2012 12:00am
Germany intensifies military cooperation

Germany intensifies military cooperation

Pakistan and Germany signed a military agreement in Rawalpindi Tuesday during a meeting between German Defence Minister Thomas de Maiziere and his counterpart, Ahmed Mukhtar. The agreement, coming after three years of preparation, is primarily aimed at th
Published 14 Mar, 2012 12:00am
Urea price increased to Rs 1600 per 50kg bag

Urea price increased to Rs 1600 per 50kg bag

The Economic Co-ordination Committee (ECC) of the Cabinet on Tuesday approved exemption of 16 percent general sales tax (GST) on the fixed charge of hydroelectric power, increased urea price from Rs 1300 to Rs 1600 per 50kg bag and approved a loan of Rs 6
Published 14 Mar, 2012 12:00am
Urea price increased to Rs 1600 per 50kg bag

Urea price increased to Rs 1600 per 50kg bag

The Economic Co-ordination Committee (ECC) of the Cabinet on Tuesday approved exemption of 16 percent general sales tax (GST) on the fixed charge of hydroelectric power, increased urea price from Rs 1300 to Rs 1600 per 50kg bag and approved a loan of Rs 6
Published 14 Mar, 2012 12:00am
Urea price increased to Rs 1600 per 50kg bag

Urea price increased to Rs 1600 per 50kg bag

The Economic Co-ordination Committee (ECC) of the Cabinet on Tuesday approved exemption of 16 percent general sales tax (GST) on the fixed charge of hydroelectric power, increased urea price from Rs 1300 to Rs 1600 per 50kg bag and approved a loan of Rs 6
Published 14 Mar, 2012 12:00am
Price mechanism to be renegotiated: ICBC withdraws from commitment

Price mechanism to be renegotiated: ICBC withdraws from commitment

A high-level delegation of Ministry of Petroleum and Natural Resources led by Petroleum Minister Dr Asim Hussain will visit Iran in the next couple of days to renegotiate price mechanism of gas under Iran-Pakistan gas pipeline project, it was learnt.
Published 14 Mar, 2012 12:00am
Price mechanism to be renegotiated: ICBC withdraws from commitment

Price mechanism to be renegotiated: ICBC withdraws from commitment

A high-level delegation of Ministry of Petroleum and Natural Resources led by Petroleum Minister Dr Asim Hussain will visit Iran in the next couple of days to renegotiate price mechanism of gas under Iran-Pakistan gas pipeline project, it was learnt.
Published 14 Mar, 2012 12:00am
Price mechanism to be renegotiated: ICBC withdraws from commitment

Price mechanism to be renegotiated: ICBC withdraws from commitment

A high-level delegation of Ministry of Petroleum and Natural Resources led by Petroleum Minister Dr Asim Hussain will visit Iran in the next couple of days to renegotiate price mechanism of gas under Iran-Pakistan gas pipeline project, it was learnt.
Published 14 Mar, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Tuesday (March 13, 2012).

Published 14 Mar, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Tuesday (March 13, 2012).

Published 14 Mar, 2012 12:00am
Bring back Shafique Ullah, CJP tells Railways authorities

Bring back Shafique Ullah, CJP tells Railways authorities

Resuming hearing of a suo motu case relating to irregularities and non-payment of salaries to workers of Pakistan Railways, the Supreme Court issued directives to re-transfer Secretary Railway Board Shafique Ullah, saying that he was showing to the judici
Published 14 Mar, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Tuesday (March 13, 2012).

Published 14 Mar, 2012 12:00am
Bring back Shafique Ullah, CJP tells Railways authorities

Bring back Shafique Ullah, CJP tells Railways authorities

Resuming hearing of a suo motu case relating to irregularities and non-payment of salaries to workers of Pakistan Railways, the Supreme Court issued directives to re-transfer Secretary Railway Board Shafique Ullah, saying that he was showing to the judici
Published 14 Mar, 2012 12:00am
Bring back Shafique Ullah, CJP tells Railways authorities

Bring back Shafique Ullah, CJP tells Railways authorities

Resuming hearing of a suo motu case relating to irregularities and non-payment of salaries to workers of Pakistan Railways, the Supreme Court issued directives to re-transfer Secretary Railway Board Shafique Ullah, saying that he was showing to the judici
Published 14 Mar, 2012 12:00am
Bring back Shafique Ullah, CJP tells Railways authorities

Bring back Shafique Ullah, CJP tells Railways authorities

Resuming hearing of a suo motu case relating to irregularities and non-payment of salaries to workers of Pakistan Railways, the Supreme Court issued directives to re-transfer Secretary Railway Board Shafique Ullah, saying that he was showing to the judici
Published 14 Mar, 2012 12:00am
Cabinet may approve draft Climate Change Policy today

Cabinet may approve draft Climate Change Policy today

The federal cabinet is likely to approve draft National Climate Change Policy on Wednesday (today) keeping in view the current global climate changes, official sources told Business Recorder. Pakistan is among the countries that are worst affected
Published 14 Mar, 2012 12:00am
Cabinet may approve draft Climate Change Policy today

Cabinet may approve draft Climate Change Policy today

The federal cabinet is likely to approve draft National Climate Change Policy on Wednesday (today) keeping in view the current global climate changes, official sources told Business Recorder. Pakistan is among the countries that are worst affected
Published 14 Mar, 2012 12:00am
US stocks score best day this year as banks soar

US stocks score best day this year as banks soar

The US stock market posted its best day this year, with Tuesday''s late spark coming from J.P. Morgan Chase & Co after the bank announced it will raise its dividend. The S&P 500 closed at a level not seen since June 2008 in a sign that the market foresees
Published 14 Mar, 2012 12:00am
US stocks score best day this year as banks soar

US stocks score best day this year as banks soar

The US stock market posted its best day this year, with Tuesday's late spark coming from J.P. Morgan Chase & Co after the bank announced it will raise its dividend. The S&P 500 closed at a level not seen since June 2008 in a sign that the market foresees
Published 14 Mar, 2012 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Tuesday (March 13, 2012).

Published 14 Mar, 2012 12:00am
US stocks score best day this year as banks soar

US stocks score best day this year as banks soar

The US stock market posted its best day this year, with Tuesday's late spark coming from J.P. Morgan Chase & Co after the bank announced it will raise its dividend. The S&P 500 closed at a level not seen since June 2008 in a sign that the market foresees
Published 14 Mar, 2012 12:00am
BRIndex30 down by 119.51 points

BRIndex30 down by 119.51 points

On Tuesday, BRIndex30 opened at 10,338.50. It touched an intraday high of 10,384.75 and an intraday low of 10,210.35 and closed at 10,218.99 which was -119.51 points or -1.16 percent lower than previous close. Total volume was 183,473,622, which was 58.51
Published 14 Mar, 2012 12:00am
BRIndex30 down by 119.51 points

BRIndex30 down by 119.51 points

On Tuesday, BRIndex30 opened at 10,338.50. It touched an intraday high of 10,384.75 and an intraday low of 10,210.35 and closed at 10,218.99 which was -119.51 points or -1.16 percent lower than previous close. Total volume was 183,473,622, which was 58.51
Published 14 Mar, 2012 12:00am
Index sheds 98.89 points

Index sheds 98.89 points

After one day of bullish trend, Karachi stock market on Tuesday closed in negative zone owing to profit taking by the institutions. The bench mark KSE-100 index decline by 98.89 points to close at 13,283.65 points from 13,382.54 points. During the trading
Published 14 Mar, 2012 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (March 13, 2012).

Published 14 Mar, 2012 12:00am
Index sheds 98.89 points

Index sheds 98.89 points

After one day of bullish trend, Karachi stock market on Tuesday closed in negative zone owing to profit taking by the institutions. The bench mark KSE-100 index decline by 98.89 points to close at 13,283.65 points from 13,382.54 points. During the trading
Published 14 Mar, 2012 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (March 13, 2012).
Published 14 Mar, 2012 12:00am
Index sheds 98.89 points

Index sheds 98.89 points

After one day of bullish trend, Karachi stock market on Tuesday closed in negative zone owing to profit taking by the institutions. The bench mark KSE-100 index decline by 98.89 points to close at 13,283.65 points from 13,382.54 points. During the trading
Published 14 Mar, 2012 12:00am
KSE brokers: regulations governing system audit revamped

KSE brokers: regulations governing system audit revamped

In continuation of its efforts to enhance transparency and reinforce investor confidence in the capital market, the Securities and Exchange Commission of Pakistan (SECP) has revamped the regulations governing system audit of the brokers of the Karachi Sto
Published 14 Mar, 2012 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 (March 13, 2012).

Published 14 Mar, 2012 12:00am
KSE brokers: regulations governing system audit revamped

KSE brokers: regulations governing system audit revamped

In continuation of its efforts to enhance transparency and reinforce investor confidence in the capital market, the Securities and Exchange Commission of Pakistan (SECP) has revamped the regulations governing system audit of the brokers of the Karachi Sto
Published 14 Mar, 2012 12:00am
KSE brokers: regulations governing system audit revamped

KSE brokers: regulations governing system audit revamped

In continuation of its efforts to enhance transparency and reinforce investor confidence in the capital market, the Securities and Exchange Commission of Pakistan (SECP) has revamped the regulations governing system audit of the brokers of the Karachi Sto
Published 14 Mar, 2012 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 (March 13, 2012).

Published 14 Mar, 2012 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 (March 13, 2012).

Published 14 Mar, 2012 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 (March 13, 2012).

Published 14 Mar, 2012 12:00am
EU, US, Japan launch rare earth WTO case against China

EU, US, Japan launch rare earth WTO case against China

The United States, Europe and Japan joined forces on Tuesday against China''s restrictions on exports of rare earth minerals that are critical to production of advanced technology and clean energy goods expected to provide the jobs of the future.
Published 14 Mar, 2012 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 14 Mar, 2012 12:00am
EU, US, Japan launch rare earth WTO case against China

EU, US, Japan launch rare earth WTO case against China

The United States, Europe and Japan joined forces on Tuesday against China's restrictions on exports of rare earth minerals that are critical to production of advanced technology and clean energy goods expected to provide the jobs of the future.
Published 14 Mar, 2012 12:00am
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