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Print - 2015-01-22
The Weather

The Weather

The weather report on Wednesday (January 21, 2015) and the forecast for Thursday (January 22, 2015).

Published 22 Jan, 2015 12:00am
Provision of inaccurate data to TRC angers FBR chief

Provision of inaccurate data to TRC angers FBR chief

Chairman Federal Board of Revenue (FBR) Tariq Bajwa has shown displeasure over the negligence of tax officials, who provided inaccurate tax related data to the Tax Reforms Commission engaged in drafting new tax policy. In this regard, the FBR has issued i
Published 22 Jan, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (January 21, 2015).

Published 22 Jan, 2015 12:00am
Musharraf summoned by court

Musharraf summoned by court

An Additional District and Sessions' Judge in Islamabad Wednesday rejected a petition filed by former president General Pervez Musharraf (Retd), who had sought exemption from making appearance in the court in the Abdul Rasheed Ghazi murder case. Additiona
Published 22 Jan, 2015 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 22 Jan, 2015 12:00am
Musharraf summoned by court

Musharraf summoned by court

An Additional District and Sessions' Judge in Islamabad Wednesday rejected a petition filed by former president General Pervez Musharraf (Retd), who had sought exemption from making appearance in the court in the Abdul Rasheed Ghazi murder case. Additiona
Published 22 Jan, 2015 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 22 Jan, 2015 12:00am
Divorcing thrice on one occasion un-Islamic: CII

Divorcing thrice on one occasion un-Islamic: CII

The Council for Islamic Ideology on Wednesday ruled that a man divorcing his wife thrice on one occasion or at one time is non-Islamic, adding that this should be made an offense punishable by law. The council's chairman, Maulana Sherani, said that a man
Published 22 Jan, 2015 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (January 21, 2015).

Published 22 Jan, 2015 12:00am
Divorcing thrice on one occasion un-Islamic: CII

Divorcing thrice on one occasion un-Islamic: CII

The Council for Islamic Ideology on Wednesday ruled that a man divorcing his wife thrice on one occasion or at one time is non-Islamic, adding that this should be made an offense punishable by law. The council's chairman, Maulana Sherani, said that a man
Published 22 Jan, 2015 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Wednesday (January 21, 2015) and for Thursday (January 22, 2015).
Published 22 Jan, 2015 12:00am
Gulf states condemn attempted 'coup' in Yemen, back president

Gulf states condemn attempted 'coup' in Yemen, back president

Gulf foreign ministers on Wednesday accused Shia militia in Yemen of attempting to stage a "coup" against President Abdrabuh Mansur Hadi, a day after the Huthi fighters seized the presidential palace. "The states of the Gulf Co-operation Council consider
Published 22 Jan, 2015 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (January 21, 2015)

Published 22 Jan, 2015 12:00am
Gulf states condemn attempted 'coup' in Yemen, back president

Gulf states condemn attempted 'coup' in Yemen, back president

Gulf foreign ministers on Wednesday accused Shia militia in Yemen of attempting to stage a "coup" against President Abdrabuh Mansur Hadi, a day after the Huthi fighters seized the presidential palace. "The states of the Gulf Co-operation Council consider
Published 22 Jan, 2015 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (January 21, 2015).

Published 22 Jan, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (January 21, 2015).

Published 22 Jan, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (January 21, 2015).

Published 22 Jan, 2015 12:00am
Cuba, US see good first day of historic talks

Cuba, US see good first day of historic talks

US and Cuban officials launched historic talks to shed their Cold War-era hostility Wednesday, complimenting each other on the first day's progress despite persistent differences over migration policy. Each side described the first of two days of talks as
Published 22 Jan, 2015 12:00am
Cuba, US see good first day of historic talks

Cuba, US see good first day of historic talks

US and Cuban officials launched historic talks to shed their Cold War-era hostility Wednesday, complimenting each other on the first day's progress despite persistent differences over migration policy. Each side described the first of two days of talks as
Published 22 Jan, 2015 12:00am
LSE index declines by 92.33 points

LSE index declines by 92.33 points

Equities moved both ways on the Lahore Stock Exchange on Wednesday and finally settled in negative zone amid decreased trading turnover. The LSE-25 index was declined by 92.33 points to close at 6519.72 against 6612.05 of Tuesday while transaction volume
Published 22 Jan, 2015 12:00am
THE RUPEE: rates firm

THE RUPEE: rates firm

Steadier trend was seen on the local currency market on Wednesday as the rupee did not move sharply versus the dollar in the process of trading, dealers said. Some leading analysts said the rupee was struggling hard to resist fall and somehow it managed t
Published 22 Jan, 2015 12:00am
LSE index declines by 92.33 points

LSE index declines by 92.33 points

Equities moved both ways on the Lahore Stock Exchange on Wednesday and finally settled in negative zone amid decreased trading turnover. The LSE-25 index was declined by 92.33 points to close at 6519.72 against 6612.05 of Tuesday while transaction volume
Published 22 Jan, 2015 12:00am
THE RUPEE: rates firm

THE RUPEE: rates firm

Steadier trend was seen on the local currency market on Wednesday as the rupee did not move sharply versus the dollar in the process of trading, dealers said. Some leading analysts said the rupee was struggling hard to resist fall and somehow it managed t
Published 22 Jan, 2015 12:00am
ISE index surges by 22.59 points

ISE index surges by 22.59 points

Bulls dominated the proceedings at the Islamabad Stock Exchange (ISE) on Wednesday, 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 22.59 points as the ISE
Published 22 Jan, 2015 12:00am
ISE index surges by 22.59 points

ISE index surges by 22.59 points

Bulls dominated the proceedings at the Islamabad Stock Exchange (ISE) on Wednesday, 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 22.59 points as the ISE
Published 22 Jan, 2015 12:00am
Retail outlets: OMCs assure continued supply of petrol

Retail outlets: OMCs assure continued supply of petrol

All heads of the oil marketing companies (OMCs) on Wednesday assured in a review meeting on the latest situation of the petrol supply that they will ensure continued supply of petrol on their retail outlets. A review meeting on the latest situation of the
Published 22 Jan, 2015 12:00am
BRIndex30 up 208.13 points

BRIndex30 up 208.13 points

On Wednesday, BRIndex30 opened at 19,368.15 points and remained positive throughout the trading session. It touched an intraday high of 19,631.82 points and an intraday low of 19,373.31 points and closed at 19,576.28 points which was 208.13 points or 1.07
Published 22 Jan, 2015 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (January 21, 2015).

Published 22 Jan, 2015 12:00am
BRIndex30 up 208.13 points

BRIndex30 up 208.13 points

On Wednesday, BRIndex30 opened at 19,368.15 points and remained positive throughout the trading session. It touched an intraday high of 19,631.82 points and an intraday low of 19,373.31 points and closed at 19,576.28 points which was 208.13 points or 1.07
Published 22 Jan, 2015 12:00am
KSE stays bullish

KSE stays bullish

The Karachi share market kept its bullish momentum and hit another historic high Wednesday. Analysts attributed the day''s rally to investors'' positive expectations ahead of the State Bank''s discount rate announcement due Saturday and a favourable earni
Published 22 Jan, 2015 12:00am
KSE stays bullish

KSE stays bullish

The Karachi share market kept its bullish momentum and hit another historic high Wednesday. Analysts attributed the day's rally to investors' positive expectations ahead of the State Bank's discount rate announcement due Saturday and a favourable earnings
Published 22 Jan, 2015 12:00am
KSE stays bullish

KSE stays bullish

The Karachi share market kept its bullish momentum and hit another historic high Wednesday. Analysts attributed the day's rally to investors' positive expectations ahead of the State Bank's discount rate announcement due Saturday and a favourable earnings
Published 22 Jan, 2015 12:00am
Rs 183.5 billion released for PSDP so far

Rs 183.5 billion released for PSDP so far

Federal government has released Rs 183.5 billion for the Public Sector Development Programme (PSDP) so far, which is 35 percent of total allocation of Rs 525 billion of the Development Budget (2014-15). According to the latest data released by the Ministr
Published 22 Jan, 2015 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 22 Jan, 2015 12:00am
Rs 183.5 billion released for PSDP so far

Rs 183.5 billion released for PSDP so far

Federal government has released Rs 183.5 billion for the Public Sector Development Programme (PSDP) so far, which is 35 percent of total allocation of Rs 525 billion of the Development Budget (2014-15). According to the latest data released by the Ministr
Published 22 Jan, 2015 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 22 Jan, 2015 12:00am
Rs 183.5 billion released for PSDP so far

Rs 183.5 billion released for PSDP so far

Federal government has released Rs 183.5 billion for the Public Sector Development Programme (PSDP) so far, which is 35 percent of total allocation of Rs 525 billion of the Development Budget (2014-15). According to the latest data released by the Ministr
Published 22 Jan, 2015 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 22 Jan, 2015 12:00am
Oil plunge to cost GCC exporters $300 billion: IMF

Oil plunge to cost GCC exporters $300 billion: IMF

The plunge in the oil price will cost the powerful energy exporters of the Gulf Co-operation Council around $300 billion, threatening to send many into budget deficits, the IMF reported Wednesday.Of the major exporters of the GCC, the International Moneta
Published 22 Jan, 2015 12:00am
Oil plunge to cost GCC exporters $300 billion: IMF

Oil plunge to cost GCC exporters $300 billion: IMF

The plunge in the oil price will cost the powerful energy exporters of the Gulf Co-operation Council around $300 billion, threatening to send many into budget deficits, the IMF reported Wednesday.Of the major exporters of the GCC, the International Moneta
Published 22 Jan, 2015 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 22 Jan, 2015 12:00am
Oil plunge to cost GCC exporters $300 billion: IMF

Oil plunge to cost GCC exporters $300 billion: IMF

The plunge in the oil price will cost the powerful energy exporters of the Gulf Co-operation Council around $300 billion, threatening to send many into budget deficits, the IMF reported Wednesday.Of the major exporters of the GCC, the International Moneta
Published 22 Jan, 2015 12:00am
Oil plunge to cost GCC exporters $300 billion: IMF

Oil plunge to cost GCC exporters $300 billion: IMF

The plunge in the oil price will cost the powerful energy exporters of the Gulf Co-operation Council around $300 billion, threatening to send many into budget deficits, the IMF reported Wednesday.Of the major exporters of the GCC, the International Moneta
Published 22 Jan, 2015 12:00am
Prime Minister cancels visit

Prime Minister cancels visit

Due to domestic situation, Prime Minister Nawaz Sharif has decided to cancel his Switzerland visit where he was to attend World Economic Forum. Instead, the PM has called a meeting to review supply-demand situation of petroleum in the country for the next
Published 22 Jan, 2015 12:00am
Prime Minister cancels visit

Prime Minister cancels visit

Due to domestic situation, Prime Minister Nawaz Sharif has decided to cancel his Switzerland visit where he was to attend World Economic Forum. Instead, the PM has called a meeting to review supply-demand situation of petroleum in the country for the next
Published 22 Jan, 2015 12:00am
Top economists clash at Davos over ECB bond-buying

Top economists clash at Davos over ECB bond-buying

Top economists in Davos clashed on Wednesday over the impending decision by the ECB to buy up sovereign debt, an unprecedented measure to fight deflation that powerful Germany believes would merely allow overspending eurozone states to put off reforms. Eu
Published 22 Jan, 2015 12:00am
Top economists clash at Davos over ECB bond-buying

Top economists clash at Davos over ECB bond-buying

Top economists in Davos clashed on Wednesday over the impending decision by the ECB to buy up sovereign debt, an unprecedented measure to fight deflation that powerful Germany believes would merely allow overspending eurozone states to put off reforms. Eu
Published 22 Jan, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (January 21, 2015).

Published 22 Jan, 2015 12:00am
Top economists clash at Davos over ECB bond-buying

Top economists clash at Davos over ECB bond-buying

Top economists in Davos clashed on Wednesday over the impending decision by the ECB to buy up sovereign debt, an unprecedented measure to fight deflation that powerful Germany believes would merely allow overspending eurozone states to put off reforms. Eu
Published 22 Jan, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (January 21, 2015).

Published 22 Jan, 2015 12:00am
Top economists clash at Davos over ECB bond-buying

Top economists clash at Davos over ECB bond-buying

Top economists in Davos clashed on Wednesday over the impending decision by the ECB to buy up sovereign debt, an unprecedented measure to fight deflation that powerful Germany believes would merely allow overspending eurozone states to put off reforms. Eu
Published 22 Jan, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (January 21, 2015).

Published 22 Jan, 2015 12:00am
Obama shops vision of ''middle class economics''

Obama shops vision of ''middle class economics''

President Barack Obama hit the road Wednesday to sell his vision of a reinvigorated nation that embraces distributive "middle class economics", after a combative State of the Union address. Obama will head West to Idaho and Kansas, where he will reprise t
Published 22 Jan, 2015 12:00am
Obama shops vision of 'middle class economics'

Obama shops vision of 'middle class economics'

President Barack Obama hit the road Wednesday to sell his vision of a reinvigorated nation that embraces distributive "middle class economics", after a combative State of the Union address. Obama will head West to Idaho and Kansas, where he will reprise t
Published 22 Jan, 2015 12:00am
Obama shops vision of 'middle class economics'

Obama shops vision of 'middle class economics'

President Barack Obama hit the road Wednesday to sell his vision of a reinvigorated nation that embraces distributive "middle class economics", after a combative State of the Union address. Obama will head West to Idaho and Kansas, where he will reprise t
Published 22 Jan, 2015 12:00am
India warned against altering status of Kashmir

India warned against altering status of Kashmir

Adviser to the Prime Minister on National Security and Foreign Affairs Sartaj Aziz on Wednesday warned India against any move aimed at unilaterally altering the status of Kashmir and also reiterated the country's commitment to a meaningful, sustained and
Published 22 Jan, 2015 12:00am
India warned against altering status of Kashmir

India warned against altering status of Kashmir

Adviser to the Prime Minister on National Security and Foreign Affairs Sartaj Aziz on Wednesday warned India against any move aimed at unilaterally altering the status of Kashmir and also reiterated the country's commitment to a meaningful, sustained and
Published 22 Jan, 2015 12:00am
PPA with K-E: different options under consideration

PPA with K-E: different options under consideration

Ministry of Water and Power is said to be under immense domestic and the UAE pressure to continue 650MW supply to K-Electric (formerly KESC) from the national grid at subsidised rates, well informed sources in the Ministry told Business Recorder. P
Published 22 Jan, 2015 12:00am
PPA with K-E: different options under consideration

PPA with K-E: different options under consideration

Ministry of Water and Power is said to be under immense domestic and the UAE pressure to continue 650MW supply to K-Electric (formerly KESC) from the national grid at subsidised rates, well informed sources in the Ministry told Business Recorder. P
Published 22 Jan, 2015 12:00am
PPA with K-E: different options under consideration

PPA with K-E: different options under consideration

Ministry of Water and Power is said to be under immense domestic and the UAE pressure to continue 650MW supply to K-Electric (formerly KESC) from the national grid at subsidised rates, well informed sources in the Ministry told Business Recorder. P
Published 22 Jan, 2015 12:00am
Sindh Assembly Speaker accepts PTI MPAs' resignations

Sindh Assembly Speaker accepts PTI MPAs' resignations

In a major political development, Sindh Assembly on Wednesday became the first legislature to show the doors to all provincial lawmakers of Pakistan Tehreek-e-Insaf (PTI) when Speaker Agha Siraj Khan Durrani finally approved their resignations. The PTI la
Published 22 Jan, 2015 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (January 21, 2015).

Published 22 Jan, 2015 12:00am
Sindh Assembly Speaker accepts PTI MPAs' resignations

Sindh Assembly Speaker accepts PTI MPAs' resignations

In a major political development, Sindh Assembly on Wednesday became the first legislature to show the doors to all provincial lawmakers of Pakistan Tehreek-e-Insaf (PTI) when Speaker Agha Siraj Khan Durrani finally approved their resignations. The PTI la
Published 22 Jan, 2015 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (January 21, 2015).
Published 22 Jan, 2015 12:00am
Debt management strategy discussed

Debt management strategy discussed

Finance Minister Ishaq Dar on Wednesday chaired a briefing session to review the overall public debt situation in the country. The meeting discussed the present challenges and the future strategy regarding public debt, besides detailed discussion on ways
Published 22 Jan, 2015 12:00am
Debt management strategy discussed

Debt management strategy discussed

Finance Minister Ishaq Dar on Wednesday chaired a briefing session to review the overall public debt situation in the country. The meeting discussed the present challenges and the future strategy regarding public debt, besides detailed discussion on ways
Published 22 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 Wednesday (January 21, 2015).

Published 22 Jan, 2015 12:00am
Debt management strategy discussed

Debt management strategy discussed

Finance Minister Ishaq Dar on Wednesday chaired a briefing session to review the overall public debt situation in the country. The meeting discussed the present challenges and the future strategy regarding public debt, besides detailed discussion on ways
Published 22 Jan, 2015 12:00am
Debt management strategy discussed

Debt management strategy discussed

Finance Minister Ishaq Dar on Wednesday chaired a briefing session to review the overall public debt situation in the country. The meeting discussed the present challenges and the future strategy regarding public debt, besides detailed discussion on ways
Published 22 Jan, 2015 12:00am
Local IS commander arrested in Lahore?

Local IS commander arrested in Lahore?

Security forces have arrested a man they believe is the commander of the Islamic State group in the country as well as two accomplices involved in recruiting and sending fighters to Syria, intelligence sources said on Wednesday. Authorities in South Asia
Published 22 Jan, 2015 12:00am