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Print - 2014-08-16
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (August 15, 2014).

Published 16 Aug, 2014 12:00am
New-crop soya rises; corn tops one-week high

New-crop soya rises; corn tops one-week high

New-crop US soyabean futures rebounded on Thursday from a contract low set earlier in the session, while corn topped a one-week high in a recovery from recent losses and wheat futures ended a five-day slide. Traders took profits on previously sold, or sho
Published 16 Aug, 2014 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Friday (August 15, 2014) and for Saturday (August 16, 2014).
Published 16 Aug, 2014 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (August 15, 2014)

Published 16 Aug, 2014 12:00am
Gold touch higher in New York

Gold touch higher in New York

Gold prices were a touch higher on Thursday in thin trading, but gains were limited by US jobless claims data which showed continued recovery in the labour market and conciliatory comments from Russian President Vladimir Putin about Ukraine. "These data r
Published 16 Aug, 2014 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Friday (August 15, 2014).

Published 16 Aug, 2014 12:00am
Gold up in Asia

Gold up in Asia

Gold traded firmly above $1,300 an ounce on Friday and looked poised for a second-straight weekly gain as sluggish global economic data and geopolitical tensions boosted the metal's safe-haven appeal. Spot gold edged up 0.1 percent to $1,314 an ounce by 0
Published 16 Aug, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (August 15, 2014).

Published 16 Aug, 2014 12:00am
Gold drops in Europe

Gold drops in Europe

Gold prices dropped 1.4 percent on Friday as European stock markets headed for their biggest weekly gain since mid-February on expectations for more central bank stimulus to lift the euro zone economy. Conciliatory comments by Russian President Vladimir P
Published 16 Aug, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (August 15, 2014).

Published 16 Aug, 2014 12:00am
US MIDDAY: corn extends gains

US MIDDAY: corn extends gains

US new-crop corn futures rose on Friday and looked poised to record the biggest weekly gain in four months as a lower-than-expected official crop forecast supported prices. Soybean futures slipped, while wheat advanced. Corn was poised to record a weekly
Published 16 Aug, 2014 12:00am
US MIDDAY: gold pares losses

US MIDDAY: gold pares losses

Gold prices were slightly lower on Friday, paring losses on safe-haven buying as equity markets slid after Ukraine said its forces had engaged a Russian armoured column on Ukrainian soil. Investors bought bullion and US Treasuries after Ukraine said its f
Published 16 Aug, 2014 12:00am
Independence Day: Nawaz greets Modi

Independence Day: Nawaz greets Modi

Prime Minister Nawaz Sharif on Friday greeted his Indian counterpart Narendra Modi on India's 68th Independence Day. Modi had also congratulated Pakistan on its Independence Day on August 14th. PM Nawaz Sharif's message was released in a statement by the
Published 16 Aug, 2014 12:00am
THE RUPEE: bears persist

THE RUPEE: bears persist

Bears dominated the money market on Friday as the demand for dollars did not allow rupee to shed its losses versus the US currency in the process of trading, dealers said. An unforeseen uncertainty hovering these days due to persisting political instabili
Published 16 Aug, 2014 12:00am
Independence Day: Nawaz greets Modi

Independence Day: Nawaz greets Modi

Prime Minister Nawaz Sharif on Friday greeted his Indian counterpart Narendra Modi on India's 68th Independence Day. Modi had also congratulated Pakistan on its Independence Day on August 14th. PM Nawaz Sharif's message was released in a statement by the
Published 16 Aug, 2014 12:00am
THE RUPEE: bears persist

THE RUPEE: bears persist

Bears dominated the money market on Friday as the demand for dollars did not allow rupee to shed its losses versus the US currency in the process of trading, dealers said. An unforeseen uncertainty hovering these days due to persisting political instabili
Published 16 Aug, 2014 12:00am
Trade deficit down by 16.58 percent in July

Trade deficit down by 16.58 percent in July

Pakistan''s trade deficit narrowed down by 16.58 percent in July 2014 as compared to July 2013, reveals provisional trade figures released by Pakistan Bureau of Statistics (PBS) on Friday. The PBS data showed that trade deficit declined to $1,434 million
Published 16 Aug, 2014 12:00am
Trade deficit down by 16.58 percent in July

Trade deficit down by 16.58 percent in July

Pakistan's trade deficit narrowed down by 16.58 percent in July 2014 as compared to July 2013, reveals provisional trade figures released by Pakistan Bureau of Statistics (PBS) on Friday. The PBS data showed that trade deficit declined to $1,434 million i
Published 16 Aug, 2014 12:00am
Trade deficit down by 16.58 percent in July

Trade deficit down by 16.58 percent in July

Pakistan's trade deficit narrowed down by 16.58 percent in July 2014 as compared to July 2013, reveals provisional trade figures released by Pakistan Bureau of Statistics (PBS) on Friday. The PBS data showed that trade deficit declined to $1,434 million i
Published 16 Aug, 2014 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (August 15, 2014).

Published 16 Aug, 2014 12:00am
FTO restrained from using contempt of court power

FTO restrained from using contempt of court power

the Lahore High Court here on Friday restrained Federal Tax Ombudsman (FTO) from invoking contempt of court powers. The court was hearing a petition moved by a bar member, Akram. He contended that federal tax ombudsman was using contempt of court powers u
Published 16 Aug, 2014 12:00am
FTO restrained from using contempt of court power

FTO restrained from using contempt of court power

the Lahore High Court here on Friday restrained Federal Tax Ombudsman (FTO) from invoking contempt of court powers. The court was hearing a petition moved by a bar member, Akram. He contended that federal tax ombudsman was using contempt of court powers u
Published 16 Aug, 2014 12:00am
FTO restrained from using contempt of court power

FTO restrained from using contempt of court power

the Lahore High Court here on Friday restrained Federal Tax Ombudsman (FTO) from invoking contempt of court powers. The court was hearing a petition moved by a bar member, Akram. He contended that federal tax ombudsman was using contempt of court powers u
Published 16 Aug, 2014 12:00am
Argentina to make loan payments to World Bank

Argentina to make loan payments to World Bank

Argentina announced Friday it will make more than $3 billion in payments on loans due this year to international financial institutions, including the World Bank and the Inter-American Development Bank. The move comes even as the government stands in tech
Published 16 Aug, 2014 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 16 Aug, 2014 12:00am
Argentina to make loan payments to World Bank

Argentina to make loan payments to World Bank

Argentina announced Friday it will make more than $3 billion in payments on loans due this year to international financial institutions, including the World Bank and the Inter-American Development Bank. The move comes even as the government stands in tech
Published 16 Aug, 2014 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 16 Aug, 2014 12:00am
Argentina to make loan payments to World Bank

Argentina to make loan payments to World Bank

Argentina announced Friday it will make more than $3 billion in payments on loans due this year to international financial institutions, including the World Bank and the Inter-American Development Bank. The move comes even as the government stands in tech
Published 16 Aug, 2014 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 16 Aug, 2014 12:00am
EU ministers agree on arming Iraq Kurds

EU ministers agree on arming Iraq Kurds

EU ministers agreed at an emergency meeting on Friday to back the arming of overwhelmed Iraqi Kurd fighters in the face of an onslaught by Islamic State jihadists. Ministers were gathered in Brussels in a rare summertime meeting facing calls to act to sto
Published 16 Aug, 2014 12:00am
EU ministers agree on arming Iraq Kurds

EU ministers agree on arming Iraq Kurds

EU ministers agreed at an emergency meeting on Friday to back the arming of overwhelmed Iraqi Kurd fighters in the face of an onslaught by Islamic State jihadists. Ministers were gathered in Brussels in a rare summertime meeting facing calls to act to sto
Published 16 Aug, 2014 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 16 Aug, 2014 12:00am
GST on oil cake: Phutti prices fall by Rs 700 per maund

GST on oil cake: Phutti prices fall by Rs 700 per maund

Phutti prices posted a decline of Rs 700 per maund during the current crop season due to imposition of General Sales Tax (GST) on oil cake. Presently, phutti is being traded at Rs 2,400 to Rs 2,600 per maund in the domestic market compared to Rs 3,200 to
Published 16 Aug, 2014 12:00am
GST on oil cake: Phutti prices fall by Rs 700 per maund

GST on oil cake: Phutti prices fall by Rs 700 per maund

Phutti prices posted a decline of Rs 700 per maund during the current crop season due to imposition of General Sales Tax (GST) on oil cake. Presently, phutti is being traded at Rs 2,400 to Rs 2,600 per maund in the domestic market compared to Rs 3,200 to
Published 16 Aug, 2014 12:00am
GST on oil cake: Phutti prices fall by Rs 700 per maund

GST on oil cake: Phutti prices fall by Rs 700 per maund

Phutti prices posted a decline of Rs 700 per maund during the current crop season due to imposition of General Sales Tax (GST) on oil cake. Presently, phutti is being traded at Rs 2,400 to Rs 2,600 per maund in the domestic market compared to Rs 3,200 to
Published 16 Aug, 2014 12:00am
Panama Canal celebrates 100 years

Panama Canal celebrates 100 years

Panama celebrated the 100th anniversary of its famous canal Friday with a ceremony and gala, even as it scrambled to make up lost time by enlarging it to maintain its competitiveness in the 21st century. The canal, an engineering masterwork that transform
Published 16 Aug, 2014 12:00am
Panama Canal celebrates 100 years

Panama Canal celebrates 100 years

Panama celebrated the 100th anniversary of its famous canal Friday with a ceremony and gala, even as it scrambled to make up lost time by enlarging it to maintain its competitiveness in the 21st century. The canal, an engineering masterwork that transform
Published 16 Aug, 2014 12:00am
Panama Canal celebrates 100 years

Panama Canal celebrates 100 years

Panama celebrated the 100th anniversary of its famous canal Friday with a ceremony and gala, even as it scrambled to make up lost time by enlarging it to maintain its competitiveness in the 21st century. The canal, an engineering masterwork that transform
Published 16 Aug, 2014 12:00am
Imran's 'long march' hits a deadlock: Aitzaz

Imran's 'long march' hits a deadlock: Aitzaz

Opposition leader in the Senate and the PPP stalwart Senator Aitzaz Ahsan has said that Imran Khan's long march has hit a deadlock and it can have positive ending if all stakeholders stay within their constitutional limits. According to him, success of th
Published 16 Aug, 2014 12:00am
Imran's 'long march' hits a deadlock: Aitzaz

Imran's 'long march' hits a deadlock: Aitzaz

Opposition leader in the Senate and the PPP stalwart Senator Aitzaz Ahsan has said that Imran Khan's long march has hit a deadlock and it can have positive ending if all stakeholders stay within their constitutional limits. According to him, success of th
Published 16 Aug, 2014 12:00am
Army kills 11 militants in airbases attack

Army kills 11 militants in airbases attack

Soldiers killed 11 gunmen who took part in attacks on two airbases here on Thursday night, the military said Friday. The militants tried to storm the Khalid and Samungli air bases in Quetta, the army said in a statement. "Five terrorists were killed outsi
Published 16 Aug, 2014 12:00am
Army kills 11 militants in airbases attack

Army kills 11 militants in airbases attack

Soldiers killed 11 gunmen who took part in attacks on two airbases here on Thursday night, the military said Friday. The militants tried to storm the Khalid and Samungli air bases in Quetta, the army said in a statement. "Five terrorists were killed outsi
Published 16 Aug, 2014 12:00am
Thousands burst into capital excitedly

Thousands burst into capital excitedly

Thousands of charged workers of Pakistan Tehreek-e-Insaf (PTI) and Pakistan Awami Tehreek (PAT) stormed into federal capital on Friday from various parts of the country ahead of arrival of their main convoys which had left Lahore for the federal capital o
Published 16 Aug, 2014 12:00am
Legal notice sent to Prime Minister

Legal notice sent to Prime Minister

A legal notice has been sent to Prime Minister Nawaz Sharif for failing to stop Pakistan Tehreek-e-Insaf (PTI) and Pakistan Awami Tehreek (PAT), from taking out protest marches in "violation of Lahore High Court full bench order." A legal notice sent by L
Published 16 Aug, 2014 12:00am
Pomi Butt accused of leading attack

Pomi Butt accused of leading attack

Pakistan Tehreek-e-Insaf (PTI) secretary general Jahangir Tareen Friday alleged that Pakistan Muslim League-Nawaz (PML-N) member provincial Pomi Butt was the central character in an attack on Azadi March's convoy in Gujranwala. Speaking at a press confere
Published 16 Aug, 2014 12:00am
Pomi Butt accused of leading attack

Pomi Butt accused of leading attack

Pakistan Tehreek-e-Insaf (PTI) secretary general Jahangir Tareen Friday alleged that Pakistan Muslim League-Nawaz (PML-N) member provincial Pomi Butt was the central character in an attack on Azadi March's convoy in Gujranwala. Speaking at a press confere
Published 16 Aug, 2014 12:00am
PTI workers attacked at Gujranwala

PTI workers attacked at Gujranwala

Clashes broke out Friday as protesters led in convoys by cricketer-turned-politician Imran Khan and Dr Tahirul Qadri advanced on Islamabad to try to topple the government they say was elected by fraud. Khan and Qadri say the May 2013 general election that
Published 16 Aug, 2014 12:00am
PTI workers attacked at Gujranwala

PTI workers attacked at Gujranwala

Clashes broke out Friday as protesters led in convoys by cricketer-turned-politician Imran Khan and Dr Tahirul Qadri advanced on Islamabad to try to topple the government they say was elected by fraud. Khan and Qadri say the May 2013 general election that
Published 16 Aug, 2014 12:00am
BRIndex30 up by 234.91 points

BRIndex30 up by 234.91 points

On Friday, BRIndex30 opened at 15,564.29 points and remained positive throughout the trading session. It touched an intraday high of 15,839 points and an intraday low of 15,564.29 points and closed at 15,799.20 points which was 234.91 points or 1.51 perce
Published 16 Aug, 2014 12:00am
BRIndex30 up by 234.91 points

BRIndex30 up by 234.91 points

On Friday, BRIndex30 opened at 15,564.29 points and remained positive throughout the trading session. It touched an intraday high of 15,839 points and an intraday low of 15,564.29 points and closed at 15,799.20 points which was 234.91 points or 1.51 perce
Published 16 Aug, 2014 12:00am
Spectacular rally

Spectacular rally

Shrugging off political uncertainty in the country, the Karachi share market Friday staged a spectacular rally supported by institutional buying in bluechips. The benchmark KSE-100 index gained 412.20 points to close at 28,917.75 points up from 28,505.55
Published 16 Aug, 2014 12:00am
Spectacular rally

Spectacular rally

Shrugging off political uncertainty in the country, the Karachi share market Friday staged a spectacular rally supported by institutional buying in bluechips. The benchmark KSE-100 index gained 412.20 points to close at 28,917.75 points up from 28,505.55
Published 16 Aug, 2014 12:00am
Spectacular rally

Spectacular rally

Shrugging off political uncertainty in the country, the Karachi share market Friday staged a spectacular rally supported by institutional buying in bluechips. The benchmark KSE-100 index gained 412.20 points to close at 28,917.75 points up from 28,505.55
Published 16 Aug, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (August 15, 2014).

Published 16 Aug, 2014 12:00am
LNG deal: Indian team expected in a week

LNG deal: Indian team expected in a week

A high-level Indian delegation is expected to visit Pakistan within a week to finalise a deal on sale of 200 mmcfd of Liquefied Natural Gas (LNG) to Pakistan, officials said. According to Petroleum Ministry sources, all modalities other than price of the
Published 16 Aug, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (August 15, 2014).

Published 16 Aug, 2014 12:00am
LNG deal: Indian team expected in a week

LNG deal: Indian team expected in a week

A high-level Indian delegation is expected to visit Pakistan within a week to finalise a deal on sale of 200 mmcfd of Liquefied Natural Gas (LNG) to Pakistan, officials said. According to Petroleum Ministry sources, all modalities other than price of the
Published 16 Aug, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (August 15, 2014).

Published 16 Aug, 2014 12:00am
LNG deal: Indian team expected in a week

LNG deal: Indian team expected in a week

A high-level Indian delegation is expected to visit Pakistan within a week to finalise a deal on sale of 200 mmcfd of Liquefied Natural Gas (LNG) to Pakistan, officials said. According to Petroleum Ministry sources, all modalities other than price of the
Published 16 Aug, 2014 12:00am
Indian Prime Minister axes Soviet-style economic planning body

Indian Prime Minister axes Soviet-style economic planning body

India''s new right-wing premier Narendra Modi announced Friday an end to Soviet-style economic planning in an Independence Day speech as he pressed ahead with overhauling cumbersome government policymaking. Modi said he was scrapping the Planning Commissi
Published 16 Aug, 2014 12:00am
Indian Prime Minister axes Soviet-style economic planning body

Indian Prime Minister axes Soviet-style economic planning body

India's new right-wing premier Narendra Modi announced Friday an end to Soviet-style economic planning in an Independence Day speech as he pressed ahead with overhauling cumbersome government policymaking. Modi said he was scrapping the Planning Commissio
Published 16 Aug, 2014 12:00am