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Print - 2012-12-12
Reko Diq case: concessions, exemptions against law, Supreme Court told

Reko Diq case: concessions, exemptions against law, Supreme Court told

Chief Justice Iftikhar Muhammad Chaudhry observed during hearing of Reko Diq case on Tuesday that transparency and upholding the law in contractual agreements are of far-reaching national import. A three-judge bench led by the Chief Justice Iftikhar Muham
Published 12 Dec, 2012 12:00am
Gas tariff determination: Ogra, CNG body to hold another round of talks

Gas tariff determination: Ogra, CNG body to hold another round of talks

The All-Pakistan CNG Association (APCNGA) and Oil and Gas Regulatory Authority (Ogra) on Tuesday decided to hold another round of talks for fixing "an acceptable gas tariff". Official of the regulatory body said: "We held very constructive talks over the
Published 12 Dec, 2012 12:00am
Gas tariff determination: Ogra, CNG body to hold another round of talks

Gas tariff determination: Ogra, CNG body to hold another round of talks

The All-Pakistan CNG Association (APCNGA) and Oil and Gas Regulatory Authority (Ogra) on Tuesday decided to hold another round of talks for fixing "an acceptable gas tariff". Official of the regulatory body said: "We held very constructive talks over the
Published 12 Dec, 2012 12:00am
Gas tariff determination: Ogra, CNG body to hold another round of talks

Gas tariff determination: Ogra, CNG body to hold another round of talks

The All-Pakistan CNG Association (APCNGA) and Oil and Gas Regulatory Authority (Ogra) on Tuesday decided to hold another round of talks for fixing "an acceptable gas tariff". Official of the regulatory body said: "We held very constructive talks over the
Published 12 Dec, 2012 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 12 Dec, 2012 12:00am
Hollande hails Malala as global symbol for equal education

Hollande hails Malala as global symbol for equal education

French President Francois Hollande Tuesday hailed Malala Yousafzai, who was shot by the Taliban for championing girls' education, as a global emblem of the thirst for knowledge. Hollande, who met President Asif Ali Zardari, said the 15-year-old was the "s
Published 12 Dec, 2012 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 12 Dec, 2012 12:00am
Hollande hails Malala as global symbol for equal education

Hollande hails Malala as global symbol for equal education

French President Francois Hollande Tuesday hailed Malala Yousafzai, who was shot by the Taliban for championing girls' education, as a global emblem of the thirst for knowledge. Hollande, who met President Asif Ali Zardari, said the 15-year-old was the "s
Published 12 Dec, 2012 12:00am
Energy, other sectors: France agrees to extend cooperation

Energy, other sectors: France agrees to extend cooperation

Pakistan and France on Tuesday agreed to further increase the cooperation in different fields including education, health, economy and energy sectors. Addressing a joint press conference French President Francoise Hollande and President Asif Ali Zardari,
Published 12 Dec, 2012 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 12 Dec, 2012 12:00am
Energy, other sectors: France agrees to extend cooperation

Energy, other sectors: France agrees to extend cooperation

Pakistan and France on Tuesday agreed to further increase the cooperation in different fields including education, health, economy and energy sectors. Addressing a joint press conference French President Francoise Hollande and President Asif Ali Zardari,
Published 12 Dec, 2012 12:00am
Energy, other sectors: France agrees to extend cooperation

Energy, other sectors: France agrees to extend cooperation

Pakistan and France on Tuesday agreed to further increase the cooperation in different fields including education, health, economy and energy sectors. Addressing a joint press conference French President Francoise Hollande and President Asif Ali Zardari,
Published 12 Dec, 2012 12:00am
50 basis points cut in key rate expected: MPS on Friday

50 basis points cut in key rate expected: MPS on Friday

The State Bank of Pakistan (SBP) will release Monetary Policy Statement (MPS) on Friday for the next two months amid expectations of a rate cut. Market is expecting only a modest 50 basis points (bps) cut in the key policy rate as inflation is easing and
Published 12 Dec, 2012 12:00am
50 basis points cut in key rate expected: MPS on Friday

50 basis points cut in key rate expected: MPS on Friday

The State Bank of Pakistan (SBP) will release Monetary Policy Statement (MPS) on Friday for the next two months amid expectations of a rate cut. Market is expecting only a modest 50 basis points (bps) cut in the key policy rate as inflation is easing and
Published 12 Dec, 2012 12:00am
50 basis points cut in key rate expected: MPS on Friday

50 basis points cut in key rate expected: MPS on Friday

The State Bank of Pakistan (SBP) will release Monetary Policy Statement (MPS) on Friday for the next two months amid expectations of a rate cut. Market is expecting only a modest 50 basis points (bps) cut in the key policy rate as inflation is easing and
Published 12 Dec, 2012 12:00am
50 basis points cut in key rate expected: MPS on Friday

50 basis points cut in key rate expected: MPS on Friday

The State Bank of Pakistan (SBP) will release Monetary Policy Statement (MPS) on Friday for the next two months amid expectations of a rate cut. Market is expecting only a modest 50 basis points (bps) cut in the key policy rate as inflation is easing and
Published 12 Dec, 2012 12:00am
BRIndex30 sinks 142.37 points

BRIndex30 sinks 142.37 points

On Tuesday, BRIndex30 opened at 11,350.9. It touched an intraday high of 11,407.72 and an intraday low of 11,200.71 and closed at 11,208.53, which was -142.37 points or -1.25 percent lower than previous close. Total volume was 71,596,900, which was 56.35
Published 12 Dec, 2012 12:00am
BRIndex30 sinks 142.37 points

BRIndex30 sinks 142.37 points

On Tuesday, BRIndex30 opened at 11,350.9. It touched an intraday high of 11,407.72 and an intraday low of 11,200.71 and closed at 11,208.53, which was -142.37 points or -1.25 percent lower than previous close. Total volume was 71,596,900, which was 56.35
Published 12 Dec, 2012 12:00am
Index loses 86 points

Index loses 86 points

Karachi Stock Exchange (KSE) for the second consecutive day on Tuesday closed in a bearish mode followed by selling pressure and thin trading activity. After various fluctuations, the benchmark KSE-100 index fell by 86 points to close at 16,701.69 points
Published 12 Dec, 2012 12:00am
Index loses 86 points

Index loses 86 points

Karachi Stock Exchange (KSE) for the second consecutive day on Tuesday closed in a bearish mode followed by selling pressure and thin trading activity. After various fluctuations, the benchmark KSE-100 index fell by 86 points to close at 16,701.69 points
Published 12 Dec, 2012 12:00am
Index loses 86 points

Index loses 86 points

Karachi Stock Exchange (KSE) for the second consecutive day on Tuesday closed in a bearish mode followed by selling pressure and thin trading activity. After various fluctuations, the benchmark KSE-100 index fell by 86 points to close at 16,701.69 points
Published 12 Dec, 2012 12:00am
Cash recovery against NPLs down 40 percent

Cash recovery against NPLs down 40 percent

The banking sector''''s cash recovery against Non-Performing Loans (NPLs) posted a notable fall of 40 percent during the third quarter of Calendar Year 2012 (CY12) as compared to second quarter mainly due to economic slowdown. Although, NPLs of banking se
Published 12 Dec, 2012 12:00am
Cash recovery against NPLs down 40 percent

Cash recovery against NPLs down 40 percent

The banking sector''s cash recovery against Non-Performing Loans (NPLs) posted a notable fall of 40 percent during the third quarter of Calendar Year 2012 (CY12) as compared to second quarter mainly due to economic slowdown. Although, NPLs of banking sect
Published 12 Dec, 2012 12:00am
Cash recovery against NPLs down 40 percent

Cash recovery against NPLs down 40 percent

The banking sector's cash recovery against Non-Performing Loans (NPLs) posted a notable fall of 40 percent during the third quarter of Calendar Year 2012 (CY12) as compared to second quarter mainly due to economic slowdown. Although, NPLs of banking secto
Published 12 Dec, 2012 12:00am
Cash recovery against NPLs down 40 percent

Cash recovery against NPLs down 40 percent

The banking sector's cash recovery against Non-Performing Loans (NPLs) posted a notable fall of 40 percent during the third quarter of Calendar Year 2012 (CY12) as compared to second quarter mainly due to economic slowdown. Although, NPLs of banking secto
Published 12 Dec, 2012 12:00am
Open export of sugar allowed

Open export of sugar allowed

The Economic Co-ordination Committee (ECC) of the Cabinet has allowed open export of sugar by doing away with the export quota for sugar mills. The ECC meeting presided over by Finance Minister Hafeez Sheikh on Tuesday was informed about the existence of
Published 12 Dec, 2012 12:00am
Open export of sugar allowed

Open export of sugar allowed

The Economic Co-ordination Committee (ECC) of the Cabinet has allowed open export of sugar by doing away with the export quota for sugar mills. The ECC meeting presided over by Finance Minister Hafeez Sheikh on Tuesday was informed about the existence of
Published 12 Dec, 2012 12:00am
Open export of sugar allowed

Open export of sugar allowed

The Economic Co-ordination Committee (ECC) of the Cabinet has allowed open export of sugar by doing away with the export quota for sugar mills. The ECC meeting presided over by Finance Minister Hafeez Sheikh on Tuesday was informed about the existence of
Published 12 Dec, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (December 11, 2012).

Published 12 Dec, 2012 12:00am
Egypt army calls for talks

Egypt army calls for talks

Egypt's powerful army called for President Mohamed Morsi and the secular opposition to meet to resolve a deepening crisis over a constitutional referendum that sparked rival mass protests on Tuesday. General Abdel Fattah al-Sissi, the country's armed forc
Published 12 Dec, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (December 11, 2012).

Published 12 Dec, 2012 12:00am
Egypt army calls for talks

Egypt army calls for talks

Egypt's powerful army called for President Mohamed Morsi and the secular opposition to meet to resolve a deepening crisis over a constitutional referendum that sparked rival mass protests on Tuesday. General Abdel Fattah al-Sissi, the country's armed forc
Published 12 Dec, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (December 11, 2012).

Published 12 Dec, 2012 12:00am
Afghan, Pakistani leaders to discuss spy chief attack

Afghan, Pakistani leaders to discuss spy chief attack

Afghan President Hamid Karzai will hold talks in Turkey with his Pakistani counterpart Ali Zardari on Tuesday following an assassination attempt on a spy chief which Kabul claimed was planned in Pakistan. A man claiming to be a Taliban peace envoy injured
Published 12 Dec, 2012 12:00am
Afghan, Pakistani leaders to discuss spy chief attack

Afghan, Pakistani leaders to discuss spy chief attack

Afghan President Hamid Karzai will hold talks in Turkey with his Pakistani counterpart Ali Zardari on Tuesday following an assassination attempt on a spy chief which Kabul claimed was planned in Pakistan. A man claiming to be a Taliban peace envoy injured
Published 12 Dec, 2012 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Tuesday (December 11, 2012).

Published 12 Dec, 2012 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (December 11, 2012).

Published 12 Dec, 2012 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (December 11, 2012).
Published 12 Dec, 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 Tuesday (December 11, 2012).

Published 12 Dec, 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 Tuesday (December 11, 2012).

Published 12 Dec, 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 Tuesday (December 11, 2012).

Published 12 Dec, 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 Tuesday (December 11, 2012).

Published 12 Dec, 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 12 Dec, 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 12 Dec, 2012 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 12 Dec, 2012 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 12 Dec, 2012 12:00am
From an idea to reality: Pakistan's Smart Card

From an idea to reality: Pakistan's Smart Card

The Wright Brothers' may be credited as the fathers of modern aircrafts but flight was, most certainly, never their original idea. References and fantasies about flying go as far back as man. The Chinese had figured kites and hot air balloons out as early
Published 12 Dec, 2012 12:00am
Kenya celebrates 49 years of independence

Kenya celebrates 49 years of independence

This year, Kenya celebrates her 49 years of Independence. On the 12th December, 1963 Kenya attained her independence from the British colonial rule with the Late Mzee Jomo Kenyatta becoming the Prime Minister. In 1964 on the same date, Kenya became a Repu
Published 12 Dec, 2012 12:00am
Message from High Commissioner of the Republic of Kenya to Pakistan

Message from High Commissioner of the Republic of Kenya to Pakistan

On this auspicious occasion of the 49th Independence Day of the Republic of Kenya, it is my humble duty and honour on behalf of H.E. Hon. Mwai Kibaki, C.G.H, M.P, President of the Republic of Kenya, the Government and the People of Kenya to convey our war
Published 12 Dec, 2012 12:00am
Soyabean export premiums steady near 3-1/2 month high

Soyabean export premiums steady near 3-1/2 month high

Soyabean export premiums at the US Gulf Coast held steady near 3-1/2 month highs on Monday due to strong demand and tight nearby supplies, traders said. Corn premiums weakened as uncompetitive prices kept a lid on export business, traders said. Traders we
Published 12 Dec, 2012 12:00am
Growth in global biodiesel output weakening: Oil World

Growth in global biodiesel output weakening: Oil World

Growth in global biodiesel production is starting to weaken after being strong for years, Hamburg-based oilseeds analysts Oil World said on Tuesday. "The growth dynamics have been lost in July/December 2012, when many important producers reduced their out
Published 12 Dec, 2012 12:00am