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Print - 2014-04-04
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (April 03, 2014).

Published 04 Apr, 2014 12:00am
Kenyan tea price slips at auction

Kenyan tea price slips at auction

The highest price for top grade Kenyan tea fell to $3.00 per kg at this week's sale from $3.20 per kg last week, Tea Brokers East Africa said on Wednesday. Kenya is the leading world exporter of black tea and the crop is a major foreign exchange earner fo
Published 04 Apr, 2014 12:00am
Daily trading report of PMEX

Daily trading report of PMEX

On Thursday at Pakistan Mercantile Exchange (PMEX) value traded was reported at PKR 3,337 million. Number of lots traded were reported at 13,814 and PMEX Commodity Index closed at 3,016. Major business was contributed by crude oil amounting to PKR 1,927 m
Published 04 Apr, 2014 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 04 Apr, 2014 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 04 Apr, 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 04 Apr, 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 04 Apr, 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 Thursday (April 03, 2014).

Published 04 Apr, 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 Thursday (April 03, 2014).

Published 04 Apr, 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 Thursday (April 03, 2014).

Published 04 Apr, 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 Thursday (April 03, 2014).

Published 04 Apr, 2014 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (April 03, 2014).
Published 04 Apr, 2014 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (April 03, 2014).

Published 04 Apr, 2014 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (April 03, 2014).

Published 04 Apr, 2014 12:00am
ECB leaves rates on hold despite inflation worries

ECB leaves rates on hold despite inflation worries

The European Central Bank has left its main interest rate unchanged even as a drop in inflation has fuelled worries about economic weakness in the 18-country eurozone.
Published 04 Apr, 2014 12:00am
ECB leaves rates on hold despite inflation worries

ECB leaves rates on hold despite inflation worries

The European Central Bank has left its main interest rate unchanged even as a drop in inflation has fuelled worries about economic weakness in the 18-country eurozone.
Published 04 Apr, 2014 12:00am
ECB leaves rates on hold despite inflation worries

ECB leaves rates on hold despite inflation worries

The European Central Bank has left its main interest rate unchanged even as a drop in inflation has fuelled worries about economic weakness in the 18-country eurozone.
Published 04 Apr, 2014 12:00am
Brent gains more than $1 on Ukraine, Libya worries

Brent gains more than $1 on Ukraine, Libya worries

Brent crude gained more than $1 on Thursday, widening its premium to US crude, as doubts persisted that a lasting deal was imminent to reopen vital Libyan oil ports and as tension between Russian and Ukraine intensified. Brent's gain of more than $1 follo
Published 04 Apr, 2014 12:00am
Bomb explodes on Musharraf's route from AFIC

Bomb explodes on Musharraf's route from AFIC

A bomb exploded early Thursday morning shortly before former army chief and President Pervez Musharraf's convoy was due to pass. The bomb was planted on Musharraf's route from Armed Forces Institute of Cardiology (AFIC) to his farmhouse, police said. Poli
Published 04 Apr, 2014 12:00am
Bomb explodes on Musharraf's route from AFIC

Bomb explodes on Musharraf's route from AFIC

A bomb exploded early Thursday morning shortly before former army chief and President Pervez Musharraf's convoy was due to pass. The bomb was planted on Musharraf's route from Armed Forces Institute of Cardiology (AFIC) to his farmhouse, police said. Poli
Published 04 Apr, 2014 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 04 Apr, 2014 12:00am
Consultation with CoAS?: government denies reports

Consultation with CoAS?: government denies reports

A spokes-man for the government has categorically denied reports in a section of media that decision by the government to reject the application of General Pervez Musharraf (Retd) for exclusion of his name from ECL was taken after consultation with Chief
Published 04 Apr, 2014 12:00am
Consultation with CoAS?: government denies reports

Consultation with CoAS?: government denies reports

A spokes-man for the government has categorically denied reports in a section of media that decision by the government to reject the application of General Pervez Musharraf (Retd) for exclusion of his name from ECL was taken after consultation with Chief
Published 04 Apr, 2014 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 04 Apr, 2014 12:00am
Supreme Court urged to allow him to visit mother

Supreme Court urged to allow him to visit mother

The Supreme Court was urged to allow former army chief and President Pervez Musharraf to visit his ailing mother in the UAE in the larger interest of justice. Shahjan Khan filed a petition under Article 184(3) of the Constitution of Pakistan, making Feder
Published 04 Apr, 2014 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 04 Apr, 2014 12:00am
Supreme Court urged to allow him to visit mother

Supreme Court urged to allow him to visit mother

The Supreme Court was urged to allow former army chief and President Pervez Musharraf to visit his ailing mother in the UAE in the larger interest of justice. Shahjan Khan filed a petition under Article 184(3) of the Constitution of Pakistan, making Feder
Published 04 Apr, 2014 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 04 Apr, 2014 12:00am
Zaheer new PSM CEO

Zaheer new PSM CEO

Prime Minister Nawaz Sharif has appointed Major-General Zaheer Ahmad Khan (Retd) as Chief Executive Officer (CEO) of a financially-strapped Pakistan Steel Mills (PSM). Zaheer Khan will be the third General who has been given the task of reviving an ill-tr
Published 04 Apr, 2014 12:00am
Presentation

Presentation

Presentation at KSE auditorium (only for members and an authorised employee of the members).

Published 04 Apr, 2014 12:00am
Zaheer new PSM CEO

Zaheer new PSM CEO

Prime Minister Nawaz Sharif has appointed Major-General Zaheer Ahmad Khan (Retd) as Chief Executive Officer (CEO) of a financially-strapped Pakistan Steel Mills (PSM). Zaheer Khan will be the third General who has been given the task of reviving an ill-tr
Published 04 Apr, 2014 12:00am
Zaheer new PSM CEO

Zaheer new PSM CEO

Prime Minister Nawaz Sharif has appointed Major-General Zaheer Ahmad Khan (Retd) as Chief Executive Officer (CEO) of a financially-strapped Pakistan Steel Mills (PSM). Zaheer Khan will be the third General who has been given the task of reviving an ill-tr
Published 04 Apr, 2014 12:00am
Index hits all-time high, again

Index hits all-time high, again

Bench-mark 100-share index of Karachi Stock Exchange (KSE) continues progress in a green zone on the fourth consecutive day, gaining 404.34 points or 1.45 per cent to close at fresh all time high 28,336.36 points. An analyst, Ahsan Mehanti at Arif Habib C
Published 04 Apr, 2014 12:00am
Index hits all-time high, again

Index hits all-time high, again

Bench-mark 100-share index of Karachi Stock Exchange (KSE) continues progress in a green zone on the fourth consecutive day, gaining 404.34 points or 1.45 per cent to close at fresh all time high 28,336.36 points. An analyst, Ahsan Mehanti at Arif Habib C
Published 04 Apr, 2014 12:00am
Index hits all-time high, again

Index hits all-time high, again

Bench-mark 100-share index of Karachi Stock Exchange (KSE) continues progress in a green zone on the fourth consecutive day, gaining 404.34 points or 1.45 per cent to close at fresh all time high 28,336.36 points. An analyst, Ahsan Mehanti at Arif Habib C
Published 04 Apr, 2014 12:00am
BRIndex30 surges by 352.25 points

BRIndex30 surges by 352.25 points

On Thursday, BRIndex30 opened at 16,760.93 and remained positive throughout the trading session. It touched an intraday high of 17,154.59 and an intraday low of 16,858.93 and closed at 17,113.18, which was 352.25 points or 2.1 percent higher than previous
Published 04 Apr, 2014 12:00am
200 tons of dates as gift received from Saudi Arabia

200 tons of dates as gift received from Saudi Arabia

The government of Saudi Arabia has sent a gift of 200 tons of dates to the Government of Pakistan. Jassim Mohammad Khalid Al-Khaldi, Deputy Head of Mission of Saudi Arabia formally handed over the consignment of dates to Captain Muhammad Aftab (Retd), Joi
Published 04 Apr, 2014 12:00am
Undesirable legislation

Undesirable legislation

Just a day before the start of session of National Assembly on March 24, 2014, the government resorted to undesirable legislation - promulgation of Sales Tax (Amendment) Ordinance, 2014 through a Presidential Ordinance. It should have been placed before t
Published 04 Apr, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (April 03, 2014).

Published 04 Apr, 2014 12:00am
Inheritance cases show legal pitfalls of Korean unification

Inheritance cases show legal pitfalls of Korean unification

South Korean President Park Geun-Hye's claim that reunification with North Korea could trigger an economic "bonanza" has been greeted with widespread scepticism - though not necessarily within the legal profession. A recent series of landmark rulings in S
Published 04 Apr, 2014 12:00am
The Weather

The Weather

The weather report on Thursday (April 03, 2014) and the forecast for Friday (April 04, 2014).

Published 04 Apr, 2014 12:00am
Despite hurdles, Delphi's liability in GM recall could be tested

Despite hurdles, Delphi's liability in GM recall could be tested

Delphi Automotive's name does not appear on the outside of the 2.6 million vehicles recalled by General Motors Co since February, but the company is getting drawn into a mounting wave of litigation for its role in producing the faulty ignition switch that
Published 04 Apr, 2014 12:00am
Crisis management in Thar - demand of time

Crisis management in Thar - demand of time

I want to draw the attention of concerned authorities towards the issue of lack of crisis management in Tharparkar. By watching the current situation of a drought-hit Tharparkar, one is impelled to conclude that government has shown irresponsible behaviou
Published 04 Apr, 2014 12:00am
Government decides to withdraw sugar subsidy at USC outlets

Government decides to withdraw sugar subsidy at USC outlets

The government has decided to allow Utility Stores Corporation (USC) to procure sugar directly from mills and withdraw subsidy of Rs 5 per kilogram at USC outlets, sources close to Secretary Industries and Production (MoI&P) told Business Recorder.
Published 04 Apr, 2014 12:00am
Iran says all five abducted border guards alive

Iran says all five abducted border guards alive

Iran has said five border guards kidnapped by militants are in good health, disputing a report that one of them had been killed. The guards were seized while patrolling the lawless frontier with Pakistan in early February. Jaish al-Adl (Army of Justice),
Published 04 Apr, 2014 12:00am
Five major projects LDA invites applications

Five major projects LDA invites applications

Lahore Development Authority (LDA) has invited applications from interested firms by April 22, for their pre-qualification for five major development projects in Lahore, Sheikhupura and Nankana Sahib.
Published 04 Apr, 2014 12:00am
All staff of Okara passport office suspended

All staff of Okara passport office suspended

The Federal Government suspended all staff members of Okara Passport Office including Office in Charge Noushad Ahmed due to mismanagement and negligence and deputed new staff to save the public from hardships and mental stress. The action follows a surpri
Published 04 Apr, 2014 12:00am
Prime Minister, Mengal discuss Balochistan situation

Prime Minister, Mengal discuss Balochistan situation

President Balochistan National Party-Mengal (BNP-M) Sardar Akhtar Mengal called on Prime Minister Muhammad Nawaz Sharif, here on Thursday. According to sources, besides prevailing situation in Balochistan, political situation of the country also came unde
Published 04 Apr, 2014 12:00am
Tax evasion: two foreign IT firms' officials held

Tax evasion: two foreign IT firms' officials held

The Directorate General of Intelligence and Investigation Inland Revenue (IR) on Thursday arrested two high-profile executives of an international IT giant in Karachi, selling computer products and accessories on alleged involvement in tax evasion. Source
Published 04 Apr, 2014 12:00am
Judges' appointments: need for amending Articles underscored

Judges' appointments: need for amending Articles underscored

Giving proposals on judges' appointments in the superior courts, Chairman Judicial Activism Panel Mohammad Azhar Siddique emphasised a dire need for amending Articles 193 and 209 for determination of criteria for qualification and disqualification in line
Published 04 Apr, 2014 12:00am
One more polio case surfaces in Bannu

One more polio case surfaces in Bannu

Another polio case surfaced in Bannu on Thursday after which the toll mounted to 40, most of which belong to KP and Fata. National Institute of Health (NIH) sources said a young girl, Sumera, d/o Zahidullah, hailing from Bannu, was affected with polio vir
Published 04 Apr, 2014 12:00am
Peace can't be restored in presence of US forces: Munawar

Peace can't be restored in presence of US forces: Munawar

Jamaat-i-Islami Central Ameer Syed Munawar Hassan said peace could not be restored until the complete withdrawal of US-led troops from this region, saying that a peaceful and prosperous Afghanistan as a greater interest of Pakistan.
Published 04 Apr, 2014 12:00am
DHA bank accounts: Supreme Court issues freeze order

DHA bank accounts: Supreme Court issues freeze order

The Supreme Court Thursday issued a freeze order on the bank accounts of Defence Housing Authority (DHA) in twin cities of Rawalpindi and Islamabad for its failure to deposit Rs 22 billion with the Registrar's office in pursuance of court's earlier orders
Published 04 Apr, 2014 12:00am
Supreme Court restores PTI MNA Ghulam Sarwar Khan

Supreme Court restores PTI MNA Ghulam Sarwar Khan

The Supreme Court on Thursday restored Pakistan Tehreek-e-Insaf (PTI) Member of the National Assembly, Ghulam Sarwar Khan, who was elected from NA-53. A three-member bench of the apex court headed by Justice Anwar Zaheer Jamali was hearing the plea of Ghu
Published 04 Apr, 2014 12:00am
Milli Yakjehti Council to hold international conference on April 15

Milli Yakjehti Council to hold international conference on April 15

Jamaat-i-Islami (JI) leader Liaquat Baloch on Thursday announced that Milli Yakjehti Council would hold an international 'Alam-i-Itihad-e-Ummah Conference' on April 15. Speaking at a news conference, he said that some forces were trying to create sectaria
Published 04 Apr, 2014 12:00am
Duty concession on BOPET film import withdrawn

Duty concession on BOPET film import withdrawn

The Federal Board of Revenue (FBR) has withdrawn concessionary rate of customs duty on the import of BOPET film. In this connection, the FBR has amended SRO 565(I)/2006 through an SRO.221(I)/2014 issued here on Thursday. When contacted, sources said that
Published 04 Apr, 2014 12:00am
SAS holds enterprise risk management seminar

SAS holds enterprise risk management seminar

SAS, the leading provider of business analytics software and services, conducted a seminar in conjunction with New Horizon on Enterprise Risk Management & Fraud recently in Karachi. Speakers were Valery Ollivier Sales Director Risk Management for Mideast,
Published 04 Apr, 2014 12:00am