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FFL 15.41 Decreased By ▼ -0.11 (-0.71%)
FLYNG 28.62 Increased By ▲ 0.68 (2.43%)
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HUMNL 12.07 Decreased By ▼ -0.30 (-2.43%)
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KOSM 5.48 Decreased By ▼ -0.08 (-1.44%)
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SYM 14.64 Increased By ▲ 0.16 (1.1%)
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TPLP 9.15 Decreased By ▼ -0.22 (-2.35%)
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Apr 27, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2016-11-23
BRIndex30 gains 181.15 points

BRIndex30 gains 181.15 points

On Tuesday, BRIndex30 opened at 24,077.07 points. It touched an intraday high of 24,334.28 points and an intraday low of 24,070.56 points and closed at 24,258.22 points which was 181.15 points or 0.75 percent higher than previous close. Total volume was 2
Published 23 Nov, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (November 22, 2016).

Published 23 Nov, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (November 22, 2016).

Published 23 Nov, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (November 22, 2016).

Published 23 Nov, 2016 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Tuesday (November 22, 2016).

Published 23 Nov, 2016 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Tuesday (November 22, 2016).

Published 23 Nov, 2016 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Tuesday (November 22, 2016).

Published 23 Nov, 2016 12:00am
Dr Asim named PPP Karachi president

Dr Asim named PPP Karachi president

Pakistan People's Party announced names of new office-bearers of the party's chapters among which Dr Asim, a close-aide of Asif Zardari was made PPP Karachi chapter president while Senator Saeed Ghani was named as general secretary. Deputy speaker Sindh A
Published 23 Nov, 2016 12:00am
Dr Asim named PPP Karachi president

Dr Asim named PPP Karachi president

Pakistan People's Party announced names of new office-bearers of the party's chapters among which Dr Asim, a close-aide of Asif Zardari was made PPP Karachi chapter president while Senator Saeed Ghani was named as general secretary. Deputy speaker Sindh A
Published 23 Nov, 2016 12:00am
PIA considers Boeing, Airbus jets for fleet upgrade

PIA considers Boeing, Airbus jets for fleet upgrade

Pakistan International Airlines (PIA) is evaluating an order for wide-body Airbus and Boeing jets as it looks to upgrade its ageing fleet, an executive for the state-owned airline said on Tuesday. "Boeing 777X would be a good option," the airline's execut
Published 23 Nov, 2016 12:00am
PIA considers Boeing, Airbus jets for fleet upgrade

PIA considers Boeing, Airbus jets for fleet upgrade

Pakistan International Airlines (PIA) is evaluating an order for wide-body Airbus and Boeing jets as it looks to upgrade its ageing fleet, an executive for the state-owned airline said on Tuesday. "Boeing 777X would be a good option," the airline's execut
Published 23 Nov, 2016 12:00am
PIA considers Boeing, Airbus jets for fleet upgrade

PIA considers Boeing, Airbus jets for fleet upgrade

Pakistan International Airlines (PIA) is evaluating an order for wide-body Airbus and Boeing jets as it looks to upgrade its ageing fleet, an executive for the state-owned airline said on Tuesday. "Boeing 777X would be a good option," the airline''s execu
Published 23 Nov, 2016 12:00am
FBR opposes real estate sector proposals

FBR opposes real estate sector proposals

The Federal Board of Revenue (FBR) Tuesday strongly opposed both the proposals of real estate sector ie onetime exemption/waiver from explanation of sources of investment in immovable property and fixation of nominal tax rate for difference between the DC
Published 23 Nov, 2016 12:00am
FBR opposes real estate sector proposals

FBR opposes real estate sector proposals

The Federal Board of Revenue (FBR) Tuesday strongly opposed both the proposals of real estate sector ie onetime exemption/waiver from explanation of sources of investment in immovable property and fixation of nominal tax rate for difference between the DC
Published 23 Nov, 2016 12:00am
FBR opposes real estate sector proposals

FBR opposes real estate sector proposals

The Federal Board of Revenue (FBR) Tuesday strongly opposed both the proposals of real estate sector ie onetime exemption/waiver from explanation of sources of investment in immovable property and fixation of nominal tax rate for difference between the DC
Published 23 Nov, 2016 12:00am
National Assembly panel approves amnesty law

National Assembly panel approves amnesty law

The National Assembly's Standing Committee on Finance has approved a law to grant one-time amnesty scheme for real estate sector amid opposition to the scheme by the Finance Ministry and the Federal Board of Revenue (FBR).
Published 23 Nov, 2016 12:00am
National Assembly panel approves amnesty law

National Assembly panel approves amnesty law

The National Assembly's Standing Committee on Finance has approved a law to grant one-time amnesty scheme for real estate sector amid opposition to the scheme by the Finance Ministry and the Federal Board of Revenue (FBR).
Published 23 Nov, 2016 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 23 Nov, 2016 12:00am
National Assembly panel approves amnesty law

National Assembly panel approves amnesty law

The National Assembly''s Standing Committee on Finance has approved a law to grant one-time amnesty scheme for real estate sector amid opposition to the scheme by the Finance Ministry and the Federal Board of Revenue (FBR).
Published 23 Nov, 2016 12:00am
Trump vows to withdraw from TPP 'on day one'

Trump vows to withdraw from TPP 'on day one'

Donald Trump said Monday the United States would signal its withdrawal from the Trans-Pacific Partnership (TPP) trade pact on his first day in the White House, one of six immediate steps aimed at "putting America first." The Republican billionaire - who f
Published 23 Nov, 2016 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 23 Nov, 2016 12:00am
Trump vows to withdraw from TPP 'on day one'

Trump vows to withdraw from TPP 'on day one'

Donald Trump said Monday the United States would signal its withdrawal from the Trans-Pacific Partnership (TPP) trade pact on his first day in the White House, one of six immediate steps aimed at "putting America first." The Republican billionaire - who f
Published 23 Nov, 2016 12:00am
Trump vows to withdraw from TPP ''on day one''

Trump vows to withdraw from TPP ''on day one''

Donald Trump said Monday the United States would signal its withdrawal from the Trans-Pacific Partnership (TPP) trade pact on his first day in the White House, one of six immediate steps aimed at "putting America first." The Republican billionaire - who f
Published 23 Nov, 2016 12:00am
IDEAS-2016 inaugurated: 'Arms for peace' our motto: Prime Minister

IDEAS-2016 inaugurated: 'Arms for peace' our motto: Prime Minister

Prime Minister Nawaz Sharif on Tuesday said Pakistan was against an arms race in the region, however would pursue the motto of 'arms for peace'. Speaking at the inauguration of four-day ninth International Defence Exhibition and Seminar (IDEAS) here, the
Published 23 Nov, 2016 12:00am
IDEAS-2016 inaugurated: 'Arms for peace' our motto: Prime Minister

IDEAS-2016 inaugurated: 'Arms for peace' our motto: Prime Minister

Prime Minister Nawaz Sharif on Tuesday said Pakistan was against an arms race in the region, however would pursue the motto of 'arms for peace'. Speaking at the inauguration of four-day ninth International Defence Exhibition and Seminar (IDEAS) here, the
Published 23 Nov, 2016 12:00am
IDEAS-2016 inaugurated: ''Arms for peace'' our motto: Prime Minister

IDEAS-2016 inaugurated: ''Arms for peace'' our motto: Prime Minister

Prime Minister Nawaz Sharif on Tuesday said Pakistan was against an arms race in the region, however would pursue the motto of ''arms for peace''. Speaking at the inauguration of four-day ninth International Defence Exhibition and Seminar (IDEAS) here, th
Published 23 Nov, 2016 12:00am
IDEAS-2016 inaugurated: ''''Arms for peace'''' our motto: Prime Minister

IDEAS-2016 inaugurated: ''''Arms for peace'''' our motto: Prime Minister

Prime Minister Nawaz Sharif on Tuesday said Pakistan was against an arms race in the region, however would pursue the motto of ''''arms for peace''''. Speaking at the inauguration of four-day ninth International Defence Exhibition and Seminar (IDEAS) here
Published 23 Nov, 2016 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (November 22, 2016).

Published 23 Nov, 2016 12:00am
Equities extend gains
Currency

Equities extend gains

Despite foreign selling, Pakistan Stock Exchange (PSX) Tuesday witnessed a positive trend and the benchmark KSE-100 index rose by 192.54 points to close at 42,631.58 points. Foreign investors were net sellers of shares worth $18.2 million however local in
Published 23 Nov, 2016 12:00am
Equities extend gains
Currency

Equities extend gains

Despite foreign selling, Pakistan Stock Exchange (PSX) Tuesday witnessed a positive trend and the benchmark KSE-100 index rose by 192.54 points to close at 42,631.58 points. Foreign investors were net sellers of shares worth $18.2 million however local in
Published 23 Nov, 2016 12:00am
Equities extend gains
Currency

Equities extend gains

Despite foreign selling, Pakistan Stock Exchange (PSX) Tuesday witnessed a positive trend and the benchmark KSE-100 index rose by 192.54 points to close at 42,631.58 points. Foreign investors were net sellers of shares worth $18.2 million however local in
Published 23 Nov, 2016 12:00am
Brazil to support local wheat sales as prices slump

Brazil to support local wheat sales as prices slump

Brazil's government will provide financial support to local wheat sales after a record domestic crop depressed prices and market activity, Agriculture Policy Secretary Neri Geller told Reuters on Wednesday. Geller said the government would spend around 15
Published 23 Nov, 2016 12:00am
Ceasefire violations: Indian diplomat summoned

Ceasefire violations: Indian diplomat summoned

Pakistan on Tuesday summoned the top Indian diplomat and lodged a protest on the continued unprovoked ceasefire violations on the Line of Control (LoC) and violation of Pakistan's Maritime Exclusive Economic Zone by the Indian naval submarine. According t
Published 23 Nov, 2016 12:00am
Ceasefire violations: Indian diplomat summoned

Ceasefire violations: Indian diplomat summoned

Pakistan on Tuesday summoned the top Indian diplomat and lodged a protest on the continued unprovoked ceasefire violations on the Line of Control (LoC) and violation of Pakistan's Maritime Exclusive Economic Zone by the Indian naval submarine. According t
Published 23 Nov, 2016 12:00am
Egypt court quashes Morsi life sentence

Egypt court quashes Morsi life sentence

An Egyptian appeals court Tuesday quashed one of two life sentences handed down to Mohamed Morsi since his 2013 overthrow, in the Islamist ex-president's second appeals victory in a week. The Court of Cassation, Egypt's highest appeals court, issued the v
Published 23 Nov, 2016 12:00am
IPO & EPO: Commerce ministry seeks cabinet's power for minister

IPO & EPO: Commerce ministry seeks cabinet's power for minister

Commerce Ministry has reportedly sought the federal cabinet's powers for the Commerce Minister, Engineer Khurram Dastgir Khan for any amendment to the Import Policy Order (IPO) and Export Policy Order (EPO) aimed at resolving routine matters within the Mi
Published 23 Nov, 2016 12:00am
IPO & EPO: Commerce ministry seeks cabinet's power for minister

IPO & EPO: Commerce ministry seeks cabinet's power for minister

Commerce Ministry has reportedly sought the federal cabinet's powers for the Commerce Minister, Engineer Khurram Dastgir Khan for any amendment to the Import Policy Order (IPO) and Export Policy Order (EPO) aimed at resolving routine matters within the Mi
Published 23 Nov, 2016 12:00am
IPO & EPO: Commerce ministry seeks cabinet''s power for minister

IPO & EPO: Commerce ministry seeks cabinet''s power for minister

Commerce Ministry has reportedly sought the federal cabinet''s powers for the Commerce Minister, Engineer Khurram Dastgir Khan for any amendment to the Import Policy Order (IPO) and Export Policy Order (EPO) aimed at resolving routine matters within the M
Published 23 Nov, 2016 12:00am
'Insider trading' by Tareen: SECP files concise statement in SC

'Insider trading' by Tareen: SECP files concise statement in SC

The Securities and Exchange Commission of Pakistan (SECP) on Monday filed a concise statement in the Supreme Court in response to Pakistan Muslim League-Nawaz (PML-N) leader Hanif Abbasi's plea seeking disqualification of Chairman Pakistan Tehreek-e-Insaf
Published 23 Nov, 2016 12:00am
'Insider trading' by Tareen: SECP files concise statement in SC

'Insider trading' by Tareen: SECP files concise statement in SC

The Securities and Exchange Commission of Pakistan (SECP) on Monday filed a concise statement in the Supreme Court in response to Pakistan Muslim League-Nawaz (PML-N) leader Hanif Abbasi's plea seeking disqualification of Chairman Pakistan Tehreek-e-Insaf
Published 23 Nov, 2016 12:00am
''Insider trading'' by Tareen: SECP files concise statement in SC

''Insider trading'' by Tareen: SECP files concise statement in SC

The Securities and Exchange Commission of Pakistan (SECP) on Monday filed a concise statement in the Supreme Court in response to Pakistan Muslim League-Nawaz (PML-N) leader Hanif Abbasi''s plea seeking disqualification of Chairman Pakistan Tehreek-e-Insa
Published 23 Nov, 2016 12:00am
The FDI woes

The FDI woes

Foreign Direct Investment (FDI) data released by the State Bank of Pakistan (SBP) during the first four months of the current year showed a decline of 48 percent in comparison to the comparable period of last year. Inflows (July-October) were estimated at
Published 23 Nov, 2016 12:00am
Appointment of army chief

Appointment of army chief

One thing is settled now: General Raheel Sharif will retire on due date that is November 29 and Prime Minister Nawaz Sharif will appoint the new army chief. He will also appoint new Chairman of Joint Chiefs of Staff Committee in place of General Rashad Ma
Published 23 Nov, 2016 12:00am
The Trump challenge

The Trump challenge

A group of experts and former US officials has advised the next US President to plan for a long-term American role in Afghanistan. In the view of the group, the watchword for this new approach should be one of an enduring partnership, based on mutual comm
Published 23 Nov, 2016 12:00am
Where have the Governors gone

Where have the Governors gone

Once upon a time there were governors who actually governed. Lawrence, who left behind lofty traditions reaching far beyond the gardens in Lahore named after him. Amir Mohammad Khan of Kalabagh, whose weight in office went beyond his intimidating corpus a
Published 23 Nov, 2016 12:00am
Preponderance of population census

Preponderance of population census

This is apropos a Business Recorder news item "Senate informed: Government wants to hold population census in March" carried by the newspaper yesterday. According to it, the government informed the Senate that it intends to conduct census in March
Published 23 Nov, 2016 12:00am
US MIDDAY: gold edges lower

US MIDDAY: gold edges lower

Gold edged lower on Tuesday after US equities hit all-time highs on market expectations for higher growth and more spending from a Donald Trump presidency. Trump's victory in the November 8 US election initially saw a flight to safe-haven assets such as g
Published 23 Nov, 2016 12:00am
US MIDDAY: soyabeans climb

US MIDDAY: soyabeans climb

Chicago Board of Trade soyabean futures hit a four-month high on Tuesday on strength in Chinese soya markets and technical buying, analysts said. Corn inched higher while wheat was mixed ahead of the US Thanksgiving holiday on Thursday. As of 12:58 pm CST
Published 23 Nov, 2016 12:00am
Oil prices end near flat on uncertain outcome from Opec meeting

Oil prices end near flat on uncertain outcome from Opec meeting

Oil ended little changed on Tuesday in volatile trade that saw prices rise and fall by $1 a barrel depending on the latest comment from Opec officials at a technical conference in Vienna on whether the cartel members would agree to an output cut. Official
Published 23 Nov, 2016 12:00am
Offshore assets - IV
Currency

Offshore assets - IV

General: 1. In my first article on the subject, published on 26 October2016, I had identified that there can be various structures in practice for the ownership of 'Offshore Assets' by Pakistani citizens. In this part of the article, I will dilate on vari
Published 23 Nov, 2016 12:00am
Shanghai copper rallies

Shanghai copper rallies

Shanghai Futures Exchange (ShFE) copper rallied 3.8 percent to 46,210 yuan ($6,706). Other ShFE metals held solid gains of 3 to 6 percent, as investors hunted for yield on Tuesday. In China, iron ore, rebar and coking coal all hit limit up levels as specu
Published 23 Nov, 2016 12:00am
Cotton little changed
Cotton

Cotton little changed

Cotton futures were little changed on Monday as traders remained cautious ahead of the first notice day of the December contract later in the week. We have a lot of people waiting to see what speculators are going to do on the first notice day on Wednesda
Published 23 Nov, 2016 12:00am
KE consumers to get 9 paisa per unit refund

KE consumers to get 9 paisa per unit refund

National Electric Power Regulatory Authority (Nepra) on Tuesday approved a refund of 09 paisa per unit for the consumers of Karachi overcharged by Karachi Electric (KE) in September 2016 after approval under provisional monthly fuel charges adjustment for
Published 23 Nov, 2016 12:00am
KSA announces two-year multiple visa for Pakistani businessmen

KSA announces two-year multiple visa for Pakistani businessmen

The Kingdom of Saudi Arabia (KSA) on Tuesday announced to give two-year multiple visa to Pakistani businessmen recommended by the Federation of Pakistan Chambers of Commerce and Industry (FPCCI). This was decided at a meeting between Saudi Ambassador to P
Published 23 Nov, 2016 12:00am
Copper climbs on inflation bets, tighter supply

Copper climbs on inflation bets, tighter supply

Copper hit a one-week high on Tuesday, powered by signs of tighter supply and as investors betting on rising US inflation and a further depreciation of the yuan bought the metal as a hedge. World stocks climbed as investors stuck to the view that US Presi
Published 23 Nov, 2016 12:00am
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