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Feb 16, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2018-11-07
Kosovo hikes taxes on Serbian goods

Kosovo hikes taxes on Serbian goods

Kosovo raised taxes on Serbian goods by 10 percent on Tuesday, saying the move was in retaliation for Belgrade's efforts to thwart recognition of its former southern province. Kosovo's government said the tax would apply to all products coming from Serbia
Published 07 Nov, 2018 12:00am
Free eye camp to be held in Pak Pattan on November 9

Free eye camp to be held in Pak Pattan on November 9

Baba Farid free laser eye camp will begin from Friday 9th Nov in Pak Pattan to provide free eye treatment to less-privileged people of remote areas. The 263rd free eye camp is being setup by the Haji Razzak Janoo Memorial Trust, which is one of the larges
Published 07 Nov, 2018 12:00am
Namoos-e-Risalat biggest issue of country: Siraj

Namoos-e-Risalat biggest issue of country: Siraj

Chief of Jamaat-e-Islami, Pakistan, Senator Sirajul Haq, has said that the issue of the Namoos-e-Risalat was the biggest issue of the country at present as profanity of the Holy Prophet (PBUH) was going on in this Islamic state. He was addressing the oath
Published 07 Nov, 2018 12:00am
Hamza holds PTI government responsible for soaring inflation

Hamza holds PTI government responsible for soaring inflation

Opposition Leader in the Punjab Assembly Hamza Shahbaz on Tuesday chaired a consultative meeting, which finalized strategy for the provincial assembly session starting from November 8. Among others, the meeting was attended by the former Punjab Assembly S
Published 07 Nov, 2018 12:00am
LHC moved against PTI candidate

LHC moved against PTI candidate

A PML-N candidate in senate by-election has challenged the nomination papers of Pakistan Tehreek-e-Insaf (PTI) candidate Walid Iqbal in the Lahore High Court. Petitioner Saud Aziz contended through his counsel that Walid concealed details of his assets an
Published 07 Nov, 2018 12:00am
Buzdar felicitates: PM on China's successful visit

Buzdar felicitates: PM on China's successful visit

Felicitating the Prime Minister Imran Khan on his successful visit to China, the Punjab Chief Minister Sardar Usman Buzdar on Tuesday said that Chinese consent to make further investment in CPEC is a welcome sign, which will help improve the economic cond
Published 07 Nov, 2018 12:00am
22,396 apply for e-Rozgaar's project

22,396 apply for e-Rozgaar's project

The Punjab Information Technology Board (PITB) and Ministry of Youth Affairs and Sports joint project "e-Rozgaar Programme", for graduates for free training to earn through the internet and taking freelancing as a serious profession has received remarkabl
Published 07 Nov, 2018 12:00am
Scientists urged to develop fisheries sector

Scientists urged to develop fisheries sector

The country per capita fish consumption is only 2 kilograms as compared to world of 21 kilograms annually. It was stated by experts at the inaugural session of seminar on aquaculture: opportunities and challenges arranged by Department of Zoology, wildlif
Published 07 Nov, 2018 12:00am
CMP officials visit PSCA

CMP officials visit PSCA

A 74-member delegation of Corps of Military Police (CMP) School of Dera Ismail Khan on Tuesday visited the Punjab police Integrated Command, Control and Communication Centre (PPIC) established at the Punjab Safe Cities Authority (PSCA). PSCA Chief Operati
Published 07 Nov, 2018 12:00am
PIA ask staff not to travel on bulkhead seats

PIA ask staff not to travel on bulkhead seats

The management of Pakistan International Airlines (PIA) has imposed a ban on travelling on bulkhead seats by its staff. According to the directives issued by PIA CEO Air Marshal Arshad Malik here on Tuesday, the reform process in the national flag carrier
Published 07 Nov, 2018 12:00am
PMEX records highest-ever monthly trading volume in October

PMEX records highest-ever monthly trading volume in October

Pakistan Mercantile Exchange Limited (PMEX), the country's only multi-commodity futures exchange, recorded the highest trading volume in the month of October 2018, since commencement of operations in 2007. The Exchange registered trading volume of Rs306 b
Published 07 Nov, 2018 12:00am
Zardari greets Hindus on Dewali

Zardari greets Hindus on Dewali

Former President Asif Ali Zardari has greeted the Hindus on the occasion of Dewali and called for strengthening interfaith harmony for promoting the cause of peace in the country and in the region.
Published 07 Nov, 2018 12:00am
Transfer & posting

Transfer & posting

Amer Ali Ahmad, a grade-20 officer of Pakistan Administrative Service, presently posted under the Punjab government, has been transferred and posted as chief commissioner ICT. Outgoing Commissioner ICT, Joudat Ayaz is transferred and placed at the disposa
Published 07 Nov, 2018 12:00am
GlaxoSmithKline Consumer Healthcare Pakistan Limited
Currency

GlaxoSmithKline Consumer Healthcare Pakistan Limited

GlaxoSmithKline Consumer Healthcare (PSX: GSKCH) de-merged from GSK Pakistan in line with the strategy of its parent company GSK PLC UK to unbundle its healthcare business from the rest of its operations. GSK Consumer Healthcare Netherlands is a global jo
Published 07 Nov, 2018 12:00am
GlaxoSmithKline Consumer Healthcare Pakistan Limited
Currency

GlaxoSmithKline Consumer Healthcare Pakistan Limited

GlaxoSmithKline Consumer Healthcare (PSX: GSKCH) de-merged from GSK Pakistan in line with the strategy of its parent company GSK PLC UK to unbundle its healthcare business from the rest of its operations. GSK Consumer Healthcare Netherlands is a global jo
Published 07 Nov, 2018 12:00am
Shell convention on sustainable energy future for Pakistan

Shell convention on sustainable energy future for Pakistan

In a convention held at Islamabad, Shell engaged with the government, business leaders, diplomats and academia to share insights in energy transition and help shape discussion around building a sustainable energy future for Pakistan.
Published 07 Nov, 2018 12:00am
PATI hails Pak-Chinese trade in their own currencies
Currency

PATI hails Pak-Chinese trade in their own currencies

Pakistan Awami Tehreek-e-Inqilab (PATI) Chairman Prof Aftab Lodhi has termed the Pak-Chinese decision to trade in their own currencies as a landmark development in history. Talking to the Tehreek's economic committee, here Tuesday, Lodhi said that PATI ha
Published 07 Nov, 2018 12:00am
US MIDDAY: Gold dips

US MIDDAY: Gold dips

Gold fell on Tuesday as US equities and the dollar firmed ahead of the outcome of US congressional elections, denting the precious metal's appeal. Spot gold fell 0.4 percent to $1,226.44 per ounce as of 1:03 p.m. EST (1803 GMT), while US gold futures edge
Published 07 Nov, 2018 12:00am
US MIDDAY: wheat futures higher

US MIDDAY: wheat futures higher

US wheat futures touched a one-week high on Tuesday on light short-covering and worries about declining US crop condition ratings, analysts said. Corn futures were choppy while soyabeans drifted lower as traders awaited direction ahead of US congressional
Published 07 Nov, 2018 12:00am
Gold down in Europe

Gold down in Europe

Gold was slightly softer on Tuesday as Americans began casting their votes in US midterm elections and investors braced for any market fallout from the result, which could fuel interest in the metal as a hedge against risk. Spot gold was down 0.1 percent
Published 07 Nov, 2018 12:00am
Gold little changed in Asia

Gold little changed in Asia

Gold prices were little changed on Tuesday ahead of the US midterm elections that may fuel interest in the metal as a hedge against risk if the result sparks volatility in the wider financial markets. Spot gold was largely unchanged at $1,231.20 per ounce
Published 07 Nov, 2018 12:00am
Gold holds tight range in New York

Gold holds tight range in New York

Gold inched lower on Monday as investors took some profits following a recent rally, but the metal traded within a narrow range as caution set in ahead of the US congressional elections. Spot gold was down 0.1 percent at $1,230.76 per ounce by 1:30 p.m. E
Published 07 Nov, 2018 12:00am
Tyre manufacturers promise to put the brakes on deforestation

Tyre manufacturers promise to put the brakes on deforestation

Environmental groups welcomed an initiative by global tyre manufacturers to stop the destruction of forests to make way for rubber plantations, but warned that the industry-backed organization must act independently to be effective. The Global Platform fo
Published 07 Nov, 2018 12:00am
Tullow sees first Kenyan crude shipments in first half 2019

Tullow sees first Kenyan crude shipments in first half 2019

Africa-focused Tullow Oil expects the first crude shipments from its Kenyan oilfields in the first half of 2019 and is pricing the product for the market, the company's chief executive said on Tuesday. Paul McDade also told Reuters that Tullow, which has
Published 07 Nov, 2018 12:00am
Sugar and coffee fall as Brazil currency weakens
Currency

Sugar and coffee fall as Brazil currency weakens

Raw sugar and arabica coffee futures on ICE fell on Tuesday, pressured by weakness in the currency of Brazil, the top producer of both commodities. A weaker real weighs on prices because it increases local currency returns on dollar-traded commodities suc
Published 07 Nov, 2018 12:00am
Tokyo rubber nears 26-month low

Tokyo rubber nears 26-month low

Benchmark Tokyo rubber futures extended declines on Tuesday to hold near a 26-month low amid consistent worries over slack demand. The Tokyo Commodity Exchange rubber contract for April delivery finished 1.2 yen lower at 159.5 yen ($1.41) per kg, marking
Published 07 Nov, 2018 12:00am
Oil prices drop over 1 percent on Iran sanctions waivers
Currency

Oil prices drop over 1 percent on Iran sanctions waivers

Oil prices fell on Tuesday, with US crude futures sliding to an eight-month low, a day after Washington granted sanction waivers to top buyers of Iranian oil and as Iran said it had so far been able to sell as much oil as it needs to sell. Brent crude fut
Published 07 Nov, 2018 12:00am
Venezuelan oil production in 'free fall': IEA's Birol

Venezuelan oil production in 'free fall': IEA's Birol

Venezuela's crude production was in "free-fall" and could soon fall below 1 million barrels per day (bpd), the International Energy Agency's Executive Director Fatih Birol said on Tuesday. Speaking to Reuters on the sidelines of the Africa Oil Week confer
Published 07 Nov, 2018 12:00am
Copper slips ahead of US elections, Fed meeting
Currency

Copper slips ahead of US elections, Fed meeting

Copper prices fell on Tuesday as the market waited for the result of the US midterm elections and a monetary policy meeting of the US Federal Reserve later this week. Benchmark copper on the London Metal Exchange closed down 0.5 percent at $6,158 a tonne.
Published 07 Nov, 2018 12:00am
CBOT wheat futures lower

CBOT wheat futures lower

Chicago Board of Trade wheat futures closed lower on Monday in technical trade as brokers awaited fresh market direction. CBOT December soft red winter wheat settled down 1-1/2 cents at $5.07-1/4 per bushel, retreating after reaching a one-week high at $5
Published 07 Nov, 2018 12:00am
Poland's September coal output hits record low

Poland's September coal output hits record low

Poland's hard coal output in September fell to a record monthly low of 4.89 million tonnes, data from the Industrial Development Agency (ARP) showed on Monday. Monthly coal production has remained above 5 million tonnes throughout 2018, and September's ou
Published 07 Nov, 2018 12:00am
Cotton prices rise on brisk activity
Cotton

Cotton prices rise on brisk activity

Prices maintained rising trend on the cotton market on Tuesday as mills and spinners continued buying following the fears of further cut in supply of lint cotton and some positive developments on economic front, dealers said.
Published 07 Nov, 2018 12:00am
Activities at Karachi and Qasim ports

Activities at Karachi and Qasim ports

The Karachi Port handled 127,806 tonnes of cargo comprising 107,664 tonnes of import cargo and 20,142 tonnes of export cargo including 7,685 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday. The total import cargos of 1
Published 07 Nov, 2018 12:00am
China's rebar steel futures recover from three weeks low

China's rebar steel futures recover from three weeks low

Shanghai rebar steel futures recovered from a three-week low to finish higher on Monday amid firm demand in top consumer China and efforts by the government to reinvigorate the world's No. 2 economy following a slew of downbeat data.
Published 07 Nov, 2018 12:00am
CBOT soyabean futures fall on profit taking

CBOT soyabean futures fall on profit taking

Chicago Board of Trade soyabean futures ended lower on Monday on favourable South American crop weather and profit taking after the benchmark January contract topped $9 a bushel last week, traders said. CBOT January soyabeans settled down 2 cents at $8.85
Published 07 Nov, 2018 12:00am
EU wheat slips on lack of new demand

EU wheat slips on lack of new demand

European wheat eased slightly on Monday due to a lack of new export demand and a fall on US markets but prices remained above the psychologically important 200 euro mark. A stronger euro also hampered the grain's competitiveness on world markets, weighing
Published 07 Nov, 2018 12:00am
Brazil in talks to boost soyameal exports to China

Brazil in talks to boost soyameal exports to China

Brazil's soya processing executives are in talks with Chinese government officials over ways to increase soyameal exports to the Asian nation, industry group Abiove said on Monday. China already buys around 80 percent of Brazilian soyabean exports. Accord
Published 07 Nov, 2018 12:00am
Asian naphtha continues in downward spiral

Asian naphtha continues in downward spiral

NAPHTHA: Asia's naphtha remained trapped in a downward spiral as high supplies and weakening petrochemical margins sent the physical crack value to a 25-month low of $40.78 a tonne. Traders said concerns of shrinking petrochemical margins were directly im
Published 07 Nov, 2018 12:00am
PMEX daily trading report
Cotton

PMEX daily trading report

On Monday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,602. The traded value of Metals, Energy and COTS/FX was recorded at 9.089 billion and the number of lots traded 14,587.
Published 07 Nov, 2018 12:00am
Brexit deal hopes send sterling to two-week highs
Currency

Brexit deal hopes send sterling to two-week highs

Sterling erased earlier losses and headed back towards the day's highs in volatile trading on Tuesday on growing hopes of a Brexit deal breakthrough after a cabinet meeting. British Brexit Secretary Dominic Raab said "Thumbs Up" on his way out of a weekly
Published 07 Nov, 2018 12:00am
Aussie, kiwi steady
Currency

Aussie, kiwi steady

The Australian and New Zealand dollars held tight ranges on Tuesday as traders awaited results from the US midterm elections, the first major test of President Donald Trump's big tax cuts and trade policies. The elections are expected to boost the Democra
Published 07 Nov, 2018 12:00am
Bitcoin volatility sinks to lowest in nearly two years
Currency

Bitcoin volatility sinks to lowest in nearly two years

Bitcoin has experienced one of its worst annual price performances of its short 10-year-old life but also appears to have become more stable in the process. Volatility of the original and biggest cryptocurrency has sunk to its lowest for nearly two years,
Published 07 Nov, 2018 12:00am
Asian forex: Indonesian rupiah outperforms cautious peers
Currency

Asian forex: Indonesian rupiah outperforms cautious peers

Indonesia's rupiah surged over 1 percent on improved dollar liquidity thanks to recent government bond issuance, while most other Asian currencies stuck to a tight range as caution kicked in ahead of the US mid-term elections. The rupiah rose 1.1 percent
Published 07 Nov, 2018 12:00am
Dollar dips modestly, euro up in New York
Currency

Dollar dips modestly, euro up in New York

The dollar fell modestly on Monday after three straight weeks of gains, pushing up the euro, with investors anxious a day before the US midterm congressional elections because of possible fallout on the economy. The Democrats are favoured to wrest control
Published 07 Nov, 2018 12:00am
Dollar edges up in Europe before midterm elections
Currency

Dollar edges up in Europe before midterm elections

The dollar edged up on Tuesday but its gains were limited by investor caution about the US midterm elections and any fallout for the world's largest economy. The greenback has outperformed most major currencies this year, benefiting from the robust US eco
Published 07 Nov, 2018 12:00am
Dollar trades in a tight range in Asia
Currency

Dollar trades in a tight range in Asia

The dollar held in tight ranges versus its major rivals on Tuesday with investors putting discretion before valour as they counted down to the US midterm vote, the first major electoral test of President Donald Trump's big tax cuts and hostile trade polic
Published 07 Nov, 2018 12:00am
Lebanon central bank says debt threat growing amid political vacuum

Lebanon central bank says debt threat growing amid political vacuum

Lebanon is failing to take steps to cut its huge deficit and national debt as its leaders struggle to form a government, the second vice-governor of its central bank said on Tuesday. "Fiscal consolidation is not in the offing as we had hoped," Saad Andary
Published 07 Nov, 2018 12:00am
Heineken seals $3 billion deal with China's top brewer

Heineken seals $3 billion deal with China's top brewer

Dutch brewing behemoth Heineken said Monday it had finalised a $3 billion deal to merge its Chinese operations with the country's top brewer, expanding its access to the world's largest beer market. Under the deal the Dutch brewer said it will take a 40 p
Published 07 Nov, 2018 12:00am
SoftBank posts eight-fold jump

SoftBank posts eight-fold jump

Japan's SoftBank Group said it logged an eight-fold jump in net profit in the six months to September thanks to strong returns from its investment funds. Net profit rose to 840 billion yen ($7.4 billion) from 103 billion yen during the same period last ye
Published 07 Nov, 2018 12:00am
Japan household spending falls

Japan household spending falls

Japan's household spending slumped in September from a year earlier, government data showed on Tuesday, falling well short of economists' expectations and suggesting a slow recovery after an earthquake and typhoons hit consumption. The surprise 1.6 percen
Published 07 Nov, 2018 12:00am
Australia's central bank extends record spell of stable rates

Australia's central bank extends record spell of stable rates

Australia's central bank left rates at record lows on Tuesday, in a widely expected move and marking a 27th straight month of stable policy as it awaits a pick up in inflation and wages growth. The Reserve Bank of Australia (RBA) ended its November board
Published 07 Nov, 2018 12:00am
Indonesia growth slows
Currency

Indonesia growth slows

Indonesia's growth slowed slightly in the third quarter, government data showed Monday, as Southeast Asia's largest economy grapples with an emerging currency selloff and a downturn in consumer spending. The commodities-driven economy expanded 5.17 percen
Published 07 Nov, 2018 12:00am
Taiwan fishermen protest over crackdown on troubled industry

Taiwan fishermen protest over crackdown on troubled industry

Fishermen and their families took to the streets in Taiwan Tuesday against what they said was an unfair crackdown on the industry which has been accused of illegal practices and human rights abuses. The rally by coastal and long-haul fishermen in the capi
Published 07 Nov, 2018 12:00am
Westpac earnings flat, as sector-wide scandals bite

Westpac earnings flat, as sector-wide scandals bite

Australia's Westpac Group announced full year profits of just over AU$8.0 billion Monday, a one percent increase, as the fallout from the country's banking sector scandals dented growth. The Sydney based financial firm said legal payouts, consumer refunds
Published 07 Nov, 2018 12:00am
High-flying women are closing the pay gap with men

High-flying women are closing the pay gap with men

High-flying women are catching up with men when it comes to executive pay but are still woefully under-represented at the top of the working world, a pay comparison firm said on Monday. The gap between what executive men and women earn fell sharply in Bri
Published 07 Nov, 2018 12:00am
High-flying women are closing the pay gap with men

High-flying women are closing the pay gap with men

High-flying women are catching up with men when it comes to executive pay but are still woefully under-represented at the top of the working world, a pay comparison firm said on Monday. The gap between what executive men and women earn fell sharply in Bri
Published 07 Nov, 2018 12:00am
Eurozone economy slowing, but not as much as feared

Eurozone economy slowing, but not as much as feared

Eurozone business growth slumped to a two-year low in October as growing trade tensions and tariffs, alongside rising political uncertainty, put a dent in exports and optimism, a survey showed on Tuesday. However, while survey and official figures on Tues
Published 07 Nov, 2018 12:00am
ECB expects moderation in eurozone housing market growth

ECB expects moderation in eurozone housing market growth

The rise in euro zone house prices is likely to slow as the market's cycle is relatively mature, but labour shortages could mitigate any such moderation, the European Central Bank said in an economic bulletin article on Tuesday. House prices are not yet a
Published 07 Nov, 2018 12:00am
Surprise rise in German orders eases growth concerns

Surprise rise in German orders eases growth concerns

German industrial orders rose unexpectedly in September, driven by bulk orders and higher demand from domestic and other euro zone clients, data showed on Tuesday, suggesting Europe's largest economy ended the third quarter on a solid footing. Orders edge
Published 07 Nov, 2018 12:00am
Finland's growth to slow, labour reforms needed: IMF

Finland's growth to slow, labour reforms needed: IMF

Finland's growth is likely to slow in coming years, the International Monetary Fund (IMF) said on Tuesday in an economic review of the eurozone member state. The IMF forecast growth of 2.8 percent in 2018 and 1.9 percent in 2019, compared with 2.8 percent
Published 07 Nov, 2018 12:00am
Pro-Brexit campaign facing data misuse fines

Pro-Brexit campaign facing data misuse fines

Companies linked to a leading pro-Brexit donor are being fined a total of £135,000 (154,000 euros, $176,000) for data protection breaches during Britain's 2016 referendum, officials said on Tuesday. The Leave.EU campaign, bankrolled by businessman Arron B
Published 07 Nov, 2018 12:00am
Toyota net profit up 16 percent, lifts full-year forecast

Toyota net profit up 16 percent, lifts full-year forecast

Japanese car giant Toyota upgraded its full-year forecast Tuesday, as the firm posted a 16-percent gain in net profit for the six months to September thanks to steady global sales and cost-cutting efforts. The maker of the Camry sedan and Prius hybrid rev
Published 07 Nov, 2018 12:00am
Toyota net profit up 16 percent, lifts full-year forecast

Toyota net profit up 16 percent, lifts full-year forecast

Japanese car giant Toyota upgraded its full-year forecast Tuesday, as the firm posted a 16-percent gain in net profit for the six months to September thanks to steady global sales and cost-cutting efforts. The maker of the Camry sedan and Prius hybrid rev
Published 07 Nov, 2018 12:00am
Ryanair shuts down Dutch base despite court ruling

Ryanair shuts down Dutch base despite court ruling

Irish budget airline Ryanair announced Tuesday it had shut down its Eindhoven base for winter, despite a Dutch court decision stopping it from forcing pilots there to transfer abroad. "The Ryanair base at Eindhoven closed yesterday (Monday), as planned,"
Published 07 Nov, 2018 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (November 06, 2018).
Published 07 Nov, 2018 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (November 06, 2018).

Published 07 Nov, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (November 06, 2018).

Published 07 Nov, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (November 06, 2018).

Published 07 Nov, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (November 06, 2018).

Published 07 Nov, 2018 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Tuesday (November 06, 2018).

Published 07 Nov, 2018 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Tuesday (November 06, 2018).

Published 07 Nov, 2018 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Tuesday (November 06, 2018).

Published 07 Nov, 2018 12:00am
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