News Archives for Print - 2019-03-23

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Print - 2019-03-23

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Friday (March 21, 2019).

Published 23 Mar, 2019 12:00am

Kibor interbank offered rates

Kibor interbank offered rates on Friday (March 21, 2019).

Published 23 Mar, 2019 12:00am

Libor

LIBOR interbank offered rates

London Interbank Offered Rates (LIBOR) on Friday (March 21, 2019).

Published 23 Mar, 2019 12:00am

Currency

Currency values in terms of Special Drawing Rights

The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special Drawing Rights (SDR).

Published 23 Mar, 2019 12:00am

Currency

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (March 21, 2019).

Published 23 Mar, 2019 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (March 21, 2019).

Published 23 Mar, 2019 12:00am

Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (March 21, 2019).

Published 23 Mar, 2019 12:00am

Currency

Banks' rates for currency notes (buying and selling)

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Friday (March 21, 2019).

Published 23 Mar, 2019 12:00am

Currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Friday (March 21, 2019).

Published 23 Mar, 2019 12:00am

Currency

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Friday (March 21, 2019).

Published 23 Mar, 2019 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Friday (March 21, 2019).

Published 23 Mar, 2019 12:00am

Libor

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Friday (March 21, 2019).

Published 23 Mar, 2019 12:00am

Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (March 21, 2019).

Published 23 Mar, 2019 12:00am

Currency

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Friday (March 21, 2019).

Published 23 Mar, 2019 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (March 21, 2019).

Published 23 Mar, 2019 12:00am

Barclays bid rates and maximum rates for payment of interest

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

Published 23 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 23 Mar, 2019 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 23 Mar, 2019 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 23 Mar, 2019 12:00am

Aaj TV - Saturday's schedule

All timings are in PST (Pakistan Standard Time).

Published 23 Mar, 2019 12:00am

Vegetable Oil

SUFI GROUP: Continuous era of success

Established in 1992, Hamza Vegetable Oil Refinery & Ghee Mills, with aspiration to achieve every goal. Its significant progress in the production of Sufi Banaspati along with Sufi Sunflower Cooking Oil, Sufi Soyabean Cooking Oil and later Sufi Canola Cook

Published 23 Mar, 2019 12:00am

Pakistan-Malaysia trade needs urgent attention

Contrary to popular perceptions, Pakistan's trade with the regional powerhouse Malaysia has never really hit the roofs. The highest share of Malaysia in Pakistan's exports and imports was achieved way back in FY12, when the Pakistan Malaysia Free trade Ag

Published 23 Mar, 2019 12:00am

Pakistan-Malaysia Business Review: Chairman Pak-Malaysia Business Council of FPCCI

Pak-Malaysia Business Council of Federation of Pakistan Chambers of Commerce & Industry (FPCCI) is playing a vital role in facilitating business with both the countries. Pakistan and Malaysia have strong business relationship since 1970 when Pakistan imp

Published 23 Mar, 2019 12:00am

Currency

H.E. Tun Dr. Mahathir bin Mohamad - the visionary and dynamic leader of Malaysia

Tun Dr. Mahathir bin Mohamad is the 7th Prime Minister of Malaysia since 10th May, 2018. He previously served over 22 years as Prime Minister from July, 1981 until his retirement in October, 2003, by which time he was the world's longest-serving elected l

Published 23 Mar, 2019 12:00am

Consequential amendments essential for lawmaking processes in Pakistan

Laws and legal systems are a vital part of a civilization. These laws are framed as per the needs and suitability of the citizens of a society. As the time moves forward, the needs of the people evolve as well. Laws must be transformed and amended gradual

Published 23 Mar, 2019 12:00am

Pakistan Navy playing role in Balochistan's development

Concepts of 'generational improvement' and social mobility essentially outline how successive generations should aim for better life than their predecessors with improved living standards and status, are heavily tied to access to good quality education. F

Published 23 Mar, 2019 12:00am

House Building Finance Company Limited

Housing is a basic human need and all countries make efforts to provide decent accommodations at all levels of societal strata. Unfortunately, in Pakistan, housing is still a dream for a very vast majority of population. Mortgage financing is still at the

Published 23 Mar, 2019 12:00am

The 1940 Resolution: A landmark in history

The establishment of Pakistan as an independent and sovereign state in August 1947 is such a fascinating development that the historians and political scientists from Pakistan, India, the UK and the US continue to explore this. They have come up with diff

Published 23 Mar, 2019 12:00am

Jinnah's guidelines and Pakistan's performance

Jinnah's guidelines for Pakistan were succinctly summed up in just one sentence on the eve of the launching of the Pakistan demand at Lahore on March 23, 1940.

Published 23 Mar, 2019 12:00am

Cotton

Cotton futures ease on profit-taking after weather-driven rally

ICE cotton futures slipped on Friday as investors booked profits from the previous session's rally to three-month highs, which helped prices mark their fifth straight weekly gain.

Published 23 Mar, 2019 12:00am

Copper has worst week since December as dollar firms

Copper prices fell on Friday as weak European and US factory data spread gloom about the global economic outlook and strengthened the dollar. Benchmark copper on the London Metal Exchange (LME) closed 1.7 percent lower at $6,312 a tonne, slipping from an

Published 23 Mar, 2019 12:00am

Oil dips further from 2019 highs on demand worries

Oil fell about 2 percent on Friday, slipping further from 2019 highs as focus shifted to a lack of progress in US-China trade talks and as grim manufacturing data from Germany and the US reignited fears of a slowdown in the global economy and oil demand.

Published 23 Mar, 2019 12:00am

Tokyo rubber hits one-month low

Tokyo Commodity Exchange (TOCOM) futures, which set the tone for rubber prices in Southeast Asia, fell for a third week to hit around a 1-month low on Friday, as weaker Shanghai prices and a rally in the yen weighed on the market.

Published 23 Mar, 2019 12:00am

Palm oil dips on profit-taking, weak bean oil

Malaysian palm oil futures fell on Friday, snapping a week-long uptrend, as investors booked profits and weakness in soyabean oil prices also weighed.

Published 23 Mar, 2019 12:00am

Euronext wheat futures little changed

Euronext wheat futures ended little changed on Friday, easing from an earlier three-week high as technical resistance countered support from adverse US weather and brisk French exports. Benchmark May milling wheat on Paris-based Euronext settled up 0.50 e

Published 23 Mar, 2019 12:00am

Currency

Arabica coffee falls to new lows, sugar up

Arabica coffee futures on ICE fell on Friday, pressured by excess supplies and a weaker currency in Brazil, while raw sugar inched higher. May arabica coffee settled down 0.9 cent, or 1 percent, at 93.90 cents per lb after setting a fresh contract low of

Published 23 Mar, 2019 12:00am

Gold off Three-week highs in New York

Gold prices dipped in New York close on Thursday in volatile trade after hitting three-week highs earlier in the session as a set of better than expected U.S data lifted the dollar, while palladium notched a record peak on supply concerns. Spot gold slipp

Published 23 Mar, 2019 12:00am

Gold steadies in Asia

Gold was little changed on Friday below a three-week peak hit the day before, pressured by rising stock markets but remaining on track for a third straight weekly gain after the US Federal Reserve said there would be no further interest rate hikes this ye

Published 23 Mar, 2019 12:00am

Gold rises in Europe

Gold edged higher on Friday as weak economic data from the euro zone exacerbated fears of a global slowdown, weighing on risk sentiment and putting bullion on track for its best week in nearly two months. Spot gold climbed about 0.3 percent at $1,313.01 p

Published 23 Mar, 2019 12:00am

US MIDDAY; corn climbs

US corn futures rose to a 3-1/2-week high on Friday as China booked its largest purchase of the grain in more than 5 years and as flooding in the western US Midwest raised concerns over spring planting. Technical selling and profit-taking later pulled cor

Published 23 Mar, 2019 12:00am

US MIDDAY: gold gains

Gold prices rose on Friday as weak economic data from the euro zone exacerbated fears of a global slowdown, weighing on risk sentiment and putting bullion on track for its best week in nearly two months.

Published 23 Mar, 2019 12:00am

Japan's slowing inflation leaves BoJ fighting tough price battle

Japan's annual core consumer inflation slowed in February as gasoline costs fell for the first time in more than two years, keeping the central bank under pressure to maintain, or even ramp up, stimulus to accelerate price growth to its 2 percent target.

Published 23 Mar, 2019 12:00am

Former bosses see big payday from Deutsche Bank

Former board members including ex-chief executive John Cryan enjoyed a fat payday from Germany's biggest lender Deutsche Bank in 2018 despite leaving under a cloud, the firm's annual report showed Friday. The booted-out bosses raked in a total of almost 2

Published 23 Mar, 2019 12:00am

EU should build autos in US to avoid tariffs: Trump

President Donald Trump said Friday he was using the threat of tariffs to pressure European manufacturers to build more autos in the United States.

Published 23 Mar, 2019 12:00am

After Trump barbs, GM announces $1.8 billion investment, new jobs

Facing a barrage of attacks from President Donald Trump over plant closures, General Motors announced Friday a $1.8 billion investment and the creation of 700 new jobs in the United States.

Published 23 Mar, 2019 12:00am

US government posts $234 billion deficit in February

The US federal government posted a $234 billion budget deficit in February, according to data released on Friday by the Treasury Department.

Published 23 Mar, 2019 12:00am

In foreboding sign for US economy, factory sector softens

US manufacturing activity unexpectedly cooled in March, a troubling sign for the economy although the US housing market showed signs lower interest rates were giving it a boost. Financial data firm Markit's purchasing managers index for US manufacturing f

Published 23 Mar, 2019 12:00am

Tesla chief Musk calls on workers to help deliver cars

Tesla chief Elon Musk on Thursday urged workers to make helping with the "biggest wave" of deliveries in the electric car maker's history their top priority, Business Insider reported.

Published 23 Mar, 2019 12:00am

Indonesia's Garuda cancels 49-plane Boeing 737 order

Indonesia's national carrier Garuda will call off a multi-billion-dollar order for 49 Boeing 737 Max 8 jets after two fatal crashes involving the plane, the company said Friday, in what is thought to be the first formal cancellation for the model.

Published 23 Mar, 2019 12:00am

Eurozone business growth worse than expected in March

Businesses across the euro zone performed much worse than expected in March as factory activity contracted at the fastest pace in nearly six years, hurt by a big drop in demand, a survey showed on Friday. While a downturn in manufacturing was partly offse

Published 23 Mar, 2019 12:00am

Xi says new Silk Road runs both ways as Italy signs up

Chinese President Xi Jinping sought to allay Western unease over his new Silk Road initiative on Friday by emphasising the vast infrastructure project's two-way nature as he kicked off a whistlestop European tour in Rome.

Published 23 Mar, 2019 12:00am

Asia's gasoline crack falls from six-month high

Asia's gasoline crack slipped from a near six-month high on Thursday but steady spot demand and supply cuts due to refinery turnarounds in key producing regions of Asia continued to support market sentiment, trade sources said. Asia's gasoline crack slipp

Published 23 Mar, 2019 12:00am

CBOT corn futures jump as US flooding concerns

Chicago Board of Trade (CBOT) corn futures rose on Thursday as US Midwest flooding fueled concerns about stalled spring planting, prompting short-covering by commodity funds, traders said. CBOT May corn settled up 4-3/4 cents at $3.76-1/4 per bushel. The

Published 23 Mar, 2019 12:00am

Cotton

PMEX daily trading report

On Thursday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,782. The traded value of Metals, Energy and COTS/FX was recorded at PKR 10.147 billion and the number of lots traded 12,659. Major business was contributed by NSDQ100 am

Published 23 Mar, 2019 12:00am

EU wheat little changed in light trading

Western European wheat prices were little changed on Thursday in light trading as the market sought fresh impetus after an export-fuelled rebound in the past week. A steadier tone to Chicago wheat encouraged the European market to consolidate. Benchmark M

Published 23 Mar, 2019 12:00am

Brazil's wheat imports to fall as local output to rise

Brazil, one of the world's largest wheat importers, is expected to buy less of the cereal in the new season that starts in August because of a favourable outlook for local production, broker and analyst INTL FCStone said on Wednesday. FCStone sees imports

Published 23 Mar, 2019 12:00am

Chinese iron ore prices fail to hold early gains

Chinese iron ore prices failed to hold onto early gains on Thursday as the potential restart of a large Vale mine outweighed the shutdown of one of the Brazilian firm's smaller projects. Vale said on Wednesday it had decided to halt operations at its Aleg

Published 23 Mar, 2019 12:00am

Activities at Karachi and Qasim Ports

The Karachi Port handled 162,689 tonnes of cargo comprising 117,557 tonnes of import cargo and 45,132 tonnes of export cargo including 9,168 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargos of 11

Published 23 Mar, 2019 12:00am

Cotton

Volume of business rises on cotton market

Slight increase was seen in volume of business on the cotton market on Friday ahead of holiday, dealers said. The official spot rate was unchanged at Rs 8,600, they added. In the ready session, approximately, 4000 bales of cotton changed hands between Rs

Published 23 Mar, 2019 12:00am

Canadian canola futures rise

ICE Canadian canola futures rose on technical buying on Thursday, with the front-month contract hitting its highest on a continuous basis since Feb. 26, traders said. May canola futures found support their 10-day moving average before posting a gain of $3

Published 23 Mar, 2019 12:00am

Saudi Arabia seeks to buy 720,000 tonnes of barley

Saudi Arabia's main state cereals-buying agency, the Saudi Grains Organization (SAGO), said on Thursday it had issued an international tender to purchase about 720,000 tonnes of animal feed barley, confirming earlier trader reports. The tender deadline is

Published 23 Mar, 2019 12:00am

Sri Lankan shares fall

Sri Lankan shares fell for the fifth straight session on Friday and posted their lowest close in more than six years, dragged by telecom stocks, but foreign investors' buying capped the decline. The market now awaits cues from the third and final vote on

Published 23 Mar, 2019 12:00am

Tokyo stocks end marginally higher

Tokyo stocks closed slightly higher on Friday as rallies on Wall Street helped improve investor sentiment, but a stronger yen limited the gains. The benchmark Nikkei 225 index rose 0.09 percent, or 18.42 points, to end at 21,627.34 while the broader Topix

Published 23 Mar, 2019 12:00am

Friday's afternoon trade: Indexes tumble as weak factory data fuels slowdown worries

Wall Street's main indexes tumbled about 2 percent on Friday after a raft of weak manufacturing data from the United States and Europe led to an inverted yield curve, stoking fears of an economic slowdown.

Published 23 Mar, 2019 12:00am

Wall Street rises as Apple, tech shares climb

An Apple-led tech rally pushed Wall Street higher on Thursday as jitters over the Federal Reserve's forecast of an economic slowdown were calmed by upbeat economic data. All three major US stock indexes ended the session in the black, with the Nasdaq show

Published 23 Mar, 2019 12:00am

Indian shares plunge

Indian shares settled lower on Friday as investors booked profits, while losses in energy stocks also weighed. However, both indexes gained for the fifth consecutive week. The benchmark BSE index closed down 0.58 percent at 38,164.61. It ended the week wi

Published 23 Mar, 2019 12:00am

Treasury yield curve hits flattest since 2007

The spread between the three-month Treasury bill yield and the 10-year note yield shrank to its narrowest level since August 2007 on Thursday in the wake of the Federal Reserve's decision to cease tightening monetary policy as the American economy shows s

Published 23 Mar, 2019 12:00am

Treasury yield curve hits flattest since 2007

Published 23 Mar, 2019 12:00am

Australian shares up; New Zealand at record high

Australian shares rose on Friday, led by financial and healthcare stocks as the market tracked a rally on Wall Street after strong US economic data eased worries about a slowing economy. The S&P/ASX 200 index climbed 0.45 percent or 28 points to close at

Published 23 Mar, 2019 12:00am

China stocks flat

China stocks ended almost flat on Friday ahead of a new round of Sino-US trade talks next week, but posted weekly gains of about 2.5 percent on expectations of more policy measures to spur growth in the world's second-largest economy.

Published 23 Mar, 2019 12:00am

European shares deepen losses on slew of dismal PMIs

European stock markets deepened losses on Friday, closing near session lows, as fears of a slowdown in global growth after weak manufacturing data from across Europe were exacerbated by dismal data from the United States.

Published 23 Mar, 2019 12:00am

Hong Kong stocks unchanged

Hong Kong stocks recouped losses to end largely unchanged on Friday, boosted by a late-session rally in index-heavyweight Tencent Holdings, as caution reigned ahead of a fresh round of Sino-US trade talks. The Hang Seng index rose 0.1 percent to 29,113.36

Published 23 Mar, 2019 12:00am

Southeast Asian stocks: Philippines gains on hopes of policy easing

Most Southeast Asian stock markets ended higher on Friday, with Philippines rising to a near six-week closing peak amid expectation of monetary policy easing after the central bank cut its 2019 inflation forecast.

Published 23 Mar, 2019 12:00am

FTSE sinks as Brexit relief spurs sterling, weak activity data weighs

London's FTSE 100 retreated from multi-month highs to endure its worst day so far this year as a surge in the pound weakened exporter stocks and poor manufacturing data from the euro zone and the United States pulled the index deeper into the red.

Published 23 Mar, 2019 12:00am

Osaka advances, Nishikori falls in Miami tennis openers

World number one Naomi Osaka of Japan opened her campaign at the WTA and ATP Miami Open on Friday by outlasting Yanina Wickmayer 6-0, 6-7 (3/7), 6-1. Since winning her second consecutive Grand Slam title in January at the Australian Open, Osaka has failed

Published 23 Mar, 2019 12:00am

Sindh, Balochistan win Women, Men Throw Ball titles

Sindh and Balochistan clinched the National Women and Men titles in the National Throw Ball Women and Men Championship played here at University Campus Indoor Hall. Member Provincial Assembly Sonia Falak Naz was the chief guest on this occasion. Secretary

Published 23 Mar, 2019 12:00am

HEC's Women Cricket Championship begins

Pakistan Cricket Board (PCB) is taking several steps for betterment of female players in the country, said senior general manager Women Cricket (PCB) Shahid Aslam. "We at the PCB are trying to make things better for the female players," he said, speaking

Published 23 Mar, 2019 12:00am

BoK Women Squash: Rushna, Noor, Amna and Komal take berth in semis

Top seed Rushna Mehboob of ZTBL, Amnna Fayyaz of Sindh, Komal Khan of Pakistan Wapda, Noor Ul Ain Ejaz of SNGPL took berth into semi-finals of the ongoing National Bank of Khyber Women Squash Championship being played here at PAF Hashim Khan Squash Comple

Published 23 Mar, 2019 12:00am

Australia beat Pakistan by eight wickets in first ODI

Aaron Finch fired a century as Australia beat Pakistan by eight wickets in the first one-day international in Sharjah on Friday. Captain Finch scored 116 to help Australia chase down a target of 281 in 49 overs. Shaun Marsh and Peter Handscomb were both n

Published 23 Mar, 2019 12:00am

Rakhimov quits as head of crisis-hit amateur boxing association

Gafur Rakhimov stepped down as head of the AIBA, world amateur boxing's governing body, on Friday amid a spat with the International Olympic Committee that could see the sport kicked out of the 2020 Tokyo Games.

Published 23 Mar, 2019 12:00am

Parcel bomb in Ireland matches 'IRA' devices sent to UK

A parcel bomb discovered in Ireland appears to be identical to a series of devices mailed to addresses in Britain earlier this month claimed by a group calling itself the "IRA", police said Friday. The mail sorting office in the west coast city of Limeric

Published 23 Mar, 2019 12:00am

Dollar eases in Asia

The dollar eased against a basket of currencies on Friday while sterling gained slightly on news that Prime Minister Theresa May had bought a bit more time to resolve when and how Britain exits from the European Union. Against a basket of six key rival cu

Published 23 Mar, 2019 12:00am

Currency

Euro slips in Europe

The euro tumbled more than half a percent on Friday to below $1.13 as a much weaker-than-expected German manufacturing survey and falling bond yields prompted traders to cut their positions. While hedge funds have steadily reduced their long euro position

Published 23 Mar, 2019 12:00am

Currency

Early trade in New York: dollar falls against yen

The dollar slid against the safe-haven Japanese yen on Friday as dismal US manufacturing data fuelled worries about the wider economy, and bond yields signalled growing fears of a recession.

Published 23 Mar, 2019 12:00am

Currency

Dollar rebounds against majors in New York

The US dollar rebounded against a basket of currencies on Thursday, recouping all its losses from the previous session as Brexit-related worries hurt sterling and the euro, helping to take the focus off the surprisingly dovish Federal Reserve. The dollar

Published 23 Mar, 2019 12:00am

Currency

Aussie, kiwi up

The Australian and New Zealand dollars were on track for a second consecutive week of gains against the greenback but their advances were limited by a rally in bonds that sent yields to multi-year lows. The Australian dollar was up 0.2 percent so far this

Published 23 Mar, 2019 12:00am

Most currencies subdued; won leads declines

Most Asian currencies were subdued on Friday as investors locked in gains from the previous session after US Federal Reserve affirmed a dovish stance at its policy meeting this week. The South Korean won, which was on track to firm 0.6 percent this week,

Published 23 Mar, 2019 12:00am

Currency

Turkish lira tumbles

Turkey's lira plunged more than 4 percent against the US dollar on Friday, its biggest one-day fall since a currency crisis took hold in August, raising concerns that Turks are increasingly buying up foreign cash as relations deteriorate with the United S

Published 23 Mar, 2019 12:00am

Currency

Sterling rallies

Sterling rallied on Friday, helped by a weaker euro and after European Union leaders gave UK Prime Minister Theresa May a two-week reprieve to decide how Britain will leave the European Union.

Published 23 Mar, 2019 12:00am

$1.5 million Swiss government grant for NDRMF, MoU signed

Secretary, Economic Affairs Division (EAD), Noor Ahmed, and Country Director, Asian Development Bank (ADB), Xiaohong Yang, signed a grant agreement for National Disaster Risk Management Fund (NDRMF), here on Friday.

Published 23 Mar, 2019 12:00am

Government has so far released over 55 percent funds under PSDP

The Pakistan Tehreek-e-Insaf (PTI) government has released Rs 374 billion (55.41 per cent), including Rs 160.3 billion foreign aid for different development projects under the Public Sector Development Programme (PSDP) 2018-19 against the total budgeted a

Published 23 Mar, 2019 12:00am

PAC panel seeks draft proposals to make AGP independent entity

Recommending to the government to make Auditor General Pakistan (AGP) an independent institution, a subcommittee of Public Accounts Committee (PAC) Friday asked the AGP to bring draft proposals in this connection so that the panel can also recommend it to

Published 23 Mar, 2019 12:00am

NPOs, intermediaries: SECP holds session on AML/CFT obligations

The Securities and Exchange Commission of Pakistan (SECP), in collaboration with the Karachi Tax Bar Association (KTBA), conducted an awareness session on the anti-money laundering/ counter-terrorism financing (AML/CFT) obligations of non-profit organizat

Published 23 Mar, 2019 12:00am

Boy among six killed in IoK clashes

A 12-year-old boy was among six people killed in three separate gun battles between freedom fighters and security forces in Indian-occupied Kashmir, the police and army said Friday. Clashes have raged in the restive mountainous region since the deaths of

Published 23 Mar, 2019 12:00am

Former PAS and PSP officers hail government's 'rotation policy'

The retired officers of Pakistan Administrative Service (PAS) and Police Service of Pakistan (PSP) on Friday lauded the government's new Rotation Policy 2019, but stressed the need to ensure transparency in transfer and postings of officers belonging to t

Published 23 Mar, 2019 12:00am

Lahore-Delhi bus service accord may be extended till 2024

Pakistan and India will extend Lahore-Delhi Bus Service for another five years i.e. up to February 15, 2024, soon after Pakistani cabinet approves Indian request, well informed source told Business Recorder. The federal cabinet which is schedule to

Published 23 Mar, 2019 12:00am

Jinnah's portraits exhibition inaugurated

State Bank of Pakistan (SBP) Governor Tariq Bajwa said on Friday it was a matter of pride for him to inaugurate the exhibition by master portrait maker and former principal National College of Arts Saeed Akhtar. He was talking to the media after the inaug

Published 23 Mar, 2019 12:00am

World Bank team visits LCCI

Pakistan should be eying on top position in the international ranking of ease of doing business instead of thinking about jumping just a few notches. Lahore Chamber of Commerce and Industry (LCCI), President Almas Hyder expressed these views while talking

Published 23 Mar, 2019 12:00am

Maryam announces to stand outside jail until access to Nawaz

Pakistan Muslim League-Nawaz (PML-N) leader Maryam Nawaz on Friday said that Nawaz Sharif's kidney disease is at stage-III, but doctors are not allowed to see him. Announcing to stand outside Kot Lakhpat jail until doctors are granted access to treat her

Published 23 Mar, 2019 12:00am

Seminar held at PUILL

Punjab University Institute of Languages and Linguistics has organized one-day seminar in collaboration with Russian Center for Science & Culture on Friday. Dean Faculty of Oriental Learning Prof Dr Saleem Mazhar, Incharge ILL Ashok Kumar Khatri, Adnrey G

Published 23 Mar, 2019 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 24	278.53
USD PKR Interbank Buying / Dec 24	278.33
USD to Japanese Yen / Dec 24	157.14
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
India Sensex / Dec 24	78,472.87
Tokyo Nikkei / Dec 24	38,986.40
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Petrol/Litre / Dec 26	252.10

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Dec 24 Security Investment Bank Limited(SIBL)	5.99 ▲ 1.00 (20.04%)
Next Capital / Dec 24 Next Capital Limited(NEXT)	8.90 ▲ 1.00 (12.66%)
Pak Agro Pack. (GEM) / Dec 24 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9 ▲ 1.00 (12.50%)
Ghani Chem. Ind. / Dec 24 Ghani Chemical Industries Limited(GCIL)	16.13 ▲ 1.47 (10.03%)
Pak Gulf Leasing / Dec 24 Pak-Gulf Leasing Company Limited(PGLC)	14.37 ▲ 1.31 (10.03%)
Popular Islamic / Dec 24 Popular Islamic Modaraba(PIM)	15.58 ▲ 1.42 (10.03%)
Mandviwala / Dec 24 Mandviwala Mauser Plastic Industries(MWMP)	16.59 ▲ 1.51 (10.01%)
Blessed Tex. / Dec 24 Blessed Textiles Limited(BTL)	301.77 ▲ 27.43 (10.00%)
Crescent Cotton / Dec 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5.00 (10.00%)

Stock	Price
S.G.Power / Dec 24 S.G. Power Limited(SGPL)	10.58 ▼ -1.18 (-10.03%)
Olympia Mills / Dec 24 Olympia Mills Limited(OML)	36 ▼ -4.00 (-10.00%)
J.A.Textile / Dec 24 J.A. Textile Mills Limited(JATM)	33.95 ▼ -3.77 (-9.99%)
Sanghar Sugar / Dec 24 Sanghar Sugar Mills Limited(SANSM)	26.16 ▼ -2.90 (-9.98%)
I.C.C. Ind. / Dec 24 ICC Industries Limited(ICCI)	9.85 ▼ -1.07 (-9.80%)
National Silk / Dec 24 The National Silk & Rayon Mills Limited(NSRM)	50.01 ▼ -5.43 (-9.79%)
Gulshan Sp. / Dec 24 Gulshan Spinning Mills Limited(GSPM)	4.10 ▼ -0.40 (-8.89%)
Crescent Fib. / Dec 24 Crescent Fibres Limited(CFL)	40.16 ▼ -3.81 (-8.66%)
Reliance Ins. / Dec 24 Reliance Insurance Company Limited(RICL)	11.55 ▼ -1.05 (-8.33%)

Stock	Volume
WorldCall Telecom / Dec 24 Worldcall Telecom Limited(WTL)	126,573,463 ▲ 0.05
Fauji Foods Ltd / Dec 24 Fauji Foods Limited(FFL)	66,984,381 ▲ 0.49
Cnergyico PK / Dec 24 Cnergyico PK Limited(CNERGY)	66,471,663 ▼ -0.27
Pak Elektron / Dec 24 Pak Elektron Limited(PAEL)	38,651,653 ▼ -1.53
K-Electric Ltd. / Dec 24 K-Electric Limited(KEL)	36,108,956 ▼ -0.18
Sui South Gas / Dec 24 Sui Southern Gas Company Limited(SSGC)	33,467,532 ▼ -0.50
P.T.C.L. / Dec 24 Pakistan Telecommunication Company Ltd(PTC)	33,030,118 ▼ -1.31
TRG Pak Ltd / Dec 24 TRG Pakistan Limited(TRG)	29,441,264 ▲ 3.35
Pace (Pak) Ltd. / Dec 24 Pace (Pakistan) Limited(PACE)	28,106,970 ▼ -0.18

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