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Print - 2018-01-17
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (January 16, 2018).

Published 17 Jan, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (January 16, 2018).

Published 17 Jan, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (January 16, 2018).

Published 17 Jan, 2018 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (January 16, 2018).

Published 17 Jan, 2018 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (January 16, 2018).
Published 17 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 Tuesday (January 16, 2018).

Published 17 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 17 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 17 Jan, 2018 12:00am
China's soya imports hit third-highest volume in December

China's soya imports hit third-highest volume in December

Chinese imports of soyabeans jumped to the third-highest volume on record in December, according to customs data, boosted by strong demand in the run-up to next month's Lunar New Year holiday and healthy crushing margins. December imports by the world's t
Published 17 Jan, 2018 12:00am
Light rains, Harmattan mixed for Ivorian cocoa mid-crop

Light rains, Harmattan mixed for Ivorian cocoa mid-crop

Dusty Saharan winds hampered cocoa crop development in Ivory Coast last week, though some light rain provided respite for the main crop, farmers said on Monday. The 2017/18 season in the world's top cocoa producer opened on October 1 and the West African
Published 17 Jan, 2018 12:00am
EU rapeseed oil prices lower on European vegoils market
Currency

EU rapeseed oil prices lower on European vegoils market

EU rapeseed oil asking prices were lower on Monday, weakened by a firm euro and a decline in EU rapeseed futures in quiet conditions with US markets shut for a public holiday. Sellers cut EU rapeseed oil prices by up to 4 euros a tonne, though no trades w
Published 17 Jan, 2018 12:00am
European wheat prices fall to new contract lows

European wheat prices fall to new contract lows

European wheat prices fell to new contract lows on Monday, still recovering from a bearish US government report on Friday and pressured by a surge of the euro against the dollar, traders said. March milling wheat on Paris-based Euronext unofficially close
Published 17 Jan, 2018 12:00am
Russian wheat export prices up in thin trade

Russian wheat export prices up in thin trade

Russian wheat export prices rose at the start of the year, bolstered by a strengthening rouble and global commodity price increases, though activity was thin due to the Christmas holidays in Russia, analysts said on Monday. Black Sea prices for Russian wh
Published 17 Jan, 2018 12:00am
Rain helps drought-hit parts of Argentina's soya belt
Exchange

Rain helps drought-hit parts of Argentina's soya belt

Rain over the weekend in drought-hit areas of Argentina's farm belt helped growers plant soya in fields that had been at risk of staying barren this season, Natalia Gattinoni, weather expert with the INTA national climate institute, said on Monday. Farmer
Published 17 Jan, 2018 12:00am
Chinese iron ore futures fall
Exchange

Chinese iron ore futures fall

Chinese iron ore futures fell 2 percent on Monday as stockpiles of the steelmaking commodity at China's ports surged to the highest since at least 2004, with weaker steel prices also adding pressure. Steel producers say supply in China remains excessive d
Published 17 Jan, 2018 12:00am
Brazil's Santos port to suspend shipments of live animals

Brazil's Santos port to suspend shipments of live animals

The company that operates Latin America's largest port in the Brazilian city of Santos said on Friday it will suspend shipments of live animals. The company detailed its decision in a letter seen by Reuters that was sent by state-run Companhia Docas do Es
Published 17 Jan, 2018 12:00am
Activities at Karachi and Qasim Ports

Activities at Karachi and Qasim Ports

The Karachi Port handled 227,864 tonnes of cargo comprising 179,638 tonnes of import cargo and 48,226 tonnes of export cargo including 10,281 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday. The total import cargo of 1
Published 17 Jan, 2018 12:00am
Cotton market: subdued business ahead of PCGA report
Cotton

Cotton market: subdued business ahead of PCGA report

Main participants refrained from normal business ahead of Pakistan Cotton Ginners' Association (PCGA) report and partly because of lack of fresh leads, dealers said on the cotton market on Tuesday. The official spot rate was unchanged at Rs 7,600, they ad
Published 17 Jan, 2018 12:00am
European gasoline edges higher despite muted activity

European gasoline edges higher despite muted activity

Gasoline refining margins in northwest Europe edged higher on Monday but further gains were dampened by the cancellation of a major Nigerian tender and limited activity in the United States due to a national holiday. Nigerian state oil company NNPC cancel
Published 17 Jan, 2018 12:00am
Moody's expects Lebanon's economy to grow 2.8 percent

Moody's expects Lebanon's economy to grow 2.8 percent

Rating agency Moody's forecast Lebanon's economy will grow 2.8 percent in 2018, slightly faster than last year thanks to the resumption of long-delayed public investment projects. The forecast revises down Moody's previous forecast, published in September
Published 17 Jan, 2018 12:00am
Energizer adds Rayovac batteries to lineup with $2 billion deal

Energizer adds Rayovac batteries to lineup with $2 billion deal

Battery maker Energizer Holdings Inc said on Tuesday it would buy the battery and portable lighting business of Spectrum Brands in a $2 billion cash deal, adding brands such as Rayovac and Varta to its lineup. The deal comes two weeks after Spectrum said
Published 17 Jan, 2018 12:00am
BP Deepwater Horizon costs balloon to $65 billion

BP Deepwater Horizon costs balloon to $65 billion

BP said on Tuesday it would take a new charge over the 2010 Deepwater Horizon spill after again raising estimates for outstanding claims, lifting total costs to around $65 billion. The post-tax, non-operating $1.7-billion charge BP will take in its fourth
Published 17 Jan, 2018 12:00am
Russian economy suddenly shrinks in November

Russian economy suddenly shrinks in November

Russia's economy unexpectedly contracted in November, hit by a drop in industrial production, the economy ministry said on Monday. Gross domestic product shrank 0.3 percent year on year in November, the economy ministry said, contrasting with analysts' co
Published 17 Jan, 2018 12:00am
French finance minister bullish on growth outlook

French finance minister bullish on growth outlook

French economic growth will probably exceed the government's forecast for this year, Finance Minister Bruno Le Maire said on Monday, and he set up a new innovation fund to boost future growth. The French economy has been gaining momentum since President E
Published 17 Jan, 2018 12:00am
UnitedHealth raises 2018 profit outlook, to take benefit from tax law

UnitedHealth raises 2018 profit outlook, to take benefit from tax law

UnitedHealth Group Inc on Tuesday raised its outlook for 2018 earnings per share by more than 16 percent due to the US corporate tax cut and said it will speed up technology investments that aim to cut customer costs. UnitedHealth is the largest US health
Published 17 Jan, 2018 12:00am
UnitedHealth raises 2018 profit outlook, to take benefit from tax law

UnitedHealth raises 2018 profit outlook, to take benefit from tax law

UnitedHealth Group Inc on Tuesday raised its outlook for 2018 earnings per share by more than 16 percent due to the US corporate tax cut and said it will speed up technology investments that aim to cut customer costs. UnitedHealth is the largest US health
Published 17 Jan, 2018 12:00am
Yuan extends rally
Exchange

Yuan extends rally

China's yuan, which has climbed against the US dollar the past four days, advanced again early on Tuesday, supported by a much stronger official fixing and heavy corporate sales of the weakening dollar. The Chinese currency has risen about 1.2 percent aga
Published 17 Jan, 2018 12:00am
Euro steadies in Asia
Currency

Euro steadies in Asia

The euro held steady on Tuesday, taking a breather after having rallied on the back of optimism about the euro zone's economic outlook and expectations for the European Central Bank to wind down its massive monetary stimulus. Comments by the Estonian cent
Published 17 Jan, 2018 12:00am
Euro falls from three-year high in Europe
Currency

Euro falls from three-year high in Europe

The euro fell from a three-year high on Tuesday as investors sold the currency on doubts that the European Central Bank would ditch its pledge to keep buying bonds at next week's meeting. Sources close to the ECB told Reuters that the central bank was unl
Published 17 Jan, 2018 12:00am
Sri Lankan rupee lower
Exchange

Sri Lankan rupee lower

The Sri Lankan rupee closed slightly weaker on Tuesday as dollar demand from importers and banks surpassed greenback inflows due to inward remittances and conversions by exporters, dealers said. The spot rupee ended at 153.97/154.05, compared with Friday'
Published 17 Jan, 2018 12:00am
Most Asian currencies decline
Exchange

Most Asian currencies decline

Asian currencies declined on Tuesday as investors turned a little cautious of adding fresh positions after the steep gains in regional currencies this year. The dollar rose 0.3 percent to 110.85 yen, edging away from a four-month low of 110.32 yen set on
Published 17 Jan, 2018 12:00am
Bangladesh's interbank forex rates

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Tuesday. 82.83-82.83 (Previous 82.80-82.80).
Published 17 Jan, 2018 12:00am
Sterling snaps three-day rally

Sterling snaps three-day rally

Sterling snapped a three-day rising streak and fell on Tuesday after data showed softening UK inflation in December, although following a recent rally the pound remains close to its highest levels since the vote to leave the European Union in 2016. "Headl
Published 17 Jan, 2018 12:00am
Aussie, kiwi pause
Currency

Aussie, kiwi pause

The Australian and New Zealand dollars faded from four-month highs on Tuesday as speculators took profits on short US dollar positions after several sessions of heavy selling. The Aussie edged back just a touch to $0.7955, having jumped 0.7 percent on Mon
Published 17 Jan, 2018 12:00am
Qatar index rebounds sharply, major Gulf markets firm

Qatar index rebounds sharply, major Gulf markets firm

Qatar's stock market rebounded on Tuesday, erasing a sharp fall suffered on the previous day, while other major Gulf bourses were firm on the back of strong oil prices after Brent crude rose above $70 a barrel for the first time since December 2014. The Q
Published 17 Jan, 2018 12:00am
Indian shares snap gaining streak

Indian shares snap gaining streak

Indian shares snapped a three-day gaining streak on Tuesday, weighed down by energy stocks such as Reliance Industries Ltd, after data showed the country's trade deficit widened in December. Financials, led by state-run banks, also fell sharply after a sp
Published 17 Jan, 2018 12:00am
China blue-chips end at 2-1/2-year high
Exchange

China blue-chips end at 2-1/2-year high

China stocks rallied on Tuesday, with the blue-chip index closing at a 30-month high, led by a surge in real estate firms, even as a poll backed expectations that growth in the Asian economic powerhouse will slow in 2018. China's economy is expected to co
Published 17 Jan, 2018 12:00am
Sri Lankan shares extend fall
Exchange

Sri Lankan shares extend fall

Sri Lankan shares fell for a fifth straight session on Tuesday and closed at their lowest in two weeks, as local retail investors booked profits in blue chips ahead of a long-delayed local election next month. The Colombo Stock Index ended 0.4 percent wea
Published 17 Jan, 2018 12:00am
Southeast Asian stocks largely higher

Southeast Asian stocks largely higher

Indonesian shares notched up an all-time closing high on Tuesday and the Philippine index came off record levels while most other Southeast Asian stock markets ended the day on a positive note after a wary start, tracking gains across broader Asia. The In
Published 17 Jan, 2018 12:00am
Australian shares down, New Zealand climbs

Australian shares down, New Zealand climbs

Australian shares fell on Tuesday as financials stocks weighed on the benchmark while material stocks slipped due to weak iron ore and coking coal prices. The S&P/ASX 200 index fell 0.5 percent, or 28.5 points to 6,048.6 at the close of trade. The benchma
Published 17 Jan, 2018 12:00am
Tokyo stocks at 26-year high
Currency

Tokyo stocks at 26-year high

Tokyo's main stock index closed up at a more than 26-year high on Tuesday as the yen rowed back from its latest rally against the dollar. The Nikkei 225 index rose 1.00 percent or 236.93 points to 23,951.81 - its highest level since November 1991 - while
Published 17 Jan, 2018 12:00am
European stocks end steady as commodity stocks weigh

European stocks end steady as commodity stocks weigh

European shares ended little changed on Tuesday as losses among commodity stocks more than offset initial gains due to a series of well-received trading updates. The pan-European STOXX 600 index ended flat, while euro zone stocks added 0.3 percent as the
Published 17 Jan, 2018 12:00am
Eurozone bond yields tumble

Eurozone bond yields tumble

Eurozone borrowing costs fell on Tuesday after a report that the European Central Bank is unlikely to ditch a pledge to keep buying bonds at next week's meeting eased concern about an early end to the bank's stimulus scheme. ECB rate setters need more tim
Published 17 Jan, 2018 12:00am
Eurozone bond yields tumble

Eurozone bond yields tumble

Eurozone borrowing costs fell on Tuesday after a report that the European Central Bank is unlikely to ditch a pledge to keep buying bonds at next week's meeting eased concern about an early end to the bank's stimulus scheme. ECB rate setters need more tim
Published 17 Jan, 2018 12:00am
Hong Kong stocks hit record high
Exchange

Hong Kong stocks hit record high

Hong Kong's benchmark Hang Seng Index rose to a record closing high on Tuesday, led by index heavyweight Tencent Holdings and Hong Kong Exchanges and Clearing (HKEx). Tencent jumped over 2 percent while HKEx surged nearly 6 percent
Published 17 Jan, 2018 12:00am
Energy, mining stocks drag FTSE lower

Energy, mining stocks drag FTSE lower

Oil and mining companies dragged Britain's FTSE 100 index to a negative close on Tuesday, tracking energy and metals prices lower, after gaining earlier in the session on a fall in sterling. The blue chip FTSE 100 index ended down 0.28 percent at 7,747.18
Published 17 Jan, 2018 12:00am
ECB supervision of failing banks is flawed, auditors warn

ECB supervision of failing banks is flawed, auditors warn

The European Central Bank has "flaws" in its procedures for identifying and dealing with banks in crisis, European Union auditors said on Tuesday. The European Court of Auditors, a European Union agency, cast doubt on the ECB's supervision of the big bank
Published 17 Jan, 2018 12:00am
Sweet deal: Nestle sells US candy to Ferrero for $2.8 billion

Sweet deal: Nestle sells US candy to Ferrero for $2.8 billion

Nestle said Tuesday it has agreed to sell its US candy business to Italy's Ferrero for CHF 2.7 billion ($2.8 billion/2.3 billion euros) in cash as the Swiss food giant shakes up its product portfolio. Ferrero, known for its Tic Tac, Nutella and Ferrero Ro
Published 17 Jan, 2018 12:00am
US lawmakers urge AT&T to cut commercial ties with Huawei

US lawmakers urge AT&T to cut commercial ties with Huawei

US lawmakers are urging AT&T Inc, the No. 2 wireless carrier, to cut all commercial ties to Chinese phone maker Huawei Technologies Co Ltd and oppose plans by telecom operator China Mobile Ltd to enter the US market because of national security concerns,
Published 17 Jan, 2018 12:00am
UK inflation falls back for first time since June as Brexit hit wanes

UK inflation falls back for first time since June as Brexit hit wanes

British inflation eased off its post-Brexit vote high in December, official data showed on Tuesday, suggesting the financial squeeze on many households could be about to get a little bit easier. Consumer price inflation fell for the first time since June,
Published 17 Jan, 2018 12:00am
GM takes $7 billion charge due to US tax reform, sees solid 2018

GM takes $7 billion charge due to US tax reform, sees solid 2018

General Motors announced Tuesday it will take a $7 billion hit due to the US tax reform but expects earnings this year to be comparable to the solid results in 2017. GM said the charge is due to the accounting of tax-deferred assets and would be taken in
Published 17 Jan, 2018 12:00am
BP hit by new $1.7 billion Gulf oil spill charge

BP hit by new $1.7 billion Gulf oil spill charge

British energy giant BP said Tuesday it will take an additional charge of $1.7 billion (1.4 billion euros) in the fourth quarter of 2017 linked to the Gulf of Mexico oil spill disaster in 2010. And BP said in a statement it also expects to be hit by an ad
Published 17 Jan, 2018 12:00am
China economy beat expectations in 2017

China economy beat expectations in 2017

China's economy exceeded Beijing's annual growth target in 2017, analysts said in an AFP survey, overcoming the government's battles against massive debt and pollution-spewing factories. The world's second largest economy expanded 6.8 percent in 2017, muc
Published 17 Jan, 2018 12:00am
Federer and Djokovic take control in Melbourne
Kerb

Federer and Djokovic take control in Melbourne

Flawless Roger Federer and Novak Djokovic stamped their mark on the Australian Open on Tuesday with focused former champion Maria Sharapova also successfully negotiating the fiirst round after her drug ban Defending champion Federer, rated as favourite to
Published 17 Jan, 2018 12:00am
Simone Biles reveals abuse by jailed US team doctor

Simone Biles reveals abuse by jailed US team doctor

Olympic gymnastics superstar Simone Biles revealed on Monday she was sexually abused by former USA team doctor Larry Nassar, who was last month jailed for 60 years on child porn charges. In a statement posted on Twitter, Biles said she had wrestled with h
Published 17 Jan, 2018 12:00am
Raonic makes earliest Slam exit

Raonic makes earliest Slam exit

Underprepared Milos Raonic was dumped out of the Australian Open by Lukas Lacko on Tuesday in his earliest exit at Grand Slam for seven years. The 86th-ranked Slovakian defeated the 22nd seeded Canadian 6-7 (5/7), 7-5, 6-4, 7-6 (7/4) in 3hr 22min on Show
Published 17 Jan, 2018 12:00am
Pepsi-PCB Pentangular T20 from January 25

Pepsi-PCB Pentangular T20 from January 25

The Pepsi PCB U-16 Pentangular T20 Tournament 2018 will be played from January 25 to January 31, 2018 in Lahore. Five teams ie, Punjab, Sindh, Federal Capital, KPK and Balochistan will feature in the tournament. The players have been selected by National
Published 17 Jan, 2018 12:00am
FATA football clubs asked to get registration before January 31

FATA football clubs asked to get registration before January 31

President FATA Football Association Shahid Khan Shinwari Tuesday said that they have fixed January 31 as the last date for registration of new and old clubs and transfer of players from one club to other. He said that all the office-bearers of the new and
Published 17 Jan, 2018 12:00am
PTCL sponsors Hockey Hall of Fame World XI Pakistan Tour

PTCL sponsors Hockey Hall of Fame World XI Pakistan Tour

To revive and promote Hockey- Pakistan's national game, PTCL is proud to announce its sponsorship of 'Hockey Hall of Fame World XI Pakistan Tour'. The tournament is called PTCL Hockey Cup 2018. During this tournament, two exhibition hockey matches will be
Published 17 Jan, 2018 12:00am
Ngidi pushes India to brink of series defeat

Ngidi pushes India to brink of series defeat

New fast bowling discovery Lungi Ngidi plunged India into deep trouble as they struggled in pursuit of a victory target of 287 on the fourth day of the second Test against South Africa at SuperSport Park on Tuesday. India were 35 for three at the close, h
Published 17 Jan, 2018 12:00am
Shahbaz Sharif inaugurates Punjab Swimming Complex

Shahbaz Sharif inaugurates Punjab Swimming Complex

Punjab Chief Minister Muhammad Shahbaz Sharif, while inaugurating the Punjab International Swimming Complex at Qadhafi Stadium, has expressed the hope that this complex will play an important role in promoting the sport of swimming. He said that special a
Published 17 Jan, 2018 12:00am
De Grandhomme seals Black Caps win over Pakistan

De Grandhomme seals Black Caps win over Pakistan

Big-hitting Colin de Grandhomme blasted New Zealand to a five-wicket win over Pakistan in the fourth one-day international in Hamilton on Tuesday. De Grandhomme bludgeoned the Pakistan attack with an unbeaten 74 off 40 balls to reinvigorate New Zealand's
Published 17 Jan, 2018 12:00am
EU 'hearts still open' to Brexit reversal

EU 'hearts still open' to Brexit reversal

European Union leaders love-bombed Britain on Tuesday, holding the door open for it to change its mind about ending its four-decade membership of the bloc next year. The comments by EU President Donald Tusk, European Commission Jean-Claude Juncker and oth
Published 17 Jan, 2018 12:00am
Sudan police beat protesters at demo against rising prices

Sudan police beat protesters at demo against rising prices

Anti-riot police fired tear gas and beat protesters with batons Tuesday as hundreds of Sudanese demonstrated against soaring bread prices near a presidential palace in Khartoum, an AFP correspondent said. Bread prices have more than doubled after a jump i
Published 17 Jan, 2018 12:00am