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Dec 24, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2016-10-25
PAT of FFBL increases to Rs 244.80 million

PAT of FFBL increases to Rs 244.80 million

The consolidated profit after tax of Fauji Fertilizer Bin Qasim (FFBL) has increased to Rs 244.80 million in the quarter ended September 30, 2016 as compared to Rs 169.319 million earned in the same quarter in 2015. The board of directors of the company i
Published 25 Oct, 2016 12:00am
PAT of FFBL increases to Rs 244.80 million

PAT of FFBL increases to Rs 244.80 million

The consolidated profit after tax of Fauji Fertilizer Bin Qasim (FFBL) has increased to Rs 244.80 million in the quarter ended September 30, 2016 as compared to Rs 169.319 million earned in the same quarter in 2015. The board of directors of the company i
Published 25 Oct, 2016 12:00am
The Weather

The Weather

The weather report on Monday (October 24, 2016) and the forecast for Tuesday (October 25, 2016).

Published 25 Oct, 2016 12:00am
Import of LNG Talks with over six states initiated: Abbasi

Import of LNG Talks with over six states initiated: Abbasi

Federal Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi has said that Pakistan has initiated negotiations with over six different countries for import of LNG to overcome the gas shortage issue in the country. "We have started talks with
Published 25 Oct, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (October 24, 2016).

Published 25 Oct, 2016 12:00am
PML-N leaders vow to maintain normal life during PTI lockdown

PML-N leaders vow to maintain normal life during PTI lockdown

Leaders of ruling Pakistan Muslim League-Nawaz (PML-N) on Monday vowed to maintain normal life during Tehreek-e-Insaf (PTI) Islamabad lockdown on November 2. Addressing a press conference, Talal Chaudhary and Mohammad Zubair Umar said PTI chairman Imran K
Published 25 Oct, 2016 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 25 Oct, 2016 12:00am
Prime Minister, his team responsible for present crisis: Baloch

Prime Minister, his team responsible for present crisis: Baloch

Secretary General, Jamaat-e-Islami, Liaqat Baloch, has said that Prime Minister Nawaz Sharif and his team were responsible for the present crisis and the key to the solution was also with them. Addressing a press conference at the Lahore Press Club on Mon
Published 25 Oct, 2016 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 25 Oct, 2016 12:00am
Nishat Power posts Rs 732.969 million as profit after tax

Nishat Power posts Rs 732.969 million as profit after tax

Nishat Power Limited has posted Rs 732.969 million as profit after tax in the quarter ended September 30, 2016 as compared to Rs 929.553 million earned in the corresponding quarter in 2015. The company's earning per share has surged to Rs 2.070 in the per
Published 25 Oct, 2016 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (October 24, 2016).

Published 25 Oct, 2016 12:00am
Nishat Power posts Rs 732.969 million as profit after tax

Nishat Power posts Rs 732.969 million as profit after tax

Nishat Power Limited has posted Rs 732.969 million as profit after tax in the quarter ended September 30, 2016 as compared to Rs 929.553 million earned in the corresponding quarter in 2015. The company's earning per share has surged to Rs 2.070 in the per
Published 25 Oct, 2016 12:00am
Small traders stand with KCCI for closing shops

Small traders stand with KCCI for closing shops

Representatives of different markets associations across Karachi, while completely rejecting the allegations against Karachi Chamber of Commerce and Industry (KCCI) by 'so-called' Karachi Tajir Ittehad, termed all these allegations as 'totally baseless' a
Published 25 Oct, 2016 12:00am
Mustafa Kamal was 'King' during Musharraf's rule: Khuhro

Mustafa Kamal was 'King' during Musharraf's rule: Khuhro

President Pakistan Peoples Party Sindh chapter, Nisar Ahmed Khuhro has said that the PPP fully believes to resolve the issues of the country through democratic process and if any one tried to launch non-political activities which could harmful to the demo
Published 25 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 24, 2016)

Published 25 Oct, 2016 12:00am
JI delegation leaves for China

JI delegation leaves for China

A three member high level delegation of the Jamaat-e-Islami has left for China on a ten day visit. The delegation is visiting China on the invitation of the Chinese government. During its stay there, the delegation will meet high government personalities
Published 25 Oct, 2016 12:00am
Mine lease case: accused granted pre-arrest bail

Mine lease case: accused granted pre-arrest bail

Sindh High Court (SHC) on Monday granted pre-arrest bail to Muhammad Khalid Mirza, a former chief inspector of Mines department in an investigation being conducted by NAB regarding the illegal grant of mine lease and excavation of coal that had caused the
Published 25 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 24, 2016).

Published 25 Oct, 2016 12:00am
Pakistan pursuing friendly ties with neighbours: Prime Minister

Pakistan pursuing friendly ties with neighbours: Prime Minister

Prime Minister Muhammad Nawaz Sharif on Monday said Pakistan is a peace-loving country and pursues the policy of maintaining friendly relationships with all its neighbours. In a meeting with Sir Mark Lyall Grant, National Security
Published 25 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 24, 2016).

Published 25 Oct, 2016 12:00am
Bureaucracy not cooperating with minister

Bureaucracy not cooperating with minister

The top bureaucracy of Ministry of Industries and Production (MoI&P) has reportedly paralysed Minister for Industries, Ghulam Murtaza Jatoi by not implementing his instructions. The Minister recently acknowledged his "helplessness" especially in the hands
Published 25 Oct, 2016 12:00am
Cotton settles lower
Cotton

Cotton settles lower

Cotton futures dipped on Monday, settling lower for the fifth straight session, on commercial hedge pressure as the market awaited a crop progress report later in the day. The December cotton contract on ICE Futures US hit a low of 68.53 cents a lb on Mon
Published 25 Oct, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (October 24, 2016).

Published 25 Oct, 2016 12:00am
Oil dips on Buzzard restart, Iraq; US crude tests below $50

Oil dips on Buzzard restart, Iraq; US crude tests below $50

Oil prices dipped on Monday, with US crude briefly falling below $50 per barrel, on news of the impending restart of Britain's Buzzard oilfield and Iraq's wish to be exempted from Opec production cuts. Buzzard, the North Sea field that contributes to the
Published 25 Oct, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (October 24, 2016).

Published 25 Oct, 2016 12:00am
Soya jumps, wheat down

Soya jumps, wheat down

US soyabean futures climbed to a two-month high on Monday on brisk US exports and rising prices for vegetable oils. Chicago Board of Trade wheat fell 3 percent and corn futures more than 1 percent, weighed down by spread trading tied to abundant global gr
Published 25 Oct, 2016 12:00am
US MIDDAY: gold eases
Currency

US MIDDAY: gold eases

Gold prices slipped early on Monday as the dollar strengthened to a fresh near nine-month high on growing speculation that the US Federal Reserve would hike interest rates in December. Recent positive economic data and comments from central bank officials
Published 25 Oct, 2016 12:00am
Isn't it an illness?

Isn't it an illness?

A recent Supreme Court ruling that schizophrenia is not a mental illness has triggered a considerable controversy. It has invited criticism from many including the reputed amnesty International that too has protested a "reprehensible" ruling by Supreme Co
Published 25 Oct, 2016 12:00am
THE RUPEE: all-round slide
Currency

THE RUPEE: all-round slide

An easier trend was witnessed on the money market on Monday as the rupee fell modestly against the dollar in process of trading, dealers said. The rupee extended weekend slide versus the dollar, dropping four paisas for buying and selling at Rs 104.84 and
Published 25 Oct, 2016 12:00am
Battle for Mosul can shape or break Iraq

Battle for Mosul can shape or break Iraq

It has taken two years of training a demoralised army, and the backing of the air cover and special forces of the world's greatest powers, for Iraq to mount an offensive to recapture Mosul from Islamic State. Almost a week into the US-led onslaught, many
Published 25 Oct, 2016 12:00am
THE RUPEE: all-round slide
Currency

THE RUPEE: all-round slide

An easier trend was witnessed on the money market on Monday as the rupee fell modestly against the dollar in process of trading, dealers said. The rupee extended weekend slide versus the dollar, dropping four paisas for buying and selling at Rs 104.84 and
Published 25 Oct, 2016 12:00am
Afghan peace talks reset?

Afghan peace talks reset?

Speculations regarding new moves and developments in the stalled Afghan peace process have been triggered by the visit of a Taliban delegation to Pakistan. The three-member delegation comprises former Afghan Taliban ambassador to Saudi Arabia and Pakistan
Published 25 Oct, 2016 12:00am
Good governance, is it?
Cotton

Good governance, is it?

The recent Annual Portfolio Review of the Asian Development Bank (ADB) blames the performance of Pakistani contractors and project execution supervising agencies for delayed completion of the projects, and consequent escalation of their costs - ills whose
Published 25 Oct, 2016 12:00am
War for peace

War for peace

The Zarb-e-Azb against enemy behind the bush in the tough mountainous tribal region was a war of another kind - it was no conventional military operation but a war for peace. It had to be won, because losing it was just no option. This war has been won; s
Published 25 Oct, 2016 12:00am
IRIS not accepting refund claims

IRIS not accepting refund claims

IRIS, the Federal Board of Revenue's (FBR) portal that allows online submission for refund claims, has been non-functional since August 2016, according to a Business Recorder exclusive. Any attempt to open the portal since then has been met wit
Published 25 Oct, 2016 12:00am
Seven killed in powerful blast in China

Seven killed in powerful blast in China

A powerful explosion ripped through a building in a northern Chinese city on Monday, killing seven people and injuring scores more. Media reports said the blast in Yulin, which destroyed or damaged nearby buildings including a hospital, may have been caus
Published 25 Oct, 2016 12:00am
Migrants clash with police, torch Greek camp offices

Migrants clash with police, torch Greek camp offices

Migrants at a camp on the Greek island of Lesbos on Monday hurled stones at police and torched temporary offices used by asylum officials in an hour-long protest over conditions. Jose Carreira, executive director of the European Asylum Support Office (EAS
Published 25 Oct, 2016 12:00am
Migrants clash with police, torch Greek camp offices

Migrants clash with police, torch Greek camp offices

Migrants at a camp on the Greek island of Lesbos on Monday hurled stones at police and torched temporary offices used by asylum officials in an hour-long protest over conditions. Jose Carreira, executive director of the European Asylum Support Office (EAS
Published 25 Oct, 2016 12:00am
SBP notifies enactment of three acts

SBP notifies enactment of three acts

The State Bank of Pakistan (SBP) Monday notified enactment of three Acts that are Corporate Restructuring Companies Act, 2016, the Depositors Protection Corporation Act, 2016 and the Financial Institutions (Recovery of Finances) (Amendment) Act, 2016. Und
Published 25 Oct, 2016 12:00am
SBP notifies enactment of three acts

SBP notifies enactment of three acts

The State Bank of Pakistan (SBP) Monday notified enactment of three Acts that are Corporate Restructuring Companies Act, 2016, the Depositors Protection Corporation Act, 2016 and the Financial Institutions (Recovery of Finances) (Amendment) Act, 2016. Und
Published 25 Oct, 2016 12:00am
SBP notifies enactment of three acts

SBP notifies enactment of three acts

The State Bank of Pakistan (SBP) Monday notified enactment of three Acts that are Corporate Restructuring Companies Act, 2016, the Depositors Protection Corporation Act, 2016 and the Financial Institutions (Recovery of Finances) (Amendment) Act, 2016. Und
Published 25 Oct, 2016 12:00am
BOARD MEETINGS
Cotton

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 25 Oct, 2016 12:00am
Imran steps up pressure on Prime Minister

Imran steps up pressure on Prime Minister

Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan on Monday said his party would remain in Islamabad until Prime Minister Nawaz Sharif resigned. Addressing a rally here, Khan said he had never bowed before anyone and neither would the people of Pakistan.
Published 25 Oct, 2016 12:00am
Board Meetings
Cotton

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 25 Oct, 2016 12:00am
'News' leak: LHC issues notices

'News' leak: LHC issues notices

The Lahore High Court on Monday issued notices to the federal government and the interior ministry for November 5 in a petition seeking an inquiry against functionaries involved in leaking the information of an in-camera meeting of National Security Commi
Published 25 Oct, 2016 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 25 Oct, 2016 12:00am
Growth government''s main objective: Dar

Growth government''s main objective: Dar

Finance Minister Ishaq Dar said on Monday that after achieving economic stability, the government''s focus in now on growth and acknowledged the downside risk to the economy is associated with the external balance of payment position. Speaking at an event
Published 25 Oct, 2016 12:00am
Growth government's main objective: Dar

Growth government's main objective: Dar

Finance Minister Ishaq Dar said on Monday that after achieving economic stability, the government's focus in now on growth and acknowledged the downside risk to the economy is associated with the external balance of payment position. Speaking at an event
Published 25 Oct, 2016 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 25 Oct, 2016 12:00am
Growth government's main objective: Dar

Growth government's main objective: Dar

Finance Minister Ishaq Dar said on Monday that after achieving economic stability, the government's focus in now on growth and acknowledged the downside risk to the economy is associated with the external balance of payment position. Speaking at an event
Published 25 Oct, 2016 12:00am
''Pakistan out of economic crisis''

''Pakistan out of economic crisis''

Pakistan was praised Monday by IMF chief Christine Lagarde for emerging from an economic crisis and stabilising its economy, after the country completed its bailout programme. The IMF released the last instalment of a $6.6 billion three-year economic bail
Published 25 Oct, 2016 12:00am
'Pakistan out of economic crisis'

'Pakistan out of economic crisis'

Pakistan was praised Monday by IMF chief Christine Lagarde for emerging from an economic crisis and stabilising its economy, after the country completed its bailout programme. The IMF released the last instalment of a $6.6 billion three-year economic bail
Published 25 Oct, 2016 12:00am
'Pakistan out of economic crisis'

'Pakistan out of economic crisis'

Pakistan was praised Monday by IMF chief Christine Lagarde for emerging from an economic crisis and stabilising its economy, after the country completed its bailout programme. The IMF released the last instalment of a $6.6 billion three-year economic bail
Published 25 Oct, 2016 12:00am
Lagarde spells out priority areas for reforms

Lagarde spells out priority areas for reforms

The International Monetary Fund (IMF) Managing Director Christine Lagarde on Monday urged Pakistani authorities to focus on three priority areas for economic reforms: reinforce economic resilience, raise the growth rate and make growth more inclusive. Spe
Published 25 Oct, 2016 12:00am
Lagarde spells out priority areas for reforms

Lagarde spells out priority areas for reforms

The International Monetary Fund (IMF) Managing Director Christine Lagarde on Monday urged Pakistani authorities to focus on three priority areas for economic reforms: reinforce economic resilience, raise the growth rate and make growth more inclusive. Spe
Published 25 Oct, 2016 12:00am
Lagarde spells out priority areas for reforms

Lagarde spells out priority areas for reforms

The International Monetary Fund (IMF) Managing Director Christine Lagarde on Monday urged Pakistani authorities to focus on three priority areas for economic reforms: reinforce economic resilience, raise the growth rate and make growth more inclusive. Spe
Published 25 Oct, 2016 12:00am
BRIndex30sheds 317.7 points

BRIndex30sheds 317.7 points

On Monday, BRIndex30 opened at 23,620.65 and remained negative throughout the trading session. It touched an intraday high of 23,620.65 and an intraday Low of 23,270.53 and closed at 23,302.95 which was-317.7 points or -1.35 percent lower than previous cl
Published 25 Oct, 2016 12:00am
BRIndex30sheds 317.7 points

BRIndex30sheds 317.7 points

On Monday, BRIndex30 opened at 23,620.65 and remained negative throughout the trading session. It touched an intraday high of 23,620.65 and an intraday Low of 23,270.53 and closed at 23,302.95 which was-317.7 points or -1.35 percent lower than previous cl
Published 25 Oct, 2016 12:00am
Banking sector leads decline

Banking sector leads decline

Pakistan Stock Exchange remained under pressure throughout the day Monday due to increasing political uncertainty and the start of the roll-over week. The benchmark KSE-100 index declined by 439.40 points to close at 40.852.03 points, weighed mainly by ba
Published 25 Oct, 2016 12:00am
Banking sector leads decline

Banking sector leads decline

Pakistan Stock Exchange remained under pressure throughout the day Monday due to increasing political uncertainty and the start of the roll-over week. The benchmark KSE-100 index declined by 439.40 points to close at 40.852.03 points, weighed mainly by ba
Published 25 Oct, 2016 12:00am
Banking sector leads decline

Banking sector leads decline

Pakistan Stock Exchange remained under pressure throughout the day Monday due to increasing political uncertainty and the start of the roll-over week. The benchmark KSE-100 index declined by 439.40 points to close at 40.852.03 points, weighed mainly by ba
Published 25 Oct, 2016 12:00am
EU-Canada trade pact: Blow to Europe as Belgium baulks

EU-Canada trade pact: Blow to Europe as Belgium baulks

Europe suffered a new blow when Belgium conceded it could not give the support needed for the EU to seal a landmark free trade deal with Canada by a late Monday deadline. The development deepened the turmoil in a European Union shaken by a series of crise
Published 25 Oct, 2016 12:00am
EU-Canada trade pact: Blow to Europe as Belgium baulks

EU-Canada trade pact: Blow to Europe as Belgium baulks

Europe suffered a new blow when Belgium conceded it could not give the support needed for the EU to seal a landmark free trade deal with Canada by a late Monday deadline. The development deepened the turmoil in a European Union shaken by a series of crise
Published 25 Oct, 2016 12:00am
EU-Canada trade pact: Blow to Europe as Belgium baulks

EU-Canada trade pact: Blow to Europe as Belgium baulks

Europe suffered a new blow when Belgium conceded it could not give the support needed for the EU to seal a landmark free trade deal with Canada by a late Monday deadline. The development deepened the turmoil in a European Union shaken by a series of crise
Published 25 Oct, 2016 12:00am
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