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Print - 2012-07-18
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (July 17, 2012).

Published 18 Jul, 2012 12:00am
Banking court judge

Banking court judge

Chief Justice Sindh High Court on Tuesday ordered Hafiza Usman, District and Sessions Judge (BS-21) to join her new assignment as Judge Banking Court-II, Karachi with immediate effect.
Published 18 Jul, 2012 12:00am
Thousands attend JI's anti-Nato rally

Thousands attend JI's anti-Nato rally

Thousands of activists shouted "death to America" on Tuesday at the latest rally protesting the lifting of a seven-month blockade on Nato supplies into Afghanistan. The march was organised by the Jamaat-e-Islami (JI).
Published 18 Jul, 2012 12:00am
District courts in Lahore: LHC examines record of decided cases

District courts in Lahore: LHC examines record of decided cases

The Lahore High Court here on Tuesday inspected district courts in Lahore and examined record of decided cases. Justice Sagheer Ahmed Qadir was accompanied by member of inspection team Abdul Sattar and other officers of the High Court. During the inspect
Published 18 Jul, 2012 12:00am
THE RUPEE: dollar struggles

THE RUPEE: dollar struggles

Taking a knock from the recent disappointing US data, the US dollar fell against major currencies, of late, as market expects a possibility for a third round of quantitative easing by the Federal Reserve.
Published 18 Jul, 2012 12:00am
Bourses' demutualization to be completed by September: SECP chief

Bourses' demutualization to be completed by September: SECP chief

Securities and Exchange Commission of Pakistan (SECP) Chairman Mohammad Ali said Tuesday that the process of demutualization of stock exchanges would be completed by September, 2012 and the SECP has conveyed to the stock exchanges to improve their interna
Published 18 Jul, 2012 12:00am
THE RUPEE: dollar struggles

THE RUPEE: dollar struggles

Taking a knock from the recent disappointing US data, the US dollar fell against major currencies, of late, as market expects a possibility for a third round of quantitative easing by the Federal Reserve.
Published 18 Jul, 2012 12:00am
Talks on dual nationality bill after Eid

Talks on dual nationality bill after Eid

Senate Standing Committee on Law, Justice and Parliamentary Affairs will take-up dual nationality bill after Eid-ul-Fitr for discussion. Chairman Standing Committee on Law, Justice and Parliamentary Affairs Muhammad Kazim Khan told Business Recorder </
Published 18 Jul, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Tuesday (July 17, 2012).

Published 18 Jul, 2012 12:00am
Talks on dual nationality bill after Eid

Talks on dual nationality bill after Eid

Senate Standing Committee on Law, Justice and Parliamentary Affairs will take-up dual nationality bill after Eid-ul-Fitr for discussion. Chairman Standing Committee on Law, Justice and Parliamentary Affairs Muhammad Kazim Khan told Business Recorder </
Published 18 Jul, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Tuesday (July 17, 2012).

Published 18 Jul, 2012 12:00am
Talks on dual nationality bill after Eid

Talks on dual nationality bill after Eid

Senate Standing Committee on Law, Justice and Parliamentary Affairs will take-up dual nationality bill after Eid-ul-Fitr for discussion. Chairman Standing Committee on Law, Justice and Parliamentary Affairs Muhammad Kazim Khan told Business Recorder </
Published 18 Jul, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Tuesday (July 17, 2012).

Published 18 Jul, 2012 12:00am
Tax payment deadline extended

Tax payment deadline extended

The Federal Board of Revenue has extended the date of payment of taxes/duty and filing of sales tax/federal excise returns up to 25th July, 2012 for the tax period of June, 2012 for all registered persons. In this connection, the FBR has referred to C.NO
Published 18 Jul, 2012 12:00am
Tax payment deadline extended

Tax payment deadline extended

The Federal Board of Revenue has extended the date of payment of taxes/duty and filing of sales tax/federal excise returns up to 25th July, 2012 for the tax period of June, 2012 for all registered persons. In this connection, the FBR has referred to C.NO
Published 18 Jul, 2012 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (July 17, 2012).

Published 18 Jul, 2012 12:00am
Tax payment deadline extended

Tax payment deadline extended

The Federal Board of Revenue has extended the date of payment of taxes/duty and filing of sales tax/federal excise returns up to 25th July, 2012 for the tax period of June, 2012 for all registered persons. In this connection, the FBR has referred to C.NO
Published 18 Jul, 2012 12:00am
Strategic dialogue: Khar, Wynne likely to visit US

Strategic dialogue: Khar, Wynne likely to visit US

Foreign Minister Hina Rabbani Khar and Chairman of the Joint Chiefs of Staff Committee (CJCSC) General Khalid Shamim Wynne are likely to visit Washington to take part in Pakistan-US strategic dialogue, sources said. Dates for the event are yet to be final
Published 18 Jul, 2012 12:00am
Strategic dialogue: Khar, Wynne likely to visit US

Strategic dialogue: Khar, Wynne likely to visit US

Foreign Minister Hina Rabbani Khar and Chairman of the Joint Chiefs of Staff Committee (CJCSC) General Khalid Shamim Wynne are likely to visit Washington to take part in Pakistan-US strategic dialogue, sources said. Dates for the event are yet to be final
Published 18 Jul, 2012 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 18 Jul, 2012 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 18 Jul, 2012 12:00am
PSM seeks Rs 21 billion bailout package

PSM seeks Rs 21 billion bailout package

Pakistan Steel which is buried deep under debts and has shown no signs of recovery over the past many years is looking for further financial assistance The Board of Directors, which met here on July 16, reportedly decided to approach the cabinet to pump-
Published 18 Jul, 2012 12:00am
PSM seeks Rs 21 billion bailout package

PSM seeks Rs 21 billion bailout package

Pakistan Steel which is buried deep under debts and has shown no signs of recovery over the past many years is looking for further financial assistance The Board of Directors, which met here on July 16, reportedly decided to approach the cabinet to pump-
Published 18 Jul, 2012 12:00am
PSM seeks Rs 21 billion bailout package

PSM seeks Rs 21 billion bailout package

Pakistan Steel which is buried deep under debts and has shown no signs of recovery over the past many years is looking for further financial assistance The Board of Directors, which met here on July 16, reportedly decided to approach the cabinet to pump-
Published 18 Jul, 2012 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 18 Jul, 2012 12:00am
Mumbai attack case: ATC rejects Indian officials' statements

Mumbai attack case: ATC rejects Indian officials' statements

An Anti-Terrorism Court (ATC) on Tuesday rejected the statements of four Indian officials made part of a Judicial Commission report regarding Mumbai attack case. In his order, the ATC Judge, Chaudhry Habib-ur-Rehman, said that all the proceedings and the
Published 18 Jul, 2012 12:00am
Mumbai attack case: ATC rejects Indian officials' statements

Mumbai attack case: ATC rejects Indian officials' statements

An Anti-Terrorism Court (ATC) on Tuesday rejected the statements of four Indian officials made part of a Judicial Commission report regarding Mumbai attack case. In his order, the ATC Judge, Chaudhry Habib-ur-Rehman, said that all the proceedings and the
Published 18 Jul, 2012 12:00am
Iraq warns Turkey

Iraq warns Turkey

Iraq's government on Tuesday warned Ankara against "any violations" of its territory and airspace, and instructed the foreign ministry to register a complaint at the UN Security Council. "We are warning Turkey against any violations or breakdowns of the a
Published 18 Jul, 2012 12:00am
Iraq warns Turkey

Iraq warns Turkey

Iraq's government on Tuesday warned Ankara against "any violations" of its territory and airspace, and instructed the foreign ministry to register a complaint at the UN Security Council. "We are warning Turkey against any violations or breakdowns of the a
Published 18 Jul, 2012 12:00am
India''s Jindal Steel quits Bolivian mining deal

India''s Jindal Steel quits Bolivian mining deal

India''s Jindal Steel and Power scrapped plans Tuesday to invest $2.1 billion in a Bolivian mining project and blamed the South American nation''s "non-friendly business attitude" for the deal''s collapse.
Published 18 Jul, 2012 12:00am
India's Jindal Steel quits Bolivian mining deal

India's Jindal Steel quits Bolivian mining deal

India's Jindal Steel and Power scrapped plans Tuesday to invest $2.1 billion in a Bolivian mining project and blamed the South American nation's "non-friendly business attitude" for the deal's collapse.
Published 18 Jul, 2012 12:00am
India's Jindal Steel quits Bolivian mining deal

India's Jindal Steel quits Bolivian mining deal

India's Jindal Steel and Power scrapped plans Tuesday to invest $2.1 billion in a Bolivian mining project and blamed the South American nation's "non-friendly business attitude" for the deal's collapse.
Published 18 Jul, 2012 12:00am
ISE index improves by 9.22 points

ISE index improves by 9.22 points

Equities moved both ways at 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 09.22 points as the ISE Ten Index moved from 2,881.93
Published 18 Jul, 2012 12:00am
ISE index improves by 9.22 points

ISE index improves by 9.22 points

Equities moved both ways at 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 09.22 points as the ISE Ten Index moved from 2,881.93
Published 18 Jul, 2012 12:00am
LSE index surges by 23.68 points

LSE index surges by 23.68 points

Bullish sentiments dominated on the Lahore Stock Exchange on Tuesday and the equities maintained upward slide amid improved trading turnover due to fresh buying in select scrips. The LSE-25 index gained 23.68 points and was closed at 3650.23 against 3626.
Published 18 Jul, 2012 12:00am
LSE index surges by 23.68 points

LSE index surges by 23.68 points

Bullish sentiments dominated on the Lahore Stock Exchange on Tuesday and the equities maintained upward slide amid improved trading turnover due to fresh buying in select scrips. The LSE-25 index gained 23.68 points and was closed at 3650.23 against 3626.
Published 18 Jul, 2012 12:00am
BRIndex30 up by 74.98 points

BRIndex30 up by 74.98 points

On Tuesday, BRIndex30 opened at 10,334.5 and remained positive throughout the trading session. It touched an intraday high of 10,435.16 and an intraday low of 10,357.35 and closed at 10,409.48 which was 74.98 points or 0.73 percent higher than previous cl
Published 18 Jul, 2012 12:00am
BRIndex30 up by 74.98 points

BRIndex30 up by 74.98 points

On Tuesday, BRIndex30 opened at 10,334.5 and remained positive throughout the trading session. It touched an intraday high of 10,435.16 and an intraday low of 10,357.35 and closed at 10,409.48 which was 74.98 points or 0.73 percent higher than previous cl
Published 18 Jul, 2012 12:00am
Index gains 60.7 points

Index gains 60.7 points

A bullish trend continued on the Karachi share market on Tuesday and the KSE-100 index gained another 60.7 points to close at 14,445.28 points. Although the index briefly visited negative zone at 14,373.66 points intra-day high level, however reviving in
Published 18 Jul, 2012 12:00am
Index gains 60.7 points

Index gains 60.7 points

A bullish trend continued on the Karachi share market on Tuesday and the KSE-100 index gained another 60.7 points to close at 14,445.28 points. Although the index briefly visited negative zone at 14,373.66 points intra-day high level, however reviving in
Published 18 Jul, 2012 12:00am
Index gains 60.7 points

Index gains 60.7 points

A bullish trend continued on the Karachi share market on Tuesday and the KSE-100 index gained another 60.7 points to close at 14,445.28 points. Although the index briefly visited negative zone at 14,373.66 points intra-day high level, however reviving in
Published 18 Jul, 2012 12:00am
FY12 C/A target missed

FY12 C/A target missed

The country has missed the target of current account balance as a deficit of 2 percent of Gross Domestic Product (GDP) has been registered during fiscal year 2011-12 (FY12) against a target of 0.6 percent.
Published 18 Jul, 2012 12:00am
FY12 C/A target missed

FY12 C/A target missed

The country has missed the target of current account balance as a deficit of 2 percent of Gross Domestic Product (GDP) has been registered during fiscal year 2011-12 (FY12) against a target of 0.6 percent.
Published 18 Jul, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Tuesday (July 17, 2012).

Published 18 Jul, 2012 12:00am
FY12 C/A target missed

FY12 C/A target missed

The country has missed the target of current account balance as a deficit of 2 percent of Gross Domestic Product (GDP) has been registered during fiscal year 2011-12 (FY12) against a target of 0.6 percent.
Published 18 Jul, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Tuesday (July 17, 2012).

Published 18 Jul, 2012 12:00am
UN doctor, driver shot in Karachi

UN doctor, driver shot in Karachi

Gunmen opened fire on a UN vehicle here on Tuesday, wounding a foreign doctor working on a polio immunisation campaign and a local driver, officials said. The shooting, which happened in Soharb Goth, highlighted resistance to a widely publicised three-day
Published 18 Jul, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Tuesday (July 17, 2012).

Published 18 Jul, 2012 12:00am
UN doctor, driver shot in Karachi

UN doctor, driver shot in Karachi

Gunmen opened fire on a UN vehicle here on Tuesday, wounding a foreign doctor working on a polio immunisation campaign and a local driver, officials said. The shooting, which happened in Soharb Goth, highlighted resistance to a widely publicised three-day
Published 18 Jul, 2012 12:00am
Pakistan, India to hold talks on streamlining CBMs

Pakistan, India to hold talks on streamlining CBMs

Senior officials of Pakistan and India will meet on July 19 (Thursday) here to review confidence-building measures (CBMs) and to streamline them and propose new ones, facilitating travel and trade across the Line of Control (LoC).
Published 18 Jul, 2012 12:00am
Pakistan, India to hold talks on streamlining CBMs

Pakistan, India to hold talks on streamlining CBMs

Senior officials of Pakistan and India will meet on July 19 (Thursday) here to review confidence-building measures (CBMs) and to streamline them and propose new ones, facilitating travel and trade across the Line of Control (LoC).
Published 18 Jul, 2012 12:00am
Pakistan, India to hold talks on streamlining CBMs

Pakistan, India to hold talks on streamlining CBMs

Senior officials of Pakistan and India will meet on July 19 (Thursday) here to review confidence-building measures (CBMs) and to streamline them and propose new ones, facilitating travel and trade across the Line of Control (LoC).
Published 18 Jul, 2012 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Tuesday (July 17, 2012).

Published 18 Jul, 2012 12:00am
Energy situation steadily improving: Prime Minister

Energy situation steadily improving: Prime Minister

A meeting of some federal ministers and the PPP senior leadership was held at Aiwan-e-Sadr on Tuesday night at the Presidency with President Asif Ali Zardari and Prime Minister Raja Pervez Ashraf in the chair.
Published 18 Jul, 2012 12:00am
Energy situation steadily improving: Prime Minister

Energy situation steadily improving: Prime Minister

A meeting of some federal ministers and the PPP senior leadership was held at Aiwan-e-Sadr on Tuesday night at the Presidency with President Asif Ali Zardari and Prime Minister Raja Pervez Ashraf in the chair.
Published 18 Jul, 2012 12:00am
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