News Archives for Print - 2017-12-08

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Print - 2017-12-08

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (December 07, 2017).

Published 08 Dec, 2017 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Thursday (December 07, 2017).

Published 08 Dec, 2017 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Thursday (December 07, 2017).

Published 08 Dec, 2017 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Thursday (December 07, 2017).

Published 08 Dec, 2017 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Thursday (December 07, 2017).

Published 08 Dec, 2017 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Thursday (December 07, 2017).

Published 08 Dec, 2017 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Thursday (December 07, 2017).

Published 08 Dec, 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 08 Dec, 2017 12:00am

Currency

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Thursday (December 07, 2017).

Published 08 Dec, 2017 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (December 07, 2017).

Published 08 Dec, 2017 12:00am

Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (December 07, 2017).

Published 08 Dec, 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 Thursday (December 07, 2017).

Published 08 Dec, 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 Thursday (December 07, 2017).

Published 08 Dec, 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 Thursday (December 07, 2017).

Published 08 Dec, 2017 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Thursday (December 07, 2017).

Published 08 Dec, 2017 12:00am

Libor

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Thursday (December 07, 2017).

Published 08 Dec, 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 Thursday (December 07, 2017).

Published 08 Dec, 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 Thursday (December 07, 2017).

Published 08 Dec, 2017 12:00am

Exchange

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Thursday (December 07, 2017).

Published 08 Dec, 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 08 Dec, 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 08 Dec, 2017 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 08 Dec, 2017 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 08 Dec, 2017 12:00am

Aaj TV - Friday's schedule

All timings are in PST (Pakistan Standard Time).

Published 08 Dec, 2017 12:00am

Exchange

PMEX daily trading report

On Wednesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,031. The traded value of Metals, Energy and COTS/FX was recorded at PKR 3.660 billion and the number of lots traded was 7,315.

Published 08 Dec, 2017 12:00am

Bangladesh tea prices rise

Tea prices in Bangladesh edged up at the weekly auction due to strong winter demand despite higher volumes on offer. Bangladeshi tea fetched an average price of 238.47 taka ($2.80) per kg at the auction on Tuesday, compared with a revised price of 238.16

Published 08 Dec, 2017 12:00am

CBOT wheat futures ease on ample supply

US wheat futures eased about 1 percent on Tuesday in spreading and technically driven trade amid abundant global supplies, traders said. The thinly traded front-month Chicago Board of Trade December wheat contract finished 4-1/4 cents lower at $4.06 per b

Published 08 Dec, 2017 12:00am

Activities at Karachi and Qasim Ports

The Karachi Port handled 166,774 tonnes of cargo comprising 125,971 tonnes of import cargo and 40,803 tonnes of export cargo including 6,735 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday.

Published 08 Dec, 2017 12:00am

Cotton

Rates hit season's high

Renewed buying by mills and spinners pushed the rates to hit season's high on the cotton market on Thursday in the process of trading, dealers said. The official spot rate was unchanged at Rs 6,600, they said. In ready session, over 20,000 bales of cotton

Published 08 Dec, 2017 12:00am

CBOT corn futures flat

Chicago Board of Trade corn futures were roughly unchanged on Tuesday in technically driven dealings amid a lack of fresh news to push prices up or down, traders said. Most-active CBOT March corn settled 1/4 cent higher at $3.53-3/4 per bushel, near the l

Published 08 Dec, 2017 12:00am

Cotton

Cotton prices remain firm

Cotton prices in the domestic market firmed up on Thursday despite recent news that India has allowed exports from January 2018 to March 2018. This will enable local mills to make further purchases of good quality cotton from India which is presently econ

Published 08 Dec, 2017 12:00am

Cotton

Cotton prices remain firm

Published 08 Dec, 2017 12:00am

World Bank cuts Kenya's 2017 economic growth estimate to 4.9 percent

The World Bank has cut its 2017 growth estimate for Kenya's economy to 4.9 percent, which would be the slowest annual expansion in five years, due to drought, sluggish credit growth and a prolonged election season, it said on Thursday. The lender had alre

Published 08 Dec, 2017 12:00am

Carrefour and Fnac Darty form French purchasing partnership

French retailers Carrefour and Fnac Darty will team up for purchases of domestic appliances and consumer electronics in France as Carrefour seeks to cut costs and boost earnings, the companies said on Tuesday. The purchasing agreement will take effect for

Published 08 Dec, 2017 12:00am

Business investment boosts Australia's economy

Australia's economy grew 0.6 percent in the third-quarter, as business investment lifted despite weak household spending, reflecting the divergence between the two segments, official data showed Wednesday.

Published 08 Dec, 2017 12:00am

Brazil cuts rates to all-time low, hints at smaller February cut

Brazil's central bank cut interest rates to an all-time low on Wednesday and hinted at another, smaller reduction in February, but urged caution as major fiscal reforms hung in the balance.

Published 08 Dec, 2017 12:00am

Canada central bank keeps key lending rate at one percent

Canada's central bank on Wednesday maintained its key lending rate at one percent, saying it expects an uptick in the economy to moderate as the year comes to an end. Job creation, consumer spending and business investment have been strong in 2017, but th

Published 08 Dec, 2017 12:00am

China's CNOOC spends big on floating LNG emergency stash

China's state-owned CNOOC is spending $10 million to lease two tankers to store an emergency stash of liquefied natural gas (LNG) amid growing concerns that China is facing a winter fuel crisis, a source with direct knowledge of the matter said. LNG tanke

Published 08 Dec, 2017 12:00am

Exchange

Ex-Volkswagen executive sentenced to seven years for 'dieselgate'

A US court on Wednesday sentenced former Volkswagen executive Oliver Schmidt to seven years in prison for his role in the German automaker's "dieselgate" emissions cheating scandal. Schmidt, who led Volkswagen's US regulatory compliance office from 2012 t

Published 08 Dec, 2017 12:00am

China's Sinopec looking to sell Nigeria business

China's Sinopec Group has hired BNP Paribas to sell its oil business in Nigeria and Gabon, three people with knowledge of the matter said, as the state-owned oil giant pares back its presence in Africa. Sinopec and other oil groups including China Nationa

Published 08 Dec, 2017 12:00am

Struggling General Electric to cut 12,000 power jobs globally

Embattled industrial giant General Electric announced Thursday it will cut more than 12,000 blue and white collar jobs in its GE Power unit, part of a turnaround plan launched by the new company leadership. The layoffs will primarily hit facilities outsid

Published 08 Dec, 2017 12:00am

Barclays loses top spot in government bond syndications

British bank Barclays has slid down the rankings in arranging European government bond sales as new regulations and Brexit uncertainty cause upheaval in the sector. Barclays had the largest share of the government syndicated bond market in 2015 and 2016 w

Published 08 Dec, 2017 12:00am

Barclays loses top spot in government bond syndications

Published 08 Dec, 2017 12:00am

Exchange

China foreign exchange reserves rise for 10th month

China's foreign exchange reserves rose for a 10th straight month in November, though slightly less than market expectations, as tight regulations and a strong yuan continued to discourage capital outflows. Capital flight had been seen as a major risk for

Published 08 Dec, 2017 12:00am

Global regulators seal final post-crisis banking rules

Regulators from around the world tied off the final round of new regulations for banks in Frankfurt on Thursday, the Basel Committee on Banking Supervision said in a statement, closing a saga begun at the height of the financial crisis.

Published 08 Dec, 2017 12:00am

US jobless claims decline for third straight week

The number of Americans filing for unemployment benefits unexpectedly fell last week, suggesting a rapid tightening of the labour market that bolsters expectations the Federal Reserve will raise interest rates next week. While another report on Thursday s

Published 08 Dec, 2017 12:00am

EU wins powers on new cars after Volkswagen diesel scandal

The EU gained new powers Thursday to spot-check vehicles and fine automakers under tougher rules agreed after the Volkswagen emissions cheating scandal. The European Commission, the European Parliament and the 28 member states of the European Council said

Published 08 Dec, 2017 12:00am

World's biggest sovereign fund enters Asian property market

Norway's sovereign wealth fund, the world's biggest at more than $1 trillion, has made its first investment in the Asian real estate market, the Norwegian central bank said on Thursday. The fund, which has already invested in property in Europe and North

Published 08 Dec, 2017 12:00am

Qatar, France sign billion-dollar fighter jet deal

Qatar agreed Thursday to buy 12 French-built fighter jets, part of a multi-billion-dollar raft of deals announced as President Emmanuel Macron visited the emirate, hit by the Gulf's worst political crisis in years. The 1.1-billion-euro ($1.3 billion) orde

Published 08 Dec, 2017 12:00am

Saudi index bounces from technical support, Middle Eastern markets mostly sluggish

Most Middle Eastern stock markets were sluggish on Thursday but Saudi Arabia's index rebounded from technical support in its heaviest trading volume since June. The Saudi index rose 0.9 percent to 7,086 points, bouncing from near strong support around 7,0

Published 08 Dec, 2017 12:00am

Exchange

Tokyo stocks recover

Tokyo stocks on Thursday recovered from a two-percent drop in the key index the previous day amid lingering worries over US President Donald Trump's decision to recognise Jerusalem as Israel's capital. The benchmark Nikkei 225 index gained 1.45 percent, o

Published 08 Dec, 2017 12:00am

Exchange

Tech recovers, but not enough to push Wall Street higher

The S&P 500 fell a tiny bit on Wednesday, with Microsoft and other technology stocks making modest gains but not quite offsetting losses in energy shares after oil prices dropped more than 2 percent. It was the index's fourth straight negative session, th

Published 08 Dec, 2017 12:00am

Treasury yields fall across the board

US Treasury yields fell across the board on Wednesday as risk appetite slid after a sell-off in some foreign equity markets, with further pressure coming from a batch of largely underwhelming US economic data and geopolitical risks. US President Donald Tr

Published 08 Dec, 2017 12:00am

Treasury yields fall across the board

Published 08 Dec, 2017 12:00am

India's NSE index up

India's NSE index rose the most in more than six months on Thursday, recovering from recent losses, as lenders such as State Bank of India gained on expectation that the government would soon reveal details of a recapitalisation plan.

Published 08 Dec, 2017 12:00am

Exchange

Blue chips lead China stocks lower

China stocks extended falls on Thursday, as investors booked profits from this year's strong rally in blue chips. At the close, the Shanghai Composite index was down 21.96 points or 0.67 percent at 3,272.01 points.

Published 08 Dec, 2017 12:00am

Comeback in banks, tech lifts eurozone stocks

European shares edged up on Thursday as financial and tech stocks recovered, while troubled furniture retailer Steinhoff sank further, stung by an accounting scandal. Investors recovered their risk appetite, pushing euro zone stocks up 0.2 percent, with f

Published 08 Dec, 2017 12:00am

Sri Lankan shares steady

Sri Lankan shares closed steady on Thursday, after three straight losing sessions, as gains led by financials were offset by losses in mid-cap stocks. The Colombo Stock Index firmed 0.03 percent at 6,382.95, hovering around a near three-month closing low

Published 08 Dec, 2017 12:00am

Southeast Asian markets: Singapore extends fall; Philippines up

Singapore shares fell for a fourth straight session on Thursday, dragged down by industrials and financials, while Philippine stocks rose for a second time in three days. Asian shares hovered above two-month lows as some high-tech bellwethers bounced back

Published 08 Dec, 2017 12:00am

Energy stocks, Brexit drama send FTSE to ten-week low

UK stocks fell to a 10-week low on Thursday, weighed down by energy stocks and consumer staples as sterling edged higher on a glimmer of hope in Brexit talks. The blue-chip FTSE 100 ended the session down 0.4 percent, with oil majors BP and Royal Dutch Sh

Published 08 Dec, 2017 12:00am

Thursday's early afternoon trade: stocks higher on technology shares

US stocks edged higher in early afternoon trading on Thursday as popular technology stocks gained a firm footing after a bout of selloff and industrial stocks rose. Shares of Facebook, Apple and Alphabet gained between 1.7 percent and 0.5 percent and were

Published 08 Dec, 2017 12:00am

Hong Kong stocks rise

Hong Kong's benchmark index rose slightly on Thursday, aided by a rebound in index heavyweight Tencent Holdings, which jumped 3.3 percent. At close of trade, the Hang Seng index was up 78.39 points or 0.28 percent at 28,303.19. The Hang Seng China Enterpr

Published 08 Dec, 2017 12:00am

Currency

Bitcoin roars to record past $15,000

Bitcoin soared past $15,000 to a fresh record on Thursday, triggering warnings about the cryptocurrency's rapid ascent ahead of its looming launch on mainstream markets.

Published 08 Dec, 2017 12:00am

Currency

Dollar inches up against peers in Asia

The dollar edged up against peers on Thursday, shaking off earlier losses versus the yen, supported by signs that investors' risk appetites were improving again and by optimism on US tax reforms. The greenback was 0.1 percent higher at 112.380 yen after d

Published 08 Dec, 2017 12:00am

Currency

Dollar rebounds in Europe

The dollar hit a two-week high against a basket of currencies on Thursday, recovering recent losses against the yen, on stronger risk appetite across markets and on optimism that the United States will successfully push through a tax reform programme. The

Published 08 Dec, 2017 12:00am

Exchange

Early trade in New York: dollar rallies on stronger risk appetite

The dollar rose to a two-week high against a basket of currencies on Thursday, recovering losses against the yen, on stronger risk appetite across markets and on optimism the United States will successfully push through a tax reform program. The greenback

Published 08 Dec, 2017 12:00am

Currency

Dollar index edges higher in NY

The dollar edged higher against a basket of major currencies to hit a two-week high on Wednesday, as market participants grew more optimistic about lawmakers' progress on US tax legislation. The dollar index, which measures the greenback against six rival

Published 08 Dec, 2017 12:00am

Currency

Asian currencies drift as investors shy away from risk

Most Asian currencies drifted on Thursday, with investors shying away from risk ahead of key central bank meetings next week and due to political uncertainty in the Middle East. Market players expect the mood to be cautious in the run up to next Thursday,

Published 08 Dec, 2017 12:00am

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Thursday. 82.50-82.50 (Previous 82.40-82.40).

Published 08 Dec, 2017 12:00am

Currency

Sterling bounces but holds near eight-day lows

Sterling rebounded off the day's lows but remained well near an eight-day low on Thursday as investors doubted whether British officials will be able to break through a deadlock before a crucial EU summit next week. "Sterling is a binary risk at the momen

Published 08 Dec, 2017 12:00am

Currency

Aussie slips, kiwi steady

The Australian dollar slipped to more than two-week lows on Thursday after data showed the country's trade surplus slumped in October on weaker iron ore prices, while its New Zealand cousin remained within recent ranges. The Australian dollar fell 0.3 per

Published 08 Dec, 2017 12:00am

Liverpool through in Champions League, Ronaldo claims new record

Philippe Coutinho's hat-trick inspired Liverpool to score seven in their win over Spartak Moscow on Wednesday as they joined Sevilla, Shakhtar Donetsk and Porto in qualifying for the Champions League last 16. That quartet completed the line-up on the fina

Published 08 Dec, 2017 12:00am

Singapore revokes citizenship of 'football match-fixer'

Singapore Thursday revoked the citizenship of a Malian-born footballer for allegedly being a member of a global match-fixing syndicate, authorities and reports said. Local media said Gaye Alassane, who played with a local club, was first detained in 2013

Published 08 Dec, 2017 12:00am

Tokyo 2020 unveil bug-eyed Olympic mascot hopefuls

Tokyo Olympic organisers unveiled a shortlist of three official 2020 Games mascots Thursday - from bug-eyed cartoon heroes to cuddly raccoons. The Olympic and Paralympic designs, which celebrate the themes of harmony, diversity and resilience, were unveil

Published 08 Dec, 2017 12:00am

Video referees to be used in FA Cup ties

Video assistant referees will be used for the first time in English competitive football in this season's FA Cup, the Football Association said on Thursday. Brighton's third-round clash with Crystal Palace on January 8 has been selected for the trial of t

Published 08 Dec, 2017 12:00am

PSL-III schedule announced, final in Karachi

The third edition of Pakistan Super League (PSL) will get underway from February 22, 2018 with the opening encounter between defending champion Peshawar Zalmi and new entrants Multan Sultans in Dubai International Stadium. The official schedule of PSL-III

Published 08 Dec, 2017 12:00am

Ufone supports to hold Taekwondo Championship

As part of a continuous endeavour to promote sports, Ufone is supporting the Pakistan Taekwondo Federation in organizing a championship from December 8 to 13, 2017 at Liaquat Gymnasium, Pakistan Sports Board, Islamabad. This is the first Taekwondo event w

Published 08 Dec, 2017 12:00am

Honda Chenab in December Polo Cup main final

Honda Chenab qualified for another main final after edging past Black Horse Paints/Artema Medical in the December Polo Cup 2017 match played here at the Lahore Polo Club (LPC) ground on Thursday. Bilal Haye and Ahmed Ali Tiwana played key role in Honda Ch

Published 08 Dec, 2017 12:00am

Aamir Shehzad wins 30th KP Snooker Championship

Aamir Shehzad of Azad Jammu and Kashmir upset international Shah Khan of Peshawar in the final of the 30th Khyber Pakhtunkhwa Men Snooker Championship played at Makan Bagh Sports Complex Mingora Swat on Thursday. Former Sports Minister and Vice President

Published 08 Dec, 2017 12:00am

IPL spend could hit $96 million as wage cap rises 20 percent

The Indian Premier League, one of the world's richest sports competitions, will let teams splurge up to $12 million each on player salaries in 2018, an increase of 20 percent. After a meeting in New Delhi on Wednesday, the IPL governing council also said

Published 08 Dec, 2017 12:00am

Smog should stop play, Indian doctors tell cricket bosses

Cricket organisers must take pollution into account before allowing matches to go ahead, the Indian Medical Association told the country's governing body for the sport Thursday, after a smog-plagued Test match in New Delhi. The IMA said in a letter to the

Published 08 Dec, 2017 12:00am

Brussels loses Euro 2020 matches to Wembley

Wembley Stadium in London will host four Euro 2020 matches originally set to be staged in Brussels, UEFA president Aleksander Ceferin said on Thursday. The European football governing body's executive committee decided "unanimously" to strip Brussels of i

Published 08 Dec, 2017 12:00am

Stokes and Hales in England one-day squad for Australia

Suspended all-rounder Ben Stokes was included Thursday in England's squad for their one-day series against Australia, although whether he plays remains in doubt. Stokes is currently banned from international cricket while British authorities probe his all

Published 08 Dec, 2017 12:00am

US House approves easing of interstate rules on concealed guns

US lawmakers voted Wednesday to allow gun owners to carry concealed firearms across state lines, a controversial bill that critics say is aimed at undermining national gun control efforts. The move came two months after the worst mass shooting in modern U

Published 08 Dec, 2017 12:00am

EU sues Czechs, Hungary, Poland over refugee quotas

The EU took the Czech Republic, Hungary and Poland to the bloc's top court Thursday over their refusal to accept quotas for asylum-seekers, setting up a new clash between Brussels and key eastern states. The move shows the determination in Brussels to enf

Published 08 Dec, 2017 12:00am

Erdogan riles Greek hosts with revisionist talk

President Recep Tayyip Erdogan began a state visit to Greece on Thursday, the first by a Turkish head of state in 65 years, by needling his hosts with revisionist border talk and complaints about its treatment of Muslims. In what he called a "historic" vi

Published 08 Dec, 2017 12:00am

Nepal votes in final round of historic polls

Nepal voted Thursday in the final round of historic parliamentary elections aimed at drawing a line under years of conflict and political turmoil in the Himalayan country. Thousands of police and soldiers were deployed in the capital Kathmandu and the vol

Published 08 Dec, 2017 12:00am

Cambodia laughs off Washington threats over democracy

Cambodia's government on Thursday laughed off rare efforts by Donald Trump's administration to punish it over a clampdown on democracy and human rights, as the kingdom effectively becomes a one-party state under strongman Hun Sen. The State Department sai

Published 08 Dec, 2017 12:00am

US warns Russia over Ukraine at OSCE meeting

The United States warned Russia on Thursday that its ties with the West can never recover until it pulls its forces out of Ukraine, as OSCE foreign ministers met in Vienna. Diplomats had hoped that meetings on the sidelines of the 57-nation body would mak

Published 08 Dec, 2017 12:00am

Huge Catalan march in Brussels to 'wake up Europe'

A sea of around 45,000 supporters of Catalan independence demonstrated in Brussels on Thursday to back deposed president Carles Puigdemont and urge the EU to stop siding with Spain over the region's independence drive. Demonstrators chanted "Wake up Europ

Published 08 Dec, 2017 12:00am

Slovenian spies on strike

Slovenian secret service agents have gone on strike for the first time in their history demanding better pay and working conditions, the government said Thursday. It said in a statement however that "all tasks crucial for national security and other state

Published 08 Dec, 2017 12:00am

Zimbabwe orders return of land to white farmer

Zimbabwe's new government ordered Thursday that land confiscated from a white farmer to give to an ally of former president Robert Mugabe must be returned. Robert Smart, who grew tobacco and corn on his farm in Makoni in eastern Zimbabwe, was evicted in J

Published 08 Dec, 2017 12:00am

EU sets Sunday deadline after 'no white smoke' on Brexit

The European Commission said Thursday that there was still "no white smoke" on a Brexit deal and set a limit of Sunday for British Prime Minister Theresa May to return to Brussels with an acceptable deal. "So far no white smoke. We stand ready to receive

Published 08 Dec, 2017 12:00am

Germany expels 27 Afghans despite protests

Germany said Thursday that it had expelled 27 Afghan men, despite fierce protests from opponents who say it is not safe to return them to war-torn Afghanistan. "This morning, 27 people were returned to Afghanistan," the interior ministry announced on Twit

Published 08 Dec, 2017 12:00am

Queen inaugurates new 'best of British' aircraft carrier

Queen Elizabeth II formally commissioned into the British navy the UK's newest and biggest aircraft carrier, HMS Queen Elizabeth, at a ceremony on Thursday. The warship, which cost £3.0 billion (3.4 billion euros, $4.0 billion) to build, was hailed as "a

Published 08 Dec, 2017 12:00am

Cotton

Cotton rises on Indian crop concerns

ICE cotton futures edged up on Wednesday, hovering near more than two-month highs hit last week on concerns over crop damage in top producer India. Cotton contracts for March settled up 0.21 cent, or 0.29 percent, at 72.72 cents per lb., and traded in a r

Published 08 Dec, 2017 12:00am

Exchange

Shanghai copper slips

Shanghai Futures Exchange copper slipped 0.2 percent to 51,490 yuan ($7,786) a tonne on Thursday amid signs that growth in China's property and power sectors, both major copper consumers, is tapering into the year-end. Short-term demand for copper in Chin

Published 08 Dec, 2017 12:00am

Exchange

Copper rises on bargain hunting, gains seen as fragile

Copper rose on Thursday as bargain hunters took advantage of recent losses, although analysts expect further downward pressure because of weaker demand from China. "The general tendency is still to buy the dips. There's still some optimism there," said Ca

Published 08 Dec, 2017 12:00am

Oil soars over one percent on threatened Nigeria strike, short covering

Oil prices climbed more than 1 percent on Thursday due to a threatened strike in Nigeria and as traders cover shorts after sharp losses the previous day brought on by an unexpectedly large rise in US stocks of refined fuels. "Short covering in the market,

Published 08 Dec, 2017 12:00am

Exchange

Rubber climbs

Benchmark Tokyo rubber futures climbed on Thursday as gains in Japanese stock market and a weaker yen against the US dollar helped boost risk appetite among investors, dealers said. The Tokyo Commodity Exchange (TOCOM) rubber contract for May delivery

Published 08 Dec, 2017 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 7	278
USD PKR Interbank Buying / Nov 7	277.85
USD to Japanese Yen / Nov 7	154.11
USD to Swiss Franc / Nov 7	0.88
Pound Sterling to USD / Nov 7	1.29
Euro to USD / Nov 7	1.07

Stock	Volume
S&P 500 / Nov 6	5,929.04
Nasdaq / Nov 6	18,983.46
Dow Jones / Nov 6	43,729.93
Germany DAX 30 / Nov 6	19,039.31
France CAC40 / Nov 6	7,369.61
India Sensex / Nov 7	79,507.26
Tokyo Nikkei / Nov 7	39,366.94
Hang Seng / Nov 7	20,858.18

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 6	18,285
Gold 10 Grams PKR / Nov 6	242,941
Petrol/Litre / Nov 7	248.38
Crude Oil USD/Barrel / Nov 7	72.04
Gold Spot USD/Ounce / Nov 7	2,657.92
Diesel/Litre / Nov 7	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 7 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 7 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Nov 7 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 7 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 7 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Nov 7 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 7 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Nov 7 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 7 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 7 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 7 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Nov 7 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 7 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 7 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Nov 7 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 7 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Nov 7 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 7 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Nov 7 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Nov 7 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Nov 7 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Nov 7 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Nov 7 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Nov 7 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Nov 7 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Nov 7 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Nov 7 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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