News Archives for Print - 2014-05-15 - Business Recorder

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Jan 11, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Print - 2014-05-15

Joint budget proposals from all chambers of Pakistan: creating Rs 50 billion fund for timely payment of refunds to exporters suggested

Joint budget proposals from all chambers of Pakistan: creating Rs 50 billion fund for timely payment of refunds to exporters suggested

All chambers of commerce and industries and trade associations of the country in their joint budget proposals for the year 2014-15, have unanimously suggested that a special fund of Rs 50 billion should be created in the upcoming budget to provide timely

Published 15 May, 2014 12:00am

Millat Tractors Limited

Millat Tractors Limited

INTRODUCTION: Millat Tractors Limited (MTL) was originally formed in the year 1964 to launch and market Massey Ferguson Tractors in Pakistan. Initially, a plant was established in 1967 for assembling of tractors imported i

Published 15 May, 2014 12:00am

Millat Tractors Limited

Millat Tractors Limited

INTRODUCTION: Millat Tractors Limited (MTL) was originally formed in the year 1964 to launch and market Massey Ferguson Tractors in Pakistan. Initially, a plant was established in 1967 for assembling of tractors imported i

Published 15 May, 2014 12:00am

Sony Pictures acquires film rights for Greenwald's book on Snowden

Sony Pictures acquires film rights for Greenwald's book on Snowden

Sony Pictures Entertainment has acquired the film rights to journalist Glenn Greenwald's book about former US intelligence contractor Edward Snowden, recruiting producers of the James Bond franchise to bring the story to screen, the studio said on Wednesd

Published 15 May, 2014 12:00am

Saudi Arabia announces five new MERS deaths

Saudi Arabia announces five new MERS deaths

Saudi Arabia announced Wednesday five new deaths from MERS, raising the death toll in the country worst-hit by the mysterious coronavirus to 157 since it appeared in 2012. The health ministry also reported 16 new infections with Middle East Respiratory Sy

Published 15 May, 2014 12:00am

Swaziland tops up king's personal budget

Swaziland tops up king's personal budget

Swaziland's King Mswati III has increased his annual household budget for 2014 by more than 10 percent to $61 million, as a large public wage bill continues to put pressure on the impoverished country. The budget of the king, whose personal fortune is est

Published 15 May, 2014 12:00am

Saudi king reshuffles defence posts

Saudi king reshuffles defence posts

Saudi Arabia's King Abdullah on Wednesday reshuffled top defence posts, removing the deputy minister and the chief of staff, state news agency SPA reported. He also appointed his son Prince Turki as governor of Riyadh region, SPA said. Prince Salman bin S

Published 15 May, 2014 12:00am

Egyptian court jails 79 Morsi supporters

Egyptian court jails 79 Morsi supporters

An Egyptian court Wednesday sentenced 79 supporters of ousted president Mohamed Morsi to jail terms of between five and 10 years over their involvement in deadly clashes, judicial sources said. The defendants were convicted for participating in clashes be

Published 15 May, 2014 12:00am

Kiev hosts 'unity' talks as Russia warns of civil war

Kiev hosts 'unity' talks as Russia warns of civil war

Ukraine's embattled leaders launched round-table talks Wednesday as part of a Western-backed push to prevent the country falling apart, vowing they would not bow to "blackmail" by pro-Russian rebels waging an insurgency in the east. The so-called national

Published 15 May, 2014 12:00am

US Marines deploy to Italy due to Libya threat: official

US Marines deploy to Italy due to Libya threat: official

The US military has moved a team of marines from Spain to southern Italy as a precautionary step in case the US embassy in Libya comes under threat, officials said Wednesday. The contingent of nearly 200 marines is part of a newly-created "crisis response

Published 15 May, 2014 12:00am

Space trio returns to Earth in Russian capsule

Space trio returns to Earth in Russian capsule

A Russian and an American returned to Earth on Wednesday with their Japanese commander aboard a Soyuz capsule in the first such landing since Moscow's ties with the West imploded over Ukraine. Koichi Wakata - the first Japanese leader of an International

Published 15 May, 2014 12:00am

US names two Syrian rebels 'global terrorists'

US names two Syrian rebels 'global terrorists'

The US government officially designated two officials of rival jihadist groups in Syria as "global terrorists" Wednesday, warning other Syrian rebel groups to stay away from both men. The US Treasury added Saudi-born Abd Al-Rahman Muhammad Zafir Al-Dubays

Published 15 May, 2014 12:00am

Syria welcomes UN envoy exit as peace hopes dim

Syria welcomes UN envoy exit as peace hopes dim

Syria welcomed Wednesday the resignation of UN envoy Lakhdar Brahimi, as hopes for a resumption of peace talks dimmed ahead of a controversial election expected to return President Bashar al-Assad to office. Damascus accused Brahimi, who announced on Tues

Published 15 May, 2014 12:00am

Nigeria's president says no prisoner swap for missing girls: UK minister

Nigeria's president says no prisoner swap for missing girls: UK minister

Nigeria's President Goodluck Jonathan has ruled out freeing Boko Haram prisoners in exchange for the release of more than 200 kidnapped schoolgirls, British minister Mark Simmonds said on Wednesday. Africa minister Simmonds, in Nigeria for talks about the

Published 15 May, 2014 12:00am

US flying surveillance drones over Nigeria

US flying surveillance drones over Nigeria

The US military is flying surveillance drones as well as manned aircraft over Nigeria to help in the search for more than 200 schoolgirls kidnapped by Islamist extremists, the Pentagon said Wednesday. The United States has deployed the robotic Global Hawk

Published 15 May, 2014 12:00am

Scientists, drugmakers, charities sign UK deal on animal research

Scientists, drugmakers, charities sign UK deal on animal research

More than 70 medical bodies in Britain, including Pfizer, GlaxoSmithKline and AstraZeneca, have signed a pledge to be more open about their use of animals in scientific experiments. The Concordat on Openness on Animal Research was published on Wednesday a

Published 15 May, 2014 12:00am

The Weather

The Weather

The weather report on Wednesday (May 14, 2014) and the forecast for Thursday (May 15, 2014).

Published 15 May, 2014 12:00am

Kenya hit by new travel warnings

Kenya hit by new travel warnings

Several countries have stepped up their warnings against travel to Kenya's restive port city of Mombasa following a wave of attacks and unrest linked to Islamist extremists. Advice from Britain, France and Australia to their nationals to avoid the coastal

Published 15 May, 2014 12:00am

Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (May 14, 2014).

Published 15 May, 2014 12:00am

'We didn't loot... We didn't rape': Sudan commander

'We didn't loot... We didn't rape': Sudan commander

Leaders of a Sudanese counter-insurgency unit on Wednesday dismissed accusations that their men committed abuses in Darfur. "We didn't loot. We didn't burn any villages. We didn't rape," General Abbas Abdelaziz, who heads the Rapid Support Forces (RSF), t

Published 15 May, 2014 12:00am

LME official prices

LME official prices

The following were Tuesday official prices.

Published 15 May, 2014 12:00am

Jobless rate stuck at 7.5 percent in advanced nations: OECD

Jobless rate stuck at 7.5 percent in advanced nations: OECD

The unemployment rate in advanced countries remained stuck at 7.5 percent in March, the OECD said Wednesday, leaving the number of jobless still one-third higher than at the start of the global economic crisis. The OECD, a policy forum for advanced democr

Published 15 May, 2014 12:00am

LME official prices

LME official prices

The following were Tuesday official prices.

Published 15 May, 2014 12:00am

Cotton futures fall for third session as USDA report weighs

Cotton futures fall for third session as USDA report weighs

Cotton futures fell for a third straight session on Tuesday, under pressure from long liquidation following last week's bearish US government supply-demand outlook. The most-active July cotton contract on ICE Futures US edged down 0.37 cent, or 0.4 percen

Published 15 May, 2014 12:00am

Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (May 14, 2014).

Published 15 May, 2014 12:00am

Shanghai copper climbs

Shanghai copper climbs

The most-traded August copper contract on the Shanghai Futures Exchange erased early losses to climb by 0.5 percent to 48,500 yuan ($7,800) a tonne on Wednesday. China's economic activity showed across-the-board weakness in April, with data from output to

Published 15 May, 2014 12:00am

Poultry Rates

Poultry Rates

Wholesale poultry rates on Wednesday (May 14, 2014) and for Thursday (May 15, 2014).

Published 15 May, 2014 12:00am

Nickel slides over four percent, copper gains

Nickel slides over four percent, copper gains

Nickel prices fell more than 4 percent on Wednesday as some investors saw the market's Indonesian supply problem as fully priced in, given the metal is trading up nearly 50 percent in the year to date. Three-month nickel on the London Metal Exchange (LME)

Published 15 May, 2014 12:00am

Lahore Paper Market Rates

Lahore Paper Market Rates

Paper market rates in rupees on Wednesday (May 14, 2014).

Published 15 May, 2014 12:00am

Brent rises $1 on draw on US Cushing stocks, Ukraine crisis

Brent rises $1 on draw on US Cushing stocks, Ukraine crisis

Brent futures rose $1 a barrel on Wednesday while US crude rose 75 cents with both on track to settle near three-week highs supported by a draw on stocks in the United States and the deteriorating situation in Ukraine. Kiev's interim leaders proposed a pl

Published 15 May, 2014 12:00am

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (May 14, 2014).

Published 15 May, 2014 12:00am

Rotterdam vegetable oil prices

Rotterdam vegetable oil prices

Wednesday's Rotterdam vegetable oil prices at 1600 GMT.

Published 15 May, 2014 12:00am

Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (May 14, 2014).

Published 15 May, 2014 12:00am

Rotterdam vegetable oil prices

Rotterdam vegetable oil prices

Wednesday's Rotterdam vegetable oil prices at 1600 GMT.

Published 15 May, 2014 12:00am

Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (May 14, 2014).

Published 15 May, 2014 12:00am

Rubber stays up

Rubber stays up

Benchmark Tokyo rubber futures rose for a third session to a two-week high on Wednesday, supported by higher oil and precious metals prices on escalating violence in Ukraine, dealers said. The benchmark rubber contract on the Tokyo Commodity Exchange (TOC

Published 15 May, 2014 12:00am

Dollar's rate in interbank market

Dollar's rate in interbank market

Interbank closing rates for dollar on Wednesday (May 14, 2014).

Published 15 May, 2014 12:00am

Soyabeans, corn up

Soyabeans, corn up

US soyabean futures rose 1.3 percent on Tuesday, rebounding from Monday's sell-off on a round of bargain buying and some position squaring ahead of a report that will show how big demand from domestic crushers was in April, traders said. Corn futures also

Published 15 May, 2014 12:00am

Kerb buying and selling rate of US dollar

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Wednesday (May 14, 2014).

Published 15 May, 2014 12:00am

Palm oil jumps

Palm oil jumps

Malaysian palm oil futures rose to their highest in two weeks on Wednesday, boosted by a combination of data showing a rise in exports and expectations for an uptick in demand ahead of the Muslim holy month of Ramadan. The benchmark July contract on the B

Published 15 May, 2014 12:00am

THE RUPEE: all-round gains

THE RUPEE: all-round gains

The rupee, somehow, managed to hold the commanding position in terms of the dollar and euro on the local currency market on Wednesday, dealers said. The rupee rose by 15-paisa in relation to the dollar for buying at Rs 98.63 and it also picked up 15-paisa

Published 15 May, 2014 12:00am

Raw sugar climbs

Raw sugar climbs

Raw sugar hit six-week highs on Wednesday and white sugar 6-1/2 month peaks after a key industry forecast suggested Brazilian sugar and ethanol production was behind schedule. Arabica coffee fell almost 2 percent, nearing a one-month low after an US Depar

Published 15 May, 2014 12:00am

THE RUPEE: all-round gains

THE RUPEE: all-round gains

The rupee, somehow, managed to hold the commanding position in terms of the dollar and euro on the local currency market on Wednesday, dealers said. The rupee rose by 15-paisa in relation to the dollar for buying at Rs 98.63 and it also picked up 15-paisa

Published 15 May, 2014 12:00am

Gold up in Asia

Gold up in Asia

Platinum and palladium on Wednesday added to sharp gains made overnight on worries that increasing labour tensions in major producer South Africa could hurt supply, while gold edged up on escalating violence in Ukraine. Platinum edged up 0.4 percent to $1

Published 15 May, 2014 12:00am

Revised Rates of Debt Securities

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (May 14, 2014).

Published 15 May, 2014 12:00am

Platinum, palladium surge in New York

Platinum, palladium surge in New York

Platinum and palladium each rose 1 percent on Tuesday on the back of lingering supply worries as South Africa sent more police to the strike-hit platinum belt to protect miners after four were killed returning to work over the weekend. Gold prices, meanwh

Published 15 May, 2014 12:00am

Revised Rates of Debt Securities

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (May 14, 2014).

Published 15 May, 2014 12:00am

Gold rises in Europe

Gold rises in Europe

Gold rose around one percent on Wednesday after the dollar and global equities came under pressure as investors awaited confirmation of further stimulus measures from the European Central Bank. Gold also tracked strong gains in platinum and palladium on w

Published 15 May, 2014 12:00am

Revised Rates of Debt Securities

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (May 14, 2014).

Published 15 May, 2014 12:00am

Gabon drops three firms from oil licensing deal

Gabon drops three firms from oil licensing deal

Three companies previously named as among the winners in an offshore oil licensing round in Gabon have been dropped from the list, the country's oil minister said on Wednesday. "The offshore requires huge investment and the companies turned down did not m

Published 15 May, 2014 12:00am

Cross Transactions between Client to Client & Financial Institutions

Cross Transactions between Client to Client & Financial Institutions

The following were the cross transactions between client to client & financial institutions here on Wednesday (May 14, 2014).

Published 15 May, 2014 12:00am

US MIDDAY: wheat falls

US MIDDAY: wheat falls

US wheat futures fell for the sixth day in a row on Wednesday, extending a losing streak that has seen the benchmark contract shed 6.4 percent of its value due to ample global stocks and waning demand for US supplies. Soyabeans were 1.1 percent lower, wit

Published 15 May, 2014 12:00am

Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (May 14, 2014).

Published 15 May, 2014 12:00am

Flyover-underpasses case: Court seeks rejoinders

Flyover-underpasses case: Court seeks rejoinders

Sindh High Court (SHC) on Wednesday asked provincial authorities, counsel for Defence Housing Authority (DHA), Karachi Metropolitan Corporation (KMC) and others to file their respective rejoinders on appeal of KMC and Bahria Town challenging SHC order tha

Published 15 May, 2014 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Wednesday (May 14, 2014)

Published 15 May, 2014 12:00am

Flyover-underpasses case: Court seeks rejoinders

Flyover-underpasses case: Court seeks rejoinders

Sindh High Court (SHC) on Wednesday asked provincial authorities, counsel for Defence Housing Authority (DHA), Karachi Metropolitan Corporation (KMC) and others to file their respective rejoinders on appeal of KMC and Bahria Town challenging SHC order tha

Published 15 May, 2014 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Wednesday (May 14, 2014)

Published 15 May, 2014 12:00am

Flyover-underpasses case: Court seeks rejoinders

Flyover-underpasses case: Court seeks rejoinders

Sindh High Court (SHC) on Wednesday asked provincial authorities, counsel for Defence Housing Authority (DHA), Karachi Metropolitan Corporation (KMC) and others to file their respective rejoinders on appeal of KMC and Bahria Town challenging SHC order tha

Published 15 May, 2014 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Wednesday (May 14, 2014)

Published 15 May, 2014 12:00am

India criticises Pakistan's move to expel two journalists

India criticises Pakistan's move to expel two journalists

India's government on Wednesday criticised Pakistan's move to expel two Indian journalists as a "retrograde step" for bilateral ties. The Islamabad-based journalists were ordered to leave the country by May 20 after authorities refused to extend their vis

Published 15 May, 2014 12:00am

BRIndex30 and BR Sectoral Indices

BRIndex30 and BR Sectoral Indices

BRIndex30 and BR Sectoral Indices on Wednesday (May 14, 2014).

Published 15 May, 2014 12:00am

India criticises Pakistan's move to expel two journalists

India criticises Pakistan's move to expel two journalists

India's government on Wednesday criticised Pakistan's move to expel two Indian journalists as a "retrograde step" for bilateral ties. The Islamabad-based journalists were ordered to leave the country by May 20 after authorities refused to extend their vis

Published 15 May, 2014 12:00am

BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 15 May, 2014 12:00am

Abu Hamza evidence 'overwhelming': Jurors told

Abu Hamza evidence 'overwhelming': Jurors told

A federal prosecutor Wednesday urged a New York jury to convict cleric Abu Hamza on kidnapping and terrorism charges, insisting in closing arguments the evidence against him was "simply overwhelming." "The real Abu Hamza is not the man you see now in 2014

Published 15 May, 2014 12:00am

Last date of renunciation/payment

Last date of renunciation/payment

Last dates of renunciation/payment.

Published 15 May, 2014 12:00am

Abu Hamza evidence 'overwhelming': Jurors told

Abu Hamza evidence 'overwhelming': Jurors told

A federal prosecutor Wednesday urged a New York jury to convict cleric Abu Hamza on kidnapping and terrorism charges, insisting in closing arguments the evidence against him was "simply overwhelming." "The real Abu Hamza is not the man you see now in 2014

Published 15 May, 2014 12:00am

Provisionally listed companies

Provisionally listed companies

Provisional companies listed in Karachi Stock Exchange.

Published 15 May, 2014 12:00am

Foreign workers: Qatar to end sponsorship system

Foreign workers: Qatar to end sponsorship system

Qatar, which will host the 2022 football World Cup, said Wednesday it will abolish its controversial sponsorship system for foreign workers as international criticism mounts over their treatment. It "will be replaced with a system based on employment cont

Published 15 May, 2014 12:00am

Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 15 May, 2014 12:00am

Foreign workers: Qatar to end sponsorship system

Foreign workers: Qatar to end sponsorship system

Qatar, which will host the 2022 football World Cup, said Wednesday it will abolish its controversial sponsorship system for foreign workers as international criticism mounts over their treatment. It "will be replaced with a system based on employment cont

Published 15 May, 2014 12:00am

Clearing Schedule for T+2 System

Clearing Schedule for T+2 System

Karachi Stock Exchange's Clearing Schedule for T+2 System.

Published 15 May, 2014 12:00am

Foreign workers: Qatar to end sponsorship system

Foreign workers: Qatar to end sponsorship system

Qatar, which will host the 2022 football World Cup, said Wednesday it will abolish its controversial sponsorship system for foreign workers as international criticism mounts over their treatment. It "will be replaced with a system based on employment cont

Published 15 May, 2014 12:00am

Dates of Closure of Books & Annual General Meetings

Dates of Closure of Books & Annual General Meetings

Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed on the stock exchanges.

Published 15 May, 2014 12:00am

Government borrows Rs 348 billion through auction of MTBs

Government borrows Rs 348 billion through auction of MTBs

The federal government on Wednesday borrowed some Rs 348 billion through auction of Pakistan Market Treasury Bills (MTBs) against the target of Rs 450 billion. Analysts said banks and other financial institutions are more interested in long-term papers -

Published 15 May, 2014 12:00am

EFU GUARANT GROWTH FUND Rates

EFU GUARANT GROWTH FUND Rates

EFU Guarant Growth Fund Rates on Wednesday (May 14, 2014).

Published 15 May, 2014 12:00am

Government borrows Rs 348 billion through auction of MTBs

Government borrows Rs 348 billion through auction of MTBs

The federal government on Wednesday borrowed some Rs 348 billion through auction of Pakistan Market Treasury Bills (MTBs) against the target of Rs 450 billion. Analysts said banks and other financial institutions are more interested in long-term papers -

Published 15 May, 2014 12:00am

EFU GUARANT GROWTH FUND Rates

EFU GUARANT GROWTH FUND Rates

EFU Guarant Growth Fund Rates on Wednesday (May 14, 2014).

Published 15 May, 2014 12:00am

Government borrows Rs 348 billion through auction of MTBs

Government borrows Rs 348 billion through auction of MTBs

The federal government on Wednesday borrowed some Rs 348 billion through auction of Pakistan Market Treasury Bills (MTBs) against the target of Rs 450 billion. Analysts said banks and other financial institutions are more interested in long-term papers -

Published 15 May, 2014 12:00am

EFU GUARANT GROWTH FUND Rates

EFU GUARANT GROWTH FUND Rates

EFU Guarant Growth Fund Rates on Wednesday (May 14, 2014).

Published 15 May, 2014 12:00am

Government borrows Rs 348 billion through auction of MTBs

Government borrows Rs 348 billion through auction of MTBs

The federal government on Wednesday borrowed some Rs 348 billion through auction of Pakistan Market Treasury Bills (MTBs) against the target of Rs 450 billion. Analysts said banks and other financial institutions are more interested in long-term papers -

Published 15 May, 2014 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Wednesday (May 14, 2014).

Published 15 May, 2014 12:00am

Chinese police charge former GSK China head with bribery

Chinese police charge former GSK China head with bribery

Chinese police on Wednesday said they had charged the British former China head of drugmaker GlaxoSmithKline PLC and other colleagues with corruption, after a probe found the firm made billions of yuan from elaborate schemes to bribe doctors and hospitals

Published 15 May, 2014 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Wednesday (May 14, 2014).

Published 15 May, 2014 12:00am

Chinese police charge former GSK China head with bribery

Chinese police charge former GSK China head with bribery

Chinese police on Wednesday said they had charged the British former China head of drugmaker GlaxoSmithKline PLC and other colleagues with corruption, after a probe found the firm made billions of yuan from elaborate schemes to bribe doctors and hospitals

Published 15 May, 2014 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Wednesday (May 14, 2014).

Published 15 May, 2014 12:00am

Chinese police charge former GSK China head with bribery

Chinese police charge former GSK China head with bribery

Chinese police on Wednesday said they had charged the British former China head of drugmaker GlaxoSmithKline PLC and other colleagues with corruption, after a probe found the firm made billions of yuan from elaborate schemes to bribe doctors and hospitals

Published 15 May, 2014 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Wednesday (May 14, 2014).

Published 15 May, 2014 12:00am

Five Lieutenant Generals, including DG ISI, to retire in October

Five Lieutenant Generals, including DG ISI, to retire in October

Five Lieutenant Generals of Pakistan army, including Director General ISI, will retire this year on the completion of their service. According to sources, the DG ISI Lieutenant General Zaheerul Islam will retire in October, 2014. He was appointed DG ISI o

Published 15 May, 2014 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Wednesday (May 14, 2014).

Published 15 May, 2014 12:00am

Five Lieutenant Generals, including DG ISI, to retire in October

Five Lieutenant Generals, including DG ISI, to retire in October

Five Lieutenant Generals of Pakistan army, including Director General ISI, will retire this year on the completion of their service. According to sources, the DG ISI Lieutenant General Zaheerul Islam will retire in October, 2014. He was appointed DG ISI o

Published 15 May, 2014 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Wednesday (May 14, 2014).

Published 15 May, 2014 12:00am

Petroleum prices: SHC seeks explanation from federal government

Petroleum prices: SHC seeks explanation from federal government

Sindh High Court (SHC) on Wednesday issued a notice to federal authorities, asking them to submit an explanation for not adjusting petroleum prices in accordance with rupee appreciation. A division bench headed by Chief Justice Maqbool Baqar was seized wi

Published 15 May, 2014 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Wednesday (May 14, 2014).

Published 15 May, 2014 12:00am

Petroleum prices: SHC seeks explanation from federal government

Petroleum prices: SHC seeks explanation from federal government

Sindh High Court (SHC) on Wednesday issued a notice to federal authorities, asking them to submit an explanation for not adjusting petroleum prices in accordance with rupee appreciation. A division bench headed by Chief Justice Maqbool Baqar was seized wi

Published 15 May, 2014 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Wednesday (May 14, 2014).

Published 15 May, 2014 12:00am

Petroleum prices: SHC seeks explanation from federal government

Petroleum prices: SHC seeks explanation from federal government

Sindh High Court (SHC) on Wednesday issued a notice to federal authorities, asking them to submit an explanation for not adjusting petroleum prices in accordance with rupee appreciation. A division bench headed by Chief Justice Maqbool Baqar was seized wi

Published 15 May, 2014 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Wednesday (May 14, 2014).

Published 15 May, 2014 12:00am

European banks: US prosecutors take harder line

European banks: US prosecutors take harder line

The US Justice Department is seeking tough criminal penalties against European giants Credit Suisse and BNP Paribas as prosecutors aim to demonstrate that no institution is "too big to jail." BNP Paribas chief executive Jean-Laurent Bonnafe acknowledged a

Published 15 May, 2014 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Wednesday (May 14, 2014).

Published 15 May, 2014 12:00am

European banks: US prosecutors take harder line

European banks: US prosecutors take harder line

The US Justice Department is seeking tough criminal penalties against European giants Credit Suisse and BNP Paribas as prosecutors aim to demonstrate that no institution is "too big to jail." BNP Paribas chief executive Jean-Laurent Bonnafe acknowledged a

Published 15 May, 2014 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 10	278.78
USD PKR Interbank Buying / Jan 10	278.58
USD to Japanese Yen / Jan 10	157.84
USD to Swiss Franc / Jan 10	0.92
Pound Sterling to USD / Jan 10	1.22
Euro to USD / Jan 10	1.02

Stock	Volume
S&P 500 / Jan 10	5,824.15
India Sensex / Jan 10	77,378.91
Tokyo Nikkei / Jan 10	39,100.40
Nasdaq / Jan 10	19,146.19
Hang Seng / Jan 10	19,064.29
FTSE 100 / Jan 10	8,248.49
Dow Jones / Jan 10	41,910.26
Germany DAX 30 / Jan 10	20,214.79

Item	Value
Gold 10 Grams PKR / Jan 9	237,483
Crude Oil USD/Barrel / Jan 10	76.56
Karachi Cotton PKR/37.32 KG / Jan 10	18,785
Gold Spot USD/Ounce / Jan 10	2,716.80
Cotton US¢/pound / Jan 10	67.01
Petrol/Litre / Jan 11	252.66

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd / Jan 10 Chenab Limited(CHBL)	8.34 ▲ 1.00 (13.62%)
Pak Gen.Ins. / Jan 10 The Pakistan General Insurance Co. Ltd.(PKGI)	8.67 ▲ 0.89 (11.44%)
Tariq Corp.Pref. / Jan 10 Tariq Corporation Limited-Preference Shares(TCORPCPS)	8.76 ▲ 0.88 (11.17%)
Ist.Capital Sec / Jan 10 First Capital Securities Corporation(FCSC)	2.22 ▲ 0.22 (11.00%)
Sakrand Sugar / Jan 10 Sakrand Sugar Mills Limited(SKRS)	12.27 ▲ 1.12 (10.04%)
Dadex Eternit / Jan 10 Dadex Eternit Limited(DADX)	70.40 ▲ 6.40 (10.00%)
D.M. Textile / Jan 10 D.M. Textile Mills Limited(DMTX)	70.54 ▲ 6.41 (10.00%)
Khairpur Sug. / Jan 10 Khairpur Sugar Mills Limited(KPUS)	137.50 ▲ 12.50 (10.00%)
Mehmood Tex / Jan 10 Mehmood Textile Mills Limited(MEHT)	658.91 ▲ 59.90 (10.00%)

Stock	Price
First Capital Equities / Jan 10 First Capital Equities Limited(FCEL)	5.52 ▼ -0.67 (-10.82%)
S.G.Power / Jan 10 S.G. Power Limited(SGPL)	8.47 ▼ -1.00 (-10.56%)
JS Mom. Factor ETF / Jan 10 JS Momentum Factor ETF(JSMFETF)	13.42 ▼ -1.58 (-10.53%)
Liven Pharma / Jan 10 Liven Pharma Limited(LIVEN)	144.61 ▼ -16.07 (-10.00%)
Olympia Mills / Jan 10 Olympia Mills Limited(OML)	32.40 ▼ -3.60 (-10.00%)
Suhail Jute / Jan 10 Suhail Jute Mills Limited(SUHJ)	126.67 ▼ -14.07 (-10.00%)
Ali Asghar / Jan 10 Ali Asghar Textile Mills Limited(AATM)	63.85 ▼ -7.09 (-9.99%)
Blue-Ex Ltd / Jan 10 Blue-Ex Limited (GEM)(GEMBLUEX)	55.40 ▼ -6.15 (-9.99%)
Aisha Steel(ConPS) / Jan 10 Aisha Steel(ConPS)(ASLPS)	11 ▼ -1.20 (-9.84%)

Stock	Volume
WorldCall Telecom / Jan 10 Worldcall Telecom Limited(WTL)	195,296,323 ▼ -0.06
K-Electric Ltd. / Jan 10 K-Electric Limited(KEL)	48,682,503 ▼ -0.01
Cnergyico PK / Jan 10 Cnergyico PK Limited(CNERGY)	35,460,848 ▲ 0.06
Fauji Foods Ltd / Jan 10 Fauji Foods Limited(FFL)	31,825,296 ▲ 0.77
Pace (Pak) Ltd. / Jan 10 Pace (Pakistan) Limited(PACE)	23,629,459 ▲ 0.34
Pak Elektron / Jan 10 Pak Elektron Limited(PAEL)	23,144,464 ▲ 1.09
Lotte Chemical / Jan 10 Lotte Chemical Pakistan Limited(LOTCHEM)	19,944,268 ▼ -0.24
Air Link Com. / Jan 10 Air Link Communication Limited(AIRLINK)	15,918,682 ▼ -5.65
B.O.Punjab / Jan 10 The Bank of Punjab(BOP)	15,645,082 ▲ 0.01

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