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Print - 2015-04-22
Palm oil up

Palm oil up

Malaysian palm oil futures extended their gains into a third session and rose to the highest in nearly two weeks on Tuesday as the ringgit retreated, while a promising technical outlook also stoked buying interest. The Malaysian ringgit fell 0.4 percent t
Published 22 Apr, 2015 12:00am
Rubber rises

Rubber rises

Benchmark Tokyo rubber futures ended up 3.5 percent on Tuesday, marking their biggest daily percentage gain since December 30, 2014 after hitting a two-week high earlier in the session, bolstered by a weaker yen against the dollar. However, weak market fu
Published 22 Apr, 2015 12:00am
Soyabeans rise on Chinese stimulus

Soyabeans rise on Chinese stimulus

US soyabean futures rose for a fifth consecutive session on Monday on worries about a possible trucker strike in Brazil and as an economic stimulus move by top importer China reinforced expectations of brisk demand for the oilseed. Wheat rebounded from st
Published 22 Apr, 2015 12:00am
Coffee rallies

Coffee rallies

Arabica coffee futures rallied to their highest level in two weeks on Tuesday, supported by a lack of selling in top grower Brazil due to a national holiday, while raw sugar extended the prior session's steep losses to hit two-week lows. New York cocoa on
Published 22 Apr, 2015 12:00am
Gold below $1,200 in New York

Gold below $1,200 in New York

Gold fell below $1,200 an ounce on Monday as equities rallied and the dollar steadied, while traders assessed China's new policy measures to shore up the world's second-largest economy and risks that Greece may default. Spot gold was down 0.8 percent at $
Published 22 Apr, 2015 12:00am
Gold down in Asia

Gold down in Asia

Gold remained below the key $1,200 level on Tuesday, adding to overnight losses, as a rally in global equities and a firmer dollar dented the metal's appeal as a safe haven. Spot gold was down 0.2 percent to $1,194 an ounce at 0657 GMT after losing 0.7 pe
Published 22 Apr, 2015 12:00am
Gold steadies in Europe

Gold steadies in Europe

Gold steadied below $1,200 an ounce on Tuesday after its biggest one-day loss in a week, under pressure from a rising dollar and a rally in global equities, which diverted some interest from the metal. European stocks rose 0.6 percent and Wall Street open
Published 22 Apr, 2015 12:00am
US MIDDAY: corn lower

US MIDDAY: corn lower

US corn futures fell more than 1 percent on Tuesday on planting progress in the world's top producer, coupled with concerns about bird flu slowing demand for poultry feed, traders said. Soyabeans declined as the bird flu fears pressured futures for soyame
Published 22 Apr, 2015 12:00am
US MIDDAY: spot gold rises

US MIDDAY: spot gold rises

Gold rose past chart resistance early on Tuesday, recouping most of the previous session's losses in choppy, currency-driven trade after the US dollar turned lower and bolstered bullion's appeal. Global stocks gained as upbeat corporate earnings offset ri
Published 22 Apr, 2015 12:00am
Bangladesh opposition fury over attack on Khaleda convoy

Bangladesh opposition fury over attack on Khaleda convoy

Bangladesh's opposition accused pro-government supporters Tuesday of trying to kill their leader Khaleda Zia after her car was shot at and stoned by a mob while campaigning in Dhaka's mayoral election. Although Zia emerged unscathed from Monday evening's
Published 22 Apr, 2015 12:00am
Bangladesh opposition fury over attack on Khaleda convoy

Bangladesh opposition fury over attack on Khaleda convoy

Bangladesh's opposition accused pro-government supporters Tuesday of trying to kill their leader Khaleda Zia after her car was shot at and stoned by a mob while campaigning in Dhaka's mayoral election. Although Zia emerged unscathed from Monday evening's
Published 22 Apr, 2015 12:00am
Egyptian poet Abnudi dies at 76

Egyptian poet Abnudi dies at 76

Egyptian poet Abdel Rahman al-Abnudi, widely known for his revolutionary verse and criticism of two toppled presidents, died Tuesday at the age of 76, his wife said. Abnudi, who underwent brain surgery at a Cairo hospital just days ago, rose to prominence
Published 22 Apr, 2015 12:00am
The Weather

The Weather

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

Published 22 Apr, 2015 12:00am
Egyptian poet Abnudi dies at 76

Egyptian poet Abnudi dies at 76

Egyptian poet Abdel Rahman al-Abnudi, widely known for his revolutionary verse and criticism of two toppled presidents, died Tuesday at the age of 76, his wife said. Abnudi, who underwent brain surgery at a Cairo hospital just days ago, rose to prominence
Published 22 Apr, 2015 12:00am
Bullion Rates

Bullion Rates

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

Published 22 Apr, 2015 12:00am
Two soldiers, five militants killed in Gwadar

Two soldiers, five militants killed in Gwadar

Two paramilitary soldiers and five insurgents were killed in gunbattles on Tuesday in Balochistan, officials said, highlighting the challenges to a huge Chinese investment project. The first clash was in Gwadar district, where Beijing has taken over a dee
Published 22 Apr, 2015 12:00am
Bullion Rates

Bullion Rates

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

Published 22 Apr, 2015 12:00am
Two soldiers, five militants killed in Gwadar

Two soldiers, five militants killed in Gwadar

Two paramilitary soldiers and five insurgents were killed in gunbattles on Tuesday in Balochistan, officials said, highlighting the challenges to a huge Chinese investment project. The first clash was in Gwadar district, where Beijing has taken over a dee
Published 22 Apr, 2015 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 22 Apr, 2015 12:00am
Twitter moves to stem violent threats, abuse

Twitter moves to stem violent threats, abuse

Twitter on Tuesday began implementing a new policy aimed at curbing use of the social network to incite violence, and to crack down on abuse and harassment on the service. The new rules are the latest implemented by social networks aiming to stem violence
Published 22 Apr, 2015 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 22 Apr, 2015 12:00am
Twitter moves to stem violent threats, abuse

Twitter moves to stem violent threats, abuse

Twitter on Tuesday began implementing a new policy aimed at curbing use of the social network to incite violence, and to crack down on abuse and harassment on the service. The new rules are the latest implemented by social networks aiming to stem violence
Published 22 Apr, 2015 12:00am
Cotton Spot Rates

Cotton Spot Rates

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

Published 22 Apr, 2015 12:00am
Twitter moves to stem violent threats, abuse

Twitter moves to stem violent threats, abuse

Twitter on Tuesday began implementing a new policy aimed at curbing use of the social network to incite violence, and to crack down on abuse and harassment on the service. The new rules are the latest implemented by social networks aiming to stem violence
Published 22 Apr, 2015 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (April 21, 2015)

Published 22 Apr, 2015 12:00am
Iran says not interested in FTA: Dastgir reaches Tehran

Iran says not interested in FTA: Dastgir reaches Tehran

Commerce Minister, Engineer Khurram Dastgir has reached Tehran (Iran) aimed at enhancing declining bilateral trade as Iran has clearly conveyed to Pakistan that it has no interest in inking Free Trade Agreement (FTA), well informed sources told Busines
Published 22 Apr, 2015 12:00am
Iran says not interested in FTA: Dastgir reaches Tehran

Iran says not interested in FTA: Dastgir reaches Tehran

Commerce Minister, Engineer Khurram Dastgir has reached Tehran (Iran) aimed at enhancing declining bilateral trade as Iran has clearly conveyed to Pakistan that it has no interest in inking Free Trade Agreement (FTA), well informed sources told Busines
Published 22 Apr, 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 (April 21, 2015).

Published 22 Apr, 2015 12:00am
Iran says not interested in FTA: Dastgir reaches Tehran

Iran says not interested in FTA: Dastgir reaches Tehran

Commerce Minister, Engineer Khurram Dastgir has reached Tehran (Iran) aimed at enhancing declining bilateral trade as Iran has clearly conveyed to Pakistan that it has no interest in inking Free Trade Agreement (FTA), well informed sources told Busines
Published 22 Apr, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

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

Published 22 Apr, 2015 12:00am
Karachiites asked to surrender illegal weapons by April 30

Karachiites asked to surrender illegal weapons by April 30

Director General of Sindh Rangers on Tuesday asked the citizens to surrender their illegal weapons/weapons kept on fake license at the nearest Rangers post by April 30. A Rangers spokesperson in a press release said that DG Rangers had observed with conce
Published 22 Apr, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

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

Published 22 Apr, 2015 12:00am
Karachiites asked to surrender illegal weapons by April 30

Karachiites asked to surrender illegal weapons by April 30

Director General of Sindh Rangers on Tuesday asked the citizens to surrender their illegal weapons/weapons kept on fake license at the nearest Rangers post by April 30. A Rangers spokesperson in a press release said that DG Rangers had observed with conce
Published 22 Apr, 2015 12:00am
CASA 1000: Core project pacts to be inked in Turkey on April 23

CASA 1000: Core project pacts to be inked in Turkey on April 23

Core project agreements of the long-awaited Central Asia South Asia 1000 (CASA 1000) will be signed on April 23-24, 2015 in Turkey, official sources told Business Recorder. Minister for Water and Power, Khawaja Asif, Additional Secretary Incharge M
Published 22 Apr, 2015 12:00am
CASA 1000: Core project pacts to be inked in Turkey on April 23

CASA 1000: Core project pacts to be inked in Turkey on April 23

Core project agreements of the long-awaited Central Asia South Asia 1000 (CASA 1000) will be signed on April 23-24, 2015 in Turkey, official sources told Business Recorder. Minister for Water and Power, Khawaja Asif, Additional Secretary Incharge M
Published 22 Apr, 2015 12:00am
THE RUPEE: little changes

THE RUPEE: little changes

Minor changes were seen in the value of the rupee on the money market on Tuesday in the process of trading, dealers said. The rupee inched up by one-paisa against the dollar for buying and selling at Rs 101.56 and Rs 101.58 respectively, they said.
Published 22 Apr, 2015 12:00am
CASA 1000: Core project pacts to be inked in Turkey on April 23

CASA 1000: Core project pacts to be inked in Turkey on April 23

Core project agreements of the long-awaited Central Asia South Asia 1000 (CASA 1000) will be signed on April 23-24, 2015 in Turkey, official sources told Business Recorder. Minister for Water and Power, Khawaja Asif, Additional Secretary Incharge M
Published 22 Apr, 2015 12:00am
THE RUPEE: little changes

THE RUPEE: little changes

Minor changes were seen in the value of the rupee on the money market on Tuesday in the process of trading, dealers said. The rupee inched up by one-paisa against the dollar for buying and selling at Rs 101.56 and Rs 101.58 respectively, they said.
Published 22 Apr, 2015 12:00am
CASA 1000: Core project pacts to be inked in Turkey on April 23

CASA 1000: Core project pacts to be inked in Turkey on April 23

Core project agreements of the long-awaited Central Asia South Asia 1000 (CASA 1000) will be signed on April 23-24, 2015 in Turkey, official sources told Business Recorder. Minister for Water and Power, Khawaja Asif, Additional Secretary Incharge M
Published 22 Apr, 2015 12:00am
MoI to fine-tune ECL, regulate security companies: four bodies formed

MoI to fine-tune ECL, regulate security companies: four bodies formed

The Ministry of Interior Tuesday constituted four committees to fine-tune the upcoming Exit Control List (ECL), regulate security companies, grant permission for bullet proof vehicles and issue new arms licenses. An official from the Ministry of Interior
Published 22 Apr, 2015 12:00am
MoI to fine-tune ECL, regulate security companies: four bodies formed

MoI to fine-tune ECL, regulate security companies: four bodies formed

The Ministry of Interior Tuesday constituted four committees to fine-tune the upcoming Exit Control List (ECL), regulate security companies, grant permission for bullet proof vehicles and issue new arms licenses. An official from the Ministry of Interior
Published 22 Apr, 2015 12:00am
World oil down as Saudi Arabia ends Yemen bombing

World oil down as Saudi Arabia ends Yemen bombing

Oil prices fell on Tuesday after Saudi Arabia announced the end of its military campaign in Yemen, easing tensions in the Middle East, and traders expected another weekly build in US crude stockpiles. The Saudi-led coalition bombing Yemen said its three-w
Published 22 Apr, 2015 12:00am
ISE index drops 42.05 points

ISE index drops 42.05 points

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) on Tuesday, where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 42.05 points as the ISE Ten Index moved from 3,683.05
Published 22 Apr, 2015 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (April 21, 2015).

Published 22 Apr, 2015 12:00am
ISE index drops 42.05 points

ISE index drops 42.05 points

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) on Tuesday, where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 42.05 points as the ISE Ten Index moved from 3,683.05
Published 22 Apr, 2015 12:00am
LSE index shed 49.54 points

LSE index shed 49.54 points

The Stock Exchange shares suffered losses on Tuesday amid bearish sentiments as the LSE-25 index shed 49.54 points to 5557.06 against 5606.60. The transaction volume squeezed to 1.095 million shares compared with the day's earlier volume of 1.434 million
Published 22 Apr, 2015 12:00am
LSE index shed 49.54 points

LSE index shed 49.54 points

The Stock Exchange shares suffered losses on Tuesday amid bearish sentiments as the LSE-25 index shed 49.54 points to 5557.06 against 5606.60. The transaction volume squeezed to 1.095 million shares compared with the day's earlier volume of 1.434 million
Published 22 Apr, 2015 12:00am
Young prince leads Saudi Arabia's war in Yemen

Young prince leads Saudi Arabia's war in Yemen

He wields enormous power and leads a war against rebels in neighbouring Yemen for his father King Salman, but Saudi Arabia's defence minister is still in his early 30s. Just weeks after he was appointed to the key post in January, Prince Mohammed bin Salm
Published 22 Apr, 2015 12:00am
BRIndex30 loses 162.31 points

BRIndex30 loses 162.31 points

On Tuesday, BRIndex30 opened at 19,658.02 points. It touched an intraday high of 19,734.59 points and an intraday low of 19,279.71 points and closed at 19,495.71 points which was -162.31 points or -0.83 percent lower than previous close. Total volume was
Published 22 Apr, 2015 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 22 Apr, 2015 12:00am
BRIndex30 loses 162.31 points

BRIndex30 loses 162.31 points

On Tuesday, BRIndex30 opened at 19,658.02 points. It touched an intraday high of 19,734.59 points and an intraday low of 19,279.71 points and closed at 19,495.71 points which was -162.31 points or -0.83 percent lower than previous close. Total volume was
Published 22 Apr, 2015 12:00am
Bears overpower bulls

Bears overpower bulls

Profit-taking by institutional investors enabled the bears to overpower bulls at the Karachi share market Tuesday. The day saw the KSE-100 index shedding 269 points or 0.81 percent to close at 33,035.77 from 33,304.64 points of the previous session. "Stoc
Published 22 Apr, 2015 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 22 Apr, 2015 12:00am
Bears overpower bulls

Bears overpower bulls

Profit-taking by institutional investors enabled the bears to overpower bulls at the Karachi share market Tuesday. The day saw the KSE-100 index shedding 269 points or 0.81 percent to close at 33,035.77 from 33,304.64 points of the previous session. "Stoc
Published 22 Apr, 2015 12:00am
Bears overpower bulls

Bears overpower bulls

Profit-taking by institutional investors enabled the bears to overpower bulls at the Karachi share market Tuesday. The day saw the KSE-100 index shedding 269 points or 0.81 percent to close at 33,035.77 from 33,304.64 points of the previous session. "Stoc
Published 22 Apr, 2015 12:00am
4 LNG cargoes may be imported

4 LNG cargoes may be imported

Pakistan is likely to import four more Liquefied Natural Gas (LNG) cargoes from Qatar on the basis of Freight on Board (FoB) as finalisation of long-term Supply Purchase Agreement (SPA) with Qatar may take a few more months, sources close to Secretary Pet
Published 22 Apr, 2015 12:00am
4 LNG cargoes may be imported

4 LNG cargoes may be imported

Pakistan is likely to import four more Liquefied Natural Gas (LNG) cargoes from Qatar on the basis of Freight on Board (FoB) as finalisation of long-term Supply Purchase Agreement (SPA) with Qatar may take a few more months, sources close to Secretary Pet
Published 22 Apr, 2015 12:00am
4 LNG cargoes may be imported

4 LNG cargoes may be imported

Pakistan is likely to import four more Liquefied Natural Gas (LNG) cargoes from Qatar on the basis of Freight on Board (FoB) as finalisation of long-term Supply Purchase Agreement (SPA) with Qatar may take a few more months, sources close to Secretary Pet
Published 22 Apr, 2015 12:00am
ECC may mull allocation, pricing of LNG today

ECC may mull allocation, pricing of LNG today

The Economic Co-ordination Committee (ECC) of the Cabinet meeting scheduled today (Wednesday) is likely to consider allocation and pricing of LNG along with associated matters, it was learnt. Sources said that the ECC meeting chaired by Finance Minister I
Published 22 Apr, 2015 12:00am
ECC may mull allocation, pricing of LNG today

ECC may mull allocation, pricing of LNG today

The Economic Co-ordination Committee (ECC) of the Cabinet meeting scheduled today (Wednesday) is likely to consider allocation and pricing of LNG along with associated matters, it was learnt. Sources said that the ECC meeting chaired by Finance Minister I
Published 22 Apr, 2015 12:00am
ECC may mull allocation, pricing of LNG today

ECC may mull allocation, pricing of LNG today

The Economic Co-ordination Committee (ECC) of the Cabinet meeting scheduled today (Wednesday) is likely to consider allocation and pricing of LNG along with associated matters, it was learnt. Sources said that the ECC meeting chaired by Finance Minister I
Published 22 Apr, 2015 12:00am
Morsi jailed for 20 years

Morsi jailed for 20 years

An Egyptian court Tuesday sentenced ousted president Mohamed Morsi to 20 years in prison for abuses against protesters but acquitted the Islamist leader of charges carrying a possible death penalty. Morsi was convicted of ordering the arrest and torture o
Published 22 Apr, 2015 12:00am
Morsi jailed for 20 years

Morsi jailed for 20 years

An Egyptian court Tuesday sentenced ousted president Mohamed Morsi to 20 years in prison for abuses against protesters but acquitted the Islamist leader of charges carrying a possible death penalty. Morsi was convicted of ordering the arrest and torture o
Published 22 Apr, 2015 12:00am
Executions: government urges SC to vacate stay

Executions: government urges SC to vacate stay

The federal government on Tuesday urged the Supreme Court to vacate its stay order that it earlier granted against execution of death sentences awarded by the recently-established military courts under the 21st Constitutional Amendment. Taking up 28 pleas
Published 22 Apr, 2015 12:00am
Executions: government urges SC to vacate stay

Executions: government urges SC to vacate stay

The federal government on Tuesday urged the Supreme Court to vacate its stay order that it earlier granted against execution of death sentences awarded by the recently-established military courts under the 21st Constitutional Amendment. Taking up 28 pleas
Published 22 Apr, 2015 12:00am
Imam-e-Kaaba due tomorrow

Imam-e-Kaaba due tomorrow

Imam-e-Kaaba, Sheikh Kahlid Bin Ali Al-Ghamdi is due to arrive here tomorrow (Thursday). Sources said that Imam-e-Kaaba, who is expected to remain in the country for about six days, will meet Pakistani leadership. During his stay in the country, he would
Published 22 Apr, 2015 12:00am
Imam-e-Kaaba due tomorrow

Imam-e-Kaaba due tomorrow

Imam-e-Kaaba, Sheikh Kahlid Bin Ali Al-Ghamdi is due to arrive here tomorrow (Thursday). Sources said that Imam-e-Kaaba, who is expected to remain in the country for about six days, will meet Pakistani leadership. During his stay in the country, he would
Published 22 Apr, 2015 12:00am
Coalition ends Yemen air war, but keeps options open

Coalition ends Yemen air war, but keeps options open

A Saudi-led coalition declared an end Tuesday to four weeks of air strikes in Yemen, saying the threat of Iran-backed rebels there had been removed and that operations are entering a political phase. However, it left open the option of resuming strikes if
Published 22 Apr, 2015 12:00am
Coalition ends Yemen air war, but keeps options open

Coalition ends Yemen air war, but keeps options open

A Saudi-led coalition declared an end Tuesday to four weeks of air strikes in Yemen, saying the threat of Iran-backed rebels there had been removed and that operations are entering a political phase. However, it left open the option of resuming strikes if
Published 22 Apr, 2015 12:00am
Safety of Chinese workers: special army division to be deputed

Safety of Chinese workers: special army division to be deputed

Pakistan Army has decided to depute special security division for the protection of Chinese working in Pakistan. According to ISPR, "A special security division, comprising Army Battalions and CAF wings, is being raised as a dedicated force for Pak-China
Published 22 Apr, 2015 12:00am