News Archives for Print - 2016-05-17

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Monday (May 16, 2016).

Published 17 May, 2016 12:00am

Deduction of WHT by freezing bank accounts: FBR to allow another chance to DMCs to file appeals

Federal Board of Revenue (FBR) has decided to allow another chance to District Municipal Corporations (DMCs) for filing appeals against the order of the Regional Tax Office (RTO)-III; it was learnt. According to sources, the RTO-III, which had taken up th

Published 17 May, 2016 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Monday (May 16, 2016).

Published 17 May, 2016 12:00am

Deduction of WHT by freezing bank accounts: FBR to allow another chance to DMCs to file appeals

Federal Board of Revenue (FBR) has decided to allow another chance to District Municipal Corporations (DMCs) for filing appeals against the order of the Regional Tax Office (RTO)-III; it was learnt. According to sources, the RTO-III, which had taken up th

Published 17 May, 2016 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (May 16, 2016)

Published 17 May, 2016 12:00am

Deduction of WHT by freezing bank accounts: FBR to allow another chance to DMCs to file appeals

Federal Board of Revenue (FBR) has decided to allow another chance to District Municipal Corporations (DMCs) for filing appeals against the order of the Regional Tax Office (RTO)-III; it was learnt. According to sources, the RTO-III, which had taken up th

Published 17 May, 2016 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Monday (May 16, 2016).

Published 17 May, 2016 12:00am

Pakistan to host meeting on reviving Afghan Taliban talks

Pakistan will on Wednesday host a new round of four-nation Afghan peace talks aimed at reviving long-stalled negotiations with the Taliban, a foreign office official said. The group comprising Afghanistan, the United States, China and Pakistan has been at

Published 17 May, 2016 12:00am

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (May 16, 2016).

Published 17 May, 2016 12:00am

Pakistan to host meeting on reviving Afghan Taliban talks

Pakistan will on Wednesday host a new round of four-nation Afghan peace talks aimed at reviving long-stalled negotiations with the Taliban, a foreign office official said. The group comprising Afghanistan, the United States, China and Pakistan has been at

Published 17 May, 2016 12:00am

Cotton

Grain market rates

Karachi grain market rates in rupees on Monday (May 16, 2016).

Published 17 May, 2016 12:00am

Western route motorway: Prime Minister to perform groundbreaking today

Prime Minister Nawaz Sharif is scheduled to perform the groundbreaking of Dera Ismail Khan-Hakla motorway - western part of China Pakistan Economic Corridor (CPEC) on Tuesday, May 17. The 285-kilometers long motorway is part of the western route of CPEC a

Published 17 May, 2016 12:00am

Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Monday (May 16, 2016).

Published 17 May, 2016 12:00am

Western route motorway: Prime Minister to perform groundbreaking today

Prime Minister Nawaz Sharif is scheduled to perform the groundbreaking of Dera Ismail Khan-Hakla motorway - western part of China Pakistan Economic Corridor (CPEC) on Tuesday, May 17. The 285-kilometers long motorway is part of the western route of CPEC a

Published 17 May, 2016 12:00am

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 6th May, 2016.

Published 17 May, 2016 12:00am

Western route motorway: Prime Minister to perform groundbreaking today

Prime Minister Nawaz Sharif is scheduled to perform the groundbreaking of Dera Ismail Khan-Hakla motorway - western part of China Pakistan Economic Corridor (CPEC) on Tuesday, May 17. The 285-kilometers long motorway is part of the western route of CPEC a

Published 17 May, 2016 12:00am

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 6th May, 2016.

Published 17 May, 2016 12:00am

Senegal-Gambia border talks break up without agreement

A first round of Senegal-Gambia talks to end a three-month border blockade has ended without agreement amid an impasse over a long-delayed bridge project, a senior advisor to Senegal's foreign minister said Monday. "We will consult our experts about the i

Published 17 May, 2016 12:00am

Pakistan Economic Indicators

Pakistan Economic Indicators - May 16, 2016.

Published 17 May, 2016 12:00am

Mass CAR rapes will scar generations, ICC told

The effects of a deliberate campaign of mass rapes in the Central African Republic by the forces of former Congolese vice president Jean-Pierre Bemba a decade ago will be felt for generations, war crimes judges heard Monday. Research among scores of victi

Published 17 May, 2016 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (May 16, 2016).

Published 17 May, 2016 12:00am

Archroma enters into collaboration with Textile Institute of Pakistan

Archroma, a global leader in colour and specialty chemicals, Monday announced the signature of a Memorandum of Understanding (MoU) with the Textile Institute of Pakistan. The MoU will pave way for formal cooperation between the two institutions initially

Published 17 May, 2016 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (May 16, 2016).

Published 17 May, 2016 12:00am

Junta spending boosts Thai growth but risks remain

Thailand's economy grew by a more than expected 3.2 percent in the first quarter off the back of strong tourism and public spending, official figures showed Monday, but analysts warned the solid start was still shaky. Once one of Southeast Asia's most vib

Published 17 May, 2016 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Monday (May 16, 2016).

Published 17 May, 2016 12:00am

Conduct message not getting through at UK banks: BoE's Bailey

British bank bosses are not getting the message through to staff about rooting out conduct that led to the financial crisis and to customers being ripped off, Bank of England Deputy Governor Andrew Bailey said. Many of the largest banks required taxpayer-

Published 17 May, 2016 12:00am

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Monday (May 16, 2016).

Published 17 May, 2016 12:00am

Taliban committed numerous atrocities: Shahbaz Taseer

Shahbaz Taseer, who was held by the Taliban for nearly five years, has said that Taliban had committed numerous atrocities on him during his captivity but Allah mighty saved him. In an interview to BBC on Monday, Shahbaz Taseer said the abductors wanted t

Published 17 May, 2016 12:00am

Currency

THE RUPEE: bears persist

The rupee drifted lower on the money market on Monday in the process of trading, dealer said. The rupee, after maintaining a firm trend for a long time against the dollar, lost nine paisas for buying and selling at Rs 104.75 and Rs 104.76 respectively, de

Published 17 May, 2016 12:00am

Zimbabwe halves 2016 growth forecast to 1.4 percent

Zimbabwe cut its economic growth forecast to 1.4 percent in 2016 from an initial forecast of 2.7 percent, the ministry of finance said, following a devastating drought and weak commodity prices. The drought that has scorched crops in most of southern Afri

Published 17 May, 2016 12:00am

Currency

THE RUPEE: bears persist

The rupee drifted lower on the money market on Monday in the process of trading, dealer said. The rupee, after maintaining a firm trend for a long time against the dollar, lost nine paisas for buying and selling at Rs 104.75 and Rs 104.76 respectively, de

Published 17 May, 2016 12:00am

Opposition to meet today

Rejecting the explanation offered by Prime Minister Nawaz Sharif in the National Assembly, the combined opposition, staged a walkout from the House in protest. Soon after the Prime Minister gave his statement in the House, Leader of the Opposition in Nati

Published 17 May, 2016 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Monday (May 16, 2016).

Published 17 May, 2016 12:00am

Opposition to meet today

Rejecting the explanation offered by Prime Minister Nawaz Sharif in the National Assembly, the combined opposition, staged a walkout from the House in protest. Soon after the Prime Minister gave his statement in the House, Leader of the Opposition in Nati

Published 17 May, 2016 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Monday (May 16, 2016).

Published 17 May, 2016 12:00am

BRIndex30 up 18.08 points

On Monday, BRIndex30 opened at 22,199.75 points and remained positive throughout the trading session. It touched an intraday high of 22,331.88 points and an intraday low of 22,199.75 points and closed at 22,217.83 points which was 18.08 points or 0.08 per

Published 17 May, 2016 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Monday (May 16, 2016).

Published 17 May, 2016 12:00am

BRIndex30 up 18.08 points

On Monday, BRIndex30 opened at 22,199.75 points and remained positive throughout the trading session. It touched an intraday high of 22,331.88 points and an intraday low of 22,199.75 points and closed at 22,217.83 points which was 18.08 points or 0.08 per

Published 17 May, 2016 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Monday (May 16, 2016)

Published 17 May, 2016 12:00am

Equities static

The share market started the week on a flattish note with the KSE-100 index closing 2.8 points higher at 36,125 points Monday. Showing volatility, the index hit the intraday high and low of 36,241 and 36,088 points. Trading turnover declined to 221 millio

Published 17 May, 2016 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Monday (May 16, 2016)

Published 17 May, 2016 12:00am

Equities static

The share market started the week on a flattish note with the KSE-100 index closing 2.8 points higher at 36,125 points Monday. Showing volatility, the index hit the intraday high and low of 36,241 and 36,088 points. Trading turnover declined to 221 millio

Published 17 May, 2016 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Monday (May 16, 2016)

Published 17 May, 2016 12:00am

Equities static

The share market started the week on a flattish note with the KSE-100 index closing 2.8 points higher at 36,125 points Monday. Showing volatility, the index hit the intraday high and low of 36,241 and 36,088 points. Trading turnover declined to 221 millio

Published 17 May, 2016 12:00am

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

National Clearing Company declares daily settlement information for local & foreign investors on Monday (May 16, 2016).

Published 17 May, 2016 12:00am

Small R-LNG-based plants: plan fails to evoke much interest

Federal government''s Re-gasified Liquefied Natural Gas (R-LNG)-based small power projects'' plan has reportedly failed as only one company has fulfilled the pre-requisite criteria, well informed sources in PPIB told Business Recorder. A couple of

Published 17 May, 2016 12:00am

BRIndex30 and BR Sectoral Indices

BRIndex30 and BR Sectoral Indices on Monday (May 16, 2016).

Published 17 May, 2016 12:00am

Small R-LNG-based plants: plan fails to evoke much interest

Federal government's Re-gasified Liquefied Natural Gas (R-LNG)-based small power projects' plan has reportedly failed as only one company has fulfilled the pre-requisite criteria, well informed sources in PPIB told Business Recorder. A couple of mo

Published 17 May, 2016 12:00am

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 17 May, 2016 12:00am

Small R-LNG-based plants: plan fails to evoke much interest

Federal government's Re-gasified Liquefied Natural Gas (R-LNG)-based small power projects' plan has reportedly failed as only one company has fulfilled the pre-requisite criteria, well informed sources in PPIB told Business Recorder. A couple of mo

Published 17 May, 2016 12:00am

Last date of renunciation/payment

Last dates of renunciation/payment.

Published 17 May, 2016 12:00am

Recovery notices by banks: SBP suggests standard procedure, timeline for compliance

The State Bank of Pakistan (SBP) has proposed to the Federal Board of Revenue (FBR) to introduce a standard procedure and timeline for compliance of tax recovery notices by banks and a reasonable time should be allowed to banks for acting on such recovery

Published 17 May, 2016 12:00am

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 17 May, 2016 12:00am

Recovery notices by banks: SBP suggests standard procedure, timeline for compliance

The State Bank of Pakistan (SBP) has proposed to the Federal Board of Revenue (FBR) to introduce a standard procedure and timeline for compliance of tax recovery notices by banks and a reasonable time should be allowed to banks for acting on such recovery

Published 17 May, 2016 12:00am

Clearing Schedule for T+2 System

Karachi Stock Exchange's Clearing Schedule for T+2 System.

Published 17 May, 2016 12:00am

Recovery notices by banks: SBP suggests standard procedure, timeline for compliance

The State Bank of Pakistan (SBP) has proposed to the Federal Board of Revenue (FBR) to introduce a standard procedure and timeline for compliance of tax recovery notices by banks and a reasonable time should be allowed to banks for acting on such recovery

Published 17 May, 2016 12:00am

Dates of Closure of Books & Annual General Meetings

Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed on the stock exchanges.

Published 17 May, 2016 12:00am

Military leadership of China, Pakistan discuss CPEC

Chief of Army Staff (CoAS) General Raheel Sharif on Monday reached Beijing on two-day official visit to the most trusted friendly country. According to Tweet message by Director General ISPR Lieutenant General Asim Bajwa, the CoAS will meet senior Politic

Published 17 May, 2016 12:00am

EFU TAKAFUL GROWTH FUND RATES

EFU Takaful Growth Fund Rates on Monday (May 16, 2016).

Published 17 May, 2016 12:00am

Military leadership of China, Pakistan discuss CPEC

Chief of Army Staff (CoAS) General Raheel Sharif on Monday reached Beijing on two-day official visit to the most trusted friendly country. According to Tweet message by Director General ISPR Lieutenant General Asim Bajwa, the CoAS will meet senior Politic

Published 17 May, 2016 12:00am

EFU TAKAFUL GROWTH FUND RATES

EFU Takaful Growth Fund Rates on Monday (May 16, 2016).

Published 17 May, 2016 12:00am

Brazil postpones announcement of central bank chief

Brazil''s Finance Minister Henrique Meirelles has postponed his plan to announce his economic team on Monday, including the next central bank chief, the ministry''s press office said. Shortly after taking office on Thursday, Meirelles, a former central ba

Published 17 May, 2016 12:00am

EFU TAKAFUL GROWTH FUND RATES

EFU Takaful Growth Fund Rates on Monday (May 16, 2016).

Published 17 May, 2016 12:00am

Brazil postpones announcement of central bank chief

Brazil's Finance Minister Henrique Meirelles has postponed his plan to announce his economic team on Monday, including the next central bank chief, the ministry's press office said. Shortly after taking office on Thursday, Meirelles, a former central bank

Published 17 May, 2016 12:00am

EFU GUARANTEED GROWTH FUND RATES

EFU Guaranteed Growth Fund Rates on Monday (May 16, 2016).

Published 17 May, 2016 12:00am

Brazil postpones announcement of central bank chief

Brazil's Finance Minister Henrique Meirelles has postponed his plan to announce his economic team on Monday, including the next central bank chief, the ministry's press office said. Shortly after taking office on Thursday, Meirelles, a former central bank

Published 17 May, 2016 12:00am

EFU GUARANTEED GROWTH FUND RATES

EFU Guaranteed Growth Fund Rates on Monday (May 16, 2016).

Published 17 May, 2016 12:00am

The Panama puzzle persists as Prime Minister's speech somehow fails to clear the air

Prime Minister Nawaz Sharif on Monday suggested Speaker National Assembly Sardar Ayaz Sadiq to form a parliamentary committee comprising Leader of Opposition and other parliamentary leaders to develop consensus on terms of references to investigate the Pa

Published 17 May, 2016 12:00am

EFU GUARANTEED GROWTH FUND RATES

EFU Guaranteed Growth Fund Rates on Monday (May 16, 2016).

Published 17 May, 2016 12:00am

The Panama puzzle persists as Prime Minister's speech somehow fails to clear the air

Prime Minister Nawaz Sharif on Monday suggested Speaker National Assembly Sardar Ayaz Sadiq to form a parliamentary committee comprising Leader of Opposition and other parliamentary leaders to develop consensus on terms of references to investigate the Pa

Published 17 May, 2016 12:00am

Currency	Rate
USD PKR Interbank Selling / Sep 20	277.90
USD PKR Interbank Buying / Sep 20	277.70
USD to Japanese Yen / Sep 20	143.85
USD to Swiss Franc / Sep 20	0.85
Pound Sterling to USD / Sep 20	1.33
Euro to USD / Sep 20	1.12

Stock	Volume
S&P 500 / Sep 20	5,702.55
India Sensex / Sep 20	83,184.80
Tokyo Nikkei / Sep 20	37,723.91
Nasdaq / Sep 20	17,948.32
Hang Seng / Sep 20	18,258.57
FTSE 100 / Sep 20	8,229.99
Dow Jones / Sep 20	42,063.36
Germany DAX 30 / Sep 20	18,720.01

Item	Value
Crude Oil USD/Barrel / Sep 20	71.92
Gold Spot USD/Ounce / Sep 20	2,621.88
Cotton US¢/pound / Sep 20	73.52
Karachi Cotton PKR/37.32 KG / Sep 21	18,935
Gold 10 Grams PKR / Sep 21	233,625
Petrol/Litre / Sep 22	249.10

Stock	Price
786 Invest Ltd / Sep 22 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 22 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Sep 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 22 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 22 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 22 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Sep 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 22 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Sep 22 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Sep 22 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Sep 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Sep 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Sep 22 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Sep 22 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Sep 22 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Sep 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Sep 22 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Sep 22 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Sep 22 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Sep 22 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Sep 22 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Sep 22 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Sep 22 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Sep 22 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Sep 22 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Sep 22 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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