News Archives for Print - 2019-08-06

<<>>

Print - 2019-08-06

Kibor interbank offered rates

Kibor interbank offered rates on Monday (August 05, 2019).

Published 06 Aug, 2019 12:00am

Libor

LIBOR interbank offered rates

London Interbank Offered Rates (LIBOR) on Monday (August 05, 2019).

Published 06 Aug, 2019 12:00am

Currency

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Monday (August 05, 2019).

Published 06 Aug, 2019 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (August 05, 2019).

Published 06 Aug, 2019 12:00am

Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (August 05, 2019).

Published 06 Aug, 2019 12:00am

Currency

Banks' rates for currency notes (buying and selling)

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Monday (August 05, 2019).

Published 06 Aug, 2019 12:00am

Currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Monday (August 05, 2019).

Published 06 Aug, 2019 12:00am

Libor

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Monday (August 05, 2019).

Published 06 Aug, 2019 12:00am

Exchange

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Monday (August 05, 2019).

Published 06 Aug, 2019 12:00am

Exchange

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Monday (August 05, 2019).

Published 06 Aug, 2019 12:00am

Exchange

Barclays bid rates and maximum rates for payment of interest

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

Published 06 Aug, 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 06 Aug, 2019 12:00am

Aaj TV - Tuesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 06 Aug, 2019 12:00am

Exchange

Chinese iron ore futures fall over 4 percent

Chinese iron ore futures fell over 4% on Friday, their most in four weeks, and clocked their second consecutive weekly loss, after Brazil announced a rebound in exports of the steelmaking material in July. Worries about demand for steel products also weig

Published 06 Aug, 2019 12:00am

CBOT soyabean futures rise on bargain buying

Chicago Board of Trade (CBOT) soyabean futures rose on short covering and bargain buying on Friday in a turnaround from a slump to their lowest prices in more than two months on Thursday, traders said. CBOT August soyabeans edged up 3-1/4 cents to $8.50-1

Published 06 Aug, 2019 12:00am

Exchange

Vietnamese rice prices fall on Philippines to curb imports

Export prices for Vietnamese rice fell this week on fears major buyer Philippines could curb imports, while a drought in Thailand and widespread floods in Bangladesh hit supply in the Asian hubs. In Vietnam, 5% broken rice rates fell to $340-$350 a tonne

Published 06 Aug, 2019 12:00am

Canadian canola futures rise

ICE Canadian canola futures rose on Friday, halting a four-day skid on short-covering and strength in soyaoil. Funds covered part of their short position after the November contract bounced off the support level of $440 on Thursday, a trader said. Lack of

Published 06 Aug, 2019 12:00am

Gold demand mixed in Asian hubs on prices rally

Physical gold demand was mixed in Asian hubs as consumers cashed in on brief price rallies while global uncertainties prompted some safe-haven demand. Global benchmark spot gold was on course for a weekly gain, having jumped nearly 2% on an escalation in

Published 06 Aug, 2019 12:00am

Exchange

US natural gas futures fall to fresh 3-year low

US natural gas futures on Friday fell to a fresh three-year low on forecasts for less demand through mid-August than previously expected, despite a pipeline explosion that reduced some output from the Marcellus and Utica shale. Even though power demand an

Published 06 Aug, 2019 12:00am

Exchange

Cotton prices continue to drop sharply

Cotton prices continued to decline on the cotton market Monday due to less buying interest and because of rising fears over escalation in US-China trade war, dealers said.

Published 06 Aug, 2019 12:00am

Exchange

PMEX daily trading report

On Friday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,016. The traded value of Metals, Energy and COTS/FX was recorded at PKR 52.897 billion and the numbers of lots traded were 43,287.

Published 06 Aug, 2019 12:00am

Brazil could see record 2019-20 soya, corn harvest on good weather

Brazil could see record corn and soya harvests in the 2019-20 season dependent on good weather, as farmers are expected to broaden plantings, Datagro Consultoria said on Wednesday.

Published 06 Aug, 2019 12:00am

Asia's naphtha retreats on mostly muted demand

Asia's naphtha crack retreated to a three-session low of $30.63 a tonne on Friday, after hitting a more than two-week high the previous day, with spot demand mostly muted following a string of recent purchases. These included deals made by the Japanese, S

Published 06 Aug, 2019 12:00am

CBOT wheat futures jump

Chicago Board of Trade (CBOT) wheat futures jumped on Friday on technical buying and short covering, following recent declines, traders said. CBOT September soft red winter wheat ended up 15 cents at $4.90-3/4 per bushel. The gains were a turnaround after

Published 06 Aug, 2019 12:00am

Cotton

India's summer crop planting down

Indian farmers have planted 78.8 million hectares with summer-sown crops so far, farm ministry data showed on Friday, down 6.6% from last year mainly due to a weak start to the monsoon. The outlook is better, however, as monsoon rains are expected to be p

Published 06 Aug, 2019 12:00am

South Korea buys 85,250 tonnes of US wheat

Flour mills in South Korea on Friday purchased a total of some 85,250 tonnes of milling wheat to be sourced from the United States, European traders said. Two purchases were made involving different wheat grades. Shipment was reported to be in October, tr

Published 06 Aug, 2019 12:00am

European wheat hovers near three-week low

European wheat futures were hovering just above a three-week low on Friday, with the harvest winding down in parts of France and Germany and expected to gather pace in Britain over the next few days. Benchmark December milling wheat futures on Euronext we

Published 06 Aug, 2019 12:00am

Activities at Karachi and Qasim Ports

The Karachi Port handled 189,659 tonnes of cargo comprising 134,988 tonnes of import cargo and 54,671 tonnes of export cargo including 3,055 loaded and empty containers during the last 48 hours ending at 0700 hours on Monday. The total import cargos of 13

Published 06 Aug, 2019 12:00am

CBOT corn futures rise after 11-week low

Bargain buying and short covering lifted Chicago Board of Trade (CBOT) corn futures on Friday after the market touched an 11-week low a day earlier, traders said. CBOT September corn rose 6-3/4 cents to $3.99-1/2 per bushel. New-crop December corn advance

Published 06 Aug, 2019 12:00am

Brazil's soyabean exports fall on Chinese weaker demand

Brazil's soyabean exports fell in July due to weaker demand from the world's largest importer, China, but corn exports from the South American country hit a monthly high in July, government data showed on Thursday. Soyabean exports from the world's larges

Published 06 Aug, 2019 12:00am

Vietnam's coffee prices higher on low supplies

Vietnam's domestic coffee prices edged higher this week on low supplies, but traders said domestic prices would not rise further as the new harvest season would begin soon. Farmers in the Central Highlands, Vietnam's largest coffee growing area, sold coff

Published 06 Aug, 2019 12:00am

Currency

Trade war rattles Gulf stocks, Qatar slips to worst day in two years

Gulf stock markets tumbled on Monday and Qatar suffered its biggest single-day loss as a new war of trade between the United States and China drove investors towards safer assets. Investors are also cashing in their positions ahead of a religious holiday

Published 06 Aug, 2019 12:00am

Currency

Tokyo stocks plummet on strong yen

Tokyo stocks closed sharply lower on Monday, weighed down by a strong yen and tracking losses on Wall Street amid US-China trade woes. The benchmark Nikkei 225 index dropped 1.74 percent, or 366.87 points, to end at 20,720.29 while the broader Topix index

Published 06 Aug, 2019 12:00am

Monday's early afternoon trade: Dow loses 700 points as yuan slide intensifies trade angst

The Dow Jones Industrial Average tumbled more than 700 points in a global selloff on Monday, triggered by China's willingness to let the yuan slide in response to the latest US threats on trade. The yuan sank to its lowest level in more than a decade, and

Published 06 Aug, 2019 12:00am

Sri Lankan shares fall

Sri Lankan shares fell for the fifth straight session on Monday and closed at their lowest in more than one week, as investors sold banking and telecom stocks, while the rupee ended weaker due to importer dollar demand. The country's benchmark stock index

Published 06 Aug, 2019 12:00am

Currency

Southeast Asian stocks join global selloff; Manila slumps 3 percent

Southeast Asian stock markets plunged on Monday, with the Philippines shedding 3%, as an escalation of trade tensions between the United States and China sent investors worldwide scurrying for safe havens. After US President Donald Trump abruptly decided

Published 06 Aug, 2019 12:00am

Exchange

China lets yuan weaken and stops buying US crops, escalating trade war

China let the yuan weaken past the key 7-per-dollar level on Monday for the first time in more than a decade and later said it would stop buying US agricultural products, inflaming a worsening trade war with the United States. The sharp 1.4% drop in the y

Published 06 Aug, 2019 12:00am

Indian shares at five-month low

Indian shares on Monday ended at a fresh five-month low, amid a global sell-off after US President Donald Trump's decision to impose tariffs on more Chinese imports, while New Delhi's move to scrap special status of the disputed Kashmir region also spooke

Published 06 Aug, 2019 12:00am

Currency

European stocks dive to two-month lows on China worries

European shares sank to a two-month low on Monday as a global sell-off spurred by trade tensions deepened, sending China's yuan to its lowest in more than a decade and sinking trade-sensitive mining, luxury and technology stocks. The pan-European STOXX 60

Published 06 Aug, 2019 12:00am

Currency

Trade turmoil wipes $26 billion off Australian stocks

Mining stocks led Australian shares to their worst session in over seven months on Monday, with investors slashing riskier positions as the growing trade war between the United States and China revived worries about weaker global growth. The S&P/ASX 200 i

Published 06 Aug, 2019 12:00am

UK shares tumble as trade tensions fuel sell-off

Britain's stock market indexes fell sharply on Monday, joining a sell-off in global markets, as US-China trade tensions prompted investors to seek safe-haven assets, while Ocado and Marks & Spencer fell after sealing a deal to set up an online food joint

Published 06 Aug, 2019 12:00am

Indonesia economy loses steam

Indonesia posted its slowest rate of quarterly growth in two years on Monday as Southeast Asia's biggest economy feels the sting of US-China trade tensions.

Published 06 Aug, 2019 12:00am

Japanese car sales plunge in South Korea as trade row rages

Japanese automakers saw sales in South Korea slump last month, industry data showed Monday, as President Moon Jae-in thanked his citizens for responding to the intensifying trade dispute with "one heart".

Published 06 Aug, 2019 12:00am

HSBC boss in shock exit as bank warns of 'challenging' times

HSBC on Monday announced the shock exit of chief executive John Flint, but denied talk of a management split as it also axed 4,000 jobs and warned of dark clouds on the horizon.

Published 06 Aug, 2019 12:00am

Fiat Chrysler open to fresh merger talks with Renault

The chief of Fiat Chrysler remains open to the possibility of resuming merger talks with France's Renault, months after talks between the two automakers aimed at forging an industry powerhouse broke down, according to an interview published Monday.

Published 06 Aug, 2019 12:00am

Tesco axes 4,500 supermarket jobs

Supermarket giant Tesco said Monday it is to axe about 4,500 jobs across its city-centre UK stores to slash costs. Tesco, which is Britain's biggest retailer, will carry out a "reduction of around 4,500 colleagues" as the group experiences "an increasingl

Published 06 Aug, 2019 12:00am

Titanic shipyard to go into administration

The iconic Belfast shipyard Harland and Wolff, which built the Titanic, is going into administration on Monday.

Published 06 Aug, 2019 12:00am

Currency

Eurozone factory sickness infecting services growth

Eurozone business growth hit a wall in July as demand crumbled, according to a survey which showed a deepening downturn in manufacturing is increasingly affecting the bloc's dominant services industry.

Published 06 Aug, 2019 12:00am

Dominant US services slide to three-year low

The US services sector, the principal driver of American economic growth, slid last month to its slowest pace in nearly three years, according to an industry survey released Monday.

Published 06 Aug, 2019 12:00am

UK services bounce fails to budge recession fears

Britain's dominant services sector unexpectedly perked up in July, a major survey showed on Monday, but this did little to shift fears that Brexit risks and US-China trade tensions are pushing the economy close to recession.

Published 06 Aug, 2019 12:00am

Cotton

China stops buying US farm products

China's Commerce Ministry said on Tuesday that Chinese companies have stopped buying US agricultural products, and that China will not rule out imposing import tariffs on US farm products that were bought after August 3.

Published 06 Aug, 2019 12:00am

Kyrgios wins Washington Open title

Shaking off back spasms to blast 18 aces, Australia's Nick Kyrgios kept his composure and captured the ATP Washington Open title Sunday, defeating Russia's 10th-ranked Daniil Medvedev 7-6 (8/6), 7-6 (7/4).

Published 06 Aug, 2019 12:00am

Dale Steyn retires from Test cricket

South African Dale Steyn, one of the great fast bowlers of the modern era, on Monday announced his retirement from Test cricket in a bid to extend his longevity in the shorter forms of the game.

Published 06 Aug, 2019 12:00am

Messi out with injury ahead of La Liga restart

Barcelona captain Leo Messi is out of action less than two weeks ahead of the opening of La Liga season after injuring his right calf in training on Monday.

Published 06 Aug, 2019 12:00am

Brendon McCullum calls time on career

Former New Zealand captain Brendon McCullum announced on Monday he would retire from cricket at the end of the ongoing GT20 tournament in Canada.

Published 06 Aug, 2019 12:00am

Lyon helps Australia post crushing win in Ashes opener

Nathan Lyon took six wickets as Australia demolished England by 251 runs at their Edgbaston 'fortress' to win the first Ashes Test on Monday. The crushing defeat means England's hopes of a World Cup and Ashes double have suffered a major blow a month afte

Published 06 Aug, 2019 12:00am

Zheng surprises Sabalenka to win first WTA title

Zheng Saisai knocked off her fourth seeded opponent of the week to capture her first career WTA title with a straight sets win over Aryna Sabalenka in the final of the San Jose WTA tournament on Sunday.

Published 06 Aug, 2019 12:00am

Saini punished in debut T20

India paceman Navdeep Saini has been handed one demerit point for bad behaviour in his debut Twenty20 international against the West Indies in Florida, the game's world body said Monday. Saini starred in India's T20 win on Saturday by taking three wickets

Published 06 Aug, 2019 12:00am

Lochte wins 200m medley title

Six-time Olympic gold medallist Ryan Lochte, back from a 14-month suspension, won the 200m individual medley on Sunday at the US swimming championships in Palo Alto, California. Lochte, 35, clocked 1min 57.76 to win a 27th national title and stamp himself

Published 06 Aug, 2019 12:00am

Pakistan Army win 28th PFF National Challenge Football Cup

Two goals by skipper Ansar Abbas and a goal by right winger Ali Raza guided Pakistan Army to shock Sui Southern Gas Company by 3-2 in a thrilling final of the 28th PFF National Challenge Football Cup-2019 played here at Tehmas Khan Football Stadium on Mon

Published 06 Aug, 2019 12:00am

FBR chief for intensify operation against Smugglers

Chairman Federal Board of Revenue (FBR) Shabbar Zaidi directed Customs Intelligence on Monday to intensify operations against smugglers, warehouses storing smuggled goods, outlets openly selling smuggled items and check revenue leakage through ports. Sour

Published 06 Aug, 2019 12:00am

Change of demographic structure: Indian HC summoned, conveys strong demarche

Pakistan summoned Indian High Commissioner Ajay Bisaria on Monday and conveyed a strong demarche on the illegal actions of revoking the special status of the Occupied Jammu and Kashmir, the Foreign Office said. According to spokesperson Foreign Office Dr

Published 06 Aug, 2019 12:00am

Bank holidays

The State Bank of Pakistan (SBP) and all banks will remain closed from 12th to 15th August, 2019 (Monday to Thursday) being public holidays on the occasion of Eid-ul-Azha. It may, however, be noted that August 17, 2019 (Saturday) will be observed as worki

Published 06 Aug, 2019 12:00am

Government urged to increase economic activity instead of loans

President of Pakistan Businessmen and Intellectuals Forum (PBIF) Mian Zahid Hussain has said that rampant tax evasion is resulting in poverty, unemployment and illiteracy in the country. "Loans and grants can never be a substitute to the economic activity

Published 06 Aug, 2019 12:00am

Ogra imposes ban on use of CNG in PSVs

Oil and Gas Regulatory Authority (Ogra) has imposed a ban on the use of CNG in public service vehicles (PSV) keeping in view the safety of public life and property. The Ogra urged all stakeholders to comply with the decision in true letter and spirit.

Published 06 Aug, 2019 12:00am

Aviation Division identifies locations for high-rise buildings in major cities

The Aviation Division has identified dozens of locations for high-rise buildings in Karachi, Lahore, Peshawar and Multan, official sources told Business Recorder. The Cabinet in its meeting held on March 26, 2019 regarding vertical expansion of hou

Published 06 Aug, 2019 12:00am

Cotton

Final decision today: cotton price may be fixed at Rs 4,000/40kg

The government is likely to make a final decision with respect to announcement of indicative price of cotton at Rs 4,000 per 40kg today (Tuesday) with an aim to control speedily declining cotton cultivation area in the country. "A committee headed by Advi

Published 06 Aug, 2019 12:00am

Cotton

Cotton falls to 3-1/2-year low

ICE cotton futures slid more than 3% on Monday to their lowest in nearly three-and-a-half years on fears that increasing trade tensions between the United States and China will worsen demand for the natural fibre. The most-active cotton contract on ICE Fu

Published 06 Aug, 2019 12:00am

Exchange

Copper hits two-year low as US-China trade war escalates

Copper prices fell to their lowest in more than two years on Monday, hit by the escalating trade dispute between the United States and China, while nickel prices climbed on concern over supplies from Indonesia. Benchmark copper on the London Metal Exchang

Published 06 Aug, 2019 12:00am

Oil falls 3pc as trade war concerns hit demand outlook

Global oil benchmark Brent futures fell more than 3% on Monday on global growth concerns after US President Donald Trump last week threatened China with more tariffs, which could limit crude demand from the world's two biggest buyers. Brent crude fell $2.

Published 06 Aug, 2019 12:00am

Exchange

Tokyo rubber falls

Tokyo Commodity Exchange (TOCOM) futures fell on Monday following an abrupt end to a truce in a year-long trade war between China and the United States. The benchmark TOCOM rubber contract for January delivery finished 2.3 yen ($0.0217) lower at 166.2 yen

Published 06 Aug, 2019 12:00am

Vegetable Oil

Palm oil hits 2-month high

Malaysian palm oil futures rose over 1% on Monday evening, hitting the highest in two months on the back of strength in related edible oils and a weaker ringgit. The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchan

Published 06 Aug, 2019 12:00am

Cotton

Indian state to map cotton supply chain to stamp out child labour

A top cotton producing state in India is to start mapping its entire supply chain as part of a unique collaboration with the International Labour Organisation (ILO) to weed out child labour and slavery from its fields and factories. The southern state of

Published 06 Aug, 2019 12:00am

Coffee hits 1-1/2 months low; sugar, cocoa slide

Coffee prices on ICE hit their lowest in 1-1/2 months on Monday as the real fell versus the dollar and investors focused on excess supplies, while sugar and cocoa also slid. September arabica coffee was 3.4 cents, or 3.4%, lower at 94.75 cents per lb at 1

Published 06 Aug, 2019 12:00am

Exchange

Gold hits six-year high in Asia

Gold prices jumped more than 1% to their highest in more than six years on Monday, as the escalating trade war between the United States and China along with global growth worries drove investors towards safe-haven assets. Spot gold was up 1.1% at $1,456.

Published 06 Aug, 2019 12:00am

Exchange

Gold surges in Europe as trade worries trigger flight to safety

Gold surged 2% on Monday to its highest level in more than six years as a worsening US-China trade conflict prompted investors to dump riskier assets for safe havens, with a weaker dollar lending further fuel for bullion's run. Spot gold was up 1.4% at $1

Published 06 Aug, 2019 12:00am

Exchange

US MIDDAY: corn futures rally

Volatility roiled the commodity grain futures markets on Monday, as uncertainty in the US weather forecast supported corn and the growing tensions in the US-China trade war weighed on soyabeans. Wheat futures ended the day up on technical buying, traders

Published 06 Aug, 2019 12:00am

Exchange

US MIDDAY: gold soars 2 percent

Gold surged 2% on Monday to its highest level in more than six years as a worsening US-China trade conflict prompted investors to dump riskier assets for safe havens, with a weaker dollar supplying additional fuel for bullion's run. Spot gold was up 1.7%

Published 06 Aug, 2019 12:00am

Clean Green Pakistan: A people's movement

The Clean Green Pakistan is a people's movement and it is driven as everyone's responsibility with a focus on behavioral change to create a safe and sustainable environment for all and sundry in Pakistan. Environmental sustainability is central to the ove

Published 06 Aug, 2019 12:00am

PIA's pre-Hajj operations completed successfully

Pakistan International Airlines (PIA) Pre-Hajj operation of transporting over 82,000 intending pilgrims to Saudi Arabia successfully completed. Chief Executive Officer (CEO) PIA, Air Marshal Arshad Malik congratulated PIA Hajj team for successfully comple

Published 06 Aug, 2019 12:00am

Exchange

SECP issues SROs: PRDD, SCD directors to deal with NBFCs, Pension Funds

The Securities and Exchange Commission of Pakistan (SECP) has empowered executive director and additional director, (Policy, Regulation and Development Department (PRDD), Specialised Companies Division (SCD), to exercise certain powers of the Commission t

Published 06 Aug, 2019 12:00am

Mutual Funds

Sakrand Sugar Mills Limited

Sakrand Sugar Mills Limited (PSX:SKRS) was the third sugar mill to be established in district Shaheed Benazirabad (formerly Nawabshah) of Sindh province. Incorporated in 1989, it is a mid-sized unit with installed crushing capacity close to 865,000 metric

Published 06 Aug, 2019 12:00am

Mutual Funds

Sakrand Sugar Mills Limited

Published 06 Aug, 2019 12:00am

Golden economic triangle: Government urged to take revolutionary steps

The exporters, manufacturers and traders belonging to Golden Economic Triangle of Pakistan had urged upon the government to take drastic steps for exploiting the unrealized the potentials of unique economic golden triangle of the country. The triangle has

Published 06 Aug, 2019 12:00am

JI announces countrywide rallies to express solidarity with Kashmiris

Jamaat-e-Islami chief Sirajul Haq has announced countrywide rallies to express solidarity with the people of Indian occupied Kashmir, urging the government to take every possible step to stop New Delhi fulfill its nefarious design regarding the status of

Published 06 Aug, 2019 12:00am

LCCI condemns genocide, human rights violation in IoK

The Lahore Chamber of Commerce and Industry has strongly condemned genocide campaign, violation of human rights in Indian occupied Kashmir (IoK) and urged the government to powerfully raise the issue at all international forums. The LCCI office bearers; P

Published 06 Aug, 2019 12:00am

PML-N terms Indian move 'act of treason' against UN

Slamming the Indian government's move to revoke Article 370 of Indian Constitution which granted special status to Indian-occupied Kashmir, Pakistan Muslim League-Nawaz (PML-N) President and Opposition Leader Shahbaz Sharif on Monday said this is "unaccep

Published 06 Aug, 2019 12:00am

Punjab cabinet expresses solidarity with Kashmiris

The Punjab Cabinet, which met here on Monday with Chief Minister Sardar Usman Buzdar in the chair, expressed complete solidarity with the people of Occupied Jammu and Kashmir and also offered 'fateha' for Kashmiri martyrs. The meeting strongly condemned t

Published 06 Aug, 2019 12:00am

MoU signed for free education to police martyrs' children

Punjab police have signed a memorandum of understanding (MoU) with the Aspire Group of Colleges to provide free-of-cost and subsidize quality education to the family members of martyrs and in-service police officials. The signing ceremony was held at the

Published 06 Aug, 2019 12:00am

Pakistan needs to reform pharma regulatory framework

Pakistan needs to urgently reform its existing regulatory framework, to unlock the potential of "scale" within the local pharmaceutical manufacturing sector of Pakistan and secure access to global markets for products manufactured locally, if it is to com

Published 06 Aug, 2019 12:00am

Water Resources Management Programme: Punjab cabinet approves to seek ADB's assistance

Punjab Cabinet, which met here Monday, with chief minister Sardar Usman Buzdar in the chair, decided to get benefit from project readiness financing for Punjab Water Resources Management Programme and also gave approval to seek financial assistance from t

Published 06 Aug, 2019 12:00am

FCCI to sign MoU with LUMS

Faisalabad Chamber of Commerce and Industry (FCCI) will soon to sign a Memorandum of Understanding (MoU) with Lahore University of Management Sciences (LUMS) to yield benefit of experiences and updated knowledge. This was stated by Engineer Ahmad Hassan,

Published 06 Aug, 2019 12:00am

Partly Facetious : How did Sanjrani survive no-trust motion

"Aik Zardari sab peh bhari is what I say."

Published 06 Aug, 2019 12:00am

Cotton

Sapphire introduces re-useable canvas bags

Sapphire Retail Limited, Pakistan's leading fashion-house has introduced environment-friendly, canvas bags, made from 100pc leftover fabric and will be available in all Sapphire retail outlets from Today (August 06, 2019). The canvas bags are being launch

Published 06 Aug, 2019 12:00am

'10 million people in Pakistan infected with Hepatitis C'

Pakistan has the second highest prevalence of hepatitis C worldwide, after Egypt. Almost 10 million people in Pakistan are infected with Hepatitis C and over 5 million are suffering from Hepatitis B. This crucial situation calls for serious measures to eq

Published 06 Aug, 2019 12:00am

Eid holidays: Section 144 imposed in Punjab

The home department has imposed Section 144 across throughout the province and no one would be allowed to collect hides of sacrificial animals and display weapons. According to the notification, there would be a restriction on setting up camps for collect

Published 06 Aug, 2019 12:00am

Call for lifting ban on import of lambs from Afghanistan

Traders and tribesmen on Monday urged the authorities concerned to lift ban on import of lambs from Afghanistan via Torkham border. Talking to media persons, the traders said they are ready to pay customs duty on import of lambs from Afghanistan as in las

Published 06 Aug, 2019 12:00am

Kashmir Solidarity Day observed in Faisalabad

Kashmir Solidarity Day was observed here against the Indian cruelties in occupied Kashmir. The various govt and non-govt institutions, social, and business organisations arranged special programmes across the Faisalabad division to show solidarity with th

Published 06 Aug, 2019 12:00am

K-Electric pledges Rs 20 million for 'Let's Clean Karachi'

K-Electric has pledged 20 million rupees to support the 'Let's Clean Karachi' drive, which is being spearheaded by Federal Minister for Maritime Affairs Ali Zaidi. KE will extend full support along with its employees who will serve as volunteers in the in

Published 06 Aug, 2019 12:00am

Special body to supervise cleanliness process in capital

A special committee comprising upon Director Building Control Section (BCS) of Capital Development Authority (CDA), Director Sanitation of Metropolitan Corporation Islamabad (MCI) and representative of ICT Administration will supervise the cleanliness pro

Published 06 Aug, 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

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular