News Archives for Print - 2014-12-10

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Tuesday (December 09, 2014).

Published 10 Dec, 2014 12:00am

'Militant linked to attack on Benazir killed'

Police said Tuesday they had killed a Taliban commander responsible for a bomb attack in 2007 that killed 139 people in a botched attempt to assassinate ex-premier Benazir Bhutto. Firdous Khan was killed in an hour-long gunfight with police in the Manghop

Published 10 Dec, 2014 12:00am

THE RUPEE: gains persist

The rupee firmly held the commanding position against the dollar on the money market on Tuesday, dealers said. The rupee maintained overnight winning spree versus the dollar, gaining seven-paisa at Rs 101.00 and Rs 101.05 respectively, they said.

Published 10 Dec, 2014 12:00am

Is civilian rule better than military rule?

Addressing a youth parliament, former President and army chief Pervez Musharraf said that under army rule Pakistan's economy fared better than it did under any civilian government. However, he does not want the present democratic dispensation to be derail

Published 10 Dec, 2014 12:00am

THE RUPEE: gains persist

The rupee firmly held the commanding position against the dollar on the money market on Tuesday, dealers said. The rupee maintained overnight winning spree versus the dollar, gaining seven-paisa at Rs 101.00 and Rs 101.05 respectively, they said.

Published 10 Dec, 2014 12:00am

After Faisalabad, what next?

In the wake of events as unfolded in the industrial city of Faisalabad on Monday it becomes obvious that the PTI's town by town shutdown plan is loaded with dangerous portents both for the country's democratic order and national security. Till late into n

Published 10 Dec, 2014 12:00am

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Tuesday (December 09, 2014).

Published 10 Dec, 2014 12:00am

Corruption ranking

Last week Pakistan rejoiced at its ranking in the Corruption Perception Index (CPI) 2014 improved by a notch with a score of 29 out of 100 in a scale from 0 (perceived to be highly corrupt) to 100 (very clean) as per the report issued by Transparency Inte

Published 10 Dec, 2014 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Tuesday (December 09, 2014).

Published 10 Dec, 2014 12:00am

Diamond deals to add sparkle to India-Russian ties

India's gemstone industry will hope to add some sparkle to ties between New Delhi and Moscow this week by persuading Russia to massively increase its exports of diamonds direct to the global hub of cutting and polishing. Vladimir Putin's two-day visit to

Published 10 Dec, 2014 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (December 09, 2014).

Published 10 Dec, 2014 12:00am

With or without Mugabe, Zimbabwe still hostage to nationalism

When veteran Zimbabwe leader Robert Mugabe sacked his vice-president in front of 12,000 baying party members last week, Emmerson Mnangagwa sat quietly in the crowd, a green baseball cap pulled low over his eyes. The man who stood to gain most from the dep

Published 10 Dec, 2014 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (December 09, 2014).

Published 10 Dec, 2014 12:00am

Trench on Pak-Afghan border

Apropos 'Trench to help stop intrusion of terrorists' carried by Business Recorder on Sunday, one needs to appreciate the step aimed at creating a formidable hurdle for terrorists and members of drug mafia. According to the report, the completion o

Published 10 Dec, 2014 12:00am

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (December 09, 2014).

Published 10 Dec, 2014 12:00am

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (December 09, 2014).

Published 10 Dec, 2014 12:00am

Citigroup sets $3.5 billion fourth quarter charge for legal, other costs

Citigroup plans to take a $3.5 billion charge in the fourth quarter to cover legal and restructuring costs, chief executive Michael Corbat said Tuesday. The charge comes as Citi contends with a range of regulatory investigations, including that it joined

Published 10 Dec, 2014 12:00am

Fitch places Japan credit on Rating Watch Negative

Fitch Ratings on Tuesday placed Japan's sovereign credit on Rating Watch Negative, warning that the delay in raising consumption tax would put the government's objective of reducing the national debt at risk. The warning came a week after Moody's downgrad

Published 10 Dec, 2014 12:00am

Fitch places Japan credit on Rating Watch Negative

Fitch Ratings on Tuesday placed Japan's sovereign credit on Rating Watch Negative, warning that the delay in raising consumption tax would put the government's objective of reducing the national debt at risk. The warning came a week after Moody's downgrad

Published 10 Dec, 2014 12:00am

One-million-name petition against US trade deal handed to EU

Campaigners handed the EU a petition signed by more than 1.1 million people against a huge trade deal with the United States on Tuesday, saying it could override local laws and is too secretive. The "Stop TTIP" coalition, which groups more than 320 organi

Published 10 Dec, 2014 12:00am

German imports fall at fastest pace in two years

German imports posted their steepest drop in almost two years in October after a strong rise the previous month, while exports also fell, but economists remained upbeat about the prospects for Europe's largest economy. Seasonally-adjusted data from the Fe

Published 10 Dec, 2014 12:00am

Labour costs increase at sharpest rate since early 2013

German labour costs rose in the third quarter at their sharpest rate since the start of 2013, data showed on Tuesday, in a likely boon to euro zone neighbours who should find this makes their goods more competitive. The data from the federal statistics of

Published 10 Dec, 2014 12:00am

Italy to link Rome airport to Florence, Venice by train

A trip to Italy taking in both Rome and Venice will get easier from Sunday when some of the country's high-speed trains start travelling directly to the capital's main airport. The move, announced on Tuesday, is potentially the first step in a plan to ful

Published 10 Dec, 2014 12:00am

Judge bans cellphone taxi service Uber in Spain

A judge on Tuesday banned the popular US cellphone-based taxi service Uber from operating in Spain, court officials said, following similar attempted moves in several other countries. Drivers hired for rides via the application "lack the administrative au

Published 10 Dec, 2014 12:00am

UK factory output slides, but economy unlikely to slow much

British manufacturing slumped unexpectedly in October after a strong September, but economists said the country's economic recovery still looked set to slow only slightly at the end of 2014. Sterling fell as data showed manufacturing production tumbled 0.

Published 10 Dec, 2014 12:00am

Solid US wholesale inventories data seen boosting growth

US wholesale inventories rose more than expected in October, prompting some economists to raise their growth forecasts for the fourth quarter. The Commerce Department said on Tuesday wholesale inventories increased 0.4 percent, despite an energy price-rel

Published 10 Dec, 2014 12:00am

Small business confidence jumps to near eight-year high

US small business optimism surged in November to its highest level in nearly eight years, the latest indication the economy is positioned for faster growth in 2015. The National Federation of Independent Business said on Tuesday its Small Business Optimis

Published 10 Dec, 2014 12:00am

BMW unveils surprise changes to top management

German carmaker BMW and larger rival Volkswagen announced surprise changes to top management on Tuesday, with the veteran CEO of the Munich-based luxury group stepping down a year early and handing the reins to the firm's younger production chief. BMW sai

Published 10 Dec, 2014 12:00am

World Bank lowers Russia's economic forecast as ruble falls

The World Bank announced a gloomier economic forecast for Russia on Tuesday as the ruble fell despite the central bank saying it had spent billions last week to prop it up. Falling oil prices and sanctions over the crisis in Ukraine have taken a heavy tol

Published 10 Dec, 2014 12:00am

Russian central bank seen raising rates by one percentage point

Russia's central bank will raise its key lending rate by one percentage point later this week to try and halt the rouble's slide, most contributors to a Reuters poll of 17 analysts predicted on Tuesday. The bank, which holds a regular meeting to discuss r

Published 10 Dec, 2014 12:00am

Non-oil sector supporting Algeria growth

Growth in non-oil businesses is supporting Algeria's economy as global oil prices plunge to five-year lows, Algerian central bank governor Mohammed Laksaci said on Tuesday. "Growth is coming mainly from the non-oil sector," Laksaci told Reuters on the sid

Published 10 Dec, 2014 12:00am

Colombia's Santos sees GDP growth of 4.3-4.5 percent

Colombia's economy will likely grow between 4.3 percent and 4.5 percent next year, President Juan Manuel Santos said during an international conference in Mexico on Tuesday, a rate below the government's forecast for a 4.8 percent expansion. Falling oil p

Published 10 Dec, 2014 12:00am

Indonesia's bad loans expected to rise by year end

Indonesia's central bank estimated bad loans would rise by the end of this year to 2.4 percent of outstanding loans, up from 1.8 percent at the end of 2013, but a level the bank still considered manageable, an official said on Tuesday. Bank Indonesia expe

Published 10 Dec, 2014 12:00am

Venezuela needs credit to cope with oil price drop: Maduro

President Nicolas Maduro again fumed against Venezuela's poor credit rating on Monday, saying the Opec nation needed external financing to help it cope with oil price declines. The socialist government has seen bond prices plunge, loan costs rise and mark

Published 10 Dec, 2014 12:00am

Brazil retail seen extending fragile recovery in October

Retail sales in Brazil probably rose in October for the third straight month, according to a Reuters survey of economists, extending a weak recovery but remaining vulnerable to a plunge in consumer confidence. The median forecast of 21 economists in the p

Published 10 Dec, 2014 12:00am

Czech utility CEZ's CEO sees lower profits as sector changes

Czech electricity producer CEZ will earn smaller profits in coming years as it adapts to changes in the industry, its chief executive told a newspaper in an interview published on Saturday. "We will have lower but stable profit and dividends," Daniel Bene

Published 10 Dec, 2014 12:00am

Czech utility CEZ's CEO sees lower profits as sector changes

Czech electricity producer CEZ will earn smaller profits in coming years as it adapts to changes in the industry, its chief executive told a newspaper in an interview published on Saturday. "We will have lower but stable profit and dividends," Daniel Bene

Published 10 Dec, 2014 12:00am

Rate cut calls grow as Australian economy falters

Pressure is building on Australia's central bank to cut interest rates from their record lows as growth in the resources-driven economy, already faltering on the back of China's slowdown, takes a further hit, analysts say. The Reserve Bank of Australia (R

Published 10 Dec, 2014 12:00am

South Korea's department, discount store sales decline

Sales at South Korea's top department and discount stores fell for a third straight month in November, preliminary government data showed on Tuesday, suggesting that domestic consumption remains fragile in Asia's fourth-largest economy. Combined sales las

Published 10 Dec, 2014 12:00am

Prada net profit drops

Italian luxury group Prada said Friday its nine-month profit dropped by 27.6 percent to 319.3 million euros ($394.9 million) due to challenging market conditions but expressed confidence in the medium-term outlook for the sector. Sales at the group which

Published 10 Dec, 2014 12:00am

Prada net profit drops

Italian luxury group Prada said Friday its nine-month profit dropped by 27.6 percent to 319.3 million euros ($394.9 million) due to challenging market conditions but expressed confidence in the medium-term outlook for the sector. Sales at the group which

Published 10 Dec, 2014 12:00am

Easier trend on grain market

Falling trend was again witnessed on the wholesale grain market on Tuesday in the process of small business, dealers said. On the cereals side, Masoor Canada lost Rs 100 to Rs 9800, Masoor Dall quoted at Rs 11300, wheat Burdan low type shed Rs 25 to Rs 34

Published 10 Dec, 2014 12:00am

Cotton market: spot rate higher despite low demand by mills

Spot rate was up despite the less demand by the mills and spinners on the cotton market on Tuesday, dealers said. The official spot rates picked up by Rs 50 to Rs 4,700, they said. In the ready business, about 18,000 bales of cotton changed hands between

Published 10 Dec, 2014 12:00am

Oil cake market rates

An easier trend was seen on the forward cottonseeds oilcake market on Tuesday, they said. The December vaida closed at Rs 1600.50 on Monday but commenced the day with a fall of 20 paisa at Rs 1600.30, they said. The January contract ended at Rs 1800.00 an

Published 10 Dec, 2014 12:00am

Activity at Karachi & Qasim ports

The Karachi Port handled 96,139 tonnes of cargo comprising 50,707 tonnes of import cargo and 45,432 tonnes of export cargo including 5,414 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday. The total import cargo of 50,7

Published 10 Dec, 2014 12:00am

European wheat prices steady

West European wheat prices were steady on Monday as traders weighed up a soya-led rally on the US market, favourable export prospects and easing supply concerns in the Black Sea region. Front-month January wheat on the Euronext exchange settled 1.00 euro

Published 10 Dec, 2014 12:00am

US Midwest corn, soya bids mostly steady

Spot corn and soyabean basis bids were mostly steady at grain elevators and processors in the US Midwest on Monday as farmer selling remained sluggish, traders said. Bids were unchanged from Friday for corn and soyabeans at locations in Decatur, Ill., Sio

Published 10 Dec, 2014 12:00am

US FOB Gulf soya basis offers lower

US FOB Gulf soyabean basis offers were marked 7 cents a bushel lower for loadings through February after the close on Monday to counter another rise in futures and keep export interest strong, traders said. Corn and wheat basis values were unchanged with

Published 10 Dec, 2014 12:00am

CBOT wheat ends higher on technical buying

Chicago Board of Trade wheat futures closed higher on Monday on fund-driven technical buying as traders shrugged off poor US export demand and a lack of supportive news. The US Department of Agriculture reported export inspections of US wheat in the lates

Published 10 Dec, 2014 12:00am

Indian rapeseed futures fall on profit-taking

Indian rapeseed futures ended down on Tuesday on profit-taking as concerns about lower output due to a smaller area under the main winter oilseed crop eased on favourable weather conditions Soya futures eased as buying support shied away, taking cues from

Published 10 Dec, 2014 12:00am

Daily trading report of PMEX

On Monday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 2.366 billion and the number of lots traded was 9,226. PMEX Commodity Index closed at 2,687. Major business was contributed by crude oil amounting to PKR 1.587 billion followed by gold

Published 10 Dec, 2014 12:00am

'The idea is to promote best management practices'

BR: Kindly give us an overview of MAP's journey so far?

Published 10 Dec, 2014 12:00am

MAP through 50 years

ESTABLISHMENT: Management Association of Pakistan (formerly West Pakistan Management Association) was formed in 1964 by a small group of dedicated entrepreneurs and senior professional managers, who had been keenly aware of the demands which were l

Published 10 Dec, 2014 12:00am

Message from President, Islamic Republic of Pakistan

As we observe the International Anti-Corruption Day on December 9, we reiterate our determination to continue our efforts to curb the menace of corruption which erodes the very fabric of societies. This day reminds us of the need to ensure a corruption-fr

Published 10 Dec, 2014 12:00am

Message from Syed Adil Gillani, Transparency International Pakistan

Corruption is a major threat for the socio-economic, stability and political development of a country. Desperately needed development funds are misappropriated/ embezzled by corrupt individuals resulting poor people are robbed of the education, health car

Published 10 Dec, 2014 12:00am

Message from Chairman National, Accountability Bureau

Corruption is a scourge that has badly affected the quality of governance, state of the economy and social justice available to the people. In our society, The impact of corruption is often manifested Through political intolerance, problems of accountabil

Published 10 Dec, 2014 12:00am

Awareness and Prevention of Corruption

Corruption is the greatest obstacle to economic and social development around the world. It impedes competitiveness, stifles growth, hinders development and contributes to the erosion of stable societies. Desperately needed development funds are misapprop

Published 10 Dec, 2014 12:00am

Best Governed and Transparent Company of South Asia

FFC looks beyond financial profitability while entering into any business deal. We link our well being with the prosperity of Pakistan. Corporate governance, transparency and business ethics has always been the culture of FFC which is reflected in our int

Published 10 Dec, 2014 12:00am

Enforcement: An Effective Approach to Curb Corruption

Pakistan being low for the Corruption Perception Index (CPI) issued by the Transparency International, is facing the governance issues mainly due to the bottlenecks of its cultural and traditional discretions exercised by the holders of public office with

Published 10 Dec, 2014 12:00am

Aaj TV - Wednesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 10 Dec, 2014 12:00am

New York cotton

The fluctuations observed during the day:

Published 10 Dec, 2014 12:00am

New York cotton

The fluctuations observed during the day:

Published 10 Dec, 2014 12:00am

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 10 Dec, 2014 12:00am

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 10 Dec, 2014 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (December 09, 2014).

Published 10 Dec, 2014 12:00am

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Tuesday (December 09, 2014).

Published 10 Dec, 2014 12:00am

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Tuesday (December 09, 2014).

Published 10 Dec, 2014 12:00am

Libor

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Tuesday (December 09, 2014).

Published 10 Dec, 2014 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Tuesday (December 09, 2014).

Published 10 Dec, 2014 12:00am

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 Tuesday (December 09, 2014).

Published 10 Dec, 2014 12:00am

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 Tuesday (December 09, 2014).

Published 10 Dec, 2014 12:00am

Banks' rates for currency notes (buying and selling)

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Tuesday (December 09, 2014).

Published 10 Dec, 2014 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (December 09, 2014).

Published 10 Dec, 2014 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (December 09, 2014).

Published 10 Dec, 2014 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Tuesday (December 09, 2014).

Published 10 Dec, 2014 12:00am

Currency values in terms of Special Drawing Rights

The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special Drawing Rights (SDR).

Published 10 Dec, 2014 12:00am

Oil price decline helps ministry save Rs 27 billion

Prime Minister Nawaz Sharif was informed that power sector has been able to save Rs 27 billion during the last one month mainly due to oil price decline in global market. A meeting of the Cabinet Committee on energy was presided over by Prime Minister to

Published 10 Dec, 2014 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (December 09, 2014).

Published 10 Dec, 2014 12:00am

Oil price decline helps ministry save Rs 27 billion

Prime Minister Nawaz Sharif was informed that power sector has been able to save Rs 27 billion during the last one month mainly due to oil price decline in global market. A meeting of the Cabinet Committee on energy was presided over by Prime Minister to

Published 10 Dec, 2014 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (December 09, 2014).

Published 10 Dec, 2014 12:00am

Oil price decline helps ministry save Rs 27 billion

Prime Minister Nawaz Sharif was informed that power sector has been able to save Rs 27 billion during the last one month mainly due to oil price decline in global market. A meeting of the Cabinet Committee on energy was presided over by Prime Minister to

Published 10 Dec, 2014 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (December 09, 2014).

Published 10 Dec, 2014 12:00am

ABL shares: floor price approved

The Cabinet Committee on Privatisation in its meeting chaired by Finance Minister Ishaq Dar here on Tuesday unanimously approved the floor price for divestment of GoP shares in ABL at the rate of Rs 105/- per share. The Privatisation Commission Board, it

Published 10 Dec, 2014 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Tuesday (December 09, 2014).

Published 10 Dec, 2014 12:00am

ABL shares: floor price approved

The Cabinet Committee on Privatisation in its meeting chaired by Finance Minister Ishaq Dar here on Tuesday unanimously approved the floor price for divestment of GoP shares in ABL at the rate of Rs 105/- per share. The Privatisation Commission Board, it

Published 10 Dec, 2014 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Tuesday (December 09, 2014).

Published 10 Dec, 2014 12:00am

ABL shares: floor price approved

The Cabinet Committee on Privatisation in its meeting chaired by Finance Minister Ishaq Dar here on Tuesday unanimously approved the floor price for divestment of GoP shares in ABL at the rate of Rs 105/- per share. The Privatisation Commission Board, it

Published 10 Dec, 2014 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Tuesday (December 09, 2014).

Published 10 Dec, 2014 12:00am

ABL shares: floor price approved

The Cabinet Committee on Privatisation in its meeting chaired by Finance Minister Ishaq Dar here on Tuesday unanimously approved the floor price for divestment of GoP shares in ABL at the rate of Rs 105/- per share. The Privatisation Commission Board, it

Published 10 Dec, 2014 12:00am

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (December 09, 2014).

Published 10 Dec, 2014 12:00am

Government-IPPs meeting today

The government has convened a meeting of Independent Power Producers (IPPs) on Wednesday (today), official sources told Business Recorder. Recently, 25 IPPs have claimed that an audited overdue amount of almost Rs 270 billion which is payable to th

Published 10 Dec, 2014 12:00am

Private sector: Prime Minister approves duty-free import of solar panels

In a major decision to overcome the energy crisis and provide cheap alternative source of energy, Prime Minister Nawaz Sharif has allowed private sector to import duty-free solar panels. The Prime Minister gave the approval on the recommendations of the C

Published 10 Dec, 2014 12:00am

Equities reassemble

Equities at Karachi Stock Exchange (KSE) snapped losing streak Tuesday and recovered 73.83 points or 0.23 percent to close at 32,084.16 points. According to analysts, some recovery was seen in spite of falling global oil prices. They said investors accumu

Published 10 Dec, 2014 12:00am

Dates of Closure of Books & Annual General Meetings

Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed on the stock exchanges.

Published 10 Dec, 2014 12:00am

Equities reassemble

Equities at Karachi Stock Exchange (KSE) snapped losing streak Tuesday and recovered 73.83 points or 0.23 percent to close at 32,084.16 points. According to analysts, some recovery was seen in spite of falling global oil prices. They said investors accumu

Published 10 Dec, 2014 12:00am

Clearing Schedule for T+2 System

Karachi Stock Exchange's Clearing Schedule for T+2 System.

Published 10 Dec, 2014 12:00am

Equities reassemble

Equities at Karachi Stock Exchange (KSE) snapped losing streak Tuesday and recovered 73.83 points or 0.23 percent to close at 32,084.16 points. According to analysts, some recovery was seen in spite of falling global oil prices. They said investors accumu

Published 10 Dec, 2014 12:00am

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 10 Dec, 2014 12:00am

BRIndex30 surges 127.94 points

On Tues-day, BRIndex30 opened at 17,617.29 points. It touched an intraday high of 17,763.01 points and an intraday low of 17,535.07 points and closed at 17,745.23 points which was 127.94 points or 0.73 percent higher than previous close. Total volume was

Published 10 Dec, 2014 12:00am

Last date of renunciation/payment

Last dates of renunciation/payment.

Published 10 Dec, 2014 12:00am

Currency	Rate
USD PKR Interbank Selling / May 12	281.63
USD PKR Interbank Buying / May 12	281.43
USD to Japanese Yen / May 12	145.91
USD to Swiss Franc / May 12	0.83
Pound Sterling to USD / May 12	1.33
Euro to USD / May 12	1.12
UK LIBOR % / May 9	4.96

Stock	Volume
S&P 500 / May 9	5,659.91
Nasdaq / May 9	17,928.92
Dow Jones / May 9	41,249.38
India Sensex / May 12	81,746.51
Tokyo Nikkei / May 12	37,643.20
Hang Seng / May 12	23,174.79
FTSE 100 / May 12	8,559.54
Germany DAX 30 / May 12	23,721.61
France CAC40 / May 12	7,802.81

Item	Value
Karachi Cotton PKR/37.32 KG / May 9	16,985
Gold 10 Grams PKR / May 9	300,840
Crude Oil USD/Barrel / May 12	61.81
Gold Spot USD/Ounce / May 12	3,279.94
Cotton US¢/pound / May 12	67.45
Petrol/Litre / May 13	252.63
Diesel/Litre / May 13	256.64

Stock	Price
Dewan Farooque Sp. / May 12 Dewan Farooque Spinning Mills Limited(DFSM)	3.08 ▲ 0.71 (29.96%)
Equity Modaraba / May 12 First Equity Modaraba(FEM)	3.17 ▲ 0.67 (26.8%)
Kohinoor Spining / May 12 Kohinoor Spinning Mills Limited(KOSM)	4.99 ▲ 1 (25.06%)
Cresent Jute / May 12 Crescent Jute Products Limited(CJPL)	3.18 ▲ 0.58 (22.31%)
Media Times Ltd / May 12 Media Times Limited(MDTL)	1.84 ▲ 0.33 (21.85%)
Pace (Pak) Ltd. / May 12 Pace (Pakistan) Limited(PACE)	5.38 ▲ 0.96 (21.72%)
Chenab Ltd (Pref) / May 12 Chenab Limited (Pref)(CLCPS)	2.49 ▲ 0.44 (21.46%)
Al-Shaheer Corp / May 12 Al Shaheer Corporation Limited(ASC)	5.88 ▲ 1 (20.49%)
D.S. Ind. Ltd. / May 12 D.S. Industries Limited(DSIL)	4.64 ▲ 0.74 (18.97%)
Hira Textile / May 12 Hira Textile Mills Limited(HIRAT)	3.25 ▲ 0.51 (18.61%)

Stock	Price
Reliance Weaving / May 12 Reliance Weaving Mills Limited(REWM)	98.10 ▼ -10.9 (-10%)
Apna Microfin. / May 12 Apna Microfinance Bank Limited(AMBL)	9.90 ▼ -1.05 (-9.59%)
Shams Textile / May 12 Shams Textile Mills Limited(STML)	21.50 ▼ -2 (-8.51%)
Ellcot Spinning / May 12 Ellcot Spinning Mills Limited(ELSM)	103.20 ▼ -8.99 (-8.01%)
Suhail Jute / May 12 Suhail Jute Mills Limited(SUHJ)	80.01 ▼ -6.59 (-7.61%)
Din Tex. / May 12 Din Textile Mills Limited(DINT)	47 ▼ -2.99 (-5.98%)
Paramount Mod / May 12 First Paramount Modaraba(FPRM)	6.86 ▼ -0.42 (-5.77%)
Pak Paper Prod / May 12 Pakistan Paper Products Limited(PPP)	147.01 ▼ -7.1 (-4.61%)
Sakrand Sugar / May 12 Sakrand Sugar Mills Limited(SKRS)	11.80 ▼ -0.52 (-4.22%)
Ali Asghar / May 12 Ali Asghar Textile Mills Limited(AATM)	43 ▼ -1.87 (-4.17%)

Stock	Volume
K-Electric Ltd. / May 12 K-Electric Limited(KEL)	113,339,802 ▲ 0.55
At-Tahur Ltd. / May 12 At-Tahur Limited(PREMA)	75,586,776 ▲ 1.38
WorldCall Telecom / May 12 Worldcall Telecom Limited(WTL)	65,777,142 ▲ 0.15
Power Cement / May 12 Power Cement Limited(POWER)	38,991,042 ▲ 1.09
Cnergyico PK / May 12 Cnergyico PK Limited(CNERGY)	33,253,495 ▲ 1
B.O.Punjab / May 12 The Bank of Punjab(BOP)	30,799,662 ▲ 1
Kohinoor Spining / May 12 Kohinoor Spinning Mills Limited(KOSM)	23,237,026 ▲ 1
Hub Power Co. / May 12 The Hub Power Company Limited(HUBC)	21,435,724 ▲ 12.58
Pak Int.Bulk / May 12 Pakistan International Bulk Terminal(PIBTL)	14,540,297 ▲ 1
Pace (Pak) Ltd. / May 12 Pace (Pakistan) Limited(PACE)	12,178,931 ▲ 0.96

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