News Archives for Print - 2018-01-06

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Print - 2018-01-06

Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (January 05, 2018).

Published 06 Jan, 2018 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 Friday (January 05, 2018).

Published 06 Jan, 2018 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 Friday (January 05, 2018).

Published 06 Jan, 2018 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 Friday (January 05, 2018).

Published 06 Jan, 2018 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Friday (January 05, 2018).

Published 06 Jan, 2018 12:00am

Libor

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Friday (January 05, 2018).

Published 06 Jan, 2018 12:00am

Exchange

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (January 05, 2018).

Published 06 Jan, 2018 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 Friday (January 05, 2018).

Published 06 Jan, 2018 12:00am

Exchange

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (January 05, 2018).

Published 06 Jan, 2018 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 06 Jan, 2018 12:00am

Exchange

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 06 Jan, 2018 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 06 Jan, 2018 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 06 Jan, 2018 12:00am

Aaj TV - Saturday's schedule

All timings are in PST (Pakistan Standard Time).

Published 06 Jan, 2018 12:00am

'The Post' is about the state of America, star Hanks says

Steven Spielberg's new movie "The Post" isn't just a 1971 tale of press freedom or the place of women in the workplace. It poses key questions about the United States today, star Tom Hanks says.

Published 06 Jan, 2018 12:00am

BRIDGE NOTES: move after next

In Bridge unless you have a vision and work hard at it to succeed in getting the desired results, you will be just an average player with limited ambitions. Those who wish to excel at Bridge also make a relentless pursuit of locating the key cards at Brid

Published 06 Jan, 2018 12:00am

Greta Gerwig explores complexities of growing up in 'Lady Bird'

"Why won't you call me Lady Bird? You promised that you would."

Published 06 Jan, 2018 12:00am

Film about poor kids at Disney's gates is fairy tale hit

It is already the fairy tale of this year's Oscars race: A little film about homeless children living in the shadow of Walt Disney World in Florida that threatens to turn the tables on the big-budget favourites. Director Sean Baker, who shot his last film

Published 06 Jan, 2018 12:00am

Strangers on a plane: Fox debuts mid-air comedy 'LA to Vegas'

They say what happens in Vegas stays in Vegas, but a new workplace comedy is flouting convention with a wry look at the Sin City weekender - from 30,000 feet up. Fox's "LA to Vegas" takes place during the 40-minute flight that crowds of miscreants and dre

Published 06 Jan, 2018 12:00am

Radish: a beneficial root

Radish belongs to the plant family "cruciferea", which also includes mustard plant. In Urdu and Hindi it is popularly called "Muli" it is a root like carrots, sugar-beet and turnip. It is under cultivation from the remote times. The ancient Egyptians, Gre

Published 06 Jan, 2018 12:00am

Leaving the house linked to longevity in older adults

For older people, getting out of the house regularly may contribute to a longer life - and the effect is independent of medical problems or mobility issues, according to new research from Israel. For study participants in their 70s, 80s and 90s, the frequ

Published 06 Jan, 2018 12:00am

Natural therapy: Hong Kong's mountain warriors

Wooded hillsides, craggy ridges and wheeling birds of prey are a world away from Hong Kong's famous skyscrapers but the city's country parks are a necessary balm for its stressed out residents. With some of the world's highest property prices, many can on

Published 06 Jan, 2018 12:00am

Toymaker Lego battles online games as classic brick turns 60

For more than half a century, Lego's colourful plastic bricks have been used to create buildings, cars and planes and other imaginary worlds in playrooms across the world. Pirates, princesses and space themes were later blended into the mix, following tie

Published 06 Jan, 2018 12:00am

Drinking hot tea linked to lowered glaucoma risk

People who drink hot tea daily may be less likely than others to develop glaucoma symptoms, US researchers say. Compared to coffee, soft drink and iced tea drinkers, study participants who consumed a cup or more of hot caffeinated tea daily had 74 percent

Published 06 Jan, 2018 12:00am

Race for 'smart' hits fever pitch at electronics show

Giving gadgets brains will be a hot theme at the Consumer Electronics Show set to open in Las Vegas, with device makers big and small touting hardware with "smarts." Whether it's a doorbell or refrigerator, a TV set or a toothbrush, chances are it will be

Published 06 Jan, 2018 12:00am

ART FACTS: variable visions of visuals

Artists talk to the viewers in the language of visuals but artist Sajjad Ahmed skilfully used his talent in exploring this language in various mediums in a recent solo exhibition titled "Spirit of Visuals" at Sanat Gallery, Karachi. The simplicity of thin

Published 06 Jan, 2018 12:00am

Exchange

As energy markets evolve, blockchain powers up

Energy startups have been using blockchain to power electricity sharing in microgrid trials from Texas to Tasmania for a year or so. But now companies are moving beyond trials to commercial projects, leveraging the distributed ledger technology for paymen

Published 06 Jan, 2018 12:00am

2017 in retrospect

A year to forget or a year to remember? Both. A year to rejoice or a year to commiserate? Both. A year to learn from or a year to unlearn? Both. For people as well as for nations each year seems to pass in a flash; each year seems more pressing and challe

Published 06 Jan, 2018 12:00am

Exchange

PMEX daily trading report

On Thursday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,284. The traded value of Metals, Energy and COTS/FX was recorded at PKR 3.527 billion and the number of lots traded was 7,663. Major business was contributed by gold PKR

Published 06 Jan, 2018 12:00am

US Plains HRW wheat bids steady

Spot basis bids for hard red winter (HRW) wheat in the southern US Plains held steady on Wednesday on light demand and scattered farmer selling, grain dealers said. Chicago Board of Trade March K.C. HRW wheat futures rallied to a six-week high on concerns

Published 06 Jan, 2018 12:00am

Vegetable Oil

Euronext wheat futures rise after contract low

Benchmark wheat futures on Euronext rose on Wednesday after hitting a contract low a day earlier, helped by weather concerns in the United States and a break in the euro's recent rally against the dollar. March milling wheat, the most active contract on P

Published 06 Jan, 2018 12:00am

European gasoline margins edge lower

Gasoline refining margins in northwest Europe slightly declined on Wednesday amid a strong rally in crude oil futures. US gasoline demand in January and February was expected to decline slightly from a year earlier due to higher prices and also as a resul

Published 06 Jan, 2018 12:00am

Activities at Karachi & Qasim Ports

The Karachi Port handled 167,735 tonnes of cargo comprising 118,331 tonnes of import cargo and 49,404 tonnes of export cargo including 9,500 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargo of 118

Published 06 Jan, 2018 12:00am

Cotton

Rates firm as ECC approves withdrawal of ST, customs duty on import of cotton

Rates stabilise on the cotton market on Friday as the Economic Coordination Committee (ECC) approved a proposal for withdrawal of sales tax and customs duty on imported cotton, dealers said. The official spot rate was unchanged at Rs 7800, they said. In r

Published 06 Jan, 2018 12:00am

US FOB Gulf corn premiums at 11-month high

Corn premiums climbed to an 11-month high for shipments out of the US Gulf Coast on Wednesday, lifted by freezing Midwest rivers that prevented some barge shipments from reaching port, traders said. Bitter-cold temperatures that have gripped much of the c

Published 06 Jan, 2018 12:00am

Renault-Nissan sets up $200 millions fund to tap startups

The Renault-Nissan-Mitsubishi alliance is pooling $200 million in a new mobility tech fund, three sources said, in the latest move by major carmakers to adapt to rapid industry change by investing in startups through their own venture capital arms. The fu

Published 06 Jan, 2018 12:00am

US tax law pushes Deutsche into loss for 2017

Germany's biggest lender Deutsche Bank said Friday it would report "a small full-year after-tax loss" for 2017, largely owing to changes in the US tax system passed late last year. "As a result of the recent enactment of the Tax Cuts and Jobs Act, Deutsch

Published 06 Jan, 2018 12:00am

UK productivity growth hits six-year high after weakest decade since 1820s

Britain's economic productivity perked up in the three months to the end of September, growing at its fastest rate in more than six years, in contrast to its historically weak performance over the previous decade. Productivity in Britain has stagnated sin

Published 06 Jan, 2018 12:00am

Queues at Sudan bakeries as bread prices soar

Angry Sudanese queued outside bakeries in Khartoum on Friday as bread prices doubled overnight, with bakers blaming a government decision to stop importing wheat. Customers had to wait nearly an hour to buy a loaf, while several bakery operators said pric

Published 06 Jan, 2018 12:00am

Currency

China aims to get more cross-border transactions done in yuan

China will encourage companies to increase their use of yuan for settling cross-border trade deals and support foreigners' use of the currency for direct investments in the country, the central bank said on Friday. Beijing has been promoting the internati

Published 06 Jan, 2018 12:00am

China revises 2016 GDP slightly lower, keeps 6.7 percent growth unchanged

China slightly trimmed its final 2016 gross domestic product figure after scaling back an initial estimate of the services sector, but kept the annual GDP growth rate unchanged at 6.7 percent, the statistics bureau said on Friday. The National Bureau of S

Published 06 Jan, 2018 12:00am

France seeks Sri Lanka's support for Expo 2025 bid

The head of France's bid to host the 2025 World Expo held talks with Sri Lankan leaders Friday in a bid to secure their support. Pascal Lamy told reporters in the capital Colombo that France expects to spend 3.5 billion euro ($4.22 billion) on hosting the

Published 06 Jan, 2018 12:00am

North American truck orders jump 77 percent in December

North American orders for Class 8 semi-trucks jumped 77 percent in December compared with the same period in 2016, for a 77 percent full-year surge in truck sales in 2017, FTR, a company that tracks the industry, said on Friday. A strong road freight mark

Published 06 Jan, 2018 12:00am

Uber ex-CEO Kalanick selling nearly a third of stake for $1.4 billion

Uber Technologies Inc co-founder Travis Kalanick, who was ousted as chief executive in June, is selling nearly a third of his 10 percent stake in the ride-services company for about $1.4 billion, a person familiar with the matter said on Thursday. Kalanic

Published 06 Jan, 2018 12:00am

Lithuanian doctors rally for pay rise to halt exodus

A thousand young Lithuanian doctors rallied in Vilnius on Thursday demanding faster wage growth that would stop their exodus from the Baltic eurozone state to richer western European nations. "We lack a clear vision for a salary rise and medics are leavin

Published 06 Jan, 2018 12:00am

US job growth cools as labour market nears full employment; wages up

US job growth slowed more than expected in December amid a decline in retail employment, but a pick-up in monthly wage gains pointed to labour market strength that could pave the way for the Federal Reserve to increase interest rates in March. Nonfarm pay

Published 06 Jan, 2018 12:00am

Nikkei probes 26-year highs, Toshiba gains

Japan's Nikkei share average extended the previous session's gains on Friday, probing 26-year highs as banking and brokerage firms rose, while Toshiba stocks strengthened on news of a buyer for its Westinghouse Electric unit. The Nikkei was up 0.9 percent

Published 06 Jan, 2018 12:00am

Friday's early trade: major indexes rise to record high

Wall Street's major indexes rose to record highs on Friday after weaker-than-expected US job additions in December lifted hopes that the Federal Reserve would stick to its policy of gradual interest rate hikes in 2018. Nonfarm payrolls increased by 148,00

Published 06 Jan, 2018 12:00am

Exchange

Dow tops 25,000 milestone; Wall Street extends New Year's rally

The Dow industrials broke above the 25,000 level for the first time on Thursday and other major indexes hit closing record highs again, propelled by strong global economic data that extended the New Year's rally for the stock market. The 30-member blue-ch

Published 06 Jan, 2018 12:00am

Hong Kong stocks up for ninth day

Hong Kong stocks rose for a ninth straight session on Friday, aided by strong gains by real estate firms, and the benchmark Hang Seng Index closed at a 10-year high. Chinese appetite for Hong Kong equities, ample cash supply and optimism over share reform

Published 06 Jan, 2018 12:00am

US bond yields climb

Yields on US government bonds rose modestly on Thursday, a day before the December payrolls report, which is expected to show further improvement in the jobs market, though some traders worry that wage growth may fall short of expectations. Two-year Treas

Published 06 Jan, 2018 12:00am

US bond yields climb

Published 06 Jan, 2018 12:00am

Australian shares up; New Zealand hits another record

Australian shares ended higher on Friday, hitting a fresh decade-peak and completing its first weekly session of gains in the new year. The S&P/ASX 200 index rose 0.7 percent, or 45.2 points to 6,122.3 at the close of trade. The benchmark closed slightly

Published 06 Jan, 2018 12:00am

Indian shares climb

Indian shares marked record closing highs on Friday, posting their fifth consecutive weekly gain, as financials and metal stocks rose tracking global markets on strong economic data. The benchmark BSE index closed up 0.54 percent at 34,153.85, while the b

Published 06 Jan, 2018 12:00am

Exchange

China share indexes rise for a sixth straight day

China stocks rose on Friday, with both major benchmark indexes climbing for a sixth straight session, helped by gains for property developers. China's services sector activity expanded in December on solid growth in new business, with the outlook improvin

Published 06 Jan, 2018 12:00am

Best week since April for European shares as UK, Swiss indexes hit records

European shares powered to their best week since last April on Friday, with the British and Swiss benchmarks hitting records, propelled by optimism about a strengthening regional economy and fresh new highs on Wall Street. The pan-European STOXX 600 index

Published 06 Jan, 2018 12:00am

Sri Lankan shares climb

Sri Lankan shares rose on Friday, closing the first week of the new year on a firm note, on the back of heavy foreign buying in blue chips. The Colombo Stock Index ended 0.85 percent firmer at 6,514.73, its highest close since November 11.

Published 06 Jan, 2018 12:00am

Southeast Asian markets: Philippine index hits record high

Most Southeast Asian stock markets rose on Friday, mirroring increases in Asian peers and in step with stellar gains on Wall Street overnight, with the Philippine and Thai indexes touching record closing highs. In Asia, shares hovered only a few points be

Published 06 Jan, 2018 12:00am

Britain's FTSE 100 and mid-caps scale fresh records

Britain's main stock index and the mid-cap benchmark scaled new peaks on Friday, lifted by a wave of gains across equities worldwide, while a sharp fall in UK car sales hit some motor dealers and insurance stocks. The FTSE 100 closed 0.4 percent higher at

Published 06 Jan, 2018 12:00am

Svitolina stuns Pliskova to reach first Brisbane final

Ukraine's Elina Svitolina stunned second seed Karolina Pliskova on Friday to reach her first Brisbane International final in four attempts. After falling at the semi-final stage in her previous two attempts - including a loss last year to eventual champio

Published 06 Jan, 2018 12:00am

Kerb

Kerber helps Germany scrape into Hopman final

Angelique Kerber's early season renaissance continued to flourish on Friday as she led Germany into their first Hopman Cup final since 1995 at the mixed teams tournament in Perth. The left-hander wound the clock back to 2016 with her menacing forehand as

Published 06 Jan, 2018 12:00am

Sharapova suffers semi-final defeat

Former world number one Maria Sharapova was dumped out in the semi-finals of the Shenzhen Open, losing in three sets to holder Katerina Siniakova of the Czech Republic on Friday. The Russian will return to the top 50 next week with the Australian Open loo

Published 06 Jan, 2018 12:00am

Kohli earns record $2.7 millions salary for 2018 IPL campaign

Batting star Virat Kohli will pick up the Indian Premier League's largest-ever salary - $2.7 million - in this year's tournament, with a host of big foreign names including Australian captain Steve Smith also cashing in. Kohli will stay with Royal Challen

Published 06 Jan, 2018 12:00am

Barry's reach main final of Lieutenant General Shah Rafi Alam Memorial Polo

Barry's Friday qualified for the main final and booked berth in the subsidiary final of Lieutenant-General Shah Rafi Alam Memorial Polo Cup 2018 played here at the Lahore Polo Club (LPC) ground. Barry's beat Rijas/Green Orchard by 71/2-5 in the important

Published 06 Jan, 2018 12:00am

Ponting to coach Delhi Daredevils in IPL

Indian Premier League (IPL) side Delhi Daredevils have appointed former Australian captain Ricky Ponting as their new head coach for the 2018 season, the franchise said. Ponting replaces South African coach Paddy Upton, with whom the franchise parted ways

Published 06 Jan, 2018 12:00am

Ammad, Hamza in quarters of British Junior Squash Championship

Promising little masters Muhammad Ammad and Hamza of Pakistan cruised to the quarter-finals after recording victories against their respective rivals in the pre-quarter-finals of the ongoing British Junior Squash Championship being played at Birmingham, U

Published 06 Jan, 2018 12:00am

Smith, Khawaja frustrate England in Sydney

Australia captain Steve Smith continued to be England's Ashes nemesis on Friday as he passed 6,000 test runs in an unbeaten knock of 44 to help his team to 193 for two at close of play on the second day of the fifth test. The world's top ranked batsman an

Published 06 Jan, 2018 12:00am

Wenger banned for three-matches over referee comments

Arsene Wenger has been handed a three-match touchline ban and fined by the Football Association over comments he made about the refereeing of Sunday's Premier League game against West Brom. In a separate case, the Arsenal boss has also been asked by Engli

Published 06 Jan, 2018 12:00am

South Africa hit back after poor start in first Test

India started strongly on the first day of the first Test against South Africa at Newlands on Friday, but finished in disarray after a ferocious onslaught by the home team's fast bowlers. India were 28 for three at the close - with skipper Virat Kohli amo

Published 06 Jan, 2018 12:00am

Scots stockpiling soft drink Irn-Bru ahead of recipe change

Scots are stockpiling their national soft drink Irn Bru ahead of the introduction of a new low-sugar recipe later this month. Ryan Allen, from Ayr on Scotland's west coast, has launched a "Hands Off Our Irn Bru" campaign to try to stop the new recipe bein

Published 06 Jan, 2018 12:00am

Disaster mayhem doubled in 2017: Munich Re

Financial pain inflicted by natural disasters worldwide almost doubled in 2017, German reinsurance giant Munich Re said Thursday, with a new record in losses from weather-related catastrophes. The year saw the worst hurricane season on record and major mo

Published 06 Jan, 2018 12:00am

Japan's December final manufacturing PMI highest since February 2014

Japanese manufacturing activity expanded at the fastest pace in almost four years in December as new orders accelerated, a revised survey showed on Thursday, in a sign that steady economic growth will continue into the new year. The Markit/Nikkei Japan Ma

Published 06 Jan, 2018 12:00am

Last year's German car sales highest since 2010

More cars were registered on German roads in 2017 than in any year this decade, as sales continued a long-running growth streak, government and industry figures showed Thursday. New registrations grew 2.7 percent year-on-year to some 3.4 million vehicles,

Published 06 Jan, 2018 12:00am

Currency

Libyan oil revenues up sharply in 2017, budget deficit halved

Libya earned $14 billion in oil revenues in 2017, nearly three times more than in the previous year, allowing it to halve its budget deficit, the central bank said, amid a partial recovery in oil output despite continued political and economic turmoil. Li

Published 06 Jan, 2018 12:00am

Cyprus jails ex-CEO at top bank for market manipulation

A Cypriot court on Friday jailed a former Bank of Cyprus chief executive for two-and-a-half years after finding him guilty of market manipulation in the lead-up to a financial meltdown in 2013. Andreas Eliades was convicted in December on charges of decei

Published 06 Jan, 2018 12:00am

UK to continue farm subsidies for years after Brexit

The British government said Thursday it will match European Union subsidies for farmers for several years after Brexit, until it puts in place a new system focusing more on environmental protection. British farmers receive around £3 billion (3.37 billion

Published 06 Jan, 2018 12:00am

India lowers economic growth forecast ahead of budget

India lowered its forecast for the current year's economic growth on Friday before a federal budget is released next month, as businesses were hit by the chaotic launch of new nationwide tax last July. Finance Minister Arun Jaitley had earlier estimated t

Published 06 Jan, 2018 12:00am

Volvo Cars races to record sales in 2017

Swedish carmaker Volvo, owned by the Chinese Geely, said Thursday that booming demand in China helped it notch up record sales for the fourth consecutive year in 2017. Volvo Cars said in a statement that it sold a total 571,577 cars worldwide last year, a

Published 06 Jan, 2018 12:00am

Exchange

British 'fat cats' overtake average annual pay in four days

Bosses at Britain's largest public companies will have on average made more money in the first four days of 2018 than typical workers earn annually, according to independent calculations released Thursday. The High Pay Centre, a think tank, and human reso

Published 06 Jan, 2018 12:00am

Currency

Euro hovers near three-year peak in Asia

The euro hovered near a three-year high against the sagging dollar on Friday, while improving investor risk appetite weighed on the yen. The euro was 0.05 percent higher at $1.2074 after rising 0.45 percent overnight. The common currency received its late

Published 06 Jan, 2018 12:00am

Currency

Euro holds four-month high in Europe, dollar struggles

The euro held near four-month highs on Friday as euro zone inflation data printed modestly, in line with forecasts. Sentiment remained bullish, however, with some investors betting the ECB may have to start withdrawing its stimulus policies earlier than e

Published 06 Jan, 2018 12:00am

Early trade in New York: dollar rises on rate hopes, undeterred by jobs report

The dollar rose on Friday, after a brief dip, as investors reckoned a weaker-than-expected US December non-farm payrolls report would not deter the Federal Reserve from raising interest rates multiple times this year though at a gradual pace.

Published 06 Jan, 2018 12:00am

Exchange

Dollar retreats versus most currencies in New York

The dollar fell on Thursday, failing to hold the previous day's gains on the back of upbeat US data, as the euro resumed a rally that has taken it near its highest level in three years. A stronger-than-expected US private-sector jobs report briefly helped

Published 06 Jan, 2018 12:00am

Currency

Sri Lankan rupee up

The Sri Lankan rupee closed slightly firmer on Friday due to dollar conversions by exporters, but demand for the US currency from banks capped the gains, dealers said. The spot rupee which traded at 153.40/50 per dollar during the day, ended at 153.55/65,

Published 06 Jan, 2018 12:00am

Asian currencies rally

Asian currencies rallied on Friday as investors globally continued to show strong appetites for risk. The weak dollar contributed to gains. The Philippine peso hit a near six-month high. Asian shares were near a record high, while the euro held firm and w

Published 06 Jan, 2018 12:00am

Currency

Yuan gains for fourth week

The Chinese currency, the yuan, was firmer against the US dollar on Friday, capping its fourth consecutive week of gains, aided by China's solid economic data and tighter liquidity as well as expectations of more foreign capital inflows.

Published 06 Jan, 2018 12:00am

Currency

Sterling trades sideways

Sterling steadied against the dollar on Friday, ending the week at much the same levels it started at, with traders keen to see new developments on Brexit negotiations before taking new positions on the British currency. Economic data released over the we

Published 06 Jan, 2018 12:00am

Currency

Aussie, kiwi up

The Australian and New Zealand dollars held near multi-week highs on Friday as optimism on global growth supported risk appetites and commodity prices.The Aussie dollar was parked at $0.7848, having touched an 11-week peak of $0.7870. Traders still report

Published 06 Jan, 2018 12:00am

South African tourist killed in Egypt balloon crash

A South African tourist was killed and 12 other people were injured when a hot air balloon crashed near Egypt's ancient city of Luxor on Friday, a health ministry official said. Sharif Wadie, the assistant health minister in charge of emergency services,

Published 06 Jan, 2018 12:00am

Moldova court suspends pro-Russia president again

Moldova's Constitutional Court on Friday suspended pro-Moscow President Igor Dodon for the second time this week for vetoing new media laws expected to crack down on Russian broadcasts. Dodon has refused to sign the legislation, dubbed the "laws on Russia

Published 06 Jan, 2018 12:00am

Exchange

North Korea agrees to talks with South

North Korea agreed on Friday to hold official talks with the South next week, the first in more than two years, hours after the United States and South Korea delayed a military exercise amid a standoff over the North's nuclear and missile programmes. Sout

Published 06 Jan, 2018 12:00am

Israel grants bail to Palestinian woman in 'slap video' case

Israel on Friday released a Palestinian woman on bail after she was charged with assaulting an Israeli soldier in the occupied West Bank following a viral video of the incident. Nour Tamimi, 20, was released early on Friday from a military prison after a

Published 06 Jan, 2018 12:00am

After snow, temperatures plunge even lower in northeast US

After heavy snows wrought travel chaos in the northeastern United States, the region was facing a weekend of even colder temperatures on Friday. Flights from New York and Boston were resuming Friday, although 20 percent were again cancelled at John F. Ken

Published 06 Jan, 2018 12:00am

Four Venezuelan generals placed on US sanctions blacklist

The US Treasury placed four serving or retired Venezuelan generals on its sanctions blacklist, raising pressure on the embattled government of President Nicolas Maduro. The Treasury alleged that the four were either involved in repressing protesters or ti

Published 06 Jan, 2018 12:00am

Macron says 'no chance for progress' in Turkey's EU membership

French President Emmanuel Macron suggested Friday that Turkey should renounce its ambition of joining the EU and settle instead for a looser "partnership" after talks with visiting Turkish leader Recep Tayyip Erdogan. Turkey was hoping to warm frosty rela

Published 06 Jan, 2018 12:00am

Cotton

Cotton jumps 1.5 percent on technicals, softer dollar

ICE cotton futures gained 1.5 percent on Thursday, boosted by technical buying and a weaker dollar, as prices of the natural fiber crop held close to a 3-1/2 year high. The most active ICE cotton contract for March expiry settled up 1.14 cents, or 1.46 pe

Published 06 Jan, 2018 12:00am

Exchange

Shanghai zinc prices up

The most-traded zinc contract on the Shanghai Futures Exchange closed up 1 percent at 26,080 yuan ($4,019.73) a tonne on Friday. It earlier marked its strongest since November 1 at 26,140 yuan a tonne. Zinc stocks held in London Metal Exchange warehouses

Published 06 Jan, 2018 12:00am

Exchange

Zinc prices hit highest in over a decade, copper down

Zinc hit its highest in more than a decade on Friday as concerns over market tightness persisted, while copper hit a two-week low as Chinese investor interest was muted with the Lunar New Year holidays looming. Zinc stocks held in London Metal Exchange wa

Published 06 Jan, 2018 12:00am

Oil retreats on US output rise after hitting near two-year high

Oil prices fell on Friday, dropping from highs last seen in 2015, as soaring US production undermined a 10 percent rally from December lows that was driven by tightening supply and political tensions in Opec member Iran. Rising US output and weaker refine

Published 06 Jan, 2018 12:00am

Exchange

Rubber dips

Benchmark Tokyo rubber futures dipped to a two-week low on Friday, ending the first week of the new year with a nearly 1 percent decline, as investors took profits ahead of a long weekend in Japan. Japanese markets will be closed on Monday for a national

Published 06 Jan, 2018 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
India Sensex / Nov 7	79,507.26
Tokyo Nikkei / Nov 7	39,366.94
Hang Seng / Nov 7	20,858.18
FTSE 100 / Nov 7	8,192.50
Germany DAX 30 / Nov 7	19,253.31

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 6	18,285
Crude Oil USD/Barrel / Nov 7	72.04
Gold 10 Grams PKR / Nov 7	237,311
Gold Spot USD/Ounce / Nov 7	2,657.92
Cotton US¢/pound / Nov 7	70.32
Petrol/Litre / Nov 8	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 8 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Nov 8 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Nov 8 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 8 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Nov 8 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 8 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 8 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Nov 8 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Nov 8 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 8 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Nov 8 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 8 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Nov 8 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Nov 8 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Nov 8 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Nov 8 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Nov 8 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Nov 8 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Nov 8 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Nov 8 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Nov 8 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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