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Print - 2018-01-12
BRIndex100 drops 33.6 points
Exchange

BRIndex100 drops 33.6 points

Investors opted to book profit on available margins that forced Pakistan Stock Exchange to close in negative territory Thursday. BRIndex100 lost 33.6 points or 0.72 points to 4,665.14 points. BRIndex100 touched intraday high of 4,717.37 and intraday low o
Published 12 Jan, 2018 12:00am
Senegal in crackdown on timber trafficking after massacre

Senegal in crackdown on timber trafficking after massacre

Senegal has said it will step up efforts to stop the trafficking of prized timber in its southern Casamance region, following the massacre of 13 men in an incident believed linked to the trade. The army is leading a search for the perpetrators of the Janu
Published 12 Jan, 2018 12:00am
Canada job vacancies rise in third quarter

Canada job vacancies rise in third quarter

The number of job vacancies in Canada rose in the third quarter compared to the year before, with openings seen across a number of industries, including transportation and food and accommodation, data from Statistics Canada showed on Thursday. There were
Published 12 Jan, 2018 12:00am
Australia job vacancies climb

Australia job vacancies climb

Job vacancies in Australia climbed to their highest on record in the three months to November, a sixth straight quarter of solid gains that augured well for continued growth in hiring. Total job vacancies rose 2.7 percent to 210,300 seasonally adjusted in
Published 12 Jan, 2018 12:00am
Norway wealth fund wants to invest in unlisted groups

Norway wealth fund wants to invest in unlisted groups

Norway's sovereign wealth fund, the largest in the world worth more than $1 trillion, wants to be able to invest in companies that are not listed on the stock market, it said in a letter published on Wednesday. Intended to finance Norway's welfare state w
Published 12 Jan, 2018 12:00am
Norway wealth fund wants to invest in unlisted groups

Norway wealth fund wants to invest in unlisted groups

Norway's sovereign wealth fund, the largest in the world worth more than $1 trillion, wants to be able to invest in companies that are not listed on the stock market, it said in a letter published on Wednesday. Intended to finance Norway's welfare state w
Published 12 Jan, 2018 12:00am
Toyota, Mazda to build $1.6 billion plant in Alabama

Toyota, Mazda to build $1.6 billion plant in Alabama

Alabama will be the site of a new $1.6 billion Toyota Motor Corp and Mazda Motor Corp auto plant, a victory for President Donald Trump who had prodded manufacturers to build new US facilities and threatened tariffs on foreign production, sources said on T
Published 12 Jan, 2018 12:00am
Philippines posts highest trade deficit

Philippines posts highest trade deficit

The Philippines posted its biggest trade deficit in November as imports surged, indicating strong domestic activity, but underscored worries that a current account deficit would weaken the peso. The trade gap widened to $3.78 billion, the highest on recor
Published 12 Jan, 2018 12:00am
Mexico closes 2017 with highest inflation in 16 years

Mexico closes 2017 with highest inflation in 16 years

Mexico registered its highest annual inflation rate in more than 16 years in 2017, according to official data released Tuesday, piling pressure on policy makers to reign in prices. The annual inflation rate was 6.77 percent at the end of December, driven
Published 12 Jan, 2018 12:00am
Ukraine to launch its first solar plant at Chernobyl

Ukraine to launch its first solar plant at Chernobyl

At ground zero of Ukraine's Chernobyl tragedy, workers in orange vests are busy erecting hundreds of dark-coloured panels as the country gets ready to launch its first solar plant to revive the abandoned territory. The new one-megawatt power plant is loca
Published 12 Jan, 2018 12:00am
EU fish deal with Morocco invalid

EU fish deal with Morocco invalid

An EU fisheries deal with Morocco is invalid because it involves the disputed region of Western Sahara, the legal advisor to the bloc's top court said Wednesday in a fresh blow to Brussels and Rabat. The advocate general to the European Court of Justice,
Published 12 Jan, 2018 12:00am
Prices remain strong on cotton market
Exchange

Prices remain strong on cotton market

Cotton prices were reported to be fully steady to strong on Thursday even as volume of business was said to have been of moderate proportions. The New York March 2018 futures for cotton contract No. 2 having surpassed 82 cents per pound at one juncture le
Published 12 Jan, 2018 12:00am
Prices remain strong on cotton market
Exchange

Prices remain strong on cotton market

Cotton prices were reported to be fully steady to strong on Thursday even as volume of business was said to have been of moderate proportions. The New York March 2018 futures for cotton contract No. 2 having surpassed 82 cents per pound at one juncture le
Published 12 Jan, 2018 12:00am
Rates rise as mills indulge in fresh buying
Cotton

Rates rise as mills indulge in fresh buying

Rates gained momentum on the cotton market on Thursday as mills showed interest in fresh buying of lint cotton, dealers said. The official spot rate was unchanged at Rs 7,600, they added. In ready session, only 14,000 bales of cotton changed hands between
Published 12 Jan, 2018 12:00am
Activities at Karachi & Qasim ports

Activities at Karachi & Qasim ports

The Karachi Port handled 162,264 tonnes of cargo comprising 126,138 tonnes of import cargo and 36,126 tonnes of export cargo including 8,111 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday.
Published 12 Jan, 2018 12:00am
Canadian canola futures hold steady

Canadian canola futures hold steady

ICE Canadian canola futures finished steady on Tuesday, as limited farmer selling pressure on the market and soft demand from buyers left the market little changed. Canola seen likely to drift sideways ahead of Friday's US Department of Agriculture report
Published 12 Jan, 2018 12:00am
CBOT wheat futures up

CBOT wheat futures up

Chicago Board of Trade wheat futures were up nearly 1 percent on Tuesday, supported by short-covering and expectations the US government will show smaller planted acres, traders said. The US Department of Agriculture was expected to show decreased 2018 US
Published 12 Jan, 2018 12:00am
PMEX daily trading report
Exchange

PMEX daily trading report

On Wednesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,318. The traded value of Metals, Energy and COTS/FX was recorded at PKR 6.342 billion and the number of lots traded was 9,489. Major business was contributed by gold PK
Published 12 Jan, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 12 Jan, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 12 Jan, 2018 12:00am
State Bank of Pakistan conversion rates
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 12 Jan, 2018 12:00am
Barclays bid rates and maximum rates for payment of interest
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 Jan, 2018 12:00am
Currency notes: exchange rates
Exchange

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Thursday (January 11, 2018).

Published 12 Jan, 2018 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (January 11, 2018).
Published 12 Jan, 2018 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (January 11, 2018).

Published 12 Jan, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (January 11, 2018).

Published 12 Jan, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (January 11, 2018).

Published 12 Jan, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (January 11, 2018).

Published 12 Jan, 2018 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (January 11, 2018).

Published 12 Jan, 2018 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (January 11, 2018).

Published 12 Jan, 2018 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (January 11, 2018).

Published 12 Jan, 2018 12:00am
PML-Q MPA set to become CM

PML-Q MPA set to become CM

Parliamentary parties in Balochistan Assembly announced on Thursday their consensus on Mir Abdul Quddus Bizenjo's as the next chief minister, days after Nawab Sanaullah Zehri resigned in the wake of a no-trust move against him. "I hope I will come up to t
Published 12 Jan, 2018 12:00am
PML-Q MPA set to become CM

PML-Q MPA set to become CM

Parliamentary parties in Balochistan Assembly announced on Thursday their consensus on Mir Abdul Quddus Bizenjo's as the next chief minister, days after Nawab Sanaullah Zehri resigned in the wake of a no-trust move against him. "I hope I will come up to t
Published 12 Jan, 2018 12:00am
BRIndex100 drops 33.6 points
Exchange

BRIndex100 drops 33.6 points

Investors opted to book profit on available margins that forced Pakistan Stock Exchange to close in negative territory Thursday. BRIndex100 lost 33.6 points or 0.72 points to 4,665.14 points. BRIndex100 touched intraday high of 4,717.37 and intraday low o
Published 12 Jan, 2018 12:00am
Richard Morin joins PSX as CEO
Exchange

Richard Morin joins PSX as CEO

Richard Morin joined Pakistan Stock Exchange Limited (PSX) as Chief Executive Officer (CEO) from January 11, 2018 after following the due process prescribed under law. After acquiring 40 percent equity stake by Chinese Consortium and Self-listing of the P
Published 12 Jan, 2018 12:00am
No terrorism in Pakistan before Afghan war: DG ISPR

No terrorism in Pakistan before Afghan war: DG ISPR

The chief military spokesperson Major-General Asif Ghafoor has said that there cannot be lasting peace in the region unless security and stability is ensured in Afghanistan. "There was no terrorism in Pakistan before the Afghan war and our target is to ta
Published 12 Jan, 2018 12:00am
THE RUPEE: steady trend
Exchange

THE RUPEE: steady trend

Firmness prevailed on the money market on Thursday as the rupee sustained overnight levels in the process of trading, dealers said. The rupee also was unmoved in relation to the dollar for buying and selling at Rs 110.53 and Rs 110.55 respectively, they s
Published 12 Jan, 2018 12:00am
Forex reserves down $134 million
Exchange

Forex reserves down $134 million

The country's liquid foreign exchange reserves fell slightly by $134 million during last week. The State Bank of Pakistan (SBP) Thursday reported that the country's total foreign exchange reserves stood at $20 billion as on January 5, 2018 compared to $20
Published 12 Jan, 2018 12:00am
THE RUPEE: steady trend
Exchange

THE RUPEE: steady trend

Firmness prevailed on the money market on Thursday as the rupee sustained overnight levels in the process of trading, dealers said. The rupee also was unmoved in relation to the dollar for buying and selling at Rs 110.53 and Rs 110.55 respectively, they s
Published 12 Jan, 2018 12:00am
Forex reserves down $134 million
Exchange

Forex reserves down $134 million

The country's liquid foreign exchange reserves fell slightly by $134 million during last week. The State Bank of Pakistan (SBP) Thursday reported that the country's total foreign exchange reserves stood at $20 billion as on January 5, 2018 compared to $20
Published 12 Jan, 2018 12:00am
Forex reserves down $134 million
Exchange

Forex reserves down $134 million

The country''s liquid foreign exchange reserves fell slightly by $134 million during last week. The State Bank of Pakistan (SBP) Thursday reported that the country''s total foreign exchange reserves stood at $20 billion as on January 5, 2018 compared to $
Published 12 Jan, 2018 12:00am
Richard Morin joins PSX as CEO
Exchange

Richard Morin joins PSX as CEO

Richard Morin joined Pakistan Stock Exchange Limited (PSX) as Chief Executive Officer (CEO) from January 11, 2018 after following the due process prescribed under law. After acquiring 40 percent equity stake by Chinese Consortium and Self-listing of the P
Published 12 Jan, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (January 11, 2018).

Published 12 Jan, 2018 12:00am
Richard Morin joins PSX as CEO
Exchange

Richard Morin joins PSX as CEO

Richard Morin joined Pakistan Stock Exchange Limited (PSX) as Chief Executive Officer (CEO) from January 11, 2018 after following the due process prescribed under law. After acquiring 40 percent equity stake by Chinese Consortium and Self-listing of the P
Published 12 Jan, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (January 11, 2018).

Published 12 Jan, 2018 12:00am
Subjugation or self-reliance
Currency

Subjugation or self-reliance

In the classical colonial era, armed resistance for liberation earned the national freedom fighters praise and kudos from the great thinkers of their times, many of whom inspired such revolutions through their writings. The great literature of resistance
Published 12 Jan, 2018 12:00am
Grim statistics
Cotton

Grim statistics

According to the latest data released by the Pakistan Bureau of Statistics, country's trade deficit has widened to 17.96 billion dollars during the first half of the current fiscal year relative to the 14.42 billion dollar deficit that was recorded in the
Published 12 Jan, 2018 12:00am
Rallying call for justice

Rallying call for justice

The rape and murder of Kasur's seven-year-old Zainab has shocked the entire nation. The little girl's body was found in a garbage dump nearly a week after she was kidnapped by an unidentified man while on her way to a tuition centre. Equally distressing i
Published 12 Jan, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (January 11, 2018).

Published 12 Jan, 2018 12:00am
Playing a trump

Playing a trump

Because of US sanctions economic assistance has been suspended before, military sales terminated, etc. Reacting to US President Donald Trump's New Year tweet, Foreign Minister Khawaja Asif roused the Pakistani audience telling the Wall Street Journal that
Published 12 Jan, 2018 12:00am
Saudi state taking control of Binladin construction giant

Saudi state taking control of Binladin construction giant

Saudi Arabia is taking managerial control of Saudi Binladin Group and discussing a possible transfer of some of the giant construction group's assets to the state while its chairman and other family members are in detention, sources told Reuters. Binladin
Published 12 Jan, 2018 12:00am