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Feb 01, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2019-05-18
Xi says no civilisation superior
Exchange

Xi says no civilisation superior

The President of China, Xi Jinping speaks philosophy and metaphysics. Is there any doubt about this fact. Addressing a forum the other day, he pointed out that Chinese civilisation was an "open system" that had continuously had exchanges and learned from
Published 18 May, 2019 12:00am
PM gives green light to E-cars, green economy initiatives

PM gives green light to E-cars, green economy initiatives

Adviser to Prime Minister on Climate Change Malik Amin Aslam Friday said Prime Minister Imran Khan has given green signal for adopting electric cars and green economy initiatives. The prime minister while chairing the first meeting of the Committee on Cli
Published 18 May, 2019 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 18 May, 2019 12:00am
PM gives green light to E-cars, green economy initiatives

PM gives green light to E-cars, green economy initiatives

Adviser to Prime Minister on Climate Change Malik Amin Aslam Friday said Prime Minister Imran Khan has given green signal for adopting electric cars and green economy initiatives. The prime minister while chairing the first meeting of the Committee on Cli
Published 18 May, 2019 12:00am
PM gives green light to E-cars, green economy initiatives

PM gives green light to E-cars, green economy initiatives

Adviser to Prime Minister on Climate Change Malik Amin Aslam Friday said Prime Minister Imran Khan has given green signal for adopting electric cars and green economy initiatives. The prime minister while chairing the first meeting of the Committee on Cli
Published 18 May, 2019 12:00am
SNGPL, SSGCL allowed increase in gas prices
Exchange

SNGPL, SSGCL allowed increase in gas prices

The Oil and Gas Regulatory Authority (OGRA) has allowed Sui Northern Gas Pipelines Limited (SNGPL) an average gas price increase by 47 percent and Sui Southern Gas Company Limited (SSGCL) an average price increase by 28 percent for financial year 2019-20.
Published 18 May, 2019 12:00am
SNGPL, SSGCL allowed increase in gas prices
Exchange

SNGPL, SSGCL allowed increase in gas prices

The Oil and Gas Regulatory Authority (OGRA) has allowed Sui Northern Gas Pipelines Limited (SNGPL) an average gas price increase by 47 percent and Sui Southern Gas Company Limited (SSGCL) an average price increase by 28 percent for financial year 2019-20.
Published 18 May, 2019 12:00am
SNGPL, SSGCL allowed increase in gas prices
Exchange

SNGPL, SSGCL allowed increase in gas prices

The Oil and Gas Regulatory Authority (OGRA) has allowed Sui Northern Gas Pipelines Limited (SNGPL) an average gas price increase by 47 percent and Sui Southern Gas Company Limited (SSGCL) an average price increase by 28 percent for financial year 2019-20.
Published 18 May, 2019 12:00am
Brexit talks collapse as May's premiership crumbles

Brexit talks collapse as May's premiership crumbles

Britain's tumultuous divorce from the European Union was again in disarray on Friday after the opposition Labour Party declared last-ditch talks dead due to Prime Minister Theresa May's crumbling government. Nearly three years after the United Kingdom vot
Published 18 May, 2019 12:00am
Brexit talks collapse as May's premiership crumbles

Brexit talks collapse as May's premiership crumbles

Britain's tumultuous divorce from the European Union was again in disarray on Friday after the opposition Labour Party declared last-ditch talks dead due to Prime Minister Theresa May's crumbling government. Nearly three years after the United Kingdom vot
Published 18 May, 2019 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (May 17, 2019).

Published 18 May, 2019 12:00am
Brexit talks collapse as May''s premiership crumbles

Brexit talks collapse as May''s premiership crumbles

Britain''s tumultuous divorce from the European Union was again in disarray on Friday after the opposition Labour Party declared last-ditch talks dead due to Prime Minister Theresa May''s crumbling government. Nearly three years after the United Kingdom v
Published 18 May, 2019 12:00am
Brexit talks collapse as May''''s premiership crumbles

Brexit talks collapse as May''''s premiership crumbles

Britain''''s tumultuous divorce from the European Union was again in disarray on Friday after the opposition Labour Party declared last-ditch talks dead due to Prime Minister Theresa May''''s crumbling government. Nearly three years after the United Kingd
Published 18 May, 2019 12:00am
Europe votes to set stage for post-Brexit union

Europe votes to set stage for post-Brexit union

More than 400 million Europeans will be called to vote next week to set the stage as Brussels debates its post-Brexit future and faces a rising populist tide. Eurosceptic forces are expected to seize ground in the European Parliament, buoyed by popular co
Published 18 May, 2019 12:00am
Europe votes to set stage for post-Brexit union

Europe votes to set stage for post-Brexit union

More than 400 million Europeans will be called to vote next week to set the stage as Brussels debates its post-Brexit future and faces a rising populist tide. Eurosceptic forces are expected to seize ground in the European Parliament, buoyed by popular co
Published 18 May, 2019 12:00am
Europe votes to set stage for post-Brexit union

Europe votes to set stage for post-Brexit union

More than 400 million Europeans will be called to vote next week to set the stage as Brussels debates its post-Brexit future and faces a rising populist tide. Eurosceptic forces are expected to seize ground in the European Parliament, buoyed by popular co
Published 18 May, 2019 12:00am
THE RUPEE: Dollar's relentless surge continues
Exchange

THE RUPEE: Dollar's relentless surge continues

Dollar maintained an upward trend on the money market on Friday in the process of trading activity, dealers said. Commenting on the fresh decline in the currency market, marketmen said that rupee continued its slide versus dollar due to a short supply.
Published 18 May, 2019 12:00am
Europe votes to set stage for post-Brexit union

Europe votes to set stage for post-Brexit union

More than 400 million Europeans will be called to vote next week to set the stage as Brussels debates its post-Brexit future and faces a rising populist tide. Eurosceptic forces are expected to seize ground in the European Parliament, buoyed by popular co
Published 18 May, 2019 12:00am
THE RUPEE: Dollar's relentless surge continues
Exchange

THE RUPEE: Dollar's relentless surge continues

Dollar maintained an upward trend on the money market on Friday in the process of trading activity, dealers said. Commenting on the fresh decline in the currency market, marketmen said that rupee continued its slide versus dollar due to a short supply.
Published 18 May, 2019 12:00am
PM briefed about Thar coal's potential

PM briefed about Thar coal's potential

Prime Minister Imran Khan Friday chaired a meeting on Thar coal and was informed that 5,000MW electricity can be produced for the next five decades from Block-II of the coal reservoir. The Prime Minister was informed that work on first phase to use the Bl
Published 18 May, 2019 12:00am
PM briefed about Thar coal's potential

PM briefed about Thar coal's potential

Prime Minister Imran Khan Friday chaired a meeting on Thar coal and was informed that 5,000MW electricity can be produced for the next five decades from Block-II of the coal reservoir. The Prime Minister was informed that work on first phase to use the Bl
Published 18 May, 2019 12:00am
PM briefed about Thar coal''s potential

PM briefed about Thar coal''s potential

Prime Minister Imran Khan Friday chaired a meeting on Thar coal and was informed that 5,000MW electricity can be produced for the next five decades from Block-II of the coal reservoir. The Prime Minister was informed that work on first phase to use the Bl
Published 18 May, 2019 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (May 17, 2019).

Published 18 May, 2019 12:00am
Lloyd's raises Gulf insurance risks after ship attacks

Lloyd's raises Gulf insurance risks after ship attacks

Lloyd's of London insurance market on Friday widened its list of areas in and around the Gulf posing "enhanced risk for marine insurers" after attacks on ships off the UAE. Lloyd's said that the Gulf, part of the Gulf of Oman, Oman and the United Arab Emi
Published 18 May, 2019 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (May 17, 2019).

Published 18 May, 2019 12:00am
Lloyd's raises Gulf insurance risks after ship attacks

Lloyd's raises Gulf insurance risks after ship attacks

Lloyd's of London insurance market on Friday widened its list of areas in and around the Gulf posing "enhanced risk for marine insurers" after attacks on ships off the UAE. Lloyd's said that the Gulf, part of the Gulf of Oman, Oman and the United Arab Emi
Published 18 May, 2019 12:00am
Lloyd''s raises Gulf insurance risks after ship attacks

Lloyd''s raises Gulf insurance risks after ship attacks

Lloyd''s of London insurance market on Friday widened its list of areas in and around the Gulf posing "enhanced risk for marine insurers" after attacks on ships off the UAE. Lloyd''s said that the Gulf, part of the Gulf of Oman, Oman and the United Arab E
Published 18 May, 2019 12:00am
BRIndex100 bleeds

BRIndex100 bleeds

Pakistan stock market Friday nosedived due to panic selling in all sectors over investor concerns on depreciating Pak rupee, deal with the IMF and gloomy economic situation. BRIndex100 lost 102.59 points or 2.89 percent to close at 3,442.60 points. BRInde
Published 18 May, 2019 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (May 17, 2019)

Published 18 May, 2019 12:00am
BRIndex100 bleeds

BRIndex100 bleeds

Pakistan stock market Friday nosedived due to panic selling in all sectors over investor concerns on depreciating Pak rupee, deal with the IMF and gloomy economic situation. BRIndex100 lost 102.59 points or 2.89 percent to close at 3,442.60 points. BRInde
Published 18 May, 2019 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (May 17, 2019).

Published 18 May, 2019 12:00am
BRIndex100 bleeds

BRIndex100 bleeds

Pakistan stock market Friday nosedived due to panic selling in all sectors over investor concerns on depreciating Pak rupee, deal with the IMF and gloomy economic situation. BRIndex100 lost 102.59 points or 2.89 percent to close at 3,442.60 points. BRInde
Published 18 May, 2019 12:00am
Government to launch fund to support beleaguered PSX
Exchange

Government to launch fund to support beleaguered PSX

The government has decided to launch an up to Rs 20 billion fund to provide liquidity with a view to supporting the Pakistan Stock Market which is under severe pressure due to currency devaluation and other issues. Advisor to the Prime Minister on Finance
Published 18 May, 2019 12:00am
Government to launch fund to support beleaguered PSX
Exchange

Government to launch fund to support beleaguered PSX

The government has decided to launch an up to Rs 20 billion fund to provide liquidity with a view to supporting the Pakistan Stock Market which is under severe pressure due to currency devaluation and other issues. Advisor to the Prime Minister on Finance
Published 18 May, 2019 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (May 17, 2019).

Published 18 May, 2019 12:00am
Government to launch fund to support beleaguered PSX
Exchange

Government to launch fund to support beleaguered PSX

The government has decided to launch an up to Rs 20 billion fund to provide liquidity with a view to supporting the Pakistan Stock Market which is under severe pressure due to currency devaluation and other issues. Advisor to the Prime Minister on Finance
Published 18 May, 2019 12:00am
The Weather

The Weather

The weather report on Friday (May 17, 2019) and the forecast for Saturday (May 18, 2019).

Published 18 May, 2019 12:00am
SECP chief meets stakeholders
Mutual Funds

SECP chief meets stakeholders

The SECP Chairman and Commissioner (Securities Market Division) along with his team, met with capital market stakeholders, including the senior management of Pakistan Stock Exchange (PSX), National Clearing Company of Pakistan Limited (NCCPL), Central Dep
Published 18 May, 2019 12:00am
SECP chief meets stakeholders
Mutual Funds

SECP chief meets stakeholders

The SECP Chairman and Commissioner (Securities Market Division) along with his team, met with capital market stakeholders, including the senior management of Pakistan Stock Exchange (PSX), National Clearing Company of Pakistan Limited (NCCPL), Central Dep
Published 18 May, 2019 12:00am
SECP chief meets stakeholders
Mutual Funds

SECP chief meets stakeholders

The SECP Chairman and Commissioner (Securities Market Division) along with his team, met with capital market stakeholders, including the senior management of Pakistan Stock Exchange (PSX), National Clearing Company of Pakistan Limited (NCCPL), Central Dep
Published 18 May, 2019 12:00am
PKR erosion adds to external debt heavily
Exchange

PKR erosion adds to external debt heavily

The burden of Pakistan's external debt has increased by Rs 661 billion since the rupee depreciation began three days ago. From Wednesday 15 May, the State Bank of Pakistan (SBP) ceased to provide an indicative level to banks' treasuries within which the r
Published 18 May, 2019 12:00am
PKR erosion adds to external debt heavily
Exchange

PKR erosion adds to external debt heavily

The burden of Pakistan's external debt has increased by Rs 661 billion since the rupee depreciation began three days ago. From Wednesday 15 May, the State Bank of Pakistan (SBP) ceased to provide an indicative level to banks' treasuries within which the r
Published 18 May, 2019 12:00am
PKR erosion adds to external debt heavily
Exchange

PKR erosion adds to external debt heavily

The burden of Pakistan''s external debt has increased by Rs 661 billion since the rupee depreciation began three days ago. From Wednesday 15 May, the State Bank of Pakistan (SBP) ceased to provide an indicative level to banks'' treasuries within which the
Published 18 May, 2019 12:00am
Dawood questioned by MPs

Dawood questioned by MPs

Prime Min-ister's Advisor on Commerce, Textile, Industries and Prod-uction and Investment, Abdul Razak Dawood on Friday was grilled by parliamentarians due to unprecedented appreciation in the dollar value verses Pak rupee and non-availability of essentia
Published 18 May, 2019 12:00am
Dawood questioned by MPs

Dawood questioned by MPs

Prime Min-ister's Advisor on Commerce, Textile, Industries and Prod-uction and Investment, Abdul Razak Dawood on Friday was grilled by parliamentarians due to unprecedented appreciation in the dollar value verses Pak rupee and non-availability of essentia
Published 18 May, 2019 12:00am
Dawood questioned by MPs

Dawood questioned by MPs

Prime Min-ister''s Advisor on Commerce, Textile, Industries and Prod-uction and Investment, Abdul Razak Dawood on Friday was grilled by parliamentarians due to unprecedented appreciation in the dollar value verses Pak rupee and non-availability of essenti
Published 18 May, 2019 12:00am
Punjab CS says CPEC to usher in new era of prosperity
Exchange

Punjab CS says CPEC to usher in new era of prosperity

Punjab Chief Secretary Yousaf Naseem Khokhar has said that the China Pakistan Economic Corridor (CPEC) would usher in a new era of progress and prosperity in Pakistan. He expressed these view while talking to a 15-member Chinese delegation led by China's
Published 18 May, 2019 12:00am
Shahbaz says will be back home before budget

Shahbaz says will be back home before budget

Opposition leader in the National Assembly and Pakistan Muslim League-Nawaz (PML-N) President Shahbaz Sharif has dispelled the reports that he is not returning to Pakistan and said that he would return to Pakistan before the budget session.
Published 18 May, 2019 12:00am
Weather turns pleasant after light rain

Weather turns pleasant after light rain

Light rain in Lahore and other parts of the country on Friday turned the weather pleasant. Meanwhile, similar spells of rain were also reported from other parts of the country including Islamabad, Rawalpindi, various cities of Khyber Pakhtunkhwa, Gilgit B
Published 18 May, 2019 12:00am
Encroachments: SC summons Islamabad mayor, NHA chief

Encroachments: SC summons Islamabad mayor, NHA chief

The Supreme Court on Friday questioned the performance of Capital Development Authority and summoned the Islamabad mayor and chairman National Highway Authority to inform about steps that have been taken to clear encroachments from Islamabad and its highw
Published 18 May, 2019 12:00am
BKU students hold demo against rise in tuition fee

BKU students hold demo against rise in tuition fee

Dozens of students of Bacha Khan University (BKU) Charsadda on Friday staged protest demonstration in the university campus against increase of tuition fee by the varsity administration. The protesting students while talking to media persons strongly cond
Published 18 May, 2019 12:00am
Sindh Assembly adopts Prisons and Correctional Facilities Bill 2019

Sindh Assembly adopts Prisons and Correctional Facilities Bill 2019

The Sindh Assembly on Friday adopted 'The Sindh Prisons and Correctional Facilities Bill 2019' amid opposition's sit-in protest in the house. The opposition was all set to discuss HIV/AIDS spread in Larkana but speaker Agha Siraj Khan Durrani turned down
Published 18 May, 2019 12:00am
MPS likely on May 20: policy rate may go up by another 100 bps

MPS likely on May 20: policy rate may go up by another 100 bps

The policy rate is expected to rise by another 100bps from 10.75 percent to 11.75 percent in the upcoming monetary policy expected to be announced on May 20, 2019, analysts said. The aggressive monetary tightening is expected to continue by the central ba
Published 18 May, 2019 12:00am
SBP relaunches '8877' SMS service for fresh currency notes
Currency

SBP relaunches '8877' SMS service for fresh currency notes

The State Bank of Pakistan (SBP), through its subsidiary SBP Banking Services Corporation (SBP BSC) has relaunched the SMS service for issuance of fresh currency notes to general public. The fresh currency notes will be available from designated commercia
Published 18 May, 2019 12:00am
KP polls candidates: Bilawal-led PPP Parliamentary Board formed

KP polls candidates: Bilawal-led PPP Parliamentary Board formed

A Parliamentary Board headed by PPP chief Bilawal Bhutto-Zardari has been constituted to decide nomination of PPP's contestant in polls for seats of KPK Assembly. A statement released from Bilawal House on Friday said the board members include Syed Nayyar
Published 18 May, 2019 12:00am
All export-oriented issues being automated, CCE informs FPCCI

All export-oriented issues being automated, CCE informs FPCCI

All exports oriented services - Manufacturing Bond, Export Oriented Unit (EOU), Duty & Tax Remission for Export (DTRE) and SRO 492 are being automated, which will minimise human interaction and ensure trade facilitation, said Chief Collector Enforcement.
Published 18 May, 2019 12:00am
World Bank to extend Rs 32.2 billion for 'CLICK' project

World Bank to extend Rs 32.2 billion for 'CLICK' project

The World Bank will extend Rs 32.2 billion for "Competitive & Livable City of Karachi (CLICK)" project to transform the metropolis into a livable, inclusive and competitive mega city. According to the official documents of the project, the total cost of t
Published 18 May, 2019 12:00am
Businessmen Panel voices concern over all-time low PKR value
Exchange

Businessmen Panel voices concern over all-time low PKR value

Chairman Businessmen Panel (BMP) Mian Anjum Nisar has said that Pakistan is currently facing significant economic challenges, with declining foreign exchange reserves, diminishing growth and increasing trade deficit. He said that rupee once again weakened
Published 18 May, 2019 12:00am
PPP decides to launch protest against PTI government's policies

PPP decides to launch protest against PTI government's policies

Pakistan Peoples Party (PPP) has decided to launch a protest in and outside of the Parliament House against the policies of Pakistan Tehreek-e-Insaf (PTI) government. The decision was taken in the PPP Core Committee meeting, which was held in the chair of
Published 18 May, 2019 12:00am
Sarwar assures business community of providing level-playing field

Sarwar assures business community of providing level-playing field

Punjab Governor Chaudhry Muhammad Sarwar has said the government is aware of the problems being faced by the trade and industrial sectors, and taking every possible measure to provide a level playing field to the business community. Talking to a delegatio
Published 18 May, 2019 12:00am
CM reviews performance of E&T department

CM reviews performance of E&T department

Punjab Chief Minister Sardar Usman Buzdar has directed the concerned officials that owners of automobiles having a receipt of the Excise & Taxation department should not be asked about the number plates. The CM stated this while presiding over a meeting a
Published 18 May, 2019 12:00am
DHO directed to expedite drive against HIV/AIDS

DHO directed to expedite drive against HIV/AIDS

The Deputy Commissioner Hyderabad Syed Aijaz Ali Shah has directed the District Health Officer Hyderabad and other concerned officers to expedite the campaign against HIV/AIDS and take practical measures. He directed to adopt strategy to make people aware
Published 18 May, 2019 12:00am
Buzdar slams Indian atrocities against Kashmiris

Buzdar slams Indian atrocities against Kashmiris

Punjab Chief Minister, Sardar Usman Buzdar has strongly condemned the state-sponsored terrorism of Indian army in occupied Kashmir. Expressing a deep sense of sorrow over the martyrdom of Kashmiris, the CM extended sympathies to the bereaved families. He
Published 18 May, 2019 12:00am
Sarwar, Ijaz Shah discuss security issues

Sarwar, Ijaz Shah discuss security issues

Punjab Governor Ch Muhammad Sarwar on Friday said the government is protecting each and every penny of public exchequer as a sacred trust and also ensuring accountability of those who have plundered the national wealth. He was talking to the Federal Inter
Published 18 May, 2019 12:00am
Soaring dollar rates big blow to business activities: LCCI

Soaring dollar rates big blow to business activities: LCCI

The Lahore Chamber of Commerce and Industry has termed uncontrolled dollar prices a big blow to the business activities and urged the government to immediately intervene in the matter. LCCI President Almas Hyder said that surge in dollar price will badly
Published 18 May, 2019 12:00am
HBFC signs MoU with PPAF

HBFC signs MoU with PPAF

MoU Signing Ceremony was recently held between House Building Finance Company (HBFC) & Pakistan Poverty Alleviation Fund (PPAF) in Islamabad. The MoU was signed by Syed Basit Aly, Managing Director - HBFC & Qazi Azmat Isa, Chief Executive Officer - PPAF i
Published 18 May, 2019 12:00am
ABL, Bank of China-Pakistan sign MoU

ABL, Bank of China-Pakistan sign MoU

Allied Bank Limited (ABL) and Bank of China-Pakistan (BOCP) have entered into a Memorandum of Understanding (MoU) in Beijing. The MoU was signed by ABL's CEO, Tahir Hassan Qureshi and Country Head & CEO of BOCP Liu Xiaofei, in a ceremony held on April 28,
Published 18 May, 2019 12:00am
NA body concerned at PHF's poor performance

NA body concerned at PHF's poor performance

The National Assembly Standing Committee on Inter-Provincial Coordination has expressed serious concern over the poor performance of Pakistan Hockey Federation (PHF), as the performance of national hockey team declined with the passage of time due to lack
Published 18 May, 2019 12:00am
Zubair lashes out at PTI government's economic policies

Zubair lashes out at PTI government's economic policies

Former Governor Sindh Muhammad Zubair while criticising the economic policies of the government, said that the country would fall in deep economic turmoil if Prime Minister Imran Khan's government continues in the office for the next two three months. He
Published 18 May, 2019 12:00am
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