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Nov 13, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2013-04-04
THE RUPEE: firm trend

THE RUPEE: firm trend

The rupee managed to hold its present level against the dollar despite strong demand for dollars to clear the payments, dealers said on the money market on Wednesday. Traditionally, it was observed that before elections, the dollar's demand came down due
Published 04 Apr, 2013 12:00am
Clarification

Clarification

This is apropos news item carried by Business Recorder on April 3, 2013 regarding award of contract for laying of Iran-Pakistan Pipeline to Tadbir Energy Company of Iran. It is clarified that the news item is baseless, misleading and replete with i
Published 04 Apr, 2013 12:00am
Clarification

Clarification

This is apropos news item carried by Business Recorder on April 3, 2013 regarding award of contract for laying of Iran-Pakistan Pipeline to Tadbir Energy Company of Iran. It is clarified that the news item is baseless, misleading and replete with i
Published 04 Apr, 2013 12:00am
Clarification

Clarification

This is apropos news item carried by Business Recorder on April 3, 2013 regarding award of contract for laying of Iran-Pakistan Pipeline to Tadbir Energy Company of Iran. It is clarified that the news item is baseless, misleading and replete with i
Published 04 Apr, 2013 12:00am
Banks plan to open 715 new branches under ABEP

Banks plan to open 715 new branches under ABEP

In order to further expand the banking services across the country, banks intend to open 715 new branches under their annual branch expansion plan during the current calendar year 2013 (CY13). Sources in the banking sector told Business Recorder on
Published 04 Apr, 2013 12:00am
Banks plan to open 715 new branches under ABEP

Banks plan to open 715 new branches under ABEP

In order to further expand the banking services across the country, banks intend to open 715 new branches under their annual branch expansion plan during the current calendar year 2013 (CY13). Sources in the banking sector told Business Recorder on
Published 04 Apr, 2013 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (April 03, 2013).

Published 04 Apr, 2013 12:00am
Banks plan to open 715 new branches under ABEP

Banks plan to open 715 new branches under ABEP

In order to further expand the banking services across the country, banks intend to open 715 new branches under their annual branch expansion plan during the current calendar year 2013 (CY13). Sources in the banking sector told Business Recorder on
Published 04 Apr, 2013 12:00am
Madonna to auction art for Pakistani, Afghan girls

Madonna to auction art for Pakistani, Afghan girls

Madonna is selling an abstract painting by French artist Fernand Leger worth up to $7 million, saying she wants to trade something valuable for something invaluable - art for education. The singer said she was selling the painting, "Trois Femmes a la tabl
Published 04 Apr, 2013 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 04 Apr, 2013 12:00am
Madonna to auction art for Pakistani, Afghan girls

Madonna to auction art for Pakistani, Afghan girls

Madonna is selling an abstract painting by French artist Fernand Leger worth up to $7 million, saying she wants to trade something valuable for something invaluable - art for education. The singer said she was selling the painting, "Trois Femmes a la tabl
Published 04 Apr, 2013 12:00am
LSE index up by 9.64 points

LSE index up by 9.64 points

Mixed sentiments prevailed on the Lahore Stock Exchange on Wednesday where equities registered gains amid decreased trading turnover due to lacking interest on the part of buyers. The LSE-25 index was improved by 9.64 points to close at 4149.75 against 41
Published 04 Apr, 2013 12:00am
LSE index up by 9.64 points

LSE index up by 9.64 points

Mixed sentiments prevailed on the Lahore Stock Exchange on Wednesday where equities registered gains amid decreased trading turnover due to lacking interest on the part of buyers. The LSE-25 index was improved by 9.64 points to close at 4149.75 against 41
Published 04 Apr, 2013 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 04 Apr, 2013 12:00am
Bulls dominate ISE

Bulls dominate ISE

Bulls dominated the proceedings at the Islamabad Stock Exchange (ISE) on Wednesday where equities continued to move in upward direction with positive trend at the ISE amid increase in index. ISE Ten Index showed an improvement of 41.96 points as the ISE T
Published 04 Apr, 2013 12:00am
Bulls dominate ISE

Bulls dominate ISE

Bulls dominated the proceedings at the Islamabad Stock Exchange (ISE) on Wednesday where equities continued to move in upward direction with positive trend at the ISE amid increase in index. ISE Ten Index showed an improvement of 41.96 points as the ISE T
Published 04 Apr, 2013 12:00am
Prime Minister reshuffles top bureaucracy

Prime Minister reshuffles top bureaucracy

Caretaker Prime Minister Mir Hazar Khan Khoso on Wednesday reshuffled top bureaucracy with transfers and postings of 76 high ranking officers, a private TV channel reported. Quoting unnamed sources, the channel said that Nasir Khosa has been posted as Fed
Published 04 Apr, 2013 12:00am
Prime Minister reshuffles top bureaucracy

Prime Minister reshuffles top bureaucracy

Caretaker Prime Minister Mir Hazar Khan Khoso on Wednesday reshuffled top bureaucracy with transfers and postings of 76 high ranking officers, a private TV channel reported. Quoting unnamed sources, the channel said that Nasir Khosa has been posted as Fed
Published 04 Apr, 2013 12:00am
Two portfolios to be overseen by Prime Minister?

Two portfolios to be overseen by Prime Minister?

Finance, Petroleum and Foreign Affairs portfolios would be overseen by the Prime Minister himself in the short term, informed sources disclosed to this correspondent. Caretaker Prime Minister Mir Hazar Khan Khoso remains indecisive about who to allocate k
Published 04 Apr, 2013 12:00am
Two portfolios to be overseen by Prime Minister?

Two portfolios to be overseen by Prime Minister?

Finance, Petroleum and Foreign Affairs portfolios would be overseen by the Prime Minister himself in the short term, informed sources disclosed to this correspondent. Caretaker Prime Minister Mir Hazar Khan Khoso remains indecisive about who to allocate k
Published 04 Apr, 2013 12:00am
BRIndex30 gains 108.23 points

BRIndex30 gains 108.23 points

On Wednesday, BRIndex30 opened at 12,465.88. It touched an intraday high of 12,590.73 and an intraday low of 12,407.45 and closed at 12,574.11 which was 108.23 points or 0.87 percent higher than previous close. Total volume was 145,185,900, which was 71.3
Published 04 Apr, 2013 12:00am
BRIndex30 gains 108.23 points

BRIndex30 gains 108.23 points

On Wednesday, BRIndex30 opened at 12,465.88. It touched an intraday high of 12,590.73 and an intraday low of 12,407.45 and closed at 12,574.11 which was 108.23 points or 0.87 percent higher than previous close. Total volume was 145,185,900, which was 71.3
Published 04 Apr, 2013 12:00am
Index touches ever-highest level

Index touches ever-highest level

Karachi Share Market witnessed again an all-time-high trend on third consecutive day as the benchmark 100-index gained 230.14 points or 1.25 percent to close at 18,575.88 points against 18,345.74 points on a day earlier. The local bourse market opened in
Published 04 Apr, 2013 12:00am
Index touches ever-highest level

Index touches ever-highest level

Karachi Share Market witnessed again an all-time-high trend on third consecutive day as the benchmark 100-index gained 230.14 points or 1.25 percent to close at 18,575.88 points against 18,345.74 points on a day earlier. The local bourse market opened in
Published 04 Apr, 2013 12:00am
Index touches ever-highest level

Index touches ever-highest level

Karachi Share Market witnessed again an all-time-high trend on third consecutive day as the benchmark 100-index gained 230.14 points or 1.25 percent to close at 18,575.88 points against 18,345.74 points on a day earlier. The local bourse market opened in
Published 04 Apr, 2013 12:00am
Austerity in rich countries hits international aid: OECD

Austerity in rich countries hits international aid: OECD

Rich countries applying budget austerity cut their aid to developing countries by 4.0 percent last year, the OECD said on Wednesday, with the poorest countries taking the brunt of the cutbacks. Development aid from the OECD''s 34 member countries has drop
Published 04 Apr, 2013 12:00am
Austerity in rich countries hits international aid: OECD

Austerity in rich countries hits international aid: OECD

Rich countries applying budget austerity cut their aid to developing countries by 4.0 percent last year, the OECD said on Wednesday, with the poorest countries taking the brunt of the cutbacks. Development aid from the OECD's 34 member countries has dropp
Published 04 Apr, 2013 12:00am
Austerity in rich countries hits international aid: OECD

Austerity in rich countries hits international aid: OECD

Rich countries applying budget austerity cut their aid to developing countries by 4.0 percent last year, the OECD said on Wednesday, with the poorest countries taking the brunt of the cutbacks. Development aid from the OECD's 34 member countries has dropp
Published 04 Apr, 2013 12:00am
Former Goldman trader charged in $118 million fraud

Former Goldman trader charged in $118 million fraud

A former trader with US banking giant Goldman Sachs was arrested Wednesday on criminal charges of fraud linked to a scheme to hide an $8 billion futures bet, officials said. Matthew Marshall Taylor "was in FBI custody as of early this morning," a source f
Published 04 Apr, 2013 12:00am
Former Goldman trader charged in $118 million fraud

Former Goldman trader charged in $118 million fraud

A former trader with US banking giant Goldman Sachs was arrested Wednesday on criminal charges of fraud linked to a scheme to hide an $8 billion futures bet, officials said. Matthew Marshall Taylor "was in FBI custody as of early this morning," a source f
Published 04 Apr, 2013 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (April 03, 2013).

Published 04 Apr, 2013 12:00am
Former Goldman trader charged in $118 million fraud

Former Goldman trader charged in $118 million fraud

A former trader with US banking giant Goldman Sachs was arrested Wednesday on criminal charges of fraud linked to a scheme to hide an $8 billion futures bet, officials said. Matthew Marshall Taylor "was in FBI custody as of early this morning," a source f
Published 04 Apr, 2013 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (April 03, 2013).

Published 04 Apr, 2013 12:00am
Caretaker minister promises to reduce power loadshedding

Caretaker minister promises to reduce power loadshedding

Caretaker Minister for Water and Power, Dr Musaddiq Malik said on Wednesday that his top priority is to reduce power loadshedding during his stay in the Ministry but will not make any unrealistic promise. Talking to Business Recorder prior to forma
Published 04 Apr, 2013 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (April 03, 2013).

Published 04 Apr, 2013 12:00am
Caretaker minister promises to reduce power loadshedding

Caretaker minister promises to reduce power loadshedding

Caretaker Minister for Water and Power, Dr Musaddiq Malik said on Wednesday that his top priority is to reduce power loadshedding during his stay in the Ministry but will not make any unrealistic promise. Talking to Business Recorder prior to forma
Published 04 Apr, 2013 12:00am
Caretaker minister promises to reduce power loadshedding

Caretaker minister promises to reduce power loadshedding

Caretaker Minister for Water and Power, Dr Musaddiq Malik said on Wednesday that his top priority is to reduce power loadshedding during his stay in the Ministry but will not make any unrealistic promise. Talking to Business Recorder prior to forma
Published 04 Apr, 2013 12:00am
Legalised vehicles: FIA begins to seize customs'' records

Legalised vehicles: FIA begins to seize customs'' records

Federal Investigation Agency (FIA) has launched a countrywide exercise for seizure of relevant customs records of all vehicles legalised under the amnesty scheme of the Federal Board of Revenue (FBR). A senior official of Federal Investigation Agency (FIA
Published 04 Apr, 2013 12:00am
Legalised vehicles: FIA begins to seize customs' records

Legalised vehicles: FIA begins to seize customs' records

Federal Investigation Agency (FIA) has launched a countrywide exercise for seizure of relevant customs records of all vehicles legalised under the amnesty scheme of the Federal Board of Revenue (FBR). A senior official of Federal Investigation Agency (FIA
Published 04 Apr, 2013 12:00am
Legalised vehicles: FIA begins to seize customs' records

Legalised vehicles: FIA begins to seize customs' records

Federal Investigation Agency (FIA) has launched a countrywide exercise for seizure of relevant customs records of all vehicles legalised under the amnesty scheme of the Federal Board of Revenue (FBR). A senior official of Federal Investigation Agency (FIA
Published 04 Apr, 2013 12:00am
Non-NTN holder candidates'' number jumps to 8,000

Non-NTN holder candidates'' number jumps to 8,000

The number of candidates contesting the upcoming elections, who haven''t National Tax Number (NTN), has steeply jumped to around 8,000 mark, as verified and communicated by the Federal Board of Revenue (FBR) to the Election Commission of Pakistan (ECP).
Published 04 Apr, 2013 12:00am
Non-NTN holder candidates' number jumps to 8,000

Non-NTN holder candidates' number jumps to 8,000

The number of candidates contesting the upcoming elections, who haven't National Tax Number (NTN), has steeply jumped to around 8,000 mark, as verified and communicated by the Federal Board of Revenue (FBR) to the Election Commission of Pakistan (ECP).
Published 04 Apr, 2013 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Wednesday (April 03, 2013).

Published 04 Apr, 2013 12:00am
Non-NTN holder candidates' number jumps to 8,000

Non-NTN holder candidates' number jumps to 8,000

The number of candidates contesting the upcoming elections, who haven't National Tax Number (NTN), has steeply jumped to around 8,000 mark, as verified and communicated by the Federal Board of Revenue (FBR) to the Election Commission of Pakistan (ECP).
Published 04 Apr, 2013 12:00am
New format of nomination papers: LHC seeks reply from ECP

New format of nomination papers: LHC seeks reply from ECP

The Lahore High Court on Wednesday issued notice to the secretary of the Election Commission of Pakistan (ECP) and a law officer, asking them to submit replies on Thursday (today) in a petition challenging the new format of the nomination papers allegedly
Published 04 Apr, 2013 12:00am
New format of nomination papers: LHC seeks reply from ECP

New format of nomination papers: LHC seeks reply from ECP

The Lahore High Court on Wednesday issued notice to the secretary of the Election Commission of Pakistan (ECP) and a law officer, asking them to submit replies on Thursday (today) in a petition challenging the new format of the nomination papers allegedly
Published 04 Apr, 2013 12:00am
ECP issues code of conduct for media

ECP issues code of conduct for media

The Election Commission of Pakistan (ECP) on Wednesday issued a code of conduct to be observed by private and state-owned media during the general elections 2013. The Commission will evolve a suitable mechanism for the implementation of Media Code of Ethi
Published 04 Apr, 2013 12:00am
ECP issues code of conduct for media

ECP issues code of conduct for media

The Election Commission of Pakistan (ECP) on Wednesday issued a code of conduct to be observed by private and state-owned media during the general elections 2013. The Commission will evolve a suitable mechanism for the implementation of Media Code of Ethi
Published 04 Apr, 2013 12:00am
Fake degrees issue: ECP summons 27 former lawmakers

Fake degrees issue: ECP summons 27 former lawmakers

The Election Commission of Pakistan (ECP) on Wednesday summoned 27 former federal and provincial lawmakers on April 5 over the fake degrees issue, Secretary ECP Ishtiaq Ahmed Khan said on Wednesday. A meeting of ECP was held with Chief Election Commission
Published 04 Apr, 2013 12:00am
Fake degrees issue: ECP summons 27 former lawmakers

Fake degrees issue: ECP summons 27 former lawmakers

The Election Commission of Pakistan (ECP) on Wednesday summoned 27 former federal and provincial lawmakers on April 5 over the fake degrees issue, Secretary ECP Ishtiaq Ahmed Khan said on Wednesday. A meeting of ECP was held with Chief Election Commission
Published 04 Apr, 2013 12:00am
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