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Print - 2012-10-23
India signs MoU on LNG, E&P ventures

India signs MoU on LNG, E&P ventures

Indian Oil and Korea Gas Corporation (KOGAS) signed an MoU on joint participation in exploration and production of gas and oil at the global level and developing natural gas infrastructure projects and LNG sourcing. The MoU was signed by A K Marchanda, Ex
Published 23 Oct, 2012 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (October 22, 2012).

Published 23 Oct, 2012 12:00am
India signs MoU on LNG, E&P ventures

India signs MoU on LNG, E&P ventures

Indian Oil and Korea Gas Corporation (KOGAS) signed an MoU on joint participation in exploration and production of gas and oil at the global level and developing natural gas infrastructure projects and LNG sourcing. The MoU was signed by A K Marchanda, Ex
Published 23 Oct, 2012 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (October 22, 2012).

Published 23 Oct, 2012 12:00am
India signs MoU on LNG, E&P ventures

India signs MoU on LNG, E&P ventures

Indian Oil and Korea Gas Corporation (KOGAS) signed an MoU on joint participation in exploration and production of gas and oil at the global level and developing natural gas infrastructure projects and LNG sourcing. The MoU was signed by A K Marchanda, Ex
Published 23 Oct, 2012 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (October 22, 2012).

Published 23 Oct, 2012 12:00am
Eurozone crisis states post worse-than-estimated deficits

Eurozone crisis states post worse-than-estimated deficits

Eurozone states hardest hit by the debt crisis posted worse deficits in 2011 than previously estimated, according to European Union statistics released Monday. Spain''s deficit stood at 9.4 per cent of gross domestic product (GDP) in 2011, according to Eu
Published 23 Oct, 2012 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (October 22, 2012).

Published 23 Oct, 2012 12:00am
Eurozone crisis states post worse-than-estimated deficits

Eurozone crisis states post worse-than-estimated deficits

Eurozone states hardest hit by the debt crisis posted worse deficits in 2011 than previously estimated, according to European Union statistics released Monday. Spain's deficit stood at 9.4 per cent of gross domestic product (GDP) in 2011, according to Eur
Published 23 Oct, 2012 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Monday (October 22, 2012).

Published 23 Oct, 2012 12:00am
Eurozone crisis states post worse-than-estimated deficits

Eurozone crisis states post worse-than-estimated deficits

Eurozone states hardest hit by the debt crisis posted worse deficits in 2011 than previously estimated, according to European Union statistics released Monday. Spain's deficit stood at 9.4 per cent of gross domestic product (GDP) in 2011, according to Eur
Published 23 Oct, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (October 22, 2012).

Published 23 Oct, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (October 22, 2012).

Published 23 Oct, 2012 12:00am
THE RUPEE: mixed trend

THE RUPEE: mixed trend

The rupee moved both ways against the dollar on the currency market on Monday, dealers said. The rupee shed six-paisa in relation to the dollar for buying and selling at 95.39 and 95.42, they said. Commenting on the slight fluctuations in the national cur
Published 23 Oct, 2012 12:00am
THE RUPEE: mixed trend

THE RUPEE: mixed trend

The rupee moved both ways against the dollar on the currency market on Monday, dealers said. The rupee shed six-paisa in relation to the dollar for buying and selling at 95.39 and 95.42, they said. Commenting on the slight fluctuations in the national cur
Published 23 Oct, 2012 12:00am
Britain ends 10-year boycott of extremist Modi

Britain ends 10-year boycott of extremist Modi

Britain held talks Monday with Indian regional leader Narendra Modi, ending a 10-year boycott over deadly religious riots in Gujarat state that left more than 2,000 dead, including three Britons. Modi, a Hindu nationalist who is tipped as a possible futur
Published 23 Oct, 2012 12:00am
Britain ends 10-year boycott of extremist Modi

Britain ends 10-year boycott of extremist Modi

Britain held talks Monday with Indian regional leader Narendra Modi, ending a 10-year boycott over deadly religious riots in Gujarat state that left more than 2,000 dead, including three Britons. Modi, a Hindu nationalist who is tipped as a possible futur
Published 23 Oct, 2012 12:00am
Shipping ministry accused of seeking undue favours

Shipping ministry accused of seeking undue favours

Ministry of Ports and Shipping is reportedly lobbying to ensure contracts of all public sector cargoes for Pakistan National Shipping Corporation (PNSC) without following PPRA Rules, well-informed sources told Business Recorder. The ministry argues
Published 23 Oct, 2012 12:00am
Shipping ministry accused of seeking undue favours

Shipping ministry accused of seeking undue favours

Ministry of Ports and Shipping is reportedly lobbying to ensure contracts of all public sector cargoes for Pakistan National Shipping Corporation (PNSC) without following PPRA Rules, well-informed sources told Business Recorder. The ministry argues
Published 23 Oct, 2012 12:00am
Shipping ministry accused of seeking undue favours

Shipping ministry accused of seeking undue favours

Ministry of Ports and Shipping is reportedly lobbying to ensure contracts of all public sector cargoes for Pakistan National Shipping Corporation (PNSC) without following PPRA Rules, well-informed sources told Business Recorder. The ministry argues
Published 23 Oct, 2012 12:00am
Criticism of armed forces: Supreme Court seeks transcripts of TV shows

Criticism of armed forces: Supreme Court seeks transcripts of TV shows

The Supreme Court on Monday sought Urdu transcripts of TV programmes that had maligned the armed forces and secret agencies after Abbottabad incident and the attack on Mehran Air Base, Karachi in 2011. A two-judge bench led by Chief Justice Iftikhar Muham
Published 23 Oct, 2012 12:00am
Criticism of armed forces: Supreme Court seeks transcripts of TV shows

Criticism of armed forces: Supreme Court seeks transcripts of TV shows

The Supreme Court on Monday sought Urdu transcripts of TV programmes that had maligned the armed forces and secret agencies after Abbottabad incident and the attack on Mehran Air Base, Karachi in 2011. A two-judge bench led by Chief Justice Iftikhar Muham
Published 23 Oct, 2012 12:00am
Eid-ul-Azha: CNG stations exempted from gas loadshedding

Eid-ul-Azha: CNG stations exempted from gas loadshedding

The government has decided to exempt Compressed Natural Gas (CNG) stations from gas loadshedding across the country during Eid-ul-Azha. The Ministry of Petroleum announced here on Monday that CNG filling stations will remain opened from October 26-to-29 t
Published 23 Oct, 2012 12:00am
Eid-ul-Azha: CNG stations exempted from gas loadshedding

Eid-ul-Azha: CNG stations exempted from gas loadshedding

The government has decided to exempt Compressed Natural Gas (CNG) stations from gas loadshedding across the country during Eid-ul-Azha. The Ministry of Petroleum announced here on Monday that CNG filling stations will remain opened from October 26-to-29 t
Published 23 Oct, 2012 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 23 Oct, 2012 12:00am
Eid-ul-Azha: CNG stations exempted from gas loadshedding

Eid-ul-Azha: CNG stations exempted from gas loadshedding

The government has decided to exempt Compressed Natural Gas (CNG) stations from gas loadshedding across the country during Eid-ul-Azha. The Ministry of Petroleum announced here on Monday that CNG filling stations will remain opened from October 26-to-29 t
Published 23 Oct, 2012 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 23 Oct, 2012 12:00am
JCP recommends Justice Shaukat's confirmation

JCP recommends Justice Shaukat's confirmation

The Judicial Commission of Pakistan (JCP) on Monday recommended the confirmation of Islamabad High Court judge Justice Shaukat Siddiqui. A meeting of the Judicial Commission was held in Islamabad with Chief Justice Iftikhar Muhammad Chaudhry in the chair.
Published 23 Oct, 2012 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 23 Oct, 2012 12:00am
Nadra holds seminar to promote civil registration management system

Nadra holds seminar to promote civil registration management system

All the stakeholders of civil registration have stressed the need for simplification of the registration procedure and giving incentives to those who register their babies, and they recommended to observe the 2013 as the year of registration and launching
Published 23 Oct, 2012 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 23 Oct, 2012 12:00am
Rs 13.7 billion allocated for Diamer-Basha Dam project: Wapda chief

Rs 13.7 billion allocated for Diamer-Basha Dam project: Wapda chief

Federal government has allocated about Rs 13.78 billion for 4500 MW-Diamer-Basha Dam Project during the fiscal year 2012-13. The project is being implemented on priority basis. These views were expressed by Pakistan Water and Power Development Authority (
Published 23 Oct, 2012 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 23 Oct, 2012 12:00am
Notice sent to Punjab government

Notice sent to Punjab government

A cameraman of a local TV channel, Aftab Ahmed sent a legal notice of compensation to government of Punjab for not making him payment as he was seriously injured during the coverage of a marathon on March 04 last. Counsel Aftab Bajwa stated that the Punja
Published 23 Oct, 2012 12:00am
Pakistani carpets exhibition opens in Jakarta

Pakistani carpets exhibition opens in Jakarta

A three-day exhibition of Pakistani carpets opened at Pakistan Embassy Jakarta on Monday, Embassy press section told Business Recorder through an E-mail message. Ambassadors from Turkey, Saudi Arabia, Morocco, Belarus, Serbia, Cuba, Nigeria, Russia
Published 23 Oct, 2012 12:00am
ISE index improves by 22.06 points

ISE index improves by 22.06 points

Equities moved both ways on the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an improvement of 22.06 points as the ISE Ten Index moved from 3,093.09
Published 23 Oct, 2012 12:00am
ISE index improves by 22.06 points

ISE index improves by 22.06 points

Equities moved both ways on the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an improvement of 22.06 points as the ISE Ten Index moved from 3,093.09
Published 23 Oct, 2012 12:00am
LSE index up 105.54 points

LSE index up 105.54 points

Bulls dominated the proceedings at the Lahore Stock Exchange (LSE) where equities registered gains amid slight decline in transaction volume on Monday. The LSE-25 index moved up to 4052.55 points against 3947.01 points of last Friday, showing an increment
Published 23 Oct, 2012 12:00am
LSE index up 105.54 points

LSE index up 105.54 points

Bulls dominated the proceedings at the Lahore Stock Exchange (LSE) where equities registered gains amid slight decline in transaction volume on Monday. The LSE-25 index moved up to 4052.55 points against 3947.01 points of last Friday, showing an increment
Published 23 Oct, 2012 12:00am
After halt, South Korea resumes Iranian oil imports

After halt, South Korea resumes Iranian oil imports

South Korea is set to resume Iranian oil imports in October after crude cargoes were halted by EU sanctions in the previous two months, with shipments transported under Iranian insurance cover to avoid sanctions targeting Tehran's nuclear programme.
Published 23 Oct, 2012 12:00am
World's largest human flag

World's largest human flag

More than 24,000 Pakistanis on Monday formed the world's largest "human national flag" in Lahore, smashing a five-year-old record set in Hong Kong, officials said. A total of 24,200 people stood up in the National Hockey Stadium to make the green and whit
Published 23 Oct, 2012 12:00am
World's largest human flag

World's largest human flag

More than 24,000 Pakistanis on Monday formed the world's largest "human national flag" in Lahore, smashing a five-year-old record set in Hong Kong, officials said. A total of 24,200 people stood up in the National Hockey Stadium to make the green and whit
Published 23 Oct, 2012 12:00am
BRIndex30 gains 92.41 points

BRIndex30 gains 92.41 points

On Mon-day, BRIndex30 opened at 10,736.89 and remained positive throughout the trading session. It touched an intraday high of 10,918.87 and an intraday low of 10,743.69 and closed at 10,829.3, which was 92.41 points or 0.86 percent higher than previous c
Published 23 Oct, 2012 12:00am
BRIndex30 gains 92.41 points

BRIndex30 gains 92.41 points

On Mon-day, BRIndex30 opened at 10,736.89 and remained positive throughout the trading session. It touched an intraday high of 10,918.87 and an intraday low of 10,743.69 and closed at 10,829.3, which was 92.41 points or 0.86 percent higher than previous c
Published 23 Oct, 2012 12:00am
Index at highest-ever level with 55.88-point gain

Index at highest-ever level with 55.88-point gain

A bullish trend continued on the Karachi share market and the benchmark KSE-100 index on Monday closed at the highest ever level of 15,848.63 points with an increase of 55.88 points. Besides, fresh buying by local investors the foreign participants'' inte
Published 23 Oct, 2012 12:00am
Index at highest-ever level with 55.88-point gain

Index at highest-ever level with 55.88-point gain

A bullish trend continued on the Karachi share market and the benchmark KSE-100 index on Monday closed at the highest ever level of 15,848.63 points with an increase of 55.88 points. Besides, fresh buying by local investors the foreign participants' inter
Published 23 Oct, 2012 12:00am
Index at highest-ever level with 55.88-point gain

Index at highest-ever level with 55.88-point gain

A bullish trend continued on the Karachi share market and the benchmark KSE-100 index on Monday closed at the highest ever level of 15,848.63 points with an increase of 55.88 points. Besides, fresh buying by local investors the foreign participants' inter
Published 23 Oct, 2012 12:00am
New LPG policy likely to be approved today

New LPG policy likely to be approved today

Economic Co-ordination Committee (ECC) of the Cabinet is likely to approve new Liquefied Petroleum Gas (LPG) Policy 2012 on Tuesday (today) according to which a ban will be imposed on the sale of gas to the private sector by the public sector, sources clo
Published 23 Oct, 2012 12:00am
New LPG policy likely to be approved today

New LPG policy likely to be approved today

Economic Co-ordination Committee (ECC) of the Cabinet is likely to approve new Liquefied Petroleum Gas (LPG) Policy 2012 on Tuesday (today) according to which a ban will be imposed on the sale of gas to the private sector by the public sector, sources clo
Published 23 Oct, 2012 12:00am
New LPG policy likely to be approved today

New LPG policy likely to be approved today

Economic Co-ordination Committee (ECC) of the Cabinet is likely to approve new Liquefied Petroleum Gas (LPG) Policy 2012 on Tuesday (today) according to which a ban will be imposed on the sale of gas to the private sector by the public sector, sources clo
Published 23 Oct, 2012 12:00am
SBP to remain closed from 26th to 29th

SBP to remain closed from 26th to 29th

The State Bank of Pakistan and all offices of SBP Banking Services Corporation, including the Public Debt Offices, will remain closed from October 26 to 29, 2012 (Friday, Saturday, Sunday & Monday) being public holidays declared by the government on the o
Published 23 Oct, 2012 12:00am
SBP to remain closed from 26th to 29th

SBP to remain closed from 26th to 29th

The State Bank of Pakistan and all offices of SBP Banking Services Corporation, including the Public Debt Offices, will remain closed from October 26 to 29, 2012 (Friday, Saturday, Sunday & Monday) being public holidays declared by the government on the o
Published 23 Oct, 2012 12:00am
SBP to remain closed from 26th to 29th

SBP to remain closed from 26th to 29th

The State Bank of Pakistan and all offices of SBP Banking Services Corporation, including the Public Debt Offices, will remain closed from October 26 to 29, 2012 (Friday, Saturday, Sunday & Monday) being public holidays declared by the government on the o
Published 23 Oct, 2012 12:00am
Pakistan joins list of central banks to invest in Chinese bonds

Pakistan joins list of central banks to invest in Chinese bonds

Pakistan will join a growing list of central banks that will invest in China''''s interbank market as the world''''s second-largest economy opens its capital markets. The People''''s Bank of China announced on Monday that it had signed an agreement with t
Published 23 Oct, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (October 22, 2012).

Published 23 Oct, 2012 12:00am
Pakistan joins list of central banks to invest in Chinese bonds

Pakistan joins list of central banks to invest in Chinese bonds

Pakistan will join a growing list of central banks that will invest in China''s interbank market as the world''s second-largest economy opens its capital markets. The People''s Bank of China announced on Monday that it had signed an agreement with the Sta
Published 23 Oct, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (October 22, 2012).

Published 23 Oct, 2012 12:00am
Pakistan joins list of central banks to invest in Chinese bonds

Pakistan joins list of central banks to invest in Chinese bonds

Pakistan will join a growing list of central banks that will invest in China's interbank market as the world's second-largest economy opens its capital markets. The People's Bank of China announced on Monday that it had signed an agreement with the State
Published 23 Oct, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (October 22, 2012).

Published 23 Oct, 2012 12:00am
Pakistan joins list of central banks to invest in Chinese bonds

Pakistan joins list of central banks to invest in Chinese bonds

Pakistan will join a growing list of central banks that will invest in China's interbank market as the world's second-largest economy opens its capital markets. The People's Bank of China announced on Monday that it had signed an agreement with the State
Published 23 Oct, 2012 12:00am