News Archives for Print - 2019-07-31

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

Published 31 Jul, 2019 12:00am

Exchange

State Bank of Pakistan conversion rates

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

Published 31 Jul, 2019 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 31 Jul, 2019 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 31 Jul, 2019 12:00am

Aaj TV - Wednesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 31 Jul, 2019 12:00am

Saudi index edges up on strong earnings, Dubai extends gains

Saudi Arabian stocks edged up on Tuesday, recovering from the previous session's biggest single-day loss in a month, as strong earnings from two lenders boosted most bank shares. Dubai's bourse consolidated gains after touching nearly a year-high on Monda

Published 31 Jul, 2019 12:00am

Exchange

Japan shares rise

Japanese shares advanced on Tuesday, led by technology firms, as investors looked beyond sluggish earnings in the previous quarter and bet on a potential recovery over the coming seasons. The Nikkei share average rose 0.43% to 21,709.31, edging near its 2

Published 31 Jul, 2019 12:00am

Tuesday early afternoon trade: US-China trade concerns push stocks down; Fed meeting eyed

US stocks slid on Tuesday after a fresh warning from President Donald Trump to China pressured technology shares, while investors speculated the scale of an interest rate cut at the end of the Federal Reserve's policy meeting. Apple Inc's results after ma

Published 31 Jul, 2019 12:00am

Exchange

US stocks back off record highs ahead of Fed meeting

US stocks on Monday stepped back from last week's record highs as investors took a breather ahead of an expected interest rate cut by the Federal Reserve and looked for signs of progress from US-China trade negotiations underway in Shanghai. Amazon.com In

Published 31 Jul, 2019 12:00am

Australian shares hit record high; New Zealand up

Australian shares rode broad-based gains to a record peak on Tuesday, scaling past levels last seen before the global financial crisis as higher commodities powered miners. The S&P/ASX 200 index firmed 0.3%, or 19.3 points, to 6,845.1 at the close of trad

Published 31 Jul, 2019 12:00am

Indian shares lower

Indian shares reversed course to end lower on Tuesday, dragged by heavyweight Reliance Industries Ltd and banking stocks, as weak earnings continued to dampen investor sentiment. The broader NSE index ended 0.93% down at 11,085.40, its lowest close since

Published 31 Jul, 2019 12:00am

Treasury yields fall broadly

US Treasury yields fell broadly on Monday, in line with government bond markets around the world amid global economic uncertainty, as investors await a widely-expected interest rate cut by the Federal Reserve this week. The Fed begins its two-day monetary

Published 31 Jul, 2019 12:00am

Treasury yields fall broadly

Published 31 Jul, 2019 12:00am

Exchange

China stocks rise, STAR Market extends gains

China stocks ended higher on Tuesday, as investors waited for an expected US interest rate cut this week. The blue-chip CSI300 index rose 0.4%, to 3,870.32, while the Shanghai Composite index closed up 0.4% at 2,952.34. The US Federal Reserve is scheduled

Published 31 Jul, 2019 12:00am

European shares crushed as Trump toughens stance on China

Europe's main STOXX 600 index posted its worst session since a selloff in May on Tuesday after US President Donald Trump ramped up his trade rhetoric against China, deepening wounds left by a batch of weak economic data and corporate earnings. The pan-Eur

Published 31 Jul, 2019 12:00am

Most Southeast Asian shares fall, Indonesia rises

Indonesian shares rose over 1% on Tuesday, amid weakness in other Southeast Asian markets, as investors bought back beaten stocks, while stellar quarterly results by a local cigarette maker also bolstered risk appetite. Indonesia's biggest tobacco company

Published 31 Jul, 2019 12:00am

Trade worries hit FTSE, banks slip on BoE plan

London's FTSE 100 index ended lower on Tuesday, giving up earlier gains as the mood soured in response to worries over US-China trade and as major British banks fell after the Bank of England issued a new plan to handle potential banking crises. The main

Published 31 Jul, 2019 12:00am

Exchange

Blockchain launches cryptocurrency exchange

Blockchain, one of the world's largest digital currency wallet companies, announced on Tuesday the launch of a cryptocurrency exchange called The PIT that aims to execute trades in microseconds for retail and institutional investors. After extensive resea

Published 31 Jul, 2019 12:00am

Exchange

Sony net profit down on one-off factors

Japanese entertainment giant Sony on Tuesday reported a fall in first-quarter net profit due to one-off factors, with operating profit up thanks to strong demand for its image sensors. While announcing quarterly figures, the PlayStation manufacturer downg

Published 31 Jul, 2019 12:00am

Exchange

Sony net profit down on one-off factors

Published 31 Jul, 2019 12:00am

Currency

P&G writes down Gillette business, earnings top estimates

Procter & Gamble shares surged early Tuesday after reporting a jump in sales despite a hefty charge on the Gillette shaving business that pushed results into the red. The consumer products giant, with brands like Tide detergent and Bounty paper towels, sa

Published 31 Jul, 2019 12:00am

Trump says he wants 'a large cut' from US Fed

US President Donald Trump on Tuesday called on the Federal Reserve to cut the benchmark interest rate significantly, moments before the central bank was due to open its two-day policy meeting. "I would like to see a large cut," Trump told reporters at the

Published 31 Jul, 2019 12:00am

South Africa unemployment hits record 29 percent

Joblessness in South Africa has reached a record 29 percent, the statistics office said Tuesday, piling pressure on President Cyril Ramaphosa's administration after it won May elections vowing to halve unemployment. It marks the lowest level since the cou

Published 31 Jul, 2019 12:00am

Dubai hits Abraaj with record fine

Dubai's financial regulator said Tuesday it had imposed a record fine of nearly $315 million on two affiliates of the collapsed Abraaj equity group for unauthorised activities and misusing investors' funds. The Dubai Financial Services Authority (DFSA) sa

Published 31 Jul, 2019 12:00am

Huawei says revenue surges

Huawei's sales unexpectedly rose in the first half of the year, company figures showed Tuesday, as executives admitted US sanctions would bring further challenges in the coming months. The Chinese tech giant has been under immense pressure this year as Wa

Published 31 Jul, 2019 12:00am

Huawei says revenue surges

Published 31 Jul, 2019 12:00am

Trump warns China not to wait on trade deal as talks resume

US President Donald Trump warned China Tuesday against waiting to complete a trade deal with Washington, just as negotiations began in Shanghai to resurrect stalled talks with Chinese officials. "My team is negotiating with them now, but they always chang

Published 31 Jul, 2019 12:00am

Moderate US consumer spending, inflation back Fed rate cut

US consumer spending and prices rose moderately in June, pointing to slower economic growth and benign inflation that could see the Federal Reserve cutting interest rates on Wednesday for the first time in a decade. The report from the Commerce Department

Published 31 Jul, 2019 12:00am

Facebook unfolds tips to combat online harassment

Facebook aimed at educating its users through providing effective tips to control online harassment with the self-regulated techniques and easy monitoring of the content. If someone is making you feel bad or if being online is making you feel sad or stres

Published 31 Jul, 2019 12:00am

Qureshi, European MPAs discuss HR situation in IHK

A 10-member delegation of European parliamentarians, including MEP Richard Corbett, leader of the Labour Party in Europe, MEP Irina Von Wiese, Member of the Foreign Affairs Committee and MP Nazia Rehman, called on the Foreign Minister Shah Mehmood Qureshi

Published 31 Jul, 2019 12:00am

K-Electric teams remain vigilant on second consecutive day

The power supply situation in Karachi remained under control as the city witnessed rainfall for the second consecutive day. Parts of the city were submerged on account of unprecedented rains and K-Electric teams remained engaged round-the-clock to rectify

Published 31 Jul, 2019 12:00am

CM visits different areas to inspect draining of rainwater

Sindh Chief Minister Syed Murad Ali Shah has said that heavy rains in Karachi has caused problems but the entire government machinery, including local bodies was active for dewatering the roads. This, he said, talking to the media during his visits to var

Published 31 Jul, 2019 12:00am

Attaturk Avenue: CDA EW directed to complete work within one week

Chairman Capital Development Authority (CDA) on Tuesday directed the Engineering Wing to complete the work on the Attaturk Avenue from Khyaban-e-Soharwardi to NADRA Chowk within one week. During the inspection of progress of work at the avenue, Chairman C

Published 31 Jul, 2019 12:00am

Video leak case: IHC bars FIA from arresting Janjua

The Islamabad High Court (IHC) on Tuesday extended interim pre-arrest bail of Nasir Janjua, who was nominated as an accused by the former accountability court Judge Mohammad Arshad Malik in the video leak case. A single bench of IHC comprising acting Chie

Published 31 Jul, 2019 12:00am

Root returns to No 3 spot for Ashes opener

Joe Denly confirmed on Tuesday that he would drop to number four in the batting order for England's opening Ashes Test against Australia, with captain Joe Root replacing him at number three.

Published 31 Jul, 2019 12:00am

Pakistan disabled cricket team leaves for Worcestershire

The Pakistan disabled cricket team will be departing for Worcestershire, England, on Wednesday (today), to participate in the Physical Disability T20 World Series Cricket, being hosted by the England and Wales Cricket Board. The five-nation series will be

Published 31 Jul, 2019 12:00am

Lahore clinch Leisure Leagues Football Championship title

Lahore defeated Karachi on penalty kicks by 2-1 score to clinch the Leisure Leagues Six-a-Side Football National Championship title, which earned them a prized ticket to Greece, where they will get a chance to represent Pakistan in the second Socca World

Published 31 Jul, 2019 12:00am

Mbappe steals the show as PSG ease to 3-0 win over Sydney

Kylian Mbappe was the star of the show once more for Paris Saint-Germain, scoring an eye-catching first goal as the French champions beat Sydney FC 3-0 on Tuesday in China. Strike partner Edinson Cavani also scored in the first half before substitute Mete

Published 31 Jul, 2019 12:00am

Transylvanian bodyguard defends viral bowling technique

A Transylvanian bodyguard has become a cricket internet sensation due to his bowling technique, but stands by his unorthodox style.

Published 31 Jul, 2019 12:00am

Previous Day

Forex
World
Commodity

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

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

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

Gainers
Losers
Leaders

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

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

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

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