News Archives for Print - 2019-03-16

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

Published 16 Mar, 2019 12:00am

Currency

State Bank of Pakistan conversion rates

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

Published 16 Mar, 2019 12:00am

Aaj TV - Saturday's schedule

All timings are in PST (Pakistan Standard Time).

Published 16 Mar, 2019 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 16 Mar, 2019 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 16 Mar, 2019 12:00am

CBOT corn futures higher

Chicago Board of Trade (CBOT) corn futures ended higher on Thursday as traders covered short positions ahead of planting season. Corn futures have risen for three days in a row. Concerns about planting delays in the United States raised the prospect of fa

Published 16 Mar, 2019 12:00am

CBOT soyabean futures fall

Chicago Board of Trade (CBOT) soyabean futures weakened on Thursday, turning lower after hitting a one-week high on uncertainty about a potential trade deal with China, the world's biggest buyer of the oilseed. The benchmark CBOT May soyabean futures cont

Published 16 Mar, 2019 12:00am

Cotton

PMEX daily trading report

On Thursday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,704. The traded value of Metals, Energy and COTS/FX was recorded at PKR 7.328 billion and the number of lots traded 8,375. Major business was contributed by NSDQ100 amou

Published 16 Mar, 2019 12:00am

French wheat exports outside European Union in 2018-19

Farming agency FranceAgriMer raised sharply its forecast for French soft wheat exports outside the European Union in 2018/19 and said there was scope for more upgrades as competitively priced French wheat draws late-season demand from importers. Traders h

Published 16 Mar, 2019 12:00am

Asia's naphtha cracks rise

Asia's naphtha crack rose 7.48 percent, or $3.92, to $56.33 a tonne on Thursday, the highest since Dec. 28, supported by a stream of demand. South Korea's LG Chem snapped up naphtha for second-half April delivery at premiums in the range of $3.25 to $4.50

Published 16 Mar, 2019 12:00am

China's iron ore hits over one week high

Benchmark iron ore futures in China climbed to their highest in more than a week on Thursday as steel mills continued to buy raw materials, but the uncertain outlook for the country's steel demand capped further gains. Steel prices fell, with construction

Published 16 Mar, 2019 12:00am

Activities at Karachi and Qasim Ports

The Karachi Port handled 85,080 tonnes of cargo comprising 30,501 tonnes of import cargo and 54,579 tonnes of export cargo including 5,594 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargos of 30,5

Published 16 Mar, 2019 12:00am

Cotton

Trade activity down on cotton market

Trade activity slowed down on the cotton market on Friday as the most of ginners were not ready to oblige the mills in the process trade activity, dealers said. The official spot rate unchanged at Rs 8,700, they added. In the ready session, only one deal

Published 16 Mar, 2019 12:00am

Euronext wheat climbs to one week high

Euronext wheat rose to a one-week high on Thursday, buoyed by a rebound in Chicago and an upturn in French exports. Gains were capped, however, by favourable prospects for this year's harvest and signs of persisting export competition from Black Sea origi

Published 16 Mar, 2019 12:00am

India's BSE index ends above 38,000

Indian shares edged higher for a fifth consecutive session on Friday, marking their best week in over three months, as investors expect a second term for the incumbent government. The benchmark BSE index closed up 0.71 percent at 38,024.32, ending the wee

Published 16 Mar, 2019 12:00am

Tokyo shares up on weak yen

Tokyo shares rose on Friday, ending two days of declines, with a cheaper yen providing support and investors brushing off a downbeat central bank assessment of the Japanese economy. The Nikkei 225 index added 0.77 percent, or 163.83 points, to 21,450.85,

Published 16 Mar, 2019 12:00am

Friday's early afternoon trade: indexes hit session highs; Facebook drops

Wall Street's main indexes hit session highs on Friday, in broad based gains led by technology stocks, as sentiment was lifted by an upbeat note in trade talks between the United States and China. China's state-run news agency said Washington and Beijing

Published 16 Mar, 2019 12:00am

Kerb

S&P 500 eases amid US-China trade uncertainty

The S&P 500 slipped on Thursday, snapping a three-day streak of gains, as uncertainty over when a trade deal between the United States and China would be reached left investors on edge. US President Donald Trump and Treasury Secretary Steven Mnuchin said

Published 16 Mar, 2019 12:00am

Hong Kong shares surge

The Hong Kong market closed higher on Friday, after China pledged to prop up slowing economic growth and appeared to make progress in its trade talks with the United States. At the close of trade, the Hang Seng index was up 0.6 percent at 29,012.26 points

Published 16 Mar, 2019 12:00am

Treasury prices fall

US Treasury prices dropped on Thursday in quiet trading overall, with the sharpest falls seen on the long end of the curve, pressured by corporate debt supply and some selling from Japanese investors ahead of Japan's fiscal year end this month.

Published 16 Mar, 2019 12:00am

Treasury prices fall

Published 16 Mar, 2019 12:00am

China stocks climb

The Chinese stock market closed higher on Friday after Premier Li Keqiang vowed strong measures to boost slowing economic growth. At the close, the Shanghai Composite index was up 1 percent at 3,021.75, while the blue-chip CSI300 index was up 1.3 percent.

Published 16 Mar, 2019 12:00am

Australian shares weakens; New Zealand up

Australian shares edged lower on Friday as fresh concerns about a US-China trade deal hit commodity prices and mining stocks while financials extended their recent declines. The S&P/ASX 200 index closed 0.1 percent lower at 6,175.20. The benchmark snapped

Published 16 Mar, 2019 12:00am

European stocks at five-month high

European shares closed at their highest level in five months on Friday as investors cheered positive signs on US-China trade talks and UK lawmakers' vote to request a delay in a potentially chaotic exit from the EU. The pan-European STOXX 600 was up 0.7 p

Published 16 Mar, 2019 12:00am

Currency

Most Southeast Asian stocks move higher

Most Southeast Asian stocks advanced on Friday, with Indonesia gaining after the nation posted a surprise trade surplus in February, while Philippines erased losses to end higher as January remittances rose. Indonesian stocks jumped 0.8 percent, gaining 1

Published 16 Mar, 2019 12:00am

Britain's mid-cap index surges on Brexit optimism

Britain's mid-cap index hit a 5-month high on Friday, tracking a rally in sterling as talks between the Northern Irish Democratic Unionist Party and British ministers over Prime Minister Theresa May's Brexit deal were described as "good".

Published 16 Mar, 2019 12:00am

Currency

MtGox bitcoin founder gets suspended sentence

The high-flying creator of the MtGox bitcoin exchange received a suspended jail sentence of two and a half years after a Japanese court Friday found him guilty on charges of data manipulation. The court convicted Mark Karpeles, a 33-year-old Frenchman, fo

Published 16 Mar, 2019 12:00am

Airbus trials drone delivery to ships

Airbus on Friday began trials of drones delivering parcels to ships anchored offshore in Singapore, as the high-tech city rolls out the devices for an array of tasks. Singapore is aiming to use drones for parcel delivery, inspecting buildings, providing s

Published 16 Mar, 2019 12:00am

Boeing to upgrade stall prevention on 737 MAX

Boeing in the next 10 days will roll out an upgrade to the MCAS stall prevention system for 737 MAX aircraft that have had two deadly accidents in recent months, two industry sources told AFP. The system was implicated in the crash of a 737 MAX 8 in Indon

Published 16 Mar, 2019 12:00am

US regulators sue Volkswagen over emissions scandal

US stock regulators have sued Volkswagen over the emissions cheating scandal, alleging the German automaker committed fraud by raising billions in corporate bonds while lying to investors about the environmental impact of its cars.

Published 16 Mar, 2019 12:00am

Ford to slash over 5,000 German jobs

Ford on Friday said it planned to cut "more than 5,000" jobs in Germany as part of a major restructuring to boost profitability at the US car giant's European operations. The group aims to carry out the jobs cull through voluntary redundancies and early r

Published 16 Mar, 2019 12:00am

Elon Musk's Tesla adds 'Model Y' SUV to line-up

Tesla introduced a new electric sports utility vehicle slightly bigger and more expensive than its Model 3, pitched as an electric car for the masses. Tesla chief executive Elon Musk showed off the "Model Y" late Thursday at the company's design studio in

Published 16 Mar, 2019 12:00am

Currency

Turkish unemployment surges to 13.5 percent, highest in nine years

Turkey's unemployment rate jumped to 13.5 percent in the November-January period, its highest level in nine years, official data showed on Friday, in a fresh sign of the impact of last year's currency crisis. The economy contracted a sharper than expected

Published 16 Mar, 2019 12:00am

US manufacturing sector slowing

US manufacturing output fell for a second straight month in February and factory activity in New York state hit nearly a two-year low this month, offering further evidence of a sharp slowdown in economic growth early in the first quarter.

Published 16 Mar, 2019 12:00am

China approves foreign investment law, possible US olive branch

China's rubber-stamp parliament approved a foreign investment law Friday that may serve as an olive branch in trade talks with the United States, but it received a lukewarm welcome from business groups.

Published 16 Mar, 2019 12:00am

Kerb

Bencic sweeps into Indian Wells semi-final against Kerber

Resurgent Swiss Belinda Bencic toppled another top-10 player Thursday, downing fifth-ranked Karolina Pliskova to set up an Indian Wells WTA final against Angelique Kerber. Bencic, a former world number seven whose ranking slumped as injuries stalled her c

Published 16 Mar, 2019 12:00am

FIFA backs 48-team World Cup in 2022

FIFA moved a step closer on Friday to expanding the 2022 World Cup in Qatar to 48 teams and hopes to confirm the plans in June if a suitable co-host can be found. An internal feasibility study supporting the expansion, which is being strongly pushed by Pr

Published 16 Mar, 2019 12:00am

Ronaldo back in Portugal squad

Cristiano Ronaldo was named in defending European champions Portugal's squad on Friday nine months after his last international appearance at the 2018 World Cup in Russia. With Euro 2020 qualifiers against Ukraine and Serbia coming up, coach Fernando Sant

Published 16 Mar, 2019 12:00am

Pakistan squad off to Doha for Qatar Junior Squash

Eight-member Pakistan Junior team departed for Doha, Qatar to participate in the Qatar International Junior Squash Championship-2019 which is schedule to be commencing from March 16-21 at Khalifa International Tennis and Squash Club. Pakistan eight member

Published 16 Mar, 2019 12:00am

Peshawar trounce Islamabad to reach HBL PSL final

A power packed performance from Peshawar Zalmi led by half centuries from Kamran Akmal and Imam-ul-Haq and support from Sammy and Pollard helped former champions upstage defending champion Islamabad United by 48 runs in the Eliminator 2 of the HBL Pakista

Published 16 Mar, 2019 12:00am

New Zealand-Bangladesh Test cancelled after mosque attacks

New Zealand and Bangladesh on Friday cancelled the third cricket Test after 49 people were killed in gun attacks on mosques in Christchurch, including one that was attended by the Bangladeshi team. "A joint decision between NZC and the @BCBtigers has been

Published 16 Mar, 2019 12:00am

Court scraps Sreesanth's life ban for fixing

India's Supreme Court scrapped cricketer Shanthakumaran Sreesanth life ban for match-fixing on Friday but stopped short of acquitting the paceman. The court said Sreesanth's long-running case had been badly handled and gave the Board of Control for Cricke

Published 16 Mar, 2019 12:00am

Advantage Afghanistan despite Irish No 11 heroics

Bowlers put Afghanistan in control despite a defiant half-century from Ireland number 11 Tim Murtagh on the opening day of the one-off Test between the long format's two new entrants on Friday. Murtagh made an unbeaten 54 to lift Ireland to 172 after they

Published 16 Mar, 2019 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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