News Archives for Print - 2015-10-29 - Business Recorder

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Print - 2015-10-29

Gold tops $1,180 in European trade

Gold tops $1,180 in European trade

Gold rose above $1,180 an ounce on Wednesday as the dollar fell ahead of the Federal Reserve's latest policy statement, which is expected to give more clues about the timing of an expected US interest rate rise. The metal edged back above its 200-day movi

Published 29 Oct, 2015 12:00am

US MIDDAY: grain and soya futures slip

US MIDDAY: grain and soya futures slip

US grain and soyabean futures slipped on Wednesday on concerns about easing demand from China and improving weather conditions in key global crop regions. Wheat retreated after an early-week surge, with forecasts calling for needed rains in the US Midwest

Published 29 Oct, 2015 12:00am

US MIDDAY: gold down

US MIDDAY: gold down

Gold prices fell 1 percent early on Wednesday, in the metal's weakest session in a month, as the market turned lower after the US Federal Reserve left the door open to a possible interest rate hike in December and the dollar hit a 2-1/2-month high. The Fe

Published 29 Oct, 2015 12:00am

Bangladesh JI leader offers condolence

Bangladesh JI leader offers condolence

Acting Ameer of Bangladesh Jamaat-e-Islami, Maqbul Ahmed on Wednesday expressed deep shock and condolence as over 300 people have been killed and more than 2,000 people injured due to a massive earthquake. "I hope that the victim countries would be able t

Published 29 Oct, 2015 12:00am

Rehabilitation for earthquake victims: Siraj asks federal, KP governments to evolve joint strategy

Rehabilitation for earthquake victims: Siraj asks federal, KP governments to evolve joint strategy

Jamaat-e-Islami Central ameer, Sirajul Haq, has called upon the federal and provincial governments to outline a joint strategy on war-footing basis for rehabilitation and restoration of people, affected by devastated earthquake in the country. He was spea

Published 29 Oct, 2015 12:00am

Distribution of goods: quake-affected people in Chitral criticise government

Distribution of goods: quake-affected people in Chitral criticise government

Victims of the massive quake on Wednesday alleged the local administration of distributing the relief goods pouring from across the country including armed forces on political grounds. They also said that no government official has visited them to take no

Published 29 Oct, 2015 12:00am

Chinese embassy donates relief goods

Cotton

Chinese embassy donates relief goods

The Embassy of the People Republic of China has donated food and non-food relief goods for earthquake affected people of Pakistan. According to a press release issued by the embassy the People Republic of China had donated 110 flashlights, 252 cotton-padd

Published 29 Oct, 2015 12:00am

PFMA Punjab hands over flour to Rawalpindi Commissioner

PFMA Punjab hands over flour to Rawalpindi Commissioner

Pakistan Flour Mills Association (PFMA) Punjab on Tuesday handed over five truck loads of flour to the Commissioner Rawalpindi for distribution amongst the earthquake affectees. PFMA Punjab Chairman Chaudhry Iftikhar Ahmad Mattoo disclosed this here on We

Published 29 Oct, 2015 12:00am

PDMA KP directs damage assessment in three days

PDMA KP directs damage assessment in three days

The Provincial Disaster Management Authority (PDMA) Khyber Pakhtunkhwa has issued directives to all the Deputy Commissioners to complete damage assessment of recent earthquake within a period of three days. The directives were issued during a meeting held

Published 29 Oct, 2015 12:00am

Bata Pakistan Limited

Bata Pakistan Limited

Bata is one of the largest manufacturer and retailer of footwear in the world. The shoemaker claims to serves a million customers every day, having presence in six continents. The company, founded in 1894, has 25 production facilities and more than 500 re

Published 29 Oct, 2015 12:00am

Bata Pakistan Limited

Bata Pakistan Limited

Bata is one of the largest manufacturer and retailer of footwear in the world. The shoemaker claims to serves a million customers every day, having presence in six continents. The company, founded in 1894, has 25 production facilities and more than 500 re

Published 29 Oct, 2015 12:00am

ABL's regional head visits Sundas Foundation

ABL's regional head visits Sundas Foundation

Allied Bank's Regional Head Munir Ahmed Atiq recently visited Sundas Foundation and meet with Thalassaemia, Haemophilia and Blood Cancer patients being treated at Sundas Foundation Lahore Center. Munir appreciated the mechanism of blood screening and its

Published 29 Oct, 2015 12:00am

Future of IMSG students at stake

Future of IMSG students at stake

The future of 600 students of Islamabad Model School for Girls (IMSG), G-11/1, is at stake after Ministry of Capital Administration and Development Division (CADD), started repatriating teachers working on deputation. A parent told Business Recorder </

Published 29 Oct, 2015 12:00am

300 cartons of cigarettes seized

Directorate of Intelligence and investigation Inland Revenue Peshawar has seized 300 cartons of duty evaded cigarettes. It is learnt here on Wednesday that a team of the agency had conducted an operation against the non-duty paid cigarettes at Peshawar. T
Published 29 Oct, 2015 12:00am

Rights of Baloch people should be ensured in CPEC: Bilawal

Bilawal Bhutto Zardari Chairman Pakistan People's Party has stressed on documentation of guarantees for the interests of the people and the province of Balochistan in China-Pakistan Economic Corridor (CPEC) projects so that Pakistan's most-backward federa
Published 29 Oct, 2015 12:00am

Need for separate police stations for women stressed

The women, which make up 50 percent of the country's 180 million population have less than one percent representation in police. Individualland Pakistan, a research based consultancy firm claimed at a focus group discussion, organised on 'Women police in
Published 29 Oct, 2015 12:00am

Payment of dues to PR by Business Express's operator: Stay order granted to M/s Four Brothers International vacated by SC

The Supreme Court on Wednesday granted leave to appeal to Pakistan Railways filed against a stay order issued by Lahore High Court to M/s Four Brothers International (Pvt) Limited, which is running Business Express train from Lahore-Karachi-Lahore. The ac
Published 29 Oct, 2015 12:00am

Special children: NYPD officers want quality education, equal opportunities

The two New York City Police Department (NYPD) officers Wednesday stressed the need to provide quality education, equal opportunities to special children, enabling them to play their due role in society. During a visit to Special Education Centre for 'hea
Published 29 Oct, 2015 12:00am

AKD declared top brokerage firm of Pakistan

GlobalCapital/ AsiaMoney has declared the AKD Securities as the number one stock market brokerage company of Pakistan in a recent poll held globally. In the 26th survey voting, this year's poll received a total of 7,229 individual responses, of which 5,54
Published 29 Oct, 2015 12:00am

AKD declared top brokerage firm of Pakistan

GlobalCapital/ AsiaMoney has declared the AKD Securities as the number one stock market brokerage company of Pakistan in a recent poll held globally. In the 26th survey voting, this year's poll received a total of 7,229 individual responses, of which 5,54
Published 29 Oct, 2015 12:00am

Improper working of sewerage treatment plants: PPP submits calling attention notice in National Assembly

Pakistan Peoples' Party (PPP) on Wednesday submitted a calling attention notice in the National Assembly regarding sewerage treatment plants installed in the federal capital with a hefty sum of more than Rs 2 billion. According to the calling attention no
Published 29 Oct, 2015 12:00am

KP PAC orders recovery from officials

Public Accounts Committee (PAC) of Khyber Pakhtunkhwa Assembly has ordered the recovery of the millions of rupees from different concerned officials of the provincial government. The directives were issued during a meeting of the committee held here with
Published 29 Oct, 2015 12:00am

Gas & power royalty, NHP: KP has received Rs 27.5 billion so far: minister

Khyber Pakhtunkhwa government has so far received Rs 23 billion under the head of Gas and electricity royalty while Rs 4.5 billion under the head of Net Hydel profit (NHP) from the Centre during the current fiscal year. This was disclosed by KP Minister f
Published 29 Oct, 2015 12:00am

Premiere today: Mobilink brings Anwar Maqsood's play on 'Siachen'

The renowned Islamabad based theatre group, KopyKat Productions has once again collaborated with veteran playwright Anwar Maqsood and Director Dawar Mehmood to bring to audiences a play on Siachen. Exclusively sponsored by Mobilink, the play narrates the
Published 29 Oct, 2015 12:00am

SAI vows to provide relief to quake victims

SITE Association of Industry (SAI) has established a relief camp for the earthquake victims and requested its members to unite in this hour of need. The members have been requested to donate generously and contribute tents, woolen clothes, blankets, beddi
Published 29 Oct, 2015 12:00am

LG polls Deployment of troops sought

Tameer Hyderabad Alliance comprising of the PPP, JI, JUI, JUP and others has demanded the Election Commission of Pakistan (ECP) to hold upcoming local bodies' election under the supervision of the army for ensuring fair and free elections.
Published 29 Oct, 2015 12:00am

Education sector: political parties asked to articulate collective response

Political parties must join hands with the Sindh government to improve the standard of education and increase literacy rate in the province. This was stated by the local leaders of different political parties on Wednesday. They were speaking at a conferen
Published 29 Oct, 2015 12:00am

CY2015: NBP profit rises to 35 percent in nine months

The profit pre-provision of National Bank of Pakistan (NBP) for the first nine months of CY2015 grew 35 percent to Rs 30.9 billion compared to Rs 22.8 billion of last corresponding period, NBP statement said on Wednesday. NBP's Board of Directors approved
Published 29 Oct, 2015 12:00am

CY2015: NBP profit rises to 35 percent in nine months

The profit pre-provision of National Bank of Pakistan (NBP) for the first nine months of CY2015 grew 35 percent to Rs 30.9 billion compared to Rs 22.8 billion of last corresponding period, NBP statement said on Wednesday. NBP's Board of Directors approved
Published 29 Oct, 2015 12:00am

Arms and snatched motorcycles recovered: three wanted criminals held in Karachi

The police arrested three wanted criminals during a crackdown besides recovering arms and snatched motorcycles from their possession here on Wednesday. The police on a tipoff about presence of outlaws conducted operation in Korangi Industrial Area and arr
Published 29 Oct, 2015 12:00am

Bachelors degree programme: SU to conduct pre-entry test on November 8

University of Sindh will conduct a pre-entry test for Bachelors degree programme on 8th November at Allama I.I Kazi Campus Jamshoro and various campuses of university at Larkana, Dadu, Bhitshah, Thatta, Badin and Mirpurkhas. Professor Dr Abida Taherani, V
Published 29 Oct, 2015 12:00am

StanChart Pakistan earns Rs 12.7 billion profit before tax in Q3

Standard Chartered Bank (Pakistan) Limited announced its third quarter results. The Bank continues to deliver strong financial performance with nine months profit before tax of Rs 12.7 billion resulting in 12 percent growth year on year. The Bank's earnin
Published 29 Oct, 2015 12:00am

StanChart Pakistan earns Rs 12.7 billion profit before tax in Q3

Standard Chartered Bank (Pakistan) Limited announced its third quarter results. The Bank continues to deliver strong financial performance with nine months profit before tax of Rs 12.7 billion resulting in 12 percent growth year on year. The Bank's earnin
Published 29 Oct, 2015 12:00am

Fishermen rescue endangered Bowmouth Gitarfish

A rare marine species - Bowmouth Guitarfish finds a rare escape from fishermen's traps off Balochistan coast earlier this week, the WWF-Pakistan said on Wednesday. The 2.3 meter long species, which is scientifically named - Rhina Ancylostoma, accidentally
Published 29 Oct, 2015 12:00am

Clean-energy venture: Pakistan can play leading role in global efforts

Pakistan, rich in sunlight, wind and water resources, can play a leading role in global efforts to curb greenhouse emissions through working on clean-energy venture. The United States recently announced a major initiative against global climate change wit
Published 29 Oct, 2015 12:00am

Margins on MTB decline slightly

Margins on short-term government paper declined up to 15 basis points (bps) in the auction held Wednesday. The State Bank of Pakistan conducted MTBs auction on October 28, 2015 for the sale of 3-month, 6-month and 12-month papers and received bids amounti
Published 29 Oct, 2015 12:00am

Margins on MTB decline slightly

Margins on short-term government paper declined up to 15 basis points (bps) in the auction held Wednesday. The State Bank of Pakistan conducted MTBs auction on October 28, 2015 for the sale of 3-month, 6-month and 12-month papers and received bids amounti
Published 29 Oct, 2015 12:00am

Three suspects held

Rangers on late Tuesday night arrested an alleged criminal belonging to a political party among three suspects in different operations. According to sources, the paramilitary forces conducted a search operation in Liquatabad N0-9 in which they arrested tw
Published 29 Oct, 2015 12:00am

Distance Education Programme: SU announces MA examination schedule

Controller of Examinations (Annual) University of Sindh Ghulam Murtaza Siyal has announced the schedule of MA (Previous/Final) Distance Education Programme 2015. The examinations forms will be available at the office of the Director Distance Education Off
Published 29 Oct, 2015 12:00am

PAF chief calls on UK chief of Air Staff

Air Chief Marshal Sohail Aman, Chief of the Air Staff, Pakistan Air Force called on Air Chief Marshal Sir Andrew Pulford, Chief of Air Staff Royal Air Force, United Kingdom at RAF Headquartres, Ministry of Defence, London on Wednesday. Both the dignitarie
Published 29 Oct, 2015 12:00am

Currency
Ayyan Ali case: hearing adjourned till November 3

Customs Court on Wednesday adjourned the hearing of Ayyan Ali's acquittal plea till November 03. Customs Court Judge Rana Aftab Ahmed was hearing the case. Model Ayyan Ali's lawyer Lateef Khosa gave detailed arguments in the court stating that his client
Published 29 Oct, 2015 12:00am

Strategy aimed at improving working of AGPR's office shared with Senate body

The Accountant General of Pakistan Revenue (AGPR) Hafiz Muhammad Tahir admitted that there was corruption in his department and shared strategy to improve AGPR office functions by introducing bills tracking system, training and prompt action against the c
Published 29 Oct, 2015 12:00am

SECP apprises Dar about bourses' integration plan

Chairman, Securities and Exchange Commission of Pakistan (SECP), Zafar Hijazi met Federal Minister for Finance and Revenue, Muhammad Ishaq Dar, and briefed him on the progress made with regard to the integration of the stock exchanges and approval of the
Published 29 Oct, 2015 12:00am

LHC, SHC: President approves appointment, extension cases

President Mamnoon Hussain on Wednesday approved confirmation and extension of 12 additional judges of Lahore High Court and appointment of nine Additional Judges of Sindh High Court. The President gave the approval on the advice of the Prime Minister on t
Published 29 Oct, 2015 12:00am

Amended assessment u/s 122(5A) of IT Ordinance: President rejects FBR's representation against FTO decision

President has rejected a representation filed by the Federal Board of Revenue (FBR) against recommendations issued by the Federal Tax Ombudsman (FTO) on the issue of amended assessment under section 122(5A) of the Income Tax Ordinance and withdrawal of sh
Published 29 Oct, 2015 12:00am

Islamabad delimitation: IHC dismisses PTI's, others' petitions

Islamabad High Court (IHC) on Wednesday dismissed identical petitions filed by Pakistan Tehreek-e-Insaf (PTI) and others against delimitation of union councils of the federal capital for upcoming LB polls. An IHC division bench comprising Justice Noorul H
Published 29 Oct, 2015 12:00am

Pending amounts of taxes: efforts on to expedite recovery process, FBR tells PAC

Chairman Federal Board of Revenue (FBR) Triq Bajwa on Wednesday said that the tax authorities are making efforts to expedite the process for recovery of pending amounts of taxes on accounts of various heads. He stated this at a National Assembly's Public
Published 29 Oct, 2015 12:00am

Saudi Arabia executes Pakistani

Saudi Arabia on Wednesday executed a Pakistani convicted of murdering an Indonesian couple. The interior ministry said Amal Jan Hajji had been found guilty of killing Bambang Sukyato and his wife Suryati Widyastuti. He broke into their home and beat them
Published 29 Oct, 2015 12:00am

Fatness causes 20 percent diseases: WHO

The World Health Organisation (WHO) has declared that 20 percent diseases are caused due to fatness and it is the main cause of various diseases mainly heart disease. The number of Pakistan is on ninth out of 188 countries in the world and in Pakistan 20
Published 29 Oct, 2015 12:00am

Pakistan has some influence over Taliban: Sartaj

Adviser to the Prime Minister on Foreign Affairs Sartaj Aziz has said that Pakistan has some influence on Taliban but no control over them, reported Radio Pakistan. Speaking to a private TV channel, Aziz said it was up to the Afghan government to resume t
Published 29 Oct, 2015 12:00am

Justice Ashraf made judge of FSC

President Mamnoon Hussain on Wednesday approved the appointment of Justice Ashraf Jahan as judge of the Federal Shariat Court A statement from Aiwan-e-Sadr said the President on a summary of Law, Justice and Human Rights Division, approved the Prime Minis
Published 29 Oct, 2015 12:00am

USAID-funded AMI Project: over 39,000 smart meters installed in Mepco, Pesco

More than 39,000 smart meters have been installed successfully under USAID-funded AMI Project which has been implemented in Mepco and Pesco to cater to the small industrial, agricultural (tube wells), and public sector consumers. This project has launched
Published 29 Oct, 2015 12:00am

India, Pakistan must move towards conflict resolution: Basit

Pakistan's High Commissioner to India Abdul Basit on Wednesday said both India and Pakistan must move from conflict management to conflict resolution. He said Prime Minister Muhammad Nawaz Sharif had a vision for peace and development for South Asia and t
Published 29 Oct, 2015 12:00am

Rising incidence of street crimes poses major challenge to police: AIG

The city police chief, AIG Mushtaq Ahmed Mahar said here on Wednesday that police was making all-out efforts to control increasing incidence of street crimes despite having insufficient funds. "Though we have successfully maintained law and order in the c
Published 29 Oct, 2015 12:00am

Breast cancer: public awareness walk held

The King Edward Medical University's (KEMU) Department of Surgery in Lahore set up a walk on Wednesday to raise public awareness about breast cancer. Vice Chancellor Professor Faisal Masud too took part. Professor Khalid Masood Gondal, the department head
Published 29 Oct, 2015 12:00am

Forest Department: NAB orders freezing properties of former DFO

Director General (DG) National Accountability Bureau (NAB) Khyber Pakhtunkhwa has ordered freezing of properties of accused Muqarrab Shah, ex-DFO Forest Department Khyber Pakhtunkhwa for allegedly accumulating assets beyond known sources of income worth m
Published 29 Oct, 2015 12:00am

Tax related matters: Dar reviews implementation of decisions

Minister for Finance Ishaq Dar on Wednesday chaired a meeting of the senior officials of the Ministry of Finance and Federal Board of Revenue on important tax related matters. The meeting reviewed implementation of decisions taken during recent interactio
Published 29 Oct, 2015 12:00am

Tax related matters: Dar reviews implementation of decisions

Minister for Finance Ishaq Dar on Wednesday chaired a meeting of the senior officials of the Ministry of Finance and Federal Board of Revenue on important tax related matters. The meeting reviewed implementation of decisions taken during recent interactio
Published 29 Oct, 2015 12:00am

First quarter services trade deficit narrows down by 76 percent

The country's services trade account continued to perform well as its deficit shrank 76 percent during the first quarter of this fiscal year supported by lower imports. Economists said a massive decline in services trade deficit will reduce pressure on ex
Published 29 Oct, 2015 12:00am

Online taxi giant: Uber aims to launch in Pakistan by end of 2015

Online taxi-hailing service Uber will launch in Pakistan by the end of the year, a spokeswoman said on Tuesday, part of an aggressive push targeting megacities in the Asia Pacific region. Undeterred by the failure of other online taxi-hailing ventures in
Published 29 Oct, 2015 12:00am

Nisar approves setting up of 73 new district passport offices

Minister for Interior Chaudhry Nisar Ali Khan on Wednesday accorded approval for establishment of 73 district passport offices across the country to facilitate people. Approval to this effect was given at a high-level meeting held under the chairmanship o
Published 29 Oct, 2015 12:00am

Lowari tunnel to be completed by end of next year: Prime Minister

Prime Minister Muhammad Nawaz Sharif on Wednesday announced the completion of Lowari Tunnel by the end of next year and said the problems of Chitral would be resolved soon. Addressing the local people affected by the recent earthquake, the Prime Minister
Published 29 Oct, 2015 12:00am

Ali Jan Khan new MD of PEF

Ali Jan Khan on Wednesday has assumed the charge of post of Managing Director (MD), Punjab Education Foundation. Belonging to the 28th Common Training Program of the Pakistan Administrative Service (PAS), he has served on different positions of importance
Published 29 Oct, 2015 12:00am

The Weather

The weather report on Wednesday (October 28, 2015) and the forecast for Thursday (October 29, 2015).

Published 29 Oct, 2015 12:00am

Powerful army with nukes a guarantee for country's survival: VC PU

Punjab University Vice Chancellor Professor Doctor Mujahid Kamran has said "a powerful army with nukes is a guarantee for the country's survival and no enemy is able to meet our eyes with evil intentions". His comment came on Wednesday in a pointed addres
Published 29 Oct, 2015 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (October 28, 2015).

Published 29 Oct, 2015 12:00am

Pakistan and Iran discuss regional security

Pakistan and Iran on Wednesday expressed their commitment to promote their political, economic, defence and cultural relations as well as close co-operation for unity and solidarity among Islamic countries. The commitment was expressed during a meeting be
Published 29 Oct, 2015 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (October 28, 2015).

Published 29 Oct, 2015 12:00am

Germany to sell universal auto parts

Robert BOSCH Automotive, a German auto parts manufacturing company, has signed an agreement Koh-i-Noor Trading, a private Pakistani concern, for sale and distribution of universal auto parts in the country. The agreement was signed between the two concern
Published 29 Oct, 2015 12:00am

LME official prices

The following were Tuesday official prices.

Published 29 Oct, 2015 12:00am

KP government launches Insaf Food Security Programme

Khyber Pakhtunkhwa Government has formally launched the Insaf Food Security Programme through the Provincial Agriculture Department. Under the programme, farmers all over the province would be given authenticated seed of wheat free of cost on which the go
Published 29 Oct, 2015 12:00am

LME official prices

The following were Tuesday official prices.

Published 29 Oct, 2015 12:00am

Focal group formed to probe cops' killing cases

Sindh Police on Wednesday decided to form a focal investigation group to probe into police officials' murder cases registered during 2015. It was decided at a meeting presided over by Inspector General of Police (IGP), Sindh, Ghulam Hyder Jamali at the Ce
Published 29 Oct, 2015 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (October 28, 2015).

Published 29 Oct, 2015 12:00am

First 'International Conference on Inclusive Education' on November 3

Department of Special Needs Education in collaboration with Department of Education, University of Management and Technology, Lahore is organising its first International Conference on Inclusive Education, ICIE 2015, on November 3. The theme of the confer
Published 29 Oct, 2015 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (October 28, 2015)

Published 29 Oct, 2015 12:00am

Reduction in FAC welcomed

Various circles have welcomed Rs 2.88 per unit reduction in Fuel Adjustment Charges (FAC) for the month of September and said that it is indicative of the successful and people friendly policies of the government. President Faisalabad Chamber of Commerce
Published 29 Oct, 2015 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Wednesday (October 28, 2015).

Published 29 Oct, 2015 12:00am

LB polls in Punjab: opposition demands army deployment

All opposition parties including Pakistan Tehreek-e- Insaf (PTI) and PPP on Wednesday demanded of the Election Commission of Pakistan to deploy army personnel at polling stations in the upcoming Local Government elections to prevent possible rigging and d
Published 29 Oct, 2015 12:00am

Cotton
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (October 28, 2015).

Published 29 Oct, 2015 12:00am

Levies' man martyred in militant attack

One levies officer was killed when some unidentified militants attacked at a security check post in Ghaiba Khore, area of Tehsil Haleemzai in Mohmand Agency on late Tuesday night. According to details, some unidentified militants launched an attack on a s
Published 29 Oct, 2015 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (October 28, 2015).

Published 29 Oct, 2015 12:00am

Court indicts 20 Christians over lynching

A court on Wednesday indicted 20 Christians over the lynching of two Muslim men following suicide bombings on a pair of Lahore churches in March, a lawyer said. Seventeen people died as a result of the suicide bombings in the Youhanabad district, with mor
Published 29 Oct, 2015 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (October 28, 2015).

Published 29 Oct, 2015 12:00am

Third ballot of Apna Rozgar Scheme held

The third reserve balloting for the APNA ROZGAR Scheme took place on October 28 during a function at the Shahra-e-Quaid-e-Azam in Lahore. Provincial Finance Minister Ayesha Ghaus chaired the function. The scheme will provide 50,000 vehicles (25,000 Suzuki
Published 29 Oct, 2015 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Wednesday (October 28, 2015).

Published 29 Oct, 2015 12:00am

CJ LHC administers oath to four additional judges

Lahore High Court Chief Justice Manzoor Ahmad Malik administered oath to four additional judges on their confirmation in a simple ceremony on Wednesday. They included Justices Arshad Mahmood Tabassum, Muhammad Tariq Abbasi, Chaudhry Muhammad Masood Jahang
Published 29 Oct, 2015 12:00am

Kerb
Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Wednesday (October 28, 2015).

Published 29 Oct, 2015 12:00am

CAA launches drive on 'bird aircraft strike hazard' at major airports

The Pakistan Civil Aviation Authority (CAA) has launched a nation-wide campaign on "bird aircraft strike hazard" at the major airports, including the Benazir Bhutto, Allama Iqbal and Jinnah international airports. The key objective of the campaign on Wedn
Published 29 Oct, 2015 12:00am

Currency
THE RUPEE: upward march persists

A rising trend persisted on the money market on Wednesday as the rupee extended overnight slide against the dollar owing to forward buying of the greenback, dealers said. The feature of the day was dollar's further rise versus the rupee during the day and
Published 29 Oct, 2015 12:00am

Experts raise eyebrows: NTDC has failed to update merit order since August

The National Transmission and Despatch Company (NTDC) has failed to update a merit order, a list of power plants based on the cost of production since August 2015, which has raised eyebrows of many power sector experts in the country, claim experts.
Published 29 Oct, 2015 12:00am

Currency
THE RUPEE: upward march persists

A rising trend persisted on the money market on Wednesday as the rupee extended overnight slide against the dollar owing to forward buying of the greenback, dealers said. The feature of the day was dollar's further rise versus the rupee during the day and
Published 29 Oct, 2015 12:00am

LCCI members visit Chinese consulate

A delegation of Lahore Chamber of Commerce and Industry (LCCI) led by its President Sheikh Muhammad Arshad on Wednesday visited the Chinese Consulate in Lahore and had a detailed discussion with the Chinese Consul General Yu Boren regarding two-way trade,
Published 29 Oct, 2015 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (October 28, 2015).

Published 29 Oct, 2015 12:00am

Ulema demand immediate end of Riba

Eminent religious scholar and chief of the Jamiat e Ittehadul Ulema (JIU), Maulana Abdul Ma'lik, has announced that the Ulema from all schools of thought would start a vigorous movement against usury/ interest system with the support of the general public
Published 29 Oct, 2015 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (October 28, 2015).

Published 29 Oct, 2015 12:00am

Two held in Khanewal for selling pork

As many as two persons said to be involved in selling pork to different hotels were arrested here in Khanewal on Wednesday. According to details, the wildlife department carried out a raid at Pirowal Jungle in Khanewal and arrested two persons named Sonu
Published 29 Oct, 2015 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (October 28, 2015).

Published 29 Oct, 2015 12:00am

PIAC signed employment contract without advertisement: Parliamentary panel told

A parliamentary panel was informed on Wednesday that Pakistan International Airlines Corporation (PIAC) management signed an employment contract with a cook for an annual payment of Rs 4.430 million without advertisement. The sub-committee of Public Accou
Published 29 Oct, 2015 12:00am

Cross Transactions between Client to Client & Financial Institutions

The following were the cross transactions between client to client & financial institutions here on Wednesday (October 28, 2015).

Published 29 Oct, 2015 12:00am

Previous Day

Forex
World
Commodity

Currency Rate

USD PKR Interbank Selling / Dec 20

278.48

USD PKR Interbank Buying / Dec 20

278.28

USD to Japanese Yen / Dec 20

156.77

USD to Swiss Franc / Dec 20

0.90

Pound Sterling to USD / Dec 20

1.25

Euro to USD / Dec 20

1.04

Stock Volume

S&P 500 / Dec 19

5,881.33

Nasdaq / Dec 19

19,394.44

Dow Jones / Dec 19

42,466.83

India Sensex / Dec 20

78,453.17

Tokyo Nikkei / Dec 20

38,701.90

Hang Seng / Dec 20

19,758.91

FTSE 100 / Dec 20

8,045

Germany DAX 30 / Dec 20

19,759.90

Item Value

Gold 10 Grams PKR / Dec 19

234,311

Petrol/Litre / Dec 20

252.10

Crude Oil USD/Barrel / Dec 20

68.96

Karachi Cotton PKR/37.32 KG / Dec 20

17,585

Gold Spot USD/Ounce / Dec 20

2,606.98

Diesel/Litre / Dec 20

255.38

Gainers
Losers
Leaders

Stock Price

Media Times Ltd / Dec 20

Media Times Limited(MDTL)

2.37

▲ 0.37 (18.50%)

Pace (Pak) Ltd. / Dec 20

Pace (Pakistan) Limited(PACE)

7.23

▲ 1.00 (16.05%)

Ist.Capital Sec / Dec 20

First Capital Securities Corporation(FCSC)

2.12

▲ 0.26 (13.98%)

Khalid Siraj / Dec 20

Khalid Siraj Textile Mills Limited(KSTM)

9.60

▲ 0.97 (11.24%)

Aruj Industries / Dec 20

Aruj Industries Limited(ARUJ)

9.90

▲ 0.98 (10.99%)

Escorts Bank / Dec 20

Escorts Investment Bank Limited(ESBL)

4.79

▲ 0.47 (10.88%)

Cresent Jute / Dec 20

Crescent Jute Products Limited(CJPL)

4.20

▲ 0.40 (10.53%)

S.G.Power / Dec 20

S.G. Power Limited(SGPL)

11.19

▲ 1.02 (10.03%)

P.T.C.L. / Dec 20

Pakistan Telecommunication Company Ltd(PTC)

25.80

▲ 2.35 (10.02%)

Stock Price

LSE Financial Serv. / Dec 20

LSE Financial Services Limited(LSEFSL)

16.25

▼ -1.81 (-10.02%)

Dar-es-Salaam / Dec 20

Dar-es-Salaam Textile Mills Limited(DSML)

41.93

▼ -4.66 (-10.00%)

Maqbool Tex. / Dec 20

Maqbool Textile Mills Limited(MQTM)

31.05

▼ -3.45 (-10.00%)

Reliance Cotton / Dec 20

Reliance Cotton Spinning Mills Limited(RCML)

621

▼ -69.00 (-10.00%)

Sanghar Sugar / Dec 20

Sanghar Sugar Mills Limited(SANSM)

27.72

▼ -3.08 (-10.00%)

Olympia Mills / Dec 20

Olympia Mills Limited(OML)

34.58

▼ -3.84 (-9.99%)

Nagina Cot. / Dec 20

Nagina Cotton Mills Limited(NAGC)

48.92

▼ -5.41 (-9.96%)

Oilboy Energy / Dec 20

Oilboy Energy Limited(OBOY)

11.39

▼ -1.26 (-9.96%)

Arpak Int. / Dec 20

Arpak International Investments Ltd.(ARPAK)

65.22

▼ -7.19 (-9.93%)

Stock Volume

WorldCall Telecom / Dec 20

Worldcall Telecom Limited(WTL)

177,645,248

▲ 0.10

K-Electric Ltd. / Dec 20

K-Electric Limited(KEL)

81,901,542

▲ 0.16

Cnergyico PK / Dec 20

Cnergyico PK Limited(CNERGY)

68,345,098

▲ 0.12

Pak Elektron / Dec 20

Pak Elektron Limited(PAEL)

57,974,101

▲ 1.47

Pak Refinery / Dec 20

Pakistan Refinery Limited(PRL)

45,251,944

▲ 0.40

Pace (Pak) Ltd. / Dec 20

Pace (Pakistan) Limited(PACE)

43,240,462

▲ 1.00

Sui South Gas / Dec 20

Sui Southern Gas Company Limited(SSGC)

40,539,001

▼ -0.74

B.O.Punjab / Dec 20

The Bank of Punjab(BOP)

35,598,669

▲ 0.24

Symmetry Group / Dec 20

Symmetry Group Limited(SYM)

34,869,613

▼ -0.72

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