News Archives for Print - 2016-04-10

Exchange

YOUR RUPEE LAST MONTH

Following currency fluctuations took place in foreign exchange rates during the last month. (March 1 to 31, 2016)

Published 10 Apr, 2016 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (April 09, 2016).

Published 10 Apr, 2016 12:00am

The Weather

The weather report on Saturday (April 09, 2016) and the forecast for Sunday (April 10, 2016).

Published 10 Apr, 2016 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (April 09, 2016).

Published 10 Apr, 2016 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (April 09, 2016).

Published 10 Apr, 2016 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (April 09, 2016).

Published 10 Apr, 2016 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (April 09, 2016).

Published 10 Apr, 2016 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (April 09, 2016).

Published 10 Apr, 2016 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (April 09, 2016)

Published 10 Apr, 2016 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Saturday (April 09, 2016).

Published 10 Apr, 2016 12:00am

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (April 09, 2016).

Published 10 Apr, 2016 12:00am

Cotton

Grain market rates

Karachi grain market rates in rupees on Saturday (April 09, 2016).

Published 10 Apr, 2016 12:00am

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (April 09, 2016).

Published 10 Apr, 2016 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (April 09, 2016).

Published 10 Apr, 2016 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (April 09, 2016).

Published 10 Apr, 2016 12:00am

Kerb

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Saturday (April 09, 2016).

Published 10 Apr, 2016 12:00am

Currency

The rupee showed no major change versus the dollar in the process of trading, dealers said. The rupee was unchanged against the dollar for buying and selling at Rs 105.20 and Rs 105.40 respectively, while it dropped by 50 paisas in relation to the euro fo

Published 10 Apr, 2016 12:00am

Currency

THE RUPEE: firm trend

The rupee showed no major change versus the dollar in the process of trading, dealers said. The rupee was unchanged against the dollar for buying and selling at Rs 105.20 and Rs 105.40 respectively, while it dropped by 50 paisas in relation to the euro fo

Published 10 Apr, 2016 12:00am

Cross Transactions between Client to Client & Financial Institutions

The following were the cross transactions between client to client & financial institutions here on Saturday (April 09, 2016).

Published 10 Apr, 2016 12:00am

Member to Member

The following transactions member to member subsequently reported on Saturday (April 09, 2016).

Published 10 Apr, 2016 12:00am

Currency

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Saturday (April 09, 2016).

Published 10 Apr, 2016 12:00am

Aaj TV - Sunday's schedule

All timings are in PST (Pakistan Standard Time).

Published 10 Apr, 2016 12:00am

Asian naphtha cracks fall

Asia's naphtha crack was near a 2-1/2 week low of $80.80 a tonne on Thursday as heavy gasoline supplies and possible higher volumes of naphtha arriving in the East next month weighed. Naphtha, depending on its grades, can be used as a blendstock for gasol

Published 10 Apr, 2016 12:00am

Coffee premiums rise in Vietnam, Indonesia

Vietnamese coffee premiums edged up on tight supply, while thin stocks increased premiums in Indonesia, traders said, but rainfall early this week in Vietnam and forecasts of more before early May are expected to alleviate supply concerns. A drought broug

Published 10 Apr, 2016 12:00am

Asian rice prices stable in Thailand, Vietnam

Fresh buying demand, coupled with concerns about the impact of dry weather in Thailand and Vietnam, has kept Asian rice prices stable in the past week, traders said on Wednesday. Thailand and Vietnam, the world's second- and third-biggest rice exporters a

Published 10 Apr, 2016 12:00am

Cotton

Oil cake market rates

The May vaida gave up overnight gains on the forward cottonseeds oilcake market on Saturday in the process of trading, dealers said. The May contract closed at Rs 2048.20 but it commenced with 40 paisas decline at Rs 2047.80 in the wee hours, they said. T

Published 10 Apr, 2016 12:00am

Cotton

High quality cotton lint: prices sharply up on panic buying

Surging demand for quality lint, pushed the rates sharply higher on the cotton market on Saturday, dealers said. The official spot rate was higher by Rs 100 to Rs 5,350 dealers said. In the Punjab prices of seed cotton were at Rs 2400 and Rs 3100, they sa

Published 10 Apr, 2016 12:00am

US Plains: HRW wheat bids flat

Hard red winter wheat basis bids were unchanged in the southern US Plains on Thursday amid a slow pace of farmer sales and limited demand from exporters and flour millers, dealers said. Futures for the wheat variety fell nearly 1 percent to the lowest lev

Published 10 Apr, 2016 12:00am

Vegetable Oil

European vegoils: palm oil down on weak demand

Palm oil on the European vegetable oils market continued to ease on Thursday on the back of weak demand and due to profit taking in Malaysian palm oil futures. "Belief that Malaysian palm oil stocks for March could be higher than anticipated on Monday put

Published 10 Apr, 2016 12:00am

Exchange

Indian sugar prices rise on hopes of lower output

Indian sugar prices rose on Thursday on expectations of lower output this season and a pick-up in demand for the sweetener in summer. The most active May sugar contract on the National Commodity & Derivatives Exchange was 1.63 percent higher at 3,495 rupe

Published 10 Apr, 2016 12:00am

Cotton

Rates continue to fall on grain market

Prices declined on the wholesale grain market on Friday in the process of modest trading, dealers said. On the cereals side, Moong Punjab was lower by Rs 20 to Rs 9850 and Moong Afghan followed same pattern, losing Rs 375 to Rs 11500, Guwar Sindh gained R

Published 10 Apr, 2016 12:00am

CBOT wheat futures fall

Chicago Board of Trade wheat futures fell on Thursday for a fourth straight session, with the May contract hitting a one-week low on forecasts for beneficial rains in the US Plains and disappointing weekly US export sales, traders said. CBOT May wheat set

Published 10 Apr, 2016 12:00am

Freight rates for capesize dry cargo likely to hold steady

Freight rates for large capesize dry cargo ships on key Asian routes are likely to hold steady next week near four-month highs if owners continue to reactivate idle tonnage on upbeat cargo demand, ship brokers said on Thursday. "If more idled ships are pu

Published 10 Apr, 2016 12:00am

Exchange

US natural gas futures rise on cool weather forecasts

US natural gas futures jumped over 5 percent on Thursday, its biggest percentage gain since December, as forecasts for more cool weather through the end of April offset a report that inventories rose more than expected last week. Front-month gas futures o

Published 10 Apr, 2016 12:00am

US FOB Gulf corn, soya export offers firmer

Export premiums for corn and soyabeans shipped from the US Gulf Coast were mostly steady to firm on Thursday, tracking gains in CIF barge basis values as a river-shipping disruption raised acquisition costs for exporters, traders said. CIF barge basis val

Published 10 Apr, 2016 12:00am

EU wheat edges down

Paris wheat futures closed slightly lower on Thursday after a subdued session in which a sale of French wheat to Egypt failed to stir a market weighed down by large stocks and favourable crop conditions. German cash premiums however were again supported b

Published 10 Apr, 2016 12:00am

Ivory Coast sees 2015-16 cocoa output down

Ivory Coast, the world's top cocoa grower, is expecting to harvest 1.6 million tonnes of beans in the current 2015/16 season, down from around 1.8 million tonnes last season, a senior finance ministry source said on Thursday. The West African nation had a

Published 10 Apr, 2016 12:00am

Exchange

Iron ore futures in Asia steady on weak Chinese buying

Iron ore futures in Asia steadied on Thursday, reflecting weak buying interest in the raw material after last quarter's rally as supply rises and Chinese steel prices pull back from recent highs. The January-to-March rally that lifted spot iron ore by 24

Published 10 Apr, 2016 12:00am

China aims to cut corn planting in parts of farming belt

China aims to reduce corn planting in parts of its farming belts by around a third over five years, representing an area larger than Belgium, and switch to crops such as soyabeans or potatoes after ending policies to support corn prices. China intended to

Published 10 Apr, 2016 12:00am

Renault to invest $1 billion in Morocco

French carmaker Renault has signed agreements with Morocco to invest more than $1 billion and create 50,000 jobs in the North African country, the Moroccan industry minister said. "This strategic project alone will give Morocco 50,000 new jobs and combine

Published 10 Apr, 2016 12:00am

France's Vivendi, Italy's Mediaset clinch deal in challenge to Netflix

Vivendi will acquire Mediaset's pay TV arm and take a stake in the Italian broadcaster as part of French tycoon Vincent Bollore's plan to build a European media giant to rival US streaming powerhouse Netflix. The partnership will see the companies swap 3.

Published 10 Apr, 2016 12:00am

Shanghai wealth management firm comes crashing to earth as executives arrested

Zhongjin Capital Management made a splash in the past couple of years in Shanghai. The wealth management firm's imposing branch office on Shanghai's historic Bund pulled in many eager investors seeking the double-digit returns it promised on short-term fi

Published 10 Apr, 2016 12:00am

Shanghai wealth management firm comes crashing to earth as executives arrested

Zhongjin Capital Management made a splash in the past couple of years in Shanghai. The wealth management firm's imposing branch office on Shanghai's historic Bund pulled in many eager investors seeking the double-digit returns it promised on short-term fi

Published 10 Apr, 2016 12:00am

Egypt to slash petroleum subsidies

Egypt will slash petroleum subsidies by nearly 43 percent in the 2016-2017 budget, Finance Minister Amr al-Garhy told a news conference on Saturday. The country will lower subsidies to 35 billion Egyptian pounds ($3.94 billion) from around 61 billion poun

Published 10 Apr, 2016 12:00am

China to cut steel capacity to 1.13 billion tonnes by 2020: industry official

China's plans to shut steel mills over the next five years would cut total capacity to an estimated 1.13 billion tonnes by 2020, still far in excess of the country's needs, a government official said on Saturday. In February China announced plans to shut

Published 10 Apr, 2016 12:00am

Brussels signals patient approach to Italian privatisations

The European Commission indicated on Saturday it would take a patient approach to Italy's faltering privatisation programme, with a senior official saying the country should be pragmatic and should not sell state assets at discounted prices. "The commissi

Published 10 Apr, 2016 12:00am

French bank chief 'more worried about sector now than in 2009'

The chairman of France's second-biggest retail bank is more worried about Europe's banking sector now, in some ways, than when he took the reins at BPCE bank during the depths of the global financial crisis in 2009. Francois Perol said on the sidelines of

Published 10 Apr, 2016 12:00am

Gazprom says won't share its Europe-bound gas export monopoly

Allowing Novatek and Russia's top oil producer Rosneft to export gas to Europe would not be in Russia's national interest, RIA news agency quoted Russian gas export monopoly Gazprom as saying on Saturday. "If we talk about our European (export) policy, ab

Published 10 Apr, 2016 12:00am

Exchange

India's Tata Steel confirms UK fraud probe

India's Tata Steel said Saturday that Britain's Serious Fraud Office is investigating a lapse in procedures at its steel-making site in Yorkshire, as the group seeks to sell its UK operations. In a filing to the Bombay Stock Exchange, Tata confirmed media

Published 10 Apr, 2016 12:00am

Turkmen leader sacks economy officials as growth slows

Turkmen President Kurbanguly Berdymukhamedov has sacked his economy and trade ministers as well as the top taxman after economic growth in the gas-exporting nation slowed and exports fell, state television said on Saturday. The Central Asian nation's gros

Published 10 Apr, 2016 12:00am

Panama eyes liability management ahead of US $3.2 billion in maturities

Panama is starting to explore liability management options ahead of US $3.2bn of debt maturities falling due over the next six years, the country's head of public credit told IFR on Saturday. "We have been looking at liability management operations for va

Published 10 Apr, 2016 12:00am

Panama eyes liability management ahead of US $3.2 billion in maturities

Panama is starting to explore liability management options ahead of US $3.2bn of debt maturities falling due over the next six years, the country's head of public credit told IFR on Saturday. "We have been looking at liability management operations for va

Published 10 Apr, 2016 12:00am

German government debt ratio sinking faster than planned

Germany now expects its debt level to fall back within the bounds of European Union rules as soon as 2020, faster than previously forecast, a German magazine said. EU rules saying euro zone states should keep the ratio of debt to gross domestic product at

Published 10 Apr, 2016 12:00am

German government debt ratio sinking faster than planned

Germany now expects its debt level to fall back within the bounds of European Union rules as soon as 2020, faster than previously forecast, a German magazine said. EU rules saying euro zone states should keep the ratio of debt to gross domestic product at

Published 10 Apr, 2016 12:00am

Sri Lanka requests equity swap for some of its $8 billion China debt

Sri Lanka has asked China to swap some of the $8 billion it owes Beijing for equity in infrastructure projects and offered to sell stakes in its companies to Chinese ones, Colombo officials said on Saturday. The ouster of President Mahinda Rajapaksa, who

Published 10 Apr, 2016 12:00am

Sri Lanka requests equity swap for some of its $8 billion China debt

Sri Lanka has asked China to swap some of the $8 billion it owes Beijing for equity in infrastructure projects and offered to sell stakes in its companies to Chinese ones, Colombo officials said on Saturday. The ouster of President Mahinda Rajapaksa, who

Published 10 Apr, 2016 12:00am

Financial turmoil at SunEdison imperils solar projects worldwide

In November, solar energy giant SunEdison Inc reported that its project pipeline had grown by 75 percent in just a year, the result of an aggressive growth strategy. Now, five months later, many of those projects are imperiled as SunEdison reportedly prep

Published 10 Apr, 2016 12:00am

Iran exporting 350,000 bpd oil to India, hopes for more

Iran is exporting around 350,000 barrels of crude oil a day to India and hopes to increase this number, Oil Minister Bijan Zanganeh was quoted as saying on Saturday after meeting Indian counterpart Dharmendra Pradhan. The Shana news agency, linked to Iran

Published 10 Apr, 2016 12:00am

Australian shares to nudge higher this year, but short of 2015 peak

Australian shares will edge higher in 2016 and into next year but remain short of their recent peaks, a Reuters poll found, as investors tread cautiously through the downturn in the country's once-in-a-generation resources boom. Broader concerns about an

Published 10 Apr, 2016 12:00am

Global funds cut equity holdings to lowest in at least 5 years

Investors cut their holdings of stocks to the lowest in at least five years in March, despite a recovery in global equity markets, with euro zone and Japanese assets bearing the brunt as doubts grew about the effectiveness of central bank stimulus. Equity

Published 10 Apr, 2016 12:00am

Global funds cut equity holdings to lowest in at least 5 years

Investors cut their holdings of stocks to the lowest in at least five years in March, despite a recovery in global equity markets, with euro zone and Japanese assets bearing the brunt as doubts grew about the effectiveness of central bank stimulus. Equity

Published 10 Apr, 2016 12:00am

Brexit uncertainty to limit gains in Britain's FTSE index

Britain's benchmark equity index will not make much, if any, progress for the rest of 2016, due to uncertainty over the country's vote on European Union membership and fears of a global slowdown, a Reuters poll found. The poll of 27 traders, fund managers

Published 10 Apr, 2016 12:00am

Currency

East Asia stock markets now seen having lacklustre 2016 performance

East Asian stocks will have a choppy ride through the rest of this year, with some markets managing modest gains, but with investors still fretting over China's prospects and how many US interest rate hikes are coming, a Reuters poll showed. In 2016, glob

Published 10 Apr, 2016 12:00am

China debt-to-equity swap could 'resolve' $154 billion in potential bad debt: Caixin

China's first batch of debt-to-equity swaps is expected to "resolve" 1 trillion yuan ($154.38 billion) in potential bad banking debt in three years or less, media group Caixin reported on Monday, citing an unnamed policy banking source. In a cover story i

Published 10 Apr, 2016 12:00am

China debt-to-equity swap could 'resolve' $154 billion in potential bad debt: Caixin

China's first batch of debt-to-equity swaps is expected to "resolve" 1 trillion yuan ($154.38 billion) in potential bad banking debt in three years or less, media group Caixin reported on Monday, citing an unnamed policy banking source. In a cover story i

Published 10 Apr, 2016 12:00am

Currency

Treasuries outlook: debt yields rise, 30-year yield falls for 4th straight week

US Treasury debt yields rose from six-week lows on Friday, backed by a surge in oil prices and Federal Reserve Chair Janet Yellen's comments on interest-rate hikes, but fell for the second consecutive week with 30-year bond yields falling for the fourth w

Published 10 Apr, 2016 12:00am

Currency

Treasuries outlook: debt yields rise, 30-year yield falls for 4th straight week

US Treasury debt yields rose from six-week lows on Friday, backed by a surge in oil prices and Federal Reserve Chair Janet Yellen's comments on interest-rate hikes, but fell for the second consecutive week with 30-year bond yields falling for the fourth w

Published 10 Apr, 2016 12:00am

Exchange

BATS Global Markets sees IPO valuation of up to $2 billion

Exchange operator BATS Global Markets Inc said its initial public offering was expected to be priced at between $17 and $19 per share, valuing the company at up to $2 billion. The offering of 11.2 million shares, to be listed on the BATS Exchange, could r

Published 10 Apr, 2016 12:00am

Exchange

BATS Global Markets sees IPO valuation of up to $2 billion

Exchange operator BATS Global Markets Inc said its initial public offering was expected to be priced at between $17 and $19 per share, valuing the company at up to $2 billion. The offering of 11.2 million shares, to be listed on the BATS Exchange, could r

Published 10 Apr, 2016 12:00am

European bond trading volume falls 14 percent in Q1

Bond trading volume in Europe fell 14 percent in the first quarter compared with the same period in 2015, according to figures provided by bond trading platform and data provider MarketAxess. High volatility in the three months to March against a backdrop

Published 10 Apr, 2016 12:00am

European bond trading volume falls 14 percent in Q1

Bond trading volume in Europe fell 14 percent in the first quarter compared with the same period in 2015, according to figures provided by bond trading platform and data provider MarketAxess. High volatility in the three months to March against a backdrop

Published 10 Apr, 2016 12:00am

Exchange

TSX jumps one percent as surging oil energises energy companies

Canada's main stock index jumped almost 1 percent on Friday, led by gains for energy companies as crude oil prices surged, helping the index eclipse most of the losses sustained earlier in the week. Unexpectedly robust jobs data added to evidence of a pic

Published 10 Apr, 2016 12:00am

Exchange

Bombay Stock Exchange looking to list next year: CEO

Bombay Stock Exchange Ltd (BSE) aims to list next year, its CEO said, in a deal that will raise the profile of Asia's oldest bourse at a time of industry consolidation, as investors such as Deutsche Boerse AG get the opportunity to cash out. The exchange

Published 10 Apr, 2016 12:00am

Exchange

Foreign investors net buyers of Japan shares for first time in 2016

Foreign investors became net buyers of Japanese stocks for the first time in 2016 last week, capital flows data by the Ministry of Finance showed on Thursday. Foreign investors bought a net of 415.2 billion yen ($3.82 billion) worth of shares in the week

Published 10 Apr, 2016 12:00am

Exchange

Wall Street ends higher but indexes post weekly losses

A sharp rally in crude oil and energy shares lifted US stocks on Friday, but indexes registered losses for the week. US crude oil settled more than 6 percent higher after data showed lower US stockpiles, driving gains of 2 percent in the S&P energy index.

Published 10 Apr, 2016 12:00am

Exchange

African currencies week ahead: Kenyan, Ghanaian and Zambian currencies to firm, Nigeria's to ease

Kenyan, Ghanaian and Zambian currencies are expected to gain ground in the next week to Thursday, while Nigeria's will weaken, traders said.

Published 10 Apr, 2016 12:00am

Currency

Japan faces trouble controlling damaging yen rises

Japanese efforts to stem sharp increases in the yen could face increasing opposition from other major economies, making it even more difficult for premier Shinzo Abe's administration to reflate the world's third largest economy out of stagflation. Senior

Published 10 Apr, 2016 12:00am

Currency

Canadian dollar bets turn bullish for first time since May last year

Speculators have turned bullish on the Canadian dollar for the first time since May last year, Commodity Futures Trading Commission (CFTC) data showed on Friday. Net long Canadian dollar positions stood at 97 contracts in the week ended April 5, swinging

Published 10 Apr, 2016 12:00am

Currency

Canadian dollar strengthens

The Canadian dollar strengthened to a one-week high against its US counterpart on Friday, with investor optimism buoyed by stronger-than-expected Canadian jobs data and a rally in oil prices. The economy created 40,600 jobs in March, far surpassing econom

Published 10 Apr, 2016 12:00am

Currency

Dollar rally nearing a close, risks to the downside

The US dollar rally that began in mid-2014 has nearly run its course and will only gain slightly over the coming year, according to a Reuters poll of strategists who said risks to their forecasts are tilted more to the downside. The latest conclusions wil

Published 10 Apr, 2016 12:00am

Currency

Yen slips in New York as Japan finance minister warns on intervention

The yen retreated broadly on Friday after posting gains this week, weighed by warnings overnight from Japan's finance minister of possible intervention by the government to weaken the currency. Gains in global stock markets and oil prices also bolstered t

Published 10 Apr, 2016 12:00am

Currency

Hong Kong dollar's dominance set to be eclipsed by yuan

The Hong Kong dollar is expected to have a limited future as the yuan gains more popularity over time, according to a survey conducted among 225 Chinese and Hong Kong business executives by London Business School and the University of Hong Kong. Though th

Published 10 Apr, 2016 12:00am

Currency

US dollar net longs hit lowest since late March 2014

Speculators further chopped bullish bets on the US dollar for a fifth straight week, pushing net longs to their lowest in more than two years, according to Reuters calculations and data from the Commodity Futures Trading Commission released on Friday. The

Published 10 Apr, 2016 12:00am

Currency

As yield allure lifts New Zealand dollar, central bank could be forced to ease again this month

A resurgent New Zealand dollar is making life harder for the nation's central bank, putting more pressure on the South Pacific island's vital dairy exports and raising the chance of another interest rate cut as early as this month. Nicknamed the Kiwi afte

Published 10 Apr, 2016 12:00am

Exchange

Asia FX gloom lifts on dollar retreat and dovish Fed

Emerging Asian currencies are set to weaken further in the coming year, but not as much as thought a few months ago, as expectations the US Federal Reserve will raise interest rates more cautiously hold back the dollar, a Reuters poll showed. Still, with

Published 10 Apr, 2016 12:00am

Exchange

Emerging market currencies to remain volatile

Volatility will remain high in emerging foreign exchange markets all year, but that is unlikely to send currencies back to all-time lows as hopes of fewer interest rate hikes in the United States encourage risk-taking, a Reuters poll found. Forty-six of 5

Published 10 Apr, 2016 12:00am

Exchange

Emerging market currencies to remain volatile

Volatility will remain high in emerging foreign exchange markets all year, but that is unlikely to send currencies back to all-time lows as hopes of fewer interest rate hikes in the United States encourage risk-taking, a Reuters poll found. Forty-six of 5

Published 10 Apr, 2016 12:00am

Ronaldo record as Real win, Torres lifts Atletico

Cristiano Ronaldo became the first player to hit 30 La Liga goals in six consecutive seasons as he inspired Real Madrid to a 4-0 thrashing of Eibar on Saturday. Elsewhere, Fernando Torres was on target again as Atletico Madrid triumphed 3-1 at Espanyol. R

Published 10 Apr, 2016 12:00am

Bolton relegated, Burnley close in on promotion

Bolton were relegated from the Championship after a 4-1 defeat against Derby, while second tier leaders Burnley took another step towards the Premier League with a 1-0 win over Leeds on Saturday. Rock bottom Bolton were already almost certain to slip into

Published 10 Apr, 2016 12:00am

Sigurdsson ends Chelsea's unbeaten run under Hiddink

Gylfi Sigurdsson handed Chelsea their first Premier League defeat under interim manager Guus Hiddink as Swansea beat the Blues 1-0 at the Liberty Stadium on Saturday. Iceland midfielder Sigurdsson struck in the 25th minute to earn Swansea a victory that s

Published 10 Apr, 2016 12:00am

Villa cling on, Carroll treble thwarts Arsenal

Hapless bottom club Aston Villa avoided relegation from the Premier League by the skin of their teeth on Saturday despite a 2-1 loss at home to Bournemouth. Goals from Steve Cook and Josh King gave Bournemouth victory at Villa Park, but Norwich City's 1-0

Published 10 Apr, 2016 12:00am

Larkin sends out Rio warning with dominant backstroke win

World champion Mitch Larkin was under world record pace before qualifying for the Rio Olympics in the 100-metres backstroke at the Australian Swimming Championships in Adelaide on Saturday. The FINA Male Swimmer of the Year was on track to go under Americ

Published 10 Apr, 2016 12:00am

Saudis act against 'anti-Islamic' footballer haircuts

Saudi sports authorities are taking action against footballer hairstyles deemed to be anti-Islamic in the ultra-conservative kingdom, local media reported. A video posted online on Friday showed one player being given a last-minute haircut before a fixtur

Published 10 Apr, 2016 12:00am

Shehzad says he hasn't responded to criticism

Opening batsman Ahmed Shehzad Saturday said that changes being made after Pakistan performance in World Twenty20 mega event would have to be taken positively. "There is a lot of criticism against me for the last few days but I have not responded to it bec

Published 10 Apr, 2016 12:00am

Lee and Chen set for Malaysian Open showdown

Malaysia's badminton maestro Lee Chong Wei stormed through to the finals of the Malaysian Open, after defeating Denmark's Jan O Jorgensen in a semi-final match on Saturday. The world number four shuttler, who beat Jorgensen 21-7, 21-14, will face off agai

Published 10 Apr, 2016 12:00am

Swat take overall trophy in Malakand Region Games

Swat clinched overall trophy of the Khyber Pakhtunkhwa Malakand Region Inter-District Men Games concluded at Makan Bagh, Mingora Swat Saturday. Director Operation and Training Tariq Mehmood was the chief guest on this occasion. Organizing Secretary Syed S

Published 10 Apr, 2016 12:00am

World Cup Amateur Golf Series set to make history

The Turkish Airlines World Cup Amateur Series is ready to make history in 2016 as it becomes the largest corporate golf tournament in the world. A total of 100 qualifying events will be held in 60 countries, and as for the Pakistan segment the contest wil

Published 10 Apr, 2016 12:00am

Federer back as big guns test Monte Carlo clay

Roger Federer will test a January knee injury under competitive conditions from Sunday when the Monte Carlo Masters marks the opening of the pre-Roland Garros spring clay court campaign. The 17-time grand slam champion who has stalled in four finals at th

Published 10 Apr, 2016 12:00am

Businesses for cut in policy rate

The business community has welcomed the monetary policy announced by the State Bank of Pakistan (SBP) on Saturday. The business leaders including Maqsood Ismail, President Lasbela Chamber of Commerce and Industry (LCCI) and Chairman, Pakistan Tanners Asso

Published 10 Apr, 2016 12:00am

KP Governor distributes compensation cheques among tribesmen

Khyber Pakhtunkhwa Governor Iqbal Zafar Jhagra has said that peace has been restored in the country due to the great sacrifices rendered by our security forces and tribesmen. He said now we are entering the new phase of peace and development. He said time

Published 10 Apr, 2016 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 1	277.78
USD PKR Interbank Buying / Nov 1	277.68
USD to Japanese Yen / Nov 1	153.01
USD to Swiss Franc / Nov 1	0.87
Pound Sterling to USD / Nov 1	1.29
Euro to USD / Nov 1	1.08

Stock	Volume
S&P 500 / Nov 1	5,728.80
India Sensex / Nov 1	79,724.12
Tokyo Nikkei / Nov 1	38,053.67
Nasdaq / Nov 1	18,239.92
Hang Seng / Nov 1	20,506.43
FTSE 100 / Nov 1	8,177.15
Dow Jones / Nov 1	42,052.19
Germany DAX 30 / Nov 1	19,254.97

Item	Value
Crude Oil USD/Barrel / Nov 1	69.49
Karachi Cotton PKR/37.32 KG / Nov 1	18,085
Gold 10 Grams PKR / Nov 1	244,084
Gold Spot USD/Ounce / Nov 1	2,736.53
Cotton US¢/pound / Nov 1	70.17
Petrol/Litre / Nov 2	248.38

Stock	Price
786 Invest Ltd / Nov 2 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Nov 2 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Nov 2 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Nov 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 2 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Nov 2 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Nov 2 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Nov 2 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Nov 2 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Nov 2 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Nov 2 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Nov 2 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Nov 2 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Nov 2 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Nov 2 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Nov 2 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Nov 2 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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