The Financial Daily 29-12-2016.Qxd
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www.thefinancialdaily.com Simultaneously published from Karachi and Lahore International Inside Pages: Thursday PTI will establish #2: SHC orders Sindh govt not to remove IG December 29, 2016 govt in Punjab soon, #3: Police arrests prime suspect, accomplice Rabi-ul-Awwal 29 #4: Regulatory bodies Vol#10 Issue# 120 says Tareen #5: Iran rial hits fresh record low Pages 8 Rs 12 See Page# 8 #6: Futures higher after Nasdaq closes at record level KARACHI EDITION Economic Indicators Forex Reserves (16-Dec-16) $23.132bn TOP NEWS::::AZHAR FIRST PAKISTANI TO SCORE A TEST DOUBLE TON IN AUSTRALIA Inflation CPI% (Jul 16-Nov-16) 3.92% Exports (Jul 16 - Nov 16) $8.19bn Imports (Jul 16 - Nov 16) $19.64bn Terrorists include killers of Ismaili community people; Trade Balance (Jul 16 - Nov 16) $(11.78)bn Current A/C (Jul 16-Oct-16) $(1.76)bn Three other terrorists have been awarded imprisonment Remittances (Jul 16-Oct-16) $7.87bn Foreign Invest (Jul 16-Nov-16) $364mn Revenue (Jul 16 - Sep-16) Rs 1,073bn Foreign Debt (Sep 16) $74.64bn Domestic Debt (Sep 16) Rs 14,502bn COAS confirms Repatriated Profit (Jul 16-Nov 16) $802mn LSM Growth (Oct 16) 2.35% GDP Growth FY16 4.70% Per Capita Income FY14 $1,386 Population 193.66mn death sentence to Portfolio Investment SCRA(U.S $ in million) Yearly(Jul, 2016 up to 27-Dec-2016) -364.43 Monthly(Nov, 2016 up to 27-Dec-2016) -353.57 Daily (27-Dec-2016) -26.85 eight terrorists Total Portfolio Invest (16-Dec-2016) 7,755 NCCPL Killers of social workers Sabeen also among sentenced; (U.S $ in million) Kidnappers of two Chinese engineers are also punished FIPI (28-Dec-2016) -5.37 Local Companies (28-Dec-2016) 2.60 RAWALPINDI: Chief of ian for ransom. On the whole, nity travelling in a bus at Banks / DFI (28-Dec-2016) -0.34 Army Staff (COAS) General they were involved in killing of Safoora Chorangi Karachi Mutual Funds (28-Dec-2016) 6.63 Qamar Javed Bajwa 90 persons and injuring 99 oth- which resulted in death of 45 NBFC (28-Dec-2016) 1.90 Wednesday confirmed death ers. passengers and caused injuries Local Investors (28-Dec-2016) 0.51 sentences awarded to another Explosives were also recov- to 6 others. They were also MIANWALI: Prime Minister Muhammad Nawaz Sharif being presented with a plaque by -3.30 Other Organization (28-Dec-2016) eight hardcore terrorists. ered from their possession. involved in killing of a social Chairman Pakistan Atomic Energy Commission during the inauguration of the Chashma Nuclear Global Indices According to a statement These convicts were tried by worker Mst Sabeen Mehmood Power Plant-3, here on Wednesday. - APP photo Index Close Change issued by the Inter-Services military courts. Besides, 3 other at Karachi. KSE 100 47,424.63 504.16 Public Relations (ISPR) the ter- terrorists have been awarded These convicts admitted their Thanks China for coop in nuclear field Nikkei 225 19,401.72 1.34 rorists were involved in imprisonment. offences before the Magistrate Two-state Hang Seng 21,754.74 179.98 heinous offences related to ter- Detail of each case is as and the trial court. They were Sensex 30 26,210.68 2.76 rorism, including killing of under. awarded death sentences. only way to Chashma-3 (C-3) is ADX 4,517.15 83.41 innocent civilians, slaughtering The convicts Hafiz The convict Muslim Khan SSE COMP. 3,102.54 12.12 soldiers of Law Enforcement Muhammad Umar alias Jawad son of Abdul Rasheed was a ME peace, FTSE 100 7,104.76 36.59 a milestone to end *Dow Jones 19,928.07 16.97 Agencies and Armed Forces of son of Afzal Ahmed, Ali spokesman of proscribed *Last Updated 20:00 PST Pakistan. Rehman alias Pano/Tona son of organization. He was involved says Kerry These terrorists include those Asif ur Rehman, Abdul Salam in killing of innocent civilians, GDR update Monitoring Desk who planned and executed alias Tayyab/Rizwan Azeem attacking Armed Forces and load-shedding: PM Symbols $.Price PKR/Shares attack on persons of Ismaili son of Muhammad Nazar ul Law Enforcement Agencies of MIANWALI: Prime Minister said this cooperation is also MCB (1 GDR= 2 Shares) 3.00 157.16 WASHINGTON: US Community at Safoora Islam and Khurram Shafique Pakistan, which resulted in Nawaz Sharif Wednesday beginning of a new era of OGDC (1 GDR= 10 Shares) 14.40 150.87 Secretary of State John Kerry Chowrangi Karachi, wherein alias Abdullah death of 31 persons including described completion of development in the region. UBL (1 GDR= 4 Shares) 6.75 176.80 insisted on Wednesday the only 45 persons died at the spot and Mansoor/Abdullah Mansuri Inspector Sher Ali of police and Chashma-III (C-3) as another The Prime Minister LUCK (1 GDR= 2 Shares) 19.15 501.59 way to secure a lasting peace 6 others got injured. son of Muhammad Shafiq were injuries to 69 others. milestone towards the journey expressed the confidence that HUBC (1 GDR= 25 Shares) 29.81 124.93 between Israel and Palestinians They also include those who members of proscribed organi- He was involved in slaughter- to eliminate the menace of load Chashma-IV nuclear power Money Market Update is to negotiate a two-state solu- shedding from the country. plant would also become oper- killed a social worker Mst zation. ing of Capt Najam Riaz Raja, tion to their conflict. T-Bills (3 Mths) 21-Dec-2016 5.96% Sabeen Mehmood, kidnapped 2 They were involved in attack- Capt Juniad Khan, Naik Shahid Performing inauguration of ational before its deadline of T-Bills (6 Mths) 21-Dec-2016 5.98% Explaining the US decision the plant he said the project is mid next year. He expressed 21-Dec-2016 Chinese Engineers and a civil- ing persons of Ismaili commu- See # 1 Page 7 T-Bills (12 Mths) 6.07% last week not to veto a UN reflective of closer cooperation pleasure that Chashma two and Policy Rate 26-Nov-2016 5.75% Kibor (1 Mth) 28-Dec-2016 6.23% Security Council vote to con- between Pakistan and China in three power plants are most Kibor (3 Mths) 28-Dec-2016 6.12% demn Israeli settlement build- science and technology. He See # 6 Page 7 Kibor (6 Mths) 28-Dec-2016 6.15% ing, Kerry said: "The vote in Kibor (9 Mths) 28-Dec-2016 6.41% CPEC implementation the UN was about preserving Kibor (1 Yr) 28-Dec-2016 6.45% P.I.B (3 Yrs) 28-Dec-2016 6.65% the two-state solution. P.I.B (5 Yrs) 28-Dec-2016 7.50% "That's what we were standing 28-Dec-2016 Govt decides to P.I.B (8.15 Yrs) 8.50% up for: Israel's future as a Jewish P.I.B (15 Yrs) 28-Dec-2016 10.30% shows progress: Xinhua P.I.B (20 Yrs) 28-Dec-2016 10.60% and democratic state, living side- P.I.B (30 Yrs) 28-Dec-2016 11.00% KARACHI: Three years on for local people, the Xinhua by-side in peace and security introduce new PMEX Commodity Index. the China-Pakistan Economic 6th Pakistan, news agency stated in a lengthy with its neighbours," he said. Opening 3,028 Corridor (CPEC), described by news reports in its popular See # 9 Page 7 Closing 3,046 Pakistani Prime Minister Yearender series. Change 18 China JCC anti-terror law Nawaz Sharif as a "game "The China-Pakistan % Change 0.59 Approval of ISLAMABAD: The Ministry up to 90 days. Volume (Lots) 7,492 changer" for the entire region Economic Corridor is building meeting today of Interior has finalised a new POPA became ineffective Commodities here, has entered into full a more amicable bond between arms licences to anti-terrorism law by merging after expiry of its tenure, how- *Crude Oil (brent)$/bbl 56.34 implementation in 2016 and BEIJING: The sixth meeting our two brotherly countries. Protection of Pakistan Act ever, the proposed law will *Crude Oil (WTI)$/bbl 54.06 remarkable progresses have of Pak-China Joint Our friendly cooperation is MNAs, public *Cotton $/lb 69.85 been achieved. Cooperation Committee (JCC) ushering in a golden era for (POPA) and Anti-Terrorism Act have no fix duration. (ATA), sources revealed on Meanwhile, the National *Gold $/ozs 1,137.42 Chinese ambassador to of China-Pakistan Economic greater development," said Sun discussed *Silver $/ozs 15.95 Pakistan Sun Weidong reiterat- Corridor (CPEC) will be held during the ceremony of instal- Wednesday. Assembly Standing Committee The interior ministry is now on Interior and Narcotics Malaysian Palm $ 699 ed on many occasions that 16 in Beijing today (Thursday). lation of a new chandelier at ISLAMABAD: The 30th discussing the legislation with Control met to adopt Criminal *GOLD (PMEX) PKR 42,685 early harvest projects, includ- Minister for Planning and Mazar-e-Quaid, or the meeting of the Standing the Ministry of Law & Justice. law (Amendment) Act 2014 KHI Cotton 40Kg PKR 6,645 Development Ahsan Iqbal will Committee on Interior and ing several power stations, Mausoleum of the Founder of Under the proposed bill, aimed at uplifting penalties for *Last Updated 20:00 PST lead the Pakistan delegation Narcotics Control was held in highways and projects related Pakistan Muhammad Ali investigation agencies will various crimes. Open Mkt Currency Rates while Vice Chairman of Islamabad on Wednesday under to Gwadar Port, are under con- Jinnah, in Karachi on have the power to keep suspect- The amended act proposed to Symbols Buy (Rs) Sell (Rs) National Development and Chairmanship of MNA Rana struction and tens of thousands December 17.