News Archives for Print - 2015-02-18 - Business Recorder

AIRLINK 136.59 ▲ 9.32 (7.32%)

BOP 9.12 ▲ 0.44 (5.07%)

CNERGY 6.42 ▲ 0.70 (12.24%)

CPHL 64.66 ▼ -2.44 (-3.64%)

FCCL 41.55 ▲ 1.69 (4.24%)

FFL 13.04 ▲ 0.83 (6.8%)

FLYNG 33.77 ▲ 2.37 (7.55%)

HUBC 125.77 ▲ 6.77 (5.69%)

HUMNL 11.40 ▼ -0.04 (-0.35%)

KEL 4.01 ▲ 0.09 (2.3%)

KOSM 3.99 ▲ 0.05 (1.27%)

MLCF 63.32 ▲ 2.45 (4.02%)

OGDC 184.55 ▲ 5.16 (2.88%)

PACE 4.42 ▲ 0.43 (10.78%)

PAEL 40.22 ▲ 3.21 (8.67%)

PIAHCLA 12.23 ▼ -1.35 (-9.94%)

PIBTL 7.62 ▲ 0.52 (7.32%)

POWER 13.87 ▲ 0.46 (3.43%)

PPL 138.86 ▲ 6.95 (5.27%)

PRL 24.56 ▲ 0.30 (1.24%)

PTC 17.54 ▲ 0.11 (0.63%)

SEARL 68.24 ▲ 1.59 (2.39%)

SSGC 27.69 ▼ -1.53 (-5.24%)

SYM 12.68 ▲ 0.51 (4.19%)

TELE 5.94 ▲ 0.34 (6.07%)

TPLP 7.00 ▲ 0.25 (3.7%)

TRG 56.27 ▲ 3.14 (5.91%)

WAVESAPP 7.94 ▲ 0.20 (2.58%)

WTL 1.16 ▲ 0.06 (5.45%)

YOUW 3.21 ▲ 0.12 (3.88%)

AIRLINK 136.59 ▲ 9.32 (7.32%)

BOP 9.12 ▲ 0.44 (5.07%)

CNERGY 6.42 ▲ 0.70 (12.24%)

CPHL 64.66 ▼ -2.44 (-3.64%)

FCCL 41.55 ▲ 1.69 (4.24%)

FFL 13.04 ▲ 0.83 (6.8%)

FLYNG 33.77 ▲ 2.37 (7.55%)

HUBC 125.77 ▲ 6.77 (5.69%)

HUMNL 11.40 ▼ -0.04 (-0.35%)

KEL 4.01 ▲ 0.09 (2.3%)

KOSM 3.99 ▲ 0.05 (1.27%)

MLCF 63.32 ▲ 2.45 (4.02%)

OGDC 184.55 ▲ 5.16 (2.88%)

PACE 4.42 ▲ 0.43 (10.78%)

PAEL 40.22 ▲ 3.21 (8.67%)

PIAHCLA 12.23 ▼ -1.35 (-9.94%)

PIBTL 7.62 ▲ 0.52 (7.32%)

POWER 13.87 ▲ 0.46 (3.43%)

PPL 138.86 ▲ 6.95 (5.27%)

PRL 24.56 ▲ 0.30 (1.24%)

PTC 17.54 ▲ 0.11 (0.63%)

SEARL 68.24 ▲ 1.59 (2.39%)

SSGC 27.69 ▼ -1.53 (-5.24%)

SYM 12.68 ▲ 0.51 (4.19%)

TELE 5.94 ▲ 0.34 (6.07%)

TPLP 7.00 ▲ 0.25 (3.7%)

TRG 56.27 ▲ 3.14 (5.91%)

WAVESAPP 7.94 ▲ 0.20 (2.58%)

WTL 1.16 ▲ 0.06 (5.45%)

YOUW 3.21 ▲ 0.12 (3.88%)

BR100 11,241 384.8 (3.54%)

BR30 32,134 1400.2 (4.56%)

KSE100 107,175 3647.8 (3.52%)

KSE30 32,648 1170 (3.72%)

اردو

May 12, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Print - 2015-02-18

Oil price decline: transport fares cut to pass on benefit to masses: NPMC told

Oil price decline: transport fares cut to pass on benefit to masses: NPMC told

The National Price Monitoring Committee (NPMC) which met here Tuesday was informed that transport fares in the four provinces had been decreased aiming to transfer benefit of reduction in oil prices to general public. The provincial governments had issued

Published 18 Feb, 2015 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Tuesday (February 16, 2015).

Published 18 Feb, 2015 12:00am

Rs 3.24 per unit refund approved by Nepra

Rs 3.24 per unit refund approved by Nepra

National Electric Power Regulatory Authority (Nepra) on Tuesday approved a refund of Rs 3.24 per unit to the consumers of Distribution Companies (Discos) overcharged in December 2014 in the name of Fuel Price Adjustment (FPA).

Published 18 Feb, 2015 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Tuesday (February 16, 2015).

Published 18 Feb, 2015 12:00am

Ukraine's 2015 maize area to fall

Ukraine's 2015 maize area to fall

The area Ukraine sows with maize is likely to decrease by up to 7 percent this year due to higher planting costs and a jump in prices of foreign seeds, analysts at UkrAgro Consult said on Tuesday. Ukraine, the world's third-largest maize grower, planted 4

Published 18 Feb, 2015 12:00am

FTSE up as inflation report supports market

FTSE up as inflation report supports market

Britain's top share index climbed to a five-month high on Tuesday on expectations UK interest rates will stay low, after data showed inflation sank to a record low in January. The annual inflation rate fell to 0.3 percent last month from 0.5 percent in De

Published 18 Feb, 2015 12:00am

SE Asian markets: Indonesia rebounds before rate cut surprise

SE Asian markets: Indonesia rebounds before rate cut surprise

Indonesian shares posted modest gains on Tuesday before the central bank's interest rate decision while the Thai stock index hit a more-than-two-week closing low after late selling in energy shares and large caps.

Published 18 Feb, 2015 12:00am

Australian shares slip

Australian shares slip

Australian shares declined on Tuesday after one of the country's big banks disappointed investors with its earnings result, cooling a red-hot sector that helped drive the market to multi-year highs recently. Worries that Greece has yet to secure a new deb

Published 18 Feb, 2015 12:00am

European shares recover in choppy trade

European shares recover in choppy trade

Greek stocks fell on Tuesday, weighing on broader European indexes, after debt talks between Athens and its euro zone peers broke down, putting the country's future in the shared-currency bloc at risk. The main Athens index fell as much as 4.7 percent aft

Published 18 Feb, 2015 12:00am

China stocks hit three-week highs

China stocks hit three-week highs

China shares rose to three-week highs on Tuesday, underpinned by gains in property firms after data showed some signs that housing prices were starting to stabilise in the country's biggest cities. Average new home prices in China's 70 major cities fell 0

Published 18 Feb, 2015 12:00am

South African shares knocked off record perch

South African shares knocked off record perch

South African shares ended in the red on Tuesday after hitting an all-time high during the day when stocks in mining companies tumbled on weaker metal prices. Shares in Africa's biggest bullion producer Anglogold Ashanti fell the most, slipping 4.54 perce

Published 18 Feb, 2015 12:00am

Hong Kong shares rise

Hong Kong shares rise

Hong Kong's main stock index rose for the fourth day in a row on Tuesday, taking cues from mainland shares, but volume was the lowest in nearly two months as many have left trading desks for the Lunar New Year. Hong Kong markets will open for a half-day o

Published 18 Feb, 2015 12:00am

Greek bond yields rise but off recent peaks

Greek bond yields rise but off recent peaks

Greek financial markets slipped but kept their composure on Tuesday after debt talks with the euro zone broke down, on expectations that Athens and its European partners would eventually agree a compromise.

Published 18 Feb, 2015 12:00am

Greek bond yields rise but off recent peaks

Greek bond yields rise but off recent peaks

Greek financial markets slipped but kept their composure on Tuesday after debt talks with the euro zone broke down, on expectations that Athens and its European partners would eventually agree a compromise.

Published 18 Feb, 2015 12:00am

Tuesday's afternoon trade: Wall Street flat, paring losses on Greece hopes

Tuesday's afternoon trade: Wall Street flat, paring losses on Greece hopes

US stocks were flat on Tuesday, paring modest early losses and putting the S&P 500 back near record levels as optimism grew that a debt deal would be reached with Greece.

Published 18 Feb, 2015 12:00am

Nikkei ends lower

Nikkei ends lower

Tokyo's Nikkei index slipped 0.10 percent Tuesday after high-stakes debt talks between Greece and its eurozone creditors ended without a deal, raising the possibility the country could leave the eurozone. The Nikkei 225 index at the Tokyo Stock Exchange s

Published 18 Feb, 2015 12:00am

TSX edges higher

TSX edges higher

Canada's main stock index edged higher on Tuesday as a jump in shares of Restaurant Brands International Inc, after the fast-food chain reported quarterly results, helped offset worries about whether Greece will be able to secure a debt deal. Talks betwee

Published 18 Feb, 2015 12:00am

Gulf markets consolidate; Egypt index extends loss

Gulf markets consolidate; Egypt index extends loss

Gulf stock markets consolidated on Tuesday after seesawing in line with oil prices over the last few days, while Egypt pulled back further, having previously outperformed most markets in the Middle East. Brent crude traded near $62 per barrel on Tuesday a

Published 18 Feb, 2015 12:00am

Greece rejects 'blackmail' in eurozone debt deal row

Greece rejects 'blackmail' in eurozone debt deal row

European ministers raised the pressure on Greece to accept a last-minute debt deal on Tuesday as the radical leftist government in Athens remained defiant refusing "blackmail" from Brussels. Europe and Greece are racing to come to an agreement and avoid a

Published 18 Feb, 2015 12:00am

Pavlopoulos nominated

Pavlopoulos nominated

Greek Prime Minister Alexis Tsipras on Tuesday named former conservative minister Prokopis Pavlopoulos as his party's candidate for president, a move calculated to speed up the process ahead of critical EU talks. "I believe we need a president with a prov

Published 18 Feb, 2015 12:00am

French PM uses decree to pass economic reform bill

French PM uses decree to pass economic reform bill

French Prime Minister Manuel Valls defied critics from left and right on Tuesday by declaring he would ram a flagship economic reform bill through parliament by decree, bypassing backbench rebels but exposing his government to a no-confidence vote. The pa

Published 18 Feb, 2015 12:00am

British inflation hits record low

British inflation hits record low

Britain's annual inflation rate slowed to a record low of 0.3 percent in January on the back of plunging oil prices and lower food costs, official data showed Tuesday. "The Consumer Prices Index (CPI) grew by 0.3 percent in the year to January 2015, down

Published 18 Feb, 2015 12:00am

China banks buy yuan again, sign of capital outflows

China banks buy yuan again, sign of capital outflows

China's central bank and commercial banks bought 108.3 billion yuan ($17.3 billion) worth of renminbi in January, the second consecutive month that purchases have topped 100 billion yuan, in a sign that more capital was leaving the country.

Published 18 Feb, 2015 12:00am

Derailed CSX train hauled newer-model tank cars

Derailed CSX train hauled newer-model tank cars

A CSX Corp oil train that derailed and erupted in flames in West Virginia on Monday was hauling newer model tank cars, not the older versions widely criticised for being prone to puncture, the company said.

Published 18 Feb, 2015 12:00am

Japan's household spending drops fastest in eight years

Japan's household spending drops fastest in eight years

Japanese household spending in 2014 declined at its fastest pace in eight years, official data showed Tuesday, underscoring the impact of the country's first sales tax hike in nearly two decades.

Published 18 Feb, 2015 12:00am

German investor morale hits highest level in a year in February

German investor morale hits highest level in a year in February

German analyst and investor sentiment climbed in February for a fourth consecutive month to its highest level in a year, helped by the European Central Bank's bond-buying programme, though the Ukraine crisis and Greek turmoil weighed on expectations.

Published 18 Feb, 2015 12:00am

Indonesia surprises with rate cut

Indonesia surprises with rate cut

Indonesia's central bank cut interest rates in a surprise move on Tuesday, reversing a rate rise from three months earlier after a feared spike in inflation from fuel subsidy cuts did not eventuate, and said it was still watching external risks. Bank Indo

Published 18 Feb, 2015 12:00am

Kraft Foods brings back company veteran as CFO

Kraft Foods brings back company veteran as CFO

Kraft Foods Group Inc named James Kehoe, the chief financial officer of Canadian apparel maker Gildan Activewear Inc, as its CFO as part of a management shake-up under new Chief Executive John Cahill.

Published 18 Feb, 2015 12:00am

Pakistan, Turkish navies to hold exercise

Pakistan, Turkish navies to hold exercise

Pakistan Navy and Turkish Navy will hold bilateral naval exercise commencing on 19 February with an aim to enhance interoperability and operational understanding. Turkish Navy Ship TCG BUYUKADA arrived at Karachi to participate in the exercise, which incl

Published 18 Feb, 2015 12:00am

Sindh government imposes Section 144 on Red Zone

Sindh government imposes Section 144 on Red Zone

Sindh government, under Section 144(6) Cr. PC, on Tuesday imposed ban on protests, demonstrations and assembly of more than five persons at certain places in the violence-prone city. Important government buildings in the city like Governor's House, Assemb

Published 18 Feb, 2015 12:00am

Play with Oreo campaign launched

Play with Oreo campaign launched

Celebrating the kid inside us and inspiring moments of carefree fun for more than 100 years, the world's favourite biscuit Oreo is now moving towards a more widespread appeal with the launch of its fun filled "Play with Oreo" campaign.

Published 18 Feb, 2015 12:00am

Prgmea Chairman urges Prime Minister to take up SMD issue with Turkish PM

Prgmea Chairman urges Prime Minister to take up SMD issue with Turkish PM

Garments exporters on Tuesday urged Prime Minister Nawaz Sharif to help convince his Turkish counterpart, Ahmet Davutoglu, to waive 'Safeguard Measures Duty' (SMD) of 42.2 percent which Turkey has placed on Pakistan's apparel imports.

Published 18 Feb, 2015 12:00am

FPCCI for drafting, implementing Horticulture Export Policy

FPCCI for drafting, implementing Horticulture Export Policy

Chairman Standing Committee on Horticulture and Agriculture Produce of Federation of Pakistan Chambers of Commerce & Industry (FPCCI), Ahmad Jawad has called upon Ministry of Commerce and Planning Commission to draft and implement Horticulture Export Poli

Published 18 Feb, 2015 12:00am

Action to be taken against corrupt officials of Discos: minister

Action to be taken against corrupt officials of Discos: minister

State Minister for Water and Power, Abid Sher Ali said that the government would take stern action against the officials of distribution companies if found to be involved any corruption or any mismanagement which caused losses to national exchequer or pub

Published 18 Feb, 2015 12:00am

Justice Baqar takes oath as Supreme Court judge

Justice Baqar takes oath as Supreme Court judge

Chief Justice of Pakistan, Justice Nasir-ul-Mulk on Tuesday administered the oath of office to Justice Maqbool Baqar, Chief Justice, High Court of Sindh as Judge of the Supreme Court of Pakistan here at Chief Justice House, in a simple but dignified cerem

Published 18 Feb, 2015 12:00am

KATI Chief for immediate activation of military courts

KATI Chief for immediate activation of military courts

Patron-in-Chief Korangi Association of Trade and Industry (KATI) S M Muneer, President All Karachi Industrial Alliance Mian Zahid Hussian, President KATI Rashid Ahmed Siddiqui have strongly condemned recent act of terrorism in Peshawar. They further said

Published 18 Feb, 2015 12:00am

ARSEA holds sit-in against non-acceptance of demands

ARSEA holds sit-in against non-acceptance of demands

All Revenue Sindh Employees Association (ARSEA) staged about 4-hour long sit-in at main gate of Shahbaz Building against the non-acceptance of its demands on Tuesday.

Published 18 Feb, 2015 12:00am

PTA fails to prepare SoPs for SIMs' verification of emigrant subscribers

PTA fails to prepare SoPs for SIMs' verification of emigrant subscribers

Pakistan Telecommunication Authority (PTA) has failed to prepare Standard Operating Procedures (SoPs) for cellular subscribers living abroad to verify their Subscriber Identification Modules (SIMs) through Biometric Verification System (BVS), it is learnt

Published 18 Feb, 2015 12:00am

Coal-based power plant in Thar: EPTL signs joint venture agreement with CMEC

Coal-based power plant in Thar: EPTL signs joint venture agreement with CMEC

Engro Powergen Limited (EPL) signed a joint venture agreement with China Machinery Engineering Corporation (CMEC) for development of 2 x 330 MW coal based power plants in Thar Block II, in China.

Published 18 Feb, 2015 12:00am

Zardari condemns Lahore blast

Zardari condemns Lahore blast

Former President and Co-Chairman Pakistan People's Party Asif Ali Zardari has strongly condemned the bomb blast near Police Lines in Lahore and expressed deep grief over the loss of innocent human lives. Zardari said there is no option except complete def

Published 18 Feb, 2015 12:00am

PARTLY FACETIOUS: Dar sahib secretary of sidekicks

PARTLY FACETIOUS: Dar sahib secretary of sidekicks

"Life isn't fair."

Published 18 Feb, 2015 12:00am

DIBPL earns Rs 926 million profit before tax

DIBPL earns Rs 926 million profit before tax

The Board of Directors of Dubai Islamic Bank Pakistan Limited (DIBPL) recently held a meeting to approve its financial statements for the year ended December 31, 2014. DIBPL is a fully owned subsidiary of Dubai Islamic Bank UAE, the world's first Islamic

Published 18 Feb, 2015 12:00am

KE to offer Rs 7 billion Sukuk to general public

KE to offer Rs 7 billion Sukuk to general public

Having prepaid its Rs 18 billion long-term loans, K-Electric Ltd (KEL) plans to offer part of its Rs 22 billion Sukuk issue to general public on the Karachi bourse. The company has announced to have prepaid its loans amounting to Rs 18 billion.

Published 18 Feb, 2015 12:00am

KE to offer Rs 7 billion Sukuk to general public

KE to offer Rs 7 billion Sukuk to general public

Having prepaid its Rs 18 billion long-term loans, K-Electric Ltd (KEL) plans to offer part of its Rs 22 billion Sukuk issue to general public on the Karachi bourse. The company has announced to have prepaid its loans amounting to Rs 18 billion.

Published 18 Feb, 2015 12:00am

Easypaisa brings solar energy kits to thousands of Pakistanis

Easypaisa brings solar energy kits to thousands of Pakistanis

Easypaisa, a joint venture between Tameer Microfinance Bank and Telenor Pakistan, has collaborated with Roshan Energy to launch a first of its kind 'Solar Home Solution.' "The innovative pay-as-you-go model enables customers to purchase and use Roshan Ene

Published 18 Feb, 2015 12:00am

Advance Telecom launches Rivo Mobile

Advance Telecom launches Rivo Mobile

Advance Telecom, the country's leading mobile phone distributor, has announced the launch of Rivo Mobile at its annual partners' convention recently. A complete cellular phone solution, Rivo Mobile is set to fill every gap that consumers currently face wh

Published 18 Feb, 2015 12:00am

First half FY15: DGKC earnings rise 27 percent on YoY basis

First half FY15: DGKC earnings rise 27 percent on YoY basis

Earnings of DG Khan Cement (DGKC) for 1H FY15 grew by 27 percent to Rs 3.394 billion on year-on-year (YoY) basis. The company announced its financial results on Tuesday for the first half of current fiscal year with an earning per share (EPS) of Rs 7.75.

Published 18 Feb, 2015 12:00am

First half FY15: DGKC earnings rise 27 percent on YoY basis

First half FY15: DGKC earnings rise 27 percent on YoY basis

Earnings of DG Khan Cement (DGKC) for 1H FY15 grew by 27 percent to Rs 3.394 billion on year-on-year (YoY) basis. The company announced its financial results on Tuesday for the first half of current fiscal year with an earning per share (EPS) of Rs 7.75.

Published 18 Feb, 2015 12:00am

Justice Faisal Arab sworn in as CJ SHC

Justice Faisal Arab sworn in as CJ SHC

Sindh Governor Dr Ishrat-Ul-Ebad Khan administered the oath of office to Justice Faisal Arab as the 23rd Chief Justice of Sindh High Court (SHC) at a swearing in ceremony held in the High Court premises here on Tuesday. The ceremony was attended by the ju

Published 18 Feb, 2015 12:00am

KE records Rs 0.48 EPS for first half

KE records Rs 0.48 EPS for first half

Karachi Electric Limited (KEL) Tuesday announced 1HFY15 results. The company booked a profit after tax of Rs 13.3 billion (EPS of Rs0.48) during the period against earnings of Rs 4.7bn (EPS of Rs0.17) in 1HFY14. This shows an increase of 181 percent YoY.

Published 18 Feb, 2015 12:00am

BAHL posts Rs 6.35 billion profit after tax

BAHL posts Rs 6.35 billion profit after tax

Bank Al Habib (BAHL) announced its financial results for 2014 Tuesday. The bank posted a profit after tax of Rs 6.35 billion (EPS: Rs5.71), registering a growth of 23 percent YoY. The bank also announced a final cash dividend of Rs 3 per share for 2014. "

Published 18 Feb, 2015 12:00am

109 alleged criminals held

109 alleged criminals held

The city police on Tuesday claimed to have arrested 109 alleged criminals in different targeted raids and encounters conducted at various parts of the metropolis during last 24 hours. Police said that their 88 raids and four encounters carried out as a pa

Published 18 Feb, 2015 12:00am

Majority of sugar mills in Sindh belong to a single MPA: PML-F MPA tells Sindh Assembly

Majority of sugar mills in Sindh belong to a single MPA: PML-F MPA tells Sindh Assembly

A majority of sugar mills in the Sindh province belongs to one man, whether a single proprietor can set up such a big number of mills, the opposition asked the treasury benches during the Sindh Assembly session on Tuesday.

Published 18 Feb, 2015 12:00am

Minister visits PSM, assures CEO of full support

Minister visits PSM, assures CEO of full support

Minister of State for Parliamentary Affairs Sheikh Aftab Ahmed alongwith Ajmal Mehmood and Talal Ashraf Butt visited Pakistan Steel Mills on Tuesday. On arrival the visiting dignitary was received by Chief Executive Officer, Pakistan Steel Major General Z

Published 18 Feb, 2015 12:00am

Four gunned down in Karachi

Four gunned down in Karachi

Four people were killed in separate incidents of violence in Karachi on Tuesday. According to police and rescue sources, Baboo was shot and killed while Naveed Ahmad, son of Muhammad Afaq, was shot and injured by unknown armed bike riders in the limits of

Published 18 Feb, 2015 12:00am

Italy world trade surplus widens

Italy world trade surplus widens

Italy posted a trade surplus with the rest of the world of 5.756 billion euros in December, widening from a surplus of 3.433 billion euros in the same month of 2013 as exports grew and imports dropped, data showed on Tuesday.

Published 18 Feb, 2015 12:00am

Austria plays down impact of Fitch downgrade

Austria plays down impact of Fitch downgrade

Austria expects no negative fallout after Fitch became the second major ratings agency to strip the euro zone country of its top debt rating, the finance ministry said. Fitch late on Friday downgraded Austria's long-term issuer default ratings to 'AA+' fr

Published 18 Feb, 2015 12:00am

Austria plays down impact of Fitch downgrade

Austria plays down impact of Fitch downgrade

Austria expects no negative fallout after Fitch became the second major ratings agency to strip the euro zone country of its top debt rating, the finance ministry said. Fitch late on Friday downgraded Austria's long-term issuer default ratings to 'AA+' fr

Published 18 Feb, 2015 12:00am

Foreigners reduce Canadian securities holdings

Foreigners reduce Canadian securities holdings

Foreign investors reduced their holdings in Canadian securities by C$13.5 billion ($10.9 billion) in December, the biggest decrease since June 2013, shedding bonds and equities, Statistics Canada reported on Tuesday.

Published 18 Feb, 2015 12:00am

Foreigners reduce Canadian securities holdings

Foreigners reduce Canadian securities holdings

Foreign investors reduced their holdings in Canadian securities by C$13.5 billion ($10.9 billion) in December, the biggest decrease since June 2013, shedding bonds and equities, Statistics Canada reported on Tuesday.

Published 18 Feb, 2015 12:00am

Bank of Korea holds rates, cautious tone lifts bonds

Bank of Korea holds rates, cautious tone lifts bonds

South Korea's central bank held interest rates steady on Tuesday, as expected, but cautious remarks by its governor about the economic outlook kept hopes alive for a rate cut soon, lifting bond futures. The Bank of Korea's policy board left the policy int

Published 18 Feb, 2015 12:00am

Bank of Korea holds rates, cautious tone lifts bonds

Bank of Korea holds rates, cautious tone lifts bonds

South Korea's central bank held interest rates steady on Tuesday, as expected, but cautious remarks by its governor about the economic outlook kept hopes alive for a rate cut soon, lifting bond futures. The Bank of Korea's policy board left the policy int

Published 18 Feb, 2015 12:00am

Barra, other top GM executives awarded shares as incentive pay

Barra, other top GM executives awarded shares as incentive pay

General Motors Co awarded its top executives with shares in the company as part of a long-term incentive plan, according to company filings with US regulators. The award of the shares disclosed on Friday offered the first glimpse of 2015 compensation for

Published 18 Feb, 2015 12:00am

Anglo American takes $3.9 billion charge on sliding iron ore

Anglo American takes $3.9 billion charge on sliding iron ore

Anglo American on Friday announced a write-down of $3.9 billion caused by the sliding price of iron ore which has slashed the value of its Minas-Rio mining project in Brazil. In an annual earnings update, mining giant Anglo American announced "commodity p

Published 18 Feb, 2015 12:00am

Shaky New Zealand down brave Scotland

Shaky New Zealand down brave Scotland

New Zealand limped to a three-wicket win over Scotland on Tuesday, maintaining World Cup momentum only after the minnows gave the co-hosts' much-vaunted batting line-up a bloody nose.

Published 18 Feb, 2015 12:00am

Shaky New Zealand down brave Scotland

Shaky New Zealand down brave Scotland

New Zealand limped to a three-wicket win over Scotland on Tuesday, maintaining World Cup momentum only after the minnows gave the co-hosts' much-vaunted batting line-up a bloody nose.

Published 18 Feb, 2015 12:00am

Afghanistan look to extend World Cup fairytale

Afghanistan look to extend World Cup fairytale

Afghanistan offer the World Cup a fairytale story if they can upset Bangladesh and launch their debut tournament with a victory at Canberra's Manuka Oval on Wednesday.

Published 18 Feb, 2015 12:00am

Clarke debate no problem for Johnson

Clarke debate no problem for Johnson

Australia's Mitchell Johnson said Tuesday the ongoing speculation about captain Michael Clarke's fitness was not proving a distraction for the World Cup favourites.

Published 18 Feb, 2015 12:00am

Holding slams 'pathetic' West Indies

Holding slams 'pathetic' West Indies

West Indies great Michael Holding has slammed the side's four-wicket loss to Ireland in their World Cup opener as a "little bit pathetic". The Caribbean team collapsed to 87 for five in Nelson on Monday before Lendl Simmons (102) and Darren Sammy (89) gui

Published 18 Feb, 2015 12:00am

Premier League stars face tax probe

Premier League stars face tax probe

Belgian tax authorities are investigating Luxembourg bank accounts held by English Premier League stars Eden Hazard, Thibaut Courtois and Kevin Mirallas, De Morgen newspaper reported Tuesday. The Flemish daily said the Belgian internationals have Luxembou

Published 18 Feb, 2015 12:00am

Wasim Akram keen to help revive Pakistan's World Cup campaign

Wasim Akram keen to help revive Pakistan's World Cup campaign

Former captain Wasim Akram is eager to help the Pakistan players salvage their World Cup campaign in Australia and New Zealand, he said on Tuesday. Pakistan lost their opening match of the tournament by 76 runs to arch-rivals India.

Published 18 Feb, 2015 12:00am

Tendulkar wary of South Africa threat

Tendulkar wary of South Africa threat

Cricket icon Sachin Tendulkar has issued a warning to triumphant India about their upcoming World Cup match against South Africa, saying the Proteas were "far, far superior" to arch-rivals Pakistan. Batting superstar Tendulkar helped India win the World C

Published 18 Feb, 2015 12:00am

Dutch arrest five for illegal gambling racket

Dutch arrest five for illegal gambling racket

Dutch tax officials have arrested five men suspected of running an illegal large-scale football betting and money laundering racket, prosecutors said on Tuesday. A six-country investigation led to the arrest of the men, two from The Hague aged 58 and 34,

Published 18 Feb, 2015 12:00am

United subdue Preston uprising to avoid Cup upset

United subdue Preston uprising to avoid Cup upset

Manchester United survived a scare against third tier Preston North End to reach the FA Cup quarter-finals with a hard-fought 3-1 win at Deepdale on Monday. Louis Van Gaal's star-studded side were in danger of an embarrassing fifth round exit when the unh

Published 18 Feb, 2015 12:00am

Lean business on grain market

Lean business on grain market

A kind of dullness prevailed on the wholesale grain market on Tuesday in the process of trading, dealers said. On the cereals side, Masoor Canada low type was unchanged at Rs 8800 while the best quality was lower by Rs 200 to Rs 9000, other commodities ma

Published 18 Feb, 2015 12:00am

Cameroon mid-February cocoa farmgate prices rise

Cameroon mid-February cocoa farmgate prices rise

Cocoa farmgate prices in Cameroon, Africa's fourth-largest grower, have risen as the main harvest ends with few crops on the market but farmers fear the long dry season may lead to capsid disease, according to field reports on Monday.

Published 18 Feb, 2015 12:00am

Cotton market: prices stabilise amid improved trade activity

Cotton market: prices stabilise amid improved trade activity

Prices stabilised on the cotton market on Tuesday on the back of fresh demand by mills and spinners, dealers said. The official spot rate was unchanged at Rs 4,900, dealers said. In the ready session, around 16,000 bales of cotton changed hands between Rs

Published 18 Feb, 2015 12:00am

Oil cake market rates

Oil cake market rates

The January vaida was lower on the forward cottonseed oilcake market on Tuesday in the process of trading, dealers said. The January contract closed at Rs 1566.50 on Monday, and it commenced the day with a decline of 10 paisa at Rs 1566.40, they said.

Published 18 Feb, 2015 12:00am

Activities at Karachi and Qasim ports

Activities at Karachi and Qasim ports

The Karachi Port handled 115,646 tonnes of cargo comprising 58,773 tonnes of import cargo and 56,873 tonnes of export cargo including 3,534 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday.

Published 18 Feb, 2015 12:00am

EU wheat futures gain at one-week high

EU wheat futures gain at one-week high

Euronext wheat futures extended gains on Monday to a one-week high, spurred on by a pre-weekend rally on the US market and adjustments linked to the expiry of options in Paris. Volumes were light as a market closure in the Chicago for US Presidents Day de

Published 18 Feb, 2015 12:00am

India's January palm oil imports drop

India's January palm oil imports drop

India's palm oil imports in January dropped more than a fifth from a month earlier to 658,670 tonnes as refiners increased overseas purchases of sunflower and soyaoil, data from the Solvent Extractors' Association of India (SEA) showed on Friday. Soyaoil

Published 18 Feb, 2015 12:00am

JLI YAQEEN GROWTH FUND RATES

JLI YAQEEN GROWTH FUND RATES

JLI Yaqeen Growth Fund Rates on Tuesday (February 16, 2015).

Published 18 Feb, 2015 12:00am

Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (February 16, 2015).

Published 18 Feb, 2015 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Tuesday (February 16, 2015).

Published 18 Feb, 2015 12:00am

Currency values in terms of Special Drawing Rights

Currency values in terms of Special Drawing Rights

The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special Drawing Rights (SDR).

Published 18 Feb, 2015 12:00am

JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (February 16, 2015).

Published 18 Feb, 2015 12:00am

JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (February 16, 2015).

Published 18 Feb, 2015 12:00am

JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (February 16, 2015).

Published 18 Feb, 2015 12:00am

JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Tuesday (February 16, 2015).

Published 18 Feb, 2015 12:00am

JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Tuesday (February 16, 2015).

Published 18 Feb, 2015 12:00am

JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Tuesday (February 16, 2015).

Published 18 Feb, 2015 12:00am

Pakistan and Turkey inch towards FTA

Pakistan and Turkey inch towards FTA

Pakistan and Turkey have agreed to conclude a Free Trade Agreement (FTA) at the earliest to exploit the true potential of economic co-operation and enhance bilateral trade up to $10 billion in due course. This was agreed between the visiting Turkish Prime

Published 18 Feb, 2015 12:00am

JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (February 16, 2015).

Published 18 Feb, 2015 12:00am

Pakistan and Turkey inch towards FTA

Pakistan and Turkey inch towards FTA

Pakistan and Turkey have agreed to conclude a Free Trade Agreement (FTA) at the earliest to exploit the true potential of economic co-operation and enhance bilateral trade up to $10 billion in due course. This was agreed between the visiting Turkish Prime

Published 18 Feb, 2015 12:00am

JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (February 16, 2015).

Published 18 Feb, 2015 12:00am

Pakistan and Turkey inch towards FTA

Pakistan and Turkey inch towards FTA

Pakistan and Turkey have agreed to conclude a Free Trade Agreement (FTA) at the earliest to exploit the true potential of economic co-operation and enhance bilateral trade up to $10 billion in due course. This was agreed between the visiting Turkish Prime

Published 18 Feb, 2015 12:00am

JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (February 16, 2015).

Published 18 Feb, 2015 12:00am

Joint declaration issued

Joint declaration issued

Pakistan and Turkey on Tuesday reiterated the commitment to continue to transform the cordial bilateral relationship into a robust strategic partnership. This was announced in a joint declaration "On Strengthening Pakistan-Turkey strategic relationship",

Published 18 Feb, 2015 12:00am

JLI YAQEEN GROWTH FUND RATES

JLI YAQEEN GROWTH FUND RATES

JLI Yaqeen Growth Fund Rates on Tuesday (February 16, 2015).

Published 18 Feb, 2015 12:00am

Joint declaration issued

Joint declaration issued

Pakistan and Turkey on Tuesday reiterated the commitment to continue to transform the cordial bilateral relationship into a robust strategic partnership. This was announced in a joint declaration "On Strengthening Pakistan-Turkey strategic relationship",

Published 18 Feb, 2015 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 9	281.75
USD PKR Interbank Buying / May 9	281.50
USD to Japanese Yen / May 9	145.37
USD to Swiss Franc / May 9	0.83
Pound Sterling to USD / May 9	1.33
Euro to USD / May 9	1.12
UK LIBOR % / May 9	4.96

Stock	Volume
S&P 500 / May 9	5,659.91
India Sensex / May 9	79,454.47
Tokyo Nikkei / May 9	37,503.33
Nasdaq / May 9	17,928.92
Hang Seng / May 9	22,867.74
FTSE 100 / May 9	8,554.80
Dow Jones / May 9	41,249.38
Germany DAX 30 / May 9	23,499.32
France CAC40 / May 9	7,743.75

Item	Value
Crude Oil USD/Barrel / May 9	61.02
Karachi Cotton PKR/37.32 KG / May 9	16,985
Gold 10 Grams PKR / May 9	300,840
Gold Spot USD/Ounce / May 9	3,324.98
Cotton US¢/pound / May 9	66.61
Petrol/Litre / May 12	252.63
Diesel/Litre / May 12	256.64

Gainers
Losers
Leaders

Stock	Price
First AL-Noor Mod. / May 9 First Al-Noor Modaraba(FANM)	3 ▲ 0.67 (28.76%)
Premier Insurance / May 9 Premier Insurance Limited(PINL)	5.15 ▲ 0.72 (16.25%)
Escorts Bank / May 9 Escorts Investment Bank Limited(ESBL)	5.98 ▲ 0.83 (16.12%)
Parmount Sp. / May 9 Paramount Spinning Mills Limited(PASM)	3.22 ▲ 0.41 (14.59%)
UDL International / May 9 UDL International Limited(UDLI)	7.10 ▲ 0.85 (13.6%)
Abdullah Shah / May 9 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	5.44 ▲ 0.65 (13.57%)
Chenab Ltd (Pref) / May 9 Chenab Limited (Pref)(CLCPS)	2.05 ▲ 0.23 (12.64%)
LSE Capital / May 9 LSE Capital Limited(LSECL)	4.39 ▲ 0.48 (12.28%)
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	6.42 ▲ 0.7 (12.24%)
D.S. Ind. Ltd. / May 9 D.S. Industries Limited(DSIL)	3.90 ▲ 0.41 (11.75%)

Stock	Price
Cyan Limited / May 9 Cyan Limited(CYAN)	27.05 ▼ -5.03 (-15.68%)
Burj Clean Energy Modaraba / May 9 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.11 ▼ -1 (-12.33%)
Universal Ins. / May 9 The Universal Insurance Company Limited(UVIC)	8.25 ▼ -1 (-10.81%)
Sally Textile / May 9 Sally Textile Mills Limited(SLYT)	7.14 ▼ -0.86 (-10.75%)
Jubilee Spinning / May 9 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	8.43 ▼ -0.95 (-10.13%)
At-Tahur Ltd. / May 9 At-Tahur Limited(PREMA)	42.57 ▼ -4.73 (-10%)
Khyber Tobacco / May 9 Khyber Tobacco Company Limited(KHTC)	342.26 ▼ -38.03 (-10%)
Dewan Mushtaq / May 9 Dewan Mushtaq Textile Mills Limited(DMTM)	9.29 ▼ -1.03 (-9.98%)
PIA Holding Co.Ltd / May 9 PIA Holding Company Limited(PIAHCLA)	12.23 ▼ -1.35 (-9.94%)
First Elite Cap.Mod / May 9 First Elite Capital Modaraba(FECM)	18.44 ▼ -2 (-9.78%)

Stock	Volume
WorldCall Telecom / May 9 Worldcall Telecom Limited(WTL)	47,087,025 ▲ 0.06
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	33,590,475 ▲ 0.7
Sui South Gas / May 9 Sui Southern Gas Company Limited(SSGC)	29,288,646 ▼ -1.53
B.O.Punjab / May 9 The Bank of Punjab(BOP)	18,310,598 ▲ 0.44
Pak Refinery / May 9 Pakistan Refinery Limited(PRL)	15,347,121 ▲ 0.3
PIA Holding Co.Ltd / May 9 PIA Holding Company Limited(PIAHCLA)	14,961,675 ▼ -1.35
Sui North Gas / May 9 Sui Northern Gas Pipelines Limited(SNGP)	14,847,660 ▲ 5.69
K-Electric Ltd. / May 9 K-Electric Limited(KEL)	14,463,181 ▲ 0.09
Maple Leaf Cement / May 9 Maple Leaf Cement Factory Limited(MLCF)	13,544,491 ▲ 2.45
Kohinoor Spining / May 9 Kohinoor Spinning Mills Limited(KOSM)	13,517,642 ▲ 0.05

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular

Today
Yesterday
Past 3 Days

NJLI Sarmaya Growth Fund Rates

FY26 budget: Rates of CGT and WHT will be reduced

FY26 budget: Rates of CGT and WHT will be reduced

SC dismisses ‘frivolous’ plea of FPSC with costs

SC dismisses ‘frivolous’ plea of FPSC with costs

Stocks in Pakistan, India poised for relief rally after ceasefire

Stocks in Pakistan, India poised for relief rally after ceasefire

Surprisingly, Pakistan and India agree to ceasefire

Surprisingly, Pakistan and India agree to ceasefire

Pakistan Electricity Review 2025 launched

Pakistan Electricity Review 2025 launched

Pakistan’s steel maker activates 6.4MW solar plant at Karachi plant

Pakistan’s steel maker activates 6.4MW solar plant at Karachi plant

Gold prices lower further

Gold prices lower further

Inefficiencies hiking capacity charges highlighted

Inefficiencies hiking capacity charges highlighted

⇧