News Archives for Print - 2019-02-08

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Thursday (February 07, 2019).

Published 08 Feb, 2019 12:00am

Currency

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Thursday (February 07, 2019).

Published 08 Feb, 2019 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Thursday (February 07, 2019).

Published 08 Feb, 2019 12:00am

Libor

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Thursday (February 07, 2019).

Published 08 Feb, 2019 12:00am

Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Thursday (February 07, 2019).

Published 08 Feb, 2019 12:00am

Currency

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Thursday (February 07, 2019).

Published 08 Feb, 2019 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Thursday (February 07, 2019).

Published 08 Feb, 2019 12:00am

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi

Published 08 Feb, 2019 12:00am

Currency

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d

Published 08 Feb, 2019 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 08 Feb, 2019 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 08 Feb, 2019 12:00am

Aaj TV - Friday's schedule

All timings are in PST (Pakistan Standard Time).

Published 08 Feb, 2019 12:00am

New Mars rover named after DNA pioneer Rosalind Franklin

A British-made rover that will set off for Mars next year in search for signs of life was named Thursday after DNA pioneer Rosalind Franklin. UK astronaut Tim Peake revealed the name of the first European scavenger of the Red Planet at the Airbus factory

Published 08 Feb, 2019 12:00am

Iran arrested 860 journalists in post-revolution decades

The Iranian authorities arrested 860 journalists in the 30 years following the 1979 revolution, according to leaked files unveiled by a media watchdog Thursday.

Published 08 Feb, 2019 12:00am

Chile's former army chief detained for torture under Pinochet

Police in Chile arrested a former army chief Thursday on charges of torturing 24 people in 1973, shortly after the coup that brought dictator Augusto Pinochet to power, officials said.

Published 08 Feb, 2019 12:00am

Trump lashes out as Democrats open probes into his taxes, Russia ties

President Donald Trump blasted Democrats on Thursday as they prepared to launch a barrage of investigations into his Russia ties, real estate business and long-hidden taxes.

Published 08 Feb, 2019 12:00am

Iran Revolutionary Guards unveil 'new ballistic missile'

Iran's Revolutionary Guards on Thursday unveiled a new ballistic missile with a range of 1,000 kilometres, their official news agency Sepah News reported.

Published 08 Feb, 2019 12:00am

Two dead in Nigerian campaign rally crush: presidency

Two people were reported to have died Thursday during a crush at an election campaign rally for President Muhammadu Buhari in northeast Nigeria, the presidency said.

Published 08 Feb, 2019 12:00am

US rebukes Germany for deporting Islamic militant to Turkey

The United States sharply rebuked Germany on Thursday for deporting a wanted Islamic militant to Turkey instead of extraditing him to New York to stand trial on terror-related charges.

Published 08 Feb, 2019 12:00am

Tunisian government agrees deal with union

The Tunisian authorities on Thursday reached a deal with a powerful trade union over wage hike demands to avert a further round of paralysing strikes. The Tunisian General Labour Union (UGTT) last month brought the North African country to a standstill wi

Published 08 Feb, 2019 12:00am

Japan prevents freelance journalist from traveling to report in Yemen

The Committee to Protect Journalists today called on the Japanese government to allow freelance journalist Kosuke Tsuneoka to leave the country to conduct reporting. Tsuneoka was stopped by immigration officials at Tokyo's Haneda Airport while trying to l

Published 08 Feb, 2019 12:00am

Warring Yemen parties agree compromise on Hodeida pullback

Yemen's government and Huthi rebels have agreed on a preliminary compromise for redeploying their forces from the port city of Hodeida, the UN said Thursday, shoring up a truce deal that marks the first step toward ending the devastating war. The pullback

Published 08 Feb, 2019 12:00am

With mood at rock bottom, wary investors put up with weak European earnings

A rebound in European stocks has been fuelled by low expectations and valuations and belies the underlying health of corporate Europe. After a terrible December, markets have had a buoyant start to the year. European stocks on Wednesday were up 11 percent

Published 08 Feb, 2019 12:00am

Qatar slides on wide sell-off, all major Gulf markets drop

Qatar's stock market fell sharply on Thursday as all but one of its stocks slid, while all major Gulf bourses also tumbled, mostly pressured by financial shares. Qatar's index, one of the world's best performing markets last year, fell 1.7 percent with 19

Published 08 Feb, 2019 12:00am

Tokyo stocks lower despite soaring Softbank Group

Tokyo stocks closed lower on Thursday despite a stellar performance from telecoms and investment firm Softbank Group, which shot up nearly 18 percent after a huge buyback of its shares. After a lacklustre trading day, Japan's benchmark Nikkei 225 index wa

Published 08 Feb, 2019 12:00am

Thursday's early afternoon trade: Wall Street slides on rekindled US-China trade fears

US stocks sank over 1 percent on Thursday on fears that the United States and China would not be able to reach a trade deal with less than a month left in their fragile truce, adding to worries about a slowdown in global growth. President Donald Trump and

Published 08 Feb, 2019 12:00am

Fresh fraud allegations buffet Wirecard

Shares in German payments processing group Wirecard plunged for the third time in little more than a week on Thursday, as the Financial Times alleged senior executives knew of accounting fraud. Stock in the star "fintech" (financial technology) firm fell

Published 08 Feb, 2019 12:00am

Indian shares nearly flat

Indian shares ended little changed on Thursday as they came off early highs, while bond yields lowered after the central bank in a surprise move cut interest rates and, as expected, shifted its stance to "neutral" in a bid to boost a slowing economy. The

Published 08 Feb, 2019 12:00am

Asian markets closed

Stocks, financial and commodity markets in China, Hong Kong, and Taiwan are closed on Thursday due to Lunar Year holidays.

Published 08 Feb, 2019 12:00am

German bond yields hit two-year lows

Germany's 10-year bond yield sank on Thursday to its lowest level in over two years, taking a step closer to zero percent, after sharp cuts to the European Commission's growth and inflation forecasts fuelled concern about the economic outlook. As yields o

Published 08 Feb, 2019 12:00am

German bond yields hit two-year lows

Published 08 Feb, 2019 12:00am

European shares fall as EU growth falters, earnings weigh

European shares fell sharply on Thursday ending a seven-session run of gains as a batch of worrying trading updates in a wide range of sectors combined with the European Union cutting its growth forecasts to weigh on markets. Europe's STOXX 600 ended the

Published 08 Feb, 2019 12:00am

Most Southeast Asian stocks rise, Malaysia leads pack

Most Southeast Asian stock markets rose on Thursday with Malaysia leading the gains, as optimism over a trade deal between the US and China were renewed following indications of further official talks in Beijing next week. US Treasury Secretary Steven Mnu

Published 08 Feb, 2019 12:00am

FTSE slides as EU, BoE slash growth forecasts, TUI tumbles

Britain's blue-chip index fell sharply on Thursday as economic growth concerns resurfaced after the Bank of England joined the European Commission in cutting its growth forecast amid Brexit uncertainty, while tour operator TUI plunged after poor results.

Published 08 Feb, 2019 12:00am

Ponzi scheme firm bosses in Benin jailed for 10 years

Two senior directors of an investment firm in Benin were jailed for 10 years each on Thursday following their conviction for defrauding more than 150,000 people in a Ponzi scheme. The chief executive of ICC Services, Guy Aplogan, and the company's directo

Published 08 Feb, 2019 12:00am

Currency

Residual US sanctions keep Sudan's economy in chokehold

Sixteen months after the United States lifted most sanctions on Sudan, businesses are unable to operate dollar transactions, insurance companies are cut off from the reinsurance market and the local airline is virtually grounded for lack of spare parts.

Published 08 Feb, 2019 12:00am

Twitter profit soars

Twitter on Thursday reported a sharp rise in quarterly profits, lifted by gains in advertising, but its shares took a hit on a declining user base and a move to a new audience measure. The short-messaging platform said it posted a $255 million profit in t

Published 08 Feb, 2019 12:00am

Twitter profit soars

Published 08 Feb, 2019 12:00am

Pumping and prices make for Total success

French oil giant Total said Thursday its net profit climbed 33 percent in 2018 thanks to a rise in oil prices and production. Net profit attributable to share holders rose to $11.4 billion (10.1 billion euros), Total said in a press release. Stripping out

Published 08 Feb, 2019 12:00am

Total makes 'significant' offshore South Africa gas find

French energy giant Total announced Thursday it had found "significant" gas off the southern coast of South Africa, a discovery expected to boost the nation's struggling economy and reduce reliance on imports. "Total has made a significant gas condensate

Published 08 Feb, 2019 12:00am

ArcelorMittal builds profits

The world's top steelmaker, ArcelorMittal, said Thursday it boosted profit last year even though shipments dipped, before adding that it expects demand to rise this year. The company's net profit rose by 12.7 percent to $5.1 billion (4.5 billion euros). W

Published 08 Feb, 2019 12:00am

US weekly jobless claims retreat

The number of Americans filing applications for unemployment benefits dropped from near a 1-1/2-year high last week, but the decline was less than expected, suggesting some moderation in the pace of job growth. Still, the Labour Department's report on Thu

Published 08 Feb, 2019 12:00am

Currency

India central bank cuts rates ahead of election

India's central bank cut interest rates Thursday, giving a surprise boost to Prime Minister Narendra Modi ahead of general elections due this year. The cut in borrowing costs in Asia's third-biggest economy comes as the economy stutters and other central

Published 08 Feb, 2019 12:00am

BB&T and SunTrust announce $66 billion merger

BB&T and SunTrust announced Thursday they will combine in a $66 billion transaction to create a regional banking giant in the industry's largest merger since the 2008 financial crisis. The midsized banks operating in the fast-growing Southeastern United S

Published 08 Feb, 2019 12:00am

Brazil central bank keeps key rate at 6.5 percent

Brazil's central bank Wednesday kept its key rate steady at a historically low 6.5 percent, showing caution as President Jair Bolsonaro's government readied structural reforms meant to boost the economy. The decision adopted unanimously by the bank's Mone

Published 08 Feb, 2019 12:00am

France splits from Germany over Nord Stream two pipeline

France said Thursday it will support EU oversight of new offshore energy pipelines in a move that could cripple a controversial new link between Russia and Germany. The move puts Paris at odds with Berlin which has championed the highly contested Nord Str

Published 08 Feb, 2019 12:00am

EU slashes eurozone growth forecast as Germany cools

The European Commission sharply cut its eurozone growth forecast for 2019 on Thursday as an unexpected slowdown in Germany and protests in France weigh on the economy in Europe. The EU also cut Italy's growth rate to a five-year low, a situation that risk

Published 08 Feb, 2019 12:00am

Former West Ham defender jailed after car sale scam

Former Czech Republic international Tomas Repka was jailed for 15-months on Thursday on charges of selling a leased Mercedes for 46,500 euros ($52,700). Repka played three years at Fiorentina in Italy and five at West Ham United in London as well as turni

Published 08 Feb, 2019 12:00am

Body from wreckage of Sala's plane arrives in Britain

Investigators recovered a body underwater from the wreckage of a plane carrying Argentine footballer Emiliano Sala in the Channel and transported it to the British mainland on Thursday for identification. Britain's Air Accidents Investigation Branch (AAIB

Published 08 Feb, 2019 12:00am

China's Shandong win Hong Kong Lunar Cup

China's Shandong Luneng defied a hostile crowd to beat Japanese club Sagan Tosu 3-1 and win Hong Kong's Lunar New Year Cup on Thursday in a match dominated by foreign imports. Shandong took the field without injured star recruit Marouane Fellaini, who sig

Published 08 Feb, 2019 12:00am

Gayle returns to West Indies squad for England ODIs

West Indies recalled veteran batsman Chris Gayle on Thursday for the first two one-day internationals against England in preparation for this year's World Cup. The hard-hitting, 39-year-old Gayle last played for West Indies during a home series against Ba

Published 08 Feb, 2019 12:00am

Starc out of India tour with 'substantial' muscle tear

Pace spearhead Mitchell Starc was on Thursday ruled out of Australia's Twenty20 and one-day tour of India with a "substantial" muscle tear, joining fellow quick bowler Josh Hazlewood on the sidelines. Australia play two T20s and five ODIs against the Indi

Published 08 Feb, 2019 12:00am

Sprite partners with four PSL teams

Sprite, the world's leading lemon-lime flavored soft drink, is bringing its crisp, thirst-quenching taste to the 4th edition of the Pakistan Super League, by partnering with four franchises in the tournament, namely Karachi Kings, Quetta Gladiators, Islam

Published 08 Feb, 2019 12:00am

Australia's bowling coach quits ahead of World Cup

Australia's bowling coach David Saker quit Thursday just months out from the World Cup and an Ashes tour to England "for the best interests of the team". Saker, who performed a similar role with England before joining the Australian set-up in 2016, resign

Published 08 Feb, 2019 12:00am

Unopposed Ceferin re-elected as UEFA president

UEFA president Aleksander Ceferin was on Thursday re-elected for a four-year term as head of European football's governing body by acclamation. The 51-year-old Slovenian lawyer was the only candidate going forward for election at the UEFA Congress in Rome

Published 08 Feb, 2019 12:00am

Messi unable to inspire Barca winner as Madrid hold on for draw

Real Madrid gained a measure of redemption at the Camp Nou by holding Barcelona to a 1-1 draw on Wednesday and taking the upper-hand in the semi-final of Copa del Rey.

Published 08 Feb, 2019 12:00am

Man City sink Everton to knock Liverpool off the top

Manchester City seized first place in the Premier League on Wednesday with a 2-0 win over Everton that moved the champions above Liverpool on goal difference.

Published 08 Feb, 2019 12:00am

Currency

Sri Lankan rupee up

Sri Lanka's rupee ended slightly firmer on Thursday due to exporter dollar sales, while a trade union strike at customs dampened importer demand for the greenback. Stocks snapped a five-session winning streak to end lower as foreign investors exited from

Published 08 Feb, 2019 12:00am

Currency

Nigeria naira up

The Nigerian naira has gained 0.55 percent in a week to reach 361 per US dollar on Thursday as foreign funds shrugged off the risk of forthcoming elections to buy government treasuries, traders said. The currency was quoted between 362.50 and 363 a week a

Published 08 Feb, 2019 12:00am

'Wall of money' flooding emerging markets after Fed change: IIF

A "wall of money" is set to flood into emerging markets assets now the US Federal Reserve has eased the risk of a sharp rise in global borrowing costs, the Institute of International Finance (IIF) said on Thursday. The IIF, which closely tracks financing

Published 08 Feb, 2019 12:00am

Currency

Early trade in New York: dollar climbs as euro slips

The US dollar edged higher against the euro on Thursday after the European Commission slashed its economic growth forecasts for the euro zone due to the expected impact of trade tensions and other challenges for the bloc's largest countries. In a quarterl

Published 08 Feb, 2019 12:00am

Currency

Euro slips to two-week low in Europe

The euro fell to a two-week low on Thursday after the European Commission sharply cut its forecasts for economic growth in the euro zone. Global trade tensions and growing public debt are hastening a slowdown in the largest countries of the bloc, complica

Published 08 Feb, 2019 12:00am

Central European currencies hit multi-week lows

Central European currencies set multi-week lows as three of the region's central banks which meet on Thursday were seen keeping rates on hold, while the dollar extended its gains.

Published 08 Feb, 2019 12:00am

Libor

Dollar LIBOR posts biggest drop since May 2009

A key barometer of interbank borrowing costs recorded its biggest single-day fall on Thursday to its lowest level since late November amid bets that the US Federal Reserve might lower interest rates.

Published 08 Feb, 2019 12:00am

Currency

Sterling shakes off central bank scare, Brexit talks eyed

Sterling advanced on Thursday in a volatile trading session after the Bank of England said Britain faced its weakest economic growth in a decade due to uncertainty about Brexit. Having fallen more than half a percent immediately after Bank cut its growth

Published 08 Feb, 2019 12:00am

Cotton

PMEX daily trading report

On Wednesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,637. The traded value of Metals, Energy and COTS/FX was recorded at PKR 4.677 billion and the number of lots traded 8,199. Major business was contributed by WTI crude o

Published 08 Feb, 2019 12:00am

CBOT corn futures up

Chicago Board of Trade corn futures ended higher on Tuesday as traders squared positions ahead of a series of major government crop reports due for release on Friday, traders said. CBOT March corn was up 1-1/2 cents at $3.80-3/4 per bushel, settling above

Published 08 Feb, 2019 12:00am

Natural gas trading on Shanghai exchange reaches new high

Natural gas transactions in the Shanghai Petroleum and Natural Gas Exchange (SHPGX) reached a record high last year in part due to China's huge demand for clean energy. The volume of natural gas traded in the exchange amounted to 60.46 billion cubic meter

Published 08 Feb, 2019 12:00am

European wheat futures weaker on US price fall

European wheat futures in Paris fell on Tuesday, undermined by weakness in Chicago and doubts over whether the hoped-for upturn in western European exports will materialise. March milling wheat, the most active contract on the Paris-based Euronext exchang

Published 08 Feb, 2019 12:00am

India's tea output falls

India's tea production nudged 0.8 percent lower in 2018 from a year ago to 1311.63 million kg, trimming exports from the world's biggest black tea producer by 1.1 percent, the state-run Tea Board said on Friday. The south Asian country's exports eased to

Published 08 Feb, 2019 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular