News Archives for Print - 2015-09-16

Print - 2015-09-16

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 Tuesday (September 15, 2015).

Published 16 Sep, 2015 12:00am

Bangladesh relish chance against new-look Aussies

Bangladesh captain Mushfiqur Rahim said his side faces its best chance yet of defeating Australia with the visitors fielding a relatively inexperienced side for the Test series next month. Australia is grappling with huge changes after ex-skipper Michael

Published 16 Sep, 2015 12:00am

Barca hail 'incomparable' Messi ahead of 100th appearance

Barcelona coach Luis Enrique and defender Jordi Alba hailed "incomparable" Lionel Messi as the Spanish league giants look to take the first step towards the defence of their Champions League crown against Roma on Wednesday. Barcelona, 3-1 winners over Juv

Published 16 Sep, 2015 12:00am

Sethi upbeat with grand success of PSL

The head of inaugural Pakistan Super league (PSL) Najam Sethi was upbeat about the grand success in presence of some big names from across the globe. With the big names international cricket, ready to participate in the PSL, is swelling with every passing

Published 16 Sep, 2015 12:00am

Liverpool set up academy in Emirates

Former European champions Liverpool are setting up a full-time coaching programme for schools in the United Arab Emirates, the club announced on Tuesday. "The youth coaching project, which will initially focus on schools in Dubai, will officially start fr

Published 16 Sep, 2015 12:00am

Troubled South American confederation approves reform plan

South America's troubled soccer confederation CONMEBOL has approved a reform plan after it was caught up in the corruption scandal that has swept the sport and plunged governing body FIFA into crisis. CONMEBOL said its executive committee had approved a "

Published 16 Sep, 2015 12:00am

Payet's double helps Bilic torment McClaren again

Dimitri Payet ensured Slaven Bilic enjoyed another memorable evening at Steve McClaren's expense as West Ham cruised to a 2-0 win over struggling Newcastle on Monday. Almost eight years after Bilic's Croatia earned a 3-2 win at Wembley that ended McClaren

Published 16 Sep, 2015 12:00am

Outspoken Maradona hits out at Platini, Blatter

Former Argentina superstar Diego Maradona on Tuesday blasted FIFA president Sepp Blatter and his UEFA counterpart Michel Platini, who is bidding to succeed the Swiss as head of world football, as two of a kind. "I'm outside all that because someone called

Published 16 Sep, 2015 12:00am

Aussie holds gains

The Australian and New Zealand dollars held recent gains on Tuesday with markets reluctant to make big bets ahead of a important policy meeting by the US Federal Reserve later in the week. The Australian dollar stood at $0.7125, having defied sliding comm

Published 16 Sep, 2015 12:00am

Currency

Sterling falls against dollar

Sterling fell against the dollar on Tuesday after data showed UK inflation fell back to zero in August, while investors eyed a US Federal Reserve meeting that could see interest rates hiked for the first time in almost a decade. Bank of England policymake

Published 16 Sep, 2015 12:00am

Currency

Sri Lankan rupee at record low

The Sri Lankan rupee weakened 0.3 percent on Tuesday, hitting a record low for a third session in a row due to importer dollar demand, although some exporter conversions of dollars capped the fall, dealers said. The spot rupee ended at 140.25/35 per dolla

Published 16 Sep, 2015 12:00am

Currency

Asian forex: safe-haven bids shine Singapore dollar

The Singapore dollar rose to the highest in more than two weeks on safe-haven demand, while most emerging Asian currencies turned weaker as Chinese stocks fell and caution set in ahead of the US Federal Reserve's interest rate decision. Indonesia's rupiah

Published 16 Sep, 2015 12:00am

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Tuesday. 77.80-77.80 (previous 77.80-77.80). Call Money Rates: 05.30-6.50 percent (Previous 05.25-06.50 percent).

Published 16 Sep, 2015 12:00am

Currency

Dollar stays close to three-week low in New York

The dollar held close to a three-week low against a basket of major currencies on Monday in advance of this week's Federal Reserve meeting, as investors bet interest rates would be kept at their record lows until at least December. The greenback has retre

Published 16 Sep, 2015 12:00am

Currency

Early trade in New York: yen gains as BoJ offers no hint on more stimulus

The yen rose on Tuesday after the Bank of Japan refrained from further monetary stimulus, as expected, while the dollar hovered close to a three-week low against a basket of currencies a day before the Federal Reserve begins a two-day policy meeting.

Published 16 Sep, 2015 12:00am

Currency

Yen gains in Europe after BoJ stands pat

The yen rose on Tuesday after the Bank of Japan held off on expanding its stimulus programme, with Governor Haruhiko Kuroda maintaining his optimism about the country's economic outlook. The outcome was expected, but some market players had hoped for a su

Published 16 Sep, 2015 12:00am

Currency

Yen edges up in Asia

The yen ticked up on Tuesday after the Bank of Japan refrained from expanding its stimulus while the Australian dollar briefly hit a two-week high after the ruling party ousted unpopular prime minister Tony Abbott in a leadership challenge. In a knee-jerk

Published 16 Sep, 2015 12:00am

Currency

Yuan stays flat

China's yuan barely moved against the dollar on Tuesday, shrugging off foreign exchange sales data from Chinese banks on Monday which showed how capital outflows intensified after the yuan's devaluation last month. The People's Bank of China set the midpo

Published 16 Sep, 2015 12:00am

FTSE 100 turns higher

Britain's top equity index turned higher in thin trade on Tuesday, as a strong start to trade on Wall Street helped lift mining stocks off their lows, including Glencore, which hit another all-time trough early in the day. The bluechip FTSE 100 index clos

Published 16 Sep, 2015 12:00am

Currency

Southeast Asian markets: Indonesia snaps rising streak

Indonesia's key stock index snapped a two-day rising streak on Tuesday amid a fall in the rupiah and foreign-led selling while Southeast Asian stock markets were mixed a day before the US Federal Reserve's decision on interest rates. Bank Indonesia's gove

Published 16 Sep, 2015 12:00am

Australian shares hit three-week low

Australian shares tumbled to a three-week low on Tuesday as the emergence of Malcolm Turnbull as prime minister elect failed to inspire investors, and falling commodity prices sent resources lower. The changeover of futures contracts set to expire on Sept

Published 16 Sep, 2015 12:00am

European shares higher, helped by Wall Street

European shares closed higher on Tuesday, helped by a positive start at Wall Street, but with German energy firms RWE and E.ON lower after a report they needed to set aside more money to shut down nuclear power plants. Volumes remained thin as investors w

Published 16 Sep, 2015 12:00am

Indian stocks lower

Indian stocks eased on Tuesday as weak Chinese markets amplified risk aversion ahead of the US Federal Reserve's meeting on interest rates this week. Indian stocks offset initial slight gains from data showing consumer inflation easing to the lowest on re

Published 16 Sep, 2015 12:00am

Nikkei slightly up

The Nikkei share average rose on Tuesday as the Bank of Japan's two-day policy meeting concluded without any surprise decisions and food companies rallied on reports of a merger between two major meat processors. The Nikkei share average ended up 0.3 perc

Published 16 Sep, 2015 12:00am

Treasuries mostly flat

US Treasuries prices were mostly flat on Monday on hesitation ahead of a two-day Federal Reserve policy meeting and on views that foreign central banks could continue selling US government debt to strengthen their currencies. The Federal Open Market Commi

Published 16 Sep, 2015 12:00am

Treasuries mostly flat

Published 16 Sep, 2015 12:00am

Sri Lankan shares down

Sri Lankan shares edged down on Tuesday led by losses in diversified shares as investors turned cautious amid a weakening rupee and high interest rates. The main stock index ended down 0.14 percent at 7,152.43. Turnover stood at 613.5 million rupees ($4.3

Published 16 Sep, 2015 12:00am

Currency

Wall Street pushed down by Fed jitters, weak China data

US stocks closed down on Monday as many investors put off making big bets ahead of the Federal Reserve's policy meeting this week and others worried about weak economic data from China. Stocks are expected to stay volatile ahead of a Federal Reserve annou

Published 16 Sep, 2015 12:00am

Tuesday's early afternoon trade: stocks higher in cautious trading ahead of Fed

US stocks extended their gains in cautious trading on Tuesday after data showed retail sales continued to climb in August, strengthening the case for an interest rate increase when the Federal Reserve meets this week. Analysts said an interest rate hike -

Published 16 Sep, 2015 12:00am

China stocks extend week's slide to about six percent on economy worries

China shares extended this week's losses to roughly 6 percent on Tuesday as investors worried about the slowing economy. Stocks fell across the board for a second day even after China's securities regulator tried to soothe investors late on Monday by sayi

Published 16 Sep, 2015 12:00am

Hong Kong shares fall

Hong Kong shares gave up early gains and ended Tuesday lower, with investor sentiment subdued by slumping mainland stocks. The Hang Seng index fell 0.5 percent, to 21,455.23, while the China Enterprises Index lost 0.3 percent, to 9,704.27 points. Trading

Published 16 Sep, 2015 12:00am

Egypt's index extends rally, Etisalat lifts Abu Dhabi

Egypt's stock market rose for a third day in a row on Tuesday, supported by foreign inflows, while Gulf markets were mixed as oil prices remained volatile. The Cairo index edged up 0.2 percent as Commercial International Bank, the country's biggest listed

Published 16 Sep, 2015 12:00am

Currency

China seizes up to $157 billion of unspent local government budgets

Angry Chinese authorities have seized up to 1 trillion yuan ($157 billion) from local governments who failed to spend their budget allocations, sources said, as Beijing seeks ways to stimulate economic growth which is at its slowest for 25 years. The huge

Published 16 Sep, 2015 12:00am

Cooling inflation in India boosts expectations for more rate cuts

India's inflation dived to a new low in August, helped by falling global commodity prices, bolstering prospects of an interest rate cut by the central bank later this month. Retail inflation, which the central bank tracks to set rates, eased to 3.66 perce

Published 16 Sep, 2015 12:00am

Glencore to keep most staff at DR Congo mine despite suspending production

Swiss mining giant Glencore, which announced last week drastic moves to cut its debt as the slump in commodities prices bites, said Monday it would keep 80 percent of staff on at a DR Congo mine despite suspending production there. Glencore said its Katan

Published 16 Sep, 2015 12:00am

Record cashew crop gives fragile Guinea-Bissau economic reprieve

A record cashew harvest in Guinea-Bissau is helping shore up government finances, the IMF and a former finance minister said, allaying concerns of an economic collapse following a month-long political crisis. President Jose Mario Vaz dismissed his cabinet

Published 16 Sep, 2015 12:00am

Finnish unions to band together in huge anti-austerity strike

At least 20 Finnish employee unions have announced plans to join a massive strike set for Friday against the government's harsh austerity measures, from cutting back holidays to slashing overtime pay, officials said on Monday. The influential Transport Wo

Published 16 Sep, 2015 12:00am

US consumer spending rising solidly; manufacturing still weak

US consumer spending grew at a fairly healthy pace over the past two months, but factory production slipped in August, providing the Federal Reserve a mixed picture of the economy ahead of a rate-setting meeting later this week. The Commerce Department sa

Published 16 Sep, 2015 12:00am

French hotel group aims to operate in Iran 'for 20 years'

French hospitality giant AccorHotels, the first Western hotel group to enter the Iranian market after a landmark nuclear deal, said Tuesday it hoped to be in the country "for the next 20 years". In an interview with AFP, chief executive Sebastien Bazin sa

Published 16 Sep, 2015 12:00am

US regulators bar sales of four kinds of cigarettes

US regulators on Tuesday ordered tobacco giant RJ Reynolds to stop selling and distributing four kinds of cigarettes because they are too different from previously approved cigarettes. The four products are Camel Crush Bold, Pall Mall Deep Set Recessed Fi

Published 16 Sep, 2015 12:00am

China steps on the gas to spark economy, fiscal spending jumps 26 percent

China cranked up its fiscal spending by 26 percent in August from a year earlier as Beijing tries to re-energise flagging economic growth and convince reluctant local officials to spend. August data over the past week suggested the world's second-largest

Published 16 Sep, 2015 12:00am

China vows to loosen market access 'negative list'

China's economy must open wider to the world to fuel national growth, President Xi Jinping said on Tuesday, as the country's reformers vowed to gradually loosen a "negative list" regulating foreign market access. China has repeatedly pledged to slacken re

Published 16 Sep, 2015 12:00am

BoJ stands pat, Kuroda says Japan can weather hit from China slowdown

Bank of Japan Governor Haruhiko Kuroda voiced confidence on Tuesday that the economy can weather the hit from China's slowdown and weak demand in the rest of Asia, suggesting that he sees no immediate need to expand stimulus further. But he reiterated the

Published 16 Sep, 2015 12:00am

Eurozone trade surplus up, on rising exports, cheap energy

The eurozone's trade surplus with the rest of the world jumped year-on-year in July as exports surged 7 percent while imports increased by only 1 percent because of much cheaper imported energy, the European Union's statistics office data showed.

Published 16 Sep, 2015 12:00am

Ifo sees German current account surplus hitting record high in 2015

Germany's current account surplus may hit a new record of 250 billion euros ($283 billion) in 2015, the Ifo think-tank said on Tuesday, prompting grumbling elsewhere in Europe, where policymakers want Berlin to boost demand to help their export sectors. T

Published 16 Sep, 2015 12:00am

Sky completes Sky Deutschland take-over

European pay-TV broadcaster Sky has taken full control of Sky Deutschland after buying the remaining stock that it did not already own, the media giant said Tuesday. Sky said in a statement it has agreed to buy the 4.0-percent stake for 6.68 euros per sha

Published 16 Sep, 2015 12:00am

Currency

Nine of world's biggest banks join to form blockchain partnership

Nine of the world's biggest banks including Goldman Sachs and Barclays have joined forces with New York-based financial tech firm R3 to create a framework for using blockchain technology in the markets, the firm said on Tuesday. It is the first time banks

Published 16 Sep, 2015 12:00am

British inflation rate falls back to zero

Britain's annual inflation rate fell back to zero in August, as the cost of clothes rose at a slower pace compared with a year earlier, official data showed on Tuesday. Last month's 12-month inflation rate compared with 0.1 percent in July, dragged lower

Published 16 Sep, 2015 12:00am

Brazil unveils $17 billion in taxes

Brazil's government announced spending cuts and tax increases totalling 65 billion reais ($16.9 billion) on Monday as it scrambles to close a budget deficit that led to a downgrade of the country's credit rating last week. The biggest item was the revival

Published 16 Sep, 2015 12:00am

China clouds European optimism as IAA auto show opens

Leading carmakers boasted at the IAA auto show in Frankfurt on Tuesday about resurgent sales in Europe but said they were keeping a close eye on slowing demand in China. The organisers, the German carmakers' association VDA, said the IAA's 66th edition pr

Published 16 Sep, 2015 12:00am

Cotton

Grams rates fall on grain market

Prices of grams were down on the grain market on Tuesday in the process of modest trading, dealers said. On the grams sector, gram Australia No 1 shed Rs 100 to Rs 8400, grams Australian Dall No 2 lost Rs 300 to Rs 9000, grams 50x50 fell by Rs 250 to Rs 8

Published 16 Sep, 2015 12:00am

US Midwest corn, soyabean bids lower

Spot corn and soyabean basis bids were mostly steady to lower around the US Midwest on Monday as futures climbed and as processors and elevators awaited an influx of newly harvested crops, grain merchants said. Stronger Chicago Board of Trade futures mark

Published 16 Sep, 2015 12:00am

Cotton

Cotton market: relief package may help revive trade activity

Moderate trading activity was seen on the cotton market on Tuesday amid announcement of mega package for farmers by the Prime Minister Nawaz Sharif, dealers said. The official spot rate maintained overnight level at Rs 4,700, dealers said. Seed cotton pri

Published 16 Sep, 2015 12:00am

Cotton

Oil cake market rates

Futures were unchanged on the forward cottonseeds oilcake market on Tuesday in the process of trading, dealers said. The December vaida closed at Rs 1306.30, opened with no change in the early session, dealers said. The January vaida closed at Rs 1451.00

Published 16 Sep, 2015 12:00am

Karachi Port's activities

The Karachi Port handled 77,896 tonnes of cargo comprising 45,281 tonnes of import cargo and 32,615 tonnes of export cargo including 5,141 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday. The total import cargo of 45,2

Published 16 Sep, 2015 12:00am

EU wheat futures rise on rally in Chicago

European wheat futures rose on Monday, tracking a rally in Chicago, as short-covering and spillover support from corn prices offset pressure from swelling global supply. December milling wheat on the Paris-based Euronext market was up 3.00 euros or 1.8 pe

Published 16 Sep, 2015 12:00am

CBOT wheat futures rise to 2-1/2-week high

Wheat futures on the Chicago Board of Trade set a 2-1/2-week high on Monday, rising more than 3 percent on technical buying that appeared to include fund short-covering, traders said. CBOT wheat rose for a fifth session out of the last six, after falling

Published 16 Sep, 2015 12:00am

US natural gas futures rise on continued warm forecasts

US natural gas futures climbed over 2 percent on Monday on forecasts for continued above normal temperatures over the next two weeks, expected to keep power demand for air conditioning high during that time. Front-month gas futures on the New York Mercant

Published 16 Sep, 2015 12:00am

Vietnam's coffee prices edge up, but demands thin

Coffee prices in Vietnam edged up this week in line with a gain in futures contracts but remain below growers' expectations, while foreign buying demand has yet to pick up, traders said. That has left a large gap between bids and offers, with few beans ch

Published 16 Sep, 2015 12:00am

Philippines' rice stocks fall in August

Rice stocks in the Philippines, one of the world's top importers, shrank for a third straight month in August, government data showed on Friday, following a decline in the domestic harvest due to El Nino-induced dry weather. Total stocks as of August 1 st

Published 16 Sep, 2015 12:00am

Cotton

Daily trading report of PMEX

On Monday, at Pakistan Mercantile Exchange (PMEX) value traded was PKR 3,984 million. The number of lots traded was 21.92 million. PMEX Commodity Index was closed at 2,483. Major business was contributed by gold amounting to PKR 3,513 million. This was fo

Published 16 Sep, 2015 12:00am

WHAT IS THE OZONE LAYER?

The ozone layer is a layer in the Earth's atmosphere containing high concentrations of ozone. It is typically said to exist between about 20 and 30km above the Earth's surface, but it does not have definite edges. You can see this on the ozone map. Each w

Published 16 Sep, 2015 12:00am

HOW HAVE HUMANS AFFECTED THE OZONE LAYER?

Since the mid-1970s scientists have been concerned about the harmful effects of certain Chlorofluorocarbons (CFCs) on the ozone layer. These CFC compounds are relatively inert and nontoxic, and humans found a use for them as cooling agents in refrigerator

Published 16 Sep, 2015 12:00am

A LITTLE BIT ABOUT ATMOSPHERIC LAYERS

The troposphere is the layer of the atmosphere closest to the earth. It extends from the ground to approximately 12km above sea level (though this varies with latitude and with the seasons). It contains around 75% of all the air in the atmosphere, and aro

Published 16 Sep, 2015 12:00am

Guest Profiles

Sartaj Aziz: Adviser to the Prime Minister on Foreign Affairs and National Security (2013 - Present) Former Minister of Foreign Affairs (1998-1999) Sartaj Aziz is a development economist and obtained a degree in commerce f

Published 16 Sep, 2015 12:00am

Regional cooperation is no zero-sum game: Dr Ishrat Hussain

BR Research: What is the objective of the Foreign Ministers' Forum?

Published 16 Sep, 2015 12:00am

IBA: Celebrating 60 years

Over the years, IBA has carved a niche in the Education sector imparting quality education in a rigorous model of expecting nothing but the best from its students. The gruelling workload and active lifestyle of IBA's students have become synonymous with q

Published 16 Sep, 2015 12:00am

Aaj TV - Wednesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 16 Sep, 2015 12:00am

New York cotton

The fluctuations observed during the day:

Published 16 Sep, 2015 12:00am

New York cotton

The fluctuations observed during the day:

Published 16 Sep, 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 16 Sep, 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 16 Sep, 2015 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (September 15, 2015).

Published 16 Sep, 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 Tuesday (September 15, 2015).

Published 16 Sep, 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 Tuesday (September 15, 2015).

Published 16 Sep, 2015 12:00am

Libor

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Tuesday (September 15, 2015).

Published 16 Sep, 2015 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Tuesday (September 15, 2015).

Published 16 Sep, 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 Tuesday (September 15, 2015).

Published 16 Sep, 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 Tuesday (September 15, 2015).

Published 16 Sep, 2015 12:00am

EFU GUARANTEED GROWTH FUND RATES

EFU Guaranteed Growth Fund Rates on Tuesday (September 15, 2015).

Published 16 Sep, 2015 12:00am

SBP allows Rs 1.5 billion financing for power company

The State Bank of Pakistan (SBP) has allowed banks and DFIs up to Rs 1.5 billion financing for power company, established as a wholly owned subsidiary of the eligible export oriented company to meet its power requirements. The SBP has already allowed fina

Published 16 Sep, 2015 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Tuesday (September 15, 2015).

Published 16 Sep, 2015 12:00am

SBP allows Rs 1.5 billion financing for power company

Published 16 Sep, 2015 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Tuesday (September 15, 2015).

Published 16 Sep, 2015 12:00am

SBP allows Rs 1.5 billion financing for power company

Published 16 Sep, 2015 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Tuesday (September 15, 2015).

Published 16 Sep, 2015 12:00am

SBP allows Rs 1.5 billion financing for power company

Published 16 Sep, 2015 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Tuesday (September 15, 2015).

Published 16 Sep, 2015 12:00am

World Bank warns of more turbulence from Fed tightening

The World Bank warned Tuesday that monetary policy tightening by the Federal Reserve could spur a "perfect storm" of threats to growth and financial stability in developing economies. Regardless of whether the Fed begins raising interest rates at this wee

Published 16 Sep, 2015 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Tuesday (September 15, 2015).

Published 16 Sep, 2015 12:00am

World Bank warns of more turbulence from Fed tightening

Published 16 Sep, 2015 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Tuesday (September 15, 2015).

Published 16 Sep, 2015 12:00am

World Bank warns of more turbulence from Fed tightening

Published 16 Sep, 2015 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Tuesday (September 15, 2015).

Published 16 Sep, 2015 12:00am

Government offer spurned by APTMA: Abbasi

The Ministry of Petroleum and Natural Resources has offered Textile Industry round-the-clock supply of electricity at 9 cents per unit in case the industry stops using natural gas. Federal Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi

Published 16 Sep, 2015 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Tuesday (September 15, 2015).

Published 16 Sep, 2015 12:00am

Government offer spurned by APTMA: Abbasi

Published 16 Sep, 2015 12:00am

EFU GUARANTEED GROWTH FUND RATES

EFU Guaranteed Growth Fund Rates on Tuesday (September 15, 2015).

Published 16 Sep, 2015 12:00am

Government offer spurned by APTMA: Abbasi

Published 16 Sep, 2015 12:00am

Volatility persists

Karachi Stock Exchange witnessed another volatile session Tuesday as the benchmark KSE-100 index shed 193 points to close at 33,191 points down from 33,384 points. Ahsan Mehanti, analyst at Arif Habib said stocks closed bearish post major earning announce

Published 16 Sep, 2015 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 7	279.10
USD PKR Interbank Buying / Feb 7	278.90
USD to Japanese Yen / Feb 7	151.83
USD to Swiss Franc / Feb 7	0.91
Pound Sterling to USD / Feb 7	1.24
Euro to USD / Feb 7	1.04
UK LIBOR % / Feb 6	4.96

Stock	Volume
S&P 500 / Feb 6	6,083.57
Nasdaq / Feb 6	19,791.99
Dow Jones / Feb 6	44,747.63
India Sensex / Feb 7	77,690.12
Tokyo Nikkei / Feb 7	38,787.02
Hang Seng / Feb 7	21,133.54
FTSE 100 / Feb 7	8,720.64
Germany DAX 30 / Feb 7	21,935.62
France CAC40 / Feb 7	8,010.74

Item	Value
Karachi Cotton PKR/37.32 KG / Feb 6	18,285
Gold 10 Grams PKR / Feb 6	256,087
Petrol/Litre / Feb 7	257.13
Crude Oil USD/Barrel / Feb 7	71.16
Gold Spot USD/Ounce / Feb 7	2,864.56
Diesel/Litre / Feb 7	267.95
Cotton US¢/pound / Feb 7	66.40

Gainers
Losers
Leaders

Stock	Price
Tri-Star Mutual / Feb 7 Tri-Star Mutual Fund Limited(TSMF)	8.49 ▲ 0.99 (13.2%)
Askari Life Assur. / Feb 7 Askari Life Assurance Company Limited(ALAC)	5.86 ▲ 0.66 (12.69%)
Pak. P.V.C. / Feb 7 Pakistan PVC Limited(PPVC)	10.39 ▲ 0.97 (10.3%)
Imperial Limited / Feb 7 Imperial Limited(IML)	18.86 ▲ 1.71 (9.97%)
Sardar Chemical / Feb 7 Sardar Chemical Industries Limited(SARC)	35.20 ▲ 3.19 (9.97%)
Sally Textile / Feb 7 Sally Textile Mills Limited(SLYT)	12.49 ▲ 1.13 (9.95%)
Noon Sugar / Feb 7 Noon Sugar Mills Limited(NONS)	87.94 ▲ 7.94 (9.92%)
Karam Ceramics / Feb 7 Karam Ceramics Limited(KCL)	68 ▲ 6.1 (9.85%)
Calcorp Ltd / Feb 7 Calcorp Limited(CASH)	34.10 ▲ 2.96 (9.51%)
Popular Islamic / Feb 7 Popular Islamic Modaraba(PIM)	12.95 ▲ 0.96 (8.01%)

Stock	Price
First Capital Equities / Feb 7 First Capital Equities Limited(FCEL)	5.10 ▼ -0.79 (-13.41%)
Dewan Textile / Feb 7 Dewan Textile Mills Limited(DWTM)	6.66 ▼ -0.93 (-12.25%)
Tariq Corp.Pref. / Feb 7 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7.30 ▼ -0.99 (-11.94%)
Silk Bank Ltd / Feb 7 Silkbank Limited(SILK)	1.06 ▼ -0.13 (-10.92%)
Fateh Sports / Feb 7 Fateh Sports Wear Limited(FSWL)	85.50 ▼ -9.5 (-10%)
Intermarket Securities / Feb 7 Intermarket Securities Limited(IMS)	48.63 ▼ -5.4 (-9.99%)
Sanghar Sugar / Feb 7 Sanghar Sugar Mills Limited(SANSM)	44.46 ▼ -4.93 (-9.98%)
Chashma / Feb 7 Chashma Sugar Mills Limited(CHAS)	81.75 ▼ -8.71 (-9.63%)
Shahmurad Sugar / Feb 7 Shahmurad Sugar Mills Limited(SHSML)	339 ▼ -35.57 (-9.5%)
EMCO Industries / Feb 7 Emco Industries Limited(EMCO)	28.04 ▼ -2.93 (-9.46%)

Stock	Volume
Silk Bank Ltd / Feb 7 Silkbank Limited(SILK)	119,523,297 ▼ -0.13
WorldCall Telecom / Feb 7 Worldcall Telecom Limited(WTL)	80,384,932 ▲ 0.02
Bank Makramah / Feb 7 Bank Makramah Limited(BML)	64,937,708 ▼ -0.07
B.O.Punjab / Feb 7 The Bank of Punjab(BOP)	17,199,644 ▼ -0.28
TRG Pak Ltd / Feb 7 TRG Pakistan Limited(TRG)	13,127,512 ▲ 0.26
Cnergyico PK / Feb 7 Cnergyico PK Limited(CNERGY)	12,104,269 ▼ -0.04
National Bank / Feb 7 National Bank of Pakistan(NBP)	10,980,621 ▲ 0.47
Fauji Foods Ltd / Feb 7 Fauji Foods Limited(FFL)	10,484,043 ▼ -0.15
The Searle Co. / Feb 7 The Searle Company Limited(SEARL)	10,207,814 ▼ -1.67
Citi Pharma Ltd / Feb 7 Citi Pharma Ltd.(CPHL)	9,959,309 ▼ -2.66

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