News Archives for Print - 2017-04-06

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (April 05, 2017).

Published 06 Apr, 2017 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Wednesday (April 05, 2017).

Published 06 Apr, 2017 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Wednesday (April 05, 2017).

Published 06 Apr, 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 Wednesday (April 05, 2017).

Published 06 Apr, 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 Wednesday (April 05, 2017).

Published 06 Apr, 2017 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (April 05, 2017).

Published 06 Apr, 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 06 Apr, 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 06 Apr, 2017 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 06 Apr, 2017 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 06 Apr, 2017 12:00am

Aaj TV - Thursday's schedule

All timings are in PST (Pakistan Standard Time).

Published 06 Apr, 2017 12:00am

CBOT corn futures lower

Chicago Board of Trade corn futures closed lower on Tuesday on profit-taking a day after the spot May contract touched a three-week high, traders said. CBOT May corn settled down 4-3/4 cents at $3.63 per bushel, falling below chart support at its 100- and

Published 06 Apr, 2017 12:00am

Asia's naphtha cracks rise to five-week high

Asia's naphtha cracks extended gains to hit a five-week high of $83.80 a tonne, supported by demand and shutdown of Qatar's 146,000 barrel per day condensate splitter at Ras Laffan No 1 refinery. The condensate unit produces more than 200,000 tonnes of na

Published 06 Apr, 2017 12:00am

Cotton

PMEX daily trading report

On Tuesday, at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,029. The total traded value of Metals, Energy and COTS/FX was recorded at PKR 2.42 billion and the number of lots traded was 7,462. Major business was contributed by gol

Published 06 Apr, 2017 12:00am

Canadian canola futures rise

ICE Canadian canola futures rose on Tuesday, halting a four-day skid on short-covering. Limited farmer selling to the cash pipeline added support, a trader said. The market was lower earlier on pressure from technical selling. Most-active May canola gaine

Published 06 Apr, 2017 12:00am

CBOT wheat futures mixed

US wheat futures were mixed on Tuesday, with Chicago Board of Trade wheat losing ground to K.C. hard red winter (HRW) wheat on inter-market spreads. CBOT May wheat futures settled 3/4 of a cent lower at $4.27 per bushel. K.C. May HRW wheat settled up 2-3/

Published 06 Apr, 2017 12:00am

CBOT soya futures modestly lower

Chicago Board of Trade soyabean futures settled modestly lower on Tuesday after the spot May contract fell to its lowest level in nearly a year. CBOT May soyabeans ended down 1/2 cent at $9.37-3/4 per bushel after falling to $9.36-1/2, lowest since April

Published 06 Apr, 2017 12:00am

EU wheat futures fall

European wheat futures dropped on Tuesday as Chicago prices fell and traders made technical adjustments in the absence of new fundamental factors. Front-month May milling wheat on the Paris-based Euronext was down 1.00 euro or 0.6 percent at 164.00 euros

Published 06 Apr, 2017 12:00am

Activities at Karachi and Qasim ports

The Karachi Port handled 173,504 tonnes of cargo comprising 153,730 tonnes of import cargo and 19,774 tonnes of export cargo including 6,906 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday. The total import cargo of

Published 06 Apr, 2017 12:00am

Cotton

Listless business on cotton market

A kind of uncertainty prevailed on the cotton market on Wednesday as most of buyers kept on the sidelines ahead of Panamagate case verdict, dealers said. The official spot rate was unchanged at Rs 6750, they said. In ready session, not a single deal final

Published 06 Apr, 2017 12:00am

Good weather boosts Ivory Coast cocoa mid-crop

Good rain and sun last week in most of Ivory Coast's main cocoa regions will improve the size and quality of the April-to-September cocoa mid-crop although dry weather persisted in certain areas of the south and east, farmers said on Monday.

Published 06 Apr, 2017 12:00am

Spanish joblessness falls, job creation picks up in March

The number of people registering as jobless in Spain fell last month and job creation increased as an economic revival that has cut unemployment by a third from the peak hit during a five-year recession continued. Labour Ministry data on Tuesday showed th

Published 06 Apr, 2017 12:00am

Bank runs and Frexit: French lenders prepare for Le Pen surprises

From bank runs to credit crunches, regulators and investors are asking French banks about their preparations for any market ructions that might be caused by Marine Le Pen faring better than expected in the presidential election, banking sources said. Far-

Published 06 Apr, 2017 12:00am

Number of new London homes set to fall after 2017 high

The number of new homes built in London will reach 46,500 this year but total completions will fall by a quarter at the turn of the decade, estate agents Savills said on Tuesday, in a further blow to efforts to tackle a mounting housing crisis. The govern

Published 06 Apr, 2017 12:00am

Federal Reserve inconsistent in monitoring big banks

The Federal Reserve is inconsistent in the way it monitors big banks and that lack of consistency could make it difficult to identify emerging risks across banks, according to a study by auditors at the US central bank released on Monday. Each of the 12 r

Published 06 Apr, 2017 12:00am

Brazil sees banks ready to cope with problematic corporate loans

Brazil's banks are prepared to cope with a potential rise in corporate loans in or at risk of default, the central bank said on Monday, a sign efforts by lenders to refinance looming debt maturities are slowly easing the country's worst credit crunch in t

Published 06 Apr, 2017 12:00am

Currency

Euro business must be moved from London after Brexit: Top MEP

London should cede financial transactions denominated in euros to EU cities like Amsterdam, Paris or Frankfurt following Britain's exit from the bloc, an EU Parliament leader said Tuesday. Manfred Weber, the German head of the conservative European People

Published 06 Apr, 2017 12:00am

Amazon to open three data centres in Sweden

Internet giant Amazon on Tuesday said it would build three data centres across Sweden, the first in the Nordic region, bringing the number of its "cloud" storage facilities in Europe to ten. The company said in a statement that Amazon Web Services (AWS) w

Published 06 Apr, 2017 12:00am

Thai junta secures $58 million for more Chinese tanks

Thailand's government on Tuesday agreed to buy 10 tanks from China for $58 million in the latest defence spending by a junta with a taste for Chinese hardware. The military is replacing its US-made M41 rolling stock with Chinese VT-4 tanks, as it continue

Published 06 Apr, 2017 12:00am

Thai junta secures $58 million for more Chinese tanks

Published 06 Apr, 2017 12:00am

US blockchain company Wyre acquires Chinese payments platform

San Francisco startup Wyre Inc, a cross-border payments firm, has acquired a Beijing-based platform, Chief Executive Michael Dunworth told Reuters on Tuesday, in what he said was the first acquisition by a US company of a Chinese blockchain business in th

Published 06 Apr, 2017 12:00am

Norway to build world's first ship tunnel at sea

Norway on Wednesday unveiled plans to build the world's first sea tunnel to pass through a mountain, avoiding dangerous waters that intimidated even the Vikings. Built to bypass the Stad peninsula, a storm-swept area in western Norway, the Stad ship tunne

Published 06 Apr, 2017 12:00am

ExxonMobil, Qatar Petroleum sign Cyprus gas deal

US giant ExxonMobil with Qatar Petroleum on Wednesday signed a licence to explore for oil and gas off the coast of Cyprus, and they expect to start drilling next year. The venture was selected as part of the island's third licensing round to explore block

Published 06 Apr, 2017 12:00am

US companies hire most workers in over two years: ADP

US companies added 263,000 workers in March, the most since December 2014, suggesting further tightening of the labour market, payrolls processor ADP said on Wednesday. Strong job gains in the coming months will likely add upward pressure on wages, suppor

Published 06 Apr, 2017 12:00am

US companies hire most workers in over two years: ADP

Published 06 Apr, 2017 12:00am

New York's Eleven Madison Park named world's best restaurant

Contemporary New York eatery Eleven Madison Park was crowned the world's best restaurant of 2017 at a glitzy ceremony in Melbourne Wednesday, edging out last year's winner, Italy's Osteria Francescana. Run by Swiss-born chef Daniel Humm, the Manhattan ins

Published 06 Apr, 2017 12:00am

JAB buys US restaurant chain Panera for $7.5 billion

European fund JAB Holdings agreed to acquire US restaurant chain Panera Bread for $7.5 billion, the companies announced Wednesday. Panera will be a privately held company following the transaction and continue to be operated independently by its managemen

Published 06 Apr, 2017 12:00am

Kuwait signs new energy supply deal with Egypt

Kuwait said on Wednesday it has signed a new a multi-billion-dollar deal to supply Egypt with crude oil and petroleum products for the next three years. Under the deal, Kuwait will supply Egypt with two million barrels of crude per month and 1.5 million t

Published 06 Apr, 2017 12:00am

Mine strike leads Chile economy to eight-year-low

Chile's economic activity in February slid 1.3 percent from a year ago, the central bank said Wednesday, its worst performance since the 2009 financial crisis, largely due to a strike at a major copper mine. The IMACEC economic activity index - equivalent

Published 06 Apr, 2017 12:00am

End is 'nearing' for ECB eurozone support: Bundesbank

The eurozone economy is robust enough for the European Central Bank to consider ending its current easy money policies, the head of Germany's central bank said Wednesday. "Could it soon be time to take our foot off the gas? In my opinion, it's getting clo

Published 06 Apr, 2017 12:00am

Currency

Eurozone business activity at six-year high in broad recovery

Eurozone businesses enjoyed their best quarter in six years at the start of 2017 and although growth was not quite as fast as a flash estimate, the upturn was broad-based, a survey suggested on Wednesday. Soaring demand allowed firms to raise prices at th

Published 06 Apr, 2017 12:00am

Brazil services PMI hits highest in 2 years in March

Services activity in Brazil contracted in March at its least intense pace in two years, a private survey showed on Wednesday, with confidence in an imminent economic recovery continuing to rise in the sector after a two-year-long crisis. The Purchasing Ma

Published 06 Apr, 2017 12:00am

UK economy probably slowing after strong end to 2016: PMI

Britain's economy has probably slowed from its strong growth of late last year and a cooling jobs market and hefty price increases will become increasingly apparent as Brexit gets underway, according to a survey published on Wednesday. The Markit/CIPS Ser

Published 06 Apr, 2017 12:00am

Abu Dhabi bourse jumps ahead as confidence builds in bluechips, Saudi index up on oil rally

Stock markets in the Middle East firmed on Wednesday with Abu Dhabi outperforming its peers for a second day as institutional investors targeted bluechips, while crude oil near a one month high boosted Saudi Arabia. Abu Dhabi's index climbed 2.0 percent o

Published 06 Apr, 2017 12:00am

Sri Lankan shares hit near three-month high

Sri Lankan shares rose on Wednesday to their highest close in nearly three months led by bluechips such as John Keells Holdings Plc, as continued foreign buying boosted sentiment. The Colombo stock index ended 0.84 percent firmer at 6,198.32, its highest

Published 06 Apr, 2017 12:00am

Currency

Tokyo stocks surge

Tokyo stocks rose Wednesday, tracking gains in New York, but investors moved cautiously before a summit between Chinese President Xi Jinping and Donald Trump this week. Wall Street ticked higher after data from the US Commerce Department showed the trade

Published 06 Apr, 2017 12:00am

Wednesday's early afternoon trade: solid ADP data propels stocks rally; Nasdaq at new high

US stocks rose on Wednesday in a broad-based rally, spurred by a blowout private employment data that reinforced the strength of the economy. US companies added 263,000 workers in March, the most since December 2014 and well above economists expectations

Published 06 Apr, 2017 12:00am

Wall Street flat as investors await China meeting

US stocks were little changed on Tuesday, as investors stayed on the sidelines ahead of the first-quarter earnings season and fretted about President Donald Trump's ability to deliver on tax reform and other promises. Investors also focused on a potential

Published 06 Apr, 2017 12:00am

Hong Kong stocks tick up

Hong Kong stocks eked out marginal gains on Wednesday, drawing inspiration from a mainland rally, but gains were limited as investors were cautious before a highly-anticipated meeting between US President Donald Trump and his Chinese counterpart Xi Jinpin

Published 06 Apr, 2017 12:00am

Benchmark US yields hit multi-week lows

Benchmark US Treasury yields touched their lowest in more than five weeks on Tuesday before reversing course to trade little changed on doubts about the ability of US President Donald Trump to enact fiscal stimulus. Yields on benchmark 10-year notes dropp

Published 06 Apr, 2017 12:00am

Benchmark US yields hit multi-week lows

Published 06 Apr, 2017 12:00am

Indian shares post record high

Indian shares clocked a record closing high on Wednesday helped by a rally in auto and realty stocks, while investors awaited a central bank policy meet due this week. The broader NSE index ended 0.30 percent higher at 9,265.15. Earlier in the day the ind

Published 06 Apr, 2017 12:00am

Shanghai stocks scale 8-month high

Chinese stocks rose on Wednesday led by the Shanghai benchmark posting its best day in eight months, as investors cheered Beijing's decision to launch a new economic zone in Hebei province, sending shares of several related firms surging by the daily limi

Published 06 Apr, 2017 12:00am

European shares little changed

European shares ended little changed on Wednesday, as gains in commodity stocks were offset by weaker autos, but investors remained upbeat about prospects for the region's equities following solid economic data. The pan-European STOXX 600 index ended at 3

Published 06 Apr, 2017 12:00am

Australian, New Zealand shares up

Australian shares finished in positive territory, supported by materials and energy stocks, while investors remained cautious ahead of a potentially tense meeting between US President Donald Trump and his Chinese counterpart Xi Jinping later this week. Th

Published 06 Apr, 2017 12:00am

Southeast Asian stocks slightly down

Southeast Asian stock markets, barring the Philippines and Indonesia, ended slightly lower on Wednesday as investors awaited a crucial meeting between US President Donald Trump and his Chinese counterpart Xi Jinping. China's Foreign Ministry said Presiden

Published 06 Apr, 2017 12:00am

FTSE moves up as miner, oil stocks lend support

British shares edged higher on Wednesday, extending gains from the previous session as heavyweight mining and oil stocks rallied, while support services firm DCC also gained after agreeing to buy a business in Hong Kong and Macau. The bluechip FTSE 100 in

Published 06 Apr, 2017 12:00am

Currency

Dollar under pressure in Asia

The dollar lost its grip on earlier gains against the yen on Wednesday, remaining under pressure after North Korea fired a ballistic missile into the sea ahead of a summit between US and Chinese leaders. Pyongyang's test-fire came just a day before US Pre

Published 06 Apr, 2017 12:00am

Currency

Dollar surges against yen in Europe

The dollar edged up against the yen in European trading on Wednesday but fell short of broader gains after North Korea test-fired a ballistic missile ahead of a key meeting between US and Chinese leaders. Pyongyang's missile launch came a day before talks

Published 06 Apr, 2017 12:00am

Currency

Early trade in NY: Dollar advances after robust US private sector jobs report

The US dollar gained against the yen on Wednesday for the first time in four days after a report showed US private sector employers created more jobs than expected in March, suggesting a stable labour market and supporting forecasts for at least two more

Published 06 Apr, 2017 12:00am

Currency

Yen rises against dollar and euro in New York

The safe-haven yen advanced to a one-week high against the dollar and a 4-1/2-month peak versus the euro on Tuesday, as investors grew cautious about a possibly contentious meeting between US President Donald Trump and Chinese President Xi Jinping. Trump

Published 06 Apr, 2017 12:00am

Currency

Sri Lankan rupee slightly weaker

The Sri Lankan rupee ended weaker in dull trade on Wednesday as late importer dollar demand outpaced the early gains from inward remittances and exporter greenback sales ahead of the festival season, dealers said. The central bank cut the spot rupee refer

Published 06 Apr, 2017 12:00am

Currency

Asian currencies slip

Some Asian currencies edged lower on Wednesday, ahead of a United States-China summit that could highlight trade tensions between the world's two largest economies. The South Korean won fell 0.3 percent, while the Taiwan dollar and Indian rupee both slipp

Published 06 Apr, 2017 12:00am

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Wednesday. 79.70-79.70 (previous 79.70-79.70).

Published 06 Apr, 2017 12:00am

Currency

Strong UK services data throws sterling a lifeline

Sterling jumped on Wednesday after data showed growth in Britain's dominant services sector hit a three-month high in March, soothing some fears over the health of the economy after manufacturing and construction surveys showed growth slowing. The pound,

Published 06 Apr, 2017 12:00am

Aussie, kiwi down

The Australian dollar stayed under pressure on Wednesday, after four straight sessions of losses, as traders read the latest commentary from the country's central bank as slightly dovish. The Australian dollar held at $0.7570, not far from a three-week lo

Published 06 Apr, 2017 12:00am

'Next generation' excite Cook

Former Test captain Alastair Cook is relishing playing alongside the "next generation" of England leaders as he bids to secure his place in the 2017/18 Ashes squad for Australia. Opening batsman Cook, England's all-time leading Test run-scorer, resigned a

Published 06 Apr, 2017 12:00am

Gabon players union boss blasts late pay 'slavery'

Footballers in Gabon are being treated as slaves through the systematic late payment of salaries, the head of the country's players union told AFP. Remy Ebanega's outburst came in the wake of a damning Fifpro report which revealed that 95.6 percent of pla

Published 06 Apr, 2017 12:00am

US soccer, women's team settle labour dispute

The United States Soccer Federation and the country's women footballers agreed a new long-term labour deal on Wednesday, ending a dispute that had raised the prospect of strike action. Both sides signed a collective bargaining agreement (CBA) through to 2

Published 06 Apr, 2017 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 18	277.72
USD PKR Interbank Buying / Oct 18	277.52
USD to Japanese Yen / Oct 18	150.08
USD to Swiss Franc / Oct 18	0.87
Pound Sterling to USD / Oct 18	1.31
Euro to USD / Oct 18	1.08

Stock	Volume
S&P 500 / Oct 17	5,841.47
Nasdaq / Oct 17	18,373.61
Dow Jones / Oct 17	43,239.05
India Sensex / Oct 18	81,255.34
Tokyo Nikkei / Oct 18	38,981.75
Hang Seng / Oct 18	20,782.51
FTSE 100 / Oct 18	8,357.65
Germany DAX 30 / Oct 18	19,583.37

Item	Value
Gold 10 Grams PKR / Oct 17	238,254
Crude Oil USD/Barrel / Oct 18	71
Karachi Cotton PKR/37.32 KG / Oct 18	17,885
Gold Spot USD/Ounce / Oct 18	2,708.54
Cotton US¢/pound / Oct 18	71.32
Petrol/Litre / Oct 19	247.03

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 19 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 19 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 19 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 19 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 19 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 19 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 19 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 19 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 19 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 19 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 19 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 19 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 19 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 19 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 19 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 19 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 19 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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