News Archives for Print - 2017-10-27

Print - 2017-10-27

Euro rises in Asia

The euro inched higher on Thursday as investors awaited details of the European Central Bank's plans for scaling back its bond- buying programme, while the dollar took a breather after its recent rally. The euro inched up 0.1 percent to $1.1824, having ed

Published 27 Oct, 2017 12:00am

Currency

Euro falls in Europe as ECB curbs bond-buying

The euro fell half a percent on Thursday as investors took profits after the European Central Bank said it would extend its bond purchases at a reduced rate on Thursday, as widely expected. The ECB said it would cut asset purchases to 30 billion euro from

Published 27 Oct, 2017 12:00am

Currency

Euro falls in Europe as ECB curbs bond-buying

Published 27 Oct, 2017 12:00am

Currency

Early trade in New York: euro tumbles on ECB decision to rein in bond purchases

The euro fell on Thursday, putting it on track for its worst day against the dollar in a month as the European Central Bank's decision to extend its bond purchases into 2018 at a reduced rate spurred selling of the single currency. As expected, the ECB sa

Published 27 Oct, 2017 12:00am

Dollar stalls broadly in New York

The dollar slipped on Wednesday against a basket of currencies, struggling to post further gains tied to speculation the next chair of the US Federal Reserve will steer policy in a more hawkish direction. A pullback in US bond yields, with two-year Treasu

Published 27 Oct, 2017 12:00am

Currency

Sri Lankan rupee up

The Sri Lankan rupee closed higher on Thursday, as exporter dollar sales surpassed demand for the US currency from importers, dealers said. The spot rupee, which traded at 153.90 per dollar during the day, closed at 153.55/65, firmer from Wednesday's clos

Published 27 Oct, 2017 12:00am

Asian currencies higher

Asian currencies firmed against the dollar on Thursday, tracking gains in the euro ahead of the European Central Bank's decision at which it is expected to shift away from its accommodative monetary policy. With the euro zone's economic recovery now into

Published 27 Oct, 2017 12:00am

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Thursday. 80.85-80.85 (previous 80.85-80.85).

Published 27 Oct, 2017 12:00am

Currency

Sterling slips against dollar

The British pound skidded against the dollar on Thursday, reversing earlier gains as confidence inspired by stronger-than-expected growth results was replaced by caution over the likelihood of an interest rate hike next week. While the European Central Ba

Published 27 Oct, 2017 12:00am

Aussie, kiwi at multi-month lows

The Australian dollar hovered around 3-1/2 month lows on Thursday in the wake of slower-than-expected inflation data, while its New Zealand cousin paused near a five-month trough as Jacinda Ardern was sworn in as Prime Minister. The Aussie dollar had stea

Published 27 Oct, 2017 12:00am

Millat Tractors Governors Cup Golf begins

A three-day 34th 'Millat Tractors Governors Cup Golf Tournament' will be contested from 27th October to 29th October, here at the Lahore Gymkhana Golf Course. This was stated by Shaukat Javed, Convenor Golf of Lahore Gymkhana in a press conference attende

Published 27 Oct, 2017 12:00am

Sherwood in main final of Polo in Pink

Sherwood qualified for the main final of the Shaukat Khanum Cancer Hospital-sponsored Polo in Pink 2017 tournament while Total Nutrition made way for the subsidiary final after registering contrastive victories in their respective matches played here at t

Published 27 Oct, 2017 12:00am

Peshawar Eagle win 5-A-side Super League Hockey trophy

Peshawar Eagle clinched the trophy after defeating Peshawar Lions in a thrilling final of the 5-A-side Super Hockey League played here at Lala Ayub Hockey Stadium on Thursday. Director General (DG) Sports KP Junaid Khan was the chief guest on this occasio

Published 27 Oct, 2017 12:00am

Swiss great Hingis quits for third and 'final' time

Swiss tennis great Martina Hingis announced her "definite" retirement on Thursday, signalling the end of a career which took her from 1990s teenage superstar to doubles world number one some 20 years later. The 37-year-old "Swiss Miss" has retired twice b

Published 27 Oct, 2017 12:00am

Del Potro boosts ATP Finals hopes

Juan Martin del Potro edged closer to a spot at next month's ATP Finals as the fourth seed dispatched French qualifier Julien Benneteau 6-4, 6-4 to reach the Swiss Indoors quarter-finals on Thursday. Del Potro won the Basel title in 2012 and 2013, beating

Published 27 Oct, 2017 12:00am

Shahab win Peace Football Tournament

Shahab Football Club clinched the winning trophy by defeating Zwan Khyber Club 2-1 in the final match of the Peace Football Tournament played here on Kwange ground of Tehsil Landi Kotal Khyber Agency. Representative of Member of Parliament from NA-45, Mal

Published 27 Oct, 2017 12:00am

Bridge is not a sport, EU court rules

The game of bridge may flex the intellectual muscles but the EU's top court ruled on Thursday that it is not a sport because it involves "negligible" physical activity. Beloved by seniors and requiring a sharp memory, a keen analytical brain and near tele

Published 27 Oct, 2017 12:00am

Venus stuns Muguruza to keep year-end bid alive

American veteran Venus Williams kept alive her dreams of winning the WTA Finals when she knocked out second-ranked Garbine Muguruza in straight sets on Thursday. Williams, 37, defeated Muguruza 7-5, 6-4 in one hour and 41 minutes to become the second semi

Published 27 Oct, 2017 12:00am

'We've lost public's trust', admits FA chairman

Under-pressure Football Association chairman Greg Clarke admitted Thursday the English game's governing body had "lost the trust of the public" after being widely criticised for its handling of racism allegations involving the former manager of the women'

Published 27 Oct, 2017 12:00am

Ostapenko in inspired farewell

World number three Karolina Pliskova remains confident she can rebound from a disappointing straight sets loss to Jelena Ostapenko in the WTA Finals on Thursday, as the Czech prepares for her semi-final debut in Singapore. The 25-year-old was outclassed i

Published 27 Oct, 2017 12:00am

India World Cup heading for attendance record

The Under 17 World Cup final on Saturday between England and Spain will break an attendance record for the tournament and has convinced the Indian hosts to step up their bid for the Under 20 World Cup in 2019. Organisers said Thursday they expect a sellou

Published 27 Oct, 2017 12:00am

Arrangements finalised for Pakistan-Sri Lanka T20 in Lahore

Arrangements for the third T20 between Pakistan and Sri Lanka to be played here at Lahore's Qadhafi Stadium on October 29 (Sunday) are being given final touches. Renovation of the stadium has been completed while law-enforcing agencies are also making nec

Published 27 Oct, 2017 12:00am

Exchange

For country and money: Swiss man admits spying on Germans

A Swiss man accused of spying on German tax officials admitted to the espionage operation on Thursday, and told a court he acted out of "patriotism" as well as for profit. Daniel Moser, 54, was arrested in the German business capital Frankfurt in April on

Published 27 Oct, 2017 12:00am

Canada settles with wrongly accused terror suspects for Canada $31.5 million

Canada settled a lawsuit with three citizens who were wrongly accused of terror links and tortured in Syria and Egypt for Can$31.5 million (US$24.6 million), local media said Thursday. Abdullah Almalki, Ahmad Elmaati and Muayyed Nureddin had been arrested

Published 27 Oct, 2017 12:00am

Three killed in Kenya as protests prompt partial vote delay

At least three people were shot dead Thursday in clashes over Kenya's election re-run, prompting officials to delay the vote in four counties and further tarnishing the credibility of a deeply divisive poll. As counting began after a day marked by bloodsh

Published 27 Oct, 2017 12:00am

Nato challenges Russia on military drill numbers

Nato members challenged Russia on Thursday over "discrepancies" in Moscow's account of controversial military exercises last month, alliance chief Jens Stoltenberg said. The Zapad drills that Moscow staged jointly with Belarus on Nato's eastern flank caus

Published 27 Oct, 2017 12:00am

Venezuelan opposition wins European rights prize

The European Parliament on Thursday awarded the prestigious Sakharov human rights prize to the beleaguered Venezuelan opposition, calling for a "peaceful transition to democracy" in the crisis-hit country. The prize was awarded to the Venezuelan National

Published 27 Oct, 2017 12:00am

Turkmenistan independence amnesty pardons over 1,600

Gas-rich Turkmenistan pardoned 1,636 convicts ahead of a celebration of the country's independence day, official media in the authoritarian Central Asian state reported Thursday. Government newspaper Neutral Turkmenistan said the convicts had been pardone

Published 27 Oct, 2017 12:00am

Russian helicopter crashes at sea in Arctic, eight aboard

A Russian helicopter with eight people on board crashed at sea in Norway's Svalbard archipelago in the Arctic on Thursday, Norwegian rescue services said. The fate of those on board the helicopter was not immediately known. The aircraft went down two or t

Published 27 Oct, 2017 12:00am

Exchange

Iraqi PM wins Iran support as forces battle IS, Kurds

Iraqi Prime Minister Haider al-Abadi, whose forces Thursday battled jihadists in the west of the country and Kurds in the north, won the support of Iranian leaders at talks in Tehran. Supreme leader Ayatollah Ali Khamenei "gave his support for measures ta

Published 27 Oct, 2017 12:00am

ICRC warns states against 'dehumanisation' of IS fighters

Governments must refrain from using language that speaks of the killing or "annihilation" of their citizens who have joined jihadist groups, the International Committee of the Red Cross said Thursday. The comments from the ICRC's deputy chief for the Near

Published 27 Oct, 2017 12:00am

Swiss tourists suffer brutal attack in India

A Swiss tourist has been left with a fractured skull after he and his girlfriend were attacked near the Taj Mahal during a holiday in India, police and media reports said Thursday. A group of men approached the couple near a local railway station and dema

Published 27 Oct, 2017 12:00am

Thais bid final goodbye to beloved King Bhumibol

Thailand bade farewell to late King Bhumibol Adulyadej Thursday in an elaborate, ritual-soaked funeral in Bangkok's historic quarter that gripped a nation mourning the loss of its chief unifying figure. But after a day of pomp, pageantry and high anticipa

Published 27 Oct, 2017 12:00am

Exchange

US adds sanctions on North Korea for rights abuses

The United States layered a new round of sanctions on North Korea Thursday, blacklisting individuals and organizations involved in security and forced labor policies for "ongoing and serious human rights abuses." Amid the ongoing standoff over Pyongyang's

Published 27 Oct, 2017 12:00am

Cotton

Cotton inches lower on rising harvest pressure

ICE cotton futures edged lower on Wednesday as the market turned bearish due to growing harvest pressure and as weather concerns waned in Texas, the top-producing US state. "We don't believe the market is bullish. We have a pretty strong crop coming in an

Published 27 Oct, 2017 12:00am

Shanghai aluminium rises

Shfe aluminium closed up 1 percent at 16,490 yuan ($2,485.72) a tonne on Thursday, levels not seen in more than a week, but remained well below their recent near eight-year high of 17,345 yuan a tonne from last month as China imposes restrictions on indus

Published 27 Oct, 2017 12:00am

Exchange

Aluminium rises to over five-year high, copper down

Aluminium prices reached their highest in more than five years on Thursday, as expected capacity cuts during the winter drew closer and concerns grew of a supply shortfall as inventories in London fell to a nine-year low. London Metal Exchange aluminium e

Published 27 Oct, 2017 12:00am

Brent oil hits 27-month high on Saudi talk of extending supply cuts

Brent crude closed at a 27-month high on Thursday as the market focused more on comments from Saudi Arabia about ending a global supply glut instead of an unexpected increase in US crude inventories and high US production and exports. Brent futures gained

Published 27 Oct, 2017 12:00am

Exchange

Rubber rises

Benchmark Tokyo rubber futures hit a 10-day high on Thursday, buoyed by a slight gain in Shanghai futures, brokers said. The Tokyo Commodity Exchange rubber contract for new April delivery debuted on Thursday with an initial price of 199.8 yen ($1.76) and

Published 27 Oct, 2017 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

The following were Thursday's Rotterdam vegetable oil prices at 1600 GMT:

Published 27 Oct, 2017 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

The following were Thursday's Rotterdam vegetable oil prices at 1600 GMT:

Published 27 Oct, 2017 12:00am

Vegetable Oil

Malaysian palm oil extends gains

Malaysian palm oil futures extended gains on Thursday evening, supported by strength in soyaoil markets, favourable export numbers and end of year production concerns. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives

Published 27 Oct, 2017 12:00am

Currency

Raw sugar slips as Brazil currency resumes decline

Raw sugar futures fell on Thursday as speculative selling emerged against a backdrop of a weaker Brazilian currency, while a weaker British pound boosted London cocoa prices. March raw sugar settled down 0.07 cent, or 0.5 percent, at 14.11 cents per lb, r

Published 27 Oct, 2017 12:00am

Gold turns positive in New York

Gold steadied after touching a 2-1/2 week low on Wednesday on reports that Republican senators favored John Taylor to become the next head of the US Federal Reserve, which drove US bond yields to multi-month highs. The Stanford University economist is see

Published 27 Oct, 2017 12:00am

Gold gains in Asia

Gold prices gained amid a weaker dollar and a firmer euro on Thursday, with the market expecting the European Central Bank to taper monetary stimulus at a meeting later in the day. The ECB is all but certain to cut back on its bond-buying stimulus, taking

Published 27 Oct, 2017 12:00am

Gold dips in Europe

Gold dipped on Thursday as the dollar gained versus the euro after the European Central Bank said it would cut back its bond purchases but hedged the move by also extending the lifespan of its bond-buying programme. The ECB's decision to cut back bond pur

Published 27 Oct, 2017 12:00am

US MIDDAY: wheat eases

US wheat futures weakened for the second day in a row on Thursday, with technical sellers pushing prices lower after the market failed to hold support at key chart points, traders said. Corn and soyabeans were also lower. Ample supplies from the US harves

Published 27 Oct, 2017 12:00am

US MIDDAY: gold tumbles

Gold fell to a nearly three-week low on Thursday as the dollar gained against the euro after the European Central Bank said it would extend the lifespan of its bond-buying program. The bank also decided to cut back bond purchases, a widely expected move t

Published 27 Oct, 2017 12:00am

Ministry of energy's departments: AGP detects Rs 3 trillion irregularities in accounts

The Auditor General of Pakistan (AGP) has detected Rs 3 trillion irregularities in various accounts of the attached departments of the Ministry of Energy's Petroleum and Natural Resources division. Briefing Public Accounts Committee (PAC) that held here o

Published 27 Oct, 2017 12:00am

Body formed to investigate sale of Airbus A-310

The Senate Special Committee on Performance of Pakistan International Airlines (PIA) constituted a sub-committee to investigate the matter of sale of a PIA Airbus A-310 to a German firm in "violation" of Public Procurement Regulatory Authority (PPRA) rule

Published 27 Oct, 2017 12:00am

Engro Corporation announces Q3 results

Engro Corporation on Thursday announced its third quarter results, showcasing a strong overall performance in its businesses. Profitability was augmented by the steady performances of terminal services and power, fertilizer, petrochemicals and the signing

Published 27 Oct, 2017 12:00am

Engro Corporation announces Q3 results

Published 27 Oct, 2017 12:00am

OGDCL net sales revenue increases

The Board of Directors of Oil & Gas Development Company Limited (OGDCL) in its meeting held on Thursday at OGDCL Head Office Islamabad announced the financial results for the first quarter ended 30th September, 2017. The company's net sales revenue increa

Published 27 Oct, 2017 12:00am

Pakistan needs sound agriculture investment policy: Chinese expert

Dr Siang Hee Tan, Executive Director, Crop Life Asia Thursday said that a very sound agricultural investment policy is needed in Pakistan for agriculture sector, benefiting both old age and young framers from biotechnology to reap the benefits of crop pro

Published 27 Oct, 2017 12:00am

Exchange

'VEON will redefine connectivity', says Mark

Mark MacGann is VEON's Group Chief Corporate & Public Affairs Officer and leads the Group's Communications, Regulatory and Government Affairs functions. Before joining VEON (former VimpelCom), Mark was Senior Board Advisor and Head of Public Policy EMEA a

Updated 15 Nov, 2017 10:39am

Exchange

'VEON will redefine connectivity', says Mark

Published 27 Oct, 2017 12:00am

Appointment of judges: PBC hails parliamentary body's decision

Muhammad Ahsan Bhoon, Vice-Chairman and Hafeez-ur-Rehman Ch, Chairman, Executive Committee, Pakistan Bar Council (PBC) have highly appreciated decision of the Parliamentary Committee on appointment of Judges, by not endorsing recommendations of the Judici

Published 27 Oct, 2017 12:00am

HRCP asks government to protect Turkish nationals from human rights abuses

Pakistan must protect 285 Turkish nationals from forcible repatriation, arbitrary arrest, and other human rights abuses, FIDH and its member organization Human Rights Commission of Pakistan (HRCP) said on Thursday. This call follows the deportation of a T

Published 27 Oct, 2017 12:00am

Chromite, coal mining: dumper trucks may be exempted from GST

The government may grant sales tax exemption on dumper trucks used exclusively for the mining of chromite and coal in Balochistan and Thar. It is learnt that the recommendation has been made in last meeting of the Functional Committee on Problems of Less

Published 27 Oct, 2017 12:00am

Exchange

Pakistan and Poland discuss cooperation in trade & energy

The sixth Round of Pakistan-Poland Bilateral Political Consultations (BPC) was held in Islamabad here on the other day. Pakistan side was led by Ambassador Zaheer A Janjua, Additional Secretary (Europe), while Marek Magierowski, Deputy Foreign Minister of

Published 27 Oct, 2017 12:00am

Musharraf rules out possibility of martial law

Chairman, All Pakistan Muslim League (APML), General Pervez Musharraf (retd) while addressing to the newly elected office-bearers of his party in Dubai said there were no chances of either martial law or immediate general elections but a national governme

Published 27 Oct, 2017 12:00am

KP cabinet approves three new universities

The Khyber Pakhtunkhwa cabinet on Thursday approved setting up of three new public sector universities each in Lakki Marwat, DI Khan and Mardan with a view to promote higher education at district level. The cabinet meeting presided over by Chief Minister

Published 27 Oct, 2017 12:00am

Another list of 131 missing persons irks Senate body

The Senate Functional Committee on Human Rights on Thursday expressed serious concern over an additional list of 131 missing persons. While chairing the meeting, Nasreen Jalil said that it was a serious issue as no responsibility was fixed nor a single FI

Published 27 Oct, 2017 12:00am

NA-4 by-poll: polling remains peaceful largely

Polling for by-election on National Assembly constituency NA-4, Peshawar-IV, was remained peaceful largely. The army men and police deployed for maintaining law and order during polling for by-election on NA-4 held here on Thursday strictly monitored the

Published 27 Oct, 2017 12:00am

Saarc Law President calls on Sipra

President SAARC LAW, Mehmood Y Mandviwalla, a prominent lawyer of Pakistan, called on Acting High Commissioner of Pakistan, Dr Sarfraz Ahmed Khan Sipra, on Thursday at the High Commission. Mandviwalla briefed Dr Sipra about the 25th Anniversary of South A

Published 27 Oct, 2017 12:00am

Missing persons case: SC seeks report from interior ministry

The Supreme Court on Thursday sought comprehensive report from interior ministry pertaining to details of persons languishing in internment centers across the country, by November 13. Resuming the hearing of missing person's case, a two-member bench led b

Published 27 Oct, 2017 12:00am

Minister visit Mozang Hospital

Punjab Minister for Specialized Healthcare & Medical Education Khawaja Salman Rafique has directed to conduct an inquiry into the newly-constructed building of emergency block of Government Mozang Hospital Lahore. During a surprise visit to the hospital o

Published 27 Oct, 2017 12:00am

Missing persons: governor to contact authorities

Sindh Governor Muhammad Zubair Thursday assured Shia Ulema that he would contact the authorities concerned regarding the missing persons. He stated this in a meeting with a Shia Ulema delegation led by Allama Syed Ahmed Iqbal Rizvi at Governor House, a st

Published 27 Oct, 2017 12:00am

Retired employees of SBP threaten to take to streets

All retired employees of the State Bank of Pakistan and widows of the retired employees has condemned injustice and exploitation of the former employees and their widows by the management of the central bank and threatened to take streets against them.

Published 27 Oct, 2017 12:00am

Karwan-e-Khatam-e-Nabuwat rally to stage sit-in on Jinnah Avenue

Karwan-e-Khatam-e-Nabuwat rally on Thursday announced to stage a sit-in on Jinnah Avenue of the federal capital while presenting its six demands to the government. Speaking to media persons, Dr Asif Ashraf Jilani, one of the leaders of the rally, said the

Published 27 Oct, 2017 12:00am

Meeting with APNS team: army most organized institution: Shahbaz

Punjab Chief Minister Muhammad Shehbaz Sharif Thursday said that Pak Army is the most organized institution and every organization is duty-bound to fulfill the responsibility of moving the country further by getting rid of troubles.

Published 27 Oct, 2017 12:00am

OPC retrieves expat's Rs 300 million property

Due to the intervention of Overseas Pakistanis Commission (OPC) Punjab, two properties of an expatriate Pakistani, worth Rs 300 million, have been recovered from illegal possession. Commissioner OPC Afzaal Bhatti while presiding over the departmental meet

Published 27 Oct, 2017 12:00am

Nawaz allocated huge amount for Azad Kashmir's development: PM

Prime Minister Shahid Khaqan Abbasi Thursday strongly condemned the Indian brutalities in Occupied Kashmir and urged the international community to take notice of the situation as Indian forces used pellet guns on the innocent Kashmiri people. Chairing a

Published 27 Oct, 2017 12:00am

Imran's appearance before ECP to follow his disqualification: Marriyum

Minister of State for Information, Broadcasting and National Heritage Marriyum Aurangzeb has said that appearance of Imran Khan before ECP was just the beginning and it would be followed by disqualification and punishment. In a statement issued here Thurs

Published 27 Oct, 2017 12:00am

ACCA unveils new 'Ethics and Professional Skills module'

Marks a significant development in the ACCA Qualification as ACCA held the launch event for their Ethics and Professional Module in Pakistan. The event featured a panel discussion on ACCA's report, 'Ethics and trust in a digital age.' The panellists inclu

Published 27 Oct, 2017 12:00am

Study UK Exhibitions: British universities officials visit Karachi

Students and professionals from Karachi and across Pakistan had the chance to meet some of the best British Universities, as part of the British Council Pakistan's four-city Study UK Exhibition Tour. The annual tour has been hosted by the British Council

Published 27 Oct, 2017 12:00am

Currency

BMP seeks one-window facility for investors

The Businessmen Panel (BMP) of FPCCI has demanded that the government should provide one window facility to investors across the country with the support of chambers of Commerce and industries so that foreign direct investment (FDI) may be attracted for e

Published 27 Oct, 2017 12:00am

Universities must get their courses recognized from PHEC: minister

Provincial Higher Education Minister, Syed Raza Ali Gillani, said on Thursday that universities should get their programs recognized from the Punjab Higher Education Commission before starting admissions. He was addressing a seminar on 'Challenges of High

Published 27 Oct, 2017 12:00am

Parasitic diseases discussed at UVAS moot

The Department of Parasitology of the University of Veterinary & Animal Sciences (UVAS) Lahore in collaboration with Pakistan Society of Parasitology and Higher Education Commission (HEC) organised concluding ceremony of a two-day International Parasitolo

Published 27 Oct, 2017 12:00am

PU VC calls for promoting industry-academia linkages

Punjab University Vice Chancellor Professor Dr Zafar Moeen Nasir has stressed the need to promote industry-academia linkages for country's economic development and resolving socio-economic issues faced by the nation. He was addressing the 2nd awareness se

Published 27 Oct, 2017 12:00am

PPP will take exports to $60 billion if voted to power: Zardari

Co-chairman Pakistan Peoples' Party (PPP) Asif Zardari has vowed to take exports to $60 billion in three years after coming into power in 2018. "We will provide stipend to women workers of stitching industry in order to revive the whole textile industry a

Published 27 Oct, 2017 12:00am

Baloch urges government to adopt firm policy on Kashmir

Secretary General, Jamaat-e-Islami, Liaqat Baloch, has called upon the government to adopt a firm policy on Kashmir and take up the issue of India's terrorism and human rights violations in Kashmir at world level through effective diplomatic efforts. He w

Published 27 Oct, 2017 12:00am

Feud between Qureshi brothers again comes to limelight

The feud between Pakistan Tehreek-e-Insaf (PTI) Vice Chairman Shah Mahmood Qureshi and his brother Mureed Hussain Qureshi once again came to fore on the occasion of Urs celebrations of Hazrat Bahauddin Zakaria Multani here on Thursday. As per details, Mak

Published 27 Oct, 2017 12:00am

LTC plans free shuttle service for cricket enthusiasts

The Lahore Transport Company has planned to commence free shuttle service for cricket enthusiasts for reaching cricket stadium to experience on ground third T20 international cricket match which is being organized between Sri Lanka and Pakistan cricket te

Published 27 Oct, 2017 12:00am

LTC plans free shuttle service for cricket enthusiasts

Published 27 Oct, 2017 12:00am

Breast cancer awareness drive held at GCU

An on-campus "Pink Ribbon Youth Awareness" drive was held here on Thursday at the Government College University (GCU) Lahore, to raise awareness among the university female students and staff members about the breast cancer and eliminate social stigmas at

Published 27 Oct, 2017 12:00am

ADP reflective of development, prosperity: CM

Punjab Chief Minister Shahbaz Sharif has said that Annual Development Program (ADP) of the provincial government is reflective of development and prosperity of the people as public welfare has been given special importance in development schemes. "Impleme

Published 27 Oct, 2017 12:00am

Shahbaz felicitates Xi Jinping

Punjab Chief Minister Shehbaz Sharif has congratulated Chinese President Xi Jinping on electing as General Secretary of the Communist Party of China for the second term. In his message of felicitation, the CM said that President Xi Jinping has played a le

Published 27 Oct, 2017 12:00am

LCCI for extension in IT return filing date

The Lahore Chamber of Commerce and Industry (LCCI) has urged the Federal Board of Revenue to extend the date for filing of income tax returns till December 31. The LCCI President Malik Tahir Javed in a statement on Thursday said that extension in date of

Published 27 Oct, 2017 12:00am

Ninth 'Interiors Pakistan Expo' to begin on December 15

The three-day 9th Interiors Pakistan Expo 2017 is being held from December 15 to promote the local furniture industry worldwide. According to PFC Chief Executive Mian Kashif Ashfaq, the exhibition will be held at the Expo Centre in Lahore where over 100 b

Published 27 Oct, 2017 12:00am

Exchange

PRL's profit after tax increases to Rs 348.606 million

The profit after tax of Pakistan Refinery Limited (PRL) has increased to Rs 348.606 million in the quarter ended September 30, 2017 as compared to Rs 122.211 million earned in the corresponding period in 2016. The board of directors of the company in its

Published 27 Oct, 2017 12:00am

Exchange

PRL's profit after tax increases to Rs 348.606 million

Published 27 Oct, 2017 12:00am

Bank Alfalah posts Rs 7.175 billion PAT

The Board of Directors of Bank Alfalah in their meeting held recently, approved the Bank's un-audited financial statements for the nine months period ended September 30, 2017. The Bank's performance remained impressive as a year-on-year growth of 14.3 per

Published 27 Oct, 2017 12:00am

Bank Alfalah posts Rs 7.175 billion PAT

Published 27 Oct, 2017 12:00am

Sindh government grants Rs 12.5 million to KPC

Sindh Minister for Information, Labour, Transport and Mass Transit Syed Nasir Hussain Shah Thursday handed over the cheque of amounting to Rs 12,500,000 to the Secretary Press Club Karachi Maqsood Ahmed Yousufi at his office here.

Published 27 Oct, 2017 12:00am

'Reviving Karachi initiative': several burning issues discussed at length

A spokesman for prime minister, Sindh Governor, Karachi Mayor and some political parties' leaders presented their recommendations for revival of Karachi at an event. Muhammad Azfar Ahsan, founder of the 'Reviving Karachi Initiative' organized an event wha

Published 27 Oct, 2017 12:00am

Oman Air plans three flights a week from Peshawar: RVP Sunil

Oman Air, which is already operating from three major cities - Karachi, Islamabad and Lahore, is planning to expand its wings to Peshawar in near future. "Oman Air, which operate 13 flights weekly from Karachi, is in a process to commence three flights pe

Published 27 Oct, 2017 12:00am

Plea to introduce 'zero-rate regime' for five exports sectors

Pakistan Hosiery Manufacturers and Exporters Association (PHMA) blames the delay in restoring zero-rate regime as per the law for holding back the textile makers from modernizing their industrial units. In a letter to the Federal Commerce Ministry, Chief

Published 27 Oct, 2017 12:00am

BoP NIM improves during first nine months of 2017

A meeting of the Board of Directors of The Bank of Punjab was held on October 25, 2017. During the meeting, un-audited Financial Statements of the Bank for nine months ended September 30, 2017 were approved by the Board. During first nine months of the ye

Published 27 Oct, 2017 12:00am

Partly Facetious: Sitting next to the Imam-e-Ka'aba

"Dar attended the last cabinet meeting, so I guess the depression maybe lifting."

Published 27 Oct, 2017 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 4	277.97
USD PKR Interbank Buying / Dec 4	277.77
USD to Japanese Yen / Dec 4	150.37
USD to Swiss Franc / Dec 4	0.89
Pound Sterling to USD / Dec 4	1.27
Euro to USD / Dec 4	1.05

Stock	Volume
S&P 500 / Dec 3	6,049.87
Nasdaq / Dec 3	19,480.91
Dow Jones / Dec 3	44,705.53
India Sensex / Dec 4	80,956.33
Tokyo Nikkei / Dec 4	39,276.39
Hang Seng / Dec 4	19,742.46
FTSE 100 / Dec 4	8,328.12
Germany DAX 30 / Dec 4	20,195.75

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 3	17,685
Petrol/Litre / Dec 4	252.10
Crude Oil USD/Barrel / Dec 4	70.17
Gold 10 Grams PKR / Dec 4	235,940
Gold Spot USD/Ounce / Dec 4	2,644.45
Diesel/Litre / Dec 4	258.43

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 4 786 Investments Limited(786)	7.37 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 4 Al-Abbas Sugar Mills Limited(AABS)	627.86 ▼ 0.00 (0.00%)
Agro Allianz / Dec 4 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 4 Ali Asghar Textile Mills Limited(AATM)	68.40 ▼ 0.00 (0.00%)
Allied Bank / Dec 4 Allied Bank Limited(ABL)	150.94 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 4 Abbott Laboratories (Pakistan) Limited(ABOT)	1,123.10 ▼ 0.00 (0.00%)
Abson Ind. / Dec 4 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 4 Alfalah Consumer Index ETF.(ACIETF)	13.47 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 4 786 Investments Limited(786)	7.37 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 4 Al-Abbas Sugar Mills Limited(AABS)	627.86 ▲ 0.00 (0.00%)
Agro Allianz / Dec 4 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 4 Ali Asghar Textile Mills Limited(AATM)	68.40 ▲ 0.00 (0.00%)
Allied Bank / Dec 4 Allied Bank Limited(ABL)	150.94 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 4 Abbott Laboratories (Pakistan) Limited(ABOT)	1,123.10 ▲ 0.00 (0.00%)
Abson Ind. / Dec 4 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 4 Alfalah Consumer Index ETF.(ACIETF)	13.47 ▲ 0.00 (0.00%)

Stock	Volume
Cnergyico PK / Dec 4 Cnergyico PK Limited(CNERGY)	246,707,903 ▲ 0.00
WorldCall Telecom / Dec 4 Worldcall Telecom Limited(WTL)	89,419,070 ▲ 0.00
Hascol Petrol / Dec 4 Hascol Petroleum Limited(HASCOL)	87,024,698 ▲ 0.00
Pak Elektron / Dec 4 Pak Elektron Limited(PAEL)	67,806,935 ▲ 0.00
Sui South Gas / Dec 4 Sui Southern Gas Company Limited(SSGC)	61,811,720 ▲ 0.00
Power Cement / Dec 4 Power Cement Limited(POWER)	58,501,362 ▲ 0.00
K-Electric Ltd. / Dec 4 K-Electric Limited(KEL)	56,938,645 ▲ 0.00
Pak Int.Bulk / Dec 4 Pakistan International Bulk Terminal(PIBTL)	56,115,997 ▲ 0.00
Pak Refinery / Dec 4 Pakistan Refinery Limited(PRL)	55,870,990 ▲ 0.00

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