News Archives for Print - 2014-05-30 - Business Recorder

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Print - 2014-05-30

Contract/daily wage employees: Cabinet body's recommendations declared null and void

Contract/daily wage employees: Cabinet body's recommendations declared null and void

The recommendations passed by a sub-committee of Cabinet for regularisation of contract/daily wage employees was Thursday declared null and void by the Islamabad High Court (IHC). A single-member bench of Justice Shaukat Aziz Siddiqui resumed the hearing

Published 30 May, 2014 12:00am

Afghanistan: Pakistan, India and Iran urged to work for stability

Afghanistan: Pakistan, India and Iran urged to work for stability

Speakers at a conference Thursday called for co-ordinated efforts between the neighbouring countries including Pakistan, Iran and India to bring peace and stability in Afghanistan for the economic development of the entire region and refrain from competin

Published 30 May, 2014 12:00am

FBR officials: non-submission of tax returns: Dar takes notice

FBR officials: non-submission of tax returns: Dar takes notice

Finance Minister Senator Ishaq Dar took serious notice of a news item published in a section of press stating that 1200 out of 1743 FBR officials have not submitted their income tax returns. "The Finance Minister has directed Chairman FBR to verify the ve

Published 30 May, 2014 12:00am

European fish import from Pakistan to begin through Gwadar Port in two months: National Assembly panel informed

European fish import from Pakistan to begin through Gwadar Port in two months: National Assembly panel informed

The European countries have lifted ban on fish import from Pakistan which would begin in next two months through Gwadar Port, bringing Foreign Direct Investment (FDI) to the country besides boosting exports as well as increase the port throughput signific

Published 30 May, 2014 12:00am

EU food & agriculture markets: 'Pakistan can get share by ensuring safety measures'

EU food & agriculture markets: 'Pakistan can get share by ensuring safety measures'

European Union Ambassador to Pakistan Lars-Gunnar Wigemark has said that Pakistan can get its share in European food and agriculture markets through trade by ensuring food safety measures. Addressing a seminar titled "Nutritional Therapies against the lif

Published 30 May, 2014 12:00am

Cotton rallies on bullish weekly US export data expectations

Cotton rallies on bullish weekly US export data expectations

Cotton futures jumped the most in month on Thursday, fuelled by expectations of a bullish weekly US export sales report on Friday and mill buying. The benchmark July cotton contract on ICE Futures US ended up 1.28 cents, or 1.5 percent, at 86.15 cents a l

Published 30 May, 2014 12:00am

Shanghai copper drops

Shanghai copper drops

The most-traded August copper contract on the Shanghai Futures Exchange slipped 0.8 percent to 48,470 yuan ($7,700) a tonne on Thursday as worries resurfaced about China's economy after Beijing urged local governments to speed up spending to support growt

Published 30 May, 2014 12:00am

Copper slips but tight stocks limit losses

Copper slips but tight stocks limit losses

Copper slipped on Thursday as investors were unnerved by China's latest efforts to ward off a sharp growth slowdown, but the metal was still near the previous session's three-month peak as global supplies grow ever tighter. Three-month copper on the Londo

Published 30 May, 2014 12:00am

Palm oil slides

Palm oil slides

Malaysian palm oil dropped for a fifth consecutive session on Thursday to its lowest in seven months with rising supplies and sluggish demand putting pressure on the market. Palm oil, which is on track for a third straight month of decline, could find a f

Published 30 May, 2014 12:00am

Raw sugar, arabica see biggest rally in two weeks

Raw sugar, arabica see biggest rally in two weeks

Raw sugar posted its largest gain in two weeks on Thursday while US cocoa closed not far from 32-month highs on worries that weather anomalies could disrupt output in both crops. Arabica coffee, like raw sugar, had its biggest rally in two weeks after mov

Published 30 May, 2014 12:00am

Wheat falls for sixth day

Wheat falls for sixth day

US wheat fell on Wednesday, extending a week-long decline on investment fund selling tied to favourable conditions for crops in the world's top producer and exporter. Cheaper grain offered from shippers in Europe and the Black Sea region also weighed on f

Published 30 May, 2014 12:00am

El Nino may not be saviour for depressed rubber market

El Nino may not be saviour for depressed rubber market

El Nino could potentially affect global rubber output this year but the weather anomaly may not rescue prices from near multi-year lows as worries about China's economy and ample supply weigh on the market, industry sources said on Tuesday. Benchmark Toky

Published 30 May, 2014 12:00am

Tokyo rubber futures down

Tokyo rubber futures down

Benchmark Tokyo rubber futures fell to a near two-week low and ended down 2.1 percent on Thursday, due to a stronger yen and a 2.9 percent rise in Japanese rubber inventories. The benchmark rubber contract on the Tokyo Commodity Exchange (TOCOM) for Novem

Published 30 May, 2014 12:00am

Gold tumbles in New York

Gold tumbles in New York

Gold prices fell to their lowest in nearly 4 months on Wednesday, extending the previous session's two-percent sell-off, as the dollar rallied against the euro and stock markets held near recent record highs. Spot gold fell 0.4 percent to $1,258.50 an oun

Published 30 May, 2014 12:00am

Gold extends losses in Asia

Gold extends losses in Asia

Gold extended losses to a third straight session on Thursday, hitting fresh 16-week lows on a stronger dollar and weak physical demand in top buyer China. Spot gold fell to $1,251.70 an ounce - its lowest since early February, before recovering slightly t

Published 30 May, 2014 12:00am

Gold slips to 16-week low in Europe

Gold slips to 16-week low in Europe

Gold extended losses to a third straight session on Thursday, hitting fresh 16-week lows on investor risk appetite and as the dollar hovered near a two-month high, while weak physical demand in top buyer China also weighed. Spot gold fell to $1,251.50 an

Published 30 May, 2014 12:00am

US MIDDAY: wheat falls for seventh day

US MIDDAY: wheat falls for seventh day

US grains slumped early on Thursday, with wheat futures heading for their seventh straight session of declines on investor long liquidation tied to favourable weather for crops and cheaper supplies on offer in Europe and the Black Sea region. Wheat future

Published 30 May, 2014 12:00am

US MIDDAY: gold off lows

US MIDDAY: gold off lows

Gold prices eased early on Thursday but bounced off their lowest level in nearly four months after data showed the US economy contracted in the first quarter for the first time in three years. The US Commerce Department estimated that gross domestic produ

Published 30 May, 2014 12:00am

US crude rises as gasoline stocks draw supports

US crude rises as gasoline stocks draw supports

US crude prices rose on Thursday after government inventory data showed a sharp drawdown in gasoline that outweighed a build in overall crude stocks, while Brent edged up supported by the low Libyan output and the Ukraine crisis. US crude stockpiles rose

Published 30 May, 2014 12:00am

'Co-curricular activities to help contain menace of violence in society'

'Co-curricular activities to help contain menace of violence in society'

"Involve the youngsters in cocurricular activities to eradicate the growing menace of violence and anarchy from the society," a senior educationist recommended. Explaining the pathetic situation of cocurricular activities in educational institutions, he s

Published 30 May, 2014 12:00am

Government focuses on improving economy, investment climate: Pervaiz

Government focuses on improving economy, investment climate: Pervaiz

The government is focusing on a strategy to improve the economy and investment climate as well as develop infrastructure and human resources in the fiscal year 2014-15. This was stated by Federal Minister for Information and Broadcasting Pervaiz Rashid he

Published 30 May, 2014 12:00am

Gilani says he will appear in courts

Gilani says he will appear in courts

Former Prime Minister Syed Yousaf Raza Gilani has said that he would appear in the Accountability Court in Islamabad on June 4 and also before an ATC court in Karachi in the TDAP scam case, adding he had been facing fabricated cases in the past and would

Published 30 May, 2014 12:00am

Husband of bludgeoned woman murdered first wife

Husband of bludgeoned woman murdered first wife

The husband of a pregnant woman bludgeoned to death outside a courthouse murdered his first wife, he told AFP on Thursday, in a twist to a story that has shocked rights activists. Farzana Parveen was murdered on Tuesday outside the High Court by more than

Published 30 May, 2014 12:00am

'Jeet Double Hai' campaign: Shell Rimula announces lucky draw prizes

'Jeet Double Hai' campaign: Shell Rimula announces lucky draw prizes

Shell Pakistan's Rimula 'Jeet Double Hai' campaign, which was launched in March, has begun announcing the winners of its lucky draw. The winners of this exciting campaign will be awarded brand new Toyota Corollas, tractors and motorcycle prizes. One of th

Published 30 May, 2014 12:00am

Sudan envoy calls on PU vice chancellor

Sudan envoy calls on PU vice chancellor

Sudan Ambassador Al-Shafie Ahmad Mohammad called on Vice Chancellor of Punjab University Professor Dr Mujahid Kamran at his office here on Thursday. Dean Professor Dr Mubashar Ahmed Butt, Director External Linkages Dr Maria Maldonado, Controller of Examin

Published 30 May, 2014 12:00am

International Day of Peacekeepers marked: two Pakistanis decorated posthumously

International Day of Peacekeepers marked: two Pakistanis decorated posthumously

The United Nations on Thursday celebrated the dedication and courage of the men and women who play a role in the cause of peace around the world, while honouring at a ceremony the sacrifices of 106 peacekeepers, including two Pakistanis, who paid the ulti

Published 30 May, 2014 12:00am

WHO seeks ban on tobacco marketing campaigns in Pakistan

WHO seeks ban on tobacco marketing campaigns in Pakistan

World Health Organisation (WHO) has strongly urged the Ministry of National Health Services, Regulation and Co-ordination to comprehensively ban all tobacco marketing campaigns in Pakistan. It is learnt here on Thursday that WHO has also asked Ministry of

Published 30 May, 2014 12:00am

Ceremonial washing of Holy Kaaba held

Ceremonial washing of Holy Kaaba held

Governor of Makkah Prince Mishal Bin Abdullah, on behalf of King Abdullah of Saudi Arabia, led the ceremonial washing of the Holy Kaaba on Thursday morning. According to a private news channel, Saudi top officials including several ministers, Islamic scho

Published 30 May, 2014 12:00am

Breaking sanctions: US seeks to fine BNP $10 billion

Breaking sanctions: US seeks to fine BNP $10 billion

The US is seeking more than $10 billion from French bank BNP Paribas to settle charges it violated US sanctions on Iran, Sudan and Cuba, the Wall Street Journal reported Thursday. Citing people familiar with the negotiations between the bank and the Justi

Published 30 May, 2014 12:00am

Breaking sanctions: US seeks to fine BNP $10 billion

Breaking sanctions: US seeks to fine BNP $10 billion

The US is seeking more than $10 billion from French bank BNP Paribas to settle charges it violated US sanctions on Iran, Sudan and Cuba, the Wall Street Journal reported Thursday. Citing people familiar with the negotiations between the bank and the Justi

Published 30 May, 2014 12:00am

Breaking sanctions: US seeks to fine BNP $10 billion

Breaking sanctions: US seeks to fine BNP $10 billion

The US is seeking more than $10 billion from French bank BNP Paribas to settle charges it violated US sanctions on Iran, Sudan and Cuba, the Wall Street Journal reported Thursday. Citing people familiar with the negotiations between the bank and the Justi

Published 30 May, 2014 12:00am

Musharraf's name on ECL: verdict reserved

Musharraf's name on ECL: verdict reserved

The Sindh High Court (SHC) on Thursday reserved its judgement on a petition of General Pervez Musharraf (Retd) against restriction on his travelling out of Pakistan. A division bench headed by Justice Muhammad Ali Mazhar after hearing arguments of both si

Published 30 May, 2014 12:00am

Musharraf's name on ECL: verdict reserved

Musharraf's name on ECL: verdict reserved

The Sindh High Court (SHC) on Thursday reserved its judgement on a petition of General Pervez Musharraf (Retd) against restriction on his travelling out of Pakistan. A division bench headed by Justice Muhammad Ali Mazhar after hearing arguments of both si

Published 30 May, 2014 12:00am

Turkey''s top court rules YouTube ban violates rights

Turkey''s top court rules YouTube ban violates rights

Turkey''s top court ruled on Thursday that a blanket ban on YouTube violated individual rights and freedoms, clearing the way for the popular video-sharing site to come back. YouTube has been banned in Turkey since March 27 after the site was used to spre

Published 30 May, 2014 12:00am

Turkey's top court rules YouTube ban violates rights

Turkey's top court rules YouTube ban violates rights

Turkey's top court ruled on Thursday that a blanket ban on YouTube violated individual rights and freedoms, clearing the way for the popular video-sharing site to come back. YouTube has been banned in Turkey since March 27 after the site was used to sprea

Published 30 May, 2014 12:00am

Turkey's top court rules YouTube ban violates rights

Turkey's top court rules YouTube ban violates rights

Turkey's top court ruled on Thursday that a blanket ban on YouTube violated individual rights and freedoms, clearing the way for the popular video-sharing site to come back. YouTube has been banned in Turkey since March 27 after the site was used to sprea

Published 30 May, 2014 12:00am

The Weather

The Weather

The weather report on Thursday (May 29, 2014) and the forecast for Friday (May 30, 2014).

Published 30 May, 2014 12:00am

Alleged corruption in CDA projects: PAC asks NAB, FIA to initiate probe

Alleged corruption in CDA projects: PAC asks NAB, FIA to initiate probe

The Public Accounts Committee on Thursday directed the National Accountability Bureau (NAB) and the Federal Investigation Agency (FIA) to probe into billions of rupees alleged corruption in three development projects initiated by Capital Development Autho

Published 30 May, 2014 12:00am

Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (May 29, 2014).

Published 30 May, 2014 12:00am

Alleged corruption in CDA projects: PAC asks NAB, FIA to initiate probe

Alleged corruption in CDA projects: PAC asks NAB, FIA to initiate probe

The Public Accounts Committee on Thursday directed the National Accountability Bureau (NAB) and the Federal Investigation Agency (FIA) to probe into billions of rupees alleged corruption in three development projects initiated by Capital Development Autho

Published 30 May, 2014 12:00am

Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (May 29, 2014).

Published 30 May, 2014 12:00am

Alleged corruption in CDA projects: PAC asks NAB, FIA to initiate probe

Alleged corruption in CDA projects: PAC asks NAB, FIA to initiate probe

The Public Accounts Committee on Thursday directed the National Accountability Bureau (NAB) and the Federal Investigation Agency (FIA) to probe into billions of rupees alleged corruption in three development projects initiated by Capital Development Autho

Published 30 May, 2014 12:00am

LME official prices

LME official prices

The following were Wednesday official prices.

Published 30 May, 2014 12:00am

Sisi sweeps election as Egypt military reasserts grip

Sisi sweeps election as Egypt military reasserts grip

Ex-army chief Abdel Fattah al-Sisi has scored a crushing presidential election triumph and consolidated the military's grip, 11 months after the overthrow of the only Egyptian president not drawn from its ranks. Ninety-six percent of voters, at least 21 m

Published 30 May, 2014 12:00am

LME official prices

LME official prices

The following were Wednesday official prices.

Published 30 May, 2014 12:00am

Sisi sweeps election as Egypt military reasserts grip

Sisi sweeps election as Egypt military reasserts grip

Ex-army chief Abdel Fattah al-Sisi has scored a crushing presidential election triumph and consolidated the military's grip, 11 months after the overthrow of the only Egyptian president not drawn from its ranks. Ninety-six percent of voters, at least 21 m

Published 30 May, 2014 12:00am

Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (May 29, 2014).

Published 30 May, 2014 12:00am

Three soldiers martyred in NWA blasts

Three soldiers martyred in NWA blasts

Three soldiers were killed and two others sustained injures on Thursday in two improvised explosive device (IED) blasts in North Waziristan Agency. According to sources, the devices were planted along a roadside and targeted a team of soldiers patrolling

Published 30 May, 2014 12:00am

Poultry Rates

Poultry Rates

Wholesale poultry rates on Thursday (May 29, 2014) and for Friday (May 30, 2014).

Published 30 May, 2014 12:00am

Three soldiers martyred in NWA blasts

Three soldiers martyred in NWA blasts

Three soldiers were killed and two others sustained injures on Thursday in two improvised explosive device (IED) blasts in North Waziristan Agency. According to sources, the devices were planted along a roadside and targeted a team of soldiers patrolling

Published 30 May, 2014 12:00am

Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (May 29, 2014).

Published 30 May, 2014 12:00am

Woman's killing in LHC premises: Prime Minister orders prompt action, seeks report

Woman's killing in LHC premises: Prime Minister orders prompt action, seeks report

Prime Minister Nawaz Sharif on Thursday took notice of the brutal killing of a woman in the premises of High Court in Lahore. "This crime is totally unacceptable and must be dealt with in accordance with law promptly," the PM said in a statement issued by

Published 30 May, 2014 12:00am

Lahore Paper Market Rates

Lahore Paper Market Rates

Paper market rates in rupees on Thursday (May 29, 2014).

Published 30 May, 2014 12:00am

Woman's killing in LHC premises: Prime Minister orders prompt action, seeks report

Woman's killing in LHC premises: Prime Minister orders prompt action, seeks report

Prime Minister Nawaz Sharif on Thursday took notice of the brutal killing of a woman in the premises of High Court in Lahore. "This crime is totally unacceptable and must be dealt with in accordance with law promptly," the PM said in a statement issued by

Published 30 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 Thursday (May 29, 2014).

Published 30 May, 2014 12:00am

Ministry not adhering to meritocracy

Ministry not adhering to meritocracy

Ministry of Water and Power has reportedly not nominated on merit the officials for a training program to be held in Malaysia from 4th June to 11th June 2014. Sources revealed that the Ministry designed a training program with Malaysia under a "Malaysian

Published 30 May, 2014 12:00am

Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (May 29, 2014).

Published 30 May, 2014 12:00am

Ministry not adhering to meritocracy

Ministry not adhering to meritocracy

Ministry of Water and Power has reportedly not nominated on merit the officials for a training program to be held in Malaysia from 4th June to 11th June 2014. Sources revealed that the Ministry designed a training program with Malaysia under a "Malaysian

Published 30 May, 2014 12:00am

Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (May 29, 2014).

Published 30 May, 2014 12:00am

Ministry not adhering to meritocracy

Ministry not adhering to meritocracy

Ministry of Water and Power has reportedly not nominated on merit the officials for a training program to be held in Malaysia from 4th June to 11th June 2014. Sources revealed that the Ministry designed a training program with Malaysia under a "Malaysian

Published 30 May, 2014 12:00am

Dollar's rate in interbank market

Dollar's rate in interbank market

Interbank closing rates for dollar on Thursday (May 29, 2014).

Published 30 May, 2014 12:00am

Private Pemra members issued notices

Private Pemra members issued notices

The Islamabad High Court Thursday issued notices to three private members of the Pakistan Electronic Media Regulatory Authority, Israr Abbasi, Mian Shams and Fareeha Iftikhar (PEMRA) in response to a petition filed by Secretary Pemra. A single -member ben

Published 30 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 Thursday (May 29, 2014).

Published 30 May, 2014 12:00am

Private Pemra members issued notices

Private Pemra members issued notices

The Islamabad High Court Thursday issued notices to three private members of the Pakistan Electronic Media Regulatory Authority, Israr Abbasi, Mian Shams and Fareeha Iftikhar (PEMRA) in response to a petition filed by Secretary Pemra. A single -member ben

Published 30 May, 2014 12:00am

THE RUPEE: modest recovery

THE RUPEE: modest recovery

The rupee managed to recover modestly against the dollar on the money market on Thursday in the process of trading, dealers said. The rupee rose by 10-paisa in terms of the dollar for buying and selling at Rs 98.68 and Rs 98.70 respectively, they said.

Published 30 May, 2014 12:00am

Call to utilise national resources equitably

Call to utilise national resources equitably

Punjab Finance Minister Mujtaba Shujaur Rehman has said that there is need to utilise national resources equitably for setting up of a peaceful society and economic prosperity of the masses. He expressed these views while presiding over a meeting regardin

Published 30 May, 2014 12:00am

THE RUPEE: modest recovery

THE RUPEE: modest recovery

The rupee managed to recover modestly against the dollar on the money market on Thursday in the process of trading, dealers said. The rupee rose by 10-paisa in terms of the dollar for buying and selling at Rs 98.68 and Rs 98.70 respectively, they said.

Published 30 May, 2014 12:00am

International symposium at UHS: closer collaboration between forensic scientists, justice system stressed

International symposium at UHS: closer collaboration between forensic scientists, justice system stressed

A closer collaboration between forensic scientists and criminal justice system is the only way to put our investigation procedures on a solid scientific footing, thus, helping convict the guilty and protect the innocent. This was stated by experts at an i

Published 30 May, 2014 12:00am

Revised Rates of Debt Securities

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (May 29, 2014).

Published 30 May, 2014 12:00am

Payment of electricity bills in Fata: government to launch smart card system

Payment of electricity bills in Fata: government to launch smart card system

In a bid to persuade the tribesmen to pay electricity bills, the government is going to launch a smart card system in Federally Administered Tribal Areas [Fata] to ensure collection of power tariff from consumers in tribal areas. Under the proposal, the T

Published 30 May, 2014 12:00am

Revised Rates of Debt Securities

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (May 29, 2014).

Published 30 May, 2014 12:00am

Pakistani convicted of wife's murder in New York

Pakistani convicted of wife's murder in New York

A US judge convicted an elderly Pakistani immigrant Thursday of murdering his wife in their New York home, savagely beating her over the head after she refused to cook the food he wanted. Noor Hussain, 75, who believed it was his right to "discipline" his

Published 30 May, 2014 12:00am

Revised Rates of Debt Securities

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (May 29, 2014).

Published 30 May, 2014 12:00am

World Bank sounds alarm on rising global food prices

World Bank sounds alarm on rising global food prices

World food prices rose in the first quarter of the year for the first time since their all-time high in August 2012, driven by rising demand in China, drought in the United States and unrest in Ukraine. According to the World Bank, internationally traded

Published 30 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 Thursday (May 29, 2014).

Published 30 May, 2014 12:00am

CIA drone killing plan has ended?

CIA drone killing plan has ended?

The CIA's drone program in Pakistan, once the mainstay of President Barack Obama's counterterrorism effort, is winding down. The secret targeted killing program that once was the mainstay of President Barack Obama's counterterrorism effort appears to be c

Published 30 May, 2014 12:00am

Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (May 29, 2014).

Published 30 May, 2014 12:00am

CIA drone killing plan has ended?

CIA drone killing plan has ended?

The CIA's drone program in Pakistan, once the mainstay of President Barack Obama's counterterrorism effort, is winding down. The secret targeted killing program that once was the mainstay of President Barack Obama's counterterrorism effort appears to be c

Published 30 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 Thursday (May 29, 2014)

Published 30 May, 2014 12:00am

BRIndex30 jumps by 349.2 points

BRIndex30 jumps by 349.2 points

On Thursday, BRIndex30 opened at 17,319.40 and remained positive throughout the trading session. It touched an intraday high of 17,725.82 and an intraday low of 17,376.15 and closed at 17,668.60, which was 349.2 points or 2.02 percent higher than previous

Published 30 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 Thursday (May 29, 2014)

Published 30 May, 2014 12:00am

BRIndex30 jumps by 349.2 points

BRIndex30 jumps by 349.2 points

On Thursday, BRIndex30 opened at 17,319.40 and remained positive throughout the trading session. It touched an intraday high of 17,725.82 and an intraday low of 17,376.15 and closed at 17,668.60, which was 349.2 points or 2.02 percent higher than previous

Published 30 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 Thursday (May 29, 2014)

Published 30 May, 2014 12:00am

Index hits record high

Index hits record high

Supported by massive buying across-the-board, the share market on Thursday witnessed a bullish trend as the investors awaited a pro-business budget. The benchmark KSE-100 Index crossed psychological barrier of 29,000 points, to hit a fresh all-time high l

Published 30 May, 2014 12:00am

BRIndex30 and BR Sectoral Indices

BRIndex30 and BR Sectoral Indices

BRIndex30 and BR Sectoral Indices on Thursday (May 29, 2014).

Published 30 May, 2014 12:00am

Index hits record high

Index hits record high

Supported by massive buying across-the-board, the share market on Thursday witnessed a bullish trend as the investors awaited a pro-business budget. The benchmark KSE-100 Index crossed psychological barrier of 29,000 points, to hit a fresh all-time high l

Published 30 May, 2014 12:00am

BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 30 May, 2014 12:00am

Index hits record high

Index hits record high

Supported by massive buying across-the-board, the share market on Thursday witnessed a bullish trend as the investors awaited a pro-business budget. The benchmark KSE-100 Index crossed psychological barrier of 29,000 points, to hit a fresh all-time high l

Published 30 May, 2014 12:00am

Last date of renunciation/payment

Last date of renunciation/payment

Last dates of renunciation/payment.

Published 30 May, 2014 12:00am

''Pakistan Vision 2025'' approved by NEC

''Pakistan Vision 2025'' approved by NEC

The National Economic Council (NEC) on Thursday approved ''Pakistan Vision 2025'' plan aimed at unlocking the immense potential within the country. The meeting presided over by Prime Minister Nawaz Sharif and attended by the Chief Ministers approved Rs 1.

Published 30 May, 2014 12:00am

Provisionally listed companies

Provisionally listed companies

Provisional companies listed in Karachi Stock Exchange.

Published 30 May, 2014 12:00am

'Pakistan Vision 2025' approved by NEC

'Pakistan Vision 2025' approved by NEC

The National Economic Council (NEC) on Thursday approved 'Pakistan Vision 2025' plan aimed at unlocking the immense potential within the country. The meeting presided over by Prime Minister Nawaz Sharif and attended by the Chief Ministers approved Rs 1.31

Published 30 May, 2014 12:00am

Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 30 May, 2014 12:00am

'Pakistan Vision 2025' approved by NEC

'Pakistan Vision 2025' approved by NEC

The National Economic Council (NEC) on Thursday approved 'Pakistan Vision 2025' plan aimed at unlocking the immense potential within the country. The meeting presided over by Prime Minister Nawaz Sharif and attended by the Chief Ministers approved Rs 1.31

Published 30 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 30 May, 2014 12:00am

Power payables of provinces: deduction at source approved by CCI

Power payables of provinces: deduction at source approved by CCI

The Council of Common Interests (CCI) on Thursday approved a mechanism for deduction at source of outstanding power sector payables of provinces. The CCI met here under the chairmanship of Prime Minister Muhammad Nawaz Sharif at the PM''s Office. Finance

Published 30 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 30 May, 2014 12:00am

Power payables of provinces: deduction at source approved by CCI

Power payables of provinces: deduction at source approved by CCI

The Council of Common Interests (CCI) on Thursday approved a mechanism for deduction at source of outstanding power sector payables of provinces. The CCI met here under the chairmanship of Prime Minister Muhammad Nawaz Sharif at the PM's Office. Finance M

Published 30 May, 2014 12:00am

EFU GUARANT GROWTH FUND Rates

EFU GUARANT GROWTH FUND Rates

EFU Guarant Growth Fund Rates on Thursday (May 29, 2014).

Published 30 May, 2014 12:00am

Power payables of provinces: deduction at source approved by CCI

Power payables of provinces: deduction at source approved by CCI

The Council of Common Interests (CCI) on Thursday approved a mechanism for deduction at source of outstanding power sector payables of provinces. The CCI met here under the chairmanship of Prime Minister Muhammad Nawaz Sharif at the PM's Office. Finance M

Published 30 May, 2014 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 4	277.97
USD PKR Interbank Buying / Dec 4	277.77
USD to Japanese Yen / Dec 4	150.37
USD to Swiss Franc / Dec 4	0.89
Pound Sterling to USD / Dec 4	1.27
Euro to USD / Dec 4	1.05

Stock	Volume
S&P 500 / Dec 3	6,049.87
Nasdaq / Dec 3	19,480.91
Dow Jones / Dec 3	44,705.53
India Sensex / Dec 4	80,956.33
Tokyo Nikkei / Dec 4	39,276.39
Hang Seng / Dec 4	19,742.46
FTSE 100 / Dec 4	8,328.12
Germany DAX 30 / Dec 4	20,195.75

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 3	17,685
Crude Oil USD/Barrel / Dec 4	70.17
Gold 10 Grams PKR / Dec 4	235,940
Gold Spot USD/Ounce / Dec 4	2,644.45
Cotton US¢/pound / Dec 4	71.11
Petrol/Litre / Dec 5	252.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 5 786 Investments Limited(786)	7.37 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 5 Al-Abbas Sugar Mills Limited(AABS)	627.86 ▼ 0.00 (0.00%)
Agro Allianz / Dec 5 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 5 Ali Asghar Textile Mills Limited(AATM)	68.40 ▼ 0.00 (0.00%)
Allied Bank / Dec 5 Allied Bank Limited(ABL)	150.94 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 5 Abbott Laboratories (Pakistan) Limited(ABOT)	1,123.10 ▼ 0.00 (0.00%)
Abson Ind. / Dec 5 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 5 Alfalah Consumer Index ETF.(ACIETF)	13.47 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 5 786 Investments Limited(786)	7.37 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 5 Al-Abbas Sugar Mills Limited(AABS)	627.86 ▲ 0.00 (0.00%)
Agro Allianz / Dec 5 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 5 Ali Asghar Textile Mills Limited(AATM)	68.40 ▲ 0.00 (0.00%)
Allied Bank / Dec 5 Allied Bank Limited(ABL)	150.94 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 5 Abbott Laboratories (Pakistan) Limited(ABOT)	1,123.10 ▲ 0.00 (0.00%)
Abson Ind. / Dec 5 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 5 Alfalah Consumer Index ETF.(ACIETF)	13.47 ▲ 0.00 (0.00%)

Stock	Volume
Cnergyico PK / Dec 5 Cnergyico PK Limited(CNERGY)	246,707,903 ▲ 0.00
WorldCall Telecom / Dec 5 Worldcall Telecom Limited(WTL)	89,419,070 ▲ 0.00
Hascol Petrol / Dec 5 Hascol Petroleum Limited(HASCOL)	87,024,698 ▲ 0.00
Pak Elektron / Dec 5 Pak Elektron Limited(PAEL)	67,806,935 ▲ 0.00
Sui South Gas / Dec 5 Sui Southern Gas Company Limited(SSGC)	61,811,720 ▲ 0.00
Power Cement / Dec 5 Power Cement Limited(POWER)	58,501,362 ▲ 0.00
K-Electric Ltd. / Dec 5 K-Electric Limited(KEL)	56,938,645 ▲ 0.00
Pak Int.Bulk / Dec 5 Pakistan International Bulk Terminal(PIBTL)	56,115,997 ▲ 0.00
Pak Refinery / Dec 5 Pakistan Refinery Limited(PRL)	55,870,990 ▲ 0.00

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