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 - 2012-02-08
Gold jumps to Rs 50,657
Markets

Gold jumps to Rs 50,657

KARACHI: Gold jumped by Rs 600 to close at Rs 50,657 per 10 grams in the local market Wednesday as its international pri
Published 08 Feb, 2012 03:17pm
COAS visits Kurram agency
Top News

COAS visits Kurram agency

RAWALPINDI: Chief of Army Staff (COAS), General Ashfaq Parvez Kayani visited Kurram Agency on Wednesday and was briefed
Published 08 Feb, 2012 03:17pm
Senate session starts
Pakistan

Senate session starts

ISLAMABAD: The Senate Session started here on Wednesday at Parliament House with the recitation from the Holy Quran. Th
Published 08 Feb, 2012 01:43pm
ISE-10 sheds 15 points
Markets

ISE-10 sheds 15 points

ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Wednesday witnessed bearish trend as the index was down by 15.59 po
Published 08 Feb, 2012 01:42pm
RECORDER REPORT: KSE close of day
Top News

RECORDER REPORT: KSE close of day

KARACHI : After witnessing a bull run during the last three consecutive sessions, the investors on Wednesday opted for p
Published 08 Feb, 2012 01:33pm
Oil prices rise further
Energy

Oil prices rise further

LONDON: Crude oil prices extended gains on Wednesday as traders reacted to a forecast that global demand is set to grow
Published 08 Feb, 2012 12:48pm
Gold jumps to Rs 50,657 per 10 grams
Top News

Gold jumps to Rs 50,657 per 10 grams

KARACHI: Gold jumped by Rs 600 to close at Rs 50,657 per 10 grams in the local market Wednesday as its international pri
Published 08 Feb, 2012 11:50am
Pilot killed in PAF crash
Top News

Pilot killed in PAF crash

QUETTA: A pilot was killed when his Pakistan Air Force plane crashed Wednesday during a training mission in Baluchistan
Published 08 Feb, 2012 09:53am
RECORDER REPORT: mid day update
Top News

RECORDER REPORT: mid day update

KARACHI: On Wednesday until 12:30 P.M., KSE-100 Index remained green and was at 12,310.41 with a positive change of 25.7
Published 08 Feb, 2012 08:06am
Vietnam cuts rice export floor prices
Top News

Vietnam cuts rice export floor prices

HANOI: Vietnam has lowered the export price floor for 25 percent broken rice to $420 a tonne from $455 a tonne from Wedn
Published 08 Feb, 2012 04:37am
Drone strike kills eight in Miranshah
Top News

Drone strike kills eight in Miranshah

MIRANSHAH: A US drone attack targeting a militant compound killed eight insurgents in a troubled tribal region on Wednes
Published 08 Feb, 2012 03:46am
All lows for Pakistan
BR Research

All lows for Pakistan

Moodys investor service has maintained Pakistans B3 rating in its annual report. With this rating Pakistan stands abreast of Argentina, Bela
Published 08 Feb, 2012 12:00am
Palm oil game changer
BR Research

Palm oil game changer

Pakistan and Indonesia have ratified a Preferential Trade Agreement (PTA) clearing the way for trade liberalisation between the two countrie
Published 08 Feb, 2012 12:00am
Yuan edges up

Yuan edges up

The yuan edged up on Tuesday, extending a month-long holding pattern that has left traders scratching their heads about the near-term direction of the exchange rate. Spot yuan closed at 6.3049 per dollar on Tuesday, 72 pips stronger than Monday's close. T
Published 08 Feb, 2012 12:00am
Bangladesh's interbank forex and interest rates

Bangladesh's interbank forex and interest rates

Interbank buy/sell rates for the taka against the dollar on Tuesday. 84.05-84.25 (previous 84.13-84.34). Call Money Rates: 20.00 percent (previous 10.00-20.00 percent.
Published 08 Feb, 2012 12:00am
Euro dips in New York

Euro dips in New York

The euro dropped against the dollar on Monday as Greece's political leaders delayed a decision on a new bailout package, raising concerns of a disorderly default that could spread to other debt-ridden countries in the region. A European Commission spokesm
Published 08 Feb, 2012 12:00am
Midday trade in New York: euro scales eight-week peaks

Midday trade in New York: euro scales eight-week peaks

The euro gained across the board, hitting eight-week highs against the dollar on Tuesday, after a Greek official said the government is drafting an agreement on a bailout deal that will be put before political leaders for approval later in the day.
Published 08 Feb, 2012 12:00am
Euro slips in London

Euro slips in London

The euro slipped against the dollar on Tuesday but stayed within its recent range as investors waited to see whether Greece will agree to painful austerity measures that are crucial for a rescue package to avoid a messy debt default. Optimism over Greece
Published 08 Feb, 2012 12:00am
Euro falls in Asia

Euro falls in Asia

The euro nudged lower on Tuesday in Asia, though most traders clung to hopes Greece would finally clinch a rescue package despite its politicians postponing a decision to accept painful terms by yet another day. The Australian dollar jumped a full cent to
Published 08 Feb, 2012 12:00am
Sterling climbs versus dollar

Sterling climbs versus dollar

Sterling rose to a 12-week high against the dollar on Tuesday, tracking broad gains in riskier currencies on expectations Greece might secure a second bailout and avoid a messy default. Sterling rose 0.5 percent to a high of $1.5903, surpassing the Februa
Published 08 Feb, 2012 12:00am
FTSE flat as Greece progress spurs late bounce

FTSE flat as Greece progress spurs late bounce

Britain's blue chip index closed flat on Tuesday after staging a late recovery on talk that Greece was making progress towards securing a bailout deal and avert a messy default. The FTSE 100 gauge ended the session 1.94 points lower at 5,890.26 as gains a
Published 08 Feb, 2012 12:00am
European shares cut losses

European shares cut losses

European shares slipped on Tuesday after investor optimism that Greece is progressing towards a deal to avoid a chaotic debt default helped stocks recover ground from earlier losses on the back of weak company earnings. Greece's government is preparing a
Published 08 Feb, 2012 12:00am
Taiwan stocks slightly up

Taiwan stocks slightly up

Taiwan stocks rose 0.25 percent on Tuesday, the ninth gain in the past 10 sessions, but smartphone maker HTC Corp fell by the maximum allowed after it forecast lower revenue than expected for the first quarter. The main TAIEX index ended up 19.46 points a
Published 08 Feb, 2012 12:00am
Indian shares snap five-day rally

Indian shares snap five-day rally

Indian shares snapped a five-day rally on Tuesday as investors locked in profits after the government forecast growth may dip below 7 percent, the slowest pace since the 2008 financial crisis. Bharti Airtel, the country's largest mobile operator, was amon
Published 08 Feb, 2012 12:00am
China shares slip; Hong Kong index gains

China shares slip; Hong Kong index gains

China shares suffered their biggest daily loss in more than three weeks on Tuesday after hopes for a cut soon in bank reserve requirements were doused, with the Shanghai benchmark breaking below key chart support, pointing to further weakness ahead. The m
Published 08 Feb, 2012 12:00am
Seoul stocks up

Seoul stocks up

Seoul shares edged up on Tuesday after a rangebound trading session as technical pressure was offset by steady offshore bids, with investors undeterred by overnight Wall Street losses and setbacks in the struggle to secure a Greek debt deal. The Korea Com
Published 08 Feb, 2012 12:00am
Treasury debt prices up

Treasury debt prices up

US Treasury debt prices rose on Monday in thin trading as vague worries over the outcome of the Greek debt swap and European leaders' ability to deal with the sovereign debt crisis drove some buyers back into safe-haven debt. Greece let slip another deadl
Published 08 Feb, 2012 12:00am
Treasury debt prices up

Treasury debt prices up

US Treasury debt prices rose on Monday in thin trading as vague worries over the outcome of the Greek debt swap and European leaders' ability to deal with the sovereign debt crisis drove some buyers back into safe-haven debt. Greece let slip another deadl
Published 08 Feb, 2012 12:00am
Australian shares fall

Australian shares fall

Australian shares wiped out gains to fall 0.5 percent on Tuesday after the country's central bank surprised the market by holding rates steady, despite uncertainty over global growth, which knocked bank, retail and property stocks. The market had been bet
Published 08 Feb, 2012 12:00am
US stocks down

US stocks down

US stocks closed slightly lower on Monday as lingering questions about Europe's debt crisis and corporate earnings overshadowed growing optimism about economic growth after a five-week rally. The S&P has risen about 7 percent so far this year, helped by a
Published 08 Feb, 2012 12:00am
Tuesday's early afternoon trade: Wall Street edges up

Tuesday's early afternoon trade: Wall Street edges up

US stocks edged higher on Tuesday as investors awaited the outcome of discussions on a bailout package for Greece that is critical to the country avoiding a chaotic default. A light US economic calendar this week shifted investor focus back to the euro zo
Published 08 Feb, 2012 12:00am
Nikkei average slip

Nikkei average slip

Japan's Nikkei average slipped from a three-month high on Tuesday after Greek leaders delayed a decision yet again on the unpopular terms of a new $170 billion bailout, tempering optimism over the health of United States' economy. "This is mostly profit-t
Published 08 Feb, 2012 12:00am
Southeast Asian markets: Manila, Jakarta underperform

Southeast Asian markets: Manila, Jakarta underperform

Stocks in the Philippines and Indonesia fell while Singapore and Thai shares posted limited gains on Tuesday amid mild selling pressure as caution about the euro zone crisis set in due to dragged-out Greek debt-restructuring talks. Greek resistance to the
Published 08 Feb, 2012 12:00am
Egypt's bourse climbs; Gulf markets down

Egypt's bourse climbs; Gulf markets down

Egypt's bourse climbed on Tuesday on improving investor sentiment over a likely quicker transition to civilian rule, while most Gulf markets declined on global concerns and a sell-off after recent gains. Egypt's main index climbed 1 percent after the coun
Published 08 Feb, 2012 12:00am
Commercial traffic resumes on Shatt al-Arab

Commercial traffic resumes on Shatt al-Arab

Commercial traffic has resumed on the strategic Shatt al-Arab waterway after 31 years, with the official opening of a port for oil giant Shell, an Iraqi official said on Tuesday. Part of the 200-kilometre-long (120 miles) waterway forms a section of the b
Published 08 Feb, 2012 12:00am
Greece drafts bailout text for parties

Greece drafts bailout text for parties

Greece's government is preparing a document with a list of painful reforms needed to clinch a new financing package, a government official said on Tuesday, moving Athens one step closer to a deal needed to avoid a chaotic debt default. Officials worked on
Published 08 Feb, 2012 12:00am
We want Greece in the euro: Barroso

We want Greece in the euro: Barroso

European Commission president Jose Manuel Barroso insisted Tuesday that Greece will remain in the eurozone after one of his deputies suggested the eurozone would survive a Greek exit. "We want Greece in the euro," Barroso told reporters. "The cost of a Gr
Published 08 Feb, 2012 12:00am
French trade deficit hits high

French trade deficit hits high

France's trade deficit hit a record high of just shy of 70 billion euros in 2011 as sharply rising energy import costs and lower export growth combined to underline the country's struggle to keep competitive globally. Farm produce and luxury goods such as
Published 08 Feb, 2012 12:00am
Bernanke urges Congress to address Bush tax cuts

Bernanke urges Congress to address Bush tax cuts

Federal Reserve Chairman Ben Bernanke on Tuesday warned Congress that putting off a decision on the fate of expiring Bush administration tax cuts could unsettle businesses and households, undercutting the US economic recovery. With presidential and congre
Published 08 Feb, 2012 12:00am
Airline industry split over EU carbon charges

Airline industry split over EU carbon charges

A split widened within the aviation industry Tuesday over EU charges for carbon emissions, as Europe's low-cost carriers accused Chinese and US rivals of "gunboat" diplomacy against the system. A day after China barred its airlines from complying with wha
Published 08 Feb, 2012 12:00am
Blow for German economy as industrial output drops

Blow for German economy as industrial output drops

German industrial output fell in December, in line with an expected downturn in Europe's biggest economy at the end of last year, data showed on Tuesday but analysts expect a quick rebound. The economy ministry calculated that German industrial production
Published 08 Feb, 2012 12:00am
Watchdogs to drag shadow banks into the light

Watchdogs to drag shadow banks into the light

Beyond the reach of regulators, and about half the size of the world's banking industry, a thriving breed of "shadow banks" is emerging that could trigger the next chapter in the global financial crisis. Spurred by this concern, the watchdogs are turning
Published 08 Feb, 2012 12:00am
ArcelorMittal sees first half pickup, concern on Europe

ArcelorMittal sees first half pickup, concern on Europe

ArcelorMittal, the world's largest steelmaker, forecast an improvement in the first half of 2012 from a weak end to last year, with a clear pick up in North America but still concerns about Europe. The company, which makes around 7 percent of global steel
Published 08 Feb, 2012 12:00am
Spain's banks count cost of property clean-up

Spain's banks count cost of property clean-up

Spanish banks counted the cost on Tuesday of new government rules aimed at cleaning up the damage from a property market crash, recognising billions of euros in losses and, in the case of the most exposed, seeking a merger.
Published 08 Feb, 2012 12:00am
Cotton market may operate in narrow range till next couple of months

Cotton market may operate in narrow range till next couple of months

Latest position of seed-cotton arrivals and estimated balance crop in the fields strongly support season's cotton production estimates around 14.5 million local weight bales, estimated to carry average weight around 155 Kgs per bale whereas standard avera
Published 08 Feb, 2012 12:00am
Cotton market may operate in narrow range till next couple of months

Cotton market may operate in narrow range till next couple of months

Latest position of seed-cotton arrivals and estimated balance crop in the fields strongly support season's cotton production estimates around 14.5 million local weight bales, estimated to carry average weight around 155 Kgs per bale whereas standard avera
Published 08 Feb, 2012 12:00am
Afridi in, Razzaq out of Pakistan ODI, T20 squad

Afridi in, Razzaq out of Pakistan ODI, T20 squad

Pakistan Cricket Board (PCB) on Tuesday selected squad for four One-day international (ODI) and three Twenty20 matches against England starting at Abu Dhabi from February 13 retaining Misbah-ul-Haq as skipper and most of the players of Test squad that whi
Published 08 Feb, 2012 12:00am
Li, Jankovic withdraw from Paris WTA Open

Li, Jankovic withdraw from Paris WTA Open

French Open champion Li Na of China and Serbia's Jelena Jankovic were both forced to withdraw from the WTA Paris Indoor Open on Tuesday because of injuries. Third-seeded Li withdrew while trailing Bulgarian Tsvetana Pironkova 7-6 (7/5), 3-2 in their first
Published 08 Feb, 2012 12:00am
Russia offers cash incentives for London medalists

Russia offers cash incentives for London medalists

The Russian government has announced cash incentives for those athletes who win medals at the 2012 Olympic Games in London this summer, local media reported Tuesday. Reports said that an Olympic gold medal winner would receive four million roubles in rewa
Published 08 Feb, 2012 12:00am
England announce teams dropping Bell

England announce teams dropping Bell

Experienced middle-order batsman Ian Bell was Tuesday dropped from England's one-day squad after struggling to find his form during his team's 3-0 Test defeat to Pakistan. The 29-year-old managed just 51 runs in six innings and failed to cope against spin
Published 08 Feb, 2012 12:00am
Pietersen to open in One-dayers

Pietersen to open in One-dayers

England coach Andy Flower Tuesday confirmed struggling batsman Kevin Pietersen will open the innings during the four-match one-day series against Pakistan starting next week. The 31-year-old batsman struggled with 67 runs in six innings during England's 3
Published 08 Feb, 2012 12:00am
Mali out to defy history against Drogba and co

Mali out to defy history against Drogba and co

Mali will have to defy history if they are to overcome the mighty Ivory Coast in Wednesday's Africa Cup of Nations semi-final. The Ivorians have met Mali 21 times, winning 14 with the Eagles emerging victorious just the once, in a friendly back in 1995. T
Published 08 Feb, 2012 12:00am
Flower laments England lay-off

Flower laments England lay-off

England coach Andy Flower blamed his team's lengthy lay-off as being one of the factors contributing towards the 3-0 Test series rout by Pakistan, assuring he will adjust preparations accordingly in the future. England, who didn't play a Test since beatin
Published 08 Feb, 2012 12:00am
PFF hosts 'D' certificate coaching course

PFF hosts 'D' certificate coaching course

Pakistan Football Federation (PFF), in line with its emphasis on 'PFF Vision Plan 2020 and Youth Development Program' has hosted PFF "D" Certificate Football Coaching Course for Region-2011. The 5-day coaching course was conducted by Akhter Mohi-ud-Din as
Published 08 Feb, 2012 12:00am
PCB, ICC clarify confusion over Ajmal's bowling

PCB, ICC clarify confusion over Ajmal's bowling

Pakistan cricket authorities and the International Cricket Council (ICC) on Tuesday clarified the confusion over Saeed Ajmal's bowling action, saying the spinner had been cleared within the specified limits. Ajmal himself created more confusion, by claimi
Published 08 Feb, 2012 12:00am
Australia in India tobacco ad row

Australia in India tobacco ad row

Cricket Australia Tuesday pulled Hindi adverts displayed during the series with India after being alerted that they could be promoting tobacco, which would attract big fines for breaching local laws. Cricket bosses said they were assured by the Indian gov
Published 08 Feb, 2012 12:00am
Waugh warns Ponting cannot go on forever

Waugh warns Ponting cannot go on forever

Former Australian Test captain Steve Waugh has warned that Ricky Ponting cannot go on forever despite his stellar form and selectors must start planning for his eventual departure. Ponting, 37, was in sparkling form in the recent Test series against India
Published 08 Feb, 2012 12:00am
Suarez's return fails to spark Liverpool

Suarez's return fails to spark Liverpool

Luis Suarez's return from an eight-match suspension failed to inspire Liverpool as they were held to a goalless draw by Tottenham at Anfield on Monday. Suarez received a rapturous reception from Liverpool fans when he came on in the 66th minute - his firs
Published 08 Feb, 2012 12:00am
Oil cake market rates

Oil cake market rates

The March vaida was higher and May contract was unchanged on the forward cottonseed oilcake market on Tuesday in process of trading, dealers said. The March vaida that had closed at 771.50 opened with a rise of 20 paisa at Rs 771.70. The March vaida which
Published 08 Feb, 2012 12:00am
Vietnam's coffee prices unchanged in thin supply

Vietnam's coffee prices unchanged in thin supply

Coffee prices in Vietnam were unchanged on Tuesday from a week earlier, despite short supply in the market, as farmers refrained from selling stocks and exporters had thin stockpiling volumes, traders said. Robusta beans were offered at 37 million dong ($
Published 08 Feb, 2012 12:00am
Prices stay put on grain market

Prices stay put on grain market

Firmness prevailed on the wholesale grain and seed market on Tuesday as most of the commodity items retained overnight levels due to steady arrivals from upcountry centres, dealers said. On the seeds side, cottonseed oilcake with bag Sindh gained Rs 50 to
Published 08 Feb, 2012 12:00am
Canadian canola futures rise

Canadian canola futures rise

ICE Canadian canola futures climbed on Monday to a nearly two-week high, supported by firm soybean prices and a weaker Canadian dollar that attracted exporter buying, traders said. Farmer selling backed off modestly, keeping commercial hedges light - trad
Published 08 Feb, 2012 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 70,044 tonnes of cargo comprising 53,165 tonnes of import cargo and 16,879 tonnes of export cargo including 2,412 loaded & empty containers during last 24 hours ended at 0700 hours on Tuesday. The total import cargo of 53,165 tonn
Published 08 Feb, 2012 12:00am
New York cotton

New York cotton

The fluctuations observed during the day.

Published 08 Feb, 2012 12:00am
New York cotton

New York cotton

The fluctuations observed during the day.

Published 08 Feb, 2012 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

The Exchange Rates Committee of State Bank of Pakistan issued the following exchange rates bulletin here on Tuesday (February 07, 2012). Conversion rates for foreign currency deposits, DBC/FCBC, Special US$ Bonds and profits thereon and for forward cover
Published 08 Feb, 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 08 Feb, 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 Tuesday (February 07, 2012).

Published 08 Feb, 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 Tuesday (February 07, 2012).

Published 08 Feb, 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 Tuesday (February 07, 2012).

Published 08 Feb, 2012 12:00am
LSE index up by 25.39 points

LSE index up by 25.39 points

Bullish sentiment prevailed at Lahore Stock Exchange on Tuesday and equities registered gains following buying support in the banking sector shares. The LSE-25 index gained 25.39 points and closed at 3211.13 points against 3185.74 points of Monday, while
Published 08 Feb, 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 Tuesday (February 07, 2012).

Published 08 Feb, 2012 12:00am
LSE index up by 25.39 points

LSE index up by 25.39 points

Bullish sentiment prevailed at Lahore Stock Exchange on Tuesday and equities registered gains following buying support in the banking sector shares. The LSE-25 index gained 25.39 points and closed at 3211.13 points against 3185.74 points of Monday, while
Published 08 Feb, 2012 12:00am
ISE index gains 59.61 points

ISE index gains 59.61 points

Equities moved both ways at Islamabad Stock Exchange (ISE) on Tuesday where investors adopted cautious approach amid increase in index. ISE-10 Index showed an improvement of 59.61 points from 2,660.97 points to 2,720.58 points. Turnover amounted to 494,82
Published 08 Feb, 2012 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (February 07, 2012).
Published 08 Feb, 2012 12:00am
ISE index gains 59.61 points

ISE index gains 59.61 points

Equities moved both ways at Islamabad Stock Exchange (ISE) on Tuesday where investors adopted cautious approach amid increase in index. ISE-10 Index showed an improvement of 59.61 points from 2,660.97 points to 2,720.58 points. Turnover amounted to 494,82
Published 08 Feb, 2012 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (February 07, 2012).

Published 08 Feb, 2012 12:00am
Jobs of Kayani, Pasha: Supreme Court admits petition for hearing

Jobs of Kayani, Pasha: Supreme Court admits petition for hearing

The Supreme Court Tuesday accepted for preliminary hearing a petition seeking directions to stop the government from sacking Chief of Army Staff (CoAS) General Ashfaq Parvez Kayani and Director General Inter Services Intelligence (ISI) Lieutenant General
Published 08 Feb, 2012 12:00am
Jobs of Kayani, Pasha: Supreme Court admits petition for hearing

Jobs of Kayani, Pasha: Supreme Court admits petition for hearing

The Supreme Court Tuesday accepted for preliminary hearing a petition seeking directions to stop the government from sacking Chief of Army Staff (CoAS) General Ashfaq Parvez Kayani and Director General Inter Services Intelligence (ISI) Lieutenant General
Published 08 Feb, 2012 12:00am
Secret talks on Afghan issue

Secret talks on Afghan issue

Representatives of Pakistan, Afghanistan and the US, besides the militant groups fighting US forces in Afghanistan, including Taliban, Hizb-e-Islami and Haqqani group, met secretly in Qatar, Aaj News reported on Tuesday. Quoting unnamed diplomatic
Published 08 Feb, 2012 12:00am
Secret talks on Afghan issue

Secret talks on Afghan issue

Representatives of Pakistan, Afghanistan and the US, besides the militant groups fighting US forces in Afghanistan, including Taliban, Hizb-e-Islami and Haqqani group, met secretly in Qatar, Aaj News reported on Tuesday. Quoting unnamed diplomatic
Published 08 Feb, 2012 12:00am
Maldives president quits after mutiny

Maldives president quits after mutiny

President Mohamed Nasheed of the Maldives, widely credited with bringing democracy to the Indian Ocean archipelago, resigned on Tuesday after weeks of opposition protests erupted into a police mutiny and what an aide said amounted to a coup. Nasheed, the
Published 08 Feb, 2012 12:00am
Maldives president quits after mutiny

Maldives president quits after mutiny

President Mohamed Nasheed of the Maldives, widely credited with bringing democracy to the Indian Ocean archipelago, resigned on Tuesday after weeks of opposition protests erupted into a police mutiny and what an aide said amounted to a coup. Nasheed, the
Published 08 Feb, 2012 12:00am
FBR apprised of new fake CNIC business

FBR apprised of new fake CNIC business

The value-added textile industry has conveyed to the Federal Board of Revenue (FBR) that a new kind of illegitimate business of fake/flying computerised national identity card numbers (CNICs) has taken roots in Karachi, following implementation of SRO 821
Published 08 Feb, 2012 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Tuesday (February 07, 2012).

Published 08 Feb, 2012 12:00am
FBR apprised of new fake CNIC business

FBR apprised of new fake CNIC business

The value-added textile industry has conveyed to the Federal Board of Revenue (FBR) that a new kind of illegitimate business of fake/flying computerised national identity card numbers (CNICs) has taken roots in Karachi, following implementation of SRO 821
Published 08 Feb, 2012 12:00am
FBR apprised of new fake CNIC business

FBR apprised of new fake CNIC business

The value-added textile industry has conveyed to the Federal Board of Revenue (FBR) that a new kind of illegitimate business of fake/flying computerised national identity card numbers (CNICs) has taken roots in Karachi, following implementation of SRO 821
Published 08 Feb, 2012 12:00am
FBR bans local POL products' export to Afghanistan

FBR bans local POL products' export to Afghanistan

The Federal Board of Revenue has issued instructions to the Model Customs Collectorates (MCCs) to ban export of locally-produced POL products to Afghanistan under SRO 67(I)/2012 of the Ministry of Commerce. Sources told Business Recorder that the F
Published 08 Feb, 2012 12:00am
FBR bans local POL products' export to Afghanistan

FBR bans local POL products' export to Afghanistan

The Federal Board of Revenue has issued instructions to the Model Customs Collectorates (MCCs) to ban export of locally-produced POL products to Afghanistan under SRO 67(I)/2012 of the Ministry of Commerce. Sources told Business Recorder that the F
Published 08 Feb, 2012 12:00am
FBR bans local POL products'' export to Afghanistan

FBR bans local POL products'' export to Afghanistan

The Federal Board of Revenue has issued instructions to the Model Customs Collectorates (MCCs) to ban export of locally-produced POL products to Afghanistan under SRO 67(I)/2012 of the Ministry of Commerce. Sources told Business Recorder that the F
Published 08 Feb, 2012 12:00am
Glencore, Xstrata announce merger

Glencore, Xstrata announce merger

Raw materials giant Glencore and mining firm Xstrata announced a vast merger on Tuesday, creating a $90 billion (69 billion euro) group and heralding a new powerhouse in the global commodities industry. The bid by Glencore, uniting the two Swiss-based gro
Published 08 Feb, 2012 12:00am
Glencore, Xstrata announce merger

Glencore, Xstrata announce merger

Raw materials giant Glencore and mining firm Xstrata announced a vast merger on Tuesday, creating a $90 billion (69 billion euro) group and heralding a new powerhouse in the global commodities industry. The bid by Glencore, uniting the two Swiss-based gro
Published 08 Feb, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Tuesday (February 07, 2012).

Published 08 Feb, 2012 12:00am
Glencore, Xstrata announce merger

Glencore, Xstrata announce merger

Raw materials giant Glencore and mining firm Xstrata announced a vast merger on Tuesday, creating a $90 billion (69 billion euro) group and heralding a new powerhouse in the global commodities industry. The bid by Glencore, uniting the two Swiss-based gro
Published 08 Feb, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Tuesday (February 07, 2012).

Published 08 Feb, 2012 12:00am
Index gains 147.70 points

Index gains 147.70 points

A bullish trend was witnessed on the Karachi share market on Tuesday and the KSE-100 index increased by 147.70 points to close at 12,284.62 points. After a positive opening, the index briefly visited negative territory at 12,126.27-point intra-day low due
Published 08 Feb, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Tuesday (February 07, 2012).

Published 08 Feb, 2012 12:00am
Index gains 147.70 points

Index gains 147.70 points

A bullish trend was witnessed on the Karachi share market on Tuesday and the KSE-100 index increased by 147.70 points to close at 12,284.62 points. After a positive opening, the index briefly visited negative territory at 12,126.27-point intra-day low due
Published 08 Feb, 2012 12:00am
JLI YAQEEN GROWTH FUND RATES

JLI YAQEEN GROWTH FUND RATES

Jubilee Life Insurance Yaqeen Growth Fund Rates on Tuesday (February 07, 2012).

Published 08 Feb, 2012 12:00am
Index gains 147.70 points

Index gains 147.70 points

A bullish trend was witnessed on the Karachi share market on Tuesday and the KSE-100 index increased by 147.70 points to close at 12,284.62 points. After a positive opening, the index briefly visited negative territory at 12,126.27-point intra-day low due
Published 08 Feb, 2012 12:00am
JLI YAQEEN GROWTH FUND RATES

JLI YAQEEN GROWTH FUND RATES

Jubilee Life Insurance Yaqeen Growth Fund Rates on Tuesday (February 07, 2012).

Published 08 Feb, 2012 12:00am
BRIndex30 up 77.73 points

BRIndex30 up 77.73 points

On Tuesday, the BRIndex30 opened at 9,232.35 points and, in the last two hours, took an upward trend. It touched the intra-day high of 9,316.25 points and low of 9,172.06 points, and closed at 9,310.08 points with a net positive change of 77.73 points, or
Published 08 Feb, 2012 12:00am
JLI YAQEEN GROWTH FUND RATES

JLI YAQEEN GROWTH FUND RATES

Jubilee Life Insurance Yaqeen Growth Fund Rates on Tuesday (February 07, 2012).

Published 08 Feb, 2012 12:00am
BRIndex30 up 77.73 points

BRIndex30 up 77.73 points

On Tuesday, the BRIndex30 opened at 9,232.35 points and, in the last two hours, took an upward trend. It touched the intra-day high of 9,316.25 points and low of 9,172.06 points, and closed at 9,310.08 points with a net positive change of 77.73 points, or
Published 08 Feb, 2012 12:00am
'No loadshedding' a reprieve for only three months

'No loadshedding' a reprieve for only three months

Good news of 'no electricity loadshedding' in the country due to increase in hydel generation is perhaps a reprieve only for three months as it will re-emerge in May 2012. The announcement of 'loadshedding-free country' from Tuesday and its implementation
Published 08 Feb, 2012 12:00am
'No loadshedding' a reprieve for only three months

'No loadshedding' a reprieve for only three months

Good news of 'no electricity loadshedding' in the country due to increase in hydel generation is perhaps a reprieve only for three months as it will re-emerge in May 2012. The announcement of 'loadshedding-free country' from Tuesday and its implementation
Published 08 Feb, 2012 12:00am
''No loadshedding'' a reprieve for only three months

''No loadshedding'' a reprieve for only three months

Good news of ''no electricity loadshedding'' in the country due to increase in hydel generation is perhaps a reprieve only for three months as it will re-emerge in May 2012. The announcement of ''loadshedding-free country'' from Tuesday and its implementa
Published 08 Feb, 2012 12:00am
Russia seeks peace in Syria as forces bombard Homs

Russia seeks peace in Syria as forces bombard Homs

Russia won a promise from Syrian President Bashar al-Assad on Tuesday to bring an end to bloodshed in Syria, but Western and Arab states acted to isolate Assad further after activists and rebels said his forces killed over 100 in the city of Homs.
Published 08 Feb, 2012 12:00am
Russia seeks peace in Syria as forces bombard Homs

Russia seeks peace in Syria as forces bombard Homs

Russia won a promise from Syrian President Bashar al-Assad on Tuesday to bring an end to bloodshed in Syria, but Western and Arab states acted to isolate Assad further after activists and rebels said his forces killed over 100 in the city of Homs.
Published 08 Feb, 2012 12:00am
Pakistan committed to gas pipeline: Zardari tells Iranian VP

Pakistan committed to gas pipeline: Zardari tells Iranian VP

President Asif Ali Zardari Tuesday said Pakistan is committed to early implementation of Iran-Pakistan gas pipeline project in order to meet the ever growing demand of energy in the country. He said the government was also pursuing a trade liberalisation
Published 08 Feb, 2012 12:00am
Pakistan committed to gas pipeline: Zardari tells Iranian VP

Pakistan committed to gas pipeline: Zardari tells Iranian VP

President Asif Ali Zardari Tuesday said Pakistan is committed to early implementation of Iran-Pakistan gas pipeline project in order to meet the ever growing demand of energy in the country. He said the government was also pursuing a trade liberalisation
Published 08 Feb, 2012 12:00am
Pakistan committed to gas pipeline: Zardari tells Iranian VP

Pakistan committed to gas pipeline: Zardari tells Iranian VP

President Asif Ali Zardari Tuesday said Pakistan is committed to early implementation of Iran-Pakistan gas pipeline project in order to meet the ever growing demand of energy in the country. He said the government was also pursuing a trade liberalisation
Published 08 Feb, 2012 12:00am
Previous Day