News Archives for Print - 2012-06-20 - Business Recorder

AGL 37.89 ▼ -0.26 (-0.68%)

AIRLINK 124.10 ▲ 2.59 (2.13%)

BOP 5.67 ▼ -0.18 (-3.08%)

CNERGY 3.75 ▼ 0.00 (0%)

DCL 8.55 ▲ 0.15 (1.79%)

DFML 40.48 ▼ -0.41 (-1%)

DGKC 87.10 ▲ 2.50 (2.96%)

FCCL 33.98 ▲ 1.28 (3.91%)

FFBL 66.01 ▲ 0.51 (0.78%)

FFL 10.20 ▲ 0.15 (1.49%)

HUBC 104.45 ▲ 0.65 (0.63%)

HUMNL 13.45 ▲ 0.20 (1.51%)

KEL 4.78 ▲ 0.35 (7.9%)

KOSM 6.84 ▼ -0.25 (-3.53%)

MLCF 38.84 ▲ 1.34 (3.57%)

NBP 60.35 ▲ 0.10 (0.17%)

OGDC 179.65 ▲ 7.40 (4.3%)

PAEL 24.97 ▲ 0.17 (0.69%)

PIBTL 5.71 ▲ 0.01 (0.18%)

PPL 153.00 ▲ 11.31 (7.98%)

PRL 22.79 ▲ 0.07 (0.31%)

PTC 14.91 ▲ 0.17 (1.15%)

SEARL 66.85 ▲ 2.29 (3.55%)

TELE 7.01 ▼ -0.13 (-1.82%)

TOMCL 35.70 ▲ 0.20 (0.56%)

TPLP 7.32 ▲ 0.03 (0.41%)

TREET 13.99 ▼ -0.21 (-1.48%)

TRG 50.95 ▼ -0.80 (-1.55%)

UNITY 26.40 ▼ -0.20 (-0.75%)

WTL 1.23 ▲ 0.01 (0.82%)

BR100 9,717 233.5 (2.46%)

BR30 29,237 866.2 (3.05%)

KSE100 90,860 1893.1 (2.13%)

KSE30 28,458 630.4 (2.27%)

اردو

Nov 01, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Print - 2012-06-20

Chinese language programme Rs 597.88 million not released to education, literacy department

Chinese language programme Rs 597.88 million not released to education, literacy department

Despite Chief Minister Sindh's approval, Finance department has not yet released Rs 597.885 million to education and literacy department for the launching of Introduction of Chinese language program, Business Recorder learnt here on Tuesday. In the

Published 20 Jun, 2012 12:00am

KMC, IMM sign MoU

KMC, IMM sign MoU

Karachi Metropolitan Corporation (KMC) and Istanbul Metropolitan Municipality (IMM) have signed a mutual co-operation agreement aiming at enhancing technical and vocational training in both cities. A Memorandum of Understanding (MoU) to this effect was si

Published 20 Jun, 2012 12:00am

Streamlining tax system Rs 2.7 trillion revenue can be collected: Suddle

Streamlining tax system Rs 2.7 trillion revenue can be collected: Suddle

Federal Tax Ombudsman (FTO), Dr Muhammad Shoaib Suddle, has said that the country can collect revenue to the tune of Rs 2700 billion if the tax system was streamlined. Addressing members of Korangi Association of Trade and Industry (KATI) here on Tuesday,

Published 20 Jun, 2012 12:00am

Trend of new listings remained depressing for second consecutive year

Trend of new listings remained depressing for second consecutive year

The trend of new listings remained depressing in the second consecutive year as the Pakistan equity market saw only four IPOs (initial public offering) during fiscal year FY12. It was the second consecutive year that saw very depressing trend with regard

Published 20 Jun, 2012 12:00am

KESC may face 650 megawatts cut in supply from Wapda

KESC may face 650 megawatts cut in supply from Wapda

Karachi Electric Supply Company (KESC) may face cut in supply of at least 650 megawatts from Water and Power Development Authority (Wapda) as Ministry of Water and Power (MoW&P) is considering various options to minimise power cuts in Punjab.

Published 20 Jun, 2012 12:00am

GSP Plus scheme: Garment exporters praise EU's decision

GSP Plus scheme: Garment exporters praise EU's decision

Atiq A Kochra, Zonal Chairman Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA), has termed the European Union's decision to redesign its Generalised System of Preferences for GSP Plus scheme by increasing the minimum threshold

Published 20 Jun, 2012 12:00am

Partly Facetious: There's enough anger in Punjab

Partly Facetious: There's enough anger in Punjab

"This decision gives me a comfort level - the only issue is if it is enforceable."

Published 20 Jun, 2012 12:00am

Setting new agendas

Setting new agendas

For me, it is a great honour to be the Ambassador of a country that is taking so seriously the quest for sustainable development. Brazil has been taking important actions for the last decade in order to grow and develop without disregarding the environmen

Published 20 Jun, 2012 12:00am

Post-election power struggle, as Egypt army keeps grip

Post-election power struggle, as Egypt army keeps grip

As rival candidates claimed victory in Egypt's presidential elections on Monday, a military decree expanding the army's political powers took the gloss off the country's top post. A series of constitutional amendments were issued on Sunday night by the Su

Published 20 Jun, 2012 12:00am

Europe versus world as fears of contagion spread

Europe versus world as fears of contagion spread

European leaders at the Group of 20 summit in Mexico are feeling the pressure as the United States and developing countries join in pushing for a resolution to the eurozone's economic crisis amid fears for the global economy. But European Union leaders sa

Published 20 Jun, 2012 12:00am

Gender equality

Gender equality

Despite concerted efforts on the part of developing economies to make a significant progress in reducing gender disparity by 2015 (being specified timeframe for achieving Millennium Developmental Goals), there is still a vast gap to cover, particularly in

Published 20 Jun, 2012 12:00am

Export expansion: window of opportunity

Export expansion: window of opportunity

The European Union's updated trade preference scheme for developing countries that will come into force from 1st January, 2014 could be a great boon to the Pakistan's economy if the country is able to exploit its potential for export expansion. Known a

Published 20 Jun, 2012 12:00am

What next after Gilani?

What next after Gilani?

Syed Yousuf Raza Gilani stands disqualified both as prime minister and as member of the National Assembly in pursuance of Supreme Court's verdict announced yesterday afternoon that effectively establishes the writ of the law and the constitution. A few

Published 20 Jun, 2012 12:00am

JI terms verdict a bold decision

JI terms verdict a bold decision

Ameer, Jamaat-e-Islami, Pakistan, Syed Munawwar Hasan, has welcomed Supreme Court judgement disqualifying Syed Yousuf Raza Gilani and described it a bold and land mark decision. He has called upon President Zardari to announce fresh elections along with n

Published 20 Jun, 2012 12:00am

People hail Supreme Court judgement

People hail Supreme Court judgement

People from different walk of life while welcoming the disqualification of Prime Minister Yousuf Raza Gilani by the Supreme Court (SC) have said the country needs honest and dedicated rulers with the ability to bring the country out of the prevailing quag

Published 20 Jun, 2012 12:00am

Mainstream parties welcome Supreme Court verdict

Mainstream parties welcome Supreme Court verdict

Major political parties on Tuesday welcomed the Supreme Court verdict disqualifying Prime Minister Syed Yousuf Raza Gilani and maintained that it would not harm the teething democracy in the country. Hailing the verdict, Pakistan Muslim League-Nawaz (PML-

Published 20 Jun, 2012 12:00am

ICCI hopes for positive change

ICCI hopes for positive change

Islamabad Chamber of Commerce and Industries (ICCI) welcomed the decision of the Supreme Court and said that this step could bring about a new change for the betterment of the business community across the country.

Published 20 Jun, 2012 12:00am

Supreme Court decision against Prime Minister: speaker adjourns Khyber Pakhtunkhwa assembly proceedings in protest

Supreme Court decision against Prime Minister: speaker adjourns Khyber Pakhtunkhwa assembly proceedings in protest

The disqualification of Prime Minister Syed Yousuf Raza Gilani by Supreme Court disrupted the budget session proceedings of the Khyber Pakhtukhwa Assembly prompting the shocked Speaker Kiramatullah Khan to adjourn the proceedings of the house as protest.

Published 20 Jun, 2012 12:00am

Gilani's performance as premier quite disappointing

Gilani's performance as premier quite disappointing

Yousuf Raza Gilani's performance as Prime Minister remained disappointing during the last four years with severe energy shortages and a steady erosion of macro-economic indicators. The country remains in the throes of a severe energy crisis ranging from a

Published 20 Jun, 2012 12:00am

Civil society in Punjab criticises PPP government

Civil society in Punjab criticises PPP government

While civil society in Punjab overwhelmingly welcomed the Supreme Court's decision to disqualify and unseat former prime minister Yousuf Raza Gilani, Violent protests against power outages continued on Tuesday. Members of the civil society, especially the

Published 20 Jun, 2012 12:00am

Red Zone security beefed up

Red Zone security beefed up

The capital police have restricted entry to the Red Zone on Tuesday following the disqualification of Prime Minister Yousuf Raza Gilani by the Supreme Court. "The Inspector-General of Police (IGP) of police Bani Amin has directed police to allow entry of

Published 20 Jun, 2012 12:00am

'Elements advising Gilani not to file appeal will be exposed'

'Elements advising Gilani not to file appeal will be exposed'

People responsible for advising former prime minister Gilani to refrain from filing an appeal against his conviction in the contempt of court case would soon be exposed, Pakistan People's Party (PPP) Senator Babar Awan said on Tuesday.

Published 20 Jun, 2012 12:00am

Tenure longevity: Gilani still 36 days behind Liaquat Ali Khan

Tenure longevity: Gilani still 36 days behind Liaquat Ali Khan

The Supreme Court's short order has not only disqualified Yousuf Raza Gilani as Prime Minister but also deprived him of being the longest serving Prime Minister of Pakistan. Late Prime Minister of Pakistan Liaquat Ali Khan remains the longest serving elec

Published 20 Jun, 2012 12:00am

'Power crisis is hurting investment prospects'

'Power crisis is hurting investment prospects'

Massive electricity outages in Punjab and the government's failure to overcome the energy crisis was resulting in lawlessness, unemployment, poverty and other related problems for the public and industrial sector. Commenting over violent power riots in Pu

Published 20 Jun, 2012 12:00am

Denial of ownership rights: LHC seeks reply from Punjab government

Denial of ownership rights: LHC seeks reply from Punjab government

The Lahore High Court Chief Justice on Tuesday sought a reply from Punjab government about denial of ownership rights of around 100 members of blind families living in a Kachi Abadi of Masti Gate. The petitioners have approached the court against their po

Published 20 Jun, 2012 12:00am

Killings of party workers: MQM stages walkout

Killings of party workers: MQM stages walkout

Lawmakers of Muttahida Qaumi Movement (MQM) on Tuesday staged a protest walkout against the killings of their party workers during the Sindh Assembly session. Deputy parliamentary leader of MQM in the Sindh Assembly, Faisal Sabzwari protested his party's

Published 20 Jun, 2012 12:00am

Budget debate in Sindh PA: MQM lawmakers for steps to stop relocation of industrial units

Budget debate in Sindh PA: MQM lawmakers for steps to stop relocation of industrial units

Muttahida Qaumi Movement (MQM) on Tuesday expressed concerns over the ailing textile industry, urging the government to step up to stop fast relocation of manufacturing units to other countries and extend incentives to the existing local investors.

Published 20 Jun, 2012 12:00am

Contempt petition against President deferred till June 21

Contempt petition against President deferred till June 21

The Chief Justice of the Lahore High Court on Tuesday adjourned till June 21 the proceedings in a petition against President Asif Ali Zardari for not shunning political activities as advised in a LHC verdict. He directed the petitioner to come up with arg

Published 20 Jun, 2012 12:00am

Clarification

Clarification

With reference to a news item published in Business Recorder on Monday, June 18, 2012, under caption "TCP accused of ignoring local cos in Gwadar", it is clarified that the alleged statement attributed to All Gwadar Shipping & Clearing Agents Assoc

Published 20 Jun, 2012 12:00am

NIT's kiosk from June 22

NIT's kiosk from June 22

NIT's sales promotion teams are organising informative kiosk services in major cities of Pakistan to create awareness among public about the benefits of investing in NIT Funds and its tax benefits to the investors. In this connection NIT will set up three

Published 20 Jun, 2012 12:00am

Pacra maintains NIB Bank's ratings

Pacra maintains NIB Bank's ratings

The Pakistan Credit Rating Agency Limited (Pacra) has maintained the long-term and short-term entity ratings of NIB Bank Limited at "AA-" (Double A Minus) and "A1+" (A One Plus) respectively. The rating of the unsecured TFC issue of Rs 4,000 million has a

Published 20 Jun, 2012 12:00am

Pacra maintains NIB Bank's ratings

Pacra maintains NIB Bank's ratings

The Pakistan Credit Rating Agency Limited (Pacra) has maintained the long-term and short-term entity ratings of NIB Bank Limited at "AA-" (Double A Minus) and "A1+" (A One Plus) respectively. The rating of the unsecured TFC issue of Rs 4,000 million has a

Published 20 Jun, 2012 12:00am

KSBL hosts career-counselling session

KSBL hosts career-counselling session

The Karachi School for Business & Leadership (KSBL), hosted a career counselling session at a local hotel here on Tuesday. The session titled "Unleash Your Potential - Choose the Right Career", invited accomplished business leaders from various sectors wh

Published 20 Jun, 2012 12:00am

Condolence

Condolence

Federal Minister for Information Technology Raja Pervaz Ashraf expressed his heartfelt sorrow over the sad demise of PPP leader AND MNA Fauzia Wahab. The Minister said that Fauzia Wahab was a very committed and sincere PPP leader who always stood with the

Published 20 Jun, 2012 12:00am

Slain MQM workers laid to rest

Slain MQM workers laid to rest

An intense wave of tension on Tuesday gripped many parts of the city, following the funeral of three MQM workers and a Shiite prayer leader. According to eye-witnesses, all commercial and social activities were suspended in North Karachi, Ancholi, Sharah-

Published 20 Jun, 2012 12:00am

Six more gunned down in Karachi

Six more gunned down in Karachi

The targeted killing spree continued unabated as six more persons were killed in separate incidents in the metropolis here on Tuesday. According to police and rescue sources, a bullet-riddled body stuffed in a gunny bag was recovered from Shah Faisal jett

Published 20 Jun, 2012 12:00am

Waseela Bank, Adamjee Life sign agreement

Waseela Bank, Adamjee Life sign agreement

Waseela Microfinance Bank a fully-owned subsidiary of Orascom Telecom Holdings, and a sister concern of Pakistan Mobile Communications Limited (PMCL) and Adamjee Life Assurance Co Ltd, a member of Nishat Group, one of the leading and most diversified busi

Published 20 Jun, 2012 12:00am

Challenging notification: LHC issues notice to AGP for June 21

Challenging notification: LHC issues notice to AGP for June 21

The Lahore High Court issued notice to the Attorney General for Pakistan and the Federation for 21st in a petition of Allied Bank of Pakistan (ABL) challenging the notification issued by the federal government regarding payment of advance tax.

Published 20 Jun, 2012 12:00am

Protests against loadshedding: two shot dead by MNAs' guards

Protests against loadshedding: two shot dead by MNAs' guards

Infuriated by hours' long and unannounced power outages, tens of hundreds of citizens staged violent protest demonstrations against load-shedding in various parts of the Southern Punjab. Two people were killed and 23 injured when guards of two PPP leaders

Published 20 Jun, 2012 12:00am

China Exim Bank to provide $448 million for NJHP

China Exim Bank to provide $448 million for NJHP

The China EXIM Bank will provide US $448 million to help complete strategically important 969MW Neelum Jhelum Hydropower Project (NJHP), while in yet another significant development, the Central Development Working Party (CDWP) has also approved revised P

Published 20 Jun, 2012 12:00am

PLDDB plans to set up more resources centres

PLDDB plans to set up more resources centres

Punjab Livestock and Dairy Development Board (PLDDB) has planned to establish 'Livestock Resource Centres (LRCs) across the province to help livestock farmers to play their role in enhancing milk and meat production besides increasing their earnings.

Published 20 Jun, 2012 12:00am

Punjab government accused of fomenting violence

Punjab government accused of fomenting violence

Pakistan Tahreek-e-Insaf (PTI) central information secretary Shafqat Mahmood here on Tuesday said that the Punjab government is responsible for of loss of lives during violent protests against load shedding. He said people protesting against unbearable lo

Published 20 Jun, 2012 12:00am

Chief minister Punjab reviews pre-monsoon arrangements

Chief minister Punjab reviews pre-monsoon arrangements

Punjab Chief Minister, Muhammad Shahbaz Sharif has directed the concerned authorities to complete necessary arrangements before the onset of the rainy season and all departments should work in a coordinated manner so that people should not face any proble

Published 20 Jun, 2012 12:00am

USAID team visits NTDC: US commitment to energy reforms reaffirmed

USAID team visits NTDC: US commitment to energy reforms reaffirmed

A US Agency for International Development (USAID) delegation led by USAID Energy Office Director Melissa Knight visited the National Transmission and Dispatch Company (NTDC) in Lahore on Tuesday. The USAID team met with NTDC General Manager Planning and P

Published 20 Jun, 2012 12:00am

Trade bodies decide to stop paying government taxes

Trade bodies decide to stop paying government taxes

Trade bodies including Sialkot Chamber of Commerce and Industry (SCCI) have unanimously decided to stop paying federal government taxes as mark of protest against power outage for 22 hours in this export-oriented city and nucleus of cottage industries.

Published 20 Jun, 2012 12:00am

Shahbaz castigates federal government for failure of power policies

Shahbaz castigates federal government for failure of power policies

Punjab Chief Minister Muhammad Shahbaz Sharif castigated the federal government for its failure on power policies and said that protests against these policies by people were not his instigated whereas the poor people, who were sick of severe load sheddin

Published 20 Jun, 2012 12:00am

Poverty alleviation project: Speakers underscore need for more initiative

Poverty alleviation project: Speakers underscore need for more initiative

Speakers at a goat distribution ceremony organised by a Turkey-based development organisation resolved to initiate more initiatives for poverty alleviation in rural areas. The TIKA-funded project on 'goat breeding for reducing poverty and strengthening th

Published 20 Jun, 2012 12:00am

Construction of dams important for country's future: Raghib

Construction of dams important for country's future: Raghib

Member (Water) Water and Power Development Authority (WAPDA) Raghib Abbas Shah has said that construction of dams is very important for the future of the country and the government is working on building water reservoirs to mitigate the impact of super fl

Published 20 Jun, 2012 12:00am

Shahbaz highlights importance of education

Shahbaz highlights importance of education

Punjab Chief Minister, Shahbaz Sharif has said that education is only means to salvage the nation from poverty, deprivations and darkness. He said that menace of terrorism could also be countered through education, as knowledge is more powerful than bulle

Published 20 Jun, 2012 12:00am

AGP to attend congress on justice, governance

AGP to attend congress on justice, governance

The Auditor General of Pakistan Muhammad Akhtar Buland Rana is attending the World Congress on justice, governance and law for environmental sustainability organised by the United Nations Environmental Programme (UNEP) in partnership with the INTOSAI Work

Published 20 Jun, 2012 12:00am

Khyber Pakhtunkhwa making investment in education sector: Hoti

Khyber Pakhtunkhwa making investment in education sector: Hoti

Chief Minister Khyber Pakhtunkhwa, Ameer Haider Khan Hoti, has said that present government is spending greater resources on education sector particularly women education. He said that terror mindset can be defeated through promotion of education. He was

Published 20 Jun, 2012 12:00am

Tax Year 2012: FBR issues simplified IT return form for companies

Tax Year 2012: FBR issues simplified IT return form for companies

The Federal Board of Revenue on Tuesday issued a simplified income tax return form for companies (Tax Year 2012) by deleting some items from the main page and creating separate annexure like Annex- E1, Annex- F1, Annex- G1, Annex- H1, Annex- J1, Annex- K1

Published 20 Jun, 2012 12:00am

Gas diversion to IPPs may affect key sectors: analyst

Gas diversion to IPPs may affect key sectors: analyst

The government decision to disconnect 400mmcfd gas, being provided to captive power plants, and divert it to IPPs to reduce loadshedding on interim basis does not bode well for cement, textile, sugar and chemical sectors, an analyst said. "I believe that

Published 20 Jun, 2012 12:00am

President cancels Russia visit

President cancels Russia visit

President Asif Ali Zardari on Tuesday cancelled a visit to Russia in a bid to contain a domestic crisis sparked by the Supreme Court disqualifying his prime minister, a spokesman said. Zardari was due to attend the June 20-22 St Petersburg International E

Published 20 Jun, 2012 12:00am

Shahbaz says respects Supreme Court verdict

Shahbaz says respects Supreme Court verdict

Punjab Chief Minister Shahbaz Sharif on Tuesday said that he has respect for the decision of the Supreme Court on Speaker's ruling case. Talking to the media representatives in a function at a local hotel he said he wished Yousuf Raza Gilani had sided wit

Published 20 Jun, 2012 12:00am

Twin cities: protest demos against prolonged loadshedding held

Twin cities: protest demos against prolonged loadshedding held

Hundreds of people including traders on Tuesday took to streets and blocked roads to protest against prolonged and unscheduled load shedding in twin cities of Islamabad and Rawalpindi. Angry mob torched an electricity grid station, electricity polls and d

Published 20 Jun, 2012 12:00am

Burning of public property during power protests regrettable: Shahbaz

Burning of public property during power protests regrettable: Shahbaz

Punjab Chief Minister Shahbaz Sharif has said that Pakistan is facing serious problems due to worst load-shedding of its history, however, the incidents of looting and burning of public properties during protest demonstrations against load-shedding are hi

Published 20 Jun, 2012 12:00am

The Weather

The Weather

The weather report on Tuesday (June 19, 2012) and the forecast for Wednesday (June 20, 2012).

Published 20 Jun, 2012 12:00am

Three brothers killed as wall collapses

Three brothers killed as wall collapses

At least three minor siblings were killed while one another sustained injuries when the wall of a house fell down on them at Gilgit colony located at Korangi area in the limits of Zaman Town police station on late Tuesday.

Published 20 Jun, 2012 12:00am

Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (June 19, 2012).

Published 20 Jun, 2012 12:00am

JCSC meeting discusses national security

JCSC meeting discusses national security

The Joint Chiefs of Staff Committee (JCSC) meeting was held here on Tuesday at the Joint Staff Headquarters.

Published 20 Jun, 2012 12:00am

LME official prices

LME official prices

The following were Monday official prices.

Published 20 Jun, 2012 12:00am

Lovey-dovey days of Gilani are over!!!

Lovey-dovey days of Gilani are over!!!

The lovey-dovey days of Syed Yousuf Raza Gilani are over. He was born in 1952 in an influential peer family of Multan - a famous district of Southern Punjab. Thirty-four years ago, Gilani started his political career during the era of General Ziaul Haq. H

Published 20 Jun, 2012 12:00am

LME official prices

LME official prices

The following were Monday official prices.

Published 20 Jun, 2012 12:00am

4,150 bottles of foreign liquor seized

4,150 bottles of foreign liquor seized

Pakistan Coast Guards (PCG) seized a huge quantity of foreign brand liquor at Zero point near Uthal (Balochistan). PCG officials acted on credible information about the smuggling bid from the Coastal Highway. During checking, PCG officials spotted a suspi

Published 20 Jun, 2012 12:00am

Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (June 19, 2012).

Published 20 Jun, 2012 12:00am

APTMA hails GSP decision

APTMA hails GSP decision

Mohsin Aziz, Chairman All Pakistan Textile Mills Association (APTMA), has hailed the landmark decision of the European Parliament (EP) that voted to approve draft legislation for the new EU scheme for Generalised System of Preferences (GSP) under which Pa

Published 20 Jun, 2012 12:00am

Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (June 19, 2012).

Published 20 Jun, 2012 12:00am

FBR returns Rs 1.01 billion FED collected from Sindh in July 2011

FBR returns Rs 1.01 billion FED collected from Sindh in July 2011

Federal Government has returned Rs 1.01 billion out of the total Rs 1.5 billion collected by Federal Board of Revenue (FBR) from Sindh in the head of FED on services during July 2011. Informed sources in Sindh Revenue Board (SRB) told Business Recorder

Published 20 Jun, 2012 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Tuesday (June 19, 2012).

Published 20 Jun, 2012 12:00am

Dengue fever claimed 539 lives during 2005 to 2011

Dengue and its hemorrhage fever is one of the serious health issue of today as from 2005-2011 its confirmed cases dramatically increased to 55,946 with 539 deaths, affecting 105 out of 146 districts of Pakistan. Federal Minister for Inter-Provincial co-or
Published 20 Jun, 2012 12:00am

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (June 19, 2012).

Published 20 Jun, 2012 12:00am

Sweden's envoy meets Peshawar university vice chancellor

Ambassador of the Kingdom of Sweden to Pakistan Lars Hjalmar Wide on Tuesday visited the University of Peshawar and met with the university's VC Dr Qibla Ayaz. During the meeting, both sides discussed about improvement of academic linkages and co-operatio
Published 20 Jun, 2012 12:00am

Shipping Intelligence

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

Published 20 Jun, 2012 12:00am

LDA takes over mortgaged plots in 18 private housing schemes

Lahore Development Authority (LDA) has taken over mortgaged plots in 18 private housing schemes in the city, as their developers had failed to complete development works despite expiry of specified period given to them for this purpose years ago. These pl
Published 20 Jun, 2012 12:00am

Shipping Intelligence

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

Published 20 Jun, 2012 12:00am

Shaban moon not to be sighted today

The new Shaban moon will not be sighted today (Wednesday) according to astronomical parameters. Therefore, the first of Shaban, 1433 AH will fall on Friday. The moon crossed the conjunction line yesterday (Tuesday) at 2002 Pakistan Standard Time (PST). Th
Published 20 Jun, 2012 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Tuesday (June 19, 2012).

Published 20 Jun, 2012 12:00am

Shaban moon not to be sighted today

The new Shaban moon will not be sighted today (Wednesday) according to astronomical parameters. Therefore, the first of Shaban, 1433 AH will fall on Friday. The moon crossed the conjunction line yesterday (Tuesday) at 2002 Pakistan Standard Time (PST). Th
Published 20 Jun, 2012 12:00am

Kerb buying and selling rate of US dollar

Open market rate in the kerb market in rupees on Tuesday (June 19, 2012).

Published 20 Jun, 2012 12:00am

MQM supports Supreme Court verdict

The ruling clique was seen in the midst of political hot water after a key PPP ally-the Muttahida Qaumi Movement-announced to accept the Supreme Court ruling which disqualifies Prime Minister Syed Yousuf Raza Gilani from holding the office.
Published 20 Jun, 2012 12:00am

THE RUPEE: dollar slips

The rupee showed its muscles against dollar on the currency market on Tuesday due to no major payment, dealers said. The rupee improved versus dollar following the further smoothness between Pak-US relationship, they said and adding that the rupee gained
Published 20 Jun, 2012 12:00am

Normalisation of Pak-US ties: political chaos may further delay progress

The political chaos in the country following Yousf Razilani's disqualification as Prime Minister by the apex court on Tuesday may further delay Islamabad's re-engagement with Washington. The latest upheaval comes amid reports of a near breakthrough in the
Published 20 Jun, 2012 12:00am

THE RUPEE: dollar slips

The rupee showed its muscles against dollar on the currency market on Tuesday due to no major payment, dealers said. The rupee improved versus dollar following the further smoothness between Pak-US relationship, they said and adding that the rupee gained
Published 20 Jun, 2012 12:00am

French court agrees permit for Marseille mega-mosque

A French appeals court granted permission Tuesday for the building of a mega-mosque in the southern city of Marseille that has been touted as a symbol of Islam's growing place in France. The court overturned an October ruling by Marseille's administrative
Published 20 Jun, 2012 12:00am

Rates of Debt Securities

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

Published 20 Jun, 2012 12:00am

Balochistan to import electricity from Iran

Balochistan government is planning to purchase 1000 megawatt electricity from Iran to overcome the power shortage in Balochistan besides ensuring uninterrupted power supply to tube-wells in agriculture sector of the province.
Published 20 Jun, 2012 12:00am

Rates of Debt Securities

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

Published 20 Jun, 2012 12:00am

ISE: bears dominate the proceedings

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favorites amid decrease in index. ISE Ten Index fell by 7.88 points as the ISE Ten Index moved from 2,729.12 to 2,721.24 point
Published 20 Jun, 2012 12:00am

Rates of Debt Securities

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

Published 20 Jun, 2012 12:00am

ISE: bears dominate the proceedings

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favorites amid decrease in index. ISE Ten Index fell by 7.88 points as the ISE Ten Index moved from 2,729.12 to 2,721.24 point
Published 20 Jun, 2012 12:00am

Cross Transactions between Client to Client & Financial Institutions

The following were the cross transactions between client to client & financial institutions here on Tuesday (June 19, 2012).

Published 20 Jun, 2012 12:00am

LSE index sheds 36.76 points

Bearish sentiments prevailed on the Lahore Stock Exchange on Tuesday and the equities registered losses amid decreased trading turnover due to lacking buying interest on the part of investors. The LSE-25 index was declined by 36.76 points and was closed a
Published 20 Jun, 2012 12:00am

Member to Member

The following transactions member to member subsequently reported on Tuesday (June 19, 2012).

Published 20 Jun, 2012 12:00am

LSE index sheds 36.76 points

Bearish sentiments prevailed on the Lahore Stock Exchange on Tuesday and the equities registered losses amid decreased trading turnover due to lacking buying interest on the part of investors. The LSE-25 index was declined by 36.76 points and was closed a
Published 20 Jun, 2012 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Tuesday (June 19, 2012)

Published 20 Jun, 2012 12:00am

BRIndex30 down by 53.34 points

On Tuesday, BRIndex30 opened at 10,008.4 and remained negative throughout the trading session. It touched an intraday high of 9,993.59 and an intraday low of 9,873.78 and closed at 9,955.06 which was -53.34 points or -0.53 percent lower than previous clos
Published 20 Jun, 2012 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Tuesday (June 19, 2012)

Published 20 Jun, 2012 12:00am

BRIndex30 down by 53.34 points

On Tuesday, BRIndex30 opened at 10,008.4 and remained negative throughout the trading session. It touched an intraday high of 9,993.59 and an intraday low of 9,873.78 and closed at 9,955.06 which was -53.34 points or -0.53 percent lower than previous clos
Published 20 Jun, 2012 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Tuesday (June 19, 2012)

Published 20 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

152.34

USD to Swiss Franc / Nov 1

0.86

Pound Sterling to USD / Nov 1

1.29

Euro to USD / Nov 1

1.09

Stock Volume

S&P 500 / Oct 31

5,705.45

India Sensex / Oct 31

79,389.06

Nasdaq / Oct 31

18,095.15

Dow Jones / Oct 31

41,763.46

Tokyo Nikkei / Nov 1

38,053.67

Hang Seng / Nov 1

20,497.59

FTSE 100 / Nov 1

8,154.34

Germany DAX 30 / Nov 1

19,132.89

Item Value

Karachi Cotton PKR/37.32 KG / Oct 31

18,085

Gold 10 Grams PKR / Oct 31

250,518.70

Petrol/Litre / Nov 1

248.38

Crude Oil USD/Barrel / Nov 1

70.52

Gold Spot USD/Ounce / Nov 1

69.64

Diesel/Litre / Nov 1

255.14

Gainers
Losers
Leaders

Stock Price

786 Invest Ltd / Nov 1

786 Investments Limited(786)

5

▼ 0.00 (0.00%)

AL-Abbas Sugar / Nov 1

Al-Abbas Sugar Mills Limited(AABS)

585

▼ 0.00 (0.00%)

Agro Allianz / Nov 1

Agro Allianz Limited(AAL)

16

▼ 0.00 (0.00%)

AL-Abid Silk / Nov 1

Al-Abid Silk Mills Limited(AASM)

3.49

▼ 0.00 (0.00%)

Ali Asghar / Nov 1

Ali Asghar Textile Mills Limited(AATM)

2.07

▼ 0.00 (0.00%)

Allied Bank / Nov 1

Allied Bank Limited(ABL)

87.10

▼ 0.00 (0.00%)

Abbott Lab. / Nov 1

Abbott Laboratories (Pakistan) Limited(ABOT)

499.34

▼ 0.00 (0.00%)

Abson Ind. / Nov 1

Abson Industries Limited(ABSON)

2.50

▼ 0.00 (0.00%)

Alfalah ETF. / Nov 1

Alfalah Consumer Index ETF.(ACIETF)

9.84

▼ 0.00 (0.00%)

Stock Price

786 Invest Ltd / Nov 1

786 Investments Limited(786)

5

▲ 0.00 (0.00%)

AL-Abbas Sugar / Nov 1

Al-Abbas Sugar Mills Limited(AABS)

585

▲ 0.00 (0.00%)

Agro Allianz / Nov 1

Agro Allianz Limited(AAL)

16

▲ 0.00 (0.00%)

AL-Abid Silk / Nov 1

Al-Abid Silk Mills Limited(AASM)

3.49

▲ 0.00 (0.00%)

Ali Asghar / Nov 1

Ali Asghar Textile Mills Limited(AATM)

2.07

▲ 0.00 (0.00%)

Allied Bank / Nov 1

Allied Bank Limited(ABL)

87.10

▲ 0.00 (0.00%)

Abbott Lab. / Nov 1

Abbott Laboratories (Pakistan) Limited(ABOT)

499.34

▲ 0.00 (0.00%)

Abson Ind. / Nov 1

Abson Industries Limited(ABSON)

2.50

▲ 0.00 (0.00%)

Alfalah ETF. / Nov 1

Alfalah Consumer Index ETF.(ACIETF)

9.84

▲ 0.00 (0.00%)

Stock Volume

P.I.A.C.(A) / Nov 1

Pakistan International Airlines Corp(PIAA)

47,200,500

▲ 0.00

Cnergyico PK / Nov 1

Cnergyico PK Limited(CNERGY)

29,719,327

▲ 0.00

Pak Petroleum / Nov 1

Pakistan Petroleum Limited(PPL)

21,170,581

▲ 0.00

Pak Refinery / Nov 1

Pakistan Refinery Limited(PRL)

16,965,134

▲ 0.00

The Searle Co. / Nov 1

The Searle Company Limited(SEARL)

15,793,227

▲ 0.00

P.T.C.L. / Nov 1

Pakistan Telecommunication Company Ltd(PTC)

15,054,641

▲ 0.00

K-Electric Ltd. / Nov 1

K-Electric Limited(KEL)

14,145,556

▲ 0.00

WorldCall Telecom / Nov 1

Worldcall Telecom Limited(WTL)

13,158,668

▲ 0.00

Telecard Limited / Nov 1

Telecard Limited(TELE)

12,358,668

▲ 0.00

Markets →

Most Popular

Today

Yesterday

Past 3 Days

Negotiations with IPPs: Nepra voices concerns about ‘key’ factors

NJLI Sarmaya Growth Fund Rates

PIA privatisation: Blue World City refuses to match PC’s ‘minimum expectation’ of Rs85.03bn, sticks to Rs10bn offer

Captive power plants’ dilemma

Registered persons’ data, profiles: Taxmen granted real-time access for assessment

UBL submits merger offer to Silkbank

Trouble in textile: Janana De Malucho shuts operations amid rising costs, cotton shortage

Gold price per tola decreases Rs2,500 in Pakistan

56 cities: Values of immovable properties revised upward by FBR

PIA privatisation: Blue World City refuses to match PC’s ‘minimum expectation’ of Rs85.03bn, sticks to Rs10bn offer

HUBCO plans to install EV charging network across Pakistan

NJLI Sarmaya Growth Fund Rates

Aramco launches its first fuel station in Pakistan

LSM negativity falls to 0.19pc: C/A surplus drops to $98m in Q1

56 cities: Values of immovable properties revised upward by FBR

First consignment of tractors reaches Tanzania

Who truly own the IPPs?

Real estate developer Blue World City cleared to bid for PIA, company chairman says

PIA privatisation: Blue World City refuses to match PC’s ‘minimum expectation’ of Rs85.03bn, sticks to Rs10bn offer

Aramco launches its first fuel station in Pakistan

NJLI Sarmaya Growth Fund Rates

56 cities: Values of immovable properties revised upward by FBR

Deals with IPPs: Govt faces backlash from foreign govts

Real estate developer Blue World City cleared to bid for PIA, company chairman says

Solar showdown: the untold power play behind Pakistan’s energy revolution—I

HUBCO plans to install EV charging network across Pakistan

Power generation: Rethink rooftop solar. Now!

Bullion Rate

Cotton

Currency

Exchange

Capital Growth

Libor

Mutual Funds

Kerb

Vegetable Oil

Grain

Fipi

Lipi

MTS Open Position

MFS Open Position

Kibor Rates

Libor Rates

PKRV Rates

NPB Rates

TFC Rates

UIN Wise Settlement

Future Open Interest

Karachi Bullion Rates

PMEX Rates

• Contact Us

• Terms & Conditions

• Privacy Policy

• Disclaimer

• Media Kit

• BR Markets

• Aaj TV

• Aaj English

• Aaj Entertainment

• Articles & Letters

• Market Rates

• Cotton & Textiles

• Taxation

• Fuel & Energy

• Industries & Sectors

• Money & Banking

• Tenders & Inquiries

• Yarn Prices

• Paper

• Grains

• Pakistan

• World

• Sports

• Technology

2024 © Business Recorder. All Rights Reserved.