News Archives for Print - 2016-09-09

Print - 2016-09-09

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (September 08, 2016).

Published 09 Sep, 2016 12:00am

China stocks fluctuated in a narrow range on Thursday and finished roughly flat as positive news on the data front was offset by receding hopes for additional monetary policy support. The CSI300 index of the largest listed companies in Shanghai and Shenzh

Published 09 Sep, 2016 12:00am

Hot and dry weather Predicted

The Met Office on Thursday forecast mainly hot and dry weather for the most parts of the country in next 24 hours. However, it said that rain-thunderstorm was expected at a few places of Kashmir and adjoining Northeast Punjab over the period. "Continental

Published 09 Sep, 2016 12:00am

Partly Facetious: The guy has become delusional

"So Mian sahib has got the Chitral vote you reckon?"

Published 09 Sep, 2016 12:00am

Forthcoming elections Chairman LBF optimistic

The Lahore Businessmen Front (LBF) Chairman, Muhammad Amjad Chaudhry has claimed to make a clean sweep in the forthcoming elections of the Lahore Chamber of Commerce and Industry (LCCI) and to serve traders and industrialists without discrimination. Speak

Published 09 Sep, 2016 12:00am

LCCI seminar: all efforts on to exploit vast mineral resources: minister

Punjab government is making all out efforts to exploit vast mineral resources of the province to boost economy of the country. This was stated by Punjab Minister for Mines & Minerals Chaudhry Sher Ali while addressing a seminar on "Development & Promotion

Published 09 Sep, 2016 12:00am

Kisan Package of CM Punjab Steps being taken to complete implementation

Secretary Agriculture Punjab Captain Muhammad Mahmud has said that steps are being taken for the complete implementation of historical Kisan Package of CM Punjab for achieving targets of agriculture sector development by providing its benefits to every fa

Published 09 Sep, 2016 12:00am

PCJCCI suggests adoption of Chinese taxation model

Pak-China Joint Chamber of Commerce and Industry (PCJCCI) President Shah Faisal Afridi Thursday suggested adoption of Chinese taxation model for re-designing the tax recovery system. He was speaking at the PCJCCI meeting here on Thursday where Senior Advi

Published 09 Sep, 2016 12:00am

British Council, KP sign pact on teacher training

An agreement has been signed at British Council Headquarters London by CEO British Council Ciarán Devane & KP Elementary & Secondary Education Department Minister M Atif Khan. According to agreement for the first time in the history of Khyber Pakhtunkhwa,

Published 09 Sep, 2016 12:00am

SCCI, PEEP sign MoU

A memorandum of Understanding (MoU) has been signed between Sialkot Chamber of Commerce and Industry (SCCI) and PEEP, a USAID project. SCCI President Mansoor Ahmed and Chief of Party USAID Punjab Muhammad Junaid signed the MoU. The aim of signing of MoU w

Published 09 Sep, 2016 12:00am

DG LDA to supervise working of 'One- Window Cell'

With the objective of expeditious disposal of public issues and transforming LDA into a vibrant people friendly organisation, Director General Lahore Development Authority, Nabeel Javed has decided to personally supervise the working of LDA's One Window C

Published 09 Sep, 2016 12:00am

Cotton

Trade, investment: Uzbek team visits APTMA Punjab to explore opportunities

A Special Working Group from Uzbekistan visited the All Pakistan Textile Mills Association (APTMA) Punjab office here on Thursday to explore bilateral trade opportunities. In his welcome address, Senior Vice Chairman of the Association Syed Ali Ahsan stre

Published 09 Sep, 2016 12:00am

APBF moot to help restore investor trust: Rajwana

Punjab Governor Rafiq Rajwana said on Thursday that Pakistan was a worst victim of extremism but the government's hard work was yielding fruits to put the country's economy back on track. He was speaking at a day-long moot of All Pakistan Business Forum e

Published 09 Sep, 2016 12:00am

Cotton

'Agriculture experts should come up with viable policy solutions'

Punjab Agriculture Secretary Muhammad Mahmood has said that agricultural researchers should come up with viable policy solutions to different problems facing the agriculture sector in order to make agriculture profitable. He was addressing at a joint meet

Published 09 Sep, 2016 12:00am

Development of nursing: Punjab government going to initiate JV with private sector

Punjab health department is going to initiate joint venture with the private sector for the improvement and development of nursing profession, Secretary Specialised Healthcare & Medical Education Punjab Najam Ahmad Shah, said. While addressing the annual

Published 09 Sep, 2016 12:00am

KTBA for extending date of depositing taxes

Karachi Tax Bar Association (KTBA) has requested the Federal Board of Revenue (FBR) to extend the date of depositing taxes deducted under Rule 43 of the Income Tax Rules 2002 till September 25, 2016, following Eid holidays announced from September 12 to 1

Published 09 Sep, 2016 12:00am

Country's enemies trying to harm CPEC: Balochistan CM

Balochistan chief minister Nawab Sanaullah Zehri on Thursday said that war on terrorism would be taken to logical end. He said that Balochistan people are fighting for defence of the country. He was speaking as chief guest at the 59th passing out parade o

Published 09 Sep, 2016 12:00am

Transportation of hides: PTA south zone demands NOCs

Chairman of Pakistan Tanners Association (PTA) S Z Rehan Hannan has expressed his dismay over non-issuance of no objection certificates (NOCs) for transportation and handling sacrificial hides and skins during three days of Eid-ul-Azha. Speaking at a meet

Published 09 Sep, 2016 12:00am

Cotton

Senate body decides against taking up PASSCO issue

The Senate Standing Committee on National Food Security and Research on Thursday decided not to take up the issue related to the termination of services of 41 employees of Pakistan Agricultural Storage & Services Corporation Limited (PASSCO) as the issue

Published 09 Sep, 2016 12:00am

Promotion of investment: Turkish CG vows support to SBI

Turkish Consul General Murat Mustafa Onart has assured cooperation to the Sindh Board of Investment (SBI) for promotion investment and increase exchange of delegation between two countries. According to details, Naheed Memon chairperson SBI called on Cons

Published 09 Sep, 2016 12:00am

Forex reserves decline by $55 million

The country's liquid foreign exchange reserves declined by $55 million during the last week due to external debt payment. The State Bank of Pakistan Thursday reported that the country's total foreign exchange reserves declined to $22.984 billion on Septem

Published 09 Sep, 2016 12:00am

Increase in power tariff: JI opposes K-E's demand

Jamaat-e-Islami (JI) Karachi, Chief Engr Hafiz Naeem-ur-Rehman on Thursday opposed the K-Electric's demand for an increase in power tariff, saying that "tariff rise is unjustified". At a meeting held by the National Electric Power Regularity Authority (Ne

Published 09 Sep, 2016 12:00am

BISP introduces biometric system for beneficiaries

The BISP management has introduced the biometric system in releasing the financial assistance to beneficiaries in transparent manner and in this the beneficiaries of Mirpurkhas Division would receive quarterly instalments of the amount in the month of Sep

Published 09 Sep, 2016 12:00am

SC to examine Section 25(a) of NAB law

The Supreme Court will examine the scope of Section 25 (a) of the National Accountability Ordinance 1999 which appears to militate against constitutional provisions but at the same time empowers the NAB Chairman to accept offer of 'Voluntary Return' of il

Published 09 Sep, 2016 12:00am

Senate body for formulating policy to eradicate poverty

Senate Special Committee on Marginalized Segments of Society believes that there is a dire need to formulate a policy at government level for eradication of poverty to overcome marginalized segmentation of the society. Senate Special Committee, on the dir

Published 09 Sep, 2016 12:00am

PAAPAM delegation to participate in 'Automechanika' expo

Some 15 local auto parts manufacturers are going to participate in the international auto exhibition 'Automechanika' to be organized in Frankfurt Germany from September 13 to 17, 2016. Talking to Business Recorder, Mashood Ali Khan, senior vice-chairman o

Published 09 Sep, 2016 12:00am

Islamabad should act against terror groups harming neighbours: US

United States on Thursday said "Pakistan has to go after those groups that seek to do harm to its neighbours and seek refuge on Pakistani soil." US Department of State spokesperson Mark Toner, "We have a strong bilateral relationship with Pakistan, but on

Published 09 Sep, 2016 12:00am

29 pilgrims die in Saudi Arabia so far

A total of 29 intending pilgrims of Pakistan have so far died natural death in Saudi Arabia during Hajj 2016, Director General Hajj Sajid Yousfani said. Briefing Hajj Advisory Committee (HAC) in Makkah Mukarma, he said the contingent of 1635 muavineen and

Published 09 Sep, 2016 12:00am

Government to ease difficulties of registered Afghan refugees

Governor Khyber Pakhtunkhwa Engr Iqbal Zafar Jhagra has said the Afghans are our brothers and every step will be taken to resolve the difficulties being faced by Afghan refugees, living here with legal support and permission. He was talking to a 10-member

Published 09 Sep, 2016 12:00am

Death of Uzbek President: President sends condolence letter

President Mamnoon Hussain Thursday expressed his deep grief and sorrow over the demise of Uzbek President Islam Abduganiyevich Karimov. In a letter to Acting President of Uzbekistan, Nigmatilla Tulkinovich Yuldashev, the president expressed his condolence

Published 09 Sep, 2016 12:00am

Panama Leaks issue: NA body chief accused of toeing the government line

Members of National Assembly Standing Committee on Finance have accused the Chairman of Finance Committee of making the committee completely ineffective by toeing the government line. "The Committee has not been playing its role" the members of the opposi

Published 09 Sep, 2016 12:00am

Pharmaceutical exports stand at Rs 200 million

The country's pharmaceutical exports currently stand at Rs 200 million and efforts are afoot to enhance exports while 80 to 90 percent essential drugs known as Life Saving Drugs are being prepared locally. Parliamentary Secretary for National Health Servi

Published 09 Sep, 2016 12:00am

Services structure: C&W KP sub-engineers set one-month deadline for approval

Expressing grave concern over the delay in up-gradation of services, Sub-Engineers of Communication and Works (C&W) Department of Khyber Pakhtunkhwa, on Thursday gave a one-month deadline to provincial government for approval of their service structure ot

Published 09 Sep, 2016 12:00am

Seven cops among 8 hurt in Peshawar roadside blast

At least seven policemen and a passer-by were injured when a roadside bomb hit a Rapid Response Force (RRF) van near Warsak Road on Thursday morning. As per details, the van carrying police officials was patrolling in Darmangi Village when the bomb explod

Published 09 Sep, 2016 12:00am

SECP issues promotors' guides in six languages

The Securities and Exchange Commission of Pakistan (SECP) has issued promotors' guides in six international languages: English, Chinese, Turkish, Arabic, German and Persian. The step will encourage and facilitate foreign investment in the country. Availab

Published 09 Sep, 2016 12:00am

KP introduces internal audit to improve transparency

The provincial government of Khyber Pakhtunkhwa has introduced Internal Audit to further improve transparency and accountability in the government machinery. This was stated by Khyber Pakkhtunkhwa Minister for Finance Muzaffar Said while addressing a meet

Published 09 Sep, 2016 12:00am

Major terror attacks: PPP, MQM urge PM to remove interior minister

The two major opposition political parties - Pakistan People's Party (PPP) and Muttahida Qaumi Movement (MQM) on Thursday demanded the Prime Minister to seek resignation from Interior Minister Chaudhary Nisar Ali Khan for his failure to pre-empt major ter

Published 09 Sep, 2016 12:00am

Cyber crimes: IMC proposes FIA as 'designated agency'

The Inter-Ministerial Committee (IMC) has proposed to nominate the Federal Investigation Agency (FIA) as "designated agency" for dealing with the Cyber Crimes under the Prevention of Electronic Crimes Act (PECA), 2016. The first meeting of the Inter-Minis

Published 09 Sep, 2016 12:00am

Prisoners granted remission

Chief Minister Khyber Pakhtunkhwa Pervez Khattak had formed a special team headed by Special Secretary Home and Tribal Affairs, Siraj Ahmad and District Session Judge and Civil Judge as its members that visited Central Jail Peshawar Thursday and disposed

Published 09 Sep, 2016 12:00am

'Booming domestic tourism has caught Pakistan unprepared'

Aftab-ur-Rehman Rana is the President of Islamabad-based Sustainable Tourism Foundation Pakistan (STFP). Mr Rana is a renowned tourism professional who has worked with both government and non-government organisation on matters of tourism policy as well as

Published 09 Sep, 2016 12:00am

'Booming domestic tourism has caught Pakistan unprepared'

Published 09 Sep, 2016 12:00am

Good olive gone bad

Ministry of National Food Security and Research is reportedly sitting on a fact-finding inquiry conducted by a parliamentary panel against a "specific group" associated with Pakistan Agriculture Research Council (PARC) involved in massive bungling in oliv

Published 09 Sep, 2016 12:00am

Issuance of fake CNICs: FIA arrests two officials of Nadra

Federal Investigation Agency (FIA) has arrested two officials of National Database and Registration Authority (NADRA) for their alleged involvement in issuance of fake Computerised National Identity Cards (CNICs) to foreigners. As per direction of Ministe

Published 09 Sep, 2016 12:00am

Attacks have killed 44 Pakistanis working on CPEC since 2014

Militants trying to disrupt construction of an "economic corridor" linking China with Pakistan's coast have killed 44 workers since 2014, an official said on Thursday, a rising toll likely to reinforce Chinese worry about the project's security. The China

Published 09 Sep, 2016 12:00am

Syria regime retakes key Aleppo district from rebels

Pro-regime forces overran a strategically important district on the outskirts of the Syrian city of Aleppo Thursday, sealing off desperate residents in opposition-held neighbourhoods. The government advance in Ramussa has completely closed access routes i

Published 09 Sep, 2016 12:00am

Turkey allows German MPs to visit base after Armenia 'genocide' row

Turkey on Thursday lifted a months-long ban on German lawmakers visiting a Nato airbase near Syria, easing a bitter row sparked by a Bundestag vote labelling the Ottomans' World War I-era massacre of Armenians a "genocide". The foreign ministers of both c

Published 09 Sep, 2016 12:00am

Kazakhstan shifts PM to security chief

Kazakhstan's ageing President Nursultan Nazarbayev shifted long-time ally Karim Massimov from prime minister to security chief, amid speculation over the authoritarian leader's eventual successor. Deputy Prime Minister Bakytzhan Sagintayev has temporarily

Published 09 Sep, 2016 12:00am

'Mole?': Abbas dismisses claim he was Soviet agent

Israeli researchers say they have uncovered a document showing Palestinian president Mahmud Abbas was a Soviet agent in the 1980s, but his office called it a smear campaign and pointed to suspicious timing. The claim first emerged in a report by Israeli p

Published 09 Sep, 2016 12:00am

Turkey scraps winter clock change, Cyprus to see time split

Turkey will not turn its clocks back from this winter, staying on summer time all year round in a bid to better utilise daylight, according to a decree published in the official gazette on Thursday. The decision will also apply on the Ankara-backed breaka

Published 09 Sep, 2016 12:00am

US military closes one of the Guantanamo Bay prison camps

The US military has closed a maximum-security detention center at Guantanamo Bay, an official said Thursday, as the controversial military prison's population continues to shrink. Guantanamo's Camp 5 lockup, which was opened in 2004, will be converted int

Published 09 Sep, 2016 12:00am

EU-Canada air passenger deal illegal

An EU-Canada deal to share air passenger data in a bid to fight terrorism cannot be passed in its present form as it would breach privacy laws, the chief legal advisor to the European Union's top court said Thursday. The European Court of Justice's advoca

Published 09 Sep, 2016 12:00am

Obama, Duterte clash over brutal crime war

US President Barack Obama urged Philippine leader Rodrigo Duterte Thursday to conduct his crime war "the right way", as the pair clashed at an Asian summit over the crackdown that has claimed 3,000 lives. The showdown was a fitting climax to a brutal few

Published 09 Sep, 2016 12:00am

Obama warns China over South China Sea ruling

US President Barack Obama warned Beijing Thursday it could not ignore a tribunal's ruling rejecting its sweeping claims to the South China Sea, driving tensions higher in a territorial row that threatens regional security. The dispute has raised fears of

Published 09 Sep, 2016 12:00am

Heavy fighting as Taliban push into Tarin Kot

The Taliban stormed into Tarin Kot Thursday, triggering heavy fighting around government buildings as panicked residents scrambled to flee the capital of southern Uruzgan province, the latest city to be targeted by insurgents. Pitched battles prompted urg

Published 09 Sep, 2016 12:00am

EU to give debit cards to refugees in Turkey

The EU announced plans Thursday to distribute debit cards to refugees in Turkey to help them meet basic needs as part of a multi-billion euro aid deal with Ankara to curb migrant flows to Europe. Working with Turkish and UN officials, the European Union s

Published 09 Sep, 2016 12:00am

British parliament should decamp for £3.9 billion repairs

British lawmakers should move out of London's iconic Houses of Parliament for six years while the crumbling building is renovated to avert a crisis, a parliamentary report said Thursday. Behind its neo-Gothic facades topped by the world-famous Big Ben clo

Published 09 Sep, 2016 12:00am

Two-tier Test plan axed after India-led backlash

Controversial plans to create a two-tier Test system have been scrapped by cricket's world governing body after the powerful Indian board led a backlash, senior officials said Thursday. The proposal for a de facto premier league featuring the top seven si

Published 09 Sep, 2016 12:00am

Serena holds off Halep to reach US Open semi-finals

World number one Serena Williams fended off spirited Simona Halep on Wednesday, downing the fifth-seeded Romanian 6-2, 4-6, 6-3 to reach the US Open semi-finals. Williams, seeking a record seventh US Open title and 23rd Grand Slam crown, fired 18 aces en

Published 09 Sep, 2016 12:00am

Nishikori stuns Murray at US Open

Kei Nishikori stunned Andy Murray to reach the US Open semi-finals, holding his nerve in a gripping final set to move two wins away from becoming the first Asian man to capture a Grand Slam singles title. Japanese star Nishikori clinched a dramatic 1-6, 6

Published 09 Sep, 2016 12:00am

Rio opens Games for 'superhumans'

Rio de Janeiro opened the Paralympic Games on Wednesday with samba, parading wheelchairs, giant balloons - and loud booing of Brazil's president - at a sold-out Maracana stadium. The extraordinary sight of US Paralympian Aaron "Wheelz" Fotheringham jumpin

Published 09 Sep, 2016 12:00am

New era for F1 as Liberty agrees $8 billion takeover

Formula One entered a new era on Wednesday as US billionaire John Malone's Liberty Media agreed a takeover that values the motorsport at $8 billion and raises questions over the role of its colourful, long-time mastermind, Bernie Ecclestone. In a deal tha

Published 09 Sep, 2016 12:00am

Ghani Khan secures bronze in Asia karate competitions

The martial arts player of Landikotal, Khyber Agency won bronze medal in 16th Asia Full Contact Karate competitions held in Bosan city of South Korea. The tribal player, Ghani Khan while representing Pakistan in the combat bagged the bronze medal in 85 kg

Published 09 Sep, 2016 12:00am

Pakistan win lone T20 against England

Sharjeel Khan and Khalid Latif smashed England's bowlers all round Old Trafford as Pakistan ended their tour in style with a crushing nine-wicket win in Wednesday's lone Twenty20 international. Left-hander Sharjeel made 59 and fellow opener Latif 59 not o

Published 09 Sep, 2016 12:00am

Swimmer Lochte slapped with 10-month suspension

Swimmer Ryan Lochte has been hit with a 10-month suspension following his bogus gunpoint robbery story during a drunken night out at the Rio Olympics, US sports authorities said Thursday. The US Olympic Committee and USA Swimming, in a joint release, anno

Published 09 Sep, 2016 12:00am

European leagues slam hasty Champions League reforms

The European Professional Football Leagues (EPFL) slammed as "unacceptable" planned reforms of the Champions League and threatened Thursday to programme matches at the same time as UEFA competitions. The continental leagues' governing body also called for

Published 09 Sep, 2016 12:00am

Aussie, kiwi up

The Australian dollar got a small lift on Thursday after China's August imports unexpectedly rose for the first time in 22 months in a sign that demand in the world's second-largest economy was picking up. The Australian dollar rose as high as $0.7687, no

Published 09 Sep, 2016 12:00am

Currency

Sterling at one-week low against euro

Sterling fell to its lowest in a week against the euro on Thursday after the European Central Bank stuck to its timetable for its stimulus programme and President Mario Draghi said an extension of its asset purchase plan had not been discussed. The pound

Published 09 Sep, 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 09 Sep, 2016 12:00am

Currency

Asia FX eases ahead of ECB decision

Most emerging Asian currencies eased on Thursday as investors cut long positions ahead of the European Central Bank's monetary policy decision later in the day. The falls in regional currencies were limited as data showing China's imports unexpectedly ros

Published 09 Sep, 2016 12:00am

Currency

Sri Lankan rupee up

The Sri Lankan rupee ended firmer on Thursday as late inward remittances ahead of the annual haj pilgrimage surpassed the mild dollar demand from importers, dealers said. The spot rupee ended at 145.00/15 per dollar, compared with Wednesday's close of 145

Published 09 Sep, 2016 12:00am

Currency

Yen rises in New York after report of BoJ discord

The dollar fell to a more than one-week low against the yen on Wednesday after a report from the Sankei newspaper that Bank of Japan policymakers are divided ahead of the central bank's next meeting. The Bank of Japan is split on whether to add stimulus a

Published 09 Sep, 2016 12:00am

Currency

Euro hits two-week high in Europe

The euro hit a two-week high on Thursday after the European Central Banks left interest rates unchanged and stopped short of a formal commitment to further expand its huge asset-purchase programme. The ECB repeated that it would only extend its 1.74 trill

Published 09 Sep, 2016 12:00am

Currency

Yen clings to gains in Asia

The yen held firm against the dollar on Thursday, clinging to its recent gains after a Bank of Japan deputy governor gave few fresh clues on whether the central bank will expand its monetary stimulus this month. Analysts said the comments by BoJ Deputy Go

Published 09 Sep, 2016 12:00am

Currency

China's yuan weakens

China's yuan weakened on Thursday, with traders expecting the Chinese currency to trade sideways, saying views about further yuan depreciation for the near term had lessened. Both Chinese and foreign banks were purchasing dollars in the morning session, t

Published 09 Sep, 2016 12:00am

FTSE outperforms Europe after Draghi disappoints

UK shares gave up early gains but outperformed European peers on Thursday after the European Central Bank held rates steady and did not change its asset-buying programme. The ECB kept the timetable for its quantitative easing programme unchanged and Presi

Published 09 Sep, 2016 12:00am

Most Southeast Asian stocks cautious

Most Southeast Asian stock markets were sluggish on Thursday, with Thailand falling more than 2 percent, as investors waited for a crucial European Central Bank meeting later in the day for clues regarding its monetary policy. Nearly all analysts polled b

Published 09 Sep, 2016 12:00am

Sri Lankan shares down

Sri Lanka's benchmark index hit a more than one-month closing low on Thursday, dragged down by large cap shares, as investors largely stayed on the sidelines amid confusion over falling bond yields, stockbrokers said. The benchmark Colombo stock index end

Published 09 Sep, 2016 12:00am

European shares drop as ECB's Draghi cools stimulus talk

European stock markets fell on Thursday, turning lower after the European Central Bank stuck to its timetable for its stimulus programme and President Mario Draghi said an extension had not been discussed. The ECB held interest rates steady, as expected,

Published 09 Sep, 2016 12:00am

Indian shares hit 18-month high

Indian shares closed at their highest in 18 months on Thursday, tracking gains in regional equities, as better-than-expected Chinese trade data boosted companies such as Tata Steel. The benchmark BSE index ended 0.41 percent higher at 29,045.28, while the

Published 09 Sep, 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 Thursday (September 08, 2016).

Published 09 Sep, 2016 12:00am

US Midwest corn, soya bids steady

Corn and soyabean spot basis bids were mostly steady to lower in the US Midwest on Tuesday amid minimal demand from processors and shippers ahead of the autumn harvest, dealers said.r at higher prices.

Published 09 Sep, 2016 12:00am

Cotton

Trade activity down on easy supply of Phutti

Some leading mills kept on the sidelines on the cotton market on Thursday because of easy supply of Phutti ahead of Eid-ul-Azha holidays, dealers said. The official spot rate continued to fall, losing Rs 100 to Rs 5,850, dealers said. In Sindh, seed cotto

Published 09 Sep, 2016 12:00am

Activity at Karachi & Qasim ports

The Karachi Port handled 107,117 tonnes of cargo comprising 86,984 tonnes of import cargo and 20,133 tonnes of export cargo including 3,970 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday The total import cargo of 86,

Published 09 Sep, 2016 12:00am

Daily trading report of PMEX

On Wednesday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 4,307 million and the number of lots traded was 10,591. PMEX Commodity Index closed at 3,005. Major business was contributed by gold amounting to PKR 1,655 million followed by curr

Published 09 Sep, 2016 12:00am

EU wheat prices down to seven-week low

European wheat prices dipped to a seven-week low on Tuesday, still pressured by hefty global supplies which were also weighing on US markets. December milling wheat on the Paris-based Euronext, closed down 1.1 percent at 159.25 euros a tonne unofficially,

Published 09 Sep, 2016 12:00am

Message from Chairman Sitara Chemical Industries Limited

Mr Prime Minister, on behalf of Sitara Group I would like to thank you for your presence here to inaugurate our Coal Fired Power plant. Your presence is a matter of honour for us as well as for the business community. This shows your profound interest and

Published 09 Sep, 2016 12:00am

Currency

Message from Prime Minister Islamic Republic of Pakistan

I felt thrilled when I got the invitation from Mian Idrees to come here. As my connection with him is because of his father Mr Hajji Bashir who was exceptionally respectable and God-fearing man and to look after the poor he set up numerous social being or

Published 09 Sep, 2016 12:00am

Highlights of PM Speech

In 2018 power, lack of electricity will be controlled.

Published 09 Sep, 2016 12:00am

CFPP

Sitara Chemical is the largest energy consumer in Pakistan, keeping in view the increasing energy demands we signed a contract in 2014 with Chinese firm SHANDONG YANGGUANG ENGINEERING DESING INSTITUTE and now Alhamdulillah we are inaugurating the plant

Published 09 Sep, 2016 12:00am

Aaj TV - Friday's schedule

All timings are in PST (Pakistan Standard Time).

Published 09 Sep, 2016 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 09 Sep, 2016 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 09 Sep, 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 09 Sep, 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 09 Sep, 2016 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Thursday (September 08, 2016).

Published 09 Sep, 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 Thursday (September 08, 2016).

Published 09 Sep, 2016 12:00am

Currency

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	281.17
USD PKR Interbank Buying / Apr 25	280.97
USD to Japanese Yen / Apr 25	143.67
USD to Swiss Franc / Apr 25	0.83
Pound Sterling to USD / Apr 25	1.33
Euro to USD / Apr 25	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 25	5,525.21
India Sensex / Apr 25	79,212.53
Tokyo Nikkei / Apr 25	35,705.74
Nasdaq / Apr 25	17,382.94
Hang Seng / Apr 25	21,980.74
FTSE 100 / Apr 25	8,415.25
Dow Jones / Apr 25	40,113.50
Germany DAX 30 / Apr 25	22,242.45
France CAC40 / Apr 25	7,536.26

Item	Value
Crude Oil USD/Barrel / Apr 25	63.17
Karachi Cotton PKR/37.32 KG / Apr 25	16,985
Gold 10 Grams PKR / Apr 25	298,950
Gold Spot USD/Ounce / Apr 25	3,327.60
Cotton US¢/pound / Apr 25	68.80
Petrol/Litre / Apr 27	254.63
Diesel/Litre / Apr 27	258.64

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Apr 25 First Capital Equities Limited(FCEL)	4.92 ▲ 0.96 (24.24%)
PICIC Ins.Ltd. / Apr 25 PICIC Insurance Limited(PIL)	3.14 ▲ 0.5 (18.94%)
Dewan Mushtaq / Apr 25 Dewan Mushtaq Textile Mills Limited(DMTM)	7.99 ▲ 1 (14.31%)
Pak. P.V.C. / Apr 25 Pakistan PVC Limited(PPVC)	8.26 ▲ 1 (13.77%)
J.K.Spinning / Apr 25 J.K. Spinning Mills Limited(JKSM)	61.90 ▲ 5.63 (10.01%)
At-Tahur Ltd. / Apr 25 At-Tahur Limited(PREMA)	86.74 ▲ 7.89 (10.01%)
Shezan Inter. / Apr 25 Shezan International Limited(SHEZ)	203.03 ▲ 18.46 (10%)
Sunrays Textile / Apr 25 Sunrays Textile Mills Limited(SUTM)	156.38 ▲ 14.22 (10%)
PIA Holding Co.B / Apr 25 PIA Holding Company Limited B(PIAHCLB)	3,282.29 ▲ 298.39 (10%)
S.S.Oil / Apr 25 S.S.Oil Mills Limited(SSOM)	357.05 ▲ 32.46 (10%)

Stock	Price
Engro Powergen / Apr 25 Engro Powergen Qadirpur Limited(EPQL)	28.71 ▼ -10.13 (-26.08%)
Ghani Chemworld / Apr 25 Ghani Chemworld Limited(GCWL)	8 ▼ -1 (-11.11%)
Samba Bank / Apr 25 Samba Bank Limited(SBL)	8.01 ▼ -0.99 (-11%)
Arpak Int. / Apr 25 Arpak International Investments Ltd.(ARPAK)	56.66 ▼ -6.29 (-9.99%)
Blue-Ex Ltd / Apr 25 Blue-Ex Limited (GEM)(GEMBLUEX)	47.38 ▼ -5.26 (-9.99%)
Saif Power Ltd. / Apr 25 Saif Power Limited(SPWL)	12.31 ▼ -1.3 (-9.55%)
Shaheen Ins. / Apr 25 Shaheen Insurance Company Limited(SHNI)	5.25 ▼ -0.46 (-8.06%)
Equity Modaraba / Apr 25 First Equity Modaraba(FEM)	2.75 ▼ -0.24 (-8.03%)
GlaxoSmithKline / Apr 25 GlaxoSmithKline Pakistan Limited(GLAXO)	409.57 ▼ -34.89 (-7.85%)
AKD Hospitality / Apr 25 AKD Hospitality Limited(AKDHL)	136.65 ▼ -10.81 (-7.33%)

Stock	Volume
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	22,789,497 ▼ -0.02
Power Cement / Apr 25 Power Cement Limited(POWER)	21,965,614 ▼ -0.17
Sui South Gas / Apr 25 Sui Southern Gas Company Limited(SSGC)	21,567,163 ▼ -0.56
B.O.Punjab / Apr 25 The Bank of Punjab(BOP)	19,825,526 ▼ -0.08
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	17,030,953 ▼ -0.04
Aisha Steel Mill / Apr 25 Aisha Steel Mills Limited(ASL)	16,751,796 ▲ 0.59
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	16,717,262 ▼ -0.17
Pak Int.Bulk / Apr 25 Pakistan International Bulk Terminal(PIBTL)	16,382,803 ▲ 0.14
Sui North Gas / Apr 25 Sui Northern Gas Pipelines Limited(SNGP)	13,338,455 ▲ 0.33
Secure Logistics / Apr 25 Secure Logistics Group Limited(SLGL)	12,723,116 ▲ 1.13

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