News Archives for Print - 2014-12-19

ZONG IT systems appraised at level 2 of CMMI

China Mobile Pakistan Ltd (Zong), Pakistan's fastest growing and most advanced telecom operator in the country. ZONG's Software Development & Automation Department has recently been appraised at Level 2 of the CMMI (Capability Maturity Model Integration).

Published 19 Dec, 2014 12:00am

HBL, OUP enter into alliance

Habib Bank Limited (HBL) entered into a strategic alliance with Oxford University Press Pakistan during a ceremony held at the HBL Head Office, here in Karachi. As per the agreement, HBL will provide complete banking services to OUP-P. The agreement was s

Published 19 Dec, 2014 12:00am

Pakistan, Indonesia trade may touch $2 billion this year: envoy

Bilateral trade between Indonesia and Pakistan is all set to achieve a historic milestone as it is expected to touch US two billion dollars mark by the end of this year. Ambassador of the Republic of Indonesia Burhan Muhammad stated this at a working dinn

Published 19 Dec, 2014 12:00am

PPP Punjab holds protest

PPP Punjab held protest against terrorists' attack on army -run school of Peshawar outside the Press Club, here on Thursday. The PPP leadership condemned the terrible attack on school children, saying the nation had become united against terrorism.

Published 19 Dec, 2014 12:00am

MSS inaugurates Child Healthcare Centre in Rohri

Marie Stopes Society (MSS), with funding from United States Agency for International Development's (USAID) Maternal and Child Health Program, inaugurated a new Mother and Child Health Centre at Rohri. The inauguration ceremony was well attended by represe

Published 19 Dec, 2014 12:00am

KE signs accord with Engro

K-Electric Limited on Thursday signed two separate MoUs with Engro with the objective of increasing power supply to the city and it's adjoining areas using LNG as fuel for new generation. Introduction of LNG in the fuel mix is part of KE's strategy to ach

Published 19 Dec, 2014 12:00am

N-power plants: SHC extends interim order till December 22

The Sindh High Court (SHC) on Thursday extended till December 22 its interim order barring Pakistan Atomic Energy Commission (PAEC) from carrying out work on two nuclear power plants in Karachi without adhering to the environmental laws.

Published 19 Dec, 2014 12:00am

Fixation of sugar price: Sindh government told to hold fresh meeting with all stakeholders

The Sindh High Court (SHC) directed on Thursday Sindh government to hold fresh meeting of all relevant parties, including sugar mills associations, Sindh Chamber of Agriculture and Sindh Abadgar Board to fix sugar price. A division bench headed by Chief J

Published 19 Dec, 2014 12:00am

Over 49 centres operational in Karachi: DG Nadra Sindh

"As many as 49 centres in Karachi are operational to facilitate the citizens and we have ensured that increasing numbers of centres are serving the masses near to their doorsteps. Nadra scope of work is now more citizens centric that demands more innovati

Published 19 Dec, 2014 12:00am

Sindh Bank to launch Microfinance Bank

Sindh Bank has decided to launch Microfinance Bank to facilitate Small and Medium Enterprises (SMEs). Talking to newsmen at a signing ceremony of an agreement between Sindh Bank Limited and China UnionPay International here on Thursday, President/CEO of S

Published 19 Dec, 2014 12:00am

Samsung's Smart Winter Offer 2014-15

Samsung has recently launched the "Smart Winter Offer 2014-2015" to present special prices on many of its leading Smartphones, including the Galaxy Note 3, Galaxy S4, Galaxy Ace 4 Duos and Galaxy Ace 4 Lite. Through this limited-time offer, these feature

Published 19 Dec, 2014 12:00am

Merger of Libaas Textile into Ghani Global Glass approved

Shareholders of Libaas Textile Limited and Ghani Global Glass Limited unanimously approved the merger of Libaas Textile Limited with and into Ghani Global Glass Limited. The meeting was presided over by Ahmad Pervaiz, Advocate and Khawaja Mohd Jawaad Asmi

Published 19 Dec, 2014 12:00am

Capital Adequacy: Al Baraka Bank complies with Basel III requirement

The General Council for Islamic Banks and Financial Institutions (CIBAFI), the global umbrella organisation for Islamic financial institutions, held a successful In-focus session on Basel III and Islamic banks during the 21st World Islamic Banking Confere

Published 19 Dec, 2014 12:00am

Peshawar school attack widely condemned

Political and religious parties, trade organisations and members of civil society condemned Taliban barbaric attack on Peshawar army public school killing 149 persons including 132 children and took out rallies to mourn the martyrdom of innocent children

Published 19 Dec, 2014 12:00am

PCDMA chief condemns Peshawar attack

Chairman of Pakistan Chemical and Dyes Merchant Association (PCDMA) M Haroon Nisar has strongly condemned the terrorist attack in Peshawar and extended his condolence to the bereaved families. He on behalf of the association conveyed heartfelt sorrow and

Published 19 Dec, 2014 12:00am

Candlelight vigil ceremony held

In the memory of martyrs of Army Public School Peshawar, a candle lightening ceremony was held in the Divisional Directorate of Information, Government of Sindh, Hyderabad this evening. At this occasion, Divisional Director Information Hyderabad Khurshid

Published 19 Dec, 2014 12:00am

DUHS slams massacre of schoolchildren

Terming Tuesday's massacre of innocent students of Peshawar's Army Public School `the darkest day in the history of Pakistan', a meeting of Dow University of Health Sciences (DUHS) held here on Thursday said:"No human-being can ever think of indulging in

Published 19 Dec, 2014 12:00am

Three-year STPF to be introduced by early next year: Dastgir

Federal Minister for Commerce Khurram Dastgir on Thursday said that the government would introduce three years Strategic Trade Policy Framework (STPF) by early next year, envisaging substantial changes in current trade regime. Addressing a press conferenc

Published 19 Dec, 2014 12:00am

Hamdard Naunehal Assembly condemns brutal attack on school

A meeting of Hamdard Naunehal Assembly Karachi chapter was held on Wednesday on the theme: "Let us love Quaid-i-Azam", comprised speeches, poetic tribute, tableau and due-i-Said at a local hotel. The meeting in a unanimous resolution condemned the brutal

Published 19 Dec, 2014 12:00am

PCJCCI chief stresses need to implement Islamic punishments to curb terrorism

President Pak-China Joint Chamber of Commerce and Industry (PCJCCI) President Shah Faisal Afridi has stressed upon the need for implementation of Islamic punishments to curb the menace of terrorism. He also hailed the decision of revival of death punishme

Published 19 Dec, 2014 12:00am

Three killed, three injured in various incidents of violence

Three people were killed and three others injured in separate incidents of violence here on Thursday. According to police and rescue sources, a man identified as Hayat-ur-Rehman, son of Khizar, was gunned down by unidentified men in Musharaf Colony, in th

Published 19 Dec, 2014 12:00am

FBR asked to release advance ST refund claims

The melting industry has sought immediate release of advance sales tax's pending refund amount to manage its working capital. Pakistan Steel Melters Association (PSMA), in a letter to the Federal Board of Revenue (FBR) Chairman on Thursday, requested the

Published 19 Dec, 2014 12:00am

PPL announces fifth discovery in Gambat South

Pakistan Petroleum Limited (PPL), the operator of Gambat South Block with 65 percent working interest (WI) along with its joint venture partners Government Holdings (Private) Limited and Asia Resources Oil Limited with 25 percent and 10 percent WI, respec

Published 19 Dec, 2014 12:00am

NHA urged to expedite work on LEW

Lasbela Chamber of Commerce and Industry's (LCCI) President Yakoob H. Karim has urged the authorities to complete the second track of Lyari Expressway without any further delay. Deploring over the inordinate delay in completing Lyari Expressway, he urged

Published 19 Dec, 2014 12:00am

Ijara Sukuk OMO Rs 20.3 billion bids accepted

State Bank of Pakistan (SBP) Thursday conducted another Open Market Operation (OMO) for outright purchase (Bai Muajjal) of Government of Pakistan Ijara Sukuk (GIS) and accepted bids amounting to Rs 20.3 billion. Bids were invited on December 18, 2014 and

Published 19 Dec, 2014 12:00am

Ijara Sukuk OMO Rs 20.3 billion bids accepted

State Bank of Pakistan (SBP) Thursday conducted another Open Market Operation (OMO) for outright purchase (Bai Muajjal) of Government of Pakistan Ijara Sukuk (GIS) and accepted bids amounting to Rs 20.3 billion. Bids were invited on December 18, 2014 and

Published 19 Dec, 2014 12:00am

NAB KP arrests BDA former project director

National Accountability Bureau (NAB) Khyber Pakhtunkhwa on Thursday arrested Mohibullah Khan, ex-project director Bannu Development Authority for alleged embezzlement of funds for developmental works and misuse of authority in Bannu Development Authority

Published 19 Dec, 2014 12:00am

US forces in Afghanistan: withdrawal to throw up new challenges to security: NDU chief

President National Defence University (NDU) Lieutenant General Javed Iqbal warned that the withdrawal of US forces from Afghanistan will throw up new challenges to regional security which could be overcome through regional as well as national approaches f

Published 19 Dec, 2014 12:00am

International workshop on biosafety begins at UVAS

The University Diagnostic Lab of the University of Veterinary and Animal Sciences Lahore organised three-day International training workshop on 'Bio-safety' in collaboration with the Pakistan Biological Safety Association & International Council for Life

Published 19 Dec, 2014 12:00am

Chief minister Punjab reviews overall law and order situation

Punjab Chief Minister Shahbaz Sharif presided over a meeting of cabinet committee on law and order here on Thursday in which overall law and order situation in the province and measures for ensuring foolproof security arrangements for the educational inst

Published 19 Dec, 2014 12:00am

Mobilink holds country's largest corporate blood drive

Mobilink Foundation has organized Pakistan's largest corporate blood collection drive. The nation-wide blood donation drive organized by Mobilink's CSR team in collaboration with Sundus Foundation and the Indus Hospital, resulted in collection of over 110

Published 19 Dec, 2014 12:00am

PESA expresses grief over Peshawar incident

Pakistan Ex-Servicemen Association (PESA) on Thursday voiced deep grief and shock at the barbaric massacre of 131 little angels and teachers of a school at Peshawar terming it an unforgivable crime against humanity. Such a deadliest terror attack is total

Published 19 Dec, 2014 12:00am

Condolence

Punjab Chief Minister Shahbaz Sharif has expressed sorrow and grief over the loss of precious human lives in a road accident near Mandi Bahauddin. Expressing sympathies with the bereaved families, he prayed that may Allah Almighty rest the departed souls

Published 19 Dec, 2014 12:00am

Candlelit vigil at Multan garrison

A candlelit vigil was held at Multan Garrison on Thursday with special prayers for the martyrs of Army Public School and College Peshawar who had embraced Shahadat in a terror attack last Tuesday. Garrison Commander Major General Hasnaat Amir Gilani, high

Published 19 Dec, 2014 12:00am

Global production of all major wood products steadily growing

Global production of all major wood products continued to show steady growth in 2013 for the fourth consecutive year, according to new data published and released by FAO on Wednesday. "The production of industrial round wood, sawn wood, wood pellets and w

Published 19 Dec, 2014 12:00am

FCIL holds CBP at LSE

First Capital Investments Limited (FCIL) has arranged a Corporate Briefing Programme (CBP) here at the Lahore Stock Exchange (LSE) on its First Capital Mutual Fund (FCMF). The briefing was attended by a large number of participants, including directors/TR

Published 19 Dec, 2014 12:00am

FCIL holds CBP at LSE

First Capital Investments Limited (FCIL) has arranged a Corporate Briefing Programme (CBP) here at the Lahore Stock Exchange (LSE) on its First Capital Mutual Fund (FCMF). The briefing was attended by a large number of participants, including directors/TR

Published 19 Dec, 2014 12:00am

LCCI urges FBR to expedite stuck-up ST, IT refund claims

Lahore Chamber of Commerce and Industry (LCCI) on Thursday demanded of the Chairman Federal Board of Revenue (FBR) to expedite stuck-up Sales Tax and Income Tax refund claims. LCCI President Ijaz A Mumtaz said the Federal Board of Revenue is hampering the

Published 19 Dec, 2014 12:00am

Punjab government approves four welfare schemes worth Rs 1.62 billion

The Provincial Development Working Party (PDWP) Punjab approved four development schemes of various development sectors with an estimated cost of Rs 1620.171 million. These schemes were approved in the 28th PDWP meeting of current fiscal year 2014-15, pre

Published 19 Dec, 2014 12:00am

Airlines asked to reschedule flights

To avert passengers inconvenience regarding flight operations, Pakistan Civil Aviation Authority (CAA) has issued an advisory for airlines to reschedule their flights at Lahore and Islamabad airports in accordance with anticipated fog and severe weather c

Published 19 Dec, 2014 12:00am

Nation united to thwart nefarious designs of terrorists: Ibad

Governor Sindh Dr Ishrat-ul-Ibad Khan on Thursday said that in the wake of Peshawar carnage, the whole nation was united and ready to thwart the nefarious designs of terrorists. Talking to media persons at a candlelight vigil organised by Citizens Police

Published 19 Dec, 2014 12:00am

Roadside IED blast kills three soldiers in NW

A roadside bomb Thursday killed three paramilitary soldiers in the north-west, officials said. "Three paramilitary soldiers were killed when they walked over an IED (improvised explosive device) planted on a roadside in Damadola area of Bajour tribal dist

Published 19 Dec, 2014 12:00am

Cases before/or decided by FTO: 'all appellate tribunals estopped from rendering judgement'

The Federal Tax Ombudsman (FTO) has ruled that all appellate tribunals or authorities are effectively estopped from rendering judgment on any similar issue decided or investigated by the FTO as per provisions of Federal Ombudsmen Institutional Reforms Act

Published 19 Dec, 2014 12:00am

Business community condemns Peshawar attack

People belonging to all walks of life on Thursday condemned the attack on Army Public School in Peshawar and termed it a naked aggression against mankind. Almost all markets were closed to mourn the loss of innocent lives and express solidarity with the b

Published 19 Dec, 2014 12:00am

TCP procures only 61,600 bales of cotton: PCGA

The Pakistan Cotton Ginners Association (PCGA) fortnightly report showed that Trading Corporation of Pakistan has purchased only 61,600 bales of cotton while 1,32,33,986 cotton bales were sourced to the country's ginners by December 16,2014, which showed

Published 19 Dec, 2014 12:00am

Up to Rs 15 reduction in POL prices likely

The government is likely to reduce prices of the major petroleum products in the range of Rs 5 to Rs 15 per litre effective January 1, 2015 following a reduction in global fuel price which came down to $60 per barrel, Petroleum Ministry officials said. Wi

Published 19 Dec, 2014 12:00am

Quake jolts Islamabad & adjoining areas

Severe earthquake jolted federal capital Islamabad and surrounding areas on Thursday. According to the details, the earthquake was recorded in Islamabad, Peshawar, Shangla, Malakand, Lower Dir and Swat among other adjacent areas. The earthquake was so sev

Published 19 Dec, 2014 12:00am

PU ORIC signs MoU with CBRS

Punjab University Office of Research Innovation and Commercialisation (ORIC) under Business Incubation Centre has signed an MoU with Charted Business and Research Solution (CBRS) to provide new corporate and research training and consultancy services to t

Published 19 Dec, 2014 12:00am

Salaries, other expenditures: National Assembly panel grills IBCC secretary for not giving details

National Assembly Standing Committee on Inter Provincial Co-ordination on Thursday grilled Secretary Inter Board Committee of Chairman (IBCC) Muhammad Ramazan Achakzai for not providing details regarding salaries of the officers and other expenditures. Th

Published 19 Dec, 2014 12:00am

Two polio cases reported in Balochistan

Two more polio cases were reported from different areas of Balochistan here on Thursday mounting the number of polio cases surfaced in 2014 to 19, Health sources confirmed. District Health Officer Naseerabad Abdul Manan said that 14-year old girl Husna Bi

Published 19 Dec, 2014 12:00am

Concern voiced over protracted absence of gas

The National Assembly Standing Committee on Cabinet Secretariat on Thursday expressed a serious concern over the hours' long gas loadshedding in the country. Rana Muhammad Hayat Khan, chairman of the committee, directed the Managing Directors (MDs) Sui No

Published 19 Dec, 2014 12:00am

Three bodies found in Balochistan

Levies personnel on Thursday recovered bodies of three mutilated victims from Killa Saifullah district of Balochistan. Levies sources said that the bodies were found in the Kan Mehtarzai area of Killa Saifullah district, which were later brought to Quetta

Published 19 Dec, 2014 12:00am

II

Hope we can learn something as a society moving forward so that the innocent lives were not lost in vain!!! Let me quote: "A wife who loses a husband is called a widow. A husband who loses a wife is called a widower. A child who loses his parents is calle

Published 19 Dec, 2014 12:00am

The Peshawar tragedy

How unbelievable it is that Taliban chose a school to kill schoolchildren with a view to exacting revenge against the on-going military operation in the tribal areas. The prime minister and the army chief have responded to the situation in a highly proper

Published 19 Dec, 2014 12:00am

New families give Asian tsunami survivors chance of second life

Rusli Abdul Rahman and Fardhiah had been neighbours for years when the Asian tsunami devastated their small community in Indonesia's Aceh, killing both their spouses and their eight children. But they found a second chance at happiness by remarrying each

Published 19 Dec, 2014 12:00am

Longer drives, bigger cars challenge glum US fuel outlook

For the first time in more than a decade, US gasoline prices are tumbling toward $2 a gallon even as the economy grows and unemployment shrinks, a constellation that will test the theory that domestic fuel demand is in terminal decline. Conventional wisdo

Published 19 Dec, 2014 12:00am

Revamping tax justice system - I

Tax codes of Pakistan-Income Tax Ordinance, 2001, Sales Tax Act, 1990, Federal Excise Act, 2005 and Customs Act, 1969-provide grievance redressal mechanisms for taxpayers against the orders of tax officials and appellate authorities. The right of appeal a

Published 19 Dec, 2014 12:00am

Israel's latest atrocity

Continuing to commit atrocities in the occupied Palestinian lands, last Wednesday Israeli troops killed Ziad Abu Ein, a Palestinian Authority minister and head of the 'Committee to Resist Settlements and the Wall'. Abu Ein, accompanied by local and some f

Published 19 Dec, 2014 12:00am

Tax regime sieves

In a document on direct tax reforms for inclusive growth, Dr Hafiz Pasha, former Finance Minister of Pakistan has made certain startling disclosures. According to him, the Federal Board of Revenue (FBR) was suffering a massive revenue loss of Rs 361 billi

Published 19 Dec, 2014 12:00am

Forex reserves cross $14 billion mark

The country''s total liquid foreign exchange reserves crossed $14 billion mark at the end of last week. According to forex report issued by State Bank of Pakistan (SBP), the country''s total forex reserves posted an increase of $120 million to reach $14.0

Published 19 Dec, 2014 12:00am

Forex reserves cross $14 billion mark

The country's total liquid foreign exchange reserves crossed $14 billion mark at the end of last week. According to forex report issued by State Bank of Pakistan (SBP), the country's total forex reserves posted an increase of $120 million to reach $14.04

Published 19 Dec, 2014 12:00am

The Weather

The weather report on Thursday (December 18, 2014) and the forecast for Friday (December 19, 2014).

Published 19 Dec, 2014 12:00am

Forex reserves cross $14 billion mark

The country's total liquid foreign exchange reserves crossed $14 billion mark at the end of last week. According to forex report issued by State Bank of Pakistan (SBP), the country's total forex reserves posted an increase of $120 million to reach $14.04

Published 19 Dec, 2014 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (December 18, 2014).

Published 19 Dec, 2014 12:00am

India launches biggest ever rocket into space

India successfully launched its biggest ever rocket on Thursday carrying an unmanned capsule which could one day send astronauts into space, as the country ramps up its ambitious space programme. The rocket, designed to carry heavier communication and oth

Published 19 Dec, 2014 12:00am

LME official prices

The following were Wednesday official prices.

Published 19 Dec, 2014 12:00am

India launches biggest ever rocket into space

India successfully launched its biggest ever rocket on Thursday carrying an unmanned capsule which could one day send astronauts into space, as the country ramps up its ambitious space programme. The rocket, designed to carry heavier communication and oth

Published 19 Dec, 2014 12:00am

LME official prices

The following were Wednesday official prices.

Published 19 Dec, 2014 12:00am

Death penalty: LHC issues notices to federal, Punjab governments

The Lahore High Court here on Thursday issued notices to federal and Punjab governments for January 15, 2015 in response to a petition seeking the execution of condemned prisoners especially those involved in terrorism cases. Earlier, chairman Judicial Ac

Published 19 Dec, 2014 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (December 18, 2014).

Published 19 Dec, 2014 12:00am

Death penalty: LHC issues notices to federal, Punjab governments

The Lahore High Court here on Thursday issued notices to federal and Punjab governments for January 15, 2015 in response to a petition seeking the execution of condemned prisoners especially those involved in terrorism cases. Earlier, chairman Judicial Ac

Published 19 Dec, 2014 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (December 18, 2014)

Published 19 Dec, 2014 12:00am

July-November period: agricultural credit disbursement soars to Rs 167.6 billion

Banks disbursed some Rs 167.6 billion on account of agricultural credit during the first five months (July-November) of the current fiscal year (FY15). The disbursed amount is some 33.5 percent of the overall annual target of Rs 500 billion and 42.7 perce

Published 19 Dec, 2014 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Thursday (December 18, 2014).

Published 19 Dec, 2014 12:00am

July-November period: agricultural credit disbursement soars to Rs 167.6 billion

Banks disbursed some Rs 167.6 billion on account of agricultural credit during the first five months (July-November) of the current fiscal year (FY15). The disbursed amount is some 33.5 percent of the overall annual target of Rs 500 billion and 42.7 perce

Published 19 Dec, 2014 12:00am

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (December 18, 2014).

Published 19 Dec, 2014 12:00am

July-November period: agricultural credit disbursement soars to Rs 167.6 billion

Banks disbursed some Rs 167.6 billion on account of agricultural credit during the first five months (July-November) of the current fiscal year (FY15). The disbursed amount is some 33.5 percent of the overall annual target of Rs 500 billion and 42.7 perce

Published 19 Dec, 2014 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (December 18, 2014).

Published 19 Dec, 2014 12:00am

Amin Fahim, Pir Pagara meet Musharraf

Pakistan People's Party (PPP) leader Makhdoom Amin Fahim and chief of Pakistan Muslim League-Functional (PML-F) Pir Pagara Sibghatullah Shah Rashidi have called on former president General Pervez Musharraf (Retd) giving rise to speculations that some new

Published 19 Dec, 2014 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (December 18, 2014).

Published 19 Dec, 2014 12:00am

Amin Fahim, Pir Pagara meet Musharraf

Pakistan People's Party (PPP) leader Makhdoom Amin Fahim and chief of Pakistan Muslim League-Functional (PML-F) Pir Pagara Sibghatullah Shah Rashidi have called on former president General Pervez Musharraf (Retd) giving rise to speculations that some new

Published 19 Dec, 2014 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Thursday (December 18, 2014).

Published 19 Dec, 2014 12:00am

Forces kill 27 militants in NW

Forces killed 27 suspected militants in air strikes and a ground operation Thursday in the restive north-west hours after a roadside bomb killed three soldiers, officials said. The government and military have reaffirmed their determination to defeat the

Published 19 Dec, 2014 12:00am

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Thursday (December 18, 2014).

Published 19 Dec, 2014 12:00am

Forces kill 27 militants in NW

Forces killed 27 suspected militants in air strikes and a ground operation Thursday in the restive north-west hours after a roadside bomb killed three soldiers, officials said. The government and military have reaffirmed their determination to defeat the

Published 19 Dec, 2014 12:00am

THE RUPEE: all-round gains

The rupee recovered with modest gains against the dollar on the money market on Thursday, dealers said. The rupee picked up 10-paisa in relation to the dollar for buying and selling at Rs 100.44 and Rs 100.47 respectively, they said.

Published 19 Dec, 2014 12:00am

K-Electric considering selling shares to South Korean company: minister

Minister for Water and Power Khawaja Muahammad Asif Thursday told a parliamentary panel that K-Electric management is considering selling shares to a South Korean company. Briefing National Assembly''s Standing Committee on Water and Power headed by Arsha

Published 19 Dec, 2014 12:00am

THE RUPEE: all-round gains

The rupee recovered with modest gains against the dollar on the money market on Thursday, dealers said. The rupee picked up 10-paisa in relation to the dollar for buying and selling at Rs 100.44 and Rs 100.47 respectively, they said.

Published 19 Dec, 2014 12:00am

K-Electric considering selling shares to South Korean company: minister

Minister for Water and Power Khawaja Muahammad Asif Thursday told a parliamentary panel that K-Electric management is considering selling shares to a South Korean company. Briefing National Assembly's Standing Committee on Water and Power headed by Arshad

Published 19 Dec, 2014 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (December 18, 2014).

Published 19 Dec, 2014 12:00am

K-Electric considering selling shares to South Korean company: minister

Minister for Water and Power Khawaja Muahammad Asif Thursday told a parliamentary panel that K-Electric management is considering selling shares to a South Korean company. Briefing National Assembly's Standing Committee on Water and Power headed by Arshad

Published 19 Dec, 2014 12:00am

Currency	Rate
USD PKR Interbank Selling / Dec 4	277.97
USD PKR Interbank Buying / Dec 4	277.77
USD to Japanese Yen / Dec 4	150.37
USD to Swiss Franc / Dec 4	0.89
Pound Sterling to USD / Dec 4	1.27
Euro to USD / Dec 4	1.05

Stock	Volume
S&P 500 / Dec 3	6,049.87
Nasdaq / Dec 3	19,480.91
Dow Jones / Dec 3	44,705.53
India Sensex / Dec 4	80,956.33
Tokyo Nikkei / Dec 4	39,276.39
Hang Seng / Dec 4	19,742.46
FTSE 100 / Dec 4	8,328.12
Germany DAX 30 / Dec 4	20,195.75

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 3	17,685
Petrol/Litre / Dec 4	252.10
Crude Oil USD/Barrel / Dec 4	70.17
Gold 10 Grams PKR / Dec 4	235,940
Gold Spot USD/Ounce / Dec 4	2,644.45
Diesel/Litre / Dec 4	258.43

Stock	Price
786 Invest Ltd / Dec 4 786 Investments Limited(786)	7.37 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 4 Al-Abbas Sugar Mills Limited(AABS)	627.86 ▼ 0.00 (0.00%)
Agro Allianz / Dec 4 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 4 Ali Asghar Textile Mills Limited(AATM)	68.40 ▼ 0.00 (0.00%)
Allied Bank / Dec 4 Allied Bank Limited(ABL)	150.94 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 4 Abbott Laboratories (Pakistan) Limited(ABOT)	1,123.10 ▼ 0.00 (0.00%)
Abson Ind. / Dec 4 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 4 Alfalah Consumer Index ETF.(ACIETF)	13.47 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 4 786 Investments Limited(786)	7.37 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 4 Al-Abbas Sugar Mills Limited(AABS)	627.86 ▲ 0.00 (0.00%)
Agro Allianz / Dec 4 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 4 Ali Asghar Textile Mills Limited(AATM)	68.40 ▲ 0.00 (0.00%)
Allied Bank / Dec 4 Allied Bank Limited(ABL)	150.94 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 4 Abbott Laboratories (Pakistan) Limited(ABOT)	1,123.10 ▲ 0.00 (0.00%)
Abson Ind. / Dec 4 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 4 Alfalah Consumer Index ETF.(ACIETF)	13.47 ▲ 0.00 (0.00%)

Stock	Volume
Cnergyico PK / Dec 4 Cnergyico PK Limited(CNERGY)	246,707,903 ▲ 0.00
WorldCall Telecom / Dec 4 Worldcall Telecom Limited(WTL)	89,419,070 ▲ 0.00
Hascol Petrol / Dec 4 Hascol Petroleum Limited(HASCOL)	87,024,698 ▲ 0.00
Pak Elektron / Dec 4 Pak Elektron Limited(PAEL)	67,806,935 ▲ 0.00
Sui South Gas / Dec 4 Sui Southern Gas Company Limited(SSGC)	61,811,720 ▲ 0.00
Power Cement / Dec 4 Power Cement Limited(POWER)	58,501,362 ▲ 0.00
K-Electric Ltd. / Dec 4 K-Electric Limited(KEL)	56,938,645 ▲ 0.00
Pak Int.Bulk / Dec 4 Pakistan International Bulk Terminal(PIBTL)	56,115,997 ▲ 0.00
Pak Refinery / Dec 4 Pakistan Refinery Limited(PRL)	55,870,990 ▲ 0.00

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