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Nov 22, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2016-04-05
Brazil imports record corn, sells stocks to contain prices

Brazil imports record corn, sells stocks to contain prices

To ease near record prices for corn, Brazil's government on Wednesday announced it would sell public stocks and proposed dropping import taxes for the grain, while the livestock industry said it booked imports of 500,000 tonnes through May. The Agricultur
Published 05 Apr, 2016 12:00am
Palm oil gains on weaker ringgit, tracks competing oils
Vegetable Oil

Palm oil gains on weaker ringgit, tracks competing oils

Malaysian palm oil futures reversed course to rise for a second straight day in the evening, as the ringgit weakened and as palm tracked improving competing oils. The palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange rose 0.9
Published 05 Apr, 2016 12:00am
ICE sugar sinks to 3-1/2-week low, arabica coffee drops

ICE sugar sinks to 3-1/2-week low, arabica coffee drops

ICE raw sugar futures sank for the third straight session on Monday, falling more than 3 percent to a 3-1/2-week low after US data showed speculators held a record long position, while arabica coffee prices took their biggest tumble in two months. New Yor
Published 05 Apr, 2016 12:00am
Gold extends losses in Asia

Gold extends losses in Asia

Gold extended losses on Monday after a better-than-expected US jobs report signalled strength in the economy and stoked speculation the Federal Reserve could raise interest rates soon. Bullion's recent losses take it closer towards the key $1,200 an ounce
Published 05 Apr, 2016 12:00am
Gold falls in Europe
Exchange

Gold falls in Europe

Gold fell on Monday after strong US economic data boosted investor risk sentiment, while uncertainty continued about the Federal Reserve's interest rates path. Spot gold eased 0.2 percent to $1,220.86 an ounce by 1333 GMT, while US gold for June delivery
Published 05 Apr, 2016 12:00am
US MIDDAY: wheat sags

US MIDDAY: wheat sags

Wheat futures on the Chicago Board of Trade drifted lower early on Monday on technical selling, with weakness in outside commodity markets, including crude oil and copper, lending pressure, traders said. CBOT May wheat settled down 1 cent at $4.74-3/4 a b
Published 05 Apr, 2016 12:00am
US MIDDAY: gold drops
Exchange

US MIDDAY: gold drops

Gold fell on Monday after strong US economic data boosted investor risk sentiment and a top US Federal Reserve official said an interest rate hike is likely to take place ahead of the market's current expectations due to fading economic concerns. Spot gol
Published 05 Apr, 2016 12:00am
Oil down over two percent; more doubt producer output freeze

Oil down over two percent; more doubt producer output freeze

Oil prices fell more than 2 percent on Monday, with Brent touching one-month lows, as investors doubted that producing countries will freeze output to rein in a world-wide glut. US crude futures got only brief support from an outage on a pipeline that hel
Published 05 Apr, 2016 12:00am
The Weather

The Weather

The weather report on Monday (April 04, 2016) and the forecast for Tuesday (April 05, 2016).

Published 05 Apr, 2016 12:00am
Online car classifieds in Urdu

Online car classifieds in Urdu

My father, aged 64, wanted to sell his Toyota Corolla 1982 model. For this purpose, he tried some online portals, but could not sell his car as such websites offer related information in English only, making it difficult for a majority of people to get be
Published 05 Apr, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (April 04, 2016).

Published 05 Apr, 2016 12:00am
Kohl to meet Orban in act seen as undermining German chancellor

Kohl to meet Orban in act seen as undermining German chancellor

Germany's former chancellor Helmut Kohl has emerged from retirement at the age of 86 to announce he is to meet Viktor Orban, apparently to offer the controversial Hungarian prime minister support for his stance opposing mass migration into the European Un
Published 05 Apr, 2016 12:00am
How Europe built fences to keep people out

How Europe built fences to keep people out

In early March, Europe's migration chief Dimitris Avramopoulos squelched through a muddy refugee camp on Greece's border with Macedonia and peered through the barbed-wire topped fence that stands between tens of thousands of migrants in Greece and richer
Published 05 Apr, 2016 12:00am
Is this good governance?

Is this good governance?

The disturbing events beginning March 24 yet again shook peoples' confidence in the government's priorities, perceptive abilities, and pre-emptive strategies; together these failures reflect the importance it attaches to its own image as well as that of P
Published 05 Apr, 2016 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (April 04, 2016).

Published 05 Apr, 2016 12:00am
Nukes that guarantee peace

Nukes that guarantee peace

Of the 2,734 nuclear incidents world-wide recorded by the International Atomic Energy Agency (IAEA), including five in India, "not a single accident or breach happened in Pakistan, although our programme is 40 years old," said Foreign Secretary Aizaz Chau
Published 05 Apr, 2016 12:00am
The Panama Papers
Exchange

The Panama Papers

A whopping number of documents (11.5 million) constituting 2.6 terabytes of information of the Panamanian law firm Mossack Fonseca, the world's fourth biggest provider of offshore services, have been leaked. These documents are sourced to an anonymous inf
Published 05 Apr, 2016 12:00am
July-February period: repatriation of profit crosses $1 billion mark

July-February period: repatriation of profit crosses $1 billion mark

Repatriation of profit and dividend by foreign investors has crossed $1 billion mark in the first eight months (July-Feb) of this fiscal year (FY16), mainly due to improved economic condition. Analysts said that positive economic developments have also re
Published 05 Apr, 2016 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (April 04, 2016)

Published 05 Apr, 2016 12:00am
July-February period: repatriation of profit crosses $1 billion mark

July-February period: repatriation of profit crosses $1 billion mark

Repatriation of profit and dividend by foreign investors has crossed $1 billion mark in the first eight months (July-Feb) of this fiscal year (FY16), mainly due to improved economic condition. Analysts said that positive economic developments have also re
Published 05 Apr, 2016 12:00am
July-February period: repatriation of profit crosses $1 billion mark

July-February period: repatriation of profit crosses $1 billion mark

Repatriation of profit and dividend by foreign investors has crossed $1 billion mark in the first eight months (July-Feb) of this fiscal year (FY16), mainly due to improved economic condition. Analysts said that positive economic developments have also re
Published 05 Apr, 2016 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (April 04, 2016).

Published 05 Apr, 2016 12:00am
MPS on Saturday

MPS on Saturday

The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has been shuffled and besides appointing an external member on a vacant seat, two board members of the State Bank have also been changed. According to SBP announcement, the meeting of
Published 05 Apr, 2016 12:00am
MPS on Saturday

MPS on Saturday

The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has been shuffled and besides appointing an external member on a vacant seat, two board members of the State Bank have also been changed. According to SBP announcement, the meeting of
Published 05 Apr, 2016 12:00am
MPS on Saturday

MPS on Saturday

The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has been shuffled and besides appointing an external member on a vacant seat, two board members of the State Bank have also been changed. According to SBP announcement, the meeting of
Published 05 Apr, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (April 04, 2016).

Published 05 Apr, 2016 12:00am
MPS on Saturday

MPS on Saturday

The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has been shuffled and besides appointing an external member on a vacant seat, two board members of the State Bank have also been changed. According to SBP announcement, the meeting of
Published 05 Apr, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (April 04, 2016).

Published 05 Apr, 2016 12:00am
Google removes Afghan Taliban smartphone app

Google removes Afghan Taliban smartphone app

Google has removed a Taliban smartphone app from its online store, the US Internet giant said Monday, countering the tech-savvy Afghan militant group''s increasing efforts to boost global visibility. The Taliban launched their foray into smartphone apps o
Published 05 Apr, 2016 12:00am
Google removes Afghan Taliban smartphone app

Google removes Afghan Taliban smartphone app

Google has removed a Taliban smartphone app from its online store, the US Internet giant said Monday, countering the tech-savvy Afghan militant group's increasing efforts to boost global visibility. The Taliban launched their foray into smartphone apps on
Published 05 Apr, 2016 12:00am
Google removes Afghan Taliban smartphone app

Google removes Afghan Taliban smartphone app

Google has removed a Taliban smartphone app from its online store, the US Internet giant said Monday, countering the tech-savvy Afghan militant group's increasing efforts to boost global visibility. The Taliban launched their foray into smartphone apps on
Published 05 Apr, 2016 12:00am
THE RUPEE: slight gains
Currency

THE RUPEE: slight gains

A firmer trend seen on the money market on Monday in the process of trading, dealers said. The rupee sustained week-end's rally, picking up two paisas versus the dollar for buying and selling at Rs 104.70 and Rs 104.72 respectively, they said.
Published 05 Apr, 2016 12:00am
THE RUPEE: slight gains
Currency

THE RUPEE: slight gains

A firmer trend seen on the money market on Monday in the process of trading, dealers said. The rupee sustained week-end's rally, picking up two paisas versus the dollar for buying and selling at Rs 104.70 and Rs 104.72 respectively, they said.
Published 05 Apr, 2016 12:00am
Mehbooba takes charge in held Kashmir

Mehbooba takes charge in held Kashmir

Mehbooba Mufti was sworn in on Monday as Indian-held Kashmir's first woman leader, taking over from her father nearly three months after he died in office. India's only Muslim-majority state had been ruled directly from New Delhi since the death in Januar
Published 05 Apr, 2016 12:00am
Mehbooba takes charge in held Kashmir

Mehbooba takes charge in held Kashmir

Mehbooba Mufti was sworn in on Monday as Indian-held Kashmir's first woman leader, taking over from her father nearly three months after he died in office. India's only Muslim-majority state had been ruled directly from New Delhi since the death in Januar
Published 05 Apr, 2016 12:00am
Four killed in Bangladesh protest

Four killed in Bangladesh protest

Four people were killed after police opened fire on villagers as a protest against two China-backed power plants turned violent in south-eastern Bangladesh Monday. Around 500 villagers had gathered in Gandamara, a remote coastal town, to protest against t
Published 05 Apr, 2016 12:00am
Four killed in Bangladesh protest

Four killed in Bangladesh protest

Four people were killed after police opened fire on villagers as a protest against two China-backed power plants turned violent in south-eastern Bangladesh Monday. Around 500 villagers had gathered in Gandamara, a remote coastal town, to protest against t
Published 05 Apr, 2016 12:00am
Germany hopes Panama Papers will spur tax evasion fight

Germany hopes Panama Papers will spur tax evasion fight

The German government on Monday said it hoped the revelations from the so-called "Panama Papers" will spur global efforts to combat tax evasion and money laundering. "We hope the current debate will turn up the heat," finance ministry spokesman Martin Jae
Published 05 Apr, 2016 12:00am
World Bank may cut growth forecast for Azerbaijan
Currency

World Bank may cut growth forecast for Azerbaijan

The World Bank is likely to cut its economic growth forecast for Azerbaijan and recommend to the government that it reduce reliance on oil revenues and press ahead with structural reforms, the bank's local manager said on Monday. A crash in oil prices las
Published 05 Apr, 2016 12:00am
World Bank may cut growth forecast for Azerbaijan
Currency

World Bank may cut growth forecast for Azerbaijan

The World Bank is likely to cut its economic growth forecast for Azerbaijan and recommend to the government that it reduce reliance on oil revenues and press ahead with structural reforms, the bank's local manager said on Monday. A crash in oil prices las
Published 05 Apr, 2016 12:00am
Son of Afghan Taliban founder given top council post

Son of Afghan Taliban founder given top council post

The Taliban appointed the son of its late founder Mullah Mohammad Omar as head of a military commission on Monday and named him and his uncle to its powerful decision-making body, a spokesman said. Mullah Omar's eldest son Mullah Mohammad Yaqoob and broth
Published 05 Apr, 2016 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 05 Apr, 2016 12:00am
BRIndex30 up 443.97 points

BRIndex30 up 443.97 points

On Monday, BRIndex30 opened at 21,135.92 points. It touched an intraday high of 21,610.57 points and an intraday low of 21,114.64 points and closed at 21,579.89 points which was 443.97 points or 2.1 percent higher than previous close. Total volume was 199
Published 05 Apr, 2016 12:00am
Board Meetings
Exchange

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 05 Apr, 2016 12:00am
BRIndex30 up 443.97 points

BRIndex30 up 443.97 points

On Monday, BRIndex30 opened at 21,135.92 points. It touched an intraday high of 21,610.57 points and an intraday low of 21,114.64 points and closed at 21,579.89 points which was 443.97 points or 2.1 percent higher than previous close. Total volume was 199
Published 05 Apr, 2016 12:00am
Bull-run continues

Bull-run continues

Pakistan stocks started the week with bull-run with KSE-100 index on Monday ending 359 points higher at 33,808. In intraday trade, the benchmark index showed volatility to hit the session high and low of 33,829 and 33,371 points respectively. Trading turn
Published 05 Apr, 2016 12:00am
Bull-run continues

Bull-run continues

Pakistan stocks started the week with bull-run with KSE-100 index on Monday ending 359 points higher at 33,808. In intraday trade, the benchmark index showed volatility to hit the session high and low of 33,829 and 33,371 points respectively. Trading turn
Published 05 Apr, 2016 12:00am
Bull-run continues

Bull-run continues

Pakistan stocks started the week with bull-run with KSE-100 index on Monday ending 359 points higher at 33,808. In intraday trade, the benchmark index showed volatility to hit the session high and low of 33,829 and 33,371 points respectively. Trading turn
Published 05 Apr, 2016 12:00am
Finance to finalise development budget for fiscal year 2017 next week

Finance to finalise development budget for fiscal year 2017 next week

The Ministry of Finance would finalise development budget for the next fiscal year from next Monday by holding week long meetings of priorities committees, sources in the Finance Ministry told Business Recorder. Sources said that priorities committ
Published 05 Apr, 2016 12:00am
Finance to finalise development budget for fiscal year 2017 next week

Finance to finalise development budget for fiscal year 2017 next week

The Ministry of Finance would finalise development budget for the next fiscal year from next Monday by holding week long meetings of priorities committees, sources in the Finance Ministry told Business Recorder. Sources said that priorities committ
Published 05 Apr, 2016 12:00am
Finance to finalise development budget for fiscal year 2017 next week

Finance to finalise development budget for fiscal year 2017 next week

The Ministry of Finance would finalise development budget for the next fiscal year from next Monday by holding week long meetings of priorities committees, sources in the Finance Ministry told Business Recorder. Sources said that priorities committ
Published 05 Apr, 2016 12:00am
TI urges global community to act

TI urges global community to act

A global investigation into the use of secret companies by the rich, powerful and corrupt has shown how a network of lawyers, bankers and others around the world hides illicit wealth. Transparency International calls on the international community to act
Published 05 Apr, 2016 12:00am
TI urges global community to act

TI urges global community to act

A global investigation into the use of secret companies by the rich, powerful and corrupt has shown how a network of lawyers, bankers and others around the world hides illicit wealth. Transparency International calls on the international community to act
Published 05 Apr, 2016 12:00am
TI urges global community to act

TI urges global community to act

A global investigation into the use of secret companies by the rich, powerful and corrupt has shown how a network of lawyers, bankers and others around the world hides illicit wealth. Transparency International calls on the international community to act
Published 05 Apr, 2016 12:00am
Chinese inaugurate Gwadar Port Free Zone

Chinese inaugurate Gwadar Port Free Zone

A 61-member delegation from the Chinese province of Xinjian reached here on Monday for a visit. It is being led by the General Secretary of Communist Party, Zhang Chunxian. The Governor of Balochistan and other officials received the delegation at the air
Published 05 Apr, 2016 12:00am
Chinese inaugurate Gwadar Port Free Zone

Chinese inaugurate Gwadar Port Free Zone

A 61-member delegation from the Chinese province of Xinjian reached here on Monday for a visit. It is being led by the General Secretary of Communist Party, Zhang Chunxian. The Governor of Balochistan and other officials received the delegation at the air
Published 05 Apr, 2016 12:00am
Chinese inaugurate Gwadar Port Free Zone

Chinese inaugurate Gwadar Port Free Zone

A 61-member delegation from the Chinese province of Xinjian reached here on Monday for a visit. It is being led by the General Secretary of Communist Party, Zhang Chunxian. The Governor of Balochistan and other officials received the delegation at the air
Published 05 Apr, 2016 12:00am
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