News Archives for Print - 2014-08-24

The Weather

The weather report on Saturday (August 23, 2014) and the forecast for Sunday (August 24, 2014).

Published 24 Aug, 2014 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (August 23, 2014).

Published 24 Aug, 2014 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (August 23, 2014).

Published 24 Aug, 2014 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (August 23, 2014).

Published 24 Aug, 2014 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (August 23, 2014).

Published 24 Aug, 2014 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (August 23, 2014).

Published 24 Aug, 2014 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (August 23, 2014).

Published 24 Aug, 2014 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (August 23, 2014).

Published 24 Aug, 2014 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (August 23, 2014)

Published 24 Aug, 2014 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Saturday (August 23, 2014).

Published 24 Aug, 2014 12:00am

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (August 23, 2014).

Published 24 Aug, 2014 12:00am

Grain market rates

Karachi grain market rates in rupees on Saturday (August 23, 2014).

Published 24 Aug, 2014 12:00am

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (August 23, 2014).

Published 24 Aug, 2014 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (August 23, 2014).

Published 24 Aug, 2014 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (August 23, 2014).

Published 24 Aug, 2014 12:00am

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Saturday (August 23, 2014).

Published 24 Aug, 2014 12:00am

The rupee managed to gain slightly against the dollar on the currency market at the week-end, dealers said. The rupee picked up 10-paisa versus the dollar for buying and selling at Rs 101.20 and at Rs 101.40 respectively, they said. At the same time, the

Published 24 Aug, 2014 12:00am

THE RUPEE: gains modestly

The rupee managed to gain slightly against the dollar on the currency market at the week-end, dealers said. The rupee picked up 10-paisa versus the dollar for buying and selling at Rs 101.20 and at Rs 101.40 respectively, they said. At the same time, the

Published 24 Aug, 2014 12:00am

Cross Transactions between Client to Client & Financial Institutions

The following were the cross transactions between client to client & financial institutions here on Saturday (August 23, 2014).

Published 24 Aug, 2014 12:00am

Member to Member

The following transactions member to member subsequently reported on Saturday (August 23, 2014).

Published 24 Aug, 2014 12:00am

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended Saturday (August 23, 2014).

Published 24 Aug, 2014 12:00am

Currency values in terms of Special Drawing Rights

The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special Drawing Rights (SDR).

Published 24 Aug, 2014 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Saturday (August 23, 2014).

Published 24 Aug, 2014 12:00am

Aaj TV - Sunday's schedule

All timings are in PST (Pakistan Standard Time).

Published 24 Aug, 2014 12:00am

Indian gold premiums to stay low

Indian gold premiums will average $3-$4 an ounce over London prices this year, roughly half what they were last year, because of continuing restrictions on imports that will soften demand, the head of the country's biggest gold refiner said on Thursday. S

Published 24 Aug, 2014 12:00am

European physical coal prices stay more than $8

European physical coal prices remained much more expensive than other benchmarks on Friday as cool weather and the Ukraine crisis supported the market there while low demand in India and China pulled down South African and Australian prices. The premium o

Published 24 Aug, 2014 12:00am

China to boost exports of semi-finished aluminium products

Chinese producers of semi-finished aluminium products are likely to boost exports in the second half of the year, taking advantage of strong international prices as small customers face tight credit at home, industry sources said. Strong Chinese exports o

Published 24 Aug, 2014 12:00am

Oil cake market rates

The December vaida was lower on the forward cottonseeds oilcake market on Saturday in the process of trading, dealers said. The December contract closed at Rs 1494.20 and it commenced with a fall of 40 paisa at Rs 1493.80, they said. The January vaida end

Published 24 Aug, 2014 12:00am

Cotton market: prices modestly ease on panic selling by ginners

Prices drifted lower on the cotton market on Saturday amid panic selling by ginners, dealers said. The official spot rate failed to sustain overnight gains, shedding Rs 50 to Rs 5,450, they added. In ready session, over 20,000 bales of cotton changed hand

Published 24 Aug, 2014 12:00am

US Midwest soya bids steady to higher

Soyabean processor bids were steady to higher around the US Midwest on Friday as available old-crop soyabean supply remains constrained, dealers said. Soyabean bids rose by 15 cents per bushel at a closely followed processor in Decatur, Illinois. The basi

Published 24 Aug, 2014 12:00am

Asian naphtha crack little changed

The Asian naphtha crack was little changed at $134.73 a tonne on Friday, with ample supplies seen. India's Reliance Industries sold two naphtha cargoes totalling 90,000 tonnes, instead of just the one that traders expected at 35,000 or 55,000 tonnes. Trad

Published 24 Aug, 2014 12:00am

Mixed trend on grain market

Prices moved both ways on the wholesale grain market on Saturday in the process of modest trading, dealers said. On the cereals side, Moong Punjab lost Rs 375 to Rs 8375, Guwar Sindh and Punjab, however, managed to gain Rs 500 to Rs 6100 and Rs 6200, they

Published 24 Aug, 2014 12:00am

Chinese bank BoCom second quarter profit growth slows

China's Bank of Communications Co Ltd (BoCom), the country's fifth-largest listed bank, reported slowing profit growth in the second quarter and a rise in bad loans, mainly from businesses in export-focused regions. BoCom on Thursday reported a net profit

Published 24 Aug, 2014 12:00am

Chinese bank BoCom second quarter profit growth slows

China's Bank of Communications Co Ltd (BoCom), the country's fifth-largest listed bank, reported slowing profit growth in the second quarter and a rise in bad loans, mainly from businesses in export-focused regions. BoCom on Thursday reported a net profit

Published 24 Aug, 2014 12:00am

China says factory arrears rising as economy stumbles

More Chinese manufacturers are falling behind on their payments as economic growth falters, causing accounts receivable to spike 1.1 trillion yuan ($179 billion) in the first six months from the year-ago period, the government said on Friday. The Ministry

Published 24 Aug, 2014 12:00am

Apotex recalls one lot of organ rejection drug

Privately-held Canadian drug company Apotex Inc is recalling one lot of organ-rejection drug Apo-Mycophenolic Acid due to a labelling error, according to a statement from Health Canada released on Saturday. The product is used to prevent organ rejection i

Published 24 Aug, 2014 12:00am

Poland keeping 'foot in door' to euro zone membership: Finance Minister

Poland is keeping the door open to eurozone membership, but joining the common currency will not boost the country's status because it is already a stable and developed economy, Finance Minister Mateusz Szczurek was quoted on Friday as saying. Poland, whi

Published 24 Aug, 2014 12:00am

Brazil's slump hits job market as election approaches

Many of Brazil's biggest retailers, homebuilders and carmakers are cutting jobs as Latin America's largest economy teeters on the edge of recession, a fresh blow to President Dilma Rousseff's re-election bid. For years, low unemployment was key to Brazil'

Published 24 Aug, 2014 12:00am

Mexico inflation holds above ceiling in early August

Mexican annual inflation remained above the central bank's tolerance ceiling in early August but eased slightly versus late July, boding for steady borrowing costs ahead. Inflation for the 12 months through the first half of August cooled to 4.07 percent

Published 24 Aug, 2014 12:00am

Genentech hunting Silicon Valley startups, technology

Genentech Inc is on the hunt for partnerships and investment opportunities in medical-technology startups, Chief Executive Officer Ian Clark told Reuters, underscoring the industry's growing interest in digital healthcare. Genentech, which is owned by Roc

Published 24 Aug, 2014 12:00am

Genentech hunting Silicon Valley startups, technology

Genentech Inc is on the hunt for partnerships and investment opportunities in medical-technology startups, Chief Executive Officer Ian Clark told Reuters, underscoring the industry's growing interest in digital healthcare. Genentech, which is owned by Roc

Published 24 Aug, 2014 12:00am

Mexico's Alfa to seek onshore mature oil field tie-ups with Pemex

Mexican industrial conglomerate Alfa will seek next year to enter into joint ventures with national oil company Pemex, particularly in three onshore mature fields, the company's top energy executive said on Friday. The Monterrey-based company will also dr

Published 24 Aug, 2014 12:00am

Conservation of Amazon threatened by poor social conditions of its people

The conservation of Brazil's Amazon is threatened by the poor social conditions of its 24 million inhabitants, the first comprehensive study measuring the situation found on Saturday. Lack of access to clean water, violence, illiteracy and limited opportu

Published 24 Aug, 2014 12:00am

Indian watchdog orders PACL to return funds from investment scheme

India''s capital markets regulator has ordered property developer PACL Ltd to return at least $8.1 billion raised from retail investors after finding the company had failed to register its land investment scheme. The action by the Securities and Exchange

Published 24 Aug, 2014 12:00am

Indian watchdog orders PACL to return funds from investment scheme

India's capital markets regulator has ordered property developer PACL Ltd to return at least $8.1 billion raised from retail investors after finding the company had failed to register its land investment scheme. The action by the Securities and Exchange B

Published 24 Aug, 2014 12:00am

Indian watchdog orders PACL to return funds from investment scheme

India's capital markets regulator has ordered property developer PACL Ltd to return at least $8.1 billion raised from retail investors after finding the company had failed to register its land investment scheme. The action by the Securities and Exchange B

Published 24 Aug, 2014 12:00am

China Vanke profit up 5.6 percent

Property developer China Vanke Co's first-half net profit rose 5.6 percent, boosted by record sales and aggressive marketing amid an industry downturn, the company said on Sunday. China's largest residential developer announced that net profit for the Jan

Published 24 Aug, 2014 12:00am

China Vanke profit up 5.6 percent

Property developer China Vanke Co's first-half net profit rose 5.6 percent, boosted by record sales and aggressive marketing amid an industry downturn, the company said on Sunday. China's largest residential developer announced that net profit for the Jan

Published 24 Aug, 2014 12:00am

Atlantic City's tax base will have shrunk to half by 2015

Atlantic City's tax base, facing the loss of a third of its casinos including the shining new Revel Casino Hotel, is likely to shrink next year to half of what it was in 2010, the city's finance chief said. The erosion of the property tax base, in the mos

Published 24 Aug, 2014 12:00am

Swedish government cuts growth forecast

Sweden's centre-right government on Saturday delivered a gloomy message to voters ahead of a September 14 general election, cutting its growth forecast due to lingering weakness in the global economy and saying it will raise taxes further if re-elected. S

Published 24 Aug, 2014 12:00am

Cargill sues former employee for breach of contract

Global commodities trader Cargill Inc has sued a former employee, accusing him of stealing trade secrets before he joined rival JBS SA. Privately held Cargill filed the case on Thursday in the US District Court of Colorado, accusing Jason Kuan of breach o

Published 24 Aug, 2014 12:00am

US Plains HRW wheat bids weaker

US southern Plains spot basis bids for hard red winter wheat were steady to weaker on Friday amid scattered producer selling, dealers said. Farmers were selling modest amounts of wheat to make space for the harvest of autumn crops, they said. Protein prem

Published 24 Aug, 2014 12:00am

Brazilian, Colombian beans in demand in Europe's coffee market

Brazilian and Colombian arabicas were in demand in Europe's cash coffee market this week, but overall business volumes were relatively thin, dealers said on Friday. "European roasters appear to have pretty good supply cover and seem confident enough to si

Published 24 Aug, 2014 12:00am

Drought to cut China's corn output

A drought in China's north-east corn belt may cut output of the grain in two major provinces by about 3.5 million tonnes, about 1.5 percent of the nation's estimated annual output, according to an official think-tank's initial estimate. The drought condit

Published 24 Aug, 2014 12:00am

US FOB Gulf soyabeans basis offers strong

US FOB Gulf soyabean basis offers held strong at high levels late on Friday driven by a soaring US CIF barge market as processors scramble to cover needs at the end of the crop year and ahead of harvest, traders said. FOB Gulf corn and wheat offers were a

Published 24 Aug, 2014 12:00am

US natural gas futures down

US natural gas futures closed down more than 1 percent on Friday as some traders took profits from gains this week, despite warm weather forecasts that could result in more gas usage to power air conditioners. Front-month September gas futures on the CME

Published 24 Aug, 2014 12:00am

Palmkernel oil jumps on European vegoils market

Palmkernel oil on the European vegetable oils market rose sharply on Thursday because of technical support after trading as low as $840 a tonne cif Rotterdam. "The gap between palmkernel oil and coconut oil widened to almost $250 after which asking prices

Published 24 Aug, 2014 12:00am

Indian sugar futures rise on import duty; guar, spices fall

Indian sugar futures snapped a six-day falling streak on Friday due to a rise in the import duty on the sweetener to 25 percent from 15 percent. India, the world's biggest sugar consumer, raised the import duty on the sweetener to 25 percent from 15 perce

Published 24 Aug, 2014 12:00am

European wheat prices rise on Ukraine's tensions

European wheat prices rose on Friday, supported by concerns about escalating tensions in Ukraine and heavy rainfall in the northern US Plains spring wheat belt. However, the rise was smaller than on US markets as European prices remained pressured by the

Published 24 Aug, 2014 12:00am

McDonald's replaces US chief for the second time in 2 years

McDonald's Corp is replacing its US president for the second time in two years, a move that suggests increased pressure on Chief Executive Don Thompson to improve sales in the fast food chain's home market. The company on Friday named former McDonald's ex

Published 24 Aug, 2014 12:00am

Goldman Sachs, US agency in mortgage settlement worth $1.2 billion

Goldman Sachs Group Inc has agreed to a settlement worth $1.2 billion to resolve a US regulator's claims the bank sold Fannie Mae and Freddie Mac faulty mortgage bonds, the regulator announced Friday. Under the settlement with the Federal Housing Finance

Published 24 Aug, 2014 12:00am

Goldman Sachs, US agency in mortgage settlement worth $1.2 billion

Goldman Sachs Group Inc has agreed to a settlement worth $1.2 billion to resolve a US regulator's claims the bank sold Fannie Mae and Freddie Mac faulty mortgage bonds, the regulator announced Friday. Under the settlement with the Federal Housing Finance

Published 24 Aug, 2014 12:00am

HSBC is sued in US for $250 million over alleged role in 'death bonds'

HSBC Holdings Plc was sued for $250 million on Friday for allegedly ignoring red flags that a colourful British entrepreneur, the late David Elias, was committing fraud through an investment vehicle he controlled. The complaint was filed in the US Distric

Published 24 Aug, 2014 12:00am

HSBC is sued in US for $250 million over alleged role in 'death bonds'

HSBC Holdings Plc was sued for $250 million on Friday for allegedly ignoring red flags that a colourful British entrepreneur, the late David Elias, was committing fraud through an investment vehicle he controlled. The complaint was filed in the US Distric

Published 24 Aug, 2014 12:00am

Deputy Prime Minister says no plans to ban McDonald's

Russian authorities are not planning to close the McDonald's chain in the country, Deputy Prime Minister Arkady Dvorkovich was quoted saying on Saturday, after inspectors visited a number of restaurants run by the fast-food company. "No one is talking abo

Published 24 Aug, 2014 12:00am

Russia allows dairy imports from two Serbian firms

Russia has lifted a ban on dairy imports from two firms in Serbia, the government's food health service said on Saturday, in an apparent attempt to woo the European Union membership candidate amid Moscow's standoff with the West. Earlier this month, Russi

Published 24 Aug, 2014 12:00am

FAA certifies Boeing 787-9 with GE engines

The FAA has certified Boeing Co's 787-9 Dreamliner for use with General Electric Co engines, clearing the way for first deliveries of the new aircraft with the US-made engines expected later this month. The 787-9 is a larger version of the original Dreaml

Published 24 Aug, 2014 12:00am

Kuwait to boost oil exports to China

Kuwait plans to increase the volume of crude oil exports to China to 500,000 barrels a day (bpd) in three years, an executive at the state-run Kuwait Petroleum Corporation (KPC) said Saturday. On Monday, Kuwait concluded a new 10-year deal with a China's

Published 24 Aug, 2014 12:00am

As Fed debates rate path, focus on jobs data stirs its own debate

The Federal Reserve's intensive focus on a wide range of labour market data to guide policy-making is driving a wedge between its core decision-makers and others who feel the central bank is straying from traditional guideposts. In a speech here on Friday

Published 24 Aug, 2014 12:00am

Argentina's YPF extends energy deal with China's Sinopec

Argentina's state energy company YPF and a subsidiary of China's Sinopec Group agreed on Friday to extend their joint oil exploration and development projects in the western Argentine province of Mendoza until 2027, YPF said. "New projects will include 3D

Published 24 Aug, 2014 12:00am

Italy asks EU to exclude infrastructure projects from deficits

Italy is asking the European Union to exclude spending on infrastructure projects from the calculation of national budget deficits, Transport Minister Maurizio Lupi was quoted as saying in Corriere della Sera newspaper. Italy, with the second-highest publ

Published 24 Aug, 2014 12:00am

India central bank says all companies must apply 2-step payments for credit cards

India's central bank said that all transactions involving domestic credit cards must follow rules requiring additional verification, a stance that could impact companies such as Uber Technologies Inc that provide more simple app-based purchases. The annou

Published 24 Aug, 2014 12:00am

Obama to business: tell your lawmakers to renew Ex-Im Bank

President Barack Obama on Saturday urged business owners to press Congress to reauthorize the US Export-Import Bank, which could halt any new financing September 30 - as some conservative Republicans hope it will - if lawmakers fail to act. The little-kno

Published 24 Aug, 2014 12:00am

European funds plough into equities, holdings highest since January 2011

European fund managers made their highest allocation to equities this month since January 2011 and cut bond positions that were already below long-term averages, a Reuters survey showed on Thursday. Fund managers in the poll put 49 percent of their global

Published 24 Aug, 2014 12:00am

European funds plough into equities, holdings highest since January 2011

European fund managers made their highest allocation to equities this month since January 2011 and cut bond positions that were already below long-term averages, a Reuters survey showed on Thursday. Fund managers in the poll put 49 percent of their global

Published 24 Aug, 2014 12:00am

Stock traders seek edge in pre-market twilight zone

On most weekday mornings over the past year, Paris-based financial trader David Sibi has turned on a computer program designed to try and beat the US stock market before it even opens. Scouring multiple trading venues that offer US shares, albeit with som

Published 24 Aug, 2014 12:00am

Philippines launches domestic bond swap offer

The Philippine government plans to issue at least 60 billion pesos ($1.37 billion) of new 10-year bonds in a swap for shorter-dated bonds as part of its debt-liability management programme, a senior official said on Wednesday. National Treasurer Rosalia d

Published 24 Aug, 2014 12:00am

Philippines launches domestic bond swap offer

The Philippine government plans to issue at least 60 billion pesos ($1.37 billion) of new 10-year bonds in a swap for shorter-dated bonds as part of its debt-liability management programme, a senior official said on Wednesday. National Treasurer Rosalia d

Published 24 Aug, 2014 12:00am

Thai IPOs poised for post-coup rally

Thailand's stock market has experienced a wave of initial public offerings (IPOs) since the military took over the country three months ago, with companies relieved that the political deadlock has ended. The environment has become far more conducive for f

Published 24 Aug, 2014 12:00am

S&P, Dow end lower after Ukraine tension escalates

Stocks ended mostly lower on Friday as Ukraine-Russia tensions reignited and remarks from Federal Reserve Chair Janet Yellen failed to give investors any clues on interest rate hikes. The S&P 500 retreated from a record close it set on Thursday after Ukra

Published 24 Aug, 2014 12:00am

Treasuries rebound after Yellen cautious on labour

US Treasury prices recovered early losses on Friday with investors caught between the cautious message over labour markets from Fed Chair Janet Yellen and geopolitical risks from the Ukraine crisis that is hampering euro zone economic growth. The short-da

Published 24 Aug, 2014 12:00am

Treasuries rebound after Yellen cautious on labour

US Treasury prices recovered early losses on Friday with investors caught between the cautious message over labour markets from Fed Chair Janet Yellen and geopolitical risks from the Ukraine crisis that is hampering euro zone economic growth. The short-da

Published 24 Aug, 2014 12:00am

Investors boost cash in portfolios on Fed, war concerns

Concerns over conflict in Iraq, Ukraine and Gaza, future US interest rate policy and pumped-up equity markets have prompted asset managers to scale back risk and raise the amount of cash held in portfolios, a survey showed on Tuesday. Bank of America/Merr

Published 24 Aug, 2014 12:00am

Investors boost cash in portfolios on Fed, war concerns

Concerns over conflict in Iraq, Ukraine and Gaza, future US interest rate policy and pumped-up equity markets have prompted asset managers to scale back risk and raise the amount of cash held in portfolios, a survey showed on Tuesday. Bank of America/Merr

Published 24 Aug, 2014 12:00am

Bund yields fall near lows

German Bund yields dropped close to their record lows below 1 percent on Friday, after Ukrainian authorities said 90 trucks from a Russian aid convoy had crossed the border without permission. The latest development in the Ukraine crisis, which has led Ru

Published 24 Aug, 2014 12:00am

Bund yields fall near lows

German Bund yields dropped close to their record lows below 1 percent on Friday, after Ukrainian authorities said 90 trucks from a Russian aid convoy had crossed the border without permission. The latest development in the Ukraine crisis, which has led Ru

Published 24 Aug, 2014 12:00am

TSX weighed by Ukraine tensions, bank shares

Canada's main stock index slipped on Friday, pulling back from another record high hit earlier in the day on concerns of a further escalation of tensions in Ukraine and as shares of financial and energy companies fell. The market saw muted reaction to a s

Published 24 Aug, 2014 12:00am

Aussie dollar bears in hibernation until Fed calls

It is not often the biggest bear on a currency is its own central bank, yet the Reserve Bank of Australia has been warning for months that the Aussie dollar will slide to match the falling prices of the country's key commodity exports. The RBA's concerted

Published 24 Aug, 2014 12:00am

Brazil central bank speeds up pace of currency swap rollovers

Brazil's central bank said on Friday it will increase the pace of the rollover of currency swaps that expire in early September, a sign that it wants to slow down the recent depreciation of the real. The bank said it will increase to 10,000 the number of

Published 24 Aug, 2014 12:00am

Importers to put pressure on some East African currencies

Importers in Kenya and Tanzania are expected to keep the local currencies under pressure next week, while low demand for the dollar in Uganda should support the country's shilling. By 1230 GMT market on Thursday, commercial banks quoted the shilling at 88

Published 24 Aug, 2014 12:00am

Dollar regains lustre as Yellen seen less dovish than usual

The dollar rose to its highest in more than 11 months against a basket of currencies on Friday after Federal Reserve Chair Janet Yellen came out more balanced than expected on her views about the US economy and monetary policy in remarks to central banker

Published 24 Aug, 2014 12:00am

Colombia peso at three-month low

The Colombian peso weakened to its lowest level in more than three months on Friday, weighed by a widely awaited speech by Federal Reserve Chair Janet Yellen and J.P. Morgan's removal of the currency from its "overweight" portfolio recommendations. The pe

Published 24 Aug, 2014 12:00am

US dollar net longs at highest in more than two years

Speculators boosted bullish bets on the US dollar in the latest week to their highest in more than two years, according to data from the Commodity Futures Trading Commission released on Friday. The value of the dollar's net long position soared to $30.40

Published 24 Aug, 2014 12:00am

With eye on Scottish vote, speculators shore up sterling defences

The cost of hedging against sharp swings in the British pound rose on Monday as, exactly a month before an unprecedented independence vote, speculators sought to insure against the risk of Scotland leaving the United Kingdom. Polls suggest Scots will choo

Published 24 Aug, 2014 12:00am

Canadian dollar flat as inflation offsets retail sales data

The Canadian dollar was flat against the greenback on Friday as a surprisingly strong domestic retail sales report was tempered by data showing a softer-than-expected annual inflation rate. The market saw little reaction to the other highly anticipated ev

Published 24 Aug, 2014 12:00am

Rosberg beats Hamilton

Formula One leader Nico Rosberg swept to pole position at the Belgian Grand Prix on Saturday with Mercedes team mate and title rival Lewis Hamilton alongside on the front row after a wet qualifying session. Red Bull's four-times world champion Sebastian V

Published 24 Aug, 2014 12:00am

Bellarabi makes Bundesliga history with nine-second goal

Bayer Leverkusen's Karim Bellarabi entered the Bundesliga record books on Saturday when scoring the fastest ever German league goal after a mere nine seconds. The midfielder's lightning strike against Borussia Dortmund was two seconds quicker than the pre

Published 24 Aug, 2014 12:00am

Costa scores again as Chelsea snare Foxes

Diego Costa scored for the second match in succession as Chelsea made it two Premier League wins from two matches this season with a 2-0 victory at home to newly-promoted Leicester City on Saturday. After a goalless first half, Chelsea twice almost took t

Published 24 Aug, 2014 12:00am

Atletico take Super Cup

Atletico Madrid gained some measure of revenge for their Champions League final defeat to Real Madrid by beating their city rivals 1-0 at the Vicente Calderon on Friday to win the Spanish Super Cup 2-1 on aggregate. The hosts made the best possible start

Published 24 Aug, 2014 12:00am

Libya gives up hosting 2017 Africa Cup of Nations

Libya surrendered its right to host the 2017 Africa Cup of Nations on Saturday, blaming the decision on the worsening security situation in the country. The African Football Confederation (CAF) said it will now sound out potential replacement host nations

Published 24 Aug, 2014 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Petrol/Litre / Nov 23	248.38
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Diesel/Litre / Nov 23	255.14

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 23 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 23 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 23 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 23 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 23 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 23 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 23 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 23 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 23 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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