News Archives for Print - 2019-05-10

Punjab minister visits Ramazan bazaars

Punjab Minister for Industries & Trade Mian Aslam Iqbal on Thursday visited various Ramazan bazaars and checked the availability, quality, prices, weight and arrangements. Provincial Minister suspended the in-charge of Ramazan bazaar Gulshan Ravi Abdul Ra

Published 10 May, 2019 12:00am

Cotton

Ramazan transmission: minister asks TV channels not to air 'indecent' programmes

Minister of State for Parliamentary Affairs Ali Muhammad Khan has urged private channels not to broadcast indecent programmes in the name of Ramazan transmission. During the Question Hour session of National Assembly, the minister said that the Pakistan E

Published 10 May, 2019 12:00am

Senate panel holds second round of talks with PTM delegation

The Senate Special Committee Thursday held its second session with a delegation of Pashtun Tahafuz Movement and sought data of missing persons, arrested PTM workers and those whose names are put on Exit Control List (ECL), so that the matters could be tak

Published 10 May, 2019 12:00am

Three killed, six injured in road mishap

Atleast three persons were killed in a collision between truck, passenger van and car in Kohat, and six sustained injuries on Thursday. The incident occurred on Indus Highway near Muslimabad. According to the police, the van and car rammed into each other

Published 10 May, 2019 12:00am

FPCCI chief voices concern over raise in air fares

President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Engr Daroo Khan Achakzai and leader of Business Community S M Muneer have urged Aviation Minister, Ghulam Sarwar Khan to initiate a regulatory body to monitor air fares and evol

Published 10 May, 2019 12:00am

Al-Azizia Steel Mills case: IHC defers hearing into Nawaz's plea against his conviction

The Islamabad High Court (IHC) Thursday deferred hearing in former Prime Minister Nawaz Sharif's appeal against his conviction in Al-Azizia Steel Mill case. A division bench of IHC comprising Justice Aamer Farooq and Justice Moshin Akhtar Kayani heard for

Published 10 May, 2019 12:00am

Senate informed: no political leader except Shibli, Qamar met IMF country head

Minister of State for Revenue, Hammad Azhar Thursday informed the Senate that not a single political leader except Leader of the House in Senate Shibli Faraz and PPP's Naveed Qamar came to meet with the IMF country head as he wanted to meet political part

Published 10 May, 2019 12:00am

Lahore blast: death toll rises to 11

The death toll from Wednesday's suicide blast outside the Data Darbar shrine rose to 11, as another injured police official succumbed to his injuries Thursday. The victim Police cop Saddam Hussain, who was a resident of Kasur, sustained injuries in the bl

Published 10 May, 2019 12:00am

Foreign investment: Qureshi for effective economic diplomacy

Foreign Minister Shah Mehmood Qureshi has stressed the need for an effective economic diplomacy to bring foreign investment in the country. Chairing an important meeting at the Foreign Office on Thursday, the foreign minister and other senior officers of

Published 10 May, 2019 12:00am

Liaqat for national unity to meet challenges

Deputy Chief of the Jamaat-e-Islami, Liaqat Baloch, has said that a complete national unity, internal stability and mutual trust was inevitable to meet the challenges facing the country within the country and from outside. He was talking to the families o

Published 10 May, 2019 12:00am

PML-N legislators accuse NA speaker of not allowing them to raise burning issues

Pakistan Muslim League-Nawaz (PML-N) lawmakers on Thursday accused Speaker National Assembly Asad Qaiser of not allowing them to speak during the proceedings of the House on issues like rising inflation and deteriorating economy. Speaking to the media out

Published 10 May, 2019 12:00am

Government should spend on teachers if it wants a better nation: SC

The Supreme Court noted on Thursday that the government should spend on teachers if it wants to have a better nation. The Chief Justice cited Lord Macaulay's quote; "Give me good teacher and I will give you good nation." He said for the attraction of high

Published 10 May, 2019 12:00am

'Pakistan to get advanced technology under CPEC'

Special Economic Zone (SEZ) will enable Pakistan to get foreign capital and advanced technology, said Professor Cheng Xizhong of Southwest University of Political Science and Law. It will also expedite Pakistan towards industrialization and modernization.

Published 10 May, 2019 12:00am

KW&SB links smooth water supply with nonstop power supply

Karachi Water and Sewerage Board (KW&SB) will not be able to ensure equable distribution of water to all parts of Karachi in the holy month of Ramazan should K-Electric fails to ensure uninterrupted power supply to its water distribution stations. Also, t

Published 10 May, 2019 12:00am

IMC bags Customer Service Excellence Award

IMC has won "Outstanding Customer Service Excellence Award" in CSEA 2018. The company has been participating in this programme for the last 11 years and has bagged this prestigious Gold Title for the first time. This programme is hosted every year by Toyo

Published 10 May, 2019 12:00am

Economic growth model: ACCA's budget proposals for 2019-20

ACCA (the "Association of Chartered Certified Accountants") believes that it is time to make radical changes in the approach towards budget and the economic model of Pakistan. We are compelled to think beyond twelve months and take medium to long-term per

Published 10 May, 2019 12:00am

Economic growth model: ACCA's budget proposals for 2019-20

ACCA (the "Association of Chartered Certified Accountants") believes that it is time to make radical changes in the approach towards budget and the economic model of Pakistan. We are compelled to think beyond twelve months and take medium to long-term per

Published 10 May, 2019 12:00am

Gold import slumps to $11.961 million in 1HFY19

Pakistan's import of gold slumped to $11.961 million in July-Mar 2018-19, which is down by 21 percent, official figures say. Fall in the gold import now stands at $2.955 million in July-Mar 2018-19 from $14.916 million in July-Mar 2017-18, Pakistan Bureau

Published 10 May, 2019 12:00am

The 'challenge' of moon sighting

This is apropos a Business Recorder editorial carried by the newspaper recently. That the issue of moon sighting always causes considerable controversies is a fact. But this issue has acquired a new dimension mainly because of country's science and

Published 10 May, 2019 12:00am

The only way is down: subterranean survival warning

Solutions to the biggest threats facing our planet lie underground, according to experts who insist climate change, overpopulation and food shortages can all be tackled by going subterranean.

Published 10 May, 2019 12:00am

Europe feels powerless as US faces off against Iran

European powers find themselves powerless to head off a looming clash between the United States and Iran, with no influence over Donald Trump's Washington and fading credibility in Tehran.

Published 10 May, 2019 12:00am

Avant-garde budget proposals - I: Growth, taxes & equity

The budget for fiscal year 2019-20, the first of Government of Pakistan Tehreek-i-Insaf (PTI), is expected on May 24, 2019. Every year before the announcement of annual federal budget-which has become an official ritual-plethora of tax proposals are recei

Published 10 May, 2019 12:00am

Return to jail in power show

Former prime minister Nawaz Sharif, returned to Kot Lakhpat Jail late evening on May 7, 2019, after his six weeks bail for medical treatment ran out and his plea for permanent bail and permission to go abroad for treatment was turned down by the Supreme C

Updated 10 May, 2019 06:18am

PSM privatization

According to a Business Recorder exclusive, the government has decided to privatise Pakistan Steel Mills (PSM) in marked contrast to the recommendations made by an experts group set up by the Advisor to the Prime Minister on Industries and Commerc

Updated 10 May, 2019 06:18am

Europeans reject 'ultimatums' from Iran as it eases nuclear curbs

European countries said on Thursday they wanted to preserve Iran's nuclear deal and rejected "ultimatums" from Tehran, after Iran scaled back curbs on its nuclear programme and threatened moves that might breach the pact. Iran announced steps on Wednesday

Published 10 May, 2019 12:00am

Europeans reject 'ultimatums' from Iran as it eases nuclear curbs

European countries said on Thursday they wanted to preserve Iran's nuclear deal and rejected "ultimatums" from Tehran, after Iran scaled back curbs on its nuclear programme and threatened moves that might breach the pact. Iran announced steps on Wednesday

Published 10 May, 2019 12:00am

Military land for commercial purposes: SC rejects compliance report of defence ministry

Supreme Court (SC) on Thursday rejected the compliance report of Defence Ministry regarding the court orders, which put a ban on use of military land for commercial purposes in metropolis. At Karachi Registry, a two-member bench of the SC comprising Justi

Published 10 May, 2019 12:00am

Military land for commercial purposes: SC rejects compliance report of defence ministry

Supreme Court (SC) on Thursday rejected the compliance report of Defence Ministry regarding the court orders, which put a ban on use of military land for commercial purposes in metropolis. At Karachi Registry, a two-member bench of the SC comprising Justi

Published 10 May, 2019 12:00am

US-Taliban talks wrap up in Doha with 'some progress': Taliban

The latest round of US-Taliban talks ended in Qatar on Thursday, an insurgent spokesman said, after "positive and constructive" negotiations that continued even as the Taliban bombed a US-funded aid group in Kabul. Suhail Shaheen, the Taliban's political

Published 10 May, 2019 12:00am

US-Taliban talks wrap up in Doha with 'some progress': Taliban

The latest round of US-Taliban talks ended in Qatar on Thursday, an insurgent spokesman said, after "positive and constructive" negotiations that continued even as the Taliban bombed a US-funded aid group in Kabul. Suhail Shaheen, the Taliban's political

Published 10 May, 2019 12:00am

Italian navy ship rescues 36 migrants

The Italian navy said Thursday one of its ships had rescued 36 migrants in international waters off Libya, raising the likelihood of a new stand-off over which port will take them in.

Published 10 May, 2019 12:00am

Italian navy ship rescues 36 migrants

The Italian navy said Thursday one of its ships had rescued 36 migrants in international waters off Libya, raising the likelihood of a new stand-off over which port will take them in.

Published 10 May, 2019 12:00am

Umar made member NA body on Finance

Former Finance Minister Asad Umar has been made member of National Assembly Standing Committee on Finance here on Wednesday. Asad Umar is likely to become Chairperson of the committee replacing Faiz Ullah MNA from Faisalabad, as the committee is set to el

Published 10 May, 2019 12:00am

Umar made member NA body on Finance

Former Finance Minister Asad Umar has been made member of National Assembly Standing Committee on Finance here on Wednesday. Asad Umar is likely to become Chairperson of the committee replacing Faiz Ullah MNA from Faisalabad, as the committee is set to el

Published 10 May, 2019 12:00am

Fake bank accounts case: NAB asked to provide copies of reference to all accused

The Accountability Court hearing a multibillion rupee fake bank accounts case on Thursday ordered National Accountability Bureau (NAB) to provide copies of the reference to all accused, including former President Asif Ali Zardari and his sister Faryal Tal

Published 10 May, 2019 12:00am

Fake bank accounts case: NAB asked to provide copies of reference to all accused

The Accountability Court hearing a multibillion rupee fake bank accounts case on Thursday ordered National Accountability Bureau (NAB) to provide copies of the reference to all accused, including former President Asif Ali Zardari and his sister Faryal Tal

Published 10 May, 2019 12:00am

PTI leaders challenge party position of Maryam Nawaz

Pakistan Tehreek-e-Insaf (PTI) leaders have challenged the party position of Maryam Nawaz in Pakistan Muslim League-Nawaz (PML-N) before the Election Commission of Pakistan, terming it a violation of election laws. PTI leaders Farrukh Habib, Maleeka Bukha

Published 10 May, 2019 12:00am

PTI leaders challenge party position of Maryam Nawaz

Pakistan Tehreek-e-Insaf (PTI) leaders have challenged the party position of Maryam Nawaz in Pakistan Muslim League-Nawaz (PML-N) before the Election Commission of Pakistan, terming it a violation of election laws. PTI leaders Farrukh Habib, Maleeka Bukha

Published 10 May, 2019 12:00am

SBP''s reserves down over $1.5 billion in April

The State Bank of Pakistan''s foreign exchange reserves fell over $1.5 billion during April due to massive and continued external debt servicing. During the week ending March 29, 2019, the SBP received inflows of RMB 15 billion equivalent to $ 2 billion a

Published 10 May, 2019 12:00am

SBP's reserves down over $1.5 billion in April

The State Bank of Pakistan's foreign exchange reserves fell over $1.5 billion during April due to massive and continued external debt servicing. During the week ending March 29, 2019, the SBP received inflows of RMB 15 billion equivalent to $ 2 billion as

Published 10 May, 2019 12:00am

SBP's reserves down over $1.5 billion in April

The State Bank of Pakistan's foreign exchange reserves fell over $1.5 billion during April due to massive and continued external debt servicing. During the week ending March 29, 2019, the SBP received inflows of RMB 15 billion equivalent to $ 2 billion as

Published 10 May, 2019 12:00am

Saudi Arabia keen to establish cultural centre in Islamabad: envoy

Saudi Ambassador to Pakistan Nawaf Saeed Ahmad Al-Malki Thursday said the Kingdom was keen to establish a cultural centre in Islamabad with a view to strengthen cultural collaboration between the two countries. He expressed these views during a meeting wi

Published 10 May, 2019 12:00am

UK hosts Libyan PM, says no military solution to unrest

British Foreign Secretary Jeremy Hunt said Thursday there can be "no military solution" to unrest in Libya after talks with the North African country's prime minister, Fayez al-Sarraj.

Published 10 May, 2019 12:00am

NA body irked by absence of Hafeez

Finance Committee of the National Assembly Thursday expressed concerns over not being taken in the loop on discussions with the International Monetary Fund (IMF). The chairman and members of the committee were displeased over the absence of Advisor to Pri

Published 10 May, 2019 12:00am

NA body irked by absence of Hafeez

Finance Committee of the National Assembly Thursday expressed concerns over not being taken in the loop on discussions with the International Monetary Fund (IMF). The chairman and members of the committee were displeased over the absence of Advisor to Pri

Published 10 May, 2019 12:00am

Talks with IMF: Specific time-bound structural benchmarks not yet been finalized

Talks with the International Monetary Fund (IMF) mission are continuing, and specific time-bound structural benchmarks have not yet been finalized, so stated a number of senior officials from the finance ministry and federal board of revenue. Media report

Published 10 May, 2019 12:00am

Talks with IMF: Specific time-bound structural benchmarks not yet been finalized

Talks with the International Monetary Fund (IMF) mission are continuing, and specific time-bound structural benchmarks have not yet been finalized, so stated a number of senior officials from the finance ministry and federal board of revenue. Media report

Published 10 May, 2019 12:00am

The Weather

The weather report on Thursday (May 09, 2019) and the forecast for Friday (May 10, 2019).

Published 10 May, 2019 12:00am

Talks with IMF: Specific time-bound structural benchmarks not yet been finalized

Talks with the International Monetary Fund (IMF) mission are continuing, and specific time-bound structural benchmarks have not yet been finalized, so stated a number of senior officials from the finance ministry and federal board of revenue. Media report

Published 10 May, 2019 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (May 09, 2019).

Published 10 May, 2019 12:00am

Privatisation of over 36 PSEs, FIs recommended

The Institutional Reforms Committee headed by Prime Minister''s Advisor on Institutional Reforms and Austerity, Dr. Ishrat Hussain has reportedly recommended privatisation of more than three dozens public sector entities and financial institutions, well-i

Published 10 May, 2019 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (May 09, 2019).

Published 10 May, 2019 12:00am

Privatisation of over 36 PSEs, FIs recommended

The Institutional Reforms Committee headed by Prime Minister's Advisor on Institutional Reforms and Austerity, Dr. Ishrat Hussain has reportedly recommended privatisation of more than three dozens public sector entities and financial institutions, well-in

Published 10 May, 2019 12:00am

LME official prices

The following were Wednesday official prices.

Published 10 May, 2019 12:00am

Privatisation of over 36 PSEs, FIs recommended

The Institutional Reforms Committee headed by Prime Minister's Advisor on Institutional Reforms and Austerity, Dr. Ishrat Hussain has reportedly recommended privatisation of more than three dozens public sector entities and financial institutions, well-in

Published 10 May, 2019 12:00am

LME official prices

The following were Wednesday official prices.

Published 10 May, 2019 12:00am

BRIndex100 edges down

Pakistan Stock Exchange Thursday remained under heavy pressure due to selling by local and foreign investors. BRIndex100 lost 4.54 points or 0.12 percent to close at 3,651.27 points. BRIndex100 touched intraday high of 3,699.74 and intraday low of 3,631.9

Published 10 May, 2019 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (May 09, 2019).

Published 10 May, 2019 12:00am

BRIndex100 edges down

Pakistan Stock Exchange Thursday remained under heavy pressure due to selling by local and foreign investors. BRIndex100 lost 4.54 points or 0.12 percent to close at 3,651.27 points. BRIndex100 touched intraday high of 3,699.74 and intraday low of 3,631.9

Published 10 May, 2019 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (May 09, 2019)

Published 10 May, 2019 12:00am

BRIndex100 edges down

Pakistan Stock Exchange Thursday remained under heavy pressure due to selling by local and foreign investors. BRIndex100 lost 4.54 points or 0.12 percent to close at 3,651.27 points. BRIndex100 touched intraday high of 3,699.74 and intraday low of 3,631.9

Published 10 May, 2019 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Thursday (May 09, 2019).

Published 10 May, 2019 12:00am

FO responds to BJP government's 'water' threat

Pakistan has urged the World Bank to fulfil its responsibility under Indus Water Treaty (IWT) and empanelment court of arbitration for resolution of water disputes with India following Modi government threatened to stop the country's share of water under

Published 10 May, 2019 12:00am

Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (May 09, 2019).

Published 10 May, 2019 12:00am

FO responds to BJP government's 'water' threat

Pakistan has urged the World Bank to fulfil its responsibility under Indus Water Treaty (IWT) and empanelment court of arbitration for resolution of water disputes with India following Modi government threatened to stop the country's share of water under

Published 10 May, 2019 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (May 09, 2019).

Published 10 May, 2019 12:00am

Shabbar Zaidi appointed FBR chairman on honorary basis

The Federal Government has finally appointed Shabbar Zaidi Chairman Federal Board of Revenue (FBR)/ Secretary Revenue Division for two years through a separate summary moved to the cabinet "through circulation" on pro-bono basis, mainly to dispense the co

Published 10 May, 2019 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (May 09, 2019).

Published 10 May, 2019 12:00am

Shabbar Zaidi appointed FBR chairman on honorary basis

The Federal Government has finally appointed Shabbar Zaidi Chairman Federal Board of Revenue (FBR)/ Secretary Revenue Division for two years through a separate summary moved to the cabinet "through circulation" on pro-bono basis, mainly to dispense the co

Published 10 May, 2019 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Thursday (May 09, 2019).

Published 10 May, 2019 12:00am

Shabbar Zaidi appointed FBR chairman on honorary basis

The Federal Government has finally appointed Shabbar Zaidi Chairman Federal Board of Revenue (FBR)/ Secretary Revenue Division for two years through a separate summary moved to the cabinet "through circulation" on pro-bono basis, mainly to dispense the co

Published 10 May, 2019 12:00am

Kerb

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Thursday (May 09, 2019).

Published 10 May, 2019 12:00am

Trump rattles saber at China ahead of make-or-break talks

US President Donald Trump said on Thursday he was taking steps to authorize new tariffs on $325 billion in Chinese imports as officials prepared for last-ditch talks to avert an escalation of a trade war that threatens to derail the global economy.

Published 10 May, 2019 12:00am

Currency

THE RUPEE: falling trend

Declining trend was seen on the money market on Thursday as the rupee failed to keep firm trend versus the dollar in process of trading activity, dealers said. The rupee shed its value against the dollar for buying and selling at Rs 141.39 and Rs 141.40 r

Published 10 May, 2019 12:00am

Trump rattles saber at China ahead of make-or-break talks

US President Donald Trump said on Thursday he was taking steps to authorize new tariffs on $325 billion in Chinese imports as officials prepared for last-ditch talks to avert an escalation of a trade war that threatens to derail the global economy.

Published 10 May, 2019 12:00am

Currency

THE RUPEE: falling trend

Declining trend was seen on the money market on Thursday as the rupee failed to keep firm trend versus the dollar in process of trading activity, dealers said. The rupee shed its value against the dollar for buying and selling at Rs 141.39 and Rs 141.40 r

Published 10 May, 2019 12:00am

Trump rattles saber at China ahead of make-or-break talks

US President Donald Trump said on Thursday he was taking steps to authorize new tariffs on $325 billion in Chinese imports as officials prepared for last-ditch talks to avert an escalation of a trade war that threatens to derail the global economy.

Published 10 May, 2019 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (May 09, 2019).

Published 10 May, 2019 12:00am

Sindh government asked to revive KCR in 'one month'

The Supreme Court directed the Sindh government to revive Karachi Circular Railway (KCR) in one month by removing the encroachments on its tracks in 15 days. At Karachi Registry, two-member bench of the Supreme Court comprised Justice Gulzar Ahmed and Jus

Published 10 May, 2019 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (May 09, 2019).

Published 10 May, 2019 12:00am

Sindh government asked to revive KCR in 'one month'

The Supreme Court directed the Sindh government to revive Karachi Circular Railway (KCR) in one month by removing the encroachments on its tracks in 15 days. At Karachi Registry, two-member bench of the Supreme Court comprised Justice Gulzar Ahmed and Jus

Published 10 May, 2019 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (May 09, 2019).

Published 10 May, 2019 12:00am

Growth target missed by wide margin

The government has missed Gross Domestic Product (GDP) growth set target of 6.2 percent as the country''s GDP growth during the fiscal year 2018-19 remained 3.3 percent. This was revealed in the 101st meeting of the National Accounts Committee (NAC), whic

Published 10 May, 2019 12:00am

Cross Transactions between Client to Client & Financial Institutions

The following were the cross transactions between client to client & financial institutions here on Thursday (May 09, 2019).

Published 10 May, 2019 12:00am

Growth target missed by wide margin

The government has missed Gross Domestic Product (GDP) growth set target of 6.2 percent as the country's GDP growth during the fiscal year 2018-19 remained 3.3 percent. This was revealed in the 101st meeting of the National Accounts Committee (NAC), which

Published 10 May, 2019 12:00am

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Thursday (May 09, 2019)

Published 10 May, 2019 12:00am

Growth target missed by wide margin

The government has missed Gross Domestic Product (GDP) growth set target of 6.2 percent as the country's GDP growth during the fiscal year 2018-19 remained 3.3 percent. This was revealed in the 101st meeting of the National Accounts Committee (NAC), which

Published 10 May, 2019 12:00am

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Thursday (May 09, 2019)

Published 10 May, 2019 12:00am

Government borrows Rs 3.65 trillion in eight months

The present government has borrowed Rs 3,653 billion unprecedentedly during the first eight months of the current fiscal year while depreciation of exchange rate impact added Rs 1,421 billion to the public debt. This was revealed by a senior official of D

Published 10 May, 2019 12:00am

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Thursday (May 09, 2019)

Published 10 May, 2019 12:00am

Government borrows Rs 3.65 trillion in eight months

The present government has borrowed Rs 3,653 billion unprecedentedly during the first eight months of the current fiscal year while depreciation of exchange rate impact added Rs 1,421 billion to the public debt. This was revealed by a senior official of D

Published 10 May, 2019 12:00am

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

National Clearing Company declares daily settlement information for local & foreign investors on Thursday (May 09, 2019).

Published 10 May, 2019 12:00am

Government borrows Rs 3.65 trillion in eight months

The present government has borrowed Rs 3,653 billion unprecedentedly during the first eight months of the current fiscal year while depreciation of exchange rate impact added Rs 1,421 billion to the public debt. This was revealed by a senior official of D

Published 10 May, 2019 12:00am

Cotton

Dates of Closure of Books & Annual General Meetings

Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed on the stock exchanges.

Published 10 May, 2019 12:00am

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 28	293.94

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 28 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 28 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 28 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 28 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 28 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 28 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 28 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 28 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 28 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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