News Archives for Print - 2017-02-21

Print - 2017-02-21

Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Monday (February 20, 2017).

Published 21 Feb, 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 Monday (February 20, 2017).

Published 21 Feb, 2017 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Monday (February 20, 2017).

Published 21 Feb, 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 21 Feb, 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 21 Feb, 2017 12:00am

Aaj TV - Tuesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 21 Feb, 2017 12:00am

India's naphtha exports to fall on rising local demand

India's 2017 naphtha exports are expected to fall, after the volumes rose for the first time in five years in 2016, and this would prove untimely for buyers who are already hit by tighter supplies. Fewer European naphtha in Asia and a lack of alternative

Published 21 Feb, 2017 12:00am

Canadian canola futures fall

ICE Canadian canola futures fell on Friday for a second straight session, pressured by a drop in rival vegetable oils, soyaoil and palm. March canola dipped $3.60 at $517.70 per tonne. Most-active May canola lost $3.80 to $525 per tonne, and the contract

Published 21 Feb, 2017 12:00am

Russia's February grain exports to fall

Russian grain exports are expected to fall in February from January due to stormy weather in ports and a stronger rouble making Russian grain less competitive in global dollar-denominated markets, the SovEcon agriculture consultancy said. Russia, a major

Published 21 Feb, 2017 12:00am

CBOT wheat hits one-week low

Wheat futures on the Chicago Board of Trade declined Friday on follow-through technical selling after a weak close a day earlier, and plentiful old-crop US and global grain supplies, traders said. CBOT March wheat settled down 6-3/4 cents at $4.41 per bus

Published 21 Feb, 2017 12:00am

Ivory Coast weather to boost cocoa mid-crop

Rain last week in most of Ivory Coast's main cocoa growing regions will help produce an abundant April-to-September mid-crop, farmers said on Monday, though dry, hot weather was damaging flowers in the east. The dry season in the world's top cocoa produce

Published 21 Feb, 2017 12:00am

EU wheat futures ease off six-month high

Euronext wheat futures eased off a six-month high on Friday, pressured by weaker Chicago prices to end a volatile trading week little changed. International wheat markets rallied this week, buoyed by short-covering from investment funds, brisk export dema

Published 21 Feb, 2017 12:00am

China in talks to sell corn to Japan

China's COFCO Corp is in talks to sell a small cargo of corn to Japanese trading house Mitsubishi Corp, two sources said on Friday, rare foreign sale of grain from the world's No 2 producer. The state-controlled Chinese company is in discussions to sell a

Published 21 Feb, 2017 12:00am

Cotton

Lacklustre conditions in cotton market

Lack of buying interest again witnessed among the leading buyers on the cotton market on Monday, dealers said. The official spot rate was unmoved at Rs 6650, they said. In Sindh, seed cotton prices were lower by Rs 100 to Rs 3300-3400, they said. In Punja

Published 21 Feb, 2017 12:00am

Cotton

PMEX daily trading report

On Friday, at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,134. The total traded value of rMetals, Energy and COTS/FX was recorded at PKR 5.24 billion and the number of lots traded was 11,432. Major business was contributed by cu

Published 21 Feb, 2017 12:00am

Palm oil falls on European vegoils market

Palm oil on the European vegetable oils market continued to fall on Friday, on expectations production will rise in the coming months, while exports were still seen slow. Asking prices for palm oil were mostly between $7.50 and $15 a tonne lower after Mal

Published 21 Feb, 2017 12:00am

Warm spell may coax US winter wheat out of dormancy

Unusually mild temperatures are forecast to linger in the US Plains and Midwest through next week, potentially advancing the growth of the region's winter wheat, weather and crop experts said on Friday. An early growth spurt could leave the crop vulnerabl

Published 21 Feb, 2017 12:00am

Activities at Karachi and Qasim ports

The Karachi Port handled 278,482 tonnes of cargo comprising 184,464 tonnes of import cargo and 94,018 tonnes of export cargo including NA loaded and empty containers during the last 48 hours ending at 0700 hours on Monday. The total import cargo of 184,46

Published 21 Feb, 2017 12:00am

CBOT corn falls to one-week low

Corn futures on the Chicago Board of Trade fell on Friday on follow-through selling and long liquidation after Thursday's poor technical close, traders said. CBOT March corn settled down 5-1/4 cents at $3.68-1/4 per bushel after dipping to a one-week low

Published 21 Feb, 2017 12:00am

Shanghai copper up

Shanghai Futures Exchange copper was up 0.4 percent at 48,770 yuan ($7,096) a tonne on Monday, buoyed by supply worries after the world's second-biggest copper mine in Indonesia said it could not deliver promised shipments due to export permit issues. Fre

Published 21 Feb, 2017 12:00am

Copper, zinc and nickel rebound on supply concerns

The price of copper bounced back above $6,000 a tonne on Monday as a dispute affecting production at the world's second-biggest copper mine worsened, while zinc was boosted by a drop in inventories. Supply issues dominated the base metals market, with nic

Published 21 Feb, 2017 12:00am

Platts revamps Brent oil benchmark for first time in a decade

Oil pricing agency S&P Global Platts is making the first major overhaul of its Brent oil price assessment in a decade, to address falling supplies of the crude oil grades underpinning the benchmark that prices most of the world's oil. A decline in supply

Published 21 Feb, 2017 12:00am

Rubber falls

Benchmark Tokyo rubber futures extended losses into a fourth straight session on Monday and touched a near 1-month intraday low, as weaker Shanghai futures weighed on market sentiment. The Tokyo Commodity Exchange rubber contract for July delivery finishe

Published 21 Feb, 2017 12:00am

Rotterdam vegetable oil prices

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

Published 21 Feb, 2017 12:00am

Rotterdam vegetable oil prices

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

Published 21 Feb, 2017 12:00am

Brazil government approves first-ever robusta coffee imports

Brazil's government has authorized the country's first-ever imports of robusta coffee, at the request of the instant coffee industry, and it should soon start taking delivery of limited amounts from Vietnam, an agriculture ministry official said on Thursd

Published 21 Feb, 2017 12:00am

Malaysian palm oil at three-month low

Malaysian palm oil futures slid for a third consecutive session on Monday, falling to its lowest since mid-November as slowing demand and expectations of higher supplies weighed on the market. Benchmark palm oil futures for May delivery on the Bursa Malay

Published 21 Feb, 2017 12:00am

White sugar ends higher, US holiday slows trade

White sugar and robusta coffee futures edged higher on Monday while London cocoa eased in thin conditions due to the closure of New York-based contracts for Presidents Day. Raw sugar, arabica coffee and New York cocoa markets will reopen on Tuesday. White

Published 21 Feb, 2017 12:00am

Gold steadies in Asia

Gold prices held steady on Monday, with investors looking ahead to a clutch of speeches from US Federal Reserve officials later in the week for clues on the timing of possible interest rate hikes. Spot gold had inched down 0.1 percent to $1,233.61 per oun

Published 21 Feb, 2017 12:00am

Gold rises in Europe

Gold firmed on Monday as the dollar softened, although moves were muted as markets awaited details on US President Donald Trump's tax policy, and guidance on the pace of interest rate hikes from a raft of Federal Reserve speakers this week. The metal is h

Published 21 Feb, 2017 12:00am

On a South African farm, despair over armyworm attack

Peeling back the maize plant's leaves reveals a small brown caterpillar - an armyworm that writhes as it burrows into the heart of the crop, producing a sticky dark paste. Eighty percent of the Prinsloo family's maize plants are under attack, as are those

Published 21 Feb, 2017 12:00am

Economy good, but homes in German cities overpriced: Bundesbank

Homes in large German cities are between 15 and 30 percent overpriced, the Bundesbank said on Monday, in a message that is likely to stoke further fears in Europe's strongest economy about the side-effects of monetary stimulus. The German economy will sta

Published 21 Feb, 2017 12:00am

Economy good, but homes in German cities overpriced: Bundesbank

Published 21 Feb, 2017 12:00am

Steinhoff and Shoprite scrap merger

South Africa's Steinhoff and grocery retailer Shoprite called off a deal on Monday to create an African shopping giant, preventing leading investor Christo Wiese from bringing more of his retail assets under one roof. Billionaire Wiese, a shareholder in b

Published 21 Feb, 2017 12:00am

Amazon says to create 5,000 jobs in UK

US tech and retail giant Amazon on Monday said it would create 5,000 British jobs this year, in a show of confidence in the UK economy ahead of Brexit. "Amazon UK today announced plans to create more than 5,000 full-time jobs this year, taking the company

Published 21 Feb, 2017 12:00am

Japan returns to trade deficit in January

Japan logged its first trade deficit in five months in January, official data showed Monday, as higher energy prices overwhelmed slower growth in exports due to the lunar new year. The country routinely falls into deficit in January due to the lunar new y

Published 21 Feb, 2017 12:00am

UK factories pick up pace in February, but so do price pressures

British manufacturers had their best month in two years in February but the post-Brexit vote fall in the value of the pound is making them push up their prices sharply, posing a challenge for 2017, an industry survey showed.

Published 21 Feb, 2017 12:00am

IMF says drought to cut Somalia's growth to 2-2.5 percent

Somalia's economy is likely to expand by 2-2.5 percent this year, down from an estimated 3.4 percent last year, as drought cuts output in the important agriculture sector, the IMF's country representative said on Monday. Ravaged by decades of civil confli

Published 21 Feb, 2017 12:00am

Women named to head Saudi bourse, major bank

Women have been named to head Saudi Arabia's stock exchange and a major bank, the institutions announced, despite the kingdom's social restrictions on females. Samba Financial Group on Sunday said Rania Mahmoud Nashar had begun work as chief executive off

Published 21 Feb, 2017 12:00am

Singapore unveils bigger 2017-18 budget

Singapore presented a bigger budget for the coming year, providing support for its most struggling sectors but keeping a surplus in case global economic conditions worsen and put the city-state's growth at risk. Following up on recommendations by a key ad

Published 21 Feb, 2017 12:00am

Currency

EU and IMF in 'common position' on Greece

Eurozone ministers sought Monday to break a deadlock with the IMF on Greece's bailout, with Germany saying they had now reached a "common position." Greece's EU and IMF creditors have been locked for months in a standoff over debt relief for Greece and bu

Published 21 Feb, 2017 12:00am

French bond market rattled by poll showing Le Pen closing gap

The premium investors demand to hold French bonds instead of German debt rose to its highest since late 2012 on Monday after a poll showed the far-right Marine Le Pen narrowing the gap with centrist opponents in the race for the French presidency. Renewed

Published 21 Feb, 2017 12:00am

French bond market rattled by poll showing Le Pen closing gap

Published 21 Feb, 2017 12:00am

Indian shares gain; TCS rallies

Indian shares rose around 0.7 percent on Monday, erasing earlier losses to hit their highest close since September as IT stocks rallied after Tata Consultancy Services announced a share buyback at a substantial premium. TCS rose about 4 percent after sayi

Published 21 Feb, 2017 12:00am

Currency

Tokyo stocks rise as yen loses ground

Tokyo stocks overcame early losses to end modestly higher on Monday as yen weakness prompted late bargain-hunting. Shares opened in negative territory even though US stocks hit new highs Friday for the sixth time in seven sessions, with investors focusing

Published 21 Feb, 2017 12:00am

UK's top share index steadies, Unilever slumps

Britain's top share index steadied after hitting a new one-month high on Monday, with a slump in Unilever after Kraft ditched its bid offset by stronger firms like Royal Bank of Scotland and Rolls Royce. Unilever shares tumbled nearly 7 percent and were o

Published 21 Feb, 2017 12:00am

Hong Kong stocks end at 18-month high

Hong Kong stocks extended early gains and closed at a 18-month high on Monday, drawing strength from firm mainland stock and commodity markets. The benchmark Hang Seng index added 0.5 percent, to 24,146.08 points, its highest close since August 11, 2015,

Published 21 Feb, 2017 12:00am

Sri Lankan shares fall for third session

Sri Lankan shares hit a one-week closing low on Monday, as investors sold shares of blue chip firms such as Ceylon Tobacco Company Plc and John Keells Holdings Plc amid concerns over rising market interest rates. The Colombo stock index fell 0.33 percent

Published 21 Feb, 2017 12:00am

US markets closed

US stocks, financial and commodity markets were closed on Monday for the Presidents Day holiday. Markets will resume trading normally on Tuesday.

Published 21 Feb, 2017 12:00am

Australian shares end lower; New Zealand up

Australian shares ended lower on Monday, dragged down by basic materials and consumer stocks, with Brambles Ltd plummeting after it forecast a flat full-year underlying profit. The S&P/ASX 200 index ended down 0.2 percent, or 10.72 points, at 5,805.8. The

Published 21 Feb, 2017 12:00am

China blue chips post best day in six months

China's bluechip index posted its biggest daily gain in six months on Monday after media reports said pension funds may begin flowing into the country's stock markets as early as this week. Investor sentiment was also supposed by new rules unveiled by reg

Published 21 Feb, 2017 12:00am

Currency

Profit-taking weighs on Gulf markets; Egypt drops as foreign investors exit

Profit-taking swept across most stock markets in the Middle East on Monday, with United Arab Emirates bourses particularly hard hit by slides in construction company Arabtec and energy business Dana Gas. Dubai's Arabtec dropped by its 10 percent daily lim

Published 21 Feb, 2017 12:00am

Taiwan stocks steady

Taiwan stocks were largely unchanged in cautious trade on Monday ahead of exports-related data even as the index continued to test the key 9,800 level. As of 0255 GMT, the main TAIEX index was flat at 9,779.70 points, after briefly hitting a high of 9,817

Published 21 Feb, 2017 12:00am

Southeast Asian stocks eke out small gains

Most Southeast Asian stock markets edged up in thin trade on Monday, mirroring mild gains in Asian shares, with investors cautious in the absence of firm triggers ahead of a busy week for US Federal Reserve events. On the interest rates front, no less tha

Published 21 Feb, 2017 12:00am

European shares supported by miners, telecoms

European shares rose on Monday, helped by stronger telecoms and mining stocks, but a slump in Unilever following Kraft Heinz's withdrawal of a $143 billion takeover bid weighed on the broader market. The pan-European STOXX 600 index ended the day up 0.2 p

Published 21 Feb, 2017 12:00am

Currency

China adjusts yuan midpoint mechanism

China tweaked its formula for setting daily reference midpoints for its yuan currency on Monday, three sources with direct knowledge of the matter said, in what was seen as authorities' latest move to help curb speculation in the currency. Global attentio

Published 21 Feb, 2017 12:00am

Currency

Dollar sags on lower yields in Asia

A slide in US bond yields pressured the dollar against the yen on Monday, while the euro struggled for traction after suffering significant losses at the end of last week on renewed concerns about the upcoming French elections. Markets, already nervous ov

Published 21 Feb, 2017 12:00am

Currency

Euro inches higher in Europe in face of French politics

The euro rode out signs of gains for far-right French presidential candidate Marine Le Pen on Monday, inching higher against the dollar and the yen in trade held in check by the absence of US investors because of a holiday. French bond yields - the main m

Published 21 Feb, 2017 12:00am

Bangladesh's interbank forex rates

Inter-bank buy/sell rates for the taka against the dollar on Monday. 79.30-79.30 (previous 79.30-79.30).

Published 21 Feb, 2017 12:00am

Currency

Egyptian pound rebounds from flotation slide

The Egyptian pound strengthened against the US dollar on Monday, regaining ground after record lows which followed the central bank's decision to float the currency in November. After plunging to 8.83 pounds against the dollar before the flotation to almo

Published 21 Feb, 2017 12:00am

Currency

Asia forex: Philippine peso hits 10-year low

The Philippine peso tumbled to its lowest level in more than a decade on Monday, with its slide picking up further momentum after it breached psychological support at 50 per US dollar. The head of the Philippine central bank said the peso's weakness was d

Published 21 Feb, 2017 12:00am

Currency

Sri Lankan rupee falls

The Sri Lankan rupee ended weaker on Monday on dollar demand from importers and foreign banks as foreign investors sold government securities amid concerns of further depreciation in the rupee, dealers said. Rupee forwards were active, with one-month forw

Published 21 Feb, 2017 12:00am

Currency

Pound gains ground as Lords launch Brexit debate

The pound rose against most major currencies on Monday, snapping a three-day fall versus the euro at the start of another week likely to be dominated by questions about how Britain will leave the EU and the impact of Brexit on the economy. The upper house

Published 21 Feb, 2017 12:00am

Currency

Aussie and kiwi fall

The Australian dollar slipped for a third session on Monday after repeatedly failing to break above key chart resistance at 77 US cents, with focus shifting to a slew of data and central bank events this week. The Australian dollar was 0.18-percent lower

Published 21 Feb, 2017 12:00am

Nishikori suffers sixth successive final loss

Japanese top seed Kei Nishikori lost a sixth successive final on Sunday when he was defeated by Ukraine's Alexandr Dolgopolov 7-6 (7/4), 6-4 in the Buenos Aires clay-court title match. The world number five had already lost in the Brisbane final in Januar

Published 21 Feb, 2017 12:00am

Olympics 2020: UK Sport rejects funding appeals

UK Sport chiefs have rejected funding application appeals by seven sports that hoped for a cash boost ahead of the 2020 Olympics in Tokyo. Archery, badminton, fencing, table tennis and weightlifting, and Paralympic sports goalball and wheelchair rugby wil

Published 21 Feb, 2017 12:00am

Peshawar college boys athletic: Faris John bags two gold medals

Promising athlete Faris John of Govt College Peshawar recorded two gold medals and a bronze on the opening day of the University of Peshawar Inter-College Boys Athletic Championship, which got under way here at Hostel ground on Monday. Director General Sp

Published 21 Feb, 2017 12:00am

Stokes sold for record $2.16 million at IPL

England players attracted megabucks bids in the Indian Premier League auction Monday, with all-rounder Ben Stokes setting a new record for a foreigner by joining the Rising Pune Supergiants for more than $2 million. England pace bowler Tymal Mills was the

Published 21 Feb, 2017 12:00am

PSL final in Lahore a 'good omen', say Javed and Ramiz

While the management of Pakistan Super League (PSL) and its franchisees have decided to hold final of mega event in Lahore on March 5, the new players' draft of PSL-II will decide the availability of foreign players to play the final. Former cricketers in

Published 21 Feb, 2017 12:00am

South Sudan suffering 'man-made' famine

South Sudan on Monday declared famine in some parts of the country, with more than three years of war leaving nearly five million hungry in what aid groups called a "man-made" tragedy. Isaiah Chol Aruai, chairman of South Sudan's National Bureau of Statis

Published 21 Feb, 2017 12:00am

North Korea, Malaysia row as Kim killing film emerges

North Korea and Malaysia on Monday locked horns over the investigation into the killing of leader Kim Jong-Un's brother, as footage emerged of the moment he was fatally attacked in a Kuala Lumpur airport. Malaysia's probe has put five North Koreans in the

Published 21 Feb, 2017 12:00am

Cambodia's Prime Minister empowers court to dissolve rival parties

Cambodia's parliament passed a law Monday giving judges sweeping powers to dissolve political parties, a move seen as a brazen attempt by premier Hun Sen to checkmate his opponents ahead of next year's polls. Hun Sen, who for three decades has led the cou

Published 21 Feb, 2017 12:00am

France's FN raided over expenses scandal

French investigators probing an alleged fake jobs scam by the far-right National Front (FN) raided the group's headquarters outside Paris on Monday, the party said. The raid is the second in a year by investigators trying to determine whether the FN used

Published 21 Feb, 2017 12:00am

Libya PM convoy comes under fire in Tripoli

A convoy carrying Libya's contested unity government chief, Fayez al-Sarraj, and other top officials came under heavy gunfire Monday in Tripoli, but they survived unharmed, spokesmen for his administration said. "The convoy of GNA (Government of National

Published 21 Feb, 2017 12:00am

Russia's UN envoy dies 'unexpectedly'

Russia's envoy to the United Nations Vitaly Churkin died suddenly on Monday, the foreign ministry said, without giving details of the cause. "On February 20, the Permanent Representative of Russia in the UN Vitaly Churkin unexpectedly died in New York," i

Published 21 Feb, 2017 12:00am

Four Russian military dead in Syria blast

Four Russian military personnel were killed and two injured when their vehicle was targeted with explosives in central Syria last week, a defence ministry statement quoted by Russian agencies said Monday. "Four Russian servicemen died when their car explo

Published 21 Feb, 2017 12:00am

Syrian army ramps up shelling near capital

Syrian government forces Monday escalated their bombing campaign around Damascus, raining shells down on rebel territory and sending out a "bloody message" just days before renewed peace talks in Geneva. Representatives from the opposition and of Presiden

Published 21 Feb, 2017 12:00am

Pence reassures Europe, demands Nato funds

US Vice President Mike Pence told nervous Europeans Monday that Donald Trump will remain committed to transatlantic ties, but warned Nato allies they must boost their defence spending in return. Capping a European trip aimed at allaying fears about the ne

Published 21 Feb, 2017 12:00am

Sri Lanka arrests army spies over editor's murder

Sri Lankan police have arrested five military intelligence officers on suspicion of assassinating a prominent anti-establishment newspaper editor and orchestrating attacks on other journalists and dissidents under the former regime, a legal source said Mo

Published 21 Feb, 2017 12:00am

Delay risk as Britain's Lords begin Brexit bill debate

Britain's House of Lords could delay a bill empowering Prime Minister Theresa May to trigger Brexit, with EU citizens campaigning for their rights to be protected as debate gets under way Monday. The upper house of parliament was to start considering the

Published 21 Feb, 2017 12:00am

Global arms trade highest since Cold War

Worldwide arms trade has risen to its highest level since the Cold War in the last five years, driven by a demand from the Middle East and Asia, a study said Monday. Between 2012-2016, arms imports in terms of volume by countries in Asia and Oceania accou

Published 21 Feb, 2017 12:00am

Senate body seeks details of contracts with telecom firms

A Senate sub-committee of Functional Committee on Problems of Less Developed Areas on Monday sought details of contracts made with different telecom companies from officials of Universal Service Fund (USF). A meeting of the committee was held here in the

Published 21 Feb, 2017 12:00am

EOBI's investment portfolio stands at Rs 302.28 billion

Total investment portfolio of Employees' Old-Age Benefits Institution (EOBI) as on January 31, 2017 stands at Rs 302.28 billion while investment income for the period from July 2016 to January 2017 is Rs 30.2 billion against the budgeted amount of Rs 19.5

Published 21 Feb, 2017 12:00am

NAB chief to consider SECP's complaint

Qamar Zaman Chaudhry, Chairman NAB has taken cognizance of two cases on a complaint lodged by Chairman, Securities and Exchange Commission of Pakistan (SECP) regarding MR Securities (SMC-Private) Limited (MRSPL) and AWJ Securities Private Limited.

Published 21 Feb, 2017 12:00am

NA body seeks funds for KS&EW development

National Assembly Standing Committee on Defence Production has recommended that requisite (lump sum) funds for financial years 2016-17 and 2017-18 for Karachi Shipyard & Engineering Works (KS&EW) for installation of ship lift and transfer system as well a

Published 21 Feb, 2017 12:00am

NA body seeks funds for KS&EW development

Published 21 Feb, 2017 12:00am

Gadani incident: 'Shipowners require NOC from BDA before shipbuilding work'

If any ship reaches Gadani for breaking, its work should not be started until a written clearance for it is issued by the relevant departments in Balochistan, said members of National Assembly Standing Committee on Human Rights. A meeting of the committee

Published 21 Feb, 2017 12:00am

Attock Petroleum Limited

The Attock Petroleum Limited (PSX: APL) is engaged in the downstream petroleum business of the country, and is part of the only integrated oil and gas group in the country - Attock Oil Group. It was incorporated in 1998.

Published 21 Feb, 2017 12:00am

Attock Petroleum Limited

Published 21 Feb, 2017 12:00am

Xiaomi Mi Max, Redme Note 4 & 4A launch in Pakistan

Xiaomi launched Mi Max, Redmi Note 4 and Redmi 4A in Pakistan here on Monday. Zong 4G, partners with Smart Link Technologies brought Asia's largest smartphone brand, Mi to the Pakistani market. Xiaomi (pronounced shao-mee), the world's third largest smart

Published 21 Feb, 2017 12:00am

Status of 'National Language' to regional languages demanded

Majority of the participants of a public hearing on Monday demanded recognition of major regional languages of the country as national languages, besides formation of a commission for devising a mechanism on the matter.

Published 21 Feb, 2017 12:00am

Water & power ministry team leaving for Iran

An official delegation led by Secretary Ministry of Water and Power, Younus Dagha is visiting Tehran for 2 days from Tuesday (today) aimed at exploring ways and means to expand vistas of cooperation in different fields, well informed sources told Busin

Published 21 Feb, 2017 12:00am

Hostile attitude of Centre towards provinces blamed for delays in uplift projects

The hostile attitude of the federal government towards provinces is delaying development projects and escalating costs, as revised PC-1 of Chashma Right Bank Canal has estimated the cost of project to Rs 119.6 billion against the original PC-1 of Rs 25 bi
Published 21 Feb, 2017 12:00am

HMC employees protest against non-payment of salaries

The employees of Hyderabad Municipal Cooperation sub-division Latifabad protested for noot getting salaries on Monday Talking to the media, employees including Mohammad Usman, Shahid and others said that the Mayor and Deputy Director of Hyderabad are not
Published 21 Feb, 2017 12:00am

Australian Ambassador meets Fatemi

The Australian Ambassador for Counter-terrorism, Paul Foley PSM, accompanied by Australian High Commissioner Margaret Adamson, called on the Special Assistant to the Prime Minister on Foreign Affairs, Syed Tariq Fatemi, here on Monday. The SAPM briefed th
Published 21 Feb, 2017 12:00am

Nine Afghans among 31 suspects detained

Islamabad police along with Pakistan Rangers and other security agencies on Saturday conducted search operation in various areas of Khana and Aabpara police stations and arrested 31 suspects including 9 Afghan nationals. According to the police spokesman,
Published 21 Feb, 2017 12:00am

PTI to shun Panamagate rallies until Supreme Court verdict

Pakistan Tehreek-e-Insaaf (PTI) has decided not to conduct rallies till verdict in Panama leaks case is announced by the apex court. According to the party resources, Chairman PTI, Imran Khan on Monday issued directives to party's leadership not to conduc
Published 21 Feb, 2017 12:00am

POF inks agreement with Beretta Italy at Idex-2017

A Letter of Understanding (LoU) was signed on Monday between Pakistan Ordinance Factory (POF) and Beretta Italy at Idex-2017 being held at Abu Dhabi UAE. The agreement was signed by Chairman POF Board, Lieutenant General Omar Mahmood Hayat, HI (M) and Ant
Published 21 Feb, 2017 12:00am

Four charged in Hina Shahnawaz murder case arrested

Kohat police on Monday said they had arrested one of the main suspects in the Hina Shahnawaz murder case, along with three alleged accomplices. District Police Officer Kohat Javed Iqbal said that one of the main perpetrators of the crime, Zulfiqar Ali Bhu
Published 21 Feb, 2017 12:00am

MoU with Canadian agency for solar-power projects in KP

The Industries, Commerce and Technical Education Department (ICTED) of KP government announced exclusive partnership with the official international contracting agency of the Government of Canada - Canadian Commercial Corporation (CCC), here on Monday.
Published 21 Feb, 2017 12:00am

Previous Day

Forex
World
Commodity

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

Gainers
Losers
Leaders

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

Markets →

Most Popular

Today

Yesterday

Past 3 Days

IMF official supports reforms in public sector

Govt approves termination of existing Power Purchase Agreement with five IPPs

NJLI Sarmaya Growth Fund Rates

IMF flags risks to Pakistan’s repayment capacity

Non-filers, CFOs of wealthy units: Pay taxes, avoid input adjustment misuse, says Aurangzeb

Govt ends deals with five private IPPs

Immovable properties: FBR may issue enhanced values today

True riba-free Islamic banking

Pakistan’s listed firms announce key partnerships with Saudi companies

Govt approves termination of existing Power Purchase Agreement with five IPPs

Refined POL items and solar power: Chinese team to explore deals with PD today

NJLI Sarmaya Growth Fund Rates

HUBCO reaches ‘negotiated settlement’ with govt for early termination of power agreements

Saudi Arabia, Pakistan to sign Barrick deal in few weeks, says Al Faleh

Listed IPPs Hubco, Lalpir call emergency meetings as govt moves towards agreement termination

RMB, FDI, export-oriented enterprises: GFZ may be granted exemption to initiate pilot project

Gold price per tola decreases Rs3,000 in Pakistan

Privatising PIA: a Herculean task

NJLI Sarmaya Growth Fund Rates

Govt approves termination of existing Power Purchase Agreement with five IPPs

32 top Saudi cos’ team due today

Gold price per tola decreases Rs3,000 in Pakistan

Heavy investment expected in ‘Pakistan Sovereign Wealth Fund’

Refined POL items and solar power: Chinese team to explore deals with PD today

HUBCO reaches ‘negotiated settlement’ with govt for early termination of power agreements

Hubco likely to follow suit: Four IPPs ink deal to annul pacts early

Pakistan’s remittance inflow stands at $2.85bn in September 2024, up 29% year-on-year

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