Print - 2017-01-07
Clock running down on military courts

Clock running down on military courts

A law allowing secret military courts to try civilians on terrorism charges is set to expire on Saturday, but the government has been silent on its renewal, following criticism from lawyers that it led to abuse and curtailed human rights. Lawmakers amende
Published 07 Jan, 2017 12:00am
Gunmen kill nine Shia miners in northern Afghanistan

Gunmen kill nine Shia miners in northern Afghanistan

Gunmen killed nine Shia Hazara miners in the northern Afghan province of Baghlan on Friday, officials said, in the latest attack against ethnic minorities. No group immediately claimed responsibility for the killings in the remote district of Tala Wa Barf
Published 07 Jan, 2017 12:00am
KE irked by government''s audit of subsidy move

KE irked by government''s audit of subsidy move

The management of Karachi Electric (KE) has reportedly expressed it serious reservations against the federal government for sending a team to conduct an audit of subsidy worth billions of rupees given by the federal government from 2003-04 to 2012-13, wel
Published 07 Jan, 2017 12:00am
KE irked by government's audit of subsidy move

KE irked by government's audit of subsidy move

The management of Karachi Electric (KE) has reportedly expressed it serious reservations against the federal government for sending a team to conduct an audit of subsidy worth billions of rupees given by the federal government from 2003-04 to 2012-13, wel
Published 07 Jan, 2017 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (January 06, 2017).

Published 07 Jan, 2017 12:00am
KE irked by government's audit of subsidy move

KE irked by government's audit of subsidy move

The management of Karachi Electric (KE) has reportedly expressed it serious reservations against the federal government for sending a team to conduct an audit of subsidy worth billions of rupees given by the federal government from 2003-04 to 2012-13, wel
Published 07 Jan, 2017 12:00am
FBR will submit comments on Punjab''s professional tax proposal

FBR will submit comments on Punjab''s professional tax proposal

The Federal Board of Revenue (FBR) would submit its comments on the proposal of Punjab government to raise maximum limit of professional tax from Rs 100,000 to Rs 500,000, reflecting an increase of Rs 400,000. Sources told Business Recorder here on
Published 07 Jan, 2017 12:00am
FBR will submit comments on Punjab's professional tax proposal

FBR will submit comments on Punjab's professional tax proposal

The Federal Board of Revenue (FBR) would submit its comments on the proposal of Punjab government to raise maximum limit of professional tax from Rs 100,000 to Rs 500,000, reflecting an increase of Rs 400,000. Sources told Business Recorder here on
Published 07 Jan, 2017 12:00am
FBR will submit comments on Punjab's professional tax proposal

FBR will submit comments on Punjab's professional tax proposal

The Federal Board of Revenue (FBR) would submit its comments on the proposal of Punjab government to raise maximum limit of professional tax from Rs 100,000 to Rs 500,000, reflecting an increase of Rs 400,000. Sources told Business Recorder here on
Published 07 Jan, 2017 12:00am
Great Om Puri dies

Great Om Puri dies

Om Puri, the acclaimed Indian actor who appeared in hit films including "Gandhi", "City of Joy" and "East is East", died Friday after suffering a heart attack. The award-winning character actor, whose career ranged from arthouse Indian films to Hollywood
Published 07 Jan, 2017 12:00am
Great Om Puri dies

Great Om Puri dies

Om Puri, the acclaimed Indian actor who appeared in hit films including "Gandhi", "City of Joy" and "East is East", died Friday after suffering a heart attack. The award-winning character actor, whose career ranged from arthouse Indian films to Hollywood
Published 07 Jan, 2017 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 07 Jan, 2017 12:00am
Japan recalls South Korea envoy over 'comfort woman' statue
Currency

Japan recalls South Korea envoy over 'comfort woman' statue

Japan recalled its ambassador to South Korea Friday to protest the placing of a statue symbolising victims of Japanese wartime sex slavery outside its consulate in the city of Busan last month. In a move likely to reignite a feud over the so-called "comfo
Published 07 Jan, 2017 12:00am
Congress certifies Trump presidential election

Congress certifies Trump presidential election

The US Congress certified Friday that Donald Trump won the November election to become the nation's 45th president, as lawmakers counted and affirmed the votes by the Electoral College. "Donald Trump of New York has received, for president of the United S
Published 07 Jan, 2017 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 07 Jan, 2017 12:00am
Fatalities in shooting at Fort Lauderdale airport

Fatalities in shooting at Fort Lauderdale airport

A gunman opened fire Friday at Fort Lauderdale-Hollywood airport in Florida, causing multiple fatalities, officials said. "Confirmed: Shooting at Fort Lauderdale-Hollywood International Airport with multiple people dead. One subject in custody," the Browa
Published 07 Jan, 2017 12:00am
Third peacekeeper killed in Central Africa: UN

Third peacekeeper killed in Central Africa: UN

Gunmen killed a Bangladeshi peacekeeper in the restive Central African Republic on the same day that two Moroccan soldiers died in a separate attack, the country's UN mission said Friday. The Bangladeshi peacekeeper was killed in the north-west of the cou
Published 07 Jan, 2017 12:00am
Outlook bright for German factories despite November dip

Outlook bright for German factories despite November dip

German industrial orders fell more than expected in November after surging in the prior month, data showed on Friday, pointing to a busy final quarter overall for factories that the Economy Ministry expects to carry over into 2017. Contracts for 'Made in
Published 07 Jan, 2017 12:00am
Forecasting 'in crisis' on Brexit: BoE chief economist

Forecasting 'in crisis' on Brexit: BoE chief economist

Economic forecasting "is to some degree in crisis", the Bank of England's chief economist has said after it misjudged the fallout from Britain's vote in favour of Brexit. Britain's economy has performed far better than expected since the country voted in
Published 07 Jan, 2017 12:00am
Lahore''s Orange Line project granted huge concession by ECC

Lahore''s Orange Line project granted huge concession by ECC

The Economic Co-ordination Committee (ECC) of the Cabinet has granted withholding tax exemption to Chinese Contractor CR-Norinco JV and allowed duty and taxes free import of equipment/apparatus for the Lahore Orange Line Metro Train Project.
Published 07 Jan, 2017 12:00am
Lahore's Orange Line project granted huge concession by ECC

Lahore's Orange Line project granted huge concession by ECC

The Economic Co-ordination Committee (ECC) of the Cabinet has granted withholding tax exemption to Chinese Contractor CR-Norinco JV and allowed duty and taxes free import of equipment/apparatus for the Lahore Orange Line Metro Train Project.
Published 07 Jan, 2017 12:00am
Lahore's Orange Line project granted huge concession by ECC

Lahore's Orange Line project granted huge concession by ECC

The Economic Co-ordination Committee (ECC) of the Cabinet has granted withholding tax exemption to Chinese Contractor CR-Norinco JV and allowed duty and taxes free import of equipment/apparatus for the Lahore Orange Line Metro Train Project.
Published 07 Jan, 2017 12:00am
BRIndex30 up 137.24 points

BRIndex30 up 137.24 points

On Friday, BRIndex30 opened at 27,000.72 points and remained positive throughout the trading session. It touched an intraday high of 27,229.37 points and an intraday low of 27,000.72 points and closed at 27,137.96 points which was 137.24 points or 0.51 pe
Published 07 Jan, 2017 12:00am
BRIndex30 up 137.24 points

BRIndex30 up 137.24 points

On Friday, BRIndex30 opened at 27,000.72 points and remained positive throughout the trading session. It touched an intraday high of 27,229.37 points and an intraday low of 27,000.72 points and closed at 27,137.96 points which was 137.24 points or 0.51 pe
Published 07 Jan, 2017 12:00am
PSX reaches another milestone

PSX reaches another milestone

Pakistan Stock Exchange Friday achieved another milestone as the benchmark KSE-100 index crossed 49,000 points psychological level and closed at new high of 49,038.23 points with healthy increase of 324.60 points. Trading activities also improved on the l
Published 07 Jan, 2017 12:00am
PSX reaches another milestone

PSX reaches another milestone

Pakistan Stock Exchange Friday achieved another milestone as the benchmark KSE-100 index crossed 49,000 points psychological level and closed at new high of 49,038.23 points with healthy increase of 324.60 points. Trading activities also improved on the l
Published 07 Jan, 2017 12:00am
PSX reaches another milestone

PSX reaches another milestone

Pakistan Stock Exchange Friday achieved another milestone as the benchmark KSE-100 index crossed 49,000 points psychological level and closed at new high of 49,038.23 points with healthy increase of 324.60 points. Trading activities also improved on the l
Published 07 Jan, 2017 12:00am
IPF portfolio posts substantial growth

IPF portfolio posts substantial growth

Infrastructure Project Financing (IPF) portfolio of banks and DFIs continued to post substantial growth as IPF''s total amount outstanding at the end of Sept-2016 reached Rs 452 billion mark. The State Bank of Pakistan''s (SBP) Quarterly Infrastructure Fi
Published 07 Jan, 2017 12:00am
IPF portfolio posts substantial growth

IPF portfolio posts substantial growth

Infrastructure Project Financing (IPF) portfolio of banks and DFIs continued to post substantial growth as IPF's total amount outstanding at the end of Sept-2016 reached Rs 452 billion mark. The State Bank of Pakistan's (SBP) Quarterly Infrastructure Fina
Published 07 Jan, 2017 12:00am
IPF portfolio posts substantial growth

IPF portfolio posts substantial growth

Infrastructure Project Financing (IPF) portfolio of banks and DFIs continued to post substantial growth as IPF's total amount outstanding at the end of Sept-2016 reached Rs 452 billion mark. The State Bank of Pakistan's (SBP) Quarterly Infrastructure Fina
Published 07 Jan, 2017 12:00am
Toyota target of Trump''''s latest Twitter broadside

Toyota target of Trump''''s latest Twitter broadside

Toyota shares slumped Friday as Donald Trump threatened punitive tariffs over its new vehicle plant in Mexico, triggering a staunch defence from Japan''''s government which said its auto sector had made huge contributions to the US economy. The world''''s
Published 07 Jan, 2017 12:00am
Toyota target of Trump''s latest Twitter broadside

Toyota target of Trump''s latest Twitter broadside

Toyota shares slumped Friday as Donald Trump threatened punitive tariffs over its new vehicle plant in Mexico, triggering a staunch defence from Japan''s government which said its auto sector had made huge contributions to the US economy. The world''s lar
Published 07 Jan, 2017 12:00am
Toyota target of Trump's latest Twitter broadside

Toyota target of Trump's latest Twitter broadside

Toyota shares slumped Friday as Donald Trump threatened punitive tariffs over its new vehicle plant in Mexico, triggering a staunch defence from Japan's government which said its auto sector had made huge contributions to the US economy. The world's large
Published 07 Jan, 2017 12:00am
Toyota target of Trump's latest Twitter broadside

Toyota target of Trump's latest Twitter broadside

Toyota shares slumped Friday as Donald Trump threatened punitive tariffs over its new vehicle plant in Mexico, triggering a staunch defence from Japan's government which said its auto sector had made huge contributions to the US economy. The world's large
Published 07 Jan, 2017 12:00am
Raheel appointed chief of Islamic military alliance: Asif

Raheel appointed chief of Islamic military alliance: Asif

Defence Minister Khawaja Muhammad Asif on Friday confirmed the recent development that former army chief General Raheel Sharif (retd) was made the chief of 39-nation Islamic military coalition formed to combat terrorism. Speaking to a private TV channel,
Published 07 Jan, 2017 12:00am
Raheel appointed chief of Islamic military alliance: Asif

Raheel appointed chief of Islamic military alliance: Asif

Defence Minister Khawaja Muhammad Asif on Friday confirmed the recent development that former army chief General Raheel Sharif (retd) was made the chief of 39-nation Islamic military coalition formed to combat terrorism. Speaking to a private TV channel,
Published 07 Jan, 2017 12:00am
The onus of money trail proof lies with Sharif family: SC

The onus of money trail proof lies with Sharif family: SC

Justice Asif Saeed Khan Khosa has observed that the court is constitutionally empowered to ascertain the truth in the Panamagate, saying the onus of proof of the money trail of Mayfair properties lies with the Sharif family. A five-member larger bench led
Published 07 Jan, 2017 12:00am
The onus of money trail proof lies with Sharif family: SC

The onus of money trail proof lies with Sharif family: SC

Justice Asif Saeed Khan Khosa has observed that the court is constitutionally empowered to ascertain the truth in the Panamagate, saying the onus of proof of the money trail of Mayfair properties lies with the Sharif family. A five-member larger bench led
Published 07 Jan, 2017 12:00am
Oil edges up; strong dollar, OPEC doubts make buyers cautious

Oil edges up; strong dollar, OPEC doubts make buyers cautious

Oil rose slightly on Friday on futures buying, ending the week higher, but gains were limited by a strong US dollar and lingering doubts about whether OPEC producers would stick to a deal to cut output. Market players attributed choppy trading to position
Published 07 Jan, 2017 12:00am
US MIDDAY: soya and corn fall

US MIDDAY: soya and corn fall

Chicago Board of Trade corn and soyabean futures fell on Friday on signs of weakening demand for US exports as the South American harvest nears, traders said. Wheat futures were mixed, with K.C. hard red winter wheat hitting a 4-1/2 month high on concerns
Published 07 Jan, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (January 06, 2017).

Published 07 Jan, 2017 12:00am
US MIDDAY: gold slides

US MIDDAY: gold slides

Gold prices slipped on Friday from the previous day's one-month high as the dollar strengthened on a solid US jobs report, while palladium was on track for its largest weekly gain since March on record high US car sales. US non-farm payrolls data that sho
Published 07 Jan, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (January 06, 2017).

Published 07 Jan, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (January 06, 2017).

Published 07 Jan, 2017 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (January 06, 2017).

Published 07 Jan, 2017 12:00am
Money Market Report
Currency

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (January 06, 2017).
Published 07 Jan, 2017 12:00am