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Print - 2016-06-15
The Punjab budget

The Punjab budget

The Punjab budget presented by Finance Minister Dr Ayesha Ghous Pasha was in line with several of Prime Minister Nawaz Sharif's policy thrusts in terms of expenditure priorities, prompting her to invoke his name a number of times during her speech. And, l
Published 15 Jun, 2016 12:00am
Case registered against Senator Hamdullah

Case registered against Senator Hamdullah

The City Police on Tuesday registered a case against Jamiat Ulema-e-Islam (JUI-F) Senator Hafiz Hamdullah for allegedly threatening and misbehaving with women rights activist Marvi Sirmed in a television show. A police official said that the capital polic
Published 15 Jun, 2016 12:00am
Case registered against Senator Hamdullah

Case registered against Senator Hamdullah

The City Police on Tuesday registered a case against Jamiat Ulema-e-Islam (JUI-F) Senator Hafiz Hamdullah for allegedly threatening and misbehaving with women rights activist Marvi Sirmed in a television show. A police official said that the capital polic
Published 15 Jun, 2016 12:00am
Handing over of HEC to SPD/PAEC approved by ECC

Handing over of HEC to SPD/PAEC approved by ECC

A meeting of the Economic Co-ordination Committee (ECC) of the Cabinet has approved handing over of Heavy Mechanical Complex of Electrical to Strategic Plans Division (SPD)/PAEC. The meeting of the ECC presided over by Finance Minister Ishaq Dar considere
Published 15 Jun, 2016 12:00am
Handing over of HMC to SPD/PAEC approved by ECC

Handing over of HMC to SPD/PAEC approved by ECC

A meeting of the Economic Co-ordination Committee (ECC) of the Cabinet has approved handing over of Heavy Mechanical Complex of Electrical to Strategic Plans Division (SPD)/PAEC. The meeting of the ECC presided over by Finance Minister Ishaq Dar considere
Published 15 Jun, 2016 12:00am
Handing over of HEC to SPD/PAEC approved by ECC

Handing over of HEC to SPD/PAEC approved by ECC

A meeting of the Economic Co-ordination Committee (ECC) of the Cabinet has approved handing over of Heavy Mechanical Complex of Electrical to Strategic Plans Division (SPD)/PAEC. The meeting of the ECC presided over by Finance Minister Ishaq Dar considere
Published 15 Jun, 2016 12:00am
The Weather

The Weather

The weather report on Tuesday (June 14, 2016) and the forecast for Wednesday (June 15, 2016).

Published 15 Jun, 2016 12:00am
'IS-linked' radical kills two in attack on French police

'IS-linked' radical kills two in attack on French police

A known radical claiming allegiance to the Islamic State group killed a French policeman and his partner in what President Francois Hollande on Tuesday branded a "terrorist act". Monday's assault in a small town north-west of Paris is the first deadly str
Published 15 Jun, 2016 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 15 Jun, 2016 12:00am
'IS-linked' radical kills two in attack on French police

'IS-linked' radical kills two in attack on French police

A known radical claiming allegiance to the Islamic State group killed a French policeman and his partner in what President Francois Hollande on Tuesday branded a "terrorist act". Monday's assault in a small town north-west of Paris is the first deadly str
Published 15 Jun, 2016 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 15 Jun, 2016 12:00am
''Enormous'' inventories to keep lid on oil price: IEA

''Enormous'' inventories to keep lid on oil price: IEA

A huge overhang in oil stocks lingering across the world will keep a cap on any further oil price rises, the IEA said Tuesday, even as supply and demand move towards balance by the end of the year. Global demand for oil is steadily rising thanks to solid
Published 15 Jun, 2016 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (June 14, 2016).

Published 15 Jun, 2016 12:00am
'Enormous' inventories to keep lid on oil price: IEA

'Enormous' inventories to keep lid on oil price: IEA

A huge overhang in oil stocks lingering across the world will keep a cap on any further oil price rises, the IEA said Tuesday, even as supply and demand move towards balance by the end of the year. Global demand for oil is steadily rising thanks to solid
Published 15 Jun, 2016 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (June 14, 2016)

Published 15 Jun, 2016 12:00am
'Enormous' inventories to keep lid on oil price: IEA

'Enormous' inventories to keep lid on oil price: IEA

A huge overhang in oil stocks lingering across the world will keep a cap on any further oil price rises, the IEA said Tuesday, even as supply and demand move towards balance by the end of the year. Global demand for oil is steadily rising thanks to solid
Published 15 Jun, 2016 12:00am
Key executives for DFIs: SBP waives requirement of rotation

Key executives for DFIs: SBP waives requirement of rotation

The State Bank of Pakistan (SBP) on Tuesday announced to waive the requirement of rotation of the "Key Executives" for Development Financial Institutions (DFIs). In order to strengthen corporate governance regime in line with the international best practi
Published 15 Jun, 2016 12:00am
Key executives for DFIs: SBP waives requirement of rotation

Key executives for DFIs: SBP waives requirement of rotation

The State Bank of Pakistan (SBP) on Tuesday announced to waive the requirement of rotation of the "Key Executives" for Development Financial Institutions (DFIs). In order to strengthen corporate governance regime in line with the international best practi
Published 15 Jun, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (June 14, 2016).

Published 15 Jun, 2016 12:00am
Key executives for DFIs: SBP waives requirement of rotation

Key executives for DFIs: SBP waives requirement of rotation

The State Bank of Pakistan (SBP) on Tuesday announced to waive the requirement of rotation of the "Key Executives" for Development Financial Institutions (DFIs). In order to strengthen corporate governance regime in line with the international best practi
Published 15 Jun, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (June 14, 2016).

Published 15 Jun, 2016 12:00am
THE RUPEE: dollar rises
Currency

THE RUPEE: dollar rises

The dollar managed to recover lost ground against the rupee on the money market on Tuesday, dealer said. The rupee drifted lower by 11 paisas versus the dollar for buying at Rs 104.66 and it also shed eight paisas for selling at Rs 104.68, dealer said.
Published 15 Jun, 2016 12:00am
Prime Minister praises Zarb-e-Azb

Prime Minister praises Zarb-e-Azb

Describing the two years of Zarb-e-Azb as an "everlasting tale of human determination, courage, fortitude, bravery and sacrifice" Prime Minister Nawaz Sharif on Tuesday said it would always continue to shine on the pages of our history and would be a sour
Published 15 Jun, 2016 12:00am
THE RUPEE: dollar rises
Currency

THE RUPEE: dollar rises

The dollar managed to recover lost ground against the rupee on the money market on Tuesday, dealer said. The rupee drifted lower by 11 paisas versus the dollar for buying at Rs 104.66 and it also shed eight paisas for selling at Rs 104.68, dealer said.
Published 15 Jun, 2016 12:00am
Nato boosts eastern presence ahead of key summit

Nato boosts eastern presence ahead of key summit

Nato defence ministers on Tuesday approved sending battalions to the three Baltic states and Poland just weeks before a landmark summit in Warsaw endorses a major build-up to counter a more assertive Russia. Russia's 2014 intervention in Ukraine and its a
Published 15 Jun, 2016 12:00am
BRIndex30 rises 208.15 points

BRIndex30 rises 208.15 points

On Tuesday, BRIndex30 opened at 22,248.80 points and remained positive throughout the trading session. It touched an intraday high of 22,537.55 points and an intraday low of 22,391.64 points and closed at 22,456.95 points which was 208.15 points or 0.94 p
Published 15 Jun, 2016 12:00am
BRIndex30 rises 208.15 points

BRIndex30 rises 208.15 points

On Tuesday, BRIndex30 opened at 22,248.80 points and remained positive throughout the trading session. It touched an intraday high of 22,537.55 points and an intraday low of 22,391.64 points and closed at 22,456.95 points which was 208.15 points or 0.94 p
Published 15 Jun, 2016 12:00am
Index hits all-time high

Index hits all-time high

Equities rallied Tuesday to hit a new record. The benchmark KSE1-00 index rose by 538 points or 1.45 percent to 37,518 points under the lead of heavyweights. Analysts attributed the day''s bull-run to Pakistan''s much-anticipated inclusion in the emerging
Published 15 Jun, 2016 12:00am
Index hits all-time high

Index hits all-time high

Equities rallied Tuesday to hit a new record. The benchmark KSE1-00 index rose by 538 points or 1.45 percent to 37,518 points under the lead of heavyweights. Analysts attributed the day's bull-run to Pakistan's much-anticipated inclusion in the emerging m
Published 15 Jun, 2016 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (June 14, 2016).

Published 15 Jun, 2016 12:00am
Index hits all-time high

Index hits all-time high

Equities rallied Tuesday to hit a new record. The benchmark KSE1-00 index rose by 538 points or 1.45 percent to 37,518 points under the lead of heavyweights. Analysts attributed the day's bull-run to Pakistan's much-anticipated inclusion in the emerging m
Published 15 Jun, 2016 12:00am
Pak-US ties: government moves to hire Washington lobbyists

Pak-US ties: government moves to hire Washington lobbyists

Government is looking to hire lobbying firms in Washington after a gap of nearly eight years, seeking to refurbish its image in the United States at a time of deteriorating relations between the allies, two government officials told Reuters on Tuesday. Ti
Published 15 Jun, 2016 12:00am
Pak-US ties: government moves to hire Washington lobbyists

Pak-US ties: government moves to hire Washington lobbyists

Government is looking to hire lobbying firms in Washington after a gap of nearly eight years, seeking to refurbish its image in the United States at a time of deteriorating relations between the allies, two government officials told Reuters on Tuesday. Ti
Published 15 Jun, 2016 12:00am
Rehabilitation plan for FATA: CoAS inaugurates multiple projects

Rehabilitation plan for FATA: CoAS inaugurates multiple projects

General Raheel Sharif, Chief of Army Staff (CoAS), visited forward locations in North and South Waziristan and spent the whole day with the tribes and troops busy in consolidation phase of Operation Zarb-e-Azb. The CoAS was given detailed briefing on ongo
Published 15 Jun, 2016 12:00am
Rehabilitation plan for FATA: CoAS inaugurates multiple projects

Rehabilitation plan for FATA: CoAS inaugurates multiple projects

General Raheel Sharif, Chief of Army Staff (CoAS), visited forward locations in North and South Waziristan and spent the whole day with the tribes and troops busy in consolidation phase of Operation Zarb-e-Azb. The CoAS was given detailed briefing on ongo
Published 15 Jun, 2016 12:00am
Ministry begins review of all trade pacts

Ministry begins review of all trade pacts

The Ministry of Commerce has started a thorough review of all the trade pacts through which Pakistan conducts its trade on preferable terms with other countries on a bilateral basis. The decision was taken by the Minister for Commerce, Engr. Khurram Dastg
Published 15 Jun, 2016 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 15 Jun, 2016 12:00am
Ministry begins review of all trade pacts

Ministry begins review of all trade pacts

The Ministry of Commerce has started a thorough review of all the trade pacts through which Pakistan conducts its trade on preferable terms with other countries on a bilateral basis. The decision was taken by the Minister for Commerce, Engr. Khurram Dastg
Published 15 Jun, 2016 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 15 Jun, 2016 12:00am
Ministry begins review of all trade pacts

Ministry begins review of all trade pacts

The Ministry of Commerce has started a thorough review of all the trade pacts through which Pakistan conducts its trade on preferable terms with other countries on a bilateral basis. The decision was taken by the Minister for Commerce, Engr. Khurram Dastg
Published 15 Jun, 2016 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 15 Jun, 2016 12:00am
Tension mounts on Pak-Afghan border

Tension mounts on Pak-Afghan border

A Pakistani army officer Major Ali Jawad Changezi died on Tuesday after being shot by Afghan forces in a border clash, Pakistan's military said, a development likely to ratchet up tension between the neighbours who sources said were beefing up troop numbe
Published 15 Jun, 2016 12:00am
Tension mounts on Pak-Afghan border

Tension mounts on Pak-Afghan border

A Pakistani army officer Major Ali Jawad Changezi died on Tuesday after being shot by Afghan forces in a border clash, Pakistan's military said, a development likely to ratchet up tension between the neighbours who sources said were beefing up troop numbe
Published 15 Jun, 2016 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 15 Jun, 2016 12:00am
Rs 505 billion KP budget unveiled: PTI too eyes next elections

Rs 505 billion KP budget unveiled: PTI too eyes next elections

Khyber Pakhtunkhwa Finance Minister Muzaffar Said Advocate on Tuesday unveiled a tax-free and balanced budget of Rs 505 billion for the financial year 2016-17 amid an uproar in the KP Assembly. The budget also include a development outlay of Rs 161 billio
Published 15 Jun, 2016 12:00am
Rs 505 billion KP budget unveiled: PTI too eyes next elections

Rs 505 billion KP budget unveiled: PTI too eyes next elections

Khyber Pakhtunkhwa Finance Minister Muzaffar Said Advocate on Tuesday unveiled a tax-free and balanced budget of Rs 505 billion for the financial year 2016-17 amid an uproar in the KP Assembly. The budget also include a development outlay of Rs 161 billio
Published 15 Jun, 2016 12:00am
Rs 505 billion KP budget unveiled: PTI too eyes next elections

Rs 505 billion KP budget unveiled: PTI too eyes next elections

Khyber Pakhtunkhwa Finance Minister Muzaffar Said Advocate on Tuesday unveiled a tax-free and balanced budget of Rs 505 billion for the financial year 2016-17 amid an uproar in the KP Assembly. The budget also include a development outlay of Rs 161 billio
Published 15 Jun, 2016 12:00am
Rs 505 billion KP budget unveiled: PTI too eyes next elections

Rs 505 billion KP budget unveiled: PTI too eyes next elections

Khyber Pakhtunkhwa Finance Minister Muzaffar Said Advocate on Tuesday unveiled a tax-free and balanced budget of Rs 505 billion for the financial year 2016-17 amid an uproar in the KP Assembly. The budget also include a development outlay of Rs 161 billio
Published 15 Jun, 2016 12:00am
CII declares honour killings 'un-Islamic and against law of land'

CII declares honour killings 'un-Islamic and against law of land'

The Council of Islamic (CII) Ideology declared killing in the name of honour as un-Islamic and against the law of the land, in a statement released on Tuesday, according to a private channel. "There are laws in the country to deal with the obscenity and o
Published 15 Jun, 2016 12:00am
CII declares honour killings 'un-Islamic and against law of land'

CII declares honour killings 'un-Islamic and against law of land'

The Council of Islamic (CII) Ideology declared killing in the name of honour as un-Islamic and against the law of the land, in a statement released on Tuesday, according to a private channel. "There are laws in the country to deal with the obscenity and o
Published 15 Jun, 2016 12:00am
ADB VP due today

ADB VP due today

Vice President of Asian Development Bank is scheduled to undertake a week-long visit to Pakistan from June 15. This was announced by Country Director, Asian Development Bank (ADB), Werner Liepach at a meeting with Minister for Finance Senator Ishaq Dar he
Published 15 Jun, 2016 12:00am
US Senate passes $602 billion defence authorisation bill

US Senate passes $602 billion defence authorisation bill

The US Senate voted overwhelmingly on Tuesday to pass a $602 billion defence authorisation bill, despite President Barack Obama's threat to veto the annual policy measure over issues including a ban on closing the Guantanamo military prison. The vote was
Published 15 Jun, 2016 12:00am
US Senate passes $602 billion defence authorisation bill

US Senate passes $602 billion defence authorisation bill

The US Senate voted overwhelmingly on Tuesday to pass a $602 billion defence authorisation bill, despite President Barack Obama's threat to veto the annual policy measure over issues including a ban on closing the Guantanamo military prison. The vote was
Published 15 Jun, 2016 12:00am
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