News Archives for Print - 2018-05-18

Print - 2018-05-18

Currency

Brazil keeps interest rate at 6.5 percent in surprise move

Brazil's Central Bank ended a run of 12 consecutive interest rate cuts, maintaining the key Selic rate at 6.5 percent Wednesday in a decision that surprised the market.

Published 18 May, 2018 12:00am

SU, NVTTC sign MoU under PYDP

As a consequence of continued reform endeavour of SU VC Professor Dr Fateh Muhammad Burfat, a significant new development has emerged at the varsity. The SU has signed Memorandum of Understanding with National Vocational and Technical Training Commission

Published 18 May, 2018 12:00am

JI chief urges Muslim Ummah to end their differences

Addressing a large crowd protesting against Israel's brutalities on the Palestinians outside the Lahore Press Club, here on Thursday, Chief of Jamaat-e-Islami, Senator Sirajul Haq, has said that the Muslim Ummah must come up with a clear road map for Pale

Published 18 May, 2018 12:00am

SWC directs rehabilitation of water filtration, sewerage treatment plants in Hyderabad

Sindh Water Commission (SWC) on Thursday took up the issues related to water filtration and sewerage treatment plants in Hyderabad and issued directives for their rehabilitation and completion to provide relief to the citizens of the city.

Published 18 May, 2018 12:00am

Currency

100,000MTs target set for current season: mango to be exported to China through CPEC route

The export of mango from Pakistan would commence from 20th May 2018 and the export target of mango has been set as 100,000 metric tons for the current season of mango.

Published 18 May, 2018 12:00am

SBP renews status of JCR-VIS, PACRA as eligible ECAIs

State Bank of Pakistan has renewed the status of both credit rating agencies operating in Pakistan namely "JCR-VIS Credit Rating Company Limited (JCR-VIS)" and "The Pakistan Credit Rating Agency Limited (PACRA)" as eligible/ recognized External Credit Ass

Published 18 May, 2018 12:00am

Shaheen Airline wins award

In line with its commitment of facilitating passengers, the second national carrier of Pakistan - Shaheen Air International (SAI) has been awarded the 'Best Airline' for providing dedicated services during Hajj 2017. The award was granted to the Chairman

Published 18 May, 2018 12:00am

Khunjrab-Gilgit: basic infrastructure required for WeBoc system: PBIF chief

President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain has said introducing WeBoc system of custom clearance by the FBR on the Sust boarder with China without availability of basic requirements in Khunjrab-Gilgit including elect

Published 18 May, 2018 12:00am

Customs value of Linear Alkyl Benzene Sulphonic Acid revised

Directorate General Customs Valuation (DGCV) has revised the customs values of Linear Alkyl Benzene Sulphonic Acid (Soft & Hard type) under section 25 (7) of the Customs Act, 1969.

Published 18 May, 2018 12:00am

Caretaker PM's name to be announced soon: Saeed Ghani

Pakistan Peoples Party leader Saeed Ghani on Thursday remarked that there are no differences pertaining to the name of the caretaker prime minister, adding that a decision over the matter will be announced soon. Constitution clearly states the mechanism o

Published 18 May, 2018 12:00am

PPP government criticised for its failed education policy

PTI's lady legislator, Dr Seema Zia on Friday slammed the PPP government for raising an 'ignorant' Sindhi nation with six million children out of schools across the province, despite billions of budgetary spending.

Published 18 May, 2018 12:00am

LLB programme: exams forms schedule announced

The Controller of Examinations (Semester), University of Sindh, Jamshoro has issued the schedule of submission of forms for eligible candidates of 5-year LLB (Hons) Program Part-I, II, III, IV and V (Fresh and Failure candidates) at all SU affiliated publ

Published 18 May, 2018 12:00am

Partly Facetious : Nawaz may not be an author...

"Chairman National Accountability Bureau (NAB) Javed Iqbal did not attend the summons of the National Assembly Standing Committee on Law and Justice due to what he claimed was a prior engagement and the meeting was rescheduled for 22 May."

Published 18 May, 2018 12:00am

Shahbaz pays tributes to Colonel Sohail Abid

Punjab Chief Minister Muhammad Shehbaz Sharif has paid rich tributes to the bravery and courage of Colonel Sohail Abid who was martyred during an operation against terrorists by the security forces in Kuli Almas area of Balochistan. He also prayed for ear

Published 18 May, 2018 12:00am

Quetta Church blast: SC directs government to pay compensation to aggrieved families

The Supreme Court on Thursday directed the federal government to pay the amount which it had committed for the compensation of the families of those who had been killed and got injured in Quetta church blast. A two-member bench comprising Justice Umar Att

Published 18 May, 2018 12:00am

Rickshaw distribution ceremony held at Governor House

A rickshaw distribution ceremony was held at Governor House Peshawar which was attended by Iqbal Zafar Jahgra - Governor KPK, Saeed Ahmad, President National Bank of Pakistan, Principal Secretary to Governor, Saima Rahim, Regional Head, Islamic Banking NB

Published 18 May, 2018 12:00am

Documents filed by LLP to be preserved by SECP

The documents filed by the Limited Liability Partnership (LLP) through e-service will be preserved permanently by the Securities and Exchange Commission of Pakistan (SECP). According to the Liability Partnership Regulations, 2018 issued by the SECP here o

Published 18 May, 2018 12:00am

Currency

Money laundering and financing of terrorism: SECP frames regulations for reporting financial entities

Securities and Exchange Commission of Pakistan (SECP) has framed comprehensive regulations for the reporting financial entities in the context of combating money laundering and financing of terrorism, including customer due diligence and ancillary record

Published 18 May, 2018 12:00am

Ahsan lauds role of LEAs in fighting terrorism

On the occasion of his first public appearance after escaping the assassination attempt, Interior Minister Ahsan Iqbal has said those who are spreading narrative of hatred among people are enemies of the country. Addressing the passing-out parade ceremony

Published 18 May, 2018 12:00am

Ogra chief vows to protect rights of all stakeholders

Oil and Gas Regulatory Authority (Ogra) is determined to protect the rights of all stakeholders in accordance with the law and in the best interest of public, said Uzma Adil Khan, Chairperson Ogra while chaired public hearings organized by the Ogra at Pes

Published 18 May, 2018 12:00am

Pakistan slams Israel's acts of brutalities in Palestine

Pakistan has expressed solidarity with Palestinians and deplored the failure of the UN Security Council to condemn the deadly violence by Israeli troops in Gaza against the Palestinians protesting the US embassy move to Jerusalem.

Published 18 May, 2018 12:00am

Regional security, stability: Pakistan, China to strengthen partnership through SCO

Pakistan and China will strengthen their cooperative partnership for maintaining regional security and stability, through the platform of Shanghai Cooperation Organization (SCO). The two countries, along with other members states will make joint efforts t

Published 18 May, 2018 12:00am

Punjab investors' handbook launched

The Punjab government has launched the "Specialized Investment Vehicle" and "Punjab Investors Handbook 2018" to highlight the reforms agenda meant for investor friendly environment in Punjab. The Investment Climate Reform Unit (ICRU), Planning & Developme

Published 18 May, 2018 12:00am

Colonel Sohail laid to rest with full military honours

Colonel Sohail Abid of Military Intelligence (MI), who was martyred during intense exchange of fire with militants during an intelligence-based operation (IBO) in Killi Almas area of Balochistan, has been laid to rest with full military honour on Thursday

Published 18 May, 2018 12:00am

Siraj grieved over Colonel Abid's martyrdom

JI chief Senator Sirjaul Haq has expressed deep grief over the martyrdom of Military Intelligence's Colonel Suhail Abid in a clash with terrorists. In a condolence message, he said that Colonel Suhail Abid had done his duty at the cost of his life and the

Published 18 May, 2018 12:00am

PFA shuts down 21 food outlets

The Punjab Food Authority (PFA) on Thursday shut down 21 food points during its special checking of Sehri points and Ramazan bazaars throughout the province.

Published 18 May, 2018 12:00am

Acting president: IHC issues notices in petition against appointment

The Islamabad High Court (IHC) on Thursday admitted for regular hearing a petition filed against the appointment of Chairman Senate Sadiq Sanjrani as acting president in the absence of President Mamnoon Hussain. A single bench of IHC comprising Justice Aa

Published 18 May, 2018 12:00am

PDA team meets finance minister

Minister of Finance Miftah Ismail recently met with the senior officials of Engro Foods as a part of the Pakistan dairy association delegation. The meeting was led by the Chairman Pakistan Dairy Association. Yawar Ali, and Engro Foods was represented by t

Published 18 May, 2018 12:00am

Cotton

Cotton growers advised to complete sowing by May 31

The Punjab Agriculture Department (PAD) has once again advised the cotton growers to complete their sowing by May 31, throughout the province. In an advisory issued here on Thursday, PAD spokesman said that the department was making all out efforts to ach

Published 18 May, 2018 12:00am

WCLA's HCB meeting held

The 5th meeting of Heritage Conservation Board (HCB) of Walled City of Lahore Authority (WCLA) was held here on Thursday at the head office of WCLA. The meeting was chaired by the chairman of HCB Mian Yousaf Sallah uddin. The agenda discussed in the board

Published 18 May, 2018 12:00am

Descon conducts biannual CEO communications sessions

Descon Engineering, a premier EPC company in Pakistan conducted their biannual CEO communications sessions to further their foundation of trust and open communication. These sessions were carried out across all Descon operations in Pakistan and overseas.

Published 18 May, 2018 12:00am

Miftah lauds role of Engro Foods in different successful projects

Engro Foods Limited is a key player in Pakistan Dairy industry. It has contributed substantially to the economy and proven its commitment to Pakistan, through various initiatives, from training the dairy farmers to uplift their livelihoods to attract a ma

Published 18 May, 2018 12:00am

Fiscal 2017-2018: Punjab's Rs 85.6 billion supplementary budget approved

The Punjab Assembly on Thursday passed a supplementary budget of Rs 85.6 billion for fiscal year 2017-2018. The supplementary budget contained 40 demands for grants. The demands were for land revenue, provincial excise, industries, general administration,

Published 18 May, 2018 12:00am

Federal budget discussed at ACCA's session

ACCA Pakistan hosted an expert discussion on "The Budget 2018-19: Challenges and Opportunities for Economic Reforms" which was aimed at keeping professionals up-to-date with the relevant changes that were being made to the Finance Act through the Budget 2

Published 18 May, 2018 12:00am

LCCI appeals to facilitate masses during Ramazan

The Lahore Chamber of Commerce and Industry has appealed to the business community to facilitate the masses and ensure provision of daily use items on discounted rates during Ramazan. LCCI Acting President Khawaja Khawar Rashid and Vice President Zeshan K

Published 18 May, 2018 12:00am

Cotton

Punjab University scientists attend training programme in Turkey

A three member team of scientists headed by Punjab University Centre of Excellence in Molecular Biology's Director Professor Dr Tayyab Husnain including Professor Dr Idrees Ahmad Nasir and Dr Abdul Qayyum Rao has participated in a training programme as ex

Published 18 May, 2018 12:00am

Lesco suspends industry's power supply from 4pm to 4am

The Lahore Electric Supply Company (LESCO) started the holy month of Ramadan with suspension of power supply from 4pm to 4am to the industrial sector in order to accommodate domestic consumers during Iftar and Sehr hours. Chief Executive Officer LESCO Muj

Published 18 May, 2018 12:00am

PIAF rejects prolonged power cuts

The Pakistan Industrial and Traders Association Front (PIAF) has rejected the government's decision of 10-hour a day load shedding during Ramazan and said the decision would destroy the entire industrial sector. Speaking at a meeting of industrialists' de

Published 18 May, 2018 12:00am

Shahbaz for stabilising prices of essential food items

Punjab Chief Minister Muhammad Shahbaz Sharif has directed that provision of essential food items to the people should be ensured at every cost during the holy month of Ramadan. Effective measures should be continuously carried out to stabilize the prices

Published 18 May, 2018 12:00am

EPA submits trees plantation's report in LHC

The Lahore High Court on Thursday disposed of petitions for plantation of trees in Lahore after the Environmental Protection Agency (EPA) Punjab submitted a verification report regarding plantation of 27,510 trees by the Parks and Horticulture Authority (

Published 18 May, 2018 12:00am

Palestine Solidarity Day today

Provincial Minister HR&MA Khalil Tahir Sandhu has said the entire nation will observe 18th May (Friday) as "Palestine Solidarity Day" with full zeal. He said that "Youm-e-Yakjehti-e-Palestine" (Palestine Solidarity Day) aims at demonstrating complete soli

Published 18 May, 2018 12:00am

Currency

'Engro to actively participate in renewable' an interview with Ghias Khan, President & CEO Engro Corporation

Ghias Khan is the 4th President and Chief Executive Officer of Engro Corporation. He joined the Board of Engro Corporation in 2015. Most recently, Khan was the Executive Director of Dawood Hercules, one of the largest holding companies in the country. At

Published 18 May, 2018 12:00am

Currency

'Engro to actively participate in renewable' an interview with Ghias Khan, President & CEO Engro Corporation

Published 18 May, 2018 12:00am

Bacha Khan University attack: SC stays death sentence of mastermind

The Supreme Court on Thursday stayed the death sentence of Akbar Ali, mastermind of Bacha Khan University terrorist attack, after accepting his appeal for regular hearing. A three-member bench comprising Justice Sheikh Azmat Saeed, Justice Faisal Arab and

Published 18 May, 2018 12:00am

Former student leader seeks PPP ticket

Former student activist of PPP Mutabar Khan Uthmankhel submits application for party ticket from NA-8, Malakand with the Central Secretariat.

Published 18 May, 2018 12:00am

Trump rages at 'witch hunt' as Mueller probe turns one

Donald Trump fumed at a "witch hunt" investigation into his campaign's dealings with Russia Thursday, as special counsel Robert Mueller's secretive probe entered its second year. "Congratulations America, we are now into the second year of the greatest Wi

Published 18 May, 2018 12:00am

Trump discloses payment to attorney who paid off porn star

President Donald Trump has formally disclosed that he reimbursed his personal attorney more than $100,000 last year, apparently in connection with the payment of hush money to a porn star, government records show. The disclosure caps a series of contradic

Published 18 May, 2018 12:00am

Whitney Houston abused as child

A new documentary about the life of Whitney Houston claims that the tragic singer was sexually abused as a child by her cousin, soul musician Dee Dee Warwick. The revelation in "Whitney", which was made with the co-operation of the singer's family, comes

Published 18 May, 2018 12:00am

Births plunge to record lows in United States

Births in the United States have plunged to record lows not seen in decades, marking a profound cultural shift that could have ramifications for the future economy, experts said Thursday. The overall fertility rate, which essentially shows how many babies

Published 18 May, 2018 12:00am

Qatar emir thanks Iran for support in Gulf crisis

Qatar's ruler on Thursday personally thanked Iran's President Hassan Rouhani for his country's support during an almost year-long Gulf crisis, which has seen the emirate cut adrift by neighbouring former allies. In a telephone conversation, Sheikh Tamim b

Published 18 May, 2018 12:00am

Fox News names new CEO

Fox News on Thursday named longtime executive Suzanne Scott as chief executive of the cable news channel which is a favorite of conservatives and President Donald Trump. Scott had served as the president of programming for both Fox News Channel and Fox Bu

Published 18 May, 2018 12:00am

At least one dead in southern Iran protest

At least one person was killed in Iran's southern city of Kazeroon when protesters set fire to a police station, the semi-official Fars news agency reported on Thursday. It said the protest on Wednesday night had left at least one person dead and at least

Published 18 May, 2018 12:00am

New Catalan leader sworn in, shuns constitution

Quim Torra, Catalonia's new separatist leader, was sworn in Thursday during a brief ceremony without central government representatives in which he avoided promising to obey the constitution and pledged instead to follow "the will of the Catalan people".

Published 18 May, 2018 12:00am

North Korea refuses to hold talks with South until ties improve

North Korea said Thursday it will not hold talks with Seoul under the current diplomatic situation, calling South Korean officials "ignorant and incompetent" a day after the hermit state abruptly cancelled planned inter-Korean discussions. A high-level me

Published 18 May, 2018 12:00am

AL demands international probe into Israeli 'crimes'

The Arab League called Thursday for an international probe into alleged crimes by Israeli forces against Palestinians following mass protests on the Gaza border that saw dozens of demonstrators killed. Tens of thousands have protested along Gaza's border

Published 18 May, 2018 12:00am

Meghan Markle's father to miss royal wedding

Meghan Markle confirmed Thursday that her father will not be present to walk her down the aisle when she marries Prince Harry, in a late announcement hinting at disarray behind Britain's meticulously planned royal wedding. "Sadly, my father will not be at

Published 18 May, 2018 12:00am

Chinese private firm launches first space rocket

A suborbital rocket was launched into space Thursday by a start-up in China's burgeoning commercial aeronautics industry, as private firms snap at the heels of their dominant American rivals. OneSpace, the Beijing-based company behind the launch, is one o

Published 18 May, 2018 12:00am

Currency

US MIDDAY: gold flat

Gold was flat after sliding to a fresh 2018 low on Thursday as another rise in US bond yields and concerns over political risk in Italy held the dollar index near its 2018 peak. The precious metal has fallen more than 2 percent this week on gains in the U

Published 18 May, 2018 12:00am

US MIDDAY: wheat futures rise

US wheat futures rallied on Thursday, their third straight day of gains, on worries that adverse weather will lead to crop shortfalls in key growing areas around the world, traders said. Corn and soyabean futures were close to unchanged as traders assesse

Published 18 May, 2018 12:00am

Currency

Gold slides to 2018 low in Europe

Gold slid to a fresh low for the year on Thursday as another rise in US bond yields and concerns over political risk in Italy held the dollar index near its 2018 peak. The precious metal has fallen more than 2 percent this week on gains in the US currency

Published 18 May, 2018 12:00am

Gold eases in Asia

Gold prices erased early gains on Thursday and edged closer to a five-month low, hit in the previous session, as the dollar pared losses against major rivals and traded within sight of its 2018-peak. Spot gold fell 0.1 percent to $1,288.65 per ounce by 07

Published 18 May, 2018 12:00am

Gold rebounds in New York

Gold prices rebounded from a 4-1/2-month low on Wednesday on short-covering as the US dollar came off its 2018 highs and US bond yields sat near multi-year peaks. Spot gold was 0.2 percent higher at $1,292.19 by 1:39 pm ET (1739 GMT), having gone as low a

Published 18 May, 2018 12:00am

Raw sugar hits highest in almost two weeks, robusta coffee up

Raw sugar futures rose to their highest level in almost two weeks on Thursday, boosted by fund short-covering and potential further downward revisions to Brazil's production prospects. July raw sugar was up 0.05 cents, or 0.4 percent, at 11.66 cents per l

Published 18 May, 2018 12:00am

Vegetable Oil

Palm oil up on bargain-hunting, weaker ringgit

Malaysian palm oil futures recovered from a one-week low on Thursday and ended trading higher on the back of bargain-buying and a weaker ringgit , its currency of trade. Gains in the Chicago Board of Trade soyaoil also lent support to the market, said tra

Published 18 May, 2018 12:00am

Vegetable Oil

Rotterdam vegetable oil at prices

The following were Thursday's Rotterdam vegetable oil at prices 1600 GMT:

Published 18 May, 2018 12:00am

Vegetable Oil

Rotterdam vegetable oil at prices

The following were Thursday's Rotterdam vegetable oil at prices 1600 GMT:

Published 18 May, 2018 12:00am

Tokyo rubber rises further

Benchmark Tokyo rubber futures edged higher on Thursday and posted their second straight session of gains, tracking Shanghai rubber. "It was just normal fluctuation. On the fundamentals side, prices are still under pressure as inventories remain high," sa

Published 18 May, 2018 12:00am

Aluminium falls on inventory rise, Rusal uncertainty

Aluminium prices slipped on Thursday after inventories increased, showing availability of supplies that could fill a gap if US sanctions on Rusal are not lifted. On-warrant aluminium stocks in warehouses certified by the London Metal Exchange - inventorie

Published 18 May, 2018 12:00am

Shanghai metals surge

The most-traded July copper contract on the Shanghai Futures Exchange closed up 0.2 percent at 51,050 yuan ($8,023) a tonne on Thursday as the US dollar hovered near a five-month high against the euro and amid worries over slower demand in top copper user

Published 18 May, 2018 12:00am

India raises Iran oil imports in April to highest since October 2016

India's oil imports from Iran surged to 640,000 barrels per day (bpd) in April, its highest level since October 2016, according to data from shipping and industry sources, as refiners raised purchases ahead of looming US sanctions against Tehran. Overall,

Published 18 May, 2018 12:00am

US labour market tightening; mid-Atlantic factory activity picks up

New applications for US jobless benefits increased more than expected last week, but the number of Americans on unemployment rolls fell to its lowest level since 1973, pointing to diminishing labour market slack.

Published 18 May, 2018 12:00am

Australia restricts live sheep exports after shocking treatment

Horrific footage of dead and dying sheep on ships bound for the Middle East has prompted sweeping reforms to Australia's live export trade, but Canberra stopped short of an outright ban Thursday. Video images taken last year showed heat-stricken sheep cra

Published 18 May, 2018 12:00am

Walmart profits take hit, but earnings rise as online grows

US retail giant Wal-Mart saw quarterly profits take a hit but earnings beat analysts' expectations and total sales rose amid the growth of online sales, according to results released Thursday. Net income was down $905 million from the same period last yea

Published 18 May, 2018 12:00am

Walmart profits take hit, but earnings rise as online grows

Published 18 May, 2018 12:00am

Activities at Karachi and Qasim Ports

The Karachi Port handled 170,854 tonnes of cargo comprising 117,810 tonnes of import cargo and 53,044 tonnes of export cargo including 9,203 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday. The total import cargo of 1

Published 18 May, 2018 12:00am

Mark Waugh slams 'selfish' India over day-night Test snub

Retiring selector Mark Waugh has lashed out at "selfish" India for refusing to play a day-night Test during their tour of Australia, accusing the cricketing poower of holding back the game Cricket Australia wanted the first Test in Adelaide from December

Published 18 May, 2018 12:00am

Italy great Buffon calls time on 17-year Juventus career

Juventus goalkeeper Gianluigi Buffon announced on Thursday that he will leave the Turin giants after 17 years but did not as expected declare the end of his playing career. Buffon, 40, captained Juventus to a seventh straight Serie A title and fourth cons

Published 18 May, 2018 12:00am

Zverev joins Nadal, Djokovic in Rome third round

Alexander Zverev got his Rome title defence underway at the Italian Open on Wednesday with a straight-sets win over Italy's Matteo Berrettini as the German bids for back-to-back Masters triumphs after success in Madrid. The second seed eased past Berretti

Published 18 May, 2018 12:00am

Nadal eases past Shapovalov and into Rome last eight

Rafael Nadal brushed aside the challenge of Canadian teenager Denis Shapovalov with a 6-4, 6-1 victory to reach the Italian Open quarter-finals on Thursday. The 31-year-old will face Italian Fabio Fognini in the last eight as he looks to retake the world

Published 18 May, 2018 12:00am

Kerb

Halep on track to retain No.1 spot, Venus tripped up again

Simona Halep boosted her bid to retain her world number one ranking as the top seed advanced to the quarter-finals of the Italian Open after American Madison Keys withdrew injured on Thursday. The Romanian, a finalist in Rome last year, is on her way to h

Published 18 May, 2018 12:00am

Disgraced Warner to play Sydney club cricket

Disgraced former Australian vice-captain David Warner will start his road to redemption by playing club cricket with Sydney's Randwick Petersham, officials said. The opener is serving a year-long ban from state and international cricket for his part in a

Published 18 May, 2018 12:00am

Afghan teen spinner signs for Hampshire

ampshire announced the signing on Thursday of Afghan teenager Mujeeb Ur Rahman and New Zealand's Colin Munro for the Twenty20 Blast. Mujeeb will be available for the whole of the county's T20 campaign and white-ball specialist opener Munro can play until

Published 18 May, 2018 12:00am

Naya Nazimabad Ramazan Cup begins

Naya Nazimabad Ramazan Cup 2018 began at Naya Nazimabad Lawai Stadium. The tournament was inaugurated by the chief guest Saeed Ahmed, President National Bank of Pakistan. Chairman of Tournament and Chairman Arif Habib Group, Arif Habib in his address, sha

Published 18 May, 2018 12:00am

DHA Club win Bon Bosco Basketball event

DHA Club defeated Don Bosco by 58-48 to win the Don Bosco Summer Camp Basketball Tournament here at Don Bosco School courts on Thursday. In the first two quarters, Don Bosco's overpowered the rival. DHA Club made a strong comeback and gathered points one

Published 18 May, 2018 12:00am

Griezmann fires Atletico Madrid to Europa League title

Antoine Griezmann was the hero for Atletico Madrid as the French striker scored twice in their 3-0 win over Marseille in Wednesday's Europa League final in Lyon, allowing his club to win the trophy for the third time in nine seasons. It is Griezmann's fir

Published 18 May, 2018 12:00am

Zimbabwe appoint India's Rajput as interim cricket coach

Zimbabwe on Thursday appointed Indian Lalchand Rajput as interim cricket coach to replace Heath Streak, who was sacked in March after failing to qualify for the 2019 World Cup. "Rajput is a highly qualified, vastly experienced and well-respected coach who

Published 18 May, 2018 12:00am

First transgender sports festival concludes

For the first time in the history of the country a sports festival was organized for the Transgender by District Sports Officer Peshawar under the supervision of Director General Sports and District Govt wherein large number of Transgender from Quetta, Ma

Published 18 May, 2018 12:00am

Ledecky smashes own 1,500m record in pro debut

Five-time Olympic swimming champion Katie Ledecky smashed her own 1,500m freestyle world record by five seconds on Wednesday in her first race as a professional. The 21-year-old American star touched the wall in 15min 20.48sec at the Pro Swim event in Ind

Published 18 May, 2018 12:00am

AJ&K President looking forward for Kashmir Super League success

President Azad Jammu and Kashmir (AJ&K), Sardar Masood Khan has said that the Kashmir Super League (KSL) will play a great role in bringing AJK's youth into the cricketing mainstream of Pakistan. He said this here on Thursday while having a meeting with t

Published 18 May, 2018 12:00am

Cotton

Dullness continues on cotton market

Most of this week the domestic cotton market underwent a dull period due to lack of buying interest by the mills. Even though the leftover stocks from the current season (August 2017/July 2018) reportedly range between 150,000 and 170,000 bales (155 Kgs)

Published 18 May, 2018 12:00am

Cotton

Dullness continues on cotton market

Published 18 May, 2018 12:00am

Tunisia buys wheat and barley

Tunisia's state grains agency purchased around 100,000 tonnes of soft milling wheat and 75,000 tonnes of barley in an international tender which closed on Tuesday, European traders said. The grains can both be sourced from optional origins.

Published 18 May, 2018 12:00am

Cotton

Modest trade activity

Modest trade activity was seen on the cotton market on Thursday as some needy buyers indulged in fresh purchasing of lint cotton, dealers said. The official spot rate was unchanged at Rs 7400, they added. In the ready session, over 1200 bales of cotton ch

Published 18 May, 2018 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 25	280.52
USD PKR Interbank Buying / Mar 25	280.27
USD to Japanese Yen / Mar 25	150.54
USD to Swiss Franc / Mar 25	0.88
Pound Sterling to USD / Mar 25	1.29
Euro to USD / Mar 25	1.08
UK LIBOR % / Mar 24	4.96

Stock	Volume
S&P 500 / Mar 24	5,767.57
Nasdaq / Mar 24	18,188.59
Dow Jones / Mar 24	42,583.32
India Sensex / Mar 25	78,073.97
Tokyo Nikkei / Mar 25	37,780.54
Hang Seng / Mar 25	23,413.58
FTSE 100 / Mar 25	8,684.09
Germany DAX 30 / Mar 25	22,926.46
France CAC40 / Mar 25	8,073.56

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 24	17,085
Petrol/Litre / Mar 25	255.63
Crude Oil USD/Barrel / Mar 25	69.03
Gold 10 Grams PKR / Mar 25	272,462
Gold Spot USD/Ounce / Mar 25	3,017.31
Diesel/Litre / Mar 25	258.64
Cotton US¢/pound / Mar 25	65.64

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel Indus.(R) / Mar 25 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	2.01 ▲ 1 (99.01%)
Ruby Textile / Mar 25 Ruby Textile Mills Limited(RUBY)	7.01 ▲ 1 (16.64%)
Sec. Inv. Bank / Mar 25 Security Investment Bank Limited(SIBL)	8.99 ▲ 1 (12.52%)
Samba Bank / Mar 25 Samba Bank Limited(SBL)	9 ▲ 0.82 (10.02%)
Leiner Pak Gelat / Mar 25 Leiner Pak Gelatine Limited(LPGL)	100.73 ▲ 9.16 (10%)
Adamjee Life Assur. / Mar 25 Adamjee Life Assurance Company Limited(ALIFE)	25.73 ▲ 2.34 (10%)
United Dist. / Mar 25 United Distributors Pakistan Limited(UDPL)	67.29 ▲ 6.12 (10%)
Crescent Fib. / Mar 25 Crescent Fibres Limited(CFL)	45.70 ▲ 4.14 (9.96%)
Popular Islamic / Mar 25 Popular Islamic Modaraba(PIM)	13.19 ▲ 1.19 (9.92%)
Hussain Industries / Mar 25 Husein Industries Limited(HUSI)	27.30 ▲ 2.43 (9.77%)

Stock	Price
Parmount Sp. / Mar 25 Paramount Spinning Mills Limited(PASM)	3.51 ▼ -0.48 (-12.03%)
Shahtaj Sugar / Mar 25 Shahtaj Sugar Mills Limited(SHJS)	117 ▼ -13 (-10%)
Diamond Ind. / Mar 25 Diamond Industries Limited(DIIL)	27.68 ▼ -3.07 (-9.98%)
Zephyr Textile / Mar 25 Zephyr Textiles Limited(ZTL)	9.50 ▼ -1 (-9.52%)
TPL Life Insur. / Mar 25 TPL Life Insurance Limited(TPLL)	55.02 ▼ -5.74 (-9.45%)
Shahtaj Textile / Mar 25 Shahtaj Textile Limited(STJT)	65.05 ▼ -6.54 (-9.14%)
Sindh Abadgar / Mar 25 Sindh Abadgar's Sugar Mills Limited(SASML)	55 ▼ -5.43 (-8.99%)
Elahi Cot. / Mar 25 Elahi Cotton Mills Limited(ELCM)	138 ▼ -13.03 (-8.63%)
Tri-Star Power / Mar 25 Tri-Star Power Limited(TSPL)	7.24 ▼ -0.66 (-8.35%)
Shield Corp. / Mar 25 Shield Corporation Limited(SCL)	253.90 ▼ -22.98 (-8.3%)

Stock	Volume
Pak Elektron / Mar 25 Pak Elektron Limited(PAEL)	28,623,330 ▲ 0.63
TRG Pak Ltd / Mar 25 TRG Pakistan Limited(TRG)	22,742,574 ▼ -3.59
Cnergyico PK / Mar 25 Cnergyico PK Limited(CNERGY)	19,218,186 ▲ 0.01
Sui South Gas / Mar 25 Sui Southern Gas Company Limited(SSGC)	14,168,002 ▲ 0.18
WorldCall Telecom / Mar 25 Worldcall Telecom Limited(WTL)	11,877,825 ▼ -0.05
Pak Int.Bulk / Mar 25 Pakistan International Bulk Terminal(PIBTL)	11,187,536 ▲ 0.08
Pak Refinery / Mar 25 Pakistan Refinery Limited(PRL)	10,362,407 ▼ -0.12
B.O.Punjab / Mar 25 The Bank of Punjab(BOP)	10,164,053 ▼ -0.21
K-Electric Ltd. / Mar 25 K-Electric Limited(KEL)	10,144,462 ▲ 0
Treet Corp / Mar 25 Treet Corporation Limited(TREET)	8,893,519 ▼ -0.53

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