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Print - 2014-07-29
Altaf's bail extended till December

Altaf's bail extended till December

Metropolitan Police on Monday extended Muttahida Qaumi Movement Chief Altaf Hussain's bail in the ongoing money laundering investigation, a private TV channel reported. According to this channel, Altaf was to appear before the Metropolitan Police on July
Published 29 Jul, 2014 12:00am
No loadshedding in Karachi for a week: KE

No loadshedding in Karachi for a week: KE

The K-Electric (KE) announced on Monday that no loadshedding for the whole week in the provincial capital of Sindh, Karachi, on the occasion of Eid-ul-Fitr. According to the KE spokesperson, from the Chand Raat the company will supply 24/7 electricity for
Published 29 Jul, 2014 12:00am
No loadshedding in Karachi for a week: KE

No loadshedding in Karachi for a week: KE

The K-Electric (KE) announced on Monday that no loadshedding for the whole week in the provincial capital of Sindh, Karachi, on the occasion of Eid-ul-Fitr. According to the KE spokesperson, from the Chand Raat the company will supply 24/7 electricity for
Published 29 Jul, 2014 12:00am
No loadshedding in Karachi for a week: KE

No loadshedding in Karachi for a week: KE

The K-Electric (KE) announced on Monday that no loadshedding for the whole week in the provincial capital of Sindh, Karachi, on the occasion of Eid-ul-Fitr. According to the KE spokesperson, from the Chand Raat the company will supply 24/7 electricity for
Published 29 Jul, 2014 12:00am
Blast in Khuzdar hurts seven

Blast in Khuzdar hurts seven

At least seven people were reported injured on Monday in an explosion in Khuzdar area. Security forces reached the site of the blast and cordoned off the area where rescue operations were immediately launched. Khuzdar is considered one of the most sensiti
Published 29 Jul, 2014 12:00am
Blast in Khuzdar hurts seven

Blast in Khuzdar hurts seven

At least seven people were reported injured on Monday in an explosion in Khuzdar area. Security forces reached the site of the blast and cordoned off the area where rescue operations were immediately launched. Khuzdar is considered one of the most sensiti
Published 29 Jul, 2014 12:00am
Prime Minister offers Eid prayers at Masjid-e-Nabvi

Prime Minister offers Eid prayers at Masjid-e-Nabvi

Prime Minister Nawaz Sharif offered Eid prayers at Masjid-e-Nabvi on Monday. He also offered Nawafil at Masjid-e-Nabvi and prayed for peace, prosperity and progress of Pakistan. The PM is in Saudi Arabia since July 20. He came here to perform Umrah along
Published 29 Jul, 2014 12:00am
Prime Minister offers Eid prayers at Masjid-e-Nabvi

Prime Minister offers Eid prayers at Masjid-e-Nabvi

Prime Minister Nawaz Sharif offered Eid prayers at Masjid-e-Nabvi on Monday. He also offered Nawafil at Masjid-e-Nabvi and prayed for peace, prosperity and progress of Pakistan. The PM is in Saudi Arabia since July 20. He came here to perform Umrah along
Published 29 Jul, 2014 12:00am
LSE index sheds 3.68 points

LSE index sheds 3.68 points

Equities on Monday moved both ways on the Lahore Stock Exchange and finally ended in negative zone amid decreased trading turnover because of the investors' cautious approach ahead of long break on account of Eid-ul-Fitr. The LSE-28 index lost 3.68 points
Published 29 Jul, 2014 12:00am
LSE index sheds 3.68 points

LSE index sheds 3.68 points

Equities on Monday moved both ways on the Lahore Stock Exchange and finally ended in negative zone amid decreased trading turnover because of the investors' cautious approach ahead of long break on account of Eid-ul-Fitr. The LSE-28 index lost 3.68 points
Published 29 Jul, 2014 12:00am
The Weather

The Weather

The weather report on Monday (July 28, 2014) and the forecast for Tuesday (July 29, 2014).

Published 29 Jul, 2014 12:00am
ISE index down by 32.17 points

ISE index down by 32.17 points

Bears retuned in the driving seat at the Islamabad Stock Exchange (ISE) on Monday, where losers outclassed gainers amid decrease in index. ISE Ten Index showed a decrease of 32.17 points as the ISE Ten Index moved from 4,800.33 to 4,768.16 points. The ove
Published 29 Jul, 2014 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 29 Jul, 2014 12:00am
ISE index down by 32.17 points

ISE index down by 32.17 points

Bears retuned in the driving seat at the Islamabad Stock Exchange (ISE) on Monday, where losers outclassed gainers amid decrease in index. ISE Ten Index showed a decrease of 32.17 points as the ISE Ten Index moved from 4,800.33 to 4,768.16 points. The ove
Published 29 Jul, 2014 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 29 Jul, 2014 12:00am
Jhimpir, Gharo clusters: ECNEC approves WPPs worth Rs 11.27 billion

Jhimpir, Gharo clusters: ECNEC approves WPPs worth Rs 11.27 billion

The Executive Committee of National Economic Council (ECNEC) has approved Rs 11.277 billion Wind Power Plants (WPPs) at Jhimpir & Gharo clusters. Source said it is anticipated that around 1,756 MW power from Wind Power Plants (WPPs) at Jhimpir & Gharo clu
Published 29 Jul, 2014 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (July 28, 2014).

Published 29 Jul, 2014 12:00am
Jhimpir, Gharo clusters: ECNEC approves WPPs worth Rs 11.27 billion

Jhimpir, Gharo clusters: ECNEC approves WPPs worth Rs 11.27 billion

The Executive Committee of National Economic Council (ECNEC) has approved Rs 11.277 billion Wind Power Plants (WPPs) at Jhimpir & Gharo clusters. Source said it is anticipated that around 1,756 MW power from Wind Power Plants (WPPs) at Jhimpir & Gharo clu
Published 29 Jul, 2014 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Monday (July 28, 2014) and for Tuesday (July 29, 2014).
Published 29 Jul, 2014 12:00am
Jhimpir, Gharo clusters: ECNEC approves WPPs worth Rs 11.27 billion

Jhimpir, Gharo clusters: ECNEC approves WPPs worth Rs 11.27 billion

The Executive Committee of National Economic Council (ECNEC) has approved Rs 11.277 billion Wind Power Plants (WPPs) at Jhimpir & Gharo clusters. Source said it is anticipated that around 1,756 MW power from Wind Power Plants (WPPs) at Jhimpir & Gharo clu
Published 29 Jul, 2014 12:00am
Liaquat Ali's son passes away

Liaquat Ali's son passes away

Ashraf Ali Khan, a son of Pakistan's first prime minister Liaquat Ali Khan, passed away on Monday. Ashraf Ali Khan, 77, a cancer patient, had been in a private hospital for the last five days, where he died. He leaves behind wife, a daughter and two sons.
Published 29 Jul, 2014 12:00am
Liaquat Ali's son passes away

Liaquat Ali's son passes away

Ashraf Ali Khan, a son of Pakistan's first prime minister Liaquat Ali Khan, passed away on Monday. Ashraf Ali Khan, 77, a cancer patient, had been in a private hospital for the last five days, where he died. He leaves behind wife, a daughter and two sons.
Published 29 Jul, 2014 12:00am
Lloyds bank fined £218 million over Libor rigging
Libor

Lloyds bank fined £218 million over Libor rigging

Britain''s Lloyds Banking Group said Monday it will pay £218 million in fines to British and US regulators, becoming the latest global lender to be fined for rigging interbank lending rates. The punishment, worth $370 million or 276 million euros, is the
Published 29 Jul, 2014 12:00am
Lloyds bank fined £218 million over Libor rigging
Libor

Lloyds bank fined £218 million over Libor rigging

Britain's Lloyds Banking Group said Monday it will pay £218 million in fines to British and US regulators, becoming the latest global lender to be fined for rigging interbank lending rates. The punishment, worth $370 million or 276 million euros, is the l
Published 29 Jul, 2014 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (July 28, 2014).

Published 29 Jul, 2014 12:00am
Lloyds bank fined £218 million over Libor rigging
Libor

Lloyds bank fined £218 million over Libor rigging

Britain's Lloyds Banking Group said Monday it will pay £218 million in fines to British and US regulators, becoming the latest global lender to be fined for rigging interbank lending rates. The punishment, worth $370 million or 276 million euros, is the l
Published 29 Jul, 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 (July 28, 2014).

Published 29 Jul, 2014 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (July 28, 2014).

Published 29 Jul, 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 (July 28, 2014).

Published 29 Jul, 2014 12:00am
BRIndex30 sheds 43.25 points

BRIndex30 sheds 43.25 points

On Monday, BRIndex30 opened at 16,777.96 and remained negative throughout the trading session. It touched an intraday high of 16,758.28 and an intraday low of 16,575.83 and closed at 16,734.71, which was -43.25 points or -0.26 percent lower than previous
Published 29 Jul, 2014 12:00am
BRIndex30 sheds 43.25 points

BRIndex30 sheds 43.25 points

On Monday, BRIndex30 opened at 16,777.96 and remained negative throughout the trading session. It touched an intraday high of 16,758.28 and an intraday low of 16,575.83 and closed at 16,734.71, which was -43.25 points or -0.26 percent lower than previous
Published 29 Jul, 2014 12:00am
Index plunges by 160 points

Index plunges by 160 points

The Karachi share market witnessed a negative trend weighed mainly by geopolitical uncertainty and week-long Eid holidays. The benchmark KSE-100 index shed 160.68 points to close at 30,314.07 points. Ahsan Mehanti, an analyst at Arif Habib Corporation, sa
Published 29 Jul, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (July 28, 2014).

Published 29 Jul, 2014 12:00am
Index plunges by 160 points

Index plunges by 160 points

The Karachi share market witnessed a negative trend weighed mainly by geopolitical uncertainty and week-long Eid holidays. The benchmark KSE-100 index shed 160.68 points to close at 30,314.07 points. Ahsan Mehanti, an analyst at Arif Habib Corporation, sa
Published 29 Jul, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (July 28, 2014).

Published 29 Jul, 2014 12:00am
Index plunges by 160 points

Index plunges by 160 points

The Karachi share market witnessed a negative trend weighed mainly by geopolitical uncertainty and week-long Eid holidays. The benchmark KSE-100 index shed 160.68 points to close at 30,314.07 points. Ahsan Mehanti, an analyst at Arif Habib Corporation, sa
Published 29 Jul, 2014 12:00am
Russia hit by $50 billion Yukos ruling amid sanctions squeeze

Russia hit by $50 billion Yukos ruling amid sanctions squeeze

An international court ordered Russia on Monday to pay Yukos shareholders record $50 billion compensation over its seizure of the defunct oil giant, a new blow for Moscow on top of sanctions over the Ukraine crisis. Russia swiftly vowed to contest the rul
Published 29 Jul, 2014 12:00am
Russia hit by $50 billion Yukos ruling amid sanctions squeeze

Russia hit by $50 billion Yukos ruling amid sanctions squeeze

An international court ordered Russia on Monday to pay Yukos shareholders record $50 billion compensation over its seizure of the defunct oil giant, a new blow for Moscow on top of sanctions over the Ukraine crisis. Russia swiftly vowed to contest the rul
Published 29 Jul, 2014 12:00am
THE RUPEE: modest fall

THE RUPEE: modest fall

In the interbank market, the rupee surrendered its gains against the dollar, while, the national currency managed to hold week-end levels in terms of the greenback, dealers said on Monday. The rupee dropped by 13 paisa versus the dollar for buying at Rs 9
Published 29 Jul, 2014 12:00am
Russia hit by $50 billion Yukos ruling amid sanctions squeeze

Russia hit by $50 billion Yukos ruling amid sanctions squeeze

An international court ordered Russia on Monday to pay Yukos shareholders record $50 billion compensation over its seizure of the defunct oil giant, a new blow for Moscow on top of sanctions over the Ukraine crisis. Russia swiftly vowed to contest the rul
Published 29 Jul, 2014 12:00am
THE RUPEE: modest fall

THE RUPEE: modest fall

In the interbank market, the rupee surrendered its gains against the dollar, while, the national currency managed to hold week-end levels in terms of the greenback, dealers said on Monday. The rupee dropped by 13 paisa versus the dollar for buying at Rs 9
Published 29 Jul, 2014 12:00am
Libya oil depot fire rages, raising fears of major disaster

Libya oil depot fire rages, raising fears of major disaster

A huge fire at an oil depot on the outskirts of Tripoli was out of control Monday, sparking fears of a fireball that could cause carnage over a wide area. The fire, raging since Sunday night, spread to a second fuel storage site in what the government cal
Published 29 Jul, 2014 12:00am
Libya oil depot fire rages, raising fears of major disaster

Libya oil depot fire rages, raising fears of major disaster

A huge fire at an oil depot on the outskirts of Tripoli was out of control Monday, sparking fears of a fireball that could cause carnage over a wide area. The fire, raging since Sunday night, spread to a second fuel storage site in what the government cal
Published 29 Jul, 2014 12:00am
Provinces too can deploy troops: Interior ministry's advisory

Provinces too can deploy troops: Interior ministry's advisory

Provinces can always summon military troops under Article 245 of the constitution to meet an emergency situation and for maintenance of law and order, the interior ministry said in a letter on Monday. Federal Ministry of Interior in an advisory to the pro
Published 29 Jul, 2014 12:00am
Provinces too can deploy troops: Interior ministry's advisory

Provinces too can deploy troops: Interior ministry's advisory

Provinces can always summon military troops under Article 245 of the constitution to meet an emergency situation and for maintenance of law and order, the interior ministry said in a letter on Monday. Federal Ministry of Interior in an advisory to the pro
Published 29 Jul, 2014 12:00am
Government decision challenged in IHC

Government decision challenged in IHC

The Islamabad High Court (IHC) on Monday directed the federal government to submit a detailed report to the court by August 06 on the invocation of Article 245 in Islamabad. The government decision to invoke Article 245 in federal capital was challenged b
Published 29 Jul, 2014 12:00am
Government decision challenged in IHC

Government decision challenged in IHC

The Islamabad High Court (IHC) on Monday directed the federal government to submit a detailed report to the court by August 06 on the invocation of Article 245 in Islamabad. The government decision to invoke Article 245 in federal capital was challenged b
Published 29 Jul, 2014 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 29 Jul, 2014 12:00am
Imran wants army to maintain neutrality

Imran wants army to maintain neutrality

Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan on Monday said that he would file a murder case against Prime Minister Nawaz Sharif if violence was employed against his party workers during his party's August 14 rally. Talking to media persons, Imran urge
Published 29 Jul, 2014 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 29 Jul, 2014 12:00am
Imran wants army to maintain neutrality

Imran wants army to maintain neutrality

Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan on Monday said that he would file a murder case against Prime Minister Nawaz Sharif if violence was employed against his party workers during his party's August 14 rally. Talking to media persons, Imran urge
Published 29 Jul, 2014 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 29 Jul, 2014 12:00am
POL prices to remain unchanged

POL prices to remain unchanged

The government did not pass on the impact of international petrol price increase to the local consumers by providing a subsidy of Rs 1.36 billion to maintain the oil prices at the existing level during the month of August. The government has approved a re
Published 29 Jul, 2014 12:00am
POL prices to remain unchanged

POL prices to remain unchanged

The government did not pass on the impact of international petrol price increase to the local consumers by providing a subsidy of Rs 1.36 billion to maintain the oil prices at the existing level during the month of August. The government has approved a re
Published 29 Jul, 2014 12:00am
POL prices to remain unchanged

POL prices to remain unchanged

The government did not pass on the impact of international petrol price increase to the local consumers by providing a subsidy of Rs 1.36 billion to maintain the oil prices at the existing level during the month of August. The government has approved a re
Published 29 Jul, 2014 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 29 Jul, 2014 12:00am
Holiday Notice

Holiday Notice

The offices of Business Recorder will remain closed today, (Tuesday, July 29) & tomorrow (Wednesday, July 30) on account of Eidul Fitr. There will, therefore, be no issue of the newspaper and Internet Edition on Wednesday and Thursday (July 30 & 31
Published 29 Jul, 2014 12:00am
Holiday Notice

Holiday Notice

The offices of Business Recorder will remain closed today, (Tuesday, July 29) & tomorrow (Wednesday, July 30) on account of Eidul Fitr. There will, therefore, be no issue of the newspaper and Internet Edition on Wednesday and Thursday (July 30 & 31
Published 29 Jul, 2014 12:00am
Eidul Fitr today

Eidul Fitr today

Shawwal (1435 Hijri) moon has been sighted, therefore Eidul Fitr will be celebrated today (Tuesday) in the country. This was announced by the Chairman Central Ruet-e-Hilal Committee Mufti Muneeb-ur-Rehman, here on Monday evening. The central Ruet-e-Hilal
Published 29 Jul, 2014 12:00am
Eidul Fitr today

Eidul Fitr today

Shawwal (1435 Hijri) moon has been sighted, therefore Eidul Fitr will be celebrated today (Tuesday) in the country. This was announced by the Chairman Central Ruet-e-Hilal Committee Mufti Muneeb-ur-Rehman, here on Monday evening. The central Ruet-e-Hilal
Published 29 Jul, 2014 12:00am
Children killed in Gaza camp as world pleads for truce

Children killed in Gaza camp as world pleads for truce

Exchanges of fire killed eight Palestinian children in a Gaza refugee camp and four people in Israel on Monday, shattering hopes for an end to three weeks of devastating violence. The missile that slammed into a public playground in the seafront Shati UN
Published 29 Jul, 2014 12:00am
Children killed in Gaza camp as world pleads for truce

Children killed in Gaza camp as world pleads for truce

Exchanges of fire killed eight Palestinian children in a Gaza refugee camp and four people in Israel on Monday, shattering hopes for an end to three weeks of devastating violence. The missile that slammed into a public playground in the seafront Shati UN
Published 29 Jul, 2014 12:00am
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