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Print - 2015-08-28
IS kills two generals in Iraq, advances in Syria

IS kills two generals in Iraq, advances in Syria

A suicide attack claimed by the Islamic State group killed two Iraqi generals on Thursday in the key battleground province of Anbar, as the jihadists made gains in neighbouring Syria. IS overran large areas of Iraq in 2014 and seized Anbar capital Ramadi
Published 28 Aug, 2015 12:00am
Swiss envoy says invest in Iran

Swiss envoy says invest in Iran

Switzerland's ambassador on Thursday called Iran a "pole of stability" in the Middle East and urged companies to make the most of a lucrative market about to re-open after years of crippling sanctions. Ambassador Giulio Haas was addressing some 500 Swiss
Published 28 Aug, 2015 12:00am
Swiss envoy says invest in Iran

Swiss envoy says invest in Iran

Switzerland's ambassador on Thursday called Iran a "pole of stability" in the Middle East and urged companies to make the most of a lucrative market about to re-open after years of crippling sanctions. Ambassador Giulio Haas was addressing some 500 Swiss
Published 28 Aug, 2015 12:00am
Swiss envoy says invest in Iran

Swiss envoy says invest in Iran

Switzerland''s ambassador on Thursday called Iran a "pole of stability" in the Middle East and urged companies to make the most of a lucrative market about to re-open after years of crippling sanctions. Ambassador Giulio Haas was addressing some 500 Swiss
Published 28 Aug, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (August 27, 2015).

Published 28 Aug, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (August 27, 2015).

Published 28 Aug, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (August 27, 2015).

Published 28 Aug, 2015 12:00am
MoF asked to submit list of HBFCL loan defaulters

MoF asked to submit list of HBFCL loan defaulters

Public Accounts Committee (PAC) has directed Ministry of Finance to submit a complete list of Housing Building Finance Company Limited (HBFCL) loan defaulters. PAC meeting presided over by opposition leader Syed Khurshid Shah reviewed audit accounts of Fi
Published 28 Aug, 2015 12:00am
MoF asked to submit list of HBFCL loan defaulters

MoF asked to submit list of HBFCL loan defaulters

Public Accounts Committee (PAC) has directed Ministry of Finance to submit a complete list of Housing Building Finance Company Limited (HBFCL) loan defaulters. PAC meeting presided over by opposition leader Syed Khurshid Shah reviewed audit accounts of Fi
Published 28 Aug, 2015 12:00am
MoF asked to submit list of HBFCL loan defaulters

MoF asked to submit list of HBFCL loan defaulters

Public Accounts Committee (PAC) has directed Ministry of Finance to submit a complete list of Housing Building Finance Company Limited (HBFCL) loan defaulters. PAC meeting presided over by opposition leader Syed Khurshid Shah reviewed audit accounts of Fi
Published 28 Aug, 2015 12:00am
Kazakhstan signs deal to host nuclear fuel bank

Kazakhstan signs deal to host nuclear fuel bank

Kazakhstan and the UN nuclear watchdog signed a deal Thursday to create the first internationally-controlled uranium bank aimed at guaranteeing supplies for power plants and curbing nuclear proliferation. The bank, which will be administered by the Intern
Published 28 Aug, 2015 12:00am
Kazakhstan signs deal to host nuclear fuel bank

Kazakhstan signs deal to host nuclear fuel bank

Kazakhstan and the UN nuclear watchdog signed a deal Thursday to create the first internationally-controlled uranium bank aimed at guaranteeing supplies for power plants and curbing nuclear proliferation. The bank, which will be administered by the Intern
Published 28 Aug, 2015 12:00am
Kazakhstan signs deal to host nuclear fuel bank

Kazakhstan signs deal to host nuclear fuel bank

Kazakhstan and the UN nuclear watchdog signed a deal Thursday to create the first internationally-controlled uranium bank aimed at guaranteeing supplies for power plants and curbing nuclear proliferation. The bank, which will be administered by the Intern
Published 28 Aug, 2015 12:00am
Kazakhstan signs deal to host nuclear fuel bank

Kazakhstan signs deal to host nuclear fuel bank

Kazakhstan and the UN nuclear watchdog signed a deal Thursday to create the first internationally-controlled uranium bank aimed at guaranteeing supplies for power plants and curbing nuclear proliferation. The bank, which will be administered by the Intern
Published 28 Aug, 2015 12:00am
Kazakhstan signs deal to host nuclear fuel bank

Kazakhstan signs deal to host nuclear fuel bank

Kazakhstan and the UN nuclear watchdog signed a deal Thursday to create the first internationally-controlled uranium bank aimed at guaranteeing supplies for power plants and curbing nuclear proliferation. The bank, which will be administered by the Intern
Published 28 Aug, 2015 12:00am
Troops asked to step up action against terrorists

Troops asked to step up action against terrorists

Chief of Army Staff (CoAS) General Raheel Sharif while expressing satisfaction over the proceedings and gains in the ongoing military operation against extremists has directed the troops to comprehensively cleanse the terrorists from their hideouts, to re
Published 28 Aug, 2015 12:00am
Troops asked to step up action against terrorists

Troops asked to step up action against terrorists

Chief of Army Staff (CoAS) General Raheel Sharif while expressing satisfaction over the proceedings and gains in the ongoing military operation against extremists has directed the troops to comprehensively cleanse the terrorists from their hideouts, to re
Published 28 Aug, 2015 12:00am
Oil sector leads rally

Oil sector leads rally

With foreign selling peaking to new highs, Karachi stocks Thursday regained 424 points in a rally led by recovery in international oil prices. The benchmark KSE-100 index hit the intraday high of 34,005.69 points before closing the day at 33,961.29. Analy
Published 28 Aug, 2015 12:00am
Oil sector leads rally

Oil sector leads rally

With foreign selling peaking to new highs, Karachi stocks Thursday regained 424 points in a rally led by recovery in international oil prices. The benchmark KSE-100 index hit the intraday high of 34,005.69 points before closing the day at 33,961.29. Analy
Published 28 Aug, 2015 12:00am
Oil sector leads rally

Oil sector leads rally

With foreign selling peaking to new highs, Karachi stocks Thursday regained 424 points in a rally led by recovery in international oil prices. The benchmark KSE-100 index hit the intraday high of 34,005.69 points before closing the day at 33,961.29. Analy
Published 28 Aug, 2015 12:00am
BRIndex30 up 335 points

BRIndex30 up 335 points

On Thursday, BRIndex30 remained positive throughout the trading time with an overall neutral trend. It closed at 21,167.94 points with net change of 335 points. Total turnover was 107,490,200 shares. Notable companies with regards to turnover were Jahangi
Published 28 Aug, 2015 12:00am
BRIndex30 up 335 points

BRIndex30 up 335 points

On Thursday, BRIndex30 remained positive throughout the trading time with an overall neutral trend. It closed at 21,167.94 points with net change of 335 points. Total turnover was 107,490,200 shares. Notable companies with regards to turnover were Jahangi
Published 28 Aug, 2015 12:00am
NA-122, NA 154: PML-N decides to contest by-elections

NA-122, NA 154: PML-N decides to contest by-elections

Pakistan Muslim League-Nawaz (PML-N) decided on Thursday in a meeting that it would contest by-elections on NA-122 Lahore and NA-154 Lodhran constituencies instead of filing an application in the Supreme Court with a view to seeking stay orders. Talking t
Published 28 Aug, 2015 12:00am
NA-122, NA 154: PML-N decides to contest by-elections

NA-122, NA 154: PML-N decides to contest by-elections

Pakistan Muslim League-Nawaz (PML-N) decided on Thursday in a meeting that it would contest by-elections on NA-122 Lahore and NA-154 Lodhran constituencies instead of filing an application in the Supreme Court with a view to seeking stay orders. Talking t
Published 28 Aug, 2015 12:00am
ISE index improves 61.61 points

ISE index improves 61.61 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 61.61 points as the ISE Ten Index moved
Published 28 Aug, 2015 12:00am
ISE index improves 61.61 points

ISE index improves 61.61 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 61.61 points as the ISE Ten Index moved
Published 28 Aug, 2015 12:00am
LSE index gains 25.41 points

LSE index gains 25.41 points

Equities on Thursday kept rising on the Lahore Stock Exchange and won some gains amid marginally improved trading. The LSE-25 index gained 25.41 points to close at 5816.62 against 5791.21 of Wednesday while transaction volume increased to 1.559 million sh
Published 28 Aug, 2015 12:00am
LSE index gains 25.41 points

LSE index gains 25.41 points

Equities on Thursday kept rising on the Lahore Stock Exchange and won some gains amid marginally improved trading. The LSE-25 index gained 25.41 points to close at 5816.62 against 5791.21 of Wednesday while transaction volume increased to 1.559 million sh
Published 28 Aug, 2015 12:00am
SECP pays three percent prescribed fees to CCP: Senate panel told

SECP pays three percent prescribed fees to CCP: Senate panel told

The Securities and Exchange Commission of Pakistan (SECP) has duly paid the prescribed amount of 3 percent fees/charges to the Competition Commission of Pakistan (CCP). The CCP here Thursday informed the Senate Standing Committee on Finance that the SECP
Published 28 Aug, 2015 12:00am
SECP pays three percent prescribed fees to CCP: Senate panel told

SECP pays three percent prescribed fees to CCP: Senate panel told

The Securities and Exchange Commission of Pakistan (SECP) has duly paid the prescribed amount of 3 percent fees/charges to the Competition Commission of Pakistan (CCP). The CCP here Thursday informed the Senate Standing Committee on Finance that the SECP
Published 28 Aug, 2015 12:00am
SECP pays three percent prescribed fees to CCP: Senate panel told

SECP pays three percent prescribed fees to CCP: Senate panel told

The Securities and Exchange Commission of Pakistan (SECP) has duly paid the prescribed amount of 3 percent fees/charges to the Competition Commission of Pakistan (CCP). The CCP here Thursday informed the Senate Standing Committee on Finance that the SECP
Published 28 Aug, 2015 12:00am
SBP allows ERF for export of edible offal

SBP allows ERF for export of edible offal

The State Bank of Pakistan (SBP) on Thursday allowed export refinance facility (ERF) for export of Edible Offal of bovine animals. According to IH&SMEFD Circular Letter No 12 of 2015, issued on August 27, 2015, SBP has advised banks that Edible Offal of b
Published 28 Aug, 2015 12:00am
SBP allows ERF for export of edible offal

SBP allows ERF for export of edible offal

The State Bank of Pakistan (SBP) on Thursday allowed export refinance facility (ERF) for export of Edible Offal of bovine animals. According to IH&SMEFD Circular Letter No 12 of 2015, issued on August 27, 2015, SBP has advised banks that Edible Offal of b
Published 28 Aug, 2015 12:00am
SBP allows ERF for export of edible offal

SBP allows ERF for export of edible offal

The State Bank of Pakistan (SBP) on Thursday allowed export refinance facility (ERF) for export of Edible Offal of bovine animals. According to IH&SMEFD Circular Letter No 12 of 2015, issued on August 27, 2015, SBP has advised banks that Edible Offal of b
Published 28 Aug, 2015 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 28 Aug, 2015 12:00am
SBP allows ERF for export of edible offal

SBP allows ERF for export of edible offal

The State Bank of Pakistan (SBP) on Thursday allowed export refinance facility (ERF) for export of Edible Offal of bovine animals. According to IH&SMEFD Circular Letter No 12 of 2015, issued on August 27, 2015, SBP has advised banks that Edible Offal of b
Published 28 Aug, 2015 12:00am
IS kills two generals in Iraq, advances in Syria

IS kills two generals in Iraq, advances in Syria

A suicide attack claimed by the Islamic State group killed two Iraqi generals on Thursday in the key battleground province of Anbar, as the jihadists made gains in neighbouring Syria. IS overran large areas of Iraq in 2014 and seized Anbar capital Ramadi
Published 28 Aug, 2015 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 28 Aug, 2015 12:00am
The Weather

The Weather

The weather report on Thursday (August 27, 2015) and the forecast for Friday (August 28, 2015).

Published 28 Aug, 2015 12:00am
Shanghai copper slips

Shanghai copper slips

The most-traded October copper contract on the Shanghai Futures Exchange slipped just under 1 percent to 38,890 yuan ($6,071) a tonne on Thursday after a sharp rebound in Chinese equity markets helped calm investors hit by worries over the country's falte
Published 28 Aug, 2015 12:00am
Copper jumps most in two years

Copper jumps most in two years

Copper and zinc scored the biggest one-day gains in over two years on Thursday after comments by US Federal Reserve officials helped calm global markets, including hard-hit stocks in top metals consumer China. Speculators on the London Metal Exchange scra
Published 28 Aug, 2015 12:00am
Oil jumps in biggest one-day gain since 2009

Oil jumps in biggest one-day gain since 2009

Oil rocketed as much as 10 percent higher on Thursday, posting its biggest one-day rally since 2009 as recovering equity markets and news of diminished crude supplies set off a short-covering surge by bearish traders. Snapping back from a deep two-month s
Published 28 Aug, 2015 12:00am
Rubber rises

Rubber rises

Benchmark Tokyo rubber futures rose for a second day on Thursday, lifted by a softer yen and short-covering as some calm returned to the Chinese stock market after Beijing moved to ease policy this week, dealers said. The Tokyo Commodity Exchange rubber c
Published 28 Aug, 2015 12:00am
Soyabeans slide

Soyabeans slide

US soyabean prices dropped on Wednesday on concern that interest rate cuts in China may not be enough to stimulate growth in the key importer. Corn slipped on technical selling, and Chicago wheat lost ground on concerns about export competition as the dol
Published 28 Aug, 2015 12:00am
Palm oil surges
Vegetable Oil

Palm oil surges

Malaysian palm oil futures traded higher on Thursday after six sessions of losses, tracking global equity and commodities markets and as the recent selloff brought down palm prices to an attractive level for buyers. The benchmark palm oil contract for Nov
Published 28 Aug, 2015 12:00am
Raw sugar soars
Currency

Raw sugar soars

Benchmark raw sugar futures rallied the most in two years on Thursday, surging 5 percent on a recovering real currency in top-producer Brazil, rains in the country's cane belt and a broad-based commodities rally. Arabica coffee on ICE Futures US also gain
Published 28 Aug, 2015 12:00am
Gold slips in New York

Gold slips in New York

Gold slipped 2 percent on Wednesday as the dollar gained and US stocks advanced, while investors kept a close eye on China's efforts to support its economy. Gold's losses, combined with sliding copper prices, also hurt sentiment in the more industrial pre
Published 28 Aug, 2015 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (August 27, 2015).

Published 28 Aug, 2015 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 28 Aug, 2015 12:00am
US MIDDAY: gold down

US MIDDAY: gold down

Gold eased on Thursday, headed for its biggest weekly rout since March, as upbeat US growth and jobs data drove up stocks and the dollar, though uncertainty over the timing of a US rate rise held losses in check. Spot gold was down 0.2 percent at $1,122.8
Published 28 Aug, 2015 12:00am