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Nov 28, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2012-06-07
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (June 06, 2012).

Published 07 Jun, 2012 12:00am
China vows bigger role for regional bloc in Afghanistan

China vows bigger role for regional bloc in Afghanistan

China, Russia and four Central Asian countries have vowed to play a bigger role in Afghanistan, Chinese President Hu Jintao said in comments published Wednesday, as Nato forces prepare to pull out. He said the Shanghai Cooperation Organisation (SCO) - a g
Published 07 Jun, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (June 06, 2012).

Published 07 Jun, 2012 12:00am
Pakistan, China sign three MoUs, one agreement

Pakistan, China sign three MoUs, one agreement

Pakistan and China on Wednesday signed three memorandums of understanding (MoUs) covering supply of water from Tarbela to Islamabad, establishment of Special Economic Zone in the proposed new city Zulfikarabad in Sindh and the building of 6,000 flats in I
Published 07 Jun, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (June 06, 2012).

Published 07 Jun, 2012 12:00am
Pakistan, China sign three MoUs, one agreement

Pakistan, China sign three MoUs, one agreement

Pakistan and China on Wednesday signed three memorandums of understanding (MoUs) covering supply of water from Tarbela to Islamabad, establishment of Special Economic Zone in the proposed new city Zulfikarabad in Sindh and the building of 6,000 flats in I
Published 07 Jun, 2012 12:00am
Pakistan, China sign three MoUs, one agreement

Pakistan, China sign three MoUs, one agreement

Pakistan and China on Wednesday signed three memorandums of understanding (MoUs) covering supply of water from Tarbela to Islamabad, establishment of Special Economic Zone in the proposed new city Zulfikarabad in Sindh and the building of 6,000 flats in I
Published 07 Jun, 2012 12:00am
KSE makes amendments to listing regulations

KSE makes amendments to listing regulations

The Karachi Stock Exchange (KSE), with prior approval of Securities and Exchange Commission of Pakistan (SECP) has made some amendments in its Listing Regulations. These amendments have been sent for publication in the Official Gazette of Pakistan.
Published 07 Jun, 2012 12:00am
KSE makes amendments to listing regulations

KSE makes amendments to listing regulations

The Karachi Stock Exchange (KSE), with prior approval of Securities and Exchange Commission of Pakistan (SECP) has made some amendments in its Listing Regulations. These amendments have been sent for publication in the Official Gazette of Pakistan.
Published 07 Jun, 2012 12:00am
KSE makes amendments to listing regulations

KSE makes amendments to listing regulations

The Karachi Stock Exchange (KSE), with prior approval of Securities and Exchange Commission of Pakistan (SECP) has made some amendments in its Listing Regulations. These amendments have been sent for publication in the Official Gazette of Pakistan.
Published 07 Jun, 2012 12:00am
Supreme Court once again issues notice to Prime Minister

Supreme Court once again issues notice to Prime Minister

The Supreme Court on Wednesday, issued notices to Prime Minister Yousaf Raza Gilani, Speaker National Assembly Dr Fehmida Mirza and the Election Commission of Pakistan for June 14 in identical petitions against the Speaker's ruling in the PM contempt case
Published 07 Jun, 2012 12:00am
Supreme Court once again issues notice to Prime Minister

Supreme Court once again issues notice to Prime Minister

The Supreme Court on Wednesday, issued notices to Prime Minister Yousaf Raza Gilani, Speaker National Assembly Dr Fehmida Mirza and the Election Commission of Pakistan for June 14 in identical petitions against the Speaker's ruling in the PM contempt case
Published 07 Jun, 2012 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 07 Jun, 2012 12:00am
Power sector: Senate body for raising subsidy to Rs 500 billion

Power sector: Senate body for raising subsidy to Rs 500 billion

The Senate Standing Committee on Finance here on Wednesday recommended that the subsidy for the power sector be raised to Rs 500 billion for the upcoming fiscal year 2012-13 as the country''s economy cannot bear the additional burden of Rs 0.5 trillion.
Published 07 Jun, 2012 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 07 Jun, 2012 12:00am
Power sector: Senate body for raising subsidy to Rs 500 billion

Power sector: Senate body for raising subsidy to Rs 500 billion

The Senate Standing Committee on Finance here on Wednesday recommended that the subsidy for the power sector be raised to Rs 500 billion for the upcoming fiscal year 2012-13 as the country's economy cannot bear the additional burden of Rs 0.5 trillion.
Published 07 Jun, 2012 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 07 Jun, 2012 12:00am
Power sector: Senate body for raising subsidy to Rs 500 billion

Power sector: Senate body for raising subsidy to Rs 500 billion

The Senate Standing Committee on Finance here on Wednesday recommended that the subsidy for the power sector be raised to Rs 500 billion for the upcoming fiscal year 2012-13 as the country's economy cannot bear the additional burden of Rs 0.5 trillion.
Published 07 Jun, 2012 12:00am
Tax on consumption of above 1,000 units of power/month proposed

Tax on consumption of above 1,000 units of power/month proposed

Federal Board of Revenue (FBR) Member Inland Revenue Shahid Hussain Asad on Wednesday floated a new proposal to generate additional revenue from the rich persons by collecting some extra income tax on consumption of above 1,000 units of electricity on mon
Published 07 Jun, 2012 12:00am
Tax on consumption of above 1,000 units of power/month proposed

Tax on consumption of above 1,000 units of power/month proposed

Federal Board of Revenue (FBR) Member Inland Revenue Shahid Hussain Asad on Wednesday floated a new proposal to generate additional revenue from the rich persons by collecting some extra income tax on consumption of above 1,000 units of electricity on mon
Published 07 Jun, 2012 12:00am
Tax on consumption of above 1,000 units of power/month proposed

Tax on consumption of above 1,000 units of power/month proposed

Federal Board of Revenue (FBR) Member Inland Revenue Shahid Hussain Asad on Wednesday floated a new proposal to generate additional revenue from the rich persons by collecting some extra income tax on consumption of above 1,000 units of electricity on mon
Published 07 Jun, 2012 12:00am
Moody''s cuts German, Austrian banks on euro risks

Moody''s cuts German, Austrian banks on euro risks

Moody''s Investors Service cut the credit ratings of six German banking groups and Austria''s three largest banks on Wednesday, underscoring that even the euro zone''s strongest economies face risks if the region''s debt crisis deepens.
Published 07 Jun, 2012 12:00am
Moody's cuts German, Austrian banks on euro risks

Moody's cuts German, Austrian banks on euro risks

Moody's Investors Service cut the credit ratings of six German banking groups and Austria's three largest banks on Wednesday, underscoring that even the euro zone's strongest economies face risks if the region's debt crisis deepens.
Published 07 Jun, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Wednesday (June 06, 2012).

Published 07 Jun, 2012 12:00am
Moody's cuts German, Austrian banks on euro risks

Moody's cuts German, Austrian banks on euro risks

Moody's Investors Service cut the credit ratings of six German banking groups and Austria's three largest banks on Wednesday, underscoring that even the euro zone's strongest economies face risks if the region's debt crisis deepens.
Published 07 Jun, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Wednesday (June 06, 2012).

Published 07 Jun, 2012 12:00am
Iran ready to finance IP gas pipeline: report

Iran ready to finance IP gas pipeline: report

Iran is ready to finance a multi-billion dollar gas pipeline in Pakistan, which has been delayed for two years due to Western pressure, the Fars news agency said on Wednesday, quoting an "informed source." "Financial difficulties and obstruction by some W
Published 07 Jun, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Wednesday (June 06, 2012).

Published 07 Jun, 2012 12:00am
Iran ready to finance IP gas pipeline: report

Iran ready to finance IP gas pipeline: report

Iran is ready to finance a multi-billion dollar gas pipeline in Pakistan, which has been delayed for two years due to Western pressure, the Fars news agency said on Wednesday, quoting an "informed source." "Financial difficulties and obstruction by some W
Published 07 Jun, 2012 12:00am
Iran ready to finance IP gas pipeline: report

Iran ready to finance IP gas pipeline: report

Iran is ready to finance a multi-billion dollar gas pipeline in Pakistan, which has been delayed for two years due to Western pressure, the Fars news agency said on Wednesday, quoting an "informed source." "Financial difficulties and obstruction by some W
Published 07 Jun, 2012 12:00am
Nisar accuses Riaz of blackmailing CJP's son

Nisar accuses Riaz of blackmailing CJP's son

Leader of Opposition in the National Assembly Chaudhry Nisar Ali Khan Wednesday accused Malik Riaz Hussain, a property tycoon, of hatching a conspiracy against Chief Justice Iftikhar Mohammad Chaudhry by blackmailing his son Dr Arsalan Iftikhar to manipul
Published 07 Jun, 2012 12:00am
Nisar accuses Riaz of blackmailing CJP's son

Nisar accuses Riaz of blackmailing CJP's son

Leader of Opposition in the National Assembly Chaudhry Nisar Ali Khan Wednesday accused Malik Riaz Hussain, a property tycoon, of hatching a conspiracy against Chief Justice Iftikhar Mohammad Chaudhry by blackmailing his son Dr Arsalan Iftikhar to manipul
Published 07 Jun, 2012 12:00am
The Justice Test

The Justice Test

Chief Justice of Pakistan Justice Iftikhar Chaudhry on Wednesday initiated suo motu proceedings against his son Arsalan Iftikhar following allegations in the media that he was paid up to Rs 400 million by a real estate tycoon to influence cases in the ape
Published 07 Jun, 2012 12:00am
The Justice Test

The Justice Test

Chief Justice of Pakistan Justice Iftikhar Chaudhry on Wednesday initiated suo motu proceedings against his son Arsalan Iftikhar following allegations in the media that he was paid up to Rs 400 million by a real estate tycoon to influence cases in the ape
Published 07 Jun, 2012 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Wednesday (June 06, 2012).

Published 07 Jun, 2012 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (June 06, 2012).

Published 07 Jun, 2012 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (June 06, 2012).
Published 07 Jun, 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 Wednesday (June 06, 2012).

Published 07 Jun, 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 Wednesday (June 06, 2012).

Published 07 Jun, 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 Wednesday (June 06, 2012).

Published 07 Jun, 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 Wednesday (June 06, 2012).

Published 07 Jun, 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 07 Jun, 2012 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

The Exchange Rates Committee of State Bank of Pakistan issued the following exchange rates bulletin here on Wednesday (June 06, 2012). Conversion rates for foreign currency deposits, DBC/FCBC, Special US$ Bonds and profits thereon and for forward cover fo
Published 07 Jun, 2012 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 07 Jun, 2012 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 07 Jun, 2012 12:00am
Ghanaian cocoa purchases hit 775,761 tonnes

Ghanaian cocoa purchases hit 775,761 tonnes

Official cocoa purchases in Ghana reached 775,761 tonnes by May 24 since the start of the season in October, down 11.3 percent from the 874,291 tonnes recorded in the same period a year ago, according to data from regulator Cocobod seen by Reuters on Tues
Published 07 Jun, 2012 12:00am
Russia grain output seen 88 million tonnes

Russia grain output seen 88 million tonnes

"FAS/Moscow forecasts grain production in Russia in 2012 at 88 million tonnes. This includes a forecast of 54 million tonnes for wheat, 16 million tonnes for barley and 6.5 million tonnes for corn. Wheat production is expected to fall from last year as a
Published 07 Jun, 2012 12:00am
FOB Gulf corn premiums rise

FOB Gulf corn premiums rise

Corn export premiums at the US Gulf Coast rose on Tuesday in tandem with a firmer CIF barge basis as tight supplies of old-crop corn and lower futures prices supported values, traders said. Export interest for US Gulf corn remained mostly slow as lower pr
Published 07 Jun, 2012 12:00am
CBOT wheat futures fall as harvest advances

CBOT wheat futures fall as harvest advances

US wheat futures fell Tuesday, handing back nearly all of Monday's gains by the close of pit trading at 1:15 pm CDT (1815 GMT), pressured by the fast-moving harvest in the US Plains, traders said. A firmer dollar, which makes US commodities less attractiv
Published 07 Jun, 2012 12:00am
Ivorian cocoa prices slip

Ivorian cocoa prices slip

Cocoa farmgate prices in Ivory Coast's principal growing regions declined last week as falling prices on the futures market sapped export demand, f a rmers and buyers said on Tuesday. Mid-crop harvesting in the world's top cocoa producer is beginning to p
Published 07 Jun, 2012 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 38,645 tonnes of cargo including 23,821 tonnes of import, 14,824 tonnes of export cargo and 2,515 loaded and empty containers (TEUs) during the last 24 hours of business activities ended at 0700 hours on Wednesday. The total impor
Published 07 Jun, 2012 12:00am
Oil cake market rates

Oil cake market rates

The July vaida extended its rise on the forward cottonseed oilcake market on Wednesday in process of trading, dealers said. The July vaida closed at Rs 850.90 and it commenced with a gain of 30 paisa at Rs 851.20, the December contract closed at Rs 850.20
Published 07 Jun, 2012 12:00am
Prices improve amid modest trading on cotton market

Prices improve amid modest trading on cotton market

Prices showed slight improvement on the cotton market on Wednesday amid modest trading activity, dealers said. Official spot rate was unchanged at Rs 5,500, they added. In ready business, only 1700 bales of cotton changed hands between Rs 5000-5800, they
Published 07 Jun, 2012 12:00am
Canadian canola futures fall

Canadian canola futures fall

Canadian canola futures slipped on Tuesday due to favourable weather in the Canadian Prairies for developing crops, traders said. Hot weather forecast this week for much of Prairies should help crops develop and allow farmers to plant their last acres. Ca
Published 07 Jun, 2012 12:00am
Prices mixed on grain market

Prices mixed on grain market

Commodity prices moved both ways on the wholesale grain market on Wednesday in slow trading, dealers said. Commenting on the lean business, they said that most of the participants were on the sidelines amid expectations for slide in the prices on thin dem
Published 07 Jun, 2012 12:00am
Moulding compound dip on Jodia Bazaar

Moulding compound dip on Jodia Bazaar

The trading in plastic moulding compounds edged down on Jodia Bazaar here on Wednesday. The following changes were noted.
Published 07 Jun, 2012 12:00am
Corruption in Europe could slow recovery: study

Corruption in Europe could slow recovery: study

Political and business corruption in Europe, especially in the Mediterranean, could further weaken vulnerable economies struggling to overcome the euro crisis, an international watchdog said on Wednesday.
Published 07 Jun, 2012 12:00am
Argentina slaps tariffs on capital goods

Argentina slaps tariffs on capital goods

Argentina slapped new tariffs on capital goods imports on Wednesday as President Cristina Fernandez works to shore up slowing local industry with protectionist measures that are irking some key trade partners. Center-left Fernandez has imposed tough and s
Published 07 Jun, 2012 12:00am
Sri Lanka's Chinese-built port opens for business

Sri Lanka's Chinese-built port opens for business

Sri Lanka's first Chinese-built port, a strong symbol of Beijing's investment in South Asia, opened for international shipping on Wednesday with the arrival of 1,000 cars from India. The $1.5-billion deep-sea port in southern Hambantota, the home constitu
Published 07 Jun, 2012 12:00am
Stadler builds world's 'most powerful' train

Stadler builds world's 'most powerful' train

Swiss manufacturer Stadler Rail unveiled on Wednesday a train 50 percent more powerful than its competitors, earning it a multi-million franc deal with a Brazilian buyer. Described by Stadler as "by far the largest and most powerful rack-and-pinion locomo
Published 07 Jun, 2012 12:00am
Nokia fights back with cheap touchscreen phones

Nokia fights back with cheap touchscreen phones

Struggling mobile phone maker Nokia Oyj has unveiled its first full touchscreen phones aimed at the budget end of the market, looking to fill a gap in its product range and catch up with rivals, particularly in emerging markets. Nokia hopes the three new
Published 07 Jun, 2012 12:00am
US productivity falls

US productivity falls

US business productivity fell more than expected in the first quarter as companies stepped up hiring sharply but only modestly expanded output. Non-farm productivity slipped at a 0.9 percent annual rate, the Labour Department said on Wednesday. The declin
Published 07 Jun, 2012 12:00am
Indian court petition against Facebook and Google

Indian court petition against Facebook and Google

An Indian court on Wednesday asked Facebook, Google and other Internet firms to respond to a private petition over allegations of being a threat to national security and withholding tax. The complainant, K.N. Govindacharya, a right-wing Hindu activist, lo
Published 07 Jun, 2012 12:00am
Geithner, Chinese vice premier discuss economic crisis

Geithner, Chinese vice premier discuss economic crisis

Treasury Secretary Tim Geithner spoke by phone Wednesday with Chinese Vice Premier Wang Qishan about "developments in international markets" and recent global economic turmoil, his office said Wednesday. Their talks came as weak manufacturing activity in
Published 07 Jun, 2012 12:00am
Australia's economy surges in first quarter

Australia's economy surges in first quarter

Australia's resource-fuelled economy outpaced all expectations last quarter as households and businesses went on a spending spree, boosting the local dollar and lessening the urgency for further aggressive cuts in interest rates. Gross domestic product (G
Published 07 Jun, 2012 12:00am
Sheila Bair to lead private financial risk council

Sheila Bair to lead private financial risk council

Sheila Bair, who helped steer the US financial system through the recent credit crisis, is forming a new private-sector group called the Systemic Risk Council to try to accelerate reforms. A former chairman of the Federal Deposit Insurance Corp.
Published 07 Jun, 2012 12:00am
Obama, Merkel, Monti affirm need for Europe resilience

Obama, Merkel, Monti affirm need for Europe resilience

US President Barack Obama agreed in separate calls with German Chancellor Angela Merkel and Italian Prime Minister Mario Monti on Wednesday that more needs to be done to bolster the European economy and boost growth, the White House said. "The leaders agr
Published 07 Jun, 2012 12:00am
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