News Archives for Print - 2015-12-05

Print - 2015-12-05

New York cotton

The following were the fluctuations observed during the day:

Published 05 Dec, 2015 12:00am

Cotton

On Thursday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 45,975 Million. The number of lots traded was 383.91 million. PMEX Commodity Index closed at 2,575. Major business was contributed by gold amounting to PKR 45,408 million followed b

Published 05 Dec, 2015 12:00am

Vietnam's December coffee exports seen at over 100,000 tonnes

Vietnam could export between 100,000 tonnes and 120,000 tonnes (1.67 million to 2 million bags) of coffee in December, traders said on Tuesday, against an estimated 100,000 tonnes shipped last month. Coffee exports from the world's largest robusta produce

Published 05 Dec, 2015 12:00am

US Plains HRW wheat bids firmer

Spot basis bids for hard red winter wheat were steady to firm at grain terminals across the southern US Plains on Wednesday morning, underpinned by slow country movement, grain dealers said. Farmers remained uninterested in booking sales as weakness in fu

Published 05 Dec, 2015 12:00am

Asian naphtha crack at eight-month high

Asia's naphtha crack strengthened further to its highest in more than eight months at $130.60 a tonne on Wednesday due to strong petrochemicals demand. An outage at Shell's ethylene cracker in Singapore was expected to have a limited direct impact on the

Published 05 Dec, 2015 12:00am

Canadian canola ends mixed

ICE Canadian canola finished mixed on Wednesday in cautious trading ahead of a key government crop report. Statistics Canada, due to give its final production report on Friday, is expected to bump its canola harvest estimate to 15.6 million tonnes from 14

Published 05 Dec, 2015 12:00am

Thailand to sign rail, rice, rubber deals with China

China will sign agreements to build a railway in Thailand and buy some of its rice and rubber, senior Thai government officials said on Wednesday. The agreements could help boost the pedestrian growth rate of Southeast Asia's second-largest economy and ar

Published 05 Dec, 2015 12:00am

Spot iron ore hits 10-year low even as Shanghai steel rebounds

Spot iron ore prices hit a new 10-year low on Wednesday even as Shanghai steel futures eked out a 2 percent gain, as a global glut in the steelmaking raw material overwhelmed a market hit by shrinking Chinese demand. "It appears that the iron ore market i

Published 05 Dec, 2015 12:00am

US FOB Gulf soyabean premiums steady on moderate Chinese demand

Export premiums for soyabeans shipped from the US Gulf Coast were steady on Wednesday, underpinned by moderate demand from China for near-term shipments and a slight rebound in CIF barge basis values, traders said. CIF basis bids for December and January

Published 05 Dec, 2015 12:00am

Karachi Port's activities

The Karachi Port handled 187,640 tonnes of cargo comprising 157,949 tonnes of import cargo and 29,691 tonnes of export cargo including 8,074 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargo of 157

Published 05 Dec, 2015 12:00am

Cotton

Cotton market: spot rate falls on lack of fresh leads

Official spot rate fell modestly on the cotton market on Friday amid cautious selling by ginners, dealers said. The official spot rate was down by Rs 50 to Rs 5,200, dealers said. In Sindh, seed cotton prices were at Rs 2200 and Rs 2800 and in the Punjab,

Published 05 Dec, 2015 12:00am

Indian oilseeds fall as traders stay away on ceiling fears

Indian oilseeds prices fell on Wednesday as traders stayed away from aggressive buying on fears states may impose a higher cap on stocks that dealers and millers can hold. The western state of Maharashtra, a leading producer of soyabeans, allows wholesale

Published 05 Dec, 2015 12:00am

No change on grain market

According to the Daily Market Report, not a single change was seen on the local commodity market and oil seeds market on Friday.

Published 05 Dec, 2015 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 05 Dec, 2015 12:00am

Gold up 1.6 percent to two-week high in Europe

Gold rose 1.6 percent to a two-week high on Friday, after a US non-farm payrolls report, seen as likely to pave the way for the Federal Reserve to raise interest rates this month, failed to aid the dollar's ascent. Non-farm payrolls increased 211,000 in N

Published 05 Dec, 2015 12:00am

Cotton

Cotton rises, hits six-week high on export report, weaker dollar

Cotton futures rose on Thursday, hitting a six-week high, buoyed by a strong US export sales report and a weaker dollar and amid continued concerns about a shortage of high-grade cotton, as a late harvest and weather damage have harmed crop quality.

Published 05 Dec, 2015 12:00am

Shanghai copper falls

Shanghai Futures Exchange copper fell 0.6 percent to 34,610 yuan ($5,393) a tonne on Friday with markets bracing for higher US interest rates that will increase business costs and undercut demand. In other metals, ShFE nickel fell 1.5 percent after it att

Published 05 Dec, 2015 12:00am

Currency

Copper and aluminium gain as investors tidy up week-end positions

Copper, aluminium and other base metals climbed on Friday as investors bought back short positions after a strong US jobs report that helped to allay fears the world's largest economy has hit a soft patch. A surprise move by Opec oil producers to maintain

Published 05 Dec, 2015 12:00am

Opec fails to agree production ceiling after Iran pledges output boost

Opec members failed to agree an oil production ceiling on Friday at a meeting that ended in acrimony, after Iran said it would not consider any production curbs until it restores output scaled back for years under Western sanctions. Friday's developments

Published 05 Dec, 2015 12:00am

Rubber down

Benchmark Tokyo rubber futures edged lower on Friday, weighed down by profit-taking after a three-day rally and weaker Tokyo stock prices, but managed to post their biggest weekly gain in three months. Tokyo Commodity Exchange (TOCOM) futures, which set t

Published 05 Dec, 2015 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

The following were Friday's Rotterdam vegetable oil prices at 1700 GMT:

Published 05 Dec, 2015 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

The following were Friday's Rotterdam vegetable oil prices at 1700 GMT:

Published 05 Dec, 2015 12:00am

Wheat surges on short-covering

US wheat surged more than 2 percent on Thursday, snapping a six-session losing streak as investors covered short positions and the dollar tumbled after the European Central Bank acted to fight low inflation. Corn futures also jumped, while soyabeans shook

Published 05 Dec, 2015 12:00am

Vegetable Oil

Palm oil soars

Malaysian palm oil futures closed marginally higher on Friday after climbing to a four-week top earlier in the session on expectations that dry weather due to the El Nino weather pattern will reduce production across Southeast Asia. A plan by Indonesia, t

Published 05 Dec, 2015 12:00am

Currency

Raw sugar falls

Raw sugar futures on ICE fell on late-day selling on Friday, after harvest-hampering rainfall in Brazil and the country's rising currency lifted prices to a 10-month high, while London cocoa extended gains to the highest since early 2011. Arabica coffee f

Published 05 Dec, 2015 12:00am

Gold rebounds from 2010 lows in New York

Gold bounced from near six-year lows on Thursday in line with a sharp rebound in the euro, rising 1 percent after the European Central Bank (ECB) announced the minimum cut in its deposit rate that investors had been expecting. The ECB cut its deposit rate

Published 05 Dec, 2015 12:00am

Gold steadies in Asia

Gold clung to overnight gains on Friday and looked set to snap a six-week losing streak as a slump in the dollar buoyed the metal above 2010 lows ahead of the key US non-farm payrolls data later in the session. The metal rallied nearly 1 percent overnight

Published 05 Dec, 2015 12:00am

Strategic sell-off of Fesco: PC to hold road show in Turkey

Privatisation Commission (PC) is all set to hold a road show for strategic sale of Faisalabad Electric Supply Company (FESCO) not only in China but also in Turkey for the very first time. An official of PC told Business Recorder that Chairman PC Mu

Published 05 Dec, 2015 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (December 04, 2015)

Published 05 Dec, 2015 12:00am

New US Ambassador meets CoAS

The incoming US Ambassador to Pakistan David Hale visited GHQ on Friday and called on Chief of Army Staff (CoAS) General Raheel Sharif. During the meeting, matters of mutual interest including regional security situation were discussed. Earlier, David Hal

Published 05 Dec, 2015 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (December 04, 2015).

Published 05 Dec, 2015 12:00am

Dar apprised of World Bank-funded project portfolio

The World Bank's Country Director Patchamuthu Illangovan called on Finance Minister Ishaq Dar here Friday. Illangovan apprised the minister of the progress of World Bank's project portfolio in Pakistan and discussed matters relating to the projects curren

Published 05 Dec, 2015 12:00am

LME official prices

The following were Thursday official prices.

Published 05 Dec, 2015 12:00am

IIUI President calls on Qatar envoy

Dr Ahmed Yousif Al-Draiweesh, President International Islamic University (IIUI) called on Ambassador of Qatar to Pakistan Saqr bin Mubarak Al-Mansouri. Issues of mutual interests were discussed in the meeting, while enhancement of bilateral cooperation wa

Published 05 Dec, 2015 12:00am

LME official prices

The following were Thursday official prices.

Published 05 Dec, 2015 12:00am

LG elections in Rawalpindi: 17,000 security personnel to be deployed today

The law enforcement agencies have put in place strict security arrangement to ensure peaceful conduct of third phase of local government (LG) elections to be held today (Saturday) in Rawalpindi district. "Under the security plan, over 17,000 security pers

Published 05 Dec, 2015 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (December 04, 2015).

Published 05 Dec, 2015 12:00am

Rs 224.4 billion receivables: PSO floating in troubled waters again

Pakistan State Oil's total receivables and payables have reached Rs 283.7 billion; of which Rs 224.4 billion are receivables and Rs 59.3 billion are payables. According to official documents available with Business Recorder, PSO received Rs 112 bil

Published 05 Dec, 2015 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (December 04, 2015).

Published 05 Dec, 2015 12:00am

Immigration laws, human smugglers: Nisar for punishing Violators

Minister for Interior Chaudhry Nisar Ali Khan Friday said Pakistan is committed to punish the violators of immigration laws, human smugglers and their facilitators. Talking to German Ambassador Ina Lepel, the minister said Pakistan was trying to discourag

Published 05 Dec, 2015 12:00am

The Weather

The weather report on Friday (December 04, 2015) and the forecast for Saturday (December 05, 2015).

Published 05 Dec, 2015 12:00am

One killed in firing at school van

Unknown armed men on Friday attacked a school van killing a student in Lakki Marwat district of Khyber Pakhtunkhwa. According to initial reports, unidentified assailants intercepted Kherokel Private School's van in Shahbaz Khel area of Lakki Marwat and op

Published 05 Dec, 2015 12:00am

Civilian rule a must for country's progress: Senate chief

Senate Chairman Raza Rabbani has said Pakistan cannot afford any more new experiments or dictatorships and only a civilian rule and supremacy of the Parliament are a guarantee to the country's progress. He stated this while addressing a launching ceremony

Published 05 Dec, 2015 12:00am

Punjab taking steps towards rehabilitation of disabled persons

On the occasion of the International Day of Disabled, Social Welfare Department Punjab arranged a function in the honour of disabled persons to acknowledge the capabilities of blind people at public level. Member National Assembly Pervaiz Malik, Secretary

Published 05 Dec, 2015 12:00am

NBP, MCCI organise seminar on 'NAFA Mutual Fund'

Speakers at a seminar on "NAFA Mutual Fund" jointly organised by National Bank of Pakistan (NBP) and Multan Chamber of Commerce & Industry (MCCI) for the awareness of the investors said that Small & Medium Enterprises (SMEs) and other trade enterprises sh

Published 05 Dec, 2015 12:00am

NBP, MCCI organise seminar on 'NAFA Mutual Fund'

Published 05 Dec, 2015 12:00am

'Popcorn Search Challenge': ACCA conducts business game for students

The Association of Chartered Certified Accountants (ACCA), the global body for professional accountants conducted a business game called the "Popcorn Search Challenge" at leading matriculation, intermediate, O and A Level schools of Lahore, Karachi and Is

Published 05 Dec, 2015 12:00am

All set for LB elections in Sialkot today

District administration Sialkot has finalised necessary security arrangements for holding fair and free local bodies' elections in a peaceful environment in Sialkot district on Saturday. As many as 1520 polling stations and 4330 polling booths had been es

Published 05 Dec, 2015 12:00am

PPP's 48th Foundation Day: Aitzaz calls for solution of social, economic issues

Pakistan People's Party Senator Aitzaz Ahsan has said that there is a dire need to strive for a solution of social and economic problems being faced by citizens and the party should follow its manifesto "to openly oppose the unbridled capitalist system in

Published 05 Dec, 2015 12:00am

SAHSOL holds Henry Dunant Moot Court on IHL

Shaikh Ahmad Hassan School of Law (SAHSOL) organised the 11th Henry Dunant Moot Court on International Human Rights (IHL) in collaboration with International Committee of Red Cross (ICRC) on December 1 and 2, 2015 at Asifa-Irfan Moot Court Room at LUMS.

Published 05 Dec, 2015 12:00am

Property dispute claims four lives in Okara

At least four people were killed and three others injured in firing over property dispute here on Friday. Regional Police Officer (RPO) Faisal Rana said that armed men of two groups which were in old enmity over ownership of a piece of a land in village A

Published 05 Dec, 2015 12:00am

Third phase of LB polls: law enforcers put in place security blanket

With the third and final phase of the local government elections in 12 districts of the Punjab and six others in Sindh being held on Saturday (today), law enforcers have put in place a security blanket in and around polling stations. The polling will begi

Published 05 Dec, 2015 12:00am

Cotton

Fertiliser models: Minister urges farmers to take advantage

Punjab Agriculture Minister Dr Farrukh Javed has said that University of Agriculture Faisalabad has taken revolutionary steps to utilise the state of art ICT means to disseminate the information among the farming community. He further stated that the uniq

Published 05 Dec, 2015 12:00am

DC Jamshoro ACC decides to initiate open enquiries

Chief Secretary Sindh, Muhammad Siddique Memon Friday while chairing a meeting of Anti Corruption Committee-I (ACC) at his office here, decided to initiate open enquiries by ACE against DC Jamshoro Ayo Khan Mari. During the tenure of DC Jamshoro Ayo Khan

Published 05 Dec, 2015 12:00am

Return of Koh-i-Noor: LHC Registrar returns petition

The Lahore High Court's registrar office has returned a petition demanding the return of the Koh-i-Noor diamond, one of the British royal family's crown jewels, and also made it clear that the court had no jurisdiction to hear the case. The British got ho

Published 05 Dec, 2015 12:00am

Model Customs Collectorate anti-smuggling campaign continues

The Anti-Smuggling Organisation of Model Custom Collectorate (Preventive) Lahore has made cases valuing Rs 184.389 million during the period from July 2015 to November 2015 whereas cases valuing Rs 147.85 million were made during the corresponding period

Published 05 Dec, 2015 12:00am

FCCI, Chinese company sign MoU

China Pakistan Economic Corridor (CPEC) will open new avenues of progress and prosperity for the entire region and the business communities of Pakistan and China have to prepare them to fully exploit the business opportunities brewing as a by-product of t

Published 05 Dec, 2015 12:00am

Crash-landing incident: Asmat Mahmood's bail plea dismissed

A bail petition of a pilot, who made an emergency landing in the Allama Iqbal International Airport on November 3 and charged with crash-landing under the influence of liquor, has been dismissed. On Friday, the counsel of Shaheen Airline Pilot Asmat Mahmo

Published 05 Dec, 2015 12:00am

Domestic sales: Cement industry posts 15.64 percent growth

During July to November 2015, cement industry has posted a growth of 15.64 percent in domestic sales compared with the same period of last fiscal year. Domestic despatches rose to 12.2 million tons during this period against 10.56 million tons during same

Published 05 Dec, 2015 12:00am

Prime Minister may inaugurate Pakistan Stock Exchange in January

Prime Minister Nawaz Sharif is likely to inaugurate the Pakistan Stock Exchange (PSE) on January 1, 2016. The SECP Chairman Zafar Hijazi revealed this while briefing the Lahore Stock Exchange Board of Directors and the members of the Demutualization Commi

Published 05 Dec, 2015 12:00am

Kenyan HC, TDCP agree to develop tourism

The Kenyan High Commission and the Tourism Development Corporation of Punjab have agreed to promote tourism in both countries and exchange delegations. On Friday, diplomat Julius Kibet Bitok visited the corporation office to discuss matters of mutual inte

Published 05 Dec, 2015 12:00am

Political, economic stability essential for Pakistan: Hamza

Pakistan Muslim League-Nawaz (PML-N) central leader Hamza Shahbaz has said that Pakistan is facing a number of challenges and political and economic stability essential. Speaking at a luncheon held in honour of 11-member high level Chinese delegation led

Published 05 Dec, 2015 12:00am

Trade within Saarc moving forward: Dastgir

The federal commerce minister has claimed that despite all challenges and obstacles, trade within the South Asian Association for Regional Cooperation fold is moving forward and so are the economic cooperation and people-to-people contact.

Published 05 Dec, 2015 12:00am

Shahbaz for elimination of terrorism

Punjab Chief Minister Shahbaz Sharif has said that the menace of terrorism is created due to extremism and we will have to promote tolerance, patience and moderation in the society for eliminating this scourge. He was addressing a high-level meeting held

Published 05 Dec, 2015 12:00am

Securing majority in Toba Tek Singh MC polls: PTI Punjab congratulates Chaudhry Ishfaq

The opposition Pakistan Tehreek-e-Insaf party in the Punjab has congratulated Chaudhry Ishfaq and his team for securing the majority in the elections of the Toba Tek Singh Municipal Committee. Organiser Chaudhary Mohammad Sarwar addressing a press confere

Published 05 Dec, 2015 12:00am

Cotton

Failure of cotton crop to deepen crisis: APTMA Punjab chapter

All Pakistan Textile Mills Association (APTMA) Punjab Chairman Aamir Fayyaz has said that the failure of cotton crop in Punjab would further worsen the textile industry crisis in Pakistan. He said a decline of 40 percent in cotton arrival in Punjab must b

Published 05 Dec, 2015 12:00am

Sri Lankan food, cultural festival begins in Lahore

Six-day Sri Lankan Food and Cultural festival started in the provincial metropolis on Friday presenting a chance to people of Lahore of tasting the authentic Sri Lankan cuisine and witnessing the traditional dances with drumming. Acting Sri Lankan High Co

Published 05 Dec, 2015 12:00am

Plea to allow export of surplus sugar

The Federation of Pakistan Chambers of Commerce and Industry's (FPCCI) former president Senator Haji Ghulam Ali and PBIF's president Mian Zahid Hussain have demanded of the government to immediately allow export of surplus sugar, or else the perishable it

Published 05 Dec, 2015 12:00am

KP PA demands implementation of all CPEC components

The Provincial Assembly of Khyber Pakhtunkhwa on Friday unanimously demanded of the federal government to launch work on the China-Pakistan Economic Corridor (CPEC) with all its components immediately. Through a resolution moved by Provincial Minister for

Published 05 Dec, 2015 12:00am

British Council DOSTI Project wins International Peace Award

A Pakistani project has been announced as the winner of the 2015 Peace and Sport Awards ceremony in Monaco this week, a statement issued on Friday said. DOSTI, a British Council programme that uses sport to bring stability to young people in Pakistan has

Published 05 Dec, 2015 12:00am

Broad-based national security policy the need of the hour: President

President Mamnoon Hussain Friday said representatives of all state institutions should work out a combined national strategy to effectively address the issues related to national security. Addressing at the Certificate Award Ceremony of 17th National Secu

Published 05 Dec, 2015 12:00am

JI KP rejects new tax measures

Provincial chief Jamaat-e-Islami (JI) Khyber Pakhtunkhwa, Mushtaq Ahmad Khan has rejected the newly levied taxes of Rs 40 billion and accused the rulers of looting the people for International Monetary Fund (IMF) and World Bank (WB). He said that the levy

Published 05 Dec, 2015 12:00am

Bids open for AJK-based Mangla refurbishment project

The financial bids of the three technically responsive bidders were opened at WAPDA House on Friday for procurement of six generating units with generation capacity of 135 megawatt (MW) each, official sources said. These units will be installed at Mangla

Published 05 Dec, 2015 12:00am

82 kanal land worth Rs 17 million: Railways claims CDA tempered with land revenue record

Pakistan Railways Friday revealed that the Capital Development Authority (CDA) has allegedly tempered land revenue record of its 82 kanal land worth Rs 17 million. The Sub-Committee of the National Assembly Standing Committee on Railways met with Ramesh L

Published 05 Dec, 2015 12:00am

Absence of concerned officials: CDA special body calls off meeting

Capital Development Authority (CDA) special committee on the allotment of cabins has called off their meeting while expressing strong displeasure over the CDA authorities for not providing proper assistance to the committee to facilitate its working.

Published 05 Dec, 2015 12:00am

Ryan new head of British HC consular services in Pakistan, Afghanistan

The British High Commissioner Philip Barton CMG OBE introduced Jon Ryan as the new head of consular services in Pakistan and Afghanistan at a reception he hosted at his residence in Islamabad. The event was attended by partners of the British High Commiss

Published 05 Dec, 2015 12:00am

LCCI appoints Almas Hyder as AP

Lahore Chamber of Commerce and Industry senior Vice President Almas Hyder named as Acting President in the absence of LCCI president who has left for India to attend trade fair.

Published 05 Dec, 2015 12:00am

Business community: 'Customs embarks upon policy of facilitating'

Pakistan Customs has embarked upon a policy of facilitating business community of the country by providing them maximum facilities besides generating revenue for the public exchequer. This was stated by Collector, Customs, Peshawar, Qurban Ali Khan while

Published 05 Dec, 2015 12:00am

Officials of UN, UNDP, Aga Khan Foundation visit Chitral

Pakistan is one of the most vulnerable countries in the world to disasters whether from climate change or because of earthquakes. Both types of disasters affected Chitral recently, (July flash floods and October earthquake that affected many parts of Khyb

Published 05 Dec, 2015 12:00am

IMSciences, CECOS sign MoU

The Institute of Management Sciences (IMSciences) Peshawar and CECOS University signed a Memorandum of Understanding to launch a Joint Centre for Bio-economy, a first of its kind institute in the country that will look into the intersection of biotechnolo

Published 05 Dec, 2015 12:00am

Partly Facetious: PML-N ensuring full head of hair

"Local bodies' phase-III elections are today."

Published 05 Dec, 2015 12:00am

Quintuplets born at CHK now in private facility

Quintuplets, comprising four daughters and a son were born to Ghazala, w/o Safdar Ahmed, at Civil Hospital Karachi on Friday have to be shifted to a private hospital due to non- availability of incubators at the tertiary care facility.

Published 05 Dec, 2015 12:00am

Decision on new Balochistan CM faces delay: Murree deal deadline ends

Deadline of Murree deal, under which Balochistan Chief Minister Abdul Malik Baloch has to step down halfway through his five-year constitutional term to allow a PML-N nominee to head the provincial government, expired Friday with no signs of any change in

Published 05 Dec, 2015 12:00am

Chinese FM to attend 'Heart of Asia' meeting in Islamabad

Chinese Foreign Minister Wang Yi will attend the fifth ministerial conference of the Istanbul Process on Afghanistan scheduled in Islamabad from December 8 to 10. Chinese Foreign Ministry spokesperson Hua Chunying said on Friday that Wang was invited by S

Published 05 Dec, 2015 12:00am

Easypaisa signs agreement with A2Z Payments

Pakistan's first and largest branchless banking service and a joint venture of Telenor Pakistan and Tameer Microfinance Bank, Easypaisa has entered into an agreement with A2Z Payments, the e-payments service provider for issuance, verification and payment

Published 05 Dec, 2015 12:00am

Russian Navy ship arrives to join 'Arabian Monsoon-2015'

Russian Navy Ship Vice Admiral KULAKOV with embarked helicopter arrived at Karachi Port Friday. The visiting ship was received by senior officials of Pakistan Navy and Russian Defence attaché in Pakistan. During the visit, call by ship's Commanding Office

Published 05 Dec, 2015 12:00am

Corruption charges: Former SKAA official gets interim bail

The Sindh High Court (SHC) granted on Friday interim bail to former account officer of Sindh Katchi Abaadi Authority (SKAA), Dr Kamran Awan who is facing charges of embezzlement during his tenure. SHC bench, headed by Justice Naimatullah Phulpoto, was hea

Published 05 Dec, 2015 12:00am

Polling stations: dispute between RTO-III and DCO East resolved

'Delicate' planning for selecting public/private entities as polling stations had raised tensions between Deputy Commissioner Office (DCO), East and Regional Tax Office (RTO)-III where the latter earlier refused allowing its premises for the largest elect

Published 05 Dec, 2015 12:00am

Polling stations: dispute between RTO-III and DCO East resolved

Published 05 Dec, 2015 12:00am

127 fresh chartered accountants given ICAP certificates

Speakers at a certificate-giving ceremony held for the newly-qualified Chartered Accountants urged them to work hard and with a missionary zeal to achieve success in their career and practical life. The Institute of Chartered Accountants of Pakistan (ICAP

Published 05 Dec, 2015 12:00am

SHC seeks NAB's comments on bail plea of former KDA director

The Sindh High Court (SHC) on Friday sought comments from National Accountability Bureau (NAB) on the bail application filed by former director Karachi Development Authority (KDA) Abdul Qavi Khan, who is currently in NAB's custody for his alleged involvem

Published 05 Dec, 2015 12:00am

Call for barring heavy traffic on Jam Sadiq Bridge

President Korangi Association of Trade and Industry (KATI) Zahid Saeed has said that despite repeated identification by industrialists of Korangi Industrial Area, heavy traffic is still being allowed on Jam Sadiq Bridge. He said after completion of long a

Published 05 Dec, 2015 12:00am

Development of agriculture key to reducing poverty: expert

An agriculture expert from Japan's leading university has said that development of agriculture is the key to reduce poverty and ensure food security. Shigemochi Hirashima, Professor Emeritus, Meji-Gakuin University, Japan, who is also an advisor for JICA,

Published 05 Dec, 2015 12:00am

Basit and Doval met before Modi-Sharif meet?

The brief tete-a-tete between Narendra Modi and Nawaz Sharif in Paris last Monday may not have been a chance meeting - it appears that the grounds for the chat were laid about a fortnight ago, when Pakistani high commissioner Abdul Basit and National Secu

Published 05 Dec, 2015 12:00am

Pakistan assures support to UN efforts towards stability in Yemen

Advisor to Prime Minister on Foreign Affairs Sartaj Aziz on Friday assured that Pakistan will continue its support and cooperation for UN-sponsored endeavours towards bringing peace and stability in Yemen. He was talking to noble peace laureate Ms Tawakko

Published 05 Dec, 2015 12:00am

DG Rangers meets Governor

Sindh Rangers Chief Major General Bilal Akbhar on Friday met Governor Ishratul Ebad and discussed law and order situation. DG Rangers briefed the governor about the arrangements made for the third phase of LB elections. Major General Bilal Akbar told the

Published 05 Dec, 2015 12:00am

Political parties flout Prevention of Defacement of Property Act

Almost all political parties and independent candidates participating in the local government elections being held today (Saturday) are openly violating 'The Prevention of Defacement of Property Act 2013'. The Sindh Assembly had adopted The Prevention of

Published 05 Dec, 2015 12:00am

Health sector: PTI issues 'white paper' on Punjab government's performance

Pakistan Tehreek-e-insaf Punjab Organiser Chaudhry Muhammad Sarwar issued a "White Paper" on the bad performance of Punjab government in the health sector and said that there is one doctor only to look after seventeen hundred patients in Punjab. The total

Published 05 Dec, 2015 12:00am

Education key to development: KP Governor

Khyber Pakhtunkhwa Governor Sardar Mahtab Ahmad Khan has said that the health professionals need to have the spirit of service for humanity. He was speaking at the convocation of Khyber College of Dentistry, here on Friday. The ceremony was also addressed

Published 05 Dec, 2015 12:00am

LEAs likely to accelerate operation in Punjab

Security forces may expedite their operation against criminals, militants and their facilitators in Punjab in coming weeks following Sindh provincial government's agreement to expand the ongoing Karachi operation to the rest of the province. Sources privy

Published 05 Dec, 2015 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 9	281.75
USD PKR Interbank Buying / May 9	281.50
USD to Japanese Yen / May 9	145.37
USD to Swiss Franc / May 9	0.83
Pound Sterling to USD / May 9	1.33
Euro to USD / May 9	1.12
UK LIBOR % / May 9	4.96

Stock	Volume
S&P 500 / May 9	5,659.91
India Sensex / May 9	79,454.47
Tokyo Nikkei / May 9	37,503.33
Nasdaq / May 9	17,928.92
Hang Seng / May 9	22,867.74
FTSE 100 / May 9	8,554.80
Dow Jones / May 9	41,249.38
Germany DAX 30 / May 9	23,499.32
France CAC40 / May 9	7,743.75

Item	Value
Crude Oil USD/Barrel / May 9	61.02
Karachi Cotton PKR/37.32 KG / May 9	16,985
Gold 10 Grams PKR / May 9	300,840
Gold Spot USD/Ounce / May 9	3,324.98
Cotton US¢/pound / May 9	66.61
Petrol/Litre / May 10	252.63
Diesel/Litre / May 10	256.64

Gainers
Losers
Leaders

Stock	Price
First AL-Noor Mod. / May 9 First Al-Noor Modaraba(FANM)	3 ▲ 0.67 (28.76%)
Premier Insurance / May 9 Premier Insurance Limited(PINL)	5.15 ▲ 0.72 (16.25%)
Escorts Bank / May 9 Escorts Investment Bank Limited(ESBL)	5.98 ▲ 0.83 (16.12%)
Parmount Sp. / May 9 Paramount Spinning Mills Limited(PASM)	3.22 ▲ 0.41 (14.59%)
UDL International / May 9 UDL International Limited(UDLI)	7.10 ▲ 0.85 (13.6%)
Abdullah Shah / May 9 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	5.44 ▲ 0.65 (13.57%)
Chenab Ltd (Pref) / May 9 Chenab Limited (Pref)(CLCPS)	2.05 ▲ 0.23 (12.64%)
LSE Capital / May 9 LSE Capital Limited(LSECL)	4.39 ▲ 0.48 (12.28%)
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	6.42 ▲ 0.7 (12.24%)
D.S. Ind. Ltd. / May 9 D.S. Industries Limited(DSIL)	3.90 ▲ 0.41 (11.75%)

Stock	Price
Cyan Limited / May 9 Cyan Limited(CYAN)	27.05 ▼ -5.03 (-15.68%)
Burj Clean Energy Modaraba / May 9 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.11 ▼ -1 (-12.33%)
Universal Ins. / May 9 The Universal Insurance Company Limited(UVIC)	8.25 ▼ -1 (-10.81%)
Sally Textile / May 9 Sally Textile Mills Limited(SLYT)	7.14 ▼ -0.86 (-10.75%)
Jubilee Spinning / May 9 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	8.43 ▼ -0.95 (-10.13%)
At-Tahur Ltd. / May 9 At-Tahur Limited(PREMA)	42.57 ▼ -4.73 (-10%)
Khyber Tobacco / May 9 Khyber Tobacco Company Limited(KHTC)	342.26 ▼ -38.03 (-10%)
Dewan Mushtaq / May 9 Dewan Mushtaq Textile Mills Limited(DMTM)	9.29 ▼ -1.03 (-9.98%)
PIA Holding Co.Ltd / May 9 PIA Holding Company Limited(PIAHCLA)	12.23 ▼ -1.35 (-9.94%)
First Elite Cap.Mod / May 9 First Elite Capital Modaraba(FECM)	18.44 ▼ -2 (-9.78%)

Stock	Volume
WorldCall Telecom / May 9 Worldcall Telecom Limited(WTL)	47,087,025 ▲ 0.06
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	33,590,475 ▲ 0.7
Sui South Gas / May 9 Sui Southern Gas Company Limited(SSGC)	29,288,646 ▼ -1.53
B.O.Punjab / May 9 The Bank of Punjab(BOP)	18,310,598 ▲ 0.44
Pak Refinery / May 9 Pakistan Refinery Limited(PRL)	15,347,121 ▲ 0.3
PIA Holding Co.Ltd / May 9 PIA Holding Company Limited(PIAHCLA)	14,961,675 ▼ -1.35
Sui North Gas / May 9 Sui Northern Gas Pipelines Limited(SNGP)	14,847,660 ▲ 5.69
K-Electric Ltd. / May 9 K-Electric Limited(KEL)	14,463,181 ▲ 0.09
Maple Leaf Cement / May 9 Maple Leaf Cement Factory Limited(MLCF)	13,544,491 ▲ 2.45
Kohinoor Spining / May 9 Kohinoor Spinning Mills Limited(KOSM)	13,517,642 ▲ 0.05

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