News Archives for Print - 2017-09-20

Exchange

Dates of Closure of Books & Annual General Meetings

Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed on the stock exchanges.

Published 20 Sep, 2017 12:00am

Exchange

Wall Street clings to records, helped by banks; tech falters

The S&P 500 ended slightly higher on Monday as financial stocks rose ahead of a Federal Reserve meeting, but the Nasdaq pared gains sharply as technology stocks lost ground late in the session. Five of the 11 major S&P sectors ended lower. Rising US Treas

Published 20 Sep, 2017 12:00am

Tuesday's early afternoon trade: stocks up on telecom gains; Fed meet in focus

US stocks edged up in early afternoon trading on Tuesday, helped largely by gains in telecom stocks, but traded in a narrow range as investors stayed away from making major bets ahead of the Federal Reserve's policy meeting. The US central bank, which beg

Published 20 Sep, 2017 12:00am

Tesla shares fall from record high after warning from analyst

Shares of Tesla fell from record highs on Tuesday after an analyst warned that the electric car maker may take longer than expected to become profitable. Jefferies analyst Philippe Houchois launched coverage of Tesla with an "underperform" rating, helping

Published 20 Sep, 2017 12:00am

Tesla shares fall from record high after warning from analyst

Shares of Tesla fell from record highs on Tuesday after an analyst warned that the electric car maker may take longer than expected to become profitable. Jefferies analyst Philippe Houchois launched coverage of Tesla with an "underperform" rating, helping

Published 20 Sep, 2017 12:00am

Nikkei soars 2 percent to close at two-year high

Tokyo's benchmark Nikkei index on Tuesday climbed nearly two percent to close at its highest level in more than two years, rising past the psychologically important 20,000 mark. The Nikkei 225 index rose 1.96 percent, or 389.88 points, to end at 20,299.38

Published 20 Sep, 2017 12:00am

Qatar index slightly off five-year low, Saudi index worst performer

Qatar's stock index came slightly off a five-year low on Tuesday as local funds intensified their buying of those shares, while Saudi Arabia was the region's worst performer. The Doha index had recorded 11 straight sessions of losses, reflecting a lack of

Published 20 Sep, 2017 12:00am

EU firms want 'concrete action' from China on access

European companies suffer from "promise fatigue" over China's failure to follow through on pledges to open its market, the EU Chamber of Commerce in China said Tuesday. The chamber issued an annual 400-page report detailing the regulatory barriers that co

Published 20 Sep, 2017 12:00am

Norway wealth fund hits 'milestone' $1 trillion value

Norway's sovereign wealth fund, the largest in the world, on Tuesday reached the value of $1 trillion dollars for the first time, the Norwegian central bank, which manages the fund, said. This amount equals nearly $189,000 (157,000 euros) for each of the

Published 20 Sep, 2017 12:00am

Norway wealth fund hits 'milestone' $1 trillion value

Norway's sovereign wealth fund, the largest in the world, on Tuesday reached the value of $1 trillion dollars for the first time, the Norwegian central bank, which manages the fund, said. This amount equals nearly $189,000 (157,000 euros) for each of the

Published 20 Sep, 2017 12:00am

Exchange

Beijing, Shanghai shut down bitcoin exchanges

Banking regulators in Beijing and Shanghai have ordered local cryptocurrency exchanges to shut down, state media reported Tuesday, in the latest blow to the once flourishing Chinese market for virtual money. A Beijing-based regulator required all exchange

Published 20 Sep, 2017 12:00am

Exchange

US, Moscow seek Russian held in Greece over Bitcoin laundering

Moscow has requested the extradition of a Russian national also wanted in the United States for laundering billions of dollars through a Bitcoin exchange he operated, a judicial source said Tuesday. Alexander Vinnik, who headed BTC-e, an exchange he opera

Published 20 Sep, 2017 12:00am

Music piracy on increase worldwide

Music piracy is on the increase worldwide, with 40 percent of users are accessing unlicensed music, up from 35 percent last year, the global recorded music industry group IFPI said. Internet search engines are making piracy easier, the International Feder

Published 20 Sep, 2017 12:00am

Saudi Arabia, Britain sign military cooperation deal

Britain and Saudi Arabia signed a framework deal on military and security cooperation, Saudi state news agency SPA said on Tuesday, redoubling efforts to counter Iran in the Gulf region and defeat Islamic State. Prime Minister Theresa May said in December

Published 20 Sep, 2017 12:00am

Malaysia says strong growth gives flexibility on interest rates

Malaysia's central bank governor said on Tuesday that strong economic growth and manageable inflation gives it more flexibility on interest rate policy. The bank kept its overnight policy rate unchanged at 3.0 percent earlier this month as expected. It ha

Published 20 Sep, 2017 12:00am

US homebuilding weakens again, hurricanes muddy outlook

US homebuilding fell for a second straight month in August as a rebound in the construction of single-family houses was offset by persistent weakness in the volatile multifamily home segment. The report from the Commerce Department on Tuesday also showed

Published 20 Sep, 2017 12:00am

Toys'R'Us files for bankruptcy

Global retailer Toys"R"Us, a fixture in post-war America's booming toys market, said it has filed for Chapter 11 bankruptcy protection, strangled by heavy debt and a tough environment for bricks and mortar stores. The chain, founded in 1948 and "the world

Published 20 Sep, 2017 12:00am

German investor confidence rebounds

Confidence among German investors beat expectations Tuesday with a strong rebound in a monthly survey, as Europe's largest economy stays in robust health and fears over a strong euro recede. The ZEW institute's monthly barometer - which measures financial

Published 20 Sep, 2017 12:00am

Brexit, slowdown: a bleak backdrop for UK shift towards higher rates

The Bank of England has chosen an unusual time to announce that British interest rates are likely to rise for the first time in more than 10 years. The economy is growing at half its usual pace, retailers are struggling to sell to shoppers whose wages are

Published 20 Sep, 2017 12:00am

South Africa taxman may sue KPMG over spy unit report spat

South Africa's tax service said Monday it may sue auditor KPMG after it retracted a report it wrote that was used by the president to fire the former finance minister. South African Revenue Service (SARS) commissioner Tom Moyane told a press conference th

Published 20 Sep, 2017 12:00am

Old people, fixed jobs seen dragging down Finland's next decade growth

Finland's economy will grow faster than earlier predicted over the next few years, but the ageing population and rigid labour markets will drag it down over the longer term, the finance ministry said on Tuesday. Citing recovering exports, the ministry inc

Published 20 Sep, 2017 12:00am

Cyprus chalks up 'best ever' summer for tourist arrivals

More than half a million tourists visited Cyprus in August, pushing summer arrivals on the Mediterranean island to a new record, authorities said Monday. "With the completion of the most successful summer season in the history of Cypriot tourism, the Cypr

Published 20 Sep, 2017 12:00am

US has 'major' concerns over EU clearing house rule review

The United States is worried that European regulators may seek direct oversight of US-based clearing houses as part of regulatory changes sparked by Britain's decision to leave the European Union, a top US regulator said on Monday.

Published 20 Sep, 2017 12:00am

China home price growth cools further in August as curbs bear down

China's new home prices rose in August at the slowest pace in seven months and fell or levelled off in more cities as government cooling measures dampened speculation, though there were no signs of a sharper correction that could damage the economy. Signs

Published 20 Sep, 2017 12:00am

GM to recall 2.5 million vehicles in China over Takata airbags

General Motors will recall more than 2.5 million vehicles in China over concerns about airbags made by troubled Japanese giant Takata, Chinese authorities said, dealing a blow to the US automaker in the world's largest car market. GM and its joint venture

Published 20 Sep, 2017 12:00am

Ryanair acts on passenger ire as counts cost of cancelled flights

Ryanair on Monday said a mass cancellation of flights was set to cost the Irish no-frills airline 25 million euros ($30 million), as it bowed to customer anger by publishing a full list of journeys axed. The Irish no-frills airline said Friday it would sc

Published 20 Sep, 2017 12:00am

Heavy rain boosts Ivory Coast's cocoa crop

Heavy rain last week in Ivory Coast's cocoa growing regions will boost the main harvest that runs from October to March if plenty of sunshine follows, farmers said on Monday. Most farmers interviewed in the world's top cocoa producer said trees held a hea

Published 20 Sep, 2017 12:00am

Cotton

Cotton market Prices firm on moderate trade

Prices maintained firm posture on the cotton market on Tuesday in the process of moderate trade activity, dealers said. The official spot rate was unchanged at Rs 6000, they said. In the ready session, over 20,000 bales of cotton changed hand between Rs 5

Published 20 Sep, 2017 12:00am

EU wheat prices fall following Chicago drop

European wheat prices waned on Monday, pressured by weak US markets and sentiment that last week's rise may have been overdone at a time of hefty global supplies and strong competition with cheap Black Sea wheat. December milling wheat on Paris-based Euro

Published 20 Sep, 2017 12:00am

US natural gas futures hit over three-month high

US natural gas futures jumped to their highest in more than 3 months on Monday on projections for stronger air conditioning demand than previously forecast through the end of September. Front-month gas futures were up 10.7 cents, or 3.5 percent, at $3.131

Published 20 Sep, 2017 12:00am

Exchange

Chinese steel futures fall to one month low

Chinese steel futures dropped to their weakest in almost a month on Tuesday amid worries that planned winter curbs may dent demand in the world's top consumer, dragging down prices of raw material iron ore. Beijing's will suspend construction of major pub

Published 20 Sep, 2017 12:00am

US FOB Gulf soyabean bids higher on good demand

Basis bids for soyabeans shipped by barge to the US Gulf Coast were steady to higher on Monday on good demand for near term supplies and slow barge movement on parts of the river system, traders said. The US Coast Guard closed a one-mile section of the Il

Published 20 Sep, 2017 12:00am

Asian naphtha demand to stay firm on limited LPG

Asia's naphtha crack was at a three-session high of $97.83 a tonne on Monday as demand was expected to stay strong amid a lack of liquefied petroleum gas (LPG), a cheap alternative feedstock, traders said. LPG can be used to replace at least 5 percent of

Published 20 Sep, 2017 12:00am

CBOT soyabean futures lower

Chicago Board of Trade soyabean futures closed lower on Monday, retreating from early advances on technical selling after the November contract failed to match Friday's high of $9.77-3/4 a bushel. CBOT November soyabeans settled down 1 cent at $9.67-3/4 p

Published 20 Sep, 2017 12:00am

Vegetable Oil

Palm oil easier on European vegetable oils market

Palm oil on the European vegetable oils market was mostly easier on Monday, tracking lower Malaysian palm oil futures on the back of a stronger ringgit and weakness in CBOT soyaoil. Palm oil was offered between $5 a tonne higher and $10 lower after Malays

Published 20 Sep, 2017 12:00am

Activities at Karachi and Qasim Ports

The Karachi Port handled 133,449 tonnes of cargo comprising 100,112 tonnes of import cargo and 33,337 tonnes of export cargo including 6,820 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday. The total import cargo of 10

Published 20 Sep, 2017 12:00am

Aaj TV - Wednesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 20 Sep, 2017 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 20 Sep, 2017 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 20 Sep, 2017 12:00am

Exchange

State Bank of Pakistan conversion rates

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

Published 20 Sep, 2017 12:00am

Exchange

Barclays bid rates and maximum rates for payment of interest

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

Published 20 Sep, 2017 12:00am

Exchange

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (September 19, 2017).

Published 20 Sep, 2017 12:00am

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Tuesday (September 19, 2017).

Published 20 Sep, 2017 12:00am

Exchange

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Tuesday (September 19, 2017).

Published 20 Sep, 2017 12:00am

Libor

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Tuesday (September 19, 2017).

Published 20 Sep, 2017 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Tuesday (September 19, 2017).

Published 20 Sep, 2017 12:00am

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (September 19, 2017).

Published 20 Sep, 2017 12:00am

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Tuesday (September 19, 2017).

Published 20 Sep, 2017 12:00am

Banks' rates for currency notes (buying and selling)

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Tuesday (September 19, 2017).

Published 20 Sep, 2017 12:00am

Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (September 19, 2017).

Published 20 Sep, 2017 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (September 19, 2017).

Published 20 Sep, 2017 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Tuesday (September 19, 2017).

Published 20 Sep, 2017 12:00am

Exchange

Currency values in terms of Special Drawing Rights

The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special Drawing Rights (SDR).

Published 20 Sep, 2017 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (September 19, 2017).

Published 20 Sep, 2017 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (September 19, 2017).

Published 20 Sep, 2017 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (September 19, 2017).

Published 20 Sep, 2017 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Tuesday (September 19, 2017).

Published 20 Sep, 2017 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Tuesday (September 19, 2017).

Published 20 Sep, 2017 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Tuesday (September 19, 2017).

Published 20 Sep, 2017 12:00am

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (September 19, 2017).

Published 20 Sep, 2017 12:00am

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (September 19, 2017).

Published 20 Sep, 2017 12:00am

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (September 19, 2017).

Published 20 Sep, 2017 12:00am

JLI YAQEEN GROWTH FUND RATES

JLI Yaqeen Growth Fund Rates on Tuesday (September 19, 2017).

Published 20 Sep, 2017 12:00am

JLI YAQEEN GROWTH FUND RATES

JLI Yaqeen Growth Fund Rates on Tuesday (September 19, 2017).

Published 20 Sep, 2017 12:00am

JLI YAQEEN GROWTH FUND RATES

JLI Yaqeen Growth Fund Rates on Tuesday (September 19, 2017).

Published 20 Sep, 2017 12:00am

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Tuesday (September 19, 2017).

Published 20 Sep, 2017 12:00am

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Tuesday (September 19, 2017).

Published 20 Sep, 2017 12:00am

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Tuesday (September 19, 2017).

Published 20 Sep, 2017 12:00am

JLI CAPITAL GROWTH TAKAFUL FUND

JLI Capital Growth Takaful Fund Rates on Tuesday (September 19, 2017).

Published 20 Sep, 2017 12:00am

JLI CAPITAL GROWTH TAKAFUL FUND

JLI Capital Growth Takaful Fund Rates on Tuesday (September 19, 2017).

Published 20 Sep, 2017 12:00am

JLI CAPITAL GROWTH TAKAFUL FUND

JLI Capital Growth Takaful Fund Rates on Tuesday (September 19, 2017).

Published 20 Sep, 2017 12:00am

Border trade: Senators concerned at 'discrimination'

Senators on Tuesday decried what they alleged discrimination in border trade with Iran and Afghanistan, as compared to China and wondered why Bidini, district Qilla Saifullah, and Qamar-ud-Din, district Zhob, despite notified as customs stations in 2005 a

Published 20 Sep, 2017 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Tuesday (September 19, 2017).

Published 20 Sep, 2017 12:00am

August current account deficit plunges by 73 percent

Pakistan's current account deficit posted a notable decline of some 73 percent during August 2017 compared to July 2017 supported by higher home remittances and goods exports inflows. According to State Bank of Pakistan's statistics released on Tuesday, c

Published 20 Sep, 2017 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (September 19, 2017).

Published 20 Sep, 2017 12:00am

August current account deficit plunges by 73 percent

Pakistan''s current account deficit posted a notable decline of some 73 percent during August 2017 compared to July 2017 supported by higher home remittances and goods exports inflows. According to State Bank of Pakistan''s statistics released on Tuesday,

Published 20 Sep, 2017 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (September 19, 2017).

Published 20 Sep, 2017 12:00am

Exchange

BRIndex100 up 59.88 points

Bullish sentiments prevailed on Pakistan Stock Exchange on the back of fresh buying by both local and foreign investors in various sectors Tuesday. BRIndex100 gained 59.88 points or 1.28 percent to close at 4,739.93 points. BRIndex 100 touched intraday hi

Published 20 Sep, 2017 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Tuesday (September 19, 2017).

Published 20 Sep, 2017 12:00am

Exchange

BRIndex100 up 59.88 points

Bullish sentiments prevailed on Pakistan Stock Exchange on the back of fresh buying by both local and foreign investors in various sectors Tuesday. BRIndex100 gained 59.88 points or 1.28 percent to close at 4,739.93 points. BRIndex 100 touched intraday hi

Published 20 Sep, 2017 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (September 19, 2017)

Published 20 Sep, 2017 12:00am

Exchange

BRIndex100 up 59.88 points

Bullish sentiments prevailed on Pakistan Stock Exchange on the back of fresh buying by both local and foreign investors in various sectors Tuesday. BRIndex100 gained 59.88 points or 1.28 percent to close at 4,739.93 points. BRIndex 100 touched intraday hi

Published 20 Sep, 2017 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (September 19, 2017).

Published 20 Sep, 2017 12:00am

CPEC follows new type of global relations: Sun

Chinese Ambassador Sun Weidong on Tuesday said that the China Pakistan Economic Corridor as part of the One Belt One Road Initiative provides an important network and platform to achieve win-win cooperation in Asia and beyond. It is the best reflection of

Published 20 Sep, 2017 12:00am

Exchange

LME official prices

The following were Monday official prices.

Published 20 Sep, 2017 12:00am

CPEC follows new type of global relations: Sun

Chinese Ambassador Sun Weidong on Tuesday said that the China Pakistan Economic Corridor as part of the One Belt One Road Initiative provides an important network and platform to achieve win-win cooperation in Asia and beyond. It is the best reflection of

Published 20 Sep, 2017 12:00am

Exchange

LME official prices

The following were Monday official prices.

Published 20 Sep, 2017 12:00am

CPEC follows new type of global relations: Sun

Chinese Ambassador Sun Weidong on Tuesday said that the China Pakistan Economic Corridor as part of the One Belt One Road Initiative provides an important network and platform to achieve win-win cooperation in Asia and beyond. It is the best reflection of

Published 20 Sep, 2017 12:00am

The Weather

The weather report on Tuesday (September 19, 2017) and the forecast for Wednesday (September 20, 2017).

Published 20 Sep, 2017 12:00am

BCA downgraded: Moody''s affirms HBL''s B3, Caa1 ratings

Moody''s Investors Service has affirmed Habib Bank Ltd (HBL)''s B3/Not-Prime local currency deposit ratings and its Caa1/Not-Prime foreign currency deposit ratings. At the same time, Moody''s downgraded the bank''s Baseline Credit Assessment (BCA) and adj

Published 20 Sep, 2017 12:00am

UK suspends Myanmar military training

Britain said Tuesday it had suspended its educational training courses for the Myanmar military due to the ethnic violence in Rakhine state. London said it had "deep concern" about human rights abuses and would not be resuming the military courses unless

Published 20 Sep, 2017 12:00am

UK suspends Myanmar military training

Britain said Tuesday it had suspended its educational training courses for the Myanmar military due to the ethnic violence in Rakhine state. London said it had "deep concern" about human rights abuses and would not be resuming the military courses unless

Published 20 Sep, 2017 12:00am

Nisar criticises Prime Minister's statement

Criticizing Prime Minister Shahid Khaqan Abbasi's statement, former interior minister and senior leader of Pakistan Muslim League- Nawaz (PML-N), Chaudhry Nisar Ali Tuesday said that government officials should refrain from issuing statements that embarra

Published 20 Sep, 2017 12:00am

Nisar criticises Prime Minister's statement

Criticizing Prime Minister Shahid Khaqan Abbasi's statement, former interior minister and senior leader of Pakistan Muslim League- Nawaz (PML-N), Chaudhry Nisar Ali Tuesday said that government officials should refrain from issuing statements that embarra

Published 20 Sep, 2017 12:00am

Rs 54 billion projects approved by CDWP

The Central Development Working Party (CDWP) Tuesday approved as many as 24 development projects valued at Rs 53.6 billion and recommended three mega projects at a cost of Rs 27.1 billion for further approval to Executive Committee of National Economic Co

Published 20 Sep, 2017 12:00am

Rs 54 billion projects approved by CDWP

The Central Development Working Party (CDWP) Tuesday approved as many as 24 development projects valued at Rs 53.6 billion and recommended three mega projects at a cost of Rs 27.1 billion for further approval to Executive Committee of National Economic Co

Published 20 Sep, 2017 12:00am

Rs 54 billion projects approved by CDWP

The Central Development Working Party (CDWP) Tuesday approved as many as 24 development projects valued at Rs 53.6 billion and recommended three mega projects at a cost of Rs 27.1 billion for further approval to Executive Committee of National Economic Co

Published 20 Sep, 2017 12:00am

BCA downgraded: Moody''''s affirms HBL''''s B3, Caa1 ratings

Moody''''s Investors Service has affirmed Habib Bank Ltd (HBL)''''s B3/Not-Prime local currency deposit ratings and its Caa1/Not-Prime foreign currency deposit ratings. At the same time, Moody''''s downgraded the bank''''s Baseline Credit Assessment (BCA)

Published 20 Sep, 2017 12:00am

Border trade: Senators concerned at ''discrimination''

Senators on Tuesday decried what they alleged discrimination in border trade with Iran and Afghanistan, as compared to China and wondered why Bidini, district Qilla Saifullah, and Qamar-ud-Din, district Zhob, despite notified as customs stations in 2005 a

Published 20 Sep, 2017 12:00am

$8.2 billion projects under CPEC: PAC snubs Parveen Agha over failure to provide documents

The Public Accounts Committee (PAC) Tuesday snubbed Secretary Ministry of Railways Parveen Agha over her failure to provide the documents related to $8.2 billion projects under China-Pakistan Economic Corridor (CPEC).

Published 20 Sep, 2017 12:00am

Currency	Rate
USD PKR Interbank Selling / Apr 17	280.67
USD PKR Interbank Buying / Apr 17	280.47
USD to Japanese Yen / Apr 17	142.81
USD to Swiss Franc / Apr 17	0.82
Pound Sterling to USD / Apr 17	1.32
Euro to USD / Apr 17	1.14
UK LIBOR % / Apr 16	4.96

Stock	Volume
S&P 500 / Apr 16	5,275.70
Nasdaq / Apr 16	16,307.16
FTSE 100 / Apr 16	8,275.60
Dow Jones / Apr 16	39,669.39
Germany DAX 30 / Apr 16	21,311.02
France CAC40 / Apr 16	7,329.97
India Sensex / Apr 17	77,621.26
Tokyo Nikkei / Apr 17	34,285.53
Hang Seng / Apr 17	21,352.47

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 16	16,985
Gold 10 Grams PKR / Apr 16	298,353
Petrol/Litre / Apr 17	254.63
Crude Oil USD/Barrel / Apr 17	63.25
Gold Spot USD/Ounce / Apr 17	3,331.95
Diesel/Litre / Apr 17	258.64
Cotton US¢/pound / Apr 17	66.66

Stock	Price
Ghazi Fabrics / Apr 17 Ghazi Fabrics International Limited(GFIL)	8.36 ▲ 1 (13.59%)
Escorts Bank / Apr 17 Escorts Investment Bank Limited(ESBL)	6.75 ▲ 0.67 (11.02%)
Chakwal Spinning / Apr 17 Chakwal Spinning Mills Limited(CWSM)	57.93 ▲ 5.27 (10.01%)
Shezan Inter. / Apr 17 Shezan International Limited(SHEZ)	148.43 ▲ 13.49 (10%)
At-Tahur Ltd. / Apr 17 At-Tahur Limited(PREMA)	58.09 ▲ 5.28 (10%)
S.S.Oil / Apr 17 S.S.Oil Mills Limited(SSOM)	244.59 ▲ 22.24 (10%)
Gillette Pak / Apr 17 Gillette Pakistan Limited(GLPL)	185.88 ▲ 16.9 (10%)
Trust Sec.& Brok. / Apr 17 Trust Securities & Brokerage Limited(TSBL)	13.97 ▲ 1.27 (10%)
Bolan Casting / Apr 17 Bolan Castings Limited(BCL)	104.06 ▲ 9.46 (10%)
Pak Gulf Leasing / Apr 17 Pak-Gulf Leasing Company Limited(PGLC)	21.89 ▲ 1.99 (10%)

Stock	Price
Oilboy Energy(R) / Apr 17 Oilboy Energy Limited(R)(OBOYR2)	1.13 ▼ -0.25 (-18.12%)
Gulshan Sp. / Apr 17 Gulshan Spinning Mills Limited(GSPM)	3.50 ▼ -0.44 (-11.17%)
Fateh Ind. / Apr 17 Fateh Industries Limited(FIL)	119.55 ▼ -13.28 (-10%)
Blue-Ex Ltd / Apr 17 Blue-Ex Limited (GEM)(GEMBLUEX)	56.69 ▼ -6.29 (-9.99%)
Apna Microfin. / Apr 17 Apna Microfinance Bank Limited(AMBL)	10.17 ▼ -1.11 (-9.84%)
Jubilee Gen. Ins. / Apr 17 Jubilee General Insurance Limited(JGICL)	49.20 ▼ -5.02 (-9.26%)
Mughal Energy / Apr 17 Mughal Energy Limited(GEM)(GEMMEL)	20 ▼ -2.02 (-9.17%)
The Thal Ind.Corp. / Apr 17 The Thal Industries Corporation Limited(TICL)	331.04 ▼ -28.97 (-8.05%)
IbrahimFibres / Apr 17 Ibrahim Fibres Limited(IBFL)	320.51 ▼ -27.89 (-8.01%)
ZIL Limited / Apr 17 ZIL Limited(ZIL)	331.51 ▼ -28.69 (-7.97%)

Stock	Volume
B.O.Punjab / Apr 17 The Bank of Punjab(BOP)	20,708,337 ▲ 0.14
Maple Leaf Cement / Apr 17 Maple Leaf Cement Factory Limited(MLCF)	16,076,759 ▲ 2.55
National Bank / Apr 17 National Bank of Pakistan(NBP)	14,651,986 ▲ 5.04
Cnergyico PK / Apr 17 Cnergyico PK Limited(CNERGY)	14,198,610 ▲ 0.01
Fauji Cement / Apr 17 Fauji Cement Company Limited(FCCL)	11,633,241 ▲ 1.18
United BankXD / Apr 17 United Bank Limited(UBL)	10,504,395 ▲ 12.82
Hascol Petrol / Apr 17 Hascol Petroleum Limited(HASCOL)	8,722,170 ▲ 0.23
WorldCall Telecom / Apr 17 Worldcall Telecom Limited(WTL)	8,482,488 ▲ 0
K-Electric Ltd. / Apr 17 K-Electric Limited(KEL)	8,045,381 ▲ 0.04
Pak Elektron / Apr 17 Pak Elektron Limited(PAEL)	7,343,585 ▲ 0.58

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