News Archives for Print - 2018-03-14

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Print - 2018-03-14

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (March 13, 2018).

Published 14 Mar, 2018 12:00am

Exchange

Currency values in terms of Special Drawing Rights

The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special Drawing Rights (SDR).

Published 14 Mar, 2018 12:00am

Currency

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Tuesday (March 13, 2018).

Published 14 Mar, 2018 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (March 13, 2018).

Published 14 Mar, 2018 12:00am

Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (March 13, 2018).

Published 14 Mar, 2018 12:00am

Currency

Banks' rates for currency notes (buying and selling)

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Tuesday (March 13, 2018).

Published 14 Mar, 2018 12:00am

Currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Tuesday (March 13, 2018).

Published 14 Mar, 2018 12:00am

Currency

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (March 13, 2018).

Published 14 Mar, 2018 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Tuesday (March 13, 2018).

Published 14 Mar, 2018 12:00am

Libor

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Tuesday (March 13, 2018).

Published 14 Mar, 2018 12:00am

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 (March 13, 2018).

Published 14 Mar, 2018 12:00am

Currency

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Tuesday (March 13, 2018).

Published 14 Mar, 2018 12:00am

Exchange

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (March 13, 2018).

Published 14 Mar, 2018 12:00am

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 14 Mar, 2018 12:00am

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 14 Mar, 2018 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 14 Mar, 2018 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 14 Mar, 2018 12:00am

Aaj TV - Wednesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 14 Mar, 2018 12:00am

Exchange

PMEX daily trading report

On Monday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,247. The traded value of Metals, Energy and COTS/FX was recorded at PKR 4.486 billion and the number of lots traded was 7,029.

Published 14 Mar, 2018 12:00am

Growth in Russian wheat export prices fall last week

Growth in Russian wheat export prices slowed last week in step with the trend in global markets, analysts said on Monday. Black Sea prices for Russian wheat with 12.5 percent protein content were at $208 a tonne on a free-on-board (FOB) basis at the end o

Published 14 Mar, 2018 12:00am

CBOT corn futures flat

Chicago Board of Trade corn futures finished nearly unchanged on Monday, with some contracts easing about 0.1 percent on technical selling in the wake of last week's seven-month highs, traders said. Corn was supported by small gains in wheat and soybean p

Published 14 Mar, 2018 12:00am

Taiwan buys 52,000 tonnes of South African corn

Taiwan's feed industry procurement association MFIG purchased about 52,000 tonnes of corn expected to be sourced from South Africa in an international tender on Friday, European traders said. The yellow corn was all bought at a premium of 193 US cents c&f

Published 14 Mar, 2018 12:00am

Argentina approves GMO varieties for corn and soyabeans

Argentina, one of the world's leading exporters of foodstuffs, approved on Tuesday the use of two corn GMO varieties belonging to Syngenta and the local unit of Dow Chemical, and one soya GMO variety belonging to Bayer SA. The norm, detailed in three reso

Published 14 Mar, 2018 12:00am

European wheat prices edge lower on firm euro

European wheat prices edged lower on Monday, pressured by weaker US markets, the closure of the front month contract and a firm euro against the dollar, traders said. May milling wheat on Paris-based Euronext, fell 0.3 percent by 1657 GMT to 162.75 euros

Published 14 Mar, 2018 12:00am

Activities at Karachi and Qasim Ports

The Karachi Port handled 112,023 tonnes of cargo comprising 64,185 tonnes of import cargo and 47,838 tonnes of export cargo including 3,277 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday. The total import cargo of 64,

Published 14 Mar, 2018 12:00am

Cotton

Cotton market: spot rate firm amid lacklustre business

No change was witnessed on the cotton market on Tuesday as spinners kept on the sidelines due to less buying interest, dealers said. The official spot rate was unchanged at Rs 7400, they added. In Sindh and Punjab prices were at Rs 2800-3100, they said.

Published 14 Mar, 2018 12:00am

Abundant rains to boost Ivory Coast cocoa mid-crop

Abundant rainfall in many of Ivory Coast's cocoa-growing regions last week will boost the size and quality of upcoming mid-crop harvest, farmers said on Monday. The world's top cocoa producer is emerging from a three-month dry season and entering the rain

Published 14 Mar, 2018 12:00am

Britain funds export of CSeries jets in aftermath of trade row

Britain has thrown financial support for the first time behind exports of Bombardier CSeries jets part-built by Northern Ireland workers caught up in a recent trade row. Export credit agency UK Export Finance said the financing for jets being delivered to

Published 14 Mar, 2018 12:00am

Apple buys digital magazine subscription service

Apple announced Monday it is buying digital magazine subscription service Texture, adding to the side of its business aimed at making money from online content or services. The iPhone maker did not disclose financial terms of the deal to buy Texture from

Published 14 Mar, 2018 12:00am

German automakers biggest spenders on electric cars

Germany's massive car industry is the biggest investor worldwide in electric vehicles, a study published Monday found, as it scrambles under increasing pressure to adopt low-emissions technology. Over the past two years, German carmakers Volkswagen, Daiml

Published 14 Mar, 2018 12:00am

China's bike-share app Ofo raises $850 million to expand overseas

Chinese bike-sharing start-up Ofo announced Tuesday that it has raised around $850 million from investors including e-commerce giant Alibaba, to finance its overseas expansion while it battles rivals in China. Ofo, whose lemon-yellow bicycles are ubiquito

Published 14 Mar, 2018 12:00am

French auto giant to set up assembly plant in Namibia

French car giant PSA announced Monday it would start assembling Peugeot and Opel brands in Namibia in the second half of 2018. Under an investment agreement with the Namibian government, PSA - whose brands also include Citroen, DS and Vauxhall - will reac

Published 14 Mar, 2018 12:00am

Dubai deal triggers Somalia port row with breakaway north

Somalia's parliament has declared "null and void" a port deal signed by breakaway Somaliland that has raised tensions between Mogadishu and Hargeisa. Dubai-based DP World this month struck a deal giving Ethiopia a 19-percent stake in Somaliland's Berbera

Published 14 Mar, 2018 12:00am

Currency

Yen clings to gains in Asia

The yen held firm against the dollar on Tuesday as a political scandal engulfing Japanese Prime Minister Shinzo Abe's government raised doubts about his ability to continue to pursue his economic policies, including monetary easing. The yen traded at 106.

Published 14 Mar, 2018 12:00am

Currency

Dollar surges past 107 yen in Europe

The dollar surged against the yen on Tuesday, heading for its biggest single-day rise in five months, before inflation data later in the day that may alter expectations for US interest rate moves this year. Markets have priced in 75 basis points of rate r

Published 14 Mar, 2018 12:00am

Early trade in New York: dollar slides against most major currencies

The dollar fell against most major currencies on Tuesday after US inflation data for February came in line with expectations, suggesting the Federal Reserve remained on track to raise interest rates at a gradual pace. The dollar also lost traction after U

Published 14 Mar, 2018 12:00am

Currency

Dollar falls, yen gains in New York

The dollar fell on Monday, pressured by data showing persistently low wages that will likely constrain the US Federal Reserve from raising interest rates more than three times this year. Friday's non-farm payrolls report showed US job gains for February w

Published 14 Mar, 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 82.96-82.96).

Published 14 Mar, 2018 12:00am

Yuan edges up

China's yuan edged up against the US dollar on Tuesday after the central bank set a much stronger midpoint, but trade was thin as market participants awaited US inflation data for clues on the outlook for the greenback in the near term. US job data releas

Published 14 Mar, 2018 12:00am

Exchange

Asian currencies subdued

Most Asian currencies traded in a tight range ahead of crucial inflation data from the United States due later in the day. Inflation has been a focal point for the Federal Reserve's monetary policy, and could speed up the tempo of interest rate hikes this

Published 14 Mar, 2018 12:00am

Currency

Sri Lankan rupee down

The Sri Lankan rupee ended weaker on Tuesday due to importer dollar demand while late exporter sales of greenback capped the fall, dealers said. The rupee which traded at 155.83 during the day closed at 155.70/75 per dollar, compared with Monday's close o

Published 14 Mar, 2018 12:00am

Currency

Sterling climbs to two-week high

Sterling rose to a two-week high on Tuesday as the dollar sold off after data showed US consumer price inflation in February cooled and President Donald Trump said he had fired US Secretary of State Rex Tillerson. As the dollar began its sell-off, British

Published 14 Mar, 2018 12:00am

Aussie, kiwi up

The Australian dollar climbed to a two-week high on Tuesday on greater optimism about the country's economic outlook after a gauge of business conditions rose to a record, while the New Zealand dollar added to two straight sessions of gains. National Aust

Published 14 Mar, 2018 12:00am

Higher ownership ceilings boost Qatar index, Egypt climbs on CIB

Qatar's stock market continued rising on Tuesday after two top companies said they were raising their ceilings for foreign ownership, while strength in Egypt's biggest bank lifted that market. Most of the rest of the region was subdued. The Qatari stock i

Published 14 Mar, 2018 12:00am

Tokyo stocks climb

Tokyo stocks rose Tuesday for a fourth consecutive session on a weak yen, while investors remained cautious about the market impact of a cronyism scandal dogging Japan's premier. The benchmark Nikkei 225 index gained 0.66 percent or 144.07 points to close

Published 14 Mar, 2018 12:00am

Tuesday's afternoon trade: Wall Street slips as technology stocks lag

Losses in technology stocks weighed on Wall Street's main indexes on Tuesday as investors booked profits following the recent strong run and uncertainty in Washington after another high-profile exit from the Trump administration.

Published 14 Mar, 2018 12:00am

Exchange

Dow, S&P weighed down by tariffs while tech boosts Nasdaq

The S&P 500 and the Dow Jones Industrial Average slumped on Monday as the US tariffs signed into law last week by President Donald Trump weighed on industrials, though gains in tech stocks boosted the Nasdaq. Shares of companies such as Boeing Co, down 2.

Published 14 Mar, 2018 12:00am

Hong Kong stocks flat

Hong Kong shares ended flat on Tuesday as investors pondered over the impact of a government reshuffle on the mainland. Market participants also awaited the US inflation data later in the day which could offer clues on the pace of interest rate rises this

Published 14 Mar, 2018 12:00am

Demand for Treasuries steady

Increased supply did not quell demand for three- and 10-year Treasury notes auctioned Monday, a positive sign for the heavy issuance expected in the year ahead. Monday's auctions saw the $28 billion three-year note sold at slightly lower-than-expected yie

Published 14 Mar, 2018 12:00am

Demand for Treasuries steady

Published 14 Mar, 2018 12:00am

Sri Lankan stocks edge up

Sri Lankan shares rose slightly on Tuesday and posted their highest close in nearly two weeks as investors picked up beverage and telecom stocks, and foreign investors returned to the market following a communal violence last week, dealers said. Foreign i

Published 14 Mar, 2018 12:00am

India's NSE index little changed

India's broader NSE index closed little changed on Tuesday with losses in IT stocks such as Tata Consultancy Services offsetting gains in financials such as Axis Bank Ltd. The NSE index ended almost flat at 10,426.85, while the benchmark BSE index slipped

Published 14 Mar, 2018 12:00am

Exchange

China stocks snap three-day winning streak

China stocks broke a three-day winning streak and ended lower on Tuesday, weighed down by healthcare and consumer stocks, as investors pondered over the impact of a government reshuffle. At the close, the Shanghai Composite index was down 0.5 percent at 3

Published 14 Mar, 2018 12:00am

Currency

European shares sag after Trump ousts US chief diplomat

European shares closed firmly in negative territory on Tuesday as the euro rose against a faltering dollar after US President Donald Trump fired Secretary of State Rex Tillerson. The pan-European STOXX 600 ended the session down 1 percent with Frankfurt's

Published 14 Mar, 2018 12:00am

Australian shares down; New Zealand rises

The material and financial sectors dragged Australian shares lower on Tuesday as commodity prices weakened and a government-backed inquiry into bank misconduct began its first round of public hearings. The broader market ended the day lower tracking a wea

Published 14 Mar, 2018 12:00am

Most Southeast Asian stocks recover

Most Southeast Asian stock markets recovered from early falls to close higher on Tuesday, in line with broader Asia, but the gains were limited ahead of US inflation data which could provide cues about the pace of interest rate hikes in the world's larges

Published 14 Mar, 2018 12:00am

Pound pummels FTSE, results roil mid caps

Britain's top share index succumbed to gains in the pound on Tuesday after US President Donald Trump fired Secretary of State Rex Tillerson, while disappointing earnings updates weighed on mid caps. The FTSE ended down 1.1 percent at 7,138.78 points, whil

Published 14 Mar, 2018 12:00am

China to merge banking, insurance regulators in massive overhaul

China unveiled plans on Tuesday for the biggest shakeup of government in at least a decade, including the merger of its banking and insurance regulators to better handle financial risks as leaders look to address concerns over a growing debt pile.

Published 14 Mar, 2018 12:00am

Google guru Page tests flying taxis in New Zealand

Self-piloted flying taxis are being tested in New Zealand as part of a project backed by Google co-founder Larry Page that supporters say will revolutionise personal transport. New Zealand regulators on Tuesday approved plans for Zephyr Airworks, a subsid

Published 14 Mar, 2018 12:00am

Trump eyes TV pundit as new economics guru

President Donald Trump said Tuesday there's a "very good chance" he would name conservative television personality Larry Kudlow to replace top economic advisor Gary Cohn, who resigned last week following a battle over import tariffs. Like Cohn, Kudlow has

Published 14 Mar, 2018 12:00am

Trump axes Obama-era rule on organic farming

The US Department of Agriculture announced Monday it is withdrawing a much delayed Obama-era rule that would have imposed more regulations on producers of organically raised livestock and poultry. The department said it lacked the legal authority to enact

Published 14 Mar, 2018 12:00am

Israel passes law to limit cash deals to fight economic crimes

Israel's parliament passed a law that limits the amount of cash in the economy in an effort to fight against dirty money, economic crime and money laundering. Israel's government loses "billions of shekels in revenue every year" because of under-the-table

Published 14 Mar, 2018 12:00am

ING drops big pay hike plan for CEO after protests

Dutch top bank ING said Tuesday it has dropped a plan to massively hike its chief executive's pay package after protests from shareholders, the public and even the prime minister. "We realise we have underestimated the public response in the Netherlands o

Published 14 Mar, 2018 12:00am

Exchange

UAE offers $1.4 billion in aid to Sudan

The United Arab Emirates has offered $1.4 billion to Sudan's central bank to help Khartoum tackle an acute foreign exchange crisis, the official Sudanese news agency reported Tuesday. The Sudanese pound has weakened against the dollar in recent months on

Published 14 Mar, 2018 12:00am

German industry warns March is Brexit deadline for firms

German firms must begin planning for a worst-case "hard Brexit" that would slash trade between Britain and the EU if no deal is reached at an EU summit next week, a powerful industry body said Tuesday. The Federation of German Industry (BDI) urged British

Published 14 Mar, 2018 12:00am

Volkswagen boss 'convinced of diesel renaissance'

The chief executive of the world's largest carmaker Volkswagen said Tuesday he was convinced of a comeback for diesel motors, two-and-a-half years after the firm admitted to emissions cheating on a massive scale. "I don't only hope that diesel won't be ta

Published 14 Mar, 2018 12:00am

Gasoline, rents curb US consumer price gains

US consumer prices increased marginally in February amid a decline in gasoline prices and a moderation in the cost of rental accommodation, the latest indication that an anticipated pickup in inflation likely will be only gradual. Strong inflation numbers

Published 14 Mar, 2018 12:00am

Exchange

Hacked Japan crypto exchange refunds customers

Japan-based virtual currency exchange Coincheck said Tuesday it had refunded more than $440 million to customers following the hack of its systems, which was one of the largest thefts of its kind. The company said it used its own funds to reimburse about

Published 14 Mar, 2018 12:00am

EU banks to face bigger backstops for new bad loans

European Union banks will have to set aside more capital against new loans that could turn sour as of Wednesday, when the European Commission will publish a proposal on larger backstops for bad debt, a draft document showed. The European Commission docume

Published 14 Mar, 2018 12:00am

British economy facing Brexit-induced struggle

Britain's economy will face sluggish growth in the coming years on the back of Brexit fallout, finance minister Philip Hammond revealed Tuesday in a key budget update. Gross domestic product (GDP) is projected to grow 1.5 percent this year, Chancellor of

Published 14 Mar, 2018 12:00am

Bannu win overall trophy in U-23 Inter-District Female Games

Bannu claimed the overall trophy by securing eight golds, five silver and registered 115 points, followed by Lakki Marwat with five gold, eight silver medals by recording 106 points in the Khyber Pakhtunkhwa Bannu Region Under-23 Inter-District Female Gam

Published 14 Mar, 2018 12:00am

David Silva double takes Man City one step closer to title

David Silva scored two magnificent goals as Manchester City moved a step closer to their first Premier League title under Pep Guardiola with a comfortable 2-0 victory at struggling Stoke on Monday. After re-establishing a 16-point lead at the top of the t

Published 14 Mar, 2018 12:00am

Bangladesh want to create own 'brand' in T20s: Mahmudullah

Bangladesh skipper Mahmudullah said Tuesday the underdogs, fresh from upsetting Sri Lanka, plan to hone their "brand" of Twenty20 cricket against India in a key tri-series showdown. The visitors staged a 215-run chase to defeat hosts Sri Lanka in their se

Published 14 Mar, 2018 12:00am

Germany sack women's football coach

Germany have sacked national women's coach Steffi Jones after a string of poor performances in the SheBelieves Cup in the United States. The two-time world champions finished last at the meeting of the world's top women's teams with a single point from th

Published 14 Mar, 2018 12:00am

Injured Rumman ruled out for remaining PSL matches

Pacer Rumman Raees of the Islamabad United has been ruled out from the remaining HBL PSL-III tournament, said a PCB spokesman on Tuesday. Errol Alcott, the Islamabad United physio has been in discussion with the knee specialist who has reviewed Rumman at

Published 14 Mar, 2018 12:00am

Pakistan hockey team for C'wealth Games announced

Pakistan Hockey Federation (PHF) has announced an 18-member Pakistan hockey team to participate in the Commonwealth Games, to be held in Gold Coast, Australia from April 4 to 15. Mohammad Rizwan Senior has been named as Captain while Immad Shakeel Butt is

Published 14 Mar, 2018 12:00am

Football Leisure Leagues Season III: Sir Syed FC, Joga Bonito record victories

Syed Mohammad Hasan scored two goals to help Sir Syed Football Club record a 2-1 victory against FC Evolution during Leisure Leagues Season III matches here at Sixteen Star Football Ground. At Sixteen Star Ground, eight-team football league is being playe

Published 14 Mar, 2018 12:00am

FIFA delegation heads to Greece over football unrest

FIFA is sending officials to Greece to discuss football unrest, the sport's governing body said Tuesday, amid a gun controversy that prompted the indefinite suspension of the championship. FIFA director for Europe Bjorn Vassallo said a delegation would tr

Published 14 Mar, 2018 12:00am

Federer rolls into fourth round

World number one Roger Federer stepped up his bid for a sixth Indian Wells Masters title with a 6-2, 6-1 demolition of Filip Krajinovic on Monday. The 36-year-old marvel continues to defy the ageing process as he needed just 58 minutes to overpower the Se

Published 14 Mar, 2018 12:00am

Ufone Balochistan Football Cup kicks off

Balochistan's favourite brand Ufone is bringing back the second edition of the Balochistan Football Cup from Wednesday (today). The championship signifies the company's commitment in promoting sports and engaging the youth in healthy activities. This year

Published 14 Mar, 2018 12:00am

Venus knocks out Serena, Wozniacki marches on

Serena Williams' return to the WTA Tour came to an abrupt end Monday as she crashed out of Indian Wells with a 6-3, 6-4 loss to her sister Venus. Venus closed out the 29th career meeting between the two on her second match point as Serena sailed a forehan

Published 14 Mar, 2018 12:00am

Baghdad ends air blockade of Iraqi Kurdistan

Iraqi authorities said Tuesday they were lifting a nearly six-month air blockade imposed on Iraqi Kurdistan in response to its holding of an independence referendum. Federal authorities imposed the blockade in September after Iraqi Kurdistan voted overwhe

Published 14 Mar, 2018 12:00am

Netanyahu government reaches deal to avoid snap polls

Israel's government reached a deal on Tuesday to avoid snap elections after days of speculation over the motives of Prime Minister Benjamin Netanyahu, facing possible indictment for corruption. The deal comes after some coalition partners had accused Neta

Published 14 Mar, 2018 12:00am

Healthcare in US costs twice as much as other rich nations

The United States spends almost twice as much on healthcare as other rich nations, largely because everything from drugs to devices to doctors' pay simply costs more, researchers said Tuesday. The study by researchers at Harvard University and the London

Published 14 Mar, 2018 12:00am

London mosques get listed status celebrating Muslim heritage

Two London mosques were given special listed status Tuesday in recognition of their architectural and historic importance, in a move a government minister said celebrated "the rich heritage of Muslim communities in England". The London Central Mosque and

Published 14 Mar, 2018 12:00am

US gives Philippine air force first drones

The United States gave the Philippine air force its first surveillance drone system on Tuesday, as the two nations step up cooperation in the battle against jihadist militants. Washington has been boosting its backing for Philippine counter-terror efforts

Published 14 Mar, 2018 12:00am

Saudi cabinet approves national atomic policy

Saudi Arabia's cabinet on Tuesday approved the national policy of its atomic energy programme, state media said, as the kingdom prepares to award contracts for its first nuclear power plants. The policy insists on limiting nuclear activities to peaceful p

Published 14 Mar, 2018 12:00am

Refugee claims by Venezuelans surging: UN

Nearly 100,000 people who fled Venezuela have claimed refugee status since the start of 2017, the UN said Tuesday, as it ramped up response plans for a displacement crisis likely to worsen. The UN refugee agency said the number of Venezuelans who have sou

Published 14 Mar, 2018 12:00am

Nepal's first female president wins second term

Nepal's lawmakers Tuesday elected President Bidya Bhandari for a second term, extending the tenure of the Himalayan nation's first female head of state for another five years. Bhandari took nearly two-thirds of the vote to retain her position as ceremonia

Published 14 Mar, 2018 12:00am

Turkish forces 'surround' Syrian Kurdish city

Turkey said Tuesday its army and allied rebels had surrounded the Kurdish city of Afrin in northern Syria, raising the prospect of another devastating siege in the country's long conflict. Syria's war enters its eighth year this week with clashes raging o

Published 14 Mar, 2018 12:00am

May gets EU support, cautious backing from Trump, in showdown with Russia

Britain gave Russia until midnight on Tuesday to explain how a Soviet-era nerve agent was used against a former Russian double agent, and US President Donald Trump said he would condemn Russia if British evidence incriminated Moscow. Prime Minister Theres

Published 14 Mar, 2018 12:00am

Exchange

Shanghai aluminium slips to lowest since December 2016

Shanghai aluminium prices fell more than 2 percent on Tuesday, slipping below the 14,000 yuan ($2,213) a tonne mark for the first time since late 2016, just two days before winter output restrictions on Chinese smelters are due to be lifted. The most trad

Published 14 Mar, 2018 12:00am

Exchange

Aluminium supported as China seen sustaining supply cuts

Aluminium prices inched higher on Tuesday on speculation China may sustain supply cuts after winter production curbs expire in two days. Benchmark aluminium on the London Metal Exchange ended 0.6 percent higher at $2,103 per tonne, after touching a Dec. 1

Published 14 Mar, 2018 12:00am

Libya's Zawiya oil port loadings resume

Libya's Zawiya oil terminal returned to normal operations on Tuesday after workers who were blocking ships from docking agreed to end a one-day strike, two sources said. Zawiya exports crude from Libya's giant El Sharara oilfield, which produces 300,000 b

Published 14 Mar, 2018 12:00am

US crude falls one percent on concerns over rising output

Oil fell more than 1 percent on concerns over rising US production and as equities fell, erasing earlier gains driven in part by the firing of US Secretary of State Rex Tillerson. Brent crude futures dropped 31 cents, or 0.5 percent, to settle at $64.64 p

Published 14 Mar, 2018 12:00am

Exchange

Rubber erases early gains

Benchmark Tokyo rubber futures erased early gains to end slightly lower on Tuesday, weighed down by stock overhang in Japan that heightened worries over slack global demand. Tokyo Commodity Exchange (TOCOM) futures, which set the tone for rubber prices in

Published 14 Mar, 2018 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

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

Published 14 Mar, 2018 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

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

Published 14 Mar, 2018 12:00am

Vegetable Oil

Palm oil gains on stronger rival oils, improved demand

Malaysian palm oil futures rose on Tuesday evening, lifted by strength in rival edible oils and as demand expectations improved, traders said. "We're seeing a bit of bargain-buying ... Exports could improve as buyers rush to take advantage of Malaysia's t

Published 14 Mar, 2018 12:00am

Raw sugar at 8-1/2-month low, London cocoa off high

Raw sugar futures tumbled to an 8-1/2-month low on Tuesday, on chart-based selling after failing to rise above 13 cents per lb for the third straight session, while London cocoa turned lower after tapping a 13-month high. May raw sugar settled down 0.31 c

Published 14 Mar, 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
Petrol/Litre / Dec 4	252.10
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
Diesel/Litre / Dec 4	258.43

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 4 786 Investments Limited(786)	7.37 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 4 Al-Abbas Sugar Mills Limited(AABS)	627.86 ▼ 0.00 (0.00%)
Agro Allianz / Dec 4 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 4 Ali Asghar Textile Mills Limited(AATM)	68.40 ▼ 0.00 (0.00%)
Allied Bank / Dec 4 Allied Bank Limited(ABL)	150.94 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 4 Abbott Laboratories (Pakistan) Limited(ABOT)	1,123.10 ▼ 0.00 (0.00%)
Abson Ind. / Dec 4 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 4 Alfalah Consumer Index ETF.(ACIETF)	13.47 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 4 786 Investments Limited(786)	7.37 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 4 Al-Abbas Sugar Mills Limited(AABS)	627.86 ▲ 0.00 (0.00%)
Agro Allianz / Dec 4 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 4 Ali Asghar Textile Mills Limited(AATM)	68.40 ▲ 0.00 (0.00%)
Allied Bank / Dec 4 Allied Bank Limited(ABL)	150.94 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 4 Abbott Laboratories (Pakistan) Limited(ABOT)	1,123.10 ▲ 0.00 (0.00%)
Abson Ind. / Dec 4 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 4 Alfalah Consumer Index ETF.(ACIETF)	13.47 ▲ 0.00 (0.00%)

Stock	Volume
Cnergyico PK / Dec 4 Cnergyico PK Limited(CNERGY)	246,707,903 ▲ 0.00
WorldCall Telecom / Dec 4 Worldcall Telecom Limited(WTL)	89,419,070 ▲ 0.00
Hascol Petrol / Dec 4 Hascol Petroleum Limited(HASCOL)	87,024,698 ▲ 0.00
Pak Elektron / Dec 4 Pak Elektron Limited(PAEL)	67,806,935 ▲ 0.00
Sui South Gas / Dec 4 Sui Southern Gas Company Limited(SSGC)	61,811,720 ▲ 0.00
Power Cement / Dec 4 Power Cement Limited(POWER)	58,501,362 ▲ 0.00
K-Electric Ltd. / Dec 4 K-Electric Limited(KEL)	56,938,645 ▲ 0.00
Pak Int.Bulk / Dec 4 Pakistan International Bulk Terminal(PIBTL)	56,115,997 ▲ 0.00
Pak Refinery / Dec 4 Pakistan Refinery Limited(PRL)	55,870,990 ▲ 0.00

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