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Sep 21, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2016-05-27
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (May 26, 2016).

Published 27 May, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (May 26, 2016).

Published 27 May, 2016 12:00am
THE RUPEE: stable trend
Currency

THE RUPEE: stable trend

The rupee managed to hold firm trend against the dollar on the money market on Thursday, dealer said. The rupee did not move sharply against the dollar for buying and selling at Rs 104.80 and Rs 104.82 respectively, dealer said.
Published 27 May, 2016 12:00am
THE RUPEE: stable trend
Currency

THE RUPEE: stable trend

The rupee managed to hold firm trend against the dollar on the money market on Thursday, dealer said. The rupee did not move sharply against the dollar for buying and selling at Rs 104.80 and Rs 104.82 respectively, dealer said.
Published 27 May, 2016 12:00am
Obama says world leaders 'rattled' by Trump

Obama says world leaders 'rattled' by Trump

US President Barack Obama on Thursday said that global leaders are "rattled" by some of presumptive Republican presidential nominee Donald Trump's policies, blasting the ideas as demonstrating "ignorance" of how the world works. Trump, the billionaire US
Published 27 May, 2016 12:00am
Obama says world leaders 'rattled' by Trump

Obama says world leaders 'rattled' by Trump

US President Barack Obama on Thursday said that global leaders are "rattled" by some of presumptive Republican presidential nominee Donald Trump's policies, blasting the ideas as demonstrating "ignorance" of how the world works. Trump, the billionaire US
Published 27 May, 2016 12:00am
Trump claims enough delegates for Republican nomination

Trump claims enough delegates for Republican nomination

Donald Trump claimed Thursday to have secured the support of enough delegates to become the Republican presidential nominee, vaulting past the threshold of 1,237 needed to win the party's primary race. The accomplishment caps an extraordinary rise by a po
Published 27 May, 2016 12:00am
Trump claims enough delegates for Republican nomination

Trump claims enough delegates for Republican nomination

Donald Trump claimed Thursday to have secured the support of enough delegates to become the Republican presidential nominee, vaulting past the threshold of 1,237 needed to win the party's primary race. The accomplishment caps an extraordinary rise by a po
Published 27 May, 2016 12:00am
Bangladesh tycoon charged

Bangladesh tycoon charged

Bangladesh police Thursday charged a senior opposition official with sedition for allegedly plotting against the state when he met an Israeli government adviser, an official said. The move comes as Prime Minister Sheikh Hasina's government is stepping up
Published 27 May, 2016 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (May 26, 2016).

Published 27 May, 2016 12:00am
Bangladesh tycoon charged

Bangladesh tycoon charged

Bangladesh police Thursday charged a senior opposition official with sedition for allegedly plotting against the state when he met an Israeli government adviser, an official said. The move comes as Prime Minister Sheikh Hasina's government is stepping up
Published 27 May, 2016 12:00am
Hakeem Baloch says he has quit

Hakeem Baloch says he has quit

Minister of State for Communication Abdul Hakeem Baloch on Thursday claimed that he was left with no option but to quit as he had no powers regarding important issues, including the China Pakistan Economic Corridor (CPEC). Talking to Business Recorder<
Published 27 May, 2016 12:00am
Hakeem Baloch says he has quit

Hakeem Baloch says he has quit

Minister of State for Communication Abdul Hakeem Baloch on Thursday claimed that he was left with no option but to quit as he had no powers regarding important issues, including the China Pakistan Economic Corridor (CPEC). Talking to Business Recorder<
Published 27 May, 2016 12:00am
Dar orders probe into shortfall in cotton crop
Cotton

Dar orders probe into shortfall in cotton crop

Finance Minister Senator Ishaq Dar chaired a meeting on Thursday to review the reasons for shortfall in cotton production and also to devise short and medium term plans for increasing production. The Minister expressed concern that shortfall in cotton cro
Published 27 May, 2016 12:00am
Dar orders probe into shortfall in cotton crop
Cotton

Dar orders probe into shortfall in cotton crop

Finance Minister Senator Ishaq Dar chaired a meeting on Thursday to review the reasons for shortfall in cotton production and also to devise short and medium term plans for increasing production. The Minister expressed concern that shortfall in cotton cro
Published 27 May, 2016 12:00am
Dar orders probe into shortfall in cotton crop
Cotton

Dar orders probe into shortfall in cotton crop

Finance Minister Senator Ishaq Dar chaired a meeting on Thursday to review the reasons for shortfall in cotton production and also to devise short and medium term plans for increasing production. The Minister expressed concern that shortfall in cotton cro
Published 27 May, 2016 12:00am
Clashes as France gripped by fresh wave of strikes

Clashes as France gripped by fresh wave of strikes

Masked youths clashed with police in Paris and striking workers blockaded refineries and nuclear power stations on Thursday as an escalating wave of industrial action against labour reforms rocked France. Police fired tear gas at around 100 protesters who
Published 27 May, 2016 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 27 May, 2016 12:00am
Clashes as France gripped by fresh wave of strikes

Clashes as France gripped by fresh wave of strikes

Masked youths clashed with police in Paris and striking workers blockaded refineries and nuclear power stations on Thursday as an escalating wave of industrial action against labour reforms rocked France. Police fired tear gas at around 100 protesters who
Published 27 May, 2016 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 27 May, 2016 12:00am
Clashes as France gripped by fresh wave of strikes

Clashes as France gripped by fresh wave of strikes

Masked youths clashed with police in Paris and striking workers blockaded refineries and nuclear power stations on Thursday as an escalating wave of industrial action against labour reforms rocked France. Police fired tear gas at around 100 protesters who
Published 27 May, 2016 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 27 May, 2016 12:00am
Prime Minister to chair NEC meeting on 30th?

Prime Minister to chair NEC meeting on 30th?

Prime Minister Nawaz Sharif is expected to return on May 28 from London to preside over a tentatively scheduled meeting of National Economic Council (NEC) on May 30 to approve development outlay and growth targets for the next fiscal year. When contacted,
Published 27 May, 2016 12:00am
Prime Minister to chair NEC meeting on 30th?

Prime Minister to chair NEC meeting on 30th?

Prime Minister Nawaz Sharif is expected to return on May 28 from London to preside over a tentatively scheduled meeting of National Economic Council (NEC) on May 30 to approve development outlay and growth targets for the next fiscal year. When contacted,
Published 27 May, 2016 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 27 May, 2016 12:00am
Prime Minister to chair NEC meeting on 30th?

Prime Minister to chair NEC meeting on 30th?

Prime Minister Nawaz Sharif is expected to return on May 28 from London to preside over a tentatively scheduled meeting of National Economic Council (NEC) on May 30 to approve development outlay and growth targets for the next fiscal year. When contacted,
Published 27 May, 2016 12:00am
No military has matched up to Pakistan's: CoAS

No military has matched up to Pakistan's: CoAS

Army Chief General Raheel Sharif on Thursday said no military in the world has been able to synergise effects as much as the Pakistan Army has single-handedly. Addressing the participants at Command and Staff College in Quetta, General Raheel said he is p
Published 27 May, 2016 12:00am
No military has matched up to Pakistan's: CoAS

No military has matched up to Pakistan's: CoAS

Army Chief General Raheel Sharif on Thursday said no military in the world has been able to synergise effects as much as the Pakistan Army has single-handedly. Addressing the participants at Command and Staff College in Quetta, General Raheel said he is p
Published 27 May, 2016 12:00am
NHP payment to KPK: Rs 1.25 raise in hydel tariff approved by Nepra

NHP payment to KPK: Rs 1.25 raise in hydel tariff approved by Nepra

National Electric Power Regulatory Authority (Nepra) has accorded approval to an increase in hydel tariff by Rs 1.25 per unit from Rs 1.10 per unit aimed at facilitating payments of Rs 40 billion of Net Hydel Profit (NHP) to KPK as per agreement. With the
Published 27 May, 2016 12:00am
NHP payment to KPK: Rs 1.25 raise in hydel tariff approved by Nepra

NHP payment to KPK: Rs 1.25 raise in hydel tariff approved by Nepra

National Electric Power Regulatory Authority (Nepra) has accorded approval to an increase in hydel tariff by Rs 1.25 per unit from Rs 1.10 per unit aimed at facilitating payments of Rs 40 billion of Net Hydel Profit (NHP) to KPK as per agreement. With the
Published 27 May, 2016 12:00am
NHP payment to KPK: Rs 1.25 raise in hydel tariff approved by Nepra

NHP payment to KPK: Rs 1.25 raise in hydel tariff approved by Nepra

National Electric Power Regulatory Authority (Nepra) has accorded approval to an increase in hydel tariff by Rs 1.25 per unit from Rs 1.10 per unit aimed at facilitating payments of Rs 40 billion of Net Hydel Profit (NHP) to KPK as per agreement. With the
Published 27 May, 2016 12:00am
Speculation abounds over new Taliban chief's leaked photo

Speculation abounds over new Taliban chief's leaked photo

An ordinary, albeit strikingly clear, headshot of the secretive Afghan Taliban's newly appointed chieftain has triggered a flurry of speculation over the motive behind its release. A picture of Haibatullah Akhundzada was unofficially circulated on social
Published 27 May, 2016 12:00am
Speculation abounds over new Taliban chief's leaked photo

Speculation abounds over new Taliban chief's leaked photo

An ordinary, albeit strikingly clear, headshot of the secretive Afghan Taliban's newly appointed chieftain has triggered a flurry of speculation over the motive behind its release. A picture of Haibatullah Akhundzada was unofficially circulated on social
Published 27 May, 2016 12:00am
Taliban still bent on violence despite new leadership: Obama

Taliban still bent on violence despite new leadership: Obama

Hopes of negotiating peace with the Afghan Taliban's new leader were swiftly fading from all sides Thursday, as US President Barack Obama warned the extremist movement will continue killing in Afghanistan. Obama told reporters in Japan, where he is meetin
Published 27 May, 2016 12:00am
Taliban still bent on violence despite new leadership: Obama

Taliban still bent on violence despite new leadership: Obama

Hopes of negotiating peace with the Afghan Taliban's new leader were swiftly fading from all sides Thursday, as US President Barack Obama warned the extremist movement will continue killing in Afghanistan. Obama told reporters in Japan, where he is meetin
Published 27 May, 2016 12:00am
Aizaz briefs envoys on US drone attack

Aizaz briefs envoys on US drone attack

Secretary Foreign Affairs Aizaz Chaudhry on Thursday met ambassadors of friendly countries and briefed them on situation in the wake of recent US drone attack in which Taliban Chief Mullah Mansour was killed. Sources said the Foreign Secretary in separate
Published 27 May, 2016 12:00am
Aizaz briefs envoys on US drone attack

Aizaz briefs envoys on US drone attack

Secretary Foreign Affairs Aizaz Chaudhry on Thursday met ambassadors of friendly countries and briefed them on situation in the wake of recent US drone attack in which Taliban Chief Mullah Mansour was killed. Sources said the Foreign Secretary in separate
Published 27 May, 2016 12:00am
BRIndex30 drops 130.62 points

BRIndex30 drops 130.62 points

On Thursday, BRIndex30 opened at 23,036.33. It touched an intraday high of 23,160.13 and an intraday Low of 22,823.27 and closed at 22,905.71 which was -130.62 points or -0.57 percent lower than previous close. Total volume was 142,945,700, which was 67.1
Published 27 May, 2016 12:00am
BRIndex30 drops 130.62 points

BRIndex30 drops 130.62 points

On Thursday, BRIndex30 opened at 23,036.33. It touched an intraday high of 23,160.13 and an intraday Low of 22,823.27 and closed at 22,905.71 which was -130.62 points or -0.57 percent lower than previous close. Total volume was 142,945,700, which was 67.1
Published 27 May, 2016 12:00am
Index gains 41.54 points

Index gains 41.54 points

Pakistan Stock Exchange (PSX) Thursday ended higher led by investors'' interest in select scrips. The benchmark KSE-100 index gained 41.54 points to close at 36,541 points compared to 36,499 points Wednesday. Ahsan Mehanti, analyst at Arif Habib, said tha
Published 27 May, 2016 12:00am
Index gains 41.54 points

Index gains 41.54 points

Pakistan Stock Exchange (PSX) Thursday ended higher led by investors' interest in select scrips. The benchmark KSE-100 index gained 41.54 points to close at 36,541 points compared to 36,499 points Wednesday. Ahsan Mehanti, analyst at Arif Habib, said that
Published 27 May, 2016 12:00am
Index gains 41.54 points

Index gains 41.54 points

Pakistan Stock Exchange (PSX) Thursday ended higher led by investors' interest in select scrips. The benchmark KSE-100 index gained 41.54 points to close at 36,541 points compared to 36,499 points Wednesday. Ahsan Mehanti, analyst at Arif Habib, said that
Published 27 May, 2016 12:00am
China hits back as G7 talk about economy

China hits back as G7 talk about economy

World leaders focused Thursday on pumping up the global economy and worries over the growing clout of China - which promptly told the G7 club of rich nations to mind its own business. Presidents and prime ministers from the Group of Seven huddled in Japan
Published 27 May, 2016 12:00am
China hits back as G7 talk about economy

China hits back as G7 talk about economy

World leaders focused Thursday on pumping up the global economy and worries over the growing clout of China - which promptly told the G7 club of rich nations to mind its own business. Presidents and prime ministers from the Group of Seven huddled in Japan
Published 27 May, 2016 12:00am
China hits back as G7 talk about economy

China hits back as G7 talk about economy

World leaders focused Thursday on pumping up the global economy and worries over the growing clout of China - which promptly told the G7 club of rich nations to mind its own business. Presidents and prime ministers from the Group of Seven huddled in Japan
Published 27 May, 2016 12:00am
Oil dips after hitting $50/bbl as glut worries resurface

Oil dips after hitting $50/bbl as glut worries resurface

Oil prices hit $50 a barrel on Thursday for the first time in seven months, then bounced below that level and settled lower on the day as investors worried robust price gains could encourage more output and add to the global glut. Wildfires in Canada''s o
Published 27 May, 2016 12:00am
Oil dips after hitting $50/bbl as glut worries resurface

Oil dips after hitting $50/bbl as glut worries resurface

Oil prices hit $50 a barrel on Thursday for the first time in seven months, then bounced below that level and settled lower on the day as investors worried robust price gains could encourage more output and add to the global glut. Wildfires in Canada's oi
Published 27 May, 2016 12:00am
Oil dips after hitting $50/bbl as glut worries resurface

Oil dips after hitting $50/bbl as glut worries resurface

Oil prices hit $50 a barrel on Thursday for the first time in seven months, then bounced below that level and settled lower on the day as investors worried robust price gains could encourage more output and add to the global glut. Wildfires in Canada's oi
Published 27 May, 2016 12:00am
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