Print - 2014-06-11
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (June 10, 2014).

Published 11 Jun, 2014 12:00am
SBP revises regulations for MFBs

SBP revises regulations for MFBs

The State Bank of Pakistan (SBP) has issued revised Prudential Regulations (PRs) for Microfinance Banks (MFBs) to further improve their governance structure, consumer protection practices and Anti-Money Laundering (AML) policies. Presently, 10 MFBs are pr
Published 11 Jun, 2014 12:00am
Jihadists seize Iraq's second city, Nineveh province

Jihadists seize Iraq's second city, Nineveh province

Jihadists overran Iraq's second city of Mosul, the surrounding Nineveh province and parts of Kirkuk, in a major blow on Tuesday that Washington warned threatens the entire region. Prime Minister Nuri al-Maliki responded by asking parliament to declare a s
Published 11 Jun, 2014 12:00am
Jihadists seize Iraq's second city, Nineveh province

Jihadists seize Iraq's second city, Nineveh province

Jihadists overran Iraq's second city of Mosul, the surrounding Nineveh province and parts of Kirkuk, in a major blow on Tuesday that Washington warned threatens the entire region. Prime Minister Nuri al-Maliki responded by asking parliament to declare a s
Published 11 Jun, 2014 12:00am
EU warns British broker over alleged interest rate rigging
Libor

EU warns British broker over alleged interest rate rigging

The European Commission said on Tuesday it believes British-based broker ICAP may have helped rig interest rates vital for the global financial markets in a global scandal which has cost billions in fines. The Commission, the European Union''s executive a
Published 11 Jun, 2014 12:00am
EU warns British broker over alleged interest rate rigging
Libor

EU warns British broker over alleged interest rate rigging

The European Commission said on Tuesday it believes British-based broker ICAP may have helped rig interest rates vital for the global financial markets in a global scandal which has cost billions in fines. The Commission, the European Union's executive ar
Published 11 Jun, 2014 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 11 Jun, 2014 12:00am
EU warns British broker over alleged interest rate rigging
Libor

EU warns British broker over alleged interest rate rigging

The European Commission said on Tuesday it believes British-based broker ICAP may have helped rig interest rates vital for the global financial markets in a global scandal which has cost billions in fines. The Commission, the European Union's executive ar
Published 11 Jun, 2014 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 11 Jun, 2014 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 11 Jun, 2014 12:00am
Days after politician shot dead, another killed in north India

Days after politician shot dead, another killed in north India

Two men on a motorcycle shot dead on Monday a politician from the ruling party of Indian Prime Minister Narendra Modi in Uttar Pradesh, the second such killing in a week, prompting concern about lawlessness in the northern state. Omveer Singh, a local pol
Published 11 Jun, 2014 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 11 Jun, 2014 12:00am
Days after politician shot dead, another killed in north India

Days after politician shot dead, another killed in north India

Two men on a motorcycle shot dead on Monday a politician from the ruling party of Indian Prime Minister Narendra Modi in Uttar Pradesh, the second such killing in a week, prompting concern about lawlessness in the northern state. Omveer Singh, a local pol
Published 11 Jun, 2014 12:00am
Five US soldiers killed by 'friendly fire' in Afghanistan

Five US soldiers killed by 'friendly fire' in Afghanistan

A Nato air strike in Afghanistan killed five US soldiers in an apparent "friendly fire" accident during clashes with insurgents, officials said Tuesday, as troops try to ensure security for the presidential election. Local police and the Afghan army said
Published 11 Jun, 2014 12:00am
Five US soldiers killed by 'friendly fire' in Afghanistan

Five US soldiers killed by 'friendly fire' in Afghanistan

A Nato air strike in Afghanistan killed five US soldiers in an apparent "friendly fire" accident during clashes with insurgents, officials said Tuesday, as troops try to ensure security for the presidential election. Local police and the Afghan army said
Published 11 Jun, 2014 12:00am
Electoral reforms: Prime Minister for setting up parliamentary body

Electoral reforms: Prime Minister for setting up parliamentary body

Prime Minister Nawaz Sharif on Tuesday proposed setting up a parliamentary committee to finalise recommendations on the electoral reforms and submit its report within three months. In a letter addressed to Speaker National Assembly Sardar Ayaz Sadiq, the
Published 11 Jun, 2014 12:00am
Electoral reforms: Prime Minister for setting up parliamentary body

Electoral reforms: Prime Minister for setting up parliamentary body

Prime Minister Nawaz Sharif on Tuesday proposed setting up a parliamentary committee to finalise recommendations on the electoral reforms and submit its report within three months. In a letter addressed to Speaker National Assembly Sardar Ayaz Sadiq, the
Published 11 Jun, 2014 12:00am
Scientists create 'mini-retina' in lab dish

Scientists create 'mini-retina' in lab dish

In another step towards reversing degenerative vision loss, scientists said Tuesday they had coaxed stem cells into growing into a tiny, light-sensing retina in a lab dish. The study is an important technical feat in using reprogrammed cells, whose discov
Published 11 Jun, 2014 12:00am
'Nawab Khair Bakhsh Marri dies'?

'Nawab Khair Bakhsh Marri dies'?

Veteran Baloch nationalist leader Nawab Khair Baksh Marri has died here on Tuesday. He was admitted in a private hospital of Karachi for few days, according to TV channels. He was 86. Nawab Marri was considered to be the pioneer of nationalist politics in
Published 11 Jun, 2014 12:00am
ISE index sheds 6.99 points

ISE index sheds 6.99 points

Bears retuned in the driving seat at the Islamabad Stock Exchange (ISE) on Tuesday, where losers outclassed gainers amid decrease in index. ISE Ten Index showed a decrease of 6.99 points as the ISE Ten Index moved from 4,470.21 to 4,463.22 points. The ove
Published 11 Jun, 2014 12:00am
ISE index sheds 6.99 points

ISE index sheds 6.99 points

Bears retuned in the driving seat at the Islamabad Stock Exchange (ISE) on Tuesday, where losers outclassed gainers amid decrease in index. ISE Ten Index showed a decrease of 6.99 points as the ISE Ten Index moved from 4,470.21 to 4,463.22 points. The ove
Published 11 Jun, 2014 12:00am
LSE index surges by 142.72 points

LSE index surges by 142.72 points

Equities on Tuesday staged recovery on the Lahore Stock Exchange and registered gains amid bullish sentiments following buyers' interest in select bluechips including oil sector shares. The LSE-25 index was jumped to 5789.79 against 5647.07 of Monday, den
Published 11 Jun, 2014 12:00am
LSE index surges by 142.72 points

LSE index surges by 142.72 points

Equities on Tuesday staged recovery on the Lahore Stock Exchange and registered gains amid bullish sentiments following buyers' interest in select bluechips including oil sector shares. The LSE-25 index was jumped to 5789.79 against 5647.07 of Monday, den
Published 11 Jun, 2014 12:00am
Security forces repel second Taliban attack

Security forces repel second Taliban attack

Taliban gunmen attacked a security post outside Karachi airport on Tuesday, a day after an all-night siege by the militants left 37 dead and extinguished a tentative peace process. The latest assault on the airport raised further questions about the autho
Published 11 Jun, 2014 12:00am
Security forces repel second Taliban attack

Security forces repel second Taliban attack

Taliban gunmen attacked a security post outside Karachi airport on Tuesday, a day after an all-night siege by the militants left 37 dead and extinguished a tentative peace process. The latest assault on the airport raised further questions about the autho
Published 11 Jun, 2014 12:00am
25 militants killed in Tirah Valley air strikes

25 militants killed in Tirah Valley air strikes

At least 25 suspected militants were killed early on Tuesday as F-16 jets bombed militant hideouts in the Tirah valley in Khyber Agency, military sources said. Military jets targeted nine suspected insurgent hideouts in various parts of the Kokikhel area
Published 11 Jun, 2014 12:00am
25 militants killed in Tirah Valley air strikes

25 militants killed in Tirah Valley air strikes

At least 25 suspected militants were killed early on Tuesday as F-16 jets bombed militant hideouts in the Tirah valley in Khyber Agency, military sources said. Military jets targeted nine suspected insurgent hideouts in various parts of the Kokikhel area
Published 11 Jun, 2014 12:00am
Prime Minister reviews law, order situation

Prime Minister reviews law, order situation

Prime Minister Muhammad Nawaz Sharif chaired a high-level meeting to review the law and order situation in country. Matters relating to Internal and regional security including FATA, Karachi and Balochistan were discussed. The meeting was attended by Fede
Published 11 Jun, 2014 12:00am
Prime Minister reviews law, order situation

Prime Minister reviews law, order situation

Prime Minister Muhammad Nawaz Sharif chaired a high-level meeting to review the law and order situation in country. Matters relating to Internal and regional security including FATA, Karachi and Balochistan were discussed. The meeting was attended by Fede
Published 11 Jun, 2014 12:00am
'They were tall and fair': Nisar accuses Sindh of complacency

'They were tall and fair': Nisar accuses Sindh of complacency

The National Assembly on Tuesday unanimously passed two resolutions, condemning terrorist attacks on the Karachi airport and Zaireen (pilgrims) in Taftan. Earlier, in the backdrop of terrorist attacks on airport in Karachi and pilgrims in Taftan Balochist
Published 11 Jun, 2014 12:00am
'They were tall and fair': Nisar accuses Sindh of complacency

'They were tall and fair': Nisar accuses Sindh of complacency

The National Assembly on Tuesday unanimously passed two resolutions, condemning terrorist attacks on the Karachi airport and Zaireen (pilgrims) in Taftan. Earlier, in the backdrop of terrorist attacks on airport in Karachi and pilgrims in Taftan Balochist
Published 11 Jun, 2014 12:00am
US confident of Pakistan's nuke security

US confident of Pakistan's nuke security

The United States has reaffirmed its confidence in the safety of Pakistani nuclear assets following Sunday night's terrorist attack on Karachi's Jinnah International Airport. "We believe the government of Pakistan understands the importance of protecting
Published 11 Jun, 2014 12:00am
US confident of Pakistan's nuke security

US confident of Pakistan's nuke security

The United States has reaffirmed its confidence in the safety of Pakistani nuclear assets following Sunday night's terrorist attack on Karachi's Jinnah International Airport. "We believe the government of Pakistan understands the importance of protecting
Published 11 Jun, 2014 12:00am
Dar criticised for failing to revive wealth tax, raising GIDC

Dar criticised for failing to revive wealth tax, raising GIDC

Finance Minister Ishaq Dar on Tuesday came under strong criticism for his failure to revive the wealth tax and massive increase in Gas Infrastructure Development Cess (GIDC) and Petroleum Levy, amid fears that these measures would further fuel inflationar
Published 11 Jun, 2014 12:00am
Dar criticised for failing to revive wealth tax, raising GIDC

Dar criticised for failing to revive wealth tax, raising GIDC

Finance Minister Ishaq Dar on Tuesday came under strong criticism for his failure to revive the wealth tax and massive increase in Gas Infrastructure Development Cess (GIDC) and Petroleum Levy, amid fears that these measures would further fuel inflationar
Published 11 Jun, 2014 12:00am
Dar criticised for failing to revive wealth tax, raising GIDC

Dar criticised for failing to revive wealth tax, raising GIDC

Finance Minister Ishaq Dar on Tuesday came under strong criticism for his failure to revive the wealth tax and massive increase in Gas Infrastructure Development Cess (GIDC) and Petroleum Levy, amid fears that these measures would further fuel inflationar
Published 11 Jun, 2014 12:00am
BRIndex30 rises by 310.29 points

BRIndex30 rises by 310.29 points

On Tuesday, BRIndex30 opened at 17,185.91 and remained positive throughout the trading session. It touched an intraday high of 17,556.73 and an intraday low of 17,250.03 and closed at 17,496.20, which was 310.29 points or 1.81 percent higher than previous
Published 11 Jun, 2014 12:00am
BRIndex30 rises by 310.29 points

BRIndex30 rises by 310.29 points

On Tuesday, BRIndex30 opened at 17,185.91 and remained positive throughout the trading session. It touched an intraday high of 17,556.73 and an intraday low of 17,250.03 and closed at 17,496.20, which was 310.29 points or 1.81 percent higher than previous
Published 11 Jun, 2014 12:00am
Stocks edge up

Stocks edge up

The stock market closed higher Tuesday and the benchmark KSE-100 index gained 68.20 points to close at 29,540.72 points against 29,472.52 points Monday. During the intraday trading, the index touched 29,641.33 points highest and 29,433.26 points lowest le
Published 11 Jun, 2014 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Tuesday (June 10, 2014).

Published 11 Jun, 2014 12:00am
Stocks edge up

Stocks edge up

The stock market closed higher Tuesday and the benchmark KSE-100 index gained 68.20 points to close at 29,540.72 points against 29,472.52 points Monday. During the intraday trading, the index touched 29,641.33 points highest and 29,433.26 points lowest le
Published 11 Jun, 2014 12:00am
Stocks edge up

Stocks edge up

The stock market closed higher Tuesday and the benchmark KSE-100 index gained 68.20 points to close at 29,540.72 points against 29,472.52 points Monday. During the intraday trading, the index touched 29,641.33 points highest and 29,433.26 points lowest le
Published 11 Jun, 2014 12:00am
UBL transaction: book building process approved by CCoP

UBL transaction: book building process approved by CCoP

Finance Minister Senator Ishaq Dar chaired a meeting of the Cabinet Committee on Privatisation (CCoP) here on Tuesday to consider divestment of government of Pakistan (GOP) residual shares in UBL and transaction structure of Pakistan Petroleum Limited (PP
Published 11 Jun, 2014 12:00am
UBL transaction: book building process approved by CCoP

UBL transaction: book building process approved by CCoP

Finance Minister Senator Ishaq Dar chaired a meeting of the Cabinet Committee on Privatisation (CCoP) here on Tuesday to consider divestment of government of Pakistan (GOP) residual shares in UBL and transaction structure of Pakistan Petroleum Limited (PP
Published 11 Jun, 2014 12:00am
UBL transaction: book building process approved by CCoP

UBL transaction: book building process approved by CCoP

Finance Minister Senator Ishaq Dar chaired a meeting of the Cabinet Committee on Privatisation (CCoP) here on Tuesday to consider divestment of government of Pakistan (GOP) residual shares in UBL and transaction structure of Pakistan Petroleum Limited (PP
Published 11 Jun, 2014 12:00am
Issuance of SROs: no law violated: FBR chief

Issuance of SROs: no law violated: FBR chief

Chairman Federal Board of Revenue (FBR) Tariq Bajwa said that the government did not violate any law for the issuance of statutory regulatory orders (SROs), as the federal government has the legal authority to revise tax rates under Income Tax Ordinance 2
Published 11 Jun, 2014 12:00am
Issuance of SROs: no law violated: FBR chief

Issuance of SROs: no law violated: FBR chief

Chairman Federal Board of Revenue (FBR) Tariq Bajwa said that the government did not violate any law for the issuance of statutory regulatory orders (SROs), as the federal government has the legal authority to revise tax rates under Income Tax Ordinance 2
Published 11 Jun, 2014 12:00am