News Archives for Print - 2019-04-04

Print - 2019-04-04

Aaj TV - Thursday's schedule

All timings are in PST (Pakistan Standard Time).

Published 04 Apr, 2019 12:00am

Chicago Board of Trade soyabean futures rose for the second day in a row on Tuesday on optimism about a trade deal between the United States and China, traders said. Soyameal and soyaoil futures also closed in positive territory for the second straight da

Published 04 Apr, 2019 12:00am

Canadian canola futures higher

ICE Canadian canola futures rose on Tuesday for a fourth straight session on fund-driven short-covering and a continued slow pace of farmer sales in the wake of contract lows set last month, traders said. Traders have begun rolling short positions forward

Published 04 Apr, 2019 12:00am

Cotton

PMEX daily trading report

On Tuesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,812. The traded value of Metals, Energy and COTS/FX was recorded at PKR 3.544 billion and the number of lots traded 4,729.

Published 04 Apr, 2019 12:00am

European wheat futures slightly firmer

European wheat futures in Paris were slightly firmer in thin volumes on Tuesday, with export-boosting weakness in the euro helping offset a drop in US prices while traders awaited the outcome of a purchase tender by major importer Algeria.

Published 04 Apr, 2019 12:00am

China's iron ore futures jump to a fresh record

China's iron ore futures jumped to a fresh record on Tuesday following more news that supported a tight supply outlook, with BHP saying it expects lower output of the steelmaking raw material due to disruption and damage caused by a cyclone. BHP Group Ltd

Published 04 Apr, 2019 12:00am

Activities at Karachi and Qasim Ports

The Karachi Port handled 194,808 tonnes of cargo comprising 131,989 tonnes of import cargo and 62,819 tonnes of export cargo including 8,027 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday. The total import cargos of

Published 04 Apr, 2019 12:00am

Cotton

Cotton market: Modest business seen on arrival of PCGA report

Selective buying was seen on the cotton market on Wednesday amid arrivals of the Pakistan Cotton Ginners Association (PCGA) fortnightly report, showing figures are down by 6.7 percent against the last year, dealers said. The official spot rate was unchang

Published 04 Apr, 2019 12:00am

US wheat futures mixed

US wheat futures closed mixed on Tuesday, with K.C. hard red winter wheat dropping to a three-week low while Chicago Board of Trade soft red winter wheat edged higher. MGEX spring wheat was sharply lower, with the front-month contract falling 2.3 percent

Published 04 Apr, 2019 12:00am

Brazil's March raw sugar exports lowest since 2012

Brazil, the world's largest sugar producer and exporter, shipped only 955,000 tonnes of raw sugar to foreign buyers in March, the lowest amount for that month since 2012, according to Brazilian Trade Ministry data released on Monday. The small March expor

Published 04 Apr, 2019 12:00am

Renault-Nissan audit raises 'serious questions' over Ghosn

French carmaker Renault said Wednesday that a joint Renault-Nissan audit of their Dutch subsidiary RNBV had raised "serious questions" over millions of euros in expenses incurred by ousted CEO Carlos Ghosn. "Certain expenses which have yet to be precisely

Published 04 Apr, 2019 12:00am

All-out US-China trade war could lift Canada and Mexico: IMF

An all-out trade war would severely damage the US and Chinese economies but could also be a boon to countries like Canada and Mexico, the International Monetary Fund said Wednesday. The world's top two economies themselves would be the biggest losers in t

Published 04 Apr, 2019 12:00am

Putin opens Mercedes plant in Russia

Russian President Vladimir Putin Russia and German Economy Minister Peter Altmaier unveiled a Mercedes-Benz car plant in Russia on Wednesday, praising cooperation between the two countries. "We will support such projects in the future for sure," Putin sai

Published 04 Apr, 2019 12:00am

Bulgaria picks Saudi-led group to build new gas pipeline

Bulgaria's state gas network operator Bulgartransgaz on Wednesday chose a Saudi-led consortium to build a new pipeline through the country intended to hook up to Gazprom's TurkStream project. The consortium between Saudi Arabia's Arkad Engineering and a j

Published 04 Apr, 2019 12:00am

Eurozone March business activity stayed in the doldrums

Business activity across the euro zone was lethargic last month, according to a survey which suggested a downturn in manufacturing is gradually infecting the bloc's dominant services industry. IHS Markit's Euro Zone Composite Final Purchasing Managers' In

Published 04 Apr, 2019 12:00am

UK services sector shrinks for first time since July 2016

Britain's vital services sector shrank in March for the first time in almost three years, with activity slammed by Brexit turmoil and flat economic growth, a key survey showed Wednesday. The purchasing managers' index (PMI) for services fell from 51.3 in

Published 04 Apr, 2019 12:00am

Tesla to show self-driving car progress to investors

Tesla announced on Wednesday that it will give investors an up-close look at its self-driving car in a bid to bolster confidence in the progress of the nascent technology. Tesla co-founder and chief executive Elon Musk and other executives will take part

Published 04 Apr, 2019 12:00am

Shipping data signals weakness in global economy

The volume of US ocean cargo imports arranged by Deutsche Post's DHL Group, United Parcel Service Inc, FedEx Corp and other freight forwarders fell sharply in February, sending a warning on global trade, a key barometer for the world economy. Though just

Published 04 Apr, 2019 12:00am

Fortnum & Mason to open first overseas store in HK

For three centuries it has been the go-to grocer for Britain's royals and aristocrats but now Fortnum & Mason plans to open its first overseas outlet in the former crown colony of Hong Kong. The luxury British department store announced on Wednesday that

Published 04 Apr, 2019 12:00am

Currency

Australian shoppers splurge in boost to retailers, economy

Australian retailers enjoyed their best sales in February since late-2017 in a boon to economic growth in the first quarter, signalling surprising resilience in household consumption and sending the local dollar higher. Retail sales climbed 0.8 percent in

Published 04 Apr, 2019 12:00am

Private-sector hiring hits 18-month low

Hiring in the US private sector slowed for the second month in a row in March, hitting its slowest pace in 18 months, survey data showed Wednesday. The monthly data from payrolls firm ADP comes two days before the more closely watched government report on

Published 04 Apr, 2019 12:00am

US services sector cools in March as labour dries up

The dominant US services sector cooled unexpectedly in March as companies struggled to find qualified workers while production and orders both fell sharply, a private survey showed Wednesday. The decline from a strong February showed growth in the sector

Published 04 Apr, 2019 12:00am

Trade war, Brexit could slow developing Asia's 2019, 2020 growth: ADB

Growth in developing Asia could slow for a second straight year in 2019 and lose further momentum in 2020, the Asian Development Bank (ADB) said on Wednesday, warning of rising economic risks from a bitter Sino-UStrade war and a potentially disorderly Bre

Published 04 Apr, 2019 12:00am

Lengthy bans after 'record' Chinese red-card count

Chinese football dished out two lengthy bans on Wednesday after what has been called the dirtiest start to a Chinese Super League season. There have been 10 red cards in 24 matches so far this campaign, a record for the CSL, according to Chinese media. Th

Published 04 Apr, 2019 12:00am

Messi and Suarez late show for Barca dent Atletico hopes

Lionel Messi and Luis Suarez led Barcelona to a stunning comeback against Villarreal on Tuesday and may have ensured there will be no return for Atletico Madrid in La Liga's title race. Atletico play Barca at the Camp Nou on Saturday and were given fresh

Published 04 Apr, 2019 12:00am

PCB to open fitness and performance camp from April 15

While the prime focus of the Pakistan Cricket Board (PCB) management is on fitness and performance of the players, the board has planned a fitness training camp on April 15, to judge the scale of fitness of the boys. Head coach Mickey Arthur has started c

Published 04 Apr, 2019 12:00am

Annual Sports Gala held at KMU Peshawar

A week-long annual Sports Gala for 2019 was organised at Khyber Medical University Peshawar. The Gala KMU-Institute of Paramedical Sciences stood as champion of the tournament while obtaining 1st position, whereas NCS University System became 2nd and KMU-

Published 04 Apr, 2019 12:00am

Sri Lankan skipper fined

Sri Lanka's cricket board Wednesday fined captain Dimuth Karunaratne $7,000 after he was arrested for drink-driving, with the player also ordered to stand trial next month. Karunaratne, 30, has apologised for his "unbecoming" actions after he was detained

Published 04 Apr, 2019 12:00am

Inzamam terms KP Talent Hunt Program vital for searching new faces

Chief Selector Pakistan Cricket Board (PCB) Inzamam Ul Haq and star wicket-keeper batsman Rashid Latif termed KP Talent Hunt Programme initiated by the Khyber Pakhtunkhwa as a vital step to search out new faces in cricket and seven other games. Talking to

Published 04 Apr, 2019 12:00am

Pele undergoes treatment

Football legend Pele was taken to a Paris hospital as a precaution on Wednesday after suffering from an "infection" but is "doing well", according to members of his entourage. The 78-year-old Brazilian three-time World Cup winner was being treated for "a

Published 04 Apr, 2019 12:00am

New Zealand name untested Blundell in World Cup squad

New Zealand opted for experience in a 15-man squad named Wednesday for this year's cricket World Cup, with rookie Tom Blundell's inclusion as back-up wicketkeeper the only real surprise. The Black Caps hope to shed their tag as valiant losers and claim th

Published 04 Apr, 2019 12:00am

Kashif steers Zalmi to vital win in Media Cricket League

Star-batsman Kashif Aziz elegant knock of 49 runs guided Zalmi to a vital nine runs victory against Markhoor in the ongoing third RMI Media Cricket League being played here at Govt Hasnain Shaheed Higher Secondary School No. 1 ground on Wednesday. Zalmi s

Published 04 Apr, 2019 12:00am

UN chief visits Libya to bolster election push

United Nations Secretary-General Antonio Guterres visited Libya Wednesday ahead of a conference aimed at paving the way for elections to help end years of chaos in the country. "I have just arrived in Libya, totally committed to support a Libyan-led polit

Published 04 Apr, 2019 12:00am

Manhunt in Uganda after US tourist and driver kidnapped

Ugandan security forces are hunting gunmen who abducted an American tourist and her driver inside a national park close to the border with Democratic Republic of Congo, police said Wednesday. Four kidnappers stopped a group of tourists at gunpoint around

Published 04 Apr, 2019 12:00am

Iraqi PM to make first official Iran visit on Saturday

Iraqi premier Adel Abdel Mahdi will travel to Iran on Saturday, a member of his office said, in his first official visit to the country rivalling Washington for influence over Baghdad. The US reimposed tough sanctions on Tehran's energy and finance sector

Published 04 Apr, 2019 12:00am

Black, gay woman elected Chicago mayor in historic vote

: Chicago on Tuesday became the biggest US city to elect a black woman its mayor, as voters put their faith in an openly-gay political novice to tackle difficult problems of economic inequality and gun violence. Lori Lightfoot, a 56-year-old former federa

Published 04 Apr, 2019 12:00am

EU waives visas for Brits despite Gibraltar row

European Union lawmakers approved a law Wednesday that will allow Britons visa-free visits even after a "no deal" Brexit, despite a furious dispute over the status of Gibraltar. The European Parliament's justice committee approved the text of the law that

Published 04 Apr, 2019 12:00am

Eight dead in Morocco road crash

Eight people were killed and 30 others injured in a road crash on Wednesday in northwestern Morocco, authorities in the North African country said. The accident happened when a truck collided with a car carrying farm workers near the coastal town of Moula

Published 04 Apr, 2019 12:00am

Knife attacker kills two at primary school in China

A knife-wielding man killed two people and injured two others at a primary school in central China on Wednesday, the latest such attack to hit the country in recent years. Two injured primary school students have been sent to hospital with no danger to th

Published 04 Apr, 2019 12:00am

Boeing delays capsule's first space test flight

Boeing has delayed from April to August its test flight for its Starliner capsule, intended to carry American astronauts to the International Space Station. The US space agency NASA blamed the delay on "limited launch opportunities" in April and May from

Published 04 Apr, 2019 12:00am

Pence calls Germany stance in Nato 'unacceptable'

US Vice President Mike Pence on Wednesday strongly criticized Germany at Nato's 70th anniversary gathering, saying the ally's level of defense spending and work with Russia on a gas pipeline were "simply unacceptable." "Germany must do more. And we cannot

Published 04 Apr, 2019 12:00am

Trudeau ousts two ex-ministers from Canada ruling party

Canadian Prime Minister Justin Trudeau ousted from his Liberal Party on Tuesday two former ministers whose accusations of political meddling in a prosecution jeopardized his re-election bid. The announcement came at the end of an emergency caucus meeting

Published 04 Apr, 2019 12:00am

Lithuania jails sailor for spying for Russia

A Lithuanian court on Wednesday sentenced a Russian-born sailor to seven years in prison on charges of spying for Moscow, the latest in a string of espionage cases in the region. The court in the Baltic port city of Klaipeda said the Lithuanian citizen ha

Published 04 Apr, 2019 12:00am

Turkey tensions sour Nato's 70th birthday

Turkey on Wednesday insisted that it will buy a missile system from Russia, striking a note of disunity as the Nato alliance opened a 70th birthday party in Washington. Foreign ministers from the 29-member Western alliance are hoping to show a tough, unit

Published 04 Apr, 2019 12:00am

Emirates NBD jumps to 11-year high, lifts Dubai index

Dubai's stock market rose on Wednesday, lifted by gains in top lender Emirates NBD after it agreed to buy Turkey's Denizbank, while Saudi Arabian stocks climbed as banks rose across the board. The Dubai index gained 1.1 percent, with Emirates NBD rising 6

Published 04 Apr, 2019 12:00am

China stocks at over one-year high

China stocks on Wednesday closed at their highest levels since March 2018, aided by more evidence of economic recovery and signs of progress in US-China trade talks.

Published 04 Apr, 2019 12:00am

Wednesday's early afternoon trade: Chip index at record high

US stocks rose on Wednesday, extending a strong start to the quarter as rising hopes of a trade deal with Beijing and bullish reports lifted the semiconductor index to a record high. Advanced Micro Devices Inc jumped 9.08%, the biggest gainer on the S&P 5

Published 04 Apr, 2019 12:00am

Wall Street treads water after rally; Walgreens slumps

The benchmark S&P 500 stock index paused on Tuesday, taking a breather from Monday's strong quarterly kickoff as a decline in shares of Walgreens Boots Alliance Inc weighed and economic data did little to ease growth concerns.

Published 04 Apr, 2019 12:00am

Tokyo stocks surge

Tokyo shares closed higher on Wednesday following a report saying that the US and China were closing in on a deal to end their long-running trade row. The Nikkei 225 index gained 0.97 percent, or 207.90 points, to end at 21,713.21 while the broader Topix

Published 04 Apr, 2019 12:00am

Treasury yields fall

US Treasury yields slipped on Tuesday, with benchmark yields receding from one-week highs as a result of buying from bargain-minded investors and safe-haven demand on renewed worries about Brexit.

Published 04 Apr, 2019 12:00am

Treasury yields fall

US Treasury yields slipped on Tuesday, with benchmark yields receding from one-week highs as a result of buying from bargain-minded investors and safe-haven demand on renewed worries about Brexit.

Published 04 Apr, 2019 12:00am

Australian shares rise; New Zealand slips

Australian shares closed at a near 7-month high on Wednesday as soaring iron ore prices boosted miners, while healthcare stocks surged after Australia's government earmarked record spending for the sector in its pre-poll budget. The S&P/ASX 200 index rose

Published 04 Apr, 2019 12:00am

Indian shares scale record peak

Indian shares hit all-time highs on Wednesday, continuing their rally into a fifth session as upbeat global factors added to investor risk appetite ahead of a central bank policy meeting outcome. The Reserve Bank of India (RBI) is likely to cut rates for

Published 04 Apr, 2019 12:00am

European shares rise on hopes around US-China deal and Brexit

Stocks in Europe climbed for a fourth straight session on Wednesday, propped up by positive sentiment about a potential US-China trade deal, hopes of a smoother Brexit and strong economic data in China and the Eurozone.

Published 04 Apr, 2019 12:00am

Most Southeast: asian stocks flat on bleak growth outlook

Most Southeast Asian markets ended flat on Wednesday after the World Trade Organization cut its 2019 trade growth estimate and the Asian Development Bank trimmed regional economic growth forecast, while Singapore closed at a near eight-month high. World t

Published 04 Apr, 2019 12:00am

FTSE clings to six-month high as potential further Brexit delay lifts mood

The prospect of a further delay to Brexit eased some fears of a disruptive no-deal departure and sparked a rally in homebuilders and banks on Wednesday, helping London's main index hold on to a six-month high, while midcaps outperformed.

Published 04 Apr, 2019 12:00am

Currency

Yen slips, Aussie rises in Asia

The yen slipped and the Australian dollar rose on Wednesday as concerns over the US-China tariff war receded further following a Financial Times report that the two sides have resolved most of the issues standing in the way of a trade deal.

Published 04 Apr, 2019 12:00am

Currency

Aussie, yuan up in European trade

Australia's dollar and the Chinese yuan gained on Wednesday on hopes for an agreement between Beijing and Washington to end their trade conflict, while the euro rebounded as a rally in risk assets dented demand for dollars. Reports of progress in trade ta

Published 04 Apr, 2019 12:00am

Currency

Early trade in New York: Euro gains against greenback

The euro gained against the greenback on Wednesday as hopes of a trade deal between the US and China bolstered risk appetite globally, while the Australian dollar outperformed on strong local and Chinese economic data. The Financial Times reported that th

Published 04 Apr, 2019 12:00am

Currency

Sterling gains, euro pares losses in New York

Sterling gained and the euro pared losses, but remained lower on the day, after British Prime Minister Theresa May said on Tuesday that she would ask the European Union for a further delay to Brexit. May is seeking a delay beyond April 12 to give her time

Published 04 Apr, 2019 12:00am

Latam currencies, stocks rally

Latin American stocks and currencies rallied on Wednesday on continued signs of progress in US-China trade talks and reduced fears of slower global growth as China reported positive economic data. Comments from White House economic adviser Larry Kudlow on

Published 04 Apr, 2019 12:00am

Currency

Most Asian units rise

Most Asian currencies firmed on Wednesday as reports of headway in Sino-US trade talks and easing US bond yields prompted buying of regional risk assets. The Financial Times reported that top officials from Washington and Beijing had resolved most of the

Published 04 Apr, 2019 12:00am

South Africa rand strengthens

South Africa's rand strengthened on Wednesday as hopes of a trade deal between the United States and China bolstered risk appetite globally, while stocks also strengthened in line with global market optimism. At 1541 GMT the rand was 0.42 percent firmer a

Published 04 Apr, 2019 12:00am

Currency

Turkish lira eases

The Turkish lira eased to 5.62 against the dollar early on Wednesday, remaining under pressure after weakening a day earlier as the United States halted delivery of equipment related to a Turkish order of F-35 fighter planes.

Published 04 Apr, 2019 12:00am

Currency

Sterling steadies

Sterling held below $1.31 on Wednesday as Prime Minister Theresa May sought a Brexit compromise with opposition leader Jeremy Corbyn in a last-ditch effort to end a national crisis. The United Kingdom was supposed to leave the EU last Friday, but it is st

Published 04 Apr, 2019 12:00am

Currency

Sri Lankan rupee snaps winning edge

The Sri Lankan rupee snapped a six-session winning streak to end lower on Wednesday due to importer dollar demand, but greenback inflows from inward remittances ahead of the traditional new year capped further decline, sources said.

Published 04 Apr, 2019 12:00am

Currency

Aussie, kiwi up

The Australian dollar rallied on Wednesday as domestic and Chinese economic data proved surprisingly strong, while another report circulated that the Sino-US trade dispute might be close to a resolution. The Aussie dollar hopped up 0.4 percent to $0.7099,

Published 04 Apr, 2019 12:00am

Putin, new Kazakh leader talk up military, nuclear cooperation

Russian President Vladimir Putin and Kazakhstan's new president discussed Wednesday boosting political and military cooperation as the two leaders met after the shock resignation of strongman Nursultan Nazarbayev. Kazakhstan's new president Kassym-Jomart

Published 04 Apr, 2019 12:00am

Palestinian shot dead

A Palestinian attempted to stab an Israeli in the occupied West Bank on Wednesday before being shot dead, Israeli and Palestinian officials said. The Israeli army said a Palestinian tried to carry out a stabbing attack near a military checkpoint close to

Published 04 Apr, 2019 12:00am

France to ban popular breast implants over cancer risk

France is to ban a popular type of breast implant which has been linked to a rare form of cancer, Le Monde newspaper and French public radio reported Wednesday, citing a letter from health authorities to implant manufacturers.

Published 04 Apr, 2019 12:00am

Harry and Meghan break Instagram followers record

Britain's Prince Harry and his wife Meghan broke a record by reaching one million followers on their newly-launched Instagram account in less than six hours, Guinness World Records said Wednesday. The "sussexroyal" account, which so far has only one post

Published 04 Apr, 2019 12:00am

Canada makes second arrest in Chinese student's abduction

A second man accused in the kidnapping of a Chinese student in Canada was due in court Wednesday as police hunted two more suspects considered armed and dangerous. York Regional Police said the 33-year-old was arrested at a Toronto area home on Tuesday, a

Published 04 Apr, 2019 12:00am

Guaido stripped of immunity, can face prosecution

Venezuelan lawmakers loyal to President Nicolas Maduro stripped opposition leader Juan Guaido's immunity Tuesday - and authorized the high court to criminally prosecute him for proclaiming himself the crisis-hit country's ruler.

Published 04 Apr, 2019 12:00am

May holds 'constructive' Brexit crisis talks with UK opposition

Prime Minister Theresa May held "constructive" talks Wednesday with Britain's opposition leader in a bid to forge a Brexit compromise that avoids a chaotic "no-deal" departure from the EU in nine days. May tore up her steadfast strategy and sought Labour

Published 04 Apr, 2019 12:00am

German charity ship rescues 64 migrants off Libya

A German charity rescue ship has picked up 64 migrants, including women and children, stranded off Libya while trying to cross the Mediterranean and enter Europe. The Watch the Med association said it received a call for help from the stricken inflatable

Published 04 Apr, 2019 12:00am

Cyclone-hit Mozambique launches mass cholera vaccination blitz

A vaccination campaign was launched in Mozambique's central city of Beira on Wednesday after a cyclone slammed into the region and unleashed an outbreak of cholera, authorities said. International relief agencies and the health ministry are hoping to immu

Published 04 Apr, 2019 12:00am

EU launches new action against Poland to protect judges

The EU on Wednesday launched fresh action against Poland over its controversial judicial reforms, saying a new disciplinary regime for judges would have a "chilling effect" on legal freedoms. And it fired off a warning to Romania's government over controv

Published 04 Apr, 2019 12:00am

Currency

Algerians demand sweeping change as Bouteflika era ends

Flag-waving Algerians have celebrated the resignation of veteran president Abdelaziz Bouteflika, but vowed Wednesday to keep protesting to demand sweeping change to the country's political system. The 82-year-old's departure, announced on state media late

Published 04 Apr, 2019 12:00am

Trump says '100 percent' ready to shut down Mexico border

President Donald Trump said Tuesday he is "100 percent" prepared to close down the US-Mexico border, warning Congress and Central American governments to take action to stem the flow of migrants into the country.

Published 04 Apr, 2019 12:00am

Cotton

Cotton futures descend

ICE cotton futures fell on Wednesday as investors rolled their positions forward from the front month contract.

Published 04 Apr, 2019 12:00am

Base metals rise on optimism over trade talks, Chinese data

Prices of copper and other industrial metals rose on Wednesday as strong Chinese manufacturing data and reports of progress in US-China trade talks bolstered the demand outlook. Copper also reflected indigenous leaders in Peru rejecting talks with the gov

Published 04 Apr, 2019 12:00am

Oil eases on US crude stock build but holds near five-month high

Oil prices edged down on Wednesday after US government data showed a surprise build in crude inventories, but futures held near their highest in almost five months as OPEC-led output cuts and sanctions on Iran tightened the supply outlook.

Published 04 Apr, 2019 12:00am

Tokyo rubber tracks Shanghai rally

Tokyo Commodity Exchange (TOCOM) futures recovered on Wednesday, tracking a rally in Shanghai futures amid growing optimism over Chinese economy on the back of a strong economic indicator. The benchmark TOCOM rubber contract for September delivery finishe

Published 04 Apr, 2019 12:00am

Vegetable Oil

Palm oil hits two-week high

Malaysian palm oil futures rose to a two-week high during trade on Wednesday, posting a third straight day of gains, on expectations of easing stockpiles and tracking strength in soyaoil on the US Chicago Board of Trade (CBOT). The benchmark palm oil cont

Published 04 Apr, 2019 12:00am

Currency

Coffee rebounds from 13-year lows

Arabica coffee futures on ICE jumped on Wednesday, as a stronger Brazilian currency helped futures rebound from the 13-year lows seen in the previous session, while sugar fell and cocoa prices rose. May arabica coffee settled up 3.7 cents, or 4 percent, a

Published 04 Apr, 2019 12:00am

Gold prices down in Asia

Gold prices edged lower on Wednesday as safe-haven demand for the metal was hurt by a risk-conducive environment with equities rallying to seven-month highs, while a weaker dollar limited bullion's losses. Spot gold edged 0.2 percent lower to $1,290.81 pe

Published 04 Apr, 2019 12:00am

Gold slips in Europe

Gold prices slipped on Wednesday as stock markets rallied globally on hopes the United States and China could clinch a trade deal, while a weaker dollar limited bullion's losses. Spot gold was down 0.3 percent at $1,289.46 per ounce as of 09:57 a.m. EDT (

Published 04 Apr, 2019 12:00am

US MIDDAY: Spring wheat fall further

US spring wheat futures fell 1.1 percent to their lowest in nearly nine months on Wednesday as the latest weather forecasts eased fears about flooding in the northern US Plains forcing farmers to cut back on their acreage plans for the crop.

Published 04 Apr, 2019 12:00am

US MIDDAY: gold dips

Gold prices slipped on Wednesday as stock markets rallied globally on hopes the United States and China could clinch a trade deal, while a weaker dollar limited bullion's losses.

Published 04 Apr, 2019 12:00am

Mutual Funds

Kohat Cement Limited (KOHC)

Among mid-tier cement manufacturers, Kohat Cement (PSX: KOHC) is the one to beat in fundamentals with consistent capacity utilisation and better management of costs that have resulted in flourishing margins at times when the industry demand was up, and le

Published 04 Apr, 2019 12:00am

Mutual Funds

Kohat Cement Limited (KOHC)

Published 04 Apr, 2019 12:00am

High-level KSA delegation visits IIUI

A high level delegation of the officials of Kingdom of Saudi Arabia (KSA) visited International Islamic University (IIU), Islamabad on Wednesday where it discussed issues of mutual interest and bilateral cooperation between IIUI and Saudi educational inst

Published 04 Apr, 2019 12:00am

NUST launches major policy research & advocacy centre

National University of Sciences & Technology (NUST), Pakistan's Higher Education Institution, launched its major policy research and advocacy centre on Wednesday and arranged seminar on Pakistan-India Relations and the Resurgence of Freedom Struggle in IH

Published 04 Apr, 2019 12:00am

Cotton

10.77 million cotton bales reach ginneries

Seed cotton (Phutti) equivalent to 10.77 or 10,772,306 bales have reached ginneries across Pakistan till April 1, 2019, registering a shortfall by 6.9 per cent compared to corresponding period of last year.

Published 04 Apr, 2019 12:00am

First Facebook innovation lab launched at LUMS

Facebook and Pakistan's Ministry of Information Technology along with the National Technology Fund (IGNITE) launched the first Facebook Innovation Lab located in the National Incubation Centre (NIC) on Wednesday at the Lahore University of Management Scie

Published 04 Apr, 2019 12:00am

New innovations to Oracle HCM Cloud announced

To help organizations keep up with the evolving expectations of the global talent economy, Oracle has announced new innovations to Oracle Human Capital Management (HCM) Cloud.

Published 04 Apr, 2019 12:00am

KPRA to increase annual revenue to Rs 50 billion in five years

Khyber Pakhtunkhwa Revenue Authority (KPRA) will increase its annual revenue to Rs 50 billion by the year 2023. This was told during a briefing to the Chief Minister KP Mahmood Khan by the officials of the authority here at Chief Minister's Secretariat on

Published 04 Apr, 2019 12:00am

AJK denounces aggressive Indian posture & firing along LoC

Azad Jammu and Kashmir government Wednesday strongly denounced the continual hostile and aggressive attitude of Indian Prime Minister Nerendra Modi against Pakistan and the unprovoked Indian shelling from across the Line of Control (LoC).

Published 04 Apr, 2019 12:00am

PPDWP approves three uplift schemes

The Punjab Provincial Development Working Party has approved three development schemes of various sectors with an estimated cost of Rs 3817.581 million while three other schemes of agriculture and forestry sectors of Rs 58241.377 million were recommended

Published 04 Apr, 2019 12:00am

Need stressed for nurturing local industry to reduce import bill

Terming the import bill and unemployment as the biggest economic challenges of Pakistan, experts believe that nurturing local industry will help reduce import bill and generate more employment opportunities.

Published 04 Apr, 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 23	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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