News Archives for Print - 2016-05-08

The rupee maintained surge versus the dollar on the money market on Saturday in the process of trading, dealers said. The rupee recovered five paisas in relation to dollar for buying and selling at Rs 104.70 and Rs 104.90, they said. The rupee also manage

Published 08 May, 2016 12:00am

Currency

THE RUPEE: modest rise

The rupee maintained surge versus the dollar on the money market on Saturday in the process of trading, dealers said. The rupee recovered five paisas in relation to dollar for buying and selling at Rs 104.70 and Rs 104.90, they said. The rupee also manage

Published 08 May, 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 (May 07, 2016).

Published 08 May, 2016 12:00am

Member to Member

The following transactions member to member subsequently reported on Saturday (May 07, 2016).

Published 08 May, 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 (May 07, 2016).

Published 08 May, 2016 12:00am

Aaj TV - Sunday's schedule

All timings are in PST (Pakistan Standard Time).

Published 08 May, 2016 12:00am

Asian naphtha crack lower to two-month low

Asia's naphtha crack slipped on Wednesday to a nearly two-month low of $57.25 a tonne on ample supplies as refineries ran at high rates to cash in on low crude prices, traders said. The weak fundamentals drew South Korean buyer YNCC forward as it sought t

Published 08 May, 2016 12:00am

US FOB Gulf soyabean premiums fall sharply

Soyabean export premiums fell sharply at the US Gulf Coast on Thursday, weighed down by ample supplies and seasonally slowing demand as cheaper and freshly harvested supplies were on offer in South America, traders said. Losses in soya differentials in th

Published 08 May, 2016 12:00am

Thai rice prices above nine-month high on new demand

Thai rice prices rose this week to their highest in more than nine months on fresh demand from Japan and Africa and thin domestic supply, while Vietnamese rice export prices stood unchanged, traders said on Wednesday. Thai 5-percent broken rice rose to $3

Published 08 May, 2016 12:00am

Vietnamese coffee prices rise to six-month high

Vietnamese robusta coffee prices rose to the highest in nearly six months on Thursday, boosted by gains in global robusta futures markets and thin domestic supply as farmers were holding back stocks, traders said. Thin foreign buying demand has added to t

Published 08 May, 2016 12:00am

Cotton

Oil cake market rates

The May vaida was up on the forward cottonseeds oilcake market on Saturday in the process of trading, dealers said. The May vaida closed at Rs 2046.70 and it opened with 20 paisa gain at Rs 2046.90 in morning session, they said. The July vaida settled at

Published 08 May, 2016 12:00am

Cotton

Cotton market: prices firm on modest trade

The rates were firm on the cotton market on Saturday in the process of modest trading, dealers said. The official spot rate did not show any change at Rs 5,650 dealers said. In the Punjab, prices showed no change at Rs 3100 and Rs 3400, they said. In the

Published 08 May, 2016 12:00am

Currency

European vegoils: palm oil firmer on weak ringgit

Palm oil on the European vegetable oils market was offered firmer on Wednesday on the back of a weak ringgit that sparked short-covering on hopes for improved exports. "A weak ringgit makes palm oil cheaper for foreign buyers, which caused Malaysian palm

Published 08 May, 2016 12:00am

Cotton

Upward trend seen on grain market

A rising trend was seen on the wholesale grain market on wholesale grain market on Saturday, dealers said. On the cereals side, Barley Sindh and Mardan gained Rs 150 to Rs 3150, other commodities maintained overnight levels, they said. On the rice sector,

Published 08 May, 2016 12:00am

CBOT wheat futures fall

US wheat futures fell 1.8 percent on Thursday to their lowest since mid-April on expectations for a robust crop in the US Plains, traders said. The Wheat Quality Council estimated the Kansas hard red winter harvest would rise to 382.4 million bushels from

Published 08 May, 2016 12:00am

Cotton

Chinese steel, iron ore futures fall sharply

Chinese steel and iron ore futures fell sharply for a third straight day and other commodities also slid on Thursday, giving up more froth after Chinese exchanges slapped curbs to quell speculation that spurred a buying frenzy last month. Mixed signals on

Published 08 May, 2016 12:00am

US Plains HRW wheat bids unchanged

Hard red winter wheat cash basis bids in the southern US Plains on Thursday held steady as futures moved lower, pressured by strong crop prospects for the US Plains, merchandisers said. Crop scouts on the final day of an annual tour of Kansas estimated th

Published 08 May, 2016 12:00am

Freight rates for large capesize dry cargo drift lower

Freight rates for large capesize dry cargo ships on key Asian routes are set to drift lower next week unless there is an uptick in chartering activity from major miners, ship brokers said on Thursday. "Unless there is a rush (by charterers) to the market

Published 08 May, 2016 12:00am

European wheat prices lower

European wheat prices were lower on Thursday, tracking a setback in Chicago futures as news that a US crop tour was projecting well above average yields in top growing state Kansas added to concerns about abundant supplies. New-crop September milling whea

Published 08 May, 2016 12:00am

Canadian canola futures fall

ICE Canadian canola futures fell on Thursday on spillover weakness from a 2 percent decline in US soybean futures. But declines were limited by concerns about dry weather limiting canola production this year. July canola dropped $1.80 to $499.70 per tonne

Published 08 May, 2016 12:00am

Brazil's 2016-2017 coffee output to jump 12 percent

Brazil's 2016/2017 coffee crop, which recently began early harvest, is forecast at 56.4 million bags, a 12 percent jump from last year due to more favorable rains earlier in the season, local crop analyst Safras e Mercado said on Monday. The harvest, if c

Published 08 May, 2016 12:00am

US natural gas futures fall three percent

US natural gas futures on Thursday fell 3 percent on a bigger-than-expected weekly storage build. Front-month gas futures for June delivery on the New York Mercantile Exchange lost 6.5 cents, or 3 percent, to settle at $2.08 per million British thermal un

Published 08 May, 2016 12:00am

China's corn planting area to fall for first time in 13 years

China has estimated the country's corn planting area will fall by more than a million hectares this year, the first drop in 13 years, as global grain markets brace for the fallout from Beijing's biggest agricultural reforms in nearly a decade. China said

Published 08 May, 2016 12:00am

Malaysian bondholders back 1MDB, despite default

Beleaguered 1Malaysia Development won some welcome respite last week after local investors said they would take no action on a cross default on M$7.4bn (US $1.89bn) of ringgit-denominated bonds. Market sources said major bondholders, holding about a quart

Published 08 May, 2016 12:00am

Malaysian bondholders back 1MDB, despite default

Beleaguered 1Malaysia Development won some welcome respite last week after local investors said they would take no action on a cross default on M$7.4bn (US $1.89bn) of ringgit-denominated bonds. Market sources said major bondholders, holding about a quart

Published 08 May, 2016 12:00am

Slower growth dominates picks at hedge fund conference

Against a backdrop of slower economic growth, prominent hedge fund managers, including Larry Robbins and Stanley Druckenmiller, said it will take longer for stocks to rise and laid out best ideas that markets barely reacted to. The remarks come as the hed

Published 08 May, 2016 12:00am

Slower growth dominates picks at hedge fund conference

Against a backdrop of slower economic growth, prominent hedge fund managers, including Larry Robbins and Stanley Druckenmiller, said it will take longer for stocks to rise and laid out best ideas that markets barely reacted to. The remarks come as the hed

Published 08 May, 2016 12:00am

US exchange ICE shelves plans for London bourse counter bid

The New York Stock Exchange's owner has shelved plans to make a counterbid for London Stock Exchange that could have derailed the British firm's planned merger with Deutsche Boerse. Intercontinental Exchange Inc's CEO Jeffrey Sprecher accused the LSE of f

Published 08 May, 2016 12:00am

Bosnian Serb region falls short of target at five-year bond sale

Bosnia's autonomous Serb Republic raised less than it had sought to help pay maturing debt in an auction of five-year bonds that ended on Thursday. The sale brought in 18.4 million Bosnian marka ($10.8 million) on Thursday, the second day of the auction,

Published 08 May, 2016 12:00am

Bosnian Serb region falls short of target at five-year bond sale

Bosnia's autonomous Serb Republic raised less than it had sought to help pay maturing debt in an auction of five-year bonds that ended on Thursday. The sale brought in 18.4 million Bosnian marka ($10.8 million) on Thursday, the second day of the auction,

Published 08 May, 2016 12:00am

Treasuries outlook: yields rise on signs of wage growth, Fed comments

US Treasury yields rose on Friday after April's US employment report showed signs of wage growth for American workers, an early sign that inflation may finally be strengthening, and a top Federal Reserve official said raising US interest rates twice this

Published 08 May, 2016 12:00am

Treasuries outlook: yields rise on signs of wage growth, Fed comments

US Treasury yields rose on Friday after April's US employment report showed signs of wage growth for American workers, an early sign that inflation may finally be strengthening, and a top Federal Reserve official said raising US interest rates twice this

Published 08 May, 2016 12:00am

Investors pull most money from US stock mutual funds this year

Mutual fund investors punished US-based stock funds with their seventh consecutive week of withdrawals and their largest outflows so far this year, Investment Company Institute (ICI) data showed on Wednesday. Stock funds based in the United States returne

Published 08 May, 2016 12:00am

Investors pull most money from US stock mutual funds this year

Mutual fund investors punished US-based stock funds with their seventh consecutive week of withdrawals and their largest outflows so far this year, Investment Company Institute (ICI) data showed on Wednesday. Stock funds based in the United States returne

Published 08 May, 2016 12:00am

TSX rises on higher gold and oil; ends lower for the week

Canada's main stock index rose on Friday as gold shares rallied after data tempered Federal Reserve rate hike expectations, while energy stocks also gained after oil prices turned higher. The most influential movers on the index included Barrick Gold Corp

Published 08 May, 2016 12:00am

Brevan Howard opens funds to fresh outside investors

Billionaire Alan Howard's hedge fund, Brevan Howard Asset Management, has opened two funds to additional outside investors, a source with direct knowledge of the matter told Reuters. A cash-raising drive for these funds, which will invest in stocks and bo

Published 08 May, 2016 12:00am

Brevan Howard opens funds to fresh outside investors

Billionaire Alan Howard's hedge fund, Brevan Howard Asset Management, has opened two funds to additional outside investors, a source with direct knowledge of the matter told Reuters. A cash-raising drive for these funds, which will invest in stocks and bo

Published 08 May, 2016 12:00am

Negative yielding bonds total near $10 trillion, Japan leads: Fitch

The sum of government bonds worldwide that carry negative yields was $9.9 trillion in late April, with Japan accounting for two-thirds of the total and the rest in Europe, Fitch Ratings said on Wednesday. Of that total on April 25, $6.8 trillion were in l

Published 08 May, 2016 12:00am

Negative yielding bonds total near $10 trillion, Japan leads: Fitch

The sum of government bonds worldwide that carry negative yields was $9.9 trillion in late April, with Japan accounting for two-thirds of the total and the rest in Europe, Fitch Ratings said on Wednesday. Of that total on April 25, $6.8 trillion were in l

Published 08 May, 2016 12:00am

Wall Street ends up after jobs report; S&P down for second week

US stocks rebounded from early losses to close higher on Friday as investors viewed the day's jobs data as less disappointing than first thought. Materials, industrials and discretionary shares were among the day's biggest gainers, with the S&P materials

Published 08 May, 2016 12:00am

Japan, France say sudden forex moves not desirable

Japanese Prime Minister Shinzo Abe and French President Francois Hollande agreed that sudden moves in foreign exchange rates were undesirable, media reports said, as the yen rose to 18-month highs against the dollar. The two leaders, after a meeting late

Published 08 May, 2016 12:00am

Currency

Daily spot FX volumes on EBS and Thomson Reuters drop in April

Daily spot trading volumes on currency trading platforms run by Thomson Reuters and ICAP fell in April, extending a downward trend seen in recent months, according to figures the companies published on Thursday. Spot currency trading volume on TR platform

Published 08 May, 2016 12:00am

Currency

African currencies week ahead: Kenya, Ghana currencies seen gaining, others steady

Kenya's shilling and Ghana's cedi were expected to strengthen next week, while several other currencies were likely to hold steady. But traders expected Zambia's kwacha to stay under pressure.

Published 08 May, 2016 12:00am

Latam forex outlook limited by Brazil's fiscal worries, Fed doubts

The outlook for Latin American currencies has improved further, a Reuters poll showed on Wednesday, but questions about the ability of Brazil's likely new government to plug a massive budget deficit stand in the way of future gains. The possibility of a r

Published 08 May, 2016 12:00am

Currency

Canadian dollar falls

The Canadian dollar weakened to a two-week low against its US counterpart on Friday as Canada's labour market stalled, while a raging wildfire in Alberta weighed on the country's economic outlook. Canada lost 2,100 jobs in April as the oil-rich province o

Published 08 May, 2016 12:00am

Currency

Dollar soars as Fed's Dudley offsets weak US jobs data

The dollar rose against a basket of currencies on Friday as a top Federal Reserve official's remarks convinced some investors that US interest rates could rise faster than expected even though April hiring data was weaker than forecast. New York Fed Presi

Published 08 May, 2016 12:00am

Currency

Ukraine axes mandatory conversion of foreign investments into hryvnia

Ukraine's central bank softened its foreign currency regulations on Thursday by removing a requirement that three-quarters of all money coming into the country as foreign investment be converted into the local hryvnia currency. The decision takes effect o

Published 08 May, 2016 12:00am

Currency

Speculators' bearish dollar bets hit highest since February 2013

Speculators increased bets against the US dollar for the third straight week, taking the most net dollar short bets this week since February 5, 2013, on expectations the US Federal Reserve would hold off on raising interest rates further this year. The va

Published 08 May, 2016 12:00am

Currency

Zimbabwe curbs imports, cash withdrawals

Zimbabwe's central bank set priorities for imports and imposed limits on cash withdrawals on Wednesday, in an effort to ease an acute shortage of money, as the IMF said the country's economic difficulties had worsened after a devastating drought. Hyperinf

Published 08 May, 2016 12:00am

Currency

Emerging market FX expected to hold ground after rally

Emerging market currencies are expected to remain above their record lows for the rest of 2016 after their recent rebound, a Reuters poll showed, another sign that a five-year rally in the US dollar had run its course. Thirty-nine of 53 currency strategis

Published 08 May, 2016 12:00am

Currency

Yuan, rupee forecast to weaken slightly over coming year

The outlook for major Asian currencies has stayed remarkably stable, according to a Reuters poll of strategists, despite the Japanese yen's explosive rally and with forecasts hinging on US central bank policy expectations. China's yuan is forecast to weak

Published 08 May, 2016 12:00am

Sales of new Ram pickup to begin by January 2018

Fiat Chrysler Automobiles next-generation Ram pickup truck will go on sale by January 2018, Chief Executive Officer Sergio Marchionne said on Friday. "We will be in market by January of '18," said Marchionne of the new version of FCA's top-selling vehicle

Published 08 May, 2016 12:00am

Currency

Mozambique's tuna fleet rusts as an African success story fades

The 24 fishing boats rusting in the harbour of Mozambique's capital were meant to be a modern tuna fleet that would rake in hard currency, create jobs and provide a cheap source of protein for one of the world's poorest countries. Instead, they have becom

Published 08 May, 2016 12:00am

Major oil firms issue force majeures on Canadian crude

Three major oil firms have warned they will not be able to deliver on some contracts for Canadian crude, a further sign that output cuts due to wildfires are curbing supplies from the Alberta oil sands region. British oil firm BP Plc said it had alerted c

Published 08 May, 2016 12:00am

South Africa says bringing finances under control after Moody's affirms rating

South Africa's Treasury said on Saturday it was bringing public finances under control despite recent "adverse political development" after Moody's affirmed the country's investment-grade credit rating but kept its negative outlook. In a statement, the Tr

Published 08 May, 2016 12:00am

South Africa says bringing finances under control after Moody's affirms rating

South Africa's Treasury said on Saturday it was bringing public finances under control despite recent "adverse political development" after Moody's affirmed the country's investment-grade credit rating but kept its negative outlook. In a statement, the Tr

Published 08 May, 2016 12:00am

Kuwait's Burgan Bank Q1 net profit falls

Burgan Bank reported a 18.5 percent fall in first-quarter net profit on Saturday, according to Reuters calculations, as Kuwait's third-largest lender by assets secured less income from foreign exchange. A unit of Kuwait Projects Co (KIPCO), Burgan made a

Published 08 May, 2016 12:00am

Kuwait's Burgan Bank Q1 net profit falls

Burgan Bank reported a 18.5 percent fall in first-quarter net profit on Saturday, according to Reuters calculations, as Kuwait's third-largest lender by assets secured less income from foreign exchange. A unit of Kuwait Projects Co (KIPCO), Burgan made a

Published 08 May, 2016 12:00am

German Vice Chancellor urges debt relief for Greece

German Vice Chancellor Sigmar Gabriel urged euro zone finance ministers to start talks on debt relief for Greece, saying it made no sense to crush the green shoots of economic recovery with further austerity measures. The finance ministers of the euro zon

Published 08 May, 2016 12:00am

Spain's Rajoy asks Brussels to forgo deficit fine

Spain's acting prime minister Mariano Rajoy has asked Brussels to waive a fine that could be imposed on the country for missing its deficit target in 2015, El Pais newspaper reported on Saturday. Citing a letter sent to European Commission President Jean-

Published 08 May, 2016 12:00am

Bank of America overhauling mutual fund offerings

Bank of America will provide research coverage on all of its mutual fund offerings, a move that will require it to get rid of some underperforming and unpopular funds, a company spokesman said on Friday. Bank of America offers over 3,500 mutual funds to i

Published 08 May, 2016 12:00am

Bank of America overhauling mutual fund offerings

Bank of America will provide research coverage on all of its mutual fund offerings, a move that will require it to get rid of some underperforming and unpopular funds, a company spokesman said on Friday. Bank of America offers over 3,500 mutual funds to i

Published 08 May, 2016 12:00am

Berkshire discloses unit's ties to Iran, opens probe

Warren Buffett's Berkshire Hathaway Inc said on Friday it recently learned that one of its foreign units made sales through a third-party distributor to customers in Iran, despite US sanctions against that country. In its quarterly report filed with the U

Published 08 May, 2016 12:00am

Currency

China's April FX reserves rise to $3.22 trillion

China's foreign exchange reserves rose in April to $3.22 trillion, central bank data showed on Saturday, marking a second monthly rise this year and suggesting the central bank is easing off its interventions as capital outflows ease. Economists surveyed

Published 08 May, 2016 12:00am

Sunderland stun Chelsea

Sunderland climbed out of the Premier League relegation zone by coming from behind to beat Chelsea 3-2 on Saturday as Leicester City got ready to celebrate their stunning title success. The Black Cats were 2-1 down at home to Chelsea, last season's champi

Published 08 May, 2016 12:00am

South Korea's Ryu grabs LPGA lead

South Korea's Ryu So-Yeon had seven birdies and no bogeys in a seven-under 65 on Friday to seize a two-shot lead in the LPGA Classic at Prattville, Alabama. At nine-under par 135, Ryu led Australian Minjee Lee and Americans Ryann O'Toole and Morgan Presse

Published 08 May, 2016 12:00am

Mathews hopes to gain from Jayawardene's England knowledge

Sri Lanka captain Angelo Mathews hopes to utilise Mahela Jayawardene's inside knowledge of the England set-up when the two teams meet in a Test series later this month. Jayawardene, one of Sri Lanka's greatest batsman but retired from international cricke

Published 08 May, 2016 12:00am

Russia dismisses Sochi Games doping claims

Russia's sports minister on Saturday dismissed claims that four Russian gold medallists at the 2014 Sochi Winter Olympics were drug cheats. The allegations - the latest in a string of doping accusations to rock Russian sport - are made by whistleblower Vi

Published 08 May, 2016 12:00am

Simona Halep wins WTA Madrid Open

Romania's Simona Halep sealed her first title in 14 months with a 6-2, 6-4 win over Dominika Cibulkova to claim the Madrid Open on Saturday. Halep stormed through the first set in half an hour and needed just one break in the first game of the second to w

Published 08 May, 2016 12:00am

Bayern Munich secure record fourth straight Bundesliga title

Bayern Munich secured a record fourth consecutive Bundesliga title with a game to spare on Saturday after a 2-1 victory at Ingolstadt helped them put the disappointment of their midweek Champions League semi-final exit behind them. The Bavarians made sure

Published 08 May, 2016 12:00am

Wapda's Farhan lifts FMC Squash title

Farhan Mehboob of Wapda trounced younger brother Waqar Mehboob of ZTBL to clinch the 4th FMC International Squash Championship 2016 title here at the Punjab Squash Complex on Saturday. The final clash proved to be a one-sided affair as elder brother Farha

Published 08 May, 2016 12:00am

Murray downs Nadal to reach Madrid Masters final

Defending champion Andy Murray registered just his second ever win over Rafael Nadal on clay to reach the Madrid Masters final 7-5, 6-4 on Saturday. Murray also beat Nadal on home soil to win his first ever Masters event on clay in Madrid last year. The S

Published 08 May, 2016 12:00am

Romanian Cup final postponed after Ekeng's death

The Romanian Cup final has been put back a week following the death of Cameroon international Patrick Ekeng during a league match, the Romanian Football Federation announced Saturday. Ekeng, 26, died after collapsing on the pitch while playing a first div

Published 08 May, 2016 12:00am

Pakistan's England tour to be first test of Mickey Arthur

While Pakistan cricket team is scheduled to undertake tour of England in July this year, there are hopes with the newly appointed head coach Mickey Arthur and this tour would be his first test. The former cricketers have expressed the hope that Mickey Art

Published 08 May, 2016 12:00am

Gas connections: textile millers welcome removal of moratorium

The Punjab-based textile millers have taken a sigh of relief over the lifting of moratorium on new gas connections. The Federal Minister for Petroleum and Natural Resources, Shahid Khaqan Abbasi had informed the NA standing committee on Petroleum and Natu

Published 08 May, 2016 12:00am

Over 100,000 books sold at PU book fair

Pakistan's largest three-day book fair organized by Punjab University administration concluded here on Saturday at New Campus. According to organizers, over one hundred thousand books were sold during the first two days. On the last day, Minister Educatio

Published 08 May, 2016 12:00am

Press Freedom Day: government urged to ensure safety of journalists

Speakers at a seminar or Saturday urged upon the government to ensure safety of journalists in the country as the community is becoming vulnerable due to growing lack of tolerance in society. The seminar "Safety of Journalists and Combating Impunity" in c

Published 08 May, 2016 12:00am

Cotton

FBR to deduct Rs 50 billion from textile refunds

Federal Board of Revenue will deduct Rs 50 billion from the refunds of textile mills which was collected from the ginners at the rate of one percent and they did not deposit it in national funds, said FBR Inland Revenue member (operation) Dr Muhammad Irsh

Published 08 May, 2016 12:00am

KKKU approves establishment of Chinese language, culture centre

The syndicate meeting of Khushal Khan Khattak University Karak approved the establishment of Khushal centre for Chinese language and culture and decided to launch a new department of Material Physics and Nino Technology from the next semester. The meeting

Published 08 May, 2016 12:00am

Dr Asim: hearing adjourned till May 13

Accountability court (AC) on Saturday adjourned hearing of case regarding Rs 17 billions embezzlement against former federal petroleum minister Dr Asim Hussain till May 13. Dr Asim, Yousaf Ansari, Basharat Mirza, Naveed Mukhtar and others accused in the c

Published 08 May, 2016 12:00am

FWO to construct southern loop of Lahore Ring Road

The Punjab government has awarded contract of construction of southern loop of Lahore Ring Road to Frontier Works Organization (FWO) here on Saturday. Commissioner Lahore Division and Chairperson Lahore Ring Road Authority, Abdullah Khan Sumbal has said t

Published 08 May, 2016 12:00am

APBF underscores need for bringing agriculture income into tax net

The All Pakistan Business Forum has recommended the broadening of tax base through appropriate legislation to ensure that all income earners pay taxes equitably, including agriculture income. The Forum President Ibrahim Qureshi said that culture of amnest

Published 08 May, 2016 12:00am

APBF underscores need for bringing agriculture income into tax net

The All Pakistan Business Forum has recommended the broadening of tax base through appropriate legislation to ensure that all income earners pay taxes equitably, including agriculture income. The Forum President Ibrahim Qureshi said that culture of amnest

Published 08 May, 2016 12:00am

'Government should take steps towards improving ties with Afghanistan'

Chairman of Qaumi Watan Party, Aftab Ahmad Khan Sherpao urged the government to take practical steps to strengthen cordial and sustainable relations between Pakistan and Afghanistan. Sherpao said this while speaking at inaugural ceremony of various develo

Published 08 May, 2016 12:00am

Survey teams to collect estimates of losses in Waziristan

The political administration of South Waziristan Agency and Pakistan Army has announced dispatching joint survey teams to Makeen and Kaniguram areas to collect estimates of losses and their compensation with immediate effect. Survey teams to these areas w

Published 08 May, 2016 12:00am

Number of meetings of NSC declined to one in 2014-15: Pildat

The number of meetings of the National Security Committee (NSC) held to address the security threats in the country has declined from three in 2013-14 to only one meeting in 2014-15. Recently launched Pildat's core card' on the "Federal Government of Paki

Published 08 May, 2016 12:00am

Currency	Rate
USD PKR Interbank Selling / Sep 20	277.90
USD PKR Interbank Buying / Sep 20	277.70
USD to Japanese Yen / Sep 20	143.85
USD to Swiss Franc / Sep 20	0.85
Pound Sterling to USD / Sep 20	1.33
Euro to USD / Sep 20	1.12

Stock	Volume
S&P 500 / Sep 20	5,702.55
India Sensex / Sep 20	83,184.80
Tokyo Nikkei / Sep 20	37,723.91
Nasdaq / Sep 20	17,948.32
Hang Seng / Sep 20	18,258.57
FTSE 100 / Sep 20	8,229.99
Dow Jones / Sep 20	42,063.36
Germany DAX 30 / Sep 20	18,720.01

Item	Value
Crude Oil USD/Barrel / Sep 20	71.92
Gold Spot USD/Ounce / Sep 20	2,621.88
Cotton US¢/pound / Sep 20	73.52
Karachi Cotton PKR/37.32 KG / Sep 21	18,935
Gold 10 Grams PKR / Sep 21	233,625
Petrol/Litre / Sep 23	249.10

Stock	Price
786 Invest Ltd / Sep 23 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Sep 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 23 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Sep 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Sep 23 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Sep 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Sep 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Sep 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Sep 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Sep 23 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Sep 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Sep 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Sep 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Sep 23 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Sep 23 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Sep 23 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Sep 23 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Sep 23 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Sep 23 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Sep 23 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Sep 23 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Sep 23 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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