Print - 2016-10-08
Conservative leader set to become Croatia's next PM

Conservative leader set to become Croatia's next PM

Head of Croatia's main conservative HDZ party Andrej Plenkovic is set to become the country's new prime minister after a government deal with a junior partner was confirmed Friday. HDZ, which won the September 11 snap election with 61 deputies but fell sh
Published 08 Oct, 2016 12:00am
Brazil's longest-ever banking strike ends

Brazil's longest-ever banking strike ends

Banks were reopening Friday in Brazil after a 31-day strike ended with employees getting some if not all of the pay rise demanded. About half of bank branches around Brazil had shuttered for the longest strike in the sector's history. Employees had demand
Published 08 Oct, 2016 12:00am
Brazil to have scant supplies of robusta coffees for export

Brazil to have scant supplies of robusta coffees for export

Brazil, the world's top coffee producer and exporter, is unlikely to have sizeable lots of robustas to export in the current commercial crop year (2016/17, July-June), Nelson Carvalhaes, head of exporters council Cecafa, said on Friday. Brazil has almost
Published 08 Oct, 2016 12:00am
Gold rises in Europe but still set for worst week this year
Currency

Gold rises in Europe but still set for worst week this year

Gold rose on Friday after US payrolls data missed expectations, weighing on the dollar, but remained on track for its biggest weekly drop this year after an earlier jump in the US currency pushed prices through key chart levels. A crash in the pound sent
Published 08 Oct, 2016 12:00am
Gold slips in Asia

Gold slips in Asia

Gold fell for a ninth straight session on Friday on a stronger dollar ahead of key US jobs data and the metal was headed for its worst weekly dip in over three years on increased expectations of a Federal Reserve rate rise by year end. Spot gold slipped 0
Published 08 Oct, 2016 12:00am
Gold remains down in New York

Gold remains down in New York

Gold fell for the eighth straight session on Thursday, slipping to a four-month low, pressured by a stronger dollar after US weekly jobless claims fell and ahead of key data that could put the Federal Reserve on track to raise interest rates this year.
Published 08 Oct, 2016 12:00am
Palm oil sees sharpest weekly drop in three months
Currency

Palm oil sees sharpest weekly drop in three months

Malaysian palm oil futures reversed gains made earlier in the day to fall on Friday evening, weighed down by expectations of rising output and profit taking despite a weaker ringgit, which lifted the market earlier in the day. A weaker ringgit, palm's tra
Published 08 Oct, 2016 12:00am
Copper rises as dollar pares gains on US jobs data

Copper rises as dollar pares gains on US jobs data

Copper rose on Friday after the dollar pared gains on data showing US employers took on fewer workers than expected in September, indicating the Federal Reserve could be more cautious about raising interest rates. A weaker dollar boosts the buying power o
Published 08 Oct, 2016 12:00am
US Midwest corn, soya bids mostly steady

US Midwest corn, soya bids mostly steady

Spot basis bids for corn and soyabeans held mostly steady in the US Midwest on Wednesday as futures for the crops edged lower, keeping fresh sales to a minimum during the harvest, grain merchants said.
Published 08 Oct, 2016 12:00am
HRW wheat bids rise

HRW wheat bids rise

Hard red winter wheat spot basis bids on Wednesday rose 6 cents per bushel for trains destined for the US Gulf Coast and held steady at interior elevators on minimal farmer sales, dealers said. Producers also watched as Chicago Board of Trade K.C. wheat f
Published 08 Oct, 2016 12:00am
Cotton market: Hectic trade activity ahead of Ashura holidays
Cotton

Cotton market: Hectic trade activity ahead of Ashura holidays

A sustained buying by mills again witnessed on the cotton market ahead of Ashura holidays, dealers said on Friday. The official spot rate was unchanged at Rs 6000, dealers said. In Sindh, seed cotton prices were at Rs 2900-3100 and in Punjab rates of Phut
Published 08 Oct, 2016 12:00am
Activities at Karachi and Qasim ports

Activities at Karachi and Qasim ports

The Karachi Port handled 106,184 tonnes of cargo comprising 81,243 tonnes of import cargo and 24,941 tonnes of export cargo including 5,113 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday The total import cargo of 81,24
Published 08 Oct, 2016 12:00am
US natural gas futures rise on low production

US natural gas futures rise on low production

US natural gas futures gained almost 3 percent on Wednesday on forecasts for US production to fall to a two-year low and news that a big pipeline in Canada will shut for work next week. Front-month gas futures for November delivery on the New York Mercant
Published 08 Oct, 2016 12:00am
US FOB Gulf corn and soya offers mostly steady

US FOB Gulf corn and soya offers mostly steady

Export premiums for corn and soyabeans shipped from the US Gulf Coast were mostly steady on Wednesday amid a lull in demand and rising supplies from a bumper US harvest, traders said. CIF barge basis values for both corn and soyabeans eased on Wednesday o
Published 08 Oct, 2016 12:00am
Daily trading report of PMEX
Cotton

Daily trading report of PMEX

At Pakistan Mercantile Exchange Limited (PMEX), on Thursday value traded was PKR 3.56 billion and the number of lots traded was 9,898. PMEX Commodity Index closed at 2,870. Major business was contributed by gold amounting to PKR 1.27 billion, followed by
Published 08 Oct, 2016 12:00am
European wheat futures higher in thin trade

European wheat futures higher in thin trade

European wheat futures turned higher in late trade on Wednesday in the wake of sharp gains in Chicago, but volumes traded remained thin, traders said. December milling wheat on Paris-based Euronext, unofficially closed 0.2 percent higher at 160.50 euros a
Published 08 Oct, 2016 12:00am
Corrections
Cotton

Corrections

In the Cotton Analysis published on 7 October 2016, the weight of the current crop cotton bales should be read as 170 Kgs per bale pertaining to recent assessment of the Cotton Crop Assessment Committee and not 155 Kgs per bales printed inadvertently. The
Published 08 Oct, 2016 12:00am
Bollywood can do it better

Bollywood can do it better

Despite having no credible evidence to support its farce of a "surgical strike," India tried to get away with this blatant falsehood, mainly to impress its own population but also the international community. Indian commentators and defence analysts duly
Published 08 Oct, 2016 12:00am
KARACHI CHRONICLE: Why ask us to plant more trees?

KARACHI CHRONICLE: Why ask us to plant more trees?

Why ask us to plant more trees when hundreds are cut down by builders, developers, crime fighters, and even prize-winning gardeners who do not like falling leaves to destroy the manicured beauty of their lawns. Trees are lungs of earth. They take in carbo
Published 08 Oct, 2016 12:00am
Tax fossil fuels or risk kids' future: US climate scientist

Tax fossil fuels or risk kids' future: US climate scientist

The planet's three most dangerous greenhouse gases are rising, and fossil fuels must be taxed to protect children from the costly turmoil of rising seas and extreme storms, world-renowned climate scientist James Hansen warned Tuesday.
Published 08 Oct, 2016 12:00am
ART FACTS: Drawings for progression

ART FACTS: Drawings for progression

Achromatic drawings by Syed Hassan Mujtaba leave loud impression on viewers at Sanat Gallery, Karachi. Titled "A Monochromatic Episode" the solo show highlighted the code of conducts that deemed normal persuaded by the society to carve a better future gen
Published 08 Oct, 2016 12:00am
Rosetta: What did Europe's comet mission uncover?

Rosetta: What did Europe's comet mission uncover?

Europe's Rosetta spacecraft, switched off last Friday after a 12-year odyssey, carried eleven scientific instruments to sniff and photograph a comet from all angles.
Published 08 Oct, 2016 12:00am
Why top fashion models never smile

Why top fashion models never smile

They wear the world's most beautiful and expensive clothes yet their faces are the picture of blank boredom.
Published 08 Oct, 2016 12:00am
Civil War hero US South still cannot embrace

Civil War hero US South still cannot embrace

Rarely has Hollywood produced a character as stubborn and cussed as Newton Knight, the hoary hero of "Free State of Jones", the American Civil War epic starring Oscar-winning Matthew McConaughey.
Published 08 Oct, 2016 12:00am
Slum girl's rise to chess champ, Disney heroine gives Ugandans hope

Slum girl's rise to chess champ, Disney heroine gives Ugandans hope

With stinking streams snaking around clusters of shacks and piles of garbage, Katwe - west of Uganda's capital Kampala - looks just like any other African slum. But one woman and a Hollywood movie about her are about to lift the poverty-stricken neighbour
Published 08 Oct, 2016 12:00am
'Recycled Orchestra' turns garbage into gold

'Recycled Orchestra' turns garbage into gold

Festering alongside mountains of stinking trash under the sweltering South American sun, Cateura is a long way from the conservatories of Prague or Vienna.
Published 08 Oct, 2016 12:00am
'Jackie' paints mystery of First Lady after assassination

'Jackie' paints mystery of First Lady after assassination

Film director Pablo Larrain said his portrayal of Jacqueline Kennedy in the aftermath of her husband's assassination is not a biopic but rather a chance to look at an intriguing and painful story from the point of view of the former first lady.
Published 08 Oct, 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 08 Oct, 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 08 Oct, 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 (October 07, 2016).

Published 08 Oct, 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 (October 07, 2016).

Published 08 Oct, 2016 12:00am
Money Market Report
Currency

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (October 07, 2016).
Published 08 Oct, 2016 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (October 07, 2016).

Published 08 Oct, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (October 07, 2016).

Published 08 Oct, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (October 07, 2016).

Published 08 Oct, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (October 07, 2016).

Published 08 Oct, 2016 12:00am
Indian cotton exports to Pakistan slump
Cotton

Indian cotton exports to Pakistan slump

Rising hostilities between India and Pakistan have brought their $822 million-a-year trade in cotton to a juddering halt, as traders who are worried about uncertainty over supplies and driven by patriotism hold off signing new deals. The nuclear-armed riv
Published 08 Oct, 2016 12:00am
Indian cotton exports to Pakistan slump
Cotton

Indian cotton exports to Pakistan slump

Rising hostilities between India and Pakistan have brought their $822 million-a-year trade in cotton to a juddering halt, as traders who are worried about uncertainty over supplies and driven by patriotism hold off signing new deals. The nuclear-armed riv
Published 08 Oct, 2016 12:00am
Indian cotton exports to Pakistan slump
Cotton

Indian cotton exports to Pakistan slump

Rising hostilities between India and Pakistan have brought their $822 million-a-year trade in cotton to a juddering halt, as traders who are worried about uncertainty over supplies and driven by patriotism hold off signing new deals. The nuclear-armed riv
Published 08 Oct, 2016 12:00am
India to completely seal border by 2018: Rajnath

India to completely seal border by 2018: Rajnath

Union home minister Rajnath Singh on Friday said that the 2300-km India-Pakistan border would be sealed by December 2018 for which a time-bound action plan will be prepared, according to Times of India. The newspaper said the Union home minister made the
Published 08 Oct, 2016 12:00am
India to completely seal border by 2018: Rajnath

India to completely seal border by 2018: Rajnath

Union home minister Rajnath Singh on Friday said that the 2300-km India-Pakistan border would be sealed by December 2018 for which a time-bound action plan will be prepared, according to Times of India. The newspaper said the Union home minister made the
Published 08 Oct, 2016 12:00am
Offshore companies: no investment made by registered companies: SECP

Offshore companies: no investment made by registered companies: SECP

The Securities and Exchange Commission of Pakistan (SECP) has found that no direct investment has been made by the companies registered in Pakistan in the offshore companies listed in Panama Papers. According to the SECP's brief received by the National A
Published 08 Oct, 2016 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 08 Oct, 2016 12:00am
Offshore companies: no investment made by registered companies: SECP

Offshore companies: no investment made by registered companies: SECP

The Securities and Exchange Commission of Pakistan (SECP) has found that no direct investment has been made by the companies registered in Pakistan in the offshore companies listed in Panama Papers. According to the SECP''s brief received by the National
Published 08 Oct, 2016 12:00am
BOARD MEETINGS
Cotton

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 08 Oct, 2016 12:00am
Cement sector leads decline

Cement sector leads decline

The benchmark KSE-100 index Friday lost 51.69 points and closed at 41,200.48 due to selling, mainly in the cement sector. Trading activity also remained low as the daily trading volumes decreased to 462.871 million shares as compared to 774.863 million sh
Published 08 Oct, 2016 12:00am
Cement sector leads decline

Cement sector leads decline

The benchmark KSE-100 index Friday lost 51.69 points and closed at 41,200.48 due to selling, mainly in the cement sector. Trading activity also remained low as the daily trading volumes decreased to 462.871 million shares as compared to 774.863 million sh
Published 08 Oct, 2016 12:00am
Cement sector leads decline

Cement sector leads decline

The benchmark KSE-100 index Friday lost 51.69 points and closed at 41,200.48 due to selling, mainly in the cement sector. Trading activity also remained low as the daily trading volumes decreased to 462.871 million shares as compared to 774.863 million sh
Published 08 Oct, 2016 12:00am
BRIndex30 sheds 25.15 points

BRIndex30 sheds 25.15 points

On Friday, BRIndex30 opened at 23,828.39 points. It touched an intraday high of 23,912.85 points and an intraday low of 23,717.26 points and closed at 23,803.24 points which was -25.15 points or -0.11 percent lower than previous close. Total volume was 26
Published 08 Oct, 2016 12:00am
BRIndex30 sheds 25.15 points

BRIndex30 sheds 25.15 points

On Friday, BRIndex30 opened at 23,828.39 points. It touched an intraday high of 23,912.85 points and an intraday low of 23,717.26 points and closed at 23,803.24 points which was -25.15 points or -0.11 percent lower than previous close. Total volume was 26
Published 08 Oct, 2016 12:00am
G20 warns over populist politicians touting anti-globalisation

G20 warns over populist politicians touting anti-globalisation

The G20 warned Friday of the risks to the global economy of populist politicians playing up anti-globalisation sentiments to win votes. The grouping of 20 international economic powers suggested that the forces that have put Republican Donald Trump a step
Published 08 Oct, 2016 12:00am
G20 warns over populist politicians touting anti-globalisation

G20 warns over populist politicians touting anti-globalisation

The G20 warned Friday of the risks to the global economy of populist politicians playing up anti-globalisation sentiments to win votes. The grouping of 20 international economic powers suggested that the forces that have put Republican Donald Trump a step
Published 08 Oct, 2016 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (October 07, 2016).

Published 08 Oct, 2016 12:00am
G20 warns over populist politicians touting anti-globalisation

G20 warns over populist politicians touting anti-globalisation

The G20 warned Friday of the risks to the global economy of populist politicians playing up anti-globalisation sentiments to win votes. The grouping of 20 international economic powers suggested that the forces that have put Republican Donald Trump a step
Published 08 Oct, 2016 12:00am
Q1FY17: SRB witnesses 16 percent growth in revenue

Q1FY17: SRB witnesses 16 percent growth in revenue

The Sindh Revenue Board (SRB) has witnessed 16 percent growth in its revenue collection during the first quarter of current fiscal year. According to official statistics, the SRB collected Rs 17.2 billion on account of Sindh Sales Tax (SST) from July 2016
Published 08 Oct, 2016 12:00am
Rangers issues high security alert

Rangers issues high security alert

Pakistan Rangers (Sindh) have issued Moharram-related high security alert urging people to keep their CNICs and vehicles documents with them to avoid difficulty during snap checking. Aaj News quoted a spokesman for the Rangers (Sindh) as saying on Friday
Published 08 Oct, 2016 12:00am