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Print - 2018-09-07
Three fertilizer plants being Operationalised

Three fertilizer plants being Operationalised

The fertilizer sector Thursday held a meeting with Prime Minister's Advisor on Commerce, Textile, Industries and Production Razzak Dawood and discussed issues raised in the recent meeting of the ECC. One of the participants told Business Recorder t
Published 07 Sep, 2018 12:00am
Chinese FM due today

Chinese FM due today

Chinese Foreign Minister Wang Yi will arrive here on a three-day visit today (Friday) to hold talks with the country's new leadership on all issues of mutual interests.
Published 07 Sep, 2018 12:00am
Chinese FM due today

Chinese FM due today

Chinese Foreign Minister Wang Yi will arrive here on a three-day visit today (Friday) to hold talks with the country's new leadership on all issues of mutual interests.
Published 07 Sep, 2018 12:00am
NAB files reference against Gilani, others

NAB files reference against Gilani, others

The National Accountability Bureau (NAB) on Thursday filed a corruption reference against former Prime Minister Syed Yousaf Raza Gilani and others in the Accountability Court for alleged misuse of authority, causing a loss of Rs 128 million to the nationa
Published 07 Sep, 2018 12:00am
The Weather

The Weather

The weather report on Thursday (September 06, 2018) and the forecast for Friday (September 07, 2018).

Published 07 Sep, 2018 12:00am
NAB files reference against Gilani, others

NAB files reference against Gilani, others

The National Accountability Bureau (NAB) on Thursday filed a corruption reference against former Prime Minister Syed Yousaf Raza Gilani and others in the Accountability Court for alleged misuse of authority, causing a loss of Rs 128 million to the nationa
Published 07 Sep, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (September 06, 2018).

Published 07 Sep, 2018 12:00am
FBR reform programme: WB mission coming to review progress

FBR reform programme: WB mission coming to review progress

A World Bank mission is coming to Pakistan during September-October 2018 to review the progress on the implementation of the reform programme of the Federal Board of Revenue (FBR) under tax component of the Trust Fund for Accelerated Growth and Revenue (T
Published 07 Sep, 2018 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 07 Sep, 2018 12:00am
FBR reform programme: WB mission coming to review progress

FBR reform programme: WB mission coming to review progress

A World Bank mission is coming to Pakistan during September-October 2018 to review the progress on the implementation of the reform programme of the Federal Board of Revenue (FBR) under tax component of the Trust Fund for Accelerated Growth and Revenue (T
Published 07 Sep, 2018 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 07 Sep, 2018 12:00am
FBR reform programme: WB mission coming to review progress

FBR reform programme: WB mission coming to review progress

A World Bank mission is coming to Pakistan during September-October 2018 to review the progress on the implementation of the reform programme of the Federal Board of Revenue (FBR) under tax component of the Trust Fund for Accelerated Growth and Revenue (T
Published 07 Sep, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (September 06, 2018).

Published 07 Sep, 2018 12:00am
Landmark India ruling ends gay sex ban

Landmark India ruling ends gay sex ban

India's Supreme Court on Thursday struck down a colonial-era law that made gay sex punishable by up to 10 years in prison, a landmark victory for gay rights that one judge said would "pave the way for a better future." The 1861 law, a relic of Victorian E
Published 07 Sep, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (September 06, 2018)

Published 07 Sep, 2018 12:00am
Landmark India ruling ends gay sex ban

Landmark India ruling ends gay sex ban

India's Supreme Court on Thursday struck down a colonial-era law that made gay sex punishable by up to 10 years in prison, a landmark victory for gay rights that one judge said would "pave the way for a better future." The 1861 law, a relic of Victorian E
Published 07 Sep, 2018 12:00am
CJ asks how to bring Dar back?

CJ asks how to bring Dar back?

The Supreme Court on Thursday directed Ministries of Interior and Foreign Affairs as well as National Accountability Bureau (NAB) to prepare a mechanism for bringing back former Finance Minister Ishaq Dar from the United Kingdom.
Published 07 Sep, 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 Thursday (September 06, 2018).

Published 07 Sep, 2018 12:00am
CJ asks how to bring Dar back?

CJ asks how to bring Dar back?

The Supreme Court on Thursday directed Ministries of Interior and Foreign Affairs as well as National Accountability Bureau (NAB) to prepare a mechanism for bringing back former Finance Minister Ishaq Dar from the United Kingdom.
Published 07 Sep, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (September 06, 2018).

Published 07 Sep, 2018 12:00am
There's no civil-military divide: PM

There's no civil-military divide: PM

Prime Minister Imran Khan has categorically said that Pakistan will neither fight anyone else's war, nor will it ever become part of such wars. Addressing the main ceremony of Defense and Martyrs Day here at General Headquarters (GHQ) on Thursday night, P
Published 07 Sep, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (September 06, 2018).

Published 07 Sep, 2018 12:00am
There's no civil-military divide: PM

There's no civil-military divide: PM

Prime Minister Imran Khan has categorically said that Pakistan will neither fight anyone else's war, nor will it ever become part of such wars. Addressing the main ceremony of Defense and Martyrs Day here at General Headquarters (GHQ) on Thursday night, P
Published 07 Sep, 2018 12:00am
BRIndex100 depressed

BRIndex100 depressed

Pakistan Stock Exchange Thursday remained under pressure due to selling in various sectors. BRIndex100 lost 40.52 points or 0.9 percent to close at 4,438.14 points. BRIndex-100 touched intraday high of 4,490.95 and intraday low of 4,431.28 points. Volumes
Published 07 Sep, 2018 12:00am
BRIndex100 depressed

BRIndex100 depressed

Pakistan Stock Exchange Thursday remained under pressure due to selling in various sectors. BRIndex100 lost 40.52 points or 0.9 percent to close at 4,438.14 points. BRIndex-100 touched intraday high of 4,490.95 and intraday low of 4,431.28 points. Volumes
Published 07 Sep, 2018 12:00am
THE RUPEE: mixed patterns
Currency

THE RUPEE: mixed patterns

The rupee moved both ways in relation to the dollar on the money market on Thursday in the process of trading, dealers said. The rupee managed to hold overnight levels versus the US currency for buying and selling at Rs 124.24 and Rs 124.25 respectively,
Published 07 Sep, 2018 12:00am
BRIndex100 depressed

BRIndex100 depressed

Pakistan Stock Exchange Thursday remained under pressure due to selling in various sectors. BRIndex100 lost 40.52 points or 0.9 percent to close at 4,438.14 points. BRIndex-100 touched intraday high of 4,490.95 and intraday low of 4,431.28 points. Volumes
Published 07 Sep, 2018 12:00am
THE RUPEE: mixed patterns
Currency

THE RUPEE: mixed patterns

The rupee moved both ways in relation to the dollar on the money market on Thursday in the process of trading, dealers said. The rupee managed to hold overnight levels versus the US currency for buying and selling at Rs 124.24 and Rs 124.25 respectively,
Published 07 Sep, 2018 12:00am
US to help nations replace Iran oil, may consider waivers

US to help nations replace Iran oil, may consider waivers

Washington will consider waivers for Iranian oil buyers such as India but they must eventually halt imports as sanctions are imposed on Tehran, US Secretary of State Mike Pompeo said on Thursday.
Published 07 Sep, 2018 12:00am
US to help nations replace Iran oil, may consider waivers

US to help nations replace Iran oil, may consider waivers

Washington will consider waivers for Iranian oil buyers such as India but they must eventually halt imports as sanctions are imposed on Tehran, US Secretary of State Mike Pompeo said on Thursday.
Published 07 Sep, 2018 12:00am
US to help nations replace Iran oil, may consider waivers

US to help nations replace Iran oil, may consider waivers

Washington will consider waivers for Iranian oil buyers such as India but they must eventually halt imports as sanctions are imposed on Tehran, US Secretary of State Mike Pompeo said on Thursday.
Published 07 Sep, 2018 12:00am
US, India announce military drills, tout partnership

US, India announce military drills, tout partnership

Top Indian and US officials on Thursday touted deepening ties that will see greater cooperation between the two countries' militaries - and will likely result in India buying more American arms. The US has gone to great lengths to forge a closer bond with
Published 07 Sep, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (September 06, 2018).

Published 07 Sep, 2018 12:00am
US, India announce military drills, tout partnership

US, India announce military drills, tout partnership

Top Indian and US officials on Thursday touted deepening ties that will see greater cooperation between the two countries' militaries - and will likely result in India buying more American arms. The US has gone to great lengths to forge a closer bond with
Published 07 Sep, 2018 12:00am
Railways hamstrung by ever-rising pension challenge

Railways hamstrung by ever-rising pension challenge

The Economic Coordination Committee (ECC) of the Cabinet may consider approval of one-time funding for Pakistan Railways aiming to set up a ''Fund'' aimed at taking care of pension liabilities of its retired and retiring employees.
Published 07 Sep, 2018 12:00am
Railways hamstrung by ever-rising pension challenge

Railways hamstrung by ever-rising pension challenge

The Economic Coordination Committee (ECC) of the Cabinet may consider approval of one-time funding for Pakistan Railways aiming to set up a 'Fund' aimed at taking care of pension liabilities of its retired and retiring employees.
Published 07 Sep, 2018 12:00am
Railways hamstrung by ever-rising pension challenge

Railways hamstrung by ever-rising pension challenge

The Economic Coordination Committee (ECC) of the Cabinet may consider approval of one-time funding for Pakistan Railways aiming to set up a 'Fund' aimed at taking care of pension liabilities of its retired and retiring employees.
Published 07 Sep, 2018 12:00am
Pompeo retracts IMF bailout statement?

Pompeo retracts IMF bailout statement?

US Secretary of State Mike Pompeo in his visit to the country explained his earlier statement with regard to possible bailout package of International Monetary Fund (IMF) for Pakistan.
Published 07 Sep, 2018 12:00am
Pompeo retracts IMF bailout statement?

Pompeo retracts IMF bailout statement?

US Secretary of State Mike Pompeo in his visit to the country explained his earlier statement with regard to possible bailout package of International Monetary Fund (IMF) for Pakistan.
Published 07 Sep, 2018 12:00am
BOARD MEETINGS
Cotton

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 07 Sep, 2018 12:00am
EAC for tougher measures

EAC for tougher measures

The Economic Advisory Council (EAC) has reportedly recommended to the government to take ''tough economic decisions'' to deal with the economic challenges irrespective of political cost and withdraw subsidies as well as tax relief to higher income slabs.
Published 07 Sep, 2018 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Pakistan Stock Exchange.

Published 07 Sep, 2018 12:00am
EAC for tougher measures

EAC for tougher measures

The Economic Advisory Council (EAC) has reportedly recommended to the government to take 'tough economic decisions' to deal with the economic challenges irrespective of political cost and withdraw subsidies as well as tax relief to higher income slabs. So
Published 07 Sep, 2018 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 07 Sep, 2018 12:00am
EAC for tougher measures

EAC for tougher measures

The Economic Advisory Council (EAC) has reportedly recommended to the government to take 'tough economic decisions' to deal with the economic challenges irrespective of political cost and withdraw subsidies as well as tax relief to higher income slabs. So
Published 07 Sep, 2018 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 07 Sep, 2018 12:00am
Short-covering by funds fuels copper rally
Currency

Short-covering by funds fuels copper rally

Copper prices rose on Thursday due to funds covering short positions and recent dollar weakness, but significant gains are unlikely due to an escalating trade dispute between the United States and China. Benchmark copper on the London Metal Exchange ended
Published 07 Sep, 2018 12:00am
Saudi crude exports to US jump

Saudi crude exports to US jump

US imports of crude oil from Saudi Arabia in August and September are poised to reach the highest two-month level since early 2017, as refiners take advantage of relatively cheaper prices, Thomson Reuters trade flow data show. Discounts for Saudi Arabia a
Published 07 Sep, 2018 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 07 Sep, 2018 12:00am
Crude pulls back on rising US fuel stockpiles

Crude pulls back on rising US fuel stockpiles

Crude futures reversed course, falling more 1 percent on Thursday after US data showed gasoline inventories rose unexpectedly last week, overshadowing a bullish drawdown in crude. The US crude inventories fell more than expected as refining runs increased
Published 07 Sep, 2018 12:00am
Tokyo rubber at near 1-1/2-month low

Tokyo rubber at near 1-1/2-month low

Benchmark Tokyo rubber futures extended declines for a fifth straight session and ended at a near 1-1/2 month low on Thursday amid ongoing worries over economic growth after US President Donald Trump threatened fresh tariffs on another $200 billion in Chi
Published 07 Sep, 2018 12:00am
Palm oil slides
Vegetable Oil

Palm oil slides

Malaysian palm oil futures fell for a second straight session on Thursday in its sharpest daily decline in a week on bearish production and inventory forecasts for August, while weakness in related edible oils also weighed. Palm oil end-stocks in August a
Published 07 Sep, 2018 12:00am
Raw sugar falls as short-covering spurt dries up, coffee eases
Currency

Raw sugar falls as short-covering spurt dries up, coffee eases

Raw sugar on ICE fell on Thursday for the first time in six sessions, after a short-covering rally petered out, while arabica coffee also dropped as the currency of top grower Brazil held near a three-year low against the US dollar. October raw sugar sett
Published 07 Sep, 2018 12:00am
Gold climbs in New York
Currency

Gold climbs in New York

Gold prices rose on Wednesday from an 11-day low as the US dollar eased from its recent rally. Gold has fallen 1.5 percent from an Aug. 28 high as currency weakness in emerging markets and concerns over global trade disputes strengthened the dollar, makin
Published 07 Sep, 2018 12:00am
Gold moves up in Asia

Gold moves up in Asia

Gold inched up on Thursday, supported by physical buying and as the dollar remained under pressure, but a weaker yuan amid worries of looming US tariffs on China capped the metal's gains. Spot gold was up 0.1 percent at $1,197.38 at 0649 GMT, after rising
Published 07 Sep, 2018 12:00am
Gold gains in Europe
Currency

Gold gains in Europe

Gold clawed higher on Thursday, propelled by a weaker dollar, short-covering and physical buying in Asia. Worries of new US trade tariffs on China, however, cast a cloud over the market. "The precious metals are witnessing a relief bounce, which coupled w
Published 07 Sep, 2018 12:00am
US MIDDAY: wheat falls

US MIDDAY: wheat falls

Chicago Board of Trade wheat futures fell for the third day in a row to their lowest in more than seven weeks on Wednesday on expectations that US supplies will continue to struggle to gain traction on the global export market, traders said. Corn futures
Published 07 Sep, 2018 12:00am
US MIDDAY: gold higher
Currency

US MIDDAY: gold higher

Gold clawed higher on Thursday, propelled by a weaker dollar, short-covering and physical buying in Asia. Worries about new US trade tariffs on China cast a cloud over the market, however. "We're seeing a little bit of a relief rally for the precious meta
Published 07 Sep, 2018 12:00am