News Archives for Print - 2019-09-28

Tariffs of renewable energy projects to be re-determined

The government has decided to re-determine tariffs of all those renewable energy projects which had been granted tariffs more than a year, aimed at making their tariffs as per market environment, well-informed sources told Business Recorder.

Published 28 Sep, 2019 12:00am

Tariffs of renewable energy projects to be re-determined

The government has decided to re-determine tariffs of all those renewable energy projects which had been granted tariffs more than a year, aimed at making their tariffs as per market environment, well-informed sources told Business Recorder.

Published 28 Sep, 2019 12:00am

Egypt should allow peaceful protests: US

The United States wants Egypt to allow peaceful protests, a US official said Friday, as authoritarian President Abdel Fattah al-Sisi clamps down on demonstrations that have proliferated around the country.

Published 28 Sep, 2019 12:00am

Egypt should allow peaceful protests: US

The United States wants Egypt to allow peaceful protests, a US official said Friday, as authoritarian President Abdel Fattah al-Sisi clamps down on demonstrations that have proliferated around the country.

Published 28 Sep, 2019 12:00am

Brother gets life for 'honour killing' of Qandeel

The brother of social media star Qandeel Baloch was on Friday sentenced to life in prison for her murder. Baloch, 26, who shot to fame for her risque selfies - tame by Western standards, but considered provocative in deeply misogynistic Pakistan - was str

Published 28 Sep, 2019 12:00am

Brother gets life for 'honour killing' of Qandeel

The brother of social media star Qandeel Baloch was on Friday sentenced to life in prison for her murder. Baloch, 26, who shot to fame for her risque selfies - tame by Western standards, but considered provocative in deeply misogynistic Pakistan - was str

Published 28 Sep, 2019 12:00am

Three die of electrocution as rains lash Karachi

At least three persons were electrocuted during torrential rains that lashed the city Friday. The tropical rain that has been continuing for past four days, resumed Friday afternoon and hampered the routine activities in the city as main and inner arterie

Published 28 Sep, 2019 12:00am

Three die of electrocution as rains lash Karachi

At least three persons were electrocuted during torrential rains that lashed the city Friday. The tropical rain that has been continuing for past four days, resumed Friday afternoon and hampered the routine activities in the city as main and inner arterie

Published 28 Sep, 2019 12:00am

PIMA arranging basic lifesaving support training sessions

Pakistan Islamic Medical Association (PIMA) will be arranging Basic Life Support (BLS) training sessions for the general public at 48 mosques across the country today (September 28, 2019). According to a press release, the aim of these sessions is to trai

Published 28 Sep, 2019 12:00am

EU and Japan ink plan to bypass 'new Silk Road'

The EU and Japan on Friday signed an infrastructure agreement to link Europe and Asia as a counter to China's ambitious "Belt and Road" strategy. Japanese Prime Minister Shinzo Abe and European Commission chief Jean-Claude Juncker inked the accord to coor

Published 28 Sep, 2019 12:00am

EU and Japan ink plan to bypass 'new Silk Road'

The EU and Japan on Friday signed an infrastructure agreement to link Europe and Asia as a counter to China's ambitious "Belt and Road" strategy. Japanese Prime Minister Shinzo Abe and European Commission chief Jean-Claude Juncker inked the accord to coor

Published 28 Sep, 2019 12:00am

104 identified: Rs 4 billion Benami properties attached so far: FBR

The Federal Board of Revenue (FBR) Benami Zones have so far identified 104 Benami properties and attached properties worth Rs 4 billion in 15 cases. According to the FBR, in pursuance of PM's directive, FBR Anti-Benami Zones have started a countrywide exe

Published 28 Sep, 2019 12:00am

104 identified: Rs 4 billion Benami properties attached so far: FBR

The Federal Board of Revenue (FBR) Benami Zones have so far identified 104 Benami properties and attached properties worth Rs 4 billion in 15 cases. According to the FBR, in pursuance of PM's directive, FBR Anti-Benami Zones have started a countrywide exe

Published 28 Sep, 2019 12:00am

Exchange

RBI schemes: Malaysia asked to help identify Pakistanis

Pakistan has formally requested the Malaysian tax authorities to assist in identifying Pakistanis who have taken their illegal funds out of the country and invested in Malaysia's Residence by Investment (RBI) schemes and are now hiding behind RBI-based re

Published 28 Sep, 2019 12:00am

Exchange

RBI schemes: Malaysia asked to help identify Pakistanis

Pakistan has formally requested the Malaysian tax authorities to assist in identifying Pakistanis who have taken their illegal funds out of the country and invested in Malaysia's Residence by Investment (RBI) schemes and are now hiding behind RBI-based re

Updated 30 Sep, 2019 11:53am

NPMC vows action against incidence of cartelization

A meeting of the National Price Monitoring Committee (NPMC) has decided that action should be taken against the incidence of cartelization causing undue profiteering and monopolistic practices fueling price hike in the country and also directed Federal Bo

Published 28 Sep, 2019 12:00am

NPMC vows action against incidence of cartelization

A meeting of the National Price Monitoring Committee (NPMC) has decided that action should be taken against the incidence of cartelization causing undue profiteering and monopolistic practices fueling price hike in the country and also directed Federal Bo

Published 28 Sep, 2019 12:00am

Exchange

Blue chips lead PSX gains: BRIndex100 snaps losing streak

Fresh buying in various sectors supported the Pakistan Stock Exchange to close on a positive note with healthy gains Friday. BRIndex100 gained 71.53 points or 2.19 percent to close at 3,341.40 points. BRIndex100 touched intraday high of 3,344.19 and intra

Published 28 Sep, 2019 12:00am

Exchange

Blue chips lead PSX gains: BRIndex100 snaps losing streak

Fresh buying in various sectors supported the Pakistan Stock Exchange to close on a positive note with healthy gains Friday. BRIndex100 gained 71.53 points or 2.19 percent to close at 3,341.40 points. BRIndex100 touched intraday high of 3,344.19 and intra

Published 28 Sep, 2019 12:00am

Exchange

Blue chips lead PSX gains: BRIndex100 snaps losing streak

Fresh buying in various sectors supported the Pakistan Stock Exchange to close on a positive note with healthy gains Friday. BRIndex100 gained 71.53 points or 2.19 percent to close at 3,341.40 points. BRIndex100 touched intraday high of 3,344.19 and intra

Updated 28 Sep, 2019 04:48am

Pakistan improves in six areas of 'doing business': World Bank

The World Bank (WB) Friday said that Pakistan has improved in six areas measured by 'doing business' - starting a business, dealing with construction permits, getting electricity, registering property, paying taxes and trading across borders - reflecting

Published 28 Sep, 2019 12:00am

Pakistan improves in six areas of 'doing business': World Bank

The World Bank (WB) Friday said that Pakistan has improved in six areas measured by 'doing business' - starting a business, dealing with construction permits, getting electricity, registering property, paying taxes and trading across borders - reflecting

Published 28 Sep, 2019 12:00am

Finance division to prepare cash forecasting framework

Finance Division would prepare a cash forecasting framework with total cash management forecast consistent with the budget and revenue forecast from the Federal Board of Revenue and ministries under Cash Management & Treasury Single Account Policy 2019-29

Published 28 Sep, 2019 12:00am

Finance division to prepare cash forecasting framework

Finance Division would prepare a cash forecasting framework with total cash management forecast consistent with the budget and revenue forecast from the Federal Board of Revenue and ministries under Cash Management & Treasury Single Account Policy 2019-29

Published 28 Sep, 2019 12:00am

Finance division to prepare cash forecasting framework

Finance Division would prepare a cash forecasting framework with total cash management forecast consistent with the budget and revenue forecast from the Federal Board of Revenue and ministries under Cash Management & Treasury Single Account Policy 2019-29

Published 28 Sep, 2019 12:00am

Exchange

MoF says policies yielding desired results

The Ministry of Finance Friday claimed that macro adjustment policies such as monetary tightening, exchange rate adjustments and cuts in development spending have started paying the desired results with stability and growing strength visible in many secto

Published 28 Sep, 2019 12:00am

Exchange

MoF says policies yielding desired results

The Ministry of Finance Friday claimed that macro adjustment policies such as monetary tightening, exchange rate adjustments and cuts in development spending have started paying the desired results with stability and growing strength visible in many secto

Published 28 Sep, 2019 12:00am

Afghanistan prepares to vote for a president

Millions of Afghans are expected to brave the threat of militant attacks to vote in a presidential election on Saturday, hoping to prevent a repeat of a bitter, fraud-marred and ultimately unresolved poll in 2014. About a dozen candidates are in the fray

Published 28 Sep, 2019 12:00am

Afghanistan prepares to vote for a president

Millions of Afghans are expected to brave the threat of militant attacks to vote in a presidential election on Saturday, hoping to prevent a repeat of a bitter, fraud-marred and ultimately unresolved poll in 2014. About a dozen candidates are in the fray

Published 28 Sep, 2019 12:00am

FBR will launch new audit framework: Shabbar

Chairman Federal Board of Revenue (FBR) Shabbar Zaidi said on Friday that FBR will launch new audit framework in the first week of October 2019. According to a tweet of Shabbar Zaidi, a taxpayers' friendly, easy, simple and effective audit framework will

Published 28 Sep, 2019 12:00am

FBR will launch new audit framework: Shabbar

Chairman Federal Board of Revenue (FBR) Shabbar Zaidi said on Friday that FBR will launch new audit framework in the first week of October 2019. According to a tweet of Shabbar Zaidi, a taxpayers' friendly, easy, simple and effective audit framework will

Published 28 Sep, 2019 12:00am

Discos, CPPA-G allowed to increase power tariff

National Electric Power Regulatory Authority (Nepra) has allowed Discos and CPPA-G to increase power tariff by Rs 0.53 per unit to recover Rs 53 billion from consumers across the board. The Authority determined tariffs of seven Discos for the FY 2016-17 &

Published 28 Sep, 2019 12:00am

Discos, CPPA-G allowed to increase power tariff

National Electric Power Regulatory Authority (Nepra) has allowed Discos and CPPA-G to increase power tariff by Rs 0.53 per unit to recover Rs 53 billion from consumers across the board. The Authority determined tariffs of seven Discos for the FY 2016-17 &

Published 28 Sep, 2019 12:00am

Next SAARC summit in Islamabad agreed: Qureshi

Minister for Foreign Affairs Shah Mahmood Qureshi Thursday said the member countries of South Asian Association for Regional Cooperation (SAARC) had unanimously agreed to hold the next summit level meeting in Pakistan. The decision was taken in a minister

Published 28 Sep, 2019 12:00am

Next SAARC summit in Islamabad agreed: Qureshi

Minister for Foreign Affairs Shah Mahmood Qureshi Thursday said the member countries of South Asian Association for Regional Cooperation (SAARC) had unanimously agreed to hold the next summit level meeting in Pakistan. The decision was taken in a minister

Published 28 Sep, 2019 12:00am

The Weather

The weather report on Friday (September 27, 2019) and the forecast for Saturday (September 28, 2019).

Updated 28 Sep, 2019 06:13am

US presses India on Kashmir rights

The United States wants New Delhi to quickly ease restrictions imposed in occupied Kashmir, a senior official said Thursday, declaring President Donald Trump's willingness to mediate to ease tensions between India and Pakistan over the territory.

Published 28 Sep, 2019 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (September 27, 2019).

Updated 28 Sep, 2019 07:00am

US presses India on Kashmir rights

The United States wants New Delhi to quickly ease restrictions imposed in occupied Kashmir, a senior official said Thursday, declaring President Donald Trump's willingness to mediate to ease tensions between India and Pakistan over the territory.

Published 28 Sep, 2019 12:00am

Exchange

LME official prices

The following were Thursday official prices.

Published 28 Sep, 2019 12:00am

Modi dodges mention of occupied Kashmir

Indian Prime Minister Narendra Modi broadly denounced terrorism at the United Nations on Friday but avoided any direct mention of one of the world's most perilous standoffs: Pakistan's recent warning that India's crackdown in the disputed region of Kashmi

Published 28 Sep, 2019 12:00am

Exchange

LME official prices

The following were Thursday official prices.

Published 28 Sep, 2019 12:00am

Modi dodges mention of occupied Kashmir

Indian Prime Minister Narendra Modi broadly denounced terrorism at the United Nations on Friday but avoided any direct mention of one of the world's most perilous standoffs: Pakistan's recent warning that India's crackdown in the disputed region of Kashmi

Published 28 Sep, 2019 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (September 27, 2019).

Updated 28 Sep, 2019 07:22am

'Do something' PM makes passionate appeal to global community • Warns of 'bloodbath' when IoK curfew lifted

Warning of a "bloodbath" in Indian-held Kashmir, Prime Minister Imran Khan on Friday demanded immediate lifting of the "inhuman" curfew and sought support of the world community in giving the Kashmiris their right to self determination.

Published 28 Sep, 2019 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (September 27, 2019)

Published 28 Sep, 2019 12:00am

'Do something' PM makes passionate appeal to global community • Warns of 'bloodbath' when IoK curfew lifted

Warning of a "bloodbath" in Indian-held Kashmir, Prime Minister Imran Khan on Friday demanded immediate lifting of the "inhuman" curfew and sought support of the world community in giving the Kashmiris their right to self determination.

Published 28 Sep, 2019 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Friday (September 27, 2019).

Published 28 Sep, 2019 12:00am

Exchange

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Friday (September 27, 2019).

Published 28 Sep, 2019 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (September 27, 2019).

Published 28 Sep, 2019 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (September 27, 2019).

Published 28 Sep, 2019 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Friday (September 27, 2019).

Updated 28 Sep, 2019 07:14am

Kerb

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Friday (September 27, 2019).

Published 28 Sep, 2019 12:00am

Currency

THE RUPEE: steady trend

The rupee managed to hold the present trend in relation to the dollar on the money market on Friday in the process of trading activity, dealers said.

Published 28 Sep, 2019 12:00am

Currency

THE RUPEE: steady trend

The rupee managed to hold the present trend in relation to the dollar on the money market on Friday in the process of trading activity, dealers said.

Published 28 Sep, 2019 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Friday (September 27, 2019).

Published 28 Sep, 2019 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Friday (September 27, 2019).

Published 28 Sep, 2019 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Friday (September 27, 2019).

Published 28 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 27, 2019).

Published 28 Sep, 2019 12:00am

Member to Member

The following transactions member to member subsequently reported on Friday (September 27, 2019).

Published 28 Sep, 2019 12:00am

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Friday (September 27, 2019)

Published 28 Sep, 2019 12:00am

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Friday (September 27, 2019)

Published 28 Sep, 2019 12:00am

Mutual Funds

Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 28 Sep, 2019 12:00am

Exchange

Board meetings in progress

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

Published 28 Sep, 2019 12:00am

Exchange

Dividend/Bonus Announcements

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

Published 28 Sep, 2019 12:00am

Last date of renunciation/payment

Last dates of renunciation/payment.

Published 28 Sep, 2019 12:00am

Exchange

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 28 Sep, 2019 12:00am

Exchange

Clearing Schedule for T+2 System

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

Published 28 Sep, 2019 12:00am

Dates of Closure of Books & Annual General Meetings

Exchange

Currency	Rate
USD PKR Interbank Selling / Dec 17	278.60
USD PKR Interbank Buying / Dec 17	278.60
USD to Japanese Yen / Dec 17	153.56
USD to Swiss Franc / Dec 17	0.89
Pound Sterling to USD / Dec 17	1.27
Euro to USD / Dec 17	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
India Sensex / Dec 17	80,684.45
Tokyo Nikkei / Dec 17	39,164.26
Nasdaq / Dec 17	20,109.06
Hang Seng / Dec 17	19,815.30
FTSE 100 / Dec 17	8,195.20
Dow Jones / Dec 17	43,449.90
Germany DAX 30 / Dec 17	20,246.37

Item	Value
Crude Oil USD/Barrel / Dec 17	70.11
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold 10 Grams PKR / Dec 17	241,860
Gold Spot USD/Ounce / Dec 17	2,644.07
Cotton US¢/pound / Dec 17	68.53
Petrol/Litre / Dec 18	252.10

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.62 ▲ 0.92 (16.14%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	7.95 ▲ 0.84 (11.81%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.50 ▲ 0.45 (11.11%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Shaheen Ins. / Dec 18 Shaheen Insurance Company Limited(SHNI)	6.70 ▲ 0.61 (10.02%)
Nimir Resins / Dec 18 Nimir Resins Limited(NRSL)	35.16 ▲ 3.20 (10.01%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)
Diamond Ind. / Dec 18 Diamond Industries Limited(DIIL)	20.90 ▲ 1.90 (10.00%)

Stock	Price
Equity Modaraba / Dec 18 First Equity Modaraba(FEM)	3.01 ▼ -0.43 (-12.50%)
Dewan Textile / Dec 18 Dewan Textile Mills Limited(DWTM)	5.67 ▼ -0.77 (-11.96%)
Blue-Ex Ltd / Dec 18 Blue-Ex Limited (GEM)(GEMBLUEX)	37.76 ▼ -4.20 (-10.01%)
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
Din Tex. / Dec 18 Din Textile Mills Limited(DINT)	45.90 ▼ -5.10 (-10.00%)
J.K.Spinning / Dec 18 J.K. Spinning Mills Limited(JKSM)	58.50 ▼ -6.50 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Calcorp Ltd / Dec 18 Calcorp Limited(CASH)	26.22 ▼ -2.91 (-9.99%)
Sanghar Sugar / Dec 18 Sanghar Sugar Mills Limited(SANSM)	29.20 ▼ -3.15 (-9.74%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.10
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▼ -0.36
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.27
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▲ 0.07
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -0.65
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.20
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.14
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -2.63
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	31,365,092 ▼ -0.10

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