News Archives for Print - 2017-05-25

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Print - 2017-05-25

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (May 24, 2017).

Published 25 May, 2017 12:00am

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (May 24, 2017).

Published 25 May, 2017 12:00am

Two Chinese language teachers kidnapped

Armed men kidnapped two Chinese language teachers in Quetta on Wednesday, provincial officials said. China's ambassador to Pakistan and other officials have urged Islamabad to improve security, especially in the province of Balochistan, where China is bui

Published 25 May, 2017 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (May 24, 2017).

Published 25 May, 2017 12:00am

Two Chinese language teachers kidnapped

Published 25 May, 2017 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (May 24, 2017).

Published 25 May, 2017 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (May 24, 2017).

Published 25 May, 2017 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (May 24, 2017).

Published 25 May, 2017 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (May 24, 2017).

Published 25 May, 2017 12:00am

Libor

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Wednesday (May 24, 2017).

Published 25 May, 2017 12:00am

Exchange

Currency values in terms of Special Drawing Rights

The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special Drawing Rights (SDR).

Published 25 May, 2017 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Wednesday (May 24, 2017).

Published 25 May, 2017 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (May 24, 2017).

Published 25 May, 2017 12:00am

Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (May 24, 2017).

Published 25 May, 2017 12:00am

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 (May 24, 2017).

Published 25 May, 2017 12:00am

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 (May 24, 2017).

Published 25 May, 2017 12:00am

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 (May 24, 2017).

Published 25 May, 2017 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Wednesday (May 24, 2017).

Published 25 May, 2017 12:00am

More donors can absorb 'shock' of any US cuts: new WHO boss

The World Health Organization should expand its donor base to better withstand the "shock" from planned deep budget cuts in Washington, Tedros Adhanom, the newly elected agency head, said Wednesday. A day after he became the first African to head the WHO,

Published 25 May, 2017 12:00am

PPP delegation calls on Bilawal

A delegation of Pakistan People's Party (PPP) Co-ordination Committee for Culture Wing Sindh called on the Party Chairman Bilawal Bhutto Zardari at Bilawal House here on Wednesday and briefed him about Party's plan for welfare and promotion of the artists

Published 25 May, 2017 12:00am

Exhibition for special persons

The Social Welfare & Bait-ul-Maal (SW&BM) Punjab in collaboration with the non-government organisations (NGOs) on Wednesday held an exhibition titled "skills exhibition of special persons" for the persons with disabilities (PWD).

Published 25 May, 2017 12:00am

GPCCI, SLD sign MoU to end child labour

German Pakistan Chamber of Commerce & industry (GPCCI) has inked a Memorandum of Understanding (MoU) with the Sindh Law Department (SLD) for promoting small domestic enterprises leading towards elimination of child labour and capacity building of women. A

Published 25 May, 2017 12:00am

NAB arrests 45, recovers Rs 206.069 million

National Accountability Bureau (NAB) claimed on Wednesday to have arrested 45 accused persons and recovered Rs 206.069 million during 2017. According to NAB officials, DG NAB Karachi Mohammad Altaf Bawany gave review over the performance of bureau during

Published 25 May, 2017 12:00am

Ramazan package: PFMA opposes Sindh government's plan of giving subsidy on flour

Pakistan Flour Mills Association's (PFMA) Sindh chapter has strongly opposed the Sindh government's proposed wheat flour package for Ramazan and termed it "wastage of public funds". Speaking at a press conference here on Wednesday, PFMA Sindh Zone's chair

Published 25 May, 2017 12:00am

Mardankhel-2 TAL Block operator discovers HC reserves

The operator of TAL Block has discovered hydrocarbon reserves from its appraisal well namely, Mardankhel-2. The Oil and Gas Development Company (OGDC), Pakistan Petroleum Limited (PPL) and Pakistan Oilfields Limited (POL) have stakes of 27.7 percent, 27.7

Published 25 May, 2017 12:00am

SSGC to ensure uninterrupted gas supply to industries

The General Manager Sui Southern Gas Company Limited (SSGC) Abdul Waheed Jamali has said that all out efforts are being made to modify the gas supply system with future demands so that uninterrupted supply of gas could be ensured to industrial zone. This

Published 25 May, 2017 12:00am

Cotton

Growers asked to sow peanut crop

The Met Office has asked the growers to sow peanut crop if suitable level of moisture is available in soil. It said that farmers of Southern Punjab and Upper Sindh should complete sowing of cotton crops on time with a view to attain best grains by utilisi

Published 25 May, 2017 12:00am

Cotton

APTMA demands investment-oriented budget

Zahid Mazhar, senior vice chairman of All Pakistan Textile Mills Association (APTMA) urged the federal government on Wednesday for investment oriented and export & industry friendly budget, which should prove to support the export oriented industries incl

Published 25 May, 2017 12:00am

Cotton

APTMA demands investment-oriented budget

Published 25 May, 2017 12:00am

UBL inaugurates 'Branch of the Future' in Karachi

UBL, Pakistan's Best Bank 2016, inaugurated its first 'Branch of the Future' in Karachi on 21 May 2017. Consistent with the Bank's progressive and innovative brand attributes, this spacious facility is uniquely futuristic in its offering, providing custom

Published 25 May, 2017 12:00am

BOP sign MoU with The Bank of Kazan

The Bank of Punjab (BOP), one of the fast growing bank of Pakistan, achieved another milestone by venturing a Memorandum of Understanding by Taqwa Islamic Banking-BOP with The Bank of Kazan-Tatarstan during its participation in the 9th International Econo

Published 25 May, 2017 12:00am

Teaching Assistants: written, screen test tomorrow

The Director, Institute of Biotechnology & Genetic Engineering, University of Sindh has announced schedule for the posts of Teaching Assistant. As per given schedule, the written test to be held on Friday (May 26) at 10 am would be followed by interviews

Published 25 May, 2017 12:00am

Exchange

Pakistan, US need close cooperation to fight terrorism: Aizaz

Pakistan and the United States need close co-operation to fight terrorism and attain long-lasting peace in Afghanistan, Pakistan Ambassador Aizaz Chaudhry said here while emphasising the long and sustained history of engagement between the two countries.

Published 25 May, 2017 12:00am

PIMA terms justification for cut in tobacco taxes 'ridiculous'

President, Pakistan Islamic Medical Association (PIMA) Dr Abdul Malik has said that justifications given by Special Assistant to Prime Minister on Revenue, Haroon Akhtar Khan on reduction in tobacco taxes as ridiculous. In a statement he pleaded that high

Published 25 May, 2017 12:00am

PM's adviser lambastes PTI

Advisor to the Prime Minister Amir Muqam on Wednesday said Bahrain, Kalam, Chakdara and Fatehpur roads would usher a new era of prosperity in the Malakand division, besides promoting tourism. Inaugurating a 23km road, with 23 overhead bridges, he said Rs

Published 25 May, 2017 12:00am

Journalists visit General Electric's turbine-making facility

General Electric (GE) equipment generates one-third electricity of the world whereas Pakistan is one of leading countries in the region which had entered into deal with the company for digitalisation of its generation plant for productivity and outcomes t

Published 25 May, 2017 12:00am

Civil service must be politically impartial

Governor Khyber Pakhtunkhwa Engr Iqbal Zafar Jhagra has said that the civil service represents the core foundation of the state and provides stability and continuity for governance and government operations. "The civil service must be politically impartia

Published 25 May, 2017 12:00am

'PM never sought immunity despite having option'

The ruling Pakistan Muslim League-Nawaz (PML-N) Wednesday said that Prime Minister Nawaz Sharif never sought immunity from any court despite having this option. This was stated by Minister of State for Capital Administration and Development Division, Dr T

Published 25 May, 2017 12:00am

PTI to hold intra-party elections on June 11

Pakistan Tehreek-e-Insaf (PTI) is all set to hold intra-party elections on June 11 and more than 2.3 million registered party members would directly use their right to vote through their cell phones in the first phase. A PTI spokesman said in the first ph

Published 25 May, 2017 12:00am

PPIB implementing 11000 megawatts power projects under CPEC

Private Power and Infrastructure Board (PPIB) is one of the leading institutions of the Government of Pakistan in implementation of flagship China Pakistan Economic Corridor (CPEC) energy sector plan. PPIB is processing 12 power projects of about 11,000MW

Published 25 May, 2017 12:00am

CM attributes decline in standard of education to different systems

Chief Minister Khyber Pakhtunkhwa Pervez Khattak has attributed the gradual national decline in education to three different layers of education in the country. At the moment we have public sector schooling, private sector, English medium schooling and Ma

Published 25 May, 2017 12:00am

Exchange

Budget fiscal year 2018: some taxation suggestions

Why has the mistrust between the tax collectors and the taxpayers so widely developed that the masses are reluctant to enlist themselves by filing annual tax returns. The causes of mistrust and irritants may be summarized viz: Every person who earns less

Published 25 May, 2017 12:00am

Exchange

Budget fiscal year 2018: some taxation suggestions

Published 25 May, 2017 12:00am

Exchange

Budget fiscal year 2018: some taxation suggestions

Published 25 May, 2017 12:00am

Railways revenue to touch Rs 41 billion mark by end of current fiscal year: Saad

Announcing 20 percent cut in train fare for the first 20 days of the holy month of Ramazan, Federal Minister for Railways Khawaja Saad Rafique has said that the revenue of Pakistan Railways will reach Rs 41 billion by the end of current fiscal year 2016-1

Published 25 May, 2017 12:00am

Police accused of protecting land grabbers

Islamabad police are protecting land mafia who grabbed land of the National Assembly Employees Cooperative Housing Society (NAECHS), said Deputy Chairman National Assembly Murtaza Javed Abbasi. Abbasi while presiding over the meeting of House and Library

Published 25 May, 2017 12:00am

NDF chief calls for electoral reforms

An international dialogue on electoral reforms for sustainable peace and governance was held in Islamabad, says a press release issued here on Wednesday. At the occasion, Kanwar Muhammad Dilshad, Chairman, National Democratic Foundation (NDF) said that th

Published 25 May, 2017 12:00am

WFP launches first cash-based assistance for girl students

The World Food Programme (WFP) has launched its first cash-based assistance for secondary school girls in Pakistan and is using biometric attendance data for the first time as part of its support to the FATA Secretariat education programme. In a statement

Published 25 May, 2017 12:00am

Loralai Cantt: Senate body for reviewing decision of expelling civilians

The Senate Standing Committee on Defence has recommended to the Station Commander Loralai Cantonment to revisit a decision where 32 civilians were expelled from the Cantonment area on the charges of being involved in criminal activities. The meeting was c

Published 25 May, 2017 12:00am

Elocution contest held at APS Landi Kotal

The annual elocution competitions of Army Public School & College, Landi kotal Khyber Agency, was held in the tehsil's Jirga Hall on Wednesday. The Station Commander Lieutenant Colonel, Akhtar Ali Zaidi as chief guest beside Assistant Political Agent, Lan

Published 25 May, 2017 12:00am

Nisar directs PTA, Nadra to evolve SOP for social media

Interior Minister Chaudhry Nisar Ali Khan on Wednesday directed Pakistan Telecommunication Authority (PTA) and National Database and Registration Authority (NADRA) to devise an effective mechanism to regulate social media in the country. The Interior Mini

Published 25 May, 2017 12:00am

Bitcoins' trade being probed to check tax evasion

The Anti-Money Laundering Cell of the Directorate General Intelligence & Investigation - Inland Revenue (IR) Islamabad has started investigating the financial affairs of persons making huge investments in crypto-currencies including Bitcoins, a new techni

Published 25 May, 2017 12:00am

KP government plans to generate 0.6 million jobs through two-mega housing projects

Khyber Pakhtunkhwa (KP) government has planned to generate 0.6 million jobs by launching two mega housing schemes costing Rs 954 billion in the provincial metropolis.

Published 25 May, 2017 12:00am

318 Ramazan Bazaars to be functional from today

As many as 318 Ramzan Bazaars will be fully operational from May 25th (Today) morning for the consumers. Punjab Government has established these Bazaars and Agriculture Fair Price Shops throughout the province of Punjab to facilitate the people at large d

Published 25 May, 2017 12:00am

Power sector solutions generally Punjab-driven: experts

The power sector solutions are generally Punjab-driven, said experts. They further raised eyebrows over the control of independent companies while keeping the Ministry of Water and Power as well as Pakistan Electric Power Company at an arm's length.

Published 25 May, 2017 12:00am

EOBI pensioners demand increase in pension

The Employees Old-age Benefit Institution (EOBI) pensioners have demanded increase in pension from Rs 5250 per month to Rs 15000 per month in the upcoming budget. It may be noted that the government was not only paying heed to the cries of EOBI pensioners

Updated 25 May, 2017 09:46am

'No compromise on provision of quality medicines'

Punjab Minister for Primary & Secondary Health Khawaja Imran Nazir Wednesday said that provision of medicines of international quality to the people is the mission of health department and no compromise would be accepted in this regard. "The government wa

Published 25 May, 2017 12:00am

GCW varsity: First female e-Rozgaar Centre to be open tomorrow

The opening of first female e-Rozgaar Center at Government College Women University, Faisalabad is scheduled on Friday (tomorrow). The founding Vice Chancellor of Information Technology University (ITU), Advisor to the Chief Minister Punjab and Chairman P

Published 25 May, 2017 12:00am

Exchange

Government committed to providing relief to export industry: Dagha

Commerce Secretary Muhammad Younus Dagha said on Wednesday that there is a challenging situation in exports but the government is committed to providing relief to the export-oriented industry in budget 2017-18 to check the declining trend. While speaking

Published 25 May, 2017 12:00am

Lahore Orange Line Metro Train: First batch of rolling stock to arrive in first week of July

International-standard, air-conditioned and comfortable coaches, which are compatible with Pakistani weather conditions, have been manufactured for Lahore Orange Line Metro Train which will provide safe, swift and smart mode of transportation to more than

Published 25 May, 2017 12:00am

SalamAir introduces direct flights between Pakistan-Oman

SalamAir has launched a direct service between Pakistan and Oman, announcing thrice weekly direct service between Muscat and Sialkot began on 16th May while flights to Multan started on 23rd May. The Chief Executive Officer of the airline François Bouteil

Published 25 May, 2017 12:00am

Multi sectoral nutrition centre set up at P&D department

The Punjab government has set up a Multi Sectoral Nutrition Centre at the Planning and Development Department, which is a major achievement of the Multi-Sectoral Nutrition Strategy. This was stated by the provincial Head of United Nations Children's Emerg

Published 25 May, 2017 12:00am

Turkish experts visit Jinnah Hospital

A delegation of Turkish experts visited Jinnah Hospital to review the services rendered by the hospital. The experts had detailed meeting with Infrastructure Development Authority Punjab (IDAF) consultants working on hospital structure. They had detailed

Published 25 May, 2017 12:00am

Chinese imports are a growing threat to cable industry, Kamal Chinoy, CEO Pakistan Cables

Kamal A. Chinoy is the Chief Executive of Pakistan Cables. He is a graduate of Wharton School, University of Pennsylvania, USA. He is Honorary Consul General of the Republic of Cyprus. Chinoy is a member of the executive committee of the International Cha

Published 25 May, 2017 12:00am

Chinese imports are a growing threat to cable industry, Kamal Chinoy, CEO Pakistan Cables

Published 25 May, 2017 12:00am

Exchange

PM's Saudi visit draws flak from opposition

Prime Minister Nawaz Sharif's recent visit to Saudi Arabia drew flak from main opposition parties after he failed to highlight the sacrifices rendered by Pakistan in the ongoing war against terrorism, at the first Arab-Islamic-American Summit held in Riya

Published 25 May, 2017 12:00am

Electoral Reforms: Parliamentary body meeting adjourned till next week

Parliamentary Sub-committee on Electoral Reforms could not reach any conclusion on proposed amendments in nomination forms and, therefore, adjourned its meeting till next week. Convener Committee Zahid Hamid told media persons that the schedule of the mee

Published 25 May, 2017 12:00am

Punjab CM reviews agriculture sector's priorities in budget

Punjab Chief Minister Shahbaz Sharif presided over a high level meeting here on Wednesday which reviewed in detail next financial year's budget especially priorities of the agriculture sector. Provincial ministers Ayesha Ghaus Pasha, Naeem Akhtar Bhabha,

Published 25 May, 2017 12:00am

Punjab CM reviews agriculture sector's priorities in budget

Published 25 May, 2017 12:00am

Leather products: MCC chief for simplifying rebate cheques' procedure

President of Multan Chamber of Commerce and Industry (MCCI), Khawaja Jalaluddin Roomi urged the Collector of Customs (MCC) Multan, Saud Imran Ahmed to simplify the issuance of rebate cheques of leather products within ten days like Karachi and double whar

Published 25 May, 2017 12:00am

Leather products: MCC chief for simplifying rebate cheques' procedure

Published 25 May, 2017 12:00am

CAA delays outsourcing of three airports

The Civil Aviation Authority (CAA) has deferred the outsourcing of country's three airports till June 3. This was told to Lahore High Court by CAA Deputy Director Legal, Farooq Afzal during hearing of petitions challenging outsourcing of management contro

Published 25 May, 2017 12:00am

Punjab Assembly passes three bills

Punjab Assembly in its session here on Wednesday passed three bills 'The Punjab Shehr-e-Khamoshan Authority Bill -2017,'The Punjab Women Protection Authority Bill-2017' and 'The Punjab Boilers and Pressure Vessels (Amendment) Bill-2017. Speaker Rana Muham

Published 25 May, 2017 12:00am

US MIDDAY: gold soars

Gold prices rose early on Wednesday as the dollar slipped and minutes of the Federal Reserve's last policy meeting suggested the US central bank was cautious about raising interest rates. The metal is highly sensitive to higher rates, which increase the o

Published 25 May, 2017 12:00am

US MIDDAY: wheat rises; corn, soya little changed

Chicago wheat futures inched higher Wednesday on light short-covering, one day after the spot contract fell about 1 percent on better-than-expected US wheat condition ratings, traders said. Corn and soyabean futures were modestly firm in choppy trade as t

Published 25 May, 2017 12:00am

Oil pulls back slightly on low US gasoline stock draw

Oil prices retreated slightly Wednesday as investors reacted to a smaller-than-expected US gasoline stocks draw as they awaited the outcome of discussions in Vienna between OPEC and other oil-exporting countries on whether to extend output cuts. US crude

Published 25 May, 2017 12:00am

Cotton

Cotton futures move higher

ICE cotton futures rose on Wednesday on a weaker dollar and short covering ahead of the US Department of Agriculture's weekly export sales report on Thursday. "People are starting to look at the US export sales again. ... There is a pretty large unfixed s

Published 25 May, 2017 12:00am

Brazil pre-salt oil auction cleared

The Brazilian government has approved terms for another auction of exploration rights to high potential oil prospects, in the so called pre-salt layer, but oil firms are not totally happy with the rules. Brazil's Energy Ministry said on Thursday in the of

Published 25 May, 2017 12:00am

Gold steadies in European trade

Gold steadied just above $1,250 an ounce on Wednesday, taking a breather after the previous day's fall as investors awaited minutes of the Federal Reserve's latest meeting for clues on the outlook for US interest rates. The metal is highly sensitive to ri

Published 25 May, 2017 12:00am

Gold little changed in Asia

Gold held steady in Asia on Wednesday, after slipping in the previous session, as investors awaited cues on the US Federal Reserve's rate hike stance from the minutes of its last meeting due later in the day. Federal funds futures suggested traders saw ab

Published 25 May, 2017 12:00am

Gold falls in NY

Gold prices fell on Tuesday, as the US dollar rebounded from 6-1/2-month lows and investors shrugged off heightened political risk following a deadly suicide attack in Britain. The blast at a concert hall in Manchester, which killed at least 22 people, pr

Published 25 May, 2017 12:00am

Cocoa posts biggest one-day rout since 2011 in heavy volume

Cocoa on ICE Futures plunged on Wednesday in the biggest one-day rout since 2011 as a short-covering rally faltered, stop-loss orders exaggerated the day's selling and expectations of excess supplies weighed. Cocoa futures tumbled in heavy volume amid fun

Published 25 May, 2017 12:00am

Vegetable Oil

Palm oil hits near three-week low

Malaysian palm oil futures fell more than 1 percent on Wednesday evening, dipping to their lowest in nearly three weeks, as they tracked weaker-performing soyaoil on the Chicago Board of Trade and China's Dalian Commodity Exchange. The benchmark palm oil

Published 25 May, 2017 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

The following were Wednesday's Rotterdam vegetable oil prices at 1600 GMT: (Markets will be closed on Thursday May 25 for Ascension Day holiday).

Published 25 May, 2017 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

The following were Wednesday's Rotterdam vegetable oil prices at 1600 GMT: (Markets will be closed on Thursday May 25 for Ascension Day holiday).

Published 25 May, 2017 12:00am

Exchange

Rubber down

Benchmark Tokyo rubber futures erased early gains to close lower on Wednesday, tracking sharp falls in Shanghai futures after Moody's Investors Service downgraded China's credit ratings. Tokyo Commodity Exchange (TOCOM) futures, which set the tone for tyr

Published 25 May, 2017 12:00am

Exchange

Copper prices fall after Moody's downgrades China

The copper price fell on Wednesday after Moody's downgraded China's credit ratings for the first time in 30 years, raising concerns about demand in the world's largest consumer of industrial metals, but a drop in copper stockpiles limited losses. Nickel,

Published 25 May, 2017 12:00am

Exchange

Shanghai copper slips

Shanghai Futures Exchange copper edged down as much as 0.4 percent to 45,780 yuan ($6,645) a tonne on Wednesday after credit ratings agency Moody's downgraded China due to its massive debt, with muted trade expected ahead of the release later in the sessi

Published 25 May, 2017 12:00am

Venezuela leader defies demonstration, launches constitution overhaul

Venezuela's President Nicolas Maduro Tuesday formally launched moves to rewrite the constitution, defying opponents who accuse him of clinging to power in a political crisis that has sparked deadly unrest. At an open air rally before thousands of supporte

Published 25 May, 2017 12:00am

Oman flies freed Australian out of Yemen

An Australian kidnapped in Yemen was evacuated from the war-torn country by the Omani government on Wednesday after negotiations through tribal mediators led to his release. Oman's foreign ministry did not name the man and it was not immediately clear if

Published 25 May, 2017 12:00am

Duterte threatens martial law for all of Philippines

Philippine President Rodrigo Duterte threatened Wednesday to impose martial law nationwide to combat the rising threat of terrorism, after Islamist militants beheaded a policeman and took Catholic hostages while rampaging through a southern city. Duterte

Published 25 May, 2017 12:00am

Trump promises peace push after 'fantastic' pope talks

Donald Trump vowed Wednesday to use his US presidency to promote peace around the world after what he depicted as an inspirational meeting with an initially grim-faced Pope Francis. Meeting face-to-face for the first time, the two leaders sidestepped prof

Published 25 May, 2017 12:00am

Qatar begins probe after state news agency hacked

Qatar said Wednesday it had begun an inquiry into an unprecedented security breach by hackers who posted fake news stories attributed to its ruler on highly sensitive regional political issues. The cyber attack, which hit Qatar's official news agency webs

Published 25 May, 2017 12:00am

At least five dead in Mogadishu bombing

At least five people were killed and six injured when a car bomb exploded outside the port in the Somali capital Mogadishu on Wednesday, officials and witnesses said. "A car loaded with explosives was detonated near a cafe and it killed five people with s

Published 25 May, 2017 12:00am

ECB sees clouds over eurozone's financial stability

The European Central Bank said Wednesday that stress in the eurozone financial system had remained low over the past six months, but it warned of "significant" risks to that stability. "Risks to financial stability stemming from financial markets remain s

Published 25 May, 2017 12:00am

Banks give European stocks stability, autos driven lower by Fiat

European shares, stuck just below 21-month highs for more than a week, struggled to gain momentum on Wednesday, with strength in banks and big oil majors offset by weakness in miners and autos. The pan-European STOXX 600 index ended up 0.1 percent. Among

Published 25 May, 2017 12:00am

China stocks steady

China's main stock indexes recouped earlier losses to end roughly flat on Wednesday, as strong gains in small-caps partially offset Moody's downgrading of China's debt ratings. The blue-chip CSI300 index was unchanged at 3,424.17 points, while the Shangha

Published 25 May, 2017 12:00am

Indian shares keep falling

India's main NSE index posted its fourth session of losses in five on Wednesday as investors were unnerved by border tensions with Pakistan and on the expiry of derivatives contracts this week. The broader NSE index closed 0.27 percent lower at 9,360.55,

Published 25 May, 2017 12:00am

Treasury yields rise

US Treasury yields rose on Tuesday as some investors pared bond positions to make room for this week's federal and corporate supply while others reduced safe-haven bond holdings in favour of stocks. Some traders also turned cautious ahead of the release o

Published 25 May, 2017 12:00am

Treasury yields rise

Published 25 May, 2017 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	281.17
USD PKR Interbank Buying / Apr 25	280.97
USD to Japanese Yen / Apr 25	143.67
USD to Swiss Franc / Apr 25	0.83
Pound Sterling to USD / Apr 25	1.33
Euro to USD / Apr 25	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 25	5,525.21
India Sensex / Apr 25	79,212.53
Tokyo Nikkei / Apr 25	35,705.74
Nasdaq / Apr 25	17,382.94
Hang Seng / Apr 25	21,980.74
FTSE 100 / Apr 25	8,415.25
Dow Jones / Apr 25	40,113.50
Germany DAX 30 / Apr 25	22,242.45
France CAC40 / Apr 25	7,536.26

Item	Value
Crude Oil USD/Barrel / Apr 25	63.17
Karachi Cotton PKR/37.32 KG / Apr 25	16,985
Gold 10 Grams PKR / Apr 25	298,950
Gold Spot USD/Ounce / Apr 25	3,327.60
Cotton US¢/pound / Apr 25	68.80
Petrol/Litre / Apr 27	254.63
Diesel/Litre / Apr 27	258.64

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Apr 25 First Capital Equities Limited(FCEL)	4.92 ▲ 0.96 (24.24%)
PICIC Ins.Ltd. / Apr 25 PICIC Insurance Limited(PIL)	3.14 ▲ 0.5 (18.94%)
Dewan Mushtaq / Apr 25 Dewan Mushtaq Textile Mills Limited(DMTM)	7.99 ▲ 1 (14.31%)
Pak. P.V.C. / Apr 25 Pakistan PVC Limited(PPVC)	8.26 ▲ 1 (13.77%)
J.K.Spinning / Apr 25 J.K. Spinning Mills Limited(JKSM)	61.90 ▲ 5.63 (10.01%)
At-Tahur Ltd. / Apr 25 At-Tahur Limited(PREMA)	86.74 ▲ 7.89 (10.01%)
Shezan Inter. / Apr 25 Shezan International Limited(SHEZ)	203.03 ▲ 18.46 (10%)
Sunrays Textile / Apr 25 Sunrays Textile Mills Limited(SUTM)	156.38 ▲ 14.22 (10%)
PIA Holding Co.B / Apr 25 PIA Holding Company Limited B(PIAHCLB)	3,282.29 ▲ 298.39 (10%)
S.S.Oil / Apr 25 S.S.Oil Mills Limited(SSOM)	357.05 ▲ 32.46 (10%)

Stock	Price
Engro Powergen / Apr 25 Engro Powergen Qadirpur Limited(EPQL)	28.71 ▼ -10.13 (-26.08%)
Ghani Chemworld / Apr 25 Ghani Chemworld Limited(GCWL)	8 ▼ -1 (-11.11%)
Samba Bank / Apr 25 Samba Bank Limited(SBL)	8.01 ▼ -0.99 (-11%)
Arpak Int. / Apr 25 Arpak International Investments Ltd.(ARPAK)	56.66 ▼ -6.29 (-9.99%)
Blue-Ex Ltd / Apr 25 Blue-Ex Limited (GEM)(GEMBLUEX)	47.38 ▼ -5.26 (-9.99%)
Saif Power Ltd. / Apr 25 Saif Power Limited(SPWL)	12.31 ▼ -1.3 (-9.55%)
Shaheen Ins. / Apr 25 Shaheen Insurance Company Limited(SHNI)	5.25 ▼ -0.46 (-8.06%)
Equity Modaraba / Apr 25 First Equity Modaraba(FEM)	2.75 ▼ -0.24 (-8.03%)
GlaxoSmithKline / Apr 25 GlaxoSmithKline Pakistan Limited(GLAXO)	409.57 ▼ -34.89 (-7.85%)
AKD Hospitality / Apr 25 AKD Hospitality Limited(AKDHL)	136.65 ▼ -10.81 (-7.33%)

Stock	Volume
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	22,789,497 ▼ -0.02
Power Cement / Apr 25 Power Cement Limited(POWER)	21,965,614 ▼ -0.17
Sui South Gas / Apr 25 Sui Southern Gas Company Limited(SSGC)	21,567,163 ▼ -0.56
B.O.Punjab / Apr 25 The Bank of Punjab(BOP)	19,825,526 ▼ -0.08
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	17,030,953 ▼ -0.04
Aisha Steel Mill / Apr 25 Aisha Steel Mills Limited(ASL)	16,751,796 ▲ 0.59
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	16,717,262 ▼ -0.17
Pak Int.Bulk / Apr 25 Pakistan International Bulk Terminal(PIBTL)	16,382,803 ▲ 0.14
Sui North Gas / Apr 25 Sui Northern Gas Pipelines Limited(SNGP)	13,338,455 ▲ 0.33
Secure Logistics / Apr 25 Secure Logistics Group Limited(SLGL)	12,723,116 ▲ 1.13

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