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Archive - 2018-05-25
Lyon ATP results - 1st update
Sports

Lyon ATP results - 1st update

LYON: Results from the ATP Lyon Open on Friday (x denotes seeded player): Semi-finals Gilles Simon (FRA) bt Camero
Published 25 May, 2018 03:43pm
Bullion prices on Friday
General News

Bullion prices on Friday

KARACHI: Following were the Bullion Prices in Karachi on Friday. (per 10 gram) Gold Tezabi 24 CT Rs. 49468.00 S
Published 25 May, 2018 02:52pm
SBP injects Rs200bn into market
Top News

SBP injects Rs200bn into market

KARACHI: State Bank of Pakistan on Friday injected Rs 200 billion into money market for seven days as reverse repo purch
Published 25 May, 2018 01:27pm
SBP hikes main policy rate to 6.50 percent
Pakistan Top News

SBP hikes main policy rate to 6.50 percent

ISLAMABAD: State Bank of Pakistan (SBP) on Friday hiked rates by 50 basis points to 6.5 percent, amid growing concerns a
Published 25 May, 2018 11:57am
Senate approves FATA-KP merger bill
Pakistan Top News

Senate approves FATA-KP merger bill

The 31st Amendment Bill for the merger of Federally Administered Tribal Areas (Fata) with Khyber-Pakhtunkhwa (KP) wa
Published 25 May, 2018 09:25am
Business confidence wanes
Miscellaneous

Business confidence wanes

Businesses do not appear too chuffed about the prospects – as the confidence has taken a dip. In the post-dharna scenari
Published 25 May, 2018 06:09am
CPEC: carrying on
Miscellaneous

CPEC: carrying on

Three years since it formally began, the China-Pakistan Economic Corridor (CPEC) remains front and center of economic di
Published 25 May, 2018 05:53am
Cars: Anti-growth prospects
Automobile

Cars: Anti-growth prospects

The 23 percent growth in passenger cars and jeep sales in 10MFY18 was surely refreshing, but it seems this growth in the
Published 25 May, 2018 05:52am
Pakistan to abandon 'smart watches' after ICC probe

Pakistan to abandon 'smart watches' after ICC probe

Pakistan will give up wearing 'smart watches' after being told to ditch them by the International Cricket Council as an anti-corruption measure during the opening day's play of the first Test against England at Lord's on Thursday. Although there is no sug
Published 25 May, 2018 12:00am
NA paves way for Fata to enter mainstream fold

NA paves way for Fata to enter mainstream fold

National Assembly Thursday passed a constitutional amendment to merge Federally Administered Tribal Areas (FATA) with Khyber Pakhtunkhwa province amid opposition by two government allied parties - Jamiat Ulema-e-Islam (Fazl) and Pakhtunkhwa Milli Awami Pa
Published 25 May, 2018 12:00am
NA paves way for Fata to enter mainstream fold

NA paves way for Fata to enter mainstream fold

National Assembly Thursday passed a constitutional amendment to merge Federally Administered Tribal Areas (FATA) with Khyber Pakhtunkhwa province amid opposition by two government allied parties - Jamiat Ulema-e-Islam (Fazl) and Pakhtunkhwa Milli Awami Pa
Published 25 May, 2018 12:00am
BRIndex100 slips in red zone

BRIndex100 slips in red zone

Pakistan Stock Exchange witnessed a bearish trend due to selling in various sectors. BRIndex100 lost 29.47 points or 0.64 percent to close at 4,541.72 points Thursday. BRIndex100 touched intraday high of 4,572.14 and intraday low of 4,530.44 points. Volum
Published 25 May, 2018 12:00am
BRIndex100 slips in red zone

BRIndex100 slips in red zone

Pakistan Stock Exchange witnessed a bearish trend due to selling in various sectors. BRIndex100 lost 29.47 points or 0.64 percent to close at 4,541.72 points Thursday. BRIndex100 touched intraday high of 4,572.14 and intraday low of 4,530.44 points. Volum
Published 25 May, 2018 12:00am
BRIndex100 slips in red zone

BRIndex100 slips in red zone

Pakistan Stock Exchange witnessed a bearish trend due to selling in various sectors. BRIndex100 lost 29.47 points or 0.64 percent to close at 4,541.72 points Thursday. BRIndex100 touched intraday high of 4,572.14 and intraday low of 4,530.44 points. Volum
Published 25 May, 2018 12:00am
Government takes step towards curbing imports

Government takes step towards curbing imports

The Federal Board of Revenue (FBR) has increased additional customs duty from one to two percent on import of goods (7,200 customs tariff lines) from May 24, 2018. The FBR has issued SRO 630 (1)/2018 here on Thursday to double the rate of additional custo
Published 25 May, 2018 12:00am
Government takes step towards curbing imports

Government takes step towards curbing imports

The Federal Board of Revenue (FBR) has increased additional customs duty from one to two percent on import of goods (7,200 customs tariff lines) from May 24, 2018. The FBR has issued SRO 630 (1)/2018 here on Thursday to double the rate of additional custo
Published 25 May, 2018 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 25 May, 2018 12:00am
Government takes step towards curbing imports

Government takes step towards curbing imports

The Federal Board of Revenue (FBR) has increased additional customs duty from one to two percent on import of goods (7,200 customs tariff lines) from May 24, 2018. The FBR has issued SRO 630 (1)/2018 here on Thursday to double the rate of additional custo
Published 25 May, 2018 12:00am
Merkel, Chinese premier defend Iran deal, free trade
Currency

Merkel, Chinese premier defend Iran deal, free trade

German Chancellor Angela Merkel and Chinese Premier Li Keqiang defended the Iran nuclear deal on Thursday, with Li hinting that terminating the pact would complicate negotiations with North Korea. Merkel and Li showed a united front on Iran and free trade
Published 25 May, 2018 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 25 May, 2018 12:00am
Merkel, Chinese premier defend Iran deal, free trade
Currency

Merkel, Chinese premier defend Iran deal, free trade

German Chancellor Angela Merkel and Chinese Premier Li Keqiang defended the Iran nuclear deal on Thursday, with Li hinting that terminating the pact would complicate negotiations with North Korea. Merkel and Li showed a united front on Iran and free trade
Published 25 May, 2018 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 25 May, 2018 12:00am
Merkel, Chinese premier defend Iran deal, free trade
Currency

Merkel, Chinese premier defend Iran deal, free trade

German Chancellor Angela Merkel and Chinese Premier Li Keqiang defended the Iran nuclear deal on Thursday, with Li hinting that terminating the pact would complicate negotiations with North Korea. Merkel and Li showed a united front on Iran and free trade
Published 25 May, 2018 12:00am
Merkel, Chinese premier defend Iran deal, free trade
Currency

Merkel, Chinese premier defend Iran deal, free trade

German Chancellor Angela Merkel and Chinese Premier Li Keqiang defended the Iran nuclear deal on Thursday, with Li hinting that terminating the pact would complicate negotiations with North Korea. Merkel and Li showed a united front on Iran and free trade
Published 25 May, 2018 12:00am
Two dead, 20 injured after train smashes into truck in Italy

Two dead, 20 injured after train smashes into truck in Italy

Two people were killed and 20 others injured after a train crashed into a rig truck near the northern Italian city of Turin and derailed, Italian media said Thursday. The incident occurred late Wednesday when the train hit a large truck that had stopped o
Published 25 May, 2018 12:00am
Cuba regrets CIA Bay of Pigs veteran died without trial

Cuba regrets CIA Bay of Pigs veteran died without trial

Havana expressed regret Thursday that a former CIA agent who led a bloody campaign against Fidel Castro had died without ever being brought to justice for "terrorist" crimes against Cuba. Luis Posada Carriles, a Cuban-born veteran of the failed 1961 Bay o
Published 25 May, 2018 12:00am
Ukraine bans Russian news agency

Ukraine bans Russian news agency

Ukraine banned Russia's state-run RIA Novosti news agency on Thursday, a week after detaining one of its journalists in Kiev and accusing him of treason. This decision was not linked to the investigation of RIA's activities in Ukraine, but was part of a n
Published 25 May, 2018 12:00am
Mayor announces Frere Market restoration, renovation

Mayor announces Frere Market restoration, renovation

Karachi Mayor Waseem Akhtar on Thursday asked anti-encroachment department of Karachi Metropolitan Corporation (KMC) to remove encroachments in the city. He instructed the officials to remove those constructions, bus stops, shops, pushcarts, makeshift sta
Published 25 May, 2018 12:00am
Spain's ruling party found guilty in major graft trial

Spain's ruling party found guilty in major graft trial

Spain's ruling conservatives have been found guilty of benefiting from illegal funds in a mega graft trial in which 29 former officials, businessmen and their spouses were also jailed, a court announced Thursday. The case was just one of many graft scanda
Published 25 May, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (May 24, 2018).

Published 25 May, 2018 12:00am
ABC accused of exploitation over Michael Jackson show

ABC accused of exploitation over Michael Jackson show

Michael Jackson's estate has slammed an upcoming television special about the late King of Pop, describing it Wednesday as a "crass and unauthorized" effort to exploit the singer's name. US broadcast network ABC says "The Last Days of Michael Jackson" wil
Published 25 May, 2018 12:00am
FBR issues composition, functions and powers of IOCO

FBR issues composition, functions and powers of IOCO

The Federal Board of Revenue (FBR) has issued composition, functions, jurisdiction and powers of the Directorate General of Input Output Coefficient Organization (IOCO). According to the S.R.O. 646(I)/2018 issued here on Thursday by the FBR, the Board has
Published 25 May, 2018 12:00am
17 missing as cyclone pummels Yemen's Socotra island

17 missing as cyclone pummels Yemen's Socotra island

Seventeen people were missing and hundreds of others evacuated from their homes Thursday after a cyclone hit Socotra, with Yemen's government declaring the island a "disaster province". Yemen's neighbour Oman is preparing for landfall of Cyclone Mekunu on
Published 25 May, 2018 12:00am
Nawaz sends legal notice to NAB chairman

Nawaz sends legal notice to NAB chairman

Former Prime Minister Nawaz Sharif Thursday sent Rs 1 billion legal notice to Chairman National Accountability Bureau (NAB) former Justice Javed Iqbal following allegations of laundering $4.9 billion to India. In the notice, served through his counsel Mun
Published 25 May, 2018 12:00am
THE RUPEE: $ makes further ground
Currency

THE RUPEE: $ makes further ground

On the back of rising demand, the dollar managed to make further ground against the rupee on the money market on Thursday in the process of trading activity, dealers said. The rupee held the almost overnight levels versus the dollar for buying and selling
Published 25 May, 2018 12:00am
Nawaz sends legal notice to NAB chairman

Nawaz sends legal notice to NAB chairman

Former Prime Minister Nawaz Sharif Thursday sent Rs 1 billion legal notice to Chairman National Accountability Bureau (NAB) former Justice Javed Iqbal following allegations of laundering $4.9 billion to India. In the notice, served through his counsel Mun
Published 25 May, 2018 12:00am
THE RUPEE: $ makes further ground
Currency

THE RUPEE: $ makes further ground

On the back of rising demand, the dollar managed to make further ground against the rupee on the money market on Thursday in the process of trading activity, dealers said. The rupee held the almost overnight levels versus the dollar for buying and selling
Published 25 May, 2018 12:00am
Mob destroys 100-year-old Ahmadi place of worship

Mob destroys 100-year-old Ahmadi place of worship

A mob led by right-wing Muslim clerics tore down the dome and minarets of a 100-year old place of worship belonging to Ahmadi community, officials and the community said on Thursday. Saleemuddin, a spokesman for the Ahmadi community, said a mob stormed th
Published 25 May, 2018 12:00am
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