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Print - 2018-08-17
BRIndex100 maintains downtrend

BRIndex100 maintains downtrend

A bearish trend continued on Pakistan Stock Exchange due to selling in almost all sectors by local and foreign investors. BRIndex100 lost 63.51 points or 1.39 percent to close at 4,518.77 points on Thursday. BRIndex100 touched intraday high of 4,584.85 an
Published 17 Aug, 2018 12:00am
US MIDDAY: gold regains strength
Currency

US MIDDAY: gold regains strength

Spot gold prices bounced from 19-month lows on Thursday, as the US dollar slipped on news that China and the United States will hold trade talks this month, although sentiment remained negative. Gold futures settled slightly down as the US dollar came off
Published 17 Aug, 2018 12:00am
US MIDDAY: soyabeans climb

US MIDDAY: soyabeans climb

US soyabean futures climbed to a one-week high on Thursday as plans for Beijing and Washington to hold fresh trade talks raised hopes that US soya sales to China will increase after being stalled by a tariff dispute. The rally in soyabeans, along with an
Published 17 Aug, 2018 12:00am
Gold rises in Europe
Currency

Gold rises in Europe

Gold prices bounced from 19-month lows on Thursday as the dollar slipped on news that China and the United States will hold trade talks this month, although sentiment remained negative. Spot gold was up 0.3 percent at $1,177.68 an ounce at 1335 GMT from a
Published 17 Aug, 2018 12:00am
Gold recovers in Asia

Gold recovers in Asia

Gold clawed back from a 19-month low on Thursday on short-covering and as the US dollar softened following news that Beijing will hold trade talks with Washington late this month. A Chinese delegation led by Vice Minister of Commerce Wang Shouwen will mee
Published 17 Aug, 2018 12:00am
Gold hits more than 18-month low in New York

Gold hits more than 18-month low in New York

Gold fell to a more than 18-month low on Wednesday as the dollar climbed towards its highest in over a year on concerns about global market contagion triggered by recent declines in the Turkish lira. Further gold liquidation from emerging markets to stren
Published 17 Aug, 2018 12:00am
Arabica coffee slips to a fresh 2013 low, sugar edges up

Arabica coffee slips to a fresh 2013 low, sugar edges up

Arabica coffee futures slipped to their lowest in nearly five years on Thursday in choppy trade, largely driven by fluctuations in the value of the Brazilian real vs the US dollar and a lack of buying interest in the physical market. Raw sugar and cocoa o
Published 17 Aug, 2018 12:00am
Short covering lifts palm oil
Vegetable Oil

Short covering lifts palm oil

Malaysian palm oil futures reversed early losses to end higher on Thursday due to short covering, though traders said market sentiment was still bearish on trade and currency concerns. The benchmark palm oil contract for November delivery on the Bursa Mal
Published 17 Aug, 2018 12:00am
Tokyo rubber hits 22-month low
Currency

Tokyo rubber hits 22-month low

Benchmark Tokyo rubber futures touched a 22-month low on Thursday, dragged by a plunge in Shanghai futures as market sentiment remained bearish amid a trade dispute between the United States and China. The Tokyo Commodity Exchange rubber contract for Janu
Published 17 Aug, 2018 12:00am
Oil steadies but outlook for demand grows gloomy

Oil steadies but outlook for demand grows gloomy

Oil rose slightly as global markets steadied on Thursday, recovering some of the previous day's 2 percent slide, though a weakening outlook for crude demand kept prices in check. The oil market slid on Wednesday as data showing a large build in US invento
Published 17 Aug, 2018 12:00am
Azerbaijan's oil exports via Turkey pipeline rise

Azerbaijan's oil exports via Turkey pipeline rise

Azeri oil exports through the Baku-Tbilisi-Ceyhan (BTC) pipeline via Georgia and Turkey rose by 0.5 percent to 19.479 million tonnes in the first seven months of this year versus the same period in 2017, the State Statistics Committee said on Thursday. Th
Published 17 Aug, 2018 12:00am
Shanghai metals plunge

Shanghai metals plunge

Shanghai base metals dropped sharply on Thursday, with copper and zinc plumbing fresh one-year lows after a broad sell-off in London in the previous session before bouncing back slightly on news of fresh US-China trade talks.
Published 17 Aug, 2018 12:00am
Vajpayee, the gentler face of Hindutva, dies

Vajpayee, the gentler face of Hindutva, dies

Three-time Indian prime minister Atal Bihari Vajpayee died Thursday, sparking tributes from across the political spectrum as current leader Narendra Modi mourned the "irreplaceable loss" of the respected statesman. The 93-year-old had battled poor health
Published 17 Aug, 2018 12:00am
Vajpayee, the gentler face of Hindutva, dies

Vajpayee, the gentler face of Hindutva, dies

Three-time Indian prime minister Atal Bihari Vajpayee died Thursday, sparking tributes from across the political spectrum as current leader Narendra Modi mourned the "irreplaceable loss" of the respected statesman. The 93-year-old had battled poor health
Published 17 Aug, 2018 12:00am
Sharifs' bail pleas: NAB fined for employing delaying tactics

Sharifs' bail pleas: NAB fined for employing delaying tactics

Islamabad High Court (IHC) on Thursday slapped National Accountability Bureau (NAB) with a Rs 10,000 fine for, what the court deemed, its delaying tactics on the bail plea filed by the Sharif family members in a graft reference. Former Premier Nawaz Shari
Published 17 Aug, 2018 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 17 Aug, 2018 12:00am
Sharifs' bail pleas: NAB fined for employing delaying tactics

Sharifs' bail pleas: NAB fined for employing delaying tactics

Islamabad High Court (IHC) on Thursday slapped National Accountability Bureau (NAB) with a Rs 10,000 fine for, what the court deemed, its delaying tactics on the bail plea filed by the Sharif family members in a graft reference. Former Premier Nawaz Shari
Published 17 Aug, 2018 12:00am
Election of Leader of House: PPP decides to abstain from voting

Election of Leader of House: PPP decides to abstain from voting

Pakistan People's Party (PPP) Thursday decided to abstain from the election of prime minister scheduled to be held today (Friday) in the wake of differences with Pakistan Muslim League-Nawaz over nomination of President PML-N Shahbaz Sharif for the covete
Published 17 Aug, 2018 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange.

Published 17 Aug, 2018 12:00am
Election of Leader of House: PPP decides to abstain from voting

Election of Leader of House: PPP decides to abstain from voting

Pakistan People's Party (PPP) Thursday decided to abstain from the election of prime minister scheduled to be held today (Friday) in the wake of differences with Pakistan Muslim League-Nawaz over nomination of President PML-N Shahbaz Sharif for the covete
Published 17 Aug, 2018 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 17 Aug, 2018 12:00am
PTI's Mahmood elected KP CM

PTI's Mahmood elected KP CM

The Khyber Pakhtunkhwa (KP) Assembly Thursday elected PTI's candidate Mahmood Khan as 22nd Chief Minister (CM) of the province. The proceedings of the provincial assembly began with Speaker, Mushtaq Ahmad Ghani, in the chair. However, due to the absence o
Published 17 Aug, 2018 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Pakistan Stock Exchange.

Published 17 Aug, 2018 12:00am
PTI's Mahmood elected KP CM

PTI's Mahmood elected KP CM

The Khyber Pakhtunkhwa (KP) Assembly Thursday elected PTI's candidate Mahmood Khan as 22nd Chief Minister (CM) of the province. The proceedings of the provincial assembly began with Speaker, Mushtaq Ahmad Ghani, in the chair. However, due to the absence o
Published 17 Aug, 2018 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 17 Aug, 2018 12:00am
Elahi elected Speaker of Punjab Assembly

Elahi elected Speaker of Punjab Assembly

The joint candidate of PTI-led alliance Chaudhry Pervez Elahi was on Thursday elected Speaker of the Punjab Assembly after securing 201 votes - both from treasury and opposition benches. Elahi's rival, PML-N's Chaudhry Iqbal obtained 147 votes. One vote w
Published 17 Aug, 2018 12:00am
Elahi elected Speaker of Punjab Assembly

Elahi elected Speaker of Punjab Assembly

The joint candidate of PTI-led alliance Chaudhry Pervez Elahi was on Thursday elected Speaker of the Punjab Assembly after securing 201 votes - both from treasury and opposition benches. Elahi's rival, PML-N's Chaudhry Iqbal obtained 147 votes. One vote w
Published 17 Aug, 2018 12:00am
Murad retains Sindh CM's office

Murad retains Sindh CM's office

PPP's top contender, Syed Murad Ali Shah on Thursday overwhelmingly succeeded to retain the chief minister's office for the next five years, vowing to continue the Benazir Income Support Programme for the poor in the province. Murad, secured 97 votes defe
Published 17 Aug, 2018 12:00am
Murad retains Sindh CM's office

Murad retains Sindh CM's office

PPP's top contender, Syed Murad Ali Shah on Thursday overwhelmingly succeeded to retain the chief minister's office for the next five years, vowing to continue the Benazir Income Support Programme for the poor in the province. Murad, secured 97 votes defe
Published 17 Aug, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (August 16, 2018).

Published 17 Aug, 2018 12:00am
BRIndex100 maintains downtrend

BRIndex100 maintains downtrend

A bearish trend continued on Pakistan Stock Exchange due to selling in almost all sectors by local and foreign investors. BRIndex100 lost 63.51 points or 1.39 percent to close at 4,518.77 points on Thursday. BRIndex100 touched intraday high of 4,584.85 an
Published 17 Aug, 2018 12:00am
BRIndex100 maintains downtrend

BRIndex100 maintains downtrend

A bearish trend continued on Pakistan Stock Exchange due to selling in almost all sectors by local and foreign investors. BRIndex100 lost 63.51 points or 1.39 percent to close at 4,518.77 points on Thursday. BRIndex100 touched intraday high of 4,584.85 an
Published 17 Aug, 2018 12:00am
THE RUPEE: rising trend
Currency

THE RUPEE: rising trend

The rupee extended overnight gains in terms of the dollar on Thursday in the process of trading activity, dealers said. The rupee picked up around 23 paisas in relation to the US currency for buying and selling at Rs 123.50 and Rs 123.55 respectively, the
Published 17 Aug, 2018 12:00am
'PTI govt' & tax reforms

'PTI govt' & tax reforms

The newly-formed coalition government of Tehreek-i-Insaf (PTI) has to address daunting challenges on many fronts, e.g. achieving political stability by working with strong Opposition, uprooting terrorism, improving law and order situation, countering extr
Published 17 Aug, 2018 12:00am
CJP clarification

CJP clarification

Chief Justice Mian Saqib Nisar clarified on Thursday that he a day earlier referred to constitution of joint investigation team (JIT) for Dawn Leaks by former Interior Minister Chaudhry Nisar and it was not meant for the Panama Leaks JIT. Heading a three-
Published 17 Aug, 2018 12:00am
Forex reserves slip below $17 billion

Forex reserves slip below $17 billion

The country's total liquid foreign exchange reserves slipped below $17 billion. According to State Bank of Pakistan (SBP) weekly report issued Thursday, the country's total liquid forex reserves declined by $292 million to $16.713 billion as on August 10,
Published 17 Aug, 2018 12:00am
Forex reserves slip below $17 billion

Forex reserves slip below $17 billion

The country's total liquid foreign exchange reserves slipped below $17 billion. According to State Bank of Pakistan (SBP) weekly report issued Thursday, the country's total liquid forex reserves declined by $292 million to $16.713 billion as on August 10,
Published 17 Aug, 2018 12:00am
Forex reserves slip below $17 billion

Forex reserves slip below $17 billion

The country''s total liquid foreign exchange reserves slipped below $17 billion. According to State Bank of Pakistan (SBP) weekly report issued Thursday, the country''s total liquid forex reserves declined by $292 million to $16.713 billion as on August 1
Published 17 Aug, 2018 12:00am
'Queen of Soul' Aretha Franklin dies

'Queen of Soul' Aretha Franklin dies

Aretha Franklin, the music icon, legendary singer and "Queen of Soul" loved by millions whose history-making career spanned six decades, died on Thursday, her longtime publicist announced. She was 76. She influenced generations of female singers with unfo
Published 17 Aug, 2018 12:00am
'Queen of Soul' Aretha Franklin dies

'Queen of Soul' Aretha Franklin dies

Aretha Franklin, the music icon, legendary singer and "Queen of Soul" loved by millions whose history-making career spanned six decades, died on Thursday, her longtime publicist announced. She was 76. She influenced generations of female singers with unfo
Published 17 Aug, 2018 12:00am
FT chief returns part of salary after staff anger

FT chief returns part of salary after staff anger

The chief executive of the Financial Times, John Ridding, is to return some of his pay from last year following staff criticism, the business daily reported on Thursday. In a note to employees, he said he would return a 2017 pay increase which took his to
Published 17 Aug, 2018 12:00am
FT chief returns part of salary after staff anger

FT chief returns part of salary after staff anger

The chief executive of the Financial Times, John Ridding, is to return some of his pay from last year following staff criticism, the business daily reported on Thursday. In a note to employees, he said he would return a 2017 pay increase which took his to
Published 17 Aug, 2018 12:00am
Keita re-elected Mali president with landslide

Keita re-elected Mali president with landslide

Malian President Ibrahim Boubacar Keita has been re-elected for a five-year term after winning a landslide in a runoff ballot, according to official figures Thursday. The elections have been closely watched abroad, as Mali is a linchpin state in the jihad
Published 17 Aug, 2018 12:00am
Keita re-elected Mali president with landslide

Keita re-elected Mali president with landslide

Malian President Ibrahim Boubacar Keita has been re-elected for a five-year term after winning a landslide in a runoff ballot, according to official figures Thursday. The elections have been closely watched abroad, as Mali is a linchpin state in the jihad
Published 17 Aug, 2018 12:00am
Country in quest of energy minister

Country in quest of energy minister

Imran Khan, Prime Minister-designate, has publicly confirmed only one member of his cabinet - Asad Umar to head the Ministry of Finance and thus intense speculation continues about who would get which portfolio in the federal cabinet. Rumour has it that t
Published 17 Aug, 2018 12:00am
Taliban show of strength

Taliban show of strength

While the siege of Ghazni continues amidst heavy fighting in eastern Afghanistan since August 9, 2018, the Taliban have used the stretched deployment of the Afghan military and security forces and US air support in defence of the strategic city on the mai
Published 17 Aug, 2018 12:00am
PML-N all set to replace PPP's leader of opposition in Senate

PML-N all set to replace PPP's leader of opposition in Senate

Pakistan Muslim League-Nawaz (PML-N) is all set to replace Pakistan Peoples Party's (PPP) Leader of the Opposition in Senate Sherry Rehman after the party refused to extend support to its nominee Shahbaz Sharif who is contesting election against Imran Kha
Published 17 Aug, 2018 12:00am
Over 79 die in recent monsoon rains: NDMA

Over 79 die in recent monsoon rains: NDMA

Over 79 people, including 23 children and 13 women, died in recent spate of monsoon started from June 20, according to the National Disaster Management Authority (NDMA) data released here on Thursday. The data covers the tally from June 20, 2018 to August
Published 17 Aug, 2018 12:00am
Zardari felicitates Murad Ali Shah

Zardari felicitates Murad Ali Shah

Former President Asif Ali Zardari has felicitated Syed Murad Ali Shah for being elected as chief minister Sindh and hoped that Sindh will prosper under his leadership.
Published 17 Aug, 2018 12:00am
Iranian speaker felicitates NA speaker

Iranian speaker felicitates NA speaker

The Speaker Islamic Consultative Assembly of Iran, Ali Larijani telephoned the newly elected Speaker National Assembly, Asad Qaiser on Thursday and congratulated him on his election as Speaker National Assembly of Pakistan.
Published 17 Aug, 2018 12:00am