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Print - 2018-12-07
Khushal leaves for Canada, US Junior Squash events

Khushal leaves for Canada, US Junior Squash events

Pakistan's brilliant squash player Khushal Riaz Khan left for Canada on Thursday to participate in the Canadian Junior Open Squash Championship 2018 commencing from December 8 in Toronto.
Published 07 Dec, 2018 12:00am
Don't see 'elements of recession' in near term, says Lagarde

Don't see 'elements of recession' in near term, says Lagarde

Despite some uncertainty and market volatility, the United States is not likely to see an economic contraction in the near term, IMF chief Christine Lagarde said Thursday. On a day when Wall Street has dropped more than two percent, Lagarde said "there's
Published 07 Dec, 2018 12:00am
WTO chief warns of economic danger of trade war

WTO chief warns of economic danger of trade war

All countries will lose in a global trade war, the head of the world's trade referee warned in a speech on Wednesday. Under attack from US President Donald Trump, the head of the World Trade Organization, Roberto Azevedo, acknowledged that reforms are nee
Published 07 Dec, 2018 12:00am
US trade deficit hits 10-year high; job growth slowing

US trade deficit hits 10-year high; job growth slowing

The US trade deficit jumped to a 10-year high in October as soybean exports dropped further and imports of consumer goods rose to a record high, suggesting the Trump administration's tariff-related measures to shrink the trade gap likely have been ineffec
Published 07 Dec, 2018 12:00am
Maduro announces $6 billion in Russian investments in Venezuela

Maduro announces $6 billion in Russian investments in Venezuela

Venezuela's President Nicolas Maduro announced $6 billion in Russian oil and gold mining investments in his crisis-wracked South American country Thursday, after talks in Moscow with Kremlin officials. The Venezuelan strongman is in Moscow to whip up supp
Published 07 Dec, 2018 12:00am
World food prices fall to lowest in over two years
Vegetable Oil

World food prices fall to lowest in over two years

World food prices declined in November to their lowest level in more than two years, led by declines in vegetable oils, dairy and cereal, the United Nations food agency said on Thursday. The Food and Agriculture Organization's (FAO) food price index, whic
Published 07 Dec, 2018 12:00am
Cuba scraps some private sector restrictions after backlash

Cuba scraps some private sector restrictions after backlash

Havana on Wednesday announced it was scrapping some tough new restrictions on the private sector that had been set to take effect at the end of this week and had caused concerns among entrepreneurs. Speaking on national television, Labor Minister Margarit
Published 07 Dec, 2018 12:00am
China to 'immediately' implement US trade truce measures

China to 'immediately' implement US trade truce measures

China said Thursday it would "immediately" implement measures agreed under a trade war truce with the United States - and was confident it could reach a deal within 90 days. The commerce ministry's remarks came days after US President Donald Trump and Chi
Published 07 Dec, 2018 12:00am
Eiffel Tower, shops to close as fears of French protest violence mount

Eiffel Tower, shops to close as fears of French protest violence mount

Paris's Eiffel Tower will close on Saturday over fears of fresh violence during nationwide protests against President Emmanuel Macron, as police urged shops and restaurants on the Champs-Elysees to shut their doors too. Around a dozen museums across the c
Published 07 Dec, 2018 12:00am
Child marriage costs countries billions in lost earnings: World Bank

Child marriage costs countries billions in lost earnings: World Bank

Respect Ruvimbo Topodzi was 15 and walking home from school in her native Zimbabwe when a 22-year-old man asked her out. She turned him down but it was too late. Her father saw them and assumed they were already together. He told her she had to marry the
Published 07 Dec, 2018 12:00am
UK stocks suffer losses not seen since 2016 Brexit vote

UK stocks suffer losses not seen since 2016 Brexit vote

UK shares plunged on Thursday and recorded losses not seen since the aftermath of the Brexit vote as a sell-off swept global markets following the arrest of a top Huawei executive that renewed worries about US-China trade tensions.
Published 07 Dec, 2018 12:00am
Southeast Asian stocks end lower

Southeast Asian stocks end lower

Southeast Asian stock markets closed lower on Thursday, in line with broader Asia, after the arrest of a top executive of Chinese tech giant Huawei for extradition to the US stoked fears of an escalation in tensions between the two countries.
Published 07 Dec, 2018 12:00am
Australian, New Zealand shares fall

Australian, New Zealand shares fall

Australian shares fell to an over two-week low on Thursday after Canadian authorities arrested a senior executive of Chinese tech giant Huawei for extradition to the United States, sparking fears of a fresh clash between Washington and Beijing.
Published 07 Dec, 2018 12:00am
European shares plunge to two-year low

European shares plunge to two-year low

European shares sank on Thursday after the arrest of a top executive at China's Huawei fanned worries over the Sino-US trade war, sending global stocks spiralling downward with tech and auto among the worst-hit areas.
Published 07 Dec, 2018 12:00am
China, HK stocks slump as Huawei CFO arrest triggers tech sell-off

China, HK stocks slump as Huawei CFO arrest triggers tech sell-off

Sharp losses in technology shares pulled down benchmark stock indexes in China and Hong Kong on Thursday, after the global chief financial officer of Chinese technology giant Huawei was arrested in relation to alleged violations of US sanctions.
Published 07 Dec, 2018 12:00am
Sri Lankan stocks up

Sri Lankan stocks up

The Colombo stock index rose 0.59 percent to 6,032.54 on Thursday. It had risen 1.5 percent last week, recording its first weekly gain in four. It gained 1.1 percent in November and has declined 5.3 percent so far this year.
Published 07 Dec, 2018 12:00am
Indian shares post worst levels in two weeks

Indian shares post worst levels in two weeks

Indian shares ended lower on Thursday, marking their worst closing levels in two weeks, dragged down by index heavyweights such as Reliance Industries Ltd and Infosys Ltd. The broader NSE index closed 1.69 percent lower at 10,601.15, while the benchmark B
Published 07 Dec, 2018 12:00am
Tokyo shares fall

Tokyo shares fall

Tokyo stocks plunged Thursday on renewed worries about fraught China-US ties following the arrest of a top executive of Chinese telecoms firm Huawei in Canada on an American request. The benchmark Nikkei 225 index lost 1.91 percent, or 417.71 points, to 2
Published 07 Dec, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 07 Dec, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 07 Dec, 2018 12:00am
Money Market Report
Kerb

Money Market Report

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

Spot dollar rates

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

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

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (December 06, 2018).

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

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (December 06, 2018).

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

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (December 06, 2018).

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

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (December 06, 2018).

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

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (December 06, 2018).

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

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (December 06, 2018).

Published 07 Dec, 2018 12:00am
UCG project at Thar: SC asks NAB to investigate Mubarakmand

UCG project at Thar: SC asks NAB to investigate Mubarakmand

The Supreme Court on Thursday directed National Accountability Bureau to investigate Dr Samar Mubarakmand and others for causing a huge loss to the national exchequer in Underground Coal Gasification (UCG) project at Thar. Chief Justice Mian Saqib Nisar,
Published 07 Dec, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (December 06, 2018).

Published 07 Dec, 2018 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (December 06, 2018).

Published 07 Dec, 2018 12:00am
IDB commits $1 billion to finance TAPI pipeline project

IDB commits $1 billion to finance TAPI pipeline project

Islamic Development Bank (IDB) has committed $ 1 billion to finance Turkmenistan, Afghanistan, Pakistan and India (TAPI) gas pipeline project. Sources said that the gas agreement has been reached with IDB to provide $ 700 million for TAPI portion in Turkm
Published 07 Dec, 2018 12:00am
IDB commits $1 billion to finance TAPI pipeline project

IDB commits $1 billion to finance TAPI pipeline project

Islamic Development Bank (IDB) has committed $ 1 billion to finance Turkmenistan, Afghanistan, Pakistan and India (TAPI) gas pipeline project. Sources said that the gas agreement has been reached with IDB to provide $ 700 million for TAPI portion in Turkm
Published 07 Dec, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (December 06, 2018)

Published 07 Dec, 2018 12:00am
IDB commits $1 billion to finance TAPI pipeline project

IDB commits $1 billion to finance TAPI pipeline project

Islamic Development Bank (IDB) has committed $ 1 billion to finance Turkmenistan, Afghanistan, Pakistan and India (TAPI) gas pipeline project. Sources said that the gas agreement has been reached with IDB to provide $ 700 million for TAPI portion in Turkm
Published 07 Dec, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (December 06, 2018).

Published 07 Dec, 2018 12:00am
Forex reserves again slip below $14 billion

Forex reserves again slip below $14 billion

The country's total liquid foreign exchange reserves fell by $576 million during last week, mainly due to external debt servicing. According to State Bank of Pakistan's (SBP) weekly report issued Thursday, the country's total liquid foreign exchange reser
Published 07 Dec, 2018 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 07 Dec, 2018 12:00am
Forex reserves again slip below $14 billion

Forex reserves again slip below $14 billion

The country's total liquid foreign exchange reserves fell by $576 million during last week, mainly due to external debt servicing. According to State Bank of Pakistan's (SBP) weekly report issued Thursday, the country's total liquid foreign exchange reser
Published 07 Dec, 2018 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 07 Dec, 2018 12:00am
Forex reserves again slip below $14 billion

Forex reserves again slip below $14 billion

The country''s total liquid foreign exchange reserves fell by $576 million during last week, mainly due to external debt servicing. According to State Bank of Pakistan''s (SBP) weekly report issued Thursday, the country''s total liquid foreign exchange re
Published 07 Dec, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (December 06, 2018).

Published 07 Dec, 2018 12:00am
Stocks fall on China executive arrest; oil slips on Opec output delay

Stocks fall on China executive arrest; oil slips on Opec output delay

Stock markets around world slid on Thursday as the arrest of a top Chinese technology executive cast further shadows on US-China trade relations, while oil prices sank after OPEC delayed an output decision. The arrest of smartphone maker Huawei Technolo
Published 07 Dec, 2018 12:00am
Warning issued to PTM

Warning issued to PTM

Pakistan Army on Thursday issued a strict warning to Pashtun Tahafuz Movement (PTM) against crossing the "line", saying that the State will act to do whatever is required to establish its writ if the "line" is crossed.
Published 07 Dec, 2018 12:00am
Warning issued to PTM

Warning issued to PTM

Pakistan Army on Thursday issued a strict warning to Pashtun Tahafuz Movement (PTM) against crossing the "line", saying that the State will act to do whatever is required to establish its writ if the "line" is crossed.
Published 07 Dec, 2018 12:00am
FO hints at raising CSF issue with US

FO hints at raising CSF issue with US

Foreign Office on Thursday hinted at raising the issue of suspended outstanding amount under Coalition Support Fund (CSF) with the US as the ongoing talks move forward. Responding to media queries during his weekly briefing, Foreign Office Spokesperson Dr
Published 07 Dec, 2018 12:00am
FO hints at raising CSF issue with US

FO hints at raising CSF issue with US

Foreign Office on Thursday hinted at raising the issue of suspended outstanding amount under Coalition Support Fund (CSF) with the US as the ongoing talks move forward. Responding to media queries during his weekly briefing, Foreign Office Spokesperson Dr
Published 07 Dec, 2018 12:00am
Army says it backs US talks with Afghan Taliban

Army says it backs US talks with Afghan Taliban

Army on Thursday threw its support behind the latest US efforts for a political settlement with the Afghan Taliban to end a 17-year-old war, urging Washington to leave Kabul as a friend of the region rather than a "failure". The comments by Pakistan's arm
Published 07 Dec, 2018 12:00am
Army says it backs US talks with Afghan Taliban

Army says it backs US talks with Afghan Taliban

Army on Thursday threw its support behind the latest US efforts for a political settlement with the Afghan Taliban to end a 17-year-old war, urging Washington to leave Kabul as a friend of the region rather than a "failure". The comments by Pakistan's arm
Published 07 Dec, 2018 12:00am
Stocks fall on China executive arrest; oil slips on Opec output delay

Stocks fall on China executive arrest; oil slips on Opec output delay

Stock markets around world slid on Thursday as the arrest of a top Chinese technology executive cast further shadows on US-China trade relations, while oil prices sank after OPEC delayed an output decision. The arrest of smartphone maker Huawei Technolo
Published 07 Dec, 2018 12:00am
Stocks fall on China executive arrest; oil slips on Opec output delay

Stocks fall on China executive arrest; oil slips on Opec output delay

Stock markets around world slid on Thursday as the arrest of a top Chinese technology executive cast further shadows on US-China trade relations, while oil prices sank after OPEC delayed an output decision. The arrest of smartphone maker Huawei Technolo
Published 07 Dec, 2018 12:00am
Swati resigns

Swati resigns

Minister for Science and Technology Azam Khan Swati on Thursday called it a day as he is facing a case in top court of the country for allegedly influencing a senior police officer in a bid to intimidate a slum dweller. Swati, who is being probed over all
Published 07 Dec, 2018 12:00am
The Weather

The Weather

The weather report on Thursday (December 06, 2018) and the forecast for Friday (December 07, 2018).

Published 07 Dec, 2018 12:00am
UCG project at Thar: SC asks NAB to investigate Mubarakmand

UCG project at Thar: SC asks NAB to investigate Mubarakmand

The Supreme Court on Thursday directed National Accountability Bureau to investigate Dr Samar Mubarakmand and others for causing a huge loss to the national exchequer in Underground Coal Gasification (UCG) project at Thar. Chief Justice Mian Saqib Nisar,
Published 07 Dec, 2018 12:00am
Swati resigns

Swati resigns

Minister for Science and Technology Azam Khan Swati on Thursday called it a day as he is facing a case in top court of the country for allegedly influencing a senior police officer in a bid to intimidate a slum dweller. Swati, who is being probed over all
Published 07 Dec, 2018 12:00am
BRIndex100 plummets
Mutual Funds

BRIndex100 plummets

A bearish trend continued on Pakistan Stock Exchange due to selling in various sectors. BRIndex100 lost 108.07 points or 2.61 percent to close at 4,038.77 points on Thursday. BRIndex100 touched intraday high of 4,167.22 and intraday low of 4,030.64 points
Published 07 Dec, 2018 12:00am