AIRLINK 136.59 Increased By ▲ 9.32 (7.32%)
BOP 9.12 Increased By ▲ 0.44 (5.07%)
CNERGY 6.42 Increased By ▲ 0.70 (12.24%)
CPHL 64.66 Decreased By ▼ -2.44 (-3.64%)
FCCL 41.55 Increased By ▲ 1.69 (4.24%)
FFL 13.04 Increased By ▲ 0.83 (6.8%)
FLYNG 33.77 Increased By ▲ 2.37 (7.55%)
HUBC 125.77 Increased By ▲ 6.77 (5.69%)
HUMNL 11.40 Decreased By ▼ -0.04 (-0.35%)
KEL 4.01 Increased By ▲ 0.09 (2.3%)
KOSM 3.99 Increased By ▲ 0.05 (1.27%)
MLCF 63.32 Increased By ▲ 2.45 (4.02%)
OGDC 184.55 Increased By ▲ 5.16 (2.88%)
PACE 4.42 Increased By ▲ 0.43 (10.78%)
PAEL 40.22 Increased By ▲ 3.21 (8.67%)
PIAHCLA 12.23 Decreased By ▼ -1.35 (-9.94%)
PIBTL 7.62 Increased By ▲ 0.52 (7.32%)
POWER 13.87 Increased By ▲ 0.46 (3.43%)
PPL 138.86 Increased By ▲ 6.95 (5.27%)
PRL 24.56 Increased By ▲ 0.30 (1.24%)
PTC 17.54 Increased By ▲ 0.11 (0.63%)
SEARL 68.24 Increased By ▲ 1.59 (2.39%)
SSGC 27.69 Decreased By ▼ -1.53 (-5.24%)
SYM 12.68 Increased By ▲ 0.51 (4.19%)
TELE 5.94 Increased By ▲ 0.34 (6.07%)
TPLP 7.00 Increased By ▲ 0.25 (3.7%)
TRG 56.27 Increased By ▲ 3.14 (5.91%)
WAVESAPP 7.94 Increased By ▲ 0.20 (2.58%)
WTL 1.16 Increased By ▲ 0.06 (5.45%)
YOUW 3.21 Increased By ▲ 0.12 (3.88%)
AIRLINK 136.59 Increased By ▲ 9.32 (7.32%)
BOP 9.12 Increased By ▲ 0.44 (5.07%)
CNERGY 6.42 Increased By ▲ 0.70 (12.24%)
CPHL 64.66 Decreased By ▼ -2.44 (-3.64%)
FCCL 41.55 Increased By ▲ 1.69 (4.24%)
FFL 13.04 Increased By ▲ 0.83 (6.8%)
FLYNG 33.77 Increased By ▲ 2.37 (7.55%)
HUBC 125.77 Increased By ▲ 6.77 (5.69%)
HUMNL 11.40 Decreased By ▼ -0.04 (-0.35%)
KEL 4.01 Increased By ▲ 0.09 (2.3%)
KOSM 3.99 Increased By ▲ 0.05 (1.27%)
MLCF 63.32 Increased By ▲ 2.45 (4.02%)
OGDC 184.55 Increased By ▲ 5.16 (2.88%)
PACE 4.42 Increased By ▲ 0.43 (10.78%)
PAEL 40.22 Increased By ▲ 3.21 (8.67%)
PIAHCLA 12.23 Decreased By ▼ -1.35 (-9.94%)
PIBTL 7.62 Increased By ▲ 0.52 (7.32%)
POWER 13.87 Increased By ▲ 0.46 (3.43%)
PPL 138.86 Increased By ▲ 6.95 (5.27%)
PRL 24.56 Increased By ▲ 0.30 (1.24%)
PTC 17.54 Increased By ▲ 0.11 (0.63%)
SEARL 68.24 Increased By ▲ 1.59 (2.39%)
SSGC 27.69 Decreased By ▼ -1.53 (-5.24%)
SYM 12.68 Increased By ▲ 0.51 (4.19%)
TELE 5.94 Increased By ▲ 0.34 (6.07%)
TPLP 7.00 Increased By ▲ 0.25 (3.7%)
TRG 56.27 Increased By ▲ 3.14 (5.91%)
WAVESAPP 7.94 Increased By ▲ 0.20 (2.58%)
WTL 1.16 Increased By ▲ 0.06 (5.45%)
YOUW 3.21 Increased By ▲ 0.12 (3.88%)
BR100 11,241 Increased By 384.8 (3.54%)
BR30 32,134 Increased By 1400.2 (4.56%)
KSE100 107,175 Increased By 3647.8 (3.52%)
KSE30 32,648 Increased By 1170 (3.72%)
May 11, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2017-10-04
Wall Street starts quarter higher; data signals strength
Exchange

Wall Street starts quarter higher; data signals strength

US stocks started the fourth quarter on a strong note on Monday, with all three major indexes hitting record high closes as data pointed to underlying strength in the economy. A measure of US manufacturing activity surged to a near 13-1/2-year high in Sep
Published 04 Oct, 2017 12:00am
ABL organises seminar on 'Transition of family business structure'

ABL organises seminar on 'Transition of family business structure'

As part of the corporate social responsibility, Allied Bank organized a seminar on "Transition of family business structure into corporate structure" the other day at Islamabad, which was conducted by renowned economist Dr Ishrat Hussain (Ex-Governor SBP)
Published 04 Oct, 2017 12:00am
Girls bag all three top positions in BIEK exam

Girls bag all three top positions in BIEK exam

The results of annual examination 2017 of Commerce (Private) and Home Economics (First Year) of Board of Intermediate Education Karachi (BIEK) were announced by Chairman BIEK Professor Inam Ahmed in a ceremony held at BIEK, said a statement here Tuesday.
Published 04 Oct, 2017 12:00am
Afzal Foundation, Greenwich university sign MoU

Afzal Foundation, Greenwich university sign MoU

The Afzaal Memorial Thalassemia Foundation and Greenwich University have signed a memorandum of underrating to assist each other in thalassemia screening, blood donation camps, community and social projects, students' internship, research and data present
Published 04 Oct, 2017 12:00am
Target killer held

Target killer held

Paramilitary Rangers (Sindh) on Tuesday claimed to have arrested accused associated with banned Sipah-e-Muhammad Pakistan (SMP) from Mochko area of metropolis. A Rangers spokesman in a brief statement said the under arrest accused Syed Raihan Abbas Zaidi
Published 04 Oct, 2017 12:00am
Shahbaz deplores self-immolation incident

Shahbaz deplores self-immolation incident

Punjab Chief Minister Shahbaz Sharif has said that the incident of self-immolation of a man as protest for non-provision of justice to his wife is highly deplorable. A meeting was held here on Tuesday with Punjab Chief Minister Muhammad Shahbaz Sharif in
Published 04 Oct, 2017 12:00am
ANF seizes 2632 kg of drugs in operations

ANF seizes 2632 kg of drugs in operations

The Anti-Narcotics Force (ANF) in 11 operations carried out across the country recovered 2632kg drugs worth Rs 2.9 billion in international market and arrested 8 drug offenders and impounded 3 vehicles. The seized drugs comprised 2623Kg Hashish, 6.4kg Her
Published 04 Oct, 2017 12:00am
Siraj meets Chinese outgoing envoy

Siraj meets Chinese outgoing envoy

The outgoing ambassador of China in Pakistan, Sun Weidong, called on the chief of Jamaat-e-Islami Sirajul Haq, at the latter's residence on Tuesday. According to media cell of Jamaat-e-Islami Lahore, talking to the outgoing envoy, Sirajul Haq said that in
Published 04 Oct, 2017 12:00am
'Khatam-e-Nabuwat': JI, MYC chiefs moot over dropping affidavit

'Khatam-e-Nabuwat': JI, MYC chiefs moot over dropping affidavit

Chief of Jamaat-e-Islami, Sirajul Haq and president of Milli Yakjehti Council (MYC) Dr Sahibzada Abul Khair Muhammad Zubair, have convened an important meeting of all the religious and political parties at Mansoora, on October 5th, to take notice of the r
Published 04 Oct, 2017 12:00am
PPP declines to become part of grand national dialogue

PPP declines to become part of grand national dialogue

The PPP spokesman on Monday stated that his party has refused to become part of the Grand National dialogue of former Prime Minister Nawaz Sharif. The PPP had rejected the idea when Sharif had floated it after his removal from the premiership in the wake
Published 04 Oct, 2017 12:00am
Export Trophy award ceremony today

Export Trophy award ceremony today

The FPCCI annual "5th Export Trophy Awards" ceremony will be held today at Karachi and Commerce and Textile Minister Muhammad Pervaaiz Malik will be chief guest FPCCI President Zubair Tufail told Chairman United Business Group (UBG) Iftikhar Ali Malik her
Published 04 Oct, 2017 12:00am
Trade leaders accuse SBP of downplaying threats to economy
Currency

Trade leaders accuse SBP of downplaying threats to economy

Various business leaders connected with trade and industry have expressed the view that the central bank downplayed massive threats faced by the economy in its latest report and said the report is over-optimistic at best and far from the ground realities
Published 04 Oct, 2017 12:00am
Book authored by special person launched

Book authored by special person launched

Lahore Businessmen Association for Rehabilitation of Disabled (Labard) and social organization Jugnoo International launched a book "ADRET" authored by a special person Saima Ashraf. Shaista Pervez MNA was the chief of guest while Bushra Aitzaz, Saeed Kha
Published 04 Oct, 2017 12:00am
Government urged to make changes in export policy

Government urged to make changes in export policy

Over the past several months, the Fertilizer Manufacturers of Pakistan Advisory Council (FMPAC) has repeatedly urged the government to make strategic changes in its policy for allowing exports of a limited quantity of surplus urea inventory in the country
Published 04 Oct, 2017 12:00am
Elections Bill 2017 challenged in LHC

Elections Bill 2017 challenged in LHC

Pakistan Awami Tehreek (PAT) affiliated lawyer Ishtiaq Chaudhry challenged the Elections Bill 2017 before Lahore High Court on Tuesday. The petitioner stated that the recently-passed bill contained a clause which allows politicians disqualified from holdi
Published 04 Oct, 2017 12:00am
FPCCI for increasing import duties
Exchange

FPCCI for increasing import duties

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has suggested increase in import duties on unnecessary imports and imposition of 100 percent LC margin on preventable imports to improve the balance of payments situation.
Published 04 Oct, 2017 12:00am
Jordan's KADDB chief meets defence minister
Exchange

Jordan's KADDB chief meets defence minister

Eng Atef M Ahmed Tell, Chairman King Abdullah Design and Development Bureau (KADDB) Jordan along with his delegation held meeting with Rana Tanveer Hussain Federal Minister for Defence Production in Rawalpindi on Tuesday. The federal minister highlighted
Published 04 Oct, 2017 12:00am
Pakistan, Cambodia to enhance trade volume

Pakistan, Cambodia to enhance trade volume

Pakistan and Cambodia would enhance the bilateral ties to further strengthen the parliamentary linkages and increase the existing low trade volume between the two countries to its optimal potential. This was deliberated in a meeting of Chairman Senate Raz
Published 04 Oct, 2017 12:00am
SMEDA sets up Help Desks for dairy farmers

SMEDA sets up Help Desks for dairy farmers

Small and Medium Enterprises Development Authority (SMEDA) in collaboration with the Livestock and Dairy Development Department, Khyber Pakhtunkhwa and the Dairy Farmer Associations organized Help Desks at Peshawar and Mardan. The objective of these help
Published 04 Oct, 2017 12:00am
Pakistan, Japan express satisfaction over political ties

Pakistan, Japan express satisfaction over political ties

The 10th round of Pakistan-Japan bilateral political consultations was held in Islamabad on 3 October 2017. Kazuyuki Yamazaki, Senior Deputy Minister for Foreign Affairs of Japan, headed the Japanese delegation while Foreign Secretary Tehmina Janjua, led
Published 04 Oct, 2017 12:00am
Dengue death toll rises to 42 in KP

Dengue death toll rises to 42 in KP

Another dengue patient died on Tuesday, and the mosquito-borne disease infected 351 more people in Khyber Pakhtunkhwa. With the latest human loss, death toll from the disease in KP reached 42, said the Dengue Response Unit (DRU). Pervez son of Mian Khan 5
Published 04 Oct, 2017 12:00am
Summer Internship: awards distribution ceremony held at Roots

Summer Internship: awards distribution ceremony held at Roots

Roots Flagship Millennium Campus I-9/3, Islamabad organized Summer Internship Awards Distribution Ceremony 2017 to acknowledge and appreciate students on completion of their Summer Internship Program in well-known organizations and financial institutions
Published 04 Oct, 2017 12:00am
Pioneer Cement Limited
Mutual Funds

Pioneer Cement Limited

Pioneer Cement Limited (PIOC) was incorporated in 1986 as a public listed company as part of the Noon Group of Companies, a prominent business group with subsidiaries including Nurpur Foods, Noon Sugar Mills and Noon Pakistan. The group held the majority
Published 04 Oct, 2017 12:00am
Pioneer Cement Limited
Mutual Funds

Pioneer Cement Limited

Pioneer Cement Limited (PIOC) was incorporated in 1986 as a public listed company as part of the Noon Group of Companies, a prominent business group with subsidiaries including Nurpur Foods, Noon Sugar Mills and Noon Pakistan. The group held the majority
Published 04 Oct, 2017 12:00am
Body formed to restructure PCCC recommends more funds for R&D
Cotton

Body formed to restructure PCCC recommends more funds for R&D

The committee constituted for restructuring of Pakistan Central Cotton Committee (PCCC) met here on Tuesday and recommended for utilization of more funds on research and development and keeping minimum non-technical staff to enhance its performance.
Published 04 Oct, 2017 12:00am
FM off to US on three-day visit

FM off to US on three-day visit

Foreign Minister Khawaja Asif left for the United States on a three-day visit on Tuesday to hold bilateral talks with his US counterpart Rex Tillerson and other officials on a range of issues including Trump administration's new policy for the region.
Published 04 Oct, 2017 12:00am
US MIDDAY: gold climbs
Exchange

US MIDDAY: gold climbs

Gold on Tuesday rose above a seven-week low as the US dollar came off its highs. Bullion was pressured earlier by strong US economic data that reinforced expectations of another US interest rate increase this year and pushed the dollar and US bond yields
Published 04 Oct, 2017 12:00am
US MIDDAY: corn falls

US MIDDAY: corn falls

US corn futures fell to their lowest level in nearly a week on Tuesday, pressured by the ongoing harvest and softening cash markets, analysts said. Soyabeans were modestly higher, with the November contract rebounding from a near three-week low. Wheat fut
Published 04 Oct, 2017 12:00am
Gold hits seven-week low in Europe
Exchange

Gold hits seven-week low in Europe

Gold touched its lowest price level in seven weeks on Tuesday after strong US economic data reinforced expectations of another interest rate rise in the United States this year and pushed the dollar and US bond yields higher. The CME's Fedwatch indicator
Published 04 Oct, 2017 12:00am
Gold down in Asia

Gold down in Asia

Gold prices were little changed after marking a 7-week low on Tuesday, as equities and the dollar were buoyed in Asian trade by upbeat economic data and strong US treasury yields. Spot gold was down 0.1 percent at $1,269.71 an ounce by 0713 GMT, after ear
Published 04 Oct, 2017 12:00am
New York cocoa climbs

New York cocoa climbs

New York cocoa futures rose to a two-month high on Tuesday, shrugging off the weak British pound versus the US dollar as a move above the 200-day moving average triggered technical buy signals, while sugar and arabica coffee fell. December New York cocoa
Published 04 Oct, 2017 12:00am
Tokyo rubber climbs
Exchange

Tokyo rubber climbs

Benchmark Tokyo rubber futures climbed for a second day on Tuesday, moving away from near two-month lows hit last week, as upbeat economic data from China, the world's biggest buyer of the commodity, and higher stock prices fed appetite for risk. The Toky
Published 04 Oct, 2017 12:00am
Palm oil surges
Vegetable Oil

Palm oil surges

Malaysian palm oil futures saw their first daily gain in a week on Tuesday evening, supported by a weaker ringgit. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange was up 0.6 percent at 2,683 ringgit ($633.1
Published 04 Oct, 2017 12:00am
Oil prices dip on profit-taking and US production fears

Oil prices dip on profit-taking and US production fears

Oil prices dipped on Tuesday as speculators took profits for a second day after big third-quarter gains and on concerns that higher prices might spur increased US shale production. Brent crude futures closed down 12 cents or 0.2 percent to $56.00 a barrel
Published 04 Oct, 2017 12:00am
Zinc hits 10-year high for second day, copper up
Exchange

Zinc hits 10-year high for second day, copper up

Zinc hit 10-year highs for a second day on Tuesday, reversing earlier losses, as worries over production outages in China pushed up prices, while London Metal Exchange inventories posted another decline. Prices of the metal used in galvanising steel rose
Published 04 Oct, 2017 12:00am
Cotton hits six-week low amid bumper harvest expectations
Cotton

Cotton hits six-week low amid bumper harvest expectations

ICE cotton futures settled nearly unchanged on Tuesday after hitting a six-week low earlier in the session amid expectations of a bountiful crop of the natural fiber in the United States. Cotton contracts for December settled down 0.05 cent, or 0.07 perce
Published 04 Oct, 2017 12:00am
Talabani dies

Talabani dies

Ex-Iraqi president Jalal Talabani, a veteran leader of the struggle for Kurdish self-determination and a unifying elder statesman, died Tuesday in Germany aged 83, Kurdish officials said. Talabani was Iraq's president from 2005 to 2014 and a key figure in
Published 04 Oct, 2017 12:00am
Putin calls for better US ties as he meets new envoy

Putin calls for better US ties as he meets new envoy

Russian President Vladimir Putin on Tuesday called for "predictable and mutually beneficial" ties with the United States as he received diplomatic credentials from Washington's new ambassador to Moscow. The US Senate last week confirmed businessman, veter
Published 04 Oct, 2017 12:00am
US trio wins physics Nobel

US trio wins physics Nobel

US astrophysicists Barry Barish, Kip Thorne and Rainer Weiss were awarded the Nobel Physics Prize Tuesday for the discovery of gravitational waves, offering a sneak peek at the Universe's very beginnings. Predicted by Albert Einstein a century ago as part
Published 04 Oct, 2017 12:00am
Afghanistan pull-out would be 'to our ultimate peril': Mattis

Afghanistan pull-out would be 'to our ultimate peril': Mattis

US Defense Secretary Jim Mattis warned Tuesday that an American withdrawal from Afghanistan would be "to our ultimate peril," as he briefed Congress on plans to increase US troop levels. "Based on intelligence community analysis and my own evaluation, I a
Published 04 Oct, 2017 12:00am
Evans given one-year ban after positive cocaine test

Evans given one-year ban after positive cocaine test

Britain's tennis player Dan Evans was hit with a one-year suspension on Tuesday after testing positive for cocaine in April. Evans, ranked 108th, failed the drug test at the Barcelona Open in April and went public with the result at an emotional press con
Published 04 Oct, 2017 12:00am
Serena may lack intimidation factor, says Evert
Kerb

Serena may lack intimidation factor, says Evert

New mother Serena Williams will lack some of her trademark intimidation factor when she returns to tennis, US great Chris Evert told AFP, warning that the 23-time Grand Slam-winner may find her comeback tough. Williams, who gave birth to a baby girl in Se
Published 04 Oct, 2017 12:00am
Sharapova relishing 'emotional' showdown

Sharapova relishing 'emotional' showdown

Maria Sharapova said Tuesday that her third-round China Open clash with world number two Simona Halep will help the Russian gauge her progress since returning from a 15-month doping ban. The former number one, on the comeback trail since April following t
Published 04 Oct, 2017 12:00am
Shahbaz felicitates boxer Wasim

Shahbaz felicitates boxer Wasim

Punjab Chief Minister Muhammad Shahbaz Sharif has congratulated Pakistani boxer Muhammad Wasim for his continuous success for the eighth time in the Silver Flyweight Championship of World Boxing Council. In his message of felicitation, Shahbaz has said th
Published 04 Oct, 2017 12:00am
'Very happy' Nadal survives Beijing scare

'Very happy' Nadal survives Beijing scare

World number one Rafael Nadal saved two match points to avoid a shock defeat in the first round of the China Open, seeing off Lucas Pouille in three sets on Tuesday. The Frenchman broke Nadal on the way to taking the first set 6-4, and the world number 23
Published 04 Oct, 2017 12:00am
Putin says 2018 World Cup venues on track despite delays

Putin says 2018 World Cup venues on track despite delays

Russian President Vladimir Putin said on Tuesday that some construction work on the 2018 World Cup stadiums remained behind schedule, but he was satisfied with the overall condition of the venues. "These delays are not critical, there is nothing terrible
Published 04 Oct, 2017 12:00am
Vaughan calls for culture change after Stokes incident

Vaughan calls for culture change after Stokes incident

Former England captain Michael Vaughan has called for a change in the culture of the national team after Ben Stokes' arrest on a night out. Stokes was arrested in Bristol on suspicion of causing actual bodily harm after getting into a fight in the early h
Published 04 Oct, 2017 12:00am
Essex pair Lawrence, Porter win awards

Essex pair Lawrence, Porter win awards

Dan Lawrence and Jamie Porter won Cricket Writers' Club awards for their key roles in Essex's County Championship triumph this season. Lawrence was voted the 2017 CWC Young Cricketer of the Year, while Porter earned the County Championship Player of the Y
Published 04 Oct, 2017 12:00am
Cricket and Jazz - a match made in heaven

Cricket and Jazz - a match made in heaven

Pakistan, today, is celebrating what can easily be called the revival of the golden days of cricket. With the World XI series recently hosted in the country, the embargo on international cricket has been lifted. This almost seems like a dream for Pakistan
Published 04 Oct, 2017 12:00am
FIFA punish Africans for World Cup offences

FIFA punish Africans for World Cup offences

FIFA have punished numerous African nations for offences during 2018 World Cup qualifiers last month, the world football body said Tuesday. Gabon forfeited by a mandatory 3-0 scoreline a match against Ivory Coast in Libreville for fielding suspended midfi
Published 04 Oct, 2017 12:00am
Fifth Brazil women's team player quits over firing of coach

Fifth Brazil women's team player quits over firing of coach

Brazilian Maurine on Monday became the fifth member of the women's national team to quit international football in protest at the removal of coach Emily Lima two weeks ago. "I was very upset with Emily's departure," the 31-year-old Maurine said in a messa
Published 04 Oct, 2017 12:00am
Aussie, kiwi slip
Currency

Aussie, kiwi slip

The Australian dollar slipped to three-month lows on Tuesday after the country's central bank held rates steady as expected and cautioned that a higher currency would drag on the economy and inflation. The Aussie was down 0.4 percent at $0.7793 against a
Published 04 Oct, 2017 12:00am
Sterling slips
Currency

Sterling slips

Sterling slipped to a three-week low on Tuesday after data showed construction sector activity tumbled in September, and as investors worried about political and economic uncertainty surrounding Britain's exit from the European Union. Brexit minister Davi
Published 04 Oct, 2017 12:00am
Sri Lankan rupee weakens
Currency

Sri Lankan rupee weakens

The Sri Lankan rupee closed weaker on Tuesday as dollar demand from importers surpassed the sales of the US currency by exporters and by banks due to inward remittances, dealers said. The spot rupee ended at 153.23/30 per dollar, compared with Monday's cl
Published 04 Oct, 2017 12:00am
Asian currencies on backfoot after upbeat US data
Currency

Asian currencies on backfoot after upbeat US data

Asian currencies weakened, with the Indonesian rupiah striking a 10-month low against a broadly stronger dollar, after a strong readiong for US factory activity bolstered expectations that US interest rates will rise by the year-end. The dollar index agai
Published 04 Oct, 2017 12:00am
Kazakh tenge extends losing streak
Currency

Kazakh tenge extends losing streak

The Kazakh tenge fell to a weighted average of 342.36 per a dollar, its lowest in 11 months, on the Kazakhstan Stock Exchange on Tuesday, from 341.24 the previous trading day. The oil-exporting Central Asian nation's currency has been volatile since Augus
Published 04 Oct, 2017 12:00am
Bangladesh's interbank forex rates

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Tuesday. 80.80-80.80 (previous 80.80-80.80).
Published 04 Oct, 2017 12:00am
Dollar gains against euro, yen in New York
Currency

Dollar gains against euro, yen in New York

The dollar gained against the euro and the yen on Monday as investors took a bullish view of the US economy, and as the single currency was hurt by a violence-marred independence vote in Spain's Catalonia region. The greenback was boosted by data showing
Published 04 Oct, 2017 12:00am
Early trade in New York: dollar softens against euro
Currency

Early trade in New York: dollar softens against euro

The dollar was slightly weaker against the euro on Tuesday as investors squared positions after a three week greenback rally, and before three days of heavy data culminating in Friday's employment report for September. Stronger US data along with the pros
Published 04 Oct, 2017 12:00am
Euro bounce deceptive in Europe as divergence trades bloom
Currency

Euro bounce deceptive in Europe as divergence trades bloom

The euro bounced from a six-week low on Tuesday as markets consolidated positions after a selloff, though investors grew cautious about the single currency's outlook in the coming months on rising political uncertainty in Europe. The unexpected outcome of
Published 04 Oct, 2017 12:00am
Dollar hits 1-1/2 months peak in Asia
Currency

Dollar hits 1-1/2 months peak in Asia

The dollar struck a 1-1/2-month high on Tuesday as Treasury yields rose after a strong reading for US manufacturing activity hardened expectations for US interest rates to rise by the year-end. The Australian dollar slipped to its lowest in more than two
Published 04 Oct, 2017 12:00am
Britain's FTSE gets leg-up from sterling slide

Britain's FTSE gets leg-up from sterling slide

Britain's top share index climbed to a near eight-week high on Tuesday, boosted by a slide in the pound after weaker construction sector activity and rumbling uncertainty over Brexit negotiations. The blue-chip FTSE 100 index ended the day up 0.4 percent,
Published 04 Oct, 2017 12:00am
Southeast Asian stocks: Philippines, Indonesia hit record highs

Southeast Asian stocks: Philippines, Indonesia hit record highs

Most Southeast Asian stock markets edged higher on Tuesday drawing confidence from overnight records on Wall Street, with the Philippine and Indonesian indexes hitting fresh closing highs. US stocks started the fourth quarter on a strong note on Monday, w
Published 04 Oct, 2017 12:00am
Australian shares slip; New Zealand edges up

Australian shares slip; New Zealand edges up

Australian shares ended lower on Tuesday with financial stocks the biggest drag as QBE Insurance tumbled after the company said rising disaster claims could hurt earnings and as a decline in the oil price hit energy firms. The S&P/ASX 200 index fell 0.5 p
Published 04 Oct, 2017 12:00am
European shares stay near highs as Spanish sell-off eases

European shares stay near highs as Spanish sell-off eases

European shares hovered around three-month highs on Tuesday as a sell-off in Spanish stocks eased and financials gained as Wall Street set fresh records. The pan-European STOXX 600 index ended the session up 0.2 percent, with Germany closed for a holiday.
Published 04 Oct, 2017 12:00am
Tokyo stocks at fresh two-year high

Tokyo stocks at fresh two-year high

Tokyo's benchmark stock index closed at its highest level in more than two years on Tuesday, as strong manufacturing data pointed to a strengthening US economy while a weaker yen boosted Japanese exporters. The Nikkei 225 index rose 1.05 percent, or 213.2
Published 04 Oct, 2017 12:00am
Treasury yields edge higher

Treasury yields edge higher

US Treasury yields rose on Monday in choppy trading, as Wall Street shares hit record highs and the dollar gained amid upbeat data on US manufacturing and construction spending that backed expectations of another rate increase before the end of the year.
Published 04 Oct, 2017 12:00am
Treasury yields edge higher

Treasury yields edge higher

US Treasury yields rose on Monday in choppy trading, as Wall Street shares hit record highs and the dollar gained amid upbeat data on US manufacturing and construction spending that backed expectations of another rate increase before the end of the year.
Published 04 Oct, 2017 12:00am
Hong Kong stocks surge

Hong Kong stocks surge

Hong Kong stocks jumped on Tuesday, led by mainland banks after China's central bank cut reserve ratios and as materials shares found support from economic data out of Beijing that showed stronger-than-expected factory activity. The blue chip Hang Seng in
Published 04 Oct, 2017 12:00am
Indian shares rise

Indian shares rise

Indian shares closed higher for a third straight session on Tuesday as automakers such as Tata Motors Ltd gained on strong monthly sales, while investors shifted their focus to the Reserve Bank of India's policy meeting on Wednesday. The BSE index rose 0.
Published 04 Oct, 2017 12:00am
Messages from Governor Sindh

Messages from Governor Sindh

It is heartening to know that the 5th FPCCI Achievement Awards are being organized by Federation of Pakistan Chambers of Commerce & Industry. Such awards promote competitiveness, confidence and recognition of talent of individuals who excelled in the fiel
Published 04 Oct, 2017 12:00am
Messages from Chief Minister Sindh

Messages from Chief Minister Sindh

The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) is organizing the 5th FPCCI achievement awards 2016 to recognize the outstanding achievements of individuals and firms for enhancing the insignia of Pakistan. The aim is to encourage and p
Published 04 Oct, 2017 12:00am
Messages from Chief Minister Balochistan

Messages from Chief Minister Balochistan

It gives me an enormous pleasure to learn that the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) is organizing the 5th FPCCI Achievement Awards, 2016 in the honour of individuals and organizations whose showed remarkable performance in
Published 04 Oct, 2017 12:00am
Messages from President FPCCI

Messages from President FPCCI

A Society must recognize the efforts and outstanding performances of individuals and entities in their respective fields. The Federation of Pakistan Chambers of Commerce & Industry being the apex representative body of the business community of Pakistan t
Published 04 Oct, 2017 12:00am
NICVD: Spreading hope for the people of Sindh at their doorstep

NICVD: Spreading hope for the people of Sindh at their doorstep

National Institute of Cardiovascular Diseases (NICVD), Karachi is a leading hospital in Pakistan established for the prevention, diagnosis, treatment and rehabilitation of patients with cardiovascular diseases. NICVD has treated the majority of heart dise
Published 04 Oct, 2017 12:00am
Executive Director, NICVD

Executive Director, NICVD

National Institute of Cardiovascular Diseases - NICVD's services encompass a unique and comprehensive multifaceted approach to the prevention and treatment of cardiovascular disease. We are determinedly endeavoring to excel in cardiovascular patient-care,
Published 04 Oct, 2017 12:00am
Jubilee General - Driven to be the best
Exchange

Jubilee General - Driven to be the best

Jubilee General Insurance Company Limited has entered its sixty fifth year of Operation marking a legacy of over six decade of living by its core values, namely; Teamwork, Integrity, Excellence and Passion. Since its establishment in 1953, JGI has maintai
Published 04 Oct, 2017 12:00am
ZRG - A brief profile
Exchange

ZRG - A brief profile

ZRG is a well-recognized leader in the CTI, Telephony and Customer interaction solutions. We have been around since 1994 and we bring an accomplishment-rich experience, an unmatched performance track and excellent market reference to the table.
Published 04 Oct, 2017 12:00am
South Asia poised to cash in on CPEC opportunity

South Asia poised to cash in on CPEC opportunity

History reveals that South Asia and China are closely associated with each particularly for trade and commerce activities. The oldest trading route Silk Route was the major link which has provided strong connection between South Asia and China. The reviva
Published 04 Oct, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 04 Oct, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 04 Oct, 2017 12:00am
State Bank of Pakistan conversion rates
Currency

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 04 Oct, 2017 12:00am
Barclays bid rates and maximum rates for payment of interest
Exchange

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 04 Oct, 2017 12:00am
Currency notes: exchange rates
Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Tuesday (October 03, 2017).

Published 04 Oct, 2017 12:00am
Previous Day
⇧