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Print - 2014-03-01
Equities recoup losses

Equities recoup losses

Karachi Sock Exchange Friday witnessed a smart recovery as the benchmark 100-index gained 304 points to close at 25,783 points against 25,478 points Thursday. During the intraday trading, the main index touched 25,880 highest and 25,477 lowest levels. Fri
Published 01 Mar, 2014 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (February 28, 2014).

Published 01 Mar, 2014 12:00am
Equities recoup losses

Equities recoup losses

Karachi Sock Exchange Friday witnessed a smart recovery as the benchmark 100-index gained 304 points to close at 25,783 points against 25,478 points Thursday. During the intraday trading, the main index touched 25,880 highest and 25,477 lowest levels. Fri
Published 01 Mar, 2014 12:00am
Equities recoup losses

Equities recoup losses

Karachi Sock Exchange Friday witnessed a smart recovery as the benchmark 100-index gained 304 points to close at 25,783 points against 25,478 points Thursday. During the intraday trading, the main index touched 25,880 highest and 25,477 lowest levels. Fri
Published 01 Mar, 2014 12:00am
Pakistan always values China''s help: Prime Minister

Pakistan always values China''s help: Prime Minister

Prime Minister Nawaz Sharif has said that China and Pakistan enjoy a unique relationship. He deeply appreciated the Chinese support for the projects included in the China-Pakistan Economic corridor in the recent Joint Co-operation Committee (JCC). Prime M
Published 01 Mar, 2014 12:00am
Pakistan always values China's help: Prime Minister

Pakistan always values China's help: Prime Minister

Prime Minister Nawaz Sharif has said that China and Pakistan enjoy a unique relationship. He deeply appreciated the Chinese support for the projects included in the China-Pakistan Economic corridor in the recent Joint Co-operation Committee (JCC). Prime M
Published 01 Mar, 2014 12:00am
Pakistan always values China's help: Prime Minister

Pakistan always values China's help: Prime Minister

Prime Minister Nawaz Sharif has said that China and Pakistan enjoy a unique relationship. He deeply appreciated the Chinese support for the projects included in the China-Pakistan Economic corridor in the recent Joint Co-operation Committee (JCC). Prime M
Published 01 Mar, 2014 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 01 Mar, 2014 12:00am
Security men: uniform compensation policy planned

Security men: uniform compensation policy planned

The federal government wants to carve out a uniform compensation policy for families of all law enforcement agencies personnel battling to crush militancy and terrorism across Pakistan. As many as 878 persons have been martyred including 232 security pers
Published 01 Mar, 2014 12:00am
Board meetings in progress

Board meetings in progress

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

Published 01 Mar, 2014 12:00am
Security men: uniform compensation policy planned

Security men: uniform compensation policy planned

The federal government wants to carve out a uniform compensation policy for families of all law enforcement agencies personnel battling to crush militancy and terrorism across Pakistan. As many as 878 persons have been martyred including 232 security pers
Published 01 Mar, 2014 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 01 Mar, 2014 12:00am
No operation, only surgical strikes: Nisar tells National Assembly

No operation, only surgical strikes: Nisar tells National Assembly

Interior Minister Chaudhry Nisar Ali Khan has said that there is no military operation in Federally Administrated Tribal Areas (Fata); however, targeted surgical strikes against terrorists are under way. The Interior Minister expressed these views while s
Published 01 Mar, 2014 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 01 Mar, 2014 12:00am
No operation, only surgical strikes: Nisar tells National Assembly

No operation, only surgical strikes: Nisar tells National Assembly

Interior Minister Chaudhry Nisar Ali Khan has said that there is no military operation in Federally Administrated Tribal Areas (Fata); however, targeted surgical strikes against terrorists are under way. The Interior Minister expressed these views while s
Published 01 Mar, 2014 12:00am
PSM employees: approval may be granted to payment of salaries

PSM employees: approval may be granted to payment of salaries

Economic Co-ordination Committee (ECC) of the Cabinet, in its next meeting, is likely to approve payment of Rs 1.920 billion at the rate of 480 million per month for payment of salaries to Pakistan Steel Mills (PSM) employees from December 2013 to March 2
Published 01 Mar, 2014 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 01 Mar, 2014 12:00am
PSM employees: approval may be granted to payment of salaries

PSM employees: approval may be granted to payment of salaries

Economic Co-ordination Committee (ECC) of the Cabinet, in its next meeting, is likely to approve payment of Rs 1.920 billion at the rate of 480 million per month for payment of salaries to Pakistan Steel Mills (PSM) employees from December 2013 to March 2
Published 01 Mar, 2014 12:00am
PSM employees: approval may be granted to payment of salaries

PSM employees: approval may be granted to payment of salaries

Economic Co-ordination Committee (ECC) of the Cabinet, in its next meeting, is likely to approve payment of Rs 1.920 billion at the rate of 480 million per month for payment of salaries to Pakistan Steel Mills (PSM) employees from December 2013 to March 2
Published 01 Mar, 2014 12:00am
''Fast-track'' services: LNG project approved by ECC

''Fast-track'' services: LNG project approved by ECC

The Economic Co-ordination Committee (ECC) of the Cabinet has, in principle, accorded its approval to a fast-track LNG services project subject to its approval by Prime Minister Nawaz Sharif. Sources said Minister for Petroleum was asked to seek project''
Published 01 Mar, 2014 12:00am
'Fast-track' services: LNG project approved by ECC

'Fast-track' services: LNG project approved by ECC

The Economic Co-ordination Committee (ECC) of the Cabinet has, in principle, accorded its approval to a fast-track LNG services project subject to its approval by Prime Minister Nawaz Sharif. Sources said Minister for Petroleum was asked to seek project's
Published 01 Mar, 2014 12:00am
'Fast-track' services: LNG project approved by ECC

'Fast-track' services: LNG project approved by ECC

The Economic Co-ordination Committee (ECC) of the Cabinet has, in principle, accorded its approval to a fast-track LNG services project subject to its approval by Prime Minister Nawaz Sharif. Sources said Minister for Petroleum was asked to seek project's
Published 01 Mar, 2014 12:00am
Model agreements, licences: eight more blocks awarded to E&P companies

Model agreements, licences: eight more blocks awarded to E&P companies

The government on Friday formally awarded 8 more Model Petroleum Concession Agreements (MPCAs) and Model Exploration Licences (MPCLs) to foreign and local exploration and production companies. The Petroleum Ministry has taken all the four provinces on boa
Published 01 Mar, 2014 12:00am
Model agreements, licences: eight more blocks awarded to E&P companies

Model agreements, licences: eight more blocks awarded to E&P companies

The government on Friday formally awarded 8 more Model Petroleum Concession Agreements (MPCAs) and Model Exploration Licences (MPCLs) to foreign and local exploration and production companies. The Petroleum Ministry has taken all the four provinces on boa
Published 01 Mar, 2014 12:00am
Model agreements, licences: eight more blocks awarded to E&P companies

Model agreements, licences: eight more blocks awarded to E&P companies

The government on Friday formally awarded 8 more Model Petroleum Concession Agreements (MPCAs) and Model Exploration Licences (MPCLs) to foreign and local exploration and production companies. The Petroleum Ministry has taken all the four provinces on boa
Published 01 Mar, 2014 12:00am
Petrol price reduced by Rs 2.73 per litre

Petrol price reduced by Rs 2.73 per litre

The government on Friday reduced petrol price by Rs 2.73 per litre bringing down the commodity price from Rs 112.76 to Rs 110.03 per litre, while keeping prices of the remaining petroleum products unchanged. The Oil and Gas Regulatory Authority (Ogra) had
Published 01 Mar, 2014 12:00am
Petrol price reduced by Rs 2.73 per litre

Petrol price reduced by Rs 2.73 per litre

The government on Friday reduced petrol price by Rs 2.73 per litre bringing down the commodity price from Rs 112.76 to Rs 110.03 per litre, while keeping prices of the remaining petroleum products unchanged. The Oil and Gas Regulatory Authority (Ogra) had
Published 01 Mar, 2014 12:00am
Petrol price reduced by Rs 2.73 per litre

Petrol price reduced by Rs 2.73 per litre

The government on Friday reduced petrol price by Rs 2.73 per litre bringing down the commodity price from Rs 112.76 to Rs 110.03 per litre, while keeping prices of the remaining petroleum products unchanged. The Oil and Gas Regulatory Authority (Ogra) had
Published 01 Mar, 2014 12:00am
Policy hampers liquidity of long-term debt market

Policy hampers liquidity of long-term debt market

The government''''s short-term floating debt policy has hampered the liquidity of the long-term debt market, besides restricting development of bench-mark bonds. According to State Bank of Pakistan''''s first quarterly report for FY14 issued on Friday sec
Published 01 Mar, 2014 12:00am
Policy hampers liquidity of long-term debt market

Policy hampers liquidity of long-term debt market

The government''s short-term floating debt policy has hampered the liquidity of the long-term debt market, besides restricting development of bench-mark bonds. According to State Bank of Pakistan''s first quarterly report for FY14 issued on Friday securit
Published 01 Mar, 2014 12:00am
Policy hampers liquidity of long-term debt market

Policy hampers liquidity of long-term debt market

The government's short-term floating debt policy has hampered the liquidity of the long-term debt market, besides restricting development of bench-mark bonds. According to State Bank of Pakistan's first quarterly report for FY14 issued on Friday security
Published 01 Mar, 2014 12:00am
Policy hampers liquidity of long-term debt market

Policy hampers liquidity of long-term debt market

The government's short-term floating debt policy has hampered the liquidity of the long-term debt market, besides restricting development of bench-mark bonds. According to State Bank of Pakistan's first quarterly report for FY14 issued on Friday security
Published 01 Mar, 2014 12:00am
SBP expects fiscal deficit to be in range of 6 to 7 percent

SBP expects fiscal deficit to be in range of 6 to 7 percent

The State Bank of Pakistan says that increase in revenue collection is largely due to raising of rates and not due to expansion of base. In its quarterly report released on Friday, SBP says that even the rise in direct tax (Income Tax) can be traced to hi
Published 01 Mar, 2014 12:00am
SBP expects fiscal deficit to be in range of 6 to 7 percent

SBP expects fiscal deficit to be in range of 6 to 7 percent

The State Bank of Pakistan says that increase in revenue collection is largely due to raising of rates and not due to expansion of base. In its quarterly report released on Friday, SBP says that even the rise in direct tax (Income Tax) can be traced to hi
Published 01 Mar, 2014 12:00am
SBP expects fiscal deficit to be in range of 6 to 7 percent

SBP expects fiscal deficit to be in range of 6 to 7 percent

The State Bank of Pakistan says that increase in revenue collection is largely due to raising of rates and not due to expansion of base. In its quarterly report released on Friday, SBP says that even the rise in direct tax (Income Tax) can be traced to hi
Published 01 Mar, 2014 12:00am
SBP expects fiscal deficit to be in range of 6 to 7 percent

SBP expects fiscal deficit to be in range of 6 to 7 percent

The State Bank of Pakistan says that increase in revenue collection is largely due to raising of rates and not due to expansion of base. In its quarterly report released on Friday, SBP says that even the rise in direct tax (Income Tax) can be traced to hi
Published 01 Mar, 2014 12:00am
Fiscal, energy sectors: government urged to speed up structural reforms

Fiscal, energy sectors: government urged to speed up structural reforms

The State Bank of Pakistan (SBP) has urged the government to speed up structural reforms in the fiscal and energy sectors in order to maintain the current growth momentum. According to SBP''''s first quarterly report on "The State of Pakistan''''s Economy
Published 01 Mar, 2014 12:00am
Fiscal, energy sectors: government urged to speed up structural reforms

Fiscal, energy sectors: government urged to speed up structural reforms

The State Bank of Pakistan (SBP) has urged the government to speed up structural reforms in the fiscal and energy sectors in order to maintain the current growth momentum. According to SBP''s first quarterly report on "The State of Pakistan''s Economy" fo
Published 01 Mar, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (February 28, 2014).

Published 01 Mar, 2014 12:00am
Fiscal, energy sectors: government urged to speed up structural reforms

Fiscal, energy sectors: government urged to speed up structural reforms

The State Bank of Pakistan (SBP) has urged the government to speed up structural reforms in the fiscal and energy sectors in order to maintain the current growth momentum. According to SBP's first quarterly report on "The State of Pakistan's Economy" for
Published 01 Mar, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (February 28, 2014).

Published 01 Mar, 2014 12:00am
Fiscal, energy sectors: government urged to speed up structural reforms

Fiscal, energy sectors: government urged to speed up structural reforms

The State Bank of Pakistan (SBP) has urged the government to speed up structural reforms in the fiscal and energy sectors in order to maintain the current growth momentum. According to SBP's first quarterly report on "The State of Pakistan's Economy" for
Published 01 Mar, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (February 28, 2014).

Published 01 Mar, 2014 12:00am
Headline inflation: forecast reduced to 10-11 range

Headline inflation: forecast reduced to 10-11 range

The State Bank of Pakistan (SBP) has reduced its forecast for headline inflation to a range of 10 to 11 percent for the fiscal year 2014. According to SBP''''s first quarterly report, although SBP has reduced its forecast for inflation, it is still higher
Published 01 Mar, 2014 12:00am
Headline inflation: forecast reduced to 10-11 range

Headline inflation: forecast reduced to 10-11 range

The State Bank of Pakistan (SBP) has reduced its forecast for headline inflation to a range of 10 to 11 percent for the fiscal year 2014. According to SBP''s first quarterly report, although SBP has reduced its forecast for inflation, it is still higher t
Published 01 Mar, 2014 12:00am
Headline inflation: forecast reduced to 10-11 range

Headline inflation: forecast reduced to 10-11 range

The State Bank of Pakistan (SBP) has reduced its forecast for headline inflation to a range of 10 to 11 percent for the fiscal year 2014. According to SBP's first quarterly report, although SBP has reduced its forecast for inflation, it is still higher th
Published 01 Mar, 2014 12:00am
Headline inflation: forecast reduced to 10-11 range

Headline inflation: forecast reduced to 10-11 range

The State Bank of Pakistan (SBP) has reduced its forecast for headline inflation to a range of 10 to 11 percent for the fiscal year 2014. According to SBP's first quarterly report, although SBP has reduced its forecast for inflation, it is still higher th
Published 01 Mar, 2014 12:00am
Battered PKR triggered inflationary expectations

Battered PKR triggered inflationary expectations

The State Bank of Pakistan has held the depreciation of rupee responsible for triggering inflationary expectations and pushing up prices of imported items like the petroleum products. In the first quarterly review of the economy (between July and Septembe
Published 01 Mar, 2014 12:00am
Battered PKR triggered inflationary expectations

Battered PKR triggered inflationary expectations

The State Bank of Pakistan has held the depreciation of rupee responsible for triggering inflationary expectations and pushing up prices of imported items like the petroleum products. In the first quarterly review of the economy (between July and Septembe
Published 01 Mar, 2014 12:00am
Battered PKR triggered inflationary expectations

Battered PKR triggered inflationary expectations

The State Bank of Pakistan has held the depreciation of rupee responsible for triggering inflationary expectations and pushing up prices of imported items like the petroleum products. In the first quarterly review of the economy (between July and Septembe
Published 01 Mar, 2014 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (February 28, 2014).

Published 01 Mar, 2014 12:00am
Battered PKR triggered inflationary expectations

Battered PKR triggered inflationary expectations

The State Bank of Pakistan has held the depreciation of rupee responsible for triggering inflationary expectations and pushing up prices of imported items like the petroleum products. In the first quarterly review of the economy (between July and Septembe
Published 01 Mar, 2014 12:00am
2,000 Russian soldiers land in Crimea

2,000 Russian soldiers land in Crimea

Russian aircraft carrying nearly 2,000 suspected troops have landed at a military air base near the regional capital of the restive Crimean peninsula, a top Ukrainian official said Friday, accusing Moscow of an "armed invasion". "Thirteen Russian aircraft
Published 01 Mar, 2014 12:00am
2,000 Russian soldiers land in Crimea

2,000 Russian soldiers land in Crimea

Russian aircraft carrying nearly 2,000 suspected troops have landed at a military air base near the regional capital of the restive Crimean peninsula, a top Ukrainian official said Friday, accusing Moscow of an "armed invasion". "Thirteen Russian aircraft
Published 01 Mar, 2014 12:00am
Tax incentive package: two-month extension granted

Tax incentive package: two-month extension granted

The government Friday granted a two-month extension in last date for filing of tax returns under the Prime Minister''s incentive package from February 28 to April 30, 2014 to attract maximum persons, who intends to avail of the scheme. The FBR has issued
Published 01 Mar, 2014 12:00am
Tax incentive package: two-month extension granted

Tax incentive package: two-month extension granted

The government Friday granted a two-month extension in last date for filing of tax returns under the Prime Minister's incentive package from February 28 to April 30, 2014 to attract maximum persons, who intends to avail of the scheme. The FBR has issued I
Published 01 Mar, 2014 12:00am
Tax incentive package: two-month extension granted

Tax incentive package: two-month extension granted

The government Friday granted a two-month extension in last date for filing of tax returns under the Prime Minister's incentive package from February 28 to April 30, 2014 to attract maximum persons, who intends to avail of the scheme. The FBR has issued I
Published 01 Mar, 2014 12:00am
First ballot of Prime Minister Youth Business Loan Programme held

First ballot of Prime Minister Youth Business Loan Programme held

Prime Minister Nawaz Sharif on Friday said that the PML-N government was committed to empower youth by providing them Rs 3.7 billion easy loans, as it would not only help the country but also strengthen national economy. Speaking at the first balloting ce
Published 01 Mar, 2014 12:00am
First ballot of Prime Minister Youth Business Loan Programme held

First ballot of Prime Minister Youth Business Loan Programme held

Prime Minister Nawaz Sharif on Friday said that the PML-N government was committed to empower youth by providing them Rs 3.7 billion easy loans, as it would not only help the country but also strengthen national economy. Speaking at the first balloting ce
Published 01 Mar, 2014 12:00am
First ballot of Prime Minister Youth Business Loan Programme held

First ballot of Prime Minister Youth Business Loan Programme held

Prime Minister Nawaz Sharif on Friday said that the PML-N government was committed to empower youth by providing them Rs 3.7 billion easy loans, as it would not only help the country but also strengthen national economy. Speaking at the first balloting ce
Published 01 Mar, 2014 12:00am