News Archives for Print - 2014-06-24 - Business Recorder

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Print - 2014-06-24

ADP 2014-15: adequate allocation for Khyber Pakhtunkhwa southern districts demanded

ADP 2014-15: adequate allocation for Khyber Pakhtunkhwa southern districts demanded

While expressing concern over meagre share for southern districts of Khyber Pakhtunkhwa in the provincial Annual Development Programme (ADP) for fiscal year 2014-15, representative of civil society organisation demanded the provincial government to make b

Published 24 Jun, 2014 12:00am

Man killed by real brother

Man killed by real brother

A man was killed and another injured in an exchange of fire between two real brothers here on Monday. Police said that two real brothers hailing from Lousar area of Bisham in Lahl Muhammad Shaheed police station jurisdiction traded fire over ownership of

Published 24 Jun, 2014 12:00am

Man gunned down

Man gunned down

Armed men on Monday shot dead a man in Chaman Qila Abdullah district of Balochistan. Police said that unknown armed men opened fire at Fida Mohammad near FC Qila on Pak-Afghan road. As a result, he died on the spot. The assailants managed to escape. Polic

Published 24 Jun, 2014 12:00am

UAE to give $2.5 million to help IDPs

UAE to give $2.5 million to help IDPs

The United Arab Emirates (UAE) will give 2.5 million dollars to 50,000 displaced families at displaced people' camps in the Bannu district. The first UAE humanitarian aid convoy is due to leave Islamabad on Tuesday to reach the families on Wednesday, befo

Published 24 Jun, 2014 12:00am

Bajaur Agency: PA for timely completion of foreign sponsored projects

Bajaur Agency: PA for timely completion of foreign sponsored projects

The administration of Bajaur Agency on Monday expressed concern over slow pace of work on foreign sponsored uplift projects and directed the relevant officials to complete the projects without any delay. The directives were given by Political Agent (PA) S

Published 24 Jun, 2014 12:00am

Khyber Pakhtunkhwa Assembly asks provinces to open doors for NW IDPs

Khyber Pakhtunkhwa Assembly asks provinces to open doors for NW IDPs

The provincial assembly of Khyber Pakhtunkhwa on Monday unanimously expressed solidarity with the internally displaced persons (IDPs) of Waziristan military operation and urged all the provinces to open their doors for the affected and displaced people wh

Published 24 Jun, 2014 12:00am

Dealing with IDPs' issue: PTI condemns federal government's 'callousness'

Dealing with IDPs' issue: PTI condemns federal government's 'callousness'

Additional Secretary General Pakistan Tehreek-e-Insaf (PTI), Saifullah Khan Nyazee, has expressed sorrow and grief over the plight of IDPs driven out of NWA because of the ongoing military operation and condemned the callousness of the Federal Government

Published 24 Jun, 2014 12:00am

Zardari urges party leaders to reach out to IDPs in Khyber Pakhtunkhwa

Zardari urges party leaders to reach out to IDPs in Khyber Pakhtunkhwa

Co-Chairman of Pakistan People's Party Asif Ai Zardari has asked the party leadership to reach out to internally displaced persons (IDPs) in the Khyber Pakhtunkhwa (KP) province and taking all possible steps for their assistance in relief and rehabilitati

Published 24 Jun, 2014 12:00am

Khyber Pakhtunkhwa police asked to prepare contingency plan

Khyber Pakhtunkhwa police asked to prepare contingency plan

Inspector General (IGP) of Police Khyber-Pakhtunkhwa Nasir Khan Durrani directed police high-ups to prepare themselves for any eventualities and make full-fledged contingency plan of all things in the backdrop of ongoing army operation against the terrori

Published 24 Jun, 2014 12:00am

Palm oil near one-month high

Palm oil near one-month high

Malaysian palm oil futures rose to a near one-month high on Monday, tracking firm soyoil markets and as expectations of Ramadan-linked demand and rising crude prices supported. By the close, the benchmark September contract on the Bursa Malaysia Derivativ

Published 24 Jun, 2014 12:00am

India to export over two million tonnes of sugar

India to export over two million tonnes of sugar

India is likely to export more than 2 million tonnes of sugar in 2014/15 as the top consumer is set to produce a surplus of the sweetener for the fifth straight year despite chances of reduced rainfall, a commodities executive said on Monday.

Published 24 Jun, 2014 12:00am

Plastic factory: KE & FIA unearth power theft worth Rs 54.5 million

Plastic factory: KE & FIA unearth power theft worth Rs 54.5 million

K-Electric (KE), under its ongoing drive against illegal connections and electricity theft raided a plastic factory in Golimar in collaboration with the Federal Investigation Agency (FIA) where it was confirmed that the factory was powered by illegal elec

Published 24 Jun, 2014 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Monday (June 23, 2014).

Published 24 Jun, 2014 12:00am

Airline expresses serious reservations

Airline expresses serious reservations

The Emirates Airlines Monday expressed serious reservations over diversion of its flight EK-612 with Dr Tahir-ul-Qadri chief Pakistan Awami Tehreek (PAT) on board, from Islamabad intternational airport to Lahore. Pakistan is a highly important market for

Published 24 Jun, 2014 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Monday (June 23, 2014).

Published 24 Jun, 2014 12:00am

Airline expresses serious reservations

Airline expresses serious reservations

The Emirates Airlines Monday expressed serious reservations over diversion of its flight EK-612 with Dr Tahir-ul-Qadri chief Pakistan Awami Tehreek (PAT) on board, from Islamabad intternational airport to Lahore. Pakistan is a highly important market for

Published 24 Jun, 2014 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Monday (June 23, 2014).

Published 24 Jun, 2014 12:00am

ISE index gains 33.93 points

ISE index gains 33.93 points

Bulls dominated the proceedings at the Islamabad Stock Exchange (ISE) on Monday, where equities continued to move in upward direction with positive trend at the ISE amid increase in index. ISE Ten Index showed an improvement of 33.93 points as the ISE Ten

Published 24 Jun, 2014 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Monday (June 23, 2014).

Published 24 Jun, 2014 12:00am

ISE index gains 33.93 points

ISE index gains 33.93 points

Bulls dominated the proceedings at the Islamabad Stock Exchange (ISE) on Monday, where equities continued to move in upward direction with positive trend at the ISE amid increase in index. ISE Ten Index showed an improvement of 33.93 points as the ISE Ten

Published 24 Jun, 2014 12:00am

EFU GUARANT GROWTH FUND Rates

EFU GUARANT GROWTH FUND Rates

EFU Guarant Growth Fund Rates on Monday (June 23, 2014).

Published 24 Jun, 2014 12:00am

LSE index loses 40.21 points

LSE index loses 40.21 points

Bearish sentiments prevailed on the Lahore Stock Exchange on Monday and the equities registered declines amid sluggish trading trend. The LSE-25 index lost 40.21 points to close at 5442.00 against 5482.21 of last Friday while transaction volume was increa

Published 24 Jun, 2014 12:00am

EFU GUARANT GROWTH FUND Rates

EFU GUARANT GROWTH FUND Rates

EFU Guarant Growth Fund Rates on Monday (June 23, 2014).

Published 24 Jun, 2014 12:00am

LSE index loses 40.21 points

LSE index loses 40.21 points

Bearish sentiments prevailed on the Lahore Stock Exchange on Monday and the equities registered declines amid sluggish trading trend. The LSE-25 index lost 40.21 points to close at 5442.00 against 5482.21 of last Friday while transaction volume was increa

Published 24 Jun, 2014 12:00am

EFU GUARANT GROWTH FUND Rates

EFU GUARANT GROWTH FUND Rates

EFU Guarant Growth Fund Rates on Monday (June 23, 2014).

Published 24 Jun, 2014 12:00am

WFP starts aid handout as refugee frustration mounts

WFP starts aid handout as refugee frustration mounts

The World Food Programme (WFP) on Monday began distributing aid for hundreds of thousands who have fled a military offensive in Pakistan, as refugees expressed increasing frustration at delays in assistance and prospects for peace. It has been just over a

Published 24 Jun, 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 24 Jun, 2014 12:00am

WFP starts aid handout as refugee frustration mounts

WFP starts aid handout as refugee frustration mounts

The World Food Programme (WFP) on Monday began distributing aid for hundreds of thousands who have fled a military offensive in Pakistan, as refugees expressed increasing frustration at delays in assistance and prospects for peace. It has been just over a

Published 24 Jun, 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 24 Jun, 2014 12:00am

DG AEDB: appointment declared illegal

DG AEDB: appointment declared illegal

The Islamabad High Court (IHC) on Monday declared the appointment of Engr. Dr Basharat Hasan Bashir as Director General (DG) Alternative Energy Development Board (AEDB) as illegal. A single-member bench of Justice Shaukat Aziz Siddiqui heard a petition fi

Published 24 Jun, 2014 12:00am

Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 24 Jun, 2014 12:00am

DG AEDB: appointment declared illegal

DG AEDB: appointment declared illegal

The Islamabad High Court (IHC) on Monday declared the appointment of Engr. Dr Basharat Hasan Bashir as Director General (DG) Alternative Energy Development Board (AEDB) as illegal. A single-member bench of Justice Shaukat Aziz Siddiqui heard a petition fi

Published 24 Jun, 2014 12:00am

Provisionally listed companies

Provisionally listed companies

Provisional companies listed in Karachi Stock Exchange.

Published 24 Jun, 2014 12:00am

New York court releases memo justifying drone strike on US cleric

New York court releases memo justifying drone strike on US cleric

A New York court on Monday released an edited version of a US government memo legally justifying a drone attack that targeted and killed an American in Yemen in 2011. Radical US-Yemeni cleric Anwar al-Awlaki was targeted and killed in the drone attack in

Published 24 Jun, 2014 12:00am

Last date of renunciation/payment

Last date of renunciation/payment

Last dates of renunciation/payment.

Published 24 Jun, 2014 12:00am

New York court releases memo justifying drone strike on US cleric

New York court releases memo justifying drone strike on US cleric

A New York court on Monday released an edited version of a US government memo legally justifying a drone attack that targeted and killed an American in Yemen in 2011. Radical US-Yemeni cleric Anwar al-Awlaki was targeted and killed in the drone attack in

Published 24 Jun, 2014 12:00am

Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 24 Jun, 2014 12:00am

Early implementation: six Discos, Gencos included in sell-off plan

Early implementation: six Discos, Gencos included in sell-off plan

Cabinet Committee on Privatisation (CCoP) has included six power Distribution Companies (Discos) and two Generation Companies (Gencos) in its early implementation programme.

Published 24 Jun, 2014 12:00am

Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 24 Jun, 2014 12:00am

Early implementation: six Discos, Gencos included in sell-off plan

Early implementation: six Discos, Gencos included in sell-off plan

Cabinet Committee on Privatisation (CCoP) has included six power Distribution Companies (Discos) and two Generation Companies (Gencos) in its early implementation programme.

Published 24 Jun, 2014 12:00am

BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 24 Jun, 2014 12:00am

Early implementation: six Discos, Gencos included in sell-off plan

Early implementation: six Discos, Gencos included in sell-off plan

Cabinet Committee on Privatisation (CCoP) has included six power Distribution Companies (Discos) and two Generation Companies (Gencos) in its early implementation programme.

Published 24 Jun, 2014 12:00am

Despatch of dividend warrants

Despatch of dividend warrants

Dates of despatch of dividend warrants and bonus share certificates.

Published 24 Jun, 2014 12:00am

PC to offer 70.05 million PPL shares to investors

PC to offer 70.05 million PPL shares to investors

Privatisation Commission (PC) will offer 70.05 million shares of Pakistan Petroleum Limited (PPL) to international and domestic institutional investors and High Net Worth Individuals (HNWI) through a book building process to be executed this week, reveal

Published 24 Jun, 2014 12:00am

BRIndex30 and BR Sectoral Indices

BRIndex30 and BR Sectoral Indices

BRIndex30 and BR Sectoral Indices on Monday (June 23, 2014).

Published 24 Jun, 2014 12:00am

PC to offer 70.05 million PPL shares to investors

PC to offer 70.05 million PPL shares to investors

Privatisation Commission (PC) will offer 70.05 million shares of Pakistan Petroleum Limited (PPL) to international and domestic institutional investors and High Net Worth Individuals (HNWI) through a book building process to be executed this week, reveal

Published 24 Jun, 2014 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Monday (June 23, 2014)

Published 24 Jun, 2014 12:00am

PC to offer 70.05 million PPL shares to investors

PC to offer 70.05 million PPL shares to investors

Privatisation Commission (PC) will offer 70.05 million shares of Pakistan Petroleum Limited (PPL) to international and domestic institutional investors and High Net Worth Individuals (HNWI) through a book building process to be executed this week, reveal

Published 24 Jun, 2014 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Monday (June 23, 2014)

Published 24 Jun, 2014 12:00am

Sindh wants unutilised GIDC distributed among provinces

Sindh wants unutilised GIDC distributed among provinces

Sindh Government has expressed reservation over the Gas Infrastructure Development Cess (GIDC) and decided to approach Federal Government to get the money collected under the head distributed among the provinces under Article 161 of the constitution.

Published 24 Jun, 2014 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Monday (June 23, 2014)

Published 24 Jun, 2014 12:00am

Sindh wants unutilised GIDC distributed among provinces

Sindh wants unutilised GIDC distributed among provinces

Sindh Government has expressed reservation over the Gas Infrastructure Development Cess (GIDC) and decided to approach Federal Government to get the money collected under the head distributed among the provinces under Article 161 of the constitution.

Published 24 Jun, 2014 12:00am

Revised Rates of Debt Securities

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Monday (June 23, 2014).

Published 24 Jun, 2014 12:00am

Nuclear upgrade: Hungary approves 10 billion euro Russia loan

Nuclear upgrade: Hungary approves 10 billion euro Russia loan

Hungarian lawmakers approved Monday a multi-billion-euro loan from Russia for an upgrade of the country's only nuclear power plant, a deal critics say increases Hungary's dependence on Moscow. In January, Prime Minister Viktor Orban struck an agreement wi

Published 24 Jun, 2014 12:00am

Revised Rates of Debt Securities

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Monday (June 23, 2014).

Published 24 Jun, 2014 12:00am

Nuclear upgrade: Hungary approves 10 billion euro Russia loan

Nuclear upgrade: Hungary approves 10 billion euro Russia loan

Hungarian lawmakers approved Monday a multi-billion-euro loan from Russia for an upgrade of the country's only nuclear power plant, a deal critics say increases Hungary's dependence on Moscow. In January, Prime Minister Viktor Orban struck an agreement wi

Published 24 Jun, 2014 12:00am

Revised Rates of Debt Securities

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Monday (June 23, 2014).

Published 24 Jun, 2014 12:00am

Nuclear upgrade: Hungary approves 10 billion euro Russia loan

Nuclear upgrade: Hungary approves 10 billion euro Russia loan

Hungarian lawmakers approved Monday a multi-billion-euro loan from Russia for an upgrade of the country''s only nuclear power plant, a deal critics say increases Hungary''s dependence on Moscow. In January, Prime Minister Viktor Orban struck an agreement

Published 24 Jun, 2014 12:00am

THE RUPEE: all-round fall

THE RUPEE: all-round fall

The rupee failed to stand with its counterparts (dollar and euro) on the local currency market on Monday in the process of trading, dealers said. The rupee extended it week-end losses versus the dollar, shedding 43-paisa for buying at Rs 98.75 and it also

Published 24 Jun, 2014 12:00am

Budgetary measures: FBR to issue 10 notifications after MoF nod

Budgetary measures: FBR to issue 10 notifications after MoF nod

The Federal Board of Revenue will issue 9-10 notifications to implement budgetary measures (2014-15), including revision of value of imported billets from $550 to $514 for sales tax assessment, rescind capacity tax rules-2013, conditional zero-rating for

Published 24 Jun, 2014 12:00am

THE RUPEE: all-round fall

THE RUPEE: all-round fall

The rupee failed to stand with its counterparts (dollar and euro) on the local currency market on Monday in the process of trading, dealers said. The rupee extended it week-end losses versus the dollar, shedding 43-paisa for buying at Rs 98.75 and it also

Published 24 Jun, 2014 12:00am

Budgetary measures: FBR to issue 10 notifications after MoF nod

Budgetary measures: FBR to issue 10 notifications after MoF nod

The Federal Board of Revenue will issue 9-10 notifications to implement budgetary measures (2014-15), including revision of value of imported billets from $550 to $514 for sales tax assessment, rescind capacity tax rules-2013, conditional zero-rating for

Published 24 Jun, 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 Monday (June 23, 2014).

Published 24 Jun, 2014 12:00am

Budgetary measures: FBR to issue 10 notifications after MoF nod

Budgetary measures: FBR to issue 10 notifications after MoF nod

The Federal Board of Revenue will issue 9-10 notifications to implement budgetary measures (2014-15), including revision of value of imported billets from $550 to $514 for sales tax assessment, rescind capacity tax rules-2013, conditional zero-rating for

Published 24 Jun, 2014 12:00am

Dollar's rate in interbank market

Dollar's rate in interbank market

Interbank closing rates for dollar on Monday (June 23, 2014).

Published 24 Jun, 2014 12:00am

Under-invoicing rampant on imports from UAE

Under-invoicing rampant on imports from UAE

Under-invoicing has been witnessed on the imports from UAE with price disparities in items including mineral and chemicals, pharmaceuticals, dyes, cosmetics, others, plastics and articles, rubber and articles, paper and paper board, textile (mainly cotton

Published 24 Jun, 2014 12:00am

Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (June 23, 2014).

Published 24 Jun, 2014 12:00am

Under-invoicing rampant on imports from UAE

Under-invoicing rampant on imports from UAE

Under-invoicing has been witnessed on the imports from UAE with price disparities in items including mineral and chemicals, pharmaceuticals, dyes, cosmetics, others, plastics and articles, rubber and articles, paper and paper board, textile (mainly cotton

Published 24 Jun, 2014 12:00am

Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (June 23, 2014).

Published 24 Jun, 2014 12:00am

Under-invoicing rampant on imports from UAE

Under-invoicing rampant on imports from UAE

Under-invoicing has been witnessed on the imports from UAE with price disparities in items including mineral and chemicals, pharmaceuticals, dyes, cosmetics, others, plastics and articles, rubber and articles, paper and paper board, textile (mainly cotton

Published 24 Jun, 2014 12:00am

Pakistan Economic Indicators

Pakistan Economic Indicators

Pakistan Economic Indicators - June 23, 2014

Published 24 Jun, 2014 12:00am

Kerry promises 'intense and sustained' support for Iraq

Kerry promises 'intense and sustained' support for Iraq

Secretary of State John Kerry on Monday promised "intense and sustained" US support for Iraq, but said the divided country would only survive if its leaders took urgent steps to bring it together. Hours before Kerry arrived in Baghdad, Sunni tribes who ha

Published 24 Jun, 2014 12:00am

State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 13th June, 2014.

Published 24 Jun, 2014 12:00am

Kerry promises 'intense and sustained' support for Iraq

Kerry promises 'intense and sustained' support for Iraq

Secretary of State John Kerry on Monday promised "intense and sustained" US support for Iraq, but said the divided country would only survive if its leaders took urgent steps to bring it together. Hours before Kerry arrived in Baghdad, Sunni tribes who ha

Published 24 Jun, 2014 12:00am

State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 13th June, 2014.

Published 24 Jun, 2014 12:00am

Outrage as Egypt jails Jazeera journalists

Outrage as Egypt jails Jazeera journalists

An Egyptian court sentenced three Al-Jazeera journalists including Australia's Peter Greste to jail terms from seven to 10 years Monday in a verdict denounced internationally as "chilling" and "unjust". Greste and Egyptian-Canadian Mohamed Fadel Fahmy eac

Published 24 Jun, 2014 12:00am

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Monday (June 23, 2014).

Published 24 Jun, 2014 12:00am

Outrage as Egypt jails Jazeera journalists

Outrage as Egypt jails Jazeera journalists

An Egyptian court sentenced three Al-Jazeera journalists including Australia's Peter Greste to jail terms from seven to 10 years Monday in a verdict denounced internationally as "chilling" and "unjust". Greste and Egyptian-Canadian Mohamed Fadel Fahmy eac

Published 24 Jun, 2014 12:00am

Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (June 23, 2014).

Published 24 Jun, 2014 12:00am

SBP restructures Banking Inspection Department

SBP restructures Banking Inspection Department

The State Bank of Pakistan (SBP) has announced restructuring of its Banking Inspection Department. As per new plan, Banking Inspection (On-Site) Department has been divided into two parts, ie, Banking Inspection Department-I (BID-I) and Banking Inspection

Published 24 Jun, 2014 12:00am

Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (June 23, 2014).

Published 24 Jun, 2014 12:00am

SBP restructures Banking Inspection Department

SBP restructures Banking Inspection Department

The State Bank of Pakistan (SBP) has announced restructuring of its Banking Inspection Department. As per new plan, Banking Inspection (On-Site) Department has been divided into two parts, ie, Banking Inspection Department-I (BID-I) and Banking Inspection

Published 24 Jun, 2014 12:00am

Lahore Paper Market Rates

Lahore Paper Market Rates

Paper market rates in rupees on Monday (June 23, 2014).

Published 24 Jun, 2014 12:00am

SBP restructures Banking Inspection Department

SBP restructures Banking Inspection Department

The State Bank of Pakistan (SBP) has announced restructuring of its Banking Inspection Department. As per new plan, Banking Inspection (On-Site) Department has been divided into two parts, ie, Banking Inspection Department-I (BID-I) and Banking Inspection

Published 24 Jun, 2014 12:00am

Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (June 23, 2014).

Published 24 Jun, 2014 12:00am

Nishat Power Limited

Nishat Power Limited

Nishat Power Limited is the third Independent Power Producer (IPP), which was incorporated as a public limited company in 2007 under the Power Policy 2002, after Attock and Atlas. This IPP is a subsidiary of Nishat Mills Limited of Nishat Group. Nishat Gr

Published 24 Jun, 2014 12:00am

Faisalabad yarn and fibre prices

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Monday (June 23, 2014).

Published 24 Jun, 2014 12:00am

Nishat Power Limited

Nishat Power Limited

Nishat Power Limited is the third Independent Power Producer (IPP), which was incorporated as a public limited company in 2007 under the Power Policy 2002, after Attock and Atlas. This IPP is a subsidiary of Nishat Mills Limited of Nishat Group. Nishat Gr

Published 24 Jun, 2014 12:00am

Faisalabad yarn and fibre prices

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Monday (June 23, 2014).

Published 24 Jun, 2014 12:00am

60,000 litres of petrol seized

60,000 litres of petrol seized

Frontier Corps on Monday seized some 60,000 litres of illegal Iranian petrol in Quetta. "Two tankers each carrying 3,000 litre of Iranian petrol was being smuggled to Quetta from Panjgur, a bordering district of Balochistan," Frontier Corps spokesman Khan

Published 24 Jun, 2014 12:00am

Punjab Livestock Breeding Act 2014: stakeholders call for early implementation

Punjab Livestock Breeding Act 2014: stakeholders call for early implementation

Stakeholders from public and private sectors at a consultative meeting at the University of Veterinary and Animal Sciences (UVAS) Lahore called for early implementation of Punjab Livestock Breeding Act 2014 here on Monday.

Published 24 Jun, 2014 12:00am

KFC organises 'Mitao Bhook' launch ceremony

KFC organises 'Mitao Bhook' launch ceremony

An evening of fun, festivity and giving back to the community: that's what KFC Pakistan's latest initiative "Mitao Bhook" celebrated recently at SOS Children's Village. This CSR campaign hopes to help remove hunger from the lives of less privileged people

Published 24 Jun, 2014 12:00am

Foreign investment net inflows surge to $3.712 billion in 11 months

Foreign investment net inflows surge to $3.712 billion in 11 months

Net inflows of foreign investment surged to $3.712 billion dollars during first eleven months of the current fiscal year 2013-14. However, there was dire need to mobilise foreign investment in critical sectors including oil and gas exploration, power prod

Published 24 Jun, 2014 12:00am

Tawana Pakistan project, Faysal Bank loan: NAB approves filing of references against ex-officials

Tawana Pakistan project, Faysal Bank loan: NAB approves filing of references against ex-officials

The Executive Board Meeting (EBM) of National Accountability Bureau (NAB) was held here on Monday, which was presided over by Chairman NAB Qamar Zaman Chaudhry.

Published 24 Jun, 2014 12:00am

Rickshaw driver shot dead

Rickshaw driver shot dead

An accused gunned down a rickshaw driver for overcharging here on Monday. A woman was also injured due the firing. Police have arrested the accused. Police said that accused Abdul Jabbar travelled to village Kot Shaukat Sultan from Okara town. When the ri

Published 24 Jun, 2014 12:00am

Government asked to expedite work on power projects

Government asked to expedite work on power projects

Government should expedite work on the energy projects, as the power shortage was badly hampering industrial production in the country. In a statement on Sunday, Multan Chamber of Commerce and Industry (MCCI) President Khawaja Muhammad Usman said that ene

Published 24 Jun, 2014 12:00am

Speakers for strengthening agriculture extension system through ICT

Speakers for strengthening agriculture extension system through ICT

Speakers at an international workshop on Monday called for strengthening agricultural extension system through Information and Communication Technologies (ICT), resulting in increasing productivity and reducing poverty. The international workshop on "ICT

Published 24 Jun, 2014 12:00am

Agriculture tube wells: KBP for uninterrupted power supply

Agriculture tube wells: KBP for uninterrupted power supply

Kisan Board Pakistan (KBP) has urged the government to supply uninterrupted power supply to the agricultural tube wells to save the agricultural sector. Kisan Board Pakistan (KBP) Central Punjab President Noor Ellahi Tutla made this demand after a meeting

Published 24 Jun, 2014 12:00am

Workshop

Workshop

Punjab University's Institute of Chemical Engineering and Technology, College of Engineering, Emerging Technologies and ORIC will organise a two-day workshop on training on "Introduction to Quality Management System Principles, ISO 9001: 2008 and its Requ

Published 24 Jun, 2014 12:00am

Pakistan fails to represent at IOTC session

Pakistan fails to represent at IOTC session

Absence of Pakistan government's delegate at the 18th Session of the Indian Ocean Tuna Commission (IOTC) which was held at Sri Lanka in the first week of June has increased chances of declining fish industry in Pakistan. According to sources, 247 delegate

Published 24 Jun, 2014 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 13	281.73
USD PKR Interbank Buying / May 13	281.53
USD to Japanese Yen / May 13	147.90
USD to Swiss Franc / May 13	0.84
Pound Sterling to USD / May 13	1.32
Euro to USD / May 13	1.11
UK LIBOR % / May 12	4.96

Stock	Volume
S&P 500 / May 12	5,844.19
Nasdaq / May 12	18,708.34
Dow Jones / May 12	42,410.10
India Sensex / May 13	81,726.97
Tokyo Nikkei / May 13	38,305.85
Hang Seng / May 13	23,188.20
FTSE 100 / May 13	8,606.55
Germany DAX 30 / May 13	23,595.02
France CAC40 / May 13	7,859.80

Item	Value
Karachi Cotton PKR/37.32 KG / May 12	16,985
Gold 10 Grams PKR / May 12	291,923
Petrol/Litre / May 13	252.63
Crude Oil USD/Barrel / May 13	61.90
Gold Spot USD/Ounce / May 13	3,253.26
Diesel/Litre / May 13	256.64
Cotton US¢/pound / May 13	66.85

Gainers
Losers
Leaders

Stock	Price
Grays Leasing / May 13 Grays Leasing Limited(GRYL)	4.51 ▲ 0.72 (19%)
TPL Trakker Ltd / May 13 TPL Trakker Limited(TPLT)	6.59 ▲ 1 (17.89%)
Al-Shaheer Corp / May 13 Al Shaheer Corporation Limited(ASC)	6.88 ▲ 1 (17.01%)
B. F. Mod. / May 13 B.F. Modaraba(BFMOD)	8.34 ▲ 1 (13.62%)
Burj Clean Energy Modaraba / May 13 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.11 ▲ 1 (12.33%)
Mahanna Islamic Index / May 13 Mahanna Islamic Index Traded Fund(MIIETF)	15.47 ▲ 1.65 (11.94%)
Haseeb Waqas / May 13 Haseeb Waqas Sugar Mills Limited(HWQS)	9.59 ▲ 1 (11.64%)
Gulshan Sp. / May 13 Gulshan Spinning Mills Limited(GSPM)	3.40 ▲ 0.35 (11.48%)
Ghazi Fabrics / May 13 Ghazi Fabrics International Limited(GFIL)	10.17 ▲ 1 (10.91%)
PIA Holding Co.Ltd / May 13 PIA Holding Company Limited(PIAHCLA)	14.80 ▲ 1.35 (10.04%)

Stock	Price
Power Cem(Pref) / May 13 Power Cement (Pref)(POWERPS)	15.35 ▼ -1.71 (-10.02%)
Bilal Fibres / May 13 Bilal Fibres Limited(BILF)	19.59 ▼ -2.18 (-10.01%)
TPL Life Insur. / May 13 TPL Life Insurance Limited(TPLL)	46.80 ▼ -5.2 (-10%)
Din Tex. / May 13 Din Textile Mills Limited(DINT)	45 ▼ -4.99 (-9.98%)
Mughal Energy / May 13 Mughal Energy Limited(GEM)(GEMMEL)	19.90 ▼ -2.12 (-9.63%)
Suhail Jute / May 13 Suhail Jute Mills Limited(SUHJ)	78.36 ▼ -8.24 (-9.52%)
First Punjab Modaraba / May 13 First Punjab Modaraba(FPJM)	2.77 ▼ -0.28 (-9.18%)
Parmount Sp. / May 13 Paramount Spinning Mills Limited(PASM)	3.36 ▼ -0.31 (-8.45%)
First AL-Noor Mod. / May 13 First Al-Noor Modaraba(FANM)	2.95 ▼ -0.25 (-7.81%)
First IBL Mod. / May 13 First IBL Modaraba(FIBLM)	3 ▼ -0.24 (-7.41%)

Stock	Volume
WorldCall Telecom / May 13 Worldcall Telecom Limited(WTL)	41,734,903 ▼ -0.06
Maple Leaf Cement / May 13 Maple Leaf Cement Factory Limited(MLCF)	41,052,877 ▲ 6.27
Sui South Gas / May 13 Sui Southern Gas Company Limited(SSGC)	35,773,773 ▲ 2.33
Oil & Gas Dev. / May 13 Oil & Gas Development Company Limited(OGDC)	30,912,153 ▲ 15.65
B.O.Punjab / May 13 The Bank of Punjab(BOP)	24,175,098 ▼ -0.16
Cnergyico PK / May 13 Cnergyico PK Limited(CNERGY)	24,174,880 ▼ -0.09
K-Electric Ltd. / May 13 K-Electric Limited(KEL)	23,803,446 ▼ -0.22
At-Tahur Ltd. / May 13 At-Tahur Limited(PREMA)	21,754,749 ▼ -3.25
Fauji Cement / May 13 Fauji Cement Company Limited(FCCL)	20,681,855 ▲ 1.82
D.G.K.Cement / May 13 D.G. Khan Cement Company Limited(DGKC)	19,785,523 ▲ 10.35

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Gold price per tola falls massive Rs10,400 in Pakistan

Gold price per tola falls massive Rs10,400 in Pakistan

Housing finance schemes: Pakistan govt ready to offer 100% guarantees to banks

Housing finance schemes: Pakistan govt ready to offer 100% guarantees to banks

Buying rally continues at bourse, KSE-100 settles with nearly 1,300-point gain

Buying rally continues at bourse, KSE-100 settles with nearly 1,300-point gain

Pakistan’s $60bn export target: Ministers told to craft business plans

Pakistan’s $60bn export target: Ministers told to craft business plans

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Rupee settles lower against US dollar

Rupee settles lower against US dollar

Pakistan govt’s debt stock soars to Rs73.6trn by March-end

Pakistan govt’s debt stock soars to Rs73.6trn by March-end

Pakistan govt working on options to increase FED

Pakistan govt working on options to increase FED

Illusion of remittance-driven growth

Illusion of remittance-driven growth

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