News Archives for Print - 2019-09-04

Re-opening mechanism: Floating rate PIBs may also be auctioned: SBP

The government of Pakistan has decided that Floating Rate Pakistan Investment Bonds (PIBs) may also be auctioned as re-opening of previously issued Floating Rate PIBs. According to a circular issued by State Bank of Pakistan (SBP) on Tuesday, as per the r

Published 04 Sep, 2019 12:00am

BRIndex100 and BR Sectoral Indices

BRIndex100 and BR Sectoral Indices on Tuesday (September 03, 2019).

Published 04 Sep, 2019 12:00am

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

National Clearing Company declares daily settlement information for local & foreign investors on Tuesday (September 03, 2019).

Published 04 Sep, 2019 12:00am

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Tuesday (September 03, 2019)

Published 04 Sep, 2019 12:00am

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Tuesday (September 03, 2019)

Published 04 Sep, 2019 12:00am

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Tuesday (September 03, 2019)

Published 04 Sep, 2019 12:00am

Member to Member

The following transactions member to member subsequently reported on Tuesday (September 03, 2019).

Published 04 Sep, 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 Tuesday (September 03, 2019).

Published 04 Sep, 2019 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Tuesday (September 03, 2019).

Published 04 Sep, 2019 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Tuesday (September 03, 2019).

Published 04 Sep, 2019 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Tuesday (September 03, 2019).

Published 04 Sep, 2019 12:00am

Currency

THE RUPEE: mixed trend

The rupee moved both ways against the dollar on the money market on Tuesday, dealers said.

Updated 04 Sep, 2019 06:16am

Currency

THE RUPEE: mixed trend

The rupee moved both ways against the dollar on the money market on Tuesday, dealers said.

Updated 04 Sep, 2019 05:44am

Kerb

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Tuesday (September 03, 2019).

Published 04 Sep, 2019 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Tuesday (September 03, 2019).

Updated 04 Sep, 2019 06:55am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (September 03, 2019).

Published 04 Sep, 2019 12:00am

Currency

Crucial meeting of FATF to be held in Bangkok on September 9

A two-day meeting of the Financial Action Task Force (FATF) will be held in Bangkok (Thailand) from September 9-10 to discuss Pakistan's progress report, which would form the basis of a definitive decision on Pakistan's fate in October. Sources told this

Published 04 Sep, 2019 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (September 03, 2019).

Published 04 Sep, 2019 12:00am

Currency

Crucial meeting of FATF to be held in Bangkok on September 9

A two-day meeting of the Financial Action Task Force (FATF) will be held in Bangkok (Thailand) from September 9-10 to discuss Pakistan's progress report, which would form the basis of a definitive decision on Pakistan's fate in October. Sources told this

Published 04 Sep, 2019 12:00am

Exchange

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (September 03, 2019).

Published 04 Sep, 2019 12:00am

Relaxation in GIDC: Cabinet orders forensic audit

The federal cabinet on Tuesday decided to conduct a forensic audit of the relaxation in Gas Infrastructure Development Cess (GIDC) given to different industries. Speaking to the media along with Minister for Power Omar Ayub and PM's Special Assistant on P

Published 04 Sep, 2019 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Tuesday (September 03, 2019).

Published 04 Sep, 2019 12:00am

Relaxation in GIDC: Cabinet orders forensic audit

The federal cabinet on Tuesday decided to conduct a forensic audit of the relaxation in Gas Infrastructure Development Cess (GIDC) given to different industries. Speaking to the media along with Minister for Power Omar Ayub and PM's Special Assistant on P

Published 04 Sep, 2019 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (September 03, 2019)

Published 04 Sep, 2019 12:00am

PM takes notice of Rs 208 billion waiver

Prime Minister Imran Khan on Tuesday took notice of Rs 208 billion waiver given to fertilizer sector on account of Gas Infrastructure Development Cess (GIDC). Chairing a meeting of the federal cabinet here, the Prime Minister directed Minister for Power O

Updated 04 Sep, 2019 07:28am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (September 03, 2019).

Published 04 Sep, 2019 12:00am

PM takes notice of Rs 208 billion waiver

Prime Minister Imran Khan on Tuesday took notice of Rs 208 billion waiver given to fertilizer sector on account of Gas Infrastructure Development Cess (GIDC). Chairing a meeting of the federal cabinet here, the Prime Minister directed Minister for Power O

Published 04 Sep, 2019 12:00am

Exchange

LME official prices

The following were Monday official prices.

Published 04 Sep, 2019 12:00am

PM takes notice of Rs 208 billion waiver

Prime Minister Imran Khan on Tuesday took notice of Rs 208 billion waiver given to fertilizer sector on account of Gas Infrastructure Development Cess (GIDC). Chairing a meeting of the federal cabinet here, the Prime Minister directed Minister for Power O

Published 04 Sep, 2019 12:00am

Exchange

LME official prices

The following were Monday official prices.

Published 04 Sep, 2019 12:00am

GIDC liabilities waived off to bring economic stability: minister

Punjab Finance Minister Makhdum Hashim Jawan Bakht on Tuesday said the government has waived off liabilities of businessmen worth Rs 208 billion under Gas Infrastructure Development Cess (GIDC) in a bid to bring economic stability in the country. While ta

Published 04 Sep, 2019 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (September 03, 2019).

Updated 04 Sep, 2019 05:31am

GIDC liabilities waived off to bring economic stability: minister

Punjab Finance Minister Makhdum Hashim Jawan Bakht on Tuesday said the government has waived off liabilities of businessmen worth Rs 208 billion under Gas Infrastructure Development Cess (GIDC) in a bid to bring economic stability in the country. While ta

Published 04 Sep, 2019 12:00am

The Weather

The weather report on Tuesday (September 03, 2019) and the forecast for Wednesday (September 04, 2019).

Updated 04 Sep, 2019 05:28am

Johnson loses majority ahead of Brexit parliament showdown

Prime Minister Boris Johnson on Tuesday lost his working majority in parliament with the dramatic defection of a party member ahead of a showdown with MPs over Brexit that could lead to an early general election. In a heated parliamentary session, Johnson

Published 04 Sep, 2019 12:00am

Kerb

Pakistan Economic Indicators

Pakistan Economic Indicators - Tuesday (September 03, 2019).

Updated 04 Sep, 2019 05:13am

Johnson loses majority ahead of Brexit parliament showdown

Prime Minister Boris Johnson on Tuesday lost his working majority in parliament with the dramatic defection of a party member ahead of a showdown with MPs over Brexit that could lead to an early general election. In a heated parliamentary session, Johnson

Published 04 Sep, 2019 12:00am

Exchange

PSX succumbs to selling pressure: BRIndex100 turns volatile

Pakistan Stock Exchange Tuesday ended on a negative note due to selling in various sectors. BRIndex100 decreased by 31.97 points or 1.02 percent to close at 3,094.45 points. BRIndex-100 touched intraday high of 3,151.61 and intraday low of 3,086.63 points

Updated 04 Sep, 2019 04:46am

Exchange

PSX succumbs to selling pressure: BRIndex100 turns volatile

Pakistan Stock Exchange Tuesday ended on a negative note due to selling in various sectors. BRIndex100 decreased by 31.97 points or 1.02 percent to close at 3,094.45 points. BRIndex-100 touched intraday high of 3,151.61 and intraday low of 3,086.63 points

Published 04 Sep, 2019 12:00am

Exchange

PSX succumbs to selling pressure: BRIndex100 turns volatile

Pakistan Stock Exchange Tuesday ended on a negative note due to selling in various sectors. BRIndex100 decreased by 31.97 points or 1.02 percent to close at 3,094.45 points. BRIndex-100 touched intraday high of 3,151.61 and intraday low of 3,086.63 points

Published 04 Sep, 2019 12:00am

FBR arm issues 250,000 notices to power, gas consumers

Broadening of Tax Base (BTB) unit, Karachi of the Federal Board of Revenue (FBR) has issued notices to 250,000 power and gas consumers in the city. Talking to Business Recorder, Badruddin Qureshi chief commissioner, Regional Tax Office (RTO)-II, Karachi a

Updated 04 Sep, 2019 08:57am

FBR arm issues 250,000 notices to power, gas consumers

Broadening of Tax Base (BTB) unit, Karachi of the Federal Board of Revenue (FBR) has issued notices to 250,000 power and gas consumers in the city. Talking to Business Recorder, Badruddin Qureshi chief commissioner, Regional Tax Office (RTO)-II, Karachi a

Published 04 Sep, 2019 12:00am

PM takes stock of economic slowdown

Prime Minister Imran Khan has asked the industrialists and business men to give proposals to the government to bring about improvement in the economy. A group of industrialists and businessmen called on the Prime Minister on Tuesday which, the officials s

Published 04 Sep, 2019 12:00am

PM takes stock of economic slowdown

Prime Minister Imran Khan has asked the industrialists and business men to give proposals to the government to bring about improvement in the economy. A group of industrialists and businessmen called on the Prime Minister on Tuesday which, the officials s

Published 04 Sep, 2019 12:00am

Exchange

External pressures continue to weigh on forex reserve adequacy: Moody's

External pressures continue to weigh on the country's foreign-exchange reserve adequacy, while political and government liquidity risks remain elevated in Pakistan, says Moody's Investors Service (Moody's). Moody's in its latest announcement of periodic r

Published 04 Sep, 2019 12:00am

Exchange

External pressures continue to weigh on forex reserve adequacy: Moody's

External pressures continue to weigh on the country's foreign-exchange reserve adequacy, while political and government liquidity risks remain elevated in Pakistan, says Moody's Investors Service (Moody's). Moody's in its latest announcement of periodic r

Published 04 Sep, 2019 12:00am

Exchange

External pressures continue to weigh on forex reserve adequacy: Moody''s

External pressures continue to weigh on the country''s foreign-exchange reserve adequacy, while political and government liquidity risks remain elevated in Pakistan, says Moody''s Investors Service (Moody''s). Moody''s in its latest announcement of period

Published 04 Sep, 2019 12:00am

IT concessions to continue after withdrawal of ST zero-rating facility

Federal Board of Revenue (FBR) Tuesday announced that the reduced tax rate under section 148 of the Income Tax Ordinance 2001 available to the manufactures and commercial importers would continue to eligible persons despite withdrawal of zero-rating facil

Published 04 Sep, 2019 12:00am

IT concessions to continue after withdrawal of ST zero-rating facility

Federal Board of Revenue (FBR) Tuesday announced that the reduced tax rate under section 148 of the Income Tax Ordinance 2001 available to the manufactures and commercial importers would continue to eligible persons despite withdrawal of zero-rating facil

Published 04 Sep, 2019 12:00am

Repatriation of profit exceeds FDI: $138.2 million sent abroad by foreign companies in July

Repatriation of profit and dividend by foreign companies operating in Pakistan is higher than Foreign Direct Investment (FDI) arrived in the first month of this fiscal year (FY20). According to State Bank of Pakistan's (SBP) statistics, foreign investors

Published 04 Sep, 2019 12:00am

Repatriation of profit exceeds FDI: $138.2 million sent abroad by foreign companies in July

Repatriation of profit and dividend by foreign companies operating in Pakistan is higher than Foreign Direct Investment (FDI) arrived in the first month of this fiscal year (FY20). According to State Bank of Pakistan's (SBP) statistics, foreign investors

Published 04 Sep, 2019 12:00am

Hindutva ideology termed major challenge

Foreign Minister Shah Mehmood Qureshi Tuesday said that taking on the Hindutva ideology in today's India as well as adding greater momentum to efforts to support Kashmiri people's right to self-determination is the greatest challenge before Pakistan's for

Updated 04 Sep, 2019 07:54am

Hindutva ideology termed major challenge

Foreign Minister Shah Mehmood Qureshi Tuesday said that taking on the Hindutva ideology in today's India as well as adding greater momentum to efforts to support Kashmiri people's right to self-determination is the greatest challenge before Pakistan's for

Published 04 Sep, 2019 12:00am

Exchange

IOK situation: Saudi, UAE FMs due today

Saudi Minister of State for Foreign Affairs Adel bin Ahmed Al-Jubeir and Foreign Minister for United Arab Emirates (UAE) Sheikh Abdullah bin Zayed bin Sultan Al Nahyan will arrive here today (Wednesday) to hold talks with civil and military leadership ami

Updated 04 Sep, 2019 08:01am

Exchange

IOK situation: Saudi, UAE FMs due today

Saudi Minister of State for Foreign Affairs Adel bin Ahmed Al-Jubeir and Foreign Minister for United Arab Emirates (UAE) Sheikh Abdullah bin Zayed bin Sultan Al Nahyan will arrive here today (Wednesday) to hold talks with civil and military leadership ami

Updated 04 Sep, 2019 09:37am

Exchange

Debt market: Non-resident firms to be given massive tax incentives

The government is all set to extend massive tax incentives to non-resident companies investing in local debt market but with no permanent establishment in Pakistan, sources close to Finance Advisor told Business Recorder.

Published 04 Sep, 2019 12:00am

Exchange

Debt market: Non-resident firms to be given massive tax incentives

The government is all set to extend massive tax incentives to non-resident companies investing in local debt market but with no permanent establishment in Pakistan, sources close to Finance Advisor told Business Recorder.

Published 04 Sep, 2019 12:00am

Exchange

Government borrowed Rs 3.44 trillion to finance budget deficit in FY2018-19: MoF

The government has borrowed only Rs 3.44 trillion to finance its budget deficit during FY 2018-19 while the figure of Rs 11 trillion being reported in a section of the media as increase in Total Debt and Liabilities requires certain clarifications, says a

Published 04 Sep, 2019 12:00am

Exchange

Government borrowed Rs 3.44 trillion to finance budget deficit in FY2018-19: MoF

The government has borrowed only Rs 3.44 trillion to finance its budget deficit during FY 2018-19 while the figure of Rs 11 trillion being reported in a section of the media as increase in Total Debt and Liabilities requires certain clarifications, says a

Published 04 Sep, 2019 12:00am

14 passengers killed by Mali road mine

Fourteen bus passengers were killed Tuesday by a road mine in central Mali, the bus company said, in an attack bearing the hallmarks of jihadists who plague the region.

Published 04 Sep, 2019 12:00am

14 passengers killed by Mali road mine

Fourteen bus passengers were killed Tuesday by a road mine in central Mali, the bus company said, in an attack bearing the hallmarks of jihadists who plague the region.

Published 04 Sep, 2019 12:00am

Senator Faraz backs AGN Kazi formula

Billions of rupees of net hydel profit (NHP) collected from consumers and payable to the provinces is being paid to expensive independent power producers (IPPs) for subsidy and tariff adjustment in violation of decisions of the Council of Common Interests

Updated 05 Sep, 2019 05:55pm

Senator Faraz hints at scrapping AGN Kazi formula

Billions of rupees of net hydel profit (NHP) collected from consumers and payable to the provinces is being paid to expensive independent power producers (IPPs) for subsidy and tariff adjustment in violation of decisions of the Council of Common Interests

Published 04 Sep, 2019 12:00am

CoAS pays rich tribute to people of Sindh

Army Chief General Qamar Javed Bajwa on Tuesday said future of Pakistan is in the hands of youth and change can only be brought about by them. He said this during his interaction with representatives of youth from all across Sindh at ISPR. While paying a

Published 04 Sep, 2019 12:00am

CoAS pays rich tribute to people of Sindh

Army Chief General Qamar Javed Bajwa on Tuesday said future of Pakistan is in the hands of youth and change can only be brought about by them. He said this during his interaction with representatives of youth from all across Sindh at ISPR. While paying a

Published 04 Sep, 2019 12:00am

Re-opening mechanism: Floating rate PIBs may also be auctioned: SBP

The government of Pakistan has decided that Floating Rate Pakistan Investment Bonds (PIBs) may also be auctioned as re-opening of previously issued Floating Rate PIBs. According to a circular issued by State Bank of Pakistan (SBP) on Tuesday, as per the r

Published 04 Sep, 2019 12:00am

Re-opening mechanism: Floating rate PIBs may also be auctioned: SBP

The government of Pakistan has decided that Floating Rate Pakistan Investment Bonds (PIBs) may also be auctioned as re-opening of previously issued Floating Rate PIBs. According to a circular issued by State Bank of Pakistan (SBP) on Tuesday, as per the r

Published 04 Sep, 2019 12:00am

UAF agriculture exhibition opens at Expo Centre

The University of Agriculture Faisalabad on Tuesday opened agricultural exhibition at expo centre in which more than 140 university-made technologies were put on display. The expo centre was inaugurated by UAF Vice Chancellor Dr Muhammad Ashraf who was fl

Published 04 Sep, 2019 12:00am

KP CM's mother passes away

The mother of Chief Minister Khyber Pakhtunkhwa Mahmood Khan has been passed away after protracted illness. He funeral prayers were offered at Matta, district Swat. A large number of people including members of National and provincial assemblies, governme

Published 04 Sep, 2019 12:00am

TAPI gas project: Turkmenistan, Pakistan agree to end financial closure in early 2020

Turkmenistan and Pakistan have agreed to conclude the financial closure of Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project in early 2020, an official of Petroleum Division told Business Recorder. He referred to a recent meeting

Published 04 Sep, 2019 12:00am

ABG chief meets Alvi

A delegation of Al Baraka Banking Group (ABG), led by its President & Chief Executive, Adnan Ahmed Yousif, recently called on the President of Pakistan, Dr Arif Alvi. Accompanying the delegation were the Deputy Chairman of Al Baraka Bank Pakistan, Tareq M

Published 04 Sep, 2019 12:00am

Pakistan, India to hold talks on Kartarpur Corridor today

Pakistan and India will hold the third round of talks on Kartarpur Sahib Corridor today (Wednesday) despite deterioration in the bilateral ties in the wake of Modi government's illegal annexation of Kashmir. The meeting is scheduled to take place on the I

Published 04 Sep, 2019 12:00am

Torkham border opens for 24/7 on trial basis

The round the clock operations at Torkham border was started on trial basis by following the directives of Prime Minister Imran Khan in order to give boost to trade activities between Pakistan and Afghanistan. It was pertinent to mention here that Prime M

Published 04 Sep, 2019 12:00am

Libor

Licence renewal fee: Government receives $224.6 millions from two cellular companies, separately

The government of Pakistan has received $224.6 million (Rs 35.262 billion), separately from two cellular companies as their license renewal fee.

Published 04 Sep, 2019 12:00am

Companies vow to promote and implement SDGs

SDG Clinic for SDG Champion Companies vow to collaborate for an integrated effort to promote and implement SDGs through strategic alliances. This commitment was made by SDG Champion companies during the first ever SDG Clinic organized by Global Compact Ne

Published 04 Sep, 2019 12:00am

Controversial video scandal: Court awards five-day remand to three accused

A local court on Tuesday remanded three suspects into Federal Investigation Agency (FIA) custody for five days for their alleged involvement in making a controversial video of former Accountability Court Judge Muhammad Arshad Malik.

Published 04 Sep, 2019 12:00am

Thousands march to Indian High Commission in London

Thousands of protesters have taken out a rally in London to express solidarity with the people of Indian-occupied Kashmir, as a crippling lockdown imposed by the Indian government in the occupied region since revoking its special status entered its 30th d

Published 04 Sep, 2019 12:00am

Students Orientation programme held at SZABIST

SZABIST's Student Orientation Programme was held on 28th & 29th August, 2019. The program was organized by SZABIST and facilitated and supported by Faculty/Staff members and SZABIST Student Council (SSC) c/o Department of Student Affairs Advisory. This ye

Published 04 Sep, 2019 12:00am

Verified Rs 22 billion ST refund to be issued

The Federal Board of Revenue (FBR) has stated that in order to provide liquidity support to the business and to promote economic activities in the country, Government of Pakistan has decided to issue verified Sales Tax refund of Rs 22 billion for all the

Updated 04 Sep, 2019 08:25am

Siraj urges government to abolish Simla accord

Emir Jamaat-e-Islami Siraj-ul-Haq has once again urged the government for abolition of Simla Agreement with India and removal of fence at the Line of Control (LOC) along Occupied Kashmir. He said this while talking to media persons after holding a meeting

Published 04 Sep, 2019 12:00am

Imported and locally produced goods: FBR teams carry out survey of sale

Model Customs Collectorate (Preventive) Lahore on the directions of the Federal Board of Revenue (FBR) Chairman Shabbar Raza Zaidi visited two famous malls of the provincial metropolis to carry out survey of sale of imported and locally produced goods to

Updated 04 Sep, 2019 09:11am

Exchange

'Political instability hitting exports, investments'

President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain has said that political instability is hitting exports, local and foreign investments which is not in the national interest. He said that unprecedented loans have enabled th

Published 04 Sep, 2019 12:00am

National conference on 'Kashmir crisis' held in Islamabad

Centre for Peace, Security and Developmental Studies (CPSD) organized a National Conference on "Kashmir Crisis: Emerging Scenarios" in Islamabad. President Azad Jammu & Kashmir (AJK) Sardar Masood Khan and State Minister for States and Frontier Regions Sh

Published 04 Sep, 2019 12:00am

Partly Facetious : Similarities between IK & Trump

"The Khan is acquiring characteristics common to Trump."

Published 04 Sep, 2019 12:00am

Buzdar inaugurates road project in Hafizabad

Punjab Chief Minister Sardar Usman Buzdar on Tuesday inaugurated a road construction project in Hafizabad which is a part of the 'Naya Pakistan Manzaleen Aasan' programme. "A 1236-km long carpeted road will be constructed in rural areas of the province wi

Published 04 Sep, 2019 12:00am

Gold, silver up in European trade

Gold rose more than 1% on Tuesday after weak manufacturing data from the United States reinforced fears of an economic downturn, while uncertainties over US-China trade ties and Brexit further boosted bullion's safe-haven appeal. Meanwhile, silver followe

Published 04 Sep, 2019 12:00am

Exchange

US MIDDAY: wheat sags

Chicago Board of Trade (CBOT) soft red winter wheat futures fell to three-month lows on Tuesday while US hard wheat futures hit their lowest levels in a decade, pressured by ample world supplies and strong export competition, analysts said. Corn futures f

Published 04 Sep, 2019 12:00am

US MIDDAY: gold, silver surge

Gold rose more than 1% on Tuesday after weak manufacturing data from the United States reinforced fears of an economic downturn, while uncertainties over US-China trade ties and Brexit further boosted bullion's safe-haven appeal. Meanwhile, silver followe

Published 04 Sep, 2019 12:00am

Entry of 14 clerics banned in Islamabad

The Islamabad Capital Territory (ICT) administration has banned the entry of 14 clerics belonging to different schools of thought in the city in wake of the Muharram-ul-Haram. The ban was imposed on five Ulema belonging to the Deobandi sect, five ulema be

Published 04 Sep, 2019 12:00am

Exchange

MoI&P seeks Rs 10.898 billion grant to keep fertiliser plants operational: ECC to discuss proposal today

Ministry of Industries and Production (MoI&P) has sought supplementary grant of Rs 10.898 billion to keep Fatimafert and Agritech fertilizer plants operational on RLNG till November 2019, sources close to Secretary Industries told Business Recorder.</i

Published 04 Sep, 2019 12:00am

Exchange
Matco Foods Limited

Matco Foods Limited (PSX: MFL) was incorporated as a private limited company under the repealed Companies Ordinance, 1984 (now Companies Act, 2017), on April 14, 1990. It was converted into a public limited company in July 2017, finally applying for listi
Updated 06 Sep, 2019 06:35am

Mutual Funds
Matco Foods Limited

Matco Foods Limited (PSX: MFL) was incorporated as a private limited company under the repealed Companies Ordinance, 1984 (now Companies Act, 2017), on April 14, 1990. It was converted into a public limited company in July 2017, finally applying for listi
Published 04 Sep, 2019 12:00am

PIAF chief felicitates LCCI executive body members

Pakistan Industrial and Traders Association Front (PIAF) Chairman Mian Nauman Kabir has felicitated all the newly-elected members of the executive committee of the Lahore Chamber of Commerce and Industry (LCCI) and hoped that voters would again demonstrat
Published 04 Sep, 2019 12:00am

Textile industry ready to adopt renewable sources of energy: Adil

The All Pakistan Textile Mills Association (APTMA) Punjab Chairman Adil Bashir has said that the textile industry is ready for adopting renewable (solar hybrid) energy solutions to deal with sustainability and competitiveness issues.
Published 04 Sep, 2019 12:00am

Taiwan's trade team visits LCCI

A 22-member delegation of the Taiwan External Trade Development Council (TAITRA) on Tuesday visited the Lahore Chamber of Commerce and Industry and expressed its interest in enhancing investment in Pakistan.
Published 04 Sep, 2019 12:00am

Need stresses for promoting applied sciences

Research and universities must promote applied sciences in order to expedite industrial and economic activities in the country and in this connection Government College University Faisalabad (GCUF) intends to set up a dedicated centre to identify and reso
Published 04 Sep, 2019 12:00am

Pak-China Business Forum-Industrial Expo attracts crowds

7th Pak-China Business Forum-Industrial Expo being held at the Lahore Expo Centre is attracting a large number of businessmen, industrialists and general public as the foot fall during first two days was recorded at 50,000 people.
Published 04 Sep, 2019 12:00am

Exchange
GUARD may export 300 metric tons of hybrid rice to Philippines

Guard Agricultural Research & Services Limited (GUARD) is likely to export 300 metric tons of hybrid rice to Philippines this year. It is the second year in row that the Pakistani company will be exporting hybrid rice seed as last year it in collaboration
Published 04 Sep, 2019 12:00am

Body formed to probe issue of Sikh girl's marriage

Punjab Chief Minister Sardar Usman Buzdar has constituted a committee under the chairmanship of Provincial Law Minister Raja Basharat, to probe the matter of marriage of a girl belonging to Sikh community in Nankana Sahib. Other members of the committee i
Published 04 Sep, 2019 12:00am

FONCE-2019 planned for November 28

In collaboration with Pakistan Society of Food Scientists and Technologists (PSFST), the Department of Food Science and Human Nutrition of the University of Veterinary and Animal Sciences (UVAS) organizing a three-day 'International Food and Nutrition Con
Published 04 Sep, 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

Most Popular