News Archives for Print - 2019-06-09

The International Grains Council (IGC) on Thursday cut its forecast for world corn production in the 2019/2020 season, driven by a diminished outlook for the US crop. The inter-governmental body, in a monthly update, reduced its global corn (maize) crop f

Published 09 Jun, 2019 12:00am

Expect more sugar factory closures in Europe

More European sugar factories will close as companies are forced to cut costs after a slump in prices since the end of EU production quotas wiped out profits, French sugar group Cristal Union's chieff executive said on Thursday. A surge in sugar output af

Published 09 Jun, 2019 12:00am

Rising grain prices hit Asian wheat importers

Flour millers in Asia have been caught on the wrong side of a rally in wheat prices as they waited for the market to decline, a stark contrast to animal feed producers who booked cargoes of corn several months before prices for that grain jumped. Benchmar

Published 09 Jun, 2019 12:00am

USDA investigates unapproved GMO wheat found in Washington state

The US Department of Agriculture has confirmed the discovery of unapproved, genetically modified (GM) wheat plants growing in an un-planted agricultural field in Washington state.

Published 09 Jun, 2019 12:00am

German 2019 wheat crop to rise sharply, rapeseed down

Germany's 2019 wheat harvest will increase 21.9% on the year to 24.70 million tonnes as hopes of a recovery continue after drought caused massive harvest damage last year, the country's association of farm cooperatives (DRV) said on Wednesday. Crops in Ge

Published 09 Jun, 2019 12:00am

Germany beat China

Defensive midfielder Giulia Gwinn scored the only goal on Saturday as Germany opened their World Cup campaign with a 1-0 victory over China in Group B. On a sunny but breezy early summer's day perfect for football, in front of a noisy crowd of 15,283 in R

Published 09 Jun, 2019 12:00am

France savour perfect start to women's World Cup

France players savoured a "dream" opening to the women's World Cup after the hosts set the ball rolling in style with a 4-0 win over South Korea before a sell-out crowd on Friday in Paris. More than 45,000 supporters filled the Parc des Princes to watch L

Published 09 Jun, 2019 12:00am

Thiem ends Djokovic history bid

Novak Djokovic's dream of becoming just the second man in history to hold all Grand Slam titles at the same time twice was crushed by Dominic Thiem at Roland Garros on Saturday. Thiem downed the world number one 6-2, 3-6, 7-5, 5-7, 7-5 to set up a repeat

Published 09 Jun, 2019 12:00am

Barty ends Australia's 46-year wait for French Open title

Ashleigh Barty ended Australia's 46-year wait for a French Open singles title on Saturday by thrashing nervous Czech teenager Marketa Vondrousova in a one-sided women's final. Eighth seed Barty got off to a strong start and never looked back, winning 6-1,

Published 09 Jun, 2019 12:00am

Messi scores twice as Argentina routs Nicaragua 5-1

Lionel Messi scored a first-half double as Argentina warmed up for the Copa America with a comprehensive 5-1 win over Nicaragua on Friday in San Juan. The Central Americans, who will participate in this month's Gold Cup tournament while Argentina battle i

Published 09 Jun, 2019 12:00am

FIFA bans ex-Afghan football boss for life

FIFA on Saturday found the former head of the Afghanistan Football Federation, Keramuddin Karim, guilty of sexually abusing female players and banned him from the sport for life. Karim had been provisionally banned by FIFA's ethics committee following all

Published 09 Jun, 2019 12:00am

Roy century sets up England win over Bangladesh

Jason Roy hit the highest individual score of the World Cup so far as England got their campaign back on track with a 106-run win over Bangladesh in Cardiff on Saturday. Following a surprise defeat by Pakistan, which came after England's opening rout of S

Published 09 Jun, 2019 12:00am

CBOT wheat futures rise

Chicago wheat futures rose on Thursday, rebounding after two days of deep losses, with support from dry weather that is expected to reduce yields in Russia and Australia. Traders said they were also monitoring wet conditions in the southern US Plains and

Published 09 Jun, 2019 12:00am

Cotton

Listless business on cotton market

Listless business was seen on the cotton market on Saturday amid post-holiday session, dealers said. The official spot rate was inert at Rs 8800, they added. Arrivals of seed cotton from Lower Sindh were available at Rs 4000-4100 per 40kg, they said.

Published 09 Jun, 2019 12:00am

CBOT soyabean futures lower on technical selling

Chicago Board of Trade (CBOT) soyabean futures headed lower for a third straight session on technical selling, as the market wrestled on Thursday with what a slight improvement in Midwest weather this week could mean for US farmers struggling to plant the

Published 09 Jun, 2019 12:00am

Rains to boost Ivorian cocoa mid-crop

Rains remained below average last week in most of Ivory Coast's cocoa-growing regions but were more abundant compared to previous weeks, which could boost the April to September mid-crop, farmers said on Monday. In the eastern region of Abengourou, farmer

Published 09 Jun, 2019 12:00am

Strategists see Wall Street moving higher despite trade war risks

US stocks will build on this year's already strong gains over the rest of 2019 despite growing US-China trade tensions that represent the biggest threat to the market, according to a Reuters poll of strategists. The benchmark S&P 500 index will finish 201

Published 09 Jun, 2019 12:00am

UK yields hit fresh two-year low

British 10-year government bond yields edged downward to a fresh two-and-a-half year low on Friday after US jobs growth slowed sharply and wages rose less than expected, increasing bets that the Federal Reserve will cut interest rates.

Published 09 Jun, 2019 12:00am

UK yields hit fresh two-year low

Published 09 Jun, 2019 12:00am

Japan stocks to rise six percent

Expectations that the US-China trade dispute will eventually ease should help Japanese stocks recover by end-December to show a gain of 6% from last week's closing level, a Reuters poll found. Median estimates from 28 analysts and fund managers polled in

Published 09 Jun, 2019 12:00am

Russian stocks to hit record highs in 2019

Russia's stock market is seen hitting record highs towards the end of 2019 but global economic and trade woes along with risks of more sanctions against Moscow could trigger a moderate decline next year, a Reuters poll of market experts found.

Published 09 Jun, 2019 12:00am

Exchange

Wall Street rallies on hopes of US rate cut, trade progress

Wall Street's major indexes charged higher on Friday, as sharply slowing US job growth boosted hopes for Federal Reserve interest rate cuts while optimism about potential progress in US trade fights with China and Mexico added to risk appetites.

Published 09 Jun, 2019 12:00am

Exchange

African currencies week ahead: Kenyan, Tanzanian shillings seen up, Ugandan shilling unchanged

The Kenyan and Tanzanian shillings are expected to strengthen next week, while the Ugandan shilling should hold steady.

Published 09 Jun, 2019 12:00am

Currency

Canadian dollar strengthens

The Canadian dollar strengthened to an 11-week high against its US counterpart on Friday as domestic data showing a record low unemployment rate supported the Bank of Canada's view that the economy will pick up. Canada added a higher-than-expected 27,700

Published 09 Jun, 2019 12:00am

Speculators trim bullish bets on dollar

Speculators reduced their bullish bets on the US dollar in the latest week to the smallest position since early April, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday. The value of the dollar's net lon

Published 09 Jun, 2019 12:00am

Currency

Indian rupee outlook worsens

The rupee will fall further against the US dollar over the next 12 months than previously thought, hit by slowing growth momentum and an escalating global trade war that has recently threatened to engulf India, a Reuters poll found. The currency moved onl

Published 09 Jun, 2019 12:00am

Exchange

Sterling to slide on no-deal Brexit

Sterling would weaken considerably against both the dollar and euro if Britain left the European Union without a deal, according to strategists in a Reuters poll, with many saying the pound could reach parity with the common currency.

Published 09 Jun, 2019 12:00am

Exchange

Dollar whacked as economic slowdown spreads to US jobs data

The US dollar index fell on Friday to its lowest since March 26 after the US Department of Labour's employment report showed that job growth slowed sharply in May and wages rose less than expected. The weak data suggest that the loss of momentum in econom

Published 09 Jun, 2019 12:00am

Currency

Mnuchin says Trump-Xi meeting has parallels to Buenos Aires summit

A highly anticipated late June meeting between US President Donald Trump and Chinese President Xi Jinping has some parallels with their Buenos Aires summit last December that postponed a tariff hike, US Treasury Secretary Steven Mnuchin said on Saturday.

Published 09 Jun, 2019 12:00am

Chile surprises with rate cut

Chile's central bank unexpectedly cut the benchmark interest rate by 50 basis points to 2.5% on Friday as it braced for a sharper economic slowdown because of the US-China trade dispute. The bank, citing impacts from global trade tensions, slashed its vie

Published 09 Jun, 2019 12:00am

FedEx to end Amazon contract for Express plane service

FedEx Corp on Friday decided to not renew its contract with Amazon.com Inc for US cargo delivery through FedEx Express, the unit that delivers packages on planes, a move that reflects the broader trend of the e-commerce company moving services in-house. A

Published 09 Jun, 2019 12:00am

Russia says conditions are good for possible Eurobond issue

Russia is considering issuing a sovereign Eurobond as market conditions are currently favourable, Finance Minister Anton Siluanov said. In March, Russia raised $3 billion in a new dollar-denominated Eurobond and 750 million euros ($850 million) in a top-u

Published 09 Jun, 2019 12:00am

Russia says conditions are good for possible Eurobond issue

Published 09 Jun, 2019 12:00am

IMF chief highlights potential disruptive nature of fintech

International Monetary Fund Managing Director Christine Lagarde warned on Saturday that the increasing presence of technology giants using big data and artificial intelligence could cause a significant disruption to the world's financial system.

Published 09 Jun, 2019 12:00am

World food prices rise

World food prices rose for a fifth consecutive month in May after bad weather pushed up the prices of cheese and maize, the United Nations food agency said on Thursday. The Food and Agriculture Organization (FAO) also warned that a sharp fall in the expec

Published 09 Jun, 2019 12:00am

German trade surplus shrinks as EU demand dips

Germany's trade surplus shrank in April to 17 billion euros ($19 billion) following weaker demand within the European Union, official data showed Friday, adding to production woes in Europe's largest economy. Exports fell 3.7 percent month-on-month, to 10

Published 09 Jun, 2019 12:00am

Goalkeeper turned rebel fighter dies in Syria

A Syrian goalkeeper turned rebel fighter who starred in an award-winning documentary died Saturday of wounds sustained fighting regime forces in northwestern Syria, his faction said. Abdel-Basset al-Sarout, 27, was among dozens of fighters killed since Th

Published 09 Jun, 2019 12:00am

Sri Lanka president sacks intelligence chief

Sri Lanka's president has sacked the national intelligence chief and will not cooperate with a parliamentary investigation into security lapses before the Easter suicide bombings, officials said Saturday. Maithripala Sirisena summoned an emergency cabinet

Published 09 Jun, 2019 12:00am

Philippines rejects call for UN rights council probe

The Philippines on Saturday rejected a call for an independent United Nations probe into Manila's alleged human rights violations, describing it as interference in the affairs of the Asian nation. UN rights experts asked the UN Human Rights Council on Fri

Published 09 Jun, 2019 12:00am

Hundreds of Iran restaurants shut for breaking 'Islamic principles'

Iranian police have shut down 547 restaurants and cafes in Tehran for not observing "Islamic principles", the capital's police chief said Saturday. "The owners of restaurants and cafes in which Islamic principles were not observed were confronted, and dur

Published 09 Jun, 2019 12:00am

India offers cash reward for missing plane

Indian authorities on Saturday offered a cash reward to boost a desperate hunt for a military transport plane missing for nearly a week and feared to have crashed in a remote northeastern state. The Indian Air Force and Arunachal Pradesh state government

Published 09 Jun, 2019 12:00am

Israel has 'right' to annex West Bank land: US envoy

The US ambassador has said Israel has the right to annex at least "some" of the occupied West Bank, in comments likely to deepen Palestinian opposition to a long-awaited US peace plan. The Palestinians have rejected the plan before it has even been unveil

Published 09 Jun, 2019 12:00am

Uplift of merged tribal areas government's priority: PM

Prime Minister Imran Khan Saturday said development of the merged tribal areas was on the top priority of the government which was focusing upon provision of health, education and other facilities, besides law and order situation in these areas.

Published 09 Jun, 2019 12:00am

Sindh government refutes fake weather 'red alerts'

The Sindh government has categorically said that weather related "Red Alert" circulating on Whatsapp and social media is entirely fake. The provincial government says it has issued no weather-related 'Red Alert' for Karachi. Whatsapp users have been circu

Published 09 Jun, 2019 12:00am

Hot & humid weather to persist in Karachi

The Met Office on Saturday forecast mainly hot and dry weather for the most parts of the country in the next 24 hours. However, it said that a very hot weather may grip eastern Balochistan, Sindh and plain areas of the Punjab and the Khyber Pakhtunkhwa on

Published 09 Jun, 2019 12:00am

World Oceans Day: PN will continue to play role in protecting oceans: CNS

Pakistan Navy observed World Oceans Day with enthusiasm and with an aim to create awareness about the importance of clean oceans, their protection and preservation.

Published 09 Jun, 2019 12:00am

9,600 shelterless schools operating in Sindh, CM told

Sindh Chief Minister Syed Murad Ali Shah on Saturday was told by Sindh Education Minister Syed Sardar Shah that there were 9600 shelterless schools in Sindh. During a meeting of province's education department, Syed Sardar Shah told the chief minister tha

Published 09 Jun, 2019 12:00am

UAE embassy launches cleanliness drive in diplomatic enclave

The Embassy of United Arab Emirates (UAE) in Islamabad has launched an initiative to clean the diplomatic enclave in Islamabad. Deputy head of mission Abdulaziz Al Niyadi, officials of the embassy and its representative offices launched the drive "to Clea

Published 09 Jun, 2019 12:00am

Justice Gulzar assumes charge of acting CJP

Justice Gulzar Ahmed on Saturday took oath as acting Chief Justice of Pakistan. In the oath-taking ceremony, Justice Musheer Alam administered the oath to Justice Gulzar Ahmed in the Karachi registry of the Supreme Court of Pakistan. Justice Gulzar will p

Published 09 Jun, 2019 12:00am

Renowned cleric Allama Abbas Kumaili passes away

Renowned religious scholar and former senator Allama Abbas Kumaili passed away in Karachi following a protracted illness. Kumaili breathed his last in hospital in Karachi earlier today, Jafaria Alliance also wrote on its Facebook page urging everyone to r

Published 09 Jun, 2019 12:00am

Provision of potable water top priority, says Murad

Sindh Chief Minister Syed Murad Ali Shah said on Saturday provision of potable water across the province is the provincial government's top priority. Chairing a high level meeting on Public Health Engineering in Karachi, he said the government has zeroed

Published 09 Jun, 2019 12:00am

PIA flight PK 702 takes emergency slide at Manchester airport

A passenger erroneously opened the emergency door of the flight PK 702 of Pakistan International Airlines (PIA) causing the emergency slide to activate at Manchester airport. According to details, the flight PK 702 of PIA for the sector Manchester to Isla

Published 09 Jun, 2019 12:00am

Political parties' reservations over CPEC projects in Balochistan addressed: Suri

Deputy Speaker National Assembly Qasim Khan Suri said Prime Minister Imran Khan-led government has eliminated reservations of political parties about CPEC projects in Balochistan. Addressing the traders' community at Quetta Chamber of Small Traders in Que

Published 09 Jun, 2019 12:00am

People throng parks, seaside restaurants, to enjoy Eid festivities

People continued to throng to water parks, public parks, seaside restaurants and popular recreational spots with their families taking full advantage of long Eid holidays on Saturday despite persisting blistering heat. This year, four-day Eid holidays wer

Published 09 Jun, 2019 12:00am

KCCI urges government to put 'Axle Load Regime' on hold

President of the Karachi Chamber of Commerce & Industry (KCCI) Junaid Esmail Makda has urged the Ministry of Communications to put the recently implemented Axle Load Regime on hold as it was not agreed upon by all the stakeholders including the goods tran

Published 09 Jun, 2019 12:00am

Tremors felt in Zhob, adjoining areas

A moderate earthquake hit Zhob district and adjoining areas on Saturday morning. According to the seismological center, the epicentre of the 4.3 magnitude earthquake was found some 95 kilometers north of the district at a depth of 300 kilometers. There we

Published 09 Jun, 2019 12:00am

Partly Facetious: What is 'BBB'?

"Besides the elected are all courtesy The Khan and the non-elected in key positions are also courtesy The Khan."

Published 09 Jun, 2019 12:00am

Sudden rise in gastro cases witnessed in Lahore

With rise in temperature and the poor eating habits, sudden rise in the number of gastroenteritis patients has been witnessed in the provincial metropolis. Hundreds of patients with complaints in abdominal were reported in different city hospitals in a si

Published 09 Jun, 2019 12:00am

Eid holidays: over 594,000 people visit wildlife parks, zoological gardens

Wildlife Parks, zoological gardens and breeding parks situated in the province were visited by over 594,000 people during the three holidays of Eid-ul-Fitr.

Published 09 Jun, 2019 12:00am

Sarwar terms opposition's APC 'Maal Bachao conference'

Punjab Governor Chaudhary Muhammad Sarwar has described opposition's All Parties Conference (APC) as "All Parties Maal Bachao conference". He said this during a meeting with Vice Chairman of CM Complaint Cell Nasir Suleiman, Vice Chairman Overseas Commiss

Published 09 Jun, 2019 12:00am

Confectionary items' prices surge

Bakery items have also registered a surge ranging between Rs5 to Rs 10 with the increase in petroleum prices. Market sources said prices of brown, white and milky breads have witnessed an increase of Rs5 to Rs 10 with latest push in prices after unprecede

Published 09 Jun, 2019 12:00am

Punjab CM opens 177 government rest houses for public

As many as 177 rest houses owned by various departments of the Punjab government, which were earlier used by government officials have been opened for public across the province. The Punjab Chief Minister Sardar Usman Buzdar took it to twitter and announc

Published 09 Jun, 2019 12:00am

PM taking all measures to overcome economic crisis: Rashid

Federal Minister for Railways Sheikh Rashid Ahmad says that prime minister is taking all out measures to tackle the economic difficulties being faced by the country. Addressing a news conference in Lahore on Saturday, Rashid said all steps are being taken

Published 09 Jun, 2019 12:00am

Punjab government faces troubles in implementing LG Act 2019

The Punjab government is facing troubles in implementing the Local Bodies Act 2019, as no development has so far taken place despite the fact that the Act requires holding of Neighbourhood Councils and Village Panchayat within six months of the law in for

Published 09 Jun, 2019 12:00am

Exchange

Upcoming budget: PIAF urges government to take business-friendly decisions

Pakistan Industrial and Traders Association Front (PIAF) expressing its concern over abolition of five zero rated sectors, said that it would have devastating impact on the country's exports and associated industries as well.

Published 09 Jun, 2019 12:00am

Exchange

Export sectors concerned over withdrawal of zero rating facility

Five major export sectors have expressed deep concern over the withdrawal of zero rating facility and termed it to butcher the golden egg laying hen and warned that value added textile sector reject the so called assurance floated by APTMA who is conspiri

Published 09 Jun, 2019 12:00am

JI chief grieves over martyrdom of three army officers

Ameer, Jamaat-e-Islami, Senator Sirajul Haq, has expressed deep grief over the martyrdom of three army officers and a soldier in North Waziristan. In a condolence message, he said that the martyrs were the heroes of the nation and the nation was proud of

Published 09 Jun, 2019 12:00am

Shahbaz all set to start political activities

Leader of the opposition in the National Assembly and Pakistan Muslim League-Nawaz (PML-N) President Shahbaz Sharif, who is returning home from London on Sunday (today), is all set to start hectic political activities. Shahbaz will meet the PML-N leaders

Published 09 Jun, 2019 12:00am

Major markets remained closed

Major markets of the provincial metropolis remained closed on Saturday as traders observed it as a fourth holiday on account of Eid-ul-Fitr. A few shops were opened in the morning in the biggest commodity market of the province, Akbari Mandi, but closed d

Published 09 Jun, 2019 12:00am

Buzdar condemns targeting Army's vehicle

Punjab Chief Minister Usman Buzdar on Saturday condemned the targeting of a vehicle of the Pakistan Army with an improvised explosive device (IED) planted on a road in the Kharqamar area of North Waziristan. The Chief Minister expressed heartfelt condolen

Published 09 Jun, 2019 12:00am

Prices of vegetables, chicken witness upward trend

Prices of perishable kitchen items, especially vegetables, chicken, eggs and fruits, witnessed an increase during this week past as compared to preceding week, a survey conducted by Business Recorder revealed here on Saturday. Traders at wholesales

Published 09 Jun, 2019 12:00am

Indian troops martyr one more youth in IOK

Indian troops martyred another Kashmiri youth in Islamabad district on Saturday, raising the number of the martyred youth to five since Thursday evening. The troops martyred the youth during a cordon and search operation at Nowgam in Verinag area of the d

Published 09 Jun, 2019 12:00am

Swat, Galiyat valleys attract tourists on Eid days

The local tourists have thronged the touristic spots in Galiyat, Swat, Kaghan and Naran of Khyber Pakhtunkhwa during the Eid-ul-Fitr holidays. According to district administrations and Tourism Corporation Khyber Pakhtunkhwa (TCKP) long queue of vehicles h

Published 09 Jun, 2019 12:00am

Gastroenteritis cases on the rise in Peshawar

A Over 14,000 patients were treated in Lady Reading Hospital Peshawar during three days of Eid-ul-Fitr, suffering from overeating, road accidents, gynae, surgical, heart, and gastroenteritis patients. The data shared by administration of the Lady Reading

Published 09 Jun, 2019 12:00am

Airport Security Force is invincible: DG ASF

Airport Security Force (ASF) Director General (DG) Major-General Zafar-ul-Haq called the ASF an "invincible" force which is always prepared for the defence of Pakistan. Speaking on the martyrdom anniversary of ASF officers and soldiers, who sacrificed the

Published 09 Jun, 2019 12:00am

PM for promoting tourism in mountainous regions

Prime Minister Imran Khan has given directions to turn Nathiagali, Ayubia and Galyat into major tourists' centres. PM Khan after spending his Eid in Nathiagali, decided to promote tourism in the mountainous regions while further instructing to conduct a s

Published 09 Jun, 2019 12:00am

Bus-truck collision claims five lives

At least five people were killed and 20 others sustained injuries as an over speeding bus collided with a truck here on Saturday. As per details, a bus collided with a truck on Mianwali Muzaffargarh road near Fazil Adda. As a result, five people, includin

Published 09 Jun, 2019 12:00am

Ahsan accuses PM of surrendering country's economic autonomy

Pakistan Muslim League-Nawaz (PML-N) Secretary General Ahsan Iqbal on Saturday stated that the non-serious government has posed a threat to national security. Talking to media, Ahsan Iqbal stated that the premier has 'surrendered' Pakistan's economic auto

Published 09 Jun, 2019 12:00am

PkMAP holds demo against arrest of PTM leaders

Dozens of activists of Pakhtunkhwa Milli Awami Party on Saturday staged protest rally outside Mardan press club and demanded the release of Pakhtun Tahafuz Movement (PTI) leaders MNA Mohsin Dawar, MNA Ali Wazir and other activists. The rally was led by Mo

Published 09 Jun, 2019 12:00am

ANP's protest against price hike today

Awami National Party (ANP) has finalized arrangements for its province-wide protest against price hike and anti-people policies of the government being staged today (Sunday) across Khyber Pakhtunkhwa. According to the scheduled finalized by the party, cen

Published 09 Jun, 2019 12:00am

PMA voices concern over unavailability of life-saving drugs

Pakistan Medical Association (PMA) Khyber Pakhtunkhwa chapter President Dr Hussain Haroon has expressed concern over non-availability of emergency medicines in the government run hospitals, saying intervention of federal government in provincial health mi

Published 09 Jun, 2019 12:00am

Three killed, six hurt as van catches fire in Sahiwal

At least three people were killed while six others suffered burn injuries when a passenger van caught fire in Sahiwal on Saturday. Rescue sources relayed the van caught fire near the Gamber Adda. As a result, nine people, including the driver of the vehic

Published 09 Jun, 2019 12:00am

Power-theft areas to suffer load-shedding: minister

Minister for Power Omar Ayub Khan on Saturday said the government is making all out efforts to end load shedding across the country. In a tweet, he said special teams have been fighting power thieves and urged the people to help the government check power

Published 09 Jun, 2019 12:00am

SCCI calls for reducing minimum tax for companies with gross losses

Sarhad Chamber of Commerce and Industry (SCCI) has called for reduction in the minimum tax to 1 percent and to zero percent for companies having gross losses by restoring the same position as prevalent till Finance Act, 2016. It has further recommended th

Published 09 Jun, 2019 12:00am

Army's laudable decision

That army chief General Qamar Javed Bajwa has always led from the front is a fact that has found its best expression from his remarks that he made in relation to a voluntary cut in defence budget. According to him, the military's decision to forgo an annu

Published 09 Jun, 2019 12:00am

Could Germany's next chancellor be 'Green'?

With the popularity ratings of Angela Merkel's favoured successor plunging and the centre-left SPD in disarray, speculation is growing that Germany's next chancellor might hail from the Greens.

Published 09 Jun, 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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