JLI Meeseq Fund Rates on Thursday (May 17, 2018).

JLI Meeseq Fund Rates on Thursday (May 17, 2018).

Jubilee Life Insurance Capital Growth Fund Rates on Thursday (May 17, 2018).

Jubilee Life Insurance Capital Growth Fund Rates on Thursday (May 17, 2018).

Jubilee Life Insurance Capital Growth Fund Rates on Thursday (May 17, 2018).

Jubilee Life Insurance Managed Growth Fund Rates on Thursday (May 17, 2018).

Jubilee Life Insurance Managed Growth Fund Rates on Thursday (May 17, 2018).

Jubilee Life Insurance Managed Growth Fund Rates on Thursday (May 17, 2018).

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

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Thursday (May 17, 2018).

All timings are in PST (Pakistan Standard Time).

The following were the fluctuations observed during the day:

The following were the fluctuations observed during the day:

On Wednesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,454. The traded value of Metals, Energy and COTS/FX was recorded at 4.993 billion and the number of lots traded was 10,540.

Chicago Board of Trade soft red winter wheat futures rose on Tuesday, snapping a four-session losing streak on short-covering and bargain buying. K.C. hard red winter wheat was unchanged following seven straight days of declines.

The price of steelmaking raw materials in China rose for a second session on Monday on optimism that steel mills will replenish stockpiles as steel production increases and iron ore inventories at ports decline. The utilisation rate at blast furnaces acro

Benchmark northwest European gasoline refining margins weakened on Monday amid a rally in crude prices, while exports of components to Asia picked up. The mixed aromatics arbitrage from Europe to Asia opened in recent days, with at least four cargoes book

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

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

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.

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)

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)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

One of Australia's biggest supermarket chains said Wednesday some stores were moving baby formula behind counters and restricting sales as it emerged customers were clearing shelves and selling it online in China for more than double the price.

Foreign investment in Canadian securities picked up in March as investors purchased money market instruments, even as they reduced their bond holdings for a fourth consecutive month, Statistics Canada said on Thursday. Non-residents bought a net C$6.1 bil

Malaysia's annual economic growth slowed to 5.4 percent in the first quarter of 2018, leaving the country's new government with the task of turning around an economy that has decelerated for two consecutive quarters. Releasing the latest gross domestic pr

The IMF on Tuesday called for a quick deal on debt relief for Greece, warning that otherwise it could be too late to disburse funds to the country's latest aid programme. "We have this programme that need to be activated and clearly time is running out,"

India's Infosys Ltd has formed a blockchain-based trade finance network with seven private-sector banks, to increase security and efficiency in the banking sector while also broadening its product offering. India's second-biggest software services exporte

Indonesia's central bank hiked its key interest rate Thursday as Southeast Asia's biggest economy seeks to halt a further slide in the rupiah. Bank Indonesia's board of governors boosted the policy rate to 4.5 percent from 4.25 percent, a move predicted b

A Turkish banker was sentenced Wednesday to 32 months in a US prison for plotting to help Iran evade American sanctions, in an explosive case straining ties between Ankara and Washington. Mehmet Hakan Atilla, 47, deputy chief executive of Turkish lender H

Uganda's economy is expected to grow around 5.5 percent in the fiscal year ending in June and the pace of expansion could accelerate to 6 percent in the next 12 months boosted by good weather, the World Bank said on Tuesday. In a report, the Washington-ba

Commerzbank, Germany's second-largest bank, said Tuesday that its strategy of refocusing on retail and commercial banking was paying off, as bottom-line profits beat expectations in the first quarter. Net profit increased 9.2 percent year-on-year, to 250

New Zealand's centre-left government boosted spending on welfare and public services Thursday in a maiden budget aimed at delivering on the promises made during last year's "Jacinda-mania" election campaign. Health services were the centrepiece of the bud

The Sri Lankan rupee ended firmer on Thursday in dull trade due to dollar selling by a state bank, a day after the central bank said underlying fundamentals do not warrant the current downward pressure on the currency. The rupee hit a record low for a thi

Turkey's lira weakened against the dollar on Thursday, weighed down by concerns about President Tayyip Erdogan's influence over monetary policy and as investors waited to see whether the central bank would take action against the sell-off. The bank said o

China's yuan inched up against the US dollar on Thursday after the central bank set a stronger official midpoint and companies sold the greenback. Trade frictions with the United States remained a key market focus, with traders awaiting news from a second

The dollar firmed on Thursday after the euro retreated to a five-month low on concerns political developments in Italy could cause wider disruptions in the euro bloc, while rising US Treasury yields knocked emerging market currencies lower. The euro was l

The euro fell towards a five-month low on Thursday as investors fretted about the demands of populist parties likely to form Italy's next government and as a fresh rise in US Treasury bond yields underpinned demand for the dollar. The euro has slumped six

The dollar climbed to a four-month peak against the yen on Thursday, bolstered by the rise in US Treasury yields that suggests a more upbeat outlook for the world's largest economy. US benchmark 10-year yields hit a high of 3.122 percent, the highest in n

The dollar added to recent gains against a basket of currencies on Wednesday to touch a five-month high, supported by relatively robust US economic data in recent days, while the euro was hit by reports that a likely future Italian government would seek d

Interbank buy/sell rates for the taka against the dollar on Thursday. 83.60-83.70 (Previous 83.60-83.60).

Most Asian currencies strengthened on Thursday as the dollar retreated from the five-month high it touched the previous day, with Thailand's baht gaining the most. The dollar index fell to 93.275 at 0527 GMT, down from Wednesday's five-month peak of 93.63

The New Zealand dollar edged higher on Thursday after the country's Labour-led government predicted a larger surplus for the year-ending June while the Australian currency inched up after faster-than-expected jobs growth. The New Zealand dollar rose about

Sterling enjoyed a brief rally on Thursday after reports that Britain would tell Brussels it was prepared to stay in the European Union's customs union beyond a Brexit transitional arrangement. Cabinet ministers are deadlocked over a future deal with the

Higher oil prices helped Saudi Arabia's stock market to offset some of this week's losses on Thursday, though other Gulf markets were down as geopolitical concerns continued to weigh on investors in the region. Trading activity was also slow because of th

Tokyo stocks rose moderately on Thursday as investors bought on dips after two days of losses, with buying sentiment supported by gains on Wall Street and a weak yen. The benchmark Nikkei 225 index rose 0.53 percent, or 121.14 points, to 22,838.37 while t

A surge in energy and industrial shares kept Wall Street's losses in check on Thursday, even as a rise in US bond yields to a fresh seven-year high suggested more competition for equities. The energy sector jumped 1.31 percent, giving the benchmark S&P 50

Retail and technology stocks led Wall Street higher on Wednesday and the small-cap Russell 2000 hit a record peak, even as a rise in US bond yields to an almost seven-year high suggested more competition for equities and investors fretted over geopolitics

US Treasury yields rose on Wednesday as the 10-year yield reached seven-year highs and tested key technical support at 3.10 percent, which may touch off another wave of bond sales if it rises much further above that level.

Indian shares ended lower for a third straight session on Thursday, dragged down by financials, while doubts whether the Bharatiya Janata Party could prove its majority in the southern state of Karnataka dented investor sentiment. The benchmark BSE index

China stocks fell on Thursday as investors turned cautious amid trade talks between China and US in Washington. The blue-chip CSI300 index fell 0.7 percent, to 3,864.05 while the Shanghai Composite Index lost 0.5 percent to 3,154.28 points.

European shares rose on Thursday to a fresh 3-1/2 month high as oil stocks rallied and online supermarket Ocado shot up after it signed a game-changing deal in the United States. The pan-European STOXX 600 ended up 0.7 percent, while Italy's benchmark ind

Hong Kong's benchmark stock index fell on Thursday, despite a jump in index heavyweight Tencent Holdings , as US and China resumed trade talks in Washington. The Hang Seng index fell 0.5 percent, to 30,942.15, while the China Enterprises Index lost 1.3 pe

Philippine shares fell over 2 percent on Thursday, hurt by holding firms and property companies, while Indonesian stocks erased early gains to close lower ahead of a central bank policy decision. The Philippine Stock Exchange PSEI Index extended falls int

Strong oil prices helped Britain's top share index seal its highest ever closing level on Thursday while online grocery retailer Ocado rocketed up 44 percent after signing a deal with US grocer Kroger. The FTSE 100 climbed 0.7 percent to close at 7,787.97

Britain will slash the maximum stake on controversial gambling machines to £2 ($2.7, 2.3 euros) per spin, the government said Thursday, as it vowed "to protect the most vulnerable in society" from harmful losses. The biggest wager for popular fixed-odds b

Hackers who targeted Mexico's interbank payment system made off with more than $15 million in the past several weeks, the Bank of Mexico said Wednesday.

European Union leaders anxious to counter Russian influence sought Thursday to reassure Balkan states about their long-promised membership prospects, but warned they would not be joining any time soon. EU leaders met their counterparts from six Balkan cou

Embattled Japanese conglomerate Toshiba on Thursday said Chinese regulators have given approval for its plan to sell its prized chip unit - the final hurdle to complete the deal. Toshiba agreed in September to sell its memory chip business to a consortium

China is imposing more restrictions on companies which are trying to raise relatively low-cost funds overseas to help control their financing risks, the country's state planner said on Thursday. Local firms can sell debt overseas if the proceeds are used

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.

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

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

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

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.

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,

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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".

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

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

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

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