News Archives for Print - 2018-07-17 - Business Recorder

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اردو

May 14, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Print - 2018-07-17

Monday's early trade: wall Street flat as oil slump offsets earnings optimism

Monday's early trade: wall Street flat as oil slump offsets earnings optimism

Wall Street was mostly flat on Monday as a slump in oil prices dragged energy shares lower, offsetting a jump in financial stocks after Bank of America's strong results reinforced expectations of earnings growth for US companies.

Published 17 Jul, 2018 12:00am

PA Mohmand Agency: NAB KP approves inquiry against employees

PA Mohmand Agency: NAB KP approves inquiry against employees

The Regional Board Meeting (RBM) of National Accountability Bureau (NAB) Khyber Pakhtunkhwa held here on Monday with Director General (DG) NAB, Farmanullah Khan in the chair. Directors, Deputy Prosecutor General (DPGA), Case Officers, and other concerned

Published 17 Jul, 2018 12:00am

Partly Facetious: Who betrayed whom?

Partly Facetious: Who betrayed whom?

"So did Shahbaz Sharif betray his brother or was he betrayed himself or was there simply lack of organizational experience when not in government?"

Published 17 Jul, 2018 12:00am

Commodore Adnan Khaliq promoted

Commodore Adnan Khaliq promoted

Commodore Adnan Khaliq has been promoted to the rank of rear admiral with immediate effect. Adnan Khaliq was commissioned in marines engineering branch of Pakistan Navy in 1985. His appointments include director Engineering Support Coastal, director (ME)

Published 17 Jul, 2018 12:00am

Prime Minister urged to help remove EDB CEO

Prime Minister urged to help remove EDB CEO

Ministry of Industries and Production (MoI&P) has reportedly sought caretaker Prime Minister's help to remove the incumbent Chief Executive Officer (CEO) Engineering Development Board (EDB), Mirza Nasir Baig due to anti-industry decisions and rampant corr

Published 17 Jul, 2018 12:00am

FBR member briefs salient features of tax amnesty

FBR member briefs salient features of tax amnesty

Member Facilitation and Taxpayer Education (FATE) FBR Lubna Farrukh Mirza visited Sialkot to hold a meeting with the office-bearers and representatives of Sialkot Chamber of Commerce & Industry and members of Tax Bar Associations from Sialkot and Gujrat t

Published 17 Jul, 2018 12:00am

Independent directors' databank now operational

Independent directors' databank now operational

The databank of independent directors maintained by the Pakistan Institute of Corporate Governance (PICG) has become operational. Independent directors are generally seen as playing a key role in good governance and efficient functioning of the board.

Published 17 Jul, 2018 12:00am

Renewable power resources: Nepra grants generation licence to Lahore Xingzhong

Renewable power resources: Nepra grants generation licence to Lahore Xingzhong

In line with its efforts to promote renewable and indigenous resources for power generation, the National Electric Power Regulatory Authority (NEPRA) has granted generation licence to Lahore Xingzhong Renewable Energy Company (Private) Limited for setting

Published 17 Jul, 2018 12:00am

Cross-border challenges: Pakistan, Iran to continue efforts: Mamnoon

Cross-border challenges: Pakistan, Iran to continue efforts: Mamnoon

President Mamnoon Hussain has said that Pakistan and Iran would continue efforts for dealing with cross-border challenges and such high-level visits will further cement defence cooperation between the two countries. He said this while talking to Chief of

Published 17 Jul, 2018 12:00am

CNS chairs Bahria University BoD meeting

CNS chairs Bahria University BoD meeting

The 39th scheduled meeting of the Board of Governors of Bahria University was held at Bahria University Head Office on Monday. The meeting was chaired by Admiral Zafar Mahmood Abbasi, Chief of the Naval Staff/ Pro-Chancellor and Chairman Board of Governor

Published 17 Jul, 2018 12:00am

Suppliers reluctant to participate in PSO bids

Suppliers reluctant to participate in PSO bids

Furnace oil suppliers are reportedly reluctant to participate in Pakistan State Oil (PSO) tenders due to recent frequent cancellation of tenders, well informed sources in Petroleum Division told Business Recorder.

Published 17 Jul, 2018 12:00am

Switzerland, ADB sign agreement to support NDRMF

Switzerland, ADB sign agreement to support NDRMF

The Embassy of Switzerland in Pakistan and the Asian Development Bank (ADB) signed an agreement on Monday to support the National Disaster Risk Management Fund (NDRMF), recently established by the Government of Pakistan to finance investments in disaster

Published 17 Jul, 2018 12:00am

Minister highlights need for tolerance

Minister highlights need for tolerance

Chaudhary Faisal Mushtaq, Provincial Minister for Human Rights, Population & Social Welfare, Minorities and Bait ul Maal here on Monday visited National Book Foundation (NBF) and highlighted need for tolerance in our society, while addressing gathering of

Published 17 Jul, 2018 12:00am

HEIs urged to participate in tree plantation drive, dams' fund

HEIs urged to participate in tree plantation drive, dams' fund

The Higher Education Commission has directed Higher Education Institutions (HEIs) to participate in Tree Plantation Campaign and contribute in Diamer Bhasha and Mohmand Dam Fund being established by Supreme Court of Pakistan to combat on-going water crisi

Published 17 Jul, 2018 12:00am

Monsoon plantation drive begins at SU

Monsoon plantation drive begins at SU

One witnessed a splendid plantation ceremony held outside Department of Freshwater Biology & Fisheries and National Centre of Excellence in Analytical Chemistry, University of Sindh to inaugurate monsoon plantation drive at University of Sindh Jamshoro.

Published 17 Jul, 2018 12:00am

LHC seeks report from Auqaf Department

LHC seeks report from Auqaf Department

The Lahore High Court sought report from the Auqaf department on Monday in a petition against alleged encroachment upon the land of Bibi Pakdaman shrine. The court also directed secretary Auqaf department to submit a comprehensive report on the matter.

Published 17 Jul, 2018 12:00am

Minister expresses dismay over departments' performance, malpractices

Minister expresses dismay over departments' performance, malpractices

Caretaker Sindh Minister for Agriculture, Supplies and Prizes, Cooperative, Forest, Wildlife, Livestock and Fisheries Khair Muhammad Junejo has expressed his dismay over performance, malpractices, misappropriation and corruption in the departments assigne

Published 17 Jul, 2018 12:00am

Hutchison Port: Country's first female trainees to operate remote-controlled quay cranes

Hutchison Port: Country's first female trainees to operate remote-controlled quay cranes

Hutchison Ports Pakistan, the country's first and only deep-water container terminal has passed another milestone by licensing the country's first female management engineering trainees to operate remote-controlled ship to shore (STS) gantry cranes.

Published 17 Jul, 2018 12:00am

CPLPL completes phase I of Blending Plant Expansion Project

CPLPL completes phase I of Blending Plant Expansion Project

On July 16, Chevron Pakistan Lubricants (Private) Limited (CPLPL) held an inauguration ceremony for phase/modernization and expansion of its Lubricants Blending Plant situated at West Wharf, Karachi. The expansion project is an investment of more than Rs

Published 17 Jul, 2018 12:00am

Naqeeb's father distrusts ATC judge

Naqeeb's father distrusts ATC judge

Father of Naqeebullah Mehsud has filed a plea to transfer case of extra judicial killing of his son by former SSP Rao Anwar after showing no confidence over judge of Anti-Terrorism Court. Hearing of the plea against bail of Rao Awnar was held at the ATC t

Published 17 Jul, 2018 12:00am

CAA suspends services to SAI for its international flights

CAA suspends services to SAI for its international flights

Pakistan Civil Aviation Authority (PCAA) has suspended services and facilities to Shaheen Air International (SAI) for its international flights except Saudi Arabia.

Published 17 Jul, 2018 12:00am

PLGMEA slams withdrawal of advance payment facility by SBP

PLGMEA slams withdrawal of advance payment facility by SBP

The State Bank of Pakistan vide its circular letter dated 14th July has withdrawn the facility to the authorized dealers of sending advance payments upto US$10,000 per invoice for the import of all eligible items without the requirement of L/C or bank gua

Published 17 Jul, 2018 12:00am

Shamshad reviews ongoing projects at CDWP meeting

Shamshad reviews ongoing projects at CDWP meeting

Meeting of the Central Development Working Party commenced at the Ministry of Planning, Development and Reform under the chairmanship of the Deputy Chairman/Minister for Planning Development and Reform Dr Shamshad Akhtar. The senior officials of the feder

Published 17 Jul, 2018 12:00am

Basit assumes charge as KCCI acting president

Basit assumes charge as KCCI acting president

Abdul Basit Abdul Razzak, Senior Vice President KCCI has assumed charge as Acting President of the Karachi Chamber of Commerce and Industry (KCCI) during the absence of President KCCI Muffasar Atta Malik who is traveling to Moscow, Russia along with Vice

Published 17 Jul, 2018 12:00am

LCCI for immediate action to stop dollar's surge

LCCI for immediate action to stop dollar's surge

The Lahore Chamber of Commerce and Industry has asked the caretaker government to take care of the dollar rise for the sake of country's economy.

Published 17 Jul, 2018 12:00am

Punjab government urged to ensure subsidized flour

Punjab government urged to ensure subsidized flour

Elimination of poverty is an integral part of the manifestos of all important political parties; hence, the Punjab caretaker government should ensure subsidized flour to facilitate the downtrodden.

Published 17 Jul, 2018 12:00am

Punjab government sets target of planting 30 million saplings

Punjab government sets target of planting 30 million saplings

Chief Secretary Punjab Akbar Durrani on Monday planted a sapling in Civil Secretariat as part of the ongoing tree plantation campaign in the province. The Punjab government has set a target of planting 30 million saplings in three months during the campai

Published 17 Jul, 2018 12:00am

Government urged to protect cane growers' interest

Cotton

Government urged to protect cane growers' interest

The cartelization of sugar mafia must be smashed in order to protect the legitimate interest of the 700,000 cane growers of Pakistan. Mian Mehmood Ahmad founding President Rahim Yar Khan Chamber of Commerce & Industry, vice president FPCCI and Vice chairm

Published 17 Jul, 2018 12:00am

PIA's first Hajj flight leaves from Lahore

PIA's first Hajj flight leaves from Lahore

PIA's Pre-Hajj operation 2018 of transporting intending pilgrims to Saudi Arabia commenced. The first Pre Hajj flight PK 7017 departed on Monday from Lahore to Madinah carrying 327 intending Hajj pilgrims. PIA Chief Daily Operations Officer Syed Zulqrnain

Published 17 Jul, 2018 12:00am

Punjab government plans to disseminate latest technology to farmers: minister

Punjab government plans to disseminate latest technology to farmers: minister

Punjab Minister for Agriculture, Food, Planning & Development, Sardar Tanvir Ilyas has said that agriculture sector is government's top most priority and provincial government is devising ways to disseminate latest production technology/ techniques to the

Published 17 Jul, 2018 12:00am

Two ex-chairmen Wapda donate money for dams' construction

Two ex-chairmen Wapda donate money for dams' construction

Engr Shamsul Mulk, and Shakil Durrani, two former chairmen of Water and Power Development Authority (WAPDA) on Monday donated Rs 100,000/- each for the construction of Diamar Basha and Momand Dams. At present, Engr. Shamsul Mulk is president of Society fo

Published 17 Jul, 2018 12:00am

PML-Q demands special security measures for candidates

PML-Q demands special security measures for candidates

Pakistan Muslim League-Q President and former Prime Minister Ch Shujat Hussain has called upon the interim federal and provincial governments to take strict measures for protection of all the candidates to foil the conspiracy of the anti-state elements so

Published 17 Jul, 2018 12:00am

ECP code of conduct: 194 members of various political parties held

ECP code of conduct: 194 members of various political parties held

After the registration of 146 first information reports (FIRs), the city police claimed on Monday to have arrested 194 members of various political parties including Tehreek-e-Labaik Ya Rasool Allah (TLYRA) and Muttahida Majlis-e-Amal (MMA) for violating

Published 17 Jul, 2018 12:00am

Gas cylinder explosion kills three

Gas cylinder explosion kills three

A rescue official says a gas cylinder exploded at a restaurant in the Multan and killed at least three people. Dr Kaleem Ahmed says the blast took place on Monday in the restaurant's cooking area and caused the partial collapse of the roof and a wall at t

Published 17 Jul, 2018 12:00am

PML-N all set to thwart any polls rig attempt: Mushahid

PML-N all set to thwart any polls rig attempt: Mushahid

Pakistan Muslim League-Nawaz (PML-N) leader Mushahid Hussein Syed said on Monday that they are fully prepared to thwart any attempt to rig the elections on July 25.

Published 17 Jul, 2018 12:00am

Shahbaz demands facilities for Nawaz in jail

Shahbaz demands facilities for Nawaz in jail

Pakistan Muslim League-Nawaz (PML-N) President Shahbaz Sharif has requested the caretaker government to provide facilities to Nawaz Sharif in jail which he is entitled to being the former prime minister. In a letter to the caretaker Prime Minister former

Published 17 Jul, 2018 12:00am

LUMS two teachers win research award

LUMS two teachers win research award

Dr Ihsan Ayyub Qazi, Chair and Associate Professor of Computer Science at Syed Babar Ali School of Science and Engineering (SBASSE), LUMS, and Dr Zafar Ayyub Qazi, Assistant Professor of Computer Science at SBASSE, LUMS, have won the highly prestigious an

Published 17 Jul, 2018 12:00am

Mehran Sugar Mills Limited

Mehran Sugar Mills Limited

Mehran Sugar Mills Limited (PSX: MRNS) is the flagship company of the Hasham group, and one of the oldest sugar mills in the country. Established in 1965, the company is mainly concentrated in sucrose production, with diversification into ethanol, power g

Published 17 Jul, 2018 12:00am

Mehran Sugar Mills Limited

Mehran Sugar Mills Limited

Mehran Sugar Mills Limited (PSX: MRNS) is the flagship company of the Hasham group, and one of the oldest sugar mills in the country. Established in 1965, the company is mainly concentrated in sucrose production, with diversification into ethanol, power g

Published 17 Jul, 2018 12:00am

Brokers must exercise caution: commodity future market highly volatile: SECP bench

Brokers must exercise caution: commodity future market highly volatile: SECP bench

A two-member Appellate Bench of the Securities and Exchange Commission of Pakistan (SECP) has observed that the futures commodities market is highly volatile and unpredictable and a broker shall not encourage sale or purchase of Commodity Futures Contract

Published 17 Jul, 2018 12:00am

May gives ground on customs bill to avoid vote defeat

May gives ground on customs bill to avoid vote defeat

British Prime Minister Theresa May bowed to pressure Monday from eurosceptics in her ruling Conservative Party by agreeing to a series of amendments to a bill setting up a new customs regime after Brexit.

Published 17 Jul, 2018 12:00am

Award-winning Palestinian photographer 'dies in Syria jail'

Award-winning Palestinian photographer 'dies in Syria jail'

An award-winning Palestinian-Syrian photographer who documented life in the Yarmuk refugee camp in southern Damascus has died after nearly three years in regime detention, his partner said on Monday. Niraz Saied, who himself hailed from the Palestinian ca

Published 17 Jul, 2018 12:00am

Ex-Pinochet colonel captured

Ex-Pinochet colonel captured

Argentina says it has captured a former Chilean army colonel convicted of crimes against humanity during the dictatorship of Augusto Pinochet.

Published 17 Jul, 2018 12:00am

Children among eight migrants suffocated in Libya truck

Children among eight migrants suffocated in Libya truck

Eight migrants, mostly children, suffocated to death trapped in a refrigerator truck carrying around 100 people in western Libya, security forces said on Monday. Some of the 90 who survived had to be admitted to hospital for respiratory problems, accordin

Published 17 Jul, 2018 12:00am

Israel hits Hamas posts in response to arson kites

Israel hits Hamas posts in response to arson kites

An Israeli aircraft hit two Hamas posts in the Gaza Strip on Monday in response to balloons carrying firebombs over the border fence to burn Israeli farmland, the army said. The strikes signalled a tougher Israeli response to the hundreds of balloons and

Published 17 Jul, 2018 12:00am

EU warns Sri Lanka over death penalty

EU warns Sri Lanka over death penalty

EU ambassadors warned Sri Lanka on Monday against ending its 42-year moratorium on capital punishment and said the island risked losing trade concessions if it went ahead. Last week President Maithripala Sirisena said repeat drug offenders would be hanged

Published 17 Jul, 2018 12:00am

450 migrants land in Italy, five EU states to take 50 each

450 migrants land in Italy, five EU states to take 50 each

Italy allowed two EU border agency vessels to dock on Monday allowing some 450 migrants to disembark after five other EU states agreed to take in 50 each. "Today for the first time, we can say the migrants have disembarked in Europe," the Italian prime mi

Published 17 Jul, 2018 12:00am

Boris Johnson returns as Telegraph columnist

Boris Johnson returns as Telegraph columnist

After resigning as foreign minister last week over Prime Minister Theresa May's compromise plan for Brexit, Boris Johnson is back at his old job as a columnist at the eurosceptic Daily Telegraph newspaper. "He's Back," the paper said on its front page on

Published 17 Jul, 2018 12:00am

Journalist killed in south Syria fighting

Journalist killed in south Syria fighting

A Syrian journalist working with a pro-regime television network has been killed in the southern province of Quneitra, where government forces are battling rebels, state media said Monday.

Published 17 Jul, 2018 12:00am

Eritrea re-opens embassy in Ethiopia

Eritrea re-opens embassy in Ethiopia

Eritrea's President Isaias Afwerki reopened his country's embassy in Ethiopia on Monday, more than 20 years after the two countries broke off relations when they went to war. The embassy inauguration caps Isaias's historic visit to the Ethiopian capital a

Published 17 Jul, 2018 12:00am

US rejects European call for Iran sanctions waiver

US rejects European call for Iran sanctions waiver

Washington will not budge on its decision to impose fresh sanctions on corporations operating in Iran, despite a European request for exemption, the Financial Times reported Monday.

Published 17 Jul, 2018 12:00am

Kurd-Arab council readies for talks with Syria regime

Kurd-Arab council readies for talks with Syria regime

The political arm of a powerful alliance of Syrian Kurd and Arab fighters said Monday it was working on a negotiating team for any talks with the Damascus regime. The Syrian Democratic Council (SDC) is linked to the Syrian Democratic Forces (SDF), a US-ba

Published 17 Jul, 2018 12:00am

Turkey stops registering Syrian refugees: HRW

Turkey stops registering Syrian refugees: HRW

Turkish authorities have stopped registering "all but a handful" of newly-arrived Syrian refugees, depriving them of essential services and putting them at risk of deportation, Human Rights Watch said on Monday. Turkey is hosting some 3.5 million refugees

Published 17 Jul, 2018 12:00am

Iraqis demand change as protests run into second week

Iraqis demand change as protests run into second week

Protests in Iraq continued into their second week Monday following days of clashes that left eight people dead, with demonstrators rallying to put social problems in the spotlight. Months after Iraq declared victory over the Islamic State group, attention

Published 17 Jul, 2018 12:00am

Jetmakers see brisk start to air show as UK tries to soothe Brexit worries

Jetmakers see brisk start to air show as UK tries to soothe Brexit worries

Planemakers racked up more than $20 billion of deals on the opening day of the Farnborough Airshow on Monday, suggesting demand for new passenger jets remains in rude health despite worries over trade tensions and Brexit. The deal-making came as host Brit

Published 17 Jul, 2018 12:00am

Venezuela facing 'economic collapse,' IMF warns

Venezuela facing 'economic collapse,' IMF warns

Venezuela is in a state of "economic collapse" with hyperinflation not see since the middle of the last century, the International Monetary Fund said Monday. Despite higher oil prices that are benefitting most exporting nations, the IMF sees a worsening c

Published 17 Jul, 2018 12:00am

US in talks with Turkey to sell Patriot system

US in talks with Turkey to sell Patriot system

The US State Department is negotiating a potential deal to sell Turkey the Raytheon Co Patriot missile defense system as an alternative to the Russian-made S-400 system Turkey has agreed to purchase, an official said on Monday. US Ambassador Kaidanow, the

Published 17 Jul, 2018 12:00am

Renault scores new sales record

Renault scores new sales record

French car giant Renault on Monday reported a nearly 10 percent surge in sales in the first half of 2018, scoring a new 2.1 million vehicle sales record driven by gains in Russia, Argentina and Brazil. "For the third consecutive year, we have set a new sa

Published 17 Jul, 2018 12:00am

Bank of America profits up

Bank of America profits up

Bank of America reported a jump in second-quarter earnings Monday, boosted by higher interest rates, increased lending and lower US tax expenses.

Published 17 Jul, 2018 12:00am

Bank of America profits up

Bank of America profits up

Bank of America reported a jump in second-quarter earnings Monday, boosted by higher interest rates, increased lending and lower US tax expenses.

Published 17 Jul, 2018 12:00am

Strong US retail sales lift GDP estimates

Strong US retail sales lift GDP estimates

US retail sales rose solidly in June as households boosted purchases of automobiles and a range of other goods, cementing expectations for robust economic growth in the second quarter. Signs of a strengthening economy, together with a tightening labor mar

Published 17 Jul, 2018 12:00am

China's second quarter GDP growth softens

China's second quarter GDP growth softens

China's economy expanded at a slower pace in the second quarter as Beijing's efforts to contain debt hurt activity, while June factory output growth weakened to a two-year low in a worrying sign for investment and exporters as a trade war with the United

Published 17 Jul, 2018 12:00am

Plan to monitor cryptocurrency threat unveiled

Plan to monitor cryptocurrency threat unveiled

A financial regulator on Monday unveiled a strategy to monitor whether cryptocurrencies such as Bitcoin pose a threat to world economic stability. The plan follows on from a concerted drive by central banks and regulatory bodies to keep cryptocurrencies a

Published 17 Jul, 2018 12:00am

EU says Volkswagen repairs most cars with cheating devices

EU says Volkswagen repairs most cars with cheating devices

German auto giant Volkswagen has fixed millions of cars found with emissions cheating software since a 2015 scandal, but must do more to satisfy consumers, the EU said Monday. "Volkswagen has largely fulfilled the action plan they promised, EU consumer af

Published 17 Jul, 2018 12:00am

Germany's Linde sells off Americas units over merger bid

Germany's Linde sells off Americas units over merger bid

German industrial gases supplier Linde said Monday it would sell off much of its business in the Americas, as it pursues competition approval for its mega-merger with US competitor Praxair. The group said in a statement it would sell "the majority of its

Published 17 Jul, 2018 12:00am

Energy, China data put pressure on Britain's FTSE

Energy, China data put pressure on Britain's FTSE

Britain's top share index retreated on Monday as soft Chinese data hit miners amid persistent worries over global trade. The blue chip FTSE 100 index fell 0.8 percent, dragged down in afternoon trading by a heavy drop in energy stocks on falling crude pri

Published 17 Jul, 2018 12:00am

Australian, New Zealand shares fall

Australian, New Zealand shares fall

Australian shares fell nearly half a percent on Monday, led by losses in healthcare stocks, while soft weekend property auction results undermined banks, whose business model relies heavily on home loans. The S&P/ASX 200 index dropped 26.9 points to close

Published 17 Jul, 2018 12:00am

Oil drop hits European stocks, Deutsche Bank offsets losses

Oil drop hits European stocks, Deutsche Bank offsets losses

European shares fell on Monday, led lower by commodity stocks as an upbeat update from Deutsche Bank and expectations of a strong earnings season kept a lid on losses. The pan-European STOXX 600 index fell 0.3 percent, with the energy sector the biggest d

Published 17 Jul, 2018 12:00am

China stocks down

China stocks down

China stocks ended down on Monday, after data showed the country's economy expanded at a slower pace in the second quarter, while a trade war with the United States threatened to hit exports. The blue-chip CSI300 index fell 0.6 percent, to 3,472.09 points

Published 17 Jul, 2018 12:00am

Sri Lankan shares slip

Sri Lankan shares slip

Sri Lankan shares edged lower on Monday from their highest close in two weeks in lighter-than-usual trading as foreign investors sold stocks. The Colombo stock index ended 0.12 percent weaker at 6,130.62, slipping from its highest close since June 29 hit

Published 17 Jul, 2018 12:00am

Saudi, Abu Dhabi, Qatari banks lift most Gulf indexes

Saudi, Abu Dhabi, Qatari banks lift most Gulf indexes

Most Gulf markets ended Monday in positive territory with Saudi Arabian, Qatari, and Abu Dhabi indexes all gaining 1 percent or more as the second quarter earnings reporting season got under way and despite a drop in oil prices.

Published 17 Jul, 2018 12:00am

Southeast Asian stocks mostly down

Southeast Asian stocks mostly down

Most Southeast Asian stock markets closed lower on Monday, with Thailand falling 1 percent, as risk-off sentiment prevailed in broader Asia, and data showing China's economy and factory production growth slowing failed to whet investor appetite. China's e

Published 17 Jul, 2018 12:00am

Kibor interbank offered rates

Kibor interbank offered rates

Kibor interbank offered rates on Monday (July 16, 2018).

Published 17 Jul, 2018 12:00am

Aaj TV - Tuesday's schedule

Aaj TV - Tuesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 17 Jul, 2018 12:00am

New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 17 Jul, 2018 12:00am

New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 17 Jul, 2018 12:00am

State Bank of Pakistan conversion rates

Currency

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d

Published 17 Jul, 2018 12:00am

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi

Published 17 Jul, 2018 12:00am

Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Monday (July 16, 2018).

Published 17 Jul, 2018 12:00am

Conversion for foreign currency deposits

Currency

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Monday (July 16, 2018).

Published 17 Jul, 2018 12:00am

Currency notes: exchange rates

Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Monday (July 16, 2018).

Published 17 Jul, 2018 12:00am

LIBOR calculating interest on US dollar

Libor

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Monday (July 16, 2018).

Published 17 Jul, 2018 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Monday (July 16, 2018).

Published 17 Jul, 2018 12:00am

Interest rates on new foreign currency deposits

Currency

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Monday (July 16, 2018).

Published 17 Jul, 2018 12:00am

Bill buying rates per unit of currency

Currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Monday (July 16, 2018).

Published 17 Jul, 2018 12:00am

Banks' rates for currency notes (buying and selling)

Currency

Banks' rates for currency notes (buying and selling)

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Monday (July 16, 2018).

Published 17 Jul, 2018 12:00am

Money Market Report

Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (July 16, 2018).

Published 17 Jul, 2018 12:00am

Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (July 16, 2018).

Published 17 Jul, 2018 12:00am

Open market rates of foreign currencies

Currency

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Monday (July 16, 2018).

Published 17 Jul, 2018 12:00am

LIBOR interbank offered rates

Libor

LIBOR interbank offered rates

London Interbank Offered Rates (LIBOR) on Monday (July 16, 2018).

Published 17 Jul, 2018 12:00am

JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (July 16, 2018).

Published 17 Jul, 2018 12:00am

JLI CAPITAL GROWTH TAKAFUL FUND

JLI CAPITAL GROWTH TAKAFUL FUND

JLI Capital Growth Takaful Fund Rates on Monday (July 16, 2018).

Published 17 Jul, 2018 12:00am

JLI CAPITAL GROWTH TAKAFUL FUND

JLI CAPITAL GROWTH TAKAFUL FUND

JLI Capital Growth Takaful Fund Rates on Monday (July 16, 2018).

Published 17 Jul, 2018 12:00am

JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Monday (July 16, 2018).

Published 17 Jul, 2018 12:00am

JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Monday (July 16, 2018).

Published 17 Jul, 2018 12:00am

JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Monday (July 16, 2018).

Published 17 Jul, 2018 12:00am

JLI YAQEEN GROWTH FUND RATES

JLI YAQEEN GROWTH FUND RATES

JLI Yaqeen Growth Fund Rates on Monday (July 16, 2018).

Published 17 Jul, 2018 12:00am

JLI YAQEEN GROWTH FUND RATES

JLI YAQEEN GROWTH FUND RATES

JLI Yaqeen Growth Fund Rates on Monday (July 16, 2018).

Published 17 Jul, 2018 12:00am

JLI YAQEEN GROWTH FUND RATES

JLI YAQEEN GROWTH FUND RATES

JLI Yaqeen Growth Fund Rates on Monday (July 16, 2018).

Published 17 Jul, 2018 12:00am

JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Monday (July 16, 2018).

Published 17 Jul, 2018 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 13	281.73
USD PKR Interbank Buying / May 13	281.53
USD to Japanese Yen / May 13	147.90
USD to Swiss Franc / May 13	0.84
Pound Sterling to USD / May 13	1.32
Euro to USD / May 13	1.11
UK LIBOR % / May 12	4.96

Stock	Volume
S&P 500 / May 12	5,844.19
Nasdaq / May 12	18,708.34
Dow Jones / May 12	42,410.10
India Sensex / May 13	81,726.97
Tokyo Nikkei / May 13	38,305.85
Hang Seng / May 13	23,188.20
FTSE 100 / May 13	8,606.55
Germany DAX 30 / May 13	23,595.02
France CAC40 / May 13	7,859.80

Item	Value
Karachi Cotton PKR/37.32 KG / May 12	16,985
Gold 10 Grams PKR / May 12	291,923
Crude Oil USD/Barrel / May 13	61.90
Gold Spot USD/Ounce / May 13	3,253.26
Cotton US¢/pound / May 13	66.85
Petrol/Litre / May 14	252.63
Diesel/Litre / May 14	256.64

Gainers
Losers
Leaders

Stock	Price
Grays Leasing / May 13 Grays Leasing Limited(GRYL)	4.51 ▲ 0.72 (19%)
TPL Trakker Ltd / May 13 TPL Trakker Limited(TPLT)	6.59 ▲ 1 (17.89%)
Al-Shaheer Corp / May 13 Al Shaheer Corporation Limited(ASC)	6.88 ▲ 1 (17.01%)
B. F. Mod. / May 13 B.F. Modaraba(BFMOD)	8.34 ▲ 1 (13.62%)
Burj Clean Energy Modaraba / May 13 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.11 ▲ 1 (12.33%)
Mahanna Islamic Index / May 13 Mahanna Islamic Index Traded Fund(MIIETF)	15.47 ▲ 1.65 (11.94%)
Haseeb Waqas / May 13 Haseeb Waqas Sugar Mills Limited(HWQS)	9.59 ▲ 1 (11.64%)
Gulshan Sp. / May 13 Gulshan Spinning Mills Limited(GSPM)	3.40 ▲ 0.35 (11.48%)
Ghazi Fabrics / May 13 Ghazi Fabrics International Limited(GFIL)	10.17 ▲ 1 (10.91%)
PIA Holding Co.Ltd / May 13 PIA Holding Company Limited(PIAHCLA)	14.80 ▲ 1.35 (10.04%)

Stock	Price
Power Cem(Pref) / May 13 Power Cement (Pref)(POWERPS)	15.35 ▼ -1.71 (-10.02%)
Bilal Fibres / May 13 Bilal Fibres Limited(BILF)	19.59 ▼ -2.18 (-10.01%)
TPL Life Insur. / May 13 TPL Life Insurance Limited(TPLL)	46.80 ▼ -5.2 (-10%)
Din Tex. / May 13 Din Textile Mills Limited(DINT)	45 ▼ -4.99 (-9.98%)
Mughal Energy / May 13 Mughal Energy Limited(GEM)(GEMMEL)	19.90 ▼ -2.12 (-9.63%)
Suhail Jute / May 13 Suhail Jute Mills Limited(SUHJ)	78.36 ▼ -8.24 (-9.52%)
First Punjab Modaraba / May 13 First Punjab Modaraba(FPJM)	2.77 ▼ -0.28 (-9.18%)
Parmount Sp. / May 13 Paramount Spinning Mills Limited(PASM)	3.36 ▼ -0.31 (-8.45%)
First AL-Noor Mod. / May 13 First Al-Noor Modaraba(FANM)	2.95 ▼ -0.25 (-7.81%)
First IBL Mod. / May 13 First IBL Modaraba(FIBLM)	3 ▼ -0.24 (-7.41%)

Stock	Volume
WorldCall Telecom / May 13 Worldcall Telecom Limited(WTL)	41,734,903 ▼ -0.06
Maple Leaf Cement / May 13 Maple Leaf Cement Factory Limited(MLCF)	41,052,877 ▲ 6.27
Sui South Gas / May 13 Sui Southern Gas Company Limited(SSGC)	35,773,773 ▲ 2.33
Oil & Gas Dev. / May 13 Oil & Gas Development Company Limited(OGDC)	30,912,153 ▲ 15.65
B.O.Punjab / May 13 The Bank of Punjab(BOP)	24,175,098 ▼ -0.16
Cnergyico PK / May 13 Cnergyico PK Limited(CNERGY)	24,174,880 ▼ -0.09
K-Electric Ltd. / May 13 K-Electric Limited(KEL)	23,803,446 ▼ -0.22
At-Tahur Ltd. / May 13 At-Tahur Limited(PREMA)	21,754,749 ▼ -3.25
Fauji Cement / May 13 Fauji Cement Company Limited(FCCL)	20,681,855 ▲ 1.82
D.G.K.Cement / May 13 D.G. Khan Cement Company Limited(DGKC)	19,785,523 ▲ 10.35

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