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Print - 2014-03-12
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (March 11, 2014).

Published 12 Mar, 2014 12:00am
Thar famine: SHC directs judicial officers to examine relief work

Thar famine: SHC directs judicial officers to examine relief work

The Sindh High Court (SHC) on Tuesday directed judicial officers of Tharparkar and Umerkot to examine ongoing relief operation in famine-hit districts and collect data regarding death toll due to malnutrition. A division bench headed by Chief Justice Maqb
Published 12 Mar, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (March 11, 2014).

Published 12 Mar, 2014 12:00am
'Efforts on to reduce trade deficit, increase tax revenues'

'Efforts on to reduce trade deficit, increase tax revenues'

Rana Muhammad Afzal, MNA and Parliamentary Secretary Finance, has said the government was making strenuous efforts to reduce trade deficit and increase tax revenues to provide maximum funds for development and public welfare. He was addressing the members
Published 12 Mar, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (March 11, 2014).

Published 12 Mar, 2014 12:00am
'Efforts on to reduce trade deficit, increase tax revenues'

'Efforts on to reduce trade deficit, increase tax revenues'

Rana Muhammad Afzal, MNA and Parliamentary Secretary Finance, has said the government was making strenuous efforts to reduce trade deficit and increase tax revenues to provide maximum funds for development and public welfare. He was addressing the members
Published 12 Mar, 2014 12:00am
Governments to procure 8 million tons of wheat

Governments to procure 8 million tons of wheat

The Economic Co-ordination Committee (ECC) of the Cabinet on Tuesday decided that federal and provincial governments would procure 8 million tons of wheat during the current fiscal year. The ECC meeting presided over by Finance Minister Ishaq Dar approved
Published 12 Mar, 2014 12:00am
Governments to procure 8 million tons of wheat

Governments to procure 8 million tons of wheat

The Economic Co-ordination Committee (ECC) of the Cabinet on Tuesday decided that federal and provincial governments would procure 8 million tons of wheat during the current fiscal year. The ECC meeting presided over by Finance Minister Ishaq Dar approved
Published 12 Mar, 2014 12:00am
THE RUPEE: sharp gains

THE RUPEE: sharp gains

The rupee recovered further ground against dollar and euro on the currency market on Tuesday, dealers said. The dollar is under pressure due to selling by exporters and other investors, experts said.
Published 12 Mar, 2014 12:00am
Governments to procure 8 million tons of wheat

Governments to procure 8 million tons of wheat

The Economic Co-ordination Committee (ECC) of the Cabinet on Tuesday decided that federal and provincial governments would procure 8 million tons of wheat during the current fiscal year. The ECC meeting presided over by Finance Minister Ishaq Dar approved
Published 12 Mar, 2014 12:00am
THE RUPEE: sharp gains

THE RUPEE: sharp gains

The rupee recovered further ground against dollar and euro on the currency market on Tuesday, dealers said. The dollar is under pressure due to selling by exporters and other investors, experts said.
Published 12 Mar, 2014 12:00am
BRIndex30 rises by 276.93 points

BRIndex30 rises by 276.93 points

On Tues-day, BRIndex30 opened at 16,281.03 and remained positive throughout the trading session. It touched an intraday high of 16,588.15 and an intraday low of 16,363.66 and closed at 16,557.96, which was 276.93 points or 1.7 percent higher than previous
Published 12 Mar, 2014 12:00am
BRIndex30 rises by 276.93 points

BRIndex30 rises by 276.93 points

On Tues-day, BRIndex30 opened at 16,281.03 and remained positive throughout the trading session. It touched an intraday high of 16,588.15 and an intraday low of 16,363.66 and closed at 16,557.96, which was 276.93 points or 1.7 percent higher than previous
Published 12 Mar, 2014 12:00am
Bullish trend prevails

Bullish trend prevails

A bullish trend prevailed on Karachi Stock Exchange (KSE) Tuesday as the KSE-100 index gained 132 points to close at fresh record high of 27,309 points against 27,176 points Monday. During the intraday trading, the index touched 27,352 highest and 27,176
Published 12 Mar, 2014 12:00am
Bullish trend prevails

Bullish trend prevails

A bullish trend prevailed on Karachi Stock Exchange (KSE) Tuesday as the KSE-100 index gained 132 points to close at fresh record high of 27,309 points against 27,176 points Monday. During the intraday trading, the index touched 27,352 highest and 27,176
Published 12 Mar, 2014 12:00am
Bullish trend prevails

Bullish trend prevails

A bullish trend prevailed on Karachi Stock Exchange (KSE) Tuesday as the KSE-100 index gained 132 points to close at fresh record high of 27,309 points against 27,176 points Monday. During the intraday trading, the index touched 27,352 highest and 27,176
Published 12 Mar, 2014 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (March 11, 2014).

Published 12 Mar, 2014 12:00am
Crimea votes for independence as US and Russia clash

Crimea votes for independence as US and Russia clash

Lawmakers on the flashpoint Crimean peninsula voted on Tuesday for independence from Ukraine ahead of a referendum on joining Russia while Washington rebuffed talks with Moscow in one of their fiercest clashes since the Cold War. The hold of Kiev's new We
Published 12 Mar, 2014 12:00am
Crimea votes for independence as US and Russia clash

Crimea votes for independence as US and Russia clash

Lawmakers on the flashpoint Crimean peninsula voted on Tuesday for independence from Ukraine ahead of a referendum on joining Russia while Washington rebuffed talks with Moscow in one of their fiercest clashes since the Cold War. The hold of Kiev's new We
Published 12 Mar, 2014 12:00am
TT charges dues: banks to get Rs 3.46 billion by March 21: Dar

TT charges dues: banks to get Rs 3.46 billion by March 21: Dar

Finance Minister Ishaq Dar on Tuesday said the government has already cleared Rs 6 billion on account of payment of Telegraphic Transfer (TT) charges to banks and the outstanding dues of Rs 3.46 billion will be cleared by March 21 to further encourage ban
Published 12 Mar, 2014 12:00am
TT charges dues: banks to get Rs 3.46 billion by March 21: Dar

TT charges dues: banks to get Rs 3.46 billion by March 21: Dar

Finance Minister Ishaq Dar on Tuesday said the government has already cleared Rs 6 billion on account of payment of Telegraphic Transfer (TT) charges to banks and the outstanding dues of Rs 3.46 billion will be cleared by March 21 to further encourage ban
Published 12 Mar, 2014 12:00am
TT charges dues: banks to get Rs 3.46 billion by March 21: Dar

TT charges dues: banks to get Rs 3.46 billion by March 21: Dar

Finance Minister Ishaq Dar on Tuesday said the government has already cleared Rs 6 billion on account of payment of Telegraphic Transfer (TT) charges to banks and the outstanding dues of Rs 3.46 billion will be cleared by March 21 to further encourage ban
Published 12 Mar, 2014 12:00am
TT charges dues: banks to get Rs 3.46 billion by March 21: Dar

TT charges dues: banks to get Rs 3.46 billion by March 21: Dar

Finance Minister Ishaq Dar on Tuesday said the government has already cleared Rs 6 billion on account of payment of Telegraphic Transfer (TT) charges to banks and the outstanding dues of Rs 3.46 billion will be cleared by March 21 to further encourage ban
Published 12 Mar, 2014 12:00am
Rise in forex reserves: mystery shrouds identity of source

Rise in forex reserves: mystery shrouds identity of source

The net foreign exchange reserves with State Bank of Pakistan (SBP) showed an increase of $1.03 billion during the second and third weeks of February 2014 and provided a meaningful strength to rupee against dollar. Sources said that a considerable appreci
Published 12 Mar, 2014 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 12 Mar, 2014 12:00am
Rise in forex reserves: mystery shrouds identity of source

Rise in forex reserves: mystery shrouds identity of source

The net foreign exchange reserves with State Bank of Pakistan (SBP) showed an increase of $1.03 billion during the second and third weeks of February 2014 and provided a meaningful strength to rupee against dollar. Sources said that a considerable appreci
Published 12 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 12 Mar, 2014 12:00am
Rise in forex reserves: mystery shrouds identity of source

Rise in forex reserves: mystery shrouds identity of source

The net foreign exchange reserves with State Bank of Pakistan (SBP) showed an increase of $1.03 billion during the second and third weeks of February 2014 and provided a meaningful strength to rupee against dollar. Sources said that a considerable appreci
Published 12 Mar, 2014 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 12 Mar, 2014 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 12 Mar, 2014 12:00am
EDB prepares five-year draft automotive development policy

EDB prepares five-year draft automotive development policy

The Enginee-ring Development Board (EDB) has prepared a five-year draft Automotive Development Policy (ADP 2014-19), which envisages incentives for the new investors, tightening the screw on existing ''exploitive cartel'' and import of used cars, sources
Published 12 Mar, 2014 12:00am
EDB prepares five-year draft automotive development policy

EDB prepares five-year draft automotive development policy

The Enginee-ring Development Board (EDB) has prepared a five-year draft Automotive Development Policy (ADP 2014-19), which envisages incentives for the new investors, tightening the screw on existing 'exploitive cartel' and import of used cars, sources cl
Published 12 Mar, 2014 12:00am
EDB prepares five-year draft automotive development policy

EDB prepares five-year draft automotive development policy

The Enginee-ring Development Board (EDB) has prepared a five-year draft Automotive Development Policy (ADP 2014-19), which envisages incentives for the new investors, tightening the screw on existing 'exploitive cartel' and import of used cars, sources cl
Published 12 Mar, 2014 12:00am
Pakistan to use nuclear technology for energy needs: Prime Minister

Pakistan to use nuclear technology for energy needs: Prime Minister

Prime Minister Muhammad Nawaz Sharif Tuesday said Pakistan was actively expanding its power production potential by utilising nuclear technology to address country's severe energy crisis. Talking to Director General International Atomic Energy Agency (IAE
Published 12 Mar, 2014 12:00am
Pakistan to use nuclear technology for energy needs: Prime Minister

Pakistan to use nuclear technology for energy needs: Prime Minister

Prime Minister Muhammad Nawaz Sharif Tuesday said Pakistan was actively expanding its power production potential by utilising nuclear technology to address country's severe energy crisis. Talking to Director General International Atomic Energy Agency (IAE
Published 12 Mar, 2014 12:00am
US oil briefly falls below $100 on China bond concern, stockpiles

US oil briefly falls below $100 on China bond concern, stockpiles

US crude oil prices fell on Tuesday briefly touching below $100 per barrel for the first time in a month as the potential for more Chinese corporate bond defaults and rising crude stocks in the United States raised concerns about the growth of oil demand.
Published 12 Mar, 2014 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Tuesday (March 11, 2014).

Published 12 Mar, 2014 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (March 11, 2014).

Published 12 Mar, 2014 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (March 11, 2014).
Published 12 Mar, 2014 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Tuesday (March 11, 2014).

Published 12 Mar, 2014 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Tuesday (March 11, 2014).

Published 12 Mar, 2014 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Tuesday (March 11, 2014).

Published 12 Mar, 2014 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (March 11, 2014).

Published 12 Mar, 2014 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 12 Mar, 2014 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 12 Mar, 2014 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 12 Mar, 2014 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 12 Mar, 2014 12:00am
UK financial body urges quick action over foreign exchange 'fixing'

UK financial body urges quick action over foreign exchange 'fixing'

Regulators should deal quickly with allegations that banks have rigged the $5.3 trillion-a-day foreign exchange market to avoid harming Britain's reputation as a financial centre, a top industry official said on Tuesday. Chris Cummings, chief executive of
Published 12 Mar, 2014 12:00am
RBS might have to leave an independent Scotland: BoE's Carney

RBS might have to leave an independent Scotland: BoE's Carney

The Royal Bank of Scotland and other Scottish-based financial firms might have to move their headquarters to England if Scotland becomes independent and joins the European Union, Bank of England Governor Mark Carney said on Tuesday.
Published 12 Mar, 2014 12:00am
China firm in landmark bond default to sell assets

China firm in landmark bond default to sell assets

The first company in China to default on a corporate bond said Tuesday it would sell assets in a bid to meet interest payments as possible bankruptcy looms. Shanghai-based Chaori Solar Energy Science & Technology Co on Friday confirmed the landmark defaul
Published 12 Mar, 2014 12:00am
China firm in landmark bond default to sell assets

China firm in landmark bond default to sell assets

The first company in China to default on a corporate bond said Tuesday it would sell assets in a bid to meet interest payments as possible bankruptcy looms. Shanghai-based Chaori Solar Energy Science & Technology Co on Friday confirmed the landmark defaul
Published 12 Mar, 2014 12:00am