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May 18, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2017-05-16
LHC reserves verdict

LHC reserves verdict

The Lahore High Court (LHC) Monday reserved its verdict on a petition seeking an inquiry into privatisation of Muslim Commercial Bank by National Accountability Bureau (NAB). Mian Mansha and others had filed petitions, saying that privatisation of MCB was
Published 16 May, 2017 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (May 15, 2017)

Published 16 May, 2017 12:00am
LHC reserves verdict

LHC reserves verdict

The Lahore High Court (LHC) Monday reserved its verdict on a petition seeking an inquiry into privatisation of Muslim Commercial Bank by National Accountability Bureau (NAB). Mian Mansha and others had filed petitions, saying that privatisation of MCB was
Published 16 May, 2017 12:00am
LHC reserves verdict

LHC reserves verdict

The Lahore High Court (LHC) Monday reserved its verdict on a petition seeking an inquiry into privatisation of Muslim Commercial Bank by National Accountability Bureau (NAB). Mian Mansha and others had filed petitions, saying that privatisation of MCB was
Published 16 May, 2017 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (May 15, 2017).

Published 16 May, 2017 12:00am
LHC reserves verdict

LHC reserves verdict

The Lahore High Court (LHC) Monday reserved its verdict on a petition seeking an inquiry into privatisation of Muslim Commercial Bank by National Accountability Bureau (NAB). Mian Mansha and others had filed petitions, saying that privatisation of MCB was
Published 16 May, 2017 12:00am
Water releases regulations changed by Irsa
Cotton

Water releases regulations changed by Irsa

Indus River System Authority (Irsa) has changed water releases regulations after increase in level of Tarbela from 65,000 cusecs to 100,000 cusecs with immediate effect. According to Irsa spokesman Rana Khalid, Irsa is now providing 90,000 cusecs to Punja
Published 16 May, 2017 12:00am
Water releases regulations changed by Irsa
Cotton

Water releases regulations changed by Irsa

Indus River System Authority (Irsa) has changed water releases regulations after increase in level of Tarbela from 65,000 cusecs to 100,000 cusecs with immediate effect. According to Irsa spokesman Rana Khalid, Irsa is now providing 90,000 cusecs to Punja
Published 16 May, 2017 12:00am
Water releases regulations changed by Irsa
Cotton

Water releases regulations changed by Irsa

Indus River System Authority (Irsa) has changed water releases regulations after increase in level of Tarbela from 65,000 cusecs to 100,000 cusecs with immediate effect. According to Irsa spokesman Rana Khalid, Irsa is now providing 90,000 cusecs to Punja
Published 16 May, 2017 12:00am
Saudi Arabia, Russia push to extend oil output cut until March 2018

Saudi Arabia, Russia push to extend oil output cut until March 2018

Saudi Arabia and Russia, the world''s top two oil producers, agreed on Monday on the need to extend output cuts for a further nine months until March 2018 to rein in a global crude glut, pushing up prices. Saudi Energy Minister Khalid al-Falih and his Rus
Published 16 May, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (May 15, 2017).

Published 16 May, 2017 12:00am
Saudi Arabia, Russia push to extend oil output cut until March 2018

Saudi Arabia, Russia push to extend oil output cut until March 2018

Saudi Arabia and Russia, the world's top two oil producers, agreed on Monday on the need to extend output cuts for a further nine months until March 2018 to rein in a global crude glut, pushing up prices. Saudi Energy Minister Khalid al-Falih and his Russ
Published 16 May, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (May 15, 2017).

Published 16 May, 2017 12:00am
Saudi Arabia, Russia push to extend oil output cut until March 2018

Saudi Arabia, Russia push to extend oil output cut until March 2018

Saudi Arabia and Russia, the world's top two oil producers, agreed on Monday on the need to extend output cuts for a further nine months until March 2018 to rein in a global crude glut, pushing up prices. Saudi Energy Minister Khalid al-Falih and his Russ
Published 16 May, 2017 12:00am
Cyberattacks ease after global pushback, Putin points finger at US

Cyberattacks ease after global pushback, Putin points finger at US

The world''s biggest ransomware attack levelled off on Monday after wreaking havoc in 150 countries, as Russian President Vladimir Putin called it payback for the US intelligence services. Microsoft''s president and chief legal officer Brad Smith has said
Published 16 May, 2017 12:00am
Cyberattacks ease after global pushback, Putin points finger at US

Cyberattacks ease after global pushback, Putin points finger at US

The world's biggest ransomware attack levelled off on Monday after wreaking havoc in 150 countries, as Russian President Vladimir Putin called it payback for the US intelligence services. Microsoft's president and chief legal officer Brad Smith has said t
Published 16 May, 2017 12:00am
THE RUPEE: all-round slides

THE RUPEE: all-round slides

The rupee fell against the major currencies on the money market on Monday in the process of trading activity, dealers said. The rupee shed three paisas versus the dollar for buying and selling at Rs 104.83 and Rs 104.85, they said.
Published 16 May, 2017 12:00am
Cyberattacks ease after global pushback, Putin points finger at US

Cyberattacks ease after global pushback, Putin points finger at US

The world's biggest ransomware attack levelled off on Monday after wreaking havoc in 150 countries, as Russian President Vladimir Putin called it payback for the US intelligence services. Microsoft's president and chief legal officer Brad Smith has said t
Published 16 May, 2017 12:00am
THE RUPEE: all-round slides

THE RUPEE: all-round slides

The rupee fell against the major currencies on the money market on Monday in the process of trading activity, dealers said. The rupee shed three paisas versus the dollar for buying and selling at Rs 104.83 and Rs 104.85, they said.
Published 16 May, 2017 12:00am
Sugar matters to be discussed tomorrow

Sugar matters to be discussed tomorrow

Secretary Industries and Production Khizer Hayat Gondal has convened a meeting of Sugar Advisory Board (SAB) on Wednesday (tomorrow) to review overall stock of sugar and work out exportable surplus, well informed sources in Commerce Ministry told Busin
Published 16 May, 2017 12:00am
Sugar matters to be discussed tomorrow

Sugar matters to be discussed tomorrow

Secretary Industries and Production Khizer Hayat Gondal has convened a meeting of Sugar Advisory Board (SAB) on Wednesday (tomorrow) to review overall stock of sugar and work out exportable surplus, well informed sources in Commerce Ministry told Busin
Published 16 May, 2017 12:00am
Sugar matters to be discussed tomorrow

Sugar matters to be discussed tomorrow

Secretary Industries and Production Khizer Hayat Gondal has convened a meeting of Sugar Advisory Board (SAB) on Wednesday (tomorrow) to review overall stock of sugar and work out exportable surplus, well informed sources in Commerce Ministry told Busin
Published 16 May, 2017 12:00am
PM likely to meet Trump in Saudi Arabia

PM likely to meet Trump in Saudi Arabia

Prime Minister Nawaz Sharif and United States President Donald Trump are likely to hold their first-ever meeting in Saudi Arabia. Prime Minister Nawaz Sharif will arrive in Saudi Arabia on May 20 for the US-Arab-Islamic summit, to be participated by sever
Published 16 May, 2017 12:00am
PM likely to meet Trump in Saudi Arabia

PM likely to meet Trump in Saudi Arabia

Prime Minister Nawaz Sharif and United States President Donald Trump are likely to hold their first-ever meeting in Saudi Arabia. Prime Minister Nawaz Sharif will arrive in Saudi Arabia on May 20 for the US-Arab-Islamic summit, to be participated by sever
Published 16 May, 2017 12:00am
Ephedrine quota case: arrest warrants for Musa Gilani issued

Ephedrine quota case: arrest warrants for Musa Gilani issued

Special Court for Narcotics Control on Monday issued arrest warrants for Ali Musa Gilani, son of former Prime Minister Yousaf Raza Gilani, in ephedrine quota case. A single-member bench comprising Irum Niazi heard the case and summoned Ali Musa on the nex
Published 16 May, 2017 12:00am
Ephedrine quota case: arrest warrants for Musa Gilani issued

Ephedrine quota case: arrest warrants for Musa Gilani issued

Special Court for Narcotics Control on Monday issued arrest warrants for Ali Musa Gilani, son of former Prime Minister Yousaf Raza Gilani, in ephedrine quota case. A single-member bench comprising Irum Niazi heard the case and summoned Ali Musa on the nex
Published 16 May, 2017 12:00am
Panama JIT seeks services of British audit firm
Exchange

Panama JIT seeks services of British audit firm

The joint investigation team (JIT) constituted to implement the Supreme Court''s verdict in Panama Papers case has decided to obtain services of a British audit firm, besides seeking record of Sharif''s family tax returns from Federal Board of Revenue (FB
Published 16 May, 2017 12:00am
Panama JIT seeks services of British audit firm
Exchange

Panama JIT seeks services of British audit firm

The joint investigation team (JIT) constituted to implement the Supreme Court's verdict in Panama Papers case has decided to obtain services of a British audit firm, besides seeking record of Sharif's family tax returns from Federal Board of Revenue (FBR)
Published 16 May, 2017 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 16 May, 2017 12:00am
Panama JIT seeks services of British audit firm
Exchange

Panama JIT seeks services of British audit firm

The joint investigation team (JIT) constituted to implement the Supreme Court's verdict in Panama Papers case has decided to obtain services of a British audit firm, besides seeking record of Sharif's family tax returns from Federal Board of Revenue (FBR)
Published 16 May, 2017 12:00am
Board Meetings
Exchange

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 16 May, 2017 12:00am
Pakistan, China plan to modernise vital railway link

Pakistan, China plan to modernise vital railway link

China and Pakistan have agreed to jointly upgrade the 1,600-kilometer railway linking southern and northern Pakistan as part of a move to push forward construction of the China-Pakistan Economic Corridor, a Pakistani special envoy said on Monday, China Da
Published 16 May, 2017 12:00am
Pakistan, China plan to modernise vital railway link

Pakistan, China plan to modernise vital railway link

China and Pakistan have agreed to jointly upgrade the 1,600-kilometer railway linking southern and northern Pakistan as part of a move to push forward construction of the China-Pakistan Economic Corridor, a Pakistani special envoy said on Monday, China Da
Published 16 May, 2017 12:00am
Pakistan, China plan to modernise vital railway link

Pakistan, China plan to modernise vital railway link

China and Pakistan have agreed to jointly upgrade the 1,600-kilometer railway linking southern and northern Pakistan as part of a move to push forward construction of the China-Pakistan Economic Corridor, a Pakistani special envoy said on Monday, China Da
Published 16 May, 2017 12:00am
OBOR can turn tides on terror threats in region: Prime Minister

OBOR can turn tides on terror threats in region: Prime Minister

Prime Minister Nawaz Sharif Monday said China''s One Belt, One Road (OBOR) initiative would help overcome threats of terrorism, refugee movements, food and water security in the region. "I am confident that with OBOR in place, we would be able to turn the
Published 16 May, 2017 12:00am
OBOR can turn tides on terror threats in region: Prime Minister

OBOR can turn tides on terror threats in region: Prime Minister

Prime Minister Nawaz Sharif Monday said China's One Belt, One Road (OBOR) initiative would help overcome threats of terrorism, refugee movements, food and water security in the region. "I am confident that with OBOR in place, we would be able to turn the
Published 16 May, 2017 12:00am
OBOR can turn tides on terror threats in region: Prime Minister

OBOR can turn tides on terror threats in region: Prime Minister

Prime Minister Nawaz Sharif Monday said China's One Belt, One Road (OBOR) initiative would help overcome threats of terrorism, refugee movements, food and water security in the region. "I am confident that with OBOR in place, we would be able to turn the
Published 16 May, 2017 12:00am
Leaders vow to build open Economy

Leaders vow to build open Economy

Chinese President Xi Jinping and 29 other heads of state on Monday reaffirmed their commitment to build an open economy and ensure free and inclusive trade, under the ambitious Belt and Road initiative led by Beijing. As a two-day summit on the project in
Published 16 May, 2017 12:00am
Leaders vow to build open Economy

Leaders vow to build open Economy

Chinese President Xi Jinping and 29 other heads of state on Monday reaffirmed their commitment to build an open economy and ensure free and inclusive trade, under the ambitious Belt and Road initiative led by Beijing. As a two-day summit on the project in
Published 16 May, 2017 12:00am
Leaders vow to build open Economy

Leaders vow to build open Economy

Chinese President Xi Jinping and 29 other heads of state on Monday reaffirmed their commitment to build an open economy and ensure free and inclusive trade, under the ambitious Belt and Road initiative led by Beijing. As a two-day summit on the project in
Published 16 May, 2017 12:00am
BRIndex30 falls 141.86 points

BRIndex30 falls 141.86 points

On Monday, BRIndex30 opened at 27,744.49 points. It touched an intraday high of 27,941.49 points and an intraday low of 27,566.40 points and closed at 27,602.63 points which was -141.86 points or -0.51 percent lower than previous close. Total volume was 1
Published 16 May, 2017 12:00am
BRIndex30 falls 141.86 points

BRIndex30 falls 141.86 points

On Monday, BRIndex30 opened at 27,744.49 points. It touched an intraday high of 27,941.49 points and an intraday low of 27,566.40 points and closed at 27,602.63 points which was -141.86 points or -0.51 percent lower than previous close. Total volume was 1
Published 16 May, 2017 12:00am
E&P sector leads rally
Exchange

E&P sector leads rally

Pakistan Stock Exchange remained bullish ahead of MSCI announcement that it will upgrade Pakistan to Emerging Market Index from Frontier. The E&P sector led the gains. The benchmark KSE-100 index crossed 52,000 psychological level Monday. The index hit 52
Published 16 May, 2017 12:00am
E&P sector leads rally
Exchange

E&P sector leads rally

Pakistan Stock Exchange remained bullish ahead of MSCI announcement that it will upgrade Pakistan to Emerging Market Index from Frontier. The E&P sector led the gains. The benchmark KSE-100 index crossed 52,000 psychological level Monday. The index hit 52
Published 16 May, 2017 12:00am
E&P sector leads rally
Exchange

E&P sector leads rally

Pakistan Stock Exchange remained bullish ahead of MSCI announcement that it will upgrade Pakistan to Emerging Market Index from Frontier. The E&P sector led the gains. The benchmark KSE-100 index crossed 52,000 psychological level Monday. The index hit 52
Published 16 May, 2017 12:00am
Pakistan seeks inadmissibility of Indian plea

Pakistan seeks inadmissibility of Indian plea

Pakistan has contested in the International Court of Justice (ICJ) on Monday that the petition filed by India seeking halt to implementation of death sentence awarded to spy Kulbhushan Jadhav is inadmissible. While delivering arguments in the ICJ, Pakista
Published 16 May, 2017 12:00am
Pakistan seeks inadmissibility of Indian plea

Pakistan seeks inadmissibility of Indian plea

Pakistan has contested in the International Court of Justice (ICJ) on Monday that the petition filed by India seeking halt to implementation of death sentence awarded to spy Kulbhushan Jadhav is inadmissible. While delivering arguments in the ICJ, Pakista
Published 16 May, 2017 12:00am
India appeals to UN court to halt execution of Jadhav

India appeals to UN court to halt execution of Jadhav

India on Monday urged the UN's top court to stop Pakistan executing an Indian national convicted of spying, as Islamabad hit back accusing its rival of "time-wasting and political grandstanding". In an emergency hearing called only days after India lodged
Published 16 May, 2017 12:00am
India appeals to UN court to halt execution of Jadhav

India appeals to UN court to halt execution of Jadhav

India on Monday urged the UN's top court to stop Pakistan executing an Indian national convicted of spying, as Islamabad hit back accusing its rival of "time-wasting and political grandstanding". In an emergency hearing called only days after India lodged
Published 16 May, 2017 12:00am
July-April FDI up 13 percent on Chinese inflows

July-April FDI up 13 percent on Chinese inflows

Foreign Direct Investment (FDI) posted an increase of 13 percent during the first 10 months of this fiscal year (FY17) supported by Chinese investment under the CPEC projects. Economists said although FDI is moving upward and better than previous year, ho
Published 16 May, 2017 12:00am
July-April FDI up 13 percent on Chinese inflows

July-April FDI up 13 percent on Chinese inflows

Foreign Direct Investment (FDI) posted an increase of 13 percent during the first 10 months of this fiscal year (FY17) supported by Chinese investment under the CPEC projects. Economists said although FDI is moving upward and better than previous year, ho
Published 16 May, 2017 12:00am
July-April FDI up 13 percent on Chinese inflows

July-April FDI up 13 percent on Chinese inflows

Foreign Direct Investment (FDI) posted an increase of 13 percent during the first 10 months of this fiscal year (FY17) supported by Chinese investment under the CPEC projects. Economists said although FDI is moving upward and better than previous year, ho
Published 16 May, 2017 12:00am
PM to seek proposals from businesspeople

PM to seek proposals from businesspeople

Commerce Ministry is all set to seek "face to face" export growth proposals from the country''''s "disturbed" business community for the federal budget 2017-18 on Tuesday (today). According to provisional figures of Pakistan Bureau of Statistics (PBS), th
Published 16 May, 2017 12:00am
PM to seek proposals from businesspeople

PM to seek proposals from businesspeople

Commerce Ministry is all set to seek "face to face" export growth proposals from the country''s "disturbed" business community for the federal budget 2017-18 on Tuesday (today). According to provisional figures of Pakistan Bureau of Statistics (PBS), the
Published 16 May, 2017 12:00am
PM to seek proposals from businesspeople

PM to seek proposals from businesspeople

Commerce Ministry is all set to seek "face to face" export growth proposals from the country's "disturbed" business community for the federal budget 2017-18 on Tuesday (today). According to provisional figures of Pakistan Bureau of Statistics (PBS), the c
Published 16 May, 2017 12:00am
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