News Archives for Print - 2017-05-21

The rupee firmly held the overnight levels versus the dollar on Saturday in the process of trading, dealers said. The State Bank of Pakistan (SBP) in its Monetary Policy kept the policy rate unchanged at 5.75 percent. The rupee was unchanged against the d

Published 21 May, 2017 12:00am

THE RUPEE: steadier trend

The rupee firmly held the overnight levels versus the dollar on Saturday in the process of trading, dealers said. The State Bank of Pakistan (SBP) in its Monetary Policy kept the policy rate unchanged at 5.75 percent. The rupee was unchanged against the d

Published 21 May, 2017 12:00am

Cross Transactions between Client to Client & Financial Institutions

The following were the cross transactions between client to client & financial institutions here on Saturday (May 20, 2017).

Published 21 May, 2017 12:00am

Member to Member

The following transactions member to member subsequently reported on Saturday (May 20, 2017).

Published 21 May, 2017 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Saturday (May 20, 2017).

Published 21 May, 2017 12:00am

Aaj TV - Sunday's schedule

All timings are in PST (Pakistan Standard Time).

Published 21 May, 2017 12:00am

Asia's naphtha crack hits five-month low

Asia's naphtha crack spread hit a five-month low on Thursday at $56.90 a tonne, as still muted spot demand from South Korea, Asia's top regional importer by volume, and higher supplies weighed. Western cargoes, including from Europe and the Mediterranean,

Published 21 May, 2017 12:00am

US Midwest corn, soya bids mostly steady

Spot basis bids for corn and soyabeans were mostly steady to narrowly higher in the US Midwest on Thursday, underpinned by steep declines in futures that kept farmer sales to a minimum, grain merchants said. Corn bids gained at several terminals along Mid

Published 21 May, 2017 12:00am

Exchange

Rains may delay Argentine soya harvest

Rains expected in the coming week in Argentina could delay soya harvesting in some areas and threaten to reduce yields, the Buenos Aires Grains Exchange said in a report on Thursday. A week after raising its 2016/17 soya crop estimate to 57.5 million tonn

Published 21 May, 2017 12:00am

China becomes world's largest tea producer

China has become the world's biggest producer and consumer of tea, said the country's minister of agriculture, Han Changfu, at the opening ceremony of the First China International Tea Expo. China produced more than 2.4 million tons of tea in 2016, with a

Published 21 May, 2017 12:00am

Indonesian coffee discounts narrow; Vietnam's market quiet

Coffee market in Vietnam was slow as bid-ask spreads were wide, resulting in several unmatched orders, while discounts in Indonesia narrowed after a holiday, traders said on Thursday. Exporters quoted the 5 percent black and broken grade 2 robusta in Viet

Published 21 May, 2017 12:00am

EU rapeseed crop looking good despite drought

Rapeseed crops in the European Union's largest producers are in reasonable condition despite the double blows of drought and late spring frosts, experts said on Thursday. A question mark remains over crops in the third largest producer, Poland, where fros

Published 21 May, 2017 12:00am

Rice prices hit multi-month high in Thailand and Vietnam

Rice prices hit multi-month peak in Thailand and Vietnam this week on export prospects, while high rates in India kept buyers at bay, traders said on Thursday. Thai benchmark 5-percent broken rice rose this week to $385-$411 a tonne, free-on-board (FOB) B

Published 21 May, 2017 12:00am

Cotton

Cotton prices firm on modest trade

Shortage of fine lint, helped rates to keep present levels on the cotton market on Saturday in the process of modest trade, dealers said. The official spot rate was unchanged at Rs 6800, they said. In the ready session, over 1000 bales of cotton changed h

Published 21 May, 2017 12:00am

Vegetable Oil

Indonesia's April palm oil output to fall

Indonesia's crude palm oil (CPO) output likely to fall in April, while both exports and domestic consumption likely to rise, a Reuters survey showed. CPO production in Indonesia, the world's top producer of the vegetable oil, likely fell to 2.90 million t

Published 21 May, 2017 12:00am

Exchange

European gasoline margins slip as crude prices rise

Gasoline benchmark refining margins in northwest Europe slipped on Thursday as inventories of the fuel rose within the past week and crude prices continued their rise. Gasoline stocks at Europe's ARA hub rose to 1.046 million tonnes from the prior week's

Published 21 May, 2017 12:00am

US Plains HRW wheat bids steady

Spot basis bids for hard red winter wheat (HRW) were steady in the southern US Plains on Thursday and farmer selling was subdued as storms crossed the region, grain merchandisers said. Widespread showers were forecast across the HRW wheat belt through Sat

Published 21 May, 2017 12:00am

CBOT soyabean futures down

Chicago Board of Trade soyabean futures fell more than 3 percent on Thursday as Brazil's currency plunged, raising expectations that Brazilian farmers would increase sales of their record-large soya crop, traders said. CBOT July soyabeans settled at $9.44

Published 21 May, 2017 12:00am

USDA sees record global 2017-18 sugar output

The US government forecast on Thursday that world sugar production would rise to a record in the 2017/18 marketing year but that stocks will fall on lower inventories in China and Mexico. Global sugar output was pegged at 180 million tonnes, on higher out

Published 21 May, 2017 12:00am

Vegetable Oil

Palm oil eases on European vegoils market

Palm oil on the European vegetable oils market eased on Thursday, tracking weaker CBOT soyaoil and because of some profit taking in Malaysian palm oil futures. Asking prices for palm oil were offered between unchanged and $10 a tonne down from Wednesday a

Published 21 May, 2017 12:00am

US FOB Gulf soyabean offers ease

Export premiums for soyabeans shipped from the US Gulf Coast eased on Thursday, as Brazilian farmers ramped up sales to supply the global market, traders said. Increased farmer sales of soyabeans in Brazil due to a plunge in the currency weakened prices f

Published 21 May, 2017 12:00am

Exchange

Shanghai steel futures rise to two-week high

Shanghai steel futures rose for a third straight day on Thursday, supported by hopes that demand in top consumer China would remain healthy and as Beijing eases up on a deleveraging drive. Stocks of construction-used rebar held by Chinese traders stood at

Published 21 May, 2017 12:00am

US natural gas futures ease on weaker demand

US natural gas futures on Thursday eased on forecasts for consumption to decline next week as the weather moderates and on a report showing a bigger-than-expected storage build. The US Energy Information Administration said utilities added 68 billion cubi

Published 21 May, 2017 12:00am

Euronext wheat futures fall slightly

Euronext wheat futures fell slightly on Thursday, curbed by weakness in Chicago, a currency dent to export prospects and an improving harvest outlook after recent rain in Western Europe. Activity was light on Euronext, with many French market participants

Published 21 May, 2017 12:00am

Audi says resolves dispute with dealers in China

Audi, a unit of Volkswagen, said on Saturday it had struck a deal with its dealers in China, effectively resolving a dispute that could have disrupted the luxury carmaker's business in the world's biggest auto market. The dispute stemmed from Audi's partn

Published 21 May, 2017 12:00am

Chinese city of Changsha restricts housing purchases

The central city of Changsha on Saturday became the latest place in China to restrict housing purchases in an effort to try to cool the property market, the state news agency Xinhua reported. From Saturday, residents of Changsha, in Hunan province, will b

Published 21 May, 2017 12:00am

China's Q2 GDP growth seen at around 6.8 percent

China's economy will likely expand around 6.8 percent in the second quarter of 2017, the State Information Center said in an article published in the state-owned China Securities Journal on Saturday. The State Information Center is an official think tank

Published 21 May, 2017 12:00am

US regulators open probe into recall of nearly 1.7 million Hyundai, Kia models

US safety regulators have opened a formal investigation into the recall of nearly 1.7 million vehicles by Hyundai Motor Co and affiliate Kia Motor Corp over engine defects, according to filings published Saturday. A South Korean whistleblower reported con

Published 21 May, 2017 12:00am

Trump's trade negotiator makes Asia debut at Apec talks

Donald Trump's new pointman on trade met Asia-Pacific trade ministers in Hanoi on Saturday as Washington reverses gear on sprawling free trade pacts in favour of one-to-one deals. With his tough rhetoric on winning back American jobs, President Trump's el

Published 21 May, 2017 12:00am

Wells Fargo's suffers slump in muni bond underwriting

Wells Fargo & Co is paying a price in the US municipal bond market for the bogus customer accounts scandal that hit the bank last year and led to bans by some cities and states, an analysis of Thomson Reuters data shows. So far in 2017, Wells Fargo is in

Published 21 May, 2017 12:00am

Wells Fargo's suffers slump in muni bond underwriting

Wells Fargo & Co is paying a price in the US municipal bond market for the bogus customer accounts scandal that hit the bank last year and led to bans by some cities and states, an analysis of Thomson Reuters data shows. So far in 2017, Wells Fargo is in

Published 21 May, 2017 12:00am

Canada to be 'firm' in trade conflicts with US: Trudeau

Prime Minister Justin Trudeau vowed a "firm" and unwavering defense of Canadian interests in the face of US trade attacks, he said Friday. "We're going to continue to work very, very hard to defend Canada's interests," he said. In late April, the United S

Published 21 May, 2017 12:00am

Rare Apple-I fetches less than expected at German auction

A rare working Apple-1, the first computer produced by Steve Jobs' world-beater-to-be company four decades ago, sold for less than expected at auction in Germany on Saturday. One of only eight working models in the world, the machine fetched 110,000 euros

Published 21 May, 2017 12:00am

Softbank-Saudi tech fund becomes world's biggest with $93 billion of capital

The world's largest private equity fund, backed by Japan's Softbank Group and Saudi Arabia's main sovereign wealth fund, said on Saturday it had raised over $93 billion to invest in technology sectors such as artificial intelligence and robotics.

Published 21 May, 2017 12:00am

Softbank-Saudi tech fund becomes world's biggest with $93 billion of capital

The world's largest private equity fund, backed by Japan's Softbank Group and Saudi Arabia's main sovereign wealth fund, said on Saturday it had raised over $93 billion to invest in technology sectors such as artificial intelligence and robotics.

Published 21 May, 2017 12:00am

Freeport Indonesia workers to strike for second month

An estimated 9,000 workers at the giant Grasberg copper mine operated by the Indonesian unit of Freeport McMoRan Inc will extend a strike for a second month, a union official said on Saturday, in an ongoing dispute over employment terms and layoffs.

Published 21 May, 2017 12:00am

Saudi Arabia says comfortable with 2017 budget deficit

The Saudi government is comfortable with this year's budget deficit, the country's finance minister said on Saturday, adding that authorities may slow austerity measures slightly in line with recommendations by the International Monetary Fund (IMF). Saudi

Published 21 May, 2017 12:00am

German minister backs NAFTA, urges US support

Germany's foreign minister voiced support for the North American Free Trade Agreement (NAFTA) during a visit to Mexico on Friday, giving a diplomatic boost to the country ahead of its renegotiation of the accord with the Trump administration. US President

Published 21 May, 2017 12:00am

Berkshire boosts American, Southwest airline bets; sheds Fox

Warren Buffett's Berkshire Hathaway Inc on Monday said it added to its sizable investments in American Airlines Group Inc and Southwest Airlines Co, and shed its stake in Twenty-First Century Fox Inc. In a regulatory filing, Berkshire said that in the fir

Published 21 May, 2017 12:00am

Exchange

Hong Kong, China regulators approve bond trading link

In another step to open up China's capital markets, Hong Kong and Chinese regulators formally approved a long-awaited scheme to connect China's $9 trillion bond market with overseas investors. The so-called Bond Connect programme has been in the works sin

Published 21 May, 2017 12:00am

Major Brazil funds hit by market turmoil as scandal threatens Temer

Brazilian financial markets were blindsided this week by a graft scandal threatening to topple President Michel Temer, burning local hedge funds betting on an economic recovery as many suffered their worst one-day losses in at least a decade. Cross-asset

Published 21 May, 2017 12:00am

Major Brazil funds hit by market turmoil as scandal threatens Temer

Brazilian financial markets were blindsided this week by a graft scandal threatening to topple President Michel Temer, burning local hedge funds betting on an economic recovery as many suffered their worst one-day losses in at least a decade. Cross-asset

Published 21 May, 2017 12:00am

Euro stocks in demand, global equity bull run not over

Investors have deepened their love affair with euro zone stocks and pushed allocations to two-year highs - the third-highest on record - while buoyant company earnings signal an extension of the global equity bull run, a survey showed on Tuesday. The late

Published 21 May, 2017 12:00am

Investors pull cash from US stock funds for third week

US fund investors pivoted from domestic stocks to bonds and international equities during the latest week, Lipper data showed on Thursday, amid upheaval for the Trump administration and fears that Washington will not enact market-boosting policies. Invest

Published 21 May, 2017 12:00am

Investors pull cash from US stock funds for third week

US fund investors pivoted from domestic stocks to bonds and international equities during the latest week, Lipper data showed on Thursday, amid upheaval for the Trump administration and fears that Washington will not enact market-boosting policies. Invest

Published 21 May, 2017 12:00am

Treasuries outlook: yields near one-month lows as political risk in focus

US Treasury yields fell on Friday as investors worried that allegations against US President Donald Trump would disrupt efforts to cut taxes and increase spending. The Washington Post on Friday reported that a legal investigation into possible coordinatio

Published 21 May, 2017 12:00am

Treasuries outlook: yields near one-month lows as political risk in focus

US Treasury yields fell on Friday as investors worried that allegations against US President Donald Trump would disrupt efforts to cut taxes and increase spending. The Washington Post on Friday reported that a legal investigation into possible coordinatio

Published 21 May, 2017 12:00am

MSCI reversal wipes $533 million off value of China's Meitu

China's Meitu Inc had HK$4.15 billion ($533 million) wiped off its market value on Wednesday after index operator MSCI reversed a decision to include the selfie app maker in the MSCI China Index. Meitu's Hong Kong-listed shares dived by as much as 10 perc

Published 21 May, 2017 12:00am

Exchange

Large hedge funds moved out of financial stocks in first quarter

Several big-name hedge fund investors trimmed their stakes in financial companies in the first quarter as hopes for immediate tax cuts and loosening of regulations after President Donald Trump's victory in November began to fade. Boston-based Adage Capita

Published 21 May, 2017 12:00am

Exchange

Large hedge funds moved out of financial stocks in first quarter

Several big-name hedge fund investors trimmed their stakes in financial companies in the first quarter as hopes for immediate tax cuts and loosening of regulations after President Donald Trump's victory in November began to fade. Boston-based Adage Capita

Published 21 May, 2017 12:00am

Exchange

TSX rises, energy leads broad rally as oil climbs

Canada's main stock index rose on Friday, extending its rebound from a 5-month low set intraday the day before, with energy shares leading a broad-based rally ahead of the Victoria Day holiday long weekend as oil prices rose. The Toronto Stock Exchange's

Published 21 May, 2017 12:00am

Exchange

Wall Street ends off session highs after fresh Russia probe reports

US stocks rose but closed below their session highs on renewed concerns about Donald Trump's presidency, after two new reports related to a federal investigation into possible coordination between Russia and Trump's election campaign. A senior White House

Published 21 May, 2017 12:00am

Exchange

African currencies week ahead Ghana cedi, Zambia kwacha seen weaker

Ghana's cedi and Zambia's kwacha are seen weakening in the next week to Thursday, while Kenya and Tanzania shillings are expected to hold steady, traders said.

Published 21 May, 2017 12:00am

Exchange

Venezuela to launch Dicom forex auction system

Venezuela will launch a foreign exchange auction system called Dicom on May 23, President Nicolas Maduro said in a televised broadcast on Tuesday, in an apparent revival of a plan that was announced a year ago but was never put in place. Venezuela maintai

Published 21 May, 2017 12:00am

Exchange

Retail FX volumes dip, FXCM squeeze deepens

Foreign exchange trading through online retail brokers fell by just over 3 percent in the first quarter of 2017, driven chiefly by a fall-off for the massive Japanese firms who dominate the global trade, industry data showed on Wednesday. The data from in

Published 21 May, 2017 12:00am

Canadian dollar posts 3-1/2-week high, bearish bets hit record

The Canadian dollar strengthened on Friday to a 3-1/2-week high against its broadly weaker US counterpart, supported in part by higher oil prices and by investors who had sold the Canadian dollar buying it back to reduce their exposure to the currency. Sp

Published 21 May, 2017 12:00am

Dollar has worst week in over a year amid political uncertainty

The US dollar fell on Friday, adding to its worst week since April 2016 against a basket of major currencies, and having surrendered the gains made since Donald Trump was elected US president. The dollar index, which tracks the greenback against a basket

Published 21 May, 2017 12:00am

Norway currency moves impacted by oil market uncertainty

The recent volatility of the Norwegian crown currency has been particularly influenced by uncertainty in the market for crude oil, Norway's central bank governor told reporters on the sidelines of a hearing in parliament on Monday. "While the crown rose s

Published 21 May, 2017 12:00am

Exchange

Euro net longs hit largest in more than three years

Net long positioning on the euro rose to its highest in more than three years, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday. Euro net long contracts for the week ended May 16 were at 37,604, the lar

Published 21 May, 2017 12:00am

South African rand to remain resilient in short term

South Africa's rand will remain resilient in the short term in the absence of policy surprises and further downgrades, but the currency will weaken towards a December conference of the ruling African National Congress, a Reuters poll showed. The poll of u

Published 21 May, 2017 12:00am

Exchange

Hackers mint crypto-currency with technique in global 'ransomware' attack

A computer virus that exploits the same vulnerability as the global "ransomware" attack has latched on to more than 200,000 computers and begun manufacturing digital currency, experts said Tuesday. The development adds to the dangers exposed by the WannaC

Published 21 May, 2017 12:00am

Long Asia FX positions rise as US political woes dampen dollar

Investors raised their long positions in some Asian currencies compared with two weeks ago, a Reuters poll showed on Thursday, after the dollar was bruised by political turmoil in Washington and softer-than-expected economic data. Long positions in the Ch

Published 21 May, 2017 12:00am

Five killed in Indonesia boat fire

At least five people were killed when a boat carrying nearly 200 people caught fire in Indonesia, rescuers said Saturday. The vessel caught fire on Friday afternoon in the waters off the archipelago's main Java island, prompting the captain to order peopl

Published 21 May, 2017 12:00am

Virtual reality, gritty thriller bring migrants' plight to Cannes

A helicopter whirs overhead and police take aim from the shadows. You must choose in an instant to join the terrified migrants hiding in the desert or the ones running for their lives. Mexican Oscar-winner Alejandro Gonzalez Inarritu has brought a harrowi

Published 21 May, 2017 12:00am

Varadkar set to succeed Kenny as new Irish PM

Leo Varadkar was the clear favourite to succeed Enda Kenny as Ireland's prime minister Saturday as nominations closed for the leadership of the governing centre-right Fine Gael party. Kenny announced this week he would be stepping down after six years as

Published 21 May, 2017 12:00am

Sri Lanka offers fresh probes into missing thousands

Sri Lanka's President announced Saturday new investigations into alleged secret detention centres as part of a drive to find tens of thousands of people still missing after the country's decades-long war. Maithripala Sirisena said he would establish a mec

Published 21 May, 2017 12:00am

Winter Games chief shrugs off Korean tensions

Military tensions on the Korean peninsula should not prevent the nuclear-armed North sending a team to the 2018 Winter Olympics in the South, according to the head of the Games organising committee Lee Hee-Beom. The former diplomat and trade minister also

Published 21 May, 2017 12:00am

Aubameyang brace fires Dortmund into Champions League

Pierre-Emerick Aubameyang scored twice in Borussia Dortmund's 4-3 win over Werder Bremen on Saturday to finish as the Bundesliga's top-scorer and seal his side's direct Champions League place on a dramatic final day of the season. Aubameyang finished with

Published 21 May, 2017 12:00am

Motorcycling Vinales on pole in Yamaha hat-trick

Spain's Maverick Vinales ensured a Yamaha lock-out at the front of the grid for Sunday's French MotoGP after pipping championship leader Valentino Rossi to pole position at Le Mans. Italian veteran Rossi and Vinales, 22, are attempting to reassert control

Published 21 May, 2017 12:00am

N'Dam takes WBA title

France's Hassan N'Dam won a controversial split decision over Japan's Ryota Murata to capture the vacant WBA middleweight title on Saturday. Murata, the 2012 Olympic gold medallist, appeared to dominate the fight in Tokyo, flooring the interim champ in th

Published 21 May, 2017 12:00am

Title Madrid's to lose: Zidane

Real Madrid have all they can ask for with just one La Liga game of the season to go and that is the destiny of the title in their own hands, coach Zinedine Zidane said on Saturday. Madrid lead Barcelona by three points at the top of the table and just ne

Published 21 May, 2017 12:00am

Ton-up De Kock leads South Africa to opening win

Quinton de Kock scored 104 as South Africa swept past Sussex by 66 runs in the opening one-day match of their England tour on Friday. In a match reduced to 32 overs because of rain, De Kock scored 104 off 78 balls while Wayne Parnell and JP Duminy struck

Published 21 May, 2017 12:00am

West Indies hand Beaton debut in Afghanistan series

West Indies on Friday called up uncapped fast bowler Ronsford Beaton into their 13-man squad to face Afghanistan in a three-match Twenty20 series next month. The tall 24-year-old fast bowler has so far played 36 T20 matches, with 31 wickets including best

Published 21 May, 2017 12:00am

Halep reaches final

Romania's Simona Halep reached her first final in the WTA event at the Rome Masters on Saturday after sweeping Dutchwoman Kiki Bertens 7-5, 6-1 in their semi-final clash. Halep, the number six seed who reached the semi-finals in the Italian capital in 201

Published 21 May, 2017 12:00am

Zverev becomes youngest Masters finalist in 10 years

Germany's Alexander Zverev became the youngest player in a decade to reach a Masters final when he clinched a gutsy 6-4, 6-7 (5/7), 6-1 win over big-serving American John Isner in Rome on Saturday. Zverev, 20, will meet either four-time winner Novak Djoko

Published 21 May, 2017 12:00am

Canada sink Russia to reach world ice hockey final

Holders Canada sealed their place in the ice hockey world championship final with a dramatic 4-2 comeback victory over fellow heavyweights Russia in Saturday's semi-final in Cologne. The Canadians will bid for a third successive title against Sweden or Fi

Published 21 May, 2017 12:00am

Icardi in, Aguero out for Argentina

Lionel Messi will spearhead Argentina's attack against arch-rivals Brazil next month but there was no place in the squad for Manchester City striker Sergio Aguero. Inter Milan forward Mauro Icardi replaces Aguero in a squad believed to have been chosen by

Published 21 May, 2017 12:00am

Djokovic ousts Del Potro to seal Thiem semi in Rome

Serbia's Novak Djokovic, the second seed, cruised into the semi-finals of the Rome Masters Saturday after a rain-interrupted 6-1, 6-4 win over Juan del Potro. Djokovic, the second seed and the only former Masters winner remaining in the draw, will now fac

Published 21 May, 2017 12:00am

Khalid Latif boycotts spot-fixing hearing

Former Pakistan opener Khalid Latif on Saturday boycotted the proceedings of a spot fixing hearing after a tribunal refused to give him a copy of his recorded interview. The 31-year-old batsman stands accused of attempting to spot-fix, accepting an offer

Published 21 May, 2017 12:00am

Training of public transport drivers begins

The Lahore Transport Company (LTC) has organised a training program at RA Bazar for high occupancy vehicle (buses) drivers, fare collectors and related staff in connection with operations of buses which are being plied on various routes. The LTC has kicke

Published 21 May, 2017 12:00am

LRMIS generating over Rs 700 million revenue per month: PLRA DG

Captain Zafar Iqbal (Retd), Director General of Punjab Land Records Authority (PLRA), said on Saturday that Land Record Management Information System (LRMIS) is generating revenue of more than 700 million rupees on average per month through issuance of tw

Published 21 May, 2017 12:00am

TDAP organises awareness seminar on REX system

A special cell will be created in Faisalabad Chamber of Commerce and Industry (FCCI) to familiarize local exporters with recently introduced Registered Exporter System (REX) in order to facilitate the Pak exports to EU countries under GSP Plus scheme, sai

Published 21 May, 2017 12:00am

31 Ramazan Bazaars to be set up across Lahore

The Deputy Commissioner Lahore and Lord Mayor and other allied departments have given a final shape to all arrangements to set up 31 Ramadan Bazaars in the provincial metropolis. These Bazaars will be functional by 24 May 2017. Deputy Commissioner Sami Ah

Published 21 May, 2017 12:00am

Transparent policy hallmark of Punjab government: Shahbaz

Chief Minister Punjab Shehbaz Sharif has said that the Punjab government has promoted corruption free culture by completing development projects following a transparent policy throughout the province. Talking to a delegation of elected representatives of

Published 21 May, 2017 12:00am

Imran to address gathering in Muzaffargarh: Khar

Former governor Punjab Ghulam Mustafa Khar said on Saturday that Pakistan Tehreek-e-Insaf chairman Imran Khan will visit his house after Eid and will address a public gathering in Muzafargarh. While talking the journalists at Meet the Press in Lahore Pres

Published 21 May, 2017 12:00am

No investment made in Railways since WWII, says minister

The Pakistan Railways may increase its role as regulator so that the process of providing travelling facilities to passengers can be made easy, fast and comprehensive. After the World War II, no investment and value addition has happened in Railways in ou

Published 21 May, 2017 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Petrol/Litre / Nov 23	248.38
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Diesel/Litre / Nov 23	255.14

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 23 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 23 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 23 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 23 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 23 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 23 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 23 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 23 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 23 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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