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Print - 2015-05-06
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (May 05, 2015).

Published 06 May, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (May 05, 2015).

Published 06 May, 2015 12:00am
Around 40 migrants drown in sinking off Italy

Around 40 migrants drown in sinking off Italy

Around 40 migrants died when an inflatable boat carrying more than 100 people sank off the coast of Italy, Save the Children quoted survivors as saying on Tuesday. "They said there were 137 people aboard an inflatable boat that deflated or exploded - it w
Published 06 May, 2015 12:00am
THE RUPEE: mixed patterns

THE RUPEE: mixed patterns

The rupee traded both sides against the dollar on the currency market on Tuesday in the process of trading, dealers said. The rupee continued weakness versus the dollar, declining further three-paisa for buying and selling at Rs 101.78 and Rs 101.80 respe
Published 06 May, 2015 12:00am
Around 40 migrants drown in sinking off Italy

Around 40 migrants drown in sinking off Italy

Around 40 migrants died when an inflatable boat carrying more than 100 people sank off the coast of Italy, Save the Children quoted survivors as saying on Tuesday. "They said there were 137 people aboard an inflatable boat that deflated or exploded - it w
Published 06 May, 2015 12:00am
THE RUPEE: mixed patterns

THE RUPEE: mixed patterns

The rupee traded both sides against the dollar on the currency market on Tuesday in the process of trading, dealers said. The rupee continued weakness versus the dollar, declining further three-paisa for buying and selling at Rs 101.78 and Rs 101.80 respe
Published 06 May, 2015 12:00am
Australian Foreign Minister due today

Australian Foreign Minister due today

Foreign Minister of Australia Julie Bishop will arrive on a two-day official visit here today (Wednesday) to explore the possibilities of enhancing bilateral relations, trade and investment. According to Foreign Office spokesperson Tasnim Aslam, the Austr
Published 06 May, 2015 12:00am
Australian Foreign Minister due today

Australian Foreign Minister due today

Foreign Minister of Australia Julie Bishop will arrive on a two-day official visit here today (Wednesday) to explore the possibilities of enhancing bilateral relations, trade and investment. According to Foreign Office spokesperson Tasnim Aslam, the Austr
Published 06 May, 2015 12:00am
Leaders prepare final push in tight UK election

Leaders prepare final push in tight UK election

Britain's political leaders on Tuesday began a final push for votes ahead of this week's knife-edge general election while preparing for the likelihood of drawn-out negotiations once polls close. Prime Minister David Cameron, whose Conservatives are neck
Published 06 May, 2015 12:00am
ISE index down by 10.84 points

ISE index down by 10.84 points

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) on Tuesday, where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 10.84 points as the ISE Ten Index moved from 3,671.45
Published 06 May, 2015 12:00am
ISE index down by 10.84 points

ISE index down by 10.84 points

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) on Tuesday, where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 10.84 points as the ISE Ten Index moved from 3,671.45
Published 06 May, 2015 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (May 05, 2015).

Published 06 May, 2015 12:00am
LSE index further declines by 8.53 points

LSE index further declines by 8.53 points

Shares on Tuesday swung to and fro on the Lahore Stock Exchange and finally settled in negative zone amid a sluggish trading trend. The LSE-25 index further declined by 8.53 points to close at 5595.89 against 5604.42 of Monday while the transaction volume
Published 06 May, 2015 12:00am
LSE index further declines by 8.53 points

LSE index further declines by 8.53 points

Shares on Tuesday swung to and fro on the Lahore Stock Exchange and finally settled in negative zone amid a sluggish trading trend. The LSE-25 index further declined by 8.53 points to close at 5595.89 against 5604.42 of Monday while the transaction volume
Published 06 May, 2015 12:00am
India to sign port deal with Iran

India to sign port deal with Iran

India will push ahead this week with plans to build a port in south-east Iran, two sources said, with Prime Minister Narendra Modi keen to develop trade ties with Central Asia and prepared to fend off US pressure not to rush into any deals with Iran. Indi
Published 06 May, 2015 12:00am
India to sign port deal with Iran

India to sign port deal with Iran

India will push ahead this week with plans to build a port in south-east Iran, two sources said, with Prime Minister Narendra Modi keen to develop trade ties with Central Asia and prepared to fend off US pressure not to rush into any deals with Iran. Indi
Published 06 May, 2015 12:00am
Modi to make first visit to China

Modi to make first visit to China

Indian Prime Minister Narendra Modi will make his first visit to China next week, seeking to overcome strains between the nuclear-armed rivals over a border dispute and Beijing's growing regional clout. Modi will meet with China's leaders during the three
Published 06 May, 2015 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 06 May, 2015 12:00am
Modi to make first visit to China

Modi to make first visit to China

Indian Prime Minister Narendra Modi will make his first visit to China next week, seeking to overcome strains between the nuclear-armed rivals over a border dispute and Beijing's growing regional clout. Modi will meet with China's leaders during the three
Published 06 May, 2015 12:00am
Karachi situation: There's visible improvement: Nawaz

Karachi situation: There's visible improvement: Nawaz

The law and order situation in Karachi has improved and cases of extortion and kidnappings for ransom have significantly reduced. Prime Minister Nawaz Sharif said Tuesday after inaugurating the country's first 100MW solar power plant in Bahawalpur. He sai
Published 06 May, 2015 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 06 May, 2015 12:00am
Karachi situation: There's visible improvement: Nawaz

Karachi situation: There's visible improvement: Nawaz

The law and order situation in Karachi has improved and cases of extortion and kidnappings for ransom have significantly reduced. Prime Minister Nawaz Sharif said Tuesday after inaugurating the country's first 100MW solar power plant in Bahawalpur. He sai
Published 06 May, 2015 12:00am
Terrorism in country: Army takes serious notice of RAW's involvement

Terrorism in country: Army takes serious notice of RAW's involvement

A Corps Commanders' Conference on Tuesday took a serious notice of Indian intelligence agency RAW's involvement in whipping up terrorism in Pakistan. Chief of Army Staff (COAS) General Raheel Sharif presided over the Conference held here at the General He
Published 06 May, 2015 12:00am
Terrorism in country: Army takes serious notice of RAW's involvement

Terrorism in country: Army takes serious notice of RAW's involvement

A Corps Commanders' Conference on Tuesday took a serious notice of Indian intelligence agency RAW's involvement in whipping up terrorism in Pakistan. Chief of Army Staff (COAS) General Raheel Sharif presided over the Conference held here at the General He
Published 06 May, 2015 12:00am
Fehmida flays CM, defends husband

Fehmida flays CM, defends husband

Pakistan People's Party (PPP) MNA Fehmida Mirza finally broke her silence on Tuesday, charging the Sindh chief minister with the responsibility of Badin situation and called the federation to appoint powerful IG and chief secretary in Sindh. Addressing a
Published 06 May, 2015 12:00am
Fehmida flays CM, defends husband

Fehmida flays CM, defends husband

Pakistan People's Party (PPP) MNA Fehmida Mirza finally broke her silence on Tuesday, charging the Sindh chief minister with the responsibility of Badin situation and called the federation to appoint powerful IG and chief secretary in Sindh. Addressing a
Published 06 May, 2015 12:00am
Budget to be presented on June 5

Budget to be presented on June 5

The government plans to present annual budget 20015-16 on June 5 and summon a joint session of parliament on June 4, reliable sources in Ministry of Finance disclosed to this correspondent. Pakistan People''s Party leader Syed Naveed Qamar also confirmed
Published 06 May, 2015 12:00am
Budget to be presented on June 5

Budget to be presented on June 5

The government plans to present annual budget 20015-16 on June 5 and summon a joint session of parliament on June 4, reliable sources in Ministry of Finance disclosed to this correspondent. Pakistan People's Party leader Syed Naveed Qamar also confirmed t
Published 06 May, 2015 12:00am
Budget to be presented on June 5

Budget to be presented on June 5

The government plans to present annual budget 20015-16 on June 5 and summon a joint session of parliament on June 4, reliable sources in Ministry of Finance disclosed to this correspondent. Pakistan People's Party leader Syed Naveed Qamar also confirmed t
Published 06 May, 2015 12:00am
BRIndex30 sheds 236.11 points

BRIndex30 sheds 236.11 points

On Tuesday, BRIndex30 opened at 20,268.21 points. It touched an intraday high of 20,279.56 points and an intraday low of 19,882.36 points and closed at 20,032.10 points which was -236.11 points or -1.16 percent lower than previous close. Total volume was
Published 06 May, 2015 12:00am
BRIndex30 sheds 236.11 points

BRIndex30 sheds 236.11 points

On Tuesday, BRIndex30 opened at 20,268.21 points. It touched an intraday high of 20,279.56 points and an intraday low of 19,882.36 points and closed at 20,032.10 points which was -236.11 points or -1.16 percent lower than previous close. Total volume was
Published 06 May, 2015 12:00am
Equities extend losses

Equities extend losses

Karachi Stock Exchange (KSE) Tuesday closed lower following institutional profit-taking in select stocks across-the-board. The benchmark KSE-100 index lost 190 points to close at 33,533 points down from 33,723 points Monday. Ahsan Mehanti of Arif Habib Se
Published 06 May, 2015 12:00am
Equities extend losses

Equities extend losses

Karachi Stock Exchange (KSE) Tuesday closed lower following institutional profit-taking in select stocks across-the-board. The benchmark KSE-100 index lost 190 points to close at 33,533 points down from 33,723 points Monday. Ahsan Mehanti of Arif Habib Se
Published 06 May, 2015 12:00am
Equities extend losses

Equities extend losses

Karachi Stock Exchange (KSE) Tuesday closed lower following institutional profit-taking in select stocks across-the-board. The benchmark KSE-100 index lost 190 points to close at 33,533 points down from 33,723 points Monday. Ahsan Mehanti of Arif Habib Se
Published 06 May, 2015 12:00am
Jordan war games: Pakistanis among international troops suit up

Jordan war games: Pakistanis among international troops suit up

Thousands of soldiers from 18 countries took part Tuesday in military drills in Jordan jointly overseen by the US army, officials said. Around 10,000 troops are participating in Jordan's fifth "Eager Lion" annual war games, which will last for two weeks.
Published 06 May, 2015 12:00am
Jordan war games: Pakistanis among international troops suit up

Jordan war games: Pakistanis among international troops suit up

Thousands of soldiers from 18 countries took part Tuesday in military drills in Jordan jointly overseen by the US army, officials said. Around 10,000 troops are participating in Jordan's fifth "Eager Lion" annual war games, which will last for two weeks.
Published 06 May, 2015 12:00am
Saudi king warns of Iran threat, rebels hit border town

Saudi king warns of Iran threat, rebels hit border town

Saudi Arabia's King Salman on Tuesday urged his fellow Gulf leaders to stand up to Iran, as Yemeni rebels backed by Tehran bombarded a Saudi border city. Salman's call came at a summit of Gulf monarchs in Riyadh also attended by French President Francois
Published 06 May, 2015 12:00am
Saudi king warns of Iran threat, rebels hit border town

Saudi king warns of Iran threat, rebels hit border town

Saudi Arabia's King Salman on Tuesday urged his fellow Gulf leaders to stand up to Iran, as Yemeni rebels backed by Tehran bombarded a Saudi border city. Salman's call came at a summit of Gulf monarchs in Riyadh also attended by French President Francois
Published 06 May, 2015 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (May 05, 2015).

Published 06 May, 2015 12:00am
Power receivables cross historic Rs 600 billion mark

Power receivables cross historic Rs 600 billion mark

Pakistan Electric Power Company (Pepco) has blamed stakeholders for the current massive loadshedding as receivables against different sectors have crossed Rs 600 billion mark for the first time, well informed sources told Business Recorder. "As the
Published 06 May, 2015 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (May 05, 2015).
Published 06 May, 2015 12:00am
Power receivables cross historic Rs 600 billion mark

Power receivables cross historic Rs 600 billion mark

Pakistan Electric Power Company (Pepco) has blamed stakeholders for the current massive loadshedding as receivables against different sectors have crossed Rs 600 billion mark for the first time, well informed sources told Business Recorder. "As the
Published 06 May, 2015 12:00am
Power receivables cross historic Rs 600 billion mark

Power receivables cross historic Rs 600 billion mark

Pakistan Electric Power Company (Pepco) has blamed stakeholders for the current massive loadshedding as receivables against different sectors have crossed Rs 600 billion mark for the first time, well informed sources told Business Recorder. "As the
Published 06 May, 2015 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 (May 05, 2015).

Published 06 May, 2015 12:00am
Solar power to cost more

Solar power to cost more

The much-talked about Pakistan Solar Park''s electricity will reportedly cost the consumers Rs 21 per unit, more expensive than the electricity being generated through furnace oil. However, some power sector experts maintain that per unit price of solar p
Published 06 May, 2015 12:00am
Solar power to cost more

Solar power to cost more

The much-talked about Pakistan Solar Park's electricity will reportedly cost the consumers Rs 21 per unit, more expensive than the electricity being generated through furnace oil. However, some power sector experts maintain that per unit price of solar po
Published 06 May, 2015 12:00am
Solar power to cost more

Solar power to cost more

The much-talked about Pakistan Solar Park's electricity will reportedly cost the consumers Rs 21 per unit, more expensive than the electricity being generated through furnace oil. However, some power sector experts maintain that per unit price of solar po
Published 06 May, 2015 12:00am
Prime Minister inaugurates 100 megawatts solar power project

Prime Minister inaugurates 100 megawatts solar power project

Prime Minister Nawaz Sharif on Tuesday said his government came into power with a commitment to turn around country''s economy and by 2018 the people would witness major improvement in country''s infrastructure, electricity, gas supply and basic facilitie
Published 06 May, 2015 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 (May 05, 2015).

Published 06 May, 2015 12:00am
Prime Minister inaugurates 100 megawatts solar power project

Prime Minister inaugurates 100 megawatts solar power project

Prime Minister Nawaz Sharif on Tuesday said his government came into power with a commitment to turn around country's economy and by 2018 the people would witness major improvement in country's infrastructure, electricity, gas supply and basic facilities.
Published 06 May, 2015 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 (May 05, 2015).

Published 06 May, 2015 12:00am
Prime Minister inaugurates 100 megawatts solar power project

Prime Minister inaugurates 100 megawatts solar power project

Prime Minister Nawaz Sharif on Tuesday said his government came into power with a commitment to turn around country's economy and by 2018 the people would witness major improvement in country's infrastructure, electricity, gas supply and basic facilities.
Published 06 May, 2015 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 (May 05, 2015).

Published 06 May, 2015 12:00am
S&P raises Pakistan's outlook, forecasts higher growth

S&P raises Pakistan's outlook, forecasts higher growth

Standard and Poor''''s on Tuesday revised Pakistan''''s credit rating outlook from stable to positive and forecast higher GDP growth for 2015 to 2017, amid a stint of economic reforms. In a statement, the agency said the country had made significant progr
Published 06 May, 2015 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 06 May, 2015 12:00am
S&P raises Pakistan''s outlook, forecasts higher growth

S&P raises Pakistan''s outlook, forecasts higher growth

Standard and Poor''s on Tuesday revised Pakistan''s credit rating outlook from stable to positive and forecast higher GDP growth for 2015 to 2017, amid a stint of economic reforms. In a statement, the agency said the country had made significant progress
Published 06 May, 2015 12:00am
State Bank of Pakistan conversion rates

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 06 May, 2015 12:00am
S&P raises Pakistan's outlook, forecasts higher growth

S&P raises Pakistan's outlook, forecasts higher growth

Standard and Poor's on Tuesday revised Pakistan's credit rating outlook from stable to positive and forecast higher GDP growth for 2015 to 2017, amid a stint of economic reforms. In a statement, the agency said the country had made significant progress in
Published 06 May, 2015 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 06 May, 2015 12:00am
S&P raises Pakistan's outlook, forecasts higher growth

S&P raises Pakistan's outlook, forecasts higher growth

Standard and Poor's on Tuesday revised Pakistan's credit rating outlook from stable to positive and forecast higher GDP growth for 2015 to 2017, amid a stint of economic reforms. In a statement, the agency said the country had made significant progress in
Published 06 May, 2015 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 06 May, 2015 12:00am
Insurance Day Cricket Championship 2015

Insurance Day Cricket Championship 2015

The IAP organises Super Final Match every year between the finalists of Karachi and Lahore based members teams in connection with celebrations of Insurance Day. This year Super Final was played (yesterday) on 5th May 2015 at Vital Five Club, DHA College G
Published 06 May, 2015 12:00am
IGI Insurance serving you since 1953

IGI Insurance serving you since 1953

Established in 1953, IGI Insurance (KSE: IGIL, ISE: IGIIL) is a listed general insurance company and a flagship enterprise of the Packages Group. Headquartered in Karachi, IGI is the largest insurance company by market capitalisation with offices in 7 cit
Published 06 May, 2015 12:00am
EFU Life - A pioneer in innovative financial planning solutions

EFU Life - A pioneer in innovative financial planning solutions

EFU Life, the leading private life insurance provider in Pakistan, operates under the umbrella of EFU Group which also has EFU General, the largest general insurance company & EFU-Allianz Health, the only specialised health insurance Company in Pakistan.
Published 06 May, 2015 12:00am
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