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Archive - 2018-05-11
Floating PIBs
Banking

Floating PIBs

Five years ago, government’s domestic maturity profile was too low as short-term floating debts were at Rs5.3 trillion o
Updated 12 May, 2018 08:41am
Polio drive concludes  
General News

Polio drive concludes  

RAWALPINDI: Health teams have achieved polio vaccination target set for the entire district under a five-day drive which
Published 11 May, 2018 03:32pm
SBP injects Rs460bn into market    
Top News

SBP injects Rs460bn into market    

KARACHI: The State Bank of Pakistan (SBP) on Friday injected Rs 460 billion into money market for ten days as reverse re
Published 11 May, 2018 03:20pm
PM chairs ECC meeting
General News

PM chairs ECC meeting

ISLAMABAD:  Prime Minister Shahid Khaqan Abbasi on Friday chaired the meeting of Economic Coordination Committee (ECC) o
Updated 11 May, 2018 11:10am
Much ado about nothing
Industry

Much ado about nothing

Last year in November, the Supreme Court took suo moto notice of claims that the Katas Raj temple in Kallar Kahar, Punja
Published 11 May, 2018 06:12am
Activities at Karachi and Qasim Ports

Activities at Karachi and Qasim Ports

The Karachi Port handled 88,301 tonnes of cargo comprising 59,053 tonnes of import cargo and 29,248 tonnes of export cargo including 1,938 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday.
Published 11 May, 2018 12:00am
EU rapeseed oil prices rise
Currency

EU rapeseed oil prices rise

EU rapeseed oil asking prices were raised on Tuesday, boosted partly by weakness of the euro, while sluggish demand weighed on Malaysian crude palm oil. Prices for rapeseed oil were raised by 4 euros a tonne as the European currency fell to its lowest lev
Published 11 May, 2018 12:00am
Asian naphtha crack rises, gasoline hits 2-1/2-week low

Asian naphtha crack rises, gasoline hits 2-1/2-week low

Asia's naphtha crack rose for a fourth straight session and hit a near four-month high of $100.55 a tonne on Tuesday helped by persistently strong demand, while supply tightened on low incoming cargoes from the West include Europe and the Mediterranean.
Published 11 May, 2018 12:00am
Canadian canola futures rise

Canadian canola futures rise

ICE Canadian canola futures rose on Tuesday, helped by a weak Canadian dollar and strength in soybean prices. Most-active July canola gained $3.60 to $528.50 per tonne. The new-crop November canola added $2.20 at $518.80 per tonne. ICE Futures Canada repo
Published 11 May, 2018 12:00am
PMEX daily trading report

PMEX daily trading report

On Wednesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,449. The traded value of Metals, Energy and COTS/FX was recorded at 7.926 billion and the number of lots traded was 10,225.
Published 11 May, 2018 12:00am
Message from Ambassador of the Republic of the Philippines

Message from Ambassador of the Republic of the Philippines

On this auspicious occasion, I am honored to convey my warmest felicitations to my fellow Filipinos in Pakistan, along with the Pakistani people, whom we consider as brothers and sisters, who have graciously shared to us their beautiful country and accord
Published 11 May, 2018 12:00am
Message from Honorary Consul-General of the Philippines in Karachi

Message from Honorary Consul-General of the Philippines in Karachi

In 1986, A University in Philippines decided to give scholarship to student in Pakistan in Bachelors of Computer Science and in 1990 the first gold medalist of BS Computer Science graduate landed in Pakistan. Further in 2016-17, Philippines government dec
Published 11 May, 2018 12:00am
The Republic of the Philippines - an introduction

The Republic of the Philippines - an introduction

A typical visitor to Metro Manila commonly sees the Philippines as the most westernized of Asian countries and in many ways, it is. But there is also a rich underlay of Southeast Asian culture beneath the patina of Spanish and American heritage. National
Published 11 May, 2018 12:00am
PharmEvo (Pvt.) Limited: Partnering for healthier society

PharmEvo (Pvt.) Limited: Partnering for healthier society

PharmEvo (Pvt.) Limited is a healthcare company, engaged in the creation, development, manufacture and marketing of pharmaceutical, nutraceuticals and medical devices. PharmEvo (Pvt.) limited develops, formulates and markets high quality generics at its s
Published 11 May, 2018 12:00am
Del Monte Pakistan

Del Monte Pakistan

Del Monte, one of the biggest global food giant offers the farm freshness right at the doorstep. Del Monte Pakistan is no exception and has been winning the hearts of the consumers for years now. They offer variety of freshly produced Pineapples, olives a
Published 11 May, 2018 12:00am
Transformation International Society

Transformation International Society

Initiated about two decades ago, in Canada, the Transformation International Society (TIS) is the product of a vision where accessible and affordable Healthcare, Vocational Training and Education are not a mere concept, but rather a reality benefiting ind
Published 11 May, 2018 12:00am
JOFA International

JOFA International

JOFA Group of Companies JOFA Group is a broader umbrella overlooking a cluster of companies operational in various sectors, including jewelry, diamonds, high value textiles, premium food distribution, executive office construction and armored security ser
Published 11 May, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 11 May, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 11 May, 2018 12:00am
State Bank of Pakistan conversion rates
Currency

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 11 May, 2018 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 11 May, 2018 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 Thursday (May 10, 2018).

Published 11 May, 2018 12:00am
Currency notes: exchange rates
Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Thursday (May 10, 2018).

Published 11 May, 2018 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (May 10, 2018).
Published 11 May, 2018 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (May 10, 2018).

Published 11 May, 2018 12:00am
Israel strikes Iranian targets in Syria after rocket fire

Israel strikes Iranian targets in Syria after rocket fire

Israel said it attacked nearly all of Iran's military infrastructure in Syria on Thursday after Iranian forces fired rockets at Israeli-held territory for the first time in the most extensive military exchange ever between the two adversaries. It was the
Published 11 May, 2018 12:00am
Israel strikes Iranian targets in Syria after rocket fire

Israel strikes Iranian targets in Syria after rocket fire

Israel said it attacked nearly all of Iran's military infrastructure in Syria on Thursday after Iranian forces fired rockets at Israeli-held territory for the first time in the most extensive military exchange ever between the two adversaries. It was the
Published 11 May, 2018 12:00am
Money laundering allegation: Nawaz seeks apology, removal of NAB chief

Money laundering allegation: Nawaz seeks apology, removal of NAB chief

Former Prime Minister Nawaz Sharif on Thursday sought an apology from National Accountability Bureau and demanded resignation of NAB Chairman former Justice Javed Iqbal if the Bureau fails to prove money laundering allegations against him. Referring to NA
Published 11 May, 2018 12:00am
Money laundering allegation: Nawaz seeks apology, removal of NAB chief

Money laundering allegation: Nawaz seeks apology, removal of NAB chief

Former Prime Minister Nawaz Sharif on Thursday sought an apology from National Accountability Bureau and demanded resignation of NAB Chairman former Justice Javed Iqbal if the Bureau fails to prove money laundering allegations against him. Referring to NA
Published 11 May, 2018 12:00am
Ban on recruitments, development work: IHC sets aside ECP's notification

Ban on recruitments, development work: IHC sets aside ECP's notification

Islamabad High Court (IHC) on Thursday set aside a notification of Election Commission of Pakistan (ECP), which banned development work, recruitments and postings in government departments. A divisional bench (DB) of IHC comprising Justice Aamer Farooq an
Published 11 May, 2018 12:00am
Ban on recruitments, development work: IHC sets aside ECP's notification

Ban on recruitments, development work: IHC sets aside ECP's notification

Islamabad High Court (IHC) on Thursday set aside a notification of Election Commission of Pakistan (ECP), which banned development work, recruitments and postings in government departments. A divisional bench (DB) of IHC comprising Justice Aamer Farooq an
Published 11 May, 2018 12:00am
BoE holds rate, cuts growth forecast

BoE holds rate, cuts growth forecast

The Bank of England on Thursday left its key interest rate at 0.50 percent as it slashed the growth forecast for the British economy less than one year before Brexit. The decision met expectations following a raft of gloomy economic data pointing to slowi
Published 11 May, 2018 12:00am
BoE holds rate, cuts growth forecast

BoE holds rate, cuts growth forecast

The Bank of England on Thursday left its key interest rate at 0.50 percent as it slashed the growth forecast for the British economy less than one year before Brexit. The decision met expectations following a raft of gloomy economic data pointing to slowi
Published 11 May, 2018 12:00am
BoE holds rate, cuts growth forecast

BoE holds rate, cuts growth forecast

The Bank of England on Thursday left its key interest rate at 0.50 percent as it slashed the growth forecast for the British economy less than one year before Brexit. The decision met expectations following a raft of gloomy economic data pointing to slowi
Published 11 May, 2018 12:00am
All airlines: Abbasi, other CEOs summoned by SC

All airlines: Abbasi, other CEOs summoned by SC

The Supreme Court on Thursday summoned the chief executive officers (CEOs) of all the airlines of the country, including Prime Minister Shahid Khaqan Abbasi, to appear in-person before the court in Karachi Registry on Saturday.
Published 11 May, 2018 12:00am
All airlines: Abbasi, other CEOs summoned by SC

All airlines: Abbasi, other CEOs summoned by SC

The Supreme Court on Thursday summoned the chief executive officers (CEOs) of all the airlines of the country, including Prime Minister Shahid Khaqan Abbasi, to appear in-person before the court in Karachi Registry on Saturday.
Published 11 May, 2018 12:00am
All airlines: Abbasi, other CEOs summoned by SC

All airlines: Abbasi, other CEOs summoned by SC

The Supreme Court on Thursday summoned the chief executive officers (CEOs) of all the airlines of the country, including Prime Minister Shahid Khaqan Abbasi, to appear in-person before the court in Karachi Registry on Saturday.
Published 11 May, 2018 12:00am
BRIndex100 turns green

BRIndex100 turns green

Pakistan Stock Exchange ended on a positive note on the back of fresh buying by local and foreign investors. BRIndex100 gained 16.01 points or 0.34 percent to close at 4,683.22 points Thursday. BRIndex100 touched intraday high of 4,724.46 and intraday low
Published 11 May, 2018 12:00am
BRIndex100 turns green

BRIndex100 turns green

Pakistan Stock Exchange ended on a positive note on the back of fresh buying by local and foreign investors. BRIndex100 gained 16.01 points or 0.34 percent to close at 4,683.22 points Thursday. BRIndex100 touched intraday high of 4,724.46 and intraday low
Published 11 May, 2018 12:00am
BRIndex100 turns green

BRIndex100 turns green

Pakistan Stock Exchange ended on a positive note on the back of fresh buying by local and foreign investors. BRIndex100 gained 16.01 points or 0.34 percent to close at 4,683.22 points Thursday. BRIndex100 touched intraday high of 4,724.46 and intraday low
Published 11 May, 2018 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 11 May, 2018 12:00am
Sindh unveils 'July 1-September 30' budget
Cotton

Sindh unveils 'July 1-September 30' budget

The Sindh government on Thursday presented a deficit budget with a total outlay of Rs 1.14 trillion for the next fiscal year 2018-19, higher by 9 percent, with no new taxes and sought its authorization for only first three months until September 30, 2018.
Published 11 May, 2018 12:00am
Sindh unveils 'July 1-September 30' budget
Cotton

Sindh unveils 'July 1-September 30' budget

The Sindh government on Thursday presented a deficit budget with a total outlay of Rs 1.14 trillion for the next fiscal year 2018-19, higher by 9 percent, with no new taxes and sought its authorization for only first three months until September 30, 2018.
Published 11 May, 2018 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 11 May, 2018 12:00am
Sindh unveils ''July 1-September 30'' budget
Cotton

Sindh unveils ''July 1-September 30'' budget

The Sindh government on Thursday presented a deficit budget with a total outlay of Rs 1.14 trillion for the next fiscal year 2018-19, higher by 9 percent, with no new taxes and sought its authorization for only first three months until September 30, 2018.
Published 11 May, 2018 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 11 May, 2018 12:00am
Sindh unveils ''''July 1-September 30'''' budget
Cotton

Sindh unveils ''''July 1-September 30'''' budget

The Sindh government on Thursday presented a deficit budget with a total outlay of Rs 1.14 trillion for the next fiscal year 2018-19, higher by 9 percent, with no new taxes and sought its authorization for only first three months until September 30, 2018.
Published 11 May, 2018 12:00am
Rs 282 billion set aside for ADP

Rs 282 billion set aside for ADP

Sindh has allocated Rs 282 billion for Annual Development Plan (ADP) in the financial year 2018-19, compared to Rs 274 billion in the current fiscal year, showing a three percent increase. By including Rs 46.895 billion of foreign projects assistance and
Published 11 May, 2018 12:00am
Rs 282 billion set aside for ADP

Rs 282 billion set aside for ADP

Sindh has allocated Rs 282 billion for Annual Development Plan (ADP) in the financial year 2018-19, compared to Rs 274 billion in the current fiscal year, showing a three percent increase. By including Rs 46.895 billion of foreign projects assistance and
Published 11 May, 2018 12:00am
Rs 282 billion set aside for ADP

Rs 282 billion set aside for ADP

Sindh has allocated Rs 282 billion for Annual Development Plan (ADP) in the financial year 2018-19, compared to Rs 274 billion in the current fiscal year, showing a three percent increase. By including Rs 46.895 billion of foreign projects assistance and
Published 11 May, 2018 12:00am
Our government has achieved all targets: CM

Our government has achieved all targets: CM

Chief Minister Sindh, Syed Murad Ali Shah has claimed that his government has achieved all goals that it had set five years ago. Presenting Sindh budget 2018-19 in the provincial assembly, he said: "We are on the path of progress and ultimate welfare of o
Published 11 May, 2018 12:00am
Our government has achieved all targets: CM

Our government has achieved all targets: CM

Chief Minister Sindh, Syed Murad Ali Shah has claimed that his government has achieved all goals that it had set five years ago. Presenting Sindh budget 2018-19 in the provincial assembly, he said: "We are on the path of progress and ultimate welfare of o
Published 11 May, 2018 12:00am
Five killed in 'US raid' in Somalia

Five killed in 'US raid' in Somalia

Five civilians have been shot dead in an alleged raid involving US forces in southern Somalia, elders said Thursday. Ali Mohamed Moalin, a traditional elder close to Afgoye in Lower Shabelle where the alleged raid took place on Wednesday night, said "two
Published 11 May, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (May 10, 2018).

Published 11 May, 2018 12:00am
Imam dead in South Africa mosque attack, two others injured

Imam dead in South Africa mosque attack, two others injured

Armed attackers struck a mosque outside the South African city of Durban on Thursday, stabbing to death an imam and injuring two others in a country known for its peaceful religious relations. Three men entered the large mosque after midday prayers, carry
Published 11 May, 2018 12:00am
Nigerian diplomat found dead in Sudan capital

Nigerian diplomat found dead in Sudan capital

A Nigerian diplomat has been found dead at his home in Khartoum, Nigeria's government and Sudanese police said Thursday, with the latter investigating what it called a "criminal act". "An employee in the consular section of the Nigerian embassy was found
Published 11 May, 2018 12:00am
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