News Archives for Print - 2017-11-12

Currency

YOUR RUPEE LAST MONTH

Following currency fluctuations took place in foreign exchange rates during the last month. (October 2 to 31, 2017)

Published 12 Nov, 2017 12:00am

The Weather

The weather report on Saturday (November 11, 2017) and the forecast for Sunday (November 12, 2017).

Published 12 Nov, 2017 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (November 11, 2017).

Published 12 Nov, 2017 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (November 11, 2017).

Published 12 Nov, 2017 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (November 11, 2017).

Published 12 Nov, 2017 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (November 11, 2017).

Published 12 Nov, 2017 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (November 11, 2017).

Published 12 Nov, 2017 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (November 11, 2017)

Published 12 Nov, 2017 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Saturday (November 11, 2017).

Published 12 Nov, 2017 12:00am

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (November 11, 2017).

Published 12 Nov, 2017 12:00am

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (November 11, 2017).

Published 12 Nov, 2017 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (November 11, 2017).

Published 12 Nov, 2017 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (November 11, 2017).

Published 12 Nov, 2017 12:00am

Kerb

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Saturday (November 11, 2017).

Published 12 Nov, 2017 12:00am

Currency

The rupee sustained overnight levels against the dollar on the money market on Thursday in the process of trading, dealers said. The rupee did not move any side versus the dollar for buying and selling at Rs 107.20 and Rs 107.40 respectively, they said. T

Published 12 Nov, 2017 12:00am

Currency

THE RUPEE: no change

The rupee sustained overnight levels against the dollar on the money market on Thursday in the process of trading, dealers said. The rupee did not move any side versus the dollar for buying and selling at Rs 107.20 and Rs 107.40 respectively, they said. T

Published 12 Nov, 2017 12:00am

Cross Transactions between Client to Client & Financial Institutions

The following were the cross transactions between client to client & financial institutions here on Saturday (November 11, 2017).

Published 12 Nov, 2017 12:00am

Currency

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Saturday (November 11, 2017).

Published 12 Nov, 2017 12:00am

Aaj TV - Sunday's schedule

All timings are in PST (Pakistan Standard Time).

Published 12 Nov, 2017 12:00am

Currency

Money managers carve out even bigger shorts in CBOT grains

Money managers recorded their most bearish-ever close to October in both Chicago corn and K.C. wheat futures and options, while the Chicago wheat net short has tied with last year's record. In the week ended October 31, collective pessimism in CBOT grains

Published 12 Nov, 2017 12:00am

China's Antaike says global nickel deficit to shrink in 2018

Demand for nickel will outstrip global supply for the third year on the trot in 2018, although the size of the deficit is set to shrink, according to Chinese state-backed research firm Antaike. Appetite for nickel has been driven up as battery makers incr

Published 12 Nov, 2017 12:00am

China's break-neck commodities buying slows ahead of winter cuts

China's raw materials purchases slowed in October from record-breaking levels a month earlier, the latest sign that Beijing's factories have been clearing inventory ahead of unprecedented government steps to curb smog over winter. Part of the slowdown fro

Published 12 Nov, 2017 12:00am

Opec opens door to US-Asia trade for battered crude shippers

Cuts in Opec output that have led to a surge in US oil exports to Asia may prove a godsend for struggling global shippers, driving rates for large crude shipments to China, India and other major oil importers sharply higher over the next year. Operators s

Published 12 Nov, 2017 12:00am

ICO raises estimate for 2016/17 global coffee crop

The International Coffee Organization on Tuesday raised its estimate for 2016/17 world coffee production to a record high of 157.4 million 60kg bags, driven largely by an upward revision to arabica output in Mexico and Central America. "The significant in

Published 12 Nov, 2017 12:00am

Cotton

Cotton gains amid options expiry and mill fixations

ICE cotton futures rose on Friday with the biggest one-day percentage gain in a week, supported by buying amid December optioons expiry and mill fixations "Fixations, the December option expiration and the index fund roll kept the market supported," said

Published 12 Nov, 2017 12:00am

China's October crude oil imports tumble

China's October crude oil imports slid to their lowest monthly level in 13 months, tumbling from a near record in September, as buying from independent refiners slowed with their import quotas draining away. Data from the General Administration of Customs

Published 12 Nov, 2017 12:00am

Exchange

LME to join electric car revolution with cobalt sulphate contract

The London Metal Exchange's new cobalt contract is likely to be for a chemical compound vital for the manufacture of the batteries used in the fast-growing electric vehicle sector, its chief executive Matt Chamberlain told Reuters on Tuesday. Demand for t

Published 12 Nov, 2017 12:00am

EU crop monitor raises 2017 maize yield forecast

The European Union's crop-monitoring service raised its yield forecast for this year's EU maize crop after welcome rainfall in the southeast and left its soft wheat yield estimate unchanged as a cut for Germany was offset by a better outlook for France. I

Published 12 Nov, 2017 12:00am

Gold demand hits lowest level since 2009

Global demand for gold dropped nine percent in the third quarter, hit by weak buying in key market India, industry body the World Gold Council said Thursday. World demand in the three months to the end of September fell to 915 tonnes compared with one yea

Published 12 Nov, 2017 12:00am

USDA lowers forecast for sugar imports from Mexico

The US Agriculture Department (USDA) on Thursday said the combination of reduced sugar supply and increased demand in Mexico will make less of the sweetener available for export to the United States in 2017/18 than previously expected. Sugar exports from

Published 12 Nov, 2017 12:00am

Record yields fuel increase to USDA corn harvest view

The US corn crop will be bigger than expected as harvest yields came in at record levels despite some concerns about the crop throughout the growing season, government data showed on Thursday. The US Agriculture Department in its monthly supply and demand

Published 12 Nov, 2017 12:00am

European gasoline margins fall

Gasoline refining margins in northwest Europe fell on Thursday on slowing demand and a sharp rise in regional stocks. Gasoline stocks held in independent storage tanks at the Amsterdam-Rotterdam-Antwerp storage and refining hub rose 18 percent in the week

Published 12 Nov, 2017 12:00am

Soyameal edges up on European feeds market

Soyameal on the European meals and feeds market edged up on Thursday on positioning before fresh USDA crop and supply/demand reports, which were issued too late on Thursday for European players to react to. "Analysts expected a lower yield number in the N

Published 12 Nov, 2017 12:00am

Exchange

CBOT corn futures tumble after USDA forecasts

Chicago Board of Trade corn futures tumbled to contract lows on Thursday after the US Department of Agriculture forecast a bigger-than-expected 2017 US crop due to a record-large average yield that topped trade expectations. CBOT December corn settled dow

Published 12 Nov, 2017 12:00am

US FOB Gulf corn, soya bids firmer; wheat flat

Basis bids for corn and soyabeans delivered by barge to US Gulf Coast export terminals were steady to firm on Thursday while wheat bids were unchanged, traders said. Corn export premiums were firm on rising demand as low prices have attracted buyers. Net

Published 12 Nov, 2017 12:00am

CBOT soyabean futures fall

Chicago Board of Trade soyabean futures tumbled on Thursday after the US Department of Agriculture projected a record-large 2017 US crop and unexpectedly left its average yield forecast unchanged in a monthly report. CBOT January soyabeans settled down 13

Published 12 Nov, 2017 12:00am

Brazil drops plan for tax-free wheat import

Brazil has abandoned plans to allow a 750,000 tonne quota to import tariff-free wheat from outside the South American trade bloc Mercosur, the Argentine government said. The decision came after a series of negotiations between Brazil and Argentina, a majo

Published 12 Nov, 2017 12:00am

Thai rice prices little changed; Indian rates fall

Rice prices in Thailand were little changed this week amid government initiatives aimed at boosting the domestic market, while rates for the staple grain in India fell due to sluggish demand and fresh supplies. Thailand's benchmark 5-percent broken rice w

Published 12 Nov, 2017 12:00am

Cotton

Cotton market: business activity down on cautious buying

Business activity slowed down on the cotton market on Saturday as mills adopted cautious attitude towards new deals, dealers said.

Published 12 Nov, 2017 12:00am

Typhoon damages Vietnam's coffee

Vietnam's coffee belt incurred minor damages from Typhoon Damrey, but the storm is not expected to impact productivity, traders said on Thursday. The typhoon, Vietnam's deadliest this year, flooded some low-lying areas such as M'Drak, Krong Nang and Krong

Published 12 Nov, 2017 12:00am

US natural gas futures rise to five-month high on cold weather

US natural gas futures climbed to a five-month high on Thursday on expectations for colder-than-normal weather over the next two weeks and after a government report showed last week's storage build was smaller than average. The US Energy Information Admin

Published 12 Nov, 2017 12:00am

Asian naphtha crack recovers

Asia's naphtha crack recovered 1 percent to $124.38 a tonne on Thursday and was just $5 away from a 22-month high hit earlier in the week. Strong demand continued to drive premiums higher after levels in South Korea and Taiwan reached levels not seen sinc

Published 12 Nov, 2017 12:00am

Brazil's October coffee exports lowest since 2013

Brazil exported 2.48 million 60-kg bags of green coffee in October, the lowest amount for that month since at least 2013, exporters association Cecaf? said on Thursday. October shipments were 17.7 percent smaller than the amount reported a year earlier, l

Published 12 Nov, 2017 12:00am

Russian wheat export prices fall on global competition

Russian wheat export prices fell last week, reflecting competition with other global grain exporters, analysts said on Tuesday. Black Sea prices for Russian wheat with 12.5 percent protein content for December delivery were $192 a tonne free on board (FOB

Published 12 Nov, 2017 12:00am

Cotton

China raises 2017-18 soyabean imports forecast

China on Thursday increased its forecast for soyabean imports in the 2017/18 crop year to 95.97 million tonnes from a previous forecast of 94.5 million tonnes, boosted by strong crushing demand. China will crush 94.38 million tonnes of soyabeans in the ne

Published 12 Nov, 2017 12:00am

Vegetable Oil

Palm oil edges up on European vegetable oils market

Palm oil on the European vegetable oils market edged up on Friday on the back of a stronger ringgit and a weaker dollar, while bearish stocks and export data limited gains. MPOB data showed Malaysia's palm oil stocks at the end of October rose 8.4 percent

Published 12 Nov, 2017 12:00am

EU wheat futures turn slightly lower

Euronext wheat futures turned slightly lower in late trading on Thursday to close at a one-week low, after higher than expected estimates of US corn and soybean production quelled optimism about French wheat clinching export sales in an Algerian tender. D

Published 12 Nov, 2017 12:00am

Exchange

Chinese iron ore futures fall from seven-week high

Chinese iron ore futures pulled back from a seven-week high in volatile trading on Thursday as investors took profits in the steelmaking raw material, demand for which was at risk as many steel mills cut output as part of Beijing's fight against smog. Oth

Published 12 Nov, 2017 12:00am

US toymaker Hasbro makes new approach to buy Mattel

Hasbro Inc has made an approach to acquire rival Mattel Inc, a source familiar with the matter said on Friday, the latest attempt to combine the two biggest US toymakers in more than two decades. A deal would create a toy powerhouse, uniting Hasbro's My L

Published 12 Nov, 2017 12:00am

News Corp reports profit jump to $87 million

US media group News Corp said Thursday it returned to profit in the past quarter, as it saw improvements in digital subscriptions at the Wall Street Journal and other newspapers. The media conglomerate led by mogul Rupert Murdoch and his family reported a

Published 12 Nov, 2017 12:00am

Lufthansa says has resources for more European deals

Germany's Lufthansa has financial firepower to take part in future consolidation of Europe's airlines, its chief executive told Boersen-Zeitung in an interview published on Saturday. "We have a certain financial cushion," Ulrik Svensson said, saying 3 bil

Published 12 Nov, 2017 12:00am

Equifax offers apology for hack amid sinking earnings

Scandal-hit credit bureau Equifax on Friday apologized to consumers and investors for its massive security breach, a day after reporting a sharp drop in quarterly earnings. In an investor call, interim CEO Paulino do Rego Barros outlined steps he said the

Published 12 Nov, 2017 12:00am

Continental eyes investment in solid-state batteries

German automotive supplier Continental is considering investing in battery production to compete with Asian and US manufacturers, Chief Executive Elmar Degenhart told trade weekly Automobilwoche in an interview published on Saturday. "We could well imagin

Published 12 Nov, 2017 12:00am

Thousands protest austerity measures in Brazil

Several thousand Brazilians demonstrated on Friday as part of a day of national mobilization against government austerity measures, including a labour law that will soon come into effect. Demonstrators were also protesting against a highly-unpopular pensi

Published 12 Nov, 2017 12:00am

Volkswagen announces $650 million investment in Argentina plant

German automaker Volkswagen on Friday announced a plan to invest $650 million in an Argentina plant where it will manufacture a new sport-utility vehicle, according to a statement released by the government. Business-friendly President Mauricio Macri, who

Published 12 Nov, 2017 12:00am

Currency

Egypt says fuel subsidy costs rise in Q1, no price hikes this year

Egypt's cost of subsidized petroleum products rose 68 percent to 23.5 billion Egyptian pounds ($1.33 billion) in the first quarter of fiscal year 2017-2018 from a year earlier, Energy Minister Tariq al-Mulla told reporters on Saturday. Fuel subsidies reac

Published 12 Nov, 2017 12:00am

EBRD plans 15 more Uzbekistan projects over next year

The European Bank for Reconstruction and Development, which has just resumed lending in Uzbekistan, plans 15 more projects in the Central Asian nation in the next 12 months, EBRD first vice president Phil Bennett said on Saturday. Bennett reopened an EBRD

Published 12 Nov, 2017 12:00am

Boeing sees steady Gulf demand, interest in mid-sized jet

Boeing sought to dispel concerns about a slowdown in the growth of Gulf airlines as the aerospace industry gathered on Saturday for the Dubai Airshow. Speaking on the eve of the showcase event, executives at the US planemaker also played down the impact o

Published 12 Nov, 2017 12:00am

ArcelorMittal profit builds on market recovery

Global steel giant ArcelorMittal said Friday its net profit soared in the third quarter thanks to solid market demand as well as strong prices for its products. Sales jumped by 21.5 percent from the same period last year to $17.6 billion (15.1 billion eur

Published 12 Nov, 2017 12:00am

Exchange

BMW loses appeal of $158 million fine by Swiss competition watchdog

BMW will have to pay a $158 million fine that Swiss competition authorities imposed on the German automaker five years ago after Switzerland's top court said Friday that it had rejected its appeal. "The Federal Supreme Court of Switzerland has rejected th

Published 12 Nov, 2017 12:00am

UAE military interested in 'fifth-generation' fighter jets

The United Arab Emirates military is interested in fifth-generation fighter jets, a senior air force official said on Saturday. Deputy Commander Rashed al-Shamsi's comments indicate a possible preference for Lockheed Martin Corp's F-35 which is the only W

Published 12 Nov, 2017 12:00am

Exchange

Draining the dark pools? EU trading rules face uncertain launch

European Union efforts to bring greater transparency to stock dealing risk having the opposite effect, forcing regulators to intervene once again after new rules come into force in January. Overall, European regulators want to promote an orderly market fo

Published 12 Nov, 2017 12:00am

Baring Private Equity Asia raising new $6 billion fund

Hong Kong-based Baring Private Equity Asia is aiming to raise $6 billion in a new Asian fund, as investors hungry for growth in emerging markets fuel a regional fund-raising bonanza, five people with knowledge of the matter said.

Published 12 Nov, 2017 12:00am

Baring Private Equity Asia raising new $6 billion fund

Hong Kong-based Baring Private Equity Asia is aiming to raise $6 billion in a new Asian fund, as investors hungry for growth in emerging markets fuel a regional fund-raising bonanza, five people with knowledge of the matter said.

Published 12 Nov, 2017 12:00am

Multi-manager hedge funds hook investors with returns recovery

Multi-manager hedge funds, often star performers, have recovered from below-par returns in 2016, with investors adding $1.2 billion to them during the first three quarters of 2017. Although traditionally they are meant to achieve some of the best returns

Published 12 Nov, 2017 12:00am

Multi-manager hedge funds hook investors with returns recovery

Multi-manager hedge funds, often star performers, have recovered from below-par returns in 2016, with investors adding $1.2 billion to them during the first three quarters of 2017. Although traditionally they are meant to achieve some of the best returns

Published 12 Nov, 2017 12:00am

Exchange

Treasuries outlook: US yield curve steepens; junk sector stabilises

US Treasury yields rose on Friday, steepening the yield curve, as traders closed out some curve-flattener positions and dealers reduced their holdings of longer-dated debt following this week's auctions. Dealers sold their purchases from the $23 billion 1

Published 12 Nov, 2017 12:00am

Exchange

Treasuries outlook: US yield curve steepens; junk sector stabilises

US Treasury yields rose on Friday, steepening the yield curve, as traders closed out some curve-flattener positions and dealers reduced their holdings of longer-dated debt following this week's auctions. Dealers sold their purchases from the $23 billion 1

Published 12 Nov, 2017 12:00am

Exchange

Malaysia to liberalise bond market to draw retail investors

Malaysia will liberalise regulation around bond issuance early next year to boost retail participation in the bond and sukuk markets typically dominated by high-net worth individuals and institutional investors, the capital markets regulator said. The Sec

Published 12 Nov, 2017 12:00am

Exchange

Malaysia to liberalise bond market to draw retail investors

Malaysia will liberalise regulation around bond issuance early next year to boost retail participation in the bond and sukuk markets typically dominated by high-net worth individuals and institutional investors, the capital markets regulator said. The Sec

Published 12 Nov, 2017 12:00am

Exchange

TSX slides, but notches longest weekly win streak since 1996

Canada's main stock index finished lower for a third straight session on Friday, but it managed to rise for the full week, notching its longest weekly winning streak in more than two decades. The Toronto Stock Exchange's S&P/TSX composite index fell 42.83

Published 12 Nov, 2017 12:00am

Exchange

Euronext says profits stable on higher trading volumes

European stock market operator Euronext said Wednesday that profits held steady in the third quarter as trading volumes and the number of new stock exchange listings increased. Euronext - which operates the Paris, Amsterdam, Brussels and Lisbon stock exch

Published 12 Nov, 2017 12:00am

Mutual Funds

US fund investors snap up international stocks

US investors favoured international stock markets, pushing $4.1 billion into equity funds focused abroad during the most recent week, dodging risks at home, Lipper data showed on Thursday. Domestic stocks funds took in just $631 million during the week en

Published 12 Nov, 2017 12:00am

Mutual Funds

US fund investors snap up international stocks

US investors favoured international stock markets, pushing $4.1 billion into equity funds focused abroad during the most recent week, dodging risks at home, Lipper data showed on Thursday. Domestic stocks funds took in just $631 million during the week en

Published 12 Nov, 2017 12:00am

Exchange

Doubts about Trump tax cuts weigh on Wall Street

Wall Street ended marginally lower on Friday, with losses in Intel and Apple as investors worried about the future of promised corporate tax cuts following duelling plans unveiled by Republican lawmakers. The S&P 500 and the Dow Jones Industrial Average e

Published 12 Nov, 2017 12:00am

Currency

African currencies week ahead: Ghana's cedi to weaken amid investor uncertainty, kwacha to firm

Ghana's cedi is expected to weaken next week after the government failed to meet its energy bonds sales targets, while the Zambian kwacha is likely to firm amid an increasing supply of hard currency. GHANA - Ghana's cedi is seen weaker next week on invest

Published 12 Nov, 2017 12:00am

Currency

Brazil real unlikely to weaken much further after October sell-off

The Brazilian real is unlikely to weaken much further in coming months after an October sell-off that resulted in the currency's biggest monthly loss in 11 months, the latest Reuters poll of economists and strategists predicted. Market observers continue

Published 12 Nov, 2017 12:00am

Currency

Turkmenistan limits bank card forex withdrawals to $50/day

Banks in Turkmenistan have limited daily cash withdrawals from MasterCard and Visa cards to $50 and other payments to $200, a sign that the foreign currency shortage may be worsening in the gas-exporting Central Asian nation. The State Bank for Foreign Ec

Published 12 Nov, 2017 12:00am

Currency

Canadian dollar steadies near two-week high

The Canadian dollar held near a two-week high against its US counterpart on Friday, benefiting from a recent rise in oil prices and a weakening of the greenback this week. At 4 pm ET (2100 GMT), the Canadian dollar was little changed at C$1.2678 to the gr

Published 12 Nov, 2017 12:00am

Currency

Dollar weakens by worries over delay to hoped-for cut in US company taxes

The dollar slipped against a basket of currencies on Friday and was set for its biggest weekly drop in a month as investor disappointment that implementation of part of a planned big US tax overhaul may be delayed until 2019 put a brake on the currency's

Published 12 Nov, 2017 12:00am

Currency

CME's Melamed sees bitcoin becoming new asset class

Bitcoin is likely to become a new asset class in its own right, such as gold or stocks, which can be traded by major investors and regulated, not simply a crypto-currency, Leo Melamed, Chairman Emeritus of CME Group , said on Tuesday. CME, the world's lar

Published 12 Nov, 2017 12:00am

Currency

CME's Melamed sees bitcoin becoming new asset class

Bitcoin is likely to become a new asset class in its own right, such as gold or stocks, which can be traded by major investors and regulated, not simply a crypto-currency, Leo Melamed, Chairman Emeritus of CME Group , said on Tuesday. CME, the world's lar

Published 12 Nov, 2017 12:00am

Currency

Daily FX volumes slip 8 percent in October

Average daily traded volume in the global currency market fell 8 percent in October from the previous month, according to data from settlement system CLS. CLS, a major settler of trades in the foreign exchange market, said the average daily input volume o

Published 12 Nov, 2017 12:00am

Currency

Cryptocurrencies can never drive out money: ECB's Constancio

Cryptocu-rrencies will never prevail as a general money substitute and central banks are unlikely to create digital currencies of their own without limits, European Central Bank Vice President Vitor Constancio said on Thursday. With the value of bitcoin s

Published 12 Nov, 2017 12:00am

Currency

Brexit talk breakthrough would bestow biggest boost on sterling

Progress in Britain's divorce talks with the European Union would give the biggest boost to sterling in the coming year, according to foreign exchange strategists who painted a benign outlook for the pound. There has been scant headway in negotiations and

Published 12 Nov, 2017 12:00am

Currency

China's yuan to slip as US dollar regains lost ground

China's yuan is expected to weaken slightly over the coming year as renewed hopes of sweeping tax reform in the United States and gradual Federal Reserve rate hikes hand back control to the dollar, a Reuters poll of currency strategists showed. Having fal

Published 12 Nov, 2017 12:00am

'Karate kick' Evra leaves Marseille, banned until June 30

Patrice Evra parted ways with Marseille on Friday after his infamous karate kick on one of his own fans, just moments after being banned from European tournaments until June 30, 2018. Marseille said they and the 36-year-old defender had both agreed the fo

Published 12 Nov, 2017 12:00am

Italy lose to Sweden in World Cup play-off first leg

Sweden claimed a precious 1-0 first-leg victory over Italy in their World Cup play-off at Stockholm on Friday, leaving the four-time champions in danger of missing the tournament for the first time in 60 years. Substitute Jakob Johansson grabbed the only

Published 12 Nov, 2017 12:00am

Aguero seals Argentina win in Moscow

A late goal from Sergio Aguero unlocked a stubborn Russian defence on Saturday as Argentina won 1-0 in the ground that will stage the World Cup final next year. The goal by the Manchester City forward gave the South Americans a deserved win at Moscow's re

Published 12 Nov, 2017 12:00am

Treet Polo Cup 2017 final today

Remington Polo will take on Dewa's Own in the Treet Polo Cup 2017 final to be played here at the Lahore Polo Club (LPC) ground on Sunday (today) at 3:00pm. The subsidiary final will be contested between Terra Energy and Dawood Group at 2:00 pm. Packages L

Published 12 Nov, 2017 12:00am

PSL-III edition: Rumman Raees named Islamabad United's VC

Pacer Rumman Raees will be Islamabad United's vice-captain for the third edition of the Pakistan Super League (PSL). Raees will work under the franchise's skipper and the most successful captain in Pakistan's Test history, Misbah-ul-Haq. In addition, Saee

Published 12 Nov, 2017 12:00am

Trailblazer Feng is China's first world No 1 golfer

Feng Shanshan is to be China's first golfer ranked world number one after she claimed back-to-back wins with a thrilling victory at the Blue Bay LPGA on Saturday. No Chinese golfer, male or female, has ever topped the rankings before and her slice of hist

Published 12 Nov, 2017 12:00am

Fed Cup: Vandeweghe puts USA one up against Belarus

CoCo Vandeweghe beat Belarus' Aliaksandra Sasnovich in straight sets on Saturday to give the visitors the United States the lead in their first Fed Cup final since 2010. World's number 10 Vandeweghe won, 6-4, 6-4, in one hour 27 minutes her first ever mee

Published 12 Nov, 2017 12:00am

Figure skating: Russians Medvedeva, Voronov win singles titles

Two-time world champion Evgenia Medvedeva won her first NHK Trophy title while her compatriot Sergei Voronov claimed his first Grand Prix title in the men's event, boding well for Russia in the Olympic season. Medvedeva, 17, maintained her lead from the s

Published 12 Nov, 2017 12:00am

Overton presses Test claims in England's big tour win

Craig Overton improved his chances of an England Test debut in this month's Ashes series with an impressive bowling performance in the emphatic tour win over the Cricket Australia XI in Adelaide on Saturday. England needed just half an hour to wrap up a c

Published 12 Nov, 2017 12:00am

Injury fears cloud Nadal-Federer dream clash at ATP Finals

Rafael Nadal and Roger Federer can set up a dream climax to the 2017 season at the ATP World Tour Finals, but organisers are sweating on the Spaniard's fitness and a new crop are itching to spoil the party. The two all-time greats get star billing in Lond

Published 12 Nov, 2017 12:00am

Exchange

Three Chinese students hurt in car attack near Toulouse

A man "deliberately" rammed his car into a group of pedestrians, injuring three Chinese students one of them seriously, near the French city of Toulouse on Friday, authorities said, adding that the attack was not linked to terrorism. The 28-year-old drive

Published 12 Nov, 2017 12:00am

EU states to sign joint defence pact

More than 20 EU states are set to sign up for a landmark joint defence pact on Monday as Europe seeks closer military ties in the wake of Brexit and as Russia flexes its muscles to the east. The permanent structured cooperation on defence - or PESCO - aim

Published 12 Nov, 2017 12:00am

Egypt FM to tour Gulf in push for political solution

Egypt's Foreign Minister Sameh Shoukry will embark on a Gulf tour to push for a political solution as tensions rise between Saudi Arabia, Iran and Lebanon's Hezbollah, his ministry said Saturday. Shoukry, whose government is closely allied with Saudi Arab

Published 12 Nov, 2017 12:00am

Saudi easing of Yemen blockade not enough: EU, UN

The Saudi-led coalition's easing of its blockade on famine-threatened Yemen is "a step in the right direction" but does not go far enough, the European Union and United Nations said. The coalition shut down Yemen's borders on Monday in response to a missi

Published 12 Nov, 2017 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 1	277.78
USD PKR Interbank Buying / Nov 1	277.68
USD to Japanese Yen / Nov 1	153.01
USD to Swiss Franc / Nov 1	0.87
Pound Sterling to USD / Nov 1	1.29
Euro to USD / Nov 1	1.08

Stock	Volume
S&P 500 / Nov 1	5,728.80
India Sensex / Nov 1	79,724.12
Tokyo Nikkei / Nov 1	38,053.67
Nasdaq / Nov 1	18,239.92
Hang Seng / Nov 1	20,506.43
FTSE 100 / Nov 1	8,177.15
Dow Jones / Nov 1	42,052.19
Germany DAX 30 / Nov 1	19,254.97

Item	Value
Crude Oil USD/Barrel / Nov 1	69.49
Karachi Cotton PKR/37.32 KG / Nov 1	18,085
Gold 10 Grams PKR / Nov 1	244,084
Gold Spot USD/Ounce / Nov 1	2,736.53
Cotton US¢/pound / Nov 1	70.17
Petrol/Litre / Nov 3	248.38

Stock	Price
786 Invest Ltd / Nov 3 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 3 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Nov 3 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Nov 3 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 3 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Nov 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 3 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 3 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 3 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Nov 3 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Nov 3 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 3 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Nov 3 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 3 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Nov 3 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Nov 3 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Nov 3 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Nov 3 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Nov 3 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Nov 3 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Nov 3 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Nov 3 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Nov 3 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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