News Archives for Print - 2018-06-22

Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (June 21, 2018).

Published 22 Jun, 2018 12:00am

Xi denounces 'protectionism, isolationism and populism'

Chinese President Xi Jinping Thursday lambasted "protectionism, isolationism and populism" and again vowed to open up Asia's largest economy, as Beijing faces an escalating trade dispute with the United States. Xi told a gathering of foreign business exec

Published 22 Jun, 2018 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (June 21, 2018).

Published 22 Jun, 2018 12:00am

Xi denounces 'protectionism, isolationism and populism'

Chinese President Xi Jinping Thursday lambasted "protectionism, isolationism and populism" and again vowed to open up Asia's largest economy, as Beijing faces an escalating trade dispute with the United States. Xi told a gathering of foreign business exec

Published 22 Jun, 2018 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (June 21, 2018).

Published 22 Jun, 2018 12:00am

Discos'' technical losses stand at Rs 56 billion in July-May: Senate panel told

The Power Division has stated that technical losses of distribution companies were Rs 56 billion during July-May of the current fiscal year and the only solution to losses is to focus on transmission and distribution system. A subcommittee meeting of the

Published 22 Jun, 2018 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Thursday (June 21, 2018).

Published 22 Jun, 2018 12:00am

Discos' technical losses stand at Rs 56 billion in July-May: Senate panel told

The Power Division has stated that technical losses of distribution companies were Rs 56 billion during July-May of the current fiscal year and the only solution to losses is to focus on transmission and distribution system. A subcommittee meeting of the

Published 22 Jun, 2018 12:00am

Kerb

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Thursday (June 21, 2018).

Published 22 Jun, 2018 12:00am

Discos' technical losses stand at Rs 56 billion in July-May: Senate panel told

The Power Division has stated that technical losses of distribution companies were Rs 56 billion during July-May of the current fiscal year and the only solution to losses is to focus on transmission and distribution system. A subcommittee meeting of the

Published 22 Jun, 2018 12:00am

Currency

THE RUPEE: minor changes after negative outlook

Little changes were witnessed on the local money market on Thursday following the Moody's negative rating, dealers said. The rupee shed two paisas in terms of the dollar for buying and selling at Rs 121.48 and Rs 121.52 respectively, they said.

Published 22 Jun, 2018 12:00am

Intel CEO resigns after probe into relationship with employee

Intel Corp Chief Executive Brian Krzanich resigned on Thursday after a probe found his consensual relationship with an employee violated company policy. The head of the largest US chipmaker is the latest in a line of powerful men in business and politics

Published 22 Jun, 2018 12:00am

Currency

THE RUPEE: minor changes after negative outlook

Little changes were witnessed on the local money market on Thursday following the Moody's negative rating, dealers said. The rupee shed two paisas in terms of the dollar for buying and selling at Rs 121.48 and Rs 121.52 respectively, they said.

Published 22 Jun, 2018 12:00am

Intel CEO resigns after probe into relationship with employee

Intel Corp Chief Executive Brian Krzanich resigned on Thursday after a probe found his consensual relationship with an employee violated company policy. The head of the largest US chipmaker is the latest in a line of powerful men in business and politics

Published 22 Jun, 2018 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (June 21, 2018).

Published 22 Jun, 2018 12:00am

Intel CEO resigns after probe into relationship with employee

Intel Corp Chief Executive Brian Krzanich resigned on Thursday after a probe found his consensual relationship with an employee violated company policy. The head of the largest US chipmaker is the latest in a line of powerful men in business and politics

Published 22 Jun, 2018 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (June 21, 2018).

Published 22 Jun, 2018 12:00am

Forex reserves up $341 million

The country''s total liquid foreign exchange reserves posted an increase of $341 million during last week due to arrival of official inflows. According to weekly report issued by the State Bank of Pakistan (SBP) Thursday, the country''s total liquid forex

Published 22 Jun, 2018 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (June 21, 2018).

Published 22 Jun, 2018 12:00am

Forex reserves up $341 million

The country's total liquid foreign exchange reserves posted an increase of $341 million during last week due to arrival of official inflows. According to weekly report issued by the State Bank of Pakistan (SBP) Thursday, the country's total liquid forex r

Published 22 Jun, 2018 12:00am

Cross Transactions between Client to Client & Financial Institutions

The following were the cross transactions between client to client & financial institutions here on Thursday (June 21, 2018).

Published 22 Jun, 2018 12:00am

Forex reserves up $341 million

The country's total liquid foreign exchange reserves posted an increase of $341 million during last week due to arrival of official inflows. According to weekly report issued by the State Bank of Pakistan (SBP) Thursday, the country's total liquid forex r

Published 22 Jun, 2018 12:00am

Member to Member

The following transactions member to member subsequently reported on Thursday (June 21, 2018).

Published 22 Jun, 2018 12:00am

ST relief package: SRB extends deadline for availing of benefits

Sindh Revenue Board (SRB) has extended the last date for availing benefits of Sindh Sales Tax Relief Package (SSTRP) for a period up to June 30, 2018. According to SRB, the SSTRP, announced by the board with the approval of the Sindh government under SRB-

Published 22 Jun, 2018 12:00am

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Thursday (June 21, 2018)

Published 22 Jun, 2018 12:00am

ST relief package: SRB extends deadline for availing of benefits

Sindh Revenue Board (SRB) has extended the last date for availing benefits of Sindh Sales Tax Relief Package (SSTRP) for a period up to June 30, 2018. According to SRB, the SSTRP, announced by the board with the approval of the Sindh government under SRB-

Published 22 Jun, 2018 12:00am

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Thursday (June 21, 2018)

Published 22 Jun, 2018 12:00am

ST relief package: SRB extends deadline for availing of benefits

Sindh Revenue Board (SRB) has extended the last date for availing benefits of Sindh Sales Tax Relief Package (SSTRP) for a period up to June 30, 2018. According to SRB, the SSTRP, announced by the board with the approval of the Sindh government under SRB-

Published 22 Jun, 2018 12:00am

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Thursday (June 21, 2018)

Published 22 Jun, 2018 12:00am

Moon arrives in Russia for talks with Putin

South Korean President Moon Jae-in arrived in Russia Thursday ahead of talks with his Russian counterpart Vladimir Putin, which are expected to focus on economic cooperation and the situation in North Korea.

Published 22 Jun, 2018 12:00am

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

National Clearing Company declares daily settlement information for local & foreign investors on Thursday (June 21, 2018).

Published 22 Jun, 2018 12:00am

Currency

Doubts emerge over Franco-German eurozone reforms

Opposition emerged Thursday to a Franco-German plan to create a special eurozone budget, with fears that the idea was unnecessary and could create a "two-speed" Europe. At a meeting in Luxembourg, European Union finance ministers were set to discuss a raf

Published 22 Jun, 2018 12:00am

BRIndex100 and BR Sectoral Indices

BRIndex100 and BR Sectoral Indices on Thursday (June 21, 2018).

Published 22 Jun, 2018 12:00am

Gambian police chief quits after protesters' deaths

The Gambia's police chief resigned on Thursday over the deaths of three young men after police fired on marchers at an anti-pollution protest. "The inspector general of police, Landing Kinteh, has tendered his resignation and it has been approved by Presi

Published 22 Jun, 2018 12:00am

Presentation at P.S.X. Auditorium

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

Published 22 Jun, 2018 12:00am

Romania ruling party chief handed jail term

Romania's high court on Thursday sentenced the leader of the ruling left-wing Social Democrat party (PSD), Liviu Dragnea, to three-and-a-half years in prison over a fake jobs scandal. The court's decision can be appealed but is expected to weaken his abil

Published 22 Jun, 2018 12:00am

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 22 Jun, 2018 12:00am

Baghdad mall apologises for barring war orphans

A luxury mall in the Iraqi capital has apologised for denying entry to a group of war orphans in what would have been a rare treat for the Eid-ul-Fitr religious holiday. "There was a misunderstanding on the part of an employee. I apologise because there i

Published 22 Jun, 2018 12:00am

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 22 Jun, 2018 12:00am

DR Congo 'losing $15bn' each year from graft

Corruption costs the Democratic Republic of Congo (DRC) at least $15 billion each year, or around three times its annual budget, according to President Joseph Kabila's anti-graft advisor. "It's an open secret that corruption exists and it is seriously eat

Published 22 Jun, 2018 12:00am

Last date of renunciation/payment

Last dates of renunciation/payment.

Published 22 Jun, 2018 12:00am

Taiwan passes controversial bill cutting veterans' pensions

aiwan's military veterans will see their pensions cut as soon as next month after parliament passed a controversial bill that had sparked violent demonstrations. Wednesday's vote marks a victory for President Tsai Ing-wen, whose attempts to make sweeping

Published 22 Jun, 2018 12:00am

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 22 Jun, 2018 12:00am

Over 100 millions voters to exercise votes' rights in polls: ECP

Election Commission of Pakistan (ECP) on Thursday said that the total registered voters in the country had reached the figure of 105,955,409 with 59,224,263 male and 46,731,146 female voters. According to final electoral rolls-2018 shared by the ECP, out

Published 22 Jun, 2018 12:00am

Clearing Schedule for T+2 System

Pakistan Stock Exchange's Clearing Schedule for T+2 System.

Published 22 Jun, 2018 12:00am

CDC to facilitate transfer of book entry securities

The Central Depository Company of Pakistan Limited (CDC) will facilitate Transfer of Book Entry Securities in the Central Depository System against declaration of assets under Government of Pakistan''s Tax Amnesty Scheme by way of the Voluntary Declaratio

Published 22 Jun, 2018 12:00am

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 22 Jun, 2018 12:00am

CDC to facilitate transfer of book entry securities

The Central Depository Company of Pakistan Limited (CDC) will facilitate Transfer of Book Entry Securities in the Central Depository System against declaration of assets under Government of Pakistan's Tax Amnesty Scheme by way of the Voluntary Declaration

Published 22 Jun, 2018 12:00am

EFU TAKAFUL AGGRESSIVE FUND RATES

EFU Takaful Aggressive Fund Rates on Thursday (June 21, 2018).

Published 22 Jun, 2018 12:00am

CDC to facilitate transfer of book entry securities

The Central Depository Company of Pakistan Limited (CDC) will facilitate Transfer of Book Entry Securities in the Central Depository System against declaration of assets under Government of Pakistan's Tax Amnesty Scheme by way of the Voluntary Declaration

Published 22 Jun, 2018 12:00am

EFU TAKAFUL AGGRESSIVE FUND RATES

EFU Takaful Aggressive Fund Rates on Thursday (June 21, 2018).

Published 22 Jun, 2018 12:00am

Currency

Amnesty scheme: Tax payment procedure further eased

The State Bank of Pakistan (SBP) has further eased the tax payment procedure under the amnesty scheme to facilitate the prospective declarants. Earlier, a detailed procedure for payment and deposit of tax in US dollars and repatriation of liquid assets in

Published 22 Jun, 2018 12:00am

EFU TAKAFUL AGGRESSIVE FUND RATES

EFU Takaful Aggressive Fund Rates on Thursday (June 21, 2018).

Published 22 Jun, 2018 12:00am

Currency

Amnesty scheme: Tax payment procedure further eased

The State Bank of Pakistan (SBP) has further eased the tax payment procedure under the amnesty scheme to facilitate the prospective declarants. Earlier, a detailed procedure for payment and deposit of tax in US dollars and repatriation of liquid assets in

Published 22 Jun, 2018 12:00am

EFU TAKAFUL GROWTH FUND RATES

EFU Takaful Growth Fund Rates on Thursday (June 21, 2018).

Published 22 Jun, 2018 12:00am

Currency

Amnesty scheme: Tax payment procedure further eased

The State Bank of Pakistan (SBP) has further eased the tax payment procedure under the amnesty scheme to facilitate the prospective declarants. Earlier, a detailed procedure for payment and deposit of tax in US dollars and repatriation of liquid assets in

Published 22 Jun, 2018 12:00am

EFU TAKAFUL GROWTH FUND RATES

EFU Takaful Growth Fund Rates on Thursday (June 21, 2018).

Published 22 Jun, 2018 12:00am

Currency

Amnesty scheme: Tax payment procedure further eased

The State Bank of Pakistan (SBP) has further eased the tax payment procedure under the amnesty scheme to facilitate the prospective declarants. Earlier, a detailed procedure for payment and deposit of tax in US dollars and repatriation of liquid assets in

Published 22 Jun, 2018 12:00am

EFU TAKAFUL GROWTH FUND RATES

EFU Takaful Growth Fund Rates on Thursday (June 21, 2018).

Published 22 Jun, 2018 12:00am

Legendary Marker dies

Veteran diplomat and one of the pioneers of cricket commentary in the country, Jamsheed Marker passed away here on Thursday at the age of 95. Marker holding the honour of being the world's longest serving envoy represented his country as ambassador to 10

Published 22 Jun, 2018 12:00am

EFU AGGRESSIVE FUND RATES

EFU Aggressive Fund Rates on Thursday (June 21, 2018).

Published 22 Jun, 2018 12:00am

Legendary Marker dies

Veteran diplomat and one of the pioneers of cricket commentary in the country, Jamsheed Marker passed away here on Thursday at the age of 95. Marker holding the honour of being the world's longest serving envoy represented his country as ambassador to 10

Published 22 Jun, 2018 12:00am

EFU AGGRESSIVE FUND RATES

EFU Aggressive Fund Rates on Thursday (June 21, 2018).

Published 22 Jun, 2018 12:00am

Procedural/legal changes: FBR issues budget notifications on GST levy

The Federal Board of Revenue (FBR) has issued sales tax notifications to implement budgetary measures and procedural/legal changes pertaining to sales tax from July 1, 2018. Through SRO 777(1)/2018 issued here on Thursday by the FBR, the rate of sales tax

Published 22 Jun, 2018 12:00am

EFU AGGRESSIVE FUND RATES

EFU Aggressive Fund Rates on Thursday (June 21, 2018).

Published 22 Jun, 2018 12:00am

Procedural/legal changes: FBR issues budget notifications on GST levy

The Federal Board of Revenue (FBR) has issued sales tax notifications to implement budgetary measures and procedural/legal changes pertaining to sales tax from July 1, 2018. Through SRO 777(1)/2018 issued here on Thursday by the FBR, the rate of sales tax

Published 22 Jun, 2018 12:00am

EFU GUARANTEED GROWTH FUND RATES

EFU Guaranteed Growth Fund Rates on Thursday (June 21, 2018).

Published 22 Jun, 2018 12:00am

Procedural/legal changes: FBR issues budget notifications on GST levy

The Federal Board of Revenue (FBR) has issued sales tax notifications to implement budgetary measures and procedural/legal changes pertaining to sales tax from July 1, 2018. Through SRO 777(1)/2018 issued here on Thursday by the FBR, the rate of sales tax

Published 22 Jun, 2018 12:00am

EFU GUARANTEED GROWTH FUND RATES

EFU Guaranteed Growth Fund Rates on Thursday (June 21, 2018).

Published 22 Jun, 2018 12:00am

Mutual Funds

BRIndex100 edges down

A bearish trend continued on Pakistan Stock Exchange due to heavy selling in almost all sectors. BRIndex100 lost 70.78 points or 1.54 percent to close at 4,539.99 points Thursday. BRIndex100 touched intraday high of 4,611.98 and intraday low of 4,532.48 p

Published 22 Jun, 2018 12:00am

EFU GUARANTEED GROWTH FUND RATES

EFU Guaranteed Growth Fund Rates on Thursday (June 21, 2018).

Published 22 Jun, 2018 12:00am

Mutual Funds

BRIndex100 edges down

A bearish trend continued on Pakistan Stock Exchange due to heavy selling in almost all sectors. BRIndex100 lost 70.78 points or 1.54 percent to close at 4,539.99 points Thursday. BRIndex100 touched intraday high of 4,611.98 and intraday low of 4,532.48 p

Published 22 Jun, 2018 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Thursday (June 21, 2018).

Published 22 Jun, 2018 12:00am

Mutual Funds

BRIndex100 edges down

A bearish trend continued on Pakistan Stock Exchange due to heavy selling in almost all sectors. BRIndex100 lost 70.78 points or 1.54 percent to close at 4,539.99 points Thursday. BRIndex100 touched intraday high of 4,611.98 and intraday low of 4,532.48 p

Published 22 Jun, 2018 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Thursday (June 21, 2018).

Published 22 Jun, 2018 12:00am

Barrister Khalid made new AGP

Barrister Khalid Jawed Khan has been appointed as new Attorney General for Pakistan (AGP), a day after his predecessor Ashtar Ausaf called it a day. Acting President of Pakistan, Muhammad Sadiq Sanjrani on Thursday accepted the resignation of Attorney Gen

Published 22 Jun, 2018 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Thursday (June 21, 2018).

Published 22 Jun, 2018 12:00am

Barrister Khalid made new AGP

Barrister Khalid Jawed Khan has been appointed as new Attorney General for Pakistan (AGP), a day after his predecessor Ashtar Ausaf called it a day. Acting President of Pakistan, Muhammad Sadiq Sanjrani on Thursday accepted the resignation of Attorney Gen

Published 22 Jun, 2018 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Thursday (June 21, 2018).

Published 22 Jun, 2018 12:00am

Mulk, Raza discuss arrangements

Caretaker Prime Minister former Justice Nasir-ul-Mulk on Thursday discussed and reviewed the measures taken by Election Commission of Pakistan (ECP) for holding of free, fair and transparent general election on July 25. The caretaker prime minister during

Published 22 Jun, 2018 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Thursday (June 21, 2018).

Published 22 Jun, 2018 12:00am

Mulk, Raza discuss arrangements

Caretaker Prime Minister former Justice Nasir-ul-Mulk on Thursday discussed and reviewed the measures taken by Election Commission of Pakistan (ECP) for holding of free, fair and transparent general election on July 25. The caretaker prime minister during

Published 22 Jun, 2018 12:00am

Currency	Rate
USD PKR Interbank Selling / Oct 25	277.66
USD PKR Interbank Buying / Oct 25	277.46
USD to Japanese Yen / Oct 25	151.97
USD to Swiss Franc / Oct 25	0.87
Pound Sterling to USD / Oct 25	1.30
Euro to USD / Oct 25	1.08

Stock	Volume
S&P 500 / Oct 24	5,809.86
Nasdaq / Oct 24	18,415.49
Dow Jones / Oct 24	42,374.36
India Sensex / Oct 25	79,759.04
Tokyo Nikkei / Oct 25	37,913.92
Hang Seng / Oct 25	20,590.15
FTSE 100 / Oct 25	8,258.52
Germany DAX 30 / Oct 25	19,428.65

Item	Value
Karachi Cotton PKR/37.32 KG / Oct 24	18,085
Petrol/Litre / Oct 25	247.03
Crude Oil USD/Barrel / Oct 25	70.27
Gold 10 Grams PKR / Oct 25	242,027
Gold Spot USD/Ounce / Oct 25	2,718.75
Diesel/Litre / Oct 25	251.29

Stock	Price
786 Invest Ltd / Oct 25 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 25 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 25 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 25 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 25 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 25 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 25 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 25 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 25 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 25 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 25 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 25 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 25 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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