News Archives for Print - 2017-09-19

Print - 2017-09-19

Japan markets closed

Stocks, financial and commodity markets in Japan were closed on Monday for a public holiday. Markets will resume normal trading on Tuesday.

Published 19 Sep, 2017 12:00am

Southeast Asian stocks: Thai shares hit near 24-year high

Most southeast Asian shares ended higher on Monday, with the Philippine index hitting a fresh closing high and Thai shares scaling a near 24-year peak. Philippine shares ended up 1.4 percent, in their fifth straight session of gains, bolstered by financia

Published 19 Sep, 2017 12:00am

Qatar index hits five-year low as diplomatic rift hits firms

Qatar's stock index hit a five-year low on Monday because of a fresh sign that a diplomatic dispute in the region was starting to inflict long-term damage on some of its companies. Shares of Qatar Insurance dropped 2.3 percent after the company said it wa

Published 19 Sep, 2017 12:00am

India's NSE index hits record high

India's NSE index ended at a record closing high on Monday as financials and automakers gained. The broader NSE index closed up 0.67 percent at 10,153.10, while the benchmark BSE index ended 0.47 percent higher at 32,423.76, its highest in more than six w

Published 19 Sep, 2017 12:00am

European shares flirt with six-week high as Portugal shines

European shares ended Monday's session close to six-week highs, helped by buoyant global stock markets, stronger financials and a rally in Portugal after the euro zone member regained investment grade rating. With no new actions by North Korea over the we

Published 19 Sep, 2017 12:00am

Ukraine raises $3 billion in first bond since 2014 revolution

Ukraine has raised $3 billion in its first sovereign bond issue since the country's 2014 revolution, a source close to the deal said on Monday. The proceeds from the 15-year eurobond sale overshot the treasury's initial target of $2.5 billion, with the fu

Published 19 Sep, 2017 12:00am

Ukraine raises $3 billion in first bond since 2014 revolution

Published 19 Sep, 2017 12:00am

Australian shares higher; New Zealand down

Australian shares snapped three consecutive sessions of losses to finish higher on Monday, tracking Wall Street's all-time highs recorded on Friday. The S&P/ASX 200 index rose 0.5 percent, or 25.577 points to 5,720.6 at the close of trade. The benchmark f

Published 19 Sep, 2017 12:00am

BAE, financials pick Britain's FTSE up from four-month low

The UK's top share index advanced on Monday, rebounding from the previous session's four-month low as shares in financials rose and higher oil prices boosted energy shares, while late comments from Bank of England governor Mark Carney helped cement gains.

Published 19 Sep, 2017 12:00am

Exchange

Yuan inches up

China's yuan edged up against the US dollar on Monday, following the central bank's fixing of a slightly firmer midpoint. Prior to market opening on Monday, the People's Bank of China set the yuan midpoint rate at 6.5419 per dollar prior to market open, 4

Published 19 Sep, 2017 12:00am

Dollar edges up in Asia

The dollar held firm near a seven-week high versus the yen on Monday, supported by recent rises in US yields, while sterling took a breather after surging last week on growing expectations that the Bank of England could raise interest rates soon. The doll

Published 19 Sep, 2017 12:00am

Exchange

Early trade in NY: dollar rises against yen ahead of Fed meeting

The US dollar rose to a more than seven-week high against the yen on Monday, supported by a rise in US Treasury yields, as traders waited on an impending Federal Reserve meeting for clues on whether US interest rates could rise again by year-end. The doll

Published 19 Sep, 2017 12:00am

Dollar hits eight-week high against yen in Europe

The dollar hit an eight-week high against the yen on Monday, supported by a rise in US Treasury yields, as traders eyed a Federal Reserve meeting starting the next day for clues on whether interest rates could rise again by year-end. Last week was the gre

Published 19 Sep, 2017 12:00am

Most Asian currencies make little headway

Most Asian currencies made little headway on Monday with the dollar hovering near seven-week highs and caution growing ahead of the US Federal Reserve's policy review. At its two-day meeting starting on Tuesday, the Fed is expected to kick off a long-anti

Published 19 Sep, 2017 12:00am

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Monday. 80.75-80.75 (previous 80.73-80.73).

Published 19 Sep, 2017 12:00am

Sri Lankan rupee marginally lower

The Sri Lankan rupee ended weaker on Monday as dollar demand from banks and importers surpassed selling of the greenback by exporters, dealers said. The spot rupee ended at 153.05/10 per dollar, compared with Friday's close of 152.80/90. "The demand (for

Published 19 Sep, 2017 12:00am

Sterling slides as BoE signals limited, gradual rate hikes

Sterling slid nearly 1 percent on Monday, retreating from its highest level since the Brexit vote, after Bank of England Governor Mark Carney said any coming interest rate rises would be limited and gradual. Speaking at the International Monetary Fund in

Published 19 Sep, 2017 12:00am

Aussie, kiwi advance

The Australian and New Zealand dollars notched broad gains on Monday as rising bond yields at home sucked investor funds away from low-yielding currencies, notably the Japanese yen. The Australian dollar firmed 0.3 percent to $0.8028, but still faces resi

Published 19 Sep, 2017 12:00am

Gayle return 'huge boost' for West Indies: Holder

West Indies captain Jason Holder has backed the returning Chris Gayle to make a big impact in the one-day international series against England starting this week. Tuesday's fixture at Old Trafford, the first of a five-match ODI series, is set to be powerh

Published 19 Sep, 2017 12:00am

Bairstow to open for England in first West Indies ODI

Jonny Bairstow will open for England in the first one-day international against West Indies, captain Eoin Morgan announced Monday. Tuesday's match at Manchester's Old Trafford is England's first ODI since their Champions Trophy semi-final defeat by eventu

Published 19 Sep, 2017 12:00am

Rooney hit by two-year ban after drink-drive guilty plea

Former England captain Wayne Rooney was Monday banned from driving for two years and ordered to perform 100 hours of unpaid community work after pleading guilty to drink-driving. The Everton striker apologised for an "unforgivable lack of judgement" follo

Published 19 Sep, 2017 12:00am

Smith warns India have weapons other than spin

Australia were undone by spin in the first one-day international but skipper Steve Smith has warned his side need to be ready for India's other bowling weapons. The tourists were frustrated by wrist spinners Yuzvendra Chahal and Kuldeep Yadav, who took fi

Published 19 Sep, 2017 12:00am

Kerb

Kerber beat Osaka in Tokyo

Former world number one Angelique Kerber thrashed Japan's Naomi Osaka 6-3, 6-4 at the Pan Pacific Open women's tennis tournament on Monday to avenge a humiliating loss at the US Open. Frenchwoman Kristina Mladenovic suffered an epic Tokyo meltdown, meanwh

Published 19 Sep, 2017 12:00am

Belgium shatter Aussie Davis Cup dream, face France in final

Australia's hopes of reaching a first Davis Cup final in 14 years were shattered Sunday when Belgium fought back from an overnight deficit to win their semi-final 3-2 and set-up a title showdown with neighbours France. Steve Darcis, the 33-year-old world

Published 19 Sep, 2017 12:00am

Hurricane Maria bears down on battered Caribbean

Hurricane Maria strengthened rapidly on Monday as it blasted towards the eastern Caribbean, forcing exhausted islanders - still recovering from megastorm Irma - to brace for the worst again. The US National Hurricane Center (NHC) said the "major hurricane

Published 19 Sep, 2017 12:00am

Snapchat blocks Al Jazeera in Saudi Arabia as Qatar tensions simmer

Snapchat has blocked Qatari broadcaster Al Jazeera from its app in Saudi Arabia at the request of Saudi authorities, the image sharing service said Monday, as tensions simmer between the Gulf states. Saudi authorities have accused Al Jazeera of acting as

Published 19 Sep, 2017 12:00am

May pushes Britain-Canada free trade in Trudeau talks

British Prime Minister Theresa May on Monday urged Canada to use its new free trade agreement with Europe as a basis for a pact with Britain after it leaves the European Union. May was welcomed on her first official visit to Canada's parliament by a milit

Published 19 Sep, 2017 12:00am

Turkey again summons German envoy

Turkey on Monday summoned the German ambassador for the second time in just three days, Turkish diplomatic sources said, as an intensifying bilateral crisis showed no sign of ending. Germany ambassador Martin Erdmann had already been called in by the Turk

Published 19 Sep, 2017 12:00am

Suicide bombers kill 15 in Nigeria

At least 15 people were killed on Monday when suicide bombers attacked an aid distribution point in northeast Nigeria, in the latest suspected strike by Boko Haram insurgents against civilians. The blasts occurred in the Konduga area, about 40 kilometres

Published 19 Sep, 2017 12:00am

Exchange

Trump, Xi agree on 'maximizing pressure' on North Korea: White House

US President Donald Trump and his Chinese counterpart Xi Jinping committed to "maximizing pressure on North Korea", the White House said Monday, amid an escalating crisis over Pyongyang's ballistic and nuclear weapons programs. In a phone call the two men

Published 19 Sep, 2017 12:00am

Corruption-plagued Brazil gets new chief prosecutor

A new chief prosecutor took over Monday in Brazil to oversee an avalanche of corruption investigations, including against President Michel Temer, and promised that no one would be "above the law." Raquel Dodge replaced the hard hitting Rodrigo Janot who l

Published 19 Sep, 2017 12:00am

Exchange

Supreme court steps in to block Iraq Kurd independence vote

Iraq's supreme court Monday ordered the suspension of a September 25 referendum on the independence of Iraqi Kurdistan, as legal and political pressure mounted on the Kurds to call off the vote. With just a week left before polling, the court said it "has

Published 19 Sep, 2017 12:00am

Israel gets first joint US military base

Israel on Monday inaugurated with its US ally a joint missile defence base on Israeli soil, the first ever, a senior Israeli air force officer said. The new facility, at an undisclosed location in southern Israel, was announced as Israeli Prime Minister B

Published 19 Sep, 2017 12:00am

Exchange

US flies bombers over Korean peninsula for drill: Seoul

The US flew four F-35B stealth fighter jets and two B-1B bombers over the Korean peninsula on Monday in a show of force after North Korea's latest nuclear and missile tests, South Korea's defence ministry said. The flight was to "demonstrate the deterrenc

Published 19 Sep, 2017 12:00am

Egyptian court acquits Irish citizen after four years in jail

An Egyptian court on Monday acquitted Irish citizen Ibrahim Halawa after four years in jail on accusations he participated in clashes with police in August 2013, a judicial official said. Halawa, who has an Egyptian background, was arrested in Cairo after

Published 19 Sep, 2017 12:00am

Top official leaves Britain's Brexit ministry

The top official at Britain's Brexit ministry quit on Monday to start working directly for Prime Minister Theresa May, in what opposition parties branded as "chaos" at a sensitive time in the negotiations. Oliver Robbins, the permanent secretary at the De

Published 19 Sep, 2017 12:00am

UN gives top prize to Chibok girls negotiator

A Nigerian lawyer who helped secure the release of more than 100 schoolgirls kidnapped by Boko Haram was on Monday awarded one of the United Nations' top prizes. The UNHCR said Zannah Mustapha was given the annual Nansen award for his "crucial mediating"

Published 19 Sep, 2017 12:00am

Thai army under fire for $10 million faulty blimp

Thailand's army came under fire Monday for its $10 million purchase of a faulty blimp that was finally dumped after eight hapless years, the latest scandal over military spending in the junta-run country. The kingdom's defence budget has nearly tripled ov

Published 19 Sep, 2017 12:00am

Two dead, three missing as typhoon rips through Japan

A powerful typhoon ripped through the Japanese archipelago on Monday, leaving two people dead and three others missing, officials and news reports said. Typhoon Talim made landfall Sunday in Kyushu, the southernmost of Japan's four main islands, packing w

Published 19 Sep, 2017 12:00am

Azerbaijan sentences journalist to nine years

A court in Azerbaijan on Monday sentenced opposition journalist Elchin Ismayilli to nine years in prison for extortion, in a case his supporters slammed as politically motivated. The 39-year-old journalist - whose website has often criticised local author

Published 19 Sep, 2017 12:00am

Nepal holds final phase of landmark election

Nepal on Monday completed its first local elections for nearly two decades, a key step in the country's protracted post-war transition to a federal democracy. Most of the country has already voted, but the local polls had been repeatedly delayed in a sout

Published 19 Sep, 2017 12:00am

UN urged to punish Myanmar army over Rohingya 'atrocities'

Pressure grew on Myanmar Monday as a rights group urged world leaders to impose sanctions on its military, which is accused of driving out more than 410,000 Rohingya Muslims in an orchestrated "ethnic cleansing" campaign. The call from Human Rights Watch

Published 19 Sep, 2017 12:00am

China's COFCO targets overseas grain partners

China's COFCO International said it plans more partnerships in grain after a US supply deal last month, as it expands overseas with a focus on grain, oilseed and sugar. The state-owned trading house has spent more than $3 billion buying agricultural trade

Published 19 Sep, 2017 12:00am

Exchange

Shanghai copper rises

The most-traded copper contract on the Shanghai Futures Exchange closed up 300 yuan, or 0.6 percent, at 50,700 yuan ($7,733) a tonne on Monday after concerns over slowing growth in top consumer China capped gains. China posted disappointing data on Thursd

Published 19 Sep, 2017 12:00am

Exchange

Lead hits two-week high, copper up

Lead prices hit two-week highs on Monday as worries increased about tighter supplies amid China's environmental crackdown, strong demand and falling inventories in Shanghai. Benchmark lead on the London Metal Exchange ended up 1.3 percent at $2,390 a tonn

Published 19 Sep, 2017 12:00am

Exchange

Oil prices slip, but hold near recent highs

US crude oil prices slipped below $50 per barrel on Monday but stayed close to multi-month highs as traders braced for a potential stockpile build, expected later this week. US West Texas Intermediate (WTI) crude futures were down 16 cents at $49.73 per b

Published 19 Sep, 2017 12:00am

Mauritius trims sugar output

Mauritius cut its 2017 sugar production forecast by 2.7 percent on Tuesday, blaming above average rainfall for a poor harvest. The Chamber of Agriculture said it now expects sugar production of 350,000 tonnes this year, down from a previous forecast of 36

Published 19 Sep, 2017 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

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

Published 19 Sep, 2017 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

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

Published 19 Sep, 2017 12:00am

Vegetable Oil

Malaysian palm oil has biggest fall in a month as rival oils weaken

Malaysian palm oil futures had their sharpest daily fall in a month late on Monday, marking their third straight session of losses, tracking weakness in related edible oils and as a stronger ringgit weighed on the market.

Published 19 Sep, 2017 12:00am

Arabica coffee, New York cocoa down on profit-taking

Arabica coffee futures settled lower on profit-taking on Monday after reaching a five-week high earlier in the session. Profit-taking and technical activity pressured New York cocoa prices to settle down. December arabica coffee settled down 1.05 cent, or

Published 19 Sep, 2017 12:00am

Gold down in Asia

Gold slipped to its lowest level in over two weeks on Monday as the dollar and equities rallied, while prospects of monetary policy tightening in the United States ahead of a Federal Reserve meeting also weighed on the metal. Spot gold was down 0.3 percen

Published 19 Sep, 2017 12:00am

Gold touches 2-1/2 weeks low in Europe

Gold hit a 2-1/2 weeks low on Monday as the dollar rose ahead of a two day Federal Reserve meeting and global equities surged. The dollar hit an eight week high against the yen as data showing a pick up in US consumer prices increased bets the Fed could r

Published 19 Sep, 2017 12:00am

US MIDDAY: soya rises

US soyabean futures firmed on Monday on export demand and uncertainty about yield prospects as the harvest begins in the heart of the Midwest crop belt, analysts said. Corn fell on expectations of continued, burdensome US supplies, and wheat sagged on tec

Published 19 Sep, 2017 12:00am

US MIDDAY: gold slides

Gold fell 1 percent on Monday, touching a 2-1/2-week low, as the dollar strengthened and US Treasury yields rose ahead of a two-day Federal Reserve meeting, while a world stock market index surged to a record and Wall Street also hit new highs.

Published 19 Sep, 2017 12:00am

Cotton

2.3 million cotton bales reach ginners

Seed cotton (Phutti), equivalent to 2.3 million bales has reached ginning factories across Pakistan till September 15, 2017. Pakistan Cotton Ginners Association (PCGA) released its first fortnightly report of the cotton season 2017-18 on Monday putting co

Published 19 Sep, 2017 12:00am

Fiscal Year 2017 FDI down 11 percent, NA told

Foreign Direct Investment fell by 11.1 percent in financial year 2016-17 as compared to the previous year, while the total direct investment inflows remained $ 14.3 billion during the period under review. Minister In-charge of Prime Minister's Office info

Published 19 Sep, 2017 12:00am

JazzCash, Railways sign pact to facilitate payment of online ticket fees

JazzCash and the Pakistan Railways recently signed an agreement to facilitate the payment of online ticket fees across the country. The customers can now book their tickets online through the Pakistan Railways website or Pakistan Railways Mobile App, afte

Published 19 Sep, 2017 12:00am

Sales tax adjustment: IPCC to take up financial claim of KP against FBR today

A meeting of the Inter-Provincial Coordination Committee (IPCC) of the CCI will meet Tuesday to take up financial claim of Khyber Pakhtunkhwa (KP) against Federal Board of Revenue (FBR) with respect to cross-adjustment of sales tax.

Published 19 Sep, 2017 12:00am

LHC stays levy of fee on cold storages for agriculture products

The Lahore High Court on Monday stayed implementation of a notification regarding levy of fee on cold storages for being involved in business of agriculture products. The court issued notice to Agriculture Department for fortnight in a petition of Sahiwal

Published 19 Sep, 2017 12:00am

'Big companies acknowledge big benefits of returns filing by employees'

Corporate sector particularly big companies have acknowledged seven major benefits of filing of income tax returns by their employees. These benefits include lower rates of tax deduction on banking transactions, reduced rates of withholding taxes on regis

Published 19 Sep, 2017 12:00am

Mutual Funds

K-Electric Limited

Juggling between notoriety and fame, K-Electric Limited (PSX: KEL) has always remained in the limelight. It is the only vertically-integrated power utility in Pakistan having generation, distribution and transmission functions. The company has over a hund

Published 19 Sep, 2017 12:00am

Mutual Funds

K-Electric Limited

Published 19 Sep, 2017 12:00am

International Textile Asia Exhibition : MoUs worth $375 million signed for investment

Besides marking the participation of over 500 foreign delegates, the three-day 18th International Textile Asia Exhibition, organized jointly by PRGMEA and Ecommerce Gateway, signed MoUs of worth $375 million for investment in Pakistan through joint ventur

Published 19 Sep, 2017 12:00am

Robust production & sale, automobile industry on course

The production and sale of automobile industry products including passenger cars, buses, trucks, farm tractors, motor cycles and three wheelers of famous makers and brands, continued to be robust during first two months of the new financial year 2017-18 a

Published 19 Sep, 2017 12:00am

29,000 bogus votes in Lahore election: PTI's defeated candidate petitions commission

Pakistan Tehreek-e-Insaf (PTI)'s candidate for NA-120 by-election Dr Yasmin Rashid has submitted a petition to the Election Commission of Pakistan (ECP) over the alleged registration of 29,000 bogus votes.

Published 19 Sep, 2017 12:00am

Tevta board approves budget for 2017-18

Board of Members of Technical Education and Vocational Training Authority (TEVTA) has approved the Budget 2017-18 Non Development Rs 6,888 million and Development Rs 1,899 million. The 60th BOM meeting was held at TEVTA secretariat which was presided over

Published 19 Sep, 2017 12:00am

NAB arrests two charged with embezzlement

National Accountability Bureau (NAB) Lahore has arrested two accused namely Ghulam Mustafa and Muhammad Naseem over their alleged involvement of Rs 67 million embezzlement in connivance with ex-Land Acquisition collector (LAC) Mian Abdul Rauf.

Published 19 Sep, 2017 12:00am

NA-120 results: 'people are with servers': Shahbaz

Punjab Chief Minister Muhammad Shahbaz Sharif has said that the success of Begum Kulsoom Nawaz in the bye-election of NA-120 is an expression of people's deep love with the leadership of Pakistan Muslim League-N. "The results of bye-poll have again proved

Published 19 Sep, 2017 12:00am

IBMC team meets members of peace bodies

The delegation of Punjab Ittehad Bainul Muslimeen Committee (IBMC) headed by coordinator Sahibzada Zahid Mehmud Qasmi visited here on Monday in order to promote religious harmony and brotherhood with regards to Muharram ul Haram. The delegation held meeti

Published 19 Sep, 2017 12:00am

Urban infrastructure: ADB approves $200 million loan to assist Punjab government

The Asian Development Bank (ADB) has approved US 200 million dollars loan to assist the Punjab government for developing a sustainable urban infrastructure in Sahiwal and Sialkot through Punjab Intermediate Cities Improvement Investment Programme (PICIIP)

Published 19 Sep, 2017 12:00am

Urban infrastructure: ADB approves $200 million loan to assist Punjab government

Published 19 Sep, 2017 12:00am

TDAP to hold Expo Pakistan in Karachi

Trade Development Authority of Pakistan (TDAP) is organizing Expo Pakistan from 9th to 12th November 2017 at Expo Centre, Karachi, a large number of buyers and sellers of famous brands are likely to participate in the event. Mian Riaz Ahmed, Director Gene

Published 19 Sep, 2017 12:00am

Saudi envoy meets Shahbaz

Saudi Ambassador to Pakistan Nawaf Saeed Al-Malkiy called on Punjab Chief Minister Shahbaz Sharif, here on Monday and discussed matters of mutual interest including promotion of brotherly relations between Pakistan and Saudi Arabia and enhancement of mutu

Published 19 Sep, 2017 12:00am

Effective steps being taken to put Railways on modern lines: Saad Rafique

Railways Minister Khawaja Saad Rafique Monday said that the government is taking effective steps to put Pakistan Railways on modern lines. He said this while speaking at a signing ceremony in connection with online train tickets, here Monday.

Published 19 Sep, 2017 12:00am

International emergency team calls on ACS Punjab

An international emergency team comprising of the office-bearers and experts from Asian Fire Service Association (AFSA), UK, called on the Additional Chief Secretary (ACS) Punjab Shamail Ahmad Khawaja here on Monday. The team was led by the Pakistani-Brit

Published 19 Sep, 2017 12:00am

Haroon discusses tax reforms with UK minister

A UK delegation led by Minister of State for Trade and Investment Hon Greg Hands visited FBR House Monday and held a meeting with Special Assistant to Prime Minister on Revenue Senator Haroon Akhtar Khan. Chairman FBR Tariq Mahmood Pasha and Member (IR) P

Published 19 Sep, 2017 12:00am

FBR continues drive to attract big companies for boost in tax returns

A team of FBR's Facilitation and Taxpayers Education (FATE) Wing led by Member FATE, FBR, Nausheen Javaid Amjad and Chief FATE Tehmina Aamer visited the offices of Fauji Fertilizers Company Limited and held an extensive meeting with the Company's Chief Ex

Published 19 Sep, 2017 12:00am

'Pakistan committed to beating terrorism'

Interior Minister Ahsan Iqbal said on Monday that Pakistan has defeated terrorism and would not allow anyone to use its soil against any other country and expects the same from others. Talking to the media after attending the inaugural ceremony of Asia Pe

Published 19 Sep, 2017 12:00am

Afghan nationals among 37 suspects held

Afghan nationals among 37 suspects were arrested and arms recovered during search operations here on Monday. The police launched search operations against the outlaws in Agha Mir Jani, Matni and surrounding areas of the provincial capital Peshawar. The po

Published 19 Sep, 2017 12:00am

Solar system: PA body for early completion of work

Chairman, Khyber Pakhtunkhwa Assembly Standing Committee on Drinking Water, Gul Sahib Khan Khattak has directed the early revival of the solar system of the tube-wells and its immediate completion of work wherever it is not installed. He issued these dire

Published 19 Sep, 2017 12:00am

Efforts being made to weaken PPP: Zardari

Co-chairman of Pakistan Peoples Party (PPP) and former president Asif Zardari said on Monday that efforts were being made to weaken the PPP but the party is not afraid as it has always preached democracy. "The PPP is a federation party with its presence i

Published 19 Sep, 2017 12:00am

Daewoo branded battery project: Treet Corporation conducts corporate briefing programme

Treet Corporation Limited, a PSX listed company, conducted a corporate briefing program for its Daewoo branded battery project, being completed at Faisalabad Industrial Estate located on M-3 Motorway Industrial City.

Published 19 Sep, 2017 12:00am

Daewoo branded battery project: Treet Corporation conducts corporate briefing programme

Published 19 Sep, 2017 12:00am

Professional domestic helpers: TAF commences second training course for women

TAF Foundation, a non profit organization working for women empowerment through its vocational training institute (TAFF-VTI), has commenced its second training course for marginalized women from all across Karachi. According to an announcement of the TAP

Published 19 Sep, 2017 12:00am

KP government notifies creation of new district, tehsils

The government of Khyber Pakhtunkhwa Monday notified creation of one new district and three news tehsils in various divisions of the province. The KP government in exercise of the powers conferred under sections 5 and 6 of Khyber Pakhtunkhwa Land Revenue

Published 19 Sep, 2017 12:00am

Rawalpindi chamber elects president

Zahid Latif Khan elected unopposed as President of the Rawalpindi Chamber of Commerce and Industry (RCCI) for the year 2017-18. The 3-member RCCI Election Commission consisted of Tariq Javed Butt, Syed Rizwan Haider Mashadi and Naveed Javed announced the

Published 19 Sep, 2017 12:00am

Exchange

Abbasi's talks with US vice president likely today

The United States has suggested Vice President Pence's meeting with Prime Minister Shahid Khaqan Abbasi as part of their efforts "to re-engage with Pakistan." It will be first direct Pakistan-US interaction after the announcement of Afghan and South Asia

Published 19 Sep, 2017 12:00am

MQM MPA Nadeem Razi joins PSP

Pak Sarzameeen Party (PSP) Chief Mustafa Kamal welcomed on Monday Muttahida Qaumi Movement-Pakistan (MQM-P) leader Nadeem Raze into the party. Razi is a member of the Sindh Assembly from Karachi's PS-121 constituency.

Published 19 Sep, 2017 12:00am

PBIF asks government to call APC to discuss US-Indian plots

President of Pakistan Businessmen and Intellectuals Forum (PBIF) Mian Zahid Hussain has urged the Prime Minister Shahid Khaqan Abbasi to launch a diplomatic campaign and call an all-party conference to forge a consensus against nefarious designs of US and

Published 19 Sep, 2017 12:00am

Meeting discusses ways and means for KCR revival

A meeting was held at the office of Chief Secretary Sindh to discuss the revival of Karachi Circular Railway (KCR). Secretary Transport Saeed Aawan briefed the meeting that survey and soil investigation is to be prioritized, in the SITE area over 7KM, bet

Published 19 Sep, 2017 12:00am

Thai traders to explore seafood opportunities

In order to explore opportunities, a Thai trade delegation comprising of Seafood importers has arrived here on a 4-day Pakistan visit. Trade Development Authority of Pakistan (TDAP) has organized the visit of this 17-member foreign delegation that began o

Published 19 Sep, 2017 12:00am

Marvi Memon briefs CM of Balochistan on BISP expansion there

Minister of State and Chairperson BISP Marvi Memon called on Chief Minister Balochistan Nawab Sanaullah Khan Zehri to discuss the expansion of programme's organizational coverage in Balochistan. She held the meeting on the directions of Prime Minister Sha

Published 19 Sep, 2017 12:00am

KE to continue its drive against 'Kunda Mafia'

K-Electric has reiterated its continued commitment to eradicate power theft against all odds and strongly condemns the attack against its teams in Nazimabad block 1 during a hook (kunda) removal exercise. As per the press statement, during removal, KE tea

Published 19 Sep, 2017 12:00am

MPA Achakzai indicted for running over traffic cop

A session court on Monday indicted Balochistan MPA Abdul Majeed Achakzai pertaining to the case against the lawmaker for running his vehicle over a traffic policeman on duty. Pashtoonkhwa Milli Awami Party MPA Dr Abdul Majeed Khan Achakzai's vehicle was s

Published 19 Sep, 2017 12:00am

Murad orders reopening of Aisha Bawani College

Sindh Chief Minister Syed Murad Ali Shah Monday ordered authorities concerned to reopen the closed Aisha Bawani College, located on the roadside of Shahra-e-Faisal. According to a Sindh Chief Minister's spokesperson, Chief Minister Murad directed to get i

Published 19 Sep, 2017 12:00am

Temperature, humidity may remain high

Temperature is likely to surge to 39 degrees Celsius during the next two days, as the Met Office on Monday forecast heat waves for the metropolis. Humidity level is also expected to range up to 80 percent, as the Met said that Karachi is set to witness a

Published 19 Sep, 2017 12:00am

Commissioner concerned over gridlock in city

Serious measures are required to address the frequent gridlock in the provincial metropolis, said Commissioner Karachi Ejaz Ahmed Khan. Presiding over a meeting at his office, the Commissioner expressed deep concern over the present state of traffic in th

Published 19 Sep, 2017 12:00am

Judiciary should appoint NAB chief: Jamaat chief

Jamaat-e-Islami chief and Senator, Sirajul Haq, proposed on Monday that the judiciary should appoint the head of National Accountability Bureau (NAB) to ensure fair trials. "Chief Justice of Pakistan and Chief Justices of all high courts should be given p

Published 19 Sep, 2017 12:00am

Protesters clash with policemen KPC, surrounding areas become battleground

Karachi Press Club and its adjoining areas on Monday became battleground when teachers, college students and ex-police cops clashed with the police during their demonstrations they were staging in favour of their demands. Hundreds of teachers staged prote

Published 19 Sep, 2017 12:00am

Previous Day

Forex
World
Commodity

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
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
Karachi Cotton PKR/37.32 KG / Nov 16	18,085

Gainers
Losers
Leaders

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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