News Archives for Print - 2017-11-07

Print - 2017-11-07

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 Monday (November 06, 2017).

Published 07 Nov, 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 Monday (November 06, 2017).

Published 07 Nov, 2017 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Monday (November 06, 2017).

Published 07 Nov, 2017 12:00am

Libor

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Monday (November 06, 2017).

Published 07 Nov, 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 Monday (November 06, 2017).

Published 07 Nov, 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 Monday (November 06, 2017).

Published 07 Nov, 2017 12:00am

Exchange

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Monday (November 06, 2017).

Published 07 Nov, 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 07 Nov, 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 07 Nov, 2017 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 07 Nov, 2017 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 07 Nov, 2017 12:00am

Aaj TV - Tuesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 07 Nov, 2017 12:00am

European gasoline margins rise on refinery outage

Gasoline refining margins in northwest Europe rose on Friday as an outage at a big catalytic cracking unit at a UK refinery tightened supplies. Valero Energy's 90,000 barrels per day (bpd) FCC at its Pembroke refinery in Wales was down earlier this week,

Published 07 Nov, 2017 12:00am

US Plains HRW wheat bids firmer on export demand

Spot basis bids for hard red winter (HRW) wheat firmed at the US Gulf Coast on Friday, reflecting increased demand from exporters following grain sales to Iraq, while basis bids in the southern Plains interior were unchanged, dealers said. The US Departme

Published 07 Nov, 2017 12:00am

Vegetable Oil

Palm oil down on European vegoils market

Palm oil on the European vegetable oils market eased on Friday on expectations for a rise in Malaysian palm oil production and because of a technical dip in rival CBOT soyaoil futures. Asking prices for palm oil were between unchanged and $7.50 a tonne do

Published 07 Nov, 2017 12:00am

US FOB Gulf HRW wheat bids steady

Basis bids for hard red winter wheat delivered by rail to the US Gulf Coast were steady on Friday after firming a day earlier on fresh export demand, traders said. Basis bids for corn and soyabeans shipped by barge to the Gulf were steady, underpinned by

Published 07 Nov, 2017 12:00am

Exchange

Chinese coking coal futures rise

Chinese coking coal futures rose on Friday as production cuts have been less than expected at steel plants, which is supporting demand for steel making raw materials. Physical prices for coking coal in China's biggest coal mining province of Shanxi were a

Published 07 Nov, 2017 12:00am

US natural gas futures up as weather turns colder

US natural gas futures closed on Friday at their highest in over a week on forecasts utilities could start pulling gas out of storage as early as next week as heating demand rises with the weather turning seasonally cooler. If utilities start pulling gas

Published 07 Nov, 2017 12:00am

European wheat prices end on softer tone

European wheat prices ended the week on a softer tone on Friday as traders saw little fundamental news to support a further rise following the previous day's gains, with prices also failing to break above key resistance. December milling wheat on Paris-ba

Published 07 Nov, 2017 12:00am

Cotton

Cotton prices likely to hit three-month high

Cotton prices likely to hit three-month high level at Rs 7000 in the coming days if weather condition not improves, dealers said on the local market on Monday. The official spot rate went up by Rs 50 to Rs 6450, they said. As a result, prices followed the

Published 07 Nov, 2017 12:00am

Exchange

PMEX daily trading report

On Friday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,084. The traded value of Metals, Energy and COTS/FX was recorded at PKR 5.834 billion and the number of lots traded was 10,839. Major business was contributed by gold amou

Published 07 Nov, 2017 12:00am

Asian naphtha crack slips

Asia's naphtha crack slipped on Monday, but could firm in the coming days as spot cargoes traded at higher premiums, trade sources said. China's Unipec has bought a cargo for December 1-25 arrival at Caojing, China, at more than $20 a tonne to Japan quote

Published 07 Nov, 2017 12:00am

Brazil's soyabean sowing rises to 43 percent of estimated area

With the confirmation of rain showers over Brazil's Center-West region, soyabean planting advanced to 43 percent of the estimated area through Thursday, consultancy AgRural said on Friday referring to the 2017/18 crop cycle. Though a significant increase

Published 07 Nov, 2017 12:00am

US Midwest soyabean bids higher

Soyabean spot basis bids were up 10 cents per bushel at an Indiana processing plant on Friday and mostly steady to higher elsewhere in the US Midwest, buoyed by declines in futures that minimized farmer sales, merchants said. Chicago Board of Trade Januar

Published 07 Nov, 2017 12:00am

Soyameal rises on European feeds market

Soyameal on the European meals and feeds market rose on Thursday, tracking gains in CBOT soyameal on concerns over lower US soyabean yields. "Some dealers believe the yield number for soyabeans in USDA's November crop report could be lower because of the

Published 07 Nov, 2017 12:00am

Argentina to harvest 53 millon tonnes of soya

Argentina is expected to harvest 53 million tonnes of soyabean, its largest cash crop, in the 2017/18 season, the agriculture ministry said in a statement on Friday. Government estimates put wheat production for 2017/18 at 18 million tonnes, and corn prod

Published 07 Nov, 2017 12:00am

Currency

CBOT soyabean futures fall

Chicago Board of Trade soyabean futures fell on Friday amid worries about US export business as Brazil's currency weakened, making supplies from the South American agricultural exporter more attractive to buyers such as China, traders said. CBOT January s

Published 07 Nov, 2017 12:00am

Exchange

Chinese iron ore futures rise over 6 percent

Chinese iron ore futures surged more than 6 percent to their strongest level in two weeks on Monday, tracking firmer steel prices after China's top steel producing province surpassed its capacity reduction targets for the year. Expectations that demand fo

Published 07 Nov, 2017 12:00am

Activities at Karachi & Qasim Ports

The Karachi Port handled 251,767 tonnes of cargo comprising 207,287 tonnes of import cargo and 44,480 tonnes of export cargo including 4,172 loaded and empty containers during the last 24 hours ending at 0700 hours on Monday. The total import cargo of 207

Published 07 Nov, 2017 12:00am

Currency

CBOT corn futures lower

Chicago Board of Trade corn futures fell on Friday, following declines in soyabeans as Brazil's currency softened, making grains and soya from the South American country more competitive on the world market, traders said. CBOT December corn settled down 2

Published 07 Nov, 2017 12:00am

Canadian canola futures fall

ICE Canadian canola futures dropped on Friday, touching a more than one-week low, on spillover pressure from US soyabean futures, which tumbled on competitive concerns. Soyabean futures led the way down, pressured by a dip in the Brazilian real, which mak

Published 07 Nov, 2017 12:00am

Good weather boosting Ivory Coast's cocoa crops

Light rain and sunshine boosted cocoa crops in Ivory Coast, the world's top exporter, last week, although Harmattan winds could affect harvests, farmers said on Monday. The cocoa season started on October 1, but the bulk of crops will be harvested between

Published 07 Nov, 2017 12:00am

Jordan plans new city to ease crowding and congestion

Jordan has announced plans to build a new city east of the capital Amman in order to ease rising population density and traffic congestion. The project to build the city some 30 kilometres (18.5 miles) from Amman was part of a drive to stimulate the econo

Published 07 Nov, 2017 12:00am

China offers tax-free interest income in bid to spur lending to small firms

China will exempt banks' interest income from loans to small firms and rural households from value added tax, authorities said on Monday, in the latest step to address a long-standing issue of lack of financing to small firms. The policy will be in effect

Published 07 Nov, 2017 12:00am

China expects generally favourable trade environment in 2018

China's foreign trade environment will remain generally favourable in 2018, even as risks from trade protectionism are growing, the commerce ministry said on Monday. China's stronger than expected trade performance this year has provided support for the e

Published 07 Nov, 2017 12:00am

Big tech tie-up: Broadcom bids $130 billion for Qualcomm

In what could be the biggest deal ever in the tech sector, Broadcom on Monday bid $130 billion for rival chip maker Qualcomm to gain position in the booming sector fueled by growth in smartphones and an array of connected devices from cars to wearables. T

Published 07 Nov, 2017 12:00am

Indonesia Q3 growth expands slightly to 5.06 percent

Indonesia's economy grew more slowly than expected in the third quarter, dimming hopes that a high-profile drive to boost Southeast Asia's biggest economy will hit its GDP target this year. The economy expanded 5.06 percent in the July-September period fr

Published 07 Nov, 2017 12:00am

Trump lashes out at 'winning' Japan on trade

President Donald Trump lashed out Monday at the trade relationship with Japan, saying that the close ally had been "winning" for decades at the expense of the United States. Speaking to Japanese and US business leaders on the second day of his Asia tour,

Published 07 Nov, 2017 12:00am

Currency

Britain frozen out as EU finance chiefs plot future

European Union finance ministers meet without Britain in Brussels on Monday to try to iron out their differences on plans to reform the euro in the wake of the shock Brexit vote. They will prepare for a leaders' summit on December 15 to discuss proposals

Published 07 Nov, 2017 12:00am

Fuel shortage grips Sri Lanka

A Sri Lankan minister was forced Monday to apologise for a fuel shortage that has seen long queues form at gas stations and forced many commuters to leave their cars at home. Petroleum minister Arjuna Ranatunga said the government was working to resolve t

Published 07 Nov, 2017 12:00am

UK car sales skid in October

British car sales sank in October for the seventh successive month on disappointing consumer demand, industry data showed on Monday. New car registrations sank 12.2 percent year-on-year to 158,192 vehicles last month, the Society of Motor Manufacturers an

Published 07 Nov, 2017 12:00am

Currency

German industrial orders rise

German industrial orders, a key indicator of the health of Europe's biggest economy, rose unexpectedly in September, driven by booming demand for German-made goods in the eurozone, data showed on Monday. German industrial orders grew by 1.0 percent in Sep

Published 07 Nov, 2017 12:00am

Eurozone growth robust in October, prices pressures stirring

The eurozone's economy is on track for a strong finish to 2017 and firms are passing on more of their costs to consumers as pricing power increased, a survey showed on Monday. IHS Markit's final composite Purchasing Managers' Index for the euro zone fell

Published 07 Nov, 2017 12:00am

State funds support Saudi index as crackdown drags down neighbours

Buying by government-linked funds supported Saudi Arabia's stock market on Monday, asset managers said, but most other Gulf bourses fell as the Saudi crackdown on corruption sent shivers through the region. After falling in early trade, Riyadh's index reb

Published 07 Nov, 2017 12:00am

Mutual Funds

Indian shares flat

Indian shares ended nearly flat on Monday, after hitting record highs earlier in the session, as blue chips such as Bharti Airtel Ltd fell on profit-taking, though Tata Motors Ltd rallied on strong earnings expectations. The BSE index rose 0.14 percent, e

Published 07 Nov, 2017 12:00am

Tokyo stocks flat as investors lock in profits

Tokyo stocks closed flat on Monday with buying on brisk corporate results offset by selling to lock in profits. The benchmark Nikkei 225 index, which has risen to its highest level in 21 years recently, added 0.04 percent, or 9.23 points, to 22,548.35. Th

Published 07 Nov, 2017 12:00am

Monday's early afternoon trade: chip-deal talk lifts Nasdaq; telecoms weigh on S&P, Dow

Dealmaking in the chip sector lifted the Nasdaq to a new intraday high on Monday but losses in the telecom sector after the collapse of merger talks between Sprint and T-Mobile weighed on the S&P and the Dow. Shares of Qualcomm rose as much as 5.7 percent

Published 07 Nov, 2017 12:00am

Hong Kong stocks pare losses

Hong Kong stocks pared sharp losses on Monday, as mainland investors sought bargains in blue chips such as Tencent Holdings and China Construction Bank. The benchmark Hang Seng index tumbled as much as 1.6 percent in the morning session, but recouped most

Published 07 Nov, 2017 12:00am

Southeast Asian stocks broadly higher

Southeast Asian stock markets broadly ended higher on Monday, with Philippines posting a record close buoyed by gains in industrials and financials. The Philippines index jumped 1.8 percent, ending the day at a record closing high, with San Miguel Corpora

Published 07 Nov, 2017 12:00am

Sri Lankan stocks fall to two-week low

Sri Lankan shares fell on Monday to a two-week closing low as investors awaited the central bank's monetary policy decision and the national budget presentation scheduled this week. The Colombo stock index closed 0.28 percent weaker at 6,602.72, its lowes

Published 07 Nov, 2017 12:00am

China stocks rise

China stocks ended higher on Monday as robust gains in consumer and healthcare firms helped the market recoup earlier losses after curbs out of Beijing weighed on the banking and property sectors. The blue-chip CSI300 index rose 0.7 percent, to 4,020.89 p

Published 07 Nov, 2017 12:00am

European shares take a breather near two-year highs

European shares ended the day in positive territory on Monday after a session in which promising euro zone economic data and rising oil prices failed to offset some earnings and corporate news disappointment. The pan-European STOXX 600 rose a little more

Published 07 Nov, 2017 12:00am

Exchange

TSX rallies to near record

Canada's main stock index advanced on Monday to near record highs as commodity prices helped fuel energy and mining stocks to lead broad gains. Gold miner Franco Nevada Corp, which jumped 4.5 percent to C$106.17 after reporting stronger-than-forecast resu

Published 07 Nov, 2017 12:00am

Australian shares down; New Zealand flat

Australian shares ended lower on Monday, with Westpac's results weighing on the benchmark as the lender's net profit result missed expectations and pointed to difficult conditions ahead. Australia's S&P/ASX 200 index ended down 0.1 percent, or 6.08 points

Published 07 Nov, 2017 12:00am

Financials dampen FTSE as broker action dominates

Britain's top share index began the week on a subdued note on Monday, with a Barclays-led drop in financials outweighing a buoyant commodities sector. The blue-chip FTSE 100 index ended flat at 7,562,28 points, having closed at a record high in the previo

Published 07 Nov, 2017 12:00am

Currency

China's yuan moves up

China's yuan inched up against the US dollar by midday on Monday, underpinned by corporate dollar sales, while its value on a trade-weighted basis has risen to its best level since July 2016. The dollar was steady in morning trade, holding near a three-mo

Published 07 Nov, 2017 12:00am

Dollar rises against yen in Asian trade

The dollar touched its highest level in nearly eight months versus the yen on Monday, supported by expectations for continued monetary policy divergence between the Federal Reserve and the Bank of Japan. The dollar rose to as high as 114.735 yen at one po

Published 07 Nov, 2017 12:00am

Currency

Early trade in New York: dollar stays near one-week high against basket of currencies

The dollar was holding near a one-week high against a basket of currencies on Monday, with traders wary of pushing it higher because of a proposed US tax overhaul and uncertainty about the composition of the US Federal Reserve. The dollar index, which tra

Published 07 Nov, 2017 12:00am

Dollar steadies in Europe after best weekly rise in 2017

The dollar steadied on Monday after posting its biggest weekly rise so far this year as wariness about US tax reform plans and a spike in oil prices to two-year highs prompted investors to take profits. The dollar briefly popped to an eight-month high aga

Published 07 Nov, 2017 12:00am

Currency

Sri Lankan rupee edges up

The Sri Lankan rupee ended slightly firmer on Monday as dollar inflows from remittances provided support, but trade was dull ahead of the central bank's monetary policy review and the national budget presentation, dealers said. The currency continued to f

Published 07 Nov, 2017 12:00am

Currency

Most Asian currencies struggle

Most Asian currencies struggled on Monday after uninspiring US jobs data issued late last week failed to dim the prospects of another US Federal Reserve rate hike in December. Friday's employment report showed a slowdown in US wage growth and a smaller-th

Published 07 Nov, 2017 12:00am

Exchange

Aussie, kiwi on hold ahead of central bank statements

The Australian dollar huddled near four-month lows on Monday as investors wagered the country's central bank would reiterate its neutral stance at a policy meeting this week following a run of soft domestic data. New Zealand also has a policy announcement

Published 07 Nov, 2017 12:00am

Currency

Sterling recovers after worst day since week after Brexit

Sterling recouped some losses on Monday after slipping against the dollar for three consecutive weeks, but any strong gains were checked by continued uncertainty around Brexit talks and instability in the governing Conservative party. Investors are monito

Published 07 Nov, 2017 12:00am

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Monday. 80.92-80.92 (previous 80.90-80.90).

Published 07 Nov, 2017 12:00am

Currency

Canadian dollar near flat

The Canadian dollar was little changed against its US counterpart on Monday as investors weighed a series of arrests of prominent Saudi Arabians and awaited a speech on Tuesday from Bank of Canada Governor Stephen Poloz. Prices of oil, one of Canada's maj

Published 07 Nov, 2017 12:00am

Marseille tune out Evra drama, Lyon win heated derby

Marseille fans made their feelings clear to Patrice Evra as the Mediterranean side put their European troubles behind them by romping to a 5-0 win over Caen in Ligue 1 on Sunday. Evra, 36, was not involved in the game at the Velodrome having been suspende

Published 07 Nov, 2017 12:00am

West Ham sack Bilic, Moyes favourite for job

West Ham sacked manager Slaven Bilic on Monday after a poor run of results that have left the club languishing in the Premier League's relegation zone, with David Moyes the favourite replace him. The club announced the departure of the Croatian, appointed

Published 07 Nov, 2017 12:00am

Italy legend Pirlo calls time on career

Italy legend Andrea Pirlo on Monday called time on an illustrious career during which he won the 2006 World Cup, two Champions League titles and six Serie A trophies. The 38-year-old former Juventus, Inter Milan and AC Milan midfielder made a late appeara

Published 07 Nov, 2017 12:00am

Exchange

FIFA corruption trial to begin in New York

The bribery trial of three South American ex-officials is to kick off in New York on Monday, two and a half years after US prosecutors unveiled the largest graft scandal in the history of world soccer. Forty-two officials and marketing executives, and thr

Published 07 Nov, 2017 12:00am

Starc fires Ashes warning with hat-trick

Australia's pace spearhead Mitchell Starc sent a warning to England's batsmen with a hat-trick for New South Wales in a Sheffield Shield match in Sydney on Monday. The left-armer ripped through the Western Australia tail, first bowling Jason Behrendorf, t

Published 07 Nov, 2017 12:00am

Anderson open to England's vacant vice-captaincy

Veteran pace spearhead James Anderson said Monday he was open to replacing suspended Ben Stokes as England vice-captain for the coming Ashes Test series. Joe Root's squad left home without their usual deputy skipper who is awaiting the outcome of a police

Published 07 Nov, 2017 12:00am

Real roll over Las Palmas to calm crisis talk

Real Madrid quietened crisis talk after back-to-back defeats as Marco Asensio added to his collection of wonder strikes in a 3-0 victory over Las Palmas at the Santiago Bernabeu on Sunday. Victory cuts third-placed Real's deficit on Barcelona at the top o

Published 07 Nov, 2017 12:00am

Wapda wrestlers shine in 63rd Senior Wrestling Championship

The Pakistan Water and Power Development Authority (Wapda) wrestlers' secured first position in 63rd Senior Wrestling Championship 2017 held at Faisalabad. Wapda wrestlers showed exceptional performance by winning 7 gold, 2 silver and 1 bronze medals with

Published 07 Nov, 2017 12:00am

FIFPro withdraws transfer complaint

Players' union FIFPro is withdrawing its complaint to the European Commission after ratifying a deal over transfer reforms with FIFA, the two organisations announced. Among the new measures is a commitment by world football's governing body FIFA to set up

Published 07 Nov, 2017 12:00am

Treet Polo Cup 2017 begins

Treet Polo Cup 2017 will stroll into action here at the Lahore Polo Club (LPC) ground from Tuesday (today). Eight teams are participating in the tournament, which have been divided into two pools. Pool-A consists of Dewa's Own, Terra Energy, Artema Medica

Published 07 Nov, 2017 12:00am

Netanyahu signals Gaza militant bodies to be bargaining chips

Prime Minister Benjamin Netanyahu signalled Monday Israel would use the bodies of Palestinian militants as bargaining chips to retrieve the remains of soldiers believed held by Gaza's Hamas rulers. Israel blew up a tunnel stretching from the Gaza Strip in

Published 07 Nov, 2017 12:00am

South Korea announces sanctions against Pyongyang

South Korea announced new unilateral sanctions against Pyongyang - the first under President Moon Jae-In - on Monday, a day before US President Donald Trump arrives in Seoul on an Asian tour dominated by the North's nuclear programme. A total of 18 North

Published 07 Nov, 2017 12:00am

Plea for 'urgent action' on climate shadowed by Trump

Following a cascade of grim reports on the gathering pace of global warming, Fiji's prime minister on Monday appealed for "urgent action" on climate change at UN negotiations in Bonn. "The need for urgency is obvious," said Frank Bainimarama. "Our world i

Published 07 Nov, 2017 12:00am

Trump warns time for 'patience' on North Korea is over

The time for "strategic patience" with North Korea is over, US President Donald Trump warned Monday, after winning Japan's backing for his policy of considering all options to rein in the rogue state. Trump described the North's nuclear programme as "a th

Published 07 Nov, 2017 12:00am

China's military ordered to pledge total loyalty to Xi

China's military has been ordered to pledge absolute loyalty to President Xi Jinping while a paramilitary police force now literally sings his praises, further cementing his place as the country's most powerful leader in decades. The world's largest armed

Published 07 Nov, 2017 12:00am

Montreal elects its first woman mayor

The city of Montreal has elected its first woman mayor, voting in leftist rookie politician Valerie Plante to lead the growing Canadian metropolis. "Tonight we have written a new page in Montreal's history books," the jubilant 43-year-old told cheering su

Published 07 Nov, 2017 12:00am

US commerce chief defends Russian business links

US Commerce Secretary Wilbur Ross has defended personal business links to Russia revealed by the Paradise Papers, in an interview with the BBC on Monday. In a separate interview with Bloomberg, Ross indicated he could end the links but not because of any

Published 07 Nov, 2017 12:00am

One British hostage in Nigeria killed, three freed: UK

One British hostage kidnapped in Nigeria has been killed, while three others have returned home safely, the Foreign Office in London announced Monday. The four, who were working with a Christian medical charity providing free health treatment in southern

Published 07 Nov, 2017 12:00am

Russia dismisses leaks

Russia on Monday downplayed leaks in the Paradise Papers concerning Russian officials and companies, insisting the deals were legal and not politically motivated. One of the companies mentioned in the papers, petrochemicals giant Sibur, slammed media repo

Published 07 Nov, 2017 12:00am

At least seven killed in Mali

At least seven people died Monday in two attacks in Mali, as the prime minister cancelled a visit to a central town after a vehicle sent to protect his team hit a landmine. A bus travelling in the restive north was blown by a mine on Monday, killing at le

Published 07 Nov, 2017 12:00am

Ousted Catalan leader blasts Spain

Catalonia's sacked separatist leader Carles Puigdemont on Monday denounced Spain as unjust after he was freed on bail in Belgium, as the case caused tensions between the Belgian and Spanish governments. Puigdemont and four former ministers could now find

Published 07 Nov, 2017 12:00am

EU denounces 'shocking' Paradise Papers revelations

The European Union on Monday denounced as "shocking" revelations on the way top companies and dignitaries, including Britain's Queen Elizabeth II, avoid taxes using offshore wealth hubs. EU finance ministers meeting for regular talks in Brussels are due t

Published 07 Nov, 2017 12:00am

Exchange

Shanghai copper climbs

Shanghai Futures Exchange copper climbed 0.4 percent to 54,670 yuan ($8,234) a tonne on Monday supported by upbeat sentiment over potential demand from electric vehicles in the wake of last week's cheery London industry week. Goldman Sachs upgraded its ni

Published 07 Nov, 2017 12:00am

Exchange

Copper, nickel buoyed by EV demand hopes, strong economy

Nickel and copper rose on Monday, boosted by expectations of healthy demand from the electric vehicle sector, a pollution crackdown in China and signs of solid global economic growth. Participants at the LME Week industry gathering in London last week wer

Published 07 Nov, 2017 12:00am

Oil surges 3 percent, at highest since mid-2015 on Saudi purge

Oil prices rose 3 percent on Monday, hitting the highest since early July 2015, as Saudi Arabia's crown prince cemented his power over the weekend with an anti-corruption crackdown, while the US rig count fell and markets continued to tighten. Brent crude

Published 07 Nov, 2017 12:00am

Exchange

Rubber climbs

Benchmark Tokyo rubber futures hit a near four-week high on Monday, helped by a jump in Shanghai futures to highest in five weeks and the yen's decline to a near eight-month low against the dollar, brokers said. Tokyo Commodity Exchange (TOCOM) futures, w

Published 07 Nov, 2017 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

The following were Monday's Rotterdam vegetable oil prices at 1700 GMT:

Published 07 Nov, 2017 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

The following were Monday's Rotterdam vegetable oil prices at 1700 GMT:

Published 07 Nov, 2017 12:00am

Vegetable Oil

Palm oil falls to two-week low on rising output

Malaysian palm oil futures slid on Monday evening, charting a third consecutive day of losses as sentiment turned bearish over expectations of rising production and end-stock levels. The benchmark palm oil contract for January delivery on the Bursa Malays

Published 07 Nov, 2017 12:00am

New York cocoa climbs as charts strengthen, sugar turns up

Cocoa futures on ICE rose on Monday, with New York prices rallying more than 2.5 percent on chart-based buying after a potentially bullish technical pattern formed below the market, while raw sugar turned higher. The markets rose along with the 19-commodi

Published 07 Nov, 2017 12:00am

Exchange

Gold down in Asia

Gold prices on Monday held near a one-week low hit in the previous session, as the dollar firmed after largely upbeat US economic data reinforced the prospects of another rate hike by the Federal Reserve next month. Spot gold was down 0.1 percent at $1,26

Published 07 Nov, 2017 12:00am

Exchange

Gold rises in Europe

Gold edged back above $1,270 an ounce on Monday as a steadier tone to the dollar and a drop in bond yields tempted some buyers back to the metal after its third straight weekly decline. Prices remained under pressure from expectations that the Federal Res

Published 07 Nov, 2017 12:00am

US MIDDAY: soyabeans rise

US soyabean futures rose on Monday for the third time in four sessions on expectations that the government will cut its US crop yield estimate in a monthly report this week and on concerns about slow planting in Brazil. Corn and wheat futures also rose, s

Published 07 Nov, 2017 12:00am

US MIDDAY: gold jumps

Gold rose more than 1 percent on Monday, extending gains as geopolitical risks drove investors to safe-haven assets after the metal's third-straight weekly decline. The US dollar dropped against a basket of currencies, also boosting gold. Spot gold was up

Published 07 Nov, 2017 12:00am

Industry wants urea export deadline extended to December 31

Fertilizer industry is reportedly putting pressure on the government to extend urea export deadline up to December 31, 2017, well informed sources told Business Recorder. In this regard Commerce Minister Pervaiz Malik presided over a meeting with t

Published 07 Nov, 2017 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 28	277.93
USD PKR Interbank Buying / Nov 28	278.13
USD to Japanese Yen / Nov 28	151.53
USD to Swiss Franc / Nov 28	0.88
Pound Sterling to USD / Nov 28	1.27
Euro to USD / Nov 28	1.05

Stock	Volume
S&P 500 / Nov 27	5,998.74
Nasdaq / Nov 27	19,060.48
Dow Jones / Nov 27	44,722.06
India Sensex / Nov 28	79,455.91
Tokyo Nikkei / Nov 28	38,303.45
Hang Seng / Nov 28	19,368.83
FTSE 100 / Nov 28	8,289.96
Germany DAX 30 / Nov 28	19,381.32

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 27	17,685
Gold 10 Grams PKR / Nov 27	236,540
Petrol/Litre / Nov 28	248.38
Crude Oil USD/Barrel / Nov 28	68.72
Gold Spot USD/Ounce / Nov 28	2,635.70
Diesel/Litre / Nov 28	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 28 786 Investments Limited(786)	6.54 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 28 Al-Abbas Sugar Mills Limited(AABS)	615 ▼ 0.00 (0.00%)
Agro Allianz / Nov 28 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 28 Ali Asghar Textile Mills Limited(AATM)	69.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 28 Allied Bank Limited(ABL)	132.35 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 28 Abbott Laboratories (Pakistan) Limited(ABOT)	992.51 ▼ 0.00 (0.00%)
Abson Ind. / Nov 28 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 28 Alfalah Consumer Index ETF.(ACIETF)	12.20 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 28 786 Investments Limited(786)	6.54 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 28 Al-Abbas Sugar Mills Limited(AABS)	615 ▲ 0.00 (0.00%)
Agro Allianz / Nov 28 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 28 Ali Asghar Textile Mills Limited(AATM)	69.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 28 Allied Bank Limited(ABL)	132.35 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 28 Abbott Laboratories (Pakistan) Limited(ABOT)	992.51 ▲ 0.00 (0.00%)
Abson Ind. / Nov 28 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 28 Alfalah Consumer Index ETF.(ACIETF)	12.20 ▲ 0.00 (0.00%)

Stock	Volume
B.O.Punjab / Nov 28 The Bank of Punjab(BOP)	114,966,225 ▲ 0.00
Hascol Petrol / Nov 28 Hascol Petroleum Limited(HASCOL)	106,286,630 ▲ 0.00
K-Electric Ltd. / Nov 28 K-Electric Limited(KEL)	91,200,956 ▲ 0.00
Fauji Foods Ltd / Nov 28 Fauji Foods Limited(FFL)	54,248,949 ▲ 0.00
Bank Makramah / Nov 28 Bank Makramah Limited(BML)	37,218,539 ▲ 0.00
Pace (Pak) Ltd. / Nov 28 Pace (Pakistan) Limited(PACE)	35,016,136 ▲ 0.00
Sui South Gas / Nov 28 Sui Southern Gas Company Limited(SSGC)	30,887,483 ▲ 0.00
Cnergyico PK / Nov 28 Cnergyico PK Limited(CNERGY)	29,932,157 ▲ 0.00
WorldCall Telecom / Nov 28 Worldcall Telecom Limited(WTL)	26,219,598 ▲ 0.00

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