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Print - 2015-12-10
Time names Merkel as its 'person of 2015'

Time names Merkel as its 'person of 2015'

Time magazine Wednesday named German Chancellor Angela Merkel as its "Person of the Year 2015," hailing her leadership for navigating debt and refugee crises that threatened to tear the European Union apart. "For asking more of her country than most polit
Published 10 Dec, 2015 12:00am
Electricity surcharges: SC grants leave to appeal against LHC decision

Electricity surcharges: SC grants leave to appeal against LHC decision

The Supreme Court on Wednesday granted leave to appeal to examine constitutionality of all kind of surcharges being collected from consumers in electricity bills which the Lahore High Court Lahore (LHC) had declared unconstitutional. A three-member bench
Published 10 Dec, 2015 12:00am
THE RUPEE: rates move up
Currency

THE RUPEE: rates move up

An upward trend persisted on the money market on Wednesday as the rupee maintained surge with gradual pace versus the dollar, dealers said. The rupee picked up three paisa against the dollar for buying at Rs 103.82 and it also gained 10 paisa for selling
Published 10 Dec, 2015 12:00am
Electricity surcharges: SC grants leave to appeal against LHC decision

Electricity surcharges: SC grants leave to appeal against LHC decision

The Supreme Court on Wednesday granted leave to appeal to examine constitutionality of all kind of surcharges being collected from consumers in electricity bills which the Lahore High Court Lahore (LHC) had declared unconstitutional. A three-member bench
Published 10 Dec, 2015 12:00am
THE RUPEE: rates move up
Currency

THE RUPEE: rates move up

An upward trend persisted on the money market on Wednesday as the rupee maintained surge with gradual pace versus the dollar, dealers said. The rupee picked up three paisa against the dollar for buying at Rs 103.82 and it also gained 10 paisa for selling
Published 10 Dec, 2015 12:00am
Electricity surcharges: SC grants leave to appeal against LHC decision

Electricity surcharges: SC grants leave to appeal against LHC decision

The Supreme Court on Wednesday granted leave to appeal to examine constitutionality of all kind of surcharges being collected from consumers in electricity bills which the Lahore High Court Lahore (LHC) had declared unconstitutional. A three-member bench
Published 10 Dec, 2015 12:00am
Saudi king opens summit calling for Syria, Yemen solutions

Saudi king opens summit calling for Syria, Yemen solutions

Saudi King Salman called for political solutions to the wars in Syria and Yemen, while condemning "terrorism," at the opening of an annual Gulf summit in Riyadh. Kings and emirs from the six Gulf Cooperation Council (GCC) states began two days of talks in
Published 10 Dec, 2015 12:00am
Saudi king opens summit calling for Syria, Yemen solutions

Saudi king opens summit calling for Syria, Yemen solutions

Saudi King Salman called for political solutions to the wars in Syria and Yemen, while condemning "terrorism," at the opening of an annual Gulf summit in Riyadh. Kings and emirs from the six Gulf Cooperation Council (GCC) states began two days of talks in
Published 10 Dec, 2015 12:00am
Scotland shuns Trump after remarks

Scotland shuns Trump after remarks

The Scottish government sacked US presidential hopeful Donald Trump as a business ambassador and a university revoked his honorary degree on Wednesday after he called for a ban on Muslims entering the United States. A petition to bar the Republican frontr
Published 10 Dec, 2015 12:00am
Scotland shuns Trump after remarks

Scotland shuns Trump after remarks

The Scottish government sacked US presidential hopeful Donald Trump as a business ambassador and a university revoked his honorary degree on Wednesday after he called for a ban on Muslims entering the United States. A petition to bar the Republican frontr
Published 10 Dec, 2015 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (December 09, 2015).

Published 10 Dec, 2015 12:00am
Scotland shuns Trump after remarks

Scotland shuns Trump after remarks

The Scottish government sacked US presidential hopeful Donald Trump as a business ambassador and a university revoked his honorary degree on Wednesday after he called for a ban on Muslims entering the United States. A petition to bar the Republican frontr
Published 10 Dec, 2015 12:00am
Gulf retailer pulls Trump products off shelves

Gulf retailer pulls Trump products off shelves

A leading Gulf retailer has stopped selling products from the brand owned by US presidential hopeful Donald Trump after his controversial call to bar Muslims from entering the United States. But Trump''s prestigious golf club being developed in Dubai appe
Published 10 Dec, 2015 12:00am
Gulf retailer pulls Trump products off shelves

Gulf retailer pulls Trump products off shelves

A leading Gulf retailer has stopped selling products from the brand owned by US presidential hopeful Donald Trump after his controversial call to bar Muslims from entering the United States. But Trump's prestigious golf club being developed in Dubai appea
Published 10 Dec, 2015 12:00am
Gulf retailer pulls Trump products off shelves

Gulf retailer pulls Trump products off shelves

A leading Gulf retailer has stopped selling products from the brand owned by US presidential hopeful Donald Trump after his controversial call to bar Muslims from entering the United States. But Trump's prestigious golf club being developed in Dubai appea
Published 10 Dec, 2015 12:00am
Peace conference: Imran leaving for India tomorrow

Peace conference: Imran leaving for India tomorrow

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan will leave for India on Friday to attend a peace conference on December 11. A spokesman confirmed on Wednesday that Khan will leave along with a delegation of his party to participate in the peace confere
Published 10 Dec, 2015 12:00am
Peace conference: Imran leaving for India tomorrow

Peace conference: Imran leaving for India tomorrow

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan will leave for India on Friday to attend a peace conference on December 11. A spokesman confirmed on Wednesday that Khan will leave along with a delegation of his party to participate in the peace confere
Published 10 Dec, 2015 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 10 Dec, 2015 12:00am
World-first dengue fever vaccine cleared for use in Mexico

World-first dengue fever vaccine cleared for use in Mexico

The first-ever vaccine against dengue fever, which affects up to 400 million people per year, will be publicly available for the first time after being cleared for use in Mexico, French manufacturer Sanofi said Wednesday. "It's a very important moment in
Published 10 Dec, 2015 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 10 Dec, 2015 12:00am
World-first dengue fever vaccine cleared for use in Mexico

World-first dengue fever vaccine cleared for use in Mexico

The first-ever vaccine against dengue fever, which affects up to 400 million people per year, will be publicly available for the first time after being cleared for use in Mexico, French manufacturer Sanofi said Wednesday. "It's a very important moment in
Published 10 Dec, 2015 12:00am
SC rejects apology by Sindh IG

SC rejects apology by Sindh IG

The Supreme Court on Wednesday turned down an unconditional apology of IG Sindh Ghulam Haider Jamali for failing to implement court's directives in letter and spirit. The Apex Court had issued a contempt notice to Inspector General Police (IGP) Sindh in a
Published 10 Dec, 2015 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 10 Dec, 2015 12:00am
SC rejects apology by Sindh IG

SC rejects apology by Sindh IG

The Supreme Court on Wednesday turned down an unconditional apology of IG Sindh Ghulam Haider Jamali for failing to implement court's directives in letter and spirit. The Apex Court had issued a contempt notice to Inspector General Police (IGP) Sindh in a
Published 10 Dec, 2015 12:00am
Afghan government agrees to resume talks with Taliban

Afghan government agrees to resume talks with Taliban

Pakistan and Afghanistan on Wednesday agreed to resumption of peace reconciliation process with Taliban and also reiterated for devising a common strategy to counter terrorism and violent extremism. This was announced during a joint press conference by Ad
Published 10 Dec, 2015 12:00am
Afghan government agrees to resume talks with Taliban

Afghan government agrees to resume talks with Taliban

Pakistan and Afghanistan on Wednesday agreed to resumption of peace reconciliation process with Taliban and also reiterated for devising a common strategy to counter terrorism and violent extremism. This was announced during a joint press conference by Ad
Published 10 Dec, 2015 12:00am
Quadrilateral meeting on Afghan peace process held

Quadrilateral meeting on Afghan peace process held

A Quadrilateral (2+2) meeting of Afghanistan, Pakistan, China and the United States was held in Islamabad today, on the sidelines of the Fifth Heart of Asia Ministerial Conference. Prime Minister Muhammad Nawaz Sharif, Afghan President Mohammad Ashraf Gha
Published 10 Dec, 2015 12:00am
Quadrilateral meeting on Afghan peace process held

Quadrilateral meeting on Afghan peace process held

A Quadrilateral (2+2) meeting of Afghanistan, Pakistan, China and the United States was held in Islamabad today, on the sidelines of the Fifth Heart of Asia Ministerial Conference. Prime Minister Muhammad Nawaz Sharif, Afghan President Mohammad Ashraf Gha
Published 10 Dec, 2015 12:00am
Peace sine qua non for economic development: Prime Minister

Peace sine qua non for economic development: Prime Minister

Underlining the need of collective efforts to combat the menace of terrorism, Prime Minister Nawaz Sharif said on Wednesday that working towards the achievement of a peaceful neighbourhood is a cardinal principle of Pakistan''s foreign policy. In his open
Published 10 Dec, 2015 12:00am
Peace sine qua non for economic development: Prime Minister

Peace sine qua non for economic development: Prime Minister

Underlining the need of collective efforts to combat the menace of terrorism, Prime Minister Nawaz Sharif said on Wednesday that working towards the achievement of a peaceful neighbourhood is a cardinal principle of Pakistan's foreign policy. In his openi
Published 10 Dec, 2015 12:00am
Peace sine qua non for economic development: Prime Minister

Peace sine qua non for economic development: Prime Minister

Underlining the need of collective efforts to combat the menace of terrorism, Prime Minister Nawaz Sharif said on Wednesday that working towards the achievement of a peaceful neighbourhood is a cardinal principle of Pakistan's foreign policy. In his openi
Published 10 Dec, 2015 12:00am
Sushma for Afghanistan''''s overland access to India''''s markets

Sushma for Afghanistan''''s overland access to India''''s markets

India''''s External affairs Minister Sushma Swaraj underlined India''''s commitment to Afghanistan''''s stability and development in the Fifth Heart of Asia meeting in Islamabad on Wednesday. Speaking at the Heart of Asia summit in Islamabad, she said tha
Published 10 Dec, 2015 12:00am
Sushma for Afghanistan''s overland access to India''s markets

Sushma for Afghanistan''s overland access to India''s markets

India''s External affairs Minister Sushma Swaraj underlined India''s commitment to Afghanistan''s stability and development in the Fifth Heart of Asia meeting in Islamabad on Wednesday. Speaking at the Heart of Asia summit in Islamabad, she said that Indi
Published 10 Dec, 2015 12:00am
Sushma for Afghanistan's overland access to India's markets

Sushma for Afghanistan's overland access to India's markets

India's External affairs Minister Sushma Swaraj underlined India's commitment to Afghanistan's stability and development in the Fifth Heart of Asia meeting in Islamabad on Wednesday. Speaking at the Heart of Asia summit in Islamabad, she said that India's
Published 10 Dec, 2015 12:00am
Sushma for Afghanistan's overland access to India's markets

Sushma for Afghanistan's overland access to India's markets

India's External affairs Minister Sushma Swaraj underlined India's commitment to Afghanistan's stability and development in the Fifth Heart of Asia meeting in Islamabad on Wednesday. Speaking at the Heart of Asia summit in Islamabad, she said that India's
Published 10 Dec, 2015 12:00am
CPEC our largest project with any country: China''s foreign minister

CPEC our largest project with any country: China''s foreign minister

Prime Minister Muhammad Nawaz Sharif met Chinese delegation led by Wang Yi, Foreign Minister, in Islamabad Wednesday. The Chinese Foreign Minister said that China and Pakistan have a shared future and China Pakistan Economic Corridor (CPEC) is the largest
Published 10 Dec, 2015 12:00am
CPEC our largest project with any country: China's foreign minister

CPEC our largest project with any country: China's foreign minister

Prime Minister Muhammad Nawaz Sharif met Chinese delegation led by Wang Yi, Foreign Minister, in Islamabad Wednesday. The Chinese Foreign Minister said that China and Pakistan have a shared future and China Pakistan Economic Corridor (CPEC) is the largest
Published 10 Dec, 2015 12:00am
CPEC our largest project with any country: China's foreign minister

CPEC our largest project with any country: China's foreign minister

Prime Minister Muhammad Nawaz Sharif met Chinese delegation led by Wang Yi, Foreign Minister, in Islamabad Wednesday. The Chinese Foreign Minister said that China and Pakistan have a shared future and China Pakistan Economic Corridor (CPEC) is the largest
Published 10 Dec, 2015 12:00am
BRIndex30 gains 218.52 points

BRIndex30 gains 218.52 points

On Wednesday, BRIndex30 opened at 20,042.42. It touched an intraday high of 20,346.56 and an intraday Low of 20,041.86 and closed at 20,260.94 which was 218.52 points or 1.09 percent higher than previous close. Total volume was 137,195,800, which was 70.2
Published 10 Dec, 2015 12:00am
BRIndex30 gains 218.52 points

BRIndex30 gains 218.52 points

On Wednesday, BRIndex30 opened at 20,042.42. It touched an intraday high of 20,346.56 and an intraday Low of 20,041.86 and closed at 20,260.94 which was 218.52 points or 1.09 percent higher than previous close. Total volume was 137,195,800, which was 70.2
Published 10 Dec, 2015 12:00am
Stocks close bullish

Stocks close bullish

Karachi equities ended positive Wednesday because of what analysts said strong valuations in select stocks. The KSE-100 index increased by 0.70 percent to close at 33,020.26 points compared to Tuesday''s 32,791.71 points. In intraday trade, the benchmark
Published 10 Dec, 2015 12:00am
Stocks close bullish

Stocks close bullish

Karachi equities ended positive Wednesday because of what analysts said strong valuations in select stocks. The KSE-100 index increased by 0.70 percent to close at 33,020.26 points compared to Tuesday's 32,791.71 points. In intraday trade, the benchmark i
Published 10 Dec, 2015 12:00am
Stocks close bullish

Stocks close bullish

Karachi equities ended positive Wednesday because of what analysts said strong valuations in select stocks. The KSE-100 index increased by 0.70 percent to close at 33,020.26 points compared to Tuesday's 32,791.71 points. In intraday trade, the benchmark i
Published 10 Dec, 2015 12:00am
Rebound in oil prices boosts shares; dollar slumps

Rebound in oil prices boosts shares; dollar slumps

Oil prices rose on Wednesday on optimism that demand could improve in Asia and after data showed a drop in US crude oil inventories, helping boost a measure of stock markets world-wide. The outlook for oil demand in Asia was boosted by news of an unexpect
Published 10 Dec, 2015 12:00am
Rebound in oil prices boosts shares; dollar slumps

Rebound in oil prices boosts shares; dollar slumps

Oil prices rose on Wednesday on optimism that demand could improve in Asia and after data showed a drop in US crude oil inventories, helping boost a measure of stock markets world-wide. The outlook for oil demand in Asia was boosted by news of an unexpect
Published 10 Dec, 2015 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Wednesday (December 09, 2015).

Published 10 Dec, 2015 12:00am
Rebound in oil prices boosts shares; dollar slumps

Rebound in oil prices boosts shares; dollar slumps

Oil prices rose on Wednesday on optimism that demand could improve in Asia and after data showed a drop in US crude oil inventories, helping boost a measure of stock markets world-wide. The outlook for oil demand in Asia was boosted by news of an unexpect
Published 10 Dec, 2015 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Wednesday (December 09, 2015).

Published 10 Dec, 2015 12:00am
SBP announces auction for GoP Ijara Sukuk against Karachi airport

SBP announces auction for GoP Ijara Sukuk against Karachi airport

The State Bank of Pakistan (SBP) on Wednesday announced auction of Government of Pakistan (GoP) Ijara Sukuk against Jinnah International Airport Karachi as the underlying Asset. Industry sources said that the federal government is likely to borrow over Rs
Published 10 Dec, 2015 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Wednesday (December 09, 2015).

Published 10 Dec, 2015 12:00am
SBP announces auction for GoP Ijara Sukuk against Karachi airport

SBP announces auction for GoP Ijara Sukuk against Karachi airport

The State Bank of Pakistan (SBP) on Wednesday announced auction of Government of Pakistan (GoP) Ijara Sukuk against Jinnah International Airport Karachi as the underlying Asset. Industry sources said that the federal government is likely to borrow over Rs
Published 10 Dec, 2015 12:00am
SBP announces auction for GoP Ijara Sukuk against Karachi airport

SBP announces auction for GoP Ijara Sukuk against Karachi airport

The State Bank of Pakistan (SBP) on Wednesday announced auction of Government of Pakistan (GoP) Ijara Sukuk against Jinnah International Airport Karachi as the underlying Asset. Industry sources said that the federal government is likely to borrow over Rs
Published 10 Dec, 2015 12:00am
SBP announces auction for GoP Ijara Sukuk against Karachi airport

SBP announces auction for GoP Ijara Sukuk against Karachi airport

The State Bank of Pakistan (SBP) on Wednesday announced auction of Government of Pakistan (GoP) Ijara Sukuk against Jinnah International Airport Karachi as the underlying Asset. Industry sources said that the federal government is likely to borrow over Rs
Published 10 Dec, 2015 12:00am
Government raises Rs 84 billion through MTB auction

Government raises Rs 84 billion through MTB auction

The federal government Wednesday raised Rs 84 billion through the auction for Market Treasury Bills (MTBs). The SBP, on December 9, 2015, conducted the auction for the sale of 3-month, 6-month and 12-month T-bills and received bids amounting to Rs 168.448
Published 10 Dec, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (December 09, 2015).

Published 10 Dec, 2015 12:00am
Government raises Rs 84 billion through MTB auction

Government raises Rs 84 billion through MTB auction

The federal government Wednesday raised Rs 84 billion through the auction for Market Treasury Bills (MTBs). The SBP, on December 9, 2015, conducted the auction for the sale of 3-month, 6-month and 12-month T-bills and received bids amounting to Rs 168.448
Published 10 Dec, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (December 09, 2015).

Published 10 Dec, 2015 12:00am
Government raises Rs 84 billion through MTB auction

Government raises Rs 84 billion through MTB auction

The federal government Wednesday raised Rs 84 billion through the auction for Market Treasury Bills (MTBs). The SBP, on December 9, 2015, conducted the auction for the sale of 3-month, 6-month and 12-month T-bills and received bids amounting to Rs 168.448
Published 10 Dec, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (December 09, 2015).

Published 10 Dec, 2015 12:00am