News Archives for Print - 2016-07-05

Assisting Chitralis: PDMA directed to utilise all resources

On the directives of the Chief Minister Pervez Khattak the Provincial Disaster Management Authority (PDMA) has been directed to utilise all of its resources to assist the flood affectees of Chitral.

Published 05 Jul, 2016 12:00am

PLTL signs LNG O&SA to set up second terminal

State-owned Pakistan LNG Terminals Limited (PLTL) has signed an LNG Operations and Services Agreement (O&SA) to establish the country's second LNG import terminal at the lowest tolling tariff in South Asia, well-informed sources in Petroleum Ministry told

Published 05 Jul, 2016 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Monday (July 04, 2016).

Published 05 Jul, 2016 12:00am

PLTL signs LNG O&SA to set up second terminal

State-owned Pakistan LNG Terminals Limited (PLTL) has signed an LNG Operations and Services Agreement (O&SA) to establish the country's second LNG import terminal at the lowest tolling tariff in South Asia, well-informed sources in Petroleum Ministry told

Published 05 Jul, 2016 12:00am

Shipping Intelligence

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

Published 05 Jul, 2016 12:00am

PLTL signs LNG O&SA to set up second terminal

State-owned Pakistan LNG Terminals Limited (PLTL) has signed an LNG Operations and Services Agreement (O&SA) to establish the country''s second LNG import terminal at the lowest tolling tariff in South Asia, well-informed sources in Petroleum Ministry tol

Published 05 Jul, 2016 12:00am

Shipping Intelligence

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

Published 05 Jul, 2016 12:00am

Kidnapping of Owais Shah: Supreme Court orders government to remove SSP

The Supreme Court on Monday ordered the provincial government to dismiss SSP South Karachi Farooq Ahmad in relation to Owais Shah's kidnapping case.

Published 05 Jul, 2016 12:00am

Pakistan Economic Indicators

Pakistan Economic Indicators - July 4, 2016.

Published 05 Jul, 2016 12:00am

Kidnapping of Owais Shah: Supreme Court orders government to remove SSP

The Supreme Court on Monday ordered the provincial government to dismiss SSP South Karachi Farooq Ahmad in relation to Owais Shah's kidnapping case.

Published 05 Jul, 2016 12:00am

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 24th June, 2016.

Published 05 Jul, 2016 12:00am

Stocks recoup losses

Amid thin trade Pakistan shares market witnessed bull-run Monday with the KSE-100 index gaining 183 points to close at 37,967 points. A day before Eid holidays, the benchmark index showed volatility to hit the intraday high and low of 38,005 and 37,691 po

Published 05 Jul, 2016 12:00am

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 24th June, 2016.

Published 05 Jul, 2016 12:00am

Stocks recoup losses

Amid thin trade Pakistan shares market witnessed bull-run Monday with the KSE-100 index gaining 183 points to close at 37,967 points. A day before Eid holidays, the benchmark index showed volatility to hit the intraday high and low of 38,005 and 37,691 po

Published 05 Jul, 2016 12:00am

Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Monday (July 04, 2016).

Published 05 Jul, 2016 12:00am

Stocks recoup losses

Amid thin trade Pakistan shares market witnessed bull-run Monday with the KSE-100 index gaining 183 points to close at 37,967 points. A day before Eid holidays, the benchmark index showed volatility to hit the intraday high and low of 38,005 and 37,691 po

Published 05 Jul, 2016 12:00am

Cotton

Grain market rates

Karachi grain market rates in rupees on Monday (July 04, 2016).

Published 05 Jul, 2016 12:00am

BRIndex30 up 158.44 points

On Monday, BRIndex30 opened at 22,388.71 points and remained positive throughout the trading session. It touched an intraday high of 22,593.89 points and an intraday low of 22,399.02 points and closed at 22,547.15 points which was 158.44 points or 0.71 pe

Published 05 Jul, 2016 12:00am

Hides and skin rates

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

Published 05 Jul, 2016 12:00am

BRIndex30 up 158.44 points

On Monday, BRIndex30 opened at 22,388.71 points and remained positive throughout the trading session. It touched an intraday high of 22,593.89 points and an intraday low of 22,399.02 points and closed at 22,547.15 points which was 158.44 points or 0.71 pe

Published 05 Jul, 2016 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Monday (July 04, 2016).

Published 05 Jul, 2016 12:00am

Madina, Qatif, Jeddah: Suicide bombers hit Saudi cities

Suicide bombers struck three cities across Saudi Arabia on Monday, in an apparently co-ordinated campaign of attacks as Saudis prepared to break their fast. The explosions targeting US diplomats, Shia worshippers and a security headquarters at a mosque in

Published 05 Jul, 2016 12:00am

Lahore Grain Market Rates

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

Published 05 Jul, 2016 12:00am

Madina, Qatif, Jeddah: Suicide bombers hit Saudi cities

Suicide bombers struck three cities across Saudi Arabia on Monday, in an apparently co-ordinated campaign of attacks as Saudis prepared to break their fast. The explosions targeting US diplomats, Shia worshippers and a security headquarters at a mosque in

Published 05 Jul, 2016 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Monday (July 04, 2016).

Published 05 Jul, 2016 12:00am

Moon not sighted in Gulf states; Eid tomorrow

Eid-ul-Fitr marking the end of the holy month of Ramazan will start on Wednesday in Gulf states and Yemen, religious authorities in both countries announced. The crescent moon which marks the new lunar month was not sighted on Monday night, and Tuesday wo

Published 05 Jul, 2016 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Monday (July 04, 2016).

Published 05 Jul, 2016 12:00am

Moon not sighted in Gulf states; Eid tomorrow

Eid-ul-Fitr marking the end of the holy month of Ramazan will start on Wednesday in Gulf states and Yemen, religious authorities in both countries announced. The crescent moon which marks the new lunar month was not sighted on Monday night, and Tuesday wo

Published 05 Jul, 2016 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Monday (July 04, 2016).

Published 05 Jul, 2016 12:00am

Notices issued to AGP, Secretary Statistics: Supreme Court takes notice of delay in population census

Taking notice of delay in national population census on Monday the Supreme Court has issued notices to Attorney General for Pakistan and Secretary Statistics division for July 15 in the matter.

Published 05 Jul, 2016 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Monday (July 04, 2016).

Published 05 Jul, 2016 12:00am

Notices issued to AGP, Secretary Statistics: Supreme Court takes notice of delay in population census

Taking notice of delay in national population census on Monday the Supreme Court has issued notices to Attorney General for Pakistan and Secretary Statistics division for July 15 in the matter.

Published 05 Jul, 2016 12:00am

Cotton Spot Rates

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

Published 05 Jul, 2016 12:00am

Uplift projects: Dar reviews status of foreign financing

Finance Minister Ishaq Dar on Monday chaired a meeting to review the status of foreign financing for projects in the country. Secretary Economic Affairs Division briefed the Minister on the progress of various projects and programmes being funded by bilat

Published 05 Jul, 2016 12:00am

LME official prices

The following were Friday official prices.

Published 05 Jul, 2016 12:00am

Uplift projects: Dar reviews status of foreign financing

Finance Minister Ishaq Dar on Monday chaired a meeting to review the status of foreign financing for projects in the country. Secretary Economic Affairs Division briefed the Minister on the progress of various projects and programmes being funded by bilat

Published 05 Jul, 2016 12:00am

LME official prices

The following were Friday official prices.

Published 05 Jul, 2016 12:00am

Uplift projects: Dar reviews status of foreign financing

Finance Minister Ishaq Dar on Monday chaired a meeting to review the status of foreign financing for projects in the country. Secretary Economic Affairs Division briefed the Minister on the progress of various projects and programmes being funded by bilat

Published 05 Jul, 2016 12:00am

Bullion Rates

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

Published 05 Jul, 2016 12:00am

Currency

Canadian manufacturing growth slows in June

The pace of growth in Canada's manufacturing sector stepped back in June as measures of output, new business and employment all fell, data showed on Monday, the latest sign Canada's economy is struggling to gain momentum. The RBC Canadian Manufacturing Pu

Published 05 Jul, 2016 12:00am

Bullion Rates

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

Published 05 Jul, 2016 12:00am

COAS visits TDPs in Bannu

Chief of Army Staff (COAS) General Rahil Sharif has visited Temporarily Displaced People (TDPs) in Bannu and had an Iftar with them, a statement released by Inter Services Public Relations (ISPR) said on Monday.

Published 05 Jul, 2016 12:00am

The Weather

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

Published 05 Jul, 2016 12:00am

FBR clarification

Federal Board of Revenue has strongly denied reports appearing in a section of press that non-tax revenue has been included in the taxes and duties collected by FBR to overstate the figure of tax collection.

Published 05 Jul, 2016 12:00am

FBR clarification

Federal Board of Revenue has strongly denied reports appearing in a section of press that non-tax revenue has been included in the taxes and duties collected by FBR to overstate the figure of tax collection.

Published 05 Jul, 2016 12:00am

FBR clarification

Federal Board of Revenue has strongly denied reports appearing in a section of press that non-tax revenue has been included in the taxes and duties collected by FBR to overstate the figure of tax collection.

Published 05 Jul, 2016 12:00am

Industry surpasses growth target

With 6.8 percent growth in FY16, for the first time in past 12 years the industry surpassed the growth target set in the Annual Plan. According to State Bank of Pakistan, the growth in the industrial sector recovered sharply from 4.8 percent in FY15 to 6.

Published 05 Jul, 2016 12:00am

Industry surpasses growth target

With 6.8 percent growth in FY16, for the first time in past 12 years the industry surpassed the growth target set in the Annual Plan. According to State Bank of Pakistan, the growth in the industrial sector recovered sharply from 4.8 percent in FY15 to 6.

Published 05 Jul, 2016 12:00am

Industry surpasses growth target

With 6.8 percent growth in FY16, for the first time in past 12 years the industry surpassed the growth target set in the Annual Plan. According to State Bank of Pakistan, the growth in the industrial sector recovered sharply from 4.8 percent in FY15 to 6.

Published 05 Jul, 2016 12:00am

Argentina says Falklands claim unchanged by Brexit

Argentinian President Mauricio Macri said Monday that his country's claim to the Falkland Islands remains unchanged following Britain's vote to leave the EU.

Published 05 Jul, 2016 12:00am

Aide to former Chinese president jailed for life

An ex-aide of former Chinese president Hu Jintao has been jailed for life for corruption, illegally obtaining state secrets and abuse of power, official media reported Monday. Ling Jihua pleaded guilty and said he would not appeal, Xinhua news agency said

Published 05 Jul, 2016 12:00am

Gwadar airport to handle even Airbus A380

Gwadar International Airport, which will be capable of handling the largest of passenger planes including the Airbus A380 Boeing jet, is being constructed at a cost of US$ 260 million at Gwadar, Balochistan province. The amount for the airport is a full g

Published 05 Jul, 2016 12:00am

Gwadar airport to handle even Airbus A380

Gwadar International Airport, which will be capable of handling the largest of passenger planes including the Airbus A380 Boeing jet, is being constructed at a cost of US$ 260 million at Gwadar, Balochistan province. The amount for the airport is a full g

Published 05 Jul, 2016 12:00am

Gwadar airport to handle even Airbus A380

Gwadar International Airport, which will be capable of handling the largest of passenger planes including the Airbus A380 Boeing jet, is being constructed at a cost of US$ 260 million at Gwadar, Balochistan province. The amount for the airport is a full g

Published 05 Jul, 2016 12:00am

Prime Minister takes a stroll in Oxford Street

Prime Minister Nawaz Sharif's health has improved considerably since his open heart surgery, as he took a stroll in London and had a cup of tea at a local restaurant on Sunday night. According to reports, the prime minister along with Pakistani officials

Published 05 Jul, 2016 12:00am

Prime Minister takes a stroll in Oxford Street

Prime Minister Nawaz Sharif's health has improved considerably since his open heart surgery, as he took a stroll in London and had a cup of tea at a local restaurant on Sunday night. According to reports, the prime minister along with Pakistani officials

Published 05 Jul, 2016 12:00am

NASA counts down to nail-biter orbit of Jupiter

A $1.1 billion NASA spacecraft called Juno must dodge debris and extreme radiation Monday as it attempts to orbit Jupiter, on a high-stakes mission to probe the origin of the solar system.

Published 05 Jul, 2016 12:00am

Five killed in compressor blast at ice factory

Five people were killed when the roof of an ice factory collapsed in New Karachi area following a compressor blast. A spokesman of the Commissioner Karachi Office said that the rescue work was going on to remove the debris. He said that Commissioner Karac

Published 05 Jul, 2016 12:00am

KMC Administrator visits collapsed ice factory

KMC Administrator Laeeq Ahmed has expressed deep grief and sorrow on the loss of lives in the incident of collapse of ice factory in New Karachi. On a visit to the collapsed ice factory on Monday he directed disaster management department to complete resc

Published 05 Jul, 2016 12:00am

KU announces results of BSc Pass (Part-II) annual exams

Karachi University's Controller Examinations Prof. Dr. Arshad Azmi has notified the results of B.Sc. Pass Part 2 and Both Parts Annual Examinations 2015.

Published 05 Jul, 2016 12:00am

FPCCI concerned at damages caused by rains

Business community has expressed concern on damages caused by monsoon rain to roads, utilities and basic infrastructure in Karachi. Senior Vice President of Federation of Pakistan Chambers of Commerce & Industry (FPCCI), Sheikh Khalid Tawab has urged the

Published 05 Jul, 2016 12:00am

Siemens scraps property deal

Siemens (Pakistan) Engineering Co Ltd on Monday said to have terminated an agreement with the purchaser for the sale of its land in Islamabad. The company in its financials for Q2FY 2016 had notified to Pakistan Stock Exchange the sale of the full leaseho

Published 05 Jul, 2016 12:00am

Asim seeks his treatment at JPMC

The lawyer for close-aide of former President Zardari, Dr Aasim Hussain requested the Accountability Court on Monday to allow his client the treatment at Jinnah Post-Graduate Medical Centre (JPMC) hospital.

Published 05 Jul, 2016 12:00am

No load shedding during Eid holidays

Ministry of Water and Power has announced on Monday to provide uninterrupted power supply during three days of Eid-ul-Fitr. According to officials, due to closure of industries, additional power will be available to meet the demand of domestic consumers.

Published 05 Jul, 2016 12:00am

'Askari Bank monitors working of its ATMs professionally'

Askari Bank strongly believes that technology driven products are the future of the banking industry. As such, the bank has aggressively pursued the expansion of its ATM network by adding 205 ATMs in last two and a half years, bringing its total to 493 AT

Published 05 Jul, 2016 12:00am

Redemption of preference shares: MPCL pays over Rs 9.7 billion to government

Mari Petroleum Company Limited (MPCL) Monday said to have redeemed preference shares held by the Government of Pakistan (GoP) and others along with profit for the applicable period and paid Rs9.718 billion to GoP on June 24 on account of redemption of pre

Published 05 Jul, 2016 12:00am

PPP committed to waging struggle against anti-democratic forces: Chandio

Sindh Minister for Information & Archives, Maula Bux Chandio said on Monday that Pakistan Peoples Party (PPP) is committed to continue its fight against anti-democratic forces which are out to harm democracy in Pakistan, particularly in Sindh, for their n

Published 05 Jul, 2016 12:00am

SBP issues Panel of Valuers

As per Finance Act, 2016/17, an amendment in Section 68 (4) requires determination of fair market value through approved panel of the State Bank of Pakistan (SBP). Accordingly, SBP has issued its Panel of Valuers. The panel will remain effective till the

Published 05 Jul, 2016 12:00am

Non-payment of dues to Pakistanis: FO making efforts to ease difficulties

The Ministry of Foreign Affairs and Embassy of Pakistan in Riyadh are making every effort to resolve the difficulties being faced by Pakistani nationals working for M/s Saad Group of Companies in Dammam, Saudi Arabia due to non-payment of dues, Foreign Of

Published 05 Jul, 2016 12:00am

Two Air Vice Marshals promoted

The Government has promoted Air Vice Marshal Arshad Malik and Air Vice Marshal Aasim Zaheer to the rank of Air Marshal and Air Commodore Muhammad Zahid Mehmood and Air Commodore Noor Abbas to the rank of Air Vice Marshal.

Published 05 Jul, 2016 12:00am

Hajj corruption case: IHC rejects Hamid Kazmi's plea

The Islamabad High Court (IHC) on Monday rejected former federal minister for religious affairs Hamid Saeed Kazmi's application to suspend the sentence of imprisonment awarded by a local court in the Hajj corruption case.

Published 05 Jul, 2016 12:00am

SBP appoints Primary Dealers for FY17

State Bank of Pakistan (SBP) has announced to appoint Primary Dealers for Financial Year 2016-17 (FY17) Applications were invited for the selection of Primary Dealers for the Financial Year (FY) 2016-17 on May 13, 2016 from all Banks, Investment Banks, De

Published 05 Jul, 2016 12:00am

Removal of MQM offices in banks: Rangers writes letter to SBP

Pakistan Rangers (Sindh) have written a letter to the State Bank of Pakistan (SBP) and National Bank of Pakistan (NBP) telling the institutions to remove offices belonging to Muttahida Qaumi Movement (MQM).

Published 05 Jul, 2016 12:00am

KP to pursue Chinese investment for circular train in Peshawar

A meeting was held here with Chief Minister Pervez Khattak which decided to pursue the Chinese investment for circular train in Peshawar and establishment of KP Insurance Company and KP Holding Company.

Published 05 Jul, 2016 12:00am

Haqqania Madrasa: KP CM used discretionary powers to allocate funds: Imran

Chairman, Pakistan Tehreek-e-Insaaf (PTI), Imran Khan, has said that the provincial chief minister used his discretionary powers to allocate the funds for Haqqania Madrasa without his knowledge and even without informing some of his Cabinet ministers.

Published 05 Jul, 2016 12:00am

Kuwait incident: funeral prayers of three persons held

Bodies of three members of a family who scorched to death in Kuwait were shifted to Lahore on Monday and taken to their native town Mian Channu for burial. Thousands of people from all walks of life attended the funeral prayer of Nasreen Akhtar, Rehana Ka

Published 05 Jul, 2016 12:00am

Face recognition system at airports: Japan agrees to extend Rs 205 million grant-in-aid

The Government of Japan on Monday agreed to extend a grant-in-aid "Economic and Social Development Programme", worth 200 million Japanese Yen, equivalent to around Rs205 million to install Face Recognition System at airports for security improvement in Pa

Published 05 Jul, 2016 12:00am

IDPs to be repatriated soon: KP governor

KP Governor Iqbal Zafar Jhagra has said that the day is not far away when IDPs will be repatriated to their home places and we will be able to lead our lives in complete normalcy.

Published 05 Jul, 2016 12:00am

ARL to produce low-sulphur HSD

Attock Refinery Limited (ARL) on Monday said to have made operational its Diesel Hydro Desulphurization (DHDS) Unit, according to a stock filing. The development, according to ARL's company secretary Saif Ur Rehman Mirza, was made as part of ARL Up-Gradat

Published 05 Jul, 2016 12:00am

Currency

PRGMEA hails zero-rating restoration

Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) chief co-ordinator Ijaz Khokhar has hailed the government's decision for the restoration of sales tax regime for five major export oriented sectors in the federal budget 2016-17.

Published 05 Jul, 2016 12:00am

Punjab sets aside Rs 400 million to protect cultural heritage

The Punjab has set aside Rs 400 million in the annual development programme of the budget to protect and promote its cultural heritage, sources have revealed.

Published 05 Jul, 2016 12:00am

IPR issues fact-sheet on effects of UK's exit from EU

The Institute for Policy Reforms on Monday released a comprehensive fact sheet on the effects of UK's exit from the European Union. It analysed its effects on the world economy and on Pakistan. The fact sheet states that Brexit vote also challenges the wa

Published 05 Jul, 2016 12:00am

3,000 telephone lines dead in South Waziristan

Apart from unavailability of mobile phone service in Wana around 3,000 telephone lines have gone dead in South Waziristan Agency. Due to lack of communication means, residents of the area are facing problems in connecting with people in and out of the cou

Published 05 Jul, 2016 12:00am

Bajuar admin bans sale of toy guns

The Political Administration (PA), in Bajaur Agency has banned the sale of toy guns and firecrackers in the region and has decided to take action against people involved in its sale.

Published 05 Jul, 2016 12:00am

Forces distribute Eid gifts among orphan children

The security forces on Monday distributed Eid gifts among orphan children in Bajaur Agency. A ceremony was held at Al-Huda Centre for Orphans in Khar in tribal agency. The ceremony was attended by scores of orphan students of various parts of the agency,

Published 05 Jul, 2016 12:00am

Cotton

Season 2014-15: mills fail to pay Rs 3.63 billion to sugarcane growers

Sugar millers across the country have failed to pay sugarcane growers amounting to Rs 3.63 billion in season 2014-15, which may affect production of the commodity in the coming year, it is learnt.

Published 05 Jul, 2016 12:00am

Availability of cash in ATMs: Mohtasib asks SBP to take appropriate remedial measures

Taking cognisance of the miseries of about thousands of overseas Pakistanis visiting their families to celebrate Eid with them and the government and private sector employees, including citizens of Pakistan who are rushing to get the money from the Automa

Published 05 Jul, 2016 12:00am

AJK elections: Nisar says troops will be deployed

Army troops will be deployed for elections in Azad Jammu and Kashmir to ensure fool proof security and hold free and fair elections; so that nobody could point fingers at the results. Interior Minister Chaudhry Nisar Ali Khan said this on Monday while ina

Published 05 Jul, 2016 12:00am

Saad-led team to visit China this month

-A delegation headed by Railway Minister Khawaja Saad Rafique will visit China this month (July) after Eid to discuss financing of $ 8.2 billion Railways and Gwadar projects with Chinese government under China-Pakistan Economic Corridor (CPEC).

Published 05 Jul, 2016 12:00am

Cotton

Cotton sowing registers 11 percent decline

The cotton crop prospects for the upcoming season (2016-17) are not very bright as sowing registered a significant decline of 11 percent compared to the same period of preceding year, official sources revealed.

Published 05 Jul, 2016 12:00am

BNP Group files petition against CDA for sealing apartments

The under-construction skyscraper located at a scenic location of federal capital again came into limelight as management of high rise residential apartments went into litigation against the Capital Development Authority (CDA) for sealing the apartments.

Published 05 Jul, 2016 12:00am

Osborne targets business tax cut in Brexit fightback

British Finance minister George Osborne said Monday he would seek to slash corporation tax over fears of a corporate exodus following the country's shock decision to leave the European Union.

Published 05 Jul, 2016 12:00am

Federer, Querrey advance

Roger Federer reached his 14th Wimbledon quarter-final and tied Martina Navratilova's all-time Grand Slam record of 306 match wins on Monday. The seven-time champion achieved his double landmark by seeing off Steve Johnson of the United States 6-2, 6-3, 7

Published 05 Jul, 2016 12:00am

Rib agony forces Nishikori out

Japanese fifth seed Kei Nishikori pulled out of Wimbledon in agony on Monday mid-way through his last 16 match against Marin Cilic, overcome by the pain from his rib injury. Nishikori looked completely out of sorts on Court Two and consulted the trainer a

Published 05 Jul, 2016 12:00am

UK construction battered in June by Brexit fears: Markit

Britain's construction industry suffered its worst contraction in seven years in June as concern grew about a referendum on European Union membership, according to a survey that was mostly conducted before Britain voted on June 23 to quit the EU.

Published 05 Jul, 2016 12:00am

Britain plans to cut corporate tax to under 15 percent

British finance minister George Osborne plans to slash corporation tax to under 15 percent to tempt businesses to stay following the country's shock vote to leave the European Union, the Financial Times reported Sunday.

Published 05 Jul, 2016 12:00am

Turkish inflation exceeds forecasts

Turkey's consumer prices rose a greater-than-expected 0.47 percent month-on-month in June, official data showed on Monday, but the upside surprise was not seen changing expectations of further monetary policy easing.

Published 05 Jul, 2016 12:00am

China's Midea buys nearly half of German robotics firm Kuka

Chinese appliances giant Midea moved a step closer to fulfilling its ambition to acquire German industrial robotics firm Kuka with two weekend deals raising its stake to nearly a majority. Two of Kuka's biggest German shareholders - technology company Voi

Published 05 Jul, 2016 12:00am

Cibulkova stuns Radwanska, Kerber cruises at Wimbledon

Bride-to-be Dominika Cibulkova sent world number three Agnieszka Radwanska crashing out of Wimbledon on Monday, while Australian Open champion Angelique Kerber cruised into the quarter-finals.

Published 05 Jul, 2016 12:00am

Currency

Eurozone producer prices rebound more than expected in May

Eurozone producer prices rose more than expected in May, posting this year's monthly highest increase, driven mainly by soaring energy prices, estimates from the European Union's statistics office Eurostat showed on Monday. Eurostat said prices at factory

Published 05 Jul, 2016 12:00am

Currency	Rate
USD PKR Interbank Selling / May 9	281.75
USD PKR Interbank Buying / May 9	281.50
USD to Japanese Yen / May 9	145.37
USD to Swiss Franc / May 9	0.83
Pound Sterling to USD / May 9	1.33
Euro to USD / May 9	1.12
UK LIBOR % / May 9	4.96

Stock	Volume
S&P 500 / May 9	5,659.91
India Sensex / May 9	79,454.47
Tokyo Nikkei / May 9	37,503.33
Nasdaq / May 9	17,928.92
Hang Seng / May 9	22,867.74
FTSE 100 / May 9	8,554.80
Dow Jones / May 9	41,249.38
Germany DAX 30 / May 9	23,499.32
France CAC40 / May 9	7,743.75

Item	Value
Crude Oil USD/Barrel / May 9	61.02
Karachi Cotton PKR/37.32 KG / May 9	16,985
Gold 10 Grams PKR / May 9	300,840
Gold Spot USD/Ounce / May 9	3,324.98
Cotton US¢/pound / May 9	66.61
Petrol/Litre / May 12	252.63
Diesel/Litre / May 12	256.64

Stock	Price
First AL-Noor Mod. / May 9 First Al-Noor Modaraba(FANM)	3 ▲ 0.67 (28.76%)
Premier Insurance / May 9 Premier Insurance Limited(PINL)	5.15 ▲ 0.72 (16.25%)
Escorts Bank / May 9 Escorts Investment Bank Limited(ESBL)	5.98 ▲ 0.83 (16.12%)
Parmount Sp. / May 9 Paramount Spinning Mills Limited(PASM)	3.22 ▲ 0.41 (14.59%)
UDL International / May 9 UDL International Limited(UDLI)	7.10 ▲ 0.85 (13.6%)
Abdullah Shah / May 9 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	5.44 ▲ 0.65 (13.57%)
Chenab Ltd (Pref) / May 9 Chenab Limited (Pref)(CLCPS)	2.05 ▲ 0.23 (12.64%)
LSE Capital / May 9 LSE Capital Limited(LSECL)	4.39 ▲ 0.48 (12.28%)
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	6.42 ▲ 0.7 (12.24%)
D.S. Ind. Ltd. / May 9 D.S. Industries Limited(DSIL)	3.90 ▲ 0.41 (11.75%)

Stock	Price
Cyan Limited / May 9 Cyan Limited(CYAN)	27.05 ▼ -5.03 (-15.68%)
Burj Clean Energy Modaraba / May 9 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.11 ▼ -1 (-12.33%)
Universal Ins. / May 9 The Universal Insurance Company Limited(UVIC)	8.25 ▼ -1 (-10.81%)
Sally Textile / May 9 Sally Textile Mills Limited(SLYT)	7.14 ▼ -0.86 (-10.75%)
Jubilee Spinning / May 9 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	8.43 ▼ -0.95 (-10.13%)
At-Tahur Ltd. / May 9 At-Tahur Limited(PREMA)	42.57 ▼ -4.73 (-10%)
Khyber Tobacco / May 9 Khyber Tobacco Company Limited(KHTC)	342.26 ▼ -38.03 (-10%)
Dewan Mushtaq / May 9 Dewan Mushtaq Textile Mills Limited(DMTM)	9.29 ▼ -1.03 (-9.98%)
PIA Holding Co.Ltd / May 9 PIA Holding Company Limited(PIAHCLA)	12.23 ▼ -1.35 (-9.94%)
First Elite Cap.Mod / May 9 First Elite Capital Modaraba(FECM)	18.44 ▼ -2 (-9.78%)

Stock	Volume
WorldCall Telecom / May 9 Worldcall Telecom Limited(WTL)	47,087,025 ▲ 0.06
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	33,590,475 ▲ 0.7
Sui South Gas / May 9 Sui Southern Gas Company Limited(SSGC)	29,288,646 ▼ -1.53
B.O.Punjab / May 9 The Bank of Punjab(BOP)	18,310,598 ▲ 0.44
Pak Refinery / May 9 Pakistan Refinery Limited(PRL)	15,347,121 ▲ 0.3
PIA Holding Co.Ltd / May 9 PIA Holding Company Limited(PIAHCLA)	14,961,675 ▼ -1.35
Sui North Gas / May 9 Sui Northern Gas Pipelines Limited(SNGP)	14,847,660 ▲ 5.69
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