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PPL 193.30 Increased By ▲ 7.82 (4.22%)
PRL 37.00 Increased By ▲ 0.09 (0.24%)
PTC 23.77 Increased By ▲ 0.08 (0.34%)
SEARL 99.87 Increased By ▲ 1.47 (1.49%)
SILK 1.15 No Change ▼ 0.00 (0%)
SSGC 37.19 Decreased By ▼ -0.19 (-0.51%)
SYM 14.95 Decreased By ▼ -0.06 (-0.4%)
TELE 7.75 Decreased By ▼ -0.07 (-0.9%)
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Print - 2016-10-18
BRIndex30 sheds 200.71 points

BRIndex30 sheds 200.71 points

On Monday, BRIndex30 opened at 23,763.16 points. It touched an intraday high of 23,895.70 points and an intraday low of 23,529.69 points and closed at 23,562.45 points which was -200.71 points or -0.84 percent lower than previous close. Total volume was 2
Published 18 Oct, 2016 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 18 Oct, 2016 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 18 Oct, 2016 12:00am
FDI posts 38 percent decline in Q1

FDI posts 38 percent decline in Q1

Foreign Direct Investment (FDI) presented a dismal performance and posted some 38 percent decline during the first quarter of this fiscal year. The State Bank of Pakistan (SBP) Monday revealed that FDI continuously moving down and fell by 38 percent durin
Published 18 Oct, 2016 12:00am
FDI posts 38 percent decline in Q1

FDI posts 38 percent decline in Q1

Foreign Direct Investment (FDI) presented a dismal performance and posted some 38 percent decline during the first quarter of this fiscal year. The State Bank of Pakistan (SBP) Monday revealed that FDI continuously moving down and fell by 38 percent durin
Published 18 Oct, 2016 12:00am
THE RUPEE: modest slide
Currency

THE RUPEE: modest slide

An easier trend prevailed on the money market on Monday as the rupee drifted lower versus the dollar in the process of trading, dealers said. The rupee shed four paisas against the dollar for buying and selling at Rs 104.78 and Rs 104.80 respectively, the
Published 18 Oct, 2016 12:00am
FDI posts 38 percent decline in Q1

FDI posts 38 percent decline in Q1

Foreign Direct Investment (FDI) presented a dismal performance and posted some 38 percent decline during the first quarter of this fiscal year. The State Bank of Pakistan (SBP) Monday revealed that FDI continuously moving down and fell by 38 percent durin
Published 18 Oct, 2016 12:00am
THE RUPEE: modest slide
Currency

THE RUPEE: modest slide

An easier trend prevailed on the money market on Monday as the rupee drifted lower versus the dollar in the process of trading, dealers said. The rupee shed four paisas against the dollar for buying and selling at Rs 104.78 and Rs 104.80 respectively, the
Published 18 Oct, 2016 12:00am
No energy project on western route: Senate panel told

No energy project on western route: Senate panel told

The Senate Standing Committee on Planning, Development and Reforms was informed Monday that federal government did not launch even a single energy project out of 15 CPEC-energy priority projects of 10,350 MW on the western route. Secretary Planning, Devel
Published 18 Oct, 2016 12:00am
No energy project on western route: Senate panel told

No energy project on western route: Senate panel told

The Senate Standing Committee on Planning, Development and Reforms was informed Monday that federal government did not launch even a single energy project out of 15 CPEC-energy priority projects of 10,350 MW on the western route. Secretary Planning, Devel
Published 18 Oct, 2016 12:00am
No energy project on western route: Senate panel told

No energy project on western route: Senate panel told

The Senate Standing Committee on Planning, Development and Reforms was informed Monday that federal government did not launch even a single energy project out of 15 CPEC-energy priority projects of 10,350 MW on the western route. Secretary Planning, Devel
Published 18 Oct, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (October 17, 2016).

Published 18 Oct, 2016 12:00am
UK banking row: Kremlin-backed TV channel cries censorship

UK banking row: Kremlin-backed TV channel cries censorship

Russia accused Britain of political censorship on Monday after a British state-owned bank withdrew its services from Kremlin-backed Russian broadcaster RT. RT said NatWest, owned by Royal Bank of Scotland Group (RBS), which is majority-controlled by the B
Published 18 Oct, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (October 17, 2016).

Published 18 Oct, 2016 12:00am
UK banking row: Kremlin-backed TV channel cries censorship

UK banking row: Kremlin-backed TV channel cries censorship

Russia accused Britain of political censorship on Monday after a British state-owned bank withdrew its services from Kremlin-backed Russian broadcaster RT. RT said NatWest, owned by Royal Bank of Scotland Group (RBS), which is majority-controlled by the B
Published 18 Oct, 2016 12:00am
UK banking row: Kremlin-backed TV channel cries censorship

UK banking row: Kremlin-backed TV channel cries censorship

Russia accused Britain of political censorship on Monday after a British state-owned bank withdrew its services from Kremlin-backed Russian broadcaster RT. RT said NatWest, owned by Royal Bank of Scotland Group (RBS), which is majority-controlled by the B
Published 18 Oct, 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 Monday (October 17, 2016).

Published 18 Oct, 2016 12:00am
Power supply linked to recovery, KP chief minister told

Power supply linked to recovery, KP chief minister told

Minister for Water and Power Khawaja Asif and Chief Minister Khyber Pakhtunkhwa (KPK) Pervez Khattak on Monday discussed progress on KPK's electricity-related demands forwarded by the Council of Common Interests (CCI) to the Ministry of Water and Power, w
Published 18 Oct, 2016 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (October 17, 2016).

Published 18 Oct, 2016 12:00am
Power supply linked to recovery, KP chief minister told

Power supply linked to recovery, KP chief minister told

Minister for Water and Power Khawaja Asif and Chief Minister Khyber Pakhtunkhwa (KPK) Pervez Khattak on Monday discussed progress on KPK's electricity-related demands forwarded by the Council of Common Interests (CCI) to the Ministry of Water and Power, w
Published 18 Oct, 2016 12:00am
Power supply linked to recovery, KP chief minister told

Power supply linked to recovery, KP chief minister told

Minister for Water and Power Khawaja Asif and Chief Minister Khyber Pakhtunkhwa (KPK) Pervez Khattak on Monday discussed progress on KPK''s electricity-related demands forwarded by the Council of Common Interests (CCI) to the Ministry of Water and Power,
Published 18 Oct, 2016 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (October 17, 2016)

Published 18 Oct, 2016 12:00am
Pakistan clinch day-night Test despite Bravo's hundred

Pakistan clinch day-night Test despite Bravo's hundred

Despite a fighting hundred by Darren Bravo Pakistan pulled off a tension-packed 56-run victory against West Indies in the first day-night Test in Dubai on Monday. Bravo kept Pakistan's victory bid on hold during his resistance-filled 410-minute long 116 a
Published 18 Oct, 2016 12:00am
Pakistan clinch day-night Test despite Bravo's hundred

Pakistan clinch day-night Test despite Bravo's hundred

Despite a fighting hundred by Darren Bravo Pakistan pulled off a tension-packed 56-run victory against West Indies in the first day-night Test in Dubai on Monday. Bravo kept Pakistan's victory bid on hold during his resistance-filled 410-minute long 116 a
Published 18 Oct, 2016 12:00am
Bulls take a breather

Bulls take a breather

A bearish trend was witnessed on Pakistan Stock Exchange (PSX) Monday due to rising political uncertainty in the country. The benchmark KSE-100 index lost 181.59 points to close at 41,282.72 points, analysts said. Trading activity also remained low and th
Published 18 Oct, 2016 12:00am
Bulls take a breather

Bulls take a breather

A bearish trend was witnessed on Pakistan Stock Exchange (PSX) Monday due to rising political uncertainty in the country. The benchmark KSE-100 index lost 181.59 points to close at 41,282.72 points, analysts said. Trading activity also remained low and th
Published 18 Oct, 2016 12:00am
Bulls take a breather

Bulls take a breather

A bearish trend was witnessed on Pakistan Stock Exchange (PSX) Monday due to rising political uncertainty in the country. The benchmark KSE-100 index lost 181.59 points to close at 41,282.72 points, analysts said. Trading activity also remained low and th
Published 18 Oct, 2016 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (October 17, 2016).

Published 18 Oct, 2016 12:00am
Incorrect results Student approaches LHC

Incorrect results Student approaches LHC

A student has approached the Lahore High Court for probe into the preparation of incorrect results of the Intermediate examination for the current academic year. The petitioner Palosha Khan, contended through her counsel contended that huge discrepancies
Published 18 Oct, 2016 12:00am
Rubber five-month high

Rubber five-month high

Benchmark Tokyo rubber futures recovered from early lows to hit a five-month high on Monday, tracking gains in Shanghai futures amid uncertainty in the world's top rubber producer Thailand after the death of King Bhumibol Adulyadej, dealers said. "The Tok
Published 18 Oct, 2016 12:00am
Iran oil production to hit four million barrels per day by March

Iran oil production to hit four million barrels per day by March

Iran said Monday its oil production capacity will hit four million barrels per day by March after it was exempted from an informal agreement among Opec members to lower output to boost prices. "Our production capacity was 3.8 million (bpd) after the first
Published 18 Oct, 2016 12:00am
Aluminium slips to two-week low, supply overhang in focus
Currency

Aluminium slips to two-week low, supply overhang in focus

Aluminium prices fell to two-week lows on Monday due to worries about Chinese producers ramping up output and adding to the surplus being created by semi-finished products being remelted. Benchmark aluminium on the London Metal ended down 0.9 percent at $
Published 18 Oct, 2016 12:00am
Shanghai copper barely changed

Shanghai copper barely changed

Shanghai Futures Exchange copper was barely changed at 37,320 yuan ($5,596.46) a tonne on Monday after remarks by the Federal Reserve chair suggested the US central bank may stick with loose monetary policy for longer, which shored up investor appetite fo
Published 18 Oct, 2016 12:00am
Omar Abdullah detained at US airport

Omar Abdullah detained at US airport

Former Indian occupied Kashmir chief minister Omar Abdullah said he was stopped at a New York airport for two hours on Monday for extra immigration checks. "Another 'random' secondary immigration check upon landing in US. Thrice in three visits, the rando
Published 18 Oct, 2016 12:00am
JCP recommends names of additional judges for confirmation

JCP recommends names of additional judges for confirmation

The Judicial Commission of Pakistan (JCP) on Monday recommended the names of four additional judges of Lahore High Court (LHC), and three additional judges of Peshawar High Court for confirmation. The Commission also proposed the name of Nazeer Lagu for h
Published 18 Oct, 2016 12:00am
TCS, 2002: Senate panel asks NAB to furnish details

TCS, 2002: Senate panel asks NAB to furnish details

A parliamentary body Monday asked the National Accountability Bureau (NAB) to submit details of Terms and Conditions of Services (TCS), 2002 of the Bureau's employees to the committee. The sub-committee of the Senate Standing Committee on Law, Justice and
Published 18 Oct, 2016 12:00am
Listed companies: production of directors' register at AGMs a must: SECP

Listed companies: production of directors' register at AGMs a must: SECP

The Securities and Exchange Commission of Pakistan (SECP) has decided to make it mandatory for every listed company to produce the register of its directors interest at the start of every annual general meeting of the company and remain open and accessibl
Published 18 Oct, 2016 12:00am
Uber launches rickshaw service in Lahore

Uber launches rickshaw service in Lahore

After a successful car taxi service, Uber Pakistan has launched rickshaw service in Lahore on Monday. Chairman Punjab IT Board Dr Umar Saif inaugurated Uber rickshaw service by taking the first ride at the Arfa Software Technology Park on Monday.
Published 18 Oct, 2016 12:00am
Failure to perform CSR: SC issues notices to 52 respondents

Failure to perform CSR: SC issues notices to 52 respondents

The Supreme Court Monday issued notices to 52 respondents including Director General of Petroleum Concessions, Chief Secretary Sindh, Secretary, Director General of the Energy Department Sindh, 12 Oil and Gas Development Company high officials, 18 Distric
Published 18 Oct, 2016 12:00am
FC kills two suspects in Nasirabad operation

FC kills two suspects in Nasirabad operation

Frontier Corps (FC) shot dead two suspects in combing operation in Chathar area of Nasirabad district on Monday. According to FC spokesman, acting on a tipoff, FC personnel launched combing operation in the area when they opened fire at them. Two suspects
Published 18 Oct, 2016 12:00am
Gwadar Port: Bizenjo welcomes input from business community

Gwadar Port: Bizenjo welcomes input from business community

Federal Minister for Ports and Shipping Mir Hasil Khan Bizenjo has assured the business and industrial community that he would welcome all the input at the provincial and federal levels from the local industrialists across Pakistan to benefit them from Gw
Published 18 Oct, 2016 12:00am
Baloch condemns 'hero worship' mentality of people

Baloch condemns 'hero worship' mentality of people

Secretary General, Jamaat-e-Islami, Liaqat Baloch, has said that the trend of hero worship in politics had confronted the country with a dangerous situation. Addressing notables in NA 126 constituency on Monday, he said that in every era, some personaliti
Published 18 Oct, 2016 12:00am
India employing every means to hurt CPEC project: Barjees

India employing every means to hurt CPEC project: Barjees

Federal Minister for Kashmir Affairs Barjees Tahir has said that the India does not want CPEC to be completed and it was employing every means through 'RAW' to fail this project. Addressing the members Lahore High Court Bar Association here Monday, Barjee
Published 18 Oct, 2016 12:00am
Six women held for looting houses in guise of maids

Six women held for looting houses in guise of maids

Special Investigation Unit (SIU) of Islamabad police has arrested seven persons including six women allegedly involved in looting houses and also recovered gold ornaments and cash from their possession, a police spokesman said. After receiving few complai
Published 18 Oct, 2016 12:00am
Dar, Shahbaz urged to save real estate sector

Dar, Shahbaz urged to save real estate sector

The Lahore Chamber of Commerce and Industry has urged the Federal Finance Minister Ishaq Dar and Chief Minister Punjab Shahbaz Sharif to save the real estate sector that is on the verge of collapse because of heavy taxation and unfavourable rules and regu
Published 18 Oct, 2016 12:00am
Boy killed, 20 injured in grenade attack on Imambargah

Boy killed, 20 injured in grenade attack on Imambargah

A teenage boy was killed while at least 20 others mainly women and children injured when unknown men lobbed a cracker at an Imambargah in FC area of Liaqatabad on Monday night. Police and rescue officials said the blast occurred when women were holding Ma
Published 18 Oct, 2016 12:00am
REAP appeals to review proposed Umrah visa fee

REAP appeals to review proposed Umrah visa fee

Rice Exporters Association of Pakistan (REAP) on Monday appealed Khadim-e-Harmain Sharifain King Salman Bin Abdul Aziz to review the decision of Council of Saudi Arabian Minister regarding proposed Umrah visa fee of 2,000 Saudi Riyal to be implemented on
Published 18 Oct, 2016 12:00am
Incentives, refund claims: business community takes meaningful step

Incentives, refund claims: business community takes meaningful step

The country's business community has approached the top economic managers based in Islamabad to get the maximum share of the Rs 100-125 billion special incentives package to be unveiled within days and payment of overdue refunds. Former presidents of the
Published 18 Oct, 2016 12:00am
Fire erupts in Gul Centre

Fire erupts in Gul Centre

A fire that broke out at Gul Centre, a shopping centre due to short circuit near Saddar area, was extinguished after more than an hour, officials and shop owners said on Monday. The City Fire Brigade took part in the fire-fighting operations. No human los
Published 18 Oct, 2016 12:00am
PILDAT concerned over 337 legislators' failure to submit statements

PILDAT concerned over 337 legislators' failure to submit statements

PILDAT has expressed concern at the record 29 % legislators failing to submit their statements of assets and liabilities by October 15 this year. The number of federal and provincial legislators totals 337 who failed to fulfil the legal requirement out of
Published 18 Oct, 2016 12:00am
Emirates Skywards marks: 16 years with over 16 million members

Emirates Skywards marks: 16 years with over 16 million members

Emirates Skywards, the award-winning frequent flyer programme of Emirates airline, marks its 16th year milestone with over 16 million members and the successful launch of new initiatives to enhance reward options for members. Since the inception of the pr
Published 18 Oct, 2016 12:00am
Good governance: CPC willing to share its experiences with Pakistan

Good governance: CPC willing to share its experiences with Pakistan

Communist Party of China (CPC) has showed its willingness to continue the recently started process of sharing its experience with Pakistan and other countries promoting good governance at public and private level, CPC's sources said here on Monday.
Published 18 Oct, 2016 12:00am
India violated LoC cease-fire agreement 90 times this year: FO

India violated LoC cease-fire agreement 90 times this year: FO

Pakistan on Monday said that India violated the Line of Control (LoC) cease-fire agreement 90 times during 2016 and called for an end to the repeated violations. Reacting to the repeated cease-fire violation at the LoC especially after the September 18 Ur
Published 18 Oct, 2016 12:00am
NBP, EFU Life join hands for Bancassurance business

NBP, EFU Life join hands for Bancassurance business

National Bank of Pakistan has recently signed a Bancassurance agreement with EFU Life which is one of the country's leading life insurance company. The agreement was signed in a ceremony held at NBP's Head Office to commemorate the partnership in the wake
Published 18 Oct, 2016 12:00am