News Archives for Print - 2017-05-18

The Foreign Office Wednesday summoned Afghan Deputy Head of Mission to lodge strong protest over the incident in which two Pakistani diplomatic officials in Kabul were reportedly detained by Afghan security agencies. The Afghan Deputy Head of Mission was

Published 18 May, 2017 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Wednesday (May 17, 2017).

Published 18 May, 2017 12:00am

Afghan envoy summoned

The Foreign Office Wednesday summoned Afghan Deputy Head of Mission to lodge strong protest over the incident in which two Pakistani diplomatic officials in Kabul were reportedly detained by Afghan security agencies. The Afghan Deputy Head of Mission was

Published 18 May, 2017 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Wednesday (May 17, 2017).

Published 18 May, 2017 12:00am

Cotton

Growth rises to 10-year high on agriculture output

Pakistan has achieved 5.28 per cent GDP growth against the projected target of 5.7 per cent for current fiscal year, mainly because of positive output of agriculture sector, according to Pakistan Bureau of Statistics (PBS). A meeting of the National Accou

Published 18 May, 2017 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Wednesday (May 17, 2017).

Published 18 May, 2017 12:00am

Cotton

Growth rises to 10-year high on agriculture output

Pakistan has achieved 5.28 per cent GDP growth against the projected target of 5.7 per cent for current fiscal year, mainly because of positive output of agriculture sector, according to Pakistan Bureau of Statistics (PBS). A meeting of the National Accou

Published 18 May, 2017 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Wednesday (May 17, 2017).

Published 18 May, 2017 12:00am

Cotton

Growth rises to 10-year high on agriculture output

Pakistan has achieved 5.28 per cent GDP growth against the projected target of 5.7 per cent for current fiscal year, mainly because of positive output of agriculture sector, according to Pakistan Bureau of Statistics (PBS). A meeting of the National Accou

Published 18 May, 2017 12:00am

EFU GUARANTEED GROWTH FUND RATES

EFU Guaranteed Growth Fund Rates on Wednesday (May 17, 2017).

Published 18 May, 2017 12:00am

Current account deficit reaches $7 billion

The country's current account deficit sharply rose by 205 percent to reach $7 billion during the first 10 months of current fiscal year (FY17) mainly due to higher goods imports. Economists said that rising goods import bill have largely contributed in hi

Published 18 May, 2017 12:00am

EFU GUARANTEED GROWTH FUND RATES

EFU Guaranteed Growth Fund Rates on Wednesday (May 17, 2017).

Published 18 May, 2017 12:00am

Current account deficit reaches $7 billion

The country's current account deficit sharply rose by 205 percent to reach $7 billion during the first 10 months of current fiscal year (FY17) mainly due to higher goods imports. Economists said that rising goods import bill have largely contributed in hi

Published 18 May, 2017 12:00am

EFU GUARANTEED GROWTH FUND RATES

EFU Guaranteed Growth Fund Rates on Wednesday (May 17, 2017).

Published 18 May, 2017 12:00am

Current account deficit reaches $7 billion

The country''s current account deficit sharply rose by 205 percent to reach $7 billion during the first 10 months of current fiscal year (FY17) mainly due to higher goods imports. Economists said that rising goods import bill have largely contributed in h

Published 18 May, 2017 12:00am

EFU TAKAFUL GROWTH FUND RATES

EFU Takaful Growth Fund Rates on Wednesday (May 17, 2017).

Published 18 May, 2017 12:00am

Rs one trillion fiscal year 2018 federal PSDP ignores KP: CM

Annual Plan Co-ordination Committee (APCC) has approved Rs 2.113 trillion for the next fiscal year Public Sector Development Programme (PSDP) with Rs 65 billion allocation for different Prime Minister's programmes. Of the total Rs 2.113 trillion PSDP for

Published 18 May, 2017 12:00am

EFU TAKAFUL GROWTH FUND RATES

EFU Takaful Growth Fund Rates on Wednesday (May 17, 2017).

Published 18 May, 2017 12:00am

Rs one trillion fiscal year 2018 federal PSDP ignores KP: CM

Annual Plan Co-ordination Committee (APCC) has approved Rs 2.113 trillion for the next fiscal year Public Sector Development Programme (PSDP) with Rs 65 billion allocation for different Prime Minister's programmes. Of the total Rs 2.113 trillion PSDP for

Published 18 May, 2017 12:00am

EFU TAKAFUL GROWTH FUND RATES

EFU Takaful Growth Fund Rates on Wednesday (May 17, 2017).

Published 18 May, 2017 12:00am

Rs one trillion fiscal year 2018 federal PSDP ignores KP: CM

Annual Plan Co-ordination Committee (APCC) has approved Rs 2.113 trillion for the next fiscal year Public Sector Development Programme (PSDP) with Rs 65 billion allocation for different Prime Minister''s programmes. Of the total Rs 2.113 trillion PSDP for

Published 18 May, 2017 12:00am

EFU TAKAFUL AGGRESSIVE FUND RATES

EFU Takaful Aggressive Fund Rates on Wednesday (May 17, 2017).

Published 18 May, 2017 12:00am

High debt servicing costs will plague economy: IMF

High debt servicing costs will plague Pakistan as global interest rates rise with a consequent negative impact on investors. This was stated in an IMF report titled 'Regional Economic Outlook for the Middle East and Central Asia' uploaded on the Fund webs

Published 18 May, 2017 12:00am

EFU TAKAFUL AGGRESSIVE FUND RATES

EFU Takaful Aggressive Fund Rates on Wednesday (May 17, 2017).

Published 18 May, 2017 12:00am

High debt servicing costs will plague economy: IMF

High debt servicing costs will plague Pakistan as global interest rates rise with a consequent negative impact on investors. This was stated in an IMF report titled 'Regional Economic Outlook for the Middle East and Central Asia' uploaded on the Fund webs

Published 18 May, 2017 12:00am

EFU TAKAFUL AGGRESSIVE FUND RATES

EFU Takaful Aggressive Fund Rates on Wednesday (May 17, 2017).

Published 18 May, 2017 12:00am

High debt servicing costs will plague economy: IMF

High debt servicing costs will plague Pakistan as global interest rates rise with a consequent negative impact on investors. This was stated in an IMF report titled ''Regional Economic Outlook for the Middle East and Central Asia'' uploaded on the Fund we

Published 18 May, 2017 12:00am

EFU AGGRESSIVE FUND RATES

EFU Aggressive Fund Rates on Wednesday (May 17, 2017).

Published 18 May, 2017 12:00am

Exchange

Equities shed more weight

A bearish trend continued on Pakistan Stock Exchange on the second consecutive day Wednesday. The benchmark KSE-100 index lost another 301.78 points to close at 51,511.41 points. Daily trading volumes stood at 371.801 million shares as compared to 377.707

Published 18 May, 2017 12:00am

EFU AGGRESSIVE FUND RATES

EFU Aggressive Fund Rates on Wednesday (May 17, 2017).

Published 18 May, 2017 12:00am

Exchange

Equities shed more weight

A bearish trend continued on Pakistan Stock Exchange on the second consecutive day Wednesday. The benchmark KSE-100 index lost another 301.78 points to close at 51,511.41 points. Daily trading volumes stood at 371.801 million shares as compared to 377.707

Published 18 May, 2017 12:00am

EFU AGGRESSIVE FUND RATES

EFU Aggressive Fund Rates on Wednesday (May 17, 2017).

Published 18 May, 2017 12:00am

Exchange

Equities shed more weight

A bearish trend continued on Pakistan Stock Exchange on the second consecutive day Wednesday. The benchmark KSE-100 index lost another 301.78 points to close at 51,511.41 points. Daily trading volumes stood at 371.801 million shares as compared to 377.707

Published 18 May, 2017 12:00am

Exchange

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 18 May, 2017 12:00am

BRIndex30 sheds 3.34 points

On Wednesday, BRIndex30 opened at 27,668.19 points. It touched an intraday high of 27,876.52 points and an intraday low of 27,613.92 points and closed at 27,664.85 points which was -3.34 points or -0.01 percent lower than previous close. Total volume was

Published 18 May, 2017 12:00am

Exchange

Clearing Schedule for T+2 System

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

Published 18 May, 2017 12:00am

BRIndex30 sheds 3.34 points

On Wednesday, BRIndex30 opened at 27,668.19 points. It touched an intraday high of 27,876.52 points and an intraday low of 27,613.92 points and closed at 27,664.85 points which was -3.34 points or -0.01 percent lower than previous close. Total volume was

Published 18 May, 2017 12:00am

Exchange

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 18 May, 2017 12:00am

Cotton

Prime Minister meets Hong Kong businesspeople

Prime Minister Nawaz Sharif Wednesday said Pakistan was emerging as a rising and secure country, on the track of sustainable growth due to its liberal investment policies. "Today I present to you a rising, confident and secure Pakistan - a country full of

Published 18 May, 2017 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (May 17, 2017).

Published 18 May, 2017 12:00am

Exchange

Putin 'ready to provide recording' of Lavrov-Trump exchange

Russian President Vladimir Putin said Wednesday that Moscow could provide a recording of a controversial exchange between Foreign Minister Sergei Lavrov and US President Donald Trump that has plunged the White House into turmoil. His comments were the fir

Published 18 May, 2017 12:00am

THE RUPEE: firm trend

Firmness prevailed on the money market on Wednesday as the rupee stayed put versus the dollar, dealers said. The rupee was almost unchanged in relation to the dollar for buying and selling at Rs 104.85 and Rs 04.86 respectively, they said.

Published 18 May, 2017 12:00am

PM has lost moral authority to hold public office: Imran

While talking exclusively in Aaj TV's show 'Faisla Apka' chairman of PTI, Imran Khan reiterated that Prime Minister Nawaz Sharif has lost the credibility to hold public office, after a JIT was formed to probe the 'Panama Leaks' in 60 days. Imran Khan quot

Published 18 May, 2017 12:00am

THE RUPEE: firm trend

Firmness prevailed on the money market on Wednesday as the rupee stayed put versus the dollar, dealers said. The rupee was almost unchanged in relation to the dollar for buying and selling at Rs 104.85 and Rs 04.86 respectively, they said.

Published 18 May, 2017 12:00am

PM has lost moral authority to hold public office: Imran

While talking exclusively in Aaj TV's show 'Faisla Apka' chairman of PTI, Imran Khan reiterated that Prime Minister Nawaz Sharif has lost the credibility to hold public office, after a JIT was formed to probe the 'Panama Leaks' in 60 days. Imran Khan quot

Published 18 May, 2017 12:00am

Kerb

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Wednesday (May 17, 2017).

Published 18 May, 2017 12:00am

Not all Pakistanis have to declare their offshore assets

The impression projected by a section of the media regarding a provision of the proposed Companies Bill, 2017, requiring all Pakistanis residing abroad to file the returns of their offshore assets is incorrect and misleading. It is totally in disregard to

Published 18 May, 2017 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Wednesday (May 17, 2017).

Published 18 May, 2017 12:00am

Not all Pakistanis have to declare their offshore assets

The impression projected by a section of the media regarding a provision of the proposed Companies Bill, 2017, requiring all Pakistanis residing abroad to file the returns of their offshore assets is incorrect and misleading. It is totally in disregard to

Published 18 May, 2017 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (May 17, 2017).

Published 18 May, 2017 12:00am

UN world court to rule today on Jadhav case

The UN's top court will rule Thursday on an urgent bid by India to stop Pakistan from carrying out a death sentence on one of its nationals convicted of spying. In an emergency hearing swiftly organised on Monday, lawyers for New Delhi had urged the Inter

Published 18 May, 2017 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (May 17, 2017).

Published 18 May, 2017 12:00am

UN world court to rule today on Jadhav case

The UN's top court will rule Thursday on an urgent bid by India to stop Pakistan from carrying out a death sentence on one of its nationals convicted of spying. In an emergency hearing swiftly organised on Monday, lawyers for New Delhi had urged the Inter

Published 18 May, 2017 12:00am

Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (May 17, 2017).

Published 18 May, 2017 12:00am

SAB recommends export of 1.2 million tons of sugar

Sugar Advisory Board (SAB), an inter-provincial body, headed by Secretary Industries and Production, Khizer Hayat Gondal, on Wednesday recommended export of additional 1.2 million tons of surplus sugar with appropriate subsidy to be determined by the comm

Published 18 May, 2017 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Wednesday (May 17, 2017).

Published 18 May, 2017 12:00am

SAB recommends export of 1.2 million tons of sugar

Sugar Advisory Board (SAB), an inter-provincial body, headed by Secretary Industries and Production, Khizer Hayat Gondal, on Wednesday recommended export of additional 1.2 million tons of surplus sugar with appropriate subsidy to be determined by the comm

Published 18 May, 2017 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (May 17, 2017)

Published 18 May, 2017 12:00am

SAB recommends export of 1.2 million tons of sugar

Sugar Advisory Board (SAB), an inter-provincial body, headed by Secretary Industries and Production, Khizer Hayat Gondal, on Wednesday recommended export of additional 1.2 million tons of surplus sugar with appropriate subsidy to be determined by the comm

Published 18 May, 2017 12:00am

Where justice has the back seat

Some 200,000 cases are pending with the district courts across Punjab, with the number of cases pending in the Lahore High Court alone being a staggering 130,000. That cases should be heard in time and decided expeditiously, there is no second opinion on

Published 18 May, 2017 12:00am

Dawn leak controversy: Almost, but not quite, settled

The two main opposition parties, the PPP and PTI, have 'rejected' the government military settlement over the Dawn leak controversy, arguing if the leak constituted a breach of national security, as claimed both by the government and the Army, settlement

Published 18 May, 2017 12:00am

Who reads us anyway

First, a confession: until my first column I never read any opinion pieces. Now I read most - and wonder if anyone reads us? Do newspapers use it as a marketing ploy, or is it just a waste of newsprint costing many a tree? Perhaps a fad that newspapers ar

Published 18 May, 2017 12:00am

Currency	Rate
USD PKR Interbank Selling / Apr 25	281.17
USD PKR Interbank Buying / Apr 25	280.97
USD to Japanese Yen / Apr 25	143.67
USD to Swiss Franc / Apr 25	0.83
Pound Sterling to USD / Apr 25	1.33
Euro to USD / Apr 25	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 25	5,525.21
India Sensex / Apr 25	79,212.53
Tokyo Nikkei / Apr 25	35,705.74
Nasdaq / Apr 25	17,382.94
Hang Seng / Apr 25	21,980.74
FTSE 100 / Apr 25	8,415.25
Dow Jones / Apr 25	40,113.50
Germany DAX 30 / Apr 25	22,242.45
France CAC40 / Apr 25	7,536.26

Item	Value
Crude Oil USD/Barrel / Apr 25	63.17
Karachi Cotton PKR/37.32 KG / Apr 25	16,985
Gold 10 Grams PKR / Apr 25	298,950
Gold Spot USD/Ounce / Apr 25	3,327.60
Cotton US¢/pound / Apr 25	68.80
Petrol/Litre / Apr 27	254.63
Diesel/Litre / Apr 27	258.64

Stock	Price
First Capital Equities / Apr 25 First Capital Equities Limited(FCEL)	4.92 ▲ 0.96 (24.24%)
PICIC Ins.Ltd. / Apr 25 PICIC Insurance Limited(PIL)	3.14 ▲ 0.5 (18.94%)
Dewan Mushtaq / Apr 25 Dewan Mushtaq Textile Mills Limited(DMTM)	7.99 ▲ 1 (14.31%)
Pak. P.V.C. / Apr 25 Pakistan PVC Limited(PPVC)	8.26 ▲ 1 (13.77%)
J.K.Spinning / Apr 25 J.K. Spinning Mills Limited(JKSM)	61.90 ▲ 5.63 (10.01%)
At-Tahur Ltd. / Apr 25 At-Tahur Limited(PREMA)	86.74 ▲ 7.89 (10.01%)
Shezan Inter. / Apr 25 Shezan International Limited(SHEZ)	203.03 ▲ 18.46 (10%)
Sunrays Textile / Apr 25 Sunrays Textile Mills Limited(SUTM)	156.38 ▲ 14.22 (10%)
PIA Holding Co.B / Apr 25 PIA Holding Company Limited B(PIAHCLB)	3,282.29 ▲ 298.39 (10%)
S.S.Oil / Apr 25 S.S.Oil Mills Limited(SSOM)	357.05 ▲ 32.46 (10%)

Stock	Price
Engro Powergen / Apr 25 Engro Powergen Qadirpur Limited(EPQL)	28.71 ▼ -10.13 (-26.08%)
Ghani Chemworld / Apr 25 Ghani Chemworld Limited(GCWL)	8 ▼ -1 (-11.11%)
Samba Bank / Apr 25 Samba Bank Limited(SBL)	8.01 ▼ -0.99 (-11%)
Arpak Int. / Apr 25 Arpak International Investments Ltd.(ARPAK)	56.66 ▼ -6.29 (-9.99%)
Blue-Ex Ltd / Apr 25 Blue-Ex Limited (GEM)(GEMBLUEX)	47.38 ▼ -5.26 (-9.99%)
Saif Power Ltd. / Apr 25 Saif Power Limited(SPWL)	12.31 ▼ -1.3 (-9.55%)
Shaheen Ins. / Apr 25 Shaheen Insurance Company Limited(SHNI)	5.25 ▼ -0.46 (-8.06%)
Equity Modaraba / Apr 25 First Equity Modaraba(FEM)	2.75 ▼ -0.24 (-8.03%)
GlaxoSmithKline / Apr 25 GlaxoSmithKline Pakistan Limited(GLAXO)	409.57 ▼ -34.89 (-7.85%)
AKD Hospitality / Apr 25 AKD Hospitality Limited(AKDHL)	136.65 ▼ -10.81 (-7.33%)

Stock	Volume
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	22,789,497 ▼ -0.02
Power Cement / Apr 25 Power Cement Limited(POWER)	21,965,614 ▼ -0.17
Sui South Gas / Apr 25 Sui Southern Gas Company Limited(SSGC)	21,567,163 ▼ -0.56
B.O.Punjab / Apr 25 The Bank of Punjab(BOP)	19,825,526 ▼ -0.08
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	17,030,953 ▼ -0.04
Aisha Steel Mill / Apr 25 Aisha Steel Mills Limited(ASL)	16,751,796 ▲ 0.59
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	16,717,262 ▼ -0.17
Pak Int.Bulk / Apr 25 Pakistan International Bulk Terminal(PIBTL)	16,382,803 ▲ 0.14
Sui North Gas / Apr 25 Sui Northern Gas Pipelines Limited(SNGP)	13,338,455 ▲ 0.33
Secure Logistics / Apr 25 Secure Logistics Group Limited(SLGL)	12,723,116 ▲ 1.13

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