AGL 38.02 Increased By ▲ 0.08 (0.21%)
AIRLINK 197.36 Increased By ▲ 3.45 (1.78%)
BOP 9.54 Increased By ▲ 0.22 (2.36%)
CNERGY 5.91 Increased By ▲ 0.07 (1.2%)
DCL 8.82 Increased By ▲ 0.14 (1.61%)
DFML 35.74 Decreased By ▼ -0.72 (-1.97%)
DGKC 96.86 Increased By ▲ 4.32 (4.67%)
FCCL 35.25 Increased By ▲ 1.28 (3.77%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 13.17 Increased By ▲ 0.42 (3.29%)
HUBC 127.55 Increased By ▲ 6.94 (5.75%)
HUMNL 13.50 Decreased By ▼ -0.10 (-0.74%)
KEL 5.32 Increased By ▲ 0.10 (1.92%)
KOSM 7.00 Increased By ▲ 0.48 (7.36%)
MLCF 44.70 Increased By ▲ 2.59 (6.15%)
NBP 61.42 Increased By ▲ 1.61 (2.69%)
OGDC 214.67 Increased By ▲ 3.50 (1.66%)
PAEL 38.79 Increased By ▲ 1.21 (3.22%)
PIBTL 8.25 Increased By ▲ 0.18 (2.23%)
PPL 193.08 Increased By ▲ 2.76 (1.45%)
PRL 38.66 Increased By ▲ 0.49 (1.28%)
PTC 25.80 Increased By ▲ 2.35 (10.02%)
SEARL 103.60 Increased By ▲ 5.66 (5.78%)
TELE 8.30 Increased By ▲ 0.08 (0.97%)
TOMCL 35.00 Decreased By ▼ -0.03 (-0.09%)
TPLP 13.30 Decreased By ▼ -0.25 (-1.85%)
TREET 22.16 Decreased By ▼ -0.57 (-2.51%)
TRG 55.59 Increased By ▲ 2.72 (5.14%)
UNITY 32.97 Increased By ▲ 0.01 (0.03%)
WTL 1.60 Increased By ▲ 0.08 (5.26%)
BR100 11,727 Increased By 342.7 (3.01%)
BR30 36,377 Increased By 1165.1 (3.31%)
KSE100 109,513 Increased By 3238.2 (3.05%)
KSE30 34,513 Increased By 1160.1 (3.48%)
Print - 2013-07-06
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on July 02, 2013.

Published 06 Jul, 2013 12:00am
Rally held in Multan

Rally held in Multan

The Pakistan People's Party (PPP) Multan Chapter observed the black day on Friday to condemn the military dictator General Ziaul Haq for overthrowing their Party's elected government on July 5, 1977. The People's Students' Federation (PSF), People's Unity
Published 06 Jul, 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 July 02, 2013.

Published 06 Jul, 2013 12:00am
PPP Punjab observes 'black day'

PPP Punjab observes 'black day'

Pakistan People's Party (PPP) Punjab observed black day on Friday to mark the dismissal of its first government in a military coup 36 years ago. On 5th July 1977, Prime Minister Zulfikar Ali Bhutto, the PPP founder, was overthrown by the then army chief G
Published 06 Jul, 2013 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (July 05, 2013).

Published 06 Jul, 2013 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Friday (July 05, 2013) and for Saturday (July 06, 2013).
Published 06 Jul, 2013 12:00am
Lyari, adjoining areas remain tense as four killed, 13 injured

Lyari, adjoining areas remain tense as four killed, 13 injured

Lyari and its other neighbourhoods remained tense on second consecutive day as four persons including Katchi Rabita Committee (KRC) leader were killed while 13 others injured in continuing violence. Heavy gunshots and grenade blasts echoed in Lyari the wh
Published 06 Jul, 2013 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (July 05, 2013).

Published 06 Jul, 2013 12:00am
Awan seeks construction of KBD to overcome energy crisis

Awan seeks construction of KBD to overcome energy crisis

Former Law Minister Babar Awan has demanded the Prime Minister of announcing Kala Bagh Dam (KBD) immediately to overcome energy crisis. He was talking to media after inaugurating a book at a local hotel. It may be noted that inhabitants of Sindh province
Published 06 Jul, 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 (July 05, 2013).

Published 06 Jul, 2013 12:00am
KESC clarification

KESC clarification

Karachi Electric Supply Company (KESC) has clarified that it has no control over government taxes and levies charged on electricity. Referring to a news item appearing in Business Recorder of July 5, titled: "Account Of Taxes & Charges: KESC consum
Published 06 Jul, 2013 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (July 05, 2013).

Published 06 Jul, 2013 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (July 05, 2013).

Published 06 Jul, 2013 12:00am
Measles outbreak: committee asked to expedite investigation

Measles outbreak: committee asked to expedite investigation

The Lahore High Court on Friday directed the probe committee to compile its report at the earliest about the alleged failure of the Punjab government in controlling the outbreak of measles. The court adjourned the hearing to July 10. The petition was file
Published 06 Jul, 2013 12:00am
Bidding for Hajj quota: Ministry asked to prepare new list of HGOs

Bidding for Hajj quota: Ministry asked to prepare new list of HGOs

Chief Justice Lahore High Court Umar Ata Bandial on Friday directed the Ministry of Religious Affairs to cancel the list of 58 private tour operators it prepared for participating in bidding for Hajj quota. The Chief Justice directed the ministry to prepa
Published 06 Jul, 2013 12:00am
Nawaz, Li vow to pursue people-centric policies

Nawaz, Li vow to pursue people-centric policies

Pakistan and China Friday resolved to promote the policies aimed at advancing the cause of peace, co-operation and harmony creating a win-win situation in the region. In a joint statement issued after the meeting between Prime Minister Muhammad Nawaz Shar
Published 06 Jul, 2013 12:00am
THE RUPEE: minor changes

THE RUPEE: minor changes

The dollar remained firm on the local currency market on Friday in the process of trading, dealers said. The rupee unchanged against the dollar for buying at 100.05 and the national currency gained slightly by two paisa for selling at Rs 100.08, they said
Published 06 Jul, 2013 12:00am
Piper Alpha disaster: 25 years on, safety still priority

Piper Alpha disaster: 25 years on, safety still priority

Safety has vastly improved on North Sea oil and gas platforms since the deadly explosion on the Piper Alpha rig 25 years ago, but experts warn there is no room for complacency. The energy industry's deadliest ever accident, on July 6, 1988, claimed the li
Published 06 Jul, 2013 12:00am
THE RUPEE: minor changes

THE RUPEE: minor changes

The dollar remained firm on the local currency market on Friday in the process of trading, dealers said. The rupee unchanged against the dollar for buying at 100.05 and the national currency gained slightly by two paisa for selling at Rs 100.08, they said
Published 06 Jul, 2013 12:00am
EU warns US on future of data-sharing deals amid spying scandal

EU warns US on future of data-sharing deals amid spying scandal

The European Union could reconsider agreements with the United States on the sharing of air passenger information and financial data, the bloc warned Friday, amid heightened tensions between the two sides over a spying scandal. A team of experts from the
Published 06 Jul, 2013 12:00am
EU warns US on future of data-sharing deals amid spying scandal

EU warns US on future of data-sharing deals amid spying scandal

The European Union could reconsider agreements with the United States on the sharing of air passenger information and financial data, the bloc warned Friday, amid heightened tensions between the two sides over a spying scandal. A team of experts from the
Published 06 Jul, 2013 12:00am
Transfer of PTCL properties: PC told to resolve dispute in 10 days

Transfer of PTCL properties: PC told to resolve dispute in 10 days

Finance Minister Senator Ishaq Dar Friday directed the Privatisation Commission to resolve the disputes involved in the transfer of properties pertaining to PTCL and remove all hurdles within 10 days so that this long-standing issue could be brought to an
Published 06 Jul, 2013 12:00am
Transfer of PTCL properties: PC told to resolve dispute in 10 days

Transfer of PTCL properties: PC told to resolve dispute in 10 days

Finance Minister Senator Ishaq Dar Friday directed the Privatisation Commission to resolve the disputes involved in the transfer of properties pertaining to PTCL and remove all hurdles within 10 days so that this long-standing issue could be brought to an
Published 06 Jul, 2013 12:00am
Transfer of PTCL properties: PC told to resolve dispute in 10 days

Transfer of PTCL properties: PC told to resolve dispute in 10 days

Finance Minister Senator Ishaq Dar Friday directed the Privatisation Commission to resolve the disputes involved in the transfer of properties pertaining to PTCL and remove all hurdles within 10 days so that this long-standing issue could be brought to an
Published 06 Jul, 2013 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (July 05, 2013).

Published 06 Jul, 2013 12:00am
Swiss court allows Credit Suisse to hand client data to US

Swiss court allows Credit Suisse to hand client data to US

Switzerland''''s top court has ruled that the government can transfer the bank records of an American client of Credit Suisse to the US tax authorities, giving a boost to the country''''s efforts to end US investigations of Swiss banks. The Swiss Federal
Published 06 Jul, 2013 12:00am
Swiss court allows Credit Suisse to hand client data to US

Swiss court allows Credit Suisse to hand client data to US

Switzerland''s top court has ruled that the government can transfer the bank records of an American client of Credit Suisse to the US tax authorities, giving a boost to the country''s efforts to end US investigations of Swiss banks. The Swiss Federal Supr
Published 06 Jul, 2013 12:00am
Swiss court allows Credit Suisse to hand client data to US

Swiss court allows Credit Suisse to hand client data to US

Switzerland's top court has ruled that the government can transfer the bank records of an American client of Credit Suisse to the US tax authorities, giving a boost to the country's efforts to end US investigations of Swiss banks. The Swiss Federal Suprem
Published 06 Jul, 2013 12:00am
Swiss court allows Credit Suisse to hand client data to US

Swiss court allows Credit Suisse to hand client data to US

Switzerland's top court has ruled that the government can transfer the bank records of an American client of Credit Suisse to the US tax authorities, giving a boost to the country's efforts to end US investigations of Swiss banks. The Swiss Federal Suprem
Published 06 Jul, 2013 12:00am
Bulgarian president suggests new election amid protests

Bulgarian president suggests new election amid protests

Bulgaria's president said Friday the country might be better off holding new elections, just two months after the last poll, if politicians failed to respond to a wave of mass protests. "There have been incessant protests in Bulgaria for 22 days now and I
Published 06 Jul, 2013 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 06 Jul, 2013 12:00am
92-year-old Iraqi weds woman seven decades junior

92-year-old Iraqi weds woman seven decades junior

A 92-year-old Iraqi farmer married a woman 70 years his junior in a village north of Baghdad, he said Friday, voicing happiness at getting hitched alongside two teenage grandchildren who also tied the knot. Musali Mohammed al-Mujamaie married 22-year-old
Published 06 Jul, 2013 12:00am
British-Swiss tax shortfall could leave banks out of pocket

British-Swiss tax shortfall could leave banks out of pocket

Swiss banks could end up as much as 500 million francs ($520 million) out of pocket as British clients who have dodged tax spurn a deal aimed at preserving their anonymity and instead reach individual settlements with UK tax authorities. The Swiss Bankers
Published 06 Jul, 2013 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 06 Jul, 2013 12:00am
British EU referendum bill passes first hurdle of many

British EU referendum bill passes first hurdle of many

Legislation that would guarantee an in-out referendum on Britain's membership of the European Union by 2017 cleared its first hurdle in the House of Commons on Friday. In a rare unanimous result, lawmakers in the lower house voted 304 to zero to send the
Published 06 Jul, 2013 12:00am
China, India have will to solve border dispute: Li

China, India have will to solve border dispute: Li

Chinese Premier Li Keqiang told India's defence minister on Friday that the two countries can settle a long-running border row, state media reported. Both sides have the political will to solve their border issues and create a peaceful and stable environm
Published 06 Jul, 2013 12:00am
China, India have will to solve border dispute: Li

China, India have will to solve border dispute: Li

Chinese Premier Li Keqiang told India's defence minister on Friday that the two countries can settle a long-running border row, state media reported. Both sides have the political will to solve their border issues and create a peaceful and stable environm
Published 06 Jul, 2013 12:00am
Conergy files for insolvency as solar crisis deepens

Conergy files for insolvency as solar crisis deepens

German solar group Conergy has filed for insolvency, putting about 800 jobs at risk and becoming the latest casualty in an industry battered by overcapacity, plunging prices and a trade dispute between Europe and China. Once Europe's largest solar company
Published 06 Jul, 2013 12:00am
Suicide attacks kill 14 in Afghanistan

Suicide attacks kill 14 in Afghanistan

A suicide bomber killed 12 policemen in Afghanistan on Friday when he blew himself up inside a police station, officials said, as Taliban rebels vowed to fight through the holy month of Ramazan. Another suicide strike killed two people at a border crossin
Published 06 Jul, 2013 12:00am
Suicide attacks kill 14 in Afghanistan

Suicide attacks kill 14 in Afghanistan

A suicide bomber killed 12 policemen in Afghanistan on Friday when he blew himself up inside a police station, officials said, as Taliban rebels vowed to fight through the holy month of Ramazan. Another suicide strike killed two people at a border crossin
Published 06 Jul, 2013 12:00am
Latvia to open gas pipelines to suppliers other than Gazprom

Latvia to open gas pipelines to suppliers other than Gazprom

Latvia, which is totally dependent on gas supplies from Russia, aims to ensure that suppliers other than Gazprom can have an access to its pipeline system from next April, the country's economy minister said on Friday. Latvia has been the slowest of the t
Published 06 Jul, 2013 12:00am
Bulls dominate at ISE

Bulls dominate at ISE

Bulls dominated the proceedings at the Islamabad Stock Exchange (ISE) 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 32.79 points as the ISE Ten Index move
Published 06 Jul, 2013 12:00am
Bulls dominate at ISE

Bulls dominate at ISE

Bulls dominated the proceedings at the Islamabad Stock Exchange (ISE) 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 32.79 points as the ISE Ten Index move
Published 06 Jul, 2013 12:00am
LSE index surges to 231.28 points

LSE index surges to 231.28 points

The Lahore Stock Exchange 25-index was ended up on a promising note with an increase of 231.28 points (4.85 percent) to 4998.01 points against 4766.73 of Thursday in the backdrop of successful conclusion of Pakistan's dialogue with IMF under which Pakista
Published 06 Jul, 2013 12:00am
LSE index surges to 231.28 points

LSE index surges to 231.28 points

The Lahore Stock Exchange 25-index was ended up on a promising note with an increase of 231.28 points (4.85 percent) to 4998.01 points against 4766.73 of Thursday in the backdrop of successful conclusion of Pakistan's dialogue with IMF under which Pakista
Published 06 Jul, 2013 12:00am
Utilisation of IMF loan: Constitution of parliamentary panel demanded

Utilisation of IMF loan: Constitution of parliamentary panel demanded

Leader of opposition in the National Assembly Syed Khurshid Ahmed Shah demanded of the government to constitute a Parliamentary Committee to monitor the utilisation of loan being taken from International Monetary Fund. He said the committee should also ex
Published 06 Jul, 2013 12:00am
Utilisation of IMF loan: Constitution of parliamentary panel demanded

Utilisation of IMF loan: Constitution of parliamentary panel demanded

Leader of opposition in the National Assembly Syed Khurshid Ahmed Shah demanded of the government to constitute a Parliamentary Committee to monitor the utilisation of loan being taken from International Monetary Fund. He said the committee should also ex
Published 06 Jul, 2013 12:00am
Utilisation of IMF loan: Constitution of parliamentary panel demanded

Utilisation of IMF loan: Constitution of parliamentary panel demanded

Leader of opposition in the National Assembly Syed Khurshid Ahmed Shah demanded of the government to constitute a Parliamentary Committee to monitor the utilisation of loan being taken from International Monetary Fund. He said the committee should also ex
Published 06 Jul, 2013 12:00am
US and European banks prepare for capital race

US and European banks prepare for capital race

European and US banks are facing the prospect of having to issue much more subordinated debt, and at a much higher cost, as regulators stamp out low leverage ratios and investors demand higher concessions for market volatility. In the US, the Federal Rese
Published 06 Jul, 2013 12:00am
US and European banks prepare for capital race

US and European banks prepare for capital race

European and US banks are facing the prospect of having to issue much more subordinated debt, and at a much higher cost, as regulators stamp out low leverage ratios and investors demand higher concessions for market volatility. In the US, the Federal Rese
Published 06 Jul, 2013 12:00am
US and European banks prepare for capital race

US and European banks prepare for capital race

European and US banks are facing the prospect of having to issue much more subordinated debt, and at a much higher cost, as regulators stamp out low leverage ratios and investors demand higher concessions for market volatility. In the US, the Federal Rese
Published 06 Jul, 2013 12:00am
Rs 157 billion circular debt to be settled through bonds

Rs 157 billion circular debt to be settled through bonds

The government will settle Rs 157 billion circular debt of total outstanding of Rs 503 billion in the current fiscal year through issuing bonds, reliable sources told Business Recorder. Sources close to Finance Minister Senator Ishaq Dar said bonds
Published 06 Jul, 2013 12:00am
Rs 157 billion circular debt to be settled through bonds

Rs 157 billion circular debt to be settled through bonds

The government will settle Rs 157 billion circular debt of total outstanding of Rs 503 billion in the current fiscal year through issuing bonds, reliable sources told Business Recorder. Sources close to Finance Minister Senator Ishaq Dar said bonds
Published 06 Jul, 2013 12:00am
Rs 157 billion circular debt to be settled through bonds

Rs 157 billion circular debt to be settled through bonds

The government will settle Rs 157 billion circular debt of total outstanding of Rs 503 billion in the current fiscal year through issuing bonds, reliable sources told Business Recorder. Sources close to Finance Minister Senator Ishaq Dar said bonds
Published 06 Jul, 2013 12:00am
Rs 157 billion circular debt to be settled through bonds

Rs 157 billion circular debt to be settled through bonds

The government will settle Rs 157 billion circular debt of total outstanding of Rs 503 billion in the current fiscal year through issuing bonds, reliable sources told Business Recorder. Sources close to Finance Minister Senator Ishaq Dar said bonds
Published 06 Jul, 2013 12:00am
Shaharyar delivers Prime Minister's letter to Singh

Shaharyar delivers Prime Minister's letter to Singh

Special Envoy of Prime Minister Muhammad Nawaz Sharif, Ambassador Shaharyar M Khan called on Indian Prime Minister Dr Manmohan Singh in New Delhi on Friday and delivered a letter from the Prime Minister. The letter contained warm expressions of goodwill a
Published 06 Jul, 2013 12:00am
Shaharyar delivers Prime Minister's letter to Singh

Shaharyar delivers Prime Minister's letter to Singh

Special Envoy of Prime Minister Muhammad Nawaz Sharif, Ambassador Shaharyar M Khan called on Indian Prime Minister Dr Manmohan Singh in New Delhi on Friday and delivered a letter from the Prime Minister. The letter contained warm expressions of goodwill a
Published 06 Jul, 2013 12:00am
Nandipur power project: Chinese firm agrees to resume work

Nandipur power project: Chinese firm agrees to resume work

Punjab Chief Minister Muhammad Shahbaz Sharif has succeeded in persuading Dong Fong Electricity Company of China to resume work on Nandipur power project. In this connection, a lengthy meeting was held between Chief Minister Muhammad Shahbaz Sharif and Ch
Published 06 Jul, 2013 12:00am