News Archives for Print - 2017-07-19 - Business Recorder

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اردو

Apr 27, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Print - 2017-07-19

Boost in exports: government considering withdrawing condition

Boost in exports: government considering withdrawing condition

The government is considering withdrawing the condition of a 10 percent increase in exports for availing incentives announced in the Rs 180 billion PM Package for Exporters, as it admitted the package has failed to boost exports. As per the notification,

Published 19 Jul, 2017 12:00am

India's BSE index posts biggest fall this year

India's BSE index posts biggest fall this year

India's benchmark BSE index fell 1.1 percent, posting its biggest daily percentage drop this year and retreating from a record high in the previous session, as ITC Ltd slumped after the government raised a special duty on cigarettes. The BSE index fell 1.

Published 19 Jul, 2017 12:00am

Treasury yields slip

Treasury yields slip

US Treasury yields drifted lower on Monday, trading in narrow ranges, after falling the previous session on soft US inflation and retail sales data ahead of the Federal Reserve's monetary policy meeting next week. Yields, which move inversely to prices, t

Published 19 Jul, 2017 12:00am

Treasury yields slip

Treasury yields slip

US Treasury yields drifted lower on Monday, trading in narrow ranges, after falling the previous session on soft US inflation and retail sales data ahead of the Federal Reserve's monetary policy meeting next week. Yields, which move inversely to prices, t

Published 19 Jul, 2017 12:00am

Wall Street ends flat; Netflix jumps after the bell

Exchange

Wall Street ends flat; Netflix jumps after the bell

US stocks closed little changed in low volume on Monday as gains in utilities and consumer stocks offset declines in healthcare, with earnings news filtering out winners and losers across the board. BlackRock shares fell 3.1 percent to $424.63 after the w

Published 19 Jul, 2017 12:00am

Tuesday's early afternoon trade: goldman weighs on Dow; Netflix helps cap S&P, Nasdaq losses

Tuesday's early afternoon trade: goldman weighs on Dow; Netflix helps cap S&P, Nasdaq losses

The Dow was dragged lower in early afternoon trading on Tuesday by a drop in Goldman Sachs, but losses on the S&P 500 and the Nasdaq were limited by a jump in Netflix's shares. Netflix rose 14.3 percent to hit a record high, following the video streaming

Published 19 Jul, 2017 12:00am

Tokyo stocks down, Toshiba soars on investment

Tokyo stocks down, Toshiba soars on investment

Tokyo stocks closed lower Tuesday as a strong yen hit exporters and banks while Toshiba soared nearly 20 percent on news that a US hedge fund has taken a new stake in the troubled conglomerate. After Tokyo markets closed Friday for a three-day weekend, th

Published 19 Jul, 2017 12:00am

Hong Kong stocks slightly higher

Hong Kong stocks slightly higher

Hong Kong stocks rose for a seventh straight session on Tuesday as gains in the technology and energy sectors offset losses in financial stocks. The Hang Seng index finished 0.2 percent, or 54.36 points higher at 26,524.94.

Published 19 Jul, 2017 12:00am

Middle East markets fall; DAMAC hits Dubai, weak earnings dampen Egypt

Middle East markets fall; DAMAC hits Dubai, weak earnings dampen Egypt

Middle East stock markets fell on Tuesday as a tumble by real estate developer DAMAC caused Dubai to break a seven-session rising streak and weak corporate earnings helped to pull down Egypt's bourse. The Egyptian blue chip index, which had closed at a re

Published 19 Jul, 2017 12:00am

Banks loosened loan rules in second quarter: ECB

Banks loosened loan rules in second quarter: ECB

Eurozone banks offered businesses and households easier access to credit and more lenient repayment conditions in the second quarter, the European Central Bank said Tuesday, confounding expectations the market would tighten. "The net easing of credit stan

Published 19 Jul, 2017 12:00am

Cuba's financial crisis worsens: minister

Cuba's financial crisis worsens: minister

Cuba's two-year-old financial crisis worsened during the first half of this year, and the country is having difficulty obtaining trade credits due to late payments to suppliers, according to Cuban Economy Minister Ricardo Cabrisas. In a report to a closed

Published 19 Jul, 2017 12:00am

Industrial recovery drives China's Q2 GDP as consumption slows

Industrial recovery drives China's Q2 GDP as consumption slows

A pick-up in the industrial sector helped China post better-than-expected second quarter economic growth as finance and real estate expansions slowed to multi-year lows, data showed on Tuesday. That is likely welcome news for Chinese officials that have b

Published 19 Jul, 2017 12:00am

Nissan, UAW agree on union vote at southern US auto plant

Nissan, UAW agree on union vote at southern US auto plant

The United Auto Workers and Nissan said Monday that they reached an agreement to let workers at a Nissan plant in the southern state of Mississippi to vote on whether to unionize. Controversy over unionization at the largely African-American plant in the

Published 19 Jul, 2017 12:00am

Britain unveils Jane Austen bank note on anniversary

Britain unveils Jane Austen bank note on anniversary

The Bank of England on Tuesday unveiled a new bank note featuring Jane Austen to coincide with the author's death 200 years ago after a campaign to include more women on Britain's currency. The new note worth ten pounds ($13, 11.3 euros) and made of polym

Published 19 Jul, 2017 12:00am

IMF ups 2017 growth forecast for Spain

IMF ups 2017 growth forecast for Spain

The International Monetary Fund on Tuesday raised its 2017 growth forecast for Spain, citing strong exports, a rebound in consumer demand and a booming tourism sector. The IMF now expects the eurozone's fourth largest economy to grow by 3.1 percent this y

Published 19 Jul, 2017 12:00am

US import prices fall, but underlying inflation stabilizing

US import prices fall, but underlying inflation stabilizing

US import prices fell for a second straight month in June amid further declines in the cost of petroleum products, suggesting inflation could remain benign in the near term. Import price pressures are, however, likely to pick up given the recent weakness

Published 19 Jul, 2017 12:00am

British inflation slows to 2.6 percent

British inflation slows to 2.6 percent

Britain's annual inflation rate surprisingly slowed to 2.6 percent in June, mainly owing to a drop in motel fuel prices, official data showed Tuesday. The Consumer Prices Index had hit 2.9 percent in May, close to a four-year high, as a Brexit-hit pound r

Published 19 Jul, 2017 12:00am

German growth outlook positive despite sentiment dip: ZEW

German growth outlook positive despite sentiment dip: ZEW

The growth outlook for the German economy remains positive, the ZEW institute said on Tuesday despite a fall in investor morale for the second consecutive month in July which economists attributed to a stronger euro. Europe's biggest economy is set for so

Published 19 Jul, 2017 12:00am

Bank of America profit rises as consumer bank hits profit 'milestone'

Bank of America profit rises as consumer bank hits profit 'milestone'

Bank of America Corp reported a higher-than-expected quarterly profit on strength in its consumer bank and cost cuts that are beginning to bear fruit after years of branch closures, staff cuts and efforts to reduce technology and paper-related expenses. C

Published 19 Jul, 2017 12:00am

Indonesia exports, imports contract in June; first in nine months

Indonesia exports, imports contract in June; first in nine months

Indonesia's exports and imports contracted in June on a yearly basis for the first time in nine months and officials from the statistics bureau blamed seasonal factors. Eid al-Fitr holidays and restrictions for trucks on toll roads were the reasons for th

Published 19 Jul, 2017 12:00am

Argentina's Macri boosts mortgage credits to win back middle class

Argentina's Macri boosts mortgage credits to win back middle class

Argentina's new subsidized mortgage scheme is gathering steam, boosting construction activity and winning over the middle class ahead of mid-term elections in October that will determine the future of President Mauricio Macri's market-friendly agenda. Arg

Published 19 Jul, 2017 12:00am

Colombia's fiscal outlook puts investment, credit rating at risk

Colombia's fiscal outlook puts investment, credit rating at risk

Colombia, which narrowly avoided getting its credit rating cut last year, is again at risk of a downgrade as it struggles to meet fiscal targets and investors tire of overly optimistic forecasts by the government of President Juan Manuel Santos. Most econ

Published 19 Jul, 2017 12:00am

Colombia's fiscal outlook puts investment, credit rating at risk

Colombia's fiscal outlook puts investment, credit rating at risk

Colombia, which narrowly avoided getting its credit rating cut last year, is again at risk of a downgrade as it struggles to meet fiscal targets and investors tire of overly optimistic forecasts by the government of President Juan Manuel Santos. Most econ

Published 19 Jul, 2017 12:00am

Japan to set aside $36 billions for education, growth steps in fiscal year 2018 budget

Japan to set aside $36 billions for education, growth steps in fiscal year 2018 budget

Japan will set aside roughly 4 trillion yen ($35.6 billion) in the next fiscal year's state budget for measures that focus on education as part of Prime Minister Shinzo Abe's strategy to spur growth, government sources told Reuters on Tuesday. While setti

Published 19 Jul, 2017 12:00am

Sri Lanka's inflation still high, more policy tightening 'desirable': IMF

Exchange

Sri Lanka's inflation still high, more policy tightening 'desirable': IMF

The International Monetary Fund said on Tuesday that further monetary policy tightening in Sri Lanka "is desirable" until there are clear signs that inflationary pressures are subsiding, and called for more measures to curb strong credit growth. In a stat

Published 19 Jul, 2017 12:00am

UniCredit closes $20 billions bad loan sale with Fortress, Pimco

UniCredit closes $20 billions bad loan sale with Fortress, Pimco

Italian bank UniCredit has signed a final agreement with US funds Fortress and Pimco on the sale of bad loans worth 17.7 billion euros ($20 billion) in Italy's biggest such deal so far. UniCredit has led clean-up efforts among Italian banks which have bee

Published 19 Jul, 2017 12:00am

France eyes post-Brexit deal to keep fishing UK waters

France eyes post-Brexit deal to keep fishing UK waters

European countries affected by the end of a deal allowing them to fish close to Britain's coastline need an accord to allow them access after Brexit, France said on Monday. Britain is to withdraw from a 50-year-old agreement allowing vessels from five Eur

Published 19 Jul, 2017 12:00am

Canada home resales drop again as rates rise

Canada home resales drop again as rates rise

The resale of Canadian homes fell 6.7 percent in June from May, the largest monthly drop since 2010 and the third straight monthly decline as sales in Toronto plunged, the Canadian Real Estate Association said on Monday. The industry group said actual sal

Published 19 Jul, 2017 12:00am

Singapore dodges recession as Q2 GDP gets tech boost, Fed risks eyed

Exchange

Singapore dodges recession as Q2 GDP gets tech boost, Fed risks eyed

Singapore's economy grew in the second quarter, dodging a recession thanks to solid global demand for its tech products, though some analysts caution that rising rates in the United States could lift local borrowing costs in a blow to household spending.

Published 19 Jul, 2017 12:00am

US FOB Gulf corn bids offers mostly flat

US FOB Gulf corn bids offers mostly flat

Export premiums for corn shipped from the US Gulf Coast were mostly flat on Monday, capped by light demand as South American new-crop supplies are increasing competition in the global market, traders said. Brazilian corn exports are up sharply in the firs

Published 19 Jul, 2017 12:00am

Cotton prices firm on modest trade

Cotton

Cotton prices firm on modest trade

Rates maintained firm trend on the cotton market on Tuesday in the process of modest trade, dealers said. The official spot rate sustained overnight level at Rs 6200, they said. In the ready session around 1200 bales of cotton changed hands between Rs 630

Published 19 Jul, 2017 12:00am

Activities at Karachi and Qasim ports

Activities at Karachi and Qasim ports

The Karachi Port handled 125,446 tonnes of cargo comprising 98,062 tonnes of import cargo and 27,384 tonnes of export cargo including 7,066 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday. The total import cargo of 98,

Published 19 Jul, 2017 12:00am

Russian wheat prices rise on stronger rouble

Russian wheat prices rise on stronger rouble

Russian wheat export prices gained for a ninth straight week, supported by the rouble strengthening against the dollar, while rains delayed the harvesting campaign, analysts said on Monday. Black Sea prices for Russian wheat with 12.5 percent protein cont

Published 19 Jul, 2017 12:00am

Brazilian corn exports up sharply

Brazilian corn exports up sharply

Brazilian corn exports rose sharply in the first two weeks of July as key producing states like Mato Grosso continued harvesting their second planting of the crop, according to government trade data released on Monday. The country exported some 820,000 to

Published 19 Jul, 2017 12:00am

EU wheat prices fall on strong euro

EU wheat prices fall on strong euro

European wheat prices fell on Monday in the wake of US markets and pressured by a penalising rate of the euro against the dollar just as harvests are gathering pace in France and hefty crops are expected in the Black Sea region. December milling wheat on

Published 19 Jul, 2017 12:00am

CBOT soyabean futures fall

CBOT soyabean futures fall

Chicago Board of Trade soyabean futures fell slightly on Monday on chart-based selling and on pressure from declines in corn and wheat prices, traders said. Corn edged lower on outlooks for US rains later this week. Much of the US corn crop pollinates in

Published 19 Jul, 2017 12:00am

US Plains HRW wheat bids down

US Plains HRW wheat bids down

Spot cash basis bids for hard red winter (HRW) wheat at the US Gulf declined and protein premiums maintained their downward spiral on Monday amid increased supplies of new-crop grain, said merchants. Higher protein milling wheat premiums have come down, p

Published 19 Jul, 2017 12:00am

PMEX daily trading report

Exchange

PMEX daily trading report

On Monday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 2,880. The total traded value of Metals, Energy and COTS/FX was recorded at PKR 3.309 billion and the number of lots traded was 11,978.

Published 19 Jul, 2017 12:00am

Aaj TV - Wednesday's schedule

Aaj TV - Wednesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 19 Jul, 2017 12:00am

New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 19 Jul, 2017 12:00am

New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 19 Jul, 2017 12:00am

State Bank of Pakistan conversion rates

Exchange

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d

Published 19 Jul, 2017 12:00am

Barclays bid rates and maximum rates for payment of interest

Exchange

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi

Published 19 Jul, 2017 12:00am

Exchange rates: buying and selling

Exchange

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (July 18, 2017).

Published 19 Jul, 2017 12:00am

Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Tuesday (July 18, 2017).

Published 19 Jul, 2017 12:00am

Currency notes: exchange rates

Exchange

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Tuesday (July 18, 2017).

Published 19 Jul, 2017 12:00am

LIBOR calculating interest on US dollar

Libor

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Tuesday (July 18, 2017).

Published 19 Jul, 2017 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Tuesday (July 18, 2017).

Published 19 Jul, 2017 12:00am

Interest rates on new foreign currency deposits

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 Tuesday (July 18, 2017).

Published 19 Jul, 2017 12:00am

Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Tuesday (July 18, 2017).

Published 19 Jul, 2017 12:00am

Banks' rates for currency notes (buying and selling)

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 Tuesday (July 18, 2017).

Published 19 Jul, 2017 12:00am

Money Market Report

Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (July 18, 2017).

Published 19 Jul, 2017 12:00am

Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (July 18, 2017).

Published 19 Jul, 2017 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Tuesday (July 18, 2017).

Published 19 Jul, 2017 12:00am

Currency values in terms of Special Drawing Rights

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 19 Jul, 2017 12:00am

JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (July 18, 2017).

Published 19 Jul, 2017 12:00am

JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (July 18, 2017).

Published 19 Jul, 2017 12:00am

JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (July 18, 2017).

Published 19 Jul, 2017 12:00am

JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Tuesday (July 18, 2017).

Published 19 Jul, 2017 12:00am

JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Tuesday (July 18, 2017).

Published 19 Jul, 2017 12:00am

JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Tuesday (July 18, 2017).

Published 19 Jul, 2017 12:00am

JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (July 18, 2017).

Published 19 Jul, 2017 12:00am

JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (July 18, 2017).

Published 19 Jul, 2017 12:00am

JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (July 18, 2017).

Published 19 Jul, 2017 12:00am

Qatar crisis: Nawaz backs Kuwaiti-led efforts

Qatar crisis: Nawaz backs Kuwaiti-led efforts

Prime Minister Nawaz Sharif on Tuesday backed the efforts for mediation by Kuwaiti Emir between Qatar and other Saudi-led Gulf Cooperation Council (GCC) countries and urged a diplomatic solution to the conflict. In a meeting with Foreign Minister of the S

Published 19 Jul, 2017 12:00am

JLI YAQEEN GROWTH FUND RATES

JLI YAQEEN GROWTH FUND RATES

JLI Yaqeen Growth Fund Rates on Tuesday (July 18, 2017).

Published 19 Jul, 2017 12:00am

Qatar crisis: Nawaz backs Kuwaiti-led efforts

Qatar crisis: Nawaz backs Kuwaiti-led efforts

Prime Minister Nawaz Sharif on Tuesday backed the efforts for mediation by Kuwaiti Emir between Qatar and other Saudi-led Gulf Cooperation Council (GCC) countries and urged a diplomatic solution to the conflict. In a meeting with Foreign Minister of the S

Published 19 Jul, 2017 12:00am

JLI YAQEEN GROWTH FUND RATES

JLI YAQEEN GROWTH FUND RATES

JLI Yaqeen Growth Fund Rates on Tuesday (July 18, 2017).

Published 19 Jul, 2017 12:00am

Commerce ministry criticised for 'failure' on all fronts

Commerce ministry criticised for 'failure' on all fronts

National Assembly Standing Committee on Commerce grilled Commerce Ministry on Tuesday for purported failure on all fronts from exports to trade pacts with other countries. This was the crux of the meeting presided over by Siraj Muhammad Khan and attended

Published 19 Jul, 2017 12:00am

JLI YAQEEN GROWTH FUND RATES

JLI YAQEEN GROWTH FUND RATES

JLI Yaqeen Growth Fund Rates on Tuesday (July 18, 2017).

Published 19 Jul, 2017 12:00am

Commerce ministry criticised for 'failure' on all fronts

Commerce ministry criticised for 'failure' on all fronts

National Assembly Standing Committee on Commerce grilled Commerce Ministry on Tuesday for purported failure on all fronts from exports to trade pacts with other countries. This was the crux of the meeting presided over by Siraj Muhammad Khan and attended

Published 19 Jul, 2017 12:00am

JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Tuesday (July 18, 2017).

Published 19 Jul, 2017 12:00am

Commerce ministry criticised for ''failure'' on all fronts

Commerce ministry criticised for ''failure'' on all fronts

National Assembly Standing Committee on Commerce grilled Commerce Ministry on Tuesday for purported failure on all fronts from exports to trade pacts with other countries. This was the crux of the meeting presided over by Siraj Muhammad Khan and attended

Published 19 Jul, 2017 12:00am

JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Tuesday (July 18, 2017).

Published 19 Jul, 2017 12:00am

Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (July 18, 2017)

Published 19 Jul, 2017 12:00am

Revised Rates of Debt Securities

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Tuesday (July 18, 2017).

Published 19 Jul, 2017 12:00am

Fairly expeditious disposal in sight: SC to examine JIT evidence rather than recommendations

Fairly expeditious disposal in sight: SC to examine JIT evidence rather than recommendations

A decision on whether the Prime Minister is disqualified or a reference is sent to the National Accountability Bureau (NAB) for a trial by an accountability court will be taken by the special implementation bench of the Supreme Court after it examines the

Published 19 Jul, 2017 12:00am

THE RUPEE: falling trend

THE RUPEE: falling trend

Declining trend persisted on the money market on Tuesday as the rupee continued its slide against the dollar in the process of trading, dealers said. The rupee continued its decline versus the dollar, shedding more 10 paisas for buying and selling at Rs 1

Published 19 Jul, 2017 12:00am

Government for intense scrutiny of documents

Exchange

Government for intense scrutiny of documents

State Minister for Information and Broad-casting Marriyum Aurangzeb said on Tuesday that deliberate attempts have been made to form bogus cases against Prime Minister Nawaz Sharif. Addressing the media persons following the hearing of Panama Papers case b

Published 19 Jul, 2017 12:00am

THE RUPEE: falling trend

THE RUPEE: falling trend

Declining trend persisted on the money market on Tuesday as the rupee continued its slide against the dollar in the process of trading, dealers said. The rupee continued its decline versus the dollar, shedding more 10 paisas for buying and selling at Rs 1

Published 19 Jul, 2017 12:00am

Government for intense scrutiny of documents

Exchange

Government for intense scrutiny of documents

State Minister for Information and Broad-casting Marriyum Aurangzeb said on Tuesday that deliberate attempts have been made to form bogus cases against Prime Minister Nawaz Sharif. Addressing the media persons following the hearing of Panama Papers case b

Published 19 Jul, 2017 12:00am

Kerb buying and selling rate of US dollar

Kerb

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Tuesday (July 18, 2017).

Published 19 Jul, 2017 12:00am

PTI 'forecasts' 14-year imprisonment

PTI 'forecasts' 14-year imprisonment

All members of the Sharif family, including Prime Minister Nawaz Sharif, are directly moving towards a 14-year imprisonment. Spokesperson Pakistan Tehreek-e-Insaf (PTI), Fawad Chaudhary said this on Tuesday while talking to media persons outside the Supre

Published 19 Jul, 2017 12:00am

Dollar's rate in interbank market

Dollar's rate in interbank market

Interbank closing rates for dollar on Tuesday (July 18, 2017).

Published 19 Jul, 2017 12:00am

PTI 'forecasts' 14-year imprisonment

PTI 'forecasts' 14-year imprisonment

All members of the Sharif family, including Prime Minister Nawaz Sharif, are directly moving towards a 14-year imprisonment. Spokesperson Pakistan Tehreek-e-Insaf (PTI), Fawad Chaudhary said this on Tuesday while talking to media persons outside the Supre

Published 19 Jul, 2017 12:00am

Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (July 18, 2017).

Published 19 Jul, 2017 12:00am

PPP, too, steps up pressure on PM

PPP, too, steps up pressure on PM

Qamar Zaman Kaira, a senior leader of Pakistan People's Party (PPP) and former information minister, on Tuesday said that Prime Minister Nawaz Sharif and his family will not be able to face anyone if video recordings of the joint investigation team (JIT)

Published 19 Jul, 2017 12:00am

Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (July 18, 2017).

Published 19 Jul, 2017 12:00am

PPP, too, steps up pressure on PM

PPP, too, steps up pressure on PM

Qamar Zaman Kaira, a senior leader of Pakistan People's Party (PPP) and former information minister, on Tuesday said that Prime Minister Nawaz Sharif and his family will not be able to face anyone if video recordings of the joint investigation team (JIT)

Published 19 Jul, 2017 12:00am

Pakistan Mercantile Exchange - PMEX

Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (July 18, 2017).

Published 19 Jul, 2017 12:00am

Two civilians martyred in Indian shelling

Exchange

Two civilians martyred in Indian shelling

Two freedom fighters and an Indian soldier were killed Tuesday along LoC, where the two sides traded fire for a second day. Army spokesman Colonel Rajesh Kalia said Indian soldiers exchanged fire with unknown combatants as they tried to cross the Line of

Published 19 Jul, 2017 12:00am

Lahore Paper Market Rates

Lahore Paper Market Rates

Paper market rates in rupees on Tuesday (July 18, 2017).

Published 19 Jul, 2017 12:00am

Two civilians martyred in Indian shelling

Exchange

Two civilians martyred in Indian shelling

Two freedom fighters and an Indian soldier were killed Tuesday along LoC, where the two sides traded fire for a second day. Army spokesman Colonel Rajesh Kalia said Indian soldiers exchanged fire with unknown combatants as they tried to cross the Line of

Published 19 Jul, 2017 12:00am

Six killed as building collapses in Karachi

Six killed as building collapses in Karachi

At least Six people died when a building collapsed in Liaquatabad area on early Tuesday morning. According to an official, most of the residents in the apartment building were sleeping when it collapsed. Area people said that the building's structure was

Published 19 Jul, 2017 12:00am

The Weather

The Weather

The weather report on Tuesday (July 18, 2017) and the forecast for Wednesday (July 19, 2017).

Published 19 Jul, 2017 12:00am

LHC lifts Pemra ban on airing Indian dramas

LHC lifts Pemra ban on airing Indian dramas

Lahore High Court Chief Justice Syed Mansoor Ali Shah on Tuesday struck down a notification of Pakistan Electronic Media Regulatory Authority (Pemra) regarding ban on broadcasting of Indian dramas by private channels having valid license. M/S Leo Communic

Published 19 Jul, 2017 12:00am

LHC lifts Pemra ban on airing Indian dramas

LHC lifts Pemra ban on airing Indian dramas

Lahore High Court Chief Justice Syed Mansoor Ali Shah on Tuesday struck down a notification of Pakistan Electronic Media Regulatory Authority (Pemra) regarding ban on broadcasting of Indian dramas by private channels having valid license. M/S Leo Communic

Published 19 Jul, 2017 12:00am

Six killed as building collapses in Karachi

Six killed as building collapses in Karachi

At least Six people died when a building collapsed in Liaquatabad area on early Tuesday morning. According to an official, most of the residents in the apartment building were sleeping when it collapsed. Area people said that the building's structure was

Published 19 Jul, 2017 12:00am

NA Speaker rejects disqualification references

NA Speaker rejects disqualification references

Speaker National Assembly Sardar Ayaz Sadiq Tuesday rejected the disqualification references against Prime Minister Nawaz Sharif, Federal Ministers Ahsan Iqbal and Khawaja Saad Rafiq, and State Ministers Chaudhry Abid Sher Ali and Marriyum Aurangzeb, it i

Published 19 Jul, 2017 12:00am

SCBA calls for countrywide strike today

SCBA calls for countrywide strike today

The Supreme Court Bar Association (SCBA) has called for strike today (Wednesday) in the wake of Panama Papers case hearing and JIT report demanding resignations of Prime Minister Nawaz Sharif, Chief Minister Punjab Shahbaz Sharif and federal Finance Minis

Published 19 Jul, 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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Diplomatic setback for India at UNSC as Pakistan, China block pro-India statement on Pahalgam attack

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Trump-backed DeFi platform inks deal with Pakistan Crypto Council to boost blockchain innovation

Trump-backed DeFi platform inks deal with Pakistan Crypto Council to boost blockchain innovation

Peak-hour power tariff: APTMA urges govt to share constraint details

Peak-hour power tariff: APTMA urges govt to share constraint details

Applicable from Apr 21st: SECP unveils new documents’ fee structure

Applicable from Apr 21st: SECP unveils new documents’ fee structure

Gwadar Port: SRO issued to allow potassium sulphate export

Gwadar Port: SRO issued to allow potassium sulphate export

SBP injects massive Rs11.85 trillion into banking system for up to 14 days

SBP injects massive Rs11.85 trillion into banking system for up to 14 days

Saudi Arabia reports record non-oil exports of $137bn in 2024

Saudi Arabia reports record non-oil exports of $137bn in 2024

Pakistan requests extra 10bn yuan on China swap line, says finance minister

Pakistan requests extra 10bn yuan on China swap line, says finance minister

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