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Jan 31, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2016-01-29
Treasury yields fall

Treasury yields fall

US Treasury yields fell on Wednesday after the Federal Reserve struck a dovish tone in acknowledging recent market volatility, but maintained an otherwise upbeat view of the US economy. "The committee is closely monitoring global economic and financial de
Published 29 Jan, 2016 12:00am
CCP holds seminar on competition law at BCCI

CCP holds seminar on competition law at BCCI

The Competition Commission of Pakistan (CCP) held a seminar at the Bahawalpur Chamber of Commerce & Industry (BCCI) as part of the National Road Show on Competition Law. The seminar was attended by Zafar Sharif, President BCCI, CCP Members Shahzad Ansar,
Published 29 Jan, 2016 12:00am
Tax returns: KTBA seeks extension in deadline

Tax returns: KTBA seeks extension in deadline

Karachi Tax Bar Association (KTBA) has requested the Federal Board of Revenue (FBR) to extend the date of filing of returns till February 29, 2016. In a letter sent to Chairman FBR, the KTBA stated that the Voluntary Tax Compliance Scheme (VTCS) was passe
Published 29 Jan, 2016 12:00am
Seminar held at SU

Seminar held at SU

"People recognise ideas with colours. Every colour has its own wavelength and frequency and the effect of art also travels in the same manner." This was stated by Dr Muhammad Siddique Kalhoro, Acting Vice Chancellor, University of Sindh in his presidentia
Published 29 Jan, 2016 12:00am
Dragonair to be rebranded as Cathay Dragon

Dragonair to be rebranded as Cathay Dragon

The Cathay Pacific Group has announced a new era of growth and opportunity for its two airlines. Cathay Pacific's wholly-owned sister airline Dragonair is to be rebranded as Cathay Dragon. The two will remain as separate airlines, operating under their ow
Published 29 Jan, 2016 12:00am
KE accused of flouting Nepra's manual on testing meters

KE accused of flouting Nepra's manual on testing meters

Contrary to Nepra's (National Electric Power Regulatory Authority) consumer service manual, K-Electric has been carrying out tests of its consumers' electricity meters in the absence of electric inspector and the concerned consumer. As per CMS, meter test
Published 29 Jan, 2016 12:00am
Previous years: FBR asked not to issue notices

Previous years: FBR asked not to issue notices

Karachi Tax Bar Association (KTBA) has urged the Federal Board of Revenue (FBR) to issue necessary instructions to the tax department that they must not issue notices for previous years to those taxpayers who wish to avail Voluntary Tax Compliance Scheme
Published 29 Jan, 2016 12:00am
Punjab Assembly session today

Punjab Assembly session today

Governor Punjab Rafiq Ahmed Rajwana has formally called the Punjab Assembly session on Friday at 2:00pm, the notification in this regard has been officially issued. Speaker Rana Muhammad Iqbal and panel of chairman will conduct the 19th assembly session.
Published 29 Jan, 2016 12:00am
Industrialists, traders oppose Friday as weekly holiday

Industrialists, traders oppose Friday as weekly holiday

Industrialists and traders have opposed the demand of some politicians to announce Friday a weekly holiday, saying that it will create disorder in working schedules and reduce production capacity rather than bringing discipline in official working.
Published 29 Jan, 2016 12:00am
'Sale of daily-use items on fixed rates be ensured'

'Sale of daily-use items on fixed rates be ensured'

Divisional Commissioner Hyderabad Qazi Shahid Pervez has directed the all deputy commissioners of Hyderabad division to ensure sale of daily use items on prescribed price list and impose fine on traders, who are overcharging. He was presiding over a meeti
Published 29 Jan, 2016 12:00am
Khuhro responds to Nisar's criticism

Khuhro responds to Nisar's criticism

Senior PPP leader and Sindh Education Minister, Nisar Khuhro, on Thursday said that Interior Minister Chaudhry Nisar is holding others responsible for his own failure. He considers himself greater than the Prime Minister. Speaking to reporters at Sindh As
Published 29 Jan, 2016 12:00am
Sportfisherman nets swordfish off Balochistan coast

Sportfisherman nets swordfish off Balochistan coast

Locally uncommon dorsal-fin swordfish finally ended up in a fisherman's trap somewhere in Miani Hor lagoon off Balochistan coast this midweek, the WWF-Pakistan said on Thursday. Also known as a broadbill fish and classified as 'Xiphias Gladius' it inhabit
Published 29 Jan, 2016 12:00am
Security situation lax university attitude gives birth to grim prospects

Security situation lax university attitude gives birth to grim prospects

Despite the deadly attack on Bacha Khan University in Khyber Pakhtunkhwa on January 20 and threats of such attacks on educational institutions across the country, the administration of Karachi University has not yet taken any appropriate security arrangem
Published 29 Jan, 2016 12:00am
Seminar on 'The Focused Business' held

Seminar on 'The Focused Business' held

Entrepreneurs' Organisation (EO) Karachi organised an entrepreneurial seminar, "The Focused Business" at one of the most iconic historical landmarks in Karachi, the Sadeqain Gallery of the Frere Hall. The speaker of the event was Dave Crenshaw, a highly s
Published 29 Jan, 2016 12:00am
'CPEC is China's flagship OBOR project'
Exchange

'CPEC is China's flagship OBOR project'

An interview with Ambassador Sha Zukang President of China-Pakistan Friendship Association China's 'miracle maker', Ambassador Sha Zukang wears many hats. Earlier this month he brought a big delegation of Chinese private sector business
Published 29 Jan, 2016 12:00am
'CPEC is China's flagship OBOR project'
Exchange

'CPEC is China's flagship OBOR project'

An interview with Ambassador Sha Zukang President of China-Pakistan Friendship Association China's 'miracle maker', Ambassador Sha Zukang wears many hats. Earlier this month he brought a big delegation of Chinese private sector business
Published 29 Jan, 2016 12:00am
Missing baggages: PIAC paid Rs 20.16 million in 2013

Missing baggages: PIAC paid Rs 20.16 million in 2013

The Pakistan International Airlines Corporation (PIAC) paid Rs 20.16 million on account of missing passengers' baggages in 2013. According to an audit report regarding accounts of the PIAC for the year 2013 that was presented before Parliament revealed th
Published 29 Jan, 2016 12:00am
Islamic banking yet to attain prime objectives: Ishrat

Islamic banking yet to attain prime objectives: Ishrat

Former governor of the State Bank of Pakistan and Dean Institute of Business Administration Karachi, Dr Ishrat Hussain while addressing to the participants of two-day conference on "Towards Financial Inclusion: Developments in Islamic Economics, Banking a
Published 29 Jan, 2016 12:00am
Party symbol: Musharraf issued notice

Party symbol: Musharraf issued notice

The Islamabad High Court (IHC) Thursday issued notices to former army Chief and President Pervez Musharraf and others in response to a plea of Pakistan Freedom Party's head Sardar Naseem seeking damages of Rs 750 million for damaging his reputation.
Published 29 Jan, 2016 12:00am
SECP forms three SDRCs
Exchange

SECP forms three SDRCs

The Securities and Exchange Commission of Pakistan (SECP) has constituted three small dispute resolution committees (SDRCs) in Islamabad, Lahore and Karachi to resolve disputes between insurers and policyholders. Each committee consists of three members,
Published 29 Jan, 2016 12:00am
US MIDDAY: gold retreats from 12-week high

US MIDDAY: gold retreats from 12-week high

Gold fell by 1 percent on Thursday, pressured by earlier strength in equity markets on the back of a rally in oil prices, with bullion investors quick to cash in gains from the Wednesday's rally to 12-week highs. World stock markets were mixed after Wall
Published 29 Jan, 2016 12:00am
US MIDDAY: soyabeans hit one-month low
Exchange

US MIDDAY: soyabeans hit one-month low

US soyabean futures fell on Thursday, with the most-active March contract down 1.6 percent, the largest drop for soyabeans in more than a month, after exporters cancelled US soyabean sales to China. At the Chicago Board of Trade as of 12:30 p.m. CST (1830
Published 29 Jan, 2016 12:00am
Oil rises for third day on hopes of deal to cut production
Exchange

Oil rises for third day on hopes of deal to cut production

Oil prices rose for the third straight day on Thursday on hopes of the first global deal in over a decade between among oil-producing countries to help clear a glut that has depressed prices for over a year and a half. Crude had jumped as much as 8 percen
Published 29 Jan, 2016 12:00am
Cheap freight erodes Thai, Australian sugar export advantage

Cheap freight erodes Thai, Australian sugar export advantage

Cheap freight is eroding Thai and Australian sugar exporters' competitive advantage over Brazilian suppliers to Far Eastern markets, traders said on Thursday. Thai raw sugar for March/April shipment was quoted at 25 points ($0.25/lb) over ICE March future
Published 29 Jan, 2016 12:00am
Votorantim shutters nickel operation

Votorantim shutters nickel operation

Metals producer Votorantim Metais said this week it will suspend nickel mining at its Niquel?ndia operation in Brazil on February 1 and stop refining nickel carbonates at its Sao Miguel refinery in Sao Paulo on May 1. In a statement, the company said the
Published 29 Jan, 2016 12:00am
Gold falls in Europe

Gold falls in Europe

Gold fell by 1 percent on Thursday as Wall Street rose on the back of a rally in oil prices, with bullion investors quick to cash in gains from the Wednesday's rally to 12-week highs. US stocks opened higher as oil rebounded on talk of a concerted respons
Published 29 Jan, 2016 12:00am
Gold slips in Asia

Gold slips in Asia

Gold edged down from 12-week highs on Thursday after the US Federal Reserve acknowledged a challenging global economy but signalled it was unlikely to be deterred from raising interest rates this year. Spot gold was down 0.7 percent at $1,117.64 an ounce
Published 29 Jan, 2016 12:00am
Gold rises in New York

Gold rises in New York

Gold turned positive and rose to a 12-week high on Wednesday, after the US Federal Reserve said it was "closely monitoring" global economic and financial developments, and held interest rates steady as expected. The central bank removed a previous referen
Published 29 Jan, 2016 12:00am
Sugar slides
Exchange

Sugar slides

Raw sugar futures on ICE slid 3 percent in heavy volume to the lowest in nearly four months on Thursday, pressured by chart-based selling and weak cash prices, pushing the spot spread to a discount for the first time since September. While tumbling sugar
Published 29 Jan, 2016 12:00am
Palm oil slips
Vegetable Oil

Palm oil slips

Malaysian palm oil futures fell on Thursday after rising to a 20-month high earlier in the day, giving up gains on the back of a stronger ringgit. Palm hit a two-week low of 2,408 ringgit last week before rising for three sessions to a 20-month top of 2,5
Published 29 Jan, 2016 12:00am
Wheat snaps rally, soya up

Wheat snaps rally, soya up

US wheat futures fell on Wednesday on fund-driven technical selling and a proposal by Russia's farm ministry to cut a wheat export tax, which tempered speculation about export restrictions. Corn coasted for the second straight day, while soyabean futures
Published 29 Jan, 2016 12:00am
Rubber slides
Exchange

Rubber slides

Benchmark Tokyo rubber futures slid in thin trade on Thursday as investors sold back long positions as a sharp selloff in Chinese stock market renewed concerns about slowing demand in top buyer China. The Tokyo Commodity Exchange rubber contract for July
Published 29 Jan, 2016 12:00am
Copper slides as China's New Year break comes into view
Exchange

Copper slides as China's New Year break comes into view

Copper slid on Thursday as the market started to factor in slower activity in China ahead of the New Year holiday, but expectations of stronger imports by the top consumer in January and a weaker dollar helped to limit losses. Benchmark copper on the Lond
Published 29 Jan, 2016 12:00am
Shanghai copper climbs
Exchange

Shanghai copper climbs

Shanghai Futures Exchange copper climbed 0.2 percent to 35,600 yuan ($5,414) a tonne on Thursday Metals volumes are expected to dwindle into Lunar New Year which will see the ShFE halt overnight trading from February 5, before resuming trade on February 1
Published 29 Jan, 2016 12:00am
Cotton futures fall for third straight day to near four-month low
Cotton

Cotton futures fall for third straight day to near four-month low

Cotton futures fell for the third straight session on Wednesday to touch their lowest level in nearly four months, bucking an overall positive trend across commodities as investors remained concerned about a potential auction of China's massive stockpile.
Published 29 Jan, 2016 12:00am
Japan's economy minister quits over graft claims in blow to PM

Japan's economy minister quits over graft claims in blow to PM

Japan's economy minister resigned Thursday over a corruption scandal, dealing a blow to Prime Minister Shinzo Abe as he looks to build support for a massive trade deal and changes to the country's constitution. Akira Amari's surprise resignation comes a w
Published 29 Jan, 2016 12:00am
Seven Hamas militants killed in Gaza tunnel collapse

Seven Hamas militants killed in Gaza tunnel collapse

Seven Hamas militants were confirmed killed Thursday after a tunnel built for fighting Israel collapsed in the Gaza Strip, highlighting concerns that yet another conflict could eventually erupt in the Palestinian enclave. The Ezzedine Al-Qassam Brigades,
Published 29 Jan, 2016 12:00am
8 killed in suicide bombing near Yemen presidential palace

8 killed in suicide bombing near Yemen presidential palace

A suicide car bombing claimed by the Islamic State jihadist group killed at least eight people Thursday outside Yemen's presidential palace in the city of Aden, security and medical officials said. IS said that one of its militants, apparently a Dutch nat
Published 29 Jan, 2016 12:00am
Zika virus 'spreading explosively': WHO

Zika virus 'spreading explosively': WHO

The Zika virus is "spreading explosively" in the Americas and the region may see up to four million cases of the disease strongly suspected of causing birth defects, the World Health Organisation said Monday. As the number of suspected cases of microcepha
Published 29 Jan, 2016 12:00am
Sweden expects to expel up to 80,000 asylum seekers

Sweden expects to expel up to 80,000 asylum seekers

Sweden said it expects to expel up to 80,000 migrants whose asylum requests will likely be rejected, as another 24 people including children drowned off Greece Thursday in the latest tragedy in the Mediterranean. As the continent grapples with efforts to
Published 29 Jan, 2016 12:00am
EU offering UK 'emergency brake' on migrant benefits

EU offering UK 'emergency brake' on migrant benefits

The European Union is offering Britain a new "emergency brake" rule that could help curb immigration from other EU states in a reform package before a British referendum on EU membership, sources close to the negotiations told Reuters on Thursday. The pro
Published 29 Jan, 2016 12:00am
French, British schools on alert after 'threats'

French, British schools on alert after 'threats'

More than 20 schools in France, Italy and Britain were placed on alert Thursday after receiving threatening phone calls, following a wave of hoax bomb scares earlier this week. French education authorities said there were "no bomb alerts but threats" at f
Published 29 Jan, 2016 12:00am
Images suggest North Korea may be preparing missile launch

Images suggest North Korea may be preparing missile launch

North Korea may be preparing a long-range ballistic missile launch, Japanese media said Thursday, following a nuclear test this month that raised international alarm and sparked a diplomatic clash between Washington and Beijing. Imagery collected over the
Published 29 Jan, 2016 12:00am
Women suicide bombers kill four in north Cameroon

Women suicide bombers kill four in north Cameroon

A pair of women suicide bombers killed four people and left a trail of injury in north Cameroon Thursday, the second such attacks this week in a region targeted by Nigeria's Boko Haram Islamists. Only two attacks in the town of Kerawa were successful and
Published 29 Jan, 2016 12:00am
Ex-I Coast leader clung to power 'by all means,' trial told

Ex-I Coast leader clung to power 'by all means,' trial told

Former Ivorian president Laurent Gbagbo on Thursday denied charges of clinging to power "by all means" as his long-awaited trial opened five years after post-poll violence wracked his west African nation. Gbagbo became the first ex-head of state to stand
Published 29 Jan, 2016 12:00am
Afridi believes Pakistan team has potential to rise

Afridi believes Pakistan team has potential to rise

National T20 skipper Shahid Khan Afridi believes that though Pakistan suffered defeat in the recently held series against New Zealand, they are a formidable outfit and capable of shocking any best side in the world. "True our performance has not been up t
Published 29 Jan, 2016 12:00am
Retiring from int'l cricket for MCL not a wise decision: PCB official

Retiring from int'l cricket for MCL not a wise decision: PCB official

A Pakistan Cricket Board (PCB) official on Thursday said to retire from international cricket at an age when you can get a chance to represent your nation once again is totally an unwise decision on part of the players. Talking to APP, a PCB official whil
Published 29 Jan, 2016 12:00am
National Squash Cup begins

National Squash Cup begins

The district co-ordination officer opened the District Co-ordination Officer Lahore National Squash Cup 2016 at the Squash Complex on Thursday, with top squash players presenting top tennis skills for their audience. The event also drew in Officer Muhamma
Published 29 Jan, 2016 12:00am
FCW clinch Shaheed Benazir Hockey trophy

FCW clinch Shaheed Benazir Hockey trophy

Frontier College for Women (FCW) clinched the trophy of Shaheed Benazir Bhutto Women University (SBBWU) after defeating Government Girls College Pabbi in a marathon encounter on a sudden death penalty shootout played here at University Campus premises on
Published 29 Jan, 2016 12:00am
Refugee team to compete at Rio Games: IOC

Refugee team to compete at Rio Games: IOC

A cross-nation team of refugees will participate in this year's Rio Olympics to send a "message of hope", International Olympic Committee chief Thomas Bach said Thursday. "The IOC has decided to invite the highest-qualified refugee athletes to the Olympic
Published 29 Jan, 2016 12:00am
Pakistan-New Zealand 2nd ODI abandoned

Pakistan-New Zealand 2nd ODI abandoned

Rain washed out the second one-day international between New Zealand and Pakistan in Napier on Thursday. Umpires Bruce Oxenford and Billy Bowden waited more than four hours for the weather to clear. But when the rain finally stopped there was no sun to dr
Published 29 Jan, 2016 12:00am
French government creates on-line betting watchdog
Exchange

French government creates on-line betting watchdog

The French government has launched a new watchdog to monitor online betting in a bid to combat match-fixing, Sports Minister Thierry Braillard announced on Thursday. The body will allow for an exchange of information between the different authorities regu
Published 29 Jan, 2016 12:00am
Alam Al-Kahyal Tennis ends Nofil, Noor emerge as junior champions

Alam Al-Kahyal Tennis ends Nofil, Noor emerge as junior champions

Syed Nofil Kaleem and Noor Malik have emerged as new junior champions in the second Alam Al-Kahyal Tennis Ranking Championship 2016 at the Bagh-i-Jinnah Tennis Courts in Lahore. The thrilling finals took place in a chilly weather followed by an all-childr
Published 29 Jan, 2016 12:00am
Serena reaches 26th Slam final
Kerb

Serena reaches 26th Slam final

World number one Serena Williams demolished Polish fourth seed Agnieszka Radwanska Thursday to surge into her 26th Grand Slam final and zero in on a seventh Australian Open title. The dominant top seed was untouchable in overpowering the Pole 6-0, 6-4 in
Published 29 Jan, 2016 12:00am
'Flawless' Djokovic floors Federer to reach final

'Flawless' Djokovic floors Federer to reach final

Novak Djokovic said his sublime first two sets against Roger Federer were the best he's ever played against the Swiss as he reached his sixth Australian Open final in convincing fashion on Thursday. The world number one, now into his fifth straight Grand
Published 29 Jan, 2016 12:00am
Barca sink Bilbao as Atletico crash out of Cup

Barca sink Bilbao as Atletico crash out of Cup

Holders Barcelona produced a second-half blitz to come from behind and beat Athletic Bilbao 3-1 to book a place in the King's Cup semi-finals after Atletico Madrid crashed out in a shock 3-2 defeat by Celta Vigo. Inaki Williams put Bilbao ahead after 12 m
Published 29 Jan, 2016 12:00am
Sri Lanka rests top guns ahead of World T20

Sri Lanka rests top guns ahead of World T20

Sri Lanka announced Thursday skipper Lasith Malinga and four other senior players have been dropped from the Twenty20 squad to play India next month in a warm-up series for the World Twenty20. T20 captain Malinga, Test and one-day international skipper An
Published 29 Jan, 2016 12:00am
Aguero heads Manchester City into League Cup final

Aguero heads Manchester City into League Cup final

Manchester City reached the League Cup final after recovering from a shaky start as Sergio Aguero's brilliant header sealed a 3-1 win over Everton in the semi-final second leg on Wednesday to clinch a 4-3 aggregate victory. Ross Barkley's bullish run and
Published 29 Jan, 2016 12:00am
Kiwi drops, Aussie resilient

Kiwi drops, Aussie resilient

The New Zealand dollar dropped one US cent on Thursday after the country's central bank signalled more interest rate cuts due to stubbornly low inflation at home and worries about global economic growth. The New Zealand dollar skidded to $0.6437 from $0.6
Published 29 Jan, 2016 12:00am
Sterling surges
Currency

Sterling surges

Sterling surged by more than 1 percent to a two-week high against the dollar on Thursday, after data showed Britain's economy growing in line with expectations, and as investors' appetite for risk made a modest recovery. A Reuters report that the European
Published 29 Jan, 2016 12:00am
Yuan stays flat

Yuan stays flat

China's yuan stayed flat against the dollar on Thursday after the central bank set the midpoint rate slightly firmer for the fifth consecutive day and dollar demand was tepid. Traders said there was no strong demand for dollars even as the dollar firmed.
Published 29 Jan, 2016 12:00am
Fed stance dampens Asia FX; ringgit rises
Exchange

Fed stance dampens Asia FX; ringgit rises

Most emerging Asian currencies slid on Thursday after the US Federal Reserve suggested there were risks from a slowing global economy but left the door open to an interest rate hike in March. Malaysia's ringgit, however, hit its strongest in nearly eight
Published 29 Jan, 2016 12:00am
Sri Lankan rupee steady

Sri Lankan rupee steady

The Sri Lankan rupee ended steady on Thursday amid importer dollar demand and some foreign outflow from t-bonds, but banks were reluctant to trade below the 144.00 level desired by the central bank, dealers said. "There was demand for dollars. We have als
Published 29 Jan, 2016 12:00am
Bangladesh's interbank forex, interest rates

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Thursday. 78.50-78.52 (previous 78.50-78.50). 02.55-04.50 percent (* Previous 02.00-04.50 percent). (* revised).
Published 29 Jan, 2016 12:00am
Dollar falls against basket of major currencies in New York
Currency

Dollar falls against basket of major currencies in New York

The dollar fell against a basket of major currencies on Wednesday following the Federal Reserve's decision to keep its overnight interest rate unchanged and the release of a statement suggesting it was re-evaluating the pace of future hikes. The statement
Published 29 Jan, 2016 12:00am
Early trade in New York: Dollar down against euro
Currency

Early trade in New York: Dollar down against euro

The dollar hit a one-week low against the euro on Thursday as a plunge in US durable goods orders supported the view of a US economic slowdown on softer global demand. The much weaker-than-expected reading in durable goods orders, which plunged 5.1 percen
Published 29 Jan, 2016 12:00am
Commodity-linked major currencies rise in Europe
Currency

Commodity-linked major currencies rise in Europe

Commodity-linked major currencies including the Australian and New Zealand dollars gained on Thursday as oil rose back above $33 a barrel to its highest levels in almost three weeks. A mixed performance for other majors after Wednesday's Federal Reserve s
Published 29 Jan, 2016 12:00am
Dollar mixed in Asia

Dollar mixed in Asia

The US dollar turned mixed on Thursday after the Federal Reserve offered little in the way of surprises, in contrast to New Zealand's central bank which flung open the doors to a cut in rates and clipped the kiwi in the process. The dollar index stood at
Published 29 Jan, 2016 12:00am
FTSE falls back with Ashtead, travel stocks under pressure

FTSE falls back with Ashtead, travel stocks under pressure

Britain's top stock index retreated after hitting a three-week high earlier in Thursday's session, weighed down by Ashtead and travel stocks hit by rising oil prices. Equipment rentals company Ashtead was the top faller on the bluechip FTSE 100 index, dow
Published 29 Jan, 2016 12:00am
Tokyo stocks drop

Tokyo stocks drop

Tokyo stocks finished lower in see-saw trading Thursday as smartphone suppliers were hammered by gloomy news from Samsung and Apple, while the Bank of Japan kicked off its first policy meeting of 2016. Shares in Japanese handset suppliers plunged as Samsu
Published 29 Jan, 2016 12:00am
Southeast Asian stocks mostly up

Southeast Asian stocks mostly up

Most Southeast Asian stock markets ended slightly higher on Thursday as gains in oil prices helped boost investor sentiment, but the US Federal Reserve's nod to jittery markets kept a lid on further gains. The Philippine stock index rose 0.9 percent to a
Published 29 Jan, 2016 12:00am
European shares fall, hit by weak earnings and banks
Exchange

European shares fall, hit by weak earnings and banks

European shares fell on Thursday as disappointing earnings from Roche weighed on the healthcare sector and euro zone banks also came under pressure. The pan-European FTSEurofirst 300 index was 1.7 percent lower at 1,318.22 points, while the euro zone's bl
Published 29 Jan, 2016 12:00am
Indian shares down

Indian shares down

Indian shares ended slightly lower on Thursday after short-covering tied to the expiry of derivatives lifted some shares, while broader gains were capped after the US Federal Reserve kept open the prospect of more rate hikes this year. The broader NSE ind
Published 29 Jan, 2016 12:00am
Australian shares rise

Australian shares rise

Australian shares bucked a poor performance by Wall Street to edge 0.6 percent higher on Thursday, aided by a hunt for dividend yield and more merger action. The S&P/ASX 200 index rose to 4976.20 at the close of trade. The benchmark gained 0.6 percent on
Published 29 Jan, 2016 12:00am
Treasury yields fall

Treasury yields fall

US Treasury yields fell on Wednesday after the Federal Reserve struck a dovish tone in acknowledging recent market volatility, but maintained an otherwise upbeat view of the US economy. "The committee is closely monitoring global economic and financial de
Published 29 Jan, 2016 12:00am
Karachi Port's activities

Karachi Port's activities

The Karachi Port handled 113,701 tonnes of cargo comprising 88,320 tonnes of import cargo and 25,381 tonnes of export cargo including 5,314 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday. The total import cargo of 88
Published 29 Jan, 2016 12:00am
Indian rapeseed futures hit near nine-month low
Exchange

Indian rapeseed futures hit near nine-month low

Indian rapeseed futures fell to their lowest level in nearly nine months on Wednesday on expectations of a bumper crop, while soyabeans ended lower for a second straight session on weak demand. The key April rapeseed contract on the National Commodity & D
Published 29 Jan, 2016 12:00am
Daily trading report of PMEX
Exchange

Daily trading report of PMEX

On Wednesday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 6,697 million. The number of lots traded was 35.41 million. PMEX Commodity Index closed at 2,563. Major business was contributed by gold amounting to PKR 5,285 million followed by
Published 29 Jan, 2016 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 29 Jan, 2016 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 29 Jan, 2016 12:00am
State Bank of Pakistan conversion rates
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 29 Jan, 2016 12:00am
Barclays bid rates and maximum rates for payment of interest
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 29 Jan, 2016 12:00am
Currency notes: exchange rates
Exchange

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Thursday (January 28, 2016).

Published 29 Jan, 2016 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (January 28, 2016).
Published 29 Jan, 2016 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (January 28, 2016).

Published 29 Jan, 2016 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (January 28, 2016).

Published 29 Jan, 2016 12:00am
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