News Archives for Print - 2015-06-02

Print - 2015-06-02

Currency

Banks' rates for currency notes (buying and selling)

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Monday (June 01, 2015).

Published 02 Jun, 2015 12:00am

Currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Monday (June 01, 2015).

Published 02 Jun, 2015 12:00am

Currency

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Monday (June 01, 2015).

Published 02 Jun, 2015 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Monday (June 01, 2015).

Published 02 Jun, 2015 12:00am

Libor

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Monday (June 01, 2015).

Published 02 Jun, 2015 12:00am

Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Monday (June 01, 2015).

Published 02 Jun, 2015 12:00am

Currency

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Monday (June 01, 2015).

Published 02 Jun, 2015 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Monday (June 01, 2015).

Published 02 Jun, 2015 12:00am

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi

Published 02 Jun, 2015 12:00am

Currency

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d

Published 02 Jun, 2015 12:00am

New York cotton

The fluctuations observed during the day:

Published 02 Jun, 2015 12:00am

New York cotton

The fluctuations observed during the day:

Published 02 Jun, 2015 12:00am

Aaj TV - Tuesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 02 Jun, 2015 12:00am

Education in Italy

Education in Italy is free and mandatory from ages six to sixteen, and consists of five stages: kindergarten (scuola dell'infanzia), primary school (scuola primaria), lower secondary school (scuola secondaria di primo grado), upper secondary school (scuol

Published 02 Jun, 2015 12:00am

Currency

Economy of Italy

Italy has a capitalist mixed economy, ranking as the third-largest in the Eurozone and the eighth-largest in the world. The country is a founding member of the G7, G8, the Eurozone and the OECD.

Published 02 Jun, 2015 12:00am

Message from General Secretary (IPBA)

I must congratulate Italian Government and Italian Embassy in Pakistan who are doing extraordinary job for the promotion of Bilateral Trade Linkages between both countries Italy & Pakistan and established very useful platform in the shape of Italian Chamb

Published 02 Jun, 2015 12:00am

Message from President, Italian Pakistan Business Association (IPBA)

With warmest regards and wishes to Italian people on this auspicious occasion Italian National Day, We hope this coming year Bi Literal co-operation between two countries are strengthen and new horizons of economic and social co-operation can be evolved.

Published 02 Jun, 2015 12:00am

Pakistan-Italy bilateral trade relations

The national day of Republic of Italy is celebrated on 2nd of June every year - the day on which The Republic of Italy was born in Year 1946. My heartiest wishes are with the people of Italy on this auspicious occasion. Our two countries are working toget

Published 02 Jun, 2015 12:00am

Message from Acting Consul General, Republic of Italy

On the 69th anniversary of the National Day of Italy, a Republic as young as Pakistan, born and moulded over a two thousand-year long history of civilisations, I am honoured to address the readers of this prestigious newspaper. I avail myself of this oppo

Published 02 Jun, 2015 12:00am

Message from Ambassador of Republic of Italy

It is a honor and pleasure to celebrate today with the people of Pakistan the Italian 69th Republic Day. June 2nd is the day when Italy remembers the institutional referendum held by universal suffrage in 1946, in which the Italian people were called to t

Published 02 Jun, 2015 12:00am

Japan ushers in 'shareholder friendly' reforms

Japan on Monday adopted a corporate governance code that backers hope will usher in a new era of transparency for investors and nudge firms to spend some of their massive cash piles. Long accused of being inattentive to minority and foreign shareholders,

Published 02 Jun, 2015 12:00am

Japan ushers in 'shareholder friendly' reforms

Published 02 Jun, 2015 12:00am

Madoff trustee to recoup $35.4 million from Merkin funds

The trustee seeking money for Bernard Madoff's victims will receive $35.4 million in a settlement with two funds once run by Wall Street hedge fund manager J. Ezra Merkin. According to settlement papers filed late Friday with the US bankruptcy court in Ma

Published 02 Jun, 2015 12:00am

Madoff trustee to recoup $35.4 million from Merkin funds

Published 02 Jun, 2015 12:00am

Currency

Saudi Arabia reserves dip $49 billion from end-2014

Saudi Arabia's foreign currency reserves dropped by $49 billion in the first four months of 2015 following the dive in world oil prices, a report said Monday. The reserves, piled up in the past decade due to high crude prices, dropped from $732 billion at

Published 02 Jun, 2015 12:00am

EU needs 'more leadership' on US free trade deal: commissioner

The European Union's top trade official on Monday said member states needed to show more leadership in persuading citizens about the benefits of a massive and controversial free trade agreement with the United States. "Some of them (EU members) should eng

Published 02 Jun, 2015 12:00am

US consumer spending flat; manufacturing gains some speed

US consumer spending was unexpectedly flat in April as households cut back on purchases of automobiles and continued to boost savings, suggesting the economy was struggling to gain momentum early in the second quarter. But there are signs a rebound from t

Published 02 Jun, 2015 12:00am

CVC takes over German perfume retailer Douglas

Private equity firm CVC Capital Partners on Monday agreed to buy German perfume retailer Douglas from US buyout group Advent and the Kreke family for an undisclosed sum. The Kreke family, which held a 20 percent stake, will reinvest in Douglas through a j

Published 02 Jun, 2015 12:00am

French unemployment hits new record high in April

French unemployment rose to a fresh record high in April, official statistics published Monday showed, with 3.53 million people out of work, a rise of 26,000 compared with the previous month. The news will come as a blow to the government of President Fra

Published 02 Jun, 2015 12:00am

Australia's wan economy needs steady diet of stimulus

Australia's economy likely grew at the slowest pace in over a year last quarter as business spending hit a pothole, while striking weakness in wages means inflation should be no bar to further policy stimulus if needed. The Reserve Bank of Australia (RBA)

Published 02 Jun, 2015 12:00am

World Bank raises 2015, 2016 growth forecasts for Russia

The World Bank said on Monday it expects Russia's economy to contract less sharply than previously thought in 2015, citing a recovery in oil prices in recent months, a stronger rouble and slowing inflation. The bank, which also raised its forecast for 201

Published 02 Jun, 2015 12:00am

World Bank raises 2015, 2016 growth forecasts for Russia

Published 02 Jun, 2015 12:00am

South Korea May exports worst in six years

South Korean exports in May suffered their worst annual fall in nearly six years partly hurt by a persistent slowdown in China, its biggest export market, heightening pressure on policy makers to cut interest rates again. The gloomy shipments data join po

Published 02 Jun, 2015 12:00am

South Korea, China formally sign free trade pact

China and South Korea on Monday formally signed a free trade agreement (FTA) that would remove most tariffs between Asia's largest and fourth-largest economies, whose trade is already worth more than $200 billion. The pact - largely agreed in November and

Published 02 Jun, 2015 12:00am

Currency

Sluggish factory growth puts central bank stimulus in spotlight

Manufacturing activity showed few signs of picking up across Europe, Asia or the Americas in May as demand stayed stubbornly weak, highlighting the need for central banks to continue supporting economic growth. The gloomy business surveys come a little le

Published 02 Jun, 2015 12:00am

UN buys 110,000 tonnes of wheat for Yemen, Djibouti

A United Nations aid agency has recently bought a total 110,000 tonnes of milling wheat to be shipped to Yemen and also the east African state of Djibouti, European traders said on Monday. The purchase comprised 40,000 tonnes of wheat for Yemen and 70,000

Published 02 Jun, 2015 12:00am

Rains boost Ivory Coast cocoa mid-crop

Abundant rains and sunny spells last week in Ivory Coast's main cocoa growing regions could improve the mid-crop harvest, though too much rain risked causing disease farmers said on Monday. The world's top cocoa producer is currently harvesting beans from

Published 02 Jun, 2015 12:00am

US wheat futures jump 3.6 percent

US wheat futures jumped 3.6 percent on Monday, bouncing off of their lowest in nearly three weeks, on a round of short-covering, traders said. "Frankly this market was struggling to go down," Arlan Suderman, senior market analyst at Water Street Solutions

Published 02 Jun, 2015 12:00am

Russian wheat export prices down

Russian wheat export prices declined last week tracking weaker European wheat futures and shrugging off a new wheat export tax, analysts said. Russia, a leading wheat exporter to North Africa and the Middle East, will impose its new wheat export tax on Ju

Published 02 Jun, 2015 12:00am

Cotton

Oil cake market rates

The July vaida was down on the forward cottonseed oilcake market on Monday in the process of trading, dealers said. The July vaida closed at Rs 1849.50 on Saturday and it opened with 30 paisa fall at Rs 1849.20, they said. The December vaida ended at Rs 1

Published 02 Jun, 2015 12:00am

Cotton

Modest trade activity on cotton market

Modest trade activity was seen on the cotton market on Monday as some leading buyers kept on the sidelines due to little interest in fresh buying, dealers said. The official spot rate was inert at Rs 5450, dealers said. In the ready session, over 5000 bal

Published 02 Jun, 2015 12:00am

South Korea seeks to buy 138,000 tonnes of corn

South Korea's largest feedmaker Nonghyup Feed Inc (NOFI) has issued an international tender to purchase up to 138,000 tonnes of yellow corn to be sourced from optional origins, European traders said on Monday. The tender closes on Tuesday, June 2, they sa

Published 02 Jun, 2015 12:00am

Chinese iron ore futures jump four percent

Iron ore futures in China jumped as much as 4 percent on Monday after stockpiles of the raw material at the country's ports fell for the seventh week in a row to the lowest since December 2013 as Chinese steel mills replenished holdings. Limited availabil

Published 02 Jun, 2015 12:00am

Cotton

Lean business on grain market

A sort of dullness prevailed on the wholesale grain market as most of the participants were on the sidelines in the process of trading, dealers said. On the cereals side, Urad Burma was higher by Rs 437 to Rs 12937 due to strong demand, they said. On the

Published 02 Jun, 2015 12:00am

Indian oilseeds, soyaoil rise on monsoon rain delay

Indian oilseeds and soyaoil futures rose on Monday following gains in Malaysian palm oil and as a delay in the onset of monsoon in Kerala raised concerns over production of the summer-sown oilseeds. Malaysian palm oil futures rallied nearly 4 percent to t

Published 02 Jun, 2015 12:00am

Cotton

Daily trading report of PMEX

On Friday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 2.231 billion as compared to PKR 2.203 billion. The number of lots traded were 14,397 and PMEX Commodity Index closed at 2,742. Major business was contributed by crude oil amounting to

Published 02 Jun, 2015 12:00am

US Midwest corn, soyabean bids mixed

Corn and soyabean basis bids at US Midwest locations were mixed on Monday amid quiet farmer sales of both crops, grain dealers said. Some Midwest processors raised their spot soyabean bid 2 cents to 5 cents since late last week, including the big crusher

Published 02 Jun, 2015 12:00am

US Plains HRW wheat bids unchanged

Spot basis bids for hard red winter wheat were flat in the southern US Plains on Friday, and producer sales were thin as K.C. hard red winter wheat futures fell to two-week lows, merchandisers said. Growers were also waiting to see what sort of yields and

Published 02 Jun, 2015 12:00am

Activity at Karachi & Qasim ports

The Karachi Port handled 286,574 tonnes of cargo comprising 196,709 tonnes of import cargo and 89,865 tonnes of export cargo including 4,974 loaded and empty containers during the last 48 hours ending at 0700 hours on Monday. The total import cargo of 196

Published 02 Jun, 2015 12:00am

Qatar's bourse rebounds further; other Gulf markets edge up

Qatar's bourse led gains in the Gulf on Monday as it recovered from a sell-off sparked by the arrests and investigations at world soccer body FIFA last week, while most other markets edged up in low-volume trade. The Qatari benchmark rose 1.1 percent. Fea

Published 02 Jun, 2015 12:00am

Tokyo stocks extend gains

Tokyo stocks rose again Monday, extending the benchmark index's rise to a 12th straight day, its longest in more than a quarter of a century. The Nikkei 225 at the Tokyo Stock Exchange spent much of the day in negative territory before edging up 0.03 perc

Published 02 Jun, 2015 12:00am

Monday's early afternoon trade: US stocks recover gains after mixed economic data

US stocks were higher in afternoon trading on Monday, erasing slender losses in choppy trading earlier in the session, as investors digested a flurry of data that painted a mixed picture on the pace of the economy's recovery. Data from ISM showed that the

Published 02 Jun, 2015 12:00am

Currency

Sri Lankan shares down

Sri Lankan shares ended near a five-week low in thin trade on Monday ahead of a public holiday, while political uncertainty before a parliament election announcement dented sentiment. The main stock index fell 0.35 percent to close at 7,195.19, its lowest

Published 02 Jun, 2015 12:00am

South East Asian stocks mixed

Southeast Asian stock markets traded mixed on Monday with Malaysia posting losses on weak corporate earnings and Philippine stocks extending gains from the previous session. The Malaysian stock index was down 0.24 percent, its lowest closing level since J

Published 02 Jun, 2015 12:00am

Mutual Funds

Key China share index produces biggest one-day rise in 2-1/2 years

China stocks jumped nearly 5 percent on Monday, regaining most of the ground lost in Thursday's sell-off, as investors sitting on growing piles of cash took advantage of that tumble to swoop on shares as a chorus of official media commentary asserted the

Published 02 Jun, 2015 12:00am

Indian shares flat

Indian shares ended broadly unchanged, as hopes the central bank would cut interest rates this week lifted some rate-sensitive firms, but Sun Pharmaceutical Industries slumped after posting disappointing earnings. The Reserve Bank of India is due to hold

Published 02 Jun, 2015 12:00am

European shares steady as oil stocks offset real estate rally

European equities steadied at the close on Monday, with stronger real estate and healthcare offsetting weaker energy stocks, which tracked a sharp drop in crude oil prices. Roche rose 1.3 percent, helping the European healthcare index to rise 1 percent, a

Published 02 Jun, 2015 12:00am

Hong Kong shares rise

Hong Kong stocks rose on Monday, taking cues from a surge in Chinese shares, but the gains were capped by Friday's sluggish US market after disappointing US economic data. China's main indexes jumped nearly 5 percent, as investors were encouraged by marke

Published 02 Jun, 2015 12:00am

Australian shares slip

Australian shares slipped 0.7 percent on Monday, hurt by concerns about economic growth in China, worries that Greece may not make a debt deadline and unimpressive economic data at home. The S&P/ASX 200 index dropped 41.8 points to 5,735.4 at the close of

Published 02 Jun, 2015 12:00am

FTSE falls, with oil and gas stocks a drag

Britain's top equity index stalled on Monday after disappointing domestic economic data pointed to a weak manufacturing outlook, with oil and gas stocks among the biggest fallers. Energy stocks shaved more than 10 points off the bluechip FTSE 100 index, w

Published 02 Jun, 2015 12:00am

Currency

Yuan gains on brightening view of IMF inclusion

China's yuan firmed against the dollar on Monday after the G7 agreed in principle that it would be good to include the currency in the International Monetary Fund's currency basket, traders said. The People's Bank of China (PBoC) set the midpoint rate at

Published 02 Jun, 2015 12:00am

Aussie, New Zealand dollar bounce off multi-week troughs

The Australian and New Zealand dollars bounced off multi-week troughs versus the euro on Monday on persistent worries about Greece but held near lows against their US counterpart. The euro fell to A$1.4313, from a two-month peak of A$1.4386. It has slippe

Published 02 Jun, 2015 12:00am

Currency

Euro pressured by Greek worries in Asia

The euro was on the defensive on Monday after Greece missed a self-imposed Sunday deadline for reaching an agreement with its lenders to unlock aid, keeping alive fears of a debt default. The euro eased 0.4 percent to $1.0952, retreating from Friday's hig

Published 02 Jun, 2015 12:00am

Early trade in New York: dollar rallies against majors

The US dollar advanced against major currencies on Monday after stronger-than-expected data on US manufacturing activity and construction spending, while mounting worries of a Greek default contributed to the euro's weakness. Reports on Monday showed US m

Published 02 Jun, 2015 12:00am

Currency

Euro falls as Greece deadlock remains

The euro fell on Monday after Greece failed to meet a self-imposed Sunday deadline for reaching an agreement with its lenders to unlock aid, keeping alive fears of a debt default and possibile exit from the euro zone. Athens and its euro zone and Internat

Published 02 Jun, 2015 12:00am

Bangladesh's interbank forex and interest rates

Interbank buy/sell rates for the taka against the dollar on Monday. 77.80-77.80 (previous 77.80-77.80). Call Money Rates: 05.30-6.75 percent (* Previous 05.25-06.75 percent). (* revised).

Published 02 Jun, 2015 12:00am

Currency

Asia FX hit by worries on Greek debt, China growth

Emerging Asian currencies lost ground on Monday as Greek debt worries depressed sentiment, while South Korea's won slipped to a 10-week low as gloomy exports data heightened expectations of another rate cut. Regional currencies were also hobbled by survey

Published 02 Jun, 2015 12:00am

Currency

Indonesia's central bank relaxes forex rules to bolster domestic market

Indonesia's central bank on Monday relaxed some of its foreign exchange regulations to bolster and deepen the country's domestic foreign exchange market. Among the changes, Bank Indonesia relaxed a requirement that banks had to monitor and manage their ne

Published 02 Jun, 2015 12:00am

Currency

Sterling hits three-week low

Sterling fell to a three-week low against the dollar on Monday, erasing all the gains it had made since last month's national election, after data showed the British manufacturing sector grew at a much slower pace than expected in May. The Markit/CIPS man

Published 02 Jun, 2015 12:00am

Currency

Russian rouble, bonds slump

Russia's rouble slumped on Monday and bonds fell after the central bank suspended its one-year forex repo auctions, another signal that policymakers are concerned that a recent rouble rally has gone too far. Moscow-listed shares, meanwhile, were mixed aft

Published 02 Jun, 2015 12:00am

Currency

Sri Lanka's rupee forwards up

Sri Lankan rupee forwards ended firmer on Monday as the spot currency started to trade after the island nation raised nearly $1 billion from bond sales in the previous week, with the local currency seen holding steady amid further expected inflows. Sri La

Published 02 Jun, 2015 12:00am

Rain stymies New Zealand's victory bid

New Zealand's hopes of forcing a series-levelling win in the second Test against England were dealt a blow after rain washed out most of the fourth day's play at Headingley on Monday. The Black Caps thrashed England's bowlers for quick runs to leave the h

Published 02 Jun, 2015 12:00am

MTFA football summer camp 2015 begins

Promising footballers of Lahore will show their skill when ninth Model Town Football Academy (MTFA) Football summer camp 2015 for Boys and Girls will begin at the MTFA Ground, Model Town, on Tuesday (Today). "As a footballer, the best I can do for youth i

Published 02 Jun, 2015 12:00am

Successful tour of Zimbabwe: Sri Lanka, Bangladesh teams likely to visit Pakistan

Cricket teams of Sri Lanka and Bangladesh have hinted to visit Pakistan in near future, Punjab Minister for Sports, Rana Mashhood Ahmad Khan said. Rana has congratulated the whole nation, national cricket team, administration and security agencies at succ

Published 02 Jun, 2015 12:00am

UK says open to alternative World Cup

Britain could back the holding of an alternative football World Cup but only with the support of European partners following last week's arrest of FIFA officials, a government minister said Monday. John Whittingdale - Culture, Media and Sport Minister - t

Published 02 Jun, 2015 12:00am

FA official quits FIFA role in Blatter protest

One of the English Football Association's two independent directors has resigned from FIFA's anti-discrimination task force following Sepp Blatter's re-election as president of world football's global governing body. Heather Rabbatts said the corruption c

Published 02 Jun, 2015 12:00am

Asia-Pacific remains firmly behind embattled Blatter

There were a few fissures but no major cracks apparent in FIFA president Sepp Blatter's bedrock of Asia-Pacific support as officials began returning to the region from the annual congress of soccer's world governing body over the weekend. Asia's 47-nation

Published 02 Jun, 2015 12:00am

ICC President's office Sethi withdraws nomination

The former Pakistan Cricket Board (PCB) chairman and sitting member of the Board of Governors has withdrawn his nomination to the International Cricket Council presidency and also told the board to pick "a great Pakistani" ex-Test cricketer in his place.

Published 02 Jun, 2015 12:00am

Federer, Murray sweep into quarters

Roger Federer and Andy Murray swept into the French Open quarter-finals Monday as the tournament waited to see if Rafael Nadal and Novak Djokovic could tee-up a Paris blockbuster. Second seed Federer, the 2009 champion, made the last eight for the 11th ti

Published 02 Jun, 2015 12:00am

Serena survives but Sharapova sent packing in Paris

Defending champion Maria Sharapova was sent packing from the French Open at the fourth-round stage on Monday, but top seed Serena Williams survived a scare to seal her quarter-final place. Sharapova, seeded two, was beaten in straight sets 7-6 (7/3), 6-4

Published 02 Jun, 2015 12:00am

Over $72 million dry milk powder imported since 2010: Pakistan's reliance on 'protectionist' India growing

The Government of Pakistan whereas appears to have little or no attention towards the prevailing alarming situation, the ever-increasing imports of dry milk powder from neighbouring India, the industry stakeholders apprehend, are putting to risk the survi

Published 02 Jun, 2015 12:00am

Increased tobacco use a serious health threat: expert

Increasing tobacco use in Pakistan is a serious health threat, as it kills six million people globally every year. Pakistan is one of the four countries, which has witnessed a rapid increase in tobacco market and the issue needs to be addressed immediatel

Published 02 Jun, 2015 12:00am

Labourer stabbed to death in Shorkot

A labourer was stabbed to death by his colleague over petty dispute here on Monday. The incident took place in a flour mill located at Multan Road in Shorkot where a labourer after exchange of hot words with another labourer killed him with sharp edged we

Published 02 Jun, 2015 12:00am

Zulfiqar Mirza granted permission to travel abroad

District and Sessions Court on Monday has granted permission to former Home Minister Zulfiqar Mirza to travel abroad. In an application, Mirza requested the court that he should be allowed to travel abroad on account of medical treatment. After listening

Published 02 Jun, 2015 12:00am

Row over boat engine: Turkish shipbuilder rejects PQA's observation

Sanmar Denizcilik, a Turkish shipbuilding firm, has taken a strong exception to the Port Qasim Authority's (PQA) 'presumptuous observation' that the $2.2 million pilot boat it had supplied to the port operator in May 2013 had a refurbished caterpillar eng

Published 02 Jun, 2015 12:00am

Hesco urged to address consumers' complaints

PPP Senator Aijaz Dhamrah has urged Hesco authority to timely address consumers' complaints and make complaint centres fully functional at once. A delegation comprising of President Qasimabad Tajir Association, Haji Rasool Bux; President Divisional Youth

Published 02 Jun, 2015 12:00am

PBIF urges FBR to release refunds to exporters

Pakistan Businessmen and Intellectuals Forum (PBIF) President Mian Zahid Hussain has urged upon the Federal Board of Revenue (FBR) to early release refunds to exporters. He also said that the taxpayers should undergo only one audit, as according to him mu

Published 02 Jun, 2015 12:00am

Milk powder importers seek big cut in duty

Milk power importers and processors have sought the assistance of Karachi Chamber of Commerce and Industry (KCCI) in convincing the government to reduce import duty on skimmed milk, whey milk and fat filled milk from the existing 25 percent to 15 percent

Published 02 Jun, 2015 12:00am

Multiple sclerosis issue highlighted

World MS Day, that falls in May every year, unites MS organisations globally to helps raise awareness about multiple sclerosis and those living with MS to improve public understanding and support that will move us closer to a world free of MS, said Afroz

Published 02 Jun, 2015 12:00am

Cotton

Farmers advised to prepare land for timely cotton sowing

The Met Office on Monday advised the farmers of Sindh and Southern Punjab to prepare their land for timely cotton sowing after wheat crop harvesting. "Farmers of Southern Punjab and Sindh are advised to prepare land for cotton in time so that best grains

Published 02 Jun, 2015 12:00am

HRCP slams violence, curbs on women

While welcoming the conclusion of local government elections in Khyber Pakhtunkhwa, the Human Rights Commission of Pakistan (HRCP) has expressed its concern that the right of women to cast their vote continued to be denied and the arrangements made for th

Published 02 Jun, 2015 12:00am

KP LB polls Candidates allege rigging

Candidates of local bodies' polls have alleged massive rigging in May 30 elections and demanded of the Election Commission of Pakistan (ECP) to declare it null and void to hold re-polling in their respective union councils. Addressing a news conference he

Published 02 Jun, 2015 12:00am

Kausar Ghee Mills launches 'Hum Ahang' in Karachi

Kausar Ghee Mills recently launched their exclusive "Hum Ahang" trade scheme in Karachi. Respectable traders and shopkeepers of Karachi turned up in great numbers at a ceremony. The participants were briefed about the wide-range of products of Kausar Bana

Published 02 Jun, 2015 12:00am

US Consulate presents American film showcase

US Consulate Karachi invited Hollywood directors Martha Mitchell and Andy Merkin to visit Pakistan as part of the US Department of State's American Film Showcase in partnership with the University of Southern California's Film School, Hunerkada College of

Published 02 Jun, 2015 12:00am

$46 billion Chinese package: $33 billion to be spent on energy projects: Shahbaz

Chief Minister Punjab Shahbaz Sharif Monday said that $33 billion of the $46 billion Chinese package would be spent on power projects to overcome power shortage/loadshedding in the country. "Gaddani power project is not being shelved, but we were unable t

Published 02 Jun, 2015 12:00am

Victim's father withdraws FIR against Mian Iftikhar

The case of Pakistan Tehreek-e-Insaf (PTI) worker's killing in Nowshera took a new twist on Monday when the victim's father denied senior ANP leader Mian Iftikhar Hussain's involvement in the murder. The complainant Sher Alam father of deceased Habibullah

Published 02 Jun, 2015 12:00am

First 'harsh' letter to Pakistan What is behind Ghani's 'desperation'?

The Afghan President Ashraf Ghani's recent letter to civil and military leadership to take "practical steps" to clamp down on Taliban is the outcome of immense pressure on President Ghani following a series of deadly terrorist attacks in his country. Subs

Published 02 Jun, 2015 12:00am

First 'harsh' letter to Pakistan What is behind Ghani's 'desperation'?

Published 02 Jun, 2015 12:00am

Cotton

17 percent GST to be levied on poultry, cattle feed

The government has decided to impose a standard rate of 17 percent sales tax on poultry feed and cattle feed; incinerators for disposal of waste and its management, motorised sweepers/snow ploughs and re-importation of foreign origin goods, which were tem

Published 02 Jun, 2015 12:00am

11 suspects held in Tando Allahyar

Sindh Rangers arrested 11 culprits during crackdown and recovered huge cache of arms here on Monday. Spokesman of Sindh Rangers said that the paramilitary troops launched search operation in different areas of Tando Allahyar. During action, the Rangers ar

Published 02 Jun, 2015 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 1	277.78
USD PKR Interbank Buying / Nov 1	277.68
USD to Japanese Yen / Nov 1	153.01
USD to Swiss Franc / Nov 1	0.87
Pound Sterling to USD / Nov 1	1.29
Euro to USD / Nov 1	1.08

Stock	Volume
S&P 500 / Nov 1	5,728.80
India Sensex / Nov 1	79,724.12
Tokyo Nikkei / Nov 1	38,053.67
Nasdaq / Nov 1	18,239.92
Hang Seng / Nov 1	20,506.43
FTSE 100 / Nov 1	8,177.15
Dow Jones / Nov 1	42,052.19
Germany DAX 30 / Nov 1	19,254.97

Item	Value
Crude Oil USD/Barrel / Nov 1	69.49
Karachi Cotton PKR/37.32 KG / Nov 1	18,085
Gold 10 Grams PKR / Nov 1	244,084
Gold Spot USD/Ounce / Nov 1	2,736.53
Cotton US¢/pound / Nov 1	70.17
Petrol/Litre / Nov 2	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 2 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Nov 2 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Nov 2 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Nov 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 2 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Nov 2 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Nov 2 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Nov 2 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Nov 2 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Nov 2 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Nov 2 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Nov 2 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Nov 2 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Nov 2 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Nov 2 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Nov 2 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Nov 2 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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