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Print - 2012-11-03
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 03 Nov, 2012 12:00am
Khalid Chaudhary appointed director general CAA

Khalid Chaudhary appointed director general CAA

Air Marshal Khalid Chaudhary (Retd) has been appointed as new Director General Civil Aviation Authority (CAA) on Friday. A notification has been issued in this respect. Chaudhary has been appointed after Captain Nadeem Yousufzai resigned from the post.
Published 03 Nov, 2012 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 03 Nov, 2012 12:00am
Khalid Chaudhary appointed director general CAA

Khalid Chaudhary appointed director general CAA

Air Marshal Khalid Chaudhary (Retd) has been appointed as new Director General Civil Aviation Authority (CAA) on Friday. A notification has been issued in this respect. Chaudhary has been appointed after Captain Nadeem Yousufzai resigned from the post.
Published 03 Nov, 2012 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 03 Nov, 2012 12:00am
Khalid Chaudhary appointed director general CAA

Khalid Chaudhary appointed director general CAA

Air Marshal Khalid Chaudhary (Retd) has been appointed as new Director General Civil Aviation Authority (CAA) on Friday. A notification has been issued in this respect. Chaudhary has been appointed after Captain Nadeem Yousufzai resigned from the post.
Published 03 Nov, 2012 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 03 Nov, 2012 12:00am
Cuba accuses US of training dissidents via Internet

Cuba accuses US of training dissidents via Internet

Cuba accused the United States Friday of supplying opponents of the government with the technological means to access the Internet as part of an effort to "subvert the constitutional order." The accusation, levelled in a foreign ministry statement, comes
Published 03 Nov, 2012 12:00am
Cuba accuses US of training dissidents via Internet

Cuba accuses US of training dissidents via Internet

Cuba accused the United States Friday of supplying opponents of the government with the technological means to access the Internet as part of an effort to "subvert the constitutional order." The accusation, levelled in a foreign ministry statement, comes
Published 03 Nov, 2012 12:00am
Cuba accuses US of training dissidents via Internet

Cuba accuses US of training dissidents via Internet

Cuba accused the United States Friday of supplying opponents of the government with the technological means to access the Internet as part of an effort to "subvert the constitutional order." The accusation, levelled in a foreign ministry statement, comes
Published 03 Nov, 2012 12:00am
Tunisian held as US Benghazi attack suspect

Tunisian held as US Benghazi attack suspect

A Tunisian suspected of involvement in the deadly September 11 assault on the US consulate in Benghazi, Libya, when the American ambassador was killed, has been detained after being expelled from Turkey, the justice ministry said on Friday. A ministry sta
Published 03 Nov, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (November 02, 2012).

Published 03 Nov, 2012 12:00am
Tunisian held as US Benghazi attack suspect

Tunisian held as US Benghazi attack suspect

A Tunisian suspected of involvement in the deadly September 11 assault on the US consulate in Benghazi, Libya, when the American ambassador was killed, has been detained after being expelled from Turkey, the justice ministry said on Friday. A ministry sta
Published 03 Nov, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (November 02, 2012).

Published 03 Nov, 2012 12:00am
LPG producers raise base stock prices

LPG producers raise base stock prices

State owned LPG producers - Oil & Gas Development Company Limited and Pak Arab Refinery - increased their respective LPG base stock prices by as much as Rs 6,600 per ton. The increase in response to the new Saudi Aramco contract price for November was les
Published 03 Nov, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (November 02, 2012).

Published 03 Nov, 2012 12:00am
LPG producers raise base stock prices

LPG producers raise base stock prices

State owned LPG producers - Oil & Gas Development Company Limited and Pak Arab Refinery - increased their respective LPG base stock prices by as much as Rs 6,600 per ton. The increase in response to the new Saudi Aramco contract price for November was les
Published 03 Nov, 2012 12:00am
LPG producers raise base stock prices

LPG producers raise base stock prices

State owned LPG producers - Oil & Gas Development Company Limited and Pak Arab Refinery - increased their respective LPG base stock prices by as much as Rs 6,600 per ton. The increase in response to the new Saudi Aramco contract price for November was les
Published 03 Nov, 2012 12:00am
ISE equities move both ways

ISE equities move both ways

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 36.23 points as the ISE Ten Index moved from 3,161.59
Published 03 Nov, 2012 12:00am
ISE equities move both ways

ISE equities move both ways

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 36.23 points as the ISE Ten Index moved from 3,161.59
Published 03 Nov, 2012 12:00am
Bullish sentiment dominates LSE

Bullish sentiment dominates LSE

A bullish sentiment dominated on the Lahore Stock Exchange on Friday and the equities posted gains amid marginally decreased trading turnover because of the investors' cautious approach ahead of weekend. The LSE-25 index gained 7.43 points and was ended a
Published 03 Nov, 2012 12:00am
Bullish sentiment dominates LSE

Bullish sentiment dominates LSE

A bullish sentiment dominated on the Lahore Stock Exchange on Friday and the equities posted gains amid marginally decreased trading turnover because of the investors' cautious approach ahead of weekend. The LSE-25 index gained 7.43 points and was ended a
Published 03 Nov, 2012 12:00am
BRIndex30 up 69.1 points

BRIndex30 up 69.1 points

On Friday, BRIndex30 opened at 10,717.79. It touched an intraday high of 10,803.35 and an intraday low of 10,717.6 and closed at 10,786.89, which was 69.1 points or 0.64 percent higher than previous close. Total volume was 149,711,400, which was 78.18 per
Published 03 Nov, 2012 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (November 02, 2012).

Published 03 Nov, 2012 12:00am
BRIndex30 up 69.1 points

BRIndex30 up 69.1 points

On Friday, BRIndex30 opened at 10,717.79. It touched an intraday high of 10,803.35 and an intraday low of 10,717.6 and closed at 10,786.89, which was 69.1 points or 0.64 percent higher than previous close. Total volume was 149,711,400, which was 78.18 per
Published 03 Nov, 2012 12:00am
Index well above 16,000 historic level

Index well above 16,000 historic level

The Karachi Stock Exchange (KSE) has achieved another milestone on Friday and the benchmark KSE-100 index closed well above 16,000 historic level at 16,101.55 points, with healthy increase of 139.18 points. The market capitalisation also increased to reco
Published 03 Nov, 2012 12:00am
Index well above 16,000 historic level

Index well above 16,000 historic level

The Karachi Stock Exchange (KSE) has achieved another milestone on Friday and the benchmark KSE-100 index closed well above 16,000 historic level at 16,101.55 points, with healthy increase of 139.18 points. The market capitalisation also increased to reco
Published 03 Nov, 2012 12:00am
Index well above 16,000 historic level

Index well above 16,000 historic level

The Karachi Stock Exchange (KSE) has achieved another milestone on Friday and the benchmark KSE-100 index closed well above 16,000 historic level at 16,101.55 points, with healthy increase of 139.18 points. The market capitalisation also increased to reco
Published 03 Nov, 2012 12:00am
Pakistan suffers gas shortfall of 2BCF a day

Pakistan suffers gas shortfall of 2BCF a day

Pakistan is facing a natural gas shortfall of two Billion Cubic Feet (BCF) per day, as current demand exceeds 6 BCF against the available production of 4 BCF, an official told Business Recorder on Friday. The sources said the country will face seve
Published 03 Nov, 2012 12:00am
Pakistan suffers gas shortfall of 2BCF a day

Pakistan suffers gas shortfall of 2BCF a day

Pakistan is facing a natural gas shortfall of two Billion Cubic Feet (BCF) per day, as current demand exceeds 6 BCF against the available production of 4 BCF, an official told Business Recorder on Friday. The sources said the country will face seve
Published 03 Nov, 2012 12:00am
Pakistan suffers gas shortfall of 2BCF a day

Pakistan suffers gas shortfall of 2BCF a day

Pakistan is facing a natural gas shortfall of two Billion Cubic Feet (BCF) per day, as current demand exceeds 6 BCF against the available production of 4 BCF, an official told Business Recorder on Friday. The sources said the country will face seve
Published 03 Nov, 2012 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (November 02, 2012).

Published 03 Nov, 2012 12:00am
July-October inflation rose by 8.76 percent

July-October inflation rose by 8.76 percent

The Consumer Price Index (CPI) inflation increased by 8.76 percent during July-October 2012-13 as compared to the same period of last year, according to Pakistan Bureau of Statistics (PBS). Addressing a press conference on Friday, Secretary PBS , Sohail A
Published 03 Nov, 2012 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (November 02, 2012).
Published 03 Nov, 2012 12:00am
July-October inflation rose by 8.76 percent

July-October inflation rose by 8.76 percent

The Consumer Price Index (CPI) inflation increased by 8.76 percent during July-October 2012-13 as compared to the same period of last year, according to Pakistan Bureau of Statistics (PBS). Addressing a press conference on Friday, Secretary PBS , Sohail A
Published 03 Nov, 2012 12:00am
July-October inflation rose by 8.76 percent

July-October inflation rose by 8.76 percent

The Consumer Price Index (CPI) inflation increased by 8.76 percent during July-October 2012-13 as compared to the same period of last year, according to Pakistan Bureau of Statistics (PBS). Addressing a press conference on Friday, Secretary PBS , Sohail A
Published 03 Nov, 2012 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Friday (November 02, 2012).

Published 03 Nov, 2012 12:00am
Van attack kills at least 18 in Khuzdar

Van attack kills at least 18 in Khuzdar

At least 18 people were killed on Friday in a huge blaze that erupted after gunmen opened fire on a passenger van at a petrol stall in Khuzdar, officials said. Senior local official Abdul Mansoor Kakar told AFP that four gunmen opened fire on the van with
Published 03 Nov, 2012 12:00am
Van attack kills at least 18 in Khuzdar

Van attack kills at least 18 in Khuzdar

At least 18 people were killed on Friday in a huge blaze that erupted after gunmen opened fire on a passenger van at a petrol stall in Khuzdar, officials said. Senior local official Abdul Mansoor Kakar told AFP that four gunmen opened fire on the van with
Published 03 Nov, 2012 12:00am
Raisani says he's still chief minister

Raisani says he's still chief minister

Talking to reporters here on Friday, Chief Minister Balochistan Aslam Raisani insisted that he was still the chief executive of the province and enjoying the support of all the allies. About the constitutional status of his government, he said he would pr
Published 03 Nov, 2012 12:00am
Raisani says he's still chief minister

Raisani says he's still chief minister

Talking to reporters here on Friday, Chief Minister Balochistan Aslam Raisani insisted that he was still the chief executive of the province and enjoying the support of all the allies. About the constitutional status of his government, he said he would pr
Published 03 Nov, 2012 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (November 02, 2012).

Published 03 Nov, 2012 12:00am
Prime Minister to meet Balochistan cabinet on November 9

Prime Minister to meet Balochistan cabinet on November 9

Prime Minister Raja Pervez Ashraf will meet the cabinet members of Balochistan on November 09, 2012 (Friday) in Gwadar, says an announcement made by the provincial government. The issue took a new turn on Thursday when Speaker of Balochistan provincial as
Published 03 Nov, 2012 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Friday (November 02, 2012).

Published 03 Nov, 2012 12:00am
Prime Minister to meet Balochistan cabinet on November 9

Prime Minister to meet Balochistan cabinet on November 9

Prime Minister Raja Pervez Ashraf will meet the cabinet members of Balochistan on November 09, 2012 (Friday) in Gwadar, says an announcement made by the provincial government. The issue took a new turn on Thursday when Speaker of Balochistan provincial as
Published 03 Nov, 2012 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (November 02, 2012).

Published 03 Nov, 2012 12:00am
PSDP schemes: provincial government asked to carry out audit

PSDP schemes: provincial government asked to carry out audit

The Supreme Court on Friday issued directives to the concerned authorities to stop release of funds of Rs 24 billion allocated to 739 non-development projects under Public Sector Development Programme (PSDP) in Balochistan. A two-judge bench of Chief Just
Published 03 Nov, 2012 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 03 Nov, 2012 12:00am
PSDP schemes: provincial government asked to carry out audit

PSDP schemes: provincial government asked to carry out audit

The Supreme Court on Friday issued directives to the concerned authorities to stop release of funds of Rs 24 billion allocated to 739 non-development projects under Public Sector Development Programme (PSDP) in Balochistan. A two-judge bench of Chief Just
Published 03 Nov, 2012 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 03 Nov, 2012 12:00am
PSDP schemes: provincial government asked to carry out audit

PSDP schemes: provincial government asked to carry out audit

The Supreme Court on Friday issued directives to the concerned authorities to stop release of funds of Rs 24 billion allocated to 739 non-development projects under Public Sector Development Programme (PSDP) in Balochistan. A two-judge bench of Chief Just
Published 03 Nov, 2012 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 03 Nov, 2012 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 03 Nov, 2012 12:00am
KSE decides to reduce aggregate amount of contribution from IPF

KSE decides to reduce aggregate amount of contribution from IPF

The board of directors of Karachi Stock Exchange (KSE) has decided to reduce with immediate effect, the aggregate amount of contribution from Investors'' Protection Fund (IPF) from existing allowable limit of up to Rs 75 million to an amount not exceeding
Published 03 Nov, 2012 12:00am
KSE decides to reduce aggregate amount of contribution from IPF

KSE decides to reduce aggregate amount of contribution from IPF

The board of directors of Karachi Stock Exchange (KSE) has decided to reduce with immediate effect, the aggregate amount of contribution from Investors' Protection Fund (IPF) from existing allowable limit of up to Rs 75 million to an amount not exceeding
Published 03 Nov, 2012 12:00am
Finding the chink in armour

Finding the chink in armour

The other day an interesting hand came up for defence and play at our table during our weekend competitions. The bidding by the opponents was as under:
Published 03 Nov, 2012 12:00am
KSE decides to reduce aggregate amount of contribution from IPF

KSE decides to reduce aggregate amount of contribution from IPF

The board of directors of Karachi Stock Exchange (KSE) has decided to reduce with immediate effect, the aggregate amount of contribution from Investors' Protection Fund (IPF) from existing allowable limit of up to Rs 75 million to an amount not exceeding
Published 03 Nov, 2012 12:00am
ART FACTS: Broken souls and hidden fantasies

ART FACTS: Broken souls and hidden fantasies

While going through paintings at an art gallery I came across Dr Syed Ali Wasif. During the course of conversation it was recalled that we have had brief encounters at Frere Hall where I used to go there to meet Sadequain in 1986. Dr Wasif was a student o
Published 03 Nov, 2012 12:00am
2008 stock market crash: SECP to initiate independent study

2008 stock market crash: SECP to initiate independent study

The Securities and Exchange Commission of Pakistan (SECP) has decided to initiate an independent study into the reasons and causes of Karachi Stock Exchange crash in 2008. Addressing a press conference at the SECP Headquarters here on Friday, SECP Spokesm
Published 03 Nov, 2012 12:00am
When this is all over, and the reckoning begins...

When this is all over, and the reckoning begins...

Hurricane Sandy is a cruel teacher, but she's about to accomplish what decades of scientific research have failed to do: Persuade the public that climate change is a real and serious problem, and motivate the transition to distributed power generation and
Published 03 Nov, 2012 12:00am
2008 stock market crash: SECP to initiate independent study

2008 stock market crash: SECP to initiate independent study

The Securities and Exchange Commission of Pakistan (SECP) has decided to initiate an independent study into the reasons and causes of Karachi Stock Exchange crash in 2008. Addressing a press conference at the SECP Headquarters here on Friday, SECP Spokesm
Published 03 Nov, 2012 12:00am
KARACHI CHRONICLE: Writing skills

KARACHI CHRONICLE: Writing skills

Karachi is said to have the highest literacy rate in the country. This does not appear to be true because one comes across so many, hundreds and thousands of people who cannot read. But I personally know readers outnumber illiterates. I am a frequent trav
Published 03 Nov, 2012 12:00am
2008 stock market crash: SECP to initiate independent study

2008 stock market crash: SECP to initiate independent study

The Securities and Exchange Commission of Pakistan (SECP) has decided to initiate an independent study into the reasons and causes of Karachi Stock Exchange crash in 2008. Addressing a press conference at the SECP Headquarters here on Friday, SECP Spokesm
Published 03 Nov, 2012 12:00am
No change on grain market

No change on grain market

According to the wholesale merchant group release, not a single change was seen on the wholesale grain and oilseeds market on Friday.
Published 03 Nov, 2012 12:00am
Excess cash reserves: SBP to publish bank-wise data

Excess cash reserves: SBP to publish bank-wise data

The State Bank of Pakistan (SBP) has now decided to publish bank-wise data on excess cash reserves maintained by banks over and above the minimum required Cash Reserve Requirement (CRR). The data will be disclosed with a lag of about one month; and will h
Published 03 Nov, 2012 12:00am