News Archives for Print - 2018-12-12

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (December 11, 2018).

Published 12 Dec, 2018 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Tuesday (December 11, 2018).

Published 12 Dec, 2018 12:00am

Libor

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Tuesday (December 11, 2018).

Published 12 Dec, 2018 12:00am

Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Tuesday (December 11, 2018).

Published 12 Dec, 2018 12:00am

Currency

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Tuesday (December 11, 2018).

Published 12 Dec, 2018 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (December 11, 2018).

Published 12 Dec, 2018 12:00am

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 12 Dec, 2018 12:00am

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 12 Dec, 2018 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 12 Dec, 2018 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 12 Dec, 2018 12:00am

Aaj TV - Wednesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 12 Dec, 2018 12:00am

Indian markets stage sharp recovery

Indian bonds and stocks rebounded after early falls on Tuesday to end stronger while the rupee recovered from the day's low as state election results were not as poor for the ruling party as some expected. But anxiety after the surprise resignation of Res

Published 12 Dec, 2018 12:00am

Tokyo stocks lower

Tokyo shares closed lower on Tuesday as uncertainty caused by factors including Brexit and trade tensions weighed on the market, wiping out early gains. The benchmark Nikkei 225 index fell 0.34 percent or 71.48 points to 21,148.02 while the broader Topix

Published 12 Dec, 2018 12:00am

Tuesday's early trade: S&P, Dow turn negative after Trump threatens government shutdown

The S&P 500 and the Dow Jones Industrial Average gave up all gains on Tuesday, reversing from a strong start on the back of progress in U.S.-China trade talks, as President Donald Trump threatened to shut down the federal government over funding for a wal

Published 12 Dec, 2018 12:00am

Wall Street ends choppy day higher; tech helps, Brexit weighs

Wall Street ended Monday's volatile session slightly higher with help from technology stocks although bank stocks tumbled and uncertainty over Britain's exit from the European Union kept investors on edge about global growth. The energy index was the S&P'

Published 12 Dec, 2018 12:00am

Australian, New Zealand shares up

Australian shares edged higher on Tuesday as China confirmed it was moving ahead on trade talks with the United States, though the benchmark index still held close to two-year lows plumbed in the previous session. The S&P/ASX 200 index rose 0.4 percent or

Published 12 Dec, 2018 12:00am

Treasury yields slightly up

US Treasury yields drifted higher on Monday as Wall Street stocks recovered, but trading was mostly rangebound as investors digested the Brexit turmoil and its impact on other assets after Britain's Prime Minister Theresa May postponed a parliamentary vot

Published 12 Dec, 2018 12:00am

Treasury yields slightly up

Published 12 Dec, 2018 12:00am

Banks propel Egypt gain, Dubai recoups some losses

Egypt's blue-chip index continued to gain on Tuesday after enjoying its biggest one-day gain in two years in the last session, while Dubai recovered partially from five-year lows, lifted by gains in real estate shares. The Egyptian index rose 1.5 percent

Published 12 Dec, 2018 12:00am

China stocks surge

China stocks ended higher on Tuesday in very thin trade as Beijing confirmed that it is still in trade talks with Washington, and as investors looked to market support from government policies aimed at countering slowing growth. At the close, the Shanghai

Published 12 Dec, 2018 12:00am

Trade war optimism lifts European shares

European shares rose on Tuesday as optimism over the China-US trade dispute helped them recover from the two-year lows hit in the previous session on a burst of political risk and worries over slowing global growth. The pan-European STOXX 600 benchmark in

Published 12 Dec, 2018 12:00am

Southeast Asian stocks: Malaysia index hits lowest since January 2017

Philippines shares rose on Tuesday as investors hunted for bargains following four consecutive sessions of decline, while a sell-off continued in most other Southeast Asian stock markets on growing fears around global growth.

Published 12 Dec, 2018 12:00am

UK shares join global stock recovery but Brexit nerves weigh

UK shares joined a global equity bounce on Tuesday, although banks and other domestically exposed stocks were left behind as uncertainty grew over Britain's exit from the European Union. The FTSE 100 top share index was up 1.3 percent at the close with ga

Published 12 Dec, 2018 12:00am

China loans top forecasts but other credit gauges at record lows

China's banks extended more new loans than expected in November after a sharp drop the previous month, in a sign that recent government pressure on lenders to help struggling smaller firms may be starting to bear fruit. But several other key credit gauges

Published 12 Dec, 2018 12:00am

Venezuelan government takes over Goodyear plant

The Venezuelan government took control Tuesday of installations owned by Goodyear, a day after the US tire-maker closed its operations in the crisis-torn South American country. In a statement read on state VTV television, the government said it had taken

Published 12 Dec, 2018 12:00am

Disney again makes history with takings above $7 billion for 2018

Walt Disney Studios is again ending the year on a high note, posting more than $7 billion in global box office earnings, thanks to hits such as "Black Panther" and "Avengers: Infinity War." "This is only the second time in history any studio has surpassed

Published 12 Dec, 2018 12:00am

Verizon slashes value of assets by $4.6 billion

Verizon announced Tuesday that it will slash $4.6 billion in value from assets purchased from Yahoo because of disappointing performance. Verizon had argued that combining Yahoo Finance and Yahoo Mail with HuffPost and other AOL assets would draw advertis

Published 12 Dec, 2018 12:00am

Apple phones still sold in China despite ban

Apple stores in China continued with business as usual Tuesday despite a court-ordered ban on iPhone sales, but the US tech giant faces a growing nationalist backlash over the US-sought arrest of a Huawei executive. According to US chipmaker Qualcomm, whi

Published 12 Dec, 2018 12:00am

Signs of gloom lifting for German investors

Confidence among German investors recovered slightly from recent months' lows in December, a regular survey found Tuesday, but remained gloomy overall. Measuring expectations for the coming months, the ZEW institute's monthly barometer based on a poll of

Published 12 Dec, 2018 12:00am

India names Modi ally as new central bank chief

India's government named an ally of Prime Minister Narendra Modi as the country's new central bank chief Tuesday, a day after his predecessor quit following a dispute about government interference. Shaktikanta Das has been appointed governor of the Reserv

Published 12 Dec, 2018 12:00am

Italy says: France deficit problematic 'if rules same for all'

Italian Deputy Prime Minister Luigi Di Maio said on Tuesday that "there will be a French problem" on top of an Italian one if its deficit breaches EU rules after Emmanuel Macron unveiled measures to quell protests. An increased deficit "will create a Fren

Published 12 Dec, 2018 12:00am

EU will 'closely monitor' French deficit

The European Commission on Tuesday said Brussels will keep close watch over France's new spending plans, a day after President Emmanuel Macron unveiled new measures to quell violent protests. But the Commission, the European Union's executive arm, said it

Published 12 Dec, 2018 12:00am

US producer prices rise

US producer prices unexpectedly rose in November as increases in the costs for services offset a sharp decline for energy products, but the overall momentum in wholesale inflation appears to be slowing. With oil prices down sharply since October, inflatio

Published 12 Dec, 2018 12:00am

Currency

Tunisia's trade deficit rises to record $5.86 billion

Tunisia's trade deficit widened by 21 percent year-on-year in the first 11 months of 2018 to 17.32 billion dinars ($5.86 billion), a record level, the State Statistics Institute said on Tuesday. The deficit was 14.3 billion dinars in the same period last

Published 12 Dec, 2018 12:00am

British ad giant WPP axes net 2,500 jobs

Global advertising giant WPP on Tuesday unveiled a new growth plan and said it would axe a net 2,500 jobs as it moves on from the controversial exit of old boss Martin Sorrell. The company, which is struggling to compete with US technology titans Google a

Published 12 Dec, 2018 12:00am

Currency

Top EU court gives all-clear for ECB bond-buying

The European Union's highest court ruled Tuesday that the European Central Bank's "quantitative easing" (QE) bond-buying programme is not illegal, rejecting a case by German plaintiffs. "The PSPP (public sector purchase programme) does not exceed the ECB'

Published 12 Dec, 2018 12:00am

Currency

Top EU court gives all-clear for ECB bond-buying

Published 12 Dec, 2018 12:00am

Iceman Hallgrimsson 'surprised' by move to Qatari hotseat

Former Iceland boss Heimir Hallgrimsson said Qatar "was the place to be" as he was officially unveiled as the coach of club side Al-Arabi in Doha on Tuesday. It is Hallgrimsson's first job since leaving the Iceland post and guiding his country to their fi

Published 12 Dec, 2018 12:00am

Australia Big Bash League swaps coin toss for bat flip

Australia's high-octane Big Bash League (BBL) will break with tradition and do away with the coin toss when its new season starts later this month. Instead captains will flip a bat, calling "hills" or "flats" rather than heads or tails. "For me it's a gre

Published 12 Dec, 2018 12:00am

Japan's Seto breaks short-course world record

Japan's Daiya Seto smashed Chad le Clos's short-course record in the men's 200m butterfly as he grabbed gold at the world championships to stun the South African on Tuesday. The 24-year-old Seto pipped his more famous rival by only 0.08sec to make a piece

Published 12 Dec, 2018 12:00am

Bahrain footballer to remain in detention

A former Bahrain national footballer with Australian refugee status must remain in detention in Thailand as he awaits possible extradition, a Bangkok court said Tuesday, as campaigners say they fear he could be "tortured" if returned to the Gulf state. Ha

Published 12 Dec, 2018 12:00am

Brilliant Hope levels series for West Indies

Shai Hope smashed a brilliant century as West Indies edged Bangladesh by four wickets in the second one-day international to level the three-match series 1-1 in Dhaka on Tuesday. Opener Hope hit an unbeaten 146 off 144 balls, guiding West Indies to 256-6

Published 12 Dec, 2018 12:00am

Australia look for quick fix ahead of second India Test

Australia skipper Tim Paine admitted there was little time to regroup after the first Test defeat to India, but said he had no doubt under-fire fast bowling spearhead Mitchell Starc would bounce back in Perth. The second Test starts on Friday with India f

Published 12 Dec, 2018 12:00am

Pakistan squash teams for US Junior, British Junior Open

Pakistan Squash Federation has selected a group of junior players for participation in US Junior Championship 2018 and the British Junior Championship, 2019. A comprehensive training camp was arranged for selected players at Mushaf Squash Complex, Islamab

Published 12 Dec, 2018 12:00am

Sports world must join climate change crusade, says IOC

The world of sports must join the effort to tame global warming, and the International Olympic Committee intends to lead the way, it said on Tuesday at UN climate talks in Katowice, Poland. At the 195-nation negotiations, the IOC and UN launched an initia

Published 12 Dec, 2018 12:00am

Badminton's Lee reveals tears over cancer diagnosis

Malaysian badminton great Lee Chong Wei has revealed how he broke down in tears after learning he had nose cancer - and detailed the "nightmare" treatment that left him unable to speak or eat. Lee, who is eyeing a return to action next year, told The Star

Published 12 Dec, 2018 12:00am

Currency

Pound near 20-month low in Asia

The pound languished near 20-month lows against the dollar on Tuesday after British Prime Minister Theresa May postponed a crucial vote on her Brexit deal, rasing the risk of a chaotic exit from the European Union. May on Monday postponed a parliamentary

Published 12 Dec, 2018 12:00am

Pound trims losses, dollar retreats in Europe

The British pound crawled off 20-month lows on Tuesday as Prime Minister Theresa May sought support from European leaders to change her Brexit deal, with investors weighing chances of a chaotic British exit from the European Union. May met Dutch Prime Min

Published 12 Dec, 2018 12:00am

Currency

Early trade in New York: Dollar rises against basket of currencies

The dollar edged higher against a basket of currencies on Tuesday, hovering near a two-week high, as China and the United States laid out a plan on the next stage of their trade talks to avert a trade war between the world's two biggest economies. The ste

Published 12 Dec, 2018 12:00am

Currency

Sterling slumps, dollar rebounds in New York

The pound slumped to its weakest level in 20 months against the dollar on Monday as British Prime Minister Theresa May postponed a parliamentary vote on her Brexit deal, rekindling doubts about the United Kingdom's departure from the European Union in Mar

Published 12 Dec, 2018 12:00am

Aussie, kiwi up

The Australian and New Zealand dollars bounced off the canvas on Tuesday as signs US and Chinese officials were still talking on trade helped soften the body blow of UK Brexit chaos. Sentiment improved just marginally after China's Commerce Ministry said

Published 12 Dec, 2018 12:00am

Currency

Asian forex: Indian rupee plunges

The Indian rupee plummeted on Tuesday to a one-month low, before some of loss was pared, in the wake of the surprise resignation of the country's central bank governor. The rupee fell as much as 1.6 percent to 72.463 per dollar in early trade, but by 0505

Published 12 Dec, 2018 12:00am

Currency

Sterling sinks below $1.25

Sterling's rebound came to an abrupt halt on Tuesday after a report that colleagues of Prime Minister Theresa May believed they had sufficient numbers to mount a no-confidence vote in her leadership. The pound fell to a new 20-month low of $1.2490, down m

Published 12 Dec, 2018 12:00am

Chinese steel futures fall for second session

Chinese steel futures dropped for a second straight session on Monday, pressured by high supply that has shrunk profit margins at steel producers and curbed appetite for raw material iron ore. Crude steel output in the world's top producer is expected to

Published 12 Dec, 2018 12:00am

Cotton

PMEX daily trading report

On Monday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,676. The traded value of Metals, Energy and COTS/FX was recorded at 33.462 billion and the number of lots traded 39,905.

Published 12 Dec, 2018 12:00am

Asian gasoline crack back to negative on ample supply

Asia's gasoline crack flipped back to a discount against Brent crude on Monday as few signs of an easing supply glut over the near term and higher crude oil prices on Friday weighed on sentiment. The Singapore 92 RON gasoline crack against Brent crude sli

Published 12 Dec, 2018 12:00am

India's October tea output falls

India's October tea production fell 3.7 percent from year ago to 176.44 million kg as plucking dropped in top producer north-eastern Assam state, the state-run Tea Board said on Friday. Production in Assam fell 7.6 percent to 96.21 million kg in October,

Published 12 Dec, 2018 12:00am

EU wheat steady near two-week high

Euronext wheat ended little changed on Monday in the run-up to widely followed US government data but improved export sentiment helped keep prices near an earlier two-week high. Benchmark March milling wheat on the Paris-based Euronext exchange settled 0.

Published 12 Dec, 2018 12:00am

Activities at Karachi and Qasim Ports

The Karachi Port handled 113,946 tonnes of cargo comprising 98,319 tonnes of import cargo and 15,627 tonnes of export cargo including 6,825 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday. The total import cargos of 98

Published 12 Dec, 2018 12:00am

Cotton

Trade activity rises on cotton market

Trade activity improved on the cotton market on Tuesday as buyers showed interest in making new deals, dealers said. The official spot rate was unchanged at Rs 8,800, they added. Prices of seed cotton in Sindh improved slightly at Rs 3000-4000, in the Pun

Published 12 Dec, 2018 12:00am

Dry winds to reduce Ivory Coast cocoa quality

Below-average rainfall in most of Ivory Coast's cocoa growing regions last week could reduce the quality of beans harvested at the end of the October-to-March main crop, farmers said on Monday. Ivory Coast, the world's top cocoa producer, is in its dry se

Published 12 Dec, 2018 12:00am

Myanmar and India strengthen ties

India inked science and tech deals with Myanmar on Tuesday, as well as pledging to train judges and build houses in crisis-hit Rakhine state, as Delhi cosies up to the strategically important Southeast Asian country. Both China and India covet Myanmar's g

Published 12 Dec, 2018 12:00am

Fashion giants commit to climate battle

Dozens of top fashion industry firms have pledged at the UN climate talks to reduce their combined greenhouse gas emissions by 30 percent by 2030. "The fashion industry is always two steps ahead when it comes to defining world culture, so I am pleased to

Published 12 Dec, 2018 12:00am

France ships 1,400 assault rifles to Central Africa army

France on Tuesday handed over 1,400 AK-47 assault rifles and three amphibious vehicles to the Central African Republic to shore up its beleaguered armed forces. French Defence Minister Florence Parly oversaw the handover at a ceremony at M'Polo military b

Published 12 Dec, 2018 12:00am

Yemen government, rebels name 15,000 prisoners for swap

Yemen's government and rival rebels agreed Tuesday on a mass prisoner swap, exchanging more than 15,000 names, but warned that talks this week were unlikely to yield a truce. Nearly four years into a war that has pushed 14 million Yemenis to the brink of

Published 12 Dec, 2018 12:00am

Albanian students revolt over tuition costs

Thousands of Albanian university students took to Tirana's streets on Tuesday for their biggest show of strength yet in a protest movement demanding lower tuition fees and more investment in public education. The protests, which kicked off last week, are

Published 12 Dec, 2018 12:00am

Russia fines Google

Russia on Tuesday fined US internet giant Google for failing to ban sites ruled to be extremist from appearing in search results. Critics have accused Russian authorities of using such bans to silence opponents. Russia's communications watchdog announced

Published 12 Dec, 2018 12:00am

Google has 'no plans' to launch Chinese search engine

Google has "no plans" to relaunch a search engine in China though it is continuing to study the idea, Chief Executive Sundar Pichai told a US congressional panel on Tuesday amid increased scrutiny of big tech firms. Lawmakers and Google employees have rai

Published 12 Dec, 2018 12:00am

Previous Day

Forex
World
Commodity

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

Gainers
Losers
Leaders

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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