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Print - 2018-06-14
Arab states launch biggest assault of Yemen war with attack on main port

Arab states launch biggest assault of Yemen war with attack on main port

A Saudi-led alliance of Arab states launched an attack on Yemen's main port city on Wednesday in the largest battle of the war, aiming to bring the ruling Houthi movement to its knees at the risk of worsening the world's biggest humanitarian crisis. Arab
Published 14 Jun, 2018 12:00am
Arab states launch biggest assault of Yemen war with attack on main port

Arab states launch biggest assault of Yemen war with attack on main port

A Saudi-led alliance of Arab states launched an attack on Yemen's main port city on Wednesday in the largest battle of the war, aiming to bring the ruling Houthi movement to its knees at the risk of worsening the world's biggest humanitarian crisis. Arab
Published 14 Jun, 2018 12:00am
Ministry explains why Zulfi allowed to leave

Ministry explains why Zulfi allowed to leave

Ministry of Interior informed the Prime Minister's Office on Wednesday that the name of Syed Zulfiqar Abbas Bukhari, a close friend of Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan also who is widely known as Zulfi, is on blacklist, and not on Exit C
Published 14 Jun, 2018 12:00am
The Weather

The Weather

The weather report on Wednesday (June 13, 2018) and the forecast for Thursday (June 14, 2018).

Published 14 Jun, 2018 12:00am
Ministry explains why Zulfi allowed to leave

Ministry explains why Zulfi allowed to leave

Ministry of Interior informed the Prime Minister's Office on Wednesday that the name of Syed Zulfiqar Abbas Bukhari, a close friend of Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan also who is widely known as Zulfi, is on blacklist, and not on Exit C
Published 14 Jun, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (June 13, 2018).

Published 14 Jun, 2018 12:00am
Moon-Sighting: Shawwal 1439 AH

Moon-Sighting: Shawwal 1439 AH

The 'Astronomical Moon Birth' is on 14 June, 2018 (Thursday) at 00:45 PST. On 14 June, the moon will be easily seen in Africa and America. On 15 June, the moon will be easily seen in most parts of the world.
Published 14 Jun, 2018 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 14 Jun, 2018 12:00am
Moon-Sighting: Shawwal 1439 AH

Moon-Sighting: Shawwal 1439 AH

The 'Astronomical Moon Birth' is on 14 June, 2018 (Thursday) at 00:45 PST. On 14 June, the moon will be easily seen in Africa and America. On 15 June, the moon will be easily seen in most parts of the world.
Published 14 Jun, 2018 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 14 Jun, 2018 12:00am
SC dismisses petition seeking disqualification of Rashid

SC dismisses petition seeking disqualification of Rashid

The Supreme Court on Wednesday dismissed a petition with a 2:1 verdict against President Awami Muslim League (AML) Sheikh Rashid Ahmed for mmis-declaration of his assets. A three-member bench comprising Justice Sheikh Azmat Saeed, Justice Qazi Faez Isa an
Published 14 Jun, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (June 13, 2018).

Published 14 Jun, 2018 12:00am
SC dismisses petition seeking disqualification of Rashid

SC dismisses petition seeking disqualification of Rashid

The Supreme Court on Wednesday dismissed a petition with a 2:1 verdict against President Awami Muslim League (AML) Sheikh Rashid Ahmed for mmis-declaration of his assets. A three-member bench comprising Justice Sheikh Azmat Saeed, Justice Qazi Faez Isa an
Published 14 Jun, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (June 13, 2018)

Published 14 Jun, 2018 12:00am
KP Police register 2,643 online FIRs

KP Police register 2,643 online FIRs

The online FIR registration introduced by the Khyber Pakhtunkhwa police is receiving tremendous response from the general public as 2,643 online FIRs have been registered in the province since launching of the facility. The spokesman for the KP Police sai
Published 14 Jun, 2018 12:00am
Nawaz, Maryam set to leave for London today

Nawaz, Maryam set to leave for London today

Former Prime Minister Nawaz Sharif and his daughter, Maryam Nawaz, are scheduled to fly to London today to see ailing Kulsoom Nawaz there. Nawaz and Maryam will celebrate Eid in London and will return back after Eid holidays, sources said. Nawaz used to s
Published 14 Jun, 2018 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 (June 13, 2018).

Published 14 Jun, 2018 12:00am
Nawaz, Maryam set to leave for London today

Nawaz, Maryam set to leave for London today

Former Prime Minister Nawaz Sharif and his daughter, Maryam Nawaz, are scheduled to fly to London today to see ailing Kulsoom Nawaz there. Nawaz and Maryam will celebrate Eid in London and will return back after Eid holidays, sources said. Nawaz used to s
Published 14 Jun, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (June 13, 2018).

Published 14 Jun, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (June 13, 2018).

Published 14 Jun, 2018 12:00am
IFC rejects proposed solar tripartite EPA

IFC rejects proposed solar tripartite EPA

The International Financial Corporation (IFC), an arm of World Bank, has reportedly rejected proposed solar tripartite Energy Purchase Agreement (EPA), particularly the mark up rates; well informed sources told Business Recorder. As the largest glo
Published 14 Jun, 2018 12:00am
THE RUPEE: further erosion
Currency

THE RUPEE: further erosion

The rupee continued erosion against the dollar for the third day on Wednesday in the process of trading activity, dealer said. Since, the week started, the national currency started showing its weakness versus the dollar. On Monday, the State Bank of Paki
Published 14 Jun, 2018 12:00am
IFC rejects proposed solar tripartite EPA

IFC rejects proposed solar tripartite EPA

The International Financial Corporation (IFC), an arm of World Bank, has reportedly rejected proposed solar tripartite Energy Purchase Agreement (EPA), particularly the mark up rates; well informed sources told Business Recorder. As the largest glo
Published 14 Jun, 2018 12:00am
THE RUPEE: further erosion
Currency

THE RUPEE: further erosion

The rupee continued erosion against the dollar for the third day on Wednesday in the process of trading activity, dealer said. Since, the week started, the national currency started showing its weakness versus the dollar. On Monday, the State Bank of Paki
Published 14 Jun, 2018 12:00am
IFC rejects proposed solar tripartite EPA

IFC rejects proposed solar tripartite EPA

The International Financial Corporation (IFC), an arm of World Bank, has reportedly rejected proposed solar tripartite Energy Purchase Agreement (EPA), particularly the mark up rates; well informed sources told Business Recorder. As the largest glo
Published 14 Jun, 2018 12:00am
Rare advance deals: India sells new season cotton crop to China
Cotton

Rare advance deals: India sells new season cotton crop to China

India''s cotton exporters have signed contracts to ship 500,000 bales (85,000 tonnes) of their new season harvest to China as the world''s biggest consumer of the fibre looks to raise its imports in the next crop year, industry officials told Reuters. Exp
Published 14 Jun, 2018 12:00am
Rare advance deals: India sells new season cotton crop to China
Cotton

Rare advance deals: India sells new season cotton crop to China

India's cotton exporters have signed contracts to ship 500,000 bales (85,000 tonnes) of their new season harvest to China as the world's biggest consumer of the fibre looks to raise its imports in the next crop year, industry officials told Reuters. Expor
Published 14 Jun, 2018 12:00am
Rare advance deals: India sells new season cotton crop to China
Cotton

Rare advance deals: India sells new season cotton crop to China

India's cotton exporters have signed contracts to ship 500,000 bales (85,000 tonnes) of their new season harvest to China as the world's biggest consumer of the fibre looks to raise its imports in the next crop year, industry officials told Reuters. Expor
Published 14 Jun, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (June 13, 2018).

Published 14 Jun, 2018 12:00am
BRIndex100 snaps losing streak
Mutual Funds

BRIndex100 snaps losing streak

Pakistan Stock Exchange Wednesday witnessed a positive trend on the back of fresh buying in various sectors on available attractive levels. BRIndex100 gained 35.68 points or 0.77 percent to close at 4,662.40 points. BRIndex100 touched intraday high of 4,6
Published 14 Jun, 2018 12:00am
BRIndex100 snaps losing streak
Mutual Funds

BRIndex100 snaps losing streak

Pakistan Stock Exchange Wednesday witnessed a positive trend on the back of fresh buying in various sectors on available attractive levels. BRIndex100 gained 35.68 points or 0.77 percent to close at 4,662.40 points. BRIndex100 touched intraday high of 4,6
Published 14 Jun, 2018 12:00am
BRIndex100 snaps losing streak
Mutual Funds

BRIndex100 snaps losing streak

Pakistan Stock Exchange Wednesday witnessed a positive trend on the back of fresh buying in various sectors on available attractive levels. BRIndex100 gained 35.68 points or 0.77 percent to close at 4,662.40 points. BRIndex100 touched intraday high of 4,6
Published 14 Jun, 2018 12:00am
Trump, Iran spar over oil prices ahead of Opec meeting

Trump, Iran spar over oil prices ahead of Opec meeting

US President Donald Trump and Iran exchanged sharp words over oil prices on Wednesday, with Trump blaming Opec for high oil prices and Tehran accusing him of stoking volatility after he withdrew last month from a global nuclear arms deal with Iran. Trump
Published 14 Jun, 2018 12:00am
Trump, Iran spar over oil prices ahead of Opec meeting

Trump, Iran spar over oil prices ahead of Opec meeting

US President Donald Trump and Iran exchanged sharp words over oil prices on Wednesday, with Trump blaming Opec for high oil prices and Tehran accusing him of stoking volatility after he withdrew last month from a global nuclear arms deal with Iran. Trump
Published 14 Jun, 2018 12:00am
Trump, Iran spar over oil prices ahead of Opec meeting

Trump, Iran spar over oil prices ahead of Opec meeting

US President Donald Trump and Iran exchanged sharp words over oil prices on Wednesday, with Trump blaming Opec for high oil prices and Tehran accusing him of stoking volatility after he withdrew last month from a global nuclear arms deal with Iran. Trump
Published 14 Jun, 2018 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 14 Jun, 2018 12:00am
Energy, water sectors: $565 million agreements signed with World Bank

Energy, water sectors: $565 million agreements signed with World Bank

The Secretary, Economic Affairs Division (EAD) signed the following agreements worth $565 million with the World Bank to support the projects in energy and water sectors: National Transmission Modernization (Phase-I) Project of US$425 million: The objecti
Published 14 Jun, 2018 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 14 Jun, 2018 12:00am
Energy, water sectors: $565 million agreements signed with World Bank

Energy, water sectors: $565 million agreements signed with World Bank

The Secretary, Economic Affairs Division (EAD) signed the following agreements worth $565 million with the World Bank to support the projects in energy and water sectors: National Transmission Modernization (Phase-I) Project of US$425 million: The objecti
Published 14 Jun, 2018 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 14 Jun, 2018 12:00am
Energy, water sectors: $565 million agreements signed with World Bank

Energy, water sectors: $565 million agreements signed with World Bank

The Secretary, Economic Affairs Division (EAD) signed the following agreements worth $565 million with the World Bank to support the projects in energy and water sectors: National Transmission Modernization (Phase-I) Project of US$425 million: The objecti
Published 14 Jun, 2018 12:00am
NPFs of IBI recorded at 2.8 percent by March-end

NPFs of IBI recorded at 2.8 percent by March-end

Non-Performing Finances (NPFs) of the Islamic Banking Industry were recorded at 2.8 percent by end of March 2018 down from 3 percent in December 2017. According to State Bank of Pakistan (SBP), asset quality indicators of Islamic Banking Industry, includi
Published 14 Jun, 2018 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 14 Jun, 2018 12:00am
NPFs of IBI recorded at 2.8 percent by March-end

NPFs of IBI recorded at 2.8 percent by March-end

Non-Performing Finances (NPFs) of the Islamic Banking Industry were recorded at 2.8 percent by end of March 2018 down from 3 percent in December 2017. According to State Bank of Pakistan (SBP), asset quality indicators of Islamic Banking Industry, includi
Published 14 Jun, 2018 12:00am
NPFs of IBI recorded at 2.8 percent by March-end

NPFs of IBI recorded at 2.8 percent by March-end

Non-Performing Finances (NPFs) of the Islamic Banking Industry were recorded at 2.8 percent by end of March 2018 down from 3 percent in December 2017. According to State Bank of Pakistan (SBP), asset quality indicators of Islamic Banking Industry, includi
Published 14 Jun, 2018 12:00am
Special court president & judge notified

Special court president & judge notified

The federal government has notified Chief Justice of Lahore High Court Muhammad Yawar Ali as President and Justice Nazar Akbar as judge of the Special Court. Secretary Ministry of Law and Justice Karamat Hussain Niazi on Wednesday issued notification for
Published 14 Jun, 2018 12:00am
Special court president & judge notified

Special court president & judge notified

The federal government has notified Chief Justice of Lahore High Court Muhammad Yawar Ali as President and Justice Nazar Akbar as judge of the Special Court. Secretary Ministry of Law and Justice Karamat Hussain Niazi on Wednesday issued notification for
Published 14 Jun, 2018 12:00am
SC never allowed Musharraf to go abroad: CJ

SC never allowed Musharraf to go abroad: CJ

Supreme Court here on Wednesday made it clear that it never allowed Musharraf to go abroad and said the decision in this regard was interpreted wrongly. "The SC did not grant permission to Musharraf to travel abroad," the CJP added. "This permission was g
Published 14 Jun, 2018 12:00am
SC never allowed Musharraf to go abroad: CJ

SC never allowed Musharraf to go abroad: CJ

Supreme Court here on Wednesday made it clear that it never allowed Musharraf to go abroad and said the decision in this regard was interpreted wrongly. "The SC did not grant permission to Musharraf to travel abroad," the CJP added. "This permission was g
Published 14 Jun, 2018 12:00am
Fed lifts rates amid stronger inflation, drops crisis-era guidance

Fed lifts rates amid stronger inflation, drops crisis-era guidance

The Federal Reserve raised interest rates on Wednesday, a move that was widely expected but still marked a milestone in the US central bank''s shift from policies used to battle the 2007-2009 financial crisis and recession. In raising its benchmark overni
Published 14 Jun, 2018 12:00am
Fed lifts rates amid stronger inflation, drops crisis-era guidance

Fed lifts rates amid stronger inflation, drops crisis-era guidance

The Federal Reserve raised interest rates on Wednesday, a move that was widely expected but still marked a milestone in the US central bank's shift from policies used to battle the 2007-2009 financial crisis and recession. In raising its benchmark overnig
Published 14 Jun, 2018 12:00am
Fed lifts rates amid stronger inflation, drops crisis-era guidance

Fed lifts rates amid stronger inflation, drops crisis-era guidance

The Federal Reserve raised interest rates on Wednesday, a move that was widely expected but still marked a milestone in the US central bank's shift from policies used to battle the 2007-2009 financial crisis and recession. In raising its benchmark overnig
Published 14 Jun, 2018 12:00am
Elections: cabinet approves replacement of top provincial bureaucrats

Elections: cabinet approves replacement of top provincial bureaucrats

The federal cabinet has approved replacement of provincial chief secretaries and inspector generals of police after taking on board the Election Commission of Pakistan (ECP) and provincial chief ministers for the upcoming general elections in the country.
Published 14 Jun, 2018 12:00am
Elections: cabinet approves replacement of top provincial bureaucrats

Elections: cabinet approves replacement of top provincial bureaucrats

The federal cabinet has approved replacement of provincial chief secretaries and inspector generals of police after taking on board the Election Commission of Pakistan (ECP) and provincial chief ministers for the upcoming general elections in the country.
Published 14 Jun, 2018 12:00am