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FFL 15.07 Increased By ▲ 0.39 (2.66%)
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KOSM 5.34 Increased By ▲ 0.18 (3.49%)
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PIBTL 8.85 Increased By ▲ 0.28 (3.27%)
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PPL 173.25 Increased By ▲ 3.34 (1.97%)
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PTC 22.06 Increased By ▲ 2.01 (10.02%)
SEARL 84.13 Increased By ▲ 0.36 (0.43%)
SSGC 36.98 Increased By ▲ 0.91 (2.52%)
SYM 15.51 Increased By ▲ 0.61 (4.09%)
TELE 7.56 Increased By ▲ 0.35 (4.85%)
TPLP 8.56 Increased By ▲ 0.14 (1.66%)
TRG 65.19 Decreased By ▼ -1.01 (-1.53%)
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May 15, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2014-12-03
K-Electric's entity ratings upgraded

K-Electric's entity ratings upgraded

K-Electric in its press statement has said that the company's entity ratings have been upgraded from 'A+/A-2' (Single A Plus/A-Two) to 'AA/A-1' (Double A /A-One). According to the rating agency the ratings assigned to KE are underpinned by the strategic i
Published 03 Dec, 2014 12:00am
Rapid bus service in Peshawar: KP BoIT finalises feasibility

Rapid bus service in Peshawar: KP BoIT finalises feasibility

The Khyber Pakhtunkhwa Board of Investment and Trade (KP-BoIT) has finalised feasibility for launching rapid bus service in provincial metropolis. The feasibility was already prepared, to lay 25-km long track for Rapid Bus Service from Chamkani Peshawar t
Published 03 Dec, 2014 12:00am
Altaf demands probe into Bilawal's remarks

Altaf demands probe into Bilawal's remarks

MQM leader Altaf Hussain has strongly urged on government, heads of law-enforcing agencies, former president Asif Ali Zardari, former Interior Minister Rehman Malik, Chief Minister Sindh Syed Qaim Ali Shah and Governor Sindh Dr Ishratul Ebad to hold an in
Published 03 Dec, 2014 12:00am
Bilawal will give no explanations to MQM: Sharjeel

Bilawal will give no explanations to MQM: Sharjeel

Responding to Altaf Hussain's demand to hold inquiry into Bilawal Bhutto Zardari's "threatening statement", Sindh Information Minister Sharjeel Memon said that Pakistan People's Party would not give any clarification to the Muttahida Qaumi Movement. In a
Published 03 Dec, 2014 12:00am
THE RUPEE: sharp recovery

THE RUPEE: sharp recovery

The rupee managed to recover steeply against the dollar on the local currency market on Tuesday, dealers said. The rupee picked up 43-paisa versus the dollar for buying and selling at Rs 101.65 and Rs 101.68 respectively, they said.
Published 03 Dec, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (December 02, 2014).

Published 03 Dec, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (December 02, 2014).

Published 03 Dec, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (December 02, 2014).

Published 03 Dec, 2014 12:00am
French MPs vote in favour of recognising Palestine

French MPs vote in favour of recognising Palestine

French lawmakers voted Tuesday in favour of recognising Palestine as a state, sparking an immediate angry reaction from Israel which said such "unilateral measures" would harm efforts towards Middle East peace. Following hot on the heels of similar votes
Published 03 Dec, 2014 12:00am
French MPs vote in favour of recognising Palestine

French MPs vote in favour of recognising Palestine

French lawmakers voted Tuesday in favour of recognising Palestine as a state, sparking an immediate angry reaction from Israel which said such "unilateral measures" would harm efforts towards Middle East peace. Following hot on the heels of similar votes
Published 03 Dec, 2014 12:00am
Sukuk huge success story, claims Dar

Sukuk huge success story, claims Dar

Federal Minister for Finance Ishaq Dar has stated that the government received $2.3 billion offers for Sukuk but it accepted only $1 billion. He said Pakistan decided to accept offers of $1 billion for a 5-year tenor at a rate of 6.75 percent, which is 50
Published 03 Dec, 2014 12:00am
Sukuk huge success story, claims Dar

Sukuk huge success story, claims Dar

Federal Minister for Finance Ishaq Dar has stated that the government received $2.3 billion offers for Sukuk but it accepted only $1 billion. He said Pakistan decided to accept offers of $1 billion for a 5-year tenor at a rate of 6.75 percent, which is 50
Published 03 Dec, 2014 12:00am
Sukuk huge success story, claims Dar

Sukuk huge success story, claims Dar

Federal Minister for Finance Ishaq Dar has stated that the government received $2.3 billion offers for Sukuk but it accepted only $1 billion. He said Pakistan decided to accept offers of $1 billion for a 5-year tenor at a rate of 6.75 percent, which is 50
Published 03 Dec, 2014 12:00am
Sukuk huge success story, claims Dar

Sukuk huge success story, claims Dar

Federal Minister for Finance Ishaq Dar has stated that the government received $2.3 billion offers for Sukuk but it accepted only $1 billion. He said Pakistan decided to accept offers of $1 billion for a 5-year tenor at a rate of 6.75 percent, which is 50
Published 03 Dec, 2014 12:00am
There's reduction in public sector corruption: TI-P

There's reduction in public sector corruption: TI-P

Pakistan has improved its ranking in the Transparency International's Corruption Perception Index thereby indicating a reduction in public sector corruption, says a press release issued by TI Pakistan. According to a media release by the Berlin based body
Published 03 Dec, 2014 12:00am
There's reduction in public sector corruption: TI-P

There's reduction in public sector corruption: TI-P

Pakistan has improved its ranking in the Transparency International's Corruption Perception Index thereby indicating a reduction in public sector corruption, says a press release issued by TI Pakistan. According to a media release by the Berlin based body
Published 03 Dec, 2014 12:00am
There's reduction in public sector corruption: TI-P

There's reduction in public sector corruption: TI-P

Pakistan has improved its ranking in the Transparency International''s Corruption Perception Index thereby indicating a reduction in public sector corruption, says a press release issued by TI Pakistan. According to a media release by the Berlin based bod
Published 03 Dec, 2014 12:00am
KSE consolidates gains

KSE consolidates gains

A positive sentiment prevailed at the Karachi share market Tuesday and the benchmark KSE-100 index gained another 381 points on the second day in a row. With an increase of 1.22 percent, the index closed at 31,681 points compared to 31,300 points Monday.
Published 03 Dec, 2014 12:00am
KSE consolidates gains

KSE consolidates gains

A positive sentiment prevailed at the Karachi share market Tuesday and the benchmark KSE-100 index gained another 381 points on the second day in a row. With an increase of 1.22 percent, the index closed at 31,681 points compared to 31,300 points Monday.
Published 03 Dec, 2014 12:00am
KSE consolidates gains

KSE consolidates gains

A positive sentiment prevailed at the Karachi share market Tuesday and the benchmark KSE-100 index gained another 381 points on the second day in a row. With an increase of 1.22 percent, the index closed at 31,681 points compared to 31,300 points Monday.
Published 03 Dec, 2014 12:00am
BRIndex30 up 240.65 points

BRIndex30 up 240.65 points

On Tues-day, BRIndex30 opened at 17,255.27 points and remained positive throughout the trading session. It touched an intraday high of 17,523.24 points and an intraday low of 17,255.27 points and closed at 17,495.92 points which was 240.65 points or 1.39
Published 03 Dec, 2014 12:00am
BRIndex30 up 240.65 points

BRIndex30 up 240.65 points

On Tues-day, BRIndex30 opened at 17,255.27 points and remained positive throughout the trading session. It touched an intraday high of 17,523.24 points and an intraday low of 17,255.27 points and closed at 17,495.92 points which was 240.65 points or 1.39
Published 03 Dec, 2014 12:00am
Wapda key players: rules manipulated to benefit 'favourite' bidders

Wapda key players: rules manipulated to benefit 'favourite' bidders

Influential players in Water and Power Development Authority (Wapda) are manipulating rules to benefit bidders of their choice. Official documents available with Business Recorder reveal that Wapda has restricted qualification to only two bidders,
Published 03 Dec, 2014 12:00am
Wapda key players: rules manipulated to benefit 'favourite' bidders

Wapda key players: rules manipulated to benefit 'favourite' bidders

Influential players in Water and Power Development Authority (Wapda) are manipulating rules to benefit bidders of their choice. Official documents available with Business Recorder reveal that Wapda has restricted qualification to only two bidders,
Published 03 Dec, 2014 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 03 Dec, 2014 12:00am
Wapda key players: rules manipulated to benefit ''favourite'' bidders

Wapda key players: rules manipulated to benefit ''favourite'' bidders

Influential players in Water and Power Development Authority (Wapda) are manipulating rules to benefit bidders of their choice. Official documents available with Business Recorder reveal that Wapda has restricted qualification to only two bidders,
Published 03 Dec, 2014 12:00am
Prime Minister seeks to dismiss Imran's threat

Prime Minister seeks to dismiss Imran's threat

Prime Minister Nawaz Sharif on Tuesday said the Leader of Opposition in the National Assembly Khursheed Shah and he as leader of the house have achieved an ideal democratic rapport by holding consultations on vital issues, leaving behind the politics of t
Published 03 Dec, 2014 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 03 Dec, 2014 12:00am
Prime Minister seeks to dismiss Imran's threat

Prime Minister seeks to dismiss Imran's threat

Prime Minister Nawaz Sharif on Tuesday said the Leader of Opposition in the National Assembly Khursheed Shah and he as leader of the house have achieved an ideal democratic rapport by holding consultations on vital issues, leaving behind the politics of t
Published 03 Dec, 2014 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 03 Dec, 2014 12:00am
Zardari flays Imran for choosing December 16

Zardari flays Imran for choosing December 16

The Co-chairman of the Pakistan People's Party (PPP), Asif Ali Zardari, on Tuesday severely criticised for choosing a day for its countrywide protest that coincided with an anniversary of the Fall of Dacca. He expressed these views on the second day of th
Published 03 Dec, 2014 12:00am
Zardari flays Imran for choosing December 16

Zardari flays Imran for choosing December 16

The Co-chairman of the Pakistan People's Party (PPP), Asif Ali Zardari, on Tuesday severely criticised for choosing a day for its countrywide protest that coincided with an anniversary of the Fall of Dacca. He expressed these views on the second day of th
Published 03 Dec, 2014 12:00am
LSE index further improves by 146.16 points

LSE index further improves by 146.16 points

The Lahore Stock Exchange witnessed another bullish rally on Tuesday as equities extended further gains amid ascending transaction volume on account of buyers' interest. The LSE-25 index was further improved by 146.16 points to close at 5699.38 against 55
Published 03 Dec, 2014 12:00am
LSE index further improves by 146.16 points

LSE index further improves by 146.16 points

The Lahore Stock Exchange witnessed another bullish rally on Tuesday as equities extended further gains amid ascending transaction volume on account of buyers' interest. The LSE-25 index was further improved by 146.16 points to close at 5699.38 against 55
Published 03 Dec, 2014 12:00am
ISE index surges by 85.78 points

ISE index surges by 85.78 points

Bulls dominated the proceedings at the Islamabad Stock Exchange (ISE) on Tuesday, 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 85.78 points as the ISE Te
Published 03 Dec, 2014 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (December 02, 2014).

Published 03 Dec, 2014 12:00am
ISE index surges by 85.78 points

ISE index surges by 85.78 points

Bulls dominated the proceedings at the Islamabad Stock Exchange (ISE) on Tuesday, 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 85.78 points as the ISE Te
Published 03 Dec, 2014 12:00am
Kenya's security chiefs ousted after new Shebab massacre

Kenya's security chiefs ousted after new Shebab massacre

Kenya's interior minister and police chief were removed from their posts on Tuesday, hours after Somalia's Shebab rebels carried out a fresh massacre in the north-east of the country. In a televised address to the nation, President Uhuru Kenyatta also vow
Published 03 Dec, 2014 12:00am
Kenya's security chiefs ousted after new Shebab massacre

Kenya's security chiefs ousted after new Shebab massacre

Kenya's interior minister and police chief were removed from their posts on Tuesday, hours after Somalia's Shebab rebels carried out a fresh massacre in the north-east of the country. In a televised address to the nation, President Uhuru Kenyatta also vow
Published 03 Dec, 2014 12:00am
EAC tax policy input: MoF to review implementation status

EAC tax policy input: MoF to review implementation status

The Ministry of Finance would review implementation status of tax policy recommendations made by the Economic Advisory Council (EAC) to determine whether Federal Board of Revenue (FBR) has introduced the amendments to tax laws. Sources told Business Re
Published 03 Dec, 2014 12:00am
EAC tax policy input: MoF to review implementation status

EAC tax policy input: MoF to review implementation status

The Ministry of Finance would review implementation status of tax policy recommendations made by the Economic Advisory Council (EAC) to determine whether Federal Board of Revenue (FBR) has introduced the amendments to tax laws. Sources told Business Re
Published 03 Dec, 2014 12:00am
THE RUPEE: sharp recovery

THE RUPEE: sharp recovery

The rupee managed to recover steeply against the dollar on the local currency market on Tuesday, dealers said. The rupee picked up 43-paisa versus the dollar for buying and selling at Rs 101.65 and Rs 101.68 respectively, they said.
Published 03 Dec, 2014 12:00am
EAC tax policy input: MoF to review implementation status

EAC tax policy input: MoF to review implementation status

The Ministry of Finance would review implementation status of tax policy recommendations made by the Economic Advisory Council (EAC) to determine whether Federal Board of Revenue (FBR) has introduced the amendments to tax laws. Sources told Business Re
Published 03 Dec, 2014 12:00am
SHC seeks details of houbara bustard hunting licences

SHC seeks details of houbara bustard hunting licences

The Sindh High Court (SHC) on Tuesday summoned from the federal authorities the documents regarding licences issued to the Arab dignitaries for hunting the endangered houbara bustard in Pakistan. Headed by Justice Ahmed Ali M Shaikh, a division bench of t
Published 03 Dec, 2014 12:00am
LHC disposes of MPA's petition

LHC disposes of MPA's petition

The Lahore High Court here on Tuesday while dismissing a petition of MPA of Pakistan Tehreek-i-Insaf Nighat Intisar against a fine imposed on her by an Election Tribunal observed that the court could not interfere in the matters of Election Tribunals.
Published 03 Dec, 2014 12:00am
IESCO shutdown notice

IESCO shutdown notice

According to IESCO Spokesman, due to shifting of Electricity lines for Metro Bus Project Power supply of the following Feeders would remain suspended as under:-On 03 December 12:00noon to 02:00pm, Wasa, A-Block feeders. Moreover, due to electricity mainte
Published 03 Dec, 2014 12:00am
Consultative workshop on 'Science Talent Farming Scheme' held

Consultative workshop on 'Science Talent Farming Scheme' held

"The paradigms of growth and development have undergone change in the modern world where brain power has overtaken muscle power and science and technology have found a ubiquitous place in every sector. But the tragedy with Pakistan is that our planning ma
Published 03 Dec, 2014 12:00am
Dissolution of Peshawar Development Authority demanded

Dissolution of Peshawar Development Authority demanded

The Hayatabad Residents Society (HRS) Peshawar, demanded dissolution of Peshawar Development Authority (PDA) for its poor performance and rampant corruption by its officials. While addressing a news conference on Tuesday here at Peshawar press club, Nazar
Published 03 Dec, 2014 12:00am
Restoration of gas supply to ghee, oil mills urged

Restoration of gas supply to ghee, oil mills urged

Hundreds of workers of local ghee and oil mills on Tuesday organised a rally to press the authorities for restoration of gas of Ghee Mills and saving the jobs of thousands of workers. The rally began from the factory area and concluded at Multan Press. Pa
Published 03 Dec, 2014 12:00am
Name of CEC to be finalised by 5th: Dar

Name of CEC to be finalised by 5th: Dar

Finance Minister Ishaq Dar said the name of Chief Election Commissioner (CEC) will be finalised by December 5 as per directive of the Supreme Court. Speaking at a press conference on Tuesday, Ishaq Dar said that the name of CEC will be finalised between g
Published 03 Dec, 2014 12:00am
Traders reject Imran's shutdown call for December 15

Traders reject Imran's shutdown call for December 15

Traders community of Lahore on Tuesday has rejected the call of PTI Chairman Imran Khan to shut Lahore on December 15. Traders said that they will not be part of any move which will destabilise Pakistan as well as which will stop investment in our country
Published 03 Dec, 2014 12:00am
NetSol Technologies Limited

NetSol Technologies Limited

NetSol Technologies Limited (NetSol) is Pakistan's largest locally-based software development company. The Lahore-based firm provides a variety of information technology services and custom software offerings, with specialisation in technology outsourcing
Published 03 Dec, 2014 12:00am
NetSol Technologies Limited

NetSol Technologies Limited

NetSol Technologies Limited (NetSol) is Pakistan's largest locally-based software development company. The Lahore-based firm provides a variety of information technology services and custom software offerings, with specialisation in technology outsourcing
Published 03 Dec, 2014 12:00am
Dialogue failure to prove harmful to Prime Minister: Rashid

Dialogue failure to prove harmful to Prime Minister: Rashid

Awami Muslim League (AML) Chief Sheikh Rashid Ahmad on Tuesday said failure of dialogue between Pakistan Tehrik-e-Insaf (PTI) and government would prove to be ruinous to the Prime Minister. Judge Wameeq Javed heard the petition against Sheikh Rashid at el
Published 03 Dec, 2014 12:00am
Manufacturing expands in November: MCB PMI

Manufacturing expands in November: MCB PMI

Economic activity in the manufacturing sector expanded in November 2014 at a faster pace than in September 2014, said MCB Purchasing Managers Index (PMI). According to MCP PMI report issued by MCB Bank Limited Tuesday, manufacturing expanded in November a
Published 03 Dec, 2014 12:00am
UOF power surcharge: middle income earners hit more than the rich

UOF power surcharge: middle income earners hit more than the rich

Federal government's power surcharge squeezes middle income earners more than the rich with a levy of a surcharge of Rs 1 per unit under Universal Obligation Fund (UOF) for consumers using 301-700 units while those using over 700 units would only pay 0.50
Published 03 Dec, 2014 12:00am
Collaboration with Afghanistan; PBIT holds committee's first meeting

Collaboration with Afghanistan; PBIT holds committee's first meeting

The first meeting of the committee on collaboration with Afghanistan was held at Punjab Board of Investment and Trade (PBIT) office here on Tuesday. The meeting was chaired by Minister Industries, Chaudhry Muhammad Shafique and attended by Irfan Ilahi Cha
Published 03 Dec, 2014 12:00am
Foreign delegates, Nayyer discuss regional situation

Foreign delegates, Nayyer discuss regional situation

Muhammad Jihad Allaham, Speaker of the Syrian Parliament and Ganira Pashayeva, Member of Azerbaijan Parliament separately called on Chairman Senate Syed Nayyer Hussain Bokhari here on Tuesday and discussed regional situation and various important matters
Published 03 Dec, 2014 12:00am
'The diamond jewellery set no one can own'

'The diamond jewellery set no one can own'

Apropos 'The diamond jewellery set no one can own' carried by Business Recorder on Thursday, the writer seems to have brushed aside the clarification issued by Asif Ali Zardari's spokesperson Farhatullah Babar who had stated that Zardari House had
Published 03 Dec, 2014 12:00am
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