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Jan 11, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2014-05-14
Cut in policy rate expected: MPS on May 17

Cut in policy rate expected: MPS on May 17

The State Bank of Pakistan (SBP) will announce its Monetary Policy Statement (MPS) on Saturday (May 17, 2014) for the next two months amid market expectations of a cut in the key policy rate. "After a gap of 6 years, Pakistan''s economy has shown clear si
Published 14 May, 2014 12:00am
Cut in policy rate expected: MPS on May 17

Cut in policy rate expected: MPS on May 17

The State Bank of Pakistan (SBP) will announce its Monetary Policy Statement (MPS) on Saturday (May 17, 2014) for the next two months amid market expectations of a cut in the key policy rate. "After a gap of 6 years, Pakistan's economy has shown clear sig
Published 14 May, 2014 12:00am
Cut in policy rate expected: MPS on May 17

Cut in policy rate expected: MPS on May 17

The State Bank of Pakistan (SBP) will announce its Monetary Policy Statement (MPS) on Saturday (May 17, 2014) for the next two months amid market expectations of a cut in the key policy rate. "After a gap of 6 years, Pakistan's economy has shown clear sig
Published 14 May, 2014 12:00am
Saudi foreign minister invites Iranian counterpart

Saudi foreign minister invites Iranian counterpart

Saudi Arabia has invited Iran's foreign minister to visit, Riyadh said on Tuesday, hinting at the possibility of a thaw between the Gulf's two biggest, most bitter rivals, who are at loggerheads over Syria's civil war. Iranian President Hassan Rouhani has
Published 14 May, 2014 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (May 13, 2014).

Published 14 May, 2014 12:00am
Saudi foreign minister invites Iranian counterpart

Saudi foreign minister invites Iranian counterpart

Saudi Arabia has invited Iran's foreign minister to visit, Riyadh said on Tuesday, hinting at the possibility of a thaw between the Gulf's two biggest, most bitter rivals, who are at loggerheads over Syria's civil war. Iranian President Hassan Rouhani has
Published 14 May, 2014 12:00am
Google EU data case raises censorship fears

Google EU data case raises censorship fears

A European Court of Justice decision ordering Google to delete some personal data on request has raised concerns about online censorship and how Internet search works in various countries. The EU''s top court ruled Tuesday that individuals have the right
Published 14 May, 2014 12:00am
Google EU data case raises censorship fears

Google EU data case raises censorship fears

A European Court of Justice decision ordering Google to delete some personal data on request has raised concerns about online censorship and how Internet search works in various countries. The EU's top court ruled Tuesday that individuals have the right t
Published 14 May, 2014 12:00am
Google EU data case raises censorship fears

Google EU data case raises censorship fears

A European Court of Justice decision ordering Google to delete some personal data on request has raised concerns about online censorship and how Internet search works in various countries. The EU's top court ruled Tuesday that individuals have the right t
Published 14 May, 2014 12:00am
KESC, PSM owe Rs 72 billion to SSGC: PAC body told

KESC, PSM owe Rs 72 billion to SSGC: PAC body told

The accumulated dues of Sui Southern Gas Company (SSGC) against Karachi Electric Supply Company (KESC) and Pakistan Steel Mills Corporation reached Rs 72 billion. The matter was discussed during the Public Accounts Committee (PAC)''s sub-committee meeting
Published 14 May, 2014 12:00am
KESC, PSM owe Rs 72 billion to SSGC: PAC body told

KESC, PSM owe Rs 72 billion to SSGC: PAC body told

The accumulated dues of Sui Southern Gas Company (SSGC) against Karachi Electric Supply Company (KESC) and Pakistan Steel Mills Corporation reached Rs 72 billion. The matter was discussed during the Public Accounts Committee (PAC)'s sub-committee meeting.
Published 14 May, 2014 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 14 May, 2014 12:00am
KESC, PSM owe Rs 72 billion to SSGC: PAC body told

KESC, PSM owe Rs 72 billion to SSGC: PAC body told

The accumulated dues of Sui Southern Gas Company (SSGC) against Karachi Electric Supply Company (KESC) and Pakistan Steel Mills Corporation reached Rs 72 billion. The matter was discussed during the Public Accounts Committee (PAC)'s sub-committee meeting.
Published 14 May, 2014 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 14 May, 2014 12:00am
Baba Ladla killed?

Baba Ladla killed?

A central figure of Lyari gang war, Noor Mohammed commonly known as Baba Ladla, was reportedly killed on Tuesday at Pak-Iran border in Jiwani area, reports said. However, there are conflicting reports about his killing, as some private TV channel reported
Published 14 May, 2014 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 14 May, 2014 12:00am
Baba Ladla killed?

Baba Ladla killed?

A central figure of Lyari gang war, Noor Mohammed commonly known as Baba Ladla, was reportedly killed on Tuesday at Pak-Iran border in Jiwani area, reports said. However, there are conflicting reports about his killing, as some private TV channel reported
Published 14 May, 2014 12:00am
Nawaz due in Karachi today

Nawaz due in Karachi today

Prime Minister Muhammad Nawaz Sharif will visit Karachi on Wednesday (today) to review law and order situation in the metropolis. During his visit, Nawaz Sharif will chair a high level meeting on the law and order situation, which will be attended by Inte
Published 14 May, 2014 12:00am
Nawaz due in Karachi today

Nawaz due in Karachi today

Prime Minister Muhammad Nawaz Sharif will visit Karachi on Wednesday (today) to review law and order situation in the metropolis. During his visit, Nawaz Sharif will chair a high level meeting on the law and order situation, which will be attended by Inte
Published 14 May, 2014 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 14 May, 2014 12:00am
Dr Aafia seeks conviction overturned

Dr Aafia seeks conviction overturned

A Pakistani scientist serving an 86-year prison sentence is seeking to have her conviction overturned on the grounds that she did not have proper legal representation. Aafia Siddiqui said in court papers filed Monday in federal court in New York City that
Published 14 May, 2014 12:00am
Government to offload 10 percent shares of OGDCL

Government to offload 10 percent shares of OGDCL

The government has planned to offload 10 percent shares of Oil and Gas Development Company (OGDCL) on market; however, the size of Global Depository Receipts (GDRs) will depend on the results of road shows to be held by Privatisation Commission. According
Published 14 May, 2014 12:00am
Government to offload 10 percent shares of OGDCL

Government to offload 10 percent shares of OGDCL

The government has planned to offload 10 percent shares of Oil and Gas Development Company (OGDCL) on market; however, the size of Global Depository Receipts (GDRs) will depend on the results of road shows to be held by Privatisation Commission. According
Published 14 May, 2014 12:00am
Government to offload 10 percent shares of OGDCL

Government to offload 10 percent shares of OGDCL

The government has planned to offload 10 percent shares of Oil and Gas Development Company (OGDCL) on market; however, the size of Global Depository Receipts (GDRs) will depend on the results of road shows to be held by Privatisation Commission. According
Published 14 May, 2014 12:00am
Government to offload 10 percent shares of OGDCL

Government to offload 10 percent shares of OGDCL

The government has planned to offload 10 percent shares of Oil and Gas Development Company (OGDCL) on market; however, the size of Global Depository Receipts (GDRs) will depend on the results of road shows to be held by Privatisation Commission. According
Published 14 May, 2014 12:00am
ECC may cut imported urea price

ECC may cut imported urea price

The Economic Co-ordination Committee (ECC) of the Cabinet to be held tomorrow (Thursday) is likely to decrease the price of imported urea by Rs 50 per bag as one time dispensation as a special case. Sources said that the financial impact of the reduction
Published 14 May, 2014 12:00am
ECC may cut imported urea price

ECC may cut imported urea price

The Economic Co-ordination Committee (ECC) of the Cabinet to be held tomorrow (Thursday) is likely to decrease the price of imported urea by Rs 50 per bag as one time dispensation as a special case. Sources said that the financial impact of the reduction
Published 14 May, 2014 12:00am
ECC may cut imported urea price

ECC may cut imported urea price

The Economic Co-ordination Committee (ECC) of the Cabinet to be held tomorrow (Thursday) is likely to decrease the price of imported urea by Rs 50 per bag as one time dispensation as a special case. Sources said that the financial impact of the reduction
Published 14 May, 2014 12:00am
OMCs, dealers: ECC rejects increase in margins

OMCs, dealers: ECC rejects increase in margins

Economic Co-ordination Committee (ECC) of the Cabinet has reportedly rejected increase in margins of Oil Marketing Companies (OMCs) and dealers suggested by Pakistan Institute of Development Economics (PIDE) and assigned the task to a corruption-tainted O
Published 14 May, 2014 12:00am
OMCs, dealers: ECC rejects increase in margins

OMCs, dealers: ECC rejects increase in margins

Economic Co-ordination Committee (ECC) of the Cabinet has reportedly rejected increase in margins of Oil Marketing Companies (OMCs) and dealers suggested by Pakistan Institute of Development Economics (PIDE) and assigned the task to a corruption-tainted O
Published 14 May, 2014 12:00am
OMCs, dealers: ECC rejects increase in margins

OMCs, dealers: ECC rejects increase in margins

Economic Co-ordination Committee (ECC) of the Cabinet has reportedly rejected increase in margins of Oil Marketing Companies (OMCs) and dealers suggested by Pakistan Institute of Development Economics (PIDE) and assigned the task to a corruption-tainted O
Published 14 May, 2014 12:00am
Rs two billion ''Ramazan Package'' may be approved

Rs two billion ''Ramazan Package'' may be approved

The Econo-mic Co-ordination Committee (ECC) of the Cabinet in a meeting scheduled to be held on Thursday would consider and approve a Ramazan package of Rs 2 billion to provide 17 essential commodities at discounted rate at Utility Stores Corporations (US
Published 14 May, 2014 12:00am
Rs two billion 'Ramazan Package' may be approved

Rs two billion 'Ramazan Package' may be approved

The Econo-mic Co-ordination Committee (ECC) of the Cabinet in a meeting scheduled to be held on Thursday would consider and approve a Ramazan package of Rs 2 billion to provide 17 essential commodities at discounted rate at Utility Stores Corporations (US
Published 14 May, 2014 12:00am
Rs two billion 'Ramazan Package' may be approved

Rs two billion 'Ramazan Package' may be approved

The Econo-mic Co-ordination Committee (ECC) of the Cabinet in a meeting scheduled to be held on Thursday would consider and approve a Ramazan package of Rs 2 billion to provide 17 essential commodities at discounted rate at Utility Stores Corporations (US
Published 14 May, 2014 12:00am
Phase-wise withdrawal of exemptions on the cards: Senate body told

Phase-wise withdrawal of exemptions on the cards: Senate body told

Chairman Federal Board of Revenue (FBR) Tariq Bajwa said on Tuesday that the government could withdraw exemption statutory regulatory orders (SROs) worth 0.9 to 1 per cent of the Gross Domestic Product (GDP) during three years phase-out plan starting from
Published 14 May, 2014 12:00am
Phase-wise withdrawal of exemptions on the cards: Senate body told

Phase-wise withdrawal of exemptions on the cards: Senate body told

Chairman Federal Board of Revenue (FBR) Tariq Bajwa said on Tuesday that the government could withdraw exemption statutory regulatory orders (SROs) worth 0.9 to 1 per cent of the Gross Domestic Product (GDP) during three years phase-out plan starting from
Published 14 May, 2014 12:00am
Phase-wise withdrawal of exemptions on the cards: Senate body told

Phase-wise withdrawal of exemptions on the cards: Senate body told

Chairman Federal Board of Revenue (FBR) Tariq Bajwa said on Tuesday that the government could withdraw exemption statutory regulatory orders (SROs) worth 0.9 to 1 per cent of the Gross Domestic Product (GDP) during three years phase-out plan starting from
Published 14 May, 2014 12:00am
Interest-free loan scheme approved by Prime Minister

Interest-free loan scheme approved by Prime Minister

Prime Minister Nawaz Sharif on Tuesday approved a Rs 3.5 billion interest-free loan scheme, targeting one million people - 50 percent of them women. The disbursement of interest-free loan would begin in the third week of June this year. The Prime Minister
Published 14 May, 2014 12:00am
Interest-free loan scheme approved by Prime Minister

Interest-free loan scheme approved by Prime Minister

Prime Minister Nawaz Sharif on Tuesday approved a Rs 3.5 billion interest-free loan scheme, targeting one million people - 50 percent of them women. The disbursement of interest-free loan would begin in the third week of June this year. The Prime Minister
Published 14 May, 2014 12:00am
Interest-free loan scheme approved by Prime Minister

Interest-free loan scheme approved by Prime Minister

Prime Minister Nawaz Sharif on Tuesday approved a Rs 3.5 billion interest-free loan scheme, targeting one million people - 50 percent of them women. The disbursement of interest-free loan would begin in the third week of June this year. The Prime Minister
Published 14 May, 2014 12:00am
Collection efforts stymied by rupee appreciation: FBR

Collection efforts stymied by rupee appreciation: FBR

The Chairman of Federal Board of Revenue (FBR), Tariq Bajwa, has said the FBR is expecting to collect Rs 2270 billion to Rs 2275 billion by the end of current fiscal year. He informed the Senate Standing Committee on Finance here on Tuesday that the FBR i
Published 14 May, 2014 12:00am
Collection efforts stymied by rupee appreciation: FBR

Collection efforts stymied by rupee appreciation: FBR

The Chairman of Federal Board of Revenue (FBR), Tariq Bajwa, has said the FBR is expecting to collect Rs 2270 billion to Rs 2275 billion by the end of current fiscal year. He informed the Senate Standing Committee on Finance here on Tuesday that the FBR i
Published 14 May, 2014 12:00am
Collection efforts stymied by rupee appreciation: FBR

Collection efforts stymied by rupee appreciation: FBR

The Chairman of Federal Board of Revenue (FBR), Tariq Bajwa, has said the FBR is expecting to collect Rs 2270 billion to Rs 2275 billion by the end of current fiscal year. He informed the Senate Standing Committee on Finance here on Tuesday that the FBR i
Published 14 May, 2014 12:00am
BRIndex30 sheds 1.61 points

BRIndex30 sheds 1.61 points

On Tuesday, BRIndex30 opened at 16,376.59. It touched an intraday high of 16,444.49 and an intraday low of 16,229.57 and closed at 16,374.98, which was -1.61 points or -0.01 percent lower than previous close. Total volume was 72,728,600, which was 59.94 p
Published 14 May, 2014 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Tuesday (May 13, 2014).

Published 14 May, 2014 12:00am
BRIndex30 sheds 1.61 points

BRIndex30 sheds 1.61 points

On Tuesday, BRIndex30 opened at 16,376.59. It touched an intraday high of 16,444.49 and an intraday low of 16,229.57 and closed at 16,374.98, which was -1.61 points or -0.01 percent lower than previous close. Total volume was 72,728,600, which was 59.94 p
Published 14 May, 2014 12:00am
Equities show some recovery

Equities show some recovery

After two consecutive negative trading sessions, Karachi stock market on Tuesday showed some recovery led by oversold oil stocks on strong valuations. The benchmark KSE-100 index managed to gain 67.61 points to close at 28,411.49 points up from 28,343.88
Published 14 May, 2014 12:00am
Equities show some recovery

Equities show some recovery

After two consecutive negative trading sessions, Karachi stock market on Tuesday showed some recovery led by oversold oil stocks on strong valuations. The benchmark KSE-100 index managed to gain 67.61 points to close at 28,411.49 points up from 28,343.88
Published 14 May, 2014 12:00am
Equities show some recovery

Equities show some recovery

After two consecutive negative trading sessions, Karachi stock market on Tuesday showed some recovery led by oversold oil stocks on strong valuations. The benchmark KSE-100 index managed to gain 67.61 points to close at 28,411.49 points up from 28,343.88
Published 14 May, 2014 12:00am
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