On Monday, BRIndex30 opened at 22,300.66 points. It touched an intraday high of 22,304.03 points and an intraday low of 21,969.87 points and closed at 22,248.80 points which was -51.86 points or -0.23 percent lower than previous close. Total volume was 10
With all eyes on Pakistan''s likely upgradation to MSCI emerging market status, Monday saw the volatile equities settling in the green. Moving both ways in the intraday trade, the benchmark KSE-100 index ended 39 points higher at 36,980 compared to 36,941
With all eyes on Pakistan's likely upgradation to MSCI emerging market status, Monday saw the volatile equities settling in the green. Moving both ways in the intraday trade, the benchmark KSE-100 index ended 39 points higher at 36,980 compared to 36,941
With all eyes on Pakistan's likely upgradation to MSCI emerging market status, Monday saw the volatile equities settling in the green. Moving both ways in the intraday trade, the benchmark KSE-100 index ended 39 points higher at 36,980 compared to 36,941
Foreign Secretary Aizaz Chaudhry said on Monday that Pakistan has not handed over the Angoor Adda checkpost to Afghanistan. Clarifying the situation, Foreign Secretary further explained before a joint meeting of Senate Standing Committee on Defence and Fo
Foreign Secretary Aizaz Chaudhry said on Monday that Pakistan has not handed over the Angoor Adda checkpost to Afghanistan. Clarifying the situation, Foreign Secretary further explained before a joint meeting of Senate Standing Committee on Defence and Fo
The Punjab government has announced a Rs 550 billion Annual Development Programme (ADP) for the fiscal year 2016-17. The social sector has received the highest priority (31 percent) followed by physical infrastructure. Having achieved the critical mass of
The Punjab government has announced a Rs 550 billion Annual Development Programme (ADP) for the fiscal year 2016-17. The social sector has received the highest priority (31 percent) followed by physical infrastructure. Having achieved the critical mass of
The Punjab government has announced a Rs 550 billion Annual Development Programme (ADP) for the fiscal year 2016-17. The social sector has received the highest priority (31 percent) followed by physical infrastructure. Having achieved the critical mass of
The Punjab government has announced a Rs 550 billion Annual Development Programme (ADP) for the fiscal year 2016-17. The social sector has received the highest priority (31 percent) followed by physical infrastructure. Having achieved the critical mass of
The Punjab government on Monday presented a development-oriented budget with a total outlay of Rs 1681.41billion for fiscal year 2016-17. This is the fourth budget of 16th Punjab Assembly chaired by Speaker Rana Muhammad Iqbal and presented by Finance Min
The Punjab government on Monday presented a development-oriented budget with a total outlay of Rs 1681.41billion for fiscal year 2016-17. This is the fourth budget of 16th Punjab Assembly chaired by Speaker Rana Muhammad Iqbal and presented by Finance Min
The Punjab government on Monday presented a development-oriented budget with a total outlay of Rs 1681.41billion for fiscal year 2016-17. This is the fourth budget of 16th Punjab Assembly chaired by Speaker Rana Muhammad Iqbal and presented by Finance Min
The Punjab government on Monday presented a development-oriented budget with a total outlay of Rs 1681.41billion for fiscal year 2016-17. This is the fourth budget of 16th Punjab Assembly chaired by Speaker Rana Muhammad Iqbal and presented by Finance Min
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
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
PCMA is an association comprising honest and dedicated entrepreneur people and it is the matter of incredible joy for me to backing such association for the improvement of chemical industry of Pakistan. PCMA is framed to determine the issues in chemical i
As SVP of PCMA, I feel truly pleased to be the part of an association that with a more extensive vision is prepared to assume a noteworthy part in chemical industry of Pakistan. Chemical industry is a noteworthy supporter to the world's economy where the
Pakistan is confronting numerous issues in chemical industry and this is the best time to make a stride towards the progression and PCMA is precisely that one step we required. We need new investment and augmenting Research and Development in Pakistani ch
I, Mian Muhammad Adrees (Chairman PCMA), take immense pride and pleasure to inform you regarding the establishment of Pakistan Chemical Manufacturer Association (PCMA), this introductory communication will share PCMA's vision and will briefly touch upon t
On May 10, 2016, PCMA organised an all Pakistan get-together of Chemical Manufacturers at PC Lahore where in more that 70 CEOs/representatives of chemical companies participated. The slogan shared in the event was LARGEST INDUSTRIAL SECTOR OF PAKISTAN- R
INTRODUCTION: PCMA came into being in August 2015 after lots of deliberation and hard work of its Hon'ble founder members with its head office at Lahore while its associated office established in Karachi.
The Company: The Group's entry into the cement sector came through the acquisition of Pakland Cement Limited, Karachi and Saadi Cement Limited, Hattar on May 17, 2004. The two entities were amalgamated to form Dewan Cement Ltd.
Company Profile: Thatta Cement Company Limited is a leading Pakistani cement manufacturer with a range of specialist products to its name, for use in various challenging environmental situations.
Lucky Cement Limited (LUCK: psx) isone of Pakistan's largest producers and leading exporter of quality cement with the production capacity of 7.75 million tons per annum. The Company is listed on Pakistan and London Stock Exchanges.
Cement is a strap used to connect the world through roads, highways, motorways and runways. It is a common construction material that is blended with other materials to build and upgrade the physical infrastructure to make modern life possible and is very
Infrastructure is a backbone of social-economic development of any country and its institutions. A nation can not be self reliant unless it evolves a large scale infrastructure network. The construction industry is very important for country's economic gr
It was a red letter day in the history of industrial relations in Pakistan when a National Industrial Relations and Provincial Tripartite Labour Convention was organizedon 19th and 20th May 2016 by Employers' Federation of Pakistan in collaboration with t
Established in the year 1950, a company incorporated under the Companies Ordinance 1984, the Employers Federation of Pakistan is the only body of employers in Pakistan which is a member of International Organisation of Employers (IOE) based in Genevaaffil
WHEREAS: The recurrent disaster since 2005 has inflicted huge human and financial losses to communities in Pakistan with a minimum monetized value of losing to agriculture and livestock totalling plus 7 billion dollars only in the Province of Sindh.
An employment, productivity, and welfare oriented labour policy should be drawn at the federal/ Provincial level with consensus of stakeholders and uniformly implemented at the federal/ provincial levels through legislation to address, among others the
It was on 14th January, 2009 when the Employers' Federation of Pakistan (EFP) in collaboration with the International Labour Organisation (ILO) took the initiative of convening the first National Industrial Relations Conference with the theme of 'Making I
I, on my own behalf and on behalf of the Employers' Federation of Pakistan, feel it my distinct privilege to inform that the first ever Event after the devolution of labour to provinces in the form of this National Industrial Relations and Provincial Trip
On Friday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 5,648 million and the number of lots traded was 12,166. PMEX Commodity Index closed at 2,889. Major business was contributed by gold amounting to PKR 2,413 million followed by currenc
Asia's gasoil crack for the benchmark 500ppm grade remained on Friday near the $12 a barrel mark it has occupied for over two weeks versus an average of $9.8 for the first half of May, giving most refiners the incentive to run at high rates, traders said.
Export premiums for soyabeans shipped from the US Gulf Coast held steady on Friday on solid demand from overseas buyers for near term cargoes and post-harvest shipments amid high prices for South American soyabeans, traders said.
European wheat prices fell on Friday after the US Department of Agriculture (USDA) raised its forecast for global wheat production in 2016/17. September milling wheat on the Paris-based Euronext exchange ended 2.50 euros lower at 168.50 euros a tonne.
The Karachi Port handled 135,772 tonnes of cargo comprising 110,346 tonnes of import cargo and 25,426 tonnes of export cargo including 6,153 loaded and empty containers during the last 48 hours ending at 0700 hours on Monday. The total import cargo of 110
Spot basis bids for hard red winter wheat in the southern US Plains were steady to weak on Friday, partly reflecting sales led by the steep drop in futures prices, merchants said. K.C. July HRW wheat sank to a one-week low, hit by profit-taking following
Spot basis for corn and soyabean bids around the US Midwest were generally steady on Friday as farmers and futures traders digested the government's monthly crop report issued at midday, said dealers. Chicago Board of trade corn settled down slightly on p
ICE Canadian canola futures traded mixed on Friday, registering a weekly gain in the nearby contract. Support for canola came from a tightening of US soyabean supplies, measured by a US government report, and a weaker Canadian dollar. US Department of Agr
Indian soyabean futures gained on Monday after a delay in the arrival of monsoon rains in key soyabean growing areas raised expectations of lower output, traders said. The July soyabean contract on the National Commodity & Derivatives Exchange rose 2.77 p
Some changes were seen on the wholesale grain market on Monday as most of the leading buyers kept on the sidelines on lack of fresh leads, dealers said. On the cereals side, Moong Punjab and Afghan gained Rs 1000 to Rs 10000 and Rs 10500, wheat new Bardan
Abundant rains and sun last week in Ivory Coast's cocoa growing regions helped many flowers turn into small pods at the end of the April-to-September mid-crop, farmers said on Monday. The rains were largely welcome for farmers in the world's top cocoa pro
Asia's naphtha crack extended gains to reach a three-session high of $45.68 a tonne after hitting a 17-month low on June 7 as heavy supplies dragged. Demand for naphtha from South Korea, however, has been healthy, with Lotte Chemical buying naphtha for ar
US natural gas futures' forward curve unusually flipped into backwardation this week as prices for next year were boosted by concerns over a sharp increase in demand and the first anticipated fall in production in over a decade. The forward curve for gas
The July was unchanged on the forward cottonseeds oilcake market on Monday in the process of trading, dealers said. The July vaida settled at Rs 2049.80 on Saturday and it commenced at the same level in wee hours, they added.
Trade activity improved on the cotton market on Monday despite slow supply of seed cotton, dealers said. The official spot rate was unchanged at Rs 5,500, dealers said. In Sindh, low type of seed cotton price rose by Rs 100 to Rs 3000 and better quality w
A French court on Monday jailed two British men for their role in the Marseille fan battles before the England-Russia Euro 2016 match. Ian Hepworth, a 41-year-old psychiatric nurse was sentenced to three months in prison. Alexander Booth, a 20-year-old ch
Bastian Schweinsteiger had time for three touches of the ball and scored with one as world champions Germany started their European Championship campaign with a 2-0 win over Ukraine. The 31-year-old Manchester United midfielder came on in the 90th minute
Reigning champions Spain left it late but Gerard Pique's 87th-minute header earned them a deserved 1-0 victory over a dogged Czech Republic in their Euro 2016 Group D opener on Monday. Pique headed in Andres Iniesta's "incredible" cross to give Czech goal
A buying spree in the Asia-Pacific region propelled double-digit growth in the global arms market last year to a record $65 billion (57.7 billion euros), defence analysts IHS Jane's said Monday. Defence imports by Asia-Pacific nations soared 71 percent in
Airbus Helicopters , the world's largest supplier of commercial helicopters, finalised an agreement on Monday to build an assembly line in China as part of a deal to sell 100 H135 helicopters to a local consortium. The helicopter sale is worth 700 million
Microsoft said Monday it was buying the professional social network LinkedIn for $26.2 billion in cash, a move that helps refocus the US tech giant around cloud computing and services. With its biggest-ever acquisition and one of the largest in the tech s
Scandinavian airline SAS cancelled Monday a majority of its Swedish and European flights after pilots rejected an improved pay offer and their strike pushed into a fourth day. SAS said some 230 flights and 27,000 passengers would be affected by Monday's a
Opec said Monday a supply glut in the world's oil market is likely to shrink further, leading to a more balanced market by the end of the year. "The excess supply in the market is likely to ease over the coming quarters," the Organisation of the Petroleum
Eurozone banks may face added scrutiny and supervisory measures if they do not follow non-mandatory guidance on their capital levels, Daniele Nouy, the European Central Bank's top supervisor said on Monday. While overall capital requirements may not rise
India's consumer prices rose faster than expected in May due to higher food prices, official figures showed Monday, which will likely hold off an increase in interest rates. The inflation rate increased by 5.76 percent from a year earlier, substantially h
The European Central Bank said Monday it bought 348 million euros ($393 million) worth of corporate bonds on the first day of including company debt in its extended asset purchase programme known as QE or quantitative easing. The ECB recently decided to e
The European Central Bank said Monday it bought 348 million euros ($393 million) worth of corporate bonds on the first day of including company debt in its extended asset purchase programme known as QE or quantitative easing. The ECB recently decided to e
Fitch on Monday cut its outlook for Japan, citing Tokyo's decision to postpone a sales tax hike seen as critical to paying down one of the world's biggest national debts. The company said it was changing its view to negative from stable but left Japan's "
Fitch on Monday cut its outlook for Japan, citing Tokyo's decision to postpone a sales tax hike seen as critical to paying down one of the world's biggest national debts. The company said it was changing its view to negative from stable but left Japan's "
Car sales in China, the world's top auto market, increased at a faster pace in May than the previous month, an industry group reported Monday, despite continued woes in the country's economy. A total of 2.09 million vehicles were sold in China last month,
Goldman Sachs exploited inexperienced staff at Libya's sovereign wealth fund to clinch "inappropriate" deals which cost the fund $1.2 billion (1.5 billion euros), lawyers claimed at London's High Court Monday. The high-profile trial promises a rare glimps
Goldman Sachs exploited inexperienced staff at Libya's sovereign wealth fund to clinch "inappropriate" deals which cost the fund $1.2 billion (1.5 billion euros), lawyers claimed at London's High Court Monday. The high-profile trial promises a rare glimps
China's fixed asset investment, an important gauge of infrastructure spending, slowed to its weakest pace in 16 years, government statistics showed Monday, a worrying trend despite other signs of economic stabilisation in the Asian giant. The moderation c