News Archives for Print - 2019-03-02

Eurozone's triple-A bond drought persists after ECB steps away

High-grade eurozone debt remains scarce even though the European Central Bank has stopped its huge purchases of new bonds, intensifying concerns that banks will face future collateral shortages and highlighting the need for safe assets.

Published 02 Mar, 2019 12:00am

Currency

THE RUPEE: all-round gains

The rupee managed to gain against the dollar on the local currency market on Friday in process of trading activity, dealers said.

Published 02 Mar, 2019 12:00am

Commercial airspace to be fully re-opened by Monday

Four Pakistani airports will begin partial operations on Friday with a full resumption of commercial flights on Monday, following their suspension after military tensions with India erupted earlier this week, the Civil Aviation Authority said. A spokeswom

Published 02 Mar, 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 (March 01, 2019).

Published 02 Mar, 2019 12:00am

Commercial airspace to be fully re-opened by Monday

Four Pakistani airports will begin partial operations on Friday with a full resumption of commercial flights on Monday, following their suspension after military tensions with India erupted earlier this week, the Civil Aviation Authority said. A spokeswom

Published 02 Mar, 2019 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Friday (March 01, 2019).

Published 02 Mar, 2019 12:00am

Commercial airspace to be fully re-opened by Monday

Four Pakistani airports will begin partial operations on Friday with a full resumption of commercial flights on Monday, following their suspension after military tensions with India erupted earlier this week, the Civil Aviation Authority said. A spokeswom

Published 02 Mar, 2019 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (March 01, 2019).

Published 02 Mar, 2019 12:00am

Pakistan to surely respond to any aggression: CoAS

Pakistan Army Friday reiterated that Pakistan would respond in self-defence to any act of unprovoked aggression by Indian military. According to the Inter-Services Public Relations (ISPR), Chief of Army Staff (CoAS) General Qamar Javed Bajwa said this in

Published 02 Mar, 2019 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (March 01, 2019).

Published 02 Mar, 2019 12:00am

Pakistan to surely respond to any aggression: CoAS

Pakistan Army Friday reiterated that Pakistan would respond in self-defence to any act of unprovoked aggression by Indian military. According to the Inter-Services Public Relations (ISPR), Chief of Army Staff (CoAS) General Qamar Javed Bajwa said this in

Published 02 Mar, 2019 12:00am

Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Friday (March 01, 2019).

Published 02 Mar, 2019 12:00am

Parliament condemns Indian aggression

The Parliament on Friday strongly condemned the blatant Indian aggression and urged the international community including the UN Security Council to condemn in clear terms the Indian government's highly irresponsible action, escalating tensions to a new l

Published 02 Mar, 2019 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Friday (March 01, 2019).

Published 02 Mar, 2019 12:00am

Parliament condemns Indian aggression

The Parliament on Friday strongly condemned the blatant Indian aggression and urged the international community including the UN Security Council to condemn in clear terms the Indian government's highly irresponsible action, escalating tensions to a new l

Published 02 Mar, 2019 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (March 01, 2019)

Published 02 Mar, 2019 12:00am

Pakistan returns Indian pilot

In a major diplomatic achievement and an effort to de-escalate the ongoing tensions between the two nuclear-armed neighbouring countries, Pakistan on Friday handed over captured Indian Air Force (IAF) Wing Commander Abhinandan Varthaman to Indian authorit

Published 02 Mar, 2019 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (March 01, 2019).

Published 02 Mar, 2019 12:00am

Pakistan returns Indian pilot

In a major diplomatic achievement and an effort to de-escalate the ongoing tensions between the two nuclear-armed neighbouring countries, Pakistan on Friday handed over captured Indian Air Force (IAF) Wing Commander Abhinandan Varthaman to Indian authorit

Published 02 Mar, 2019 12:00am

LME official prices

The following were Thursday official prices.

Published 02 Mar, 2019 12:00am

More fuel for China stocks as MSCI ups weighting

Global stock index compiler MSCI will increase the weighting of Chinese-listed firms in a key benchmark and nearly double the number of those included, a move expected to boost acceptance of China's often volatile equities markets and attract billions in

Published 02 Mar, 2019 12:00am

LME official prices

The following were Thursday official prices.

Published 02 Mar, 2019 12:00am

More fuel for China stocks as MSCI ups weighting

Global stock index compiler MSCI will increase the weighting of Chinese-listed firms in a key benchmark and nearly double the number of those included, a move expected to boost acceptance of China's often volatile equities markets and attract billions in

Published 02 Mar, 2019 12:00am

The Weather

The weather report on Friday (March 01, 2019) and the forecast for Saturday (March 02, 2019).

Published 02 Mar, 2019 12:00am

More fuel for China stocks as MSCI ups weighting

Global stock index compiler MSCI will increase the weighting of Chinese-listed firms in a key benchmark and nearly double the number of those included, a move expected to boost acceptance of China''s often volatile equities markets and attract billions in

Published 02 Mar, 2019 12:00am

BRIndex100 stays bullish

A bullish trend continued on Pakistan Stock Exchange due to healthy buying in various sectors. BRIndex100 gained 54.7 points or 1.32 percent to close at 4,186.85 points Friday. BRIndex100 touched intraday high of 4,209.41 and intraday low of 4,132.30 poin

Published 02 Mar, 2019 12:00am

BRIndex100 stays bullish

A bullish trend continued on Pakistan Stock Exchange due to healthy buying in various sectors. BRIndex100 gained 54.7 points or 1.32 percent to close at 4,186.85 points Friday. BRIndex100 touched intraday high of 4,209.41 and intraday low of 4,132.30 poin

Published 02 Mar, 2019 12:00am

BRIndex100 stays bullish

A bullish trend continued on Pakistan Stock Exchange due to healthy buying in various sectors. BRIndex100 gained 54.7 points or 1.32 percent to close at 4,186.85 points Friday. BRIndex100 touched intraday high of 4,209.41 and intraday low of 4,132.30 poin

Published 02 Mar, 2019 12:00am

SECP chairman explains how capital market development can be achieved

The privatisation of state-owned entities (SOEs) through capital market as well as financing of infrastructure projects, including post-China Pakistan Economic Corridor (CPEC), and development of debt market are important for development of capital market

Published 02 Mar, 2019 12:00am

SECP chairman explains how capital market development can be achieved

The privatisation of state-owned entities (SOEs) through capital market as well as financing of infrastructure projects, including post-China Pakistan Economic Corridor (CPEC), and development of debt market are important for development of capital market

Published 02 Mar, 2019 12:00am

SECP chairman explains how capital market development can be achieved

The privatisation of state-owned entities (SOEs) through capital market as well as financing of infrastructure projects, including post-China Pakistan Economic Corridor (CPEC), and development of debt market are important for development of capital market

Published 02 Mar, 2019 12:00am

FBR compiling lists of media personalities, real estate tycoons

The Federal Board of Revenue (FBR) is compiling lists of media personalities and real estate tycoons in cases where declared income does not match with their lifestyles. Sources told Business Recorder here on Friday that the FBR has issued instruct

Published 02 Mar, 2019 12:00am

FBR compiling lists of media personalities, real estate tycoons

The Federal Board of Revenue (FBR) is compiling lists of media personalities and real estate tycoons in cases where declared income does not match with their lifestyles. Sources told Business Recorder here on Friday that the FBR has issued instruct

Published 02 Mar, 2019 12:00am

FBR compiling lists of media personalities, real estate tycoons

The Federal Board of Revenue (FBR) is compiling lists of media personalities and real estate tycoons in cases where declared income does not match with their lifestyles. Sources told Business Recorder here on Friday that the FBR has issued instruct

Published 02 Mar, 2019 12:00am

First-ever Rs 200 billion Energy Sukuk issued

In order to address the longstanding circular debt issue, the federal government on Friday issued the first-ever Pakistan Energy Sukuk-I (PSE-I) worth Rs 200 billion. The issuance of Shariah bond will provide the much needed liquidity to the power sector

Published 02 Mar, 2019 12:00am

First-ever Rs 200 billion Energy Sukuk issued

In order to address the longstanding circular debt issue, the federal government on Friday issued the first-ever Pakistan Energy Sukuk-I (PSE-I) worth Rs 200 billion. The issuance of Shariah bond will provide the much needed liquidity to the power sector

Published 02 Mar, 2019 12:00am

First-ever Rs 200 billion Energy Sukuk issued

In order to address the longstanding circular debt issue, the federal government on Friday issued the first-ever Pakistan Energy Sukuk-I (PSE-I) worth Rs 200 billion. The issuance of Shariah bond will provide the much needed liquidity to the power sector

Published 02 Mar, 2019 12:00am

First-ever Rs 200 billion Energy Sukuk issued

In order to address the longstanding circular debt issue, the federal government on Friday issued the first-ever Pakistan Energy Sukuk-I (PSE-I) worth Rs 200 billion. The issuance of Shariah bond will provide the much needed liquidity to the power sector

Published 02 Mar, 2019 12:00am

CPI, WPI and SPI witness uptrend

The consumer price index (CPI) was recorded at 8.21 percent in February 2019 over February 2018, said Pakistan Bureau of Statistics (PBS). According to PBS CPI data released Friday, the CPI in February 2019 increased by 0.64 percent over January 2019, Who

Published 02 Mar, 2019 12:00am

CPI, WPI and SPI witness uptrend

The consumer price index (CPI) was recorded at 8.21 percent in February 2019 over February 2018, said Pakistan Bureau of Statistics (PBS). According to PBS CPI data released Friday, the CPI in February 2019 increased by 0.64 percent over January 2019, Who

Published 02 Mar, 2019 12:00am

CPI, WPI and SPI witness uptrend

The consumer price index (CPI) was recorded at 8.21 percent in February 2019 over February 2018, said Pakistan Bureau of Statistics (PBS). According to PBS CPI data released Friday, the CPI in February 2019 increased by 0.64 percent over January 2019, Who

Published 02 Mar, 2019 12:00am

Punjab: PM imposes ban on use of agriculture land for housing schemes

In a high-level meeting with Prime Minister Imran Khan in the chair, it was decided to impose ban on the use of agricultural land for housing schemes. According to the Spokesman of Punjab Chief Minister, the meeting also approved a strategy to reduce the

Published 02 Mar, 2019 12:00am

Punjab: PM imposes ban on use of agriculture land for housing schemes

In a high-level meeting with Prime Minister Imran Khan in the chair, it was decided to impose ban on the use of agricultural land for housing schemes. According to the Spokesman of Punjab Chief Minister, the meeting also approved a strategy to reduce the

Published 02 Mar, 2019 12:00am

SC to hear high treason case against Musharraf on March 7

The Supreme Court will hear high treason case against former Army Chief General Pervez Musharraf (retd) on March 7. A three-member bench, headed by Chief Justice Asif Saeed Khan, will take up the constitution petition of Lahore High Court Bar Association,

Published 02 Mar, 2019 12:00am

SC to hear high treason case against Musharraf on March 7

The Supreme Court will hear high treason case against former Army Chief General Pervez Musharraf (retd) on March 7. A three-member bench, headed by Chief Justice Asif Saeed Khan, will take up the constitution petition of Lahore High Court Bar Association,

Published 02 Mar, 2019 12:00am

Cotton

Senate panel for revisiting all FTAs

A parliamentary panel Friday decided to review Free Trade Agreements (FTAs) with different countries in collaboration with the Ministry of Commerce and Textile to protect the country's interests and increase exports. "Pakistan's FTAs, especially with Chin

Published 02 Mar, 2019 12:00am

Cotton

Senate panel for revisiting all FTAs

A parliamentary panel Friday decided to review Free Trade Agreements (FTAs) with different countries in collaboration with the Ministry of Commerce and Textile to protect the country's interests and increase exports. "Pakistan's FTAs, especially with Chin

Published 02 Mar, 2019 12:00am

Cotton

Senate panel for revisiting all FTAs

A parliamentary panel Friday decided to review Free Trade Agreements (FTAs) with different countries in collaboration with the Ministry of Commerce and Textile to protect the country''s interests and increase exports. "Pakistan''s FTAs, especially with Ch

Published 02 Mar, 2019 12:00am

US could withdraw troops from Afghanistan within five years: NYT

US forces could leave Afghanistan within five years under a Pentagon plan being offered as part of a potential deal with the Taliban to end the nearly 18-year war, the New York Times has reported. Negotiations are believed to be progressing after h

Published 02 Mar, 2019 12:00am

US could withdraw troops from Afghanistan within five years: NYT

US forces could leave Afghanistan within five years under a Pentagon plan being offered as part of a potential deal with the Taliban to end the nearly 18-year war, the New York Times has reported. Negotiations are believed to be progressing after h

Published 02 Mar, 2019 12:00am

Standard Chartered (Pakistan) earns highest-ever profit in 2018

Standard Chartered Bank (Pakistan) Limited on Friday announced its Annual Results for 2018. The Bank performed exceptionally well in 2018 and delivered a Profit before tax of PKR 18.5 billion. This is 37 percent higher than corresponding period last year

Published 02 Mar, 2019 12:00am

Standard Chartered (Pakistan) earns highest-ever profit in 2018

Standard Chartered Bank (Pakistan) Limited on Friday announced its Annual Results for 2018. The Bank performed exceptionally well in 2018 and delivered a Profit before tax of PKR 18.5 billion. This is 37 percent higher than corresponding period last year

Published 02 Mar, 2019 12:00am

Standard Chartered (Pakistan) earns highest-ever profit in 2018

Standard Chartered Bank (Pakistan) Limited on Friday announced its Annual Results for 2018. The Bank performed exceptionally well in 2018 and delivered a Profit before tax of PKR 18.5 billion. This is 37 percent higher than corresponding period last year

Published 02 Mar, 2019 12:00am

Standard Chartered (Pakistan) earns highest-ever profit in 2018

Standard Chartered Bank (Pakistan) Limited on Friday announced its Annual Results for 2018. The Bank performed exceptionally well in 2018 and delivered a Profit before tax of PKR 18.5 billion. This is 37 percent higher than corresponding period last year

Published 02 Mar, 2019 12:00am

Fakhar elected NA body on Kashmir chairman

Syed Fakhar Imam was elected unanimously as chairman of the National Assembly's Special Committee on Kashmir on Friday. The special secretary National Assembly Secretariat apprised the members of the committee of the agenda and procedure for election of c

Published 02 Mar, 2019 12:00am

Fakhar elected NA body on Kashmir chairman

Syed Fakhar Imam was elected unanimously as chairman of the National Assembly's Special Committee on Kashmir on Friday. The special secretary National Assembly Secretariat apprised the members of the committee of the agenda and procedure for election of c

Published 02 Mar, 2019 12:00am

Several hurt as tens of thousands protest in Algeria

Several people were hurt in clashes between protesters and police in the Algerian capital Friday, as tens of thousands rallied against a fifth term for ailing President Abdelaziz Bouteflika. AFP saw about a dozen people wounded after being hit by batons,

Published 02 Mar, 2019 12:00am

Several hurt as tens of thousands protest in Algeria

Several people were hurt in clashes between protesters and police in the Algerian capital Friday, as tens of thousands rallied against a fifth term for ailing President Abdelaziz Bouteflika. AFP saw about a dozen people wounded after being hit by batons,

Published 02 Mar, 2019 12:00am

FO explains why Pakistan not attending OIC summit

The Foreign Office said on Friday that Pakistan will not attend the 46th Session of the OIC Council of Foreign Ministers in protest against inviting Indian External Affairs Minister Sushma Swaraj as guest of honour to the forum.

Published 02 Mar, 2019 12:00am

FO explains why Pakistan not attending OIC summit

The Foreign Office said on Friday that Pakistan will not attend the 46th Session of the OIC Council of Foreign Ministers in protest against inviting Indian External Affairs Minister Sushma Swaraj as guest of honour to the forum.

Published 02 Mar, 2019 12:00am

Sushma addresses conclave

External Affairs Minister (EAM) Sushma Swaraj on Friday, addressed Organization of Islamic Cooperation (OIC) meeting in Abu Dhabi and urged OIC to work together to uproot terrorism from the world. This Indian minister said this amid heightened tensions be

Published 02 Mar, 2019 12:00am

Sushma addresses conclave

External Affairs Minister (EAM) Sushma Swaraj on Friday, addressed Organization of Islamic Cooperation (OIC) meeting in Abu Dhabi and urged OIC to work together to uproot terrorism from the world. This Indian minister said this amid heightened tensions be

Published 02 Mar, 2019 12:00am

'Eco-terrorism': complaint against India to be lodged

Pakistan plans to lodge a complaint against India at the United Nations, accusing it of "eco-terrorism" over air strikes that damaged pine trees and brought the nuclear-armed nations to blows, Climate Change Minister Malik Amin Aslam said on Friday.

Published 02 Mar, 2019 12:00am

'Eco-terrorism': complaint against India to be lodged

Pakistan plans to lodge a complaint against India at the United Nations, accusing it of "eco-terrorism" over air strikes that damaged pine trees and brought the nuclear-armed nations to blows, Climate Change Minister Malik Amin Aslam said on Friday.

Published 02 Mar, 2019 12:00am

Disarmament, non-proliferation Pak-Japan consultations held

The 7th Round of Pakistan-Japan Bilateral Consultations on Disarmament and Non-Proliferation was held in Tokyo.

Published 02 Mar, 2019 12:00am

Disarmament, non-proliferation Pak-Japan consultations held

The 7th Round of Pakistan-Japan Bilateral Consultations on Disarmament and Non-Proliferation was held in Tokyo.

Published 02 Mar, 2019 12:00am

Saudi says Hamza bin Laden stripped of his citizenship

Hamza Bin Laden, a son of late al-Qaeda chief Osama bin Laden seen as a rising jihadist leader, has been stripped of his Saudi citizenship, state newspaper Umm al-Qura said Friday. Bin Laden had his citizenship removed on February 22 by royal decree, the

Published 02 Mar, 2019 12:00am

Saudi says Hamza bin Laden stripped of his citizenship

Hamza Bin Laden, a son of late al-Qaeda chief Osama bin Laden seen as a rising jihadist leader, has been stripped of his Saudi citizenship, state newspaper Umm al-Qura said Friday. Bin Laden had his citizenship removed on February 22 by royal decree, the

Published 02 Mar, 2019 12:00am

Cotton

Olive farming

Although ordinary farmers do not give much importance to the cultivation of minor crops, yet these could be a handsome source for the income of farming community and contribute to the foreign exchange earning or saving for the country. However, of late, t

Updated 09 Mar, 2019 10:51am

PM's criticism of tax behaviour

Prime Minister Imran Khan while addressing a ceremony held to award appreciation certificates to 150 top taxpayers of the country referred to them as the country's "true VIPs" while lamenting the fact that a mere 1.7 million people out of a total populati

Updated 09 Mar, 2019 10:51am

Economic price of warmongering

In the current crisis following the Pulwama attack, Pakistan has undoubtedly come out as the winner in two bouts fought so far both in terms of diplomacy and military capacity and capability. Much of this has also been acknowledged by the intelligentsia o

Published 02 Mar, 2019 12:00am

Real estate sector: 'Government policy to help boost remittances by expats'

The government policy of ease of doing business for foreign investors in real estate sector would considerably increase foreign remittances by overseas Pakistanis. This has been stated by Chairman Imarat Group Shafiq Akbar here on Friday while discussing

Published 02 Mar, 2019 12:00am

LHC moved against hike in POL products price

Judicial Activism Penal (JAP) has approached the Lahore High Court against recent increase in prices of petroleum products for being unlawful. The petitioner JAP's counsel pleaded that the federal government on February 28 last increased the prices of pet

Published 02 Mar, 2019 12:00am

Saudi FM's visit rescheduled, due today

As efforts continue to de-escalate tension between Pakistan and India, Saudi Minister of State for Foreign Affairs Adel al-Jubeir is arriving today (Saturday) followed by special Chinese envoy to discuss the evolving situation amid heightening tension. Th

Published 02 Mar, 2019 12:00am

Fears grow for missing Italian, Britain on Pakistan peak

Bad weather forced rescuers to call off a search Friday for two climbers from Britain and Italy who went missing in northen Pakistan on a peak known as "Killer Mountain". Climbers Daniele Nardi and Tom Ballard were last heard from on Sunday as they climbe

Published 02 Mar, 2019 12:00am

Bilawal terms decision of not attending OIC meeting 'unfortunate'

Chairman Pakistan Peoples Party (PPP) Bilawal Bhutto Zardari has termed the decision of Pakistan Tehreek-e-Insaf (PTI) government for not attending the Organization of Islamic Cooperation (OIC) Council of Foreign Ministers in Abu Dhabi unfortunate. In a t

Published 02 Mar, 2019 12:00am

Quality education government's top priority: minister

Punjab Industries and Trade Minister, Mian Aslam Iqbal has said that their government's top priority is to provide quality education, health facilities besides other basic amenities to the people; these facilities will be available at the people's doorste

Published 02 Mar, 2019 12:00am

Silkbank declares operating profit of Rs 3.146 billion

The Board of Directors of Silkbank Limited in their February 28, 2019 meeting declared an operating profit of Rs 3.146 billion, with a profit after tax of Rs 1.330 billion for the year ended December 31, 2018, reflecting a growth of 17 percent over the pr

Published 02 Mar, 2019 12:00am

Silkbank declares operating profit of Rs 3.146 billion

The Board of Directors of Silkbank Limited in their February 28, 2019 meeting declared an operating profit of Rs 3.146 billion, with a profit after tax of Rs 1.330 billion for the year ended December 31, 2018, reflecting a growth of 17 percent over the pr

Published 02 Mar, 2019 12:00am

Rich tribute paid to ex-PPP minister

Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari has paid rich tribute to ex-federal minister Shaheed Shahbaz Bhatti on his 8th martyrdom anniversary. In his message, the PPP Chairman said that Shaheed Shahbaz Bhatti was very vibrant PPP leade

Published 02 Mar, 2019 12:00am

PTI raises issue of growing suicides in Thar in Sindh Assembly

The PTI on Friday raised voice against the growing suicides in Thar region of the province during the Sindh assembly session, pointing out that 43 people took their lives 'amid poverty, malnutrition and growing health crisis". "As many as 43 people have c

Published 02 Mar, 2019 12:00am

Rally held outside UN building expresses solidarity with Pakistan

Braving cold weather, hundreds of American Sikhs, Kashmiris and Pakistanis on Thursday demonstrated in front of the United Nations building to express solidarity with Pakistan and condemned India's aggression against it, as the UN and world powers worked

Published 02 Mar, 2019 12:00am

Gas thieves sentenced for 13 years, fined Rs 180 million

Sui Southern Gas Company's (SSGC's) efforts aimed at prosecuting the gas theft miscreants got a major boost when the Anti-Corruption Court (Central) Hyderabad announced a detailed judgment on pilferage in 2016 committed by Shahbaz CNG Station in Jamshoro

Published 02 Mar, 2019 12:00am

ADB financing rehabilitation of farm to market roads in KP

The provincial government of Khyber Pakhtunkhwa in collaboration with Asian Development Bank (ADB) is rehabilitating and reconstructing farm to market roads in the province. In this connection a review meeting on such projects was held here with KP Chief

Published 02 Mar, 2019 12:00am

AGPR directed to introduce e-pension system without any delay

Federal Ombudsman Syed Tahir Shahbaz has directed the Controller General of Accounts and AGPR to set up E-pension system on an early date and connect all federal government departments with this system. He also directed to the representatives of ministrie

Published 02 Mar, 2019 12:00am

NA body seeks action against parliamentarians' kids found drug addicts

Children of a number of parliamentarians living in the Parliament Lodges are drug addicts and departments concerned should take action in order to curb the menace. Chairman National Assembly Standing Committee on Narcotics Control, Salahuddin Ayubi reveal

Published 02 Mar, 2019 12:00am

PM unites divided nation, foils unholy designs of Modi: FPCCI

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Friday said Prime Minister Imran Khan has united the divided nation and successfully foiled the unholy designs of Indian PM Modi. The statesmanship of PM Khan amid Pak-India conflict

Published 02 Mar, 2019 12:00am

Customs collects Rs 444 billion in eight months

Pakistan Customs has surpassed its target by collecting Rs 444 billion in first eight months of the current financial year i.e., July-February 2018-19. Target for collection of customs duty for first eight months was Rs 436 billion, 21% higher than the ta

Published 02 Mar, 2019 12:00am

Four gunned down in Moro

Unknown armed assailants gunned down four people here on Friday.

Published 02 Mar, 2019 12:00am

US sanctions six Venezuelan security officials over blocking aid

The United States imposed sanctions Friday on six Venezuelan security officials for obstructing aid that Washington had tried to force in as part of its effort to support the country's opposition leader against President Nicolas Maduro. "We are sanctionin

Published 02 Mar, 2019 12:00am

Currency

Most Asian units end week on weaker note

Most Asian currencies ended the week on a weaker note on Friday as the U.S dollar firmed and uncertainty over US-China trade negotiations kept many investors on the sidelines. The dollar was helped by a spike in Treasury yields after data showed the US ec

Published 02 Mar, 2019 12:00am

Currency

Sterling enjoys biggest weekly rise in a month

The pound slipped on Friday after survey data showed British factories slashed jobs in February, but still enjoyed its biggest weekly rise in a month on receding fears that Britain will leave the European Union without a deal. The British currency surged

Published 02 Mar, 2019 12:00am

Chlorine used in attack on Syria's Douma: watchdog

Chlorine was used in a deadly attack on the Syrian town of Douma in 2018, the world's chemical weapons watchdog said Friday in a long-awaited final report on the incident. The report by the Organisation for the Prohibition of Chemical Weapons (OPCW), swif

Published 02 Mar, 2019 12:00am

At least 23 Afghan security forces killed in Taliban attack

At least 23 Afghan security forces were killed in a Taliban attack on a joint US-Afghan base in southwestern Afghanistan, officials said Friday, as fighting continues amid a pause in peace talks between the insurgents and American negotiators.

Published 02 Mar, 2019 12:00am

Huawei invites foreign media to see for itself on spy claims

Chinese telecom giant Huawei has issued an unusual invitation to foreign media outlets to visit its facilities and meet staff as the company pushes back against global pressure arising from US accusations that it spies for Beijing. Huawei on Thursday purc

Published 02 Mar, 2019 12:00am

Nato chief says bloc preparing for more Russian missiles

Nato chief Jens Stoltenberg said Friday the military alliance needs to be ready for a world with more Russian missiles, after a UN warning that the global arms control system is collapsing. "Nato does not want a new Cold war, we don't want a new arms race

Published 02 Mar, 2019 12:00am

US strike kills 26 Shabaab fighters in Somalia

The US military has stepped up its air campaign against Al-Shabaab militants in Somalia in recent days, with officials on Friday saying another 26 "terrorists" had been killed. The latest air strike, which occurred in the Hiran region of central Somalia o

Published 02 Mar, 2019 12:00am

SpaceX to launch test for resumption of manned US flights

SpaceX will try to send a dummy to the International Space Station this weekend in a key test for resuming manned US space flights, perhaps this year if all goes well. Since the shuttle Atlantis returned to earth on July 21, 2011, no American astronaut ha

Published 02 Mar, 2019 12:00am

Singaporean businessmen keen to invest in CPEC projects

A high powered business delegation from Singapore on Friday visited the Lahore Chamber of Commerce & Industry and held B2B meetings with their Pakistani counterparts to explore new trade and investment opportunities in Pakistan. Shamsher Zaman, who is als

Published 02 Mar, 2019 12:00am

SCCI slams crackdown against registered taxpayers

Sarhad Chamber of Commerce and Industry has expressed resentment over crackdown on major stores and registered tax-payers on pretext of tax-evasion, launched by regional tax office Peshawar. The chamber demanded that the deployment of FBR teams from outsi

Published 02 Mar, 2019 12:00am

Currency	Rate
USD PKR Interbank Selling / Jan 30	278.97
USD PKR Interbank Buying / Jan 30	278.77
USD to Japanese Yen / Jan 30	154.56
USD to Swiss Franc / Jan 30	0.91
Pound Sterling to USD / Jan 30	1.24
Euro to USD / Jan 30	1.04

Stock	Volume
S&P 500 / Jan 29	6,039.31
Nasdaq / Jan 29	19,632.32
Hang Seng / Jan 29	20,225.11
Dow Jones / Jan 29	44,713.52
India Sensex / Jan 30	76,776.38
Tokyo Nikkei / Jan 30	39,467.47
FTSE 100 / Jan 30	8,567.71
Germany DAX 30 / Jan 30	21,655.86

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 29	18,285
Gold 10 Grams PKR / Jan 29	247,513
Petrol/Litre / Jan 30	256.13
Crude Oil USD/Barrel / Jan 30	72.66
Gold Spot USD/Ounce / Jan 30	2,759.76
Diesel/Litre / Jan 30	260.95

Stock	Price
Chenab Ltd / Jan 30 Chenab Limited(CHBL)	9.08 ▲ 1 (12.38%)
Kohinoor Ind. / Jan 30 Kohinoor Industries Limited(KOIL)	9.26 ▲ 1 (12.11%)
PICIC Ins.Ltd. / Jan 30 PICIC Insurance Limited(PIL)	2.52 ▲ 0.23 (10.04%)
Redco Textile / Jan 30 Redco Textiles Limited(REDCO)	21.97 ▲ 2 (10.02%)
Sana Ind / Jan 30 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
I.C.C. Ind. / Jan 30 ICC Industries Limited(ICCI)	14.29 ▲ 1.3 (10.01%)
Ashfaq Textile / Jan 30 Ashfaq Textile Mills Limited(ASHT)	17.48 ▲ 1.59 (10.01%)
Ahmad Hassan / Jan 30 Ahmad Hassan Textile Mills Limited(AHTM)	59.90 ▲ 5.45 (10.01%)
Atlas Honda Ltd / Jan 30 Atlas Honda Limited(ATLH)	873.29 ▲ 79.39 (10%)

Stock	Price
Tariq Corp.Pref. / Jan 30 Tariq Corporation Limited-Preference Shares(TCORPCPS)	6.91 ▼ -0.97 (-12.31%)
First Capital Equities / Jan 30 First Capital Equities Limited(FCEL)	5.21 ▼ -0.68 (-11.54%)
National Silk / Jan 30 The National Silk & Rayon Mills Limited(NSRM)	45.35 ▼ -5.04 (-10%)
Blue-Ex Ltd / Jan 30 Blue-Ex Limited (GEM)(GEMBLUEX)	55.40 ▼ -6.15 (-9.99%)
Kohat Textile / Jan 30 Kohat Textile Mills Limited(KOHTM)	32 ▼ -3.13 (-8.91%)
Hussain Industries / Jan 30 Husein Industries Limited(HUSI)	26.41 ▼ -2.45 (-8.49%)
Trust Sec.& Brok. / Jan 30 Trust Securities & Brokerage Limited(TSBL)	13.60 ▼ -1.14 (-7.73%)
JS Investments / Jan 30 JS Investments Limited(JSIL)	21.02 ▼ -1.74 (-7.64%)
Universal Ins. / Jan 30 The Universal Insurance Company Limited(UVIC)	9.13 ▼ -0.67 (-6.84%)

Stock	Volume
Sui South Gas / Jan 30 Sui Southern Gas Company Limited(SSGC)	48,078,930 ▲ 2.48
Waves Home Appliances / Jan 30 Waves Home Appliances Limited(WAVESAPP)	33,126,010 ▲ 1.16
Bank Makramah / Jan 30 Bank Makramah Limited(BML)	31,438,642 ▲ 0.23
Cnergyico PK / Jan 30 Cnergyico PK Limited(CNERGY)	31,197,761 ▲ 0.13
K-Electric Ltd. / Jan 30 K-Electric Limited(KEL)	29,670,310 ▲ 0.13
Citi Pharma Ltd / Jan 30 Citi Pharma Ltd.(CPHL)	25,413,292 ▲ 2.73
Dewan Motors / Jan 30 Dewan Farooque Motors Limited(DFML)	24,726,221 ▼ -1.63
WorldCall Telecom / Jan 30 Worldcall Telecom Limited(WTL)	20,794,723 ▲ 0.02
Fauji Cement / Jan 30 Fauji Cement Company Limited(FCCL)	13,308,955 ▲ 0.1

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