News Archives for Print - 2019-02-17

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Print - 2019-02-17

The Weather

The weather report on Saturday (February 16, 2019) and the forecast for Sunday (February 17, 2019).

Published 17 Feb, 2019 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (February 16, 2019).

Published 17 Feb, 2019 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (February 16, 2019).

Published 17 Feb, 2019 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (February 16, 2019).

Published 17 Feb, 2019 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (February 16, 2019).

Published 17 Feb, 2019 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (February 16, 2019).

Published 17 Feb, 2019 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (February 16, 2019).

Published 17 Feb, 2019 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (February 16, 2019)

Published 17 Feb, 2019 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Saturday (February 16, 2019).

Published 17 Feb, 2019 12:00am

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (February 16, 2019).

Published 17 Feb, 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 (February 16, 2019).

Published 17 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 Saturday (February 16, 2019).

Published 17 Feb, 2019 12:00am

Currency

THE RUPEE: firm trend

The rupee held the present levels against the dollar on the money market on Saturday in the process of trading activity, dealers said.

Published 17 Feb, 2019 12:00am

Currency

THE RUPEE: firm trend

The rupee held the present levels against the dollar on the money market on Saturday in the process of trading activity, dealers said.

Published 17 Feb, 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 (February 16, 2019).

Published 17 Feb, 2019 12:00am

Aaj TV - Sunday's schedule

All timings are in PST (Pakistan Standard Time).

Published 17 Feb, 2019 12:00am

Farbrace leaves England set-up for Warwickshire role

England coach Trevor Bayliss will lose a key member of his staff ahead of the team's home World Cup and Ashes after it was announced Saturday that assistant coach Paul Farbrace will leave to join Warwickshire. Farbrace, credited with helping kickstart Eng

Published 17 Feb, 2019 12:00am

Kerb

Mertens beat Halep for Qatar Open title

Belgium's Elise Mertens claimed the biggest win of her career on Saturday, surprisingly coming from a set down to beat world number three Simona Halep and clinch the Qatar Open. The world number 21 won 3-6, 6-4, 6-3, despite being outclassed in the first

Published 17 Feb, 2019 12:00am

Brighton edge into FA Cup quarter-finals

Brighton moved into the FA Cup quarter-finals for the second successive season as goals from Anthony Knockaert and Jurgen Locadia clinched a 2-1 win over Derby on Saturday. Chris Hughton's side have been sucked into relegation danger in the Premier League

Published 17 Feb, 2019 12:00am

Griezmann lifts Atletico past strugglers Rayo

Antoine Griezmann scored a second-half winner as Atletico Madrid defeated neighbours Rayo Vallecano 1-0 in La Liga on Saturday to provide a timely boost ahead of next week's Champions League showdown with Juventus.

Published 17 Feb, 2019 12:00am

Shiffrin wins record fourth straight world slalom title

US ski star Mikaela Shiffrin overcame a "small lung infection" to write herself into the alpine history books Saturday when she produced a devastating second run to win her fourth straight world slalom title. The 23-year-old Shiffrin, who complained of "l

Published 17 Feb, 2019 12:00am

Perera takes Sri Lanka to sensational win in South Africa

Kusal Perera carried Sri Lanka to a sensational one-wicket win on the fourth day of the first Test against South Africa at Kingsmead on Saturday as he hit a career-best 153 not out. Perera and Vishwa Fernando put on an unbeaten 78 in a last-wicket partner

Published 17 Feb, 2019 12:00am

Currency

Cocoa prices seen edging up

World cocoa prices are forecast to rise slightly this year despite a small global surplus, a Reuters survey of seven analysts and traders showed on Friday. ICE New York cocoa prices were expected to end the year at $2,450 a tonne, up eight percent from Th

Published 17 Feb, 2019 12:00am

Cotton

Cotton little changed, posts worst week in nearly two months

ICE cotton futures were little changed on Friday ahead of a three-day long US holiday weekend, as traders kept a close watch on the progress in US-China trade talks. The most active cotton contract on ICE Futures US, the March contract, settled up 0.09 ce

Published 17 Feb, 2019 12:00am

Leading Russian state bank tightens grip on Black Sea grain export hub

Russia's second-biggest bank VTB is buying one of the biggest grain terminals at the Black Sea port of Novorossiisk, in a surprise move that gives the state lender more control over the country's main deep-sea grain export hub. VTB, which already owns a s

Published 17 Feb, 2019 12:00am

Palladium to fall behind gold but leave platinum in the dust

Palladium prices are tipped for their highest year ever, forecast to average $1,200 an ounce in 2019 before falling back slightly in 2020, a Reuters poll showed. A gaping supply shortfall has sent prices of the autocatalyst metal rocketing. For the first

Published 17 Feb, 2019 12:00am

China soyabean traders dismiss market jitters over US cancellations

Soyabean traders in China on Friday shrugged off recent cancellations of import orders as "old business", even as the global market worried it could be a sign of Beijing backtracking on its pledge to buy more American beans. China, the world's top soyabea

Published 17 Feb, 2019 12:00am

Cotton

Selective buying on cotton market

Selective buying was seen on the cotton market on Saturday as buyers became cautioned about quality and rates, dealers said. The official spot rate was unchanged at Rs 8,600, they added. In the ready session, approximately 2000 bales of cotton changed han

Published 17 Feb, 2019 12:00am

Algeria buys 600,000 tonnes of wheat

Algeria's state grains agency OAIC purchased 600,000 tonnes of milling wheat at around $247-$247.50 a tonne, cost and freight included, in a tender that closed on Thursday, European traders said. The prices paid were seen as aggressive and represented a s

Published 17 Feb, 2019 12:00am

Brazil's mills likely to delay cane harvest due to weather

Mills in Brazil's center-south are likely to start harvesting the new sugar cane crop later than usual to allow cane fields to take advantage of late rains while holding excess ethanol stocks after over-producing last year, analysts and millers said.

Published 17 Feb, 2019 12:00am

Canadian canola futures fall

ICE Canadian canola futures lost ground on Thursday, pressured by ample supplies and weakness in rival oilseeds. Buying was subdued and speculation that canola supplies might be larger than previously expected leading into mid-summer weighed on canola, a

Published 17 Feb, 2019 12:00am

Asia's naphtha crack at four-session low

Asia's naphtha crack was at a four-session low of $36.58 a tonne on Thursday, battered by weak gasoline fundamentals and rising oil prices. But demand for the fuel from the petrochemical sector was firm, with several buyers spanning from those in Singapor

Published 17 Feb, 2019 12:00am

China's iron ore imports rise on pre-holiday restocking

China's iron ore imports climbed 5.3 percent in January from December, customs data showed, supported by strong restocking demand at steel mills ahead of the week-long Lunar New Year holiday this month. Shipments of the steelmaking raw material last month

Published 17 Feb, 2019 12:00am

Currency

After strong 2019 start for US stocks, trade verdict looms

Optimism about a US-China trade agreement has helped drive US stocks to more than two-month highs, creating a make-or-break moment for Wall Street as a year-long clash between the world's two largest economies comes to a head.

Published 17 Feb, 2019 12:00am

Italian bond yields jump

Italian government bond yields jumped on Friday after League party lawmaker Claudio Borghi said the country could leave the European Union if there were no changes in the bloc after parliament elections in May. Borghi said the election would be the last c

Published 17 Feb, 2019 12:00am

Italian bond yields jump

Published 17 Feb, 2019 12:00am

Foreigners were net sellers of Japanese stocks

Foreigners were net sellers of Japanese stocks in the week ended on Feb 8, for the second consecutive week, as fuelled by renewed worries about the US-China trade dispute and dismal earnings from Japanese companies. Overseas investors sold a net 63.9 bill

Published 17 Feb, 2019 12:00am

Big hedge funds dumped China stocks, Apple as market tumbled

Prominent hedge fund managers sold out of Chinese technology stocks and dumped Silicon Valley giants like Apple Inc and Facebook Inc while global stock markets cratered during the fourth quarter, according to securities filings released on Thursday.

Published 17 Feb, 2019 12:00am

Big hedge funds dumped China stocks, Apple as market tumbled

Published 17 Feb, 2019 12:00am

Wall Street rallies on trade optimism

Wall Street rallied on Friday, with the Dow and the Nasdaq posting their eighth consecutive weekly gains as investors grew hopeful that the United States and China would hammer out an agreement resolving their protracted trade war. All three major US inde

Published 17 Feb, 2019 12:00am

Libor

Dollar LIBOR falls for six straight weeks

A key gauge of inter-bank borrowing costs has declined for six consecutive weeks, the longest such streak since 2013, prompted by expectations the US Federal Reserve will refrain from raising interest rates in 2019. Signs of softening domestic growth, tog

Published 17 Feb, 2019 12:00am

Currency

Speculators trim long dollar bets

Speculators reduced their bullish bets on the US dollar in the week ended Jan. 22 to the smallest position since September, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday. The value of the dollar's ne

Published 17 Feb, 2019 12:00am

Currency

African currencies week ahead: Nigeria's naira seen broadly stable if polls pass peacefully

Nigeria's naira is seen trading stable if upcoming elections pass off peacefully, while hard currency inflows from offshore investors are seen supporting Kenyan and Ugandan shillings.

Published 17 Feb, 2019 12:00am

Currency

Canadian dollar rises

The Canadian dollar rallied against the greenback on Friday as domestic data eased fears about a weak housing market and after a bet by Warren Buffett on one of Canada's major energy companies that could boost sentiment in the country's oil patch. Warren

Published 17 Feb, 2019 12:00am

Currency

Bulls advance on most Asian currencies as trade talks brew optimism

Bullish positions on most Asian currencies strengthened over the past few weeks, a Reuters poll showed, reflecting newfound optimism that the United States and China would settle their long-drawn trade spat. Long bets on the Chinese yuan, Singapore dollar

Published 17 Feb, 2019 12:00am

Currency

Dovish Fed talk sends dollar lower, euro recovers

The US dollar dropped on Friday after San Francisco Federal Reserve Bank President Mary Daly suggested the central bank may hold off on raising interest rates in 2019, bolstering risk appetite in the currency market. The Fed probably will not need to rais

Published 17 Feb, 2019 12:00am

Duterte signs law boosting central bank's powers

Philippines President Rodrigo Duterte has signed a law that boosts the central bank's ability to rein in inflation and increases its capital at a time of volatility in financial markets, the bank said. The new law restores the central bank's authority to

Published 17 Feb, 2019 12:00am

Mexico to inject $3.9 billion in Pemex

Mexico will inject $3.9 billion into ailing state oil company Pemex, officials said on Friday, promising to strengthen its finances and prevent a further credit downgrade, although investors saw the plan as only a short-term fix.

Published 17 Feb, 2019 12:00am

Thousands mark three months of France's 'yellow vest' protests

Thousands of "yellow vest" protesters marched across France Saturday, three months since the movement began and in a week that has seen growing international concern at police treatment of the protesters.

Published 17 Feb, 2019 12:00am

Turkish central bank lowers lira required reserves

Turkey's central bank on Saturday lowered the level of lira reserves that banks must hold against deposits, while also raising the limit of gold that lenders can hold. In an issue of the Official Gazette, the central bank said the reserves ratios were by

Published 17 Feb, 2019 12:00am

India's newly launched fast train hits cattle hurdle

India's first semi-high speed train broke down Saturday after colliding with a cow on the tracks, a day after Prime Minister Narendra Modi inaugurated the new passenger service. The Vande Bharat Express, touted as India's fastest train and built under the

Published 17 Feb, 2019 12:00am

Lagarde urges deeper structural reforms in Ukraine

International Monetary Fund Managing Director Christine Lagarde on Saturday urged Ukraine to forge ahead with deeper structural reforms needed to achieve stronger economic growth. Lagarde made the comments in a statement issued after meeting with former U

Published 17 Feb, 2019 12:00am

China-US trade talks 'making a final sprint'

Chinese state media on Saturday expressed cautious optimism over trade talks between the United States and China, a day after President Xi Jinping said a week of discussions had produced "step-by-step" progress. Xi made the comments at a meeting on Friday

Published 17 Feb, 2019 12:00am

Airbus CEO tells Germany to reform arms policy for good of Europe

Airbus Chief Executive Tom Enders urged Germany to press ahead with plans to create common European regulations on arms exports, saying the issue posed a litmus test for Berlin's ambitions to foster a European defence policy.

Published 17 Feb, 2019 12:00am

14 Tunisian workers kidnapped in Libya

Militiamen have kidnapped a group of Tunisian workers near the Libyan capital and are demanding the release of a comrade held in Tunisia, a rights activist said Saturday. A diplomatic source and Libya's Tripoli-based Government of National Accord said 14

Published 17 Feb, 2019 12:00am

Police and protesters clash outside Albanian parliament

Thousands of opposition supporters clashed with police outside the Albanian parliament on Saturday during an anti-government protest demanding the resignation of Prime Minister Edi Rama. The socialist prime minister, in power since 2013, has been accused

Published 17 Feb, 2019 12:00am

UK and Russia hold first talks in over a year

Junior foreign ministers from Britain and Russia met in Germany on Saturday in the highest-level contact between the two countries since an alleged nerve agent attack in Britain last March froze diplomatic relations. Britain's Minister for Europe Alan Dun

Published 17 Feb, 2019 12:00am

Five killed as gunman opens fire at Illinois warehouse

A gunman opened fire in a warehouse in Aurora, Illinois, on Friday, killing five people and wounding five police officers before he was slain, law enforcement officials said. Aurora Police Chief Kristen Ziman said the shooter, identified as 45-year-old Ga

Published 17 Feb, 2019 12:00am

Swiss actor Bruno Ganz dies

Bruno Ganz, the Swiss actor who gave masterful performances as Adolf Hitler in "Downfall" and an angel seeking mortality in divided Berlin, died Saturday aged 77, his agent said. Ganz, who was suffering from cancer, died "in the early hours of the morning

Published 17 Feb, 2019 12:00am

Erdogan offers seminary exchange for Greek mosque minarets

Turkish President Recep Tayyip Erdogan on Saturday suggested the mosque in Athens should open with minarets if the Greek premier wants to reopen a seminary in Istanbul. Greek Prime Minister Alexis Tsipras was in Turkey this month and visited the disputed

Published 17 Feb, 2019 12:00am

Currency

Islamic State's 'caliphate' on brink of defeat in Syria

US-backed fighters in Syria are poised to capture Islamic State's last, tiny enclave on the Euphrates, the battle commander said on Saturday, bringing its self-declared caliphate to the brink of total defeat. Jiya Furat said the Syrian Democratic Forces (

Published 17 Feb, 2019 12:00am

PBIF chief for further reduction in visit visa fee

President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain has said that reduction in visit visa fee for Pakistani from SAR 2000 to SAR 338 for single entry and SAR 675 for multiple entries is appreciative and should be reduced furt

Published 17 Feb, 2019 12:00am

Sindh to have new education policy in July: minister

The Sindh Education Minister Syed Sardar Shah had said that there was still a margin of improvement in education department as in the past priorities were not set for education. He said that for the improvement of education system a road map had been prep

Published 17 Feb, 2019 12:00am

Met records 15 percent above normal winter rainfall

The Met Office has recorded 15 percent above the normal rainfall in the country, excluding Balochistan, this winter. The rainfall that was recorded between Jan 1, 2019 and Feb 15, 2019 remained about 15 percent more than the normal in the country, excludi

Published 17 Feb, 2019 12:00am

Obortunity, NDU join hands for International CPEC workshop

Obortunity and National Defence University (NDU) join hands to present the first International CPEC Workshop (ICPECW), spanning Beijing, Islamabad and Gwadar.

Published 17 Feb, 2019 12:00am

SHC seeks JIT's reports of Uzair and Morai on February 23

Sindh High Court (SHC) on Saturday directed the provincial government to furnish joint investigation teams (JITs) reports regarding Lyari gangster Uzair Baloch and Baldia Town factory fire tragedy on February 23, 2019.

Published 17 Feb, 2019 12:00am

KU announces MA Economics results

KU Controller Examinations has notified the results of MA Economics Previous External Annual Examinations 2017. According to results 1448 candidates appeared in which 267 were declared successful while 1181 failed the exam. Pass percentage remained 18.44.

Published 17 Feb, 2019 12:00am

NA session rescheduled

The President has rescheduled the National Assembly session due to two-day (February 17-18) visit of Saudi Crown Prince Mohammed Bin Salman and now the session would be held on Wednesday (Feb 20) instead of Monday (Feb 18). The National Assembly session w

Published 17 Feb, 2019 12:00am

Sindh industries: Umar assures weavers of cut in RLNG tariff

Finance Minister Asad Umar has assured Pakistan Weaving Mills Association (PWMA) of low-cost Regasified Liquid Natural Gas (RLNG) for Sindh industries. According to Yousuf Yaqoob, chairman, PWMA this assurance was given by the minister during a meeting wi

Published 17 Feb, 2019 12:00am

Rocket fired from Afghanistan

A rocket fired from Afghanistan side by unknown militants landed near security forces camp on Saturday evening however no causality was occurred. The security forces official while confirming the incident said that undisclosed armed person, fired rocket f

Published 17 Feb, 2019 12:00am

NAB chief for presenting Dr Samad on February 18

National Accountability Bureau (NAB) Chief former Justice Javed Iqbal on Saturday has taken notice of provincial Directorate of Archaeology and Museums (DOAM) Dr Abdul Samad and directed to present him at headquarters on February 18. In a press release, t

Published 17 Feb, 2019 12:00am

Currency

Prices of essential kitchen witness upward trend

Prices of essential kitchen items witnessed an increase during this week past as compared to preceding week, a survey conducted by Business Recorder revealed here on Saturday. The survey noted a significant increase in prices of books and stationar

Published 17 Feb, 2019 12:00am

Violence is not the policy of government: FM

Foreign Minister Shah Mahmood Qureshi has said "violence is not the policy of the government" while referring to an attack on Indian security forces in occupied Kashmir, in which 44 Indian paramilitary soldiers were killed. "Violence is not a strategy nor

Published 17 Feb, 2019 12:00am

SC to remain open on Monday

Supreme Court of Pakistan will remain open on Monday and will hear cases as per cause list. According to a press release, Ministry of Interior will facilitate lawyers, litigants and staff of the Supreme Court at entry points to reach the apex court easily

Published 17 Feb, 2019 12:00am

Pakistan HC presents credentials to Canadian governor general

Pakistan's new High Commissioner to Canada, Raza Bashir Tarar, presented his credentials to Governor General of Canada, Julie Payette at a ceremony held at Quebec, Canada.

Published 17 Feb, 2019 12:00am

Government bent upon lashing journalists, says adviser

Adviser to Sindh Chief Minister on Information & Archives, Law, and Anti-Corruption Barrister Murtaza Wahab while censuring the flagellation of journalists during the visit Federal Minister for Railways Shaikh Rashid Ahmed in Hyderabad on Saturday said th

Published 17 Feb, 2019 12:00am

Patients continue to suffer on account of doctors' lingering strike

Doctors' strike across Sindh entered its fourth day on Saturday while thousands of patients suffer intense difficulties due to the shutdown of Outpatient Departments (OPDs) in government-run hospitals. Reportedly, the physicians have been demonstrating ag

Published 17 Feb, 2019 12:00am

Indus Hospital observes International Childhood Cancer Day

"In Pakistan, annually, approximately 8,000 children - under the age of 18 years - are diagnosed with cancer. At present, we have only 13 centres for paediatric cancer care", alarmed Dr Shamvil Ashraf, Executive Director, Medical Services; and Senior Cons

Published 17 Feb, 2019 12:00am

Robberies, carjacking cases on the rise in capital

The federal capital witnessed an increase in the incidents of robbery, dacoity, snatching at gunpoint and motor vehicle theft during the last week. According to data gathered by Business Recorder here on Saturday, several cases of theft including r

Published 17 Feb, 2019 12:00am

Pakpattan land allotment case: Nawaz terms JIT report 'one-sided'

Former Prime Minister Nawaz Sharif on Saturday submitted his response to the Supreme Court in Pakpattan illegal land allotment case. Sharif submitted the response in the capacity of the chief minister Punjab, a position which he held from April 1985 to Au

Published 17 Feb, 2019 12:00am

Minister sees four percent rise in revenue generation

Minister of State for Revenue Hammad Azhar has said that there would be four percent increase in revenue generation during the current fiscal. He was talking to media after inaugurated different projects of Lahore Electric Supply Company (LESCO) on Saturd

Published 17 Feb, 2019 12:00am

Progressive Panel wins KUJ election

Renowned senior journalists Ashraf Khan and Ahmed Khan Malik of the Progressive Panel were elected president and general secretary, respectively, in the annual election of Karachi Union of Journalists held at Karachi Press Club, here on Saturday. As many

Published 17 Feb, 2019 12:00am

Sahiwal incident: senior civil judge appointed for judicial inquiry

Shakeel Goraya was appointed as a senior civil judge on Saturday for judicial inquiry of Sahiwal police encounter incident. The senior civil judge conducting judicial inquiry into Sahiwal incident has summoned both the parties on February 18.

Published 17 Feb, 2019 12:00am

Saudi Arabia reduces visa fees for Pakistanis: embassy

While showing another good gesture towards Pakistan, Saudi Arabia has significantly lowered visa charges for the nationals. According to a press release issued by Saudi Royal Embassy, the fee of single entry visit visa has been cut down from SAR2,000 to S

Published 17 Feb, 2019 12:00am

Saudi investment a good omen for country's economy, says Buzdar

Welcoming Saudi Prince Mohammed Bin Salman and his entourage to Pakistan, the Punjab Chief Minister Sardar Usman Buzdar Saturday said that investment and trade agreement between Pakistan and Saudi Arabia will help strengthen the national economy apart fro

Published 17 Feb, 2019 12:00am

Government withholds Lahore's uplift funds worth Rs 11 billion

The Punjab government has withheld over Rs11 billion funds against 512 small and big development projects in the city, said sources. Besides the ongoing projects, a total of 100 are new projects, they added. The suspended projects included availability of

Published 17 Feb, 2019 12:00am

Shahbaz slams Modi for accusing Pakistan

Slamming Indian Prime Minister Narendra Modi for making groundless accusations against Pakistan after the suicide attack in Pulwama district in occupied Kashmir, Shahbaz Sharif said that resolution of Kashmir dispute is "critical" for ensuring peace betwe

Published 17 Feb, 2019 12:00am

Expats urged to help strengthen economy through FDI

Expatriates Pakistani are contributing their major role in strengthening national economy through foreign remittances. However, now time has come that they should make FDI (Foreign Direct Investment) in the country. Addressing an awareness seminar organiz

Published 17 Feb, 2019 12:00am

Era of oppression will soon be over, says Maryam

Pakistan Muslim League-Nawaz (PML-N) leader Maryam Nawaz said on Saturday that the night of oppression will soon be over. Informally talking to the media at Jinnah Hospital where her father Nawaz Sharif is admitted, Maryam Nawaz responded to a query of th

Published 17 Feb, 2019 12:00am

Paragon city case: Khwajas' judicial remand extended till March 4

An accountability court here Saturday extended judicial remand of former railways minister Khwaja Saad Rafiq and his brother Khwaja Salman till March 4 and directed the National Accountability Bureau (NAB) to ensure early filing of the reference in the Pa

Published 17 Feb, 2019 12:00am

LCCI terms EODB an important factor for economy's growth

The Lahore Chamber of Commerce & Industry (LCCI) President Almas Hyder has said that ease of doing business (EODB) is more important factor for businesses growth and a sustainable economy. "It is a good omen that present regime is well aware of the EODB's

Published 17 Feb, 2019 12:00am

Chinese trade delegation visits FPCCI

A high-powered Chinese delegation led by Gao Yunlong, President of All-China Chamber of Industry and Commerce (ACCIC) & Chairman Council of the China Federation for Peace & Development (CFPD) visited FPCCI office in Islamabad and met President FPCCI Engr.

Published 17 Feb, 2019 12:00am

Arrangements to hunt houbara bustard for Saudi team finalised

The Khan administration has made arrangements for the high level visiting Saudi delegation led by Crown Prince Mohammad bin Salman to hunt the internationally protected bird, houbara bustard. Security sources told Business Recorder that arrangement

Published 17 Feb, 2019 12:00am

Parts of Balochistan, South Waziristan still deprived of mobile broadband services

The Universal Service Fund (USF) has spent around Rs56.013 billion to extend cellular, broadband internet, fibre optics and other telecommunication services to un-served or underserved areas but some areas in Balochistan as well as South Waziristan and Ku

Published 17 Feb, 2019 12:00am

ECP vows to hold LG polls in Balochistan on schedule

The Election Commission of Pakistan (ECP) has officially conveyed to the government of Balochistan that it would hold local bodies' elections in the province on time and the provincial assembly cannot pass any amendment in the local government act now.

Published 17 Feb, 2019 12:00am

Investment in green growth to install trillion's economy: KP CM

Chief Minister Khyber Pakhtunkhwa Mahmood Khan has said that provincial government would invest few billion rupees in green growth initiatives to install trillion rupees economy in the province.

Published 17 Feb, 2019 12:00am

Ministry's body to suggest guidelines on cigarette ads

Despite presence of existing rules/regulations for cigarette advertising, Ministry of National Health Services has now formed a sub-committee ffor suggesting new guidelines The meeting of Committee on Tobacco Advertisement Guidelines, held recently in the

Published 17 Feb, 2019 12:00am

Ministry's body to suggest guidelines on cigarette ads

Published 17 Feb, 2019 12:00am

Saudi crown prince arrives today

The entire country is all set to host Saudi Crown Prince Mohammad bin Salman today. The federal cabinet is said to have decided to receive the Saudi dignitary at the Nur Khan airport where he will be accorded a 21-gun salute. That the Saudi leader's such

Published 17 Feb, 2019 12:00am

Trump's border wall 'emergency' faces tough legal hurdles

President Donald Trump's declaration of an emergency Friday to build a border wall immediately drew legal challenges that could easily escalate into a landmark test of the balance of power between the White House and Congress.

Published 17 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

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