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Print - 2012-04-20
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (April 19, 2012).

Published 20 Apr, 2012 12:00am
'Merit upholding essential for development'

'Merit upholding essential for development'

Punjab Chief Minister Shahbaz Sharif has said that upholding of merit is essential for development and prosperity of the country. He said that merit has been promoted in the province and all appointments have been made purely on merit. He said that party
Published 20 Apr, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (April 19, 2012).

Published 20 Apr, 2012 12:00am
Youth Parliament demands 21st amendment for FATA reforms

Youth Parliament demands 21st amendment for FATA reforms

The Youth Parliament Pakistan on Thursday unanimously adopted a motion calling for 21st constitutional amendment to remove all constitutional hitches in provision of legal, social and political rights to the people of Federally Administered Tribal Areas (
Published 20 Apr, 2012 12:00am
Petition filed against Haqqani

Petition filed against Haqqani

A petition filed before the Supreme Court has sought the arrest of former Pakistan Ambassador to US Hussain Haqqani and his appearance before the judicial commission investigating the Memo scandal. The petitioner, Zafarullah Khan of Watan Party, prayed to
Published 20 Apr, 2012 12:00am
'Chinese companies showing interest to invest in Pakistan'

'Chinese companies showing interest to invest in Pakistan'

Jiangsu University Vice-President Zhou Ruguang said that Chinese companies were showing interest to invest in Pakistan. He said that the basic purpose of Pak-China business forum was to promote trade relations with Pakistan which had been very successful
Published 20 Apr, 2012 12:00am
THE RUPEE: slight fluctuations

THE RUPEE: slight fluctuations

Marginal changes were seen on the currency market on Thursday as the rupee moved slowly versus the dollar during the session, dealers said. The rupee gained one paisa in relation to the greenback for buying at 90.70 while it did not show any change for se
Published 20 Apr, 2012 12:00am
WHO to support upcoming polio campaign in Punjab

WHO to support upcoming polio campaign in Punjab

World Health Organisation (WHO) is working with the Government of Punjab to support preparations for the three-day National Immunisation Campaign, being held in Punjab from April 23-25. WHO has joined hands with the Government of Punjab, in their campaign
Published 20 Apr, 2012 12:00am
THE RUPEE: slight fluctuations

THE RUPEE: slight fluctuations

Marginal changes were seen on the currency market on Thursday as the rupee moved slowly versus the dollar during the session, dealers said. The rupee gained one paisa in relation to the greenback for buying at 90.70 while it did not show any change for se
Published 20 Apr, 2012 12:00am
India tests first long-range, nuclear-capable missile

India tests first long-range, nuclear-capable missile

India on Thursday successfully tested its first nuclear-capable intercontinental ballistic missile, joining a select group of countries that possess such technology. The Agni-V with a range of more than 5,000 kilometres was launched from a military base o
Published 20 Apr, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (April 19, 2012).

Published 20 Apr, 2012 12:00am
India tests first long-range, nuclear-capable missile

India tests first long-range, nuclear-capable missile

India on Thursday successfully tested its first nuclear-capable intercontinental ballistic missile, joining a select group of countries that possess such technology. The Agni-V with a range of more than 5,000 kilometres was launched from a military base o
Published 20 Apr, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (April 19, 2012).

Published 20 Apr, 2012 12:00am
Current fiscal: export target trimmed by $2 billion

Current fiscal: export target trimmed by $2 billion

The government has revised the export target down by $2 billion for the current fiscal year - from $26.7 billion to $24.7 billion, sources said on Thursday. They said that the country''s exports had been adversely affected in the current fiscal year in te
Published 20 Apr, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (April 19, 2012).

Published 20 Apr, 2012 12:00am
Current fiscal: export target trimmed by $2 billion

Current fiscal: export target trimmed by $2 billion

The government has revised the export target down by $2 billion for the current fiscal year - from $26.7 billion to $24.7 billion, sources said on Thursday. They said that the country's exports had been adversely affected in the current fiscal year in ter
Published 20 Apr, 2012 12:00am
Current fiscal: export target trimmed by $2 billion

Current fiscal: export target trimmed by $2 billion

The government has revised the export target down by $2 billion for the current fiscal year - from $26.7 billion to $24.7 billion, sources said on Thursday. They said that the country's exports had been adversely affected in the current fiscal year in ter
Published 20 Apr, 2012 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (April 19, 2012).

Published 20 Apr, 2012 12:00am
ST on bricks, cement blocks to continue

ST on bricks, cement blocks to continue

Despite negligible sales tax collection from brick-kilns owners during 2011-2012, the Federal Board of Revenue (FBR) has no intention to abolish sales tax on bricks and building blocks of cement, including ready-mix concrete blocks in the upcoming budget
Published 20 Apr, 2012 12:00am
ST on bricks, cement blocks to continue

ST on bricks, cement blocks to continue

Despite negligible sales tax collection from brick-kilns owners during 2011-2012, the Federal Board of Revenue (FBR) has no intention to abolish sales tax on bricks and building blocks of cement, including ready-mix concrete blocks in the upcoming budget
Published 20 Apr, 2012 12:00am
ST on bricks, cement blocks to continue

ST on bricks, cement blocks to continue

Despite negligible sales tax collection from brick-kilns owners during 2011-2012, the Federal Board of Revenue (FBR) has no intention to abolish sales tax on bricks and building blocks of cement, including ready-mix concrete blocks in the upcoming budget
Published 20 Apr, 2012 12:00am
Ban on pillion riding lifted

Ban on pillion riding lifted

The ban on pillion riding lifted from Thursday's midnight. A statement here on Thursday said the directive to this effect had been issued by the Sindh Home Minister, Manzoor Hussain Wassan, to Additional Chief Secretary (Home). He said that the decision i
Published 20 Apr, 2012 12:00am
Ban on pillion riding lifted

Ban on pillion riding lifted

The ban on pillion riding lifted from Thursday's midnight. A statement here on Thursday said the directive to this effect had been issued by the Sindh Home Minister, Manzoor Hussain Wassan, to Additional Chief Secretary (Home). He said that the decision i
Published 20 Apr, 2012 12:00am
Lagarde assures IMF able to boost crisis funds

Lagarde assures IMF able to boost crisis funds

IMF head Christine Lagarde said Thursday that it would be able to boost its crisis intervention capacity this week as worries mounted that Spain might be the next eurozone country to seek a rescue. Warning that "dark clouds" still hover over the global ec
Published 20 Apr, 2012 12:00am
Lagarde assures IMF able to boost crisis funds

Lagarde assures IMF able to boost crisis funds

IMF head Christine Lagarde said Thursday that it would be able to boost its crisis intervention capacity this week as worries mounted that Spain might be the next eurozone country to seek a rescue. Warning that "dark clouds" still hover over the global ec
Published 20 Apr, 2012 12:00am
Lagarde assures IMF able to boost crisis funds

Lagarde assures IMF able to boost crisis funds

IMF head Christine Lagarde said Thursday that it would be able to boost its crisis intervention capacity this week as worries mounted that Spain might be the next eurozone country to seek a rescue. Warning that "dark clouds" still hover over the global ec
Published 20 Apr, 2012 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 20 Apr, 2012 12:00am
Board meetings

Board meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 20 Apr, 2012 12:00am
Board meetings in progress

Board meetings in progress

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

Published 20 Apr, 2012 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 20 Apr, 2012 12:00am
HBL, Silkbank also interested in HSBC

HBL, Silkbank also interested in HSBC

Habib Bank Limited and Silkbank have also shown willingness to acquire Hong Kong and Shanghai Banking Corporation (HSBC) Pakistan, which has decided to wind up its operations in the country under restructuring plans. Sources in banking sector told Busi
Published 20 Apr, 2012 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 20 Apr, 2012 12:00am
HBL, Silkbank also interested in HSBC

HBL, Silkbank also interested in HSBC

Habib Bank Limited and Silkbank have also shown willingness to acquire Hong Kong and Shanghai Banking Corporation (HSBC) Pakistan, which has decided to wind up its operations in the country under restructuring plans. Sources in banking sector told Busi
Published 20 Apr, 2012 12:00am
HBL, Silkbank also interested in HSBC

HBL, Silkbank also interested in HSBC

Habib Bank Limited and Silkbank have also shown willingness to acquire Hong Kong and Shanghai Banking Corporation (HSBC) Pakistan, which has decided to wind up its operations in the country under restructuring plans. Sources in banking sector told Busi
Published 20 Apr, 2012 12:00am
Syria-UN agree on terms of monitoring mission

Syria-UN agree on terms of monitoring mission

Syria and the United Nations signed an agreement on Thursday on terms for hundreds of observers to monitor a ceasefire, but diplomatic wrangling still lies ahead to persuade the West the mission will have the clout needed to ensure peace.
Published 20 Apr, 2012 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 20 Apr, 2012 12:00am
Syria-UN agree on terms of monitoring mission

Syria-UN agree on terms of monitoring mission

Syria and the United Nations signed an agreement on Thursday on terms for hundreds of observers to monitor a ceasefire, but diplomatic wrangling still lies ahead to persuade the West the mission will have the clout needed to ensure peace.
Published 20 Apr, 2012 12:00am
Senior Dawn journalist found dead

Senior Dawn journalist found dead

Dawn newspaper says one of its senior journalists has been murdered in Karachi. In a report on its website, Dawn says Murtaza Razvi was murdered early Thursday. His body was found in an apartment in an upscale area of the city. It was not clear if the kil
Published 20 Apr, 2012 12:00am
Senior Dawn journalist found dead

Senior Dawn journalist found dead

Dawn newspaper says one of its senior journalists has been murdered in Karachi. In a report on its website, Dawn says Murtaza Razvi was murdered early Thursday. His body was found in an apartment in an upscale area of the city. It was not clear if the kil
Published 20 Apr, 2012 12:00am
Saudi Arabia offers customers extra crude

Saudi Arabia offers customers extra crude

Saudi Arabia is offering extra crude supplies to some of its existing customers, industry sources said on Thursday, probably because it has more available while its own refineries are undergoing maintenance. Saudi Arabia is already pumping oil at the high
Published 20 Apr, 2012 12:00am
Saudi Arabia offers customers extra crude

Saudi Arabia offers customers extra crude

Saudi Arabia is offering extra crude supplies to some of its existing customers, industry sources said on Thursday, probably because it has more available while its own refineries are undergoing maintenance. Saudi Arabia is already pumping oil at the high
Published 20 Apr, 2012 12:00am
Saudi Arabia offers customers extra crude

Saudi Arabia offers customers extra crude

Saudi Arabia is offering extra crude supplies to some of its existing customers, industry sources said on Thursday, probably because it has more available while its own refineries are undergoing maintenance. Saudi Arabia is already pumping oil at the high
Published 20 Apr, 2012 12:00am
Nato cargo: government considering special tax

Nato cargo: government considering special tax

The government is considering imposing a special tax on Nato containers carrying goods to Afghanistan, said Dr Arbab Alamgir Khan Federal Minister for Communications on Thursday. Addressing a press conference, he said that Pakistan''s roads and infrastruc
Published 20 Apr, 2012 12:00am
Nato cargo: government considering special tax

Nato cargo: government considering special tax

The government is considering imposing a special tax on Nato containers carrying goods to Afghanistan, said Dr Arbab Alamgir Khan Federal Minister for Communications on Thursday. Addressing a press conference, he said that Pakistan's roads and infrastruct
Published 20 Apr, 2012 12:00am
Nato cargo: government considering special tax

Nato cargo: government considering special tax

The government is considering imposing a special tax on Nato containers carrying goods to Afghanistan, said Dr Arbab Alamgir Khan Federal Minister for Communications on Thursday. Addressing a press conference, he said that Pakistan's roads and infrastruct
Published 20 Apr, 2012 12:00am
No escape from writing letter, Aitzaz told

No escape from writing letter, Aitzaz told

The Supreme Court on Thursday said if it was assumed that Asif Ali Zardari did enjoy presidential immunity, it (immunity) might shield him from prosecution, but not from writing a letter to the Swiss authorities. Resuming the hearing of a contempt of cour
Published 20 Apr, 2012 12:00am
No escape from writing letter, Aitzaz told

No escape from writing letter, Aitzaz told

The Supreme Court on Thursday said if it was assumed that Asif Ali Zardari did enjoy presidential immunity, it (immunity) might shield him from prosecution, but not from writing a letter to the Swiss authorities. Resuming the hearing of a contempt of cour
Published 20 Apr, 2012 12:00am
Gas price to be renegotiated with Iran

Gas price to be renegotiated with Iran

Pakistan will renegotiate gas price with Iran under the (IP) gas pipeline project as the price of Turkmenistan-Afghanistan-Pakistan-India (Tapi) gas is cheaper, sources close to Petroleum Secretary told Business Recorder. This was disclosed at a me
Published 20 Apr, 2012 12:00am
Gas price to be renegotiated with Iran

Gas price to be renegotiated with Iran

Pakistan will renegotiate gas price with Iran under the (IP) gas pipeline project as the price of Turkmenistan-Afghanistan-Pakistan-India (Tapi) gas is cheaper, sources close to Petroleum Secretary told Business Recorder. This was disclosed at a me
Published 20 Apr, 2012 12:00am
Gas price to be renegotiated with Iran

Gas price to be renegotiated with Iran

Pakistan will renegotiate gas price with Iran under the (IP) gas pipeline project as the price of Turkmenistan-Afghanistan-Pakistan-India (Tapi) gas is cheaper, sources close to Petroleum Secretary told Business Recorder. This was disclosed at a me
Published 20 Apr, 2012 12:00am
Pakistan 'disappointed': Bangladesh court orders team's tour delay

Pakistan 'disappointed': Bangladesh court orders team's tour delay

The Bangladesh high court on Thursday ordered the national team's upcoming tour of Pakistan to be postponed for at least four weeks due to security fears. Bangladesh were set to play a 50-over game and a Twenty20 international on April 29 and 30 in Lahore
Published 20 Apr, 2012 12:00am
Pakistan 'disappointed': Bangladesh court orders team's tour delay

Pakistan 'disappointed': Bangladesh court orders team's tour delay

The Bangladesh high court on Thursday ordered the national team's upcoming tour of Pakistan to be postponed for at least four weeks due to security fears. Bangladesh were set to play a 50-over game and a Twenty20 international on April 29 and 30 in Lahore
Published 20 Apr, 2012 12:00am
BRIndex30 down by 4.14 points

BRIndex30 down by 4.14 points

On Thursday, BRIndex30 opened at 10,418.57. It touched an intraday high of 10,476.45 and an intraday low of 10,311.57 and closed at 10,414.43 which was -4.14 points or -0.04 percent lower than previous close. Total volume was 247,271,015, which was 80.3 p
Published 20 Apr, 2012 12:00am
BRIndex30 down by 4.14 points

BRIndex30 down by 4.14 points

On Thursday, BRIndex30 opened at 10,418.57. It touched an intraday high of 10,476.45 and an intraday low of 10,311.57 and closed at 10,414.43 which was -4.14 points or -0.04 percent lower than previous close. Total volume was 247,271,015, which was 80.3 p
Published 20 Apr, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Thursday (April 19, 2012).

Published 20 Apr, 2012 12:00am
KSE index loses 8.48 points

KSE index loses 8.48 points

A bearish trend was witnessed on the Karachi share market on Thursday due to selling by local investors and the KSE-100 index lost 8.48 points to close at 13,929.47 points. The foreign investors however remained net buyers of shares worth 3.31 million dol
Published 20 Apr, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Thursday (April 19, 2012).

Published 20 Apr, 2012 12:00am
KSE index loses 8.48 points

KSE index loses 8.48 points

A bearish trend was witnessed on the Karachi share market on Thursday due to selling by local investors and the KSE-100 index lost 8.48 points to close at 13,929.47 points. The foreign investors however remained net buyers of shares worth 3.31 million dol
Published 20 Apr, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Thursday (April 19, 2012).

Published 20 Apr, 2012 12:00am
KSE index loses 8.48 points

KSE index loses 8.48 points

A bearish trend was witnessed on the Karachi share market on Thursday due to selling by local investors and the KSE-100 index lost 8.48 points to close at 13,929.47 points. The foreign investors however remained net buyers of shares worth 3.31 million dol
Published 20 Apr, 2012 12:00am
Japan posts record deficit

Japan posts record deficit

Japan Thursday posted a record trade deficit for fiscal 2011 as the quake-tsunami disaster and ensuing nuclear crisis sent car and electronics exports tumbling and energy imports soaring. The country''s trade shortfall hit 4.410 trillion yen ($54.2 billio
Published 20 Apr, 2012 12:00am