News Archives for Print - 2019-01-13

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Print - 2019-01-13

The Weather

The weather report on Saturday (January 12, 2019) and the forecast for Sunday (January 13, 2019).

Published 13 Jan, 2019 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (January 12, 2019).

Published 13 Jan, 2019 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (January 12, 2019).

Published 13 Jan, 2019 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (January 12, 2019).

Published 13 Jan, 2019 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (January 12, 2019).

Published 13 Jan, 2019 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (January 12, 2019).

Published 13 Jan, 2019 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (January 12, 2019)

Published 13 Jan, 2019 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Saturday (January 12, 2019).

Published 13 Jan, 2019 12:00am

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (January 12, 2019).

Published 13 Jan, 2019 12:00am

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (January 12, 2019).

Published 13 Jan, 2019 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (January 12, 2019).

Published 13 Jan, 2019 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (January 12, 2019).

Published 13 Jan, 2019 12:00am

Kerb

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Saturday (January 12, 2019).

Published 13 Jan, 2019 12:00am

Currency

The rupee showed slight changes against the dollar on the money market on Saturday in the process of trading, dealers said. The rupee did not move any side in terms of the dollar for buying at Rs 138.80, it however, fell by 10 paisas for selling at Rs 13

Published 13 Jan, 2019 12:00am

Currency

THE RUPEE: slight changes

Published 13 Jan, 2019 12:00am

Cross Transactions between Client to Client & Financial Institutions

The following were the cross transactions between client to client & financial institutions here on Saturday (January 12, 2019).

Published 13 Jan, 2019 12:00am

Member to Member

The following transactions member to member subsequently reported on Saturday (January 12, 2019).

Published 13 Jan, 2019 12:00am

Currency

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Saturday (January 12, 2019).

Published 13 Jan, 2019 12:00am

Aaj TV - Sunday's schedule

All timings are in PST (Pakistan Standard Time).

Published 13 Jan, 2019 12:00am

Kvitova outlast Barty in Sydney final

Petra Kvitova outlasted Ashleigh Barty in a final-set tiebreak to win the Sydney International for the second time on Saturday. The Czech 2015 champion and fifth seed fought back from dropping the opening set and an early break in the final set to beat th

Published 13 Jan, 2019 12:00am

Master Paints/Diamond Paints win Tenacious Polo Cup

Master Paints/Diamond Paints edged past PBG/Remounts by seven and a half goals to six to win the subsidiary final of the 'Tenacious Polo Cup 2019' played here at Cavalry Polo Ground on Saturday. For the winning side, which had a half goal handicap, Umer M

Published 13 Jan, 2019 12:00am

Pakistan squash team off to Thailand

Pakistan junior squash team reached Thailand for participation in 19th Asian Junior Squash Team Championship, being held at Pattaya (Thailand) from January 16-20, 2019.

Published 13 Jan, 2019 12:00am

Iran, Iraq power into Asian Cup knockout phase

Iran sank Vietnam and Iraq beat Yemen as the neighbours and arch-rivals powered into the Asian Cup round of 16 on Saturday ahead of their highly anticipated group decider next week. Sardar Azmoun struck both goals in Iran's 2-0 win in Abu Dhabi, while tee

Published 13 Jan, 2019 12:00am

Salah extends Liverpool lead as Arsenal suffer Hammers blow

Mohamed Salah's second-half penalty was enough to give Premier League leaders Liverpool a 1-0 win away to Brighton on Saturday that saw them go seven points clear at the top of the table. Jurgen Klopp's men were enduring a frustrating afternoon on the sou

Published 13 Jan, 2019 12:00am

Australia beat India in first ODI

Australia fended off an explosive century from Rohit Sharma to post a morale-boosting 34-run victory over India in the first one-day international in Sydney on Saturday. The Australians made 288 for five off their 50 overs after winning the toss and restr

Published 13 Jan, 2019 12:00am

Pakistan fight back in final South Africa Test

Duanne Olivier took his third five-wicket haul of the series before Pakistan's bowlers fought back on the second day of the third and final Test against South Africa on Saturday.

Published 13 Jan, 2019 12:00am

French wheat export outlook trimmed

France's farming agency on Wednesday trimmed its forecast for wheat exports outside the EU this season, cautioning that competition would continue to be tough in key North and West African markets. Traders and analysts have seen scope for France, the Euro

Published 13 Jan, 2019 12:00am

China raises corn output estimate by 20 percent

China will produce 257.33 million tonnes of corn in the 2018/19 crop year, the agriculture ministry said on Friday, up 20 percent from last month's forecast of 215.04 million tonnes. The higher outlook was based on China's most recent agriculture census,

Published 13 Jan, 2019 12:00am

India sugar mills struggling to export surplus

India's sugar exports are likely to be far lower than a 5 million-tonne target set by New Delhi as a strengthening rupee and falling global prices make shipments unattractive despite a government push for overseas sales, industry officials said. Lower shi

Published 13 Jan, 2019 12:00am

Olam International to shut sugar trade desk

Singapore-based agricultural commodities trading firm Olam International Ltd will shut its sugar trade desk, spokeswoman Nikki Barber said on Tuesday, another sign of pressure on trading houses. The decision comes after raw and white sugar futures on ICE

Published 13 Jan, 2019 12:00am

Ivory Coast cocoa bean quality hit by dry weather, financing woes

Farmers in top cocoa grower Ivory Coast say the current crop is worsening, with beans starting to rot, as lack of financing prevents them from properly fermenting and drying beans already stressed by bad weather. Front-month New York cocoa futures traded

Published 13 Jan, 2019 12:00am

CBOT corn rises on technical buying

CBOT corn rebounded from a one-week low on Friday on technical buying and spill over support from rising soybean prices, traders said. CBOT March corn settled 2 cents higher at $3.78-1/4 per bushel. The contract held chart support at its 100-day moving av

Published 13 Jan, 2019 12:00am

Cotton

Rates stable on cotton market

Rates were stable on the cotton market on Saturday in process of lacklustre business activity, dealers said. The official spot rate was unchanged at Rs 8,700, they added. Prices of seed cotton in Sindh were at Rs 3000-3800, in the Punjab seed cotton price

Published 13 Jan, 2019 12:00am

CBOT wheat gains on US export hopes

Chicago Board of Trade (CBOT) wheat futures rose for a third time in four sessions on Friday on technical buying and as a weak US dollar and rising wheat prices in rival exporting countries boosted US export prospects, traders said.

Published 13 Jan, 2019 12:00am

Euronext wheat futures rose

Euronext wheat futures rose on Friday, recovering from a one-week low a day earlier, as export hopes fuelled a rally in US wheat. March milling wheat, the most active contract on the Paris-based Euronext exchange, settled 1.25 euros or 0.6 percent higher

Published 13 Jan, 2019 12:00am

PetroVietnam's crude oil output falling

Vietnam's state oil firm PetroVietnam aims to produce 12.37 million metric tonnes of crude this year, down 6.5 percent from last year, state media reported on Friday. Tensions in the South China Sea heavily affected the company's oil and gas exploration a

Published 13 Jan, 2019 12:00am

Battered US bank stocks may get a boost this year

After a miserable 2018, big US bank stocks could be in for a lift if upcoming earnings releases show strong fourth-quarter loan growth helps to offset weak trading revenue. And some bargain hunters are also betting on stronger 2019 growth than current val

Published 13 Jan, 2019 12:00am

Mutual Funds

US stock, bond funds leak $30.4 billion in ominous start to 2019

Investors demanded cash back from US-based funds for a 13th straight week, showing increased concern over economic growth as stock and bond returns disappointed, Investment Company Institute (ICI) data showed on Wednesday. People withdrew $30.4 billion fr

Published 13 Jan, 2019 12:00am

Mutual Funds

US stock, bond funds leak $30.4 billion in ominous start to 2019

Published 13 Jan, 2019 12:00am

Currency

Latam stocks end week higher

Latin American stocks slid amid profit taking on Wall Street on Friday, but were on pace to log a positive week with Brazil's Bovespa hitting record highs. Currencies in the region fell against a firm dollar, but crept toward weekly gains.

Published 13 Jan, 2019 12:00am

China stock market inflows could double in 2019: securities official

The inclusion of Chinese A-shares in global stock indexes could see foreign inflows into China's stock market double in 2019, the Shanghai Securities News quoted a top Chinese securities regulator as saying on Saturday. "Last year, net foreign stock marke

Published 13 Jan, 2019 12:00am

Wall Street's five-day rally flickers out as earnings near

Wall Street dipped slightly on Friday, breaking a five-session rally, as energy shares declined and investors looked ahead to earnings season, which kicks off next week with Citigroup, JPMorgan and other big banks. Underpinned by optimism over China-US tr

Published 13 Jan, 2019 12:00am

Currency

African currencies week ahead: Ugandan and Tanzanian currencies seen weakening

The Ugandan and Tanzanian currencies are expected to come under pressure in the coming week while those of Kenya and Zambia are seen remaining stable.

Published 13 Jan, 2019 12:00am

Currency

China's yuan to break 7 per dollar in six months

China's yuan is still expected to breach the key 7-per-dollar mark within six months as a dimming economic growth outlook is likely to push the central bank toward easier monetary policy this year, a Reuters poll found. The number of analysts predicting t

Published 13 Jan, 2019 12:00am

Currency

Russia resumes state FX buying

Russia's finance ministry, which is set to resume daily foreign currency purchases on the market on Jan 15, is seen buying 280 billion roubles ($4.2 billion) worth of currencies by Feb 6, a Reuters survey showed on Thursday. The finance ministry is return

Published 13 Jan, 2019 12:00am

Currency

FX volumes dip in December

Daily currency trading volumes were broadly unchanged in December from a year-ago period but declined from November, totalling $1.56 trillion, CLS data showed on Monday. CLS, a major settler of trades in the foreign exchange market, said in a statement th

Published 13 Jan, 2019 12:00am

Currency

Canadian dollar weakens

The Canadian dollar weakened against its US counterpart on Friday as oil prices fell, but the loonie still advanced for a second consecutive week after the Bank of Canada said the challenges facing the economy were temporary. At 2:51 p.m. (1951 GMT), the

Published 13 Jan, 2019 12:00am

Currency

New year brings fresh hopes for bulls in Asian units

Investors turned bullish on most Asian currencies for the first time since early last year, a Reuters poll showed, as risk appetite rose on hopes of a halt to the US rate hike cycle, and the world's top two economies settling a months-long trade row.

Published 13 Jan, 2019 12:00am

Currency

Dollar gains, but outlook remains weak

The dollar rose against the euro on Friday, boosted by technical factors after the single currency hit key resistance levels, even as the greenback's outlook remained bleak amid cautious signals from the Federal Reserve about further rate hikes.

Published 13 Jan, 2019 12:00am

Currency

Zimbabwe to re-introduce local currency within a year

Zimbabwe will re-introduce a local currency "in less than 12 months", after using the US dollar and regional currencies since a hyperinflation crisis a decade ago, the finance minister said in an interview published on Saturday.

Published 13 Jan, 2019 12:00am

US rules out further waivers on Iran oil imports

The United States will grant no more waivers for Iranian oil after the reimposition of US sanctions, the US special representative for Iran said on Saturday, underlining Washington's push to choke off Tehran's sources of income. "Iran is now increasingly

Published 13 Jan, 2019 12:00am

OPEC is not the enemy of the US, says UAE energy minister

Oil producer group OPEC is not the enemy of the United States, United Arab Emirates Energy Minister Suhail al-Mazrouei said on Saturday in Abu Dhabi. "We are complementing each other, we are not enemies here," Mazrouei told an industry conference in Abu D

Published 13 Jan, 2019 12:00am

China to reduce restrictions on foreign investment

China will reduce restrictions on foreign investment and address difficulties facing foreign companies investing in the country, the commerce minister said, according to a report by the official Xinhua news agency on Saturday. Commerce Minister Zhong Shan

Published 13 Jan, 2019 12:00am

Tax cuts support employment, economy: Chinese premier

China's plans for tax cuts targeting smaller companies will help to support employment and economic stability, and will expand the country's tax base over the long term, Premier Li Keqiang was quoted as saying on Saturday. "Implementing tax cuts for small

Published 13 Jan, 2019 12:00am

At least eight dead after tanker blast in Nigeria

At least eight people were killed in Nigeria when a petrol tanker veered off the road, caught fire and exploded as people tried to recover fuel, the emergency services said on Saturday. The vehicle crashed in the Odukpani area of the southeastern state of

Published 13 Jan, 2019 12:00am

Young Saudi asylum-seeker arrives in Canada to official welcome

A young Saudi woman who caused a sensation by defying her family and seeking asylum abroad was welcomed with open arms in Toronto Saturday at the end of an exhausting international odyssey. Foreign Minister Chrystia Freeland greeted Rahaf Mohammed al-Qunu

Published 13 Jan, 2019 12:00am

Haley, Ivanka Trump among possible WB nominees

Former UN Ambassador Nikki Haley and US President Donald Trump's daughter and adviser Ivanka are among possible US candidates to replace outgoing World Bank President Jim Yong Kim, The Financial Times reported Friday.

Published 13 Jan, 2019 12:00am

Trump touts plan to change visas for skilled foreign workers

US President Donald Trump said on Friday he plans changes to the H-1B program that grants temporary visas for specialty occupations such as technology or medicine, but his administration said later he was referring to changes that were proposed last year.

Published 13 Jan, 2019 12:00am

US vet cancels project to raise money for border wall

An Iraq war veteran canceled his plan to crowdsource $1 billion to help President Donald Trump build a wall on the Mexico border Friday after raising only $20 million and drawing questions about his online activities. Triple-amputee veteran Brian Kolfage

Published 13 Jan, 2019 12:00am

Syrian air defences shoot down Israeli missiles

Syrian air defences shot down Israeli missiles late Friday, the official SANA news agency reported, citing a military source. Most of the missiles fired by "Israeli military planes" were intercepted at around 11:00 pm (2100 GMT), the source said. "Only a

Published 13 Jan, 2019 12:00am

Clashes erupt in Hodeida despite truce

Clashes erupted between Huthi rebels and government forces in Yemen's flashpoint port city of Hodeida on Saturday, dealing a new blow to a fragile truce, an AFP correspondent reported. Artillery and machine-gun exchanges rocked the southern part of Hodeid

Published 13 Jan, 2019 12:00am

US calls for 'orderly transition' in Venezuela

The United States called on Saturday for Venezuela to begin an "orderly transition" to a new government, days after Nicolas Maduro was sworn in to a disputed second term as president. "The people of Venezuela deserve to live in freedom in a democratic soc

Published 13 Jan, 2019 12:00am

JI chief asks PM to begin accountability from his family

JI Chief, Senator Sirajul Haq has urged Prime Minister Imran Khan to begin accountability from his own house as per his own announcement so that nobody could raise any objection and term it victimization. While talking to the media after addressing the JI

Published 13 Jan, 2019 12:00am

Turkish firm to invest in Punjab's health sector

A leading Turkish manufacturing company TMT has offered to make investment in manufacturing of medical and surgical equipment in Punjab. A delegation led by chairman TMT Omer CIKIN called on the provincial health minister Prof Yasmin Rashid, here on Satur

Published 13 Jan, 2019 12:00am

LDA City: SC disposes of affectees' case after minister assures compensation

The Chief Justice (CJ) of Pakistan on Saturday disposed of a suo motu notice taken on complaint of non-provision of plots in LDA City housing scheme after the Punjab Minister for Housing informed the court that the government had chalked out a plan to com

Published 13 Jan, 2019 12:00am

Sindh government wants SWC to continue working

Sindh Government on Saturday requested Water Commission to continue working till the objectives are completely accomplished as the commission's term is expiring on January 15. Sindh Advocate General Salman Talabuddin made this request on behalf of the pro

Published 13 Jan, 2019 12:00am

Drizzling forecast for Karachi, Thatta & Sukkur

The Met Office on Saturday forecast a very cold and dry weather for the most parts of the country in the ext 24 hours. However, it said, a partly cloudy weather is expected in Malakand and Hazara Divisions, Kashmir and Gilgit-Baltistan. "A westerly wave i

Published 13 Jan, 2019 12:00am

Anti-encroachment operation at Fruit Market begins

The Lahore District Administration on Saturday commenced anti-encroachment operation at Fruit and Vegetable Market in the provincial capital. During the operation, the team of Assistant Commissioner Umar Hayat Gonal removed illegal structures built both i

Published 13 Jan, 2019 12:00am

SC orders government to sell petrol pumps through open bidding

The Supreme Court on Saturday directed the Punjab and city district governments to take overall 24 petrol pumps being run on state land in Lahore and put them on sale through open bidding. A bench headed by Chief Justice Mian Saqib Nisar was hearing a mat

Published 13 Jan, 2019 12:00am

People of Sindh being punished for voting PPP to power: Bilawal

Pakistan Peoples Party (PPP) chairman Bilawal Bhutto-Zardari criticised Prime Minister Imran Khan saying that he should first learn the principles of politics before practising it. Bilawal was addressing participants at Sachal Sarmast Stadium in Kotri. "T

Published 13 Jan, 2019 12:00am

Prices of essential kitchen items witness mixed trend

Prices of essential kitchen items witnessed a mixed trend during this week past as compared to preceding week, a survey conducted by Business Recorder revealed here on Saturday. The survey observed that during the week under review, prices of most

Published 13 Jan, 2019 12:00am

Sheikh Rashid desirous to become PAC member

Federal Railways Minister Sheikh Rashid Ahmed has expressed his keen interest to become member of the Public Accounts Committee (PAC) to ensure accountability of the Pakistan Muslim League-Nawaz leadership. The Minister was addressing a press conference o

Published 13 Jan, 2019 12:00am

IHC CJ deplores growing menace of nepotism

A good leader always puts his/her house in order first, said Islamabad High Court Chief Justice Athar Minallah. "For all types of leaders whether they belong to politics, judiciary, sports or any other discipline, attributes of good leadership are same,"

Published 13 Jan, 2019 12:00am

KE clarification

K-Electric (KE) is a law-abiding, responsible corporate entity which ensures compliance with all respective guidelines prescribed by relevant authorities. KE follows due process in coordination with concerned authorities, ensuring prior notification and s

Published 13 Jan, 2019 12:00am

Dr Asad Majeed presents credentials to Trump

Pakistan's Ambassador to the United States Dr Asad Majeed Khan presented his credentials to President Donald Trump in a ceremony held at the White House on Friday, read a press release by the Pakistan Embassy in Washington, DC. On the occasion, Ambassador

Published 13 Jan, 2019 12:00am

Present education system based on injustice: Shafqat

The government is trying to mobilise graduates across the country to improve literacy ratio from 58 percent to 70 percent and working to create national curriculum to remove the disparity in education system as the present education system is based on inj

Published 13 Jan, 2019 12:00am

Currency

PMA slams raise in life-saving drugs

Pakistan Medical Association (PMA) has expressed its concerned over the announcement of 15 percent hike in the medicine prices by the Drug Regulatory Authority of Pakistan (DRAP) with the consent of the federal government of Pakistan. In a press release i

Published 13 Jan, 2019 12:00am

Government urged to devise mechanism for early payment of refunds

President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain has urged the government to devise a mechanism for early payment of refunds. Different incentives should be offered to exporters with constant and cheaper supply of gas and

Published 13 Jan, 2019 12:00am

Real estate policy: Umar urged to take stakeholders on board

Real Estate Regulatory Authority (RERA) has urged the finance minister Asad Umer to take all stakeholders on board before finalizing policy related to the real estate sector. In a letter sent to the finance minister, the RERA said government was working o

Published 13 Jan, 2019 12:00am

CTD directed to submit report on Chinese Consulate attack on February 8

The anti-terrorism court (ATC) on Saturday directed the Counter Terrorism Department (CTD) to compile and submit the investigation report on February 8 with regard to the attack on the Chinese Consulate in Karachi. Amid the hearing, CTD officers, investig

Published 13 Jan, 2019 12:00am

NED University convocation: Over 1,880 awarded degrees in different disciplines

Some 1885 students were awarded degrees in their respective disciplines at the 27th Convocation of NED University of Engineering & Technology held on Saturday at the main campus of the university. Four Scholars were also awarded PhD Degrees. Governor Sind

Published 13 Jan, 2019 12:00am

UNGA president due next week

The UN General Assembly President, Maria Fernanda Espinosa will visit Pakistan from Friday next at the invitation of Pakistani government. Spokesperson of the UNGA President Monica Grayley told the regular briefing at UN Headquarters in New York that this

Published 13 Jan, 2019 12:00am

Mini-budget to help improve ease of doing business: Umar

Federal Minister for Finance, Revenue and Economic Affairs, Asad Umar said that the purpose of the mini-budget is to remove obstacle and improve ease of doing business. Presiding over a meeting with business community during his first visit to Korangi Cre

Published 13 Jan, 2019 12:00am

Currency

Steps afoot to bring economy on right track: Umar

Federal Minister for Finance, Revenue and Economic Affairs, Asad Umar, has said that Prime Minister Imran Khan is taking personal interest for the betterment of the country's economy and government is taking all possible measures to bring the economy on r

Published 13 Jan, 2019 12:00am

Justice Mansoor on reconstitution of bench

Justice Mansoor Ali Shah has said the Chief Justice has prerogative to constitute benches but once a bench is constituted and is seized of a matter on judicial side, it cannot be reconstituted by the Chief Justice in exercise of his administrative powers

Published 13 Jan, 2019 12:00am

No let up in incidents of robberies in Islamabad

The incidents of robbery increased in the federal capital during the last week, as 10 cases of various kinds of theft were reported to the city's various police stations wherein citizens lost valuables worth millions of rupees.

Published 13 Jan, 2019 12:00am

NAB accords priority to mega corruption cases: chief

Chairman NAB former Justice Javed Iqbal has said that the NAB gives priority to the mega corruption white collar cases as per law. He said that corruption is mother of all evils as it undermines economic development and deprives deserving persons of their

Published 13 Jan, 2019 12:00am

Sugarcane growers criticise non-implementation of courts order

Sugarcane growers have expressed serious concern over the government's failure to implement courts order regarding payment of the sugarcane price to the farmers and warned to agitate after three days if the mills owners did not clear their dues.

Published 13 Jan, 2019 12:00am

Computer industry: amendment to ST Act required to remove tax anomaly: PCA

The Finance Supplementary (Amendment) Bill, 2019 requires an amendment to the Sales Tax Act, 1990 to remove an anomaly in IT sector by withdrawing conditional taxes on computer components parts used by the local manufacturer and assemblers.

Published 13 Jan, 2019 12:00am

ANP to oppose BoK's privatisation

ANP has hinted at moving judiciary against the possible privatization of the Bank of Khyber (BoK), adding that bank is the source of receipts of the province and instead privatization stressed need for its further strengthening.

Published 13 Jan, 2019 12:00am

PPP terms increase in drugs' prices enmity with nation

Pakistan Peoples Party (PPP) has reacted to increase in the prices of medicines and termed the government's decision an enmity with the nation. Senator Mustafa Nawaz Khokhar, the spokesman for Chairman PPP Bilawal Bhutto-Zardari, said that the constant in

Published 13 Jan, 2019 12:00am

KP CM orders shifting of 171 orphans to shelter homes

Chief Minister Khyber Pakhtunkhwa Mahmood Khan had directed shifting of 171 orphan children to "Zamong Kor in 12 different districts in the province", especially established shelter home for the street children.

Published 13 Jan, 2019 12:00am

PESA urges government to extend military courts' term

Pakistan Ex-Servicemen Association (PESA) has urged the government to extend the term of military court till complete peace is restored in the country. They expressed these views in a meeting of Veterans of Pakistan (VoP), formerly known as PESA, chaired

Published 13 Jan, 2019 12:00am

The Asghar Khan case

The family of the late Air Marshal Asghar Khan (retd) has made the right decision. The question is why should it suffer on account of FIA's incompetence and complacency? It is quite unbelievable that the FIA has proposed to the top court to close the Asgh

Published 13 Jan, 2019 12:00am

Increased costs bit US retailers despite higher holiday sales

Holiday shopping reports released Thursday underscored anew the challenges US retailers face in the Amazon era - even if consumers are willing to open their wallets to spend.

Published 13 Jan, 2019 12:00am

Regional powers stick with Bashir as Sudan protests mount

As angry protests pile pressure on Sudanese President Omar al-Bashir to step down, key powers are standing by his regime to ensure stability in a strife-torn region, analysts say. Demonstrations that erupted in the provinces last month after the governmen

Published 13 Jan, 2019 12:00am

Tackling the energy mess

Last week, Chief Justice of Pakistan took notice of excess payment made to a few independent power plants (IPPs) in relation to the circular debt. These IPPs have been accused of seeking rent and making money above the government contractual obligations,

Published 13 Jan, 2019 12:00am

Bomb blasts in Balochistan

Terrorists struck twice in Balochistan a week ago. In the northern Pashtun-dominated district of Pishin, an improvised explosive device (IED) hidden inside a motorcycle went off outside the office of Naib Tehsildar as he arrived in Levies vehicle. The oth

Updated 29 Jul, 2019 07:26am

Narendra Modi's growing belligerence

As an apt reincarnation of Chanakya (nick name Indian Machiavelli), India's Prime Minister Narendra Modi is out for anything to say and do anything to win another election. But given his pathetic performance and the electorate's growing ability to see thr

Updated 29 Jul, 2019 07:26am

New alliance increases pressure on BJP

Two regional parties that were former bitter rivals announced an unlikely alliance Saturday to fight Indian Prime Minister Narendra Modi's ruling Hindu nationalist party in a looming general election.

Published 13 Jan, 2019 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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