02102016Wed
Last update: Wed, 10 Feb 2016 11am

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On Tuesday, BRIndex30 opened at 19,739.74 points and remained negative throughout the trading session. It touched an intraday high of 19,739.74 points and an intraday low of 19,602.14 points and closed at 19,619.44 points which was -120.3 points or -0.61 percent lower than previous close. Total volume was 82,216,800, which was 55.39 percent of KSE All share volume and 89.73 percent of KSE 100 volume.
Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (February 09, 2016).

The federal government on Monday issued show-cause notices to more than seventy employees of Pakistan International Airline Corporation (PIAC), including pilots, engineers and senior officials, who were engaged in 'illegal' protest against the planned privatisation of PIA. The PIA management has started issuing show-cause notices to the protesting employees under the Pakistan Essential Services (Maintenance) Act (PESMA) 1952.
A petition challenging the 1952 Essential Services Maintenance Act meant for the national carrier has been dismissed. On Monday, the Lahore High Court said the case hardly called for hearing since a notification of the ordinance imposition was never attached and also the petitioner was never part of any workers'' confederation to bring up the case in the first place. Lawyer Ishtiaq Ahmad Chaudhry had filed the petition.
Minister for Industries and Production (MoI&P), Ghulam Murtaza Khan Jatoi has convened a meeting of all stakeholders on Wednesday (tomorrow) to resolve a dispute on land between Pakistan Steel Mills (PSM) and National Industrial Park (NIP). The meeting has been convened at a time when the federal government has provided due diligence report to the Sindh government so that the latter can prepare its final stance. Insiders claim that Sindh government will not be ready to acquire Pakistan Steel Mills until the federal government offers attractive incentives.
A special investigation team set up in Pakistan to probe a deadly assault on an Indian air base last month found no evidence implicating the leader of the group India blamed for the attack, security officials said on Monday. The officials said the team interrogated Jaish-e-Mohammad chief Maulana Masood Azhar and his associates and found no evidence linking him with the January 2 attack on the Pathankot air base in northern India that killed seven Indian military personnel.
In a major move to check insider trading offences in stock exchanges, the Securities and Exchange Commission of Pakistan (SECP) has decided to make it mandatory for the listed companies to record names of persons having access to inside information. In this regard, the SECP has issued Access to Inside Information Regulations, 2016 here on Monday.