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Mar 14, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2015-05-15
Rubber dips

Rubber dips

Benchmark Tokyo rubber futures dropped to a 1-week low on Thursday, retreating from a near 13-month high, as a sharp fall in Shanghai futures and the yen's strength against the dollar led investors to book profits, dealers said. The Tokyo Commodity Exchan
Published 15 May, 2015 12:00am
Stocks snap losing streak

Stocks snap losing streak

Stocks closed higher on strong valuations across-the-board Thursday. The benchmark KSE-I00 index gained 188 points to close at 33,103 points compared to 32,915 points Wednesday. Ahsan Mehanti of Arif Habib Corp said stocks closed bullish led by select scr
Published 15 May, 2015 12:00am
Stocks snap losing streak

Stocks snap losing streak

Stocks closed higher on strong valuations across-the-board Thursday. The benchmark KSE-I00 index gained 188 points to close at 33,103 points compared to 32,915 points Wednesday. Ahsan Mehanti of Arif Habib Corp said stocks closed bullish led by select scr
Published 15 May, 2015 12:00am
Stocks snap losing streak

Stocks snap losing streak

Stocks closed higher on strong valuations across-the-board Thursday. The benchmark KSE-I00 index gained 188 points to close at 33,103 points compared to 32,915 points Wednesday. Ahsan Mehanti of Arif Habib Corp said stocks closed bullish led by select scr
Published 15 May, 2015 12:00am
BRIndex30 gains 258.53 points

BRIndex30 gains 258.53 points

On Thursday, BRIndex30 opened at 19,321.78 points and remained positive throughout the trading session. It touched an intraday high of 19,644.96 and an intraday low of 19,321.78 points and closed at 19,580.31 points which was 258.53 points or 1.34 percent
Published 15 May, 2015 12:00am
BRIndex30 gains 258.53 points

BRIndex30 gains 258.53 points

On Thursday, BRIndex30 opened at 19,321.78 points and remained positive throughout the trading session. It touched an intraday high of 19,644.96 and an intraday low of 19,321.78 points and closed at 19,580.31 points which was 258.53 points or 1.34 percent
Published 15 May, 2015 12:00am
Forex reserves up by $49 million

Forex reserves up by $49 million

The country's liquid foreign exchange reserves posted an increase of $49 million during last week. According to weekly report issued by the State Bank of Pakistan (SBP) on Thursday, the country's total liquid foreign exchange reserves stood at $17.739 bil
Published 15 May, 2015 12:00am
US Congress sends Iran nuclear review bill to Obama

US Congress sends Iran nuclear review bill to Obama

The US Congress overwhelmingly passed legislation Thursday assuring lawmakers have the right to review and perhaps reject any nuclear deal with Iran, capping weeks of wrangling over how to hold Tehran to account. The measure, which passed the House of Rep
Published 15 May, 2015 12:00am
LSE index jumps 63.29 points

LSE index jumps 63.29 points

Equities on Thursday extended further gains amid marginally improved trading turnover on the Lahore Stock Exchange. The LSE-25 index jumped to 5566.96 against 5503.67 of Wednesday, showing a gain of 63.29 points while the transaction volume increased to 9
Published 15 May, 2015 12:00am
LSE index jumps 63.29 points

LSE index jumps 63.29 points

Equities on Thursday extended further gains amid marginally improved trading turnover on the Lahore Stock Exchange. The LSE-25 index jumped to 5566.96 against 5503.67 of Wednesday, showing a gain of 63.29 points while the transaction volume increased to 9
Published 15 May, 2015 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 15 May, 2015 12:00am
ISE index up 5.89 points

ISE index up 5.89 points

Equities moved both ways at the Islamabad Stock Exchange (ISE) on Thursday, where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an improvement of 5.89 points as the ISE Ten Index moved f
Published 15 May, 2015 12:00am
ISE index up 5.89 points

ISE index up 5.89 points

Equities moved both ways at the Islamabad Stock Exchange (ISE) on Thursday, where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an improvement of 5.89 points as the ISE Ten Index moved f
Published 15 May, 2015 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 15 May, 2015 12:00am
Petitioner urges LHC to put Prime Minister's name on ECL

Petitioner urges LHC to put Prime Minister's name on ECL

The Lahore High Court (LHC) on Thursday accepted for regular hearing a petition calling for Prime Minister Nawaz Sharif's name to be placed on the Exit Control List (ECL). The court will hold its first hearing of the application today, a private TV channe
Published 15 May, 2015 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 15 May, 2015 12:00am
Petitioner urges LHC to put Prime Minister's name on ECL

Petitioner urges LHC to put Prime Minister's name on ECL

The Lahore High Court (LHC) on Thursday accepted for regular hearing a petition calling for Prime Minister Nawaz Sharif's name to be placed on the Exit Control List (ECL). The court will hold its first hearing of the application today, a private TV channe
Published 15 May, 2015 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 15 May, 2015 12:00am
Credit Guarantee Scheme for small farmers launched

Credit Guarantee Scheme for small farmers launched

Prime Minister Nawaz Sharif Thursday said agriculture was a priority area for the government and would be given the status of industry, while scope of agriculture credit would be expanded. He was addressing a ceremony here at the Prime Minister's Office a
Published 15 May, 2015 12:00am
Credit Guarantee Scheme for small farmers launched

Credit Guarantee Scheme for small farmers launched

Prime Minister Nawaz Sharif Thursday said agriculture was a priority area for the government and would be given the status of industry, while scope of agriculture credit would be expanded. He was addressing a ceremony here at the Prime Minister's Office a
Published 15 May, 2015 12:00am
Credit Guarantee Scheme for small farmers launched

Credit Guarantee Scheme for small farmers launched

Prime Minister Nawaz Sharif Thursday said agriculture was a priority area for the government and would be given the status of industry, while scope of agriculture credit would be expanded. He was addressing a ceremony here at the Prime Minister''s Office
Published 15 May, 2015 12:00am
Obama bids to mend fences with Gulf royals at Camp David

Obama bids to mend fences with Gulf royals at Camp David

Barack Obama whisked six Gulf leaders away to his Camp David presidential retreat Thursday, for a fence-mending summit bedevilled by disagreements, royal no-shows and raging crises in the Middle East. The bucolic Catoctin mountain getaway, synonymous with
Published 15 May, 2015 12:00am
Obama bids to mend fences with Gulf royals at Camp David

Obama bids to mend fences with Gulf royals at Camp David

Barack Obama whisked six Gulf leaders away to his Camp David presidential retreat Thursday, for a fence-mending summit bedevilled by disagreements, royal no-shows and raging crises in the Middle East. The bucolic Catoctin mountain getaway, synonymous with
Published 15 May, 2015 12:00am
Tax collection: EAC raises key questions

Tax collection: EAC raises key questions

Economic Advisory Council (EAC) chaired by Finance Minister Ishaq Dar would question why Federal Board of Revenue (FBR) is not able to collect the twice downward revised revenue target for 2015-16 despite additional taxation measures taken in several mini
Published 15 May, 2015 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (May 14, 2015).

Published 15 May, 2015 12:00am
Tax collection: EAC raises key questions

Tax collection: EAC raises key questions

Economic Advisory Council (EAC) chaired by Finance Minister Ishaq Dar would question why Federal Board of Revenue (FBR) is not able to collect the twice downward revised revenue target for 2015-16 despite additional taxation measures taken in several mini
Published 15 May, 2015 12:00am
Tax collection: EAC raises key questions

Tax collection: EAC raises key questions

Economic Advisory Council (EAC) chaired by Finance Minister Ishaq Dar would question why Federal Board of Revenue (FBR) is not able to collect the twice downward revised revenue target for 2015-16 despite additional taxation measures taken in several mini
Published 15 May, 2015 12:00am
Qataris elect two women for first time

Qataris elect two women for first time

Qataris have for the first time voted two women in to the Gulf emirate's only directly elected body, the Central Municipal Council, officials announced on Thursday. Sheikha Jufairi and Fatma Al-Kuwari both won seats in Wednesday's election to the 29-membe
Published 15 May, 2015 12:00am
Qataris elect two women for first time

Qataris elect two women for first time

Qataris have for the first time voted two women in to the Gulf emirate's only directly elected body, the Central Municipal Council, officials announced on Thursday. Sheikha Jufairi and Fatma Al-Kuwari both won seats in Wednesday's election to the 29-membe
Published 15 May, 2015 12:00am
Provinces consulted: FBR seeks to revise WHT levy on vehicles

Provinces consulted: FBR seeks to revise WHT levy on vehicles

The Federal Board of Revenue (FBR) is seeking legal opinion of all provinces on the issue of WHT at the time of registration/transfer of vehicles and payment of token tax for possible revision in WHT regime on vehicles in coming budget (2015-16). Sources
Published 15 May, 2015 12:00am
THE RUPEE: modest fall

THE RUPEE: modest fall

The rupee moved cautiously against the dollar on the local currency market on Thursday in the process of trading, dealers said. The rupee fell by 10-paisa in relation to the dollar for buying and selling at Rs 102.60 and Rs 102.80 respectively. It also fe
Published 15 May, 2015 12:00am
Provinces consulted: FBR seeks to revise WHT levy on vehicles

Provinces consulted: FBR seeks to revise WHT levy on vehicles

The Federal Board of Revenue (FBR) is seeking legal opinion of all provinces on the issue of WHT at the time of registration/transfer of vehicles and payment of token tax for possible revision in WHT regime on vehicles in coming budget (2015-16). Sources
Published 15 May, 2015 12:00am
THE RUPEE: modest fall

THE RUPEE: modest fall

The rupee moved cautiously against the dollar on the local currency market on Thursday in the process of trading, dealers said. The rupee fell by 10-paisa in relation to the dollar for buying and selling at Rs 102.60 and Rs 102.80 respectively. It also fe
Published 15 May, 2015 12:00am
Provinces consulted: FBR seeks to revise WHT levy on vehicles

Provinces consulted: FBR seeks to revise WHT levy on vehicles

The Federal Board of Revenue (FBR) is seeking legal opinion of all provinces on the issue of WHT at the time of registration/transfer of vehicles and payment of token tax for possible revision in WHT regime on vehicles in coming budget (2015-16). Sources
Published 15 May, 2015 12:00am
Salmaan Taseer: federation's, Qadri's appeals admitted

Salmaan Taseer: federation's, Qadri's appeals admitted

The Supreme Court on Thursday admitted appeals of federation and Mumutaz Qadri for regular hearing filed against Islamabad High Court verdict that had upheld death penalty of Qadri after exclusion of anti-terrorism act clauses from the case. Federation ha
Published 15 May, 2015 12:00am
Salmaan Taseer: federation's, Qadri's appeals admitted

Salmaan Taseer: federation's, Qadri's appeals admitted

The Supreme Court on Thursday admitted appeals of federation and Mumutaz Qadri for regular hearing filed against Islamabad High Court verdict that had upheld death penalty of Qadri after exclusion of anti-terrorism act clauses from the case. Federation ha
Published 15 May, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (May 14, 2015).

Published 15 May, 2015 12:00am
Issues raised by KPK referred to bodies

Issues raised by KPK referred to bodies

Chairman Senate Raza Rabbani on Thursday referred to different committees some 33 issues forwarded to him by chief minister Pervez Khattak. Referring to a recent protest by KP provincial assembly lawmakers against the centre for allegedly depriving them o
Published 15 May, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (May 14, 2015).

Published 15 May, 2015 12:00am
Issues raised by KPK referred to bodies

Issues raised by KPK referred to bodies

Chairman Senate Raza Rabbani on Thursday referred to different committees some 33 issues forwarded to him by chief minister Pervez Khattak. Referring to a recent protest by KP provincial assembly lawmakers against the centre for allegedly depriving them o
Published 15 May, 2015 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (May 14, 2015).

Published 15 May, 2015 12:00am
Issues raised by KPK referred to bodies

Issues raised by KPK referred to bodies

Chairman Senate Raza Rabbani on Thursday referred to different committees some 33 issues forwarded to him by chief minister Pervez Khattak. Referring to a recent protest by KP provincial assembly lawmakers against the centre for allegedly depriving them o
Published 15 May, 2015 12:00am
US MIDDAY: gold rises

US MIDDAY: gold rises

Gold hit a three-month high early on Thursday as the dollar came under pressure following a new batch of mixed US data that pushed back expectations of when interest rates in the world's largest economy will rise. Spot gold rose to the highest since Febru
Published 15 May, 2015 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (May 14, 2015)

Published 15 May, 2015 12:00am
US MIDDAY: wheat soars

US MIDDAY: wheat soars

US wheat futures surged about 6 percent on Thursday as a softer dollar inspired funds to cover short positions, analysts said. Corn followed wheat higher while soyabeans sagged after a private forecast for record-high US soyabean plantings. At the Chicago
Published 15 May, 2015 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (May 14, 2015).

Published 15 May, 2015 12:00am
Gold hits three-month high in Europe

Gold hits three-month high in Europe

Gold hit a three-month high on Thursday as the dollar came under pressure following a new batch of mixed US data that pushed back expectations of when interest rates in the world's largest economy will rise. Initial claims for state unemployment benefits
Published 15 May, 2015 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 15 May, 2015 12:00am
Gold steady in Asia

Gold steady in Asia

Gold hovered near a five-week high on Thursday after jumping overnight following sluggish US retail sales data that triggered speculation the Federal Reserve would not raise interest rates soon. Spot gold was steady at $1,214.10 an ounce by 0603 GMT, near
Published 15 May, 2015 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 15 May, 2015 12:00am
Gold jumps in New York

Gold jumps in New York

Gold jumped 2 percent on Wednesday, rising well above $1,200 an ounce to a five-week high as the dollar hit a three-month low after disappointing US employment data. US retail sales were also unchanged in April as households cut back on purchases of autom
Published 15 May, 2015 12:00am
The Weather

The Weather

The weather report on Thursday (May 14, 2015) and the forecast for Friday (May 15, 2015).

Published 15 May, 2015 12:00am
New York cocoa rises, sugar extends losses

New York cocoa rises, sugar extends losses

New York cocoa on ICE rose for a sixth day running on Thursday, trading at the highest level in nearly seven months, buoyed by chart-based buying and sterling's steady rise to its highest against the dollar this year. Raw sugar futures extended losses aft
Published 15 May, 2015 12:00am
Palm oil rises

Palm oil rises

Malaysian palm oil futures closed higher on Thursday, reversing losses in the morning session as anticipation over strong export data in the first half of May underpinned the contract. Palm had climbed to its strongest since April 6 on Wednesday on worrie
Published 15 May, 2015 12:00am
Soya, wheat and corn post light gains

Soya, wheat and corn post light gains

US soyabean futures rose slightly on short-covering on Wednesday after falling nearly 2 percent a day earlier when a US Agriculture Department report projected domestic soya stocks would rise to a nine-year high. Wheat and corn futures also edged higher o
Published 15 May, 2015 12:00am
70 suspects held in Karachi

70 suspects held in Karachi

Rangers on Thursday arrested 70 suspects during targeted raids in Sohrab Goth, Memon Hospital surroundings, Lassi Goth, Ayub Goth, Machar Colony, Afghan Basti, Faqira Goth, Janjal Goth and Jamali Goth. It also raided at suspected hideouts of banned outfit
Published 15 May, 2015 12:00am
POF holds national harmony workshop

POF holds national harmony workshop

The participants of National Harmony Workshop 2015 ongoing at National Defence University, Islamabad under the leadership of Professor Dr Pervaiz Iqbal Cheema (Dean FCS) visited POF on Thursday. On arrival at POF they were received by Muhammad Rizwan Dire
Published 15 May, 2015 12:00am
Finance Bill (2015): Amendment proposed to prohibit giveaways to doctors

Finance Bill (2015): Amendment proposed to prohibit giveaways to doctors

The Federal Board of Revenue (FBR) is reviewing a budget proposal for Finance Bill (2015) to prohibit expenditure incurred by pharmaceutical companies in the form of gifts, foreign travel and other giveaways to doctors for promoting healthy and lawful com
Published 15 May, 2015 12:00am
Insurers and policyholders: SECP approves publication of proposed rules

Insurers and policyholders: SECP approves publication of proposed rules

The Securities and Exchange Commission of Pakistan (SECP) has approved the publication of proposed rules, envisaging the formation of committees for resolution of small disputes between the insurers and the policyholders. Through these rules, three commit
Published 15 May, 2015 12:00am
PBC proposes electronic cess on new cars, cellphones

PBC proposes electronic cess on new cars, cellphones

Pakistan Broadcasting Corporation (PBC) has proposed electronic cess on registration of new vehicles or imported vehicles and purchase of new mobile phones to meet the Rs 4 billion annual deficit. Director General Imran Gardezi informed the sub-committee
Published 15 May, 2015 12:00am
Warid launches LTE services in Murree

Warid launches LTE services in Murree

Warid Telecom, Pakistan's largest and fastest growing LTE network, recently announced the launch of its LTE services in Murree. Having covered eight major cities, the company is aggressively working to expand its LTE footprint in Pakistan. With the initia
Published 15 May, 2015 12:00am
Maleeha urges UNSC to address causes of conflicts

Maleeha urges UNSC to address causes of conflicts

Pakistan's Ambassador to the UN, Maleeha Lodhi has urged the Security Council to address the causes and not just the instruments of conflict. "This means going beyond managing conflicts or its manifestation and investing more in preventing and resolving c
Published 15 May, 2015 12:00am
Scourge of terrorism taking last breath: President

Scourge of terrorism taking last breath: President

President Mamnoon Hussain on Thursday said that the scourge of terrorism was taking its last breath owing to effective actions by the state against the terrorists. He said that Wednesday's tragic incident in Karachi showed desperation of terrorists. The P
Published 15 May, 2015 12:00am
KP government recovers properties worth Rs one billion from land mafia

KP government recovers properties worth Rs one billion from land mafia

-KP Chief Minister, Pervez Khatak said besides taking measures to curb corruption, the provincial government has recovered properties worth more than Rs 1 billion from land mafia and another amount of Rs 500 million from others. In a statement issued here
Published 15 May, 2015 12:00am
Japan provides $4.2 million NPGA to Pakistan

Japan provides $4.2 million NPGA to Pakistan

Japan has agreed to extend to Pakistan a Non-Project Grant Aid (NPGA) of 500 million Japanese Yen (approximately $4.2 million for providing machinery and equipment for technical education and well drilling rigs made by Japanese Small and Medium Enterprise
Published 15 May, 2015 12:00am
GEIC summons three more witnesses

GEIC summons three more witnesses

Chairman of the three-member General Election 2013 Inquiry Commission (GEIC), Chief Justice Nasirul Mulk, on Thursday summoned three witnesses after recording testimony of former Provincial Election Commissioner Punjab Mehboob Anwar. During the course of
Published 15 May, 2015 12:00am
Khushhali Bank launches ATM/Debit Card

Khushhali Bank launches ATM/Debit Card

Khushhali Bank Ltd (KBL) recently announced the launch of its "Khushhali ATM/Debit Card" as part of its efforts to address the growing need of its emergent customer base. Currently the bank will issue the ATM/Debit card to its customers as part of KBL's l
Published 15 May, 2015 12:00am
LUMHS holds seminar on drug abuse

LUMHS holds seminar on drug abuse

A seminar on "Drug Abuse Prevention among Youth" was arranged by Liaquat University of Medical & Health Sciences Jamshoro in collaboration with Narcotics Control Division, Ministry of Interior & Narcotics Control Islamabad. Addressing a large number of st
Published 15 May, 2015 12:00am
KP Police arrest 457 suspects under NAP

KP Police arrest 457 suspects under NAP

Khyber Pakhtunkhwa KP police had rounded up 457 suspects and recovered huge arms and ammunition during search and strike operation, conducted under National Action Plan (NAP) throughout the province. During the operation conducted in different parts of th
Published 15 May, 2015 12:00am
President for resolving issue of Kuwaiti ban on visas

President for resolving issue of Kuwaiti ban on visas

President Mamnoon Hussain on Thursday urged on resolving the issue of Kuwaiti ban on visas for Pakistani nationals. The President said this in a meeting with speaker of the National Assembly of Kuwait Marzouq Ali M Al-Ghanim, who called on him along with
Published 15 May, 2015 12:00am
Meezan Bank, IBP hold seminar on Islamic banking

Meezan Bank, IBP hold seminar on Islamic banking

Meezan Bank, Pakistan's first and largest Islamic bank and Institute of Bankers, Pakistan (IBP), jointly organized a public awareness seminar on the 'Concepts of Islamic Banking' at IBP's auditorium. Objective of the seminar was to increase awareness and
Published 15 May, 2015 12:00am
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