EFU Aitemad Growth Fund Rates on Monday (January 04, 2017).

People's Party (PPP) won't allow anyone to politicize the China Pakistan Economic Corridor (CPEC). However, the party would be compelled to launch protest in case the smaller provinces stand ignored. PPP fully supports the CPEC and looks forward to seeing

EFU Aitemad Growth Fund Rates on Monday (January 04, 2017).

China has agreed to finance Eastbay Expressway, connecting Gwadar Port and its free zone directly to highway, with Rs 15 billion interest-free loan under the China-Pakistan Economic Corridor (CPEC), said Chairman Gwadar Port Authority (GPA), Dostain Khan

EFU Aitemad Growth Fund Rates on Monday (January 04, 2017).

China has agreed to finance Eastbay Expressway, connecting Gwadar Port and its free zone directly to highway, with Rs 15 billion interest-free loan under the China-Pakistan Economic Corridor (CPEC), said Chairman Gwadar Port Authority (GPA), Dostain Khan

EFU Capital Growth Fund Rates on Monday (January 04, 2017).

China has agreed to finance Eastbay Expressway, connecting Gwadar Port and its free zone directly to highway, with Rs 15 billion interest-free loan under the China-Pakistan Economic Corridor (CPEC), said Chairman Gwadar Port Authority (GPA), Dostain Khan

EFU Capital Growth Fund Rates on Monday (January 04, 2017).

Prime Minister Nawaz Sharif on Wednesday underscored the need for equal distribution of China Pakistan Economic Corridor (CPEC) benefits among the federating units. The Prime Minister stated this while chairing a high-level meeting in which he was briefed

EFU Capital Growth Fund Rates on Monday (January 04, 2017).

Prime Minister Nawaz Sharif on Wednesday underscored the need for equal distribution of China Pakistan Economic Corridor (CPEC) benefits among the federating units. The Prime Minister stated this while chairing a high-level meeting in which he was briefed

EFU Pension Growth Fund Rates on Monday (January 04, 2017).

Prime Minister Nawaz Sharif on Wednesday underscored the need for equal distribution of China Pakistan Economic Corridor (CPEC) benefits among the federating units. The Prime Minister stated this while chairing a high-level meeting in which he was briefed

EFU Pension Growth Fund Rates on Monday (January 04, 2017).

On Wednesday, BRIndex30 opened at 27,218.41 points. It touched an intraday high of 27,445.77 points and an intraday low of 27,005.64 points and closed at 27,049.16 points which was -169.25 points or -0.62 percent lower than previous close. Total volume wa

EFU Pension Growth Fund Rates on Monday (January 04, 2017).

On Wednesday, BRIndex30 opened at 27,218.41 points. It touched an intraday high of 27,445.77 points and an intraday low of 27,005.64 points and closed at 27,049.16 points which was -169.25 points or -0.62 percent lower than previous close. Total volume wa

EFU Managed Growth Fund Rates on Monday (January 04, 2017).

Pakistan Stock Exchange (PSX) opened on strong positive note and the benchmark KSE-100 index crossed 49,000 points psychological level to hit 49,069.69 points intraday high level. However, the index failed to sustain this level as the investors opted to b

EFU Managed Growth Fund Rates on Monday (January 04, 2017).

Pakistan Stock Exchange (PSX) opened on strong positive note and the benchmark KSE-100 index crossed 49,000 points psychological level to hit 49,069.69 points intraday high level. However, the index failed to sustain this level as the investors opted to b

EFU Managed Growth Fund Rates on Monday (January 04, 2017).

Pakistan Stock Exchange (PSX) opened on strong positive note and the benchmark KSE-100 index crossed 49,000 points psychological level to hit 49,069.69 points intraday high level. However, the index failed to sustain this level as the investors opted to b

JLI Capital Growth Takaful Fund Rates on Monday (January 04, 2017).

"The entire case hinges on whether it can be established that the Mayfair properties in London were owned by the Sharif family before 2006," remarked Justice Asif Saeed Khan Khosa on Wednesday. The Panamagate pleas of PTI, Jamaat-e-Islami, Awami Muslim Le

JLI Capital Growth Takaful Fund Rates on Monday (January 04, 2017).

"The entire case hinges on whether it can be established that the Mayfair properties in London were owned by the Sharif family before 2006," remarked Justice Asif Saeed Khan Khosa on Wednesday. The Panamagate pleas of PTI, Jamaat-e-Islami, Awami Muslim Le

JLI Capital Growth Takaful Fund Rates on Monday (January 04, 2017).

JLI Managed Takaful Fund Rates on Monday (January 04, 2017).

JLI Managed Takaful Fund Rates on Monday (January 04, 2017).

JLI Managed Takaful Fund Rates on Monday (January 04, 2017).

JLI Yaqeen Growth Fund Rates on Monday (January 04, 2017).

JLI Yaqeen Growth Fund Rates on Monday (January 04, 2017).

JLI Yaqeen Growth Fund Rates on Monday (January 04, 2017).

JLI Meeseq Fund Rates on Monday (January 04, 2017).

JLI Meeseq Fund Rates on Monday (January 04, 2017).

JLI Meeseq Fund Rates on Monday (January 04, 2017).

Jubilee Life Insurance Capital Growth Fund Rates on Monday (January 04, 2017).

Jubilee Life Insurance Capital Growth Fund Rates on Monday (January 04, 2017).

Jubilee Life Insurance Capital Growth Fund Rates on Monday (January 04, 2017).

Jubilee Life Insurance Managed Growth Fund Rates on Monday (January 04, 2017).

Jubilee Life Insurance Managed Growth Fund Rates on Monday (January 04, 2017).

Jubilee Life Insurance Managed Growth Fund Rates on Monday (January 04, 2017).

The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special Drawing Rights (SDR).

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Wednesday (January 04, 2017).

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (January 04, 2017).

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (January 04, 2017).

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Wednesday (January 04, 2017).

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Wednesday (January 04, 2017).

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (January 04, 2017).

Interest rates on old and incremental FCY deposits on Wednesday (January 04, 2017).

London Interbank Offer Rates on for calculating interest on special US dollar on Wednesday (January 04, 2017).

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Wednesday (January 04, 2017).

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Wednesday (January 04, 2017).

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (January 04, 2017).

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

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

The following were the fluctuations observed during the day:

The following were the fluctuations observed during the day:

All timings are in PST (Pakistan Standard Time).

Rain showers forecast for this week should benefit soyabean crops across Brazil and should not be heavy enough to hamper harvesting of the first shipments of the 2016/17 season, meteorologists said on Tuesday. Brazil, world's largest soyabean exporter, is

On Tuesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,057. The total traded value of Metals, Energy and COTS/FX was recorded at PKR 5.03 billion and the number of lots traded was 14,148. Major business was contributed by gol

ICE Canadian canola futures dropped on Tuesday to a 2-1/2 month low, pressured by improving soybean crop prospects in South America, which also weakened US soy prices. After brisk liquidation of long positions last week, canola may now be oversold and due

Export premiums for soft red winter wheat declined by 3-5 cents per bushel for shipments out of the US Gulf Coast on Tuesday as some shippers discounted prices in efforts to entice international buyers, traders said. Export demand for US soft wheat variet

US natural gas futures on Tuesday dropped over 10 percent, the most in almost three years, on forecasts for temperatures to moderate after a brief cold blast expected this week. Front-month gas futures for February delivery on the New York Mercantile Exch

The Karachi Port handled 120,762 tonnes of cargo comprising 96,952 tonnes of import cargo and 23,810 tonnes of export cargo including 6,898 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday. The total import cargo of 9

Prices moved up on the cotton market on Wednesday in the process of modest trade activity, dealers said. The official spot rate was higher by Rs 50 at Rs 6300, dealers said. In Sindh, seed cotton prices were at Rs 2600-3250, they said that in Punjab, phut

Wheat futures on the Chicago Board of Trade closed lower on Tuesday, retreating from early advances on technical selling and a stronger dollar, which in theory makes US grain less competitive on the world market, traders said. CBOT March wheat settled dow

Tea prices in Bangladesh fell about 2.3 percent at the weekly auction on Tuesday due to large supplies of inferior quality leaf, but sales rose amid tight supplies. Bangladeshi tea fetched an average of 170.56 taka ($2.50) per kg at the auction, compared

ICE cotton futures jumped over 3 percent on Wednesday to hit a near five-month high, amid a weaker dollar. The March cotton contract on ICE Futures US touched a session high of 74.23 cents per lb, a peak since August 9, 2016. The dollar fell against the e

The most-traded copper contract on the Shanghai Futures Exchange dropped 1.1 percent to 45,520 yuan ($6,545) a tonne on Wednesday as the US dollar lost some of its steam. The dollar moved back towards a 14-year peak as US debt yields resumed climbing, mak

Copper rose on Wednesday as the dollar retreated from a 14-year high and Chinese plans to add 2,100 km (746 miles) of track to its railway network this year bolstered demand expectations. Benchmark copper on the London Metal Exchange closed 2.6 percent up

Oil prices ticked higher on Wednesday on expectations that US crude inventories have dropped and on signs that the world's top oil exporters will stick to agreed output cuts that took effect this week. Global benchmark Brent crude futures rose 28 cents to

Benchmark Tokyo rubber futures closed 3.6 percent higher on Wednesday in the first trading session of this year, as a weaker yen and strength in Japanese equities helped improve market sentiment. Earlier in the session, Tokyo Commodity Exchange (TOCOM) fu

The following were Wednesday's Rotterdam vegetable oil prices at 1700 GMT:

The following were Wednesday's Rotterdam vegetable oil prices at 1700 GMT:

Malaysian palm oil futures fell on Wednesday evening after two sessions of gains, tracking weaker rival oilseed soya, though tight supplies because of lower output curbed further losses. Benchmark palm oil futures for March delivery on the Bursa Malaysia

Raw sugar futures on ICE extended their rally to a 1-1/2-month high on Wednesday on sustained concerns of a cane shortage in India, the world's second-largest producer, while coffee jumped on currency strength in major producers Brazil and Vietnam. Cocoa

Gold prices rose 1 percent to a near 3-week high on Tuesday as early gains in stocks and other assets perceived as risky gave up gains and investors fled to save-haven bullion. Platinum and palladium both jumped by more than 4 percent as investors scrambl

Gold prices edged up on Wednesday as buoyant physical demand from major consumers China and India offset the impact of a stronger US dollar. Spot gold was up 0.3 percent at $1,162.68 an ounce by 0639 GMT. Prices touched their highest in three weeks on Tue

Gold touched a near-four week high on Wednesday as the dollar edged back from a 14-year peak and physical demand from major consumers China and India increased. Spot gold climbed to its highest since December 9 at $1,167.83 an ounce and was up 0.5 percent

The purchase of 55,000 tonnes of sugar by Egypt's state commodity buyer GASC on Monday was a direct, non-tender deal, traders said on Tuesday. GASC, the General Authority for Supply Commodities, said on Monday had bought the white sugar for delivery betwe

Growth in Italy's service sector slowed in December, a survey showed on Wednesday, signalling a moderately positive end to the year for the euro zone's third-largest economy. The Markit/ADACI Purchasing Managers Index (PMI) fell to 52.3 in December from 5

Thailand's December headline consumer prices rose on an annual basis for a ninth straight month, driven by higher oil prices and an increased purchases of food and non-alcoholic beverages, commerce ministry data showed on Wednesday. But the inflation rate

The Egyptian cabinet approved on Wednesday the country's first bankruptcy law, Justice Minister Hossam Abdelrahim said, part of an economic reform drive aimed at encouraging investment. The law aims to minimise the need for companies or individuals to res

Morocco's economy grew 1.2 percent year-on-year in the fourth quarter, the country's planning agency said on Wednesday, at the end of a year in which a harsh drought hurt the key agriculture sector. The agency forecast national output would expand 3.9 per

Banks piled into the US high-grade corporate bond market again on Wednesday, providing five of eight deals on offer as the asset class continued its roaring start to 2017. A day after 11 borrowers kicked off the new year with nearly US $20bn of new debt,

Insurers paid out around $50 billion for natural disaster claims last year, almost double 2015's payout of $27 billion, reinsurer Munich Re said in its annual natural catastrophe review on Wednesday. Earthquakes in Japan and devastating floods in China -

Brazil's services activity continued to weaken in December, although at a slightly slower pace, capping the second year of a harsh recession in Latin America's largest economy. The Purchasing Managers Index (PMI) for Brazilian services, compiled by resear

A surge in M&A announcements, worth roughly U S$1.2trn, in the fourth quarter, boosted 2016 M&A deal volumes and made it the third best year on record, according to Thomson Reuters. Global announced M&As cracked US $1trn for the first time last year in th

The hidden danger to wildlife posed by imported consumer goods - an expresso coffee in Beijing, a tofu salad in Chicago - can now be pinpointed and measured, researchers said Wednesday. Crunching huge amounts of data, they unveiled a global "threat map" d

Business activity in Egypt shrank for the 15th consecutive month in December, although at a slower pace than the previous month, as inflation caused purchase costs to rise at a near-record pace, a survey showed on Wednesday. The Emirates NBD Egypt Purchas

Lebanon's new government on Wednesday passed two decrees concerning oil and gas exploration blocks, meaning a tender process for offshore reserves, stalled since 2013, can begin. Beirut estimates it has 96 trillion cubic feet of natural gas reserves and 8

Growth in Saudi Arabia's non-oil private sector accelerated in December for a second straight month after the government paid some of its debts to the private sector, a survey of companies showed on Wednesday. The seasonally adjusted Emirates NBD Saudi Ar

General Motors Co on Wednesday reported an unexpected 10 percent rise in December US auto sales while Ford Motor Co also beat forecasts, indicating that 2016 results will beat a record high set in 2015. "Key economic indicators, especially consumer confid

Economists at HSBC on Wednesday raised their forecast for global growth and inflation over the next two years based on robust manufacturing activity, a resilient China and above all the fiscal boost expected to come in the United States.

Norway made a record amount on its salmon sales last year, helping to partially offset a drop in oil revenues, the main engine of the country's economy, data showed Wednesday. Amid lower harvests and problems with sea lice, strong demand, notably from Chi

China has agreed for thousands of migrant construction labourers to work in Israel in a bid to alleviate a housing crisis in the Jewish state, the Israeli government said Wednesday. The agreement would see 6,000 Chinese workers arrive in Israel in the six

Spain's jobless queue shrank sharply last year, dropping by 9.5 percent, the labour ministry said Wednesday, as unemployment continues to recede from the record highs seen during the 2013 crisis. The ministry said 3.7 million people were registered as out