News Archives for Print - 2019-09-05

Kartarpur Corridor: India's 'request' declined

Pakistan has declined an Indian request to give its consular officers a role in visa-free access facility to Sikh pilgrims to visit Gurdwara Kartarpur Sahib using the Kartarpur Sahib Corridor and also handed over a comprehensive dossier to India in respon

Published 05 Sep, 2019 12:00am

Osama bin Laden: US 'ditched' Pakistan through unilateral operation: ISPR

Pakistan military spokesperson Maj Gen Asif Ghafoor Wednesday said the US 'ditched' Pakistan in its May 2, 2011 unilateral operation in which Osama bin Laden was killed in Abbottabad following the country's premier agency, Inter-Services Intelligence, pro

Published 05 Sep, 2019 12:00am

Osama bin Laden: US 'ditched' Pakistan through unilateral operation: ISPR

Pakistan military spokesperson Maj Gen Asif Ghafoor Wednesday said the US 'ditched' Pakistan in its May 2, 2011 unilateral operation in which Osama bin Laden was killed in Abbottabad following the country's premier agency, Inter-Services Intelligence, pro

Published 05 Sep, 2019 12:00am

August inflation accelerates to 10.49 percent

Pakistan's consumer inflation edged up to 10.49% year-on-year in August, accelerating slightly from 10.3% a month earlier, following the inclusion of rural markets in the inflation survey, the Bureau of Statistics said on Wednesday.

Published 05 Sep, 2019 12:00am

August inflation accelerates to 10.49 percent

Pakistan's consumer inflation edged up to 10.49% year-on-year in August, accelerating slightly from 10.3% a month earlier, following the inclusion of rural markets in the inflation survey, the Bureau of Statistics said on Wednesday.

Published 05 Sep, 2019 12:00am

All export facilitation schemes, processes automated

The Federal Board of Revenue (FBR) has fully automated all prevailing export facilitation schemes and all processes from filing of application to approval and afterwards from the import of raw materials to its export, has been automated and businessman is

Published 05 Sep, 2019 12:00am

All export facilitation schemes, processes automated

The Federal Board of Revenue (FBR) has fully automated all prevailing export facilitation schemes and all processes from filing of application to approval and afterwards from the import of raw materials to its export, has been automated and businessman is

Published 05 Sep, 2019 12:00am

Exchange

KSE-100 Index surpasses 30,000 level: BRIndex100 edges up

Fresh buying, mainly by local investors in various sectors supported the Pakistan Stock Exchange to close on a positive note Wednesday. BRIndex100 gained 53.18 points or 1.72 percent to close at 3,147.63 points. BRIndex100 touched intraday high of 3,156.7

Published 05 Sep, 2019 12:00am

Exchange

KSE-100 Index surpasses 30,000 level: BRIndex100 edges up

Fresh buying, mainly by local investors in various sectors supported the Pakistan Stock Exchange to close on a positive note Wednesday. BRIndex100 gained 53.18 points or 1.72 percent to close at 3,147.63 points. BRIndex100 touched intraday high of 3,156.7

Published 05 Sep, 2019 12:00am

Exchange

KSE-100 Index surpasses 30,000 level: BRIndex100 edges up

Fresh buying, mainly by local investors in various sectors supported the Pakistan Stock Exchange to close on a positive note Wednesday. BRIndex100 gained 53.18 points or 1.72 percent to close at 3,147.63 points. BRIndex100 touched intraday high of 3,156.7

Updated 05 Sep, 2019 09:33am

Snap poll on horizon after UK MPs vote to block 'no-deal' Brexit

The lower house of the British parliament voted on Wednesday to prevent Prime Minister Boris Johnson taking Britain out of the European Union without a deal, but he proposed a snap election on Oct. 15, just weeks before Brexit, to free his hands. After wr

Published 05 Sep, 2019 12:00am

Snap poll on horizon after UK MPs vote to block 'no-deal' Brexit

The lower house of the British parliament voted on Wednesday to prevent Prime Minister Boris Johnson taking Britain out of the European Union without a deal, but he proposed a snap election on Oct. 15, just weeks before Brexit, to free his hands. After wr

Published 05 Sep, 2019 12:00am

Sugar mills: FBR working on special measures for recovery of ST: Shabbar

Chairman Federal Board of Revenue (FBR) Shabbar Zaidi has said that FBR is working on special measures for recovery of sales tax from sugar mills during 2019-20. According to a tweet of Shabbar Zaidi on Wednesday, "The FBR is working on special measures f

Published 05 Sep, 2019 12:00am

Sugar mills: FBR working on special measures for recovery of ST: Shabbar

Chairman Federal Board of Revenue (FBR) Shabbar Zaidi has said that FBR is working on special measures for recovery of sales tax from sugar mills during 2019-20. According to a tweet of Shabbar Zaidi on Wednesday, "The FBR is working on special measures f

Published 05 Sep, 2019 12:00am

Government to seek guidance from SC: Hafeez

The government has decided to seek guidance from the Supreme Court on Rs 417 billion Gas Infrastructure Development Cess (GIDC) with a request to fix the case for an early hearing, saying it has not surrendered its authority. Addressing a press conference

Published 05 Sep, 2019 12:00am

Government to seek guidance from SC: Hafeez

The government has decided to seek guidance from the Supreme Court on Rs 417 billion Gas Infrastructure Development Cess (GIDC) with a request to fix the case for an early hearing, saying it has not surrendered its authority. Addressing a press conference

Published 05 Sep, 2019 12:00am

Controversial GIDC ordinance withdrawn

The federal government on Wednesday decided to withdraw the Gas Infrastructure Development Cess (Amendment) Ordinance 2019, which was promulgated by President Arif Alvi. A statement issued by the Prime Minister's Office stated that "in view of the recent

Published 05 Sep, 2019 12:00am

Controversial GIDC ordinance withdrawn

The federal government on Wednesday decided to withdraw the Gas Infrastructure Development Cess (Amendment) Ordinance 2019, which was promulgated by President Arif Alvi. A statement issued by the Prime Minister's Office stated that "in view of the recent

Published 05 Sep, 2019 12:00am

Notification

The government has notified for general information that it has decided to commemorate Friday, 6th September 2019 as "Defence Day" as well as "Kashmir Solidarity Day". All offices through out the country will be closed at 15:00 hrs for following activitie

Published 05 Sep, 2019 12:00am

Notification

The government has notified for general information that it has decided to commemorate Friday, 6th September 2019 as "Defence Day" as well as "Kashmir Solidarity Day". All offices through out the country will be closed at 15:00 hrs for following activitie

Published 05 Sep, 2019 12:00am

Nepra may allow setting up of Sindh grid company despite NTDC opposition

The National Electric Power Regulatory Authority (Nepra) is likely to allow the establishment of Sindh Transmission and Dispatch Company Limited (STDC) without any 'business plan' after the National Transmission and Dispatch Company (NTDC) opposed the mov

Published 05 Sep, 2019 12:00am

Nepra may allow setting up of Sindh grid company despite NTDC opposition

The National Electric Power Regulatory Authority (Nepra) is likely to allow the establishment of Sindh Transmission and Dispatch Company Limited (STDC) without any 'business plan' after the National Transmission and Dispatch Company (NTDC) opposed the mov

Published 05 Sep, 2019 12:00am

Exchange

ECC accords approval to various proposals

A meeting of the Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved separate proposals for simplification of tax regime for non-resident companies investing in local debt market, revision of cess rate on tobacco for the year 2019-2

Published 05 Sep, 2019 12:00am

Exchange

ECC accords approval to various proposals

A meeting of the Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved separate proposals for simplification of tax regime for non-resident companies investing in local debt market, revision of cess rate on tobacco for the year 2019-2

Updated 05 Sep, 2019 07:49am

IoK protests claim first confirmed death

A man died in Indian occupied Kashmir nearly a month after being injured in a protest, officials said on Wednesday, confirming the first such death since India revoked the region's autonomy. Asrar Ahmed Khan, 18, from the occupied Srinagar, died on Tuesda

Published 05 Sep, 2019 12:00am

IoK protests claim first confirmed death

A man died in Indian occupied Kashmir nearly a month after being injured in a protest, officials said on Wednesday, confirming the first such death since India revoked the region's autonomy. Asrar Ahmed Khan, 18, from the occupied Srinagar, died on Tuesda

Published 05 Sep, 2019 12:00am

Army reiterates support for people of IoK

Director General Inter-Services Public Relations (ISPR) Maj Gen Asif Ghafoor on Wednesday said that Pakistani Armed Forces are standing by the people of Indian-occupied Kashmir and will go to any length to protect their land. Addressing a press conference

Published 05 Sep, 2019 12:00am

Army reiterates support for people of IoK

Director General Inter-Services Public Relations (ISPR) Maj Gen Asif Ghafoor on Wednesday said that Pakistani Armed Forces are standing by the people of Indian-occupied Kashmir and will go to any length to protect their land. Addressing a press conference

Published 05 Sep, 2019 12:00am

Arabs apprised of Pakistan's approach to IoK situation

The Kingdom of Saudi Arabia and United Arab Emirates (UAE) have expressed concerns over the worsening humanitarian situation in Indian occupied Jammu and Kashmir, and would remain engaged to help address the current challenges and defuse the tensions betw

Published 05 Sep, 2019 12:00am

Arabs apprised of Pakistan's approach to IoK situation

The Kingdom of Saudi Arabia and United Arab Emirates (UAE) have expressed concerns over the worsening humanitarian situation in Indian occupied Jammu and Kashmir, and would remain engaged to help address the current challenges and defuse the tensions betw

Published 05 Sep, 2019 12:00am

Kabul 'concerned' about US-Taliban deal, seeks clarification

The Afghan government expressed doubts Wednesday about a prospective deal between the US and the Taliban, saying officials need more information about the risks it poses. US special envoy Zalmay Khalilzad was in Kabul this week, when he shared with Afghan

Published 05 Sep, 2019 12:00am

Kabul 'concerned' about US-Taliban deal, seeks clarification

The Afghan government expressed doubts Wednesday about a prospective deal between the US and the Taliban, saying officials need more information about the risks it poses. US special envoy Zalmay Khalilzad was in Kabul this week, when he shared with Afghan

Published 05 Sep, 2019 12:00am

Cotton

Cotton locked in tight range

ICE cotton futures inched up on Wednesday but were stuck in a small range because of a lack of demand for the natural fiber and improving crop conditions in the United States. The cotton contract for December settled up 0.35 cent, or 0.60%, at 58.21 cents

Published 05 Sep, 2019 12:00am

The Weather

The weather report on Wednesday (September 04, 2019) and the forecast for Thursday (September 05, 2019).

Updated 05 Sep, 2019 04:50am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (September 04, 2019).

Updated 05 Sep, 2019 04:53am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (September 04, 2019).

Updated 05 Sep, 2019 04:59am

Exchange

LME official prices

The following were Tuesday official prices.

Published 05 Sep, 2019 12:00am

Exchange

LME official prices

The following were Tuesday official prices.

Published 05 Sep, 2019 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (September 04, 2019).

Updated 05 Sep, 2019 05:05am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (September 04, 2019)

Published 05 Sep, 2019 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Wednesday (September 04, 2019).

Published 05 Sep, 2019 12:00am

Exchange

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (September 04, 2019).

Published 05 Sep, 2019 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (September 04, 2019).

Published 05 Sep, 2019 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (September 04, 2019).

Published 05 Sep, 2019 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Wednesday (September 04, 2019).

Updated 05 Sep, 2019 05:13am

Kerb

RECORDER REPORT

Dollar buying and selling rate in the kerb market in rupees on Wednesday (September 04, 2019).

Published 05 Sep, 2019 12:00am

Currency

THE RUPEE: sharp recovery

The rupee gained sharply against the dollar on the money market on Wednesday in the process of trading activity, dealers said. The rupee picked up 44 paisas versus the dollar on the money market for buying and selling at Rs 156.20 and Rs 156.25 respective

Updated 05 Sep, 2019 05:23am

Currency

THE RUPEE: sharp recovery

The rupee gained sharply against the dollar on the money market on Wednesday in the process of trading activity, dealers said. The rupee picked up 44 paisas versus the dollar on the money market for buying and selling at Rs 156.20 and Rs 156.25 respective

Updated 05 Sep, 2019 05:36am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (September 04, 2019).

Published 05 Sep, 2019 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (September 04, 2019).

Published 05 Sep, 2019 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (September 04, 2019).

Published 05 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 Wednesday (September 04, 2019).

Published 05 Sep, 2019 12:00am

Member to Member

The following transactions member to member subsequently reported on Wednesday (September 04, 2019).

Published 05 Sep, 2019 12:00am

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Wednesday (September 04, 2019)

Published 05 Sep, 2019 12:00am

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Wednesday (September 04, 2019)

Published 05 Sep, 2019 12:00am

Mutual Funds

Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 05 Sep, 2019 12:00am

Exchange

Board meetings in progress

Board Meetings in Progress of Companies listed on the Pakistan Stock Exchange.

Published 05 Sep, 2019 12:00am

Exchange

Dividend/Bonus Announcements

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

Published 05 Sep, 2019 12:00am

Last date of renunciation/payment

Last dates of renunciation/payment.

Published 05 Sep, 2019 12:00am

Exchange

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 05 Sep, 2019 12:00am

Exchange

Clearing Schedule for T+2 System

Pakistan Stock Exchange's Clearing Schedule for T+2 System.

Published 05 Sep, 2019 12:00am

Dates of Closure of Books & Annual General Meetings

Exchange

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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