EFU Pension Growth Fund Rates on Thursday (June 05, 2014).

The increase in Gas Infrastructure Development Cess (GIDC) for fuel stock component of fertiliser sector would have a price impact of around Rs 60-70 per 50-kg urea bag. In order to enhance revenue collection, under the budgetary measurers, the federal go

EFU Pension Growth Fund Rates on Thursday (June 05, 2014).

The increase in Gas Infrastructure Development Cess (GIDC) for fuel stock component of fertiliser sector would have a price impact of around Rs 60-70 per 50-kg urea bag. In order to enhance revenue collection, under the budgetary measurers, the federal go

EFU Pension Growth Fund Rates on Thursday (June 05, 2014).

On Thursday, BRIndex30 opened at 17,321.39. It touched an intraday high of 17,548.10 and an intraday low of 17,055.94 and closed at 17,128.02, which was -193.37 points or -1.12 percent lower than previous close. Total volume was 171,775,700, which was 69.

EFU Managed Growth Fund Rates on Thursday (June 05, 2014).

On Thursday, BRIndex30 opened at 17,321.39. It touched an intraday high of 17,548.10 and an intraday low of 17,055.94 and closed at 17,128.02, which was -193.37 points or -1.12 percent lower than previous close. Total volume was 171,775,700, which was 69.

EFU Managed Growth Fund Rates on Thursday (June 05, 2014).

Stocks edged lower on Karachi Stock Exchange Thursday as investors trimmed their positions amid a poor law and order situation in the city. The benchmark KSE-100 index shed 35 points to close at 29,417.20 points against 29,452.23 points Wednesday. Samar I

EFU Managed Growth Fund Rates on Thursday (June 05, 2014).

Stocks edged lower on Karachi Stock Exchange Thursday as investors trimmed their positions amid a poor law and order situation in the city. The benchmark KSE-100 index shed 35 points to close at 29,417.20 points against 29,452.23 points Wednesday. Samar I

JLI Yaqeen Growth Fund Rates on Thursday (June 05, 2014).

Stocks edged lower on Karachi Stock Exchange Thursday as investors trimmed their positions amid a poor law and order situation in the city. The benchmark KSE-100 index shed 35 points to close at 29,417.20 points against 29,452.23 points Wednesday. Samar I

JLI Yaqeen Growth Fund Rates on Thursday (June 05, 2014).

Prime Minister Muhammad Nawaz Sharif on Thursday approved the National Health Insurance Scheme for the poor in Pakistan. The Prime Minister chaired a meeting to give in principle approval to launch the Health Insurance Program that will cover, in phases,

JLI Yaqeen Growth Fund Rates on Thursday (June 05, 2014).

Prime Minister Muhammad Nawaz Sharif on Thursday approved the National Health Insurance Scheme for the poor in Pakistan. The Prime Minister chaired a meeting to give in principle approval to launch the Health Insurance Program that will cover, in phases,

JLI Meeseq Fund Rates on Thursday (June 05, 2014).

Prime Minister Muhammad Nawaz Sharif on Thursday approved the National Health Insurance Scheme for the poor in Pakistan. The Prime Minister chaired a meeting to give in principle approval to launch the Health Insurance Program that will cover, in phases,

JLI Meeseq Fund Rates on Thursday (June 05, 2014).

Minister for Information and Broadcasting Pervez Rashid Thursday said that the government has decided in principle to issue a National Identity Card for Overseas Pakistanis (NICOP) and a passport to Muttahida Qaumi Movement (MQM) chief Altaf Hussain who i

JLI Meeseq Fund Rates on Thursday (June 05, 2014).

Minister for Information and Broadcasting Pervez Rashid Thursday said that the government has decided in principle to issue a National Identity Card for Overseas Pakistanis (NICOP) and a passport to Muttahida Qaumi Movement (MQM) chief Altaf Hussain who i

Jubilee Life Insurance Capital Growth Fund Rates on Thursday (June 05, 2014).

Acting Pakistan High Commissioner in London Imran Mirza along with two consular officers on Thursday was granted consular access to Muttahida Quami Movement (MQM) chief Altaf Hussain, who conveyed Prime Minister Nawaz Sharif's good wishes for his health,

Jubilee Life Insurance Capital Growth Fund Rates on Thursday (June 05, 2014).

Acting Pakistan High Commissioner in London Imran Mirza along with two consular officers on Thursday was granted consular access to Muttahida Quami Movement (MQM) chief Altaf Hussain, who conveyed Prime Minister Nawaz Sharif's good wishes for his health,

Jubilee Life Insurance Capital Growth Fund Rates on Thursday (June 05, 2014).

The Islamabad High Court on Thursday ordered registration of an FIR against Jonathan Banks, former station chief Central Intelligence Agency (CIA), over deaths of civilians in US drones attacks. A single -member bench of Justice Shaukat Aziz Siddiqui hear

Jubilee Life Insurance Managed Growth Fund Rates on Thursday (June 05, 2014).

US cotton futures fell for a second day on Thursday as traders and investors looked beyond encouraging weekly sales to focus on cooler weather in the near term in Texas that could boost the crop in the top cotton growing state. The most-active July cotton

Jubilee Life Insurance Managed Growth Fund Rates on Thursday (June 05, 2014).

Shanghai copper prices calmed despite worries about a probe into metals financing at China's third-largest port. "Demand globally is looking pretty good," said analyst Joel Crane at Morgan Stanley in Melbourne. "Obviously in China growth is lower than it

Jubilee Life Insurance Managed Growth Fund Rates on Thursday (June 05, 2014).

Aluminium rose on Thursday as investors bet that material tied up in warehouse backlogs would remain off the market due to extended legal wrangling. Copper dipped after a bank suspended some metals financing due to a Chinese port investigation, prompting

Closing of sterling rates at 1730 GMT - on Thursday (June 05, 2014).

Brent turned slightly higher and US crude oil pared losses on Thursday in choppy trading as the euro and dollar reacted to the European Central Bank's (ECB) interest rate cut. The dollar initially strengthened against the euro after the ECB cut interest r

US treasuries bid yields on Thursday (June 05, 2014).

Tokyo rubber futures ended lower on Thursday, tracking falling oil prices, but firmness in share prices helped prevent rubber from falling significantly, dealers said. The Tokyo Commodity Exchange rubber contract for November delivery dropped 2 yen to set

US treasuries bid yields on Thursday (June 05, 2014).

Thursday's Rotterdam vegetable oil prices at 1600 GMT.

US treasuries bid yields on Thursday (June 05, 2014).

Thursday's Rotterdam vegetable oil prices at 1600 GMT.

US treasuries bid prices on Thursday (June 05, 2014).

US wheat futures edged higher on Wednesday on a round of mild bargain buying following a 10-session losing streak that pushed prices to a three-month low, traders said. "Wheat is due for a bounce, but any rebound may be limited unless some major problems

US treasuries bid prices on Thursday (June 05, 2014).

Malaysian palm oil futures fell on Thursday, giving up gains in early trade to fall in nine out of 10 sessions as worries about dwindling demand and losses in overseas soy markets weighed. The benchmark August contract on the Bursa Malaysia Derivatives Ex

US treasuries bid prices on Thursday (June 05, 2014).

ICE cocoa futures pared gains after tapping a 33-month high on Thursday, as buying dried up after rallying for the past two weeks, while raw sugar quietly eased to a five-week low after falling below a psychological support level. Coffee futures were litt

The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special Drawing Rights (SDR).

Gold slipped on Wednesday as investors fretted over the possibility of an upcoming European Central Bank rate cut and uncertainties over key US jobs data due later this week. "The markets are really in suspended animation ahead of the ECB meeting in parti

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Thursday (June 05, 2014).

Gold was little changed near a four-month low on Thursday but faced a risk of more losses if the European Central Bank (ECB) meets expectations to cut rates, a move that could strengthen the dollar and hurt bullion. Spot gold was flat at $1,243.51 an ounc

London Interbank Offered Rates (LIBOR) on Thursday (June 05, 2014).

Gold jumped 1 percent on Thursday, rising further from this week's four-month low, after the European Central Bank cut interest rates to record lows and its chief Mario Draghi unveiled a package of new stimulus measures. Dealers who had bet against gold i

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (June 05, 2014).

US corn futures dropped for a fourth straight day on Thursday, hitting the lowest point since February, as favourable Midwest crop weather bolstered expectations for a bumper harvest this autumn and triggered fund selling. Soyabean prices fell 1 percent t

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (June 05, 2014).

Gold rose about 1 percent early on Thursday, and seemed headed for its biggest gain in three weeks, after the European Central Bank cut interest rates to record lows and unveiled a package of new stimulus measures. Dealers said the market could gain furth

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Thursday (June 05, 2014).

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Thursday (June 05, 2014).

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Thursday (June 05, 2014).

Interest rates on old and incremental FCY deposits on Thursday (June 05, 2014).

London Interbank Offer Rates on for calculating interest on special US dollar on Thursday (June 05, 2014).

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Thursday (June 05, 2014).

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Thursday (June 05, 2014).

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Thursday (June 05, 2014).

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

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

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

Karachi interbank rates on Thursday (June 05, 2014).

The fluctuations observed during the day:

The fluctuations observed during the day:

All timings are in PST (Pakistan Standard Time).

Google announced Wednesday it would open a centre for tech start-ups in Warsaw in 2015, marking the IT giant's third such Campus after similar spaces in London and Tel Aviv. The 1,800-square-metre (19,500-square-foot) centre will open in the first half of

Supermarket group Tesco, Britain's biggest retailer, on Wednesday posted sliding first-quarter sales, hit by intense competition from foreign-owned outlets and restructuring costs. Tesco continues to faces fierce competition from British supermarket rival

Australia boasted its fastest growth in two years last quarter as exports surged by the most since 1999, though the long-awaited revival may have already been endangered by a government crusade for fiscal rectitude. The year certainly started well enough,

Bangladeshi Prime Minister Sheikh Hasina is likely to seek Chinese funding to build a deep sea port in the Bay of Bengal when she visits Beijing later this week, officials said Wednesday. The proposed port on Sonadia Island off Bangladesh's south-east coa

US computer chip giant Intel declared its faith in the future of the personal computer Tuesday, in a landscape increasingly dominated by super-slim tablets and mobiles. Speaking in Taiwan on the first day of Computex, Asia's largest tech show, new Intel p

Facebook agreed Tuesday to buy the Finnish-based tech start-up Pryte, which enables smartphone users to purchase mobile data on demand, the companies announced.

ALTERNATE CORPORATE TAX (ACT): A concept of ACT has been introduced. Under this concept of taxation, which is prevalent in many other jurisdictions including USA and India, the minimum tax liability in case of a company is higher of tax on accounting inco

ALTERNATE CORPORATE TAX (ACT): A concept of ACT has been introduced. Under this concept of taxation, which is prevalent in many other jurisdictions including USA and India, the minimum tax liability in case of a company is higher of tax on accounting inco

ALTERNATE CORPORATE TAX (ACT): A concept of ACT has been introduced. Under this concept of taxation, which is prevalent in many other jurisdictions including USA and India, the minimum tax liability in case of a company is higher of tax on accounting inco

US FOB Gulf soyabean basis offers fell for old-crop loadings for the second straight day with lower processor bids and increased competition from South America feeding the pressure, traders said on Wednesday. FOB corn basis offers were unchanged while whe

Jordan's state grain buyer has issued two international tenders to purchase 100,000 tonnes of hard milling wheat and 100,000 tonnes of animal feed barley, both to be sourced from optional origins, European traders said on Thursday. Tender deadline for the

The Karachi Port handled 122,943 tonnes of cargo comprising 73,485 tonnes of import cargo and 49,458 tonnes of export cargo including 6,457 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday. The total import cargo of 73

Deliveries were unchanged on the forward cottonseeds oilcake market on Thursday in the process of trading, dealers said. The July contract closed at Rs 1752.80 and it opened the session with no change in the morning session, they said. The July vaida ende

Most of the participants were on the sideline on the cotton market on Thursday due to lack of interest in new deals, dealers said. The official spot rate was unchanged at Rs 6,850, they added. In the ready session, approximately 2000 bales of cotton chang

Thursday saw sluggish trading in the ready cotton market in Karachi following two days of virtual closures in the metropolis because of the Muttahida Qaumi Movement (MQM) leader Altaf Hussain's arrest in London on charges of money laundering. Current cott

Thursday saw sluggish trading in the ready cotton market in Karachi following two days of virtual closures in the metropolis because of the Muttahida Qaumi Movement (MQM) leader Altaf Hussain's arrest in London on charges of money laundering. Current cott

Mixed patterns were seen on the wholesale grain market on Thursday in the process of trading, dealers said. On the cereals side, Moong Punjab fell sharply by Rs 250 to Rs 11000, Moong Peshawar maintained last closing level at Rs 12500, wheat New Bardan sh

Mining companies in Zimbabwe will still have to cede a majority shareholding to local investors under planned changes to a controversial black-empowerment law, a ruling party spokesman said on Thursday. "It was agreed that where mining is concerned, the s

The Brazilian economy will grow less this year than in 2013, but policymakers remain on their guard to battle high inflation, the central bank said on Thursday, signalling borrowing costs could remain on hold for some time. In the minutes of the central b

A Venezuelan opposition leader has been ordered to stand trial on charges of instigating violence at an anti-government demonstration in February, prosecutors said Thursday. A judge ruled that Leopoldo Lopez, who has been in custody for more than three mo

The board of French BNP Paribas is split over strategy in the face of a likely huge fine by US authorities on charges of sanctions-busting, with the fate of its chief executive on the line, the Wall Street Journal reported on Thursday. The split is also c

Wolseley, the world's biggest distributor of plumbing and heating products, on Tuesday logged flat third-quarter profits, hit by foreign exchange fluctuations. Operational profit rose by just 0.6 percent to £155 million ($260 million, 190 million euros) i

Wolseley, the world's biggest distributor of plumbing and heating products, on Tuesday logged flat third-quarter profits, hit by foreign exchange fluctuations. Operational profit rose by just 0.6 percent to £155 million ($260 million, 190 million euros) i

Deutsche Bank, Germany's biggest lender, said on Thursday the 300 million new shares it is issuing in its planned capital hike will be issued at 22.50 euros each. The issue is intended to raise nearly 7.0 billion euros ($9.5 billion) to strengthen the bal

Finland is in its longest recession for two decades, official data showed on Thursday, the same day as the ECB announced interest rate cuts to stimulate the European economy. Finland's output contracted by 0.4 percent in the first quarter, which was the e