News Archives for Print - 2019-03-01

The Federal Board of Revenue's (FBR) provisional revenue collection stood at Rs 2,328 billion during July-February (2018-19) period against the assigned target of Rs 2,565 billion for the first eight months of the current fiscal year, reflecting a shortfa

Published 01 Mar, 2019 12:00am

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Thursday (February 28, 2019)

Published 01 Mar, 2019 12:00am

July-February 2018-19: Rs 237 billion shortfall in collection

The Federal Board of Revenue's (FBR) provisional revenue collection stood at Rs 2,328 billion during July-February (2018-19) period against the assigned target of Rs 2,565 billion for the first eight months of the current fiscal year, reflecting a shortfa

Published 01 Mar, 2019 12:00am

Cross Transactions between Client to Client & Financial Institutions

The following were the cross transactions between client to client & financial institutions here on Thursday (February 28, 2019).

Published 01 Mar, 2019 12:00am

July-February 2018-19: Rs 237 billion shortfall in collection

The Federal Board of Revenue''s (FBR) provisional revenue collection stood at Rs 2,328 billion during July-February (2018-19) period against the assigned target of Rs 2,565 billion for the first eight months of the current fiscal year, reflecting a shortf

Published 01 Mar, 2019 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (February 28, 2019).

Published 01 Mar, 2019 12:00am

Saudi FM due today

Joining the countries offering mediation in the wake of heightening tension between Pakistan and India, Saudi Minister of State for Foreign Affairs Adel al-Jubeir is arriving today (Friday) with a special message of Crown Prince Mohammed bin Salman.

Published 01 Mar, 2019 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (February 28, 2019).

Published 01 Mar, 2019 12:00am

Saudi FM due today

Joining the countries offering mediation in the wake of heightening tension between Pakistan and India, Saudi Minister of State for Foreign Affairs Adel al-Jubeir is arriving today (Friday) with a special message of Crown Prince Mohammed bin Salman.

Published 01 Mar, 2019 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (February 28, 2019).

Published 01 Mar, 2019 12:00am

Rampant smuggling: NA body wants FBR to plug loopholes, enhance revenue mobilization

National Assembly Standing Committee on Finance has expressed grave concern over loss of revenue as a result of rampant smuggling and wanted Federal Board of Revenue (FBR) to prioritise projects to plug loopholes and enhance revenue mobilisation.

Published 01 Mar, 2019 12:00am

Currency

THE RUPEE: mixed patterns

The rupee adopted divergent trend against the dollar on the local currency market on Thursday amid rising expectations of solution of disturbing situation at the LoC, market men said.

Published 01 Mar, 2019 12:00am

Rampant smuggling: NA body wants FBR to plug loopholes, enhance revenue mobilization

National Assembly Standing Committee on Finance has expressed grave concern over loss of revenue as a result of rampant smuggling and wanted Federal Board of Revenue (FBR) to prioritise projects to plug loopholes and enhance revenue mobilisation.

Published 01 Mar, 2019 12:00am

Currency

THE RUPEE: mixed patterns

The rupee adopted divergent trend against the dollar on the local currency market on Thursday amid rising expectations of solution of disturbing situation at the LoC, market men said.

Published 01 Mar, 2019 12:00am

Rampant smuggling: NA body wants FBR to plug loopholes, enhance revenue mobilization

National Assembly Standing Committee on Finance has expressed grave concern over loss of revenue as a result of rampant smuggling and wanted Federal Board of Revenue (FBR) to prioritise projects to plug loopholes and enhance revenue mobilisation.

Published 01 Mar, 2019 12:00am

Kerb

Kerb buying and selling rate of US dollar

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

Published 01 Mar, 2019 12:00am

Account opening by Afghan DPs: banks asked to accept PoR Card as valid document

Banks have been asked to accept Proof of Registration (PoR) Card held by Afghan refugees as valid identity document for account opening. Nadra has informed the State Bank of Pakistan (SBP) that biometric verification for opening bank accounts of Afghan re

Published 01 Mar, 2019 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Thursday (February 28, 2019).

Published 01 Mar, 2019 12:00am

Account opening by Afghan DPs: banks asked to accept PoR Card as valid document

Banks have been asked to accept Proof of Registration (PoR) Card held by Afghan refugees as valid identity document for account opening. Nadra has informed the State Bank of Pakistan (SBP) that biometric verification for opening bank accounts of Afghan re

Published 01 Mar, 2019 12:00am

Shipping Intelligence

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

Published 01 Mar, 2019 12:00am

Account opening by Afghan DPs: banks asked to accept PoR Card as valid document

Banks have been asked to accept Proof of Registration (PoR) Card held by Afghan refugees as valid identity document for account opening. Nadra has informed the State Bank of Pakistan (SBP) that biometric verification for opening bank accounts of Afghan re

Published 01 Mar, 2019 12:00am

Shipping Intelligence

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

Published 01 Mar, 2019 12:00am

US businesses remain optimistic about future economic environment

The perception survey conducted in 2018/19 gauged the satisfaction of ABC members regarding various economic, regulatory and political factors that affect the performance and growth of businesses operating in Pakistan. 50% of respondents rated the "busine

Published 01 Mar, 2019 12:00am

Cotton

Pakistan Mercantile Exchange - PMEX

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

Published 01 Mar, 2019 12:00am

US businesses remain optimistic about future economic environment

The perception survey conducted in 2018/19 gauged the satisfaction of ABC members regarding various economic, regulatory and political factors that affect the performance and growth of businesses operating in Pakistan. 50% of respondents rated the "busine

Published 01 Mar, 2019 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Thursday (February 28, 2019).

Published 01 Mar, 2019 12:00am

US businesses remain optimistic about future economic environment

The perception survey conducted in 2018/19 gauged the satisfaction of ABC members regarding various economic, regulatory and political factors that affect the performance and growth of businesses operating in Pakistan. 50% of respondents rated the "busine

Published 01 Mar, 2019 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (February 28, 2019)

Published 01 Mar, 2019 12:00am

Zubyr Soomro made NBP chairman

The Federal Cabinet on Thursday reaffirmed Pakistan's firm commitment to peace and stability while fully protecting its sovereignty, preserving territorial integrity and responding with full force in case of any external aggression.

Published 01 Mar, 2019 12:00am

Cotton Spot Rates

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

Published 01 Mar, 2019 12:00am

Zubyr Soomro made NBP chairman

The Federal Cabinet on Thursday reaffirmed Pakistan's firm commitment to peace and stability while fully protecting its sovereignty, preserving territorial integrity and responding with full force in case of any external aggression.

Published 01 Mar, 2019 12:00am

LME official prices

The following were Wednesday official prices.

Published 01 Mar, 2019 12:00am

Zubyr Soomro made NBP chairman

The Federal Cabinet on Thursday reaffirmed Pakistan''s firm commitment to peace and stability while fully protecting its sovereignty, preserving territorial integrity and responding with full force in case of any external aggression.

Published 01 Mar, 2019 12:00am

LME official prices

The following were Wednesday official prices.

Published 01 Mar, 2019 12:00am

Partial increase in all prices of POL products

The federal government on Thursday notified partial increase in the prices of all petroleum products for the month of March. In monthly review, the government has increased the price of motor spirit (MS) by Rs 2.50 per litre. The price of high speed diese

Published 01 Mar, 2019 12:00am

The Weather

The weather report on Thursday (February 28, 2019) and the forecast for Friday (March 01, 2019).

Published 01 Mar, 2019 12:00am

Partial increase in all prices of POL products

The federal government on Thursday notified partial increase in the prices of all petroleum products for the month of March. In monthly review, the government has increased the price of motor spirit (MS) by Rs 2.50 per litre. The price of high speed diese

Published 01 Mar, 2019 12:00am

Partial increase in all prices of POL products

The federal government on Thursday notified partial increase in the prices of all petroleum products for the month of March. In monthly review, the government has increased the price of motor spirit (MS) by Rs 2.50 per litre. The price of high speed diese

Published 01 Mar, 2019 12:00am

Examining the 'Duty Draw Back Bonds'

The Government of Pakistan is planning to issue "Federal Government Duty Draw Back Bonds" with a view to settling past obligations that became due a long time ago but were not discharged. In this connection draft rules are presently under circulation for

Published 01 Mar, 2019 12:00am

Examining the 'Duty Draw Back Bonds'

The Government of Pakistan is planning to issue "Federal Government Duty Draw Back Bonds" with a view to settling past obligations that became due a long time ago but were not discharged. In this connection draft rules are presently under circulation for

Published 01 Mar, 2019 12:00am

Examining the ''Duty Draw Back Bonds''

The Government of Pakistan is planning to issue "Federal Government Duty Draw Back Bonds" with a view to settling past obligations that became due a long time ago but were not discharged. In this connection draft rules are presently under circulation for

Published 01 Mar, 2019 12:00am

Examining the ''''Duty Draw Back Bonds''''

The Government of Pakistan is planning to issue "Federal Government Duty Draw Back Bonds" with a view to settling past obligations that became due a long time ago but were not discharged. In this connection draft rules are presently under circulation for

Published 01 Mar, 2019 12:00am

Examining the ''''''''Duty Draw Back Bonds''''''''

The Government of Pakistan is planning to issue "Federal Government Duty Draw Back Bonds" with a view to settling past obligations that became due a long time ago but were not discharged. In this connection draft rules are presently under circulation for

Published 01 Mar, 2019 12:00am

Indian fighter pilot to be released today as 'peace gesture': PM

Prime Minister Imran Khan announced on Thursday that Indian pilot Abhi Nandan, who was captured on Wednesday, will be released today (Friday) to de-escalate tensions with the arch-rival neighbour. "As a peace gesture, we will be releasing the Indian pilot

Published 01 Mar, 2019 12:00am

Indian fighter pilot to be released today as 'peace gesture': PM

Prime Minister Imran Khan announced on Thursday that Indian pilot Abhi Nandan, who was captured on Wednesday, will be released today (Friday) to de-escalate tensions with the arch-rival neighbour. "As a peace gesture, we will be releasing the Indian pilot

Published 01 Mar, 2019 12:00am

Putin hopes for quick settlement

Russian President Vladimir Putin told Indian Prime Minister Narendra Modi in a phone call that he hopes for a quick settlement of a crisis between India and Pakistan, the Kremlin said in a statement. Both leaders also expressed their interests in further

Published 01 Mar, 2019 12:00am

Putin hopes for quick settlement

Russian President Vladimir Putin told Indian Prime Minister Narendra Modi in a phone call that he hopes for a quick settlement of a crisis between India and Pakistan, the Kremlin said in a statement. Both leaders also expressed their interests in further

Published 01 Mar, 2019 12:00am

Pulwama dossier to be examined: FO

The Foreign Office said on Thursday that Pakistan has received an Indian dossier about the alleged complicity of Jaish-e-Mohammad (JeM) in the Pulwama attack which will be ascertained in order to find out whether or not it contains any actionable intellig

Published 01 Mar, 2019 12:00am

Pulwama dossier to be examined: FO

The Foreign Office said on Thursday that Pakistan has received an Indian dossier about the alleged complicity of Jaish-e-Mohammad (JeM) in the Pulwama attack which will be ascertained in order to find out whether or not it contains any actionable intellig

Published 01 Mar, 2019 12:00am

Trump says 'we've some reasonably decent news'

US President Donald Trump on Thursday said that there is "reasonably decent" news coming from India and Pakistan. "We have I think reasonably attractive news from Pakistan and India," said Trump at a news conference in Vietnam after a second summit with N

Published 01 Mar, 2019 12:00am

Trump says 'we've some reasonably decent news'

US President Donald Trump on Thursday said that there is "reasonably decent" news coming from India and Pakistan. "We have I think reasonably attractive news from Pakistan and India," said Trump at a news conference in Vietnam after a second summit with N

Published 01 Mar, 2019 12:00am

Modi still showing belligerence

Prime Minister Narendra Modi asked Indians Thursday to "stand as a wall". The prime minister urged his countrymen to unite "as the enemy seeks to destabilise India". Protesters belonging to Narendra Modi's BJP set ablaze Pakistan's national flag outside t

Published 01 Mar, 2019 12:00am

Modi still showing belligerence

Prime Minister Narendra Modi asked Indians Thursday to "stand as a wall". The prime minister urged his countrymen to unite "as the enemy seeks to destabilise India". Protesters belonging to Narendra Modi's BJP set ablaze Pakistan's national flag outside t

Published 01 Mar, 2019 12:00am

Airspace temporarily restored

The Civil Aviation Authority (CAA) has temporarily restored Pakistani airspace for commercial aviation Thursday, allowing some flights to operate as air traffic remained suspended due to Pakistan-India tensions. At least three commercial flights departed

Published 01 Mar, 2019 12:00am

Airspace temporarily restored

The Civil Aviation Authority (CAA) has temporarily restored Pakistani airspace for commercial aviation Thursday, allowing some flights to operate as air traffic remained suspended due to Pakistan-India tensions. At least three commercial flights departed

Published 01 Mar, 2019 12:00am

Airspace temporarily restored

The Civil Aviation Authority (CAA) has temporarily restored Pakistani airspace for commercial aviation Thursday, allowing some flights to operate as air traffic remained suspended due to Pakistan-India tensions. At least three commercial flights departed

Published 01 Mar, 2019 12:00am

Tensions ground thousands of air travellers

Thousands of air travellers worldwide were left stranded on Thursday after Pakistan closed its airspace in response to escalating tensions with India. Pakistan's Civil Aviation Authority (CAA) said it would keep airspace shut until 11.59pm local time (185

Published 01 Mar, 2019 12:00am

Tensions ground thousands of air travellers

Thousands of air travellers worldwide were left stranded on Thursday after Pakistan closed its airspace in response to escalating tensions with India. Pakistan's Civil Aviation Authority (CAA) said it would keep airspace shut until 11.59pm local time (185

Published 01 Mar, 2019 12:00am

Tensions ground thousands of air travellers

Thousands of air travellers worldwide were left stranded on Thursday after Pakistan closed its airspace in response to escalating tensions with India. Pakistan''s Civil Aviation Authority (CAA) said it would keep airspace shut until 11.59pm local time (18

Published 01 Mar, 2019 12:00am

Armed forces on high alert

Pakistan Armed Forces are on high alert with all required safeguards along the Line of Control (LoC) and Working Boundary in place to thwart any Indian aggression. The military media wing, Inter-Services Public Relations (ISPR), Thursday said that conting

Published 01 Mar, 2019 12:00am

Armed forces on high alert

Pakistan Armed Forces are on high alert with all required safeguards along the Line of Control (LoC) and Working Boundary in place to thwart any Indian aggression. The military media wing, Inter-Services Public Relations (ISPR), Thursday said that conting

Published 01 Mar, 2019 12:00am

Investors give India-Pakistan peace a chance

Clashes between India and Pakistan are causing geopolitical jitters, but investors aren't feeling them too much. Modest movements in stocks and bond yields in both countries suggest limited, if any, escalation is expected. Indeed, both sides have too much

Published 01 Mar, 2019 12:00am

Investors give India-Pakistan peace a chance

Clashes between India and Pakistan are causing geopolitical jitters, but investors aren't feeling them too much. Modest movements in stocks and bond yields in both countries suggest limited, if any, escalation is expected. Indeed, both sides have too much

Published 01 Mar, 2019 12:00am

Investors give India-Pakistan peace a chance

Clashes between India and Pakistan are causing geopolitical jitters, but investors aren''t feeling them too much. Modest movements in stocks and bond yields in both countries suggest limited, if any, escalation is expected. Indeed, both sides have too muc

Published 01 Mar, 2019 12:00am

Investors give India-Pakistan peace a chance

Clashes between India and Pakistan are causing geopolitical jitters, but investors aren''''t feeling them too much. Modest movements in stocks and bond yields in both countries suggest limited, if any, escalation is expected. Indeed, both sides have too m

Published 01 Mar, 2019 12:00am

Cotton

Pakistan still uses ad hoc trade policy instruments: WB

Pakistan still uses ad-hoc trade policy instruments despite its focus on promoting private sector investment and export led growth, undermining the predictability of its trade regime, says the World Bank (WB). WB in its latest report, "Distortions to Agri

Published 01 Mar, 2019 12:00am

Cotton

Pakistan still uses ad hoc trade policy instruments: WB

Pakistan still uses ad-hoc trade policy instruments despite its focus on promoting private sector investment and export led growth, undermining the predictability of its trade regime, says the World Bank (WB). WB in its latest report, "Distortions to Agri

Published 01 Mar, 2019 12:00am

Cotton

Pakistan still uses ad hoc trade policy instruments: WB

Pakistan still uses ad-hoc trade policy instruments despite its focus on promoting private sector investment and export led growth, undermining the predictability of its trade regime, says the World Bank (WB). WB in its latest report, "Distortions to Agri

Published 01 Mar, 2019 12:00am

Cotton

Pakistan still uses ad hoc trade policy instruments: WB

Pakistan still uses ad-hoc trade policy instruments despite its focus on promoting private sector investment and export led growth, undermining the predictability of its trade regime, says the World Bank (WB). WB in its latest report, "Distortions to Agri

Published 01 Mar, 2019 12:00am

Rs 5.39 billion proposed for 26 projects under PSDP

A total amount of Rs 5.39 billion has been proposed for 26 projects of Ministry of Planning, Development and Reform under the Public Sector Development Programme (PSDP) for the financial year 2019-20. According to documents of budgetary proposals of the m

Published 01 Mar, 2019 12:00am

Rs 5.39 billion proposed for 26 projects under PSDP

A total amount of Rs 5.39 billion has been proposed for 26 projects of Ministry of Planning, Development and Reform under the Public Sector Development Programme (PSDP) for the financial year 2019-20. According to documents of budgetary proposals of the m

Published 01 Mar, 2019 12:00am

Rs 5.39 billion proposed for 26 projects under PSDP

A total amount of Rs 5.39 billion has been proposed for 26 projects of Ministry of Planning, Development and Reform under the Public Sector Development Programme (PSDP) for the financial year 2019-20. According to documents of budgetary proposals of the m

Published 01 Mar, 2019 12:00am

Currency	Rate
USD PKR Interbank Selling / Feb 14	279.27
USD PKR Interbank Buying / Feb 14	279.07
USD to Japanese Yen / Feb 14	152.31
USD to Swiss Franc / Feb 14	0.90
Pound Sterling to USD / Feb 14	1.26
Euro to USD / Feb 14	1.05
UK LIBOR % / Feb 14	4.96

Stock	Volume
S&P 500 / Feb 14	6,114.63
India Sensex / Feb 14	75,939.21
Tokyo Nikkei / Feb 14	39,149.43
Nasdaq / Feb 14	20,026.77
Hang Seng / Feb 14	22,620.33
FTSE 100 / Feb 14	8,732.46
Dow Jones / Feb 14	44,546.08
Germany DAX 30 / Feb 14	22,513.42
France CAC40 / Feb 14	8,178.54

Item	Value
Crude Oil USD/Barrel / Feb 14	70.74
Karachi Cotton PKR/37.32 KG / Feb 14	17,785
Gold 10 Grams PKR / Feb 14	262,517
Gold Spot USD/Ounce / Feb 14	2,882.53
Cotton US¢/pound / Feb 14	68.31
Petrol/Litre / Feb 16	256.13
Diesel/Litre / Feb 16	263.95

Stock	Price
At-Tahur Ltd. / Feb 14 At-Tahur Limited(PREMA)	35.26 ▲ 3.21 (10.02%)
Saritow Spinning / Feb 14 Saritow Spinning Mills Limited(SSML)	23.84 ▲ 2.17 (10.01%)
Leather Up Ltd. / Feb 14 Leather Up Limited(LEUL)	38.02 ▲ 3.46 (10.01%)
Lucky Cement / Feb 14 Lucky Cement Limited(LUCK)	1,366.37 ▲ 124.22 (10%)
Suhail Jute / Feb 14 Suhail Jute Mills Limited(SUHJ)	108.35 ▲ 9.85 (10%)
Agriautos Ind. / Feb 14 Agriauto Industries Limited(AGIL)	115.49 ▲ 10.5 (10%)
Mandviwala / Feb 14 Mandviwala Mauser Plastic Industries(MWMP)	20.48 ▲ 1.86 (9.99%)
Sindh Abadgar / Feb 14 Sindh Abadgar's Sugar Mills Limited(SASML)	50.08 ▲ 4.55 (9.99%)
Popular Islamic / Feb 14 Popular Islamic Modaraba(PIM)	12.37 ▲ 1.04 (9.18%)
F.Credit & Inv / Feb 14 First Credit and Investment Bank Limited(FCIBL)	8.39 ▲ 0.7 (9.1%)

Stock	Price
Dewan Textile / Feb 14 Dewan Textile Mills Limited(DWTM)	6.80 ▼ -0.99 (-12.71%)
TPL Trakker Ltd / Feb 14 TPL Trakker Limited(TPLT)	7.55 ▼ -0.93 (-10.97%)
I.C.C. Ind. / Feb 14 ICC Industries Limited(ICCI)	10.77 ▼ -1.2 (-10.03%)
Redco Textile / Feb 14 Redco Textiles Limited(REDCO)	22.60 ▼ -2.51 (-10%)
Engro Powergen / Feb 14 Engro Powergen Qadirpur Limited(EPQL)	25.78 ▼ -2.86 (-9.99%)
D.M. Textile / Feb 14 D.M. Textile Mills Limited(DMTX)	63 ▼ -6.99 (-9.99%)
Universal Ins. / Feb 14 The Universal Insurance Company Limited(UVIC)	12.91 ▼ -1.43 (-9.97%)
Sakrand Sugar / Feb 14 Sakrand Sugar Mills Limited(SKRS)	12.11 ▼ -1.34 (-9.96%)
Idrees Tex. / Feb 14 Idrees Textile Mills Limited(IDRT)	12.81 ▼ -1.41 (-9.92%)
Sui South Gas / Feb 14 Sui Southern Gas Company Limited(SSGC)	32.68 ▼ -3.56 (-9.82%)

Stock	Volume
B.O.Punjab / Feb 14 The Bank of Punjab(BOP)	79,317,612 ▼ -0.66
Lotte Chemical / Feb 14 Lotte Chemical Pakistan Limited(LOTCHEM)	72,104,503 ▼ -1.12
Power Cement / Feb 14 Power Cement Limited(POWER)	40,290,839 ▼ -0.18
Sui South Gas / Feb 14 Sui Southern Gas Company Limited(SSGC)	32,711,461 ▼ -3.56
Hascol Petrol / Feb 14 Hascol Petroleum Limited(HASCOL)	31,600,150 ▼ -0.41
Dewan Motors / Feb 14 Dewan Farooque Motors Limited(DFML)	31,281,602 ▼ -2.6
Cnergyico PK / Feb 14 Cnergyico PK Limited(CNERGY)	20,508,125 ▼ -0.25
Fauji Foods Ltd / Feb 14 Fauji Foods Limited(FFL)	20,173,357 ▼ -0.24
Fauji Cement / Feb 14 Fauji Cement Company Limited(FCCL)	16,904,777 ▼ -1.09
WorldCall Telecom / Feb 14 Worldcall Telecom Limited(WTL)	16,467,161 ▼ -0.04

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