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Print - 2015-11-12
LME official prices

LME official prices

The following were Tuesday official prices.

Published 12 Nov, 2015 12:00am
Tajik President arrives

Tajik President arrives

President of Tajikistan Emomali Rahmon arrived here Wednesday on a two-day official visit for discussion on issues of mutual interests including co-operation in economic, energy, infrastructure development for rail and road links with Pakistani leadership
Published 12 Nov, 2015 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 12 Nov, 2015 12:00am
Prospective Rs 40 billion taxes; PPP submits adjournment motion in NA

Prospective Rs 40 billion taxes; PPP submits adjournment motion in NA

Pakistan Peoples' Party (PPP) Wednesday submitted an adjournment motion in the National Assembly against the prospective imposition of additional taxes worth Rs 40 billion as per the directions of International Monetary Fund (IMF). The adjournment motion
Published 12 Nov, 2015 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (November 11, 2015).

Published 12 Nov, 2015 12:00am
Prospective Rs 40 billion taxes; PPP submits adjournment motion in NA

Prospective Rs 40 billion taxes; PPP submits adjournment motion in NA

Pakistan Peoples' Party (PPP) Wednesday submitted an adjournment motion in the National Assembly against the prospective imposition of additional taxes worth Rs 40 billion as per the directions of International Monetary Fund (IMF). The adjournment motion
Published 12 Nov, 2015 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (November 11, 2015)

Published 12 Nov, 2015 12:00am
Kissan Package: release of funds termed violation of code of conduct

Kissan Package: release of funds termed violation of code of conduct

Chief Election Commissioner Sardar Raza Khan Wednesday reportedly said that the release of funds under Prime Minister''s Rs 341 billion Kissan Relief Package after the announcement of schedule for local government elections is a violation of code of condu
Published 12 Nov, 2015 12:00am
Kissan Package: release of funds termed violation of code of conduct

Kissan Package: release of funds termed violation of code of conduct

Chief Election Commissioner Sardar Raza Khan Wednesday reportedly said that the release of funds under Prime Minister's Rs 341 billion Kissan Relief Package after the announcement of schedule for local government elections is a violation of code of conduc
Published 12 Nov, 2015 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (November 11, 2015).

Published 12 Nov, 2015 12:00am
Kissan Package: release of funds termed violation of code of conduct

Kissan Package: release of funds termed violation of code of conduct

Chief Election Commissioner Sardar Raza Khan Wednesday reportedly said that the release of funds under Prime Minister's Rs 341 billion Kissan Relief Package after the announcement of schedule for local government elections is a violation of code of conduc
Published 12 Nov, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (November 11, 2015).

Published 12 Nov, 2015 12:00am
Cotton production target scaled down third time
Cotton

Cotton production target scaled down third time

Pakistan will miss the cotton target set for the current season (2015-16). The Cotton Crop Assessment Committee (CCAC) on Wednesday downward revised the estimated cotton target third time to 11.4 million bales against the initial estimate of 15.49 million
Published 12 Nov, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (November 11, 2015).

Published 12 Nov, 2015 12:00am
Cotton production target scaled down third time
Cotton

Cotton production target scaled down third time

Pakistan will miss the cotton target set for the current season (2015-16). The Cotton Crop Assessment Committee (CCAC) on Wednesday downward revised the estimated cotton target third time to 11.4 million bales against the initial estimate of 15.49 million
Published 12 Nov, 2015 12:00am
Cotton production target scaled down third time
Cotton

Cotton production target scaled down third time

Pakistan will miss the cotton target set for the current season (2015-16). The Cotton Crop Assessment Committee (CCAC) on Wednesday downward revised the estimated cotton target third time to 11.4 million bales against the initial estimate of 15.49 million
Published 12 Nov, 2015 12:00am
No ''long-term'' LNG deal signed: official

No ''long-term'' LNG deal signed: official

Pakistan has not struck any deal with Qatar to import Liquefied Natural Gas (LNG) on long-term basis as yet. "No long-term LNG deal has been signed with Qatar as yet and there was no truth in those rumours and reports following minister''s visit abroad,"
Published 12 Nov, 2015 12:00am
THE RUPEE: recovering some lost ground
Currency

THE RUPEE: recovering some lost ground

The rupee gave up its overnight weakness against the dollar on Wednesday in the process of trading, dealers said. The rupee gained seven-paisa against the dollar for buying and selling at Rs 105.46 and 105.48 respectively, they said.
Published 12 Nov, 2015 12:00am
No 'long-term' LNG deal signed: official

No 'long-term' LNG deal signed: official

Pakistan has not struck any deal with Qatar to import Liquefied Natural Gas (LNG) on long-term basis as yet. "No long-term LNG deal has been signed with Qatar as yet and there was no truth in those rumours and reports following minister's visit abroad," r
Published 12 Nov, 2015 12:00am
THE RUPEE: recovering some lost ground
Currency

THE RUPEE: recovering some lost ground

The rupee gave up its overnight weakness against the dollar on Wednesday in the process of trading, dealers said. The rupee gained seven-paisa against the dollar for buying and selling at Rs 105.46 and 105.48 respectively, they said.
Published 12 Nov, 2015 12:00am
No 'long-term' LNG deal signed: official

No 'long-term' LNG deal signed: official

Pakistan has not struck any deal with Qatar to import Liquefied Natural Gas (LNG) on long-term basis as yet. "No long-term LNG deal has been signed with Qatar as yet and there was no truth in those rumours and reports following minister's visit abroad," r
Published 12 Nov, 2015 12:00am
LSE index declines 4.04 points

LSE index declines 4.04 points

Shares swung to and fro but then slipped at the Lahore Stock Exchange amid an ascending transaction volume on Wednesday. The LSE-25 index declined by 4.04 points and closed at 5536.32 points against 5539.36 points of Tuesday, while the transaction volume
Published 12 Nov, 2015 12:00am
LSE index declines 4.04 points

LSE index declines 4.04 points

Shares swung to and fro but then slipped at the Lahore Stock Exchange amid an ascending transaction volume on Wednesday. The LSE-25 index declined by 4.04 points and closed at 5536.32 points against 5539.36 points of Tuesday, while the transaction volume
Published 12 Nov, 2015 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (November 11, 2015).

Published 12 Nov, 2015 12:00am
ISE index down 1.64 points

ISE index down 1.64 points

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) on Wednesday where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 1.64 points as the ISE Ten Index moved from 2,988.41
Published 12 Nov, 2015 12:00am
ISE index down 1.64 points

ISE index down 1.64 points

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) on Wednesday where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 1.64 points as the ISE Ten Index moved from 2,988.41
Published 12 Nov, 2015 12:00am
Sino-Pak banking service protocol becomes effective

Sino-Pak banking service protocol becomes effective

Improvements in collaboration between the banking industries of China and Pakistan became effective on Wednesday following ratification, the Ministry of Commerce (MoC) said. The banking service protocol of the service trade agreement for the Free Trade Ar
Published 12 Nov, 2015 12:00am
Sino-Pak banking service protocol becomes effective

Sino-Pak banking service protocol becomes effective

Improvements in collaboration between the banking industries of China and Pakistan became effective on Wednesday following ratification, the Ministry of Commerce (MoC) said. The banking service protocol of the service trade agreement for the Free Trade Ar
Published 12 Nov, 2015 12:00am
Sino-Pak banking service protocol becomes effective

Sino-Pak banking service protocol becomes effective

Improvements in collaboration between the banking industries of China and Pakistan became effective on Wednesday following ratification, the Ministry of Commerce (MoC) said. The banking service protocol of the service trade agreement for the Free Trade Ar
Published 12 Nov, 2015 12:00am
CM has no powers for parleys: Brahamdagh

CM has no powers for parleys: Brahamdagh

Exiled chief of Baloch Republican Party Brahamdagh Bugti has expressed his readiness for peace talks in Balochistan but said that the Chief Minister Dr Abdul Malik Baloch has no powers for negotiation. In an interview with BBC's Urdu Service, he said that
Published 12 Nov, 2015 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 12 Nov, 2015 12:00am
CM has no powers for parleys: Brahamdagh

CM has no powers for parleys: Brahamdagh

Exiled chief of Baloch Republican Party Brahamdagh Bugti has expressed his readiness for peace talks in Balochistan but said that the Chief Minister Dr Abdul Malik Baloch has no powers for negotiation. In an interview with BBC's Urdu Service, he said that
Published 12 Nov, 2015 12:00am
Economic zone: government hands Gwadar land over to China

Economic zone: government hands Gwadar land over to China

Pakistan handed hundreds of hectares of land over to China Wednesday for development of a special economic zone in the port of Gwadar, part of a $46 billion project giving Beijing greater access to the Middle East, Africa and Europe. The government of Bal
Published 12 Nov, 2015 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 12 Nov, 2015 12:00am
Economic zone: government hands Gwadar land over to China

Economic zone: government hands Gwadar land over to China

Pakistan handed hundreds of hectares of land over to China Wednesday for development of a special economic zone in the port of Gwadar, part of a $46 billion project giving Beijing greater access to the Middle East, Africa and Europe. The government of Bal
Published 12 Nov, 2015 12:00am
Economic zone: government hands Gwadar land over to China

Economic zone: government hands Gwadar land over to China

Pakistan handed hundreds of hectares of land over to China Wednesday for development of a special economic zone in the port of Gwadar, part of a $46 billion project giving Beijing greater access to the Middle East, Africa and Europe. The government of Bal
Published 12 Nov, 2015 12:00am
October exports fall by 11.38 percent YoY

October exports fall by 11.38 percent YoY

Pakistan''s exports declined by 11.38 percent in October 2015 over the same month last fiscal year, according to Pakistan Bureau of Statistics (PBS). Provisional trade figures released by the PBS Wednesday show that the country''s total exports have been
Published 12 Nov, 2015 12:00am
October exports fall by 11.38 percent YoY

October exports fall by 11.38 percent YoY

Pakistan's exports declined by 11.38 percent in October 2015 over the same month last fiscal year, according to Pakistan Bureau of Statistics (PBS). Provisional trade figures released by the PBS Wednesday show that the country's total exports have been re
Published 12 Nov, 2015 12:00am
October exports fall by 11.38 percent YoY

October exports fall by 11.38 percent YoY

Pakistan's exports declined by 11.38 percent in October 2015 over the same month last fiscal year, according to Pakistan Bureau of Statistics (PBS). Provisional trade figures released by the PBS Wednesday show that the country's total exports have been re
Published 12 Nov, 2015 12:00am
BRIndex30 falls 37.96 points

BRIndex30 falls 37.96 points

On Wednesday, BRIndex30 remained negative throughout the market time. It remained close to the borderline except during first hour when it displayed a deep plunge. It closed at 20,248.89 points with net change of -37.96 points. Total turnover was 72,861,5
Published 12 Nov, 2015 12:00am
BRIndex30 falls 37.96 points

BRIndex30 falls 37.96 points

On Wednesday, BRIndex30 remained negative throughout the market time. It remained close to the borderline except during first hour when it displayed a deep plunge. It closed at 20,248.89 points with net change of -37.96 points. Total turnover was 72,861,5
Published 12 Nov, 2015 12:00am
Equities sluggish
Mutual Funds

Equities sluggish

The Karachi share market witnessed a dull session Wednesday and the benchmark KSE-100 index lost 24 points to close at 33,934 points down from 33,958 points. Ahsan Mehanti of Arif Habib Corp said that stocks closed lower amid thin trade on pressure in glo
Published 12 Nov, 2015 12:00am
Equities sluggish
Mutual Funds

Equities sluggish

The Karachi share market witnessed a dull session Wednesday and the benchmark KSE-100 index lost 24 points to close at 33,934 points down from 33,958 points. Ahsan Mehanti of Arif Habib Corp said that stocks closed lower amid thin trade on pressure in glo
Published 12 Nov, 2015 12:00am
Equities sluggish
Mutual Funds

Equities sluggish

The Karachi share market witnessed a dull session Wednesday and the benchmark KSE-100 index lost 24 points to close at 33,934 points down from 33,958 points. Ahsan Mehanti of Arif Habib Corp said that stocks closed lower amid thin trade on pressure in glo
Published 12 Nov, 2015 12:00am
Some bank capital exemptions: ECB shortens transition time

Some bank capital exemptions: ECB shortens transition time

The European Central Bank proposed several amendments to its banking regulations on Wednesday that could force some lenders to build capital more quickly than expected. The ECB said it wants to phase in new definitions of capital by 2018, rather than 2022
Published 12 Nov, 2015 12:00am
Some bank capital exemptions: ECB shortens transition time

Some bank capital exemptions: ECB shortens transition time

The European Central Bank proposed several amendments to its banking regulations on Wednesday that could force some lenders to build capital more quickly than expected. The ECB said it wants to phase in new definitions of capital by 2018, rather than 2022
Published 12 Nov, 2015 12:00am
Some bank capital exemptions: ECB shortens transition time

Some bank capital exemptions: ECB shortens transition time

The European Central Bank proposed several amendments to its banking regulations on Wednesday that could force some lenders to build capital more quickly than expected. The ECB said it wants to phase in new definitions of capital by 2018, rather than 2022
Published 12 Nov, 2015 12:00am
Moody''''s changes banking system outlook to stable

Moody''''s changes banking system outlook to stable

Moody''''s Investors Service has Wednesday changed the outlook for the Pakistan banking system to stable from negative, reflecting the improvement in the country''''s economic growth prospects, driven in turn by the government''''s commitment to economic
Published 12 Nov, 2015 12:00am
Moody''s changes banking system outlook to stable

Moody''s changes banking system outlook to stable

Moody''s Investors Service has Wednesday changed the outlook for the Pakistan banking system to stable from negative, reflecting the improvement in the country''s economic growth prospects, driven in turn by the government''s commitment to economic reform
Published 12 Nov, 2015 12:00am
Moody's changes banking system outlook to stable

Moody's changes banking system outlook to stable

Moody's Investors Service has Wednesday changed the outlook for the Pakistan banking system to stable from negative, reflecting the improvement in the country's economic growth prospects, driven in turn by the government's commitment to economic reforms u
Published 12 Nov, 2015 12:00am
Moody's changes banking system outlook to stable

Moody's changes banking system outlook to stable

Moody's Investors Service has Wednesday changed the outlook for the Pakistan banking system to stable from negative, reflecting the improvement in the country's economic growth prospects, driven in turn by the government's commitment to economic reforms u
Published 12 Nov, 2015 12:00am
Growth to accelerate to 4.5 percent: World Bank

Growth to accelerate to 4.5 percent: World Bank

External risks have increased - and despite recent reforms Pakistan has limited buffers to absorb major shocks, says the World Bank (WB). The WB report "Pakistan Development Update", launched here on Wednesday has projected that Pakistan''''s Gross Domest
Published 12 Nov, 2015 12:00am
Growth to accelerate to 4.5 percent: World Bank

Growth to accelerate to 4.5 percent: World Bank

External risks have increased - and despite recent reforms Pakistan has limited buffers to absorb major shocks, says the World Bank (WB). The WB report "Pakistan Development Update", launched here on Wednesday has projected that Pakistan''s Gross Domestic
Published 12 Nov, 2015 12:00am
Growth to accelerate to 4.5 percent: World Bank

Growth to accelerate to 4.5 percent: World Bank

External risks have increased - and despite recent reforms Pakistan has limited buffers to absorb major shocks, says the World Bank (WB). The WB report "Pakistan Development Update", launched here on Wednesday has projected that Pakistan's Gross Domestic
Published 12 Nov, 2015 12:00am
Growth to accelerate to 4.5 percent: World Bank

Growth to accelerate to 4.5 percent: World Bank

External risks have increased - and despite recent reforms Pakistan has limited buffers to absorb major shocks, says the World Bank (WB). The WB report "Pakistan Development Update", launched here on Wednesday has projected that Pakistan's Gross Domestic
Published 12 Nov, 2015 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Wednesday (November 11, 2015).

Published 12 Nov, 2015 12:00am
Lawmakers slam government over slow progress on NAP

Lawmakers slam government over slow progress on NAP

Members of the National Assembly Wednesday urged the federal government to improve governance and ensure implementation of National Action Plan to counter terrorism and extremism. Pakistan Tehreek-e-Insaf (PTI) leader Shafqat Mahmood said the ISPR stateme
Published 12 Nov, 2015 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Wednesday (November 11, 2015).

Published 12 Nov, 2015 12:00am
Lawmakers slam government over slow progress on NAP

Lawmakers slam government over slow progress on NAP

Members of the National Assembly Wednesday urged the federal government to improve governance and ensure implementation of National Action Plan to counter terrorism and extremism. Pakistan Tehreek-e-Insaf (PTI) leader Shafqat Mahmood said the ISPR stateme
Published 12 Nov, 2015 12:00am