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Print - 2018-02-21
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (February 20, 2018).

Published 21 Feb, 2018 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (February 20, 2018).
Published 21 Feb, 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 (February 20, 2018).

Published 21 Feb, 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 21 Feb, 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 21 Feb, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 21 Feb, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 21 Feb, 2018 12:00am
PMEX daily trading report
Exchange

PMEX daily trading report

On Monday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,224. The traded value of Metals, Energy and COTS/FX was recorded at PKR 2.760 billion and the number of lots traded was 9,511. Major business was contributed by currencies
Published 21 Feb, 2018 12:00am
Canadian canola futures rise

Canadian canola futures rise

ICE Canadian canola futures rose on Friday, boosted by a weak Canadian dollar and short-covering ahead of a long weekend. ICE Futures Canada will be closed on Monday for a Canadian holiday. March canola added $1.90 at $503.10 per tonne. Most-active May ca
Published 21 Feb, 2018 12:00am
Palm oil firmer on European vegoils market
Vegetable Oil

Palm oil firmer on European vegoils market

Palm oil on the European vegetable oils market firmed on Monday as Malaysian palm oil futures edged higher on expectations for improved exports during February. Malaysian palm oil futures were closed on Friday for Lunar New Year celebrations. Trade on Mon
Published 21 Feb, 2018 12:00am
European wheat futures higher as euro eases

European wheat futures higher as euro eases

European wheat futures were higher on Monday, supported by a dip in the euro after it hit a three-year top against the dollar at the end of last week. Trading was light, with a market closure in the United States for the Presidents Day holiday removing th
Published 21 Feb, 2018 12:00am
European gasoline margins fall on thin buying

European gasoline margins fall on thin buying

Gasoline refining margins in northwest Europe slightly declined on Monday amid thin trading. Several new tanker bookings emerged in recent days, with options to delivery gasoline from Europe to West Africa, shipping reports showed. Two of the tankers - Tr
Published 21 Feb, 2018 12:00am
Argentine soya crop estimates likely to 50 million tonnes
Exchange

Argentine soya crop estimates likely to 50 million tonnes

The drought afflicting Argentina since November has shriveled soya yields to the point that analysts and farmers have slashed harvest estimates by about 10 million tonnes, with final crop forecasts consolidating under the 50 million tonne mark. The drynes
Published 21 Feb, 2018 12:00am
Activities at Karachi and Qasim ports

Activities at Karachi and Qasim ports

The Karachi Port handled 137,464 tonnes of cargo comprising 110,019 tonnes of import cargo and 27,445 tonnes of export cargo including 3,490 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday. The total import cargo of 11
Published 21 Feb, 2018 12:00am
Volume of business rises on cotton market
Cotton

Volume of business rises on cotton market

Trading activity showed significant increase on the cotton market on Tuesday as spinners finalised deals in a big way on the lower rates, dealers said. The official spot rate halted further decline, held the last level at Rs 6,900, they added. In Sindh an
Published 21 Feb, 2018 12:00am
Brazil's soya crop seen at record 115.6 million tonnes

Brazil's soya crop seen at record 115.6 million tonnes

Brazil's 2017/18 soyabean crop is expected to reach 115.6 million tonnes, a record volume, 1.2 percent above the previous record last year of 114.2 million tonnes, according to an updated forecast on Monday from consultancy Safras & Mercado.
Published 21 Feb, 2018 12:00am
Mining giant BHP half-year profit hit by US tax charges

Mining giant BHP half-year profit hit by US tax charges

Higher commodity prices helped global mining giant BHP report a first-half net profit of US$2.02 billion on Tuesday, but the result was weighed down by a hefty charge from US tax reforms. The result for the six months to December 31 was 37 percent lower t
Published 21 Feb, 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. 82.94-82.94 (Previous 82.94-82.94).
Published 21 Feb, 2018 12:00am
Aussie, kiwi ease

Aussie, kiwi ease

The Australian and New Zealand dollars eased on Tuesday as Asian share markets slipped into the red, while Australia's central bank again underlined the outlook for unchanged policy at home. The Aussie was a shade softer at $0.7900, having found support a
Published 21 Feb, 2018 12:00am
Dollar steadies in Asia
Currency

Dollar steadies in Asia

The dollar inched higher versus a basket of major currencies on Tuesday, clinging above a three-year low set last week, but its outlook was clouded by concerns that the ballooning US fiscal deficit could disrupt the economy. The dollar's index versus six
Published 21 Feb, 2018 12:00am
Dollar extends recovery in Europe
Currency

Dollar extends recovery in Europe

The dollar continued its rebound from three-year lows on Tuesday, on the view that the currency was due a modest correction after a sharp decline in recent weeks, and as traders eyed a large US debt auction. The US Treasury is preparing to sell more than
Published 21 Feb, 2018 12:00am
Sri Lankan rupee falls
Currency

Sri Lankan rupee falls

The Sri Lankan rupee fell on Tuesday as importer dollar demand outweighed selling by exporters, even as traders awaited more confirmation that political stability was returning after coalition partners agreed to continue with a cabinet reshuffle. The rupe
Published 21 Feb, 2018 12:00am
Asian forex: Most Asian currencies fall

Asian forex: Most Asian currencies fall

Most Asian currencies languished on Tuesday as the dollar rebounded further from a three-year low hit last week, and subdued risk sentiment kept regional assets in check. Against the yen, the dollar traded at 106.75 yen JPY=, up 0.15 percent for the day a
Published 21 Feb, 2018 12:00am
Sterling strengthens against dollar, euro

Sterling strengthens against dollar, euro

Sterling recovered against the dollar and rose against the euro on Tuesday after a media report said the European Parliament would call for giving Britain "privileged" single market access. Growing hopes that Britain and the European Union can agree a tra
Published 21 Feb, 2018 12:00am
Venezuela begins selling oil-backed cryptocurrency
Currency

Venezuela begins selling oil-backed cryptocurrency

Venezuela formally launched its new oil-backed cryptocurrency on Tuesday in an unconventional bid to haul itself out of a deepening economic crisis. The leftist Caracas government put 38.4 million units of the world's first state-backed digital currency,
Published 21 Feb, 2018 12:00am
Gulf markets mostly softens, Commercial International Bank buoys Egypt

Gulf markets mostly softens, Commercial International Bank buoys Egypt

Major Gulf stock markets softened on Tuesday, in line with a small pull-back by global bourses and oil prices, but Egypt was buoyed for a second day by strength in its biggest bank. The Saudi stock index rose in early trade but closed 0.3 percent down as
Published 21 Feb, 2018 12:00am
Tokyo stocks snap winning streak
Currency

Tokyo stocks snap winning streak

Tokyo stocks fell Tuesday, snapping a three-day winning streak as investors locked in profits after the recent gains. The benchmark Nikkei 225 lost 1.01 percent or 224.11 points to finish at 21,925.10 while the broader Topix index fell 0.72 percent or 12.
Published 21 Feb, 2018 12:00am
Hong Kong stocks fall after Lunar New Year break

Hong Kong stocks fall after Lunar New Year break

Hong Kong's benchmark Hang Seng index fell on Tuesday, when the city's markets reopened following the Lunar New Year holiday, with HSBC leading the slide after reporting a pretax profit below forecasts. China's H-shares index also dropped. At close of tra
Published 21 Feb, 2018 12:00am
Eurozone yields up as ECB speculation mounts

Eurozone yields up as ECB speculation mounts

Eurozone government bond yields edged up on Tuesday as market speculation swirled over the next European Central Bank chief at a time when monetary policy is the main threat for bond markets. Euro zone finance ministers on Monday chose Spanish Economy Min
Published 21 Feb, 2018 12:00am
Sri Lankan stocks up

Sri Lankan stocks up

Sri Lankan shares ended higher for a third straight day on Tuesday on hopes of political stability after the prime minister decided to stay in office and reshuffle his cabinet in the wake of a stinging loss in local elections for both parties in the rulin
Published 21 Feb, 2018 12:00am
Southeast Asian stocks largely down

Southeast Asian stocks largely down

Most Southeast Asian stock markets fell in line with broader Asia on Tuesday but Philippine shares recouped early losses to finish higher for a fifth straight session, their longest winning streak since December. MSCI's broadest index of Asia-Pacific shar
Published 21 Feb, 2018 12:00am
Indian shares drop

Indian shares drop

Indian shares ended lower for a third consecutive session on Tuesday, as private sector banks dropped but recovery was seen in state-run lenders, after sharp declines following the $1.77 billion fraud unearthed by Punjab National Bank (PNB) last week. The
Published 21 Feb, 2018 12:00am
HSBC weighs on banks as European stocks advance

HSBC weighs on banks as European stocks advance

European shares rose on Tuesday thanks to a slew of well-received results, though banks were a weak spot after HSBC reported weaker than expected earnings and said it needed as much as $7 billion of fresh capital. The pan-regional STOXX 600 benchmark ende
Published 21 Feb, 2018 12:00am
Australian shares flat; New Zealand slips

Australian shares flat; New Zealand slips

Australian shares ended flat on Tuesday as losses in financials and materials were offset by gains in energy and information technology stocks. The S&P/ASX 200 index fell 0.700 points to 5,940.90 at the close of trade. The benchmark added 0.6 percent on M
Published 21 Feb, 2018 12:00am
Disappointing HSBC update, weak miners keep FTSE flat

Disappointing HSBC update, weak miners keep FTSE flat

A disappointing update from banking heavyweight HSBC and declines in big mining stocks on metal price weakness weighed on the UK's top share index on Tuesday. The FTSE index ended the session flat at 7,246.77 points, lagging a broadly positive European ma
Published 21 Feb, 2018 12:00am
HSBC profits surge as CEO departs

HSBC profits surge as CEO departs

Profits at HSBC surged during 2017, in part thanks to a strong Asian performance, the global banking giant said Tuesday as it looks to the future without long-serving chief executive Stuart Gulliver. Net profit ballooned to $9.7 billion (7.9 billion euros
Published 21 Feb, 2018 12:00am
HSBC profits surge as CEO departs

HSBC profits surge as CEO departs

Profits at HSBC surged during 2017, in part thanks to a strong Asian performance, the global banking giant said Tuesday as it looks to the future without long-serving chief executive Stuart Gulliver. Net profit ballooned to $9.7 billion (7.9 billion euros
Published 21 Feb, 2018 12:00am
Camel-based baby formula to hit shelves in Dubai

Camel-based baby formula to hit shelves in Dubai

A UAE-based company has unveiled what it calls the world's first camel-based baby formula, an instant powder mix aimed mainly at infants allergic to cow's milk. The Emirates Industry for Camel Milk & Products, or "Camelicious", on Monday unveiled the prod
Published 21 Feb, 2018 12:00am
Walmart posts sharp drop in profit, online sales

Walmart posts sharp drop in profit, online sales

Walmart Inc, the world's biggest retailer, on Tuesday posted a sharp drop in profit and online sales growth during the critical holiday period and forecast annual profit at the lower end of expectations. Its shares fell 9.4 percent as investors worried th
Published 21 Feb, 2018 12:00am
Walmart posts sharp drop in profit, online sales

Walmart posts sharp drop in profit, online sales

Walmart Inc, the world's biggest retailer, on Tuesday posted a sharp drop in profit and online sales growth during the critical holiday period and forecast annual profit at the lower end of expectations. Its shares fell 9.4 percent as investors worried th
Published 21 Feb, 2018 12:00am
WTO chief urges US to avoid paralysing trade system
Exchange

WTO chief urges US to avoid paralysing trade system

The World Trade Organization chief, in an interview with AFP, urged the United States to avert "paralysis" in the global trade dispute settlement system, as economic tensions between Washington and China ratchet up. The Dispute Settlement Body (DSB) is se
Published 21 Feb, 2018 12:00am
Malaysian firm adds Islamic certification to cryptocurrency
Currency

Malaysian firm adds Islamic certification to cryptocurrency

Malaysia-based firm HelloGold has received a sharia-compliant certification for its gold-backed cryptocurrency and plans to launch its online gold platform in Thailand later this year, the company said. Its cryptocurrency product, dubbed GOLDX, was launch
Published 21 Feb, 2018 12:00am
EU vows to strike back at Trump trade threat

EU vows to strike back at Trump trade threat

The EU warned on Tuesday it would take "appropriate measures" to defend its interests if the US imposes tough trade sanctions as President Donald Trump delivers on his protectionist policies. The US Commerce Department on Friday recommended imposing heavy
Published 21 Feb, 2018 12:00am
Sports academy in Egypt gives Syrian children hope

Sports academy in Egypt gives Syrian children hope

When Amir al-Awad fled Syria for Egypt, he intended to cross the Mediterranean for a European country. But instead, the boyhood Syrian wrestling champion opted against the risky sea journey and found work at a restaurant in Alexandria, where he was introd
Published 21 Feb, 2018 12:00am
Qatar Airways replace Lufthansa as Bayern Munich sponsor

Qatar Airways replace Lufthansa as Bayern Munich sponsor

Bayern Munich confirmed Tuesday that Qatar Airways will replace Lufthansa as one of their sponsors, expanding the German club's business links with the Gulf state. Qatar Airways have signed a five-year deal as 'platinum partners', the level below Bayern's
Published 21 Feb, 2018 12:00am
First-ever Female Sports Gala begins

First-ever Female Sports Gala begins

Mohmand Agency first-ever Female Sports Gala carrying different disciplines got under way here at Government Girls Degree College Ekkaghund Lower Mohmand Sub-Division under the aegis of Agency Sports Office, Directorate of Sports FATA Secretariat with col
Published 21 Feb, 2018 12:00am
Aibak Polo Cup: Diamond Paints/Guard Rice earn victory

Aibak Polo Cup: Diamond Paints/Guard Rice earn victory

Half goal handicap advantage helped Diamond Paints/Guard Rice beat Army by 51/2-5 in the Huaneng Shandong Ruyi Aibak Polo Cup 2018 opening encounter played at the Lahore Polo Club (LPC) ground, here Tuesday. Macos Araya emerged as star of the day as he ha
Published 21 Feb, 2018 12:00am
Hamdard University holds HEC Intervarsity Football Championship

Hamdard University holds HEC Intervarsity Football Championship

Hamdard University Karachi successfully organized HEC Intervarsity Football Championship (Men) 'Zone-G' 2017-18 at the Hamdard University Main Campus Football Ground, from January 17 to 22, 2018. A total of 15 Universities of Karachi from both the public
Published 21 Feb, 2018 12:00am
NCA's U-16 advanced coaching programme

NCA's U-16 advanced coaching programme

The National Cricket Academy (NCA) is holding 'Under-16 Advanced Coaching and Training Camp from March 12 to April 7, 2018 at Inzamam ul Haq High Performance Centre, Multan. In this regard, the junior national selection committee has selected 28 players w
Published 21 Feb, 2018 12:00am
Stosur's struggles continue as she subsides in Dubai

Stosur's struggles continue as she subsides in Dubai

Former US Open champion Samantha Stosur crashed out Tuesday in the first round of the Dubai Championship 1-6, 6-2, 6-4 to Estonian Anett Kontaveit. After winning the opening set, Stosur lost the second and then trailed 2-5 in the third, reaching 4-5 but d
Published 21 Feb, 2018 12:00am
England's Hales turns back on Test cricket

England's Hales turns back on Test cricket

Alex Hales announced on Tuesday he is turning his back on Test cricket after signing a new limited-overs contract with county side Nottinghamshire following a similar decision by England team-mate Adil Rashid. Rashid last week said he intended to focus so
Published 21 Feb, 2018 12:00am
New Zealand Cricket backs Eden Park for T20 final

New Zealand Cricket backs Eden Park for T20 final

New Zealand Cricket (NZC) defended Eden Park Tuesday amid criticism the Auckland venue is too small to host international fixtures such as the T20 tri-series final. The decider on Wednesday features New Zealand and Australia, who produced a run-fest at th
Published 21 Feb, 2018 12:00am
Choi inspires South Korea to Olympic relay gold

Choi inspires South Korea to Olympic relay gold

South Korean short track speed skating star Choi Min-jeong led the 2018 Olympic hosts to women's 3,000 metres relay gold Tuesday to deafening cheers from a packed Gangneung Ice Arena. Choi raced the final two laps, holding off China in a frantic dash to t
Published 21 Feb, 2018 12:00am
Tears and cheers as unified Korean team bows out

Tears and cheers as unified Korean team bows out

The joint Korean women's ice hockey team ended their historic Olympic run Tuesday with a crushing 6-1 defeat to Sweden but still received an emotional standing ovation from the crowd. The team was hastily assembled following a landmark deal between South
Published 21 Feb, 2018 12:00am
Games face new doping blow as Canadian skaters serve up magic

Games face new doping blow as Canadian skaters serve up magic

The Pyeongchang Winter Olympics was hit by a third doping scandal on Tuesday, casting a shadow over the magic on ice served up by peerless Canadians Tessa Virtue and Scott Moir. On a day when the first unified Korean Olympic team took an emotional bow, th
Published 21 Feb, 2018 12:00am
Trudeau tours India amid quips PM being given 'cold shoulder'

Trudeau tours India amid quips PM being given 'cold shoulder'

Canadian Prime Minister Justin Trudeau met India's corporate titans on Tuesday as he pursued a tour of the country marred by reports he has been snubbed by political leaders. Trudeau addressed a business conference in Mumbai on Tuesday morning, attended b
Published 21 Feb, 2018 12:00am
Oxfam apologises to Haiti government over sex scandal

Oxfam apologises to Haiti government over sex scandal

Oxfam formally apologized to Haiti on Monday over the prostitution scandal rocking the aid charity, expressing its "shame" and vowing to do better as it handed over a damning internal report into the allegations. Made public earlier in the day, Oxfam's 20
Published 21 Feb, 2018 12:00am
Brexit minister promises no 'Mad Max dystopia'

Brexit minister promises no 'Mad Max dystopia'

Britain will not engage in "Mad Max-style" deregulation and easing of workers' rights and environmental standards once it leaves the European Union, the Brexit secretary said Tuesday. "We will continue our track record of meeting high standards after we l
Published 21 Feb, 2018 12:00am
Lebanese president makes landmark visit to Iraq

Lebanese president makes landmark visit to Iraq

President Michel Aoun led a delegation Tuesday to Iraq on the first visit by a Lebanese head of state to the war-scarred country, for talks that included ways to eradicate terrorism. Aoun held talks with Iraqi President Fuad Masum and was due to meet Prim
Published 21 Feb, 2018 12:00am
Russia blamed as key clinic in Syria enclave bombed out of service

Russia blamed as key clinic in Syria enclave bombed out of service

A key hospital in Syria's rebel-held Eastern Ghouta was put out of service on Tuesday, a medical group said, with a monitor blaming Russian air strikes. "The Arbin hospital was hit twice today and is now out of service," said Moussa Naffa, country directo
Published 21 Feb, 2018 12:00am
Turkey shells pro-regime forces in Afrin

Turkey shells pro-regime forces in Afrin

Turkey fired at Syrian pro-regime forces as they entered Tuesday the Kurdish-controlled enclave of Afrin, Syrian state media said. The shelling marks a major escalation in the month-old assault Turkey and allied rebels are waging on Afrin.
Published 21 Feb, 2018 12:00am
US Secret Service denies China nuclear football 'skirmish'

US Secret Service denies China nuclear football 'skirmish'

The US Secret Service denied Monday reports that one of its agents and White House Chief of Staff John Kelly wrestled with Chinese security officials over the "nuclear football" during President Donald Trump's visit to Beijing in November.
Published 21 Feb, 2018 12:00am
Egyptian court puts government critic on terror list

Egyptian court puts government critic on terror list

An Egyptian court on Tuesday put a leading government critic and 15 others on terror lists at the request of the public prosecutor, a judicial official said. Abdel Moneim Abul Fotouh, who is accused of joining an illegally formed group and spreading false
Published 21 Feb, 2018 12:00am
North Korea cyber threat 'more aggressive than China': US firm

North Korea cyber threat 'more aggressive than China': US firm

North Korean hackers are becoming more aggressive than their Chinese counterparts, a leading US cybersecurity firm warned Tuesday, as it identified a Pyongyang-linked group as an "advanced persistent threat". It was the first time that FireEye had used th
Published 21 Feb, 2018 12:00am
US prosecutor Mueller charges lawyer with lying in Russia probe

US prosecutor Mueller charges lawyer with lying in Russia probe

Special prosecutor Robert Mueller unveiled charges of lying Tuesday against a lawyer linked to a former campaign aide of President Donald Trump, as the probe into Russian election meddling gains pace. Mueller's powerful team of investigators accused Alex
Published 21 Feb, 2018 12:00am
Fire strands hundreds at Malta airport

Fire strands hundreds at Malta airport

Malta International Airport was brought to a standstill on Tuesday by a fire that left flights suspended and hundreds of passengers stranded. Passengers were evacuated from the airport as smoke billowed through the arrivals and departure lounges, an AFP r
Published 21 Feb, 2018 12:00am
Copper prices edge lower as dollar rebounds
Exchange

Copper prices edge lower as dollar rebounds

Copper prices fell on Tuesday, pushed lower by a stronger dollar which made metals more expensive for holders of other currencies, but trading volumes were low with many Asian markets closed for the Lunar New Year holiday. Benchmark copper on the London M
Published 21 Feb, 2018 12:00am
US crude prices rise on Cushing draw, Brent eases

US crude prices rise on Cushing draw, Brent eases

US crude rose to a near two-week high on Tuesday on signs of inventory declines at a key storage hub, while Brent eased under pressure from a stronger dollar. Inventories at Cushing, Oklahoma, the delivery point for US crude futures fell 2.1 million barre
Published 21 Feb, 2018 12:00am
Tokyo rubber extends gains
Exchange

Tokyo rubber extends gains

Benchmark Tokyo rubber futures rose on Tuesday on a weaker yen against the dollar, recovering more ground after plunging to an eight-month low on Friday, brokers said. The Tokyo Commodity Exchange rubber contract for July delivery finished 1.2 yen higher
Published 21 Feb, 2018 12:00am
Palm oil tumbles
Vegetable Oil

Palm oil tumbles

Malaysian palm oil futures slid on Tuesday as export growth slowed and the market took a chance to take profits amid mounting production concerns. The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange was down 1.2 per
Published 21 Feb, 2018 12:00am
White sugar slips on ample supplies, arabica coffee down

White sugar slips on ample supplies, arabica coffee down

White sugar futures fell on Tuesday, pressured by a stronger US dollar and a looming global supply glut, while arabica coffee extended last week's losses to reach its lowest in more than two months. May white sugar settled down $3.60, or 1 percent, at $35
Published 21 Feb, 2018 12:00am
Gold dips in Asia
Currency

Gold dips in Asia

Gold prices fell for a third straight session on Tuesday as the dollar rebounded from over three-year lows hit last week, while investors waited for minutes of the latest Federal Reserve meeting for clues on the outlook for US interest rates. Spot gold wa
Published 21 Feb, 2018 12:00am
Gold down in Europe
Currency

Gold down in Europe

Gold prices were weighed down by a stronger dollar on Tuesday, dropping for the third session, but were underpinned by |political worries and uncertainty about this week's huge US bond auctions. The dollar continued its rebound from three-year lows as inv
Published 21 Feb, 2018 12:00am
US MIDDAY: soyabean meal futures jump

US MIDDAY: soyabean meal futures jump

US soyabean meal futures jumped to their highest level since July 2016 on Tuesday as a drought kept the heat on crops in Argentina, the world's top exporter of the livestock feed. The rally helped lift soyabean and corn prices, which touched seven-month a
Published 21 Feb, 2018 12:00am
US MIDDAY: gold falls

US MIDDAY: gold falls

Gold prices were pressured by a stronger US dollar and rising interest rates on Tuesday, dropping for a third session, but were underpinned by political worries and uncertainty about this week's huge US bond auctions. The dollar continued its rebound from
Published 21 Feb, 2018 12:00am
Soneri Bank earns Rs 1.64 billion PAT

Soneri Bank earns Rs 1.64 billion PAT

The Board of Directors of Soneri Bank Limited met in Karachi under the Chairmanship of Alauddin Feerasta, on Tuesday to review the performance of the Bank and approved the financial statements for the year ended 31 December 2017. Bank has posted profit be
Published 21 Feb, 2018 12:00am
Soneri Bank earns Rs 1.64 billion PAT

Soneri Bank earns Rs 1.64 billion PAT

The Board of Directors of Soneri Bank Limited met in Karachi under the Chairmanship of Alauddin Feerasta, on Tuesday to review the performance of the Bank and approved the financial statements for the year ended 31 December 2017. Bank has posted profit be
Published 21 Feb, 2018 12:00am
Senate Housing Society's 80 percent work completed: Senate body informed

Senate Housing Society's 80 percent work completed: Senate body informed

Capital Development Authority (CDA) Tuesday informed Sub-Committee of Senate on Cabinet Secretariat that 80 percent work on Senate Housing Society has been completed. The Sub-Committee of Senate on Cabinet Secretariat meeting was held here with convener c
Published 21 Feb, 2018 12:00am
Ayyan Ali may be declared absconder
Currency

Ayyan Ali may be declared absconder

The customs court on Tuesday gave a warning to Ayyan Ali stating that the model will be declared an absconder if she fails to appear before the court in the currency smuggling case. The proceedings for the case in Rawalpindi's customs court began despite
Published 21 Feb, 2018 12:00am
Skipping PAC meetings: Finance Secretary's absence draws PAC chief's ire

Skipping PAC meetings: Finance Secretary's absence draws PAC chief's ire

Incensed at Secretary Finance for skipping the panel meetings, Chairman Public Accounts Committee (PAC) Khursheed Shah on Tuesday directed to write a letter to the Prime Minister over repeated negligence of senior officials in attending meetings of the to
Published 21 Feb, 2018 12:00am
International Steels Limited (ISL)
Mutual Funds

International Steels Limited (ISL)

International Steels Limited (PSX: ISL) is a leading manufacturer of flat steel products in Pakistan and is a subsidiary of International Industries Limited (IIL), incorporated in 2007. The company was established with a $165 million investment, with equi
Published 21 Feb, 2018 12:00am