News Archives for Print - 2019-09-18

Chinese official to visit US to prepare for trade talks

A Chinese vice finance minister will visit the United States on Wednesday to lay the groundwork for trade talks next month, state media said. The United States and China have been embroiled in a bruising trade war for more than a year but they have eased

Published 18 Sep, 2019 12:00am

Chinese official to visit US to prepare for trade talks

A Chinese vice finance minister will visit the United States on Wednesday to lay the groundwork for trade talks next month, state media said. The United States and China have been embroiled in a bruising trade war for more than a year but they have eased

Published 18 Sep, 2019 12:00am

Exchange

Iran says it held talks with Afghanistan's Taliban

Iran held talks with a delegation from Afghanistan's Taliban, the Foreign Ministry said on Tuesday, a week after peace talks between the United States and the Islamist insurgents collapsed. Iran said in December it had been meeting with Taliban representa

Published 18 Sep, 2019 12:00am

Exchange

Iran says it held talks with Afghanistan's Taliban

Iran held talks with a delegation from Afghanistan's Taliban, the Foreign Ministry said on Tuesday, a week after peace talks between the United States and the Islamist insurgents collapsed. Iran said in December it had been meeting with Taliban representa

Published 18 Sep, 2019 12:00am

Petitions of Justice Isa, others: Two judges recuse themselves

Justice Sardar Tariq Masood and Justice Ijaz-ul-Ahsan recused themselves from the bench hearing constitutional petitions of Justice Qazi Faez Isa and others against the composition of Supreme Judicial Council (SJC). The matter was referred to Chief Justic

Published 18 Sep, 2019 12:00am

Petitions of Justice Isa, others: Two judges recuse themselves

Justice Sardar Tariq Masood and Justice Ijaz-ul-Ahsan recused themselves from the bench hearing constitutional petitions of Justice Qazi Faez Isa and others against the composition of Supreme Judicial Council (SJC). The matter was referred to Chief Justic

Published 18 Sep, 2019 12:00am

European Parliament approves Lagarde as next ECB chief

The European Parliament on Tuesday approved outgoing IMF chief Christine Lagarde as the next boss of the European Central Bank, which last week announced massive stimulus for the sluggish eurozone despite divisions among its governors. Lagarde, who was ab

Published 18 Sep, 2019 12:00am

European Parliament approves Lagarde as next ECB chief

The European Parliament on Tuesday approved outgoing IMF chief Christine Lagarde as the next boss of the European Central Bank, which last week announced massive stimulus for the sluggish eurozone despite divisions among its governors. Lagarde, who was ab

Published 18 Sep, 2019 12:00am

CPNE body to meet tomorrow

Expressing its deep concern over the re-announcement of government's controversial plan to set up special media tribunals by special assistant to PM on information Dr Firdous Ashiq Awan, Council of Pakistan Newspaper Editors (CPNE) has described it as ant

Published 18 Sep, 2019 12:00am

CPNE body to meet tomorrow

Expressing its deep concern over the re-announcement of government's controversial plan to set up special media tribunals by special assistant to PM on information Dr Firdous Ashiq Awan, Council of Pakistan Newspaper Editors (CPNE) has described it as ant

Published 18 Sep, 2019 12:00am

Apple slams EU as epic court battle over tax bill begins

Apple went on the offensive against Brussels in an EU court on Tuesday, fighting the European Commission's landmark order that the iPhone-maker reimburse Ireland 13 billion euros ($14 billion) in back taxes. The EU's tax demand, delivered in 2016, "defies

Published 18 Sep, 2019 12:00am

Apple slams EU as epic court battle over tax bill begins

Apple went on the offensive against Brussels in an EU court on Tuesday, fighting the European Commission's landmark order that the iPhone-maker reimburse Ireland 13 billion euros ($14 billion) in back taxes. The EU's tax demand, delivered in 2016, "defies

Published 18 Sep, 2019 12:00am

Exchange

NA body expresses its concerns

A meeting of the National Assembly Standing Committee on Finance has expressed serious concerns over the International Monetary Fund (IMF) programme that led to fuel inflation and economic slowdown. This was revealed by Qaiser Sheikh of Pakistan Muslim Le

Published 18 Sep, 2019 12:00am

Exchange

NA body expresses its concerns

A meeting of the National Assembly Standing Committee on Finance has expressed serious concerns over the International Monetary Fund (IMF) programme that led to fuel inflation and economic slowdown. This was revealed by Qaiser Sheikh of Pakistan Muslim Le

Published 18 Sep, 2019 12:00am

Exchange

IMF says won't revise program targets

The Interna-tional Monetary Fund (IMF) said on Tuesday that the energy sector's circular debt is burden on the state and a big source of uncertainty, and made it clear that it would not revise its program targets already agreed with the government. This w

Published 18 Sep, 2019 12:00am

Exchange

IMF says won't revise program targets

The Interna-tional Monetary Fund (IMF) said on Tuesday that the energy sector's circular debt is burden on the state and a big source of uncertainty, and made it clear that it would not revise its program targets already agreed with the government. This w

Published 18 Sep, 2019 12:00am

Exchange

KSE-100 Index rangebound: BRIndex100 inches down

Pakistan Stock Exchange Tuesday witnessed a mixed trend. It closed on a negative note due to selling in various sectors at the fag end. BRIndex100 lost 5.31 points or 0.16 percent to close at 3,347.41 points. BRIndex100 touched intraday high of 3,377.79 a

Published 18 Sep, 2019 12:00am

Exchange

KSE-100 Index rangebound: BRIndex100 inches down

Pakistan Stock Exchange Tuesday witnessed a mixed trend. It closed on a negative note due to selling in various sectors at the fag end. BRIndex100 lost 5.31 points or 0.16 percent to close at 3,347.41 points. BRIndex100 touched intraday high of 3,377.79 a

Published 18 Sep, 2019 12:00am

The Weather

The weather report on Tuesday (September 17, 2019) and the forecast for Wednesday (September 18, 2019).

Updated 18 Sep, 2019 05:11am

Exchange

KSE-100 Index rangebound: BRIndex100 inches down

Pakistan Stock Exchange Tuesday witnessed a mixed trend. It closed on a negative note due to selling in various sectors at the fag end. BRIndex100 lost 5.31 points or 0.16 percent to close at 3,347.41 points. BRIndex100 touched intraday high of 3,377.79 a

Published 18 Sep, 2019 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (September 17, 2019).

Updated 18 Sep, 2019 05:22am

Britain's Supreme Court enters Brexit crisis

Britain's Sup-reme Court began considering legal challenges Tuesday to Prime Minister Boris Johnson's controversial decision to suspend parliament for over a month, as the country's political crisis over Brexit intensifies. The court started hearing three

Published 18 Sep, 2019 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (September 17, 2019).

Updated 18 Sep, 2019 05:29am

Britain's Supreme Court enters Brexit crisis

Britain's Sup-reme Court began considering legal challenges Tuesday to Prime Minister Boris Johnson's controversial decision to suspend parliament for over a month, as the country's political crisis over Brexit intensifies. The court started hearing three

Published 18 Sep, 2019 12:00am

Exchange

LME official prices

The following were Monday official prices.

Published 18 Sep, 2019 12:00am

India says expects to gain control over AJ&K one day

India's foreign minister said on Tuesday that 'the part of Kashmir controlled by Pakistan' belongs to India and that he expected India to gain physical control over it one day, raising the rhetoric over the territorial dispute. "Our position on PoK is, ha

Published 18 Sep, 2019 12:00am

Exchange

LME official prices

The following were Monday official prices.

Published 18 Sep, 2019 12:00am

India says expects to gain control over AJ&K one day

India's foreign minister said on Tuesday that 'the part of Kashmir controlled by Pakistan' belongs to India and that he expected India to gain physical control over it one day, raising the rhetoric over the territorial dispute. "Our position on PoK is, ha

Published 18 Sep, 2019 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (September 17, 2019).

Updated 18 Sep, 2019 05:45am

Fed meets as markets await rate cut

US central bankers opened their hotly-anticipated policy meeting on Tuesday, with investors expecting the Federal Reserve to cut interest rates for the second time this year. Wall Street was cautious early Tuesday, with stocks in a holding pattern ahead o

Published 18 Sep, 2019 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (September 17, 2019)

Published 18 Sep, 2019 12:00am

Fed meets as markets await rate cut

US central bankers opened their hotly-anticipated policy meeting on Tuesday, with investors expecting the Federal Reserve to cut interest rates for the second time this year. Wall Street was cautious early Tuesday, with stocks in a holding pattern ahead o

Published 18 Sep, 2019 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Tuesday (September 17, 2019).

Published 18 Sep, 2019 12:00am

Arshad Malik: videos, audios genuine?

A leading British digital forensic organization is said to have confirmed in its 43-pages report that former accountability court judge Arshed Malik's secretly recorded videos and audios genuine, authentic and consistent with the original recordings. It w

Published 18 Sep, 2019 12:00am

Exchange

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (September 17, 2019).

Published 18 Sep, 2019 12:00am

Arshad Malik: videos, audios genuine?

A leading British digital forensic organization is said to have confirmed in its 43-pages report that former accountability court judge Arshed Malik's secretly recorded videos and audios genuine, authentic and consistent with the original recordings. It w

Published 18 Sep, 2019 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (September 17, 2019).

Published 18 Sep, 2019 12:00am

Maryam allowed to continue as party's vice-president

Rejecting the petition of four Pakistan Tehreek-e-Insaf (PTI) lawmakers, Election Commission of Pakistan (ECP) Tuesday allowed Maryam Nawaz to continue as PML-N vice president but barred her from heading the party even on acting basis. A three-member ECP

Published 18 Sep, 2019 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (September 17, 2019).

Published 18 Sep, 2019 12:00am

Maryam allowed to continue as party's vice-president

Rejecting the petition of four Pakistan Tehreek-e-Insaf (PTI) lawmakers, Election Commission of Pakistan (ECP) Tuesday allowed Maryam Nawaz to continue as PML-N vice president but barred her from heading the party even on acting basis. A three-member ECP

Published 18 Sep, 2019 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Tuesday (September 17, 2019).

Updated 18 Sep, 2019 06:56am

Oil prices sink as quick Saudi output recovery seen

Oil prices sank five percent on Tuesday, reversing some of the previous day's gains as analysts said they were expecting Saudi output to recover sooner than expected after weekend drone attacks. At around 1400 GMT, North Sea Brent crude oil for delivery i

Published 18 Sep, 2019 12:00am

Kerb

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Tuesday (September 17, 2019).

Published 18 Sep, 2019 12:00am

Oil prices sink as quick Saudi output recovery seen

Oil prices sank five percent on Tuesday, reversing some of the previous day's gains as analysts said they were expecting Saudi output to recover sooner than expected after weekend drone attacks. At around 1400 GMT, North Sea Brent crude oil for delivery i

Published 18 Sep, 2019 12:00am

Currency

THE RUPEE: minor changes

The rupee fell slightly against the dollar on the inter-bank market, while it was unmoved on the open market on Tuesday in the process of trading activity, dealers said.

Published 18 Sep, 2019 12:00am

Attack on Saudi Arabia came from Iran: US official

The United States has concluded that the weekend attack on Saudi oil facilities was launched from Iranian soil and cruise missiles were involved, a US official told AFP on Tuesday. The official, who declined to be identified, said the United States was ga

Published 18 Sep, 2019 12:00am

Currency

THE RUPEE: minor changes

The rupee fell slightly against the dollar on the inter-bank market, while it was unmoved on the open market on Tuesday in the process of trading activity, dealers said.

Published 18 Sep, 2019 12:00am

Attack on Saudi Arabia came from Iran: US official

The United States has concluded that the weekend attack on Saudi oil facilities was launched from Iranian soil and cruise missiles were involved, a US official told AFP on Tuesday. The official, who declined to be identified, said the United States was ga

Published 18 Sep, 2019 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Tuesday (September 17, 2019).

Published 18 Sep, 2019 12:00am

PM telephones MBS

Prime Minister Imran Khan Tuesday made a telephone call to Crown Prince of the Kingdom of Saudi Arabia Mohammad Bin Salman and strongly condemned the drone attacks on Saudi oil processing facility and oil field which caused material damage and disruption

Published 18 Sep, 2019 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Tuesday (September 17, 2019).

Published 18 Sep, 2019 12:00am

PM telephones MBS

Prime Minister Imran Khan Tuesday made a telephone call to Crown Prince of the Kingdom of Saudi Arabia Mohammad Bin Salman and strongly condemned the drone attacks on Saudi oil processing facility and oil field which caused material damage and disruption

Published 18 Sep, 2019 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Tuesday (September 17, 2019).

Published 18 Sep, 2019 12:00am

Exchange

UK, Germany urge 'collective response'

Britain and Germany on Tuesday urged the international community to forge a "collective response" to the drone attacks on Saudi Arabia's oil installations, which US officials have blamed on Iran. British Prime Minister Boris Johnson and German Chancellor

Published 18 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 17, 2019).

Published 18 Sep, 2019 12:00am

Exchange

UK, Germany urge 'collective response'

Britain and Germany on Tuesday urged the international community to forge a "collective response" to the drone attacks on Saudi Arabia's oil installations, which US officials have blamed on Iran. British Prime Minister Boris Johnson and German Chancellor

Published 18 Sep, 2019 12:00am

Member to Member

The following transactions member to member subsequently reported on Tuesday (September 17, 2019).

Published 18 Sep, 2019 12:00am

Exchange

Taliban attacks kill 48

Taliban suicide bombers killed 48 people in two separate attacks in Afghanistan on Tuesday, the deadliest taking place near an election rally by President Ashraf Ghani, though he was unhurt. The attacks happened 11 days before Afghanistan's presidential e

Published 18 Sep, 2019 12:00am

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Tuesday (September 17, 2019)

Published 18 Sep, 2019 12:00am

Exchange

Taliban attacks kill 48

Taliban suicide bombers killed 48 people in two separate attacks in Afghanistan on Tuesday, the deadliest taking place near an election rally by President Ashraf Ghani, though he was unhurt. The attacks happened 11 days before Afghanistan's presidential e

Published 18 Sep, 2019 12:00am

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Tuesday (September 17, 2019)

Published 18 Sep, 2019 12:00am

Cabinet decides to set up 'special' media tribunals

The government on Tuesday decided to set up 'special' media tribunals to resolve issues relating to media industry and stakeholders. In a post-cabinet briefing, Prime Minister's Special Assistant on Information and Broadcasting Dr Firdous Ashiq Awan said

Published 18 Sep, 2019 12:00am

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Tuesday (September 17, 2019)

Published 18 Sep, 2019 12:00am

Cabinet decides to set up 'special' media tribunals

The government on Tuesday decided to set up 'special' media tribunals to resolve issues relating to media industry and stakeholders. In a post-cabinet briefing, Prime Minister's Special Assistant on Information and Broadcasting Dr Firdous Ashiq Awan said

Published 18 Sep, 2019 12:00am

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 18 Sep, 2019 12:00am

Exchange

Board meetings in progress

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

Published 18 Sep, 2019 12:00am

Exchange

Dividend/Bonus Announcements

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

Published 18 Sep, 2019 12:00am

Last date of renunciation/payment

Last dates of renunciation/payment.

Published 18 Sep, 2019 12:00am

Exchange

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 18 Sep, 2019 12:00am

Exchange

Clearing Schedule for T+2 System

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

Published 18 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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