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Print - 2014-09-04
Deadlock persists but negotiators optimistic

Deadlock persists but negotiators optimistic

The second round of talks of government-nominated team with PTI and PAT negotiators failed to break deadlock. Sources told Business Recorder that negotiators headed by PPP trouble-shooter Senator Rehman Malik had to return empty handed as some fier
Published 04 Sep, 2014 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (September 03, 2014).

Published 04 Sep, 2014 12:00am
Deadlock persists but negotiators optimistic

Deadlock persists but negotiators optimistic

The second round of talks of government-nominated team with PTI and PAT negotiators failed to break deadlock. Sources told Business Recorder that negotiators headed by PPP trouble-shooter Senator Rehman Malik had to return empty handed as some fier
Published 04 Sep, 2014 12:00am
WEF improves Pakistan''s competitiveness ranking

WEF improves Pakistan''s competitiveness ranking

Pakistan has been ranked at 129 out of the 144 economies around the world in the World Economic Forum''s (WEF) Global Competitiveness Report (GCR) 2014 - 2015, released on September 3 (Wednesday) 2014 in Geneva. "Securing 129th rank among 144 Economies ar
Published 04 Sep, 2014 12:00am
WEF improves Pakistan's competitiveness ranking

WEF improves Pakistan's competitiveness ranking

Pakistan has been ranked at 129 out of the 144 economies around the world in the World Economic Forum's (WEF) Global Competitiveness Report (GCR) 2014 - 2015, released on September 3 (Wednesday) 2014 in Geneva. "Securing 129th rank among 144 Economies aro
Published 04 Sep, 2014 12:00am
WEF improves Pakistan's competitiveness ranking

WEF improves Pakistan's competitiveness ranking

Pakistan has been ranked at 129 out of the 144 economies around the world in the World Economic Forum's (WEF) Global Competitiveness Report (GCR) 2014 - 2015, released on September 3 (Wednesday) 2014 in Geneva. "Securing 129th rank among 144 Economies aro
Published 04 Sep, 2014 12:00am
Policy framework for unutilised gas: Ministry to seek ECC approval

Policy framework for unutilised gas: Ministry to seek ECC approval

Ministry of Petroleum and Natural Resources is to seek approval of a policy framework for utilisation of unutilised gas from the Economic Co-ordination Committee (ECC) of the Cabinet after the latter refused to clear a proposal for allocation of 50MMCFD g
Published 04 Sep, 2014 12:00am
Policy framework for unutilised gas: Ministry to seek ECC approval

Policy framework for unutilised gas: Ministry to seek ECC approval

Ministry of Petroleum and Natural Resources is to seek approval of a policy framework for utilisation of unutilised gas from the Economic Co-ordination Committee (ECC) of the Cabinet after the latter refused to clear a proposal for allocation of 50MMCFD g
Published 04 Sep, 2014 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 04 Sep, 2014 12:00am
Policy framework for unutilised gas: Ministry to seek ECC approval

Policy framework for unutilised gas: Ministry to seek ECC approval

Ministry of Petroleum and Natural Resources is to seek approval of a policy framework for utilisation of unutilised gas from the Economic Co-ordination Committee (ECC) of the Cabinet after the latter refused to clear a proposal for allocation of 50MMCFD g
Published 04 Sep, 2014 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 04 Sep, 2014 12:00am
910 terrorists killed since start of Zarb-e-Azb

910 terrorists killed since start of Zarb-e-Azb

Operation Zarb-e-Azb is progressing as per plan and since start of the operation 910 terrorists have been killed. According to ISPR statement, the 88-kilometer long Road, Khajuri-Mirali-Miranshah-Dattakhel and Road Ghariom-Jhallar have been cleared. So fa
Published 04 Sep, 2014 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 04 Sep, 2014 12:00am
910 terrorists killed since start of Zarb-e-Azb

910 terrorists killed since start of Zarb-e-Azb

Operation Zarb-e-Azb is progressing as per plan and since start of the operation 910 terrorists have been killed. According to ISPR statement, the 88-kilometer long Road, Khajuri-Mirali-Miranshah-Dattakhel and Road Ghariom-Jhallar have been cleared. So fa
Published 04 Sep, 2014 12:00am
BRIndex30 up 144.08 points

BRIndex30 up 144.08 points

On Wednesday, BRIndex30 opened at 16,126.93 points and remained positive throughout the trading session. It touched an intraday high of 16,339.28 points and an intraday low of 16,161.99 points and closed at 16,271.01 points, which was 144.08 points or 0.8
Published 04 Sep, 2014 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 04 Sep, 2014 12:00am
BRIndex30 up 144.08 points

BRIndex30 up 144.08 points

On Wednesday, BRIndex30 opened at 16,126.93 points and remained positive throughout the trading session. It touched an intraday high of 16,339.28 points and an intraday low of 16,161.99 points and closed at 16,271.01 points, which was 144.08 points or 0.8
Published 04 Sep, 2014 12:00am
Stocks consolidate gains

Stocks consolidate gains

The Karachi share market continued to post a positive trend amid hopes for political patch-up in Islamabad. The benchmark KSE-100 index gained another 335 points to close at 29,596 points Wednesday compared to 29,260 points Tuesday. Ahsan Mehanti, an anal
Published 04 Sep, 2014 12:00am
Stocks consolidate gains

Stocks consolidate gains

The Karachi share market continued to post a positive trend amid hopes for political patch-up in Islamabad. The benchmark KSE-100 index gained another 335 points to close at 29,596 points Wednesday compared to 29,260 points Tuesday. Ahsan Mehanti, an anal
Published 04 Sep, 2014 12:00am
Stocks consolidate gains

Stocks consolidate gains

The Karachi share market continued to post a positive trend amid hopes for political patch-up in Islamabad. The benchmark KSE-100 index gained another 335 points to close at 29,596 points Wednesday compared to 29,260 points Tuesday. Ahsan Mehanti, an anal
Published 04 Sep, 2014 12:00am
Zardari arrives in Islamabad, speaks to Prime Minister

Zardari arrives in Islamabad, speaks to Prime Minister

Pakistan People's Party (PPP) co-chairman, Asif Ali Zardari arrived here on Wednesday here from Karachi and contacted through phone with Prime Minister Nawaz Sharif, requesting him to find out ways and means to bring to an end the prevailing political dea
Published 04 Sep, 2014 12:00am
Zardari arrives in Islamabad, speaks to Prime Minister

Zardari arrives in Islamabad, speaks to Prime Minister

Pakistan People's Party (PPP) co-chairman, Asif Ali Zardari arrived here on Wednesday here from Karachi and contacted through phone with Prime Minister Nawaz Sharif, requesting him to find out ways and means to bring to an end the prevailing political dea
Published 04 Sep, 2014 12:00am
PPP won't countenance use of force: Zardari

PPP won't countenance use of force: Zardari

Pakistan People's Party (PPP) would not accept the use of force on participants of protests of Pakistan Tehreek-e-Insaf (PTI) and Pakistan Awami Tehreek (PAT) parliament at any cost. PPP parliamentary party meeting chaired by former President and Co-Chair
Published 04 Sep, 2014 12:00am
PPP won't countenance use of force: Zardari

PPP won't countenance use of force: Zardari

Pakistan People's Party (PPP) would not accept the use of force on participants of protests of Pakistan Tehreek-e-Insaf (PTI) and Pakistan Awami Tehreek (PAT) parliament at any cost. PPP parliamentary party meeting chaired by former President and Co-Chair
Published 04 Sep, 2014 12:00am
Government insists polls were quite fair

Government insists polls were quite fair

Federal government has urged the leadership of Pakistan Tehreek-e-Insaf (PTI) and Pakistan Awami Tehreek (PAT) to end their sit-ins forthwith and play a constructive role in national politics. Federal Minister for Planning and Development Ahsan Iqbal, whi
Published 04 Sep, 2014 12:00am
Government insists polls were quite fair

Government insists polls were quite fair

Federal government has urged the leadership of Pakistan Tehreek-e-Insaf (PTI) and Pakistan Awami Tehreek (PAT) to end their sit-ins forthwith and play a constructive role in national politics. Federal Minister for Planning and Development Ahsan Iqbal, whi
Published 04 Sep, 2014 12:00am
Qadri hits out at Khursheed's anti-PAT remarks

Qadri hits out at Khursheed's anti-PAT remarks

In a tit-for-tat response to opposition leader in National Assembly Syed Khursheed Shah for describing Pakistan Awami Tehreek (PAT) as an undemocratic entity, Dr Tahirul Qadri Wednesday warned PPP co-chairman to "rein him in a bit; otherwise things would
Published 04 Sep, 2014 12:00am
Qadri hits out at Khursheed's anti-PAT remarks

Qadri hits out at Khursheed's anti-PAT remarks

In a tit-for-tat response to opposition leader in National Assembly Syed Khursheed Shah for describing Pakistan Awami Tehreek (PAT) as an undemocratic entity, Dr Tahirul Qadri Wednesday warned PPP co-chairman to "rein him in a bit; otherwise things would
Published 04 Sep, 2014 12:00am
Supreme Court seeks suggestions for judicial way out

Supreme Court seeks suggestions for judicial way out

Hearing a plea against anti-government marchers, a five-member larger bench of Chief Justice Nasirul Mulk on Wednesday sought by Thursday (today) suggestions from all parliamentary parties for a judicial way out of the ongoing political impasse. The bench
Published 04 Sep, 2014 12:00am
Supreme Court seeks suggestions for judicial way out

Supreme Court seeks suggestions for judicial way out

Hearing a plea against anti-government marchers, a five-member larger bench of Chief Justice Nasirul Mulk on Wednesday sought by Thursday (today) suggestions from all parliamentary parties for a judicial way out of the ongoing political impasse. The bench
Published 04 Sep, 2014 12:00am
A step back from the brink

A step back from the brink

Pakistan Tahreek-e-Insaaf (PTI) vice chairman Shah Mehmood Qureshi categorically stated that his party "never was and never will be part of any grand plan to undermine democracy" as it believes in resolving prevailing political crisis through a dialogue.
Published 04 Sep, 2014 12:00am
A step back from the brink

A step back from the brink

Pakistan Tahreek-e-Insaaf (PTI) vice chairman Shah Mehmood Qureshi categorically stated that his party "never was and never will be part of any grand plan to undermine democracy" as it believes in resolving prevailing political crisis through a dialogue.
Published 04 Sep, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (September 03, 2014).

Published 04 Sep, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (September 03, 2014).

Published 04 Sep, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (September 03, 2014).

Published 04 Sep, 2014 12:00am
JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (September 03, 2014).

Published 04 Sep, 2014 12:00am
JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (September 03, 2014).

Published 04 Sep, 2014 12:00am
JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (September 03, 2014).

Published 04 Sep, 2014 12:00am
JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (September 03, 2014).

Published 04 Sep, 2014 12:00am
JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (September 03, 2014).

Published 04 Sep, 2014 12:00am
JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (September 03, 2014).

Published 04 Sep, 2014 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Wednesday (September 03, 2014).

Published 04 Sep, 2014 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (September 03, 2014).

Published 04 Sep, 2014 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (September 03, 2014).
Published 04 Sep, 2014 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Wednesday (September 03, 2014).

Published 04 Sep, 2014 12:00am
Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (September 03, 2014).

Published 04 Sep, 2014 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Wednesday (September 03, 2014).

Published 04 Sep, 2014 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Wednesday (September 03, 2014).

Published 04 Sep, 2014 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (September 03, 2014).

Published 04 Sep, 2014 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 04 Sep, 2014 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 04 Sep, 2014 12:00am
Karachi interbank rates

Karachi interbank rates

Karachi interbank rates on Wednesday (September 03, 2014).

Published 04 Sep, 2014 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 04 Sep, 2014 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 04 Sep, 2014 12:00am
Daily trading report of PMEX

Daily trading report of PMEX

On Wednesday at Pakistan Mercantile Exchange (PMEX) value traded was recorded at PKR 4.216 billion as compared to PKR 1.784 billion registered on Wednesday, up by 136.33 percent. The number of lots traded was 18,455 and PMEX Commodity Index closed at 2,96
Published 04 Sep, 2014 12:00am
Thailand cuts sugar quota for domestic consumption

Thailand cuts sugar quota for domestic consumption

Thailand, the world's second-biggest sugar exporter, has cut its 2013/14 sugar quota for domestic consumption by 100,000 tonnes, a senior official said, increasing the amount available for export despite a global surplus. The Office of Cane and Sugar Boar
Published 04 Sep, 2014 12:00am
Ukraine to buy one million tonnes of coal from South Africa

Ukraine to buy one million tonnes of coal from South Africa

Ukraine will buy one million tonnes of coal from South Africa because the military conflict in its Donbass region has disrupted domestic coal production, Prime Minister Arseny Yatseniuk said on Wednesday. Pro-Russian separatists are battling Kiev's forces
Published 04 Sep, 2014 12:00am
US FOB Gulf soyabean basis offers firm

US FOB Gulf soyabean basis offers firm

US FOB Gulf soyabean basis offers firmed late Tuesday as customers made fresh inquiries after the holiday weekend, looking to book sales before the Midwest harvest begins in the next three to four weeks, traders said. FOB corn was steady with inquires qui
Published 04 Sep, 2014 12:00am
Tanzania sees bumper coffee harvest in 2014-15

Tanzania sees bumper coffee harvest in 2014-15

Tanzania expects a bumper coffee harvest in 2014/15 thanks to good rain and plantings by farmers, the regulator Tanzania Coffee Board (TCB) said on Tuesday. State-run TCB said 25,693 60-kg bags were offered at the first auction of the season last week, wi
Published 04 Sep, 2014 12:00am
Indian oilseeds, soyaoil rise on festive demand

Indian oilseeds, soyaoil rise on festive demand

Indian oilseeds and soyaoil futures rose on Wednesday on good demand for edible oils in spot markets due to upcoming festivals and as gains in overseas markets buoyed sentiment. In the next few weeks, India will celebrate the festivals of Dussehra and Diw
Published 04 Sep, 2014 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 147,363 tonnes of cargo comprising 112,618 tonnes of import cargo and 34,745 tonnes of export cargo including 5,391 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday.
Published 04 Sep, 2014 12:00am
Oil cake market rates

Oil cake market rates

The December vaida was down and January delivery was inert on the forward cottonseeds oilcake market on Wednesday in the process of trading, dealers said. The December contract closed at Rs 1495.70 and it opened with 20 paisa fall at Rs 1495.50, they said
Published 04 Sep, 2014 12:00am
Cotton market: trade activity slackens on slow phutti arrivals

Cotton market: trade activity slackens on slow phutti arrivals

Trading activity slowed down on the cotton market on Wednesday amid slow phutti arrivals, dealers said. The official spot rate managed to hold overnight level at Rs 5,600, they added. In Sindh, prices of seed cotton were at Rs 2500 and Rs 2550 and in Punj
Published 04 Sep, 2014 12:00am
Thin trading on grain market

Thin trading on grain market

A little business was seen on the wholesale grain market on Wednesday as most of the participants were on the sidelines due to lack of interest, dealers said. On the rice sector, Irri-9 Sindh low type was unchanged at Rs 5000 while the best variety was hi
Published 04 Sep, 2014 12:00am
Verizon to pay $7.4 million for US privacy violations

Verizon to pay $7.4 million for US privacy violations

US telecom giant Verizon has agreed to pay a $7.4 million fine to settle a probe into its privacy practices, including accessing customer data for marketing purposes, officials said Wednesday.The Federal Communications Commission said Verizon failed to no
Published 04 Sep, 2014 12:00am
Fall in exports slows Australian growth

Fall in exports slows Australian growth

Australia's economy lost pace in the second quarter of 2014 after a sharp fall in exports saw growth expand by just 0.5 percent following a strong start to the year, data showed Wednesday. Annual growth was 3.1 percent, figures from the Australian Bureau
Published 04 Sep, 2014 12:00am
ECB tells governments to look to reforms, not bank help

ECB tells governments to look to reforms, not bank help

Financial market expectations that the European Central Bank will again charge to the eurozone's rescue were "one-sided" and governments should focus on structural reforms instead, a top ECB official said on Wednesday. "For me ... the most important instr
Published 04 Sep, 2014 12:00am