News Archives for Print - 2012-06-12 - Business Recorder

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Print - 2012-06-12

Government urged to take concrete steps towards overcoming energy crisis: debate on Budget 2012-13 continues

Government urged to take concrete steps towards overcoming energy crisis: debate on Budget 2012-13 continues

The treasury members of the National Assembly Monday urged the government to take solid steps in Budget-2012-13 to overcome the prevailing energy crisis in the country. While participating in the budget debate, the treasury members also criticised the gov

Published 12 Jun, 2012 12:00am

Government asked to withdraw proposed raise in GIDC

Government asked to withdraw proposed raise in GIDC

The coalition partners have asked the govt to withdraw proposed increase in Gas Infrastructure Development Cess (GIDC) on Compressed Natural Gas (CNG) from July 1, 2012. Coalition partners including Awami National Party (ANP) and Muttahida Quami Movement

Published 12 Jun, 2012 12:00am

PML-N lawmakers stage sit-in outside Presidency

PML-N lawmakers stage sit-in outside Presidency

Pakistan Muslim League-Nawaz (PML-N) parliamentarians Monday staged sit-in protest in front of presidency, warning the government of the 'Arab Spring'-like agitation in the federal capital if it continues to defy the higher judiciary orders and fails to o

Published 12 Jun, 2012 12:00am

Enhancing agriculture-production: sprinkler, drip irrigation system to be installed in Khyber Pakhtunkhwa

Enhancing agriculture-production: sprinkler, drip irrigation system to be installed in Khyber Pakhtunkhwa

The Khyber Pakhtunkhwa government has decided to install Sprinkler and Drip Irrigation System on 2,000 acre land to increase agriculture productivity. It would bring barren land under cultivation in the province while two small dams would be built in Abbo

Published 12 Jun, 2012 12:00am

Services Hospital fire incident: LHC seeks reply from secretary health

Services Hospital fire incident: LHC seeks reply from secretary health

The Lahore High Court on Monday sought a reply from secretary health Punjab and chief executive Services Hospital Lahore within two weeks on a petition seeking directions for an inquiry committee headed by a former judge to probe into fire incident at the

Published 12 Jun, 2012 12:00am

Gilani wants improvement in science-, technology-based education

Gilani wants improvement in science-, technology-based education

Prime Minister Syed Yousuf Raza Gilani has underlined the need of a paradigm shift from being just the users of technologies to becoming the producers of technologies, goods, and services. Addressing a function of COMSAT here on Monday, Gilani said that f

Published 12 Jun, 2012 12:00am

Swiss query suspect in French corruption scandal

Swiss query suspect in French corruption scandal

A key suspect in the French illegal political funding scandal known as the "Karachi Affair" has been questioned by investigators in Geneva, Swiss prosecutors said Monday. Abdulrahman el-Assir, a Lebanese-born businessman subject to a French arrest warrant

Published 12 Jun, 2012 12:00am

Pak-India talks: Siachen issue remains focal point

Pak-India talks: Siachen issue remains focal point

The first session of 13th Round of Pak-India Secretary talks held on Monday at Ministry of Defence in which Siachen issue remained the focal point along with others bilateral issues. Pakistan Defence Secretary Nargas Sethi and her Indian counterpart Shish

Published 12 Jun, 2012 12:00am

PU student's research paper published in US journals

PU student's research paper published in US journals

The academic programmes of Institute of Agricultural Sciences (IAGS) have been accredited provisionally in "X" Category of National Agriculture Education Accredita-tion Council (NAEAC)-HEC on recommendation of Accreditation Inspection Committee (AIC). Pun

Published 12 Jun, 2012 12:00am

Rs 120 billion revenue on account of PL achievable

Rs 120 billion revenue on account of PL achievable

The Finance Ministry on Monday said that Rs 120 billion revenue estimated on account of Petroleum Levy for 2012-13 is achievable as declining petroleum prices in the international market have enabled the government to charge optimum levy rate on different

Published 12 Jun, 2012 12:00am

Exchange companies: President directs FBR and SBP to resolve all pending issues

Exchange companies: President directs FBR and SBP to resolve all pending issues

President Asif Ali Zardari has ordered the Federal Board of Revenue (FBR) and the State Bank of Pakistan (SBP) to address all pending issues of Exchange Companies within next 15 days. During a high level meeting at Bilawal House on Monday, which was chair

Published 12 Jun, 2012 12:00am

Wheat stocks: flour millers express satisfaction

Wheat stocks: flour millers express satisfaction

Founders Group (Pakistan Flour Mills Association) Chairman Dr Bilal Aslam Sufi and Co-Chairman Khalique Arshad called on the Director Food Punjab Najam Shah and congratulated him on buying 2.8 million tons of wheat during the current year's wheat procurem

Published 12 Jun, 2012 12:00am

Rs 888 million allocated for solar energy project

Rs 888 million allocated for solar energy project

Balochistan government has allocated Rs 888 million for solar energy home project in its annual budget for 2012-13 under which around 300 villages in parts of the province would be electrified. Speaking during provincial assembly budget session here Monda

Published 12 Jun, 2012 12:00am

LDA demolishes 'illegal' site offices of four housing schemes

LDA demolishes 'illegal' site offices of four housing schemes

The staff of the Metropolitan Planning Wing of Lahore Development Authority (LDA) demolished the entrance gates and sealed site offices of four housing schemes along Ferozepur Road during its operation against illegal housing schemes in the city on Monday

Published 12 Jun, 2012 12:00am

About 150 missing persons traced: Mir Asim

About 150 missing persons traced: Mir Asim

Balochistan Finance Minister Mir Asim Kurd Gailu said on Monday that incumbent government is striving to put the province on the road to progress. Efforts were afoot to bring the disgruntled Baloch leaders in the national mainstream. "About 150 missing pe

Published 12 Jun, 2012 12:00am

FATA, PATA: Senate body proposes two-year extension in Prime Minister's package

FATA, PATA: Senate body proposes two-year extension in Prime Minister's package

Despite strong resistance of the Federal Board of Revenue (FBR), the Senate Standing Committee on Finance here on Monday proposed two years further extension in the special Prime Minister Minister's fiscal relief package for the businessmen and investors

Published 12 Jun, 2012 12:00am

US diplomat terms CCP 'future of globally competitive Pakistan'

US diplomat terms CCP 'future of globally competitive Pakistan'

Terming Competition Commission of Pakistan (CCP) as future of the globally competitive Pakistan, US Deputy Chief of Mission Ambassador Richard Hoagland said here on Monday that the CCP can play a key role in introducing economic reforms to create a favour

Published 12 Jun, 2012 12:00am

Shahbaz visits Allama Iqbal Road project

Shahbaz visits Allama Iqbal Road project

Punjab Chief Minister Muhammad Shahbaz Sharif visited Allama Iqbal Road extension project early in the morning on Monday. The Director General, Lahore Development Authority, informed the Chief Minister about the pace of widening of Allama Iqbal Road. The

Published 12 Jun, 2012 12:00am

Irrigation sector: Balochistan to spend Rs 3.8 billion

Irrigation sector: Balochistan to spend Rs 3.8 billion

Balochistan Finance Minister Mir Asim Kurd has said that an amount of Rs 3.847 million have been allocated for 131 new and 46 ongoing uplift schemes in irrigation sector in the provincial budget 2012-13. Speaking during the provincial assembly budget sess

Published 12 Jun, 2012 12:00am

PML-N, APML, PML-L reject Sindh budget

PML-N, APML, PML-L reject Sindh budget

Pakistan Muslim League-N (PML-N), All Pakistan Muslim League (APML) and Pakistan Muslim League-Like-minded (PML-L) on Monday rejected Sindh budget 2012-13 terming it as 'jugglery of figures.' PML-N leader Liaqat Jatoi told Business Recorder that PP

Published 12 Jun, 2012 12:00am

Convening meeting of unit holders: SECP issues detailed requirements, procedures

Convening meeting of unit holders: SECP issues detailed requirements, procedures

In Pursuant to the concept of unit holders' meeting introduced by the Securities and Exchange Commission of Pakistan (SECP) through amendment to the regulatory framework for mutual funds industry, the SECP has issued detailed requirements and procedures f

Published 12 Jun, 2012 12:00am

Chashma hydro power projects: Senate panel for increased allocation

Chashma hydro power projects: Senate panel for increased allocation

The Senate Standing Committee on Finance has recommended that allocations for Chashma canal and hydro power projects in Khyber Pakhtunkhawa should be increased in budget for 2012-13. The Senate Standing Committee on Finance meeting chaired by Mrs Nasreen

Published 12 Jun, 2012 12:00am

President briefed about Sindh budget

President briefed about Sindh budget

Chief Minister Sindh Syed Qaim Ali Shah and Provincial Finance Minister Syed Murad Ali Shah Monday night called on President Asif Ali Zardari at Bilawal House and briefed him about the economic situation of the province. They briefed him on the budget pre

Published 12 Jun, 2012 12:00am

Six dead in Mastung bomb blast

Six dead in Mastung bomb blast

Six bus passengers were killed and 12 others injured when a bomb planted in a parked motorbike exploded in Balochistan on Monday, officials said. The motorbike fitted with explosives had been left on the road linking the provincial capital Quetta with Ira

Published 12 Jun, 2012 12:00am

Sherry says US team's return not an institutional pullout

Sherry says US team's return not an institutional pullout

Pakistan's ambassador to the United States Sherry Rehman Monday said the return of an American negotiating team from Islamabad, where it worked with Pakistani counterparts on revival of the Nato supply routes, does not represent an institutional US pullou

Published 12 Jun, 2012 12:00am

Khyber Pakhtunkhwa government blamed for hiding facts in budget

Khyber Pakhtunkhwa government blamed for hiding facts in budget

Leader of the Opposition in Khyber Pakhtunkhwa Assembly and former chief minister Akram Khan Durrani has asked the provincial government to tell the people the truth that how much it received from the federal government out of its total Rs 110 billion arr

Published 12 Jun, 2012 12:00am

National Foods Limited

National Foods Limited

National Foods Limited (NFL), founded in 1970 as a spice company, is Pakistan's leading multi category food company with around 250 different products in 12 categories. In 1988, National Foods became the certified vendor of McCormick, USA. In the same yea

Published 12 Jun, 2012 12:00am

National Foods Limited

National Foods Limited

National Foods Limited (NFL), founded in 1970 as a spice company, is Pakistan's leading multi category food company with around 250 different products in 12 categories. In 1988, National Foods became the certified vendor of McCormick, USA. In the same yea

Published 12 Jun, 2012 12:00am

Bangladesh media team visits Recorder House

Bangladesh media team visits Recorder House

A visiting 10-member media delegation of Bangladesh on Monday visited the Recorder House. During their visit, the members of the delegation had an interactive session with journalists representing Business Recorder and Aaj TV. Chief Executiv

Published 12 Jun, 2012 12:00am

Bangladesh media team visits Recorder House

Bangladesh media team visits Recorder House

A visiting 10-member media delegation of Bangladesh on Monday visited the Recorder House. During their visit, the members of the delegation had an interactive session with journalists representing Business Recorder and Aaj TV. Chief Executiv

Published 12 Jun, 2012 12:00am

The Weather

The Weather

The weather report on Monday (June 11, 2012) and the forecast for Tuesday (June 12, 2012).

Published 12 Jun, 2012 12:00am

Workers'' remittances cross $12.06 billion mark

Workers'' remittances cross $12.06 billion mark

For the first time in the history of the country''s inflow of home remittances has crossed $12 billion mark, crossing the last fiscal year record inflows of $11.2 billion. According to the State Bank of Pakistan overseas Pakistanis have sent an amount of

Published 12 Jun, 2012 12:00am

Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (June 11, 2012).

Published 12 Jun, 2012 12:00am

Workers' remittances cross $12.06 billion mark

Workers' remittances cross $12.06 billion mark

For the first time in the history of the country's inflow of home remittances has crossed $12 billion mark, crossing the last fiscal year record inflows of $11.2 billion. According to the State Bank of Pakistan overseas Pakistanis have sent an amount of $

Published 12 Jun, 2012 12:00am

LME official prices

LME official prices

The following were Friday official prices.

Published 12 Jun, 2012 12:00am

Workers' remittances cross $12.06 billion mark

Workers' remittances cross $12.06 billion mark

For the first time in the history of the country's inflow of home remittances has crossed $12 billion mark, crossing the last fiscal year record inflows of $11.2 billion. According to the State Bank of Pakistan overseas Pakistanis have sent an amount of $

Published 12 Jun, 2012 12:00am

LME official prices

LME official prices

The following were Friday official prices.

Published 12 Jun, 2012 12:00am

Balochistan situation: Supreme Court hints at summoning army chief

Balochistan situation: Supreme Court hints at summoning army chief

Expressing its annoyance over the press conference held by Inspector General of Frontier Corps (FC), Major General, Obaidullah Khan Khattak on June 2 regarding the worsening law and order situation of Balochistan, the Supreme Court has sought the transcri

Published 12 Jun, 2012 12:00am

Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (June 11, 2012).

Published 12 Jun, 2012 12:00am

Balochistan situation: Supreme Court hints at summoning army chief

Balochistan situation: Supreme Court hints at summoning army chief

Expressing its annoyance over the press conference held by Inspector General of Frontier Corps (FC), Major General, Obaidullah Khan Khattak on June 2 regarding the worsening law and order situation of Balochistan, the Supreme Court has sought the transcri

Published 12 Jun, 2012 12:00am

Karachi Yarn Market Rate

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Monday (June 11, 2012).

Published 12 Jun, 2012 12:00am

''Amin Fahim innocent''

''Amin Fahim innocent''

While submitting a concise statement on behalf of Makhdoom Amin Fahim, federal minister for commerce, on Monday, his counsel Barrister Syed Ali Zafar contended that his client was innocent and had nothing to do with the National Insurance Company Limited

Published 12 Jun, 2012 12:00am

Karachi Yarn Market Rate

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Monday (June 11, 2012).

Published 12 Jun, 2012 12:00am

'Amin Fahim innocent'

'Amin Fahim innocent'

While submitting a concise statement on behalf of Makhdoom Amin Fahim, federal minister for commerce, on Monday, his counsel Barrister Syed Ali Zafar contended that his client was innocent and had nothing to do with the National Insurance Company Limited

Published 12 Jun, 2012 12:00am

Faisalabad yarn and fibre prices

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Monday (June 11, 2012).

Published 12 Jun, 2012 12:00am

'Amin Fahim innocent'

'Amin Fahim innocent'

While submitting a concise statement on behalf of Makhdoom Amin Fahim, federal minister for commerce, on Monday, his counsel Barrister Syed Ali Zafar contended that his client was innocent and had nothing to do with the National Insurance Company Limited

Published 12 Jun, 2012 12:00am

Faisalabad yarn and fibre prices

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Monday (June 11, 2012).

Published 12 Jun, 2012 12:00am

''Bill of Lading'': notices issued to former minister, secretaries

''Bill of Lading'': notices issued to former minister, secretaries

The Supreme Court on Monday issued notices to former federal law minister Babar Awan and ex-law secretary Masood Chishti for not approving ''Bill of Lading'' for the machinery and equipment of Nandipur and Chichokimallian power projects, which caused a lo

Published 12 Jun, 2012 12:00am

Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (June 11, 2012).

Published 12 Jun, 2012 12:00am

'Bill of Lading': notices issued to former minister, secretaries

'Bill of Lading': notices issued to former minister, secretaries

The Supreme Court on Monday issued notices to former federal law minister Babar Awan and ex-law secretary Masood Chishti for not approving 'Bill of Lading' for the machinery and equipment of Nandipur and Chichokimallian power projects, which caused a loss

Published 12 Jun, 2012 12:00am

Lahore Paper Market Rates

Lahore Paper Market Rates

Paper market rates in rupees on Monday (June 11, 2012).

Published 12 Jun, 2012 12:00am

'Bill of Lading': notices issued to former minister, secretaries

'Bill of Lading': notices issued to former minister, secretaries

The Supreme Court on Monday issued notices to former federal law minister Babar Awan and ex-law secretary Masood Chishti for not approving 'Bill of Lading' for the machinery and equipment of Nandipur and Chichokimallian power projects, which caused a loss

Published 12 Jun, 2012 12:00am

Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (June 11, 2012).

Published 12 Jun, 2012 12:00am

Nine-member Supreme Court bench to resume Memogate hearing

Nine-member Supreme Court bench to resume Memogate hearing

Chief Justice of Pakistan Iftikhar Muhammad Chaudhry has constituted a nine-member bench to resume from Tuesday (today) the hearing of Memogate scandal.

Published 12 Jun, 2012 12:00am

Karachi Plastic/Urea Moulding Compounds Rates

Karachi Plastic/Urea Moulding Compounds Rates

Karachi Plastic/Urea Moulding Compounds Rates on Monday (June 11, 2012).

Published 12 Jun, 2012 12:00am

Nine-member Supreme Court bench to resume Memogate hearing

Nine-member Supreme Court bench to resume Memogate hearing

Chief Justice of Pakistan Iftikhar Muhammad Chaudhry has constituted a nine-member bench to resume from Tuesday (today) the hearing of Memogate scandal.

Published 12 Jun, 2012 12:00am

Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (June 11, 2012).

Published 12 Jun, 2012 12:00am

Civil government: Senate panel for raising allocation to Rs 247 billion

Civil government: Senate panel for raising allocation to Rs 247 billion

The Senate Standing Committee on Finance has recommended that allocation for running of civil government be increased to Rs 247 billion against Rs 239 billion provision in budget for 2012-13 as the Cabinet decision to increase 20 percent salaries of emplo

Published 12 Jun, 2012 12:00am

Karachi chemicals and dyes market rates

Karachi chemicals and dyes market rates

Chemicals and dyes market rates in rupees on Monday (June 11, 2012).

Published 12 Jun, 2012 12:00am

Civil government: Senate panel for raising allocation to Rs 247 billion

Civil government: Senate panel for raising allocation to Rs 247 billion

The Senate Standing Committee on Finance has recommended that allocation for running of civil government be increased to Rs 247 billion against Rs 239 billion provision in budget for 2012-13 as the Cabinet decision to increase 20 percent salaries of emplo

Published 12 Jun, 2012 12:00am

Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Monday (June 11, 2012).

Published 12 Jun, 2012 12:00am

Civil government: Senate panel for raising allocation to Rs 247 billion

Civil government: Senate panel for raising allocation to Rs 247 billion

The Senate Standing Committee on Finance has recommended that allocation for running of civil government be increased to Rs 247 billion against Rs 239 billion provision in budget for 2012-13 as the Cabinet decision to increase 20 percent salaries of emplo

Published 12 Jun, 2012 12:00am

Rates of spices and other allied commodities

Rates of spices and other allied commodities

Rates of spices and other allied commodities in rupees prevailing on the commodity markets in Karachi on Monday (June 11, 2012).

Published 12 Jun, 2012 12:00am

Depressed reserves, CA: China agrees to place $500 million with SBP

Depressed reserves, CA: China agrees to place $500 million with SBP

China has agreed to place some $500 million with State Bank of Pakistan (SBP) to defuse pressure on current account and strengthen the foreign reserves from depletion. Sources told Business Recorder on Monday that "this development took place durin

Published 12 Jun, 2012 12:00am

Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (June 11, 2012).

Published 12 Jun, 2012 12:00am

Depressed reserves, CA: China agrees to place $500 million with SBP

Depressed reserves, CA: China agrees to place $500 million with SBP

China has agreed to place some $500 million with State Bank of Pakistan (SBP) to defuse pressure on current account and strengthen the foreign reserves from depletion. Sources told Business Recorder on Monday that "this development took place durin

Published 12 Jun, 2012 12:00am

Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (June 11, 2012).

Published 12 Jun, 2012 12:00am

Depressed reserves, CA: China agrees to place $500 million with SBP

Depressed reserves, CA: China agrees to place $500 million with SBP

China has agreed to place some $500 million with State Bank of Pakistan (SBP) to defuse pressure on current account and strengthen the foreign reserves from depletion. Sources told Business Recorder on Monday that "this development took place durin

Published 12 Jun, 2012 12:00am

Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (June 11, 2012).

Published 12 Jun, 2012 12:00am

Depressed reserves, CA: China agrees to place $500 million with SBP

Depressed reserves, CA: China agrees to place $500 million with SBP

China has agreed to place some $500 million with State Bank of Pakistan (SBP) to defuse pressure on current account and strengthen the foreign reserves from depletion. Sources told Business Recorder on Monday that "this development took place durin

Published 12 Jun, 2012 12:00am

Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (June 11, 2012).

Published 12 Jun, 2012 12:00am

SBP asks banks for timely credit of tax receipts in FBR account

SBP asks banks for timely credit of tax receipts in FBR account

The State Bank of Pakistan has asked banks to ensure appropriate procedures for timely credit of tax receipts in the Federal Board of Revenue (FBR) account. The State Bank on Monday advised banks/DFIs/MFBs to remain fully cognisant of their legal responsi

Published 12 Jun, 2012 12:00am

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Monday (June 11, 2012).

Published 12 Jun, 2012 12:00am

SBP asks banks for timely credit of tax receipts in FBR account

SBP asks banks for timely credit of tax receipts in FBR account

The State Bank of Pakistan has asked banks to ensure appropriate procedures for timely credit of tax receipts in the Federal Board of Revenue (FBR) account. The State Bank on Monday advised banks/DFIs/MFBs to remain fully cognisant of their legal responsi

Published 12 Jun, 2012 12:00am

Pakistan Economic Indicators

Pakistan Economic Indicators

Pakistan Economic Indicators - June 11, 2012.

Published 12 Jun, 2012 12:00am

SBP asks banks for timely credit of tax receipts in FBR account

SBP asks banks for timely credit of tax receipts in FBR account

The State Bank of Pakistan has asked banks to ensure appropriate procedures for timely credit of tax receipts in the Federal Board of Revenue (FBR) account. The State Bank on Monday advised banks/DFIs/MFBs to remain fully cognisant of their legal responsi

Published 12 Jun, 2012 12:00am

Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (June 11, 2012).

Published 12 Jun, 2012 12:00am

US exempts India, six others from Iran sanctions

US exempts India, six others from Iran sanctions

The United States said Monday it would exempt seven countries including India from tough new sanctions on their banking sector after they cut oil purchases from Iran. Secretary of State Hillary Clinton added India, Malaysia, South Africa, South Korea, Sri

Published 12 Jun, 2012 12:00am

Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (June 11, 2012).

Published 12 Jun, 2012 12:00am

US exempts India, six others from Iran sanctions

US exempts India, six others from Iran sanctions

The United States said Monday it would exempt seven countries including India from tough new sanctions on their banking sector after they cut oil purchases from Iran. Secretary of State Hillary Clinton added India, Malaysia, South Africa, South Korea, Sri

Published 12 Jun, 2012 12:00am

Dollar's rate in interbank market

Dollar's rate in interbank market

Interbank closing rates for dollar on Monday (June 11, 2012).

Published 12 Jun, 2012 12:00am

ISE index gains 0.36 points

ISE index gains 0.36 points

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 0.36 points as the ISE Ten Index moved from 2,703.81

Published 12 Jun, 2012 12:00am

Kerb buying and selling rate of US dollar

Kerb buying and selling rate of US dollar

Open market rate in the kerb market in rupees on Monday (June 11, 2012).

Published 12 Jun, 2012 12:00am

ISE index gains 0.36 points

ISE index gains 0.36 points

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 0.36 points as the ISE Ten Index moved from 2,703.81

Published 12 Jun, 2012 12:00am

THE RUPEE: dollar higher

THE RUPEE: dollar higher

The dollar maintained its upward trend against the rupee on the currency market on Monday in process of trading, dealers said. Not in very surprising way, dollar is surging, it is understood that the shortage of greenback will make it strong, exporters sa

Published 12 Jun, 2012 12:00am

LSE index rises by 27.18 points

LSE index rises by 27.18 points

Bullish sentiments prevailed on the Lahore Stock Exchange on Monday and the equities registered gains under the lead of fertiliser sector but trading turnover was decreased due to the investors' cautious behaviour. The LSE-25 index gained 27.18 points and

Published 12 Jun, 2012 12:00am

THE RUPEE: dollar higher

THE RUPEE: dollar higher

The dollar maintained its upward trend against the rupee on the currency market on Monday in process of trading, dealers said. Not in very surprising way, dollar is surging, it is understood that the shortage of greenback will make it strong, exporters sa

Published 12 Jun, 2012 12:00am

LSE index rises by 27.18 points

LSE index rises by 27.18 points

Bullish sentiments prevailed on the Lahore Stock Exchange on Monday and the equities registered gains under the lead of fertiliser sector but trading turnover was decreased due to the investors' cautious behaviour. The LSE-25 index gained 27.18 points and

Published 12 Jun, 2012 12:00am

Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Monday (June 11, 2012).

Published 12 Jun, 2012 12:00am

'I'll record my statement': Riaz arrives by his special plane

'I'll record my statement': Riaz arrives by his special plane

Malik Riaz Hussain, the real estate tycoon, late Monday night arrived here at the Benazir Bhutto Inter-national Airport by his special plane. Malik Riaz, who was under treatment in the UK, on his return avoided a detailed media intercation and only restri

Published 12 Jun, 2012 12:00am

Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Monday (June 11, 2012).

Published 12 Jun, 2012 12:00am

'I'll record my statement': Riaz arrives by his special plane

'I'll record my statement': Riaz arrives by his special plane

Malik Riaz Hussain, the real estate tycoon, late Monday night arrived here at the Benazir Bhutto Inter-national Airport by his special plane. Malik Riaz, who was under treatment in the UK, on his return avoided a detailed media intercation and only restri

Published 12 Jun, 2012 12:00am

Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Monday (June 11, 2012).

Published 12 Jun, 2012 12:00am

'I felt sorry for Arsalan' Riaz showed me 'documents', says Aitzaz

'I felt sorry for Arsalan' Riaz showed me 'documents', says Aitzaz

Former president of Supreme Court Bar Association Barrister Chaudhry Aitzaz Ahsan has said that Chief Justice Iftikhar Muhammad Chaudhry has nothing to do with the alleged wrongdoings of his son Arsalan and hence, no one should point finger at the CJP.

Published 12 Jun, 2012 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Monday (June 11, 2012)

Published 12 Jun, 2012 12:00am

'I felt sorry for Arsalan' Riaz showed me 'documents', says Aitzaz

'I felt sorry for Arsalan' Riaz showed me 'documents', says Aitzaz

Former president of Supreme Court Bar Association Barrister Chaudhry Aitzaz Ahsan has said that Chief Justice Iftikhar Muhammad Chaudhry has nothing to do with the alleged wrongdoings of his son Arsalan and hence, no one should point finger at the CJP.

Published 12 Jun, 2012 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Monday (June 11, 2012)

Published 12 Jun, 2012 12:00am

Counsel asked to submit statement

Counsel asked to submit statement

While resuming the hearing of suo motu case the Supreme Court directed the counsel for real estate tycoon Malik Riaz to submit a concise statement till Tuesday (today). A two-member bench comprising Justice Jawwad S. Khawaja and Justice Khiliji Arif Hussa

Published 12 Jun, 2012 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Monday (June 11, 2012)

Published 12 Jun, 2012 12:00am

Counsel asked to submit statement

Counsel asked to submit statement

While resuming the hearing of suo motu case the Supreme Court directed the counsel for real estate tycoon Malik Riaz to submit a concise statement till Tuesday (today). A two-member bench comprising Justice Jawwad S. Khawaja and Justice Khiliji Arif Hussa

Published 12 Jun, 2012 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 1	277.78
USD PKR Interbank Buying / Nov 1	277.68
USD to Japanese Yen / Nov 1	153.01
USD to Swiss Franc / Nov 1	0.87
Pound Sterling to USD / Nov 1	1.29
Euro to USD / Nov 1	1.08

Stock	Volume
S&P 500 / Nov 1	5,728.80
India Sensex / Nov 1	79,724.12
Tokyo Nikkei / Nov 1	38,053.67
Nasdaq / Nov 1	18,239.92
Hang Seng / Nov 1	20,506.43
FTSE 100 / Nov 1	8,177.15
Dow Jones / Nov 1	42,052.19
Germany DAX 30 / Nov 1	19,254.97

Item	Value
Crude Oil USD/Barrel / Nov 1	69.49
Karachi Cotton PKR/37.32 KG / Nov 1	18,085
Gold 10 Grams PKR / Nov 1	244,084
Gold Spot USD/Ounce / Nov 1	2,736.53
Cotton US¢/pound / Nov 1	70.17
Petrol/Litre / Nov 2	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 2 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Nov 2 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Nov 2 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Nov 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 2 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Nov 2 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Nov 2 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Nov 2 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Nov 2 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Nov 2 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Nov 2 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Nov 2 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Nov 2 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Nov 2 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Nov 2 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Nov 2 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Nov 2 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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