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Print - 2016-05-10
Clarification

Clarification

With reference to a news item that appeared in a section of press yesterday, Wamiq A. Zuberi of Business Recorder and his wife Rukhsana Zuberi (not former Senator Rukhsana Zuberi who was wrongly mentioned in that news item as his wife) have clarifi
Published 10 May, 2016 12:00am
Clarification

Clarification

With reference to a news item that appeared in a section of press yesterday, Wamiq A. Zuberi of Business Recorder and his wife Rukhsana Zuberi (not former Senator Rukhsana Zuberi who was wrongly mentioned in that news item as his wife) have clarifi
Published 10 May, 2016 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 10 May, 2016 12:00am
Bill on PPP to attract investment introduced

Bill on PPP to attract investment introduced

The government on Monday introduced "The Public Private Partnership Authority Bill, 2016" in the National Assembly for promoting domestic and foreign private investment in infrastructure and transparent and fair procurement process for economic developmen
Published 10 May, 2016 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 10 May, 2016 12:00am
Bill on PPP to attract investment introduced

Bill on PPP to attract investment introduced

The government on Monday introduced "The Public Private Partnership Authority Bill, 2016" in the National Assembly for promoting domestic and foreign private investment in infrastructure and transparent and fair procurement process for economic developmen
Published 10 May, 2016 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 10 May, 2016 12:00am
Bill on PPP to attract investment introduced

Bill on PPP to attract investment introduced

The government on Monday introduced "The Public Private Partnership Authority Bill, 2016" in the National Assembly for promoting domestic and foreign private investment in infrastructure and transparent and fair procurement process for economic developmen
Published 10 May, 2016 12:00am
It's a fight between world powers: Panama leader

It's a fight between world powers: Panama leader

The Panama Papers revealing offshore secrets of the wealthy is really the result of a behind-the-scenes fight of big global powers, Panama's president said on Monday. "It looks like internal politics and differences between the big powers is playing a rol
Published 10 May, 2016 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 10 May, 2016 12:00am
It's a fight between world powers: Panama leader

It's a fight between world powers: Panama leader

The Panama Papers revealing offshore secrets of the wealthy is really the result of a behind-the-scenes fight of big global powers, Panama's president said on Monday. "It looks like internal politics and differences between the big powers is playing a rol
Published 10 May, 2016 12:00am
Opposition protest moves into high gear

Opposition protest moves into high gear

The joint opposition staged a walkout from the National Assembly on Monday, saying they would not participate in the proceedings until Prime Minister Nawaz Sharif comes to the House to explain his position on the Panama papers.
Published 10 May, 2016 12:00am
Opposition protest moves into high gear

Opposition protest moves into high gear

The joint opposition staged a walkout from the National Assembly on Monday, saying they would not participate in the proceedings until Prime Minister Nawaz Sharif comes to the House to explain his position on the Panama papers.
Published 10 May, 2016 12:00am
Panama Papers trove on shell companies: detailed data released

Panama Papers trove on shell companies: detailed data released

The International Consortium of Investigative Journalists on Monday published online detailed data from the Panama Papers trove on more than 200,000 secret offshore companies. The searchable database built on just a portion of the documents leaked from th
Published 10 May, 2016 12:00am
Panama Papers trove on shell companies: detailed data released

Panama Papers trove on shell companies: detailed data released

The International Consortium of Investigative Journalists on Monday published online detailed data from the Panama Papers trove on more than 200,000 secret offshore companies. The searchable database built on just a portion of the documents leaked from th
Published 10 May, 2016 12:00am
BRIndex30 up 105.37 points

BRIndex30 up 105.37 points

On Monday, BRIndex30 opened at 22,020.35 points and remained positive throughout the trading session. It touched an intraday high of 22,196.16 points and an intraday low of 22,020.35 points and closed at 22,125.72 points which was 105.37 points or 0.48 pe
Published 10 May, 2016 12:00am
BRIndex30 up 105.37 points

BRIndex30 up 105.37 points

On Monday, BRIndex30 opened at 22,020.35 points and remained positive throughout the trading session. It touched an intraday high of 22,196.16 points and an intraday low of 22,020.35 points and closed at 22,125.72 points which was 105.37 points or 0.48 pe
Published 10 May, 2016 12:00am
Index crosses 36,000-level

Index crosses 36,000-level

Stocks Monday ended 0.73 percent higher at all-time high of 36,235 on the back of bull-run in global equities and crude oil prices. The benchmark KSE-100 index added 261 points to Friday''s 35,974 points which proved to be the day''s lowest level. The obs
Published 10 May, 2016 12:00am
Index crosses 36,000-level

Index crosses 36,000-level

Stocks Monday ended 0.73 percent higher at all-time high of 36,235 on the back of bull-run in global equities and crude oil prices. The benchmark KSE-100 index added 261 points to Friday's 35,974 points which proved to be the day's lowest level. The obser
Published 10 May, 2016 12:00am
Index crosses 36,000-level

Index crosses 36,000-level

Stocks Monday ended 0.73 percent higher at all-time high of 36,235 on the back of bull-run in global equities and crude oil prices. The benchmark KSE-100 index added 261 points to Friday's 35,974 points which proved to be the day's lowest level. The obser
Published 10 May, 2016 12:00am
F-16 aircraft controversy: Centcom commander informed of concerns

F-16 aircraft controversy: Centcom commander informed of concerns

The government has raised the issue of F-16 aircraft and expressed its concern with the commander of US Central Command (Centcom) General Joseph Votel in a meeting held here on Monday. Pakistan and the US shared their resolve to further enhance existing d
Published 10 May, 2016 12:00am
F-16 aircraft controversy: Centcom commander informed of concerns

F-16 aircraft controversy: Centcom commander informed of concerns

The government has raised the issue of F-16 aircraft and expressed its concern with the commander of US Central Command (Centcom) General Joseph Votel in a meeting held here on Monday. Pakistan and the US shared their resolve to further enhance existing d
Published 10 May, 2016 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (May 09, 2016).

Published 10 May, 2016 12:00am
Currency notes: exchange rates
Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Monday (May 09, 2016).

Published 10 May, 2016 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Monday (May 09, 2016).

Published 10 May, 2016 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 10 May, 2016 12:00am
State Bank of Pakistan conversion rates
Currency

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 10 May, 2016 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 10 May, 2016 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 10 May, 2016 12:00am
Ivory Coast cocoa mid-crop hurt by hot weather

Ivory Coast cocoa mid-crop hurt by hot weather

Hot and dry weather last week in most of Ivory Coast's main cocoa regions hurt the trees needed to ensure abundant beans of good quality during the last stage of the mid-crop, farmers said on Monday. The mid-crop in Ivory Coast, the world's top cocoa prod
Published 10 May, 2016 12:00am
US natural gas futures down for week on light demand

US natural gas futures down for week on light demand

US natural gas futures edged higher on Friday but ended down about 4 percent for the week as seasonal forecasts called for little heating or cooling demand through late May. Front-month gas futures for June delivery on the New York Mercantile Exchange ros
Published 10 May, 2016 12:00am
EU wheat recovers from two-week low on Chicago bounce

EU wheat recovers from two-week low on Chicago bounce

A bounce in US wheat prices, strong support on price charts and brisk export demand all contributed to European wheat futures recovering on Friday from a two-week low. A flow of French shipments to Morocco and hopes that German and Polish wheat would get
Published 10 May, 2016 12:00am
Oil cake market rates
Cotton

Oil cake market rates

Deliveries were unchanged on the forward cottonseeds oilcake market on Monday in the process of trading, dealers said. The May vaida closed at Rs 2046.90 and it opened with no change in morning session, they said. The July vaida settled at Rs 2048.50 it a
Published 10 May, 2016 12:00am
Cotton market: prices down in line with global track
Cotton

Cotton market: prices down in line with global track

The rates were sharply down in line with the global track in the process of trading on the cotton market on Monday, dealers said. The official spot rate was down by Rs 100 to Rs 5,550 dealers said. In the Punjab, prices showed no change at Rs 3100 and Rs
Published 10 May, 2016 12:00am
Indian oilseeds, soyaoil rise on wedding season demand

Indian oilseeds, soyaoil rise on wedding season demand

Indian oilseeds and soyaoil futures rose on Monday on wedding season demand and tracking gains in Malaysian palm oil. Malaysian benchmark palm oil futures rose, supported by improved demand and forecasts that stockpiles would drop on falling production ah
Published 10 May, 2016 12:00am
US FOB Gulf corn offers firm on stronger demand

US FOB Gulf corn offers firm on stronger demand

Export premiums for corn were steady to firm at the US Gulf Coast on Friday, supported by expectations for stronger global demand next week as some Asian traders returned from holiday, traders said. Some buyers were away on holiday this week, including Go
Published 10 May, 2016 12:00am
Mixed patterns on grain market
Cotton

Mixed patterns on grain market

Prices moved both ways on the wholesale grain market on Monday in the process of modest trading, dealers added. On the cereals side, Makai after maintaining a stable trend, managed to Rs 125 to Rs 3125 and Rs 3250, Moong Punjab and Moog Afghan, however, l
Published 10 May, 2016 12:00am
Daily trading report of PMEX
Cotton

Daily trading report of PMEX

On Friday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 7,995 million and the number of lots traded was 26.94 million. PMEX Commodity Index closed at 2,839. Major business was contributed by gold amounting to PKR 6,833 million followed by
Published 10 May, 2016 12:00am
China's 2016 corn output to fall as stockpiling ends

China's 2016 corn output to fall as stockpiling ends

China's corn production in 2016 is expected to decline 2.9 percent from last year to 218 million tonnes, as farmers in the north-east are expected to switch crops, a state-backed think tank said on Monday. China decided in March to end a corn stockpiling
Published 10 May, 2016 12:00am
Coconut oil prices fall sharply on European market

Coconut oil prices fall sharply on European market

Coconut oil prices on the European vegetable oil market were sharply lower on Friday as the market retreated further from highs set a month ago. Dealers said the market was struggling to find buyers, with demand curtailed by a strong run-up in prices link
Published 10 May, 2016 12:00am
Activity at Karachi & Qasim ports

Activity at Karachi & Qasim ports

The Karachi Port handled 224,595 tonnes of cargo comprising 158,386 tonnes of import cargo and 66,209 tonnes of export cargo including 7,436 loaded and empty containers during the last 48 hours ending at 0700 hours on Monday. The total import cargo of 158
Published 10 May, 2016 12:00am
CBOT wheat futures firmer

CBOT wheat futures firmer

US wheat futures firmed on Friday, closing marginally higher on a round of end-of-week short-covering, traders said. For the week, the most actively-traded Chicago Board of Trade July soft red winter wheat contract closed down 5.1 percent. It marked the b
Published 10 May, 2016 12:00am
Hopes of factory jobs rebound fade in US heartland

Hopes of factory jobs rebound fade in US heartland

The US factory sector appears to be stabilising after a long and painful slide, but not when it comes to jobs. You might not hear that from Washington, where the latest job report for April showed factories added 4,000 positions and other measures suggest
Published 10 May, 2016 12:00am
IMF more upbeat on Germany outlook as factory orders rise

IMF more upbeat on Germany outlook as factory orders rise

German industrial orders rose more than expected in March and the International Monetary Fund said on Monday it was "a bit more optimistic" about the outlook for Europe's largest economy, which is heading into the second quarter on a solid footing.
Published 10 May, 2016 12:00am
Greece creditor agreement 'in coming days': EU commissioner

Greece creditor agreement 'in coming days': EU commissioner

Greece and its EU-IMF creditors will reach a deal to release the next tranche of its 86-billion-euro bailout "in the coming days", said a senior EU official on Monday after talks in Brussels. "Staff level agreement to be finalised in coming days, includin
Published 10 May, 2016 12:00am
Greece adopts controversial reforms ahead of crunch Eurogroup talks

Greece adopts controversial reforms ahead of crunch Eurogroup talks

Greek lawmakers adopted a controversial package of pension cuts and tax hikes as eurozone finance ministers geared up for an emergency meeting Monday to hammer out fresh reforms for Athens to stave off another eurozone crisis. The ministers are expected t
Published 10 May, 2016 12:00am
Tribune Publishing adopts poison pill to stop Gannett bid

Tribune Publishing adopts poison pill to stop Gannett bid

Newspaper publisher Tribune Publishing Co said its board had adopted a shareholder rights plan - popularly known as a "poison pill" - in a bid to thwart Gannett Co Inc's unsolicited take-over offer. Tribune shares fell nearly 6 percent in morning trading
Published 10 May, 2016 12:00am
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