News Archives for Print - 2017-09-05

French oil giant Total said Monday it has agreed to sell its remaining stake in a Norwegian oil field to Kuwait so that it can focus on its recent acquisition of Denmark's Maersk Oil.

Published 05 Sep, 2017 12:00am

Eurozone investor morale improves unexpectedly in September

Investor sentiment in the eurozone improved unexpectedly in September as concerns about the potential impact of a widening car emissions scandal in Germany and the development of the US economy faded into the background, a survey showed on Monday. The Fra

Published 05 Sep, 2017 12:00am

Slow Greek recovery brings no relief to struggling workforce

Markos Markakis is 28 and works up to 13 hours a day. It took him seven attempts to find his current job, and in Greece's precarious job environment, he counts himself lucky. "I'm happy to have a job, but outside the office, I have no life," he said. Two

Published 05 Sep, 2017 12:00am

Sharp differences over labour surface at NAFTA talks in Mexico

Tensions over sharp differences in pay between Mexican workers and their Canadian and US counterparts surfaced on Sunday as negotiators discussed labour market rules in talks to overhaul the North American Free Trade Agreement. Canada's biggest private-se

Published 05 Sep, 2017 12:00am

Sri Lanka debt crunch to be met by tight spending

Higher debt repayments next year will reduce Sri Lanka government's ability to increase economic growth, the government said on Monday as it unveiled an eight-year economic policy plan. It pledged to implement fiscal reforms to achieve medium to long-term

Published 05 Sep, 2017 12:00am

Foreign banks face new EU set-up to allow more scrutiny

Nineteen foreign banks in the European Union will need to set up new holding companies so that regulators can scrutinise them more closely, an EU discussion paper says, mirroring steps taken by the United States. The European Commission proposed last Nove

Published 05 Sep, 2017 12:00am

Novartis names drugs chief as CEO

Novartis CEO Joe Jimenez will step down on February 1 and hand over to drug development chief Vas Narasimhan to decide the fate of $50 billion in assets and make good on a pledge to return the Swiss company to sales growth.

Published 05 Sep, 2017 12:00am

McDonald's staff stage first ever UK strike

McDonald's workers staged the first ever strike in Britain on Monday in protest at pay and working conditions at the US fast-food giant. About 40 workers gathered outside two restaurants in Crayford, southeast London, and in Cambridge before attending a p

Published 05 Sep, 2017 12:00am

UK construction growth slides to one-year low

Growth in Britain's construction firms fell unexpectedly to a one-year low in August, hit by an investment slump in the commercial sector as Brexit uncertainty weighed on the economy, a survey showed on Monday. Countering more upbeat news about the econom

Published 05 Sep, 2017 12:00am

Volkswagen, local partners recall 1.82 million vehicles in China

German car giant Volkswagen and its two Chinese joint-ventures will recall 1.82 million vehicles in China, the country's top consumer watchdog said Monday, in a new setback for the scandal-hit company. The firm along with SAIC Volkswagen and FAW-Volkswage

Published 05 Sep, 2017 12:00am

Corporate Australia raises wages in Q2, but inventories a drag

Australian companies doled out the biggest increase in wages and salaries in two years last quarter in a promising boost to consumer spending power, though a rundown in inventories likely dragged on overall economic growth. Monday's data from the Australi

Published 05 Sep, 2017 12:00am

UAE markets mostly quiet as Dana Gas soars on Iraqi Kurdistan deal

Stock markets in the United Arab Emirates were mostly quiet on Monday as they resumed trading after a long holiday weekend for Eid ul-Azha, but Abu Dhabi-listed Dana Gas soared after it agreed on overdue payments from Iraqi Kurdistan's government. Dana ju

Published 05 Sep, 2017 12:00am

Most Southeast Asian stocks fall; Philippines up

Most Southeast Asian stock markets fell on Monday, with Singapore posting its lowest close in nearly two months, as North Korea's latest nuclear test and reports from Seoul that Pyongyang was making preparations for another missile launch put investors on

Published 05 Sep, 2017 12:00am

Tokyo stocks fall as NK nuke test jolts markets

Tokyo stocks fell Monday as North Korea's detonation of what it claimed was a miniaturised hydrogen bomb spooked investors, sending regional tensions soaring. The test comes less than a week after North Korea fired a rocket over Japan, with Washington on

Published 05 Sep, 2017 12:00am

FTSE falters as geopolitical jitters hit banks

Britain's top share index slipped on Monday to snap a three-day winning streak as rising geopolitical tensions took their toll, hitting risky assets such as banks, but fears that it would trigger a broader sell-off proved to be unfounded. Britain's blue c

Published 05 Sep, 2017 12:00am

Sharjah plans to issue yuan bond

The government of the emirate of Sharjah plans to issue a yuan-denominated bond in China, which could make it the first Middle East issuer in the Chinese interbank bond market, sources familiar with the matter told Reuters. Sharjah, one of the seven membe

Published 05 Sep, 2017 12:00am

Sharjah plans to issue yuan bond

Published 05 Sep, 2017 12:00am

Australian, New Zealand shares end lower

Australian shares finished lower on Monday after North Korea carried out its sixth and most powerful nuclear test on Sunday, spooking investors. The losses were led by financials, pulling the S&P/ASX 200 index down 0.4 percent, or 22.59 points, to 5702 at

Published 05 Sep, 2017 12:00am

US markets closed

Stocks, financial and commodities markets in New York were closed on Monday due to Labour Day holiday. Markets resume normal trading on Tuesday.

Published 05 Sep, 2017 12:00am

ECB cuts German bond-buying to all-time low

The European Central Bank bought fewer German bonds in August than in any month since the start of its stimulus programme, data showed on Monday, suggesting it was holding back to avoid running out of debt to buy. The ECB has been buying fewer German and

Published 05 Sep, 2017 12:00am

ECB cuts German bond-buying to all-time low

Published 05 Sep, 2017 12:00am

North Korea nuclear test bolsters safe-haven German debt

Germany's short-dated government bond yields dipped to their lowest levels in over four months on Monday after the sixth and most powerful North Korean nuclear test a day earlier lifted demand for safe-haven assets. South Korea said on Monday it was talki

Published 05 Sep, 2017 12:00am

North Korea nuclear test bolsters safe-haven German debt

Published 05 Sep, 2017 12:00am

Hong Kong stocks fall

Hong Kong stocks followed regional markets lower on Monday, after North Korea's latest nuclear test heightened geopolitical tensions. North Korea on Sunday conducted its sixth and most powerful nuclear test, which it said was of an advanced hydrogen bomb

Published 05 Sep, 2017 12:00am

China stocks end at fresh 20-month high

China's major indexes ended at fresh 20-month highs on Monday despite heightened geopolitical tensions, as investors downplayed the longer-term impact on stocks from North Korea's latest nuclear test. The blue-chip CSI300 index rose 0.4 percent, to 3,845.

Published 05 Sep, 2017 12:00am

Exchange

Sri Lankan shares near two-week low

Sri Lankan shares fell to a near two-week low on Monday as investors sold diversified and telecom shares in lacklustre trade ahead of a holiday, while the daily turnover got a boost from block trades. The Colombo stock index resumed trade after a holiday

Published 05 Sep, 2017 12:00am

Indian shares fall

Indian shares fell on Monday in line with Asian markets, heading for their first session of fall in four, as North Korea's latest nuclear test prompted investors to seek refuge in safe havens such as gold. North Korea on Sunday conducted its sixth and mos

Published 05 Sep, 2017 12:00am

European shares slip on worries over North Korea nuclear test

News of North Korea's latest nuclear test hit European shares on Monday but failed to trigger a massive sell-off as investors seem to get used geopolitical tensions. The pan-European STOXX 600 index and euro zone blue chips both fell 0.5 percent and all m

Published 05 Sep, 2017 12:00am

Bangladesh's inter-bank forex rates

Inter-bank buy/sell rates for the taka against the dollar on Monday. 80.70-80.70 (previous 80.70-80.70).

Published 05 Sep, 2017 12:00am

Sri Lankan rupee rises

The Sri Lankan rupee ended firmer on Monday as dollar selling by exporters and banks outpaced importer demand for the US currency, dealers said. The spot rupee ended at 152.45/55 per dollar, compared with Thursday's close of 152.70/75. "There was selling

Published 05 Sep, 2017 12:00am

Exchange

CEE currencies seen mostly firming, ECB and CPIs watched

Central Europe's growth and a probably kick-off in Czech monetary tightening could lift three of the region's five main currencies in the next 12 months, a Reuters poll showed on Thursday. In the poll of 40 analysts, conducted between June 28 and July 5,

Published 05 Sep, 2017 12:00am

Exchange

China's yuan advances on dollar to hit its strongest in 15-1/2 months

China's yuan advanced further against the dollar on Monday to the strongest level in 15-1/2 months, thanks to a beefed-up central bank fixing and heavier corporate dollar sales. The Chinese currency has strengthened against the greenback over the past few

Published 05 Sep, 2017 12:00am

Yen rises in Asia on risk aversion after North Korea's nuclear test

The yen edged higher against the dollar on Monday, as investors trimmed their exposure to riskier assets after North Korea conducted its most powerful nuclear test. The dollar fell to as low as 109.22 yen in early Asian trade. From there it gradually reco

Published 05 Sep, 2017 12:00am

Euro shines on broad dollar weakness in Europe

The euro clung to most of its recent gains on Monday while the dollar struggled against a broad swathe of currencies and its trade-weighted basket approached a 2-1/2 year low. It suffered from a rush to unwind currency bets following North Korea's latest

Published 05 Sep, 2017 12:00am

Exchange

Upsurge in Canadian dollar to soon peter out: strategists

The recent upsurge in Canada's dollar will fade in coming months on prospects the Bank of Canada sounds less hawkish on interest rate hikes and fails to keep pace with the US Federal Reserve, a Reuters poll found. The loonie will trade at C$1.260 in a mon

Published 05 Sep, 2017 12:00am

Exchange

Uzbekistan aligns official exchange rate with market

Uzbekistan's central bank aligned the local sum currency's official exchange rate with the market one on Monday, setting it at 8,100 sums per dollar, down from 4,210 sums per dollar previously. The regulator adjusted the exchange rate - previously kept ar

Published 05 Sep, 2017 12:00am

Asian forex: won slips to two-week low

Most Asian currencies were largely subdued on Monday, with the exception of the won, after North Korea conducted a hydrogen bomb test that raised tensions in the Korean peninsula. North Korea on Sunday conducted its sixth and most powerful nuclear test, w

Published 05 Sep, 2017 12:00am

LatAm currencies seesaw on North Korea jitters, US holiday

Latin American currencies seesawed on Thursday as a US holiday curbed trading volumes, while traders avoided risky bets due to escalating geopolitical tensions around North Korea. North Korea said it tested an advanced hydrogen bomb for a long-range missi

Published 05 Sep, 2017 12:00am

Aussie stumbles on risk aversion, kiwi stays low on political uncertainty

The Australian dollar slipped on Monday on risk aversion after North Korea launched another nuclear test, while the New Zealand dollar stayed near three-month lows ahead of a hotly-contested general election later this month. The Aussie stumbled to $0.796

Published 05 Sep, 2017 12:00am

Sterling slips against rallying euro as political risks weigh

Sterling lost more than half a percent against the euro on Monday, with the single currency up broadly as worries over North Korea drove a flight from riskier assets, and as domestic political uncertainty kept the battered pound under pressure. Data showi

Published 05 Sep, 2017 12:00am

Bangladesh reach 253-6 despite Lyon's five wickets

Australian off-spinner Nathan Lyon claimed five wickets but Bangladesh fought back to reach 253-6 at stumps on the opening day of the second Test. Lyon decimated Bangladesh's top order with four consecutive lbws before Sabbir Rahman and Mushfiqur Rahim pu

Published 05 Sep, 2017 12:00am

Kohli steers India to 5-0 whitewash over Sri Lanka

Virat Kohli hit his second century in a row as India thrashed Sri Lanka by six wickets in the fifth one-day international Sunday to inflict a humiliating 5-0 series defeat on the beleaguered hosts. Kohli smashed nine fours in his unbeaten 110-run knock to

Published 05 Sep, 2017 12:00am

Belgium seal World Cup place, France held by Luxembourg

Romelu Lukaku's goal allowed Belgium to become the first European nation to clinch qualification for the 2018 World Cup on Sunday as much-fancied France were held to an embarrassing goalless draw by Luxembourg. Manchester United striker Lukaku headed in a

Published 05 Sep, 2017 12:00am

Rossi claims Watkins Glen race

Alexander Rossi continued his late-season surge at the IndyCar Series' Watkins Glen International race on Sunday, winning his first race of the season to help tighten the season's championship points battle. Rossi just edged out runner-up Scott Dixon, of

Published 05 Sep, 2017 12:00am

French clubs smash transfer spending records

Clubs in the top two divisions in France spent a record 697 million euros ($830mn) in the close season, the French league (LFP) announced on Monday. The total expenditure was more than four times the amount spent by French professional teams 12 months ago

Published 05 Sep, 2017 12:00am

Pliskova races into quarters

World number one Karolina Pliskova of the Czech Republic advanced to the US Open quarter-finals on Monday by routing 91st-ranked American Jennifer Brady 6-1, 6-0 in just 46 minutes. Pliskova, last year's US Open runner-up, will next face either 37th-ranke

Published 05 Sep, 2017 12:00am

Sharapova ousted at US Open while Venus, Kvitova advance

Maria Sharapova's Grand Slam return after a 15-month doping ban ended Sunday with a fourth-round defeat at the US Open but the former world number one considered it a major step in her comeback. Latvian 16th seed Anastasija Sevastova rallied to eliminate

Published 05 Sep, 2017 12:00am

Sri Lanka to play first day-night Test with Pakistan

Sri Lanka will play its first day-and-night Test match later this month when they meet Pakistan for a two-match series in the United Arab Emirates, the cricket board said Monday. The Test series will start September 28 and is due to end on October 10 with

Published 05 Sep, 2017 12:00am

Exchange

Can bosses snoop on employees? European court to rule

Europe's top human rights court is set to rule Tuesday whether bosses have the right to spy on employees who use company messaging systems, in a landmark decision for privacy in the work place. In an initial decision in January last year, the European Cou

Published 05 Sep, 2017 12:00am

French FM vows to help resolve Libya crisis

French Foreign Minister Jean-Yves Le Drian held talks in Tripoli on Monday pledging his country's support for efforts to resolve Libya's political and security chaos. "This is a signal of the commitment of France, of President (Emmanuel) Macron's will, to

Published 05 Sep, 2017 12:00am

Prince William and Kate expecting third child

Prince William and his wife Kate are expecting their third child, Kensington Palace announced Monday, as she was forced to cancel a public event due to acute morning sickness. The 35-year-old is again suffering from hyperemesis gravidarum, a condition tha

Published 05 Sep, 2017 12:00am

Eight killed as lightning strikes goldmine in DR Congo

At least eight people have died after a bolt of lightning struck a small-scale goldmine in the Democratic Republic of Congo, an official said Monday. "Thirty people were struck, including seven who were killed instantly and an eighth who died of their inj

Published 05 Sep, 2017 12:00am

Angola election body rejects opposition complaints

Angola's election commission on Monday rejected accusations of irregularities in last month's vote which saw the MPLA party, which has ruled since 1975, retain power. Four defeated opposition parties complained that the August 23 election was conducted in

Published 05 Sep, 2017 12:00am

Russian court keeps top director under house arrest

A Russian court on Monday rejected acclaimed director Kirill Serebrennikov's appeal against his house arrest in a controversial fraud case that has sent shockwaves through the arts community. "The Moscow city court decided not to change the decision - he

Published 05 Sep, 2017 12:00am

Pacific leaders to turn up heat on climate change

Climate change will dominate discussions when the leaders of vulnerable Pacific nations hold their annual meeting in the Samoan capital Apia this week, with global warming threatening their existence, officials say. The 18-member Pacific Islands Forum (PI

Published 05 Sep, 2017 12:00am

UN accuses Burundi of crimes against humanity

UN investigators on Monday accused Burundi's government of crimes against humanity, including executions and torture, and urged the International Criminal Court to open a case "as soon as possible". The United Nations Commission of Inquiry on Burundi said

Published 05 Sep, 2017 12:00am

Post-modern master, US poet Ashbery dies

Pulitzer-prize winning poet John Ashbery, a post-modern American trailblazer, has died at age 90 in Hudson, New York, his family told US media Sunday. The experimental vanguardist was sometimes accused of writing poems that were at times less than accessi

Published 05 Sep, 2017 12:00am

Twelve hurt as Australia race car sprays flames into crowd

One person was in a critical condition Monday and 11 others were battling serious injuries after a car at a drag racing event in Australia sprayed burning fuel over the shocked crowd. The incident happened at the Red CentreNATS event in Alice Springs on S

Published 05 Sep, 2017 12:00am

Kenya to hold fresh presidential vote on October 17

Kenya will hold a fresh presidential vote on October 17, the election commission said Monday, after the country's Supreme Court overturned the result of last month's poll won by President Uhuru Kenyatta. "A fresh presidential election will be held on the

Published 05 Sep, 2017 12:00am

Brazil breaks up international cocaine ring

Brazilian police fanned out across five states and the capital early Monday to smash an international drugs trafficking ring that allegedly shipped six tons of cocaine to Europe in the last year alone. More than 800 officers deployed to serve 127 arrest w

Published 05 Sep, 2017 12:00am

BBC Burma pulls Myanmar TV deal over Rohingya 'censorship'

The BBC's Burmese language service on Monday said it was pulling a broadcasting deal with a popular Myanmar television channel citing "censorship" as the two partners clashed over coverage of the Muslim Rohingya minority. The announcement is the latest bl

Published 05 Sep, 2017 12:00am

Syria army nears regime enclave besieged by IS

Syria's army battled the Islamic State group on the edges of Deir Ezzor Monday, seeking to break the siege of a government enclave and oust the jihadists from a key stronghold. The jihadist group has already lost more than half of its nearby bastion of Ra

Published 05 Sep, 2017 12:00am

I don't want to 'teach lessons' over Brexit: EU's Barnier

The EU's chief Brexit negotiator said Monday he did not want to "teach lessons" to the British people, apparently seeking to calm a row over the talks on Britain's departure from the bloc. The BBC reported Michel Barnier saying at a conference in Italy on

Published 05 Sep, 2017 12:00am

Serbia charges five for wartime killing of Muslims

Serbian prosecutors said on Monday they had charged five people with torturing and killing 20 civilians, mostly Serbian Muslims, during the 1990s war in neighbouring Bosnia. A group of Serb paramilitaries on February 27, 1993, stopped a train in the villa

Published 05 Sep, 2017 12:00am

Macron's popularity slumps: poll

French President Emmanuel Macron has suffered a fresh slump in popularity, with just a 30 percent approval rating among voters, according to a new poll published Monday. Macron, who is overhauling his communications strategy after triggering criticism for

Published 05 Sep, 2017 12:00am

Opposition lawmaker from Venezuela seeks help in Europe

One of Venezuela's leading opposition figures, national assembly leader Julio Borges was in Europe Sunday ahead of meetings with European leaders for talks on Venezuela's deadly political crisis, he said. Borges was due to meet with the leaders of France,

Published 05 Sep, 2017 12:00am

Taiwan's unpopular premier resigns

Taiwan's Premier Lin Chuan resigned on Monday in a move aimed at reviving dwindling public support for the government of President Tsai Ing-wen. Tsai's office announced in a statement that Lin offered his resignation on Sunday, saying that he had "accompl

Published 05 Sep, 2017 12:00am

Exchange

Shanghai Futures Exchange cuts nickel, tin transaction fees

The Shanghai Futures Exchange (ShFE) said on Monday it would cut transaction fees on some nickel and tin futures contracts to just 1 yuan ($0.1533) per lot from September 7. The transaction fee on all nickel futures contracts except those with delivery in

Published 05 Sep, 2017 12:00am

Exchange

Shanghai copper soars

Shanghai Futures Exchange copper rose as much as 0.8 percent to 53,150 yuan ($8,131) a tonne on Monday as investment flowed into industrial metals amid surprisingly robust global factory growth. Factories across Asia and Europe cranked up production last

Published 05 Sep, 2017 12:00am

Exchange

Copper hits three-year high on solid China outlook

Copper prices hit their highest level in three years and nickel touched a two-year peak on Monday as signs of strong Chinese economic growth boosted the outlook for demand. Industrial metals mostly rose, despite a nuclear test by North Korea that pushed d

Published 05 Sep, 2017 12:00am

US crude edges higher, gasoline tumbles after Harvey

US crude oil prices edged higher on Monday while gasoline prices slumped to pre-Hurricane Harvey levels, as oil refineries and pipelines in the US Gulf Coast slowly resumed activity, easing supply concerns. US West Texas Intermediate (WTI) crude futures w

Published 05 Sep, 2017 12:00am

Exchange

Tokyo rubber hits over three-month high

Benchmark Tokyo rubber futures jumped more than four percent on Monday, reaching their highest in more than three months, as Shanghai futures hit above the key 17,000-yuan mark, prompting fresh buys in Tokyo. The Tokyo Commodity Exchange (TOCOM) rubber co

Published 05 Sep, 2017 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

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

Published 05 Sep, 2017 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

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

Published 05 Sep, 2017 12:00am

Vegetable Oil

Indonesia palm oil output, exports likely up in July: survey

Indonesia's crude palm oil output likely rose in July, a Reuters survey showed, as production started to increase in line with the typical rise that occurs at this point in the annual crop cycle. Crude palm oil (CPO) production in Indonesia, the world's t

Published 05 Sep, 2017 12:00am

Exchange

Robusta coffee prices drop; white sugar steadies

Robusta coffee futures on ICE fell on Monday to their lowest level in almost 2-1/2 months, pressured by speculative selling, while white sugar recovered some ground after a sharp fall in the previous session. New York soft commodities markets were shut du

Published 05 Sep, 2017 12:00am

Gold climbs in Asia

Gold prices climbed 1 percent to their highest in almost a year on Monday after North Korea's latest and most powerful nuclear test drove investors towards safe-haven assets. Spot gold had risen just over 1 percent to $1,338.36 per ounce by 0708 GMT, afte

Published 05 Sep, 2017 12:00am

Gold hits highest price in nearly a year in Europe

Gold prices shot up on Monday to their highest levels in close to a year as investors bought safe-haven assets on worries that North Korea might launch more missiles after its sixth and largest nuclear test. A weaker dollar also underpinned gold, which is

Published 05 Sep, 2017 12:00am

Canadian canola stocks seen dwindling to four-year low

Canadian canola stocks were the tightest in four years before the country's harvest began, while wheat supplies topped those of last year, according to a Reuters survey ahead of a government crop report. Reuters surveyed 17 traders and analysts ahead of S

Published 05 Sep, 2017 12:00am

ICCO trims global cocoa surplus to 371,000 tonnes

The International Cocoa Organization (ICCO) on Thursday trimmed its forecast for the global cocoa surplus in the 2016/17 season, reflecting stronger-than-expected growth in grindings. The inter-governmental body put the surplus at 371,000 tonnes, down fro

Published 05 Sep, 2017 12:00am

Fear and sweating in country's hottest cities

After hours toiling at construction sites in 50 degree-plus heat, Lakhmir Brahmani finds little relief from the sun other than a donkey-powered fan during the dog days of summer in one of country's hottest cities.

Published 05 Sep, 2017 12:00am

Indian Deputy HC summoned

Director General (SA & SAARC) Dr Mohammad Faisal summoned Indian Deputy High Commissioner JP Singh and condemned the unprovoked ceasefire violations by the Indian occupation forces in Chirikot Sector (Kakuta, Nullah and Polas villages) on 02 September, re

Published 05 Sep, 2017 12:00am

PNSC distributes food among rain victims

Pakistan National Shipping Corporation (PNSC) helped the rain affected people in different parts of Karachi. According to details, PNSC distributed foods among the rain-affected people. Chairman Arif Ilahi and Executive Director Brigadier Rashid Siddiqui

Published 05 Sep, 2017 12:00am

'PITB's Plan9 attracted $3.8 million investment, generates $3.6 million in revenues'

During the past five years Punjab Information Technology Board (PITB)'s project Plan9 incubated160 startups, created 800 jobs, attracted $3.8 million investment and generated $3.6 million in revenues.

Updated 06 Sep, 2017 02:26pm

Exchange

Jubilee General Insurance Company Limited

Jubilee General Insurance Company Limited (JGICL) was established in 1953. It is the third largest general insurance company in Pakistan's private sector. It has an operational history of more than 60 years.

Published 05 Sep, 2017 12:00am

Exchange

Jubilee General Insurance Company Limited

Published 05 Sep, 2017 12:00am

Shahbaz leaving for London today

Punjab Chief Minister Mohammad Shahbaz Sharif is proceeding for London today to enquire about the health of Begum Kusloom Nawaz, who is undergoing cancer treatment there. During his three-day visit, Shahbaz apart from inquiring about the health of Kulsoom

Published 05 Sep, 2017 12:00am

FWMC lifts 18,500 tons waste of sacrificial animals

Faisalabad Waste Management Company (FWMC) lifted more than 18,500 ton waste of sacrificial animals during the three days of Eid-ul-Azha from the 157 Union Councils of the city and disposed off it at the dumping site 18 KM away from city at Jaranwala road

Published 05 Sep, 2017 12:00am

Families throng parks on Eid holidays

The major recreational spots of the city received an 'overwhelmed crowd' of people, especially women and children, during three days of Eid holidays. A large number of people visited the Lahore Zoological Garden, Greater Iqbal Park, Jallo Park, Bagh-e-Jin

Published 05 Sep, 2017 12:00am

Eid-ul-Azha celebrated with religious fervour

Eid-ul-Azha commemorating the supreme sacrifice of Prophet Hazrat Ibrahim (AS), who agreed to sacrifice his son Prophet Ismail (AS) upon Allah's command, was celebrated with religious fervor and enthusiasm. The day dawned with special prayers in mosques f

Published 05 Sep, 2017 12:00am

PAG advises paddy growers

The Punjab Agriculture Department has advised the paddy growers to pay special attention to their crop which, according to the department, is at a very critical stage.

Published 05 Sep, 2017 12:00am

Orange leaks will oust Shahbaz: Pervez Elahi

Pakistan Muslim League-Q senior central leader and former deputy prime minister Chaudhry Pervez Elahi has said that Panama Leaks had shunted out big brother Nawaz Sharif whereas in the Orange leaks younger brother Shahbaz Sharif will also be ousted. He ex

Published 05 Sep, 2017 12:00am

PPP demands deployment of army in NA-120

The Pakistan People's Party candidate for NA-120, Faisal Mir, has demanded immediate deployment of army in the constituency to avoid bloodshed. "I have requested the Election Commission to do the needful," he said, and added that a delayed action may lead

Published 05 Sep, 2017 12:00am

EPD Punjab to hire international experts for conducting study on Hudiara Drain

The Environment Protection Department (EPD) of Punjab is hiring international experts to carry out a study on the Hudiara Drain and frame a proposal for treatment of water in the drain which will suggest most feasible treatment options. nHudiara Drain car

Published 05 Sep, 2017 12:00am

PRGMEA for revision of textile policy: Ijaz

Central Chairman of Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Ijaz A Khokhar has said that business community engaged with ready-made garments is making adequate efforts to enhance export volume. Despite certain problems

Published 05 Sep, 2017 12:00am

Chinese government statement is evidence of my innocence: Shahbaz

Punjab Chief Minister Muhammad Shahbaz Sharif Sunday said that the statement of Chinese government is evidence of his innocence and those leveling baseless allegations should now stop lying and leveling allegations. Talking to media after inaugurating the

Published 05 Sep, 2017 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate

Stock	Volume

Item	Value

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Dec 24 Security Investment Bank Limited(SIBL)	5.99 ▲ 1.00 (20.04%)
Next Capital / Dec 24 Next Capital Limited(NEXT)	8.90 ▲ 1.00 (12.66%)
Pak Agro Pack. (GEM) / Dec 24 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9 ▲ 1.00 (12.50%)
Ghani Chem. Ind. / Dec 24 Ghani Chemical Industries Limited(GCIL)	16.13 ▲ 1.47 (10.03%)
Pak Gulf Leasing / Dec 24 Pak-Gulf Leasing Company Limited(PGLC)	14.37 ▲ 1.31 (10.03%)
Popular Islamic / Dec 24 Popular Islamic Modaraba(PIM)	15.58 ▲ 1.42 (10.03%)
Mandviwala / Dec 24 Mandviwala Mauser Plastic Industries(MWMP)	16.59 ▲ 1.51 (10.01%)
Blessed Tex. / Dec 24 Blessed Textiles Limited(BTL)	301.77 ▲ 27.43 (10.00%)
Crescent Cotton / Dec 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5.00 (10.00%)

Stock	Price
S.G.Power / Dec 24 S.G. Power Limited(SGPL)	10.58 ▼ -1.18 (-10.03%)
Olympia Mills / Dec 24 Olympia Mills Limited(OML)	36 ▼ -4.00 (-10.00%)
J.A.Textile / Dec 24 J.A. Textile Mills Limited(JATM)	33.95 ▼ -3.77 (-9.99%)
Sanghar Sugar / Dec 24 Sanghar Sugar Mills Limited(SANSM)	26.16 ▼ -2.90 (-9.98%)
I.C.C. Ind. / Dec 24 ICC Industries Limited(ICCI)	9.85 ▼ -1.07 (-9.80%)
National Silk / Dec 24 The National Silk & Rayon Mills Limited(NSRM)	50.01 ▼ -5.43 (-9.79%)
Gulshan Sp. / Dec 24 Gulshan Spinning Mills Limited(GSPM)	4.10 ▼ -0.40 (-8.89%)
Crescent Fib. / Dec 24 Crescent Fibres Limited(CFL)	40.16 ▼ -3.81 (-8.66%)
Reliance Ins. / Dec 24 Reliance Insurance Company Limited(RICL)	11.55 ▼ -1.05 (-8.33%)

Stock	Volume
WorldCall Telecom / Dec 24 Worldcall Telecom Limited(WTL)	126,573,463 ▲ 0.05
Fauji Foods Ltd / Dec 24 Fauji Foods Limited(FFL)	66,984,381 ▲ 0.49
Cnergyico PK / Dec 24 Cnergyico PK Limited(CNERGY)	66,471,663 ▼ -0.27
Pak Elektron / Dec 24 Pak Elektron Limited(PAEL)	38,651,653 ▼ -1.53
K-Electric Ltd. / Dec 24 K-Electric Limited(KEL)	36,108,956 ▼ -0.18
Sui South Gas / Dec 24 Sui Southern Gas Company Limited(SSGC)	33,467,532 ▼ -0.50
P.T.C.L. / Dec 24 Pakistan Telecommunication Company Ltd(PTC)	33,030,118 ▼ -1.31
TRG Pak Ltd / Dec 24 TRG Pakistan Limited(TRG)	29,441,264 ▲ 3.35
Pace (Pak) Ltd. / Dec 24 Pace (Pakistan) Limited(PACE)	28,106,970 ▼ -0.18

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