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Print - 2015-02-25
Lahore Grain Market Rates

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
Nepra clarification

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
Nepra clarification

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

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

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

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

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

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

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
Indian foreign secretary may visit in first week of March

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
Indian foreign secretary may visit in first week of March

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 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

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 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

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
Gabol resigns as MNA

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
Gabol resigns as MNA

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
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (February 24, 2015).

Published 25 Feb, 2015 12:00am
PCB summons Moin over casino visit

PCB summons Moin over casino visit

Chief Selector Moin Khan, who is facing probe of Pakistan Cricket Board (PCB) for visiting a casino in New Zealand has been immediately summoned back to the country by the PCB to clarify his position in person. "We have decided to call Moin Khan back who
Published 25 Feb, 2015 12:00am
PCB summons Moin over casino visit

PCB summons Moin over casino visit

Chief Selector Moin Khan, who is facing probe of Pakistan Cricket Board (PCB) for visiting a casino in New Zealand has been immediately summoned back to the country by the PCB to clarify his position in person. "We have decided to call Moin Khan back who
Published 25 Feb, 2015 12:00am
LSE index marginally declines by 8.97 points

LSE index marginally declines by 8.97 points

Equities failed to continue rising trend on the Lahore Stock Exchange on Tuesday and suffered declines amid improved trading turnover due to selling pressure under the lead of oil sector. The LSE-25 index was marginally declined by 8.97 points to close at
Published 25 Feb, 2015 12:00am
LSE index marginally declines by 8.97 points

LSE index marginally declines by 8.97 points

Equities failed to continue rising trend on the Lahore Stock Exchange on Tuesday and suffered declines amid improved trading turnover due to selling pressure under the lead of oil sector. The LSE-25 index was marginally declined by 8.97 points to close at
Published 25 Feb, 2015 12:00am
BoDs of Discos: representation of each district sought

BoDs of Discos: representation of each district sought

National Assembly Standing Committee on Planning, Development and Reform has recommended to the Ministry of Water and Power for the inclusion of a representative of every concerned district on the board of directors of electricity distribution companies (
Published 25 Feb, 2015 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 25 Feb, 2015 12:00am
BoDs of Discos: representation of each district sought

BoDs of Discos: representation of each district sought

National Assembly Standing Committee on Planning, Development and Reform has recommended to the Ministry of Water and Power for the inclusion of a representative of every concerned district on the board of directors of electricity distribution companies (
Published 25 Feb, 2015 12:00am
Board meetings in progress

Board meetings in progress

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

Published 25 Feb, 2015 12:00am
BoDs of Discos: representation of each district sought

BoDs of Discos: representation of each district sought

National Assembly Standing Committee on Planning, Development and Reform has recommended to the Ministry of Water and Power for the inclusion of a representative of every concerned district on the board of directors of electricity distribution companies (
Published 25 Feb, 2015 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 25 Feb, 2015 12:00am
Amended GIDC bill approved by National Assembly body

Amended GIDC bill approved by National Assembly body

The National Assembly Standing Committee on Tuesday approved the amended Gas Infrastructure Development Cess (GIDC) bill, 2014, to give a legal cover to the Rs 95 billion revenue collection target. The meeting was held with Chaudhry Bilal Ahmed Virk in th
Published 25 Feb, 2015 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 25 Feb, 2015 12:00am
Amended GIDC bill approved by National Assembly body

Amended GIDC bill approved by National Assembly body

The National Assembly Standing Committee on Tuesday approved the amended Gas Infrastructure Development Cess (GIDC) bill, 2014, to give a legal cover to the Rs 95 billion revenue collection target. The meeting was held with Chaudhry Bilal Ahmed Virk in th
Published 25 Feb, 2015 12:00am
Amended GIDC bill approved by National Assembly body

Amended GIDC bill approved by National Assembly body

The National Assembly Standing Committee on Tuesday approved the amended Gas Infrastructure Development Cess (GIDC) bill, 2014, to give a legal cover to the Rs 95 billion revenue collection target. The meeting was held with Chaudhry Bilal Ahmed Virk in th
Published 25 Feb, 2015 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 25 Feb, 2015 12:00am
NHP arrears, gas royalty: KP seeks Rs 200 billion from Centre

NHP arrears, gas royalty: KP seeks Rs 200 billion from Centre

Khyber Pakhtunkhwa government has reportedly sought Rs 200 billion from the federal government on account of what it says net hydel profit arrears and gas royalty. Sources said Chief Minister of KPK Pervez Khattak took up the issue of net hyderl profit ar
Published 25 Feb, 2015 12:00am
NHP arrears, gas royalty: KP seeks Rs 200 billion from Centre

NHP arrears, gas royalty: KP seeks Rs 200 billion from Centre

Khyber Pakhtunkhwa government has reportedly sought Rs 200 billion from the federal government on account of what it says net hydel profit arrears and gas royalty. Sources said Chief Minister of KPK Pervez Khattak took up the issue of net hyderl profit ar
Published 25 Feb, 2015 12:00am
NHP arrears, gas royalty: KP seeks Rs 200 billion from Centre

NHP arrears, gas royalty: KP seeks Rs 200 billion from Centre

Khyber Pakhtunkhwa government has reportedly sought Rs 200 billion from the federal government on account of what it says net hydel profit arrears and gas royalty. Sources said Chief Minister of KPK Pervez Khattak took up the issue of net hyderl profit ar
Published 25 Feb, 2015 12:00am
Power Policy 2015 promises to offer better incentives

Power Policy 2015 promises to offer better incentives

Government has decided to announce the Power Policy 2015 aimed at offering better incentives and simplified processing to bridge demand-supply gap currently hovering around 6000MW.
Published 25 Feb, 2015 12:00am
Power Policy 2015 promises to offer better incentives

Power Policy 2015 promises to offer better incentives

Government has decided to announce the Power Policy 2015 aimed at offering better incentives and simplified processing to bridge demand-supply gap currently hovering around 6000MW.
Published 25 Feb, 2015 12:00am
Power Policy 2015 promises to offer better incentives

Power Policy 2015 promises to offer better incentives

Government has decided to announce the Power Policy 2015 aimed at offering better incentives and simplified processing to bridge demand-supply gap currently hovering around 6000MW.
Published 25 Feb, 2015 12:00am
Senate body adopts amendments to privatisation law

Senate body adopts amendments to privatisation law

Senate Standing Committee on Finance has adopted, in the Privatisation Commission Ordinance 2000, amendments regarding post-audit of privatisation transactions and mandatory declaration of interests by Privatisation Commission members to ensure transparen
Published 25 Feb, 2015 12:00am
Senate body adopts amendments to privatisation law

Senate body adopts amendments to privatisation law

Senate Standing Committee on Finance has adopted, in the Privatisation Commission Ordinance 2000, amendments regarding post-audit of privatisation transactions and mandatory declaration of interests by Privatisation Commission members to ensure transparen
Published 25 Feb, 2015 12:00am
Senate body adopts amendments to privatisation law

Senate body adopts amendments to privatisation law

Senate Standing Committee on Finance has adopted, in the Privatisation Commission Ordinance 2000, amendments regarding post-audit of privatisation transactions and mandatory declaration of interests by Privatisation Commission members to ensure transparen
Published 25 Feb, 2015 12:00am
21st Amendment: CJP urged to form larger bench

21st Amendment: CJP urged to form larger bench

Accepting the plea of one of the petitioner's counsel, a three-member bench of the Supreme Court Tuesday referred the hearing of identical petitions against the 21st Constitutional Amendment to Chief Justice Nasirul Mulk to form a larger bench for adjudic
Published 25 Feb, 2015 12:00am
21st Amendment: CJP urged to form larger bench

21st Amendment: CJP urged to form larger bench

Accepting the plea of one of the petitioner's counsel, a three-member bench of the Supreme Court Tuesday referred the hearing of identical petitions against the 21st Constitutional Amendment to Chief Justice Nasirul Mulk to form a larger bench for adjudic
Published 25 Feb, 2015 12:00am
BRIndex30 falls 50.2 points

BRIndex30 falls 50.2 points

On Tuesday, BRIndex30 opened at 19,527.02 points. It touched an intraday high of 19,634.65 points and an intraday low of 19,453.58 points and closed at 19,476.82 points which was -50.2 points or -0.26 percent lower than previous close. Total volume was 83
Published 25 Feb, 2015 12:00am
BRIndex30 falls 50.2 points

BRIndex30 falls 50.2 points

On Tuesday, BRIndex30 opened at 19,527.02 points. It touched an intraday high of 19,634.65 points and an intraday low of 19,453.58 points and closed at 19,476.82 points which was -50.2 points or -0.26 percent lower than previous close. Total volume was 83
Published 25 Feb, 2015 12:00am
KSE stays bearish

KSE stays bearish

Despite record earnings in certain banking and cement scrips, the Karachi share market stayed bearish amid thin trading activity Tuesday. A late session profit-taking in oil stocks is believed to have helped the bears dominate the KSE-100 share index that
Published 25 Feb, 2015 12:00am
KSE stays bearish

KSE stays bearish

Despite record earnings in certain banking and cement scrips, the Karachi share market stayed bearish amid thin trading activity Tuesday. A late session profit-taking in oil stocks is believed to have helped the bears dominate the KSE-100 share index that
Published 25 Feb, 2015 12:00am
KSE stays bearish

KSE stays bearish

Despite record earnings in certain banking and cement scrips, the Karachi share market stayed bearish amid thin trading activity Tuesday. A late session profit-taking in oil stocks is believed to have helped the bears dominate the KSE-100 share index that
Published 25 Feb, 2015 12:00am
Draghi gives guarded welcome to Greek reforms

Draghi gives guarded welcome to Greek reforms

The head of the European Central Bank welcomed Greece''s reform plans on Tuesday but said he would keep a close watch on ideas that depart from previous pledges, underlining the need for Greece to stick to its commitments. In a letter to the chairman of t
Published 25 Feb, 2015 12:00am
Draghi gives guarded welcome to Greek reforms

Draghi gives guarded welcome to Greek reforms

The head of the European Central Bank welcomed Greece's reform plans on Tuesday but said he would keep a close watch on ideas that depart from previous pledges, underlining the need for Greece to stick to its commitments. In a letter to the chairman of th
Published 25 Feb, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (February 24, 2015).

Published 25 Feb, 2015 12:00am
Draghi gives guarded welcome to Greek reforms

Draghi gives guarded welcome to Greek reforms

The head of the European Central Bank welcomed Greece's reform plans on Tuesday but said he would keep a close watch on ideas that depart from previous pledges, underlining the need for Greece to stick to its commitments. In a letter to the chairman of th
Published 25 Feb, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq 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

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
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq 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

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

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
Financing schemes: SBP reduces interest rate

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