News Archives for Print - 2018-02-28

Print - 2018-02-28

Aaj TV - Wednesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 28 Feb, 2018 12:00am

Exchange

On Monday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,295. The traded value of Metals, Energy and COTS/FX was recorded at PKR 4.062 billion and the number of lots traded was 7,024.

Published 28 Feb, 2018 12:00am

CBOT soyabean futures lower on profit-taking

Chicago Board of Trade soyabean futures closed lower on Monday in a profit-taking setback after several actively traded contracts hit contract highs on concerns about drought-reduced crops in Argentina, traders said. CBOT March soyabeans closed down 2 cen

Published 28 Feb, 2018 12:00am

Exchange

EU wheat extends gains on chilly Europe

European wheat futures extended gains on Monday, reaching their highest in almost three months, with support from concern over a cold snap in Europe and dry conditions in the United States. Gain were moderate, however, as traders saw only a limited threat

Published 28 Feb, 2018 12:00am

European gasoline margins edge higher

Gasoline cracks regained some ground in northwest Europe after ending the week at a six-week low. While exports to West Africa underpinned the market, demand overall had slowed, limiting price gains. Traders said as much as 2 million tonnes had left Europ

Published 28 Feb, 2018 12:00am

Exchange

Chinese steel futures jump over three percent

Chinese steel futures jumped more than 3 percent to their strongest level in almost three months on Monday after China's top steelmaking city said it will extend output curbs over the next eight months after the end of the winter heating season. China's p

Published 28 Feb, 2018 12:00am

Activities at Karachi and Qasim Ports

The Karachi Port handled 115,005 tonnes of cargo comprising 86,954 tonnes of import cargo and 28,051 tonnes of export cargo including 6,862 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday. The total import cargo of 86,

Published 28 Feb, 2018 12:00am

Cotton

Buyers away due to short supply of lint cotton

Buyers kept on the sidelines on the cotton market on Tuesday owing to short supply of lint stocks, dealers said. The official spot rate was unchanged at Rs 6,900, they added. In Sindh and the Punjab, seed cotton prices were at Rs 2400-3000, they said. In

Published 28 Feb, 2018 12:00am

Vegetable Oil

Indonesia's January crude palm oil output rises

Crude palm oil (CPO) output and exports from Indonesia, the world's top producer, likely post a small increase in January, a Reuters survey showed on Monday. Output in January was forecast to rise to 3.59 million tonnes, up slightly from 3.52 million tonn

Published 28 Feb, 2018 12:00am

South Korea holds rates

Bank of Korea Governor Lee Ju-yeol ran his term's last monetary meeting on Tuesday, keeping interest rates on hold and talking up the health of South Korea's economy but warning of the cost of US protectionism to Korea's car and steel industries. Lee told

Published 28 Feb, 2018 12:00am

Currency

Dollar eases in Asia

The dollar eased on Tuesday as investors awaited a slew of economic data this week and Federal Reserve Chairman Jerome Powell's testimony, which could determine whether the US currency's recovery from a three-year low has more room to run. The dollar's in

Published 28 Feb, 2018 12:00am

Currency

Dollar steadies in Europe

The dollar steadied against most major currencies on Tuesday, with traders cautious ahead of testimony from new Federal Reserve chief Jerome Powell that could determine whether the currency's recovery from a three-year low has more room to run. Powell's C

Published 28 Feb, 2018 12:00am

Early trade in New York: dollar adds to gains as Fed's Powell nods to 'gradual' rate hikes

The dollar added to gains against a basket of major currencies on Tuesday after Federal Reserve Chairman Jerome Powell told US lawmakers the central bank would stick with gradual interest rate increases despite the added stimulus of tax cuts and governmen

Published 28 Feb, 2018 12:00am

Currency

Dollar gains against most currencies in New York

The dollar rose against most currencies, except the euro, in choppy trading on Monday ahead of a slew of US economic data and events this week, including Federal Reserve Chairman Jerome Powell's testimony, which could determine whether the greenback's rec

Published 28 Feb, 2018 12:00am

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Tuesday. 82.96-82.96 (Previous 82.94-82.96).

Published 28 Feb, 2018 12:00am

Currency

Sri Lankan rupee steady

The Sri Lankan rupee ended steady on Tuesday as dollar selling by exporters and banks offset importer demand for the US currency, dealers said. The rupee closed unchanged at 154.85/95 per dollar. It hit a record low of 155.90 on February 14. "There was no

Published 28 Feb, 2018 12:00am

Currency

Asian forex: most Asian currencies barely move

Most emerging Asian currencies, similar to the dollar, moved only marginally on Tuesday as markets awaited the first US congressional testimony by new Federal Reserve Chairman Jerome Powell. The dollar edged down slightly, but was still above its three-ye

Published 28 Feb, 2018 12:00am

Currency

Sterling stumbles after Powell's comments boost dollar

Sterling fell on Tuesday, reversing earlier gains, after Federal Reserve chief Jerome Powell's comments that the central bank would stick to gradual rate rises boosted the dollar. With expectations of a May rate hike by the Bank of England mostly priced i

Published 28 Feb, 2018 12:00am

Kiwi slips, Aussie steadies

The New Zealand dollar inched lower on Tuesday after the country recorded its biggest monthly trade deficit in more than 10 years, while the Australian dollar was a tad firmer ahead of the first House testimony by the new head of the Federal Reserve. The

Published 28 Feb, 2018 12:00am

Indian shares lower

Indian shares ended lower on Tuesday, dragged by bank stocks as uncertainties around state-run banks hit risk appetite. Punjab National Bank uncovered more fraudulent transactions, taking its overall prospective loss to nearly $2 billion, while the financ

Published 28 Feb, 2018 12:00am

Tokyo stocks rally

Tokyo stocks rallied on Tuesday with investors tracking another surge on Wall Street as inflation fears that sparked wild volatility earlier this month receded. The benchmark Nikkei 225 index jumped 1.07 percent, or 236.23 points, to close at 22,389.86 wh

Published 28 Feb, 2018 12:00am

Tuesday's early afternoon trade: stocks plummet as Powell's comments stoke rate hike fears

US stocks fell sharply on Tuesday after Federal Reserve Chairman Jerome Powell's comments on strengthening economy and inflation boosted bets the central bank would squeeze in a fourth rate hike this year. In his prepared remarks, Powell had hinted that t

Published 28 Feb, 2018 12:00am

Exchange

Wall Street rises as concerns over interest rates ease

US stocks rose to more than three-week highs on Monday, recovering much of the losses sustained in a sell-off earlier this month, as a decline in Treasury yields assuaged investor concerns about rising interest rates and refocused attention on economic gr

Published 28 Feb, 2018 12:00am

Hong Kong shares fall

Hong Kong stocks fell from three-week highs on Tuesday, as investors took profit ahead of Federal Reserve Chairman Jerome Powell's first congressional testimony. The southbound leg of the Shanghai-Hong Kong Stock Connect saw record net outflows of 2.9 bil

Published 28 Feb, 2018 12:00am

US bond yields slip

US Treasury yields fell on Monday as traders reduced their bearish bond positions in advance of new Federal Reserve Chairman Jerome Powell's semi-annual monetary policy testimony before Congress this week. Data showing domestic new home sales hitting a fi

Published 28 Feb, 2018 12:00am

US bond yields slip

Published 28 Feb, 2018 12:00am

Gulf markets mostly weak

Major Gulf stock markets were mostly weak on Tuesday but Vodafone Qatar jumped by its 10 percent daily limit in response to a stream of positive news from the company. By far the most heavily traded stock in its market, Vodafone Qatar said its nine-month

Published 28 Feb, 2018 12:00am

China stocks snap six-session winning streak

China stocks snapped a six-session winning streak on Tuesday, led lower by real estate and resource firms, as investors booked profits after a recent strong rally. Market participants continued to ponder the impact of certain amendments in the wording of

Published 28 Feb, 2018 12:00am

Comcast's Sky bid pushes European media stocks to month high

M&A activity spiced up a choppy European trading session on Tuesday as Comcast made a surprise counterbid for pay-TV group Sky, sending its shares soaring. The pan-European STOXX 600 closed down 0.2 percent at 382.26 points, while US markets dipped after

Published 28 Feb, 2018 12:00am

Southeast Asian stocks largely up

Most Southeast Asian stock markets closed higher on Tuesday, tracking Wall Street as a fall in US Treasury yields eased concerns about rising interest rates. Wall Street finished near three-week highs on Monday ahead of Federal Reserve Chairman Jerome Pow

Published 28 Feb, 2018 12:00am

FTSE little changed as Sky soars on Comcast bid

Comcast's bid for pay-TV group Sky and strong results from housebuilder Persimmon helped keep Britain's FTSE 100 on an even keel on Tuesday, as investors digested the first public comments from new Federal Reserve chairman Jerome Powell. Market reaction o

Published 28 Feb, 2018 12:00am

Weak German inflation shows ECB still facing uphill battle

German inflation slowed more than expected to hit a 15-month low in February, suggesting that price pressures in Europe's largest economy are muted despite a robust upswing, rising wages and unprecedented monetary stimulus. The weak data, released by the

Published 28 Feb, 2018 12:00am

Taiwan urges calm over panic buying of toilet paper

Taiwan's premier called for calm Tuesday following a desperate run on toilet paper on the island, sparked by speculation of imminent price hikes. Shelves usually stacked with toilet paper, kitchen paper and boxed tissues stood empty in many hypermarkets a

Published 28 Feb, 2018 12:00am

Greek economy minister quits in housing stipend row

Greece's economy minister quit early Tuesday, the prime minister's office said, hours after his wife was ousted as a junior minister over a housing stipend controversy. "Prime Minister Alexis Tsipras has accepted the resignation of Economy Minister Dimitr

Published 28 Feb, 2018 12:00am

Merkel sees 'no violations' in Chinese stake in Daimler

Chancellor Angela Merkel on Tuesday said she saw "no violations" in a major investment by a Chinese billionaire in German car giant Daimler which has reignited concern over Chinese influence on European firms. "We are open to trade partners and at first g

Published 28 Feb, 2018 12:00am

EU-Morocco fish deal doesn't cover W Sahara

An EU fisheries deal with Morocco remains valid as long as it does not involve the disputed region of Western Sahara, the bloc's top court ruled Tuesday, avoiding a clash between Brussels and Rabat. The European Court of Justice said the fisheries agreeme

Published 28 Feb, 2018 12:00am

World's biggest sovereign fund makes more money than ever

Norway's sovereign wealth fund, the world's biggest, yielded returns of 1.02 trillion kroner (106 billion euros, $131 billion) in 2017, a record sum thanks to soaring global stocks, the Norwegian central bank said Tuesday. At the end of last year, the fun

Published 28 Feb, 2018 12:00am

Korean Air sells stake in Czech Airlines

South Korean flagship carrier Korean Air and the Czech government sold their stakes in Czech Airlines (CSA) to Czech company Travel Service on Tuesday, a Travel Service spokeswoman said. "After buying 44 percent of shares from Korean Air and 19.74 percent

Published 28 Feb, 2018 12:00am

Exchange

Comcast seeks to outfox Murdoch with higher bid for Sky

US cable giant Comcast joined in the battle for pan-European satellite TV group Sky on Tuesday, outbidding Rupert Murdoch's 21st Century Fox, whose takeover ambitions have hit UK government resistance. In a surprise announcement before the London stock ma

Published 28 Feb, 2018 12:00am

Eurozone sentiment slips

Eurozone sentiment fell as expected for the second month in a row in February from a multi-year high as confidence sapped from every sector except services, the European Commission said on Tuesday. European Commission survey data showed economic sentiment

Published 28 Feb, 2018 12:00am

Facebook launches effort to help boost newspaper subscriptions

Facebook on Tuesday announced a $3 million pilot project aimed at helping US newspapers boost paid digital subscriptions. The move was the latest by the huge social network to respond to concerns that it and other online platforms have hurt news organizat

Published 28 Feb, 2018 12:00am

Erdogan hails Algeria trade deals on Africa tour

Turkish President Recep Tayyip Erdogan welcomed the signing of trade deals with Algeria on Tuesday as he visited the country on the first leg of a tour of Africa. Erdogan said the agreements would allow Ankara and Algiers to diversify trade pending the si

Published 28 Feb, 2018 12:00am

Boeing says it has Trump deal on Air Force One planes

Boeing said Tuesday it has reached an agreement to build future Air Force One planes after addressing Donald Trump's criticism over hefty costs associated with the presidential aircraft. "Boeing is proud to build the next generation of Air Force One, prov

Published 28 Feb, 2018 12:00am

US manufacturing, goods trade data point to slow Q1 growth

New orders for US-made capital goods unexpectedly fell for a second straight month in January and shipments barely rose, pointing to a slowdown in business spending on equipment and in economic growth early in the first quarter.

Published 28 Feb, 2018 12:00am

Spanish climber's winter Everest summit bid in question

A Spanish climber has abandoned an attempt to make the first winter ascent of Mount Everest for 25 years, the expedition organiser said Tuesday, after "lethal weather" forced him to retreat. It was the second time in as many years that the unpredictable H

Published 28 Feb, 2018 12:00am

Bolt to face Williams in Unicef charity football match

Multiple Olympic champion Usain Bolt will line up opposite British pop star Robbie Williams in a charity football match at Manchester United's Old Trafford stadium, the Jamaican revealed on Tuesday. Now retired, Bolt had given a teaser of what was to come

Published 28 Feb, 2018 12:00am

Hamdan Holdings Punjab Polo Cup: Newage/BBJ Pipes win

Newage/BBJ Pipes outpaced Rijas Aces/PAF by 8-5.5 in the inaugural encounter of the Hamdan Holdings Punjab Polo Cup 2018 played here at the Lahore Polo Club ground on Tuesday. Salvador Ulloa was in sublime form and displayed outstanding polo skills with s

Published 28 Feb, 2018 12:00am

Leisure Leagues Football Season III: Osama, Uzair star in Targaryens FC big triumph

Mohammad Osama fired four goals while Mohammad Uzair scored three goals to help Targaryens Football Club thrash Enfuego Football Club by 9-1 score in Leisure Leagues Season III underway here at Karachi United Football Stadium and Sixteen Star Football Sta

Published 28 Feb, 2018 12:00am

World Cup qualifying: Zadran hat-trick as Afghanistan see off West Indies in warm-up

Afghanistan laid down a marker ahead of 2019 World Cup qualifying as fast bowler Dawlat Zadran took a hat-trick in a comfortable warm-up victory over West Indies in Harare on Tuesday. The Asian side dominated the match, which was reduced to 35-overs-a-sid

Published 28 Feb, 2018 12:00am

Walsh seeks consistency from Bangladesh in Sri Lanka tri-series

Bangladesh interim coach Courtney Walsh said Tuesday he would be pushing his side for consistency in next month's tri-nations series in Sri Lanka after a string of poor finishes. The former Caribbean fast bowling great, usually a pace instructor for Bangl

Published 28 Feb, 2018 12:00am

UEFA hit France's Nasri with six-month doping ban

Former Manchester City midfielder and France international Samir Nasri was handed a six-month doping ban "for using a prohibited method" by European football governing body UEFA on Tuesday. Nasri, 30, had appealed to UEFA for a therapeutic use exemption (

Published 28 Feb, 2018 12:00am

KP Youth Badminton Championship begins

Pakhtunkhwa Youth Badminton Championship got under way here at Wadood Hall, Qayyum Sports Complex on Tuesday. Director General (DG) Youth Affairs, Asfandyar Khan Khattak was chief guest on this occasion and formally inaugurated the Championship in which a

Published 28 Feb, 2018 12:00am

Pouille arrives late but starts fast in Dubai tennis

Second seed Lucas Pouille had no trouble with the transition to outdoor hardcourt as he beat qualifier Ernests Gulbis 6-4, 6-4 on Tuesday at the Dubai Championships. The Frenchman, a finalist indoors in Marseille on Sunday, wasted no time in acclimatising

Published 28 Feb, 2018 12:00am

Mathews ruled out of tri-nation series

Sri Lanka limited-overs captain Angelo Mathews has been ruled out of next month's tri-nation Twenty20 tournament after failing to recover from a hamstring injury, the country's cricket board said Tuesday. The hosts will be led by Dinesh Chandimal in the s

Published 28 Feb, 2018 12:00am

Topley signs white-ball deal with Hampshire

Reece Topley has become the latest England international to switch his focus from first-class cricket to the white-ball game, following in the footsteps of Adil Rashid and Alex Hales. The fast bowler, who has played 10 one-day internationals and six Twent

Published 28 Feb, 2018 12:00am

Goalkeeping legend Buffon ready to play again for Italy

Italy goalkeeping legend Gianluigi Buffon confirmed on Tuesday he is ready to come out of international retirement if he is called up for friendlies against England and Argentina. Buffon called time on his international career after Italy failed to qualif

Published 28 Feb, 2018 12:00am

India dumps sari for trousers at Commonwealth Games ceremony

India's women athletes will for the first time wear trousers and a blazer instead of a traditional sari at the Commonwealth Games opening ceremony in Australia, a move that has pitted reformers against traditionalists. Many Indian women competitors have w

Published 28 Feb, 2018 12:00am

US makes symbolic cut to Cambodia aid

The White House on Tuesday said it was cutting $8.3 million worth of aid programs to Cambodia, a largely symbolic move to protest against an anti-democratic crackdown In a statement, the White House said it was cutting programs designed to support Cambodi

Published 28 Feb, 2018 12:00am

Do not 'weaponise' rights, Philippines warns UN

The Philippines' top diplomat warned the United Nations on Tuesday not to "weaponise" human rights and urged it to send an impartial investigator to probe President Rodrigo Duterte's deadly anti-drug war. The Philippines' human rights record was raised at

Published 28 Feb, 2018 12:00am

'Beast from the East' sends Siberian cold blast across Europe

A blast of Siberian weather sent temperatures plunging across much of Europe Tuesday, carpeting palm-lined beaches in snow and prompting warnings for the homeless and elderly people. While the Arctic is seeing record high temperatures, at least 24 people

Published 28 Feb, 2018 12:00am

More than 30 believed dead in PNG quake

More than 30 people are believed to have died after a powerful earthquake struck Papua New Guinea's mountainous interior, a report said Tuesday as details of "extensive" damage began to emerge. The 7.5-magnitude tremor struck 90 kilometres (55 miles) sout

Published 28 Feb, 2018 12:00am

Israel suspends actions that led to closure of Christian holy site

Israel on Tuesday suspended tax measures and other actions that led to the rare closure of the church built at what is seen as the holiest site in Christianity, shut down all week in protest. Christian leaders who have kept Jerusalem's Church of the Holy

Published 28 Feb, 2018 12:00am

Trump names campaign manager for 2020 reelection bid

President Donald Trump has only just completed his first year in the White House, but he is already looking ahead to a 2020 reelection campaign, tapping Brad Parscale to get the ball rolling. In a statement on Tuesday, Trump's campaign announced the 42-ye

Published 28 Feb, 2018 12:00am

Protests as sanctioned Iran minister addresses UN rights meet

Demonstrators gathered outside the UN in Geneva Tuesday and some diplomats left in protest over an address by Iran's justice minister to the rights council, despite facing Swiss and EU sanctions over rights violations. Alireza Avaie took the podium at the

Published 28 Feb, 2018 12:00am

Russia has 'incredibly destabilizing' role in Syria: US general

Russia is playing an "incredibly destabilizing" role in Syria, where it claims it wants to settle the civil war while at the same time stoking the conflict, a top US general said Tuesday. "Diplomatically and militarily, Moscow plays both arsonist and fire

Published 28 Feb, 2018 12:00am

DRC military court jails policeman for life for killing protester

A military court in the Democratic Republic of Congo has jailed a police officer for life for killing a demonstrator opposed to President Joseph Kabila, a judicial source said Tuesday. "Police officer Agbe Obeid is sentenced to life in prison for having s

Published 28 Feb, 2018 12:00am

Czech release of Syrian Kurdish leader triggers outrage in Turkey

A Czech court on Tuesday released prominent Syrian Kurdish leader Saleh Muslim, wanted by Turkey on terror charges, prompting outrage in Ankara which said the move showed "support for terrorism". Turkey on Monday said it had formally asked for the extradi

Published 28 Feb, 2018 12:00am

Fresh violence mars first day of Syria enclave 'truce'

A humanitarian "pause" announced by Russia in Syria's deadly bombardment of Eastern Ghouta struggled to take hold Tuesday, with fresh violence erupting and no sign of aid deliveries or residents leaving the besieged enclave. Nine days after Russian-backed

Published 28 Feb, 2018 12:00am

Exchange

Shanghai copper down

Shanghai Futures Exchange copper closed down 0.1 percent at 53,370 yuan ($8,461.36) a tonne on Tuesday, slipping for the second day in a row after an initially strong showing after the Lunar New Year holiday. "The positive sentiment in the market looks li

Published 28 Feb, 2018 12:00am

Exchange

Copper slides as dollar bounces after Fed testimony

Copper fell more than 1 percent on Tuesday as the dollar rose after Federal Reserve Chairman Jerome Powell pledged to stick with gradual increases in US interest rates despite the added stimulus of tax cuts and government spending. Powell's debut testimon

Published 28 Feb, 2018 12:00am

Opec chief expects 2018 oil market balance

Opec chief Suhail al-Mazrouei said Tuesday he expected the global oil market to be balanced this year, as producers continue to trim production following a 2014 market crash. "I am optimistic that this year, we will achieve a market balance" between suppl

Published 28 Feb, 2018 12:00am

Oil dips before US crude inventory data

Oil fell on Tuesday as a firmer dollar encouraged investors to take profits from a two-week rally ahead of weekly data that analysts have forecast will show a build in US crude inventories. By 1:12 pm Eastern time (1812 GMT), Brent was down 67 cents to $6

Published 28 Feb, 2018 12:00am

Exchange

Tokyo rubber steadies

Benchmark Tokyo rubber futures steadied after hitting a 3-week high on Tuesday as investors took profits after the recent rally and as Shanghai futures pared earlier gains. Tokyo Commodity Exchange (TOCOM) futures, which set the tone for rubber prices in

Published 28 Feb, 2018 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

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

Published 28 Feb, 2018 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

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

Published 28 Feb, 2018 12:00am

Vegetable Oil

Malaysian palm oil up

Malaysian palm oil futures hit a two-week high on Monday evening, recording a second straight session of gains, as rising demand for palm and gains in rival oilseeds supported the market. The benchmark palm oil contract for May delivery on the Bursa Malay

Published 28 Feb, 2018 12:00am

Cocoa keeps rising

Cocoa futures extended gains to three-month highs on Monday, in a volatile session that lifted contracts to technically overbought levels on diminishing crop prospects in top grower Ivory Coast, though profit-taking pressured prices mid-session. May New Y

Published 28 Feb, 2018 12:00am

Gold rises in New York

Gold prices rose on Monday as a softer US dollar helped the metal rebound from its biggest weekly loss this year, but moves were muted before the debut congressional testimony by US Federal Reserve Chair Jerome Powell later this week. Powell's appearance

Published 28 Feb, 2018 12:00am

Gold steadies in Asia

Gold prices were steady on Tuesday as the dollar was little changed while investors awaited US Federal Reserve Chair Jerome Powell's first congressional testimony for clues on the future pace of monetary tightening. Spot gold was up 0.1 percent at $1,334.

Published 28 Feb, 2018 12:00am

Exchange

Gold dips in Europe

Gold prices fell modestly on Tuesday after the new chairman of the US central bank pledged to stick with gradual increases to interest rates. Spot gold was down 0.3 percent at $1,329.01 an ounce at 1430 GMT, paring losses after falling as low as $1,324.51

Published 28 Feb, 2018 12:00am

US MIDDAY: wheat rises

US wheat prices rose to roughly seven-month highs on Tuesday as low crop ratings and limited chances of rain in drought-hit parts of the Plains growing region kept attention on the risk of yield losses. The gains were fuelled by US Department of Agricultu

Published 28 Feb, 2018 12:00am

US MIDDAY: gold slides

Gold prices were down 1 percent Tuesday after the new U.S central bank chairman pledged to stick with gradual interest rate increases. Spot gold was down 1.1 percent at $1,318.22 an ounce by 1:34 pm EST (1834 GMT). Its session low of $1,313.26 was a two-w

Published 28 Feb, 2018 12:00am

KPT, BQM and Gwadar: meeting to improve rail connectivity held

The second inter-ministerial meeting on improvement of rail connectivity with Karachi Port Trust (KPT), Bin Qasim ((BQM) and Gwadar was held on Tuesday at Ministry of Railways, Islamabad. Parveen Agha, chairperson, Ministry of Railways, said that Pakistan

Published 28 Feb, 2018 12:00am

PTI MPA escapes terrorist attack

Terrorists have attacked female lawmaker of Khyber Pakhtunkhwa Assembly hailing from Pakistan Tehreek-e-Insaf (PTI), Zareena Zia in the jurisdiction of Saokano police station on Tuesday. Zareena Zia has said that she remained unhurt in the attack as the t

Published 28 Feb, 2018 12:00am

Exchange

SECP holds sessions for ease of doing business reforms agenda

The Securities and Exchange Commission of Pakistan (SECP) has organized two sessions with the contributors under ease of doing business reforms agenda at Company Registration Offices in Lahore and Karachi. The purpose of these sessions was to engage with

Published 28 Feb, 2018 12:00am

WBC's multi-stakeholder leadership and governance dialogue held

World Business Council (WBC) held a high-level multi-stakeholder leadership and governance dialogue under the theme of "Pathways to Sustainable Future" for Sustainable Development Pakistan chapter here at the office of United Nations Habitat on Tuesday. T

Published 28 Feb, 2018 12:00am

Railways demands Rs 73 billion for 29 projects under PSDP 2018-2019

Pakistan Railways has demanded Rs 73 billion for 29 projects, including Rs 30.3 billion for China-Pakistan Economic Corridor (CPEC) related projects, under the Public Sector Development Program (PSDP) 2018-19. The government has so far released Rs 18.27 b

Published 28 Feb, 2018 12:00am

Mutual Funds

Engro Polymer & Chemicals Limited

A subsidiary of Engro Corporation Limited, Engro Polymer & Chemicals (EPCL) was incorporated in 1997. Its primary business is within the chlor-vinyl segment, which includes Polyvinyl Chloride (PVC), Vinyl Chloride Monomer (VCM), Caustic Soda, Hydrochloric

Updated 28 Feb, 2018 06:47am

Mutual Funds

Engro Polymer & Chemicals Limited

Published 28 Feb, 2018 12:00am

MWM moves LHC against Ahsan Iqbal

Majlis-i-Wahdatul Muslimeen (MWM) has approached the Lahore High Court against Interior Minister Ahsan Iqbal for calling the organisation a banned outfit. MWM Secretary General Nasir Abbas Sherazi pleaded that the Interior minister misled a meeting of the

Published 28 Feb, 2018 12:00am

PU VC for promoting sciences to protect life

Punjab University's Vice Chancellor, Professor Dr Muhmmad Zakria Zakar has said that the real purpose of all sciences was to protect life and we must promote such knowledge that could contribute to improvement of living standards. He was addressing the in

Published 28 Feb, 2018 12:00am

Chinese language interpreters: CPEC projects to create 40,000 jobs: Tevta chief

Chairman Technical Education and Vocational Training Authority (TEVTA) Irfan Qaiser Sheikh has said that China Pakistan Economic Corridor (CPEC) will produce around 40,000 jobs of Chinese language interpreters for youngsters. TEVTA is preparing youth to a

Published 28 Feb, 2018 12:00am

Liberation of Kashmir will change India's map: JI chief

Chief of Jamaat-e-Islami, Pakistan, Senator Sirajul Haq led a Senate delegation to the Cease Fire line to boost the morale of the Pak army units on the front line. The delegation also met the families of the martyrs and enquired after the health of the in

Published 28 Feb, 2018 12:00am

Man held for blackmailing woman

The Federal Investigation Agency (FIA) has arrested a man for blackmailing a woman through her 'highly-personal data' and demanding Rs 1.5 million as extortion money. One Sobia Atif, a resident of Faisalabad district, had lodged a complaint at the Nationa

Published 28 Feb, 2018 12:00am

PHOTA to promote cadaveric transplantation

The Punjab Human Organs Transplantation Authority (PHOTA) in its meeting has agreed in principle to launch joint programs aimed at enhancing collaboration with the foreign institutions and foundations for the promotion of cadaveric transplantation as well

Published 28 Feb, 2018 12:00am

PTI-led opposition benches create pandemonium in Punjab Assembly

For the second consecutive day, the Opposition benches, led by the Pakistan Tehreek-e-Insaf (PTI), continued to create pandemonium in the House on Tuesday. They warned Speaker Sher Ali Gurchani that if Punjab Chief Minister Shahbaz Sharif does not appear

Published 28 Feb, 2018 12:00am

Punjab Assembly Standing body visits PU Centre for Coal Tech

A delegation of members of Punjab Assembly's Standing Committee on Mines & Minerals headed by Mehr Khalid Mahmood Sargana has visited PU Centre for Coal Technology. PU VC Professor Dr Zakir Zakeria and CCT Professor Dr Shahid Munir welcomed the delegation

Published 28 Feb, 2018 12:00am

Sharifs will not be allowed to attack SC: Wattoo

PPP leader and former Chief Minister Punjab Mian Manzoor Wattoo has said that Sharifs will not be allowed to repeat history of attack on Supreme Court. Protection of State Institutions is national, constitutional, democratic, and political responsibility

Published 28 Feb, 2018 12:00am

Nawaz finally parts ways with Nisar

The PML-N Quaid Muhammad Nawaz Sharif has finally parted ways with his close political associate for past three decades Chaudhary Nisar Ali Khan as he did not invite him to the crucial CEC meeting which elected his friend Chief Minister Shahbaz Sharif as

Published 28 Feb, 2018 12:00am

Shahbaz to face challenge of keeping PML-N united

Punjab Chief Minister Shahbaz Sharif, who was elected as acting President of the PML-N on Tuesday, had earlier served as the party president in 2002 after registration of cases against Nawaz Sharif. Starting his political career as president of Lahore Cha

Published 28 Feb, 2018 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 4	277.97
USD PKR Interbank Buying / Dec 4	277.77
USD to Japanese Yen / Dec 4	150.37
USD to Swiss Franc / Dec 4	0.89
Pound Sterling to USD / Dec 4	1.27
Euro to USD / Dec 4	1.05

Stock	Volume
S&P 500 / Dec 3	6,049.87
Nasdaq / Dec 3	19,480.91
Dow Jones / Dec 3	44,705.53
India Sensex / Dec 4	80,956.33
Tokyo Nikkei / Dec 4	39,276.39
Hang Seng / Dec 4	19,742.46
FTSE 100 / Dec 4	8,328.12
Germany DAX 30 / Dec 4	20,195.75

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 3	17,685
Crude Oil USD/Barrel / Dec 4	70.17
Gold 10 Grams PKR / Dec 4	235,940
Gold Spot USD/Ounce / Dec 4	2,644.45
Cotton US¢/pound / Dec 4	71.11
Petrol/Litre / Dec 5	252.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 5 786 Investments Limited(786)	7.37 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 5 Al-Abbas Sugar Mills Limited(AABS)	627.86 ▼ 0.00 (0.00%)
Agro Allianz / Dec 5 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 5 Ali Asghar Textile Mills Limited(AATM)	68.40 ▼ 0.00 (0.00%)
Allied Bank / Dec 5 Allied Bank Limited(ABL)	150.94 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 5 Abbott Laboratories (Pakistan) Limited(ABOT)	1,123.10 ▼ 0.00 (0.00%)
Abson Ind. / Dec 5 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 5 Alfalah Consumer Index ETF.(ACIETF)	13.47 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 5 786 Investments Limited(786)	7.37 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 5 Al-Abbas Sugar Mills Limited(AABS)	627.86 ▲ 0.00 (0.00%)
Agro Allianz / Dec 5 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 5 Ali Asghar Textile Mills Limited(AATM)	68.40 ▲ 0.00 (0.00%)
Allied Bank / Dec 5 Allied Bank Limited(ABL)	150.94 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 5 Abbott Laboratories (Pakistan) Limited(ABOT)	1,123.10 ▲ 0.00 (0.00%)
Abson Ind. / Dec 5 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 5 Alfalah Consumer Index ETF.(ACIETF)	13.47 ▲ 0.00 (0.00%)

Stock	Volume
Cnergyico PK / Dec 5 Cnergyico PK Limited(CNERGY)	246,707,903 ▲ 0.00
WorldCall Telecom / Dec 5 Worldcall Telecom Limited(WTL)	89,419,070 ▲ 0.00
Hascol Petrol / Dec 5 Hascol Petroleum Limited(HASCOL)	87,024,698 ▲ 0.00
Pak Elektron / Dec 5 Pak Elektron Limited(PAEL)	67,806,935 ▲ 0.00
Sui South Gas / Dec 5 Sui Southern Gas Company Limited(SSGC)	61,811,720 ▲ 0.00
Power Cement / Dec 5 Power Cement Limited(POWER)	58,501,362 ▲ 0.00
K-Electric Ltd. / Dec 5 K-Electric Limited(KEL)	56,938,645 ▲ 0.00
Pak Int.Bulk / Dec 5 Pakistan International Bulk Terminal(PIBTL)	56,115,997 ▲ 0.00
Pak Refinery / Dec 5 Pakistan Refinery Limited(PRL)	55,870,990 ▲ 0.00

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