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Print - 2013-10-23
ABL announces 3Q2013 results

ABL announces 3Q2013 results

Allied Bank Limited (ABL) on Tuesday announced its 3Q2013 results posting a PAT of Rs 2.8bn (EPS: Rs 2.70), up 2 percent YoY and 4 percent QoQ, analysts at JS Global said. The results came above our EPS expectation of Rs 2.50 on account of better Net Inte
Published 23 Oct, 2013 12:00am
ABL announces 3Q2013 results

ABL announces 3Q2013 results

Allied Bank Limited (ABL) on Tuesday announced its 3Q2013 results posting a PAT of Rs 2.8bn (EPS: Rs 2.70), up 2 percent YoY and 4 percent QoQ, analysts at JS Global said. The results came above our EPS expectation of Rs 2.50 on account of better Net Inte
Published 23 Oct, 2013 12:00am
POL posts Rs 15.25 EPS in first quarter of 2014

POL posts Rs 15.25 EPS in first quarter of 2014

Pakistan Oilfields (POL) has posted an EPS of Rs 15.25 in first quarter of 2014, a growth of 41 percent on year-on-year basis, largely in line with street consensus, analysts at Shajar Research said. The growth in earnings primarily comes from higher topl
Published 23 Oct, 2013 12:00am
POL posts Rs 15.25 EPS in first quarter of 2014

POL posts Rs 15.25 EPS in first quarter of 2014

Pakistan Oilfields (POL) has posted an EPS of Rs 15.25 in first quarter of 2014, a growth of 41 percent on year-on-year basis, largely in line with street consensus, analysts at Shajar Research said. The growth in earnings primarily comes from higher topl
Published 23 Oct, 2013 12:00am
Pak Oasis wins award

Pak Oasis wins award

Pak Oasis is making use of cutting-edge ultra-filtration (UF) technology in its plants which eliminates dangerous and life threatening viruses and bacteria and has the added benefit of not using chemicals such as chlorine to purify water. UF technology is
Published 23 Oct, 2013 12:00am
Burj Bank extends relief support to Awaran quake victims

Burj Bank extends relief support to Awaran quake victims

Burj Bank Limited and its staff extended their support for the earthquake effected people of Balochistan when a group of volunteers from within the Bank's staff created the 'Burj Disaster Management Team' for a timely response to the national catastrophe.
Published 23 Oct, 2013 12:00am
SHC moved on constables' appointment issue

SHC moved on constables' appointment issue

Sindh High Court (SHC) on Tuesday put home secretary, inspector general of police, additional inspector general of police, and other police officials on notice in a petition against fresh appointments of police constables. A division bench headed by Justi
Published 23 Oct, 2013 12:00am
Bugti murder case: ATC reissues arrest warrants of Shaukat, Owais Ghani

Bugti murder case: ATC reissues arrest warrants of Shaukat, Owais Ghani

An Anti-Terrorism Court (ATC) in Quetta reissued an arrest warrants against former prime minister Shaukat Aziz, former Balochistan Governor Owais Ahmed Ghani and former District Co-ordination Officer (DCO) Abdul Samad Lasi in a case pertaining to the murd
Published 23 Oct, 2013 12:00am
LDA cautioned against violation of PPR

LDA cautioned against violation of PPR

Lahore Development Authority (LDA) has been put on notice by Transparency International Pakistan against violation of Punjab Procurement Rules (PPR) 2009,in the procurement of consultancy services for Integrated Strategic Development Plan for Lahore Regio
Published 23 Oct, 2013 12:00am
Anwar Iqbal joins hands with Omni Group

Anwar Iqbal joins hands with Omni Group

People who are connected with the auto industry know well about him. He is one person who has always been held in high esteem amongst the automobile manufacturers, assemblers, importers, dealers and retailers in Pakistan. He is known and acclaimed to be t
Published 23 Oct, 2013 12:00am
LEAs coordination meeting held

LEAs coordination meeting held

A co-ordination meeting of Police Investigation Staff of designated police stations, Rangers Sector Commanders, Wing Commanders, Special Public Prosecutors and Rangers Law Officers was held at HQ Pakistan Rangers Sindh on Tuesday. The meeting was convened
Published 23 Oct, 2013 12:00am
Three killed in various city incidents

Three killed in various city incidents

At least three people were killed in different incidents of violence in city on Tuesday, police and rescue sources said. A man was gunned down in Malir area in the limits of Malir City police station. The victim was identified as 35-year-old Abdul Hai, so
Published 23 Oct, 2013 12:00am
Seafood exports surge by $85.2 million

Seafood exports surge by $85.2 million

Pakistan's seafood export surged by $85.202 million or over 34 percent during July-September period of the current fiscal year for a better global demand, exporters said on Tuesday. The country exported $85.202 million in July-September period of the curr
Published 23 Oct, 2013 12:00am
LHC urged to direct government to hold talks with Taliban

LHC urged to direct government to hold talks with Taliban

A bar member has approached the Lahore High Court to direct the federal government to hold talks with Taliban after allowing them to open their office in the country. The petitioner, Kashif Mehmood Sulmani, said a Taliban office in the country would help
Published 23 Oct, 2013 12:00am
LG names winners

LG names winners

LG Electronics Inc (LG) named the winners of its Smart Discoveries idea campaign, which gave consumers the opportunity to share their own best or creative ideas on how to best use home appliances. The idea-sharing competition, which wrapped up last month,
Published 23 Oct, 2013 12:00am
Sector-specific business: Pakistan, France to exchange delegations

Sector-specific business: Pakistan, France to exchange delegations

Lahore Chamber of Commerce and Industry (LCCI) and French Embassy on Tuesday renewed their pledge to further enhance co-operation and expand bilateral trade relations through exchange of sector-specific business delegations. This consensus was evolved at
Published 23 Oct, 2013 12:00am
Jamaat-i-Islami condemns additional tax on power consumers

Jamaat-i-Islami condemns additional tax on power consumers

Ameer, Jamaat-i-Islami, Pakistan, Syed Munawar Hassan has strongly condemned the six percent additional tax on the electricity consumers. He said that only recently, the government had raised the power tariff by Rs 6 per unit, which practically came to Rs
Published 23 Oct, 2013 12:00am
World Polio Day tomorrow

World Polio Day tomorrow

Like other parts of the globe, "World Polio Day 2013" will also be observed in Pakistan on Thursday (tomorrow) with a resolve to continue efforts for complete eradication of polio from the world. In 2012, transmission of poliovirus continued in three coun
Published 23 Oct, 2013 12:00am
Nandipur power project Shahbaz pays extensive visit

Nandipur power project Shahbaz pays extensive visit

Punjab Chief Minister Shahbaz Sharif has said that Nandipur power project is of vital national importance but unfortunately this splendid project remained suspended for two and a half years. He said that if the former government gave precedence to nationa
Published 23 Oct, 2013 12:00am
Cement prices likely to increase anytime soon

Cement prices likely to increase anytime soon

"Cement prices in the country are likely to increase anytime soon due to substantial increase in power tariff and diesel prices. The rupee devaluation has resulted in increased landed cost of imported coal as well as imported stores and spares used by cem
Published 23 Oct, 2013 12:00am
'Prime Minister's visit to open new vista of US ties'

'Prime Minister's visit to open new vista of US ties'

The current visit of Prime Minister Nawaz Sharif to the US will have a positive impact on Pak-US relations apart from laying strong foundations for the country's development and prosperity. PML-N senior leader Mohammad Parvaiz Malik said here on Tuesday t
Published 23 Oct, 2013 12:00am
'Babunagar' launched in New Delhi

'Babunagar' launched in New Delhi

An impressive launching ceremony of famous humour and satire book 'Babunagar' was held in New Delhi the other day, which was presided over by Professor Siddiqur Rehman Qidvai. Addressing the ceremony arranged by Ghalib Academy, senior Indian journalist of
Published 23 Oct, 2013 12:00am
Breast cancer awareness event on October 27

Breast cancer awareness event on October 27

With "Polo in Pink" slogan Shaukat Khanaum Memorial Cancer Hospital and Research Centre (SKMCH&RC), in collaboration with Lahore Polo Club, is organising an event to raise awareness about breast cancer on Sunday (October 27) from 2:30pm to 5:00pm at Lahor
Published 23 Oct, 2013 12:00am
CPNE deplores Taliban 'fatwa' against Press

CPNE deplores Taliban 'fatwa' against Press

The Council of Pakistan Newspaper Editors (CPNE) has expressed its resolve to continue informing facts to the general public despite unfavourable circumstances and threats. This was stated at the Council of Pakistan Newspaper Editors Standing Committee me
Published 23 Oct, 2013 12:00am
Defence rape case: accused handed over to police on five-day remand

Defence rape case: accused handed over to police on five-day remand

The accused, that sexually assaulted a teenage girl and later threw her off from the second floor in Defence area, was handed over to the police on five days' physical remand on Tuesday. Police presented the accused, Khalid Baloch, in the Judicial Magistr
Published 23 Oct, 2013 12:00am
LHC suspends Rs 5,000 fine on National Assembly Speaker

LHC suspends Rs 5,000 fine on National Assembly Speaker

Lahore High Court on Tuesday suspended the Election Tribunal fine of Rs 5,000, imposed on Speaker National Assembly Sardar Ayaz Sadiq, for not filing a reply in response to an application moved by PTI Chairman Imran Khan. Earlier, the counsel of Ayaz subm
Published 23 Oct, 2013 12:00am
Arab Prince's convoy attacked

Arab Prince's convoy attacked

One Levies person was killed on Tuesday when the convoy of Arab Prince was attacked in Turbat. According to the sources, an Arab Prince and his convoy were on a hunting trip in the Buleda area of Turbat under security of Levies forces when armed men opene
Published 23 Oct, 2013 12:00am
Indus Motor announces first quarter results

Indus Motor announces first quarter results

Indus Motor has announced its first quarter result of 2014 on Tuesday, where the company booked profits of Rs 880 million (EPS: Rs 11.19) versus Rs 691 million (EPS: Rs 8.79) in first quarter of 2013, up by 27 percent year-on-year but down 46 percent in q
Published 23 Oct, 2013 12:00am
Indus Motor announces first quarter results

Indus Motor announces first quarter results

Indus Motor has announced its first quarter result of 2014 on Tuesday, where the company booked profits of Rs 880 million (EPS: Rs 11.19) versus Rs 691 million (EPS: Rs 8.79) in first quarter of 2013, up by 27 percent year-on-year but down 46 percent in q
Published 23 Oct, 2013 12:00am
Nawaz urges US for greater trade access

Nawaz urges US for greater trade access

Prime Minister Nawaz Sharif has said that his government would strive for resolution of the energy crisis within its tenure and invited expatriate Pakistanis to invest in the area that promises attractive returns. In an hour-long address to the Pakistani-
Published 23 Oct, 2013 12:00am
Retrial of BB murder case: lady doctor records statement before ATC

Retrial of BB murder case: lady doctor records statement before ATC

A lady doctor working at the Holy Family Hospital (HFH) recorded her statement before the Anti-Terrorism Court (ATC-I), which initiated retrial of Benazir Bhutto murder case here on Tuesday. Dr Hina Bukhari, in her statement, apprised ATC Judge Chaudhry H
Published 23 Oct, 2013 12:00am
The Weather

The Weather

The weather report on Tuesday (October 22, 2013) and the forecast for Wednesday (October 23, 2013).

Published 23 Oct, 2013 12:00am
Defence Secretary submits apology to Supreme Court

Defence Secretary submits apology to Supreme Court

Secretary Defence Lieutenant General Asif Yasin Malik (Retd) on Tuesday submitted an unconditional apology to the Supreme Court of Pakistan over contempt of court notice. In his response, Asif Yasin Malik regretted for not holding the local bodies electio
Published 23 Oct, 2013 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (October 22, 2013).

Published 23 Oct, 2013 12:00am
32 PSEs to be privatised within two years

32 PSEs to be privatised within two years

The Privatisation Commission (PC) has released the details of 32 public sector entities (PSEs) privatisation of which would be completed within two years. The government has put on sale five oil and gas sector entities (upstream and mid stream, three oil
Published 23 Oct, 2013 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (October 22, 2013).

Published 23 Oct, 2013 12:00am
Pakistan State Oil

Pakistan State Oil

Pakistan State Oil (PSO) is the largest oil marketing company in Pakistan which is engaged in storage, distribution and marketing of various petroleum products such as motor gasoline, furnace, high speed diesel, kerosene, LPG, jet fuel, CNG, petrochemical
Published 23 Oct, 2013 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 23 Oct, 2013 12:00am
Pakistan State Oil

Pakistan State Oil

Pakistan State Oil (PSO) is the largest oil marketing company in Pakistan which is engaged in storage, distribution and marketing of various petroleum products such as motor gasoline, furnace, high speed diesel, kerosene, LPG, jet fuel, CNG, petrochemical
Published 23 Oct, 2013 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 23 Oct, 2013 12:00am
Outside forces using radical Islam to 'weaken Russia': Putin

Outside forces using radical Islam to 'weaken Russia': Putin

Russian President Vladimir Putin on Tuesday accused foreign "forces" of using radical Islam to sow discord in Russia, after a Muslim suicide bomber killed six on a bus in southern Russia. "Some political forces are using Islam or more precisely its radica
Published 23 Oct, 2013 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (October 22, 2013).

Published 23 Oct, 2013 12:00am
Outside forces using radical Islam to 'weaken Russia': Putin

Outside forces using radical Islam to 'weaken Russia': Putin

Russian President Vladimir Putin on Tuesday accused foreign "forces" of using radical Islam to sow discord in Russia, after a Muslim suicide bomber killed six on a bus in southern Russia. "Some political forces are using Islam or more precisely its radica
Published 23 Oct, 2013 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (October 22, 2013).

Published 23 Oct, 2013 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (October 22, 2013).

Published 23 Oct, 2013 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (October 22, 2013).

Published 23 Oct, 2013 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (October 22, 2013).

Published 23 Oct, 2013 12:00am
PHC dismisses case against Ogra

PHC dismisses case against Ogra

A division bench of Peshawar High Court on Tuesday dismissed a case filed against Oil and Gas Regulatory Authority (Ogra) by CNG stations owners. The bench comprised Chief Justice Dost Mohammad Khan and Justice Asadullah Chamkani. CNG stations owners had
Published 23 Oct, 2013 12:00am
THE RUPEE: easier trend

THE RUPEE: easier trend

The rupee continued its slide against the dollar on the currency market on Tuesday in the process of strong demand for greenback, dealers said. The rupee extended its fall in terms of the dollar, losing 20 paisa for buying and selling at Rs 106.50 and Rs
Published 23 Oct, 2013 12:00am
PHC dismisses case against Ogra

PHC dismisses case against Ogra

A division bench of Peshawar High Court on Tuesday dismissed a case filed against Oil and Gas Regulatory Authority (Ogra) by CNG stations owners. The bench comprised Chief Justice Dost Mohammad Khan and Justice Asadullah Chamkani. CNG stations owners had
Published 23 Oct, 2013 12:00am
THE RUPEE: easier trend

THE RUPEE: easier trend

The rupee continued its slide against the dollar on the currency market on Tuesday in the process of strong demand for greenback, dealers said. The rupee extended its fall in terms of the dollar, losing 20 paisa for buying and selling at Rs 106.50 and Rs
Published 23 Oct, 2013 12:00am
PHC dismisses case against Ogra

PHC dismisses case against Ogra

A division bench of Peshawar High Court on Tuesday dismissed a case filed against Oil and Gas Regulatory Authority (Ogra) by CNG stations owners. The bench comprised Chief Justice Dost Mohammad Khan and Justice Asadullah Chamkani. CNG stations owners had
Published 23 Oct, 2013 12:00am
PTCL declares Rs 100.5 billion revenue during nine months

PTCL declares Rs 100.5 billion revenue during nine months

Pakistan Telecommunication Company Limited (PTCL) has announced consolidated revenues of Rs 100.5 billion for nine-month ended on September 30. The financial results for the period ended September 2013 were announced at the Company''''s Board of Directors
Published 23 Oct, 2013 12:00am
PTCL declares Rs 100.5 billion revenue during nine months

PTCL declares Rs 100.5 billion revenue during nine months

Pakistan Telecommunication Company Limited (PTCL) has announced consolidated revenues of Rs 100.5 billion for nine-month ended on September 30. The financial results for the period ended September 2013 were announced at the Company''s Board of Directors (
Published 23 Oct, 2013 12:00am
PTCL declares Rs 100.5 billion revenue during nine months

PTCL declares Rs 100.5 billion revenue during nine months

Pakistan Telecommunication Company Limited (PTCL) has announced consolidated revenues of Rs 100.5 billion for nine-month ended on September 30. The financial results for the period ended September 2013 were announced at the Company's Board of Directors (B
Published 23 Oct, 2013 12:00am
PTCL declares Rs 100.5 billion revenue during nine months

PTCL declares Rs 100.5 billion revenue during nine months

Pakistan Telecommunication Company Limited (PTCL) has announced consolidated revenues of Rs 100.5 billion for nine-month ended on September 30. The financial results for the period ended September 2013 were announced at the Company's Board of Directors (B
Published 23 Oct, 2013 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (October 22, 2013).

Published 23 Oct, 2013 12:00am
French foreign minister tells Kerry US spying is 'unacceptable'

French foreign minister tells Kerry US spying is 'unacceptable'

French Foreign Minister Laurent Fabius said Tuesday he had made clear in talks with US Secretary of State John Kerry that snooping on its allies was "unacceptable". In talks in Paris on Tuesday morning, "I said again to John Kerry what (French President)
Published 23 Oct, 2013 12:00am
French foreign minister tells Kerry US spying is 'unacceptable'

French foreign minister tells Kerry US spying is 'unacceptable'

French Foreign Minister Laurent Fabius said Tuesday he had made clear in talks with US Secretary of State John Kerry that snooping on its allies was "unacceptable". In talks in Paris on Tuesday morning, "I said again to John Kerry what (French President)
Published 23 Oct, 2013 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 23 Oct, 2013 12:00am
Membership of 26 lawmakers suspended

Membership of 26 lawmakers suspended

The Election Commission of Pakistan (ECP) has notified the suspension order of 26 lawmakers. According to the ECP, the membership of lawmakers will be restored once they satisfy the commission regarding their assets. "Notifications have been issued to the
Published 23 Oct, 2013 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 23 Oct, 2013 12:00am
Membership of 26 lawmakers suspended

Membership of 26 lawmakers suspended

The Election Commission of Pakistan (ECP) has notified the suspension order of 26 lawmakers. According to the ECP, the membership of lawmakers will be restored once they satisfy the commission regarding their assets. "Notifications have been issued to the
Published 23 Oct, 2013 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 23 Oct, 2013 12:00am
Income tax returns: FBR to ratify IT circulars, SROs, rules

Income tax returns: FBR to ratify IT circulars, SROs, rules

The Federal Board of Revenue (FBR) will ratify all the income tax circulars of 2013, Income Support Levy Rules as well as SROs regarding income tax returns for individuals, companies and Association of Persons to meet the legal requirement of FBR Rules 20
Published 23 Oct, 2013 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 23 Oct, 2013 12:00am
Income tax returns: FBR to ratify IT circulars, SROs, rules

Income tax returns: FBR to ratify IT circulars, SROs, rules

The Federal Board of Revenue (FBR) will ratify all the income tax circulars of 2013, Income Support Levy Rules as well as SROs regarding income tax returns for individuals, companies and Association of Persons to meet the legal requirement of FBR Rules 20
Published 23 Oct, 2013 12:00am
Income tax returns: FBR to ratify IT circulars, SROs, rules

Income tax returns: FBR to ratify IT circulars, SROs, rules

The Federal Board of Revenue (FBR) will ratify all the income tax circulars of 2013, Income Support Levy Rules as well as SROs regarding income tax returns for individuals, companies and Association of Persons to meet the legal requirement of FBR Rules 20
Published 23 Oct, 2013 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 23 Oct, 2013 12:00am
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