News Archives for Print - 2018-06-21

General elections: media should support good people: minister

Sindh caretaker Minister for Information, Law, Environment and Information Technology Jameel Yusuf has said that media should highlight and support good people so that they should be elected to achieve the very purpose of free, fair and impartial election

Published 21 Jun, 2018 12:00am

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

National Clearing Company declares daily settlement information for local & foreign investors on Wednesday (June 20, 2018).

Published 21 Jun, 2018 12:00am

Three companies qualify for LNG tender

Three companies have qualified for a liquefied natural gas (LNG) buy tender issued by Pakistan LNG, according to a notice issued by the company and reviewed by Reuters on Wednesday.

Published 21 Jun, 2018 12:00am

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Wednesday (June 20, 2018)

Published 21 Jun, 2018 12:00am

FDI scene depicts dismal performance in 11 months

RECORDER REPORT KARACHI: Despite a massive surge in Foreign Direct Investment (FDI) from China under the CPEC, overall FDI has presented a dismal performance during the first eleven months (July-May) of this fiscal year (FY18). Economists said foreign i

Updated 21 Jun, 2018 08:14am

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Wednesday (June 20, 2018)

Published 21 Jun, 2018 12:00am

FDI scene depicts dismal performance in 11 months

RECORDER REPORT KARACHI: Despite a massive surge in Foreign Direct Investment (FDI) from China under the CPEC, overall FDI has presented a dismal performance during the first eleven months (July-May) of this fiscal year (FY18). Economists said foreign i

Updated 21 Jun, 2018 08:15am

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Wednesday (June 20, 2018)

Published 21 Jun, 2018 12:00am

FDI scene depicts dismal performance in 11 months

RECORDER REPORT KARACHI: Despite a massive surge in Foreign Direct Investment (FDI) from China under the CPEC, overall FDI has presented a dismal performance during the first eleven months (July-May) of this fiscal year (FY18). Economists said foreign i

Updated 21 Jun, 2018 08:13am

Member to Member

The following transactions member to member subsequently reported on Wednesday (June 20, 2018).

Published 21 Jun, 2018 12:00am

Nations defend UN rights council after US pullout

Diplomats from across the globe defended the United Nations Human Rights Council on Wednesday after the United States withdrew from a body it branded an anti-Israel "cesspool." Slovenian ambassador Vojislav Suc, who currently holds the council's rotating

Published 21 Jun, 2018 12:00am

Cross Transactions between Client to Client & Financial Institutions

The following were the cross transactions between client to client & financial institutions here on Wednesday (June 20, 2018).

Published 21 Jun, 2018 12:00am

Nations defend UN rights council after US pullout

Diplomats from across the globe defended the United Nations Human Rights Council on Wednesday after the United States withdrew from a body it branded an anti-Israel "cesspool." Slovenian ambassador Vojislav Suc, who currently holds the council's rotating

Published 21 Jun, 2018 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (June 20, 2018).

Published 21 Jun, 2018 12:00am

Cotton

Textile exports up by 28.42 percent in May

Exports of textile group registered a growth of 28.42 percent in May 2018 and increased to US $1.204 billion from US $ 937.723 million for the same month a year before. According to Pakistan Bureau of Statistics (PBS) data for selected commodities release

Published 21 Jun, 2018 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (June 20, 2018).

Published 21 Jun, 2018 12:00am

Cotton

Textile exports up by 28.42 percent in May

Exports of textile group registered a growth of 28.42 percent in May 2018 and increased to US $1.204 billion from US $ 937.723 million for the same month a year before. According to Pakistan Bureau of Statistics (PBS) data for selected commodities release

Published 21 Jun, 2018 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (June 20, 2018).

Published 21 Jun, 2018 12:00am

Cotton

Textile exports up by 28.42 percent in May

Exports of textile group registered a growth of 28.42 percent in May 2018 and increased to US $1.204 billion from US $ 937.723 million for the same month a year before. According to Pakistan Bureau of Statistics (PBS) data for selected commodities release

Published 21 Jun, 2018 12:00am

Currency

THE RUPEE: dollar at Rs 124.50

The dollar crossed an important level of Rs 124.50 in the currency market on Wednesday in the process of trading activity, dealer said. Marketmen said the rupee might not depict sharp gain versus the dollar in the near future, because the rupee has alread

Published 21 Jun, 2018 12:00am

Currency

Deutsche Bank fined $205 million in US for forex manipulation

US officials fined embattled German banking giant Deutsche Bank $205 million in a settlement to resolve foreign exchange market manipulation violations, New York's top banking regulator announced Wednesday. Deutsche Bank's violations included improperly c

Published 21 Jun, 2018 12:00am

Currency

THE RUPEE: dollar at Rs 124.50

The dollar crossed an important level of Rs 124.50 in the currency market on Wednesday in the process of trading activity, dealer said. Marketmen said the rupee might not depict sharp gain versus the dollar in the near future, because the rupee has alread

Published 21 Jun, 2018 12:00am

Currency

Deutsche Bank fined $205 million in US for forex manipulation

US officials fined embattled German banking giant Deutsche Bank $205 million in a settlement to resolve foreign exchange market manipulation violations, New York's top banking regulator announced Wednesday. Deutsche Bank's violations included improperly c

Published 21 Jun, 2018 12:00am

Kerb

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Wednesday (June 20, 2018).

Published 21 Jun, 2018 12:00am

Currency

Deutsche Bank fined $205 million in US for forex manipulation

US officials fined embattled German banking giant Deutsche Bank $205 million in a settlement to resolve foreign exchange market manipulation violations, New York''s top banking regulator announced Wednesday. Deutsche Bank''s violations included improperly

Published 21 Jun, 2018 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Wednesday (June 20, 2018).

Published 21 Jun, 2018 12:00am

At least 60 dead after migrant boat sinks

At least 60 migrants died in the Mediterranean sea when their rubber dinghy sank last week, according to survivor testimonies gathered by a rights group in Sicily. The Diciotti, an Italian coastguard ship carrying more than 500 migrants, docked Tuesday ni

Published 21 Jun, 2018 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (June 20, 2018).

Published 21 Jun, 2018 12:00am

At least 60 dead after migrant boat sinks

At least 60 migrants died in the Mediterranean sea when their rubber dinghy sank last week, according to survivor testimonies gathered by a rights group in Sicily. The Diciotti, an Italian coastguard ship carrying more than 500 migrants, docked Tuesday ni

Published 21 Jun, 2018 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (June 20, 2018).

Published 21 Jun, 2018 12:00am

Nawaz family: IHC directs NAB to proceed with trial

Islamabad High Court (IHC) Wednesday directed National Accountability Bureau (NAB) to proceed with the trial regarding references against former prime minister Nawaz Sharif and his family members in accountability court. A division bench comprising Justic

Published 21 Jun, 2018 12:00am

Kerb

Pakistan Economic Indicators

Pakistan Economic Indicators - Wednesday (June 20, 2018).

Published 21 Jun, 2018 12:00am

Nawaz family: IHC directs NAB to proceed with trial

Islamabad High Court (IHC) Wednesday directed National Accountability Bureau (NAB) to proceed with the trial regarding references against former prime minister Nawaz Sharif and his family members in accountability court. A division bench comprising Justic

Published 21 Jun, 2018 12:00am

Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (June 20, 2018).

Published 21 Jun, 2018 12:00am

ECP makes asset details of Maryam, Imran, Zardari public

The Election Commission of Pakistan (ECP) Wednesday shared information pertaining to assets of prominent electoral candidates including former President Asif Ali Zardari, Pakistan Tehreek-e-Insaf Chairman Imran Khan and Pakistan Muslim League-Nawaz leader

Published 21 Jun, 2018 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Wednesday (June 20, 2018).

Published 21 Jun, 2018 12:00am

ECP makes asset details of Maryam, Imran, Zardari public

The Election Commission of Pakistan (ECP) Wednesday shared information pertaining to assets of prominent electoral candidates including former President Asif Ali Zardari, Pakistan Tehreek-e-Insaf Chairman Imran Khan and Pakistan Muslim League-Nawaz leader

Published 21 Jun, 2018 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (June 20, 2018)

Published 21 Jun, 2018 12:00am

Saudi, Iran face off ahead of tense Opec meet

Saudi Arabia insisted Wednesday it would do "whatever is needed" to avoid oil supply shortages, setting the stage for a showdown with archfoe Iran ahead of crunch Opec talks on easing a production-cut pact. "We will do whatever is needed to maintain marke

Published 21 Jun, 2018 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (June 20, 2018).

Published 21 Jun, 2018 12:00am

Compelling brokers to honour commitments

Stock exchanges play an important role in promoting economic development in a country but such a function can only be performed smoothly and efficiently if it is properly regulated and any disruption in its working is avoided so far as possible. In order

Published 21 Jun, 2018 12:00am

LME official prices

The following were Tuesday official prices.

Published 21 Jun, 2018 12:00am

IHK under global focus

Chanakya was a shrewd political theoretician whose pearls of wisdom are still relevant today particularly for the Hindutva spirit-driven BJP that has been ruling not only at Centre but also in as many as 18 of India's 29 states even after quitting the Peo

Published 21 Jun, 2018 12:00am

LME official prices

The following were Tuesday official prices.

Published 21 Jun, 2018 12:00am

Friends and Masters

Altaf Gauhar was no intellectual lightweight. A little odd, then, for him to choose Friends not Masters as title of the book he ghosted for Ayub. For a man of his erudition he couldn't have been unfamiliar with the discourse on neo-colonialism that was ri

Updated 21 Jun, 2018 08:08am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (June 20, 2018).

Published 21 Jun, 2018 12:00am

What actually constitutes leadership?

Leadership is still a designation in this country; Leadership is still a seat of power in this country; Leadership is still a title with its perks and benefits in this country; Leadership is still a family heritage in this country. And that explains why w

Published 21 Jun, 2018 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (June 20, 2018).

Published 21 Jun, 2018 12:00am

Downed but not out: Expulsion no body blow for GE shareholders

New York General Electric Co's expulsion from the elite Dow Jones Industrial Average may be a bitter pill to swallow for shareholders, but it could be little more than a publicity blow for investors in the 126-year-old struggling US conglomerate. While th

Published 21 Jun, 2018 12:00am

The Weather

The weather report on Wednesday (June 20, 2018) and the forecast for Thursday (June 21, 2018).

Published 21 Jun, 2018 12:00am

Beleaguered railways

It is quite interesting to note that the caretaker setup has also taken notice of a traditionally beleaguered Railways. Their act clearly demonstrate a sincerity of purpose. How ironic however it is that the outgoing PML-N government did little or nothing

Published 21 Jun, 2018 12:00am

Desalination may help Pakistan meet ever-growing water needs: report

Desalination of seawater can bring enormous opportunities for Pakistan to meet growing agricultural and civil water requirements by devising innovative financing models to meet the higher cost of projects related to desalinate the seawater, revealed a rep

Published 21 Jun, 2018 12:00am

Woman among four militants killed in Mastung operation

Security force including Counter Terrorism Department (CTD) and Frontier Corps (FC) shot dead a woman among four militants in an encounter while carrying successful operation at Dasht area of Mastung district on Wednesday early morning.

Published 21 Jun, 2018 12:00am

ABAD urges government to extend Tax Amnesty Scheme for six months

Association of Builders and Developers of Pakistan (ABAD) has requested the caretaker government to extend Tax Amnesty Scheme to at least six months.

Published 21 Jun, 2018 12:00am

Interior Minister's appointment challenged

A PPP candidate for NA-133 Faisal Mir on Wednesday challenged the appointment of interim Interior Minister Azam Khan for allowing Syed Zulfi Bukhari alias Zulfi Bukhari to go with PTI Chief Imran Khan for performing Umrah.

Published 21 Jun, 2018 12:00am

AGP resigns ahead of general elections

Attorney General for Pakistan Ashtar Ausaf Wednesday submitted his resignation to President Mamnoon Hussain in wake of upcoming general election 2018. The sources in the AGP Office shared with Business Recorder that Ashtar Ausaf had resigned from h

Published 21 Jun, 2018 12:00am

Zulfi's name on ECL: IHC issues notices to defence, home secretaries

Islamabad High Court Wednesday issued notices to respondents in a petition seeking the court's directions to investigate the issue of removing Zulfi Bukhari's name from the ECL and usage of Noor Khan Airbase for facilitating the departure of private perso

Published 21 Jun, 2018 12:00am

Massive reshuffling in Punjab police, bureaucracy

In order to ensure free and fair general elections, the Punjab caretaker government has made a massive administrative reshuffle in the police and civil bureaucracy across the province.

Published 21 Jun, 2018 12:00am

Parliamentary panel voices concern over leakage of data by Nadra

A parliamentary panel on Wednesday expressed concern over leakage of sensitive data by National Database and Registration Authority (Nadra) to help out Pakistan Muslim League-Nawaz (PML-N) in forthcoming general election.

Published 21 Jun, 2018 12:00am

NA-53, Islamabad-II: Imran challenges rejection of nomination papers

Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan Wednesday challenged the returning officer's (RO) decision to reject his nomination papers for contesting election from NA-53, Islamabad-II, on technical grounds. The counsel for the PTI chairman, Babar A

Published 21 Jun, 2018 12:00am

Minister says Imran didn't make a call for removing Zulfi's name from blacklist

Caretaker Interior Minister Muhammad Azam Khan Wednesday said that Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan had not called him to remove Zulfi Bukhari's name from the blacklist. Talking to journalists here, Muhammad Azam Khan said that an undert

Published 21 Jun, 2018 12:00am

Election tribunal dismisses appeals of three candidates

An election tribunal on Wednesday dismissed appeals of three candidates including two females on reserved seats challenging rejection of their nomination papers.

Published 21 Jun, 2018 12:00am

New faces will be in majority in assemblies: Siraj

Ameer Jamaat-e-Islami, Pakistan, Senator Sirajul Haq, has said that the corrupt political leadership of the country did not seem to have any role in the future and if the elections were fair and transparent, new faces would be in a majority in the assembl

Published 21 Jun, 2018 12:00am

Avenfield reference: Haris records final Arguments

Former Prime Minister Nawaz Sharif's counsel on Wednesday said that prosecution has neither produced any witness nor any document to prove that his client is the benamidar or real owner of two offshore companies, Nielson and Nescoll, holding the Avenfield

Published 21 Jun, 2018 12:00am

Pakistan HC testifies before APPG on Kashmir HR violations

Syed Ibne Abbas, Pakistan High Commissioner to the UK testified at the UK Parliament on human rights violations in the Indian Occupied Kashmir (IOK). Chris Leslie MP, Chairperson APPG on Kashmir chaired the meeting. The testimony was made before the All P

Published 21 Jun, 2018 12:00am

Death of children in Mithi: SC orders completion of investigations in two weeks

Supreme Court (SC) on Wednesday constituted a commission to probe the actions taken by Sindh Health Department to prevent the death of children in Mithi District of the province and ordered it to complete the investigations in two weeks time.

Published 21 Jun, 2018 12:00am

Minister stresses need for undertaking uplift projects in Fata

Minister for Law and Justice Barrister Syed Ali Zafar while chairing a meeting of the committee constituted by the Prime Minister for facilitating FATA's and PATA's merger with Khyber Pakhtunkhwa on Wednesday said that socio-economic progress and developm

Published 21 Jun, 2018 12:00am

Navy to celebrate World Hydrography Day today

World Hydrography Day (WHD) is celebrated worldwide on June 21 every year with an aim of giving suitable publicity to the work of International Hydrographic Organisation (IHO), urging all states to work with the organisation to promote safe navigation in

Published 21 Jun, 2018 12:00am

Directions to ECP can't be issued now: LHC

The Lahore High Court on Wednesday observed that directions to the Election Commission of Pakistan (ECP) cannot be issued at this juncture to add NOTA (none of the above) in ballot papers. The court was hearing a petition of a citizen Waseem Rana seeking

Published 21 Jun, 2018 12:00am

PSX approves listing of UBL Fund

Pakistan Stock Exchange has approved the formal listing and quotation of the units of UBL Financial Sector Fund, an Open-End Fund on the Exchange with effect from Thursday, (June 21), 2018.

Published 21 Jun, 2018 12:00am

PSX approves listing of UBL Fund

Pakistan Stock Exchange has approved the formal listing and quotation of the units of UBL Financial Sector Fund, an Open-End Fund on the Exchange with effect from Thursday, (June 21), 2018.

Published 21 Jun, 2018 12:00am

SECP notifies AML & CFT Regulations, 2018

The Securities and Exchange Commission of Pakistan (SECP) notified Anti Money Laundering and Countering Financing of Terrorism Regulations, 2018. The Regulations are fully compliant with Financial Action Task Force (FATF) Recommendations, which are mandat

Published 21 Jun, 2018 12:00am

Tax Amnesty scheme: FBR sets up facilitation cell

In order to facilitate general public to avail the Tax Amnesty 2018 scheme, Federal Board of Revenue (FBR) has established a dedicated facilitation cell, led by Member (IT), which will be available 24x7 till the closing of the amnesty scheme.

Published 21 Jun, 2018 12:00am

Use of luxury vehicles: SC declares Sindh government's notification 'null & void'

Supreme Court (SC) on Wednesday declared the notification of Sindh Government null & void for use of luxury vehicles by ministers and clubbed the applications of all provinces on use of luxury vehicles to be heard in Islamabad. At Karachi Registry of SC,

Published 21 Jun, 2018 12:00am

Wooden pallet: 'Phytosanitary certification mandatory for exports'

The customs department has now made phytosanitary certificate mandatory for all exports of wooden pallet and wooden packing material to the member states of European Union (EU).

Published 21 Jun, 2018 12:00am

KDA to restore vacated grounds for sports activities

The Karachi Development Authority (KDA) on Wednesday decided to hand over all those grounds which have been got vacated after removing encroachments to its Sports department to restore for sports activities. It was decided in an urgent meeting chaired by

Published 21 Jun, 2018 12:00am

KCCI urges government to extend date of amnesty scheme

President Karachi Chamber of Commerce and Industry (KCCI) Muffasar Atta Malik urged the interim government, which is facing difficulties in reducing more pressure on dwindling foreign exchange reserves, to review the entire situation and accordingly annou

Published 21 Jun, 2018 12:00am

SC orders shifting of oil terminal to Zulfiqarabad in 15 days

Supreme Court of Pakistan on Wednesday ordered the shifting of oil tankers' terminal from Shireen Jinnah Colony to Zulfiqarabad in 15 days and declared that no oil tanker should be seen parked at Shireen Jinnah Colony after 15 days.

Published 21 Jun, 2018 12:00am

US crude jumps on stock draw; Brent slips ahead of OPEC meet

US crude futures rose nearly 2 percent on Wednesday, supported by a drop in domestic inventories, while Brent edged down ahead of an OPEC meeting later this week that may result in increased global production. US crude inventories fell 5.9 million barrels

Published 21 Jun, 2018 12:00am

Police wanted to conceal Raiwind suicide attack: Ex-CCPO

The Punjab police had tried to conceal the Raiwind suicidal attack targeting congregational site of the Raiwind Tablighi Markaz on March 15 last year in which at least 12 people, including seven policemen, lost their lives; was not a terrorist attack, sai

Published 21 Jun, 2018 12:00am

Longest day of 2018 today

21st June (today) is the longest day in Pakistan with 15.06 hours day light. The Sun rises at 04.56 hours and sets 07.12 p.m. on this day. It may be added that June Solstice: is the Longest and Shortest Day of the Year. The June solstice is the summer sol

Published 21 Jun, 2018 12:00am

Askari condoles Yusufi's death

Caretaker Punjab Chief Minister Dr Hasan Askari on Wednesday expressed a deep sense of sorrow and grief over the death of famous Urdu humour writer Mushtaq Ahmed Yusufi. He has extended sympathies to the bereaved family and prayed to Almighty Allah to res

Published 21 Jun, 2018 12:00am

Mutual Funds

Attock Petroleum Limited

Attock Petroleum Limited (PSX: APL) is the oil marketing company of the Attock Oil Group, the only integrated oil group in the country with Pakistan Oilfields Limited as The E&P firm, and Attock Refinery and National Refinery Limited in the downstream ref

Published 21 Jun, 2018 12:00am

Mutual Funds

Attock Petroleum Limited

Attock Petroleum Limited (PSX: APL) is the oil marketing company of the Attock Oil Group, the only integrated oil group in the country with Pakistan Oilfields Limited as The E&P firm, and Attock Refinery and National Refinery Limited in the downstream ref

Updated 22 Jun, 2018 05:47am

Pak Libya Holding Company maintains ratings

Pakistan Credit Rating Agency Limited (PACRA) has maintained the long-term and short-term entity ratings of Pak Libya Holding Company (Private) Limited [PLHC] at AA- (Double A minus) and A1+ (A one plus) respectively.

Published 21 Jun, 2018 12:00am

Pak Libya Holding Company maintains ratings

Pakistan Credit Rating Agency Limited (PACRA) has maintained the long-term and short-term entity ratings of Pak Libya Holding Company (Private) Limited [PLHC] at AA- (Double A minus) and A1+ (A one plus) respectively.

Published 21 Jun, 2018 12:00am

Employee Stock Option Scheme: SECP issues procedure for public companies

The Securities and Exchange Commission (SECP) has issued a detailed procedure for the public companies to introduce Employee Stock Option Scheme for their employees. Through SRO 769(I) 2018 issued by the SECP here on Wednesday, the SECP has specified cond

Published 21 Jun, 2018 12:00am

SECP introduces draft regulations for issuing equity shares

A company may issue equity shares with differential rights subject to compliance with the laid down conditions of the Securities and Exchange Commission of Pakistan (SECP). In this connection, the Securities and Exchange Commission of Pakistan (SECP) has

Published 21 Jun, 2018 12:00am

US MIDDAY: gold lower

Gold prices dropped, remaining near a six-month low on Wednesday as the US dollar hovered around 11 month peaks but was offset by festering global trade tensions, while platinum hit a 2-1/2-year trough. Rising US interest rates also pressured bullion.

Published 21 Jun, 2018 12:00am

Brazil freight impasse lingers

A Brazilian Supreme Court hearing ended with no consensus on the adoption of minimum freight prices and whether such prices should be dictated by the government, Justice Luiz Fux said on Wednesday. Minimum freight prices, introduced by decree after an 11-

Published 21 Jun, 2018 12:00am

Gold steadies in Europe

Gold steadied near a six month low on Wednesday as a dollar rally to 11 month peaks was offset by festering global trade tensions, while platinum hit a 2-1/2 year trough. Trade tensions between the United States and China are showing no signs of easing. O

Published 21 Jun, 2018 12:00am

Gold little changed in Asia

Gold traded in a narrow range on Wednesday, hovering near a six-month low hit in the previous session, amid a firm dollar and stronger Asian equities. Spot gold held steady at $1,273.83 an ounce, as of 0655 GMT. The metal fell to its lowest since Dec. 22

Published 21 Jun, 2018 12:00am

Gold plunges in New York

Gold fell to a near six-month low and platinum hit its lowest since February 2016 on Wednesday as a stronger greenback was overwhelmed by safe-haven buying, spurred by fears of a trade war between the world's two top economies. The US dollar index touched

Published 21 Jun, 2018 12:00am

ICE cocoa surges to three-week highs; sugar coffee higher

Cocoa futures on ICE rallied more than 3 percent to three-week highs on Wednesday, after flooding in the commercial capital of Ivory Coast spurred speculative buying and the spot contract in London extended its premium over September.

Published 21 Jun, 2018 12:00am

Vegetable Oil

Palm oil charts third day of losses

Malaysian palm oil futures fell on Wednesday evening, charting a third consecutive session of declines, as the market was weighed down by weaker related edible oils and slowing exports.

Published 21 Jun, 2018 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

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

Published 21 Jun, 2018 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

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

Published 21 Jun, 2018 12:00am

Rubber rebounds

Benchmark Tokyo rubber futures rebounded on Wednesday, tracking Shanghai gains, but increasing supplies and weak demand continued to weigh on the market. Tokyo Commodity Exchange (TOCOM) futures, which set the tone for rubber prices in Southeast Asia, rec

Published 21 Jun, 2018 12:00am

Khamenei says 'no need' to join global agreements

Iran has "no need to join" global agreements on areas such as terrorism and money laundering, the country's supreme leader Ayatollah Ali Khamenei said Wednesday as the issue divides parliament. Describing parliament as "mature and wise", Khamenei said law

Published 21 Jun, 2018 12:00am

More than 450 UK patients died from strong hospital drugs

More than 450 patients died at a hospital in England after being given strong painkillers without "medical justification", a report found Wednesday. An independent panel led the investigation into the deaths between 1989 and 2000 at the Gosport War Memori

Published 21 Jun, 2018 12:00am

Currency	Rate
USD PKR Interbank Selling / Mar 28	281.85
USD PKR Interbank Buying / Mar 28	279.71
USD to Japanese Yen / Mar 28	149.88
USD to Swiss Franc / Mar 28	0.88
Pound Sterling to USD / Mar 28	1.29
Euro to USD / Mar 28	1.08
UK LIBOR % / Mar 27	4.96

Stock	Volume
S&P 500 / Mar 28	5,580.94
India Sensex / Mar 28	77,414.92
Tokyo Nikkei / Mar 28	37,120.33
Nasdaq / Mar 28	17,322.99
Hang Seng / Mar 28	23,426.60
FTSE 100 / Mar 28	8,658.85
Dow Jones / Mar 28	41,583.90
Germany DAX 30 / Mar 28	22,461.52
France CAC40 / Mar 28	7,916.08

Item	Value
Gold 10 Grams PKR / Mar 27	275,205
Crude Oil USD/Barrel / Mar 28	69.10
Karachi Cotton PKR/37.32 KG / Mar 28	17,085
Gold Spot USD/Ounce / Mar 28	3,117.20
Cotton US¢/pound / Mar 28	66.90
Petrol/Litre / Mar 30	255.63
Diesel/Litre / Mar 30	258.64

Stock	Price
Mughal Iron & Steel (R) / Mar 27 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	4.01 ▲ 1 (33.22%)
Parmount Sp. / Mar 27 Paramount Spinning Mills Limited(PASM)	4.10 ▲ 0.59 (16.81%)
Shaheen Ins. / Mar 27 Shaheen Insurance Company Limited(SHNI)	7.50 ▲ 0.97 (14.85%)
Popular Islamic / Mar 27 Popular Islamic Modaraba(PIM)	15.02 ▲ 1.37 (10.04%)
Diamond Ind. / Mar 27 Diamond Industries Limited(DIIL)	33.83 ▲ 3.08 (10.02%)
Sardar Chemical / Mar 27 Sardar Chemical Industries Limited(SARC)	35.95 ▲ 3.27 (10.01%)
J.K.Spinning / Mar 27 J.K. Spinning Mills Limited(JKSM)	69.58 ▲ 6.33 (10.01%)
Data Agro / Mar 27 Data Agro Limited(DAAG)	106.28 ▲ 9.66 (10%)
Leiner Pak Gelat / Mar 27 Leiner Pak Gelatine Limited(LPGL)	121.88 ▲ 11.08 (10%)
Allawasaya Tex / Mar 27 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1,429.95 ▲ 130 (10%)

Stock	Price
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	11.60 ▼ -98.09 (-89.42%)
Elahi Cot. / Mar 27 Elahi Cotton Mills Limited(ELCM)	135.93 ▼ -15.1 (-10%)
Khalid Siraj / Mar 27 Khalid Siraj Textile Mills Limited(KSTM)	8.03 ▼ -0.87 (-9.78%)
PIA Holding Co.B / Mar 27 PIA Holding Company Limited B(PIAHCLB)	874.01 ▼ -93.68 (-9.68%)
Saritow Spinning / Mar 27 Saritow Spinning Mills Limited(SSML)	18.90 ▼ -1.75 (-8.47%)
Cordoba Logistics / Mar 27 Cordoba Logistics & Ventures Limited(CLVL)	12.61 ▼ -1.15 (-8.36%)
Sally Textile / Mar 27 Sally Textile Mills Limited(SLYT)	11.01 ▼ -0.99 (-8.25%)
Masood Textile / Mar 27 Masood Textile Mills Limited(MSOT)	49.06 ▼ -4.27 (-8.01%)
Universal Ins. / Mar 27 The Universal Insurance Company Limited(UVIC)	9.57 ▼ -0.73 (-7.09%)
Al-Khair Gadoon / Mar 27 Al-Khair Gadoon Limited(AKGL)	42 ▼ -3.1 (-6.87%)

Stock	Volume
Cnergyico PK / Mar 27 Cnergyico PK Limited(CNERGY)	45,325,056 ▲ 0.31
Pak Elektron / Mar 27 Pak Elektron Limited(PAEL)	29,179,304 ▲ 0.67
P.S.O. / Mar 27 Pakistan State Oil Company Limited(PSO)	26,879,128 ▲ 1.58
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	20,499,919 ▼ -98.09
WorldCall Telecom / Mar 27 Worldcall Telecom Limited(WTL)	16,191,931 ▼ -0.03
B.O.Punjab / Mar 27 The Bank of Punjab(BOP)	16,148,304 ▼ -0.2
Pak Petroleum / Mar 27 Pakistan Petroleum Limited(PPL)	15,934,134 ▼ -1.85
Engro Fert. / Mar 27 Engro Fertilizers Limited(EFERT)	14,419,464 ▲ 0.5
Fauji Cement / Mar 27 Fauji Cement Company Limited(FCCL)	14,194,696 ▲ 0.53
Maple Leaf Cement / Mar 27 Maple Leaf Cement Factory Limited(MLCF)	11,282,647 ▲ 0.09

Most Popular