News Archives for Print - 2015-06-18

MNAs, MPAs meet Punjab chief minister

Members of the National and Provincial Assemblies from various districts met Punjab Chief Minister Shahbaz Sharif on Wednesday to talk about the Ramazan spending. The chief minister claimed that the Punjab government was spending billions of rupees to pro

Published 18 Jun, 2015 12:00am

Cotton

Product diversification a must to win global market: LCCI

President of the Lahore Chamber of Commerce and Industry (LCCI) Ijaz A Mumtaz has said that only market and product diversification can help us to make our way in the global market. While talking to a group of exporters here at the Lahore Chamber on Wedne

Published 18 Jun, 2015 12:00am

Nestle Pakistan marks World Blood Donor Day

Nestlé Pakistan marked the World Blood Donor Day by organising blood donation camps with the Fatimid Foundation for company employees at four locations across Pakistan. The blood donation activity in Lahore, Sheikhupura, Kabirwala and Karachi was conducte

Published 18 Jun, 2015 12:00am

LUMS celebrates 27th Convocation

The 27th convocation ceremony of the Lahore University of Management Sciences took place on Wednesday. The convocation attracted 869 students in this year's graduating class from the Suleman Dawood School of Business, Syed Babar Ali School of Science and

Published 18 Jun, 2015 12:00am

Clearing agents welcome AC verdict in container scam

Zia-ul-Haq Sarhadi, Director, Pakistan Afghanistan Joint Chamber of Commerce & Industry (PAJCCI) and Vice Chairman, All Pakistan Customs Agents Association, Chairman, Frontier Customs Agents Group, Khyber Pakhtunkhwa has termed the verdict of the Accounta

Published 18 Jun, 2015 12:00am

Rs 42 billion allocated to LG governments in budget: KP minister

Khyber Pakhtunkhwa Minister for Information and Higher Education Mushtaq Ahmad Ghani has said that Rs 42 billion have been allocated in the Budget 2015-16 for local bodies' government, due to which the leaders of tripartite alliance in KP have become more

Published 18 Jun, 2015 12:00am

Prime Minister gives Rs 5 million cheque to mountaineer

Prime Minister Muhammad Nawaz Sharif on Wednesday gave away a cheque of Rs 5 million to a Pakistani mountaineer, Hassan Sadpara in recognition of his services for the promotion of mountaineering in Pakistan. Mr Sadpara has climbed all 8000-meter plus peak

Published 18 Jun, 2015 12:00am

'Ramazan Sasta Bazaar' to be established

District administration, Peshawar to establish a 50-stall Ramazan Sasta Bazaar at Chowk Yadgar while free electricity, water and cleanliness facilities will also be provided to stall holders. The bazaar will be inaugurated by Deputy Commissioner (DC), Pes

Published 18 Jun, 2015 12:00am

PAS officer moves SHC against allotment of house to judicial officer

A grade 20 officer of the Pakistan Administrative Service on Wednesday filed a petition in the Islamabad High Court (IHC) against the allotment of his house to a judicial officer. The petitioner Dr Faisal Awan filed the petition through advocate Mohammad

Published 18 Jun, 2015 12:00am

No cash rewards for taxmen facing disciplinary charges: FBR

The Federal Board of Revenue (FBR) will not grant cash rewards to tax officers against whom disciplinary cases or fact-finding inquiry is pending. According to a circular issued by the FBR here on Wednesday, it has been decided that the criteria for grant

Published 18 Jun, 2015 12:00am

Tax exemption on loan income: Pakistani, Chinese authorities yet to develop consensus

Pakistani tax authorities and their Chinese counterpart have yet to develop consensus on tax exemption in case of interest income from the commercial loans by Chinese commercial banks for projects in Pakistan. Sources told Business Recorder here on

Published 18 Jun, 2015 12:00am

Vote rigging charges: We're ready to resign if three-party alliance joins us against Nawaz: Imran

Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan on Wednesday offered conditional resignation of Khyber Pakhtunkhwa government if the three parties alliance in the province join him to force Prime Minister Nawaz Sharif to step down for impartial probe into

Published 18 Jun, 2015 12:00am

Dar meets PBC team

Federal Minister for Finance Senator Mohammad Ishaq Dar met a delegation of the Pakistan Business Council (PBC) here at the Ministry of Finance on Wednesday. The delegation discussed with the finance minister different proposals for the facilitation of th

Published 18 Jun, 2015 12:00am

Body bickers over GIDC

The Senate Special Committee on Gas Infrastructure Development Cess (GIDC) on Wednesday remained divided over the issue of GIDC bill 2015 with opposition senators underscoring the need for referring the matter to Council of Common Interest (CCI). The comm

Published 18 Jun, 2015 12:00am

ROs reject PTI chief's allegations: Anusha

"Be a man and have the courage to appear before the commission and prove all the allegations you're leveling from the top of the container", Anusha dared Khan while talking to reporters outside Supreme Court after attending proceedings of the inquiry comm

Published 18 Jun, 2015 12:00am

GEIC decides to record testimonies of three more ROs

The 2013 General Elections Inquiry Commission (GEIC) on Wednesday decided to record statements of three returning officers of National Assembly constituencies from where Pakistan Muslim League Nawaz (PML-N) candidates Captain Safdar (Retd), Khawaja Saad R

Published 18 Jun, 2015 12:00am

Standard Chartered announces alliance with Shapes Health

Standard Chartered Bank announced an alliance with Shapes Health and Fitness Centre for holders of its premier WorldMiles Credit Card. The offer provides up to 10 free visits to Shapes each month, for cardholders who spend PKR 50,000 or more on their cred

Published 18 Jun, 2015 12:00am

Procedure for disposal of bonus shares unveiled

The Federal Board of Revenue (FBR) has issued detailed procedure for mode and manner of bonus shares disposal. Through S.R.O. 482(1)/2015 issued here on Tuesday, the FBR has proposed amendments to the Income Tax Rules, 2002. The draft has been published f

Published 18 Jun, 2015 12:00am

Tariff commission bill cleared by Senate body

Senate Standing Committee on Commerce headed by Senator Syed Shibli Faraz on Wednesday cleared the National Tariff Commission Bill 2015 unanimously with some amendments proposed by the Senate Members aimed at strengthening the organisation preparing to de

Published 18 Jun, 2015 12:00am

Budget making is an art

This refers to 'the KPK budget' carried by the newspaper yesterday. After the presentation of annual budgets by Punjab and Sindh assemblies, the assemblies of KPK and Balochistan also unveiled their budgets. The newspaper has rightly pointed out, among ot

Published 18 Jun, 2015 12:00am

Water reveals two sides of Myanmar's economic boom

Every morning on his way to work in Yangon, builder Zaw Min Tun takes a swig of water at a Buddhist temple, a vital place to quench a thirst for the many ordinary citizens left behind by Myanmar's economic boom. Bottled water is among the plethora of cons

Published 18 Jun, 2015 12:00am

Becoming an international lawyer

The word 'International lawyer' looks attractive for someone to use it as title. However, to be called an international lawyer one has to have proficiency in more than one language and expertise in business laws applicable in more than one jurisdiction as

Published 18 Jun, 2015 12:00am

VIEW POINT: From reconciliation to confrontation

PPP co-Chairman Asif Ali Zardari's confrontational speech against the Army chief General Raheel Sharif at a party event on Tuesday, completely out of sync with his politics of 'reconciliation', is to become memorable more for its inaptness than anything e

Published 18 Jun, 2015 12:00am

Zardari's outburst

It is uncharacteristic of Asif Ali Zardari to take such a hard line against his opponents, much less against the very heart of the Establishment as he did on Tuesday in his address at an oath-taking ceremony of the newly-elected PPP office-bearers from th

Published 18 Jun, 2015 12:00am

Raise in salaries

The federal and the provincial budgets envisage a dramatic rise in salaries of government employees - to the tune of 7.5 percent in the federal budget though the Senate Standing Committee on Finance was informed by the Ministry of Finance officials that t

Published 18 Jun, 2015 12:00am

Cotton

Cotton dips after strong rally, ahead of export sales report

ICE cotton futures fell in light volume on Wednesday after a sharp rally the prior session, as extensive short-covering on Tuesday left fewer buyers in the market ahead of a weekly US export sales report due on Thursday. "They had levels at which they wan

Published 18 Jun, 2015 12:00am

Shanghai copper falls

The most-traded copper contract on the Shanghai Futures Exchange fell 0.9 percent to 41,810 yuan ($6,735) a tonne on Wednesday, having plumbed a near three-month low. Attention was again focusing on the strength of copper demand from top user China.

Published 18 Jun, 2015 12:00am

Currency

Copper dips, zinc weighed down by stocks

Copper dipped to a three-month low on Wednesday as nervous investors waited for signals on US interest rates and developments in Greek debt talks. Zinc hit a 2-1/2 month low after inventories rose again, raising questions over forecasts for shortages late

Published 18 Jun, 2015 12:00am

Oil lower after EIA data shows gasoline stocks build

Crude oil and refined products futures turned lower on Wednesday in volatile trading after government data showed a surprise gasoline inventory build last week, even as production eased. Concerns about Greece's debt problems and the potential effect on Eu

Published 18 Jun, 2015 12:00am

Rubber steadies

Benchmark Tokyo rubber futures were steady in light trade on Wednesday as investors were split on the market's direction after prices hit a 16-month high earlier this month, and ahead of the outcome of the US Federal Reserve's latest meeting. The Tokyo Co

Published 18 Jun, 2015 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

Wednesday's Rotterdam vegetable oil prices at 1600 GMT.

Published 18 Jun, 2015 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

Wednesday's Rotterdam vegetable oil prices at 1600 GMT.

Published 18 Jun, 2015 12:00am

Soyabeans rally as planting slows

Chicago Board of Trade soyabean futures rose as much as 2.5 percent on Tuesday, supported by the US Department of Agriculture's cut to crop ratings and its report showing planting has fallen behind the typical pace, traders said. Corn futures rose too, fi

Published 18 Jun, 2015 12:00am

Vegetable Oil

Palm oil slips

Malaysian palm oil futures were little changed on Wednesday as investors grew uncertain over the implementation of Indonesian palm levies and whether they could effectively fund biodiesel subsidies in the world's top producer. The regulation will require

Published 18 Jun, 2015 12:00am

Sugar rebounds

Raw sugar futures on ICE bounced higher on Wednesday, after failing to make a new 6-1/2-year low, while cocoa fell back from the prior session's 8-1/2 month high. Robusta coffee was mostly lower, although the spot contract's premium to September sharply e

Published 18 Jun, 2015 12:00am

Gold slips in New York

Gold slipped on Tuesday as the dollar firmed as the US Federal Reserve policy meeting got underway, while a looming Greek crisis failed to trigger sustained demand for safe-haven assets. Spot gold fell 0.4 percent to $1,181.45 an ounce by 2:59 pm EDT (195

Published 18 Jun, 2015 12:00am

Gold under pressure in Asia

Gold added to overnight losses to hover near $1,180 an ounce on Wednesday as investors waited for a Federal Reserve statement for clues on the timing of a US interest rate hike. Spot gold had eased 0.2 percent to $1,179.01 an ounce by 0655 GMT after dippi

Published 18 Jun, 2015 12:00am

Gold down in Europe

Gold edged lower on Wednesday as cautious investors awaited a Federal Reserve statement that could give clues to the timing of a US interest rate increase. Spot gold was down 0.3 percent at $1,178.24 an ounce by 1417 GMT. Platinum fell to its lowest since

Published 18 Jun, 2015 12:00am

US MIDDAY: wheat and soya rise

Chicago Board of Trade soft red winter wheat futures rose 1.2 percent on Wednesday, pulled higher by concerns that rainy weather may delay harvesting of the crop in the US Midwest, traders said. "While heavy rains from Tropical Storm Bill won't impact man

Published 18 Jun, 2015 12:00am

US MIDDAY: gold turns higher

Gold turned higher early on Wednesday, after the Federal Reserve said the US economy is likely strong enough to support an interest rate increase by the end of 2015, causing the dollar to extend losses. The US economy, after contracting in the first quart

Published 18 Jun, 2015 12:00am

Fed keeps rate unchanged; calls US growth ''moderate''

The Federal Reserve left its benchmark interest rate unchanged at near zero Wednesday, while describing US economic growth as "moderate" after the winter slowdown. But predictions made by the individual participants in the Fed''s monetary policy meeting i

Published 18 Jun, 2015 12:00am

Fed keeps rate unchanged; calls US growth 'moderate'

The Federal Reserve left its benchmark interest rate unchanged at near zero Wednesday, while describing US economic growth as "moderate" after the winter slowdown. But predictions made by the individual participants in the Fed's monetary policy meeting in

Published 18 Jun, 2015 12:00am

Fed keeps rate unchanged; calls US growth 'moderate'

The Federal Reserve left its benchmark interest rate unchanged at near zero Wednesday, while describing US economic growth as "moderate" after the winter slowdown. But predictions made by the individual participants in the Fed's monetary policy meeting in

Published 18 Jun, 2015 12:00am

Palestinian split widens as unity government quits

The Palestinian unity government resigned on Wednesday in a deepening rift with Gaza as the blockaded territory's de facto rulers Hamas held separate, indirect talks with Israel. An aide to president Mahmud Abbas said prime minister Rami Hamdallah "handed

Published 18 Jun, 2015 12:00am

Palestinian split widens as unity government quits

The Palestinian unity government resigned on Wednesday in a deepening rift with Gaza as the blockaded territory's de facto rulers Hamas held separate, indirect talks with Israel. An aide to president Mahmud Abbas said prime minister Rami Hamdallah "handed

Published 18 Jun, 2015 12:00am

MoI&P outsourced to influential person?

Ministry of Industries and Production (MoI&P) is said to have been "outsourced" to an influential person engaged in making deals on matters relating to appointments in the Ministry and its more than a dozen attached entities and organisations.

Published 18 Jun, 2015 12:00am

MoI&P outsourced to influential person?

Ministry of Industries and Production (MoI&P) is said to have been "outsourced" to an influential person engaged in making deals on matters relating to appointments in the Ministry and its more than a dozen attached entities and organisations.

Published 18 Jun, 2015 12:00am

MoI&P outsourced to influential person?

Ministry of Industries and Production (MoI&P) is said to have been "outsourced" to an influential person engaged in making deals on matters relating to appointments in the Ministry and its more than a dozen attached entities and organisations.

Published 18 Jun, 2015 12:00am

Rs 243 billion Balochistan budget unveiled

The Balochistan budget for the next financial year with a total outlay of Rs 243 billion rupees was presented in the provincial assembly in Quetta on Wednesday. Opposition political parties boycotted the budget session, terming it ''''anti-masses''''. Pre

Published 18 Jun, 2015 12:00am

Rs 243 billion Balochistan budget unveiled

The Balochistan budget for the next financial year with a total outlay of Rs 243 billion rupees was presented in the provincial assembly in Quetta on Wednesday. Opposition political parties boycotted the budget session, terming it ''anti-masses''. Present

Published 18 Jun, 2015 12:00am

Rs 243 billion Balochistan budget unveiled

The Balochistan budget for the next financial year with a total outlay of Rs 243 billion rupees was presented in the provincial assembly in Quetta on Wednesday. Opposition political parties boycotted the budget session, terming it 'anti-masses'. Presentin

Published 18 Jun, 2015 12:00am

Rs 243 billion Balochistan budget unveiled

The Balochistan budget for the next financial year with a total outlay of Rs 243 billion rupees was presented in the provincial assembly in Quetta on Wednesday. Opposition political parties boycotted the budget session, terming it 'anti-masses'. Presentin

Published 18 Jun, 2015 12:00am

Chief minister Sindh accuses DG Rangers of exceeding powers?

Chief Minister Sindh, Syed Qaim Ali Shah has written a letter to DG Rangers Major General Bilal Akbar over 'exceeding authority' by the paramilitary force in the province. According to reports, a copy of the letter has also been dispatched to the federati

Published 18 Jun, 2015 12:00am

Uzair confesses to have 'killed two witnesses of Benazir Bhutto murder case'

Notorious gangster Uzair Baloch is reportedly in the custody of intelligence agencies (IAs) in Peshawar, a private TVchannel reported citing sources. The TV channel quoted sources as saying that Uzair Baloch is currently held under custody at a triple-sto

Published 18 Jun, 2015 12:00am

ISPR wouldn't respond

The military leadership has decided not to respond to a tirade by Pakistan People's Party (PPP)'s Co-Chairman Asif Ali Zardari, informed sources told this correspondent. The source added that it is not necessary to respond to all verbal attacks as that wo

Published 18 Jun, 2015 12:00am

First Ramazan tomorrow

Chairman, Central Ruet-e-Hilal Committee Mufti Munib-ur-Rehman announced here on Wednesday that the Ramzan-ul-Mubarik moon has not been sighted, therefore the 1st of Ramazan will be on June 19. No evidence of sighting of the moon was received from any par

Published 18 Jun, 2015 12:00am

First Ramazan tomorrow

Chairman, Central Ruet-e-Hilal Committee Mufti Munib-ur-Rehman announced here on Wednesday that the Ramzan-ul-Mubarik moon has not been sighted, therefore the 1st of Ramazan will be on June 19. No evidence of sighting of the moon was received from any par

Published 18 Jun, 2015 12:00am

100 percent RD imposed on import of sugar

Economic Co-ordination Committee (ECC) of the Cabinet on Wednesday increased Regulatory Duty (RD) by 100 per cent (from 20 per cent to 40 per cent) on import of sugar in response to a summary of Commerce Ministry. Commerce Ministry is already facing an in

Published 18 Jun, 2015 12:00am

100 percent RD imposed on import of sugar

Economic Co-ordination Committee (ECC) of the Cabinet on Wednesday increased Regulatory Duty (RD) by 100 per cent (from 20 per cent to 40 per cent) on import of sugar in response to a summary of Commerce Ministry. Commerce Ministry is already facing an in

Published 18 Jun, 2015 12:00am

100 percent RD imposed on import of sugar

Economic Co-ordination Committee (ECC) of the Cabinet on Wednesday increased Regulatory Duty (RD) by 100 per cent (from 20 per cent to 40 per cent) on import of sugar in response to a summary of Commerce Ministry. Commerce Ministry is already facing an in

Published 18 Jun, 2015 12:00am

The Weather

The weather report on Wednesday (June 17, 2015) and the forecast for Thursday (June 18, 2015).

Published 18 Jun, 2015 12:00am

Criticising army to encourage anti-Pakistan elements: Prime Minister

Prime Minister Muhammad Nawaz Sharif Wednesday said that criticising the Armed Forces will encourage those elements, who wanted to put hurdles in the way of development and progress by destabilising the country. He expressed these views during a political

Published 18 Jun, 2015 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (June 17, 2015).

Published 18 Jun, 2015 12:00am

Criticising army to encourage anti-Pakistan elements: Prime Minister

Prime Minister Muhammad Nawaz Sharif Wednesday said that criticising the Armed Forces will encourage those elements, who wanted to put hurdles in the way of development and progress by destabilising the country. He expressed these views during a political

Published 18 Jun, 2015 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (June 17, 2015).

Published 18 Jun, 2015 12:00am

Prime Minister-Zardari meeting 'postponed'

Federal Minister for Information and Broadcasting Pervez Rashid on Wednesday confirmed that Prime Minister (PM) Nawaz Sharif has postponed his meeting with Pakistan People's Party (PPP) Co-chairman Asif Ali Zardari after Zardari's highly controversial spe

Published 18 Jun, 2015 12:00am

LME official prices

The following were Tuesday official prices.

Published 18 Jun, 2015 12:00am

Prime Minister-Zardari meeting 'postponed'

Federal Minister for Information and Broadcasting Pervez Rashid on Wednesday confirmed that Prime Minister (PM) Nawaz Sharif has postponed his meeting with Pakistan People's Party (PPP) Co-chairman Asif Ali Zardari after Zardari's highly controversial spe

Published 18 Jun, 2015 12:00am

LME official prices

The following were Tuesday official prices.

Published 18 Jun, 2015 12:00am

Zardari's anti-army remarks: situation aggravated by PPP CEC

The Central Executive Committee (CEC) of Pakistan People's Party (PPP) put its weight behind Asif Ali Zardari and gave him mandate to talk with the government and contact political leadership of the country over the situation emerging in the wake of his a

Published 18 Jun, 2015 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (June 17, 2015).

Published 18 Jun, 2015 12:00am

Zardari's anti-army remarks: situation aggravated by PPP CEC

The Central Executive Committee (CEC) of Pakistan People's Party (PPP) put its weight behind Asif Ali Zardari and gave him mandate to talk with the government and contact political leadership of the country over the situation emerging in the wake of his a

Published 18 Jun, 2015 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (June 17, 2015)

Published 18 Jun, 2015 12:00am

BRIndex30 up 191.84 points

On Wednesday, BRIndex30 opened at 21,084.57 points and remained positive throughout the trading session. It touched an intraday high of 21,488.26 points and an intraday low of 21,097.32 points and closed at 21,276.41 points which was 191.84 points or 0.91

Published 18 Jun, 2015 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Wednesday (June 17, 2015).

Published 18 Jun, 2015 12:00am

BRIndex30 up 191.84 points

On Wednesday, BRIndex30 opened at 21,084.57 points and remained positive throughout the trading session. It touched an intraday high of 21,488.26 points and an intraday low of 21,097.32 points and closed at 21,276.41 points which was 191.84 points or 0.91

Published 18 Jun, 2015 12:00am

Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (June 17, 2015).

Published 18 Jun, 2015 12:00am

Equities edge down

Institut-ional profit-taking in bluechips kept the Karachi share market bearish Wednesday. The KSE-100 index closed 34 points lower at 34,482.00 compared to 34,516.30 of the previous trading session. Volatility prevailed on the bourse as the benchmark ind

Published 18 Jun, 2015 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (June 17, 2015).

Published 18 Jun, 2015 12:00am

Equities edge down

Institut-ional profit-taking in bluechips kept the Karachi share market bearish Wednesday. The KSE-100 index closed 34 points lower at 34,482.00 compared to 34,516.30 of the previous trading session. Volatility prevailed on the bourse as the benchmark ind

Published 18 Jun, 2015 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (June 17, 2015).

Published 18 Jun, 2015 12:00am

Equities edge down

Institut-ional profit-taking in bluechips kept the Karachi share market bearish Wednesday. The KSE-100 index closed 34 points lower at 34,482.00 compared to 34,516.30 of the previous trading session. Volatility prevailed on the bourse as the benchmark ind

Published 18 Jun, 2015 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Wednesday (June 17, 2015).

Published 18 Jun, 2015 12:00am

Currency

Finance Bill 2015: Senate asks government to withdraw FBR''s powers to access bank accounts

The Senate has recommended National Assembly changes in the Finance Bill (2015) to impose 2.5 percent on investors to regularise their un-declared money; withdraw FBR''s powers to access bank accounts; advance tax on banking transactions with a minimum th

Published 18 Jun, 2015 12:00am

Kerb

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Wednesday (June 17, 2015).

Published 18 Jun, 2015 12:00am

Currency

Finance Bill 2015: Senate asks government to withdraw FBR's powers to access bank accounts

The Senate has recommended National Assembly changes in the Finance Bill (2015) to impose 2.5 percent on investors to regularise their un-declared money; withdraw FBR's powers to access bank accounts; advance tax on banking transactions with a minimum thr

Published 18 Jun, 2015 12:00am

Currency

THE RUPEE: little changes

Slight changes were seen on the money market on Wednesday as the rupee almost managed to hold the overnight levels in process trading, they said. The rupee shed two paisa versus the dollar for buying and selling at Rs 101.78 and Rs 101.80, dealers said.

Published 18 Jun, 2015 12:00am

Currency

Finance Bill 2015: Senate asks government to withdraw FBR's powers to access bank accounts

The Senate has recommended National Assembly changes in the Finance Bill (2015) to impose 2.5 percent on investors to regularise their un-declared money; withdraw FBR's powers to access bank accounts; advance tax on banking transactions with a minimum thr

Published 18 Jun, 2015 12:00am

Currency

THE RUPEE: little changes

Slight changes were seen on the money market on Wednesday as the rupee almost managed to hold the overnight levels in process trading, they said. The rupee shed two paisa versus the dollar for buying and selling at Rs 101.78 and Rs 101.80, dealers said.

Published 18 Jun, 2015 12:00am

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Wednesday (June 17, 2015)

Published 18 Jun, 2015 12:00am

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Wednesday (June 17, 2015)

Published 18 Jun, 2015 12:00am

Mutual Funds

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	158.33
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
India Sensex / Apr 26	73730.16
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Hang Seng / Apr 26	17651.15
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01

Item	Value
Crude Oil USD/Barrel / Apr 26	83.85
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Gold Spot USD/Ounce / Apr 26	2337.96
Cotton US¢/pound / Apr 26	80.90
Petrol/Litre / Apr 27	293.94

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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