News Archives for Print - 2019-07-13

'People of Waziristan deprived of due share in growth & development': Senate body told

A meeting of the special committee formed 'to examine purported grievances amongst some sections of the society and reach out to the genuinely aggrieved persons to create national cohesion' was held at the Parliament House on Friday whereby a representati

Published 13 Jul, 2019 12:00am

KU entry test for PhD, MPhil, MD programmes on Sunday

University of Karachi's registrar Prof Dr Saleem Shahzad on Friday announced that KU Entry Test for MPhil, PhD, MS (Surgery) and MD (Medicine) would be held on Sunday July 14. The KU had received 3,803 forms against the total 2,028 available seats. Of the

Published 13 Jul, 2019 12:00am

NUST Summer School 2019 concludes

The closing ceremony of NUST Summer School 2019 was held at NUST School of Electrical Engineering & Computer Science (SEECS) here on Friday, July 12, 2019. As many as 114 secondary school and intermediate students from different cities and towns across th

Published 13 Jul, 2019 12:00am

12 killed as vehicle plunges into ravine in Kamila

At least 12 people were killed when their vehicle plunged into a ravine in Kamila in Upper Kohistan on Thursday night. According to District Police Officer Raja Mohammad Saboor, 12 members of the same family were travelling from Seo to Kamila when their v

Published 13 Jul, 2019 12:00am

Exchange

Family visits Sabika Aziz's school in Texas

The family of a Pakistani exchange student who was one of 10 people killed in a mass shooting at a Texas high school last year travelled to the US and visited the school and community this week, wanting to learn more about the nine months she had spent th

Published 13 Jul, 2019 12:00am

Adviser favours financial review of donor-funded hydel projects

Adviser to KP CM on Energy and Power, Himayatullah Khan has said that financial review of the hydropower projects constructed with the financial assistance of World Bank (WB) and Asian Development Bank (ADB) should be made in any circumstances to maximum

Published 13 Jul, 2019 12:00am

US needs to maintain strong military ties with Pakistan: General Milley

The United States needs to maintain strong military ties with Pakistan, General Mark Milley, President Trump's nominee to head the US forces said in Senate hearing. US General wants ties with Pakistan based on the shared interests of the two countries. Ge

Published 13 Jul, 2019 12:00am

Sanaullah's involvement in drug trade: let court decide the matter, says ANF chief

Director General (DG) Anti-Narcotics Force (ANF) Major General Muhammad Arif Malik on Friday said that the case against Pakistan Muslim League-Nawaz (PML-N) leader Rana Sanullah, who was arrested for his alleged involvement in drug business, is before the

Published 13 Jul, 2019 12:00am

German youth envoy visits Alhamra Art Centre

German's Youth Ambassador Marion Pfennigs visited Lahore Arts Council (LAC) and took keen interest in the diverse sections of the Lahore Arts Council here on Friday at Alhamra Art Centre. This message was expressed during a meeting between Executive Direc

Published 13 Jul, 2019 12:00am

ADC, SSP hold open court in Faisalabad

Acting Deputy Commissioner (ADC) Tariq Khan Niazi and SSP (Operations) Syed Ali Raza jointly held an open court at Circuit House and listened to public complaints and issued orders to relevant departments for quick disposal.

Published 13 Jul, 2019 12:00am

LCCI supports business community's demands

The Lahore Chamber of Commerce and Industry (LCCI) stands with the business community in its demands. The government should immediately resolve their issues and should find out an amicable solution in consultation with the stakeholders.

Published 13 Jul, 2019 12:00am

Buzdar opens TDCP's first motel in Nankana Sahib

Punjab Chief Minister Sardar Usman Buzdar on Friday inaugurated the first Tourism Development Corporation of Punjab (TDCP) motel at Nankana Sahib which was completed at a cost of Rs 130 million. He was accompanied by Federal Interior Minister Brig Ijaz Sh

Published 13 Jul, 2019 12:00am

Buzdar visits Quaid-e-Azam Thermal Power Plant

Punjab Chief Minister Sardar Usman Buzdar on Friday visited the 1180 MW RLNG Quaid-e-Azam Thermal Power Plant in Bhikki area of Sheikhupura and inspected its various sections.

Published 13 Jul, 2019 12:00am

PDCMA voices concern over new taxes

The Punjab Dyes & Chemicals Merchants Association (PDCMA) has expressed concerns over various tax-related measures in federal budget and called for immediate remedial measures. The Association's executive committee meeting chaired by Abdul Aziz Chughtai,

Published 13 Jul, 2019 12:00am

KBP endorses traders' strike call

Kissan Board Pakistan (KBP) has announced its complete support to the traders observing strike on 13th July (today) against the taxation policies of the sitting government. KBP Central President, Chaudhry Nisar Ahmad said that the Board would stand with t

Published 13 Jul, 2019 12:00am

Commission for FCCI elections formed

Mian Aftab Ahmed of M/s Hilal textiles corporation Pvt Ltd, Muzzamil Sultan of M/s Sultan Trading Company and Chaudhry Muhammad Nawaz of M/s Ahmed Nawaz Weaving Factory appointed as an election commission for the FCCI Election 2019-20 for the seven corpor

Published 13 Jul, 2019 12:00am

Minister laments LWMC for not improving cleanliness situation

Punjab Industries and Trade Minister lamented the Lahore Waste Management Company (LWMC) for failing to improve the cleanliness situation in the provincial capital.

Published 13 Jul, 2019 12:00am

Cotton

Crop maximization plan to be launched soon in three districts: PAD

Agriculture department said that two-year crop maximization through cooperative farming project costing Rs 400 million would soon be launched in three districts of Punjab.

Published 13 Jul, 2019 12:00am

Hafiz Saeed, seven aides move LHC for quashing of FIRs

Jamatud Dawa (JuD) chief Hafiz Muhammad Saeed and his seven aides have moved a petition before the Lahore High Court against cases registered against them on charges of terror financing and describing them as members of proscribed Lashkar-e-Tayyaba (LeT).

Published 13 Jul, 2019 12:00am

Electricity issues: Lesco to hold public hearings

The Lahore Electric Supply Company (LESCO) management would hold public hearings on electricity issues in all its circles on Saturday (today). The public hearings for recording complaints relating to electricity bills and other issues are being organized

Published 13 Jul, 2019 12:00am

Lahore traders' strike against taxation measures today

Like other parts of the country, the business community under the leadership of All Pakistan Anjuman-e-Tajran (APAT) will observe a complete shutter-down strike in Lahore today to press the ruling Pakistan Tehreek-e-Insaf (PTI) government for withdrawal o

Published 13 Jul, 2019 12:00am

Record home remittances

Workers' remittances seem to have again come to our rescue. According to media reports, the country has received record $21.84 billion inflows of home remittances during the last fiscal year (FY19) supported by higher inflows from the US, the UK and Saudi

Published 13 Jul, 2019 12:00am

Turkey drills off Cyprus in bid for regional influence

When Turkey dispatched a second ship to drill for oil and gas in disputed waters off Cyprus last month, it drew fire not just from rival Nicosia but also the rebuke of Western allies and threats of EU sanctions.

Published 13 Jul, 2019 12:00am

Exchange

Economic Survey - interesting bits

It is rather boring to belong to a small minority, if not the only one, who reads the Economic Survey; you miss out on the debate. And while on the subject of debates, undoubtedly, if everyone agreed with everyone else, there can be no debate; disagreemen

Published 13 Jul, 2019 12:00am

It's time to make bold decisions - II

Economies that are afflicted by a high-level of corruption - which involves the misuse of power in the form of money or authority to achieve certain goals in illegal, dishonest or unfair ways, are not capable of prospering as fully as those with a low lev

Published 13 Jul, 2019 12:00am

Opposition moves

The opposition Rehbar Committee constituted after the Multi-Party Conference (MPC) declared its intent to move a no-confidence motion in the Upper House to remove Senate Chairman Sadiq Sanjrani. The opposition decided to have Akram Durrani as the convener

Updated 13 Jul, 2019 06:45am

Currency

Rise in inflation

It is sad to note the rate of inflation in Pakistan continues to be at a high level and its prospects in the ongoing year are also disturbing. According to the latest data released by the Pakistan Bureau of Statistics (PBS), average rate of inflation duri

Updated 13 Jul, 2019 06:45am

US House votes to curb Trump powers to start Iran war

The US House of Representatives voted Friday to restrict President Donald Trump's ability to attack Iran, voicing fear that his hawkish policies are pushing toward a needless war. The Democratic-led House approved an amendment on a broad defense bill that

Published 13 Jul, 2019 12:00am

US House votes to curb Trump powers to start Iran war

The US House of Representatives voted Friday to restrict President Donald Trump's ability to attack Iran, voicing fear that his hawkish policies are pushing toward a needless war. The Democratic-led House approved an amendment on a broad defense bill that

Published 13 Jul, 2019 12:00am

Ministry asked to withdraw Malik's services

Acting Chief Justice Islamabad High Court (IHC) on Friday wrote to the Ministry of Law and Justice to withdraw Arshad Malik's services as judge of the Accountability Court, Islamabad, in the aftermath of the leaked video. Arshad Malik, who met the acting

Published 13 Jul, 2019 12:00am

Ministry asked to withdraw Malik's services

Acting Chief Justice Islamabad High Court (IHC) on Friday wrote to the Ministry of Law and Justice to withdraw Arshad Malik's services as judge of the Accountability Court, Islamabad, in the aftermath of the leaked video. Arshad Malik, who met the acting

Published 13 Jul, 2019 12:00am

PML-N seeks Nawaz's release

The Pakistan Muslim League-Nawaz (PML-N) has called for declaring the verdict in Al-Azizia reference against former Prime Minister Nawaz Sharif null and void and his release forthwith following the Islamabad High Court (IHC)'s decision to remove accountab

Published 13 Jul, 2019 12:00am

PML-N seeks Nawaz's release

The Pakistan Muslim League-Nawaz (PML-N) has called for declaring the verdict in Al-Azizia reference against former Prime Minister Nawaz Sharif null and void and his release forthwith following the Islamabad High Court (IHC)'s decision to remove accountab

Published 13 Jul, 2019 12:00am

MPC to meet on Tuesday: SBP likely to maintain tight monetary policy stance

The State Bank of Pakistan (SBP) is likely to maintain its tight monetary policy stance in its upcoming meeting to ensure macroeconomic stability and contain inflation. The Monetary Policy Committee (MPC) of SBP will meet on Tuesday, July 16, 2019 at SBP

Published 13 Jul, 2019 12:00am

MPC to meet on Tuesday: SBP likely to maintain tight monetary policy stance

The State Bank of Pakistan (SBP) is likely to maintain its tight monetary policy stance in its upcoming meeting to ensure macroeconomic stability and contain inflation. The Monetary Policy Committee (MPC) of SBP will meet on Tuesday, July 16, 2019 at SBP

Published 13 Jul, 2019 12:00am

MPC to meet on Tuesday: SBP likely to maintain tight monetary policy stance

The State Bank of Pakistan (SBP) is likely to maintain its tight monetary policy stance in its upcoming meeting to ensure macroeconomic stability and contain inflation. The Monetary Policy Committee (MPC) of SBP will meet on Tuesday, July 16, 2019 at SBP

Published 13 Jul, 2019 12:00am

July-June 2018-19: Shortfall of Rs 318 billion in provisional collection

The provisional revenue collection of the Federal Board of Revenue (FBR) amounted to Rs 3,832 billion during (July-June) 2018-19 against downward revised target of Rs 4,150 billion, reflecting a shortfall of Rs 318 billion. In June 2019, the FBR has colle

Published 13 Jul, 2019 12:00am

July-June 2018-19: Shortfall of Rs 318 billion in provisional collection

The provisional revenue collection of the Federal Board of Revenue (FBR) amounted to Rs 3,832 billion during (July-June) 2018-19 against downward revised target of Rs 4,150 billion, reflecting a shortfall of Rs 318 billion. In June 2019, the FBR has colle

Published 13 Jul, 2019 12:00am

July-June 2018-19: Shortfall of Rs 318 billion in provisional collection

The provisional revenue collection of the Federal Board of Revenue (FBR) amounted to Rs 3,832 billion during (July-June) 2018-19 against downward revised target of Rs 4,150 billion, reflecting a shortfall of Rs 318 billion. In June 2019, the FBR has colle

Published 13 Jul, 2019 12:00am

FBR to help ensure liquidity arrangements for exporters

The Federal Board of Revenue (FBR) has so far not taken any decision to withdraw or reduce 17 percent sales tax imposed on local sales of five export-oriented sectors; however, it will take major measures to ensure liquidity arrangements for the exporters

Published 13 Jul, 2019 12:00am

FBR to help ensure liquidity arrangements for exporters

The Federal Board of Revenue (FBR) has so far not taken any decision to withdraw or reduce 17 percent sales tax imposed on local sales of five export-oriented sectors; however, it will take major measures to ensure liquidity arrangements for the exporters

Published 13 Jul, 2019 12:00am

FBR to help ensure liquidity arrangements for exporters

The Federal Board of Revenue (FBR) has so far not taken any decision to withdraw or reduce 17 percent sales tax imposed on local sales of five export-oriented sectors; however, it will take major measures to ensure liquidity arrangements for the exporters

Published 13 Jul, 2019 12:00am

Exchange

Pak-Afghan technical level talks remain inconclusive

Pakistan and Afghanistan''s technical level talks on facilitation of transit trade, enhancement of bilateral trade and economic cooperation have reportedly remained inconclusive against Afghan''s insistence on Pakistan opening land route for Indian goods,

Published 13 Jul, 2019 12:00am

Exchange

Pak-Afghan technical level talks remain inconclusive

Pakistan and Afghanistan's technical level talks on facilitation of transit trade, enhancement of bilateral trade and economic cooperation have reportedly remained inconclusive against Afghan's insistence on Pakistan opening land route for Indian goods, w

Published 13 Jul, 2019 12:00am

Exchange

Pak-Afghan technical level talks remain inconclusive

Pakistan and Afghanistan's technical level talks on facilitation of transit trade, enhancement of bilateral trade and economic cooperation have reportedly remained inconclusive against Afghan's insistence on Pakistan opening land route for Indian goods, w

Published 13 Jul, 2019 12:00am

Jamal Tariq made acting president Sindh Bank Limited

The Board of Directors (BOD) of Sindh Bank held its 70th meeting on July 11, 2019. The Board took cognizance of the prevailing situation surrounding the Bank. As a first step Saeed Jamal Tariq has been appointed Acting President/CEO to enable the affairs

Published 13 Jul, 2019 12:00am

Jamal Tariq made acting president Sindh Bank Limited

The Board of Directors (BOD) of Sindh Bank held its 70th meeting on July 11, 2019. The Board took cognizance of the prevailing situation surrounding the Bank. As a first step Saeed Jamal Tariq has been appointed Acting President/CEO to enable the affairs

Published 13 Jul, 2019 12:00am

Jamal Tariq made acting president Sindh Bank Limited

The Board of Directors (BOD) of Sindh Bank held its 70th meeting on July 11, 2019. The Board took cognizance of the prevailing situation surrounding the Bank. As a first step Saeed Jamal Tariq has been appointed Acting President/CEO to enable the affairs

Published 13 Jul, 2019 12:00am

References against judges: SJC meets for third time

Supreme Judicial Council (SJC) on Friday met for the third time to deliberate upon the references against Justice Qazi Faez Isa, a judge of Supreme Court, and Justice KK Agha, a judge of Sindh High Court. The sources shared that Attorney General for Pakis

Published 13 Jul, 2019 12:00am

References against judges: SJC meets for third time

Supreme Judicial Council (SJC) on Friday met for the third time to deliberate upon the references against Justice Qazi Faez Isa, a judge of Supreme Court, and Justice KK Agha, a judge of Sindh High Court. The sources shared that Attorney General for Pakis

Published 13 Jul, 2019 12:00am

Second phase: Major reshuffle in FBR

In the second phase of major reshuffle in tax machinery, the Federal Board of Revenue (FBR) transferred and posted 503 officers of Customs Group on Friday including principal appraisers, appraising / valuation officers, superintendents, deputy superintend

Published 13 Jul, 2019 12:00am

Second phase: Major reshuffle in FBR

In the second phase of major reshuffle in tax machinery, the Federal Board of Revenue (FBR) transferred and posted 503 officers of Customs Group on Friday including principal appraisers, appraising / valuation officers, superintendents, deputy superintend

Published 13 Jul, 2019 12:00am

Second phase: Major reshuffle in FBR

In the second phase of major reshuffle in tax machinery, the Federal Board of Revenue (FBR) transferred and posted 503 officers of Customs Group on Friday including principal appraisers, appraising / valuation officers, superintendents, deputy superintend

Published 13 Jul, 2019 12:00am

''We''ve data of all sectors''

Federal Board of Revenue has almost finalised its strategy to bring all sectors into the tax net but will not take any decision that would affect the industry and business of Pakistan. This has been pointed out by Chairman FBR Shabbar Zaidi during his pre

Published 13 Jul, 2019 12:00am

'We've data of all sectors'

Federal Board of Revenue has almost finalised its strategy to bring all sectors into the tax net but will not take any decision that would affect the industry and business of Pakistan. This has been pointed out by Chairman FBR Shabbar Zaidi during his pre

Published 13 Jul, 2019 12:00am

'We've data of all sectors'

Federal Board of Revenue has almost finalised its strategy to bring all sectors into the tax net but will not take any decision that would affect the industry and business of Pakistan. This has been pointed out by Chairman FBR Shabbar Zaidi during his pre

Published 13 Jul, 2019 12:00am

There''s no deadlock with any sector, says FBR chief

Chairman Federal Board of Revenue Shabbar Zaidi has ruled out possibility of any political involvement or interference behind the ongoing strikes or protests against the condition of providing computerised national identity card (CNIC) numbers of unregist

Published 13 Jul, 2019 12:00am

There's no deadlock with any sector, says FBR chief

Chairman Federal Board of Revenue Shabbar Zaidi has ruled out possibility of any political involvement or interference behind the ongoing strikes or protests against the condition of providing computerised national identity card (CNIC) numbers of unregist

Published 13 Jul, 2019 12:00am

There's no deadlock with any sector, says FBR chief

Chairman Federal Board of Revenue Shabbar Zaidi has ruled out possibility of any political involvement or interference behind the ongoing strikes or protests against the condition of providing computerised national identity card (CNIC) numbers of unregist

Published 13 Jul, 2019 12:00am

Exchange

MoM: Exports register major decline

The country''s exports during June 2019 witnessed a decline in comparison with the exports of May 2019 and reduced from $2.1 billion to $1.18 billion, said Pakistan Bureau of Statistics (PBS). According to PBS, over the period the country''s imports also

Published 13 Jul, 2019 12:00am

Exchange

MoM: Exports register major decline

The country's exports during June 2019 witnessed a decline in comparison with the exports of May 2019 and reduced from $2.1 billion to $1.18 billion, said Pakistan Bureau of Statistics (PBS). According to PBS, over the period the country's imports also re

Published 13 Jul, 2019 12:00am

The Weather

The weather report on Friday (July 12, 2019) and the forecast for Saturday (July 13, 2019).

Published 13 Jul, 2019 12:00am

Exchange

MoM: Exports register major decline

The country's exports during June 2019 witnessed a decline in comparison with the exports of May 2019 and reduced from $2.1 billion to $1.18 billion, said Pakistan Bureau of Statistics (PBS). According to PBS, over the period the country's imports also re

Published 13 Jul, 2019 12:00am

Exchange

LME official prices

The following were Thursday official prices.

Published 13 Jul, 2019 12:00am

Harmonising laws for investment: PM gives one month to BoI Chairman

Prime Minister Imran Khan Friday give one-month time to the chairman Board of Investment (BoI) to complete the process of harmonising laws related to business at federal and provincial levels to facilitate local and foreign investment.

Published 13 Jul, 2019 12:00am

Exchange

LME official prices

The following were Thursday official prices.

Published 13 Jul, 2019 12:00am

Harmonising laws for investment: PM gives one month to BoI Chairman

Prime Minister Imran Khan Friday give one-month time to the chairman Board of Investment (BoI) to complete the process of harmonising laws related to business at federal and provincial levels to facilitate local and foreign investment.

Published 13 Jul, 2019 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (July 12, 2019).

Published 13 Jul, 2019 12:00am

Harmonising laws for investment: PM gives one month to BoI Chairman

Prime Minister Imran Khan Friday give one-month time to the chairman Board of Investment (BoI) to complete the process of harmonising laws related to business at federal and provincial levels to facilitate local and foreign investment.

Published 13 Jul, 2019 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (July 12, 2019)

Published 13 Jul, 2019 12:00am

Fertilizer sector: Government links settlement of GIDC on forensic audit of GIDC collection

The Federal Government has reportedly linked settlement of Gas Infrastructure Development Cess (GIDC) with fertilizer sector on forensic audit of GIDC collection made under the end product cost structure of the sector, sources close to Secretary Industrie

Published 13 Jul, 2019 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Friday (July 12, 2019).

Published 13 Jul, 2019 12:00am

Fertilizer sector: Government links settlement of GIDC on forensic audit of GIDC collection

The Federal Government has reportedly linked settlement of Gas Infrastructure Development Cess (GIDC) with fertilizer sector on forensic audit of GIDC collection made under the end product cost structure of the sector, sources close to Secretary Industrie

Published 13 Jul, 2019 12:00am

Exchange

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Friday (July 12, 2019).

Published 13 Jul, 2019 12:00am

Fertilizer sector: Government links settlement of GIDC on forensic audit of GIDC collection

The Federal Government has reportedly linked settlement of Gas Infrastructure Development Cess (GIDC) with fertilizer sector on forensic audit of GIDC collection made under the end product cost structure of the sector, sources close to Secretary Industrie

Published 13 Jul, 2019 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (July 12, 2019).

Published 13 Jul, 2019 12:00am

Heads of over 55 Chinese companies meet PM

Chinese companies have decided to invest $5 billion in various small and medium sized industrial sectors in Pakistan over a period of five years, said the Prime Minister''s Office after a delegation of over 55 Chinese companies'' chiefs met with Prime Min

Published 13 Jul, 2019 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (July 12, 2019).

Published 13 Jul, 2019 12:00am

Heads of over 55 Chinese companies meet PM

Chinese companies have decided to invest $5 billion in various small and medium sized industrial sectors in Pakistan over a period of five years, said the Prime Minister's Office after a delegation of over 55 Chinese companies' chiefs met with Prime Minis

Published 13 Jul, 2019 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Friday (July 12, 2019).

Published 13 Jul, 2019 12:00am

Heads of over 55 Chinese companies meet PM

Chinese companies have decided to invest $5 billion in various small and medium sized industrial sectors in Pakistan over a period of five years, said the Prime Minister's Office after a delegation of over 55 Chinese companies' chiefs met with Prime Minis

Published 13 Jul, 2019 12:00am

Kerb

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Friday (July 12, 2019).

Published 13 Jul, 2019 12:00am

First round of 'Pak-India Track II Dialogue' begins

The first round of Pakistan-India Track II Dialogue began here on Friday in a bid to explore options for dispute resolution and normalising the otherwise tense bilateral relationship Representatives from civil society, diplomatic experts and government of

Published 13 Jul, 2019 12:00am

Currency

THE RUPEE: falling trend

The rupee continued slide against the dollar on the money market on Friday in the process of trading, marketmen said.

Published 13 Jul, 2019 12:00am

First round of 'Pak-India Track II Dialogue' begins

The first round of Pakistan-India Track II Dialogue began here on Friday in a bid to explore options for dispute resolution and normalising the otherwise tense bilateral relationship Representatives from civil society, diplomatic experts and government of

Published 13 Jul, 2019 12:00am

Currency

THE RUPEE: falling trend

The rupee continued slide against the dollar on the money market on Friday in the process of trading, marketmen said.

Published 13 Jul, 2019 12:00am

Exchange

KSE on negative note: BRIndex100 loses 21.61 points

Pakistan Stock Exchange ended on negative note on the last day of the week due to selling in various sectors.

Published 13 Jul, 2019 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Friday (July 12, 2019).

Published 13 Jul, 2019 12:00am

Exchange

KSE on negative note: BRIndex100 loses 21.61 points

Pakistan Stock Exchange ended on negative note on the last day of the week due to selling in various sectors.

Published 13 Jul, 2019 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Friday (July 12, 2019).

Published 13 Jul, 2019 12:00am

Exchange

KSE on negative note: BRIndex100 loses 21.61 points

Pakistan Stock Exchange ended on negative note on the last day of the week due to selling in various sectors.

Published 13 Jul, 2019 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Friday (July 12, 2019).

Published 13 Jul, 2019 12:00am

US Treasury warns it will run out of cash in early September

The US government could run out of money in early September unless Congress allows the administration to borrow more, Treasury Secretary Steven Mnuchin warned Friday. The Treasury has been taking extraordinary steps since March to shuffle its cash around

Published 13 Jul, 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 Friday (July 12, 2019).

Published 13 Jul, 2019 12:00am

US Treasury warns it will run out of cash in early September

The US government could run out of money in early September unless Congress allows the administration to borrow more, Treasury Secretary Steven Mnuchin warned Friday. The Treasury has been taking extraordinary steps since March to shuffle its cash around

Published 13 Jul, 2019 12:00am

Member to Member

The following transactions member to member subsequently reported on Friday (July 12, 2019).

Published 13 Jul, 2019 12:00am

US Treasury warns it will run out of cash in early September

The US government could run out of money in early September unless Congress allows the administration to borrow more, Treasury Secretary Steven Mnuchin warned Friday. The Treasury has been taking extraordinary steps since March to shuffle its cash around

Published 13 Jul, 2019 12:00am

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Friday (July 12, 2019)

Published 13 Jul, 2019 12:00am

US Treasury warns it will run out of cash in early September

The US government could run out of money in early September unless Congress allows the administration to borrow more, Treasury Secretary Steven Mnuchin warned Friday. The Treasury has been taking extraordinary steps since March to shuffle its cash around

Published 13 Jul, 2019 12:00am

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Friday (July 12, 2019)

Published 13 Jul, 2019 12:00am

Currency	Rate
USD PKR Interbank Selling / Jan 22	278.92
USD PKR Interbank Buying / Jan 22	278.72
USD to Japanese Yen / Jan 22	155.66
USD to Swiss Franc / Jan 22	0.91
Pound Sterling to USD / Jan 22	1.23
Euro to USD / Jan 22	1.04

Stock	Volume
S&P 500 / Jan 21	6,049.24
Nasdaq / Jan 21	19,756.78
Dow Jones / Jan 21	44,025.81
India Sensex / Jan 22	76,197.90
Tokyo Nikkei / Jan 22	39,646.25
Hang Seng / Jan 22	19,778.77
FTSE 100 / Jan 22	8,579.82
Germany DAX 30 / Jan 22	21,258.81

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 21	18,485
Gold 10 Grams PKR / Jan 21	242,798
Petrol/Litre / Jan 22	256.13
Crude Oil USD/Barrel / Jan 22	75.52
Gold Spot USD/Ounce / Jan 22	2,751.94
Diesel/Litre / Jan 22	260.95

Stock	Price
Apna Microfin. / Jan 22 Apna Microfinance Bank Limited(AMBL)	10.49 ▲ 0.96 (10.07%)
Leather Up Ltd. / Jan 22 Leather Up Limited(LEUL)	27.57 ▲ 2.51 (10.02%)
Jah.Sidd. Co. / Jan 22 Jahangir Siddiqui & Co. Ltd.(JSCL)	24.29 ▲ 2.21 (10.01%)
Pak Elektron (Pref) / Jan 22 Pak Elektron Limited (Preference)(PELPS)	14.94 ▲ 1.36 (10.01%)
Ashfaq Textile / Jan 22 Ashfaq Textile Mills Limited(ASHT)	15.51 ▲ 1.41 (10.00%)
Crescent Cotton / Jan 22 Crescent Cotton Mills Limited(CCM)	54.45 ▲ 4.95 (10.00%)
Fecto Cement / Jan 22 Fecto Cement Limited(FECTC)	116.40 ▲ 10.58 (10.00%)
Fateh Sports / Jan 22 Fateh Sports Wear Limited(FSWL)	86.43 ▲ 7.86 (10.00%)
Pak Engineering / Jan 22 Pakistan Engineering Company Limited(PECO)	738.34 ▲ 67.12 (10.00%)

Stock	Price
First Capital Equities / Jan 22 First Capital Equities Limited(FCEL)	5.30 ▼ -0.70 (-11.67%)
Nagina Cot. / Jan 22 Nagina Cotton Mills Limited(NAGC)	49.95 ▼ -5.55 (-10.00%)
Zahid Jee Textile / Jan 22 Zahidjee Textile Mills Limited(ZAHID)	27.21 ▼ -3.00 (-9.93%)
Gulistan Sp. / Jan 22 Gulistan Spinning Mills Limited(GUSM)	11.58 ▼ -1.26 (-9.81%)
TPL Life Insur. / Jan 22 TPL Life Insurance Limited(TPLL)	51 ▼ -5.50 (-9.73%)
Masood Textile / Jan 22 Masood Textile Mills Limited(MSOT)	49.05 ▼ -5.27 (-9.70%)
Karam Ceramics / Jan 22 Karam Ceramics Limited(KCL)	55.98 ▼ -5.92 (-9.56%)
Mari Energies / Jan 22 Mari Energies Limited(MARI)	598 ▼ -61.53 (-9.33%)
Hala Enterprise / Jan 22 Hala Enterprises Limited(HAEL)	12.10 ▼ -1.21 (-9.09%)

Stock	Volume
Cnergyico PK / Jan 22 Cnergyico PK Limited(CNERGY)	114,034,653 ▲ 0.04
WorldCall Telecom / Jan 22 Worldcall Telecom Limited(WTL)	99,158,485 ▼ -0.07
Fauji Cement / Jan 22 Fauji Cement Company Limited(FCCL)	83,500,175 ▲ 3.03
Bank Makramah / Jan 22 Bank Makramah Limited(BML)	69,476,357 ▲ 0.02
Citi Pharma Ltd / Jan 22 Citi Pharma Ltd.(CPHL)	23,402,152 ▲ 3.23
Lotte Chemical / Jan 22 Lotte Chemical Pakistan Limited(LOTCHEM)	23,042,045 ▼ -0.08
Ghani Chem. Ind. / Jan 22 Ghani Chemical Industries Limited(GCIL)	21,938,589 ▲ 1.04
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