AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 129.06 Decreased By ▼ -0.47 (-0.36%)
BOP 6.75 Increased By ▲ 0.07 (1.05%)
CNERGY 4.49 Decreased By ▼ -0.14 (-3.02%)
DCL 8.55 Decreased By ▼ -0.39 (-4.36%)
DFML 40.82 Decreased By ▼ -0.87 (-2.09%)
DGKC 80.96 Decreased By ▼ -2.81 (-3.35%)
FCCL 32.77 No Change ▼ 0.00 (0%)
FFBL 74.43 Decreased By ▼ -1.04 (-1.38%)
FFL 11.74 Increased By ▲ 0.27 (2.35%)
HUBC 109.58 Decreased By ▼ -0.97 (-0.88%)
HUMNL 13.75 Decreased By ▼ -0.81 (-5.56%)
KEL 5.31 Decreased By ▼ -0.08 (-1.48%)
KOSM 7.72 Decreased By ▼ -0.68 (-8.1%)
MLCF 38.60 Decreased By ▼ -1.19 (-2.99%)
NBP 63.51 Increased By ▲ 3.22 (5.34%)
OGDC 194.69 Decreased By ▼ -4.97 (-2.49%)
PAEL 25.71 Decreased By ▼ -0.94 (-3.53%)
PIBTL 7.39 Decreased By ▼ -0.27 (-3.52%)
PPL 155.45 Decreased By ▼ -2.47 (-1.56%)
PRL 25.79 Decreased By ▼ -0.94 (-3.52%)
PTC 17.50 Decreased By ▼ -0.96 (-5.2%)
SEARL 78.65 Decreased By ▼ -3.79 (-4.6%)
TELE 7.86 Decreased By ▼ -0.45 (-5.42%)
TOMCL 33.73 Decreased By ▼ -0.78 (-2.26%)
TPLP 8.40 Decreased By ▼ -0.66 (-7.28%)
TREET 16.27 Decreased By ▼ -1.20 (-6.87%)
TRG 58.22 Decreased By ▼ -3.10 (-5.06%)
UNITY 27.49 Increased By ▲ 0.06 (0.22%)
WTL 1.39 Increased By ▲ 0.01 (0.72%)
BR100 10,445 Increased By 38.5 (0.37%)
BR30 31,189 Decreased By -523.9 (-1.65%)
KSE100 97,798 Increased By 469.8 (0.48%)
KSE30 30,481 Increased By 288.3 (0.95%)
Print - 2015-05-13
SSD to guard CPEC projects

SSD to guard CPEC projects

The federal government, on the directives of Prime Minister Nawaz Sharif, is going to form a "special security division" (SSD) to provide security to the multibillion dollars projects related to China Pakistan Economic Corridor (CPEC). The move comes on t
Published 13 May, 2015 12:00am
Gas prices to be raised from July 1

Gas prices to be raised from July 1

The government will raise gas prices from July 1, 2015, a senior Petroleum Ministry official revealed to Business Recorder. He said that there had been no increase since January 2013 and now the relevant officials have started preparing a working p
Published 13 May, 2015 12:00am
Gas prices to be raised from July 1

Gas prices to be raised from July 1

The government will raise gas prices from July 1, 2015, a senior Petroleum Ministry official revealed to Business Recorder. He said that there had been no increase since January 2013 and now the relevant officials have started preparing a working p
Published 13 May, 2015 12:00am
Gas prices to be raised from July 1

Gas prices to be raised from July 1

The government will raise gas prices from July 1, 2015, a senior Petroleum Ministry official revealed to Business Recorder. He said that there had been no increase since January 2013 and now the relevant officials have started preparing a working p
Published 13 May, 2015 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (May 12, 2015).

Published 13 May, 2015 12:00am
BRIndex30 surges 352.32 points

BRIndex30 surges 352.32 points

On Tues-day, BRIndex30 opened at 19,096.66 points. It touched an intraday high of 19,484.35 points and an intraday low of 18,823.03 points and closed at 19,448.98 points which was 352.32 points or 1.84 percent higher than previous close. Total volume was
Published 13 May, 2015 12:00am
BRIndex30 surges 352.32 points

BRIndex30 surges 352.32 points

On Tues-day, BRIndex30 opened at 19,096.66 points. It touched an intraday high of 19,484.35 points and an intraday low of 18,823.03 points and closed at 19,448.98 points which was 352.32 points or 1.84 percent higher than previous close. Total volume was
Published 13 May, 2015 12:00am
Stocks recoup losses

Stocks recoup losses

The Karachi share market recovered from Monday''s slump and gained 517 points to close at 33,023.80 Tuesday. The KSE-100 index hit the intraday high and low of 33,086.52 and 32,352.43 points, respectively with trading turnover contracting to 177 million s
Published 13 May, 2015 12:00am
Stocks recoup losses

Stocks recoup losses

The Karachi share market recovered from Monday's slump and gained 517 points to close at 33,023.80 Tuesday. The KSE-100 index hit the intraday high and low of 33,086.52 and 32,352.43 points, respectively with trading turnover contracting to 177 million sh
Published 13 May, 2015 12:00am
Stocks recoup losses

Stocks recoup losses

The Karachi share market recovered from Monday's slump and gained 517 points to close at 33,023.80 Tuesday. The KSE-100 index hit the intraday high and low of 33,086.52 and 32,352.43 points, respectively with trading turnover contracting to 177 million sh
Published 13 May, 2015 12:00am
Relations to be guided by three principles: CoAS

Relations to be guided by three principles: CoAS

Chief of Army Staff (CoAS) General Raheel Sharif said the territories of Pakistan and Afghanistan will not be allowed to be used against each other. He added that Pak-Afghan relations will be guided by three principles, Director General Director General I
Published 13 May, 2015 12:00am
Presentation

Presentation

Presentation at KSE auditorium (only for members and an authorised employee of the members).

Published 13 May, 2015 12:00am
Relations to be guided by three principles: CoAS

Relations to be guided by three principles: CoAS

Chief of Army Staff (CoAS) General Raheel Sharif said the territories of Pakistan and Afghanistan will not be allowed to be used against each other. He added that Pak-Afghan relations will be guided by three principles, Director General Director General I
Published 13 May, 2015 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 13 May, 2015 12:00am
Afghanistan's fight against Taliban: Prime Minister pledges full support

Afghanistan's fight against Taliban: Prime Minister pledges full support

Prime Minister Nawaz Sharif on Tuesday pledged support to Afghanistan in its fight against the Taliban during a visit to Kabul, the latest sign of a thaw in their once-frosty relationship. Sharif's visit to Kabul, his first since President Ashraf Ghani ca
Published 13 May, 2015 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 13 May, 2015 12:00am
Afghanistan's fight against Taliban: Prime Minister pledges full support

Afghanistan's fight against Taliban: Prime Minister pledges full support

Prime Minister Nawaz Sharif on Tuesday pledged support to Afghanistan in its fight against the Taliban during a visit to Kabul, the latest sign of a thaw in their once-frosty relationship. Sharif's visit to Kabul, his first since President Ashraf Ghani ca
Published 13 May, 2015 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 13 May, 2015 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (May 12, 2015).

Published 13 May, 2015 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (May 12, 2015).
Published 13 May, 2015 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Tuesday (May 12, 2015).

Published 13 May, 2015 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Tuesday (May 12, 2015).

Published 13 May, 2015 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Tuesday (May 12, 2015).

Published 13 May, 2015 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (May 12, 2015).

Published 13 May, 2015 12:00am
Barclays bid rates and maximum rates for payment of interest

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 13 May, 2015 12:00am
State Bank of Pakistan conversion rates

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 13 May, 2015 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 13 May, 2015 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 13 May, 2015 12:00am
Daily trading report of PMEX

Daily trading report of PMEX

On Monday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 2.863 billion. The number of lots traded was 12,069. PMEX Commodity Index closed at 2,688. Major business was contributed by crude oil amounting to PKR 2.215 billion followed by gold (P
Published 13 May, 2015 12:00am
US FOB Gulf corn, soya basis offers firm

US FOB Gulf corn, soya basis offers firm

US FOB Gulf corn basis offers were 3 to 4 cents a bushel higher for nearby loadings after the market close on Monday, while soyabean offers also firmed with both markets supported by slow farmer selling and lower futures, traders said. FOB corn offers for
Published 13 May, 2015 12:00am
Karachi Port's activities

Karachi Port's activities

The Karachi Port handled 151,147 tonnes of cargo comprising 125,129 tonnes of import cargo and 26,018 tonnes of export cargo including 3,722 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday. The total import cargo of 12
Published 13 May, 2015 12:00am
US natural gas futures lower with demand down

US natural gas futures lower with demand down

US natural gas futures ended 2.7 percent lower on Monday after rising over the weekend to their highest since February on forecasts of slightly lower demand and somewhat higher production. Front-month gas futures on the New York Mercantile Exchange closed
Published 13 May, 2015 12:00am
Canadian canola futures ease

Canadian canola futures ease

ICE Canadian canola futures eased on Monday, pressured by commercial hedges. Funds were seen building a small net long position of 1,000 July contracts, with July trading above its 100-day moving average. Most-active July canola dipped 30 cents at $457.80
Published 13 May, 2015 12:00am
Spot iron ore prices jump to the highest since March

Spot iron ore prices jump to the highest since March

Spot iron ore prices jumped to the highest since March as seasonal Chinese demand was faced with limited availability of cargoes, which has helped prices recover by more than a third from last month's decade low. Lower iron ore exports from top suppliers
Published 13 May, 2015 12:00am
European wheat futures rise ahead of USDA report

European wheat futures rise ahead of USDA report

European wheat futures rose on Tuesday on the back of a short-covering rally in Chicago, but volumes were thin as traders awaited a US government crop report that will offer an initial take on global supply and demand next season. December milling wheat,
Published 13 May, 2015 12:00am
Oil cake market rates

Oil cake market rates

Both the futures were unchanged on the forward cottonseed oilcake market on Tuesday in the process of trading, dealers said. The May vaida closed at Rs 1752.00 on Monday and it commenced with no change in the morning session, they said. The July vaida end
Published 13 May, 2015 12:00am
Cotton market: rates firm as sellers refrain from big deals for now

Cotton market: rates firm as sellers refrain from big deals for now

Prices stabilised on the cotton market on Tuesday as leading ginners were not keen to make big deals due to limited stock with them, dealers said. The official spot rate was unchanged at Rs 5450, dealers said. In the ready session, over 6000 bales changed
Published 13 May, 2015 12:00am
Indian soyaoil futures rise on rupee weakness

Indian soyaoil futures rise on rupee weakness

Indian soyaoil futures edged up on Tuesday on a weaker rupee and higher Malaysian palm oil prices, while soyabeans dropped on sluggish export demand for soyameal. A weak rupee makes edible oil imports expensive. The rupee fell on Tuesday. Malaysian palm o
Published 13 May, 2015 12:00am
Seed products', Moong's rates up on grain market

Seed products', Moong's rates up on grain market

Seed products and Moong prices were higher on the local grain market on Tuesday due to tight supply position, dealers said. On the cereals side, Moong Punjab rose by Rs 250 to 12000, Moong Afghan gained the same amount to Rs 13000, Guwar Sindh quoted at R
Published 13 May, 2015 12:00am
Weak Mexico industrial output pressures government GDP forecast

Weak Mexico industrial output pressures government GDP forecast

Mexican industrial output unexpectedly stagnated in March compared with February, dampening growth hopes and putting pressure on the government's forecast for a third year running. Adjusted for seasonal swings, output was flat in March month-on-month, fig
Published 13 May, 2015 12:00am
Uganda's 'oil rush' town stuck in the slow lane

Uganda's 'oil rush' town stuck in the slow lane

Before the discovery of large amounts of oil in Lake Albert, Hoima was a forlorn and remote town in Western Uganda, whose main sources of income were farming and the trickle of tourists heading to nearby national parks. A decade later, an oil-fuelled boom
Published 13 May, 2015 12:00am
Israel to buy four patrol boats from Germany

Israel to buy four patrol boats from Germany

Israel on Monday signed a deal to buy four navy patrol boats from Germany's ThyssenKrupp to protect its offshore gas installations, Defence Minister Moshe Yaalon said. The deal, valued at 430 million euros ($480 million), will significantly improve the na
Published 13 May, 2015 12:00am
South Korea says North behind work slow-down in Kaesong joint zone

South Korea says North behind work slow-down in Kaesong joint zone

South Korea accused Pyongyang on Monday of masterminding a work slow-down at the Kaesong joint industrial zone in a bid to push wage-rise demands for the 53,000 North Korean workers employed there. The Unification Ministry, which is urging the 120 South K
Published 13 May, 2015 12:00am
Interest rate cut puts China banks' profits on the line

Interest rate cut puts China banks' profits on the line

China's banks are facing their toughest year since the onset of the global financial crisis in 2009, with interest rate cuts and liberalisation of the deposit rate system eating into their profit margins. The People's Bank of China (PBOC) cut interest rat
Published 13 May, 2015 12:00am
Australia targets multinationals in tax crackdown

Australia targets multinationals in tax crackdown

Australia on Monday announced plans to go after large multinational firms shifting profits offshore to minimise taxes, with 30 companies in the government's sights. It also outlined proposals to force companies selling digital products, such as streamed c
Published 13 May, 2015 12:00am
Ahold and Delhaize in preliminary merger talks

Ahold and Delhaize in preliminary merger talks

Dutch retailer Ahold and Belgian supermarket chain Delhaize have begun discussions at the highest level on a possible merger, Belgian newspapers reported on Saturday. The reports in financial newspapers De Tijd and L'Echo, quoting several unnamed sources,
Published 13 May, 2015 12:00am
Libyan oil company AGOCO pumping up to 260,000 bpd

Libyan oil company AGOCO pumping up to 260,000 bpd

Libya's Arabian Gulf Oil Co (AGOCO) is producing 230,000 to 260,000 barrels per day, a company spokesman said on Sunday, down some 35,000 bpd because a protest closed the Nafoura oilfield. The company's port of Hariga is expecting three tankers to lift oi
Published 13 May, 2015 12:00am
Asia hit hard as Australia slashes foreign aid budget

Asia hit hard as Australia slashes foreign aid budget

Australia has slashed its foreign aid budget by almost Aus$1.0 billion (US $800 million) with Asian and African countries bearing the brunt, according to budget papers released Tuesday. The aid budget will fall by Aus$980.2 million to Aus$4.1 billion in 2
Published 13 May, 2015 12:00am
Verizon to buy AOL in $4.4 billion mobile video push

Verizon to buy AOL in $4.4 billion mobile video push

Verizon Communications Inc is buying AOL Inc in a $4.4 billion bet that a push into mobile video and targeted advertising can help the biggest US telecommunications company find new growth avenues. AOL and its properties, including the Huffington Post, Te
Published 13 May, 2015 12:00am
Wage growth may be on tap as more Americans quit jobs

Wage growth may be on tap as more Americans quit jobs

Americans are becoming more apt to quit their jobs, a government report showed on Tuesday, a sign that a stronger labour market and falling unemployment rate could result in healthier wage growth and inflation. The three-month quit rate for non-government
Published 13 May, 2015 12:00am
US small business confidence perks up; jobs market solid

US small business confidence perks up; jobs market solid

US small business owners gained confidence in April and were surprisingly bullish about capital expenditure plans, further supporting views that economic growth was rebounding after a dismal first quarter. The National Federation of Independent Business s
Published 13 May, 2015 12:00am
Airbus holds first A400M test flight since deadly crash

Airbus holds first A400M test flight since deadly crash

Airbus on Tuesday carried out the first test flight of a new A400M since one of the military transport planes crashed in Spain over the weekend, killing four people. In a sign of the company's confidence in the plane, the boss of Airbus Military Fernando
Published 13 May, 2015 12:00am
LatAm Airlines preps debt sale in US

LatAm Airlines preps debt sale in US

LatAm Airlines is wrapping roadshows on Tuesday in the US ahead of a potential sale of debt securities through leads Citigroup, Deutsche Bank and J.P. Morgan, said a source. The borrower is marketing a specialised type of aircraft financing called enhance
Published 13 May, 2015 12:00am
Statoil shakes up management with new CFO, US chief

Statoil shakes up management with new CFO, US chief

Norwegian oil firm Statoil replaced several top executives including its chief financial officer on Tuesday, continuing a shake-up since its chief executive was poached by rival BG Group last October. State-controlled Statoil has lost four board members,
Published 13 May, 2015 12:00am
China adopts IMF standards to calculate capital flows

China adopts IMF standards to calculate capital flows

China has adopted the International Monetary Fund's (IMF)standards to calculate its balance of payments data, the Chinese currency regulator said on Tuesday, as authorities work to turn the yuan into a global reserve currency. The State Administration of
Published 13 May, 2015 12:00am
Britain cuts Lloyds bank stake to below 20 percent

Britain cuts Lloyds bank stake to below 20 percent

Britain has cut its stake in state-rescued Lloyds Banking Group to just under 20 percent after offloading another chunk of shares, the government said Tuesday. The Treasury announced in a statement that it has sold about 2.0 percent of Lloyds for another
Published 13 May, 2015 12:00am
EU, Turkey to update customs union

EU, Turkey to update customs union

The EU and Turkey agreed to update a 20-year-old customs union on Tuesday, while Brussels promised to address Ankara's concerns about a huge European trade deal with the United States. Turkey is a long-standing candidate for EU membership, beginning so-ca
Published 13 May, 2015 12:00am
Volatile oil, Yemen concerns leave Gulf markets mixed

Volatile oil, Yemen concerns leave Gulf markets mixed

Gulf stock markets were mixed on Tuesday as oil prices swung from loss to gain and it remained unclear whether an agreed truce in Yemen would take effect and stay in place. Saudi-led air strikes pounded the Yemeni capital Sanaa on Tuesday, hours before a
Published 13 May, 2015 12:00am
Worries over delay in land, tax reforms spook Indian shares

Worries over delay in land, tax reforms spook Indian shares

Indian shares fell more than 2 percent on Tuesday, giving up most of their gains made in the previous two sessions, as stocks across the board declined on worries that key land acquisition and tax reforms would be delayed further. Forty-eight stocks of th
Published 13 May, 2015 12:00am
Nikkei stays flat

Nikkei stays flat

Tokyo's benchmark index finished flat on Tuesday after late bargain-hunting offset early losses, while investors nervously eye Greece's tense bailout talks. The Nikkei 225 at the Tokyo Stock Exchange, which was down 0.62 percent at the break, edged up 0.0
Published 13 May, 2015 12:00am
Tuesday's early trade: stocks pare early losses as Treasuries rebound

Tuesday's early trade: stocks pare early losses as Treasuries rebound

US stocks pared most of their early losses on Tuesday after Treasury prices turned positive. Stocks indexes had earlier fallen to their lowest in about a week, tracking European markets amid a global bond rout. Ten-year US Treasury yields, the benchmark f
Published 13 May, 2015 12:00am
Wall Street ends down on global jitters; oil stocks lower

Wall Street ends down on global jitters; oil stocks lower

Wall Street closed lower on Monday as investors fretted about Greece's precarious financial condition and slowing growth in China, while energy stocks fell on weaker oil prices. US stocks, which rallied on Friday on a strong jobs report, have been trading
Published 13 May, 2015 12:00am
Taiwan stocks down

Taiwan stocks down

Taiwan stocks were slightly down on Tuesday as early bargain-hunting gave way to concerns about the near-term outlook for local tech companies, and on global market weakness. The main TAIEX index was off 0.1 percent at 9,656.40 as of 0203 GMT, after closi
Published 13 May, 2015 12:00am
Treasury yields jump

Treasury yields jump

US Treasury yields rose on Monday before the US government will sell $64 billion in new debt this week, and ahead of a number of economic releases that will give new insight into the pace of US growth. The Treasury is due to sell $24 billion in three-year
Published 13 May, 2015 12:00am
Treasury yields jump

Treasury yields jump

US Treasury yields rose on Monday before the US government will sell $64 billion in new debt this week, and ahead of a number of economic releases that will give new insight into the pace of US growth. The Treasury is due to sell $24 billion in three-year
Published 13 May, 2015 12:00am