News Archives for Print - 2019-04-28 - Business Recorder

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Print - 2019-04-28

Government can fund health programmes through tobacco tax reforms: experts

Government can fund health programmes through tobacco tax reforms: experts

Tobacco tax reforms and additional revenue collection from the product can help the government fund its different health programmes, especially in the rural areas of the country including tobacco control programmes. Experts and speakers said this while ad

Published 28 Apr, 2019 12:00am

PBIT signs three accords with German delegation

PBIT signs three accords with German delegation

In pursuance to promote potential investment opportunities, willingness to work together to synergize the efforts for greater efficiency, Punjab Board of Investment and Trade (PBIT) has inked three important Framework Cooperation Agreements with a high po

Published 28 Apr, 2019 12:00am

Ceramic industry perturbed over FTA talks with China

Ceramic industry perturbed over FTA talks with China

The negotiations on Free Trade Agreement (FTA) with China have perturbed local industry according to which the government has failed to protect, even after acknowledging the dumping of goods from China. In context of recent assurance by Commerce Division

Published 28 Apr, 2019 12:00am

Maple Leaf Cement wins Health, Safety & Environment Award

Maple Leaf Cement wins Health, Safety & Environment Award

Maple Leaf Cement Factory Limited received award for Health, Safety & Environment 2019 in a graceful ceremony organized by The Professionals Network (TPI) in Annual Environment Excellence Awards 2019, said a company spokesman announcement. The said award

Published 28 Apr, 2019 12:00am

Plastic pollution poses danger to marine life

Plastic pollution poses danger to marine life

Experts on Saturday warned plastic pollution damaging to the fresh water and the oceans, saying that the unsolvable material poses threats to the rivers and marine life. They urged the society to deal with the issue seriously and step up efforts to scale

Published 28 Apr, 2019 12:00am

Buzdar lays foundation of Nishtar Hospital's Phase-II

Buzdar lays foundation of Nishtar Hospital's Phase-II

Punjab Chief Minister Sardar Usman Buzdar on Saturday laid the foundation stone of Nishtar Hospital phase II. Speaking on the occasion, he said in the first phase, a 500-bed hospital will be constructed with an emergency ward comprising 120 beds.

Published 28 Apr, 2019 12:00am

SU VC vows to get varsity included among top 10

SU VC vows to get varsity included among top 10

The SU Vice Chancellor Professor Doctor Fateh Muhammad Burfat has said that the University of Sindh has been placed on number 20 in HEC ranking of over 274 varsities of the country, pledging that it will be included in top ten within a year or two. He sai

Published 28 Apr, 2019 12:00am

NAB sends questionnaire to Hamza

NAB sends questionnaire to Hamza

National Accountability Bureau (NAB) has sent questionnaire to Opposition Leader in Punjab Assembly Hamza Shahbaz in assets beyond income and alleged money laundering cases ahead of his appearance before the NAB on April 30. NAB had already summoned Hamza

Published 28 Apr, 2019 12:00am

APBF seeks incentives for overseas Pakistanis to further boost up remittances

APBF seeks incentives for overseas Pakistanis to further boost up remittances

The All Pakistan Business Forum (APBF) has suggested the government to announce incentives for oversees Pakistanis to further boost up foreign remittances, besides enhancing investment in the country by Pakistani expatriates.

Published 28 Apr, 2019 12:00am

FTA with China today: government efforts in getting duty-free access to 313 items lauded

FTA with China today: government efforts in getting duty-free access to 313 items lauded

As Pakistan and China are going to sign the second phase of Free Trade Agreement (FTA) in Beijing on Sunday (today) the Pakistan Industrial and Traders Associations Front (PIAF) has welcomed the government efforts to convince China for extending duty-free

Published 28 Apr, 2019 12:00am

Sindh facing difficulties in hiring services of medical specialists: Awan

Sindh facing difficulties in hiring services of medical specialists: Awan

Sindh Secretary Health Saeed Awan has said that the government is facing immense difficulties in hiring trained and qualified medical specialists for its tertiary-care hospitals in the province. "Private sector and NGOs should cooperate and support to pro

Published 28 Apr, 2019 12:00am

Mercury to soar over 40° Celsius in Karachi

Mercury to soar over 40° Celsius in Karachi

Temperature is expected to soar up to 42 degrees Celsius between May 1 and May 3, 2019, as the Met Office on Saturday alerted the authorities to the heat waves and asked them to take precautionary measures. Winds will blow from North and Northwest during

Published 28 Apr, 2019 12:00am

PAE holds symposium on 'Water stress'

PAE holds symposium on 'Water stress'

Speakers, at the symposium on "Water stress", said that recycling of wastewater could play a key role in reducing water stress in Pakistan. The symposium was organised by the Pakistan Academy of Engineering (PAE), here at a local hotel on Saturday. The fo

Published 28 Apr, 2019 12:00am

CG proposes Pak-Indonesia collaboration in health, other sectors

CG proposes Pak-Indonesia collaboration in health, other sectors

Consul General of Indonesia Totok Prianamto has called for collaboration between Pakistan and Indonesia in all fields of trade, industry, education and more importantly, health. Speaking at the blood donation drive organised by Afzaal Memorial Thalassemia

Published 28 Apr, 2019 12:00am

CG proposes Pak-Indonesia collaboration in health, other sectors

CG proposes Pak-Indonesia collaboration in health, other sectors

Consul General of Indonesia Totok Prianamto has called for collaboration between Pakistan and Indonesia in all fields of trade, industry, education and more importantly, health. Speaking at the blood donation drive organised by Afzaal Memorial Thalassemia

Published 28 Apr, 2019 12:00am

Amirul Azeem named new JI secretary general

Amirul Azeem named new JI secretary general

Chief of Jamaat-e-Islami, Pakistan, Senator Sirajul Haq has appointed Amirul Azeem as the new Secretary General of the JI for the next five years. The appointment has been made with the consultation of the newly elected Shoora members of the JI. Amirul Az

Published 28 Apr, 2019 12:00am

MoHR, SJA sign MoU to create awareness about HR laws

MoHR, SJA sign MoU to create awareness about HR laws

The Ministry of Human Rights (MoHR) and Sindh Judicial Academy (SJA) have signed a MoU with the aim to train judges in laws pertaining to human rights and build awareness of the national & international human rights framework. The signing ceremony was hel

Published 28 Apr, 2019 12:00am

First 'Undergraduate Research Conference' held at Habib University

First 'Undergraduate Research Conference' held at Habib University

Habib University's Social Development and Policy Programme held its first Undergraduate Research Conference on Saturday. The conference highlighted the research contributions of its senior students and alumni as well as class projects. Dr Ambar Darr, Seni

Published 28 Apr, 2019 12:00am

Efforts under way for Balochistan's progress: CM

Efforts under way for Balochistan's progress: CM

Balochistan Chief Minister Mir Jam Kamal Khan has said that government is making all-out effort for progress and prosperity of the province. He stated this while addressing a meeting held at the Chief Minister Secretariat in Quetta on Saturday. The meetin

Published 28 Apr, 2019 12:00am

Purchase & supplies of yarn: PWMA terms FBR notices to zero-rated sector 'unjustified'

Purchase & supplies of yarn: PWMA terms FBR notices to zero-rated sector 'unjustified'

Textile industry has expressed serious concern over the issuance of notices to zero-rated sector by the Federal Board of Revenue (FBR). Yousuf Yaqoob Chairman Pakistan Weaving Mills Association (PWMA) said that the FBR's show-cause notices under section 1

Published 28 Apr, 2019 12:00am

USAID engaged in developing and upgrading 600 schools in Sindh: official

USAID engaged in developing and upgrading 600 schools in Sindh: official

Pakistan has considerable potential to develop with its major strength lies in its 60 percent youth population to propel it on path of self-reliance, said Michael Hryshchyshyn, Director USAID here on Saturday. He was speaking at a luncheon meeting, organi

Published 28 Apr, 2019 12:00am

Lucky Cement records Rs 9.26 billion PAT

Lucky Cement records Rs 9.26 billion PAT

On a consolidated basis, Lucky Cement Limited reported net profit after tax of Rs 9.26 billion after taking out Rs 0.74 billion attributable to non-controlling interests for the nine months ended March 31, 2019, which translates into earnings per share (E

Published 28 Apr, 2019 12:00am

Lucky Cement records Rs 9.26 billion PAT

Lucky Cement records Rs 9.26 billion PAT

On a consolidated basis, Lucky Cement Limited reported net profit after tax of Rs 9.26 billion after taking out Rs 0.74 billion attributable to non-controlling interests for the nine months ended March 31, 2019, which translates into earnings per share (E

Published 28 Apr, 2019 12:00am

Erdogan slams Macron over 'Armenia genocide' remembrance

Erdogan slams Macron over 'Armenia genocide' remembrance

Turkish President Recep Tayyip Erdogan upped his war of words Saturday with French counterpart Emmanuel Macron for creating a day of remembrance for the 1915 Armenian "genocide". Macron decided in February to formally to mark the mass killings and forced

Published 28 Apr, 2019 12:00am

Global software 'glitch' leaves Air India passengers stranded

Global software 'glitch' leaves Air India passengers stranded

Thousands of Air India passengers were stranded at airports across the world Saturday, after a software "glitch" left those travelling with the state-run airline unable to check in, officials said. More than 80 domestic and international flights were dela

Published 28 Apr, 2019 12:00am

Bashir's Islamist allies pelted with rocks in Khartoum

Bashir's Islamist allies pelted with rocks in Khartoum

Assailants hurled rocks at leading members of Sudan's top Islamist party on Saturday at a meeting in Khartoum, injuring 32 of them, a party official told AFP. The Popular Congress Party (PCP), an ally of ousted president Omar al-Bashir's regime, was holdi

Published 28 Apr, 2019 12:00am

Japan kicks off unprecedented long holiday

Japan kicks off unprecedented long holiday

Japan on Saturday kicked off an unprecedented 10-day holiday, including celebration days for the imperial transition, as airports were packed with record travellers while people queued at teller machines in the cash-dominated nation. Japan is preparing fo

Published 28 Apr, 2019 12:00am

Former Ethiopian president dies

Former Ethiopian president dies

Former Ethiopian president Negasso Gidada has died in Germany where he was undergoing medical treatment for an unspecified illness, state broadcaster EBC reported on Saturday. Negasso, who was 75, was president between 1995 and 2001 and was the first head

Published 28 Apr, 2019 12:00am

Two Koreas mark Moon-Kim summit anniversary with different tones

Two Koreas mark Moon-Kim summit anniversary with different tones

North and South Korea Saturday struck different notes as they marked the first anniversary of a summit between their leaders that fuelled a whirlwind of diplomacy which has died down amid deadlock over Pyongyang's denuclearisation.

Published 28 Apr, 2019 12:00am

Trump, US media in open war on annual dinner date

Trump, US media in open war on annual dinner date

It's meant to be the annual Washington love-in, a dinner where White House journalists and the president yuck it up in a hotel ballroom. But this Saturday, President Donald Trump will stand up his dates. Members of the White House Correspondents' Associat

Published 28 Apr, 2019 12:00am

China's industrial profits pick up in March with 13.9 percent rise

China's industrial profits pick up in March with 13.9 percent rise

Profits at China's industrial firms grew in March, rebounding from four months of contraction, adding to optimism the world's second-largest economy may be starting to stabilise. A return to profits could add to the debate over how much more stimulus Beij

Published 28 Apr, 2019 12:00am

Poverty, corruption mean South Africans still not free: president

Poverty, corruption mean South Africans still not free: president

A quarter of a century after the end of the apartheid in South Africa many people remain trapped in poverty, in part because of rampant corruption, President Cyril Ramaphosa said Saturday. "We cannot be a nation of free people when so many still live in p

Published 28 Apr, 2019 12:00am

China police smash $30 million fake Lego ring

China police smash $30 million fake Lego ring

Chinese police have dismantled a ring accused of manufacturing some $30 million worth of counterfeit Lego sold across the country, authorities said. Police earlier this week raided the premises of Lepin - a Chinese toymaker manufacturing Lego knockoffs in

Published 28 Apr, 2019 12:00am

Tesla CEO Musk strikes deal with market regulators over tweets

Tesla CEO Musk strikes deal with market regulators over tweets

Elon Musk and US stock market regulators told a US court on Friday that they have reached a deal to settle their differences over the Tesla chief executive's Twitter use. The settlement between Musk and the Securities and Exchange Commission sets out clea

Published 28 Apr, 2019 12:00am

SAS grounds more flights as pilot strike continues

SAS grounds more flights as pilot strike continues

Scandinavian airline SAS cancelled hundreds of flights scheduled for Sunday as a pilot strike entered its second day, disrupting the travel plans of tens of thousands of passengers. SAS pilots went on strike on Friday as wage talks broke down, grounding a

Published 28 Apr, 2019 12:00am

Sudan signs $200 million loan with Kuwait-based fund

Sudan signs $200 million loan with Kuwait-based fund

Sudan has signed a deal for a $200 million loan from the Kuwait-based Arab Fund for Economic and Social Development, state news agency SUNA reported on Saturday. The loan would be used to support development projects in Sudan, SUNA said without giving fur

Published 28 Apr, 2019 12:00am

Soft inflation data gives dollar rally pause

Soft inflation data gives dollar rally pause

The dollar fell against a basket of currencies on Friday, snapping a three-day streak of gains, after an overall strong US first-quarter growth report was overshadowed by soft inflation data. Gross domestic product increased at a 3.2 percent annualized ra

Published 28 Apr, 2019 12:00am

Bearish bets on won rise; ringgit, baht long positions reverse

Currency

Bearish bets on won rise; ringgit, baht long positions reverse

Investors wary of a slowdown in the South Korean economy stacked up bearish bets against the won in the past two weeks, a Reuters poll showed, while bullish bets on the Malaysian ringgit reversed on capital outflow fears. The US dollar's recent strength o

Published 28 Apr, 2019 12:00am

Speculators net long dollars touch highest since December 2015

Currency

Speculators net long dollars touch highest since December 2015

Speculators increased their net long US dollar bets in the latest week to the highest level since December 2015, according to calculations by Reuters and US Commodity Futures Trading Commission data released on Friday. The value of the net long dollar pos

Published 28 Apr, 2019 12:00am

US money market assets fall

US money market assets fall

US money market fund assets fell for a second straight week but at a slower pace than the prior week, when assets tumbled on heavy withdrawals tied to annual federal tax payments, a private report released on Wednesday showed. Money fund assets decreased

Published 28 Apr, 2019 12:00am

Canadian dollar strengthens

Currency

Canadian dollar strengthens

The Canadian dollar strengthened against its US counterpart on Friday, following data that showed factors driving faster growth in the US economy that are likely to be temporary. US economic growth accelerated in the first quarter, but the burst in growth

Published 28 Apr, 2019 12:00am

African currencies week ahead: mixed end-month outlook for African currencies

Currency

African currencies week ahead: mixed end-month outlook for African currencies

Ugandan, Zambian and Tanzanian currencies are expected to strengthen against the US dollar next week, with Nigeria's and Kenya's seen easing.

Published 28 Apr, 2019 12:00am

S&P, Nasdaq notch record closes from GDP, earnings boost

S&P, Nasdaq notch record closes from GDP, earnings boost

A surprisingly strong report card on the US economy helped power the benchmark S&P 500 and Nasdaq Composite indexes to record high closes on Friday, capping a week of gains for stocks that came largely on the back of resilient corporate profits.

Published 28 Apr, 2019 12:00am

Italy bond yields plummet

Italy bond yields plummet

Italy's government bond yields fell sharply on Friday, pulling back from recent seven-week highs, on bets that S&P Global will refrain from downgrading the country at a ratings review. S&P Global will review Italy's sovereign credit rating after the marke

Published 28 Apr, 2019 12:00am

Italy bond yields plummet

Italy bond yields plummet

Italy's government bond yields fell sharply on Friday, pulling back from recent seven-week highs, on bets that S&P Global will refrain from downgrading the country at a ratings review. S&P Global will review Italy's sovereign credit rating after the marke

Published 28 Apr, 2019 12:00am

After coffee, Louis Dreyfus to invest in poultry IPO

After coffee, Louis Dreyfus to invest in poultry IPO

Commodity giant Louis Dreyfus Company (LDC) is to invest in the stock market flotation of Asian poultry and food company Leong Hup International, adding to a shift down the food chain after it also joined a share offering by China's Luckin Coffee. LDC, on

Published 28 Apr, 2019 12:00am

After coffee, Louis Dreyfus to invest in poultry IPO

After coffee, Louis Dreyfus to invest in poultry IPO

Commodity giant Louis Dreyfus Company (LDC) is to invest in the stock market flotation of Asian poultry and food company Leong Hup International, adding to a shift down the food chain after it also joined a share offering by China's Luckin Coffee. LDC, on

Published 28 Apr, 2019 12:00am

Uber pulls back on valuation with IPO pricing

Uber pulls back on valuation with IPO pricing

Uber pulled back on its ambitious valuation target Friday for its Wall Street debut, while still pricing its share offering in a range that would make it one of the largest in recent years in the tech sector. The ride-hailing firm said in a securities fil

Published 28 Apr, 2019 12:00am

Uber pulls back on valuation with IPO pricing

Uber pulls back on valuation with IPO pricing

Uber pulled back on its ambitious valuation target Friday for its Wall Street debut, while still pricing its share offering in a range that would make it one of the largest in recent years in the tech sector. The ride-hailing firm said in a securities fil

Published 28 Apr, 2019 12:00am

Investors bolster oversight in emerging-market private equity after Abraaj collapse

Investors bolster oversight in emerging-market private equity after Abraaj collapse

Investors in private equity funds that focus on emerging markets are tightening oversight after the collapse of a Middle East buyyout firm, a survey has found Many investors said they planned to put more money into such funds over the next two years, but

Published 28 Apr, 2019 12:00am

Investors bolster oversight in emerging-market private equity after Abraaj collapse

Investors bolster oversight in emerging-market private equity after Abraaj collapse

Investors in private equity funds that focus on emerging markets are tightening oversight after the collapse of a Middle East buyyout firm, a survey has found Many investors said they planned to put more money into such funds over the next two years, but

Published 28 Apr, 2019 12:00am

Argentina sees high soyabean yields

Argentina sees high soyabean yields

Argentina farmers have harvested more than half of their expected 2018-19 soyabean crop as mild weather has contributed to an ample average yield of 3.82 tonnes per hectare, the Buenos Aires Grains Exchange said in its weekly report on Thursday. The crop

Published 28 Apr, 2019 12:00am

China's Australian coking coal imports double in March

China's Australian coking coal imports double in March

China's imports of Australian coking coal nearly doubled in March from a month earlier, customs data showed on Thursday, as a flurry of shipments were accepted after being delayed at customs clearance for more than a month. Arrivals of Australian coking c

Published 28 Apr, 2019 12:00am

Philippines buy feed wheat

Philippines buy feed wheat

Millers in the Philippines this week bought 55,000 tonnes of feed in a tender at $203 a tonne, including cost and freight, for shipment in August, traders said. Milling wheat from the Black Sea region with 11.5 percent protein was being offered between $2

Published 28 Apr, 2019 12:00am

Cotton prices soar on fears of delay in new crop arrivals

Cotton

Cotton prices soar on fears of delay in new crop arrivals

Fears of likely delay in new cotton crop pushed the rates further higher on the local markets on Saturday in process of trading activity, dealers said. In a single day rally, the official spot rate gained further Rs 100 and within a week rose by Rs 150 to

Published 28 Apr, 2019 12:00am

China's imports of US soyabeans rise in March

China's imports of US soyabeans rise in March

China's imports of soyabeans from the United States, the second-largest supplier to the country in 2018, rose in March from the previous month as more cargoes booked during a truce in the trade dispute between the two countries arrived.

Published 28 Apr, 2019 12:00am

Brazil sugar production falls 52 percent at the start of new crop

Brazil sugar production falls 52 percent at the start of new crop

Sugar production in Brazil's center-south region fell 52 percent in the first two weeks of the new season compared with the same period in the previous crop, as rains disrupted processing and mills delayed operations, industry group Unica said on Thursday

Published 28 Apr, 2019 12:00am

Good weather puts Russia, Ukraine on track for large grain crop

Good weather puts Russia, Ukraine on track for large grain crop

Favourable weather during spring grain sowing in Black Sea producers Russia and Ukraine is increasing the chances of another large grain harvest due to healthy levels of soil moisture, analysts and traders said. Russia, a major global wheat exporter to No

Published 28 Apr, 2019 12:00am

South Africa's 2019 maize harvest seen 15 percent lower

South Africa's 2019 maize harvest seen 15 percent lower

South Africa is expected to harvest 15 percent less maize in 2019 compared to the previous season after dry conditions delayed plantings, the government's Crop Estimates Committee (CEC) said on Thursday.

Published 28 Apr, 2019 12:00am

Cotton dips as Texas rains improve planting conditions

Cotton

Cotton dips as Texas rains improve planting conditions

ICE cotton futures settled lower on Friday, extending falls for a second week, as rains across West Texas boost favourable planting conditions for the natural fibre. The most-active cotton contract on ICE Futures US July settled down 0.62 cent, or 0.79 pe

Published 28 Apr, 2019 12:00am

Australia begins wheat planting season under cloud of 3rd year of drought

Australia begins wheat planting season under cloud of 3rd year of drought

Australian farmers kicked off this year's wheat planting season on Anzac Day in bone-dry soil conditions as a third consecutive year of drought across the country's key growing regions casts a pall over production prospects. In a further blow to Australia

Published 28 Apr, 2019 12:00am

Shadab Khan returning home tomorrow

Shadab Khan returning home tomorrow

Pakistani spinner Shadab Khan is returning to Islamabad from London on Monday after his check up by Dr Patrick Kennedy, world renowned gastroenterologist and hepatologist who specialized in liver disease in elite sportsmen.

Published 28 Apr, 2019 12:00am

Leisure Leagues Karachi Intra-City Championship begins

Leisure Leagues Karachi Intra-City Championship begins

The Leisure Leagues Karachi Intra-City Six-a-Side Football Championship commenced here Saturday at KMC Stadium, where a total of 72 teams are vying for top honors. The 72 teams have qualified after either winning or finishing second in different Leisure L

Published 28 Apr, 2019 12:00am

Interfaith Football League: Seminaries Students to face Minorities Youth

Interfaith Football League: Seminaries Students to face Minorities Youth

For first time in the history the students of seminaries will play against Minorities Youth in the week-long Football League to be commencing at Qayyum Sports Complex here from April 29, 2019. Talking to media men during his visit to the venue, Chairman O

Published 28 Apr, 2019 12:00am

Injured Naomi Osaka pulls out of Stuttgart semi-final

Injured Naomi Osaka pulls out of Stuttgart semi-final

World number one Naomi Osaka has pulled out of the WTA tournament in Stuttgart due to an abdominal injury. The 21-year-old Japanese was scheduled to play a semi-final tie against Estonian eighth seed Anett Kontaveit on Saturday evening, but announced in t

Published 28 Apr, 2019 12:00am

Thiem stuns Nadal to reach Barcelona final

Thiem stuns Nadal to reach Barcelona final

Dominic Thiem knocked favourite and 11-times champion Rafael Nadal out of the Barcelona Open with a stunning 6-4 6-4 victory in Saturday's semi-final, avenging his defeat by the Spaniard in last year's French Open final. The Austrian will meet 23-year-old

Published 28 Apr, 2019 12:00am

Mexico's Estrada dethrones Thai champion Srisaket

Mexico's Estrada dethrones Thai champion Srisaket

Mexican challenger Juan Francisco Estrada won the World Boxing Council super flyweight title Friday, holding on for a unanimous decision over Thailand champ Srisaket Sor Rungvisai in a rematch. Estrada dominated most of the fight, outboxing Srisaket and w

Published 28 Apr, 2019 12:00am

Indian champion to wrestle at Madison Square Garden

Indian champion to wrestle at Madison Square Garden

Asian champion Bajrang Punia is to become the first Indian wrestler to fight at New York's iconic Madison Square Garden. Punia, who won the 65kg men's freestyle gold at the recent Asian championships, will be among top wrestlers selected by the American g

Published 28 Apr, 2019 12:00am

Badminton's top two clash to decide Asia title

Badminton's top two clash to decide Asia title

The two best badminton players in the world will battle it out in Sunday's final of the Asia Championships when title-holder Kento Momota faces Shi Yuqi. The women's decider in the Chinese city of Wuhan is another Japan versus China showdown with Akane Ya

Published 28 Apr, 2019 12:00am

Aaj TV - Sunday's schedule

Aaj TV - Sunday's schedule

All timings are in PST (Pakistan Standard Time).

Published 28 Apr, 2019 12:00am

Open market rates of foreign currencies

Currency

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Saturday (April 27, 2019).

Published 28 Apr, 2019 12:00am

THE RUPEE: rates inert

Currency

THE RUPEE: rates inert

The rupee managed to hold last levels against the dollar for the second day on the money market on Saturday in the process of improved trading activity, dealers said.

Published 28 Apr, 2019 12:00am

THE RUPEE: rates inert

Currency

THE RUPEE: rates inert

The rupee managed to hold last levels against the dollar for the second day on the money market on Saturday in the process of improved trading activity, dealers said.

Published 28 Apr, 2019 12:00am

Kerb buying and selling rate of US dollar

Kerb

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Saturday (April 27, 2019).

Published 28 Apr, 2019 12:00am

World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (April 27, 2019).

Published 28 Apr, 2019 12:00am

World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (April 27, 2019).

Published 28 Apr, 2019 12:00am

Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (April 27, 2019).

Published 28 Apr, 2019 12:00am

Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (April 27, 2019).

Published 28 Apr, 2019 12:00am

Lahore Paper Market Rates

Lahore Paper Market Rates

Paper market rates in rupees on Saturday (April 27, 2019).

Published 28 Apr, 2019 12:00am

Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (April 27, 2019)

Published 28 Apr, 2019 12:00am

Faisalabad yarn and fibre prices

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (April 27, 2019).

Published 28 Apr, 2019 12:00am

Faisalabad yarn and fibre prices

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (April 27, 2019).

Published 28 Apr, 2019 12:00am

Karachi Yarn Market Rate

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (April 27, 2019).

Published 28 Apr, 2019 12:00am

Karachi Yarn Market Rate

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (April 27, 2019).

Published 28 Apr, 2019 12:00am

Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (April 27, 2019).

Published 28 Apr, 2019 12:00am

The Weather

The Weather

The weather report on Saturday (April 27, 2019) and the forecast for Sunday (April 28, 2019).

Published 28 Apr, 2019 12:00am

Three levies men martyred in North Waziristan blast

Three levies men martyred in North Waziristan blast

At least three Levies personnel were martyred while another sustained severe injuries on Saturday after a bomb destroyed a check post in Shewa district of North Waziristan. The explosion took place in Raghzai area of the tribal district when the security

Published 28 Apr, 2019 12:00am

Three levies men martyred in North Waziristan blast

Three levies men martyred in North Waziristan blast

At least three Levies personnel were martyred while another sustained severe injuries on Saturday after a bomb destroyed a check post in Shewa district of North Waziristan. The explosion took place in Raghzai area of the tribal district when the security

Published 28 Apr, 2019 12:00am

Listed companies: SECP unveils new rules for shares buyback

Listed companies: SECP unveils new rules for shares buyback

The Securities and Exchange Commission of Pakistan (SECP) has issued new regulations for buyback of shares of companies listed on the securities exchange. According to the draft of the Listed Companies (Buy-Back of Shares) Regulations, 2019 issued by the

Published 28 Apr, 2019 12:00am

Listed companies: SECP unveils new rules for shares buyback

Listed companies: SECP unveils new rules for shares buyback

The Securities and Exchange Commission of Pakistan (SECP) has issued new regulations for buyback of shares of companies listed on the securities exchange. According to the draft of the Listed Companies (Buy-Back of Shares) Regulations, 2019 issued by the

Published 28 Apr, 2019 12:00am

Listed companies: SECP unveils new rules for shares buyback

Listed companies: SECP unveils new rules for shares buyback

The Securities and Exchange Commission of Pakistan (SECP) has issued new regulations for buyback of shares of companies listed on the securities exchange. According to the draft of the Listed Companies (Buy-Back of Shares) Regulations, 2019 issued by the

Published 28 Apr, 2019 12:00am

15 dead as tips lead Sri Lanka forces to militant hideout

15 dead as tips lead Sri Lanka forces to militant hideout

Fifteen people including six children died in a battle between Sri Lankan security forces and suicide bombers who blew themselves up in the latest fallout from the Easter attacks, police said Saturday. Three men set off explosives that killed themselves,

Published 28 Apr, 2019 12:00am

15 dead as tips lead Sri Lanka forces to militant hideout

15 dead as tips lead Sri Lanka forces to militant hideout

Fifteen people including six children died in a battle between Sri Lankan security forces and suicide bombers who blew themselves up in the latest fallout from the Easter attacks, police said Saturday. Three men set off explosives that killed themselves,

Published 28 Apr, 2019 12:00am

Pakistan's under-19 trip to Sri Lanka postponed

Pakistan's under-19 trip to Sri Lanka postponed

Sri Lanka has postponed a tour of Pakistan's under-19 team following the Easter Sunday suicide bombings that killed 253 in the island country, a cricket board (SLC) source told Reuters on Saturday. The Islamic State group has claimed responsibility for th

Published 28 Apr, 2019 12:00am

Pakistan's under-19 trip to Sri Lanka postponed

Pakistan's under-19 trip to Sri Lanka postponed

Sri Lanka has postponed a tour of Pakistan's under-19 team following the Easter Sunday suicide bombings that killed 253 in the island country, a cricket board (SLC) source told Reuters on Saturday. The Islamic State group has claimed responsibility for th

Published 28 Apr, 2019 12:00am

Russia won't immediately raise oil output after Iran waivers end

Russia won't immediately raise oil output after Iran waivers end

Russia will not immediately raise oil output after the United States ends sanctions waivers for buyers of Iranian crude in May, President Vladimir Putin said Saturday. The United States announced this week that, in a bid to reduce Iran's oil exports to ze

Published 28 Apr, 2019 12:00am

Russia won't immediately raise oil output after Iran waivers end

Russia won't immediately raise oil output after Iran waivers end

Russia will not immediately raise oil output after the United States ends sanctions waivers for buyers of Iranian crude in May, President Vladimir Putin said Saturday. The United States announced this week that, in a bid to reduce Iran's oil exports to ze

Published 28 Apr, 2019 12:00am

Russia won''t immediately raise oil output after Iran waivers end

Russia won''t immediately raise oil output after Iran waivers end

Russia will not immediately raise oil output after the United States ends sanctions waivers for buyers of Iranian crude in May, President Vladimir Putin said Saturday. The United States announced this week that, in a bid to reduce Iran''s oil exports to z

Published 28 Apr, 2019 12:00am

Xi says more nations joining Belt & Road, $64 billion in deals

Xi says more nations joining Belt & Road, $64 billion in deals

Chinese President Xi Jinping said Saturday $64 billion in deals were signed at a summit on his Belt and Road Initiative and more nations would join the global infrastructure programme as he sought to ease concerns over the colossal project. Xi and 37 worl

Published 28 Apr, 2019 12:00am

Xi says more nations joining Belt & Road, $64 billion in deals

Xi says more nations joining Belt & Road, $64 billion in deals

Chinese President Xi Jinping said Saturday $64 billion in deals were signed at a summit on his Belt and Road Initiative and more nations would join the global infrastructure programme as he sought to ease concerns over the colossal project. Xi and 37 worl

Published 28 Apr, 2019 12:00am

Previous Day

Forex
World
Commodity

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

Gainers
Losers
Leaders

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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