News Archives for Print - 2019-09-21

ST returns: Single portal to address provinces' reservations: FBR

Federal Board of Revenue (FBR) has conveyed to provincial revenue authorities that the single portal for filing of sales tax returns would address their reservations on adjustment of input tax from telecom companies and regularize input tax adjustment bet

Published 21 Sep, 2019 12:00am

ST returns: Single portal to address provinces' reservations: FBR

Federal Board of Revenue (FBR) has conveyed to provincial revenue authorities that the single portal for filing of sales tax returns would address their reservations on adjustment of input tax from telecom companies and regularize input tax adjustment bet

Published 21 Sep, 2019 12:00am

Gulalai in US, seeking asylum

Gulalai Ismail's campaigns to "empower" Pakistani girls have won her international awards and recognition as one of her country's foremost activists. The 32-year-old said she feared for her life in Pakistan. After four months on the run, she succeeded in

Published 21 Sep, 2019 12:00am

Gulalai in US, seeking asylum

Gulalai Ismail's campaigns to "empower" Pakistani girls have won her international awards and recognition as one of her country's foremost activists. The 32-year-old said she feared for her life in Pakistan. After four months on the run, she succeeded in

Published 21 Sep, 2019 12:00am

Trump threatens to free IS captives at European borders

US President Donald Trump threatened on Friday to release Islamic State prisoners at European borders if France, Germany and other countries don't take back their captured nationals. "I defeated the Caliphate," Trump told reporters in the Oval Office duri

Published 21 Sep, 2019 12:00am

Trump threatens to free IS captives at European borders

US President Donald Trump threatened on Friday to release Islamic State prisoners at European borders if France, Germany and other countries don't take back their captured nationals. "I defeated the Caliphate," Trump told reporters in the Oval Office duri

Published 21 Sep, 2019 12:00am

Lagarde urges policymakers to resolve manmade economic threats

Accustomed to being the first woman in influential leadership positions and speaking frankly to men in power, Christine Lagarde says manmade threats to the global economy can be "man-fixed." Lagarde only last week left her post as head of the Internationa

Published 21 Sep, 2019 12:00am

Lagarde urges policymakers to resolve manmade economic threats

Accustomed to being the first woman in influential leadership positions and speaking frankly to men in power, Christine Lagarde says manmade threats to the global economy can be "man-fixed." Lagarde only last week left her post as head of the Internationa

Published 21 Sep, 2019 12:00am

References against judges: Full court constituted; counsel suffers heart attack

Chief Justice Asif Saeed Khan Khosa on Friday constituted a 10-member Full Court for hearing of petitions against presidential references against Justice Qazi Faez Isa and Justice KK Agha, ajudge of Sindh High Court. The Chief Justice constituted 10-judge

Published 21 Sep, 2019 12:00am

References against judges: Full court constituted; counsel suffers heart attack

Chief Justice Asif Saeed Khan Khosa on Friday constituted a 10-member Full Court for hearing of petitions against presidential references against Justice Qazi Faez Isa and Justice KK Agha, ajudge of Sindh High Court. The Chief Justice constituted 10-judge

Published 21 Sep, 2019 12:00am

California sues Trump admin over auto emissions

California and 23 other states on Friday sued the Trump administration over its bid to restrict their authority to limit auto emissions, setting the stage for a bitter court battle over states' rights and climate change. The lawsuit is in response to Pres

Published 21 Sep, 2019 12:00am

California sues Trump admin over auto emissions

California and 23 other states on Friday sued the Trump administration over its bid to restrict their authority to limit auto emissions, setting the stage for a bitter court battle over states' rights and climate change. The lawsuit is in response to Pres

Published 21 Sep, 2019 12:00am

US applauds PM's statement on Kashmir

The United States has applauded Prime Minister Imran Khan's 'unambiguous & important' statement that militants from Pakistan who would carry out violence in Kashmir are enemies of both Kashmiris and Pakistan. "Applaud Prime Minister Imran Khan's unambigu

Published 21 Sep, 2019 12:00am

US applauds PM's statement on Kashmir

The United States has applauded Prime Minister Imran Khan's 'unambiguous & important' statement that militants from Pakistan who would carry out violence in Kashmir are enemies of both Kashmiris and Pakistan. "Applaud Prime Minister Imran Khan's unambigu

Published 21 Sep, 2019 12:00am

Exchange

KSE-100 index down: BRIndex100 descends

The investors Friday opted to book profit that forced the Pakistan Stock Exchange to close on negative note.

Published 21 Sep, 2019 12:00am

Exchange

KSE-100 index down: BRIndex100 descends

The investors Friday opted to book profit that forced the Pakistan Stock Exchange to close on negative note.

Published 21 Sep, 2019 12:00am

Exchange

KSE-100 index down: BRIndex100 descends

The investors Friday opted to book profit that forced the Pakistan Stock Exchange to close on negative note.

Published 21 Sep, 2019 12:00am

Exchange

Tax incentives to non-resident companies: Cabinet decides to reconsider ECC decision

The federal cabinet has decided to reconsider a decision of the ECC about tax incentives to non-resident companies investing in local debt market, after one of the cabinet members raised objections on the decision. On September 4, 2019 the ECC approved a

Published 21 Sep, 2019 12:00am

Exchange

Tax incentives to non-resident companies: Cabinet decides to reconsider ECC decision

The federal cabinet has decided to reconsider a decision of the ECC about tax incentives to non-resident companies investing in local debt market, after one of the cabinet members raised objections on the decision. On September 4, 2019 the ECC approved a

Published 21 Sep, 2019 12:00am

Duke & Duchess of Cambridge due on October 14

The Duke and Duchess of Cambridge - Prince William and Kate Middleton - will visit Pakistan from October 14-18, 2019. "Kensington Palace has announced Friday that the official visit to Pakistan by Their Royal Highnesses the Duke and Duchess of Cambridge

Published 21 Sep, 2019 12:00am

Duke & Duchess of Cambridge due on October 14

The Duke and Duchess of Cambridge - Prince William and Kate Middleton - will visit Pakistan from October 14-18, 2019. "Kensington Palace has announced Friday that the official visit to Pakistan by Their Royal Highnesses the Duke and Duchess of Cambridge

Published 21 Sep, 2019 12:00am

NAB accused of trespassing on Nepra's jurisdiction

National Electric Power Regulatory Authority (Nepra) has accused National Accountability Bureau (NAB) of interfering in its jurisdiction due to which the sensitivities of officials were hurt. These accusations have been made by the regulator in its State

Published 21 Sep, 2019 12:00am

NAB accused of trespassing on Nepra's jurisdiction

National Electric Power Regulatory Authority (Nepra) has accused National Accountability Bureau (NAB) of interfering in its jurisdiction due to which the sensitivities of officials were hurt. These accusations have been made by the regulator in its State

Published 21 Sep, 2019 12:00am

Cotton

YoY figures: August exports decline 7.65 percent to $1.86 billion

Despite massive depreciation of rupee from August 2018 to August 2019, the country's exports have witnessed a decline of 7.65 percent. According to Pakistan Bureau of Statistics (PBS) figures released on Friday, Pakistan's exports in August 2019 stood at

Published 21 Sep, 2019 12:00am

Cotton

YoY figures: August exports decline 7.65 percent to $1.86 billion

Despite massive depreciation of rupee from August 2018 to August 2019, the country's exports have witnessed a decline of 7.65 percent. According to Pakistan Bureau of Statistics (PBS) figures released on Friday, Pakistan's exports in August 2019 stood at

Published 21 Sep, 2019 12:00am

Exchange

Experts list factors behind dearness

The government's monetary policy stance with very high policy rate as well as overvalued exchange rate and heavy reliance on indirect taxes are responsible for price hike and dearness in the country and these are going to have serious consequences for the

Published 21 Sep, 2019 12:00am

Exchange

Experts list factors behind dearness

The government's monetary policy stance with very high policy rate as well as overvalued exchange rate and heavy reliance on indirect taxes are responsible for price hike and dearness in the country and these are going to have serious consequences for the

Published 21 Sep, 2019 12:00am

Omar tells IMF team: PD's circular debt shows considerable cut in its growth

An IMF delegation headed by Ernesto Ramirez Rigo met Federal Minister for Power Omar Ayub Khan on Friday. Secretary Power Division Irfan Ali and other senior officials of the Power Division were also present during the meeting. The federal minister for p

Published 21 Sep, 2019 12:00am

Omar tells IMF team: PD's circular debt shows considerable cut in its growth

An IMF delegation headed by Ernesto Ramirez Rigo met Federal Minister for Power Omar Ayub Khan on Friday. Secretary Power Division Irfan Ali and other senior officials of the Power Division were also present during the meeting. The federal minister for p

Published 21 Sep, 2019 12:00am

Exchange

Ailing economy: IMF prescribes 'decisive' reform implementation dose

The Interna-tional Monetary Fund (IMF) has stated that "decisive" implementation of the economic reforms program of Extended Fund Facility (EFF) is critical to pave way for stronger and sustainable growth. An International Monetary Fund (IMF) mission, led

Published 21 Sep, 2019 12:00am

Exchange

Ailing economy: IMF prescribes 'decisive' reform implementation dose

The Interna-tional Monetary Fund (IMF) has stated that "decisive" implementation of the economic reforms program of Extended Fund Facility (EFF) is critical to pave way for stronger and sustainable growth. An International Monetary Fund (IMF) mission, led

Published 21 Sep, 2019 12:00am

Government gives green light to five LNG terminal plans

Pakistan has given the go-ahead to five consortiums, including Exxon Mobil, Royal Dutch Shell and Mitsubishi, to progress with their liquefied natural gas (LNG) terminal plans, a minister told Reuters on Friday. The move comes on the heels of the arrests

Published 21 Sep, 2019 12:00am

Government gives green light to five LNG terminal plans

Pakistan has given the go-ahead to five consortiums, including Exxon Mobil, Royal Dutch Shell and Mitsubishi, to progress with their liquefied natural gas (LNG) terminal plans, a minister told Reuters on Friday. The move comes on the heels of the arrests

Published 21 Sep, 2019 12:00am

Hezbollah says Iran would destroy Saudi Arabia in any war

Lebanon's Hezbollah warned Saudi Arabia on Friday against betting on a war against Iran because it would destroy the kingdom and said Riyadh and the United Arab Emirates should halt the conflict in Yemen to protect themselves. Sayyed Hassan Nasrallah, hea

Published 21 Sep, 2019 12:00am

Hezbollah says Iran would destroy Saudi Arabia in any war

Lebanon's Hezbollah warned Saudi Arabia on Friday against betting on a war against Iran because it would destroy the kingdom and said Riyadh and the United Arab Emirates should halt the conflict in Yemen to protect themselves. Sayyed Hassan Nasrallah, hea

Published 21 Sep, 2019 12:00am

Trump announces toughest curbs 'ever' on Iran

President Donald Trump on Friday announced new sanctions on Iran's central bank, calling the measures the toughest ever imposed on another country by the United States. "We have just sanctioned the Iranian national bank," Trump told reporters in the Oval

Published 21 Sep, 2019 12:00am

Trump announces toughest curbs 'ever' on Iran

President Donald Trump on Friday announced new sanctions on Iran's central bank, calling the measures the toughest ever imposed on another country by the United States. "We have just sanctioned the Iranian national bank," Trump told reporters in the Oval

Published 21 Sep, 2019 12:00am

Media persons visit damaged Saudi oil facilities

Saudi Arabia on Friday took media on a tour of oil facilities damaged by attacks that Washington and Riyadh blame on Iran, showing melted pipes and burnt equipment, as Tehran vowed wide retaliation if heightened tensions boil over into hostilities. The ki

Published 21 Sep, 2019 12:00am

Media persons visit damaged Saudi oil facilities

Saudi Arabia on Friday took media on a tour of oil facilities damaged by attacks that Washington and Riyadh blame on Iran, showing melted pipes and burnt equipment, as Tehran vowed wide retaliation if heightened tensions boil over into hostilities. The ki

Published 21 Sep, 2019 12:00am

105 cases worth Rs 137 billion in water ministry, attached departments detected

The Auditor General of Pakistan (AGP) has unearthed 105 cases of irregular expenditure, misuse of public funds, and weaknesses in internal control systems, overpayments and negligence worth Rs 137 billion in Ministry of Water Resources and its attached de

Published 21 Sep, 2019 12:00am

105 cases worth Rs 137 billion in water ministry, attached departments detected

The Auditor General of Pakistan (AGP) has unearthed 105 cases of irregular expenditure, misuse of public funds, and weaknesses in internal control systems, overpayments and negligence worth Rs 137 billion in Ministry of Water Resources and its attached de

Published 21 Sep, 2019 12:00am

Power sector: 375 major cases of malfeasance unearthed

The Auditor General of Pakistan has unearthed 375 cases of irregularities, unjustified/irregular payment, weaknesses in internal control systems, damages, embezzlements and understatement of account balances, amounting to Rs 3.841 trillion in the country'

Published 21 Sep, 2019 12:00am

The Weather

The weather report on Friday (September 20, 2019) and the forecast for Saturday (September 21, 2019).

Published 21 Sep, 2019 12:00am

Power sector: 375 major cases of malfeasance unearthed

The Auditor General of Pakistan has unearthed 375 cases of irregularities, unjustified/irregular payment, weaknesses in internal control systems, damages, embezzlements and understatement of account balances, amounting to Rs 3.841 trillion in the country'

Published 21 Sep, 2019 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (September 20, 2019).

Published 21 Sep, 2019 12:00am

Major, soldier martyred on Afghan border

An officer and a soldier of Pakistan Army embraced martyrdom when an improvised explosive device (IED) went off on Pak-Afghan border, the Inter-Services Public Relations (ISPR) said on Friday. Director General ISPR Major General Asif Ghafoor said in a twe

Published 21 Sep, 2019 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (September 20, 2019).

Published 21 Sep, 2019 12:00am

Major, soldier martyred on Afghan border

An officer and a soldier of Pakistan Army embraced martyrdom when an improvised explosive device (IED) went off on Pak-Afghan border, the Inter-Services Public Relations (ISPR) said on Friday. Director General ISPR Major General Asif Ghafoor said in a twe

Published 21 Sep, 2019 12:00am

Exchange

LME official prices

The following were Thursday official prices.

Published 21 Sep, 2019 12:00am

Climate protests sweep globe

From the Solomon Islands to New York's Wall Street, millions of students and workers abandoned schools and offices on Friday to demand urgent action to stop global warming, joining a worldwide strike inspired by 16-year-old Swedish activist Greta Thunberg

Published 21 Sep, 2019 12:00am

Exchange

LME official prices

The following were Thursday official prices.

Published 21 Sep, 2019 12:00am

Climate protests sweep globe

From the Solomon Islands to New York's Wall Street, millions of students and workers abandoned schools and offices on Friday to demand urgent action to stop global warming, joining a worldwide strike inspired by 16-year-old Swedish activist Greta Thunberg

Published 21 Sep, 2019 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (September 20, 2019).

Published 21 Sep, 2019 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (September 20, 2019)

Published 21 Sep, 2019 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Friday (September 20, 2019).

Published 21 Sep, 2019 12:00am

Exchange

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Friday (September 20, 2019).

Published 21 Sep, 2019 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (September 20, 2019).

Published 21 Sep, 2019 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (September 20, 2019).

Published 21 Sep, 2019 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Friday (September 20, 2019).

Published 21 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 Friday (September 20, 2019).

Published 21 Sep, 2019 12:00am

Currency

THE RUPEE: steady trend

The rupee gained slightly against the dollar on the money market on Friday in the process of trading activity, dealers said. The rupee recovered further 15 paisas versus the dollar for buying and selling at Rs 156.05 and Rs 156.10 respectively, they said.

Published 21 Sep, 2019 12:00am

Currency

THE RUPEE: steady trend

The rupee gained slightly against the dollar on the money market on Friday in the process of trading activity, dealers said. The rupee recovered further 15 paisas versus the dollar for buying and selling at Rs 156.05 and Rs 156.10 respectively, they said.

Published 21 Sep, 2019 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Friday (September 20, 2019).

Published 21 Sep, 2019 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Friday (September 20, 2019).

Published 21 Sep, 2019 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Friday (September 20, 2019).

Published 21 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 Friday (September 20, 2019).

Published 21 Sep, 2019 12:00am

Member to Member

The following transactions member to member subsequently reported on Friday (September 20, 2019).

Published 21 Sep, 2019 12:00am

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Friday (September 20, 2019)

Published 21 Sep, 2019 12:00am

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Friday (September 20, 2019)

Published 21 Sep, 2019 12:00am

Mutual Funds

Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 21 Sep, 2019 12:00am

Exchange

Board meetings in progress

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

Published 21 Sep, 2019 12:00am

Exchange

Dividend/Bonus Announcements

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

Published 21 Sep, 2019 12:00am

Last date of renunciation/payment

Last dates of renunciation/payment.

Published 21 Sep, 2019 12:00am

Exchange

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 21 Sep, 2019 12:00am

Exchange

Clearing Schedule for T+2 System

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

Published 21 Sep, 2019 12:00am

Dates of Closure of Books & Annual General Meetings

Exchange

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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