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Nov 21, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2018-12-14
JIT to probe Nawaz in Pakpattan shrine land case

JIT to probe Nawaz in Pakpattan shrine land case

The Supreme Court on Thursday constituted a Joint Investigation Team (JIT) to probe the role of former Prime Minister Nawaz Sharif in nullifying a notification regarding selling of shrine land in 1985 to a private person. The committee shall comprise DIG
Published 14 Dec, 2018 12:00am
JIT to probe Nawaz in Pakpattan shrine land case

JIT to probe Nawaz in Pakpattan shrine land case

The Supreme Court on Thursday constituted a Joint Investigation Team (JIT) to probe the role of former Prime Minister Nawaz Sharif in nullifying a notification regarding selling of shrine land in 1985 to a private person. The committee shall comprise DIG
Published 14 Dec, 2018 12:00am
Wealth creation important for poverty reduction: PM

Wealth creation important for poverty reduction: PM

Prime Minister Imran Khan has stated that the government will facilitate local and foreign investors by simplifying tax regime for wealth creation that will eventually reduce poverty in the country. Speaking as chief guest at ''Pakistan Economic Forum'' o
Published 14 Dec, 2018 12:00am
Wealth creation important for poverty reduction: PM

Wealth creation important for poverty reduction: PM

Prime Minister Imran Khan has stated that the government will facilitate local and foreign investors by simplifying tax regime for wealth creation that will eventually reduce poverty in the country. Speaking as chief guest at 'Pakistan Economic Forum' org
Published 14 Dec, 2018 12:00am
Wealth creation important for poverty reduction: PM

Wealth creation important for poverty reduction: PM

Prime Minister Imran Khan has stated that the government will facilitate local and foreign investors by simplifying tax regime for wealth creation that will eventually reduce poverty in the country. Speaking as chief guest at 'Pakistan Economic Forum' org
Published 14 Dec, 2018 12:00am
''Simplify your procedures,'' PM tells BoI

''Simplify your procedures,'' PM tells BoI

Prime Minister Imran Khan has sought a comprehensive plan with suggestions to simplify procedures related to government approvals, taxation issues and dispute resolution mechanism with the objective to facilitate investors and businesses in the country. C
Published 14 Dec, 2018 12:00am
'Simplify your procedures,' PM tells BoI

'Simplify your procedures,' PM tells BoI

Prime Minister Imran Khan has sought a comprehensive plan with suggestions to simplify procedures related to government approvals, taxation issues and dispute resolution mechanism with the objective to facilitate investors and businesses in the country. C
Published 14 Dec, 2018 12:00am
'Simplify your procedures,' PM tells BoI

'Simplify your procedures,' PM tells BoI

Prime Minister Imran Khan has sought a comprehensive plan with suggestions to simplify procedures related to government approvals, taxation issues and dispute resolution mechanism with the objective to facilitate investors and businesses in the country. C
Published 14 Dec, 2018 12:00am
BRIndex100 extends losses

BRIndex100 extends losses

Pakistan Stock Exchange Thursday witnessed another bearish session due to selling in various stocks. BRIndex100 lost 39.3 points or 0.97 percent to close at 4,006.08 points. BRIndex100 touched intraday high of 4,066.97 and intraday low of 3,979.81 points.
Published 14 Dec, 2018 12:00am
BRIndex100 extends losses

BRIndex100 extends losses

Pakistan Stock Exchange Thursday witnessed another bearish session due to selling in various stocks. BRIndex100 lost 39.3 points or 0.97 percent to close at 4,006.08 points. BRIndex100 touched intraday high of 4,066.97 and intraday low of 3,979.81 points.
Published 14 Dec, 2018 12:00am
BRIndex100 extends losses

BRIndex100 extends losses

Pakistan Stock Exchange Thursday witnessed another bearish session due to selling in various stocks. BRIndex100 lost 39.3 points or 0.97 percent to close at 4,006.08 points. BRIndex100 touched intraday high of 4,066.97 and intraday low of 3,979.81 points.
Published 14 Dec, 2018 12:00am
Sukuk auction today: target fixed at Rs 111 billion

Sukuk auction today: target fixed at Rs 111 billion

The State Bank of Pakistan (SBP) Thursday announced the auction for three-year Government of Pakistan (GoP) Ijara Sukuk on Bai Muajjal basis. Industry sources said the government of Pakistan Ijara Sukuk (GIS-16) worth Rs 108 billion is being matured on De
Published 14 Dec, 2018 12:00am
Sukuk auction today: target fixed at Rs 111 billion

Sukuk auction today: target fixed at Rs 111 billion

The State Bank of Pakistan (SBP) Thursday announced the auction for three-year Government of Pakistan (GoP) Ijara Sukuk on Bai Muajjal basis. Industry sources said the government of Pakistan Ijara Sukuk (GIS-16) worth Rs 108 billion is being matured on De
Published 14 Dec, 2018 12:00am
Sukuk auction today: target fixed at Rs 111 billion

Sukuk auction today: target fixed at Rs 111 billion

The State Bank of Pakistan (SBP) Thursday announced the auction for three-year Government of Pakistan (GoP) Ijara Sukuk on Bai Muajjal basis. Industry sources said the government of Pakistan Ijara Sukuk (GIS-16) worth Rs 108 billion is being matured on De
Published 14 Dec, 2018 12:00am
The Weather

The Weather

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

Published 14 Dec, 2018 12:00am
Sukuk auction today: target fixed at Rs 111 billion

Sukuk auction today: target fixed at Rs 111 billion

The State Bank of Pakistan (SBP) Thursday announced the auction for three-year Government of Pakistan (GoP) Ijara Sukuk on Bai Muajjal basis. Industry sources said the government of Pakistan Ijara Sukuk (GIS-16) worth Rs 108 billion is being matured on De
Published 14 Dec, 2018 12:00am
Bullion Rates

Bullion Rates

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

Published 14 Dec, 2018 12:00am
ADB to provide $284 million for power transmission network

ADB to provide $284 million for power transmission network

Government of Pakistan and Asian Development Bank on Thursday signed a loan and a grant agreement amounting to $284 million (Loan 3677 for $280 million and Grant for $4 million) from ADB''''s Ordinary Capital Resources and High-Level Technology Fund for t
Published 14 Dec, 2018 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 14 Dec, 2018 12:00am
ADB to provide $284 million for power transmission network

ADB to provide $284 million for power transmission network

Government of Pakistan and Asian Development Bank on Thursday signed a loan and a grant agreement amounting to $284 million (Loan 3677 for $280 million and Grant for $4 million) from ADB''s Ordinary Capital Resources and High-Level Technology Fund for the
Published 14 Dec, 2018 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 14 Dec, 2018 12:00am
ADB to provide $284 million for power transmission network

ADB to provide $284 million for power transmission network

Government of Pakistan and Asian Development Bank on Thursday signed a loan and a grant agreement amounting to $284 million (Loan 3677 for $280 million and Grant for $4 million) from ADB's Ordinary Capital Resources and High-Level Technology Fund for the
Published 14 Dec, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

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

Published 14 Dec, 2018 12:00am
ADB to provide $284 million for power transmission network

ADB to provide $284 million for power transmission network

Government of Pakistan and Asian Development Bank on Thursday signed a loan and a grant agreement amounting to $284 million (Loan 3677 for $280 million and Grant for $4 million) from ADB's Ordinary Capital Resources and High-Level Technology Fund for the
Published 14 Dec, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (December 13, 2018)

Published 14 Dec, 2018 12:00am
PM suspends SNGPL, SSGCL BoDs

PM suspends SNGPL, SSGCL BoDs

Prime Minister Imran Khan has issued directives to dissolve the boards of directors of Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL) following prevailing gas crisis in the country, sources said. A day after orderi
Published 14 Dec, 2018 12:00am
PM suspends SNGPL, SSGCL BoDs

PM suspends SNGPL, SSGCL BoDs

Prime Minister Imran Khan has issued directives to dissolve the boards of directors of Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL) following prevailing gas crisis in the country, sources said. A day after orderi
Published 14 Dec, 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 (December 13, 2018).

Published 14 Dec, 2018 12:00am
PM suspends SNGPL, SSGCL BoDs

PM suspends SNGPL, SSGCL BoDs

Prime Minister Imran Khan has issued directives to dissolve the boards of directors of Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL) following prevailing gas crisis in the country, sources said. A day after orderi
Published 14 Dec, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

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

Published 14 Dec, 2018 12:00am
ECB ends crisis-fighting bond buys but eyes increasing risks
Currency

ECB ends crisis-fighting bond buys but eyes increasing risks

The European Central Bank formally ended its 2.6 trillion euro crisis-fighting bond purchase scheme on Thursday but promised to keep feeding stimulus for years into an economy struggling with an unexpected slowdown and political turmoil. In a precarious b
Published 14 Dec, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

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

Published 14 Dec, 2018 12:00am
ECB ends crisis-fighting bond buys but eyes increasing risks
Currency

ECB ends crisis-fighting bond buys but eyes increasing risks

The European Central Bank formally ended its 2.6 trillion euro crisis-fighting bond purchase scheme on Thursday but promised to keep feeding stimulus for years into an economy struggling with an unexpected slowdown and political turmoil. In a precarious b
Published 14 Dec, 2018 12:00am
ECB ends crisis-fighting bond buys but eyes increasing risks
Currency

ECB ends crisis-fighting bond buys but eyes increasing risks

The European Central Bank formally ended its 2.6 trillion euro crisis-fighting bond purchase scheme on Thursday but promised to keep feeding stimulus for years into an economy struggling with an unexpected slowdown and political turmoil. In a precarious b
Published 14 Dec, 2018 12:00am
ECB ends crisis-fighting bond buys but eyes increasing risks
Currency

ECB ends crisis-fighting bond buys but eyes increasing risks

The European Central Bank formally ended its 2.6 trillion euro crisis-fighting bond purchase scheme on Thursday but promised to keep feeding stimulus for years into an economy struggling with an unexpected slowdown and political turmoil. In a precarious b
Published 14 Dec, 2018 12:00am
THE RUPEE: $ available at Rs 140
Currency

THE RUPEE: $ available at Rs 140

On the back of strong demand, the dollar gained sharply versus the rupee, hitting the high level at Rs 140 in the open market on Thursday in process of trading activity, dealers said. The rupee did not fluctuate sharply in relation to the dollar for buyin
Published 14 Dec, 2018 12:00am
THE RUPEE: $ available at Rs 140
Currency

THE RUPEE: $ available at Rs 140

On the back of strong demand, the dollar gained sharply versus the rupee, hitting the high level at Rs 140 in the open market on Thursday in process of trading activity, dealers said. The rupee did not fluctuate sharply in relation to the dollar for buyin
Published 14 Dec, 2018 12:00am
Peace, stability: Army to support all institutions: CoAS

Peace, stability: Army to support all institutions: CoAS

The top military brass Thursday reiterated its continued support to all state institutions and also pledged to safeguard the country against all external threats. The 216th Corps Commanders' Conference was held at the General Headquarters (GHQ) Rawalpindi
Published 14 Dec, 2018 12:00am
Peace, stability: Army to support all institutions: CoAS

Peace, stability: Army to support all institutions: CoAS

The top military brass Thursday reiterated its continued support to all state institutions and also pledged to safeguard the country against all external threats. The 216th Corps Commanders' Conference was held at the General Headquarters (GHQ) Rawalpindi
Published 14 Dec, 2018 12:00am
Government concedes PAC chairmanship to Shahbaz

Government concedes PAC chairmanship to Shahbaz

The Pakistan Tehreek-e-Insaf (PTI) government Thursday conceded the chairmanship of Public Accounts Committee (PAC) to Leader of Opposition in the National Assembly Shehbaz Sharif, almost three months after a stalemate over the key position. Speaking on t
Published 14 Dec, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (December 13, 2018).

Published 14 Dec, 2018 12:00am
Government concedes PAC chairmanship to Shahbaz

Government concedes PAC chairmanship to Shahbaz

The Pakistan Tehreek-e-Insaf (PTI) government Thursday conceded the chairmanship of Public Accounts Committee (PAC) to Leader of Opposition in the National Assembly Shehbaz Sharif, almost three months after a stalemate over the key position. Speaking on t
Published 14 Dec, 2018 12:00am
Murad Saeed designated as federal minister

Murad Saeed designated as federal minister

Acting President Sadiq Sanjrani Thursday approved summary of designating Murad Saeed as federal minister. According to official sources, the Prime Minister sent the summary to the Acting President who approved it. The Cabinet Division will issue the notif
Published 14 Dec, 2018 12:00am
Murad Saeed designated as federal minister

Murad Saeed designated as federal minister

Acting President Sadiq Sanjrani Thursday approved summary of designating Murad Saeed as federal minister. According to official sources, the Prime Minister sent the summary to the Acting President who approved it. The Cabinet Division will issue the notif
Published 14 Dec, 2018 12:00am
Cocoa futures rise, coffee sets 2-1/2-month low
Currency

Cocoa futures rise, coffee sets 2-1/2-month low

Cocoa futures rose more than 4 percent on speculative buying on Thursday, while raw sugar futures fell to a two-week low, weighed down by a weaker Brazilian currency and speculative selling in thin trade. Coffee prices hit a new 2-1/2-month low.
Published 14 Dec, 2018 12:00am
Copper touches one-week peak on easing US-China tension

Copper touches one-week peak on easing US-China tension

Copper hit its highest in more than a week on Thursday after US-China trade tensions eased, but gains were capped due to persistent worries about Chinese demand and global growth. China made its first purchases of US soybeans since President Donald Trump
Published 14 Dec, 2018 12:00am
Rubber hits over seven-week high

Rubber hits over seven-week high

Benchmark Tokyo rubber futures jumped for a second day on Thursday, hitting a more-than-seven-week high, on signs of easing Sino-US trade tensions and expectations that China will step up efforts soon to support its cooling economy. The Tokyo Commodity Ex
Published 14 Dec, 2018 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 14 Dec, 2018 12:00am
Malaysian palm oil futures rise
Vegetable Oil

Malaysian palm oil futures rise

Malaysian palm oil futures rose on Thursday, helped by steady crude oil prices and a broad improvement in global market sentiment. The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange was up 0.7 percent at 2,046
Published 14 Dec, 2018 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 14 Dec, 2018 12:00am
Gold moves higher in New York

Gold moves higher in New York

Gold prices edged higher in New York close on Wednesday as the dollar slipped and expectations for the number of US interest rate hikes next year dimmed, increasing the appeal of non-interest yielding bullion. Spot gold was up 0.1 percent at $1,244.40 per
Published 14 Dec, 2018 12:00am
Gold little changed in Asia

Gold little changed in Asia

Gold was little changed in Asia on Thursday as the dollar steadied and equities climbed on signs of easing trade tensions between the United States and China, while palladium rose to a record high, trading at a premium to the bullion. Spot gold was steady
Published 14 Dec, 2018 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 14 Dec, 2018 12:00am
Gold dips, palladium scales new peak in Europe

Gold dips, palladium scales new peak in Europe

Gold fell on Thursday as stock markets gained for a third straight day, but the metal held in a tight range ahead of next week's Federal Open Market Committee meeting when the US central bank is widely expected to raise interest rates. Meanwhile, palladiu
Published 14 Dec, 2018 12:00am
US MIDDAY: soya futures down

US MIDDAY: soya futures down

US soyabean futures fell to a one-week low on Thursday as confirmation of a 1.13 million-tonne US soyabean sale to China failed to impress traders who are shifting their focus to burdensome US and global supplies, analysts said. Wheat futures neared a two
Published 14 Dec, 2018 12:00am
US MIDDAY: gold eases to one-week low
Currency

US MIDDAY: gold eases to one-week low

Gold eased to its lowest in nearly one week in early trade in New York on Thursday as the dollar rose and investors latched on to gains in global stocks, while palladium touched record highs on expectations of higher demand. Spot gold eased 0.2 percent to
Published 14 Dec, 2018 12:00am
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