News Archives for Print - 2019-02-04

Currency

Global funds raise equities to highest in nearly a year

Global investors recommended an increase in equity holdings to the highest in almost a year, with a majority of funds polled by Reuters this month saying the pull-back in stocks has run its course. The monthly poll of 44 wealth managers and chief investme

Published 04 Feb, 2019 12:00am

Currency

Global funds raise equities to highest in nearly a year

Global investors recommended an increase in equity holdings to the highest in almost a year, with a majority of funds polled by Reuters this month saying the pull-back in stocks has run its course. The monthly poll of 44 wealth managers and chief investme

Published 04 Feb, 2019 12:00am

Currency

Emerging market and junk corporate debt issuance struggles in January

Sales of international bonds from emerging markets and junk-rated companies in January, usually one of the busiest months, are down by 30-43 percent from a year ago amid worries about high indebtedness. Debt sales by governments and companies in emerging

Published 04 Feb, 2019 12:00am

Currency

Emerging market and junk corporate debt issuance struggles in January

Sales of international bonds from emerging markets and junk-rated companies in January, usually one of the busiest months, are down by 30-43 percent from a year ago amid worries about high indebtedness. Debt sales by governments and companies in emerging

Published 04 Feb, 2019 12:00am

Mutual Funds

Election worries muddy waters for bond investors in India

Doubts over how India will vote in a coming election and fears that the government will overspend persuading people to extend its mandate is keeping investors wary of buying bonds despite the lure of low inflation and possible interest rate cuts. "There i

Published 04 Feb, 2019 12:00am

Mutual Funds

Election worries muddy waters for bond investors in India

Doubts over how India will vote in a coming election and fears that the government will overspend persuading people to extend its mandate is keeping investors wary of buying bonds despite the lure of low inflation and possible interest rate cuts. "There i

Published 04 Feb, 2019 12:00am

Nomura reviews wholesale business after posting biggest loss in a decade

Nomura Holdings has put its wholesale business under review after the segment drove Japan's biggest brokerage and investment bank to its heaviest quarterly loss in nearly 10 years. "We will promptly review our business model. Especially on the wholesale b

Published 04 Feb, 2019 12:00am

Nomura reviews wholesale business after posting biggest loss in a decade

Nomura Holdings has put its wholesale business under review after the segment drove Japan's biggest brokerage and investment bank to its heaviest quarterly loss in nearly 10 years. "We will promptly review our business model. Especially on the wholesale b

Published 04 Feb, 2019 12:00am

Effects of trade war go beyond tariffs, says CEO Philips

The trade war between Washington and Beijing is forcing Dutch health technology company Philips to move "hundreds of millions" of euros worth of production from the United States to China, and vice versa, to avoid punitive tariffs.

Published 04 Feb, 2019 12:00am

Xerox profit, forecast beat estimates

Xerox Corp beat analysts' expectations for profit in the fourth quarter and forecast full-year profit above estimates, suggesting moves to refocus under new management were paying off and sending its shares up 6 percent.

Published 04 Feb, 2019 12:00am

Xerox profit, forecast beat estimates

Xerox Corp beat analysts' expectations for profit in the fourth quarter and forecast full-year profit above estimates, suggesting moves to refocus under new management were paying off and sending its shares up 6 percent.

Published 04 Feb, 2019 12:00am

Top UAE bank profits rise over high investment income

The First Abu Dhabi Bank, the UAE's top lender, on Thursday reported a 3.9-percent rise in net profits for the fourth quarter on higher investment returns and lower costs. FAB recorded a net profit of $799.2 million in the final three months of 2018 compa

Published 04 Feb, 2019 12:00am

Top UAE bank profits rise over high investment income

The First Abu Dhabi Bank, the UAE's top lender, on Thursday reported a 3.9-percent rise in net profits for the fourth quarter on higher investment returns and lower costs. FAB recorded a net profit of $799.2 million in the final three months of 2018 compa

Published 04 Feb, 2019 12:00am

Mitsubishi Motors profit jumps

Mitsubishi Motors Corp reported a 38 percent jump in third-quarter operating profit that beat expectations as the automaker's global vehicle sales rose, particularly in its main market of Southeast Asia. Japan's sixth-biggest automaker posted a 28.1 billi

Published 04 Feb, 2019 12:00am

Mitsubishi Motors profit jumps

Mitsubishi Motors Corp reported a 38 percent jump in third-quarter operating profit that beat expectations as the automaker's global vehicle sales rose, particularly in its main market of Southeast Asia. Japan's sixth-biggest automaker posted a 28.1 billi

Published 04 Feb, 2019 12:00am

Visa profit beats estimates on higher transaction volume

Visa Inc beat Wall Street estimates for quarterly profit on Wednesday, as the payments network processed more transactions on the back of higher consumer spending during the holiday season. Visa's total payments volumes and the number of processed transac

Published 04 Feb, 2019 12:00am

Visa profit beats estimates on higher transaction volume

Visa Inc beat Wall Street estimates for quarterly profit on Wednesday, as the payments network processed more transactions on the back of higher consumer spending during the holiday season. Visa's total payments volumes and the number of processed transac

Published 04 Feb, 2019 12:00am

Currency

Siemens misses Q1 profit forecast

Siemens reported weaker-than-expected industrial profit during its first quarter, the German industrial group said on Wednesday, adding it still expected to complete its mega rail merger with France's Alstom in the first half of this year.

Published 04 Feb, 2019 12:00am

Currency

Siemens misses Q1 profit forecast

Siemens reported weaker-than-expected industrial profit during its first quarter, the German industrial group said on Wednesday, adding it still expected to complete its mega rail merger with France's Alstom in the first half of this year.

Published 04 Feb, 2019 12:00am

DIB profit rises 15 percent in fourth quarter

Dubai Islamic Bank (DIB), the United Arab Emirates' largest Sharia-compliant lender, reported a 15 percent rise in fourth-quarter net profit on Wednesday, in line with forecasts, according to Reuters calculations.

Published 04 Feb, 2019 12:00am

DIB profit rises 15 percent in fourth quarter

Dubai Islamic Bank (DIB), the United Arab Emirates' largest Sharia-compliant lender, reported a 15 percent rise in fourth-quarter net profit on Wednesday, in line with forecasts, according to Reuters calculations.

Published 04 Feb, 2019 12:00am

New Unilever CEO inherits disappointing sales performance

Unilever reported lower-than-expected fourth-quarter sales on Thursday, hurt by troubles in Latin America and weak growth in developed markets as new Chief Executive Alan Jope took over. The maker of Dove soap and Ben & Jerry's ice cream said fourth-quart

Published 04 Feb, 2019 12:00am

Japan to survey 200 million gadgets for cyber security

Japan is preparing a national sweep of some 200 million network-connected gadgets for cyber-security lapses ahead of the 2020 Tokyo Olympic Games, an official said on Tuesday. The government-backed National Institute of Information and Communications Tech

Published 04 Feb, 2019 12:00am

iPhone FaceTime bug lets callers eavesdrop

A newly discovered FaceTime bug lets people hear and even see those they are reaching out to on iPhones even if the other person hasn't answered their phone. When a phone number is dialed on FaceTime - the iPhone's internet-based voice and video calling f

Published 04 Feb, 2019 12:00am

Apple issues fix for FaceTime eavesdropping bug

Apple said Friday it had fixed a software bug that could allow iPhone users to see people through its FaceTime calling application even before they answered the phone. Earlier this week, Apple disabled the feature known as Group FaceTime calling, followin

Published 04 Feb, 2019 12:00am

Apple restoring a key developer tool, says Facebook

Facebook says Apple is restoring its access to a key development tool that the iPhhone maker disabled Wednesday Late Tuesday, TechCrunch reported that Facebook paid teens and other users who agreed to download an app called Facebook Research. That app cou

Published 04 Feb, 2019 12:00am

Facebook paid users to track smartphone use: report

Facebook paid users, including teens, to track their smartphone activity as part of an effort to glean more data that could help the social network's competition efforts, according to a new report that may raise fresh privacy concerns. An investigation by

Published 04 Feb, 2019 12:00am

'Radical rethink' needed to tackle obesity, hunger, climate: report

To defeat the intertwined pandemics of obesity, hunger and climate change, governments must curb the political influence of major corporations, said a major report Monday calling for a 'global treaty' similar to one for tobacco control. But this will not

Published 04 Feb, 2019 12:00am

Suicide-risk screening may cut deaths among incarcerated youth

Teens and young men in correctional facilities are at increased risk of dying by suicide, but they are otherwise fairly similar to unincarcerated youth who take their own lives, a U.S. study suggests. Looking at a nationally-representative sample of all s

Published 04 Feb, 2019 12:00am

Aerobic exercise may improve thinking skills among adults

Numerous studies have shown that aerobic exercise can improve cognition in seniors, but a small new study finds that vigorous workouts boost thinking skills in younger adults as well. After a six-month aerobic regimen, adults aged 20 to 67 showed improvem

Published 04 Feb, 2019 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 04 Feb, 2019 12:00am

Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (January 28 to February 1, 2019).

Published 04 Feb, 2019 12:00am

Returns on Profit and Loss Sharing Investment Bank Accounts (JANUARY TO JUNE 2018)

Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and Term Deposits.

Published 04 Feb, 2019 12:00am

The Weather

The weather report on Sunday (February 03, 2019) and the forecast for Monday (February 04, 2019).

Published 04 Feb, 2019 12:00am

Modi visits IHK amid protest strike

India's Prime Minister Narendra Modi paid a daylong visit to held Kashmir on Sunday to review development work as Freedom fighters fighting Indian occupation called for a shutdown in the Himalayan region.

Published 04 Feb, 2019 12:00am

Modi visits IHK amid protest strike

India's Prime Minister Narendra Modi paid a daylong visit to held Kashmir on Sunday to review development work as Freedom fighters fighting Indian occupation called for a shutdown in the Himalayan region.

Published 04 Feb, 2019 12:00am

Currency

THE RUPEE: modest recovery

The rupee posted fresh gains against the dollar on the money market during the ended on Feb 2, 2019. The rupee appreciated by 52 paisas in relation to the dollar for buying and selling at Rs 138.22 and Rs 138.24.

Published 04 Feb, 2019 12:00am

Currency

THE RUPEE: modest recovery

The rupee posted fresh gains against the dollar on the money market during the ended on Feb 2, 2019. The rupee appreciated by 52 paisas in relation to the dollar for buying and selling at Rs 138.22 and Rs 138.24.

Published 04 Feb, 2019 12:00am

PM asks Punjab CM to improve governance

Prime Minister Imran Khan held separate meetings with Punjab governor Chaudhary Muhammad Sarwar, Chief Minister Sardar Usman Buzdar and his media team and discussed matters pertaining to governance in Punjab and police reforms and problems of journalists

Published 04 Feb, 2019 12:00am

PM asks Punjab CM to improve governance

Prime Minister Imran Khan held separate meetings with Punjab governor Chaudhary Muhammad Sarwar, Chief Minister Sardar Usman Buzdar and his media team and discussed matters pertaining to governance in Punjab and police reforms and problems of journalists

Published 04 Feb, 2019 12:00am

PM orders probe into inflated gas bills

Federal Minister for Information and Broadcasting Chaudhry Fawad Hussain here on Sunday said that Prime Minister Imran Khan took notice of the inflated gas bills, terming it unjustified to put unnecessary burden on the poor consumers. Talking to the media

Published 04 Feb, 2019 12:00am

PM orders probe into inflated gas bills

Federal Minister for Information and Broadcasting Chaudhry Fawad Hussain here on Sunday said that Prime Minister Imran Khan took notice of the inflated gas bills, terming it unjustified to put unnecessary burden on the poor consumers. Talking to the media

Published 04 Feb, 2019 12:00am

PM orders probe into inflated gas bills

Federal Minister for Information and Broadcasting Chaudhry Fawad Hussain here on Sunday said that Prime Minister Imran Khan took notice of the inflated gas bills, terming it unjustified to put unnecessary burden on the poor consumers. Talking to the media

Published 04 Feb, 2019 12:00am

Mutual Funds

Bulls maintain grip

Pakistan Stock Exchange witnessed bullish trend during the outgoing week ended on February 1, 2019 on the back of both local and foreign investors support. BRIndex100 gained 96.01 points on week-on-week basis to close at 4,379.03 points. Average daily vol

Published 04 Feb, 2019 12:00am

Mutual Funds

Bulls maintain grip

Pakistan Stock Exchange witnessed bullish trend during the outgoing week ended on February 1, 2019 on the back of both local and foreign investors support. BRIndex100 gained 96.01 points on week-on-week basis to close at 4,379.03 points. Average daily vol

Published 04 Feb, 2019 12:00am

Mutual Funds

Bulls maintain grip

Pakistan Stock Exchange witnessed bullish trend during the outgoing week ended on February 1, 2019 on the back of both local and foreign investors support. BRIndex100 gained 96.01 points on week-on-week basis to close at 4,379.03 points. Average daily vol

Published 04 Feb, 2019 12:00am

Futures spread down by 86 basis points

The futures spread declined by 86bps to 7.99 percent on the last day of the outgoing week. Trading activities on the futures counter remained thin as average daily volumes declined by 67.0 percent to 44.17 million shares. Average daily trading value on th

Published 04 Feb, 2019 12:00am

Futures spread down by 86 basis points

The futures spread declined by 86bps to 7.99 percent on the last day of the outgoing week. Trading activities on the futures counter remained thin as average daily volumes declined by 67.0 percent to 44.17 million shares. Average daily trading value on th

Published 04 Feb, 2019 12:00am

SEZs to top today's ECC agenda

The Economic Coordination Committee (ECC) of the Cabinet on Monday (today) will determine solutions to critical issues facing companies in existing Special Economic Zones (SEZs), despite billions of rupees investment.

Published 04 Feb, 2019 12:00am

SEZs to top today's ECC agenda

The Economic Coordination Committee (ECC) of the Cabinet on Monday (today) will determine solutions to critical issues facing companies in existing Special Economic Zones (SEZs), despite billions of rupees investment.

Published 04 Feb, 2019 12:00am

SEZs to top today''s ECC agenda

The Economic Coordination Committee (ECC) of the Cabinet on Monday (today) will determine solutions to critical issues facing companies in existing Special Economic Zones (SEZs), despite billions of rupees investment.

Published 04 Feb, 2019 12:00am

WWI grenade found in French potato shipment

A German World War I hand grenade was found among a shipment of French potatoes imported for a Hong Kong crisp factory, police said. The device was safely detonated after it was discovered at the Calbee snacks factory Saturday.

Published 04 Feb, 2019 12:00am

Student's plea to CJP

A female law student at Islamic International University (IIU) Islamabad has made an appeal to the Chief Justice of Pakistan to provide her protection amid threats to her life. She, in a video message which has gone viral on social media, claimed that Asa

Published 04 Feb, 2019 12:00am

Brazil's Bolsonaro ill after surgery

Brazilian President Jair Bolsonaro was ill in hospital with a feeding tube Sunday following surgery days ago to remove a colostomy bag fitted after he suffered a knife attack late last year. The Sao Paulo hospital where Bolsonaro, 63, was convalescing sin

Published 04 Feb, 2019 12:00am

Macron eyeing referendum in May

President Emmanuel Macron is considering organising what would be the first referendum in France in 14 years in May as part of his response to "yellow vest" protests, a report said on Sunday. The Journal du Dimanche newspaper added to persistent rumours t

Published 04 Feb, 2019 12:00am

Israel begins construction of new Gaza border barrier

Israel said Sunday that work to strengthen its border with the Gaza Strip had entered a new phase, with construction starting on a massive new barrier along the frontier. "Over the weekend we began building the above-ground barrier along the Gaza border,"

Published 04 Feb, 2019 12:00am

May says 'armed with fresh' Brexit mandate

British Prime Minister Theresa May said on Sunday she would be "armed with a fresh mandate and new ideas" when she next meets European Union negotiators over her Brexit deal. EU officials have insisted that the deal - rejected by British lawmakers - is no

Published 04 Feb, 2019 12:00am

'Queen Elizabeth to be evacuated in case of Brexit unrest'

British officials have revived Cold War emergency plans to relocate the royal family should there be riots in London if Britain suffers a disruptive departure from the European Union next month, two Sunday newspapers reported.

Published 04 Feb, 2019 12:00am

'Queen Elizabeth to be evacuated in case of Brexit unrest'

British officials have revived Cold War emergency plans to relocate the royal family should there be riots in London if Britain suffers a disruptive departure from the European Union next month, two Sunday newspapers reported.

Published 04 Feb, 2019 12:00am

Taliban to meet Afghan opposition in Moscow

The Taliban said Sunday it will send a delegation to Russia for a rare meeting with Afghan opposition leaders, just days after peace talks with the United States that excluded the Kabul government. The two-day sit-down in Moscow, starting Tuesday, will be

Published 04 Feb, 2019 12:00am

Taliban to meet Afghan opposition in Moscow

The Taliban said Sunday it will send a delegation to Russia for a rare meeting with Afghan opposition leaders, just days after peace talks with the United States that excluded the Kabul government. The two-day sit-down in Moscow, starting Tuesday, will be

Published 04 Feb, 2019 12:00am

Three ports: government plans to increase cargo handling by 47 percent

Setting the ambitious targets for the 12th Five-Year Plan (2018-23), the government is projecting to increase total cargo handling of three ports by 47 percent, railways share in passenger and freight transport from 3.32 percent to 6 percent and shifting

Published 04 Feb, 2019 12:00am

Three ports: government plans to increase cargo handling by 47 percent

Setting the ambitious targets for the 12th Five-Year Plan (2018-23), the government is projecting to increase total cargo handling of three ports by 47 percent, railways share in passenger and freight transport from 3.32 percent to 6 percent and shifting

Published 04 Feb, 2019 12:00am

Three ports: government plans to increase cargo handling by 47 percent

Setting the ambitious targets for the 12th Five-Year Plan (2018-23), the government is projecting to increase total cargo handling of three ports by 47 percent, railways share in passenger and freight transport from 3.32 percent to 6 percent and shifting

Published 04 Feb, 2019 12:00am

Three ports: government plans to increase cargo handling by 47 percent

Setting the ambitious targets for the 12th Five-Year Plan (2018-23), the government is projecting to increase total cargo handling of three ports by 47 percent, railways share in passenger and freight transport from 3.32 percent to 6 percent and shifting

Published 04 Feb, 2019 12:00am

Indian train derails killing six

At least six passengers were killed and more than 20 injured Sunday after an express train derailed in eastern India's Bihar state, officials said. Nine coaches of the Delhi-bound Seemanchal Express came off the tracks early Sunday near Sahadai Buzurg sta

Published 04 Feb, 2019 12:00am

Indian train derails killing six

At least six passengers were killed and more than 20 injured Sunday after an express train derailed in eastern India's Bihar state, officials said. Nine coaches of the Delhi-bound Seemanchal Express came off the tracks early Sunday near Sahadai Buzurg sta

Published 04 Feb, 2019 12:00am

Qureshi describes Kashmir as vital part of foreign policy

Foreign Minister Shah Mehmood Qureshi on Sunday said Kashmir is an important cornerstone of Pakistan's foreign policy and asserted that Pakistan Tehreek-e-Insaf (PTI) government's stance on the matter is crystal clear. He stated this while talking to the

Published 04 Feb, 2019 12:00am

Qureshi describes Kashmir as vital part of foreign policy

Foreign Minister Shah Mehmood Qureshi on Sunday said Kashmir is an important cornerstone of Pakistan's foreign policy and asserted that Pakistan Tehreek-e-Insaf (PTI) government's stance on the matter is crystal clear. He stated this while talking to the

Published 04 Feb, 2019 12:00am

'Must run' power plants: PD directed to determine merit order

The Cabinet Committee on Energy (CcoE) has directed Power Division to determine merit order for 'must run' power plants on the basis of economic viability except for nuclear power plants, official sources told Business Recorder.

Published 04 Feb, 2019 12:00am

'Must run' power plants: PD directed to determine merit order

The Cabinet Committee on Energy (CcoE) has directed Power Division to determine merit order for 'must run' power plants on the basis of economic viability except for nuclear power plants, official sources told Business Recorder.

Published 04 Feb, 2019 12:00am

''Must run'' power plants: PD directed to determine merit order

The Cabinet Committee on Energy (CcoE) has directed Power Division to determine merit order for ''must run'' power plants on the basis of economic viability except for nuclear power plants, official sources told Business Recorder.

Published 04 Feb, 2019 12:00am

Egypt MPs table law amendment to extend Sisi rule

Egyptian lawmakers on Sunday tabled proposed constitutional changes that would allow President Abdel Fattah al-Sisi to extend his rule beyond 2022, two of them said. The bill submitted to speaker Ali Abdel Aal calls for several amendments to the constitut

Published 04 Feb, 2019 12:00am

Egypt MPs table law amendment to extend Sisi rule

Egyptian lawmakers on Sunday tabled proposed constitutional changes that would allow President Abdel Fattah al-Sisi to extend his rule beyond 2022, two of them said. The bill submitted to speaker Ali Abdel Aal calls for several amendments to the constitut

Published 04 Feb, 2019 12:00am

Currency

Policy rate uptick

The Monetary Policy Committee (MPC) of the State Bank of Pakistan has decided once again to raise, albeit slightly, the policy rate by a margin of 0.25 percent to 10.25 percent effective 1st February, 2019 and the decision seems to have been based on some

Updated 11 Mar, 2019 08:04am

The need to foster Tolerance

In his address to the sixth convocation of Namal College he founded single-handedly, Prime Minister Imran Khan touched on a wide range of his pet subjects, devoting a considerable part of it to his party's ongoing campaign against corruption. His governme

Updated 11 Mar, 2019 08:05am

Fire fighting yet to start!

Federal Finance Minister Asad Umer is the seventh finance minister engaged in fire fighting in a decade (since 2008) however the fire's intensity has not abated. This however never stopped the frequent self-congratulatory statements of appropriate measure

Published 04 Feb, 2019 12:00am

Uncomfortable message

World Economic Forum is a place for the big brains, big business, big people to get together and set the theme for the coming year. People from all over the world throng it with the wish to learn, connect and to be seen with Who's Who. This year's event w

Published 04 Feb, 2019 12:00am

Trapped in shrinking Syria holdout, IS turns to human shields

On a rooftop near the front line with the Islamic State group's collapsing caliphate in eastern Syria, a US-backed fighter and his comrades sip tea as they await orders to restart the battle. The Syrian Democratic Forces halted their ground assault on IS'

Published 04 Feb, 2019 12:00am

The issue of business confidence

Where is Pakistan's economy heading? According to a Business Recorder news item, Overseas Investors Chamber of Commerce and Industry (OICCI) has released the results of its Business Confidence Index (BCI) Survey - Wave 17, which shows that the over

Published 04 Feb, 2019 12:00am

Roadshows abroad to lure expats buy PBCs: Bukhari

The Government of Pakistan, in a bid to bring direct investment home to strengthen country's foreign reserves, will kick off roadshows in various countries within a couple of weeks.

Published 04 Feb, 2019 12:00am

Nawaz undergoes medical tests at Services Hospital

The convicted former prime minister Nawaz Sharif underwent several medical tests at the Services Hospital Lahore on Sunday as prescribed by the medical board formed to examine his deteriorating health. A six-member medical board examined Sharif and conduc

Published 04 Feb, 2019 12:00am

Prices of chicken, vegetables and pulses go up in retail market

A sharp increase in prices of chicken meat, vegetable, pulses, sugar and other important commodities was witnessed in the retail market, said in a survey carried out by Business Recorder here on Sunday.

Published 04 Feb, 2019 12:00am

ANP chief slams political worker's murder

ANP's President Asfandyar Wali Khan while expressing sorrow over the murder of Pashtoon political worker Arman Loni in Loralai, Balochistan and strongly condemned the incident. In a telephonic message from Saudi Arabia, the ANP chief said that they are fo

Published 04 Feb, 2019 12:00am

Pakistan to sign POL products' supply accord with Azerbaijan

Pakistan is likely to sign a commercial agreement with Azerbaijan during the current month for supply of different petroleum products to meet its growing energy needs.

Published 04 Feb, 2019 12:00am

Book launching ceremony held at Islamia College Peshawar

A book launching ceremony was held at Roos Keppel Hall, Islamia College Peshawar (ICP), here on Sunday. The fourth book is being launched by former senior bureaucrat and writer and intellectual Roider Khan. Peshawar University and Quaid-e-Azam University

Published 04 Feb, 2019 12:00am

Currency

Woman arrested, foreign currency seized

Airport Security Force (ASF) on Sunday arrested a woman from Islamabad Airport who was attempting to smuggle foreign currencies worth Rs3.85 million.

Published 04 Feb, 2019 12:00am

Not an iota of truth in Nawaz-government deal: Senator Pervaiz

Pakistan Muslim League-Nawaz Senator Pervaiz Rasheed has quelled rumors of an alleged deal between Nawaz Sharif and the government allowing the party leader to get out of prison and travel abroad. Rasheed, in a interview by a private TV news channel, expr

Published 04 Feb, 2019 12:00am

Action against fake, green number plates begins in KP today

The Excise, Taxation and Narcotics Control Department, government of Khyber Pakhtunkhwa has announced that it will start a crackdown against fake and green number plate, as well as unregistered and non-customs paid vehicles across the province from today

Published 04 Feb, 2019 12:00am

Action against fake, green number plates begins in KP today

The Excise, Taxation and Narcotics Control Department, government of Khyber Pakhtunkhwa has announced that it will start a crackdown against fake and green number plate, as well as unregistered and non-customs paid vehicles across the province from today

Published 04 Feb, 2019 12:00am

'No helmet no fuel' initiative being flouted openly

'No helmet no fuel' initiative, introduced by the authorities concerned citing a number of causalities in recent past, is being outwitted openly in the twin cities of Rawalpindi and Islamabad where the fuel pump owners adopting various tricks to sell thei

Published 04 Feb, 2019 12:00am

Murad for promoting healthy activities in Karachi

Sindh Chief Minister Syed Murad Ali Shah said on Sunday that sports, arts and crafts, literary and other healthy activities have witnessed a boost in Karachi since peace restored here.

Published 04 Feb, 2019 12:00am

SCF organises leadership skills workshop for girls

Sindh Community Foundation organized leadership skills workshop for girl's students belonging to 3 government girls' high schools of district Tando Muhammad Khan in cooperation with Mundo Cooperente.

Published 04 Feb, 2019 12:00am

PBIF for increasing trade with France

President of Pakistan Businessmen and Intellectuals Forum (PBIF) Mian Zahid Hussain has emphasised the need to enhance bilateral trade with France.

Published 04 Feb, 2019 12:00am

KP CM for examining legal aspects of RSEZ

KP Chief Minister Mahmood Khan has directed the examining of all legal aspects regarding Rashakai Special Economic Zone (RSEZ) for its early completion to present it in next cabinet meeting for further decisions. He issued these directives while presiding

Published 04 Feb, 2019 12:00am

Training workshops at LGH

Under the aegis of Health Education Program of Post Graduate Medical Institute in 4 Departments of Lahore General Hospital there were training workshops for young doctors who were aimed at preparing them to meet future challenges and ensuring quality heal

Published 04 Feb, 2019 12:00am

Cotton

Cotton prices remain stable

The prices of cotton remained stable. The trading volume is increasing gradually. The government is trying to increase the production of cotton. The private sector should also play its role for increasing the production of cotton. The government has issue

Published 04 Feb, 2019 12:00am

Accountability of corrupt gives strength to democracy: Sarwar

Governor Punjab Mohammad Sarwar has said that accountability of corrupt is strength of democracy not weakness. There is no room for corruption, injustice and oppression in any new Pakistan. Indian should keep away from using state terrorism against Pakist

Published 04 Feb, 2019 12:00am

Cotton

Over 10 million cotton bales issued to ginners

Seed cotton (Phutti) equivalent to 10.6 million bales have reached ginneries across Pakistan till February 1, registering a shortfall by 7.23 per cent compared to corresponding period of last year. Out of total arrivals, 10,546,192 bales have undergone th

Published 04 Feb, 2019 12:00am

Task force members review Afghan border situation

Task Force members paid a day long visit to Torkham and examined overall situation on the Pak-Afghan sharing border, Torkham to make possible initiatives to keep Pak-Afghan border open round the clock on the direction of the Prime Minister, Imran Khan.

Published 04 Feb, 2019 12:00am

Currency	Rate
USD PKR Interbank Selling / Apr 17	280.67
USD PKR Interbank Buying / Apr 17	280.47
USD to Japanese Yen / Apr 17	142.81
USD to Swiss Franc / Apr 17	0.82
Pound Sterling to USD / Apr 17	1.32
Euro to USD / Apr 17	1.14
UK LIBOR % / Apr 16	4.96

Stock	Volume
S&P 500 / Apr 16	5,275.70
Nasdaq / Apr 16	16,307.16
FTSE 100 / Apr 16	8,275.60
Dow Jones / Apr 16	39,669.39
Germany DAX 30 / Apr 16	21,311.02
France CAC40 / Apr 16	7,329.97
India Sensex / Apr 17	77,621.26
Tokyo Nikkei / Apr 17	34,285.53
Hang Seng / Apr 17	21,352.47

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 16	16,985
Gold 10 Grams PKR / Apr 16	298,353
Petrol/Litre / Apr 17	254.63
Crude Oil USD/Barrel / Apr 17	63.25
Gold Spot USD/Ounce / Apr 17	3,331.95
Diesel/Litre / Apr 17	258.64
Cotton US¢/pound / Apr 17	66.66

Stock	Price
Escorts Bank / Apr 17 Escorts Investment Bank Limited(ESBL)	6.91 ▲ 0.83 (13.65%)
Ghazi Fabrics / Apr 17 Ghazi Fabrics International Limited(GFIL)	8.36 ▲ 1 (13.59%)
Chakwal Spinning / Apr 17 Chakwal Spinning Mills Limited(CWSM)	57.93 ▲ 5.27 (10.01%)
Pak Gulf Leasing / Apr 17 Pak-Gulf Leasing Company Limited(PGLC)	21.89 ▲ 1.99 (10%)
Trust Sec.& Brok. / Apr 17 Trust Securities & Brokerage Limited(TSBL)	13.97 ▲ 1.27 (10%)
Nimir Resins / Apr 17 Nimir Resins Limited(NRSL)	42.45 ▲ 3.86 (10%)
At-Tahur Ltd. / Apr 17 At-Tahur Limited(PREMA)	58.09 ▲ 5.28 (10%)
Shezan Inter. / Apr 17 Shezan International Limited(SHEZ)	148.43 ▲ 13.49 (10%)
Bolan Casting / Apr 17 Bolan Castings Limited(BCL)	104.06 ▲ 9.46 (10%)
Gillette Pak / Apr 17 Gillette Pakistan Limited(GLPL)	185.88 ▲ 16.9 (10%)

Stock	Price
Oilboy Energy(R) / Apr 17 Oilboy Energy Limited(R)(OBOYR2)	1.13 ▼ -0.25 (-18.12%)
Gulshan Sp. / Apr 17 Gulshan Spinning Mills Limited(GSPM)	3.50 ▼ -0.44 (-11.17%)
Fateh Ind. / Apr 17 Fateh Industries Limited(FIL)	119.55 ▼ -13.28 (-10%)
Blue-Ex Ltd / Apr 17 Blue-Ex Limited (GEM)(GEMBLUEX)	56.69 ▼ -6.29 (-9.99%)
Apna Microfin. / Apr 17 Apna Microfinance Bank Limited(AMBL)	10.17 ▼ -1.11 (-9.84%)
Jubilee Gen. Ins. / Apr 17 Jubilee General Insurance Limited(JGICL)	49.20 ▼ -5.02 (-9.26%)
Mughal Energy / Apr 17 Mughal Energy Limited(GEM)(GEMMEL)	20 ▼ -2.02 (-9.17%)
The Thal Ind.Corp. / Apr 17 The Thal Industries Corporation Limited(TICL)	331.04 ▼ -28.97 (-8.05%)
IbrahimFibres / Apr 17 Ibrahim Fibres Limited(IBFL)	320.51 ▼ -27.89 (-8.01%)
ZIL Limited / Apr 17 ZIL Limited(ZIL)	331.51 ▼ -28.69 (-7.97%)

Stock	Volume
B.O.Punjab / Apr 17 The Bank of Punjab(BOP)	20,708,937 ▲ 0.14
Maple Leaf Cement / Apr 17 Maple Leaf Cement Factory Limited(MLCF)	16,077,766 ▲ 2.65
National Bank / Apr 17 National Bank of Pakistan(NBP)	14,652,092 ▲ 5.07
Cnergyico PK / Apr 17 Cnergyico PK Limited(CNERGY)	14,199,610 ▲ 0.02
Fauji Cement / Apr 17 Fauji Cement Company Limited(FCCL)	11,648,286 ▲ 1.17
United BankXD / Apr 17 United Bank Limited(UBL)	10,508,096 ▲ 13.32
Hascol Petrol / Apr 17 Hascol Petroleum Limited(HASCOL)	8,722,170 ▲ 0.23
WorldCall Telecom / Apr 17 Worldcall Telecom Limited(WTL)	8,482,988 ▲ 0
K-Electric Ltd. / Apr 17 K-Electric Limited(KEL)	8,045,404 ▲ 0.04
Pak Elektron / Apr 17 Pak Elektron Limited(PAEL)	7,443,585 ▲ 0.51

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