News Archives for Print - 2018-02-24 - Business Recorder

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اردو

Apr 18, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Print - 2018-02-24

Nishat Mills posts Rs 1.961 billion as PAT

Exchange

Nishat Mills posts Rs 1.961 billion as PAT

Nishat Mills Limited has posted Rs 1.961 billion as profit after tax in the quarter ended December 31, 2017 as compared to Rs 1.909 billion earned in the corresponding period in 2016. The board of directors of the company in its meeting held on Friday at

Published 24 Feb, 2018 12:00am

Revised Rates of Debt Securities

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Friday (February 23, 2018).

Published 24 Feb, 2018 12:00am

BRIndex100 edges down

Exchange

BRIndex100 edges down

Pakistan Stock Exchange Friday witnessed a mixed trend, however it closed in negative zone due to selling in various sectors at the fag end. BRIndex100 lost 28.04 points or 0.6 percent to close at 4,638.26 points. BRIndex100 touched intraday high of 4,699

Published 24 Feb, 2018 12:00am

Revised Rates of Debt Securities

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Friday (February 23, 2018).

Published 24 Feb, 2018 12:00am

Work launched on TAPI pipeline's Afghan section

Work launched on TAPI pipeline's Afghan section

Regional leaders launched construction work on the Afghan section of an $8 billion natural gas pipeline that will link the energy-rich Central Asian nation of Turkmenistan through Afghanistan to Pakistan and India. Ex-Soviet Turkmenistan holds the world's

Published 24 Feb, 2018 12:00am

THE RUPEE: steady trend

Currency

THE RUPEE: steady trend

The rupee managed to resist further decline against the dollar on the money market on Friday in process of trading, currency experts said. The rupee was unchanged versus the dollar for buying and selling at Rs 110.57 and Rs 110.58 respectively, they said.

Published 24 Feb, 2018 12:00am

Work launched on TAPI pipeline's Afghan section

Work launched on TAPI pipeline's Afghan section

Regional leaders launched construction work on the Afghan section of an $8 billion natural gas pipeline that will link the energy-rich Central Asian nation of Turkmenistan through Afghanistan to Pakistan and India. Ex-Soviet Turkmenistan holds the world's

Published 24 Feb, 2018 12:00am

THE RUPEE: steady trend

Currency

THE RUPEE: steady trend

The rupee managed to resist further decline against the dollar on the money market on Friday in process of trading, currency experts said. The rupee was unchanged versus the dollar for buying and selling at Rs 110.57 and Rs 110.58 respectively, they said.

Published 24 Feb, 2018 12:00am

Work launched on TAPI pipeline''s Afghan section

Work launched on TAPI pipeline''s Afghan section

Regional leaders launched construction work on the Afghan section of an $8 billion natural gas pipeline that will link the energy-rich Central Asian nation of Turkmenistan through Afghanistan to Pakistan and India. Ex-Soviet Turkmenistan holds the world''

Published 24 Feb, 2018 12:00am

Kerb buying and selling rate of US dollar

Kerb

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Friday (February 23, 2018).

Published 24 Feb, 2018 12:00am

Pipeline vital for regional prosperity: PM

Pipeline vital for regional prosperity: PM

Prime Minister Shahid Khaqan Abbasi on Friday, noting the critical role of Afghanistan in the success of Turkmenistan Afghanistan Pakistan India (TAPI) gas pipeline, said the project was vital for prosperity of the region. "Let today be the start of a new

Published 24 Feb, 2018 12:00am

Dollar's rate in interbank market

Dollar's rate in interbank market

Interbank closing rates for dollar on Friday (February 23, 2018).

Published 24 Feb, 2018 12:00am

Pipeline vital for regional prosperity: PM

Pipeline vital for regional prosperity: PM

Prime Minister Shahid Khaqan Abbasi on Friday, noting the critical role of Afghanistan in the success of Turkmenistan Afghanistan Pakistan India (TAPI) gas pipeline, said the project was vital for prosperity of the region. "Let today be the start of a new

Published 24 Feb, 2018 12:00am

Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (February 23, 2018).

Published 24 Feb, 2018 12:00am

Pipeline vital for regional prosperity: PM

Pipeline vital for regional prosperity: PM

Prime Minister Shahid Khaqan Abbasi on Friday, noting the critical role of Afghanistan in the success of Turkmenistan Afghanistan Pakistan India (TAPI) gas pipeline, said the project was vital for prosperity of the region. "Let today be the start of a new

Published 24 Feb, 2018 12:00am

Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (February 23, 2018).

Published 24 Feb, 2018 12:00am

Three 'Leaks': 151 names uploaded on website to find their trace, SC told

Three 'Leaks': 151 names uploaded on website to find their trace, SC told

Federal Board of Revenue (FBR) Friday expressed its inability to investigate and tax as many as 151 Pakistanis whose names appeared in the Panama Leaks, the Offshore Leaks and the Paradise Leaks. Supreme Court had formed a three-member committee headed by

Published 24 Feb, 2018 12:00am

Pakistan Mercantile Exchange - PMEX

Exchange

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Friday (February 23, 2018).

Published 24 Feb, 2018 12:00am

Three 'Leaks': 151 names uploaded on website to find their trace, SC told

Three 'Leaks': 151 names uploaded on website to find their trace, SC told

Federal Board of Revenue (FBR) Friday expressed its inability to investigate and tax as many as 151 Pakistanis whose names appeared in the Panama Leaks, the Offshore Leaks and the Paradise Leaks. Supreme Court had formed a three-member committee headed by

Published 24 Feb, 2018 12:00am

Lahore Paper Market Rates

Lahore Paper Market Rates

Paper market rates in rupees on Friday (February 23, 2018).

Published 24 Feb, 2018 12:00am

Three ''Leaks'': 151 names uploaded on website to find their trace, SC told

Three ''Leaks'': 151 names uploaded on website to find their trace, SC told

Federal Board of Revenue (FBR) Friday expressed its inability to investigate and tax as many as 151 Pakistanis whose names appeared in the Panama Leaks, the Offshore Leaks and the Paradise Leaks. Supreme Court had formed a three-member committee headed by

Published 24 Feb, 2018 12:00am

Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (February 23, 2018)

Published 24 Feb, 2018 12:00am

It's beyond scope of global protocols: SECP

Exchange

It's beyond scope of global protocols: SECP

The Securities and Exchange Commission of Pakistan (SECP) has said that the Panama Papers, the Bahamas Leaks and the Paradise Leaks primarily constitute the violation of tax and banking laws, which is beyond the scope of international cooperation protocol

Published 24 Feb, 2018 12:00am

Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (February 23, 2018).

Published 24 Feb, 2018 12:00am

It's beyond scope of global protocols: SECP

Exchange

It's beyond scope of global protocols: SECP

The Securities and Exchange Commission of Pakistan (SECP) has said that the Panama Papers, the Bahamas Leaks and the Paradise Leaks primarily constitute the violation of tax and banking laws, which is beyond the scope of international cooperation protocol

Published 24 Feb, 2018 12:00am

LME official prices

Exchange

LME official prices

The following were Monday official prices.

Published 24 Feb, 2018 12:00am

It''s beyond scope of global protocols: SECP

Exchange

It''s beyond scope of global protocols: SECP

The Securities and Exchange Commission of Pakistan (SECP) has said that the Panama Papers, the Bahamas Leaks and the Paradise Leaks primarily constitute the violation of tax and banking laws, which is beyond the scope of international cooperation protocol

Published 24 Feb, 2018 12:00am

LME official prices

Exchange

LME official prices

The following were Monday official prices.

Published 24 Feb, 2018 12:00am

No mention of Pakistan in FATF's public announcements

No mention of Pakistan in FATF's public announcements

Financial Action Task Force (FATF) has not so far placed Pakistan among the grey list of those jurisdictions having strategic deficiencies regarding anti-money laundering (AML) and counterterrorism financing, according to official statement issued from Pa

Published 24 Feb, 2018 12:00am

Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (February 23, 2018).

Published 24 Feb, 2018 12:00am

No mention of Pakistan in FATF's public announcements

No mention of Pakistan in FATF's public announcements

Financial Action Task Force (FATF) has not so far placed Pakistan among the grey list of those jurisdictions having strategic deficiencies regarding anti-money laundering (AML) and counterterrorism financing, according to official statement issued from Pa

Published 24 Feb, 2018 12:00am

Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (February 23, 2018).

Published 24 Feb, 2018 12:00am

SBP orders banks to freeze Rao Anwar's accounts

SBP orders banks to freeze Rao Anwar's accounts

The State Bank of Pakistan (SBP) has asked the banks to freeze all bank accounts of suspended SSP Malir Rao Anwar with immediate effect. SBP has taken this action in the light of the directives of the Supreme Court of Pakistan, received on Thursday night.

Published 24 Feb, 2018 12:00am

The Weather

The Weather

The weather report on Friday (February 23, 2018) and the forecast for Saturday (February 24, 2018).

Published 24 Feb, 2018 12:00am

SBP orders banks to freeze Rao Anwar's accounts

SBP orders banks to freeze Rao Anwar's accounts

The State Bank of Pakistan (SBP) has asked the banks to freeze all bank accounts of suspended SSP Malir Rao Anwar with immediate effect. SBP has taken this action in the light of the directives of the Supreme Court of Pakistan, received on Thursday night.

Published 24 Feb, 2018 12:00am

US to open Jerusalem embassy in May

US to open Jerusalem embassy in May

The United States will relocate its embassy in Israel to Jerusalem in May, coinciding with Israel's celebration of the 70th anniversary of its independence, US officials said Friday. The decision immediately sparked a furious reaction from Palestinians, w

Published 24 Feb, 2018 12:00am

US to open Jerusalem embassy in May

US to open Jerusalem embassy in May

The United States will relocate its embassy in Israel to Jerusalem in May, coinciding with Israel's celebration of the 70th anniversary of its independence, US officials said Friday. The decision immediately sparked a furious reaction from Palestinians, w

Published 24 Feb, 2018 12:00am

Indian exchanges cut ties to foreign bourses after government nod

Exchange

Indian exchanges cut ties to foreign bourses after government nod

India's government fully endorses a dramatic move by domestic exchanges to cut off data to global bourses, sources familiar with the matter said, seeing it as vital to lure foreign investments into the country from Singapore and other financial centres. I

Published 24 Feb, 2018 12:00am

Indian exchanges cut ties to foreign bourses after government nod

Exchange

Indian exchanges cut ties to foreign bourses after government nod

India's government fully endorses a dramatic move by domestic exchanges to cut off data to global bourses, sources familiar with the matter said, seeing it as vital to lure foreign investments into the country from Singapore and other financial centres. I

Published 24 Feb, 2018 12:00am

Indian exchanges cut ties to foreign bourses after government nod

Exchange

Indian exchanges cut ties to foreign bourses after government nod

India''s government fully endorses a dramatic move by domestic exchanges to cut off data to global bourses, sources familiar with the matter said, seeing it as vital to lure foreign investments into the country from Singapore and other financial centres.

Published 24 Feb, 2018 12:00am

Daniyal never meant to malign judiciary: counsel

Daniyal never meant to malign judiciary: counsel

Federal Minister for Privatization Daniyal Aziz on Friday told a three-member Supreme Court bench headed by Justice Azmat Saeed that he had not committed any contempt of court, claiming that an Urdu daily had misquoted him; however, the court rejected his

Published 24 Feb, 2018 12:00am

Daniyal never meant to malign judiciary: counsel

Daniyal never meant to malign judiciary: counsel

Federal Minister for Privatization Daniyal Aziz on Friday told a three-member Supreme Court bench headed by Justice Azmat Saeed that he had not committed any contempt of court, claiming that an Urdu daily had misquoted him; however, the court rejected his

Published 24 Feb, 2018 12:00am

India seeks 'reasonable' oil price from Saudi Arabia

India seeks 'reasonable' oil price from Saudi Arabia

India is seeking a reasonable price for crude oil from Saudi Arabia, Oil Minister Dharmendra Pradhan said on Friday, in a move that could help Riyadh regain top spot in supplying the world's third largest oil consumer. "Some instrument can be developed so

Published 24 Feb, 2018 12:00am

India seeks 'reasonable' oil price from Saudi Arabia

India seeks 'reasonable' oil price from Saudi Arabia

India is seeking a reasonable price for crude oil from Saudi Arabia, Oil Minister Dharmendra Pradhan said on Friday, in a move that could help Riyadh regain top spot in supplying the world's third largest oil consumer. "Some instrument can be developed so

Published 24 Feb, 2018 12:00am

India seeks ''reasonable'' oil price from Saudi Arabia

India seeks ''reasonable'' oil price from Saudi Arabia

India is seeking a reasonable price for crude oil from Saudi Arabia, Oil Minister Dharmendra Pradhan said on Friday, in a move that could help Riyadh regain top spot in supplying the world''s third largest oil consumer. "Some instrument can be developed s

Published 24 Feb, 2018 12:00am

US imposes largest package of sanctions against North Korea

US imposes largest package of sanctions against North Korea

US President Donald Trump said on Friday the United States would impose the "largest-ever" package of sanctions on North Korea, intensifying pressure on the reclusive country to give up its nuclear and missile programmes. In addressing the Trump administr

Published 24 Feb, 2018 12:00am

US imposes largest package of sanctions against North Korea

US imposes largest package of sanctions against North Korea

US President Donald Trump said on Friday the United States would impose the "largest-ever" package of sanctions on North Korea, intensifying pressure on the reclusive country to give up its nuclear and missile programmes. In addressing the Trump administr

Published 24 Feb, 2018 12:00am

China takes over Anbang, prosecutes ex-boss for 'economic crimes'

China takes over Anbang, prosecutes ex-boss for 'economic crimes'

China took over Anbang Insurance Group for a year on Friday and said its former chairman faces prosecution for "economic crimes", in the government's most drastic move yet to rein in politically connected companies whose splashy overseas investments have

Published 24 Feb, 2018 12:00am

China takes over Anbang, prosecutes ex-boss for 'economic crimes'

China takes over Anbang, prosecutes ex-boss for 'economic crimes'

China took over Anbang Insurance Group for a year on Friday and said its former chairman faces prosecution for "economic crimes", in the government's most drastic move yet to rein in politically connected companies whose splashy overseas investments have

Published 24 Feb, 2018 12:00am

China takes over Anbang, prosecutes ex-boss for ''economic crimes''

China takes over Anbang, prosecutes ex-boss for ''economic crimes''

China took over Anbang Insurance Group for a year on Friday and said its former chairman faces prosecution for "economic crimes", in the government''s most drastic move yet to rein in politically connected companies whose splashy overseas investments have

Published 24 Feb, 2018 12:00am

Indian state offers free breast implants to poor women

Indian state offers free breast implants to poor women

Thousands of poor women in India's Tamil Nadu state have been offered free cosmetic breast surgery, including implants, its health minister said Friday, because "poor people also have a right to look beautiful". The southern Indian state is known for its

Published 24 Feb, 2018 12:00am

Indian state offers free breast implants to poor women

Indian state offers free breast implants to poor women

Thousands of poor women in India's Tamil Nadu state have been offered free cosmetic breast surgery, including implants, its health minister said Friday, because "poor people also have a right to look beautiful". The southern Indian state is known for its

Published 24 Feb, 2018 12:00am

Patwari's legacy disputed but his impact undeniable

Patwari's legacy disputed but his impact undeniable

Speaking to media persons after an agreement signing ceremony between Land Record Authority and Nadra to provide services of obtaining ownership deeds of public properties at Nadra's 3700 E-Sahulat Centres to people at Lahore the other day, a visibly beam

Published 24 Feb, 2018 12:00am

Towards even-handed accountability

Towards even-handed accountability

A long-held desire of the political class and civil society to see retired army officers indicted, like their civilian counterparts, for alleged wrongdoing seems about to be fulfilled. The National Accountability Bureau (NAB) has announced its decision to

Published 24 Feb, 2018 12:00am

Ease of doing business reform - II

Exchange

Ease of doing business reform - II

The initiative taken by PM Abbasi on ease of doing business appears to be moving ahead. A steering committee constituted by Board of Investment (BoI) for the purpose will present its recommendations to the PM by next week. The PM has agreed to head the st

Published 24 Feb, 2018 12:00am

US shale investors still waiting on payoff from oil boom

US shale investors still waiting on payoff from oil boom

US oil production has topped 10 million barrels per day, approaching a record set in 1970, but many investors in the companies driving the shale oil revolution are still waiting for their payday. Shale producers have raised and spent billions of dollars t

Published 24 Feb, 2018 12:00am

Xi confidant emerges as frontrunner to head China's central bank

Currency

Xi confidant emerges as frontrunner to head China's central bank

Liu He, a Harvard-trained economist who is a trusted confidant of Chinese President Xi Jinping, has emerged as the frontrunner to be the next governor of the People's Bank of China (PBOC), according to three sources with knowledge of the situation. Liu ma

Published 24 Feb, 2018 12:00am

Unfortunate incident

Exchange

Unfortunate incident

How unfortunate it is a former highly respected judge of Supreme Court and ex-Chief Justice of Sindh High Court had to face humiliation at the office of Chief Election Commission of Pakistan in Islamabad the other day. Media reports say that former justic

Published 24 Feb, 2018 12:00am

Nawaz's 'rhetoric' to weaken institutions: Zardari

Nawaz's 'rhetoric' to weaken institutions: Zardari

Pakistan Peoples Party (PPP) Co-Chairman Asif Ali Zardari Friday said that former prime minister Nawaz Sharif is trying to whip up 'rhetoric' against state institutions to weaken them. He expressed these views while addressing a press conference here. "Th

Published 24 Feb, 2018 12:00am

Factories manufacturing fake shampoos sealed

Factories manufacturing fake shampoos sealed

District administration Friday sealed 17 factories at Karkhano Market for manufacturing fake shampoos of a renowned brand and arrested its owners. On the directives of Deputy Commissioner (DC) Islamzeb, the Additional Deputy Commissioner (ADC) Shahid Ali

Published 24 Feb, 2018 12:00am

Pezu plant closure: Lucky Cement denies rumours

Pezu plant closure: Lucky Cement denies rumours

Lucky Cement Ltd has categorically refuted all rumours regarding shutting down of its Pezu plant by local Excise and Taxation department. According to the press statement issued here on Friday, company's operations including cement production and dispatch

Published 24 Feb, 2018 12:00am

Training of 9 million polling staff from next month

Training of 9 million polling staff from next month

Election Commission of Pakistan (ECP) Friday announced that it will start training of around nine million polling staff from March this year for upcoming general election. Chief Election Commissioner former justice Sardar Muhammad Raza said this while add

Published 24 Feb, 2018 12:00am

SERT national roaster launched

SERT national roaster launched

Pakistan on Friday launched the first ever national roster on Surge Emergency Response Team (SERT) under Transforming Surge Capacity Project to strengthen local capacity for responding in emergency situations. The project was launched by National Humanita

Published 24 Feb, 2018 12:00am

Rabbani orders refurbishment of Senate Hall

Rabbani orders refurbishment of Senate Hall

Flamboyant Senate Chairman Raza Rabbani, who is set to retire in March, has ordered refurbishment of Senate Hall which is in a shambles as previous chairmen paid no heed to renovate the building constructed about four decades ago. A senior official at Sen

Published 24 Feb, 2018 12:00am

LHC issues notices to ECP, others

LHC issues notices to ECP, others

The Lahore High Court (LHC) on Friday issued notices to Election Commission of Pakistan and others for March 01 in a petition challenging Senate elections and its scrutiny process. The petitioner Azhar Siddique advocate said how an absconder could be allo

Published 24 Feb, 2018 12:00am

Youth killed in Indian firing at LoC

Youth killed in Indian firing at LoC

A young was killed in unprovoked firing by Indian forces at Line of Control on Friday. According to a press release issued by Pakistan Army Media Wing-ISPR, Indian army continued terrorizing civil population along LOC. An innocent young boy Inzamam s/o M

Published 24 Feb, 2018 12:00am

Quake jolts Balochistan, Sindh border areas

Quake jolts Balochistan, Sindh border areas

An earthquake of mild intensity jolted parts of Balochistan and Sindh on Friday due to which various dilapidated houses were damaged but no causality was reported due to quake. According to geological wing of Pakistan Meteorological Department, tremours m

Published 24 Feb, 2018 12:00am

Amendments in nomination form: IHC seeks response from ECP, Secretary Law

Amendments in nomination form: IHC seeks response from ECP, Secretary Law

Islamabad High Court on Friday issued notices to Election Commission of Pakistan (ECP), Secretary Law and Secretary Parliamentary Affairs in response to a plea of President Awami Muslim League Sheikh Rasheed Ahmad seeking govt's response for elimination o

Published 24 Feb, 2018 12:00am

National Assembly body directs CDA to allocate land for NIHR

National Assembly body directs CDA to allocate land for NIHR

National Assembly Standing Committee on Human Rights has directed Capital Development Authority (CDA) to allocate required land to Ministry of Human Rights for constructing the building of National Institute of Human Rights. The committee was informed tha

Published 24 Feb, 2018 12:00am

Fata colleges: hard area allowance for teachers discussed

Fata colleges: hard area allowance for teachers discussed

The Senate Standing Committee on States and Frontier Regions (SAFRON) Friday discussed non-payment of hard area allowance to the teachers of FATA colleges. The panel also took up the matter of doubling the quota for FATA students in various education and

Published 24 Feb, 2018 12:00am

Strategic Trade Policy Framework: BMP calls for consultation with all stakeholders

Exchange

Strategic Trade Policy Framework: BMP calls for consultation with all stakeholders

Office bearers of Businessmen Panel (BMP) have urged the Ministry of Commerce to initiate comprehensive consultation with all stakeholders to make a valid and reasonable Strategic Trade Policy Framework (STPF). BMP secretaries general for Federal Area and

Published 24 Feb, 2018 12:00am

Shah asks Nawaz to accept court's verdicts

Shah asks Nawaz to accept court's verdicts

Pakistan Peoples Party (PPP) leader Khurshid Shah on Friday urged the former Prime Minister Nawaz Sharif to accept the verdicts of court. Speaking to media in Sukkur, Shah said that Sharif has to respect the institutions and verdicts of courts as he has a

Published 24 Feb, 2018 12:00am

Engro Corporation announces financial results for 2017

Engro Corporation announces financial results for 2017

Pakistan's premier conglomerate, Engro Corporation announced its financial results for the year 2017 at a meeting held at its headquarters in Karachi. The company posted a consolidated profit-after-tax of Rs 16,290 million compared to Rs 12,912 million (e

Published 24 Feb, 2018 12:00am

Engro Corporation announces financial results for 2017

Engro Corporation announces financial results for 2017

Pakistan's premier conglomerate, Engro Corporation announced its financial results for the year 2017 at a meeting held at its headquarters in Karachi. The company posted a consolidated profit-after-tax of Rs 16,290 million compared to Rs 12,912 million (e

Published 24 Feb, 2018 12:00am

SECP amends 'Securities and Futures Advisers Regulations'

Mutual Funds

SECP amends 'Securities and Futures Advisers Regulations'

The Securities and Exchange Commission of Pakistan (SECP) has introduced amendments to the Securities and Futures Advisers (Licensing and Operations) Regulations, 2017, notified vide SRO No 253(I)/2018. The said notification and amended regulations are av

Published 24 Feb, 2018 12:00am

Copper, zinc and other base metals slip

Exchange

Copper, zinc and other base metals slip

Copper, zinc and other base metals prices fell on Friday as investors locked in profits and the dollar firmed amid uncertainty over demand in top metals consumer China. Benchmark copper gained about 8 percent earlier this month in a rally that lifted the

Published 24 Feb, 2018 12:00am

Minister for anti-dengue steps

Minister for anti-dengue steps

Punjab Minister for Specialized Healthcare & Medical Education (SH&ME) Khawaja Salman Rafique has said that with the change of weather and surge in temperature, the dengue season of 2018 has began, therefore, all the departments should start anti-dengue m

Published 24 Feb, 2018 12:00am

Economic agenda for GE 2018: need for simplifying taxation system stressed

Economic agenda for GE 2018: need for simplifying taxation system stressed

Speakers at a roundtable meeting on Possible Economic Agenda for upcoming general election have urged the need of simplified tax system and long term policies for sustained economic growth. Speakers urged that the federal and provincial tax regime needs t

Published 24 Feb, 2018 12:00am

Climate Change Summit 2018: saving environment every individual's duty: minister

Climate Change Summit 2018: saving environment every individual's duty: minister

Sindh Minister for Information, Labour, Human Resources, Transport and Mass Transit Syed Nasir Hussain Shah has said that prior to climate change it is our duty as an individual to play our part at every level in saving and protecting our environment. "It

Published 24 Feb, 2018 12:00am

Production of corn seeds: Pakistan to achieve self-sufficiency

Exchange

Production of corn seeds: Pakistan to achieve self-sufficiency

In a major boost to food security of the country, Pakistan is poised to become self-sufficient in production of corn hybrid seeds. The local seed companies have developed high yielding corn varieties while the local scientists of national companies associ

Published 24 Feb, 2018 12:00am

NAB approves plea bargain petition of Sohail Majeed

NAB approves plea bargain petition of Sohail Majeed

National Accountability Bureau (NAB) on Friday approved plea bargain petition of contractor Sohail Majeed in mega corruption case. The accused during investigation confessed to his alleged involvement in embezzlement of Rs 96 million.

Published 24 Feb, 2018 12:00am

BoI launches project to attract local & foreign investment

Exchange

BoI launches project to attract local & foreign investment

The Board of Investment with the support of the United Kingdom government's Prosperity Fund launched a project in partnership with International Finance Corporation and World Bank to revive Pakistan's global appeal as an attractive location for both local

Published 24 Feb, 2018 12:00am

KMC to fill vacant posts soon, says mayor

KMC to fill vacant posts soon, says mayor

Mayor Karachi Waseem Akhtar on Friday said that the vacant posts in Karachi Metropolitan Corporation (KMC) would soon be filled as summary in this regard has been forwarded to the Chief Minister Sindhi for approval. Talking to media after the passing out

Published 24 Feb, 2018 12:00am

Romanian envoy, NSA discuss regional security situation

Romanian envoy, NSA discuss regional security situation

Ambassador of Romania Nicolaie Goia called on National Security Adviser Lieutenant-General Nasser Khan Janjua (retd) on Friday. During the meeting, both the discussed issues related to promotion of bilateral relations, matters pertaining to regional secur

Published 24 Feb, 2018 12:00am

Lawmakers get stay order against cancellation of arms licences

Lawmakers get stay order against cancellation of arms licences

The Sindh High Court (SHC) on Friday sought comments from ministry of interior, home secretary and others on a petition of lawmakers challenging the federal government's notification that suspended all prohibited bore arms licenses. MNA Mir Shabbir Ali Bi

Published 24 Feb, 2018 12:00am

Danish envoy briefed on power sector opportunities

Exchange

Danish envoy briefed on power sector opportunities

Danish Ambassador to Pakistan Rolf Holmboe on Friday called on the Federal Minister for Power Division, Sardar Awais Ahmed Khan Leghari and discussed matters related to cooperation in the field of energy. The minister apprised the ambassador regarding the

Published 24 Feb, 2018 12:00am

Goods lying in bonded warehouses: MCC (Appraisement East) unable to recover huge revenue

Goods lying in bonded warehouses: MCC (Appraisement East) unable to recover huge revenue

Model Customs Collectorate (MCC) Appraisement East is reportedly unable to recover huge government revenue to the tune of Rs 18.274 billion involved on the overstayed goods lying in the bonded warehouses.

Published 24 Feb, 2018 12:00am

US MIDDAY: gold eases

US MIDDAY: gold eases

Gold eased on Friday, heading towards its biggest weekly decline in 2-1/2 months, as the US dollar climbed from last week's three-year low on the back of higher US Treasury yields. Bullion has come under heavy pressure this week from a recovery in the gre

Published 24 Feb, 2018 12:00am

Gold down in Europe

Currency

Gold down in Europe

Gold eased on Friday, heading towards its biggest weekly decline in 2-1/2 months, as the dollar climbed from last week's three-year low on the back of higher Treasury yields. The precious metal has come under heavy pressure this week from a recovery in th

Published 24 Feb, 2018 12:00am

Gold slips in Asia

Gold slips in Asia

Gold prices slipped on Friday and were headed for their sharpest weekly drop in 2-1/2 months as the dollar strengthened during the week. Spot gold was down 0.4 percent at $1,326.65 an ounce as of 0741 GMT, heading for a fifth session of fall in six. It ha

Published 24 Feb, 2018 12:00am

Rotterdam vegetable oil prices

Vegetable Oil

Rotterdam vegetable oil prices

The following were Friday's Rotterdam vegetable oil prices at 1700 GMT:

Published 24 Feb, 2018 12:00am

Rotterdam vegetable oil prices

Vegetable Oil

Rotterdam vegetable oil prices

The following were Friday's Rotterdam vegetable oil prices at 1700 GMT:

Published 24 Feb, 2018 12:00am

Rubber up

Exchange

Rubber up

Benchmark Tokyo rubber futures rose on Friday, supported by sharp gains in Shanghai futures, brokers said. The new benchmark Tokyo Commodity Exchange rubber contract for August delivery debuted at 187.1 yen ($1.75) on Friday morning and finished 1.5 yen h

Published 24 Feb, 2018 12:00am

Oil climbs as Libyan outage, Saudi comments support

Oil climbs as Libyan outage, Saudi comments support

Oil prices rose on Friday, supported by a dip in Libyan production and upbeat comments from Saudi Arabia that an Opec-led effort to cut stockpiles is working. Crude prices were supported by the shutdown of the El Feel oilfield in Libya, which produces 70,

Published 24 Feb, 2018 12:00am

EU doubles Sahel force funding

EU doubles Sahel force funding

European leaders on Friday doubled their funding for a force tackling jihadists in the Sahel, but African leaders warned the money must come quickly if it is to be effective. The European Union announced an extra 50 million euros ($61 million) for the G5

Published 24 Feb, 2018 12:00am

Two car bombings strike Mogadishu

Two car bombings strike Mogadishu

At least 18 people were killed and 20 wounded on Friday when two car bombs exploded in the Somali capital of Mogadishu, the city's main ambulance service said. Jihadist rebels claimed the attack.

Published 24 Feb, 2018 12:00am

Two injured in Louisiana university shooting

Two injured in Louisiana university shooting

Two people were injured in a shooting early Friday at Southeastern Louisiana University, the university said, nine days after a massacre at a Florida high school sparked a national uproar over US gun violence. "University Police confirmed incident occurre

Published 24 Feb, 2018 12:00am

May to set out Brexit plan next Friday after Cabinet agreement

May to set out Brexit plan next Friday after Cabinet agreement

Prime Minister Theresa May will make a speech next Friday on Britain's relationship with the EU following Brexit after her cabinet agreed a plan at a marathon meeting, her spokesman said. One minister who was not present said they had agreed Britain would

Published 24 Feb, 2018 12:00am

Australia's scandal-hit deputy Prime Minister quits

Australia's scandal-hit deputy Prime Minister quits

Australia's scandal-hit deputy leader Barnaby Joyce announced Friday he was quitting and moving to the backbench amid claims of sexual harassment and controversy over an affair with a now-pregnant former aide. Joyce, whose National Party rules alongside P

Published 24 Feb, 2018 12:00am

Fresh Russian doping case overshadows Zagitova magic

Fresh Russian doping case overshadows Zagitova magic

A fresh Russian doping case overshadowed the team's first gold medal at the Pyeongchang Winter Games on Friday and could lower the country's chances of an earlly return to the Olympic fold Russia's bobsleigh federation said female pilot Nadezhda Sergeyeva

Published 24 Feb, 2018 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 17	280.67
USD PKR Interbank Buying / Apr 17	280.47
USD to Japanese Yen / Apr 17	142.81
USD to Swiss Franc / Apr 17	0.82
Pound Sterling to USD / Apr 17	1.32
Euro to USD / Apr 17	1.14
UK LIBOR % / Apr 16	4.96

Stock	Volume
S&P 500 / Apr 16	5,275.70
Nasdaq / Apr 16	16,307.16
Dow Jones / Apr 16	39,669.39
India Sensex / Apr 17	77,621.26
Tokyo Nikkei / Apr 17	34,285.53
Hang Seng / Apr 17	21,352.47
FTSE 100 / Apr 17	8,207.23
Germany DAX 30 / Apr 17	21,240.89
France CAC40 / Apr 17	7,290.96

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 16	16,985
Gold 10 Grams PKR / Apr 16	298,353
Crude Oil USD/Barrel / Apr 17	63.25
Gold Spot USD/Ounce / Apr 17	3,331.95
Cotton US¢/pound / Apr 17	66.66
Petrol/Litre / Apr 18	254.63
Diesel/Litre / Apr 18	258.64

Gainers
Losers
Leaders

Stock	Price
Ghazi Fabrics / Apr 17 Ghazi Fabrics International Limited(GFIL)	8.36 ▲ 1 (13.59%)
UDL International / Apr 17 UDL International Limited(UDLI)	8.52 ▲ 1 (13.3%)
Escorts Bank / Apr 17 Escorts Investment Bank Limited(ESBL)	6.84 ▲ 0.76 (12.5%)
Chakwal Spinning / Apr 17 Chakwal Spinning Mills Limited(CWSM)	57.93 ▲ 5.27 (10.01%)
United Brands / Apr 17 United Brands Limited(UBDL)	23.18 ▲ 2.11 (10.01%)
S.S.Oil / Apr 17 S.S.Oil Mills Limited(SSOM)	244.59 ▲ 22.24 (10%)
Pak Gulf Leasing / Apr 17 Pak-Gulf Leasing Company Limited(PGLC)	21.89 ▲ 1.99 (10%)
PIA Holding Co.B / Apr 17 PIA Holding Company Limited B(PIAHCLB)	1,928.97 ▲ 175.36 (10%)
Trust Sec.& Brok. / Apr 17 Trust Securities & Brokerage Limited(TSBL)	13.97 ▲ 1.27 (10%)
Bolan Casting / Apr 17 Bolan Castings Limited(BCL)	104.06 ▲ 9.46 (10%)

Stock	Price
Oilboy Energy(R) / Apr 17 Oilboy Energy Limited(R)(OBOYR2)	1.07 ▼ -0.31 (-22.46%)
Gulshan Sp. / Apr 17 Gulshan Spinning Mills Limited(GSPM)	3.48 ▼ -0.46 (-11.68%)
Blue-Ex Ltd / Apr 17 Blue-Ex Limited (GEM)(GEMBLUEX)	56.69 ▼ -6.29 (-9.99%)
Int. Knit. / Apr 17 International Knitwear Limited(INKL)	14.84 ▼ -1.56 (-9.51%)
Jubilee Gen. Ins. / Apr 17 Jubilee General Insurance Limited(JGICL)	49.52 ▼ -4.7 (-8.67%)
Bawany Air Products / Apr 17 Bawany Air Products Limited(BAPL)	32.39 ▼ -2.92 (-8.27%)
Asim Textile / Apr 17 Asim Textile Mills Limited(ASTM)	13.40 ▼ -1.2 (-8.22%)
Jahangir Sidd(Pref) / Apr 17 Jahangir Sidd(Pref)(JSCLPSA)	8.85 ▼ -0.6 (-6.35%)
Sanghar Sugar / Apr 17 Sanghar Sugar Mills Limited(SANSM)	50.83 ▼ -3.24 (-5.99%)
The Thal Ind.Corp. / Apr 17 The Thal Industries Corporation Limited(TICL)	340.04 ▼ -19.97 (-5.55%)

Stock	Volume
Maple Leaf Cement / Apr 17 Maple Leaf Cement Factory Limited(MLCF)	23,794,610 ▲ 3.81
B.O.Punjab / Apr 17 The Bank of Punjab(BOP)	23,321,095 ▲ 0.15
Cnergyico PK / Apr 17 Cnergyico PK Limited(CNERGY)	17,945,036 ▲ 0.02
Fauji Cement / Apr 17 Fauji Cement Company Limited(FCCL)	16,949,781 ▲ 1.19
National Bank / Apr 17 National Bank of Pakistan(NBP)	16,604,549 ▲ 4.2
WorldCall Telecom / Apr 17 Worldcall Telecom Limited(WTL)	14,865,718 ▲ 0
Pace (Pak) Ltd. / Apr 17 Pace (Pakistan) Limited(PACE)	14,613,210 ▲ 0.21
Sui South Gas / Apr 17 Sui Southern Gas Company Limited(SSGC)	11,876,679 ▲ 1.06
Hascol Petrol / Apr 17 Hascol Petroleum Limited(HASCOL)	10,975,030 ▲ 0.09
United BankXD / Apr 17 United Bank Limited(UBL)	10,968,701 ▲ 16.02

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Baggasse-fired IPPs: Nepra set to approve 60% hike in FCC

Baggasse-fired IPPs: Nepra set to approve 60% hike in FCC

NJLI Sarmaya Growth Fund Rates

Gold price per tola jumps Rs8,600 to another all-time high in Pakistan

Gold price per tola jumps Rs8,600 to another all-time high in Pakistan

Pakistan posts record $1.2bn current account surplus in March 2025

Pakistan posts record $1.2bn current account surplus in March 2025

SRO 592(1)/2025 attracts criticism from steel sector

SRO 592(1)/2025 attracts criticism from steel sector

Asian countries, including Pakistan, look to buy more US energy to offset trade imbalance

Asian countries, including Pakistan, look to buy more US energy to offset trade imbalance

KSE-100 Index closes 881 points higher amid buying momentum

KSE-100 Index closes 881 points higher amid buying momentum

Rs1.275trn loan to tackle circular debt: CPPA-G likely to sign term sheets with 18 banks

Rs1.275trn loan to tackle circular debt: CPPA-G likely to sign term sheets with 18 banks

CCP slaps Rs25m fine on Hyundai for misleading Tucson launch offer

CCP slaps Rs25m fine on Hyundai for misleading Tucson launch offer

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