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Print - 2017-10-13
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (October 12, 2017).

Published 13 Oct, 2017 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (October 12, 2017).

Published 13 Oct, 2017 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (October 12, 2017).

Published 13 Oct, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (October 12, 2017).

Published 13 Oct, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (October 12, 2017).

Published 13 Oct, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (October 12, 2017).

Published 13 Oct, 2017 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (October 12, 2017).

Published 13 Oct, 2017 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (October 12, 2017).
Published 13 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 Thursday (October 12, 2017).

Published 13 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 13 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 13 Oct, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 13 Oct, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 13 Oct, 2017 12:00am
PMEX daily trading report
Exchange

PMEX daily trading report

On Wednesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,010. The traded value of Metals, Energy and COTS/FX was recorded at PKR 5.125 billion and the number of lots traded was 7,775. Major business was contributed by gold am
Published 13 Oct, 2017 12:00am
CBOT wheat futures lower on technical selling

CBOT wheat futures lower on technical selling

Chicago Board of Trade wheat futures closed lower on Tuesday, retreating from early advances on technical selling and disappointing weekly export data, traders said. CBOT December wheat settled down 3/4 cent at $4.35-1/4 per bushel.
Published 13 Oct, 2017 12:00am
Activities at Karachi and Qasim ports

Activities at Karachi and Qasim ports

The Karachi Port handled 192,649 tonnes of cargo comprising 147,699 tonnes of import cargo and 44,950 tonnes of export cargo including 6,433 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday. The total import cargo of 1
Published 13 Oct, 2017 12:00am
Brisk activity on quality factor
Cotton

Brisk activity on quality factor

Prices showed further gain on the cotton market on Thursday in the process of brisk activity, dealers said. The official spot rate extended overnight gains, rising Rs 50 to Rs 6150, they said. In the ready session, around 45,000 bales of cotton changed ha
Published 13 Oct, 2017 12:00am
Mills buying imparts firm tone to cotton market
Cotton

Mills buying imparts firm tone to cotton market

Regular and steady buying by the domestic mills has resulted in increase in cotton prices this week. Lint prices are reported to have increased by Rs 150 to Rs 200 per maund (37.32 Kgs), particularly for the higher grades in the ready market.
Published 13 Oct, 2017 12:00am
Mills buying imparts firm tone to cotton market
Cotton

Mills buying imparts firm tone to cotton market

Regular and steady buying by the domestic mills has resulted in increase in cotton prices this week. Lint prices are reported to have increased by Rs 150 to Rs 200 per maund (37.32 Kgs), particularly for the higher grades in the ready market.
Published 13 Oct, 2017 12:00am
Singapore Press Holdings to cut over 200 jobs

Singapore Press Holdings to cut over 200 jobs

Media company Singapore Press Holdings (SPH) said Wednesday it would cut 230 jobs by the end of the year as it accelerated a plan to lay off staff. Like other media organisations worldwide, SPH's core newspaper business has been hammered by the proliferat
Published 13 Oct, 2017 12:00am
Delta says it won't pay for US tariffs on Bombardier

Delta says it won't pay for US tariffs on Bombardier

Delta Air Lines won't pay more for Bombardier planes mired in a US-Canada trade dispute, but the controversy could delay delivery of the jets, the airliner's chief said Wednesday. "We will not pay those tariffs," said Delta chief executive Ed Bastian, who
Published 13 Oct, 2017 12:00am
South Africa falling off investors' radar: Templeton's Mobius
Exchange

South Africa falling off investors' radar: Templeton's Mobius

A soft stance on corruption, policy flip flops and rising government spending have pushed South Africa to the bottom of investment giant Franklin Templeton's list of emerging economies set to reap the rewards of investment in frontier markets. All three m
Published 13 Oct, 2017 12:00am
Canada home prices cool as housing slowdown takes hold

Canada home prices cool as housing slowdown takes hold

Canadian home resale prices in September staged their biggest fall in seven years, while new home prices were flat in August in the once red-hot markets of Toronto and Vancouver, adding to evidence that the country's housing boom continued to cool, data s
Published 13 Oct, 2017 12:00am
ECB reveals billions of profits from Greek debt
Currency

ECB reveals billions of profits from Greek debt

The European Central Bank earned 7.8 billion euros ($9.2 billion) of interest in 2012-16 on Greek debt it bought to shore up the fragile nation, a figure promising renewed tensions with eurozone partners. Some of the funds are still in limbo, despite the
Published 13 Oct, 2017 12:00am
Bharti Airtel acquires Tata Teleservices

Bharti Airtel acquires Tata Teleservices

Indian telecom giant Bharti Airtel is to acquire rival Tata Teleservices's struggling mobile business, the companies said Thursday, the latest move towards consolidation in the country's hyper-competitive phone market. In a joint statement the pair said B
Published 13 Oct, 2017 12:00am
US producer inflation, labour market strengthening

US producer inflation, labour market strengthening

US producer prices rose in September as the price of gasoline recorded its biggest gain in more than two years amid hurricane-related production disruptions at oil refineries in Texas. Other data on Thursday showed applications for unemployment benefits d
Published 13 Oct, 2017 12:00am
Bitcoin bursts through $5,000 for first time
Currency

Bitcoin bursts through $5,000 for first time

Bitcoin surged through the $5,000 level on Thursday for the first time since the launch of the unregulated virtual currency more than 8 years ago. The cryptocurrency struck a new record high of $5,183.97 around 0820 GMT according to financial data provide
Published 13 Oct, 2017 12:00am
Russia puts Crimea on new bank note

Russia puts Crimea on new bank note

Russia on Thursday presented a new bank note that shows images of Crimea, the Ukrainian peninsula annexed by Moscow in 2014. The note worth 200 rubles ($3.50) shows a naval memorial in the city of Sevastopol, where Russia's Black Sea fleet is based, and U
Published 13 Oct, 2017 12:00am
James Murdoch reelected Sky chairman

James Murdoch reelected Sky chairman

Shareholders at European pay-TV giant Sky voted in favour of re-electing James Murdoch as chairman on Thursday, despite concerns about his impartiality in the face of its possible takeover by his father Rupert Murdoch's 21st Century Fox. More than 78 perc
Published 13 Oct, 2017 12:00am
Macron launches second round of reforms

Macron launches second round of reforms

French President Emmanuel Macron launched round two of his ambitious domestic reform programme on Thursday, welcoming business leaders and trade unionists for talks about a highly sensitive overhaul of unemployment benefits. Fresh from pushing through maj
Published 13 Oct, 2017 12:00am
J.P Morgan Chase, Citigroup profits up

J.P Morgan Chase, Citigroup profits up

J.P Morgan Chase and Citigroup reported slightly higher profits Thursday due to increased lending and higher interest rates, opening third-quarter reporting season on a solid note. But revenues in some key markets divisions were again weak due to limited
Published 13 Oct, 2017 12:00am
J.P Morgan Chase, Citigroup profits up

J.P Morgan Chase, Citigroup profits up

J.P Morgan Chase and Citigroup reported slightly higher profits Thursday due to increased lending and higher interest rates, opening third-quarter reporting season on a solid note. But revenues in some key markets divisions were again weak due to limited
Published 13 Oct, 2017 12:00am
Global economy chiefs told to reform while going is good

Global economy chiefs told to reform while going is good

Finance chiefs from around the world were warned Thursday to get their houses in order while the global economy is strong and be ready for possible shocks in the future. World Bank President Jim Yong Kim and International Monetary Fund Managing Director C
Published 13 Oct, 2017 12:00am
Saudi index rebounds on insurers, QNB rises after earnings
Cotton

Saudi index rebounds on insurers, QNB rises after earnings

Saudi Arabia's stock market rebounded on Thursday as insurance stocks regained some strength, while Qatar's biggest bank edged up after it reported solid earnings. The main Saudi index, which had sunk 2.2 percent on Wednesday, rose 1.4 percent to 6,988 po
Published 13 Oct, 2017 12:00am
Tokyo stocks at fresh two-decade highs

Tokyo stocks at fresh two-decade highs

Tokyo stocks ended at fresh two-decade highs Thursday after new records on Wall Street and as surveys point to a victory for the ruling party in Japan's elections, while scandal-hit Kobe Steel recovered moderately after two days of heavy selling. The Nikk
Published 13 Oct, 2017 12:00am
Wall Street ticks higher to record close; eyes on earnings, Fed
Exchange

Wall Street ticks higher to record close; eyes on earnings, Fed

Major stock indexes edged up to post record closing highs on Wednesday with sector moves in the S&P 500 showing preference toward so-called defensive stocks. While Wall Street reaction was muted to minutes of the most recent Federal Reserve policy meeting
Published 13 Oct, 2017 12:00am
Hong Kong stocks up

Hong Kong stocks up

Hong Kong stocks ended higher on Thursday, tracking the global rally in equities and led higher by financial firms, which tracked gains in mainland peers and helped mitigate losses in energy shares. The Hang Seng index rose 0.2 percent, to 28,459.03 point
Published 13 Oct, 2017 12:00am
Treasury prices little changed

Treasury prices little changed

US Treasury prices were little changed on Wednesday after minutes from the Federal Reserve's September meeting were in line with expectations and after the Treasury Department saw solid demand for three-year and 10-year note supply. Fed policymakers had a
Published 13 Oct, 2017 12:00am
Treasury prices little changed

Treasury prices little changed

US Treasury prices were little changed on Wednesday after minutes from the Federal Reserve's September meeting were in line with expectations and after the Treasury Department saw solid demand for three-year and 10-year note supply. Fed policymakers had a
Published 13 Oct, 2017 12:00am
Australian, New Zealand shares move higher

Australian, New Zealand shares move higher

Broad-based gains led by financials helped Australian shares end at an eight-week high on Thursday, offsetting losses in mining stocks as iron ore prices sagged. Australia's benchmark S&P/ASX 200 index rose 0.4 percent, or 22.355 points, to close at 5,794
Published 13 Oct, 2017 12:00am
China stocks mixed

China stocks mixed

China's major indexes were mixed on Thursday, as gains in financial stocks offset losses in resources firms after Beijing vowed to curb pollution throughout winter. The blue-chip CSI300 index rose 0.3 percent, to 3,912.95 points, while the Shanghai Compos
Published 13 Oct, 2017 12:00am
Record-breaking German stock index tops 13,000 points

Record-breaking German stock index tops 13,000 points

Germany's stocks benchmark index DAX rose above 13,000 points for the first time in its 30-year history on Thursday, as relatively attractive valuations and optimism about global economic growth continued to lure investors. The export-oriented index, the
Published 13 Oct, 2017 12:00am
Indian shares rise

Indian shares rise

Indian shares extended gains on Thursday with the NSE index clocking its biggest percentage gain since May 25 as excitement builds up ahead of some key quarterly results including that from Tata Consultancy Services. The broader NSE index ended up 1.12 pe
Published 13 Oct, 2017 12:00am
Most Southeast Asian stocks climb

Most Southeast Asian stocks climb

Most Southeast Asian stock markets rose on Thursday, in line with Asia, after the US Federal Reserve showed a guarded view towards inflation. Fed policymakers had a prolonged debate about the prospects of a pickup in inflation and the path of future inter
Published 13 Oct, 2017 12:00am
Record close for FTSE as sterling slides on Brexit impasse

Record close for FTSE as sterling slides on Brexit impasse

Britain's top share index enjoyed a record close on Thursday, boosted by a fresh fall in Brexit bellwether sterling after the European Union's chief negotiator Michel Barnier said talks are in deadlock. Britain's FTSE 100 ended the day up 0.3 percent, at
Published 13 Oct, 2017 12:00am
Dollar slips in Asia
Currency

Dollar slips in Asia

The dollar hit a two-week low versus a basket of currencies on Thursday after minutes from the US Federal Reserve's latest meeting suggested some central bankers are still concerned about persistently low inflation. The dollar index, which measures the gr
Published 13 Oct, 2017 12:00am
Dollar struggles in Europe after cautious Fed minutes
Currency

Dollar struggles in Europe after cautious Fed minutes

The dollar struggled near a two-week low on Thursday as minutes of the last US Federal Reserve meeting raised expectations that future interest rate increases would be limited after policymakers revealed a more cautious outlook towards inflation.
Published 13 Oct, 2017 12:00am
Dollar falls against basket of currencies in New York
Currency

Dollar falls against basket of currencies in New York

The dollar fell on Wednesday to a two-week low against a basket of currencies, as the US Federal Reserve's latest minutes hinted policy-makers are open to an interest rate increase in December despite concerns about weak inflation. Several Fed officials e
Published 13 Oct, 2017 12:00am
Sri Lankan rupee weakens
Currency

Sri Lankan rupee weakens

The Sri Lankan rupee ended weaker for the fourth consecutive session on Thursday as banks bought dollars on behalf of state-run Ceylon Petroleum Corp, which stocked up crude ahead of an expected fuel price hike, dealers said. The spot rupee ended at 153.7
Published 13 Oct, 2017 12:00am
Asian currencies creep up

Asian currencies creep up

Asian currencies were most higher on Thursday as uncertainty over the US inflation outlook weighed on the dollar. Minutes of the US central bank's latest policy meeting shed light on growing concerns over the persistently low inflation in the US economy a
Published 13 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 Wednesday. 80.80-80.80 (previous 80.80-80.80).
Published 13 Oct, 2017 12:00am
Sterling long bets under pressure as Brexit noises grow
Currency

Sterling long bets under pressure as Brexit noises grow

Britain's pound steadied on Wednesday, holding just above a one-month low hit as investors grew concerned on whether entrenched expectations of higher UK interest rates were reasonable given a backdrop of uncertain Brexit negotiations. Noises around Brexi
Published 13 Oct, 2017 12:00am
Aussie, kiwi up

Aussie, kiwi up

The Australian and New Zealand dollars rose on Thursday as the greenback stumbled to two-week lows after minutes of the US Federal Reserve meeting showed many officials expressed concerns that soft inflation might not be transitory. The worries about stub
Published 13 Oct, 2017 12:00am
Stokes will speak at 'right time'

Stokes will speak at 'right time'

Ben Stokes is waiting until "the time is right" before explaining the violent incident that cost him his place in England's Ashes squad, his agent said on Thursday. The talismanic all-rounder, 26, was arrested on suspicion of actual bodily harm after an a
Published 13 Oct, 2017 12:00am
England can't win Ashes without Stokes, says Waugh

England can't win Ashes without Stokes, says Waugh

Test great Steve Waugh says England can't win the Ashes without Ben Stokes and the bad boy allrounder would have been dumped immediately if he was Australian. England vice-captain Stokes was arrested last month in Britain on suspicion of causing actual bo
Published 13 Oct, 2017 12:00am
ICC urges higher pay to stop women leaving game

ICC urges higher pay to stop women leaving game

A top ICC official has urged cricket bodies around the world to follow Australia's lead and dramatically raise wages for women's players to stop them dropping out of the sport. Clare Connor, the former England captain who now heads the International Crick
Published 13 Oct, 2017 12:00am
Tearful Wozniacki and top seed Svitolina pull out injured in Hong Kong

Tearful Wozniacki and top seed Svitolina pull out injured in Hong Kong

Defending champion Caroline Wozniacki and world number four Elina Svitolina both withdrew from the Hong Kong Open with injuries Thursday, leaving the WTA event devastated after a spate of pre-tournament pullouts and early big name exits. A tearful third s
Published 13 Oct, 2017 12:00am
Nehra to quit internationals, IPL

Nehra to quit internationals, IPL

Indian fast bowler Ashish Nehra Thursday announced his retirement from international cricket and the Indian Premier League on Thursday after an injury-plagued career. Nehra, 38, who is part of India's Twenty20 squad in the ongoing series against Australia
Published 13 Oct, 2017 12:00am
Sharapova storms into Tianjin quarter-finals

Sharapova storms into Tianjin quarter-finals

Maria Sharapova surged into the Tianjin Open quarter-finals on Thursday as she pursues her first tournament victory since her return from a doping ban. The Russian former world number one defeated Magda Linette of Poland 7-5, 6-3 and will play Swiss quali
Published 13 Oct, 2017 12:00am
Nadal and Federer on collision course in Shanghai

Nadal and Federer on collision course in Shanghai

Rafael Nadal and Roger Federer breezed into the quarter-finals of the Shanghai Masters on Thursday and Juan Martin del Potro defeated racquet-smashing Alexander Zverev. World number one Nadal blew away Fabio Fognini in 63 minutes and plays sixth seed Grig
Published 13 Oct, 2017 12:00am
China drafts in foreign referees to halt controversies
Exchange

China drafts in foreign referees to halt controversies

The Chinese FA said Thursday it will bring in foreign referees to officiate selected Super League games starting this weekend and later introduce the use of video replay in response to recent pitch controversies. Swedish referee Jonas Eriksson will overse
Published 13 Oct, 2017 12:00am
Pakistan hope to overcome Sri Lanka in change of format

Pakistan hope to overcome Sri Lanka in change of format

Pakistan are counting on a change in format and players to overcome a resurgent Sri Lanka in the five-match one-day series starting in Dubai from Friday. Pakistan were upset 2-0 in the preceding Test series but they are hoping to change their fortunes and
Published 13 Oct, 2017 12:00am
Brexit talks in 'disturbing deadlock': EU's Barnier

Brexit talks in 'disturbing deadlock': EU's Barnier

Britain and the EU are stuck in a "disturbing" deadlock over the Brexit divorce bill, though a breakthrough remains possible in the next two months, EU negotiator Michel Barnier said Thursday. The stalemate will stoke fears swirling in London and Brussels
Published 13 Oct, 2017 12:00am
Spain marks national day with show of unity in Catalan crisis

Spain marks national day with show of unity in Catalan crisis

Spain celebrated its national day Thursday with a show of unity in the face of Catalan independence efforts, a day after the central government gave the region's separatist leader a deadline to abandon his secession bid. But events were overshadowed when
Published 13 Oct, 2017 12:00am
Kenya bans opposition protests as election crisis deepens

Kenya bans opposition protests as election crisis deepens

Kenya's government on Thursday banned protests in main city centres, citing lawlessness during opposition rallies against the electoral commission ahead of a scheduled presidential poll re-run. The move comes as opposition leader Raila Odinga called for d
Published 13 Oct, 2017 12:00am
Bangladesh bans three charities from giving Rohingya aid

Bangladesh bans three charities from giving Rohingya aid

Bangladesh has banned three Islamic charities from working with Rohingya refugees, a lawmaker said Thursday, amid concerns displaced Muslims in camps along its border could be radicalized. Mahjabeen Khaled, an MP from the ruling Awami League, said the int
Published 13 Oct, 2017 12:00am
Moscow accuses US of 'quietly' adding troops in Eastern Europe

Moscow accuses US of 'quietly' adding troops in Eastern Europe

Russia's defence ministry on Thursday accused the US of adding troops in Poland in violation of an agreement between Moscow and Nato, a charge the military alliance denied. A set of US troops were sent to replace another group of soldiers in Poland but th
Published 13 Oct, 2017 12:00am
Floods, landslides kill 37 in Vietnam, scores missing

Floods, landslides kill 37 in Vietnam, scores missing

At least 37 people have died and another 40 are missing as floods and landslides ravage north and central Vietnam, destroying homes and leaving rescuers scrambling to find survivors, disaster officials said Thursday. Tens of thousands were evacuated after
Published 13 Oct, 2017 12:00am
Moscow assails US over flag removals amid consulate dispute

Moscow assails US over flag removals amid consulate dispute

Moscow has lodged a protest with Washington over the removal of Russian flags from two of its closed diplomatic missions in the United States, the foreign ministry said Thursday. "Yesterday we learned about a new hostile act of the US authorities against
Published 13 Oct, 2017 12:00am
North Korea says Trump has 'lit fuse of war'

North Korea says Trump has 'lit fuse of war'

US President Donald Trump "lit the fuse of war" against North Korea with his provocative comments to the United Nations last month, North Korea's foreign minister has told the Russian TASS news agency. Trump has engaged in an escalating war of words with
Published 13 Oct, 2017 12:00am
Liberians await delayed results for new president

Liberians await delayed results for new president

Liberia on Thursday awaited the delayed announcement of the outcome of presidential elections as international observers called for the results to be released promptly to avoid stoking tension. Political parties have expressed concern over polling-day hit
Published 13 Oct, 2017 12:00am
UAE stops issuing visas to North Koreans

UAE stops issuing visas to North Koreans

The United Arab Emirates on Thursday announced it had stopped issuing visas to North Korean nationals and downgraded diplomatic relations with Pyongyang, following similar moves by Kuwait and Qatar. The UAE government ended the mission of its non-resident
Published 13 Oct, 2017 12:00am
Hamas, Fatah sign deal on Palestinian reconciliation

Hamas, Fatah sign deal on Palestinian reconciliation

Rival Palestinian factions Hamas and Fatah signed an agreement Thursday on ending a decade-long split following talks mediated by Egypt in Cairo, with president Mahmud Abbas calling it a "final" accord. Under the agreement, the West Bank-based Palestinian
Published 13 Oct, 2017 12:00am
New York cotton futures ease
Cotton

New York cotton futures ease

ICE cotton futures edged lower on Wednesday as the market awaited a closely watched monthly crop supply and demand report, which is expected to reflect damages from the recent hurricanes in the United States. Cotton contracts for December settled down 0.2
Published 13 Oct, 2017 12:00am
Shanghai copper climbs
Exchange

Shanghai copper climbs

Shanghai Futures Exchange copper climbed 1.9 percent to 53,210 yuan ($8,084) a tonne on Thursday after earlier climbing as far as 53,350 yuan. That was near last month's 4-1/2-year high above 53,750 yuan. Shanghai nickel climbed 3 percent. "Nickel has con
Published 13 Oct, 2017 12:00am
Copper hits one-month high on optimism over China demand
Exchange

Copper hits one-month high on optimism over China demand

Copper prices hit their highest in more than a month on Thursday as optimism over the demand outlook from major consumer China fuelled buying. Solid demand in China has opened the "arbitrage window" for copper imports, traders said. Premiums for copper he
Published 13 Oct, 2017 12:00am