News Archives for Print - 2017-09-17

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (September 16, 2017).

Published 17 Sep, 2017 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (September 16, 2017).

Published 17 Sep, 2017 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (September 16, 2017)

Published 17 Sep, 2017 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Saturday (September 16, 2017).

Published 17 Sep, 2017 12:00am

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (September 16, 2017).

Published 17 Sep, 2017 12:00am

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (September 16, 2017).

Published 17 Sep, 2017 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (September 16, 2017).

Published 17 Sep, 2017 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (September 16, 2017).

Published 17 Sep, 2017 12:00am

Kerb

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Saturday (September 16, 2017).

Published 17 Sep, 2017 12:00am

The rupee improved further against the dollar on the money market on Saturday in the process of trading dealers said. The rupee picked up 10 paisas in relation to the dollar for buying and selling at Rs 105.60 and Rs 105.80, they said.

Published 17 Sep, 2017 12:00am

THE RUPEE: steadier trend

The rupee improved further against the dollar on the money market on Saturday in the process of trading dealers said. The rupee picked up 10 paisas in relation to the dollar for buying and selling at Rs 105.60 and Rs 105.80, they said.

Published 17 Sep, 2017 12:00am

Cross Transactions between Client to Client & Financial Institutions

The following were the cross transactions between client to client & financial institutions here on Saturday (September 16, 2017).

Published 17 Sep, 2017 12:00am

Member to Member

The following transactions member to member subsequently reported on Saturday (September 16, 2017).

Published 17 Sep, 2017 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Saturday (September 16, 2017).

Published 17 Sep, 2017 12:00am

Aaj TV - Sunday's schedule

All timings are in PST (Pakistan Standard Time).

Published 17 Sep, 2017 12:00am

Soyameal prices up on European feed meal market

Asking prices on Europe's animal feed meal market were higher on Thursday, tracking further gains in Chicago soya futures as the market looked beyond higher-than-expected US crop estimates to focus on weather risks and strong export demand. US soyabean an

Published 17 Sep, 2017 12:00am

Asia's coffee markets muted on low stocks

The subdued sentiment in Asian coffee markets extended into this week on low stocks in Vietnam and Indonesia while importers refused Vietnamese offers citing high prices, traders said on Thursday. In Vietnam, exporters offered the 5 percent black and brok

Published 17 Sep, 2017 12:00am

Exchange

CBOT wheat futures lower after one month high

Chicago Board of Trade wheat futures closed fractionally lower on Thursday on technical selling after the benchmark December contract reached a one month high but failed to hold support above $4.50 a bushel, traders said. CBOT December wheat ended down 1/

Published 17 Sep, 2017 12:00am

China's soyabean import likely to remain unchanged in 2017/2018

Soyabean imports by China, the world's biggest buyer, are likely to remain unchanged in 2017/18 at this year's record level of 93 million tonnes due to a rise in domestic production and higher carry forward stocks, leading analyst Thomas Mielke said. Chin

Published 17 Sep, 2017 12:00am

US FOB Gulf soyabean bids ease as futures climb

Basis bids for soyabeans shipped by barge to US Gulf Coast export terminals weakened on Thursday as futures climbed and as concerns about a prolonged shipping delay on the lower Ohio River eased, traders said. A backup of barges on the lower Ohio River is

Published 17 Sep, 2017 12:00am

Demand from Bangladesh pushes up rice prices in India

Steady demand from Bangladesh raised rice prices in India this week but the flood-ravaged country is unlikely to go beyond its initial export targets for the year to shore up depleted stocks. Bangladesh will stick to its earlier plans to import up to 1.5

Published 17 Sep, 2017 12:00am

Cotton

Cotton prices higher on moderate trade

Rates went up on the cotton market on Saturday amid hovering fears of damage to the standing crop due to severe hot weather, particularly in the Punjab, dealers said. The official spot rate was unchanged at Rs 5950, they said. In the ready session, over 2

Published 17 Sep, 2017 12:00am

Ukraine winter rapeseed sowing near end

Ukrainian farmers have almost completed the sowing of winter rapeseed for the 2018 harvest as of September 12, seeding a 94 percent area from the expected 777,000 hectares, the agriculture ministry said on Wednesday. Farmers have also sown 503,000 hectare

Published 17 Sep, 2017 12:00am

Exchange

Chinese steel, iron ore futures fall sharply

Chinese steel and iron ore futures fell sharply on Thursday after investors cut positions in both commodities following recent sharp gains, even as underlying demand in the world's top consumer remained firm. The selloff came as data showed China's crude

Published 17 Sep, 2017 12:00am

CBOT corn futures higher

Chicago Board of Trade corn futures closed modestly higher on Thursday, following strength in soybeans and in the broader commodities sector, traders said. CBOT December corn settled up 2-3/4 cents at $3.54-1/4 a bushel but stayed inside of Wednesday's tr

Published 17 Sep, 2017 12:00am

Bangladesh tea prices up

Tea prices in Bangladesh rose at the weekly auction for the third time in a row, despite a larger volume on offer. Bangladeshi tea fetched an average price of 216.17 taka ($2.60) per kg at the auction on Tuesday, compared with 210.47 taka at the previous

Published 17 Sep, 2017 12:00am

Brazilian coffee crop 44 percent sell off behind last season

Brazil's 2017 coffee crop was 44 percent sold through September 11, slightly behind the 46 percent level seen at this time last year but ahead of a five-year average of 41 percent, consultancy Safras & Mercado said on Thursday. Safras estimates that 22.25

Published 17 Sep, 2017 12:00am

CBOT soyabeans higher on export demand

Chicago Board of Trade soyabean closed higher on Thursday, with the most-active November contract posting a one-month peak on export demand, short-covering and strength in soyameal, traders said. CBOT November soyabeans settled up 15-1/2 cents at $9.76 pe

Published 17 Sep, 2017 12:00am

Asian naphtha falls as supplies seen higher

Asia's naphtha crack fell to a 2-1/2-week low of $91.10 a tonne on Thursday, weighed by falling demand for the fuel as a gasoline blending component in Europe and higher availability of prompt cargoes, traders said. Europe exports naphtha to Asia among ot

Published 17 Sep, 2017 12:00am

EU wheat rises with Chicago as price recovery continues

Euronext wheat rose on Thursday in step with Chicago futures, supported by technical buying, to lend further weight to a recovery in wheat markets from harvest season lows. December milling wheat on Paris-based Euronext settled 2 euros, or 1.2 percent, hi

Published 17 Sep, 2017 12:00am

US natural gas futures climb to two-week high

US natural gas futures on Thursday climbed to a near two-week high, despite a bigger-than-expected storage build, on forecasts for warmer weather and higher air conditioning demand next week. The US Energy Information Administration said utilities added 9

Published 17 Sep, 2017 12:00am

One-third of China households see home prices rising in Q4

The percentage of Chinese households that believe still-hot housing prices will keep rising in the coming quarter, despite state moves to cool them, remains at nearly one-third, a survey by China's central bank showed on Friday. The People's Bank of China

Published 17 Sep, 2017 12:00am

S&P raises Portugal debt rating

Portugal's improved economic performance and falling budget deficit prompted a key credit rating agency to raise the grade on the country's debt on Friday. Standard and Poor's said it was raising the debt rating on the country's foreign debt one notch to

Published 17 Sep, 2017 12:00am

Exchange

Chinese FM talks up trade on Central America visit

Chinese Foreign Minister Wang Yi kept his focus on building trade and investment ties with Central America during a visit that started Friday in Costa Rica. "We have had 10 years of good cooperation" with Costa Rica, Wang told reporters during a signing o

Published 17 Sep, 2017 12:00am

Japan manufacturers' mood sags amid global uncertainty

Japanese manufacturers' confidence worsened for the first time in four months in September from the previous month's decade-high level and was expected to fall further, weighed by global uncertainty, a Reuters poll showed. The monthly poll - which tracks

Published 17 Sep, 2017 12:00am

Libor

SNB to keep rates on hold, but may change wording on franc

Switzerland's central bankers may be feeling more relaxed following the recent weakening of the Swiss franc against the euro, but they are still expected to hold their ultra-loose monetary policy at their September policy meeting. Instead, the main focus

Published 17 Sep, 2017 12:00am

Renault-Nissan to launch 12 zero-emission models

Carmaker Renault-Nissan said Friday it will launch 12 all-electric cars over the next six years and equip dozens more with driverless technology. Presenting the alliance's new strategic plan to 2022, chairman Carlos Ghosn said Renault-Nissan is targeting

Published 17 Sep, 2017 12:00am

Exchange

S&P upgrades outlook on Cyprus debt to positive

Accelerating economic growth and prospects for a continued budget surplus prompted a key credit rating agency on Friday to upgrade the outlook for Cyprus to positive. Standard and Poor's said the improved outlook indicates it could raise the grade on the

Published 17 Sep, 2017 12:00am

Dubai awards $3.9 billion solar energy contract to Shanghai Electric, ACWA Power

Dubai's state energy utility awarded a $3.9 billion contract to build and run a 700 megawatt solar power plant to a consortium comprising Shanghai Electric and Saudi Arabia's ACWA Power, the government said on Saturday. The project will feature a 260-metr

Published 17 Sep, 2017 12:00am

Drug war, rebels 'rising' risks for Philippines: Moody's

President Rodrigo Duterte's deadly drug war and armed Islamist rebellion pose "rising" risks to the Philippine economy, though it should continue to grow robustly in the short term, Moody's Investors Service said. Duterte is battling militants in the sout

Published 17 Sep, 2017 12:00am

Drug war, rebels 'rising' risks for Philippines: Moody's

President Rodrigo Duterte's deadly drug war and armed Islamist rebellion pose "rising" risks to the Philippine economy, though it should continue to grow robustly in the short term, Moody's Investors Service said. Duterte is battling militants in the sout

Published 17 Sep, 2017 12:00am

Food price inflation eases in Qatar

Food price inflation eased in Qatar during August, government data showed on Saturday, suggesting the country was finding ways to reduce the impact of economic sanctions imposed by other Arab states. Food prices jumped after Saudi Arabia, the United Arab

Published 17 Sep, 2017 12:00am

Ryanair cancels about 2,000 flights over six weeks

Ryanair announced Friday it was cancelling between 1,680 and 2,100 flights over the next six weeks in a bid to "improve punctuality", sparking outrage from passengers who suddenly have to make new travel plans. The Irish low-cost airline said it would scr

Published 17 Sep, 2017 12:00am

Exchange

Equifax executives step down after major hack

Equifax has replaced two senior executives entrusted with watching over its computers, after the credit reporting agency revealed it suffered a major hack that led to one of the worst-ever breaches of personal data. The Equifax chief information officer a

Published 17 Sep, 2017 12:00am

Exchange

Vietnamese banks may look offshore for capital

Vietnam has given banks new powers to deal with bad loans in a move seen as a precursor to a recapitalisation of the sector. Resolution 42, introduced on August 15, makes it easier for lenders to seize assets to cover unpaid debts - an option that state-r

Published 17 Sep, 2017 12:00am

AT&T weighs divestiture of Latin American TV assets

AT&T is evaluating a sale of its pay TV operations in Latin America as it seeks to pay down debt following its planned $85.4 billion acquisition of Time Warner Inc, people familiar with the matter said on Friday. AT&T is working with a financial adviser t

Published 17 Sep, 2017 12:00am

Ukraine will not curb meat exports to control soaring prices: PM

Ukraine will try to stabilise soaring domestic meat prices without having to resort to curbs on exports, Prime Minister Volodymyr Groysman said on Saturday. On Thursday, a senior government official told Reuters Ukraine may impose substantial curbs on mea

Published 17 Sep, 2017 12:00am

Shunning dollar, Venezuela lists oil prices in Chinese yuan

Venezuela on Friday began listing the price of its oil in the Chinese yuan, following President Nicolas Maduro's announcement last week that he would rid the economy of the "US imperialist system." The move was seen as a bid to weather US-imposed sanction

Published 17 Sep, 2017 12:00am

Swiss bank lobby urges government to toughen stance on EU equivalence

Switzerland's banking lobby on Thursday called on the government to end talks with the European Union about continued EU budget contributions unless Brussels recognises Swiss finance rules as equivalent with EU laws. Equivalency is one of the ways through

Published 17 Sep, 2017 12:00am

China's Zhongwang, Aleris extend merger deadline amid smuggling claims

Zhongwang USA, an investment firm backed by a Chinese aluminium tycoon, and its acquisition target Aleris Corp have decided to extend a deadline to complete their merger by two weeks, according to representatives of the two companies. The extension comes

Published 17 Sep, 2017 12:00am

Accenture sees 'secular downward' trend in bank fees

Bank's services fees face "secular downward" pressure in the long run, which will drive lenders back toward credit transactions whose margins are resilient to competition and new technologies, a senior executive at management consultants Accenture Plc sai

Published 17 Sep, 2017 12:00am

Irish economy rebounds in second quarter

Ireland's economy grew 1.4 percent in the second quarter, official data showed Friday, following a decline in output for the eurozone nation in the first three months of the year. The rebound in gross domestic product (GDP) in the April-June period follow

Published 17 Sep, 2017 12:00am

Romanian and French wheat cargoes still in Egyptian prosecutor custody

Two wheat cargoes rejected by Egypt's agriculture quarantine service for containing poppy seeds are still in the custody of the public prosecutor and have not been released yet, Egypt's Red Sea Port Authority said on Saturday. The agriculture minister sai

Published 17 Sep, 2017 12:00am

EU ministers make push for Google, Facebook tax

Google and Facebook may face higher tax bills in Europe as the EU rushed Saturday to change rules so that more of Silicon Valley's mega profits fall into public coffers. Public anger against the billions of euros earned by online behemoths is growing loud

Published 17 Sep, 2017 12:00am

Angry Birds maker Rovio moves forward with $1 billion IPO

Finnish mobile games maker Rovio Entertainment Ltd set a price range on Friday for its planned listing that would value the maker of "Angry Birds" at up to $1.1 billion, well below potential values cited in media reports. The company, whose business is re

Published 17 Sep, 2017 12:00am

Angry Birds maker Rovio moves forward with $1 billion IPO

Finnish mobile games maker Rovio Entertainment Ltd set a price range on Friday for its planned listing that would value the maker of "Angry Birds" at up to $1.1 billion, well below potential values cited in media reports. The company, whose business is re

Published 17 Sep, 2017 12:00am

Exchange

ECB to announce in October plans to reduce QE; buy bonds through June 2018

The European Central Bank will announce in October a six-month extension to its asset purchase programme but will cut how much it buys each month to 40 billion euros from January, a Reuters poll of economists found. The euro zone has been performing stron

Published 17 Sep, 2017 12:00am

Exchange

ECB to announce in October plans to reduce QE; buy bonds through June 2018

The European Central Bank will announce in October a six-month extension to its asset purchase programme but will cut how much it buys each month to 40 billion euros from January, a Reuters poll of economists found. The euro zone has been performing stron

Published 17 Sep, 2017 12:00am

Exchange

BP files for IPO of US Midwest, Gulf Coast pipeline assets

British energy company BP on Monday filed for an initial public offering of its US Midwest and Gulf Coast pipeline assets. BP Midstream Partners LP, the master limited partnership (MLP) formed by BP's US pipeline unit, plans to list on the New York Stock

Published 17 Sep, 2017 12:00am

Exchange

BP files for IPO of US Midwest, Gulf Coast pipeline assets

British energy company BP on Monday filed for an initial public offering of its US Midwest and Gulf Coast pipeline assets. BP Midstream Partners LP, the master limited partnership (MLP) formed by BP's US pipeline unit, plans to list on the New York Stock

Published 17 Sep, 2017 12:00am

Austria sounds out investors for its first 100-year bond sale

Austria is sounding out investors for a potential 100-year sovereign bond sale as soon as Tuesday, in what would be the first "century bond" to be sold publicly by a euro zone country. A successful sale would demonstrate that demand for super-long bonds,

Published 17 Sep, 2017 12:00am

Austria sounds out investors for its first 100-year bond sale

Austria is sounding out investors for a potential 100-year sovereign bond sale as soon as Tuesday, in what would be the first "century bond" to be sold publicly by a euro zone country. A successful sale would demonstrate that demand for super-long bonds,

Published 17 Sep, 2017 12:00am

Exchange

TSX flat as resources weigh, scores gain for the week

Canada's benchmark stock index notched a weekly gain of more than 1 percent but ended nearly flat on Friday as falling metal prices and some profit-taking in other sectors largely offset gains in groups led by consumer companies. The Toronto Stock Exchang

Published 17 Sep, 2017 12:00am

Treasuries outlook: US yield curve flattens on weak data before Fed meeting

Yield spreads between shorter-dated and longer-dated Treasuries contracted on Friday as traders added to bets the Federal Reserve would wait until the end of the year to raise rates and focus on its balance sheet at next week's policy meeting. North Korea

Published 17 Sep, 2017 12:00am

Treasuries outlook: US yield curve flattens on weak data before Fed meeting

Yield spreads between shorter-dated and longer-dated Treasuries contracted on Friday as traders added to bets the Federal Reserve would wait until the end of the year to raise rates and focus on its balance sheet at next week's policy meeting. North Korea

Published 17 Sep, 2017 12:00am

South Africa's Capitalworks to launch London hedge fund business

South African private equity firm Capitalworks plans to launch a London-based business to provide financial and operational support for hedge funds, four sources with direct knowledge of the matter told Reuters. The new venture, Sephira Investment Advisor

Published 17 Sep, 2017 12:00am

South Africa's Capitalworks to launch London hedge fund business

South African private equity firm Capitalworks plans to launch a London-based business to provide financial and operational support for hedge funds, four sources with direct knowledge of the matter told Reuters. The new venture, Sephira Investment Advisor

Published 17 Sep, 2017 12:00am

China funds boost equity allocations, cut cash

Chinese fund managers boosted their suggested equity exposure for the next three months as major indexes pierced key resistance and market sentiment picked up on further signs of an expanding economy, a monthly Reuters poll showed. The recent market rally

Published 17 Sep, 2017 12:00am

China funds boost equity allocations, cut cash

Chinese fund managers boosted their suggested equity exposure for the next three months as major indexes pierced key resistance and market sentiment picked up on further signs of an expanding economy, a monthly Reuters poll showed. The recent market rally

Published 17 Sep, 2017 12:00am

South Africa's ARC Investments IPO targets $650 million valuation

ARC Investments, a holding company co-founded by South African mining tycoon Patrice Motsepe, said it will sell shares worth 4 billion rand ($306 million) in an initial public offering that values the company at 8.5 billion rand. African Rainbow Capital I

Published 17 Sep, 2017 12:00am

South Africa's ARC Investments IPO targets $650 million valuation

ARC Investments, a holding company co-founded by South African mining tycoon Patrice Motsepe, said it will sell shares worth 4 billion rand ($306 million) in an initial public offering that values the company at 8.5 billion rand. African Rainbow Capital I

Published 17 Sep, 2017 12:00am

Exchange

Barclays sees $270 billion flows to China bonds on index inclusion

Investors could pour up to $270 billion into Chinese renminbi-denominated bonds once they are included in benchmark bond indices, which could occur in the next one to two years, Barclays said on Wednesday. The bank estimated that foreign ownership of Chin

Published 17 Sep, 2017 12:00am

Exchange

Barclays sees $270 billion flows to China bonds on index inclusion

Investors could pour up to $270 billion into Chinese renminbi-denominated bonds once they are included in benchmark bond indices, which could occur in the next one to two years, Barclays said on Wednesday. The bank estimated that foreign ownership of Chin

Published 17 Sep, 2017 12:00am

Exchange

Wall Street hits record highs, S&P 500 pierces 2,500

Wall Street reached record highs on Friday, with the S&P 500 surpassing 2,500 points as telecommunications shares rose and technology bounced back after two days of declines. The S&P 500's breach of the 2,500-mark came less than four months after it close

Published 17 Sep, 2017 12:00am

Exchange

African currencies week ahead: Zambia's kwacha likely to remain under pressure on low hard currency supply

The Zambian kwacha is expected to remain under pressure next week on the back of low hard currency supply while the Ugandan shilling is likely to strengthen as demand for cash from imports subsides.

Published 17 Sep, 2017 12:00am

Serbia buys euros to stem dinar gains

The Serbian central bank intervened on the inter-bank market on Thursday, buying an unspecified quantity of euros to stem gains of the dinar which remained strong despite a 30 million euros ($35.68 million) purchase a day earlier, dealers said. The bank w

Published 17 Sep, 2017 12:00am

Exchange

BoE official says new global forex code may need tweaking

A new global code to stamp out attempts at rigging the world's currency markets may need tweaking just months after it was published, a senior Bank of England official said on Tuesday. Central bankers and the forex industry published a voluntary code of c

Published 17 Sep, 2017 12:00am

Exchange

New hedging rules will make FX traders put up or shut up - every day

New European Union regulations on foreign exchange trading will make it harder and more expensive to manage currency risk, traders said, especially for large financial counterparties such as hedge funds and insurance companies. The regulations will impose

Published 17 Sep, 2017 12:00am

Dollar falls after weak US retail sales; focus on FOMC

The dollar weakened against most major currencies on Friday, weighed down by an unexpected decline in US retail sales last month that once again dimmed expectations for an interest rate increase in December. US retail sales unexpectedly fell in August as

Published 17 Sep, 2017 12:00am

Exchange

India central bank looking into cryptocurrencies, 'not comfortable' with bitcoin

The Reserve Bank of India (RBI) has a group looking into cryptocurrencies as legal tender, a senior official said on Wednesday, but emphasised the central bank's discomfort with bitcoin which has recently come under intense global regulatory scrutiny. "Fi

Published 17 Sep, 2017 12:00am

Speculators raise short dollar bets to new 4-1/2-year high

Speculators raised their short bets against the US dollar for the fourth consecutive week, with the value of contracts against the greenback increasing to $11.57 billion in latest week, the largest since January 2013, according to data from the Commodity

Published 17 Sep, 2017 12:00am

Spot currency trading on Thomson Reuters platforms dips

Average daily spot volumes on currency trading platforms run by Thomson Reuters dipped to an eight-month low of $82 billion in August, though that was partially offset by strong trading volumes in derivatives. While August is typically a slow month, with

Published 17 Sep, 2017 12:00am

Canadian dollar dips

The Canadian dollar lost ground on Friday against a weaker US dollar, as the boost from last week's interest rate hike by the Bank of Canada showed some signs of fading. At 4 pm EDT (2000 GMT), the Canadian dollar was trading at C$1.2184 to the greenback,

Published 17 Sep, 2017 12:00am

Exchange

Kazakh tenge drops against rouble

The Kazakh tenge has dropped 6.6 percent against the Russian rouble over the last six weeks, reaching a 19-year low, and traders suspected the central bank was manipulating the exchange rate to improve the balance of trade. Russia is one of Kazakhstan's b

Published 17 Sep, 2017 12:00am

Exchange

China's yuan still seen weakening if dollar rebounds, but at more modest pace

The Chinese yuan will only give up some of this year's strong gains against the dollar over the next 12 months, provided the US Federal Reserve continues to tighten policy and gives the greenback a lift, a Reuters poll showed. Mainly driven by US dollar w

Published 17 Sep, 2017 12:00am

Australia, France on brink of Davis Cup final

Australia edged closer to a first Davis Cup final in 14 years on Saturday when Jordan Thompson and John Peers swept past Arthur De Greef and Ruben Bemelmans 6-3, 6-4, 6-0 for a 2-1 lead in their semi-final against Belgium. Australia, the 28-time champions

Published 17 Sep, 2017 12:00am

Six-goal City go top, Liverpool held by Burnley

Manchester City stormed to the top of the Premier League as Sergio Aguero's hat-trick inspired a 6-0 demolition of Watford, while Philippe Coutinho's return couldn't lift Liverpool in a 1-1 draw against Burnley on Saturday. With previous leaders Mancheste

Published 17 Sep, 2017 12:00am

Bangladesh captain eyes 'landmark' South Africa series

Bangladesh captain Mushfiqur Rahim said Saturday his team were looking for a "landmark" series against South Africa when they play two Test matches there later this month. A 15-man Bangladesh squad left Dhaka Saturday for the series, which will start with

Published 17 Sep, 2017 12:00am

JP Duminy retires from Test and first class matches

South African international JP Duminy announced his retirement from Test match and first class cricket on Saturday. The 33-year-old left-handed batsman and part-time right-arm off-spinner will continue to play in limited overs cricket both domestically an

Published 17 Sep, 2017 12:00am

Lewandowski scores twice in Bayern romp

Robert Lewandowski netted twice on his 100th Bundesliga appearance for Bayern Munich who brushed off their internal strife with a 4-0 hammering of Mainz on Saturday. Lewandowski has now netted 82 goals for Munich amidst reports he wants to join Real Madri

Published 17 Sep, 2017 12:00am

Kohli calls on new spin aces against Australia

India skipper Virat Kohli declared an all-out spin war against Australia, saying the quality of his bowlers gives him confidence for the one-day series starting Sunday. Left-arm wrist spinner Kuldeep Yadav and leg-spinner Yuzvendra Chahal add variety to t

Published 17 Sep, 2017 12:00am

Safarova, Babos cruise into Quebec City semi-finals

Top-seeded Lucie Safarova of Czech Republic will meet third-seeded Timea Babos of Hungary in the semi-finals of the WTA tournament at Quebec City after both won in straight sets on Friday. Safarova lost the first three games of her quarter-final clash wit

Published 17 Sep, 2017 12:00am

Paulinho rescues Barca at Getafe

Paulinho scored his first Barcelona goal six minutes from time as the Catalan giants came from a goal down to win 2-1 at Getafe on Saturday and open up a seven-point lead over Real Madrid. Barca were dealt a double blow before half-time as record signing

Published 17 Sep, 2017 12:00am

Du Plessis hails Pakistan progress for cricket

South African skipper Faf du Plessis Saturday admitted he was nervous ahead of the World XI tour of Pakistan but praised the hosts for ensuring a safe series which he said would help its revival of international cricket. Apart from five limited-overs game

Published 17 Sep, 2017 12:00am

Bangladesh PM seeks help for Rohingya crisis as exodus tops 400,000

Bangladesh Prime Minister Sheikh Hasina headed for the UN General Assembly on Saturday to plead for global help coping with the Rohingya crisis, as the refugee deluge escaping a crackdown in Myanmar topped 400,000. The prime minister left a day after her

Published 17 Sep, 2017 12:00am

Iraq forces seize IS outpost ahead of Euphrates push

Iraqi forces on Saturday captured a desert outpost of the Islamic State group near the Syrian border in preparation for a drive up the Euphrates Valley towards the frontier, commanders said. The capture of Akashat, a former mining town in mainly Sunni Ara

Published 17 Sep, 2017 12:00am

Car bomb kills two in Kirkuk

A car bomb explosion targeting a shop selling alcohol in Iraq's northern city of Kirkuk on Saturday killed two civilians and wounded eight, a security official said. He said the blast damaged the shop and sparked a fire in three vehicles. Kirkuk is the ca

Published 17 Sep, 2017 12:00am

Boris Johnson reignites leadership speculation with Brexit plans

British Foreign Secretary Boris Johnson set out his plans for a "glorious" Brexit on Saturday that angered colleagues and reignited speculation he would challenge Prime Minister Theresa May for the leadership of the Conservative party. With May due to set

Published 17 Sep, 2017 12:00am

EU-US data pact faces first major test of credibility

A pact underpinning billions of dollars of transatlantic data transfers will undergo its first annual review on Monday, with Europe seeking to ensure Washington has lived up to its promises to protect the data of European citizens stored on US servers. Fe

Published 17 Sep, 2017 12:00am

Egyptian top court upholds life sentence for Morsi in Qatar case

A top court on Saturday upheld a life sentence against Egypt's ousted Islamist president Mohamed Morsi on charges stemming from a trial over spying for Qatar, a judicial official and his lawyer said. The court of cassation upheld a life sentence first pas

Published 17 Sep, 2017 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	154.30
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.26
Euro to USD / Nov 15	1.05

Stock	Volume
India Sensex / Nov 14	77,580.31
S&P 500 / Nov 15	5,870.62
Tokyo Nikkei / Nov 15	38,642.91
Nasdaq / Nov 15	18,680.12
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,063.61
Dow Jones / Nov 15	43,444.99
Germany DAX 30 / Nov 15	19,210.81

Item	Value
Crude Oil USD/Barrel / Nov 15	67.02
Karachi Cotton PKR/37.32 KG / Nov 15	18,085
Gold 10 Grams PKR / Nov 15	233,371.60
Gold Spot USD/Ounce / Nov 15	2,563.25
Cotton US¢/pound / Nov 15	68.91
Petrol/Litre / Nov 16	248.38

Stock	Price
786 Invest Ltd / Nov 16 786 Investments Limited(786)	6.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 16 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▼ 0.00 (0.00%)
Agro Allianz / Nov 16 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 16 Ali Asghar Textile Mills Limited(AATM)	56.65 ▼ 0.00 (0.00%)
Allied Bank / Nov 16 Allied Bank Limited(ABL)	115.07 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 16 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▼ 0.00 (0.00%)
Abson Ind. / Nov 16 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 16 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 16 786 Investments Limited(786)	6.33 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 16 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▲ 0.00 (0.00%)
Agro Allianz / Nov 16 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 16 Ali Asghar Textile Mills Limited(AATM)	56.65 ▲ 0.00 (0.00%)
Allied Bank / Nov 16 Allied Bank Limited(ABL)	115.07 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 16 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▲ 0.00 (0.00%)
Abson Ind. / Nov 16 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 16 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 16 Worldcall Telecom Limited(WTL)	77,999,077 ▲ 0.00
Fauji Foods Ltd / Nov 16 Fauji Foods Limited(FFL)	70,721,702 ▲ 0.00
Hascol Petrol / Nov 16 Hascol Petroleum Limited(HASCOL)	55,501,231 ▲ 0.00
K-Electric Ltd. / Nov 16 K-Electric Limited(KEL)	36,884,955 ▲ 0.00
Sui South Gas / Nov 16 Sui Southern Gas Company Limited(SSGC)	36,294,630 ▲ 0.00
D.S. Ind. Ltd. / Nov 16 D.S. Industries Limited(DSIL)	32,226,742 ▲ 0.00
TRG Pak Ltd / Nov 16 TRG Pakistan Limited(TRG)	29,018,611 ▲ 0.00
Pak Int.Bulk / Nov 16 Pakistan International Bulk Terminal(PIBTL)	22,405,457 ▲ 0.00
Treet Battery / Nov 16 Treet Battery Limited(TBL)	21,319,898 ▲ 0.00

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