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Print - 2014-12-23
Mumbai attacks suspect: appeal delayed against bail order

Mumbai attacks suspect: appeal delayed against bail order

A government prosecutor said on Monday he had been forced to delay his appeal against a court order which grants bail to the alleged mastermind of the 2008 terror attacks in Mumbai. A judge in an Islamabad anti-terror court last week granted bail to Zaki-
Published 23 Dec, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (December 22, 2014).

Published 23 Dec, 2014 12:00am
Prime Minister's inspection body: pace of work slows down

Prime Minister's inspection body: pace of work slows down

The activities of Prime Minister's Inspection Commission (PMIC) have considerably slowed down during the tenure of the present government as it has received few assignments from the Prime Minister's Office, it was learnt. Sources in the Inspection Commiss
Published 23 Dec, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (December 22, 2014).

Published 23 Dec, 2014 12:00am
Prime Minister's inspection body: pace of work slows down

Prime Minister's inspection body: pace of work slows down

The activities of Prime Minister's Inspection Commission (PMIC) have considerably slowed down during the tenure of the present government as it has received few assignments from the Prime Minister's Office, it was learnt. Sources in the Inspection Commiss
Published 23 Dec, 2014 12:00am
Increase in forex reserves: Nawaz congratulates finance minister

Increase in forex reserves: Nawaz congratulates finance minister

Prime Minister Muhammad Nawaz Sharif on Monday congratulated Finance Minister Ishaq Dar for the successful increase in Pakistan''s foreign exchange reserves that have exceeded US 15 billion dollars. The Finance Minister in a detailed briefing to the Prime
Published 23 Dec, 2014 12:00am
Increase in forex reserves: Nawaz congratulates finance minister

Increase in forex reserves: Nawaz congratulates finance minister

Prime Minister Muhammad Nawaz Sharif on Monday congratulated Finance Minister Ishaq Dar for the successful increase in Pakistan's foreign exchange reserves that have exceeded US 15 billion dollars. The Finance Minister in a detailed briefing to the Prime
Published 23 Dec, 2014 12:00am
THE RUPEE: minor changes

THE RUPEE: minor changes

The rupee moved cautiously against the dollar on the money market on Monday in the process of trading, dealers said. The rupee inched down in terms of the dollar, shedding one-paisa for buying at Rs 100.55 and four-paisa for selling at Rs 100.60, they sai
Published 23 Dec, 2014 12:00am
Increase in forex reserves: Nawaz congratulates finance minister

Increase in forex reserves: Nawaz congratulates finance minister

Prime Minister Muhammad Nawaz Sharif on Monday congratulated Finance Minister Ishaq Dar for the successful increase in Pakistan's foreign exchange reserves that have exceeded US 15 billion dollars. The Finance Minister in a detailed briefing to the Prime
Published 23 Dec, 2014 12:00am
THE RUPEE: minor changes

THE RUPEE: minor changes

The rupee moved cautiously against the dollar on the money market on Monday in the process of trading, dealers said. The rupee inched down in terms of the dollar, shedding one-paisa for buying at Rs 100.55 and four-paisa for selling at Rs 100.60, they sai
Published 23 Dec, 2014 12:00am
Corporations running in loss to be privatised: Zubair

Corporations running in loss to be privatised: Zubair

State Minister for Privatisation and Chairman Privatisation Muhammad Zubair has said the government looks forward for privatisation of different corporations. He said that the Prime Minister is quite clear about such a privatisation policy which could not
Published 23 Dec, 2014 12:00am
Corporations running in loss to be privatised: Zubair

Corporations running in loss to be privatised: Zubair

State Minister for Privatisation and Chairman Privatisation Muhammad Zubair has said the government looks forward for privatisation of different corporations. He said that the Prime Minister is quite clear about such a privatisation policy which could not
Published 23 Dec, 2014 12:00am
Corporations running in loss to be privatised: Zubair

Corporations running in loss to be privatised: Zubair

State Minister for Privatisation and Chairman Privatisation Muhammad Zubair has said the government looks forward for privatisation of different corporations. He said that the Prime Minister is quite clear about such a privatisation policy which could not
Published 23 Dec, 2014 12:00am
Two references: Zardari's acquittal plea rejected

Two references: Zardari's acquittal plea rejected

An accountability court on Monday rejected the acquittal plea of former President Asif Ali Zardari in two references filed against him by National Accountability Bureau (NAB) in 1997. An accountability court Judge, Muhammad Bashir, while hearing the corru
Published 23 Dec, 2014 12:00am
Two references: Zardari's acquittal plea rejected

Two references: Zardari's acquittal plea rejected

An accountability court on Monday rejected the acquittal plea of former President Asif Ali Zardari in two references filed against him by National Accountability Bureau (NAB) in 1997. An accountability court Judge, Muhammad Bashir, while hearing the corru
Published 23 Dec, 2014 12:00am
Rosneft scraps purchase of Morgan Stanley''s oil trading business

Rosneft scraps purchase of Morgan Stanley''s oil trading business

Russian oil major Rosneft, hit by US sanctions over Moscow''s role in the Ukraine crisis, said Monday it had to abandon plans to purchase the oil trading business of US bank Morgan Stanley after failing to win regulatory approval. The December 2013 deal f
Published 23 Dec, 2014 12:00am
Rosneft scraps purchase of Morgan Stanley's oil trading business

Rosneft scraps purchase of Morgan Stanley's oil trading business

Russian oil major Rosneft, hit by US sanctions over Moscow's role in the Ukraine crisis, said Monday it had to abandon plans to purchase the oil trading business of US bank Morgan Stanley after failing to win regulatory approval. The December 2013 deal fo
Published 23 Dec, 2014 12:00am
Rosneft scraps purchase of Morgan Stanley's oil trading business

Rosneft scraps purchase of Morgan Stanley's oil trading business

Russian oil major Rosneft, hit by US sanctions over Moscow's role in the Ukraine crisis, said Monday it had to abandon plans to purchase the oil trading business of US bank Morgan Stanley after failing to win regulatory approval. The December 2013 deal fo
Published 23 Dec, 2014 12:00am
Atif Bokhari to join NIB Bank as President

Atif Bokhari to join NIB Bank as President

Renowned banker Atif R Bokhari will join NIB Bank as President next month. Bokhari will replace Badar Kazmi as his contract expires on January 6, 2015 and the Board of Directors of NIB Bank, in its meeting held on December 17, 2014, accepted his (Kazmi) r
Published 23 Dec, 2014 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 23 Dec, 2014 12:00am
Atif Bokhari to join NIB Bank as President

Atif Bokhari to join NIB Bank as President

Renowned banker Atif R Bokhari will join NIB Bank as President next month. Bokhari will replace Badar Kazmi as his contract expires on January 6, 2015 and the Board of Directors of NIB Bank, in its meeting held on December 17, 2014, accepted his (Kazmi) r
Published 23 Dec, 2014 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 23 Dec, 2014 12:00am
Atif Bokhari to join NIB Bank as President

Atif Bokhari to join NIB Bank as President

Renowned banker Atif R Bokhari will join NIB Bank as President next month. Bokhari will replace Badar Kazmi as his contract expires on January 6, 2015 and the Board of Directors of NIB Bank, in its meeting held on December 17, 2014, accepted his (Kazmi) r
Published 23 Dec, 2014 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 23 Dec, 2014 12:00am
Seminar on 'Entrepreneurship as career option' held

Seminar on 'Entrepreneurship as career option' held

Realising the growth potential of youth entrepreneurship in the country, Small and Medium Enterprises Development Authority(Smeda) is taking a number of initiatives for developing and promoting entrepreneurship particularly among the educated youth for ra
Published 23 Dec, 2014 12:00am
Upgradation of schools: Punjab government releases Rs 1.80 billion funds

Upgradation of schools: Punjab government releases Rs 1.80 billion funds

The Punjab government has released funds amounting to Rs 1.80 billion to district governments for up-gradation of government schools in the province, Provincial Minister for Education Rana Mashhood Ahmed Khan said here on Monday. He said District Co-ordin
Published 23 Dec, 2014 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 23 Dec, 2014 12:00am
Electricity being provided to farmers at subsidised rate: minister

Electricity being provided to farmers at subsidised rate: minister

Provincial Agriculture Minister Dr Farrukh Javed has said the government was providing electricity to the farmers at a flat rate of Rs 10.35 per unit to facilitate them. Presiding over a joint meeting of Kisan Ithad organisations, Wapda officials and chie
Published 23 Dec, 2014 12:00am
IMF says drop in oil prices to persist, help global growth

IMF says drop in oil prices to persist, help global growth

The recent drop in oil prices should persist, helping to boost global economic activity by up to 0.7 percentage points next year, two senior IMF economists wrote in a blog on Monday. Brent prices have fallen more than 46 percent since the year's peak in J
Published 23 Dec, 2014 12:00am
Tevta introducing 14 duration free demand-driven courses

Tevta introducing 14 duration free demand-driven courses

Technical And Vocational Training Authority (Tevta) is introducing three and six months' duration free demand driven courses from January 15, 2015. These 14 courses are being started at selected 159 Tevta Institutes across the province of the Punjab with
Published 23 Dec, 2014 12:00am
Nation stands united against terrorism: Siraj

Nation stands united against terrorism: Siraj

Ameer Jamaat-i-Islami Sirajul Haq has said that the entire nation stood united against terrorism and now it was the test of the rulers to achieve the goal of eradicating terrorism. According to a JI press release, Haq was talking to media men after a meet
Published 23 Dec, 2014 12:00am
LSE index up 78.38 points

LSE index up 78.38 points

Equities registered gains on the Lahore Stock Exchange (LSE) amid descending transaction volume on Monday. The LSE-25 index gained 78.38 points to close at 5874.57 against 5796.19 of Friday, while transaction volume was declined to 968,070 shares compared
Published 23 Dec, 2014 12:00am
LSE index up 78.38 points

LSE index up 78.38 points

Equities registered gains on the Lahore Stock Exchange (LSE) amid descending transaction volume on Monday. The LSE-25 index gained 78.38 points to close at 5874.57 against 5796.19 of Friday, while transaction volume was declined to 968,070 shares compared
Published 23 Dec, 2014 12:00am
ISE index rises by 113.68 points

ISE index rises by 113.68 points

Bulls dominated the proceedings at the Islamabad Stock Exchange (ISE) 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 113.68 points as the ISE Ten Index mov
Published 23 Dec, 2014 12:00am
ISE index rises by 113.68 points

ISE index rises by 113.68 points

Bulls dominated the proceedings at the Islamabad Stock Exchange (ISE) 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 113.68 points as the ISE Ten Index mov
Published 23 Dec, 2014 12:00am
Unproductive IPPs to be revived on take-and-pay tariff basis

Unproductive IPPs to be revived on take-and-pay tariff basis

The government is all set to approve a policy to revive short-term unproductive installed Independent Power Producers (IPPs) on the basis of take-and-pay tariff of Rs 13.6 per unit, well informed sources told Business Recorder. The short-term IPPs
Published 23 Dec, 2014 12:00am
Unproductive IPPs to be revived on take-and-pay tariff basis

Unproductive IPPs to be revived on take-and-pay tariff basis

The government is all set to approve a policy to revive short-term unproductive installed Independent Power Producers (IPPs) on the basis of take-and-pay tariff of Rs 13.6 per unit, well informed sources told Business Recorder. The short-term IPPs
Published 23 Dec, 2014 12:00am
Unproductive IPPs to be revived on take-and-pay tariff basis

Unproductive IPPs to be revived on take-and-pay tariff basis

The government is all set to approve a policy to revive short-term unproductive installed Independent Power Producers (IPPs) on the basis of take-and-pay tariff of Rs 13.6 per unit, well informed sources told Business Recorder. The short-term IPPs
Published 23 Dec, 2014 12:00am
BRIndex30 surges 271.57 points

BRIndex30 surges 271.57 points

On Monday, BRIndex30 opened at 17,034.91 points and remained positive throughout the trading session. It touched an intraday high of 17,376.58 points and an intraday low of 17,034.91 points and closed at 17,306.48 points which was 271.57 points or 1.59 pe
Published 23 Dec, 2014 12:00am
BRIndex30 surges 271.57 points

BRIndex30 surges 271.57 points

On Monday, BRIndex30 opened at 17,034.91 points and remained positive throughout the trading session. It touched an intraday high of 17,376.58 points and an intraday low of 17,034.91 points and closed at 17,306.48 points which was 271.57 points or 1.59 pe
Published 23 Dec, 2014 12:00am
Equities reassemble

Equities reassemble

The Karachi share market opened the week on a bullish note led by select scrips across-the-board and the benchmark KSE-100 index gained 480 points or some 1.5 percent to close at 31,491 points Monday compared to 31,011 points on Friday. Analysts said the
Published 23 Dec, 2014 12:00am
Equities reassemble

Equities reassemble

The Karachi share market opened the week on a bullish note led by select scrips across-the-board and the benchmark KSE-100 index gained 480 points or some 1.5 percent to close at 31,491 points Monday compared to 31,011 points on Friday. Analysts said the
Published 23 Dec, 2014 12:00am
Equities reassemble

Equities reassemble

The Karachi share market opened the week on a bullish note led by select scrips across-the-board and the benchmark KSE-100 index gained 480 points or some 1.5 percent to close at 31,491 points Monday compared to 31,011 points on Friday. Analysts said the
Published 23 Dec, 2014 12:00am
Court halts executions

Court halts executions

The Lahore High Court (LHC), Rawalpindi bench, on Monday halted the execution of death sentences awarded to five terrorists in an attack on an army camp in Gujrat in 2012. Ehsan Azeem, Asif Idrees, Aamir Yousaf, Kamran Aslam and Umer Nadeem were awarded d
Published 23 Dec, 2014 12:00am
Court halts executions

Court halts executions

The Lahore High Court (LHC), Rawalpindi bench, on Monday halted the execution of death sentences awarded to five terrorists in an attack on an army camp in Gujrat in 2012. Ehsan Azeem, Asif Idrees, Aamir Yousaf, Kamran Aslam and Umer Nadeem were awarded d
Published 23 Dec, 2014 12:00am
13 militants killed in Karachi

13 militants killed in Karachi

Police on Monday claimed to have killed 13 militants associated with banned Tehreek-e-Taliban Pakistan (TTP) and al Qaeda in Karachi. SSP Malir Rao Anwar said an "encounter" took place near Al-Asif Square, off Super Highway, where terrorists hurled a hand
Published 23 Dec, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (December 22, 2014).

Published 23 Dec, 2014 12:00am
13 militants killed in Karachi

13 militants killed in Karachi

Police on Monday claimed to have killed 13 militants associated with banned Tehreek-e-Taliban Pakistan (TTP) and al Qaeda in Karachi. SSP Malir Rao Anwar said an "encounter" took place near Al-Asif Square, off Super Highway, where terrorists hurled a hand
Published 23 Dec, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (December 22, 2014).

Published 23 Dec, 2014 12:00am
Afghan forces launch operation in areas bordering Pakistan

Afghan forces launch operation in areas bordering Pakistan

Afghan security forces have launched an operation against militants in an eastern province seen as a rear base for the Pakistani Taliban which carried out a school massacre last week, officials said Monday. Army chief met Afghan President Ashraf Ghani in
Published 23 Dec, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (December 22, 2014).

Published 23 Dec, 2014 12:00am
Afghan forces launch operation in areas bordering Pakistan

Afghan forces launch operation in areas bordering Pakistan

Afghan security forces have launched an operation against militants in an eastern province seen as a rear base for the Pakistani Taliban which carried out a school massacre last week, officials said Monday. Army chief met Afghan President Ashraf Ghani in
Published 23 Dec, 2014 12:00am
World currencies and euro

World currencies and euro

Value of the euro in terms of other world currencies as prevailing in the week ended Monday (December 22, 2014).
Published 23 Dec, 2014 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (December 22, 2014).

Published 23 Dec, 2014 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (December 22, 2014).
Published 23 Dec, 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 Monday (December 22, 2014).

Published 23 Dec, 2014 12:00am