News Archives for Print - 2018-05-10

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Print - 2018-05-10

EFU TAKAFUL GROWTH FUND RATES

EFU Takaful Growth Fund Rates on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

Currency

Euro bounces off 2018 low in Europe

The euro slid to a new 2018 low on Wednesday before recovering slightly, as investors bet on dollar strength due to relatively higher interest rates, while the US exit from an Iran nuclear pact and political uncertainty in Italy were also factors. The sin

Published 10 May, 2018 12:00am

Currency

Dollar rises in Asia

The dollar rose to a six-day high against the yen on Wednesday as crude oil prices rallied and pushed Treasury yields higher after US President Donald Trump pulled out from an international nuclear deal with Iran. The greenback also gained on the euro as

Published 10 May, 2018 12:00am

UK watchdog signals action on 'rent-to-own' credit sector

Rent-to-own credit is "very expensive," and Britain's markets watchdog is looking at all options including a possible cap on the cost to stop consumers from being ripped off, a senior watchdog official said on Tuesday. The Financial Conduct Authority (FCA

Published 10 May, 2018 12:00am

TAP Air Portugal profits take off after years in the red

Portugal's flagship TAP Air carrier returned to profit in 2017 after years in the red that had investors wondering whether it could even survive, results published on the group's website showed. The company, which had lost 27.7 million euros ($33 million)

Published 10 May, 2018 12:00am

Thailand investment applications more than triple in Q1

Thailand's private investment applications in January-March more than tripled from a year earlier to $6.39 billion, mainly for projects in the country's industrial east, the investment promotion agency said on Wednesday. That is good news for Southeast As

Published 10 May, 2018 12:00am

Emirates facing cabin crew shortages

Emirates is facing a cabin crew shortage and is struggling to fully staff some flights after a spate of resignations and other workforce constraints, several employees told Reuters. Seven Emirates employees said the airline was operating flights with fewe

Published 10 May, 2018 12:00am

Germany eyes lower taxes, digitalisation investment

Germany will use higher-than-expected tax revenues to boost investment in digitalisation this year and lower the tax burden for workers on small and medium incomes next year, Finance Minister Olaf Scholz said on Wednesday. Presenting updated tax estimates

Published 10 May, 2018 12:00am

Canada newspaper La Presse to become a non-profit

The Montreal daily La Presse, after ending its 134 year-old print edition and going digital, said on Tuesday it will become a non-profit entity reliant on donations and government support. In doing so, the country's leading French-language newspaper decla

Published 10 May, 2018 12:00am

Taiwan's exports post double-digit growth, but pace may slow

Taiwan's exports expanded at a double-digit pace in April, underpinned by continuing demand for the island's technology exports even as concerns over global trade protectionism linger. April exports rose 10.0 percent from a year earlier, finance ministry

Published 10 May, 2018 12:00am

Deutsche Post under fire for penalising sick days

Germany's Deutsche Post faced criticism Monday for penalising short-term employees who call in sick too often, with Finance Minister Olaf Scholz urging the logistics giant to change the practice. The controversy comes after Deutsche Post admitted on Sunda

Published 10 May, 2018 12:00am

Chemicals to combat caterpillars help Ivory Coast cocoa mid-crop

Successes in the battle to reduce plant-eating caterpillars gave a boost to Ivory Coast's April-to-September cocoa mid-crop last week, though a lack of rain tempered optimism, farmers said. In the coastal region of San Pedro, farmers said they received ch

Published 10 May, 2018 12:00am

Cotton

Lean business on cotton market

Small business was seen on the cotton market on Wednesday as most of the spinners kept on the sidelines due to non-availability of fine quality, dealers said. The official spot rate was down by Rs 100 to Rs 7500, they added. In the ready session 1200 bale

Published 10 May, 2018 12:00am

Activities at Karachi and Qasim Ports

The Karachi Port handled 168,943 tonnes of cargo comprising 136,999 tonnes of import cargo and 31,944 tonnes of export cargo including 4,096 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday. The total import cargo of

Published 10 May, 2018 12:00am

China's steel raw materials extend gains on restocking bets

Steelmaking raw materials in China climbed for a second consecutive session on Tuesday, as investors continued to bet on re-stocking demand at mills, robust downstream demand and rising steel production. "Supported by China's steel demand recovery, China'

Published 10 May, 2018 12:00am

CBOT corn futures firmer

Chicago Board of Trade corn futures firmed Tuesday on technical buying and worries about planting delays in portions of the northern Midwest, traders said. CBOT July corn settled up 2-1/2 cents at $4.03-1/4 per bushel, turning higher after dipping below t

Published 10 May, 2018 12:00am

European wheat prices rise to seven-month high

European wheat prices retouched their highest levels in around seven months on Tuesday, as a weaker euro boosted export prospects. A public holiday in France meant many market participants were absent.

Published 10 May, 2018 12:00am

CBOT wheat futures higher

Chicago Board of Trade wheat futures closed higher Tuesday on technical buying and short-covering after the benchmark July contract dipped to one-week low, traders said. CBOT July soft red winter wheat settled up 3 cents at $5.14-1/2 bushel after dipping

Published 10 May, 2018 12:00am

Cotton

PMEX daily trading report

On Tuesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,453. The traded value of Metals, Energy and COTS/FX was recorded at 7.984 billion and the number of lots traded was 14,401.

Published 10 May, 2018 12:00am

Aaj TV - Thursday's schedule

All timings are in PST (Pakistan Standard Time).

Published 10 May, 2018 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 10 May, 2018 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 10 May, 2018 12:00am

Currency

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 10 May, 2018 12:00am

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 10 May, 2018 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (May 09, 2018).

Published 10 May, 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 Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

Libor

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Wednesday (May 09, 2018).

Published 10 May, 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 Wednesday (May 09, 2018).

Published 10 May, 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 Wednesday (May 09, 2018).

Published 10 May, 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 Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

Currency

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

Currency

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 10 May, 2018 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

JLI YAQEEN GROWTH FUND RATES

JLI Yaqeen Growth Fund Rates on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

JLI YAQEEN GROWTH FUND RATES

JLI Yaqeen Growth Fund Rates on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

JLI YAQEEN GROWTH FUND RATES

JLI Yaqeen Growth Fund Rates on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

JLI CAPITAL GROWTH TAKAFUL FUND

JLI Capital Growth Takaful Fund Rates on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

JLI CAPITAL GROWTH TAKAFUL FUND

JLI Capital Growth Takaful Fund Rates on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

JLI CAPITAL GROWTH TAKAFUL FUND

JLI Capital Growth Takaful Fund Rates on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

EFU GUARANTEED GROWTH FUND RATES

EFU Guaranteed Growth Fund Rates on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

EFU GUARANTEED GROWTH FUND RATES

EFU Guaranteed Growth Fund Rates on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

EFU GUARANTEED GROWTH FUND RATES

EFU Guaranteed Growth Fund Rates on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

EFU AGGRESSIVE FUND RATES

EFU Aggressive Fund Rates on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

EFU AGGRESSIVE FUND RATES

EFU Aggressive Fund Rates on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

EFU AGGRESSIVE FUND RATES

EFU Aggressive Fund Rates on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

Thar coal-based power project: PPIB board grants extension in financial closing dates

The Board of Private Power Infrastructure Board (PPIB), headed by Minister for Power Awais Ahmad Khan Leghari, granted extension in financial closing dates of 1320MW Thar coal-based power project at Thar Block-I and 700MW Azad Pattan hydropower project. T

Published 10 May, 2018 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

Renowned international universities, top colleges offer scholarships to students

The renowned international universities and top colleges have offered scholarships to Pakistani students for session 2018-19, providing young students a unique opportunity to seek high level education of global standards on the basis of their outstanding

Published 10 May, 2018 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

Earthquake jolts Islamabad, KP and Lahore

Another earthquake measuring 6.4 magnitude jolted Islamabad, Faisalabad, Dir, Chitral, Hingo, Swat, Abbottabad and Lahore as well as other cities on Wednesday afternoon. An earthquake of 5.5 magnitudes on Richter scale hit northern parts of Pakistan inclu

Published 10 May, 2018 12:00am

Currency

THE RUPEE: modest recovery

The rupee managed to recover modestly against the dollar on the money market on Wednesday in the process of trading, dealers said. The rupee was unchanged in relation to the dollar for buying and selling at Rs 115.61 and Rs 115.62, they said.

Published 10 May, 2018 12:00am

Earthquake jolts Islamabad, KP and Lahore

Published 10 May, 2018 12:00am

Currency

THE RUPEE: modest recovery

Published 10 May, 2018 12:00am

Saudi air defences intercept two missiles over Riyadh

Saudi Arabia's air defences intercepted two ballistic missiles over the capital Riyadh on Wednesday, state television said, the latest in a series of attacks claimed by rebels in neighbouring Yemen. Two explosions were heard in the city, according to an A

Published 10 May, 2018 12:00am

Kerb

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

Saudi air defences intercept two missiles over Riyadh

Published 10 May, 2018 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

CJP orders constitution of JC to probe APS carnage

Chief Justice of Pakistan, Saqib Nisar on Wednesday ordered constitution of a judicial commission to probe carnage in Army Public School Peshawar on December 16, 2014 where over 100 students were killed by terrorists. The Chief Justice while hearing APS c

Published 10 May, 2018 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

CJP orders constitution of JC to probe APS carnage

Published 10 May, 2018 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

Thar coal-based power project: PPIB board grants extension in financial closing dates

Published 10 May, 2018 12:00am

Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (May 09, 2018).

Published 10 May, 2018 12:00am

LME official prices

The following were Tuesday official prices.

Published 10 May, 2018 12:00am

Trump's folly

As widely anticipated, US President Donald Trump has withdrawn from the Iran nuclear deal and threatened the reimposition of sanctions that were incrementally eased under the accord, and even fresh sanctions. He optimistically argues for a better agreemen

Published 10 May, 2018 12:00am

Income tax rates

The Senate Standing Committee on Finance has suggested an increase in the income tax rates that, as per the Federal Board of Revenue (FBR), would generate an additional 20 billion rupees. This proposal is fully supported by Business Recorder as the

Published 10 May, 2018 12:00am

Mahathir wins shock election victory, toppling 61-year-old regime

Malaysia's veteran ex-leader Mahathir Mohamad, 92, won a shock election victory Thursday, in a political earthquake that toppled the country's scandal-plagued premier and ousted a regime that has ruled for over six decades. It was a stunning triumph that

Published 10 May, 2018 12:00am

Mahathir wins shock election victory, toppling 61-year-old regime

Published 10 May, 2018 12:00am

The Weather

The weather report on Wednesday (May 09, 2018) and the forecast for Thursday (May 10, 2018).

Published 10 May, 2018 12:00am

SC asks government, Ogra to justify POL price hike

The Supreme Court Wednesday issued notices to the federal government, the Oil and Gas Regulatory Authority (Ogra) and other stakeholders to file statement showing the justification of fixation of petrol and gas prices. A three-judge bench, headed by Chief

Published 10 May, 2018 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 13	281.73
USD PKR Interbank Buying / May 13	281.53
USD to Japanese Yen / May 13	147.90
USD to Swiss Franc / May 13	0.84
Pound Sterling to USD / May 13	1.32
Euro to USD / May 13	1.11
UK LIBOR % / May 12	4.96

Stock	Volume
S&P 500 / May 12	5,844.19
Nasdaq / May 12	18,708.34
Dow Jones / May 12	42,410.10
India Sensex / May 13	81,726.97
Tokyo Nikkei / May 13	38,305.85
Hang Seng / May 13	23,188.20
FTSE 100 / May 13	8,606.55
Germany DAX 30 / May 13	23,595.02
France CAC40 / May 13	7,859.80

Item	Value
Karachi Cotton PKR/37.32 KG / May 12	16,985
Gold 10 Grams PKR / May 12	291,923
Crude Oil USD/Barrel / May 13	61.90
Gold Spot USD/Ounce / May 13	3,253.26
Cotton US¢/pound / May 13	66.85
Petrol/Litre / May 14	252.63
Diesel/Litre / May 14	256.64

Gainers
Losers
Leaders

Stock	Price
Grays Leasing / May 13 Grays Leasing Limited(GRYL)	4.51 ▲ 0.72 (19%)
TPL Trakker Ltd / May 13 TPL Trakker Limited(TPLT)	6.59 ▲ 1 (17.89%)
Al-Shaheer Corp / May 13 Al Shaheer Corporation Limited(ASC)	6.88 ▲ 1 (17.01%)
B. F. Mod. / May 13 B.F. Modaraba(BFMOD)	8.34 ▲ 1 (13.62%)
Burj Clean Energy Modaraba / May 13 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.11 ▲ 1 (12.33%)
Mahanna Islamic Index / May 13 Mahanna Islamic Index Traded Fund(MIIETF)	15.47 ▲ 1.65 (11.94%)
Haseeb Waqas / May 13 Haseeb Waqas Sugar Mills Limited(HWQS)	9.59 ▲ 1 (11.64%)
Gulshan Sp. / May 13 Gulshan Spinning Mills Limited(GSPM)	3.40 ▲ 0.35 (11.48%)
Ghazi Fabrics / May 13 Ghazi Fabrics International Limited(GFIL)	10.17 ▲ 1 (10.91%)
PIA Holding Co.Ltd / May 13 PIA Holding Company Limited(PIAHCLA)	14.80 ▲ 1.35 (10.04%)

Stock	Price
Power Cem(Pref) / May 13 Power Cement (Pref)(POWERPS)	15.35 ▼ -1.71 (-10.02%)
Bilal Fibres / May 13 Bilal Fibres Limited(BILF)	19.59 ▼ -2.18 (-10.01%)
TPL Life Insur. / May 13 TPL Life Insurance Limited(TPLL)	46.80 ▼ -5.2 (-10%)
Din Tex. / May 13 Din Textile Mills Limited(DINT)	45 ▼ -4.99 (-9.98%)
Mughal Energy / May 13 Mughal Energy Limited(GEM)(GEMMEL)	19.90 ▼ -2.12 (-9.63%)
Suhail Jute / May 13 Suhail Jute Mills Limited(SUHJ)	78.36 ▼ -8.24 (-9.52%)
First Punjab Modaraba / May 13 First Punjab Modaraba(FPJM)	2.77 ▼ -0.28 (-9.18%)
Parmount Sp. / May 13 Paramount Spinning Mills Limited(PASM)	3.36 ▼ -0.31 (-8.45%)
First AL-Noor Mod. / May 13 First Al-Noor Modaraba(FANM)	2.95 ▼ -0.25 (-7.81%)
First IBL Mod. / May 13 First IBL Modaraba(FIBLM)	3 ▼ -0.24 (-7.41%)

Stock	Volume
WorldCall Telecom / May 13 Worldcall Telecom Limited(WTL)	41,734,903 ▼ -0.06
Maple Leaf Cement / May 13 Maple Leaf Cement Factory Limited(MLCF)	41,052,877 ▲ 6.27
Sui South Gas / May 13 Sui Southern Gas Company Limited(SSGC)	35,773,773 ▲ 2.33
Oil & Gas Dev. / May 13 Oil & Gas Development Company Limited(OGDC)	30,912,153 ▲ 15.65
B.O.Punjab / May 13 The Bank of Punjab(BOP)	24,175,098 ▼ -0.16
Cnergyico PK / May 13 Cnergyico PK Limited(CNERGY)	24,174,880 ▼ -0.09
K-Electric Ltd. / May 13 K-Electric Limited(KEL)	23,803,446 ▼ -0.22
At-Tahur Ltd. / May 13 At-Tahur Limited(PREMA)	21,754,749 ▼ -3.25
Fauji Cement / May 13 Fauji Cement Company Limited(FCCL)	20,681,855 ▲ 1.82
D.G.K.Cement / May 13 D.G. Khan Cement Company Limited(DGKC)	19,785,523 ▲ 10.35

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