News Archives for Print - 2016-02-05 - Business Recorder

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Nov 03, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Print - 2016-02-05

Rain, snowfall forecast over weekend

Rain, snowfall forecast over weekend

The Met Office on Wednesday forecasts light to moderate rain and snowfall at the weekend. It said that another westerly wave was likely to produce more rain and snowfall during the middle of next week in the country. It said that isolated rain with snowfa

Published 05 Feb, 2016 12:00am

3400kg of hashish worth Rs 340 million seized

3400kg of hashish worth Rs 340 million seized

Model Customs Collectorate, Preventive on Thursday claimed to have seized 3400 kilograms of contraband hashish worth Rs 340 million from a truck near Moachko check post, Karachi. Talking to media at a press conference held at East Wharf, collector Tariq H

Published 05 Feb, 2016 12:00am

Forex reserves down $226 million

Exchange

Forex reserves down $226 million

The country's total liquid foreign exchange reserves continued to move downward, falling by $226 million during last week. According to State Bank of Pakistan's weekly report issued Thursday, Pakistan's foreign exchange reserves stood at $20.276 billion a

Published 05 Feb, 2016 12:00am

Chairman NAB visits KP regional bureau

Chairman NAB visits KP regional bureau

Qamar Zaman Chaudhry, Chairman National Accountability Bureau (NAB), visited NAB KP Regional Bureau on Thursday to review its performance on the basis of annual inspection conducted by Chairman's Inspection and Monitoring Team at NAB Regional Bureau, Pesh

Published 05 Feb, 2016 12:00am

Clearance of Afghanistan, CA bound perishable items shifted to KBT

Cotton

Clearance of Afghanistan, CA bound perishable items shifted to KBT

Pakistan Customs has shifted the clearance of Afghanistan and Central Asia bound perishable items from Customs Station Torkham to recently operationalised Khyber Border Terminal (KBT), Jamrud, Khyber Agency. This was stated by Deputy Collector Customs Sta

Published 05 Feb, 2016 12:00am

Trade bodies urged to actively participate in budget formulation

Trade bodies urged to actively participate in budget formulation

Trade bodies should actively participate in budget formulation right now to save themselves from the budget related hazards, said Chaudhary Muhammad Nawaz, President Faisalabad Chamber of Commerce Industry (FCCI). He was addressing a meeting of Chairmen &

Published 05 Feb, 2016 12:00am

POL prices: slight cut no true reflection of global trends: APBF

POL prices: slight cut no true reflection of global trends: APBF

The All Pakistan Business Forum (APBF) has urged the government to transfer the whole benefit of reduction of crude oil prices in the international market to the industry, as the light crude has dropped by 52.77 per cent to $26 per barrel from $55 in Janu

Published 05 Feb, 2016 12:00am

Bulk water supply to Murree from River Jhelum approved

Bulk water supply to Murree from River Jhelum approved

Punjab Planning and Development Board has approved bulk water supply to hill station Murree from River Jhelum at the cost of Rs 8.449 billion, here on Thursday to solve water shortage crisis of the country's most attractive tourist spot. The bulk water su

Published 05 Feb, 2016 12:00am

LHC suspends orders declaring PRA formation illegal

LHC suspends orders declaring PRA formation illegal

A division bench of the Lahore High Court (LHC) on Thursday suspended decision against functioning of Punjab Revenue Authority (PRA) after it was informed that Punjab Assembly had approved it. The bench adjourned the further hearing to February 11 in an i

Published 05 Feb, 2016 12:00am

APCMA concerned over rapidly shrinking export market

Exchange

APCMA concerned over rapidly shrinking export market

Economy planners' cavalier attitude towards the rapidly declining export market has irked the All Pakistan Cement Manufacturers Association (APCMA). Latest despatches statistics of cement covering the first seven months of this fiscal year showed that the

Published 05 Feb, 2016 12:00am

IRSA releases 60,000 cusecs of water from Mangla dam

IRSA releases 60,000 cusecs of water from Mangla dam

Indus River System Authority (IRSA) has released 60,000 cusecs of water from Mangla Dam for irrigation and hydel power generation on Thursday after month long closure of the irrigation canals across the country. Punjab irrigation engineers told Busines

Published 05 Feb, 2016 12:00am

Punjab Assembly passes LG Amendment Bill

Punjab Assembly in its 19th session here on Thursday passed 'The Punjab Local Government (First Amendment) Bill 2016'. The assembly further passed 'The Punjab Local Government (Second Amendment) Bill 2016'. Opposition legislators protesting on the passing
Published 05 Feb, 2016 12:00am

Exchange
Public opinion sought: SECP publishes draft 'Access to Inside Information Regulations'

The Securities and Exchange Commission of Pakistan (SECP) has published draft "Access to Inside Information Regulations 2016" in the official Gazette and placed it on its website to seek public opinion. The comments of the stakeholders, received within 14
Published 05 Feb, 2016 12:00am

Pakistan for early resolution of Kashmir dispute: foreign office

As Kashmir Solidarity Day is being observed today, Pakistan called for early solution of the dispute in accordance with the UN Security Council resolutions and aspirations of the people of Kashmir. "India continues to violate the human rights and brutalis
Published 05 Feb, 2016 12:00am

Traders raise major issues in relation to implementation of VTCS

Traders of the federal capital have raised 10 major issues in the implementation of the Voluntary Tax Compliance Scheme (VTCS), seeking clarification on admissibility of real estate business in the scheme, electronic filing, discriminatory treatment to ot
Published 05 Feb, 2016 12:00am

PSM CEO held responsible for suspension of gas supply

Ministry of Industries and Production (MoI&P) on Thursday held Chief Executive Officer (CEO), Pakistan Steel Mills (PSM), Major-General Zaheer Ahmed Khan (retired) responsible for suspension of gas supply which led to closure of the plant.
Published 05 Feb, 2016 12:00am

Exchange
Containing obscene objectionable contents: 200,000 internet links, 84,000 websites blocked, Supreme Court told

Pakistan Telecommunication Authority (PTA) on Thursday informed the Supreme Court that 200,000 Internet links containing obscene materials, 84,000 websites containing objectionable contents were blocked whereas a list of approximately 400,000 obscene webs
Published 05 Feb, 2016 12:00am

KMU, DSP sign MoU

Khyber Medical University (KMU) and Dairy Science Park (DSP) have entered into a collaboration through "Biorisk Management under Livestock Entrepreneurship (BMLE)" and signed an MoU for evaluating the biorisk factors associated with commercial livestock a
Published 05 Feb, 2016 12:00am

CDWP to take up Rs 92.96 billion uplift projects on February 8

The Central Development Working Party (CDWP) will meet on Monday (February 8) to discuss 20 development projects with an estimated cost of Rs 92.96 billion, it is learnt. According to sources, the CDWP would discuss as many as 6 development projects of tr
Published 05 Feb, 2016 12:00am

Provinces expected to carry out budgetary reforms: Dr Vaqar

The provinces have enormous untapped tax potential in agriculture, property and transport but their contribution to the overall revenue streams remains around 7 percent. Dr Vaqar Ahmed, Head of Economic Growth Unit of Sustainable Development Policy Instit
Published 05 Feb, 2016 12:00am

Industrial consumers: reduction in tariff notified

The Ministry of Water and Power has notified Rs 3 per unit reduction in industrial consumers' tariff and instructions were passed onto Distribution Companies including KE on Thursday. In December 2015, the Prime Minister had announced Rs 3 per unit reduct
Published 05 Feb, 2016 12:00am

Exchange
Nacta establishes JID

National Counter Terrorism Authority (NACTA) has decided to establish a Joint Intelligence Directorate (JID) for countering terrorism with increased interaction with Pakistan Customs, Federal Board of Revenue (FBR) for regular exchange of information betw
Published 05 Feb, 2016 12:00am

Exchange
Citrus, mango & peach: PARC to set up 100 'mother blocks' across country

Enhancing fruit productivity and quality, Pakistan Agriculture Research Council (PARC) has decided to set up 100 mother blocks of different fruits including citrus, mango and peach in the various parts of the country. "Out of 100 mother blocks of fruits,
Published 05 Feb, 2016 12:00am

Rs 51.7 billion benefit to PQEPCPL: TI Pakistan urges Nepra chief to take officials to task

Transparency International (TI) Pakistan has urged Nepra Chairman Brigadier Tariq Saddozai (retired) to take action against those officials who reportedly allowed financial benefit of Rs 51.7 billion to Port Qasim Electric Power Company (Private) Limited
Published 05 Feb, 2016 12:00am

Two fake gold dealers held

Two fraudsters were arrested by police on charge of selling fake gold in Shah Faisal Colony area here on Thursday. The police on a tip-off raided a house in Shah Faisal Colony and arrested the two suspected fake gold dealers Zafar and Mansoor. More than 4
Published 05 Feb, 2016 12:00am

'There's no ambiguity regarding Karachi operation'

Karachi Corps Commander Lieutenant General Naveed Mukhtar on Thursday clearly said that there is no ambiguity regarding completion of ongoing targeted operation in the city. Addressing the 744th passing-out parade at Training Centre and School, Lieutenant
Published 05 Feb, 2016 12:00am

Telecom company: tax on royalty stayed by SC

The Supreme Court on Thursday stayed tax on royalty by Chief Commissioner Inland Revenue Islamabad from Mobilink's LinkdotNet Telecom Limited while granting leave to appeal in the matter. LinkdotNet Telecom Limited had entered into an agreement with Globa
Published 05 Feb, 2016 12:00am

Telecom company: tax on royalty stayed by SC

The Supreme Court on Thursday stayed tax on royalty by Chief Commissioner Inland Revenue Islamabad from Mobilink's LinkdotNet Telecom Limited while granting leave to appeal in the matter. LinkdotNet Telecom Limited had entered into an agreement with Globa
Published 05 Feb, 2016 12:00am

Cotton
Cotton futures tumble

Cotton futures fell on Wednesday despite a sharply weaker dollar and strength elsewhere in the commodity complex as investors hesitated to increase long positions ahead of the looming index fund roll, when large funds move positions forward from the front
Published 05 Feb, 2016 12:00am

Exchange
Shanghai copper rallies

Shanghai Futures Exchange copper rallied 2.2 percent to 36,330 yuan ($5,524) a tonne on Thursday as an overnight tumble in the dollar spurred interest in commodities, including oil, that prompted investors shorting the market to close their positions ahea
Published 05 Feb, 2016 12:00am

Exchange
Zinc and lead scale three-month highs, copper rises

Zinc climbed to its highest in more than three months on Thursday on concerns about potential shortages, while a slide in the dollar on worries about the US economy boosted copper and the wider industrial metals market. Metals were buoyant as investors sc
Published 05 Feb, 2016 12:00am

Exchange
Rubber jumps

Benchmark Tokyo rubber futures jumped on Thursday, rebounding from a 3-week low hit in the previous session, after an agreement by Asia's top rubber producers to cut exports for six months from March eased fears over a supply glut and triggered short-cove
Published 05 Feb, 2016 12:00am

Vegetable Oil
Rotterdam vegetable oil prices

Thursday's Rotterdam vegetable oil prices at 1700 GMT.
Published 05 Feb, 2016 12:00am

Vegetable Oil
Rotterdam vegetable oil prices

Thursday's Rotterdam vegetable oil prices at 1700 GMT.
Published 05 Feb, 2016 12:00am

Soya and corn ease from six-week highs

US soyabeans and corn futures fell on Wednesday, pressured by profit-taking after recent six-week highs and outlooks for needed rains in South America. Wheat settled narrowly higher at the Chicago Board of Trade after a more than 1 percent drop in the dol
Published 05 Feb, 2016 12:00am

Vegetable Oil
Palm oil falls

Malaysian palm oil futures ended lower on Thursday and snapped two sessions of gains after hitting a 20-month high earlier in the session, on the back of a stronger ringgit and weaker export demand. The palm oil contract for April delivery on the Bursa Ma
Published 05 Feb, 2016 12:00am

Coffee and sugar up

Coffee futures on ICE firmed on Thursday, buoyed by demand for certified stocks and investor buying, while raw sugar rose in technically driven dealings, and on concerns over supply. Cocoa inched lower on investor selling, but was underpinned by concerns
Published 05 Feb, 2016 12:00am

Gold rallies in New York

Gold hit three-month highs on Wednesday, buoyed by a slower US services sector and sinking dollar, prompting investors to seek shelter in assets perceived as safer as future Fed rate hikes appeared less likely. US services sector activity slowed to a near
Published 05 Feb, 2016 12:00am

Gold little changed in Asia

Gold stayed near a three-month top on Thursday after marking its best day in two weeks, buoyed by expectations that global economic and financial headwinds could make it tough for the US Federal Reserve to raise interest rates in the near term. Uncertaint
Published 05 Feb, 2016 12:00am

Gold hits three-month peak in Europe

Gold extended its rally on Thursday, building on the previous day's gains to strike a three-month high as global economic and financial headwinds present obstacles to a US interest rate rise in the near term. Spot gold rose more than 1 percent at one poin
Published 05 Feb, 2016 12:00am

US MIDDAY: wheat dips

Wheat futures on the Chicago Board of Trade fell more than 1 percent on Thursday on disappointing US export sales data, traders said. Corn and soyabeans also fell, retreating from six-week highs set this week, on improving crop prospects in South America.
Published 05 Feb, 2016 12:00am

Exchange
US MIDDAY: gold stays higher

Gold rose for a second day on Thursday, hitting three-month highs as the dollar continued to ease amid mounting doubts that the US Federal Reserve will raise interest rates this year due to global economic and financial headwinds. Analysts have said dovis
Published 05 Feb, 2016 12:00am

CPEC-related motorway inaugurated

This is apropos 'Key Corridor motorway inaugurated' carried by Business Recorder yesterday. According to it, Prime Minister Nawaz Sharif has inaugurated the Rs 13 billion Gwadar-Turbat-Hoshab Road (M-8) that would link Gwadar Port with Quetta and s
Published 05 Feb, 2016 12:00am

Conflict and resolution in China's Year of the Monkey

After a supposedly docile Year of the Sheep, astrologists expect 12 months of greater uncertainty with the arrival of the Monkey on February 8. Common lore in China predicts the Year of the Monkey 2016 will bring some disharmony, especially at sea. With B
Published 05 Feb, 2016 12:00am

'False flag' operations

Pathankot was a cold-blooded effort by vested and motivated interest to derail the start of the comprehensive "dialogue" between India and Pakistan, and in that they have succeeded, at least temporarily. The moot point is, was it contrived by "state" acto
Published 05 Feb, 2016 12:00am

Unjust fixation of petroleum prices

On February 1, 2016, Pakistanis were expecting a reduction of at least Rs 15 per litre in petrol's price as Arab Light Crude Oil reached a new low in the last 13 years. A source in Ministry of petroleum said on January 30, 2016 that the price of petrol wa
Published 05 Feb, 2016 12:00am

JUI chief on NAP implementation

At his recent news conference JUI-F chief Maulana Fazlur Rehman lashed out at the Punjab government for announcing several measures, in pursuance of the National Action Plan (NAP), against seminaries and members of religious organisations suspected of inv
Published 05 Feb, 2016 12:00am

New dawn in Myanmar

At long last conceding electoral victory to Aung San Suu Kyi the military regime has handed over government to people's elected representatives who were sworn in as members of Myanmar's bicameral parliament. Some 600 members, including about a hundred for
Published 05 Feb, 2016 12:00am

Cotton
Fertiliser produced through CNG: Ministries take divergent positions on proposal

Ministry of Planning, Development and Reforms has opposed the proposal of Ministry of Industries with respect to export of surplus Calcium Ammonium Nitrate (CAN) and Calcium Nitrate (CN) fertiliser produced by using imported LNG, it was learnt. Sources sa
Published 05 Feb, 2016 12:00am

Cotton
Fertiliser produced through CNG: Ministries take divergent positions on proposal

Ministry of Planning, Development and Reforms has opposed the proposal of Ministry of Industries with respect to export of surplus Calcium Ammonium Nitrate (CAN) and Calcium Nitrate (CN) fertiliser produced by using imported LNG, it was learnt. Sources sa
Published 05 Feb, 2016 12:00am

Cotton
Fertiliser produced through CNG: Ministries take divergent positions on proposal

Ministry of Planning, Development and Reforms has opposed the proposal of Ministry of Industries with respect to export of surplus Calcium Ammonium Nitrate (CAN) and Calcium Nitrate (CN) fertiliser produced by using imported LNG, it was learnt. Sources sa
Published 05 Feb, 2016 12:00am

Pakistan offers help to rescue Indian soldiers: ISPR

Director General Military Operations (DGMO) of Pakistan on Thursday called his Indian counterpart and offered help for rescuing Indian soldiers, trapped under avalanche in Siachen. An Inter Services Public Relations (ISPR) news release said, "Pakistan DGM
Published 05 Feb, 2016 12:00am

Pakistan offers help to rescue Indian soldiers: ISPR

Director General Military Operations (DGMO) of Pakistan on Thursday called his Indian counterpart and offered help for rescuing Indian soldiers, trapped under avalanche in Siachen. An Inter Services Public Relations (ISPR) news release said, "Pakistan DGM
Published 05 Feb, 2016 12:00am

Government notifies persons to lodge complaints against PIAC employees

The government on Thursday notified four persons for lodging complaint against the employees of Pakistan International Airlines Corporation, accused of committing offences, under the Pakistan Essential Services Act. Those authorised to lodge complaints ar
Published 05 Feb, 2016 12:00am

Government notifies persons to lodge complaints against PIAC employees

The government on Thursday notified four persons for lodging complaint against the employees of Pakistan International Airlines Corporation, accused of committing offences, under the Pakistan Essential Services Act. Those authorised to lodge complaints ar
Published 05 Feb, 2016 12:00am

Government notifies persons to lodge complaints against PIAC employees

The government on Thursday notified four persons for lodging complaint against the employees of Pakistan International Airlines Corporation, accused of committing offences, under the Pakistan Essential Services Act. Those authorised to lodge complaints ar
Published 05 Feb, 2016 12:00am

Saudi Arabia says Iranian pilgrims welcome despite rift

Iranian pilgrims are still welcome to visit holiest sites in Saudi Arabia despite increased tensions between the two countries, Riyadh's foreign minister said on Thursday. "Any Muslim is welcome in Makkah and Medina... and this includes the Iranian pilgri
Published 05 Feb, 2016 12:00am

Saudi Arabia says Iranian pilgrims welcome despite rift

Iranian pilgrims are still welcome to visit holiest sites in Saudi Arabia despite increased tensions between the two countries, Riyadh's foreign minister said on Thursday. "Any Muslim is welcome in Makkah and Medina... and this includes the Iranian pilgri
Published 05 Feb, 2016 12:00am

Pak-Afghan DGMOs discuss security along border

Director General Military Operations (DGMO) of Afghanistan along with delegation on Thursday visited General Headquarters and met DGMO Pakistan, media release of Inter Services Public Relations (ISPR) said. Afghan delegation's visit was sequel to Chief of
Published 05 Feb, 2016 12:00am

Pak-Afghan DGMOs discuss security along border

Director General Military Operations (DGMO) of Afghanistan along with delegation on Thursday visited General Headquarters and met DGMO Pakistan, media release of Inter Services Public Relations (ISPR) said. Afghan delegation's visit was sequel to Chief of
Published 05 Feb, 2016 12:00am

The Weather

The weather report on Thursday (February 04, 2016) and the forecast for Friday (February 05, 2016).

Published 05 Feb, 2016 12:00am

Clinton, Sanders fight for New Hampshire in debate

Democrats Hillary Clinton and Bernie Sanders face off Thursday in the first debate since their bruising Iowa clash that the former secretary of state won by a hair, as they gear for a battle royale in New Hampshire. Republicans too were swarming the Grani
Published 05 Feb, 2016 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (February 04, 2016).

Published 05 Feb, 2016 12:00am

Biggest ever trade deal signed

The biggest trade deal in history was signed Wednesday, yoking 12 Pacific rim countries in a US-led initiative aimed at wresting influence from booming China. The ambitious Trans Pacific Partnership (TPP) aims to slash tariffs and trade barriers for an en
Published 05 Feb, 2016 12:00am

Exchange
LME official prices

The following were Wednesday official prices.

Published 05 Feb, 2016 12:00am

Biggest ever trade deal signed

The biggest trade deal in history was signed Wednesday, yoking 12 Pacific rim countries in a US-led initiative aimed at wresting influence from booming China. The ambitious Trans Pacific Partnership (TPP) aims to slash tariffs and trade barriers for an en
Published 05 Feb, 2016 12:00am

Exchange
LME official prices

The following were Wednesday official prices.

Published 05 Feb, 2016 12:00am

Biggest ever trade deal signed

The biggest trade deal in history was signed Wednesday, yoking 12 Pacific rim countries in a US-led initiative aimed at wresting influence from booming China. The ambitious Trans Pacific Partnership (TPP) aims to slash tariffs and trade barriers for an en
Published 05 Feb, 2016 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (February 04, 2016).

Published 05 Feb, 2016 12:00am

BRIndex30 rises 210.49 points

On Thurs-day, BRIndex30 opened at 19,513.62 points and remained positive throughout the trading session. It touched an intraday high of 19,767.11 points and an intraday low of 19,514.17 points and closed at 19,724.11 points which was 210.49 points or 1.08
Published 05 Feb, 2016 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (February 04, 2016)

Published 05 Feb, 2016 12:00am

BRIndex30 rises 210.49 points

On Thurs-day, BRIndex30 opened at 19,513.62 points and remained positive throughout the trading session. It touched an intraday high of 19,767.11 points and an intraday low of 19,514.17 points and closed at 19,724.11 points which was 210.49 points or 1.08
Published 05 Feb, 2016 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Thursday (February 04, 2016).

Published 05 Feb, 2016 12:00am

Bulls take control

Stocks ended 395 points or 1.23 percent higher at 32,479 points Thursday, boosted mainly by surge in global equities and crude oil. Friday being Kashmir Day is a public holiday in the country. Starting Wednesday''s 32,084 points, the benchmark KSE-100 ind
Published 05 Feb, 2016 12:00am

Exchange
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (February 04, 2016).

Published 05 Feb, 2016 12:00am

Bulls take control

Stocks ended 395 points or 1.23 percent higher at 32,479 points Thursday, boosted mainly by surge in global equities and crude oil. Friday being Kashmir Day is a public holiday in the country. Starting Wednesday's 32,084 points, the benchmark KSE-100 inde
Published 05 Feb, 2016 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (February 04, 2016).

Published 05 Feb, 2016 12:00am

Bulls take control

Stocks ended 395 points or 1.23 percent higher at 32,479 points Thursday, boosted mainly by surge in global equities and crude oil. Friday being Kashmir Day is a public holiday in the country. Starting Wednesday's 32,084 points, the benchmark KSE-100 inde
Published 05 Feb, 2016 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (February 04, 2016).

Published 05 Feb, 2016 12:00am

Holiday notice

The offices of Business Recorder will remain closed today, Friday (February 5) on account of KASHMIR DAY. Arrangements have, however, been made to bring out the newspaper and Internet edition tomorrow, Saturday (February 6), as usual.
Published 05 Feb, 2016 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Thursday (February 04, 2016).

Published 05 Feb, 2016 12:00am

Holiday notice

The offices of Business Recorder will remain closed today, Friday (February 5) on account of KASHMIR DAY. Arrangements have, however, been made to bring out the newspaper and Internet edition tomorrow, Saturday (February 6), as usual.
Published 05 Feb, 2016 12:00am

Kerb
Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Thursday (February 04, 2016).

Published 05 Feb, 2016 12:00am

Exchange
Reforms showing positive results: Dar

Minister for Finance, Senator Ishaq Dar Thursday said that Pakistan has for the first time successfully completed 10th Review with International Monetary Fund (IMF). Pakistan is on the path of economic trajectory with all indicators showing economy moving
Published 05 Feb, 2016 12:00am

Currency
THE RUPEE: more recovery

The rupee managed to recover further ground against the dollar on the money market on Thursday, dealers said. The rupee posted fresh gains of 25-paisa in relation to the dollar for buying and selling at Rs 104.55 and Rs 104.57 respectively, they said.
Published 05 Feb, 2016 12:00am

Exchange
Reforms showing positive results: Dar

Minister for Finance, Senator Ishaq Dar Thursday said that Pakistan has for the first time successfully completed 10th Review with International Monetary Fund (IMF). Pakistan is on the path of economic trajectory with all indicators showing economy moving
Published 05 Feb, 2016 12:00am

Currency
THE RUPEE: more recovery

The rupee managed to recover further ground against the dollar on the money market on Thursday, dealers said. The rupee posted fresh gains of 25-paisa in relation to the dollar for buying and selling at Rs 104.55 and Rs 104.57 respectively, they said.
Published 05 Feb, 2016 12:00am

Exchange
Reforms showing positive results: Dar

Minister for Finance, Senator Ishaq Dar Thursday said that Pakistan has for the first time successfully completed 10th Review with International Monetary Fund (IMF). Pakistan is on the path of economic trajectory with all indicators showing economy moving
Published 05 Feb, 2016 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (February 04, 2016).

Published 05 Feb, 2016 12:00am

Exchange
Pakistan to get $497 million tranche: economic activity remains robust: Finger

The International Monetary Fund announced on Thursday it would release the latest instalment worth $497 million of a three-year economic bailout package to Pakistan, while urging Islamabad to implement planned energy sector reforms and restructure loss-ma
Published 05 Feb, 2016 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (February 04, 2016).

Published 05 Feb, 2016 12:00am

Exchange
Pakistan to get $497 million tranche: economic activity remains robust: Finger

The International Monetary Fund announced on Thursday it would release the latest instalment worth $497 million of a three-year economic bailout package to Pakistan, while urging Islamabad to implement planned energy sector reforms and restructure loss-ma
Published 05 Feb, 2016 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (February 04, 2016).

Published 05 Feb, 2016 12:00am

Exchange
Pakistan to get $497 million tranche: economic activity remains robust: Finger

The International Monetary Fund announced on Thursday it would release the latest instalment worth $497 million of a three-year economic bailout package to Pakistan, while urging Islamabad to implement planned energy sector reforms and restructure loss-ma
Published 05 Feb, 2016 12:00am

Cross Transactions between Client to Client & Financial Institutions

The following were the cross transactions between client to client & financial institutions here on Thursday (February 04, 2016).

Published 05 Feb, 2016 12:00am

Rs 480 billion payment to IPPs: PAC orders re-audit

Public Accounts Committee (PAC) has termed the payment of Rs 480 billion circular debt to Independent Power Producers (IPPs) dubious and directed for a re-audit of these payments. The committee chaired by Syed Khurshid Ahmed Shah examined the special audi
Published 05 Feb, 2016 12:00am

Member to Member

The following transactions member to member subsequently reported on Thursday (February 04, 2016).

Published 05 Feb, 2016 12:00am

Rs 480 billion payment to IPPs: PAC orders re-audit

Public Accounts Committee (PAC) has termed the payment of Rs 480 billion circular debt to Independent Power Producers (IPPs) dubious and directed for a re-audit of these payments. The committee chaired by Syed Khurshid Ahmed Shah examined the special audi
Published 05 Feb, 2016 12:00am

Mutual Funds
Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Thursday (February 04, 2016)

Published 05 Feb, 2016 12:00am

Rs 480 billion payment to IPPs: PAC orders re-audit

Public Accounts Committee (PAC) has termed the payment of Rs 480 billion circular debt to Independent Power Producers (IPPs) dubious and directed for a re-audit of these payments. The committee chaired by Syed Khurshid Ahmed Shah examined the special audi
Published 05 Feb, 2016 12:00am

Previous Day

Forex
World
Commodity

Currency Rate

USD PKR Interbank Selling / Nov 1

277.78

USD PKR Interbank Buying / Nov 1

277.68

USD to Japanese Yen / Nov 1

153.01

USD to Swiss Franc / Nov 1

0.87

Pound Sterling to USD / Nov 1

1.29

Euro to USD / Nov 1

1.08

Stock Volume

S&P 500 / Nov 1

5,728.80

India Sensex / Nov 1

79,724.12

Tokyo Nikkei / Nov 1

38,053.67

Nasdaq / Nov 1

18,239.92

Hang Seng / Nov 1

20,506.43

FTSE 100 / Nov 1

8,177.15

Dow Jones / Nov 1

42,052.19

Germany DAX 30 / Nov 1

19,254.97

Item Value

Crude Oil USD/Barrel / Nov 1

69.49

Karachi Cotton PKR/37.32 KG / Nov 1

18,085

Gold 10 Grams PKR / Nov 1

244,084

Gold Spot USD/Ounce / Nov 1

2,736.53

Cotton US¢/pound / Nov 1

70.17

Petrol/Litre / Nov 3

248.38

Gainers
Losers
Leaders

Stock Price

786 Invest Ltd / Nov 3

786 Investments Limited(786)

5

▼ 0.00 (0.00%)

AL-Abbas Sugar / Nov 3

Al-Abbas Sugar Mills Limited(AABS)

585

▼ 0.00 (0.00%)

Agro Allianz / Nov 3

Agro Allianz Limited(AAL)

16

▼ 0.00 (0.00%)

AL-Abid Silk / Nov 3

Al-Abid Silk Mills Limited(AASM)

3.49

▼ 0.00 (0.00%)

Ali Asghar / Nov 3

Ali Asghar Textile Mills Limited(AATM)

2.07

▼ 0.00 (0.00%)

Allied Bank / Nov 3

Allied Bank Limited(ABL)

87.10

▼ 0.00 (0.00%)

Abbott Lab. / Nov 3

Abbott Laboratories (Pakistan) Limited(ABOT)

499.34

▼ 0.00 (0.00%)

Abson Ind. / Nov 3

Abson Industries Limited(ABSON)

2.50

▼ 0.00 (0.00%)

Alfalah ETF. / Nov 3

Alfalah Consumer Index ETF.(ACIETF)

9.84

▼ 0.00 (0.00%)

Stock Price

786 Invest Ltd / Nov 3

786 Investments Limited(786)

5

▲ 0.00 (0.00%)

AL-Abbas Sugar / Nov 3

Al-Abbas Sugar Mills Limited(AABS)

585

▲ 0.00 (0.00%)

Agro Allianz / Nov 3

Agro Allianz Limited(AAL)

16

▲ 0.00 (0.00%)

AL-Abid Silk / Nov 3

Al-Abid Silk Mills Limited(AASM)

3.49

▲ 0.00 (0.00%)

Ali Asghar / Nov 3

Ali Asghar Textile Mills Limited(AATM)

2.07

▲ 0.00 (0.00%)

Allied Bank / Nov 3

Allied Bank Limited(ABL)

87.10

▲ 0.00 (0.00%)

Abbott Lab. / Nov 3

Abbott Laboratories (Pakistan) Limited(ABOT)

499.34

▲ 0.00 (0.00%)

Abson Ind. / Nov 3

Abson Industries Limited(ABSON)

2.50

▲ 0.00 (0.00%)

Alfalah ETF. / Nov 3

Alfalah Consumer Index ETF.(ACIETF)

9.84

▲ 0.00 (0.00%)

Stock Volume

P.I.A.C.(A) / Nov 3

Pakistan International Airlines Corp(PIAA)

47,200,500

▲ 0.00

Cnergyico PK / Nov 3

Cnergyico PK Limited(CNERGY)

29,719,327

▲ 0.00

Pak Petroleum / Nov 3

Pakistan Petroleum Limited(PPL)

21,170,581

▲ 0.00

Pak Refinery / Nov 3

Pakistan Refinery Limited(PRL)

16,965,134

▲ 0.00

The Searle Co. / Nov 3

The Searle Company Limited(SEARL)

15,793,227

▲ 0.00

P.T.C.L. / Nov 3

Pakistan Telecommunication Company Ltd(PTC)

15,054,641

▲ 0.00

K-Electric Ltd. / Nov 3

K-Electric Limited(KEL)

14,145,556

▲ 0.00

WorldCall Telecom / Nov 3

Worldcall Telecom Limited(WTL)

13,158,668

▲ 0.00

Telecard Limited / Nov 3

Telecard Limited(TELE)

12,358,668

▲ 0.00

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