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Print - 2018-05-03
EU unveils budget penalising 'rule-of-law' violators

EU unveils budget penalising 'rule-of-law' violators

The EU unveiled plans Wednesday for a bigger 1.279-trillion euro budget for the seven years after Brexit featuring a controversial move to cut funding for countries that fail to respect democratic standards. European Commission chief Jean-Claude Juncker s
Published 03 May, 2018 12:00am
EU unveils budget penalising 'rule-of-law' violators

EU unveils budget penalising 'rule-of-law' violators

The EU unveiled plans Wednesday for a bigger 1.279-trillion euro budget for the seven years after Brexit featuring a controversial move to cut funding for countries that fail to respect democratic standards. European Commission chief Jean-Claude Juncker s
Published 03 May, 2018 12:00am
Anti-judiciary speech: LHC summons Ahsan on May 7

Anti-judiciary speech: LHC summons Ahsan on May 7

The Lahore High Court on Tuesday directed Interior Minister Ahsan Iqbal to appear before the court on May 07 and explain his position about an 'anti-judiciary' speech responding to remarks of Chief Justice Pakistan about his involvement in appointment of
Published 03 May, 2018 12:00am
Anti-judiciary speech: LHC summons Ahsan on May 7

Anti-judiciary speech: LHC summons Ahsan on May 7

The Lahore High Court on Tuesday directed Interior Minister Ahsan Iqbal to appear before the court on May 07 and explain his position about an 'anti-judiciary' speech responding to remarks of Chief Justice Pakistan about his involvement in appointment of
Published 03 May, 2018 12:00am
Nawaz accused of owning Avenfield properties since 1993
Exchange

Nawaz accused of owning Avenfield properties since 1993

Former Prime Minister Nawaz Sharif has been owning and possessing the Avenfield properties since 1993, the prosecution witness and investigation officer of National Accountability Bureau (NAB) told an Accountability Court on Wednesday.
Published 03 May, 2018 12:00am
Nawaz accused of owning Avenfield properties since 1993
Exchange

Nawaz accused of owning Avenfield properties since 1993

Former Prime Minister Nawaz Sharif has been owning and possessing the Avenfield properties since 1993, the prosecution witness and investigation officer of National Accountability Bureau (NAB) told an Accountability Court on Wednesday.
Published 03 May, 2018 12:00am
BRIndex100 turns bearish
Exchange

BRIndex100 turns bearish

Pakistan Stock Exchange witnessed declining trend due to selling in various sectors. BRIndex100 lost 34.93 points or 0.72 percent to close at 4,837.07 points on Wednesday. During the session the BRIndex100 touched an intraday high of 4,872.22 and an intra
Published 03 May, 2018 12:00am
BRIndex100 turns bearish
Exchange

BRIndex100 turns bearish

Pakistan Stock Exchange witnessed declining trend due to selling in various sectors. BRIndex100 lost 34.93 points or 0.72 percent to close at 4,837.07 points on Wednesday. During the session the BRIndex100 touched an intraday high of 4,872.22 and an intra
Published 03 May, 2018 12:00am
BRIndex100 turns bearish
Exchange

BRIndex100 turns bearish

Pakistan Stock Exchange witnessed declining trend due to selling in various sectors. BRIndex100 lost 34.93 points or 0.72 percent to close at 4,837.07 points on Wednesday. During the session the BRIndex100 touched an intraday high of 4,872.22 and an intra
Published 03 May, 2018 12:00am
Opposition terms budget 2018-19 unconstitutional
Exchange

Opposition terms budget 2018-19 unconstitutional

Leader of Opposition in the National Assembly Syed Khursheed Shah Wednesday termed the budget for fiscal year 2018-19 unconstitutional and announced to reject it. "We consider this budget totally unconstitutional and reject it," he said while opening deba
Published 03 May, 2018 12:00am
Opposition terms budget 2018-19 unconstitutional
Exchange

Opposition terms budget 2018-19 unconstitutional

Leader of Opposition in the National Assembly Syed Khursheed Shah Wednesday termed the budget for fiscal year 2018-19 unconstitutional and announced to reject it. "We consider this budget totally unconstitutional and reject it," he said while opening deba
Published 03 May, 2018 12:00am
Opposition terms budget 2018-19 unconstitutional
Exchange

Opposition terms budget 2018-19 unconstitutional

Leader of Opposition in the National Assembly Syed Khursheed Shah Wednesday termed the budget for fiscal year 2018-19 unconstitutional and announced to reject it. "We consider this budget totally unconstitutional and reject it," he said while opening deba
Published 03 May, 2018 12:00am
Opposition terms budget 2018-19 unconstitutional
Exchange

Opposition terms budget 2018-19 unconstitutional

Leader of Opposition in the National Assembly Syed Khursheed Shah Wednesday termed the budget for fiscal year 2018-19 unconstitutional and announced to reject it. "We consider this budget totally unconstitutional and reject it," he said while opening deba
Published 03 May, 2018 12:00am
The Weather

The Weather

The weather report on Wednesday (May 02, 2018) and the forecast for Thursday (May 03, 2018).

Published 03 May, 2018 12:00am
Cabinet irked by reduction in PSDP allocations

Cabinet irked by reduction in PSDP allocations

While presenting facts about the economy, Prime Minister Shahid Khaqan Abbasi has reportedly acknowledged that the country''s tax revenue is not even enough to finance defence and debt servicing; well-informed sources told Business Recorder. He mad
Published 03 May, 2018 12:00am
Cabinet irked by reduction in PSDP allocations

Cabinet irked by reduction in PSDP allocations

While presenting facts about the economy, Prime Minister Shahid Khaqan Abbasi has reportedly acknowledged that the country's tax revenue is not even enough to finance defence and debt servicing; well-informed sources told Business Recorder. He made
Published 03 May, 2018 12:00am
Cabinet irked by reduction in PSDP allocations

Cabinet irked by reduction in PSDP allocations

While presenting facts about the economy, Prime Minister Shahid Khaqan Abbasi has reportedly acknowledged that the country's tax revenue is not even enough to finance defence and debt servicing; well-informed sources told Business Recorder. He made
Published 03 May, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (May 02, 2018).

Published 03 May, 2018 12:00am
Growth rate has increased but...
Exchange

Growth rate has increased but...

The economy has shown sharply divergent symptoms and indicators in 2017-18. According to the estimates by the Pakistan Bureau of Statistics, the GDP growth rate has been rising consistently since 2012-13 reaching a peak of 5.8% by 2017-18. This is the hig
Published 03 May, 2018 12:00am
Growth rate has increased but...
Exchange

Growth rate has increased but...

The economy has shown sharply divergent symptoms and indicators in 2017-18. According to the estimates by the Pakistan Bureau of Statistics, the GDP growth rate has been rising consistently since 2012-13 reaching a peak of 5.8% by 2017-18. This is the hig
Published 03 May, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (May 02, 2018).

Published 03 May, 2018 12:00am
Growth rate has increased but...
Exchange

Growth rate has increased but...

The economy has shown sharply divergent symptoms and indicators in 2017-18. According to the estimates by the Pakistan Bureau of Statistics, the GDP growth rate has been rising consistently since 2012-13 reaching a peak of 5.8% by 2017-18. This is the hig
Published 03 May, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (May 02, 2018).

Published 03 May, 2018 12:00am
Growth rate has increased but...
Exchange

Growth rate has increased but...

The economy has shown sharply divergent symptoms and indicators in 2017-18. According to the estimates by the Pakistan Bureau of Statistics, the GDP growth rate has been rising consistently since 2012-13 reaching a peak of 5.8% by 2017-18. This is the hig
Published 03 May, 2018 12:00am
Growth rate has increased but...
Exchange

Growth rate has increased but...

The economy has shown sharply divergent symptoms and indicators in 2017-18. According to the estimates by the Pakistan Bureau of Statistics, the GDP growth rate has been rising consistently since 2012-13 reaching a peak of 5.8% by 2017-18. This is the hig
Published 03 May, 2018 12:00am
THE RUPEE: no change
Currency

THE RUPEE: no change

The rupee managed to hold overnight levels against the dollar on the money market on Wednesday in the process of trading activity, dealers said.
Published 03 May, 2018 12:00am
THE RUPEE: no change
Currency

THE RUPEE: no change

The rupee managed to hold overnight levels against the dollar on the money market on Wednesday in the process of trading activity, dealers said.
Published 03 May, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (May 02, 2018).

Published 03 May, 2018 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 03 May, 2018 12:00am
Board Meetings
Exchange

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 03 May, 2018 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (May 02, 2018).

Published 03 May, 2018 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (May 02, 2018).
Published 03 May, 2018 12:00am
Currency notes: exchange rates
Exchange

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Wednesday (May 02, 2018).

Published 03 May, 2018 12:00am
Barclays bid rates and maximum rates for payment of interest
Exchange

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 03 May, 2018 12:00am
State Bank of Pakistan conversion rates
Exchange

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 03 May, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 03 May, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 03 May, 2018 12:00am
PMEX daily trading report
Exchange

PMEX daily trading report

On Tuesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,417. The traded value of Metals, Energy and COTS/FX was recorded at 4.966 billion and the number of lots traded was 10,002. Major business was contributed by gold amounti
Published 03 May, 2018 12:00am
CBOT wheat futures rise over three percent

CBOT wheat futures rise over three percent

Chicago Board of Trade wheat futures rose more than 3 percent Tuesday on technical buying, including short-covering, and uncertainty about the size of the US winter wheat crop as an annual crop tour began scouting fields in top producer Kansas, traders sa
Published 03 May, 2018 12:00am
Caterpillars hit Ivory Coast cocoa mid-crop

Caterpillars hit Ivory Coast cocoa mid-crop

Caterpillars are eating into cocoa crops in coastal regions of Ivory Coast, threatening what so far has been a promising April-to-September mid-crop, farmers said on Monday. An agronomist who advises farmers in San Pedro region told Reuters about 200 hect
Published 03 May, 2018 12:00am
Strong Asian demand continues to hold up thermal coal markets

Strong Asian demand continues to hold up thermal coal markets

Asian thermal coal demand is defying its typical seasonal slowdown as well as the expanding use of renewables and natural gas, with prices holding not far off $100 a tonne despite the onset of the usual lull at this time of year. Benchmark Australian ther
Published 03 May, 2018 12:00am
Activities at Karachi and Qasim Ports

Activities at Karachi and Qasim Ports

The Karachi Port handled 132,667 tonnes of cargo comprising 92,213 tonnes of import cargo and 40,454 tonnes of export cargo including 4,177 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday. The total import cargo of 9
Published 03 May, 2018 12:00am
Modest business on cotton market
Cotton

Modest business on cotton market

Modest business was witnessed on the cotton market on Wednesday amid post-holiday session, dealers said. The official spot rate was up by Rs 100 to Rs 7500, they added. In both Sindh and Punjab, seed cotton prices were at Rs 2800-3100, they said. In the r
Published 03 May, 2018 12:00am
Algeria's Sonatrach boosted gas output in 2017

Algeria's Sonatrach boosted gas output in 2017

Algeria's state energy firm Sonatrach said on Monday it boosted its gas output by 5 percent to 135 billion cubic metres in 2017, marking the first time the company has used a news conference to disclose production data. Sonatrach's CEO, appointed a year a
Published 03 May, 2018 12:00am
Benzema takes Real into Champions League final

Benzema takes Real into Champions League final

Real Madrid are within touching distance of a third consecutive Champions League triumph after Karim Benzema scored twice to eliminate Bayern Munich on Tuesday and book their place in the final. Bayern, who trailed 2-1 following last week's opening leg in
Published 03 May, 2018 12:00am
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