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Print - 2012-09-05
PML-N, MQM agree to carry forward dialogue process

PML-N, MQM agree to carry forward dialogue process

A Muttahida Qaumi Movement (MQM) delegation on Tuesday met Pakistan Muslim League-Nawaz (PML-N) leadership in a bid to forge "national unity" with a view to steering the county out of numerous crises.
Published 05 Sep, 2012 12:00am
PML-N, MQM agree to carry forward dialogue process

PML-N, MQM agree to carry forward dialogue process

A Muttahida Qaumi Movement (MQM) delegation on Tuesday met Pakistan Muslim League-Nawaz (PML-N) leadership in a bid to forge "national unity" with a view to steering the county out of numerous crises.
Published 05 Sep, 2012 12:00am
Pakistan, Germany commit to dialogue on security issues

Pakistan, Germany commit to dialogue on security issues

The foreign ministers of Germany and Pakistan signed an agreement Tuesday in which the two countries committed to a "strategic dialogue" on security issues, particularly regarding Afghanistan. The agreement, signed by Germany's Guido Westerwelle and Pakis
Published 05 Sep, 2012 12:00am
Pakistan, Germany commit to dialogue on security issues

Pakistan, Germany commit to dialogue on security issues

The foreign ministers of Germany and Pakistan signed an agreement Tuesday in which the two countries committed to a "strategic dialogue" on security issues, particularly regarding Afghanistan. The agreement, signed by Germany's Guido Westerwelle and Pakis
Published 05 Sep, 2012 12:00am
India, China to resume joint military exercises

India, China to resume joint military exercises

India and China announced Tuesday they would resume joint military exercises after a four-year gap, a move designed to build trust in the often prickly relationship between the world's two most populous nations. After Indian Defence Minister A.K. Antony h
Published 05 Sep, 2012 12:00am
India, China to resume joint military exercises

India, China to resume joint military exercises

India and China announced Tuesday they would resume joint military exercises after a four-year gap, a move designed to build trust in the often prickly relationship between the world's two most populous nations. After Indian Defence Minister A.K. Antony h
Published 05 Sep, 2012 12:00am
Currency swap arrangement with Turkey becomes operational

Currency swap arrangement with Turkey becomes operational

The three-year bilateral Currency Swap Arrangement (CSA) between the State Bank of Pakistan (SBP) and the Central Bank of Republic of Turkey (CBRT) amounting to $1 billion in equivalent local currencies is being implemented from Tuesday and SBP has issued
Published 05 Sep, 2012 12:00am
The Weather

The Weather

The weather report on Tuesday (September 04, 2012) and the forecast for Wednesday (September 05, 2012).

Published 05 Sep, 2012 12:00am
Currency swap arrangement with Turkey becomes operational

Currency swap arrangement with Turkey becomes operational

The three-year bilateral Currency Swap Arrangement (CSA) between the State Bank of Pakistan (SBP) and the Central Bank of Republic of Turkey (CBRT) amounting to $1 billion in equivalent local currencies is being implemented from Tuesday and SBP has issued
Published 05 Sep, 2012 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (September 04, 2012).

Published 05 Sep, 2012 12:00am
Currency swap arrangement with Turkey becomes operational

Currency swap arrangement with Turkey becomes operational

The three-year bilateral Currency Swap Arrangement (CSA) between the State Bank of Pakistan (SBP) and the Central Bank of Republic of Turkey (CBRT) amounting to $1 billion in equivalent local currencies is being implemented from Tuesday and SBP has issued
Published 05 Sep, 2012 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (September 04, 2012).

Published 05 Sep, 2012 12:00am
Imran sends defamation notice to Asif

Imran sends defamation notice to Asif

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has sent a legal notice to Khawaja Asif for defamation of character and allegations of misuse of Zakat funds by Shaukat Khanum Memorial Trust According to a PTI's spokesperson here on Tuesday, through his
Published 05 Sep, 2012 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 05 Sep, 2012 12:00am
Imran sends defamation notice to Asif

Imran sends defamation notice to Asif

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has sent a legal notice to Khawaja Asif for defamation of character and allegations of misuse of Zakat funds by Shaukat Khanum Memorial Trust According to a PTI's spokesperson here on Tuesday, through his
Published 05 Sep, 2012 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 05 Sep, 2012 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (September 04, 2012).

Published 05 Sep, 2012 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Tuesday (September 04, 2012) and for Wednesday (September 05, 2012).
Published 05 Sep, 2012 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (September 04, 2012).

Published 05 Sep, 2012 12:00am
Official speaks about discrepancy in Pak-China trade statistics

Official speaks about discrepancy in Pak-China trade statistics

Additional Secretary Revenue Division, Shahid Rahim Sheikh informed the business community on Tuesday that the actual value of China''s exports to Pakistan during 2011 was $8.4 billion whereas Pakistan imports stood at $6.4 billion, reflecting discrepancy
Published 05 Sep, 2012 12:00am
Official speaks about discrepancy in Pak-China trade statistics

Official speaks about discrepancy in Pak-China trade statistics

Additional Secretary Revenue Division, Shahid Rahim Sheikh informed the business community on Tuesday that the actual value of China's exports to Pakistan during 2011 was $8.4 billion whereas Pakistan imports stood at $6.4 billion, reflecting discrepancy
Published 05 Sep, 2012 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (September 04, 2012).

Published 05 Sep, 2012 12:00am
Official speaks about discrepancy in Pak-China trade statistics

Official speaks about discrepancy in Pak-China trade statistics

Additional Secretary Revenue Division, Shahid Rahim Sheikh informed the business community on Tuesday that the actual value of China's exports to Pakistan during 2011 was $8.4 billion whereas Pakistan imports stood at $6.4 billion, reflecting discrepancy
Published 05 Sep, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (September 04, 2012).

Published 05 Sep, 2012 12:00am
Iesco suspends power supply to Pakistan Secretariat

Iesco suspends power supply to Pakistan Secretariat

Islamabad Electric Supply Company (Iesco) on Tuesday switched off electricity of Pak Secretariat for several hours for not paying outstanding bills of Rs 173 million. However, electricity was restored after Capital Development Authority (CDA) handed over
Published 05 Sep, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (September 04, 2012).

Published 05 Sep, 2012 12:00am
Iesco suspends power supply to Pakistan Secretariat

Iesco suspends power supply to Pakistan Secretariat

Islamabad Electric Supply Company (Iesco) on Tuesday switched off electricity of Pak Secretariat for several hours for not paying outstanding bills of Rs 173 million. However, electricity was restored after Capital Development Authority (CDA) handed over
Published 05 Sep, 2012 12:00am
Iesco suspends power supply to Pakistan Secretariat

Iesco suspends power supply to Pakistan Secretariat

Islamabad Electric Supply Company (Iesco) on Tuesday switched off electricity of Pak Secretariat for several hours for not paying outstanding bills of Rs 173 million. However, electricity was restored after Capital Development Authority (CDA) handed over
Published 05 Sep, 2012 12:00am
THE RUPEE: mixed trend

THE RUPEE: mixed trend

The dollar managed to recover further ground against the rupee in the interbank market, it, however, did not depict any change versus the national currency in the open market on Tuesday, dealers said. The rupee extended its fall versus the dollar, sheddin
Published 05 Sep, 2012 12:00am
THE RUPEE: mixed trend

THE RUPEE: mixed trend

The dollar managed to recover further ground against the rupee in the interbank market, it, however, did not depict any change versus the national currency in the open market on Tuesday, dealers said. The rupee extended its fall versus the dollar, sheddin
Published 05 Sep, 2012 12:00am
85 paisa per unit hike in power tariff notified

85 paisa per unit hike in power tariff notified

National Electric Power Regulatory Authority (Nepra) has notified 85 paisa per unit increase in power tariff of Discos for July 2012 under the monthly fuel adjustment formula. This raise in tariff will be applicable to all categories of consumers in the b
Published 05 Sep, 2012 12:00am
85 paisa per unit hike in power tariff notified

85 paisa per unit hike in power tariff notified

National Electric Power Regulatory Authority (Nepra) has notified 85 paisa per unit increase in power tariff of Discos for July 2012 under the monthly fuel adjustment formula. This raise in tariff will be applicable to all categories of consumers in the b
Published 05 Sep, 2012 12:00am
85 paisa per unit hike in power tariff notified

85 paisa per unit hike in power tariff notified

National Electric Power Regulatory Authority (Nepra) has notified 85 paisa per unit increase in power tariff of Discos for July 2012 under the monthly fuel adjustment formula. This raise in tariff will be applicable to all categories of consumers in the b
Published 05 Sep, 2012 12:00am
Coalition partners haggling over amended draft: SLGO 2012 not issued

Coalition partners haggling over amended draft: SLGO 2012 not issued

The much-awaited Sindh Local Government Ordinance 2012 could not be issued till late Tuesday night as the coalition partners failed to finalise the amended draft. The legislators of both coalition partners - Pakistan People's Party (PPP) and Muttahida Qau
Published 05 Sep, 2012 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (September 04, 2012).

Published 05 Sep, 2012 12:00am
British Prime Minister reshuffles ailing government

British Prime Minister reshuffles ailing government

British Prime Minister David Cameron reshuffled his ailing coalition government on Tuesday, but unpopular finance minister George Osborne was expected to keep his job. In his first such move since the government came to power two years ago, Cameron is see
Published 05 Sep, 2012 12:00am
Companies raided as India's 'coalgate' scandal widens

Companies raided as India's 'coalgate' scandal widens

Federal law enforcement officials raided offices and homes in 10 cities across India on Tuesday as part of an investigation into irregularities in the award of coalfield concessions to private and state companies that has sparked a political crisis.
Published 05 Sep, 2012 12:00am
Bears dominate ISE proceedings

Bears dominate ISE proceedings

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index fell by 14.98 points as the ISE Ten Index moved from 3,150.37 to 3,135.39 poin
Published 05 Sep, 2012 12:00am
Bears dominate ISE proceedings

Bears dominate ISE proceedings

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index fell by 14.98 points as the ISE Ten Index moved from 3,150.37 to 3,135.39 poin
Published 05 Sep, 2012 12:00am
Mixed trend on LSE

Mixed trend on LSE

Mixed sentiments prevailed on the Lahore Stock Exchange on Tuesday where equities witnessed up and downward moves and finally ended in negative zone amid selling pressure. The LSE-25 index gained 6.61 points to close at 4048.77 against 4042.16 of Monday w
Published 05 Sep, 2012 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 05 Sep, 2012 12:00am
Mixed trend on LSE

Mixed trend on LSE

Mixed sentiments prevailed on the Lahore Stock Exchange on Tuesday where equities witnessed up and downward moves and finally ended in negative zone amid selling pressure. The LSE-25 index gained 6.61 points to close at 4048.77 against 4042.16 of Monday w
Published 05 Sep, 2012 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 05 Sep, 2012 12:00am
BRIndex30 slips 108.44 points

BRIndex30 slips 108.44 points

On Tuesday, BRIndex30 opened at 10,841.54. It touched an intraday high of 10,864.14 and an intraday low of 10,715.92 and closed at 10,733.10 which was -108.44 points or -1 percent lower than previous close. Total volume was 86,911,400, which was 47.5 perc
Published 05 Sep, 2012 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 05 Sep, 2012 12:00am
BRIndex30 slips 108.44 points

BRIndex30 slips 108.44 points

On Tuesday, BRIndex30 opened at 10,841.54. It touched an intraday high of 10,864.14 and an intraday low of 10,715.92 and closed at 10,733.10 which was -108.44 points or -1 percent lower than previous close. Total volume was 86,911,400, which was 47.5 perc
Published 05 Sep, 2012 12:00am
Index loses 40.36 points

Index loses 40.36 points

The investors on Tuesday opted for profit taking on available margins and the benchmark KSE-100 index lost 40.36 points to close at 15,388.13 points. During the session the market witnessed mixed trend with the index oscillating between 15,465.56 points i
Published 05 Sep, 2012 12:00am
Index loses 40.36 points

Index loses 40.36 points

The investors on Tuesday opted for profit taking on available margins and the benchmark KSE-100 index lost 40.36 points to close at 15,388.13 points. During the session the market witnessed mixed trend with the index oscillating between 15,465.56 points i
Published 05 Sep, 2012 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 05 Sep, 2012 12:00am
Index loses 40.36 points

Index loses 40.36 points

The investors on Tuesday opted for profit taking on available margins and the benchmark KSE-100 index lost 40.36 points to close at 15,388.13 points. During the session the market witnessed mixed trend with the index oscillating between 15,465.56 points i
Published 05 Sep, 2012 12:00am
Determination of power tariff: Nepra asked to dispose of pending cases

Determination of power tariff: Nepra asked to dispose of pending cases

Prime Minister Raja Pervez Ashraf has asked the National Electric Power Regulatory Authority (Nepra) to finalise fresh applications for determination of power tariff within 60 days and dispose of all pending cases within 45 days. Sources said the Board of
Published 05 Sep, 2012 12:00am
Determination of power tariff: Nepra asked to dispose of pending cases

Determination of power tariff: Nepra asked to dispose of pending cases

Prime Minister Raja Pervez Ashraf has asked the National Electric Power Regulatory Authority (Nepra) to finalise fresh applications for determination of power tariff within 60 days and dispose of all pending cases within 45 days. Sources said the Board of
Published 05 Sep, 2012 12:00am
Determination of power tariff: Nepra asked to dispose of pending cases

Determination of power tariff: Nepra asked to dispose of pending cases

Prime Minister Raja Pervez Ashraf has asked the National Electric Power Regulatory Authority (Nepra) to finalise fresh applications for determination of power tariff within 60 days and dispose of all pending cases within 45 days. Sources said the Board of
Published 05 Sep, 2012 12:00am
ECC approves deregularisation of diesel price

ECC approves deregularisation of diesel price

The Economic Co-ordination Committee (ECC) of the Cabinet has decided to make electricity statistics part of economic indicators for regular discussions and taking needed decisions to deal with the situation, it was learnt. Sources said that the decision
Published 05 Sep, 2012 12:00am
ECC approves deregularisation of diesel price

ECC approves deregularisation of diesel price

The Economic Co-ordination Committee (ECC) of the Cabinet has decided to make electricity statistics part of economic indicators for regular discussions and taking needed decisions to deal with the situation, it was learnt. Sources said that the decision
Published 05 Sep, 2012 12:00am
ECC approves deregularisation of diesel price

ECC approves deregularisation of diesel price

The Economic Co-ordination Committee (ECC) of the Cabinet has decided to make electricity statistics part of economic indicators for regular discussions and taking needed decisions to deal with the situation, it was learnt. Sources said that the decision
Published 05 Sep, 2012 12:00am
Auction for 3G licences yet to get response

Auction for 3G licences yet to get response

No international as well as national companies and consortia have shown any interest in response to an advertisement of the Pakistan Telecommunication Authority (PTA) seeking hiring of consultant to auction 3G spectrums, although only eight days are left
Published 05 Sep, 2012 12:00am
Auction for 3G licences yet to get response

Auction for 3G licences yet to get response

No international as well as national companies and consortia have shown any interest in response to an advertisement of the Pakistan Telecommunication Authority (PTA) seeking hiring of consultant to auction 3G spectrums, although only eight days are left
Published 05 Sep, 2012 12:00am