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Following an attack on Pakistan Television Corporation (PTV) Headquarters, the Federal Board of Revenue (FBR) management decided to close the FBR House as a precautionary measure here on Monday. The main gates of the FBR headquarters remained shut and there was no presence of army or rangers inside or outside of the FBR.

After incessant fluctuation, the Karachi Stock Exchange (KSE) on Monday closed lower as investors were cautious after riots between police and protestors in Islamabad. The benchmark KSE-100 index lost 74 points to close at 28,494 points compared to 28,568 points in the previous session. During the intraday trading, market fell by some 1.4 percent amid political uncertainty, however later recovered partially in expectations of some kind of resolution after the Supreme Court hinted the mediation between political parties.
After incessant fluctuation, the Karachi Stock Exchange (KSE) on Monday closed lower as investors were cautious after riots between police and protestors in Islamabad. The benchmark KSE-100 index lost 74 points to close at 28,494 points compared to 28,568 points in the previous session. During the intraday trading, market fell by some 1.4 percent amid political uncertainty, however later recovered partially in expectations of some kind of resolution after the Supreme Court hinted the mediation between political parties.
President Vladimir Putin on Monday oversaw the start of construction on a giant pipeline that is due to ship $400 billion worth of Russian gas to China in the three decades after flows begin in 2019. The 4,000 km (2,500 mile) "Power of Siberia" pipeline, being built by state-controlled Gazprom, forms a key part of the Kremlin's energy strategy, symbolising Russia's attempts to wean itself off dependence on European markets that account for most of its exports.
State Bank of Pakistan (SBP) has asked banks to protect and monitor consumer deposits, savings and other similar financial assets by developing an efficient and effective control system to reduce fraud, embezzlement or misuse of both the asset and the related information. The SBP has prepared a descriptive note, entailing the meaning, significance of Financial Consumer Protection (FCP), the global trends in this regard and the conduct expected from banks and DFIs for the advocacy of FCP.
The Lahore High Court (LHC) declared that self-assessed amount of tax due by a taxpayer in his or her sales tax return can only be altered through a fresh assessment of tax under section 11 of Sales Tax Act, 1990 subject to selection of a taxpayer though audit.
Bullish sentiments dominated on the Lahore Stock Exchange on Monday, as the LSE-25 index registered handsome gain of 114.89 points to close at 5291.43 against 5176.54 of last Friday. However, transaction volume was restricted to 1.2 million shares compared with previous volume of 1.553 million shares.
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IndexClosingChg%
ArrowDJIA 17,098.45 0.11
ArrowNasdaq 4,580.27 0.50
ArrowS&P 2,003.37 0.33
ArrowFTSE 6,825.31 0.08
ArrowDAX 9,479.03 0.09
ArrowCAC-40 4,379.73 0.03
ArrowNikkei 15,476.60 0.34
ArrowH.Seng 24,752.09 0.04
ArrowSensex 26,867.55 0.86





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 28, 2014
Reserves $13.582 bln