BR100 Decreased By (-0.08%)
BR30 Increased By (0.08%)
KSE100 Decreased By (-0.11%)
KSE30 Decreased By (-0.2%)
AGHA 7.53 Decreased By ▼ -0.10 (-1.31%)
BECO 5.11 Decreased By ▼ -0.46 (-8.26%)
BML 58.30 Decreased By ▼ -1.44 (-2.41%)
BOP 34.58 Increased By ▲ 0.18 (0.52%)
CNERGY 13.68 Increased By ▲ 0.57 (4.35%)
CSIL 6.30 Decreased By ▼ -0.11 (-1.72%)
FCCL 57.55 Decreased By ▼ -0.51 (-0.88%)
FFL 16.50 Increased By ▲ 0.27 (1.66%)
FNEL 1.20 Decreased By ▼ -0.01 (-0.83%)
KEL 7.36 Decreased By ▼ -0.07 (-0.94%)
KOSM 5.98 Decreased By ▼ -0.05 (-0.83%)
LOTCHEM 27.51 Decreased By ▼ -0.16 (-0.58%)
MLCF 101.93 Decreased By ▼ -0.82 (-0.8%)
NBP 203.29 Decreased By ▼ -1.77 (-0.86%)
NCPL 60.47 Increased By ▲ 0.84 (1.41%)
NPL 69.80 Increased By ▲ 1.24 (1.81%)
OGDC 318.48 Decreased By ▼ -0.44 (-0.14%)
PACE 11.12 Increased By ▲ 0.07 (0.63%)
PAEL 42.86 Decreased By ▼ -0.24 (-0.56%)
PIBTL 16.72 Increased By ▲ 0.09 (0.54%)
PPL 230.62 Increased By ▲ 1.17 (0.51%)
PRL 76.73 Increased By ▲ 5.93 (8.38%)
PTC 71.18 Increased By ▲ 0.18 (0.25%)
SSGC 27.10 Decreased By ▼ -0.31 (-1.13%)
TBL 10.28 Decreased By ▼ -0.03 (-0.29%)
TELE 8.56 Increased By ▲ 0.03 (0.35%)
TPL 23.59 Increased By ▲ 0.53 (2.3%)
TPLP 15.45 Decreased By ▼ -0.31 (-1.97%)
TREET 24.51 Decreased By ▼ -0.20 (-0.81%)
TRG 60.09 Decreased By ▼ -0.20 (-0.33%)
اردو
Android App
Print Edition Dollar to PKR
Daily Petrol Prices Intl Oil Prices Iran-US war Gold Rates Podcasts PSX Notices
Archive - 2012-01-05
Stricken Hungary wants quick IMF deal
Top News

Stricken Hungary wants quick IMF deal

BUDAPEST: The Hungarian minister handling stalled bailout talks with the IMF said Thursday he wanted a deal "as soon as
Published 05 Jan, 2012 07:43pm
Gold up at Rs 47,142
Markets

Gold up at Rs 47,142

KARACHI: Gold moved up by Rs 171 to close at Rs 47,142 per 10 grams in the local market Thursday as its international pr
Published 05 Jan, 2012 05:09pm
More Korean investment in pipeline
Top News

More Korean investment in pipeline

KARACHI: South Korean companies presently in India will be opening offices in Pakistan, while another leading South Kore
Published 05 Jan, 2012 05:04pm
Gas issue can affect $ 7bn exports
Top News

Gas issue can affect $ 7bn exports

KARACHI: Federal Advisor on Textile Dr. Mirza Ikhtiar Baig has informed Minister for Petroleum and Natural Resource Dr.
Published 05 Jan, 2012 04:30pm
Gas issue can affect $ 7bn exports
Top News

Gas issue can affect $ 7bn exports

KARACHI: Federal Advisor on Textile Dr. Mirza Ikhtiar Baig has informed Minister for Petroleum and Natural Resource Dr.
Published 05 Jan, 2012 04:20pm
Rs 22.4m through plots auction: LDA
Top News

Rs 22.4m through plots auction: LDA

LAHORE: The Lahore Development Authority on Thursday auctioned eight out of the 26 mortgaged residential plots of Venus
Published 05 Jan, 2012 04:01pm
British ICRC worker kidnapped in Quetta
Top News

British ICRC worker kidnapped in Quetta

QUETTA: Unidentified gunmen on Thursday kidnapped a British employee of the International Committee of the Red Cross in
Published 05 Jan, 2012 03:46pm
68 killed in Iraq attacks
Top News

68 killed in Iraq attacks

BAGHDAD: Attacks on Shiite Muslim pilgrims and neighbourhoods in Baghdad and southern Iraq killed at least 68 people on
Published 05 Jan, 2012 03:29pm
US jobless claims fall
Top News

US jobless claims fall

WASHINGTON: New claims for US unemployment benefits fell last week, the government reported Friday, resuming a downward
Published 05 Jan, 2012 03:24pm
UK pension fund returns
Top News

UK pension fund returns

LONDON: The average UK pension fund booked a negative annual return for the first time since 2008 last year, nudged into
Published 05 Jan, 2012 03:20pm
Euro losses against dollar
Financial

Euro losses against dollar

NEW YORK: The euro extended losses against the dollar, falling to a session low, after a report showed the US private se
Published 05 Jan, 2012 02:46pm
Forex reserves rise to $16.92bn
Top News

Forex reserves rise to $16.92bn

KARACHI: Foreign exchange reserves rose to $16.92 billion in the week ending Dec. 30, compared with $16.77 billion the p
Published 05 Jan, 2012 01:42pm
US debt prices negative
Managed Funds

US debt prices negative

NEW YORK: US Treasury debt prices turned negative on Thursday after the ADP National Employment Report showed US private
Published 05 Jan, 2012 01:04pm
KSE mid day update
Top News

KSE mid day update

RECORDER REPORT KARACHI : On Thursday, until 12:55 P.M. , KSE-100 Index was 11,280.54 with a net negative change of
Published 05 Jan, 2012 09:45am
16 kidnapped FC troops killed
Top News

16 kidnapped FC troops killed

PESHAWAR : The bodies of 16 members of paramilitary Frontier Constabulary (FC) were found Thursday, almost two weeks af
Published 05 Jan, 2012 09:40am
NA session starts
Pakistan

NA session starts

ISLAMABAD: The Session of National Assembly started here on Thursday morning from the recitation of the Holy Quran. Dep
Published 05 Jan, 2012 07:59am
Six killed in two Baghdad bomb blasts
Top News

Six killed in two Baghdad bomb blasts

BAGHDAD: Two bombs exploded in Baghdad on Thursday, killing six people and wounding 17, police and hospital sources said
Published 05 Jan, 2012 07:22am
KSE morning update
Top News

KSE morning update

RECORDER REPORT KARACHI : Negative trend was witnessed at Karachi stock market as after opening in red. KSE-100 ind
Published 05 Jan, 2012 05:53am
Sabic to supply 0.2mn tons of urea
Top News

Sabic to supply 0.2mn tons of urea

RIZWAN BHATTI KARACHI: The country will import 0.2 million tons of urea from Saudi Arabia Basic Industries Corporatio
Published 05 Jan, 2012 05:25am
Is fiscal house in order?
BR Research

Is fiscal house in order?

As the country steps into the latter half of 2011-12 fiscal year, the fiscal burden on its thin shoulders continues to grow. To plug the gap
Published 05 Jan, 2012 12:00am
Fed feeds up rate expectations
BR Research

Fed feeds up rate expectations

The United States Federal Reserve is all set to permanently change the way it uses monetary policy to influence the economy and expectations
Published 05 Jan, 2012 12:00am
European shares fall

European shares fall

European shares halted a four-day winning streak on Wednesday, albeit in low volume, as worries about capital raising in the banking sector hit investor sentiment after Italian lender UniCredit priced a rights issue at a massive discount. UniCredit was th
Published 05 Jan, 2012 12:00am
Australian shares up

Australian shares up

Australian shares rallied 2.1 percent on Wednesday as top miner BHP Billiton had its biggest one-day gain in 5 weeks, boosted by broad optimism after manufacturing data in China and the United States encouraged investors. The local market has started 2012
Published 05 Jan, 2012 12:00am
Nikkei average climbs

Nikkei average climbs

Japan's leading share average rose to a three-week closing high on Wednesday after better-than-expected economic data from the United States and China, although strategists said the rally could stall if the euro holds below 100 yen. The data eased concern
Published 05 Jan, 2012 12:00am
Shanghai shares off to weak start to year, drag Hong Kong lower

Shanghai shares off to weak start to year, drag Hong Kong lower

China shares started the new year on the backfoot on Wednesday as Premier Wen Jiabao's warning of a "difficult" period ahead for the economy gave little comfort to domestic investors already suffering from a 2-1/2 year slump on the mainland markets.
Published 05 Jan, 2012 12:00am
Indian shares fall

Indian shares fall

Indian shares fell 0.4 percent on Wednesday, snapping a two-day rally that sent them up more than 3 percent, with investors wary ahead of quarterly corporate results that will begin next week amid slowing economic growth and high interest rates. A series
Published 05 Jan, 2012 12:00am
Treasuries decline

Treasuries decline

US Treasuries prices fell on Tuesday as investors cashed in on year-end gains, while data pointing to some strength in the US economy undermined the safe-haven appeal of US government debt and bolstered stocks. Data showed the pace of growth in the US man
Published 05 Jan, 2012 12:00am
Treasuries decline

Treasuries decline

US Treasuries prices fell on Tuesday as investors cashed in on year-end gains, while data pointing to some strength in the US economy undermined the safe-haven appeal of US government debt and bolstered stocks. Data showed the pace of growth in the US man
Published 05 Jan, 2012 12:00am
Taiwan stocks up

Taiwan stocks up

Taiwan stocks ended up 0.42 percent on Wednesday, with gains in technology and materials counters offsetting a fall in property plays on concern over falling prices. The main TAIEX index finished up 29.59 points at 7,082.97. Computer stocks were the top g
Published 05 Jan, 2012 12:00am
Wall Street starts 2012 higher

Wall Street starts 2012 higher

Hoping for something better than 2011's flat stock market, US investors pushed shares higher on Tuesday to begin the new year, though questions remain about whether a rally can be sustained. The broad S&P 500 index closed at its highest since late October
Published 05 Jan, 2012 12:00am
Wednesday's early trade: stocks pare losses

Wednesday's early trade: stocks pare losses

The Dow turned higher in midday trading on Wednesday while the S&P 500 and Nasdaq pared losses, helped by gains in consumer discretionary shares and industrials. The Dow Jones industrial average was up 0.87 point, or 0.01 percent, at 12,398.25. The Standa
Published 05 Jan, 2012 12:00am
Most Southeast Asian markets higher

Most Southeast Asian markets higher

Most Southeast Asian stock markets pushed higher on Wednesday as renewed appetite for risk and strength in oil prices attracted funds to commodities and energy shares. Better-than-expected economic data from major countries including the United States and
Published 05 Jan, 2012 12:00am
Seoul shares dip

Seoul shares dip

Seoul shares slipped on Wednesday after sharp gains in the prior session as blue chip technology stocks such as Samsung Electronics took a breather from recent rallies. "Positive expectations over US economic data had helped the market but it took a breat
Published 05 Jan, 2012 12:00am
Kuwait's index slumps to seven-year low; other markets mixed

Kuwait's index slumps to seven-year low; other markets mixed

Kuwait's stock index fell to a seven-year low on Wednesday as foreign investors exited on political uncertainty in the Gulf Arab state, while other regional markets were mixed. Heavyweight telecom operator Zain fell 1.1 percent, Commercial Bank of Kuwait
Published 05 Jan, 2012 12:00am
Turn in inflation boosts ECB rate cut expectations

Turn in inflation boosts ECB rate cut expectations

Eurozone inflation dropped below 3 percent for the first time in three months in December, kicking off a slowdown economists expect will revive deflation fears and tempt the ECB to cut rates below 1 percent for the first time in its history. Official Euro
Published 05 Jan, 2012 12:00am
US factory orders rise, business spending ebbs

US factory orders rise, business spending ebbs

New orders for US factory goods rose solidly in November, but business spending on capital goods is cooling, a government report showed on Wednesday. The Commerce Department said orders for manufactured goods increased 1.8 percent, snapping two consecutiv
Published 05 Jan, 2012 12:00am
Hungary offers concessions in IMF talks

Hungary offers concessions in IMF talks

Hungary's government said on Wednesday it might moderate some widely criticised policies to please international lenders and reach a deal to prevent its currency and bonds from going into meltdown. Since sweeping to power in 2010, Viktor Orban's conservat
Published 05 Jan, 2012 12:00am
TiVo reaches settlement with AT&T

TiVo reaches settlement with AT&T

Digital television recording pioneer TiVo said it has reached a $215 million settlement with AT&T over a patent dispute. The agreement - announced late Tuesday - will see AT&T make an initial payment of $51 million followed by quarterly payments through J
Published 05 Jan, 2012 12:00am
Opec oil supply hits three-year high

Opec oil supply hits three-year high

Opec oil output rose in December to the highest since October 2008, a Reuters survey found on Wednesday, as members showed little sign yet of lowering output to make room for recovering Libyan supplies. Supply from all 12 members of the Organisation of th
Published 05 Jan, 2012 12:00am
Ford launches new SUV in India

Ford launches new SUV in India

Ford Motor Co on Wednesday launched the EcoSport, its new global compact sports utility vehicle, and said it will invest $142 million in the company's Chennai plant in south India to manufacture the model for the domestic and export markets. The EcoSport
Published 05 Jan, 2012 12:00am
Seoul approves Samsung's new investment in China

Seoul approves Samsung's new investment in China

South Korea on Wednesday approved Samsung Electronics' plan to build a new plant in China to produce high-tech memory chips used in tablets and smartphones, the Ministry of Knowledge Economy said. Following the approval, the world's largest memory chip ma
Published 05 Jan, 2012 12:00am
China Telecom enters UK mobile market

China Telecom enters UK mobile market

China Telecom plans to launch a mobile service in Britain targeting Chinese residents, businesses and visitors early this year, becoming the first Chinese carrier to launch such a service outside China, it said on Wednesday. The service will use rented sp
Published 05 Jan, 2012 12:00am
UniCredit rights issue priced at huge discount

UniCredit rights issue priced at huge discount

UniCredit SpA launched a 7.5 billion euro ($9.8 billion) rights issue at a massive discount on Wednesday, highlighting the struggle faced by European lenders under pressure to raise capital to counter a spreading debt crisis. The issue, the biggest by a E
Published 05 Jan, 2012 12:00am
Geithner to travel to China, Japan

Geithner to travel to China, Japan

US Treasury Secretary Timothy Geithner will travel to China and Japan next week to discuss the state of the global economy and US sanctions on Iran with top government officials, the Treasury Department said on Wednesday. Geithner will meet with Chinese V
Published 05 Jan, 2012 12:00am
Brazil's dollar inflows nearly triple

Brazil's dollar inflows nearly triple

US dollar inflows to Brazil nearly tripled to $65.28 billion in 2011 from the previous year, marking the second biggest annual foreign exchange intake on record, according to central bank data released on Wednesday. A jump in the price of key exports like
Published 05 Jan, 2012 12:00am
Yahoo names ex-PayPal boss Thompson new CEO

Yahoo names ex-PayPal boss Thompson new CEO

Internet giant Yahoo on Wednesday named PayPal's Scott Thompson its new chief executive, saying he would recharge growth but also leaving open the possibility of selling off assets. Thompson was named four months after the company sacked his predecessor C
Published 05 Jan, 2012 12:00am
South Korea buys more Iran oil but eyes alternatives

South Korea buys more Iran oil but eyes alternatives

South Korea will buy around 10 percent of its crude from Iran in 2012, up slightly from last year, as the country seeks a waiver from toughened US sanctions that could disrupt Iranian oil shipments. Refiners in the world's fifth-largest oil importer have
Published 05 Jan, 2012 12:00am
Less budget rancor seen for California legislature

Less budget rancor seen for California legislature

California lawmakers return to work on Wednesday facing a series of critical financial decisions - including how to close a $13 billion budget gap for the state's next fiscal year and whether to move ahead with a $100 billion high speed rail system.
Published 05 Jan, 2012 12:00am
Bleak outlook as Brits count cost of Christmas

Bleak outlook as Brits count cost of Christmas

Britons lured to spend by unprecedented discounting at Christmas look set to cut back in the new year as they count the cost of the festive period and worry how Europe's debt crisis will play out. Next, Britain's No 2 clothing retailer, kicked off the pos
Published 05 Jan, 2012 12:00am
Cotton growers, ginners doubt their rescue through TCP

Cotton growers, ginners doubt their rescue through TCP

The latest release of fortnightly cotton arrival and disposal figures strengthen the idea of a bumper cotton crop equivalent to 14.0 million local weight bales and no surprise if the production figures beat the historically high record of 14.347 million b
Published 05 Jan, 2012 12:00am
Domestic cotton prices trail New York market, may stabilise

Domestic cotton prices trail New York market, may stabilise

Cotton prices tended higher on the local market on Wednesday following the sharp rise in the NY cotton futures, dealers said. The official spot rate' overnight loss, was reversed, raised by Rs 50 to Rs 5,400, they said. Prices of seedcotton in Sindh were
Published 05 Jan, 2012 12:00am
Oil cake market rates

Oil cake market rates

The January vaida was down and the March contract was higher on the forward cottonseed oilcake market on Wednesday in process of trading, dealers said. The January contract that had ended at Rs 1163.50 commenced with 20 paisa loss at Rs 1163.30 The new Ma
Published 05 Jan, 2012 12:00am
EU wheat down after 13-day rally

EU wheat down after 13-day rally

European wheat prices ended a 13-session winning streak on Wednesday as renewed worries about Europe's economic and debt situation ushered in what many market players saw as an overdue downside correction. By 1300 GMT, the benchmark Euronext March contrac
Published 05 Jan, 2012 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 81,543 tonnes of cargo comprising 53,439 tonnes of import cargo and 28,104 tonnes of export cargo including 3,849 loaded & empty containers during last 24 hours ended at 0700 hours on Wednesday. The total import cargo of 53,439 to
Published 05 Jan, 2012 12:00am
Indonesia's December cocoa exports slump 21 percent

Indonesia's December cocoa exports slump 21 percent

Cocoa bean exports from Indonesia's main growing island of Sulawesi slumped 21 percent in December from the same month a year ago, and shed almost 60 percent in the whole of 2011, industry data showed on Wednesday. December Sulawesi cocoa exports were 12,
Published 05 Jan, 2012 12:00am
India's gold jewellery move may boost demand

India's gold jewellery move may boost demand

India has made hallmarking gold jewellery mandatory, a senior government minister said on Wednesday, a move that could boost demand in the world's biggest gold market by taking care of quality worries. Bombay Bullion Association President Prithviraj Kotha
Published 05 Jan, 2012 12:00am
Irri 6 Sindh, gur rates change on grain market

Irri 6 Sindh, gur rates change on grain market

Lacklustre conditions persisted on the wholesale grain market on Wednesday due to less interest among the retailers, dealers said. On the rice sector Irri-6 Sindh low type gained Rs 50 to Rs 3000 and best type was up by Rs 30 to Rs 3100 amid slow trading,
Published 05 Jan, 2012 12:00am
New York cotton

New York cotton

Tuesday's closing prices of New York cotton in US cents/lb.

Published 05 Jan, 2012 12:00am
New York cotton

New York cotton

Tuesday's closing prices of New York cotton in US cents/lb.

Published 05 Jan, 2012 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 05 Jan, 2012 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 05 Jan, 2012 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (January 04, 2012).

Published 05 Jan, 2012 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Wednesday (January 04, 2012).

Published 05 Jan, 2012 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Wednesday (January 04, 2012).

Published 05 Jan, 2012 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 Wednesday (January 04, 2012).

Published 05 Jan, 2012 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (January 04, 2012).
Published 05 Jan, 2012 12:00am
Memogate probe: RIM vows privacy safeguard

Memogate probe: RIM vows privacy safeguard

Research In Motion vowed Tuesday to defend the legal privacy rights of BlackBerry users after a judicial commission in Pakistan ordered copies of smartphone communications in a scandal probe. The Canadian firm reacted to news that a Pakistani commission w
Published 05 Jan, 2012 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (January 04, 2012).

Published 05 Jan, 2012 12:00am
Memogate probe: RIM vows privacy safeguard

Memogate probe: RIM vows privacy safeguard

Research In Motion vowed Tuesday to defend the legal privacy rights of BlackBerry users after a judicial commission in Pakistan ordered copies of smartphone communications in a scandal probe. The Canadian firm reacted to news that a Pakistani commission w
Published 05 Jan, 2012 12:00am
'If I leave my house, I fear I will be killed'

'If I leave my house, I fear I will be killed'

Husain Haqqani, Pakistan's embattled former ambassador to United States, fears he will be murdered if he leaves his sanctuary in the official residence of Prime Minister Yusuf Raza Gilani in Islamabad.
Published 05 Jan, 2012 12:00am
'If I leave my house, I fear I will be killed'

'If I leave my house, I fear I will be killed'

Husain Haqqani, Pakistan's embattled former ambassador to United States, fears he will be murdered if he leaves his sanctuary in the official residence of Prime Minister Yusuf Raza Gilani in Islamabad.
Published 05 Jan, 2012 12:00am
Zardari, Kayani, Pasha, others asked to appear before commission

Zardari, Kayani, Pasha, others asked to appear before commission

The judicial commission constituted to investigate the Memogate case on Wednesday served notices on President Asif Ali Zardari, Chief of Army Staff General Ashfaq Parvez Kayani, PML-N chief Nawaz Sharif, DG ISI Lieutenant General Shuja Pasha and others, a
Published 05 Jan, 2012 12:00am
Zardari, Kayani, Pasha, others asked to appear before commission

Zardari, Kayani, Pasha, others asked to appear before commission

The judicial commission constituted to investigate the Memogate case on Wednesday served notices on President Asif Ali Zardari, Chief of Army Staff General Ashfaq Parvez Kayani, PML-N chief Nawaz Sharif, DG ISI Lieutenant General Shuja Pasha and others, a
Published 05 Jan, 2012 12:00am
ZAB's hanging black spot in judicial history: Ebrahim

ZAB's hanging black spot in judicial history: Ebrahim

One of the amici curiae in the ZAB reference, Fakhruddin G. Ebrahim, on Wednesday termed Zulfiqar Ali Bhutto's hanging a black spot in the judicial history of the country. An 11-member Chief Justice Iftikhar Muhammad Chaudhry-led larger bench has been hea
Published 05 Jan, 2012 12:00am
ZAB's hanging black spot in judicial history: Ebrahim

ZAB's hanging black spot in judicial history: Ebrahim

One of the amici curiae in the ZAB reference, Fakhruddin G. Ebrahim, on Wednesday termed Zulfiqar Ali Bhutto's hanging a black spot in the judicial history of the country. An 11-member Chief Justice Iftikhar Muhammad Chaudhry-led larger bench has been hea
Published 05 Jan, 2012 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Wednesday (January 04, 2012).

Published 05 Jan, 2012 12:00am
EU agrees embargo on Iranian crude

EU agrees embargo on Iranian crude

European governments have agreed in principle to ban imports of Iranian oil, EU diplomats said on Wednesday, dealing a blow to Tehran that crowns new Western sanctions months before an Iranian election. The prospective embargo by the European Union, along
Published 05 Jan, 2012 12:00am
EU agrees embargo on Iranian crude

EU agrees embargo on Iranian crude

European governments have agreed in principle to ban imports of Iranian oil, EU diplomats said on Wednesday, dealing a blow to Tehran that crowns new Western sanctions months before an Iranian election. The prospective embargo by the European Union, along
Published 05 Jan, 2012 12:00am
EU agrees embargo on Iranian crude

EU agrees embargo on Iranian crude

European governments have agreed in principle to ban imports of Iranian oil, EU diplomats said on Wednesday, dealing a blow to Tehran that crowns new Western sanctions months before an Iranian election. The prospective embargo by the European Union, along
Published 05 Jan, 2012 12:00am
Turkey warns against Shia-Sunni Cold War

Turkey warns against Shia-Sunni Cold War

Middle East powerhouse Turkey on Wednesday warned against a sectarian Cold War in the region and said rising Sunni-Shia tensions would be "suicide" for the whole region. "Let me openly say that there are some willing to start a regional Cold War," Foreign
Published 05 Jan, 2012 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 05 Jan, 2012 12:00am
Turkey warns against Shia-Sunni Cold War

Turkey warns against Shia-Sunni Cold War

Middle East powerhouse Turkey on Wednesday warned against a sectarian Cold War in the region and said rising Sunni-Shia tensions would be "suicide" for the whole region. "Let me openly say that there are some willing to start a regional Cold War," Foreign
Published 05 Jan, 2012 12:00am
No effect on IP gas pipeline project, National Assembly told

No effect on IP gas pipeline project, National Assembly told

Foreign Minister Hina Rabbani Khar Wednesday said that the sanctions on Iran over its nuclear programme will not affect Iran-Pakistan gas pipeline project, saying Islamabad is committed for early completion of the project in best national interest.
Published 05 Jan, 2012 12:00am
No effect on IP gas pipeline project, National Assembly told

No effect on IP gas pipeline project, National Assembly told

Foreign Minister Hina Rabbani Khar Wednesday said that the sanctions on Iran over its nuclear programme will not affect Iran-Pakistan gas pipeline project, saying Islamabad is committed for early completion of the project in best national interest.
Published 05 Jan, 2012 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 05 Jan, 2012 12:00am
No effect on IP gas pipeline project, National Assembly told

No effect on IP gas pipeline project, National Assembly told

Foreign Minister Hina Rabbani Khar Wednesday said that the sanctions on Iran over its nuclear programme will not affect Iran-Pakistan gas pipeline project, saying Islamabad is committed for early completion of the project in best national interest.
Published 05 Jan, 2012 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 05 Jan, 2012 12:00am
PIA gets $100 million Sharia-compliant financing facility

PIA gets $100 million Sharia-compliant financing facility

The Pakistan International Airlines Corporation (PIA) has closed a deal of $ 100 million Shari'a-compliant financing facility. The facility was arranged by Abu Dhabi Islamic Bank, Al Hilal Bank, Citibank NA, and United Bank Limited as Mandated Lead Arrang
Published 05 Jan, 2012 12:00am
Board meetings in progress

Board meetings in progress

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

Published 05 Jan, 2012 12:00am
PIA gets $100 million Sharia-compliant financing facility

PIA gets $100 million Sharia-compliant financing facility

The Pakistan International Airlines Corporation (PIA) has closed a deal of $ 100 million Shari'a-compliant financing facility. The facility was arranged by Abu Dhabi Islamic Bank, Al Hilal Bank, Citibank NA, and United Bank Limited as Mandated Lead Arrang
Published 05 Jan, 2012 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 05 Jan, 2012 12:00am
PIA gets $100 million Sharia-compliant financing facility

PIA gets $100 million Sharia-compliant financing facility

The Pakistan International Airlines Corporation (PIA) has closed a deal of $ 100 million Shari''a-compliant financing facility. The facility was arranged by Abu Dhabi Islamic Bank, Al Hilal Bank, Citibank NA, and United Bank Limited as Mandated Lead Arran
Published 05 Jan, 2012 12:00am
Index loses 40 points

Index loses 40 points

The KSE-100 index on Wednesday lost 40.07 points and closed at 11,361.97 points due to selling by both local and foreign investors after mid-session. The market opened on a positive note and the index hit 11,462.38 points intra-day high level. However, th
Published 05 Jan, 2012 12:00am
Index loses 40 points

Index loses 40 points

The KSE-100 index on Wednesday lost 40.07 points and closed at 11,361.97 points due to selling by both local and foreign investors after mid-session. The market opened on a positive note and the index hit 11,462.38 points intra-day high level. However, th
Published 05 Jan, 2012 12:00am
Index loses 40 points

Index loses 40 points

The KSE-100 index on Wednesday lost 40.07 points and closed at 11,361.97 points due to selling by both local and foreign investors after mid-session. The market opened on a positive note and the index hit 11,462.38 points intra-day high level. However, th
Published 05 Jan, 2012 12:00am
BRIndex30 down 3.57 points

BRIndex30 down 3.57 points

On Wednesday, the BRIndex30 opened at 8,459.12 points. It touched the intra-day high of 8,519.32 points and low of 8,425.47 points, and closed at 8,455.55 points with a net negative change of -3.57 points, or -0.04 percent lower than previous close.
Published 05 Jan, 2012 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (January 04, 2012).

Published 05 Jan, 2012 12:00am
BRIndex30 down 3.57 points

BRIndex30 down 3.57 points

On Wednesday, the BRIndex30 opened at 8,459.12 points. It touched the intra-day high of 8,519.32 points and low of 8,425.47 points, and closed at 8,455.55 points with a net negative change of -3.57 points, or -0.04 percent lower than previous close.
Published 05 Jan, 2012 12:00am
Power, fertiliser and industry: no gas supply this month

Power, fertiliser and industry: no gas supply this month

The Cabinet in its meeting on Wednesday, presided over by Prime Minister Yousuf Raza Gilani, decided to suspend supply of gas to power, industries and fertiliser sectors during January 2012 with a view to ensuring maximum gas to domestic consumers. At a p
Published 05 Jan, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (January 04, 2012).

Published 05 Jan, 2012 12:00am
Power, fertiliser and industry: no gas supply this month

Power, fertiliser and industry: no gas supply this month

The Cabinet in its meeting on Wednesday, presided over by Prime Minister Yousuf Raza Gilani, decided to suspend supply of gas to power, industries and fertiliser sectors during January 2012 with a view to ensuring maximum gas to domestic consumers. At a p
Published 05 Jan, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (January 04, 2012).

Published 05 Jan, 2012 12:00am
Power, fertiliser and industry: no gas supply this month

Power, fertiliser and industry: no gas supply this month

The Cabinet in its meeting on Wednesday, presided over by Prime Minister Yousuf Raza Gilani, decided to suspend supply of gas to power, industries and fertiliser sectors during January 2012 with a view to ensuring maximum gas to domestic consumers. At a p
Published 05 Jan, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (January 04, 2012).

Published 05 Jan, 2012 12:00am
President assures industry early gas restoration

President assures industry early gas restoration

President Asif Ali Zardari has assured All Pakistan Textile Mills Association (Aptma) leadership of restoration of gas supply to the textile industry soon, and appealed to the textile industry workers, through Punjab Governor Latif Khosa to disperse peace
Published 05 Jan, 2012 12:00am
THE RUPEE: bears rule

THE RUPEE: bears rule

Bears persisted on the money market on Wednesday as the rupee extended fall versus dollar due to strong demand for the greenback, dealers said. The rupee shed eight paisa against dollar for buying at 90.20 and lost 10 paisa for selling at 90.25, dealers s
Published 05 Jan, 2012 12:00am
President assures industry early gas restoration

President assures industry early gas restoration

President Asif Ali Zardari has assured All Pakistan Textile Mills Association (Aptma) leadership of restoration of gas supply to the textile industry soon, and appealed to the textile industry workers, through Punjab Governor Latif Khosa to disperse peace
Published 05 Jan, 2012 12:00am
THE RUPEE: bears rule

THE RUPEE: bears rule

Bears persisted on the money market on Wednesday as the rupee extended fall versus dollar due to strong demand for the greenback, dealers said. The rupee shed eight paisa against dollar for buying at 90.20 and lost 10 paisa for selling at 90.25, dealers s
Published 05 Jan, 2012 12:00am
President assures industry early gas restoration

President assures industry early gas restoration

President Asif Ali Zardari has assured All Pakistan Textile Mills Association (Aptma) leadership of restoration of gas supply to the textile industry soon, and appealed to the textile industry workers, through Punjab Governor Latif Khosa to disperse peace
Published 05 Jan, 2012 12:00am
CNG prices reduced

CNG prices reduced

Accepting the demand of All Pakistan CNG Association (APCNGA), the government on Wednesday reduced CNG prices by Re 0.72 per kg in Zone-I consisting of Khyber-Pakhtunkhawa, Balochistan and Potohar region and Rs 0.38 per kg in Zone-II consisting of Punjab
Published 05 Jan, 2012 12:00am
CNG prices reduced

CNG prices reduced

Accepting the demand of All Pakistan CNG Association (APCNGA), the government on Wednesday reduced CNG prices by Re 0.72 per kg in Zone-I consisting of Khyber-Pakhtunkhawa, Balochistan and Potohar region and Rs 0.38 per kg in Zone-II consisting of Punjab
Published 05 Jan, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (January 04, 2012).

Published 05 Jan, 2012 12:00am
CNG prices reduced

CNG prices reduced

Accepting the demand of All Pakistan CNG Association (APCNGA), the government on Wednesday reduced CNG prices by Re 0.72 per kg in Zone-I consisting of Khyber-Pakhtunkhawa, Balochistan and Potohar region and Rs 0.38 per kg in Zone-II consisting of Punjab
Published 05 Jan, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (January 04, 2012).

Published 05 Jan, 2012 12:00am
Sabic to supply 0.2 million tons of urea

Sabic to supply 0.2 million tons of urea

The country will import 0.2 million tons of urea from Saudi Arabia Basic Industries Corporation (Sabic) under the $100 million credit facility provided by the Saudi Fund for Development (SFD) to curtail urea shortage during Rabi season. Following the dire
Published 05 Jan, 2012 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (January 04, 2012).

Published 05 Jan, 2012 12:00am
Sabic to supply 0.2 million tons of urea

Sabic to supply 0.2 million tons of urea

The country will import 0.2 million tons of urea from Saudi Arabia Basic Industries Corporation (Sabic) under the $100 million credit facility provided by the Saudi Fund for Development (SFD) to curtail urea shortage during Rabi season. Following the dire
Published 05 Jan, 2012 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Wednesday (January 04, 2012) and for Thursday (January 05, 2012).
Published 05 Jan, 2012 12:00am
Sabic to supply 0.2 million tons of urea

Sabic to supply 0.2 million tons of urea

The country will import 0.2 million tons of urea from Saudi Arabia Basic Industries Corporation (Sabic) under the $100 million credit facility provided by the Saudi Fund for Development (SFD) to curtail urea shortage during Rabi season. Following the dire
Published 05 Jan, 2012 12:00am
Previous Day