News Archives for Print - 2016-09-21 - Business Recorder

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Print - 2016-09-21

Research related to space sciencesP: President underscores need for greater focus on education

Research related to space sciencesP: President underscores need for greater focus on education

President Mamnoon Hussain on Tuesday emphasised on focusing on education and research related to space sciences and devising solid plans to improve the skills of young scientists to attain self-sufficiency. The President expressed these views at the inaug

Published 21 Sep, 2016 12:00am

'KE Head Office was not raided by NAB'

'KE Head Office was not raided by NAB'

K-Electric has issued a press statement stating that there was no raid conducted by NAB (National Accountability Bureau) at KE Head Office. KE spokesperson added that different organisations conduct routine visits which should not be considered as raids.

Published 21 Sep, 2016 12:00am

PS-127: ECP declares Ghulam Murtaza as returned candidate

PS-127: ECP declares Ghulam Murtaza as returned candidate

The Election Commission of Pakistan (ECP) on Tuesday announced the name of Ghulam Murtaza Baloch as the candidate returned to the Provincial Assembly from the constituency PS-127 Malir, Karachi- XXXIX, said a notification issued here. Pakistan Peoples Par

Published 21 Sep, 2016 12:00am

Iran detains 2 militants near border

Iran detains 2 militants near border

Iranian media says the Revolutionary Guard has detained two Sunni militants near the border with Pakistan, where clashes erupted earlier this month. The semi-official Fars news agency said Tuesday that the Guard seized weapons and ammunition, and defused

Published 21 Sep, 2016 12:00am

Sindh government asked to file reply on cabinet strength

Sindh government asked to file reply on cabinet strength

The Sindh High Court on Tuesday granted time to Sindh government to file reply on a petition challenging the appointment of excess number of advisers and special assistants by the Sindh Chief Minister Murad Ali Shah. The petitioner Molvi Iqbal Haider had

Published 21 Sep, 2016 12:00am

Jobs abroad: 946,571 workers registered in 2015

Jobs abroad: 946,571 workers registered in 2015

As many as 946,571 workers from all over the country had been registered abroad for seeking different jobs during last year (2015). About 752,466 workers immigrated to different countries during the year 2014 and 622,714 during 2013, said an official of P

Published 21 Sep, 2016 12:00am

UBL wins 'Top Companies of the Year' award for 2015

UBL wins 'Top Companies of the Year' award for 2015

UBL has won the Pakistan Stock Exchange (PSX) "Top Companies of the Year" Award for 2015. The award was presented at a ceremony held in Karachi recently. Prime Minister Nawaz Sharif, who was the Chief Guest at the event, gave away the awards. Wajahat Husa

Published 21 Sep, 2016 12:00am

UBL wins 'Top Companies of the Year' award for 2015

UBL wins 'Top Companies of the Year' award for 2015

UBL has won the Pakistan Stock Exchange (PSX) "Top Companies of the Year" Award for 2015. The award was presented at a ceremony held in Karachi recently. Prime Minister Nawaz Sharif, who was the Chief Guest at the event, gave away the awards. Wajahat Husa

Published 21 Sep, 2016 12:00am

Dawood Foundation announces 'Magnifi-Science' exhibition

Dawood Foundation announces 'Magnifi-Science' exhibition

The Dawood Foundation (TDF) is organising a science exhibition on Magnifi-Science at Dawood Public School from September 23rd to 25th. TDF Magnifi-Science is sponsored by Dawood Hercules Corp and Engro Corp while HUBCO is participating as supporting spons

Published 21 Sep, 2016 12:00am

Two killed in mosque roof collapse

Two killed in mosque roof collapse

Two children killed while two others injured after the roof of a masque collapsed in the jurisdictions of Malir, Khokrapar police station here on Tuesday. Police said the roof of Madina Masque abruptly fell down leaving Mohammad Abbas,12, son of Muhammad

Published 21 Sep, 2016 12:00am

PHMA polls: EDG candidates elected unopposed

PHMA polls: EDG candidates elected unopposed

In the Annual Elections of PHMA (Southern Zone) 2016-17, Export Development Group (EDG) candidates have been elected unopposed. The Election Commission of PHMA (Southern Zone) declared the following candidates as unopposed. The successful EDG candidates i

Published 21 Sep, 2016 12:00am

Ghinwa demands reinvestigation into Murtaza murder case

Ghinwa demands reinvestigation into Murtaza murder case

Pakistan People's Party-Shaheed Bhutto (PPP-SB) Chairperson Ghinwa Bhutto has called for re-investigation of Mir Murtaza Bhutto murder case. Addressing a largely-attend public gathering at Garhi Khuda Bux on the eve of the 20th anniversary of her husband'

Published 21 Sep, 2016 12:00am

JI chief for revisiting foreign policy

JI chief for revisiting foreign policy

Jamaat-e-Islami Ameer Senator Sirajul Haq has called upon the Pakistani government to revisit its foreign policy including the one for Afghanistan. Talking to Advisor for Afghan Affairs Shabbir Ahmed Khan on Tuesday, he said that the foreign policy of a c

Published 21 Sep, 2016 12:00am

ITA ready to suspend trade with Pakistan if asked by government

ITA ready to suspend trade with Pakistan if asked by government

The apex body of tea planters of India on Tuesday said it was ready to suspend trade with Pakistan if the Indian government wished so. As per detail, the Indian Tea Association (ITA) has decided in a meeting that in the wake of new terror attack in Jammu

Published 21 Sep, 2016 12:00am

Eligibility of SPSC chief: CJP takes suo motu notice

Eligibility of SPSC chief: CJP takes suo motu notice

The Chief Justice of Pakistan (CJP) on Tuesday took a suo motu action regarding eligibility of the Chairman and members of Sindh Public Services Commission (SPSC). The CJP took notice on receipt of an application and fixed the matter for hearing on Septem

Published 21 Sep, 2016 12:00am

'Fate of deferred refund cases should be decided once and for all'

'Fate of deferred refund cases should be decided once and for all'

The fate of deferred refund claims should be decided once and for all which are pending since 2003 and belong to the small and medium enterprises from Gujranwala, Faisalabad and Sialkot, said exporters from value-added textile industry. It may be noted th

Published 21 Sep, 2016 12:00am

CM Punjab speaks about challenges of terrorism, extremism

CM Punjab speaks about challenges of terrorism, extremism

Punjab Chief Minister Muhammad Shahbaz Sharif has said that terrorist and extremist mentality is mega biggest threat to world peace while poverty, injustice, ignorance, deprivation as well as aggressive and expansionist designs were a massive hurdle in th

Published 21 Sep, 2016 12:00am

Supreme Court directs Sindh government to form service rules for SBCA

Supreme Court directs Sindh government to form service rules for SBCA

The Supreme Court on Tuesday directed the Sindh government for the formation of service rules for Sindh Building Control Authority (SCBA) and other departments. The three-member bench of the apex court headed by Justice Amir Hani Muslim and comprising Jus

Published 21 Sep, 2016 12:00am

Cancellation of MQM's registration: LHC seeks reply from federal government

Cancellation of MQM's registration: LHC seeks reply from federal government

The chief justice of Lahore High Court on Tuesday sought a detailed reply from the federal government by October 5, on a petition seeking cancellation of the MQM registration as a political party. The chief justice, however, referred the matter to a full

Published 21 Sep, 2016 12:00am

UK committed to long-term partnership with Pakistan: Ben French

UK committed to long-term partnership with Pakistan: Ben French

The British government is fully supporting the welfare-oriented policies of the provincial government in different sectors and the Department for International Development (DFID) will continue to extend its cooperation. The provincial representative of th

Published 21 Sep, 2016 12:00am

Sections of Motorways to be closed for two days

Sections of Motorways to be closed for two days

Sections of Motorway from Islamabad to Lahore and Peshawar will remain closed for all kinds of traffic due to construction work on September 21 and 22. Motorway Islamabad-Peshawar (M-1) Burhan to Swabi section will be barred for traffic on September 21 fr

Published 21 Sep, 2016 12:00am

Wassan sees a major change within 10 days

Wassan sees a major change within 10 days

Provincial minister Mazoor Wassan is not in a mood to stop dreaming and his antics continue to amuse everyone. The PPP leader came up with a new story about a change. However this time the big change (according to Manzoor Wassan) would come in December. "

Published 21 Sep, 2016 12:00am

Makhdoom Jamil meets Bilawal

Makhdoom Jamil meets Bilawal

Sindh Minister for Revenue and Relief Makhdoom Jamiluz Zaman called on Chairman Pakistan People's Party Bilawal Bhutto Zardari at Bilawal House here on Tuesday. Makhdoom Jamiluz Zaman briefed the PPP Chairman about the progress made in the digitalisation

Published 21 Sep, 2016 12:00am

LHC seeks reply from government in plea against children's kidnapping

LHC seeks reply from government in plea against children's kidnapping

The Lahore High Court on Tuesday sought reply from the Punjab government on October 27 in a petition seeking security for school-going children. The court also directed the government to submit report about appointment of security guards at busses, vans a

Published 21 Sep, 2016 12:00am

Nawaz, Erdogan discuss regional, South Asian situation: Turkey to make arrangements for sending fact-finding mission to IoK

Nawaz, Erdogan discuss regional, South Asian situation: Turkey to make arrangements for sending fact-finding mission to IoK

Prime Minister Muhammad Nawaz Sharif has conveyed the sense of relief and strong sentiment of support on behalf of Pakistani people to Turkish President Recep Tayyip Erdogan on his successful handling of the coup. Prime Minister Nawaz Sharif met Turkish P

Published 21 Sep, 2016 12:00am

Contact Group on Jammu and Kashmir: OIC body reaffirms its solidarity with Kashmiri people

Contact Group on Jammu and Kashmir: OIC body reaffirms its solidarity with Kashmiri people

The OIC Contact Group on Jammu and Kashmir met on the sidelines of the UN General Assembly, in New York. Chaired by Secretary General of the OIC, Iyad Ameen Madani, the meeting was attended by the Adviser to the Prime Minister on Foreign Affairs, Foreign

Published 21 Sep, 2016 12:00am

HEC should formulate Strategic Framework-2025: Ahsan Iqbal

HEC should formulate Strategic Framework-2025: Ahsan Iqbal

Federal Minister Planning, Development & Reform Professor Ahsan Iqbal today asked Higher Education Commission (HEC) to devise a Strategic Framework-2025 for higher education to make it compatible with the world-wide evolving trends. The fast changing deve

Published 21 Sep, 2016 12:00am

PTI AJK President to protest against Indian atrocities

PTI AJK President to protest against Indian atrocities

Former AJK Prime Minister and current PTI AJK President Barrister Sultan Mahmood Chaudhary on Monday announced to stage a strong protest demonstration in front of United Nations General Assembly building on September 26 against Indian atrocities in Occupi

Published 21 Sep, 2016 12:00am

South Asian region has potential to promote medical tourism: experts

South Asian region has potential to promote medical tourism: experts

South Asian region has significant potential to promote medical tourism and can save billion of dollars annually by mutual cooperation, health experts said on Tuesday. Discussion with health experts revealed that annually thousands of patients from the So

Published 21 Sep, 2016 12:00am

LBF promises to abolish fee on all services

LBF promises to abolish fee on all services

The Lahore Businessmen Front (LBF) has announced to abolish fee on all the services being rendered by the Lahore Chamber of Commerce and Industry (LCCI) to its members after winning the LCCI elections 2016-17. LBF Chairman Muhammad Amjad Chaudhry unveilin

Published 21 Sep, 2016 12:00am

Car booking app: Careem unveils its new brand identity

The car booking app, Careem, Tuesday unveiled its new brand identity to mark the company's four-year anniversary aimed at building on the company's remarkable growth in the last four years, the rebranding initiative will see Careem undergo a complete make

Published 21 Sep, 2016 12:00am

Book seeks solutions to Pakistan's problems

Book seeks solutions to Pakistan's problems

What factors lie at the heart of Pakistan's dysfunction and how does one begin to set things in order? Is Pakistan's future going to be better than the past? What ails Pakistan and why is it taking the country so long to address its ailments? A new book t

Published 21 Sep, 2016 12:00am

Industrialists are backbone of economy: Ebad

Industrialists are backbone of economy: Ebad

Governor Sindh Dr Ishrat ul Ebad Khan has said that industrialists are backbone of economy of any country as they not only create vast number of employment but also make valuable contributions towards national exchequer in form of taxes and duties. This h

Published 21 Sep, 2016 12:00am

Murtaza Bhutto remembered

Murtaza Bhutto remembered

Workers and party loyalists across the country and abroad paid homage to the former chairman of Pakistan Peoples Party-Shaheed Bhutto (PPP-SB) Mir Murtaza Bhutto on his 20th death anniversary on Tuesday. Born in Karachi on September 18, 1954, Murtaza Bhut

Published 21 Sep, 2016 12:00am

Territorial re-organisation of Peshawar city approved

Territorial re-organisation of Peshawar city approved

A meeting of Police Policy Board was held at CPO under the chairmanship of IGP Nasir Khan Durrani here Tuesday. The meeting was attended by Addl IGP HQrs, Addl IGP SB/CTD, Addl IGP Operations, Addl IGP/Commandant Elite, Commandant FRP, CCPO, Peshawar, DIG

Published 21 Sep, 2016 12:00am

Pakistan, Turkey agree to expand defence ties

Pakistan, Turkey agree to expand defence ties

Commander of the Turkish Land Forces General Salih Zeki Colak called on Minister for Defence Khawaja Muhammad Asif on Tuesday and discussed matters of mutual interest. The minister appreciated the exemplary and historic brotherly relations between Pakista

Published 21 Sep, 2016 12:00am

UC chairmen urged to discharge duties with dedication

UC chairmen urged to discharge duties with dedication

Mayor Hyderabad Syed Tayyab Hussain has called upon the Chairmen and Vice Chairmen of all Union Councils of the Metropolitan Corporation to discharge their responsibilities with dedication and devotion and ensure the provision of all civic facilities at t

Published 21 Sep, 2016 12:00am

The Weather

The Weather

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

Published 21 Sep, 2016 12:00am

PTI, PPP table resolution against Altaf in Sindh PA

PTI, PPP table resolution against Altaf in Sindh PA

PPP and PTI have tabled resolution against MQM founder Altaf Hussain in Sindh Assembly demanding action under Article 6. The PPP member Sindh Assembly Khiarunisa has submitted the resolution demanding an action against MQM founder under Article 6. Resolut

Published 21 Sep, 2016 12:00am

Bullion Rates

Bullion Rates

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

Published 21 Sep, 2016 12:00am

Marvi visits NHIS in Gangwondo province of South Korea

Marvi visits NHIS in Gangwondo province of South Korea

Chairperson Benazir Incom Support Programme (BISP) Marvi Memon and members of the Asian Development Bank (ADB) delegation visited National Health Insurance Service (NHIS) in Gangwondo province of South Korea. The NHIS is a leading social protection agency

Published 21 Sep, 2016 12:00am

LME official prices

LME official prices

The following were Monday official prices.

Published 21 Sep, 2016 12:00am

Reaction to Indian atrocities to keep surfacing in IoK: Aizaz, Maleeha

Reaction to Indian atrocities to keep surfacing in IoK: Aizaz, Maleeha

Foreign Secretary Aizaz Ahmed Chaudhry Monday said the reaction to Indian atrocities will keep surfacing in the occupied Kashmir, while country's permanent representative to the United Nations (UN) Maleeha Lodhi said that Pakistan would not take any press

Published 21 Sep, 2016 12:00am

LME official prices

LME official prices

The following were Monday official prices.

Published 21 Sep, 2016 12:00am

GST on POL products yields Rs 214 billion in July-April

Cotton

GST on POL products yields Rs 214 billion in July-April

The government collected around Rs 214 billion from petroleum products on account of sales tax (local supply/domestic) during the period of July-April (2015-16) as compared to Rs 234 billion in the fiscal year of 2014-15. According to data submitted by th

Published 21 Sep, 2016 12:00am

Cotton Spot Rates

Cotton Spot Rates

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

Published 21 Sep, 2016 12:00am

US seems to be part of problem

US seems to be part of problem

If you are not part of the solution, you must be part of problem. Could the US be a part of solution insofar as the ongoing Kashmir unrest is concerned? Yes it could. But the reality is that it is part of the problem because of its 'special' relationship

Published 21 Sep, 2016 12:00am

Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (September 20, 2016)

Published 21 Sep, 2016 12:00am

Closing the broadband divide to connect people in Asia and the Pacific

Closing the broadband divide to connect people in Asia and the Pacific

Advances in Information and Communication Technology (ICT) have been instrumental in shaping and leading socioeconomic transformations across Asia and the Pacific. One key to this transformation is the technology bundled around the "Internet of Things" (I

Published 21 Sep, 2016 12:00am

Lahore Paper Market Rates

Lahore Paper Market Rates

Paper market rates in rupees on Tuesday (September 20, 2016).

Published 21 Sep, 2016 12:00am

Central bank independence

Central bank independence

Eyebrows were raised when the SBP Governor chose to have a press conference to share his views on the state of the economy. It came across more as abject defence of the government policies than an objective analysis of the economy's promise and pitfalls.

Published 21 Sep, 2016 12:00am

Pakistan Mercantile Exchange - PMEX

Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (September 20, 2016).

Published 21 Sep, 2016 12:00am

China's motives clearly economic

China's motives clearly economic

Pakistan's exports are plummeting not only because demand for our raw commodities and low-value added products in the rich markets has collapsed but also because we lack enough exportable surpluses in products that are in demand globally and/or regionally

Published 21 Sep, 2016 12:00am

Shipping Intelligence

Shipping Intelligence

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

Published 21 Sep, 2016 12:00am

The Uri attack

The Uri attack

Of several insurgencies under way in India the one in the Indian-held Kashmir is currently the most active. And the Indian action to curb and control it with brute force is in full swing. Since eruption of its current phase in the wake of killing of young

Published 21 Sep, 2016 12:00am

Shipping Intelligence

Shipping Intelligence

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

Published 21 Sep, 2016 12:00am

Dar's unwarranted optimism?

Dar's unwarranted optimism?

Finance Minister Ishaq Dar loses no opportunity to project the economic achievements of the present PML (N) government. Addressing the participants of the forum of strategic research on economic turnaround of Pakistan in Paris, he said that Pakistan has i

Published 21 Sep, 2016 12:00am

Dollar's rate in interbank market

Dollar's rate in interbank market

Interbank closing rates for dollar on Tuesday (September 20, 2016).

Published 21 Sep, 2016 12:00am

Cotton rises to one-month high

Cotton

Cotton rises to one-month high

Cotton futures surged over 3 percent on Tuesday, buoyed by technical buying as the market broke through the 70-cent level for the first time in over a month amid concerns that rain may delay crop harvest in top producer China. "Cotton has had a hard time

Published 21 Sep, 2016 12:00am

Kerb buying and selling rate of US dollar

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Tuesday (September 20, 2016).

Published 21 Sep, 2016 12:00am

US crude up on demand hopes; brent down on Opec deal skepticism

US crude up on demand hopes; brent down on Opec deal skepticism

US oil prices edged up on Tuesday on hopes the planned restart of country's main gasoline pipeline after a leak more than a week ago will boost demand, while Brent slipped amid skepticism over a proposed deal to freeze production. Both benchmarks hit six-

Published 21 Sep, 2016 12:00am

THE RUPEE: minor changes

Currency

THE RUPEE: minor changes

Marginal changes were seen on the money market on Tuesday as the rupee moved cautiously against the dollar in the process of trading, dealers said. The rupee shed two paisas versus the dollar for buying and selling at Rs 104.63 and 104.65, dealer said.

Published 21 Sep, 2016 12:00am

UN suspends aid after convoy attack

UN suspends aid after convoy attack

The United Nations suspended all aid shipments into Syria on Tuesday after a deadly attack on a convoy carrying humanitarian supplies, while Washington, expressing outrage at the attack, said a week-old cease-fire was not yet dead. The attack, described b

Published 21 Sep, 2016 12:00am

THE RUPEE: minor changes

Currency

THE RUPEE: minor changes

Marginal changes were seen on the money market on Tuesday as the rupee moved cautiously against the dollar in the process of trading, dealers said. The rupee shed two paisas versus the dollar for buying and selling at Rs 104.63 and 104.65, dealer said.

Published 21 Sep, 2016 12:00am

UN suspends aid after convoy attack

UN suspends aid after convoy attack

The United Nations suspended all aid shipments into Syria on Tuesday after a deadly attack on a convoy carrying humanitarian supplies, while Washington, expressing outrage at the attack, said a week-old cease-fire was not yet dead. The attack, described b

Published 21 Sep, 2016 12:00am

Revised Rates of Debt Securities

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Tuesday (September 20, 2016).

Published 21 Sep, 2016 12:00am

'MQM is nothing without its founder'

'MQM is nothing without its founder'

The London-based Convenor of Muttahida Qaumi Movement (MQM), Nadeem Nusrat has said that the party is nothing without its founder, who he added gave recognition to the Mohajir (Urdu speaking) community. In a statement issued from London on Tuesday, Nusrat

Published 21 Sep, 2016 12:00am

Revised Rates of Debt Securities

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Tuesday (September 20, 2016).

Published 21 Sep, 2016 12:00am

'MQM is nothing without its founder'

'MQM is nothing without its founder'

The London-based Convenor of Muttahida Qaumi Movement (MQM), Nadeem Nusrat has said that the party is nothing without its founder, who he added gave recognition to the Mohajir (Urdu speaking) community. In a statement issued from London on Tuesday, Nusrat

Published 21 Sep, 2016 12:00am

Revised Rates of Debt Securities

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Tuesday (September 20, 2016).

Published 21 Sep, 2016 12:00am

MQM Pakistan expels Nadeem Nusrat, others

MQM Pakistan expels Nadeem Nusrat, others

In a major development, Muttahida Qaumi Movement Pakistan on Tuesday decided to expel four eminent leaders of party's London chapter. Aaj News reported that a decision to expel four London-based eminent members of the MQM was made at a meeting of M

Published 21 Sep, 2016 12:00am

Cross Transactions between Client to Client & Financial Institutions

Cross Transactions between Client to Client & Financial Institutions

The following were the cross transactions between client to client & financial institutions here on Tuesday (September 20, 2016).

Published 21 Sep, 2016 12:00am

MQM Pakistan expels Nadeem Nusrat, others

MQM Pakistan expels Nadeem Nusrat, others

In a major development, Muttahida Qaumi Movement Pakistan on Tuesday decided to expel four eminent leaders of party's London chapter. Aaj News reported that a decision to expel four London-based eminent members of the MQM was made at a meeting of M

Published 21 Sep, 2016 12:00am

Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (September 20, 2016).

Published 21 Sep, 2016 12:00am

IMF chief may visit Pakistan next month

IMF chief may visit Pakistan next month

International Monetary Fund (IMF) chief Christine Lagarde is likely to visit Pakistan in October, official sources said on Tuesday. She will attend the upcoming Central Asian Regional Economic Conference. IMF Chief Christine Lagarde will become the first

Published 21 Sep, 2016 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Tuesday (September 20, 2016)

Published 21 Sep, 2016 12:00am

IMF chief may visit Pakistan next month

IMF chief may visit Pakistan next month

International Monetary Fund (IMF) chief Christine Lagarde is likely to visit Pakistan in October, official sources said on Tuesday. She will attend the upcoming Central Asian Regional Economic Conference. IMF Chief Christine Lagarde will become the first

Published 21 Sep, 2016 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Tuesday (September 20, 2016)

Published 21 Sep, 2016 12:00am

IMF chief may visit Pakistan next month

IMF chief may visit Pakistan next month

International Monetary Fund (IMF) chief Christine Lagarde is likely to visit Pakistan in October, official sources said on Tuesday. She will attend the upcoming Central Asian Regional Economic Conference. IMF Chief Christine Lagarde will become the first

Published 21 Sep, 2016 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Tuesday (September 20, 2016)

Published 21 Sep, 2016 12:00am

E-transfer of GST refunds from October 2017

E-transfer of GST refunds from October 2017

In a major move to facilitate sales tax refund claimants, the Federal Board of Revenue (FBR) has decided to implement a new system of electronic transfer of sales tax refunds into the taxpayer''s bank accounts from October 2017. Sources told Business R

Published 21 Sep, 2016 12:00am

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

National Clearing Company declares daily settlement information for local & foreign investors on Tuesday (September 20, 2016).
Published 21 Sep, 2016 12:00am

E-transfer of GST refunds from October 2017

In a major move to facilitate sales tax refund claimants, the Federal Board of Revenue (FBR) has decided to implement a new system of electronic transfer of sales tax refunds into the taxpayer's bank accounts from October 2017. Sources told Business Re
Published 21 Sep, 2016 12:00am

BRIndex30 and BR Sectoral Indices

BRIndex30 and BR Sectoral Indices on Tuesday (September 20, 2016).

Published 21 Sep, 2016 12:00am

E-transfer of GST refunds from October 2017

In a major move to facilitate sales tax refund claimants, the Federal Board of Revenue (FBR) has decided to implement a new system of electronic transfer of sales tax refunds into the taxpayer's bank accounts from October 2017. Sources told Business Re
Published 21 Sep, 2016 12:00am

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 21 Sep, 2016 12:00am

Disputes between SECP, insurance companies: revision of pecuniary limit for SDRCs proposed

The Securities and Exchange Commission of Pakistan (SECP) has proposed revision of the pecuniary limit for Small Dispute Resolution Committees (SDRCs) to arbitrate disputes between SECP and insurance companies pertaining to individual life contracts, dome
Published 21 Sep, 2016 12:00am

Board meetings in progress

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

Published 21 Sep, 2016 12:00am

Disputes between SECP, insurance companies: revision of pecuniary limit for SDRCs proposed

The Securities and Exchange Commission of Pakistan (SECP) has proposed revision of the pecuniary limit for Small Dispute Resolution Committees (SDRCs) to arbitrate disputes between SECP and insurance companies pertaining to individual life contracts, dome
Published 21 Sep, 2016 12:00am

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 21 Sep, 2016 12:00am

Disputes between SECP, insurance companies: revision of pecuniary limit for SDRCs proposed

The Securities and Exchange Commission of Pakistan (SECP) has proposed revision of the pecuniary limit for Small Dispute Resolution Committees (SDRCs) to arbitrate disputes between SECP and insurance companies pertaining to individual life contracts, dome
Published 21 Sep, 2016 12:00am

Cotton
Dividend/Bonus Announcements

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

Published 21 Sep, 2016 12:00am

Commander Turkish Land Forces calls on CoAS

Commander of the Turkish Land Forces General Salih Zeki Colak, on Tuesday visited General Headquarters and called on Chief of Army Staff (CoAS) General Raheel Sharif. During the meetings, wide range of issues of mutual interest including defence, security
Published 21 Sep, 2016 12:00am

Last date of renunciation/payment

Last dates of renunciation/payment.

Published 21 Sep, 2016 12:00am

Commander Turkish Land Forces calls on CoAS

Commander of the Turkish Land Forces General Salih Zeki Colak, on Tuesday visited General Headquarters and called on Chief of Army Staff (CoAS) General Raheel Sharif. During the meetings, wide range of issues of mutual interest including defence, security
Published 21 Sep, 2016 12:00am

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 21 Sep, 2016 12:00am

Debts, liabilities of Wapda soar to Rs 55.8 billion

The debts and liabilities of Water and Power Development Authority (Wapda) have reached Rs 55.8 billion in June 2016 due to borrowing of 55 billion for payment of Net Hydel Profit (NHP) to KPK and Rs 30 billion for Neelum Jehlum Hydropower project. Accord
Published 21 Sep, 2016 12:00am

Clearing Schedule for T+2 System

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

Published 21 Sep, 2016 12:00am

Debts, liabilities of Wapda soar to Rs 55.8 billion

The debts and liabilities of Water and Power Development Authority (Wapda) have reached Rs 55.8 billion in June 2016 due to borrowing of 55 billion for payment of Net Hydel Profit (NHP) to KPK and Rs 30 billion for Neelum Jehlum Hydropower project. Accord
Published 21 Sep, 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 21 Sep, 2016 12:00am

Previous Day

Forex
World
Commodity

Currency Rate

USD PKR Interbank Selling / Dec 24

278.53

USD PKR Interbank Buying / Dec 24

278.33

USD to Japanese Yen / Dec 24

157.10

USD to Swiss Franc / Dec 24

0.90

Pound Sterling to USD / Dec 24

1.25

Euro to USD / Dec 24

1.04

Stock Volume

S&P 500 / Dec 23

5,974.07

Nasdaq / Dec 23

19,764.89

Dow Jones / Dec 23

42,906.95

Germany DAX 30 / Dec 23

19,848.77

India Sensex / Dec 24

78,616.57

Tokyo Nikkei / Dec 24

39,036.85

Hang Seng / Dec 24

20,098.29

FTSE 100 / Dec 24

8,130.86

Item Value

Gold 10 Grams PKR / Dec 23

241,087.80

Petrol/Litre / Dec 24

252.10

Crude Oil USD/Barrel / Dec 24

69.54

Karachi Cotton PKR/37.32 KG / Dec 24

17,785

Gold Spot USD/Ounce / Dec 24

2,618.54

Diesel/Litre / Dec 24

255.38

Gainers
Losers
Leaders

Stock Price

Sec. Inv. Bank / Dec 24

Security Investment Bank Limited(SIBL)

5.99

▲ 1.00 (20.04%)

Next Capital / Dec 24

Next Capital Limited(NEXT)

8.90

▲ 1.00 (12.66%)

Pak Agro Pack. (GEM) / Dec 24

Pak Agro Packaging Limited (GEM)(GEMPAPL)

9

▲ 1.00 (12.50%)

Ghani Chem. Ind. / Dec 24

Ghani Chemical Industries Limited(GCIL)

16.13

▲ 1.47 (10.03%)

Pak Gulf Leasing / Dec 24

Pak-Gulf Leasing Company Limited(PGLC)

14.37

▲ 1.31 (10.03%)

Popular Islamic / Dec 24

Popular Islamic Modaraba(PIM)

15.58

▲ 1.42 (10.03%)

Mandviwala / Dec 24

Mandviwala Mauser Plastic Industries(MWMP)

16.59

▲ 1.51 (10.01%)

Blessed Tex. / Dec 24

Blessed Textiles Limited(BTL)

301.77

▲ 27.43 (10.00%)

Crescent Cotton / Dec 24

Crescent Cotton Mills Limited(CCM)

55

▲ 5.00 (10.00%)

Stock Price

S.G.Power / Dec 24

S.G. Power Limited(SGPL)

10.58

▼ -1.18 (-10.03%)

Olympia Mills / Dec 24

Olympia Mills Limited(OML)

36

▼ -4.00 (-10.00%)

J.A.Textile / Dec 24

J.A. Textile Mills Limited(JATM)

33.95

▼ -3.77 (-9.99%)

Sanghar Sugar / Dec 24

Sanghar Sugar Mills Limited(SANSM)

26.16

▼ -2.90 (-9.98%)

I.C.C. Ind. / Dec 24

ICC Industries Limited(ICCI)

9.85

▼ -1.07 (-9.80%)

National Silk / Dec 24

The National Silk & Rayon Mills Limited(NSRM)

50.01

▼ -5.43 (-9.79%)

Gulshan Sp. / Dec 24

Gulshan Spinning Mills Limited(GSPM)

4.10

▼ -0.40 (-8.89%)

Crescent Fib. / Dec 24

Crescent Fibres Limited(CFL)

40.16

▼ -3.81 (-8.66%)

Reliance Ins. / Dec 24

Reliance Insurance Company Limited(RICL)

11.55

▼ -1.05 (-8.33%)

Stock Volume

WorldCall Telecom / Dec 24

Worldcall Telecom Limited(WTL)

126,573,463

▲ 0.05

Fauji Foods Ltd / Dec 24

Fauji Foods Limited(FFL)

66,984,381

▲ 0.49

Cnergyico PK / Dec 24

Cnergyico PK Limited(CNERGY)

66,471,663

▼ -0.27

Pak Elektron / Dec 24

Pak Elektron Limited(PAEL)

38,651,653

▼ -1.53

K-Electric Ltd. / Dec 24

K-Electric Limited(KEL)

36,108,956

▼ -0.18

Sui South Gas / Dec 24

Sui Southern Gas Company Limited(SSGC)

33,467,532

▼ -0.50

P.T.C.L. / Dec 24

Pakistan Telecommunication Company Ltd(PTC)

33,030,118

▼ -1.31

TRG Pak Ltd / Dec 24

TRG Pakistan Limited(TRG)

29,441,264

▲ 3.35

Pace (Pak) Ltd. / Dec 24

Pace (Pakistan) Limited(PACE)

28,106,970

▼ -0.18

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