News Archives for Print - 2017-02-19

Currency

YOUR RUPEE LAST MONTH

Following currency fluctuations took place in foreign exchange rates during the last month. (January 3 to 31, 2017)

Published 19 Feb, 2017 12:00am

The Weather

The weather report on Saturday (February 18, 2017) and the forecast for Sunday (February 19, 2017).

Published 19 Feb, 2017 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (February 18, 2017).

Published 19 Feb, 2017 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (February 18, 2017).

Published 19 Feb, 2017 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (February 18, 2017).

Published 19 Feb, 2017 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (February 18, 2017).

Published 19 Feb, 2017 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (February 18, 2017).

Published 19 Feb, 2017 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (February 18, 2017).

Published 19 Feb, 2017 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (February 18, 2017)

Published 19 Feb, 2017 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Saturday (February 18, 2017).

Published 19 Feb, 2017 12:00am

Hides and skins rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (February 18, 2017).

Published 19 Feb, 2017 12:00am

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (February 18, 2017).

Published 19 Feb, 2017 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (February 18, 2017).

Published 19 Feb, 2017 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (February 18, 2017).

Published 19 Feb, 2017 12:00am

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Saturday (February 18, 2017).

Published 19 Feb, 2017 12:00am

Currency

KARACHI: A kind of firmness prevailed on the money market at the weekend as the rupee held its overnight levels in terms of the dollar in the process of trading, dealers said. The rupee was unchanged in relation to the dollar for buying and selling at Rs

Published 19 Feb, 2017 12:00am

Currency

THE RUPEE: rates stable

KARACHI: A kind of firmness prevailed on the money market at the weekend as the rupee held its overnight levels in terms of the dollar in the process of trading, dealers said. The rupee was unchanged in relation to the dollar for buying and selling at Rs

Published 19 Feb, 2017 12:00am

Cross Transactions between Client to Client & Financial Institutions

The following were the cross transactions between client to client & financial institutions here on Saturday (February 18, 2017).

Published 19 Feb, 2017 12:00am

Member to Member

The following transactions member to member subsequently reported on Saturday (February 18, 2017).

Published 19 Feb, 2017 12:00am

Currency

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Saturday (February 18, 2017).

Published 19 Feb, 2017 12:00am

Aaj TV - Sunday's schedule

All timings are in PST (Pakistan Standard Time).

Published 19 Feb, 2017 12:00am

Indian soyaoil futures fall

Indian soyabean futures fell to a more than 2-year low on Friday on low demand and high domestic supply. The most-actively traded March soyabean futures fell 1.5 percent to 2956 rupees per 100 kg on the National Commodity & Derivatives Exchange Ltd (NCDEX

Published 19 Feb, 2017 12:00am

India's January Iranian oil imports fall

Essar Oil, a key Indian buyer of Iranian crude, imported 1.5 percent less oil from Tehran in January compared with the previous month, according to tanker arrival data obtained from sources and assessed by Thomson Reuters Oil Analytics. Essar Oil's overal

Published 19 Feb, 2017 12:00am

Palm oil eases on European vegoils market

Palm oil on the European vegetable oils market was mostly easier on Thursday on the outlook for improving production in the coming months while demand was still expected to be slow. Asking prices for palm oil were mostly between $5 and $12.50 a tonne lowe

Published 19 Feb, 2017 12:00am

Canadian canola futures fall

ICE Canadian canola futures fell on Thursday on long liquidation, influenced by weaker US soy prices. March canola dipped $2.80 to $521.30 per tonne. Most-active May canola lost $3.10 to $528.80 per tonne. March-May canola spread traded 5,778 times. Chica

Published 19 Feb, 2017 12:00am

Currency

Soyameal jumps on European feeds market

Soyameal on the European meals and feeds market jumped on Thursday following gains in CBOT soyameal futures at the previous close on bargain hunting and technical buying. "Although asking prices were fixed on Wednesday's strong Chicago close it did not ex

Published 19 Feb, 2017 12:00am

Ukraine's January wheat exports fall

Ukraine's January wheat exports fell by around 14 percent to 1.2 million tonnes and most of it went to India, consultancy UkrAgroConsult said on Wednesday. India, a major importer of Ukrainian wheat this season, consumed 780,000 tonnes or 64 percent of Uk

Published 19 Feb, 2017 12:00am

CBOT wheat futures drop on profit-taking

US wheat futures dropped 2 percent on Thursday, closing at session lows as traders locked in profits after the most active Chicago Board of Trade soft red winter wheat contract hit its highest in nearly eight months. The decline was the biggest for wheat

Published 19 Feb, 2017 12:00am

Libya seeks to buy grains

A Libyan state grain buying agency has issued an international tender to purchase 100,000 tonnes of milling wheat, 50,000 tonnes of durum wheat and 75,000 tonnes of yellow corn, European traders said on Thursday. The agency is also tendering to buy up to

Published 19 Feb, 2017 12:00am

European gasoline cracks fall

Gasoline refining margins fell on Thursday after a sharp rise in stocks in the Amsterdam-Rotterdam-Antwerp hub. Gasoline stocks rose by 22.9 percent to their highest since late January in the week to Thursday, data from Dutch consultancy PJK International

Published 19 Feb, 2017 12:00am

Asian naphtha crack eases

Asia's naphtha crack eased $2.90 to $108.18 a tonne but the value was 11 percent higher than a month ago as supplies remained squeezed while demand was strong. LG Chem was the first to seek cargoes for first-half April delivery in South Korea via a tender

Published 19 Feb, 2017 12:00am

Indonesian coffee jumps, Vietnam advances on higher demand

Higher demand from global importers and lack of domestic supply pushed up prices in Vietnam, while Indonesian coffee surged amid lean trade as supply in the area continued to be thin, traders said on Thursday. Coffee prices in Daklak, Vietnam's largest gr

Published 19 Feb, 2017 12:00am

Currency

EU wheat futures slightly lower

Euronext wheat futures closed slightly lower on Thursday, easing from an earlier six-month high, after a rebound in the euro against the dollar countered support from rallying US prices. May milling wheat settled 0.25 euro or 0.1 percent lower at 175.50 e

Published 19 Feb, 2017 12:00am

US Plains HRW wheat bids higher

Spot basis hard red winter wheat (HRW) bids for grain moved by rail to the US Gulf Coast were higher on Thursday, supported by good export business, grain merchants said. Thursday's US Department of Agriculture weekly export data showed net wheat export s

Published 19 Feb, 2017 12:00am

Chinese iron ore futures slide over two percent

Chinese iron ore futures slid more than 2 percent on Thursday, reversing gains that pushed the commodity to record high, as steel prices made a similar U-turn in afternoon trading. Expectations of a pickup in construction activity and steel supply tighten

Published 19 Feb, 2017 12:00am

Bangladesh tea prices fall

Tea prices in Bangladesh fell sharply at the weekly auction on Tuesday on higher supplies of inferior-grade leaf, but low prices attracted foreign buyers that led to a rise in sales volume. Bangladesh tea fetched an average of 134.67 taka ($2.50) per kg a

Published 19 Feb, 2017 12:00am

US FOB Gulf corn offers firmer

Export premiums for corn shipped from the US Gulf Coast were steady to firmer on Thursday on increased demand for Gulf shipments due to loading delays in the Pacific Northwest, traders said. At least five US corn cargoes have been switched from the PNW to

Published 19 Feb, 2017 12:00am

Argentina to double use of ethanol in fuels

Argentina in the next two to three years could double the proportion of ethanol used in gasoline from the current 12 percent of the blend, a government official told Reuters. If the government goes forward with the increase, the South American agricultura

Published 19 Feb, 2017 12:00am

US natural gas futures near three-month low

US natural gas futures on Thursday fell to their lowest level since mid-November after a smaller-than-expected storage draw and forecasts for warmer weather over the next two weeks. The US Energy Information Administration said utilities pulled 114 billio

Published 19 Feb, 2017 12:00am

Thai rice prices up on Chinese deal; slow in India, Vietnam

Rice prices in Thailand advanced this week following a deal with the Chinese government, while markets slowed in India and Vietnam, traders said on Thursday. In Thailand, the world's second biggest rice exporter, benchmark 5-percent broken rice edged up t

Published 19 Feb, 2017 12:00am

Cotton

Volume of business falls on cotton market

Volume of business dropped on the cotton market on Saturday in line with the international track, dealers said. The official spot rate was unmoved at Rs 6650, they said. In Sindh, seed cotton prices were modestly higher by Rs 100 to Rs 3300-3500, they sai

Published 19 Feb, 2017 12:00am

Currency

Four famines mean 20 million may starve in the next six months

More than 20 million people - greater than the population of Romania or Florida - risk dying from starvation within six months in four separate famines, UN World Food Programme chief economist Arif Husain says. Wars in Yemen, northeastern Nigeria and Sout

Published 19 Feb, 2017 12:00am

China says policies unaffected by Trump plan to bring factories back to US

China is closely following US President Donald Trump's plans to create more domestic jobs by encouraging US companies to bring home or "reshore" their overseas production, but the government will not change its overall strategy, Industry Minister Miao Wei

Published 19 Feb, 2017 12:00am

EU countries clear 18-month extension of China solar duties

European Union member states have cleared an 18-month extension of import tariffs on solar panels from China, a compromise position after initial opposition, sources said on Friday. Anti-dumping and anti-subsidy duties have been in place on Chinese solar

Published 19 Feb, 2017 12:00am

EU countries clear 18-month extension of China solar duties

European Union member states have cleared an 18-month extension of import tariffs on solar panels from China, a compromise position after initial opposition, sources said on Friday. Anti-dumping and anti-subsidy duties have been in place on Chinese solar

Published 19 Feb, 2017 12:00am

Ford not scrapping plans to build Mexico factories

Ford is sticking with its plan to build two new factories in Mexico, despite an announcement last month that it had scrapped plans for a plant in the central state of San Luis Potosi. The US carmaker said a planned factory in the central state of Guanajua

Published 19 Feb, 2017 12:00am

Britain, China pledge to promote free trade

China and Britain have pledged to promote free trade and cooperate on building a open world economy, fanning efforts to shore up what the two governments have called a "golden era" in their relationship, the Xinhua news agency reported on Friday. China is

Published 19 Feb, 2017 12:00am

Currency

Zuma attacks banks over currency rigging charges

South Africa will come down hard on financial market abuse, President Jacob Zuma said on Thursday, following accusations that more than a dozen local and foreign banks had rigged rand currency dealing. The Competition Commission said on Wednesday it had f

Published 19 Feb, 2017 12:00am

Freeport Indonesia CEO resigns after force majeure on copper exports

Chappy Hakim, chief executive of miner Freeport-McMoran Inc's Indonesian unit, has resigned, the company said on Saturday, after the parent firm declared force majeure on copper concentrate shipments from its Grasberg mine in Papua. Freeport, which has be

Published 19 Feb, 2017 12:00am

PSA chief executive to meet UK's May about Vauxhall takeover

The chief executive of Peugeot manufacturer PSA Group will meet British Prime Minister Theresa May to discuss his firm's planned acquisition of General Motors' Opel and Vauxhall operations, a government spokesman said on Saturday. Both Britain and Germany

Published 19 Feb, 2017 12:00am

French carmaker eyes GM's European brands

French carmaker PSA said it was thinking about taking over Opel and Vauxhall, loss-ridden European subsidiaries of US auto giant General Motors. PSA, which groups the Peugeot, Citroen and DS brands, "is exploring the possibility of acquiring Opel and Vaux

Published 19 Feb, 2017 12:00am

If inflation rise persists, rate hike should come this year: ECB member

European Central Bank board member Sabine Lautenschlaeger has said the ECB should raise interest rates before the end of the year if euro zone inflation establishes itself at the ECB's target level. In an interview with German Deutschlandfunk radio to be

Published 19 Feb, 2017 12:00am

Merkel suggests euro is too low for Germany

German Chancellor Angela Merkel suggested on Saturday that the euro was too low for Germany but made clear that Berlin had no power to address this "problem" because monetary policy was set by the independent European Central Bank. Merkel made her remarks

Published 19 Feb, 2017 12:00am

Berkshire takes huge bite of Apple, boosts airline stakes

Warren Buffett's Berkshire Hathaway Inc was an aggressive buyer of stocks in last year's fourth quarter, nearly quadrupling its stake in Apple Inc and increasing its stake sevenfold in the four biggest US airlines. In a regulatory filing, Berkshire report

Published 19 Feb, 2017 12:00am

Berkshire takes huge bite of Apple, boosts airline stakes

Warren Buffett's Berkshire Hathaway Inc was an aggressive buyer of stocks in last year's fourth quarter, nearly quadrupling its stake in Apple Inc and increasing its stake sevenfold in the four biggest US airlines. In a regulatory filing, Berkshire report

Published 19 Feb, 2017 12:00am

Euronext profits up

European stock market operator Euronext said Wednesday that cost-cutting enabled it to lift profits last year despite market volatility triggered by Brexit and the US elections. Euronext, which operates the Paris, Amsterdam, Brussels and Lisbon stock exch

Published 19 Feb, 2017 12:00am

Italian bond yields set for first weekly fall in five

Italy's benchmark government bond yield was set for its first weekly fall for over a month on Friday as investors pushed back their expectations for elections and tipped the country to benefit more from central bank debt purchases. While the country's ben

Published 19 Feb, 2017 12:00am

Italian bond yields set for first weekly fall in five

Italy's benchmark government bond yield was set for its first weekly fall for over a month on Friday as investors pushed back their expectations for elections and tipped the country to benefit more from central bank debt purchases. While the country's ben

Published 19 Feb, 2017 12:00am

TSX pulls back from record high

Canada's benchmark stock index ended its winning streak on Friday, pulling back from the previous day's record high, pressured by losses for the materials group as prices of base and precious metals fell. The Toronto Stock Exchange's S&P/TSX composite ind

Published 19 Feb, 2017 12:00am

Treasuries outlook: bonds gain on falling stocks, French polls worries

US Treasury prices gained on Friday as concerns over the French presidential election and weak data in Britain added to risk aversion, hurting stocks and boosting demand for safe haven US debt. Reports that the two main left-leaning candidates in France's

Published 19 Feb, 2017 12:00am

Treasuries outlook: bonds gain on falling stocks, French polls worries

US Treasury prices gained on Friday as concerns over the French presidential election and weak data in Britain added to risk aversion, hurting stocks and boosting demand for safe haven US debt. Reports that the two main left-leaning candidates in France's

Published 19 Feb, 2017 12:00am

Abu Dhabi in no rush to issue bond

The emirate of Abu Dhabi is in no rush to issue an international bond this year after completing a non-deal roadshow for investors in Asia, and may not issue at all this year, sources close to the matter said on Wednesday. Government representatives met A

Published 19 Feb, 2017 12:00am

Abu Dhabi in no rush to issue bond

The emirate of Abu Dhabi is in no rush to issue an international bond this year after completing a non-deal roadshow for investors in Asia, and may not issue at all this year, sources close to the matter said on Wednesday. Government representatives met A

Published 19 Feb, 2017 12:00am

Snap prices IPO, seeks more than $2 billion

Snapchat's corporate parent seeks to raise more than $2 billion for the fast-growing social media group in the tech sector's largest public offering in nearly three years, documents filed Thursday showed. Outlining the financial details of its initial pub

Published 19 Feb, 2017 12:00am

Snap prices IPO, seeks more than $2 billion

Snapchat's corporate parent seeks to raise more than $2 billion for the fast-growing social media group in the tech sector's largest public offering in nearly three years, documents filed Thursday showed. Outlining the financial details of its initial pub

Published 19 Feb, 2017 12:00am

Investment focus: sovereign funds increasingly do their own private equity deals

Some of the world's biggest sovereign wealth funds are increasingly striking their own private equity deals rather than relying on external fund managers, in a drive to cut costs and gain more control. With some $6.5 trillion in assets, sovereign investor

Published 19 Feb, 2017 12:00am

Investment focus: sovereign funds increasingly do their own private equity deals

Some of the world's biggest sovereign wealth funds are increasingly striking their own private equity deals rather than relying on external fund managers, in a drive to cut costs and gain more control. With some $6.5 trillion in assets, sovereign investor

Published 19 Feb, 2017 12:00am

Taiwan stocks up in special session

Taiwan stocks rose on Saturday in a special trading session as market participants attempted to get the index back above the key 9,800 level. Taiwan's financial markets are open due to a government holiday schedule for February. As of 0202 GMT, the main T

Published 19 Feb, 2017 12:00am

US banks pile into US bond market for second helpings

J.P. Morgan and Morgan Stanley charged into the US dollar bond market Tuesday, taking advantage of strong conditions to front-load issuance to meet Total Loss Absorbing Capacity needs. Morgan Stanley sold a US$3bn three-year non-call two floating rate bon

Published 19 Feb, 2017 12:00am

US banks pile into US bond market for second helpings

J.P. Morgan and Morgan Stanley charged into the US dollar bond market Tuesday, taking advantage of strong conditions to front-load issuance to meet Total Loss Absorbing Capacity needs. Morgan Stanley sold a US$3bn three-year non-call two floating rate bon

Published 19 Feb, 2017 12:00am

Dow edges up to seventh straight record high

The Dow Jones Industrial Average barely reached a seventh straight record high on Friday and the S&P 500 and Nasdaq also closed at a record as gains in Kraft Heinz helped offset selling in energy stocks. After suffering losses for most of the session, the

Published 19 Feb, 2017 12:00am

Currency

African currencies week ahead: Ghana's cedi under pressure, Zambian kwacha to hold steady

Ghana's cedi is expected to remain under pressure next week amid market uncertainty over a weaker-than-expected 2016 while the Zambian kwacha is likely to hold its gains supported by dollar inflows from investors buying bonds.

Published 19 Feb, 2017 12:00am

Currency

Nigerian exchange bureau head urges sellers to help stabilise naira

Nigeria's naira hit a new low on the black market on Wednesday and the head of the bureau de change association urged its members to help stabilise the currency, the continued weakness of which has become a "major concern" for the central bank. The naira

Published 19 Feb, 2017 12:00am

Currency

FXCM's January non-US volume rises 18 percent

Currency broker FXCM Inc, which was banned last week from operating in the United States, said on Wednesday its non-US monthly trading volume rose 18 percent to an estimated $253 billion in January from December. Volume, however, fell 17 percent from a ye

Published 19 Feb, 2017 12:00am

Currency

Canadian dollar weakens

The Canadian dollar weakened against its US counterpart on Friday, pressured by corporate selling ahead of a long weekend and broader gains for the greenback. For the week, the loonie dipped 0.1 percent. It was the second straight week that the loonie edg

Published 19 Feb, 2017 12:00am

Currency

Yen gains as political worries stoke safe-haven bids

The yen rose against major currencies on Friday as concerns about the upcoming French elections and the lack of movement in fiscal changes in the United States kindled safe-haven demand for the Japanese currency. The dollar improved versus most peers with

Published 19 Feb, 2017 12:00am

Currency

Egypt adjusts customs exchange rate to 16 per dollar

Egypt will change its dollar exchange rate for customs to 16 pounds from 18.5 pounds on Thursday, after the Egyptian currency strengthened significantly in recent days. Egypt's central bank floated its pound in November as part of a reform programme that

Published 19 Feb, 2017 12:00am

Currency

Speculators pare back US dollar longs to four-month low

Speculators reduced bullish bets on the US dollar to their lowest in four months, cutting net longs for a sixth straight week, according to Commodity Futures Trading Commission data released on Friday and calculations by Reuters. The value of the dollar's

Published 19 Feb, 2017 12:00am

Currency

Protecting rupee more important than interest rates: Sri Lankan minister

Sri Lankan Finance Minister Ravi Karunanayake said on Tuesday that protecting a fragile rupee was more important than controlling interest rates as the local currency tended not to rebound after a depreciation. His comments came seven weeks after the cent

Published 19 Feb, 2017 12:00am

Currency

Ghana seeks additional reserves to support currency

Ghana is arranging for additional reserves to intervene sooner than planned in order to prop the local cedi currency which has weakened to new lows this week, two central bank sources said on Thursday. The cedi has been under pressure since early February

Published 19 Feb, 2017 12:00am

Emerging market FX to slip once Trump economic plans are clearer

The latest rally in emerging market currencies is unlikely to last long, a Reuters poll showed last Tuesday, with recent gains expected to be curtailed as soon as the economic policies of US President Donald Trump become clearer. Sentiment has been buoyan

Published 19 Feb, 2017 12:00am

Emerging market FX to slip once Trump economic plans are clearer

The latest rally in emerging market currencies is unlikely to last long, a Reuters poll showed last Tuesday, with recent gains expected to be curtailed as soon as the economic policies of US President Donald Trump become clearer. Sentiment has been buoyan

Published 19 Feb, 2017 12:00am

Currency

British pound to slip again once EU divorce talks start

The British pound's relative upswing over the past few weeks will come to an end when Britain formally begins divorce negotiations with the European Union, and if the talks turn fractious its fall could be steep, a Reuters poll showed last Tuesday Since t

Published 19 Feb, 2017 12:00am

Two-day zip-line event begins in Peshawar

The two-day first-ever zip-line event kicked off at the Hayatabad Sports Complex (HSC) on Saturday. The Tourism Corporation Khyber Pakhtunkhwa (TCKP) and the Adventure Club have jointly organised the event. Secretary Sports, Tourism, Archaeology, Museums,

Published 19 Feb, 2017 12:00am

Tsonga slams Berdych to reach Rotterdam final

Jo-Wilfried Tsonga rained down ten aces, finishing off Tomas Berdych 6-3, 6-4 in 72 minutes on Saturday to power into a second Rotterdam World Tennis final on Saturday. The French sixth seed will compete for his first title at the Ahoy stadium after finis

Published 19 Feb, 2017 12:00am

Lincoln stun Burnley in historic FA Cup win

Sean Raggett scored an 89th-minute winner as non-league Lincoln City stunned Burnley 1-0 on Saturday to claim one of the biggest upsets in the history of the FA Cup. Eighty-one places below Burnley in the English football pyramid, fifth-tier Lincoln preva

Published 19 Feb, 2017 12:00am

Second edition of KP Female Games begin

The 2nd edition of the Khyber Pakhtunkhwa Under-23 Female Games got under way at Dera Ismail Khan Sports Complex amidst great fun and joys in the colourful opening ceremony with more than 480 female players are taking part in 13 different disciplines with

Published 19 Feb, 2017 12:00am

Iyer shines as India A struggle against Aussies

India A struggled to score runs against a mighty Australian bowling attack Saturday as the visitors declared their innings at 469 on the second day of a three-day warm-up match in Mumbai. The home team were 176 for four at close, with Shreyas Iyer (85) an

Published 19 Feb, 2017 12:00am

Alpine skiing: Flawless Shiffrin wins world slalom title

American Mikaela Shiffrin re-wrote the history books Saturday by laying down two near-perfect runs to convincingly win a third consecutive world slalom title. The untouchable 21-year-old, who won giant slalom silver on Thursday, had dominated the first le

Published 19 Feb, 2017 12:00am

Five-minute Gameiro hat-trick spurs Atletico win

Substitute Kevin Gameiro hit the second fastest hat-trick in La Liga history in five minutes as Atletico Madrid maintained their grip on fourth in La Liga with a 4-1 win at Sporting Gijón. Gameiro was only introduced 28 minutes from time but struck in the

Published 19 Feb, 2017 12:00am

Gladiators win PSL's top scoring match

Kevin Pietersen stuck blistering 88 as Quetta Gladiators defeated Lahore Qalandars by 5 wickets in the highest-scoring match of Pakistan Super League (PSL) played at Sharjah Cricket Stadium, UAE on Saturday. Chasing a mammoth total of 200 set by Lahore Qa

Published 19 Feb, 2017 12:00am

Young topples Isner in Memphis Open quarters

American John Isner became the latest seed to be upset at the ATP Tour's Memphis Open on Friday as the second seed lost in three sets to unheralded Donald Young. The world No. 81 Young posted his first career win over Isner in four meetings by outlasting

Published 19 Feb, 2017 12:00am

Hamdan Polo Cup final today

Pakistan Army and Master Paints will view for the top honour in the Hamdan Housing Polo Cup 2017 final to be played today here at the Lahore Polo Club (LPC) ground. The subsidiary final will be contested between MMS and Master/Diamond Paints team. SKB and

Published 19 Feb, 2017 12:00am

Peshawar University Annual Sports Day on February 20

University of Peshawar Boys Sports Annual Day and Inter-College Athletic Championship will be organized on February 20-21, 2017 at 10.00am. This was stated by Director General Sports University of Peshawar Bahre Karam while talking to media here on Saturd

Published 19 Feb, 2017 12:00am

PCB issues charge sheets to Sharjeel, Latif

The Pakistan Cricket Board (PCB) has issued charge sheet to suspended batsmen Sharjeel Khan and Khalid Latif under the PCB Anti-Corruption Code for their alleged involvement in the Pakistan Super League (PSL) spot-fixing scandal. Both the players have bee

Published 19 Feb, 2017 12:00am

Danish tourist dies after Turkey balloon fall

A Danish tourist died on Saturday in a fall during a hot-air balloon sightseeing ride over a UNESCO world heritage site in central Turkey, Danish and Turkish officials said. The Turkish transport ministry said the individual died after "falling from the b

Published 19 Feb, 2017 12:00am

DR Congo calls video of massacre by soldiers a fake

The Democratic Republic of Congo condemned as a "ridiculous montage" Saturday a video purporting to show a massacre of unarmed civilians by DR Congo soldiers. The seven-minute video, which appears to be taken by cellphone, was provided to AFP late Friday

Published 19 Feb, 2017 12:00am

Thousands rally in Malaysia to back Islamic penal code bill

Tens of thousands of Malaysians rallied in the capital on Saturday to support the adoption of a strict Islamic penal code, a proposal religious minorities fear could infringe their rights. Prime Minister Najib Razak has thrown his weight behind the conten

Published 19 Feb, 2017 12:00am

Intel hub set up in Uganda to fight shadowy rebel group

Countries in Africa's Great Lakes region launched an intelligence nerve centre in Uganda Saturday to better coordinate the fight against a rebel group responsible for massacres in neighbouring DR Congo. A string of bloody killings in which civilians have

Published 19 Feb, 2017 12:00am

US coalition says IS command center destroyed in Mosul

The US-led military coalition said on Saturday its forces had destroyed a building in the main medical complex of western Mosul that was suspected of housing an Islamic State command center. The militant group disputed the assertion, saying in an online s

Published 19 Feb, 2017 12:00am

Currency	Rate
USD PKR Interbank Selling / Oct 11	277.73
USD PKR Interbank Buying / Oct 11	277.53
USD to Japanese Yen / Oct 11	148.67
USD to Swiss Franc / Oct 11	0.86
Pound Sterling to USD / Oct 11	1.30
Euro to USD / Oct 11	1.09

Stock	Volume
S&P 500 / Oct 10	5,780.05
Nasdaq / Oct 10	18,282.05
Dow Jones / Oct 10	42,454.12
India Sensex / Oct 11	81,423.22
Tokyo Nikkei / Oct 11	39,628.27
Hang Seng / Oct 11	21,251.98
FTSE 100 / Oct 11	8,230.11
Germany DAX 30 / Oct 11	19,187.20

Item	Value
Gold 10 Grams PKR / Oct 10	233,028.70
Petrol/Litre / Oct 11	247.03
Crude Oil USD/Barrel / Oct 11	75.67
Karachi Cotton PKR/37.32 KG / Oct 11	17,985
Gold Spot USD/Ounce / Oct 11	2,644.73
Diesel/Litre / Oct 11	246.29

Stock	Price
786 Invest Ltd / Oct 11 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 11 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 11 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 11 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 11 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 11 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 11 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 11 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 11 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 11 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 11 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 11 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 11 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 11 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 11 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 11 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 11 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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