AIRLINK 196.38 Increased By ▲ 4.54 (2.37%)
BOP 10.11 Increased By ▲ 0.24 (2.43%)
CNERGY 7.75 Increased By ▲ 0.08 (1.04%)
FCCL 38.10 Increased By ▲ 0.24 (0.63%)
FFL 15.74 Decreased By ▼ -0.02 (-0.13%)
FLYNG 24.54 Decreased By ▼ -0.77 (-3.04%)
HUBC 130.38 Increased By ▲ 0.21 (0.16%)
HUMNL 13.73 Increased By ▲ 0.14 (1.03%)
KEL 4.60 Decreased By ▼ -0.07 (-1.5%)
KOSM 6.19 Decreased By ▼ -0.02 (-0.32%)
MLCF 44.85 Increased By ▲ 0.56 (1.26%)
OGDC 206.51 Decreased By ▼ -0.36 (-0.17%)
PACE 6.58 Increased By ▲ 0.02 (0.3%)
PAEL 39.77 Decreased By ▼ -0.78 (-1.92%)
PIAHCLA 17.20 Decreased By ▼ -0.39 (-2.22%)
PIBTL 7.99 Decreased By ▼ -0.08 (-0.99%)
POWER 9.20 Decreased By ▼ -0.04 (-0.43%)
PPL 178.91 Increased By ▲ 0.35 (0.2%)
PRL 38.93 Decreased By ▼ -0.15 (-0.38%)
PTC 24.31 Increased By ▲ 0.17 (0.7%)
SEARL 109.27 Increased By ▲ 1.42 (1.32%)
SILK 1.00 Increased By ▲ 0.03 (3.09%)
SSGC 37.75 Decreased By ▼ -1.36 (-3.48%)
SYM 18.83 Decreased By ▼ -0.29 (-1.52%)
TELE 8.53 Decreased By ▼ -0.07 (-0.81%)
TPLP 12.14 Decreased By ▼ -0.23 (-1.86%)
TRG 64.76 Decreased By ▼ -1.25 (-1.89%)
WAVESAPP 12.11 Decreased By ▼ -0.67 (-5.24%)
WTL 1.64 Decreased By ▼ -0.06 (-3.53%)
YOUW 3.87 Decreased By ▼ -0.08 (-2.03%)
BR100 12,000 Increased By 69.2 (0.58%)
BR30 35,548 Decreased By -112 (-0.31%)
KSE100 114,256 Increased By 1049.3 (0.93%)
KSE30 35,870 Increased By 304.3 (0.86%)
Print - 2019-02-08
Qureshi rejects Ghani's tweet

Qureshi rejects Ghani's tweet

Foreign Minister Shah Mahmood Qureshi on Thursday rejected a tweet by Afghan President Ashraf Ghani regarding alleged violence against protesters in Khyber Pakhtunkhwa and Balochistan provinces, and called the "irresponsible" statement a "gross interferen
Published 08 Feb, 2019 12:00am
Qureshi rejects Ghani's tweet

Qureshi rejects Ghani's tweet

Foreign Minister Shah Mahmood Qureshi on Thursday rejected a tweet by Afghan President Ashraf Ghani regarding alleged violence against protesters in Khyber Pakhtunkhwa and Balochistan provinces, and called the "irresponsible" statement a "gross interferen
Published 08 Feb, 2019 12:00am
Investors to be fully facilitated: PM

Investors to be fully facilitated: PM

Prime Minister Imran Khan has said investors will be fully facilitated to make investments in the country. Chairing a high-level meeting on investment in Islamabad on Thursday, he noted that foreign investment and especially transfer of technology are imp
Published 08 Feb, 2019 12:00am
Investors to be fully facilitated: PM

Investors to be fully facilitated: PM

Prime Minister Imran Khan has said investors will be fully facilitated to make investments in the country. Chairing a high-level meeting on investment in Islamabad on Thursday, he noted that foreign investment and especially transfer of technology are imp
Published 08 Feb, 2019 12:00am
Investors to be fully facilitated: PM

Investors to be fully facilitated: PM

Prime Minister Imran Khan has said investors will be fully facilitated to make investments in the country. Chairing a high-level meeting on investment in Islamabad on Thursday, he noted that foreign investment and especially transfer of technology are imp
Published 08 Feb, 2019 12:00am
Imran will visit Dubai on February 10

Imran will visit Dubai on February 10

Prime Minister Imran Khan will visit Dubai on 10th February 2019, on a day long visit, on the invitation of Sheikh Mohammad Bin Rashid Al-Maktoum to participate in the 7th edition of the World Government Summit. This annual gathering of heads of states/go
Published 08 Feb, 2019 12:00am
Imran will visit Dubai on February 10

Imran will visit Dubai on February 10

Prime Minister Imran Khan will visit Dubai on 10th February 2019, on a day long visit, on the invitation of Sheikh Mohammad Bin Rashid Al-Maktoum to participate in the 7th edition of the World Government Summit. This annual gathering of heads of states/go
Published 08 Feb, 2019 12:00am
'PBCs timing is not appropriate given rating downgrades'
Libor

'PBCs timing is not appropriate given rating downgrades'

The timing of the issuance of Pakistan Banao Certificates was not appropriate given Fitch's downgrading of Pakistan's long-term currency issuer default rating to 'B-' from 'B' on December 15, 2018 followed more recently by Standard and Poor's downgrading
Published 08 Feb, 2019 12:00am
'PBCs timing is not appropriate given rating downgrades'
Libor

'PBCs timing is not appropriate given rating downgrades'

The timing of the issuance of Pakistan Banao Certificates was not appropriate given Fitch's downgrading of Pakistan's long-term currency issuer default rating to 'B-' from 'B' on December 15, 2018 followed more recently by Standard and Poor's downgrading
Published 08 Feb, 2019 12:00am
''PBCs timing is not appropriate given rating downgrades''
Libor

''PBCs timing is not appropriate given rating downgrades''

The timing of the issuance of Pakistan Banao Certificates was not appropriate given Fitch''s downgrading of Pakistan''s long-term currency issuer default rating to ''B-'' from ''B'' on December 15, 2018 followed more recently by Standard and Poor''s downg
Published 08 Feb, 2019 12:00am
''''PBCs timing is not appropriate given rating downgrades''''
Libor

''''PBCs timing is not appropriate given rating downgrades''''

The timing of the issuance of Pakistan Banao Certificates was not appropriate given Fitch''''s downgrading of Pakistan''''s long-term currency issuer default rating to ''''B-'''' from ''''B'''' on December 15, 2018 followed more recently by Standard and P
Published 08 Feb, 2019 12:00am
The meaning of S&P downgrade

The meaning of S&P downgrade

On 4 February 2019, S&P lowered Pakistan's sovereign credit rating from 'B' to 'B-'. Earlier, in December 2018, Fitch had also lowered its rating of Pakistan from 'B' to 'B-'. Unlike Fitch, which had first modified its outlook component of its rating from
Published 08 Feb, 2019 12:00am
The meaning of S&P downgrade

The meaning of S&P downgrade

On 4 February 2019, S&P lowered Pakistan's sovereign credit rating from 'B' to 'B-'. Earlier, in December 2018, Fitch had also lowered its rating of Pakistan from 'B' to 'B-'. Unlike Fitch, which had first modified its outlook component of its rating from
Published 08 Feb, 2019 12:00am
BoE sees weakest UK outlook since 2009

BoE sees weakest UK outlook since 2009

The Bank of England said Britain faces its weakest economic growth in a decade this year as uncertainty over Brexit mounts and the global economy slows, but interest rates will eventually rise if an EU divorce deal is done. While other major central banks
Published 08 Feb, 2019 12:00am
BoE sees weakest UK outlook since 2009

BoE sees weakest UK outlook since 2009

The Bank of England said Britain faces its weakest economic growth in a decade this year as uncertainty over Brexit mounts and the global economy slows, but interest rates will eventually rise if an EU divorce deal is done. While other major central banks
Published 08 Feb, 2019 12:00am
BoE sees weakest UK outlook since 2009

BoE sees weakest UK outlook since 2009

The Bank of England said Britain faces its weakest economic growth in a decade this year as uncertainty over Brexit mounts and the global economy slows, but interest rates will eventually rise if an EU divorce deal is done. While other major central banks
Published 08 Feb, 2019 12:00am
EU gives May glimpse of Brexit hope

EU gives May glimpse of Brexit hope

British Prime Minister Theresa May came away from a day in an increasingly impatient Brussels on Thursday with a pledge of renewed talks that held out some hope for a new Brexit deal, if no sign of compromise yet. Senior EU officials urged her to grasp an
Published 08 Feb, 2019 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 08 Feb, 2019 12:00am
EU gives May glimpse of Brexit hope

EU gives May glimpse of Brexit hope

British Prime Minister Theresa May came away from a day in an increasingly impatient Brussels on Thursday with a pledge of renewed talks that held out some hope for a new Brexit deal, if no sign of compromise yet. Senior EU officials urged her to grasp an
Published 08 Feb, 2019 12:00am
BRIndex100 extends losses

BRIndex100 extends losses

A bearish trend continued on Pakistan Stock Exchange due to selling in various sectors. BRIndex100 lost 19.3 points or 0.44 percent to close at 4,402.01 points Thursday. BRIndex100 touched intraday high of 4,435.77 and intraday low of 4,398.37 points. Vol
Published 08 Feb, 2019 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 08 Feb, 2019 12:00am
BRIndex100 extends losses

BRIndex100 extends losses

A bearish trend continued on Pakistan Stock Exchange due to selling in various sectors. BRIndex100 lost 19.3 points or 0.44 percent to close at 4,402.01 points Thursday. BRIndex100 touched intraday high of 4,435.77 and intraday low of 4,398.37 points. Vol
Published 08 Feb, 2019 12:00am
BRIndex100 extends losses

BRIndex100 extends losses

A bearish trend continued on Pakistan Stock Exchange due to selling in various sectors. BRIndex100 lost 19.3 points or 0.44 percent to close at 4,402.01 points Thursday. BRIndex100 touched intraday high of 4,435.77 and intraday low of 4,398.37 points. Vol
Published 08 Feb, 2019 12:00am
ECC irked by presentation of 'fudged' figures

ECC irked by presentation of 'fudged' figures

The Economic Coordination Committee (ECC) of the Cabinet has reportedly expressed annoyance at the National Telecommunication Authority (NTC) for presenting "fudged" figures to get approval of revised estimates 2017-18 and budget estimates 2018-19, well-i
Published 08 Feb, 2019 12:00am
ECC irked by presentation of 'fudged' figures

ECC irked by presentation of 'fudged' figures

The Economic Coordination Committee (ECC) of the Cabinet has reportedly expressed annoyance at the National Telecommunication Authority (NTC) for presenting "fudged" figures to get approval of revised estimates 2017-18 and budget estimates 2018-19, well-i
Published 08 Feb, 2019 12:00am
ECC irked by presentation of ''fudged'' figures

ECC irked by presentation of ''fudged'' figures

The Economic Coordination Committee (ECC) of the Cabinet has reportedly expressed annoyance at the National Telecommunication Authority (NTC) for presenting "fudged" figures to get approval of revised estimates 2017-18 and budget estimates 2018-19, well-i
Published 08 Feb, 2019 12:00am
Government hints at setting up power wholesale market

Government hints at setting up power wholesale market

The federal government has hinted at establishing an electricity wholesale market by mid 2021 by transforming Central Power Purchasing Agency -Guaranteed (CPPA-G) into an Independent Market Operator (IMO) aimed at providing a platform for balancing and se
Published 08 Feb, 2019 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (February 07, 2019).

Published 08 Feb, 2019 12:00am
Government hints at setting up power wholesale market

Government hints at setting up power wholesale market

The federal government has hinted at establishing an electricity wholesale market by mid 2021 by transforming Central Power Purchasing Agency -Guaranteed (CPPA-G) into an Independent Market Operator (IMO) aimed at providing a platform for balancing and se
Published 08 Feb, 2019 12:00am
Government hints at setting up power wholesale market

Government hints at setting up power wholesale market

The federal government has hinted at establishing an electricity wholesale market by mid 2021 by transforming Central Power Purchasing Agency -Guaranteed (CPPA-G) into an Independent Market Operator (IMO) aimed at providing a platform for balancing and se
Published 08 Feb, 2019 12:00am
'Discussions with IMF in positive direction'

'Discussions with IMF in positive direction'

Minister of State for Revenue Muhammad Hammad Azhar has said that discussions with the International Monetary Fund (IMF) are going in a positive direction and there has been some improvement with reference to initial conditionalities. Addressing a press c
Published 08 Feb, 2019 12:00am
'Discussions with IMF in positive direction'

'Discussions with IMF in positive direction'

Minister of State for Revenue Muhammad Hammad Azhar has said that discussions with the International Monetary Fund (IMF) are going in a positive direction and there has been some improvement with reference to initial conditionalities. Addressing a press c
Published 08 Feb, 2019 12:00am
''Discussions with IMF in positive direction''

''Discussions with IMF in positive direction''

Minister of State for Revenue Muhammad Hammad Azhar has said that discussions with the International Monetary Fund (IMF) are going in a positive direction and there has been some improvement with reference to initial conditionalities. Addressing a press c
Published 08 Feb, 2019 12:00am
THE RUPEE: rates firm
Currency

THE RUPEE: rates firm

Firmness prevailed on the money market on Thursday as the rupee showed no major change in terms of the dollar in the process of trrading activity, dealers said The rupee was almost unchanged in relation to the dollar for buying and selling at Rs 138.22 an
Published 08 Feb, 2019 12:00am
Another request to Switzerland made: Azhar

Another request to Switzerland made: Azhar

Minister of State for Revenue Muhammad Hammad Azhar said on Thursday that the government is seeking foreign bank accounts data of Pakistanis from 10 more foreign tax jurisdictions including Switzerland under the Organisation for Economic Cooperation and D
Published 08 Feb, 2019 12:00am
THE RUPEE: rates firm
Currency

THE RUPEE: rates firm

Firmness prevailed on the money market on Thursday as the rupee showed no major change in terms of the dollar in the process of trrading activity, dealers said The rupee was almost unchanged in relation to the dollar for buying and selling at Rs 138.22 an
Published 08 Feb, 2019 12:00am
Another request to Switzerland made: Azhar

Another request to Switzerland made: Azhar

Minister of State for Revenue Muhammad Hammad Azhar said on Thursday that the government is seeking foreign bank accounts data of Pakistanis from 10 more foreign tax jurisdictions including Switzerland under the Organisation for Economic Cooperation and D
Published 08 Feb, 2019 12:00am
Another request to Switzerland made: Azhar

Another request to Switzerland made: Azhar

Minister of State for Revenue Muhammad Hammad Azhar said on Thursday that the government is seeking foreign bank accounts data of Pakistanis from 10 more foreign tax jurisdictions including Switzerland under the Organisation for Economic Cooperation and D
Published 08 Feb, 2019 12:00am
PAC chief: Government demands Shahbaz's resignation

PAC chief: Government demands Shahbaz's resignation

Months after acceding to the demand of the opposition parties to give chairmanship of Public Accounts Committee (PAC) to Opposition Leader in National Assembly Shehbaz Sharif, the government on Thursday demanded Sharif's resignation as head of the top par
Published 08 Feb, 2019 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (February 07, 2019).

Published 08 Feb, 2019 12:00am
PAC chief: Government demands Shahbaz's resignation

PAC chief: Government demands Shahbaz's resignation

Months after acceding to the demand of the opposition parties to give chairmanship of Public Accounts Committee (PAC) to Opposition Leader in National Assembly Shehbaz Sharif, the government on Thursday demanded Sharif's resignation as head of the top par
Published 08 Feb, 2019 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (February 07, 2019).

Published 08 Feb, 2019 12:00am
PM must tender resignation in 'helicopter' case: PML-N

PM must tender resignation in 'helicopter' case: PML-N

Pakistan Muslim League-Nawaz (PML-N) has demanded Prime Minister Imran Khan to immediately step down and face the corruption cases in National Accountability Bureau (NAB). Spokesperson PML-N Marriyum Aurangzeb said that Khan must tender his resignation in
Published 08 Feb, 2019 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 (February 07, 2019).

Published 08 Feb, 2019 12:00am
PM must tender resignation in 'helicopter' case: PML-N

PM must tender resignation in 'helicopter' case: PML-N

Pakistan Muslim League-Nawaz (PML-N) has demanded Prime Minister Imran Khan to immediately step down and face the corruption cases in National Accountability Bureau (NAB). Spokesperson PML-N Marriyum Aurangzeb said that Khan must tender his resignation in
Published 08 Feb, 2019 12:00am
Ashiana case: Shahbaz to be indicted on February 18

Ashiana case: Shahbaz to be indicted on February 18

Pakistan Muslim League-Nawaz (PML-N) President and leader of the opposition in the National Assembly Shahbaz Sharif will be indicted in the Ashiana Iqbal Housing scandal case on February 18. He was arrested on October 5, 2018 in connection with the Ashian
Published 08 Feb, 2019 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (February 07, 2019)

Published 08 Feb, 2019 12:00am
Ashiana case: Shahbaz to be indicted on February 18

Ashiana case: Shahbaz to be indicted on February 18

Pakistan Muslim League-Nawaz (PML-N) President and leader of the opposition in the National Assembly Shahbaz Sharif will be indicted in the Ashiana Iqbal Housing scandal case on February 18. He was arrested on October 5, 2018 in connection with the Ashian
Published 08 Feb, 2019 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (February 07, 2019).

Published 08 Feb, 2019 12:00am
Nawaz shifted back to Kot Lakhpat prison

Nawaz shifted back to Kot Lakhpat prison

Former Prime Minister Nawaz Sharif was taken back to Kot Lakpat prison from Services Hospital on Thursday after his refusal to be shifted to the Punjab Institute of Cardiology (PIC). Nawaz, who is currently serving his prison sentence awarded in the Al-Az
Published 08 Feb, 2019 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 08 Feb, 2019 12:00am
Nawaz shifted back to Kot Lakhpat prison

Nawaz shifted back to Kot Lakhpat prison

Former Prime Minister Nawaz Sharif was taken back to Kot Lakpat prison from Services Hospital on Thursday after his refusal to be shifted to the Punjab Institute of Cardiology (PIC). Nawaz, who is currently serving his prison sentence awarded in the Al-Az
Published 08 Feb, 2019 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 08 Feb, 2019 12:00am
Reserves up by $82 million to $14.885 billion

Reserves up by $82 million to $14.885 billion

The country's total liquid foreign reserves increased by $82 million during the last week. According to State Bank of Pakistan (SBP), the total liquid foreign exchange reserves held by the country stood at $14.885 billion as on 1 February 2019 compared to
Published 08 Feb, 2019 12:00am
The Weather

The Weather

The weather report on Thursday (February 07, 2019) and the forecast for Friday (February 08, 2019).

Published 08 Feb, 2019 12:00am
Reserves up by $82 million to $14.885 billion

Reserves up by $82 million to $14.885 billion

The country's total liquid foreign reserves increased by $82 million during the last week. According to State Bank of Pakistan (SBP), the total liquid foreign exchange reserves held by the country stood at $14.885 billion as on 1 February 2019 compared to
Published 08 Feb, 2019 12:00am
Reserves up by $82 million to $14.885 billion

Reserves up by $82 million to $14.885 billion

The country''s total liquid foreign reserves increased by $82 million during the last week. According to State Bank of Pakistan (SBP), the total liquid foreign exchange reserves held by the country stood at $14.885 billion as on 1 February 2019 compared t
Published 08 Feb, 2019 12:00am
New vehicles: No notification yet on lifting of curbs on non-filers

New vehicles: No notification yet on lifting of curbs on non-filers

The federal government has so far not issued any notification regarding the abolishment of restriction imposed on non-filers for the purchase of new vehicles. The government through Finance Supplementary (Second Amendment Bill) 2019 proposed Clause 4(8) a
Published 08 Feb, 2019 12:00am
New vehicles: No notification yet on lifting of curbs on non-filers

New vehicles: No notification yet on lifting of curbs on non-filers

The federal government has so far not issued any notification regarding the abolishment of restriction imposed on non-filers for the purchase of new vehicles. The government through Finance Supplementary (Second Amendment Bill) 2019 proposed Clause 4(8) a
Published 08 Feb, 2019 12:00am
New vehicles: No notification yet on lifting of curbs on non-filers

New vehicles: No notification yet on lifting of curbs on non-filers

The federal government has so far not issued any notification regarding the abolishment of restriction imposed on non-filers for the purchase of new vehicles. The government through Finance Supplementary (Second Amendment Bill) 2019 proposed Clause 4(8) a
Published 08 Feb, 2019 12:00am
Malik Riaz allowed to submit apology

Malik Riaz allowed to submit apology

The Supreme Court on Thursday allowed real estate tycoon Malik Riaz to submit unconditional apology within two weeks in a contempt case against him for ridiculing the judiciary. Dr Abdul Basit, the counsel for the chairman Bahria Town, while referring to
Published 08 Feb, 2019 12:00am