News Archives for Print - 2015-09-20 - Business Recorder

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Jan 31, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Print - 2015-09-20

Foreigners' net selling of Japanese cash stocks highest since 1987's Black Monday

Foreigners' net selling of Japanese cash stocks highest since 1987's Black Monday

Net selling of Japanese cash stocks by foreign investors last week hit their highest since Black Monday in October 1987, as they unloaded riskier assets spooked by extreme volatility in the market, exchange data showed. Foreigners, who were also net selle

Published 20 Sep, 2015 12:00am

Fake doctors, drugs Drive launched

Fake doctors, drugs Drive launched

The ICT administration in its campaign against fake doctors, spurious drugs and illegal clinics today, raided 13 premises and sealed them. 12 arrests were made. The campaign under directions of interior minister is spearheaded by ADCG Captain Sattar Issan

Published 20 Sep, 2015 12:00am

FBR launches 'Electronic Monitoring of Production Volume' tracking system

FBR launches 'Electronic Monitoring of Production Volume' tracking system

The Federal Board of Revenue (FBR) has launched 'Electronic Monitoring of Production Volume' tracking system and a pilot project volunteered by Lucky Cement has already been initiated to monitor production and sales. This was stated by FBR in a recent pre

Published 20 Sep, 2015 12:00am

Multan traders hold rallies to condemn Peshawar incident

Multan traders hold rallies to condemn Peshawar incident

Traders of Multan on Saturday organised two rallies to express solidarity with Armed forces and to condemn the terrorism in the country. Traders observed the mourning day over the tragic Peshawar Badaber air base incident in which 29 people lost their liv

Published 20 Sep, 2015 12:00am

Terror attack condemned: government determined to restore peace in country: Ahsan Iqbal

Terror attack condemned: government determined to restore peace in country: Ahsan Iqbal

Minister for Planning and Development Ahsan Iqbal condemned Friday's terror attack on the air force base in Badaber in Peshawar, saying it shows the war on terror has hardly ended. Ahsan Iqbal said on Saturday, "We are moving forward in the mission agains

Published 20 Sep, 2015 12:00am

Special Military Train accident: PR gives compensation cheques to victims' heirs

Special Military Train accident: PR gives compensation cheques to victims' heirs

Pakistan Railways distributed compensation cheques among the heirs of the victims of July 2, 2015 train accident on Gujranwala-Faisalabad section. The incident was occurred on Bridge No 278, near Jameke Chattha station with Special Military Train (118) do

Published 20 Sep, 2015 12:00am

Number of dengue-affected patients rises to 12 in Swat

Number of dengue-affected patients rises to 12 in Swat

The number of dengue affected patients climbed to 12 as dengue virus was confirmed in another resident of Swat. According to the management of Saidu Sharif Hospital, dengue virus has confirmed in Perdesh 35, a resident of the Qaziabad, a suburban locality

Published 20 Sep, 2015 12:00am

CTD Police register FIR of PAF base attack

CTD Police register FIR of PAF base attack

First Information Report (FIR) of the terrorist attack on Pakistan Air Force (PAF) base camp in Badaber has been lodged at Peshawar's Counter Terrorism Department (CTD) Police Station on behalf of the PAF. According to Anti Terrorism Department (ATD), the

Published 20 Sep, 2015 12:00am

63 suspects held, arms recovered in Kohat

63 suspects held, arms recovered in Kohat

As many as 63 suspects were arrested and arms recovered during search operation in different areas here on Saturday. According to details,heavy contingent of police conducted search operation against the outlaws and criminals in Jangal Khel and Ghamgol lo

Published 20 Sep, 2015 12:00am

No let-up in crime cases despite tall claims

No let-up in crime cases despite tall claims

There is no let up in cases of robberies in the heavily guarded federal Capital despite the tall claims of police pertaining to tightening noose around the dacoits and burglars. The data collected by Business Recorder from different sources reveale

Published 20 Sep, 2015 12:00am

Bakery units fined for breaching hygiene regulations

Bakery units fined for breaching hygiene regulations

The Punjab Food Authority (PFA) has fined several bakery units in the provincial metropolis on various charges including carrying out business without license, not having medical certificates of workers, and using non-food grade colours. Operations Direct

Published 20 Sep, 2015 12:00am

20 million Pakistanis suffer from mental health issues

20 million Pakistanis suffer from mental health issues

More than 20 million people in Pakistan, which is around 10pc of the total population, suffer from brain and neurological problems and disorders. Despite this number being much higher than people suffering from heart diseases, cancer or diabetes, mental h

Published 20 Sep, 2015 12:00am

NAVTTC holds workshop on TVET accreditation process

NAVTTC holds workshop on TVET accreditation process

National Vocational and Technical Training Commission (NAVTTC), held two days workshop recently with the collaboration of TVET Reform Support Programme (TRSP-GIZ) for TVET Institutions of Gilgit Biltistan in Gilgit.

Published 20 Sep, 2015 12:00am

Coordinated programme launched for controlling population

Coordinated programme launched for controlling population

-Provincial Minister for Population Welfare, Begum Zakia Shahnawaz has said that a coordinated programme has been launched for the people at district and tehsil level in the light of direction of Punjab government for controlling population. She said that

Published 20 Sep, 2015 12:00am

Funeral prayers of martyred Captain Asfandyar Bukhari offered

Funeral prayers of martyred Captain Asfandyar Bukhari offered

The funeral prayers of martyred Army Captain Asfandyar Bukhari were offered in Attock on Saturday evening. A large number of people, high military officials and family members attended the funeral. The gathering was very high and it appeared that the enti

Published 20 Sep, 2015 12:00am

Electricity bills: APTMA seeks extension in last date of payment

Electricity bills: APTMA seeks extension in last date of payment

-The All Pakistan Textile Mills Association has sought an extension in the last date of payment of the industry's electricity bills from September 21 to 30. In press conference at the provincial headquarter on Saturday Punjab Chairman, Seth Muhammad Akbar

Published 20 Sep, 2015 12:00am

Nine of family killed in accident

Nine of family killed in accident

At least nine persons of the same family including seven children and two women were killed when a tractor trolley plunged into a canal on Chashma Road in Dera Ismail Khan on Saturday. According to rescue sources, 19 people of four Afghan families were on

Published 20 Sep, 2015 12:00am

Cut in furnace oil prices: Textile industry to shelve renewable energy options

Cut in furnace oil prices: Textile industry to shelve renewable energy options

A drastic cut in the furnace oil prices has pushed the textile industry to shelve the renewable as well as the alternative energy options on the backburner and revert to captive power plants for electricity generation. It was told to the visiting Parliame

Published 20 Sep, 2015 12:00am

Strong employer-employee ties linked to increased exports

Strong employer-employee ties linked to increased exports

"A strong employer-employee relationship is a key to success to enhance productivity and exports. Only those organisations would able to have their presence felt at world marketplace, which have realized the phenomenon." These views were expressed by Mali

Published 20 Sep, 2015 12:00am

Pakistan certified HR community stands No 4 in the World

Pakistan certified HR community stands No 4 in the World

21st century is knowledge and service oriented economy, in which the old mantra of "cash is king" has been replaced with "talent is king and cash is queen". This emphasizes the emerging significance of Human Resource Development in economic growth of indu

Published 20 Sep, 2015 12:00am

SGA criticizes Kissan package

SGA criticizes Kissan package

The Sugarcane Growers Association has criticized the Kissan package announced by the federal government, claiming it is a sheer "drop in the ocean of poverty and a half-hearted attempt".

Published 20 Sep, 2015 12:00am

Minister satisfied over plantation campaign

Minister satisfied over plantation campaign

-Punjab Minister for Forests, Wildlife and Fisheries, Malik Muhammad Asif Bha Awan disclosed here on Saturday that the department has planted 2.7 million saplings against the target of 9 million saplings during the ongoing monsoon plantation campaign. The

Published 20 Sep, 2015 12:00am

Relief Package for farmers: success depends on commitment by provincial governments: IPR report

Cotton

Relief Package for farmers: success depends on commitment by provincial governments: IPR report

A report, released by the Institute of Policy Reforms, says the success of the Prime Ministers Relief Package for farmers depends on commitment by provincial governments. "They must meet a portion of the cost and provide direct executive support. The pack

Published 20 Sep, 2015 12:00am

FCCI refutes news of raid on its office

FCCI refutes news of raid on its office

News regarding a raid on FCCI office and taking into possession the computers and record by a sensitive agency is totally baseless. A spokesman of the FCCI said that practically no such incident took place whereas a private TV channel (Not Aaj TV)

Published 20 Sep, 2015 12:00am

Sialkot woman gives birth to quintuplets

Sialkot woman gives birth to quintuplets

A woman has given birth to quintuplets - three girls and two boys at the Combined Military Hospital in Sialkot district of Punjab on Saturday. According to hospital sources, the newborns are healthy and they have been kept at intensive care unit (ICU). At

Published 20 Sep, 2015 12:00am

PFDC Bridal Week: emerging designers contended for Bank Alfalah's 'Rising Talent Award'

PFDC Bridal Week: emerging designers contended for Bank Alfalah's 'Rising Talent Award'

Four emerging designers showcased their talent through Bank Alfalah Rising Talent - Discovering the Potential of Pakistan platform at the opening of the PFDC Bridal Week. Bank Alfalah Rising Talent Programme aims to motivate, inspire and recognise young a

Published 20 Sep, 2015 12:00am

Shahbaz reviews progress on Knowledge Park project

Shahbaz reviews progress on Knowledge Park project

Punjab Chief Minister Shahbaz Sharif presided over a high-level meeting in which progress on the project of Knowledge Park was reviewed in detail. A foreign consultant gave a detailed briefing about the initial features of the Knowledge Park Project. The

Published 20 Sep, 2015 12:00am

PHMA North Zone elects new office bearers

PHMA North Zone elects new office bearers

Qamar Aftab was elected unopposed Chairman of Pakistan Hosiery Manufacturers & Exporters Association (PHMA) North Zone here during Annual General Meeting of the Association. Similarly Zia-ur-Rehman Chaudhry and Abdul Hameed were elected Senior Vice Chairm

Published 20 Sep, 2015 12:00am

PAF technician laid to rest

PAF technician laid to rest

One of the martyred souls in PAF camp attack in Badaber, PAF technician Shan Ali Shaukat, was married one and half month ago in Faisalabad, district of Punjab, Pakistan. According to details, Shan was born on December 14, 1990 and was recently posted in B

Published 20 Sep, 2015 12:00am

Over 20 countries on 'waiting list' to join AIIB: China

Over 20 countries on 'waiting list' to join AIIB: China

More than 20 countries are waiting to join the China-initiated Asian Infrastructure Investment Bank (AIIB), its designated president said Saturday as he allayed concerns it was aimed to challenge US and Japanese influence in the region. The number could b

Published 20 Sep, 2015 12:00am

Louis Dreyfus ends long CEO hunt with internal pick

Louis Dreyfus ends long CEO hunt with internal pick

Louis Dreyfus Commodities picked its Asia head to lead the global grain trading group, it said on Friday, after a long search for a chief executive as it seeks to end a corporate shakeup at the family-owned business. The appointment of Gonzalo Ramirez Mar

Published 20 Sep, 2015 12:00am

China trying to keep yuan from falling more: US Treasury official

Currency

China trying to keep yuan from falling more: US Treasury official

A senior US Treasury official said on Friday that China has been intervening to keep its yuan currency from falling more than it otherwise would and that the sooner Beijing lets the market work, the better for China. The official, who spoke to a group of

Published 20 Sep, 2015 12:00am

France vows to push on with reforms after Moody's downgrade

France vows to push on with reforms after Moody's downgrade

France's finance minister reaffirmed the country's commitment to economic reforms on Friday after ratings agency Moody's cut French bond ratings by a notch to Aa2, citing continued weakness in the country's medium-term growth outlook. The French governmen

Published 20 Sep, 2015 12:00am

France vows to push on with reforms after Moody's downgrade

France vows to push on with reforms after Moody's downgrade

France's finance minister reaffirmed the country's commitment to economic reforms on Friday after ratings agency Moody's cut French bond ratings by a notch to Aa2, citing continued weakness in the country's medium-term growth outlook. The French governmen

Published 20 Sep, 2015 12:00am

Fed's Lacker says economy strong enough for higher rates

Fed's Lacker says economy strong enough for higher rates

Richmond Federal Reserve President Jeffrey Lacker on Saturday said he dissented at a Fed policy meeting because he thought the economy was now strong enough to warrant higher interest rates. Fed policymakers on Thursday voted to keep the Fed's target inte

Published 20 Sep, 2015 12:00am

Telecom Egypt chairman Mohamed Salem resigns

Telecom Egypt chairman Mohamed Salem resigns

Mohamed Salem, chairman of Egypt's state-owned landline telecom monopoly Telecom Egypt, said he resigned on Saturday, shortly after a new government was sworn in by President Abdel Fattah al-Sisi. Salem, a former telecommunications minister, had taken up

Published 20 Sep, 2015 12:00am

Nigeria's central bank injects dollars into banking system

Currency

Nigeria's central bank injects dollars into banking system

Nigeria's central bank injected dollars into the market on Friday after a lull in foreign exchange trade for a few days, the managing director of the market regulator said on Saturday. "The central bank intervened on Friday ... it sold dollars to the bank

Published 20 Sep, 2015 12:00am

ECB chief economist declares 'readiness and decisiveness' to act

ECB chief economist declares 'readiness and decisiveness' to act

The European Central Bank's chief economist reiterated the bank's "readiness and decisiveness" to modify its trillion-euro bond-buying program should economic turbulence merit decisive action, according to an interview in a Swiss newspaper. Interviewed by

Published 20 Sep, 2015 12:00am

Bangladesh wants to invest $8 billion in infrastructure

Bangladesh wants to invest $8 billion in infrastructure

Bangladesh's government wants to invest $8 billion over the next few years in infrastructure to improve the economy and sought help from private sector to share the cost which the government could not bear alone. S. A. Samad, the executive chairman of the

Published 20 Sep, 2015 12:00am

Russian finance ministry proposes move to raise tax on oil extraction

Russian finance ministry proposes move to raise tax on oil extraction

Russia's finance ministry has proposed changing the calculation method for Mineral Extraction Tax for oil companies by including a so-called "rouble deduction" that would significantly boost revenues, news agency RIA reported on Saturday, citing finance m

Published 20 Sep, 2015 12:00am

With eye to Rouhani Paris visit, French firms head to Iran

Currency

With eye to Rouhani Paris visit, French firms head to Iran

A senior French economic and political delegation heads to Tehran on Sunday to lay the groundwork for the first business contracts between France and Iran since an accord to curb its nuclear programme in July. France's main business lobby group, the Medef

Published 20 Sep, 2015 12:00am

Swiss government raises 2015 growth forecast

Swiss government raises 2015 growth forecast

The Swiss government on Thursday raised its economic growth forecast for 2015 but cautioned that a continued recovery in the euro zone was crucial to the Alpine nation's prospects. Switzerland's export-reliant economy has had to adjust to a surge in the S

Published 20 Sep, 2015 12:00am

Chelsea sink nine-man Arsenal, Newcastle lose again

Chelsea sink nine-man Arsenal, Newcastle lose again

Kurt Zouma and Eden Hazard gave Chelsea a controversial 2-0 win over nine-man Arsenal on Saturday as the simmering feud between the bitter rivals boiled over with red cards for Gabriel and Santi Cazorla. Watford heaped more misery on former England manage

Published 20 Sep, 2015 12:00am

Seeds scattered as Wickmayer, Linette reach Tokyo final

Seeds scattered as Wickmayer, Linette reach Tokyo final

Belgian Yanina Wickmayer will meet Poland's Magda Linette in the Japan Women's Open final after both produced upsets Saturday to continue a trend this week in Tokyo. Former US Open semi-finalist Wickmayer halted seventh seed Ajla Tomljanovic's fine run by

Published 20 Sep, 2015 12:00am

Sangakkara denied as Gloucestershire win cup final

Sangakkara denied as Gloucestershire win cup final

Sri Lanka's Kumar Sangakkara was denied an English one-day cup final triumph as Gloucestershire held their nerve to snatch a dramatic six-run victory over Surrey at Lord's on Saturday. Chasing 221 to win, Surrey looked on course to hoist the trophy thanks

Published 20 Sep, 2015 12:00am

Hungary, Romania punished for supporter racism

Hungary, Romania punished for supporter racism

Hungary and Romania have both been ordered to play one match behind closed doors for racist behaviour in recent Euro 2016 qualifiers, UEFA announced. Hungary must play their home qualifier against the Faroe Islands behind closed doors after "racist behavi

Published 20 Sep, 2015 12:00am

FIFA spurn Barca hope of Rafinha replacement

FIFA spurn Barca hope of Rafinha replacement

Barcelona's hopes of being able to register one of their new signings to replace injured Brazilian midfielder Rafinha before their transfer ban is completed have been rejected by FIFA, according to Barca coach Luis Enrique. Rafinha is set to miss the rest

Published 20 Sep, 2015 12:00am

Benzema goal edges Real Madrid past Granada

Benzema goal edges Real Madrid past Granada

A solitary goal from Karim Benzema spared Real Madrid's blushes as the Spanish giants moved to the top of La Liga with a nervy 1-0 win over Granada on Saturday. Real had scored 15 times in their previous three matches, but they were grateful to some poor

Published 20 Sep, 2015 12:00am

Australia to 'bore' their way to victory in subcontinent, says Steven Smith

Australia to 'bore' their way to victory in subcontinent, says Steven Smith

Australia must stifle their attacking instincts in the subcontinent and "bore" batsmen into giving up their wickets, captain Steven Smith has said. Smith will lead a rebuilding Australia team into a two-test series against Bangladesh next month after a di

Published 20 Sep, 2015 12:00am

Murray brothers put Britain in sight of Davis Cup final

Murray brothers put Britain in sight of Davis Cup final

Andy and Jamie Murray moved Great Britain to the verge of a first Davis Cup final since 1978 after defeating Australia's Lleyton Hewitt and Sam Groth in an epic doubles clash in their semi-final on Saturday. World number three Andy and older brother Jamie

Published 20 Sep, 2015 12:00am

Goetze to auction boots to help refugees

Goetze to auction boots to help refugees

World Cup winner Mario Goetze plans to raise funds to help Germany's immigrants amidst the on-going crisis by auctioning his playing boots embroidered with the hashtag 'refugeeswelcome'. The 23-year-old forward scored Bayern Munich's second goal while wea

Published 20 Sep, 2015 12:00am

Nadal wins on return to national duty for Spain

Nadal wins on return to national duty for Spain

Rafa Nadal returned to Davis Cup action for the first time in two years on Friday with his victory putting Spain ahead in a Group One relegation playoff against Denmark. The 14-times grand slam champion, short of form and beaten in the third round of the

Published 20 Sep, 2015 12:00am

Singapore sting as Vettel stuns Mercedes

Kerb

Singapore sting as Vettel stuns Mercedes

Sebastian Vettel tore up the F1 script and denied Lewis Hamilton a slice of history as he grabbed pole position for the Singapore Grand Prix with a brilliant performance on Saturday. The Ferrari driver gave himself a great chance of a race win and smashed

Published 20 Sep, 2015 12:00am

China's yuan bears get cold feet as PBOC steps up intervention

Currency

China's yuan bears get cold feet as PBOC steps up intervention

Bets on further weakness in China's yuan fell by more than half in the last two weeks as the central bank continued to intervene to stabilise the currency after its surprise devaluation last month, a Reuters poll showed. The steadier yuan, in turn, helped

Published 20 Sep, 2015 12:00am

China hopes for good news on IMF currency basket: Chinese official

Currency

China hopes for good news on IMF currency basket: Chinese official

China is well placed to meet the criteria for inclusion in the International Monetary Fund's benchmark currency basket, the country's representative at the international lender said on Friday. Beijing has launched a major diplomatic push for the yuan's in

Published 20 Sep, 2015 12:00am

Sri Lanka's rupee float seen positive; more economic reforms urged

Currency

Sri Lanka's rupee float seen positive; more economic reforms urged

Sri Lanka has won a thumbs up from ratings agencies and economists for floating its rupee currency after last month's general election, but more reforms will be needed to support the currency and conserve the central bank's modest reserves. The rupee has

Published 20 Sep, 2015 12:00am

Net US dollar longs hit lowest in more than a year

Currency

Net US dollar longs hit lowest in more than a year

Speculators pared back bullish bets on the US dollar this week to their lowest level since late July last year, according to Reuters calculations and data from the Commodity Futures Trading Commission released on Friday. The value of the dollar's net long

Published 20 Sep, 2015 12:00am

Nigeria's central bank injects dollars into banking system

Currency

Nigeria's central bank injects dollars into banking system

Nigeria's central bank injected dollars into the market on Friday after a lull in foreign exchange trade for a few days, the managing director of the market regulator said on Saturday. "The central bank intervened on Friday ... it sold dollars to the bank

Published 20 Sep, 2015 12:00am

Dollar recovers from three-week low in technical rally

Dollar recovers from three-week low in technical rally

The dollar rebounded from a three-week low on Friday, a day after the Federal Reserve kept US interest rates on hold, in a late technical rally after a steep sell-off the previous session. The Fed decision largely disappointed investors who wanted to get

Published 20 Sep, 2015 12:00am

Turkey's lira gets a short breather after Fed holds fire

Turkey's lira gets a short breather after Fed holds fire

Turkey's long-suffering lira got a reprieve on Friday after the US Federal Reserve left interest rates unchanged, but political uncertainty and a grim outlook for growth meant the gains were likely to be short-lived. A rate increase might have increased t

Published 20 Sep, 2015 12:00am

Canadian dollar weakens

Currency

Canadian dollar weakens

The Canadian dollar weakened versus the US dollar on Friday, with the commodity currency hurt by a sharp drop in the price of crude oil a day after the US Federal Reserve decided to hold interest rates at near zero amid global uncertainty. The Canadian cu

Published 20 Sep, 2015 12:00am

US dollar peg is the best system for Hong Kong: HKMA

Currency

US dollar peg is the best system for Hong Kong: HKMA

Hong Kong's current monetary policy mechanism pegging its currency to the US dollar is the best system for the territory, the head of the central bank said on Wednesday. In response to questions, Norman Chan, chief of the Hong Kong Monetary Authority, the

Published 20 Sep, 2015 12:00am

Ukraine central bank sees currency stability, coy on FX curbs

Currency

Ukraine central bank sees currency stability, coy on FX curbs

Ukraine's currency, the hryvnia, is expected to hold up in the coming months, the country's deputy central bank governor said on Tuesday, though he remained cautious about hopes of a quick removal of its foreign exchange curbs. "The Autumn is always the p

Published 20 Sep, 2015 12:00am

African currencies week ahead: Zambia's kwacha stuck on the ropes

Currency

African currencies week ahead: Zambia's kwacha stuck on the ropes

Zambia's kwacha is expected to maintain its downward trend next week although another under-pressure African currency, Ghana's cedi, may find support from traders expecting inflows of dollars from cocoa and Eurobond loans.

Published 20 Sep, 2015 12:00am

Wall Street ends down after Fed stokes global economic fears

Wall Street ends down after Fed stokes global economic fears

Wall Street stocks closed lower on Friday in heavy trading as the Federal Reserve's decision to keep interest rates near zero fueled concerns about the potential impact of continuing weak global growth on US corporate earnings. Apart from the state of the

Published 20 Sep, 2015 12:00am

East Ukraine faces winter water shortage threat

East Ukraine faces winter water shortage threat

European monitors warned Friday that war-scarred eastern Ukraine faced a severe water shortage this winter because shelling had destroyed much of the industrial region's distribution pipelines. The former Soviet republic has been in the throes of a 17-mon

Published 20 Sep, 2015 12:00am

Lahore Paper Market Rates

Lahore Paper Market Rates

Paper market rates in rupees on Saturday (September 19, 2015).

Published 20 Sep, 2015 12:00am

Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (September 19, 2015).

Published 20 Sep, 2015 12:00am

Grain market rates

Cotton

Grain market rates

Karachi grain market rates in rupees on Saturday (September 19, 2015).

Published 20 Sep, 2015 12:00am

Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (September 19, 2015).

Published 20 Sep, 2015 12:00am

World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (September 19, 2015).

Published 20 Sep, 2015 12:00am

World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (September 19, 2015).

Published 20 Sep, 2015 12:00am

Kerb buying and selling rate of US dollar

Kerb

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Saturday (September 19, 2015).

Published 20 Sep, 2015 12:00am

THE RUPEE: stable trend

Currency

THE RUPEE: stable trend

Stability prevailed on the money market on Saturday as the rupee held the overnight levels versus the dollar in the process of trading, dealers said. The rupee maintained last levels versus the dollar for buying and selling at Rs 104.30 and Rs 104.50 resp

Published 20 Sep, 2015 12:00am

THE RUPEE: stable trend

Currency

THE RUPEE: stable trend

Stability prevailed on the money market on Saturday as the rupee held the overnight levels versus the dollar in the process of trading, dealers said. The rupee maintained last levels versus the dollar for buying and selling at Rs 104.30 and Rs 104.50 resp

Published 20 Sep, 2015 12:00am

Cross Transactions between Client to Client & Financial Institutions

Cross Transactions between Client to Client & Financial Institutions

The following were the cross transactions between client to client & financial institutions here on Saturday (September 19, 2015).

Published 20 Sep, 2015 12:00am

Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (September 19, 2015).

Published 20 Sep, 2015 12:00am

Open market rates of foreign currencies

Currency

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Saturday (September 19, 2015).

Published 20 Sep, 2015 12:00am

Aaj TV - Sunday's schedule

Aaj TV - Sunday's schedule

All timings are in PST (Pakistan Standard Time).

Published 20 Sep, 2015 12:00am

Vietnamese rice prices stable; Thai grain dips

Vietnamese rice prices stable; Thai grain dips

Vietnamese rice prices stood nearly unchanged while Thai grain eased on Wednesday ahead of an import tender by the Philippines and amid a weaker baht. Vietnam's 5 percent broken grain stood at $325-$330 a tonne, free-on-board (FOB) Saigon Port, against $3

Published 20 Sep, 2015 12:00am

Lean business on grain market

Cotton

Lean business on grain market

Small trading was witnessed on the local grain market on Saturday in the process of modest trading, dealers said. On the cereals side, Moong Punjab posted fresh gain of Rs 750 to Rs 9000 and Moong Afghan followed same pattern, rising by Rs 950 to Rs 11000

Published 20 Sep, 2015 12:00am

European palm oil prices fall on stronger ringgit

Currency

European palm oil prices fall on stronger ringgit

European palm oil prices slipped on Thursday, as a stronger ringgit currency weighed on Malaysian palm oil futures. Asking prices for RBD palmolein dipped between $15 and $17.50, with the January-March delivery easing to $547.50 per tonne. That position l

Published 20 Sep, 2015 12:00am

China's 2015-16 soya imports fall for first time in decade

Currency

China's 2015-16 soya imports fall for first time in decade

China's soya imports could fall for the first time in a decade in the 2015/16 crop year due to a slowdown in animal feed demand at the world's top soyabean buyer, a senior trader with commodity giant Cargill said on Thursday. Imports would also be affecte

Published 20 Sep, 2015 12:00am

US FOB Gulf soyabean offers flat on steady demand

US FOB Gulf soyabean offers flat on steady demand

Soyabean export premiums at the US Gulf Coast were about unchanged on Thursday on steady demand from China and rising supplies of newly harvested beans which kept a lid on CIF barge basis values, traders said. Chinese importers booked at least one more ca

Published 20 Sep, 2015 12:00am

Oil cake market rates

Cotton

Oil cake market rates

The December vaida was lower on the forward cottonseeds oilcake market on Saturday in the process of trading, dealers said. The December vaida closed at Rs 1306.50, opened with 30 paisa fall at Rs 1306.20 in the early session, dealers said.

Published 20 Sep, 2015 12:00am

Cotton market prices keep firm posture ahead of Eid holidays

Cotton

Cotton market prices keep firm posture ahead of Eid holidays

Prices maintained firm posture on the cotton market on Saturday ahead of Eid-ul-Azha holidays, dealers said. The official spot rate maintained overnight level at Rs 4,700, dealers said. In Sindh seed cotton prices were at Rs 2350 and Rs 2400 and in Punjab

Published 20 Sep, 2015 12:00am

Brazil's 2015-16 center-south cane crush raised slightly

Brazil's 2015-16 center-south cane crush raised slightly

Brazil's 2015/16 center-south cane crush is projected to reach 590 million tonnes, slightly higher than a previous view of 587 million tonnes and up from last year's 571 million tonnes, consultancy JOB Economia said on Thursday. Sugar production in the 20

Published 20 Sep, 2015 12:00am

Record China soya imports to fizzle in peak US shipping period

Record China soya imports to fizzle in peak US shipping period

China's record pace of soyabean imports is running out of steam, in what is likely to be a blow to US exporters that normally ship 40 percent of their annual soyabean crop to the world's top buyer over the October-to-December period. Already off highs see

Published 20 Sep, 2015 12:00am

Canadian canola prices fall

Canadian canola prices fall

ICE Canadian canola prices fell on Thursday, weighed down by weaker soy prices and a stronger Canadian dollar. Statistics Canada surprised traders by issuing a new, unscheduled canola crop estimate of 14.4 million tonnes, higher than its August estimate o

Published 20 Sep, 2015 12:00am

Philippines to buy 750,000 tonne of rice from Vietnam, Thailand

Philippines to buy 750,000 tonne of rice from Vietnam, Thailand

The Philippines split a 750,000-tonne rice supply contract between Vietnam and Thailand on Thursday, rushing to boost its shrinking stocks before an El Nino dry weather pattern that is potentially one of worst in 65 years hurts output further. Vietnam, tr

Published 20 Sep, 2015 12:00am

CBOT wheat futures fall for third session

CBOT wheat futures fall for third session

Wheat futures on the Chicago Board of Trade fell for a third consecutive session on Thursday on technical selling and a lack of fundamental news amid plentiful global supplies, traders said. Benchmark CBOT December wheat pared losses after the Federal Res

Published 20 Sep, 2015 12:00am

Asia coffee: Vietnam farmers hold beans as price falls; Indonesia active

Asia coffee: Vietnam farmers hold beans as price falls; Indonesia active

Vietnam's coffee market saw thin trading on Thursday as farmers held back beans expecting higher prices, while Indonesia saw brisk activity on solid buying demand despite lower export prices. Farmers in Vietnam, the world's biggest robusta producer, have

Published 20 Sep, 2015 12:00am

South Korea buys feed wheat

South Korea buys feed wheat

South Korea's largest feedmaker Nonghyup Feed Inc (NOFI) bought about 50,000 tonnes of feed wheat to be sourced from optional origins in an international tender which closed on Thursday, European traders said. NOFI had sought up to 130,000 tonnes of wheat

Published 20 Sep, 2015 12:00am

Cocoa disease fears subside on improved sunshine in Ivory Coast

Cocoa disease fears subside on improved sunshine in Ivory Coast

Recent increased sunshine and rainfall across most of Ivory Coast's cocoa growing regions have fueled optimism ahead of next month's start of the 2015/16 main crop harvest, farmers said on Monday. In the western region of Duekoue, farmers said earlier fea

Published 20 Sep, 2015 12:00am

US natural gas futures hold steady

US natural gas futures hold steady

US natural gas futures held steady on Thursday after a federal report showed last week's storage build was in line with analysts' estimates, despite forecasts for warmer weather and stronger cooling demand over the next two weeks. After briefly falling to

Published 20 Sep, 2015 12:00am

EU wheat prices slip on tough export outlook

EU wheat prices slip on tough export outlook

Western European wheat prices eased on Thursday, pressured by a fall in Chicago and a stronger euro that underscored a tough export outlook at a time of ample global supply. Price movements were limited, however, by a cautious mood among investors as they

Published 20 Sep, 2015 12:00am

South Korea pension fund will raise China investments

South Korea pension fund will raise China investments

South Korea's National Pension Service (NPS) is looking to increase investments in China as the world's third-largest pension fund sees the recent slowdown in the Chinese economy as temporary, its chairman and chief executive said on Thursday. "The long-t

Published 20 Sep, 2015 12:00am

Emerging market stock allocations at all-time low

Emerging market stock allocations at all-time low

Investors have cut their emerging market stock allocations to an all-time low and raised cash balances to levels seen during the 2008 crisis as risk appetite has evaporated, a Bank of America Merrill Lynch (BAML) survey showed on Tuesday. Investor confide

Published 20 Sep, 2015 12:00am

Emerging market stock allocations at all-time low

Emerging market stock allocations at all-time low

Investors have cut their emerging market stock allocations to an all-time low and raised cash balances to levels seen during the 2008 crisis as risk appetite has evaporated, a Bank of America Merrill Lynch (BAML) survey showed on Tuesday. Investor confide

Published 20 Sep, 2015 12:00am

Bafin examines trading in RWE shares after market swings

Bafin examines trading in RWE shares after market swings

German financial watchdog Bafin is examining trading in shares of utility RWE after receiving several leads in connection with market abuse over the past two months. Shares in RWE, which is suffering from a prolonged industry slump, have been subject to m

Published 20 Sep, 2015 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 30	279.17
USD PKR Interbank Buying / Jan 30	278.97
USD to Japanese Yen / Jan 30	154.32
USD to Swiss Franc / Jan 30	0.91
Pound Sterling to USD / Jan 30	1.24
Euro to USD / Jan 30	1.04

Stock	Volume
S&P 500 / Jan 30	6,071.17
India Sensex / Jan 30	76,759.81
Tokyo Nikkei / Jan 30	39,513.97
Nasdaq / Jan 30	19,681.75
Hang Seng / Jan 30	20,225.11
FTSE 100 / Jan 30	8,646.88
Dow Jones / Jan 30	44,882.13
Germany DAX 30 / Jan 30	21,727.20

Item	Value
Crude Oil USD/Barrel / Jan 30	72.99
Karachi Cotton PKR/37.32 KG / Jan 30	18,285
Gold 10 Grams PKR / Jan 30	248,885
Gold Spot USD/Ounce / Jan 30	2,849.50
Cotton US¢/pound / Jan 30	66.27
Petrol/Litre / Jan 31	256.13

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd / Jan 30 Chenab Limited(CHBL)	9.08 ▲ 1 (12.38%)
Kohinoor Ind. / Jan 30 Kohinoor Industries Limited(KOIL)	9.26 ▲ 1 (12.11%)
PICIC Ins.Ltd. / Jan 30 PICIC Insurance Limited(PIL)	2.52 ▲ 0.23 (10.04%)
Redco Textile / Jan 30 Redco Textiles Limited(REDCO)	21.97 ▲ 2 (10.02%)
Sana Ind / Jan 30 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
I.C.C. Ind. / Jan 30 ICC Industries Limited(ICCI)	14.29 ▲ 1.3 (10.01%)
Ashfaq Textile / Jan 30 Ashfaq Textile Mills Limited(ASHT)	17.48 ▲ 1.59 (10.01%)
Ahmad Hassan / Jan 30 Ahmad Hassan Textile Mills Limited(AHTM)	59.90 ▲ 5.45 (10.01%)
Atlas Honda Ltd / Jan 30 Atlas Honda Limited(ATLH)	873.29 ▲ 79.39 (10%)

Stock	Price
Tariq Corp.Pref. / Jan 30 Tariq Corporation Limited-Preference Shares(TCORPCPS)	6.91 ▼ -0.97 (-12.31%)
First Capital Equities / Jan 30 First Capital Equities Limited(FCEL)	5.21 ▼ -0.68 (-11.54%)
National Silk / Jan 30 The National Silk & Rayon Mills Limited(NSRM)	45.35 ▼ -5.04 (-10%)
Blue-Ex Ltd / Jan 30 Blue-Ex Limited (GEM)(GEMBLUEX)	55.40 ▼ -6.15 (-9.99%)
Kohat Textile / Jan 30 Kohat Textile Mills Limited(KOHTM)	32 ▼ -3.13 (-8.91%)
Hussain Industries / Jan 30 Husein Industries Limited(HUSI)	26.41 ▼ -2.45 (-8.49%)
Trust Sec.& Brok. / Jan 30 Trust Securities & Brokerage Limited(TSBL)	13.60 ▼ -1.14 (-7.73%)
JS Investments / Jan 30 JS Investments Limited(JSIL)	21.02 ▼ -1.74 (-7.64%)
Universal Ins. / Jan 30 The Universal Insurance Company Limited(UVIC)	9.13 ▼ -0.67 (-6.84%)

Stock	Volume
Sui South Gas / Jan 30 Sui Southern Gas Company Limited(SSGC)	48,078,930 ▲ 2.48
Waves Home Appliances / Jan 30 Waves Home Appliances Limited(WAVESAPP)	33,126,010 ▲ 1.16
Bank Makramah / Jan 30 Bank Makramah Limited(BML)	31,438,642 ▲ 0.23
Cnergyico PK / Jan 30 Cnergyico PK Limited(CNERGY)	31,197,761 ▲ 0.13
K-Electric Ltd. / Jan 30 K-Electric Limited(KEL)	29,670,310 ▲ 0.13
Citi Pharma Ltd / Jan 30 Citi Pharma Ltd.(CPHL)	25,413,292 ▲ 2.73
Dewan Motors / Jan 30 Dewan Farooque Motors Limited(DFML)	24,726,221 ▼ -1.63
WorldCall Telecom / Jan 30 Worldcall Telecom Limited(WTL)	20,794,723 ▲ 0.02
Fauji Cement / Jan 30 Fauji Cement Company Limited(FCCL)	13,308,955 ▲ 0.1

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