News Archives for Print - 2013-05-14

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 3rd May, 2013

Published 14 May, 2013 12:00am

Most of corruption-tainted politicians defeated

Most of the corruption-tainted politicians including two former Prime Ministers have been shown the door in the general elections with the exception of President Pakistan Peoples Party Parliamentarians (PPPP), Makhdoom Amin Fahim, who has returned to the

Published 14 May, 2013 12:00am

Pakistan Economic Indicators

Pakistan Economic Indicators - May 13, 2013.

Published 14 May, 2013 12:00am

Most of corruption-tainted politicians defeated

Most of the corruption-tainted politicians including two former Prime Ministers have been shown the door in the general elections with the exception of President Pakistan Peoples Party Parliamentarians (PPPP), Makhdoom Amin Fahim, who has returned to the

Published 14 May, 2013 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (May 13, 2013).

Published 14 May, 2013 12:00am

CE TDAP's contract terminated

The Ministry of Commerce has terminated the contract of Chief Executive Trade Development Authority of Pakistan (TDAP) Abid Javed Akbar effective May 15, 2013, well informed sources told Business Recorder on Monday. "I confirm that the contract of

Published 14 May, 2013 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (May 13, 2013).

Published 14 May, 2013 12:00am

CE TDAP's contract terminated

The Ministry of Commerce has terminated the contract of Chief Executive Trade Development Authority of Pakistan (TDAP) Abid Javed Akbar effective May 15, 2013, well informed sources told Business Recorder on Monday. "I confirm that the contract of

Published 14 May, 2013 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Monday (May 13, 2013).

Published 14 May, 2013 12:00am

Kerry hoping to visit Pakistan soon

US Secretary of State John Kerry is hoping to visit Pakistan soon, once the new government of incoming Prime Minister Nawaz Sharif is in place, a US official said Monday. The two men already spoke on the phone on Sunday, when the top US diplomat called Sh

Published 14 May, 2013 12:00am

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Monday (May 13, 2013).

Published 14 May, 2013 12:00am

Kerry hoping to visit Pakistan soon

US Secretary of State John Kerry is hoping to visit Pakistan soon, once the new government of incoming Prime Minister Nawaz Sharif is in place, a US official said Monday. The two men already spoke on the phone on Sunday, when the top US diplomat called Sh

Published 14 May, 2013 12:00am

THE RUPEE: slight fall

The rupee drifted slightly lower against the dollar on the currency market on Monday amid post-election season, dealers said. Thank God, the general election 2013 held in the country. It is highly expected that the new government will prove itself better

Published 14 May, 2013 12:00am

Punjab Governor resigns

Punjab Governor Makhdoom Ahmed Mahmood on Monday moved his resignation to President Asif Ali Zardari and hoped that President would accept it. Addressing a news conference at the Governor's house Mahmood said "I have forwarded my resignation to President

Published 14 May, 2013 12:00am

THE RUPEE: slight fall

The rupee drifted slightly lower against the dollar on the currency market on Monday amid post-election season, dealers said. Thank God, the general election 2013 held in the country. It is highly expected that the new government will prove itself better

Published 14 May, 2013 12:00am

Punjab Governor resigns

Punjab Governor Makhdoom Ahmed Mahmood on Monday moved his resignation to President Asif Ali Zardari and hoped that President would accept it. Addressing a news conference at the Governor's house Mahmood said "I have forwarded my resignation to President

Published 14 May, 2013 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Monday (May 13, 2013).

Published 14 May, 2013 12:00am

Lifetime ban for Berlusconi requested at sex trial

Italian prosecutors on Monday called for former prime minister Silvio Berlusconi to be banned from politics forever and serve six years in prison for having sex with an underage prostitute and abusing his official powers. "There is no doubt that Silvio Be

Published 14 May, 2013 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Monday (May 13, 2013).

Published 14 May, 2013 12:00am

Obama emphasises importance of greater Pak-Afghan dialogue

President Barack Obama on Monday underscored the importance of greater dialogue between Pakistan and Afghanistan, describing it as critical to regional security. "I want to commend (Prime Minister) David (Cameron) for his efforts to encourage greater dial

Published 14 May, 2013 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Monday (May 13, 2013).

Published 14 May, 2013 12:00am

Afghan Taliban support polio vaccination campaign

Afghan Taliban on Monday announced they would support polio vaccinations, but warned foreigners not to participate in the campaigns. The insurgents said they supported all programs "which work for the healthcare of the helpless people of our country."

Published 14 May, 2013 12:00am

Cross Transactions between Client to Client & Financial Institutions

The following were the cross transactions between client to client & financial institutions here on Monday (May 13, 2013).

Published 14 May, 2013 12:00am

Kuwait's MPs file to grill oil minister over Dow Chemical penalty

Three Kuwaiti lawmakers on Monday requested to question Oil Minister Hani Hussein over the payment of a $2.2-billion penalty to Dow Chemical after the emirate pulled out of a deal with the US firm. Saadun Hammad, Nasser al-Marri and Yacoub al-Sane also ch

Published 14 May, 2013 12:00am

Member to Member

The following transactions member to member subsequently reported on Monday (May 13, 2013).

Published 14 May, 2013 12:00am

Most Latvians oppose joining eurozone: poll

A majority of Latvians oppose their government's drive to join the eurozone this coming January, an opinion poll in the EU Baltic state showed on Monday. Sixty-two percent of respondents do not favour the currency switch, compared to 36 percent who said t

Published 14 May, 2013 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Monday (May 13, 2013)

Published 14 May, 2013 12:00am

Bugs are food of the future: UN agency

Beetles, caterpillars and wasps could supplement diets around the world as an environmentally friendly food source if only Western consumers could get over their "disgust", the UN's Food and Agriculture Organisation (FAO) said on Monday. "The main message

Published 14 May, 2013 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Monday (May 13, 2013)

Published 14 May, 2013 12:00am

Bulls strengthen at ISE

Equities moved in upward direction at the first post-election rally at the Islamabad Stock Exchange (ISE) where bulls strengthened their positions with increase in prices of all star performer shares amid increase in index. ISE Ten Index showed an improve

Published 14 May, 2013 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Monday (May 13, 2013)

Published 14 May, 2013 12:00am

Bulls strengthen at ISE

Equities moved in upward direction at the first post-election rally at the Islamabad Stock Exchange (ISE) where bulls strengthened their positions with increase in prices of all star performer shares amid increase in index. ISE Ten Index showed an improve

Published 14 May, 2013 12:00am

BRIndex30 and BR Sectoral Indices

BRIndex30 and BR Sectoral Indices on Monday (May 13, 2013).

Published 14 May, 2013 12:00am

LSE equities register gains

Bullish sentiments prevailed on the Lahore Stock Exchange on Monday and the equities registered gains amid improved trading turnover. The LSE-25 index gained 38.44 points to close at 4195.04 against 4156.60 of last Friday while trading turnover was increa

Published 14 May, 2013 12:00am

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 14 May, 2013 12:00am

LSE equities register gains

Bullish sentiments prevailed on the Lahore Stock Exchange on Monday and the equities registered gains amid improved trading turnover. The LSE-25 index gained 38.44 points to close at 4195.04 against 4156.60 of last Friday while trading turnover was increa

Published 14 May, 2013 12:00am

Dividend/Bonus Announcements

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

Published 14 May, 2013 12:00am

Tackling energy crisis: PML-N government may merge ministries

Pakistan Muslim League Nawaz (PML-N) is likely to integrate the Ministry of Water and Power and the Ministry of Petroleum and Natural Resources into one ministry to be named as Ministry for Energy and Natural Resources. A senior PML-N member told Busin

Published 14 May, 2013 12:00am

Last date of renunciation/payment

Last dates of renunciation/payment.

Published 14 May, 2013 12:00am

Tackling energy crisis: PML-N government may merge ministries

Pakistan Muslim League Nawaz (PML-N) is likely to integrate the Ministry of Water and Power and the Ministry of Petroleum and Natural Resources into one ministry to be named as Ministry for Energy and Natural Resources. A senior PML-N member told Busin
Published 14 May, 2013 12:00am

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 14 May, 2013 12:00am

Tackling energy crisis: PML-N government may merge ministries

Pakistan Muslim League Nawaz (PML-N) is likely to integrate the Ministry of Water and Power and the Ministry of Petroleum and Natural Resources into one ministry to be named as Ministry for Energy and Natural Resources. A senior PML-N member told Busin
Published 14 May, 2013 12:00am

Clearing Schedule for T+2 System

Karachi Stock Exchange's Clearing Schedule for T+2 System.

Published 14 May, 2013 12:00am

BRIndex30 gains 188.82 points

On Mon-day, BRIndex30 opened at 12,732.51 and closed at 12,921.33 with a net positive change of 188.82 points or 1.48 percent higher than previous close. Total Volume was 185,988,400 which was 66.36 percent of All Share Volume and 98.4 percent of KSE 100
Published 14 May, 2013 12:00am

Dates of Closure of Books & Annual General Meetings

Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed on the stock exchanges.

Published 14 May, 2013 12:00am

BRIndex30 gains 188.82 points

On Mon-day, BRIndex30 opened at 12,732.51 and closed at 12,921.33 with a net positive change of 188.82 points or 1.48 percent higher than previous close. Total Volume was 185,988,400 which was 66.36 percent of All Share Volume and 98.4 percent of KSE 100
Published 14 May, 2013 12:00am

EFU GUARANT GROWTH FUND Rates

EFU Guarant Growth Fund Rates on Monday (May 13, 2013).

Published 14 May, 2013 12:00am

Index hits historic high

On the smooth holding of May 11 polls, Karachi Stock Exchange (KSE) Monday witnessed bull-run and the benchmark 100 share index breached another psychological barrier to close at 20,244.82 from 19,916.27 points Friday. The local bourse opened in green zon
Published 14 May, 2013 12:00am

EFU GUARANT GROWTH FUND Rates

EFU Guarant Growth Fund Rates on Monday (May 13, 2013).

Published 14 May, 2013 12:00am

Index hits historic high

On the smooth holding of May 11 polls, Karachi Stock Exchange (KSE) Monday witnessed bull-run and the benchmark 100 share index breached another psychological barrier to close at 20,244.82 from 19,916.27 points Friday. The local bourse opened in green zon
Published 14 May, 2013 12:00am

EFU GUARANT GROWTH FUND Rates

EFU Guarant Growth Fund Rates on Monday (May 13, 2013).

Published 14 May, 2013 12:00am

Index hits historic high

On the smooth holding of May 11 polls, Karachi Stock Exchange (KSE) Monday witnessed bull-run and the benchmark 100 share index breached another psychological barrier to close at 20,244.82 from 19,916.27 points Friday. The local bourse opened in green zon
Published 14 May, 2013 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Monday (May 13, 2013).

Published 14 May, 2013 12:00am

British Prime Minister praises PML-N chief for economic aims

British Prime Minister David Cameron on Monday congratulated incoming premier Nawaz Sharif on his resounding election victory and praised his commitment to economic reform. Cameron broke off from a trip to Washington to speak to Sharif on the telephone an
Published 14 May, 2013 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Monday (May 13, 2013).

Published 14 May, 2013 12:00am

British Prime Minister praises PML-N chief for economic aims

British Prime Minister David Cameron on Monday congratulated incoming premier Nawaz Sharif on his resounding election victory and praised his commitment to economic reform. Cameron broke off from a trip to Washington to speak to Sharif on the telephone an
Published 14 May, 2013 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Monday (May 13, 2013).

Published 14 May, 2013 12:00am

Former Prime Minister reaches out to US, India after win

Pakistan's incoming prime minister Nawaz Sharif on Monday reached out to India and the United States, pledging to strengthen relations after his thumping victory in landmark elections. Sharif promised Pakistan's "full support" as the United States withdra
Published 14 May, 2013 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Monday (May 13, 2013).

Published 14 May, 2013 12:00am

Former Prime Minister reaches out to US, India after win

Pakistan's incoming prime minister Nawaz Sharif on Monday reached out to India and the United States, pledging to strengthen relations after his thumping victory in landmark elections. Sharif promised Pakistan's "full support" as the United States withdra
Published 14 May, 2013 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Monday (May 13, 2013).

Published 14 May, 2013 12:00am

Zardari greets Nawaz

President Asif Ali Zardari on Monday telephoned to PML-N chief Nawaz Sharif and felicitated him on his party's victory in the general elections. President Zardari said that the PML-N's victory would strengthen democracy. He hoped that Nawaz Sharif would c
Published 14 May, 2013 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Monday (May 13, 2013).

Published 14 May, 2013 12:00am

Zardari greets Nawaz

President Asif Ali Zardari on Monday telephoned to PML-N chief Nawaz Sharif and felicitated him on his party's victory in the general elections. President Zardari said that the PML-N's victory would strengthen democracy. He hoped that Nawaz Sharif would c
Published 14 May, 2013 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Monday (May 13, 2013).

Published 14 May, 2013 12:00am

Gilani resigns as PPP vice Chairman

Former Prime Minister Yousuf Raza Gilani on Monday resigned as Vice Chairman of Pakistan People's Party (PPP) over what he described as his failure to give satisfactory performance for the party in Multan. He said that all political parties were part of t
Published 14 May, 2013 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Monday (May 13, 2013).

Published 14 May, 2013 12:00am

Gilani resigns as PPP vice Chairman

Former Prime Minister Yousuf Raza Gilani on Monday resigned as Vice Chairman of Pakistan People's Party (PPP) over what he described as his failure to give satisfactory performance for the party in Multan. He said that all political parties were part of t
Published 14 May, 2013 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Monday (May 13, 2013).

Published 14 May, 2013 12:00am

Polls outcome augments stability: S&P

Standard and Poor's Ratings Services said on Monday that Pakistan's parliamentary election results set the stage for longer-term stability of our 'B-' sovereign credit rating on the country. Partial results from the elections held on May 11 indicate a str
Published 14 May, 2013 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Monday (May 13, 2013).

Published 14 May, 2013 12:00am

Polls outcome augments stability: S&P

Standard and Poor's Ratings Services said on Monday that Pakistan's parliamentary election results set the stage for longer-term stability of our 'B-' sovereign credit rating on the country. Partial results from the elections held on May 11 indicate a str
Published 14 May, 2013 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Monday (May 13, 2013).

Published 14 May, 2013 12:00am

We''re determined to make Pakistan ''Asian tiger'': Nawaz

Pakistan Muslim League-Nawaz (PML-N) President Mian Nawaz Sharif Monday said PML-N has evolved a comprehensive programme for the well-being of people and economic revival was our top priority. Talking to foreign media correspondents at his Raiwind residen
Published 14 May, 2013 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Monday (May 13, 2013).

Published 14 May, 2013 12:00am

We're determined to make Pakistan 'Asian tiger': Nawaz

Pakistan Muslim League-Nawaz (PML-N) President Mian Nawaz Sharif Monday said PML-N has evolved a comprehensive programme for the well-being of people and economic revival was our top priority. Talking to foreign media correspondents at his Raiwind residen
Published 14 May, 2013 12:00am

JLI YAQEEN GROWTH FUND RATES

JLI Yaqeen Growth Fund Rates on Monday (May 13, 2013).

Published 14 May, 2013 12:00am

We're determined to make Pakistan 'Asian tiger': Nawaz

Pakistan Muslim League-Nawaz (PML-N) President Mian Nawaz Sharif Monday said PML-N has evolved a comprehensive programme for the well-being of people and economic revival was our top priority. Talking to foreign media correspondents at his Raiwind residen
Published 14 May, 2013 12:00am

JLI YAQEEN GROWTH FUND RATES

JLI Yaqeen Growth Fund Rates on Monday (May 13, 2013).

Published 14 May, 2013 12:00am

A shot in the arm: Election Outlook-XIII

Standard & Poor's Ratings Services' comment on the 2013 general election in Pakistan is expected to provide the shot in the arm that the economy badly needs. This welcome development has taken place when the country's economy is finding it extremely diffi
Published 14 May, 2013 12:00am

JLI YAQEEN GROWTH FUND RATES

JLI Yaqeen Growth Fund Rates on Monday (May 13, 2013).

Published 14 May, 2013 12:00am

A shot in the arm: Election Outlook-XIII

Standard & Poor's Ratings Services' comment on the 2013 general election in Pakistan is expected to provide the shot in the arm that the economy badly needs. This welcome development has taken place when the country's economy is finding it extremely diffi
Published 14 May, 2013 12:00am

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (May 13, 2013).

Published 14 May, 2013 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Monday (May 13, 2013).

Published 14 May, 2013 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Monday (May 13, 2013).

Published 14 May, 2013 12:00am

World currencies and euro

Value of the euro in terms of other world currencies as prevailing in the week ended Monday (May 13, 2013).
Published 14 May, 2013 12:00am

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Monday (May 13, 2013).

Published 14 May, 2013 12:00am

US treasuries bid yields

US treasuries bid yields on Monday (May 13, 2013).

Published 14 May, 2013 12:00am

US treasuries bid prices

US treasuries bid prices on Monday (May 13, 2013).

Published 14 May, 2013 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Monday (May 13, 2013).

Published 14 May, 2013 12:00am

Currency	Rate
USD PKR Interbank Selling / Oct 31	277.92
USD PKR Interbank Buying / Oct 31	277.72
USD to Japanese Yen / Oct 31	152.20
USD to Swiss Franc / Oct 31	0.86
Pound Sterling to USD / Oct 31	1.30
Euro to USD / Oct 31	1.09

Stock	Volume
S&P 500 / Oct 30	5,813.67
Nasdaq / Oct 30	18,607.93
Dow Jones / Oct 30	42,141.54
India Sensex / Oct 31	79,453.59
Tokyo Nikkei / Oct 31	39,081.25
Hang Seng / Oct 31	20,382.25
FTSE 100 / Oct 31	8,105.12
Germany DAX 30 / Oct 31	19,158.33

Item	Value
Karachi Cotton PKR/37.32 KG / Oct 30	18,085
Gold 10 Grams PKR / Oct 30	246,403.40
Petrol/Litre / Oct 31	247.03
Crude Oil USD/Barrel / Oct 31	69
Gold Spot USD/Ounce / Oct 31	2,781.74
Diesel/Litre / Oct 31	251.29

Stock	Price
786 Invest Ltd / Oct 31 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 31 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 31 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 31 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 31 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 31 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 31 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 31 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 31 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 31 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 31 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 31 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 31 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 31 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 31 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 31 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 31 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 31 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 31 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 31 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 31 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 31 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 31 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 31 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 31 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 31 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 31 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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