News Archives for Print - 2016-06-14

JLI CAPITAL GROWTH TAKAFUL FUND

JLI Capital Growth Takaful Fund Rates on Monday (June 12, 2016).

Published 14 Jun, 2016 12:00am

BRIndex30 sheds 51.86 points

On Monday, BRIndex30 opened at 22,300.66 points. It touched an intraday high of 22,304.03 points and an intraday low of 21,969.87 points and closed at 22,248.80 points which was -51.86 points or -0.23 percent lower than previous close. Total volume was 10

Published 14 Jun, 2016 12:00am

JLI CAPITAL GROWTH TAKAFUL FUND

JLI Capital Growth Takaful Fund Rates on Monday (June 12, 2016).

Published 14 Jun, 2016 12:00am

Equities retreat

With all eyes on Pakistan''s likely upgradation to MSCI emerging market status, Monday saw the volatile equities settling in the green. Moving both ways in the intraday trade, the benchmark KSE-100 index ended 39 points higher at 36,980 compared to 36,941

Published 14 Jun, 2016 12:00am

JLI CAPITAL GROWTH TAKAFUL FUND

JLI Capital Growth Takaful Fund Rates on Monday (June 12, 2016).

Published 14 Jun, 2016 12:00am

Equities retreat

With all eyes on Pakistan's likely upgradation to MSCI emerging market status, Monday saw the volatile equities settling in the green. Moving both ways in the intraday trade, the benchmark KSE-100 index ended 39 points higher at 36,980 compared to 36,941

Published 14 Jun, 2016 12:00am

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Monday (June 12, 2016).

Published 14 Jun, 2016 12:00am

Equities retreat

With all eyes on Pakistan's likely upgradation to MSCI emerging market status, Monday saw the volatile equities settling in the green. Moving both ways in the intraday trade, the benchmark KSE-100 index ended 39 points higher at 36,980 compared to 36,941

Published 14 Jun, 2016 12:00am

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Monday (June 12, 2016).

Published 14 Jun, 2016 12:00am

Angoor Adda checkpost not given to Afghanistan: Aizaz

Foreign Secretary Aizaz Chaudhry said on Monday that Pakistan has not handed over the Angoor Adda checkpost to Afghanistan. Clarifying the situation, Foreign Secretary further explained before a joint meeting of Senate Standing Committee on Defence and Fo

Published 14 Jun, 2016 12:00am

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Monday (June 12, 2016).

Published 14 Jun, 2016 12:00am

Angoor Adda checkpost not given to Afghanistan: Aizaz

Foreign Secretary Aizaz Chaudhry said on Monday that Pakistan has not handed over the Angoor Adda checkpost to Afghanistan. Clarifying the situation, Foreign Secretary further explained before a joint meeting of Senate Standing Committee on Defence and Fo

Published 14 Jun, 2016 12:00am

JLI YAQEEN GROWTH FUND RATES

JLI Yaqeen Growth Fund Rates on Monday (June 12, 2016).

Published 14 Jun, 2016 12:00am

Rs 550 billion ADP announced

The Punjab government has announced a Rs 550 billion Annual Development Programme (ADP) for the fiscal year 2016-17. The social sector has received the highest priority (31 percent) followed by physical infrastructure. Having achieved the critical mass of

Published 14 Jun, 2016 12:00am

JLI YAQEEN GROWTH FUND RATES

JLI Yaqeen Growth Fund Rates on Monday (June 12, 2016).

Published 14 Jun, 2016 12:00am

Rs 550 billion ADP announced

The Punjab government has announced a Rs 550 billion Annual Development Programme (ADP) for the fiscal year 2016-17. The social sector has received the highest priority (31 percent) followed by physical infrastructure. Having achieved the critical mass of

Published 14 Jun, 2016 12:00am

JLI YAQEEN GROWTH FUND RATES

JLI Yaqeen Growth Fund Rates on Monday (June 12, 2016).

Published 14 Jun, 2016 12:00am

Rs 550 billion ADP announced

The Punjab government has announced a Rs 550 billion Annual Development Programme (ADP) for the fiscal year 2016-17. The social sector has received the highest priority (31 percent) followed by physical infrastructure. Having achieved the critical mass of

Published 14 Jun, 2016 12:00am

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (June 12, 2016).

Published 14 Jun, 2016 12:00am

Rs 550 billion ADP announced

The Punjab government has announced a Rs 550 billion Annual Development Programme (ADP) for the fiscal year 2016-17. The social sector has received the highest priority (31 percent) followed by physical infrastructure. Having achieved the critical mass of

Published 14 Jun, 2016 12:00am

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (June 12, 2016).

Published 14 Jun, 2016 12:00am

By focusing on social sector, PML-N government eyes next election: Rs 1.68 trillion Punjab budget announced

The Punjab government on Monday presented a development-oriented budget with a total outlay of Rs 1681.41billion for fiscal year 2016-17. This is the fourth budget of 16th Punjab Assembly chaired by Speaker Rana Muhammad Iqbal and presented by Finance Min

Published 14 Jun, 2016 12:00am

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (June 12, 2016).

Published 14 Jun, 2016 12:00am

By focusing on social sector, PML-N government eyes next election: Rs 1.68 trillion Punjab budget announced

The Punjab government on Monday presented a development-oriented budget with a total outlay of Rs 1681.41billion for fiscal year 2016-17. This is the fourth budget of 16th Punjab Assembly chaired by Speaker Rana Muhammad Iqbal and presented by Finance Min

Published 14 Jun, 2016 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Monday (June 12, 2016).

Published 14 Jun, 2016 12:00am

By focusing on social sector, PML-N government eyes next election: Rs 1.68 trillion Punjab budget announced

The Punjab government on Monday presented a development-oriented budget with a total outlay of Rs 1681.41billion for fiscal year 2016-17. This is the fourth budget of 16th Punjab Assembly chaired by Speaker Rana Muhammad Iqbal and presented by Finance Min

Published 14 Jun, 2016 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Monday (June 12, 2016).

Published 14 Jun, 2016 12:00am

By focusing on social sector, PML-N government eyes next election: Rs 1.68 trillion Punjab budget announced

The Punjab government on Monday presented a development-oriented budget with a total outlay of Rs 1681.41billion for fiscal year 2016-17. This is the fourth budget of 16th Punjab Assembly chaired by Speaker Rana Muhammad Iqbal and presented by Finance Min

Published 14 Jun, 2016 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Monday (June 12, 2016).

Published 14 Jun, 2016 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Monday (June 12, 2016).

Published 14 Jun, 2016 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Monday (June 12, 2016).

Published 14 Jun, 2016 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Monday (June 12, 2016).

Published 14 Jun, 2016 12:00am

Currency

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Monday (June 12, 2016).

Published 14 Jun, 2016 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (June 12, 2016).

Published 14 Jun, 2016 12:00am

Currency

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (June 12, 2016).

Published 14 Jun, 2016 12:00am

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 Monday (June 12, 2016).

Published 14 Jun, 2016 12:00am

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 Monday (June 12, 2016).

Published 14 Jun, 2016 12:00am

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 Monday (June 12, 2016).

Published 14 Jun, 2016 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Monday (June 12, 2016).

Published 14 Jun, 2016 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Monday (June 12, 2016).

Published 14 Jun, 2016 12:00am

Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Monday (June 12, 2016).

Published 14 Jun, 2016 12:00am

Currency

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Monday (June 12, 2016).

Published 14 Jun, 2016 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Monday (June 12, 2016).

Published 14 Jun, 2016 12:00am

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 14 Jun, 2016 12:00am

Currency

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 14 Jun, 2016 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 14 Jun, 2016 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 14 Jun, 2016 12:00am

Aaj TV - Tuesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 14 Jun, 2016 12:00am

Message from FPCCI PRESIDENT

PCMA is an association comprising honest and dedicated entrepreneur people and it is the matter of incredible joy for me to backing such association for the improvement of chemical industry of Pakistan. PCMA is framed to determine the issues in chemical i

Published 14 Jun, 2016 12:00am

Message from Senior Vice Chairman (PCMA), VP Polyester & Soda Ash at ICI Pakistan Limited

As SVP of PCMA, I feel truly pleased to be the part of an association that with a more extensive vision is prepared to assume a noteworthy part in chemical industry of Pakistan. Chemical industry is a noteworthy supporter to the world's economy where the

Published 14 Jun, 2016 12:00am

Message from Vice Chairman (PCMA), CEO -SRC (Pvt) Limited

Pakistan is confronting numerous issues in chemical industry and this is the best time to make a stride towards the progression and PCMA is precisely that one step we required. We need new investment and augmenting Research and Development in Pakistani ch

Published 14 Jun, 2016 12:00am

Message from Chairman Pakistan Chemical Manufacturers' Association, Sitara Chemical Industries Limited

I, Mian Muhammad Adrees (Chairman PCMA), take immense pride and pleasure to inform you regarding the establishment of Pakistan Chemical Manufacturer Association (PCMA), this introductory communication will share PCMA's vision and will briefly touch upon t

Published 14 Jun, 2016 12:00am

PCMA: A KEY SOLUTION TO CHEMICAL INDUSTRY OF PAKISTAN

On May 10, 2016, PCMA organised an all Pakistan get-together of Chemical Manufacturers at PC Lahore where in more that 70 CEOs/representatives of chemical companies participated. The slogan shared in the event was LARGEST INDUSTRIAL SECTOR OF PAKISTAN- R

Published 14 Jun, 2016 12:00am

Pakistan's Chemical Industry is Ready for the Challenge.

INTRODUCTION: PCMA came into being in August 2015 after lots of deliberation and hard work of its Hon'ble founder members with its head office at Lahore while its associated office established in Karachi.

Published 14 Jun, 2016 12:00am

Bestway Cement Limited - the largest cement manufacturer in Pakistan

Bestway Cement Limited is one of the largest companies of Pakistan by market capitalisation, listed on PSX formerly KSE) since 2001.

Published 14 Jun, 2016 12:00am

Dewan Cement Limited

The Company: The Group's entry into the cement sector came through the acquisition of Pakland Cement Limited, Karachi and Saadi Cement Limited, Hattar on May 17, 2004. The two entities were amalgamated to form Dewan Cement Ltd.

Published 14 Jun, 2016 12:00am

Thatta Cement Company Limited

Company Profile: Thatta Cement Company Limited is a leading Pakistani cement manufacturer with a range of specialist products to its name, for use in various challenging environmental situations.

Published 14 Jun, 2016 12:00am

Lucky Cement Limited

Lucky Cement Limited (LUCK: psx) isone of Pakistan's largest producers and leading exporter of quality cement with the production capacity of 7.75 million tons per annum. The Company is listed on Pakistan and London Stock Exchanges.

Published 14 Jun, 2016 12:00am

Cement Industry in Pakistan

Cement is a strap used to connect the world through roads, highways, motorways and runways. It is a common construction material that is blended with other materials to build and upgrade the physical infrastructure to make modern life possible and is very

Published 14 Jun, 2016 12:00am

Importance of Cement Industry in Infrastructure Development of Pakistan

Infrastructure is a backbone of social-economic development of any country and its institutions. A nation can not be self reliant unless it evolves a large scale infrastructure network. The construction industry is very important for country's economic gr

Published 14 Jun, 2016 12:00am

'Pakistan's cement sector is aggressively exploring more and more export markets'

Q: What role does APCMA play currently in representing the cement sector and what is your vision?

Published 14 Jun, 2016 12:00am

Tripartite Labour Convention with a Difference

It was a red letter day in the history of industrial relations in Pakistan when a National Industrial Relations and Provincial Tripartite Labour Convention was organizedon 19th and 20th May 2016 by Employers' Federation of Pakistan in collaboration with t

Published 14 Jun, 2016 12:00am

Profile of Employers' Federation of Pakistan

Established in the year 1950, a company incorporated under the Companies Ordinance 1984, the Employers Federation of Pakistan is the only body of employers in Pakistan which is a member of International Organisation of Employers (IOE) based in Genevaaffil

Published 14 Jun, 2016 12:00am

Draft proposal on policy guidelines to combat labour market implications of climate change

WHEREAS: The recurrent disaster since 2005 has inflicted huge human and financial losses to communities in Pakistan with a minimum monetized value of losing to agriculture and livestock totalling plus 7 billion dollars only in the Province of Sindh.

Published 14 Jun, 2016 12:00am

Draft Proposal on labour policy guidelines by the approve National Industrial Relations and Provincial Tripartite Labour Convention.

An employment, productivity, and welfare oriented labour policy should be drawn at the federal/ Provincial level with consensus of stakeholders and uniformly implemented at the federal/ provincial levels through legislation to address, among others the

Published 14 Jun, 2016 12:00am

Message from Vice President, EFP

It was on 14th January, 2009 when the Employers' Federation of Pakistan (EFP) in collaboration with the International Labour Organisation (ILO) took the initiative of convening the first National Industrial Relations Conference with the theme of 'Making I

Published 14 Jun, 2016 12:00am

Message from President, EFP

I, on my own behalf and on behalf of the Employers' Federation of Pakistan, feel it my distinct privilege to inform that the first ever Event after the devolution of labour to provinces in the form of this National Industrial Relations and Provincial Trip

Published 14 Jun, 2016 12:00am

Daily trading report of PMEX

On Friday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 5,648 million and the number of lots traded was 12,166. PMEX Commodity Index closed at 2,889. Major business was contributed by gold amounting to PKR 2,413 million followed by currenc

Published 14 Jun, 2016 12:00am

Asia's gasoil crack holds firm

Asia's gasoil crack for the benchmark 500ppm grade remained on Friday near the $12 a barrel mark it has occupied for over two weeks versus an average of $9.8 for the first half of May, giving most refiners the incentive to run at high rates, traders said.

Published 14 Jun, 2016 12:00am

US FOB Gulf soyabean premiums hold steady

Export premiums for soyabeans shipped from the US Gulf Coast held steady on Friday on solid demand from overseas buyers for near term cargoes and post-harvest shipments amid high prices for South American soyabeans, traders said.

Published 14 Jun, 2016 12:00am

EU wheat prices fall after bearish USDA report

European wheat prices fell on Friday after the US Department of Agriculture (USDA) raised its forecast for global wheat production in 2016/17. September milling wheat on the Paris-based Euronext exchange ended 2.50 euros lower at 168.50 euros a tonne.

Published 14 Jun, 2016 12:00am

Activity at Karachi & Qasim ports

The Karachi Port handled 135,772 tonnes of cargo comprising 110,346 tonnes of import cargo and 25,426 tonnes of export cargo including 6,153 loaded and empty containers during the last 48 hours ending at 0700 hours on Monday. The total import cargo of 110

Published 14 Jun, 2016 12:00am

US Plains HRW wheat bids weaker

Spot basis bids for hard red winter wheat in the southern US Plains were steady to weak on Friday, partly reflecting sales led by the steep drop in futures prices, merchants said. K.C. July HRW wheat sank to a one-week low, hit by profit-taking following

Published 14 Jun, 2016 12:00am

US Midwest corn, soya bids mostly steady

Spot basis for corn and soyabean bids around the US Midwest were generally steady on Friday as farmers and futures traders digested the government's monthly crop report issued at midday, said dealers. Chicago Board of trade corn settled down slightly on p

Published 14 Jun, 2016 12:00am

Canadian canola futures mixed

ICE Canadian canola futures traded mixed on Friday, registering a weekly gain in the nearby contract. Support for canola came from a tightening of US soyabean supplies, measured by a US government report, and a weaker Canadian dollar. US Department of Agr

Published 14 Jun, 2016 12:00am

Indian soyabean rises on delay in monsoon

Indian soyabean futures gained on Monday after a delay in the arrival of monsoon rains in key soyabean growing areas raised expectations of lower output, traders said. The July soyabean contract on the National Commodity & Derivatives Exchange rose 2.77 p

Published 14 Jun, 2016 12:00am

Low activity seen on grain market

Some changes were seen on the wholesale grain market on Monday as most of the leading buyers kept on the sidelines on lack of fresh leads, dealers said. On the cereals side, Moong Punjab and Afghan gained Rs 1000 to Rs 10000 and Rs 10500, wheat new Bardan

Published 14 Jun, 2016 12:00am

Abundant rains help Ivory Coast cocoa mid-crop

Abundant rains and sun last week in Ivory Coast's cocoa growing regions helped many flowers turn into small pods at the end of the April-to-September mid-crop, farmers said on Monday. The rains were largely welcome for farmers in the world's top cocoa pro

Published 14 Jun, 2016 12:00am

Asian naphtha crack rises to 3-session high

Asia's naphtha crack extended gains to reach a three-session high of $45.68 a tonne after hitting a 17-month low on June 7 as heavy supplies dragged. Demand for naphtha from South Korea, however, has been healthy, with Lotte Chemical buying naphtha for ar

Published 14 Jun, 2016 12:00am

US natural gas futures curve unusually flip

US natural gas futures' forward curve unusually flipped into backwardation this week as prices for next year were boosted by concerns over a sharp increase in demand and the first anticipated fall in production in over a decade. The forward curve for gas

Published 14 Jun, 2016 12:00am

Cotton

Oil cake market rates

The July was unchanged on the forward cottonseeds oilcake market on Monday in the process of trading, dealers said. The July vaida settled at Rs 2049.80 on Saturday and it commenced at the same level in wee hours, they added.

Published 14 Jun, 2016 12:00am

Cotton

Cotton market: Volume of business improves on slow supply

Trade activity improved on the cotton market on Monday despite slow supply of seed cotton, dealers said. The official spot rate was unchanged at Rs 5,500, dealers said. In Sindh, low type of seed cotton price rose by Rs 100 to Rs 3000 and better quality w

Published 14 Jun, 2016 12:00am

British fans get prison for Euro 2016 violence

A French court on Monday jailed two British men for their role in the Marseille fan battles before the England-Russia Euro 2016 match. Ian Hepworth, a 41-year-old psychiatric nurse was sentenced to three months in prison. Alexander Booth, a 20-year-old ch

Published 14 Jun, 2016 12:00am

Schweinsteiger is back as Germany start with win

Bastian Schweinsteiger had time for three touches of the ball and scored with one as world champions Germany started their European Championship campaign with a 2-0 win over Ukraine. The 31-year-old Manchester United midfielder came on in the 90th minute

Published 14 Jun, 2016 12:00am

Pique's late header gives Spain win over Czechs

Reigning champions Spain left it late but Gerard Pique's 87th-minute header earned them a deserved 1-0 victory over a dogged Czech Republic in their Euro 2016 Group D opener on Monday. Pique headed in Andres Iniesta's "incredible" cross to give Czech goal

Published 14 Jun, 2016 12:00am

Double-digit Asia growth drives record arms sales: study

A buying spree in the Asia-Pacific region propelled double-digit growth in the global arms market last year to a record $65 billion (57.7 billion euros), defence analysts IHS Jane's said Monday. Defence imports by Asia-Pacific nations soared 71 percent in

Published 14 Jun, 2016 12:00am

Airbus finalises deal to build helicopter plant in China

Airbus Helicopters , the world's largest supplier of commercial helicopters, finalised an agreement on Monday to build an assembly line in China as part of a deal to sell 100 H135 helicopters to a local consortium. The helicopter sale is worth 700 million

Published 14 Jun, 2016 12:00am

Microsoft buys professional network LinkedIn for $26 billion

Microsoft said Monday it was buying the professional social network LinkedIn for $26.2 billion in cash, a move that helps refocus the US tech giant around cloud computing and services. With its biggest-ever acquisition and one of the largest in the tech s

Published 14 Jun, 2016 12:00am

Striking Swedish pilots ground majority of SAS flights

Scandinavian airline SAS cancelled Monday a majority of its Swedish and European flights after pilots rejected an improved pay offer and their strike pushed into a fourth day. SAS said some 230 flights and 27,000 passengers would be affected by Monday's a

Published 14 Jun, 2016 12:00am

Opec says oil glut to ease

Opec said Monday a supply glut in the world's oil market is likely to shrink further, leading to a more balanced market by the end of the year. "The excess supply in the market is likely to ease over the coming quarters," the Organisation of the Petroleum

Published 14 Jun, 2016 12:00am

Eurozone banks face added scrutiny if 'guidance' not followed

Eurozone banks may face added scrutiny and supervisory measures if they do not follow non-mandatory guidance on their capital levels, Daniele Nouy, the European Central Bank's top supervisor said on Monday. While overall capital requirements may not rise

Published 14 Jun, 2016 12:00am

India inflation increases in May on higher food prices

India's consumer prices rose faster than expected in May due to higher food prices, official figures showed Monday, which will likely hold off an increase in interest rates. The inflation rate increased by 5.76 percent from a year earlier, substantially h

Published 14 Jun, 2016 12:00am

ECB says bought 348 million euros in corporate bonds

The European Central Bank said Monday it bought 348 million euros ($393 million) worth of corporate bonds on the first day of including company debt in its extended asset purchase programme known as QE or quantitative easing. The ECB recently decided to e

Published 14 Jun, 2016 12:00am

ECB says bought 348 million euros in corporate bonds

The European Central Bank said Monday it bought 348 million euros ($393 million) worth of corporate bonds on the first day of including company debt in its extended asset purchase programme known as QE or quantitative easing. The ECB recently decided to e

Published 14 Jun, 2016 12:00am

Fitch cuts outlook on Japan over sales-tax delay

Fitch on Monday cut its outlook for Japan, citing Tokyo's decision to postpone a sales tax hike seen as critical to paying down one of the world's biggest national debts. The company said it was changing its view to negative from stable but left Japan's "

Published 14 Jun, 2016 12:00am

Fitch cuts outlook on Japan over sales-tax delay

Fitch on Monday cut its outlook for Japan, citing Tokyo's decision to postpone a sales tax hike seen as critical to paying down one of the world's biggest national debts. The company said it was changing its view to negative from stable but left Japan's "

Published 14 Jun, 2016 12:00am

China auto sales increase in May

Car sales in China, the world's top auto market, increased at a faster pace in May than the previous month, an industry group reported Monday, despite continued woes in the country's economy. A total of 2.09 million vehicles were sold in China last month,

Published 14 Jun, 2016 12:00am

Goldman Sachs legal battle with Libya wealth fund opens in UK

Goldman Sachs exploited inexperienced staff at Libya's sovereign wealth fund to clinch "inappropriate" deals which cost the fund $1.2 billion (1.5 billion euros), lawyers claimed at London's High Court Monday. The high-profile trial promises a rare glimps

Published 14 Jun, 2016 12:00am

Goldman Sachs legal battle with Libya wealth fund opens in UK

Goldman Sachs exploited inexperienced staff at Libya's sovereign wealth fund to clinch "inappropriate" deals which cost the fund $1.2 billion (1.5 billion euros), lawyers claimed at London's High Court Monday. The high-profile trial promises a rare glimps

Published 14 Jun, 2016 12:00am

China's investment growth slows, bucking signs of stabilisation

China's fixed asset investment, an important gauge of infrastructure spending, slowed to its weakest pace in 16 years, government statistics showed Monday, a worrying trend despite other signs of economic stabilisation in the Asian giant. The moderation c

Published 14 Jun, 2016 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Cotton US¢/pound / Nov 23	70.77
Petrol/Litre / Nov 24	248.38

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 24 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 24 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 24 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 24 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 24 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 24 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 24 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 24 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 24 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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