News Archives for Print - 2019-01-08

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Print - 2019-01-08

New York cotton

The following were the fluctuations observed during the day:

Published 08 Jan, 2019 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 08 Jan, 2019 12:00am

Aaj TV - Tuesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 08 Jan, 2019 12:00am

Chinese steel, iron ore gain on cenbank policy, trade optimism

China's steel and iron ore futures started the week firmly on Monday, buoyed by central bank policy easing and on hopes that Beijing and Washington can strike a comprehensive trade deal.

Published 08 Jan, 2019 12:00am

India to import 1 million barrels of Iranian oil next month

State-run Bharat Petroleum Corp will import 1 million barrels of Iranian oil in February after a gap of three months, with the nation's overall purchases from Tehran remaining at 9 million barrels, three industry sources said.

Published 08 Jan, 2019 12:00am

Asia gasoline cracks fall; naphtha buyers emerge

Asia's gasoline crack fell to a two-session low of $1.46 a barrel after hitting a nine-week high in the previous session as higher supplies and stronger crude oil weighed on the market.

Published 08 Jan, 2019 12:00am

Tanzania ban on raw coffee exports unlikely to have big impact

A Tanzanian ban on exporting raw coffee is unlikely to have a significant impact since the industry already processes much of its output, a union official said on Monday.

Published 08 Jan, 2019 12:00am

Soyabean futures up in Asian trade

Chicago soyabean futures rose for a fourth consecutive session on Monday to their highest in nearly three weeks as trade talks between Washington and Beijing boosted expectations of US soybean exports to China.

Published 08 Jan, 2019 12:00am

Activities at Karachi and Qasim Ports

The Karachi Port handled 84,613 tonnes of cargo comprising 34,029 tonnes of import cargo and 50,584 tonnes of export cargo including 1,781 loaded and empty containers during the last 24 hours ending at 0700 hours on Monday.

Published 08 Jan, 2019 12:00am

Cotton

Mills, ginners adopt wait-and-see attitude

Main participant adopted wait-and-mood on the cotton market on Monday in expectations of positive developments, dealers said.

Published 08 Jan, 2019 12:00am

Cotton

PMEX daily trading report

On Friday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,588. The traded value of Metals, Energy and COTS/FX was recorded at PKR 15.280 billion and the number of lots traded 21,857. Major business was contributed by NSDQ100 amou

Published 08 Jan, 2019 12:00am

Indonesia 2019 cocoa bean imports estimated at 280,000-300,000 tonnes

Indonesia's cocoa bean imports for 2019 are expected to increase to 280,000 to 300,000 tonnes, an Indonesian Cocoa Industry Association official told Reuters on Thursday, as chocolate products become more popular in the domestic market.

Published 08 Jan, 2019 12:00am

China buys more US soya as officials meet for trade talks

Chinese importers made their third large US soyabean purchase in the past month on Monday, as officials from both countries meet this week for the first face-to-face talks since agreeing to a 90-day trade war truce on December 1, two traders with knowledg

Published 08 Jan, 2019 12:00am

Eurochem aims to become major potash market player by 2020

Russia-focused fertiliser producer Eurochem plans to become a major potash market player by 2020 with a production capacity of 2 million tonnes, its Chief Financial Officer Andrey Ilyin told Reuters. Swiss-based Eurochem, owned by Russian businessman Andr

Published 08 Jan, 2019 12:00am

Brazil soyabean farmers brace for more crop losses

Brazilian soya farmers face the prospect of more crop failures, a grain growers group said on Friday, as a leading agribusiness consultancy revised its forecast for the country's crop this year due to a drought that is hurting fields.

Published 08 Jan, 2019 12:00am

Building new specialty coffee benchmarks to secure better prices, supplies

Buyers and sellers of specialty coffee, increasingly worried about future supplies of high quality beans, are finding new ways to price their coffee after benchmark US futures hit a 13-year-low in late 2018.

Published 08 Jan, 2019 12:00am

Paulson keeps stake in gold investments during Q3

New York-based Paulson & Co, led by longtime gold bull John Paulson, kept its stake in gold investments during the third quarter of 2018 while other heavyweights including Jana Partners LLC and Caxton Corp remained unexposed to the metal.

Published 08 Jan, 2019 12:00am

Scarce rainfall, dry winds worry Ivory Coast cocoa farmers

Scarce rainfall and dry winds last week in most of Ivory Coast's cocoa-growing regions have raised concerns about the April-to-September mid-crop, farmers said on Monday.

Published 08 Jan, 2019 12:00am

Oil rise lifts all major Gulf markets, Saudi leads gains

All major Gulf markets rose for a third straight session on Monday, boosted by financial stocks amid rising oil prices, while Saudi Arabia and Qatar gained sharply as most of their banks increased.

Published 08 Jan, 2019 12:00am

Nikkei tracks sharp Wall Street gains

Japan's Nikkei rose on Monday, tracking sharp gains on Wall Street as dovish comments from the Federal Reserve chairman helped ease some of the market's worries about a slowdown in global growth. The Nikkei share average added 2.4 percent to 20,038.97, re

Published 08 Jan, 2019 12:00am

Monday's early trade: Wall Street higher as US-China trade talks begin

US stocks rose on Monday as gains in the technology and consumer discretionary sectors helped extend Friday's rally, with investors focused on the ongoing US-China trade talks. The rally was led by momentum names such as Amazon.com Inc, Netflix Inc and bi

Published 08 Jan, 2019 12:00am

Hong Kong shares up

Hong Kong shares ended higher on Monday after China's central bank cut banks' reserve requirements to boost the economy, and after the head of the US Federal Reserve moved to ease market concerns over the Fed's response to slowing growth. At the close of

Published 08 Jan, 2019 12:00am

Southeast Asian stocks rise on trade talk progress

Southeast Asian stock markets rose on Monday, with Singapore marking a three-week closing high, as the start of Sino-US trade talks raised hopes that a deal would alleviate concerns about slowing global economic growth. U.S officials are meeting their Chi

Published 08 Jan, 2019 12:00am

Indian shares move higher

Indian shares rose on Monday along with global markets as upbeat US data, a more dovish tone by the Federal Reserve, and the start of Sino-US trade talks soothed investor nerves about a slowing global economy. The benchmark BSE index closed the session 0.

Published 08 Jan, 2019 12:00am

Currency

China shares climb

China shares ended higher on Monday after the central bank moved to support economic growth with a broad cut in the amount of cash banks must hold as reserves, but ongoing uncertainty over the economy and outlook for trade continued to weigh on the market

Published 08 Jan, 2019 12:00am

European shares fall as economic growth concerns derail rally

European shares fell back on Monday, after rebounding at the end of last week, as lingering worries about the euro zone economy, Brexit and the US government shutdown offset hopes for a truce between Washington and Beijing over trade. The pan-European STO

Published 08 Jan, 2019 12:00am

Australian, New Zealand shares higher

Australian shares climbed to a one-month high on Monday, tracking a global relief rally buoyed by strong US jobs data and soothing comments from the US central bank chief, while mining and energy stocks gained traction on higher commodity and oil prices.

Published 08 Jan, 2019 12:00am

Trade talks rally shortlived as Brexit blues knock FTSE 100

The FTSE 100 fell on Monday as pessimism over the global economy and Brexit concerns arrested a rally prompted by US-Sino trade talks, while mid-caps advanced in part thanks to an upbeat trading update from retailer Dunelm. The main index fell 0.4 percent

Published 08 Jan, 2019 12:00am

Sidestepping trade war, Musk breaks ground on Tesla Shanghai plant

Tesla boss Elon Musk presided Monday over the ground-breaking for a Shanghai factory that will allow the electric-car manufacturer to dodge the China-US tariff crossfire and sell directly to the world's biggest market for "green" vehicles.

Published 08 Jan, 2019 12:00am

Denmark plans man-made islands to draw business

Denmark plans to build nine artificial islands in southern Copenhagen in a bid to attract businesses, the government announced on Monday, amid a housing and office space shortage.

Published 08 Jan, 2019 12:00am

Italy third quarter budget deficit improves

Italy's budget deficit improved in the third quarter of 2018 to 1.7 percent of Gross Domestic Product (GDP), shedding 0.1 percentage point compared with a year earlier, official figures showed Monday.

Published 08 Jan, 2019 12:00am

US top court rejects Exxon in climate change document dispute

The US Supreme Court on Monday cleared the way for the attorney general of Massachusetts to obtain records from Exxon Mobil Corp to probe whether the oil company for decades concealed its knowledge of the role fossil fuels play in climate change.

Published 08 Jan, 2019 12:00am

ICBC leads Asian jet lessor buying spree

Asian-controlled leasing companies splashed out on passenger jets worth $25 billion at list prices to pick out bargains as planemakers Airbus and Boeing raced to end a relatively quiet year with fresh orders.

Published 08 Jan, 2019 12:00am

UK car sales slide

New UK car sales slid in 2018 on weak demand for diesel vehicles, and will fall further this year on poor consumer confidence and Brexit, an industry body said Monday.

Published 08 Jan, 2019 12:00am

US services sector cools in December

Growth in the US services sector, the main driver of the world's largest economy, fell to its slowest rate in five months in December but remained strong, a business survey showed Monday.

Published 08 Jan, 2019 12:00am

Taiwan arrests BASF engineers for 'leaking tech' to China

Six former and current engineers for German chemicals giant BASF have been arrested in Taiwan on suspicion of leaking valuable technology to a competitor in China, authorities said Monday.

Published 08 Jan, 2019 12:00am

Industrial orders fall in latest sign of German economic slowdown

Trade frictions, risks linked to Britain's possible departure from the European Union this year without a deal and weaker growth in emerging markets are putting the brakes on a nine-year upswing in Europe's economic powerhouse.

Published 08 Jan, 2019 12:00am

China has 'good faith' to fix trade issues as talks with US resume

China has the "good faith" to work with the United States to resolve trade frictions, the Foreign Ministry said on Monday, as the world's two largest economies resumed talks in a bid to end their trade dispute. US officials are meeting their counterparts

Published 08 Jan, 2019 12:00am

Abdullah, Hira win KP Junior Squash titles

Abdullah Nawaz and Hira Aqeel clinched the titles of the boys and girls Khyber Pakhtunkhwa Junior Squash Championship which concluded here at PAF Hashim Khan Squash Complex on Monday. Nazim Nawa Khali Sajjad Khalil was the chief guest on this occasion who

Published 08 Jan, 2019 12:00am

Monfils pulls out, Shapovalov beaten in Auckland

Gael Monfils became the third big name to pull out of the ATP Auckland Classic on Monday sidelined by injury while seventh seed Denis Shapovalov was bundled out in three sets. Monfils, the eighth seed, said he was hampered by a niggling pain in the leg.

Published 08 Jan, 2019 12:00am

Goalie howler as China, Korea survive scares at Asian Cup

Favourites South Korea scraped past the Philippines and China needed a spectacular goalkeeping gaffe to spark their comeback against lowly Kyrgyzstan as lesser teams continued to trouble bigger sides at the Asian Cup on Monday.

Published 08 Jan, 2019 12:00am

French rugby hit by fourth death

French rugby was left mourning the death of a 23-year-old student on Monday, the fourth young player to have died in eight months. Nathan Soyeux, who was not registered with the French rugby federation (FFR), passed away in Dijon on Sunday, having been ad

Published 08 Jan, 2019 12:00am

Habib University win inaugural match as Leisure Leagues begins

Host Habib University recorded a convincing 4-1 win against HFC in the opening match of eight-team Leisure Leagues small-sided football league here at Habib University Ground. Abrar was the hero for the host side as he scored a brilliant hat-trick while N

Published 08 Jan, 2019 12:00am

Kohli's India shed 'poor traveller' tag Down Under

India justified their top ranking with their breakthrough overseas win in Australia on Monday and captain Virat Kohli has reasons to be optimistic about leading a team which can dominate test cricket for years to come.

Published 08 Jan, 2019 12:00am

Baitussalam Olympiad will be held from January 9

Baitussalam Olympiad 2019, one of the largest sports and academic competition event, will be held from 9 to 16 January in Karachi.

Published 08 Jan, 2019 12:00am

Pakistan White, Green post wins in Commissioner Faisalabad Kabaddi

Pakistan White and Pakistan Green have won their Kabaddi matches against Iran and Indian Punjab teams on last day of Commissioner Faisalabad 41st National Kabaddi Championship at Iqbal Stadium. Pakistan White beat Iran by 38-24 and Pakistan Green won agai

Published 08 Jan, 2019 12:00am

Guinea accepts to host 2025 Africa Cup of Nations

Guinea has accepted to stage the 2025 Africa Cup of Nations instead of the 2023 edition, a move that confirms Cameroon as the 2021 hosts, the Confederation of African Football (CAF) president said Monday. "I am delighted with this change in the organisati

Published 08 Jan, 2019 12:00am

England women's football team to train in Qatar for first time

England's women football team will hold a winter training camp in World Cup 2022 host Qatar this month, officials in the Gulf and the English Football Association confirmed on Monday.

Published 08 Jan, 2019 12:00am

Currency

Aussie, kiwi up

The Australian and New Zealand dollars held near 2-1/2 week highs on Monday as risk assets came back in vogue amid expectations policymakers around the world will take measures to support slowing economic growth. Three developments on Friday gave the anti

Published 08 Jan, 2019 12:00am

Currency

Dollar slips in Asia

The dollar slipped against peers on Monday, as traders placed bearish bets due to rising expectations that the Federal Reserve would put its policy tightening on pause in 2019. Risk appetites were strong in Asian trade, thanks to China's aggressive moneta

Published 08 Jan, 2019 12:00am

Currency

Early trade in New York:- slides on bets of Fed pausing US rate hikes

The dollar weakened on Monday, pressured by growing expectations the US Federal Reserve will either pause or halt its interest rate hike cycle, with the euro and Swiss franc leading gains among its rivals. Even after last week's strong US jobs data for De

Published 08 Jan, 2019 12:00am

Currency

Dollar skids in Europe as US rate pause bets weigh

The dollar weakened on Monday on growing bets the US central bank will halt its multi-year rate hike cycle, with the euro and Norwegian crown leading gains among its rivals. Even after last week's strong US jobs data for December, market watchers believe

Published 08 Jan, 2019 12:00am

Currency

Sri Lankan rupee up

The Sri Lankan rupee recovered further on Monday, after hitting a record low in the previous week, helped by mild dollar inflows. The rupee ended at 182.30/40 on Monday, compared with 182.60/80 in the previous session, market sources said. On Thursday, th

Published 08 Jan, 2019 12:00am

Currency

Asian currencies strengthen across the board

Emerging Asian currencies strengthened across the board on Monday as the dollar retreated following comments by Federal Reserve Chairman Jerome Powell that boosted risk appetites. Powell on Friday said the Fed is not on a preset path of interest rate hike

Published 08 Jan, 2019 12:00am

Currency

China's FX reserves fall in 2018

China's annual foreign exchange reserves fell for the third time in four years in 2018 as the yuan came under strong selling pressure from the cooling economy and escalating Sino-US trade tensions. Depreciation pressure on the yuan is likely to persist th

Published 08 Jan, 2019 12:00am

Currency

Sterling gains

Sterling rose to a one-week high on Monday as traders prepared for Britain's parliament to reconvene this week and debate Prime Minister Theresa May's Brexit withdrawal agreement. The pound's strength - as high as $1.2787, up 0.4 percent on the day, befor

Published 08 Jan, 2019 12:00am

Head of Brazil's environmental agency resigns

The chief of Brazil's environmental protection agency resigned on Monday after the new government led by far-right President Jair Bolsonaro - a critic of its treatment of mining and farm interests - raised questions over its spending.

Published 08 Jan, 2019 12:00am

Seven killed in attack on bar in Mexico tourist resort

Gunmen opened fire in a crowded bar in the Mexican resort city of Playa del Carmen, killing seven people, authorities and media reports said Monday, in the latest violence to rock the country's tourist-magnet beaches.

Published 08 Jan, 2019 12:00am

Special North Korean train enters China: Yonhap

A special North Korean train entered China late Monday, Yonhap news agency reported, raising speculation that leader Kim Jong Un could be on his way to Beijing.

Published 08 Jan, 2019 12:00am

Thousands protest citizenship bill in India

Thousands in northeastern India protested Monday against a proposal to grant citizenship to religious minorities in the region, except Muslims, with critics attacking the bill as prejudiced and a sop to Hindus before elections.

Published 08 Jan, 2019 12:00am

Hasina sworn in as Bangladesh PM after 'tainted' polls

Sheikh Hasina was sworn in as Bangladesh's prime minister for a record fourth term Monday after a crushing election victory marred by deadly violence and claims of widespread rigging.

Published 08 Jan, 2019 12:00am

UK truck tests for no-deal Brexit branded 'window dressing'

Dozens of trucks took part in a government exercise Monday for coping with possible Channel gridlock caused by a no-deal Brexit, assembling on a disused airport runway that could be turned into a giant lorry park.

Published 08 Jan, 2019 12:00am

Britain's battle over Brexit resumes ahead of big vote

British Prime Minister Theresa May came under pressure Monday to explain what further assurances she can secure from the EU before MPs vote on her unpopular Brexit deal next week, after the bloc repeated it would not renegotiate the text.

Published 08 Jan, 2019 12:00am

Six dead after ship sinks off Turkey's coast

Six crew members were killed after a Panama-flagged cargo ship sank off Turkey's Black Sea coast on Monday, state news agency Anadolu reported. Osman Kaymak, governor of the northern Turkish province of Samsun, told Anadolu that seven others were rescued

Published 08 Jan, 2019 12:00am

Cuban crickets, not weapon, heard by ill US diplomats

A noise heard by US diplomats in Cuba who suffered mysterious brain injuries came not from technological weapons but local crickets, a new study suggests.

Published 08 Jan, 2019 12:00am

Top US court refuses to reinstate Kennedy clan murder conviction

The US Supreme Court on Monday refused to reinstate the murder conviction of a member of the Kennedy clan, a case that has fascinated Americans for decades.

Published 08 Jan, 2019 12:00am

First-family feud in Singapore flares anew

A fragile truce in Singapore's founding family was shattered Monday after state prosecutors alleged the wife of Prime Minister Lee Hsien Loong's estranged brother may be guilty of professional misconduct.

Published 08 Jan, 2019 12:00am

Israel ex-minister and Netanyahu mentor dies

Moshe Arens, a former Israeli defence minister and one-time mentor to Prime Minister Benjamin Netanyahu, died Monday aged 93, officials said.

Published 08 Jan, 2019 12:00am

Three dead, four missing after heavy snow in Austria

Three skiers in Austria died at the weekend and four others are still missing after heavy snowfall plunged large parts of the country into chaos, authorities said on Monday.

Published 08 Jan, 2019 12:00am

US companies urged to protect against foreign government hackers

The US intelligence community launched a campaign Monday to help US business defend against hacking by foreign governments like China and Russia.

Published 08 Jan, 2019 12:00am

Copper steadies as traders eye US-China trade talks

Copper prices steadied on Monday after the biggest rise in three months in the previous session on investor hopes that Chinese

Published 08 Jan, 2019 12:00am

Indian state firms allowed private help with old oil, gas blocks

Energy-hungry India will allow state-owned explorers to rope in the private sector to raise production from old fields as the world's third biggest oil importer strives to better exploit its hydrocarbon resources and cut dependence on foreign oil.

Published 08 Jan, 2019 12:00am

Oil rises; lifted by OPEC cuts, steadying stock market

Oil prices edged higher on Monday, rebounding further from 1-1/2-year lows reached in December, on support from OPEC production cuts and steadying equities markets. Brent crude futures rose 27 cents to settle at $57.33 a barrel, a 0.47 percent gain. US We

Published 08 Jan, 2019 12:00am

Tokyo rubber surges

Benchmark Tokyo rubber futures ended slightly higher on Monday, after surging to a nearly 7-month high, supported by hopes that US-Sino talks may resolve a trade war and on some fears that The Tokyo Commodity Exchange (TOCOM) rubber contract for June del

Published 08 Jan, 2019 12:00am

Vegetable Oil

Malaysian palm oil slips

Malaysian palm oil futures fell on Monday, a second drop in four sessions, as traders remained cautious over official data due to be released by the industry regulator this week. The benchmark palm oil contract for March delivery on the Bursa Malaysia Der

Published 08 Jan, 2019 12:00am

Stronger euro hurts Paris wheat

Euronext wheat retreated on Monday, depressed by a stronger euro as the market awaited further impetus from an Algerian import tender. March milling wheat, the most active contract on Paris-based Euronext, settled 1.75 euros, or 0.9 percent, lower at 205.

Published 08 Jan, 2019 12:00am

Currency

Raw sugar prices surge 6 percent; cocoa, coffee up

Raw sugar futures on ICE surged 6 percent on Monday to their highest in nearly three weeks, supported by higher crude prices, weather concerns in top growers Brazil and India, and technical factors, dealers said.

Published 08 Jan, 2019 12:00am

Gold rises in Asia

Gold rose on Monday, helped by a weaker dollar on expectations that the US Federal Reserve might apply brakes on its monetary tightening cycle in 2019, although an improved risk appetite limited gains for the safe haven metal. Spot palladium, which broke

Published 08 Jan, 2019 12:00am

Gold gains in Europe

Gold rose on Monday, hovering near a more than six-month peak hit in the last session, as the dollar slid on reduced chances of further rate hikes by the US Federal Reserve and the United States and China resumed talks to end their trade dispute.

Published 08 Jan, 2019 12:00am

US MIDDAY: soya up

US soyabean futures rose for a fourth straight session on Monday and notched a three-week high on concern about dry weather in Brazil and as trade talks between Washington and Beijing raised hopes of accelerated export purchases by China.

Published 08 Jan, 2019 12:00am

US MIDDAY: gold rises

Gold rose in early New York trade on Monday, just below a more than six-month peak hit in the last session, as the dollar slid on reduced chances of further rate hikes by the US Federal Reserve, and as the United States and China resumed trade talks.

Published 08 Jan, 2019 12:00am

TPB nominees not ratified yet

The Tax Policy Board meeting for providing policy guidelines in framing fiscal policy, achieving goals and targets, and broad strategy for the budget would be further delayed as its nominees require ratification from the parliamentary committees on financ

Published 08 Jan, 2019 12:00am

Emirates introduces special fares for Pakistani travelers

Pakistani travelers could explore new cultures, relax on the beach or enjoy a city break in 157 destinations across Emirates' global network with these limited time offers.

Published 08 Jan, 2019 12:00am

Senate body on Child Abuse: Continued absence of minister from meeting slammed

Expressing serious anger over the absence of the Federal Minister for Human Rights from committee meeting, a parliamentary panel Monday observed that the minister's continued absence is unacceptable and it shows her non-serious attitude.

Published 08 Jan, 2019 12:00am

Mutual Funds

Hi-Tech Lubricants Limited

Hi-Tech Lubricants Limited (PSX: HTL) is a public limited company and is one of the leading synthetic engine and machinery lubricant marketing company of Pakistan which boasts a sizeable market share in lubricants market. HTL product portfolio under brand

Updated 09 Jan, 2019 07:47am

Mutual Funds

Hi-Tech Lubricants Limited

Published 08 Jan, 2019 12:00am

Currency

'Government making all efforts to overcome inherited economic crisis'

Deputy Speaker of National Assembly Qasim Khan Suri has said that the government is making all out efforts to overcome inherited economic crisis. Businessmen have a key role to play in the country's economy as economic challenges could be tackled with the

Published 08 Jan, 2019 12:00am

Bahrain-based Pakistani investors meet Buzdar

A delegation of Bahrain-based Pakistani investors called on Punjab Chief Minister Sardar Usman Buzdar here on Monday and discussed investment opportunities in different sectors including information technology, livestock and dairy development, waste-to-en

Published 08 Jan, 2019 12:00am

Sales fall: Tractor production comes to a halt

Tractor production has come to a halt as assembly plants and their supply chains had been shut down due to fall in sales, bank defaults and revenue shortfall, Chairman Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) Ashraf Sh

Published 08 Jan, 2019 12:00am

Punjab CM lures Chinese towards best investment scope

Punjab Chief Minister Sardar Usman Buzdar Monday said that best investment opportunities are available in the province of Punjab and the provincial government would provide all the necessary facilities to the Chinese companies that would make investment i

Published 08 Jan, 2019 12:00am

PDWP approves Rs 32.4 billion for Green Pakistan Programme

Punjab Provincial Development Working Party has approved Rs 32.4 billion for Green Pakistan Programme - Reclamation and Development of Forest Areas in Punjab (Up-scaling Phase-I) The scheme was approved in PDWP's special meeting of current fiscal year 201

Published 08 Jan, 2019 12:00am

PPP Punjab terms SC order victory of truth

The Pakistan People's Party (PPP) Punjab has termed the order by the apex court for removal of the name of Bilawal Bhutto from the Joint Investigation Team (JIT) report as a victory of truth. The PPP parliamentary leader in the Punjab assembly Syed Hassan

Published 08 Jan, 2019 12:00am

NAB being used as tool of revenge: Marriyum

Pakistan Muslim League-Nawaz (PML-N) spokesperson Marriyum Aurangzeb has termed cases registered against Nawaz Sharif as outcome of 'political victimisation' and revenge. She said that the Pakistan Tehreek-e-Insaf-led government is afraid of Nawaz Sharif'

Published 08 Jan, 2019 12:00am

GGAPCP seeks withdrawal of SRO-760

The Gold and Gems Art Promotion Council of Pakistan (GGAPCP) has urged the government to withdraw SRO-760 which has become the major impediment in continuous decline of jewellery export from the country. The GGAPCP said that without the withdrawal of SRO-

Published 08 Jan, 2019 12:00am

Cotton

HC praises Pakistan's support for peace in Sri Lanka

High Commissioner of Sri Lanka Noordeen Mohamed Shaheid has said that terrorism remained a big challenge for Sri Lanka but today it has become a peaceful country. He said, "We have defeated terrorism but this target could not be have been achieved without

Published 08 Jan, 2019 12:00am

NAB regional board approves investigation, two references

The National Accountability Bureau (NAB), Lahore in its regional board meeting (RBM) with its Director General (DG), Shahzad Saleem, in the chair decided to upgrade an 'Inquiry' into 'investigation' and also recommended for filing of two corruption refere

Published 08 Jan, 2019 12:00am

PFA releases annual inspection schedule 2019

The Punjab Food Authority (PFA) on Monday released its annual inspection schedule 2019 for the food industry in order to test edibles along with physical inspection. The manufacturers, packagers, and food business operators will be bound to follow that sc

Published 08 Jan, 2019 12:00am

Partly Facetious: 'OTT'?

"So what does The Khan reckon is OTT welcome to a delegation that has come bearing gifts..."

Published 08 Jan, 2019 12:00am

Calligraphy exhibition held

A Calligraphy exhibition organized by calligrapher association of Pakistan opened at Alhamra Art Gallery here on Monday. The exhibition was inaugurated by Minister for Information and Culture Mr. Fayyaz Ul Hassan Chohan. The minister praised and appreciat

Published 08 Jan, 2019 12:00am

Four Rear Admirals promoted to rank of Vice Admiral

Rear Admiral Ather Mukhtar, Rear Admiral Muhammad Fayyaz Gilani, Rear Admiral Muhammad Amjad Khan Niazi and Rear Admiral Asif Khaliq have been promoted to the rank of Vice Admiral with immediate effect. According to a press release issued by directorate o

Published 08 Jan, 2019 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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