CPEC pivotal for development in Balochistan: PCJCCI

LAHORE, Mar 20 (APP):Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI) President Moazzam Ghurki said on Wednesday that China Pakistan Economic Corridor (CPEC) would bring enormous opportunities to Balochistan and ensure modern development there. Speaking in a think-tank session here at PCJCCI Secretariat, he added that the regional countries, especially Tajikistan and Uzbekistan, would use… Continue reading CPEC pivotal for development in Balochistan: PCJCCI

BankIslami’s Ehad Sukuk II listed on PSX with gong ceremony

  ISLAMABAD, Mar 20 (APP):The Pakistan Stock Exchange (PSX) organized a gong ceremony at the exchange on Wednesday to mark the listing of BankIslami Pakistan Limited’s Islamic financial instrument of Ehad Sukuk II, a fully paid up, rated, perpetual, unsecured, subordinated, non-cumulative and contingent convertible Mudaraba Sukuk. The issue size was of PKR 1,000 million,… Continue reading BankIslami’s Ehad Sukuk II listed on PSX with gong ceremony

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PSX continues with bullish trend, gains 229 points

ISLAMABAD, Mar 20 (APP):The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend for third consecutive day on Wednesday, gaining 229.20 points, a positive change of 0.34 percent, closing at 65,731.79 points against 65,502.60 points the previous trading day. A total of 341,843,546 shares valuing Rs.11.844 billion were traded during the day as… Continue reading PSX continues with bullish trend, gains 229 points

Chicken, eggs prices reach at Rs 420 per kg, Rs 280 per dozen

ISLAMABAD, Mar 20 (APP):The price of poultry chicken reached Rs 420 per kg and the price of poultry eggs reached Rs 280 per dozen in the open market in the twin cities of Islamabad and Rawalpindi. The meat of the poultry chicken has reached Rs 700 to 710 per kg in the open market, according… Continue reading Chicken, eggs prices reach at Rs 420 per kg, Rs 280 per dozen

Gold rates up by Rs.500 to Rs.227,800 per tola

ISLAMABAD, Mar 20 (APP):The per tola price of 24 karat gold witnessed an increase of Rs.500 and was sold at Rs.227,800 on Wednesday compared to its sale at Rs.227,300  on last trading day. The price of 10 grams of 24 karat gold also increased by Rs.429 to Rs.195,302 from Rs. 194,873   whereas the price of… Continue reading Gold rates up by Rs.500 to Rs.227,800 per tola

PSX continues with bullish trend, gains 229 points

ISLAMABAD, Mar 20 (APP): The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend for third consecutive day on Wednesday, gaining 229.20 points, a positive change of 0.34 percent, closing at 65,731.79 points against 65,502.60 points the previous trading day. A total of 341,843,546 shares valuing Rs.11.844 billion were traded during the day… Continue reading PSX continues with bullish trend, gains 229 points

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KPT shipping movements report

KARACHI, Mar 20 (APP): Following were the Movements of Ships at Karachi Port Trust (KPT) during last hours, ending at 0700 hours on Wednesday. SHIPS BERTHED: Xin Ningbo Container Ship X-Press SalweenContainer Ship Ningbo Express Container Ship Ince AnadoluWheat XT ProsperityTanker SHIPS SAILED: M.T Mardan Seapower II Oscar 1 Yangze 8 Blue Phoenix EXPECTED SAILING:… Continue reading KPT shipping movements report

Shipping Activity at Port Qasim

KARACHI, Mar 20 (APP):Four ships namely, MSC Shy, Tethis-7, Kano and Log Sparta, carrying Container, Palm oil, LNG and Mogas, berthed at Container Terminal, Liquid Terminal, Gasport Terminal and FOTCO Terminal respectively on Tuesday. Meanwhile four more ships, Maersk Kinloss, Maersk Cabo Verde, Forshun and Gas-Chem Leda carrying Container, Palm oil and Chemicals also arrived… Continue reading Shipping Activity at Port Qasim

Kerb currency market

KARACHI, Mar 20 (APP):Following were the Opening Rates of foreign currencies in kerb market issued by the Exchange companies Association of Pakistan, here on Wednesday. F.C.                         BUYING        SELLING INTER BANK                   278.70     … Continue reading Kerb currency market

Exchange rates for currency notes

KARACHI, Mar 20 (APP): CURRENCY SELLING BUYING USD 281.89275.81 GBP 358.60 350.86 EUR 306.40 300.32 JPY 1.86331.8230 SAR 75.17 73.54 AED 76.77 75.09 LIBOR LIBOR FOR CALCULATING INTEREST ON SPECIAL USD BONDS LIBOR 1M 5.44323 LIBOR 3M 5.59412 LIBOR 6M 5.70340 US DOLLAR Indicative FBP Rates CURRENCY SIGHT/ 15 DAYS1M2M 3M4M 5M 6M USD278.02277.49276.06274.22271.60269.22267.11 EUR… Continue reading Exchange rates for currency notes

Pakistan, China agree to advance collaboration, emphasize CPEC monitization

ISLAMABAD, Mar 19 (APP): Pakistan and China here on Tuesday agreed to advance their collaboration in various sectors, including industrial zones, agriculture, mineral and mining, as well as renewable energy. According to press statement issued by finance ministry, Ambassador of China, Jiang Zaidong called on Minister for Finance & Revenue Mr. Muhammad Aurangzeb to discuss… Continue reading Pakistan, China agree to advance collaboration, emphasize CPEC monitization

Commerce Minister briefs on tariff reforms

ISLAMABAD, Mar 19 (APP):Federal Minister for Commerce, Jam Kamal Khan chaired a meeting on Tuesday at the Ministry of Commerce during which he was briefed on tarrif reforms and rationalization. The meeting was also attended by the Secretary,  Mr. Khurram Agha and key officials from the Ministry. The Minister was briefed on the tariff reforms and… Continue reading Commerce Minister briefs on tariff reforms

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