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Apr 27, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2016-06-22
President for best arrangements for Hajj pilgrims

President for best arrangements for Hajj pilgrims

President Mamnoon Hussain Tuesday directed the Ministry of Religious Affairs to make the best possible arrangements for the Haj pilgrims during the upcoming Hajj season and ensure that Hajis should not face any difficulty in performing Hajj.
Published 22 Jun, 2016 12:00am
Signs of possible North Korea missile launch

Signs of possible North Korea missile launch

North Korea appears to be readying another test of a powerful, new medium-range missile, following a series of failures for a ballistic weapons programme that aspires to threaten the US mainland, multiple reports said Tuesday. Japanese and South Korean me
Published 22 Jun, 2016 12:00am
Four, including German national, die in US heatwave

Four, including German national, die in US heatwave

At least four people, including a German man, have died from the blistering heat that has gripped the western United States and sparked wildfires and evacuations across the region, authorities said Monday. Three hikers and a mountain biker succumbed to th
Published 22 Jun, 2016 12:00am
Five tourists killed in Serbian motorway accident

Five tourists killed in Serbian motorway accident

Five people - three Slovaks and two Czechs - were killed and more than 20 others were injured on Tuesday when their bus swerved off the road in Serbia, officials said. The accident happened at about 0130 GMT near the town of Aleksinac, around 200 kilometr
Published 22 Jun, 2016 12:00am
Trump's $1.3 million campaign funds trounced by Clinton's $42 million

Trump's $1.3 million campaign funds trounced by Clinton's $42 million

Donald Trump will embark on the US presidential campaign with a war chest tens of millions of dollars smaller than that of his well-organised rival Hillary Clinton, financial documents filed Monday show. The presumptive Republican presidential nominee has
Published 22 Jun, 2016 12:00am
Egyptian court quashes handover of Red Sea islands to Saudi Arabia

Egyptian court quashes handover of Red Sea islands to Saudi Arabia

An Egyptian court on Tuesday quashed a government decision to hand over two Red Sea islands to Saudi Arabia, judicial sources said, overruling a deal that had sparked public outrage. President Abdel Fattah al-Sisi announced the controversial accord in Apr
Published 22 Jun, 2016 12:00am
Car bomb kills six Jordan soldiers on Syria border

Car bomb kills six Jordan soldiers on Syria border

A car bomb outside a Syrian refugee camp in Jordan killed six soldiers on Tuesday in a remote desert area where hundreds have been held for screening for suspected jihadist links. There was no immediate claim of responsibility but Jordan is part of the US
Published 22 Jun, 2016 12:00am
Ballistic missile intercepted in Yemen

Ballistic missile intercepted in Yemen

A ballistic missile fired early Tuesday towards the central Yemeni city of Marib has been intercepted, a Saudi-led military coalition battling rebels in the impoverished nation said. The missile was "destroyed with no damage" after its launch at around 12
Published 22 Jun, 2016 12:00am
Discovery of exoplanet sheds light on planet formation

Discovery of exoplanet sheds light on planet formation

Astronomers announced Monday the discovery of the youngest planet ever found outside our solar system, lending new insight into how planetary systems form. The 11 million-year-old exoplanet, named K2-33b, swiftly orbits around its star - K2-33 - in just 5
Published 22 Jun, 2016 12:00am
The Weather

The Weather

The weather report on Monday (June 20, 2016) and the forecast for Tuesday (June 21, 2016).

Published 22 Jun, 2016 12:00am
Index sheds 55 points

Index sheds 55 points

The Karachi share market lost another 55 points to close at 38,415 points Tuesday. The benchmark index showed volatility in the intraday trade amid what equity analysts said consolidation in the futures rollover week. Trade on the futures market stood hig
Published 22 Jun, 2016 12:00am
Index sheds 55 points

Index sheds 55 points

The Karachi share market lost another 55 points to close at 38,415 points Tuesday. The benchmark index showed volatility in the intraday trade amid what equity analysts said consolidation in the futures rollover week. Trade on the futures market stood hig
Published 22 Jun, 2016 12:00am
Index sheds 55 points

Index sheds 55 points

The Karachi share market lost another 55 points to close at 38,415 points Tuesday. The benchmark index showed volatility in the intraday trade amid what equity analysts said consolidation in the futures rollover week. Trade on the futures market stood hig
Published 22 Jun, 2016 12:00am
BRIndex30 sheds 97.63 points

BRIndex30 sheds 97.63 points

On Tuesday, BRIndex30 opened at 22,768.27 points. It touched an intraday high of 22,878.76 points and an intraday low of 22,669.31 points and closed at 22,670.64 points which was -97.63 points or -0.43 percent lower than previous close. Total volume was 1
Published 22 Jun, 2016 12:00am
BRIndex30 sheds 97.63 points

BRIndex30 sheds 97.63 points

On Tuesday, BRIndex30 opened at 22,768.27 points. It touched an intraday high of 22,878.76 points and an intraday low of 22,669.31 points and closed at 22,670.64 points which was -97.63 points or -0.43 percent lower than previous close. Total volume was 1
Published 22 Jun, 2016 12:00am
Commerce minister criticises import tariff regime
Cotton

Commerce minister criticises import tariff regime

Commerce Minister Engineer Khurram Dastgir Khan criticised the import tariff regime, saying that custom duties and tariffs cannot be a source of revenue. Talking to a group of journalists he said that whatever concessions were given and tariffs reduced du
Published 22 Jun, 2016 12:00am
Commerce minister criticises import tariff regime
Cotton

Commerce minister criticises import tariff regime

Commerce Minister Engineer Khurram Dastgir Khan criticised the import tariff regime, saying that custom duties and tariffs cannot be a source of revenue. Talking to a group of journalists he said that whatever concessions were given and tariffs reduced du
Published 22 Jun, 2016 12:00am
Commerce minister criticises import tariff regime
Cotton

Commerce minister criticises import tariff regime

Commerce Minister Engineer Khurram Dastgir Khan criticised the import tariff regime, saying that custom duties and tariffs cannot be a source of revenue. Talking to a group of journalists he said that whatever concessions were given and tariffs reduced du
Published 22 Jun, 2016 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 22 Jun, 2016 12:00am
Sugar export subsidy: SBP announces disbursement yardstick

Sugar export subsidy: SBP announces disbursement yardstick

As the federal government has released Rs 1.625 billion for payment of subsidy on sugar export, the State Bank of Pakistan (SBP) has asked to process the cases of eligible sugar mills for cash subsidy against the export of sugar. The federal government ha
Published 22 Jun, 2016 12:00am
Sugar export subsidy: SBP announces disbursement yardstick

Sugar export subsidy: SBP announces disbursement yardstick

As the federal government has released Rs 1.625 billion for payment of subsidy on sugar export, the State Bank of Pakistan (SBP) has asked to process the cases of eligible sugar mills for cash subsidy against the export of sugar. The federal government ha
Published 22 Jun, 2016 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 22 Jun, 2016 12:00am
Sugar export subsidy: SBP announces disbursement yardstick

Sugar export subsidy: SBP announces disbursement yardstick

As the federal government has released Rs 1.625 billion for payment of subsidy on sugar export, the State Bank of Pakistan (SBP) has asked to process the cases of eligible sugar mills for cash subsidy against the export of sugar. The federal government ha
Published 22 Jun, 2016 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 22 Jun, 2016 12:00am
Board meetings in progress

Board meetings in progress

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

Published 22 Jun, 2016 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 22 Jun, 2016 12:00am
Renewable energy: SBP revises financing scheme

Renewable energy: SBP revises financing scheme

The State Bank of Pakistan (SBP) has announced revision in financing scheme for renewable energy aimed at facilitating borrowers and banks/DFIs. The State Bank announced the scheme for financing power plants using renewable energy in 2009, with a view to
Published 22 Jun, 2016 12:00am
Renewable energy: SBP revises financing scheme

Renewable energy: SBP revises financing scheme

The State Bank of Pakistan (SBP) has announced revision in financing scheme for renewable energy aimed at facilitating borrowers and banks/DFIs. The State Bank announced the scheme for financing power plants using renewable energy in 2009, with a view to
Published 22 Jun, 2016 12:00am
Renewable energy: SBP revises financing scheme

Renewable energy: SBP revises financing scheme

The State Bank of Pakistan (SBP) has announced revision in financing scheme for renewable energy aimed at facilitating borrowers and banks/DFIs. The State Bank announced the scheme for financing power plants using renewable energy in 2009, with a view to
Published 22 Jun, 2016 12:00am
Haqqani reacts to Sartaj's statement

Haqqani reacts to Sartaj's statement

Former Pakistan ambassador to the US, Hussain Haqqani, on Tuesday said he was not lobbying against Pakistan's interests, reacting strongly to Sartaj Aziz's 'allegations' from earlier in the day, according to private TV channel. In his rejoinder, Haqqani s
Published 22 Jun, 2016 12:00am
Germany assures CoAS of support for peace in region

Germany assures CoAS of support for peace in region

Chief of Army Staff (CoAS) General Raheel Sharif on Tuesday met German Foreign Minister Frank-Walter Steinmeier at the German Foreign Ministry. Discussion focused on bilateralism, regional security and peace in region, an ISPR news release here stated. Ge
Published 22 Jun, 2016 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Monday (June 20, 2016).

Published 22 Jun, 2016 12:00am
Germany assures CoAS of support for peace in region

Germany assures CoAS of support for peace in region

Chief of Army Staff (CoAS) General Raheel Sharif on Tuesday met German Foreign Minister Frank-Walter Steinmeier at the German Foreign Ministry. Discussion focused on bilateralism, regional security and peace in region, an ISPR news release here stated. Ge
Published 22 Jun, 2016 12:00am
France's Peugeot-Citroen in 400 million-euro Iran comeback

France's Peugeot-Citroen in 400 million-euro Iran comeback

France's Peugeot-Citroen (PSA) announced its return to Iran on Tuesday, signing a 400-million-euro joint venture with its old partner Iran Khodro in Tehran. The first cars produced under the new venture are set to hit Iranian roads in February, with the a
Published 22 Jun, 2016 12:00am
France's Peugeot-Citroen in 400 million-euro Iran comeback

France's Peugeot-Citroen in 400 million-euro Iran comeback

France's Peugeot-Citroen (PSA) announced its return to Iran on Tuesday, signing a 400-million-euro joint venture with its old partner Iran Khodro in Tehran. The first cars produced under the new venture are set to hit Iranian roads in February, with the a
Published 22 Jun, 2016 12:00am
France''s Peugeot-Citroen in 400 million-euro Iran comeback

France''s Peugeot-Citroen in 400 million-euro Iran comeback

France''s Peugeot-Citroen (PSA) announced its return to Iran on Tuesday, signing a 400-million-euro joint venture with its old partner Iran Khodro in Tehran. The first cars produced under the new venture are set to hit Iranian roads in February, with the
Published 22 Jun, 2016 12:00am
Lower rate of duty: importers await passage of money bill

Lower rate of duty: importers await passage of money bill

The importers have stopped clearance of shipment of items on which customs duty has been reduced from 5 to 3 percent in budget (2016-17), as they are waiting for the passage of Finance Bill 2016 for applicability of lower rate of 3 percent on imported ite
Published 22 Jun, 2016 12:00am
THE RUPEE: firm trend
Currency

THE RUPEE: firm trend

A kind of firmness prevailed on the money market on Tuesday as the rupee managed to gain slightly against the dollar in the process of trading, dealer said. The rupee rose by four paisas versus the dollar for buying and selling at Rs 104.72 and Rs 104.73
Published 22 Jun, 2016 12:00am
Lower rate of duty: importers await passage of money bill

Lower rate of duty: importers await passage of money bill

The importers have stopped clearance of shipment of items on which customs duty has been reduced from 5 to 3 percent in budget (2016-17), as they are waiting for the passage of Finance Bill 2016 for applicability of lower rate of 3 percent on imported ite
Published 22 Jun, 2016 12:00am
THE RUPEE: firm trend
Currency

THE RUPEE: firm trend

A kind of firmness prevailed on the money market on Tuesday as the rupee managed to gain slightly against the dollar in the process of trading, dealer said. The rupee rose by four paisas versus the dollar for buying and selling at Rs 104.72 and Rs 104.73
Published 22 Jun, 2016 12:00am
Lower rate of duty: importers await passage of money bill

Lower rate of duty: importers await passage of money bill

The importers have stopped clearance of shipment of items on which customs duty has been reduced from 5 to 3 percent in budget (2016-17), as they are waiting for the passage of Finance Bill 2016 for applicability of lower rate of 3 percent on imported ite
Published 22 Jun, 2016 12:00am
Lower rate of duty: importers await passage of money bill

Lower rate of duty: importers await passage of money bill

The importers have stopped clearance of shipment of items on which customs duty has been reduced from 5 to 3 percent in budget (2016-17), as they are waiting for the passage of Finance Bill 2016 for applicability of lower rate of 3 percent on imported ite
Published 22 Jun, 2016 12:00am
Rs 3.32 refund approved by Nepra

Rs 3.32 refund approved by Nepra

National Electric Power Regulatory Authority (Nepra) on Tuesday approved refund of Rs 3.32 per unit to the consumers under monthly fuel adjustment mechanism overcharged by the Distribution Companies (Discos) in May 2016. The decision was taken at a public
Published 22 Jun, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (June 20, 2016).

Published 22 Jun, 2016 12:00am
Rs 3.32 refund approved by Nepra

Rs 3.32 refund approved by Nepra

National Electric Power Regulatory Authority (Nepra) on Tuesday approved refund of Rs 3.32 per unit to the consumers under monthly fuel adjustment mechanism overcharged by the Distribution Companies (Discos) in May 2016. The decision was taken at a public
Published 22 Jun, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (June 20, 2016).

Published 22 Jun, 2016 12:00am
Rs 3.32 refund approved by Nepra

Rs 3.32 refund approved by Nepra

National Electric Power Regulatory Authority (Nepra) on Tuesday approved refund of Rs 3.32 per unit to the consumers under monthly fuel adjustment mechanism overcharged by the Distribution Companies (Discos) in May 2016. The decision was taken at a public
Published 22 Jun, 2016 12:00am
Top German court clears ECB's OMT scheme with minor limits

Top German court clears ECB's OMT scheme with minor limits

Germany's Constitutional Court rejected on Tuesday a challenge of the European Central Bank's emergency bond-buying scheme, placing only minor limits on the Bundesbank's participation in the not-yet-used crisis fighting tool. Conceived at the height of Eu
Published 22 Jun, 2016 12:00am
Top German court clears ECB's OMT scheme with minor limits

Top German court clears ECB's OMT scheme with minor limits

Germany's Constitutional Court rejected on Tuesday a challenge of the European Central Bank's emergency bond-buying scheme, placing only minor limits on the Bundesbank's participation in the not-yet-used crisis fighting tool. Conceived at the height of Eu
Published 22 Jun, 2016 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (June 20, 2016)

Published 22 Jun, 2016 12:00am
Top German court clears ECB''s OMT scheme with minor limits

Top German court clears ECB''s OMT scheme with minor limits

Germany''s Constitutional Court rejected on Tuesday a challenge of the European Central Bank''s emergency bond-buying scheme, placing only minor limits on the Bundesbank''s participation in the not-yet-used crisis fighting tool. Conceived at the height of
Published 22 Jun, 2016 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (June 20, 2016).

Published 22 Jun, 2016 12:00am
Top German court clears ECB''''s OMT scheme with minor limits

Top German court clears ECB''''s OMT scheme with minor limits

Germany''''s Constitutional Court rejected on Tuesday a challenge of the European Central Bank''''s emergency bond-buying scheme, placing only minor limits on the Bundesbank''''s participation in the not-yet-used crisis fighting tool. Conceived at the hei
Published 22 Jun, 2016 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 22 Jun, 2016 12:00am
British man charged after bid to 'kill Trump'

British man charged after bid to 'kill Trump'

A 19-year-old British man has been charged for trying to grab a police officer's gun at a Donald Trump rally in Las Vegas in a bid to kill the presumptive Republican presidential nominee. According to a complaint filed in federal court in Nevada, Michael
Published 22 Jun, 2016 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 22 Jun, 2016 12:00am
British man charged after bid to 'kill Trump'

British man charged after bid to 'kill Trump'

A 19-year-old British man has been charged for trying to grab a police officer's gun at a Donald Trump rally in Las Vegas in a bid to kill the presumptive Republican presidential nominee. According to a complaint filed in federal court in Nevada, Michael
Published 22 Jun, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (June 20, 2016).

Published 22 Jun, 2016 12:00am
Senate body seeks details about NAB chief

Senate body seeks details about NAB chief

Senate Standing Committee on Law and Justice on Tuesday sought the details of alleged illegal withdrawal of pension by National Accountability Bureau's (NAB) Chairman Qamar Zaman Chaudhry for the last 24 years by submitting a false affidavit declaring tha
Published 22 Jun, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (June 20, 2016).

Published 22 Jun, 2016 12:00am
Senate body seeks details about NAB chief

Senate body seeks details about NAB chief

Senate Standing Committee on Law and Justice on Tuesday sought the details of alleged illegal withdrawal of pension by National Accountability Bureau's (NAB) Chairman Qamar Zaman Chaudhry for the last 24 years by submitting a false affidavit declaring tha
Published 22 Jun, 2016 12:00am
KPK CM's performance: PTI chief eases concerns of MNAs

KPK CM's performance: PTI chief eases concerns of MNAs

The five disgruntled Pakistan Tehreek-e-Insaf (PTI) members of national assembly have informed party chairman Imran Khan that change in the province in the presence of chief minister Khattak was a 'wishful thinking'. The MNAs Dawar Kundi, Amirullah Marwat
Published 22 Jun, 2016 12:00am
Bank AL Habib, Wemsol collaborate to launch merchant acquiring business

Bank AL Habib, Wemsol collaborate to launch merchant acquiring business

Bank AL Habib Limited recently announced the launch of its POS acquiring business in an exclusive collaboration with Wemsol (Pvt) Ltd, owned by the reputable Machyara Group. Through this launch, Bank AL Habib has become only the fifth bank in Pakistan to
Published 22 Jun, 2016 12:00am
Imran appoints Qureshi, Tareen as PTI's vice-chairman, SG

Imran appoints Qureshi, Tareen as PTI's vice-chairman, SG

Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan on Tuesday appointed Shah Mehmood Qureshi and Jahanagir Khan Tareen as vice chairman and secretary general of the party, respectively. A spokesman of the party said that the intra-party elections of PTI w
Published 22 Jun, 2016 12:00am
Growers urged to schedule irrigation plans in view of rains

Growers urged to schedule irrigation plans in view of rains

The Met Office on Tuesday asked the farmers depending on tube-wells to schedule their crops irrigations ahead of the expected rainy spell. It urged that farmers should control further weeds growth at the present stages to stop any negative impact on crops
Published 22 Jun, 2016 12:00am
President for measures to help women, children in prisons

President for measures to help women, children in prisons

President Mamnoon Hussain on Tuesday urged concerted and effective measures to ameliorate the condition of women and children in the prisons and noted with appreciation the practical steps taken by the Wafaqi Mohtasib in this regard. The President was add
Published 22 Jun, 2016 12:00am
QAU inaugurates Golden Jubilee celebrations

QAU inaugurates Golden Jubilee celebrations

Quaid-e-Azam University (QAU) has inaugurated year-long celebrations for 50th year of its establishment. A ceremony in this regard was held on the campus to formally announce the commencement of the Golden Jubilee Year of QAU. Professor Dr Mukhtar Ahmed,
Published 22 Jun, 2016 12:00am
KP Assembly adjourned due to scuffle among PTI MPAs

KP Assembly adjourned due to scuffle among PTI MPAs

Ruling Pakistan Tehrik-e-Insaf's legislators once again scuffled in Khyber Pakhtunkhwa Assembly leaving the Speaker Asad Qaiser with no option but to adjourn the proceedings of the House due to which demands of various departments for grants couldn't have
Published 22 Jun, 2016 12:00am
Steel sector: FBR asked to levy identical ST rate on all units

Steel sector: FBR asked to levy identical ST rate on all units

The Competition Commission of Pakistan (CCP) has recommended the Federal Board of Revenue (FBR) that all units in the steel sector be charged sales tax on the same basis rather than differentiating on the source of power they use for production and remove
Published 22 Jun, 2016 12:00am
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