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Print - 2015-09-16
BOARD MEETINGS
Cotton

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 16 Sep, 2015 12:00am
July-August FDI up seven percent

July-August FDI up seven percent

Foreign Direct Investment (FDI) maintained upward trend and rose by 7 percent during the first two months of this fiscal year (FY16). Economists said the country has failed to attract massive FDI inflows due to several reasons including law and order, pow
Published 16 Sep, 2015 12:00am
BRIndex30 sheds 119.78 points

BRIndex30 sheds 119.78 points

On Tuesday, BRIndex30 remained negative for most of trading time. It closed at 20,259.18 points with net change of -119.78 points. High and low were 20,475.02 points and 20,154.45 points respectively. Total turnover was 70,071,600 shares. Among BRIndex30
Published 16 Sep, 2015 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 16 Sep, 2015 12:00am
BRIndex30 sheds 119.78 points

BRIndex30 sheds 119.78 points

On Tuesday, BRIndex30 remained negative for most of trading time. It closed at 20,259.18 points with net change of -119.78 points. High and low were 20,475.02 points and 20,154.45 points respectively. Total turnover was 70,071,600 shares. Among BRIndex30
Published 16 Sep, 2015 12:00am
Volatility persists

Volatility persists

Karachi Stock Exchange witnessed another volatile session Tuesday as the benchmark KSE-100 index shed 193 points to close at 33,191 points down from 33,384 points. Ahsan Mehanti, analyst at Arif Habib said stocks closed bearish post major earning announce
Published 16 Sep, 2015 12:00am
Volatility persists

Volatility persists

Karachi Stock Exchange witnessed another volatile session Tuesday as the benchmark KSE-100 index shed 193 points to close at 33,191 points down from 33,384 points. Ahsan Mehanti, analyst at Arif Habib said stocks closed bearish post major earning announce
Published 16 Sep, 2015 12:00am
Volatility persists

Volatility persists

Karachi Stock Exchange witnessed another volatile session Tuesday as the benchmark KSE-100 index shed 193 points to close at 33,191 points down from 33,384 points. Ahsan Mehanti, analyst at Arif Habib said stocks closed bearish post major earning announce
Published 16 Sep, 2015 12:00am
Service provider companies, bodies: viewpoints to be heard today

Service provider companies, bodies: viewpoints to be heard today

The committee constituted by Finance Minister Ishaq Dar to review 8 percent minimum tax on service sector has directed the corporate service provider companies to provide financial data to justify any reduction in tax rate for specific services'' industry
Published 16 Sep, 2015 12:00am
Service provider companies, bodies: viewpoints to be heard today

Service provider companies, bodies: viewpoints to be heard today

The committee constituted by Finance Minister Ishaq Dar to review 8 percent minimum tax on service sector has directed the corporate service provider companies to provide financial data to justify any reduction in tax rate for specific services' industry/
Published 16 Sep, 2015 12:00am
Service provider companies, bodies: viewpoints to be heard today

Service provider companies, bodies: viewpoints to be heard today

The committee constituted by Finance Minister Ishaq Dar to review 8 percent minimum tax on service sector has directed the corporate service provider companies to provide financial data to justify any reduction in tax rate for specific services' industry/
Published 16 Sep, 2015 12:00am
Government offer spurned by APTMA: Abbasi

Government offer spurned by APTMA: Abbasi

The Ministry of Petroleum and Natural Resources has offered Textile Industry round-the-clock supply of electricity at 9 cents per unit in case the industry stops using natural gas. Federal Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi
Published 16 Sep, 2015 12:00am
Government offer spurned by APTMA: Abbasi

Government offer spurned by APTMA: Abbasi

The Ministry of Petroleum and Natural Resources has offered Textile Industry round-the-clock supply of electricity at 9 cents per unit in case the industry stops using natural gas. Federal Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi
Published 16 Sep, 2015 12:00am
Government offer spurned by APTMA: Abbasi

Government offer spurned by APTMA: Abbasi

The Ministry of Petroleum and Natural Resources has offered Textile Industry round-the-clock supply of electricity at 9 cents per unit in case the industry stops using natural gas. Federal Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi
Published 16 Sep, 2015 12:00am
World Bank warns of more turbulence from Fed tightening

World Bank warns of more turbulence from Fed tightening

The World Bank warned Tuesday that monetary policy tightening by the Federal Reserve could spur a "perfect storm" of threats to growth and financial stability in developing economies. Regardless of whether the Fed begins raising interest rates at this wee
Published 16 Sep, 2015 12:00am
World Bank warns of more turbulence from Fed tightening

World Bank warns of more turbulence from Fed tightening

The World Bank warned Tuesday that monetary policy tightening by the Federal Reserve could spur a "perfect storm" of threats to growth and financial stability in developing economies. Regardless of whether the Fed begins raising interest rates at this wee
Published 16 Sep, 2015 12:00am
World Bank warns of more turbulence from Fed tightening

World Bank warns of more turbulence from Fed tightening

The World Bank warned Tuesday that monetary policy tightening by the Federal Reserve could spur a "perfect storm" of threats to growth and financial stability in developing economies. Regardless of whether the Fed begins raising interest rates at this wee
Published 16 Sep, 2015 12:00am
SBP allows Rs 1.5 billion financing for power company

SBP allows Rs 1.5 billion financing for power company

The State Bank of Pakistan (SBP) has allowed banks and DFIs up to Rs 1.5 billion financing for power company, established as a wholly owned subsidiary of the eligible export oriented company to meet its power requirements. The SBP has already allowed fina
Published 16 Sep, 2015 12:00am
SBP allows Rs 1.5 billion financing for power company

SBP allows Rs 1.5 billion financing for power company

The State Bank of Pakistan (SBP) has allowed banks and DFIs up to Rs 1.5 billion financing for power company, established as a wholly owned subsidiary of the eligible export oriented company to meet its power requirements. The SBP has already allowed fina
Published 16 Sep, 2015 12:00am
SBP allows Rs 1.5 billion financing for power company

SBP allows Rs 1.5 billion financing for power company

The State Bank of Pakistan (SBP) has allowed banks and DFIs up to Rs 1.5 billion financing for power company, established as a wholly owned subsidiary of the eligible export oriented company to meet its power requirements. The SBP has already allowed fina
Published 16 Sep, 2015 12:00am
SBP allows Rs 1.5 billion financing for power company

SBP allows Rs 1.5 billion financing for power company

The State Bank of Pakistan (SBP) has allowed banks and DFIs up to Rs 1.5 billion financing for power company, established as a wholly owned subsidiary of the eligible export oriented company to meet its power requirements. The SBP has already allowed fina
Published 16 Sep, 2015 12:00am
Consumers overcharged by Discos: reimbursement approved by Nepra

Consumers overcharged by Discos: reimbursement approved by Nepra

National Electric Power Regulatory Authority (Nepra) on Tuesday approved reimbursement of Rs 2.19 per unit for June and Rs 2.13 per unit for July 2015 to the consumers overcharged by the power Distribution Companies (Discos). The refund will be passed on
Published 16 Sep, 2015 12:00am
Consumers overcharged by Discos: reimbursement approved by Nepra

Consumers overcharged by Discos: reimbursement approved by Nepra

National Electric Power Regulatory Authority (Nepra) on Tuesday approved reimbursement of Rs 2.19 per unit for June and Rs 2.13 per unit for July 2015 to the consumers overcharged by the power Distribution Companies (Discos). The refund will be passed on
Published 16 Sep, 2015 12:00am
Consumers overcharged by Discos: reimbursement approved by Nepra

Consumers overcharged by Discos: reimbursement approved by Nepra

National Electric Power Regulatory Authority (Nepra) on Tuesday approved reimbursement of Rs 2.19 per unit for June and Rs 2.13 per unit for July 2015 to the consumers overcharged by the power Distribution Companies (Discos). The refund will be passed on
Published 16 Sep, 2015 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Tuesday (September 15, 2015).

Published 16 Sep, 2015 12:00am
Pak-China military ties to attain unprecedented heights: CoAS

Pak-China military ties to attain unprecedented heights: CoAS

CoAS visited Bahadur Ranges (Attock) and witnessed Pak-China Joint Field Exercise Warrior-III on Tuesday. Special forces of Pakistan Army and PLA conducted a seven-week long exercise with focus on counter-terrorism operations. A senior level Chinese milit
Published 16 Sep, 2015 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Tuesday (September 15, 2015).

Published 16 Sep, 2015 12:00am
Pak-China military ties to attain unprecedented heights: CoAS

Pak-China military ties to attain unprecedented heights: CoAS

CoAS visited Bahadur Ranges (Attock) and witnessed Pak-China Joint Field Exercise Warrior-III on Tuesday. Special forces of Pakistan Army and PLA conducted a seven-week long exercise with focus on counter-terrorism operations. A senior level Chinese milit
Published 16 Sep, 2015 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Tuesday (September 15, 2015).

Published 16 Sep, 2015 12:00am
Merkel demands refugee summit

Merkel demands refugee summit

Hundreds of desperate migrants were Tuesday trapped behind a razor-wire fence erected by Hungary, as Germany's Angela Merkel called for an EU summit on the refugee crisis. While European leaders squabbled over how to manage the continent's biggest migrant
Published 16 Sep, 2015 12:00am
Merkel demands refugee summit

Merkel demands refugee summit

Hundreds of desperate migrants were Tuesday trapped behind a razor-wire fence erected by Hungary, as Germany's Angela Merkel called for an EU summit on the refugee crisis. While European leaders squabbled over how to manage the continent's biggest migrant
Published 16 Sep, 2015 12:00am
Cotton little changed as traders eye harvest weather, Fed meeting
Cotton

Cotton little changed as traders eye harvest weather, Fed meeting

ICE cotton futures settled little changed on Tuesday, as market participants awaited news of whether rains later this month could disrupt harvest activities and eyed the Federal Reserve's meeting later this week. "Unless we get a weather scare, it's stuck
Published 16 Sep, 2015 12:00am
US crude up on Wall Street, gasoline rally; Brent premium narrows

US crude up on Wall Street, gasoline rally; Brent premium narrows

US crude settled up more than 1 percent on Tuesday, buoyed by gains on Wall Street and higher gasoline prices, while Brent oil advanced less ahead of the expiry of its front-month contract, narrowing the transatlantic spread to the lowest in eight months.
Published 16 Sep, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (September 15, 2015).

Published 16 Sep, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (September 15, 2015).

Published 16 Sep, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (September 15, 2015).

Published 16 Sep, 2015 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (September 15, 2015).

Published 16 Sep, 2015 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (September 15, 2015).
Published 16 Sep, 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 (September 15, 2015).

Published 16 Sep, 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 (September 15, 2015).

Published 16 Sep, 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 16 Sep, 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 16 Sep, 2015 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 16 Sep, 2015 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 16 Sep, 2015 12:00am
IBA: Celebrating 60 years

IBA: Celebrating 60 years

Over the years, IBA has carved a niche in the Education sector imparting quality education in a rigorous model of expecting nothing but the best from its students. The gruelling workload and active lifestyle of IBA's students have become synonymous with q
Published 16 Sep, 2015 12:00am
Guest Profiles

Guest Profiles

Sartaj Aziz: Adviser to the Prime Minister on Foreign Affairs and National Security (2013 - Present) Former Minister of Foreign Affairs (1998-1999) Sartaj Aziz is a development economist and obtained a degree in commerce f
Published 16 Sep, 2015 12:00am
A LITTLE BIT ABOUT ATMOSPHERIC LAYERS

A LITTLE BIT ABOUT ATMOSPHERIC LAYERS

The troposphere is the layer of the atmosphere closest to the earth. It extends from the ground to approximately 12km above sea level (though this varies with latitude and with the seasons). It contains around 75% of all the air in the atmosphere, and aro
Published 16 Sep, 2015 12:00am
HOW HAVE HUMANS AFFECTED THE OZONE LAYER?

HOW HAVE HUMANS AFFECTED THE OZONE LAYER?

Since the mid-1970s scientists have been concerned about the harmful effects of certain Chlorofluorocarbons (CFCs) on the ozone layer. These CFC compounds are relatively inert and nontoxic, and humans found a use for them as cooling agents in refrigerator
Published 16 Sep, 2015 12:00am
WHAT IS THE OZONE LAYER?

WHAT IS THE OZONE LAYER?

The ozone layer is a layer in the Earth's atmosphere containing high concentrations of ozone. It is typically said to exist between about 20 and 30km above the Earth's surface, but it does not have definite edges. You can see this on the ozone map. Each w
Published 16 Sep, 2015 12:00am
Daily trading report of PMEX
Cotton

Daily trading report of PMEX

On Monday, at Pakistan Mercantile Exchange (PMEX) value traded was PKR 3,984 million. The number of lots traded was 21.92 million. PMEX Commodity Index was closed at 2,483. Major business was contributed by gold amounting to PKR 3,513 million. This was fo
Published 16 Sep, 2015 12:00am
Philippines' rice stocks fall in August

Philippines' rice stocks fall in August

Rice stocks in the Philippines, one of the world's top importers, shrank for a third straight month in August, government data showed on Friday, following a decline in the domestic harvest due to El Nino-induced dry weather. Total stocks as of August 1 st
Published 16 Sep, 2015 12:00am
Vietnam's coffee prices edge up, but demands thin

Vietnam's coffee prices edge up, but demands thin

Coffee prices in Vietnam edged up this week in line with a gain in futures contracts but remain below growers' expectations, while foreign buying demand has yet to pick up, traders said. That has left a large gap between bids and offers, with few beans ch
Published 16 Sep, 2015 12:00am
US natural gas futures rise on continued warm forecasts

US natural gas futures rise on continued warm forecasts

US natural gas futures climbed over 2 percent on Monday on forecasts for continued above normal temperatures over the next two weeks, expected to keep power demand for air conditioning high during that time. Front-month gas futures on the New York Mercant
Published 16 Sep, 2015 12:00am