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Print - 2012-12-04
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (December 03, 2012).

Published 04 Dec, 2012 12:00am
UK lawmakers call for tax crackdown on multinationals

UK lawmakers call for tax crackdown on multinationals

A committee of UK lawmakers has called on government to crack down on multinational companies that make substantial sales in Britain but pay little tax here, echoing demands from leaders across Europe for measures to tackle corporate tax avoidance.
Published 04 Dec, 2012 12:00am
Zardari leaves for Seoul

Zardari leaves for Seoul

President Asif Ali Zardari left for Seoul on a three-day official visit on Monday to have talks with his South Korean counterpart Lee Myung-Bak. The President will discuss with his Korean counterpart the whole gamut of bilateral ties between the two count
Published 04 Dec, 2012 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (December 03, 2012).

Published 04 Dec, 2012 12:00am
Zardari leaves for Seoul

Zardari leaves for Seoul

President Asif Ali Zardari left for Seoul on a three-day official visit on Monday to have talks with his South Korean counterpart Lee Myung-Bak. The President will discuss with his Korean counterpart the whole gamut of bilateral ties between the two count
Published 04 Dec, 2012 12:00am
There're no indications of SPA draft's signing

There're no indications of SPA draft's signing

Afghan President Hamid Karzai's preconditions for signing strategic partnership agreement (SPA) with Pakistan including cessation of "terror export" echo the Indian precondition that remains a major irritant for Pakistan.
Published 04 Dec, 2012 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Monday (December 03, 2012).

Published 04 Dec, 2012 12:00am
Swedish woman injured by gunmen

Swedish woman injured by gunmen

A Swedish woman was shot at and injured on Monday by unknown gunmen in Lahore, officials said. The 55-year-old social worker was targeted outside her house in Model Town area of the city, senior police officer Sohail Sukhera said by phone. A doctor at Jin
Published 04 Dec, 2012 12:00am
Swedish woman injured by gunmen

Swedish woman injured by gunmen

A Swedish woman was shot at and injured on Monday by unknown gunmen in Lahore, officials said. The 55-year-old social worker was targeted outside her house in Model Town area of the city, senior police officer Sohail Sukhera said by phone. A doctor at Jin
Published 04 Dec, 2012 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (December 03, 2012).

Published 04 Dec, 2012 12:00am
48-hour CNG closure in Sindh notified

48-hour CNG closure in Sindh notified

Sui Southern Gas Company (SSGC) has announced the schedule for closure of CNG stations for the current week. According to SSGC, all the CNG stations in Sindh will remain closed for 48 hours from 12 am on Tuesday (today) till 12 am on Thursday (December 06
Published 04 Dec, 2012 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (December 03, 2012).

Published 04 Dec, 2012 12:00am
48-hour CNG closure in Sindh notified

48-hour CNG closure in Sindh notified

Sui Southern Gas Company (SSGC) has announced the schedule for closure of CNG stations for the current week. According to SSGC, all the CNG stations in Sindh will remain closed for 48 hours from 12 am on Tuesday (today) till 12 am on Thursday (December 06
Published 04 Dec, 2012 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (December 03, 2012).

Published 04 Dec, 2012 12:00am
48-hour CNG closure in Sindh notified

48-hour CNG closure in Sindh notified

Sui Southern Gas Company (SSGC) has announced the schedule for closure of CNG stations for the current week. According to SSGC, all the CNG stations in Sindh will remain closed for 48 hours from 12 am on Tuesday (today) till 12 am on Thursday (December 06
Published 04 Dec, 2012 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (December 03, 2012).

Published 04 Dec, 2012 12:00am
Gunmen 'desecrate' graves?

Gunmen 'desecrate' graves?

Gunmen on Monday 'desecrated' graves of Ahmadis in Lahore, members of the minority community said. More than a dozen masked men broke into an Ahmadi graveyard in the upmarket Model Town area of Lahore before dawn and after tying up the security guard and
Published 04 Dec, 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 (December 03, 2012).

Published 04 Dec, 2012 12:00am
Gunmen 'desecrate' graves?

Gunmen 'desecrate' graves?

Gunmen on Monday 'desecrated' graves of Ahmadis in Lahore, members of the minority community said. More than a dozen masked men broke into an Ahmadi graveyard in the upmarket Model Town area of Lahore before dawn and after tying up the security guard and
Published 04 Dec, 2012 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 23rd November, 2012.

Published 04 Dec, 2012 12:00am
Climate talks deadlocked as countdown starts for final week

Climate talks deadlocked as countdown starts for final week

UN climate negotiators bickered in Doha on Monday over cash and commitments needed to curb Earth-warming greenhouse gases, even as fresh alarm bells were rung about the perils the planet faces. Halfway through 11-day talks, nearly 200 nations remained far
Published 04 Dec, 2012 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 23rd November, 2012.

Published 04 Dec, 2012 12:00am
Climate talks deadlocked as countdown starts for final week

Climate talks deadlocked as countdown starts for final week

UN climate negotiators bickered in Doha on Monday over cash and commitments needed to curb Earth-warming greenhouse gases, even as fresh alarm bells were rung about the perils the planet faces. Halfway through 11-day talks, nearly 200 nations remained far
Published 04 Dec, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (December 03, 2012).

Published 04 Dec, 2012 12:00am
Violence hits many areas: religious scholar among 10 killed in Karachi

Violence hits many areas: religious scholar among 10 killed in Karachi

At least 10 persons including a religious scholar were killed and several others wounded while five vehicles were torched in various acts of violence and arson in different areas of the city here on Monday. According to police and rescue sources, unidenti
Published 04 Dec, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (December 03, 2012).

Published 04 Dec, 2012 12:00am
Violence hits many areas: religious scholar among 10 killed in Karachi

Violence hits many areas: religious scholar among 10 killed in Karachi

At least 10 persons including a religious scholar were killed and several others wounded while five vehicles were torched in various acts of violence and arson in different areas of the city here on Monday. According to police and rescue sources, unidenti
Published 04 Dec, 2012 12:00am
Chinese firm fined for re-sale of nuclear plant material

Chinese firm fined for re-sale of nuclear plant material

The US fined a Chinese state-owned company $3 million Monday after it agreed to plead guilty to criminal charges for exporting US-made coatings to a Pakistan nuclear plant against US restrictions. China Nuclear Industry Huaxing Construction Co was charged
Published 04 Dec, 2012 12:00am
Chinese firm fined for re-sale of nuclear plant material

Chinese firm fined for re-sale of nuclear plant material

The US fined a Chinese state-owned company $3 million Monday after it agreed to plead guilty to criminal charges for exporting US-made coatings to a Pakistan nuclear plant against US restrictions. China Nuclear Industry Huaxing Construction Co was charged
Published 04 Dec, 2012 12:00am
THE RUPEE: steadier trend

THE RUPEE: steadier trend

The rupee managed to resist fresh fall against the dollar on the currency market, dealers said. Slight improvement in supply of dollars, aided the rupee fresh erosion in its value versus the greenback, they said. The rupee gained eight paisa against the d
Published 04 Dec, 2012 12:00am
Chinese firm fined for re-sale of nuclear plant material

Chinese firm fined for re-sale of nuclear plant material

The US fined a Chinese state-owned company $3 million Monday after it agreed to plead guilty to criminal charges for exporting US-made coatings to a Pakistan nuclear plant against US restrictions. China Nuclear Industry Huaxing Construction Co was charged
Published 04 Dec, 2012 12:00am
THE RUPEE: steadier trend

THE RUPEE: steadier trend

The rupee managed to resist fresh fall against the dollar on the currency market, dealers said. Slight improvement in supply of dollars, aided the rupee fresh erosion in its value versus the greenback, they said. The rupee gained eight paisa against the d
Published 04 Dec, 2012 12:00am
Insurance sector: SECP notifies draft of accounting rules

Insurance sector: SECP notifies draft of accounting rules

The Securities and Exchange Commission of Pakistan (SECP) has notified draft of accounting rules and regulations for the life and non-life insurance companies. The drafted revised accounting formats and regulations for published financial statements and r
Published 04 Dec, 2012 12:00am
Insurance sector: SECP notifies draft of accounting rules

Insurance sector: SECP notifies draft of accounting rules

The Securities and Exchange Commission of Pakistan (SECP) has notified draft of accounting rules and regulations for the life and non-life insurance companies. The drafted revised accounting formats and regulations for published financial statements and r
Published 04 Dec, 2012 12:00am
Insurance sector: SECP notifies draft of accounting rules

Insurance sector: SECP notifies draft of accounting rules

The Securities and Exchange Commission of Pakistan (SECP) has notified draft of accounting rules and regulations for the life and non-life insurance companies. The drafted revised accounting formats and regulations for published financial statements and r
Published 04 Dec, 2012 12:00am
Restoring YouTube: PTA decides to take action against ISPs

Restoring YouTube: PTA decides to take action against ISPs

Pakistan Telecommunication Authority (PTA) has decided to take action against the Internet Service Providers (ISPs) who opened YouTube in some cities of the country on Monday. According to sources, YouTube was restored in some cities of the country withou
Published 04 Dec, 2012 12:00am
Restoring YouTube: PTA decides to take action against ISPs

Restoring YouTube: PTA decides to take action against ISPs

Pakistan Telecommunication Authority (PTA) has decided to take action against the Internet Service Providers (ISPs) who opened YouTube in some cities of the country on Monday. According to sources, YouTube was restored in some cities of the country withou
Published 04 Dec, 2012 12:00am
Restoring YouTube: PTA decides to take action against ISPs

Restoring YouTube: PTA decides to take action against ISPs

Pakistan Telecommunication Authority (PTA) has decided to take action against the Internet Service Providers (ISPs) who opened YouTube in some cities of the country on Monday. According to sources, YouTube was restored in some cities of the country withou
Published 04 Dec, 2012 12:00am
ISE index slips by 11 points

ISE index slips by 11 points

Bears retuned in the driving seat on the Islamabad Stock Exchange (ISE) where losers outclassed gainers amid decrease in index. ISE Ten Index showed a decrease of 11.00 points as the ISE Ten Index moved from 3,218.72 to 3,207.72 points. The overall turnov
Published 04 Dec, 2012 12:00am
ISE index slips by 11 points

ISE index slips by 11 points

Bears retuned in the driving seat on the Islamabad Stock Exchange (ISE) where losers outclassed gainers amid decrease in index. ISE Ten Index showed a decrease of 11.00 points as the ISE Ten Index moved from 3,218.72 to 3,207.72 points. The overall turnov
Published 04 Dec, 2012 12:00am
LSE index gains 11.56 points

LSE index gains 11.56 points

Bullish sentiments prevailed on the Lahore Stock Exchange and the equities registered gains amid marginally decreased trading turnover. The LSE-25 index gained 11.56 points to close at 4195.26 against 4183.70 of last Friday, while transaction volume was r
Published 04 Dec, 2012 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 04 Dec, 2012 12:00am
LSE index gains 11.56 points

LSE index gains 11.56 points

Bullish sentiments prevailed on the Lahore Stock Exchange and the equities registered gains amid marginally decreased trading turnover. The LSE-25 index gained 11.56 points to close at 4195.26 against 4183.70 of last Friday, while transaction volume was r
Published 04 Dec, 2012 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 04 Dec, 2012 12:00am
Fitch warns on Indian economy, need for reform

Fitch warns on Indian economy, need for reform

India's sovereign rating could be cut if the government loosens fiscal policy in the runup to elections due by 2014 or sees a prolonged slowdown in economic growth, ratings agency Fitch said on Monday. Both Fitch and Standard and Poor's earlier this year
Published 04 Dec, 2012 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 04 Dec, 2012 12:00am
Britain must hike infrastructure budget: Ernst & Young

Britain must hike infrastructure budget: Ernst & Young

The British government should focus on infrastructure projects to boost its economy over the next two years, a think tank has said. A forecasting group backed by accounting firm Ernst & Young said on Monday a 14 billion pounds ($22 billion) hike in infras
Published 04 Dec, 2012 12:00am
BRIndex30 up by 18.86 points

BRIndex30 up by 18.86 points

On Monday, BRIndex30 opened at 11,320.53. It touched an intraday high of 11,457.48 and an intraday low of 11,313.66 and closed at 11,339.39 which was 18.86 points or 0.17 percent higher than previous close. Total volume was 118,399,300, which was 60.53 pe
Published 04 Dec, 2012 12:00am
BRIndex30 up by 18.86 points

BRIndex30 up by 18.86 points

On Monday, BRIndex30 opened at 11,320.53. It touched an intraday high of 11,457.48 and an intraday low of 11,313.66 and closed at 11,339.39 which was 18.86 points or 0.17 percent higher than previous close. Total volume was 118,399,300, which was 60.53 pe
Published 04 Dec, 2012 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 04 Dec, 2012 12:00am
Index loses 36 points

Index loses 36 points

After a week of bullish trend, the Karachi Stock market on Monday closed in a bearish manner as investors preferred booking profits in banking sector. The benchmark KSE-100 lost 36 points to close at 16,538 points. The market opened in green zone and gain
Published 04 Dec, 2012 12:00am
Index loses 36 points

Index loses 36 points

After a week of bullish trend, the Karachi Stock market on Monday closed in a bearish manner as investors preferred booking profits in banking sector. The benchmark KSE-100 lost 36 points to close at 16,538 points. The market opened in green zone and gain
Published 04 Dec, 2012 12:00am
Index loses 36 points

Index loses 36 points

After a week of bullish trend, the Karachi Stock market on Monday closed in a bearish manner as investors preferred booking profits in banking sector. The benchmark KSE-100 lost 36 points to close at 16,538 points. The market opened in green zone and gain
Published 04 Dec, 2012 12:00am
Bailout: PSM BoD expresses concern over mismatched spending

Bailout: PSM BoD expresses concern over mismatched spending

Board of Directors (BoD) of financially undisciplined Pakistan Steel Mills (PSM) has expressed serious concerns over mismatched spending of billions of rupees extended by Federal Government as a bailout package, sources close to Chairman of the Board told
Published 04 Dec, 2012 12:00am
Bailout: PSM BoD expresses concern over mismatched spending

Bailout: PSM BoD expresses concern over mismatched spending

Board of Directors (BoD) of financially undisciplined Pakistan Steel Mills (PSM) has expressed serious concerns over mismatched spending of billions of rupees extended by Federal Government as a bailout package, sources close to Chairman of the Board told
Published 04 Dec, 2012 12:00am
Bailout: PSM BoD expresses concern over mismatched spending

Bailout: PSM BoD expresses concern over mismatched spending

Board of Directors (BoD) of financially undisciplined Pakistan Steel Mills (PSM) has expressed serious concerns over mismatched spending of billions of rupees extended by Federal Government as a bailout package, sources close to Chairman of the Board told
Published 04 Dec, 2012 12:00am
Pakistan, US discuss defence cooperation

Pakistan, US discuss defence cooperation

The two-day 21st Pak-US Defence Consultative Group (DCG) meeting commenced here on Monday to focus on Regional Security environment and challenges faced alongside Pak-Afghan border. The meeting, held at the Ministry of Defence, will also review Defence Co
Published 04 Dec, 2012 12:00am
Pakistan, US discuss defence cooperation

Pakistan, US discuss defence cooperation

The two-day 21st Pak-US Defence Consultative Group (DCG) meeting commenced here on Monday to focus on Regional Security environment and challenges faced alongside Pak-Afghan border. The meeting, held at the Ministry of Defence, will also review Defence Co
Published 04 Dec, 2012 12:00am
Pakistan has paid high price: Nato

Pakistan has paid high price: Nato

Nato stressed Monday the importance of its ties with Pakistan in the fight against "terrorism" as the military alliance prepares the way for its 2014 withdrawal from Afghanistan. "Most urgently, we need to remain united to defeat terrorism," Nato head And
Published 04 Dec, 2012 12:00am
Pakistan has paid high price: Nato

Pakistan has paid high price: Nato

Nato stressed Monday the importance of its ties with Pakistan in the fight against "terrorism" as the military alliance prepares the way for its 2014 withdrawal from Afghanistan. "Most urgently, we need to remain united to defeat terrorism," Nato head And
Published 04 Dec, 2012 12:00am
Duty on bikes, components reduced

Duty on bikes, components reduced

The Federal Board of Revenue has reduced customs duty for one-year on motorcycles and different categories of components used in motorcycle industry. It also reduced additional customs duty on the import of motorcycle components from 32.5 percent to 28.75
Published 04 Dec, 2012 12:00am
Duty on bikes, components reduced

Duty on bikes, components reduced

The Federal Board of Revenue has reduced customs duty for one-year on motorcycles and different categories of components used in motorcycle industry. It also reduced additional customs duty on the import of motorcycle components from 32.5 percent to 28.75
Published 04 Dec, 2012 12:00am
Duty on bikes, components reduced

Duty on bikes, components reduced

The Federal Board of Revenue has reduced customs duty for one-year on motorcycles and different categories of components used in motorcycle industry. It also reduced additional customs duty on the import of motorcycle components from 32.5 percent to 28.75
Published 04 Dec, 2012 12:00am
Clinton sees Nato deal on Turkey Patriot missiles

Clinton sees Nato deal on Turkey Patriot missiles

US Secretary of State Hillary Clinton is hopeful Nato allies will agree this week on stationing Patriot missiles in Turkey to defend against possible Syrian attacks, senior US officials said. She also reiterated a warning against any attempt by the Syrian
Published 04 Dec, 2012 12:00am
Clinton sees Nato deal on Turkey Patriot missiles

Clinton sees Nato deal on Turkey Patriot missiles

US Secretary of State Hillary Clinton is hopeful Nato allies will agree this week on stationing Patriot missiles in Turkey to defend against possible Syrian attacks, senior US officials said. She also reiterated a warning against any attempt by the Syrian
Published 04 Dec, 2012 12:00am