News Archives for Print - 2017-05-29

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Print - 2017-05-29

The Weather

The weather report on Sunday (April 28, 2017) and the forecast for Monday (May 29, 2017).

Published 29 May, 2017 12:00am

Returns on Profit and Loss Sharing Investment Bank Accounts (JULY TO DECEMBER 2016)

Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and Term Deposits.

Published 29 May, 2017 12:00am

Exchange

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (May 22 to 26, 2017).

Published 29 May, 2017 12:00am

Some of the blessings and benefits of Ramazan

The blessings and benefits of Ramazan Fasting are too many to be counted. If one does recognize them and realize their importance, he wishes to have the month of Ramazan to be throughout the whole year. These blessings are given by Allah to the fasting Mu

Published 29 May, 2017 12:00am

'Ramazan Kareem'

The month of Ramazan brings an opportunity to boost spiritual and physical harmony. During the whole month of Ramazan a psychological and physiological equilibrium is established restoring synchronisation to every faster's body, mind, and soul. According

Published 29 May, 2017 12:00am

CN Rail union plans strike

A union representing Canadian National Railway Co conductors said it plans to strike on Tuesday morning after the railroad announced new work rules in the midst of negotiations to replace a contract that expired last year. The Teamsters Canada Rail Confer

Published 29 May, 2017 12:00am

Australian gold output slumps eight percent in Q1

Heavy rains and a cyclone led to an 8 percent, or six-tonne drop in Australian gold production in the first quarter, a survey released on Sunday showed. Output for the quarter from the world's second-biggest gold mining nation after China totaled 71.5 ton

Published 29 May, 2017 12:00am

Exchange

Shell, ConocoPhillips oil sands share selloff risks flooding market

Canadian equity markets risk being swamped with oil sands company shares this year as Royal Dutch Shell and ConocoPhillips prepare to offload C$6.8 billion ($5.1 billion) worth of stakes in two domestic producers, just months after acquiring them. The two

Published 29 May, 2017 12:00am

Alitalia strike grounds 200 flights

A strike at Italian carrier Alitalia, placed in administration earlier this month, grounded 200 flights Sunday, the airline said, adding it managed to reassign some 80 percent of passengers affected. Alitalia, which has been stacking up losses for years,

Published 29 May, 2017 12:00am

Google linking online and offline in new ad challenge

Google is testing a way to tie online ads to brick-and-mortar store purchases, a move whetting marketing appetites while fueling privacy worries. A product called "Google Attribution" was unveiled at a marketing conference this month in San Francisco by t

Published 29 May, 2017 12:00am

Greece's Energean to supply 23 bcm of gas to Israel

Greece's Energean said on Sunday it signed contracts to supply up to 23 billion cubic meters of natural gas to private Israeli power stations from the Tanin and Karish gas fields offshore Israel. The deals were signed with Dalia Power, which operates Isra

Published 29 May, 2017 12:00am

China's Shanxi vows to suspend 120 million tonnes of coal capacity

Authorities in Shanxi, one of China's biggest coal-producing regions, have vowed to suspend or slow the construction of 120 million tonnes of coal production capacity from 2016 to 2020, the official Xinhua agency reported on Sunday. The northern province

Published 29 May, 2017 12:00am

Poland's low deficit set to rise with investments, retirements

Poland's finance minister said on Thursday that the 2017 budget deficit will be lower than the planned 59.4 billion zloty, but its size depends on how many people take advantage of a lower retirement age in the autumn. Finance minister Mateusz Morawiecki

Published 29 May, 2017 12:00am

Dubai's DSI to put aside almost one billion dirhams for debt payments

Dubai contractor Drake & Scull International (DSI) expects to have nearly 1 billion dirhams ($272 million) of cash flow available over the next four years to partly repay its debt, banking sources told Reuters. The loss-making builder sent non-disclosure

Published 29 May, 2017 12:00am

Supply problems hit production at BMW

Problems at one of its suppliers has forced German carmaker BMW to halt production in Leipzig and could hit its plants in China and South Africa, German magazine Focus reported in its online edition. The magazine said problems at one of BMW's Italian supp

Published 29 May, 2017 12:00am

Major Hong Kong banks raise mortgage rates

Some of Hong Kong's largest commercial banks in the mortgage loans market said they would raise interest rates following the latest round of mortgage tightening measures by the city's de facto central bank. Banks have to set aside more capital when they l

Published 29 May, 2017 12:00am

Russia squares up to Boeing, Airbus with maiden jet flight

Russia completed the maiden flight of its new MS-21 medium-range passenger plane on Sunday, its first post-Soviet foray into production of a mainline commercial aircraft which it hopes will rival those of its Western competitors. In a surprise statement,

Published 29 May, 2017 12:00am

US deaths from Alzheimer's soar to 55 percent

Deaths from Alzheimer's in America have soared 55 percent since 1999, as the burden of this fatal form of dementia grows and the population ages, a federal health report said on Thursday. The study in the US Centers for Disease Control and Prevention's Mo

Published 29 May, 2017 12:00am

Foot mat may help predict who will get a common diabetes complication

An experimental foot-temperature monitoring system might one day be able to detect when diabetic patients are developing foot ulcers, a common complication that can lead to infections and amputations, a small study suggests. Diabetic foot ulcers typically

Published 29 May, 2017 12:00am

Certain nuts may help ward off return of colon cancer: study

Eating certain kinds of tree nuts, such as almonds, pecans, walnuts, hazelnuts and cashews, has been linked to a dramatically lower risk of colon cancer recurrence, researchers said on Wednesday. The observational study involved 826 patients who had under

Published 29 May, 2017 12:00am

'Smart genes' account for 20 percent of intelligence: study

Scientists on Monday announced the discovery of 52 genes linked to human intelligence, 40 of which have been identified as such for the first time. The findings also turned up a surprising connection between intelligence and autism that could one day help

Published 29 May, 2017 12:00am

Light cigarettes linked to lung cancer

So-called "light" cigarettes with holes in the filter could be the reason why a specific kind of lung cancer has been on the rise in recent decades, researchers said on Monday. Adenocarcinoma is the most common form of lung cancer and occurs deep in the l

Published 29 May, 2017 12:00am

'Learning to read in adulthood transforms brain'

A study of women in India who learned to read in their 30s shows the human brain's incredible capacity to reorganize and transform itself, researchers said on Wednesday. Researchers recruited women in India, a country with an illiteracy rate of around 39

Published 29 May, 2017 12:00am

Lack of sleep boosts chances of dying from heart disease

Not getting enough sleep can double the chances of dying from heart disease or stroke, particularly in people with risk factors like diabetes, obesity, high blood pressure and cholesterol, US researchers said on Wednesday. The findings in the Journal of t

Published 29 May, 2017 12:00am

Google AlphaGo programme beats top-ranked Go player

Google's computer programme AlphaGo beat the world's top-ranked player in the ancient Chinese board game Go on May 23, re-affirming the arrival of what its developers tout as a ground-breaking new form of artificial intelligence. AlphaGo took the first en

Published 29 May, 2017 12:00am

Google helps advertisers track spending in physical stores

Google already monitors online shopping and now it's keeping an eye on physical stores to try to sell more digital advertising. The internet company said Tuesday that a new tool will track how much money people spend in merchants' brick-and-mortar stores

Published 29 May, 2017 12:00am

Ford shakeup underscores Detroit's tech dilemmas

Ford's decision to oust its CEO is the latest sign of how Silicon Valley technology firms are shaking the foundation of the American auto industry. The removal of Mark Fields after just three years at the helm - and his replacement by an auto industry out

Published 29 May, 2017 12:00am

Exchange

Lenovo returns to profit as pesonal computers market stabilises

Chinese technology giant Lenovo on May 25 said its net profit for the fiscal year was back in the black, helped by stabilisation in its core personal computer market. The Beijing-based company, which has traditionally manufactured computers but has been t

Published 29 May, 2017 12:00am

Dell EMC announces wave of new innovations

Dell EMC has announced a wave of new innovations at Dell EMC World in Las Vegas, serving a specific and meaningful role towards helping enterprises realize their goals for digital transformation. The proclamation from the same was extended in Karachi, whe

Published 29 May, 2017 12:00am

Apple opens first official store in Southeast Asia

Apple opened its first Southeast Asia store in Singapore on Saturday, drawing hundreds of excited fans to the swanky two-storey site in the city's upmarket shopping district. Located on the affluent Orchard Road, the new shop - easily distinguished by its

Published 29 May, 2017 12:00am

Samsung investigating Galaxy S8 'iris hack'

Samsung Electronics is investigating claims by a German hacking group that it fooled the iris recognition system of the new flagship Galaxy S8 device, the firm said May 24. The launch of the Galaxy S8 was a key step for the world's largest smartphone make

Published 29 May, 2017 12:00am

Tiffany's sales miss estimates

Tiffany & Co reported lower-than-expected quarterly sales and a surprise drop in comparable sales, underscoring the upscale jeweller's struggles with a strong dollar that has crimped spending by tourists and weak demand at home. The dollar has strengthene

Published 29 May, 2017 12:00am

Lack of new launches leaves Ford playing catch up with GM

James Hackett spent the last year plotting Ford Motor Co's long-term self-driving car strategy. In his first week as chief executive, he has more immediate concerns: stopping a skid in North American sales and fending off a market share grab by resurgent

Published 29 May, 2017 12:00am

GE's Saudi joint venture to start gas turbine production this year

General Electric's joint venture to manufacture gas turbines in Saudi Arabia will start production by the end of the year, the chief executive of its state-backed Saudi partner said on Thursday. GE and Saudi industrial development company Dussur signed an

Published 29 May, 2017 12:00am

Maybank posts 19 percent jump in Q1 net profit

Malaysia's largest lender by assets Maybank posted a better-than-expected 19 percent jump in first-quarter net profit as it made more loans in Southeast Asia and as a restructuring of troubled loans last year helped cut its impairment losses. Malaysian ba

Published 29 May, 2017 12:00am

Maybank posts 19 percent jump in Q1 net profit

Published 29 May, 2017 12:00am

Sberbank makes record $3 billion Q1 profit as economy improves

Russia's largest bank Sberbank made record quarterly profit of 167 billion roubles ($2.97 billion) in the first three months of the year, helped by cheaper funding and risk management costs as the economy improved. State-controlled Sberbank has consistent

Published 29 May, 2017 12:00am

Sberbank makes record $3 billion Q1 profit as economy improves

Published 29 May, 2017 12:00am

Mitsui to secure at least $3.6 billion core operating cash flow: CEO

Japan's Mitsui & Co is confident it can generate at least 400 billion yen ($3.6 billion) of core operating cash flow in each of the next three years even if commodity prices remain turbulent, its company head said on Wednesday. "Even under our worst scena

Published 29 May, 2017 12:00am

Canadian banks play down concerns of Home Capital contagion

Three of Canada's biggest banks on Thursday played down concerns that Home Capital Group's problems could impact the broader financial system and reported quarterly results that topped market expectations. The comments from executives came as investors, w

Published 29 May, 2017 12:00am

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Sunday. 80.53-80.55 (previous 80.53-80.55).

Published 29 May, 2017 12:00am

BoJ's Sakurai rules out near-term hike in bond yield target

Bank of Japan board member Makoto Sakurai ruled out the chance of an imminent hike in the central bank's bond yield target, stressing the need to maintain its massive stimulus programme to prop up inflation and fend off overseas economic risks. Sakurai sa

Published 29 May, 2017 12:00am

BoJ's Sakurai rules out near-term hike in bond yield target

Published 29 May, 2017 12:00am

Commodity traders, banks face hard realities with game-changing blockchain

Alistair Cross was flying high after showing in a pilot project how blockchain - the technology first developed for the crypto-currency bitcoin - could transform the old-fashioned and secretive world of commodity trading. But since the pilot ran early thi

Published 29 May, 2017 12:00am

Exchange

Alfa Financial Software plans to list in London in June

Alfa Financial, which provides software for the asset finance industry, plans to list on the London Stock Exchange next month. A source familiar with the matter said the company, which counts Bank of America and Mercedes-Benz as customers, was aiming for

Published 29 May, 2017 12:00am

Exchange

Alfa Financial Software plans to list in London in June

Published 29 May, 2017 12:00am

Gulf markets fall on global oil output deal, property firms aid Egypt

Most Gulf stock markets fell in disappointment on Sunday after global oil producers agreed to extend cuts in output by nine months in an effort to prop up prices, while real estate developers boosted Egypt's index. Last Thursday's oil output deal may put

Published 29 May, 2017 12:00am

Pension reform vote clouds outlook for Brazil's currency

Brazil's currency will become more volatile in coming months as investors fear lawmakers could block key austerity measures ahead of next year's general elections, strategists said in a Reuters poll. The Brazilian real is forecast at 3.25 per US dollar in

Published 29 May, 2017 12:00am

Investment focus: European stocks wouldn't escape fallout from a Wall Street retreat

Europe's brightening economic prospects are unlikely to insulate regional stocks from any sharp pullback on Wall Street where a wobble last week heightened anxiety about whether a market at record highs is due a correction. Darkening clouds in the United

Published 29 May, 2017 12:00am

Exchange

South Korea's largest games maker goes public

South Korea's biggest mobile games maker Netmarble went public in Seoul Friday as it seeks overseas acquisitions, with the firm valued at around $12 billion. Netmarble's Lineage 2 is a hugely popular massively multiplayer online role-playing game (MMORPG)

Published 29 May, 2017 12:00am

Exchange

South Korea's largest games maker goes public

Published 29 May, 2017 12:00am

Exchange

Cinven revives plans to list German truck parts maker Jost

Buyout group Cinven is reviving plans to list German truck and trailer parts maker Jost on the Frankfurt stock exchange, people close to the matter said. The company is expected to announce its intention to float either in early July or in September, they

Published 29 May, 2017 12:00am

Exchange

Cinven revives plans to list German truck parts maker Jost

Published 29 May, 2017 12:00am

Mutual Funds

Wall Street week ahead: switch it up this year: Buy in May, till November stay

"Sell in May and go away" is perhaps the oldest saw on Wall Street, but it appears there's no shortage of US mutual funds doing exactly that this year. After all, the S&P 500 has delivered a total return, including reinvested dividends, of 10.8 percent ov

Published 29 May, 2017 12:00am

Kerb

Kerber in historic loss, tearful Kvitova returns

Angelique Kerber became the first top seed to lose in the opening round at Roland Garros on Sunday as tearful Petra Kvitova swept to victory in her first match since surviving a knife attack which almost ended her career. German world number one Kerber, t

Published 29 May, 2017 12:00am

Messi leads Barca to third King's Cup win in a row

Lionel Messi and Neymar showed their pedigree as Barcelona outclassed a determined Alaves side 3-1 on Saturday to win the King's Cup for a third successive year, allowing coach Luis Enrique to leave the club on a high. Messi curled in the opener in the 30

Published 29 May, 2017 12:00am

New Pakistan skipper faces Trophy acid test

New captain Sarfraz Ahmed will face his stiffest test yet when he leads unfancied Pakistan in the Champion's Trophy - starting with a highly-charged clash against India. After qualifying by the skin of their teeth, Pakistan will need to overcome serious b

Published 29 May, 2017 12:00am

South Korea upset China to win Sudirman Cup

South Korea Sunday won badminton's Sudirman Cup for the first time in 14 years with an emotional 3-2 victory over 10-time champions China at Australia's Gold Coast. The South Koreans claimed their fourth cup in the biennial tournament with a charged 21-17

Published 29 May, 2017 12:00am

Government ready to mediate in Australia pay row

Sports Minister Greg Hunt said Sunday the federal government was prepared to provide mediation between Cricket Australia and players over the pay-dispute stalemate. CA chairman David Peever has turned down the Australian Cricketers' Association's request

Published 29 May, 2017 12:00am

Stokes stars as England take South Africa series

Ben Stokes struck a superb century before pacemen Josh Ball and Mark Wood helped England seal a dramatic and series-clinching two run-win over South Africa in the second one-day international at Southampton on Saturday. Victory put England 2-0 up with one

Published 29 May, 2017 12:00am

Dortmund end German Cup jinx

Borussia Dortmund snapped their German Cup jinx when they edged past Eintracht Frankfurt 2-1 on Saturday to win the trophy after losing the three previous finals, and end their eventful season on a high. Goals from Ousmane Dembele and Bundesliga top score

Published 29 May, 2017 12:00am

Farah, Taylor shine at Prefontaine Classic

Mo Farah laid down a marker to his rivals with a superb 5,000m victory in the Prefontaine Classic here Saturday as triple jump king Christian Taylor edged ever closer to his dream of a world record leap. Farah, the four-time Olympic champion who is embark

Published 29 May, 2017 12:00am

Own goal earns PSG record 11th French Cup title

Paris St Germain's dominance in the domestic cup competitions continued on Saturday after they captured a record 11th French Cup title by beating Angers 1-0 thanks to an injury-time own goal. The capital side, who owed their victory to Issa Cissokho's own

Published 29 May, 2017 12:00am

Ramsey fires Wenger to record seventh FA Cup

Aaron Ramsey scored a 79th-minute header to earn Arsenal a stunning 2-1 win over Double-chasing Chelsea on Saturday and deliver embattled manager Arsene Wenger a record seventh FA Cup. Wenger has been barracked by his own fans and failed to secure Champio

Published 29 May, 2017 12:00am

International agencies: Customs being empowered to carry out joint actions

Pakistan Customs have been given legal backing to carry out joint operations with international agencies against smugglers of narcotics and suspected consignments of prohibited and restricted goods coming into Pakistan. Sources said that the Finance Bill

Published 29 May, 2017 12:00am

PAJCCI calls for abolition of SRO 121

Senior Vice President (SVP) Pak-Afghan Joint Chamber of Commerce and Industry (PAJCCI), Zia-ul-Haq Sarhadi, has expressed reservations over the new Afghan Transit Trade Agreement (APTTA) and called for the abolition of SRO 121 with immediate effect and be

Published 29 May, 2017 12:00am

Senior PPP leader in Chitral Sultan Wazir joins APML

An important political figure from Chitral and former member of Pakistan Peoples Party (PPP) Sultan Wazir Khan has joined All Pakistan Muslim League of former president General Syed Pervez Musharraf (Retired). Sultan Wazir is also a former bureaucrat. On

Published 29 May, 2017 12:00am

PPP leader criticises Sharifs for raising questions about JIT

Parliamentary leader of the PPP in the Senate, Senator Taj Haider has expressed dismay over questions raised by family of the Prime Minister against the Joint Investigation Team (JIT) set up by the Supreme Court to investigate the Panama Leaks case. In a

Published 29 May, 2017 12:00am

Prices of vegetable, fruits, beverages jump with start of Ramazan

With the arrival of holy month of Ramazan the prices of vegetables, fruits, dates, grains, flour, beverages, spices, and other special ramazan food items have increased substantially, according to survey conducted by Business Recorder here on Sunda

Published 29 May, 2017 12:00am

Government clarifies President's exact salary

Refuting recent reports regarding huge raise in President Mamnoon Hussain's salary, the government has clarified that his salary has been proposed Rs 130,000 per month in the new budget. "In relation to the Federal budget 2017/18, the impression being cre

Published 29 May, 2017 12:00am

Mutual Funds

Comments on fiscal year 2017-2018 Budget

KEY ECONOMIC INDICATORS: Economic Survey 2016-17

Published 29 May, 2017 12:00am

Mutual Funds

Comments on fiscal year 2017-2018 Budget

KEY ECONOMIC INDICATORS: Economic Survey 2016-17

Published 29 May, 2017 12:00am

Exchange

Three kidnappers killed in police 'encounter'

Three criminals of kidnapping and murder were reportedly killed in exchange of fire with police here on Sunday. District Police Officer (DPO), Sarfaraz Virk said that the police on a tipoff conducted an operation against the criminals, who had killed a se

Published 29 May, 2017 12:00am

Balochistan Assembly fails to excel in legislative productivity

The 10th Provincial Assembly of Balochistan witnessed improvement in the assembly performance in terms of working longer hours during fourth parliamentary year than the previous year, however, it could not excel in legislative productivity as it was reduc

Published 29 May, 2017 12:00am

Wanted criminal killed in CTD operation

A wanted criminal was killed in an operation conducted by the counter terrorism department (CTD) in SITE area of the city on Sunday night. According to CTD SSP Omar Shahid, they conducted an operation near Nowras Chungi in SITE area. During the raid, Suha

Published 29 May, 2017 12:00am

Efforts afoot to bring an end to menace of load-shedding: Muqam

Adviser to Prime Minister, Amir Muqam, has said that the government was making serious efforts to eliminate load shedding by next year. Addressing a news conference in Wapda house Peshawar on Sunday, he said that the government was working to upgrade powe

Published 29 May, 2017 12:00am

Ex-servicemen disappointed over 10 percent pension increase

Expressing their disappointment over the budget, ex-servicemen said 10 percent increase in their pension is not in accordance with inflation. In a meeting held here at District Office Pakistan Ex-Servicemen Society (PESS) Sunday they said ex-servicemen pa

Published 29 May, 2017 12:00am

2,100 teachers being trained by CADD

As many as 2100 teachers of the federal public schools were being trained by the Capital Administration and Development Division (CADD), under ongoing Phase-II of the Prime Minister's Education Reforms Programme to enhance the skill set of the teachers. P

Published 29 May, 2017 12:00am

FBR to allow diplomats to sell imported vehicles

To facilitate diplomatic community, the Federal Board of Revenue (FBR) will allow diplomats to locally sale second vehicle on payment of duties and taxes in cases where the vehicle is imported for their spouses in Pakistan. Sources told Business Record

Published 29 May, 2017 12:00am

Zardari leaves for Dubai

Former president and Pakistan People's Party (PPP) co-chairman Asif Ali Zardari has left for Dubai. The former president will also visit London and the United States. Asif Zardari has left for Dubai five months after returning to Pakistan on December 24.
Published 29 May, 2017 12:00am

Importers of food, grocery items form 'PFIA'

Importers of food and grocery items have formed an association PFIA to protect the rights of their members who believe in paying all due taxes and duties and providing the citizen quality food products. Naseem Chawla has been elected as its Chief Patron w
Published 29 May, 2017 12:00am

12,458 individuals trained to check cybercrimes: FIA

Federal Investigation Agency (FIA) has arranged training of 12,458 individuals from all walks of life to serve purpose of controlling cyber crimes during last four years. National Response Centre for Cyber Crimes (NR3C) arranged these trainings on digital
Published 29 May, 2017 12:00am

Mahmood Sham's book launched

Prominent journalist and writer Mahmood Sham's book titled `Indifference in the time of extremism' has been launched, the organisers said here on Sunday. Speaking on the occasion, Mahmood Sham called for honing the talent and abilities of journalists, esp
Published 29 May, 2017 12:00am

HEC facilitates Balochistan's academia & industry

The Higher Education Commission organised a meeting on University-Industry Linkages at Balochistan University of Information Technology, Engineering and Management Sciences, Quetta.
Published 29 May, 2017 12:00am

Imran condemns fresh Indian brutalities in held Kashmir

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan Sunday strongly condemned the ongoing reign of terror unleashed by Indian Occupation forces in Indian Occupied Kashmir, which led to the death of 12 Kashmiris including Burhan Wani's successor Sabzar Bhat
Published 29 May, 2017 12:00am

'Order passed by President can be challenged at LHC's principal seat'

Lahore High Court (LHC) has ruled that order passed by President of Pakistan can be challenged at the Principal Seat of LHC at Lahore by any resident of Punjab and there is no need to file application for hearing of case at the principal seat.
Published 29 May, 2017 12:00am

Maleeha calls for protection of civilians in armed conflicts

Pakistan has voiced concerns over treatment of non-combatants as "fair game" by warring parties in conflict zones around the world, and called for firm measures to end attacks on medical facilities and staff engaged in saving lives. "Any attack on medical
Published 29 May, 2017 12:00am

USAID, AIOU update research scholars on data collecting techniques

A week long data-analysis workshop jointly organised by USAID and Allama Iqbal Open University (AIOU) held here to update the M Phil and PhD students of Education Faculty on new data-collecting techniques (NVIVO software), enabling them to do their resear
Published 29 May, 2017 12:00am

Highest-ever recovery of tax liability

Directorate General Intelligence and Investigation Inland Revenue (IR) has made highest ever recovery of tax liability amounting to Rs 6.2 billion, from owners of a leading home appliances Company of Karachi under Anti Money Laundering Act 2010. Sources t
Published 29 May, 2017 12:00am

Rs 1000 billion ADP is for N-leaguers to buy election: Elahi

Central leader of Pakistan Muslim League-Q (PML-Q) and former chief minister of Punjab, Chaudhry Pervez Elahi has said that the government has allocated Rs 1000 billion for Annual Development Programme (ADP) in the budget 2017-18 but this huge amount is m
Published 29 May, 2017 12:00am

Youm-e-Takbeer observed in AJK

Like across the country, Youm-e-Takbeer was observed in Azad Jammu & Kashmir (AJK) on Sunday with a pledge to defend the country against any aggression. To mark the day, special prayers was offered for peace, progress and prosperity of the country. The hi
Published 29 May, 2017 12:00am

Pakistan condemns terrorist attack in Egypt

Pakistan strongly condemns the terrorist attack on a bus carrying Coptic Christians in Minya Province of Egypt, resulting in the loss of numerous precious lives and injuries to many, a press release said on Sunday. The people and the Government of Pakista
Published 29 May, 2017 12:00am

Entrepreneurship must be part of curriculum in schools: speakers

Speakers at workshops said that entrepreneurship must be part of curriculum in secondary schools to promote girls empowerment. This was discussed in two days workshops organised at Hyderabad on the concept of entrepreneurship in teaching attended by 57 fe
Published 29 May, 2017 12:00am

Faisalabad DC, RPO, MNA visit Ramazan Bazaars

Divisional Commissioner Momin Agha and RPO Bilal Siddique Kamyana jointly visited the Ramzan Bazars in different areas of the city to check the quality, availability and prices of the essential commodities; MNA Mian Abdul Manan also accompanied them. They
Published 29 May, 2017 12:00am

JI asks government to do away with load-shedding

Chief of Jamaat-e-Islami, Pakistan Senator Sirajul Haq, has exhorted the government to provide masses a relief from loadshedding during the sacred month of Ramazan. Talking to different delegations at Mansoora on Sunday, he said the people during their fa
Published 29 May, 2017 12:00am

India's objections to CPEC disingenuous: AJK President

President Azad Jammu and Kashmir (AJK), Sardar Masood Khan said India's objections to China Pakistan Economic Corridor (CPEC) were fake and disingenuous. "Having occupied the territory of one part of Jammu and Kashmir, now it stakes claim of 'sovereignty'
Published 29 May, 2017 12:00am

Sindh CM writes to Asif: power breakdowns may create law, order situation

Sindh Chief Minister Syed Murad Ali Shah said Sunday that the apprehensions he had expressed with federal minister for water & power that fragile and unreliable transmission network may collapse the power supply during Ramazan, and people of Sindh would s
Published 29 May, 2017 12:00am

Two killed

At least two people were killed in separate incidents of firing here on Sunday. Levies sources said that unknown gunmen shot dead one person in Dhadar area of Bolan and fled the scene.
Published 29 May, 2017 12:00am

Misbah celebrates 43rd birthday

Misbah-ul-Haq, Pakistan's most successful captain ever, celebrated his 43rd birthday with friends and family in Lahore on Sunday. Misbah, who was born on May 28, 1974 in Mianwali, captained Pakistan in 56 Tests at a winning rate of 44.64, becoming the cou
Published 29 May, 2017 12:00am

Glowing tributes paid to Sabzar, other martyrs

Hurriyet leaders and organisations have paid glowing tributes to the Hizbul Mujahideen top commander, Sabzar Ahmad Butt and his other associates martyred by Indian troops in their fresh acts of state terrorism in Baramulla and Pulwama districts. The Jammu
Published 29 May, 2017 12:00am

Previous Day

Forex
World
Commodity

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

Crude Oil USD/Barrel / Nov 23

71.24

Gold Spot USD/Ounce / Nov 23

2,716.19

Cotton US¢/pound / Nov 23

70.77

Petrol/Litre / Nov 24

248.38

Gainers
Losers
Leaders

Stock Price

786 Invest Ltd / Nov 24

786 Investments Limited(786)

6.82

▼ 0.00 (0.00%)

AL-Abbas Sugar / Nov 24

Al-Abbas Sugar Mills Limited(AABS)

593.76

▼ 0.00 (0.00%)

Agro Allianz / Nov 24

Agro Allianz Limited(AAL)

16

▼ 0.00 (0.00%)

AL-Abid Silk / Nov 24

Al-Abid Silk Mills Limited(AASM)

3.49

▼ 0.00 (0.00%)

Ali Asghar / Nov 24

Ali Asghar Textile Mills Limited(AATM)

70.89

▼ 0.00 (0.00%)

Allied Bank / Nov 24

Allied Bank Limited(ABL)

120.21

▼ 0.00 (0.00%)

Abbott Lab. / Nov 24

Abbott Laboratories (Pakistan) Limited(ABOT)

1,023.10

▼ 0.00 (0.00%)

Abson Ind. / Nov 24

Abson Industries Limited(ABSON)

2.50

▼ 0.00 (0.00%)

Alfalah ETF. / Nov 24

Alfalah Consumer Index ETF.(ACIETF)

12.55

▼ 0.00 (0.00%)

Stock Price

786 Invest Ltd / Nov 24

786 Investments Limited(786)

6.82

▲ 0.00 (0.00%)

AL-Abbas Sugar / Nov 24

Al-Abbas Sugar Mills Limited(AABS)

593.76

▲ 0.00 (0.00%)

Agro Allianz / Nov 24

Agro Allianz Limited(AAL)

16

▲ 0.00 (0.00%)

AL-Abid Silk / Nov 24

Al-Abid Silk Mills Limited(AASM)

3.49

▲ 0.00 (0.00%)

Ali Asghar / Nov 24

Ali Asghar Textile Mills Limited(AATM)

70.89

▲ 0.00 (0.00%)

Allied Bank / Nov 24

Allied Bank Limited(ABL)

120.21

▲ 0.00 (0.00%)

Abbott Lab. / Nov 24

Abbott Laboratories (Pakistan) Limited(ABOT)

1,023.10

▲ 0.00 (0.00%)

Abson Ind. / Nov 24

Abson Industries Limited(ABSON)

2.50

▲ 0.00 (0.00%)

Alfalah ETF. / Nov 24

Alfalah Consumer Index ETF.(ACIETF)

12.55

▲ 0.00 (0.00%)

Stock Volume

WorldCall Telecom / Nov 24

Worldcall Telecom Limited(WTL)

177,135,830

▲ 0.00

K-Electric Ltd. / Nov 24

K-Electric Limited(KEL)

124,131,268

▲ 0.00

Hascol Petrol / Nov 24

Hascol Petroleum Limited(HASCOL)

105,013,176

▲ 0.00

Fauji Foods Ltd / Nov 24

Fauji Foods Limited(FFL)

77,697,371

▲ 0.00

Treet Battery / Nov 24

Treet Battery Limited(TBL)

43,783,366

▲ 0.00

B.O.Punjab / Nov 24

The Bank of Punjab(BOP)

36,573,763

▲ 0.00

Sui South Gas / Nov 24

Sui Southern Gas Company Limited(SSGC)

32,719,678

▲ 0.00

PIA Holding Co.Ltd / Nov 24

PIA Holding Company Limited(PIAHCLA)

27,969,689

▲ 0.00

Cnergyico PK / Nov 24

Cnergyico PK Limited(CNERGY)

25,874,820

▲ 0.00

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NJLI Sarmaya Growth Fund Rates

Telenor, Orion Towers: CCP completes formalities of PTCL’s acquisition

Privatisation of SIH concludes

Balochistan’s road infrastructure: Govt sets 3-year timeline for Rs400bn projects

Cars on the cards

MoC analyses key reasons behind decline in exports

Banking sector saves the day as profit-taking erases intra-day gains, KSE-100 closes below 98,000

Forex reserves on the rise

HIT converts HAVAL H6 into modern security vehicle

NJLI Sarmaya Growth Fund Rates

Telenor, Orion Towers: CCP completes formalities of PTCL’s acquisition

HIT converts HAVAL H6 into modern security vehicle

Banking sector saves the day as profit-taking erases intra-day gains, KSE-100 closes below 98,000

PM’s plants conversion claim not accepted: Phasing out gas, FO could save $3bn per year: China

Gold price per tola increases Rs2,500 in Pakistan

FBR to depute officials at all sugar mills

PM commends FBR officer for uncovering trillion-rupee GST scam

Cars on the cards

NJLI Sarmaya Growth Fund Rates

HIT converts HAVAL H6 into modern security vehicle

Telenor, Orion Towers: CCP completes formalities of PTCL’s acquisition

CASA-1000 power transmission system: JWG holds meeting with World Bank, IFI reps in Turkiye today

Banking sector saves the day as profit-taking erases intra-day gains, KSE-100 closes below 98,000

Un-registered rich people: FBR finalises plan to take action

PM’s plants conversion claim not accepted: Phasing out gas, FO could save $3bn per year: China

EV policy draft finalised: minister

Gold price per tola increases Rs2,500 in Pakistan

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
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Cotton US¢/pound / Nov 23	70.77
Petrol/Litre / Nov 24	248.38

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 24 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 24 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 24 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 24 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 24 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 24 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 24 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 24 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 24 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00