News Archives for Print - 2015-02-25

Dollar's rate in interbank market

Interbank closing rates for dollar on Tuesday (February 24, 2015).

Published 25 Feb, 2015 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (February 24, 2015)

Published 25 Feb, 2015 12:00am

This is apropos to a news item published in the national newspapers on February 24 2015, with the caption "Load shedding won't end by 2020" Nepra has clarified that while referring to Nepra A State of Industry Report 2014 have completely failed to divulge

Published 25 Feb, 2015 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Tuesday (February 24, 2015).

Published 25 Feb, 2015 12:00am

Nepra clarification

This is apropos to a news item published in the national newspapers on February 24 2015, with the caption "Load shedding won't end by 2020" Nepra has clarified that while referring to Nepra A State of Industry Report 2014 have completely failed to divulge

Published 25 Feb, 2015 12:00am

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (February 24, 2015).

Published 25 Feb, 2015 12:00am

Rate hike unlikely before June: Yellen

Federal Reserve Chair Janet Yellen said Tuesday that the US labour market still showed cyclical weakness and inflation continued to fall, making any interest rate hike unlikely before June. In testimony in Congress, Yellen also said that frailties in Chin

Published 25 Feb, 2015 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (February 24, 2015).

Published 25 Feb, 2015 12:00am

Rate hike unlikely before June: Yellen

Federal Reserve Chair Janet Yellen said Tuesday that the US labour market still showed cyclical weakness and inflation continued to fall, making any interest rate hike unlikely before June. In testimony in Congress, Yellen also said that frailties in Chin

Published 25 Feb, 2015 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (February 24, 2015).

Published 25 Feb, 2015 12:00am

Rate hike unlikely before June: Yellen

Federal Reserve Chair Janet Yellen said Tuesday that the US labour market still showed cyclical weakness and inflation continued to fall, making any interest rate hike unlikely before June. In testimony in Congress, Yellen also said that frailties in Chin

Published 25 Feb, 2015 12:00am

Gabol resigns as MNA

Muttahida Qaumi Movement (MQM) leader Nabeel Gabol on Tuesday submitted his resignation to the office of Speaker National Assembly, hinting at differences between him and the party as the main reason behind his decision. "I was misfit in the MQM ... I sub

Published 25 Feb, 2015 12:00am

Indian foreign secretary may visit in first week of March

Indian Foreign Secretary S Jaishankar is expected to visit Pakistan in the first week of March as part of his South Asian Association for Regional Co-operation (SAARC) countries' trip, officials at the Foreign Office said. An official of the Foreign Offic

Published 25 Feb, 2015 12:00am

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Tuesday (February 24, 2015).

Published 25 Feb, 2015 12:00am

Indian foreign secretary may visit in first week of March

Indian Foreign Secretary S Jaishankar is expected to visit Pakistan in the first week of March as part of his South Asian Association for Regional Co-operation (SAARC) countries' trip, officials at the Foreign Office said. An official of the Foreign Offic

Published 25 Feb, 2015 12:00am

THE RUPEE: modest fall

The US currency extended overnight gains versus the rupee on the money market on Tuesday in the process of trading, dealers said. The rupee surrendered further gains against the dollar, losing 10-paisa for buying and selling at Rs 101.85 and Rs 101.86 res

Published 25 Feb, 2015 12:00am

BJP to form coalition government in IHK

India's ruling Hindu nationalist party will for the first time govern the country's only Muslim-majority state of held Kashmir under a power-sharing deal with another party, officials said Tuesday. After months of negotiations following an election in Dec

Published 25 Feb, 2015 12:00am

THE RUPEE: modest fall

The US currency extended overnight gains versus the rupee on the money market on Tuesday in the process of trading, dealers said. The rupee surrendered further gains against the dollar, losing 10-paisa for buying and selling at Rs 101.85 and Rs 101.86 res

Published 25 Feb, 2015 12:00am

BJP to form coalition government in IHK

India's ruling Hindu nationalist party will for the first time govern the country's only Muslim-majority state of held Kashmir under a power-sharing deal with another party, officials said Tuesday. After months of negotiations following an election in Dec

Published 25 Feb, 2015 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Tuesday (February 24, 2015).

Published 25 Feb, 2015 12:00am

Gabol resigns as MNA

Muttahida Qaumi Movement (MQM) leader Nabeel Gabol on Tuesday submitted his resignation to the office of Speaker National Assembly, hinting at differences between him and the party as the main reason behind his decision. "I was misfit in the MQM ... I sub

Published 25 Feb, 2015 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Tuesday (February 24, 2015).

Published 25 Feb, 2015 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Tuesday (February 24, 2015).

Published 25 Feb, 2015 12:00am

Indian shares up in cautious trade

India's BSE index edged up 0.1 percent to end a two-session losing streak as investors favoured defensive stocks such as ITC Ltd ahead of an event-heavy week, although broader gains were capped as lower oil prices hit some energy firms. Investors are brac

Published 25 Feb, 2015 12:00am

Gulf markets hold breath ahead of Fed report

Most Gulf stock markets stood nearly still on Tuesday as oil prices seesawed and investors waited for the US Federal Reserve to indicate when it plans to start raising interest rates. Brent crude oil hovered around $59 per barrel during the day, swinging

Published 25 Feb, 2015 12:00am

UK should press on with austerity plans: OECD

the Organisation for Economic Cooperation and Development said on Tuesday that Britain should continue to cut its budget deficit after May's national election, and might need to rethink plans to shield healthcare and schools spending. With May 7 shaping u

Published 25 Feb, 2015 12:00am

Russia's ruble, stocks slide on 'junk' rating downgrade

Russia's ruble and stock market showed renewed weakness Tuesday in response to sliding oil prices and a downgrade to "junk" status of its sovereign debt by Moody's. The global rating agency announced after trading in Moscow finished on Friday that it expe

Published 25 Feb, 2015 12:00am

Russia's ruble, stocks slide on 'junk' rating downgrade

Russia's ruble and stock market showed renewed weakness Tuesday in response to sliding oil prices and a downgrade to "junk" status of its sovereign debt by Moody's. The global rating agency announced after trading in Moscow finished on Friday that it expe

Published 25 Feb, 2015 12:00am

Mexican inflation nears four-year low

Mexican annual inflation cooled to a nearly 4-year low, just above the central bank's 3 percent target, in the first half of February, even as a weaker peso threatened to push up consumer prices in Latin America's second biggest economy. Inflation in the

Published 25 Feb, 2015 12:00am

J.P Morgan to cut nearly $5 billion in expenses through 2017

J.P. Morgan Chase Tuesday unveiled plans to eliminate hundreds of retail branches and some $100 billion in deposits as it announced nearly $5 billion in cost cuts in the next three years. The biggest US bank by assets, J.P. Morgan projected $2.8 billion i

Published 25 Feb, 2015 12:00am

ECB unveils new 20-euro banknote

The European Central Bank unveiled Tuesday the new 20-euro banknote, nine months before it starts circulating from November. The ECB is gradually phasing in new banknotes to replace those in circulation since the euro became a physical currency in January

Published 25 Feb, 2015 12:00am

Lebanon issues largest-ever Eurobond

Lebanon has issued its largest-ever Eurobond, raising $2.2 billion, and expects the economy to grow 2.5 percent in 2015, Finance Minister Ali Hassan Khalil said on Tuesday. Lebanon's economy has been hit by the war in Syria, which started in 2011 and has

Published 25 Feb, 2015 12:00am

Lebanon issues largest-ever Eurobond

Lebanon has issued its largest-ever Eurobond, raising $2.2 billion, and expects the economy to grow 2.5 percent in 2015, Finance Minister Ali Hassan Khalil said on Tuesday. Lebanon's economy has been hit by the war in Syria, which started in 2011 and has

Published 25 Feb, 2015 12:00am

US home prices rise, service sector expands but consumer sentiment dips

US home prices rose again in December and activity in the services sector expanded in February at its fastest pace since October, but a gauge of consumer confidence fell, according to reports published on Tuesday. Federal Reserve chairman Janet Yellen als

Published 25 Feb, 2015 12:00am

Gulf economies have failed to diversify: Qatar central banker

Rich Gulf Arab countries have so far failed to diversify their economies away from oil revenue and some may eventually face political challenges as a result, a senior Qatar central bank official said on Tuesday. The comments by Khalid Alkhater, the Qatar

Published 25 Feb, 2015 12:00am

Banks probed over precious metals price rigging

The United States is probing major banks over possible manipulation of precious metals markets, the Wall Street Journal said Monday. The investigation centers on prices for gold, silver, platinum and palladium. It is being carried out by the Justice Depar

Published 25 Feb, 2015 12:00am

Banks probed over precious metals price rigging

The United States is probing major banks over possible manipulation of precious metals markets, the Wall Street Journal said Monday. The investigation centers on prices for gold, silver, platinum and palladium. It is being carried out by the Justice Depar

Published 25 Feb, 2015 12:00am

Aer Lingus dives into annual net loss

Irish airline and takeover target Aer Lingus sank into a net loss in 2014 on the back of one-off pension and staff restructuring costs, it said Tuesday. Losses after taxation stood at 95.8 million euros ($108.4 million) last year, the carrier revealed in

Published 25 Feb, 2015 12:00am

Aer Lingus dives into annual net loss

Irish airline and takeover target Aer Lingus sank into a net loss in 2014 on the back of one-off pension and staff restructuring costs, it said Tuesday. Losses after taxation stood at 95.8 million euros ($108.4 million) last year, the carrier revealed in

Published 25 Feb, 2015 12:00am

German consumers in driving seat of economy as pay improves

German consumers have taken over from exporters as the mainstay of growth in Europe's largest economy, boosted by low oil prices and interest rates, a strong job market and rising wages. Private consumption was the main engine of strong growth at the end

Published 25 Feb, 2015 12:00am

Turkey central bank prunes rates after Erdogan pressure

Turkey's central bank on Tuesday cut its headline interest rate by 25 basis points, ceding a little ground to months of pressure from President Recep Tayyip Erdogan for aggressive easing to stimulate growth. But economists warned that the bank would be ha

Published 25 Feb, 2015 12:00am

German metalworkers, management agree 3.4 percent wage hike

Germany's powerful metalworkers' union, IG Metall, said Tuesday it has reached agreement with management for a 3.4 percent wage increase, in a deal expected to benefit four million workers in the sector. The deal applies, which applies to workers in the s

Published 25 Feb, 2015 12:00am

Libor

Dubai refiner ENOC hires M&A team, close to $1.5 billion loan

Dubai's Emirates National Oil Company (ENOC) has hired a five-person team to work on mergers and acquisitions for the company as it seeks to expand beyond its home emirate, banking sources told Reuters on Sunday. The state-owned company could use some of

Published 25 Feb, 2015 12:00am

California Exxon plant halts gasoline production

Gasoline production at an Exxon Mobil Corp refinery near Los Angeles has been halted since an explosion there on Wednesday, a plant manager said on Friday, raising the possibility of higher fuel prices in parts of Southern California. Investigators were t

Published 25 Feb, 2015 12:00am

Qatar-Japan consortium to study projects in Turkey's Afsin Elbistan

A group of Qatari state-linked investors and three Japanese power firms have signed an agreement to study the possibility of developing projects in Turkey's Afsin Elbistan region, one of the Qatari firms said in a statement on Sunday. The Afsin-Elbistan r

Published 25 Feb, 2015 12:00am

Moong rates move both ways

Moong prices moved both ways on the wholesale grain market on Tuesday in the process of trading, dealers said. On the cereals side, Moong Punjab picked up Rs 375 to Rs 11375, Moong Afghani, however, lost Rs 1750 to Rs 10500 and Masoor Dall Canada low type

Published 25 Feb, 2015 12:00am

Canadian canola futures close mixed

ICE Canadian canola futures ended mixed on Monday as a weak Canadian dollar underpinned the market but a dip in soyoil prices applied pressure. Canadian canola plantings expected to ease - Reuters survey. March canola dipped 40 cents to $469.70 per tonne.

Published 25 Feb, 2015 12:00am

Prices stabilise amid active trading on cotton market

Sustained buying by mills, spinners and exporters helped prices to maintain firm trend on the cotton market on Tuesday in the process of trading, dealers said. The official spot rate was unchanged at Rs 4950, dealers said. In the ready session, around 18,

Published 25 Feb, 2015 12:00am

Oil cake market rates

The January vaida was up on the forward cottonseed oilcake market on Tuesday in the process of trading, dealers said. The January contract closed at Rs 1566.40 on Monday, and it commenced with a rise of 20 paisa at Rs 1566.60 in the morning session, they

Published 25 Feb, 2015 12:00am

Activity at Karachi & Qasim ports

The Karachi Port handled 109,622 tonnes of cargo comprising 70,365 tonnes of import cargo and 39,257 tonnes of export cargo including 3,792 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday. The total import cargo of 70,

Published 25 Feb, 2015 12:00am

Indian sugar mills to export raws despite subsidy

Indian mills are likely to struggle to export raw sugar, despite a government subsidy to boost shipments, as global prices remain weak with large supplies from top producer Brazil set to flood the market soon. Lower exports by India, the world's biggest c

Published 25 Feb, 2015 12:00am

EU wheat prices dip on US markets strong fall

European wheat prices dipped on Monday following a strong fall on US markets in late trade on Friday but activity was light with traders citing a lack of new fundamental factors. May milling wheat on Euronext was down 1.75 euro, or 0.9 percent, to 186.75

Published 25 Feb, 2015 12:00am

US FOB Gulf wheat basis offers steady

US FOB Gulf wheat basis offers were steady late on Monday after Egypt's GASC tendered for American wheat, with traders saying HRW wheat might have a chance for some business. FOB Gulf soybeans softened for March shipments as top buyer China remains on hol

Published 25 Feb, 2015 12:00am

US Midwest corn bids steady to firm

Spot basis bids for corn were steady to firm around the US Midwest on Monday, but cash prices remained too low to spark sales from growers, grain dealers said. Soyabean bids were flat. Most farmers were waiting for prices to get back to $10 a bushel befor

Published 25 Feb, 2015 12:00am

Vietnamese coffee sales slow after holiday

Sales of robusta coffee in Vietnam have yet to pick up after a long public holiday and prices are stuck near a three-week low, traders said on Tuesday. Slow trading in the first half of February, followed by the February 14-23 Tet holiday, will trim this

Published 25 Feb, 2015 12:00am

Daily trading report of PMEX

On Monday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 2.574 billion. The number of lots traded was 17,006 and PMEX Commodity Index closed at 2,532. Major business was contributed by crude oil amounting to PKR 1.425 billion. This was follow

Published 25 Feb, 2015 12:00am

Kuwait today

Efforts exerted for building the State since independence reflect the wisdom of the political leadership, and stand as indicators of a better and wider horizon future toward further human achievements on the Kuwaiti arena. Therefore, it is worth mention s

Published 25 Feb, 2015 12:00am

Economy of Kuwait

PRE-OIL ERA: Kuwaitis were mainly affected with two environmental elements; the sea and the desert, which played a great role in forming the old Kuwaiti habits and traditions, in addition to affecting the social and economic structure of the countr

Published 25 Feb, 2015 12:00am

Revival of the economy

President Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Distinguished guests, my learned colleagues, and honorable thinkers, I thank you for giving us an opportunity to listen our point of view on the most important strategic issues of

Published 25 Feb, 2015 12:00am

'It's important to differentiate between short-term and long-term policies'

The consequences of economic transactions and policies are reflected in the lives of common peoples after a time-lag. This time-lag may vary from economy to economy depending on the social and political structure of the societies in a country. Sometimes t

Published 25 Feb, 2015 12:00am

Situation underscores need for national consensus on economic agenda

Political instability has long been a panacea for businesses and working professionals in the country. All too often, changes in government have meant the discontinuation and even reversal of economic policies of the outgoing regime. Representatives of th

Published 25 Feb, 2015 12:00am

Revival of the economy: Prospects and challenges

The year 2015 has been declared the year of fast track growth for Pakistan's economy by FPCCI, leading towards the revival of economic growth. To achieve the target it is essential to create an environment to attract local and foreign investors.

Published 25 Feb, 2015 12:00am

Aaj TV - Wednesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 25 Feb, 2015 12:00am

New York cotton

The fluctuations observed during the day:

Published 25 Feb, 2015 12:00am

New York cotton

The fluctuations observed during the day:

Published 25 Feb, 2015 12:00am

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 25 Feb, 2015 12:00am

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 25 Feb, 2015 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (February 24, 2015).

Published 25 Feb, 2015 12:00am

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Tuesday (February 24, 2015).

Published 25 Feb, 2015 12:00am

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Tuesday (February 24, 2015).

Published 25 Feb, 2015 12:00am

Libor

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Tuesday (February 24, 2015).

Published 25 Feb, 2015 12:00am

Senate elections: Comprehensive electoral reforms needed: Zardari

Electoral rigging and horse-trading at multiple levels is a major issue that lies at the root of manipulated power transfer and needs to be addressed comprehensively in a holistic manner instead of looking for piecemeal solutions. This has been stated by

Published 25 Feb, 2015 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Tuesday (February 24, 2015).

Published 25 Feb, 2015 12:00am

Senate elections: Comprehensive electoral reforms needed: Zardari

Electoral rigging and horse-trading at multiple levels is a major issue that lies at the root of manipulated power transfer and needs to be addressed comprehensively in a holistic manner instead of looking for piecemeal solutions. This has been stated by

Published 25 Feb, 2015 12:00am

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (February 24, 2015).

Published 25 Feb, 2015 12:00am

Open or closed court: Judges have broad discretion to decide; ordinance promulgated

President Mamnoon Hussain has promulgated ordinance of amendment in Pakistan Army Act: according to which, judges of military courts will have discretion to decide whether the proceedings will be in open court or not. The summary of the amendment ordinanc

Published 25 Feb, 2015 12:00am

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 (February 24, 2015).

Published 25 Feb, 2015 12:00am

Open or closed court: Judges have broad discretion to decide; ordinance promulgated

President Mamnoon Hussain has promulgated ordinance of amendment in Pakistan Army Act: according to which, judges of military courts will have discretion to decide whether the proceedings will be in open court or not. The summary of the amendment ordinanc

Published 25 Feb, 2015 12:00am

Banks' rates for currency notes (buying and selling)

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Tuesday (February 24, 2015).

Published 25 Feb, 2015 12:00am

Open or closed court: Judges have broad discretion to decide; ordinance promulgated

President Mamnoon Hussain has promulgated ordinance of amendment in Pakistan Army Act: according to which, judges of military courts will have discretion to decide whether the proceedings will be in open court or not. The summary of the amendment ordinanc

Published 25 Feb, 2015 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (February 24, 2015).

Published 25 Feb, 2015 12:00am

Prime Minister, CoAS review NAP, Zarb-e-Azb

Chief of Army Staff (CoAS) General Raheel Sharif on Tuesday met Prime Minister Nawaz Sharif at the Prime Minister's House in Islamabad and discussed with him the internal security situation of the country as well as Chinese President Xi Jinping's upcoming

Published 25 Feb, 2015 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (February 24, 2015).

Published 25 Feb, 2015 12:00am

Prime Minister, CoAS review NAP, Zarb-e-Azb

Chief of Army Staff (CoAS) General Raheel Sharif on Tuesday met Prime Minister Nawaz Sharif at the Prime Minister's House in Islamabad and discussed with him the internal security situation of the country as well as Chinese President Xi Jinping's upcoming

Published 25 Feb, 2015 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Tuesday (February 24, 2015).

Published 25 Feb, 2015 12:00am

Banks, DFIs told: no banking services for proscribed entities: SBP

The State Bank of Pakistan (SBP) Tuesday advised banks/DFIs/MFBs not to provide any banking services to proscribed entities and persons or their associates, whether under the proscribed name or with a different name. The SBP has also directed banks/DFIs/M

Published 25 Feb, 2015 12:00am

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 25 Feb, 2015 12:00am

Banks, DFIs told: no banking services for proscribed entities: SBP

The State Bank of Pakistan (SBP) Tuesday advised banks/DFIs/MFBs not to provide any banking services to proscribed entities and persons or their associates, whether under the proscribed name or with a different name. The SBP has also directed banks/DFIs/M

Published 25 Feb, 2015 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (February 24, 2015).

Published 25 Feb, 2015 12:00am

Banks, DFIs told: no banking services for proscribed entities: SBP

The State Bank of Pakistan (SBP) Tuesday advised banks/DFIs/MFBs not to provide any banking services to proscribed entities and persons or their associates, whether under the proscribed name or with a different name. The SBP has also directed banks/DFIs/M

Published 25 Feb, 2015 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (February 24, 2015).

Published 25 Feb, 2015 12:00am

Financing schemes: SBP reduces interest rate

The State Bank of Pakistan (SBP) on Tuesday announced reduction and introduction of a flat 7.5 percent p.a interest rate for various financing schemes to facilitate the domestic industry and exporters. According to SBP, end-user rates for financing for po

Published 25 Feb, 2015 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (February 24, 2015).

Published 25 Feb, 2015 12:00am

Financing schemes: SBP reduces interest rate

The State Bank of Pakistan (SBP) on Tuesday announced reduction and introduction of a flat 7.5 percent p.a interest rate for various financing schemes to facilitate the domestic industry and exporters. According to SBP, end-user rates for financing for po

Published 25 Feb, 2015 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Tuesday (February 24, 2015).

Published 25 Feb, 2015 12:00am

Financing schemes: SBP reduces interest rate

The State Bank of Pakistan (SBP) on Tuesday announced reduction and introduction of a flat 7.5 percent p.a interest rate for various financing schemes to facilitate the domestic industry and exporters. According to SBP, end-user rates for financing for po

Published 25 Feb, 2015 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Tuesday (February 24, 2015).

Published 25 Feb, 2015 12:00am

Money market: SBP seeks to set 'target rate' for O/N repo

In order to further strengthen the transmission of monetary policy and the desired effect on term structure of interest rate, State Bank of Pakistan (SBP) has announced that it will review its interest rate corridor framework. According to SBP, a main fea

Published 25 Feb, 2015 12:00am

Board meetings in progress

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

Published 25 Feb, 2015 12:00am

EFU GUARANT GROWTH FUND Rates

EFU Guarant Growth Fund Rates on Tuesday (February 24, 2015).

Published 25 Feb, 2015 12:00am

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

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