News Archives for Print - 2019-01-29

Partly Facetious: Asad Umar will be Imran Khan's Ishaq Dar?

"Mike Bloomberg said something rather interesting the other day...."

Published 29 Jan, 2019 12:00am

Four of a family killed in Swabi

At least four members of the same family including three women and a man were killed and two others sustained injuries when roof of their house collapsed in Union Council Sudher of district Swabi on Monday morning. According to details, roof of a mud hous

Published 29 Jan, 2019 12:00am

Skill development of youth termed most effective tool

Federal Minister for Education & Professional Training Shafqat Mahmood has said that skill development is the most effective tool to help the country progress and prosper speedily. "Skill development is at the top of the current government's agenda and we

Published 29 Jan, 2019 12:00am

Political will required to implement police reforms: Suddle

Strong political will is required to implement reforms in the police system. This was stated by Dr Muhammad Shoaib Suddle, former Inspector General Police (IGP), in an exclusive chat with this correspondent. He emphasized that reforms in Punjab police are

Published 29 Jan, 2019 12:00am

Legislation for eradicating ice drug soon: KP government plans to set up rehabilitation centre for addicts

KP Chief Minister Mahmood Khan said on Monday the provincial government was making efforts to make legislation for eradicating ice drug from the society and has planned to set up a rehabilitation centre for addicts in the metropolis. He expressed these vi

Published 29 Jan, 2019 12:00am

Big cities: Provision of clean drinking water will be part of strategy: minister

Federal Minister for Planning, Development and Reform, Khusro Bakhtyar has said that providing clean drinking water to major urban cities will be made a part of development strategy to address the needs of the people in view of fast urban growth. The Paki

Published 29 Jan, 2019 12:00am

Umar meets Punjab governor

Federal Finance Minister Asad Umar and Minister of State for Revenue Hammad Azhar met with Punjab Governor Chaudhry Muhammad Sarwar at Governor House on Monday. The Finance Minister apprised the Governor about measures taken by the PTI government for econ

Published 29 Jan, 2019 12:00am

Conduct of members: NA speaker forms 13-member parliamentary leaders' body

Speaker National Assembly Asad Qaiser Monday constituted a 13-member committee of the parliamentary leaders on conduct of members. The committee will work under the chairmanship of the Speaker and consist of Leader of the House/Prime Minister Imran Khan,

Published 29 Jan, 2019 12:00am

Trump hails Pakistan's role in bringing Taliban to negotiating table: Fawad

Information Minister Fawad Chaudhry has said that Pakistan's role in bringing Taliban to the negotiation table has been appreciated by US President Donald Trump. During an interview with Gulf News on Sunday, Chaudhry said that Trump appreciated Islamabad'

Published 29 Jan, 2019 12:00am

KMU, Chinese varsity sign MoU

A memorandum of understanding (MoU) was signed between the Faculty of Public Health, Khyber Medical University (KMU), Peshawar and Nanjing Medical University (NMU), China.

Published 29 Jan, 2019 12:00am

22 Pakistani exhibitors to participate in Paris fair

Some 22 Pakistani exhibitors will take part in Texworld, Apparel Sourcing and Leatherworld fair to be held in Paris. Some exhibitors from Pakistan are directly participating in the fair, Trade Development Authority of Pakistan (TDAP) is setting up Pakista

Published 29 Jan, 2019 12:00am

New visa policy: business leaders see growing tourism, trade

Business community hailed the PTI-led government for granting visa on arrival, business visa and e-visa under new visa policy. The veteran business leader said that easing the visa policy with the facility of on arrival visa for 50 countries, business vis

Published 29 Jan, 2019 12:00am

IGP vows departmental action against 'corrupt elements'

Inspector General of Police (IGP) Sindh Dr Kalim Imam accepted on Monday that menace of corruption within the department has adversely affected its overall performances. Addressing a at a high-level meeting here at the Central Police Office (CPO) the prov

Published 29 Jan, 2019 12:00am

Farooq Sattar challenges dismissal from MQM

Dr Farooq Sattar filed a petition in Sindh High Court (SHC) on Monday against his expulsion from Muttahida Qaumi Movement-Pakistan (MQM-P). In his petition, he stated that his expulsion from the party is against the rules of Election Commission of Pakista

Published 29 Jan, 2019 12:00am

Doctors hold strike across Sindh hospitals

Government doctors went on strike across Sindh from Monday over non-payment of salaries, alllowances and health insurance Patients arriving at government hospitals across Sindh have been facing severe difficulties as the physicians are on strike and all O

Published 29 Jan, 2019 12:00am

Alvi for growth of Islamic banking industry

President Dr Arif Alvi expressed his support for the development of Islamic banking industry in the country in a meeting held with Irfan Siddiqui President & CEO Meezan Bank and Jameel Ahmad Deputy Governor State Bank of Pakistan along with a delegation f

Published 29 Jan, 2019 12:00am

Murad Shah calls for revision of NFC criteria

Sindh Chief Minister Syed Murad Ali Shah on Monday called for revisiting National Finance Commission (NFC) criterion. "The ratio of NFC tied to performance ought to be increased and revenue generation be given more weightage reducing the weightage to popu

Published 29 Jan, 2019 12:00am

Opposition slams government over 'blacklist' on airports

Members of opposition parties in the Senate on Monday criticised the government for maintaining, what they called, a 'blacklist' on airports to restrict foreign travel of the citizens and urged the government to abolish it forthwith.

Published 29 Jan, 2019 12:00am

PD to submit report to ECC on NHP today

Power Division is to submit a report to the Economic Coordination Committee (ECC) on Net Hydel Profit (NHP) on Tuesday (today), official sources told Business Recorder. "An amount of Rs 43 billion of NHP has been made part of the tariff of which Rs

Published 29 Jan, 2019 12:00am

PTV corruption case: SC grants bail to Shahid Masood

The Supreme Court on Monday granted bail to TV anchor Dr Shahid Masood in the Pakistan Television Corporation corruption case. A two-judge bench comprising Justice Manzoor Ahmed Malik and Justice Sardar Tariq Masood heard the bail application of TV anchor

Published 29 Jan, 2019 12:00am

Bail plea on medical ground: IHC seeks Nawaz's medical reports

Islamabad High Court (IHC) on Monday summoned all medical reports of former Prime Minister Nawaz Sharif after his counsel pleaded to bail out his client on the ground of his deteriorating health conditions in jail.

Published 29 Jan, 2019 12:00am

Thomas Drew calls on Qureshi

Foreign Minister Makhdoom Shah Mahmood Qureshi received British High Commissioner Thomas Drew at the Foreign Office on Monday. The two sides expressed satisfaction over the current trajectory of bilateral ties and agreed to further enhance relations in al

Published 29 Jan, 2019 12:00am

PTI files disqualification petition against Zardari in IHC

The leaders of Pakistan Tehreek-e-Insaf Monday approached the Islamabad High Court (IHC) seeking disqualification of former President Asif Ali Zardari under Article 62(1)(f) of the Constitution for non-disclosure of a luxury apartment in USA and expensive

Published 29 Jan, 2019 12:00am

Sindh to set up child healthcare institute

The Sindh Assembly on Monday legislated to set up a child healthcare institute to provide the newborn babies with a specialised care in the province. The institute will also serve as an independent degree awarding organisation. The house unanimously voted

Published 29 Jan, 2019 12:00am

Reko Diq, Saindak projects: parliamentary panel seeks in-camera briefing

A parliamentary panel has sought in-camera briefing on international agreements on Reko Diq and Saindak Copper Gold projects from the federal and Balochistan governments. The committee was informed about the present position of exploration of gold and coa

Published 29 Jan, 2019 12:00am

'Black Day'

Like ever, India's Republic Day was marked in the Occupied Jammu and Kashmir as 'Black Day' as the Kashmiris on both sides of the Line of Control reminded the world that India's continued denial of right to self-determination to the Kashmiris is contrary

Published 29 Jan, 2019 12:00am

Jilted France, angry Italy: divorce at the heart of EU

With diplomatic ties between France and Italy increasingly tense, some observers have reached for marital metaphors to describe the breakdown in relations between two countries at the heart of the European Union. Veteran French foreign affairs commentator

Published 29 Jan, 2019 12:00am

Premature euphoria

January 27, 2019 media reports gave the impression that six days of talks in Doha, Qatar, between the US Special Representative Zalmay Khalilzad and the Taliban had all but delivered a peace deal for Afghanistan. The reports outlined the agreement as cons

Published 29 Jan, 2019 12:00am

Cotton

Appraisal of the 'mini-budget'

The article written by me in Business Recorder on Monday 21st of January 2019 had speculated that the primary motive for presentation of the Mini-Budget was to control the burgeoning budget deficit in the on-going fiscal year, 2018-19. The first si

Published 29 Jan, 2019 12:00am

Bad attitude

Exasperated by the ministers' attitude towards the Senate, members of the opposition boycotted Friday's proceedings (the house was not in quorum either) requesting Chairman Sadiq Sanjrani to give a ruling on the issue. They returned, however, after the Mi

Updated 29 Jul, 2019 07:31am

Attack on media freedom

The Federal cabinet gave its go-ahead on Thursday to the government plan to form a new Pakistan Media Regulatory Authority (PMRA) bringing under it the existing media regulatory bodies. This, said Information Minister Fawad Chaudhry, is to be done by merg

Updated 29 Jul, 2019 07:31am

Currency

Prospects for bruised economy are dim

The latest United Nations report on world economic situation and prospects for 2019 released by its Department of Economic and Social Affairs presents a very unfavourable view of Pakistan's economy. It says the country's economy is facing severe Balance o

Updated 29 Jul, 2019 07:31am

British MPs seek greater control of Brexit

After British MPs rejected Prime Minister Theresa May''s Brexit deal, they will vote Tuesday on what they want her to do next. The House of Commons voted on January 15 to reject the withdrawal agreement May has struck with the European Union, leaving Brit

Published 29 Jan, 2019 12:00am

British MPs seek greater control of Brexit

After British MPs rejected Prime Minister Theresa May's Brexit deal, they will vote Tuesday on what they want her to do next. The House of Commons voted on January 15 to reject the withdrawal agreement May has struck with the European Union, leaving Brita

Published 29 Jan, 2019 12:00am

British MPs seek greater control of Brexit

After British MPs rejected Prime Minister Theresa May's Brexit deal, they will vote Tuesday on what they want her to do next. The House of Commons voted on January 15 to reject the withdrawal agreement May has struck with the European Union, leaving Brita

Published 29 Jan, 2019 12:00am

Bakhtyar speaks about development strategy

Minister for Planning, Development & Reform Makhdum Khusro Bakhtyar has said that next budget of 2019-20 would be a depiction of the federal and provincial governments' joint strategies for development. The minister expressed these views in a meeting with

Published 29 Jan, 2019 12:00am

Bakhtyar speaks about development strategy

Minister for Planning, Development & Reform Makhdum Khusro Bakhtyar has said that next budget of 2019-20 would be a depiction of the federal and provincial governments' joint strategies for development. The minister expressed these views in a meeting with

Published 29 Jan, 2019 12:00am

Yawar elected PBC chairman

Following the election of a new board of directors of the Pakistan Business Council (PBC) on 25th January 2019, the Board elected Syed Yawar Ali (Nestle Pakistan) as Chairman and Saquib Shirazi (Shirazi Investments) as Vice Chairman.

Published 29 Jan, 2019 12:00am

Yawar elected PBC chairman

Following the election of a new board of directors of the Pakistan Business Council (PBC) on 25th January 2019, the Board elected Syed Yawar Ali (Nestle Pakistan) as Chairman and Saquib Shirazi (Shirazi Investments) as Vice Chairman.

Published 29 Jan, 2019 12:00am

Yawar elected PBC chairman

Following the election of a new board of directors of the Pakistan Business Council (PBC) on 25th January 2019, the Board elected Syed Yawar Ali (Nestle Pakistan) as Chairman and Saquib Shirazi (Shirazi Investments) as Vice Chairman.

Published 29 Jan, 2019 12:00am

FY20 Budget: FBR seeks taxation proposals from taxmen, traders

The Federal Board of Revenue (FBR) has sought taxation proposals from chief commissioners/ collectors and business community for the next fiscal budget (2019-20), covering broadening the tax base, increase in revenue, removing anomalies and eliminating ta

Published 29 Jan, 2019 12:00am

FY20 Budget: FBR seeks taxation proposals from taxmen, traders

The Federal Board of Revenue (FBR) has sought taxation proposals from chief commissioners/ collectors and business community for the next fiscal budget (2019-20), covering broadening the tax base, increase in revenue, removing anomalies and eliminating ta

Published 29 Jan, 2019 12:00am

FY20 Budget: FBR seeks taxation proposals from taxmen, traders

The Federal Board of Revenue (FBR) has sought taxation proposals from chief commissioners/ collectors and business community for the next fiscal budget (2019-20), covering broadening the tax base, increase in revenue, removing anomalies and eliminating ta

Published 29 Jan, 2019 12:00am

Bahawalpur, South Punjab provinces: PML-N submits draft amendment bill in NA

Pakistan Muslim League-Nawaz (PML-N) Monday submitted a draft constitutional amendment bill in the National Assembly, seeking two separate provinces in Punjab - Bahawalpur and South Punjab.

Published 29 Jan, 2019 12:00am

Bahawalpur, South Punjab provinces: PML-N submits draft amendment bill in NA

Pakistan Muslim League-Nawaz (PML-N) Monday submitted a draft constitutional amendment bill in the National Assembly, seeking two separate provinces in Punjab - Bahawalpur and South Punjab.

Published 29 Jan, 2019 12:00am

SC to review Aasia Bibi acquittal today

The Sup-reme Court will begin today (Tuesday) a review of its acquittal of a Christian woman Aasia Bibi charged with blasphemy, a verdict that sparked days of protests over a case that has divided society and incited killings. A three-judge panel, includi

Published 29 Jan, 2019 12:00am

SC to review Aasia Bibi acquittal today

The Sup-reme Court will begin today (Tuesday) a review of its acquittal of a Christian woman Aasia Bibi charged with blasphemy, a verdict that sparked days of protests over a case that has divided society and incited killings. A three-judge panel, includi

Published 29 Jan, 2019 12:00am

MPS on Thursday

The State Bank of Pakistan (SBP) will announce monetary policy for next two months on Thursday. The meeting of the monetary policy committee will be held on Thursday, January 31, 2019 in Islamabad for deliberations on the economic indicators to take a dec

Published 29 Jan, 2019 12:00am

MPS on Thursday

The State Bank of Pakistan (SBP) will announce monetary policy for next two months on Thursday. The meeting of the monetary policy committee will be held on Thursday, January 31, 2019 in Islamabad for deliberations on the economic indicators to take a dec

Published 29 Jan, 2019 12:00am

MPS on Thursday

The State Bank of Pakistan (SBP) will announce monetary policy for next two months on Thursday. The meeting of the monetary policy committee will be held on Thursday, January 31, 2019 in Islamabad for deliberations on the economic indicators to take a dec

Published 29 Jan, 2019 12:00am

Repatriation of profit down 37 percent in H1

The repatriation of profit and dividend by the foreign investors registered a straight decline of 37 percent during the first half of current fiscal year (FY19). The State Bank of Pakistan (SBP) Monday revealed that foreign investors repatriated some $759

Published 29 Jan, 2019 12:00am

Repatriation of profit down 37 percent in H1

The repatriation of profit and dividend by the foreign investors registered a straight decline of 37 percent during the first half of current fiscal year (FY19). The State Bank of Pakistan (SBP) Monday revealed that foreign investors repatriated some $759

Published 29 Jan, 2019 12:00am

Repatriation of profit down 37 percent in H1

The repatriation of profit and dividend by the foreign investors registered a straight decline of 37 percent during the first half of current fiscal year (FY19). The State Bank of Pakistan (SBP) Monday revealed that foreign investors repatriated some $759

Published 29 Jan, 2019 12:00am

Development loan, advances for 2017-18: rates of mark-up chargeable notified

The finance minister has notified rates of mark-up chargeable on development loan and advances by the federal government for the fiscal year 2017-18.

Published 29 Jan, 2019 12:00am

Development loan, advances for 2017-18: rates of mark-up chargeable notified

The finance minister has notified rates of mark-up chargeable on development loan and advances by the federal government for the fiscal year 2017-18.

Published 29 Jan, 2019 12:00am

Development loan, advances for 2017-18: rates of mark-up chargeable notified

The finance minister has notified rates of mark-up chargeable on development loan and advances by the federal government for the fiscal year 2017-18.

Published 29 Jan, 2019 12:00am

The Weather 29 January 2019

The weather report on Monday (January 28, 2019) and the forecast for Tuesday (January 29, 2019).

Updated 29 Jan, 2019 09:16am

FBR''s tax policy for real estate sector unfair: CCP

The Competition Commission of Pakistan (CCP) has termed the Federal Board of Revenue''s tax policy for real estate sector as unfair and recommended formulation of tax policy in consultation with the stakeholders to maximise its effectiveness and assist in

Published 29 Jan, 2019 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (January 28, 2019).

Updated 29 Jan, 2019 09:14am

FBR's tax policy for real estate sector unfair: CCP

The Competition Commission of Pakistan (CCP) has termed the Federal Board of Revenue's tax policy for real estate sector as unfair and recommended formulation of tax policy in consultation with the stakeholders to maximise its effectiveness and assist in

Published 29 Jan, 2019 12:00am

LME official prices

The following were Friday official prices.

Updated 29 Jan, 2019 09:12am

FBR's tax policy for real estate sector unfair: CCP

The Competition Commission of Pakistan (CCP) has termed the Federal Board of Revenue's tax policy for real estate sector as unfair and recommended formulation of tax policy in consultation with the stakeholders to maximise its effectiveness and assist in

Published 29 Jan, 2019 12:00am

LME official prices

The following were Friday official prices.

Published 29 Jan, 2019 12:00am

Legal framework''s overhaul sought: CCP recommends setting up of real estate regulatory body

The Competition Commission of Pakistan (CCP) Monday recommended the establishment of a ''Real Estate Regulatory Body'' and a complete overhaul of the existing legal framework covering the real estate sector to protect the interests of all stakeholders, pa

Published 29 Jan, 2019 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (January 28, 2019).

Updated 29 Jan, 2019 09:20am

Legal framework's overhaul sought: CCP recommends setting up of real estate regulatory body

The Competition Commission of Pakistan (CCP) Monday recommended the establishment of a 'Real Estate Regulatory Body' and a complete overhaul of the existing legal framework covering the real estate sector to protect the interests of all stakeholders, part

Published 29 Jan, 2019 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Monday (January 28, 2019).

Published 29 Jan, 2019 12:00am

Legal framework's overhaul sought: CCP recommends setting up of real estate regulatory body

The Competition Commission of Pakistan (CCP) Monday recommended the establishment of a 'Real Estate Regulatory Body' and a complete overhaul of the existing legal framework covering the real estate sector to protect the interests of all stakeholders, part

Published 29 Jan, 2019 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Monday (January 28, 2019).

Published 29 Jan, 2019 12:00am

Cotton

Budget FY 2019-20: all taxes to be clubbed into one tax: Umar

With a view to further improving the ease of doing business, the federal government is taking steps to club all taxes into one tax in the next federal budget following which there will be a single tax collector and businessmen will have to pay a single ta

Published 29 Jan, 2019 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Monday (January 28, 2019).

Published 29 Jan, 2019 12:00am

Cotton

Budget FY 2019-20: all taxes to be clubbed into one tax: Umar

With a view to further improving the ease of doing business, the federal government is taking steps to club all taxes into one tax in the next federal budget following which there will be a single tax collector and businessmen will have to pay a single ta

Published 29 Jan, 2019 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Monday (January 28, 2019).

Published 29 Jan, 2019 12:00am

Cotton

Budget FY 2019-20: all taxes to be clubbed into one tax: Umar

With a view to further improving the ease of doing business, the federal government is taking steps to club all taxes into one tax in the next federal budget following which there will be a single tax collector and businessmen will have to pay a single ta

Published 29 Jan, 2019 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (January 28, 2019)

Published 29 Jan, 2019 12:00am

Cotton

Budget FY 2019-20: all taxes to be clubbed into one tax: Umar

With a view to further improving the ease of doing business, the federal government is taking steps to club all taxes into one tax in the next federal budget following which there will be a single tax collector and businessmen will have to pay a single ta

Published 29 Jan, 2019 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Monday (January 28, 2019).

Published 29 Jan, 2019 12:00am

BRIndex100 edges up

Pakistan Stock Exchange (PSX) Monday started the week on a positive note as investor sentiment remained optimistic following the economic reforms package announced by the government. BRIndex100 gained 16.37 points or 0.38 percent to close at 4,299.39 poin

Published 29 Jan, 2019 12:00am

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (January 28, 2019).

Published 29 Jan, 2019 12:00am

BRIndex100 edges up

Pakistan Stock Exchange (PSX) Monday started the week on a positive note as investor sentiment remained optimistic following the economic reforms package announced by the government. BRIndex100 gained 16.37 points or 0.38 percent to close at 4,299.39 poin

Published 29 Jan, 2019 12:00am

Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Monday (January 28, 2019).

Published 29 Jan, 2019 12:00am

BRIndex100 edges up

Pakistan Stock Exchange (PSX) Monday started the week on a positive note as investor sentiment remained optimistic following the economic reforms package announced by the government. BRIndex100 gained 16.37 points or 0.38 percent to close at 4,299.39 poin

Published 29 Jan, 2019 12:00am

Kerb

Pakistan Economic Indicators

Pakistan Economic Indicators - Monday (January 28, 2019).

Published 29 Jan, 2019 12:00am

Setting up of OMCs: Petroleum Division revising criteria

The Ministry of Energy (Petroleum Division) is in a process of revising the criteria for establishment of Oil Marketing Companies (OMCs) for which a draft summary has been forwarded to the concerned organisations.

Published 29 Jan, 2019 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (January 28, 2019).

Published 29 Jan, 2019 12:00am

Setting up of OMCs: Petroleum Division revising criteria

The Ministry of Energy (Petroleum Division) is in a process of revising the criteria for establishment of Oil Marketing Companies (OMCs) for which a draft summary has been forwarded to the concerned organisations.

Published 29 Jan, 2019 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (January 28, 2019).

Published 29 Jan, 2019 12:00am

Setting up of OMCs: Petroleum Division revising criteria

The Ministry of Energy (Petroleum Division) is in a process of revising the criteria for establishment of Oil Marketing Companies (OMCs) for which a draft summary has been forwarded to the concerned organisations.

Published 29 Jan, 2019 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Monday (January 28, 2019).

Published 29 Jan, 2019 12:00am

Currency

Assignment Accounts: procedure for operation revised

The federal government has revised procedure for operation of Assignment Accounts with discontinuation of special drawing accounts (SDAs), personal ledger accounts (PLAs) and revolving fund accounts (RFA) in local currency by the federal and provincial go

Published 29 Jan, 2019 12:00am

Kerb

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Monday (January 28, 2019).

Updated 29 Jan, 2019 09:25am

Currency

Assignment Accounts: procedure for operation revised

The federal government has revised procedure for operation of Assignment Accounts with discontinuation of special drawing accounts (SDAs), personal ledger accounts (PLAs) and revolving fund accounts (RFA) in local currency by the federal and provincial go

Published 29 Jan, 2019 12:00am

Currency

THE RUPEE: slight changes

The rupee showed slight changes against the dollar on the money market on Monday in the process of trading activity, dealers said. The rupee inched up by one paisa in terms of the dollar for buying at Rs 138.74 and it also gained two paisas for selling at

Published 29 Jan, 2019 12:00am

Currency

Assignment Accounts: procedure for operation revised

The federal government has revised procedure for operation of Assignment Accounts with discontinuation of special drawing accounts (SDAs), personal ledger accounts (PLAs) and revolving fund accounts (RFA) in local currency by the federal and provincial go

Published 29 Jan, 2019 12:00am

Currency

THE RUPEE: slight changes

The rupee showed slight changes against the dollar on the money market on Monday in the process of trading activity, dealers said. The rupee inched up by one paisa in terms of the dollar for buying at Rs 138.74 and it also gained two paisas for selling at

Published 29 Jan, 2019 12:00am

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Japanese Yen / Dec 23	156.63
USD to Swiss Franc / Dec 23	0.90
Pound Sterling to USD / Dec 23	1.26
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
Nasdaq / Dec 20	19,572.60
Dow Jones / Dec 20	42,840.26
India Sensex / Dec 23	78,595.51
Tokyo Nikkei / Dec 23	39,161.34
Hang Seng / Dec 23	19,857.04
FTSE 100 / Dec 23	8,068.16
Germany DAX 30 / Dec 23	19,830.32

Item	Value
Gold 10 Grams PKR / Dec 20	234,311
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10
Crude Oil USD/Barrel / Dec 23	69.79
Gold Spot USD/Ounce / Dec 23	2,632.38
Diesel/Litre / Dec 23	255.38

Stock	Price
First Capital Equities / Dec 23 First Capital Equities Limited(FCEL)	6.15 ▲ 1.00 (19.42%)
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	6.83 ▲ 0.92 (15.57%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Chenab Ltd (Pref) / Dec 23 Chenab Limited (Pref)(CLCPS)	3.75 ▲ 0.36 (10.62%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.72 ▲ 0.45 (10.54%)
Trust Sec.& Brok. / Dec 23 Trust Securities & Brokerage Limited(TSBL)	10.55 ▲ 1.00 (10.47%)
Dawood Equities / Dec 23 Dawood Equities Limited(DEL)	10.63 ▲ 1.00 (10.38%)
HBL Invest Fund / Dec 23 HBL Investment Fund(HIFA)	4.15 ▲ 0.39 (10.37%)

Stock	Price
Sindh Abadgar / Dec 23 Sindh Abadgar's Sugar Mills Limited(SASML)	36.60 ▼ -4.07 (-10.01%)
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	40.87 ▼ -4.54 (-10.00%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	37.72 ▼ -4.19 (-10.00%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	13.96 ▼ -1.55 (-9.99%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
First Tri-Star Mod. / Dec 23 First Tri-Star Modaraba(FTSM)	14.01 ▼ -1.33 (-8.67%)
Dadabhoy Cement / Dec 23 Dadabhoy Cement Industries Limited(DBCI)	6 ▼ -0.54 (-8.26%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.46 ▼ -0.93 (-8.17%)
Burj Clean Energy Modaraba / Dec 23 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.45 ▼ -0.65 (-7.14%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.14
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	66,327,753 ▲ 0.92
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.19
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.37
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 0.76
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	38,585,180 ▲ 1.96
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	35,015,764 ▲ 1.32
P.T.C.L. / Dec 23 Pakistan Telecommunication Company Ltd(PTC)	33,026,526 ▲ 2.58
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.26

Most Popular