News Archives for Print - 2013-10-25 - Business Recorder

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May 15, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Print - 2013-10-25

Tevta's three-day skill competition concludes

Tevta's three-day skill competition concludes

A three-day skill competition was held among the trainees of 11 technical colleges situated in seven districts of Technical Education and Vocational Training Authority (Tevta) Central Zone at Government College of Technology, Railway Road, Lahore. A large

Published 25 Oct, 2013 12:00am

Santander enjoys profit recovery

Santander enjoys profit recovery

Spanish banking giant Santander, the largest in the eurozone by market value, announced Thursday a leap in third-quarter profits as it recovered from big write-offs a year earlier. Santander's net profit rose to 1.055 billion euros ($1.46 billion) in the

Published 25 Oct, 2013 12:00am

Fed proposes bank liquidity rules tougher than Basel

Fed proposes bank liquidity rules tougher than Basel

The Federal Reserve on Thursday proposed new liquidity rules for banks that are tougher than the international Basel III standards, aiming to address industry weaknesses exposed by the financial crisis. The Fed's proposed "liquidity coverage ratio" seeks

Published 25 Oct, 2013 12:00am

US firms lukewarm on doing business in China

US firms lukewarm on doing business in China

Less than 30 percent of the members of a US business lobby in China say investment conditions are improving in the world's second-largest economy, a survey showed Thursday. Chinese authorities and state-run media have repeatedly targeted foreign firms in

Published 25 Oct, 2013 12:00am

Wal-Mart to open up to 110 new China stores

Wal-Mart to open up to 110 new China stores

Wal-Mart Stores Inc, the world's biggest retailer, is expanding its China business as it seeks to raise profitability in a slowing retail sector. Wal-Mart will open up to 110 facilities in China between 2014 and 2016, in addition to the 30 it has already

Published 25 Oct, 2013 12:00am

Jobless rate dips as Spain fights way out of recession

Jobless rate dips as Spain fights way out of recession

Spain announced Thursday a dip in its towering unemployment rate in the latest sign that the eurozone's fourth-largest economy is battling its way out of recession. The jobless rate eased for the second straight quarter to 25.98 percent in the third quart

Published 25 Oct, 2013 12:00am

Colgate-Palmolive quarterly profit rises

Colgate-Palmolive quarterly profit rises

Colgate-Palmolive reported slightly higher third-quarter earnings on Thursday as it spent more on advertising and posted strong sales growth in Latin America, yet failed to show robust growth at home. Its shares fell 2 percent in morning trading. The toot

Published 25 Oct, 2013 12:00am

Colgate-Palmolive quarterly profit rises

Colgate-Palmolive quarterly profit rises

Colgate-Palmolive reported slightly higher third-quarter earnings on Thursday as it spent more on advertising and posted strong sales growth in Latin America, yet failed to show robust growth at home. Its shares fell 2 percent in morning trading. The toot

Published 25 Oct, 2013 12:00am

BP wins big in Argentina LNG supply tender

BP wins big in Argentina LNG supply tender

Argentina's state-run energy firm YPF has picked BP to supply the bulk of its liquefied natural gas (LNG) needs in 2014 and 2015 following a major recent tender, a source with direct knowledge of the deal said. South America's No 3 economy last month laun

Published 25 Oct, 2013 12:00am

Progressive and stable Pakistan can ensure prosperity to each and every citizen: CEO Manzil Pakistan

Progressive and stable Pakistan can ensure prosperity to each and every citizen: CEO Manzil Pakistan

"The world is not black and white; taking a leftist or rightist view of socio-economic realities is not prudent in this day and age," Chief Executive Officer of Manzil Pakistan, Naheed Memon, kicked off a recent sit-down with BR Research by delineating th

Published 25 Oct, 2013 12:00am

Progressive and stable Pakistan can ensure prosperity to each and every citizen: CEO Manzil Pakistan

Progressive and stable Pakistan can ensure prosperity to each and every citizen: CEO Manzil Pakistan

"The world is not black and white; taking a leftist or rightist view of socio-economic realities is not prudent in this day and age," Chief Executive Officer of Manzil Pakistan, Naheed Memon, kicked off a recent sit-down with BR Research by delineating th

Published 25 Oct, 2013 12:00am

Santander enjoys profit recovery

Santander enjoys profit recovery

Spanish banking giant Santander, the largest in the eurozone by market value, announced Thursday a leap in third-quarter profits as it recovered from big write-offs a year earlier. Santander's net profit rose to 1.055 billion euros ($1.46 billion) in the

Published 25 Oct, 2013 12:00am

World Polio Day 2013 observed: 'Pakistan one of only three polio endemic countries'

World Polio Day 2013 observed: 'Pakistan one of only three polio endemic countries'

As the world marked "Polio Day 2013" on Thursday, Pakistan drew world's attention as one of only three polio endemic countries globally after Afghanistan and Nigeria. Despite polio eradication efforts, Pakistan continues to see a rising number of polio ca

Published 25 Oct, 2013 12:00am

Role of women in promotion of modern farm sector practices highlighted

Role of women in promotion of modern farm sector practices highlighted

Women farmers are playing a vital role in promotion of modern practices in the agriculture sector. This sector will help combat food insecurity and malnutrition affecting 58 percent of the population. It was the crux of a one-day seminar titled "improving

Published 25 Oct, 2013 12:00am

Rift within PPP Punjab ranks denied

Rift within PPP Punjab ranks denied

President PPP Punjab Manzoor Wattoo denied on Thursday any rift within party ranks, saying that the party was yet united and he was stressing party elections to strengthen political system of the country. He was reacting to the statement of former Parliam

Published 25 Oct, 2013 12:00am

65th foundation day of AJK celebrated

65th foundation day of AJK celebrated

The 65th foundation day of Azad Jammu Kashmir was celebrated with vehemence, passion and renewed commitment to intensify endeavour to rid Occupied Jammu and Kashmir from Indian subjugation and whole state annexation to Pakistan here on Thursday. Flag-hois

Published 25 Oct, 2013 12:00am

Canadian HC inaugurates solar irrigation plant

Canadian HC inaugurates solar irrigation plant

A solar irrigation plant was inaugurated by Canadian High Commissioner to Pakistan, Greg Giokas on Thursday in Khushpur village situated in the Faisalabad district. Khushpur village comprises of a total area of 2000 acres of agricultural land, of which un

Published 25 Oct, 2013 12:00am

Cotton market mostly quiet

Cotton market mostly quiet

On Thursday, the domestic cotton market displayed a quiet disposition. Weakness on the New York cotton futures market, reports of bumper crop in India predicting record level of output and Chinese indecision regarding its cotton purchase policies have wea

Published 25 Oct, 2013 12:00am

Cotton market mostly quiet

Cotton market mostly quiet

On Thursday, the domestic cotton market displayed a quiet disposition. Weakness on the New York cotton futures market, reports of bumper crop in India predicting record level of output and Chinese indecision regarding its cotton purchase policies have wea

Published 25 Oct, 2013 12:00am

Spot rate slides on easy supply

Spot rate slides on easy supply

Official spot rate, after maintaining a stable trend for a long time, dropped modestly on comfortable supply of seed cotton, dealers said on Thursday on the cotton market. The official spot rate was down by Rs 50 Rs 6850, they said. Prices of seed cotton

Published 25 Oct, 2013 12:00am

Oil cake market rates

Oil cake market rates

Deliveries were unchanged on the forward cottonseeds oilcake market on Thursday in process of trading, dealers said. The December vaida closed at Rs 953.80 and it opened at the same level in the morning session, they said. The January contract closed at R

Published 25 Oct, 2013 12:00am

European wheat futures hit 4-1/2 months high

European wheat futures hit 4-1/2 months high

European wheat futures hit new 4-1/2 month highs on Wednesday, supported by concerns about crop damage in rival exporters Australia and Argentina and underpinned by technical factors. January milling wheat, now the key benchmark for Paris-based futures, w

Published 25 Oct, 2013 12:00am

Qatar's bourse falls to three-week low, other markets up on earnings

Qatar's bourse falls to three-week low, other markets up on earnings

Qatar's bourse fell to a three-week low on Thursday as weak third-quarter earnings prompted many investors to look elsewhere for buying opportunities; other regional markets rose. Shares in heavyweight Qatar National Bank fell 1.7 percent to 160.0 riyals,

Published 25 Oct, 2013 12:00am

FTSE boosted to five-month high by earnings and banks

FTSE boosted to five-month high by earnings and banks

Britain's main share index rose on Thursday to a five-month high, boosted by strong earnings reports and a rebound in financial and basic material stocks. The blue-chip FTSE 100 index closed up 0.6 percent, or 38.70 points, at 6,713.18 points, its first c

Published 25 Oct, 2013 12:00am

India's BSE index hits 21,000 mark

India's BSE index hits 21,000 mark

India's benchmark BSE index retreated on Thursday from a near three-year high of above 21,000 on profit-taking, with software exporters including Tata Consultancy Services taking the brunt of the selling. The benchmark BSE index touched 21,039.42 before s

Published 25 Oct, 2013 12:00am

European shares regain poise thanks to upbeat earnings, China

European shares regain poise thanks to upbeat earnings, China

European shares climbed back towards five-year highs on Thursday thanks to a clutch of strong corporate results and encouraging manufacturing data from top metals consumer China. Autos were the top-performing sector, rising 1.7 percent after Germany's Dai

Published 25 Oct, 2013 12:00am

Taiwan stocks fall

Taiwan stocks fall

Taiwan stocks fell 0.2 percent on Thursday morning, weighed by chipmakers such as TSMC, after a host of US chipmakers gave quarterly revenue forecasts that disappointed Wall Street. The main TAIEX index had slid to 8,377.15 points about one and half an ho

Published 25 Oct, 2013 12:00am

US yields slip to three-month low

US yields slip to three-month low

US Treasuries yields fell to their lowest in three months on Wednesday, prompted by more bets that the Federal Reserve will not pare its bond purchase stimulus until next year in the aftermath of a disappointing jobs report on Tuesday. Buying overnight he

Published 25 Oct, 2013 12:00am

US yields slip to three-month low

US yields slip to three-month low

US Treasuries yields fell to their lowest in three months on Wednesday, prompted by more bets that the Federal Reserve will not pare its bond purchase stimulus until next year in the aftermath of a disappointing jobs report on Tuesday. Buying overnight he

Published 25 Oct, 2013 12:00am

Wall Street ends down on weak earnings, Boeing rallies

Wall Street ends down on weak earnings, Boeing rallies

US stocks fell on Wednesday as shares of heavy-equipment maker Caterpillar and semiconductor companies tumbled after they reported earnings, ending the S&P 500's four-session streak of record high finishes. Results from Caterpillar Inc and Boeing Co, two

Published 25 Oct, 2013 12:00am

Thursday's early trade: stocks surge

Thursday's early trade: stocks surge

US stocks edged higher on Thursday, continuing the market's recent upward trend as expectations for steady accommodative monetary policy for the foreseeable future offset a mixed batch of earnings and economic data. The S&P 500 is on track for its tenth g

Published 25 Oct, 2013 12:00am

Tokyo stocks higher

Tokyo stocks higher

Tokyo stocks cast off earlier losses to finish 0.42 percent higher on Thursday as investor sentiment got a boost from upbeat Chinese manufacturing data. The benchmark Nikkei 225 index added 60.36 points to 14,486.41, while the Topix index of all first-sec

Published 25 Oct, 2013 12:00am

Southeast Asian markets: Malaysian shares at record high

Southeast Asian markets: Malaysian shares at record high

Malaysian shares inched higher to a record close on Thursday amid optimism about the country's fiscal deficit while Indonesian stocks climbed to their highest close in five weeks amid foreign inflows. Malaysia's main index added 0.3 percent, extending Wed

Published 25 Oct, 2013 12:00am

Indian rupee gains for second day

Indian rupee gains for second day

The Indian rupee extended gains for a second session on Thursday, largely mirroring equity moves in a subdued trading session, with the focus gradually shifting to the central bank's rate meeting next week. The currency gained early, rising to 61.355 to a

Published 25 Oct, 2013 12:00am

Hong Kong, Chinese shares down

Hong Kong, Chinese shares down

Hong Kong stocks closed 0.71 percent lower on Thursday despite upbeat data from China which showed manufacturing activity expanded to a seven-month high in October. The benchmark Hang Seng Index dipped 164.13 points to 22,835.82 on turnover of HK$65.25 bi

Published 25 Oct, 2013 12:00am

US jobless claims stay elevated, manufacturing slows

US jobless claims stay elevated, manufacturing slows

The number of Americans filing new claims for unemployment benefits fell less than expected last week, but a lingering backlog of applications in California makes it difficult to get a good read of labour market conditions. While other data on Thursday sh

Published 25 Oct, 2013 12:00am

French jobless claims surge to record high

French jobless claims surge to record high

French jobless claims rose in September by the highest margin since the depths of the financial crisis in early 2009, hitting a new record and dealing a blow to President Francois Hollande's pledge to quickly reverse rising unemployment. However, the Labo

Published 25 Oct, 2013 12:00am

AT&T posts revenue just below expectations

AT&T posts revenue just below expectations

AT&T Inc posted third quarter revenue on Wednesday that was slightly below Wall Street estimates, but net income was a penny ahead as the company worked to control costs. The No 2 US mobile service provider had a third-quarter profit of $3.81 billion, or

Published 25 Oct, 2013 12:00am

AT&T posts revenue just below expectations

AT&T posts revenue just below expectations

AT&T Inc posted third quarter revenue on Wednesday that was slightly below Wall Street estimates, but net income was a penny ahead as the company worked to control costs. The No 2 US mobile service provider had a third-quarter profit of $3.81 billion, or

Published 25 Oct, 2013 12:00am

Strong new orders lift China HSBC flash PMI to seven-month high

Strong new orders lift China HSBC flash PMI to seven-month high

Strong new orders drove the fastest expansion in China's manufacturing sector in seven months in October, a preliminary survey showed on Thursday, more evidence that the economy is stabilising although a strong rebound remains elusive. The flash PMI figur

Published 25 Oct, 2013 12:00am

Eurozone business rally falters: PMI survey

Eurozone business rally falters: PMI survey

Eurozone business activity slowed in October, coming off a 27-month high in September to highlight concerns the economy is recovering only slowly from recession, a survey showed on Thursday. The closely-watched Composite Purchasing Manager's Index (PMI) c

Published 25 Oct, 2013 12:00am

Merchants agree basis for global cotton contract

Merchants agree basis for global cotton contract

A task force of cotton merchants has agreed the basis of a global futures contract, one of its members said on Thursday. This specification would likely form the basis for IntercontinentalExchange Inc's plans for the world's first international contract w

Published 25 Oct, 2013 12:00am

Obama demands House act on immigration

Obama demands House act on immigration

US President Barack Obama Thursday sought to capitalise on a moment of sharp Republican unpopularity by pressing his foes in Congress to pass a stalled immigration bill this year. Obama demanded action in the knowledge that the Republican Party is under p

Published 25 Oct, 2013 12:00am

Birth anniversary of Sir Syed Ahmed Khan today

Birth anniversary of Sir Syed Ahmed Khan today

The 196th birth anniversary of great Muslim reformer, Sir Syed Ahmed Khan, would be marked here on Friday (today), under the auspices of the Aligarh Muslim University Old Boys Association (AMUOBA) of Pakistan. An announcement on Thursday said that a cerem

Published 25 Oct, 2013 12:00am

MCB Bank earns Rs 17 billion profit despite difficult environment

MCB Bank earns Rs 17 billion profit despite difficult environment

MCB Bank Ltd registered profit before tax of Rs 25.748 billion with an increase of 2 percent and profit after tax of Rs 17.182 billion with an increase of 4 percent over September 30, 2012. The growth in profitability numbers is reflective of the underlyi

Published 25 Oct, 2013 12:00am

EFU GUARANT GROWTH FUND Rates

EFU GUARANT GROWTH FUND Rates

EFU Guarant Growth Fund Rates on Thursday (October 24, 2013).

Published 25 Oct, 2013 12:00am

MCB Bank earns Rs 17 billion profit despite difficult environment

MCB Bank earns Rs 17 billion profit despite difficult environment

MCB Bank Ltd registered profit before tax of Rs 25.748 billion with an increase of 2 percent and profit after tax of Rs 17.182 billion with an increase of 4 percent over September 30, 2012. The growth in profitability numbers is reflective of the underlyi

Published 25 Oct, 2013 12:00am

Dates of Closure of Books & Annual General Meetings

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 25 Oct, 2013 12:00am

MCB Bank earns Rs 17 billion profit despite difficult environment

MCB Bank earns Rs 17 billion profit despite difficult environment

MCB Bank Ltd registered profit before tax of Rs 25.748 billion with an increase of 2 percent and profit after tax of Rs 17.182 billion with an increase of 4 percent over September 30, 2012. The growth in profitability numbers is reflective of the underlyi

Published 25 Oct, 2013 12:00am

Clearing Schedule for T+2 System

Clearing Schedule for T+2 System

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

Published 25 Oct, 2013 12:00am

231 megawatts power ship: Ministry files appeal with a view to seeking clarification

231 megawatts power ship: Ministry files appeal with a view to seeking clarification

Ministry of Water and Power has reportedly filed a Civil Miscellaneous Appeal (CMA) in the Supreme Court (SC) seeking an answer to question whether or not Chairman National Accountability Bureau (NAB) will be held personally responsible if M/s Karkey Kara

Published 25 Oct, 2013 12:00am

Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 25 Oct, 2013 12:00am

231 megawatts power ship: Ministry files appeal with a view to seeking clarification

231 megawatts power ship: Ministry files appeal with a view to seeking clarification

Ministry of Water and Power has reportedly filed a Civil Miscellaneous Appeal (CMA) in the Supreme Court (SC) seeking an answer to question whether or not Chairman National Accountability Bureau (NAB) will be held personally responsible if M/s Karkey Kara

Published 25 Oct, 2013 12:00am

Last date of renunciation/payment

Last date of renunciation/payment

Last dates of renunciation/payment.

Published 25 Oct, 2013 12:00am

231 megawatts power ship: Ministry files appeal with a view to seeking clarification

231 megawatts power ship: Ministry files appeal with a view to seeking clarification

Ministry of Water and Power has reportedly filed a Civil Miscellaneous Appeal (CMA) in the Supreme Court (SC) seeking an answer to question whether or not Chairman National Accountability Bureau (NAB) will be held personally responsible if M/s Karkey Kara

Published 25 Oct, 2013 12:00am

Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 25 Oct, 2013 12:00am

Pakistan, US sign S&T cooperation agreement

Pakistan, US sign S&T cooperation agreement

The United States and Pakistan on Wednesday signed a five-year extension of the US-Pakistan Science and Technology Co-operation Agreement. State Department Assistant Secretary for Oceans and International Environmental and Scientific Affairs (OES) Dr Kerr

Published 25 Oct, 2013 12:00am

Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 25 Oct, 2013 12:00am

Pakistan, US sign S&T cooperation agreement

Pakistan, US sign S&T cooperation agreement

The United States and Pakistan on Wednesday signed a five-year extension of the US-Pakistan Science and Technology Co-operation Agreement. State Department Assistant Secretary for Oceans and International Environmental and Scientific Affairs (OES) Dr Kerr

Published 25 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 25 Oct, 2013 12:00am

Pakistan, US sign S&T cooperation agreement

Pakistan, US sign S&T cooperation agreement

The United States and Pakistan on Wednesday signed a five-year extension of the US-Pakistan Science and Technology Co-operation Agreement. State Department Assistant Secretary for Oceans and International Environmental and Scientific Affairs (OES) Dr Kerr

Published 25 Oct, 2013 12:00am

BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 25 Oct, 2013 12:00am

Withholding agents not depositing money caught by Crest

Withholding agents not depositing money caught by Crest

The Computerised Risk-Based Evaluation of Sales Tax (Crest) system of the Federal Board of Revenue caught sales tax registered persons operating as withholding agents and not paying the withheld amount of tax to the tune of billions. Sources told Busin

Published 25 Oct, 2013 12:00am

Despatch of dividend warrants

Dates of despatch of dividend warrants and bonus share certificates.

Published 25 Oct, 2013 12:00am

ANP leader abduction: strike observed in various areas of Balochistan

A shutter down and wheel jam strike was observed in the provincial capital and different areas of Western Balochistan against kidnapping of Awami National Party's former Balochistan President Arbab Abdul Zahir Kasi here on Thursday. The strike was observe
Published 25 Oct, 2013 12:00am

BRIndex30 and BR Sectoral Indices

BRIndex30 and BR Sectoral Indices on Thursday (October 24, 2013).

Published 25 Oct, 2013 12:00am

15 officials involved in clearing on wrong VRs arrested

Customs department has caught its 15 officers allegedly involved in clearing consignments on wrong valuation rulings (VRs), causing revenue loss of Rs 15 million; it was learnt here on Thursday. Sources told Business Recorder that the Model Collect
Published 25 Oct, 2013 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Thursday (October 24, 2013)

Published 25 Oct, 2013 12:00am

Shahbaz to participate in 'Pakistan Day' moots at Berlin, Munich

An 80-member delegation of Pakistani businessmen and industrialists led by Chief Minister of Punjab Shahbaz Sharif will be visiting Germany to participate in a day-long conference on 'Pakistan Day', being held in Berlin on October 30. 'Pakistan Day' is al
Published 25 Oct, 2013 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Thursday (October 24, 2013)

Published 25 Oct, 2013 12:00am

Payment of dues KESC issues final notice to Sindh Police

Karachi Electric Supply Company (KESC) has issued final disconnection notice to Sindh Police after the Department failed to pay accumulated electricity charges of Rs 1.2 billion against various connections despite repeated communications and reminders. In
Published 25 Oct, 2013 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Thursday (October 24, 2013)

Published 25 Oct, 2013 12:00am

Country to remain in the grip of dry weather

Mainly dry weather is expected in most parts of the country in the next 24 hours, according to the Met office on Thursday. However it forecast partly cloudy condition/light rain at isolated places in Malakand division and Gilgit-Baltistan during the perio
Published 25 Oct, 2013 12:00am

Member to Member

The following transactions member to member subsequently reported on Thursday (October 24, 2013).

Published 25 Oct, 2013 12:00am

Outgoing international passengers: Commission for introducing currency declaration form

The Commission on 'smuggling of arms and ammunition' has recommended that there is an urgent need to introduce a currency declaration forms, making it mandatory for all outgoing international passengers to declare the foreign currency that they are taking
Published 25 Oct, 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 Thursday (October 24, 2013).

Published 25 Oct, 2013 12:00am

Inter-provincial gang busted

Aabpara Police Station Islamabad on Thursday busted an inter-provincial gang of burglars, besides recovering 28 stolen mobile phones, foreign currency, cameras, three pistols, seven laptops, wrist watches and gold ornaments. During interrogation, they als
Published 25 Oct, 2013 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (October 24, 2013).

Published 25 Oct, 2013 12:00am

Verification of votes through thumb impression: SHC puts off hearing of petition to November 5

Sindh High Court (SHC) on Thursday put off the hearing of a petition of MQM lawmaker against verification of votes in PS-128 Karachi through thumb impression by National Database and Registration Authority (Nadra) till November 05. MQM MPA Waqar Hussain,
Published 25 Oct, 2013 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (October 24, 2013).

Published 25 Oct, 2013 12:00am

'Dekho Japan Week' inaugurated

Consul General of Japan, Akira Ouchi, inaugurated "Dekho Japan Week" at Sakura Japanese Restaurant, Pearl Continental, here on Thursday. Muhammad A. Azeem Qureshi, General Manager Pearl Continental and many others were present on the occasion.
Published 25 Oct, 2013 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (October 24, 2013).

Published 25 Oct, 2013 12:00am

Mumbai attacks trial postponed again

An Anti-Terrorism Court (ATC) conducting the Mumbai attacks trial on Thursday issued summonses to four witnesses including the seller of a boat that was used by 10 terrorists to reach India, even as it postponed the hearing of the case by two weeks. Recor
Published 25 Oct, 2013 12:00am

THE RUPEE: declines

Persistent demand for dollars, pushed the rupee down on the currency market on Thursday, dealers said. The rupee shed two paisa in terms of the dollar for buying and selling at Rs 106.50 and Rs 106.52 respectively, they said.
Published 25 Oct, 2013 12:00am

Missing persons' issue can't be resolved sans parliament's action: CJ PHC

Chief Justice Peshawar High Court (PHC) Justice Dost Muhammad Khan has said that missing persons issue can't be resolved until parliament takes action over it. He stated this during proceeding of the hearing of a case about missing persons here on Thursda
Published 25 Oct, 2013 12:00am

THE RUPEE: declines

Persistent demand for dollars, pushed the rupee down on the currency market on Thursday, dealers said. The rupee shed two paisa in terms of the dollar for buying and selling at Rs 106.50 and Rs 106.52 respectively, they said.
Published 25 Oct, 2013 12:00am

Zulfiqar Mirza hails targeted operation in Karachi

Former home minister Sindh, Dr Zulfiqar Mirza supporting the targeted operation in Karachi termed it a positive decision of the Federal Government. Talking to media persons on the occasion of annual Urs of Sufi Saint Syed Saman Sarkar in Pingrio area of d
Published 25 Oct, 2013 12:00am

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Thursday (October 24, 2013).

Published 25 Oct, 2013 12:00am

Painting, speech contest on Japan held

The Japanese Embassy organised a painting and speech competition on Japan among the students of local education institutions at the Alhamra Arts Council here on Thursday. Japan's Ambassador to Pakistan Hiroshi Insomata especially participated in the funct
Published 25 Oct, 2013 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Thursday (October 24, 2013).

Published 25 Oct, 2013 12:00am

Ahsan for regional cooperation

Federal Minister for Planning, Development and Reforms Ahsan Iqbal has said that the co-operation with Central Asian states can bring great opportunities of growth and prosperity for the region. Ahsan said Prime Minister Nawaz Sharif made regional connect
Published 25 Oct, 2013 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (October 24, 2013).

Published 25 Oct, 2013 12:00am

Power tariff increase: LHC seeks reply from government, Nepra by October 28

The Lahore High Court Chief Justice on Thursday sought reply from federal government and National Electric Power Regulatory Authority (Nepra), in a petition challenging on the increased in power tariff and unannounced load shedding, by October 28.
Published 25 Oct, 2013 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (October 24, 2013).

Published 25 Oct, 2013 12:00am

PSSP Competitive Grant Programme: need to boost research culture stressed

"The research culture must be given a boost; it should be able to offer solutions to different social problems." This was stated by Vice Chancellor, University of Agriculture, Faisalabad, Professor Dr Iqrar Ahmad Khan, while speaking at PSSP Competitive G
Published 25 Oct, 2013 12:00am

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (October 24, 2013).

Published 25 Oct, 2013 12:00am

3G licence: Minister assures full support to bidders

Minister of State for IT and Telecom Anusha Rahman Khan assured full government support and complete transparency to the prospective investors bidding for the upcoming spectrum auction of next generation mobile services in Pakistan. She stated this during
Published 25 Oct, 2013 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Thursday (October 24, 2013).

Published 25 Oct, 2013 12:00am

Jamaat-i-Islami chief criticises Nawaz's US visit

Ameer, Jamaat-i-Islami, Pakistan, Syed Munawar Hasan, has said that Prime Minister Nawaz Sharif, at his meeting with US President Barack Obama, had failed to secure any positive response on the issues of drone attacks, the Kashmir issue and the release of
Published 25 Oct, 2013 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (October 24, 2013).

Published 25 Oct, 2013 12:00am

Previous Day

Forex
World
Commodity

Currency Rate

USD PKR Interbank Selling / May 15

281.68

USD PKR Interbank Buying / May 15

281.43

USD to Japanese Yen / May 15

145.80

USD to Swiss Franc / May 15

0.84

Pound Sterling to USD / May 15

1.33

Euro to USD / May 15

1.12

UK LIBOR % / May 14

4.96

Stock Volume

S&P 500 / May 14

5,892.58

Nasdaq / May 14

19,146.81

Dow Jones / May 14

42,051.06

India Sensex / May 15

80,937.53

Tokyo Nikkei / May 15

37,755.51

Hang Seng / May 15

23,453.16

FTSE 100 / May 15

8,561.58

Germany DAX 30 / May 15

23,462.44

France CAC40 / May 15

7,814.71

Item Value

Karachi Cotton PKR/37.32 KG / May 14

16,985

Gold 10 Grams PKR / May 14

293,124

Petrol/Litre / May 15

252.63

Crude Oil USD/Barrel / May 15

60.66

Gold Spot USD/Ounce / May 15

3,162.99

Diesel/Litre / May 15

256.64

Cotton US¢/pound / May 15

65.21

Gainers
Losers
Leaders

Stock Price

Cres.Star Ins. / May 15

Crescent Star Insurance Limited(CSIL)

3.02

▲ 0.41 (15.71%)

Parmount Sp. / May 15

Paramount Spinning Mills Limited(PASM)

3.70

▲ 0.46 (14.2%)

Ghani Chemworld / May 15

Ghani Chemworld Limited(GCWL)

9.14

▲ 1 (12.29%)

S.G.Power / May 15

S.G. Power Limited(SGPL)

8.65

▲ 0.94 (12.19%)

Premier Insurance / May 15

Premier Insurance Limited(PINL)

5.83

▲ 0.63 (12.12%)

Dewan Mushtaq / May 15

Dewan Mushtaq Textile Mills Limited(DMTM)

9.83

▲ 1 (11.33%)

Hala Enterprise / May 15

Hala Enterprises Limited(HAEL)

13.26

▲ 1.21 (10.04%)

P.T.C.L. / May 15

Pakistan Telecommunication Company Ltd(PTC)

22.06

▲ 2.01 (10.02%)

Flying Cement / May 15

Flying Cement Company Limited(FLYNG)

49.46

▲ 4.5 (10.01%)

Octopus Digital / May 15

Octopus Digital Limited(OCTOPUS)

52.09

▲ 4.74 (10.01%)

Stock Price

Olympia Mills / May 15

Olympia Mills Limited(OML)

50.47

▼ -5.06 (-9.11%)

Hussain Industries / May 15

Husein Industries Limited(HUSI)

26.65

▼ -2.64 (-9.01%)

Apna Microfin. / May 15

Apna Microfinance Bank Limited(AMBL)

10.04

▼ -0.91 (-8.31%)

Askari Life Assur. / May 15

Askari Life Assurance Company Limited(ALAC)

4.63

▼ -0.35 (-7.03%)

Imperial Limited / May 15

Imperial Limited(IML)

16.52

▼ -1.23 (-6.93%)

B. F. Mod. / May 15

B.F. Modaraba(BFMOD)

8.73

▼ -0.61 (-6.53%)

Punjab Oil / May 15

Punjab Oil Mills Limited(POML)

186.82

▼ -11.54 (-5.82%)

Equity Modaraba / May 15

First Equity Modaraba(FEM)

2.85

▼ -0.16 (-5.32%)

Pakgen Power / May 15

Pakgen Power Limited(PKGP)

114.14

▼ -6.39 (-5.3%)

Ashfaq Textile / May 15

Ashfaq Textile Mills Limited(ASHT)

12.34

▼ -0.68 (-5.22%)

Stock Volume

Pak Refinery / May 15

Pakistan Refinery Limited(PRL)

50,818,876

▲ 2.68

Cnergyico PK / May 15

Cnergyico PK Limited(CNERGY)

47,570,881

▲ 0.48

K-Electric Ltd. / May 15

K-Electric Limited(KEL)

40,246,546

▲ 0.16

Kohinoor Spining / May 15

Kohinoor Spinning Mills Limited(KOSM)

32,888,417

▲ 0.18

At-Tahur Ltd. / May 15

At-Tahur Limited(PREMA)

29,667,657

▲ 4.48

Sui South Gas / May 15

Sui Southern Gas Company Limited(SSGC)

25,344,612

▲ 0.91

Waves Corporation / May 15

Waves Corporation Limited(WAVES)

21,773,148

▲ 0.29

Pak Petroleum / May 15

Pakistan Petroleum Limited(PPL)

16,962,449

▲ 3.34

B.O.Punjab / May 15

The Bank of Punjab(BOP)

16,957,410

▲ 0.15

WorldCall Telecom / May 15

Worldcall Telecom Limited(WTL)

16,572,822

▲ 0.03

Markets →

Most Popular

Today

Yesterday

Past 3 Days

Hike in prices of petrol, diesel likely

Pakistan, India talks in Saudi Arabia likely

NJLI Sarmaya Growth Fund Rates

Amendments to net-metering rules: Power Div. set to resubmit its proposal to ECC

Pakistan’s economy pulled off ‘macroeconomic miracle’ in past two years: Barron’s

Gold price per tola falls Rs6,700 in Pakistan

Meeting scheduled for 15-16th: PD to brief IMF on CDMP, subsidy and carbon levy law

KSE-100 Index gains over 1% to close all-time high

Gold price per tola falls Rs2,300 in Pakistan

Amendments to net-metering rules: Power Div. set to resubmit its proposal to ECC

NJLI Sarmaya Growth Fund Rates

Pakistan’s economy pulled off ‘macroeconomic miracle’ in past two years: Barron’s

IMF talks begin today

Pakistan, Russia agree to establish new steel mills in Karachi

Pakistan receives second tranche of $1.02bn from IMF, confirms SBP

Success of Chinese jets against India raises alarm in Asia: report

Sindh govt to provide ‘easy loans’ to small, medium businesses

Housing finance schemes: Pakistan govt ready to offer 100% guarantees to banks

Hike in prices of petrol, diesel likely

NJLI Sarmaya Growth Fund Rates

Amendments to net-metering rules: Power Div. set to resubmit its proposal to ECC

Gold price per tola falls massive Rs10,400 in Pakistan

Housing finance schemes: Pakistan govt ready to offer 100% guarantees to banks

Pakistan’s economy pulled off ‘macroeconomic miracle’ in past two years: Barron’s

Success of Chinese jets against India raises alarm in Asia: report

Buying rally continues at bourse, KSE-100 settles with nearly 1,300-point gain

Sindh govt to provide ‘easy loans’ to small, medium businesses

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