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Nov 13, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2016-12-17
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (December 16, 2016).

Published 17 Dec, 2016 12:00am
Dar constitutes sub-committee on taxation

Dar constitutes sub-committee on taxation

On the recommendation of the committee for the implementation of the recommendations of the steering committee for the promotion of Islamic Banking, Finance Minister Ishaq Dar has constituted a sub-committee on taxation. According to a notification issued
Published 17 Dec, 2016 12:00am
Dar constitutes sub-committee on taxation

Dar constitutes sub-committee on taxation

On the recommendation of the committee for the implementation of the recommendations of the steering committee for the promotion of Islamic Banking, Finance Minister Ishaq Dar has constituted a sub-committee on taxation. According to a notification issued
Published 17 Dec, 2016 12:00am
Dar constitutes sub-committee on taxation

Dar constitutes sub-committee on taxation

On the recommendation of the committee for the implementation of the recommendations of the steering committee for the promotion of Islamic Banking, Finance Minister Ishaq Dar has constituted a sub-committee on taxation. According to a notification issued
Published 17 Dec, 2016 12:00am
Slovenians to get right to oust mayors

Slovenians to get right to oust mayors

Slovenia is set to become one of the few countries in the European Union where people can sack their mayor before their term in office ends, albeit under strict conditions. Signatures of 30 percent of a municipality's voters - or 10 percent for larger tow
Published 17 Dec, 2016 12:00am
Slovenians to get right to oust mayors

Slovenians to get right to oust mayors

Slovenia is set to become one of the few countries in the European Union where people can sack their mayor before their term in office ends, albeit under strict conditions. Signatures of 30 percent of a municipality's voters - or 10 percent for larger tow
Published 17 Dec, 2016 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 17 Dec, 2016 12:00am
China's Navy seizes American underwater drone in South China Sea

China's Navy seizes American underwater drone in South China Sea

A Chinese warship has seized an underwater drone deployed by a US oceanographic vessel in the South China Sea, triggering a formal diplomatic protest and a demand for its return, US officials told Reuters on Friday. The incident, the first of its kind in
Published 17 Dec, 2016 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 17 Dec, 2016 12:00am
China's Navy seizes American underwater drone in South China Sea

China's Navy seizes American underwater drone in South China Sea

A Chinese warship has seized an underwater drone deployed by a US oceanographic vessel in the South China Sea, triggering a formal diplomatic protest and a demand for its return, US officials told Reuters on Friday. The incident, the first of its kind in
Published 17 Dec, 2016 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 17 Dec, 2016 12:00am
SC grants bail to former Pepco MD Cheema

SC grants bail to former Pepco MD Cheema

The Supreme Court granted bail to former Managing Director of Pakistan Electric Power Company (PEPCO) Tahir Basharat Cheema on Friday, as National Accountability Bureau (NAB) had apprehended him on charge of misuse of authority. Earlier, a division bench
Published 17 Dec, 2016 12:00am
SC grants bail to former Pepco MD Cheema

SC grants bail to former Pepco MD Cheema

The Supreme Court granted bail to former Managing Director of Pakistan Electric Power Company (PEPCO) Tahir Basharat Cheema on Friday, as National Accountability Bureau (NAB) had apprehended him on charge of misuse of authority. Earlier, a division bench
Published 17 Dec, 2016 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 17 Dec, 2016 12:00am
SC grants bail to former Pepco MD Cheema

SC grants bail to former Pepco MD Cheema

The Supreme Court granted bail to former Managing Director of Pakistan Electric Power Company (PEPCO) Tahir Basharat Cheema on Friday, as National Accountability Bureau (NAB) had apprehended him on charge of misuse of authority. Earlier, a division bench
Published 17 Dec, 2016 12:00am
Aircraft sold in violation of PPRA rules?

Aircraft sold in violation of PPRA rules?

Senator Saleem Mandviwalla of Pakistan People''s Party on Friday submitted a notice inviting attention to purported illegal sale of PIA aircraft A-310 to a German company without the award of tender. According to a calling notice, Senator Mandviwalla said
Published 17 Dec, 2016 12:00am
Aircraft sold in violation of PPRA rules?

Aircraft sold in violation of PPRA rules?

Senator Saleem Mandviwalla of Pakistan People's Party on Friday submitted a notice inviting attention to purported illegal sale of PIA aircraft A-310 to a German company without the award of tender. According to a calling notice, Senator Mandviwalla said
Published 17 Dec, 2016 12:00am
Aircraft sold in violation of PPRA rules?

Aircraft sold in violation of PPRA rules?

Senator Saleem Mandviwalla of Pakistan People's Party on Friday submitted a notice inviting attention to purported illegal sale of PIA aircraft A-310 to a German company without the award of tender. According to a calling notice, Senator Mandviwalla said
Published 17 Dec, 2016 12:00am
ECC rejects summary on revision in LNG implementation strategy

ECC rejects summary on revision in LNG implementation strategy

The Economic Co-ordination Committee (ECC) of the Cabinet has reportedly rejected a summary of petroleum ministry regarding a revision in the implementation strategy of Gwadar-Nawabshah LNG terminal and pipeline project, saying the summary should be submi
Published 17 Dec, 2016 12:00am
ECC rejects summary on revision in LNG implementation strategy

ECC rejects summary on revision in LNG implementation strategy

The Economic Co-ordination Committee (ECC) of the Cabinet has reportedly rejected a summary of petroleum ministry regarding a revision in the implementation strategy of Gwadar-Nawabshah LNG terminal and pipeline project, saying the summary should be submi
Published 17 Dec, 2016 12:00am
ECC rejects summary on revision in LNG implementation strategy

ECC rejects summary on revision in LNG implementation strategy

The Economic Co-ordination Committee (ECC) of the Cabinet has reportedly rejected a summary of petroleum ministry regarding a revision in the implementation strategy of Gwadar-Nawabshah LNG terminal and pipeline project, saying the summary should be submi
Published 17 Dec, 2016 12:00am
CCI decides to carry out census in two phases

CCI decides to carry out census in two phases

The Council of Common Interest (CCI) has decided to conduct population census in two phases from March 2017 after the Supreme Court took strong exception to government's overt reluctance. Though a number of other items were on the agenda of the CCI conven
Published 17 Dec, 2016 12:00am
CCI decides to carry out census in two phases

CCI decides to carry out census in two phases

The Council of Common Interest (CCI) has decided to conduct population census in two phases from March 2017 after the Supreme Court took strong exception to government's overt reluctance. Though a number of other items were on the agenda of the CCI conven
Published 17 Dec, 2016 12:00am
BRIndex30 gains 87.85 points

BRIndex30 gains 87.85 points

On Friday, BRIndex30 opened at 25,911.39. It touched an intraday high of 26,107.37 and an intraday Low of 25,892.70 and closed at 25,999.24 which was 87.85 points or 0.34 percent higher than previous close. Total volume was 167,554,300, which was 48.42 pe
Published 17 Dec, 2016 12:00am
BRIndex30 gains 87.85 points

BRIndex30 gains 87.85 points

On Friday, BRIndex30 opened at 25,911.39. It touched an intraday high of 26,107.37 and an intraday Low of 25,892.70 and closed at 25,999.24 which was 87.85 points or 0.34 percent higher than previous close. Total volume was 167,554,300, which was 48.42 pe
Published 17 Dec, 2016 12:00am
Bulls go berserk

Bulls go berserk

Pakistan Stock Exchange (PSX) Friday witnessed another bullish session and the benchmark KSE-100 index gained 226.18 points to close at a new high of 46,584.53 points. Buying was witnessed mainly by local investors and institutions however foreign investo
Published 17 Dec, 2016 12:00am
Bulls go berserk

Bulls go berserk

Pakistan Stock Exchange (PSX) Friday witnessed another bullish session and the benchmark KSE-100 index gained 226.18 points to close at a new high of 46,584.53 points. Buying was witnessed mainly by local investors and institutions however foreign investo
Published 17 Dec, 2016 12:00am
Bulls go berserk

Bulls go berserk

Pakistan Stock Exchange (PSX) Friday witnessed another bullish session and the benchmark KSE-100 index gained 226.18 points to close at a new high of 46,584.53 points. Buying was witnessed mainly by local investors and institutions however foreign investo
Published 17 Dec, 2016 12:00am
Bids for PSX stake to open on December 22

Bids for PSX stake to open on December 22

The PSX Divestment Committee has announced that bids for divestment of 40 percent equity stake of Pakistan Stock Exchange would be received till 4pm on December 22, 2016 and will be opened at 5pm the same day. On Thursday, the Divestment Committee called
Published 17 Dec, 2016 12:00am
Bids for PSX stake to open on December 22

Bids for PSX stake to open on December 22

The PSX Divestment Committee has announced that bids for divestment of 40 percent equity stake of Pakistan Stock Exchange would be received till 4pm on December 22, 2016 and will be opened at 5pm the same day. On Thursday, the Divestment Committee called
Published 17 Dec, 2016 12:00am
Bids for PSX stake to open on December 22

Bids for PSX stake to open on December 22

The PSX Divestment Committee has announced that bids for divestment of 40 percent equity stake of Pakistan Stock Exchange would be received till 4pm on December 22, 2016 and will be opened at 5pm the same day. On Thursday, the Divestment Committee called
Published 17 Dec, 2016 12:00am
Foreign banks in UK pay fraction of tax rate

Foreign banks in UK pay fraction of tax rate

Some of the biggest foreign investment and commercial banks operating in Britain paid an average tax rate of just 6 percent on the billions of dollars of profits they made in the country last year, a Reuters analysis of regulatory filings shows. That is l
Published 17 Dec, 2016 12:00am
Foreign banks in UK pay fraction of tax rate

Foreign banks in UK pay fraction of tax rate

Some of the biggest foreign investment and commercial banks operating in Britain paid an average tax rate of just 6 percent on the billions of dollars of profits they made in the country last year, a Reuters analysis of regulatory filings shows. That is l
Published 17 Dec, 2016 12:00am
Foreign banks in UK pay fraction of tax rate

Foreign banks in UK pay fraction of tax rate

Some of the biggest foreign investment and commercial banks operating in Britain paid an average tax rate of just 6 percent on the billions of dollars of profits they made in the country last year, a Reuters analysis of regulatory filings shows. That is l
Published 17 Dec, 2016 12:00am
Nepra alarmed by possible changes in law

Nepra alarmed by possible changes in law

National Electric Power Regulatory Authority (Nepra) has reportedly stunned the ministry of water and power by strongly opposing the proposed amendments in the Nepra Act 1997, saying any such attempt would destroy the autonomy of the regulator and reduce
Published 17 Dec, 2016 12:00am
Nepra alarmed by possible changes in law

Nepra alarmed by possible changes in law

National Electric Power Regulatory Authority (Nepra) has reportedly stunned the ministry of water and power by strongly opposing the proposed amendments in the Nepra Act 1997, saying any such attempt would destroy the autonomy of the regulator and reduce
Published 17 Dec, 2016 12:00am
Nepra alarmed by possible changes in law

Nepra alarmed by possible changes in law

National Electric Power Regulatory Authority (Nepra) has reportedly stunned the ministry of water and power by strongly opposing the proposed amendments in the Nepra Act 1997, saying any such attempt would destroy the autonomy of the regulator and reduce
Published 17 Dec, 2016 12:00am
HC summoned, protest lodged: FO

HC summoned, protest lodged: FO

Pakistan strongly condemned the unprovoked firing by Indian troops, killing one civilian and injuring four schoolchildren in Nikial Sector along the Line of Control (LoC), summoning top Indian diplomat on Friday to lodge a strong protest. According to For
Published 17 Dec, 2016 12:00am
HC summoned, protest lodged: FO

HC summoned, protest lodged: FO

Pakistan strongly condemned the unprovoked firing by Indian troops, killing one civilian and injuring four schoolchildren in Nikial Sector along the Line of Control (LoC), summoning top Indian diplomat on Friday to lodge a strong protest. According to For
Published 17 Dec, 2016 12:00am
Indian forces hit school van; driver killed, pupils hurt

Indian forces hit school van; driver killed, pupils hurt

Pakistan on Friday accused India of hitting a school van in the Azad Kashmir, killing the driver and wounding eight schoolchildren. The incident occurred at Mohra village in Nakyal sector of Azad Kashmir where officials said shelling by Indian troops was
Published 17 Dec, 2016 12:00am
Indian forces hit school van; driver killed, pupils hurt

Indian forces hit school van; driver killed, pupils hurt

Pakistan on Friday accused India of hitting a school van in the Azad Kashmir, killing the driver and wounding eight schoolchildren. The incident occurred at Mohra village in Nakyal sector of Azad Kashmir where officials said shelling by Indian troops was
Published 17 Dec, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (December 16, 2016).

Published 17 Dec, 2016 12:00am
CoAS pays homage to APS martyrs

CoAS pays homage to APS martyrs

A ceremony was held at APS Peshawar on Friday to pay homage to the martyrs of APS tragedy. General Qamar Javed Bajwa, CoAS was the chief guest on the occasion who laid a floral wreath at the martyrs monument and offered Fateha for the departed souls. Late
Published 17 Dec, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (December 16, 2016).

Published 17 Dec, 2016 12:00am
CoAS pays homage to APS martyrs

CoAS pays homage to APS martyrs

A ceremony was held at APS Peshawar on Friday to pay homage to the martyrs of APS tragedy. General Qamar Javed Bajwa, CoAS was the chief guest on the occasion who laid a floral wreath at the martyrs monument and offered Fateha for the departed souls. Late
Published 17 Dec, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (December 16, 2016).

Published 17 Dec, 2016 12:00am
Imran questions Maryam's 'storm has passed' remark

Imran questions Maryam's 'storm has passed' remark

Pakistan Tehreek-i-Insaf Chief Imran Khan said on Friday that Prime Minister Nawaz Sharif should respond to allegations of money laundering and tax evasion in front of the parliament. While talking to media here on Friday, Khan said that Justice Qazi Faez
Published 17 Dec, 2016 12:00am
Imran questions Maryam's 'storm has passed' remark

Imran questions Maryam's 'storm has passed' remark

Pakistan Tehreek-i-Insaf Chief Imran Khan said on Friday that Prime Minister Nawaz Sharif should respond to allegations of money laundering and tax evasion in front of the parliament. While talking to media here on Friday, Khan said that Justice Qazi Faez
Published 17 Dec, 2016 12:00am
Assad, Russia and Iran have blood on hands: Obama

Assad, Russia and Iran have blood on hands: Obama

US President Barack Obama declared Friday that Bashar al-Assad's Syrian regime and it's Iranian and Russian backers are responsible for the slaughter of civilians in Aleppo, with "blood... on their hands." "The world as we speak is united in horror at the
Published 17 Dec, 2016 12:00am
'Cut it out,' Obama told Putin on cyber attacks

'Cut it out,' Obama told Putin on cyber attacks

President Barack Obama said Friday he had confronted Vladimir Putin in person over allegations of Russian hacking when they met ahead of the US election, telling him to "cut it out" and promising a firm response. Just five weeks before he leaves the White
Published 17 Dec, 2016 12:00am
'Cut it out,' Obama told Putin on cyber attacks

'Cut it out,' Obama told Putin on cyber attacks

President Barack Obama said Friday he had confronted Vladimir Putin in person over allegations of Russian hacking when they met ahead of the US election, telling him to "cut it out" and promising a firm response. Just five weeks before he leaves the White
Published 17 Dec, 2016 12:00am
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