News Archives for Print - 2012-07-19 - Business Recorder

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Print - 2012-07-19

Benazir-Muawinat Cards: disbursement of Zakat allowances to begin from August 1

Benazir-Muawinat Cards: disbursement of Zakat allowances to begin from August 1

More than 80,000 Zakat beneficiaries of Sindh would get various zakat allowances through newly introduced "Benazir-Muawinat-Cards" from the August 1st 2012, Business Recorder learnt here on Wednesday.

Published 19 Jul, 2012 12:00am

Four given extension: PHC add'l judges approved by President

Four given extension: PHC add'l judges approved by President

President Asif Ali Zardari on the advice of the Prime Minister approved extension in tenure of four Additional judges and appointment of another four Additional judges of Peshawar High Court (PHC) here on Wednesday.

Published 19 Jul, 2012 12:00am

Yuan slightly up

Yuan slightly up

The yuan firmed mildly against the dollar on Wednesday as the central bank continued to nudge the official midpoint upwards as the dollar index flattened out. The central bank set the official midpoint at 6.3140 per dollar, following its custom of moving

Published 19 Jul, 2012 12:00am

Yen gains in Asia

Yen gains in Asia

The yen rose against its major counterparts in Asia on Wednesday as investors' appetite for risk faded ahead of an address later in the session by Federal Reserve Chairman Ben Bernanke, a day after he flustered markets with mixed signals.

Published 19 Jul, 2012 12:00am

Euro slides broadly

Euro slides broadly

The euro fell broadly on Wednesday after a media report that German Chancellor Angela Merkel said she could not be sure the European project would work spooked investors already cautious about the outlook for the common currency. Although Merkel went on t

Published 19 Jul, 2012 12:00am

Early trade in New York: euro falls across the board

Early trade in New York: euro falls across the board

The euro fell broadly on Wednesday after a media report cited comments from German Chancellor Angela Merkel that raised concerns about the future of the euro zone, which rattled investors already cautious about the outlook for the common currency.

Published 19 Jul, 2012 12:00am

Dollar seesaws in New York

Dollar seesaws in New York

The dollar swung between gains and losses on Tuesday in a volatile session as Federal Reserve Chairman Ben Bernanke offered few hints that the US central bank was ready to offer more stimulus, although he said the Fed is prepared to boost a slowing US eco

Published 19 Jul, 2012 12:00am

Bangladesh's inter bank forex and interest rates

Bangladesh's inter bank forex and interest rates

Inter bank buy/sell rates for the taka against the dollar on Wednesday. 81.75-81.77 (previous 81.75-81.77).

Published 19 Jul, 2012 12:00am

Indian rupee weakens

Indian rupee weakens

The Indian rupee weakened to its lowest level this week on Wednesday, tracking losses in the euro after a media report quoted German Chancellor Angela Merkel as expressing doubts on the success of the European project.

Published 19 Jul, 2012 12:00am

Most emerging Asian currencies up

Most emerging Asian currencies up

Comments by Federal Reserve chairman Ben Bernanke helped lift most emerging Asian currencies on Wednesday, but gains were kept small by the lack of specifics on how the US might ease monetary policy. The South Korean won, on a roller-coaster day that incl

Published 19 Jul, 2012 12:00am

Sterling hits new peak versus euro

Sterling hits new peak versus euro

The UK pound rose to its highest in 3-1/2 years against the euro on Wednesday after reporting of comments from German Chancellor Angela Merkel on the euro project spooked investors and encouraged them to sell the euro for safer alternatives.

Published 19 Jul, 2012 12:00am

Worst drought in five decades ravages US

Worst drought in five decades ravages US

Weather forecasters see no end in sight to the worst US drought in five decades, a blistering heatwave that has wilted crops across America's crucial breadbasket and sent grain prices soaring.

Published 19 Jul, 2012 12:00am

Yemen uncovers, arrests Iranian-led spy ring

Yemen uncovers, arrests Iranian-led spy ring

Yemen has arrested members of a spy ring that was led by a former commander in Iran's Revolutionary Guard, the state SABA news agency said on Wednesday, as the country's president told Tehran to butt out of its internal affairs.

Published 19 Jul, 2012 12:00am

South Africa celebrates Mandela's birthday

South Africa celebrates Mandela's birthday

South Africa's schoolchildren sang happy birthday to anti-apartheid hero Nelson Mandela who turned 94 on Wednesday, joining in the global praise for the much-loved statesman.

Published 19 Jul, 2012 12:00am

24 perish in Zanzibar ferry sinking

24 perish in Zanzibar ferry sinking

At least 24 people, including two Europeans, perished and many more remain missing after a ferry capsized off the coast of Zanzibar on Wednesday, government officials said.

Published 19 Jul, 2012 12:00am

UK Library unveils online collaboration with Qatar

UK Library unveils online collaboration with Qatar

More than half a million pages of historic documents detailing Arabic history and culture are to be made available online for the first time, as part of the British Library's plans to make its content more accessible.

Published 19 Jul, 2012 12:00am

'We can't deliver justice': Karzai

'We can't deliver justice': Karzai

Afghan President Hamid Karzai on Wednesday admitted his Western-backed administration was unable to deliver justice to the people, despite decade-long international efforts to rebuild the war-torn nation. Led by the United States, the international commun

Published 19 Jul, 2012 12:00am

World's most wanted Nazi criminal held

World's most wanted Nazi criminal held

Hungarian authorities detained, grilled and put under house arrest on Wednesday a 97-year-old who tops the Simon Wiesenthal Center's dwindling wanted list of surviving suspected Nazi war criminals. Laszlo Csatary, accused by the Wiesenthal Center of organ

Published 19 Jul, 2012 12:00am

Erdogan discusses Syria with Putin

Erdogan discusses Syria with Putin

Russian President Vladimir Putin on Wednesday met Turkish Prime Minister Recep Tayyip Erdogan in a bid to narrow the differences between Ankara and Moscow on the Syria conflict amid surging violence.

Published 19 Jul, 2012 12:00am

Obama, Putin fail to agree on Syria

Obama, Putin fail to agree on Syria

Russian leader Vladimir Putin and US President Barack Obama were unable to resolve their differences on Syria in a phone talk Wednesday following a Damascus bomb attack, the Kremlin said. "Differences in approaches remain that concern practical steps in a

Published 19 Jul, 2012 12:00am

Interpol unveils fake goods scanning app

Interpol unveils fake goods scanning app

Global policing body Interpol announced Tuesday a pioneering initiative to crack down on trade in fake goods, using an app developed with the help of search giant Google. The Interpol Global Register (IGR), announced at a Google conference outside Los Ang

Published 19 Jul, 2012 12:00am

Rare spiral galaxy in early Universe founded

Rare spiral galaxy in early Universe founded

Astronomers said Wednesday they had stumbled upon an astonishing spiral galaxy that was born nearly 11 billion years ago, a finding that could spur a rethink of how galaxies formed after the Big Bang. Dubbed BX442, the ancient star cluster was discovered

Published 19 Jul, 2012 12:00am

US, Britain warn Iran on blocking Strait of Hormuz

US, Britain warn Iran on blocking Strait of Hormuz

The United States and Britain will not tolerate Iranian attempts to block the strategically important Strait of Hormuz, defence chiefs from the two Western powers said Wednesday. US Defence Secretary Leon Panetta and his counterpart Philip Hammond spoke a

Published 19 Jul, 2012 12:00am

German envoy meets Hoti

German envoy meets Hoti

Chief Minister Khyber Pakhtunkhwa Ameer Haidar Khan Hoti has said that promotion of education is the only way out to confronting challenges and current situation. He said that his government has already allocated 4 per cent of the provincial GDP to educat

Published 19 Jul, 2012 12:00am

Pak-Iran bilateral co-operation in oil, gas sectors discussed

Pak-Iran bilateral co-operation in oil, gas sectors discussed

A meeting of Pakistan - Iran Joint Committee on Oil, Gas and Energy was held on July 17 & 18, at Islamabad to discuss bilateral co-operation in oil and gas sectors. The Iranian team was headed by Dr Ahmad Khalidi, Deputy Minister for Internal Affairs to M

Published 19 Jul, 2012 12:00am

FUUAST teachers seek appointment of new vice chancellor

FUUAST teachers seek appointment of new vice chancellor

Teachers of Federal Urdu University of Science, Arts and Technology (FUUAST) have demanded the appointment of new Vice Chancellor of the varsity as per recommendations of the search committee. Seema Naz, the university's Senate member said during a press

Published 19 Jul, 2012 12:00am

Polio drive: 'full security to be provided to WHO team'

Polio drive: 'full security to be provided to WHO team'

A 4-member delegation of World Health Organisation (WHO) led by GIDO, the country representative of WHO on Wednesday called on Chief Minister Sindh Syed Qaim Ali Shah at C.M. House. Member National Task Force for Polio Dr Madam Azra Fazal Pechuho, Princip

Published 19 Jul, 2012 12:00am

'Lagay Raho Munna Bhai': Supreme Court asks government to suspend Asghar's appointment

'Lagay Raho Munna Bhai': Supreme Court asks government to suspend Asghar's appointment

The Supreme Court on Wednesday asked the government to suspend the appointment of Hussain Asghar, IGP Gilgit-Baltistan, over non-compliance of court orders. Hussain Asghar, the lead investigator in the Hajj corruption scam, was transferred and appointed a

Published 19 Jul, 2012 12:00am

No plan of General Wynne to visit USA

No plan of General Wynne to visit USA

A spokesman of Inter Services Public Relations (ISPR) on Wednesday said that as of now, there is no plan of Chairman Joint Chiefs of Staff Committee (CJCSC) Gen. Khalid Shamim Wynne to visit USA. As and when it happens, it will be a bilateral visit and no

Published 19 Jul, 2012 12:00am

Switzerland celebrates 721st National Day

Switzerland celebrates 721st National Day

"Quality is our maxim and innovation is our objective", Swiss Consul General Didier Boschung said this at a reception hosted by him to celebrate the 721st National Day of Switzerland at hotel Sheraton in Karachi.

Published 19 Jul, 2012 12:00am

Row over dues continues to hit Nato supply plans

Row over dues continues to hit Nato supply plans

The row over dues between truckers and Nato contractors continues, as the 48-hour deadline set by the good suppliers for payment of the dues ended on Wednesday. Sources say that the transporters are firmed to keep their 1581 trucks loaded with Nato goods

Published 19 Jul, 2012 12:00am

Dawn of a new era: Pakistan-China joint chambers inaugurated

Dawn of a new era: Pakistan-China joint chambers inaugurated

The recently inaugurated Pakistan-China Joint Chamber of Commerce & Industry marks the beginning of new possibilities and opportunities for both countries. Economic and financial pundits agree that two countries are better suited for bilateral growth than

Published 19 Jul, 2012 12:00am

Crops in Sanghar washed away by canal breach

Crops in Sanghar washed away by canal breach

Standing crops of rice and cotton on 400 acres of land were washed away in Sanghar district due to a breach in Jumrao Canal RD 164-165 owing to the negligence of Irrigation department's officials here on Wednesday. Sources in Irrigation department told <i

Published 19 Jul, 2012 12:00am

President approves appointment of Niaz Khan as FPSC member

President approves appointment of Niaz Khan as FPSC member

President Asif Ali Zardari on the advice of Prime Minister Raja Pervez Ashraf on Wednesday approved appointment of Major General Niaz Muhammad Khan Khattak (Retd) as Member Federal Public Service Commission.

Published 19 Jul, 2012 12:00am

Ramazan-specific items witness unprecedented hike

Ramazan-specific items witness unprecedented hike

The prices of Ramazan-specific items including fruits, besan, yogurt and dates have witnessed an unprecedented hike, revealed a survey conducted by Business Recorder here on Wednesday. The survey noted that the prices of different fruits including

Published 19 Jul, 2012 12:00am

Notification issued to appoint judges to special courts: government tells Supreme Court

Notification issued to appoint judges to special courts: government tells Supreme Court

The Supreme Court was informed on Wednesday that the federal government had issued a notification to fill vacant posts of judges in all special courts. A three-member bench, comprising Chief Justice Iftikhar Muhammad Chaudhry, Justice Jawwad S Khwaja and

Published 19 Jul, 2012 12:00am

Parliament Lodges' residents: most lawmakers reluctant to provide data

Parliament Lodges' residents: most lawmakers reluctant to provide data

Most parliamentarians have not filed a prescribed form circulated by the Capital Development Authority (CDA) a month ago aimed at collecting information about everyone, including staff, residing in the Parliament Lodges. The initiative was taken to eject

Published 19 Jul, 2012 12:00am

IHC orders government to appoint president of ZTBL soon

IHC orders government to appoint president of ZTBL soon

The Islamabad High Court (IHC) on Wednesday directed the Federation, Secretary Finance to appoint a permanent President of Zarai Taraqiati Bank Limited (ZTBL) within a period of one month.

Published 19 Jul, 2012 12:00am

FBR, SRB sort out key issues: Joint audit of service providers in Sindh agreed

FBR, SRB sort out key issues: Joint audit of service providers in Sindh agreed

The Federal Board of Revenue and Sindh Revenue Board (SRB) mutually sorted out some key issues like input tax adjustment/audit of service providers here on Wednesday and agreed to jointly conduct audit of service providers in Sindh with the help of the ex

Published 19 Jul, 2012 12:00am

The Weather

The Weather

The weather report on Wednesday (July 18, 2012) and the forecast for Thursday (July 19, 2012).

Published 19 Jul, 2012 12:00am

MCB seeks branches in India

MCB seeks branches in India

Pakistan's richest man has applied to open Pakistani bank branches in India for the first time since partition 65 years ago, officials said Wednesday. The MCB Bank, Pakistan's largest by market capitalisation at $1.2 billion, is hoping to tap into the pot

Published 19 Jul, 2012 12:00am

Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (July 18, 2012).

Published 19 Jul, 2012 12:00am

Expected rains/floods: culture department takes measures to protect Mohenjo Daro

Expected rains/floods: culture department takes measures to protect Mohenjo Daro

Sindh Culture department has taken precautionary measures to protect Mohenjo Daro from any kind of damages in monsoon rains/floods. The department, which is the custodian of the world heritage site of Mohenjo Daro after the 18th Constitutional amendment,

Published 19 Jul, 2012 12:00am

Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (July 18, 2012).

Published 19 Jul, 2012 12:00am

Polio eradication programme opposed

Polio eradication programme opposed

Absence of electrical infrastructure in remote rural locations is prohibiting cold storage of polio vaccines, thereby, putting the future of more than 34 million children under age of five at stake. These vaccines are sensitive to heat which affects their

Published 19 Jul, 2012 12:00am

LME official prices

LME official prices

The following were Tuesday official prices.

Published 19 Jul, 2012 12:00am

Without stringent conditions: government urged to allow private sector to produce electricity

Without stringent conditions: government urged to allow private sector to produce electricity

The Attock Chamber of Commerce and Industry (ACCI) on Wednesday said government should take a bold step to resolve energy crisis by allowing private sector to produce electricity without stringent conditions so that economic downturn can be contained.

Published 19 Jul, 2012 12:00am

LME official prices

LME official prices

The following were Tuesday official prices.

Published 19 Jul, 2012 12:00am

11 more killed in different parts of Karachi

11 more killed in different parts of Karachi

The ongoing wave of violence intensified, as 11 more persons including a cop and a political activist were gunned down in different parts of the city here on Wednesday. According to police and rescue sources, an activist of Pakistan Sunni Tehreek Pakistan

Published 19 Jul, 2012 12:00am

Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (July 18, 2012).

Published 19 Jul, 2012 12:00am

Khar meets Asean Ambassadors

Khar meets Asean Ambassadors

Foreign Minister Hina Rabbani Khar met the Asean Ambassadors here on Wednesday. Foreign Minister Khar said that Pakistan attached great importance to its multifaceted relationship with the Asean countries with which that Asean it enjoyed strong historical

Published 19 Jul, 2012 12:00am

Poultry Rates

Poultry Rates

Wholesale poultry rates on Wednesday (July 18, 2012) and for Thursday (July 19, 2012).

Published 19 Jul, 2012 12:00am

KP to spend Rs 160 million on RARAA project

KP to spend Rs 160 million on RARAA project

Speaker, Khyber Pakhtunkhwa Assembly. Kiramatullah Khan has said that an amount of Rs 160 million will be spent under Rehabilitation of Afghan Refugees Affected Area (RARAA) on the cementing of streets demolished for laying gas pipeline.

Published 19 Jul, 2012 12:00am

Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (July 18, 2012).

Published 19 Jul, 2012 12:00am

NAB decides to authorise inquiry against IRS officials

NAB decides to authorise inquiry against IRS officials

The Executive Board of National Accountability Bureau (NAB) in its meeting held here on Wednesday with Chairman NAB Admiral Fasih Bokhari (Retd) in the chair decided to authorise an inquiry against officials of Inland Revenue Service, FBR, Karachi.

Published 19 Jul, 2012 12:00am

Lahore Paper Market Rates

Lahore Paper Market Rates

Paper market rates in rupees on Wednesday (July 18, 2012).

Published 19 Jul, 2012 12:00am

Website: Rehman takes notice of objectionable material

Website: Rehman takes notice of objectionable material

Senior Advisor to Prime Minister on Interior Rehman Malik on Wednesday directed Federal Investigation Agency (FIA) to take legal action against those who pasted objectionable material on Shia Website. Issuing directions, he warned all such elements to rem

Published 19 Jul, 2012 12:00am

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (July 18, 2012).

Published 19 Jul, 2012 12:00am

Resumption of cricket ties: president writes letter to Manmohan

Resumption of cricket ties: president writes letter to Manmohan

President Asif Ali Zardari wrote a letter to Indian Prime Minister Dr Manmohan Singh in which he expressed the hope that resumption of cricket matches between Pakistan and India would prove to be a formidable confidence building measure and a way forward

Published 19 Jul, 2012 12:00am

Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (July 18, 2012).

Published 19 Jul, 2012 12:00am

Global Undergraduate Programme: 200 students to leave for US next year

Global Undergraduate Programme: 200 students to leave for US next year

Acting deputy chief of the US mission Thomas Miller on Wednesday advised Pakistani students, going for studies in American educational institutions to play vital role in their country's prosperity. Thomas, who is also director of strategic communication a

Published 19 Jul, 2012 12:00am

Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (July 18, 2012).

Published 19 Jul, 2012 12:00am

One killed, two Rangers injured in blast

One killed, two Rangers injured in blast

A motorcyclist was killed when a bomb planted along Ali Shah Bokhari Road went off in the jurisdiction of Taimuria police station late Wednesday night. Five others including two Rangers personnel and a woman, sustained injuries.

Published 19 Jul, 2012 12:00am

Dollar's rate in interbank market

Dollar's rate in interbank market

Interbank closing rates for dollar on Wednesday (July 18, 2012).

Published 19 Jul, 2012 12:00am

North Korean leader takes top military rank

North Korean leader takes top military rank

North Korean leader Kim Jong-un was named marshal of the army, the country's top military rank, in a move that adds to his glittering array of titles and cements his power in the isolated and impoverished state that has a 1.2 million strong military.

Published 19 Jul, 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 Wednesday (July 18, 2012).

Published 19 Jul, 2012 12:00am

North Korean leader takes top military rank

North Korean leader takes top military rank

North Korean leader Kim Jong-un was named marshal of the army, the country's top military rank, in a move that adds to his glittering array of titles and cements his power in the isolated and impoverished state that has a 1.2 million strong military.

Published 19 Jul, 2012 12:00am

THE RUPEE: rates firm

THE RUPEE: rates firm

The rupee-dollar parity rate firmed on the local currency market on Wednesday in process of trading, money experts said.

Published 19 Jul, 2012 12:00am

GSP-Plus scheme''s benefits: Pakistan needs to comply with 27 conventions: official

GSP-Plus scheme''s benefits: Pakistan needs to comply with 27 conventions: official

Pakistan is unlikely to benefit from European Union''s (EU) Generalised System of Preferences (GSP) plus scheme until it complies with 27 mandatory international conventions to become eligible for duty access to EU market.

Published 19 Jul, 2012 12:00am

THE RUPEE: rates firm

THE RUPEE: rates firm

The rupee-dollar parity rate firmed on the local currency market on Wednesday in process of trading, money experts said.

Published 19 Jul, 2012 12:00am

GSP-Plus scheme's benefits: Pakistan needs to comply with 27 conventions: official

GSP-Plus scheme's benefits: Pakistan needs to comply with 27 conventions: official

Pakistan is unlikely to benefit from European Union's (EU) Generalised System of Preferences (GSP) plus scheme until it complies with 27 mandatory international conventions to become eligible for duty access to EU market.

Published 19 Jul, 2012 12:00am

Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (July 18, 2012).

Published 19 Jul, 2012 12:00am

GSP-Plus scheme's benefits: Pakistan needs to comply with 27 conventions: official

GSP-Plus scheme's benefits: Pakistan needs to comply with 27 conventions: official

Pakistan is unlikely to benefit from European Union's (EU) Generalised System of Preferences (GSP) plus scheme until it complies with 27 mandatory international conventions to become eligible for duty access to EU market.

Published 19 Jul, 2012 12:00am

Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (July 18, 2012).

Published 19 Jul, 2012 12:00am

NTN, CNIC condition: controversial SRO rescinded

NTN, CNIC condition: controversial SRO rescinded

The Federal Board of Revenue on Wednesday withdrew a major policy measure for documentation of economy by rescinding SRO821(I)/2011, giving free hand to importers, exporters and manufacturers for not disclosing the computerised national identity card numb

Published 19 Jul, 2012 12:00am

Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (July 18, 2012).

Published 19 Jul, 2012 12:00am

NTN, CNIC condition: controversial SRO rescinded

NTN, CNIC condition: controversial SRO rescinded

The Federal Board of Revenue on Wednesday withdrew a major policy measure for documentation of economy by rescinding SRO821(I)/2011, giving free hand to importers, exporters and manufacturers for not disclosing the computerised national identity card numb

Published 19 Jul, 2012 12:00am

Cross Transactions between Client to Client & Financial Institutions

Cross Transactions between Client to Client & Financial Institutions

The following were the cross transactions between client to client & financial institutions here on Wednesday (July 18, 2012).

Published 19 Jul, 2012 12:00am

NTN, CNIC condition: controversial SRO rescinded

NTN, CNIC condition: controversial SRO rescinded

The Federal Board of Revenue on Wednesday withdrew a major policy measure for documentation of economy by rescinding SRO821(I)/2011, giving free hand to importers, exporters and manufacturers for not disclosing the computerised national identity card numb

Published 19 Jul, 2012 12:00am

Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (July 18, 2012).

Published 19 Jul, 2012 12:00am

President and Prime Minister chair meeting on regional security

President and Prime Minister chair meeting on regional security

President Asif Ali Zardari and Prime Minister Raja Parvez Ashraf chaired a meeting here on Wednesday to discuss the regional security situation, a handout said.

Published 19 Jul, 2012 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Wednesday (July 18, 2012)

Published 19 Jul, 2012 12:00am

President and Prime Minister chair meeting on regional security

President and Prime Minister chair meeting on regional security

President Asif Ali Zardari and Prime Minister Raja Parvez Ashraf chaired a meeting here on Wednesday to discuss the regional security situation, a handout said.

Published 19 Jul, 2012 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Wednesday (July 18, 2012)

Published 19 Jul, 2012 12:00am

Zakat Nisab fixed at Rs 51,086

Zakat Nisab fixed at Rs 51,086

The Nisab for deduction of Zakat on bank accounts has been fixed at Rs51,086 by the federal government. Banking sources said this year the Nisab for the deduction of Zakat has been decreased by some 17 percent because of decline in gold and silver prices.

Published 19 Jul, 2012 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Wednesday (July 18, 2012)

Published 19 Jul, 2012 12:00am

Zakat Nisab fixed at Rs 51,086

Zakat Nisab fixed at Rs 51,086

The Nisab for deduction of Zakat on bank accounts has been fixed at Rs51,086 by the federal government. Banking sources said this year the Nisab for the deduction of Zakat has been decreased by some 17 percent because of decline in gold and silver prices.

Published 19 Jul, 2012 12:00am

BRIndex30 and BR Sectoral Indices

BRIndex30 and BR Sectoral Indices

BRIndex30 and BR Sectoral Indices on Wednesday (July 18, 2012).

Published 19 Jul, 2012 12:00am

Polio drive: North Waziristan tribe endorses Taliban ban

Polio drive: North Waziristan tribe endorses Taliban ban

Pakistani tribesmen endorsed a Taliban ban on polio vaccinations Wednesday, closing the door to the prospect of any child being vaccinated in North Waziristan as part of a nation-wide campaign. Officials had pinned their last hopes of inoculating children

Published 19 Jul, 2012 12:00am

Despatch of dividend warrants

Despatch of dividend warrants

Dates of despatch of dividend warrants and bonus share certificates.

Published 19 Jul, 2012 12:00am

Polio drive: North Waziristan tribe endorses Taliban ban

Polio drive: North Waziristan tribe endorses Taliban ban

Pakistani tribesmen endorsed a Taliban ban on polio vaccinations Wednesday, closing the door to the prospect of any child being vaccinated in North Waziristan as part of a nation-wide campaign. Officials had pinned their last hopes of inoculating children

Published 19 Jul, 2012 12:00am

BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 19 Jul, 2012 12:00am

Government set to re-elect Malik

Government set to re-elect Malik

The government has decided to re-elect the adviser to the prime minister on interior as senator just a few days after he quit his Senate seat, pleading that he resigned because people were saying that the dual nationality bill was aimed at saving his skin

Published 19 Jul, 2012 12:00am

Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 19 Jul, 2012 12:00am

Government set to re-elect Malik

Government set to re-elect Malik

The government has decided to re-elect the adviser to the prime minister on interior as senator just a few days after he quit his Senate seat, pleading that he resigned because people were saying that the dual nationality bill was aimed at saving his skin

Published 19 Jul, 2012 12:00am

Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 19 Jul, 2012 12:00am

USC package: delivery orders for supply of 50,000 tons of sugar issued

USC package: delivery orders for supply of 50,000 tons of sugar issued

Trading Cor-poration of Pakistan (TCP) has issued delivery orders for supply of 50,000 tons of sugar to Utility Stores Corporation (USC) to avert shortage during Ramazan.

Published 19 Jul, 2012 12:00am

Last date of renunciation/payment

Last date of renunciation/payment

Last dates of renunciation/payment.

Published 19 Jul, 2012 12:00am

USC package: delivery orders for supply of 50,000 tons of sugar issued

USC package: delivery orders for supply of 50,000 tons of sugar issued

Trading Cor-poration of Pakistan (TCP) has issued delivery orders for supply of 50,000 tons of sugar to Utility Stores Corporation (USC) to avert shortage during Ramazan.

Published 19 Jul, 2012 12:00am

Provisionally listed companies

Provisionally listed companies

Provisional companies listed in Karachi Stock Exchange.

Published 19 Jul, 2012 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Cotton US¢/pound / Nov 23	70.77
Petrol/Litre / Nov 24	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 24 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 24 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 24 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 24 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 24 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 24 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 24 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 24 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 24 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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