News Archives for Print - 2018-09-15

LME official prices

The following were Thursday official prices.

Published 15 Sep, 2018 12:00am

India''s Iran oil purchases to fade ahead of US sanctions

Indian refiners will cut their monthly crude loadings from Iran for September and October by nearly half from earlier this year as New Delhi works to win waivers on the oil export sanctions Washington plans to reimpose on Tehran in November.

Published 15 Sep, 2018 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (September 14, 2018).

Published 15 Sep, 2018 12:00am

India's Iran oil purchases to fade ahead of US sanctions

Indian refiners will cut their monthly crude loadings from Iran for September and October by nearly half from earlier this year as New Delhi works to win waivers on the oil export sanctions Washington plans to reimpose on Tehran in November.

Published 15 Sep, 2018 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (September 14, 2018)

Published 15 Sep, 2018 12:00am

India's Iran oil purchases to fade ahead of US sanctions

Indian refiners will cut their monthly crude loadings from Iran for September and October by nearly half from earlier this year as New Delhi works to win waivers on the oil export sanctions Washington plans to reimpose on Tehran in November.

Published 15 Sep, 2018 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Friday (September 14, 2018).

Published 15 Sep, 2018 12:00am

Kulsoom Nawaz laid to rest

The funeral prayer of Begum Kulsoom Nawaz, wife of former prime minister and Pakistan Muslim League-Nawaz (PML-N) supremo Nawaz Sharif, was offered at Sharif Medical City, Raiwind, on Friday amid stringent security cover. Noted religious scholar Maulana T

Published 15 Sep, 2018 12:00am

Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Friday (September 14, 2018).

Published 15 Sep, 2018 12:00am

Kulsoom Nawaz laid to rest

The funeral prayer of Begum Kulsoom Nawaz, wife of former prime minister and Pakistan Muslim League-Nawaz (PML-N) supremo Nawaz Sharif, was offered at Sharif Medical City, Raiwind, on Friday amid stringent security cover. Noted religious scholar Maulana T

Published 15 Sep, 2018 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (September 14, 2018).

Published 15 Sep, 2018 12:00am

Pakistan, Turkey agree to take FTA talks to conclusion

Pakistan and Turkey Friday agreed for taking talks on Free Trade Agreement (FTA) to logical conclusion at the earliest, besides agreeing on boosting trade, economic, investment and defense relations. The understanding was reached during delegation level t

Published 15 Sep, 2018 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (September 14, 2018).

Published 15 Sep, 2018 12:00am

Pakistan, Turkey agree to take FTA talks to conclusion

Pakistan and Turkey Friday agreed for taking talks on Free Trade Agreement (FTA) to logical conclusion at the earliest, besides agreeing on boosting trade, economic, investment and defense relations. The understanding was reached during delegation level t

Published 15 Sep, 2018 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Friday (September 14, 2018).

Published 15 Sep, 2018 12:00am

Pakistan, Turkey agree to take FTA talks to conclusion

Pakistan and Turkey Friday agreed for taking talks on Free Trade Agreement (FTA) to logical conclusion at the earliest, besides agreeing on boosting trade, economic, investment and defense relations. The understanding was reached during delegation level t

Published 15 Sep, 2018 12:00am

Kerb

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Friday (September 14, 2018).

Published 15 Sep, 2018 12:00am

Extradition of Dar now in sight

The British High Commission in Islamabad Friday said that there is no extradition treaty between Pakistan and the United Kingdom but the government of Pakistan can legally make a request with regard to extradition of former Finance Minister Ishaq Dar. Com

Published 15 Sep, 2018 12:00am

Currency

THE RUPEE: gives up losses

The rupee gave up some losses against the dollar on the local money market on Friday in process of trading, dealers said. The rupee did not show visible change versus the US currency for buying and selling at Rs 124.24 and Rs 124.25 respectively, they add

Published 15 Sep, 2018 12:00am

Extradition of Dar now in sight

The British High Commission in Islamabad Friday said that there is no extradition treaty between Pakistan and the United Kingdom but the government of Pakistan can legally make a request with regard to extradition of former Finance Minister Ishaq Dar. Com

Published 15 Sep, 2018 12:00am

Currency

THE RUPEE: gives up losses

The rupee gave up some losses against the dollar on the local money market on Friday in process of trading, dealers said. The rupee did not show visible change versus the US currency for buying and selling at Rs 124.24 and Rs 124.25 respectively, they add

Published 15 Sep, 2018 12:00am

Qureshi to visit Kabul today

Foreign Minister Shah Mehmood Qureshi will embark on a daylong visit to Kabul today (Saturday) in a bid to reset the estranged ties marred by trust deficit between the two countries. In his first foreign trip as the foreign minister, Foreign Office source

Published 15 Sep, 2018 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Friday (September 14, 2018).

Published 15 Sep, 2018 12:00am

Qureshi to visit Kabul today

Foreign Minister Shah Mehmood Qureshi will embark on a daylong visit to Kabul today (Saturday) in a bid to reset the estranged ties marred by trust deficit between the two countries. In his first foreign trip as the foreign minister, Foreign Office source

Published 15 Sep, 2018 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Friday (September 14, 2018).

Published 15 Sep, 2018 12:00am

US official asserts tensions exist in ties with Pakistan

US State Department spokesperson Heather Nauert on Thursday while acknowledging concerns asserted that a state of tension existed in the ties of Pakistan and United States. During a department press briefing in Washington, Nauert maintained that US Secret

Published 15 Sep, 2018 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Friday (September 14, 2018).

Published 15 Sep, 2018 12:00am

Pull your socks up, PM asks bureaucrats

Prime Minister Imran Khan on Friday vowed to depoliticize bureaucracy, asking bureaucrats to support the government through a "down-cycle" over the next two years and back its out-of-the-box policy reforms. The Prime Minister, in his address to civil serv

Published 15 Sep, 2018 12:00am

Member to Member

The following transactions member to member subsequently reported on Friday (September 14, 2018).

Published 15 Sep, 2018 12:00am

Pull your socks up, PM asks bureaucrats

Prime Minister Imran Khan on Friday vowed to depoliticize bureaucracy, asking bureaucrats to support the government through a "down-cycle" over the next two years and back its out-of-the-box policy reforms. The Prime Minister, in his address to civil serv

Published 15 Sep, 2018 12:00am

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Friday (September 14, 2018)

Published 15 Sep, 2018 12:00am

BRIndex100 suffers erosion

Pakistan Stock Exchange Friday maintained declining trend due to selling in various sectors. BRIndex100 decreased by 11.78 points or 0.27 percent to close at 4,400.71 points. BRIndex-100 touched intraday high of 4,435.94 and intraday low of 4,381.54 point

Published 15 Sep, 2018 12:00am

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Friday (September 14, 2018)

Published 15 Sep, 2018 12:00am

BRIndex100 suffers erosion

Pakistan Stock Exchange Friday maintained declining trend due to selling in various sectors. BRIndex100 decreased by 11.78 points or 0.27 percent to close at 4,400.71 points. BRIndex-100 touched intraday high of 4,435.94 and intraday low of 4,381.54 point

Published 15 Sep, 2018 12:00am

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Friday (September 14, 2018)

Published 15 Sep, 2018 12:00am

BRIndex100 suffers erosion

Pakistan Stock Exchange Friday maintained declining trend due to selling in various sectors. BRIndex100 decreased by 11.78 points or 0.27 percent to close at 4,400.71 points. BRIndex-100 touched intraday high of 4,435.94 and intraday low of 4,381.54 point

Published 15 Sep, 2018 12:00am

BRIndex100 and BR Sectoral Indices

BRIndex100 and BR Sectoral Indices on Friday (September 14, 2018).

Published 15 Sep, 2018 12:00am

July-August FDI down 40 percent

The Foreign Direct Investment (FDI) maintained slowdown dropping by 40 percent in the first two months of this fiscal year (FY19). The State Bank of Pakistan (SBP) Friday reported that, Pakistan fetched FDI amounting to $288.2 million in July-August of FY

Published 15 Sep, 2018 12:00am

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 15 Sep, 2018 12:00am

July-August FDI down 40 percent

The Foreign Direct Investment (FDI) maintained slowdown dropping by 40 percent in the first two months of this fiscal year (FY19). The State Bank of Pakistan (SBP) Friday reported that, Pakistan fetched FDI amounting to $288.2 million in July-August of FY

Published 15 Sep, 2018 12:00am

Board meetings in progress

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

Published 15 Sep, 2018 12:00am

July-August FDI down 40 percent

The Foreign Direct Investment (FDI) maintained slowdown dropping by 40 percent in the first two months of this fiscal year (FY19). The State Bank of Pakistan (SBP) Friday reported that, Pakistan fetched FDI amounting to $288.2 million in July-August of FY

Published 15 Sep, 2018 12:00am

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 15 Sep, 2018 12:00am

China likely to announce unilateral trade concessions

China is likely to announce unilateral trade concessions to Pakistan on high priority items during China Import Expo in November 5, 2018 at Shanghai to be attended by Prime Minister Imran Khan. This was stated by Abdul Razak Dawood, Prime Minister''s Advi

Published 15 Sep, 2018 12:00am

Dividend/Bonus Announcements

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

Published 15 Sep, 2018 12:00am

China likely to announce unilateral trade concessions

China is likely to announce unilateral trade concessions to Pakistan on high priority items during China Import Expo in November 5, 2018 at Shanghai to be attended by Prime Minister Imran Khan. This was stated by Abdul Razak Dawood, Prime Minister's Advis

Published 15 Sep, 2018 12:00am

Last date of renunciation/payment

Last dates of renunciation/payment.

Published 15 Sep, 2018 12:00am

China likely to announce unilateral trade concessions

China is likely to announce unilateral trade concessions to Pakistan on high priority items during China Import Expo in November 5, 2018 at Shanghai to be attended by Prime Minister Imran Khan. This was stated by Abdul Razak Dawood, Prime Minister's Advis

Published 15 Sep, 2018 12:00am

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 15 Sep, 2018 12:00am

Copper prices fall on Chinese demand fears

Copper prices fell on Friday as data in China pointing to a cooling economy and a worsening trade dispute between Washington and Beijing raised concerns that Chinese demand for metals would fall more than expected. Benchmark copper on the London Metal Exc

Published 15 Sep, 2018 12:00am

Clearing Schedule for T+2 System

Pakistan Stock Exchange's Clearing Schedule for T+2 System.

Published 15 Sep, 2018 12:00am

Big Three oil states can offset fall in Iran supplies: Perry

Saudi Arabia, the United States and Russia can between them raise global output in the next 18 months to compensate for falling oil supplies from Iran and elsewhere, US Energy Secretary Rick Perry said on a visit to Moscow on Friday. US sanctions on Iran'

Published 15 Sep, 2018 12:00am

Cotton

Dates of Closure of Books & Annual General Meetings

Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed on the stock exchanges.

Published 15 Sep, 2018 12:00am

Oil mixed as China tariff talk scotches early rally

Oil prices pulled back on Friday amid concerns additional US tariffs would be placed on China, trading mixed after a rally triggered by worries of more sanctions on Iran. Crude futures were on track to end the week up about 1.6 percent. Traders said a ral

Published 15 Sep, 2018 12:00am

EFU TAKAFUL AGGRESSIVE FUND RATES

EFU Takaful Aggressive Fund Rates on Friday (September 14, 2018).

Published 15 Sep, 2018 12:00am

Tokyo rubber rises

Benchmark Tokyo rubber futures rose on Friday, shrugging off losses in Shanghai, as China-US trade tensions eased and on expectation of strong seasonal demand going forward. The Tokyo Commodity Exchange rubber contract for February delivery finished 0.3 y

Published 15 Sep, 2018 12:00am

EFU TAKAFUL AGGRESSIVE FUND RATES

EFU Takaful Aggressive Fund Rates on Friday (September 14, 2018).

Published 15 Sep, 2018 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

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

Published 15 Sep, 2018 12:00am

EFU TAKAFUL AGGRESSIVE FUND RATES

EFU Takaful Aggressive Fund Rates on Friday (September 14, 2018).

Published 15 Sep, 2018 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

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

Published 15 Sep, 2018 12:00am

EFU TAKAFUL GROWTH FUND RATES

EFU Takaful Growth Fund Rates on Friday (September 14, 2018).

Published 15 Sep, 2018 12:00am

Vegetable Oil

Palm oil falls to two-week low

Malaysian palm oil futures fell to a two week low on Friday over concerns of rising stocks, a stronger ringgit and weaker related edible oils. A stronger ringgit usually makes palm oil more expensive for holders of foreign currencies. The ringgit, palm's

Published 15 Sep, 2018 12:00am

EFU TAKAFUL GROWTH FUND RATES

EFU Takaful Growth Fund Rates on Friday (September 14, 2018).

Published 15 Sep, 2018 12:00am

New York cocoa tumbles, raw sugar sinks

New York cocoa futures on ICE tumbled more than $100 per tonne on Friday, on concerns about possible low-quality beans in the United States, while raw sugar slumped nearly 6 percent on profit-taking in the final minutes of the trading session. December Ne

Published 15 Sep, 2018 12:00am

EFU TAKAFUL GROWTH FUND RATES

EFU Takaful Growth Fund Rates on Friday (September 14, 2018).

Published 15 Sep, 2018 12:00am

Gold slips in New York

Gold prices slid on Thursday as investors purchased riskier assets instead of seeking a safe haven in gold, amid hopes for a new round of US-China trade talks. Spot gold declined 0.3 percent to $1,202.30 per ounce by 1:34 p.m. EDT (1734 GMT), after earlie

Published 15 Sep, 2018 12:00am

EFU AGGRESSIVE FUND RATES

EFU Aggressive Fund Rates on Friday (September 14, 2018).

Published 15 Sep, 2018 12:00am

Gold rises in Asia

Gold rose on Friday as the dollar faltered after softer-than-expected US inflation data dimmed the case for a faster pace of policy tightening by the US Federal Reserve, amid signs of movement in the Sino-US trade standoff. Spot gold was up 0.5 percent at

Published 15 Sep, 2018 12:00am

EFU AGGRESSIVE FUND RATES

EFU Aggressive Fund Rates on Friday (September 14, 2018).

Published 15 Sep, 2018 12:00am

Currency

Gold climbs in Europe

Gold edged higher on Friday, supported by a drop in the dollar, but gains were tempered by expectations of a US rate hike later this month. The dollar index slipped to a 1-1/2 month low after weaker-than-expected US inflation data and a recovery in emergi

Published 15 Sep, 2018 12:00am

EFU AGGRESSIVE FUND RATES

EFU Aggressive Fund Rates on Friday (September 14, 2018).

Published 15 Sep, 2018 12:00am

US MIDDAY: wheat rises

US wheat futures rose 1.5 percent on Friday, rebounding from an eight-week low on a round of technical buying and short-covering ahead of the weekend, traders said. Soyabean and corn futures were slightly lower, with expectations for bumper US harvests of

Published 15 Sep, 2018 12:00am

EFU GUARANTEED GROWTH FUND RATES

EFU Guaranteed Growth Fund Rates on Friday (September 14, 2018).

Published 15 Sep, 2018 12:00am

US MIDDAY: gold turns negative

Gold turned negative on Friday, as the US dollar rose against the Chinese yuan after US President Donald Trump reportedly told aides to proceed with tariffs on Chinese imports. Trump has directed aides to place tariffs on about $200 billion of Chinese goo

Published 15 Sep, 2018 12:00am

Currency	Rate
USD PKR Interbank Selling / Dec 17	278.60
USD PKR Interbank Buying / Dec 17	278.60
USD to Japanese Yen / Dec 17	1.05
USD to Swiss Franc / Dec 17	0.90
Pound Sterling to USD / Dec 17	1.27
Euro to USD / Dec 17	154.09

Stock	Volume
S&P 500 / Dec 16	6,074.08
Nasdaq / Dec 16	20,173.89
Dow Jones / Dec 16	43,717.48
India Sensex / Dec 17	80,962.81
Tokyo Nikkei / Dec 17	39,364.68
Hang Seng / Dec 17	19,777.10
FTSE 100 / Dec 17	8,214.43
Germany DAX 30 / Dec 17	20,290.76

Item	Value
Gold 10 Grams PKR / Dec 16	243,059.70
Crude Oil USD/Barrel / Dec 17	70.82
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold Spot USD/Ounce / Dec 17	2,654.67
Cotton US¢/pound / Dec 17	69.11
Petrol/Litre / Dec 18	252.10

Stock	Price
Dadabhoy Cement / Dec 17 Dadabhoy Cement Industries Limited(DBCI)	7.11 ▲ 1.00 (16.37%)
First Capital Equities / Dec 17 First Capital Equities Limited(FCEL)	6.74 ▲ 0.82 (13.85%)
Oilboy Energy / Dec 17 Oilboy Energy Limited(OBOY)	10.45 ▲ 1.00 (10.58%)
LSE Financial Serv. / Dec 17 LSE Financial Services Limited(LSEFSL)	18.32 ▲ 1.67 (10.03%)
Air Link Com. / Dec 17 Air Link Communication Limited(AIRLINK)	208.93 ▲ 18.99 (10.00%)
Data Agro / Dec 17 Data Agro Limited(DAAG)	126.58 ▲ 11.51 (10.00%)
Fazal Cloth / Dec 17 Fazal Cloth Mills Limited(FZCM)	179.55 ▲ 16.32 (10.00%)
Land Mark Spinning / Dec 17 Landmark Spinning Industries Limited(LMSM)	63.91 ▲ 5.81 (10.00%)
Pak Datacom / Dec 17 Pak Datacom Limited(PAKD)	94.49 ▲ 8.59 (10.00%)

Stock	Price
Tri-Star Power / Dec 17 Tri-Star Power Limited(TSPL)	5.51 ▼ -0.74 (-11.84%)
Gulshan Sp. / Dec 17 Gulshan Spinning Mills Limited(GSPM)	4.19 ▼ -0.51 (-10.85%)
Sanghar Sugar / Dec 17 Sanghar Sugar Mills Limited(SANSM)	32.02 ▼ -3.56 (-10.01%)
Aisha Steel (CPS) / Dec 17 Aisha Steel Mills Limited (CPS)(ASLCPS)	20.17 ▼ -2.24 (-10.00%)
Chakwal Spinning / Dec 17 Chakwal Spinning Mills Limited(CWSM)	53.72 ▼ -5.97 (-10.00%)
Leiner Pak Gelat / Dec 17 Leiner Pak Gelatine Limited(LPGL)	126.67 ▼ -14.07 (-10.00%)
Mari Petroleum / Dec 17 Mari Petroleum Company Limited(MARI)	809.76 ▼ -89.97 (-10.00%)
Quetta Textile / Dec 17 Quetta Textile Mills Limited(QUET)	17.73 ▼ -1.97 (-10.00%)
Fateh Ind. / Dec 17 Fateh Industries Limited(FIL)	120.57 ▼ -13.37 (-9.98%)

Stock	Volume
WorldCall Telecom / Dec 17 Worldcall Telecom Limited(WTL)	403,228,918 ▼ -0.06
Pak Elektron / Dec 17 Pak Elektron Limited(PAEL)	107,379,306 ▲ 3.33
Cnergyico PK / Dec 17 Cnergyico PK Limited(CNERGY)	59,584,754 ▼ -0.06
B.O.Punjab / Dec 17 The Bank of Punjab(BOP)	57,023,129 ▲ 0.59
Pak Refinery / Dec 17 Pakistan Refinery Limited(PRL)	55,947,968 ▲ 3.65
Sui South Gas / Dec 17 Sui Southern Gas Company Limited(SSGC)	42,917,218 ▲ 1.17
PIA Holding Co.Ltd / Dec 17 PIA Holding Company Limited(PIAHCLA)	36,337,248 ▲ 1.16
Fauji Foods Ltd / Dec 17 Fauji Foods Limited(FFL)	33,958,478 ▼ -0.28
Hub Power Co. / Dec 17 The Hub Power Company Limited(HUBC)	33,067,460 ▲ 11.97

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