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Mar 14, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2014-12-24
Appellate Bench remands insider trading case to SECP

Appellate Bench remands insider trading case to SECP

An Appellate Bench of the Securities and Exchange Commission of Pakistan (SECP) has remanded the case of insider trading to the SECP investigators, to ascertain whether a private limited company disclosed financial results before its public dissemination,
Published 24 Dec, 2014 12:00am
Ministry yet to upload LoI

Ministry yet to upload LoI

Finance Ministry is yet to upload on its website a Letter of Intent (LoI) submitted to the International Monetary Fund (IMF) for securing fourth and fifth instalments' US $1.05 billion under Extended Fund Facility (EFF). The LoI and report, however, were
Published 24 Dec, 2014 12:00am
Ministry yet to upload LoI

Ministry yet to upload LoI

Finance Ministry is yet to upload on its website a Letter of Intent (LoI) submitted to the International Monetary Fund (IMF) for securing fourth and fifth instalments'' US $1.05 billion under Extended Fund Facility (EFF). The LoI and report, however, were
Published 24 Dec, 2014 12:00am
Ministry yet to upload LoI

Ministry yet to upload LoI

Finance Ministry is yet to upload on its website a Letter of Intent (LoI) submitted to the International Monetary Fund (IMF) for securing fourth and fifth instalments'''' US $1.05 billion under Extended Fund Facility (EFF). The LoI and report, however, we
Published 24 Dec, 2014 12:00am
Opec won't cut output even at $20 a barrel: Saudi Arabia

Opec won't cut output even at $20 a barrel: Saudi Arabia

Opec will not cut oil production even if the price drops to $20 a barrel and it is unfair to expect the cartel to reduce output if non-members do not, Saudi Arabia said. "Whether it goes down to $20 a barrel, $40, $50, $60, it is irrelevant," the kingdom'
Published 24 Dec, 2014 12:00am
Opec won't cut output even at $20 a barrel: Saudi Arabia

Opec won't cut output even at $20 a barrel: Saudi Arabia

Opec will not cut oil production even if the price drops to $20 a barrel and it is unfair to expect the cartel to reduce output if non-members do not, Saudi Arabia said. "Whether it goes down to $20 a barrel, $40, $50, $60, it is irrelevant," the kingdom'
Published 24 Dec, 2014 12:00am
Opec won''t cut output even at $20 a barrel: Saudi Arabia

Opec won''t cut output even at $20 a barrel: Saudi Arabia

Opec will not cut oil production even if the price drops to $20 a barrel and it is unfair to expect the cartel to reduce output if non-members do not, Saudi Arabia said. "Whether it goes down to $20 a barrel, $40, $50, $60, it is irrelevant," the kingdom'
Published 24 Dec, 2014 12:00am
KSE gains a foothold

KSE gains a foothold

Stocks maintained an upward trend on the second trading day in row Tuesday and the benchmark KSE-100 index gained another 259 points to close at 31,750 points compared to 31,491 points Monday. Fahad Hussain Khan, an analyst at Adam Securities, said stocks
Published 24 Dec, 2014 12:00am
KSE gains a foothold

KSE gains a foothold

Stocks maintained an upward trend on the second trading day in row Tuesday and the benchmark KSE-100 index gained another 259 points to close at 31,750 points compared to 31,491 points Monday. Fahad Hussain Khan, an analyst at Adam Securities, said stocks
Published 24 Dec, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (December 23, 2014).

Published 24 Dec, 2014 12:00am
KSE gains a foothold

KSE gains a foothold

Stocks maintained an upward trend on the second trading day in row Tuesday and the benchmark KSE-100 index gained another 259 points to close at 31,750 points compared to 31,491 points Monday. Fahad Hussain Khan, an analyst at Adam Securities, said stocks
Published 24 Dec, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (December 23, 2014).

Published 24 Dec, 2014 12:00am
BRIndex30 gains 245.11 points

BRIndex30 gains 245.11 points

On Tuesday, BRIndex30 opened at 17,306.48 points and remained positive throughout the trading session. It touched an intraday high of 17,557.37 points and an intraday low of 17,335.76 points and closed at 17,551.59 points which was 245.11 points or 1.42 p
Published 24 Dec, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (December 23, 2014).

Published 24 Dec, 2014 12:00am
BRIndex30 gains 245.11 points

BRIndex30 gains 245.11 points

On Tuesday, BRIndex30 opened at 17,306.48 points and remained positive throughout the trading session. It touched an intraday high of 17,557.37 points and an intraday low of 17,335.76 points and closed at 17,551.59 points which was 245.11 points or 1.42 p
Published 24 Dec, 2014 12:00am
Treason trial: special court restrained

Treason trial: special court restrained

Islamabad High Court (IHC) on Tuesday stayed the verdict issued by a special court on November 21 and restrained the court from hearing treason case against former president General Pervez Musharraf (Retd). The special court in its verdict directed the go
Published 24 Dec, 2014 12:00am
Treason trial: special court restrained

Treason trial: special court restrained

Islamabad High Court (IHC) on Tuesday stayed the verdict issued by a special court on November 21 and restrained the court from hearing treason case against former president General Pervez Musharraf (Retd). The special court in its verdict directed the go
Published 24 Dec, 2014 12:00am
Generals of three armies give birth to a new hope

Generals of three armies give birth to a new hope

Pakistan, Afghanistan and ISAF (International Security Assistance Force) have agreed to eliminate the outlawed Tehreek-e-Taliban Pakistan (TTP) through co-ordinated military actions in their respective areas of control in the wake of the Peshawar massacre
Published 24 Dec, 2014 12:00am
Generals of three armies give birth to a new hope

Generals of three armies give birth to a new hope

Pakistan, Afghanistan and ISAF (International Security Assistance Force) have agreed to eliminate the outlawed Tehreek-e-Taliban Pakistan (TTP) through co-ordinated military actions in their respective areas of control in the wake of the Peshawar massacre
Published 24 Dec, 2014 12:00am
Parliamentarians bicker over military courts, madrasa reforms

Parliamentarians bicker over military courts, madrasa reforms

A special parliamentary committee formed to chalk out a comprehensive 'National Action Plan' to counter terrorism Tuesday expressed complete consensus over most of the recommendations presented by joint experts group. But there was no general agreement ov
Published 24 Dec, 2014 12:00am
Parliamentarians bicker over military courts, madrasa reforms

Parliamentarians bicker over military courts, madrasa reforms

A special parliamentary committee formed to chalk out a comprehensive 'National Action Plan' to counter terrorism Tuesday expressed complete consensus over most of the recommendations presented by joint experts group. But there was no general agreement ov
Published 24 Dec, 2014 12:00am
Agencies searching for ex-cellular company employee

Agencies searching for ex-cellular company employee

The law-enforcement agencies are searching for a former employee of a cellular company who had issued five SIMs [Subscriber Identity Modules] on a woman's name from southern Punjab and those SIMs were used by terrorists in the Peshawar school attack. This
Published 24 Dec, 2014 12:00am
Agencies searching for ex-cellular company employee

Agencies searching for ex-cellular company employee

The law-enforcement agencies are searching for a former employee of a cellular company who had issued five SIMs [Subscriber Identity Modules] on a woman's name from southern Punjab and those SIMs were used by terrorists in the Peshawar school attack. This
Published 24 Dec, 2014 12:00am
Action plan to be finalised at APC today

Action plan to be finalised at APC today

Prime Minister Nawaz Sharif has convened an All-Party Conference (APC) of political parties in the Parliament today (Wednesday) to finalise his government's anti-terror plan for eradication of extremism/ terrorism from the country. On Tuesday, a high-leve
Published 24 Dec, 2014 12:00am
Action plan to be finalised at APC today

Action plan to be finalised at APC today

Prime Minister Nawaz Sharif has convened an All-Party Conference (APC) of political parties in the Parliament today (Wednesday) to finalise his government's anti-terror plan for eradication of extremism/ terrorism from the country. On Tuesday, a high-leve
Published 24 Dec, 2014 12:00am
LSE index up by 116.7 points

LSE index up by 116.7 points

Bulls returned to the driving seat at the Lahore Stock Exchange (LSE) on Tuesday where gainers outclassed losers amid ascending transaction volume. The LSE-25 index moved up to 6003.27 points against 5886.57 points of Monday, showing an increment of 116.7
Published 24 Dec, 2014 12:00am
LSE index up by 116.7 points

LSE index up by 116.7 points

Bulls returned to the driving seat at the Lahore Stock Exchange (LSE) on Tuesday where gainers outclassed losers amid ascending transaction volume. The LSE-25 index moved up to 6003.27 points against 5886.57 points of Monday, showing an increment of 116.7
Published 24 Dec, 2014 12:00am
North Korea's Internet down again: US experts

North Korea's Internet down again: US experts

North Korea's connections to the Internet were cut for the second day running Tuesday, according to a US Internet research group that has been tracking the country's struggle to stay online. Dyn Research said North Korea's four online networks, all suppli
Published 24 Dec, 2014 12:00am
North Korea's Internet down again: US experts

North Korea's Internet down again: US experts

North Korea's connections to the Internet were cut for the second day running Tuesday, according to a US Internet research group that has been tracking the country's struggle to stay online. Dyn Research said North Korea's four online networks, all suppli
Published 24 Dec, 2014 12:00am
ISE index improves by 38.71 points

ISE index improves by 38.71 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 38.71 points as the ISE Te
Published 24 Dec, 2014 12:00am
ISE index improves by 38.71 points

ISE index improves by 38.71 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 38.71 points as the ISE Te
Published 24 Dec, 2014 12:00am
Outraging Russia, Ukraine takes big step toward Nato

Outraging Russia, Ukraine takes big step toward Nato

Ukraine took a historic step toward Nato on Tuesday in a parliamentary vote that stoked Russia's anger ahead of talks on ending the ex-Soviet state's separatist war. Lawmakers in the government-controlled chamber overwhelmingly adopted a bill dropping Ukr
Published 24 Dec, 2014 12:00am
Outraging Russia, Ukraine takes big step toward Nato

Outraging Russia, Ukraine takes big step toward Nato

Ukraine took a historic step toward Nato on Tuesday in a parliamentary vote that stoked Russia's anger ahead of talks on ending the ex-Soviet state's separatist war. Lawmakers in the government-controlled chamber overwhelmingly adopted a bill dropping Ukr
Published 24 Dec, 2014 12:00am
Vadiyya Khalil new chairperson of CCP

Vadiyya Khalil new chairperson of CCP

The federal government has appointed Vadiyya Khalil as Chairperson of the Competition Commission of Pakistan (CCP) for a period of three years with immediate effect. In this regard, Finance Division has issued a notification here on Tuesday. Vadiyya Khali
Published 24 Dec, 2014 12:00am
Vadiyya Khalil new chairperson of CCP

Vadiyya Khalil new chairperson of CCP

The federal government has appointed Vadiyya Khalil as Chairperson of the Competition Commission of Pakistan (CCP) for a period of three years with immediate effect. In this regard, Finance Division has issued a notification here on Tuesday. Vadiyya Khali
Published 24 Dec, 2014 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 24 Dec, 2014 12:00am
Vadiyya Khalil new chairperson of CCP

Vadiyya Khalil new chairperson of CCP

The federal government has appointed Vadiyya Khalil as Chairperson of the Competition Commission of Pakistan (CCP) for a period of three years with immediate effect. In this regard, Finance Division has issued a notification here on Tuesday. Vadiyya Khali
Published 24 Dec, 2014 12:00am
IFC injects Rs 6.6 billion equity into Bank Alfalah

IFC injects Rs 6.6 billion equity into Bank Alfalah

The International Finance Corporation (IFC) has made an equity investment of Rs 6.66 billion in Bank Alfalah Limited. Earlier this year, the IFC, a member of the World Bank Group, evinced interest in investing in Bank Alfalah Limited (BAFL) and in May 201
Published 24 Dec, 2014 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 24 Dec, 2014 12:00am
IFC injects Rs 6.6 billion equity into Bank Alfalah

IFC injects Rs 6.6 billion equity into Bank Alfalah

The International Finance Corporation (IFC) has made an equity investment of Rs 6.66 billion in Bank Alfalah Limited. Earlier this year, the IFC, a member of the World Bank Group, evinced interest in investing in Bank Alfalah Limited (BAFL) and in May 201
Published 24 Dec, 2014 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 24 Dec, 2014 12:00am
IFC injects Rs 6.6 billion equity into Bank Alfalah

IFC injects Rs 6.6 billion equity into Bank Alfalah

The International Finance Corporation (IFC) has made an equity investment of Rs 6.66 billion in Bank Alfalah Limited. Earlier this year, the IFC, a member of the World Bank Group, evinced interest in investing in Bank Alfalah Limited (BAFL) and in May 201
Published 24 Dec, 2014 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 24 Dec, 2014 12:00am
IFC injects Rs 6.6 billion equity into Bank Alfalah

IFC injects Rs 6.6 billion equity into Bank Alfalah

The International Finance Corporation (IFC) has made an equity investment of Rs 6.66 billion in Bank Alfalah Limited. Earlier this year, the IFC, a member of the World Bank Group, evinced interest in investing in Bank Alfalah Limited (BAFL) and in May 201
Published 24 Dec, 2014 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 24 Dec, 2014 12:00am
Dr Waqar made CEO PDFL

Dr Waqar made CEO PDFL

The first meeting of the Pakistan Development Fund Ltd (PDFL), Board of Directors was held here on Tuesday with Federal Minister for Finance Ishaq Dar who was presiding over the meeting as Chairman of the Company. The inaugural meeting inter alia consider
Published 24 Dec, 2014 12:00am
Presentation

Presentation

Presentation at KSE auditorium (only for members and an authorised employee of the members).

Published 24 Dec, 2014 12:00am
Dr Waqar made CEO PDFL

Dr Waqar made CEO PDFL

The first meeting of the Pakistan Development Fund Ltd (PDFL), Board of Directors was held here on Tuesday with Federal Minister for Finance Ishaq Dar who was presiding over the meeting as Chairman of the Company. The inaugural meeting inter alia consider
Published 24 Dec, 2014 12:00am
Dr Waqar made CEO PDFL

Dr Waqar made CEO PDFL

The first meeting of the Pakistan Development Fund Ltd (PDFL), Board of Directors was held here on Tuesday with Federal Minister for Finance Ishaq Dar who was presiding over the meeting as Chairman of the Company. The inaugural meeting inter alia consider
Published 24 Dec, 2014 12:00am
Dr Waqar made CEO PDFL

Dr Waqar made CEO PDFL

The first meeting of the Pakistan Development Fund Ltd (PDFL), Board of Directors was held here on Tuesday with Federal Minister for Finance Ishaq Dar who was presiding over the meeting as Chairman of the Company. The inaugural meeting inter alia consider
Published 24 Dec, 2014 12:00am
Six bodies found in Mohmand Agency

Six bodies found in Mohmand Agency

At least six bodies were found in Mohmand Agency on Tuesday. According to political administration, the identities of the bodies were not confirmed yet. The cause of deaths was not still ascertained.
Published 24 Dec, 2014 12:00am
Successful completion of USAID Firms Project commemorated

Successful completion of USAID Firms Project commemorated

Acting Deputy Chief of Mission, Brian Aggeler, joined Commissioner of the Securities and Exchange Commission of Pakistan Akif Saeed, Board of Investment Chairman Miftah Ismail and other officials to commemorate the successful completion of the United Stat
Published 24 Dec, 2014 12:00am
Meezan Bank ranked top Islamic bank in Pakistan

Meezan Bank ranked top Islamic bank in Pakistan

In a special report on "Top Islamic Financial Institutions" published by renowned international magazine 'The Banker', being published from the UK, Meezan Bank is ranked as the top Islamic Bank in Pakistan. This ranking was given to Meezan in recognition
Published 24 Dec, 2014 12:00am
Privatisation of eight PSEs in CY15 likely

Privatisation of eight PSEs in CY15 likely

The government has submitted a privatisation plan for eight Public Sector Entities (PSEs) to the International Monetary Fund (IMF) which it expects to execute in 2015.
Published 24 Dec, 2014 12:00am
Government missed performance criteria: IMF

Government missed performance criteria: IMF

Pakistan missed two end-June and three end-September performance criteria under the $6.4 billion Extended Fund Facility (EFF), according to the fourth and fifth staff review by International Monetary Fund (IMF) released on its website early Tuesday.
Published 24 Dec, 2014 12:00am
Double pension arrears: Punjab AG & FS asked to submit payment plan

Double pension arrears: Punjab AG & FS asked to submit payment plan

Ombudsman Punjab Javed Mahmood has directed Accountant General Punjab and Secretary Finance Punjab to provide a copy of the plan devised for payment of arrears of double pension to pensioners above the age of 75 years and arrangements made for the purpose
Published 24 Dec, 2014 12:00am
World Bank delegation visits PIEDMC

World Bank delegation visits PIEDMC

A World Bank delegation visited Punjab Industrial Estate Management & Development Company (PIEDMC) the other day to discuss the quality of services and other projects. PIEDMC is getting assistance from the World Bank on its services to the potential domes
Published 24 Dec, 2014 12:00am
World Bank delegation visits PIEDMC

World Bank delegation visits PIEDMC

A World Bank delegation visited Punjab Industrial Estate Management & Development Company (PIEDMC) the other day to discuss the quality of services and other projects. PIEDMC is getting assistance from the World Bank on its services to the potential domes
Published 24 Dec, 2014 12:00am
Turkish team visits UVAS

Turkish team visits UVAS

A Turkish delegation Consultants and Experts for the project of in future establishment of a new university named "Cholistan University of Veterinary and Animal Sciences" at Bahawalpur visited the University of Veterinary and Animal Sciences (UVAS) Lahore
Published 24 Dec, 2014 12:00am
'Quality education can help wipe out terrorism, unemployment'

'Quality education can help wipe out terrorism, unemployment'

Punjab Finance Minister Mujtaba Shuja-ur-Rehman has said that terrorism and unemployment can be wiped out through promotion of quality education. Addressing the delegations of youth here on Tuesday, the Minister said there is a need to utilise national re
Published 24 Dec, 2014 12:00am
TCKP-USAID finalise tourism policy

TCKP-USAID finalise tourism policy

The Tourism Corporation Khyber Pakhtunkhwa (TCKP) in collaboration with the United States Agency for Development (USAID) has finalised tourism policy for the province, which will be made public in January 2015. To this effect, an important meeting was hel
Published 24 Dec, 2014 12:00am
All set to celebrate Christmas festival tomorrow

All set to celebrate Christmas festival tomorrow

The Christian community across the country is all set to celebrate the grand festival of Christmas on Thursday with traditional religious enthusiasm as the preparations have drawn to a close. Special services and functions would be held at all churches in
Published 24 Dec, 2014 12:00am
Government's decision to increase Umrah fare slammed

Government's decision to increase Umrah fare slammed

The business community has strongly criticised PIA's decision to increase Umrah fare despite bringing down the petrol prices at the lowest ebb in the international market. They said that PIA has increased the fare by Rs 8000. Now it was charging Rs 76,000
Published 24 Dec, 2014 12:00am
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