News Archives for Print - 2016-08-19

New York cotton

The following were the fluctuations observed during the day:

Published 19 Aug, 2016 12:00am

Mass raids in Turkey against 'Gulen-linked' businesses

Turkey on Thursday ordered the seizure of assets belonging to 187 businessmen suspected of links to US-based Islamic preacher Fethullah Gulen, accused by Ankara of masterminding last month's attempted coup, state media reported. Police launched a vast ope

Published 19 Aug, 2016 12:00am

Curfew slapped on eastern Congo towns

Authorities slapped a dawn-to-dusk curfew on two north-east Congo towns Thursday, following deadly clashes over the government's failure to prevent repeated civilian massacres. Interior Minister Evariste Boshab announced the 7:00 pm to 6:00 am curfew on B

Published 19 Aug, 2016 12:00am

At least 10 dead as car bombs hit Libya forces near Sirte

Twin car bomb attacks killed at least 10 fighters with pro-government Libyan forces on Thursday near Sirte, where they are battling to oust jihadists from the Islamic State group. The operations centre for the forces loyal to Libya's Government of Nationa

Published 19 Aug, 2016 12:00am

Controversial German historian dies

Controversial German historian Ernst Nolte, who sparked a massive dispute in the 1980s over his thesis on the cause of Nazism, died Thursday aged 93, this family told AFP. Nolte had contended that it was the Russian Revolution in 1917 - in which the monar

Published 19 Aug, 2016 12:00am

UN steps up war of words with Duterte

The war of words between Philippine President Rodrigo Duterte and the United Nations escalated Thursday, with a UN envoy warning that "state actors" could be held responsible over hundreds of killings in a controversial anti-drug crackdown. More than 1,50

Published 19 Aug, 2016 12:00am

World's 'largest aircraft' gets off ground

The world's "largest aircraft" embarked on its maiden flight on Wednesday, four days after a previous attempt was abandoned due to technical issues. The Airlander 10 - part plane, part airship - took to the skies amid cheers and applause from crowds gathe

Published 19 Aug, 2016 12:00am

Ukraine reports heaviest rebel shelling attack for a year

Ukraine on Thursday reported the heaviest rebel shelling attack in the separatist east for a year in what the president said could be a prelude to a full-scale Russian invasion. Military spokesman Oleksandr Motuzyanyk said insurgent strikes had doubled fr

Published 19 Aug, 2016 12:00am

Yemen army launches bid to break rebel siege of Taez

Yemen troops on Thursday launched a bid to break a rebel siege of third city Taez, with fierce fighting leaving five soldiers and 13 insurgents dead, military sources said. Soldiers attacked positions of the Iran-backed Shiite Huthi rebels from the east,

Published 19 Aug, 2016 12:00am

Thompson clinches Jamaican sprint double as US sweep hurdles

Elaine Thompson captured a magnificent Olympic sprint double for Jamaica on Wednesday as Brianna Rollins led a first ever clean sweep of medals for the United States in the 100m hurdles. Thompson, who sprinted to gold in the 100m on Saturday, stunned Dutc

Published 19 Aug, 2016 12:00am

China table tennis domination complete in Rio

China maintained their total grip on Olympic table tennis stretching back to the 2000 Games on Wednesday as their men's team beat Japan to win gold in Rio on Wednesday. China may be smarting at a lower than expected medal haul in Rio but their table tenni

Published 19 Aug, 2016 12:00am

Rio's first medallist doper banned for strychnine use

A Kyrgyzstan weightlifter on Thursday became the first athlete excluded from the Rio Olympics for doping, the Court of Arbitration for Sport said. Asian champion Izzat Artykov, 22, who won the bronze medal in the 69kg contest, tested positive for strychni

Published 19 Aug, 2016 12:00am

France win team jumping gold, 40 years after Montreal

France overcame a litany of setbacks to clinch the Olympic team jumping title on Wednesday to follow up their team eventing gold last week. French riders Phillippe Rozier, whose father won France's last team jumping gold 40 years ago in Montreal, Kevin St

Published 19 Aug, 2016 12:00am

Clement powers to 400m hurdles title

Kerron Clement of the United States stormed to victory in the men's 400m hurdles on Thursday, holding off a furious late challenge from Kenya's Boniface Tumuti to take gold. Clement powered over in a world leading time of 47.73sec, just ahead of Tumuti in

Published 19 Aug, 2016 12:00am

Neymar leads Brazil to Germany rematch

Neymar scored twice, including the fastest goal in Olympic history, as Brazil set up a blockbuster revenge showdown with Germany for Olympic gold by thrashing Honduras 6-0 on Wednesday. The sides will meet on Saturday at the Maracana just two years after

Published 19 Aug, 2016 12:00am

'Fight' puts new twist in US Olympic swimmers scandal

Reports emerged Thursday that Ryan Lochte and three other US Olympic swimmers claiming to have been mugged in Rio in fact got into a fight with an armed gas station security guard. The unconfirmed reports on ABC News and Brazilian news sites said an alter

Published 19 Aug, 2016 12:00am

Pakistan hammer Ireland by 255 runs in first ODI

Pakistan thrashed Ireland by a mammoth 255 runs in the first one-day international at Malahide on Thursday. This was the seventh largest victory, in terms of runs, in the 3,767 match history of one-day internationals. Ireland, chasing 338 for victory, wer

Published 19 Aug, 2016 12:00am

Largest wins by runs in ODIs

Pakistan thrashed Ireland by 255 runs in the first one-day international at Malahide on Thursday. It was the seventh largest win in terms of runs in the 3,767 match history of ODIs as Ireland, chasing a target of 338, were skittled out for just 82. Larges

Published 19 Aug, 2016 12:00am

South Africa 'scarred' by India, admits Du Plessis

Stand-in South Africa Test captain Faf du Plessis admitted Thursday that his team had been "scarred" by their mauling on spin-friendly pitches in India last year. Du Plessis, who has replaced injured AB de Villiers, said South Africa would be looking to m

Published 19 Aug, 2016 12:00am

Messi, Turan lead Barca Super Cup romp

Arda Turan and Lionel Messi blew away Sevilla as Barcelona lifted their 12th Spanish Super Cup with a 3-0 victory at the Camp Nou Wednesday. With the hosts already leading by two goals from the first leg, Sevilla - bar an early flurry of chances - were on

Published 19 Aug, 2016 12:00am

Currency

Aussie and kiwi rally

The Australian dollar received a fillip on Thursday after better-than-expected domestic jobs figures supported expectations that interest rates are likely to stay on hold for a couple of months at least. The New Zealand dollar also rose on speculation the

Published 19 Aug, 2016 12:00am

Currency

Sterling reaches two-week high

Sterling jumped a full cent to a two-week high against the dollar on Thursday after UK retail sales for July beat forecasts, apparently unaffected by Britain's vote to leave the European Union. The retail sales report was the first to cover a full month f

Published 19 Aug, 2016 12:00am

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Thursday. 78.40-78.40 (previous 78.40-78.40).

Published 19 Aug, 2016 12:00am

Currency

Sparse Fed rate hike signal supports Asia FX

Most emerging Asian currencies rose against the dollar on Thursday as the minutes of the US Federal Reserve indicated the central bank is unlikely to raise interest rates soon. Regional currencies, however, eased against the yen as strength in the Japanes

Published 19 Aug, 2016 12:00am

Currency

Sri Lankan rupee steady

The Sri Lankan rupee ended steady for a fourth straight session on Thursday as dollar sales by exporters were offset by demand for the US currency from banks, dealers said. Importer demand for dollars however weighed on the currency, they said. The spot r

Published 19 Aug, 2016 12:00am

Yuan rises

China's yuan firmed on Thursday as the dollar was broadly weaker after the release of minutes of the Federal Reserve's July meeting that showed policymakers opposed to a near term hike in interest rates outnumbered those in favour of one. The People's Ban

Published 19 Aug, 2016 12:00am

Dollar down against euro, yen and Swiss franc in New York

The US dollar erased early gains and edged lower against the euro, yen and Swiss franc on Wednesday after minutes from the Federal Reserve's July meeting showed general agreement that more data was needed before the next rate increase from the central ban

Published 19 Aug, 2016 12:00am

Early trade in New York: dollar hovers near eight-week lows

The US dollar hovered near its lowest against the euro and Swiss franc in nearly eight weeks on Thursday, a day after minutes from the Federal Reserve's July meeting showed a bias among policymakers against raising interest rates soon. The minutes showed

Published 19 Aug, 2016 12:00am

Currency

Dollar falls to seven-week low against majors in Europe

The dollar fell to a seven-week low against a basket of major currencies on Thursday, after minutes from the Federal Reserve's July meeting showed a bias among policymakers against raising interest rates soon. The minutes, released on Wednesday, showed me

Published 19 Aug, 2016 12:00am

Currency

Dollar slips in Asia

The dollar hit a seven-week low against a basket of major currencies on Thursday, after minutes from the Federal Reserve's July meeting showed policy committee members opposed to a near-term rate hike outnumbered those who wanted one. The minutes released

Published 19 Aug, 2016 12:00am

FTSE edges up, helped by miner rally

UK shares edged up on Thursday, breaking a two-day losing streak after commodity-related stocks gained on the back of a weaker dollar. The bluechip FTSE 100 index was up 0.1 percent to 6,868.96 points at the close, in line with the broader risk-on mood ac

Published 19 Aug, 2016 12:00am

Most Southeast Asian stocks rise

Most Southeast Asian stock markets closed higher on Thursday, in line with Asian peers, as risk-taking appetite returned after minutes of the US Federal Reserve's July policy meeting indicated a rate hike is still some way off. Fed policymakers agree that

Published 19 Aug, 2016 12:00am

Australian shares hit 10-day low

Australian shares shed 0.49 percent on Thursday after a string of mixed earnings reports from the likes of fund manager AMP, and the Australian dollar rose, dampening the country's export potential. The S&P/ASX 200 index fell by 27.25 points to 5,507.80 a

Published 19 Aug, 2016 12:00am

Taiwan stocks flat

Taiwan stocks stayed flat in cautious trading on Thursday, but CTBC Financial Holdings led banking shares higher on media reports a prominent investor is hoping to seize control of CTBC. As of 0312 GMT, the main TAIEX index was nearly unchanged at 9,118.4

Published 19 Aug, 2016 12:00am

European shares snap losing streak

European shares rose on Thursday to break a four-day losing streak, boosted by dovish US Federal Reserve minutes as financial and industrial stocks stood out. The pan-European STOXX 600 index was up 0.7 percent at the close. This index is down about 7 per

Published 19 Aug, 2016 12:00am

China stocks fall

China stocks surrendered early gains and ended Thursday lower, as financial shares dropped while property plays pared sharp gains on profit-taking. The bluechip CSI300 index fell 0.3 percent, to 3,364.49, while the Shanghai Composite Index lost 0.2 percen

Published 19 Aug, 2016 12:00am

Indian shares surge

Indian shares ended higher on Thursday, snapping two days of losses, as global sentiment got a boost after minutes of the US Federal Reserve's July meeting showed policymakers were split over whether to raise interest rates soon. The broader NSE index ros

Published 19 Aug, 2016 12:00am

Spanish 10-year bond yield hits record low

The yield on Spain's 10-year government bond fell to a record low on Thursday, pushed down by signs of progress to end the country's political deadlock. Spain's acting prime minister Mariano Rajoy said on Thursday he had taken a "decisive step" towards fo

Published 19 Aug, 2016 12:00am

Spanish 10-year bond yield hits record low

The yield on Spain's 10-year government bond fell to a record low on Thursday, pushed down by signs of progress to end the country's political deadlock. Spain's acting prime minister Mariano Rajoy said on Thursday he had taken a "decisive step" towards fo

Published 19 Aug, 2016 12:00am

Treasury debt prices move higher

US Treasury debt prices rose on Wednesday with the two-year yield retreating from a three-week high, as the minutes from the Federal Reserve meeting in July hinted at a general agreement that more data are required for an interest rate increase.

Published 19 Aug, 2016 12:00am

Treasury debt prices move higher

US Treasury debt prices rose on Wednesday with the two-year yield retreating from a three-week high, as the minutes from the Federal Reserve meeting in July hinted at a general agreement that more data are required for an interest rate increase.

Published 19 Aug, 2016 12:00am

Hong Kong stocks rise

Hong Kong shares followed Asian markets higher on Thursday as minutes from the US Federal Reserve's latest meeting showed that the chances of a September interest rate hike appear slim. The market was also bolstered by investors seeking to front-run expec

Published 19 Aug, 2016 12:00am

Wall Street ends up slightly as Fed minutes show split over rate timing

US stocks ended slightly higher on Wednesday after minutes from the Federal Reserve's last policy meeting showed voting members divided over whether to raise interest rates soon. While policymakers agree that more economic data is needed before raising ra

Published 19 Aug, 2016 12:00am

Thursday's early afternoon trade: stocks little changed

Wall Street pared earlier gains and was little changed in early afternoon trading on Thursday, as a drop in technology stocks offset gains in energy companies on the back of higher oil prices. Wal-Mart also helped prop up the market, rising as much as 3.1

Published 19 Aug, 2016 12:00am

Tokyo shares slump

Tokyo shares slumped on Thursday as fading expectations of an imminent Federal Reserve rate hike sparked a rally in the yen against the dollar, hitting exporters including Toyota and Nissan. A rise in the yen is a negative for Japan Inc, making exporters

Published 19 Aug, 2016 12:00am

Sri Lankan shares post three-month high

Sri Lankan shares posted a three-month closing high on Thursday, led by gains in bluechips such as John Keells Holdings Plc and Ceylon Tobacco Company Plc, while foreign investor buying also boosted sentiment. The benchmark Colombo stock index ended 0.23

Published 19 Aug, 2016 12:00am

Petchems support Saudi index, Qatar retreats after surge on FTSE

Gulf stock markets were narrowly mixed in quiet trade on Thursday as petrochemical shares supported Saudi Arabia's index but Qatar pulled back after a surge this week due to hopes for inflows of foreign funds. The Saudi stock index closed 0.1 percent high

Published 19 Aug, 2016 12:00am

Myanmar's Suu Kyi in China with dam project on agenda

Myanmar's de facto leader Aung San Suu Kyi on Thursday met with China's premier, discussing a stalled dam project and the prospect of building a bridge near the countries' troubled joint-border. Suu Kyi's first major foreign trip since her administration

Published 19 Aug, 2016 12:00am

Nestle posts sluggish first half profits

Nestle, the world's largest food company, on Thursday reported a 9.1 percent fall in profits through the first six months of 2016, but said its sluggish performance should be reversed in a strong second half. The firm posted 4.1 billion Swiss francs($4.3

Published 19 Aug, 2016 12:00am

Nestle posts sluggish first half profits

Nestle, the world's largest food company, on Thursday reported a 9.1 percent fall in profits through the first six months of 2016, but said its sluggish performance should be reversed in a strong second half. The firm posted 4.1 billion Swiss francs($4.3

Published 19 Aug, 2016 12:00am

Wal-Mart boosts forecast on higher earnings

Wal-Mart Stores reported higher second-quarter earnings and lifted its profit forecast Thursday after notching higher sales in the US. Earnings for the quarter ending July 31 were $3.8 billion, up 8.6 percent from the year-ago period. Sales were up 0.5 pe

Published 19 Aug, 2016 12:00am

Wal-Mart boosts forecast on higher earnings

Wal-Mart Stores reported higher second-quarter earnings and lifted its profit forecast Thursday after notching higher sales in the US. Earnings for the quarter ending July 31 were $3.8 billion, up 8.6 percent from the year-ago period. Sales were up 0.5 pe

Published 19 Aug, 2016 12:00am

British retail sales rebound sharply post Brexit vote

Retail sales in Britain, a key driver of the economy, rebounded 1.4 percent in July from June's drop, official data showed Thursday, indicating no immediate fallout from Brexit but analysts warn of a tough year ahead. Sales by volume rose far higher than

Published 19 Aug, 2016 12:00am

Currency

Japanese exports drop in July on surging yen

Japan's exports in July suffered their sharpest monthly fall in seven years, data showed Thursday, as a surging yen clouds the country's trade picture, with shipments of cars, ships and steel all tumbling. The gloomy export figures come despite Japan logg

Published 19 Aug, 2016 12:00am

Volkswagen hits brakes as parts supplier fails to deliver

Volkswagen said Thursday production at several factories has been severely disrupted due to a shortage of components, a new headache for the German car giant that is still grappling with a massive pollution cheating scandal. Work at the several factories,

Published 19 Aug, 2016 12:00am

US labour market firming; factories still struggling

The number of Americans filing for unemployment benefits fell more than expected last week, reinforcing views of labour market strength that could encourage the Federal Reserve to raise interest rates soon. Another report on Thursday showed a mild improve

Published 19 Aug, 2016 12:00am

Fed's Dudley upbeat on US employment, return of middle-wage jobs

Strong recent US jobs growth and a long-awaited return of middle-wage employment are two positive signs for the US labour market, an influential Federal Reserve policymaker said on Thursday, reinforcing his positive message on the broader economy.

Published 19 Aug, 2016 12:00am

French joblessness below 10 percent for first time in four years

France's unemployment rate dropped below 10 percent for the first time since 2012, statistics bureau Insee said Thursday, eight months before presidential elections in which job creation is expected to be a key issue. Socialist President Francois Hollande

Published 19 Aug, 2016 12:00am

Cisco cuts 5,500 jobs as profit climbs

Cisco Systems on Wednesday announced plans to cut seven percent of its global workforce as it shifts its focus from networking hardware to software and services. The plan to eliminate 5,500 positions came as earnings reports showed Cisco's profit for the

Published 19 Aug, 2016 12:00am

Cisco cuts 5,500 jobs as profit climbs

Cisco Systems on Wednesday announced plans to cut seven percent of its global workforce as it shifts its focus from networking hardware to software and services. The plan to eliminate 5,500 positions came as earnings reports showed Cisco's profit for the

Published 19 Aug, 2016 12:00am

Canada's new child benefit set to boost back-to-school shopping

Canada's newly revamped cash handout to families ahead of the start of a fresh school year could spur retail sales during a period of weak economic growth and high consumer debt. The Canada Child Benefit gives eligible families an annual benefit of up to

Published 19 Aug, 2016 12:00am

Currency

ECB stresses 'readiness to act' in face of Brexit headwinds

European Central Bank policymakers warned of "new headwinds" for the eurozone following Britain's vote to quit the EU, according to minutes of their July meeting released on Thursday. "Downside risks had clearly increased," in the wake of Brexit, noted th

Published 19 Aug, 2016 12:00am

Philippine food giant buys Australian snack maker

Philippine food giant Universal Robina Corp said Wednesday it would buy Snack Brands Australia for US $460 million, the latest big deal in a global shopping spree by Filipino firms reflecting the nation's economic rise. URC said it had sealed an agreement

Published 19 Aug, 2016 12:00am

Russia halts sale of stake in Bashneft oil firm

The Russian government has unexpectedly halted the sale of its stake in oil producer Bashneft planned as part of a privatisation drive to shore up dwindling financial reserves, reports said Wednesday. The decision to postpone the sale indefinitely, report

Published 19 Aug, 2016 12:00am

Chile economy shrinks in second quarter

Chile's gross domestic product shrunk by 0.4 percent in the second quarter of 2016 from the first quarter, as mining in the world's biggest copper exporter contracted, the central bank said on Thursday. The fall was the first contraction from one quarter

Published 19 Aug, 2016 12:00am

Deutsche Boerse boosts majority for LSE tie-up

Shareholders in German stock exchange operator Deutsche Boerse have accepted the firm's planned merger with the London Stock Exchange by a large majority, the company said in a statement Wednesday. Deutsche Boerse said investors holding 89 percent of its

Published 19 Aug, 2016 12:00am

Currency

Mongolian Olympians left unpaid as country wrestles with crisis

As mostly sports-mad Mongolians cheer on the country's two medalists at the Rio Olympic Games, deepening economic troubles at home mean the new government cannot afford to pay its athletes. Four years ago, Mongolia was riding high on world-beating 12.3 pe

Published 19 Aug, 2016 12:00am

Thailand raises investment target in wake of referendum

Thailand has raised its target for investment pledges this year to $15.9 billion, officials said on Thursday, hoping that sentiment improved after Thais voted to accept a new military-backed constitution that paves the way for an election in 2017. Having

Published 19 Aug, 2016 12:00am

Cotton

Steady tone seen on cotton market

Arrivals of current crop cotton (August 2016 / July 2017) are increasing steadily. Reports indicate that the quality of both seed cotton (Kapas/Phutti) and lint cotton has also improved. There is also talk of marginally higher yields per hectare for curre

Published 19 Aug, 2016 12:00am

Cotton

Steady tone seen on cotton market

Arrivals of current crop cotton (August 2016 / July 2017) are increasing steadily. Reports indicate that the quality of both seed cotton (Kapas/Phutti) and lint cotton has also improved. There is also talk of marginally higher yields per hectare for curre

Published 19 Aug, 2016 12:00am

US Plains HRW wheat bids flat

Cash basis bids for hard red winter wheat were unchanged in the southern US Plains on Tuesday as supplies remained ample in the wake of the harvest, grain merchants said. Protein premiums for wheat shipped to and through Kansas City were also flat. K.C. S

Published 19 Aug, 2016 12:00am

Cotton

Prices firm on limited supply of Phutti

A steady trend prevailed on the cotton market on Wednesday as mills indulged in forward buying ahead of Eid-ul-Azha, dealers said. The official spot rate was unchanged at Rs 6,500, dealers said. In Sindh, seed cotton prices gained Rs 50 to Rs 3200-3400, i

Published 19 Aug, 2016 12:00am

Activity at Karachi & Qasim ports

The Karachi Port handled 114,207 tonnes of cargo comprising 90,589 tonnes of import cargo and 23,618 tonnes of export cargo including 5,902 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday The total import cargo of 90,

Published 19 Aug, 2016 12:00am

European vegoils prices mostly lower

Prices on Europe's vegetable oils market were mostly lower on Tuesday, slipping back after the recent strong advance. Some dealers said the run-up in prices had been overdone and the modest decline mirrored a similar trend in Malaysian palm oil futures. E

Published 19 Aug, 2016 12:00am

CBOT wheat futures firmer

Chicago Board of Trade soft red winter wheat futures firmed on Tuesday as weakness in the dollar sparked a mild short-covering bounce, traders said. A falling dollar makes US commodities a safe haven for investors looking for a hedge against inflation. Bu

Published 19 Aug, 2016 12:00am

Brazil cuts winter corn crop forecast

Brazil's government cut its 2016 winter corn crop forecast by 1.1 percent to 42.59 million tonnes on Tuesday from 43.05 million tonnes in July as evidence of drought continues to weigh on the final harvest numbers. In its 11th forecast of the season, crop

Published 19 Aug, 2016 12:00am

Bangladesh tea prices rise

Tea prices in Bangladesh rose for a third straight week at the weekly auction on Tuesday, on strong demand for quality leaf despite a higher volume on offer. Bangladesh tea fetched an average of 225.69 taka ($2.8) per kg at the auction, the 16th of the ne

Published 19 Aug, 2016 12:00am

Cotton

Daily trading report of PMEX

On Wednesday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 5,749 million and the number of lots traded was 12,918. PMEX Commodity Index closed at 3,046. Major business was contributed by gold PKR 2,779 million, followed by currencies throu

Published 19 Aug, 2016 12:00am

Aaj TV - Friday's schedule

All timings are in PST (Pakistan Standard Time).

Published 19 Aug, 2016 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Thursday (August 18, 2016).

Published 19 Aug, 2016 12:00am

Equities retreat

Bears had a field day Thursday on the volatile share market where the KSE-100 index shed 286 points to close at 39,771 points. The benchmark index moved both ways to hit the intraday high and low of 40,214 and 39,742 points. Trading turnover remained almo

Published 19 Aug, 2016 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Thursday (August 18, 2016).

Published 19 Aug, 2016 12:00am

Equities retreat

Bears had a field day Thursday on the volatile share market where the KSE-100 index shed 286 points to close at 39,771 points. The benchmark index moved both ways to hit the intraday high and low of 40,214 and 39,742 points. Trading turnover remained almo

Published 19 Aug, 2016 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Thursday (August 18, 2016).

Published 19 Aug, 2016 12:00am

Equities retreat

Bears had a field day Thursday on the volatile share market where the KSE-100 index shed 286 points to close at 39,771 points. The benchmark index moved both ways to hit the intraday high and low of 40,214 and 39,742 points. Trading turnover remained almo

Published 19 Aug, 2016 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Thursday (August 18, 2016).

Published 19 Aug, 2016 12:00am

BRIndex30 falls 114.04 points

On Thursday, BRIndex30 opened at 23,536.92 points. It touched an intraday high of 23,655.10 points and an intraday low of 23,390.02 points and closed at 23,422.88 points which was -114.04 points or -0.48 percent lower than previous close. Total volume was

Published 19 Aug, 2016 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Thursday (August 18, 2016).

Published 19 Aug, 2016 12:00am

BRIndex30 falls 114.04 points

On Thursday, BRIndex30 opened at 23,536.92 points. It touched an intraday high of 23,655.10 points and an intraday low of 23,390.02 points and closed at 23,422.88 points which was -114.04 points or -0.48 percent lower than previous close. Total volume was

Published 19 Aug, 2016 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Thursday (August 18, 2016).

Published 19 Aug, 2016 12:00am

Input tax adjustments: FBR, SRB evolve consensus on revised figures

The Federal Board of Revenue (FBR) and Sindh Revenue Board (SRB) have developed consensus to submit revised figures of input tax adjustments for data matching so that a mutually agreed figures be finalised on payments of adjusted amounts by both the sides

Published 19 Aug, 2016 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Thursday (August 18, 2016).

Published 19 Aug, 2016 12:00am

Input tax adjustments: FBR, SRB evolve consensus on revised figures

The Federal Board of Revenue (FBR) and Sindh Revenue Board (SRB) have developed consensus to submit revised figures of input tax adjustments for data matching so that a mutually agreed figures be finalised on payments of adjusted amounts by both the sides

Published 19 Aug, 2016 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Thursday (August 18, 2016).

Published 19 Aug, 2016 12:00am

Input tax adjustments: FBR, SRB evolve consensus on revised figures

The Federal Board of Revenue (FBR) and Sindh Revenue Board (SRB) have developed consensus to submit revised figures of input tax adjustments for data matching so that a mutually agreed figures be finalised on payments of adjusted amounts by both the sides

Published 19 Aug, 2016 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Thursday (August 18, 2016).

Published 19 Aug, 2016 12:00am

Corridor energised, Cabinet told

The Federal Cabinet, which met here on Thursday, was informed that a considerable part of portfolio under the China Pakistan Economic Corridor (CPEC) has been energised while the remaining is in the pipeline. The Prime Minister directed timely completion

Published 19 Aug, 2016 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Thursday (August 18, 2016).

Published 19 Aug, 2016 12:00am

Corridor energised, Cabinet told

The Federal Cabinet, which met here on Thursday, was informed that a considerable part of portfolio under the China Pakistan Economic Corridor (CPEC) has been energised while the remaining is in the pipeline. The Prime Minister directed timely completion

Published 19 Aug, 2016 12:00am

Nandipur produces power at cost of Rs 7.25 per unit

A parliamentary panel on Thursday was informed that Nandipur Power Project has produced electricity at a cost of Rs 7.25 per unit. Secretary Water and Power Younus Dagha admitted before the Public Accounts Committee (PAC) that the dual fuel Nandipur Power

Published 19 Aug, 2016 12:00am

Currency	Rate
USD PKR Interbank Selling / Mar 28	281.85
USD PKR Interbank Buying / Mar 28	279.71
USD to Japanese Yen / Mar 28	149.88
USD to Swiss Franc / Mar 28	0.88
Pound Sterling to USD / Mar 28	1.29
Euro to USD / Mar 28	1.08
UK LIBOR % / Mar 27	4.96

Stock	Volume
S&P 500 / Mar 28	5,580.94
India Sensex / Mar 28	77,414.92
Tokyo Nikkei / Mar 28	37,120.33
Nasdaq / Mar 28	17,322.99
Hang Seng / Mar 28	23,426.60
FTSE 100 / Mar 28	8,658.85
Dow Jones / Mar 28	41,583.90
Germany DAX 30 / Mar 28	22,461.52
France CAC40 / Mar 28	7,916.08

Item	Value
Gold 10 Grams PKR / Mar 27	275,205
Crude Oil USD/Barrel / Mar 28	69.10
Karachi Cotton PKR/37.32 KG / Mar 28	17,085
Gold Spot USD/Ounce / Mar 28	3,117.20
Cotton US¢/pound / Mar 28	66.90
Petrol/Litre / Mar 31	255.63
Diesel/Litre / Mar 31	258.64

Stock	Price
Mughal Iron & Steel (R) / Mar 27 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	4.01 ▲ 1 (33.22%)
Parmount Sp. / Mar 27 Paramount Spinning Mills Limited(PASM)	4.10 ▲ 0.59 (16.81%)
Shaheen Ins. / Mar 27 Shaheen Insurance Company Limited(SHNI)	7.50 ▲ 0.97 (14.85%)
Popular Islamic / Mar 27 Popular Islamic Modaraba(PIM)	15.02 ▲ 1.37 (10.04%)
Diamond Ind. / Mar 27 Diamond Industries Limited(DIIL)	33.83 ▲ 3.08 (10.02%)
Sardar Chemical / Mar 27 Sardar Chemical Industries Limited(SARC)	35.95 ▲ 3.27 (10.01%)
J.K.Spinning / Mar 27 J.K. Spinning Mills Limited(JKSM)	69.58 ▲ 6.33 (10.01%)
Data Agro / Mar 27 Data Agro Limited(DAAG)	106.28 ▲ 9.66 (10%)
Leiner Pak Gelat / Mar 27 Leiner Pak Gelatine Limited(LPGL)	121.88 ▲ 11.08 (10%)
Allawasaya Tex / Mar 27 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1,429.95 ▲ 130 (10%)

Stock	Price
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	11.60 ▼ -98.09 (-89.42%)
Elahi Cot. / Mar 27 Elahi Cotton Mills Limited(ELCM)	135.93 ▼ -15.1 (-10%)
Khalid Siraj / Mar 27 Khalid Siraj Textile Mills Limited(KSTM)	8.03 ▼ -0.87 (-9.78%)
PIA Holding Co.B / Mar 27 PIA Holding Company Limited B(PIAHCLB)	874.01 ▼ -93.68 (-9.68%)
Saritow Spinning / Mar 27 Saritow Spinning Mills Limited(SSML)	18.90 ▼ -1.75 (-8.47%)
Cordoba Logistics / Mar 27 Cordoba Logistics & Ventures Limited(CLVL)	12.61 ▼ -1.15 (-8.36%)
Sally Textile / Mar 27 Sally Textile Mills Limited(SLYT)	11.01 ▼ -0.99 (-8.25%)
Masood Textile / Mar 27 Masood Textile Mills Limited(MSOT)	49.06 ▼ -4.27 (-8.01%)
Universal Ins. / Mar 27 The Universal Insurance Company Limited(UVIC)	9.57 ▼ -0.73 (-7.09%)
Al-Khair Gadoon / Mar 27 Al-Khair Gadoon Limited(AKGL)	42 ▼ -3.1 (-6.87%)

Stock	Volume
Cnergyico PK / Mar 27 Cnergyico PK Limited(CNERGY)	45,325,056 ▲ 0.31
Pak Elektron / Mar 27 Pak Elektron Limited(PAEL)	29,179,304 ▲ 0.67
P.S.O. / Mar 27 Pakistan State Oil Company Limited(PSO)	26,879,128 ▲ 1.58
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	20,499,919 ▼ -98.09
WorldCall Telecom / Mar 27 Worldcall Telecom Limited(WTL)	16,191,931 ▼ -0.03
B.O.Punjab / Mar 27 The Bank of Punjab(BOP)	16,148,304 ▼ -0.2
Pak Petroleum / Mar 27 Pakistan Petroleum Limited(PPL)	15,934,134 ▼ -1.85
Engro Fert. / Mar 27 Engro Fertilizers Limited(EFERT)	14,419,464 ▲ 0.5
Fauji Cement / Mar 27 Fauji Cement Company Limited(FCCL)	14,194,696 ▲ 0.53
Maple Leaf Cement / Mar 27 Maple Leaf Cement Factory Limited(MLCF)	11,282,647 ▲ 0.09

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