News Archives for Print - 2018-06-05

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Print - 2018-06-05

New York cotton

The following were the fluctuations observed during the day:

Published 05 Jun, 2018 12:00am

Aaj TV - Tuesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 05 Jun, 2018 12:00am

ICE Canadian canola futures dipped on Friday, with the nearby contract pressured by technical selling. The front-month July contract slipped below its 50-day moving average, triggering selling by funds which hold a large long position, a trader said. The

Published 05 Jun, 2018 12:00am

European gasoline margins higher

Benchmark northwest European gasoline refining margins ended the week 10 percent higher, supported by stronger overseas demand. ARA gasoline stocks rose by 1 percent to over 1 million tonnes in the week to Thursday, according to Dutch consultancy PJK Inte

Published 05 Jun, 2018 12:00am

Argentine soya yields drop due to long drought

Argentine soyabean yields dropped to 2.23 tonnes per hectare as harvesting expanded into areas hardest hit by a four-month drought that ended in April, the Buenos Aires Grains Exchange said in its weekly crop report on Thursday. With 89.3 percent of this

Published 05 Jun, 2018 12:00am

CBOT wheat futures lower on technical selling

Chicago Board of Trade wheat futures closed lower Friday on technical selling and seasonal pressure from the start of the US hard red winter wheat harvest, traders said. CBOT July soft red winter wheat settled down 3 cents at $5.23-1/4 per bushel but stay

Published 05 Jun, 2018 12:00am

CBOT soyabean futures higher on technical buying

Chicago Board of Trade soyabean futures closed higher Friday, supported by technical buying after a choppy, back-and-forth session, traders said. CBOT July soyabeans settled up 2-3/4 cents at $10.21-1/4 per bushel but stayed inside the previous day's trad

Published 05 Jun, 2018 12:00am

Vegetable Oil

Palm oil mixed on European vegoils market

Palm oil on the European vegetable oils market was offered in a tight range on Friday, as light gains in Malaysian palm oil futures on the back of firmer rival soyaoil were offset by expectations of a rise in Malaysian palm oil stocks in May. Asking price

Published 05 Jun, 2018 12:00am

China's rebar steel futures climb to three-month high

China's rebar steel futures climbed to their strongest in nearly three months on Friday as falling stockpiles pointed to firm demand in the world's top user, helping rebar and raw material coking coal mark their best week this year. Inventories of constru

Published 05 Jun, 2018 12:00am

EU wheat futures ease after volatile week

Euronext wheat futures eased on Friday as the market consolidated after a volatile week during which weather risks and a falling euro pushed prices to a 10-month high. The start of winter wheat harvesting in the southern US plains and signs of rain relief

Published 05 Jun, 2018 12:00am

Cotton

Cotton prices up on lean business

Prices moved up on the cotton market on Monday in process of subdued trading, dealers said. The official spot rate was higher by Rs 100 to Rs 7,500, they added. In the ready session, over 1500 bales of cotton changed hands between Rs 7400-7500 they said.

Published 05 Jun, 2018 12:00am

Cotton

PMEX daily trading report

On Friday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,506. The traded value of Metals, Energy and COTS/FX was recorded at USD 4.222 billion and the number of lots traded was 8,494.

Published 05 Jun, 2018 12:00am

South Korea's KFA buys 522,000 tonnes of corn

The Korea Feed Association (KFA) purchased about 60,000 tonnes of corn in a tender which closed on Friday, bringing a surge of South Korean corn purchases in the past two days to 522,000 tonnes, European traders said. South Korea's largest animal feed mak

Published 05 Jun, 2018 12:00am

CBOT corn futures fall

Chicago Board of Trade corn futures closed lower Friday on technical selling including fund-driven long liquidation and strong crop prospects amid mostly favorable weather in the US Midwest, traders said. CBOT July corn settled down 2-1/2 cents at $3.91-1

Published 05 Jun, 2018 12:00am

Dry spring to cut Ukraine's winter grain crops

Ukraine's 2018 winter wheat harvest is likely to fall to 24 million tonnes from 25.4 million tonnes in 2017 due to extremely dry weather this spring which will reduce the yield, the head of the state weather forecasting department said on Thursday. Tetyan

Published 05 Jun, 2018 12:00am

Activities at Karachi and Qasim Ports

The Karachi Port handled 333,656 tonnes of cargo comprising 272,504 tonnes of import cargo and 61,152 tonnes of export cargo including 7,775 loaded and empty containers during the last 24 hours ending at 0700 hours on Monday. The total import cargo of 272

Published 05 Jun, 2018 12:00am

Indonesia's April palm, palm kernel oil exports fall

Indonesia's shipment of palm oil and palm kernel oil, excluding lauric oil, olechemical and biodiesel, dropped 13.6 percent to 2.22 million tonnes in April from a year earlier, the Indonesian Palm Oil Association (GAPKI) said. Including lauric oil, oleche

Published 05 Jun, 2018 12:00am

Injured Kompany in Belgian squad

Belgium coach Roberto Martinez delivered a 24-man World Cup squad on Monday with his iconic but often injured captain Vincent Kompany on the roster, accompanied by a potential replacement. The Manchester City central defender picked up an injury in a frie

Published 05 Jun, 2018 12:00am

Del Potro reaches first French Open quarter-final in six years

Fifth seed Juan Martin del Potro brushed aside John Isner 6-4, 6-4, 6-4 to reach the French Open quarter-finals for the first time since 2012 on Monday. The Argentinian produced an impressive display on Court Suzanne Lenglen, firing 25 winners and making

Published 05 Jun, 2018 12:00am

Nadal reaches quarters

Rafael Nadal moved a step closer to an incredible 11th French Open title on Monday by seeing off German Maximilian Marterer in straight sets to reach the quarter-finals. The world number one's 6-3, 6-2, 7-6 (7/4) victory over the world number 70 saw him e

Published 05 Jun, 2018 12:00am

Injured Serena hands Sharapova last-8 spot

Serena Williams announced her shock withdrawal from the French Open through injury on Monday just minutes before her scheduled fourth-round clash against long-time bitter rival and fellow Grand Slam icon Maria Sharapova. The 36-year-old said she had suffe

Published 05 Jun, 2018 12:00am

Sri Lanka names new selectors

Sri Lanka named a new selectors panel for the national cricket team Monday after gambling allegations against the sport's national board president prompted government intervention. The sports ministry stepped in to manage the Sri Lanka Cricket board last

Published 05 Jun, 2018 12:00am

Pakistan squad for Scotland T20s announced

Pakistan, the world's top-ranked Twenty20 side, announced a 15-member squad Monday for their two matches against Scotland later this month. There was only one change in the squad from the T20 series against the West Indies in April, with Haris Sohail repl

Published 05 Jun, 2018 12:00am

Cleared Guerrero heads Peru's World Cup squad

Freed from his doping ban, Peru's captain and main goalscorer Paolo Guerrero was on Monday included in the country's pared-down World Cup squad at the expense of midfielder Sergio Pena. Pena signalled that he had been omitted with a post of his Instagram

Published 05 Jun, 2018 12:00am

Smith, Warner set for Global T20 Canada

Disgraced Australia stars Steve Smith and David Warner, both banned from top-flight international cricket for 12 months, were drafted Sunday for the Global T20 Canada event starting June 28. Former Australia captain Smith had already been announced as a m

Published 05 Jun, 2018 12:00am

Woakes joins Stokes on England injury list

England seamer Chris Woakes has joined Ben Stokes on the injury list for next weekend's one-day international against Scotland. Woakes, who will be replaced by Tom Curran in the squad to play in Edinburgh, left the field late in England's series-levelling

Published 05 Jun, 2018 12:00am

Neuer in Germany World Cup squad, Sane left out

Germany have included 2014 World Cup-winning captain and goalkeeper Manuel Neuer in their final squad for the 2018 tournament, even though he has only just returned from a long-term absence through injury. But in a surprise omission, coach Joachim Loew le

Published 05 Jun, 2018 12:00am

Salah included in final Egypt World Cup squad

Liverpool striker Mohamed Salah was included Monday in Egypt's 2018 World Cup squad despite still underdoing treatment for a shoulder injury he suffered in the Champions League final, the Egyptian Football Association said. Salah, who hit a stunning 44 go

Published 05 Jun, 2018 12:00am

FIFA forced to redo Russia World Cup ad

World football's governing body FIFA admitted on Monday it will have to redo a fancy TV spot for the finals Russia will be hosting for the first time from June 14. The 45-second ad features artsy graphics and suitably momentous music to get fans in the mo

Published 05 Jun, 2018 12:00am

Historic French basketball court aims to rebound with fan support

Tucked away in a basement gym in the heart of Paris, one of the world's oldest surviving basketball courts could use some work - and officials are hoping fans around the world are ready to help. The hardwood court on the Rue de Trevise was inaugurated in

Published 05 Jun, 2018 12:00am

France confirm unchanged World Cup squad

France formally submitted their 23-man squad for the World Cup on Monday, making no changes from the group named in mid-May. None of the original 23 have been replaced by anyone on Didier Deschamps' stand by list. Several top stars failed to make the cut

Published 05 Jun, 2018 12:00am

Currency

Canadian dollar rises

The Canadian dollar strengthened against its US counterpart on Monday as the greenback broadly fell and risk appetite improved. At 9:17 a.m. EDT (1317 GMT), the Canadian dollar was trading 0.2 percent, or 77.38 US cents, higher at C$1.2923 to the greenbac

Published 05 Jun, 2018 12:00am

Currency

Dollar gains against yen in Asia

The dollar gained against the yen on Monday after the release of an upbeat US jobs report, although uncertainty over potential political risks kept the currency's near-term outlook murky.

Published 05 Jun, 2018 12:00am

Currency

Early trade in New York: dollar sinks to two-week low

The dollar fell to a two-week low on Monday, as the easing of political tensions in Italy lifted the euro and as global trade concerns resurfaced after China warned the United States against tariffs or other protectionist measures.

Published 05 Jun, 2018 12:00am

Currency

Euro snaps six-week losing streak in Europe

The euro edged higher on Friday and looked set to break a six-week losing streak, supported by a drop in Italian bond yields after a revived coalition deal between two anti-establishment parties pulled the country back from snap elections.

Published 05 Jun, 2018 12:00am

Bangladesh's interbank forex rates

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

Published 05 Jun, 2018 12:00am

Currency

Sri Lankan rupee steadies

The Sri Lankan rupee ended steady in dull trade on Monday after it hit a record low in the previous session, as dollar selling by banks offset importer demand for the greenback, dealers said. The spot rupee ended at 158.50/60, little changed from Friday's

Published 05 Jun, 2018 12:00am

Asian export currencies lead gains

Asian emerging market currencies from export-dependent economies rose against the dollar on Monday as signs the planned US-North Korea summit would proceed supported confidence in global trade although price action elsewhere was limited.

Published 05 Jun, 2018 12:00am

Currency

China's yuan eases

China's yuan eased against the dollar on Monday, dragged lower by a weaker official yuan midpoint and rising corporate dollar demand which consolidated following Friday's solid US job data.

Published 05 Jun, 2018 12:00am

Currency

Sterling dips

Sterling fell on Monday as concerns about Brexit clouded the outlook for the currency after a brief rally encouraged by stronger-than-expected data on Britain's construction sector. The pound fell 3.43 percent versus the dollar in May, its biggest monthly

Published 05 Jun, 2018 12:00am

Aussie climbs, kiwi rangebound

The Australian dollar sprung to a six-week top on Monday after surprisingly robust first-quarter data pointed to stronger than expected economic growth. Closely-watched retail sales also bounced in April.

Published 05 Jun, 2018 12:00am

Dubai, Qatar lead gains in most Gulf markets

Gulf markets mostly ended higher on Monday, led by Dubai and Qatar and fuelled by heavyweight stocks, while Saudi market stayed firm for the second straight day following appointment of new market-friendly labour minister.

Published 05 Jun, 2018 12:00am

Sri Lankan shares hit five-month low

Sri Lankan shares ended weaker on Monday to hit their lowest close in more than five months as investors sold telecom and banking shares, while foreign buying curbed further decline. Foreign investors bought net 318.2 million rupees ($2.01 million) worth

Published 05 Jun, 2018 12:00am

Tokyo stocks higher

Tokyo stocks closed higher on Monday supported by brisk US jobs growth and manufacturing data that boosted Wall Street. The benchmark Nikkei 225 index closed up 1.37 percent or 304.59 points at 22,475.94, while the broader Topix index ended the session up

Published 05 Jun, 2018 12:00am

Monday's early trade: Wall Street higher as Apple leads tech rally

US stocks climbed on Monday led by gains in technology shares and Friday's robust jobs data, which gave investors heightened confidence that the US economy remained strong. Apple rose 1 percent, providing the biggest boost to Nasdaq and S&P 500 indexes.

Published 05 Jun, 2018 12:00am

Most South East Asian stocks up; Vietnam climbs 2 percent

Most Southeast Asian stock markets ended higher on Monday, with Vietnam and Singapore leading the gains, as robust US jobs data pushed global equities higher and offset concerns of a trade war between the United States and rest of the world.

Published 05 Jun, 2018 12:00am

Indian shares lower

Indian shares ended lower for the second consecutive session on Monday, dragged by financials amid caution ahead of the central bank's three-day interest rate-setting meeting. The benchmark BSE index closed down 0.61 percent at 35,011.89.

Published 05 Jun, 2018 12:00am

China stocks surge

China stocks ended higher on Monday, aided by a rebound in consumer and real estate shares. However, gains were capped as worries over credit risks persisted and as investors watched the development of China-US trade talks.

Published 05 Jun, 2018 12:00am

European shares build on recovery as dealmaking dominates

European shares extended a recovery on Monday as dealmaking took centre stage after a week of political tension in Italy and Spain as well as friction between the United States and its allies over trade policies. Investors' concerns over trade were oversh

Published 05 Jun, 2018 12:00am

Australian shares higher

Australian shares closed higher on Monday, led by gains in financial and materials stocks after the country's biggest bank agreed to pay a record-high fine for money laundering breaches, while a rally in commodity prices drove up miners. The S&P/ASX 200 i

Published 05 Jun, 2018 12:00am

Hong Kong shares rise

Hong Kong stocks followed Asian markets higher, as strong US jobs data offset worries that tariff wars between the United States and the rest of the world could retard global economic growth. The Hang Seng index rose 1.7 percent, to 30,997.98, while the C

Published 05 Jun, 2018 12:00am

FTSE driven up by dealmaking as trade war fears fade

British shares rose on Monday as a flurry of deals lifted investors' spirits and helped brush aside fears of a full-blown trade war between the US and some of its closest partners. The blue chip FTSE 100 index ended 0.5 percent higher amid optimism across

Published 05 Jun, 2018 12:00am

Commonwealth Bank agrees to $530 million fine over money-laundering breaches

The Commonwealth Bank Monday agreed to the largest civil penalty in Australian corporate history to settle claims it breached anti-money laundering and counter-terrorism financing laws. The Aus$700 million (US$530 million) fine - which is subject to court

Published 05 Jun, 2018 12:00am

Commonwealth Bank agrees to $530 million fine over money-laundering breaches

Published 05 Jun, 2018 12:00am

Bayer to ditch Monsanto name after mega-merger

German chemicals and pharmaceuticals giant Bayer on Monday said it will discard the name Monsanto when it takes over the controversial US seeds and pesticides producer this week, as environmental groups kept up their criticism of the mega-merger. The move

Published 05 Jun, 2018 12:00am

IMF hails France as 'reform leader' in boost for Macron

The International Monetary Fund on Monday hailed France's economic recovery as "impressive", in a strong endorsement of President Emmanuel Macron's pro-business reform drive. "With this ambitious pace of reforms France has now become a reform leader in Eu

Published 05 Jun, 2018 12:00am

Qatar Petroleum signs Argentina deal with Exxon

State-owned energy giant Qatar Petroleum on Sunday signed an agreement to buy a 30-percent stake in Exxon Mobil hydrocarbon affiliates in Argentina.

Published 05 Jun, 2018 12:00am

NAFTA's demise would cut Canada growth 0.4 percent: IMF

The collapse of the North American Free Trade Agreement would cut at least 0.4 percent from Canada's economic growth, the IMF said Monday, after negotiations to revamp the 1994 pact bogged down. "Failure to reach an agreement within a reasonable timeframe

Published 05 Jun, 2018 12:00am

NAFTA's demise would cut Canada growth 0.4 percent: IMF

Published 05 Jun, 2018 12:00am

Currency

Turkey inflation surges again to over 12 percent

The inflation rate in Turkey jumped in May, official statistics showed Monday, increasing pressure on the central bank to again raise interest rates as fears persist over the strength of the economy. Three weeks ahead of snap presidential and parliamentar

Published 05 Jun, 2018 12:00am

China's corporate debt challenges a key downside risk to growth: Fitch

China's annual economic growth rate could fall by 1 percentage point over the medium-term if business investment is hit by a sharp slowdown in debt growth as the government cracks down on lending risks, Fitch Ratings said. In a report published on late Su

Published 05 Jun, 2018 12:00am

Weak demand for aircraft hurts US factory orders

New orders for US-made goods fell more than expected in April, weighed down by declines in demand for transportation equipment and machinery, but the underlying trend continued to suggest strong momentum in the manufacturing sector.

Published 05 Jun, 2018 12:00am

Palestinian shot dead

A Palestinian armed with an axe was shot dead trying to breach the Gaza-Israel border on Monday, the Israeli army said. An army statement said troops thwarted an "infiltration attempt" by "two terrorists who damaged the security fence and were armed with

Published 05 Jun, 2018 12:00am

Netanyahu warns Merkel of new refugee crisis sparked by Iran

Israeli Prime Minister Benjamin Netanyahu warned German Chancellor Angela Merkel Monday that Iranian meddling in the Middle East could touch off massive new refugee flows to Europe, as they clashed about the future of the nuclear deal with Tehran.

Published 05 Jun, 2018 12:00am

US, China tussle over Tiananmen anniversary

China lashed out at the United States on Monday after Washington marked the anniversary of the 1989 Tiananmen protests by urging Beijing to disclose how many people were killed in the crackdown. US Secretary of State Mike Pompeo issued a statement to "rem

Published 05 Jun, 2018 12:00am

Taiwan F-16 fighter jet crashes, killing pilot

Taiwan's air force said the pilot of an F-16 fighter jet was killed after his plane crashed on Monday in the mountains at the start of annual live-fire drills. The single-seat jet disappeared off the radar over mountainous terrain in the northeastern coun

Published 05 Jun, 2018 12:00am

IAEA head calls for 'timely' cooperation from Iran

The head of the UN's nuclear watchdog called Monday on Iran to ensure "timely and proactive cooperation" with inspections mandated under the 2015 deal with world powers over its nuclear programme. Speaking at the first meeting of the IAEA's board of gover

Published 05 Jun, 2018 12:00am

New deal struck for return of displaced to pro-Qadhafi Libya town

A new accord has been struck for thousands of displaced Libyans to return home to a town that sided with former leader Muammar Qadhafi in the 2011 revolution, the country's unity government said Monday. Fayez al-Sarraj, head of the Government of National

Published 05 Jun, 2018 12:00am

Britain to unveil new counter-terrorism strategy

Britain on Monday was to unveil a new counter-terrorism strategy under which it will boost intelligence cooperation between the domestic MI5 service and police as well as the private sector. The plan, to be dubbed Contest, will seek to ensure "that there

Published 05 Jun, 2018 12:00am

Search for missing after Guatemala volcano kills 25

Emergency workers will resume the search on Monday for Guatemalans missing after the eruption of the Fuego volcano, which belched out clouds of ash and flows of lava and left at least 25 people dead. The volcano expelled hot muddy material that caused the

Published 05 Jun, 2018 12:00am

North Korea 'military reshuffle' raises eyebrows in Seoul

South Korea is monitoring developments in the North's armed forces, it said Monday after reports Pyongyang replaced three of its top military officials ahead of a summit with the United States. President Donald Trump is due to meet with North Korean leade

Published 05 Jun, 2018 12:00am

First Saudi women get driving licences

Saudi Arabia on Monday began issuing its first driving licences to women in decades, state media reported."The first group of women today received their Saudi driving licences," the official Saudi Press Agency said. "The general directorate of traffic sta

Published 05 Jun, 2018 12:00am

Shots fired near California marathon, shooter in custody

A woman opened fire in downtown San Diego and was taken into custody Sunday as thousands of people participated in the California city's marathon nearby. As officers responded, a policeman was injured by an accidental, self-inflicted gunshot wound to the

Published 05 Jun, 2018 12:00am

Bill Clinton says no private apology to Monica Lewinsky necessary

Former US president Bill Clinton said he has not spoken to Monica Lewinsky since the revelation of their affair and that while he has apologized to her publicly he does not think a private apology is necessary at this point.

Published 05 Jun, 2018 12:00am

Trump asserts 'absolute right' to pardon himself

US President Donald Trump aggressively hardened his defense against the Special Counsel Robert Mueller's investigation Monday, branding the probe "unconstitutional" and declaring that he has an "absolute right" to pardon himself of any crime.

Published 05 Jun, 2018 12:00am

Shanghai copper hits highest since April

Shanghai copper rallied to the highest in more than six weeks on Monday, underpinned by a slightly softer dollar and supply concerns amid wage negotiations at the world's largest copper mine. The union of workers at BHP's Escondida copper mine in Chile sa

Published 05 Jun, 2018 12:00am

Copper rises as wage talks start at world's largest mine

Copper prices rose on Monday, helped by a weaker dollar and the potential for supply problems as wage talks began at the world's largest copper mine. The union at BHP's Escondida mine in Chile said on Friday that it had begun negotiations with a proposal

Published 05 Jun, 2018 12:00am

Iran sells first cargo of West Karoun oil to Spain's Repsol

Iran has awarded its first cargo of West Karoun oil to Spain's Repsol, two sources familiar with the matter said on Monday, indicating that Tehran is keen to boost its oil exports despite the looming threat of sanctions. The Persian Gulf nation's exports

Published 05 Jun, 2018 12:00am

Oil falls 2 percent, US crude hits lowest since early April

Oil prices fell about 2 percent on Monday, with US crude touching its lowest level in nearly two months, breaking below technical support levels as investors kept selling amid growing US production, possible global supply growth and nagging trade tensions

Published 05 Jun, 2018 12:00am

Tokyo rubber rises

Benchmark Tokyo rubber futures rose on Monday, helped by a weaker yen against the US dollar and a rally in the Tokyo stock market as strong US jobs data offset fears that trade wars between the United States and the rest of the world could slow global eco

Published 05 Jun, 2018 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

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

Published 05 Jun, 2018 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

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

Published 05 Jun, 2018 12:00am

Vegetable Oil

Palm oil drops on poor exports, stockpiles

Malaysian palm oil futures fell more than 1 percent on Monday as traders were expecting build up in stockpiles due to sluggish export demand. The palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange was down 1.31 percent at 2,4

Published 05 Jun, 2018 12:00am

Raw sugar tumbles 5 percent, New York cocoa slumps

Raw sugar futures on ICE sank 5 percent on Monday, their biggest one-day tumble in more than 13 months after a truckers' strike ended in top grower Brazil, while cocoa prices sank to a three-month low. This was in line with larger markets as the Thomson R

Published 05 Jun, 2018 12:00am

Gold steadies in Asia

Gold prices traded within a narrow range on Monday as lingering concerns about trade wars between the United States and the rest of the world offset expectations of a US interest rate hike this month. Spot gold was nearly unchanged at $1,293.23 per ounce,

Published 05 Jun, 2018 12:00am

Gold rises in Europe

Gold edged higher on Monday, supported by a retreat in the dollar as Italian political risk receded, though the prospect of another rise in US interest rates kept a lid on gains. The metal fell on Friday after stronger than expected US payrolls data shore

Published 05 Jun, 2018 12:00am

US MIDDAY: corn and soyabeans slide

US corn futures fell more than 2 percent on Monday, the biggest single-day slide for the most-active contract in six weeks, on favourable US crop weather and escalating trade tensions, analysts said. Soyabeans and wheat followed the weak trend that spread

Published 05 Jun, 2018 12:00am

US MIDDAY: gold flat

Gold prices were barely changed on Monday, supported by a wilting dollar as Italian political risk receded, though the prospect of another rise in US interest rates capped gains. Spot gold was flat at $1,292.90 per ounce by 1:34 p.m. EDT (1734 GMT), while

Published 05 Jun, 2018 12:00am

SC tells government to submit report on water shortage

The Supreme Court Monday sought a comprehensive report from the federal government on the steps taken to overcome the water shortage in the country. The issue of construction of new dams and water shortage is abuzz in media and social media. Chief Justice

Published 05 Jun, 2018 12:00am

FBR taking steps to resolve tax issues of Japanese investors

The Federal Board of Revenue (FBR) is taking steps to resolve the taxation-related issues of Japanese investors, particularly delay in payment of refunds, on the basis of recommendations made by Board of Investment (BOI). Sources told Business Recorder

Published 05 Jun, 2018 12:00am

Mutual Funds
Hinopak Motors Limited

Hinopak Motors Limited (PSX: HINO) is a market leader in Pakistan for light and heavy commercial vehicles. The company assembles buses, trucks and a few models of prime movers while Hino's special purpose vehicles are engaged in hauling a variety of suppl
Published 05 Jun, 2018 12:00am

PFC, Malaysian furniture makers to sign MoU soon

Malaysian furniture makers and Pakistan Furniture Council (PFC) will ink a memorandum of understanding (MoU) soon to further enhance collaboration to class modern design furniture to compete in international market by making them cost and quality efficien
Published 05 Jun, 2018 12:00am

Hosiery machines: FMC Mayor hints at withdrawal of municipal tax

A formal notification to withdraw enhanced municipal tax on hosiery machines will be issued within next couple of days while municipal staff has been directed to postpone the recoveries till the issuance of the proper notification, said Muhammad Razaq Mal
Published 05 Jun, 2018 12:00am

Public bodies: government urged to ensure private sector's representation

The Lahore Chamber of Commerce & Industry has urged the government to ensure adequate representation of private sector in all important bodies whether it is OGRA or Indus River System Authority (IRSA).
Published 05 Jun, 2018 12:00am

Solution of country's problems lies in democracy: Shahbaz

Pakistan Muslim League-Nawaz (PML-N) President Shahbaz Sharif Monday said that democracy will be promoted, if elections are held in free and fair manner according to schedule. "Solution of problems confronted to the country and nation lies in democracy,"
Published 05 Jun, 2018 12:00am

ITU, Wasa sign MoU

Information Technology University (ITU) the Punjab, Lahore is all set to develop smart solutions pertaining to water related projects for Water & Sanitation Agency (WASA), Lahore Development Authority (LDA), of Housing Urban Development & Public Health En
Published 05 Jun, 2018 12:00am

TDAP facilitates three-member Morocco team

Trade Development Authority of Pakistan (TDAP), Regional Division (Central), facilitated the visit of a three-member delegation from Morocco to meet with the Pakistan Football Federation here in Lahore. Morocco has submitted its bid for hosting FIFA 2026
Published 05 Jun, 2018 12:00am

EC Punjab seeks Rangers' deployment

The Election Commission Punjab has sought deployment of Pakistan Rangers in its vicinity to avoid security risk during the receiving of nomination papers, the sources said. According to the sources, the EC Punjab has written a letter to the provincial Hom
Published 05 Jun, 2018 12:00am

UVAS holds basic veterinary clinical, diagnostic training

The Pet Centre of the University of Veterinary and Animal Sciences (UVAS) Lahore organised a five-day training on "Basic Clinical and Diagnostic Skills in Small Animal Practice" under the project titled "In-service Training Facility of Advance Veterinary
Published 05 Jun, 2018 12:00am

Previous Day

Forex
World
Commodity

Currency Rate

USD PKR Interbank Selling / Oct 25

277.66

USD PKR Interbank Buying / Oct 25

277.46

USD to Japanese Yen / Oct 25

152.31

USD to Swiss Franc / Oct 25

0.87

Pound Sterling to USD / Oct 25

1.30

Euro to USD / Oct 25

1.08

Stock Volume

S&P 500 / Oct 25

5,808.12

India Sensex / Oct 25

79,402.29

Tokyo Nikkei / Oct 25

37,913.92

Nasdaq / Oct 25

18,518.61

Hang Seng / Oct 25

20,590.15

FTSE 100 / Oct 25

8,248.84

Dow Jones / Oct 25

42,114.40

Germany DAX 30 / Oct 25

19,463.59

Item Value

Crude Oil USD/Barrel / Oct 25

71.78

Gold 10 Grams PKR / Oct 25

245,031.60

Gold Spot USD/Ounce / Oct 25

2,747.56

Cotton US¢/pound / Oct 25

70.66

Petrol/Litre / Oct 26

247.03

Karachi Cotton PKR/37.32 KG / Oct 26

17,885

Gainers
Losers
Leaders

Stock Price

786 Invest Ltd / Oct 26

786 Investments Limited(786)

5

▼ 0.00 (0.00%)

AL-Abbas Sugar / Oct 26

Al-Abbas Sugar Mills Limited(AABS)

585

▼ 0.00 (0.00%)

Agro Allianz / Oct 26

Agro Allianz Limited(AAL)

16

▼ 0.00 (0.00%)

AL-Abid Silk / Oct 26

Al-Abid Silk Mills Limited(AASM)

3.49

▼ 0.00 (0.00%)

Ali Asghar / Oct 26

Ali Asghar Textile Mills Limited(AATM)

2.07

▼ 0.00 (0.00%)

Allied Bank / Oct 26

Allied Bank Limited(ABL)

87.10

▼ 0.00 (0.00%)

Abbott Lab. / Oct 26

Abbott Laboratories (Pakistan) Limited(ABOT)

499.34

▼ 0.00 (0.00%)

Abson Ind. / Oct 26

Abson Industries Limited(ABSON)

2.50

▼ 0.00 (0.00%)

Alfalah ETF. / Oct 26

Alfalah Consumer Index ETF.(ACIETF)

9.84

▼ 0.00 (0.00%)

Stock Price

786 Invest Ltd / Oct 26

786 Investments Limited(786)

5

▲ 0.00 (0.00%)

AL-Abbas Sugar / Oct 26

Al-Abbas Sugar Mills Limited(AABS)

585

▲ 0.00 (0.00%)

Agro Allianz / Oct 26

Agro Allianz Limited(AAL)

16

▲ 0.00 (0.00%)

AL-Abid Silk / Oct 26

Al-Abid Silk Mills Limited(AASM)

3.49

▲ 0.00 (0.00%)

Ali Asghar / Oct 26

Ali Asghar Textile Mills Limited(AATM)

2.07

▲ 0.00 (0.00%)

Allied Bank / Oct 26

Allied Bank Limited(ABL)

87.10

▲ 0.00 (0.00%)

Abbott Lab. / Oct 26

Abbott Laboratories (Pakistan) Limited(ABOT)

499.34

▲ 0.00 (0.00%)

Abson Ind. / Oct 26

Abson Industries Limited(ABSON)

2.50

▲ 0.00 (0.00%)

Alfalah ETF. / Oct 26

Alfalah Consumer Index ETF.(ACIETF)

9.84

▲ 0.00 (0.00%)

Stock Volume

P.I.A.C.(A) / Oct 26

Pakistan International Airlines Corp(PIAA)

47,200,500

▲ 0.00

Cnergyico PK / Oct 26

Cnergyico PK Limited(CNERGY)

29,719,327

▲ 0.00

Pak Petroleum / Oct 26

Pakistan Petroleum Limited(PPL)

21,170,581

▲ 0.00

Pak Refinery / Oct 26

Pakistan Refinery Limited(PRL)

16,965,134

▲ 0.00

The Searle Co. / Oct 26

The Searle Company Limited(SEARL)

15,793,227

▲ 0.00

P.T.C.L. / Oct 26

Pakistan Telecommunication Company Ltd(PTC)

15,054,641

▲ 0.00

K-Electric Ltd. / Oct 26

K-Electric Limited(KEL)

14,145,556

▲ 0.00

WorldCall Telecom / Oct 26

Worldcall Telecom Limited(WTL)

13,158,668

▲ 0.00

Telecard Limited / Oct 26

Telecard Limited(TELE)

12,358,668

▲ 0.00

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Rupee gains against US dollar

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Gold price per tola decreases Rs2,300 in Pakistan

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Karachi to Sukkur via Hyderabad: Centre, Sindh agree to construct M6 Motorway

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KSE-100 closes shy of record 90,000 mark, continues winning streak amid strong buying

Despite higher sales, textile giant Interloop’s profit down 94% in 1QFY25

Currency	Rate
USD PKR Interbank Selling / Oct 25	277.66
USD PKR Interbank Buying / Oct 25	277.46
USD to Japanese Yen / Oct 25	152.31
USD to Swiss Franc / Oct 25	0.87
Pound Sterling to USD / Oct 25	1.30
Euro to USD / Oct 25	1.08

Stock	Volume
S&P 500 / Oct 25	5,808.12
India Sensex / Oct 25	79,402.29
Tokyo Nikkei / Oct 25	37,913.92
Nasdaq / Oct 25	18,518.61
Hang Seng / Oct 25	20,590.15
FTSE 100 / Oct 25	8,248.84
Dow Jones / Oct 25	42,114.40
Germany DAX 30 / Oct 25	19,463.59

Item	Value
Crude Oil USD/Barrel / Oct 25	71.78
Gold 10 Grams PKR / Oct 25	245,031.60
Gold Spot USD/Ounce / Oct 25	2,747.56
Cotton US¢/pound / Oct 25	70.66
Petrol/Litre / Oct 26	247.03
Karachi Cotton PKR/37.32 KG / Oct 26	17,885

Stock	Price
786 Invest Ltd / Oct 26 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 26 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 26 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 26 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 26 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 26 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 26 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 26 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 26 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 26 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 26 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 26 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 26 Telecard Limited(TELE)	12,358,668 ▲ 0.00