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Print - 2013-05-11
LME official prices

LME official prices

The following were Thursday official prices.

Published 11 May, 2013 12:00am
Indian court rejects Sanjay's judgement review plea

Indian court rejects Sanjay's judgement review plea

The Indian Supreme Court on Friday rejected Bollywood actor Sanjay Dutt's plea seeking review of its March 21 judgement upholding his conviction under the Arms Act and sentencing him to five years in jail in 1993 Mumbai serial blasts case. A bench of P Sa
Published 11 May, 2013 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on May 07, 2013.

Published 11 May, 2013 12:00am
Indian court rejects Sanjay's judgement review plea

Indian court rejects Sanjay's judgement review plea

The Indian Supreme Court on Friday rejected Bollywood actor Sanjay Dutt's plea seeking review of its March 21 judgement upholding his conviction under the Arms Act and sentencing him to five years in jail in 1993 Mumbai serial blasts case. A bench of P Sa
Published 11 May, 2013 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on May 07, 2013.

Published 11 May, 2013 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on May 07, 2013.

Published 11 May, 2013 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (May 10, 2013).

Published 11 May, 2013 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Friday (May 10, 2013) and for Saturday (May 11, 2013).
Published 11 May, 2013 12:00am
ADB dismayed at mis-procurement in Discos

ADB dismayed at mis-procurement in Discos

Asian Development Bank (ADB) has expressed dismay over mis-procurement in Discos and frequent changes in Board of Directors (BoD), a major reason for the delay in projects. Official documents reveal that ADB fielded a Mission in Pakistan for the above pro
Published 11 May, 2013 12:00am
ADB dismayed at mis-procurement in Discos

ADB dismayed at mis-procurement in Discos

Asian Development Bank (ADB) has expressed dismay over mis-procurement in Discos and frequent changes in Board of Directors (BoD), a major reason for the delay in projects. Official documents reveal that ADB fielded a Mission in Pakistan for the above pro
Published 11 May, 2013 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Friday (May 10, 2013).

Published 11 May, 2013 12:00am
ADB dismayed at mis-procurement in Discos

ADB dismayed at mis-procurement in Discos

Asian Development Bank (ADB) has expressed dismay over mis-procurement in Discos and frequent changes in Board of Directors (BoD), a major reason for the delay in projects. Official documents reveal that ADB fielded a Mission in Pakistan for the above pro
Published 11 May, 2013 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (May 10, 2013).

Published 11 May, 2013 12:00am
Candidate among four killed: ECP defers election in PS-95

Candidate among four killed: ECP defers election in PS-95

The Election Commission on Friday postponed election in PS-95 after Muhajir Qaumi Movement-backed independent candidate Shakeel Ahmed and three others were killed in a firing incident in Landhi No6 in the limits of Landhi police station area on Friday. Th
Published 11 May, 2013 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (May 10, 2013).

Published 11 May, 2013 12:00am
Candidate among four killed: ECP defers election in PS-95

Candidate among four killed: ECP defers election in PS-95

The Election Commission on Friday postponed election in PS-95 after Muhajir Qaumi Movement-backed independent candidate Shakeel Ahmed and three others were killed in a firing incident in Landhi No6 in the limits of Landhi police station area on Friday. Th
Published 11 May, 2013 12:00am
SBP extends agriculture loans tenor to five years

SBP extends agriculture loans tenor to five years

The State Bank of Pakistan extended agricultural loans tenor from three to five years for Small and Rural Enterprises under the Credit Guarantee Scheme to facilitate eligible farmers for purchase of tractors and other agricultural implements, says a circu
Published 11 May, 2013 12:00am
SBP extends agriculture loans tenor to five years

SBP extends agriculture loans tenor to five years

The State Bank of Pakistan extended agricultural loans tenor from three to five years for Small and Rural Enterprises under the Credit Guarantee Scheme to facilitate eligible farmers for purchase of tractors and other agricultural implements, says a circu
Published 11 May, 2013 12:00am
THE RUPEE: minor changes

THE RUPEE: minor changes

Marginal slide was seen on the money market on Friday as the rupee slid versus the dollar in the process of pre-election season, dealers said.
Published 11 May, 2013 12:00am
SBP extends agriculture loans tenor to five years

SBP extends agriculture loans tenor to five years

The State Bank of Pakistan extended agricultural loans tenor from three to five years for Small and Rural Enterprises under the Credit Guarantee Scheme to facilitate eligible farmers for purchase of tractors and other agricultural implements, says a circu
Published 11 May, 2013 12:00am
THE RUPEE: minor changes

THE RUPEE: minor changes

Marginal slide was seen on the money market on Friday as the rupee slid versus the dollar in the process of pre-election season, dealers said.
Published 11 May, 2013 12:00am
Taliban step up threats

Taliban step up threats

The Taliban on Friday stepped up their threats against landmark elections, warning voters to boycott polling stations to save their lives as bloody attacks targeted party offices. Campaigning ended at midnight with impassioned pleas for votes from frontru
Published 11 May, 2013 12:00am
Taliban step up threats

Taliban step up threats

The Taliban on Friday stepped up their threats against landmark elections, warning voters to boycott polling stations to save their lives as bloody attacks targeted party offices. Campaigning ended at midnight with impassioned pleas for votes from frontru
Published 11 May, 2013 12:00am
Magisterial powers granted to POs Troops deployed to support LEAs

Magisterial powers granted to POs Troops deployed to support LEAs

In a bid to hold free, fair and transparent general elections 2013 and to tackle all exigencies linked with security matters, the army has been deputed all over the country to provide back up to other law enforcement agencies (LEAs) deployed to protect hi
Published 11 May, 2013 12:00am
Magisterial powers granted to POs Troops deployed to support LEAs

Magisterial powers granted to POs Troops deployed to support LEAs

In a bid to hold free, fair and transparent general elections 2013 and to tackle all exigencies linked with security matters, the army has been deputed all over the country to provide back up to other law enforcement agencies (LEAs) deployed to protect hi
Published 11 May, 2013 12:00am
Saudi Arabia warns illegals face jail after July 3

Saudi Arabia warns illegals face jail after July 3

The Saudi government warned on Friday that illegal foreign workers risk being slapped with prison sentences and fines after a three-month grace period runs out on July 3. Additionally, employers or those who shelter illegal workers will be liable to up to
Published 11 May, 2013 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (May 10, 2013).

Published 11 May, 2013 12:00am
Saudi Arabia warns illegals face jail after July 3

Saudi Arabia warns illegals face jail after July 3

The Saudi government warned on Friday that illegal foreign workers risk being slapped with prison sentences and fines after a three-month grace period runs out on July 3. Additionally, employers or those who shelter illegal workers will be liable to up to
Published 11 May, 2013 12:00am
Mobile service to stay open

Mobile service to stay open

The mobile service would remain open and not suspended in any city of the country on election day on Saturday. The Ministry of Interior has not taken any decision so far regarding closure of mobile service in any part of the country, said a spokesman of t
Published 11 May, 2013 12:00am
Mobile service to stay open

Mobile service to stay open

The mobile service would remain open and not suspended in any city of the country on election day on Saturday. The Ministry of Interior has not taken any decision so far regarding closure of mobile service in any part of the country, said a spokesman of t
Published 11 May, 2013 12:00am
Postal ballot: Bilawal denied permission, says Taj Haider

Postal ballot: Bilawal denied permission, says Taj Haider

The chairman of the Pakistan People's Party - denied a postal ballot - will not vote in Saturday's elections because of threats to his life, a senior party official said. PPP leader Benazir Bhutto was assassinated in 2007, just before the last elections,
Published 11 May, 2013 12:00am
Postal ballot: Bilawal denied permission, says Taj Haider

Postal ballot: Bilawal denied permission, says Taj Haider

The chairman of the Pakistan People's Party - denied a postal ballot - will not vote in Saturday's elections because of threats to his life, a senior party official said. PPP leader Benazir Bhutto was assassinated in 2007, just before the last elections,
Published 11 May, 2013 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 11 May, 2013 12:00am
Final polls predict tight Bulgarian election

Final polls predict tight Bulgarian election

Bulgaria's main parties are headed for a close race in Sunday's elections, final polls suggested Friday as analysts predicted a hung parliament and fresh protests in the EU's poorest country. According to eight new opinion surveys, former bodyguard ex-pre
Published 11 May, 2013 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 11 May, 2013 12:00am
Despite winning top world

Despite winning top world

Brazil campaigned hard to get the top job at the World Trade Organisation this week but behind closed doors even it acknowledges that the WTO's main mission - pushing forward in global trade talks - looks for the moment like a lost cause. Instead, Preside
Published 11 May, 2013 12:00am
Kazakhstan plans up to $1 billion Eurobond this year

Kazakhstan plans up to $1 billion Eurobond this year

Oil-rich Kazakhstan will return to global bond markets this year with an issue of up to $1 billion and has invited banks to apply to manage the deal, Finance Minister Bolat Zhamishev said on Friday. Kazakhstan has one of the lowest public debt ratios in e
Published 11 May, 2013 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 11 May, 2013 12:00am
Kazakhstan plans up to $1 billion Eurobond this year

Kazakhstan plans up to $1 billion Eurobond this year

Oil-rich Kazakhstan will return to global bond markets this year with an issue of up to $1 billion and has invited banks to apply to manage the deal, Finance Minister Bolat Zhamishev said on Friday. Kazakhstan has one of the lowest public debt ratios in e
Published 11 May, 2013 12:00am
ISE equities rise

ISE equities rise

Bulls dominated the proceedings at the Islamabad Stock Exchange (ISE) on Friday 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 46.36 points as the ISE Ten
Published 11 May, 2013 12:00am
ISE equities rise

ISE equities rise

Bulls dominated the proceedings at the Islamabad Stock Exchange (ISE) on Friday 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 46.36 points as the ISE Ten
Published 11 May, 2013 12:00am
LSE equities register gains

LSE equities register gains

Bullish sentiments dominated for another day on the Lahore Stock Exchange and the equities registered gains across the board amid marginally decreased trading turnover. The LSE-25 index was improved to 4156.26 against 4105.85 of Thursday, denoting a gain
Published 11 May, 2013 12:00am
LSE equities register gains

LSE equities register gains

Bullish sentiments dominated for another day on the Lahore Stock Exchange and the equities registered gains across the board amid marginally decreased trading turnover. The LSE-25 index was improved to 4156.26 against 4105.85 of Thursday, denoting a gain
Published 11 May, 2013 12:00am
BRIndex30 surges to 117.34 points

BRIndex30 surges to 117.34 points

BRIndex30 opened at 12,615.17 and closed at 12,732.51 with a net positive change of 117.34 points or 0.93 percent higher than previous close. Total volume was 145,205,700 which was 66.55 percent of All Share Volume and 101.83 percent of KSE 100 Index volu
Published 11 May, 2013 12:00am
BRIndex30 surges to 117.34 points

BRIndex30 surges to 117.34 points

BRIndex30 opened at 12,615.17 and closed at 12,732.51 with a net positive change of 117.34 points or 0.93 percent higher than previous close. Total volume was 145,205,700 which was 66.55 percent of All Share Volume and 101.83 percent of KSE 100 Index volu
Published 11 May, 2013 12:00am
Index crosses 19,916-barrier

Index crosses 19,916-barrier

The benchmark KSE-100 index continued to breach fresh psychological barriers and Friday it touched another historic high of 19,916.27 against 19,661.46 Thursday. Karachi stock market witnessed bull run on the last day of the week and the 100-index gained
Published 11 May, 2013 12:00am
Index crosses 19,916-barrier

Index crosses 19,916-barrier

The benchmark KSE-100 index continued to breach fresh psychological barriers and Friday it touched another historic high of 19,916.27 against 19,661.46 Thursday. Karachi stock market witnessed bull run on the last day of the week and the 100-index gained
Published 11 May, 2013 12:00am
Index crosses 19,916-barrier

Index crosses 19,916-barrier

The benchmark KSE-100 index continued to breach fresh psychological barriers and Friday it touched another historic high of 19,916.27 against 19,661.46 Thursday. Karachi stock market witnessed bull run on the last day of the week and the 100-index gained
Published 11 May, 2013 12:00am
Kidnapping of Gilani's son: police still in the dark

Kidnapping of Gilani's son: police still in the dark

Police failed to trace the whereabouts of former Prime Minister Syed Yousuf Raza Gilani's son, Syed Ali Haider Gilani, even after the passage of 24 hours after his kidnapping. However, Seetal Mari Police have registered a case under Anti-Terrorism Act aga
Published 11 May, 2013 12:00am
Kidnapping of Gilani's son: police still in the dark

Kidnapping of Gilani's son: police still in the dark

Police failed to trace the whereabouts of former Prime Minister Syed Yousuf Raza Gilani's son, Syed Ali Haider Gilani, even after the passage of 24 hours after his kidnapping. However, Seetal Mari Police have registered a case under Anti-Terrorism Act aga
Published 11 May, 2013 12:00am
Riaz appointed OGDCL managing director

Riaz appointed OGDCL managing director

The Board of Directors (BoD) of Oil and Gas Development Company Limited (OGDCL) has passed a resolution to appoint M Riaz Khan as new Managing Director (MD) of the company. Khan has replaced Masood Siddiqui who was sacked by caretaker government over char
Published 11 May, 2013 12:00am
Riaz appointed OGDCL managing director

Riaz appointed OGDCL managing director

The Board of Directors (BoD) of Oil and Gas Development Company Limited (OGDCL) has passed a resolution to appoint M Riaz Khan as new Managing Director (MD) of the company. Khan has replaced Masood Siddiqui who was sacked by caretaker government over char
Published 11 May, 2013 12:00am
Riaz appointed OGDCL managing director

Riaz appointed OGDCL managing director

The Board of Directors (BoD) of Oil and Gas Development Company Limited (OGDCL) has passed a resolution to appoint M Riaz Khan as new Managing Director (MD) of the company. Khan has replaced Masood Siddiqui who was sacked by caretaker government over char
Published 11 May, 2013 12:00am
Bernanke warns shadow banking risks persist

Bernanke warns shadow banking risks persist

US Federal Reserve Chairman Ben Bernanke said on Friday that the shadow banking system still posed a threat to financial stability, and funding markets might still not be able to cope with a major default. In a wide-ranging speech explaining the Fed''s ro
Published 11 May, 2013 12:00am
Bernanke warns shadow banking risks persist

Bernanke warns shadow banking risks persist

US Federal Reserve Chairman Ben Bernanke said on Friday that the shadow banking system still posed a threat to financial stability, and funding markets might still not be able to cope with a major default. In a wide-ranging speech explaining the Fed's rol
Published 11 May, 2013 12:00am
Bernanke warns shadow banking risks persist

Bernanke warns shadow banking risks persist

US Federal Reserve Chairman Ben Bernanke said on Friday that the shadow banking system still posed a threat to financial stability, and funding markets might still not be able to cope with a major default. In a wide-ranging speech explaining the Fed's rol
Published 11 May, 2013 12:00am
Policy discussions: IMF team due in late June

Policy discussions: IMF team due in late June

International Monetary Fund (IMF) team is due in Pakistan in late June for holding policy discussions on mitigating economic vulnerabilities with the new government after the forthcoming general elections. Gerry Rice, Director Communications Department IM
Published 11 May, 2013 12:00am
Policy discussions: IMF team due in late June

Policy discussions: IMF team due in late June

International Monetary Fund (IMF) team is due in Pakistan in late June for holding policy discussions on mitigating economic vulnerabilities with the new government after the forthcoming general elections. Gerry Rice, Director Communications Department IM
Published 11 May, 2013 12:00am
Policy discussions: IMF team due in late June

Policy discussions: IMF team due in late June

International Monetary Fund (IMF) team is due in Pakistan in late June for holding policy discussions on mitigating economic vulnerabilities with the new government after the forthcoming general elections. Gerry Rice, Director Communications Department IM
Published 11 May, 2013 12:00am
Washington looks forward to free, fair polls

Washington looks forward to free, fair polls

The United States on Friday said that it looked forward to witness a transparent and fair electoral process in Pakistan and engaging with the next democratically-elected government. The statement comes a day ahead of Saturday's (May 11) general elections.
Published 11 May, 2013 12:00am
Washington looks forward to free, fair polls

Washington looks forward to free, fair polls

The United States on Friday said that it looked forward to witness a transparent and fair electoral process in Pakistan and engaging with the next democratically-elected government. The statement comes a day ahead of Saturday's (May 11) general elections.
Published 11 May, 2013 12:00am
Caretakers expect over 50 percent turnout

Caretakers expect over 50 percent turnout

The caretaker government has said that it expects turnout of over 50 percent in today's general elections despite fear of terrorism. It assured the voters that around 600,000 law enforcement agencies' personnel would be deployed at the polling stations fo
Published 11 May, 2013 12:00am