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Archive - 2011-12-02
US hands key base over to Iraqi control
Top News

US hands key base over to Iraqi control

BAGHDAD: The United States on Friday handed over to Iraqi control the sprawling Victory Base Complex near Baghdad, the
Published 02 Dec, 2011 06:25pm
Poland keeps $3bn privatisation target
Top News

Poland keeps $3bn privatisation target

WARSAW: Poland plans to raise 10 billion zlotys ($3 billion) from the sale of state assets next year, in line with previ
Published 02 Dec, 2011 03:10pm
Biden in Turkey for Syria, Iraq talks
Top News

Biden in Turkey for Syria, Iraq talks

ANKARA: US Vice President Joe Biden arrived in Ankara late Thursday, directly from an Iraq visit, for talks on the situa
Published 02 Dec, 2011 11:10am
COAS remarks about PAF misquoted: ISPR
Top News

COAS remarks about PAF misquoted: ISPR

RAWALPINDI: A spokesman of ISPR said on Friday that remarks of the Chief of Army Staff (COAS) in Command Communicate abo
Published 02 Dec, 2011 11:07am
KSE index gains 24.54 points
Markets

KSE index gains 24.54 points

RECORDER REPORT KARACHI: A positive trend was witnessed on the Karachi share market on Thursday on the back of invest
Published 02 Dec, 2011 08:16am
Pakistan November CPI up 10.19pc yr/yr
Top News

Pakistan November CPI up 10.19pc yr/yr

KARACHI: Pakistan's consumer price index (CPI) rose 10.19 percent in November from a year ago, the Federal Statistics Bu
Published 02 Dec, 2011 07:03am
Spot gold to drop to $1,722/oz
Top News

Spot gold to drop to $1,722/oz

SINGAPORE: Spot gold will fall to $1,722 per ounce, as a downward wave "C" is progressing. The rebound from the Nov. 21
Published 02 Dec, 2011 05:41am
SBP to buy govt paper
Top News

SBP to buy govt paper

KARACHI: State Bank of Pakistan (SBP) said it would buy government paper from commercial banks on Friday in a seven-day
Published 02 Dec, 2011 04:57am
It will send a negative message: Kerry
Top News

It will send a negative message: Kerry

MONITORING DESK WASHINGTON: US Senator John Kerry said on Thursday that Pakistan will send a negative message by not
Published 02 Dec, 2011 04:20am
Nato attack unacceptable: COAS
Top News

Nato attack unacceptable: COAS

RECORDER REPORT ISLAMABAD: Chief of Army Staff Ashfaq Parvez Kayani said on Thursday that blatant act of aggression i
Published 02 Dec, 2011 04:20am
Oil prices mixed in Asia
Energy

Oil prices mixed in Asia

SINGAPORE: Oil prices were mixed in Asia on Friday as European debt concerns weighed and data from the US and China show
Published 02 Dec, 2011 04:17am
HDI Rankings: a harsh reminder
BR Research

HDI Rankings: a harsh reminder

One and a half billion people in the country lack access to electricity while 2.6 billion people are without basic sanitation in Pakistan. W
Published 02 Dec, 2011 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Thursday (December 01, 2011).

Published 02 Dec, 2011 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (December 01, 2011).
Published 02 Dec, 2011 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (December 01, 2011).

Published 02 Dec, 2011 12:00am
Bank holidays

Bank holidays

The State Bank of Pakistan (SBP) and all offices of SBP Banking Services Corporation, including the Public Debt Offices, will remain closed on Monday and Tuesday the 5th and 6th December, 2011 (9th and 10th Muharram-ul-Harram) being Public Holidays declar
Published 02 Dec, 2011 12:00am
Bank holidays

Bank holidays

The State Bank of Pakistan (SBP) and all offices of SBP Banking Services Corporation, including the Public Debt Offices, will remain closed on Monday and Tuesday the 5th and 6th December, 2011 (9th and 10th Muharram-ul-Harram) being Public Holidays declar
Published 02 Dec, 2011 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (December 01, 2011).

Published 02 Dec, 2011 12:00am
Bank holidays

Bank holidays

The State Bank of Pakistan (SBP) and all offices of SBP Banking Services Corporation, including the Public Debt Offices, will remain closed on Monday and Tuesday the 5th and 6th December, 2011 (9th and 10th Muharram-ul-Harram) being Public Holidays declar
Published 02 Dec, 2011 12:00am
US envoy offers condolences: 'Hamain Bohot Afsos Hay'

US envoy offers condolences: 'Hamain Bohot Afsos Hay'

United States Ambassador to Pakistan Cameron Munter on Thursday extended his 'most sincere condolences' to Pakistani people, the government and armed forces on November 26 tragic Nato attack in Mohmand Agency. In a message to Pakistani nation, the governm
Published 02 Dec, 2011 12:00am
US envoy offers condolences: 'Hamain Bohot Afsos Hay'

US envoy offers condolences: 'Hamain Bohot Afsos Hay'

United States Ambassador to Pakistan Cameron Munter on Thursday extended his 'most sincere condolences' to Pakistani people, the government and armed forces on November 26 tragic Nato attack in Mohmand Agency. In a message to Pakistani nation, the governm
Published 02 Dec, 2011 12:00am
It will send a negative message: Kerry

It will send a negative message: Kerry

US Senator John Kerry said on Thursday that Pakistan will send a negative message by not attending the Bonn Conference, according to a private TV channel. "Pakistan will send a message that they are not serious about stability in the region by not attendi
Published 02 Dec, 2011 12:00am
It will send a negative message: Kerry

It will send a negative message: Kerry

US Senator John Kerry said on Thursday that Pakistan will send a negative message by not attending the Bonn Conference, according to a private TV channel. "Pakistan will send a message that they are not serious about stability in the region by not attendi
Published 02 Dec, 2011 12:00am
Pakistan resumes some cooperation: Nato

Pakistan resumes some cooperation: Nato

Pakistan has resumed some co-operation with US-led forces in Afghanistan following Nato strikes that killed 24 Pakistani soldiers by working with the coalition to prevent another cross-border incident from escalating, a spokesman says. The weekend airstri
Published 02 Dec, 2011 12:00am
Pakistan resumes some cooperation: Nato

Pakistan resumes some cooperation: Nato

Pakistan has resumed some co-operation with US-led forces in Afghanistan following Nato strikes that killed 24 Pakistani soldiers by working with the coalition to prevent another cross-border incident from escalating, a spokesman says. The weekend airstri
Published 02 Dec, 2011 12:00am
Nato attack unacceptable: CoAS

Nato attack unacceptable: CoAS

Chief of Army Staff Ashfaq Parvez Kayani said on Thursday that blatant act of aggression in Mohmand Agency by Nato was unacceptable. "We all salute the courage displayed by brave officers and men of 7 AK Regiment," he said. In his message to all the milit
Published 02 Dec, 2011 12:00am
Nato attack unacceptable: CoAS

Nato attack unacceptable: CoAS

Chief of Army Staff Ashfaq Parvez Kayani said on Thursday that blatant act of aggression in Mohmand Agency by Nato was unacceptable. "We all salute the courage displayed by brave officers and men of 7 AK Regiment," he said. In his message to all the milit
Published 02 Dec, 2011 12:00am
KSE index gains 24.54 points

KSE index gains 24.54 points

A positive trend was witnessed on the Karachi share market on Thursday on the back of investors' interest on dips in some select stocks. The KSE-100 index gained 24.54 points to close at 11,557.37 points. The market opened on a strong positive note and th
Published 02 Dec, 2011 12:00am
KSE index gains 24.54 points

KSE index gains 24.54 points

A positive trend was witnessed on the Karachi share market on Thursday on the back of investors' interest on dips in some select stocks. The KSE-100 index gained 24.54 points to close at 11,557.37 points. The market opened on a strong positive note and th
Published 02 Dec, 2011 12:00am
KSE index gains 24.54 points

KSE index gains 24.54 points

A positive trend was witnessed on the Karachi share market on Thursday on the back of investors'' interest on dips in some select stocks. The KSE-100 index gained 24.54 points to close at 11,557.37 points. The market opened on a strong positive note and t
Published 02 Dec, 2011 12:00am
BRIndex30 up 11.34 points

BRIndex30 up 11.34 points

On Thursday, BRIndex30 opened at 8,811.52 points and remained positive throughout the trading session. It touched an intraday high of 8,868.24 points and an intraday low of 8,822.86 points and closed at 8,822.86 points, which was 11.34 points or 0.13 perc
Published 02 Dec, 2011 12:00am
BRIndex30 up 11.34 points

BRIndex30 up 11.34 points

On Thursday, BRIndex30 opened at 8,811.52 points and remained positive throughout the trading session. It touched an intraday high of 8,868.24 points and an intraday low of 8,822.86 points and closed at 8,822.86 points, which was 11.34 points or 0.13 perc
Published 02 Dec, 2011 12:00am
Government assets in OGDCL, PPL to be sold in next two months

Government assets in OGDCL, PPL to be sold in next two months

The Privatisation Commission will dispose of government assets in OGDCL and Pakistan Petroleum Limited (PPL) in January or February 2012. Secretary, Privatisation Commission informed the National Assembly's Standing Committee on Privatisation on Thursday
Published 02 Dec, 2011 12:00am
Government assets in OGDCL, PPL to be sold in next two months

Government assets in OGDCL, PPL to be sold in next two months

The Privatisation Commission will dispose of government assets in OGDCL and Pakistan Petroleum Limited (PPL) in January or February 2012. Secretary, Privatisation Commission informed the National Assembly's Standing Committee on Privatisation on Thursday
Published 02 Dec, 2011 12:00am
Government assets in OGDCL, PPL to be sold in next two months

Government assets in OGDCL, PPL to be sold in next two months

The Privatisation Commission will dispose of government assets in OGDCL and Pakistan Petroleum Limited (PPL) in January or February 2012. Secretary, Privatisation Commission informed the National Assembly''s Standing Committee on Privatisation on Thursday
Published 02 Dec, 2011 12:00am
Iran may extend domestic pipeline into Pakistan

Iran may extend domestic pipeline into Pakistan

It is probable that Iran would extend its domestic Iran Gas Trunkline 7 (IGAT-7) pipeline into Pakistan, avoiding the creation of a new, parallel pipeline, according to an analysis carried by Eurasia Review. "A controversial pipeline proposal is the $7.4-
Published 02 Dec, 2011 12:00am
Iran may extend domestic pipeline into Pakistan

Iran may extend domestic pipeline into Pakistan

It is probable that Iran would extend its domestic Iran Gas Trunkline 7 (IGAT-7) pipeline into Pakistan, avoiding the creation of a new, parallel pipeline, according to an analysis carried by Eurasia Review. "A controversial pipeline proposal is the $7.4-
Published 02 Dec, 2011 12:00am
Iran may extend domestic pipeline into Pakistan

Iran may extend domestic pipeline into Pakistan

It is probable that Iran would extend its domestic Iran Gas Trunkline 7 (IGAT-7) pipeline into Pakistan, avoiding the creation of a new, parallel pipeline, according to an analysis carried by Eurasia Review. "A controversial pipeline proposal is the $7.4-
Published 02 Dec, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 02 Dec, 2011 12:00am
PSM given Rs six billion lifeline in form of bank guarantee

PSM given Rs six billion lifeline in form of bank guarantee

The Economic Co-ordination Committee (ECC) on Thursday approved a bailout package of Rs 6 billion in the form of bank guarantee for Pakistan Steel Mills (PSM). It did not approve the proposal for sugar procurement due to high bidding price, it is learnt.
Published 02 Dec, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 02 Dec, 2011 12:00am
PSM given Rs six billion lifeline in form of bank guarantee

PSM given Rs six billion lifeline in form of bank guarantee

The Economic Co-ordination Committee (ECC) on Thursday approved a bailout package of Rs 6 billion in the form of bank guarantee for Pakistan Steel Mills (PSM). It did not approve the proposal for sugar procurement due to high bidding price, it is learnt.
Published 02 Dec, 2011 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 02 Dec, 2011 12:00am
PSM given Rs six billion lifeline in form of bank guarantee

PSM given Rs six billion lifeline in form of bank guarantee

The Economic Co-ordination Committee (ECC) on Thursday approved a bailout package of Rs 6 billion in the form of bank guarantee for Pakistan Steel Mills (PSM). It did not approve the proposal for sugar procurement due to high bidding price, it is learnt.
Published 02 Dec, 2011 12:00am
Board meetings in progress

Board meetings in progress

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

Published 02 Dec, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 02 Dec, 2011 12:00am
No threat of judicial or military coup: Gilani

No threat of judicial or military coup: Gilani

Prime Minister Syed Yousuf Raza Gilani on Thursday said that there was no threat of either "judicial" or "military" coup as both the institutions were pro-democracy and did not want to derail the system. The Prime Minister was responding to the queries of
Published 02 Dec, 2011 12:00am
No threat of judicial or military coup: Gilani

No threat of judicial or military coup: Gilani

Prime Minister Syed Yousuf Raza Gilani on Thursday said that there was no threat of either "judicial" or "military" coup as both the institutions were pro-democracy and did not want to derail the system. The Prime Minister was responding to the queries of
Published 02 Dec, 2011 12:00am
PPP expresses strong displeasure

PPP expresses strong displeasure

Pakistan People's Party (PPP) on Thursday said that the Supreme Court of Pakistan (SC) had delivered an order on Memogate scandal without hearing the federation.
Published 02 Dec, 2011 12:00am
PPP expresses strong displeasure

PPP expresses strong displeasure

Pakistan People's Party (PPP) on Thursday said that the Supreme Court of Pakistan (SC) had delivered an order on Memogate scandal without hearing the federation.
Published 02 Dec, 2011 12:00am
Two Pakistanis 'killed by Nato' in Afghanistan

Two Pakistanis 'killed by Nato' in Afghanistan

Nato forces killed two Pakistani men in Afghanistan on Thursday, Pakistani border officials said, a move likely to inflame tensions after the alliance killed 24 Pakistani troops at the weekend. The officials said the two men, who were from Chagai area, we
Published 02 Dec, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (December 01, 2011).

Published 02 Dec, 2011 12:00am
Gilani calls on Zardari

Gilani calls on Zardari

Prime Minister Syed Yousuf Raza Gilani called on President Asif Ali Zardari at Aiwan-e-Sadr here on Thursday. Spokesperson to the president Farhatullah Babar said that the president also had telephonic conversation with MQM Chief Altaf Hussain and Ameer J
Published 02 Dec, 2011 12:00am
Gilani calls on Zardari

Gilani calls on Zardari

Prime Minister Syed Yousuf Raza Gilani called on President Asif Ali Zardari at Aiwan-e-Sadr here on Thursday. Spokesperson to the president Farhatullah Babar said that the president also had telephonic conversation with MQM Chief Altaf Hussain and Ameer J
Published 02 Dec, 2011 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (December 01, 2011).

Published 02 Dec, 2011 12:00am
Pakistan foreign exchange reserves ease to over $16.88 billion

Pakistan foreign exchange reserves ease to over $16.88 billion

The total liquid foreign reserves held by the country further declined to $16,884.8 million on November 25, 2011 as compared to $16,961.4 million on November 18, 2011. The foreign reserves held by the State Bank of Pakistan (SBP) declined to $13,122.4 mil
Published 02 Dec, 2011 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (December 01, 2011).

Published 02 Dec, 2011 12:00am
Pakistan foreign exchange reserves ease to over $16.88 billion

Pakistan foreign exchange reserves ease to over $16.88 billion

The total liquid foreign reserves held by the country further declined to $16,884.8 million on November 25, 2011 as compared to $16,961.4 million on November 18, 2011. The foreign reserves held by the State Bank of Pakistan (SBP) declined to $13,122.4 mil
Published 02 Dec, 2011 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (December 01, 2011).

Published 02 Dec, 2011 12:00am
Pakistan foreign exchange reserves ease to over $16.88 billion

Pakistan foreign exchange reserves ease to over $16.88 billion

The total liquid foreign reserves held by the country further declined to $16,884.8 million on November 25, 2011 as compared to $16,961.4 million on November 18, 2011. The foreign reserves held by the State Bank of Pakistan (SBP) declined to $13,122.4 mil
Published 02 Dec, 2011 12:00am
THE RUPEE: all-round fall

THE RUPEE: all-round fall

The dollar and euro rode over the rupee's weakness in the currency market on Thursday in process of trading, dealers said. The rupee resisted sharp fall versus dollar, losing five paisa for buying and selling at 88.75 and 88.80, they said.
Published 02 Dec, 2011 12:00am
'Shahbaz airbase already under PAF control'

'Shahbaz airbase already under PAF control'

Clarifying a news report regarding Shahbaz airbase, a spokesman of the Ministry of Defence said on Thursday that Shahbaz airbase was already under Pakistan Air Force (PAF) control. In a statement issued here, spokesman said the news report attributed to F
Published 02 Dec, 2011 12:00am
THE RUPEE: all-round fall

THE RUPEE: all-round fall

The dollar and euro rode over the rupee's weakness in the currency market on Thursday in process of trading, dealers said. The rupee resisted sharp fall versus dollar, losing five paisa for buying and selling at 88.75 and 88.80, they said.
Published 02 Dec, 2011 12:00am
'Shahbaz airbase already under PAF control'

'Shahbaz airbase already under PAF control'

Clarifying a news report regarding Shahbaz airbase, a spokesman of the Ministry of Defence said on Thursday that Shahbaz airbase was already under Pakistan Air Force (PAF) control. In a statement issued here, spokesman said the news report attributed to F
Published 02 Dec, 2011 12:00am
'Al Qaeda holding US aid worker in Pakistan'

'Al Qaeda holding US aid worker in Pakistan'

Al Qaeda is holding a US aid worker captured last August in Pakistan, the group's leader Ayman al-Zawahiri said in a statement seen Thursday by a monitoring group. Zawahiri said al Qaeda had abducted USAID worker Warren Weinstein, "who is neck-deep in Ame
Published 02 Dec, 2011 12:00am
'Al Qaeda holding US aid worker in Pakistan'

'Al Qaeda holding US aid worker in Pakistan'

Al Qaeda is holding a US aid worker captured last August in Pakistan, the group's leader Ayman al-Zawahiri said in a statement seen Thursday by a monitoring group. Zawahiri said al Qaeda had abducted USAID worker Warren Weinstein, "who is neck-deep in Ame
Published 02 Dec, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (December 01, 2011).

Published 02 Dec, 2011 12:00am
Indian traders strike against retail reform

Indian traders strike against retail reform

Shopkeepers and traders in India went on a one-day strike Thursday as the main opposition party stepped up protests against plans to open the country's retail sector to foreign chains. The right-wing Bharatiya Janata Party (BJP) backed the shutdown, which
Published 02 Dec, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (December 01, 2011).

Published 02 Dec, 2011 12:00am
Delayed returns: companies, AOPs to be served e-notices

Delayed returns: companies, AOPs to be served e-notices

The Federal Board of Revenue has decided to immediately serve electronic notices to thousands of companies, Association of Persons (AOPs) and other categories of taxpayers, who have failed to timely file income tax returns, electronically. Sources told <i
Published 02 Dec, 2011 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (December 01, 2011).

Published 02 Dec, 2011 12:00am
Delayed returns: companies, AOPs to be served e-notices

Delayed returns: companies, AOPs to be served e-notices

The Federal Board of Revenue has decided to immediately serve electronic notices to thousands of companies, Association of Persons (AOPs) and other categories of taxpayers, who have failed to timely file income tax returns, electronically. Sources told <i
Published 02 Dec, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Thursday (December 01, 2011) and for Friday (December 02, 2011).
Published 02 Dec, 2011 12:00am
Delayed returns: companies, AOPs to be served e-notices

Delayed returns: companies, AOPs to be served e-notices

The Federal Board of Revenue has decided to immediately serve electronic notices to thousands of companies, Association of Persons (AOPs) and other categories of taxpayers, who have failed to timely file income tax returns, electronically. Sources told <i
Published 02 Dec, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (December 01, 2011).

Published 02 Dec, 2011 12:00am
Donors agree new 'transparent' aid partnership

Donors agree new 'transparent' aid partnership

Donors from 160 countries including China agreed on Thursday to form a world-wide partnership to ensure tens of billions of dollars in foreign aid goes to help the neediest. Their declaration came at the end of the world's premier aid forum, at which West
Published 02 Dec, 2011 12:00am
Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates in rupees prevailing on the commodity markets in Karachi on Thursday (December 01, 2011).

Published 02 Dec, 2011 12:00am
Donors agree new 'transparent' aid partnership

Donors agree new 'transparent' aid partnership

Donors from 160 countries including China agreed on Thursday to form a world-wide partnership to ensure tens of billions of dollars in foreign aid goes to help the neediest. Their declaration came at the end of the world's premier aid forum, at which West
Published 02 Dec, 2011 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 02 Dec, 2011 12:00am
Donors agree new ''transparent'' aid partnership

Donors agree new ''transparent'' aid partnership

Donors from 160 countries including China agreed on Thursday to form a world-wide partnership to ensure tens of billions of dollars in foreign aid goes to help the neediest. Their declaration came at the end of the world''s premier aid forum, at which Wes
Published 02 Dec, 2011 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 02 Dec, 2011 12:00am
Rs 400 million paid-up capital for brokerage houses suggested

Rs 400 million paid-up capital for brokerage houses suggested

The Securities and Exchange Commission of Pakistan (SECP) has proposed paid-up capital requirement up to Rs 400 million for stock brokerage houses within three years. The value of (KSE membership) card will not be counted as part of the capital. In a conc
Published 02 Dec, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (December 01, 2011).

Published 02 Dec, 2011 12:00am
Rs 400 million paid-up capital for brokerage houses suggested

Rs 400 million paid-up capital for brokerage houses suggested

The Securities and Exchange Commission of Pakistan (SECP) has proposed paid-up capital requirement up to Rs 400 million for stock brokerage houses within three years. The value of (KSE membership) card will not be counted as part of the capital. In a conc
Published 02 Dec, 2011 12:00am
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