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Print - 2015-07-15
ICE cotton ends unchanged after last week's drop
Cotton

ICE cotton ends unchanged after last week's drop

Benchmark cotton prices on ICE were unchanged on Monday, buoyed by buying at key chart support even as worries lingered from a surprise drop in the US government's demand forecast. Cotton news over the past week was a "mixed bag but mostly not good for pr
Published 15 Jul, 2015 12:00am
Shanghai copper up

Shanghai copper up

Shanghai Futures Exchange copper ended up 0.3 percent at 40,280 yuan ($6,489) a tonne on Tuesday with the dollar strengthening on worries over whether Greece's parliament would accept terms of a debt deal. Uncertainty pushed the dollar higher, making comm
Published 15 Jul, 2015 12:00am
Copper down on worries over Greece bailout deal, excess supply

Copper down on worries over Greece bailout deal, excess supply

Copper and some other metals retreated on Tuesday on uncertainty about Greece's debt deal and inventory rises that highlighted concerns about excess supply. The London Metal Exchange saw strong gains on Monday following a bailout deal between Greece and c
Published 15 Jul, 2015 12:00am
Ayyan Ali granted bail

Ayyan Ali granted bail

Supermodel Ayyan Ali has been granted bail by a Lahore High Court division bench. On Tuesday the bench also halted investigation into her money-laundering case. The counsel for Ayyan, Sardar Latif Khan Khosa, earlier had told the bench that customs offici
Published 15 Jul, 2015 12:00am
Ayyan Ali granted bail

Ayyan Ali granted bail

Supermodel Ayyan Ali has been granted bail by a Lahore High Court division bench. On Tuesday the bench also halted investigation into her money-laundering case. The counsel for Ayyan, Sardar Latif Khan Khosa, earlier had told the bench that customs offici
Published 15 Jul, 2015 12:00am
IPL turmoil as teams banned in betting scandal

IPL turmoil as teams banned in betting scandal

Cricket's Indian Premier League was thrown into turmoil Tuesday when a Supreme Court-appointed panel suspended two of the eight teams after officials were found guilty of illegally betting on matches. India's board said it would respect the verdict and pl
Published 15 Jul, 2015 12:00am
IPL turmoil as teams banned in betting scandal

IPL turmoil as teams banned in betting scandal

Cricket's Indian Premier League was thrown into turmoil Tuesday when a Supreme Court-appointed panel suspended two of the eight teams after officials were found guilty of illegally betting on matches. India's board said it would respect the verdict and pl
Published 15 Jul, 2015 12:00am
Ali Geelani rejects Pakistan HC's Eid Milan invitation

Ali Geelani rejects Pakistan HC's Eid Milan invitation

Kashmiri Separatist leader Syed Ali Shah Geelani in a surprise move has decided against attending an Eid Milan which is to be hosted by the Pakistan High Commission on July 21. According to an Indian TV channel, Geelani rejected the invitation on the grou
Published 15 Jul, 2015 12:00am
US spacecraft whizzes by Pluto in historic flyby

US spacecraft whizzes by Pluto in historic flyby

An unmanned NASA spacecraft whizzed by Pluto on Tuesday, making its closest approach in the climax of a decade-long journey to explore the dwarf planet for the first time, the US space agency said. Moving faster than any spacecraft ever built at a speed o
Published 15 Jul, 2015 12:00am
US spacecraft whizzes by Pluto in historic flyby

US spacecraft whizzes by Pluto in historic flyby

An unmanned NASA spacecraft whizzed by Pluto on Tuesday, making its closest approach in the climax of a decade-long journey to explore the dwarf planet for the first time, the US space agency said. Moving faster than any spacecraft ever built at a speed o
Published 15 Jul, 2015 12:00am
From 2011 till to date: notices issued to collect FED from KSE members

From 2011 till to date: notices issued to collect FED from KSE members

Federal Board of Revenue (FBR) has started issuing notices to the members of Karachi Stocks Exchange (KSE) to collect Federal Excise Duty (FED) from 2011 till to date; raising disenchantment among them over double taxation; it was learnt here on Tuesday.
Published 15 Jul, 2015 12:00am
From 2011 till to date: notices issued to collect FED from KSE members

From 2011 till to date: notices issued to collect FED from KSE members

Federal Board of Revenue (FBR) has started issuing notices to the members of Karachi Stocks Exchange (KSE) to collect Federal Excise Duty (FED) from 2011 till to date; raising disenchantment among them over double taxation; it was learnt here on Tuesday.
Published 15 Jul, 2015 12:00am
From 2011 till to date: notices issued to collect FED from KSE members

From 2011 till to date: notices issued to collect FED from KSE members

Federal Board of Revenue (FBR) has started issuing notices to the members of Karachi Stocks Exchange (KSE) to collect Federal Excise Duty (FED) from 2011 till to date; raising disenchantment among them over double taxation; it was learnt here on Tuesday.
Published 15 Jul, 2015 12:00am
The Weather

The Weather

The weather report on Tuesday (July 14, 2015) and the forecast for Wednesday (July 15, 2015).

Published 15 Jul, 2015 12:00am
From 2011 till to date: notices issued to collect FED from KSE members

From 2011 till to date: notices issued to collect FED from KSE members

Federal Board of Revenue (FBR) has started issuing notices to the members of Karachi Stocks Exchange (KSE) to collect Federal Excise Duty (FED) from 2011 till to date; raising disenchantment among them over double taxation; it was learnt here on Tuesday.
Published 15 Jul, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (July 14, 2015).

Published 15 Jul, 2015 12:00am
Altaf rejects cases against him

Altaf rejects cases against him

Muttahida Qaumi Movement (MQM) leader Altaf Hussain has said that MQM is striving for equal rights for people without any discrimination of caste, colour and creed. He advised the party leaders, office-bearers and workers to continue their struggle till t
Published 15 Jul, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (July 14, 2015).

Published 15 Jul, 2015 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 15 Jul, 2015 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 15 Jul, 2015 12:00am
ISE index down 97.69 points

ISE index down 97.69 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 97.69 points as the ISE Ten Index moved from 3,573.35
Published 15 Jul, 2015 12:00am
Cotton Spot Rates

Cotton Spot Rates

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

Published 15 Jul, 2015 12:00am
ISE index down 97.69 points

ISE index down 97.69 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 97.69 points as the ISE Ten Index moved from 3,573.35
Published 15 Jul, 2015 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (July 14, 2015)

Published 15 Jul, 2015 12:00am
LSE index improves 48.84 points

LSE index improves 48.84 points

Equities maintained an upward slide for another day and registered gains amid a sluggish trading trend on the Lahore Stock Exchange on Tuesday. The LSE-25 index improved by 48.84 points to close at 6247.12 against 6198.28 of Monday while transaction volum
Published 15 Jul, 2015 12:00am
LSE index improves 48.84 points

LSE index improves 48.84 points

Equities maintained an upward slide for another day and registered gains amid a sluggish trading trend on the Lahore Stock Exchange on Tuesday. The LSE-25 index improved by 48.84 points to close at 6247.12 against 6198.28 of Monday while transaction volum
Published 15 Jul, 2015 12:00am
Kazakhstan launches US$4 billion two-part bond

Kazakhstan launches US$4 billion two-part bond

Kazakhstan is set to raise US $4 billion on Tuesday through an offering of new 10-year and 30-year bonds, according to a lead manager. The sovereign launched a US $2.5bn 10-year bond at the final spread of 285bp over US Treasuries and a US $1.5bn 30-year
Published 15 Jul, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

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

Published 15 Jul, 2015 12:00am
Kazakhstan launches US$4 billion two-part bond

Kazakhstan launches US$4 billion two-part bond

Kazakhstan is set to raise US $4 billion on Tuesday through an offering of new 10-year and 30-year bonds, according to a lead manager. The sovereign launched a US $2.5bn 10-year bond at the final spread of 285bp over US Treasuries and a US $1.5bn 30-year
Published 15 Jul, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

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

Published 15 Jul, 2015 12:00am
Four years: KE accused of committing tax evasion of Rs 111 billion

Four years: KE accused of committing tax evasion of Rs 111 billion

Transparency International Pakistan has reportedly informed chairman Senate standing committee on finance Salim Mandviwala about an alleged Rs 111 billion tax evasion by K-Electric in four years. According to a letter written by Transparency International
Published 15 Jul, 2015 12:00am
Four years: KE accused of committing tax evasion of Rs 111 billion

Four years: KE accused of committing tax evasion of Rs 111 billion

Transparency International Pakistan has reportedly informed chairman Senate standing committee on finance Salim Mandviwala about an alleged Rs 111 billion tax evasion by K-Electric in four years. According to a letter written by Transparency International
Published 15 Jul, 2015 12:00am
Four years: KE accused of committing tax evasion of Rs 111 billion

Four years: KE accused of committing tax evasion of Rs 111 billion

Transparency International Pakistan has reportedly informed chairman Senate standing committee on finance Salim Mandviwala about an alleged Rs 111 billion tax evasion by K-Electric in four years. According to a letter written by Transparency International
Published 15 Jul, 2015 12:00am
THE RUPEE: minor fluctuations
Currency

THE RUPEE: minor fluctuations

The rupee managed to resist sharp fluctuations against the dollar on the money market on Tuesday, dealers said. The rupee almost sustained its overnight levels in terms of the dollar for buying and selling at Rs 101.74 and Rs 101.75 respectively, they sai
Published 15 Jul, 2015 12:00am
Evacuation of power: IFIs made no commitment towards financing

Evacuation of power: IFIs made no commitment towards financing

The International Financing Institutions (IFIs) have not made any commitment towards financing of Rs 12.979 billion project recently approved by the ECNEC for evacuation of power from 1320MW imported coal-based power plant at Bin Qasim near Karachi. Sourc
Published 15 Jul, 2015 12:00am
THE RUPEE: minor fluctuations
Currency

THE RUPEE: minor fluctuations

The rupee managed to resist sharp fluctuations against the dollar on the money market on Tuesday, dealers said. The rupee almost sustained its overnight levels in terms of the dollar for buying and selling at Rs 101.74 and Rs 101.75 respectively, they sai
Published 15 Jul, 2015 12:00am
Evacuation of power: IFIs made no commitment towards financing

Evacuation of power: IFIs made no commitment towards financing

The International Financing Institutions (IFIs) have not made any commitment towards financing of Rs 12.979 billion project recently approved by the ECNEC for evacuation of power from 1320MW imported coal-based power plant at Bin Qasim near Karachi. Sourc
Published 15 Jul, 2015 12:00am
Evacuation of power: IFIs made no commitment towards financing

Evacuation of power: IFIs made no commitment towards financing

The International Financing Institutions (IFIs) have not made any commitment towards financing of Rs 12.979 billion project recently approved by the ECNEC for evacuation of power from 1320MW imported coal-based power plant at Bin Qasim near Karachi. Sourc
Published 15 Jul, 2015 12:00am
Non-filers: FBR fixes WHT rates on NSS profits

Non-filers: FBR fixes WHT rates on NSS profits

The Federal Board of Revenue (FBR) has said that the non-filers (yield/profit up to 0.5 million) would pay 10 percent withholding tax and non-filers (yield above 0.5 million) 17.5 percent withholding tax on the yield or profit on debt of National Savings
Published 15 Jul, 2015 12:00am
Non-filers: FBR fixes WHT rates on NSS profits

Non-filers: FBR fixes WHT rates on NSS profits

The Federal Board of Revenue (FBR) has said that the non-filers (yield/profit up to 0.5 million) would pay 10 percent withholding tax and non-filers (yield above 0.5 million) 17.5 percent withholding tax on the yield or profit on debt of National Savings
Published 15 Jul, 2015 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (July 14, 2015).

Published 15 Jul, 2015 12:00am
Non-filers: FBR fixes WHT rates on NSS profits

Non-filers: FBR fixes WHT rates on NSS profits

The Federal Board of Revenue (FBR) has said that the non-filers (yield/profit up to 0.5 million) would pay 10 percent withholding tax and non-filers (yield above 0.5 million) 17.5 percent withholding tax on the yield or profit on debt of National Savings
Published 15 Jul, 2015 12:00am
0.6 percent bank levy: FBR asks PBA to refund excess amount

0.6 percent bank levy: FBR asks PBA to refund excess amount

The Federal Board of Revenue (FBR) has asked Pakistan Banks Association (PBA) to direct all the banks that if any bank has still deducted tax @ 0.6 percent on July 13, 2015 onwards, the excess amount must be refunded/adjusted immediately. In this regard,
Published 15 Jul, 2015 12:00am
0.6 percent bank levy: FBR asks PBA to refund excess amount

0.6 percent bank levy: FBR asks PBA to refund excess amount

The Federal Board of Revenue (FBR) has asked Pakistan Banks Association (PBA) to direct all the banks that if any bank has still deducted tax @ 0.6 percent on July 13, 2015 onwards, the excess amount must be refunded/adjusted immediately. In this regard,
Published 15 Jul, 2015 12:00am
0.6 percent bank levy: FBR asks PBA to refund excess amount

0.6 percent bank levy: FBR asks PBA to refund excess amount

The Federal Board of Revenue (FBR) has asked Pakistan Banks Association (PBA) to direct all the banks that if any bank has still deducted tax @ 0.6 percent on July 13, 2015 onwards, the excess amount must be refunded/adjusted immediately. In this regard,
Published 15 Jul, 2015 12:00am
BRIndex30 up 129.88 points

BRIndex30 up 129.88 points

On Tuesday, BRIndex30 opened at 22,252.50 points and remained positive throughout the trading session. It touched an intraday high of 22,548.24 points and an intraday low of 22,305.72 points and closed at 22,382.38 points which was 129.88 points or 0.58 p
Published 15 Jul, 2015 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 15 Jul, 2015 12:00am
BRIndex30 up 129.88 points

BRIndex30 up 129.88 points

On Tuesday, BRIndex30 opened at 22,252.50 points and remained positive throughout the trading session. It touched an intraday high of 22,548.24 points and an intraday low of 22,305.72 points and closed at 22,382.38 points which was 129.88 points or 0.58 p
Published 15 Jul, 2015 12:00am
Stocks slip in dull trade

Stocks slip in dull trade

Karachi Stock Exchange (KSE) witnessed a dull session Tuesday and the benchmark KSE-100 index fell by 50 points to close at 35,447 points. The market opened on a positive note and the cement sector started leading the rally but profit-taking commenced aft
Published 15 Jul, 2015 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 15 Jul, 2015 12:00am
Stocks slip in dull trade

Stocks slip in dull trade

Karachi Stock Exchange (KSE) witnessed a dull session Tuesday and the benchmark KSE-100 index fell by 50 points to close at 35,447 points. The market opened on a positive note and the cement sector started leading the rally but profit-taking commenced aft
Published 15 Jul, 2015 12:00am
Stocks slip in dull trade

Stocks slip in dull trade

Karachi Stock Exchange (KSE) witnessed a dull session Tuesday and the benchmark KSE-100 index fell by 50 points to close at 35,447 points. The market opened on a positive note and the cement sector started leading the rally but profit-taking commenced aft
Published 15 Jul, 2015 12:00am
It heartens Syria's Assad, worries rebels

It heartens Syria's Assad, worries rebels

Syrian President Bashar al-Assad signalled on Tuesday he expected more support from his top regional ally Iran in the wake of a nuclear deal that includes Western states that have backed the insurgency against him. Rebels fighting Assad expressed concern
Published 15 Jul, 2015 12:00am
It heartens Syria's Assad, worries rebels

It heartens Syria's Assad, worries rebels

Syrian President Bashar al-Assad signalled on Tuesday he expected more support from his top regional ally Iran in the wake of a nuclear deal that includes Western states that have backed the insurgency against him. Rebels fighting Assad expressed concern
Published 15 Jul, 2015 12:00am
Pakistan welcomes Iran nuclear-deal

Pakistan welcomes Iran nuclear-deal

Pakistan Tuesday welcomed the comprehensive nuclear agreement reached between Iran and the six major world powers, saying reciprocal confidence-building measures relating to Tehran's nuclear programme auger well for peace and security in the region. "Paki
Published 15 Jul, 2015 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (July 14, 2015).

Published 15 Jul, 2015 12:00am
Pakistan welcomes Iran nuclear-deal

Pakistan welcomes Iran nuclear-deal

Pakistan Tuesday welcomed the comprehensive nuclear agreement reached between Iran and the six major world powers, saying reciprocal confidence-building measures relating to Tehran's nuclear programme auger well for peace and security in the region. "Paki
Published 15 Jul, 2015 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (July 14, 2015).
Published 15 Jul, 2015 12:00am
Iran deal reached

Iran deal reached

Iran and six major world powers reached a nuclear deal on Tuesday, capping more than a decade of negotiations with an agreement that could transform the Middle East. US President Barack Obama hailed a step towards a "more hopeful world" and Iran's Preside
Published 15 Jul, 2015 12:00am
Iran deal reached

Iran deal reached

Iran and six major world powers reached a nuclear deal on Tuesday, capping more than a decade of negotiations with an agreement that could transform the Middle East. US President Barack Obama hailed a step towards a "more hopeful world" and Iran's Preside
Published 15 Jul, 2015 12:00am
18-20 percent increase in gas tariff after Eid

18-20 percent increase in gas tariff after Eid

The government would set an increase in gas tariff by 18-20 percent soon after Eid-ul-Fitr. According to officials at the petroleum ministry, during the last three years, gas tariff for any sector of the economy has not been increased as a result Sui-Nort
Published 15 Jul, 2015 12:00am
18-20 percent increase in gas tariff after Eid

18-20 percent increase in gas tariff after Eid

The government would set an increase in gas tariff by 18-20 percent soon after Eid-ul-Fitr. According to officials at the petroleum ministry, during the last three years, gas tariff for any sector of the economy has not been increased as a result Sui-Nort
Published 15 Jul, 2015 12:00am
18-20 percent increase in gas tariff after Eid

18-20 percent increase in gas tariff after Eid

The government would set an increase in gas tariff by 18-20 percent soon after Eid-ul-Fitr. According to officials at the petroleum ministry, during the last three years, gas tariff for any sector of the economy has not been increased as a result Sui-Nort
Published 15 Jul, 2015 12:00am
FIRs lodged against Altaf across Sindh

FIRs lodged against Altaf across Sindh

First Information Reports (FIRs) were registered against Muttahida Qaumi Movement (MQM) supremo Altaf Hussain at police stations in various parts of Sindh on late on Monday and Tuesday for making "inflammatory remarks" against the military. During his spe
Published 15 Jul, 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 Tuesday (July 14, 2015).

Published 15 Jul, 2015 12:00am
FIRs lodged against Altaf across Sindh

FIRs lodged against Altaf across Sindh

First Information Reports (FIRs) were registered against Muttahida Qaumi Movement (MQM) supremo Altaf Hussain at police stations in various parts of Sindh on late on Monday and Tuesday for making "inflammatory remarks" against the military. During his spe
Published 15 Jul, 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 (July 14, 2015).

Published 15 Jul, 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 15 Jul, 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 15 Jul, 2015 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 15 Jul, 2015 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 15 Jul, 2015 12:00am