News Archives for Print - 2014-10-09

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Print - 2014-10-09

The Weather

The weather report on Wednesday (October 08, 2014) and the forecast for Thursday (October 09, 2014).

Published 09 Oct, 2014 12:00am

New York cotton

The fluctuations observed during the day:

Published 09 Oct, 2014 12:00am

New York cotton

The fluctuations observed during the day:

Published 09 Oct, 2014 12:00am

Aaj TV - Thursday's schedule

All timings are in PST (Pakistan Standard Time).

Published 09 Oct, 2014 12:00am

South East Asian markets: Indonesia retreats amid political concerns

Indonesian shares retreated on Wednesday on renewed political concerns while most Southeast Asian stock indexes hovered near oversold territory as investors cut holdings in risk assets amid concerns about weaker global growth outlook. Jakarta's composite

Published 09 Oct, 2014 12:00am

Australian shares close at February lows

Australian shares fell 0.8 percent on Wednesday to close at February lows after the International Monetary Fund cut its global economic growth forecasts, prompting investors to seek shelter in safe-haven assets. The S&P/ASX 200 index lost 42.9 points to 5

Published 09 Oct, 2014 12:00am

Tokyo stocks down

Tokyo stocks fell 1.19 percent on Wednesday, hit by a strong yen and the International Monetary Fund's decision to slash by almost half its economic growth forecast for the country. The Nikkei 225 index at the Tokyo Stock Exchange lost 187.85 points to fi

Published 09 Oct, 2014 12:00am

Wednesday's midday trade: stocks down for third session

US stocks were lower for a third straight session on Wednesday, with the S&P 500 briefly dropping under a key technical level amid concerns over the pace of global economic growth. China's services sector growth weakened slightly in September as new busin

Published 09 Oct, 2014 12:00am

Wall Street plummets on global growth concerns

US stocks ended sharply lower on Tuesday, with major indexes falling 1 percent in heavy trading, as weak data out of Germany raised concerns about the strength of global growth ahead of the start of earnings season. The International Monetary Fund cut its

Published 09 Oct, 2014 12:00am

Taiwan stocks lower

Taiwan stocks traded lower on Wednesday tracking overseas markets amid worries over global growth. As of 0150 GMT, the main TAIEX index was down 27.77 points at 9013.04, after closing down 0.6 percent on Tuesday. Confidence-boosting measures announced by

Published 09 Oct, 2014 12:00am

Long-term yields hit over one-year lows

US Treasuries yields plunged Tuesday, with long-dated yields hitting their lowest since May of last year, after fresh signs of economic weakness in Germany and a lower International Monetary Fund global growth forecast fuelled safe-haven bids.

Published 09 Oct, 2014 12:00am

Long-term yields hit over one-year lows

Published 09 Oct, 2014 12:00am

Indian shares near two-month low

Indian shares fell for a third straight session on Wednesday to their lowest closing level in nearly two months as exporters slumped after weak macroeconomic data stoked worries about global economic growth. Losses, however, were limited as cyclical stock

Published 09 Oct, 2014 12:00am

Hong Kong stocks slip, China shares jump

Hong Kong shares slipped 0.68 percent Wednesday, ending a three-day winning streak, as traders followed a sell-off in Europe and the United States after the IMF downgraded its global economic growth forecasts. The Hang Seng Index shed 159.19 points to 23,

Published 09 Oct, 2014 12:00am

European shares hit two-month low on growth jitters

European stocks sank on Wednesday in huge trading volumes, extending their week-long selloff and with a benchmark index hitting its lowest level since mid-August as concerns about global economic growth spooked investors. The FTSEurofirst 300 index of top

Published 09 Oct, 2014 12:00am

TSX tumbles

Canada's main stock index dropped on Tuesday as a sluggish global growth forecast and weak data from Germany fuelled a selloff in equities and oil prices. In turn, the decline in the price of oil pushed down the energy sector, which had the biggest negati

Published 09 Oct, 2014 12:00am

Global gloom, Eid break weigh on Gulf markets

Middle Eastern bourses pulled back on Wednesday in line with global markets as trading volumes remained low, indicating that many retail investors in the region had yet to return from their Eid holidays. Dubai's index fell 1.7 percent as heavyweight Emaar

Published 09 Oct, 2014 12:00am

FTSE falls on Ebola worries, economic scares

Britain's main equity index fell for a second day on Wednesday as worries about Ebola reaching Europe hurt travel firms and telecoms tester Spirent Communications became the latest UK company to warn on profits. Shares in Tui Travel and airline easyJet fe

Published 09 Oct, 2014 12:00am

Short Swiss francs, long Mexico peso may yield returns

Selling the Swiss franc versus the Mexican peso may not be an everyday foreign exchange play but divergent economic outlooks coupled with a positive yield might make it attractive to some forex traders. Mexico's central bank cut interest rates to a record

Published 09 Oct, 2014 12:00am

Global growth worries hit Asian currencies

Most emerging Asian currencies fell on Wednesday as concerns over slowing global growth hurt risk assets, including regional stocks. The South Korean won fell as the country announced measures to aid local exporters affected by a weaker yen. Indonesia's r

Published 09 Oct, 2014 12:00am

Sterling weakens on fresh evidence of slowing inflation

Sterling fell against the dollar on Wednesday, after two days of gains, on signs of easing British inflation which could allow the central bank to keep interest rates low. The Bank of England's Monetary Policy Committee starts a two-day meeting on Wednesd

Published 09 Oct, 2014 12:00am

Canadian dollar in broad retreat

The Canadian dollar was weaker against the greenback and other major currency counterparts on Tuesday but it stayed clear of the more than six-month lows reached last week as investors looked ahead to Friday's employment figures. Data on Tuesday that show

Published 09 Oct, 2014 12:00am

Indian rupee gains for third session

The Indian rupee gained for a third straight session on Wednesday, largely on the back of heavy foreign fund buying of domestic debt while the International Monetary Fund's upward revision in the country's growth outlook also aided sentiment. The IMF rais

Published 09 Oct, 2014 12:00am

Egypt's pound steady

Egypt's pound held steady at a central bank dollar sale on Wednesday, which the bank said sold $37.4 million at a cut-off price of 7.1401 pounds per dollar, unchanged from the last sale on Thursday before an extended holiday. In the unofficial market, the

Published 09 Oct, 2014 12:00am

Yen rallies broadly in Asia

The safe-haven yen stood tall on Wednesday, having risen broadly as risk appetite waned in the wake of a plunge in German industrial output and after the IMF cut its global economic growth forecasts for a third time this year. The dollar traded at 108.335

Published 09 Oct, 2014 12:00am

Dollar edges up, euro weakens in London

The dollar edged up against most major currencies on Wednesday, as traders waited for minutes from the Federal Reserve's latest policy meeting for signs that the United States was moving closer to interest rate rises. The minutes from the US central bank'

Published 09 Oct, 2014 12:00am

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Wednesday. 77.40-77.40 (previous 77.40-77.40). Call Money Rates: 07.75-09.50 percent (* Previous 06.00-09.50 percent). (* revised).

Published 09 Oct, 2014 12:00am

Australian and New Zealand dollar slip

The Australian and New Zealand dollars drifted lower on Wednesday, trimming overnight gains in an absence of major economic data and as investors were reluctant to take aggressive positions a day ahead of key Australian employment figures. Both Antipodean

Published 09 Oct, 2014 12:00am

Early trade in New York: Dollar drifts higher

The dollar inched higher against most major currencies on Wednesday, after losses in the previous sessions, as traders consolidated positions ahead of the release of minutes from the Federal Reserve's most recent policy meeting. The minutes from the US ce

Published 09 Oct, 2014 12:00am

Dollar posts worst two-day loss against yen in New York

The dollar fell to a three week-low against the yen on Tuesday, retracing most of its gains posted following last week's robust US nonfarm payrolls report, but the decline came as no surprise after five straight weeks of rises. "While some shorter-term ch

Published 09 Oct, 2014 12:00am

England has racism problem: FIFA official

English football has an ongoing problem with racism, FIFA vice-president Jeffrey Webb told a conference in London on Wednesday. Webb, who is also the head of world governing body FIFA's anti-discrimination taskforce, used the example of Chelsea youth coac

Published 09 Oct, 2014 12:00am

Biles leads US women to second straight world team title

Simone Biles led the United States to win a second straight women's team title at the world gymnastics championships Wednesday as she geared up for her defence of the individual all-around title. The 2012 Olympic champions collected 179.280 points through

Published 09 Oct, 2014 12:00am

Pakistan lose paceman Junaid

Under-strength Pakistan received further blow on Wednesday when frontline paceman Junaid Khan was ruled out of the ODI and two-Test series against Australia after injuring his knee in practice. Pakistan are already without off-spinner Saeed Ajmal who was

Published 09 Oct, 2014 12:00am

Win for Djokovic as Wawrinka, Nishikori crash

Novak Djokovic won his 26th successive match in China at the Shanghai Masters Wednesday, but it was misery for Australian Open champion Stan Wawrinka, who crashed out despite leading his final set 3-0. The Serbian world number one opened his campaign for

Published 09 Oct, 2014 12:00am

Nadal curses bad luck as he crashes in Shanghai

Rafael Nadal Wednesday cursed the miserable luck which has plagued him since being dumped out of Wimbledon, a period which saw him sidelined with injury before being struck with appendicitis. "(It) is true that the last few months I was not in the best of

Published 09 Oct, 2014 12:00am

Smith, Johnson lead Australian rout of Pakistan

Steven Smith scored a maiden one day hundred while paceman Mitchell Johnson took three wickets to help Australia beat Pakistan by 93 runs in the first day-night international on Tuesday. Smith, who had never scored a half-century in one-day games before,

Published 09 Oct, 2014 12:00am

Ponting backs Pietersen claims

Former Australia captain Ricky Ponting has spoken up in support of Kevin Pietersen's allegations of a "bullying" culture within the England team. Pietersen, in one of several controversial claims in his recently-published autobiography, accused England's

Published 09 Oct, 2014 12:00am

European clubs 'won't pay 2022 World Cup bill'

European Club Association chairman Karl-Heinz Rummenigge declared on Wednesday that European clubs will not foot the bill if the 2022 World Cup is moved to a different time of year. A FIFA taskforce is currently studying the feasibility of moving the tour

Published 09 Oct, 2014 12:00am

Bangladesh's Gazi banned from bowling for arm action

Bangladesh off-spinner Sohag Gazi has been banned from bowling in all forms of cricket after his bowling action was found to be illegal, officials said on Wednesday. Chief executive officer of the Bangladesh Cricket Board (BCB) Nizamuddin Chowdhury said a

Published 09 Oct, 2014 12:00am

Bowl within the rules, Murali urges bowlers

Sri Lanka's world record holder Muttiah Muralitharan, once called for chucking during his controversial career, Wednesday urged bowlers around the world to bowl within the rules or else change their actions. The 42-year-old joined the debate whether the p

Published 09 Oct, 2014 12:00am

Russian car sales plummet 20 percent in September

Car sales in Russia plunged 20 percent in September as the economic toll from the Ukraine crisis roiled the economy, an industry group said on Wednesday. Sales slumped by 20.1 percent compared to the figure for the same month last year to 197,233 on the b

Published 09 Oct, 2014 12:00am

Romania in recession despite illegal lift

The Romanian economy fell into recession in the second quarter of the year, official data showed on Wednesday but the downturn was less severe than thought, helped by a new inclusion of illegal activities. Output fell by 0.9 percent from the level of gros

Published 09 Oct, 2014 12:00am

Ebola cost to West Africa economy could top $32 billion: World Bank

The deadly Ebola epidemic could deal a $32 billion-plus blow to the West African economy over the next year if officials cannot get it under control, the World Bank warned Wednesday. If efforts to halt its spread out of a three-country core - Liberia, Sie

Published 09 Oct, 2014 12:00am

Ebola cost to West Africa economy could top $32 billion: World Bank

Published 09 Oct, 2014 12:00am

China mulls letting non-banks to trade interbank FX market

China is considering allowing non-banks, including brokerages, insurers and trust firms, to trade in the interbank foreign exchange market, two sources with direct knowledge of the matter told Reuters on Wednesday. The move would represent the latest step

Published 09 Oct, 2014 12:00am

Japan current account surplus widens

Japan's current account surplus in August expanded 82.7 percent from a year earlier thanks to increased returns on foreign investment, official data showed Wednesday. Japan logged a surplus of 287.1 billion yen ($2.7 billion) in the current account, the b

Published 09 Oct, 2014 12:00am

German top think-tanks cut growth forecast

Germany's four leading economic institutes are cutting their forecast for growth both this year and next year as clouds continue to build over Europe's biggest economy, the daily Handelsblatt reported on Wednesday. The think tanks - Ifo of Munich, DIW of

Published 09 Oct, 2014 12:00am

Air France in a spin as huge cost of strike revealed

Struggling Air France revealed Wednesday that a record-long pilots' strike last month cost around 500 million euros, in a dire profit warning that sent its stock price into a tailspin. The Air France-KLM group, Europe's second-biggest airline, was already

Published 09 Oct, 2014 12:00am

Libor

US, European banks near deals on Libor, forex rigging

Large American and European banks are nearing settlement deals with British regulators over rigging interest rates and manipulating the foreign exchange market, sources told AFP Tuesday. The overall settlement for charges of illegally manipulating the Lon

Published 09 Oct, 2014 12:00am

Turkey cuts 2014 growth forecast

Turkey on Wednesday lowered its economic growth forecast for 2014 to 3.3 percent, blaming external factors including the chaos in neighbours Syria and Iraq and increased uncertainty in the global economy. Turkey's export-dependent economy is being hurt by

Published 09 Oct, 2014 12:00am

First UK nuclear plant in decades wins EU funding fight

A British plan to guarantee the price of power from its first new nuclear project in decades won European Union backing in a landmark ruling on Wednesday that now faces legal challenges. Seen as market-distorting state aid by opponents, the price guarante

Published 09 Oct, 2014 12:00am

Brazil inflation highest in nearly three years

Brazil's annual inflation rate in September shot way above an official target to its highest in nearly three years, the latest economic blow for President Dilma Rousseff who is locked in a tight race for re-election against market-favourite Aecio Neves. C

Published 09 Oct, 2014 12:00am

Monsanto reports smaller loss

Monsanto Co, the world's largest seed company, reported a narrower fourth-quarter loss on Wednesday and said it sees continued growth in the new fiscal year on sales of corn and soybean seeds. Monsanto, known for its genetically engineered corn, soybeans

Published 09 Oct, 2014 12:00am

Monsanto reports smaller loss

Published 09 Oct, 2014 12:00am

US budget deficit falls below three percent of GDP in 2014: CBO

The US budget deficit fell to 2.8 percent of the economy's output in fiscal year 2014, as government revenues rose sharply, official data showed Wednesday. The federal government's deficit was $486 billion in the fiscal year that ended on September 30, do

Published 09 Oct, 2014 12:00am

Rescue 1122 commemorates 'National Disaster Awareness Day'

Punjab Emergency Service (Rescue 1122) commemorated the "National Disaster Awareness Day" on Wednesday to remember the October 8, 2005 earthquake in northern areas of Pakistan. The 2005 earthquake registered a magnitude of 7.6 making it similar in size to

Published 09 Oct, 2014 12:00am

Nation united over defence of Pakistan: Elahi

Pakistan Muslim League-Q central leader Chaudhry Parvez Elahi has said the entire nation was united and unanimous over security and defence of Pakistan and India should not be in any misgiving due to silence of Nawaz Sharif. He said criminal silence and i

Published 09 Oct, 2014 12:00am

Two combatants of Punjab: Zardari says my support is for democracy not Nawaz

Co-chairman of Pakistan People's Party (PPP) Asif Ali Zardari has said that he is securing democracy not Nawaz Sharif. He has also suggested party workers to enjoy the wrestling between two combatants of Punjab, as the PPP is not the part of this battle.

Published 09 Oct, 2014 12:00am

Weather turns pleasant after light rains in Punjab plains

The persistent hot and humid weather turned pleasant as day and night temperature fell by 5 to 8 degrees Celsius on the third day of Eidul Azha in the plains of Punjab and hilly areas of the country on Wednesday. Pakistanis celebrated the third day of Eid

Published 09 Oct, 2014 12:00am

NDU delegation lauds Aptma's visionary approach

The participants of National Defence University (NDU) course have appreciated the visionary approach of the Aptma leadership in suggesting the workable solutions to the government about industry problems. The NDU delegation also eulogised resilience of Pa

Published 09 Oct, 2014 12:00am

Pakistan concerned over India's ceasefire violations

Pakistan has underscored the need for resolution of the lingering Kashmir dispute between India and Pakistan, while expressing its deep concern over the recent ceasefire violations at the Line of Control and the Working Boundary by the Indian security for

Published 09 Oct, 2014 12:00am

Partly Facetious: Now Mian Sahib has mobilized ground forces

"You know I am convinced that Mian Nawaz Sharif really wants this country to develop with cheap electricity for all, low rate of inflation, high employment led by private sector growth." "That's what he said in his Eid message but that could be a proforma

Published 09 Oct, 2014 12:00am

K-Electric Limited

The firm was incorporated in 1913 and is a fully integrated power utility that is involved in generation, transmission and distribution of electricity to the largest metropolis of the country, Karachi. With a hundred-year celebration, Karachi Electric Sup

Published 09 Oct, 2014 12:00am

K-Electric Limited

Published 09 Oct, 2014 12:00am

Online voting not ready for roll-out

Online voting has the potential to boost election participation around the world, but is not yet ready to be widely rolled out due to security risks, a study released Wednesday said. The research, produced by the Atlantic Council think tank and the online

Published 09 Oct, 2014 12:00am

Algeria's ailing president makes rare appearance

President Abdelaziz Bouteflika, whose ailing health has raised concerns, held talks Wednesday with Algeria's veteran diplomat Lakhdar Brahimi, national news agency APS said. It gave no details on the meeting with Brahimi, who resigned in May from the post

Published 09 Oct, 2014 12:00am

Damaged by government, UK Lib Dems stay upbeat

Battered by four years in coalition, Britain's Liberal Democrats on Wednesday set out dividing lines ahead of next year's election which they hope will boost their dismal poll ratings and allow them once again to play kingmaker. Lib Dem leader Nick Clegg,

Published 09 Oct, 2014 12:00am

US fighter jet crashes

A US F-15 fighter jet crashed into a field in eastern England on Wednesday after the pilot successfully ejected and escaped with no serious injury. "The plane has come down in an isolated rural area and no premises have been affected," said a spokesman fo

Published 09 Oct, 2014 12:00am

Ebola death toll close to 3,900: WHO

The death toll in the world's worst-ever Ebola epidemic has edged closer to 3,900, with the virus killing nearly half of the more than 8,000 people infected, UN figures showed Wednesday. In its latest update on the epidemic, the World Health Organisation

Published 09 Oct, 2014 12:00am

Asian cave paintings challenge Europe as cradle of art

The silhouette of a hand on a cave wall in Indonesia is 40,000 years old, showing that Europe was not the birthplace of art as long believed, researchers said on Wednesday. Created by spraying reddish paint around an open hand pressed against rock, the st

Published 09 Oct, 2014 12:00am

EU chastises Turkey over interference in courts, freedom of speech

The European Union reprimanded EU candidate Turkey on Wednesday for political meddling in the judiciary, saying a response to a government corruption scandal has harmed the independence of the judiciary and weakened civil rights. The unusually harsh langu

Published 09 Oct, 2014 12:00am

Juncker suffers blow as first commissioner rejected

Incoming EU chief Jean-Claude Juncker suffered the first casualty from his new team Wednesday after the Brussels parliament overwhelmingly rejected Slovenia's commissioner. Former Slovenian prime minister Alenka Bratusek was voted out after she failed to

Published 09 Oct, 2014 12:00am

Yemen sinks into new crisis after rebels reject new Prime Minister

Yemeni Shiite rebels dug in their heels Wednesday after rejecting the newly named premier, stirring fears of further violence as al Qaeda and tribes accused security forces of favouring the insurgents. With confusion reigning in rebel-controlled Sanaa, su

Published 09 Oct, 2014 12:00am

Ukraine lobbies Nato, IMF as deaths mount

Ukraine dispatched top envoys to Washington and Brussels on Wednesday to secure help in the face of a surge in clashes with pro-Russian insurgents that killed eight more civilians and troops. A one-month truce in Ukraine is teetering on the verge of colla

Published 09 Oct, 2014 12:00am

17 dead, dozens missing in Indonesia boat sinking

At least 17 people from a wedding party have died after their boat sank on its way to the Indonesian island of Bali, an official said Wednesday, with two dozen still missing. The victims include at least three children, one of them a two-year-old boy, whi

Published 09 Oct, 2014 12:00am

Iran issues 'red lines' ahead of key nuclear talks

Iran's supreme leader Ayatollah Ali Khamenei reiterated on Wednesday his country's "red lines" in negotiations with world powers over its controversial nuclear programme due to resume next week in Vienna. Khamenei's intervention came as EU foreign policy

Published 09 Oct, 2014 12:00am

Libya Prime Minister says Egypt will help train army

Libya's embattled prime minister, Abdullah al-Thani, said on Wednesday Egypt would help to train his army and called on compatriots to fight Islamist led-militias that have overrun the capital. Thani and the majority of an internationally recognised parli

Published 09 Oct, 2014 12:00am

Shanghai copper down

The most-traded December copper contract on the Shanghai Futures Exchange lost 0.3 percent to 47,900 yuan ($7,809) a tonne on Wednesday ahead of a seasonally stronger quarter for demand, although worries about global growth clouded the outlook for metals

Published 09 Oct, 2014 12:00am

Copper descends

Copper fell on Wednesday, pressured by concerns about economic growth in China and Europe, although falls were capped by some short-covering after dipping to five-month lows last week. Three-month copper on the London Metal Exchange (LME), untraded at the

Published 09 Oct, 2014 12:00am

Rubber rises

Benchmark Tokyo rubber futures rose to a one-week high on Wednesday, lifted by bargain hunting as investors in Shanghai returned from a week-long holiday with positive sentiment. The Tokyo Commodity Exchange rubber contract for March delivery finished up

Published 09 Oct, 2014 12:00am

Palm oil surges

Malaysian palm oil futures stretched their winning streak into a third day on Wednesday, as the ringgit fell and as investors expected output to drop this month, although a fall in crude oil prices hampered gains. Planters and traders said palm oil output

Published 09 Oct, 2014 12:00am

ICE coffee eases

Arabica coffee futures slipped on Wednesday, easing off this week's 2-1/2 year high in heavy, choppy trade, as buyers stuck to the sidelines and the momentum of a speculator-driven buying spree on dry weather in top producer Brazil slowed. Cocoa on ICE Fu

Published 09 Oct, 2014 12:00am

Wheat, corn extend winning streak

US wheat and corn futures rose for the fifth straight day on Tuesday, with short-covering and technical buying in focus as investors scrambled to stake out positions ahead of a key government report, traders said. Soyabeans closed lower, pressured by prof

Published 09 Oct, 2014 12:00am

Rotterdam vegetable oil prices

Wednesday's Rotterdam vegetable oil prices at 1600 GMT.

Published 09 Oct, 2014 12:00am

Rotterdam vegetable oil prices

Wednesday's Rotterdam vegetable oil prices at 1600 GMT.

Published 09 Oct, 2014 12:00am

Gold soars in New York

Gold rose for a second session on Tuesday as its safe-haven appeal increased after the International Monetary Fund cut its global economic growth forecasts and weak German industrial data stoked further concerns. "Following yesterday's rally, traders are

Published 09 Oct, 2014 12:00am

Gold up in Asia

Gold extended gains to a third session on Wednesday as growing concerns over the global economy prompted safe-haven bids, while the return of top consumer China from a week-long holiday also lifted prices. "For the moment, it does look like gold could see

Published 09 Oct, 2014 12:00am

Gold rises in Europe

Gold rose 1 percent on Wednesday, climbing further from this week's 15-month low, as equities fell for a second day after a cut in the International Monetary Fund's global growth forecasts fuelled concerns over the world economy. The metal plunged to its

Published 09 Oct, 2014 12:00am

US MIDDAY: wheat rises

Wheat futures on the Chicago Board of Trade closed modestly higher early on Wednesday following a choppy session, supported by technical buying following a recent slide to a four-year low, traders said. Funds hold a large net short position in CBOT wheat,

Published 09 Oct, 2014 12:00am

US MIDDAY: gold pares gains

Gold pared gains sharply early on Wednesday to trade only slightly higher after bullion failed to break its one-week high at $1,220 an ounce following a rally driven by global economic worries. Despite the small gain, the metal is on track for a third con

Published 09 Oct, 2014 12:00am

PPP workers are joining PTI: Qureshi

Pakistan Tehreek-e-Insaf's (PTI) Vice Chairman Shah Mehmood Qureshi has said that Pakistan People's Party (PPP) workers are joining the PTI. Talking to journalists, Qureshi said that the PPP was under pressure as its workers were joining PTI. "The PPP has

Published 09 Oct, 2014 12:00am

Under-construction police station blown up in Swat

The under-construction three-storey building of Charbagh Police Station was blown up. However, due to empty building no loss of human life occurred in the incident. According to police some unknown miscreants planted two bombs of five kilograms each explo

Published 09 Oct, 2014 12:00am

Saudi sacrificial meat distributed among 14,000 poor families

The International Islamic Relief Organisation of Saudi Arabia (IIRO) has distributed sacrificial meat to the poor people in Pakistan. The distribution ceremony was held at IIRO's office in Islamabad. Saudi Acting Ambassador to Pakistan Jasim Al-Khalidi, D

Published 09 Oct, 2014 12:00am

Prime Minister condemns attack on polio workers

Prime Minister Nawaz Sharif strongly condemned the mine blast attack on polio workers in Mohmand Agency on Wednesday, which caused loss of precious human lives. The PM, in a statement issued from PM office here, deplored the loss of lives and reiterated t

Published 09 Oct, 2014 12:00am

IMC advises customers for not paying premium

Indus Motors Company (IMC) has pledged to educate its valued customers on the dynamics of car market in Pakistan in order to protect them from "premium" mafia. The company has appealed to the prospective buyers of different Toyota models for help, by refu

Published 09 Oct, 2014 12:00am

Dir, Chitral, Karak road accidents shock KP chief minister

Khyber Pakhtunkhwa (KP) Chief Minister Pervez Khattak has expressed deep sense of shock and grief on tragic road accidents in Chitral, Dir and Karak. In these incidents a passenger jeep fell into river while travelling from Arandu to Drosh in Chitral, a p

Published 09 Oct, 2014 12:00am

ST refund: OICCI critical of human intervention in ERS process

Overseas Investors Chamber of Commerce and Industry (OICCI) expressing disenchantment over human intervention in the sales tax refund process, said it raises transparency issues in the department; it is learnt here on Wednesday.

Published 09 Oct, 2014 12:00am

Transporters resort to charging extra fares on Eid

Public transporters took full advantage of festival of Eid by charging extra fares from the passengers who are coming back from their native places to attend their respective offices on Thursday. Every year transporters charge extra fares on Eid leaving p

Published 09 Oct, 2014 12:00am

850 ANP workers killed in terrorism: Mian Iftikhar

Secretary General, ANP, Mian Iftikhar Hussain has said that their 850 workers have been killed in terrorism. Talking to media on the occasion of offering fateha over the death of local ANP activist Ashraf Khan at Bama Khel area of Tehsil Matta, district S

Published 09 Oct, 2014 12:00am

49,543 IDPs: families of NWA receive Rs 396.35 million: PDMA

As many as 49,543 temporarily displaced families of North Waziristan Agency have received Rs 396.35 million under the Provincial Government Esaar-e-Pakthunkhwa Programme to help them in their hour of need. According to Provincial Disaster Management Autho

Published 09 Oct, 2014 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 2	278.03
USD PKR Interbank Buying / Dec 2	277.83
USD to Japanese Yen / Dec 2	150.58
USD to Swiss Franc / Dec 2	0.88
Pound Sterling to USD / Dec 2	1.27
Euro to USD / Dec 2	1.05

Stock	Volume
S&P 500 / Nov 29	6,032.38
Nasdaq / Nov 29	19,218.17
Dow Jones / Nov 29	44,910.65
India Sensex / Dec 2	79,733.56
Tokyo Nikkei / Dec 2	38,467.64
Hang Seng / Dec 2	19,461.37
FTSE 100 / Dec 2	8,277.30
Germany DAX 30 / Dec 2	19,584.63

Item	Value
Petrol/Litre / Dec 2	252.10
Crude Oil USD/Barrel / Dec 2	68.42
Karachi Cotton PKR/37.32 KG / Dec 2	17,685
Gold 10 Grams PKR / Dec 2	235,340
Gold Spot USD/Ounce / Dec 2	2,623.36
Diesel/Litre / Dec 2	258.43

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 2 786 Investments Limited(786)	7.20 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 2 Al-Abbas Sugar Mills Limited(AABS)	621.98 ▼ 0.00 (0.00%)
Agro Allianz / Dec 2 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 2 Ali Asghar Textile Mills Limited(AATM)	68.33 ▼ 0.00 (0.00%)
Allied Bank / Dec 2 Allied Bank Limited(ABL)	143.75 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 2 Abbott Laboratories (Pakistan) Limited(ABOT)	1,092.36 ▼ 0.00 (0.00%)
Abson Ind. / Dec 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 2 Alfalah Consumer Index ETF.(ACIETF)	12.66 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 2 786 Investments Limited(786)	7.20 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 2 Al-Abbas Sugar Mills Limited(AABS)	621.98 ▲ 0.00 (0.00%)
Agro Allianz / Dec 2 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 2 Ali Asghar Textile Mills Limited(AATM)	68.33 ▲ 0.00 (0.00%)
Allied Bank / Dec 2 Allied Bank Limited(ABL)	143.75 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 2 Abbott Laboratories (Pakistan) Limited(ABOT)	1,092.36 ▲ 0.00 (0.00%)
Abson Ind. / Dec 2 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 2 Alfalah Consumer Index ETF.(ACIETF)	12.66 ▲ 0.00 (0.00%)

Stock	Volume
B.O.Punjab / Dec 2 The Bank of Punjab(BOP)	95,056,818 ▲ 0.00
K-Electric Ltd. / Dec 2 K-Electric Limited(KEL)	55,535,090 ▲ 0.00
Sui South Gas / Dec 2 Sui Southern Gas Company Limited(SSGC)	44,802,561 ▲ 0.00
Bank Makramah / Dec 2 Bank Makramah Limited(BML)	33,703,641 ▲ 0.00
P.T.C.L. / Dec 2 Pakistan Telecommunication Company Ltd(PTC)	32,551,968 ▲ 0.00
Waves Home Appliances / Dec 2 Waves Home Appliances Limited(WAVESAPP)	32,094,183 ▲ 0.00
Hascol Petrol / Dec 2 Hascol Petroleum Limited(HASCOL)	27,538,280 ▲ 0.00
Symmetry Group / Dec 2 Symmetry Group Limited(SYM)	26,652,379 ▲ 0.00
WorldCall Telecom / Dec 2 Worldcall Telecom Limited(WTL)	25,274,872 ▲ 0.00

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