News Archives for Print - 2018-02-11

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (February 10, 2018).

Published 11 Feb, 2018 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (February 10, 2018)

Published 11 Feb, 2018 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Saturday (February 10, 2018).

Published 11 Feb, 2018 12:00am

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (February 10, 2018).

Published 11 Feb, 2018 12:00am

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (February 10, 2018).

Published 11 Feb, 2018 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (February 10, 2018).

Published 11 Feb, 2018 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (February 10, 2018).

Published 11 Feb, 2018 12:00am

Kerb

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Saturday (February 10, 2018).

Published 11 Feb, 2018 12:00am

Currency

Firmness prevailed on the currency market on Saturday as the rupee did not move any side in the process of trading, experts said. The rupee maintained overnight levels against the dollar for buying and selling Rs 111.20 and Rs 111.50 respectively, they sa

Published 11 Feb, 2018 12:00am

Currency

THE RUPEE: stable trend

Firmness prevailed on the currency market on Saturday as the rupee did not move any side in the process of trading, experts said. The rupee maintained overnight levels against the dollar for buying and selling Rs 111.20 and Rs 111.50 respectively, they sa

Published 11 Feb, 2018 12:00am

Cross Transactions between Client to Client & Financial Institutions

The following were the cross transactions between client to client & financial institutions here on Saturday (February 10, 2018).

Published 11 Feb, 2018 12:00am

Member to Member

The following transactions member to member subsequently reported on Saturday (February 10, 2018).

Published 11 Feb, 2018 12:00am

Currency

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Saturday (February 10, 2018).

Published 11 Feb, 2018 12:00am

Aaj TV - Sunday's schedule

All timings are in PST (Pakistan Standard Time).

Published 11 Feb, 2018 12:00am

Cotton

Brazil cuts corn crop; raises soya slightly

The Brazilian government on Thursday slashed its projection for corn production from the 2017/18 crop citing adverse weather conditions in the south and an expected reduction of planted area for the second corn crop. Conab, the country's food supply and a

Published 11 Feb, 2018 12:00am

Asian naphtha cracks rise to two-session high

Asia's naphtha cracks recovered to a two-session high of $60.78 a tonne on Thursday after the value dropped to its lowest in nearly seven months in the previous session. Traders said fundamentals remained weak because there were ample supplies of open-spe

Published 11 Feb, 2018 12:00am

Vegetable Oil

Palm oil edges higher on European vegoils market

Palm oil on the European vegetable oils market edged higher on Thursday ahead of fresh USDA crop and supply and demand data, tracking firmer Malaysian palm oil futures. A weaker ringgit supported firmer Palm oil futures. The weaker currency makes palm oil

Published 11 Feb, 2018 12:00am

China's January soyabean imports jump

China's imports of soyabeans in January grew 11 percent from the same month a year earlier, customs data showed on Thursday, as crushers in the world's top soya buyer looked to meet expected healthy demand for soyameal from the hog sector. But while Janua

Published 11 Feb, 2018 12:00am

Exchange

Chinese coking coal, coke futures rise on restocking

Chinese coking coal and coke futures rose for the fifth straight session on Wednesday as traders said steel mills were stocking up on raw materials ahead of a hoped-for resumption of full production after the upcoming Lunar New Year holiday. Coke continue

Published 11 Feb, 2018 12:00am

Indian rice prices fall sharply on slow demand

Rice prices in India fell sharply this week from multi-year peaks hit last week due to a depreciating rupee and slowing demand, while a lack of fresh deals weighed on rates of the staple in other major exporters in Asia. India's 5 percent broken parboiled

Published 11 Feb, 2018 12:00am

Cotton

Prices stable on cotton market

Rates showed stable trend on the local cotton market on Saturday in process of trading, dealers said. The official spot rate was unchanged at Rs 7,000, they added. In both Sindh and the Punjab seed cotton prices were inert at Rs 2600-3200, they said.

Published 11 Feb, 2018 12:00am

CBOT corn futures rise to three-month high

Chicago Board of Trade corn futures ended fractionally higher on Thursday as export demand and bullish monthly US government crop data lifted the benchmark March contract to three-month top, traders said. Futures pared gains and dipped lower near the clos

Published 11 Feb, 2018 12:00am

India's 2018 gold demand forecast as high as 800 tonnes

Gold demand in India is likely to remain below its 10-year average for a third year in 2018 as higher taxes and new transparency rules on purchases may cap last year's rebound in buying, the World Gold Council (WGC) said on Tuesday. India is the world's s

Published 11 Feb, 2018 12:00am

Exchange

CBOT soyabean futures hit two-week high

Chicago Board of Trade soyabean futures hit a two-week high on Thursday as worries about tightening Argentine soya supplies overshadowed bearish data in a monthly US Department of Agriculture report, analysts said. CBOT March soyabeans settled up 4-3/4 ce

Published 11 Feb, 2018 12:00am

European gasoline margins fall slightly

Gasoline refining margins in northwest Europe softened slightly on Thursday as stocks built in Europe's Amsterdam-Rotterdam-Antwerp hub, but demand firm continued from West Africa. Oil product stocks independently in the Amsterdam-Rotterdam-Antwerp hub ro

Published 11 Feb, 2018 12:00am

Vietnam's January coffee exports jump, Indonesia nears mini-harvest

Vietnam's coffee exports in January jumped beyond the government estimate ahead of a major holiday, official data showed on Thursday, while Indonesia is expected to be busier next week as it nears a mini harvest, traders said. Farmers in Daklak, the main

Published 11 Feb, 2018 12:00am

Maharashtra plans to buy quarter of state sugar to support prices

India's second-biggest sugar producer Maharashtra plans to buy a quarter of the state's output to arrest falling prices for the sweetener, a state minister told Reuters, a move that would require $1 billion and leave mills to cover storage costs. The gove

Published 11 Feb, 2018 12:00am

Exchange

EU wheat prices little changed ahead of USDA report

Euronext wheat prices were little changed on Thursday, holding below a one-week high hit a day earlier in hesitant trading before a closely watched US government report. March milling wheat on the Paris-based Euronext exchange was unchanged on the day at

Published 11 Feb, 2018 12:00am

Exchange

Argentina's heat wave hits soyabean, corn farms

Analysts chopped their estimates for Argentina's upcoming soya and corn crops on Thursday as dryness in the usually fertile Pampas grains belt was compounded by a heat wave that started at the beginning of February, denting expected yields.

Published 11 Feb, 2018 12:00am

Russian Standard Limited creditors to start legal action on defaulted bond

An ad-hoc creditor group holding a defaulted Russian Standard Ltd 2022 Eurobond is planning to call the notes due and start court proceedings, a member of the group said on Thursday. Russian Standard Ltd, a company linked to Rustam Tariko who owns Russian

Published 11 Feb, 2018 12:00am

Russian Standard Limited creditors to start legal action on defaulted bond

An ad-hoc creditor group holding a defaulted Russian Standard Ltd 2022 Eurobond is planning to call the notes due and start court proceedings, a member of the group said on Thursday. Russian Standard Ltd, a company linked to Rustam Tariko who owns Russian

Published 11 Feb, 2018 12:00am

Exchange

Trillion-dollar risk lurks if market volatility doesn't abate

As world markets catch their breath after a week of turmoil, investors are concerned that a new era of heightened volatility could eventually lead to a second wave of selling as investment strategies popular for years are forced to unwind.

Published 11 Feb, 2018 12:00am

Emerging markets stocks resilient as US sells off

Emerging markets stocks are so far weathering the storm in developed markets stocks and bonds in the past few days, though action in US markets in the next few days may test investor appetite for the asset class. Asian stock markets are expected to be pre

Published 11 Feb, 2018 12:00am

Emerging markets stocks resilient as US sells off

Emerging markets stocks are so far weathering the storm in developed markets stocks and bonds in the past few days, though action in US markets in the next few days may test investor appetite for the asset class. Asian stock markets are expected to be pre

Published 11 Feb, 2018 12:00am

Just weeks into 2018, banks rethink year-end bond yield forecasts

Little over a month into 2018 and several banks have already raised their forecasts for where key US and European bond yields will end the year, another sign that the tide for bonds has turned as an era of easy monetary policy comes to an end. While this

Published 11 Feb, 2018 12:00am

Just weeks into 2018, banks rethink year-end bond yield forecasts

Little over a month into 2018 and several banks have already raised their forecasts for where key US and European bond yields will end the year, another sign that the tide for bonds has turned as an era of easy monetary policy comes to an end. While this

Published 11 Feb, 2018 12:00am

Exchange

US stock market chill threatens to 'put IPOs on ice'

Wide swings in the US stock market has blunted initial public offering (IPO) activity on Wall Street in what was set to be the busiest week for new listings in more than two-and-a-half years. All signs points to the disruption to IPOs continuing.

Published 11 Feb, 2018 12:00am

Exchange

Qatar's Masraf Al Rayan, Amwal to list ETFs this quarter

Qatar's stock market is set to list its first exchange-traded funds this quarter, market sources said on Tuesday, as authorities seek to develop the bourse in the face of a boycott by other Arab states. Saudi Arabia, the United Arab Emirates, Bahrain and

Published 11 Feb, 2018 12:00am

Strategists still see year-end gains in US stocks despite selloff

The 4.5 percent drop in the benchmark S&P 500 over the last five days has not dented strategists' expectations for mild to moderate gains in the US stock market by the end of the year, with corporate earnings and interest rates not expected to derail equi

Published 11 Feb, 2018 12:00am

Exchange

TSX hits five-month low

Canada's main stock index fell on Friday, closing at its lowest level in five months, reflecting weakness in mining stocks as gold futures and copper prices declined. The Toronto Stock Exchange's S&P/TSX composite index closed down 31.08 points, or 0.21 p

Published 11 Feb, 2018 12:00am

Treasury prices gain as stocks renew sell-off

US Treasury prices gained on Friday after renewed weakness in equity markets increased demand for the low-risk debt. Bond yields have jumped in the past two weeks as rising inflation and other economic data has led investors to adjust for the prospect of

Published 11 Feb, 2018 12:00am

Treasury prices gain as stocks renew sell-off

US Treasury prices gained on Friday after renewed weakness in equity markets increased demand for the low-risk debt. Bond yields have jumped in the past two weeks as rising inflation and other economic data has led investors to adjust for the prospect of

Published 11 Feb, 2018 12:00am

Exchange

Wall Street rebounds but posts worst week in two years

US stocks ended a wild week with a burst of buying, pushing the S&P 500 up 1.5 percent on Friday, but still recorded their worst week in two years, and investors braced for more volatile trading days ahead. The sharp falls of the week confirmed the market

Published 11 Feb, 2018 12:00am

Amazon eyes new warehouse in Brazil e-commerce push

Amazon.com Inc is looking to lease a 50,000-square-meter warehouse just outside Sao Paulo, people familiar with the matter told Reuters, as it steps up its push into Latin America's biggest retail market, Brazil. The logistics investment, which would be f

Published 11 Feb, 2018 12:00am

Currency

Philippines posts largest annual trade deficit in 2017

The Philippines had its largest trade deficit on record in 2017, stoking concerns that its current account balance would deteriorate further and put more pressure on the already-weak peso. A surge in the trade gap was driven in part by imports of infrastr

Published 11 Feb, 2018 12:00am

City infrastructure cash held hostage by politics

Short terms of office for politicians and the bureaucratic challenges of managing project pipelines are holding back much-needed infrastructure investment in cities, a global resilience expert said on Thursday. Cash is sitting idle due to a "market failur

Published 11 Feb, 2018 12:00am

Bank of Japan to keep Kuroda at helm until 2023

The Bank of Japan is to keep Haruhiko Kuroda at its helm until 2023 under government plans to retain him as a pillar of its pro-spending policy, reports said Saturday. The government will propose to parliament reappointing 73-year-old Kuroda for a second

Published 11 Feb, 2018 12:00am

Duterte slams top Philippine tourist island as 'cesspool'

The Philippines' famous white-sand island destination Boracay is drowning in faeces and may need to be shut down to protect the health of millions of visitors, President Rodrigo Duterte has warned. The fiery leader gave his brutal assessment of the countr

Published 11 Feb, 2018 12:00am

Zimbabwe won't return land to white farmers: Mnangagwa

Zimbabwean President Emmerson Mnangagwa on Saturday said the country will not return land seized from former white commercial farmers almost two decades ago. "It will never happen," Mnangagwa said in a speech to his ZANU-PF party supporters in central Zim

Published 11 Feb, 2018 12:00am

China regulators probing financing backed by shares

Securities regulators in several provinces of China are investigating the use of shares as collateral for financing activities to curb potential risks, the state-owned Securities Times newspaper reported on Saturday. The provincial regulators have launche

Published 11 Feb, 2018 12:00am

Renault's Mueller quits, clearing CEO succession path

Renault's Chief Performance Officer Stefan Mueller is leaving the company, sources told Reuters on Friday - likely clearing the way for rival candidate Thierry Bollore to be named second-in-command and eventual successor to CEO Carlos Ghosn. Bollore, curr

Published 11 Feb, 2018 12:00am

Nissan slashes profit forecasts

Japanese car giant Nissan on Thursday slashed its forecast for full-year operating profit after admitting that a damaging inspection scandal last year had "adversely impacted" the firm's performance. Nissan said it now expects operating profit of 565 bill

Published 11 Feb, 2018 12:00am

Nissan slashes profit forecasts

Japanese car giant Nissan on Thursday slashed its forecast for full-year operating profit after admitting that a damaging inspection scandal last year had "adversely impacted" the firm's performance. Nissan said it now expects operating profit of 565 bill

Published 11 Feb, 2018 12:00am

Kenya's poverty-stricken Turkana district dreams of oil wealth

The Turkanas are one of the smaller of Kenya's 44 tribes, inhabiting the county of Turkana in the remote far north bordering South Sudan, Ethiopia and Uganda. Turkana is also the second-largest county by land mass in Kenya, a vast scrubland long neglected

Published 11 Feb, 2018 12:00am

Alibaba's Ma hopes Beijing 2022 can be smarter, cheaper, faster

Billionaire Alibaba co-founder Jack Ma foresees an Olympics that is better for fans and athletes and is more economical - and hopes Beijing 2022 will be the pinnacle of that vision. Ma's e-commerce giant in January launched a multimillion-dollar partnersh

Published 11 Feb, 2018 12:00am

Chad vows no more pay cuts under austerity drive

Chad's finance minister says the country will not impose further cuts on civil servants' pay this year, after strikes and protests erupted over one of the most unpopular measures in an austerity programme. "There won't be further cuts this year," the fina

Published 11 Feb, 2018 12:00am

Make money, do good: women and young invest with purpose

Investors increasingly want more than good returns - they want to do good, too, with women and millennials most likely to buy products that seek to save the world, according to a Swiss bank. UBS, a global financial services company, said banks needed to c

Published 11 Feb, 2018 12:00am

India will stick to fiscal deficit target

India will stick to its budgeted fiscal deficit target for the coming fiscal year, Finance Minister Arun Jaitley was quoted on Saturday as saying. Jaitley dismissed concerns that any sharp increase in global oil prices could make it difficult for the gove

Published 11 Feb, 2018 12:00am

Ryanair strike causes minor disruption in Italy

Work stoppages in Italy by Ryanair employees and air traffic controllers caused minimal disruption on Saturday. Ryanair workers - not including pilots - staged a four-hour strike over their exclusion from contract negotiations with the Ireland-based budge

Published 11 Feb, 2018 12:00am

NAFTA must protect workers left behind by global economy, says Trudeau

Canadian Prime Minister Justin Trudeau called for better protection of workers "left behind" by globalization and technological development - and said North American Free Trade Agreement renegotiations should take this into account.

Published 11 Feb, 2018 12:00am

Norway defends its tax regime supporting oil exploration

Norway's tax rules for the oil industry, which include allowing firms to deduct 78 percent of their exploration costs from their taxable income, do not constitute state aid, the country's finance ministry told a European competition watchdog on Friday.

Published 11 Feb, 2018 12:00am

Norway defends its tax regime supporting oil exploration

Norway's tax rules for the oil industry, which include allowing firms to deduct 78 percent of their exploration costs from their taxable income, do not constitute state aid, the country's finance ministry told a European competition watchdog on Friday.

Published 11 Feb, 2018 12:00am

Truckers in Argentina lift strike, freeing grain exports

Truckers in Argentina ended a strike that had stalled grain exports and agreed to meet with transportation authorities later this month to resolve their differences, the government said on Saturday. Nearly 100 cargo ships were waiting on Friday to load so

Published 11 Feb, 2018 12:00am

China's Ant plans equity fundraising at potential $100 billion valuation

China's Ant Financial Services Group is planning to raise up to $5 billion in fresh equity that could value the online payments giant at more than $100 billion, people familiar with the move told Reuters. A fundraising would bring Ant, in which e-commerce

Published 11 Feb, 2018 12:00am

China's Ant plans equity fundraising at potential $100 billion valuation

China's Ant Financial Services Group is planning to raise up to $5 billion in fresh equity that could value the online payments giant at more than $100 billion, people familiar with the move told Reuters. A fundraising would bring Ant, in which e-commerce

Published 11 Feb, 2018 12:00am

Nordic banks may team up on payments as competition heats up

The Nordic region's biggest banks may form a joint regional system to facilitate payments, they said on Friday, in the latest sign of cooperation to stave off competition from fintech upstarts and Silicon Valley giants. Recent regulatory changes in Europe

Published 11 Feb, 2018 12:00am

Currency

South Korea, Switzerland set a currency swap

South Korea and Switzerland are putting in place a bilateral currency swap agreement, the Bank of Korea said on Friday, strengthening buffers against external financial shocks for both countries. The $10.6 billion agreement, to be formally signed on Febru

Published 11 Feb, 2018 12:00am

Turkey's largest airport will open in October

The third airport in Turkey's largest city, Istanbul, will open on October 29, Transport Minister Ahmet Arslan was quoted on Saturday by state-run Anadolu news agency as saying. Eighty percent of the construction of the airport, which Turkey says will be

Published 11 Feb, 2018 12:00am

Airbus halts some deliveries, tests after engine snag

Airbus has stopped delivering A320neo jets powered by Pratt & Whitney geared-turbofan engines and halted pre-delivery test flights after the latest in a series of problems with the engines, two sources familiar with the matter said. Airbus has briefed air

Published 11 Feb, 2018 12:00am

Currency

Kazakh tenge may weaken by year-end

Traders and analysts expect the Kazakh tenge to strengthen against the dollar this month, but are bearish on the Central Asian nation's currency in the longer run, according to a Reuters poll. In the poll carried out from February 1 to February 5, five ou

Published 11 Feb, 2018 12:00am

Currency

Speculators reduce short US dollar bets

Speculators' net short US dollar bets declined for the first time in six weeks, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday. The value of the net short dollar position, derived from net holdings of

Published 11 Feb, 2018 12:00am

Currency

African currencies week ahead: Ghana's cedi, Kenya shilling seen firmer; Tanzania shilling to weaken

Ghana's cedi and Kenyan shilling are expected to firm next week on the back of export and investor inflows while the Tanzanian shilling is expected to remain under pressure.

Published 11 Feb, 2018 12:00am

Currency

China urges Cambodia to use yuan in bilateral trade

Cambodia is considering a proposal by China to use the yuan currency instead of the US dollar for bilateral trade, a spokesman for Cambodia's commerce ministry said on Tuesday, the latest sign of strengthening ties between the two countries.

Published 11 Feb, 2018 12:00am

Exchange

US dollar rebound fleeting; set to slip a bit more this year

The battered US dollar is unlikely to rebound this year, even though the Federal Reserve is expected raise interest rates at least three times, according to a Reuters poll of strategists, who aren't expecting any major moves either.

Published 11 Feb, 2018 12:00am

Exchange

Dollar posts best week in 15 months amid market turmoil

The dollar rose on Friday for its strongest week against a basket of currencies in nearly 15 months as some traders piled into the greenback in a week of tremendous swings felt in stock and bond markets around the world.

Published 11 Feb, 2018 12:00am

Currency

Canadian dollar rises

The Canadian dollar edged higher against its US counterpart on Friday, rebounding from an earlier six-week low, as gains for US stocks offset the biggest decline in domestic jobs in nine years. At 4 pm EST (2100 GMT), the Canadian dollar was trading 0.1 p

Published 11 Feb, 2018 12:00am

Currency

Virtual currencies need firm global regulation: ECB's Mersch

Cryptocurrencies like bitcoin and the banks and financial firms that trade them need to be more closely regulated, one of the ECB's top policymakers said on Thursday. Officials from the world's top economies are set to discuss the impact of digital curren

Published 11 Feb, 2018 12:00am

Exchange

Compliance officers sweat as cryptocurrency trades go mainstream

As major financial institutions weave themselves deeper into the patchwork of cryptocurrency trading, they are trying to figure out how to handle conflicts that could arise when employees trade digital coins in their personal accounts.

Published 11 Feb, 2018 12:00am

Currency

Bullish bets on most Asian currencies drop

Investors trimmed their long positions in most emerging Asian currencies in the last two weeks, a Reuters poll showed, as rising Treasury yields helped the dollar rebound from a three-year low touched in late January. There has been a steady climb in US y

Published 11 Feb, 2018 12:00am

Funds execute third-largest buy on record in CBOT market

Combine worsening droughts in Argentina and the United States, the weakest dollar in more than three years and a massive speculative short position in the Chicago grains market, and a substantial round of short-covering is the inevitable result.

Published 11 Feb, 2018 12:00am

Singapore's Olam to open US cocoa powder plant in Chicago area

Global commodities trader Olam International Ltd is building a cocoa powder manufacturing facility outside Chicago, according to a company spokesman and a local official. The plant marks the latest step in the transformation of the large Singapore-based c

Published 11 Feb, 2018 12:00am

Cotton

Brazil slashes corn crop projection; raises soya slightly

The Brazilian government on Thursday slashed its projection for corn production from the 2017/18 crop citing adverse weather conditions in the south and an expected reduction of planted area for the second corn crop. Conab, the country's food supply and a

Published 11 Feb, 2018 12:00am

Exchange

China copper imports fall, but scrap crackdown cushions drop

China's unwrought copper imports fell for a second straight month in January as winter restrictions on the construction sector and high domestic production rates continued to crimp demand for metal from overseas. Last month's imports of unwrought copper,

Published 11 Feb, 2018 12:00am

Global miners join forces to challenge new Congo code

International mining companies operating in Democratic Republic of Congo are mounting a coordinated campaign against a new mining code they say will stifle investment there, Randgold's chief executive told Reuters. Mark Bristow said he expects the DRC gov

Published 11 Feb, 2018 12:00am

EU well placed to compete in oversupplied sugar market

The European Union is well place to remain a net sugar exporter over the medium term as its production costs are more competitive than rivals such as Russia and Pakistan, major French producer Tereos said on Monday. The EU this season became a net exporte

Published 11 Feb, 2018 12:00am

Scientists fear resurgence of devastating wheat disease in Britain, Europe

A devastating disease that attacks barley and wheat - the world's most widely grown crop - could re-emerge in Britain, scientists said on Thursday. Over 80 percent of 57 wheat varieties tested in Britain are susceptible to the strain of stem rust that was

Published 11 Feb, 2018 12:00am

World coffee supply seen moving to surplus on record Brazil crop

Global coffee supplies will shift to a surplus in 2018-19 with top grower Brazil on track to harvest a record crop, but prices will rise modestly by the end of the year as countries restock inventories, a Reuters poll of 14 traders and analysts showed.

Published 11 Feb, 2018 12:00am

USDA ups domestic sugar stocks-to-use ratio, sees record output

The US Department of Agriculture (USDA) on Thursday slightly raised its forecast for a closely watched sugar supply indicator as higher beginning stocks and lower demand offset reduced production expectations for the current crop year. The stocks-to-use r

Published 11 Feb, 2018 12:00am

USDA lowers US corn stocks view as exports rise

Surging export demand for US corn will cut into domestic stockpiles of the grain by more than expected, the US Agriculture Department said on Thursday. But US soyabean stocks were forecast to rise as a bumper harvest in Brazil will allow overseas buyers t

Published 11 Feb, 2018 12:00am

Kane returns to haunt Arsenal as Spurs soar to third

Harry Kane did the North London derby damage to Arsenal once more as the Tottenham Hotspur striker's seventh goal in as many games against the Gunners secured a thoroughly deserved 1-0 win for Spurs on Saturday. Kane towered above the Arsenal defence to h

Published 11 Feb, 2018 12:00am

Australia hammer England by seven wickets in T20 win

Australia cruised to a seven-wicket victory over England with more than five overs to spare to remain unbeaten after three games in the triangular Twenty20 series in Melbourne on Saturday. The Australians restricted England to 137 for seven off their 20 o

Published 11 Feb, 2018 12:00am

Sri Lanka thrash Bangladesh

Off-spinner Akila Dananjaya claimed five wickets in an innings on debut as Sri Lanka beat Bangladesh by 215 runs in the second Test to win the two-Test series 1-0 in Dhaka on Saturday. Set a target of 339 runs, a collapse-prone Bangladesh were all out for

Published 11 Feb, 2018 12:00am

Serena ready for comeback

Serena Williams has spoken out about the "ups and downs" she faced during her year away from competitive tennis but insists she's now focused and ready for her quest to once more dominate her sport. Speaking ahead of her comeback at the Fed Cup in Ashevil

Published 11 Feb, 2018 12:00am

HBL PSL opening ceremony artists unveiled

The HBL Pakistan Super League (PSL) season three is set to enthrall cricket fans across the world. For the third year in succession, the tournament would be launched through a glittering opening ceremony on February 22 at the Dubai International Stadium (

Published 11 Feb, 2018 12:00am

Preparation time for Pak-West Indies T20 series in Lahore

Preparations for a three-match T20I series between Pakistan and West Indies by the end of March in Lahore have been started. The West Indies' tour of Pakistan was originally scheduled for November last year but a thick blanket of smog in Lahore and the co

Published 11 Feb, 2018 12:00am

City School win Directorate of Sports Inter-School Games

City School clinched the overall trophy after securing 96 points in the Directorate of Sports Inter-School Games which concluded here at Hayatabad Sports Complex on Saturday. Former International athlete Muhammad Shah, Director National Book Foundation Mu

Published 11 Feb, 2018 12:00am

South Korea probes cyber shutdown during ceremony

South Korea on Saturday investigated a mysterious internet shutdown during the Winter Olympics opening ceremony, which follows warnings of possible cyberattacks during the Pyeongchang Games. Internal internet and wifi systems crashed at about 7:15 pm (101

Published 11 Feb, 2018 12:00am

Bolt wouldn't fancy bobsleigh, say Jamaica

Usain Bolt may have swept all before him in track and field - but he probably couldn't cut it in a bobsleigh, Jamaica said at the Pyeongchang Winter Olympics. The lanky superstar dominated sprinting for three straight Summer Olympics, claiming a 'triple-t

Published 11 Feb, 2018 12:00am

Wellinger stuns Stoch to win windy ski jump gold

Andreas Wellinger stunned reigning double Olympic champion Kamil Stoch to win the men's normal hill ski jumping gold in swirling winds at the Pyeongchang Winter Games on Saturday. Poland's Stoch finished a shock fourth as the young German won the title fr

Published 11 Feb, 2018 12:00am

Charlotte Kalla won the first title of the Games

Sweden's Charlotte Kalla claimed the first gold of the Pyeongchang Winter Olympics but the spotlight on Saturday was expected to fall on the unified Korean hockey team. Kalla won the women's skiathlon cross country race ahead of Norway's Marit Bjoergen, p

Published 11 Feb, 2018 12:00am

Currency	Rate
USD PKR Interbank Selling / Oct 4	277.65
USD PKR Interbank Buying / Oct 4	277.45
USD to Japanese Yen / Oct 5	148.70
USD to Swiss Franc / Oct 5	0.86
Pound Sterling to USD / Oct 5	1.31
Euro to USD / Oct 5	1.10

Stock	Volume
S&P 500 / Oct 5	5,751.07
India Sensex / Oct 5	81,688.45
Tokyo Nikkei / Oct 5	38,635.62
Nasdaq / Oct 5	18,137.85
Hang Seng / Oct 5	22,736.87
FTSE 100 / Oct 5	8,280.63
Dow Jones / Oct 5	42,352.75
Germany DAX 30 / Oct 5	19,120.93

Item	Value
Crude Oil USD/Barrel / Oct 5	74.38
Karachi Cotton PKR/37.32 KG / Oct 5	18,285
Gold 10 Grams PKR / Oct 5	237,401.20
Gold Spot USD/Ounce / Oct 5	2,653.60
Cotton US¢/pound / Oct 5	73.27
Petrol/Litre / Oct 6	247.03

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

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

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

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