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Nov 29, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2012-05-26
Siachin dispute: India lacks sincerity of purpose: analysts

Siachin dispute: India lacks sincerity of purpose: analysts

Opposing unilateral withdrawal of Pakistani troops from Siachin glacier, leading defence analysts on Friday said that Indian government influenced by its military leadership was not only equipping its troops deployed at Siachin with modern military hardwa
Published 26 May, 2012 12:00am
Hina discusses regional situation with Japanese counterpart

Hina discusses regional situation with Japanese counterpart

Foreign Minister Hina Rabbani Khar Friday held bilateral talks with her Japanese counterpart Koichiro Gemba on regional and global issues particularly on Afghanistan situation. During the bilateral talks with Japanese Foreign Minister Koichiro Gemba, Ms K
Published 26 May, 2012 12:00am
Four lawyers' licences suspended

Four lawyers' licences suspended

Punjab Bar Council here Friday suspended the practice licences of four lawyers who thrashed a cop at the Lahore High Court (LHC) premises. The disciplinary committee held the preliminary inquiry into the incident and suspended licences of 4 lawyers - Muha
Published 26 May, 2012 12:00am
Land record project: chief minister satisfied with pace of work

Land record project: chief minister satisfied with pace of work

Punjab Chief Minister Shahbaz Sharif has said that computerisation of land record is an important project and work on the project is going on speedily. He was presiding over a meeting to review the progress on land record computerization project here on F
Published 26 May, 2012 12:00am
Resolution of energy crisis: government urged to take concrete steps

Resolution of energy crisis: government urged to take concrete steps

Speakers at a pre-budget seminar here Friday asked the government to take pragmatic steps to overcome energy crisis apart from focusing on measures aimed at revival of national economy. They suggested the government to take steps for the broadening of tax
Published 26 May, 2012 12:00am
Government issued notice: distribution of laptops challenged in LHC

Government issued notice: distribution of laptops challenged in LHC

The Lahore High Court here Friday issued notice to Punjab government in a petition challenging procurement and distribution of laptops by the government. The petitioner, a television anchorperson through Barrister Syed Ali Zafar argued before the court th
Published 26 May, 2012 12:00am
Dr Afridi's conviction violation of human rights: Asma

Dr Afridi's conviction violation of human rights: Asma

Former president Supreme Court Bar Association (SCBA), Asma Jahangir, on Friday termed the sentence handed down to Dr Shakil Afridi a violation of human rights. In statement issued here on Friday, Asma said Dr Afridi should be given an opportunity of open
Published 26 May, 2012 12:00am
Interrogator says bin Laden wives gave little away

Interrogator says bin Laden wives gave little away

Osama bin Laden's three wives were fiercely loyal to him and gave little away when they were interrogated after the al Qaeda chief was killed in a US raid over a year ago, an intelligence agent who questioned them said. The three women were arrested by Pa
Published 26 May, 2012 12:00am
Interrogator says bin Laden wives gave little away

Interrogator says bin Laden wives gave little away

Osama bin Laden's three wives were fiercely loyal to him and gave little away when they were interrogated after the al Qaeda chief was killed in a US raid over a year ago, an intelligence agent who questioned them said. The three women were arrested by Pa
Published 26 May, 2012 12:00am
IHC reserves judgement in Lodhi's case

IHC reserves judgement in Lodhi's case

The Islamabad High Court (IHC) on Friday reserved its judgement in the Lieutenant General Khalid Naeem Lodhi (retd) case, who pleaded before the court against his termination as Secretary Defence on charges of gross misconduct. The court is likely to anno
Published 26 May, 2012 12:00am
IHC reserves judgement in Lodhi's case

IHC reserves judgement in Lodhi's case

The Islamabad High Court (IHC) on Friday reserved its judgement in the Lieutenant General Khalid Naeem Lodhi (retd) case, who pleaded before the court against his termination as Secretary Defence on charges of gross misconduct. The court is likely to anno
Published 26 May, 2012 12:00am
LPG price up by Rs 5-6 per kg

LPG price up by Rs 5-6 per kg

Marketing companies of liquefied petroleum gas (LPG) have increased LPG price by Rs 5-6 per kilo after the depletion of 3,000 tons of LPG surplus reserve in the country. This was stated by the Pattern-in-Chief of All Pakistan LPG Distributors'' Associatio
Published 26 May, 2012 12:00am
LPG price up by Rs 5-6 per kg

LPG price up by Rs 5-6 per kg

Marketing companies of liquefied petroleum gas (LPG) have increased LPG price by Rs 5-6 per kilo after the depletion of 3,000 tons of LPG surplus reserve in the country. This was stated by the Pattern-in-Chief of All Pakistan LPG Distributors' Association
Published 26 May, 2012 12:00am
LPG price up by Rs 5-6 per kg

LPG price up by Rs 5-6 per kg

Marketing companies of liquefied petroleum gas (LPG) have increased LPG price by Rs 5-6 per kilo after the depletion of 3,000 tons of LPG surplus reserve in the country. This was stated by the Pattern-in-Chief of All Pakistan LPG Distributors' Association
Published 26 May, 2012 12:00am
Machinery import: scope of sales tax exemption to be extended

Machinery import: scope of sales tax exemption to be extended

Taking a major step to attract foreign investors, the government has decided to extend scope of sales tax exemption to all kinds of imported plant, machinery and equipment irrespective of the subsequent nature of local supplies of such imported machinery/
Published 26 May, 2012 12:00am
Machinery import: scope of sales tax exemption to be extended

Machinery import: scope of sales tax exemption to be extended

Taking a major step to attract foreign investors, the government has decided to extend scope of sales tax exemption to all kinds of imported plant, machinery and equipment irrespective of the subsequent nature of local supplies of such imported machinery/
Published 26 May, 2012 12:00am
Machinery import: scope of sales tax exemption to be extended

Machinery import: scope of sales tax exemption to be extended

Taking a major step to attract foreign investors, the government has decided to extend scope of sales tax exemption to all kinds of imported plant, machinery and equipment irrespective of the subsequent nature of local supplies of such imported machinery/
Published 26 May, 2012 12:00am
The Weather

The Weather

The weather report on Friday (May 25, 2012) and the forecast for Saturday (May 26, 2012).

Published 26 May, 2012 12:00am
Lal Masjid operation: ensure fair compensation, CJP tells authorities

Lal Masjid operation: ensure fair compensation, CJP tells authorities

The Supreme Court on Friday issued directives to concerned authorities, asking them to pay compensation to the heirs of those who were killed in the Red Mosque (Lal Masjid) operation. A three-member bench led by Chief Justice Iftikhar Muhammad Chaudhry wa
Published 26 May, 2012 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on May 22, 2012.

Published 26 May, 2012 12:00am
Lal Masjid operation: ensure fair compensation, CJP tells authorities

Lal Masjid operation: ensure fair compensation, CJP tells authorities

The Supreme Court on Friday issued directives to concerned authorities, asking them to pay compensation to the heirs of those who were killed in the Red Mosque (Lal Masjid) operation. A three-member bench led by Chief Justice Iftikhar Muhammad Chaudhry wa
Published 26 May, 2012 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on May 22, 2012.

Published 26 May, 2012 12:00am
Turkmen leader sacks oil and gas minister

Turkmen leader sacks oil and gas minister

Turkmen President Kurbanguly Berdymukhamedov sacked his oil and gas minister, citing his poor performance on state television on Friday, just two days after the Central Asian nation agreed landmark deals to supply natural gas to Pakistan and India.
Published 26 May, 2012 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on May 22, 2012.

Published 26 May, 2012 12:00am
Turkmen leader sacks oil and gas minister

Turkmen leader sacks oil and gas minister

Turkmen President Kurbanguly Berdymukhamedov sacked his oil and gas minister, citing his poor performance on state television on Friday, just two days after the Central Asian nation agreed landmark deals to supply natural gas to Pakistan and India.
Published 26 May, 2012 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (May 25, 2012).

Published 26 May, 2012 12:00am
Turkmen leader sacks oil and gas minister

Turkmen leader sacks oil and gas minister

Turkmen President Kurbanguly Berdymukhamedov sacked his oil and gas minister, citing his poor performance on state television on Friday, just two days after the Central Asian nation agreed landmark deals to supply natural gas to Pakistan and India.
Published 26 May, 2012 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (May 25, 2012).

Published 26 May, 2012 12:00am
SpaceX Dragon capsule docks with space station

SpaceX Dragon capsule docks with space station

Astronauts aboard the International Space Station captured Space Exploration Technologies' Dragon cargo ship and guided it into a berth on Friday, docking the first privately owned vehicle to reach the orbital outpost. Using the station's 58-foot long (17
Published 26 May, 2012 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 26 May, 2012 12:00am
SpaceX Dragon capsule docks with space station

SpaceX Dragon capsule docks with space station

Astronauts aboard the International Space Station captured Space Exploration Technologies' Dragon cargo ship and guided it into a berth on Friday, docking the first privately owned vehicle to reach the orbital outpost. Using the station's 58-foot long (17
Published 26 May, 2012 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 26 May, 2012 12:00am
Foreign investors seek to take part in 3-G auction

Foreign investors seek to take part in 3-G auction

A delegation of foreign investors, comprising Turkish and Russian groups along with their Pakistani partners, on Friday called on Federal Minister for Information Technology (IT and Telecom Division) Raja Parvez Ashraf. Members of the delegation showed ke
Published 26 May, 2012 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (May 25, 2012).

Published 26 May, 2012 12:00am
Foreign investors seek to take part in 3-G auction

Foreign investors seek to take part in 3-G auction

A delegation of foreign investors, comprising Turkish and Russian groups along with their Pakistani partners, on Friday called on Federal Minister for Information Technology (IT and Telecom Division) Raja Parvez Ashraf. Members of the delegation showed ke
Published 26 May, 2012 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Friday (May 25, 2012) and for Saturday (May 26, 2012).
Published 26 May, 2012 12:00am
Foreign investors seek to take part in 3-G auction

Foreign investors seek to take part in 3-G auction

A delegation of foreign investors, comprising Turkish and Russian groups along with their Pakistani partners, on Friday called on Federal Minister for Information Technology (IT and Telecom Division) Raja Parvez Ashraf. Members of the delegation showed ke
Published 26 May, 2012 12:00am
Foreign investors seek to take part in 3-G auction

Foreign investors seek to take part in 3-G auction

A delegation of foreign investors, comprising Turkish and Russian groups along with their Pakistani partners, on Friday called on Federal Minister for Information Technology (IT and Telecom Division) Raja Parvez Ashraf. Members of the delegation showed ke
Published 26 May, 2012 12:00am
Japan bank reverses Iran account freeze

Japan bank reverses Iran account freeze

A Japanese bank on Friday reversed a halt on transactions by the Iranian government after a US court overturned an order for a $2.6 billion asset freeze over the 1983 bombing of US barracks in Beirut. The Bank of Tokyo-Mitsubishi UFJ said it had unfrozen
Published 26 May, 2012 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (May 25, 2012).

Published 26 May, 2012 12:00am
Japan bank reverses Iran account freeze

Japan bank reverses Iran account freeze

A Japanese bank on Friday reversed a halt on transactions by the Iranian government after a US court overturned an order for a $2.6 billion asset freeze over the 1983 bombing of US barracks in Beirut. The Bank of Tokyo-Mitsubishi UFJ said it had unfrozen
Published 26 May, 2012 12:00am
Japan bank reverses Iran account freeze

Japan bank reverses Iran account freeze

A Japanese bank on Friday reversed a halt on transactions by the Iranian government after a US court overturned an order for a $2.6 billion asset freeze over the 1983 bombing of US barracks in Beirut. The Bank of Tokyo-Mitsubishi UFJ said it had unfrozen
Published 26 May, 2012 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Friday (May 25, 2012).

Published 26 May, 2012 12:00am
Chinese WTO suit hits back at US duties

Chinese WTO suit hits back at US duties

China launched a complaint at the World Trade Organisation on Friday against US import duties on 22 Chinese products that the United States says are unfairly priced or subsidised, including solar panels and steel products. "China firmly opposes the abuse
Published 26 May, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (May 25, 2012).

Published 26 May, 2012 12:00am
Chinese WTO suit hits back at US duties

Chinese WTO suit hits back at US duties

China launched a complaint at the World Trade Organisation on Friday against US import duties on 22 Chinese products that the United States says are unfairly priced or subsidised, including solar panels and steel products. "China firmly opposes the abuse
Published 26 May, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (May 25, 2012).

Published 26 May, 2012 12:00am
Chinese WTO suit hits back at US duties

Chinese WTO suit hits back at US duties

China launched a complaint at the World Trade Organisation on Friday against US import duties on 22 Chinese products that the United States says are unfairly priced or subsidised, including solar panels and steel products. "China firmly opposes the abuse
Published 26 May, 2012 12:00am
Dr Afridi's conviction to be challenged

Dr Afridi's conviction to be challenged

Pakistani lawyers said Friday they would appeal the conviction for treason handed down by a tribal court to a surgeon recruited by US intelligence to help find Osama bin Laden. The archaic form of justice that governs Pakistan's semi-autonomous tribal bel
Published 26 May, 2012 12:00am
Dr Afridi's conviction to be challenged

Dr Afridi's conviction to be challenged

Pakistani lawyers said Friday they would appeal the conviction for treason handed down by a tribal court to a surgeon recruited by US intelligence to help find Osama bin Laden. The archaic form of justice that governs Pakistan's semi-autonomous tribal bel
Published 26 May, 2012 12:00am
THE RUPEE: all-round gains

THE RUPEE: all-round gains

As a result of slow down in massive buying of dollars, the rupee recovered some ground versus the greenback on the currency market on Friday, dealers said. Commenting on the recovery in the rupee's value some analysts said that the after International Mon
Published 26 May, 2012 12:00am
Pakistan silent over looming US aid cut

Pakistan silent over looming US aid cut

Pakistan has decided to wait for official communication before any reaction to a proposed aid cut by a US Senate panel for convicting a doctor for helping the CIA locate al Qaeda leader Osama bin Laden, an official of foreign ministry said Friday. The pow
Published 26 May, 2012 12:00am
THE RUPEE: all-round gains

THE RUPEE: all-round gains

As a result of slow down in massive buying of dollars, the rupee recovered some ground versus the greenback on the currency market on Friday, dealers said. Commenting on the recovery in the rupee's value some analysts said that the after International Mon
Published 26 May, 2012 12:00am
Pakistan silent over looming US aid cut

Pakistan silent over looming US aid cut

Pakistan has decided to wait for official communication before any reaction to a proposed aid cut by a US Senate panel for convicting a doctor for helping the CIA locate al Qaeda leader Osama bin Laden, an official of foreign ministry said Friday. The pow
Published 26 May, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Friday (May 25, 2012).

Published 26 May, 2012 12:00am
Pakistan silent over looming US aid cut

Pakistan silent over looming US aid cut

Pakistan has decided to wait for official communication before any reaction to a proposed aid cut by a US Senate panel for convicting a doctor for helping the CIA locate al Qaeda leader Osama bin Laden, an official of foreign ministry said Friday. The pow
Published 26 May, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Friday (May 25, 2012).

Published 26 May, 2012 12:00am
Ship's captain jailed over New Zealand oil spill

Ship's captain jailed over New Zealand oil spill

The captain and second officer of a ship that caused New Zealand's biggest sea pollution disaster when it ploughed into an offshore reef were both jailed for seven months on Friday. The Filipino officers were in charge of the Liberian-flagged Rena when it
Published 26 May, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Friday (May 25, 2012).

Published 26 May, 2012 12:00am
Afghanistan better vetting recruits: US general

Afghanistan better vetting recruits: US general

The commanding Marine general in one of Afghanistan's hardest-fought regions says he is seeing big improvements in the vetting of Afghan recruits to the country's security forces following attacks by Afghan soldiers on their Nato partners.
Published 26 May, 2012 12:00am
Putin tells Shtokman gas partners to hurry up

Putin tells Shtokman gas partners to hurry up

Russian President Vladimir Putin urged partners in the Gazprom-led Shtokman project to make a final investment decision on its plan to extract gas from the Arctic seabed, delayed by years of talks over financing. Sources earlier on Friday said Royal Dutch
Published 26 May, 2012 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (May 25, 2012).

Published 26 May, 2012 12:00am
ISE Index lower by 27.53 points

ISE Index lower by 27.53 points

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) on Friday where equities showed negative signs led by hot favourite amid decrease in index. ISE Ten Index was down by 27.53 points as the ISE Ten Index moved from 2,833.17 to 2,805.64 p
Published 26 May, 2012 12:00am
ISE Index lower by 27.53 points

ISE Index lower by 27.53 points

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) on Friday where equities showed negative signs led by hot favourite amid decrease in index. ISE Ten Index was down by 27.53 points as the ISE Ten Index moved from 2,833.17 to 2,805.64 p
Published 26 May, 2012 12:00am
Equities move both ways on LSE

Equities move both ways on LSE

Mixed sentiments prevailed on the Lahore Stock Exchange on Friday where equities moved both ways and finally ended in positive zone amid ascending transaction volume on account of fresh buying in select shares The LSE-25 index gained 19.41 points and ende
Published 26 May, 2012 12:00am
Equities move both ways on LSE

Equities move both ways on LSE

Mixed sentiments prevailed on the Lahore Stock Exchange on Friday where equities moved both ways and finally ended in positive zone amid ascending transaction volume on account of fresh buying in select shares The LSE-25 index gained 19.41 points and ende
Published 26 May, 2012 12:00am
BRIndex30 up 92.83 points

BRIndex30 up 92.83 points

On Friday, BRIndex30 opened at 10,170.15. It touched an intraday high of 10,311.20 and an intraday Low of 10,145.19 and closed at 10,262.98 which was 92.83 points or 0.91 percent higher than previous close. Total volume was 135,043,875, which was 81.7 per
Published 26 May, 2012 12:00am
BRIndex30 up 92.83 points

BRIndex30 up 92.83 points

On Friday, BRIndex30 opened at 10,170.15. It touched an intraday high of 10,311.20 and an intraday Low of 10,145.19 and closed at 10,262.98 which was 92.83 points or 0.91 percent higher than previous close. Total volume was 135,043,875, which was 81.7 per
Published 26 May, 2012 12:00am
Presentation

Presentation

Presentation at KSE auditorium (only for members and an authorised employee of the members).

Published 26 May, 2012 12:00am
Index loses 11.86 points

Index loses 11.86 points

After witnessing a mixed trend on Friday the KSE-100 index finally closed at 13,925.06 points, down 11.86 points. During the session, the foreign investors'' interest in some selective stocks supported the index to hit 13,999.17 points, up 62.25 points. T
Published 26 May, 2012 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 26 May, 2012 12:00am
Index loses 11.86 points

Index loses 11.86 points

After witnessing a mixed trend on Friday the KSE-100 index finally closed at 13,925.06 points, down 11.86 points. During the session, the foreign investors' interest in some selective stocks supported the index to hit 13,999.17 points, up 62.25 points. Th
Published 26 May, 2012 12:00am
Board meetings in progress

Board meetings in progress

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

Published 26 May, 2012 12:00am
Index loses 11.86 points

Index loses 11.86 points

After witnessing a mixed trend on Friday the KSE-100 index finally closed at 13,925.06 points, down 11.86 points. During the session, the foreign investors' interest in some selective stocks supported the index to hit 13,999.17 points, up 62.25 points. Th
Published 26 May, 2012 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 26 May, 2012 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 26 May, 2012 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 26 May, 2012 12:00am
Multifarious recommendations on economy presented: EAC meeting held

Multifarious recommendations on economy presented: EAC meeting held

A meeting of the Economic Advisory Council (EAC) was held here Friday under the chairmanship of Federal Minister for Finance and Economic Affairs Dr Hafeez Shaikh. Renowned experts including Shaukat Tarin, Nasim Beg, Dr Ejaz Nabi, Ms Ayesha and others gav
Published 26 May, 2012 12:00am
Multifarious recommendations on economy presented: EAC meeting held

Multifarious recommendations on economy presented: EAC meeting held

A meeting of the Economic Advisory Council (EAC) was held here Friday under the chairmanship of Federal Minister for Finance and Economic Affairs Dr Hafeez Shaikh. Renowned experts including Shaukat Tarin, Nasim Beg, Dr Ejaz Nabi, Ms Ayesha and others gav
Published 26 May, 2012 12:00am
Multifarious recommendations on economy presented: EAC meeting held

Multifarious recommendations on economy presented: EAC meeting held

A meeting of the Economic Advisory Council (EAC) was held here Friday under the chairmanship of Federal Minister for Finance and Economic Affairs Dr Hafeez Shaikh. Renowned experts including Shaukat Tarin, Nasim Beg, Dr Ejaz Nabi, Ms Ayesha and others gav
Published 26 May, 2012 12:00am
Security agencies seek introduction of law to curb cyber crimes

Security agencies seek introduction of law to curb cyber crimes

Security agencies, including Inter-Services Intelligence (ISI), Federal Investigation Authority (FIA) and Intelligence Bureau (IB), have called for a quick promulgation of a law to check electronic crimes. No law currently exists in the country to curb su
Published 26 May, 2012 12:00am
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