News Archives for Print - 2019-02-09

Shah for probing PM in Aleem Khan's case

Pakistan Peoples Party (PPP) stalwart Syed Khurshid Shah has demanded to include Prime Minister Imran Khan in Aleem Khan's case. If the laundry bill of Bilawal can be investigated, why investigations cannot be extended to Imran Khan for getting sponsorshi

Published 09 Feb, 2019 12:00am

February-April period: Government plans to borrow Rs 3.85 trillion from banking system

The federal government intends to borrow some Rs 3.85 trillion from the domestic banking system through the sale of short-term and long-term investment bonds during February-April of current fiscal year to finance fiscal deficit. Sources in banking indust

Published 09 Feb, 2019 12:00am

Currency

THE RUPEE: rates slip

The rupee has failed to sustain its firmness in terms of the dollar on the local money market on Friday in the process of trading activity, dealers said. The rupee 13 paisas in relation to the dollar for buying at Rs 138.35 and it also shed 15 paisas for

Published 09 Feb, 2019 12:00am

February-April period: Government plans to borrow Rs 3.85 trillion from banking system

The federal government intends to borrow some Rs 3.85 trillion from the domestic banking system through the sale of short-term and long-term investment bonds during February-April of current fiscal year to finance fiscal deficit. Sources in banking indust

Published 09 Feb, 2019 12:00am

Kerb

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Friday (February 08, 2019).

Published 09 Feb, 2019 12:00am

February-April period: Government plans to borrow Rs 3.85 trillion from banking system

The federal government intends to borrow some Rs 3.85 trillion from the domestic banking system through the sale of short-term and long-term investment bonds during February-April of current fiscal year to finance fiscal deficit. Sources in banking indust

Published 09 Feb, 2019 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Friday (February 08, 2019).

Published 09 Feb, 2019 12:00am

February-April period: Government plans to borrow Rs 3.85 trillion from banking system

The federal government intends to borrow some Rs 3.85 trillion from the domestic banking system through the sale of short-term and long-term investment bonds during February-April of current fiscal year to finance fiscal deficit. Sources in banking indust

Published 09 Feb, 2019 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (February 08, 2019).

Published 09 Feb, 2019 12:00am

Sindh CM tells PM: Gas suspension hitting Sindh's economy

Sindh Chief Minister Syed Murad Ali Shah through a DO letter to prime minister of Pakistan has conveyed the deep concern over the prolonged gas outages across Sindh, which according to him is the largest contributor to nationwide gas production. Shah told

Published 09 Feb, 2019 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (February 08, 2019).

Published 09 Feb, 2019 12:00am

Sindh CM tells PM: Gas suspension hitting Sindh's economy

Sindh Chief Minister Syed Murad Ali Shah through a DO letter to prime minister of Pakistan has conveyed the deep concern over the prolonged gas outages across Sindh, which according to him is the largest contributor to nationwide gas production. Shah told

Published 09 Feb, 2019 12:00am

Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Friday (February 08, 2019).

Published 09 Feb, 2019 12:00am

BRIndex100 stays bearish

A bearish trend continued at Pakistan Stock Exchange due to selling in various sectors. BRIndex100 lost 50.57 points or 1.15 percent to close at 4,351.44 points Friday. BRIndex100 touched intraday high of 4,403.28 and intraday low of 4,336.48 points. Volu

Published 09 Feb, 2019 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Friday (February 08, 2019).

Published 09 Feb, 2019 12:00am

BRIndex100 stays bearish

A bearish trend continued at Pakistan Stock Exchange due to selling in various sectors. BRIndex100 lost 50.57 points or 1.15 percent to close at 4,351.44 points Friday. BRIndex100 touched intraday high of 4,403.28 and intraday low of 4,336.48 points. Volu

Published 09 Feb, 2019 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (February 08, 2019)

Published 09 Feb, 2019 12:00am

BRIndex100 stays bearish

A bearish trend continued at Pakistan Stock Exchange due to selling in various sectors. BRIndex100 lost 50.57 points or 1.15 percent to close at 4,351.44 points Friday. BRIndex100 touched intraday high of 4,403.28 and intraday low of 4,336.48 points. Volu

Published 09 Feb, 2019 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (February 08, 2019).

Published 09 Feb, 2019 12:00am

Bureaucracy: PM vows 'structural' reforms

Prime Minister Imran Khan said on Friday the government was firmly committed to undertakingstructural reforms in bureaucracy to make it efficient and responsive to the needs of time. While chairing a meeting of the Task Force on Civil Services Reforms, th

Published 09 Feb, 2019 12:00am

LME official prices

The following were Thursday official prices.

Published 09 Feb, 2019 12:00am

Bureaucracy: PM vows 'structural' reforms

Prime Minister Imran Khan said on Friday the government was firmly committed to undertakingstructural reforms in bureaucracy to make it efficient and responsive to the needs of time. While chairing a meeting of the Task Force on Civil Services Reforms, th

Published 09 Feb, 2019 12:00am

LME official prices

The following were Thursday official prices.

Published 09 Feb, 2019 12:00am

Government rejects speculation about 'NRO'

The government has rejected the widespread speculation about another National Reconciliation Ordinance (NRO). According to media reports, a meeting chaired by Prime Minister Imran Khan reviewed overall political situation in the country and discussed the

Published 09 Feb, 2019 12:00am

The Weather

The weather report on Friday (February 08, 2019) and the forecast for Saturday (February 09, 2019).

Published 09 Feb, 2019 12:00am

Government rejects speculation about 'NRO'

The government has rejected the widespread speculation about another National Reconciliation Ordinance (NRO). According to media reports, a meeting chaired by Prime Minister Imran Khan reviewed overall political situation in the country and discussed the

Published 09 Feb, 2019 12:00am

GIDC payables: Fertilizer sector, IPPs, others granted 50 percent waiver

The federal government has granted 50 percent waiver in Gas Infrastructure Development Cess (GIDC) payables to fertilizer sector, IPPs, Gencos and general industry including its captive power units for seven years (from January 1, 2012 to December 31, 201

Published 09 Feb, 2019 12:00am

GIDC payables: Fertilizer sector, IPPs, others granted 50 percent waiver

The federal government has granted 50 percent waiver in Gas Infrastructure Development Cess (GIDC) payables to fertilizer sector, IPPs, Gencos and general industry including its captive power units for seven years (from January 1, 2012 to December 31, 201

Published 09 Feb, 2019 12:00am

GIDC payables: Fertilizer sector, IPPs, others granted 50 percent waiver

The federal government has granted 50 percent waiver in Gas Infrastructure Development Cess (GIDC) payables to fertilizer sector, IPPs, Gencos and general industry including its captive power units for seven years (from January 1, 2012 to December 31, 201

Published 09 Feb, 2019 12:00am

Umar made CCoE chairman

Finance Minister Asad Umar has been made chairman of the Cabinet Committee on Energy (CCoE) and notification to this effect was issued following the approval of the Prime Minister. Prime Minister Imran Khan has re-constituted the Cabinet Committee on Ener

Published 09 Feb, 2019 12:00am

Umar made CCoE chairman

Finance Minister Asad Umar has been made chairman of the Cabinet Committee on Energy (CCoE) and notification to this effect was issued following the approval of the Prime Minister. Prime Minister Imran Khan has re-constituted the Cabinet Committee on Ener

Published 09 Feb, 2019 12:00am

Umar made CCoE chairman

Finance Minister Asad Umar has been made chairman of the Cabinet Committee on Energy (CCoE) and notification to this effect was issued following the approval of the Prime Minister. Prime Minister Imran Khan has re-constituted the Cabinet Committee on Ener

Published 09 Feb, 2019 12:00am

AML/CFT regime: SECP tells entities to ensure strict compliance

The Securities and Exchange Commission of Pakistan (SECP) has directed regulated persons (securities brokers, commodities brokers, insurers, Takaful operators, non-banking finance companies (NBFCs) and Modarabas) to ensure strict compliance with anti-mone

Published 09 Feb, 2019 12:00am

AML/CFT regime: SECP tells entities to ensure strict compliance

The Securities and Exchange Commission of Pakistan (SECP) has directed regulated persons (securities brokers, commodities brokers, insurers, Takaful operators, non-banking finance companies (NBFCs) and Modarabas) to ensure strict compliance with anti-mone

Published 09 Feb, 2019 12:00am

AML/CFT regime: SECP tells entities to ensure strict compliance

The Securities and Exchange Commission of Pakistan (SECP) has directed regulated persons (securities brokers, commodities brokers, insurers, Takaful operators, non-banking finance companies (NBFCs) and Modarabas) to ensure strict compliance with anti-mone

Published 09 Feb, 2019 12:00am

Finance Supplementary (Second Amendment) Bill, 2019: President summons NA session on February 18

The National Assembly would pass the "Finance Supplementary (Second Amendment) Bill, 2019" after discussion in the coming session to be held on February 18 (Monday). President Dr Arif Alvi has summoned the session of the National Assembly on Monday (Febru

Published 09 Feb, 2019 12:00am

Finance Supplementary (Second Amendment) Bill, 2019: President summons NA session on February 18

The National Assembly would pass the "Finance Supplementary (Second Amendment) Bill, 2019" after discussion in the coming session to be held on February 18 (Monday). President Dr Arif Alvi has summoned the session of the National Assembly on Monday (Febru

Published 09 Feb, 2019 12:00am

Finance Supplementary (Second Amendment) Bill, 2019: President summons NA session on February 18

The National Assembly would pass the "Finance Supplementary (Second Amendment) Bill, 2019" after discussion in the coming session to be held on February 18 (Monday). President Dr Arif Alvi has summoned the session of the National Assembly on Monday (Febru

Published 09 Feb, 2019 12:00am

Finance Supplementary (Second Amendment) Bill, 2019: President summons NA session on February 18

The National Assembly would pass the "Finance Supplementary (Second Amendment) Bill, 2019" after discussion in the coming session to be held on February 18 (Monday). President Dr Arif Alvi has summoned the session of the National Assembly on Monday (Febru

Published 09 Feb, 2019 12:00am

Fawad blames previous governments for 'shaking foundations' of economy

Federal Minister for Information Fawad Chaudhry on Friday regretted that ruling Pakistan Tehreek-e-Insaf (PTI) has so far failed to provide relief to its middle class voters who brought the party into power, saying the government has its hands tied due to

Published 09 Feb, 2019 12:00am

Fawad blames previous governments for 'shaking foundations' of economy

Federal Minister for Information Fawad Chaudhry on Friday regretted that ruling Pakistan Tehreek-e-Insaf (PTI) has so far failed to provide relief to its middle class voters who brought the party into power, saying the government has its hands tied due to

Published 09 Feb, 2019 12:00am

Brazil mourns after football training facility fire kills 10

Brazilian football was in mourning on Friday after 10 people died when a fire ripped through a youth training facility at the country's most popular club, Flamengo, authorities said. The pre-dawn blaze in Rio de Janeiro hit a building that housed players

Published 09 Feb, 2019 12:00am

Brazil mourns after football training facility fire kills 10

Brazilian football was in mourning on Friday after 10 people died when a fire ripped through a youth training facility at the country's most popular club, Flamengo, authorities said. The pre-dawn blaze in Rio de Janeiro hit a building that housed players

Published 09 Feb, 2019 12:00am

Brazil mourns after football training facility fire kills 10

Brazilian football was in mourning on Friday after 10 people died when a fire ripped through a youth training facility at the country''s most popular club, Flamengo, authorities said. The pre-dawn blaze in Rio de Janeiro hit a building that housed players

Published 09 Feb, 2019 12:00am

US considers withdrawal of zero tariffs for India

India could lose a vital US trade concession, under which it enjoys zero tariffs on $5.6 billion of exports to the United States, amid a widening dispute over its trade and investment policies, people with close knowledge of the matter said. A move to wit

Published 09 Feb, 2019 12:00am

US considers withdrawal of zero tariffs for India

India could lose a vital US trade concession, under which it enjoys zero tariffs on $5.6 billion of exports to the United States, amid a widening dispute over its trade and investment policies, people with close knowledge of the matter said. A move to wit

Published 09 Feb, 2019 12:00am

US considers withdrawal of zero tariffs for India

India could lose a vital US trade concession, under which it enjoys zero tariffs on $5.6 billion of exports to the United States, amid a widening dispute over its trade and investment policies, people with close knowledge of the matter said. A move to wit

Published 09 Feb, 2019 12:00am

Banks directed to promote PBCs

The State Bank of Pakistan (SBP) has asked banks for promotion of, Pakistan Banao Certificates (PBCs) launched by the Government of Pakistan on January 31, 2019. In this connection, to create awareness among investors and promote investment in these certi

Published 09 Feb, 2019 12:00am

Banks directed to promote PBCs

The State Bank of Pakistan (SBP) has asked banks for promotion of, Pakistan Banao Certificates (PBCs) launched by the Government of Pakistan on January 31, 2019. In this connection, to create awareness among investors and promote investment in these certi

Published 09 Feb, 2019 12:00am

Banks directed to promote PBCs

The State Bank of Pakistan (SBP) has asked banks for promotion of, Pakistan Banao Certificates (PBCs) launched by the Government of Pakistan on January 31, 2019. In this connection, to create awareness among investors and promote investment in these certi

Published 09 Feb, 2019 12:00am

2013 UP riots: India court hands seven Muslim men life sentences

An Indian court on Friday sentenced seven Muslim men to life in prison for the murder of two Hindu men in 2013 in the northern state of Uttar Pradesh, an incident that had sparked religious riots killing about 65 people and displacing thousands.

Published 09 Feb, 2019 12:00am

2013 UP riots: India court hands seven Muslim men life sentences

An Indian court on Friday sentenced seven Muslim men to life in prison for the murder of two Hindu men in 2013 in the northern state of Uttar Pradesh, an incident that had sparked religious riots killing about 65 people and displacing thousands.

Published 09 Feb, 2019 12:00am

CPEC projects: Chinese diplomat expresses satisfaction over pace of work

A top Chinese diplomat Friday expressed satisfaction over the progress made on projects under the China-Pakistan Economic Corridor (CPEC), saying that a number of projects are set to be completed in the next few months. Speaking at a seminar on 'Belt and

Published 09 Feb, 2019 12:00am

CPEC projects: Chinese diplomat expresses satisfaction over pace of work

A top Chinese diplomat Friday expressed satisfaction over the progress made on projects under the China-Pakistan Economic Corridor (CPEC), saying that a number of projects are set to be completed in the next few months. Speaking at a seminar on 'Belt and

Published 09 Feb, 2019 12:00am

CPEC projects: Chinese diplomat expresses satisfaction over pace of work

A top Chinese diplomat Friday expressed satisfaction over the progress made on projects under the China-Pakistan Economic Corridor (CPEC), saying that a number of projects are set to be completed in the next few months. Speaking at a seminar on ''Belt and

Published 09 Feb, 2019 12:00am

Sanjrani for expediting work on CPEC projects

Work on different mega projects being executed under the China-Pakistan Economic Corridor (CPEC) should be expedited so as the people could reap the fruits of development at the earliest. This was stated by Senate Chairman Sadiq Sanjrani during a meeting

Published 09 Feb, 2019 12:00am

Sanjrani for expediting work on CPEC projects

Work on different mega projects being executed under the China-Pakistan Economic Corridor (CPEC) should be expedited so as the people could reap the fruits of development at the earliest. This was stated by Senate Chairman Sadiq Sanjrani during a meeting

Published 09 Feb, 2019 12:00am

Sanjrani for expediting work on CPEC projects

Work on different mega projects being executed under the China-Pakistan Economic Corridor (CPEC) should be expedited so as the people could reap the fruits of development at the earliest. This was stated by Senate Chairman Sadiq Sanjrani during a meeting

Published 09 Feb, 2019 12:00am

Thai King lambastes 'highly inappropriate' move to make princess PM

Thailand's powerful King Maha Vajiralongkorn late Friday described an unprecedented move to make his older sister Princess Ubolratana prime minister as "highly inappropriate" and against "royal traditions". Ubolratana, 67, the older sister of Vajiralongko

Published 09 Feb, 2019 12:00am

Thai King lambastes 'highly inappropriate' move to make princess PM

Thailand's powerful King Maha Vajiralongkorn late Friday described an unprecedented move to make his older sister Princess Ubolratana prime minister as "highly inappropriate" and against "royal traditions". Ubolratana, 67, the older sister of Vajiralongko

Published 09 Feb, 2019 12:00am

It's time to revisit and revise SEZ law

The Economic Coordination Committee (ECC) under the chairmanship of Finance Minister Asad Umar has decided to reduce the time for approval of special economic zones (SEZs) applications from 90 days to 45 days. Additionally, changes in the SEZ Act to make

Updated 11 Mar, 2019 07:51am

Detention of a minister

Since it is the first time ever in this country for a ruling party leader to face accountability while in office, the arrest of Punjab government's senior minister Aleem Khan has generated a lot of general interest. The main political players, however, ar

Updated 11 Mar, 2019 07:51am

Perception matters

Overseas Investors Chamber of Commerce and Industry (OICCI) has published the results of its latest 'Business Confidence Index (BCI) Survey - Wave 17', conducted in December 2018.

Published 09 Feb, 2019 12:00am

Currency

Taxes: who actually pays

Let's kill the suspense immediately. Essentially, as evidenced from IMF's intervention in every country they have historically "assisted", even they, the IMF, believe that higher taxes on higher income groups is harmful for growth and hence have supported

Published 09 Feb, 2019 12:00am

To guide or not to guide? Fed 'dots' complicate message

US central bankers say clear communication is important, with economic research showing that if the public understands what the Federal Reserve is doing, monetary policy works better and the economy does better.

Published 09 Feb, 2019 12:00am

Balochistan CM at Davos

It is indeed a matter of immense satisfaction from any Pakistani's perspective that Balochistan chief minister Jam Kamal was at Davos where he helped remove certain global misperceptions about his province. According to Business Recorder op-ed writ

Published 09 Feb, 2019 12:00am

Mechanism for Zaireens' visits to holy places on the cards

The Ministry of Religious Affairs is planning to develop a concrete mechanism for regulating the visits of Zaireen (Shia pilgrims) to the holy places on the pattern of Hajj pilgrims in order to resolve their problems on permanent basis.

Published 09 Feb, 2019 12:00am

Currency

BRT project: KP government agrees to form parliamentary panel

The provincial government of Khyber Pakhtunkhwa Friday agreed to form a parliamentary committee to look into the concerns of opposition regarding design, feasibility, contractor and cost of multi-billion Bus Rapid Transit (BRT) project.

Published 09 Feb, 2019 12:00am

Pakistan to present concrete evidence against Kulbhushan at ICJ: Qureshi

Foreign Minister Shah Mehmood Qureshi on Thursday said Pakistan will present a strong case against Indian spy Kulbhushan Jadhav at the International Court of Justice (ICJ) at a hearing scheduled for later this month.

Published 09 Feb, 2019 12:00am

Bilawal warns against ulterior motives towards SLIC

Chairman Pakistan Peoples Party Bilawal Bhutto Zardari Friday slammed conspiracies of Pakistan Tehreek-e-Insaf (PTI) government against the State Life Insurance Corporation and its employees in a bid to eventually convert it into a private asset of some r

Published 09 Feb, 2019 12:00am

All set to start urgent polio vaccination drive in Bannu

After surface of polio case in union council Mirakhel of Bannu district of Khyber Pakhtunkhwa, which is the second polio case in Pakistan this year, the preparations have been made to initiate urgent polio vaccination campaign in Bannu and its surrounding

Published 09 Feb, 2019 12:00am

Oil little changed, in line for weekly loss on slowdown fears

Oil futures were little changed on Friday, on track for losses on the week in renewed concerns about slowing global demand.

Published 09 Feb, 2019 12:00am

Pending ST refunds: PIAF chief urges FBR to release RPOs

Pakistan Industrial and Traders Associations Front (PIAF) Chairman Mian Nauman Kabir has urged the Federal Board of Revenue (FBR) to release Refund Payment Orders (RPOs) against pending sales tax refunds.

Published 09 Feb, 2019 12:00am

Shahbaz unacceptable as PAC chief, says Rashid

Setting an eight-day deadline for Shahbaz Sharif to resign as Chairman Public Accounts Committee, Federal Minister for Railways Sheikh Rashid Ahmed has said that he (Sharif) is unacceptable as Chairman PAC.

Published 09 Feb, 2019 12:00am

Gas supplies issues: Industrial, CNG bodies meet SSGC management

Contingents of Karachi based industrial bodies and CNG associations of Sindh under the leadership of Zubair Motiwala and Abdul Sami Khan respectively, Friday met the management of SSGC at its head office to discuss the current scenario of gas supplies.

Published 09 Feb, 2019 12:00am

Alvi dubs PMCA country's cultural face

President Dr Arif Alvi has said that Pakistan National Council of the Arts (PNCA) is the cultural face of Pakistan representing all the cultural activities within and outside Pakistan. The President said this during a briefing by PNCA regarding the activi

Published 09 Feb, 2019 12:00am

Shamshad Akhtar appointed chairperson Karandaaz Pakistan

Karandaaz Pakistan is pleased to announce the appointment of Dr Shamshad Akhtar as its new chairperson Board of Directors. Dr Shamshad Akhtar replaces Dr Ishrat Husain, who served as the Chairman of Karandaaz Board since the time of its inception in 2014.

Published 09 Feb, 2019 12:00am

PRCS, JSMU sign MoU

The inadequate health care infrastructure, lack of trained professionals and costly diagnostic services in Sindh area source of prevailing health crisis in Sindh. In order to address these, Pakistan Red Crescent Sindh and Jinnah Sindh Medical University h

Published 09 Feb, 2019 12:00am

Murad accuses Nawaz, Ahsan of causing losses to the tune of Rs 70 billion

Federal Communication Minister Murad Saeed on Friday alleged that former prime minister Nawaz Sharif and former minister for Planning and Development Ahsan Iqbal have caused a loss of Rs 60-70 billion to the national exchequer in Multan-Sukkur Motorway pr

Published 09 Feb, 2019 12:00am

Punjab cabinet rejects hike in water charges

The Punjab Cabinet, which met here on Friday, rejected the proposal of increasing water charges (abiana) and decided to constitute dispute resolution committees at the district level under Police Order to help solve disputes at the grassroots. However, th

Published 09 Feb, 2019 12:00am

Pakistan full of business opportunities, says Uber VP

Vice President and Uber Regional General Manager of Europe, Middle East and Africa Pierre-Dimitri Gore-Coty has said that they are growing rapidly and see Pakistan as a country full of opportunities where ride-sharing has just scratched the surface, as bo

Published 09 Feb, 2019 12:00am

US MIDDAY: gold gains

Gold rose on Friday as a gloomy global economic outlook dented risk appetite, but a firm dollar stemmed bullion's advance and kept the metal on track for its first weekly decline in three.

Published 09 Feb, 2019 12:00am

US MIDDAY: soya dips

US soyabean futures drifted lower on Friday and were on pace for a second straight weekly decline after the US Department of Agriculture (USDA) projected record large US soya stocks amid a still-unresolved trade dispute with top importer China.

Published 09 Feb, 2019 12:00am

Gold rises in Europe

Gold rose on Friday as a gloomy global economic outlook dented risk appetite, but a firm dollar stemmed bullion's advance and kept the metal on track for its first weekly decline in three.

Published 09 Feb, 2019 12:00am

Gold steadies in Asia

Gold held steady on Friday on worries that a prolonged Sino-US trade war could worsen global economic slowdown, but a strong dollar put bullion on track for its first weekly loss in three.

Published 09 Feb, 2019 12:00am

Gold climbs in New York

Gold prices rose on Thursday on concerns that the US-China trade war may stretch beyond a March 1 deal deadline and the potential effect it could have on global growth, although gains were capped by a strengthening US dollar.

Published 09 Feb, 2019 12:00am

Currency

Arabica coffee erases February gains; cocoa, sugar down

Arabica coffee futures on ICE fell on Friday, pressured by a weaker currency in top grower Brazil and improving weather conditions in the country, while cocoa and sugar also fell.

Published 09 Feb, 2019 12:00am

Vegetable Oil

Palm oil retreats from seven-month highs

Malaysian palm oil futures fell more than 1 percent on Friday, retreating from the previous session's seven-month high, hindered by a stronger ringgit and losses in US soyaoil on the Chicago Board of Trade.

Published 09 Feb, 2019 12:00am

Tokyo rubber slips

Benchmark Tokyo rubber futures slipped on Friday, dragged down by weaker oil prices and equities, while investors adjusted positions ahead of a three-day weekend in Japan and before Chinese markets reopened on Monday after a week-long holiday.

Published 09 Feb, 2019 12:00am

15 killed in New Year knife rampage and arson attack in China

Fifteen people were killed in China on the night of the Lunar New Year in two family tragedies, after one man started a fire and another went on a knife rampage.

Published 09 Feb, 2019 12:00am

Currency

Sterling heads for worst week of 2019 on Brexit impasse

Sterling was headed on Friday for its worst weekly decline since October, with a stalemate over Brexit weighing on the currency and leading the Bank of England to cut its UK growth forecast.

Published 09 Feb, 2019 12:00am

Ghosn ready to repay cost of Versailles wedding

Detained former Renault boss Carlos Ghosn is ready to repay a 50,000-euro ($57,000) bill for his wedding party at the Palace of Versailles which was waived under a sponsorship deal with the French car group, his lawyer said Friday.

Published 09 Feb, 2019 12:00am

British actor Albert Finney dies

Veteran British actor Albert Finney, who starred in films including "Murder on the Orient Express" and "Erin Brockovich", has died at the age of 82, a family spokesman said Friday.

Published 09 Feb, 2019 12:00am

Merkel opens spy agency's massive new Berlin HQ

Chancellor Angela Merkel on Friday inaugurated the new, fortress-like Berlin headquarters of Germany's scandal-plagued BND foreign intelligence service.

Published 09 Feb, 2019 12:00am

Two Palestinian teens killed by Israeli fire

Two Palestinian teenagers were killed by Israeli fire on Friday during clashes along the Gaza border, the health ministry in the Hamas-run enclave said.

Published 09 Feb, 2019 12:00am

CPJ calls on held Jammu and Kashmir police to drop charges against journalist

The Committee to Protect Journalists calls on held Jammu and Kashmir police to immediately cease all legal proceedings against journalist Aasif Sultan and release him from jail after local news outlets reported that formal charges were filed against him t

Published 09 Feb, 2019 12:00am

Currency	Rate
USD PKR Interbank Selling / Feb 14	279.27
USD PKR Interbank Buying / Feb 14	279.07
USD to Japanese Yen / Feb 14	152.31
USD to Swiss Franc / Feb 14	0.90
Pound Sterling to USD / Feb 14	1.26
Euro to USD / Feb 14	1.05
UK LIBOR % / Feb 14	4.96

Stock	Volume
S&P 500 / Feb 14	6,114.63
India Sensex / Feb 14	75,939.21
Tokyo Nikkei / Feb 14	39,149.43
Nasdaq / Feb 14	20,026.77
Hang Seng / Feb 14	22,620.33
FTSE 100 / Feb 14	8,732.46
Dow Jones / Feb 14	44,546.08
Germany DAX 30 / Feb 14	22,513.42
France CAC40 / Feb 14	8,178.54

Item	Value
Crude Oil USD/Barrel / Feb 14	70.74
Karachi Cotton PKR/37.32 KG / Feb 14	17,785
Gold 10 Grams PKR / Feb 14	262,517
Gold Spot USD/Ounce / Feb 14	2,882.53
Cotton US¢/pound / Feb 14	68.31
Petrol/Litre / Feb 16	256.13
Diesel/Litre / Feb 16	263.95

Stock	Price
At-Tahur Ltd. / Feb 14 At-Tahur Limited(PREMA)	35.26 ▲ 3.21 (10.02%)
Saritow Spinning / Feb 14 Saritow Spinning Mills Limited(SSML)	23.84 ▲ 2.17 (10.01%)
Leather Up Ltd. / Feb 14 Leather Up Limited(LEUL)	38.02 ▲ 3.46 (10.01%)
Lucky Cement / Feb 14 Lucky Cement Limited(LUCK)	1,366.37 ▲ 124.22 (10%)
Suhail Jute / Feb 14 Suhail Jute Mills Limited(SUHJ)	108.35 ▲ 9.85 (10%)
Agriautos Ind. / Feb 14 Agriauto Industries Limited(AGIL)	115.49 ▲ 10.5 (10%)
Mandviwala / Feb 14 Mandviwala Mauser Plastic Industries(MWMP)	20.48 ▲ 1.86 (9.99%)
Sindh Abadgar / Feb 14 Sindh Abadgar's Sugar Mills Limited(SASML)	50.08 ▲ 4.55 (9.99%)
Popular Islamic / Feb 14 Popular Islamic Modaraba(PIM)	12.37 ▲ 1.04 (9.18%)
F.Credit & Inv / Feb 14 First Credit and Investment Bank Limited(FCIBL)	8.39 ▲ 0.7 (9.1%)

Stock	Price
Dewan Textile / Feb 14 Dewan Textile Mills Limited(DWTM)	6.80 ▼ -0.99 (-12.71%)
TPL Trakker Ltd / Feb 14 TPL Trakker Limited(TPLT)	7.55 ▼ -0.93 (-10.97%)
I.C.C. Ind. / Feb 14 ICC Industries Limited(ICCI)	10.77 ▼ -1.2 (-10.03%)
Redco Textile / Feb 14 Redco Textiles Limited(REDCO)	22.60 ▼ -2.51 (-10%)
Engro Powergen / Feb 14 Engro Powergen Qadirpur Limited(EPQL)	25.78 ▼ -2.86 (-9.99%)
D.M. Textile / Feb 14 D.M. Textile Mills Limited(DMTX)	63 ▼ -6.99 (-9.99%)
Universal Ins. / Feb 14 The Universal Insurance Company Limited(UVIC)	12.91 ▼ -1.43 (-9.97%)
Sakrand Sugar / Feb 14 Sakrand Sugar Mills Limited(SKRS)	12.11 ▼ -1.34 (-9.96%)
Idrees Tex. / Feb 14 Idrees Textile Mills Limited(IDRT)	12.81 ▼ -1.41 (-9.92%)
Sui South Gas / Feb 14 Sui Southern Gas Company Limited(SSGC)	32.68 ▼ -3.56 (-9.82%)

Stock	Volume
B.O.Punjab / Feb 14 The Bank of Punjab(BOP)	79,317,612 ▼ -0.66
Lotte Chemical / Feb 14 Lotte Chemical Pakistan Limited(LOTCHEM)	72,104,503 ▼ -1.12
Power Cement / Feb 14 Power Cement Limited(POWER)	40,290,839 ▼ -0.18
Sui South Gas / Feb 14 Sui Southern Gas Company Limited(SSGC)	32,711,461 ▼ -3.56
Hascol Petrol / Feb 14 Hascol Petroleum Limited(HASCOL)	31,600,150 ▼ -0.41
Dewan Motors / Feb 14 Dewan Farooque Motors Limited(DFML)	31,281,602 ▼ -2.6
Cnergyico PK / Feb 14 Cnergyico PK Limited(CNERGY)	20,508,125 ▼ -0.25
Fauji Foods Ltd / Feb 14 Fauji Foods Limited(FFL)	20,173,357 ▼ -0.24
Fauji Cement / Feb 14 Fauji Cement Company Limited(FCCL)	16,904,777 ▼ -1.09
WorldCall Telecom / Feb 14 Worldcall Telecom Limited(WTL)	16,467,161 ▼ -0.04

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