News Archives for Print - 2016-03-02 - Business Recorder

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اردو

Mar 27, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Print - 2016-03-02

Deutsche Bank buys back less-than-expected $740 million of own dollar bonds

Deutsche Bank buys back less-than-expected $740 million of own dollar bonds

Deutsche Bank, Germany's biggest lender, said Monday it has bought back $740 million (680 million euros) of its own dollar-denominated bonds as part of a bid to assuage concerns about the solidity of its finances, but the amount was smaller than expected.

Published 02 Mar, 2016 12:00am

Deutsche Bank buys back less-than-expected $740 million of own dollar bonds

Deutsche Bank buys back less-than-expected $740 million of own dollar bonds

Deutsche Bank, Germany's biggest lender, said Monday it has bought back $740 million (680 million euros) of its own dollar-denominated bonds as part of a bid to assuage concerns about the solidity of its finances, but the amount was smaller than expected.

Published 02 Mar, 2016 12:00am

Portugal economy ekes out growth in fourth quarter but investment falls

Portugal economy ekes out growth in fourth quarter but investment falls

Portugal's economy grew 0.2 percent in the last three months of 2015 as exports rose, data showed on Monday, but investment fell, in a sign of the challenges facing the new Socialist government. Some analysts say investment may fall under the Socialist go

Published 02 Mar, 2016 12:00am

Canada economy slows in fourth quarter but still tops expectations

Canada economy slows in fourth quarter but still tops expectations

The Canadian economy slowed substantially in the final quarter of last year as exports fell and businesses held back on investments, suggesting the country was still hurting from low oil prices. Even so, the 0.8 percent annualised increase in gross domest

Published 02 Mar, 2016 12:00am

China coal consumption drops again

China coal consumption drops again

China's coal consumption fell for the second year in a row, government data showed Monday, as the world's biggest polluter attempts to tackle chronic pollution that accompanied economic growth. Coal use fell 3.7 percent last year compared to 2014 levels,

Published 02 Mar, 2016 12:00am

Finnish unions, employers reach preliminary labour deal, government cautious

Finnish unions, employers reach preliminary labour deal, government cautious

Finnish trade unions and employers said on Monday they had reached a preliminary deal on wages and working conditions, but the government said it first needed to review the agreement. The deal is meant to replace the centre-right government's planned labo

Published 02 Mar, 2016 12:00am

Japan factory output rises for first time in three months

Japan factory output rises for first time in three months

Japan on Monday posted its first factory output expansion in three months, official data showed, offering some rare good news after a string of weak figures threw cold water on recovery hopes. The upbeat figures - a 3.7 percent rise on-month in January -

Published 02 Mar, 2016 12:00am

US MIDDAY: gold turns lower

Exchange

US MIDDAY: gold turns lower

Gold turned lower on Tuesday, as the dollar and global equity markets rose on better-than-expected US data, fuelling speculation the Fed will raise US interest rates. Palladium surged more than 6 percent on strong US auto sales. Spot gold was down 0.2 per

Published 02 Mar, 2016 12:00am

US MIDDAY: wheat falls to multi-year lows

US MIDDAY: wheat falls to multi-year lows

US wheat futures fell to multi-year lows on Tuesday, pressured by strength in the dollar and better crop conditions than last year in the Plains, analysts said. Soyabean and corn futures were also mostly down, with the most-active May contracts in both ma

Published 02 Mar, 2016 12:00am

Ivorian cocoa exporters refuse up to 60 percent of beans

Ivorian cocoa exporters refuse up to 60 percent of beans

Exporters in Ivory Coast have turned away about 60 percent of cocoa beans since January over size and quality issues, and expect a further deterioration during the upcoming mid-crop. West Africa has suffered a long and severe Harmattan this year, a dusty

Published 02 Mar, 2016 12:00am

Gold rises in Europe

Exchange

Gold rises in Europe

Gold edged up on Tuesday, building on its biggest monthly gain in four years, as concerns over the global economy after downbeat data from China, the European Union and the United States fuelled interest in the metal as a haven from risk. Spot gold was up

Published 02 Mar, 2016 12:00am

Gold stays up in Asia

Exchange

Gold stays up in Asia

Gold jumped for a fifth session in six on Tuesday, bolstered by safe-haven demand after weak Chinese data stoked concerns over the global economy, with the volume of assets in the top bullion fund climbing to the highest since 2014. Spot gold had gained 0

Published 02 Mar, 2016 12:00am

Gold gains in New York

Gold gains in New York

Gold rose 1 percent on Monday, boosted by lower equities and weak US data, leaving the metal well placed to log its best monthly performance in four years as turmoil in wider markets increased its safe-haven appeal. Spot gold rose 1.3 percent to $1,238.41

Published 02 Mar, 2016 12:00am

Sugar off high, coffee nears two-year low

Exchange

Sugar off high, coffee nears two-year low

Raw sugar futures on ICE pared gains after rising to a six-week high on Tuesday, pressured by the surging US dollar while the market took stock of a 600,000-tonne delivery against expiry of the March contract. Arabica coffee flirted with a two-year low, w

Published 02 Mar, 2016 12:00am

Palm oil snaps three days of gains

Vegetable Oil

Palm oil snaps three days of gains

Malaysian palm oil futures fell on Tuesday, snapping a three-day rising streak, hurt by a stronger ringgit and sluggish export demand. The palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange was down 0.5 percent at 2,536 ringgit

Published 02 Mar, 2016 12:00am

Corn sags for fifth straight session

Corn sags for fifth straight session

Chicago Board of Trade corn futures fell on Monday for a fifth straight session, retreating from early advances as concerns about weak demand pressured the market, traders said. Soybean futures sagged on larger-than-expected deliveries against futures whi

Published 02 Mar, 2016 12:00am

Rotterdam vegetable oil prices

Vegetable Oil

Rotterdam vegetable oil prices

Tuesday's Rotterdam vegetable oil prices at 1700 GMT.

Published 02 Mar, 2016 12:00am

Rotterdam vegetable oil prices

Vegetable Oil

Rotterdam vegetable oil prices

Tuesday's Rotterdam vegetable oil prices at 1700 GMT.

Published 02 Mar, 2016 12:00am

Rubber gains

Exchange

Rubber gains

Benchmark Tokyo rubber futures rebounded on Tuesday, shrugging off weak factory activity data in top buyer China and higher rubber inventories in Japan, as stronger oil prices and Shanghai equities helped boost investor risk appetite. The Tokyo Commodity

Published 02 Mar, 2016 12:00am

Oil up two percent on Wall Street after early slide on US stockpile worry

Oil up two percent on Wall Street after early slide on US stockpile worry

Oil markets rose as much 2 percent on Tuesday, maintaining their charge higher, after a Wall Street rally helped turn around crude prices depressed initially by expectations that US inventories had hit another record high. Russian Energy Minister Alexande

Published 02 Mar, 2016 12:00am

Copper up on hopes for further monetary moves by China

Exchange

Copper up on hopes for further monetary moves by China

Copper prices rose on Tuesday as expectations of further moves by China to try and boost its economic growth boosted sentiment despite more economic data pointing to a continued slowdown in the world's second-biggest economy. Benchmark copper on the Londo

Published 02 Mar, 2016 12:00am

Shanghai copper down

Exchange

Shanghai copper down

Shanghai Futures Exchange copper also cut loses to close down 0.4 percent at 35,960 yuan ($5,499) a tonne on Tuesday as expectations grew that China would have to boost stimulus to shore up its economy after data showed a slowdown in factory activity last

Published 02 Mar, 2016 12:00am

Cotton drops to over 6-1/2-year lows on chart signals, China worries

Cotton

Cotton drops to over 6-1/2-year lows on chart signals, China worries

Cotton futures fell for a fourth straight session on Monday to the lowest since June 2009, as worries over demand in the world's top consumer China sparked selling early in the session and stop-loss orders exaggerated the day's declines. "Fundamentals are

Published 02 Mar, 2016 12:00am

Thin activity on grain market

Cotton

Thin activity on grain market

A few changes were seen on the wholesale grain market on Tuesday in the process of trading, dealers said. On the cereals side, Moong Afghan was lower by Rs 500 to Rs 10750, Barley Sindh and Mardan lost Rs 50 to Rs 3700, other commodities did not show any

Published 02 Mar, 2016 12:00am

Ukraine's rapeseed exports to Europe to fall a third

Ukraine's rapeseed exports to Europe to fall a third

Ukraine's rapeseed exports to the European Union are likely to fall by around a third in the 2016/17 season due to a smaller harvest and a redirecting of exports to other markets, analyst UkrAgroConsult said on Tuesday. Ukraine's rapeseed harvest is likel

Published 02 Mar, 2016 12:00am

Cotton market: prices drop further on low activity

Cotton

Cotton market: prices drop further on low activity

Prices continued to decline for the second day on the cotton market on Tuesday amid restricted buying by spinners and mills, dealers said. The official spot rate shed further Rs 50 to Rs 5,200, dealers said. In Sindh, seed cotton prices were at Rs 1500-27

Published 02 Mar, 2016 12:00am

Oil cake market rates

Cotton

Oil cake market rates

The March vaida managed to recover it's losses on the forward cottonseeds oilcake market on Tuesday in the process of trading, dealers said. The March vaida closed on Monday at Rs 2050.80 and it commenced with a gain of 80 paisas at Rs 2051.60 in the earl

Published 02 Mar, 2016 12:00am

Activity a Karachi & Qasim ports

Activity a Karachi & Qasim ports

The Karachi Port handled 169,967 tonnes of cargo comprising 102,632 tonnes of import cargo and 67,335 tonnes of export cargo including 6,478 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday. The total import cargo of 10

Published 02 Mar, 2016 12:00am

European wheat prices edge higher

European wheat prices edge higher

European wheat prices edged higher on Monday, mainly supported by a fall in the euro against the dollar and fresh demand although hefty supplies were capping gains, traders said. May milling wheat, the benchmark on the Paris-based Euronext, was 0.5 percen

Published 02 Mar, 2016 12:00am

US FOB Gulf corn premiums steady on moderate demand

US FOB Gulf corn premiums steady on moderate demand

US corn export premiums at Gulf Coast terminals were generally steady on Monday amid moderate demand and plentiful supplies of the feed grain, traders said. US corn prices are competitive for near-term shipments and some routine buyers have booked purchas

Published 02 Mar, 2016 12:00am

European vegoils: palm oil up on expectations for lower stocks

Vegetable Oil

European vegoils: palm oil up on expectations for lower stocks

Palm oil on the European vegetable oils market firmed on Monday on expectations that Malaysian palm oil stocks fell in February, which underpinned palm oil futures. "The Malaysian market is still optimistic about a cut in ending stocks despite a drop of a

Published 02 Mar, 2016 12:00am

Daily trading report of PMEX

Exchange

Daily trading report of PMEX

On Monday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 4,433 million. The number of lots traded was 19.13 million. PMEX Commodity Index closed at 2,614. Major business was contributed by gold amounting to PKR 3,817 million followed by cru

Published 02 Mar, 2016 12:00am

CBOT wheat futures modestly higher

CBOT wheat futures modestly higher

Wheat futures on the Chicago Board of Trade settled modestly higher on Monday on short-covering following last week's multi-year lows, but the spot contract posted a monthly decline of 7 percent, the most since November. Hefty world wheat stocks continue

Published 02 Mar, 2016 12:00am

Message from Minister for Finance, Revenue, Economic Affairs, Statistics and Privatization

Message from Minister for Finance, Revenue, Economic Affairs, Statistics and Privatization

The establishment of the second Large Taxpayer Unit in Karachi is a step in the right direction. It is set to improve revenue collection and taxpayer's facilitation in this all-important city.

Published 02 Mar, 2016 12:00am

Message from Special Assistant to Prime Minister on Revenue/Minister of State

Message from Special Assistant to Prime Minister on Revenue/Minister of State

It is a matter of immense pleasure and satisfaction that Karachi will get its second Large Taxpayers Unit. Karachi being the biggest economic hub of the country has a number of big taxpayers and only a single LTU was not able to cater to their needs. Thos

Published 02 Mar, 2016 12:00am

Message from Chairman, FBR

Message from Chairman, FBR

Today is a special day for all of us, as we inaugurate the second Large Taxpayer Unit in Karachi. This is yet another great milestone in the successful journey of FBR. I would take this opportunity to thank the current leadership for its vision and suppor

Published 02 Mar, 2016 12:00am

Message from Member (Inland Revenue-Operations), FBR

Message from Member (Inland Revenue-Operations), FBR

It is a matter of privilege for me to witness the establishment of the second Large Taxpayer Unit in Karachi. Karachi, as we all know is the largest contributor to the national exchequer. Its significance and contribution can hardly be underestimated; and

Published 02 Mar, 2016 12:00am

Message from Chief Commissioner LTU-II

Message from Chief Commissioner LTU-II

It is indeed a matter of honour for me to be the inaugural Chief Commissioner of Karachi's Large Taxpayers Unit-Il. This organisation has been set-up with the sole objective of providing optimal facilitation to Karachi's growing corporate clientele of Fed

Published 02 Mar, 2016 12:00am

Message from President, FPCCI

Message from President, FPCCI

It gives me enormous pleasure to express my heartiest congratulations to Senator Muhammad Ishaq Dar, Federal Minister for Finance, Revenue, Economic Affairs & Statistics; Mr Haroon Akhtar Khan, Special Assistant to the Prime Minister of Pakistan on Revenu

Published 02 Mar, 2016 12:00am

Rising to the Challenge for a rising Pakistan

Rising to the Challenge for a rising Pakistan

Federal Board of Revenue primarily operates through its main collection arms in the shape of its field formations viz, the Regional Tax Offices (RIOs) and Large Taxpayer Units (LTUs) across the country.

Published 02 Mar, 2016 12:00am

Aaj TV - Wednesday's schedule

Aaj TV - Wednesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 02 Mar, 2016 12:00am

New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 02 Mar, 2016 12:00am

New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 02 Mar, 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 02 Mar, 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 02 Mar, 2016 12:00am

Exchange rates: buying and selling

Exchange

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (March 01, 2016).

Published 02 Mar, 2016 12:00am

Conversion for foreign currency deposits

Currency

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Tuesday (March 01, 2016).

Published 02 Mar, 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 Tuesday (March 01, 2016).

Published 02 Mar, 2016 12:00am

LIBOR calculating interest on US dollar

Libor

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Tuesday (March 01, 2016).

Published 02 Mar, 2016 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Tuesday (March 01, 2016).

Published 02 Mar, 2016 12:00am

Interest rates on new foreign currency deposits

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 (March 01, 2016).

Published 02 Mar, 2016 12:00am

Bill buying rates per unit of currency

Currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Tuesday (March 01, 2016).

Published 02 Mar, 2016 12:00am

Banks' rates for currency notes (buying and selling)

Currency

Banks' rates for currency notes (buying and selling)

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Tuesday (March 01, 2016).

Published 02 Mar, 2016 12:00am

Money Market Report

Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (March 01, 2016).

Published 02 Mar, 2016 12:00am

Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (March 01, 2016).

Published 02 Mar, 2016 12:00am

Massive attendance at funeral of Mumtaz Qadri

Massive attendance at funeral of Mumtaz Qadri

Tens of thousands of supporters chanted and threw rose petals Tuesday at an ambulance bearing the body of Mumtaz Qadri executed for killing Punjab governor Salmaan Taseer, as schools closed and police guarded flashpoints. Crowds flooded into a park in the

Published 02 Mar, 2016 12:00am

Open market rates of foreign currencies

Currency

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Tuesday (March 01, 2016).

Published 02 Mar, 2016 12:00am

Massive attendance at funeral of Mumtaz Qadri

Massive attendance at funeral of Mumtaz Qadri

Tens of thousands of supporters chanted and threw rose petals Tuesday at an ambulance bearing the body of Mumtaz Qadri executed for killing Punjab governor Salmaan Taseer, as schools closed and police guarded flashpoints. Crowds flooded into a park in the

Published 02 Mar, 2016 12:00am

Currency values in terms of Special Drawing Rights

Exchange

Currency values in terms of Special Drawing Rights

The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special Drawing Rights (SDR).

Published 02 Mar, 2016 12:00am

Metro Bus project: NAB formally initiates probe

Metro Bus project: NAB formally initiates probe

The National Accountability Bureau (NAB) on Tuesday formally initiated investigation into Lahore Metro Bus project against alleged corruption. Planning and Development department, Lahore Development Authority (LDA) and Traffic Engineering & Transport Plan

Published 02 Mar, 2016 12:00am

JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (March 01, 2016).

Published 02 Mar, 2016 12:00am

Metro Bus project: NAB formally initiates probe

Metro Bus project: NAB formally initiates probe

The National Accountability Bureau (NAB) on Tuesday formally initiated investigation into Lahore Metro Bus project against alleged corruption. Planning and Development department, Lahore Development Authority (LDA) and Traffic Engineering & Transport Plan

Published 02 Mar, 2016 12:00am

JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (March 01, 2016).

Published 02 Mar, 2016 12:00am

Metro Bus project: NAB formally initiates probe

Metro Bus project: NAB formally initiates probe

The National Accountability Bureau (NAB) on Tuesday formally initiated investigation into Lahore Metro Bus project against alleged corruption. Planning and Development department, Lahore Development Authority (LDA) and Traffic Engineering & Transport Plan

Published 02 Mar, 2016 12:00am

JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (March 01, 2016).

Published 02 Mar, 2016 12:00am

India now links Pakistan to Pathankot attack

India now links Pakistan to Pathankot attack

India Tuesday linked the Pakistan government to a militant attack on an air base that killed seven soldiers in January. India had previously blamed militants from the Pakistan-based Islamist group Jaish-e-Mohammed (JeM) for the assault on Pathankot air ba

Published 02 Mar, 2016 12:00am

JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Tuesday (March 01, 2016).

Published 02 Mar, 2016 12:00am

India now links Pakistan to Pathankot attack

India now links Pakistan to Pathankot attack

India Tuesday linked the Pakistan government to a militant attack on an air base that killed seven soldiers in January. India had previously blamed militants from the Pakistan-based Islamist group Jaish-e-Mohammed (JeM) for the assault on Pathankot air ba

Published 02 Mar, 2016 12:00am

JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Tuesday (March 01, 2016).

Published 02 Mar, 2016 12:00am

Government waiting for signal from India: Sartaj

Government waiting for signal from India: Sartaj

Advisor to Prime Minister Nawaz Sharif on Foreign Affairs Sartaj Aziz has said that Islamabad is waiting for a signal from New Delhi to resume talks. He expressed these views in "A Conversation with Sartaj Aziz" hosted by US think-tank Council on Foreign

Published 02 Mar, 2016 12:00am

JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Tuesday (March 01, 2016).

Published 02 Mar, 2016 12:00am

Government waiting for signal from India: Sartaj

Government waiting for signal from India: Sartaj

Advisor to Prime Minister Nawaz Sharif on Foreign Affairs Sartaj Aziz has said that Islamabad is waiting for a signal from New Delhi to resume talks. He expressed these views in "A Conversation with Sartaj Aziz" hosted by US think-tank Council on Foreign

Published 02 Mar, 2016 12:00am

JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (March 01, 2016).

Published 02 Mar, 2016 12:00am

India's cricket board criticises state government

India's cricket board criticises state government

India's cricket board on Tuesday criticised authorities in the northern state of Himachal Pradesh after they refused to provide security for an upcoming India-Pakistan World T20 tie, citing a January attack on an Indian army base. Chief Minister Virbhadra

Published 02 Mar, 2016 12:00am

JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (March 01, 2016).

Published 02 Mar, 2016 12:00am

India's cricket board criticises state government

India's cricket board criticises state government

India's cricket board on Tuesday criticised authorities in the northern state of Himachal Pradesh after they refused to provide security for an upcoming India-Pakistan World T20 tie, citing a January attack on an Indian army base. Chief Minister Virbhadra

Published 02 Mar, 2016 12:00am

JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (March 01, 2016).

Published 02 Mar, 2016 12:00am

India''s cricket board criticises state government

India''s cricket board criticises state government

India''s cricket board on Tuesday criticised authorities in the northern state of Himachal Pradesh after they refused to provide security for an upcoming India-Pakistan World T20 tie, citing a January attack on an Indian army base. Chief Minister Virbhadr

Published 02 Mar, 2016 12:00am

JLI YAQEEN GROWTH FUND RATES

JLI YAQEEN GROWTH FUND RATES

JLI Yaqeen Growth Fund Rates on Tuesday (March 01, 2016).

Published 02 Mar, 2016 12:00am

Trump, Hillary eye big boost from Super Tuesday

Trump, Hillary eye big boost from Super Tuesday

Americans cast ballots Tuesday on the most pivotal day of the White House primary season, with frontrunners Hillary Clinton and Donald Trump hoping to wipe out all rivals for their party nominations. Millions of people are taking part in Super Tuesday - a

Published 02 Mar, 2016 12:00am

JLI YAQEEN GROWTH FUND RATES

JLI YAQEEN GROWTH FUND RATES

JLI Yaqeen Growth Fund Rates on Tuesday (March 01, 2016).

Published 02 Mar, 2016 12:00am

Trump, Hillary eye big boost from Super Tuesday

Trump, Hillary eye big boost from Super Tuesday

Americans cast ballots Tuesday on the most pivotal day of the White House primary season, with frontrunners Hillary Clinton and Donald Trump hoping to wipe out all rivals for their party nominations. Millions of people are taking part in Super Tuesday - a

Published 02 Mar, 2016 12:00am

JLI YAQEEN GROWTH FUND RATES

JLI YAQEEN GROWTH FUND RATES

JLI Yaqeen Growth Fund Rates on Tuesday (March 01, 2016).

Published 02 Mar, 2016 12:00am

Osama left millions for jihad in will

Osama left millions for jihad in will

Al Qaeda leader Osama bin Laden had millions of dollars stashed in Sudan and wanted most of it to be used to fund jihad, according to a hand-written will released Tuesday. The document was among a tranche of newly declassified files that had been seized b

Published 02 Mar, 2016 12:00am

JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Tuesday (March 01, 2016).

Published 02 Mar, 2016 12:00am

Osama left millions for jihad in will

Osama left millions for jihad in will

Al Qaeda leader Osama bin Laden had millions of dollars stashed in Sudan and wanted most of it to be used to fund jihad, according to a hand-written will released Tuesday. The document was among a tranche of newly declassified files that had been seized b

Published 02 Mar, 2016 12:00am

JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Tuesday (March 01, 2016).

Published 02 Mar, 2016 12:00am

Eurozone unemployment at lowest since August 2011

Eurozone unemployment at lowest since August 2011

Eurozone unemployment fell to its lowest level in four-and-a-half years in January, official data showed Tuesday, beating forecasts but still too high to help stimulate growth in Europe's nearly static economy. Joblessness in the eurozone has gradually cr

Published 02 Mar, 2016 12:00am

JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Tuesday (March 01, 2016).

Published 02 Mar, 2016 12:00am

Eurozone unemployment at lowest since August 2011

Eurozone unemployment at lowest since August 2011

Eurozone unemployment fell to its lowest level in four-and-a-half years in January, official data showed Tuesday, beating forecasts but still too high to help stimulate growth in Europe's nearly static economy. Joblessness in the eurozone has gradually cr

Published 02 Mar, 2016 12:00am

JLI CAPITAL GROWTH TAKAFUL FUND

JLI CAPITAL GROWTH TAKAFUL FUND

JLI Capital Growth Takaful Fund Rates on Tuesday (March 01, 2016).

Published 02 Mar, 2016 12:00am

Eurozone unemployment at lowest since August 2011

Eurozone unemployment at lowest since August 2011

Eurozone unemployment fell to its lowest level in four-and-a-half years in January, official data showed Tuesday, beating forecasts but still too high to help stimulate growth in Europe''s nearly static economy. Joblessness in the eurozone has gradually c

Published 02 Mar, 2016 12:00am

JLI CAPITAL GROWTH TAKAFUL FUND

JLI CAPITAL GROWTH TAKAFUL FUND

JLI Capital Growth Takaful Fund Rates on Tuesday (March 01, 2016).

Published 02 Mar, 2016 12:00am

Income tax law: FBR approached for urgent amendments

Income tax law: FBR approached for urgent amendments

Board of Investment (BoI) has approached Federal Board of Revenue (FBR) for immediate amendments in the Income Tax Ordinance 2001 to give legal cover to exemption from all taxes on income for enterprises commencing commercial production by June 30, 2020,

Published 02 Mar, 2016 12:00am

JLI CAPITAL GROWTH TAKAFUL FUND

JLI CAPITAL GROWTH TAKAFUL FUND

JLI Capital Growth Takaful Fund Rates on Tuesday (March 01, 2016).

Published 02 Mar, 2016 12:00am

Income tax law: FBR approached for urgent amendments

Income tax law: FBR approached for urgent amendments

Board of Investment (BoI) has approached Federal Board of Revenue (FBR) for immediate amendments in the Income Tax Ordinance 2001 to give legal cover to exemption from all taxes on income for enterprises commencing commercial production by June 30, 2020,

Published 02 Mar, 2016 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Tuesday (March 01, 2016).

Published 02 Mar, 2016 12:00am

Income tax law: FBR approached for urgent amendments

Income tax law: FBR approached for urgent amendments

Board of Investment (BoI) has approached Federal Board of Revenue (FBR) for immediate amendments in the Income Tax Ordinance 2001 to give legal cover to exemption from all taxes on income for enterprises commencing commercial production by June 30, 2020,

Published 02 Mar, 2016 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Tuesday (March 01, 2016).

Published 02 Mar, 2016 12:00am

Inflation spikes by four percent in February

Inflation spikes by four percent in February

The headline inflation for the month of February 2016 has increased by 4 per cent compared to the same period of last fiscal year due to increase in prices of food commodities and life saving medicines. According to Pakistan Bureau of Statistics (PBS) mon

Published 02 Mar, 2016 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 25	280.52
USD PKR Interbank Buying / Mar 25	280.27
USD to Japanese Yen / Mar 26	150.14
USD to Swiss Franc / Mar 26	0.88
Pound Sterling to USD / Mar 26	1.29
Euro to USD / Mar 26	1.08
UK LIBOR % / Mar 25	4.96

Stock	Volume
S&P 500 / Mar 25	5,776.65
Nasdaq / Mar 25	18,271.86
Dow Jones / Mar 25	42,587.50
India Sensex / Mar 26	77,971.12
Tokyo Nikkei / Mar 26	38,027.29
Hang Seng / Mar 26	23,483.32
FTSE 100 / Mar 26	8,660.31
Germany DAX 30 / Mar 26	22,923.69
France CAC40 / Mar 26	8,042.59

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 25	17,085
Gold 10 Grams PKR / Mar 25	272,462
Crude Oil USD/Barrel / Mar 26	69.26
Gold Spot USD/Ounce / Mar 26	3,018.44
Cotton US¢/pound / Mar 26	65.37
Petrol/Litre / Mar 27	255.63
Diesel/Litre / Mar 27	258.64

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel (R) / Mar 26 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	3.01 ▲ 1 (49.75%)
Sec. Inv. Bank / Mar 26 Security Investment Bank Limited(SIBL)	9.99 ▲ 1 (11.12%)
Zephyr Textile / Mar 26 Zephyr Textiles Limited(ZTL)	11.40 ▲ 1.04 (10.04%)
Leiner Pak Gelat / Mar 26 Leiner Pak Gelatine Limited(LPGL)	110.80 ▲ 10.07 (10%)
Philip Morris Pak. / Mar 26 Philip Morris (Pakistan) Limited(PMPK)	737.77 ▲ 67.07 (10%)
Data Agro / Mar 26 Data Agro Limited(DAAG)	96.62 ▲ 8.78 (10%)
Baba Farid Sugar / Mar 26 Baba Farid Sugar Mills Limited(BAFS)	58.44 ▲ 5.31 (9.99%)
Crescent Fib. / Mar 26 Crescent Fibres Limited(CFL)	45.70 ▲ 4.14 (9.96%)
Popular Islamic / Mar 26 Popular Islamic Modaraba(PIM)	14.48 ▲ 1.31 (9.95%)
The Thal Ind.Corp. / Mar 26 The Thal Industries Corporation Limited(TICL)	340 ▲ 30.55 (9.87%)

Stock	Price
Elahi Cot. / Mar 26 Elahi Cotton Mills Limited(ELCM)	135.93 ▼ -15.1 (-10%)
Power Cem(Pref) / Mar 26 Power Cement (Pref)(POWERPS)	12.95 ▼ -1.38 (-9.63%)
Atlas Ins. Ltd / Mar 26 Atlas Insurance Limited(ATIL)	58.50 ▼ -5.48 (-8.57%)
Bela Auto / Mar 26 Bela Automotives Limited(BELA)	167 ▼ -14.94 (-8.21%)
Kohat Textile / Mar 26 Kohat Textile Mills Limited(KOHTM)	28.15 ▼ -2.4 (-7.86%)
Jubilee Spinning / Mar 26 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10.88 ▼ -0.89 (-7.56%)
Frontier Ceram / Mar 26 Frontier Ceramics Limited(FRCL)	22.40 ▼ -1.82 (-7.51%)
Noon Sugar / Mar 26 Noon Sugar Mills Limited(NONS)	73.62 ▼ -5.95 (-7.48%)
PIA Holding Co.B / Mar 26 PIA Holding Company Limited B(PIAHCLB)	900.16 ▼ -71.96 (-7.4%)
UDL International / Mar 26 UDL International Limited(UDLI)	7.11 ▼ -0.53 (-6.94%)

Stock	Volume
Pak Elektron / Mar 26 Pak Elektron Limited(PAEL)	29,093,385 ▲ 1.6
P.S.O. / Mar 26 Pakistan State Oil Company Limited(PSO)	26,846,685 ▲ 1.38
TRG Pak Ltd / Mar 26 TRG Pakistan Limited(TRG)	22,825,615 ▼ -0.92
Cnergyico PK / Mar 26 Cnergyico PK Limited(CNERGY)	17,176,390 ▲ 0.07
B.O.Punjab / Mar 26 The Bank of Punjab(BOP)	16,063,012 ▼ -0.18
Pak Petroleum / Mar 26 Pakistan Petroleum Limited(PPL)	15,868,233 ▲ 7.49
Engro Fert. / Mar 26 Engro Fertilizers Limited(EFERT)	14,391,574 ▼ -1.85
WorldCall Telecom / Mar 26 Worldcall Telecom Limited(WTL)	12,412,844 ▲ 0.01
TPL REIT Fund I / Mar 26 TPL REIT Fund I(TPLRF1)	11,002,839 ▲ 0.06
Fauji Cement / Mar 26 Fauji Cement Company Limited(FCCL)	10,156,162 ▲ 1.41

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IMF reaches staff-level deal with Pakistan to unlock $1.3 billion of new cash

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Philip Morris Pakistan to exit PSX, announces share buyback

Philip Morris Pakistan to exit PSX, announces share buyback

Net metering consumers: Contract term limited to 5 years

Net metering consumers: Contract term limited to 5 years

PSX soars, KSE-100 surges over 1,100 points on IMF staff-level deal

PSX soars, KSE-100 surges over 1,100 points on IMF staff-level deal

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