News Archives for Print - 2016-12-06

Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Monday (December 05, 2016).

Published 06 Dec, 2016 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Monday (December 05, 2016).

Published 06 Dec, 2016 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Monday (December 05, 2016).

Published 06 Dec, 2016 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Monday (December 05, 2016).

Published 06 Dec, 2016 12:00am

Jayalalithaa Jayaram, the chief minister of south India's Tamil Nadu state and one of the country's most popular political leaders, died after a prolonged illness, hospital authorities announced late Monday night. "It is with indescribable grief, we annou

Published 06 Dec, 2016 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Monday (December 05, 2016).

Published 06 Dec, 2016 12:00am

Jayalalithaa passes away

Jayalalithaa Jayaram, the chief minister of south India's Tamil Nadu state and one of the country's most popular political leaders, died after a prolonged illness, hospital authorities announced late Monday night. "It is with indescribable grief, we annou

Published 06 Dec, 2016 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Monday (December 05, 2016).

Published 06 Dec, 2016 12:00am

Realty sector: TI Pakistan urges Supreme Court to ban amnesty scheme

Transparency International Pakistan has requested the Supreme Court of Pakistan to ban the recently approved amnesty scheme for real estate sector. A copy of the Transparency International Pakistan letter made available to Business Recorder on Mond

Published 06 Dec, 2016 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Monday (December 05, 2016).

Published 06 Dec, 2016 12:00am

Realty sector: TI Pakistan urges Supreme Court to ban amnesty scheme

Transparency International Pakistan has requested the Supreme Court of Pakistan to ban the recently approved amnesty scheme for real estate sector. A copy of the Transparency International Pakistan letter made available to Business Recorder on Mond

Published 06 Dec, 2016 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Monday (December 05, 2016).

Published 06 Dec, 2016 12:00am

Realty sector: TI Pakistan urges Supreme Court to ban amnesty scheme

Transparency International Pakistan has requested the Supreme Court of Pakistan to ban the recently approved amnesty scheme for real estate sector. A copy of the Transparency International Pakistan letter made available to Business Recorder on Mond

Published 06 Dec, 2016 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Monday (December 05, 2016).

Published 06 Dec, 2016 12:00am

12 dead, 75 injured in 4-star Karachi hotel fire

At least 12 people were killed and some 75 others injured due to huge fire erupted in a hotel, here on Monday, the police said. The fire broke out at the kitchen of a multi-story hotel at the city's busiest Shahrah-i-Faisal at around 3 am that engulfed ma

Published 06 Dec, 2016 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Monday (December 05, 2016).

Published 06 Dec, 2016 12:00am

12 dead, 75 injured in 4-star Karachi hotel fire

At least 12 people were killed and some 75 others injured due to huge fire erupted in a hotel, here on Monday, the police said. The fire broke out at the kitchen of a multi-story hotel at the city's busiest Shahrah-i-Faisal at around 3 am that engulfed ma

Published 06 Dec, 2016 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Monday (December 05, 2016).

Published 06 Dec, 2016 12:00am

Supply of LNG: talks with Italy under way: Khaqan

Italy is keen to supply Liquefied Natural Gas (LNG) to Pakistan for which negotiations are under way between the relevant officials, Federal Minister for Petroleum Shahid Khaqan Abbasi said. Talking to Business Recorder, here on Monday after chairi

Published 06 Dec, 2016 12:00am

EFU GUARANTEED GROWTH FUND RATES

EFU Guaranteed Growth Fund Rates on Monday (December 05, 2016).

Published 06 Dec, 2016 12:00am

Supply of LNG: talks with Italy under way: Khaqan

Italy is keen to supply Liquefied Natural Gas (LNG) to Pakistan for which negotiations are under way between the relevant officials, Federal Minister for Petroleum Shahid Khaqan Abbasi said. Talking to Business Recorder, here on Monday after chairi

Published 06 Dec, 2016 12:00am

EFU GUARANTEED GROWTH FUND RATES

EFU Guaranteed Growth Fund Rates on Monday (December 05, 2016).

Published 06 Dec, 2016 12:00am

Supply of LNG: talks with Italy under way: Khaqan

Italy is keen to supply Liquefied Natural Gas (LNG) to Pakistan for which negotiations are under way between the relevant officials, Federal Minister for Petroleum Shahid Khaqan Abbasi said. Talking to Business Recorder, here on Monday after chairi

Published 06 Dec, 2016 12:00am

EFU GUARANTEED GROWTH FUND RATES

EFU Guaranteed Growth Fund Rates on Monday (December 05, 2016).

Published 06 Dec, 2016 12:00am

Pakistan, Italy agree to increase trade volume

Pakistan and Italy Monday agreed to increase the trade volume to real potential and stated that existing trade volume of $1 billion was below the real potential. Parliamentary Secretary on Finance, Rana Muhammad Afzal said the government is working on a s

Published 06 Dec, 2016 12:00am

EFU TAKAFUL GROWTH FUND RATES

EFU Takaful Growth Fund Rates on Monday (December 05, 2016).

Published 06 Dec, 2016 12:00am

Pakistan, Italy agree to increase trade volume

Pakistan and Italy Monday agreed to increase the trade volume to real potential and stated that existing trade volume of $1 billion was below the real potential. Parliamentary Secretary on Finance, Rana Muhammad Afzal said the government is working on a s

Published 06 Dec, 2016 12:00am

EFU TAKAFUL GROWTH FUND RATES

EFU Takaful Growth Fund Rates on Monday (December 05, 2016).

Published 06 Dec, 2016 12:00am

Pakistan, Italy agree to increase trade volume

Pakistan and Italy Monday agreed to increase the trade volume to real potential and stated that existing trade volume of $1 billion was below the real potential. Parliamentary Secretary on Finance, Rana Muhammad Afzal said the government is working on a s

Published 06 Dec, 2016 12:00am

EFU TAKAFUL GROWTH FUND RATES

EFU Takaful Growth Fund Rates on Monday (December 05, 2016).

Published 06 Dec, 2016 12:00am

UK Supreme Court begins hearings on Brexit challenge

Britain's Supreme Court began an historic hearing Monday to decide whether parliament must approve the government's Brexit negotiations, in a highly-charged case that could delay the country's EU exit. For the first time ever, all 11 Supreme Court judges

Published 06 Dec, 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 06 Dec, 2016 12:00am

UK Supreme Court begins hearings on Brexit challenge

Britain's Supreme Court began an historic hearing Monday to decide whether parliament must approve the government's Brexit negotiations, in a highly-charged case that could delay the country's EU exit. For the first time ever, all 11 Supreme Court judges

Published 06 Dec, 2016 12:00am

Clearing Schedule for T+2 System

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

Published 06 Dec, 2016 12:00am

UK Supreme Court begins hearings on Brexit challenge

Britain''s Supreme Court began an historic hearing Monday to decide whether parliament must approve the government''s Brexit negotiations, in a highly-charged case that could delay the country''s EU exit. For the first time ever, all 11 Supreme Court judg

Published 06 Dec, 2016 12:00am

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 06 Dec, 2016 12:00am

Britain moves to change WTO terms after Brexit vote

Britain is beginning work on becoming an independent member of the World Trade Organisation (WTO) after Brexit, using the EU's current terms as the template, International Trade Secretary Liam Fox said Monday. Britain is currently represented in the 164-m

Published 06 Dec, 2016 12:00am

Last date of renunciation/payment

Last dates of renunciation/payment.

Published 06 Dec, 2016 12:00am

Britain moves to change WTO terms after Brexit vote

Britain is beginning work on becoming an independent member of the World Trade Organisation (WTO) after Brexit, using the EU's current terms as the template, International Trade Secretary Liam Fox said Monday. Britain is currently represented in the 164-m

Published 06 Dec, 2016 12:00am

Dividend/Bonus Announcements

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

Published 06 Dec, 2016 12:00am

Britain moves to change WTO terms after Brexit vote

Britain is beginning work on becoming an independent member of the World Trade Organisation (WTO) after Brexit, using the EU''s current terms as the template, International Trade Secretary Liam Fox said Monday. Britain is currently represented in the 164-

Published 06 Dec, 2016 12:00am

Cotton

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 06 Dec, 2016 12:00am

RTGS operations: Islamic banking branches allowed direct membership

The State Bank of Pakistan (SBP) Monday allowed Islamic Banking Branches (IBBs) of the conventional banks direct membership of Real-Time Gross Settlement (RTGS) system aimed at enhancing the outreach of electronic transfer of large value funds. According

Published 06 Dec, 2016 12:00am

Despatch of dividend warrants

Dates of despatch of dividend warrants and bonus share certificates.

Published 06 Dec, 2016 12:00am

RTGS operations: Islamic banking branches allowed direct membership

The State Bank of Pakistan (SBP) Monday allowed Islamic Banking Branches (IBBs) of the conventional banks direct membership of Real-Time Gross Settlement (RTGS) system aimed at enhancing the outreach of electronic transfer of large value funds. According

Published 06 Dec, 2016 12:00am

BRIndex30 and BR Sectoral Indices

BRIndex30 and BR Sectoral Indices on Monday (December 05, 2016).

Published 06 Dec, 2016 12:00am

RTGS operations: Islamic banking branches allowed direct membership

The State Bank of Pakistan (SBP) Monday allowed Islamic Banking Branches (IBBs) of the conventional banks direct membership of Real-Time Gross Settlement (RTGS) system aimed at enhancing the outreach of electronic transfer of large value funds. According

Published 06 Dec, 2016 12:00am

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

National Clearing Company declares daily settlement information for local & foreign investors on Monday (December 05, 2016).

Published 06 Dec, 2016 12:00am

PSX divestment: bid opening date extended to December 15

The opening date of bids, submitted by foreign strategic investors and local institutions to acquire 40 percent stake of Pakistan Stock Exchange (PSX), has been extended to December 15, 2016. A meeting of PSX Divestment Committee was held on Monday to ope

Published 06 Dec, 2016 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Monday (December 05, 2016)

Published 06 Dec, 2016 12:00am

PSX divestment: bid opening date extended to December 15

The opening date of bids, submitted by foreign strategic investors and local institutions to acquire 40 percent stake of Pakistan Stock Exchange (PSX), has been extended to December 15, 2016. A meeting of PSX Divestment Committee was held on Monday to ope

Published 06 Dec, 2016 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Monday (December 05, 2016)

Published 06 Dec, 2016 12:00am

PSX divestment: bid opening date extended to December 15

The opening date of bids, submitted by foreign strategic investors and local institutions to acquire 40 percent stake of Pakistan Stock Exchange (PSX), has been extended to December 15, 2016. A meeting of PSX Divestment Committee was held on Monday to ope

Published 06 Dec, 2016 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Monday (December 05, 2016)

Published 06 Dec, 2016 12:00am

PSX sets new record high

Pakistan Stock Exchange (PSX) witnessed another bullish session Monday and the benchmark KSE-100 index, for the first time in its history, crossed 43,700 psychological level to close at a new high of 43,739.97 points, with a healthy gain of 469.07 points.

Published 06 Dec, 2016 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Monday (December 05, 2016).

Published 06 Dec, 2016 12:00am

PSX sets new record high

Pakistan Stock Exchange (PSX) witnessed another bullish session Monday and the benchmark KSE-100 index, for the first time in its history, crossed 43,700 psychological level to close at a new high of 43,739.97 points, with a healthy gain of 469.07 points.

Published 06 Dec, 2016 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Monday (December 05, 2016).

Published 06 Dec, 2016 12:00am

PSX sets new record high

Pakistan Stock Exchange (PSX) witnessed another bullish session Monday and the benchmark KSE-100 index, for the first time in its history, crossed 43,700 psychological level to close at a new high of 43,739.97 points, with a healthy gain of 469.07 points.

Published 06 Dec, 2016 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Monday (December 05, 2016).

Published 06 Dec, 2016 12:00am

BRIndex30 up 387.13 points

On Monday, BRIndex30 opened at 24,569.74 points and remained positive throughout the trading session. It touched an intraday high of 25,003.05 points and an intraday low of 24,569.74 points and closed at 24,956.87 points which was 387.13 points or 1.58 pe

Published 06 Dec, 2016 12:00am

Currency

THE RUPEE: steadier trend

Firmness prevailed on the money market on Monday in the process of trading, dealers said. The rupee shed one paisa in relation to the greenback for buying and selling at Rs 104.82 and Rs 104.83 respectively, they said. In the first Asian trade, the euro t

Published 06 Dec, 2016 12:00am

BRIndex30 up 387.13 points

On Monday, BRIndex30 opened at 24,569.74 points and remained positive throughout the trading session. It touched an intraday high of 25,003.05 points and an intraday low of 24,569.74 points and closed at 24,956.87 points which was 387.13 points or 1.58 pe

Published 06 Dec, 2016 12:00am

Currency

THE RUPEE: steadier trend

Firmness prevailed on the money market on Monday in the process of trading, dealers said. The rupee shed one paisa in relation to the greenback for buying and selling at Rs 104.82 and Rs 104.83 respectively, they said. In the first Asian trade, the euro t

Published 06 Dec, 2016 12:00am

Diamer-Bhasha Dam: financing plan given approval

Prime Minister Nawaz Sharif approved, in principle, the financing plan for construction of Diamer-Bhasha Dam from indigenous resources with directives to the ministry of finance for finalisation of funding modalities. The proposal of the ministry of water

Published 06 Dec, 2016 12:00am

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Monday (December 05, 2016).

Published 06 Dec, 2016 12:00am

Diamer-Bhasha Dam: financing plan given approval

Prime Minister Nawaz Sharif approved, in principle, the financing plan for construction of Diamer-Bhasha Dam from indigenous resources with directives to the ministry of finance for finalisation of funding modalities. The proposal of the ministry of water

Published 06 Dec, 2016 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Monday (December 05, 2016).

Published 06 Dec, 2016 12:00am

Diamer-Bhasha Dam: financing plan given approval

Prime Minister Nawaz Sharif approved, in principle, the financing plan for construction of Diamer-Bhasha Dam from indigenous resources with directives to the ministry of finance for finalisation of funding modalities. The proposal of the ministry of water

Published 06 Dec, 2016 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (December 05, 2016).

Published 06 Dec, 2016 12:00am

Diamer-Bhasha Dam: financing plan given approval

Prime Minister Nawaz Sharif approved, in principle, the financing plan for construction of Diamer-Bhasha Dam from indigenous resources with directives to the ministry of finance for finalisation of funding modalities. The proposal of the ministry of water

Published 06 Dec, 2016 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (December 05, 2016).

Published 06 Dec, 2016 12:00am

Prime Minister approves renaming physics center after Dr Abdus Salam

Prime Minister Nawaz Sharif on Monday gave, in principle, approval to the renaming of National Centre for Physics at Quaid-i-Azam University as "Professor Abdus Salam Center for Physics." The PM has directed the Ministry of Professional and Technical Trai

Published 06 Dec, 2016 12:00am

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 25th November, 2016.

Published 06 Dec, 2016 12:00am

Prime Minister approves renaming physics center after Dr Abdus Salam

Prime Minister Nawaz Sharif on Monday gave, in principle, approval to the renaming of National Centre for Physics at Quaid-i-Azam University as "Professor Abdus Salam Center for Physics." The PM has directed the Ministry of Professional and Technical Trai

Published 06 Dec, 2016 12:00am

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 25th November, 2016.

Published 06 Dec, 2016 12:00am

CPEC security: Army chief reaffirms Pakistan's commitment

General Zhao Zongqi Commander People Liberation Army, Western Theatre, People Republic of China, visited GHQ yesterday and called on General Qamar Javed Bajwa, Chief of Army Staff. General Zhao Zongqi congratulated General Qamar Javed Bajwa on assumption

Published 06 Dec, 2016 12:00am

'Gilgit Baltistan would not let CPEC pass through if it's deprived'

Former chief minister Gilgit Baltistan Syed Mehdi Shah the people of Gilgit Baltistan would not let the CPEC pass through in case they are deprived of their due share. He was addressing at the Bilawal House in connection with the Foundation Day celebratio

Published 06 Dec, 2016 12:00am

Canada oil sands Asia export dream faces port bottleneck

The bullish view for Suncor Energy Inc, Cenovus Energy Inc and other Canadian energy producers calls for Prime Minister Justin Trudeau by next month to approve a major pipeline expansion to the west coast, boosting sales of land-locked oil sands crude to

Published 06 Dec, 2016 12:00am

Saudi Arabia lowers selling price to Asia

Saudi Aramco has cut the January price for its Arab Light grade for Asian customers by $1.20 a barrel versus December to a discount of $0.75 a barrel to the Oman/Dubai average, it said on Tuesday. The company raised its Arab Light OSP to Northwest Europe

Published 06 Dec, 2016 12:00am

France heading for sharp drop in rapeseed output

France faces a steep fall in rapeseed production next year after dry conditions reduced sowings of the oilseed, consultancy ODA Groupe said on Friday, confirming an outlook it gave last month. The rapeseed area for next year's crop is expected to shrink b

Published 06 Dec, 2016 12:00am

Cotton

Cotton remains little changed

Cotton futures remained little changed on Monday in subdued trading activity, ahead of the monthly supply-demand report from the US Department of Agriculture later this week. "We saw what looked to be speculative long liquidation late last week. Further s

Published 06 Dec, 2016 12:00am

Two PML-N groups scuffle as Shahbaz reaches London

Punjab Chief Minister Shahbaz Sharif reached London after a tour of Turkey on Monday. Shahbaz Sharif has gone to London for his medical check-up. He was received by Pakistan Muslim League-Nawaz (PML-N) supporters on the airport. Before his arrival his sup

Published 06 Dec, 2016 12:00am

Agencies alone cannot overcome corruption, says NAB chief

The Chairman of the National Accountability Bureau, Qamar Zaman Chaudhry, urged all the segments of society, especially youth, to join hands with the NAB in fight against corruption, terming it one of the world's biggest obstacles to sustainable economic

Published 06 Dec, 2016 12:00am

Art and culture termed integral part of civilisation

Ambassador of Pakistan to UAE Moazzam Ahmed Khan has said that art and culture are an integral part of a civilisation. Such events are a tribute to the rich tapestry of culture and traditions that are the common heritage of the United Arab Emirates, Pakis

Published 06 Dec, 2016 12:00am

Abbasi, Italian delegation discuss energy crisis

A high level Italian delegation led by Ivan Scalfarotto, Italian Minister for Economic Development called on Federal Minister for Petroleum and Natural Resources, Shahid Khaqan Abbasi, here on Monday. Matters related to energy issues were discussed in the

Published 06 Dec, 2016 12:00am

TDAP to exhibit in ISPO 2017

The Trade Development Authority of Pakistan (TDAP) on Monday selected thirty two companies which would be showcasing their products in ISPO, the world's largest fair of sports goods industry, to be held from 5-8 February, 2017, at Munich, Germany. ISPO is

Published 06 Dec, 2016 12:00am

PML-N wins elections under NRO with terrorists: Bilawal

Chairman PPP Bilawal Bhutto Zardari claimed on Monday the PML-N has been winning elections under an NRO with terrorist organisations and the recent elections in Kashmir and Gilgit Baltistan have endorsed his impression. He was addressing party workers fro

Published 06 Dec, 2016 12:00am

Two-day Japan Business Exhibition from December 7

Japan External Trade Organisation (Jetro) Karachi Office is setting up a Japan Business Exhibition to showcase the strength of Japanese companies under one roof, at a prominent hotel in Karachi on December 7 & 8. Some 18 prominent Japanese companies from

Published 06 Dec, 2016 12:00am

Model Town incident: LHC reserves verdict

A Lahore High Court full bench on Monday reserved its verdict in a Pakistan Awami Tehreek's petition seeking Model Town incident's judicial inquiry be made part of its private complaint pending before an anti-terrorism court. Through its complaint, the PA

Published 06 Dec, 2016 12:00am

PSO informs Senate panel: Pumps mixing KO in petrol, diesel to maximise profits

A parliamentary panel was informed by the officials of Pakistan State Oil (PSO) on Monday that petrol pump owners are mixing kerosene oil (KO) in petrol and high speed diesel (HSD) to maximise their profits. This was revealed to the Senate sub-committee o

Published 06 Dec, 2016 12:00am

Khawaja Qadeer congratulates SHCBA office-bearers

Noted industrialist Khawaja Qadeer Ahmed congratulated new office bearers of the Sindh High Court Bar Association (SHCBA) on Monday. In a statement, he congratulated SCHBA President Shahab Sarki, vice president Naeem Suleman Kasam, honorary secretary Kash

Published 06 Dec, 2016 12:00am

Jamaat condemns government action against media

Chief of Jamaat-e-Islami, Pakistan, Senator Siraj-ul-Haq, strongly condemned the government steps against the media and said the rulers wanted to stifle every voice against themselves. He was addressing the journalists rally protesting against the closure

Published 06 Dec, 2016 12:00am

Imran's reply negates Jemima's statements: PML-N leaders

Pakistan Muslim League-Nawaz has said that the reply submitted by Imran Khan regarding his Bani Gala residence has exposed all his lies further. On Monday, Addressing a joint press conference, Minister of State for Capital Administration and Development D

Published 06 Dec, 2016 12:00am

Sindh underscores need for re-examining FTAs, PTAs

The government of Sindh has criticised the federal government for signing international trade pacts on the basis of political motivations instead of economic rationale. Chairperson Sindh Board of Investment (SBI), Naheed Memon, has communicated the direct

Published 06 Dec, 2016 12:00am

Speakers urge government to take steps for journalists' safety

Participants of a media conference on Monday urged the government to take concrete steps for the safety and security of journalists in the country and devise effective legislation on the matter as Pakistan is the most dangerous place for practising journa

Published 06 Dec, 2016 12:00am

SHC restrains NAB from arresting ex-MD SSI

The Sindh High Court Monday granting the interim pre-arrest bail to the former managing director of Sindh Small Industries Abdul Hai Dhamra by December 13 and restrained the NAB from arresting him. Dhamra has been nominated by NAB in an inquiry into alleg

Published 06 Dec, 2016 12:00am

Breach in Malwah branch drowns five villages

A 50-feet wide breach developed on Monday near Daulatpur in district Nawabshah submerging hundreds of acres of crops. The water gushing from the breach at RD-19 of Malwah branch near Daulatpur entered in five villages including Umar Rahu and Bachoo Rahu.

Published 06 Dec, 2016 12:00am

Imran rejects tax evasion allegations

The Election Commission of Pakistan (ECP) on Monday adjourned till December 15 the hearing in a reference seeking the disqualification of Chairman Pakistan Tehreek-e-Insaf Imran Khan and PTI General Secretary Jehangir Khan Tareen. Imran Khan submitted his

Published 06 Dec, 2016 12:00am

Cotton

CCAC revises cotton production downward

The Cotton Crop Assessment Committee (CCAC) on Monday revised cotton production estimates downward for the third time in the current season to 10.54 million bales against the initial estimates of 14.1 million bales ie by over 25 percent for the current se

Published 06 Dec, 2016 12:00am

Currency	Rate
USD PKR Interbank Selling / Mar 25	280.52
USD PKR Interbank Buying / Mar 25	280.27
USD to Japanese Yen / Mar 26	150.14
USD to Swiss Franc / Mar 26	0.88
Pound Sterling to USD / Mar 26	1.29
Euro to USD / Mar 26	1.08
UK LIBOR % / Mar 25	4.96

Stock	Volume
S&P 500 / Mar 25	5,776.65
Nasdaq / Mar 25	18,271.86
Dow Jones / Mar 25	42,587.50
India Sensex / Mar 26	77,971.12
Tokyo Nikkei / Mar 26	38,027.29
Hang Seng / Mar 26	23,483.32
FTSE 100 / Mar 26	8,660.31
Germany DAX 30 / Mar 26	22,923.69
France CAC40 / Mar 26	8,042.59

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 25	17,085
Gold 10 Grams PKR / Mar 25	272,462
Crude Oil USD/Barrel / Mar 26	69.26
Gold Spot USD/Ounce / Mar 26	3,018.44
Cotton US¢/pound / Mar 26	65.37
Petrol/Litre / Mar 27	255.63
Diesel/Litre / Mar 27	258.64

Stock	Price
Mughal Iron & Steel (R) / Mar 26 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	3.01 ▲ 1 (49.75%)
Sec. Inv. Bank / Mar 26 Security Investment Bank Limited(SIBL)	9.99 ▲ 1 (11.12%)
Zephyr Textile / Mar 26 Zephyr Textiles Limited(ZTL)	11.40 ▲ 1.04 (10.04%)
Leiner Pak Gelat / Mar 26 Leiner Pak Gelatine Limited(LPGL)	110.80 ▲ 10.07 (10%)
Philip Morris Pak. / Mar 26 Philip Morris (Pakistan) Limited(PMPK)	737.77 ▲ 67.07 (10%)
Data Agro / Mar 26 Data Agro Limited(DAAG)	96.62 ▲ 8.78 (10%)
Baba Farid Sugar / Mar 26 Baba Farid Sugar Mills Limited(BAFS)	58.44 ▲ 5.31 (9.99%)
Crescent Fib. / Mar 26 Crescent Fibres Limited(CFL)	45.70 ▲ 4.14 (9.96%)
Popular Islamic / Mar 26 Popular Islamic Modaraba(PIM)	14.48 ▲ 1.31 (9.95%)
The Thal Ind.Corp. / Mar 26 The Thal Industries Corporation Limited(TICL)	340 ▲ 30.55 (9.87%)

Stock	Price
Elahi Cot. / Mar 26 Elahi Cotton Mills Limited(ELCM)	135.93 ▼ -15.1 (-10%)
Power Cem(Pref) / Mar 26 Power Cement (Pref)(POWERPS)	12.95 ▼ -1.38 (-9.63%)
Atlas Ins. Ltd / Mar 26 Atlas Insurance Limited(ATIL)	58.50 ▼ -5.48 (-8.57%)
Bela Auto / Mar 26 Bela Automotives Limited(BELA)	167 ▼ -14.94 (-8.21%)
Kohat Textile / Mar 26 Kohat Textile Mills Limited(KOHTM)	28.15 ▼ -2.4 (-7.86%)
Jubilee Spinning / Mar 26 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10.88 ▼ -0.89 (-7.56%)
Frontier Ceram / Mar 26 Frontier Ceramics Limited(FRCL)	22.40 ▼ -1.82 (-7.51%)
Noon Sugar / Mar 26 Noon Sugar Mills Limited(NONS)	73.62 ▼ -5.95 (-7.48%)
PIA Holding Co.B / Mar 26 PIA Holding Company Limited B(PIAHCLB)	900.16 ▼ -71.96 (-7.4%)
UDL International / Mar 26 UDL International Limited(UDLI)	7.11 ▼ -0.53 (-6.94%)

Stock	Volume
Pak Elektron / Mar 26 Pak Elektron Limited(PAEL)	29,093,385 ▲ 1.6
P.S.O. / Mar 26 Pakistan State Oil Company Limited(PSO)	26,846,685 ▲ 1.38
TRG Pak Ltd / Mar 26 TRG Pakistan Limited(TRG)	22,825,615 ▼ -0.92
Cnergyico PK / Mar 26 Cnergyico PK Limited(CNERGY)	17,176,390 ▲ 0.07
B.O.Punjab / Mar 26 The Bank of Punjab(BOP)	16,063,012 ▼ -0.18
Pak Petroleum / Mar 26 Pakistan Petroleum Limited(PPL)	15,868,233 ▲ 7.49
Engro Fert. / Mar 26 Engro Fertilizers Limited(EFERT)	14,391,574 ▼ -1.85
WorldCall Telecom / Mar 26 Worldcall Telecom Limited(WTL)	12,412,844 ▲ 0.01
TPL REIT Fund I / Mar 26 TPL REIT Fund I(TPLRF1)	11,002,839 ▲ 0.06
Fauji Cement / Mar 26 Fauji Cement Company Limited(FCCL)	10,156,162 ▲ 1.41

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