News Archives for Print - 2015-12-08

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Print - 2015-12-08

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Monday (December 07, 2015).

Published 08 Dec, 2015 12:00am

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (December 07, 2015).

Published 08 Dec, 2015 12:00am

Sierra Leone cleared to host games after Ebola ban lifted

Sierra Leone has been cleared to host international soccer matches again after being declared free of the Ebola virus, the Confederation of African Football (CAF) said on Monday. "International football matches and CAF competitions can again be organised

Published 08 Dec, 2015 12:00am

Indian jewellery show: LHC overrules objection

The Lahore High Court has overruled an objection raised by the registrar office following a lawyer's petition challenging a duty-free Indian jewellery show being held in collaboration with the South Asian Association for Regional Corporation's Chamber of

Published 08 Dec, 2015 12:00am

Indian jewellery show: LHC overrules objection

Published 08 Dec, 2015 12:00am

'Tool' of indirect taxes reused for additional revenue: PAMA

Auto makers' sources believe that a government claim that it will never allow the common man to suffer has been grossly challenged by the recent mini-budget which could certainly have ramifications on farmers. In their in-depth critical analysis, the sour

Published 08 Dec, 2015 12:00am

CUG, GCU sign MoU

The Chinese students from China University of Geosciences, Wuhana (CUG) will study Pakistan Studies and other subjects at the Summer School at the Government College University Lahore Centre for Excellence Chinese Studies (GCU CECS) every year under an ac

Published 08 Dec, 2015 12:00am

PU professor held

Law enforcement agencies have arrested a Punjab University professor named Ghalib Atta on charge of links with a banned organisation. According to sources, the law enforcement agencies conducted a raid at a house in Raza Block, Allama Iqbal Town in Lahore

Published 08 Dec, 2015 12:00am

TDAP focuses on non-traditional markets to enhance exports: Muneer

Chief Executive Officer of Trade Development Authority of Pakistan (TDAP) S M Munir said on Monday that TDAP has focused on non traditional markets to enhance Pakistani exports and in this connection a trade delegation will soon visit Russia. While addres

Published 08 Dec, 2015 12:00am

Pasha for signing FTA with Turkey

The former federal finance minister has called for signing the Free Trade Agreement (FTA) with Turkey similar to that existing between Pakistan and China. This was stated by Hafiz Pasha during a symposium on titled "improving economic relations between Pa

Published 08 Dec, 2015 12:00am

Light transport vehicle: Tevta starts second phase of driving course

Technical Education and Vocational Training Authority (Tevta) has initiated second phase of a light transport vehicle driving course. The course is introduced for the unemployed youth at 36 road safety training institutes of the National Highways and Moto

Published 08 Dec, 2015 12:00am

Health professionals: importance of training highlighted

"It is important to invest in training local health professionals and constantly update their skills so that they are capable of meeting the health challenges faced by Pakistan," said member of Board of Governors, Professor Malik Hussain Mubbashar in his

Published 08 Dec, 2015 12:00am

Foggy conditions prevailing over plains

The Meteorological department has forecast; foggy conditions to prevail over plain areas of Punjab and Sukkur division during morning hours and dry weather in other parts of the country. In its daily weather report the Met Office said that continental air

Published 08 Dec, 2015 12:00am

PBIF for promotion of renewable energy through tax cuts

President Pakistan Businessmen and Intellectuals Forum (PBIF) Mian Zahid Hussain has said that renewable energy should be promoted through tax cuts and other incentives to slow down degradation of climate otherwise masses will suffer more. He said low oil

Published 08 Dec, 2015 12:00am

Call for implementing two percent job quota for disabled persons

Karachi Chamber of Commerce and Industry's (KCCI) Advisor on Banking and Insurance and Patron of Pakistan Wheelchair Cricket Team, Ateeq-ur-Rehman has urged the federal and provincial governments, business and industrialist community to strictly implement

Published 08 Dec, 2015 12:00am

Biannual Review FBR was in complete disarray during 2013

The Federal Board of Revenue (FBR) was in complete disarray during 2013, confronted with efficiency and leadership crises with lack of motivation in FBR workforce due to frequent changes in top management. This has been stated in the FBR review of last tw

Published 08 Dec, 2015 12:00am

FBR Biannual Review: PAs in tribal areas empowered to exercise anti-smuggling powers

The Federal Board of Revenue (FBR) has empowered the Political Administrations in tribal areas to exercise anti-smuggling powers under the new strategy. According to the FBR Biannual Review issued here on Monday, the FBR has taken steps to control smuggli

Published 08 Dec, 2015 12:00am

50 percent equity through FDI: Industrial undertakings to pay reduced tax rate of 20 percent: FBR

The Federal Board of Revenue (FBR) will charge reduced corporate tax rate of 20 percent on income of the industrial undertakings set up between July 2014 to June 2017 for the period of five years, provided their 50 percent equity would be through Foreign

Published 08 Dec, 2015 12:00am

Operation to begin next year 'EDI' system to plug revenue leakage in imports from China

A new system will be made operational in the first part of 2016 to create an Electronic Data Interchange (EDI) between Pakistan and China to plug revenue leakage through misdeclaration and underinvoicing on imports from China. According to the Biannual Re

Published 08 Dec, 2015 12:00am

Recruitment in Iesco: probe may lead to removal of many bigwigs

The Ministry of Water and Power has reportedly completed an inquiry into recruitment scheme of Islamabad Electric Supply Company (Iesco) which will result in sacking of many top officials including the Chief Executive Officer (CEO) Yousaf Awan, well-infor

Published 08 Dec, 2015 12:00am

Remaining old design banknotes to be phased out

As per Federal Government's Gazette Notification dated 4th June, 2015, the old design banknotes will cease to be legal tender with effect from 1st December 2016. Therefore, it has now been decided to phase out all remaining old design banknotes of Rs 10,

Published 08 Dec, 2015 12:00am

Japanese diplomat visits SU

Deputy Consul General of Japan, Yasuharu Shinto called on Professor Dr Abida Taherani, Vice Chancellor University of Sindh in her office and discussed various possibilities of collaboration between Japanese Universities and University of Sindh in future.

Published 08 Dec, 2015 12:00am

Superior courts most trustworthy institutions: survey

The Supreme Court and High Courts of Pakistan have emerged as the most trustworthy institutions of the country in a survey carried out by the Pakistan Institute of Legislative Development and Transparency (Pildat). It also indicated that print and electro

Published 08 Dec, 2015 12:00am

Traders praise LG elections

Traders on Monday termed the holding of local government election 'pleasant' to resolve the long-awaited civic problems in the city and assured support to the elected representatives. "Citizens' numerous problems that not only demand but are awaiting the

Published 08 Dec, 2015 12:00am

Sanaullah's advice to Imran!

Punjab Law Minister Rana Sanaullah has on Monday advised Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan to find a new Reham Khan and take rest after getting married. He said that Imran should now get married again after the crushing defeat in the loca

Published 08 Dec, 2015 12:00am

'CADD minister orders restoration of 248 illegal kiosks'

Minister of Capital Administration and Development Division (CADD) Dr Tariq Fazal Chaudhry, after taking over charge of the Capital Development Authority (CDA) on November 26, ordered the restoration of 248 illegal kiosks that CDA had earlier demolished,

Published 08 Dec, 2015 12:00am

Clean drinking water: phase-wise strategy for districts evolved

KP government has evolved a comprehensive strategy to provide clean drinking water to the people of all the districts of the province in different phases. In the first phase, people of Dera Ismail Khan, Lakki Marwat, Tank and Karak would be facilitated an

Published 08 Dec, 2015 12:00am

LG polls: Imran seeks fresh intra-party elections

After facing humiliating defeat in Karachi and Punjab local government elections, Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan on Monday announced to hold intra-party elections at provincial and district level. After presiding over a meeting of seni

Published 08 Dec, 2015 12:00am

APS martyred students: parents demand arrest of killers

Parents of martyred students of Army Public School (APS) Peshawar have warned on Monday that they would return back gallantry awards, monetary assistance, given to them, for bravery of their slain children, and not to attend ceremony, to be held on occasi

Published 08 Dec, 2015 12:00am

Establishment of Censor Board in KP: legislation in the offing

The provincial government of Khyber Pakhtunkhwa is going to establish its own Censor Board to have effective control and regulation of exhibition films, CDs, videos, stage dramas and shows by means of cinematographs, cable networks or any electronic media

Published 08 Dec, 2015 12:00am

Establishment of Censor Board in KP: legislation in the offing

Published 08 Dec, 2015 12:00am

IMF's EFF: no sustainable growth in sight, says expert

Pakistan has no hope for achieving sustainable economic growth under the International Monetary Fund (IMF) $6.64 billion Extended Fund Facility (EFF) programme largely because it entails heavy taxation which will burden the formal sector, create incentive

Published 08 Dec, 2015 12:00am

China hails Indo-Pak NSA meeting

China is happy to see a thawing of relations between India and Pakistan, a Foreign Ministry spokesperson said on Monday, after a meeting between the two South Asian neighbours. "We sincerely hope the two countries will continue to improve their relations

Published 08 Dec, 2015 12:00am

Mufti Sayeed hails talks

Jammu and Kashmir Chief Minister Mufti Mohmmad Sayeed on Monday termed as a "good beginning" the talks between National Security Advisors of India and Pakistan and said the two sides appear to be on a reconciliation path to bridge the "huge trust deficit.

Published 08 Dec, 2015 12:00am

KPCCI and CCP organise awareness 'Road-show'

Khyber Pakhtunkhwa Chamber of Commerce and Industry (KPCCI) in collaboration with Competitive Commission of Pakistan (CCP) organised an awareness seminar regarding competition laws and its implementation at grassroots level, here at the Chamber house on M

Published 08 Dec, 2015 12:00am

SMEDA holds textile workshop at WBDC Swat

The Regional Office of Small & Medium Enterprises Development Authority (SMEDA), Khyber Pakhtunkhwa arranged a four-day long training workshop for textile cluster of Swat at Women Business Development Centre (WBDC), Swat. The objective of the workshop was

Published 08 Dec, 2015 12:00am

Uplift of Karachi: businessmen hope new Karachi mayor will do his best

Business and Industrial community has congratulated Muttahida Qaumi Movement (MQM) over its victory in local bodies' elections in the city. Patron in chief of Korangi Association of Trade and Industry (KATI) SM Muneer said that business community was conf

Published 08 Dec, 2015 12:00am

Minister voices concern over pollution in Hyderabad

Sindh Minister for Environment, Dr Sikandar Mendhro, said that the people of Hyderabad and its adjacent areas were suffering from various diseases due to the huge affluent being released by 311 factories, poultry, cattle farms and others business units he

Published 08 Dec, 2015 12:00am

Banks asked to set up special counters for pensioners

State Bank of Pakistan on Monday has directed all the banks to establish special counters in their branches in order to facilitate the pensioners and solve their problems. According to a press release issued by SBP on Monday, the decision was taken in a m

Published 08 Dec, 2015 12:00am

Foggy weather delays flights at AIIAP

No letup to the miseries of passengers despite installing 'ILS Category LLL-B' system at Allama Iqbal International Airport (AIIAP) for foggy weather as two international flights have been diverted while the departure of five other flights were delayed on

Published 08 Dec, 2015 12:00am

Call to develop neglected irrigation system

Experts, researches and academia carrying expertise on spate irrigation system hailing from Pakistan's all provinces, including Punjab, Khyber Pakhtunkhwa (KPK), Balochistan and Sindh and one from Netherlands gave rationale about the need of investment to

Published 08 Dec, 2015 12:00am

China can help foster socio-economic development in SAARC region: Suraj Vaidya

The preparatory meeting of 11th China South Asia Business Forum held in Islamabad on December 6, 2015. The meeting was participated by delegates of Chinese business leaders and office-bearers of the national chamber of commerce and industries of the eight

Published 08 Dec, 2015 12:00am

MCB Bank advises clients on imminent global economic turbulence

A seminar titled "Current Economic Turmoil - Risks and Opportunities" was held by MCB Bank Limited for its selective prestigious clientele at MCB Tower. A similar seminar had earlier been held on 5th October, 2015 at MCB House, Lahore to cater to clientel

Published 08 Dec, 2015 12:00am

PCAA celebrates its 33rd anniversary

Pakistan Civil Aviation Authority (PCAA) celebrated its 33rd anniversary on Monday. This day is also celebrated globally as the International Civil Aviation Day, every year as declared by the United Nations. This year International Civil Aviation Organiza

Published 08 Dec, 2015 12:00am

Millat Tractors signs agreement with AGCO

Millat Tractors Limited goes global with the historic signing of export agreement with AGCO recently at Agritechnica, Hannover, Germany. Millat Tractors has entered into an agreement with M/s AGCO for the export of "Made in Pakistan" Massey Ferguson brand

Published 08 Dec, 2015 12:00am

Partly Facetious: Dar sahib allergic to fresh air

"So it's a bit of backbone and then an immediate surgery..."

Published 08 Dec, 2015 12:00am

Haleem Adil Shaikh resigns

Pakistan Muslim League-Quaid-e-Azam Chief Chaudhry Shujaat Hussain has accepted the resignation of party chief in Sindh Haleem Adil Shaikh, here on Monday. Haleem was elected unopposed as party president in Sindh in February 2013 after Ghous Bux Khan Meha

Published 08 Dec, 2015 12:00am

Rival groups in FPCCI at loggerheads over ECO-CCI presidency

Pakistan may lose the opportunity to have established on its territory the much sought-after permanent secretariat of the Economic Cooperation Organization Chamber of Commerce and Industry (ECO-CCI). The apprehension, if becomes a reality, would primarily

Published 08 Dec, 2015 12:00am

Third phase of LG elections: FAFEN registers 13,045 illegalities, irregularities

The third and last phase of the local government elections in 18 districts of Punjab and Sindh was by far the most chaotic and disorderly of all the phases of LG elections in the two provinces and Islamabad, indicating the need for greater and binding pow

Published 08 Dec, 2015 12:00am

PAF key element in counter-terrorism: Prime Minister

Prime Minister Nawaz Sharif on Monday said Pakistan Air Force (PAF) was a key element in counter-terrorism and lauded the role of its airmen and women in the Operation Zarb-e-Azb and other campaigns against terrorists. Addressing the firepower demonstrati

Published 08 Dec, 2015 12:00am

PIA's privatization: Taj Haider deplores promulgation of Presidential Ordinance

Pakistan People's Party (PPP) Sindh chapter General Secretary Senator Taj Haider has deplored the promulgation of a Presidential Ordinance on privatization of PIA.

Published 08 Dec, 2015 12:00am

Four killed in road accident

At least four persons were killed and two others sustained injuries in a collision between a trawler and a car in Chandi Chowk area here on Monday. According to police sources, the car was on its way to Bakhar from Mianwali when an over speeding trawler r

Published 08 Dec, 2015 12:00am

Privatisation: PIA employees observe 'token strike'

Joint Action Committee of PIA Employees (JACPIAE) on Monday observed a 'token strike' at PIA head office against the planned privatisation of national flag carrier. A strong reaction came from Air League of PIA Employees after the issuance of Presidential

Published 08 Dec, 2015 12:00am

LG polls: HRCP notes more violence, mismanagement in final phase

Several incidents of violence and complaints of mismanagement were reported in the final phase of the local government elections in Sindh and Punjab on Saturday, the Human Rights Commission of Pakistan (HRCP) has stated. HRCP, which observed the local bod

Published 08 Dec, 2015 12:00am

Pakistan Cables Limited

Pakistan Cables Limited (KSE: PCAL), the country's oldest and largest cable manufacturer, commenced operations in 1953 and went public in 1955. The company deals in four product categories namely; cables & wires, copper rod, alum-ex, and PVC compound.

Published 08 Dec, 2015 12:00am

Pakistan Cables Limited

Published 08 Dec, 2015 12:00am

2014-15: ST collection from cigarettes increases by 19 percent

Sales tax collection on local stage/domestic supply from cigarettes has increased by 19 percent during 2014-15, despite decrease of 2.8 percent in total production of cigarettes by documented sector during the said period. According to the FBR's Biannual

Published 08 Dec, 2015 12:00am

New trade policy soon: minister

"The government is finalising a new trade policy and it would be announced shortly." This was stated by Federal Minister Rana Tanveer Hussain while responding to questions on behalf of Commerce Minister during question hour in the National Assembly on Mon

Published 08 Dec, 2015 12:00am

Ayyan Ali: Customs prosecutor challenges court's order in IHC

Customs prosecutor Farhat Abbas Lodhi challenged the Court of Special Judge Customs' order regarding delivery of passports to model Ayyan Ali in the Islamabad High Court on Monday. Special Customs Court Rawalpindi had returned passports of model Ayyan Ali

Published 08 Dec, 2015 12:00am

TV channel's case: SC adjourns hearing

The contempt of court proceedings against a private television channel's chief executive Salman Iqbal was adjourned on Monday till the constitution of new bench. The hearing was adjourned for two reasons: firstly a member of the bench Justice Ijaz Ahmed C

Published 08 Dec, 2015 12:00am

Four of a family burnt to death in Bannu

At least four members of same family including two women and children were burnt to death when fire engulfed the house in Toda-Noor-Khail area here in the wee hours of Monday. According to details, the head of the family named Sher Dawood burned fire insi

Published 08 Dec, 2015 12:00am

Privatization of HEC: IHC to take up contempt of court plea today

Islamabad High Court (IHC) will take up the petition of Cargill Holding seeking contempt of court proceeding against Chairman of the Privatization Commission Zubair Ahmed, Director Administration Syed Zain Gillani and a police official on December 08 (tod

Published 08 Dec, 2015 12:00am

Beijing declares first-ever red alert for pollution

China's capital issued its first-ever red alert for pollution on Monday, as a new blanket of choking smog was projected to descend on the city. From Tuesday morning half of Beijing's private cars will be ordered off the road, with an odd-even number plate

Published 08 Dec, 2015 12:00am

Egypt-bound German plane emergency lands after bomb scare

A German passenger plane flying to the Egyptian Red Sea resort of Hurghada landed in Budapest on Monday after a bomb scare but no explosives were found, Hungarian police said. German airline Condor said that the Airbus A321 from Berlin with 140 passengers

Published 08 Dec, 2015 12:00am

Top Bhutanese filmmaker dies

Leading Bhutanese director Tshering Wangyel, who played a key role in developing the Himalayan kingdom's movie industry with films that blended Bollywood and Buddhism, died in hospital Monday aged 43. "Our prolific filmmaker, Director Tshering Wangyel has

Published 08 Dec, 2015 12:00am

Tanzania sacks top transport officials

Tanzania's president sacked several top transport ministry and port officials Monday, in the latest crackdown on graft in the east African nation. President John Magufuli, who took power last month after winning October 25 elections, has introduced a swat

Published 08 Dec, 2015 12:00am

Struggle looms as Venezuela opposition vows to fix crisis

Venezuela's jubilant opposition vowed Monday to drag the oil-rich country out of its economic crisis and free political prisoners after winning control of congress from socialist President Nicolas Maduro. But analysts warned political uncertainty and poss

Published 08 Dec, 2015 12:00am

Latvian Prime Minister resigns

Latvian Prime Minister Laimdota Straujuma announced her resignation on Monday after less than two years in office, saying there was a need for "new ideas" following a fallout within her centre-right party. "It's become clear that new people with new ideas

Published 08 Dec, 2015 12:00am

North Korea test site activity could be bluff: nuclear ban monitor

Heightened activity at a North Korean nuclear test site could be a bluff rather than preparations to set off an atomic device soon, the head of an international body set up to monitor a ban on nuclear testing said on Monday. A report by 38 North, a North

Published 08 Dec, 2015 12:00am

Iran swine flu outbreak kills 33 in three weeks

An outbreak of swine flu has left 33 people dead in two provinces of southwestern Iran in the past three weeks, the official IRNA news agency reported on Monday. IRNA quoted Deputy Health Minister Ali Akbar Sayyari as saying there had been 28 deaths in Ke

Published 08 Dec, 2015 12:00am

Palestinian killed

A Palestinian stabbed and seriously wounded an Israeli near a flashpoint holy site in the West Bank city of Hebron on Monday and was shot dead by security forces, Israeli police said. The attack occurred around a border police post near the Tomb of the Pa

Published 08 Dec, 2015 12:00am

7.2-magnitude quake strikes Tajikistan, at least one dead

A powerful 7.2-magnitude earthquake struck eastern Tajikistan on Monday, US experts said, and state television said one person was killed ten were injured. The tremor hit at 7:50 GMT in the Central Asian country, some 109 kilometres (67 miles) west of the

Published 08 Dec, 2015 12:00am

Iraq warns Turkey to pull forces, Ankara says unlikely

Baghdad warned Ankara on Monday that time is running out to remove forces it sent to northern Iraq without permission, but Turkey indicated it was unlikely to do so. Prime Minister Haider al-Abadi said there were "only 24 hours left" of the 48 that Iraq g

Published 08 Dec, 2015 12:00am

Nato says won't send ground troops to fight IS

Nato has ruled out sending ground troops to fight against Islamic State militants in Syria, Nato General Secretary Jens Stoltenberg told a Swiss newspaper, stressing the need to bolster local forces in the conflict. "That is not on the agenda of the coali

Published 08 Dec, 2015 12:00am

Syria accuses US-led coalition of killing regime troops

Syria expressed outrage Monday after a suspected US-led coalition strike for the first time killed regime troops, but the coalition denied its warplanes hit an army base. In a letter to the United Nations Security Council and Secretary General Ban Ki-moon

Published 08 Dec, 2015 12:00am

Cuba nears deal with Paris Club on debt forgiveness

Cuba is near a deal with 15 rich creditor nations of the Paris Club to restructure $16 billion in debt stemming from a 1986 default, with creditors expected to forgive most of the amount owed, diplomats close to the talks said. The parties will meet in Pa

Published 08 Dec, 2015 12:00am

IS earns $80 million a month but starting to struggle

The Islamic State group is pulling in some $80 million a month, mainly from levies and confiscations, but is struggling financially as strikes hit its oil infrastructure, analysis firm IHS said Monday. In a new report, IHS Conflict Monitor said that IS, u

Published 08 Dec, 2015 12:00am

Krizia designer Mandelli dies

Mariuccia Mandelli, a pioneering female fashion designer who created the Italian brand Krizia and was credited with inventing hotpants, has died at the age of 90, associates announced Monday. Prime Minister Matteo Renzi led tributes to a woman he describe

Published 08 Dec, 2015 12:00am

SAGA Cricket Premier League begins

The SAGA Cricket Premier League will stroll into action here on Tuesday (today) at the Qadhafi Stadium, Lahore. The inaugural match will be played between SAGA Punjab and SAGA Sindh while the second match of the tournament will also played at the same day

Published 08 Dec, 2015 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 08 Dec, 2015 12:00am

Taiwan exports tumble

Taiwan's exports slumped far more than expected in November, denting hopes the trade-reliant economy can grow in the last quarter of this year after sinking into recession in July-September. The 16.9 percent on-year contraction in exports in November was

Published 08 Dec, 2015 12:00am

Japan's manufacturers' mood up

Confidence among Japanese manufacturers bounced in December for the first time in four months and it is seen inching up ahead, a Reuters poll found, suggesting the economy is slowly emerging from a recession. In a sign of still-sluggish domestic demand, h

Published 08 Dec, 2015 12:00am

Karachi Port's activities

The Karachi Port handled 169,082 tonnes of cargo comprising 210,452 tonnes of import cargo and 58,630 tonnes of export cargo including 7,249 loaded and empty containers during the last 48 hours ending at 0700 hours on Monday. The total import cargo of 210

Published 08 Dec, 2015 12:00am

Paris wheat futures hit to two-month low

Paris wheat futures extended losses on Friday to hit a new two-month low after the previous day's surge in the euro continued to weigh on a European wheat market dependent on exports to clear a hefty harvest surplus. The euro fell against the dollar on Fr

Published 08 Dec, 2015 12:00am

Vegetable Oil

European vegoils: palm oil up again on El Nino worries

Palm oil on the European vegetable oils market firmed again on Friday due to concerns over the El Nino weather pattern that could cause dry weather and cut yields, and because of a strong ringgit. "The European cash market drifted gently into the weekend

Published 08 Dec, 2015 12:00am

US natural gas futures little changed

US natural gas futures ended little changed on Friday on weather forecasts calling for continued warmer-than-normal temperatures that will keep heating demand low through the middle of December. Front-month gas futures on the New York Mercantile Exchange

Published 08 Dec, 2015 12:00am

Russia's winter grain in better condition

Russia's winter grains are in a better condition than last year, Anna Strashnaya, head of the agricultural department at state weather forecaster Hydrometcentre, said in comments which may help allay concerns over next year's crop. Russia harvested more t

Published 08 Dec, 2015 12:00am

US Plains HRW wheat bids flat

Spot basis bids for hard red winter wheat were flat at elevators across the southern US Plains on Friday. Grain dealers said that country movement was slow after farmers booked light sales on Thursday to take advantage of a sharp rally in the futures mark

Published 08 Dec, 2015 12:00am

Cotton

Daily trading report of PMEX

On Friday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 9,795 million. The number of lots traded was 47.99 million. PMEX Commodity Index closed at 2,575. Major business was contributed by gold amounting to PKR 9,212million followed by crud

Published 08 Dec, 2015 12:00am

Cotton

Prices mixed on grain market

Prices moved both ways on the wholesale grain market on Monday in the process of modest trading, dealer said. On the cereals side, Moong Punjab lost Rs 250 to Rs 10250 and Moong Afghan, however, gained Rs 750 to Rs 12250, Guwar Sindh was down by Rs 200 to

Published 08 Dec, 2015 12:00am

US FOB Gulf soyabean premiums mostly steady

Export premiums for soyabeans shipped from the US Gulf Coast held mostly steady on Friday, with nearby values supported by solid demand from top importer China, traders said. FOB basis offers for US soyabeans shipped in late winter and early spring were a

Published 08 Dec, 2015 12:00am

Vegetable Oil

Canadian canola falls

ICE Canadian canola fell on Friday as commercial dealer hedged purchases from farmers and after the Canadian government boosted its harvest estimate more than expected. For the week, the January contract climbed 2.4 percent, the biggest nearby weekly gain

Published 08 Dec, 2015 12:00am

Cotton

Subdued business seen on cotton market

Slow business was seen on the cotton market on Monday as mills and spinners did not take interest in fresh buying, dealers said. The official spot rate was unchanged at Rs 5,200, dealers said. In Sindh, seed cotton prices were at Rs 2200 and Rs 2800 and i

Published 08 Dec, 2015 12:00am

Iron ore falls to fresh 10-year low, steel weaker

Spot iron ore prices fell to a fresh 10-year low below $40 a tonne on Friday and were set for their steepest weekly decline in five months as falling Chinese steel demand increased a global glut of the steelmaking raw material. More steel mills in China's

Published 08 Dec, 2015 12:00am

Top rubber producers agree to study export cuts

Asia's top rubber producers are studying the possibility of curtailing exports in 2016 to support prices that have slipped to the lowest in seven years. The International Tripartite Rubber Council (ITRC), whose members Thailand, Indonesia and Malaysia pro

Published 08 Dec, 2015 12:00am

CBOT wheat ends higher on short-covering

Wheat futures on the Chicago Board of Trade rose on Friday for a second straight session on bargain buying and fund short-covering, following a mid-week drop to multi-year lows, traders said. K.C. hard red winter wheat and MGEX spring wheat futures also c

Published 08 Dec, 2015 12:00am

US Midwest corn, soyabean bids steady

Spot basis bids for corn and soyabeans were mostly steady at processors and elevators around the US Midwest on Friday but the market had a weak tone, grain dealers said. Farmers booked sales of both commodities on Friday. Dealers noted renewed interest in

Published 08 Dec, 2015 12:00am

Aaj TV - Tuesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 08 Dec, 2015 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 08 Dec, 2015 12:00am

Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (December 07, 2015).

Published 08 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 12	252.63
Diesel/Litre / May 12	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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