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Nov 13, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2012-03-21
THE RUPEE: divergent trend

THE RUPEE: divergent trend

The rupee moved both ways on the currency market on Tuesday in process of trading, dealers said. Commenting on the demand and supply position of dollar in the money market, traders said persistent dollar demand from oil importers, the biggest buyers of th
Published 21 Mar, 2012 12:00am
Airlines could face bankruptcy if fuel price reaches $150: IATA

Airlines could face bankruptcy if fuel price reaches $150: IATA

The airline industry group IATA cut its 2012 profit forecast for the airline sector to $3.0 billion ($2.3 billion) from $3.5 billion on Tuesday as tensions in the Gulf push fuel prices up. If fuel prices were to soar to $150 a barrel from about $120 at th
Published 21 Mar, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Tuesday (March 20, 2012).

Published 21 Mar, 2012 12:00am
Airlines could face bankruptcy if fuel price reaches $150: IATA

Airlines could face bankruptcy if fuel price reaches $150: IATA

The airline industry group IATA cut its 2012 profit forecast for the airline sector to $3.0 billion ($2.3 billion) from $3.5 billion on Tuesday as tensions in the Gulf push fuel prices up. If fuel prices were to soar to $150 a barrel from about $120 at th
Published 21 Mar, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Tuesday (March 20, 2012).

Published 21 Mar, 2012 12:00am
Airlines could face bankruptcy if fuel price reaches $150: IATA

Airlines could face bankruptcy if fuel price reaches $150: IATA

The airline industry group IATA cut its 2012 profit forecast for the airline sector to $3.0 billion ($2.3 billion) from $3.5 billion on Tuesday as tensions in the Gulf push fuel prices up. If fuel prices were to soar to $150 a barrel from about $120 at th
Published 21 Mar, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Tuesday (March 20, 2012).

Published 21 Mar, 2012 12:00am
Harry Potter actor jailed for rioting in London

Harry Potter actor jailed for rioting in London

Actor Jamie Waylett, who played Hogwarts bully Vincent Crabbe in six of the Harry Potter films, was jailed for two years on Tuesday for being part of a mob during last summer's riots in London. Waylett, 22, was found guilty of violent disorder by a jury a
Published 21 Mar, 2012 12:00am
Harry Potter actor jailed for rioting in London

Harry Potter actor jailed for rioting in London

Actor Jamie Waylett, who played Hogwarts bully Vincent Crabbe in six of the Harry Potter films, was jailed for two years on Tuesday for being part of a mob during last summer's riots in London. Waylett, 22, was found guilty of violent disorder by a jury a
Published 21 Mar, 2012 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (March 20, 2012).

Published 21 Mar, 2012 12:00am
RBS shutting down some Asian units

RBS shutting down some Asian units

Royal Bank of Scotland Plc is closing its equity capital market and corporate finance units in South Korea and cash equities businesses in Indonesia, Korea and Singapore in the latest move to cut the size of its struggling investment bank.
Published 21 Mar, 2012 12:00am
RBS shutting down some Asian units

RBS shutting down some Asian units

Royal Bank of Scotland Plc is closing its equity capital market and corporate finance units in South Korea and cash equities businesses in Indonesia, Korea and Singapore in the latest move to cut the size of its struggling investment bank.
Published 21 Mar, 2012 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 21 Mar, 2012 12:00am
RBS shutting down some Asian units

RBS shutting down some Asian units

Royal Bank of Scotland Plc is closing its equity capital market and corporate finance units in South Korea and cash equities businesses in Indonesia, Korea and Singapore in the latest move to cut the size of its struggling investment bank.
Published 21 Mar, 2012 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 21 Mar, 2012 12:00am
India court rejects government plea against Vodafone verdict

India court rejects government plea against Vodafone verdict

India''s Supreme Court on Tuesday rejected a government plea for a review of its judgement dismissing a $2.2-billion tax bill imposed on British mobile phone giant Vodafone. The government had argued that the Supreme Court had made legal errors in its dis
Published 21 Mar, 2012 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 21 Mar, 2012 12:00am
India court rejects government plea against Vodafone verdict

India court rejects government plea against Vodafone verdict

India's Supreme Court on Tuesday rejected a government plea for a review of its judgement dismissing a $2.2-billion tax bill imposed on British mobile phone giant Vodafone. The government had argued that the Supreme Court had made legal errors in its dism
Published 21 Mar, 2012 12:00am
India court rejects government plea against Vodafone verdict

India court rejects government plea against Vodafone verdict

India's Supreme Court on Tuesday rejected a government plea for a review of its judgement dismissing a $2.2-billion tax bill imposed on British mobile phone giant Vodafone. The government had argued that the Supreme Court had made legal errors in its dism
Published 21 Mar, 2012 12:00am
Divided UNSC seeks accord on Syria statement

Divided UNSC seeks accord on Syria statement

The divided UN Security Council on Tuesday negotiated a statement on the Syria crisis amid warnings from Russia that it will not accept any "ultimatum" against President Bashar al-Assad. Diplomats from the 15-nation council held four hours of talks on a W
Published 21 Mar, 2012 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 21 Mar, 2012 12:00am
Divided UNSC seeks accord on Syria statement

Divided UNSC seeks accord on Syria statement

The divided UN Security Council on Tuesday negotiated a statement on the Syria crisis amid warnings from Russia that it will not accept any "ultimatum" against President Bashar al-Assad. Diplomats from the 15-nation council held four hours of talks on a W
Published 21 Mar, 2012 12:00am
PBA condemns disruptions to cable network

PBA condemns disruptions to cable network

Pakistan Broadcasters Association (PBA) strongly condemned the disruption to cable network in large areas of Karachi by workers of a political party. In the past other political parties have also illegally interfered with the public's right to know.
Published 21 Mar, 2012 12:00am
PBA condemns disruptions to cable network

PBA condemns disruptions to cable network

Pakistan Broadcasters Association (PBA) strongly condemned the disruption to cable network in large areas of Karachi by workers of a political party. In the past other political parties have also illegally interfered with the public's right to know.
Published 21 Mar, 2012 12:00am
FBR, SRB lock horns over ST collection on advertisements

FBR, SRB lock horns over ST collection on advertisements

Yet another apple of discord is said to be reaped between the Federal Board of Revenue (FBR) and Sindh Revenue Board (SRB) over the collection of sales tax on advertisements. According to sources, the FBR has taken a firm stand not to allow registered per
Published 21 Mar, 2012 12:00am
FBR, SRB lock horns over ST collection on advertisements

FBR, SRB lock horns over ST collection on advertisements

Yet another apple of discord is said to be reaped between the Federal Board of Revenue (FBR) and Sindh Revenue Board (SRB) over the collection of sales tax on advertisements. According to sources, the FBR has taken a firm stand not to allow registered per
Published 21 Mar, 2012 12:00am
FBR, SRB lock horns over ST collection on advertisements

FBR, SRB lock horns over ST collection on advertisements

Yet another apple of discord is said to be reaped between the Federal Board of Revenue (FBR) and Sindh Revenue Board (SRB) over the collection of sales tax on advertisements. According to sources, the FBR has taken a firm stand not to allow registered per
Published 21 Mar, 2012 12:00am
Court urged to quash FIR against Osama's wife

Court urged to quash FIR against Osama's wife

Zakarya Al Sada, brother-in-law of the late Osama bin Laden, on Tuesday filed a petition in the Islamabad High Court (IHC), seeking court's direction to quash the First Information Report (FIR) against her sister Amal, who and her five children are presen
Published 21 Mar, 2012 12:00am
Court urged to quash FIR against Osama's wife

Court urged to quash FIR against Osama's wife

Zakarya Al Sada, brother-in-law of the late Osama bin Laden, on Tuesday filed a petition in the Islamabad High Court (IHC), seeking court's direction to quash the First Information Report (FIR) against her sister Amal, who and her five children are presen
Published 21 Mar, 2012 12:00am
Equities move both ways on ISE

Equities move both ways on ISE

Equities moved both ways on 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 improvement of 19.49 points as the ISE Ten Index moved from 2,770.90
Published 21 Mar, 2012 12:00am
Equities move both ways on ISE

Equities move both ways on ISE

Equities moved both ways on 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 improvement of 19.49 points as the ISE Ten Index moved from 2,770.90
Published 21 Mar, 2012 12:00am
LSE gains 65.09 points

LSE gains 65.09 points

Bullish sentiments dominated on the Lahore Stock Exchange and the equities registered gains across the board under the lead of blue chips of potential sectors. The LSE-20 index was improved by 65.09 points and was closed at 3445.17 against 3380.08 of Mond
Published 21 Mar, 2012 12:00am
LSE gains 65.09 points

LSE gains 65.09 points

Bullish sentiments dominated on the Lahore Stock Exchange and the equities registered gains across the board under the lead of blue chips of potential sectors. The LSE-20 index was improved by 65.09 points and was closed at 3445.17 against 3380.08 of Mond
Published 21 Mar, 2012 12:00am
Islamabad urged to pursue IP gas project

Islamabad urged to pursue IP gas project

Parliamentary Committee on National Security (PCNS) has urged the government to actively pursue IP gas pipeline project to ease crippling energy crisis in the country. The Committee headed by Senator Raza Rabbani compromised parliamentarians of all the po
Published 21 Mar, 2012 12:00am
Islamabad urged to pursue IP gas project

Islamabad urged to pursue IP gas project

Parliamentary Committee on National Security (PCNS) has urged the government to actively pursue IP gas pipeline project to ease crippling energy crisis in the country. The Committee headed by Senator Raza Rabbani compromised parliamentarians of all the po
Published 21 Mar, 2012 12:00am
Islamabad urged to pursue IP gas project

Islamabad urged to pursue IP gas project

Parliamentary Committee on National Security (PCNS) has urged the government to actively pursue IP gas pipeline project to ease crippling energy crisis in the country. The Committee headed by Senator Raza Rabbani compromised parliamentarians of all the po
Published 21 Mar, 2012 12:00am
US holds off formal response

US holds off formal response

The United States said Tuesday it supported calls by Pakistan for mutual respect but held off a formal response to a parliamentary demand for an apology over a deadly air raid. Pakistani lawmakers earlier Tuesday called for taxes on Nato convoys and deman
Published 21 Mar, 2012 12:00am
US holds off formal response

US holds off formal response

The United States said Tuesday it supported calls by Pakistan for mutual respect but held off a formal response to a parliamentary demand for an apology over a deadly air raid. Pakistani lawmakers earlier Tuesday called for taxes on Nato convoys and deman
Published 21 Mar, 2012 12:00am
PCNS unveils recommendations: government asked to seek apology from US

PCNS unveils recommendations: government asked to seek apology from US

Parliamentary Committee on National Security (PCNS) Tuesday presented recommendations on new terms of engagement with the US, ISAF/Nato to the parliament, asking the government to seek an unconditional apology from Washington for November 26 air-strike on
Published 21 Mar, 2012 12:00am
PCNS unveils recommendations: government asked to seek apology from US

PCNS unveils recommendations: government asked to seek apology from US

Parliamentary Committee on National Security (PCNS) Tuesday presented recommendations on new terms of engagement with the US, ISAF/Nato to the parliament, asking the government to seek an unconditional apology from Washington for November 26 air-strike on
Published 21 Mar, 2012 12:00am
Goods imported or in transit: Committee recommends taxes, charges

Goods imported or in transit: Committee recommends taxes, charges

Parliamentary Committee on National Security (PCNS) here on Tuesday recommended that taxes and other charges must be levied on all goods imported in or transit through Pakistan, for use of infrastructure and to compensate for its deterioration. Such charg
Published 21 Mar, 2012 12:00am
Goods imported or in transit: Committee recommends taxes, charges

Goods imported or in transit: Committee recommends taxes, charges

Parliamentary Committee on National Security (PCNS) here on Tuesday recommended that taxes and other charges must be levied on all goods imported in or transit through Pakistan, for use of infrastructure and to compensate for its deterioration. Such charg
Published 21 Mar, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Tuesday (March 20, 2012).

Published 21 Mar, 2012 12:00am
Goods imported or in transit: Committee recommends taxes, charges

Goods imported or in transit: Committee recommends taxes, charges

Parliamentary Committee on National Security (PCNS) here on Tuesday recommended that taxes and other charges must be levied on all goods imported in or transit through Pakistan, for use of infrastructure and to compensate for its deterioration. Such charg
Published 21 Mar, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Tuesday (March 20, 2012).

Published 21 Mar, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Tuesday (March 20, 2012).

Published 21 Mar, 2012 12:00am
Documents produced: Haqqani required to either accept or deny

Documents produced: Haqqani required to either accept or deny

The Memo Commission on Tuesday observed that Mansoor Ijaz has concluded his evidence while Hussain Haqqani has not carried out the admission or denial of documents. The Commission observed that Haqqani has been granted three opportunities to complete the
Published 21 Mar, 2012 12:00am
Documents produced: Haqqani required to either accept or deny

Documents produced: Haqqani required to either accept or deny

The Memo Commission on Tuesday observed that Mansoor Ijaz has concluded his evidence while Hussain Haqqani has not carried out the admission or denial of documents. The Commission observed that Haqqani has been granted three opportunities to complete the
Published 21 Mar, 2012 12:00am
BRIndex30 rises by 191.67 points

BRIndex30 rises by 191.67 points

On Tuesday, BRIndex30 opened at 9,792.13. It touched an intraday high of 9,994.76 and an intraday low of 9,782.52 and closed at 9,983.80 which was 191.67 points or 1.96 percent higher than previous close. Total volume was 132,676,929, which was 53.54 perc
Published 21 Mar, 2012 12:00am
BRIndex30 rises by 191.67 points

BRIndex30 rises by 191.67 points

On Tuesday, BRIndex30 opened at 9,792.13. It touched an intraday high of 9,994.76 and an intraday low of 9,782.52 and closed at 9,983.80 which was 191.67 points or 1.96 percent higher than previous close. Total volume was 132,676,929, which was 53.54 perc
Published 21 Mar, 2012 12:00am
Index up 225.61 points

Index up 225.61 points

The Karachi share market on Tuesday witnessed a bullish trend on the back of local and foreign investors and institutional interest mainly in E&P, cement, fertiliser and banking sector stocks. The foreign investors remained active and a healthy single day
Published 21 Mar, 2012 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Tuesday (March 20, 2012).

Published 21 Mar, 2012 12:00am
Index up 225.61 points

Index up 225.61 points

The Karachi share market on Tuesday witnessed a bullish trend on the back of local and foreign investors and institutional interest mainly in E&P, cement, fertiliser and banking sector stocks. The foreign investors remained active and a healthy single day
Published 21 Mar, 2012 12:00am
Index up 225.61 points

Index up 225.61 points

The Karachi share market on Tuesday witnessed a bullish trend on the back of local and foreign investors and institutional interest mainly in E&P, cement, fertiliser and banking sector stocks. The foreign investors remained active and a healthy single day
Published 21 Mar, 2012 12:00am
Bank holiday

Bank holiday

The State Bank of Pakistan and all offices of SBP Banking Services Corporation, including the Public Debt Offices, will remain closed on Friday, March 23, being Public Holiday declared by the Government of Pakistan on the occasion of Pakistan Day.
Published 21 Mar, 2012 12:00am
Bank holiday

Bank holiday

The State Bank of Pakistan and all offices of SBP Banking Services Corporation, including the Public Debt Offices, will remain closed on Friday, March 23, being Public Holiday declared by the Government of Pakistan on the occasion of Pakistan Day.
Published 21 Mar, 2012 12:00am
Bank holiday

Bank holiday

The State Bank of Pakistan and all offices of SBP Banking Services Corporation, including the Public Debt Offices, will remain closed on Friday, March 23, being Public Holiday declared by the Government of Pakistan on the occasion of Pakistan Day.
Published 21 Mar, 2012 12:00am
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