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Sep 20, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2017-08-09
Power challenges

Power challenges

Recent reports indicate that the circular energy debt that had reached manageable levels as far as flows were concerned (though the stock remained constant) in fiscal 2015 and 2016, have begun to rise again and, at present, have alarmingly reached 800 bil
Published 09 Aug, 2017 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (August 08, 2017).

Published 09 Aug, 2017 12:00am
PML-N drops plans for Shahbaz to replace ex-PM

PML-N drops plans for Shahbaz to replace ex-PM

The brother of ousted leader Nawaz Sharif will not contest a National Assembly by-election for the vacant seat, party sources said on Tuesday, effectively scuttling previous plans for him to take over as prime minister in September. Sharif, 68, was disqua
Published 09 Aug, 2017 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (August 08, 2017)

Published 09 Aug, 2017 12:00am
PML-N drops plans for Shahbaz to replace ex-PM

PML-N drops plans for Shahbaz to replace ex-PM

The brother of ousted leader Nawaz Sharif will not contest a National Assembly by-election for the vacant seat, party sources said on Tuesday, effectively scuttling previous plans for him to take over as prime minister in September. Sharif, 68, was disqua
Published 09 Aug, 2017 12:00am
Imran heaps more criticism on Nawaz

Imran heaps more criticism on Nawaz

Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan on Tuesday said that Article 6 of Constitution should be applied on former Prime Minister Nawaz Sharif for "ridiculing" the apex court's verdict in Panama Papers case. Speaking at a presser after presidin
Published 09 Aug, 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 Tuesday (August 08, 2017).

Published 09 Aug, 2017 12:00am
Imran heaps more criticism on Nawaz

Imran heaps more criticism on Nawaz

Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan on Tuesday said that Article 6 of Constitution should be applied on former Prime Minister Nawaz Sharif for "ridiculing" the apex court's verdict in Panama Papers case. Speaking at a presser after presidin
Published 09 Aug, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (August 08, 2017).

Published 09 Aug, 2017 12:00am
New ministers get briefing on trade, other matters

New ministers get briefing on trade, other matters

Commerce Minister Pervaiz Malik and Minister of State, Haji Muhammad Akram Ansari Tuesday held a meeting with the heads of different sections and sought a briefing on trade performance and other issues. The Commerce Ministry team headed by Additional Secr
Published 09 Aug, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (August 08, 2017).

Published 09 Aug, 2017 12:00am
New ministers get briefing on trade, other matters

New ministers get briefing on trade, other matters

Commerce Minister Pervaiz Malik and Minister of State, Haji Muhammad Akram Ansari Tuesday held a meeting with the heads of different sections and sought a briefing on trade performance and other issues. The Commerce Ministry team headed by Additional Secr
Published 09 Aug, 2017 12:00am
New ministers get briefing on trade, other matters

New ministers get briefing on trade, other matters

Commerce Minister Pervaiz Malik and Minister of State, Haji Muhammad Akram Ansari Tuesday held a meeting with the heads of different sections and sought a briefing on trade performance and other issues. The Commerce Ministry team headed by Additional Secr
Published 09 Aug, 2017 12:00am
THE RUPEE: no change

THE RUPEE: no change

The rupee was almost unchanged against the dollar on the money market on Tuesday in the process of trading, dealers said. The rupee was inert versus the dollar for buying and selling at Rs 105.39 and Rs 105.40 respectively, they said.
Published 09 Aug, 2017 12:00am
THE RUPEE: no change

THE RUPEE: no change

The rupee was almost unchanged against the dollar on the money market on Tuesday in the process of trading, dealers said. The rupee was inert versus the dollar for buying and selling at Rs 105.39 and Rs 105.40 respectively, they said.
Published 09 Aug, 2017 12:00am
Model Town tragedy: Qadri urges SC to hand over case to JIT

Model Town tragedy: Qadri urges SC to hand over case to JIT

Pakistan Awami Tehreek (PAT) Chairman Dr Tahir-ul-Qadri has appealed to the Supreme Court of Pakistan to hand over the Model Town massacre case to the joint investigation team (JIT) which was constituted in the Panama case. Qadri made this demand while ad
Published 09 Aug, 2017 12:00am
Model Town tragedy: Qadri urges SC to hand over case to JIT

Model Town tragedy: Qadri urges SC to hand over case to JIT

Pakistan Awami Tehreek (PAT) Chairman Dr Tahir-ul-Qadri has appealed to the Supreme Court of Pakistan to hand over the Model Town massacre case to the joint investigation team (JIT) which was constituted in the Panama case. Qadri made this demand while ad
Published 09 Aug, 2017 12:00am
Gulalai's allegations: PTI rejects probe body

Gulalai's allegations: PTI rejects probe body

Pakistan Tehreek-e-Insaf (PTI) on Tuesday plainly rejected the Ethics Committee formed by Speaker National Assembly Sardar Ayaz Sadiq to probe into allegations of harassment against lawmakers, fearing that it could be used to victimise political opponents
Published 09 Aug, 2017 12:00am
Gulalai's allegations: PTI rejects probe body

Gulalai's allegations: PTI rejects probe body

Pakistan Tehreek-e-Insaf (PTI) on Tuesday plainly rejected the Ethics Committee formed by Speaker National Assembly Sardar Ayaz Sadiq to probe into allegations of harassment against lawmakers, fearing that it could be used to victimise political opponents
Published 09 Aug, 2017 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (August 08, 2017).

Published 09 Aug, 2017 12:00am
HBO hackers demand millions in ransom note

HBO hackers demand millions in ransom note

Hackers claiming to have breached HBO were demanding millions of dollars in ransom payments from the television group, while threatening to release more files from what is claimed to be a massive data breach. A video circulating online directs a message t
Published 09 Aug, 2017 12:00am
HBO hackers demand millions in ransom note

HBO hackers demand millions in ransom note

Hackers claiming to have breached HBO were demanding millions of dollars in ransom payments from the television group, while threatening to release more files from what is claimed to be a massive data breach. A video circulating online directs a message t
Published 09 Aug, 2017 12:00am
HBO hackers demand millions in ransom note

HBO hackers demand millions in ransom note

Hackers claiming to have breached HBO were demanding millions of dollars in ransom payments from the television group, while threatening to release more files from what is claimed to be a massive data breach. A video circulating online directs a message t
Published 09 Aug, 2017 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 09 Aug, 2017 12:00am
Up to 100 feared dead, thousands injured in China quake

Up to 100 feared dead, thousands injured in China quake

A 6.5-magnitude earthquake rattled southwest China late Tuesday, killing at least seven people, with up to 100 feared dead, according to a government estimate. Seven people died and 88 were injured in the quake, including 21 seriously, the official Xinhua
Published 09 Aug, 2017 12:00am
Up to 100 feared dead, thousands injured in China quake

Up to 100 feared dead, thousands injured in China quake

A 6.5-magnitude earthquake rattled southwest China late Tuesday, killing at least seven people, with up to 100 feared dead, according to a government estimate. Seven people died and 88 were injured in the quake, including 21 seriously, the official Xinhua
Published 09 Aug, 2017 12:00am
PSO board approves Rs 15 per share cash dividend

PSO board approves Rs 15 per share cash dividend

The board of directors of Pakistan State Oil Company (PSO) has recommended a final cash dividend for the financial year ended June 30, 2017 at the rate of Rs 15 per share, equivalent to 150 percent. The board of directors of the company, in its meeting he
Published 09 Aug, 2017 12:00am
PSO board approves Rs 15 per share cash dividend

PSO board approves Rs 15 per share cash dividend

The board of directors of Pakistan State Oil Company (PSO) has recommended a final cash dividend for the financial year ended June 30, 2017 at the rate of Rs 15 per share, equivalent to 150 percent. The board of directors of the company, in its meeting he
Published 09 Aug, 2017 12:00am
PSO board approves Rs 15 per share cash dividend

PSO board approves Rs 15 per share cash dividend

The board of directors of Pakistan State Oil Company (PSO) has recommended a final cash dividend for the financial year ended June 30, 2017 at the rate of Rs 15 per share, equivalent to 150 percent. The board of directors of the company, in its meeting he
Published 09 Aug, 2017 12:00am
Dar announces issuance of Rs 26.43 billion sales tax refunds

Dar announces issuance of Rs 26.43 billion sales tax refunds

Terming sales tax refunds a sensitive issue for the PML (N) government, Finance Minister Ishaq Dar Tuesday announced the issuance of sales tax refunds of Rs 26.43 billion, including refunds issued in the first phase, involving 10,439 refund payment orders
Published 09 Aug, 2017 12:00am
Dar announces issuance of Rs 26.43 billion sales tax refunds

Dar announces issuance of Rs 26.43 billion sales tax refunds

Terming sales tax refunds a sensitive issue for the PML (N) government, Finance Minister Ishaq Dar Tuesday announced the issuance of sales tax refunds of Rs 26.43 billion, including refunds issued in the first phase, involving 10,439 refund payment orders
Published 09 Aug, 2017 12:00am
Dar announces issuance of Rs 26.43 billion sales tax refunds

Dar announces issuance of Rs 26.43 billion sales tax refunds

Terming sales tax refunds a sensitive issue for the PML (N) government, Finance Minister Ishaq Dar Tuesday announced the issuance of sales tax refunds of Rs 26.43 billion, including refunds issued in the first phase, involving 10,439 refund payment orders
Published 09 Aug, 2017 12:00am
Ministry disputes size of circular debt''s stock

Ministry disputes size of circular debt''s stock

Ministry of Water and Power by redefining circular debt refuses to acknowledge that the country''s energy sector circular debt stock has touched Rs 800 billion. Zargham Eshaq Khan, Joint Secretary (Power Finance) who deals with power sector''s financial i
Published 09 Aug, 2017 12:00am
Ministry disputes size of circular debt's stock

Ministry disputes size of circular debt's stock

Ministry of Water and Power by redefining circular debt refuses to acknowledge that the country's energy sector circular debt stock has touched Rs 800 billion. Zargham Eshaq Khan, Joint Secretary (Power Finance) who deals with power sector's financial iss
Published 09 Aug, 2017 12:00am
Ministry disputes size of circular debt's stock

Ministry disputes size of circular debt's stock

Ministry of Water and Power by redefining circular debt refuses to acknowledge that the country's energy sector circular debt stock has touched Rs 800 billion. Zargham Eshaq Khan, Joint Secretary (Power Finance) who deals with power sector's financial iss
Published 09 Aug, 2017 12:00am
PM advocates balanced energy mix

PM advocates balanced energy mix

Prime Minister Shahid Khaqan Abbasi has directed Power Division and Petroleum Division to formulate a roadmap to reduce usage of thermal power sources and promote use of natural gas and domestic coal for energy production. While chairing the first meeting
Published 09 Aug, 2017 12:00am
PM advocates balanced energy mix

PM advocates balanced energy mix

Prime Minister Shahid Khaqan Abbasi has directed Power Division and Petroleum Division to formulate a roadmap to reduce usage of thermal power sources and promote use of natural gas and domestic coal for energy production. While chairing the first meeting
Published 09 Aug, 2017 12:00am
PM advocates balanced energy mix

PM advocates balanced energy mix

Prime Minister Shahid Khaqan Abbasi has directed Power Division and Petroleum Division to formulate a roadmap to reduce usage of thermal power sources and promote use of natural gas and domestic coal for energy production. While chairing the first meeting
Published 09 Aug, 2017 12:00am
BRIndex100, 30 lose another points
Exchange

BRIndex100, 30 lose another points

On Tuesday, BRIndex100 opened at 5,094.65 points. It touched an intraday high of 5,098.81 points and an intraday low of 5,008.05 points. It closed at 5,018.27 points which was -76.38 points or -1.5 percent lower than previous close. Its total volume was 1
Published 09 Aug, 2017 12:00am
BRIndex100, 30 lose another points
Exchange

BRIndex100, 30 lose another points

On Tuesday, BRIndex100 opened at 5,094.65 points. It touched an intraday high of 5,098.81 points and an intraday low of 5,008.05 points. It closed at 5,018.27 points which was -76.38 points or -1.5 percent lower than previous close. Its total volume was 1
Published 09 Aug, 2017 12:00am
Bears tighten grip
Exchange

Bears tighten grip

A bearish trend continued on Pakistan Stock Exchange Tuesday. The benchmark KSE-100 index lost another 485.96 points to close at 45,979.70 points. Trading activity also remained low as daily volumes on the ready counter decreased to 205.786 million shares
Published 09 Aug, 2017 12:00am
Bears tighten grip
Exchange

Bears tighten grip

A bearish trend continued on Pakistan Stock Exchange Tuesday. The benchmark KSE-100 index lost another 485.96 points to close at 45,979.70 points. Trading activity also remained low as daily volumes on the ready counter decreased to 205.786 million shares
Published 09 Aug, 2017 12:00am
Bears tighten grip
Exchange

Bears tighten grip

A bearish trend continued on Pakistan Stock Exchange Tuesday. The benchmark KSE-100 index lost another 485.96 points to close at 45,979.70 points. Trading activity also remained low as daily volumes on the ready counter decreased to 205.786 million shares
Published 09 Aug, 2017 12:00am
Rs 100 subsidy on each urea bag: notification issued

Rs 100 subsidy on each urea bag: notification issued

After consultations with the stakeholders, the Finance Ministry has issued a notification of Rs 100 subsidy on each urea bag aimed at keeping its price below Rs 1400 per bag for 2017-18. According to the notification of August 7, 2017, the Federal Governm
Published 09 Aug, 2017 12:00am
Rs 100 subsidy on each urea bag: notification issued

Rs 100 subsidy on each urea bag: notification issued

After consultations with the stakeholders, the Finance Ministry has issued a notification of Rs 100 subsidy on each urea bag aimed at keeping its price below Rs 1400 per bag for 2017-18. According to the notification of August 7, 2017, the Federal Governm
Published 09 Aug, 2017 12:00am
Rs 100 subsidy on each urea bag: notification issued

Rs 100 subsidy on each urea bag: notification issued

After consultations with the stakeholders, the Finance Ministry has issued a notification of Rs 100 subsidy on each urea bag aimed at keeping its price below Rs 1400 per bag for 2017-18. According to the notification of August 7, 2017, the Federal Governm
Published 09 Aug, 2017 12:00am
CCP''''s suo motu power stymied by lack of members

CCP''''s suo motu power stymied by lack of members

The federal government has yet to appoint 3 members of the Competition Commission of Pakistan (CCP) who retired in January 2017, rendering CCP unable to take suo motu actions against cartels with only 2 members. Under Section 14 of the Competition Act, 20
Published 09 Aug, 2017 12:00am
CCP''s suo motu power stymied by lack of members

CCP''s suo motu power stymied by lack of members

The federal government has yet to appoint 3 members of the Competition Commission of Pakistan (CCP) who retired in January 2017, rendering CCP unable to take suo motu actions against cartels with only 2 members. Under Section 14 of the Competition Act, 20
Published 09 Aug, 2017 12:00am
CCP's suo motu power stymied by lack of members

CCP's suo motu power stymied by lack of members

The federal government has yet to appoint 3 members of the Competition Commission of Pakistan (CCP) who retired in January 2017, rendering CCP unable to take suo motu actions against cartels with only 2 members. Under Section 14 of the Competition Act, 20
Published 09 Aug, 2017 12:00am
CCP's suo motu power stymied by lack of members

CCP's suo motu power stymied by lack of members

The federal government has yet to appoint 3 members of the Competition Commission of Pakistan (CCP) who retired in January 2017, rendering CCP unable to take suo motu actions against cartels with only 2 members. Under Section 14 of the Competition Act, 20
Published 09 Aug, 2017 12:00am
Nawaz's rally: security on high alert in Islamabad

Nawaz's rally: security on high alert in Islamabad

Islamabad police have put security on high alert in the city and chalked out comprehensive plan to ensure foolproof security on the occasion of former Prime Minister Nawaz Sharif's rally to be taken out from Punjab House on Wednesday (today).
Published 09 Aug, 2017 12:00am
Nawaz's rally: security on high alert in Islamabad

Nawaz's rally: security on high alert in Islamabad

Islamabad police have put security on high alert in the city and chalked out comprehensive plan to ensure foolproof security on the occasion of former Prime Minister Nawaz Sharif's rally to be taken out from Punjab House on Wednesday (today).
Published 09 Aug, 2017 12:00am
Volkswagen offers discounts against dirty old diesels

Volkswagen offers discounts against dirty old diesels

Carmaker Volkswagen and its subsidiaries said Tuesday they would offer cash incentives to trade in old diesel cars, as Germany struggles to reduce harmful emissions following a cheating scandal. The VW brand said it would offer buyers trading in an old di
Published 09 Aug, 2017 12:00am
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