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Print - 2015-06-13
Saudi-led warplanes hit 'jewel' of Islamic culture in Sanaa

Saudi-led warplanes hit 'jewel' of Islamic culture in Sanaa

UNESCO condemned an apparent attack on the Yemeni capital's old quarter Friday that killed five people and destroyed homes in the centuries-old heritage site described as a "jewel" of Islamic culture. The incident occurred a day before Yemen's warring fac
Published 13 Jun, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (June 12, 2015).

Published 13 Jun, 2015 12:00am
Hamid Gul termed 'a man of low stature'

Hamid Gul termed 'a man of low stature'

The lawmakers in Senate fell short on Friday to pass a condemnatory resolution against former director-general Inter Services Intelligence (ISI) General Hamid Gul for seeking suspension of constitution for a short period in the current circumstances to av
Published 13 Jun, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (June 12, 2015).

Published 13 Jun, 2015 12:00am
Hamid Gul termed 'a man of low stature'

Hamid Gul termed 'a man of low stature'

The lawmakers in Senate fell short on Friday to pass a condemnatory resolution against former director-general Inter Services Intelligence (ISI) General Hamid Gul for seeking suspension of constitution for a short period in the current circumstances to av
Published 13 Jun, 2015 12:00am
THE RUPEE: dollar at Rs 103 on open market
Currency

THE RUPEE: dollar at Rs 103 on open market

The rupee crossed the barrier of Rs 103 versus the dollar on the open market on Friday due to strong demand for the US currency, dealers said. The higher rate of the dollar shows that difference between the open and interbank markets was widening, but it
Published 13 Jun, 2015 12:00am
THE RUPEE: dollar at Rs 103 on open market
Currency

THE RUPEE: dollar at Rs 103 on open market

The rupee crossed the barrier of Rs 103 versus the dollar on the open market on Friday due to strong demand for the US currency, dealers said. The higher rate of the dollar shows that difference between the open and interbank markets was widening, but it
Published 13 Jun, 2015 12:00am
French court acquits Strauss-Kahn of pimping charges

French court acquits Strauss-Kahn of pimping charges

A French court on Friday acquitted former IMF chief Dominique Strauss-Kahn of pimping charges, drawing a line under a series of legal woes over his sexual escapades. The 66-year-old economist merely nodded his head in acknowledgement of the verdict, the f
Published 13 Jun, 2015 12:00am
French court acquits Strauss-Kahn of pimping charges

French court acquits Strauss-Kahn of pimping charges

A French court on Friday acquitted former IMF chief Dominique Strauss-Kahn of pimping charges, drawing a line under a series of legal woes over his sexual escapades. The 66-year-old economist merely nodded his head in acknowledgement of the verdict, the f
Published 13 Jun, 2015 12:00am
SBP injects Rs 623.35 billion into banking system

SBP injects Rs 623.35 billion into banking system

The State Bank of Pakistan (SBP) on Friday pumped Rs 623.35 billion into the banking system. The money injected was through open market operation for seven-day contracts at an annual rate of return of 6.50 percent. The 26 bids offered amounted to Rs 623.3
Published 13 Jun, 2015 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (June 12, 2015).

Published 13 Jun, 2015 12:00am
SBP injects Rs 623.35 billion into banking system

SBP injects Rs 623.35 billion into banking system

The State Bank of Pakistan (SBP) on Friday pumped Rs 623.35 billion into the banking system. The money injected was through open market operation for seven-day contracts at an annual rate of return of 6.50 percent. The 26 bids offered amounted to Rs 623.3
Published 13 Jun, 2015 12:00am
SBP injects Rs 623.35 billion into banking system

SBP injects Rs 623.35 billion into banking system

The State Bank of Pakistan (SBP) on Friday pumped Rs 623.35 billion into the banking system. The money injected was through open market operation for seven-day contracts at an annual rate of return of 6.50 percent. The 26 bids offered amounted to Rs 623.3
Published 13 Jun, 2015 12:00am
There''s no shortage of petrol anywhere, Senate body told
Currency

There''s no shortage of petrol anywhere, Senate body told

Ministry of Petroleum and Natural Resources Friday informed the Senate Standing Committee on Finance that at present there is no shortage of petroleum products in the country. When Senator Saleem Mandviwalla and Fateh Mohammad Hassani raised the issue of
Published 13 Jun, 2015 12:00am
There's no shortage of petrol anywhere, Senate body told
Currency

There's no shortage of petrol anywhere, Senate body told

Ministry of Petroleum and Natural Resources Friday informed the Senate Standing Committee on Finance that at present there is no shortage of petroleum products in the country. When Senator Saleem Mandviwalla and Fateh Mohammad Hassani raised the issue of
Published 13 Jun, 2015 12:00am
There's no shortage of petrol anywhere, Senate body told
Currency

There's no shortage of petrol anywhere, Senate body told

Ministry of Petroleum and Natural Resources Friday informed the Senate Standing Committee on Finance that at present there is no shortage of petroleum products in the country. When Senator Saleem Mandviwalla and Fateh Mohammad Hassani raised the issue of
Published 13 Jun, 2015 12:00am
Prime Minister finds occasion to mingle with bureaucrats

Prime Minister finds occasion to mingle with bureaucrats

Prime Minister Nawaz Sharif held a meeting with the officers recently promoted to BS-22, at the PM House here this morning. The Prime Minister congratulated the newly promoted officers and said this is their time to pay back to the nation based on their a
Published 13 Jun, 2015 12:00am
BOARD MEETINGS
Cotton

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 13 Jun, 2015 12:00am
Prime Minister finds occasion to mingle with bureaucrats

Prime Minister finds occasion to mingle with bureaucrats

Prime Minister Nawaz Sharif held a meeting with the officers recently promoted to BS-22, at the PM House here this morning. The Prime Minister congratulated the newly promoted officers and said this is their time to pay back to the nation based on their a
Published 13 Jun, 2015 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 13 Jun, 2015 12:00am
Ferrying oil: PSO given partial independence

Ferrying oil: PSO given partial independence

Economic Coordination Committee (ECC) of the Cabinet has reportedly granted partial independence to Pakistan State Oil (PSO) - the national oil supplier - from using Pakistan National Shipping Corporation (PNSC) as sole carrier of all petroleum products,
Published 13 Jun, 2015 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 13 Jun, 2015 12:00am
Ferrying oil: PSO given partial independence

Ferrying oil: PSO given partial independence

Economic Coordination Committee (ECC) of the Cabinet has reportedly granted partial independence to Pakistan State Oil (PSO) - the national oil supplier - from using Pakistan National Shipping Corporation (PNSC) as sole carrier of all petroleum products,
Published 13 Jun, 2015 12:00am
Ferrying oil: PSO given partial independence

Ferrying oil: PSO given partial independence

Economic Coordination Committee (ECC) of the Cabinet has reportedly granted partial independence to Pakistan State Oil (PSO) - the national oil supplier - from using Pakistan National Shipping Corporation (PNSC) as sole carrier of all petroleum products,
Published 13 Jun, 2015 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 13 Jun, 2015 12:00am
BRIndex30 gains 133.64 points

BRIndex30 gains 133.64 points

On Friday, BRIndex30 opened at 20,983.16 points. It touched an intraday high of 21,182.71 points and an intraday low of 20,975.57 points and closed at 21,116.80 points which was 133.64 points or 0.64 percent higher than previous close. Total volume was 25
Published 13 Jun, 2015 12:00am
BRIndex30 gains 133.64 points

BRIndex30 gains 133.64 points

On Friday, BRIndex30 opened at 20,983.16 points. It touched an intraday high of 21,182.71 points and an intraday low of 20,975.57 points and closed at 21,116.80 points which was 133.64 points or 0.64 percent higher than previous close. Total volume was 25
Published 13 Jun, 2015 12:00am
KSE gains 56.59 points
Currency

KSE gains 56.59 points

The Karachi stocks market closed higher to gain 56.59 points on the back of international credit rating agency, Moody''s, favourable rating for Pakistan. The KSE 100 index closed at 34,657.29 points compared to Thursday''s 34,594.70. The turnover at the r
Published 13 Jun, 2015 12:00am
KSE gains 56.59 points
Currency

KSE gains 56.59 points

The Karachi stocks market closed higher to gain 56.59 points on the back of international credit rating agency, Moody's, favourable rating for Pakistan. The KSE 100 index closed at 34,657.29 points compared to Thursday's 34,594.70. The turnover at the rea
Published 13 Jun, 2015 12:00am
KSE gains 56.59 points
Currency

KSE gains 56.59 points

The Karachi stocks market closed higher to gain 56.59 points on the back of international credit rating agency, Moody's, favourable rating for Pakistan. The KSE 100 index closed at 34,657.29 points compared to Thursday's 34,594.70. The turnover at the rea
Published 13 Jun, 2015 12:00am
Prime Minister disapproves 'culture of strikes' in Karachi

Prime Minister disapproves 'culture of strikes' in Karachi

Prime Minister Nawaz Sharif says Pakistan will not prosper as long as Karachi remains a hostage to strikes, shutdowns, and wheel-jams. "Karachi is shut down even if a fly dies here. This is counterproductive to the economy of the country," the prime minis
Published 13 Jun, 2015 12:00am
Prime Minister disapproves 'culture of strikes' in Karachi

Prime Minister disapproves 'culture of strikes' in Karachi

Prime Minister Nawaz Sharif says Pakistan will not prosper as long as Karachi remains a hostage to strikes, shutdowns, and wheel-jams. "Karachi is shut down even if a fly dies here. This is counterproductive to the economy of the country," the prime minis
Published 13 Jun, 2015 12:00am
''Thar coal will be used for power generation''

''Thar coal will be used for power generation''

Prime Minister Nawaz Sharif on Friday said that the Thar coal would be used for power generation. The coal for some power plants would be imported for short time till Thar fields started production at commercial level, he added. "Today, I want to give Sin
Published 13 Jun, 2015 12:00am
'Thar coal will be used for power generation'

'Thar coal will be used for power generation'

Prime Minister Nawaz Sharif on Friday said that the Thar coal would be used for power generation. The coal for some power plants would be imported for short time till Thar fields started production at commercial level, he added. "Today, I want to give Sin
Published 13 Jun, 2015 12:00am
'Thar coal will be used for power generation'

'Thar coal will be used for power generation'

Prime Minister Nawaz Sharif on Friday said that the Thar coal would be used for power generation. The coal for some power plants would be imported for short time till Thar fields started production at commercial level, he added. "Today, I want to give Sin
Published 13 Jun, 2015 12:00am
Moody''''s upgrades ratings to B3, assigns stable outlook
Currency

Moody''''s upgrades ratings to B3, assigns stable outlook

Moody''''s Investors Service has upgraded Pakistan''''s foreign currency issuer and senior unsecured bond ratings to B3 from Caa1, and assigned a stable outlook. Upgrading the ratings, Moody''''s said the key drivers for the decisions are expectations of
Published 13 Jun, 2015 12:00am
Spot dollar rates

Spot dollar rates

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

Published 13 Jun, 2015 12:00am
Moody''s upgrades ratings to B3, assigns stable outlook
Currency

Moody''s upgrades ratings to B3, assigns stable outlook

Moody''s Investors Service has upgraded Pakistan''s foreign currency issuer and senior unsecured bond ratings to B3 from Caa1, and assigned a stable outlook. Upgrading the ratings, Moody''s said the key drivers for the decisions are expectations of contin
Published 13 Jun, 2015 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (June 12, 2015).
Published 13 Jun, 2015 12:00am
Moody's upgrades ratings to B3, assigns stable outlook
Currency

Moody's upgrades ratings to B3, assigns stable outlook

Moody's Investors Service has upgraded Pakistan's foreign currency issuer and senior unsecured bond ratings to B3 from Caa1, and assigned a stable outlook. Upgrading the ratings, Moody's said the key drivers for the decisions are expectations of continued
Published 13 Jun, 2015 12:00am
Moody's upgrades ratings to B3, assigns stable outlook
Currency

Moody's upgrades ratings to B3, assigns stable outlook

Moody's Investors Service has upgraded Pakistan's foreign currency issuer and senior unsecured bond ratings to B3 from Caa1, and assigned a stable outlook. Upgrading the ratings, Moody's said the key drivers for the decisions are expectations of continued
Published 13 Jun, 2015 12:00am
Anti-Pakistan activities: Nisar tightens the vice on NGOs

Anti-Pakistan activities: Nisar tightens the vice on NGOs

Interior Minister Chaudhry Nisar Ali Khan on Friday said that any local or foreign non-government organisation (NGOs) pursuing foreign agenda against the national interest will not be allowed to operate in Pakistan. Talking to the media outside the Parlia
Published 13 Jun, 2015 12:00am
Anti-Pakistan activities: Nisar tightens the vice on NGOs

Anti-Pakistan activities: Nisar tightens the vice on NGOs

Interior Minister Chaudhry Nisar Ali Khan on Friday said that any local or foreign non-government organisation (NGOs) pursuing foreign agenda against the national interest will not be allowed to operate in Pakistan. Talking to the media outside the Parlia
Published 13 Jun, 2015 12:00am
Rs 31 billion allocated to energy sector

Rs 31 billion allocated to energy sector

The Punjab government has earmarked Rs 31 billion to the energy sector, including Rs 15 billion for the RLNG-based power plant in Bhikki District in Sheikhupura. Punjab Finance Minister Dr Ayesha Ghaus Pasha said the growth strategy devised by the Punjab
Published 13 Jun, 2015 12:00am
Rs 31 billion allocated to energy sector

Rs 31 billion allocated to energy sector

The Punjab government has earmarked Rs 31 billion to the energy sector, including Rs 15 billion for the RLNG-based power plant in Bhikki District in Sheikhupura. Punjab Finance Minister Dr Ayesha Ghaus Pasha said the growth strategy devised by the Punjab
Published 13 Jun, 2015 12:00am
Currency notes: exchange rates
Currency

Currency notes: exchange rates

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

Published 13 Jun, 2015 12:00am
Rs 31 billion allocated to energy sector

Rs 31 billion allocated to energy sector

The Punjab government has earmarked Rs 31 billion to the energy sector, including Rs 15 billion for the RLNG-based power plant in Bhikki District in Sheikhupura. Punjab Finance Minister Dr Ayesha Ghaus Pasha said the growth strategy devised by the Punjab
Published 13 Jun, 2015 12:00am
Rs 31 billion allocated to energy sector

Rs 31 billion allocated to energy sector

The Punjab government has earmarked Rs 31 billion to the energy sector, including Rs 15 billion for the RLNG-based power plant in Bhikki District in Sheikhupura. Punjab Finance Minister Dr Ayesha Ghaus Pasha said the growth strategy devised by the Punjab
Published 13 Jun, 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 Friday (June 12, 2015).

Published 13 Jun, 2015 12:00am
10 new services brought into tax net

10 new services brought into tax net

Through the budget 2015-16, the Punjab government has included ten new services - public relations services, services provided by chartered accountants, auditors, corporate law consultants, etc, air travel and transportation of goods by air (previously ta
Published 13 Jun, 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 Jun, 2015 12:00am
10 new services brought into tax net

10 new services brought into tax net

Through the budget 2015-16, the Punjab government has included ten new services - public relations services, services provided by chartered accountants, auditors, corporate law consultants, etc, air travel and transportation of goods by air (previously ta
Published 13 Jun, 2015 12:00am
State Bank of Pakistan conversion rates
Currency

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 Jun, 2015 12:00am
10 new services brought into tax net

10 new services brought into tax net

Through the budget 2015-16, the Punjab government has included ten new services - public relations services, services provided by chartered accountants, auditors, corporate law consultants, etc, air travel and transportation of goods by air (previously ta
Published 13 Jun, 2015 12:00am