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Print - 2017-06-02
The Weather

The Weather

The weather report on Thursday (June 01, 2017) and the forecast for Friday (June 02, 2017).

Published 02 Jun, 2017 12:00am
Bypassing the Senate

Bypassing the Senate

The government was severely criticised in the Senate where the PPP has a majority for not only presenting the budget without first negotiating the National Finance Commission Award (pending since 2015) but also the Sharif administration's penchant for val
Published 02 Jun, 2017 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (June 01, 2017).

Published 02 Jun, 2017 12:00am
Taliban warns against retaliation over Kabul attack

Taliban warns against retaliation over Kabul attack

The Taliban warned the Afghan government on Thursday against harming any of their prisoners after reports that President Ashraf Ghani would order the execution of 11 militants on death row in revenge for the devastating truck bomb attack in Kabul. Ghani's
Published 02 Jun, 2017 12:00am
Taliban warns against retaliation over Kabul attack

Taliban warns against retaliation over Kabul attack

The Taliban warned the Afghan government on Thursday against harming any of their prisoners after reports that President Ashraf Ghani would order the execution of 11 militants on death row in revenge for the devastating truck bomb attack in Kabul. Ghani's
Published 02 Jun, 2017 12:00am
Petition filed against Khursheed

Petition filed against Khursheed

The Election Commission of Pakistan (ECP) has received a petition against Opposition Leader in the National Assembly Khursheed Ahmed Shah on June 19. Abdul Ghafoor filed a petition in the ECP with a plea that Khursheed Shah was 'provoking' some influentia
Published 02 Jun, 2017 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (June 01, 2017).

Published 02 Jun, 2017 12:00am
Petition filed against Khursheed

Petition filed against Khursheed

The Election Commission of Pakistan (ECP) has received a petition against Opposition Leader in the National Assembly Khursheed Ahmed Shah on June 19. Abdul Ghafoor filed a petition in the ECP with a plea that Khursheed Shah was 'provoking' some influentia
Published 02 Jun, 2017 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (June 01, 2017)

Published 02 Jun, 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 Thursday (June 01, 2017).

Published 02 Jun, 2017 12:00am
Government will not demonetize Rs 5,000 note: Dar
Exchange

Government will not demonetize Rs 5,000 note: Dar

Finance Minister Ishaq Dar said on Thursday the government would not demonetize Rs 5000 currency notes. Addressing a post budget seminar organized by a private media group, Finance Minister said the government would not restrict Rs 5000 notes and would is
Published 02 Jun, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (June 01, 2017).

Published 02 Jun, 2017 12:00am
Government will not demonetize Rs 5,000 note: Dar
Exchange

Government will not demonetize Rs 5,000 note: Dar

Finance Minister Ishaq Dar said on Thursday the government would not demonetize Rs 5000 currency notes. Addressing a post budget seminar organized by a private media group, Finance Minister said the government would not restrict Rs 5000 notes and would is
Published 02 Jun, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (June 01, 2017).

Published 02 Jun, 2017 12:00am
Government will not demonetize Rs 5,000 note: Dar
Exchange

Government will not demonetize Rs 5,000 note: Dar

Finance Minister Ishaq Dar said on Thursday the government would not demonetize Rs 5000 currency notes. Addressing a post budget seminar organized by a private media group, Finance Minister said the government would not restrict Rs 5000 notes and would is
Published 02 Jun, 2017 12:00am
Gains at big US newspapers mask slump in sector: study

Gains at big US newspapers mask slump in sector: study

The US newspaper industry remains mired in a slump despite gains in digital subscriptions at some of the big dailies, a study showed Thursday. As the newspaper sector sinks, cable television news is showing strong gains, fueled by interest in the US presi
Published 02 Jun, 2017 12:00am
Gains at big US newspapers mask slump in sector: study

Gains at big US newspapers mask slump in sector: study

The US newspaper industry remains mired in a slump despite gains in digital subscriptions at some of the big dailies, a study showed Thursday. As the newspaper sector sinks, cable television news is showing strong gains, fueled by interest in the US presi
Published 02 Jun, 2017 12:00am
THE RUPEE: minor changes

THE RUPEE: minor changes

Slight changes were seen on the money market on Thursday as the rupee did not move sharply against the dollar on the money market in the process of trading, dealers said. The rupee almost traded in its overnight levels versus the dollar for buying and sel
Published 02 Jun, 2017 12:00am
Gains at big US newspapers mask slump in sector: study

Gains at big US newspapers mask slump in sector: study

The US newspaper industry remains mired in a slump despite gains in digital subscriptions at some of the big dailies, a study showed Thursday. As the newspaper sector sinks, cable television news is showing strong gains, fueled by interest in the US presi
Published 02 Jun, 2017 12:00am
THE RUPEE: minor changes

THE RUPEE: minor changes

Slight changes were seen on the money market on Thursday as the rupee did not move sharply against the dollar on the money market in the process of trading, dealers said. The rupee almost traded in its overnight levels versus the dollar for buying and sel
Published 02 Jun, 2017 12:00am
Gains at big US newspapers mask slump in sector: study

Gains at big US newspapers mask slump in sector: study

The US newspaper industry remains mired in a slump despite gains in digital subscriptions at some of the big dailies, a study showed Thursday. As the newspaper sector sinks, cable television news is showing strong gains, fueled by interest in the US presi
Published 02 Jun, 2017 12:00am
13 soldiers die in helicopter crash in Turkey's southeast: army

13 soldiers die in helicopter crash in Turkey's southeast: army

Thirteen Turkish soldiers were killed Wednesday when a military helicopter crashed after hitting a high-voltage power line in the southeast of the country, the army said. The AS532 Cougar helicopter crashed shortly after taking off from a base in Sirnak p
Published 02 Jun, 2017 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (June 01, 2017).

Published 02 Jun, 2017 12:00am
Foreign investors repatriate $1.5 billion in July-April

Foreign investors repatriate $1.5 billion in July-April

Foreign investors repatriated $1.5 billion on account of profit and dividend during July-April of this fiscal year (FY17). Economists said improved financial results of the corporate sector have scaled up repatriation of profit and dividend by foreign inv
Published 02 Jun, 2017 12:00am
Foreign investors repatriate $1.5 billion in July-April

Foreign investors repatriate $1.5 billion in July-April

Foreign investors repatriated $1.5 billion on account of profit and dividend during July-April of this fiscal year (FY17). Economists said improved financial results of the corporate sector have scaled up repatriation of profit and dividend by foreign inv
Published 02 Jun, 2017 12:00am
Foreign investors repatriate $1.5 billion in July-April

Foreign investors repatriate $1.5 billion in July-April

Foreign investors repatriated $1.5 billion on account of profit and dividend during July-April of this fiscal year (FY17). Economists said improved financial results of the corporate sector have scaled up repatriation of profit and dividend by foreign inv
Published 02 Jun, 2017 12:00am
Foreign investors repatriate $1.5 billion in July-April

Foreign investors repatriate $1.5 billion in July-April

Foreign investors repatriated $1.5 billion on account of profit and dividend during July-April of this fiscal year (FY17). Economists said improved financial results of the corporate sector have scaled up repatriation of profit and dividend by foreign inv
Published 02 Jun, 2017 12:00am
Punjab budget today

Punjab budget today

Punjab Governor Malik Muhammad Rafique Rajwana has summoned the Punjab Assembly session in the assembly chambers on Friday (today). Provincial Finance Minister Dr Ayesha Ghaus Pasha will present the annual budget for the financial year 2017-2018. She will
Published 02 Jun, 2017 12:00am
Punjab budget today

Punjab budget today

Punjab Governor Malik Muhammad Rafique Rajwana has summoned the Punjab Assembly session in the assembly chambers on Friday (today). Provincial Finance Minister Dr Ayesha Ghaus Pasha will present the annual budget for the financial year 2017-2018. She will
Published 02 Jun, 2017 12:00am
Punjab budget today

Punjab budget today

Punjab Governor Malik Muhammad Rafique Rajwana has summoned the Punjab Assembly session in the assembly chambers on Friday (today). Provincial Finance Minister Dr Ayesha Ghaus Pasha will present the annual budget for the financial year 2017-2018. She will
Published 02 Jun, 2017 12:00am
Punjab budget today

Punjab budget today

Punjab Governor Malik Muhammad Rafique Rajwana has summoned the Punjab Assembly session in the assembly chambers on Friday (today). Provincial Finance Minister Dr Ayesha Ghaus Pasha will present the annual budget for the financial year 2017-2018. She will
Published 02 Jun, 2017 12:00am
Sima Kamil becomes President & CEO UBL

Sima Kamil becomes President & CEO UBL

Sima Kamil has assumed the role of President & CEO UBL on Thursday, June 1. UBL''s Board of Directors has expressed its good wishes for Sima Kamil and has welcomed her to the UBL family. She joined UBL as Deputy CEO on 28 March 2017. During this transitio
Published 02 Jun, 2017 12:00am
Sima Kamil becomes President & CEO UBL

Sima Kamil becomes President & CEO UBL

Sima Kamil has assumed the role of President & CEO UBL on Thursday, June 1. UBL's Board of Directors has expressed its good wishes for Sima Kamil and has welcomed her to the UBL family. She joined UBL as Deputy CEO on 28 March 2017. During this transition
Published 02 Jun, 2017 12:00am
Sima Kamil becomes President & CEO UBL

Sima Kamil becomes President & CEO UBL

Sima Kamil has assumed the role of President & CEO UBL on Thursday, June 1. UBL's Board of Directors has expressed its good wishes for Sima Kamil and has welcomed her to the UBL family. She joined UBL as Deputy CEO on 28 March 2017. During this transition
Published 02 Jun, 2017 12:00am
Putin, Modi talk up trade at Russia's economic showcase

Putin, Modi talk up trade at Russia's economic showcase

Russian President Vladimir Putin and Indian premier Narendra Modi looked to bolster declining trade Thursday, as the defiant Russian strongman sought to burnish a fragile recovery at the Kremlin's economic showcase despite tensions with the West. Among th
Published 02 Jun, 2017 12:00am
CPI rises to 5.02 percent in May

CPI rises to 5.02 percent in May

The headline inflation (CPI) has increased 5.02 percent during May 2017 over the same month of last fiscal year, according to Pakistan Bureau of Statistics (PBS). PBS on Thursday released Consumer Price Index figures and stated that 4.18 percent inflation
Published 02 Jun, 2017 12:00am
CPI rises to 5.02 percent in May

CPI rises to 5.02 percent in May

The headline inflation (CPI) has increased 5.02 percent during May 2017 over the same month of last fiscal year, according to Pakistan Bureau of Statistics (PBS). PBS on Thursday released Consumer Price Index figures and stated that 4.18 percent inflation
Published 02 Jun, 2017 12:00am
CPI rises to 5.02 percent in May

CPI rises to 5.02 percent in May

The headline inflation (CPI) has increased 5.02 percent during May 2017 over the same month of last fiscal year, according to Pakistan Bureau of Statistics (PBS). PBS on Thursday released Consumer Price Index figures and stated that 4.18 percent inflation
Published 02 Jun, 2017 12:00am
Imran's counsel concludes arguments

Imran's counsel concludes arguments

The Supreme Court was informed on Thursday if a person earns money abroad and makes assets in foreign lands then it is not mandatory for him to declare assets in Pakistan. A three-member bench led by Chief Justice Mian Saqib Nisar was hearing a plea of Pa
Published 02 Jun, 2017 12:00am
Imran's counsel concludes arguments

Imran's counsel concludes arguments

The Supreme Court was informed on Thursday if a person earns money abroad and makes assets in foreign lands then it is not mandatory for him to declare assets in Pakistan. A three-member bench led by Chief Justice Mian Saqib Nisar was hearing a plea of Pa
Published 02 Jun, 2017 12:00am
Purchase of Bani Gala land: Jemima traces 15-year-old money trail

Purchase of Bani Gala land: Jemima traces 15-year-old money trail

Jemima Khan, the ex-wife of Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan, disclosed through a tweet on Thursday said that she has traced 15-year-old money trail for purchase of Bani Gala residence. "Finally tracked down 15-year-old bank statements t
Published 02 Jun, 2017 12:00am
Purchase of Bani Gala land: Jemima traces 15-year-old money trail

Purchase of Bani Gala land: Jemima traces 15-year-old money trail

Jemima Khan, the ex-wife of Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan, disclosed through a tweet on Thursday said that she has traced 15-year-old money trail for purchase of Bani Gala residence. "Finally tracked down 15-year-old bank statements t
Published 02 Jun, 2017 12:00am
Hussain says was made to wait for two hours
Exchange

Hussain says was made to wait for two hours

Hussain Nawaz on Thursday appeared for the third time before the joint investigation team (JIT) probing the Panama Papers case and recorded his statement in connection with his family's offshore assets. Hussain Nawaz reached Federal Judicial Academy (FJA)
Published 02 Jun, 2017 12:00am
Hussain says was made to wait for two hours
Exchange

Hussain says was made to wait for two hours

Hussain Nawaz on Thursday appeared for the third time before the joint investigation team (JIT) probing the Panama Papers case and recorded his statement in connection with his family's offshore assets. Hussain Nawaz reached Federal Judicial Academy (FJA)
Published 02 Jun, 2017 12:00am
Government expresses 'immense sorrow' over judge's remarks

Government expresses 'immense sorrow' over judge's remarks

The spokesman for the government of Pakistan on Thursday expressed 'immense sorrow' over remarks by an honourable judge of the Supreme Court (SC), terming it "against judicial traditions and code of ethics of the apex court." In a statement, a federal gov
Published 02 Jun, 2017 12:00am
Government expresses 'immense sorrow' over judge's remarks

Government expresses 'immense sorrow' over judge's remarks

The spokesman for the government of Pakistan on Thursday expressed 'immense sorrow' over remarks by an honourable judge of the Supreme Court (SC), terming it "against judicial traditions and code of ethics of the apex court." In a statement, a federal gov
Published 02 Jun, 2017 12:00am
BRIndex30 sheds 1157.85 points

BRIndex30 sheds 1157.85 points

On Thursday, BRIndex30 opened at 26,793.32 points. It touched an intraday high of 27,208.70 points and an intraday low of 25,219.49 points and closed at 25,635.47 points which was -1157.85 points or -4.32 percent lower than previous close. Total volume wa
Published 02 Jun, 2017 12:00am
BRIndex30 sheds 1157.85 points

BRIndex30 sheds 1157.85 points

On Thursday, BRIndex30 opened at 26,793.32 points. It touched an intraday high of 27,208.70 points and an intraday low of 25,219.49 points and closed at 25,635.47 points which was -1157.85 points or -4.32 percent lower than previous close. Total volume wa
Published 02 Jun, 2017 12:00am
Stocks tumble
Mutual Funds

Stocks tumble

Pakistan Stock Exchange witnessed the worst-ever single day decline on the first day of its re-entry in the MSCI-EM Index Thursday. The benchmark KSE-100 index fell by 1,810.76 points to settle at 48,780.81 points. Foreign investors remained net sellers s
Published 02 Jun, 2017 12:00am
Stocks tumble
Mutual Funds

Stocks tumble

Pakistan Stock Exchange witnessed the worst-ever single day decline on the first day of its re-entry in the MSCI-EM Index Thursday. The benchmark KSE-100 index fell by 1,810.76 points to settle at 48,780.81 points. Foreign investors remained net sellers s
Published 02 Jun, 2017 12:00am
Stocks tumble
Mutual Funds

Stocks tumble

Pakistan Stock Exchange witnessed the worst-ever single day decline on the first day of its re-entry in the MSCI-EM Index Thursday. The benchmark KSE-100 index fell by 1,810.76 points to settle at 48,780.81 points. Foreign investors remained net sellers s
Published 02 Jun, 2017 12:00am
Secretive global group gathers in US to mull Trump era

Secretive global group gathers in US to mull Trump era

A secretive group of global power brokers including politicians, bankers, business titans and European royalty gather behind closed doors starting Thursday to debate the merits of Donald Trump's fledgling US presidency. The four-day Bilderberg meeting tak
Published 02 Jun, 2017 12:00am
Secretive global group gathers in US to mull Trump era

Secretive global group gathers in US to mull Trump era

A secretive group of global power brokers including politicians, bankers, business titans and European royalty gather behind closed doors starting Thursday to debate the merits of Donald Trump's fledgling US presidency. The four-day Bilderberg meeting tak
Published 02 Jun, 2017 12:00am