News Archives for Print - 2019-07-25

Prime Minister Imran Khan has arrived in Islamabad in the wee hours of Thursday after completing his US visit. Advisor on Commerce and Trade Razzaq Dawood, Special Assistant Zulfiqar Bukhari and Secretary Foreign Affairs Sohail Mehmood are also accompanyi

Published 25 Jul, 2019 12:00am

Exchange

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 25 Jul, 2019 12:00am

PM returns home

Prime Minister Imran Khan has arrived in Islamabad in the wee hours of Thursday after completing his US visit. Advisor on Commerce and Trade Razzaq Dawood, Special Assistant Zulfiqar Bukhari and Secretary Foreign Affairs Sohail Mehmood are also accompanyi

Published 25 Jul, 2019 12:00am

Last date of renunciation/payment

Last dates of renunciation/payment.

Published 25 Jul, 2019 12:00am

Dasu hydropower project: Ministry seeks over 92 percent increase in first phase cost

Ministry of Water Resources has reportedly sought an increase of over 92 per cent from Rs 19.163 billion to Rs 36.914 billion in the cost of first phase of Dasu Hydropower Project, sources close to Minister for Water Resources told Business Recorder.</

Published 25 Jul, 2019 12:00am

Exchange
Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange.

Published 25 Jul, 2019 12:00am

Dasu hydropower project: Ministry seeks over 92 percent increase in first phase cost

Ministry of Water Resources has reportedly sought an increase of over 92 per cent from Rs 19.163 billion to Rs 36.914 billion in the cost of first phase of Dasu Hydropower Project, sources close to Minister for Water Resources told Business Recorder.</
Published 25 Jul, 2019 12:00am

Exchange
Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 25 Jul, 2019 12:00am

Dasu hydropower project: Ministry seeks over 92 percent increase in first phase cost

Ministry of Water Resources has reportedly sought an increase of over 92 per cent from Rs 19.163 billion to Rs 36.914 billion in the cost of first phase of Dasu Hydropower Project, sources close to Minister for Water Resources told Business Recorder.</
Published 25 Jul, 2019 12:00am

Exchange
BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 25 Jul, 2019 12:00am

Sajid Javid appointed finance minister: Boris Johnson promises a bold new Brexit deal

Boris Johnson promised in his first speech as prime minister to lead Britain out of the European Union on Oct 31 with "no ifs or buts" and warned that if the European Union refused to negotiate then there would be a no-deal Brexit. Johnson, who has been h
Published 25 Jul, 2019 12:00am

BRIndex100 and BR Sectoral Indices

BRIndex100 and BR Sectoral Indices on Wednesday (July 24, 2019).

Published 25 Jul, 2019 12:00am

Sajid Javid appointed finance minister: Boris Johnson promises a bold new Brexit deal

Boris Johnson promised in his first speech as prime minister to lead Britain out of the European Union on Oct 31 with "no ifs or buts" and warned that if the European Union refused to negotiate then there would be a no-deal Brexit. Johnson, who has been h
Published 25 Jul, 2019 12:00am

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

National Clearing Company declares daily settlement information for local & foreign investors on Wednesday (July 24, 2019).

Published 25 Jul, 2019 12:00am

Sajid Javid appointed finance minister: Boris Johnson promises a bold new Brexit deal

Boris Johnson promised in his first speech as prime minister to lead Britain out of the European Union on Oct 31 with "no ifs or buts" and warned that if the European Union refused to negotiate then there would be a no-deal Brexit. Johnson, who has been h
Published 25 Jul, 2019 12:00am

Mutual Funds
Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Wednesday (July 24, 2019)

Published 25 Jul, 2019 12:00am

Exchange
KSE-100 Index down 314.48 points: BRIndex100 retreats

Despite foreign buying, Pakistan Stock Exchange Wednesday closed on a negative note due to selling by local investors. BRIndex100 lost 37.04 points or 1.08 percent to close at 3,391.07 points. BRIndex100 touched intraday high of 3,430.24 and intraday low
Updated 25 Jul, 2019 04:39am

Mutual Funds
Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Wednesday (July 24, 2019)

Published 25 Jul, 2019 12:00am

Exchange
KSE-100 Index down 314.48 points: BRIndex100 retreats

Despite foreign buying, Pakistan Stock Exchange Wednesday closed on a negative note due to selling by local investors. BRIndex100 lost 37.04 points or 1.08 percent to close at 3,391.07 points. BRIndex100 touched intraday high of 3,430.24 and intraday low
Published 25 Jul, 2019 12:00am

Mutual Funds
Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Wednesday (July 24, 2019)

Published 25 Jul, 2019 12:00am

Exchange
KSE-100 Index down 314.48 points: BRIndex100 retreats

Despite foreign buying, Pakistan Stock Exchange Wednesday closed on a negative note due to selling by local investors. BRIndex100 lost 37.04 points or 1.08 percent to close at 3,391.07 points. BRIndex100 touched intraday high of 3,430.24 and intraday low
Published 25 Jul, 2019 12:00am

Member to Member

The following transactions member to member subsequently reported on Wednesday (July 24, 2019).

Published 25 Jul, 2019 12:00am

Currency
Moody's completes periodic review of major banks

Moody's Investors Service (Moody's) has completed periodic review of the ratings of major banks in Pakistan and other ratings that are associated with the same analytical units. Moody's stated that National Bank of Pakistan's (NBP) B3 local-currency depos
Published 25 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 Wednesday (July 24, 2019).

Published 25 Jul, 2019 12:00am

Currency
Moody's completes periodic review of major banks

Moody's Investors Service (Moody's) has completed periodic review of the ratings of major banks in Pakistan and other ratings that are associated with the same analytical units. Moody's stated that National Bank of Pakistan's (NBP) B3 local-currency depos
Published 25 Jul, 2019 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (July 24, 2019).

Published 25 Jul, 2019 12:00am

Currency
Moody''s completes periodic review of major banks

Moody''s Investors Service (Moody''s) has completed periodic review of the ratings of major banks in Pakistan and other ratings that are associated with the same analytical units. Moody''s stated that National Bank of Pakistan''s (NBP) B3 local-currency d
Published 25 Jul, 2019 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (July 24, 2019).

Published 25 Jul, 2019 12:00am

Currency
Moody''''s completes periodic review of major banks

Moody''''s Investors Service (Moody''''s) has completed periodic review of the ratings of major banks in Pakistan and other ratings that are associated with the same analytical units. Moody''''s stated that National Bank of Pakistan''''s (NBP) B3 local-cu
Published 25 Jul, 2019 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (July 24, 2019).

Published 25 Jul, 2019 12:00am

Exchange
PM says Taliban may soon release 2 hostages

Prime Minister Imran Khan says militants may soon release two Western hostages as negotiations on a peace deal for Afghanistan make progress with his country's help. Khan, who was in the middle of a three-day US visit Tuesday, has repeatedly said the men,
Published 25 Jul, 2019 12:00am

Currency
THE RUPEE: falling trend

The rupee drifted lower against the dollar on the money market on Wednesday in process of trading, dealers said. The rupee lost 20 paisas versus the dollar for buying and selling at Rs 160.75 and Rs 160.80.
Published 25 Jul, 2019 12:00am

Exchange
PM says Taliban may soon release 2 hostages

Prime Minister Imran Khan says militants may soon release two Western hostages as negotiations on a peace deal for Afghanistan make progress with his country's help. Khan, who was in the middle of a three-day US visit Tuesday, has repeatedly said the men,
Published 25 Jul, 2019 12:00am

Currency
THE RUPEE: falling trend

The rupee drifted lower against the dollar on the money market on Wednesday in process of trading, dealers said. The rupee lost 20 paisas versus the dollar for buying and selling at Rs 160.75 and Rs 160.80.
Published 25 Jul, 2019 12:00am

Repayment tenure of agriculture loans raised to 10 years

The maximum repayment tenure of development loans under the agriculture financing has been increased from 5 years to 10 years. The State Bank of Pakistan (SBP) has made some necessary amendments to "Loans for Farm Development and Machinery/Equipment," Reg
Published 25 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 Wednesday (July 24, 2019).

Published 25 Jul, 2019 12:00am

Repayment tenure of agriculture loans raised to 10 years

The maximum repayment tenure of development loans under the agriculture financing has been increased from 5 years to 10 years. The State Bank of Pakistan (SBP) has made some necessary amendments to "Loans for Farm Development and Machinery/Equipment," Reg
Published 25 Jul, 2019 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Wednesday (July 24, 2019).

Published 25 Jul, 2019 12:00am

Repayment tenure of agriculture loans raised to 10 years

The maximum repayment tenure of development loans under the agriculture financing has been increased from 5 years to 10 years. The State Bank of Pakistan (SBP) has made some necessary amendments to "Loans for Farm Development and Machinery/Equipment," Reg
Published 25 Jul, 2019 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (July 24, 2019).

Published 25 Jul, 2019 12:00am

Exchange
CoAS, Pompeo discuss Afghanistan

Chief of Army Staff General Qamar Bajwa visited the US State Department and met with Secretary of State Mike Pompeo, said Director General Inter-Services Public Relations Major General Asif Ghafoor. According to the army's spokesperson, during the meeting
Published 25 Jul, 2019 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (July 24, 2019).

Published 25 Jul, 2019 12:00am

Exchange
CoAS, Pompeo discuss Afghanistan

Chief of Army Staff General Qamar Bajwa visited the US State Department and met with Secretary of State Mike Pompeo, said Director General Inter-Services Public Relations Major General Asif Ghafoor. According to the army's spokesperson, during the meeting
Published 25 Jul, 2019 12:00am

Exchange
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (July 24, 2019).

Published 25 Jul, 2019 12:00am

Imran meets Qatari PM

Prime Minister Imran Khan has arrived in Doha Qatar for a brief stopover on his way back home after completing his US visit. PM stayed there for a short while before boarding his flight for Islamabad. Qatari Prime Minister Abdullah bin Nasser bin Khalifa
Published 25 Jul, 2019 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Wednesday (July 24, 2019).

Published 25 Jul, 2019 12:00am

Imran meets Qatari PM

Prime Minister Imran Khan has arrived in Doha Qatar for a brief stopover on his way back home after completing his US visit. PM stayed there for a short while before boarding his flight for Islamabad. Qatari Prime Minister Abdullah bin Nasser bin Khalifa
Published 25 Jul, 2019 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (July 24, 2019)

Published 25 Jul, 2019 12:00am

China warns of war in case of move towards Taiwan independence

China warned on Wednesday that it was ready for war if there was any move toward Taiwan's 'independence', accusing the United States of undermining global stability and denouncing its arms sales to the self-ruled island. The Pentagon said this month the U
Published 25 Jul, 2019 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (July 24, 2019).

Published 25 Jul, 2019 12:00am

China warns of war in case of move towards Taiwan independence

China warned on Wednesday that it was ready for war if there was any move toward Taiwan's 'independence', accusing the United States of undermining global stability and denouncing its arms sales to the self-ruled island. The Pentagon said this month the U
Published 25 Jul, 2019 12:00am

Exchange
LME official prices

The following were Tuesday official prices.

Published 25 Jul, 2019 12:00am

APNS rejects proposed 'media courts'

All Pakistan Newspapers Society (APNS) said on Wednesday that it strongly rejects establishment of 'media courts' as proposed by Dr Firdous Ashiq Awan, Special Assistant to Prime Minister on Information. Hameed Haroon President and Sarmad Ali Secretary Ge
Published 25 Jul, 2019 12:00am

Exchange
LME official prices

The following were Tuesday official prices.

Published 25 Jul, 2019 12:00am

APNS rejects proposed 'media courts'

All Pakistan Newspapers Society (APNS) said on Wednesday that it strongly rejects establishment of 'media courts' as proposed by Dr Firdous Ashiq Awan, Special Assistant to Prime Minister on Information. Hameed Haroon President and Sarmad Ali Secretary Ge
Published 25 Jul, 2019 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (July 24, 2019).

Published 25 Jul, 2019 12:00am

Exchange
PITC, LUMS sign memorandum to support energy sector

US Consul General Colleen Crenwelge Wednesday witnessed the signing of a memorandum of understanding between the Power Information Technology Company (PITC) and the Lahore University of Management Sciences (LUMS). The memorandum marks the start of a partn
Published 25 Jul, 2019 12:00am

The Weather

The weather report on Wednesday (July 24, 2019) and the forecast for Thursday (July 25, 2019).

Published 25 Jul, 2019 12:00am

Exchange
PITC, LUMS sign memorandum to support energy sector

US Consul General Colleen Crenwelge Wednesday witnessed the signing of a memorandum of understanding between the Power Information Technology Company (PITC) and the Lahore University of Management Sciences (LUMS). The memorandum marks the start of a partn
Published 25 Jul, 2019 12:00am

Three accused of Ali Irani group arrested

District East Police busted a gang, reportedly impersonated police officers in over 200 robberies in different parts of the metropolis here on Wednesday. This was said by Senior Superintendent of Police (SSP) East Cap Ghulam Azfar Mahesar (Retd) while add
Published 25 Jul, 2019 12:00am

Park Lane corruption reference: Zardari, 16 other accused summoned on August 19

The Accountability Court hearing multibillion rupees fake bank accounts case Wednesday summoned former President Asif Ali Zardari and 16 other accused to appear before it on August 19 in the Park Lane corruption reference. Accountability Court Judge Muham
Published 25 Jul, 2019 12:00am

Man gunned down in district court premises

In yet another case of security lapse on the part of police, a man was shot dead on Wednesday in the premises of a district court after he had arrived for a hearing of an attempted murder case. According to police, a man identified as Ali Haider, gunned d
Published 25 Jul, 2019 12:00am

OGDCL makes oil, gas discovery in Sanghar

Oil and Gas Development Company Limited (OGDCL) Wednesday announced to strike oil and gas discovery at its exploratory well Pandhi-01 in Bitrism block of District Sanghar, Sindh. "The well has tested 9.12 Million Standard Cubic Feet per day gas, 520 Barre
Published 25 Jul, 2019 12:00am

Haftar vows 'victory' imminent in Tripoli

Libyan strongman Khalifa Haftar on Wednesday vowed imminent victory in his fight to wrest control of the capital Tripoli from the country's UN-recognised government. "The victory flag will soon be raised in our capital... the meeting with victory is so cl
Published 25 Jul, 2019 12:00am

Currency	Rate
USD PKR Interbank Selling / Jan 31	279.03
USD PKR Interbank Buying / Jan 31	278.88
USD to Japanese Yen / Jan 31	155.19
USD to Swiss Franc / Jan 31	0.91
Pound Sterling to USD / Jan 31	1.24
Euro to USD / Jan 31	1.04

Stock	Volume
Hang Seng / Jan 30	20,225.11
S&P 500 / Jan 31	6,040.53
India Sensex / Jan 31	77,500.57
Tokyo Nikkei / Jan 31	39,572.49
Nasdaq / Jan 31	19,627.44
FTSE 100 / Jan 31	8,673.96
Dow Jones / Jan 31	44,544.66
Germany DAX 30 / Jan 31	21,732.05

Item	Value
Crude Oil USD/Barrel / Jan 31	72.53
Karachi Cotton PKR/37.32 KG / Jan 31	18,285
Gold 10 Grams PKR / Jan 31	250,171
Gold Spot USD/Ounce / Jan 31	2,798.41
Cotton US¢/pound / Jan 31	65.88
Petrol/Litre / Feb 2	256.13

Stock	Price
Kohinoor Ind. / Jan 31 Kohinoor Industries Limited(KOIL)	10.21 ▲ 1 (10.86%)
IGI Life Ins / Jan 31 IGI Life Insurance Limited(IGIL)	15.13 ▲ 1.38 (10.04%)
Sana Ind / Jan 31 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
I.C.C. Ind. / Jan 31 ICC Industries Limited(ICCI)	15.72 ▲ 1.43 (10.01%)
Redco Textile / Jan 31 Redco Textiles Limited(REDCO)	24.17 ▲ 2.2 (10.01%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	53.74 ▲ 4.89 (10.01%)
Pak Leather / Jan 31 Pak Leather Crafts Limited(PAKL)	32.63 ▲ 2.97 (10.01%)
Dandot Cement / Jan 31 Dandot Cement Company Limited(DNCC)	16.48 ▲ 1.5 (10.01%)

Stock	Price
Blue-Ex Ltd / Jan 31 Blue-Ex Limited (GEM)(GEMBLUEX)	54.86 ▼ -6.1 (-10.01%)
D.M. Textile / Jan 31 D.M. Textile Mills Limited(DMTX)	63 ▼ -7 (-10%)
First Imrooz Mod. / Jan 31 First Imrooz Modaraba(FIMM)	189 ▼ -21 (-10%)
Power Cem(Pref) / Jan 31 Power Cement (Pref)(POWERPS)	10.41 ▼ -1.15 (-9.95%)
National Silk / Jan 31 The National Silk & Rayon Mills Limited(NSRM)	40.84 ▼ -4.51 (-9.94%)
Sec. Inv. Bank / Jan 31 Security Investment Bank Limited(SIBL)	7.83 ▼ -0.76 (-8.85%)
Shahtaj Sugar / Jan 31 Shahtaj Sugar Mills Limited(SHJS)	109.56 ▼ -10.44 (-8.7%)
Kohinoor Mills / Jan 31 Kohinoor Mills Limited(KML)	31.05 ▼ -2.9 (-8.54%)
F.Credit & Inv / Jan 31 First Credit and Investment Bank Limited(FCIBL)	7.28 ▼ -0.66 (-8.31%)

Stock	Volume
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	66,672,997 ▲ 0.14
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -1.33
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	36,344,486 ▼ -0.06
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.77
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.04
B.O.Punjab / Jan 31 The Bank of Punjab(BOP)	17,873,860 ▲ 0.2
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▼ -0.07
Pak Refinery / Jan 31 Pakistan Refinery Limited(PRL)	16,492,313 ▼ -0.57
Treet Battery / Jan 31 Treet Battery Limited(TBL)	15,390,342 ▲ 1.07

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