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May 14, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2017-10-24
Nikkei index posts longest-ever winning streak

Nikkei index posts longest-ever winning streak

Tokyo's Nikkei 225 index on Monday posted the longest winning streak in its nearly 70-year history as markets cheered the weekend election victory of Japan's pro-business prime minister. The benchmark index rose 1.11 percent, or 239.01 points, to end the
Published 24 Oct, 2017 12:00am
Senate body passes three bills with majority vote

Senate body passes three bills with majority vote

The Senate Standing Committee on Interior Monday passed three bills with majority vote including 'The Child Marriage Restraint (Amendment) Bill, 2017,' 'The Prevention of Witchcraft Bill, 2017' and 'The Criminal Laws (Amendment) Bill, 2017.'
Published 24 Oct, 2017 12:00am
KP Assembly passes three resolutions

KP Assembly passes three resolutions

The Khyber Pakhtunkhwa Assembly Monday passed three resolutions including one call for the promotion of tree plantation at school level in the province. The resolution regarding forestation was moved by Amna Sardar of Pakistan Muslim League (PML-N) was al
Published 24 Oct, 2017 12:00am
NA-4 by-poll: ECP asks candidates to follow law provisions

NA-4 by-poll: ECP asks candidates to follow law provisions

The Election Commission of Pakistan (ECP) has asked the political parties and the candidates of by-election of NA-4 Peshawar-IV to follow the provisions of law and exercise self-restraint to hold the poll in an orderly and peaceful manner on October 26. A
Published 24 Oct, 2017 12:00am
MQM-P fears it will lose Senate seats

MQM-P fears it will lose Senate seats

Muttahida Qaumi Movement-Pakistan (MQM-P) leadership fears to lose its Senate seats in March 2018 Senate elections with five of its elected MPAs having joined rival Pak Sarzameen Party (PSP). Sources in the party told Business Recorder that more me
Published 24 Oct, 2017 12:00am
PWF demands compensation for families of deceased mines workers

PWF demands compensation for families of deceased mines workers

Pakistan Workers Federation (PWF) provincial president Razim Khan has expressed grave concern over the missing of mine workers in Quetta and urged government to ensure early recovery of the labourers from debris and compensation for heirs of the deceased
Published 24 Oct, 2017 12:00am
Nawaz Sharif in Jeddah for Umrah

Nawaz Sharif in Jeddah for Umrah

After a change in plans for the second time, former prime minister Nawaz Sharif reached Saudi Arabia from London on Monday. He will now return to Pakistan after a two-day stay in the kingdom, sources informed on Monday. The change in plans came on Sunday
Published 24 Oct, 2017 12:00am
Seven killed as roofs collapse in Bajaur Agency

Seven killed as roofs collapse in Bajaur Agency

At least seven people were killed and six others injured when roofs of two houses collapsed in Bajaur Agency of the Federally Administered Tribal Agency (FATA) on Monday morning.
Published 24 Oct, 2017 12:00am
Man held for impersonating traffic warden

Man held for impersonating traffic warden

The city police have arrested a man for impersonating a traffic warden near Lahore's Gulshan-e-Ravi Toll Plaza, officials said on Monday. A police spokesman said the accused, identified as Hafiz Muhammad Azam, has been handed over to the local police afte
Published 24 Oct, 2017 12:00am
Pakistan, EFTA states agree to explore bilateral trade, investment

Pakistan, EFTA states agree to explore bilateral trade, investment

Pakistan and European Free Trade Association (EFTA) states agreed to explore future bilateral trade and investment opportunities. The first meeting of the Joint Committee of Pakistan and EFTA member states was held in Geneva on 23rd October, 2017, accordi
Published 24 Oct, 2017 12:00am
Haroon assures LCCI of review of RD on imports

Haroon assures LCCI of review of RD on imports

Prime Minister's Special Assistant on Revenue Haroon Akhter Khan has promised to review the issue of regulatory duty on imports. He was talking to a six-member delegation of the Lahore Chamber of Commerce and Industry (LCCI) led by its president Malik Tah
Published 24 Oct, 2017 12:00am
New horizons at ICEL 2017

New horizons at ICEL 2017

A galaxy of international icons and national luminaries from various industries converged recently at the Institute of Business Management (IoBM) to attend the International Conference on Experiential Learning (ICEL) 2017, according to the IoBM Public Aff
Published 24 Oct, 2017 12:00am
Cruel game has been played with country's economy, says Shahbaz

Cruel game has been played with country's economy, says Shahbaz

Punjab Chief Minister Muhammad Shehbaz Sharif Monday said that a cruel game has been played with the country's economy in the backdrop of plunder of resources and sit-ins. "The elements playing cruelty with the destiny of the nation does not want national
Published 24 Oct, 2017 12:00am
Major Programme Management Support Project launched

Major Programme Management Support Project launched

The Punjab government has started "Major Programme Management Support Project-Stage 1" to improve the skills of people, systems and procedures adopted in P&D and its attached departments to turn it into a modern, robust and dynamic organization. M/s Price
Published 24 Oct, 2017 12:00am
Appointment of Punjab chief information commissioner challenged

Appointment of Punjab chief information commissioner challenged

A senior bar member has approached the Lahore High court against appointment of PML-N's loyalist Naseer Ahmad Bhutta as Punjab chief information commissioner. Chaudhry Shoaib Saleem submitted in his petition that appointment of senior advocate and former
Published 24 Oct, 2017 12:00am
Dil Jan Foundation chairman meets PM

Dil Jan Foundation chairman meets PM

Chairman of Dil Jan Foundation, Dil Jan Khan called on Prime Minister Shahid Khaqan Abbasi here on Monday. During the meeting, he informed the prime minister about services being rendered by the Foundation in the fields of health, education and service to
Published 24 Oct, 2017 12:00am
State institution: Maryam says constitutional limits must be respected

State institution: Maryam says constitutional limits must be respected

Former prime minister Nawaz Sharif's daughter Maryam Nawaz said on Monday that there must be respect for constitutional and legal limits of every state institution. "It is appropriate that state institutions must stay within their constitutional limits,"
Published 24 Oct, 2017 12:00am
UNODC sets up global eLearning centre for Punjab Police

UNODC sets up global eLearning centre for Punjab Police

The United Nations Office on Drugs & Crime (UNODC) has established its 9th Global eLearning Center for Punjab Police at Sahiwal Regional Training Centre to enhance core policing and law enforcement skills of its officers along international standards. It
Published 24 Oct, 2017 12:00am
Launching ceremony of Dolphin Force held at Police lines

Launching ceremony of Dolphin Force held at Police lines

The Dolphin Force, an elite security unit consists of 110 motorbikes & 220 equipped policemen have started work in Faisalabad to control street crimes, here Monday. In this connection the launching ceremony of Dolphin force was held at Police lines. Provi
Published 24 Oct, 2017 12:00am
PBIT hosts first Roundtable Dialogue for Incubators

PBIT hosts first Roundtable Dialogue for Incubators

Punjab Board of Investment & Trade hosted the first roundtable Dialogue on Monday as an initiative to get all the stakeholders on board and invited the attendees to apprise PBIT of the challenges incubators and start-ups face.
Published 24 Oct, 2017 12:00am
Biafo Industries Limited
Mutual Funds

Biafo Industries Limited

Biafo Industries Limited (PSX: BIFO) was incorporated in 1988 and began commercial production in 1994. It manufactures commercial explosives and blasting accessories, including detonators and other materials. Its main offering is Tovex, which is a water g
Published 24 Oct, 2017 12:00am
Biafo Industries Limited
Mutual Funds

Biafo Industries Limited

Biafo Industries Limited (PSX: BIFO) was incorporated in 1988 and began commercial production in 1994. It manufactures commercial explosives and blasting accessories, including detonators and other materials. Its main offering is Tovex, which is a water g
Published 24 Oct, 2017 12:00am
Elections Amendment Bill is full of flaws: Baloch

Elections Amendment Bill is full of flaws: Baloch

Secretary General of Jamaat-e-Islami, Liaquat Baloch has said that the Elections Amendment Bill that had been hurried through in the parliament by the government was full of flaws in many respects and would fail to ensure fair, free and transparent electi
Published 24 Oct, 2017 12:00am
Nawaz will return tomorrow

Nawaz will return tomorrow

Former Prime Minister Nawaz Sharif would return to country tomorrow to pursue the cases against him in the accountability court, party sources said. Party insiders said that Nawaz Sharif will be staying in Saudi Arabia where he would perform Umrah along w
Published 24 Oct, 2017 12:00am
US MIDDAY: spot gold prices pare losses

US MIDDAY: spot gold prices pare losses

Gold prices touched an over two-week low on Monday before paring losses as chart signals helped offset pressure from a stronger dollar and an early advance in equities. Spot gold was down 0.01 percent at $1,280.43 per ounce by 2:53 p.m. EDT (1853 GMT), pa
Published 24 Oct, 2017 12:00am
China's refined copper output highest since Dec 2014

China's refined copper output highest since Dec 2014

China's refined copper output in September rose by 6.8 percent from a year ago to its highest level since December 2014, the National Bureau of Statistics (NBS) said on Monday. Refined copper production was 774,000 tonnes last month, up 3.3 percent from 7
Published 24 Oct, 2017 12:00am
Gold slips in Europe

Gold slips in Europe

Gold hit a more than two-week low on Monday as expectations that Japan's ultra-loose monetary policy would stay in place after Prime Minister Shinzo Abe's election victory at the weekend lifted the dollar to a three-month high versus the yen. Abe's win al
Published 24 Oct, 2017 12:00am
Gold tumbles in Asia

Gold tumbles in Asia

Gold hit its lowest in over two weeks on Monday, as the dollar climbed to a three-month high versus the yen after Japan's ruling bloc scored a big win in Sunday's election, leaving the door open to ultra-loose monetary policy for longer. Spot gold was dow
Published 24 Oct, 2017 12:00am
Palm oil soars
Vegetable Oil

Palm oil soars

Malaysian palm oil futures climbed 1.7 percent on Monday, tracking gains in soyabean oil and other edible oil contracts on the Dalian Commodity Exchange. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange rose
Published 24 Oct, 2017 12:00am
Oil steadies, supported by Iraq disruptions and drop in US rigs

Oil steadies, supported by Iraq disruptions and drop in US rigs

Oil prices were little changed on Monday as supply disruptions in Iraq dented exports by OPEC's second-largest producer and US drilling rates showed a slowdown. Oil exports from southern Iraq have fallen by 110,000 barrels per day this month, according to
Published 24 Oct, 2017 12:00am
Zinc, copper up
Exchange

Zinc, copper up

Zinc prices rose on Monday after data showed output in China slipped in September, highlighting worries that winter production cuts are tightening supplies of metals.
Published 24 Oct, 2017 12:00am
Five-month battle with IS ends in Philippine city: defence chiefs

Five-month battle with IS ends in Philippine city: defence chiefs

A five-month battle against Islamic State supporters in the southern Philippines that claimed more than 1,100 lives has ended following a final battle inside a mosque, defence chiefs said on Monday. The conclusion of the conflict ended immediate fears tha
Published 24 Oct, 2017 12:00am
New London pollution tax comes into force

New London pollution tax comes into force

Drivers of the most polluting vehicles face an extra daily charge for driving into central London under a scheme introduced Monday that aims to improve air quality in one of Europe's most polluted cities. London Mayor Sadiq Khan claimed that with the roll
Published 24 Oct, 2017 12:00am
AC/DC producer, Australian music pioneer dies

AC/DC producer, Australian music pioneer dies

Australian music pioneer George Young, a driving force behind AC/DC which was fronted by his brothers Angus and Malcolm, has died aged 70, the band and his publishing house said Monday.
Published 24 Oct, 2017 12:00am
Trump may not visit Korea DMZ

Trump may not visit Korea DMZ

President Donald Trump may not visit the demilitarized zone between North and South Korea when he travels to Asia early next month, the White House said Monday. Most previous US presidents have visited the eerie sliver of land that separates US and South
Published 24 Oct, 2017 12:00am
Nine killed in south Yemen attack on military base

Nine killed in south Yemen attack on military base

Four Yemeni soldiers and five assailants were killed in an attack on a military base in the southern province of Abyan on Monday, a security source said. A car rigged with explosives carrying five men pulled up to a military base in the district of Mudiya
Published 24 Oct, 2017 12:00am
Tillerson in surprise visit to Afghanistan

Tillerson in surprise visit to Afghanistan

Secretary of State Rex Tillerson renewed US support for Afghanistan in a surprise visit Monday, days after the Taliban launched a spate of attacks they described as a "message" to America.
Published 24 Oct, 2017 12:00am
Iraq rebuffs US on Shia militias

Iraq rebuffs US on Shia militias

Iraq on Monday rebuffed a US demand that Iranian militias leave the country, insisting that the paramilitary forces which helped it defeat the Islamic State group consist solely of Iraqi nationals. "Nobody has the right to interfere in Iraqi affairs," the
Published 24 Oct, 2017 12:00am
Nations pledge $340 million to Rohingya response

Nations pledge $340 million to Rohingya response

Nations have pledged $340 million (290 million euros) to care for Myanmar's Rohingya refugees in Bangladesh, an "encouraging" step in the response to the intensifying crisis, the UN said Monday. Many of the funds for the minority Muslim group, who have fl
Published 24 Oct, 2017 12:00am
Macri pledges to press on with Argentina reforms

Macri pledges to press on with Argentina reforms

Argentina's President Mauricio Macri pledged Monday to press ahead with an austerity drive in Latin America's third-largest economy, following a sweeping victory in mid-term elections. Macri told a news conference at his Casa Rosada presidential palace in
Published 24 Oct, 2017 12:00am
Catalan separatists vow 'civil disobedience' in standoff with Madrid

Catalan separatists vow 'civil disobedience' in standoff with Madrid

Catalan separatists Monday threatened "mass civil disobedience" if Madrid carries out threats to depose their leaders, as tensions mounted over a bid to sever the region from Spain. Attitudes hardened at the start of a make-or-break week for Spain's deepe
Published 24 Oct, 2017 12:00am
Abe aims at North Korea after storming to 'super-majority' vote win

Abe aims at North Korea after storming to 'super-majority' vote win

Japanese Prime Minister Shinzo Abe pledged Monday to work with the US, China and Russia to contain North Korea's nuclear threat with "strong, resolute diplomacy", as he "humbly" accepted his landslide victory in a snap election. Fresh from clinching a two
Published 24 Oct, 2017 12:00am
Shinwari leads Pakistan's whitewash of Sri Lanka

Shinwari leads Pakistan's whitewash of Sri Lanka

Left-arm paceman Usman Shinwari destroyed Sri Lanka with a five-wicket burst to help Pakistan achieve a convincing nine-wicket win in the fifth and final match for a 5-0 clean sweep of the series on Monday. Shinwari's 5-34 in seven overs reduced Sri Lanka
Published 24 Oct, 2017 12:00am
Kiwi, Aussie slip
Currency

Kiwi, Aussie slip

The New Zealand dollar skidded to a five-month trough on Monday on concerns the incoming Labour coalition would introduce curbs on immigration and foreign investment, while the Australian dollar slipped to 1-1/2 week lows. The New Zealand currency fell fo
Published 24 Oct, 2017 12:00am
Sterling steadies around $1.32 as Fed chair race in focus
Currency

Sterling steadies around $1.32 as Fed chair race in focus

The British pound steadied to around $1.32 on Monday, with any optimism around progress in Brexit talks being overshadowed by a dollar boosted by speculation about a more hawkish chair of the US Federal Reserve. British Prime Minister Theresa May said on
Published 24 Oct, 2017 12:00am
Asian currencies largely lower
Currency

Asian currencies largely lower

Most emerging Asian currencies started the week on a bearish note as investors focused on the greenback, hoisted up by the US Senate's approval of a budget blueprint that helped tax reforms gain momentum. US President Donald Trump's plans of implementing
Published 24 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 Monday. 80.85-80.85 (previous 80.85-80.85).
Published 24 Oct, 2017 12:00am
China's yuan eases
Currency

China's yuan eases

China's yuan fell against the US dollar on Monday after a weaker midpoint fixing and as the dollar gained traction on growing prospects over US tax reforms. Prior to market opening on Monday, the People's Bank of China lowered its official yuan midpoint t
Published 24 Oct, 2017 12:00am
Dollar climbs against yen in Europe on Abenomics triumph
Currency

Dollar climbs against yen in Europe on Abenomics triumph

The dollar touched a three-month high against the yen on Monday, as investors bet an emphatic election victory for Japan's ruling party would see a continuation of "Abenomics", the ultra-loose policies that have kept downward pressure on the yen. The gree
Published 24 Oct, 2017 12:00am
Early trade in New York: dollar hits three-month high against yen

Early trade in New York: dollar hits three-month high against yen

The dollar touched a three-month high against the yen on Monday, as investors bet the overwhelming election victory for Japan's ruling party would mean a continuation of "Abenomics," the ultra-loose policies that have kept downward pressure on the yen.
Published 24 Oct, 2017 12:00am
Dollar rises in Asia
Currency

Dollar rises in Asia

The dollar touched a three-month high against the yen on Monday, with an emphatic election victory for Japan's ruling party keeping yen-weakening stimulus measures at the heart of government policy. Prime Minister Shinzo Abe's ruling party scored a big wi
Published 24 Oct, 2017 12:00am
Sri Lankan rupee weakens
Currency

Sri Lankan rupee weakens

The Sri Lankan rupee ended weaker on Monday, as demand for the US dollar by importers surpassed mild exporter selling of the greenback, dealers said. The rupee came under pressure early this month due to dollar demand from state-run Ceylon Petroleum Corp
Published 24 Oct, 2017 12:00am
Australian shares lose steam

Australian shares lose steam

Australian shares snapped their biggest winning streak in almost three years on Monday, ending lower as property stocks weighed and financials stocks surrendered early gains following their recent run higher.
Published 24 Oct, 2017 12:00am
European stocks hold firm as banks and Spanish shares fall

European stocks hold firm as banks and Spanish shares fall

European shares edged higher on Monday, though banks weighed and Madrid's bourse lagged peers as Catalonia's political crisis deepened. The pan-European STOXX 600 index ended the session 0.2 percent higher, while Spain's benchmark IBEX fell 0.6 percent, w
Published 24 Oct, 2017 12:00am
Abe's election win reassures bond investors in key ECB week

Abe's election win reassures bond investors in key ECB week

Eurozone borrowing costs fell on Monday as a big win for Japanese Prime Minister Shinzo Abe's ruling bloc in a national election gave the green light for a continuation of hyper-easy monetary policy in the world's third largest economy.
Published 24 Oct, 2017 12:00am
Abe's election win reassures bond investors in key ECB week

Abe's election win reassures bond investors in key ECB week

Eurozone borrowing costs fell on Monday as a big win for Japanese Prime Minister Shinzo Abe's ruling bloc in a national election gave the green light for a continuation of hyper-easy monetary policy in the world's third largest economy.
Published 24 Oct, 2017 12:00am
Southeast Asian stocks subdued; Singapore pares gains
Exchange

Southeast Asian stocks subdued; Singapore pares gains

Singapore shares closed slightly higher on Monday after earlier touching a more than two-year peak, as data showed consumer prices in September rose in line with expectations, while other stock markets in the region were largely subdued.
Published 24 Oct, 2017 12:00am
Hong Kong shares lower

Hong Kong shares lower

Hong Kong stocks fell on Monday, led by banking and property shares, amid concerns of slowing economic growth in China, where government curbs are hurting real estate sales.
Published 24 Oct, 2017 12:00am
Sri Lankan shares steady

Sri Lankan shares steady

Sri Lankan shares ended little changed on Monday, hovering near a two-week low hit last week, as investors waited for direction from upcoming corporate results and the national budget next month, brokers said.
Published 24 Oct, 2017 12:00am
Monday's early afternoon trade: losses in GE keep Wall Street in check

Monday's early afternoon trade: losses in GE keep Wall Street in check

US stocks traded in a narrow range on Monday, with losses in industrial shares led by GE offsetting gains in healthcare and technology sectors. General Electric was on track to post its worst single-day loss in more than six years, after a bunch of broker
Published 24 Oct, 2017 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (October 23, 2017).
Published 24 Oct, 2017 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (October 23, 2017).

Published 24 Oct, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (October 23, 2017).

Published 24 Oct, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (October 23, 2017).

Published 24 Oct, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (October 23, 2017).

Published 24 Oct, 2017 12:00am
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