News Archives for Print - 2017-12-12

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Print - 2017-12-12

Exchange

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Monday (December 11, 2017).

Published 12 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 12 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 12 Dec, 2017 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 12 Dec, 2017 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 12 Dec, 2017 12:00am

Aaj TV - Tuesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 12 Dec, 2017 12:00am

European gasoline margins edge higher

Northwest European gasoline refining edged higher on Friday, boosted by firmer US values, but high supplies on both sides of the Atlantic capped further gains. Weak overseas buying particularly from US East Coast buyers after a sharp rise in stocks there

Published 12 Dec, 2017 12:00am

Argentine 2017 natural gas output seen rising

Argentine natural gas production will average 107 million cubic meters per day in 2017, 3 percent more than the year before, Energy Minister Jose Aranguren told reporters on Wednesday. According to the government, average gas production was 104 million cu

Published 12 Dec, 2017 12:00am

CBOT soyabean futures drop to one-week low

Chicago Board of Trade soyabean futures fell to a one-week low on Friday as expectations for a bumper crop in South America threatened to cut into US exports. Traders shrugged off signs of strong demand for US soyabeans amid the improving outlook for harv

Published 12 Dec, 2017 12:00am

US FOB Gulf corn, soyabean bids weaker in slow dealings

Basis bids for corn and soyabeans shipped by barge to the US Gulf Coast weakened on Friday. Dealers said that the slow pace of US exports during the firsts quarter of the 2017/18 marketing year was weighing on the market. The FOB market was flat, with tra

Published 12 Dec, 2017 12:00am

Vegetable Oil

Palm oil mixed on European vegoils market

Palm oil on the European vegetable oils market was offered narrowly mixed on Friday, pressured by easier Malaysian palm oil futures on the outlook for larger November Malaysian palm oil stocks. The November MPOB supply/demand and stocks report is due on D

Published 12 Dec, 2017 12:00am

US natural gas futures fall on less cold forecasts

US natural gas futures were little changed on Friday, but collapsed over 9 percent for the week on less cold forecasts later in the month. Front-month gas futures rose 0.9 cent, or 0.3 percent, to settle at $2.772 per million British thermal units. On Thu

Published 12 Dec, 2017 12:00am

Euronext wheat futures higher after five-day fall

Benchmark European wheat futures ticked higher on Friday as a weaker euro and chart support encouraged the market to consolidate after a five-day drop linked to high global supply. Volumes were again thin, with year-end meetings of grain cooperatives in F

Published 12 Dec, 2017 12:00am

Cotton

Rains curtail phutti supply on cotton market

Normal trading activity could not pick up on the cotton market owing to light rains in the country on Monday, dealers said. The official spot rate was unchanged at Rs 6,600, they said. In the ready session, 12000 bales of cotton change hands between Rs 63

Published 12 Dec, 2017 12:00am

China's coal prices jump to record high

China's thermal coal prices jumped to a record high on Monday as natural gas shortages across the north spurred an unexpected resurgence in demand for the fuel from utilities, tightening supplies in the world's top importer of the commodity. Coal futures

Published 12 Dec, 2017 12:00am

Exchange

PMEX daily trading report

On Friday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,028. The traded value of Metals, Energy and COTS/FX was recorded at PKR 5.454 billion and the number of lots traded was 7,958. Major business was contributed by gold PKR 2

Published 12 Dec, 2017 12:00am

Exchange

Chinese iron ore, coking coal futures pare losses

Chinese iron ore and coking coal futures pared losses on Friday after steel prices recovered some lost ground and data showed China's imports of iron ore surged last month despite curbs as part of the country's war against smog. China's imports of iron or

Published 12 Dec, 2017 12:00am

Activities at Karachi and Qasim ports

The Karachi Port handled 286,360 tonnes of cargo comprising 216,327 tonnes of import cargo and 70,033 tonnes of export cargo including 3,961 loaded and empty containers during the last 48 hours ending at 0700 hours on Monday. The total import cargo of 216

Published 12 Dec, 2017 12:00am

US Plains HRW wheat bids firmer

Spot basis bids for hard red winter (HRW) wheat were steady to firm in the southern US Plains on Friday and farmers stayed on the sidelines as K.C. HRW wheat futures fell to contract lows, dealers said. The basis firmed by a nickel at Catoosa, Oklahoma. T

Published 12 Dec, 2017 12:00am

Paris threatens Airbnb with court case

The city of Paris on Monday threatened to take Airbnb to court if it does not delist hundreds of apartments whose owners have failed to register with the French capital's authorities. Mayor Anne Hidalgo's deputy in charge of housing, Ian Brossat, told AFP

Published 12 Dec, 2017 12:00am

Currency

Philippines wins Fitch upgrade

The Philippines on Monday was handed a credit rating upgrade from international agency Fitch which raised the nation's sovereign rating by one level, citing continued investor confidence despite a deadly drug war.

Published 12 Dec, 2017 12:00am

Currency

Philippines wins Fitch upgrade

Published 12 Dec, 2017 12:00am

China's banks dole out record credit in 2017 as November loans blow past forecasts

Bank lending in China hit a fresh record after a much stronger-than-expected surge in credit in November, even as authorities step up efforts to reduce risks in the financial system from a rapid build-up in debt. Chinese banks extended 1.12 trillion yuan

Published 12 Dec, 2017 12:00am

Airbus may cut A380 production to six planes a year

Airbus is exploring plans to cut A380 superjumbo production to as low as six aircraft per year as it battles to make the world's largest airliner commercially viable beyond the end of the decade, industry sources said. Squeezed by smaller but efficient tw

Published 12 Dec, 2017 12:00am

Bankers call on Bank of England to act fast on EU branches

The Bank of England should fast-track licensing of European banks that want to continue doing business in London after Brexit to avoid cutting off customers and disrupting markets, bankers and financial lobbyists said. There are 106 banks in London that a

Published 12 Dec, 2017 12:00am

Currency

Tunisia trade deficit widens

Tunisia's trade deficit widened by 23.5 percent year on year in the first 11 months of 2017 to a record 14.362 billion dinars ($5.8 billion), the State Statistics Institute said on Monday. The deficit is one of the main problems facing the government of P

Published 12 Dec, 2017 12:00am

Currency

Turkey's economy grows 11.1 percent

Turkey's economy grew by an eye-catching 11.1 percent in the third quarter of 2017, official statistics showed on Monday, with the high reading driven by one-off effects as well as resilient output. The year-on-year figure - which President Recep Tayyip E

Published 12 Dec, 2017 12:00am

US manufacturing, services executives see continued growth

US manufacturing and services firms expect to see a stronger economy and rising revenue into 2018, according to a semi-annual survey released Monday. The companies project no let down after 11 months of continuous growth, with the upbeat outlook across ne

Published 12 Dec, 2017 12:00am

Monsanto offers cash to US farmers who use controversial chemical

Monsanto Co will give cash back to US farmers who buy a weed killer that has been linked to widespread crop damage, offering an incentive to apply its product even as regulators in several US states weigh restrictions on its use. The incentive to use Xten

Published 12 Dec, 2017 12:00am

US Treasury says Senate tax plan would boost revenue $1.8 trillion

The US Senate version of the tax overhaul plan would pay for itself over 10 years, boosting growth and generating $1.8 trillion in additional revenues, the Treasury Department said Monday. The Republican plan is expected to generate GDP growth of about 2.

Published 12 Dec, 2017 12:00am

US Treasury says Senate tax plan would boost revenue $1.8 trillion

Published 12 Dec, 2017 12:00am

Saudi index pulls back as Dar Al Arkan bubble bursts

Saudi Arabia's stock market pulled back on Monday as a bubble in shares of real estate firm Dar Al Arkan burst, while equities in Qatar pulled further away from six-year lows. The Saudi index retreated 0.6 percent as Dar Al Arkan, which had gained as much

Published 12 Dec, 2017 12:00am

Germany-US yield gap near eight-month high as central bank meetings loom

The gap between benchmark German and US 10-year bond yields was close to its widest since April on Monday, as the fiscal and policy paths of two of the world's leading economies diverge. Monetary policy-setters for both countries are due to meet this week

Published 12 Dec, 2017 12:00am

Germany-US yield gap near eight-month high as central bank meetings loom

Published 12 Dec, 2017 12:00am

Exchange

Tokyo stocks higher for third straight day

Tokyo stocks closed higher for a third consecutive day on Monday as a weak yen boosted Japanese exporters. The benchmark Nikkei 225 index rose 0.56 percent, or 127.65 points, to end at 22,938.73, while the broader Topix index was up 0.53 percent, or 9.61

Published 12 Dec, 2017 12:00am

Currency

Monday's early afternoon trade: Wall Street higher as technology, energy stocks gain

Technology and energy stocks gained in early afternoon trading on Monday, helping Wall Street shake off uncertainties following an explosion at one of New York's busiest commuter hubs. New York Mayor Bill de Blasio called the incident an attempted terrori

Published 12 Dec, 2017 12:00am

Southeast Asian markets: Singapore hits 2-1/2 years high; Vietnam plunges

Singapore shares climbed 1 percent to their highest close in two-and-a-half years on Monday, riding on a rally in financials, while Vietnam stocks tumbled 2.4 percent in their sharpest drop in nearly two years.

Published 12 Dec, 2017 12:00am

Hong Kong stocks move higher

Hong Kong stocks rose the most in nearly three weeks on Monday, as index heavyweight Tencent rebounded for the third consecutive session. At close of trade, the Hang Seng index was up 325.44 points or 1.14 percent at 28,965.29. Tencent rose 2.9 percent. T

Published 12 Dec, 2017 12:00am

Indian shares rise

Indian shares closed higher for the third successive session on Monday, boosted by gains in IT and public sector bank stocks, as investors remained bullish on the outcome of a possible victory for the ruling Bharatiya Janata Party in the western state of

Published 12 Dec, 2017 12:00am

Exchange

China stocks rally

China stocks rallied on Monday, led by consumer and healthcare firms, after Beijing said it will "fully" consider the possible impact on banks and markets before finalising its new asset management rules. Chinese stocks tumbled last month after Beijing is

Published 12 Dec, 2017 12:00am

Currency

Tumbling techs dominate European stocks, despite bank bounce

Persistent weakness in tech stocks outweighed strong financials on Monday, while a climb in the euro dented euro zone markets, leaving the pan-European STOXX 600 index 0.1 percent lower. Eurozone blue-chips tumbled 0.3 percent as the single currency edged

Published 12 Dec, 2017 12:00am

Sri Lankan stocks hit near eight-month low

Sri Lankan shares extended falls into a second session on Monday, closing at their lowest in nearly eight months, as foreign investors sold blue chips such as conglomerate John Keells Holdings Plc. The Colombo Stock Index dropped 0.28 percent to 6,357.41,

Published 12 Dec, 2017 12:00am

Australian shares flat; New Zealand hits record

Australian shares ended flat on Monday as a rally in financials and materials stocks was offset by losses in other sectors as investors grew cautious ahead of a widely expected US interest rate hike later this week. The S&P/ASX 200 index rose 3.90 points

Published 12 Dec, 2017 12:00am

Currency

FTSE advances, led by gains in financial services

A weaker pound, rising oil prices and growing confidence in the financial sector helped pushed British shares higher and well ahead of their European peers on Monday. The blue-chip FTSE 100 climbed 0.7 percent, outperforming Paris and Frankfurt which retr

Published 12 Dec, 2017 12:00am

Exchange

Yuan inches up

China's yuan edged up against the dollar on Monday, reflecting a firmer midpoint in cautious trading as investors looked to the Federal Reserve policy meeting clues on the pace of US monetary tightening next year. The Fed is widely expected to raise inter

Published 12 Dec, 2017 12:00am

Currency

Dollar edges up against yen in Asia

The dollar probed four-week highs against the yen on Monday, underpinned by expectations of higher US interest rates, while bitcoin seized the spotlight as futures of the cryptocurrency began trading. US employment data on Friday showed a bigger rise in j

Published 12 Dec, 2017 12:00am

Currency

Early trade in New York: Yen, Swiss franc gain

The US dollar weakened on Monday, weighed down by tepid inflation data from Friday's jobs report, while safe-haven currencies the Japanese yen and Swiss franc gained after an explosion rocked one of New York's busiest commuter hubs. Jobs data for November

Published 12 Dec, 2017 12:00am

Mutual Funds

Dollar slips against basket of currencies in Europe

The dollar edged lower against a basket of currencies on Monday, snapping a five-day rising streak as investors took profits before a US central bank meeting this week, and the Swedish crown fell on pension-related outflows. The Fed is widely expected to

Published 12 Dec, 2017 12:00am

Bangladesh's interbank forex rates

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

Published 12 Dec, 2017 12:00am

Currency

Sri Lankan rupee up

The Sri Lankan rupee closed firmer on Monday helped by year-end remittances and selling of the US currency by exporters, dealers said. The spot rupee ended at 153.00/10 per dollar, compared with Friday's close of 153.05/10. "Trading was very thin as every

Published 12 Dec, 2017 12:00am

Currency

Most Asian currencies edge higher

Most Asian currencies were firmer on Monday as the dollar weakened broadly after disappointing wage data raised questions about the pace of US interest rate increases next year. The dollar index, which tracks the greenback against a basket of six major ri

Published 12 Dec, 2017 12:00am

Currency

Canadian dollar near flat

The Canadian dollar was little changed against its US counterpart on Monday as investors turned attention to both a Federal Reserve interest rate decision and a speech by Bank of Canada Governor Stephen Poloz later in the week. The Canadian currency lost

Published 12 Dec, 2017 12:00am

Currency

Hedge funds add wary sterling bets before EU summit

Sterling steadied on Monday after posting its biggest daily drop in more than a month on Friday, with investors cautiously adding some long bets at the start of a week when Britain and the EU will sign off on a deal to move to the next stage of Brexit tal

Published 12 Dec, 2017 12:00am

Currency

Aussie, kiwi on defensive

The Australian and New Zealand dollars marked time on Monday as investors waited anxiously to see what the Federal Reserve would project for future US rate rises at its policy meeting this week. The Aussie was stuck at $0.7515 and just a whisker above las

Published 12 Dec, 2017 12:00am

Real Madrid eye January swoop for Bilbao 'keeper

Real Madrid's first foray into the January transfer market will be to snap up Athletic Bilbao's promising goalkeeper Kepa Arrizabalaga, Madrid-based sports daily Marca reported on Monday. Arrizabalaga's contract expires in June meaning he could leave Bilb

Published 12 Dec, 2017 12:00am

Kally Khan wins greyhound derby race

National greyhound derby race on Monday concluded. The race was arranged by Gill Group in collaboration with University of Agriculture Faisalabad at UAF tent pegging ground. In the race, more than 100 greyhound took part. In the countrybred, the greyhound

Published 12 Dec, 2017 12:00am

BoP Polo Tournament begins

The eight-goal Bank of Punjab (BoP) Polo Tournament 2017 will begin at the Lahore Polo Club (LPC) ground from Tuesday (today). Top five teams are participating in the tournament, which are further divided into two pools. Pool-A consists of Newage and Mast

Published 12 Dec, 2017 12:00am

Suarez, Messi maintain Barca's La Liga lead

Barcelona restored their lead at the top of La Liga to five points as Luis Suarez and Lionel Messi struck in the final 20 minutes to edge out 10-man Villarreal 2-0 on Sunday. Daniel Raba's red card on the hour mark for a wild lunge on Sergio Busquets hand

Published 12 Dec, 2017 12:00am

Ronaldo v Neymar as Real draw PSG in Champions League

Cristiano Ronaldo's Real Madrid stand in the way of Neymar's Paris Saint-Germain after the big-spending duo were drawn together in a mouth-watering Champions League last-16 clash on Monday. Two-time defending champions Madrid are looking to become the fir

Published 12 Dec, 2017 12:00am

Afghanistan to play first-ever Test in India

Afghanistan will play their first ever Test match in India, officials from both countries announced Monday, amid speculation that the game could be played as early as next year. Afghanistan and Ireland were given Test status in June by the International C

Published 12 Dec, 2017 12:00am

PCB slaps one-year ban on Nasir Jamshed

The Pakistan Cricket Board (PCB)'s Anti-Corruption Tribunal on Monday imposed a one-year ban on opener Nasir Jamshed for non-cooperation in the Pakistan Super League (PSL) spot-fixing scandal. The PCB's Tribunal found Nasir Jamshed guilty of violating its

Published 12 Dec, 2017 12:00am

National sports competition begins

National Sports Competition 2017 being jointly organized by Punjab University and Higher Education Commission of Pakistan has begun here at PU New Campus gymnasium on Monday. Around 1000 players of 100 teams of universities, colleges and schools from diff

Published 12 Dec, 2017 12:00am

Russian athletes 'want to compete in Olympics'

Most Russian athletes want to compete in the 2018 Winter Olympic Games in Pyeongchang despite a ban on the country's team, the head of the athletes' commission at the Russian Olympic Committee (ROC) said Monday. "We have talked to all the athletes in all

Published 12 Dec, 2017 12:00am

Sharma wins South African event he nearly missed

Indian Shubhankar Sharma completed his maiden European Tour triumph Monday in Johannesburg by winning the Joburg Open tournament he almost did not compete in. He carded a three-under-par last-round 69 to finish three strokes clear of South African Eric va

Published 12 Dec, 2017 12:00am

West Indies in trouble after Taylor record sets monumental target

A record-equalling 17th century by Ross Taylor had New Zealand closing in on a series sweep against the West Indies after day three of the second Test in Hamilton on Monday. The West Indies, set a world-record target of 444 to win, were in trouble at 30 f

Published 12 Dec, 2017 12:00am

Offsetting Trump, Macron moves to 'Make Our Planet Great Again'

Moving to fill a perceived climate research gap under Donald Trump's administration, French President Emmanuel Macron will name on Monday the first scientists to be hosted in France to help "Make Our Planet Great Again". Macron will announce the grant win

Published 12 Dec, 2017 12:00am

EU resumes official contacts with Thai junta

The EU on Monday agreed to resume political contacts "at all levels" with Thailand, more than three years after suspending them in protest at the military coup in Bangkok. The bloc said developments in Thailand this year, including the adoption of a new c

Published 12 Dec, 2017 12:00am

EU launches defence pact with submarine drones

The EU unveiled on Monday a raft of new joint defence projects including submarine drones and cyber attack rapid response teams as it launched a landmark pact on boosting military cooperation. Twenty-five countries - all of the EU member states except Den

Published 12 Dec, 2017 12:00am

'Terror' bomber strikes New York subway, three hurt

A man detonated a pipe bomb strapped to his body in a crowded New York subway passageway during the morning rush hour Monday, injuring three people - putting the city again on edge just six weeks after a deadly truck attack. New York Mayor Bill de Blasio

Published 12 Dec, 2017 12:00am

Kohli, Anushka marry in Italy

Indian cricket captain Virat Kohli and Bollywood actress Anushka Sharma got married in Italy Monday, they said in a statement, ending weeks of frenzied speculation that they were getting hitched. "Today we have promised each other to be bound in love fore

Published 12 Dec, 2017 12:00am

Israeli tank, aircraft hit Gaza after rocket fire

The Israeli military said it hit the Gaza Strip's Hamas rulers with tank and aircraft fire late Monday after Palestinians earlier launched a rocket at southern Israel. "In response to the rocket fired, a tank and the Israel Air Force targeted Hamas milita

Published 12 Dec, 2017 12:00am

Nasty weather wreaks havoc in Europe

High winds and heavy snow in Europe on Monday stranded thousands of travellers, kept schoolchildren at home and even played havoc with international diplomacy. It was the second day running of nasty weather across the continent, with Britain still digging

Published 12 Dec, 2017 12:00am

Quake hits Iran-Iraq border region

A tremor shook Kermanshah province in western Iran near Iraq's border Monday, causing panic a month after a major quake killed hundreds of people there, state media and officials said. Two hours after the tremor the state broadcaster, quoting the head of

Published 12 Dec, 2017 12:00am

Kuwait ruler names son defence minister in new cabinet

The Kuwaiti ruler swore in a new government on Monday, handing the defence ministry to his eldest son and appointing new oil and finance ministers. The move comes weeks after the previous government, which had been formed a year ago, resigned following a

Published 12 Dec, 2017 12:00am

Cairo, Moscow sign contract for Egypt's first nuclear plant

Egypt and Russia signed a contract on Monday for the building of Egypt's first nuclear power plant, during a visit to Cairo by President Vladimir Putin. The contract to build the plant in Dabaa on the Mediterranean coast was signed during a live ceremony

Published 12 Dec, 2017 12:00am

Airbus to pay compensation to 2007 Brazil crash victims

European aircraft giant Airbus will pay some 30 million reais ($9.1 million) in compensation to relatives of the 199 people killed in a 2007 air crash in Sao Paulo, a lawyer said Monday. "After years of negotiations, 33 families have signed the terms of t

Published 12 Dec, 2017 12:00am

Iconic Gulf singer Abu Bakr Salem dies

Abu Bakr Salem, one of the most popular singers of the Gulf who synthesized Yemen's rich musical traditions, has died aged 78 in Saudi Arabia after leaving an indelible mark on music in the Arab world. Salem, who held Yemeni and Saudi nationalities, died

Published 12 Dec, 2017 12:00am

Fifth day of protests in Middle East over Trump's Jerusalem move

The Middle East saw a fifth day of protests on Monday over US President Donald Trump's declaration of Jerusalem as Israel's capital, while further global condemnation followed the deeply controversial move. While tens of thousands of protesters gathered i

Published 12 Dec, 2017 12:00am

Exchange

Shanghai copper slips

Shanghai Futures Exchange copper slipped 0.4 percent to 51,320 yuan ($7,75) a tonne and Shanghai rebar cut gains to 1.5 percent, while Dalian iron ore turned negative having advanced earlier as much as 4 percent in Asian trade on Monday. China's exports a

Published 12 Dec, 2017 12:00am

Currency

Copper inches higher on softer dollar, China data

Copper prices gained for a fourth straight session on Monday, supported by a weaker dollar and data from top consumer China that indicated higher demand. The benchmark copper price on the London Metal Exchange rose 1.5 percent, its highest intraday jump i

Published 12 Dec, 2017 12:00am

Saudi Arabia to cut oil exports to Asia in January

Saudi Arabia said on Monday it will trim crude exports to Asian customers in January to help accelerate the rebalancing of the international oil market. An energy ministry spokesman said state-owned Aramco will maintain "steady supplies to the United Stat

Published 12 Dec, 2017 12:00am

Oil gains on Forties Pipeline shutdown, New York blast

Oil prices rose on Monday, overcoming declines early in the session, after a North Sea pipeline shut for repairs and investors focused on commodities following an explosion in New York. Brent crude futures settled up $1.29, or about 2 percent, at $64.69 a

Published 12 Dec, 2017 12:00am

Exchange

Tokyo rubber ends down

Benchmark Tokyo rubber futures ended down 0.5 percent on Monday, erasing early gains in line with Shanghai futures amid concerns about slowing growth in consumption by top consumer China, brokers said. Tokyo Commodity Exchange (TOCOM) futures, which set t

Published 12 Dec, 2017 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

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

Published 12 Dec, 2017 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

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

Published 12 Dec, 2017 12:00am

Vegetable Oil

Palm oil falls for sixth day

Malaysian palm oil futures slid to fresh lows on Monday evening, hitting their weakest in five and a half months, as traders were cautious ahead of official data from the Malaysian Palm Oil Board (MPOB) scheduled for release on Tuesday. Palm oil stockpile

Published 12 Dec, 2017 12:00am

London cocoa rebounds, arabica coffee dips

London cocoa futures rebounded on Monday, pulling further away from the prior session's 7-1/2 month low, while arabica coffee prices fell to a fresh 5-1/2 month low. March London cocoa was up 17 pounds or 1.2 percent at 1,426 pounds a tonne at 1524 GMT.

Published 12 Dec, 2017 12:00am

Currency

Gold edges up in Asia

Gold prices ticked up amid a softer dollar on Monday, but lacked impetus to push higher weighed by expectations of an increase in interest rates in the United States. Spot gold was up 0.2 percent at $1,249.90 an ounce, as of 0751 GMT, after hitting its lo

Published 12 Dec, 2017 12:00am

Gold steadies in Europe

Gold steadied below $1,250 an ounce on Monday after its biggest weekly drop in more than six months, with moves muted ahead of an expected interest rate hike from the US Federal Reserve this week. Spot gold was at $1,247.48 an ounce at 1440 GMT, little ch

Published 12 Dec, 2017 12:00am

ED&F Man winds down grains business

ED&F Man is winding down its grains business, three sources with knowledge of the matter said on Friday, in the latest leg of restructuring at the centuries-old commodities merchant. The employee-owned agricultural commodities and brokerage group, establi

Published 12 Dec, 2017 12:00am

US MIDDAY: corn, wheat fall

US corn and wheat futures fell to life-of-contract lows on Monday, anchored by plentiful global grain supplies, and soyabeans sagged as forecasts called for beneficial grains in Argentina, analysts said. At 12:47 p.m. CST (1827 GMT), Chicago Board of Trad

Published 12 Dec, 2017 12:00am

US MIDDAY: gold down

Gold steadied below $1,250 an ounce on Monday after its biggest weekly drop in more than six months as markets anticipated an interest rate hike from the US Federal Reserve this week. Spot gold was down 0.2 percent at $1,244.77 per ounce by 1:58 p.m. EST

Published 12 Dec, 2017 12:00am

Marriyum opens Iranian film festival

A week-long Iranian film festival has started here at Pakistan National Council of the Arts (PNCA) by organizing screening of films. The film festival was inaugurated by Minister State for Information, Broadcasting and National Heritage Marriyum Aurangzeb

Published 12 Dec, 2017 12:00am

Students' delegation visits Pakistan HC Singapore

A student-delegation belonging to various educational institutions of Indonesia, Malaysia, Italy and Singapore on Monday visited the Pakistan High Commission under the Model ASEM Singapore Spinoff 2017, where they showed keen interest in Pakistan's views

Published 12 Dec, 2017 12:00am

PFIA voices concern over declining value of Pakistan rupee

Pakistan FMCG Importers Association (PFIA) expressed grave concern over the declining value of Pak rupee against the US dollar and urged the government and the State Bank of Pakistan to stop this trend as it may trigger a new wave of price hike as well as

Published 12 Dec, 2017 12:00am

'Pakistan committed to timely implementation of CPEC projects'

Speaker National Assembly Sardar Ayaz Sadiq has said that Pakistan is fully committed to timely and effective implementation of all projects under China-Pakistan Economic Corridor (CPEC). Sadiq expressed these views while talking to a Chinese delegation,

Published 12 Dec, 2017 12:00am

Mutual Funds

Dynea Pakistan Limited

Incorporated in 1982, Dynea Pakistan Limited provides adhesive and surfacing solutions. Its main divisions are resin which is used for the manufacturing of chipboards, panels, and lamination, and aminoplast which is used in the making of household objects

Published 12 Dec, 2017 12:00am

Mutual Funds

Dynea Pakistan Limited

Published 12 Dec, 2017 12:00am

Three labourers electrocuted

Three labourers were electrocuted while lifting construction material to upper storey and accidentaly collided with high-tension transmission line. Another three were shifted to hospital in a critical condition. They were also victim of the incident. All

Published 12 Dec, 2017 12:00am

Bilawal to address public rally in Multan

Pakistan People's Party (PPP) Chairman Bilawal Bhutto will address a public rally in Multan on December 15. Secretary Information PPP, South Punjab, Shaukat Basra said that Bilawal would lead a public protest from Multan against the Sharif family.

Published 12 Dec, 2017 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 25	277.83
USD PKR Interbank Buying / Nov 25	277.73
USD to Japanese Yen / Nov 27	152.46
USD to Swiss Franc / Nov 27	0.89
Pound Sterling to USD / Nov 27	1.26
Euro to USD / Nov 27	1.05

Stock	Volume
S&P 500 / Nov 26	6,021.63
India Sensex / Nov 26	80,004.06
Tokyo Nikkei / Nov 26	38,152.61
Nasdaq / Nov 26	19,175.58
Hang Seng / Nov 26	19,249.91
FTSE 100 / Nov 26	8,258.61
Dow Jones / Nov 26	44,860.31
Germany DAX 30 / Nov 26	19,295.98

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 26	17,685
Gold 10 Grams PKR / Nov 26	239,716
Petrol/Litre / Nov 27	248.38
Crude Oil USD/Barrel / Nov 27	68.80
Gold Spot USD/Ounce / Nov 27	2,637.94
Diesel/Litre / Nov 27	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 27 786 Investments Limited(786)	6.48 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 27 Al-Abbas Sugar Mills Limited(AABS)	610.84 ▼ 0.00 (0.00%)
Agro Allianz / Nov 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 27 Ali Asghar Textile Mills Limited(AATM)	68.52 ▼ 0.00 (0.00%)
Allied Bank / Nov 27 Allied Bank Limited(ABL)	125.50 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 27 Abbott Laboratories (Pakistan) Limited(ABOT)	917.87 ▼ 0.00 (0.00%)
Abson Ind. / Nov 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 27 Alfalah Consumer Index ETF.(ACIETF)	11.82 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 27 786 Investments Limited(786)	6.48 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 27 Al-Abbas Sugar Mills Limited(AABS)	610.84 ▲ 0.00 (0.00%)
Agro Allianz / Nov 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 27 Ali Asghar Textile Mills Limited(AATM)	68.52 ▲ 0.00 (0.00%)
Allied Bank / Nov 27 Allied Bank Limited(ABL)	125.50 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 27 Abbott Laboratories (Pakistan) Limited(ABOT)	917.87 ▲ 0.00 (0.00%)
Abson Ind. / Nov 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 27 Alfalah Consumer Index ETF.(ACIETF)	11.82 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 27 K-Electric Limited(KEL)	101,636,133 ▲ 0.00
B.O.Punjab / Nov 27 The Bank of Punjab(BOP)	92,023,190 ▲ 0.00
Hascol Petrol / Nov 27 Hascol Petroleum Limited(HASCOL)	73,320,431 ▲ 0.00
Fauji Foods Ltd / Nov 27 Fauji Foods Limited(FFL)	54,116,789 ▲ 0.00
Sui South Gas / Nov 27 Sui Southern Gas Company Limited(SSGC)	54,088,119 ▲ 0.00
Treet Battery / Nov 27 Treet Battery Limited(TBL)	49,797,748 ▲ 0.00
Pace (Pak) Ltd. / Nov 27 Pace (Pakistan) Limited(PACE)	47,465,434 ▲ 0.00
WorldCall Telecom / Nov 27 Worldcall Telecom Limited(WTL)	44,206,223 ▲ 0.00
Cnergyico PK / Nov 27 Cnergyico PK Limited(CNERGY)	34,058,498 ▲ 0.00

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