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Print - 2019-09-14
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 14 Sep, 2019 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (September 13, 2019).

Published 14 Sep, 2019 12:00am
THE RUPEE: mixed patterns
Currency

THE RUPEE: mixed patterns

The rupee moved both ways against the dollar on the money market on Friday in process of trading activity, dealers said. The rupee shed slight gains versus the dollar for buying and selling at Rs 156.25 and Rs 156.28, they said.
Published 14 Sep, 2019 12:00am
THE RUPEE: mixed patterns
Currency

THE RUPEE: mixed patterns

The rupee moved both ways against the dollar on the money market on Friday in process of trading activity, dealers said. The rupee shed slight gains versus the dollar for buying and selling at Rs 156.25 and Rs 156.28, they said.
Published 14 Sep, 2019 12:00am
RECORDER REPORT
Kerb

RECORDER REPORT

Dollar buying and selling rate in the kerb market in rupees on Friday (September 13, 2019).

Updated 14 Sep, 2019 06:49am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (September 13, 2019).

Published 14 Sep, 2019 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (September 13, 2019).

Published 14 Sep, 2019 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (September 13, 2019)

Published 14 Sep, 2019 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (September 13, 2019).

Updated 14 Sep, 2019 06:03am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (September 13, 2019).

Updated 14 Sep, 2019 05:43am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (September 13, 2019).

Updated 14 Sep, 2019 05:35am
The Weather

The Weather

The weather report on Friday (September 13, 2019) and the forecast for Saturday (September 14, 2019).

Updated 14 Sep, 2019 05:26am
Khushal Balochistan Programme: COAS briefed about progress on projects

Khushal Balochistan Programme: COAS briefed about progress on projects

Chief of Army Staff General Qamar Javed Bajwa has appreciated the efforts of Army and other law enforcement agencies (LEAs) in maintaining law and order in Balochistan to facilitate completion of development projects. The Army Chief said this during his v
Published 14 Sep, 2019 12:00am
Khushal Balochistan Programme: COAS briefed about progress on projects

Khushal Balochistan Programme: COAS briefed about progress on projects

Chief of Army Staff General Qamar Javed Bajwa has appreciated the efforts of Army and other law enforcement agencies (LEAs) in maintaining law and order in Balochistan to facilitate completion of development projects. The Army Chief said this during his v
Published 14 Sep, 2019 12:00am
PM vows to raise Kashmir issue at UNGA session

PM vows to raise Kashmir issue at UNGA session

Prime Minister Imran Khan on Friday urged the international community to take notice of Indian atrocities in Occupied Kashmir, and promised to raise the Kashmir issue at next week's UN General Assembly session. In a fiery speech at University Ground to sh
Published 14 Sep, 2019 12:00am
PM vows to raise Kashmir issue at UNGA session

PM vows to raise Kashmir issue at UNGA session

Prime Minister Imran Khan on Friday urged the international community to take notice of Indian atrocities in Occupied Kashmir, and promised to raise the Kashmir issue at next week's UN General Assembly session. In a fiery speech at University Ground to sh
Published 14 Sep, 2019 12:00am
IMF for placing debt on 'firm' downward trend

IMF for placing debt on 'firm' downward trend

The International Monetary Fund (IMF) has stated that Pakistan needs to mobilize domestic tax revenue to fund much-needed social and development spending by keeping debt on a firm downward trend. This was stated by Director IMF Communications Depar-tment,
Published 14 Sep, 2019 12:00am
IMF for placing debt on 'firm' downward trend

IMF for placing debt on 'firm' downward trend

The International Monetary Fund (IMF) has stated that Pakistan needs to mobilize domestic tax revenue to fund much-needed social and development spending by keeping debt on a firm downward trend. This was stated by Director IMF Communications Depar-tment,
Published 14 Sep, 2019 12:00am
Citibank team meets Hafeez

Citibank team meets Hafeez

A delegation, comprising senior management of Citibank led by its President and Country Corporate Office, Nadeem Lodhi called of Adviser to Prime Minister on Finance and Revenue, Dr Abdul Hafeez Shaikh, here Friday. During the meeting, opportunities and i
Published 14 Sep, 2019 12:00am
Citibank team meets Hafeez

Citibank team meets Hafeez

A delegation, comprising senior management of Citibank led by its President and Country Corporate Office, Nadeem Lodhi called of Adviser to Prime Minister on Finance and Revenue, Dr Abdul Hafeez Shaikh, here Friday. During the meeting, opportunities and i
Published 14 Sep, 2019 12:00am
Government hints at imposing ban on sugar export

Government hints at imposing ban on sugar export

The government on Friday warned sugar industry that if the commodity's price continues to show an increasing trend in the domestic market, options of putting a ban on exports maybe explored. This message was conveyed to the sugar industry at a meeting of
Published 14 Sep, 2019 12:00am
Government hints at imposing ban on sugar export

Government hints at imposing ban on sugar export

The government on Friday warned sugar industry that if the commodity's price continues to show an increasing trend in the domestic market, options of putting a ban on exports maybe explored. This message was conveyed to the sugar industry at a meeting of
Published 14 Sep, 2019 12:00am
Inflation to slow down in next FY: SBP governor
Exchange

Inflation to slow down in next FY: SBP governor

The State Bank of Pakistan (SBP) Governor Dr Reza Baqir has assured that country's economy would see turnaround sooner than later by adhering economic reform programme. He was speaking at the 16th Annual Excellence Awards Ceremony, organised by CFA Societ
Published 14 Sep, 2019 12:00am
Inflation to slow down in next FY: SBP governor
Exchange

Inflation to slow down in next FY: SBP governor

The State Bank of Pakistan (SBP) Governor Dr Reza Baqir has assured that country's economy would see turnaround sooner than later by adhering economic reform programme. He was speaking at the 16th Annual Excellence Awards Ceremony, organised by CFA Societ
Published 14 Sep, 2019 12:00am
Workers' remittances: Inflows decline by 17 percent in August

Workers' remittances: Inflows decline by 17 percent in August

Inflows of workers' remittances sent by overseas Pakistanis have posted a notable decline of 17 percent during the month of August 2019. According to State Bank of Pakistan (SBP), overseas Pakistani workers have remitted $1.691 billion in August 2019 as c
Published 14 Sep, 2019 12:00am
Workers' remittances: Inflows decline by 17 percent in August

Workers' remittances: Inflows decline by 17 percent in August

Inflows of workers' remittances sent by overseas Pakistanis have posted a notable decline of 17 percent during the month of August 2019. According to State Bank of Pakistan (SBP), overseas Pakistani workers have remitted $1.691 billion in August 2019 as c
Published 14 Sep, 2019 12:00am
Banks (Nationalisation) (Amendment) Bill, 2019 introduced in NA
Exchange

Banks (Nationalisation) (Amendment) Bill, 2019 introduced in NA

The government on Friday introduced 'The Banks (Nationalization) (Amendment) Bill, 2019' for regulatory supervision of all non-banking institutions, including National Investment Trust Limited (NITL), under the regulatory purview of Securities and Exchang
Published 14 Sep, 2019 12:00am
Banks (Nationalisation) (Amendment) Bill, 2019 introduced in NA
Exchange

Banks (Nationalisation) (Amendment) Bill, 2019 introduced in NA

The government on Friday introduced 'The Banks (Nationalization) (Amendment) Bill, 2019' for regulatory supervision of all non-banking institutions, including National Investment Trust Limited (NITL), under the regulatory purview of Securities and Exchang
Published 14 Sep, 2019 12:00am
KSE-100 index falls: BRIndex100 loses 5.75 point
Exchange

KSE-100 index falls: BRIndex100 loses 5.75 point

Pakistan Stock Exchange ended on negative note on the last day of the week as the investors opted to book profit on available margins in various sectors. BRIndex100 lost 5.75 points or 0.17 percent to close at 3,297.04 points on Friday. During the session
Updated 14 Sep, 2019 04:43am
KSE-100 index falls: BRIndex100 loses 5.75 point
Exchange

KSE-100 index falls: BRIndex100 loses 5.75 point

Pakistan Stock Exchange ended on negative note on the last day of the week as the investors opted to book profit on available margins in various sectors. BRIndex100 lost 5.75 points or 0.17 percent to close at 3,297.04 points on Friday. During the session
Published 14 Sep, 2019 12:00am
KSE-100 index falls: BRIndex100 loses 5.75 point
Exchange

KSE-100 index falls: BRIndex100 loses 5.75 point

Pakistan Stock Exchange ended on negative note on the last day of the week as the investors opted to book profit on available margins in various sectors. BRIndex100 lost 5.75 points or 0.17 percent to close at 3,297.04 points on Friday. During the session
Published 14 Sep, 2019 12:00am
Philippine capital jolted by quake

Philippine capital jolted by quake

An earthquake that struck east of the Philippine capital Manila on Friday set buildings swaying and sent scores into the streets, but authorities said they did not expect any damage. The 5.2-magnitude jolt hit offshore near sparsely populated Polillo Isla
Published 14 Sep, 2019 12:00am
Petitions regarding GIDC levy to be heard on September 19th
Cotton

Petitions regarding GIDC levy to be heard on September 19th

A three-member special bench of the Supreme Court will start hearing 107 pending petitions regarding Gas Infrastructure Development Cess (GIDC) levy from September 19. The bench headed by Justice Mushir Alam and comprising Justice Faisal Arab and Justice
Published 14 Sep, 2019 12:00am
Petitions regarding GIDC levy to be heard on September 19th
Cotton

Petitions regarding GIDC levy to be heard on September 19th

A three-member special bench of the Supreme Court will start hearing 107 pending petitions regarding Gas Infrastructure Development Cess (GIDC) levy from September 19. The bench headed by Justice Mushir Alam and comprising Justice Faisal Arab and Justice
Published 14 Sep, 2019 12:00am
Shahbaz Gill resigns as Punjab CM's spokesperson

Shahbaz Gill resigns as Punjab CM's spokesperson

Dr Shahbaz Gill tendered his resignation from the office of spokesperson for Punjab Chief Minister on Friday. "I hereby resign from the office of official spokesperson to CM Punjab," Gill stated in a note of resignation addressed to the chief minister. Dr
Published 14 Sep, 2019 12:00am
Shahbaz Gill resigns as Punjab CM's spokesperson

Shahbaz Gill resigns as Punjab CM's spokesperson

Dr Shahbaz Gill tendered his resignation from the office of spokesperson for Punjab Chief Minister on Friday. "I hereby resign from the office of official spokesperson to CM Punjab," Gill stated in a note of resignation addressed to the chief minister. Dr
Published 14 Sep, 2019 12:00am
India's Stalin admits to problems visiting Russia

India's Stalin admits to problems visiting Russia

Sharing a name with one of Europe's most brutal dictators isn't a problem in his home country, but Indian politician MK Stalin admitted Friday it raised eyebrows on a visit to Russia. "As soon as I landed at a Russian airport, I was asked to mention my na
Published 14 Sep, 2019 12:00am
SC declares recovery of arrears in school fee void

SC declares recovery of arrears in school fee void

The Supreme Court has ruled that private schools shall not recover as arrears for any reason or under any circumstances 20% reduction in fee directed through its order dated 30-12-18. The Court on December 30, 2018 had directed all the educational institu
Published 14 Sep, 2019 12:00am
SC declares recovery of arrears in school fee void

SC declares recovery of arrears in school fee void

The Supreme Court has ruled that private schools shall not recover as arrears for any reason or under any circumstances 20% reduction in fee directed through its order dated 30-12-18. The Court on December 30, 2018 had directed all the educational institu
Published 14 Sep, 2019 12:00am
US House panel to force testimony from Khalilzad

US House panel to force testimony from Khalilzad

The US House of Representatives Foreign Affairs Committee said on Thursday it will subpoena President Donald Trump's special Afghanistan envoy, Zalmay Khalilzad, to testify on Sept. 19, after the abrupt cancellation of talks with the country's Taliban mil
Published 14 Sep, 2019 12:00am
US House panel to force testimony from Khalilzad

US House panel to force testimony from Khalilzad

The US House of Representatives Foreign Affairs Committee said on Thursday it will subpoena President Donald Trump's special Afghanistan envoy, Zalmay Khalilzad, to testify on Sept. 19, after the abrupt cancellation of talks with the country's Taliban mil
Published 14 Sep, 2019 12:00am
Discount rate debate
Exchange

Discount rate debate

The decision to raise the discount rate to 13.25 percent on 16 July, a 150 basis points raise in addition to the raise of 100 basis points on 20 May, has widened the distrust between the Khan administration's economic team and the business community with
Updated 17 Sep, 2019 06:57am
President perseveres

President perseveres

Under Article 56 of the Constitution the President "may" address either House or both Houses assembled together, but he is under constitutional obligation to address a joint session of Parliament at the commencement of each year, and also inform it of the
Updated 17 Sep, 2019 06:57am
PM-businesspeople interaction

PM-businesspeople interaction

Prime Minister Imran Khan while addressing a select group of businesspeople said last Tuesday that his government was making all-out efforts to provide maximum facilities to business community.
Updated 14 Sep, 2019 07:53am
Captured

Captured

Remarkably, well at least on the face of it, economic decisions are now the domain of the electronic media; not that there is any intention of taking any credit away from the media celebrities who seemingly reversed a decision which might have resulted in
Updated 14 Sep, 2019 07:58am
Biden maintains grip on 2020 Democratic race

Biden maintains grip on 2020 Democratic race

Those expecting Joe Biden's presidential candidacy to flame out any day now will have to keep waiting. The former US vice president survived another Democratic debate on Thursday largely unbloodied and unbowed, leaving those on the margins of the race for
Published 14 Sep, 2019 12:00am
'Reforming SOEs in Pakistan'

'Reforming SOEs in Pakistan'

The PTI government appears to be deeply concerned about the role of SOEs that are causing a huge burden on country's economy. That is why the adviser to PM on finance Dr Abdul Hafeez Sheikh has underscored the need for taking the required steps aimed at c
Updated 14 Sep, 2019 08:14am
Lawmakers vow to help achieve SDGs

Lawmakers vow to help achieve SDGs

Lawmakers from all four provinces and different political parties Friday joined hands for generating a national response to achieve the Sustainable Development Goals (SDGs). The members of the Senate, National Assembly and members of the four provincial a
Published 14 Sep, 2019 12:00am
AC links provision of AC facility to Zardari with doctors' opinion

AC links provision of AC facility to Zardari with doctors' opinion

The Accountability Court hearing the multibillion rupees fake bank accounts case on Friday linked provision of air-conditioning facility to former president Asif Ali Zardari in jail with doctors' opinion. Accountability Court Judge Muhammad Bashir was hea
Published 14 Sep, 2019 12:00am
Qureshi briefs Kashmir Cell: diplomatic efforts bearing fruit

Qureshi briefs Kashmir Cell: diplomatic efforts bearing fruit

Foreign Minister Shah Mehmood Qureshi has said that international community has rejected India's false narrative on the illegal and unilateral actions of August 5 in the Occupied Jammu and Kashmir while Pakistan's diplomatic efforts are bearing fruit.
Published 14 Sep, 2019 12:00am
Women, children protest against IOK lockdown

Women, children protest against IOK lockdown

A number of women and children Friday staged a protest against the continued lockdown and other atrocities being carried out by Indian troops in Occupied Kashmir. The protest rally was held in connection with Kashmir Solidarity Movement to express solidar
Published 14 Sep, 2019 12:00am
PM's Karachi visit put off

PM's Karachi visit put off

Prime Minister Imran Khan's visit to Karachi on Saturday (today) has been postponed. The prime minister was scheduled to visit Karachi on Saturday. Sources said that the PM will visit Karachi after the Karachi Strategic Committee prepared its recommendati
Published 14 Sep, 2019 12:00am
Detained members: opposition to approach SC for production orders

Detained members: opposition to approach SC for production orders

Pakistan Muslim League-Nawaz (PML-N) leader Khawaja Muhammad Asif has said that opposition would approach the Supreme Court if the speaker National Assembly does not issue production orders for the detained members of the House. Speaking on the floor of t
Published 14 Sep, 2019 12:00am
Names of seven most-wanted human traffickers placed on FIA's Red Book

Names of seven most-wanted human traffickers placed on FIA's Red Book

Federal Investigation Agency (FIA) has placed the names of another seven most wanted human smugglers/traffickers on its Red Book 2019. The ninth edition of Red Book 2019, which was recently published, contains the profiles of 100 most wanted human smuggle
Published 14 Sep, 2019 12:00am
Future US strategy in Afghanistan can rely on bases in Pakistan: Biden

Future US strategy in Afghanistan can rely on bases in Pakistan: Biden

Frontrunner Joe Biden went on the offensive on Thursday in the third Democratic debate of the 2020 White House race, taking on the Afghanistan issue and saying that a future United States strategy in the war-torn country could depend on bases in Pakistan.
Published 14 Sep, 2019 12:00am
Country's first CMC may become functional by March 2020
Exchange

Country's first CMC may become functional by March 2020

Pakistan's first Collateral Management Company (CMC) is expected to be operational by March 2020. The Chairman, Securities and Exchange Commission of Pakistan (SECP) Aamir Khan and the Commissioner, Securities Market Division, Shauzab Ali chaired a crucia
Published 14 Sep, 2019 12:00am