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Print - 2015-01-14
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 14 Jan, 2015 12:00am
Joint statement: government underscores need for greater market access

Joint statement: government underscores need for greater market access

Pakistan and United States on Tuesday affirmed their commitment to a long-term and strong partnership between the two countries for peace, stability and prosperity of the region. In a joint statement, issued at the conclusion of the fifth Ministerial leve
Published 14 Jan, 2015 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 14 Jan, 2015 12:00am
BRIndex30 sheds 104.07 points

BRIndex30 sheds 104.07 points

On Tuesday, BRIndex30 opened at 18,850.16 points. It touched an intraday high of 18,870.41 points and an intraday low of 18,641.20 and closed at 18,746.09 points which was -104.07 points or -0.55 percent lower than previous close. Total volume was 148,877
Published 14 Jan, 2015 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 14 Jan, 2015 12:00am
BRIndex30 sheds 104.07 points

BRIndex30 sheds 104.07 points

On Tuesday, BRIndex30 opened at 18,850.16 points. It touched an intraday high of 18,870.41 points and an intraday low of 18,641.20 and closed at 18,746.09 points which was -104.07 points or -0.55 percent lower than previous close. Total volume was 148,877
Published 14 Jan, 2015 12:00am
Equities edge down

Equities edge down

Karachi stocks lost ground Tuesday weighed by spiralling crude oil slump on the international market. The day saw United Arab Emirates, a big contributor to Organisation of Petroleum Exporting Countries (Opec), putting its weight behind the group by refus
Published 14 Jan, 2015 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 14 Jan, 2015 12:00am
Equities edge down

Equities edge down

Karachi stocks lost ground Tuesday weighed by spiralling crude oil slump on the international market. The day saw United Arab Emirates, a big contributor to Organisation of Petroleum Exporting Countries (Opec), putting its weight behind the group by refus
Published 14 Jan, 2015 12:00am
Equities edge down

Equities edge down

Karachi stocks lost ground Tuesday weighed by spiralling crude oil slump on the international market. The day saw United Arab Emirates, a big contributor to Organisation of Petroleum Exporting Countries (Opec), putting its weight behind the group by refus
Published 14 Jan, 2015 12:00am
China 2014 trade surplus rockets to record high

China 2014 trade surplus rockets to record high

China''''s trade surplus soared by almost half last year to a record $382 billion, the government announced Tuesday, but the world''''s second-largest economy again missed its trade growth target due to weakness overseas. Exports increased 6.1 percent to
Published 14 Jan, 2015 12:00am
China 2014 trade surplus rockets to record high

China 2014 trade surplus rockets to record high

China''s trade surplus soared by almost half last year to a record $382 billion, the government announced Tuesday, but the world''s second-largest economy again missed its trade growth target due to weakness overseas. Exports increased 6.1 percent to $2.3
Published 14 Jan, 2015 12:00am
China 2014 trade surplus rockets to record high

China 2014 trade surplus rockets to record high

China's trade surplus soared by almost half last year to a record $382 billion, the government announced Tuesday, but the world's second-largest economy again missed its trade growth target due to weakness overseas. Exports increased 6.1 percent to $2.34
Published 14 Jan, 2015 12:00am
China 2014 trade surplus rockets to record high

China 2014 trade surplus rockets to record high

China's trade surplus soared by almost half last year to a record $382 billion, the government announced Tuesday, but the world's second-largest economy again missed its trade growth target due to weakness overseas. Exports increased 6.1 percent to $2.34
Published 14 Jan, 2015 12:00am
Sugar export: issue of rebate, freight subsidy to be reviewed: minister

Sugar export: issue of rebate, freight subsidy to be reviewed: minister

Commerce Minister Engineer Khurram Dastgir said on Tuesday that the issue of rebate and freight subsidy on export of 0.65 million tons of sugar extended to sugar mills will be reviewed in the light of situation recently witnessed in Sindh. Economic Co-ord
Published 14 Jan, 2015 12:00am
Sugar export: issue of rebate, freight subsidy to be reviewed: minister

Sugar export: issue of rebate, freight subsidy to be reviewed: minister

Commerce Minister Engineer Khurram Dastgir said on Tuesday that the issue of rebate and freight subsidy on export of 0.65 million tons of sugar extended to sugar mills will be reviewed in the light of situation recently witnessed in Sindh. Economic Co-ord
Published 14 Jan, 2015 12:00am
Sugar export: issue of rebate, freight subsidy to be reviewed: minister

Sugar export: issue of rebate, freight subsidy to be reviewed: minister

Commerce Minister Engineer Khurram Dastgir said on Tuesday that the issue of rebate and freight subsidy on export of 0.65 million tons of sugar extended to sugar mills will be reviewed in the light of situation recently witnessed in Sindh. Economic Co-ord
Published 14 Jan, 2015 12:00am
GDP growth likely to decelerate: World Bank

GDP growth likely to decelerate: World Bank

Pakistan''''s GDP growth is expected to decelerate in fiscal year 2015 as a result of simmering political tensions and the recovery would remain slow on account of persistent energy shortages and a troubled security situation, says the World Bank. The Wor
Published 14 Jan, 2015 12:00am
GDP growth likely to decelerate: World Bank

GDP growth likely to decelerate: World Bank

Pakistan''s GDP growth is expected to decelerate in fiscal year 2015 as a result of simmering political tensions and the recovery would remain slow on account of persistent energy shortages and a troubled security situation, says the World Bank. The World
Published 14 Jan, 2015 12:00am
GDP growth likely to decelerate: World Bank

GDP growth likely to decelerate: World Bank

Pakistan's GDP growth is expected to decelerate in fiscal year 2015 as a result of simmering political tensions and the recovery would remain slow on account of persistent energy shortages and a troubled security situation, says the World Bank. The World
Published 14 Jan, 2015 12:00am
GDP growth likely to decelerate: World Bank

GDP growth likely to decelerate: World Bank

Pakistan's GDP growth is expected to decelerate in fiscal year 2015 as a result of simmering political tensions and the recovery would remain slow on account of persistent energy shortages and a troubled security situation, says the World Bank. The World
Published 14 Jan, 2015 12:00am
TDPs, Fata project: US to provide $250 million

TDPs, Fata project: US to provide $250 million

United States will provide $250 million to Pakistan for shelter and resettlement of the Temporarily Displaced Persons (TDPs) of North Waziristan as well as reconstruction projects in Federally Administered Tribal Areas (FATA). This was agreed during talks
Published 14 Jan, 2015 12:00am
TDPs, Fata project: US to provide $250 million

TDPs, Fata project: US to provide $250 million

United States will provide $250 million to Pakistan for shelter and resettlement of the Temporarily Displaced Persons (TDPs) of North Waziristan as well as reconstruction projects in Federally Administered Tribal Areas (FATA). This was agreed during talks
Published 14 Jan, 2015 12:00am
TDPs, Fata project: US to provide $250 million

TDPs, Fata project: US to provide $250 million

United States will provide $250 million to Pakistan for shelter and resettlement of the Temporarily Displaced Persons (TDPs) of North Waziristan as well as reconstruction projects in Federally Administered Tribal Areas (FATA). This was agreed during talks
Published 14 Jan, 2015 12:00am
Seven convicts executed

Seven convicts executed

Seven condemned prisoners convicted in heinous crimes have been executed on Tuesday. According to a statement of Prime Minister Office, Mushtaq Ahmed s/o Imran Ahmed (attacked the presidential cavalcade in 2004), Nawazish Ali s/o Ali Muhammad (attacked th
Published 14 Jan, 2015 12:00am
Seven convicts executed

Seven convicts executed

Seven condemned prisoners convicted in heinous crimes have been executed on Tuesday. According to a statement of Prime Minister Office, Mushtaq Ahmed s/o Imran Ahmed (attacked the presidential cavalcade in 2004), Nawazish Ali s/o Ali Muhammad (attacked th
Published 14 Jan, 2015 12:00am
Terror groups must be fought equally, Kerry tells government

Terror groups must be fought equally, Kerry tells government

Describing militant outfits like Haqqani network, Lashkar-e-Taiba (LeT) and Taliban as threat not only to Pakistan but also to its neighbours, United States and the world at large, US Secretary of State John Kerry Tuesday said Washington is set to boost i
Published 14 Jan, 2015 12:00am
Terror groups must be fought equally, Kerry tells government

Terror groups must be fought equally, Kerry tells government

Describing militant outfits like Haqqani network, Lashkar-e-Taiba (LeT) and Taliban as threat not only to Pakistan but also to its neighbours, United States and the world at large, US Secretary of State John Kerry Tuesday said Washington is set to boost i
Published 14 Jan, 2015 12:00am
CSF support must continue, US told

CSF support must continue, US told

"We expect our defence forces to remain engaged in counterterrorism operations for some time in the foreseeable future," said foreign affairs adviser Sartaj Aziz. "Continuation of Coalition Support Fund reimbursements are therefore a valuable support that
Published 14 Jan, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (January 13, 2015).

Published 14 Jan, 2015 12:00am
CSF support must continue, US told

CSF support must continue, US told

"We expect our defence forces to remain engaged in counterterrorism operations for some time in the foreseeable future," said foreign affairs adviser Sartaj Aziz. "Continuation of Coalition Support Fund reimbursements are therefore a valuable support that
Published 14 Jan, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (January 13, 2015).

Published 14 Jan, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (January 13, 2015).

Published 14 Jan, 2015 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (January 13, 2015).

Published 14 Jan, 2015 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (January 13, 2015).
Published 14 Jan, 2015 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 Tuesday (January 13, 2015).

Published 14 Jan, 2015 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Tuesday (January 13, 2015).

Published 14 Jan, 2015 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Tuesday (January 13, 2015).

Published 14 Jan, 2015 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (January 13, 2015).

Published 14 Jan, 2015 12:00am
Barclays bid rates and maximum rates for payment of interest

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 14 Jan, 2015 12:00am
State Bank of Pakistan conversion rates

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 14 Jan, 2015 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 14 Jan, 2015 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 14 Jan, 2015 12:00am
Daily trading report of PMEX

Daily trading report of PMEX

On Monday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 2.110 billion as compared to PKR 1.459 billion reported on Monday, an increase of 45 percent. The number of lots traded also increased by 16 percent to 10,520 from 9,078. PMEX Commodity
Published 14 Jan, 2015 12:00am
Canadian canola futures fall

Canadian canola futures fall

ICE Canadian canola futures dipped on Monday after the US government forecast record-large global supplies. The harvest pushed US soybean stocks as of December 1 to 2.524 billion bushels, according to the US Department of Agriculture, up from 2.154 billio
Published 14 Jan, 2015 12:00am
US Midwest corn bids mixed

US Midwest corn bids mixed

Spot corn bids were mixed around the US Midwest on Monday after the US government released key crop data, dealers said. Farmers sold early before the reports were released. An Illinois grain merchant noted very light farmer sales after the reports were re
Published 14 Jan, 2015 12:00am
US FOB Gulf soyabean basis slightly firmer

US FOB Gulf soyabean basis slightly firmer

US FOB Gulf soyabean basis values for January-February loadings were slightly firmer after the close on Monday as futures dove after USDA raised its projections of US and Brazilian production as well as global end stocks, traders said. Corn basis offers w
Published 14 Jan, 2015 12:00am
CBOT wheat futures fall

CBOT wheat futures fall

US wheat futures fell on Monday after the US Agriculture Department raised its forecasts of US and world wheat ending stocks above trade expectations, traders said. Chicago Board of Trade March wheat touched a six-week low at $5.54, matching its 100-day m
Published 14 Jan, 2015 12:00am
Activity at Karachi & Qasim ports

Activity at Karachi & Qasim ports

The Karachi Port handled 83,295 tonnes of cargo comprising 58,646 tonnes of import cargo and 24,649 tonnes of export cargo including 1,967 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday. The total import cargo of 58,6
Published 14 Jan, 2015 12:00am
Oil cake market rates

Oil cake market rates

The January vaida was higher and the March contract did not move any side on the forward cottonseed oilcake market on Tuesday in the process of trading, dealers said. The January contract closed at Rs 1568.00 on Monday and it opened with 20 paisa gain at
Published 14 Jan, 2015 12:00am
Moong, Super Basmati rates slide on grain market

Moong, Super Basmati rates slide on grain market

Moong prices were sharply down on the wholesale grain market on Tuesday in the process of trading, dealers said. On the cereals side, Moong Punjab lost Rs 250 to Rs 12750, Moong Afghan dropped the same amount to Rs 13250, Masoor Canada, however, low quali
Published 14 Jan, 2015 12:00am
Poland says may cut January 22 bond sale to 8 billion zloty

Poland says may cut January 22 bond sale to 8 billion zloty

Poland will reduce the size of a January 22 bond auction if investors take up all the bonds offered at a tender this week, the head of the finance ministry's public debt department said on Tuesday. The finance ministry had earlier said it would offer betw
Published 14 Jan, 2015 12:00am
Poland says may cut January 22 bond sale to 8 billion zloty

Poland says may cut January 22 bond sale to 8 billion zloty

Poland will reduce the size of a January 22 bond auction if investors take up all the bonds offered at a tender this week, the head of the finance ministry's public debt department said on Tuesday. The finance ministry had earlier said it would offer betw
Published 14 Jan, 2015 12:00am
Czech car output hits record 1.25 million in 2014

Czech car output hits record 1.25 million in 2014

Czech car production rose 10.5 percent to a record 1.25 million vehicles in 2014 as markets in Europe and further afield recovered, an industry association said on Tuesday, adding output would remain high this year. The growth has helped underpin the cent
Published 14 Jan, 2015 12:00am
Morrisons ditches CEO after Christmas sales fall

Morrisons ditches CEO after Christmas sales fall

Britain's crisis-hit supermarket sector claimed its first scalp of the year on Tuesday, as Wm Morrison ousted chief executive Dalton Philips following another plunge in Christmas sales at the country's fourth-largest grocer. Morrisons said it would almost
Published 14 Jan, 2015 12:00am
Kazakh 2014 industrial output slows on lower oil

Kazakh 2014 industrial output slows on lower oil

Kazakhstan's industrial output growth slowed to 0.2 percent last year from 2.3 percent in 2013 due mainly to lower production of its key commodities, oil and copper, the Statistics Committee said on Tuesday. The Kazakh government had forecast that industr
Published 14 Jan, 2015 12:00am
OMV aims to boost Yemen output if conditions allow: executive

OMV aims to boost Yemen output if conditions allow: executive

Austrian energy group OMV and its partners aim to boost oil output from Yemen by 50 percent if conditions allow, a senior executive told Reuters on Tuesday. Erwin Kroell, senior vice president for the Middle East and Caspian, said plans to raise productio
Published 14 Jan, 2015 12:00am
Hyundai Motor executives fail to sell $1.25 billion affiliate shares

Hyundai Motor executives fail to sell $1.25 billion affiliate shares

Hyundai Motor Co on Tuesday said its chairman and his son failed to sell about $1.25 billion worth of shares in affiliate Hyundai Glovis, thwarting a succession move at South Korea's second-biggest family-owned conglomerate. The size of the sale spooked i
Published 14 Jan, 2015 12:00am
Hyundai Motor executives fail to sell $1.25 billion affiliate shares

Hyundai Motor executives fail to sell $1.25 billion affiliate shares

Hyundai Motor Co on Tuesday said its chairman and his son failed to sell about $1.25 billion worth of shares in affiliate Hyundai Glovis, thwarting a succession move at South Korea's second-biggest family-owned conglomerate. The size of the sale spooked i
Published 14 Jan, 2015 12:00am
Nigeria's December inflation up only slightly at eight percent

Nigeria's December inflation up only slightly at eight percent

Nigeria's inflation rate was only marginally up at 8 percent in December, completing a second year in single digits despite a sharp fall in the naira currency following a devaluation. The figure compared with compared with 7.9 percent the previous month.
Published 14 Jan, 2015 12:00am
Slowdown, US problems prompt Philips profit warning

Slowdown, US problems prompt Philips profit warning

Philips warned on Tuesday that fourth-quarter earnings would be worse than expected because of the lengthy closure of a manufacturing plant in Cleveland, Ohio and a slowdown in some of its major markets. The latest profit warning from the Dutch industrial
Published 14 Jan, 2015 12:00am
Slowdown, US problems prompt Philips profit warning

Slowdown, US problems prompt Philips profit warning

Philips warned on Tuesday that fourth-quarter earnings would be worse than expected because of the lengthy closure of a manufacturing plant in Cleveland, Ohio and a slowdown in some of its major markets. The latest profit warning from the Dutch industrial
Published 14 Jan, 2015 12:00am
MetLife to sue regulators over 'systemic' tag

MetLife to sue regulators over 'systemic' tag

MetLife said it would file on Tuesday a lawsuit against regulators subjecting it to tougher oversight, challenging their verdict the firm harbours enough risk to endanger the financial system in a crisis. The company, the largest US life insurer, unsucces
Published 14 Jan, 2015 12:00am
MetLife to sue regulators over 'systemic' tag

MetLife to sue regulators over 'systemic' tag

MetLife said it would file on Tuesday a lawsuit against regulators subjecting it to tougher oversight, challenging their verdict the firm harbours enough risk to endanger the financial system in a crisis. The company, the largest US life insurer, unsucces
Published 14 Jan, 2015 12:00am
US to back $2 billion in loan guarantees for Ukraine

US to back $2 billion in loan guarantees for Ukraine

The United States plans to provide up to $2 billion in loan guarantees to Ukraine this year, the US Treasury said on Tuesday, as part of a broader international package to stave off bankruptcy. Like other major donors to the country, Treasury said the gua
Published 14 Jan, 2015 12:00am