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Print - 2018-08-04
BRIndex100 turns green

BRIndex100 turns green

Pakistan Stock Exchange Friday ended on a positive note on the back of select buying in various sectors. BRIndex100 gained 16.44 points or 0.36 percent to close at 4,591.01 points. BRIndex100 touched intraday high of 4,597.11 and intraday low of 4,572.77
Published 04 Aug, 2018 12:00am
BRIndex100 turns green

BRIndex100 turns green

Pakistan Stock Exchange Friday ended on a positive note on the back of select buying in various sectors. BRIndex100 gained 16.44 points or 0.36 percent to close at 4,591.01 points. BRIndex100 touched intraday high of 4,597.11 and intraday low of 4,572.77
Published 04 Aug, 2018 12:00am
BRIndex100 turns green

BRIndex100 turns green

Pakistan Stock Exchange Friday ended on a positive note on the back of select buying in various sectors. BRIndex100 gained 16.44 points or 0.36 percent to close at 4,591.01 points. BRIndex100 touched intraday high of 4,597.11 and intraday low of 4,572.77
Published 04 Aug, 2018 12:00am
Opposition parties unveil protest plan

Opposition parties unveil protest plan

Opposition parties Friday announced formation of "Pakistan Alliance for Free and Fair Election" to launch countrywide protests against the alleged rigging in July 25 general election, besides giving a tough time to upcoming government of Pakistan Tehreek-
Published 04 Aug, 2018 12:00am
Opposition parties unveil protest plan

Opposition parties unveil protest plan

Opposition parties Friday announced formation of "Pakistan Alliance for Free and Fair Election" to launch countrywide protests against the alleged rigging in July 25 general election, besides giving a tough time to upcoming government of Pakistan Tehreek-
Published 04 Aug, 2018 12:00am
PTI, MQM sign nine-point MoU

PTI, MQM sign nine-point MoU

Muttahida Qaumi Movement-Pakistan (MQM-P) and Pakistan Tehreek-e-Insaf (PTI) on Friday signed a nine-point memorandum of understanding (MoU) for formation of a new government in the Center. The two parties reached the agreement following a meeting at Bani
Published 04 Aug, 2018 12:00am
PTI, MQM sign nine-point MoU

PTI, MQM sign nine-point MoU

Muttahida Qaumi Movement-Pakistan (MQM-P) and Pakistan Tehreek-e-Insaf (PTI) on Friday signed a nine-point memorandum of understanding (MoU) for formation of a new government in the Center. The two parties reached the agreement following a meeting at Bani
Published 04 Aug, 2018 12:00am
MQM announces its support to PTI

MQM announces its support to PTI

Muttahida Qaumi Movement-Pakistan (MQM-P) on Friday announced its support to Pakistan Tehreek-e-Insaf (PTI) at the Center after a written memorandum of understanding (MoU) was reached between the parties. A delegation of the MQM-P led by its convener Dr K
Published 04 Aug, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (August 03, 2018).

Published 04 Aug, 2018 12:00am
MQM announces its support to PTI

MQM announces its support to PTI

Muttahida Qaumi Movement-Pakistan (MQM-P) on Friday announced its support to Pakistan Tehreek-e-Insaf (PTI) at the Center after a written memorandum of understanding (MoU) was reached between the parties. A delegation of the MQM-P led by its convener Dr K
Published 04 Aug, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (August 03, 2018).

Published 04 Aug, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (August 03, 2018).

Published 04 Aug, 2018 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (August 03, 2018).

Published 04 Aug, 2018 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (August 03, 2018).
Published 04 Aug, 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 Friday (August 03, 2018).

Published 04 Aug, 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 Friday (August 03, 2018).

Published 04 Aug, 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 04 Aug, 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 04 Aug, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 04 Aug, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 04 Aug, 2018 12:00am
BRIDGE NOTES: A worthwhile exercise

BRIDGE NOTES: A worthwhile exercise

When Kelsey wrote that "the average defender at Bridge operates in a fog of uncertainty", he was one hundred percent right in accurately picturing the mind of the average defender who makes elementary mistakes, lacking the habitual application of mind to
Published 04 Aug, 2018 12:00am
'Girl Power' on show in London Spice Girls exhibition

'Girl Power' on show in London Spice Girls exhibition

From colorful platform boots to bed linen emblazoned with the faces of Posh, Scary, Sporty, Baby and Ginger, an array of Spice Girls memorabilia goes on show in a London exhibition last week dedicated to the famed girl band. Spice Girls fan Alan Smith-All
Published 04 Aug, 2018 12:00am
'The Meg' is here and she's pleased to eat you

'The Meg' is here and she's pleased to eat you

In the 43 years since "Jaws" scared a generation of cinemagoers out of the water and took a $470 million bite out of the box office, few shark movies have made much of a splash. The increasingly poor sequels to Steven Spielberg's 1975 masterpiece launched
Published 04 Aug, 2018 12:00am
Poetry in motion: enter the world of the 'scrap metal poet'

Poetry in motion: enter the world of the 'scrap metal poet'

With its fairytale towers, quirky animated sculptures, fantastical constructions and musical fountains, the inventive world crafted out of discarded junk by the man known as the "Scrap Metal Poet" is tucked away deep in the northwestern French countryside
Published 04 Aug, 2018 12:00am
New dads need depression screening, too

New dads need depression screening, too

Fathers of young children may be almost as likely as new mothers to experience symptoms of depression, a US study suggests. Researchers examined results from depression screenings done for parents during more than 9,500 visits to pediatrics clinics with t
Published 04 Aug, 2018 12:00am
School lunch box: what you should know

School lunch box: what you should know

As the long holidays have ended, students are heading back to school nationwide. For parents it is a tough time to resume school routine. Even though school essentials (uniform, shoes, stationary box, books, and bags) have been purchased in advance, a wor
Published 04 Aug, 2018 12:00am
Into The Void: hyper-real 'Star Wars' VR makes you the hero

Into The Void: hyper-real 'Star Wars' VR makes you the hero

Imagine putting on a helmet, lowering the visor and being transported immediately from your humdrum day-to-day existence into your own "Star Wars" adventure. Well, holster that blaster because the kind of fantasy that could once only be woven into the dre
Published 04 Aug, 2018 12:00am
A real body of work, artists ditch canvases for humans at art festival

A real body of work, artists ditch canvases for humans at art festival

Austrian model Corina gave her body as a canvas and patiently stood for six hours in order to be transformed into a blue Egyptian goddess for the annual World Body Painting Festival. "I visited the festival last year and during the presentation of the mod
Published 04 Aug, 2018 12:00am
Independent visual narratives

Independent visual narratives

Each artist has his independent visual narrative in a three person exhibition titled 'Triple A' at Canvas Gallery, Karachi. The artists following their own style tried to create different visual vocabulary that portrays certain social factors.
Published 04 Aug, 2018 12:00am
ART FACTS: Penetrating observation

ART FACTS: Penetrating observation

Syed Hassan Mujtaba's drawings in charcoal, lead and graphite revealed both despair and hope that exists in society as a whole including young and old, men and women, children and adults. Titled "Between Black and White" the solo exhibition at Sanat Galle
Published 04 Aug, 2018 12:00am
CPEC, borders and regional connectivity - II

CPEC, borders and regional connectivity - II

Neo-liberals and globalists, on the other hand, differ on issues of borders. Hyper-globalists, mostly belonging to economics, anthropology, information and business sciences as well as some academics have published on this topic for example Fukuyama 1989,
Published 04 Aug, 2018 12:00am
'Blood moon' dazzles skygazers in 21st century's longest eclipse

'Blood moon' dazzles skygazers in 21st century's longest eclipse

The longest "blood moon" eclipse this century dazzled skygazers across the globe last Friday, coinciding with Mars' closest approach in 15 years in a thrilling celestial spectacle. As Earth's constant companion slowly sailed across the skies, crowds gathe
Published 04 Aug, 2018 12:00am
PMEX daily trading report

PMEX daily trading report

On Thursday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,451. The traded value of Metals, Energy and COTS/FX was recorded at PKR 8.899 billion and the number of lots traded was 16,389.
Published 04 Aug, 2018 12:00am
CBOT wheat futures higher

CBOT wheat futures higher

Wheat futures on the Chicago Board of Trade rose Wednesday on worries about tightening global supplies as drought hurts yield prospects in Europe and other key production areas, traders said. CBOT September soft red winter wheat settled up 4-1/2 cents at
Published 04 Aug, 2018 12:00am
European wheat prices hit 3-1/2-year highs

European wheat prices hit 3-1/2-year highs

European wheat prices topped 3-1/2 year highs on Wednesday on new signs that global milling wheat supplies could be lower than expected in northern Europe, notably in Germany where drought appears to have severely damaged the crop. Benchmark December mill
Published 04 Aug, 2018 12:00am
CBOT soyabean futures lower on US-China trade tensions

CBOT soyabean futures lower on US-China trade tensions

Soyabean futures on the Chicago Board of Trade closed lower on Wednesday on fears of escalating trade tensions between the United States and China, the world's biggest soya importer, traders said. CBOT September soyabeans settled down 17 cents at $8.86-3/
Published 04 Aug, 2018 12:00am
China's steel futures rise to 5-1/2-year high

China's steel futures rise to 5-1/2-year high

China's steel futures pulled back after hitting their highest level since 2013 on Wednesday as news that the United States could slap higher tariffs on $200 billion of imported Chinese goods halted a rally that pushed prices 10 percent last month. But tra
Published 04 Aug, 2018 12:00am
Activities at Karachi and Qasim Ports

Activities at Karachi and Qasim Ports

The Karachi Port handled 145,946 tonnes of cargo comprising 98,834 tonnes of import cargo and 47,112 tonnes of export cargo including 7,446 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargo of 98,8
Published 04 Aug, 2018 12:00am
Cotton prices rebound on strong demand
Cotton

Cotton prices rebound on strong demand

Prices maintained upward journey on the cotton market on Friday in the process of moderate trading, dealers said. The official spot rate extended overnight gains, picking up Rs 200 to Rs 9200, they added. Prices of seed cotton in Sindh went up sharply pic
Published 04 Aug, 2018 12:00am
CBOT corn futures fall

CBOT corn futures fall

Chicago Board of Trade corn futures fell nearly 2 percent on Wednesday, following a slide in soyabean futures on fears of an intensifying US trade conflict with China, the world's top soya buyer, traders said. CBOT September corn settled down 7-1/4 cents
Published 04 Aug, 2018 12:00am
Asian naphtha crack at one-week low

Asian naphtha crack at one-week low

Asia's naphtha physical crack for second-half September at $116.95 a tonne on Wednesday was the lowest front-month value in a week as spot purchases were mostly muted for now. Asia's gasoline crack also fell and was at a 1-1/2 week low of $7.36 a barrel.
Published 04 Aug, 2018 12:00am
Ebbing eurozone growth saps business optimism

Ebbing eurozone growth saps business optimism

Business activity in the euro zone lost some momentum at the start of the third quarter, hampered by a drop in new orders that sapped optimism in the private sector, a survey showed on Friday. But the pace of growth remained fairly robust, supporting Euro
Published 04 Aug, 2018 12:00am
Foodora pulls out of Australia, to leave other markets

Foodora pulls out of Australia, to leave other markets

Food delivery service Foodora is pulling out of Australia this month, with the Germany-based firm saying it is shifting focus to other markets months after being hit with lawsuits over its treatment of workers. The announcement came as Foodora's parent co
Published 04 Aug, 2018 12:00am
Ryanair proposes mediation in pilot strikes row

Ryanair proposes mediation in pilot strikes row

Ryanair proposed on Friday third-party mediation as its Irish pilots walked out for a fourth day, while Spain-based pilots vowed to sue Europe's biggest no-frills airline over contract "irregularities". The Irish carrier scrapped 24 flights out of 300 to
Published 04 Aug, 2018 12:00am
State-owned Syria firms in infrastructure hiring spree

State-owned Syria firms in infrastructure hiring spree

State-owned Syrian companies are hiring hundreds of employees in the gas, electricity, and technical infrastructure industries, state media announced Friday, weeks after President Bashar al-Assad said post-war reconstruction was a priority. The country's
Published 04 Aug, 2018 12:00am
US job growth slows, unemployment rate drops

US job growth slows, unemployment rate drops

US job growth slowed more than expected in July as employment in the transportation and utilities sectors fell, but a drop in the unemployment rate suggested that labour market conditions continued to tighten. With manufacturing payrolls increasing by the
Published 04 Aug, 2018 12:00am
Petrobras profits leap

Petrobras profits leap

Brazil's flagship oil company Petrobras announced sharply higher net profits for the second quarter of 10.072 billion reais ($2.7 billion) Friday, crediting higher crude prices for the improvement. The April to June period saw a 45 percent increase over t
Published 04 Aug, 2018 12:00am
Toyota posts record Q1 net profit

Toyota posts record Q1 net profit

Japanese car giant Toyota on Friday posted a record first-quarter net profit but warned that threatened US sanctions on the auto sector could have a "very big" impact on earnings. The firm added that ongoing trade frictions between the US and China, as we
Published 04 Aug, 2018 12:00am
Toyota posts record Q1 net profit

Toyota posts record Q1 net profit

Japanese car giant Toyota on Friday posted a record first-quarter net profit but warned that threatened US sanctions on the auto sector could have a "very big" impact on earnings. The firm added that ongoing trade frictions between the US and China, as we
Published 04 Aug, 2018 12:00am
US slaps sanctions on Russian bank over North Korea dealings

US slaps sanctions on Russian bank over North Korea dealings

The United States on Friday slapped sanctions on a Russian bank for helping North Korea evade UN Security Council measures designed to curb Pyongyang's nuclear weapons and ballistic missile programs. The US Treasury Department's Office of Foreign Assets C
Published 04 Aug, 2018 12:00am
Sri Lanka secures $1 billion Chinese loan

Sri Lanka secures $1 billion Chinese loan

Sri Lanka's central bank on Friday announced it had secured a $1 billion Chinese loan as the island, a key link in Beijing's ambitious Belt and Road initiative, develops closer relations with Asia's largest economy. Central bank Governor Indrajit Coomaras
Published 04 Aug, 2018 12:00am
RBS profits almost wiped out on US fine

RBS profits almost wiped out on US fine

Profits at Britain's Royal Bank of Scotland almost evaporated in the second quarter after a vast US fine over its role in the notorious subprime crisis, the lender said Friday. Earnings after taxation collapsed to just £96 million ($125 million, 108 milli
Published 04 Aug, 2018 12:00am
RBS profits almost wiped out on US fine

RBS profits almost wiped out on US fine

Profits at Britain's Royal Bank of Scotland almost evaporated in the second quarter after a vast US fine over its role in the notorious subprime crisis, the lender said Friday. Earnings after taxation collapsed to just £96 million ($125 million, 108 milli
Published 04 Aug, 2018 12:00am
Heineken takes $3.1 billion stake in China's top brewer

Heineken takes $3.1 billion stake in China's top brewer

Dutch beer giant Heineken will pour $3.1 billion into a stake in China's top brewer, expanding its access in the Asian giant's booming and hotly contested market, the two groups announced Friday. Heineken has signed a "non-binding" agreement with China Re
Published 04 Aug, 2018 12:00am
Hong Kong shares fall

Hong Kong shares fall

Hong Kong shares edged lower on Friday, dragged down by fears of slowing growth in China, a vaccine scandal that weighed on healthcare shares and persistent worries over the Sino-US trade war. The Hang Seng index fell 0.1 percent to 27,676.32, while the C
Published 04 Aug, 2018 12:00am
Nikkei closes flat

Nikkei closes flat

Tokyo's key Nikkei index closed flat on Friday as investors retreated to the sidelines over global trade frictions and ahead of the release of key jobs data. The Nikkei 225 edged up 0.06 percent or 12.65 points to 22,525.18. Over the week, it lost 0.83 pe
Published 04 Aug, 2018 12:00am
S&P, Nasdaq rise as Apple hits $1 trillion mark
Currency

S&P, Nasdaq rise as Apple hits $1 trillion mark

Technology stocks pushed the S&P 500 and Nasdaq higher on Thursday, driven by Apple shares as the iPhone maker became the first publicly traded US company worth a trillion dollars. Apple Inc extended its post-earnings rally, gaining 2.9 percent and pushin
Published 04 Aug, 2018 12:00am
Australian shares down; New Zealand up

Australian shares down; New Zealand up

Australian shares gave up early gains and turned lower as sentiment was dented by the latest exchange of trade threats between the United States and China, a major market for Australia's crucial resources exports. Financial stocks were the biggest drag on
Published 04 Aug, 2018 12:00am
Treasury yields slip, move in thin ranges

Treasury yields slip, move in thin ranges

US Treasury yields eased on Thursday, a day after 10-year notes hit a 10-week high, as investors sought the safety of government debt with trade tensions between the United States and China escalating once again. China on Thursday urged the United States
Published 04 Aug, 2018 12:00am
Treasury yields slip, move in thin ranges

Treasury yields slip, move in thin ranges

US Treasury yields eased on Thursday, a day after 10-year notes hit a 10-week high, as investors sought the safety of government debt with trade tensions between the United States and China escalating once again. China on Thursday urged the United States
Published 04 Aug, 2018 12:00am
Indian shares soar

Indian shares soar

Indian shares ended 1 percent higher on Friday, reversing two sessions of losses, on gains in financial and consumer stocks, buoyed by a favourable weather forecast for the remainder of the monsoon. The benchmark BSE index closed up 1.05 percent at 37,556
Published 04 Aug, 2018 12:00am
China shares lower

China shares lower

Shares in China extended losses on Friday for their worst week since February, as Sino-US trade fears continue to cast gloom over markets, while a vaccine scandal undermined confidence in consumer and healthcare firms, amid a slow domestic growth rate. At
Published 04 Aug, 2018 12:00am
Earnings lift European shares, banks shine

Earnings lift European shares, banks shine

Earnings, particularly in the banking sector, lifted European shares on Friday at the end of a volatile week, as investors drew encouragement from Apple becoming the world's first trillion-dollar company. The pan-European STOXX 600 index closed up 0.7 per
Published 04 Aug, 2018 12:00am
Sri Lankan shares up

Sri Lankan shares up

Sri Lankan shares rose for the second straight session on Friday as foreign investors picked up shares that had been battered in recent days, brokers said. Sri Lanka's central bank left its key policy rates unchanged as expected on Friday before the marke
Published 04 Aug, 2018 12:00am
Southeast Asian stocks end higher

Southeast Asian stocks end higher

Most Southeast Asian stock markets ended higher on Friday, with the Philippines rising for a fourth straight week, but gains were capped ahead of a US jobs report which could provide cues on the pace of Federall Reserve interest rate hikes Sentiment in br
Published 04 Aug, 2018 12:00am
Britain's FTSE rises as RBS and Mondi gain

Britain's FTSE rises as RBS and Mondi gain

The UK's top share index climbed on Friday as cyclical stocks recovered thanks to a respite from trade and Brexit worries, while results from Mondi and RBS were well-received. The FTSE 100 index rose 1.1 percent to 7,659.10 points, though it suffered its
Published 04 Aug, 2018 12:00am
Weeping Murray wins marathon, rips ATP event for 3:00 am finish

Weeping Murray wins marathon, rips ATP event for 3:00 am finish

A tearful Andy Murray advanced to the ATP Washington Open quarter-finals in a three-hour marathon ending at 3:00 am Friday, then ripped organizers for putting him in such a situation. Three-time Grand Slam champion Murray, in his first hardcourt event aft
Published 04 Aug, 2018 12:00am
Nepal edge Netherlands by one run for first ODI win

Nepal edge Netherlands by one run for first ODI win

Nepal defeated the Netherlands by one run off the last ball on Friday to record their first ever one-day international victory. Chasing 217 to win, the Dutch were comfortably placed at 114-2 at one stage, before losing their next seven wickets for 71.
Published 04 Aug, 2018 12:00am