News Archives for Print - 2018-06-07

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Print - 2018-06-07

New York cotton

The following were the fluctuations observed during the day:

Published 07 Jun, 2018 12:00am

Aaj TV - Thursday's schedule

All timings are in PST (Pakistan Standard Time).

Published 07 Jun, 2018 12:00am

Cotton

On Tuesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,474. The traded value of Metals, Energy and COTS/FX was recorded at USD 4.788 billion and the number of lots traded was 7,141. Major business was contributed by gold amou

Published 07 Jun, 2018 12:00am

Vegetable Oil

Palm oil lower on European vegoils market

Palm oil on the European vegetable oils market was offered slightly lower on Tuesday in thin trade as Malaysian palm oil futures eased on concerns that weak export demand will continue in June. Asking prices for palm oil were between unchanged and $7.50 a

Published 07 Jun, 2018 12:00am

EU wheat bounces from two-week lows on weak euro

European wheat futures rebounded on Tuesday from a near two-week low, supported by a bounce in US futures, a fall in the euro and weather risks for European wheat crops. December milling wheat, the most active contract on the Paris-based Euronext exchange

Published 07 Jun, 2018 12:00am

South Korean firm buys 330,000 tonnes of corn

South Korea's largest animal feed maker Nonghyup Feed Inc. (NOFI) purchased about 65,000 tonnes of corn in a private deal on Tuesday, bringing reported buying by Korean importers during the day to 330,000 tonnes. Korean importers including NOFI late last

Published 07 Jun, 2018 12:00am

China's iron ore futures rise on mine closures

China's Dalian iron ore futures rose on Tuesday on concerns of tight supplies after a report said Tangshan city plans to shut hundreds of mining companies, while mounting stockpiles at ports limited gains. Tangshan, the country's No.1 steelmaking city in

Published 07 Jun, 2018 12:00am

Activities at Karachi and Qasim ports

The Karachi Port handled 106,764 tonnes of cargo comprising 76,306 tonnes of import cargo and 30,458 tonnes of export cargo including 3,951 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday. The total import cargo of 7

Published 07 Jun, 2018 12:00am

Cotton

No business on cotton market

Not a single deal reported on the cotton market on Wednesday as the spinners preferred to remain on the sidelines owing to rise in prices, dealers said. The official spot rate was unchanged at Rs 7,500, they added. In the ready session, no deal finalised

Published 07 Jun, 2018 12:00am

Canadian canola futures flat

ICE Canadian canola futures ended flat to slightly higher on Tuesday, as favourable crop conditions in Canada and the United States held prices in line. Limited selling by farmers underpinned the market, an analyst said. July canola finished unchanged at

Published 07 Jun, 2018 12:00am

CBOT soyabean futures mixed on choppy session

Chicago Board of Trade soyabean futures closed mixed Tuesday following a choppy session as market pressure from favourable US crop conditions and trade tensions offset support from technical buying after the July contract set a two-week low below $10.

Published 07 Jun, 2018 12:00am

Five Armenians charged in Belgium over tennis match-fixing

Five Armenians have been charged in Belgium with corruption, money laundering and other crimes as part of an international investigation into match-fixing in tennis, prosecutors said Wednesday. They were among 13 people held in Belgium on Tuesday as simul

Published 07 Jun, 2018 12:00am

European clubs demand discussions with Infantino

The European Clubs Association (ECA) on Wednesday demanded "open and transparent" discussions with FIFA president Gianni Infantino over his plans for new, or enlarged, global club and international competitions. The governing body of world football is cre

Published 07 Jun, 2018 12:00am

Controversial video referee system set for World Cup debut

The referee makes the sign of a screen with his fingers and goes to consult a screen on the edge of the pitch - the controversial VAR, video assistant refereeing system, will make its World Cup debut at Russia 2018. After experiments in different FIFA tou

Published 07 Jun, 2018 12:00am

Russia says ready to thwart World Cup security threats

Russia said Wednesday it was ready to thwart any threats to the World Cup, which kicks off in Moscow next week, as a massive security effort ramps up. The security "measures are really unprecedented ... They are based on our experience with such events an

Published 07 Jun, 2018 12:00am

Sharapova hits back at Serena 'book 100 percent hearsay' claim

Maria Sharapova hit back at Serena Williams's accusations that the Russian's autobiography was "100 percent hearsay", insisting Wednesday that controversial references to her arch-rival are accurate. "When you're writing an autobiography, I don't think th

Published 07 Jun, 2018 12:00am

Messi in middle of Israel-Palestinian spat over scrapped match

The Israeli and Palestinian football associations traded accusations Wednesday over the cancellation of a World Cup warm-up match between the Jewish state and Argentina in the disputed city of Jerusalem. Israel accused the Palestinians of "football terror

Published 07 Jun, 2018 12:00am

Cecchinato 'amazed' after stunning Djokovic in French Open epic

World number 72 Marco Cecchinato said he had "amazed" himself by becoming the first Italian man in 40 years to reach a Grand Slam semi-final with a breathtaking 6-3, 7-6 (7/4), 1-6, 7-6 (13/11) French Open victory over 12-time major winner Novak Djokovic

Published 07 Jun, 2018 12:00am

Ponting to join Australia coaching staff in England

Australia great Ricky Ponting will join the backroom staff of head coach Justin Langer during the team's tour of England. Former Australia captain Ponting, one of the outstanding batsmen of his generation, was already due to be in Britain to commentate on

Published 07 Jun, 2018 12:00am

Kerb

Muguruza condemns Sharapova to worst Slam loss in six years, faces Halep

Garbine Muguruza thrashed Maria Sharapova 6-2, 6-1 to reach the French Open semi-finals on Wednesday, condemning the Russian to her worst Grand Slam defeat in more than six years. The Spanish third seed, who was the champion in Paris in 2016, will face to

Published 07 Jun, 2018 12:00am

Kenya private sector activity falls in May: Markit

Kenya's private sector activity growth slowed in May on the back of slower increases in output, new orders and employment, a survey showed on Wednesday. The Markit Stanbic Bank Kenya Purchasing Managers' Index(PMI) for manufacturing and services fell to 5

Published 07 Jun, 2018 12:00am

Ivory Coast banks struggle with fallout from 2016/17 cocoa crisis

Banks in Ivory Coast are struggling to secure repayment on up to 200 billion CFA francs ($348 million) in outstanding loans made to cocoa exporters during the country's crisis-hit 2016/17 season, bank officials said. The banks have already restricted the

Published 07 Jun, 2018 12:00am

Goldman Sachs backs card issuing, processing startup Marqeta

Goldman Sachs Group Inc has joined a $45 million investment round in Marqeta, a US fintech company offering technology businesses can use to issue payment cards, the startup said on Tuesday. The round, which brings Marqeta's total funding raised to $116 m

Published 07 Jun, 2018 12:00am

South Africa economy contracts at sharpest rate in nine years

South Africa's economy suffered its sharpest contraction in nearly a decade in the first quarter of 2018, official data showed on Tuesday, highlighting the huge challenge facing President Cyril Ramaphosa as he tries to get the economy back on its feet. Gr

Published 07 Jun, 2018 12:00am

Canadian exports shrug off trade uncertainty to hit record high

Canadian exports rose to a record high in April as firms shrugged off uncertainty caused by US protectionist policies, helping to cut the trade deficit to a six-month low, Statistics Canada data indicated on Wednesday. The deficit shrank to C$1.90 billion

Published 07 Jun, 2018 12:00am

Former Anglo Irish Bank CEO found guilty of defrauding depositors, investors

The former chief executive of the failed Anglo Irish Bank, David Drumm, was found guilty on Wednesday of conspiring to defraud depositors and investors during a banking crisis that crippled Ireland's economy a decade ago.

Published 07 Jun, 2018 12:00am

Italy's new government to review TAP gas pipeline

A plan to build the final stage of a $40 billion international gas pipeline in Italy is under review, the country's new environment minister said, calling the project "pointless". Italy is at the end of the Southern Gas Corridor, a pipeline taking gas fro

Published 07 Jun, 2018 12:00am

Irish services sector growth hits four-month high

Growth in Irish services activity hit a four-month high in May as the sector continued to recover from a brief slowdown in March that followed some of the worst winter weather in nearly 30 years, a survey showed on Wednesday. The Investec Services Purchas

Published 07 Jun, 2018 12:00am

Unloved Airbus A380s to be stripped for parts

Two Airbus A380 superjumbos once flown by Singapore Airlines are to become the first of the iconic doubledeckers to be stripped for parts, after a German leasing firm failed to find a new operator for them. The Dr Peters investment group said Tuesday that

Published 07 Jun, 2018 12:00am

Qatar Airways boss says sorry for sexist remark

Qatar Airways' outspoken boss Akbar al-Baker on Wednesday issued "heartfelt apologies" for saying that a woman could not do his job because it was too challenging. Baker stirred negative headlines for the Gulf carrier with his sexist remark at the Interna

Published 07 Jun, 2018 12:00am

Merkel predicts 'contentious' G7 summit with Trump

German Chancellor Angela Merkel said Wednesday she expected "contentious discussions" at a G7 summit this week, given differences with US President Donald Trump on trade, climate and security. Speaking two days before the Canada meeting of the club of maj

Published 07 Jun, 2018 12:00am

Currency

Ethiopia to end boundary row with Eritrea, open for foreign investment

The Ethiopian government led by new premier Abiy Ahmed announced a slew of reforms on Tuesday, including ending its border dispute with Eritrea and opening key economic sectors, among them Ethiopian Airlines, to foreign investment.

Published 07 Jun, 2018 12:00am

Wall Street Journal names Matt Murray as editor-in-chief

The Wall Street Journal on Tuesday named veteran journalist Matt Murray as its editor-in-chief, replacing Gerard Baker - who oversaw a tumultuous period as the business daily shifted its focus to digital. Murray, who assumes the new role next Monday, has

Published 07 Jun, 2018 12:00am

Nearly 200 missing, 75 dead from Guatemala volcano

Nearly 200 people are missing and at least 75 have been killed since Guatemala's Fuego volcano began erupting over the weekend, officials said Tuesday. Seven communities in already devastated areas were evacuated as the volcano's activity increased, with

Published 07 Jun, 2018 12:00am

NATO rejects Qatar membership ambition

NATO on Wednesday declined an overture by Qatar to join the Western military defence alliance, saying membership was reserved to the United States and Europe. It was responding to a comment by Qatar's defence minister on Tuesday that his country's long-te

Published 07 Jun, 2018 12:00am

Iran 'preparing activities' in case nuclear deal fails

Iran said Wednesday it was in "preparatory works" to restart nuclear activities in the event of the failure of the 2015 accord between Iran and world powers. In such a scenario, Iran could "restart its activities without any limits," Iran's ambassador to

Published 07 Jun, 2018 12:00am

Frenchman bags second million-euro lottery win

A Frenchman has won a million euros twice in the last eighteen months on the same lottery, media reported Wednesday, a feat mathematicians said carried odds of around 16 trillion to one.

Published 07 Jun, 2018 12:00am

Plane with 10 aboard goes missing in Kenya

Rescue teams on Wednesday were looking for a small plane with 10 people on board that went missing north of the Kenyan capital Nairobi, the aircraft owners and the nnational disaster agency said The plane, operated by East African Safari Air Express, took

Published 07 Jun, 2018 12:00am

Boeing says it will not deliver any aircraft to Iran

Boeing will not deliver aircraft to Iran in light of US sanctions, effectively aborting a pair of large contracts with Iranian carriers, a Boeing spokesman said Wednesday. "We have not delivered any aircraft to Iran, and given we no longer have a license

Published 07 Jun, 2018 12:00am

Spain's new PM unveils pro-EU government dominated by women

Spain's Socialist Prime Minister Pedro Sanchez on Wednesday unveiled a new pro-EU government with the most women in modern history, with 11 female and six male ministers. The new executive composed by the 46-year-old, who ousted conservative veteran Maria

Published 07 Jun, 2018 12:00am

UK warns EU's 'dogmatic' approach to Brexit risks lives

British Brexit Minister David Davis accused the EU on Wednesday of risking the security of European citizens by taking a "dogmatic" approach to security cooperation after Britain leaves the bloc. Davis said the new partnership Britain was seeking with the

Published 07 Jun, 2018 12:00am

Sweden marks national day with major military exercise

Marking national day on Wednesday, Sweden called up 22,000 reservists for an exercise of a scale not seen in 40 years as tensions simmer between the West and Russia.

Published 07 Jun, 2018 12:00am

120 firefighters tackle blaze at central London hotel

Fire broke out at London's Mandarin Oriental hotel on Tuesday, with dozens of firefighters deployed to tackle the blaze that pumped smoke high into the air over the British capital. The fire brigade said "around 120 firefighters" and 20 fire engines were

Published 07 Jun, 2018 12:00am

Currency

Euro surges in Asia

The euro held firm on Wednesday as investors started to focus on the European Central Bank's policy meeting next week, while concerns that the United States could pull out of a trade pact with Canada and Mexico hit the peso and the Canadian dollar.

Published 07 Jun, 2018 12:00am

Currency

Euro rises to 10-day high in Europe

The euro rose to a 10-day high on Wednesday after officials said the European Central Bank (ECB) could wind down its stimulus programme by end-2018 and that inflation was rising back to its target. Having revived growth with an unprecedented 2.55 trillion

Published 07 Jun, 2018 12:00am

Currency

Early trade in New York; euro boosted by upbeat ECB comments

The euro rose to a nearly two-week high against the dollar on Wednesday after officials said the European Central Bank could wind down its stimulus program by the end of the year, as inflation has risen to its target. Europe's common currency was on track

Published 07 Jun, 2018 12:00am

Currency

Dollar reverses gains as euro rallies in New York

The dollar fell on Tuesday, reversing gains to a near six-month high, as the euro rallied after Italian Prime Minister Giuseppe Conte said the government had never considered leaving the euro zone.

Published 07 Jun, 2018 12:00am

Currency

Sri Lankan rupee hits fresh low

The Sri Lankan rupee touched the lowest level since last week on Wednesday, as importer dollar demand surpassed mild selling of the greenback by exporters, dealers said. The spot rupee ended at 158.75/90, weaker from Tuesday's close of 158.60/75. It hit a

Published 07 Jun, 2018 12:00am

Currency

Most currencies up against weaker dollar

Most Asian emerging market currencies strengthened against the dollar, which had weakened in the face of a firm euro on Wednesday, with markets awaiting direction from next week's meetings of the US Federal Reserve and the European Central Bank.

Published 07 Jun, 2018 12:00am

Bangladesh's interbank forex rates

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

Published 07 Jun, 2018 12:00am

Yuan edges up

China's yuan rose to a more than one-week high against the US dollar on Wednesday helped by firmer central bank guidance, but gains were capped by rising corporate demand for the greenback. Prior to market opening, the People's Bank of China (PBOC) set th

Published 07 Jun, 2018 12:00am

Currency

Sterling climbs

Sterling rose on Wednesday as a weaker dollar and better-than-expected data earlier in the week buoyed the pound, but analysts said the British currency remained stuck in a trading range until there was more clarity about the economy and Brexit talks.

Published 07 Jun, 2018 12:00am

Currency

Aussie, kiwi climb

The Australian dollar jumped to a six-week top on Wednesday after data showed the country's economy expanded at a faster-than-expected pace last quarter, while New Zealand's currency held near one-month highs. Gross domestic product (GDP) rose by 1 percen

Published 07 Jun, 2018 12:00am

Stimulus plan boosts Abu Dhabi, Saudi index ends six-day surge

Major Middle Eastern stock markets were mixed on Wednesday with news of a 50 billion dirham ($13.6 billion) economic stimulus plan boosting Abu Dhabi while Saudi Arabia pulled back after six straight days of gains. The Abu Dhabi index added 0.8 percent wi

Published 07 Jun, 2018 12:00am

Tokyo stocks higher on cheaper yen

Tokyo stocks rose Wednesday as a weaker yen boosted exporters, while investors keep an eye on brewing trade tensions and geopolitical issues. The benchmark Nikkei 225 index added 0.38 percent, or 86.19 points, to close at 22,625.73, while the broader Topi

Published 07 Jun, 2018 12:00am

Wednesday's early trade: banks lift S&P; Tesla drives Nasdaq to record high

Wall Street edged higher on Wednesday as banks stocks lifted the S&P 500 and the Dow, while gains for Amazon and Tesla helped the Nasdaq notch another day of record gains. Tesla shares rose 6.1 percent after billionaire Chief Executive Officer Elon Musk r

Published 07 Jun, 2018 12:00am

Nasdaq ends at record close, S&P edges higher

The Nasdaq closed at a record high for the second day in a row with help from the technology and consumer discretionary sectors, while the S&P 500 edged higher as investors eyed solid US economic data. However, bank stocks declined along with US Treasury

Published 07 Jun, 2018 12:00am

Sri Lankan shares down

Sri Lankan shares ended slightly weaker on Wednesday, hovering near their lowest close in over five months hit earlier in the week, led by diversified shares such as John Keells Holdings Plc, while foreign buying helped boost the turnover.

Published 07 Jun, 2018 12:00am

Treasury yields fall as worries about Italy resurface

US Treasury yields fell on Tuesday as traders piled back into lower-risk government debt after Italy's new prime minister vowed to enact economic policies that could balloon the nation's already-heavy debt load. Traders lightened their Italian bonds in fa

Published 07 Jun, 2018 12:00am

Treasury yields fall as worries about Italy resurface

Published 07 Jun, 2018 12:00am

Hong Kong stocks up fifth straight session

Hong Kong shares ended higher on Wednesday, clocking a fifth straight session of gains, with investors keeping an eye on the latest developments in Sino-US trade talks. The Hang Seng index rose 0.5 percent, to 31,259.10, while the China Enterprises Index

Published 07 Jun, 2018 12:00am

Currency

Indian shares surge

Indian shares snapped a three-day losing streak to end higher on Wednesday after the country's central bank raised the benchmark interest rates for the first time in over four years. The Reserve Bank of India's monetary policy committee lifted the repo ra

Published 07 Jun, 2018 12:00am

Shanghai shares flat

Shanghai stocks ended flat on Wednesday, as gains in transport and material firms were offset by losses in banking and real estate shares. The blue-chip CSI300 index ended 0.2 percent lower at 3,837.35 points, while the Shanghai Composite Index closed fla

Published 07 Jun, 2018 12:00am

European stocks close flat after a choppy session

European stocks closed flat on Wednesday at the end of a choppy session during which hawkish comments by the European Central Bank lifted the euro and bond yields. The pan-European STOXX 600 index ended the day unchanged with bourses closing in different

Published 07 Jun, 2018 12:00am

Australian shares up, New Zealand at record again

Australian shares posted broad-based gains led by mining stocks on Wednesday but banks fell after the country's competition watchdog laid charges against top lender Australia and New Zealand Banking for alleged cartel behaviour.

Published 07 Jun, 2018 12:00am

Most South East Asian stocks up

Most Southeast Asian stock markets ended higher on Wednesday, with Malaysia gaining over 1 percent after the country's central bank governor resigned, while Vietnam extended its winning run to a fifth straight session. Malaysia's newly elected prime minis

Published 07 Jun, 2018 12:00am

Currency

Miners help British stocks outperform; packager RPC sinks

Gains among mining stocks on stronger metal prices helped British shares outperform a sluggish European equity market on Wednesday, while packaging firm RPC sold off sharply after updating investors on its spending plans. The commodity-heavy FTSE 100 inde

Published 07 Jun, 2018 12:00am

Protesters defiant as Jordanians strike over tax bill

Doctors, lawyers and teachers staged a strike across Jordan on Wednesday in protest over IMF-backed austerity measures including a proposed income tax law that have sparked a week of angry demonstrations. Lawyers in black robes were among more than 1,000

Published 07 Jun, 2018 12:00am

Australia posts strongest growth in two years

Australia lived up to its "lucky country" nickname on Wednesday, posting the strongest annual economic expansion in nearly two years last quarter and extending a 27-year run of recession-free growth. Gross domestic product (GDP) rose by 1 percent in the f

Published 07 Jun, 2018 12:00am

Abu Dhabi announces stimulus package

Abu Dhabi Crown Prince Mohammed bin Zayed has announced a 50-billion dirham ($13.6 billion, 11.6 billion euro) stimulus package over the next three years, as the emirate seeks to boost its flagging economy. He also announced a series of economic initiativ

Published 07 Jun, 2018 12:00am

Microsoft sinks data centre off Scottish island

US tech giant Microsoft has submerged a data centre off the Orkney archipelago in northern Scotland in a project to save on the energy used to cool the servers on land, the firm said Wednesday. The Northern Isles data centre consists of a 40-foot (12.2 me

Published 07 Jun, 2018 12:00am

EU says tit-for-tat tariffs against US ready in July

The EU on Wednesday said a raft of retaliatory tariffs, including on whiskey and motorcycles, against painful metals duties imposed by the US would be ready as early as July. The European Commission, which handles trade matters for the 28-country bloc, "e

Published 07 Jun, 2018 12:00am

No agreement yet between US, China on ZTE: Trump aide

The United States and China have not yet reached a deal on Chinese telecoms giant ZTE that would lift crippling sanctions against the company, top US economic advisor Larry Kudlow said Wednesday. "No decision has been reached by both sides as of now," Kud

Published 07 Jun, 2018 12:00am

Canada's Trudeau rejects US proposal for bilateral trade pact

Canadian Prime Minister Justin Trudeau on Wednesday rejected a US proposal to scrap the North American Free Trade Agreement in favor of a bilateral trade pact. "We have, on various occasions, heard the president speak about his interest or his musings abo

Published 07 Jun, 2018 12:00am

EU agrees price cap on cross border calls

The European Union agreed to cap prices on intra-EU phone calls on Wednesday in a move hailed by MEPs as a victory for Brussels but dismissed as a populist stunt by critics. The decision comes a year after the "free roaming" revolution, in which Europeans

Published 07 Jun, 2018 12:00am

Malaysia central bank chief quits after 1MDB-linked scandal

Malaysia's central bank governor has resigned, the prime minister said Wednesday, after claims the bank helped the previous regime cover debts linked to a financial scandal by purchasing government land. Muhammad Ibrahim's days had looked numbered since t

Published 07 Jun, 2018 12:00am

Currency

Rising exports push US trade deficit to seven-month low

The US trade deficit fell to a seven-month low in April as exports rose to a record high, lifted by an increase in shipments of industrial materials and soybeans. Wednesday's report from the Commerce Department was the latest sign of robust economic growt

Published 07 Jun, 2018 12:00am

India hikes interest rates for first time in four years

India's central bank raised interest rates for the first time in over four years Wednesday, highlighting concerns over rising inflation. The Reserve Bank of India (RBI) said the benchmark repo rate - the level at which it lends to commercial banks -- woul

Published 07 Jun, 2018 12:00am

Foreign investment tumbles in 2017: UN

Worldwide foreign direct investment dropped by nearly a quarter last year, a United Nations agency reported Wednesday, with African countries particularly heavily affected. The United States as well as Brexit-bound Britain also saw sharp declines in FDI i

Published 07 Jun, 2018 12:00am

Copper hits 3-1/2 month high, Chile supply concerns linger

Copper hit a 3-1/2 month high on Wednesday as the dollar fell sharply, concerns lingered over possible supply disruptions in Chile and buying momentum picked up after the metal broke key technical levels. Nickel and zinc hit their highest in more than a m

Published 07 Jun, 2018 12:00am

European refiners winding down purchases of Iranian oil

European refiners are winding down oil purchases from Iran, closing the door on a fifth of the Opec member's crude exports after the United States imposed sanctions on Tehran, company and trading sources said. The drop in crude purchases from the Islamic

Published 07 Jun, 2018 12:00am

Oil falls on US crude build; global supply seen rising

Oil prices fell on Wednesday on worries that global supply is climbing after US inventories rose unexpectedly and Saudi Arabia and other big producers signalled that they may increase output. US crude inventories rose 2.1 million barrels in the week to Ju

Published 07 Jun, 2018 12:00am

Currency

Tokyo rubber bounces back

Benchmark Tokyo rubber futures ended higher on Wednesday, edging up from a five-week low hit in the previous session, buoyed by a weaker yen against the greenback and as Shanghai futures recovered from early losses, dealers said. "A yen's slide and Shangh

Published 07 Jun, 2018 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

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

Published 07 Jun, 2018 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

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

Published 07 Jun, 2018 12:00am

Vegetable Oil

Palm oil extends losses to near one-month low

Malaysian palm oil futures extended losses on Wednesday, hitting their lowest in nearly a month, as weak exports and waning demand during the otherwise high-consumption period of Ramadan. The palm oil contract for August delivery on the Bursa Malaysia Der

Published 07 Jun, 2018 12:00am

ICE cocoa springs back, arabica coffee falls again

Cocoa futures on ICE rebounded from three-month lows on Wednesday, as the markets found support around their 200-day moving averages after plunging 7 percent earlier this week, while arabica coffee fell for the fourth straight session. July New York cocoa

Published 07 Jun, 2018 12:00am

Gold rises in New York

Gold prices increased on Tuesday as the dollar retreated slightly from close to a six-month high even as strong US economic data sealed the case for the US Federal Reserve to increase interest rates. US services sector activity accelerated in May, pointin

Published 07 Jun, 2018 12:00am

Gold edges up in Asia

Gold prices inched up on Wednesday on a weaker US dollar and lower treasury yields, but expectations of a US rate rise next week kept a lid on gains. Spot gold was up 0.3 percent at $1,298.98 per ounce at 0635 GMT.

Published 07 Jun, 2018 12:00am

Gold gains in Europe

Gold held firm on Wednesday, supported by a weaker dollar and trade tensions as the market looked ahead to an expected US rate hike next week when the Federal Reserve meets. Spot gold was up 0.4 percent at $1,300.6 an ounce at 1453 GMT while US gold futur

Published 07 Jun, 2018 12:00am

US MIDDAY: wheat, corn and soyabeans up

Following are US trade expectations for the resumption of grain and soya complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Wednesday. Wheat up 6 to 7 cents per bushel. It rose for a second straight day on technical buying after

Published 07 Jun, 2018 12:00am

US MIDDAY: gold flat

Gold prices were steady on Wednesday, see-sawing in a narrow range as a weaker dollar and trade tensions provided support but investor anticipation of a US rate hike from the Federal Reserve next week weighed on prices. Spot gold was flat at $1,295.80 per

Published 07 Jun, 2018 12:00am

Trump fires aide who joked about 'dying' war hero John McCain

Donald Trump has sacked an aide who said cancer-stricken Senator John McCain's opposition to a presidential nominee did not matter because "he's dying anyway," the White House announced Tuesday. The White House was roiled by bipartisan fury over the remar

Published 07 Jun, 2018 12:00am

Italy's new populist government formally takes reins

Italy's new populist government officially took the reins of the eurozone's third largest economy Wednesday after winning parliamentary backing. The alliance between the anti-establishment Five Star Movement (M5S) and the far-right League was approved by

Published 07 Jun, 2018 12:00am

Palestinian shot dead

A Palestinian who threw a rock at Israeli troops in the occupied West Bank was shot dead by a soldier Wednesday, the Israeli army said. It said the troops were on a search and arrest operation in the village of Nabi Saleh, northwest of Ramallah, when they

Published 07 Jun, 2018 12:00am

May tells Netanyahu of concern over Gaza clashes

British Prime Minister Theresa May told Israeli counterpart Benjamin Netanyahu on Wednesday that London is "concerned" about Palestinian deaths on the Gaza border, as he insisted the protests were driven by Hamas. As the pair met at her Downing Street off

Published 07 Jun, 2018 12:00am

New crew blasts off for ISS

A relatively inexperienced crew of two astronauts and a cosmonaut blasted off Wednesday from the Baikonur cosmodrome in Kazakhstan for a five-month mission on the International Space Station. German Alexander Gerst of the European Space Agency, NASA's Ser

Published 07 Jun, 2018 12:00am

Father kills son outside school in South Africa gun tragedy

In a freak accident, a man shot dead his 14-year-old son outside his school in South Africa where he had been waiting to collect him after classes, police said Wednesday. Police have arrested the father, 50, who is expected to appear in court on Thursday.

Published 07 Jun, 2018 12:00am

Iraq parliament orders full election recount

Iraq's parliament Wednesday ordered a manual recount of the May 12 legislative elections and sacked the commission which oversaw the polls that resulted in a surprise victory for a populist Shiite cleric. After several failed attempts because of a lack of

Published 07 Jun, 2018 12:00am

Democrats avert California debacle, gear up for midterms

Democrats avoided disastrous shutouts from key California races following Tuesday's primaries, keeping them on track for strong showings in the liberal-leaning state that the party hopes will help them retake the US Congress later this year. Buoyed by opp

Published 07 Jun, 2018 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Cotton US¢/pound / Nov 23	70.77
Petrol/Litre / Nov 24	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 24 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 24 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 24 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 24 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 24 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 24 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 24 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 24 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 24 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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