News Archives for Print - 2017-04-20

Currency

Banks' rates for currency notes (buying and selling)

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Wednesday (April 19, 2017).

Published 20 Apr, 2017 12:00am

Chakwal bye-poll: 'PML-N candidate's success reflects party's popularity'

Pakistan Muslim League-Nawaz leader Hamza Shahbaz has felicitated Malik Shehryar Awan on his success in bye-election of PP-23 Chakwal. Hamza said that PML-N has set a new example of public service in four years and the PML-N government is popular among th

Published 20 Apr, 2017 12:00am

Absence of ministers irks Senate chairman

Despite warning from no other than the chief executive of the country to ministers to take parliamentary business serious, answers to nine questions were missing while three ministers were not present which earned the ire of Senate chairman once again.

Published 20 Apr, 2017 12:00am

PPPP stages walkout of NA for 6th consecutive day

The members of Pakistan Peoples Party Parliamentarians (PPPP) Wednesday staged a walkout from the National Assembly for the sixth consecutive day in protest against alleged abduction of three close aides of former President Asif Ali Zardari. Awami Nationa

Published 20 Apr, 2017 12:00am

LCCI to help form traffic management committee

Chief Traffic Officer Rai Ejaz Ahmed has said that a high-level traffic management committee in collaboration with the Lahore Chamber of Commerce & Industry is being formed to take care of the city traffic. While speaking at the Lahore Chamber of Commerce

Published 20 Apr, 2017 12:00am

Currency

Aussie sinks, New Zealand more buoyant

The Australian dollar nursed painful losses on the pound on Wednesday as markets wagered a snap election in the UK could lead to a more favourable outcome for investors from coming Brexit negotiations. The Aussie was also pressured by fresh falls in iron

Published 20 Apr, 2017 12:00am

Currency

Sterling consolidates after election surge

Sterling hovered a cent below Tuesday's six-and-a-half month highs against the dollar on Wednesday, the jury still out on whether it can make more progress on the back of optimism around the shock calling of a June 8 parliamentary election. Dealers said t

Published 20 Apr, 2017 12:00am

Bangladesh interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Wednesday. 79.87-79.87 (previous 79.85-79.85).

Published 20 Apr, 2017 12:00am

ASIA FX: Creep higher as caution over UK election seeps in

Asian currencies eked out gains on Wednesday as caution set in following British Prime Minister Theresa May's call for an early general election, which sent the sterling soaring to a more than six-month high on Tuesday. May's snap call for a June 8 electi

Published 20 Apr, 2017 12:00am

Currency

Sri Lankan rupee ends weaker

The Sri Lankan rupee closed lower for a second day on Wednesday as dollar demand from importers surged amid low supply of the greenback, dealers said. Rupee forwards were active, with two-week forwards closing at 153.40/50 per dollar, compared with Tuesda

Published 20 Apr, 2017 12:00am

Currency

Sterling soars after UK PM calls early election, dollar dips

Sterling rose to a more than six-month high against the dollar on Tuesday after British Prime Minister Theresa May called for an early general election, boosting hopes that a victory could strengthen her party's majority in government ahead of Brexit nego

Published 20 Apr, 2017 12:00am

Currency

Dollar rises from three-week low

The dollar crept higher on Wednesday, a day after dropping to a three-week low against a basket of major currencies amid a repricing of expectations of US Federal Reserve rate increases and concerns about US President Donald Trump's ability to deliver a p

Published 20 Apr, 2017 12:00am

Currency

Euro propped up by weak dollar, sterling near six-month high

The euro steadied on Wednesday near a three-week high against a dollar kept weak by lower US rates and doubts over President Donald Trump's promised fiscal boost. The prospect of a snap British election, meanwhile, kept sterling near a six-month peak. Wit

Published 20 Apr, 2017 12:00am

Currency

Sterling gives back some gains made after May calls UK vote

The dollar index edged away from three-week lows on Wednesday, as a resurgent sterling gave back some of the gains it made after British Prime Minister Theresa May called an early general election ahead of Brexit negotiations. The pound sailed to its high

Published 20 Apr, 2017 12:00am

FTSE gives up 2017 gains as sterling weighs

Britain's top share index came under pressure once again on Wednesday, giving up the gains it had made in 2017 as sterling held close to a six-and-a-half-month high after Prime Minister Theresa May called for a snap general election. The blue-chip FTSE 10

Published 20 Apr, 2017 12:00am

SE Asia Stocks: lower as risky assets fall out of favour

Most Southeast Asian stock markets ended lower on Wednesday as investors fled to safer assets ahead of the French presidential election. France's presidential election is closely watched as the stakes for investors are high, with two anti-EU, anti-euro ca

Published 20 Apr, 2017 12:00am

Australian shares close lower, New Zealand down

Australian shares ended at their lowest level in over three weeks on Wednesday as investors dumped heavyweight bank shares after the central bank flagged risks in the country's housing market, while persistent weakness in oil battered energy stocks. The S

Published 20 Apr, 2017 12:00am

Results, banking sector bounce help European shares recover

European shares recovered on Wednesday from their biggest one-day loss in five months, as a rebound in banking stocks and some positive first-quarter results outweighed weakness in oil and gas stocks. The pan-European STOXX 600 was up 0.2 percent at its c

Published 20 Apr, 2017 12:00am

Currency

Tokyo stocks ends up despite Britain Vote shock

Tokyo stocks finished slightly higher Wednesday after spending much of the session in negative territory, as Britain's shock decision to call a snap general election added to a string of global uncertainties. In a surprise announcement, Prime Minister The

Published 20 Apr, 2017 12:00am

China stocks down on tighter regulation fears

China's main indexes fell for their fourth straight session on Wednesday, as investor worries deepened that tighter regulations against speculation and shadow banking will hurt the country's credit-fuelled recovery. The blue-chip CSI300 index fell 0.5 per

Published 20 Apr, 2017 12:00am

US bond prices rally on geopolitical concerns

US Treasury yields fell to five-month lows on Tuesday as nervousness ahead of France's first round of presidential elections this weekend and ongoing geopolitical tensions increased demand for safe-haven US debt. French opinion polls show that far-right l

Published 20 Apr, 2017 12:00am

US bond prices rally on geopolitical concerns

US Treasury yields fell to five-month lows on Tuesday as nervousness ahead of France's first round of presidential elections this weekend and ongoing geopolitical tensions increased demand for safe-haven US debt. French opinion polls show that far-right l

Published 20 Apr, 2017 12:00am

Hong Kong stocks fall for third day

Hong Kong stocks fell for the third straight session on Wednesday, following global equities lower as worries about France's presidential election and tensions over North Korea dampened investors' appetite for riskier assets. Sentiment was also hurt by a

Published 20 Apr, 2017 12:00am

Goldman Sachs, J&J pull Wall Street lower

The S&P 500 fell for the fourth time in five sessions on Tuesday, weighed down by a drop in Goldman Sachs and Johnson & Johnson following their quarterly results, while geopolitical tensions added to investor caution. Goldman Sachs lost 4.7 percent to $21

Published 20 Apr, 2017 12:00am

S&P, Nasdaq up; IBM dents Dow

Gains in financial and technology stocks kept the S&P 500 and the Nasdaq firmly positive on Wednesday, while a slump in IBM held back the Dow. The advance in financials was underpinned by a 2.6 percent jump in shares of Morgan Stanley, which reported a su

Published 20 Apr, 2017 12:00am

Cement companies hold back Saudi index, Dubai's Arabtec shines

Construction-related shares underperformed Riyadh's stock market on Wednesday because of poor first-quarter earnings, though troubled Dubai builder Arabtec jumped after shareholders approved a capital restructuring plan. Riyadh-listed Arabian Cement slid

Published 20 Apr, 2017 12:00am

Opec 'optimistic' oil output cuts leading to price recovery

Oil-exporting cartel Opec is confident that production cuts agreed with non-members to prop up prices will lead to a recovery in the market, its chief said on Wednesday. "We are optimistic that the policy measures we have taken already place us on the pat

Published 20 Apr, 2017 12:00am

BMW staff begin UK strikes over pension dispute

Workers at three British plants of German car giant BMW began a 24-hour strike Wednesday over proposed changes to pensions, with more walkouts promised over the next five weeks. Employees belonging to the Unite union picketed at the plants in Cowley and S

Published 20 Apr, 2017 12:00am

Inter Continental Hotels says 1,200 hotels hit by malware

Global hotel chain InterContinental Hotels Group Plc said a third of its franchised properties in the United States were hit late last year by malware that can steal guests' credit card information. Some 1,200 US-based franchised properties and one hotel

Published 20 Apr, 2017 12:00am

World Bank sees sub-Saharan Africa GDP growth up in 2017

Economic growth in sub-Saharan Africa is seen rising between this year and 2019, helped by better commodity prices and improved global conditions, the World Bank said in a report on Wednesday. The bank said in its latest "Africa's Pulse" report economic g

Published 20 Apr, 2017 12:00am

World Bank sees sub-Saharan Africa GDP growth up in 2017

Economic growth in sub-Saharan Africa is seen rising between this year and 2019, helped by better commodity prices and improved global conditions, the World Bank said in a report on Wednesday. The bank said in its latest "Africa's Pulse" report economic g

Published 20 Apr, 2017 12:00am

VP Pence thanks corporate Japan for boosting US growth

Vice President Mike Pence on Wednesday hailed Japanese companies for contributing to US economic prosperity, moving to ease fears over the protectionist agenda of President Donald Trump. Trump has criticised Japanese auto giant Toyota for planning to open

Published 20 Apr, 2017 12:00am

Li says EU and China must promote free and fair trade

China and the European Union should promote a "positive signal" of economic globalisation and free and fair trade, Premier Li Keqiang told the EU's top diplomat Federica Mogherini. Some European officials say that China has launched a charm offensive with

Published 20 Apr, 2017 12:00am

Britain set for snap election in Brexit shadow

British lawmakers on Wednesday overwhelmingly backed Prime Minister Theresa May's call for a snap election, paving the way for a June vote she hopes will give her a "mandate to complete Brexit". The House of Commons voted by 522 to 13 to hold a general el

Published 20 Apr, 2017 12:00am

Ukraine eyes coal reliance shift from Russia to US

Ukraine edged closer Wednesday to halting Russian coal imports for its power plants and focusing its energy reliance on the United States as part of a strategic shift away from Moscow. Energy Minister Igor Nasalyk submitted a draft bill to the Ukrainian g

Published 20 Apr, 2017 12:00am

UN court rejects Kiev bid for measures against pro-Russian rebels

The UN's top court on Wednesday rejected a bid by Kiev for emergency measures to halt Russia's alleged funnelling of money and arms into Ukraine's war-torn east, but warned Moscow to protect ethnic rights in Crimea. The complicated interim ruling by 16 ju

Published 20 Apr, 2017 12:00am

Thousands of young Slovaks protest corruption

Several thousand young Slovaks on Tuesday protested in the EU member's capital, calling for the dismissal of the interior minister and police officials for allegedly not doing enough to fight corruption. Demonstrators at the rally organised by a couple of

Published 20 Apr, 2017 12:00am

Key leopard population 'crashing', study warns

The leopard population in a region of South Africa once thick with the big cats is crashing, and could be wiped out within a few years, scientists warned Wednesday. Illegal killing of leopards in the Soutpansberg Mountains has reduced their numbers by two

Published 20 Apr, 2017 12:00am

India bans red car beacons to end elitist culture

India said Wednesday it will ban ministers and senior officials from using red beacons on their cars to cut through traffic, a longstanding privilege that has caused resentment and accusations of elitism. From May 1 only emergency services will be allowed

Published 20 Apr, 2017 12:00am

Notorious Hong Kong gangster dies behind bars

An infamous Hong Kong gangster, who specialised in armed jewellery heists and became the city's most wanted fugitive after a dramatic prison escape in the 1980s, died of cancer in custody on Wednesday. Yip Kai-foon who was re-captured in a hail of bullets

Published 20 Apr, 2017 12:00am

New Standard for Cybercrime Investigation

CIBOK Editorial Committee today announced its establishment and the 1st edition +ACI-Cybercrime Investigation Body Of Knowledge+ACI- (CIBOK) published work. CIBOK is designed to provide a new standard for law enforcement organizations and enterprises arou

Published 20 Apr, 2017 12:00am

US MIDDAY: soyabean higher

US soybean futures firmed on Wednesday, posting a mild recovery from two days of losses after holding technical support above the one-year lows hit last week. Corn and wheat futures were trading close to unchanged, with plentiful world stocks suppressing

Published 20 Apr, 2017 12:00am

Gold slips as dollar, shares rise

Gold fell 1 percent on Wednesday as the dollar and stocks gained, though tensions over North Korea and upcoming French and UK elections underpinned demand in the safe-haven asset.Spot gold fell as low as $1,275.73 per ounce, and was trading at $1,279.91 p

Published 20 Apr, 2017 12:00am

Gold nears five-month high in US trade

Gold higher on Tuesday, nearing the prior session's five-month peak, bolstered by a softer dollar, lower US Treasury yields, North Korea tensions and nervousness ahead of the French presidential election. The dollar index fell to a three-week low on disap

Published 20 Apr, 2017 12:00am

Soya futures post slight gains; corn, wheat flat

US soybean futures firmed on Wednesday, posting a mild recovery from two days of losses after holding technical support above the one-year lows hit last week. Corn and wheat futures were trading close to unchanged, with plentiful world stocks suppressing

Published 20 Apr, 2017 12:00am

Cocoa hits lowest in almost four years

London cocoa futures fell to their lowest in nearly four years on Wednesday, as technical weakness added to already bearish momentum, while raw sugar eased as a bout of buying ran out of steam.

Published 20 Apr, 2017 12:00am

Palm hits eight-month low

Malaysian palm oil futures hit an 8-month low on Wednesday, in line for a sixth consecutive session of declines, as it tracked weaker soyoil on the Chicago Board of Trade and other related edible oils. Expectations of rising production are also weighing o

Published 20 Apr, 2017 12:00am

Rotterdam vegetable oil prices

The following were Wednesday's Rotterdam vegetable oil prices at 1600 GMT:

Published 20 Apr, 2017 12:00am

Rotterdam vegetable oil prices

The following were Wednesday's Rotterdam vegetable oil prices at 1600 GMT:

Published 20 Apr, 2017 12:00am

Tokyo rubber hits five-month low on supply glut worries

Benchmark Tokyo rubber futures fell to a five-month low on Wednesday, extending losses for a fourth straight session and dipping below the key 200-yen level, hurt by oversupply concerns and a sharp drop in Shanghai futures. "The market is under pressure d

Published 20 Apr, 2017 12:00am

Fund selling pushes copper to 14-week low

Copper fell for a second day on Wednesday after a surge of fund selling just before the close reversed gains and drove the metal to a 14-week low, traders said. "$5,500 seems to be a key level. There appears to be an attempt to push it through that," Davi

Published 20 Apr, 2017 12:00am

ICE Canada canola futures rise

ICE Canada canola futures rose to a one-month high on Wednesday, lifted by concerns about isolated planting delays on the Canadian Prairies resulting from cool, wet conditions. The weaker Canadian dollar and strength in soyoil futures added support. May c

Published 20 Apr, 2017 12:00am

Europe wheat market assesses weather risks

Euronext wheat futures were little changed on Wednesday, in keeping with a hesitant trend in Chicago, as traders assessed the risks to crops from a continuing dry spell in part of western Europe including France. May milling wheat on the Paris-based Euron

Published 20 Apr, 2017 12:00am

CBOT soyabean futures down on profit-taking

Chicago Board of Trade soyabean futures closed down Tuesday on profit-taking, following Monday's two-week high and as the market continued to absorb a disappointing US crush report. Expectations of a large canola crop also weighed on soyabeans.

Published 20 Apr, 2017 12:00am

CBOT wheat futures up on short-covering

Chicago Board of Trade (CBOT) wheat futures closed up 1-1/2 cents Tuesday at $4.22-1/2 on short-covering, analysts said. K.C. hard red winter wheat settled up 3 cents to $4.19-1/2, while MGEX May spring wheat closed up 10-1/2 cents to $5.39-1/4. Rising cr

Published 20 Apr, 2017 12:00am

Cotton

Cotton trade activity rises ahead of SC verdict

Buying interest emerged on the cotton market on Wednesday ahead of decision on Panamagate case on Thursday, dealers said. The official spot rate unchanged at Rs 6750, they said. In ready session, over 5000 bales of cotton changed hands between Rs 6800 and

Published 20 Apr, 2017 12:00am

Activities at Karachi and Qasim ports

The Karachi Port handled 237,596 tonnes of cargo comprising 209,872 tonnes of import cargo and 27,724 tonnes of export cargo including 7,078 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday. The total import cargo of

Published 20 Apr, 2017 12:00am

European gasoline cracks edge higher

European gasoline cracks edged higher on Tuesday, supported by overseas demand and as refinery maintenance in Europe kept supplies limited. There has been relatively firm demand to ship European gasoline on transatlantic journeys as inventories in the Uni

Published 20 Apr, 2017 12:00am

Soyameal prices lower on European feeds market

Soyameal price offers on the European meals and feeds market were lower on Tuesday as trading resumed after a four-day holiday, with prices adjusting to weakness in US futures. South American soyameal was mostly offered between $1 and $4 a tonne lower com

Published 20 Apr, 2017 12:00am

Heavy rains threaten Ivory Coast cocoa mid-crop

Heavy rain in several of Ivory Coast's main cocoa growing regions last week has raised fears of lower production during the April-September mid-crop due to falling pods and disease, farmers said on Tuesday. The mid-crop marketing season in Ivory Coast, th

Published 20 Apr, 2017 12:00am

Low water hinders Rhine, Danube river shipping

Water levels on the Rhine and Danube in Germany remain low despite recent rain and freight vessels cannot sail fully loaded on the German sections of the rivers, traders said on Tuesday. The Rhine is too shallow for normal sailings south of Duisburg and C

Published 20 Apr, 2017 12:00am

Cotton

PMEX daily trading report

On Tuesday, at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,025. The total traded value of Metals, Energy and COTS/FX was recorded at PKR 4.981 billion and the number of lots traded was 12,682. Major business was contributed by c

Published 20 Apr, 2017 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 20 Apr, 2017 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 20 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 20 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 20 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 19, 2017).

Published 20 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 19, 2017).

Published 20 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 19, 2017).

Published 20 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 19, 2017).

Published 20 Apr, 2017 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Wednesday (April 19, 2017).

Published 20 Apr, 2017 12:00am

Currency

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (April 19, 2017).

Published 20 Apr, 2017 12:00am

Currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Wednesday (April 19, 2017).

Published 20 Apr, 2017 12:00am

Prime Minister inaugurates Bhikki power plant

Prime Minister Nawaz Sharif on Wednesday inaugurated the Bhikki power plant, adding 717MW to the national grid and lessening woes of the people facing long hours of loadshedding. The Prime Minister was accompanied by Chief Minister Punjab Shehbaz Sharif,

Published 20 Apr, 2017 12:00am

Prime Minister unfazed by Panama pinch?

The federal capital on Wednesday hosted central leadership of almost all the major political parties ahead of the anxiously awaited verdict of Supreme Court on the Panama papers case today (Thursday) with a view to devising their future plans accordingly.

Published 20 Apr, 2017 12:00am

EFU GUARANTEED GROWTH FUND RATES

EFU Guaranteed Growth Fund Rates on Wednesday (April 19, 2017).

Published 20 Apr, 2017 12:00am

Supreme Court can take range of steps

A looming Supreme Court decision that could disqualify Prime Minister Nawaz Sharif over corruption allegations had the country on edge Wednesday, as a drawn-out investigation related to the "Panama Papers" leaks neared a conclusion. Disqualifying Sharif w

Published 20 Apr, 2017 12:00am

EFU GUARANTEED GROWTH FUND RATES

EFU Guaranteed Growth Fund Rates on Wednesday (April 19, 2017).

Published 20 Apr, 2017 12:00am

Supreme Court can take range of steps

A looming Supreme Court decision that could disqualify Prime Minister Nawaz Sharif over corruption allegations had the country on edge Wednesday, as a drawn-out investigation related to the "Panama Papers" leaks neared a conclusion. Disqualifying Sharif w

Published 20 Apr, 2017 12:00am

EFU TAKAFUL GROWTH FUND RATES

EFU Takaful Growth Fund Rates on Wednesday (April 19, 2017).

Published 20 Apr, 2017 12:00am

Strictures against NAB, FIA expected

National Accountability Bureau (NAB) and Federal Investigation Agency (FIA) were seen to be visibly under immense strain on the eve of the Panama verdict fearing the possibility of some changes in their modus operandi and in the process of senior appointm

Published 20 Apr, 2017 12:00am

EFU TAKAFUL GROWTH FUND RATES

EFU Takaful Growth Fund Rates on Wednesday (April 19, 2017).

Published 20 Apr, 2017 12:00am

Strictures against NAB, FIA expected

National Accountability Bureau (NAB) and Federal Investigation Agency (FIA) were seen to be visibly under immense strain on the eve of the Panama verdict fearing the possibility of some changes in their modus operandi and in the process of senior appointm

Published 20 Apr, 2017 12:00am

EFU TAKAFUL GROWTH FUND RATES

EFU Takaful Growth Fund Rates on Wednesday (April 19, 2017).

Published 20 Apr, 2017 12:00am

Banners in Lahore stir controversy

Controversy gripped the decoration of pro-Prime Minister Nawaz Sharif banners in the city that led to tabling of a resolution by Pakistan Tehreek-e-Insaf (PTI) in the Punjab Assembly. It may be noted that banners favouring Prime Minister Nawaz Sharif have

Published 20 Apr, 2017 12:00am

Cotton

Dates of Closure of Books & Annual General Meetings

Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed on the stock exchanges.

Published 20 Apr, 2017 12:00am

Banners in Lahore stir controversy

Controversy gripped the decoration of pro-Prime Minister Nawaz Sharif banners in the city that led to tabling of a resolution by Pakistan Tehreek-e-Insaf (PTI) in the Punjab Assembly. It may be noted that banners favouring Prime Minister Nawaz Sharif have

Published 20 Apr, 2017 12:00am

Clearing Schedule for T+2 System

Pakistan Stock Exchange's Clearing Schedule for T+2 System.

Published 20 Apr, 2017 12:00am

Prime Minister inaugurates Bhikki power plant

Prime Minister Nawaz Sharif on Wednesday inaugurated the Bhikki power plant, adding 717MW to the national grid and lessening woes of the people facing long hours of loadshedding. The Prime Minister was accompanied by Chief Minister Punjab Shehbaz Sharif,

Published 20 Apr, 2017 12:00am

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 20 Apr, 2017 12:00am

Prime Minister inaugurates Bhikki power plant

Prime Minister Nawaz Sharif on Wednesday inaugurated the Bhikki power plant, adding 717MW to the national grid and lessening woes of the people facing long hours of loadshedding. The Prime Minister was accompanied by Chief Minister Punjab Shehbaz Sharif,

Published 20 Apr, 2017 12:00am

Last date of renunciation/payment

Last dates of renunciation/payment.

Published 20 Apr, 2017 12:00am

Power shortfall soars to 5200 megawatts

Minister for Water and Power Khawaja Muhammad Asif Wednesday admitted electricity crisis in the country, saying some power plants of 2,200MW have been closed due to maintenance and there is a shortfall of 5,200MW in the system. "I admit my mistake of elec

Published 20 Apr, 2017 12:00am

Power shortfall soars to 5200 megawatts

Minister for Water and Power Khawaja Muhammad Asif Wednesday admitted electricity crisis in the country, saying some power plants of 2,200MW have been closed due to maintenance and there is a shortfall of 5,200MW in the system. "I admit my mistake of elec

Published 20 Apr, 2017 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Wednesday (April 19, 2017)

Published 20 Apr, 2017 12:00am

Power shortfall soars to 5200 megawatts

Minister for Water and Power Khawaja Muhammad Asif Wednesday admitted electricity crisis in the country, saying some power plants of 2,200MW have been closed due to maintenance and there is a shortfall of 5,200MW in the system. "I admit my mistake of elec

Published 20 Apr, 2017 12:00am

Member to Member

The following transactions member to member subsequently reported on Wednesday (April 19, 2017).

Published 20 Apr, 2017 12:00am

Advani, others to face trial over Babri mosque demolition

Three senior members of India's ruling Hindu nationalist party including a cabinet minister should face trial over the demolition of a mosque a quarter of a century ago, the Supreme Court ruled on Wednesday. The three are accused of inciting Hindu zealots

Published 20 Apr, 2017 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (April 19, 2017).

Published 20 Apr, 2017 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Wednesday (April 19, 2017)

Published 20 Apr, 2017 12:00am

Currency	Rate
USD PKR Interbank Selling / Apr 17	280.67
USD PKR Interbank Buying / Apr 17	280.47
USD to Japanese Yen / Apr 17	142.81
USD to Swiss Franc / Apr 17	0.82
Pound Sterling to USD / Apr 17	1.32
Euro to USD / Apr 17	1.14
UK LIBOR % / Apr 16	4.96

Stock	Volume
S&P 500 / Apr 16	5,275.70
Nasdaq / Apr 16	16,307.16
Dow Jones / Apr 16	39,669.39
India Sensex / Apr 17	77,621.26
Tokyo Nikkei / Apr 17	34,285.53
Hang Seng / Apr 17	21,352.47
FTSE 100 / Apr 17	8,207.23
Germany DAX 30 / Apr 17	21,240.89
France CAC40 / Apr 17	7,290.96

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 16	16,985
Gold 10 Grams PKR / Apr 16	298,353
Petrol/Litre / Apr 17	254.63
Crude Oil USD/Barrel / Apr 17	63.25
Gold Spot USD/Ounce / Apr 17	3,331.95
Diesel/Litre / Apr 17	258.64
Cotton US¢/pound / Apr 17	66.66

Stock	Price
Ghazi Fabrics / Apr 17 Ghazi Fabrics International Limited(GFIL)	8.36 ▲ 1 (13.59%)
UDL International / Apr 17 UDL International Limited(UDLI)	8.52 ▲ 1 (13.3%)
Escorts Bank / Apr 17 Escorts Investment Bank Limited(ESBL)	6.84 ▲ 0.76 (12.5%)
Chakwal Spinning / Apr 17 Chakwal Spinning Mills Limited(CWSM)	57.93 ▲ 5.27 (10.01%)
United Brands / Apr 17 United Brands Limited(UBDL)	23.18 ▲ 2.11 (10.01%)
S.S.Oil / Apr 17 S.S.Oil Mills Limited(SSOM)	244.59 ▲ 22.24 (10%)
Pak Gulf Leasing / Apr 17 Pak-Gulf Leasing Company Limited(PGLC)	21.89 ▲ 1.99 (10%)
PIA Holding Co.B / Apr 17 PIA Holding Company Limited B(PIAHCLB)	1,928.97 ▲ 175.36 (10%)
Trust Sec.& Brok. / Apr 17 Trust Securities & Brokerage Limited(TSBL)	13.97 ▲ 1.27 (10%)
Bolan Casting / Apr 17 Bolan Castings Limited(BCL)	104.06 ▲ 9.46 (10%)

Stock	Price
Oilboy Energy(R) / Apr 17 Oilboy Energy Limited(R)(OBOYR2)	1.07 ▼ -0.31 (-22.46%)
Gulshan Sp. / Apr 17 Gulshan Spinning Mills Limited(GSPM)	3.48 ▼ -0.46 (-11.68%)
Blue-Ex Ltd / Apr 17 Blue-Ex Limited (GEM)(GEMBLUEX)	56.69 ▼ -6.29 (-9.99%)
Int. Knit. / Apr 17 International Knitwear Limited(INKL)	14.84 ▼ -1.56 (-9.51%)
Jubilee Gen. Ins. / Apr 17 Jubilee General Insurance Limited(JGICL)	49.52 ▼ -4.7 (-8.67%)
Bawany Air Products / Apr 17 Bawany Air Products Limited(BAPL)	32.39 ▼ -2.92 (-8.27%)
Asim Textile / Apr 17 Asim Textile Mills Limited(ASTM)	13.40 ▼ -1.2 (-8.22%)
Jahangir Sidd(Pref) / Apr 17 Jahangir Sidd(Pref)(JSCLPSA)	8.85 ▼ -0.6 (-6.35%)
Sanghar Sugar / Apr 17 Sanghar Sugar Mills Limited(SANSM)	50.83 ▼ -3.24 (-5.99%)
The Thal Ind.Corp. / Apr 17 The Thal Industries Corporation Limited(TICL)	340.04 ▼ -19.97 (-5.55%)

Stock	Volume
Maple Leaf Cement / Apr 17 Maple Leaf Cement Factory Limited(MLCF)	23,794,610 ▲ 3.81
B.O.Punjab / Apr 17 The Bank of Punjab(BOP)	23,321,095 ▲ 0.15
Cnergyico PK / Apr 17 Cnergyico PK Limited(CNERGY)	17,945,036 ▲ 0.02
Fauji Cement / Apr 17 Fauji Cement Company Limited(FCCL)	16,949,781 ▲ 1.19
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WorldCall Telecom / Apr 17 Worldcall Telecom Limited(WTL)	14,865,718 ▲ 0
Pace (Pak) Ltd. / Apr 17 Pace (Pakistan) Limited(PACE)	14,613,210 ▲ 0.21
Sui South Gas / Apr 17 Sui Southern Gas Company Limited(SSGC)	11,876,679 ▲ 1.06
Hascol Petrol / Apr 17 Hascol Petroleum Limited(HASCOL)	10,975,030 ▲ 0.09
United BankXD / Apr 17 United Bank Limited(UBL)	10,968,701 ▲ 16.02

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