News Archives for Print - 2018-10-02

Anti-encroachment drive of NHA progressing at rapid pace

As per directions of State Minister for Communications Murad Saeed, an anti-encroachment drive of National Highway Authority to clear its Right-of-Way (ROW) is progressing at a rapid pace.

Published 02 Oct, 2018 12:00am

'Over 83,000 cases of breast cancer reported annually'

"Breast cancer is one of the most dangerous cancers, and in Pakistan it is higher among the young women. It is estimated that each year more than 83,000 cases of breast cancer are reported in Pakistan. Nearly 40,000 women die, just due to the deadly disea

Published 02 Oct, 2018 12:00am

Budget worth Rs 8.356 billion for DIK presented

District Nazim DI Khan, Nawabzada Azizullah Alizai Monday presented 4th annual budget of the district government for fiscal year 2018-19 amounting Rs 8.356 billion and also got approved the revised budget for 2017-18 from District Council.

Published 02 Oct, 2018 12:00am

PSO receivables soar to Rs 336.2 billion, Senate body told

Receivables of Pakistan State Oil (PSO) have gone up to Rs 336.2 billion because of default of power sector in payments of Rs 272.6 billion.

Published 02 Oct, 2018 12:00am

Pakistan's economy moving in right direction: US investors

American businessmen have said that Pakistan's business climate is moving in the right direction but the pace of economic reforms should be accelerated. They have expressed the commitment to push for improved economic engagement between the two countries

Published 02 Oct, 2018 12:00am

Money laundering through fake Form-E unearthed

Model Customs Collectorate (MCC) Export, Karachi has unearthed money laundering through fake manual Form-E in rice exports. Two exporters namely M/s Imran Impex, Karachi and M/s First Way Link Traders, Karachi submitted manual Form-E and Goods Declaration

Published 02 Oct, 2018 12:00am

Notification for devising Karachi master plan to be issued soon, SWC told

Sindh Government will soon issue a notification for devising a Master Plan for Karachi after Sindh Water Commission (SWC) directed it to comply with the orders of Supreme Court of Pakistan. The assurance came when Sindh Water Commission (SWC) took up the

Published 02 Oct, 2018 12:00am

Notification for devising Karachi master plan to be issued soon, SWC told

Sindh Government will soon issue a notification for devising a Master Plan for Karachi after Sindh Water Commission (SWC) directed it to comply with the orders of Supreme Court of Pakistan. The assurance came when Sindh Water Commission (SWC) took up the

Published 02 Oct, 2018 12:00am

Non-filers will not go free: minister

Federal Minister for Maritime Affairs, Syed Ali Hyder Zaidi, has assured business community that the government will resolve all their problems on priority basis. "Federal government has to take difficult decisions under different situations," he said, pe

Published 02 Oct, 2018 12:00am

SHC seeks details of identical cases against Imran

Sindh High Court (SHC) on Monday sought the details of identical cases in various high courts regarding Prime Minister Imran Khan in response to a petition, seeking his disqualification as member of National Assembly for submitting a "false" declaration w

Published 02 Oct, 2018 12:00am

Cotton

Farmers asked to pluck cotton after 10 am

The Met Office on Monday asked the farmers to pluck cotton after 10 am to ensure a maximum output, saying that the crops irrigation plans should be in place keeping in view the dry spell in the next 10 days. It warned the growers of a dry weather with a m

Published 02 Oct, 2018 12:00am

Buzdar urged to take notice of unequal wheat release policy

The Pakistan Flour Mills Association (PFMA) Punjab has urged Chief Minister Punjab Usman Buzdar to take notice of unequal wheat release policy of the provincial food department and resolve this issue at the earliest.

Published 02 Oct, 2018 12:00am

Government directed to ban smoking in educational institutions

The Lahore High Court on Monday directed the government to get the ban on smoking implemented in public offices as well as educational institutions in its letter and spirit. The court summoned DG Social Welfare in person and also directed the Chief Secret

Published 02 Oct, 2018 12:00am

SECP cancels registration of 4,432 companies

The Securities and Exchange Commission of Pakistan (SECP) has cancelled registration of 4,432 inactive or non-operative companies during 2017-18. According to the latest SECP data, the Commission has disposed of 4,443 cases of dissolution of companies dur

Published 02 Oct, 2018 12:00am

Second LNG Terminal at Port Qasim: PD directed to probe under utilization charges paid to PGPCL

A parliamentary panel on Monday directed Petroleum Division to investigate the under utilization charges paid to PGP Consortium Limited (PGPCL) on the second LNG Terminal at Port Qasim. The Senate Standing Committee on Petroleum was informed that pursuant

Published 02 Oct, 2018 12:00am

Shabir Ahmed elected PBEA chairman

Leading industrialist Shabir Ahmed has been elected un-opposed chairman of Pakistan Bedwear Exporters Association (PBEA) for the year 2018-19. According to election result, Wasim Latif has been elected as senior vice chairman and Shoaib Majeed as vice cha

Published 02 Oct, 2018 12:00am

Second Pakistan Travel Mart 23 Malaysian organisations participating

Malaysia is bringing its food and cultural attractions to entice more Pakistani tourists to the country. The effort is being made during Tourism Malaysia's participation in the 2nd Pakistan Travel Mart (PTM) from 2 to 4 October 2018 at the Karachi Expo Ce

Published 02 Oct, 2018 12:00am

Agha Saiddain elected PTA chairman

Agha Saiddain, Kamran Habib and Khawaja Muhammad Mehr Ali have been elected unopposed central Chairman, Senior Vice Chairman and Vice Chairman of Pakistan Tanners Association (PTA) for the year of 2018-19 respectively.

Published 02 Oct, 2018 12:00am

Ghani suspends SBCA, KDA officers

Sindh Local Government Minister Saeed Ghani on Monday suspended five officers of Sindh Building Control Authority (SBCA) and 17 officers of various departments of KDA on being absent from their duties. The Minister ordered this on his surprise visit to KD

Published 02 Oct, 2018 12:00am

Adviser demands probe into Punjab Minister's jail visit

Adviser to Sindh Chief Minister on Information, Law and Anti-Corruption, Barrister Murtaza Wahab has demanded inquiry to know the real motives of visit of Punjab Jail Minister to Kot Lakhpat Prison, which, he said, was nothing but a flagrant violation of

Published 02 Oct, 2018 12:00am

Huge fire erupts at Techno City building

Fire that broke out early Monday in the Techno City Building where private TV channel offices are also situated was extinguished after hours-long rescue efforts by the fire fighting teams. Fire broke out in the building located in New Chali area near II C

Published 02 Oct, 2018 12:00am

JS Bank sponsors 'Distinguished Gentleman's Ride'

JS Bank sponsored the "Distinguished Gentleman's Ride", the world's leading motorcycling charity event to raise awareness and funding for prostate cancer. Dressed in classic formal suits, more than 350 bike riders gathered on Sunday for the ride event. Mo

Published 02 Oct, 2018 12:00am

Partly Facetious.; Imran should be given enough rope

"Zardari sahib reckons that Imran Khan should be given enough rope and he will hang himself."

Published 02 Oct, 2018 12:00am

JI slates closing brick kilns

Deputy Chief of the JI Dr Farid Ahmed Piracha has slated the government's decision to close the brick kilns from October 15 till December 31, and termed it unwise, unlawful and immoral act on the part of government. In a statement issued on Monday, he sai

Published 02 Oct, 2018 12:00am

German Cultural Weeks will begin from this month

German Consulate General and Goethe Institut will jointly organize a series of events in Karachi from October to December 2018, as part of "German Cultural Weeks 2018". German Consul General Eugen Wollfarth accompanied by Director Goethe Institute unveile

Published 02 Oct, 2018 12:00am

Thar coal-based power plant achieves 90 percent completion: EPTL

The first ever Thar based 660MW Lignite Coal Power plant has made rapid progress in its construction phase with 90 percent completion already, it is 5 months ahead of its schedule. This plant will add the first electron on Thar coal to the national grid b

Published 02 Oct, 2018 12:00am

Arshad Dad appointed PTI's GS

Pakistan Tehreek-e-Insaf (PTI) on Monday announced that party's Additional Secretary General Arshad Dad has been elevated to the post of secretary general. Dad, a member of the party since 1996, was made the additional secretary general in May last.

Published 02 Oct, 2018 12:00am

PML-N, PPP welcome Qureshi's speech at UN

The opposition parties including Pakistan Muslim League-Nawaz (PML-N) and Pakistan Peoples Party (PPP) appreciated Foreign Minister Shah Mehmood Qureshi for strongly raising the issue of Kashmir during his speech in the 73rd session of the UN General Asse

Published 02 Oct, 2018 12:00am

Rabi season 2018-19: IRSA projects 38 percent water shortage

While presenting a critical picture of water storage in the days to come, Indus River System Authority's (IRSA) Advisory Committee on Monday projected 38 percent water shortage during Rabi season 2018-19, commencing from 1 Oct, which will hit the agricult

Published 02 Oct, 2018 12:00am

IHC grants Abidi one-day protective bail

The Islamabad High Court on Monday granted one day protective bail to former Senator Faisal Raza Abidi in a case pertaining to use of defamatory language against Chief Justice Mian Saqib Nisar. A single bench of the IHC comprising Justice Mohsin Akhtar Ka

Published 02 Oct, 2018 12:00am

Shahbaz terms finance bill 'anti-people'

President Pakistan Muslim League-Nawaz (PML-N), Shahbaz Sharif on Monday lambasted the 'mini-budget' of Pakistan Tehreek-e-Insaf (PTI) government, saying it would further burden the poverty-stricken segment of the country.

Published 02 Oct, 2018 12:00am

Dr Askey meets Farogh Naseem

Dr Simon Askey, Director Undergraduate Law Programmes, University of London, called on Dr Farogh Naseem, Federal Minister for Law and Justice, in his office on Monday. Askey congratulated Naseem on assuming his office as law minister. Both the sides discu

Published 02 Oct, 2018 12:00am

SC orders removal of illegal construction in Banigala

The Supreme Court Monday directed the government to remove encroachments along Korang Nullah and make a policy to regularise the illegal constructions in Banigala. A three-member judge bench, headed by Chief Justice Mian Saqib Nisar was hearing a suo motu

Published 02 Oct, 2018 12:00am

Durrani moves IHC to remove his name from ECL

Former Director General Inter-Services Intelligence (ISI), Lieutenant General Asad Durrani (retd) on Monday moved a petition in the Islamabad High Court (IHC) to remove his name from Exit Control List (ECL) so that he could go abroad. Durrani retired from

Published 02 Oct, 2018 12:00am

Core inflation jumps to eight percent in September

Core inflation jumped to 8 percent in September 2018 which has been the highest in the past four years, said Consumer Price Index (CPI) data released by Pakistan Bureau of Statistic here on Monday.

Published 02 Oct, 2018 12:00am

'Eighteen' delivering on the promise

Eighteen-One of Pakistan's most luxurious and modern residential project set within a beautiful landscape South West of Islamabad, is located on the main motorway link road, under the RDA jurisdiction, conveniently placed to be known as the "18th District

Published 02 Oct, 2018 12:00am

New chairman, member of PTA: government initiates process of appointments

The government has initiated the process to appoint new chairman and member (compliance & enforcement) of Pakistan Telecommunication Authority (PTA), as the posts have been vacant for about one year, affecting the performance of the Authority. The previou

Published 02 Oct, 2018 12:00am

Hike in policy rate

From the lead story of 30 September Business Recorder I have not been able to find a 'public good' through State Bank Policy Rate pegging-up.

Published 02 Oct, 2018 12:00am

As Chinese influence grows, Japanese warship visits Sri Lanka

Japan's largest warship, the Kaga helicopter carrier, sailed into Sri Lanka's Colombo harbour this weekend, marking Tokyo's highest profile salvo in a diplomatic battle with China for influence along the region's vital commercial sea lanes.

Published 02 Oct, 2018 12:00am

Federal Budget 2018-19 (Revised): An appraisal

The revised Federal Budget for 2018-19 has raised a number of concerns ranging from the failure of the Government to use this occasion to share its vision for the economy, to the process followed and to the budgetary estimates for revenues and expenditure

Published 02 Oct, 2018 12:00am

A hostage to Indo-Pak disputes

It was disappointing but not so surprising when a few days ago India accepted and then rejected, within 24 hours citing two predated incidents, Prime Minister Imran Khan's offer for a meeting between the two counties' foreign ministers on the sidelines of

Published 02 Oct, 2018 12:00am

Cotton

100bps hike in policy rate

In its meeting held on 29th September, Monetary Policy Committee (MPC) of the State Bank again decided to raise the policy rate by another 100 basis points to 8.5 percent with effect from 1st October, 2018. Welcoming the smooth transition between governme

Published 02 Oct, 2018 12:00am

US-Japan duo win Nobel Medicine Prize for cancer therapy

Two immunologists, James Allison of the US and Tasuku Honjo of Japan, won the 2018 Nobel Medicine Prize for research into how the body's natural defences can fight cancer, the jury said on Monday. Unlike more traditional forms of cancer treatment that dir

Published 02 Oct, 2018 12:00am

US-Japan duo win Nobel Medicine Prize for cancer therapy

Two immunologists, James Allison of the US and Tasuku Honjo of Japan, won the 2018 Nobel Medicine Prize for research into how the body's natural defences can fight cancer, the jury said on Monday. Unlike more traditional forms of cancer treatment that dir

Published 02 Oct, 2018 12:00am

IMF team praises BISP''s performance

International Monetary Fund (IMF) delegation Monday appreciated the vision and work of Benazir Income Support Programme for improving the socio-economic conditions of the poor. The delegation head Herald Finger said continuity of funds for BISP was critic

Published 02 Oct, 2018 12:00am

IMF team praises BISP's performance

International Monetary Fund (IMF) delegation Monday appreciated the vision and work of Benazir Income Support Programme for improving the socio-economic conditions of the poor. The delegation head Herald Finger said continuity of funds for BISP was critic

Published 02 Oct, 2018 12:00am

IMF team praises BISP's performance

International Monetary Fund (IMF) delegation Monday appreciated the vision and work of Benazir Income Support Programme for improving the socio-economic conditions of the poor. The delegation head Herald Finger said continuity of funds for BISP was critic

Published 02 Oct, 2018 12:00am

Court irked by Nawaz's absence

Accountability Court Judge Muhammad Arshad Malik hearing corruption cases against the Sharif family members Monday got annoyed over non-appearance of former Prime Minister Nawaz Sharif before the court. At the start of hearing of the Flagship reference, M

Published 02 Oct, 2018 12:00am

The Weather

The weather report on Monday (October 01, 2018) and the forecast for Tuesday (October 02, 2018).

Published 02 Oct, 2018 12:00am

Court irked by Nawaz's absence

Accountability Court Judge Muhammad Arshad Malik hearing corruption cases against the Sharif family members Monday got annoyed over non-appearance of former Prime Minister Nawaz Sharif before the court. At the start of hearing of the Flagship reference, M

Published 02 Oct, 2018 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (October 01, 2018).

Published 02 Oct, 2018 12:00am

Chinese bishops to attend first Vatican synod

Two Chinese Catholic bishops are to take part for the first time from Wednesday in a synod, or advisory body meeting, with peers at the Vatican, the Holy See said. "The Holy Father had invited Chinese bishops in the past but they were never able to come,"

Published 02 Oct, 2018 12:00am

LME official prices

The following were Friday official prices.

Published 02 Oct, 2018 12:00am

Chinese bishops to attend first Vatican synod

Two Chinese Catholic bishops are to take part for the first time from Wednesday in a synod, or advisory body meeting, with peers at the Vatican, the Holy See said. "The Holy Father had invited Chinese bishops in the past but they were never able to come,"

Published 02 Oct, 2018 12:00am

LME official prices

The following were Friday official prices.

Published 02 Oct, 2018 12:00am

1320MW CPHGC plant connects to national grid

The 1320MW coal-fired power plant of the China Power Hub Generation Company (Pvt.) Ltd, being constructed in Hub, Balochistan, has achieved a major milestone by interconnecting with Pakistan''s National Grid, subsequently achieving back energization of it

Published 02 Oct, 2018 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (October 01, 2018).

Published 02 Oct, 2018 12:00am

1320MW CPHGC plant connects to national grid

The 1320MW coal-fired power plant of the China Power Hub Generation Company (Pvt.) Ltd, being constructed in Hub, Balochistan, has achieved a major milestone by interconnecting with Pakistan's National Grid, subsequently achieving back energization of its

Published 02 Oct, 2018 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Monday (October 01, 2018).

Published 02 Oct, 2018 12:00am

1320MW CPHGC plant connects to national grid

The 1320MW coal-fired power plant of the China Power Hub Generation Company (Pvt.) Ltd, being constructed in Hub, Balochistan, has achieved a major milestone by interconnecting with Pakistan's National Grid, subsequently achieving back energization of its

Published 02 Oct, 2018 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Monday (October 01, 2018).

Published 02 Oct, 2018 12:00am

World court sinks Bolivia bid for sea access via Chile

The International Court of Justice on Monday rejected a bid by landlocked Bolivia to force Chile to the negotiating table for access to the Pacific Ocean in a row dating back to the 19th century. Bolivia lost its route to the sea in a 1879-1883 war with C

Published 02 Oct, 2018 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Monday (October 01, 2018).

Published 02 Oct, 2018 12:00am

World court sinks Bolivia bid for sea access via Chile

The International Court of Justice on Monday rejected a bid by landlocked Bolivia to force Chile to the negotiating table for access to the Pacific Ocean in a row dating back to the 19th century. Bolivia lost its route to the sea in a 1879-1883 war with C

Published 02 Oct, 2018 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Monday (October 01, 2018).

Published 02 Oct, 2018 12:00am

Iran fires missiles at Syria jihadists

Iran said it struck jihadists on Monday in Syria with ballistic missiles and combat drones in retaliation for a deadly attack on an Iranian military parade, warning the "real punishment" was still to come. Last month's shooting in the Iranian city of Ahva

Published 02 Oct, 2018 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (October 01, 2018)

Published 02 Oct, 2018 12:00am

Iran fires missiles at Syria jihadists

Iran said it struck jihadists on Monday in Syria with ballistic missiles and combat drones in retaliation for a deadly attack on an Iranian military parade, warning the "real punishment" was still to come. Last month's shooting in the Iranian city of Ahva

Published 02 Oct, 2018 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Monday (October 01, 2018).

Published 02 Oct, 2018 12:00am

Currency

Exchange companies asked to keep rates at rational level

The State Bank of Pakistan (SBP) Monday asked exchange companies to keep the exchange rate at a rational level. The State Bank called an urgent meeting of Exchange Companies at SBP head office on Monday to discuss exchange rate, which is volatile in the o

Published 02 Oct, 2018 12:00am

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (October 01, 2018).

Published 02 Oct, 2018 12:00am

Currency

Exchange companies asked to keep rates at rational level

The State Bank of Pakistan (SBP) Monday asked exchange companies to keep the exchange rate at a rational level. The State Bank called an urgent meeting of Exchange Companies at SBP head office on Monday to discuss exchange rate, which is volatile in the o

Published 02 Oct, 2018 12:00am

Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Monday (October 01, 2018).

Published 02 Oct, 2018 12:00am

Currency

Exchange companies asked to keep rates at rational level

The State Bank of Pakistan (SBP) Monday asked exchange companies to keep the exchange rate at a rational level. The State Bank called an urgent meeting of Exchange Companies at SBP head office on Monday to discuss exchange rate, which is volatile in the o

Published 02 Oct, 2018 12:00am

Kerb

Pakistan Economic Indicators

Pakistan Economic Indicators - Monday (October 01, 2018).

Published 02 Oct, 2018 12:00am

Illegal foreign exchange transactions: government set to introduce amendments

The government is set to introduce amendments in the FIA Act 1974, Foreign Exchange Regulation Act (FERA) 1947, Customs Act 1969 and AML Act 2010 to strengthen punitive regime against Hundi, Hawala and other illegal foreign exchange transactions.

Published 02 Oct, 2018 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (October 01, 2018).

Published 02 Oct, 2018 12:00am

Illegal foreign exchange transactions: government set to introduce amendments

The government is set to introduce amendments in the FIA Act 1974, Foreign Exchange Regulation Act (FERA) 1947, Customs Act 1969 and AML Act 2010 to strengthen punitive regime against Hundi, Hawala and other illegal foreign exchange transactions.

Published 02 Oct, 2018 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (October 01, 2018).

Published 02 Oct, 2018 12:00am

Illegal foreign exchange transactions: government set to introduce amendments

The government is set to introduce amendments in the FIA Act 1974, Foreign Exchange Regulation Act (FERA) 1947, Customs Act 1969 and AML Act 2010 to strengthen punitive regime against Hundi, Hawala and other illegal foreign exchange transactions.

Published 02 Oct, 2018 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Monday (October 01, 2018).

Published 02 Oct, 2018 12:00am

Illegal foreign exchange transactions: government set to introduce amendments

The government is set to introduce amendments in the FIA Act 1974, Foreign Exchange Regulation Act (FERA) 1947, Customs Act 1969 and AML Act 2010 to strengthen punitive regime against Hundi, Hawala and other illegal foreign exchange transactions.

Published 02 Oct, 2018 12:00am

Kerb

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Monday (October 01, 2018).

Published 02 Oct, 2018 12:00am

Germany's visit: PM accepts Merkel's invitation

German Chancellor Dr Angela Merkel has telephoned Prime Minister Imran Khan to congratulate him on his election as the Prime Minister of Pakistan. Chancellor Merkel emphasized the importance of deepening bilateral relations, expressed desire to expand coo

Published 02 Oct, 2018 12:00am

Currency

THE RUPEE: dollar at Rs 128

The rupee crossed an important barrier of Rs 128 against the dollar on the money market on Monday in process of strong buying of the US currency, dealers said. Commenting on the rupee's fall in the open market, some experts said that the dollar started mo

Published 02 Oct, 2018 12:00am

Germany's visit: PM accepts Merkel's invitation

German Chancellor Dr Angela Merkel has telephoned Prime Minister Imran Khan to congratulate him on his election as the Prime Minister of Pakistan. Chancellor Merkel emphasized the importance of deepening bilateral relations, expressed desire to expand coo

Published 02 Oct, 2018 12:00am

Currency

THE RUPEE: dollar at Rs 128

The rupee crossed an important barrier of Rs 128 against the dollar on the money market on Monday in process of strong buying of the US currency, dealers said. Commenting on the rupee's fall in the open market, some experts said that the dollar started mo

Published 02 Oct, 2018 12:00am

Auction of Dar's properties: court reserves verdict on NAB's plea

The Accou-ntability Court hearing corruption case against former Finance Minister Ishaq Dar Monday reserved its judgment on National Accountability Bureau's request for auction of his (Dar's) moveable and immoveable properties that will be announced today

Published 02 Oct, 2018 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Monday (October 01, 2018).

Published 02 Oct, 2018 12:00am

Auction of Dar's properties: court reserves verdict on NAB's plea

The Accou-ntability Court hearing corruption case against former Finance Minister Ishaq Dar Monday reserved its judgment on National Accountability Bureau's request for auction of his (Dar's) moveable and immoveable properties that will be announced today

Published 02 Oct, 2018 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Monday (October 01, 2018).

Published 02 Oct, 2018 12:00am

Mattis trip to Beijing canceled

A meeting between Defense Secretary Jim Mattis and his Chinese counterpart has been canceled, a US defense official said Monday, amid rising tensions between the two nations. The Pentagon had been working on a plan for Mattis to travel to Beijing later th

Published 02 Oct, 2018 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Monday (October 01, 2018).

Published 02 Oct, 2018 12:00am

BRIndex100 remains bearish

Pakistan Stock Exchange witnessed bearish trend on the first day of the week due to selling in various sectors.

Published 02 Oct, 2018 12:00am

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Monday (October 01, 2018)

Published 02 Oct, 2018 12:00am

BRIndex100 remains bearish

Pakistan Stock Exchange witnessed bearish trend on the first day of the week due to selling in various sectors.

Published 02 Oct, 2018 12:00am

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Monday (October 01, 2018)

Published 02 Oct, 2018 12:00am

BRIndex100 remains bearish

Pakistan Stock Exchange witnessed bearish trend on the first day of the week due to selling in various sectors.

Published 02 Oct, 2018 12:00am

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Monday (October 01, 2018)

Published 02 Oct, 2018 12:00am

BCI surges to 55 in August: SBP survey

The State Bank of Pakistan''s (SBP) Business Confidence Survey revealed on Monday that companies'' business confidence is positive in the economy as overall Business Confidence Index (BCI) surged to 55 in August 2018 compared to 51 in June, 2018. Accordin

Published 02 Oct, 2018 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	155.61
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.27
Euro to USD / Nov 15	1.06

Stock	Volume
India Sensex / Nov 14	77,580.31
S&P 500 / Nov 15	5,906.50
Tokyo Nikkei / Nov 15	38,642.91
Nasdaq / Nov 15	18,861.33
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,065.30
Dow Jones / Nov 15	43,602
Germany DAX 30 / Nov 15	19,211.48

Item	Value
Gold 10 Grams PKR / Nov 14	232,340
Petrol/Litre / Nov 15	248.38
Crude Oil USD/Barrel / Nov 15	67.86
Karachi Cotton PKR/37.32 KG / Nov 15	18,085
Gold Spot USD/Ounce / Nov 15	2,567.71
Diesel/Litre / Nov 15	255.14

Stock	Price
786 Invest Ltd / Nov 15 786 Investments Limited(786)	6.37 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 15 Al-Abbas Sugar Mills Limited(AABS)	609.47 ▼ 0.00 (0.00%)
Agro Allianz / Nov 15 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 15 Ali Asghar Textile Mills Limited(AATM)	61.35 ▼ 0.00 (0.00%)
Allied Bank / Nov 15 Allied Bank Limited(ABL)	114.03 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 15 Abbott Laboratories (Pakistan) Limited(ABOT)	993.93 ▼ 0.00 (0.00%)
Abson Ind. / Nov 15 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 15 Alfalah Consumer Index ETF.(ACIETF)	12.31 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 15 786 Investments Limited(786)	6.37 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 15 Al-Abbas Sugar Mills Limited(AABS)	609.47 ▲ 0.00 (0.00%)
Agro Allianz / Nov 15 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 15 Ali Asghar Textile Mills Limited(AATM)	61.35 ▲ 0.00 (0.00%)
Allied Bank / Nov 15 Allied Bank Limited(ABL)	114.03 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 15 Abbott Laboratories (Pakistan) Limited(ABOT)	993.93 ▲ 0.00 (0.00%)
Abson Ind. / Nov 15 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 15 Alfalah Consumer Index ETF.(ACIETF)	12.31 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 15 Worldcall Telecom Limited(WTL)	177,393,273 ▲ 0.00
Hascol Petrol / Nov 15 Hascol Petroleum Limited(HASCOL)	59,224,094 ▲ 0.00
Treet Battery / Nov 15 Treet Battery Limited(TBL)	47,940,702 ▲ 0.00
Sui South Gas / Nov 15 Sui Southern Gas Company Limited(SSGC)	42,748,255 ▲ 0.00
Cnergyico PK / Nov 15 Cnergyico PK Limited(CNERGY)	32,665,062 ▲ 0.00
TPL Properties / Nov 15 TPL Properties Limited(TPLP)	30,497,881 ▲ 0.00
Treet Corp / Nov 15 Treet Corporation Limited(TREET)	29,734,104 ▲ 0.00
Telecard Limited / Nov 15 Telecard Limited(TELE)	29,162,423 ▲ 0.00
Pak Refinery / Nov 15 Pakistan Refinery Limited(PRL)	27,309,247 ▲ 0.00

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