News Archives for Print - 2017-12-21

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Print - 2017-12-21

JLI YAQEEN GROWTH FUND RATES

JLI Yaqeen Growth Fund Rates on Wednesday (December 20, 2017).

Published 21 Dec, 2017 12:00am

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (December 20, 2017).

Published 21 Dec, 2017 12:00am

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (December 20, 2017).

Published 21 Dec, 2017 12:00am

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (December 20, 2017).

Published 21 Dec, 2017 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (December 20, 2017).

Published 21 Dec, 2017 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (December 20, 2017).

Published 21 Dec, 2017 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (December 20, 2017).

Published 21 Dec, 2017 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (December 20, 2017).

Published 21 Dec, 2017 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (December 20, 2017).

Published 21 Dec, 2017 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (December 20, 2017).

Published 21 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 21 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 Wednesday (December 20, 2017).

Published 21 Dec, 2017 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (December 20, 2017).

Published 21 Dec, 2017 12:00am

Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (December 20, 2017).

Published 21 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 Wednesday (December 20, 2017).

Published 21 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 Wednesday (December 20, 2017).

Published 21 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 Wednesday (December 20, 2017).

Published 21 Dec, 2017 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Wednesday (December 20, 2017).

Published 21 Dec, 2017 12:00am

Libor

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Wednesday (December 20, 2017).

Published 21 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 Wednesday (December 20, 2017).

Published 21 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 Wednesday (December 20, 2017).

Published 21 Dec, 2017 12:00am

Exchange

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (December 20, 2017).

Published 21 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 21 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 21 Dec, 2017 12:00am

Aaj TV - Thursday's schedule

All timings are in PST (Pakistan Standard Time).

Published 21 Dec, 2017 12:00am

Canadian canola futures rise

ICE Canadian canola futures rose on Tuesday for just the second time in 10 sessions, on bargain-buying and a slowdown in technical selling. Higher Chicago soyaoil prices added strength to canola. January canola gained $2.60 to $493.80 per tonne. Most-acti

Published 21 Dec, 2017 12:00am

Cotton

PMEX daily trading report

On Tuesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,127. The traded value of Metals, Energy and COTS/FX was recorded at PKR 3.869 billion and the number of lots traded was 6,239.

Published 21 Dec, 2017 12:00am

Vegetable Oil

Palm oil lower on European vegoils market

Palm oil on the European vegetable oils market edged lower on Tuesday ahead of December 1-20 Malaysian palm oil export data due on Wednesday. Asking prices for palm oil were between unchanged and $7.50 a tonne lower after Malaysian palm oil futures closed

Published 21 Dec, 2017 12:00am

US FOB Gulf soyabean bids firm on solid demand

Basis bids for soyabeans shipped by barge to the US Gulf Coast were steady to firm on Tuesday on solid demand for shipments arriving over the next few months, traders said. FOB Gulf soyabean basis offers were mostly steady to higher on good export demand

Published 21 Dec, 2017 12:00am

US natural gas futures fall on profit-taking

US natural gas futures fell 2 percent on Tuesday despite supportive forecasts for colder temperatures over the next two weeks, as investors booked profits on Monday's price gains and daily gas production rose to a record. Front-month gas futures for Janua

Published 21 Dec, 2017 12:00am

Activities at Karachi and Qasim Ports

The Karachi Port handled 146,961 tonnes of cargo comprising 127,340 tonnes of import cargo and 19,621 tonnes of export cargo including 7,004 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday. The total import cargo of

Published 21 Dec, 2017 12:00am

Cotton

Upward trend persists on cotton market

Rising trend persisted on the cotton market on Wednesday in the process of moderate trading, dealers said. The official spot rate was unchanged at Rs 7000, they said. In ready session, over 20,000 bales of cotton changed hands between Rs 6125-7600, they s

Published 21 Dec, 2017 12:00am

CBOT corn futures higher

Chicago Board of Trade corn futures edged higher on Tuesday on short-covering following recent contract lows, although gains were capped by abundant grain supplies. Trading was rangebound, with investors squaring positions ahead of the long Christmas holi

Published 21 Dec, 2017 12:00am

US Midwest soyabean bids firmer

Spot cash basis bids for soyabeans on Tuesday at processors, elevators and river terminals in the US Midwest were steady to firmer, with support from sluggish farmer sales that spurred end-user demand, dealers said. A few soyabean farmers wound down opera

Published 21 Dec, 2017 12:00am

Belgian company in talks to buy US fruit giant Dole

Belgian fruit and vegetable company Greenyard said Tuesday it was in advanced negotiations to buy US giant Dole, one of the world's leading producers of bananas and pineapples. According to Belgian press reports, Dole's elderly owner David Murdock values

Published 21 Dec, 2017 12:00am

UK employers keep hiring but see Brexit risks ahead

British employers plan to hire more workers and raise pay more quickly in 2018, but they also fear that Brexit will make the country a less attractive place to do business, a survey showed on Tuesday. Fifty-one percent of employers expect to expand their

Published 21 Dec, 2017 12:00am

France fines J&J 25 millions euros over painkiller patch

France's competition authority fined US healthcare group Johnson & Johnson 25 million euros ($29.6 million) on Wednesday after it ruled the company had deliberately slowed market access to generic copies of its painkiller Durogesic. Durogesic is sold as a

Published 21 Dec, 2017 12:00am

KPMG partners face court contempt over China audit

Several current and former KPMG partners are facing contempt proceedings in a Hong Kong court, as liquidators for a failed US-listed Chinese company step up their action against the auditor over its refusal to produce Chinese working papers. The contempt

Published 21 Dec, 2017 12:00am

French growth upgraded to 1.9 percent for 2017 as investment booms

France is set to close 2017 with its best growth rate in six years thanks to booming business investment and new home buying, the INSEE national statistics agency said on Tuesday. French growth will reach 1.9 percent this year, INSEE forecast, marking a m

Published 21 Dec, 2017 12:00am

Russia ramps up gas supplies to Serbia during visit

Russian strongman Vladimir Putin and Serbian President Aleksandar Vucic showered praise on each other Tuesday as Moscow said it would raise gas supplies to Serbia next year. Vucic, a former ultranationalist and once a close ally of late Serbian strongman

Published 21 Dec, 2017 12:00am

Exchange

Eni and Shell to stand trial in Italy over Nigeria kickback scandal

Italian giant Eni and fellow petroleum company Shell will stand trial in Italy over allegations of bribery and corruption in the 2011 purchase of an offshore oil block in Nigeria. A judge in Milan ordered Eni, Shell and key figures such as Eni chief Claud

Published 21 Dec, 2017 12:00am

Australian central bank grows in confidence, but consumer spending a major risk

Australia's central bank has become more confident about the economic outlook in recent months, but weakness in consumer spending remains a "significant risk" amid slow income growth and high debt levels. Minutes of the Reserve Bank of Australia's (RBA) D

Published 21 Dec, 2017 12:00am

Uber suffers new blow as EU court rules it's a taxi service

The EU's top court ruled on Wednesday that Uber is an ordinary transportation company instead of an app and should be regulated as such, in a decision that will be closely watched around the world. The case is yet another thorn in the side for scandal-roc

Published 21 Dec, 2017 12:00am

Amazon workers in Italy strike over pay and conditions

Workers at Amazon's distribution centre in Italy went on strike for about two hours Wednesday to demand better pay and conditions, the second time workers have walked off the job in less than a month. The workers at Amazon's Castel San Giovanni facility i

Published 21 Dec, 2017 12:00am

Exchange

BoE to spare EU banks from costly rules, if Brexit goes well

The Bank of England, seeking to protect the City of London's status as a global financial hub, said it would spare European banks costly capital rules after Brexit but warned of "consequences" if negotiations with Brussels turned sour.

Published 21 Dec, 2017 12:00am

Poland opens Europe's largest coal-fired power unit

Polish state-controlled energy company Enea on Tuesday inaugurated Europe's largest coal-fired power unit, at a time when other nations want to shift away from greenhouse gas-emitting fossil fuels. Enea opened a 1,075 MW capacity unit built by Japan's Mit

Published 21 Dec, 2017 12:00am

Currency

Bitcoin suffers dramatic price plunge in Asia

Bitcoin prices plunged about 15 percent in Asian trade Wednesday before recouping some of the losses as investors apparently took fright at news that a South Korean exchange had been hacked. The unit, which hit a record $19,500 at the start of the week, t

Published 21 Dec, 2017 12:00am

Exchange

BlackBerry profit beats estimates, shares jump

Canada's BlackBerry Ltd beat third-quarter earnings forecasts on Wednesday amid strong enterprise software sales and licensing revenue, sending its Toronto-listed shares surging 12 percent to a four-year high.

Published 21 Dec, 2017 12:00am

Exchange

BlackBerry profit beats estimates, shares jump

Published 21 Dec, 2017 12:00am

China vows to clean up pollution, further open economy

China ended a major economic meeting on Wednesday, vowing to boost imports, open its markets and clean up noxious pollution. The pledges were made at the annual Central Economic Work Conference, at which leaders review past policy and plan for the upcomin

Published 21 Dec, 2017 12:00am

Greek parliament approves 'final bailout' budget

Greece's parliament on Tuesday approved the 2018 budget, described by the government as the last under the country's multi-billion bailout, which nominally ends in August. "After eight years...this is the final bailout budget parliament is called to appro

Published 21 Dec, 2017 12:00am

US home sales hit 11-year high, supply still tight

US home sales increased more than expected in November, hitting their highest level in nearly 11 years, the latest indication that housing was regaining momentum after almost stalling this year.

Published 21 Dec, 2017 12:00am

Gulf markets move little, Saudi cement shares lose steam

Gulf stock markets moved little on Wednesday as Saudi Arabian cement shares lost steam after the release of the 2018 state budget, and Qatar's market pulled back after a leap on Tuesday. The Saudi index edged up 0.2 percent as cement shares, which had sur

Published 21 Dec, 2017 12:00am

Indian shares down

Indian shares fell for the first time in five sessions on Wednesday after hitting record highs earlier, as caution set in ahead of the release of the minutes from the Reserve Bank of India's policy meeting earlier this month. The BSE index fell 0.18 perce

Published 21 Dec, 2017 12:00am

Tokyo stocks soar

Tokyo stocks closed slightly higher Wednesday after the US Senate narrowly approved a sweeping tax overhaul, with bank shares boosted by hopes for higher US interest rates. The benchmark Nikkei 225 index added 0.10 percent, or 23.72 points, to 22,891.72.

Published 21 Dec, 2017 12:00am

Wednesday's early afternoon trade: rally stalls as tax bill clears Congress

Wall Street's main indexes were flat on Wednesday, taking a breather after a month-long rally and as US Treasury yields rose as a bill to cut $1.5 trillion in taxes progressed toward the finish line. The Republican-controlled US House of Representatives g

Published 21 Dec, 2017 12:00am

Exchange

Wall Street eases as investors look past tax revamp

US stocks fell on Tuesday as excitement over the likelihood of a tax code revamp was offset by concern over its effect on years of monetary policy stimulus and the future of interest rates. The US House of Representatives approved the tax legislation in a

Published 21 Dec, 2017 12:00am

Treasury yields jump

US Treasury yields rose on Tuesday with the benchmark yield hitting a seven-week high as the biggest overhaul of the US tax code in more than 30 years appeared on track to become law by the end of the week. The US House of Representatives approved the deb

Published 21 Dec, 2017 12:00am

Treasury yields jump

Published 21 Dec, 2017 12:00am

Sri Lankan stocks down

Sri Lankan shares fell for a fourth straight session on Wednesday, as investors offloaded stocks of beverages and oil palm companies, while a block deal pushed up turnover. The Colombo Stock Index ended 0.06 percent weaker at 6,321.36, its lowest close si

Published 21 Dec, 2017 12:00am

Hong Kong stocks fall slightly

Hong Kong stocks dipped slightly on Wednesday as weakness in financial and IT stocks offset strength in property and utility plays. At close of trade, the Hang Seng index was down 19.57 points or 0.07 percent at 29,234.09. The Hang Seng China Enterprises

Published 21 Dec, 2017 12:00am

Exchange

China stocks down as bank liquidity tightens

China stocks fell on Wednesday in thin trade and as liquidity in the banking system tightened. The Shanghai Interbank Offered Rate (SHIBOR), seen as the benchmark interbank rate, has been climbing higher. Three-month SHIBOR hit 4.8559 percent on Wednesday

Published 21 Dec, 2017 12:00am

Currency

European shares dip

European shares dropped on Wednesday, extending their decline from the previous session as currency dynamics took hold of the stock market. The dollar's dip as investors considered a US tax overhaul a done deal translated into a boost for the euro and hur

Published 21 Dec, 2017 12:00am

Australian shares extend gains; New Zealand falls

Australian shares ended slightly up to finish near a 10-year high for a second straight day on Wednesday, with gains in materials outweighing losses in healthcare and telecom stocks.

Published 21 Dec, 2017 12:00am

Southeast Asian markets: Indonesia down, Thai shares extend gains

Indonesian stocks fell about 1 percent on Wednesday after they touched a record in the previous session, while Thailand extended gains as its central bank raised growth forecasts while standing pat on rates. The Indonesian index, which hit a record closin

Published 21 Dec, 2017 12:00am

FTSE falls as final US tax bill vote awaited

British shares dipped on Wednesday along with other European bourses before a final vote in the US House of Representatives that would allow Donald Trump to sign massive tax cuts into law. The FTSE 100 shed 0.3 percent, outperforming the bigger losses suf

Published 21 Dec, 2017 12:00am

Dollar up in Asia

The dollar was supported on Wednesday by expectations that the Trump administration's tax reforms would pass through congress while the euro was underpinned by a sharp rise in German bond yields. The Republican-led US Senate approved sweeping tax legislat

Published 21 Dec, 2017 12:00am

Currency

Crown stands out in quiet Europe market

Sweden's crown rose half a percent on Wednesday after the country's central bank called an end to its quantitative easing scheme, as higher-profile currencies saw little activity in generally thin pre-holiday trade. The crown initially jumped almost one p

Published 21 Dec, 2017 12:00am

Currency

Early trade in New York: dollar weakens as US tax bill seen having limited impact

The dollar slid against most currencies except the yen on Wednesday, with the greenback seen as having limited upside potential given that investors have already factored in a comprehensive US tax bill that is all but certain to be signed into law by Pres

Published 21 Dec, 2017 12:00am

Currency

Dollar gains against most currencies in New York

The dollar rose against most currencies on Tuesday, helped by upbeat US housing data, but gains were limited by doubts about the overall impact of a major US tax overhaul plan on the economy. The Republican-controlled US House of Representatives approved

Published 21 Dec, 2017 12:00am

Currency

Sri Lankan rupee up

The Sri Lankan rupee closed firmer on Wednesday, as exporter dollar sales and inward remittances exceeded demand for the US currency by importers, dealers said. The spot rupee ended at 152.90/153.00 per dollar, compared with Tuesday's close of 153.05/15.

Published 21 Dec, 2017 12:00am

Most Asian FX muted, ringgit up

Most Asian currencies were tepid on Wednesday with the baht staying under pressure ahead of the Bank of Thailand's policy review where it is expected to keep rates near record lows. The South Korean won, the Taiwan dollar and the Philippine peso rose in t

Published 21 Dec, 2017 12:00am

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Wednesday. 82.70-82.70 (Previous 82.70-82.70).

Published 21 Dec, 2017 12:00am

Currency

Sterling edges up but traders cautious on Brexit talks

Sterling edged up against the dollar and euro in a quiet day of trading on Wednesday, with investors cautious about taking on large new positions on the currency ahead of the Christmas holiday and phase two of the Brexit talks next year. With thin trading

Published 21 Dec, 2017 12:00am

Currency

Aussie, kiwi slip

The Australian and New Zealand dollars slipped to one-week lows on the euro on Wednesday as a surge in German long-dated yields sparked a rally in the common currency, a move that also pushed local bond yields higher. The greenback did get a nudge higher

Published 21 Dec, 2017 12:00am

Man City join Arsenal in League Cup semis after penalty drama

A much-changed Manchester City held off a spirited challenge from Leicester on Tuesday to reach the League Cup semi-finals following a dramatic penalty shootout, as Arsenal also progressed. Pep Guardiola showcased the riches at his disposal by making nine

Published 21 Dec, 2017 12:00am

Starc cleared of serious foot injury

Australian pace spearhead Mitchell Starc has been cleared of a major foot injury, but remains in doubt for the Boxing Day Test, reports said Wednesday. Scans confirmed he only has a bruised heel after he was seen hobbling on crutches as he left Perth afte

Published 21 Dec, 2017 12:00am

West Indies rue poor batting as New Zealand win first ODI

New Zealand cruised to a five-wicket win over the West Indies in the first one-day international on Wednesday as the tourists' batting line-up failed to perform. The return of Chris Gayle could not spark the West Indies, with the short-form master managin

Published 21 Dec, 2017 12:00am

Former Wimbledon champ Bartoli announces comeback

Former Wimbledon champion Marion Bartoli announced her professional comeback after a four-year absence in a video posted to her Instagram account on Tuesday. The 33-year-old retired immediately after winning the 2013 Wimbledon title, fulfilling a lifelong

Published 21 Dec, 2017 12:00am

Djokovic picks new format for Australian Open warm-up

Former world number one Novak Djokovic will warm-up for a tilt at a record seventh Australian Open crown by playing in an innovative quickfire event at the Melbourne venue. Djokovic, who has been sidelined since July with a right elbow injury, is making h

Published 21 Dec, 2017 12:00am

Black Horse Paints win in Samba Bank Lahore Open Polo

Hissam Ali Hyder struck nine goals to steer Black Horse Paints to a thumping 11-4 victory over Guard Group in the Samba Bank Lahore Open Polo Championship 2017 match played here at the Lahore Polo Club (LPC) ground on Wednesday. Besides nine-star Hissam,

Published 21 Dec, 2017 12:00am

Ex-Arsenal star Rosicky checks out

The former Arsenal and Borussia Dortmund star Tomas Rosicky sprung a surprise on Wednesday by announcing that he has played his last game of professional football. The 37-year-old played 105 times for the Czech Republic, and spent a decade at Arsenal wher

Published 21 Dec, 2017 12:00am

Hong Kong fined for Chinese anthem booing

Hong Kong have been fined $3,000 after fans jeered the Chinese national anthem during an Asia Cup match last month, the third time they have been punished for booing. Fans have taken to booing the anthem as concerns grow that semi-autonomous Hong Kong's f

Published 21 Dec, 2017 12:00am

State-sponsored doping: russians must not look Russian in Pyeongchang: IOC

The International Olympic Committee has laid down the conditions for Russian athletes allowed to compete at the Winter Games in February, which make clear that they must not try to look like Russians. The IOC decided earlier this month that, in the light

Published 21 Dec, 2017 12:00am

Sumo champions face pay cuts

Japan's sumo authority decided Wednesday to cut the pay of two grand champions who failed to stop a brutal assault by a fellow champion on a junior wrestler. The Japan Sumo Association announced that grand champions (yokozuna) Hakuho and Kakuryu would not

Published 21 Dec, 2017 12:00am

PTCL sponsors National Wheelchair Cricket Tournament

PTCL is one of the key sponsors of the All National Wheelchair User (ANWU) Cricket Tournament for physically challenged persons, being organized by Milestone, a society for the special persons at Jinnah Stadium, Sports Complex Islamabad. The tournament is

Published 21 Dec, 2017 12:00am

Rahul, Chahal give India big win in first Sri Lanka T20

Opener Lokesh Rahul's attacking half-century and four wickets by leg-spinner Yuzvendra Chahal powered India to their biggest ever Twenty20 win, outplaying Sri Lanka by 93 runs in the first match on Wednesday. Chahal returned impressive figures of 4-23 to

Published 21 Dec, 2017 12:00am

Protests rock Iraqi Kurdistan despite police clampdown

Protests raged for a third day in Iraqi Kurdistan on Wednesday despite a clampdown by security forces after five people were killed as ire exploded at the calamitous fallout from an independence vote. Demonstrators in the town of Rania, where five protest

Published 21 Dec, 2017 12:00am

Myanmar bans UN rights envoy

The UN's rights envoy for Myanmar said Wednesday the government had banned her from the country, adding her exclusion suggests something "awful" is happening in Rakhine state. UN Special Rapporteur Yanghee Lee had been due to visit Myanmar in January to a

Published 21 Dec, 2017 12:00am

Burkina Faso bans imports from North Korea

Burkina Faso is banning imports from North Korea to comply with tough UN economic sanctions punishing Pyongyang's weapons programmes, the government said Wednesday. The decision comes after an inquiry by the United States in October showed that Burkina Fa

Published 21 Dec, 2017 12:00am

Polish president signs controversial judicial reforms into law

Poland's president on Wednesday said he signed into law two controversial judicial reforms that opposition politicians and the EU insist undermine the rule of law and the separation of powers. President Andrzej Duda said he had "decided to sign" reforms t

Published 21 Dec, 2017 12:00am

Mexico bus crash kills Americans, Swedes, Canadian

A tour bus crash in southeastern Mexico killed eight Americans, two Swedes and a Canadian, as well as their Mexican guide, Mexican officials said Wednesday. The bus, which skidded and rolled off the road early Tuesday in Quintana Roo state, was transporti

Published 21 Dec, 2017 12:00am

EU wants Brexit transition to end December 2020

The European Commission said Wednesday that it wants a post-Brexit transition period, during which Britain must continue to obey EU rules, to finish at the end of 2020. Chief EU Brexit negotiator Michel Barnier said that "all EU policies will still apply"

Published 21 Dec, 2017 12:00am

Air France jet makes emergency landing

An Air France jetliner flying from Buenos Aires to Paris dumped some its fuel in mid-air and made an emergency landing in Paraguay because of an electrical problem, airport officials and the company said Wednesday. The plane carrying 274 passengers was di

Published 21 Dec, 2017 12:00am

Global disaster costs soar in 2017: Swiss Re

Total economic losses from natural and man-made disasters have soared by 63 percent to strike an estimated $306 billion in 2017, reinsurance firm Swiss Re said Wednesday. "The US was hardest hit, including by hurricanes Harvey, Irma and Maria, which have

Published 21 Dec, 2017 12:00am

Saudi king reassures Palestinians on east Jerusalem

Saudi King Salman on Wednesday pledged the kingdom's support for east Jerusalem as the capital of a future Palestinian state during talks with president Mahmud Abbas. The monarch stressed "the legitimate right of the Palestinian people in establishing the

Published 21 Dec, 2017 12:00am

Chinese jets carry out multiple drills around Taiwan

Chinese jets conducted drills near Taiwan's airspace on Wednesday for the sixth time this month, as relations between the two rivals worsen. China sees self-governed Taiwan as part of its territory to be reunified at some point - by military force, if nec

Published 21 Dec, 2017 12:00am

Black journalist's sacking sparks race row in France

Does France have a problem talking about racism? After a prominent black journalist was sacked from an internet advisory body for being too controversial, anti-racism campaigners think so. France's National Digital Council (CNNum) is in chaos after almost

Published 21 Dec, 2017 12:00am

US turns sanctions screw on Russia, blacklists Chechnya's Kadyrov

The United States slapped sanctions on Chechen strongman Ramzan Kadyrov on Wednesday, accusing Russian leader Vladimir Putin's key regional ally of personal involvement in repression, torture and murder. Kadyrov was added to the US Treasury's blacklist al

Published 21 Dec, 2017 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 21 Dec, 2017 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 6	277.92
USD PKR Interbank Buying / Nov 6	277.72
USD to Japanese Yen / Nov 6	153.43
USD to Swiss Franc / Nov 6	0.87
Pound Sterling to USD / Nov 6	1.29
Euro to USD / Nov 6	1.08

Stock	Volume
S&P 500 / Nov 5	5,782.76
Nasdaq / Nov 5	18,439.17
Dow Jones / Nov 5	41,221.88
India Sensex / Nov 6	79,841.86
Tokyo Nikkei / Nov 6	39,303.01
Hang Seng / Nov 6	20,407.15
FTSE 100 / Nov 6	8,284.30
Germany DAX 30 / Nov 6	19,412.80

Item	Value
Gold 10 Grams PKR / Nov 5	242,798
Petrol/Litre / Nov 6	248.38
Crude Oil USD/Barrel / Nov 6	71.12
Karachi Cotton PKR/37.32 KG / Nov 6	18,285
Gold Spot USD/Ounce / Nov 6	2,742.04
Diesel/Litre / Nov 6	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 6 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 6 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Nov 6 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Nov 6 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 6 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Nov 6 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 6 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 6 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 6 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Nov 6 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Nov 6 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 6 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Nov 6 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 6 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Nov 6 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Nov 6 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Nov 6 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Nov 6 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Nov 6 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Nov 6 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Nov 6 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Nov 6 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Nov 6 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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