News Archives for Print - 2018-07-24

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 24 Jul, 2018 12:00am

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 24 Jul, 2018 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 24 Jul, 2018 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 24 Jul, 2018 12:00am

Aaj TV - Tuesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 24 Jul, 2018 12:00am

Drought may affect Brazil's 2019 sugarcane, coffee crops

A drought in the center-south of Brazil could impact the country's coffee and sugarcane crops in 2019, analysts said, with rains later this year seen as more crucial than usual for plant development after a very dry southern autumn.

Published 24 Jul, 2018 12:00am

Vegetable Oil

Palm oil mixed on European vegoils market

Palm oil on the European vegetable oils market was offered mixed on Friday as a weak dollar supported prices, while slack demand and slightly easier Malaysian palm oil futures weighed. Asking prices for palm oil were between $5 a tonne up and $7.50 down f

Published 24 Jul, 2018 12:00am

Canadian canola futures weaker

ICE Canadian canola futures eased on Friday, falling on some light profit-taking after four straight days of gains, traders said. Some rain across key growing areas also pressured the market. A firm dollar added to the bearish tone. Traders said that volu

Published 24 Jul, 2018 12:00am

Asian naphtha cracks gain two-month high

Asia's naphtha crack was near a two-month high of $100.18 a tonne on Friday, supported by strong demand for the feedstock from petrochemical makers. Asia's gasoline crack hit a five-week high of $6.29 a barrel but the value still paled versus $10.95 in 20

Published 24 Jul, 2018 12:00am

CBOT soyabean futures firm for Fifth session

US soyabean futures firmed on chart-based buying, ending higher for the fifth straight session as the market recovered from a 10-year low, traders said. August soyabeans futures rose 3-3/4 cents to $8.49-3/4 a bushel at the Chicago Board of Trade. Novembe

Published 24 Jul, 2018 12:00am

Indian gold prices hit six-month low

A drop in prices spurred some interest for physical gold in major Asian hubs this week, but failed to stoke significant demand in India as buyers awaited bigger dips. In the Indian market, gold futures were trading at around 29,800 rupees per 10 grams on

Published 24 Jul, 2018 12:00am

European wheat futures rise at one-year high

European wheat futures extended gains on Friday, with benchmark prices in Paris hitting a one-year high, as a worsening harvest outlook encouraged buying and pushed futures through chart resistance. An advancing harvest was confirming reduced yields in Fr

Published 24 Jul, 2018 12:00am

Cotton

Cotton sowing misses target on short supply of water

Cotton sowing missed the desired target due to short supply of irrigation water, particularly in Sindh till June 29, dealers said on the cotton market on Monday. The official spot rate shed Rs 100 to Rs 9300, they added. Prices of seed cotton in Sindh wer

Published 24 Jul, 2018 12:00am

Cotton

PMEX daily trading report

On Friday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,581. The traded value of Metals, Energy and COTS/FX was recorded at PKR 7.602 billion and the number of lots traded was 8,859.

Published 24 Jul, 2018 12:00am

Iran becomes India's second biggest oil supplier

Iran was the second biggest oil supplier to Indian state refiners between April and June, India's oil minister said on Monday, replacing Saudi Arabia as companies took advantage of steeper discounts offered by Tehran. India, Iran's top oil client after Ch

Published 24 Jul, 2018 12:00am

Water levels on Rhine, Danube remain low

Water levels on the Rhine and Danube in Germany remain low after dry weather and freight vessels cannot sail fully loaded on the rivers, traders said on Friday. The Rhine is too shallow for normal sailings from Cologne to south Germany, traders said. All

Published 24 Jul, 2018 12:00am

Russian wheat export prices rise sharply

Russian wheat export prices rose sharply last week as global benchmarks rallied and concerns about the quality of wheat crops intensified in several regions of Russia, analysts said on Monday. Chicago wheat futures hit a new six-week high on Monday on con

Published 24 Jul, 2018 12:00am

CBOT wheat futures exceeds one-month high

Chicago Board of Trade wheat futures touched their highest prices in more than a month on Friday on technical buying and worries about poor crop weather reducing harvests in Europe and the Black Sea region, traders said. Chicago Board of Trade September s

Published 24 Jul, 2018 12:00am

Ivory Coast cocoa farmers unworried by low rainfall

High soil moisture content has protected Ivory Coast's cocoa crops from below-average rainfall last week, farmers said on Monday, maintaining their hopes for an abundant main crop next season. Ivory Coast, the world's top cocoa producer, is wrapping up it

Published 24 Jul, 2018 12:00am

Activities at Karachi and Qasim Ports

The Karachi Port handled 232,318 tonnes of cargo comprising 184,588 tonnes of import cargo and 47,730 tonnes of export cargo including 4,801 loaded and empty containers during the last 24 hours ending at 0700 hours on Monday. The total import cargo of 184

Published 24 Jul, 2018 12:00am

Currency

Soyameal little changed on European feeds market

Soyameal on the European meals and feeds market was offered in a tight range on Friday as slightly weaker CBOT soyameal futures and slow demand were offset by a weaker dollar. South American soyameal was mostly offered between unchanged and $2 a tonne low

Published 24 Jul, 2018 12:00am

CBOT corn futures rise to two-week high

US corn futures neared a two-week high on Friday on strong export demand and technical buying, traders said. September corn futures rose 4 cents to $3.55-1/4 a bushel at the Chicago Board of Trade. Most active December corn futures also gained 4 cents, to

Published 24 Jul, 2018 12:00am

Shanghai rebar posts biggest weekly jump since June

Shanghai rebar futures recovered from early falls on Friday, extending gains into a third session and marking their biggest weekly jump in seven on concerns about lean supply. The top Chinese steelmaking city of Tangshan ordered steel mills, coke producer

Published 24 Jul, 2018 12:00am

Sevens knockout format under scrutiny after World Cup

World Rugby chiefs have declared the "brutal" knockout format of the World Cup Sevens a success but coaches have urged officials to think twice before using the same system more widely. In a break from tradition, this year's tournament scrapped the usual

Published 24 Jul, 2018 12:00am

British boxers held in Spain over alleged gang rape

Two British boxers are in jail in Spain after being accused of allegedly gang raping a woman in a party resort in Ibiza, police said Monday. Paul and Sonny Upton, 30 and 29, and two other men were detained last week after a British tourist accused them of

Published 24 Jul, 2018 12:00am

Bangladesh beat West Indies by 48 runs in first ODI

A record double-century partnership between Tamim Iqbal and Shakib al Hasan paved the way as Bangladesh bounced back from their Test series drubbing with a 48-run win over West Indies in their opening one-day international on Sunday. Man-of-the-Match Tami

Published 24 Jul, 2018 12:00am

Ozil's resignation sparks Germany racism storm as Ankara cheers

Mesut Ozil's decision to quit playing for Germany unleashed a racism storm in Berlin on Monday, but earned the applause of Ankara with a Turkish minister hailing "a goal against the virus of fascism". After months of silence over a controversial photograp

Published 24 Jul, 2018 12:00am

Root falls cheaply again in Roses clash

England captain Joe Root's hopes of spending valuable time in the middle batting against the red ball ahead of next week's first Test against India were dealt another blow on Monday as he again fell cheaply in the Roses match. The only consolation for Roo

Published 24 Jul, 2018 12:00am

Sri Lankan cricketer suspended

A Sri Lankan Test cricketer has been suspended after a Norwegian woman accused his friend of raping her in a hotel room where he was present, an official said Monday. Dhanushka Gunathilaka, 27, and his friend, who cannot be named, took two Norwegian women

Published 24 Jul, 2018 12:00am

Sri Lanka thrash South Africa to sweep series 2-0

Sri Lanka on Monday completed a 2-0 Test sweep of South Africa to record their first series win over the Proteas since 2006 after Rangana Herath wreaked havoc with six wickets. The visitors were all out for 290 in the second session of day four in Colombo

Published 24 Jul, 2018 12:00am

IHC dismisses Imran's plea against ECP notice

The Islamabad High Court (IHC) Monday rejected a petition of Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan restoring the show cause notice issued by the Pakistan Election Commission (ECP) to him regarding alleged violation of election code of conduct

Published 24 Jul, 2018 12:00am

BAP hot favourite to win Balochistan NA seats: analysts

The newly created Balochistan Awami Party (BAP), perceived to be backed by the establishment, is expected to clinch majority seats out of a total of 16 National Assembly seats from the province. Interviews with different political analysts, politicians, a

Published 24 Jul, 2018 12:00am

Imran pledges to make Pakistan prosperous

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Monday concluded his election campaign in the provincial capital with a pledge "to make Pakistan an egalitarian, just and economically prosperous country."

Published 24 Jul, 2018 12:00am

Justice Tahira announced first-ever woman BHC CJ

Chief Justice Mian Saqib Nisar on Monday announced Justice Tahira Safdar as the first-ever woman Chief Justice of Balochistan High Court. Justice Tahira Safdar will take charge of her new role following the retirement of Chief Justice Mohammad Noor Muskan

Published 24 Jul, 2018 12:00am

Record 0.8 million security men deployed at 85,000 polling stations

On the direction of the Election Commission, the interim government has deployed 0.8 million security personnel (450,000 policemen and over 370,000 army troops) at 85,000 polling stations across the country to perform election and security duty on polling

Published 24 Jul, 2018 12:00am

Case against Dar: verdict reserved on co-accused's acquittal plea

The Accountability Court hearing corruption case against former Finance Minister Ishaq Dar Monday reserved its verdict on an application filed by two co-accused seeking acquittal from the case. The Accountability Court Judge Muhammad Bashir reserved his v

Published 24 Jul, 2018 12:00am

Nawaz's message to his supporters from Adiala

Former Prime Minister Nawaz Sharif has urged people to vote for his party tomorrow (Wednesday), saying that the time has reached a point to give a final push to the already "tumbling wall of flaws". In a recorded message sent from Adiala jail, Nawaz Shari

Published 24 Jul, 2018 12:00am

Polling day: PD all set to ensure uninterrupted electric supply

Power Division (PD) has set up two control rooms one each at Islamabad and Lahore to monitor, coordinate and take necessary steps when required, to ensure uninterrupted electric supply during polling and completion of vote counting across the country on J

Published 24 Jul, 2018 12:00am

Top officials instructed for foolproof security in Sindh

Sindh Chief Secretary Major Azam Suleman Khan (retd.) on Monday said that foolproof security would be ensured during polls and also after announcement of the results of the elections.

Published 24 Jul, 2018 12:00am

MQM-P will clean sweep elections: Khalid

Muttahida Qaumi Movement (MQM) Pakistan Convener Dr Khalid Maqbool Siddiqui on Monday said that his party is not fighting against any political party but against its own track record of development and good work done in the past.

Published 24 Jul, 2018 12:00am

Currency

Yuan snaps four-day losing streak

China's yuan strengthened against an easing US dollar on Monday, snapping four straight sessions of losses, after US President Donald Trump criticised the greenback's strength and following a firmer currency fixing by the Chinese central bank. The dollar

Published 24 Jul, 2018 12:00am

Dollar under pressure in Asian trade

The dollar slumped against major peers on Monday, knocked lower by US President Donald Trump's comments on the greenback's strength while the yen spiked on reports Japan's central bank is debating moves to reduce its massive monetary stimulus.

Published 24 Jul, 2018 12:00am

Currency

Early trade in New York: yen strengthens broadly

The yen strengthened broadly on Monday following a Reuters report that the Bank of Japan was debating moves to scale back its massive monetary stimulus, spurring bids for the Japanese currency. The yen's gains were modest, with the 10-year Japanese govern

Published 24 Jul, 2018 12:00am

Currency

Japanese yen trims early gains in Europe

The yen trimmed early gains on Monday as traders consolidated positions after reports the central bank was debating moves to scale back its massive monetary stimulus ignited a brief rally in the Japanese currency. With investors wary of buying the yen agg

Published 24 Jul, 2018 12:00am

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Monday. 83.75-83.75 (Previous 83.75-83.75).

Published 24 Jul, 2018 12:00am

Currency

Sri Lankan rupee up

The Sri Lankan rupee ended firmer on Monday as exporters and some foreign banks sold the dollar, surpassing importer demand for the US currency, traders said. The rupee traded at 159.90 early in the session and closed at 159.45/65 per dollar, compared wit

Published 24 Jul, 2018 12:00am

Currency

Most Asian currencies gain

Nearly all Asian currencies strengthened on Monday, as the dollar slipped to near two-week lows after US President Donald Trump railed against the Federal Reserve's tightening policy. Regional currencies got a break from after Trump on Friday complained a

Published 24 Jul, 2018 12:00am

Currency

Aussie, kiwi hold gains

The Australian and New Zealand dollars were consolidating gains on Monday after President Donald Trump's broadside against US dollar strength knocked that currency lower across the board. The Aussie dollar was holding at $0.7425, having bounced from suppo

Published 24 Jul, 2018 12:00am

Currency

Sterling falls to three-week low against yen

Sterling fell to a three-week low against a resurgent yen on Monday after the Japanese currency received a boost from reports that the central bank was contemplating scaling back its stimulus. The British currency also struggled against the dollar, failin

Published 24 Jul, 2018 12:00am

Emaar sends Dubai stocks higher; Saudi index declines

Dubai's market closed on a positive note on Thursday, backed by solid gains in property shares, while Saudi Arabia declined, reversing earlier gains, and other markets were mixed. The Dubai index rose 0.4 percent as heavy trading in heavyweight property d

Published 24 Jul, 2018 12:00am

Currency

Nikkei drops on yen's rally

Japan's Nikkei fell to a 10-day low on Monday, with exporters driven down by the yen's rally and index heavyweight Fast Retailing hit by speculation the Bank of Japan could wind back its exxchange-traded fund purchases The Nikkei ended the day down 1.33 p

Published 24 Jul, 2018 12:00am

Currency

Monday's early trade: Wall Street rises as financials gain, tech rebounds

US stocks rose on Monday as a jump in 10-year bond yields to a month's high boosted financials and technology stocks rebounded, with investors waiting for earnings from marquee corporations to assess the impact of an escalating US-China trade row.

Published 24 Jul, 2018 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate

Stock	Volume

Item	Value

Gainers
Losers
Leaders

Stock	Price
PICIC Ins.Ltd. / Jan 8 PICIC Insurance Limited(PIL)	3.21 ▲ 0.32 (11.07%)
JS Bank Ltd / Jan 8 JS Bank Limited(JSBL)	10.41 ▲ 1.00 (10.63%)
Idrees Tex. / Jan 8 Idrees Textile Mills Limited(IDRT)	15.68 ▲ 1.43 (10.04%)
Sec. Inv. Bank / Jan 8 Security Investment Bank Limited(SIBL)	12.38 ▲ 1.13 (10.04%)
Ahmad Hassan / Jan 8 Ahmad Hassan Textile Mills Limited(AHTM)	59.90 ▲ 5.45 (10.01%)
Asia Ins. / Jan 8 Asia Insurance Company Limited(ASIC)	14.29 ▲ 1.30 (10.01%)
D.M. Textile / Jan 8 D.M. Textile Mills Limited(DMTX)	60.58 ▲ 5.51 (10.01%)
Dawood Lawrencepur / Jan 8 Dawood Lawrencepur Limited(DLL)	296.12 ▲ 26.92 (10.00%)
JDW Sugar / Jan 8 JDW Sugar Mills Limited(JDWS)	904.95 ▲ 82.27 (10.00%)

Stock	Price
JS Mom. Factor ETF / Jan 8 JS Momentum Factor ETF(JSMFETF)	15.15 ▼ -2.18 (-12.58%)
Parmount Sp. / Jan 8 Paramount Spinning Mills Limited(PASM)	4 ▼ -0.50 (-11.11%)
Ali Asghar / Jan 8 Ali Asghar Textile Mills Limited(AATM)	78.82 ▼ -8.76 (-10.00%)
Faisal Sp. / Jan 8 Faisal Spinning Mills Limited(FASM)	292.37 ▼ -32.48 (-10.00%)
Khairpur Sug. / Jan 8 Khairpur Sugar Mills Limited(KPUS)	133.71 ▼ -14.86 (-10.00%)
Liven Pharma / Jan 8 Liven Pharma Limited(LIVEN)	178.53 ▼ -19.84 (-10.00%)
Suhail Jute / Jan 8 Suhail Jute Mills Limited(SUHJ)	156.38 ▼ -17.38 (-10.00%)
Frontier Ceram / Jan 8 Frontier Ceramics Limited(FRCL)	24.23 ▼ -2.69 (-9.99%)
National Silk / Jan 8 The National Silk & Rayon Mills Limited(NSRM)	49.90 ▼ -5.54 (-9.99%)

Stock	Volume
WorldCall Telecom / Jan 8 Worldcall Telecom Limited(WTL)	520,088,624 ▲ 0.09
Cnergyico PK / Jan 8 Cnergyico PK Limited(CNERGY)	76,600,722 ▼ -0.30
K-Electric Ltd. / Jan 8 K-Electric Limited(KEL)	45,707,217 ▼ -0.21
Fauji Foods Ltd / Jan 8 Fauji Foods Limited(FFL)	36,987,542 ▼ -0.41
Sui South Gas / Jan 8 Sui Southern Gas Company Limited(SSGC)	33,354,890 ▲ 2.33
Pak Stock Exchange / Jan 8 Pakistan Stock Exchange Limited(PSX)	27,144,749 ▼ -2.85
Pak Refinery / Jan 8 Pakistan Refinery Limited(PRL)	24,452,864 ▼ -2.53
B.O.Punjab / Jan 8 The Bank of Punjab(BOP)	22,768,455 ▼ -0.23
Pak Elektron / Jan 8 Pak Elektron Limited(PAEL)	20,370,180 ▼ -0.42

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