News Archives for Print - 2017-01-11

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Print - 2017-01-11

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Tuesday (January 10, 2017).

Published 11 Jan, 2017 12:00am

Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Tuesday (January 10, 2017).

Published 11 Jan, 2017 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 Tuesday (January 10, 2017).

Published 11 Jan, 2017 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (January 10, 2017).

Published 11 Jan, 2017 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 11 Jan, 2017 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 11 Jan, 2017 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 11 Jan, 2017 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 11 Jan, 2017 12:00am

Aaj TV - Wednesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 11 Jan, 2017 12:00am

HRW wheat bids steady

Spot basis bids for hard red winter wheat delivered to terminals across the southern US Plains were flat on Monday morning, dealers said. Farmer sales were slow on the cash market, an Oklahoma dealer said. Many growers booked deals last week when the futu

Published 11 Jan, 2017 12:00am

US natural gas futures fall 5 percent on warmer weather

US natural gas futures on Monday fell 5 percent to a near seven-week low, pressured by forecasts for less cold weather and light heating demand. Front-month gas futures for February delivery on the New York Mercantile Exchange fell 18.2 cents, or 5.5 perc

Published 11 Jan, 2017 12:00am

Cotton

PMEX daily trading report

On Monday, at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,079. The total traded value of Metals, Energy and COTS/FX was recorded at PKR 3.85 billion and the number of lots traded was 11,428.

Published 11 Jan, 2017 12:00am

US FOB Gulf soyabean premiums firmer

Export premiums for soyabeans at the US Gulf Coast were steady to firm on Monday, supported by higher CIF barge basis values, while corn and wheat export premiums were flat, traders said. Nearby CIF soyabean basis bids rose by as much as 4 cents a bushel

Published 11 Jan, 2017 12:00am

Asian naphtha crack rises to 9-1/2 month high

Asia's naphtha crack rose for the sixth straight session on Tuesday to nearly 9-1/2 month high of $93.45 a tonne supported by strong demand. Taiwanese Formosa Petrochemical Corp, Asia's top naphtha importer, was looking to by naphtha for second-half Febru

Published 11 Jan, 2017 12:00am

Activities at Karachi and Qasim ports

The Karachi Port handled 87,469 tonnes of cargo comprising 66,656 tonnes of import cargo and 20,813 tonnes of export cargo including 4,643 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday. The total import cargo of 66,6

Published 11 Jan, 2017 12:00am

Cotton

Cotton market adopts wait-and-see stance on export package announcement

A wait-and-see mood prevailed on the cotton market on Tuesday amid announcement of package to boost exports, dealers said. The official spot rate was unchanged at Rs 6350, dealers said. In Sindh, seed cotton prices were unmoved at Rs 2800-3350, they said.

Published 11 Jan, 2017 12:00am

European wheat futures little changed

European wheat futures were little changed on Monday, taking their cue from a pause in the Chicago market's rally which was driven by concerns over severe cold in the US and eastern European wheat belts. Wheat futures have also been supported so far this

Published 11 Jan, 2017 12:00am

Cotton

Cotton falls over one percent

ICE cotton futures fell over 1 percent on Monday, the biggest one-day percentage drop in three weeks, as investors liquidated long positions ahead of the US government's world agriculture supply and demand (WASDE) report due later this week. The March cot

Published 11 Jan, 2017 12:00am

Shanghai copper climbs

Shanghai Futures Exchange copper climbed 1.4 percent to 46,110 yuan ($6,658) a tonne on Tuesday, underpinned by a weaker dollar and after solid inflation figures shored up sentiment in China, while planned plant closures there supported Shanghai zinc and

Published 11 Jan, 2017 12:00am

Copper hits one-month high; zinc buoyed by persistent shortage

Copper prices hit a one-month high on Tuesday as inflation figures in top consumer China pointed to further signs of economic recovery, while zinc hit a three-week peak on persistent supply shortages. Chinese producer prices surged the most in more than f

Published 11 Jan, 2017 12:00am

Rubber jumps

Benchmark Tokyo rubber futures jumped to a 3-week high on Tuesday as investors stepped up buying on supply concerns after heavy flooding hit southern Thailand, a major rubber-producing area, dealers said. The Tokyo Commodity Exchange (TOCOM) rubber contra

Published 11 Jan, 2017 12:00am

Rotterdam vegetable oil prices

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

Published 11 Jan, 2017 12:00am

Rotterdam vegetable oil prices

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

Published 11 Jan, 2017 12:00am

Malaysian palm oil reverses gains

Malaysian palm oil futures erased earlier gains to fall almost 1 percent on Tuesday due to higher than forecast inventory levels from a government report released during the session's midday break. Benchmark palm oil futures for March delivery on the Burs

Published 11 Jan, 2017 12:00am

Arabica coffee futures climb on index fund buying

Arabica coffee futures on ICE rose to the highest level in almost six weeks on Tuesday boosted by index fund buying, dealers said. March arabica coffee rose 2.8 cents or 1.9 percent to $1.47 per lb by 1521 GMT after peaking at $1.4740, the highest level f

Published 11 Jan, 2017 12:00am

Gold at five-week top in New York

Gold rose to a five-week high on Monday as markets reassessed the outlook for the US economy after Donald Trump is inaugurated as president later this month, taking support from the falling dollar and lower US Treasury yields. Spot gold was up 0.9 percent

Published 11 Jan, 2017 12:00am

Gold rises in Asia

Gold rose to its highest in over one a month on Tuesday, buoyed by a weaker US dollar and as fears that Britain will not have a clean break with the European Union stoked safe-haven buying. Spot gold was up half a percent at $1,187.01 an ounce by 0620 GMT

Published 11 Jan, 2017 12:00am

Gold hits highest level in over a month in Europe

Gold rallied to its highest level in more than a month on Tuesday as the dollar dipped ahead of a news conference on Wednesday by US President-elect Donald Trump. The market is looking for more clues on Trump's spending plans in the first speech since his

Published 11 Jan, 2017 12:00am

Gasoline taxes fall

Average taxes on gasoline world-wide have tended to fall in recent years despite promises by many nations to do more to limit global warming, a study showed on Monday. Gasoline, or petrol, the most common fuel used to power cars, emits the greenhouse gas

Published 11 Jan, 2017 12:00am

Currency

Oman in talks with Gulf states to obtain multi-billion dollar deposit

Oman is negotiating with wealthy Gulf Arab states to secure a multi-billion dollar deposit in its central bank that would boost its foreign exchange reserves and head off any pressure on the rial, two sources have told Reuters. Omani officials met in rece

Published 11 Jan, 2017 12:00am

UK inequality narrows but many working age Britons lose out

Income inequality in Britain narrowed in the 2015-16 financial year as poorer families got help from low inflation and retirees gained from generous pensions, but many people of working age lost out, official data showed on Tuesday. The median disposable

Published 11 Jan, 2017 12:00am

VW sales top new record despite dieselgate

Volkswagen on Tuesday said it had sold 10.3 million cars world-wide last year, a new record for the German auto giant, despite grappling with a massive emissions cheating scandal. The VW group, which also includes the brands Audi, Porsche and Skoda, saw s

Published 11 Jan, 2017 12:00am

Currency

Turkish lira slides as central bank help falls short

Turkey's central bank on Tuesday relaxed foreign exchange rules to bolster the lira but the move, shrugged off by analysts, did little to stem the stricken currency's downturn. The bank said it had reduced its foreign exchange reserve requirement ratios t

Published 11 Jan, 2017 12:00am

Currency

China factory-gate inflation hits 5.5 percent in December

China's producer prices rose at their swiftest pace in more than five years in December, the government said Tuesday, in a sign the world's biggest trader could begin exporting inflation to the global economy. China's performance affects trade partners ra

Published 11 Jan, 2017 12:00am

US slaps duties on washing machines made in China

US regulators on Tuesday moved to impose hefty tariffs on certain large residential washing machines made in China, saying American manufacturers such as Whirlpool Corp have been harmed by products imported from China at below fair value. The US Internati

Published 11 Jan, 2017 12:00am

Canadian banks bullish on Trump's pro-growth agenda

Canadian banks are looking to expand in the United States, taking advantage of pro-growth policies expected to be pursued by President-elect Donald Trump's new administration, senior executives told a banking conference in Toronto. The valuations of US re

Published 11 Jan, 2017 12:00am

EU proposes greater privacy protection to boost digital economy

The EU proposed Tuesday broadening privacy protections in electronic communications, including tracking by advertisers, in a bid to promote a digital single market worth tens of billions of euros. The European Commission, the EU executive, announced a raf

Published 11 Jan, 2017 12:00am

US wholesale inventories post biggest rise in two years

US wholesale inventories in November rose slightly more than previously reported, posting their largest gain in two years and suggesting inventory investment would again support economic growth in the fourth quarter. The Commerce Department said on Tuesda

Published 11 Jan, 2017 12:00am

Iraq asks Angola firm to resume work at retaken oil fields

Iraq's oil minister called Tuesday for Angolan energy firm Sonangol to resume work at fields south of Mosul where the Islamic State group had set wells alight, sparking months-long infernos. Iraqi forces recaptured the Qayyarah and Najmah fields last year

Published 11 Jan, 2017 12:00am

Volvo expects to export half of its future US production

Swedish automaker Volvo said Sunday that it expects to export half of the cars produced at a future plant in the United States. The first plant in North America by Volvo, a company owned by a Chinese automotive group, will begin producing the next generat

Published 11 Jan, 2017 12:00am

Ethiopia aims to offer foreigners stakes in some state firms

Ethiopia aims to offer foreign firms stakes in some state-owned companies to help modernise the businesses, the prime minister said on Monday in a shift from stressing state investment to drive growth. The move would include offering a stake in state-owne

Published 11 Jan, 2017 12:00am

Currency

Egypt's cost-of-living soars as currency dives

Annual consumer price inflation in Egypt's cities soared to a second straight eight-year high in December, hitting 23.3 percent on the back of the government's decision to float the pound, effectively halving its value. Core inflation also jumped to 25.86

Published 11 Jan, 2017 12:00am

HSBC mulls moving business ahead of Brexit

HSBC chairman Douglas Flint on Tuesday warned that the banking titan could move activities from London to continental Europe ahead of Brexit. Britain is due to trigger Article 50 by late March, kicking off a two-year process to leave the European Union. T

Published 11 Jan, 2017 12:00am

At CES, tech moves into the nursery

As technology caters to an ever-younger crowd, developers are creating new tools for infants and their parents, and even aiming at the yet-to-be born. The Consumer Electronics Show, which concluded Sunday, had a "baby tech" zone which included an array of

Published 11 Jan, 2017 12:00am

Tough drone market forces layoffs at French maker Parrot

Shares in French drone manufacturer Parrot crashed more than 17 percent on Tuesday after the group announced mass job cuts, signalling an end to years of expansion in the new technology market. The Paris-based company s id Monday it would make 290 out of

Published 11 Jan, 2017 12:00am

Takeda to buy US cancer drug maker Ariad in $5.2 billion deal

Japan's Takeda Pharmaceutical Co Ltd said it would buy cancer drug maker Ariad Pharmaceuticals Inc in a deal valued at $5.20 billion, to beef up its oncology pipeline. Ariad stock was up 73.1 percent at $23.79 in early trading on Monday. In 2016, its shar

Published 11 Jan, 2017 12:00am

Currency

Venezuela imports down more than half to $18 billion

Recession-hit Venezuela's imports plunged by more than half to nearly $18 billion in 2016, President Nicolas Maduro said on Monday, as the country prioritized foreign debt payments despite chronic product shortages. Maduro, in a meeting with businessmen,

Published 11 Jan, 2017 12:00am

Nickelodeon to build Philippine underwater theme park

American children's television network Nickelodeon has announced it will build an underwater resort and theme park on an island known as the Philippines' last ecological frontier, alarming environmentalists. The firm behind SpongeBob SquarePants and Dora

Published 11 Jan, 2017 12:00am

Currency

Egypt index rises but foreign funds sell; oil pulls down Saudi bourse

Egypt's stock market rose strongly on Tuesday but foreign funds were net sellers for a second time since the Egyptian pound was floated on November 3. Gulf markets diverged with Saudi petrochemical shares hit by weak oil prices. The Egyptian bluechip inde

Published 11 Jan, 2017 12:00am

Currency

Tokyo stocks down

Tokyo stocks closed lower Tuesday as a rebounding yen hit exporters, while Toyota lost early gains driven by news of a major investment in the United States. After a public holiday Monday, the Japanese market dropped at the start as falling oil prices and

Published 11 Jan, 2017 12:00am

Tuesday's early trade: Nasdaq hits all-time high

The Nasdaq hit a record intraday high on Tuesday, extending its bullish run as healthcare stocks rose for the sixth straight session, while banks helped the S&P 500 and the Dow reverse small losses. Investors are looking to the upcoming corporate earnings

Published 11 Jan, 2017 12:00am

Oil drop stymies Dow's march to 20,000; health stocks boost Nasdaq

Declines in energy and financial stocks weighed on the S&P 500 on Monday and helped stall the Dow's pursuit of the 20,000 milestone ahead of earnings season and expected US policy changes under the Donald Trump presidency. The Nasdaq notched a record high

Published 11 Jan, 2017 12:00am

Hong Kong stocks hit one-month high

Hong Kong stocks hit a one-month high on Tuesday as Chinese commodity prices rallied, offsetting pressure from profit taking in some state-owned enterprises (SOEs) which rose last week on restructuring hopes. The Hang Seng index rose for a fourth consecut

Published 11 Jan, 2017 12:00am

Currency

Treasury yields slip

US Treasury yields fall as nervousness about the China's currency and Britain's exit from the European Union rekindle safe haven demand for low-risk government bonds ahead of this week's $56 billion supply. A weakening Chinese yuan has stoked worries abou

Published 11 Jan, 2017 12:00am

Currency

Treasury yields slip

Published 11 Jan, 2017 12:00am

Currency

Sri Lankan shares end marginally lower

Sri Lankan shares erased early gains to end marginally lower on Tuesday as yields on short-term government securities rose in a weekly auction amid uncertainty over government's monetary and budget policies. Yields on treasury bill auctions rose 9-19 basi

Published 11 Jan, 2017 12:00am

Indian shares higher

Indian shares ended higher on Tuesday, with Tata Motors surging after unit Jaguar Land Rover reported strong sales for 2016, and as recent underperformers recovered, although broader sentiment remained cautious ahead of corporate results. The broader NSE

Published 11 Jan, 2017 12:00am

China stocks down

China's main indexes edged lower on Tuesday, as investors took profits after a recent strong rally fuelled by reforms hopes. The bluechip CSI300 index fell 0.2 percent, to 3,358.27 points, while the Shanghai Composite Index lost 0.3 percent to 3,161.67 po

Published 11 Jan, 2017 12:00am

European shares down

Britain's FTSE 100 share index climbed to fresh record highs on Tuesday with UK retailers gaining, while European bluechips failed to hold early gains, with financials the biggest drag. The pan-European STOXX 600 index was down 0.3 percent, while the FTSE

Published 11 Jan, 2017 12:00am

Australian shares hit by first 2017 loss

Australian shares suffered their first loss of the year on Tuesday, as financial stocks followed their US peers down and energy counters remained pressured by weaker oil prices. The S&P/ASX 200 index, which had risen the past five sessions, fell 0.8 perce

Published 11 Jan, 2017 12:00am

Southeast Asian stocks: Philippines up on foreign buying

Most Southeast Asian stock markets ended higher on Tuesday, with Philippines extending its rally to a sixth session on a spur of foreign buying, while Singapore closed at its highest in fourteen months. Data from the Philippine Stock Exchange show net for

Published 11 Jan, 2017 12:00am

Britain's FTSE 100 continues drift to record highs

Britain's FTSE 100 continued its climb to record highs on Tuesday while Europe's top benchmark failed to hold early gains with financials the biggest drag The pan-European STOXX 600 index down 0.3 percent, while the FTSE 100 hit a new all-time high of 7,2

Published 11 Jan, 2017 12:00am

Currency

Sterling attempts to steady in Asia

Sterling steadied somewhat in Asian trade on Tuesday after weekend comments from British Prime Minister Theresa May sent it skidding to 2-1/2-month lows, while the dollar wallowed well below recent highs as the perceived safe-haven yen gained. The pound e

Published 11 Jan, 2017 12:00am

Currency

Dollar steadies against majors in Europe

The dollar recovered from earlier losses on Tuesday, on the view the market had over-reacted to worries about US President-elect Donald Trump's first news conference. The dollar had fallen as much as 1 percent against a basket of currencies since the star

Published 11 Jan, 2017 12:00am

Currency

Early trade in New York: Dollar dips against major currencies

The US dollar edged lower against a basket of major currencies on Tuesday on nervousness ahead of US President-elect Donald Trump's first news conference set for Wednesday, while the Mexican peso hit a record low. Investors fretted that Trump, who takes o

Published 11 Jan, 2017 12:00am

Dollar falls against yen; sterling sinks in New York

The US dollar slumped against the safe-haven yen on Monday on investors' reduced appetite for risk, while sterling sank to more than two-month lows on talk that Britain would drastically rework trade ties with the European Union after Brexit. A fall in US

Published 11 Jan, 2017 12:00am

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Tuesday. 78.70-78.76 (previous 78.70-78.70).

Published 11 Jan, 2017 12:00am

Algeria ends 2016 with $114 billion of foreign reserves

Algeria will end 2016 with $114 billion of foreign reserves, but its oil and gas earnings will drop to $27.5 billion from $35.7 in 2015 and $60 billion in 2014, Prime Minister Abdelmalek Sellal told state TV late on Wednesday. Algeria's foreign reserves w

Published 11 Jan, 2017 12:00am

Currency

Sri Lankan rupee up

The Sri Lankan rupee ended slightly firmer on Tuesday as foreign banks and some exporters sold dollars, but dealers expect the strength to be short-lived on lingering concerns after the central bank last week changed its intervention policy. The rupee has

Published 11 Jan, 2017 12:00am

Asian forex: Yuan, other Asia currencies up

The Chinese yuan and other emerging Asian currencies edged higher on Tuesday as the dollar pulled back, with investors awaiting a news conference by US President-elect Donald Trump later this week for further clues on policy and the direction of the greeb

Published 11 Jan, 2017 12:00am

Currency

Canadian dollar ignores crude tumble to end flat

The Canadian dollar ended little changed against a weaker US counterpart on Monday, with a Bank of Canada business outlook survey helping it hold ground even as prices for crude oil, a major Canadian export, tumbled. The Canadian dollar settled at C$1.323

Published 11 Jan, 2017 12:00am

Currency

Sterling slides to two-month low against dollar, euro

Sterling slid sharply for a second day running on Tuesday, hitting two-month lows against both the dollar and euro as worries about Britain's plans to leave the European Union kept the currency under heavy pressure. Early trading saw the pound add to more

Published 11 Jan, 2017 12:00am

Aussie, kiwi extend rally

The Australian and New Zealand dollars added to broad gains on Tuesday after their US counterpart ran into more profit-taking and political jitters saddled the British pound with its worst selloff in five months. The Aussie dollar was firm at $0.7380, aft

Published 11 Jan, 2017 12:00am

Taylor eyes record of late mentor Crowe

Ross Taylor goes into the first Test against Bangladesh on Thursday on the brink of equalling his late mentor Martin Crowe's record for New Zealand centuries. Less than a year after Crowe died of lymphoma aged 53, Taylor's bid, in his return following eye

Published 11 Jan, 2017 12:00am

Ronaldo lambasts media campaign against him

Real Madrid superstar Cristiano Ronaldo claimed he had to overcome media "campaigns" against him to win FIFA's inaugural "The Best" prize for the world's best player in 2016. Ronaldo lifted the award at a star-studded ceremony in Zurich on Monday after a

Published 11 Jan, 2017 12:00am

Sarfraz may miss ODI series against Australia

Wicket keeper Sarfraz Ahmed is returning home from Australia due to illness of his mother, sources in Pakistan Cricket Board (PCB), said. Sarfraz's return is a second blow to the Pakistan One Day International squad, which is to face Australia in ODI seri

Published 11 Jan, 2017 12:00am

Baghdatis battles through in Auckland

Marcos Baghdatis shrugged off injury concerns to reach the second round of the ATP Auckland Classic with a tough straight sets win over Frenchman Adrian Mannarino on Tuesday. The eighth-seeded Cypriot showed no sign of an ankle injury that forced him to r

Published 11 Jan, 2017 12:00am

National Archery Championship begins

The 5th edition of the National Archery Men and Women Championship under the aegis of FATA Olympic Association and with the collaboration of Pakistan Archery Federation got under way here at Qayyum Sports Complex on Tuesday. PA Khyber Agency Captain Khali

Published 11 Jan, 2017 12:00am

China no threat to Europe, says Ancelotti

China's big spending football revolution poses little threat to Europe because the world's top players want to play in the best competitions, Bayern Munich boss Carlo Ancelotti insisted on Tuesday. The Italian, who has played for and managed some of Europ

Published 11 Jan, 2017 12:00am

Punjab government plans modern infrastructure of sports complexes

With a view to provide most-modern sports facilities to the youth, the Punjab government has planned to establish state-of-the-art infrastructure of sports complexes at district headquarters level. Provincial Minister for Education, Rana Mashhood Ahmad Kh

Published 11 Jan, 2017 12:00am

Euro 2016 gave France massive financial boost

Hosting the Euro 2016 football tournament cost France less than 200 million euros ($211 million) but brought some 1.22 billion euros into the country, according to figures released by the ministry of sports Tuesday. There was controversy over the public f

Published 11 Jan, 2017 12:00am

Amla seeks form in 100th Test

Hashim Amla will become the eighth South African to appear in 100 Test matches in the third and final Test against Sri Lanka starting at the Wanderers Stadium on Thursday. Although South Africa are overwhelming favourites after comfortable wins in the fir

Published 11 Jan, 2017 12:00am

Aussie Open is not a psychological barrier: Murray

Andy Murray says he does not have a mental block when it comes to the Australian Open despite losing the final of the opening Grand Slam of the season five times. The 29-year-old world number one - whose season opened with a defeat in the Qatar Open to No

Published 11 Jan, 2017 12:00am

FIFA approves 48-team World Cup from 2026

FIFA voted Tuesday to expand the World Cup to 48 teams from 2026 in a victory for its president Gianni Infantino but derided by critics as driven by money and politics. In a deeply divisive move which will enrich scandal-tainted FIFA's coffers, its ruling

Published 11 Jan, 2017 12:00am

Cypriot leaders press bid to reach peace deal

Rival Cypriot leaders returned to the negotiating table Tuesday to press on with an ambitious bid to end decades of conflict, with talks centred on the island's future system of government. As he arrived at the UN's European headquarters in Geneva for a s

Published 11 Jan, 2017 12:00am

Colombia bridge collapse kills 11

Eleven people including an 18-month-old child plunged to their deaths and 13 were injured when a suspension bridge collapsed in central Colombia, officials said. The bridge collapsed and flipped over on Monday as people were crossing it in a rural area po

Published 11 Jan, 2017 12:00am

Protesters dressed as KKK disrupt Sessions hearing

Protesters in white cloaks and hoods disrupted the Senate confirmation hearing Tuesday for Jeff Sessions to be US attorney general, dramatising concerns about his civil rights record. Donald Trump's choice for the nation's top law enforcement officer is t

Published 11 Jan, 2017 12:00am

Trump government faces rising risk of international conflict: study

The incoming Donald Trump administration faces a world of greater risk of conflict, slower growth and more anti-democratic pressures than ever since the Cold War, a new US intelligence report released Monday said. US leadership is ebbing amid shifts in ec

Published 11 Jan, 2017 12:00am

Eight Philippine fishermen shot dead at sea

Eight local fishermen have been found shot dead in their boat off the piracy-plagued southern Philippines, the military said Tuesday. The outrigger boat was attacked in the Moro Gulf off the Zamboanga peninsula on Mindanao island on Monday night, it said,

Published 11 Jan, 2017 12:00am

Moscow slams US-led action in Syria as ineffective

Russian military officials on Tuesday slammed US-led coalition action against Islamic State jihadists in Syria as having had "less than zero" impact, and claimed that a US air strike killed 20 Syrian civilians this month. Russia's involvement in the war-t

Published 11 Jan, 2017 12:00am

Veteran journalist Clare Hollingworth dies

Veteran British war correspondent Clare Hollingworth, who broke the news that the Second World War had started, died in Hong Kong on Tuesday aged 105. Hollingworth later reported from many of the 20th century's troublespots, witnessing the horrors of war

Published 11 Jan, 2017 12:00am

Israel troops kill Palestinian knife attacker

Israeli troops in the occupied West Bank shot dead a Palestinian who attacked them during an overnight operation to arrest suspected militants, the army said on Tuesday. A Palestinian rights group said the man was shot in his home at point blank range, ca

Published 11 Jan, 2017 12:00am

Tunisia democratic transition 'blocked': electoral chief

Tunisia's transition to democracy after its 2011 revolution has hit a roadblock, the electoral commission chief said Tuesday, criticising a delay in holding the first local elections since the uprising. "Tunisia stood out... through its partially successf

Published 11 Jan, 2017 12:00am

Iceland gets new centre-right coalition government

A new centre-right coalition in Iceland announced Tuesday it had agreed to make Conservative Party leader Bjarni Benediktsson the country's next prime minister. Benediktsson, 46, who has served as finance minister since 2013 and was the big winner in Octo

Published 11 Jan, 2017 12:00am

Five killed as air strike hits Yemen school

An air strike by the Saudi-led coalition on a primary school in rebel-held northern Yemen on Tuesday killed five people including two children, medical and military sources said. The headmaster and two other staff members were among those killed in the ai

Published 11 Jan, 2017 12:00am

Kremlin deplores US blacklist additions

Russia on Tuesday criticised Washington's blacklisting of a high-ranking official and the suspects in the murder of ex-spy Alexander Litvinenko as a move by the outgoing administration to further sour ties. Kremlin spokesman Dmitry Peskov told reporters t

Published 11 Jan, 2017 12:00am

Insurance policies: SECP enhances jurisdiction of DRC

The Securities and Exchange Commission of Pakistan (SECP) has enhanced jurisdiction of dispute resolution committees (DRC) to arbitrate disputes between the insurers and the policyholders pertaining to insurance policies of individual life contract, domes

Published 11 Jan, 2017 12:00am

Shahbaz meets President

Punjab Chief Minister Mian Shahbaz Sharif here on Tuesday received President Mamnoon Hussain at Lahore Airport. Besides discussing matters of common interest, social welfare projects in the province came under discussion between two leaders. Provincial Mi

Published 11 Jan, 2017 12:00am

Rs 33 billion expenditure on justice, administration in fiscal year 2016, says MoF's report

The total expenditure by the federal and provincial governments on justice and administration remained Rs 33 billion during the last fiscal year; however, the spending on construction of roads, highways and bridges was Rs 397 billion, says the Poverty Red

Published 11 Jan, 2017 12:00am

Bestway Cement Limited (BWCL)

Bestway Cement Limited was incorporated in1993. The company is part of the Bestway Group which was founded by Sir Mohammed Anwar Pervez during the early 80s. The company is in the business of production and sale of cement and is the one of the biggest cem

Published 11 Jan, 2017 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 8	277.70
USD PKR Interbank Buying / Oct 8	277.45
USD to Japanese Yen / Oct 8	148.02
USD to Swiss Franc / Oct 8	0.85
Pound Sterling to USD / Oct 8	1.31
Euro to USD / Oct 8	1.10

Stock	Volume
S&P 500 / Oct 8	5,695.94
India Sensex / Oct 8	81,561.53
Tokyo Nikkei / Oct 8	38,930.78
Nasdaq / Oct 8	17,923.91
Hang Seng / Oct 8	21,370.60
FTSE 100 / Oct 8	8,303.62
Dow Jones / Oct 8	41,954.24
Germany DAX 30 / Oct 8	19,104.10

Item	Value
Petrol/Litre / Oct 8	247.03
Crude Oil USD/Barrel / Oct 8	75.84
Karachi Cotton PKR/37.32 KG / Oct 8	18,485
Gold 10 Grams PKR / Oct 8	236,715.30
Gold Spot USD/Ounce / Oct 8	2,646.05
Diesel/Litre / Oct 8	246.29

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 8 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 8 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 8 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 8 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 8 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 8 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 8 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 8 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 8 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 8 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 8 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 8 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 8 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 8 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 8 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 8 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 8 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 8 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 8 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 8 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 8 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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