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Print - 2014-02-18
Iran says may send forces to free border guards

Iran says may send forces to free border guards

Iran said on Monday it would send forces into Pakistan to free five border guards said to have been kidnapped by militants if Islamabad did not take measures to secure their release. According to Iranian media reports, the guards were seized on February 6
Published 18 Feb, 2014 12:00am
Two wounded in grenade attack on Recorder House

Two wounded in grenade attack on Recorder House

Unidentified motorcyclists lobbed a hand-grenade at the main entrance of the Recorder House, which houses Business Recorder and Aaj News, leaving two employees injured. The incident took place at 7pm yesterday. The injured were Guard Rasool Baksh,
Published 18 Feb, 2014 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Monday (February 17, 2014).

Published 18 Feb, 2014 12:00am
Taliban talks: killings drive final nail into bubble?

Taliban talks: killings drive final nail into bubble?

Prime Minister Nawaz Sharif has strongly condemned the murder of Frontier Constabulary (FC) personnel by Taliban in Mohmand Agency and termed it a profoundly negative development for peace process. Sharif said it was a gruesome act, adding that such incid
Published 18 Feb, 2014 12:00am
World currencies and euro

World currencies and euro

Value of the euro in terms of other world currencies as prevailing in the week ended Monday (February 17, 2014).
Published 18 Feb, 2014 12:00am
Taliban talks: killings drive final nail into bubble?

Taliban talks: killings drive final nail into bubble?

Prime Minister Nawaz Sharif has strongly condemned the murder of Frontier Constabulary (FC) personnel by Taliban in Mohmand Agency and termed it a profoundly negative development for peace process. Sharif said it was a gruesome act, adding that such incid
Published 18 Feb, 2014 12:00am
Government team refuses to attend meeting

Government team refuses to attend meeting

The government nominated team on Monday refused to hold a scheduled meeting with their Taliban counterparts and noted with concerns that situation is not heading in the "right direction" following martyrdom of 23 FC personnel by a faction of the banned Te
Published 18 Feb, 2014 12:00am
Government team refuses to attend meeting

Government team refuses to attend meeting

The government nominated team on Monday refused to hold a scheduled meeting with their Taliban counterparts and noted with concerns that situation is not heading in the "right direction" following martyrdom of 23 FC personnel by a faction of the banned Te
Published 18 Feb, 2014 12:00am
Taliban body deplores FC men's killings

Taliban body deplores FC men's killings

The Taliban nominated negotiation committee has also expressed same sentiments like government committee over killing of FC personnel's in Mohmand Agency. The committee held meeting under the chairmanship of its head Maulana Samiul Haq at Akora Khattak on
Published 18 Feb, 2014 12:00am
Taliban body deplores FC men's killings

Taliban body deplores FC men's killings

The Taliban nominated negotiation committee has also expressed same sentiments like government committee over killing of FC personnel's in Mohmand Agency. The committee held meeting under the chairmanship of its head Maulana Samiul Haq at Akora Khattak on
Published 18 Feb, 2014 12:00am
Equities extend losses

Equities extend losses

The new week commenced on a negative note at Karachi Stock Exchange amid concerns over the fate of talks with Taliban. The KSE-100 index shed 390 points to close at 26,003 points against 26,394 points Friday. During the intraday trading, the 100-index tou
Published 18 Feb, 2014 12:00am
Equities extend losses

Equities extend losses

The new week commenced on a negative note at Karachi Stock Exchange amid concerns over the fate of talks with Taliban. The KSE-100 index shed 390 points to close at 26,003 points against 26,394 points Friday. During the intraday trading, the 100-index tou
Published 18 Feb, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (February 17, 2014).

Published 18 Feb, 2014 12:00am
Equities extend losses

Equities extend losses

The new week commenced on a negative note at Karachi Stock Exchange amid concerns over the fate of talks with Taliban. The KSE-100 index shed 390 points to close at 26,003 points against 26,394 points Friday. During the intraday trading, the 100-index tou
Published 18 Feb, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (February 17, 2014).

Published 18 Feb, 2014 12:00am
BRIndex30 dips by 304.44 points

BRIndex30 dips by 304.44 points

On Mon-day, BRIndex30 opened at 15,668.84. It touched an intraday high of 15,669.98 and an intraday low of 15,305.13 and closed at 15,364.40, which was -304.44 points or -1.94 percent lower than previous close. Total volume was 78,501,800, which was 45.07
Published 18 Feb, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (February 17, 2014).

Published 18 Feb, 2014 12:00am
BRIndex30 dips by 304.44 points

BRIndex30 dips by 304.44 points

On Mon-day, BRIndex30 opened at 15,668.84. It touched an intraday high of 15,669.98 and an intraday low of 15,305.13 and closed at 15,364.40, which was -304.44 points or -1.94 percent lower than previous close. Total volume was 78,501,800, which was 45.07
Published 18 Feb, 2014 12:00am
Eurozone regulators gather for detail on bank review plans

Eurozone regulators gather for detail on bank review plans

The eurozone's banks are about to get greater insight into the European Central Bank's landmark review of their books, as national experts and their advisers meet in Frankfurt on Monday to hammer down details of the next phase of the tests. The ECB is car
Published 18 Feb, 2014 12:00am
Eurozone regulators gather for detail on bank review plans

Eurozone regulators gather for detail on bank review plans

The eurozone's banks are about to get greater insight into the European Central Bank's landmark review of their books, as national experts and their advisers meet in Frankfurt on Monday to hammer down details of the next phase of the tests. The ECB is car
Published 18 Feb, 2014 12:00am
Eurozone regulators gather for detail on bank review plans

Eurozone regulators gather for detail on bank review plans

The eurozone''s banks are about to get greater insight into the European Central Bank''s landmark review of their books, as national experts and their advisers meet in Frankfurt on Monday to hammer down details of the next phase of the tests. The ECB is c
Published 18 Feb, 2014 12:00am
Defence issues taken up with Saudi Arabia

Defence issues taken up with Saudi Arabia

Army Chief General Raheel Sharif and Chairman Joint Chiefs of Staff Committee (CJCSC) General Rashad Mehmood held separate meetings with Saudi Crown Prince Salman Bin Abdul Aziz on Monday and discussed defence-related issues. Analysts believe the visit of
Published 18 Feb, 2014 12:00am
Defence issues taken up with Saudi Arabia

Defence issues taken up with Saudi Arabia

Army Chief General Raheel Sharif and Chairman Joint Chiefs of Staff Committee (CJCSC) General Rashad Mehmood held separate meetings with Saudi Crown Prince Salman Bin Abdul Aziz on Monday and discussed defence-related issues. Analysts believe the visit of
Published 18 Feb, 2014 12:00am
$183 million export credit, power project deals signed

$183 million export credit, power project deals signed

Pakistan and Saudi Arabia on Monday signed two agreements on export credit facility of $125 million for purchase of urea from Sabic and $58 million funding by Saudi Fund for Development of Golen Gol Hydropower Project in Chitral. Prime Minister Nawaz Shar
Published 18 Feb, 2014 12:00am
$183 million export credit, power project deals signed

$183 million export credit, power project deals signed

Pakistan and Saudi Arabia on Monday signed two agreements on export credit facility of $125 million for purchase of urea from Sabic and $58 million funding by Saudi Fund for Development of Golen Gol Hydropower Project in Chitral. Prime Minister Nawaz Shar
Published 18 Feb, 2014 12:00am
$183 million export credit, power project deals signed

$183 million export credit, power project deals signed

Pakistan and Saudi Arabia on Monday signed two agreements on export credit facility of $125 million for purchase of urea from Sabic and $58 million funding by Saudi Fund for Development of Golen Gol Hydropower Project in Chitral. Prime Minister Nawaz Shar
Published 18 Feb, 2014 12:00am
Call for exploiting opportunities in diverse fields

Call for exploiting opportunities in diverse fields

Pakistan and Saudi Arabia Monday called for taking advantage of the opportunities available in the two brotherly countries for expanding and improving investment, trade, energy, infrastructure development and defence co-operation. According to a joint sta
Published 18 Feb, 2014 12:00am
Call for exploiting opportunities in diverse fields

Call for exploiting opportunities in diverse fields

Pakistan and Saudi Arabia Monday called for taking advantage of the opportunities available in the two brotherly countries for expanding and improving investment, trade, energy, infrastructure development and defence co-operation. According to a joint sta
Published 18 Feb, 2014 12:00am
Call for exploiting opportunities in diverse fields

Call for exploiting opportunities in diverse fields

Pakistan and Saudi Arabia Monday called for taking advantage of the opportunities available in the two brotherly countries for expanding and improving investment, trade, energy, infrastructure development and defence co-operation. According to a joint sta
Published 18 Feb, 2014 12:00am
LSE index falls by 133.34 points

LSE index falls by 133.34 points

Bearish sentiments dominated on the Lahore Stock Exchange on Monday and the equities suffered losses amid decreased trading turnover due to the investors' cautious approach. The LSE-25 index was declined to 4925.05 against 5058.39 of last Friday, showing
Published 18 Feb, 2014 12:00am
LSE index falls by 133.34 points

LSE index falls by 133.34 points

Bearish sentiments dominated on the Lahore Stock Exchange on Monday and the equities suffered losses amid decreased trading turnover due to the investors' cautious approach. The LSE-25 index was declined to 4925.05 against 5058.39 of last Friday, showing
Published 18 Feb, 2014 12:00am
ISE index sheds 27.3 points

ISE index sheds 27.3 points

Bears retuned in the driving seat at the Islamabad Stock Exchange (ISE) on Monday, where losers outclassed gainers amid decrease in index. ISE Ten Index showed a decrease of 27.30 points as the ISE Ten Index moved from 4,556.92 to 4,529.62 points. The ove
Published 18 Feb, 2014 12:00am
ISE index sheds 27.3 points

ISE index sheds 27.3 points

Bears retuned in the driving seat at the Islamabad Stock Exchange (ISE) on Monday, where losers outclassed gainers amid decrease in index. ISE Ten Index showed a decrease of 27.30 points as the ISE Ten Index moved from 4,556.92 to 4,529.62 points. The ove
Published 18 Feb, 2014 12:00am
Abdul Basit made High Commissioner to India

Abdul Basit made High Commissioner to India

The government has appointed seasoned diplomat Abdul Basit as new High Commissioner to India, said a statement of the Ministry of Foreign Affairs on Monday. The long-awaited decision came following reversal of an earlier decision in which Prime Minister N
Published 18 Feb, 2014 12:00am
Saudi Crown Prince seen off

Saudi Crown Prince seen off

Saudi Crown Prince, Deputy Prime Minister and Defence Minister Salman Bin Abdul Aziz Al-Saud on Monday was seen off at the Nur Khan airbase by Prime Minister Muhammad Nawaz Sharif. Members of the Federal Cabinet, Services Chiefs and Chief Minister Punjab
Published 18 Feb, 2014 12:00am
Leading lawyers skip ISL payment

Leading lawyers skip ISL payment

Senator Barrister Aitzaz Ahsan paid Rs 8,763,691 as tax in Tax Year 2013, but no Income Support Levy (ISL), the Tax Directory of the Federal Board of Revenue revealed. Among other sitting parliamentarians, who also fall in this category are practising law
Published 18 Feb, 2014 12:00am
PESCO CEO files defamation suit against Khyber Pakhtunkhwa minister

PESCO CEO files defamation suit against Khyber Pakhtunkhwa minister

Chief Execu-tive, Peshawar Electric Supply Company (PESCO), Brigadier Tariq Saddozai (Retd) has served a Rs 500 million defamation suit on Khyber Pakhtunkhwa Minister for Information Shah Farman. According to a spokesman for Chief Executive, PESCO, Brigad
Published 18 Feb, 2014 12:00am
Afghan peace team seeks Dubai meeting with Taliban figures

Afghan peace team seeks Dubai meeting with Taliban figures

A delegation from Afghanistan's High Peace Council has travelled to Dubai to meet former and current Taliban figures, in the hope of laying the groundwork for peace talks to end Afghanistan's long conflict, sources familiar with the move told Reuters. Off
Published 18 Feb, 2014 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 18 Feb, 2014 12:00am
Free Syrian Army sacks chief for battlefield failures

Free Syrian Army sacks chief for battlefield failures

The Free Syrian Army has sacked its leader after the Western-backed rebels suffered repeated setbacks, amid signs of an escalation in fighting that has already killed more than 140,000 people. Activists warned Monday that regime troops are preparing a gro
Published 18 Feb, 2014 12:00am
TDAP scam: private secretary to Amin arrested?

TDAP scam: private secretary to Amin arrested?

Federal Investigation Agency (FIA) has reportedly arrested Private Secretary to the former Commerce Minister Makhdoom Amin Fahim for his alleged involvement in billions of rupees scam of Trade Development Authority of Pakistan (TDAP). "Amin Fahim's Privat
Published 18 Feb, 2014 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 18 Feb, 2014 12:00am
TDAP scam: private secretary to Amin arrested?

TDAP scam: private secretary to Amin arrested?

Federal Investigation Agency (FIA) has reportedly arrested Private Secretary to the former Commerce Minister Makhdoom Amin Fahim for his alleged involvement in billions of rupees scam of Trade Development Authority of Pakistan (TDAP). "Amin Fahim's Privat
Published 18 Feb, 2014 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 18 Feb, 2014 12:00am
TDAP scam: private secretary to Amin arrested?

TDAP scam: private secretary to Amin arrested?

Federal Investigation Agency (FIA) has reportedly arrested Private Secretary to the former Commerce Minister Makhdoom Amin Fahim for his alleged involvement in billions of rupees scam of Trade Development Authority of Pakistan (TDAP). "Amin Fahim''s Priva
Published 18 Feb, 2014 12:00am
Board meetings in progress

Board meetings in progress

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

Published 18 Feb, 2014 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 18 Feb, 2014 12:00am
Iran says may send forces to free border guards

Iran says may send forces to free border guards

Iran said on Monday it would send forces into Pakistan to free five border guards said to have been kidnapped by militants if Islamabad did not take measures to secure their release. According to Iranian media reports, the guards were seized on February 6
Published 18 Feb, 2014 12:00am
Troops hold exercise on Tilla Ranges

Troops hold exercise on Tilla Ranges

Troops of Gujranwala and Sialkot formations carried out field firing and battle inoculation exercise at Tilla Ranges near Jhelum on Monday. Corps Commander Mangla, Lieutenant General Tariq Khan and Corps Commander Gujranwala, Lieutenant General Salim Nawa
Published 18 Feb, 2014 12:00am
United Nations takes aim at asteroid threat to earth

United Nations takes aim at asteroid threat to earth

As the anniversary of last year's surprise Russian meteor explosion nears, a United Nations action team is taking steps to thwart dangerous space rocks, including setting up a warning network and a planning advisory group that would co-ordinate a counterp
Published 18 Feb, 2014 12:00am
One injured in Peshawar hotel explosion

One injured in Peshawar hotel explosion

An explosion occurred in a three-star hotel in Peshawar's Namak Mandi area on Monday, leaving one person injured. According to the police, the blast took place on the first floor of the hotel near to the lobby. As a result, the hotel's security guard Alla
Published 18 Feb, 2014 12:00am
KE refutes KWSB's allegations

KE refutes KWSB's allegations

K-Electric, formerly KESC has strongly refuted and denied the allegations made by the MD KWSB in certain sections of the press, in which he blamed K-Electric for providing interrupted power supply to the pumping stations of KWSB. In a press statement, spo
Published 18 Feb, 2014 12:00am
Jirga members: political agent summoned on illegal confinement

Jirga members: political agent summoned on illegal confinement

A divisional bench of Peshawar High Court (PHC) while hearing a petition against the illegal confinement of 19 Jirga members from Parachinar, Kurram Agency by the political administration, summoned Political Agent, Kurram Agency on February 27. Petition o
Published 18 Feb, 2014 12:00am
Doctor, SI among eight killed in Karachi

Doctor, SI among eight killed in Karachi

At least 8 persons were killed in different incidents of violence at various parts of metropolis here on Monday. According to police and rescue sources, Sub Inspector Aftab Jan was shot at and killed by unknown armed men in Nagan Chorangi in the remits of
Published 18 Feb, 2014 12:00am
The Weather

The Weather

The weather report on Monday (February 17, 2014) and the forecast for Tuesday (February 18, 2014).

Published 18 Feb, 2014 12:00am
PC secretary summoned to brief PAC body on several SOEs' status

PC secretary summoned to brief PAC body on several SOEs' status

The Sub Committee of Public Accounts Committee on Monday summoned Secretary Privatisation Commission to brief the committee on the current status of privatisation of several State Owned Entities (SOEs) carried out in 90's. The committee expressed dissatis
Published 18 Feb, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (February 17, 2014).

Published 18 Feb, 2014 12:00am
Petition filed in Supreme Court against Senator Zahid Khan

Petition filed in Supreme Court against Senator Zahid Khan

A constitutional petition was filed against Awami National Party's (ANP) Senator, Zahid Khan, on Monday for submitting 'wrong statement' regarding details of his assets with the Election Commission of Pakistan (ECP). The petitioner, Malik Zahid Mehmood Sa
Published 18 Feb, 2014 12:00am
Taliban accusations baseless: officials

Taliban accusations baseless: officials

Security officials have termed Tehreek-e-Taliban Pakistan (TTP) accusations of their members being killed in custody as baseless. In a statement TTP spokesman Shahidullah Shahid claimed the killing of 23 FC personnel was in reaction to the killing of Tali
Published 18 Feb, 2014 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Monday (February 17, 2014) and for Tuesday (February 18, 2014).
Published 18 Feb, 2014 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (February 17, 2014).

Published 18 Feb, 2014 12:00am
PBA condemns attack

PBA condemns attack

PBA strongly condemns the attack on the office of AAJ TV. In a statement issued in Karachi the association demanded that the Government should immediately investigate the incident and arrest those involved. The attack is an attempt to prevent media from p
Published 18 Feb, 2014 12:00am