News Archives for Print - 2017-10-28

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Friday (October 27, 2017).

Published 28 Oct, 2017 12:00am

US Treasury yields inched higher on Thursday in choppy trading, undermined by a soft auction of US 7-year notes which saw demand at its weakest since August last year. "We're a little bit lower because the 7-year auction didn't go particularly well," said

Published 28 Oct, 2017 12:00am

Treasury yields edge higher

US Treasury yields inched higher on Thursday in choppy trading, undermined by a soft auction of US 7-year notes which saw demand at its weakest since August last year. "We're a little bit lower because the 7-year auction didn't go particularly well," said

Published 28 Oct, 2017 12:00am

Hong Kong shares up

Hong Kong stocks ended the week on a firmer footing, after an encouraging slew of earnings from US tech giants buoyed Wall Street and the European Central Bank extended its stimulus. The market also drew support on solid earnings from major Chinese firms

Published 28 Oct, 2017 12:00am

Exchange

Dow, S&P gain but Nasdaq dips as healthcare lags

The Dow and S&P 500 advanced on Thursday after a round of positive corporate earnings announcements, but gains were curbed and the Nasdaq lost ground on a drop in the healthcare sector. DowDuPont was up 2.8 percent as the biggest boost to the S&P 500. It

Published 28 Oct, 2017 12:00am

Friday's early trade: strong tech earnings, Apple lift Nasdaq higher

Strong earnings from tech giants and Apple's upbeat statement on its iPhone X demand lifted the Nasdaq Composite index 2 percent and led the gains on Wall Street. Amazon jumped as much 12.8 percent after reporting a quarterly sales surge. Google-parent Al

Published 28 Oct, 2017 12:00am

Tokyo stocks rise

Tokyo stocks closed higher Friday as Japanese earnings season gets into full swing and as the yen weakened against the dollar on hopes for US President Donald Trump's tax cut plans. The benchmark Nikkei 225 index rose 1.24 percent, or 268.67 points, to cl

Published 28 Oct, 2017 12:00am

China blue chips rally as corporate earnings beat expectations

China's blue-chip stocks rose for a fifth straight day on Friday to a 28-month high, as corporate earnings beat expectations and the conclusion of the key Communist Party Congress this week put investor focus on President Xi Jinping's economic agenda. The

Published 28 Oct, 2017 12:00am

Currency

Rating agencies downbeat on South African budget deficit, debt news

South Africa's medium-term budget signals a policy shift by the Treasury away from commitments to cut deficits and debt and contains no plans to limit the damage to the economy, ratings firm Fitch said on Thursday. In similar vein, S&P Global Ratings said

Published 28 Oct, 2017 12:00am

South Korea growth fastest in seven years as exports boom

South Korea's economy grew at its fastest pace in more than seven years last quarter as robust exports offset weakness in consumption, reinforcing the case for higher interest rates. Gross domestic product rose 1.4 percent in the third quarter, the Bank o

Published 28 Oct, 2017 12:00am

Novartis sees bright future for eye unit

Swiss pharmaceutical giant Novartis said Tuesday a strategic review of its eye care unit showed that Alcon can deliver strong growth, but that a possible spin-off or listing is at least two years away. While a decision on Alcon's fate had been expected by

Published 28 Oct, 2017 12:00am

Exchange

EU dismisses smoke regulation, looks into tougher fire safety tests

There is no need for Europe-wide rules on toxic smoke from building materials, according to a report expected to be signed off by the EU executive over the coming weeks, disappointing campaigners who say regulation is urgently needed following London's de

Published 28 Oct, 2017 12:00am

UBS wants more bankers to serve the wealthy in Middle East, Saudi Arabia

UBS, the world's biggest wealth manager, wants to increase the number of bankers targeting the Middle East notably those serving the Saudi wealth market, an executive said. Simon Smiles, chief investment officer of the bank's ultra high net worth unit, to

Published 28 Oct, 2017 12:00am

US FOB Gulf corn bids firmer

CIF corn bids firmed on the spot market on Wednesday afternoon, rebounding from a drop earlier in the week, due to tight capacity on barges headed for the US Gulf, traders said. FOB corn export premiums also firmed for the rest of October as little space

Published 28 Oct, 2017 12:00am

Cotton

Volume of business falls on cotton market

Volume of business came down on soaring rates of lint cotton, dealers said on the cotton market on Friday. The official spot rate was unmoved at Rs 6300, they said. In the ready session, over 20,000 bales of cotton changed hands between Rs 5600-6550, they

Published 28 Oct, 2017 12:00am

Activities at Karachi and Qasim Ports

The Karachi Port handled 121,889 tonnes of cargo comprising 100,872 tonnes of import cargo and 21,017 tonnes of export cargo including 2,127 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargo of 100

Published 28 Oct, 2017 12:00am

US natural gas futures fall on less heating demand

US natural gas futures slipped on Wednesday on forecasts for warmer weather over the next two weeks that is expected to reduce the amount of gas burned for heating. Traders also noted US output hit a record daily high this week. Front-month gas futures fe

Published 28 Oct, 2017 12:00am

Exchange

EU wheat futures rise to one week high

European wheat futures rose on Wednesday to a one-week high, supported by earlier strength in Chicago and positive export news. December milling wheat on the Paris-based Euronext exchange was up 0.75 euro or 0.4 percent at 162.00 euros a tonne at 1558 GMT

Published 28 Oct, 2017 12:00am

Vegetable Oil

Palm oil firmer on European vegetable oils market

Palm oil on the European vegetable oils market was offered firmer on Wednesday, tracking stronger Malaysian palm oil futures, which rose on rising exports in October, and rival soyaoil. Asking prices for palm oil were between $5 and $10 a tonne up from Tu

Published 28 Oct, 2017 12:00am

Exchange

PMEX daily trading report

On Thursday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,050. The traded value of Metals, Energy and COTS/FX was recorded at PKR 8.770 billion and the number of lots traded was 13,443.

Published 28 Oct, 2017 12:00am

China's Primavera, CITIC PE to raise dollar funds worth $5 billion

Chinese firms Primavera Capital Group and CITIC Private Equity plan to raise new dollar-denominated funds totalling around $5 billion in a bid to bolster their firepower for offshore investments, six sources told Reuters. Over the past year, private-equit

Published 28 Oct, 2017 12:00am

American Airlines profits down on storms, higher costs

American Airlines reported higher sales but lower third-quarter profits Thursday due to increased costs and the hit from US hurricanes that forced more than 8,000 flight cancellations. Earnings for the quarter ending September 30 were $624 million, down 1

Published 28 Oct, 2017 12:00am

Bayer cuts Monsanto deal value to $63.5 billion on revised debt

German drugmaker Bayer has cut the value of its takeover of Monsanto by $2.5 billion, which combined with windfalls from asset sales means it may have to raise less than expected from shareholders. The Monsanto deal is now valued at $63.5 billion includin

Published 28 Oct, 2017 12:00am

Chinese construction firm CCCC buys Canada's Aecon for Can$ 1.51 billion

Chinese construction firm CCCC will acquire Canada's Aecon Group for Can$1.51 billion (US$1.18 billion), the Canadian company announced Thursday. The deal, however, is still subject to shareholder and regulatory approvals. "We believe this is a very posit

Published 28 Oct, 2017 12:00am

Inventories, trade support US economic growth in Q3

The US economy unexpectedly maintained a brisk pace of growth in the third quarter as an increase in inventory investment and a smaller trade deficit offset a hurricane-related slowdown in consumer spending and a decline in construction. Gross domestic pr

Published 28 Oct, 2017 12:00am

Exchange

Alphabet quarterly profit climbs

Google's parent company Alphabet on Thursday reported profit in the recently-ended quarter leapt as money poured in from ads delivered to mobile devices and returns improved on "other bets." Alphabet profit was up 32.4 percent to $6.7 billion on in the qu

Published 28 Oct, 2017 12:00am

UK personal insolvencies hit five-year high

The number of people registering as insolvent in England and Wales hit a five-year high in the third quarter, according to figures on Friday that hinted at trouble brewing in Britain's consumer economy. The government's Insolvency Service said 27,807 peop

Published 28 Oct, 2017 12:00am

UBS net profit jumps 14 percent

UBS, the world's biggest private bank, on Friday posted a 14 percent year-on-year jump in third-quarter net profit but kept a cautious outlook for the rest of 2017 due to political and monetary policy uncertainty. The three months to end-September saw ear

Published 28 Oct, 2017 12:00am

UBS net profit jumps 14 percent

UBS, the world's biggest private bank, on Friday posted a 14 percent year-on-year jump in third-quarter net profit but kept a cautious outlook for the rest of 2017 due to political and monetary policy uncertainty. The three months to end-September saw ear

Published 28 Oct, 2017 12:00am

Venezuela state oil company announces $842 million bond payment

Venezuela's state oil company, which controls the world's largest crude reserves, said Friday it had begun paying $842 million in partial repayment of a debt bond maturing in 2020. A default for PDVSA would have been disastrous at a time when access to cr

Published 28 Oct, 2017 12:00am

Auf Wiedersehen, jet: last flight for bankrupt Air Berlin

The final flight of bankrupt Air Berlin is set to land in the German capital Friday evening, as the fate of thousands of employees of the stricken carrier remains unclear. After nearly 40 years in the sky, Germany's second-largest airline will bow out wit

Published 28 Oct, 2017 12:00am

Microsoft beats profit estimates on gains from cloud services

Microsoft Corp reported better-than-expected quarterly profit on Thursday as demand for its cloud computing services for companies rose and its personal computer software business stabilized. Shares of the world's largest software company rose 3.1 percent

Published 28 Oct, 2017 12:00am

Intel lifts full-year forecasts

Intel Corp, the world's largest computer chipmaker, raised its full-year revenue and profit forecasts, helped by strong growth in its data center business. The company's shares were up 2.2. percent at $42.25 in extended trading.

Published 28 Oct, 2017 12:00am

Intel lifts full-year forecasts

Intel Corp, the world's largest computer chipmaker, raised its full-year revenue and profit forecasts, helped by strong growth in its data center business. The company's shares were up 2.2. percent at $42.25 in extended trading.

Published 28 Oct, 2017 12:00am

China's industrial profits surge most in nearly six years

Profits for China's industrial powerhouses surged the most in nearly six years in September as a government crackdown on air pollution sparked fears of winter supply shortages and sent prices of finished goods like steel and copper sharply higher. Sustain

Published 28 Oct, 2017 12:00am

'Dieselgate' costs choke Volkswagen profits

Net profits tumbled in the third quarter at Volkswagen as the world's biggest carmaker booked higher-than-expected charges related to the "dieselgate" emissions cheating scandal. VW reported net profit attributable to shareholders down 53.4 percent year-o

Published 28 Oct, 2017 12:00am

'Dieselgate' costs choke Volkswagen profits

Net profits tumbled in the third quarter at Volkswagen as the world's biggest carmaker booked higher-than-expected charges related to the "dieselgate" emissions cheating scandal. VW reported net profit attributable to shareholders down 53.4 percent year-o

Published 28 Oct, 2017 12:00am

Japan's consumer prices rise for ninth straight month

Japan's core consumer prices marked a ninth straight month of annual gains in September but failed to accelerate from the previous month, underscoring the central bank's huge task as it struggles to meet an ever-elusive 2 percent inflation target. Most of

Published 28 Oct, 2017 12:00am

Mexico and Indonesia could be next up for Eni's asset sales

Italian oil major Eni could sell stakes in its oil and gas fields in Mexico and Indonesia in the next stage of its asset sale strategy, the company said on Friday. "Mexico could be the next step ... a 30-40 percent dilution is something that could be achi

Published 28 Oct, 2017 12:00am

EU launches probe into UK tax scheme for multinationals

The EU announced Thursday a major probe into a British scheme protecting multinationals from tax avoidance rules in the latest move in the bloc's campaign to get international companies to pay their share, as London and Brussels haggle over the terms of B

Published 28 Oct, 2017 12:00am

KARACHI CHRONICLE: we are passionate about food

The latest commemorative day is to create global awareness to food wastage: World Food Day October 16. It passed almost unnoticed. I waited a whole week to get feedback on how people marked the day and drew a complete blank. People are aware of food wasta

Published 28 Oct, 2017 12:00am

World's deepest lake in peril, scientists warn

Lake Baikal is undergoing its gravest crisis in recent history, experts say, as the government bans the catching of a signature fish that has lived in the world's deepest lake for centuries but is now under threat. Holding one-fifth of the world's unfroze

Published 28 Oct, 2017 12:00am

In first, scientists detect gravitational waves and light from star collision

Scientists in the United States and Europe have for the first time detected gravitational waves, the ripples in space and time predicted by Albert Einstein, at the same time as light from the same cosmic event, according to research published last Monday.

Published 28 Oct, 2017 12:00am

ART FACTS: Pala Pothupitiye's art piece at KB17

Sanat Initiative collaborated with KB17 Karachi Biennale for an artist in residence programme for the celebrated Sri Lankan artist Pala Pothupitiye for the KB17-Sanat Residency 2017. The director of Sanat Initiative, Karachi, Abid Merchant invited me at K

Published 28 Oct, 2017 12:00am

Ancient Turkish town prepares to vanish under floodwaters

At first glance all is as normal in the Turkish town of Hasankeyf, which has seen the Romans, Byzantines, Turkic tribes and Ottomans leave their mark in over 10,000 years of human settlement. The Tigris River languidly flows through the historic centre of

Published 28 Oct, 2017 12:00am

Book Reviews

An analysis under the garb of a memoir

Published 28 Oct, 2017 12:00am

Japan's 'Blade Library' offers joy of blade running to amputees

Haruta Saito, a young Japanese amputee who dreams of becoming a Paralympian, remembers strapping on a prosthetic "running blade" for the first time. The 10-year-old boy, who had his right leg amputated at age two, never had the chance to use a blade becau

Published 28 Oct, 2017 12:00am

Arab tradition glitters in Colombia

With strong yet delicate hands, Daniel Alfonso Garrido masterfully manipulates fragile threads of gold to craft fine jewelry, perpetuating an ancient Arabic art handed down by generations of Colombian goldsmiths.

Published 28 Oct, 2017 12:00am

Resistance exercise linked to reduced anxiety

People who do resistance exercises like weight lifting may experience less anxiety than people who don't workout, a research review suggests Researchers analyzed data from 16 previously published studies with a total of 922 participants who were randomly

Published 28 Oct, 2017 12:00am

Gimmick or game-changer: Is Virtual Reality the future of film?

Virtual Reality will change the face of cinema in the next decade - but only if content keeps up with the advances in technology, industry experts at the Busan International Film Festival predict. VR is already being heavily promoted by the tech giants, w

Published 28 Oct, 2017 12:00am

You decide the plot: Social media shows shake TV drama

Cliffhanger endings where television audiences are left holding their breath for the next episode may never be the same again. A new generation of social media-driven dramas are giving viewers the power to decide whether their favourite characters live or

Published 28 Oct, 2017 12:00am

Ingmar Bergman's anguish back in spotlight for centenary

Swedish film legend Ingmar Bergman, whose tales of anguished love and loneliness made him one of the 20th century's leading directors, is back in the spotlight with a series of events to mark the centenary of his birth. Bergman, who died in 2007 at the ag

Published 28 Oct, 2017 12:00am

BRIDGE NOTES: Equally good

At times in a crunch game of Bridge between good sides, both sides fight it out to the last giving nothing away by way of un-forced error. In one of the world championship match between Germany and Netherlands, wherein at one table where the German south

Published 28 Oct, 2017 12:00am

'Whose Streets?' spotlights diverging narratives of Ferguson

While America confronts the aftermath of protests in Charlottesville, Virginia, the story behind an incident that contributed to racial tensions in the United States is the subject of the newly released documentary "Whose Streets?" The documentary, now in

Published 28 Oct, 2017 12:00am

Exchange

TURNING IDEAS INTO MEATY STRATEGIES

It is an honor for the Pakistan Stock Exchange to host IPO Summit-2017 in Lahore in partnership with the South Asian Federation of Stock Exchanges (SAFE). This forum helps Investors and Capital seekers to interact and understand the risks and rewards in c

Published 28 Oct, 2017 12:00am

MATCO FOODS LIMITED

About the Company Matco Foods Limited ("Matco" or the "Company") is primarily engaged in processing and export of rice and rice derived products. Matco is the largest exporter of Basmati rice from Pakistan. It processes and exports both conventiona

Published 28 Oct, 2017 12:00am

RENACON PHARMA LIMITED...IPO FOR A VERTICAL GROWTH

There are approximately more than 2.6 million patients of 'complete Kidney failure" in the world who are getting Blood Dialysis (Hemodialysis) thrice weekly in order to remain alive. The average increase in number of these patient is about 200 new patient

Published 28 Oct, 2017 12:00am

Exchange

JS Global

JS Global Capital Limited (JS Global) is a listed corporate brokerage house and is arguably one of Pakistan's oldest and largest brokerage and investment banking firms. The Company continues the legacy of the JS Group initiated by this brokerage business

Published 28 Oct, 2017 12:00am

Exchange

Arif Habib Limited: A credible name with a proven track-record

ArifHabib Limited (AHL) is a leading name in Pakistan's brokerage industry engaged in Equity trading, Investment Banking, Money Market and Forex, Commodities Trading and Securities Research. We have been market leaders in Broking and Investment Banking se

Published 28 Oct, 2017 12:00am

Mutual Funds

BMA Capital Management Limited

BMA ranks amongst the oldest and top financial groups in Pakistan and is currently celebrating its 25th anniversary. Having started operations in 1992, the company's flagship arm, BMA Capital Management serves as a full scale financial services intermedia

Published 28 Oct, 2017 12:00am

Aaj TV - Saturday's schedule

All timings are in PST (Pakistan Standard Time).

Published 28 Oct, 2017 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 28 Oct, 2017 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 28 Oct, 2017 12:00am

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 28 Oct, 2017 12:00am

Exchange

Barclays bid rates and maximum rates for payment of interest

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

Published 28 Oct, 2017 12:00am

Exchange

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (October 27, 2017).

Published 28 Oct, 2017 12:00am

Currency

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Friday (October 27, 2017).

Published 28 Oct, 2017 12:00am

Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (October 27, 2017).

Published 28 Oct, 2017 12:00am

Libor

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Friday (October 27, 2017).

Published 28 Oct, 2017 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Friday (October 27, 2017).

Published 28 Oct, 2017 12:00am

Currency

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Friday (October 27, 2017).

Published 28 Oct, 2017 12:00am

Currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Friday (October 27, 2017).

Published 28 Oct, 2017 12:00am

Mangnejo appointed PSM CEO

The federal government has appointed Shakeel Ahmed Mangnejo, a BS-20 officer of Pakistan Administration Service, as Chief Executive Officer (CEO) of Pakistan Steel Mills with immediate effect. Mangnejo has been given an additional charge of CEO Pakistan S

Published 28 Oct, 2017 12:00am

Currency

Banks' rates for currency notes (buying and selling)

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Friday (October 27, 2017).

Published 28 Oct, 2017 12:00am

Mangnejo appointed PSM CEO

The federal government has appointed Shakeel Ahmed Mangnejo, a BS-20 officer of Pakistan Administration Service, as Chief Executive Officer (CEO) of Pakistan Steel Mills with immediate effect. Mangnejo has been given an additional charge of CEO Pakistan S

Published 28 Oct, 2017 12:00am

Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (October 27, 2017).

Published 28 Oct, 2017 12:00am

Mangnejo appointed PSM CEO

The federal government has appointed Shakeel Ahmed Mangnejo, a BS-20 officer of Pakistan Administration Service, as Chief Executive Officer (CEO) of Pakistan Steel Mills with immediate effect. Mangnejo has been given an additional charge of CEO Pakistan S

Published 28 Oct, 2017 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (October 27, 2017).

Published 28 Oct, 2017 12:00am

Armed drones: FO expresses reservations over US-India deal

The Foreign Office Friday voiced Pakistan's reservations over the Indo-US deal to transfer armed drones to India and warned that it can encourage military misadventures, especially in the backdrop of irresponsible discourse about limited military operatio

Published 28 Oct, 2017 12:00am

Currency

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (October 27, 2017).

Published 28 Oct, 2017 12:00am

Armed drones: FO expresses reservations over US-India deal

The Foreign Office Friday voiced Pakistan's reservations over the Indo-US deal to transfer armed drones to India and warned that it can encourage military misadventures, especially in the backdrop of irresponsible discourse about limited military operatio

Published 28 Oct, 2017 12:00am

Currency

Currency values in terms of Special Drawing Rights

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

Published 28 Oct, 2017 12:00am

Indian atrocities denounced by Senate

Expressing concern over the US-India nexus in the South Asia, Chairman Senate Raza Rabbani on Friday categorically stated that Pakistan has neither accepted nor it will allow India to become a 'policeman' of the region come what may. This statement from t

Published 28 Oct, 2017 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Friday (October 27, 2017).

Published 28 Oct, 2017 12:00am

Indian atrocities denounced by Senate

Expressing concern over the US-India nexus in the South Asia, Chairman Senate Raza Rabbani on Friday categorically stated that Pakistan has neither accepted nor it will allow India to become a 'policeman' of the region come what may. This statement from t

Published 28 Oct, 2017 12:00am

Currency

Trump blocks some JFK files under pressure

President Donald Trump on Thursday ordered the unveiling of 2,800 documents related to the 1963 assassination of President John F. Kennedy but yielded to pressure from the FBI and CIA to block the release of some information to be reviewed further. Congre

Published 28 Oct, 2017 12:00am

Hamas security chief hurt

A car bombing Friday wounded the Hamas security head in the Gaza Strip, as the Islamist group and a rival Palestinian faction are trying to implement a thorny reconciliation deal. The explosion that wounded Tawfiq Abu Naim was immediately branded by the H

Published 28 Oct, 2017 12:00am

EFU GUARANTEED GROWTH FUND RATES

EFU Guaranteed Growth Fund Rates on Friday (October 27, 2017).

Published 28 Oct, 2017 12:00am

Hamas security chief hurt

A car bombing Friday wounded the Hamas security head in the Gaza Strip, as the Islamist group and a rival Palestinian faction are trying to implement a thorny reconciliation deal. The explosion that wounded Tawfiq Abu Naim was immediately branded by the H

Published 28 Oct, 2017 12:00am

EFU GUARANTEED GROWTH FUND RATES

EFU Guaranteed Growth Fund Rates on Friday (October 27, 2017).

Published 28 Oct, 2017 12:00am

US-Pakistan connectivity through PIA suspended

The 56-year old connectivity between Pakistan and United States through Pakistan International Airlines (PIA) has been suspended for an indefinite period. The last flight PK-711 to US flew from Lahore in the wee hours of Saturday (today) to the New York (

Published 28 Oct, 2017 12:00am

EFU GUARANTEED GROWTH FUND RATES

EFU Guaranteed Growth Fund Rates on Friday (October 27, 2017).

Published 28 Oct, 2017 12:00am

US-Pakistan connectivity through PIA suspended

The 56-year old connectivity between Pakistan and United States through Pakistan International Airlines (PIA) has been suspended for an indefinite period. The last flight PK-711 to US flew from Lahore in the wee hours of Saturday (today) to the New York (

Published 28 Oct, 2017 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Friday (October 27, 2017).

Published 28 Oct, 2017 12:00am

US-Pakistan connectivity through PIA suspended

The 56-year old connectivity between Pakistan and United States through Pakistan International Airlines (PIA) has been suspended for an indefinite period. The last flight PK-711 to US flew from Lahore in the wee hours of Saturday (today) to the New York (

Published 28 Oct, 2017 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Friday (October 27, 2017).

Published 28 Oct, 2017 12:00am

Exchange

NA body concerned at economic situation

A meeting of the National Assembly Standing Committee on Finance Friday appeared worried on the current economic situation of the country, saying the government policies do not seem to be moving in the right direction.

Published 28 Oct, 2017 12:00am

Exchange

Currency	Rate
USD PKR Interbank Selling / Mar 24	280.43
USD PKR Interbank Buying / Mar 24	280.23
USD to Japanese Yen / Mar 24	149.74
USD to Swiss Franc / Mar 24	0.88
Pound Sterling to USD / Mar 24	1.29
Euro to USD / Mar 24	1.08
UK LIBOR % / Mar 20	4.96

Stock	Volume
S&P 500 / Mar 21	5,667.56
Nasdaq / Mar 21	17,784.05
Dow Jones / Mar 21	41,985.35
India Sensex / Mar 24	77,793.05
Tokyo Nikkei / Mar 24	37,670.65
Hang Seng / Mar 24	23,618.98
FTSE 100 / Mar 24	8,686.12
Germany DAX 30 / Mar 24	23,046.22
France CAC40 / Mar 24	8,081.33

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 21	17,285
Gold 10 Grams PKR / Mar 21	273,319
Petrol/Litre / Mar 24	255.63
Crude Oil USD/Barrel / Mar 24	68.22
Gold Spot USD/Ounce / Mar 24	3,018.34
Diesel/Litre / Mar 24	258.64
Cotton US¢/pound / Mar 24	64.92

Stock	Price
Sec. Inv. Bank / Mar 24 Security Investment Bank Limited(SIBL)	7.99 ▲ 1 (14.31%)
Jubilee Spinning / Mar 24 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10.81 ▲ 1 (10.19%)
Saritow Spinning / Mar 24 Saritow Spinning Mills Limited(SSML)	19.88 ▲ 1.81 (10.02%)
Diamond Ind. / Mar 24 Diamond Industries Limited(DIIL)	30.76 ▲ 2.8 (10.01%)
Crescent Fib. / Mar 24 Crescent Fibres Limited(CFL)	45.72 ▲ 4.16 (10.01%)
Bela Auto / Mar 24 Bela Automotives Limited(BELA)	183.56 ▲ 16.69 (10%)
East West Ins. / Mar 24 East West Insurance Company Limited(EWIC)	63.02 ▲ 5.73 (10%)
Crescent Cotton / Mar 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5 (10%)
Al-Khair Gadoon / Mar 24 Al-Khair Gadoon Limited(AKGL)	45.10 ▲ 4.1 (10%)
Imperial Limited / Mar 24 Imperial Limited(IML)	18.70 ▲ 1.7 (10%)

Stock	Price
Jubile Life InsXD / Mar 24 Jubilee Life Insurance Company Limited(JLICL)	148.10 ▼ -19.22 (-11.49%)
Pakgen Power / Mar 24 Pakgen Power Limited(PKGP)	112.97 ▼ -12.55 (-10%)
Bunnys Limited / Mar 24 Bunnys Limited(BNL)	20.85 ▼ -2.31 (-9.97%)
TPL Life Insur. / Mar 24 TPL Life Insurance Limited(TPLL)	60.76 ▼ -6.66 (-9.88%)
JS Global Banking / Mar 24 JS Global Banking Sector (ETF)(JSGBETF)	18.30 ▼ -2 (-9.85%)
Baba Farid Sugar / Mar 24 Baba Farid Sugar Mills Limited(BAFS)	48.01 ▼ -5.12 (-9.64%)
Cherat Cement / Mar 24 Cherat Cement Company Limited(CHCC)	251.99 ▼ -25.37 (-9.15%)
Shadman Cotton / Mar 24 Shadman Cotton Mills Limited(SHCM)	27.04 ▼ -2.66 (-8.96%)
The Thal Ind.Corp. / Mar 24 The Thal Industries Corporation Limited(TICL)	300.34 ▼ -26.63 (-8.14%)
Noon Sugar / Mar 24 Noon Sugar Mills Limited(NONS)	73.15 ▼ -6.42 (-8.07%)

Stock	Volume
Cnergyico PK / Mar 24 Cnergyico PK Limited(CNERGY)	49,087,352 ▼ -0.04
Pak Elektron / Mar 24 Pak Elektron Limited(PAEL)	28,618,034 ▼ -2.68
Pak Refinery / Mar 24 Pakistan Refinery Limited(PRL)	27,365,824 ▼ -1.29
Fauji Foods Ltd / Mar 24 Fauji Foods Limited(FFL)	26,352,530 ▼ -0.31
B.O.Punjab / Mar 24 The Bank of Punjab(BOP)	18,341,994 ▼ -0.17
TRG Pak Ltd / Mar 24 TRG Pakistan Limited(TRG)	15,522,190 ▲ 1.89
Sui South Gas / Mar 24 Sui Southern Gas Company Limited(SSGC)	14,112,978 ▼ -0.86
Pak Int.Bulk / Mar 24 Pakistan International Bulk Terminal(PIBTL)	11,162,195 ▲ 0.13
WorldCall Telecom / Mar 24 Worldcall Telecom Limited(WTL)	10,676,385 ▼ -0.03
K-Electric Ltd. / Mar 24 K-Electric Limited(KEL)	10,144,462 ▼ -0.09

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