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Print - 2014-08-13
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (August 12, 2014).

Published 13 Aug, 2014 12:00am
Two blasts destroy rail track near Hyderabad

Two blasts destroy rail track near Hyderabad

Two blasts destroyed several feet of railway track here on early Tuesday, police said. SP Hyder Raza said that the blasts took place on the railway track near Rahuki, suspending traffic on both up and down tracks. He said that police had reached the spot
Published 13 Aug, 2014 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 13 Aug, 2014 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 13 Aug, 2014 12:00am
Cotton futures resume downward slide after bearish USDA report

Cotton futures resume downward slide after bearish USDA report

Cotton futures dropped the most in 1-1/2 weeks after a US government monthly supply-demand report reaffirmed bearish expectations. The benchmark December cotton contract on ICE Futures US dropped 1.03 cents, or 1.6 percent, to settle at 63.37 cents a lb.
Published 13 Aug, 2014 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (August 12, 2014).

Published 13 Aug, 2014 12:00am
Shanghai copper drops

Shanghai copper drops

The most-traded October copper contract on the Shanghai Futures Exchange slid 0.8 percent to 49,470 yuan ($8,036) a tonne and a three-week low on Tuesday as concerns over geopolitical tensions in Iraq and Ukraine clouded the outlook for demand amid thin s
Published 13 Aug, 2014 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Tuesday (August 12, 2014) and for Wednesday (August 13, 2014).
Published 13 Aug, 2014 12:00am
PAC fails to take up agenda due to AGP''s absence

PAC fails to take up agenda due to AGP''s absence

The Public Accounts Committee (PAC) on Tuesday could not take up its scheduled agenda due to the refusal of Auditor General of Pakistan (AGP) Buland Akhtar Rana and his staff to attend the committee meeting. Chairing the PAC, Khursheed Shah informed the c
Published 13 Aug, 2014 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (August 12, 2014).

Published 13 Aug, 2014 12:00am
PAC fails to take up agenda due to AGP's absence

PAC fails to take up agenda due to AGP's absence

The Public Accounts Committee (PAC) on Tuesday could not take up its scheduled agenda due to the refusal of Auditor General of Pakistan (AGP) Buland Akhtar Rana and his staff to attend the committee meeting. Chairing the PAC, Khursheed Shah informed the c
Published 13 Aug, 2014 12:00am
PAC fails to take up agenda due to AGP's absence

PAC fails to take up agenda due to AGP's absence

The Public Accounts Committee (PAC) on Tuesday could not take up its scheduled agenda due to the refusal of Auditor General of Pakistan (AGP) Buland Akhtar Rana and his staff to attend the committee meeting. Chairing the PAC, Khursheed Shah informed the c
Published 13 Aug, 2014 12:00am
Iraqi oil bottlenecks bigger obstacle than unrest: IEA

Iraqi oil bottlenecks bigger obstacle than unrest: IEA

Fighting in Iraq threatens Baghdad''''s oil exports less than structural bottlenecks, but an Islamic offensive near the north oil hub of Kirkuk is "worrisome", the IEA said on Tuesday. "The situation on the ground is highly fluid and infrastructure bottle
Published 13 Aug, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (August 12, 2014).

Published 13 Aug, 2014 12:00am
Iraqi oil bottlenecks bigger obstacle than unrest: IEA

Iraqi oil bottlenecks bigger obstacle than unrest: IEA

Fighting in Iraq threatens Baghdad''s oil exports less than structural bottlenecks, but an Islamic offensive near the north oil hub of Kirkuk is "worrisome", the IEA said on Tuesday. "The situation on the ground is highly fluid and infrastructure bottlene
Published 13 Aug, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (August 12, 2014).

Published 13 Aug, 2014 12:00am
Iraqi oil bottlenecks bigger obstacle than unrest: IEA

Iraqi oil bottlenecks bigger obstacle than unrest: IEA

Fighting in Iraq threatens Baghdad's oil exports less than structural bottlenecks, but an Islamic offensive near the north oil hub of Kirkuk is "worrisome", the IEA said on Tuesday. "The situation on the ground is highly fluid and infrastructure bottlenec
Published 13 Aug, 2014 12:00am
Iraqi oil bottlenecks bigger obstacle than unrest: IEA

Iraqi oil bottlenecks bigger obstacle than unrest: IEA

Fighting in Iraq threatens Baghdad's oil exports less than structural bottlenecks, but an Islamic offensive near the north oil hub of Kirkuk is "worrisome", the IEA said on Tuesday. "The situation on the ground is highly fluid and infrastructure bottlenec
Published 13 Aug, 2014 12:00am
SHO gunned down in Karachi

SHO gunned down in Karachi

Unknown gunmen shot dead Station House Officer (SHO) Ghazanfar Kazmi of Preedy Police Station in Garden Police Station area here on Monday night, a private TV channel reported. According official sources, SHO Ghazanfar Kazmi was heading towards his reside
Published 13 Aug, 2014 12:00am
THE RUPEE: mixed patterns

THE RUPEE: mixed patterns

Divergent trends were seen on the currency market on Tuesday as the rupee played both sides in terms of the dollar in the process of activity, dealers said. The rupee managed to recover some ground versus the dollar for buying and selling at Rs 99.30 and
Published 13 Aug, 2014 12:00am
SHO gunned down in Karachi

SHO gunned down in Karachi

Unknown gunmen shot dead Station House Officer (SHO) Ghazanfar Kazmi of Preedy Police Station in Garden Police Station area here on Monday night, a private TV channel reported. According official sources, SHO Ghazanfar Kazmi was heading towards his reside
Published 13 Aug, 2014 12:00am
THE RUPEE: mixed patterns

THE RUPEE: mixed patterns

Divergent trends were seen on the currency market on Tuesday as the rupee played both sides in terms of the dollar in the process of activity, dealers said. The rupee managed to recover some ground versus the dollar for buying and selling at Rs 99.30 and
Published 13 Aug, 2014 12:00am
Robin Williams hanged by belt in apparent suicide

Robin Williams hanged by belt in apparent suicide

Comedy legend Robin Williams was found dead in the bedroom of his home near San Francisco with a belt around his neck and slight wounds to his wrist, police said Tuesday. With an investigation still underway, the Marin County Sheriff's Office said suicide
Published 13 Aug, 2014 12:00am
Robin Williams hanged by belt in apparent suicide

Robin Williams hanged by belt in apparent suicide

Comedy legend Robin Williams was found dead in the bedroom of his home near San Francisco with a belt around his neck and slight wounds to his wrist, police said Tuesday. With an investigation still underway, the Marin County Sheriff's Office said suicide
Published 13 Aug, 2014 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (August 12, 2014).

Published 13 Aug, 2014 12:00am
JCP proposes elevation of Justice Isa

JCP proposes elevation of Justice Isa

The Judicial Commission of Pakistan (JCP) on Tuesday proposed the elevation of Balochistan High Court (BHC) Chief Justice Qazi Faiz Isa as judge of the Supreme Court and nominated Justice Ghulam Mustafa Mengal as the new BHC Chief Justice. The sources tol
Published 13 Aug, 2014 12:00am
JCP proposes elevation of Justice Isa

JCP proposes elevation of Justice Isa

The Judicial Commission of Pakistan (JCP) on Tuesday proposed the elevation of Balochistan High Court (BHC) Chief Justice Qazi Faiz Isa as judge of the Supreme Court and nominated Justice Ghulam Mustafa Mengal as the new BHC Chief Justice. The sources tol
Published 13 Aug, 2014 12:00am
Appointment of AG Punjab suspended

Appointment of AG Punjab suspended

The Lahore High Court on Tuesday suspended the appointment of Accountant General Punjab Javed Jehangir and allowed petitioner Imran Iqbal to continue functioning as AGP. Earlier, the petitioner argued that the auditor general transferred him and appointed
Published 13 Aug, 2014 12:00am
Appointment of AG Punjab suspended

Appointment of AG Punjab suspended

The Lahore High Court on Tuesday suspended the appointment of Accountant General Punjab Javed Jehangir and allowed petitioner Imran Iqbal to continue functioning as AGP. Earlier, the petitioner argued that the auditor general transferred him and appointed
Published 13 Aug, 2014 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 13 Aug, 2014 12:00am
Imran spurns gesture, asks Prime Minister to step down for fair probe

Imran spurns gesture, asks Prime Minister to step down for fair probe

Pakistan Tehreek-e-Insaf Chairman Imran Khan has rejected Prime Minister Nawaz Sharif's offer of constitution of a three-member commission of Supreme Court judges and said that it will only be accepted after the resignation of the PM. Addressing a press c
Published 13 Aug, 2014 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 13 Aug, 2014 12:00am
Imran spurns gesture, asks Prime Minister to step down for fair probe

Imran spurns gesture, asks Prime Minister to step down for fair probe

Pakistan Tehreek-e-Insaf Chairman Imran Khan has rejected Prime Minister Nawaz Sharif's offer of constitution of a three-member commission of Supreme Court judges and said that it will only be accepted after the resignation of the PM. Addressing a press c
Published 13 Aug, 2014 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 13 Aug, 2014 12:00am
National Assembly vows to protect, preserve supremacy of constitution

National Assembly vows to protect, preserve supremacy of constitution

The National Assembly Tuesday unanimously passed a resolution to express its resolve that it will continue to play its role towards strengthening of democratic institutions and vowed to protect and preserve the supremacy of Constitution and the Parliament
Published 13 Aug, 2014 12:00am
National Assembly vows to protect, preserve supremacy of constitution

National Assembly vows to protect, preserve supremacy of constitution

The National Assembly Tuesday unanimously passed a resolution to express its resolve that it will continue to play its role towards strengthening of democratic institutions and vowed to protect and preserve the supremacy of Constitution and the Parliament
Published 13 Aug, 2014 12:00am
Imran urged to adopt path of dialogue

Imran urged to adopt path of dialogue

Political leaders have called upon Pakistan Tehrik-e-Insaf (PTI) Chief Imran Khan to adopt path of dialogue rather than holding any march. Senior PML-N leader Khawaja Saad Rafique told reporters here on Tuesday that he was ready to resign from his Nationa
Published 13 Aug, 2014 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 13 Aug, 2014 12:00am
Saad urges Imran to resign, contest election

Saad urges Imran to resign, contest election

Federal Minister Railways Khawaja Saad Rafique has challenged PTI chief Imran Khan to resign and contest election to assess the feelings of the masses. "People voted political parties not for chaos but for prosperity and peace. Khan should assure the gove
Published 13 Aug, 2014 12:00am
Nisar steps up measures to thwart protest march

Nisar steps up measures to thwart protest march

The Interior Minister Chaudhry Nisar Ali Khan on Tuesday said that peace would be maintained on August 14 at all cost. "The government would respect all kinds of political activities and protest demonstrations within the constitutional ambit but no one wo
Published 13 Aug, 2014 12:00am
'Slaam Pakistan': President praises performance of government

'Slaam Pakistan': President praises performance of government

President Mamnoon Hussain has said "we got considerable success in strengthening democracy and bringing stability in the country. The democratic government is making all-out efforts for the welfare of the people." The President said this while addressing
Published 13 Aug, 2014 12:00am
BRIndex30 up by 193.33 points

BRIndex30 up by 193.33 points

On Tuesday, BRIndex30 opened at 15,306.36 points. It touched an intraday high of 15,553.54 points and an intraday low of 14,945.05 points and closed at 15,499.69 points, which was 193.33 points or 1.26 percent higher than previous close. Total volume was
Published 13 Aug, 2014 12:00am
BRIndex30 up by 193.33 points

BRIndex30 up by 193.33 points

On Tuesday, BRIndex30 opened at 15,306.36 points. It touched an intraday high of 15,553.54 points and an intraday low of 14,945.05 points and closed at 15,499.69 points, which was 193.33 points or 1.26 percent higher than previous close. Total volume was
Published 13 Aug, 2014 12:00am
Stocks snap losing streak

Stocks snap losing streak

After a day of steep fall, the Karachi equity market Tuesday managed to recover some lost ground on the back of institutional support. The benchmark KSE-100 index gained 233 points to close at 28,304.50 points led by select scrips. During the intra-day tr
Published 13 Aug, 2014 12:00am
Stocks snap losing streak

Stocks snap losing streak

After a day of steep fall, the Karachi equity market Tuesday managed to recover some lost ground on the back of institutional support. The benchmark KSE-100 index gained 233 points to close at 28,304.50 points led by select scrips. During the intra-day tr
Published 13 Aug, 2014 12:00am
Stocks snap losing streak

Stocks snap losing streak

After a day of steep fall, the Karachi equity market Tuesday managed to recover some lost ground on the back of institutional support. The benchmark KSE-100 index gained 233 points to close at 28,304.50 points led by select scrips. During the intra-day tr
Published 13 Aug, 2014 12:00am
Truce holds as Cairo talks turn to Gaza blockade

Truce holds as Cairo talks turn to Gaza blockade

Negotiators in Cairo addressed the thorny issue of the Israeli Gaza blockade on Tuesday night, as the second day of a 72-hour truce neared its end. As Gaza's residents ventured out to try to piece together their battered lives, Israeli and Palestinian neg
Published 13 Aug, 2014 12:00am
Truce holds as Cairo talks turn to Gaza blockade

Truce holds as Cairo talks turn to Gaza blockade

Negotiators in Cairo addressed the thorny issue of the Israeli Gaza blockade on Tuesday night, as the second day of a 72-hour truce neared its end. As Gaza's residents ventured out to try to piece together their battered lives, Israeli and Palestinian neg
Published 13 Aug, 2014 12:00am
Saudi Arabia tells Israel only peace deal can ensure its survival

Saudi Arabia tells Israel only peace deal can ensure its survival

Saudi Arabia told Israel on Tuesday that it must reach a peace agreement with the Palestinians if it is to survive as a nation, and criticised Muslims for being divided and failing to stop the Jewish state attacking its Arab neighbours. "Israel has to rea
Published 13 Aug, 2014 12:00am
Saudi Arabia tells Israel only peace deal can ensure its survival

Saudi Arabia tells Israel only peace deal can ensure its survival

Saudi Arabia told Israel on Tuesday that it must reach a peace agreement with the Palestinians if it is to survive as a nation, and criticised Muslims for being divided and failing to stop the Jewish state attacking its Arab neighbours. "Israel has to rea
Published 13 Aug, 2014 12:00am
Fuel adjustment: K-Electric allowed to raise tariff

Fuel adjustment: K-Electric allowed to raise tariff

National Electric Power Regulatory Authority (Nepra) has allowed K-Electric to increase power tariff by Rs 1.94 per unit, under fuel adjustment mechanism across the board, except lifeline consumers. The determined raise in power tariff will be charged in
Published 13 Aug, 2014 12:00am
Fuel adjustment: K-Electric allowed to raise tariff

Fuel adjustment: K-Electric allowed to raise tariff

National Electric Power Regulatory Authority (Nepra) has allowed K-Electric to increase power tariff by Rs 1.94 per unit, under fuel adjustment mechanism across the board, except lifeline consumers. The determined raise in power tariff will be charged in
Published 13 Aug, 2014 12:00am
Fuel adjustment: K-Electric allowed to raise tariff

Fuel adjustment: K-Electric allowed to raise tariff

National Electric Power Regulatory Authority (Nepra) has allowed K-Electric to increase power tariff by Rs 1.94 per unit, under fuel adjustment mechanism across the board, except lifeline consumers. The determined raise in power tariff will be charged in
Published 13 Aug, 2014 12:00am
Modi accuses Pakistan of waging proxy war

Modi accuses Pakistan of waging proxy war

Indian Prime Minister Narendra Modi accused Pakistan on Tuesday of waging "proxy war" by sending militants to attack India and he used a trip to the occupied Kashmir to stress that reconciliation between the neighbours needs peace. Making his second visit
Published 13 Aug, 2014 12:00am
Modi accuses Pakistan of waging proxy war

Modi accuses Pakistan of waging proxy war

Indian Prime Minister Narendra Modi accused Pakistan on Tuesday of waging "proxy war" by sending militants to attack India and he used a trip to the occupied Kashmir to stress that reconciliation between the neighbours needs peace. Making his second visit
Published 13 Aug, 2014 12:00am
Insurance industry: Circular 15 ceases to have effect: SECP

Insurance industry: Circular 15 ceases to have effect: SECP

The Securities and Exchange Commission of Pakistan (SECP) has declared that the SECP''s Circular No 15 of 2010 (Related Party Assets) issued for the insurance industry has ceased to have effect after the expiry of 12 months from its issuance.
Published 13 Aug, 2014 12:00am
Insurance industry: Circular 15 ceases to have effect: SECP

Insurance industry: Circular 15 ceases to have effect: SECP

The Securities and Exchange Commission of Pakistan (SECP) has declared that the SECP's Circular No 15 of 2010 (Related Party Assets) issued for the insurance industry has ceased to have effect after the expiry of 12 months from its issuance.
Published 13 Aug, 2014 12:00am
Insurance industry: Circular 15 ceases to have effect: SECP

Insurance industry: Circular 15 ceases to have effect: SECP

The Securities and Exchange Commission of Pakistan (SECP) has declared that the SECP's Circular No 15 of 2010 (Related Party Assets) issued for the insurance industry has ceased to have effect after the expiry of 12 months from its issuance.
Published 13 Aug, 2014 12:00am
US vows support to PML-N government

US vows support to PML-N government

The United States has assured an all-out support to the democratic government of Prime Minister Nawaz Sharif to continue amid political turmoil. "The United States is firmly committed to supporting the continuation of democratic government of Prime Minist
Published 13 Aug, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (August 12, 2014).

Published 13 Aug, 2014 12:00am
US vows support to PML-N government

US vows support to PML-N government

The United States has assured an all-out support to the democratic government of Prime Minister Nawaz Sharif to continue amid political turmoil. "The United States is firmly committed to supporting the continuation of democratic government of Prime Minist
Published 13 Aug, 2014 12:00am