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Print - 2016-07-16
Index down 69 points

Index down 69 points

Bullish otherwise, the share market ended the week in red with the KSE-100 index losing 69 points to close at 39,188 points on Friday. With benchmark index showing volatility in intraday trade, the number of shares traded increased to 200 million from the
Published 16 Jul, 2016 12:00am
Index down 69 points

Index down 69 points

Bullish otherwise, the share market ended the week in red with the KSE-100 index losing 69 points to close at 39,188 points on Friday. With benchmark index showing volatility in intraday trade, the number of shares traded increased to 200 million from the
Published 16 Jul, 2016 12:00am
Index down 69 points

Index down 69 points

Bullish otherwise, the share market ended the week in red with the KSE-100 index losing 69 points to close at 39,188 points on Friday. With benchmark index showing volatility in intraday trade, the number of shares traded increased to 200 million from the
Published 16 Jul, 2016 12:00am
Rs 180 billion spent on CPEC projects

Rs 180 billion spent on CPEC projects

The total estimated cost of 38 on-going projects under the China-Pakistan Economic Corridor (CPEC) is Rs 1.43 trillion, including a Rs 282.32 billion foreign assistance while a total of Rs 179.85 billion has been spent till June 30, 2016.
Published 16 Jul, 2016 12:00am
Rs 180 billion spent on CPEC projects

Rs 180 billion spent on CPEC projects

The total estimated cost of 38 on-going projects under the China-Pakistan Economic Corridor (CPEC) is Rs 1.43 trillion, including a Rs 282.32 billion foreign assistance while a total of Rs 179.85 billion has been spent till June 30, 2016.
Published 16 Jul, 2016 12:00am
Rs 180 billion spent on CPEC projects

Rs 180 billion spent on CPEC projects

The total estimated cost of 38 on-going projects under the China-Pakistan Economic Corridor (CPEC) is Rs 1.43 trillion, including a Rs 282.32 billion foreign assistance while a total of Rs 179.85 billion has been spent till June 30, 2016.
Published 16 Jul, 2016 12:00am
Indian atrocities: FO briefs African, ME envoys

Indian atrocities: FO briefs African, ME envoys

Foreign Office on Friday briefed ambassadors of African and Middle Eastern countries on the Indian atrocities against Kashmiri people, as Pakistan continued to sensitise the international community on the tensed situation in Indian occupied Jammu and Kash
Published 16 Jul, 2016 12:00am
Indian atrocities: FO briefs African, ME envoys

Indian atrocities: FO briefs African, ME envoys

Foreign Office on Friday briefed ambassadors of African and Middle Eastern countries on the Indian atrocities against Kashmiri people, as Pakistan continued to sensitise the international community on the tensed situation in Indian occupied Jammu and Kash
Published 16 Jul, 2016 12:00am
Sartaj formally takes up issue with UN, OIC

Sartaj formally takes up issue with UN, OIC

Adviser to the Prime Minister on Foreign Affairs Sartaj Aziz has formally taken up the issue of continued Indian atrocities in occupied Jammu and Kashmir with United Nations, the Security Council, the Organisation for Islamic Cooperation (OIC), and the UN
Published 16 Jul, 2016 12:00am
Sartaj formally takes up issue with UN, OIC

Sartaj formally takes up issue with UN, OIC

Adviser to the Prime Minister on Foreign Affairs Sartaj Aziz has formally taken up the issue of continued Indian atrocities in occupied Jammu and Kashmir with United Nations, the Security Council, the Organisation for Islamic Cooperation (OIC), and the UN
Published 16 Jul, 2016 12:00am
Killings in IHK: government decides to observe 'black day' on July 19

Killings in IHK: government decides to observe 'black day' on July 19

A special Cabinet meeting in the provincial capital has decided to mark July 19 as a 'black day' against the killings in the Indian-administered Kashmir. It also decided to convene a joint session of the Parliament to discuss the current situation there.
Published 16 Jul, 2016 12:00am
Killings in IHK: government decides to observe 'black day' on July 19

Killings in IHK: government decides to observe 'black day' on July 19

A special Cabinet meeting in the provincial capital has decided to mark July 19 as a 'black day' against the killings in the Indian-administered Kashmir. It also decided to convene a joint session of the Parliament to discuss the current situation there.
Published 16 Jul, 2016 12:00am
PTA issues 4G licence to Telenor after it pays Rs 4.13 billion WHT

PTA issues 4G licence to Telenor after it pays Rs 4.13 billion WHT

Pakistan Telecommunication Authority (PTA) has issued 850MHz spectrum (3G/4G) license to Telenor Pakistan after it paid withholding tax of Rs 4.13 billion ($39.5 million). Telenor had earlier refused to pay withholding tax of $39.5 million, ie 10 percent
Published 16 Jul, 2016 12:00am
PTA issues 4G licence to Telenor after it pays Rs 4.13 billion WHT

PTA issues 4G licence to Telenor after it pays Rs 4.13 billion WHT

Pakistan Telecommunication Authority (PTA) has issued 850MHz spectrum (3G/4G) license to Telenor Pakistan after it paid withholding tax of Rs 4.13 billion ($39.5 million). Telenor had earlier refused to pay withholding tax of $39.5 million, ie 10 percent
Published 16 Jul, 2016 12:00am
PTA issues 4G licence to Telenor after it pays Rs 4.13 billion WHT

PTA issues 4G licence to Telenor after it pays Rs 4.13 billion WHT

Pakistan Telecommunication Authority (PTA) has issued 850MHz spectrum (3G/4G) license to Telenor Pakistan after it paid withholding tax of Rs 4.13 billion ($39.5 million). Telenor had earlier refused to pay withholding tax of $39.5 million, ie 10 percent
Published 16 Jul, 2016 12:00am
PTA issues 4G licence to Telenor after it pays Rs 4.13 billion WHT

PTA issues 4G licence to Telenor after it pays Rs 4.13 billion WHT

Pakistan Telecommunication Authority (PTA) has issued 850MHz spectrum (3G/4G) license to Telenor Pakistan after it paid withholding tax of Rs 4.13 billion ($39.5 million). Telenor had earlier refused to pay withholding tax of $39.5 million, ie 10 percent
Published 16 Jul, 2016 12:00am
US probe of Saudi Arabia ties to 9/11 inconclusive

US probe of Saudi Arabia ties to 9/11 inconclusive

The United States probed links between the government of Saudi Arabia and the 9/11 attacks, finding multiple suspicions but no proven ties, documents declassified Friday showed. Part of a Congressional report that had been kept under wraps for more than a
Published 16 Jul, 2016 12:00am
US probe of Saudi Arabia ties to 9/11 inconclusive

US probe of Saudi Arabia ties to 9/11 inconclusive

The United States probed links between the government of Saudi Arabia and the 9/11 attacks, finding multiple suspicions but no proven ties, documents declassified Friday showed. Part of a Congressional report that had been kept under wraps for more than a
Published 16 Jul, 2016 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (July 15, 2016).

Published 16 Jul, 2016 12:00am
Money Market Report
Currency

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (July 15, 2016).
Published 16 Jul, 2016 12:00am
Currency notes: exchange rates
Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (July 15, 2016).

Published 16 Jul, 2016 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (July 15, 2016).

Published 16 Jul, 2016 12:00am
Barclays bid rates and maximum rates for payment of interest

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 16 Jul, 2016 12:00am
State Bank of Pakistan conversion rates
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 16 Jul, 2016 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 16 Jul, 2016 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 16 Jul, 2016 12:00am
BRIDGE NOTES: 'Manoeuvre de Guillemard'

BRIDGE NOTES: 'Manoeuvre de Guillemard'

Bridge is a seesaw battle between 2 opposing sides. Both fight it over at the table using all the gimmicks of Bridge to come up with an upper hand. And when both play brilliantly it sometimes becomes a hazy arena where no one can predict which side is goi
Published 16 Jul, 2016 12:00am
Noel Neill, Lois Lane in 'Superman' TV series, dies at 95

Noel Neill, Lois Lane in 'Superman' TV series, dies at 95

Actress Noel Neill, who played Lois Lane, the intrepid reporter on the "Adventures of Superman" television series who never quite figured out her Daily Planet colleague Clark Kent was The Man of Steel, has died at the age of 95, a friend said on Monday. N
Published 16 Jul, 2016 12:00am
Alia Bhatt sets her sights on Hollywood

Alia Bhatt sets her sights on Hollywood

Indian film star Alia Bhatt says she wants to experiment with acting in Hollywood and a web series for a platform like Netflix after four meteoric years in Bollywood. The 23-year-old says she would also like to work in Lollywood, Tollywood and even Nollyw
Published 16 Jul, 2016 12:00am
Oscars organisers invite new members in diversity push

Oscars organisers invite new members in diversity push

Organizers of the Oscars, facing an outcry over the lack of diversity on its voting board for the film awards, said it has invited nearly 700 new members with a focus on female and minority talent.
Published 16 Jul, 2016 12:00am
What's in cigarette smoke? Most people don't know

What's in cigarette smoke? Most people don't know

Many people in a recent study said they'd tried to find out what chemicals are in tobacco products or smoke, but most were not familiar with components other than nicotine.
Published 16 Jul, 2016 12:00am
Charlie robot new best buddy for kids with diabetes

Charlie robot new best buddy for kids with diabetes

Cheeky Ruben is just seven and learning to read. But thanks to his new knee-high buddy Charlie robot he can expertly measure his blood sugar and count carbohydrates in a glass of milk.
Published 16 Jul, 2016 12:00am
Internet addiction - the warning signs to look out for

Internet addiction - the warning signs to look out for

The last thing they do before going to sleep is to quickly check the social networks on the smartphone. And the first waking moment also belongs to the device, when the user reconnects to the "outside world."
Published 16 Jul, 2016 12:00am
Global push to make Mediterranean diet sexy again

Global push to make Mediterranean diet sexy again

It may be on the UNESCO heritage list, but global experts warn the Mediterranean diet, prized for its health benefits, is losing so much ground to the fast food culture that the decline may be irreversible.
Published 16 Jul, 2016 12:00am
ART FACTS: Dialogue between different eras

ART FACTS: Dialogue between different eras

The artworks of Kiran Saleem in a solo show titled "To See or Not to See" at Sanat Gallery, Karachi celebrated the traditional painting techniques and encourage viewers to take second, closer look to the art by the old masters.
Published 16 Jul, 2016 12:00am
Cities seek solutions to tackle food waste

Cities seek solutions to tackle food waste

Cities are places of plenty, with the most opportunities and material comforts, yet they are often also where things go to waste. Roughly one-third of the food produced globally for human consumption is lost or wasted - about 1.3 billion tons per year, ac
Published 16 Jul, 2016 12:00am
KARACHI CHRONICLE: What Edhi owed to Karachi

KARACHI CHRONICLE: What Edhi owed to Karachi

Tributes are still pouring in to condole the death of Abdul SattarEdhi from all corners of the country and from abroad. The 92-year-old humanitarian died July 8, 2016. The obituaries describe him as a legendary philanthropist. The word "benevolence" evoke
Published 16 Jul, 2016 12:00am
Daily trading report of PMEX
Cotton

Daily trading report of PMEX

On Thursday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 5,978 million and the number of lots traded was 16,545. PMEX Commodity Index closed at 2,966. Major business was contributed by gold amounting to PKR 2,860 million followed by curre
Published 16 Jul, 2016 12:00am
Brazil's June green coffee exports fall

Brazil's June green coffee exports fall

Brazil's June green coffee exports fell 12 percent from a year ago to 2.07 million 60-kg bags, the lowest level of the 2015-16 (July-June) crop year, after weather and depleted stocks curbed shipments heading into the new harvest, export association Cecaf
Published 16 Jul, 2016 12:00am
Asian naphtha cracks fall to 1-1/2-year low

Asian naphtha cracks fall to 1-1/2-year low

Asia's naphtha cracks fell for the sixth session on Wednesday, its longest losing streak in nearly three months as demand from South Korea and Taiwan could not counter persistent oversupply. The crack value for the second half of August slumped 10.2 perce
Published 16 Jul, 2016 12:00am
US Plains HRW wheat bids unchanged

US Plains HRW wheat bids unchanged

Hard red winter wheat spot basis bids in the southern US Plains were unchanged on Wednesday with farmers tracking higher grain futures prices fuelled by weather worries, merchants said. Forecasts for warmer temperatures in the region might hurt corn devel
Published 16 Jul, 2016 12:00am
US FOB Gulf corn offers steady to firm

US FOB Gulf corn offers steady to firm

Export premiums for corn shipped from the US Gulf Coast were steady to firm on Wednesday, lifted by higher CIF barge basis values, while soyabean and wheat FOB basis offers held mostly steady, traders said. Slow farmer sales and rising barge freight costs
Published 16 Jul, 2016 12:00am
Hot weather remains favourable for Russia's grains

Hot weather remains favourable for Russia's grains

Hot weather remains favourable for Russia's grains, the head of weather forecaster Hydrometcentre said on Wednesday, indicating that the country is still on track to harvest the largest grain crop in its post-Soviet history. Russia, a major global wheat e
Published 16 Jul, 2016 12:00am
EU wheat futures hit two-week high

EU wheat futures hit two-week high

European benchmark wheat futures hit a two-week high on Wednesday, supported by rising US prices and growing expectations France's crop has suffered weather damage. Benchmark December milling wheat on the Paris-based Euronext exchange was up 1.75 euros or
Published 16 Jul, 2016 12:00am
Activities at Karachi and Qasim ports

Activities at Karachi and Qasim ports

The Karachi Port handled 148,031 tonnes of cargo comprising 136,185 tonnes of import cargo and 11,846 tonnes of export cargo including 4,501 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargo of 136
Published 16 Jul, 2016 12:00am
Prices make further ground on cotton market
Cotton

Prices make further ground on cotton market

A restricted selling by ginners pushed the rates further higher due to several factors on the cotton market on Friday, dealers said. The official spot rate strengthened by Rs 100 to Rs 6100, dealers said. In Sindh, seed cotton prices posted fresh gain of
Published 16 Jul, 2016 12:00am
No change on grain market

No change on grain market

According to the Daily Market Report, not a single change was seen on the local commodity market and oil seeds market on Friday.
Published 16 Jul, 2016 12:00am
Indian soyabeans futures rise

Indian soyabeans futures rise

Indian soyabean futures rose on Wednesday on expectations that excessive rains could damage the freshly planted crop and reduce the oilseeds' output, while rapeseed gained on demand for edible oil. The October soyabean contract on the National Commodity &
Published 16 Jul, 2016 12:00am
Payet pledges future '100 percent' to West Ham

Payet pledges future '100 percent' to West Ham

France playmaker Dimitri Payet handed West Ham a huge boost ahead of the new Premier League season by telling the club he is "100 per cent staying" with the Hammers. Payet had been linked with a move away from West Ham after backing up a superb debut seas
Published 16 Jul, 2016 12:00am
Dumoulin wins stage, Froome extends lead at sad Tour

Dumoulin wins stage, Froome extends lead at sad Tour

Chris Froome extended his Tour de France lead in finishing second to Tom Dumoulin on Friday's mournful 13th stage individual time-trial. Festivities at the Tour were suspended and security ramped up for the 37.5km time-trial from Bourg Saint Andeol to La
Published 16 Jul, 2016 12:00am
Sports world pays tribute to Nice victims

Sports world pays tribute to Nice victims

France Davis Cup captain Yannick Noah, riders at the Tour de France and golfers at the British Open led tributes Friday from the world of sport to the victims of the Nice terror attack. The Tour's 13th stage only went ahead amid heightened security after
Published 16 Jul, 2016 12:00am
Rio-bound Aussie wrestler banned for doping

Rio-bound Aussie wrestler banned for doping

Australian wrestler Vinod Kumar has been suspended for four years after failing a doping test, with the Australian Olympic team moving on Friday to have him withdrawn from their Rio-bound squad. Kumar qualified for next month's Games in Brazil in the Grec
Published 16 Jul, 2016 12:00am
PCB chairman praises Pakistan 'A' team

PCB chairman praises Pakistan 'A' team

Pakistan Cricket Board (PCB) Chairman Shaharyar Khan has congratulated Pakistan 'A' team on its comprehensive eight-wicket victory in its second unofficial test against Sri Lanka 'A' at New Road ground in Worcestershire. Chairman PCB spoke to Pakistan 'A'
Published 16 Jul, 2016 12:00am
Czechs lead France as Rosol stuns Tsonga

Czechs lead France as Rosol stuns Tsonga

Lukas Rosol handed the Czech Republic a 1-0 lead over France in their Davis Cup World Group quarter-final tie on Friday after beating Jo-Wilfried Tsonga in a five-set thriller. The 78th-ranked Rosol stunned world number 10 Tsonga 6-4, 3-6, 4-6, 7-6 (10/8)
Published 16 Jul, 2016 12:00am
Mickelson retains Open advantage on dreich day at Troon

Mickelson retains Open advantage on dreich day at Troon

Phil Mickelson followed his stunning opening round with a solid 69 in miserable weather conditions at Royal Troon on Friday to lead the British Open at 10 under par. The American had led overnight after equalling the lowest ever round in a major champions
Published 16 Jul, 2016 12:00am
England begin India tour at new Test venues

England begin India tour at new Test venues

Two cricketing backwaters that have never hosted a Test match before will stage the opening salvos of England's high-profile five-match series against India later this year, officials said Friday. The cities of Rajkot and Visakhapatnam will host the first
Published 16 Jul, 2016 12:00am
Yasir runs through England as Aamir strikes at last

Yasir runs through England as Aamir strikes at last

Yasir Shah became the first leg-spinner in 20 years to take a five-wicket haul in a Test innings at Lord's to leave Pakistan well-placed at stumps on Friday's second day of their series opener with England. At the close, England were 253 for seven in repl
Published 16 Jul, 2016 12:00am