News Archives for Print - 2017-05-18 - Business Recorder

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Print - 2017-05-18

EDB seeks revision in customs duty, RD on various items in Budget 2017

Exchange

EDB seeks revision in customs duty, RD on various items in Budget 2017

The Engineering Development Board (EDB), an arm of the Ministry of Industries and Production (MoI&P) has submitted proposals for change in custom duty and regulatory duty on different items in federal budget 2017-18, well-informed sources in the FBR told

Published 18 May, 2017 12:00am

EDB seeks revision in customs duty, RD on various items in Budget 2017

Exchange

EDB seeks revision in customs duty, RD on various items in Budget 2017

The Engineering Development Board (EDB), an arm of the Ministry of Industries and Production (MoI&P) has submitted proposals for change in custom duty and regulatory duty on different items in federal budget 2017-18, well-informed sources in the FBR told

Published 18 May, 2017 12:00am

EDB seeks revision in customs duty, RD on various items in Budget 2017

Exchange

EDB seeks revision in customs duty, RD on various items in Budget 2017

The Engineering Development Board (EDB), an arm of the Ministry of Industries and Production (MoI&P) has submitted proposals for change in custom duty and regulatory duty on different items in federal budget 2017-18, well-informed sources in the FBR told

Published 18 May, 2017 12:00am

Power shortages

Power shortages

According to a Business Recorder news item "Power evacuation projects: Govt likely to spend Rs 770bn" carried by the newspaper recently, the government is to spend Rs 770 billion on 57 projects for evacuation of power from different projects in Pun

Published 18 May, 2017 12:00am

Feminization of primary school teaching in KP

Feminization of primary school teaching in KP

The Khyber-Pakhtunkhwa (KP) government has approved the Elementary and Secondary Education Department's proposal that only female teachers will be hired in the public sector primary schools across the province. Henceforth, only women will be hired on new

Published 18 May, 2017 12:00am

Dawn leak controversy: Almost, but not quite, settled

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

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

Where justice has the back seat

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

Sales tax refunds

Sales tax refunds

During a pre-budget seminar organised by the Commerce Ministry and attended by officials from Federal Board of Revenue (FBR), State Bank of Pakistan, National Tariff Commission and ministries of Finance, Commerce and Textile Industry, academia, trade asso

Published 18 May, 2017 12:00am

PIA plane: HC asked to get official stance

PIA plane: HC asked to get official stance

Adviser to the Prime Minister on Aviation Division Sardar Mehtab Ahmed Khan Abbasi has said there is no official intimation about any recovery of narcotics from the PIA plane in London. Addressing a news conference here on Wednesday, he said only media is

Published 18 May, 2017 12:00am

PIA plane: HC asked to get official stance

PIA plane: HC asked to get official stance

Adviser to the Prime Minister on Aviation Division Sardar Mehtab Ahmed Khan Abbasi has said there is no official intimation about any recovery of narcotics from the PIA plane in London. Addressing a news conference here on Wednesday, he said only media is

Published 18 May, 2017 12:00am

PIA plane: HC asked to get official stance

PIA plane: HC asked to get official stance

Adviser to the Prime Minister on Aviation Division Sardar Mehtab Ahmed Khan Abbasi has said there is no official intimation about any recovery of narcotics from the PIA plane in London. Addressing a news conference here on Wednesday, he said only media is

Published 18 May, 2017 12:00am

The Weather

The Weather

The weather report on Wednesday (May 17, 2017) and the forecast for Thursday (May 18, 2017).

Published 18 May, 2017 12:00am

Environmental impact of sugarcane crop: LHC orders formation of commission

Cotton

Environmental impact of sugarcane crop: LHC orders formation of commission

The Lahore High Court on Wednesday ordered formation of a commission to determine the facts about sugarcane crop, its environmental impact as well as its damage to the crop of wheat and cotton in response to a petition of Pakistan Cotton and Grinners Asso

Published 18 May, 2017 12:00am

LME official prices

Exchange

LME official prices

The following were Tuesday official prices.

Published 18 May, 2017 12:00am

Environmental impact of sugarcane crop: LHC orders formation of commission

Cotton

Environmental impact of sugarcane crop: LHC orders formation of commission

The Lahore High Court on Wednesday ordered formation of a commission to determine the facts about sugarcane crop, its environmental impact as well as its damage to the crop of wheat and cotton in response to a petition of Pakistan Cotton and Grinners Asso

Published 18 May, 2017 12:00am

LME official prices

Exchange

LME official prices

The following were Tuesday official prices.

Published 18 May, 2017 12:00am

Environmental impact of sugarcane crop: LHC orders formation of commission

Cotton

Environmental impact of sugarcane crop: LHC orders formation of commission

The Lahore High Court on Wednesday ordered formation of a commission to determine the facts about sugarcane crop, its environmental impact as well as its damage to the crop of wheat and cotton in response to a petition of Pakistan Cotton and Grinners Asso

Published 18 May, 2017 12:00am

Cotton Spot Rates

Cotton Spot Rates

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

Published 18 May, 2017 12:00am

SAB recommends export of 1.2 million tons of sugar

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

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

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

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

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

Pakistan Mercantile Exchange - PMEX

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

UN world court to rule today on Jadhav case

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

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

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

Shipping Intelligence

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

Published 18 May, 2017 12:00am

Not all Pakistanis have to declare their offshore assets

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

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

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

Kerb buying and selling rate of US dollar

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

PM has lost moral authority to hold public office: Imran

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

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

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

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

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

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

Revised Rates of Debt Securities

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (May 17, 2017).

Published 18 May, 2017 12:00am

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

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

Revised Rates of Debt Securities

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (May 17, 2017).

Published 18 May, 2017 12:00am

Indian cabinet approves plans to build 10 nuclear reactors

Indian cabinet approves plans to build 10 nuclear reactors

India''''s cabinet approved plans on Wednesday to build 10 nuclear reactors with a combined capacity of 7,000 megawatts (MW), more than the country''''s entire current capacity, to try fast-track its domestic nuclear power programme. The decision by Prime

Published 18 May, 2017 12:00am

Revised Rates of Debt Securities

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (May 17, 2017).

Published 18 May, 2017 12:00am

Indian cabinet approves plans to build 10 nuclear reactors

Indian cabinet approves plans to build 10 nuclear reactors

India''s cabinet approved plans on Wednesday to build 10 nuclear reactors with a combined capacity of 7,000 megawatts (MW), more than the country''s entire current capacity, to try fast-track its domestic nuclear power programme. The decision by Prime Min

Published 18 May, 2017 12:00am

Cross Transactions between Client to Client & Financial Institutions

Cross Transactions between Client to Client & Financial Institutions

The following were the cross transactions between client to client & financial institutions here on Wednesday (May 17, 2017).

Published 18 May, 2017 12:00am

Indian cabinet approves plans to build 10 nuclear reactors

Indian cabinet approves plans to build 10 nuclear reactors

India's cabinet approved plans on Wednesday to build 10 nuclear reactors with a combined capacity of 7,000 megawatts (MW), more than the country's entire current capacity, to try fast-track its domestic nuclear power programme. The decision by Prime Minis

Published 18 May, 2017 12:00am

Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (May 17, 2017).

Published 18 May, 2017 12:00am

Indian cabinet approves plans to build 10 nuclear reactors

Indian cabinet approves plans to build 10 nuclear reactors

India's cabinet approved plans on Wednesday to build 10 nuclear reactors with a combined capacity of 7,000 megawatts (MW), more than the country's entire current capacity, to try fast-track its domestic nuclear power programme. The decision by Prime Minis

Published 18 May, 2017 12:00am

Mutual Funds Association of Pakistan

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Wednesday (May 17, 2017)

Published 18 May, 2017 12:00am

3G/4G spectrum: lone bidder Jazz to get it at $295 million base price

Libor

3G/4G spectrum: lone bidder Jazz to get it at $295 million base price

Jazz has emerged as the only bidder for the auction of Next Generation Mobile Services (NGMS) (3G/4G) spectrum and would get it at base price of $295 million. Jazz will have to pay additional withholding tax of $29.5 million ie 10 per cent of the auction

Published 18 May, 2017 12:00am

Mutual Funds Association of Pakistan

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Wednesday (May 17, 2017)

Published 18 May, 2017 12:00am

3G/4G spectrum: lone bidder Jazz to get it at $295 million base price

Libor

3G/4G spectrum: lone bidder Jazz to get it at $295 million base price

Jazz has emerged as the only bidder for the auction of Next Generation Mobile Services (NGMS) (3G/4G) spectrum and would get it at base price of $295 million. Jazz will have to pay additional withholding tax of $29.5 million ie 10 per cent of the auction

Published 18 May, 2017 12:00am

Mutual Funds Association of Pakistan

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Wednesday (May 17, 2017)

Published 18 May, 2017 12:00am

3G/4G spectrum: lone bidder Jazz to get it at $295 million base price

Libor

3G/4G spectrum: lone bidder Jazz to get it at $295 million base price

Jazz has emerged as the only bidder for the auction of Next Generation Mobile Services (NGMS) (3G/4G) spectrum and would get it at base price of $295 million. Jazz will have to pay additional withholding tax of $29.5 million ie 10 per cent of the auction

Published 18 May, 2017 12:00am

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

National Clearing Company declares daily settlement information for local & foreign investors on Wednesday (May 17, 2017).

Published 18 May, 2017 12:00am

WikiLeaks source Chelsea Manning released from prison

WikiLeaks source Chelsea Manning released from prison

Chelsea Manning, the transgender army private jailed for one of the largest leaks of classified documents in US history, was released from prison Wednesday, a US Army spokeswoman said. Manning "has been released from the United States Disciplinary Barrack

Published 18 May, 2017 12:00am

BRIndex30 and BR Sectoral Indices

BRIndex30 and BR Sectoral Indices

BRIndex30 and BR Sectoral Indices on Wednesday (May 17, 2017).

Published 18 May, 2017 12:00am

WikiLeaks source Chelsea Manning released from prison

WikiLeaks source Chelsea Manning released from prison

Chelsea Manning, the transgender army private jailed for one of the largest leaks of classified documents in US history, was released from prison Wednesday, a US Army spokeswoman said. Manning "has been released from the United States Disciplinary Barrack

Published 18 May, 2017 12:00am

Despatch of dividend warrants

Despatch of dividend warrants

Dates of despatch of dividend warrants and bonus share certificates.

Published 18 May, 2017 12:00am

Transporters call off strike

Transporters call off strike

Goods transporters on Wednesday announced to end their nine-day long strike on Governor Sindh''s assurance to resolve their passage issues. The transporters, whom Sindh Assembly''s Speaker, Aga Siraj Khan Durrani and Sindh Transporter Minister, Nasir Huss

Published 18 May, 2017 12:00am

Extension granted by the secp for holding of annual general meeting

Extension granted by the secp for holding of annual general meeting

Extension granted by the secp for holding of annual general meeting

Published 18 May, 2017 12:00am

Transporters call off strike

Transporters call off strike

Goods transporters on Wednesday announced to end their nine-day long strike on Governor Sindh's assurance to resolve their passage issues. The transporters, whom Sindh Assembly's Speaker, Aga Siraj Khan Durrani and Sindh Transporter Minister, Nasir Hussai

Published 18 May, 2017 12:00am

Applied for extension to SECP for holding AGM

Applied for extension to SECP for holding AGM

Applied for extension to SECP for holding of annual general meeting.

Published 18 May, 2017 12:00am

Transporters call off strike

Transporters call off strike

Goods transporters on Wednesday announced to end their nine-day long strike on Governor Sindh's assurance to resolve their passage issues. The transporters, whom Sindh Assembly's Speaker, Aga Siraj Khan Durrani and Sindh Transporter Minister, Nasir Hussai

Published 18 May, 2017 12:00am

Presentation at P.S.X. Auditorium

Presentation at P.S.X. Auditorium

Presentation at P.S.X. Auditorium (only for TRE certificate holders and their authorised employees).

Published 18 May, 2017 12:00am

Four more TTP terrorists executed

Four more TTP terrorists executed

Another four hardcore terrorists, convicted by military courts, were executed at a jail in Khyber Pakhtunkhwa Wednesday. According to Inter Services Public Relations (ISPR), these terrorists were involved in committing heinous offences relating to terrori

Published 18 May, 2017 12:00am

Presentation

Presentation

Presentation at PSX auditorium (only for members and an authorised employee of the members).

Published 18 May, 2017 12:00am

Pakistan, Afghanistan agree to maintain ceasefire

Pakistan, Afghanistan agree to maintain ceasefire

One-star border flag meeting was held between representatives of Pakistan and Afghanistan at the Friendship Gate Chaman Wednesday, according to Aaj News. The Pakistani delegation was led by DIG FC Balochistan and the Afghan delegation was represented by f

Published 18 May, 2017 12:00am

BOARD MEETINGS

Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 18 May, 2017 12:00am

US maintains Iran nuclear deal sanctions relief

US maintains Iran nuclear deal sanctions relief

The United States decided not to reimpose sanctions on Iran's nuclear program Wednesday despite President Donald Trump's criticism of the deal Tehran signed with the previous US administration. But, while the waiver on the nuclear-related sanctions was re

Published 18 May, 2017 12:00am

Board meetings in progress

Exchange

Board meetings in progress

Board Meetings in Progress of Companies listed on the Pakistan Stock Exchange.

Published 18 May, 2017 12:00am

Changing perception: films, culture and tourism serve as catalyst: Marriyum

Changing perception: films, culture and tourism serve as catalyst: Marriyum

Minister of State for Information, Broadcasting & National Heritage (IB&NH), Marriyam Aurangzeb has said that films, culture, heritage and tourism serve as a catalyst in changing perceptions about countries and societies. Speaking during a meeting with Am

Published 18 May, 2017 12:00am

Board Meetings

Exchange

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 18 May, 2017 12:00am

Prime Minister meets Hong Kong businesspeople

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

Dividend/Bonus Announcements

Exchange

Dividend/Bonus Announcements

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

Published 18 May, 2017 12:00am

Prime Minister meets Hong Kong businesspeople

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

Last date of renunciation/payment

Last date of renunciation/payment

Last dates of renunciation/payment.

Published 18 May, 2017 12:00am

Prime Minister meets Hong Kong businesspeople

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

Proposed right issues

Exchange

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 18 May, 2017 12:00am

BRIndex30 sheds 3.34 points

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

Clearing Schedule for T+2 System

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

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

Dates of Closure of Books & Annual General Meetings

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

Equities shed more weight

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

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

Published 18 May, 2017 12:00am

Equities shed more weight

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

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

Published 18 May, 2017 12:00am

Equities shed more weight

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

EFU 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 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 TAKAFUL AGGRESSIVE FUND RATES

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 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

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 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

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

Published 18 May, 2017 12:00am

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

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

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

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

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

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

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Swiss Franc / Dec 20	0.89
USD to Japanese Yen / Dec 23	156.63
Pound Sterling to USD / Dec 23	1.26
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
Nasdaq / Dec 20	19,572.60
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75
France CAC40 / Dec 20	7,274.48
India Sensex / Dec 23	78,595.51
Tokyo Nikkei / Dec 23	39,161.34

Item	Value
Gold 10 Grams PKR / Dec 20	234,311
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10
Crude Oil USD/Barrel / Dec 23	69.79
Gold Spot USD/Ounce / Dec 23	2,632.38
Diesel/Litre / Dec 23	255.38

Gainers
Losers
Leaders

Stock	Price
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.73 ▲ 0.46 (10.77%)
Trust Sec.& Brok. / Dec 23 Trust Securities & Brokerage Limited(TSBL)	10.55 ▲ 1.00 (10.47%)
Pak. P.V.C. / Dec 23 Pakistan PVC Limited(PPVC)	10.70 ▲ 1.00 (10.31%)
I.C.C. Ind. / Dec 23 ICC Industries Limited(ICCI)	10.94 ▲ 1.00 (10.06%)
Power Cem(Pref) / Dec 23 Power Cement (Pref)(POWERPS)	12.27 ▲ 1.12 (10.04%)
Treet Corp / Dec 23 Treet Corporation Limited(TREET)	24.38 ▲ 2.22 (10.02%)
Calcorp Ltd / Dec 23 Calcorp Limited(CASH)	27.48 ▲ 2.50 (10.01%)

Stock	Price
Faran Sugar (R) / Dec 23 Faran Sugar Mills Limited (R)(FRSMR)	9 ▼ -1.00 (-10.00%)
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	40.87 ▼ -4.54 (-10.00%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	37.72 ▼ -4.19 (-10.00%)
LSE Financial Serv. / Dec 23 LSE Financial Services Limited(LSEFSL)	14.63 ▼ -1.62 (-9.97%)
Olympia Mills / Dec 23 Olympia Mills Limited(OML)	34.60 ▼ -3.82 (-9.94%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
First Tri-Star Mod. / Dec 23 First Tri-Star Modaraba(FTSM)	13.87 ▼ -1.47 (-9.58%)
National Silk / Dec 23 The National Silk & Rayon Mills Limited(NSRM)	50.51 ▼ -4.93 (-8.89%)
S.G.Power / Dec 23 S.G. Power Limited(SGPL)	10.20 ▼ -0.99 (-8.85%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.07
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.10
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.14
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▼ -0.24
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	32,474,960 ▲ 0.44
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.16
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	28,461,480 ▲ 1.26
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	27,887,659 ▲ 1.96
Symmetry Group / Dec 23 Symmetry Group Limited(SYM)	21,897,051 ▲ 0.10

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