News Archives for Print - 2016-01-06

Print - 2016-01-06

Currency

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (January 05, 2016).

Published 06 Jan, 2016 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Tuesday (January 05, 2016).

Published 06 Jan, 2016 12:00am

Libor

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Tuesday (January 05, 2016).

Published 06 Jan, 2016 12:00am

Exchange

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Tuesday (January 05, 2016).

Published 06 Jan, 2016 12:00am

Currency

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Tuesday (January 05, 2016).

Published 06 Jan, 2016 12:00am

Exchange

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (January 05, 2016).

Published 06 Jan, 2016 12:00am

Exchange

Barclays bid rates and maximum rates for payment of interest

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

Published 06 Jan, 2016 12:00am

Exchange

State Bank of Pakistan conversion rates

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

Published 06 Jan, 2016 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 06 Jan, 2016 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 06 Jan, 2016 12:00am

Aaj TV - Wednesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 06 Jan, 2016 12:00am

Cotton

History of Karachi Port Trust

The existence of Karachi Port dates back to eighteenth century when Alexander, the great, ended his campaign along the Punjab Rivers and Indus. His Admiral Nearchus, with his fleet, reached Krokala which is known today as Keamari. Writers like James Renne

Published 06 Jan, 2016 12:00am

KPT Head Office Building

Our national heritage embarks our cultural symbol in form of Karachi Port Trust's Head Office Building. It was incorporated in the era of British government in sub-continent. The first glance of the building reminds us the renaissance of British Raj. It i

Published 06 Jan, 2016 12:00am

Message from Chairman Karachi Port Trust Vice Admiral (R) Shafqat Jawed

I feel honoured and pride to navigate an institution which is moving fast against the high tides of the time. It holds the position of one of the leading pores of the world. On this occasion of celebration, I would like to share a brief history of the org

Published 06 Jan, 2016 12:00am

Message from Director General (Ports & Shipping) Asad Rafi Chandna

I would like to compliment the Chairman KPT Vice Admiral Shafqat Jawed under whose leadership the KPT Building has attained 100 years of existence since its construction and inauguration on 5th January 1916. It is, indeed, a great privilege for me to be p

Published 06 Jan, 2016 12:00am

Message from Secretary Ports and Shipping Khalid Pervaiz

Ports always play vital role in the economy of any country. In the modem times its role has become more important than ever. Latest technology has brought revolution in every field of life and equally in this particular sector. KPT has come out a long way

Published 06 Jan, 2016 12:00am

Message from Minister for Ports and Shipping Senator Kamran Michael

It is a matter of immense pleasure for me to be a part of the centenary celebration of the grand building of Karachi Port Trust. The building bears historical importance and is a symbol of classical art and a national heritage of our country, Karachi Port

Published 06 Jan, 2016 12:00am

Exchange

Daily trading report of PMEX

On Monday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 7,492 million. The number of lots traded was 32.07 million. PMEX Commodity Index closed at 2,521. Major business was contributed by gold amounting to PKR 6,205 million followed by cru

Published 06 Jan, 2016 12:00am

CBOT wheat futures fall

Wheat futures on the Chicago Board of Trade sank on Monday, setting contract lows across the board as a 7 percent drop in Chinese equity markets ignited worries about the health of the global economy, traders said. K.C. hard red winter and MGEX spring whe

Published 06 Jan, 2016 12:00am

Vegetable Oil

European vegoils: palm oil lower on China's demand

Palm oil on the European vegetable oils market eased on Monday, the first trading day in 2016, on worries over the economy of top buyer China, which could slow demand. "The market was slow overall as players have to start up again following the holiday se

Published 06 Jan, 2016 12:00am

US FOB Gulf corn, soyabean premiums firmer

Export premiums for corn and soyabeans shipped from the US Gulf Coast were firm on Monday, supported by slow movement of grain-loaded barges from the Midwest due to flooding on the Mississippi River and its tributaries, traders said. US wheat export premi

Published 06 Jan, 2016 12:00am

Bangladesh tea prices rise

Tea prices in Bangladesh rose for a third straight session at the weekly auction on Tuesday due to strong demand for the winter season although sales dropped on a higher volume of poor grades on offer. Bangladeshi tea fetched an average 193.87 taka ($2.44

Published 06 Jan, 2016 12:00am

EU wheat futures fall

Euronext wheat futures slipped to a new four-month low on Monday as investor jitters over China reinforced prevailing bearish sentiment in well-supplied grain markets. March milling wheat on the Paris-based Euronext market settled down 2.50 euros at 171.0

Published 06 Jan, 2016 12:00am

Activity at Karachi & Qasim ports

The Karachi Port handled 154,418 tonnes of cargo comprising 121,503 tonnes of import cargo and 32,915 tonnes of export cargo including 5,208 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday. The total import cargo of 12

Published 06 Jan, 2016 12:00am

Cotton

Oil cake market rates

The January vaida was lower, while the March contract was unchanged on the forward cottonseeds oilcake market on Tuesday in the process of trading, dealers said. The January vaida was closed at Rs 2049.20 and it commenced with a loss of 20 paisa at Rs 204

Published 06 Jan, 2016 12:00am

Cotton

Cotton market: Prices firm as buying interest emerges among mills, spinners

Rates stabilised on the cotton market on Tuesday as some leading mills and spinners took interest in fresh buying to meet urgent needs, dealers said. The official spot rate was unchanged at Rs 5,250, dealers said. In Sindh, seed cotton prices were inert a

Published 06 Jan, 2016 12:00am

India seeks to import 320,000 tonnes of maize

Indian state-run trading company PEC has issued an international tender to import 320,000 tonnes yellow corn (maize), European traders said on Tuesday. The tender closes on January 11 and offers must remain valid up to January 14, they said. Sources said

Published 06 Jan, 2016 12:00am

Cotton

Lean business on grain market

A few changes were seen on the wholesale grain market on Tuesday in the process of modest trading, dealer said. On gram sector, yellow peas Russia gained Rs 100 to Rs 3900 and the yellow peas Dall Russia also picked up same amount to Rs 4400, other items

Published 06 Jan, 2016 12:00am

Cotton

Cotton hits more than one-month low on China concerns, dollar strength

Cotton futures fell to their lowest levels in more than one month on Monday as weak manufacturing data and tumbling stocks in China, the world's top consumer of the fibre, stoked demand concerns. "It suggests that they might not import as much cotton," sa

Published 06 Jan, 2016 12:00am

Exchange

Shanghai copper climbs

Shanghai Futures Exchange copper trimmed small losses to climb 1.2 percent to 36,590 yuan ($5,612) a tonne on Tuesday, having shown more resilience on Monday, hitting only a three-session low. Chinese shares regained some footing after a rout the session

Published 06 Jan, 2016 12:00am

Exchange

Copper recovers as China battles to shore up equities

Copper bounced on Tuesday as China pumped in an estimated $20 billion to stabilise its equity and currency markets, though worries over slowing demand in the world's top metals user kept gains firmly in check. China stocks ended higher thanks to the huge

Published 06 Jan, 2016 12:00am

Opec December oil output slips, still near record

Opec oil output fell in December, a Reuters survey found on Tuesday, led by lower supply from Iraq following a record-breaking month in November and smaller declines elsewhere in the producer group. The Organisation of the Petroleum Exporting Countries is

Published 06 Jan, 2016 12:00am

Exchange

Rubber falls

Benchmark Tokyo rubber futures fell to their lowest in nearly seven years on Tuesday as investors continued to sell amid worries about shaky stock markets in China and Japan and renewed concerns over softening demand in top buyer China. The Tokyo Commodit

Published 06 Jan, 2016 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

The following were Tuesday's Rotterdam vegetable oil prices at 1700 GMT.

Published 06 Jan, 2016 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

The following were Tuesday's Rotterdam vegetable oil prices at 1700 GMT.

Published 06 Jan, 2016 12:00am

Corn, wheat and soyabeans sag to start 2016

Chicago Board of Trade corn, wheat and soyabean futures fell sharply on Monday as concerns about economic weakness in China and the dollar's strength raised concerns about global demand for US commodities, traders said. Corn sank to its lowest level in fo

Published 06 Jan, 2016 12:00am

Vegetable Oil

Palm oil recovers

Malaysian palm oil futures staged a turnaround on Tuesday, reversing earlier losses, after traders forecast sharp falls in December output. The benchmark palm oil contract for March on the Bursa Malaysia Derivatives Exchange ended the trading day 0.7 perc

Published 06 Jan, 2016 12:00am

Speculators push cocoa to October lows, raw sugar sinks

Cocoa futures on ICE fell sharply in heavy volume for the second straight session on Tuesday, dropping to the lowest since October as speculators continued their selling spree, while raw sugar fell nearly 3 percent. Coffee prices also eased amid a second

Published 06 Jan, 2016 12:00am

Gold jumps in New York

Gold rallied 2 percent to a four-week high on Monday, buoyed by rising tensions in the Middle East and a sharp drop in stocks following weak Chinese data that fuelled concerns over global growth. Palladium, which as a largely industrial metal is more expo

Published 06 Jan, 2016 12:00am

Gold extends gains in Asia

Gold added to an overnight surge in prices on Tuesday, as escalating geopolitical tensions in the Middle East and a global stock market rout triggered safe-haven bids for the metal. Spot gold had risen 0.3 percent to $1,077.15 an ounce by 0718 GMT. On Mon

Published 06 Jan, 2016 12:00am

Gold gains in Europe

Gold rose on Tuesday after a wave of risk aversion due to growth worries in China and rising tensions in the Middle East triggered demand for the metal. Spot gold was up 0.3 percent at $1,077.75 an ounce by 1514 GMT. On Monday, the metal jumped by as much

Published 06 Jan, 2016 12:00am

US MIDDAY: wheat, corn and soya up

US wheat, corn and soyabean futures edged higher on Tuesday as investors used the previous session's sharp declines to take profits on bearish bets they had placed on the commodities sector, traders said. "Grain futures are trying to rebound this morning

Published 06 Jan, 2016 12:00am

US MIDDAY: gold rises

Gold rose for the second straight session on Tuesday after a wave of risk aversion due to growth worries in China and rising tensions in the Middle East triggered demand for the metal, despite the stronger US dollar. Spot gold was up 0.3 percent at $1,077

Published 06 Jan, 2016 12:00am

Lowest Indonesia inflation in six years widens room for a rate-cut

Indonesia's annual inflation rate cooled to the lowest in six years in December, which might pave the way for the central bank to cut a benchmark rate held at 7.50 percent since February 2015. High inflation has been one of the issues keeping Bank Indones

Published 06 Jan, 2016 12:00am

Australia home prices stall as Sydney cools

Australian home price growth stalled in December as tighter lending rules and higher mortgage rates took the heat out of the Sydney market, though the overall result masked wide differences across the major cities. Monday's figures from property consultan

Published 06 Jan, 2016 12:00am

Currency

Canada manufacturing activity hits record low in December

Canada's manufacturing sector contracted for the fifth consecutive month in December as activity fell to a record low, data showed on Monday, the latest indicator that the economy may have been weaker than anticipated in the final quarter of the year. The

Published 06 Jan, 2016 12:00am

Thailand plans to cut personal income taxes from 2017

Thailand plans to reduce personal income tax rates from 2017 in a bid to boost consumer spending power and help broaden the tax base, a finance ministry official said on Monday. Prasong Poontaneat, director-general of the Revenue Department, told reporter

Published 06 Jan, 2016 12:00am

Currency

Norway posts record fish exports despite Russian embargo

Norway registered record fish exports in 2015 thanks to a weaker currency which compensated for a Russian food embargo, an industry body said Tuesday. Norway's fish exports totalled 74.5 billion kroner (7.75 billion euros, $8.35 billion), more than double

Published 06 Jan, 2016 12:00am

Private home prices fall at slowest pace since 2013

Singapore's private home prices fell at their slowest pace since 2013, offering signs that the two-year-long run of successive quarterly declines in one of the world's most expensive property markets might be approaching a floor. The private residential p

Published 06 Jan, 2016 12:00am

Singapore fourth quarter GDP beats forecasts but belies Asian weakness

Singapore's economy posted surprisingly strong growth in the fourth quarter, driven mostly by domestically-focused sectors, which offset weakness in the city-state's export-oriented industries as Asian economic demand continued to slump. Gross domestic pr

Published 06 Jan, 2016 12:00am

Hong Kong November retail sales dive, string of falls the longest in 13 years

The value of Hong Kong retail sales fell for a ninth consecutive month in November, the longest period of decline in 13 years, hit by a slide in the number of Chinese tourists coming to the city and by weak consumer spending. Retail sales plunged 7.8 perc

Published 06 Jan, 2016 12:00am

Exchange

CEE factory output grows steadily, unfazed by China worries

Factory output in central and eastern Europe grew steadily in December despite worries over China's slowing growth, data showed on Monday, with the region benefiting from lower oil prices and rising demand from the euro zone, its main trade partner. The m

Published 06 Jan, 2016 12:00am

Busy Christmas season gives Spain's jobs market a lift

A busy Christmas season in Spain helped boost registered employment in December, data showed, though the country's jobless rate remains one of the highest in Europe. The number registered as jobless fell by 1.34 percent month on month, or by 55,790 people

Published 06 Jan, 2016 12:00am

Exchange

US lawsuit turns up heat on Volkswagen

The decision by the US government to sue Volkswagen over the massive pollution-cheating scandal turned up the heat on the former paragon of German industry on Tuesday and fuelled speculation about how much the affair will finally cost the embattled auto g

Published 06 Jan, 2016 12:00am

Exchange

France's Orange, Bouygues in telecoms tie-up talks

France's telecommunications giant Orange is in talks to buy its smaller rival Bouygues Telecom, both companies said Tuesday, a move that would consolidate one of Europe's most competitive telecoms marketplaces. Orange, which is 20-percent owned by the Fre

Published 06 Jan, 2016 12:00am

Accountants voice concern over EU guidelines for bank auditors

Draft European Union rules requiring accountants to tell regulators about problems they uncover at banks are likely to be far costlier than expected and difficult to apply at global lenders, a hearing heard on Tuesday. The EU's European Banking Authority

Published 06 Jan, 2016 12:00am

Indonesia imposes extra capital surcharge on biggest banks

Indonesia's banking watchdog has instructed the biggest banks to set aside more capital this year in an effort to reduce risks to the financial sector. The Financial Services Authority (OJK) said on its website it will rank systemically important banks (S

Published 06 Jan, 2016 12:00am

ECB raises bar for banks' payouts if capital is low

The European Central Bank is raising the bar on how much a bank can pay out in bonuses, dividends and coupons if its capital level falls below the regulatory minimum, it said on Tuesday. Euro zone bank managers and investors had been left scratching their

Published 06 Jan, 2016 12:00am

Eurozone inflation lingers near zero despite ECB boost

Eurozone inflation remained lower than expected in December, official data said on Tuesday, adding pressure on the European Central Bank to once again ramp up its efforts to boost the economy in Europe. ECB president Mario Draghi disappointed markets last

Published 06 Jan, 2016 12:00am

US small businesses borrowed less in November: PayNet

US small businesses cut borrowing for a second straight month in November, a fresh sign that economic growth may weaken in the coming months as the Federal Reserve gauges the effect of its first interest-rate hike in nearly a decade. The Thomson Reuters/P

Published 06 Jan, 2016 12:00am

German jobless remains at post-reunification low

German unemployment was steady at historic low levels in December as the recovery in Europe's biggest economy remains on track, data showed on Tuesday. Unemployment stands at the lowest level since west and east Germany reunited in 1990 after the fall of

Published 06 Jan, 2016 12:00am

Currency

No IMF programme needed for Nigeria: Lagarde

Africa's biggest economy Nigeria, battling a revenue shortfall caused by the global oil shock, does not need assistance from the International Monetary Fund, the group's head said on Tuesday. "Let me be very clear: I'm not here nor is my team here to nego

Published 06 Jan, 2016 12:00am

Estonia, Finland mull undersea rail tunnel

Estonia and Finland on Tuesday agreed to take another step towards building an undersea railway tunnel linking their respective capitals, located on opposite shores of the Baltic Sea. Estimated to cost around 13 billion euros ($14 billion), the project wo

Published 06 Jan, 2016 12:00am

Ford teams with Amazon to connect homes with cars

Ford unveiled an alliance Tuesday with US online giant Amazon aimed at allowing people to connect their cars into "smart home" networks. The partnership unveiled at the Consumer Electronics Show in Las Vegas aims to bring together connected vehicles with

Published 06 Jan, 2016 12:00am

Netflix and DreamWorks expand partnership globally

Netflix and DreamWorks Animation announced Tuesday they are expanding a partnership to distribute original TV series, old and new, in markets around the world, except China. The two companies first struck a deal in 2011 covering the distribution of DreamW

Published 06 Jan, 2016 12:00am

Exchange

Most of Gulf markets weak, Saudi's Savola plunges on Iran tensions

Most Gulf stock markets remained weak on Tuesday because of concern about volatile oil prices and the outlook for the global economy, while Egypt rallied on the back of buying by foreign investors. The Saudi index climbed in the opening minutes but soon t

Published 06 Jan, 2016 12:00am

Indian shares tumble

Indian stocks closed at their lowest level in over two weeks on Tuesday as overall market sentiment remained cautious due to continued worries about China's markets. The broader NSE index ended 0.09 percent lower, while the benchmark BSE index ended 0.17

Published 06 Jan, 2016 12:00am

Tuesday's early trade: stocks recover

US stocks recovered on Tuesday from a bruising selloff on the first trading day of the year, but early gains evaporated as investors remained wary of a global economic slowdown. The shaky start to the year was also underpinned by a fall in crude oil price

Published 06 Jan, 2016 12:00am

Exchange

Wall Street begins year sharply lower after China selloff

US stocks began 2016 sharply lower on Monday, with the Dow marking its worst start to a year since 2008, after weak Chinese economic data fanned fears of a global slowdown. Indexes partly recovered late in the session, following a turnaround in oil prices

Published 06 Jan, 2016 12:00am

Taiwan stocks up

Taiwan stocks rose slightly on Tuesday, reversing early losses, but buying could be short lived with regional bourses glum and volatility seen in Chinese shares after an early rout. Trading is likely to remain cautious ahead of key Taiwan data this week.

Published 06 Jan, 2016 12:00am

Treasury yields fall

US Treasury yields fell on Monday, with benchmark yields hitting nearly two-week lows after a tumble in Chinese shares fuelled worries over global growth and drove demand for safe-haven US government debt. Mainland Chinese shares fell 7 percent, triggerin

Published 06 Jan, 2016 12:00am

Treasury yields fall

Published 06 Jan, 2016 12:00am

Currency

Tokyo shares lower

Tokyo shares closed lower after a see-saw session Tuesday, extending the previous day's sharp losses with investors on edge over the global economy and tensions in the Middle East. A weak round of manufacturing data out of China sparked a sharp sell-off i

Published 06 Jan, 2016 12:00am

Hong Kong shares fall

Hong Kong shares weakened on Tuesday, tracking losses in global markets, although sentiment improved on signs that mainland stocks stabilised, thanks to government intervention following Monday's crash. The Hang Seng index fell 0.7 percent, to 21,188.72,

Published 06 Jan, 2016 12:00am

Exchange

China stock indexes close mixed

China stocks closed mixed on Tuesday in volatile trade, with indexes swinging into and out of negative territory as government support measures struggled for traction in afternoon trade. The CSI300 index of the largest listed companies in Shanghai and She

Published 06 Jan, 2016 12:00am

European shares end higher as mining, telecoms stocks gain

European shares closed up on Tuesday, supported by a rally in mining and telecoms stocks, though worries over China persisted a day after poor Chinese factory data triggered a global stock market sell-off. Traders also cited talk that weaker-than-expected

Published 06 Jan, 2016 12:00am

Exchange

Australia and New Zealand shares stumble

Australian shares extended falls to drop 1.6 percent on Tuesday as traders played catch-up to a major sell-off in Chinese stocks the previous day, which sent shockwaves around the globe. A semblance of calm returned to Chinese stocks on Tuesday with the C

Published 06 Jan, 2016 12:00am

Exchange

Southeast Asian markets: Thai index at two-year low

Most Southeast Asian stock markets fell on Tuesday, with the Philippines reflecting little change after the central bank's guidance on monetary policy, while the Thai index hit a two-year low amid foreign-led selling and losses in telecom shares. Philippi

Published 06 Jan, 2016 12:00am

Currency

FTSE outperforms in Europe as miners regain ground

British shares outperformed those elsewhere in Europe on Tuesday, buoyed by a rebound in mining stocks after moves to stabilise Chinese markets helped copper higher. The FTSE 100 was up 0.7 percent at 6,137.24 points by the close following a choppy sessio

Published 06 Jan, 2016 12:00am

China's yuan firms

China's onshore yuan firmed against the dollar on Tuesday after suspected intervention by the central bank, a day after a slide in the country's forex and stock markets sparked a panicky global sell-off. The People's Bank of China set the midpoint rate at

Published 06 Jan, 2016 12:00am

Currency

Yen rally stalls in Asia

The yen's rally against the dollar and euro stalled on Tuesday after as a slide in China's share markets halted, although the dealers remained on guard as it was uncertain whether Chinese equities had found a bottom. The euro earlier touched 129.08 to the

Published 06 Jan, 2016 12:00am

Currency

Yen soars in Europe as investors lose their risk appetite, again

Investors once again flocked to the safety of the yen on Tuesday as a modest pick-up in risk appetite gave way to jitters over Chinese market turbulence and stalling growth and the breakdown in relations between Saudi Arabia and Iran. The Japanese currenc

Published 06 Jan, 2016 12:00am

Currency

Early trade in New York: Yen jumps on jitters over China, Middle East

The yen rose on Tuesday as traders sought safety in the low-risk currency on anxiety about sluggish global growth, further losses in the Chinese stock market and the breakdown in relations between Iran and Saudi Arabia. The Japanese currency, traditionall

Published 06 Jan, 2016 12:00am

Currency

Yen rises broadly in New York

The Japanese yen rose broadly on Monday, as traders piled into the traditional low-risk currency after disappointing Chinese factory data sparked a selloff on global stock markets. The yen rose to an 11-week high against the dollar and climbed to a level

Published 06 Jan, 2016 12:00am

Currency

Sri Lankan rupee steady

The Sri Lankan rupee ended steady on Tuesday, hovering near its record low hit in the previous session, as dollar sales by a private bank offset importer demand for the US currency, dealers said. The dealers said expectations of a further fall in the rupe

Published 06 Jan, 2016 12:00am

Exchange

Most emerging Asian currencies rebound

Most emerging Asian currencies rebounded on Tuesday as China took steps to restore calm, including through suspected currency market intervention, after a plunge in China's share markets the previous day forced emerging market investors into retreat. Stro

Published 06 Jan, 2016 12:00am

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Tuesday. 78.50-78.50 (previous 78.50-78.50). 01.25-04.50 percent (Previous 01.25-04.50 percent).

Published 06 Jan, 2016 12:00am

Currency

Sterling plumbs nine-month lows versus dollar

Sterling slid to its weakest since April against the dollar on Tuesday, with a bullish reading on the construction sector failing to bolster expectations for higher interest rates in a year set to be dominated by debate over a "Brexit" from Europe. Agains

Published 06 Jan, 2016 12:00am

Currency

Aussie, kiwi nurse hefty losses

The Australian and New Zealand dollars were holding hefty losses on Tuesday against their US counterpart and yen as a global selloff in equities sparked a rush to safety, pulling down bond yields. The Australian dollar held at $0.7198, having dropped a fu

Published 06 Jan, 2016 12:00am

New Zealand seal series win

New Zealand sealed the one-day series against Sri Lanka on Tuesday with Martin Guptill's century spearheading a 36-run victory in the fifth and final one-dayer at Mount Maunganui. Matt Henry's five-wicket bag helped ensure the hosts took a 3-1 series win

Published 06 Jan, 2016 12:00am

Mumbai boy's 1,000 runs in innings smash 117-year record

A Mumbai schoolboy made history on Tuesday when he became the first batsman in any class of cricket to score 1,000 runs in a single innings, with Indian legend Sachin Tendulkar leading the plaudits. Fifteen-year-old Pranav Dhanawade smashed his way to 1,0

Published 06 Jan, 2016 12:00am

Rooney named England Player of the Year

Manchester United striker Wayne Rooney has been voted England's Player of the Year for the fourth time after breaking his country's scoring record, the Football Association announced on Tuesday. The 30-year-old took his England tally to 51 goals, breaking

Published 06 Jan, 2016 12:00am

Australia withdraw from U-19 World Cup in Bangladesh

Australia have withdrawn from the under-19 World Cup in Bangladesh later this month because of concerns over the safety and security of their squad, Cricket Australia said on Tuesday. Cricket Australia postponed a test tour of Bangladesh in October for si

Published 06 Jan, 2016 12:00am

Schedule for Cool and Cool cricket announced

The Pakistan Cricket Board (PCB) has announced the schedule of the Cool and Cool National One Day tournament 2015-16. The tournament will start on January 10. As many as 16 teams, divided into two groups, are expected to participate. Four regional teams a

Published 06 Jan, 2016 12:00am

Hissam helps Newage outpace Guard Group in Polo Cup

Hissam's double hat-trick helped Master Paints/Newage outpace Guard Group 7-21/2 in the Diamond Paints-sponsored Pakistan Polo Cup 2016 second match played here at the Lahore Polo Club (LPC) ground on Tuesday. Hissam Ali Hyder once again showed why he is

Published 06 Jan, 2016 12:00am

Gayle fined for 'out of line' TV chat-up

The Melbourne Renegades fined star opener Chris Gayle US $7,000 on Tuesday after an attempt to flirt with a female presenter on live TV which cricket authorities condemned as "completely out of line". Ten Network reporter Mel McLaughlin found herself bein

Published 06 Jan, 2016 12:00am

Wapda Sports: achievements highlighted

The Water and Power Development Authority (Wapda) arranged a ceremony at Karachi to celebrate 55 years of Wapda Sports Board. International Cricket Council (ICC) President, Pakistan cricket team former captain and legendary cricketer Zaheer Abbas was the

Published 06 Jan, 2016 12:00am

PSB distributes squash rackets

Pakistan Sports Board Tuesday distributed squash rackets among players of the PSB Mohib Ullah Khan Squash Academy here. The Academy is working since 2006 with 12 players of various categories have their training and coaching under the supervision of three

Published 06 Jan, 2016 12:00am

Amla, Bavuma bat South Africa to safety

Hashim Amla hit a double century and Temba Bavuma made a maiden hundred as South Africa batted their way to safety on the fourth day of the second Test against England at Newlands on Tuesday. South Africa made 627 for seven before declaring two runs short

Published 06 Jan, 2016 12:00am

Creating Test competition priority for ICC in 2016

The International Cricket Council will be seeking to move closer to the establishment of a formal competition for Test cricket as one of its priorities for the year, chief executive officer David Richardson said on Tuesday. Discussions with full members a

Published 06 Jan, 2016 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Cotton US¢/pound / Nov 23	70.77
Petrol/Litre / Nov 24	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 24 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 24 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 24 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 24 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 24 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 24 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 24 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 24 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 24 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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