News Archives for Print - 2019-08-07

Print - 2019-08-07

Exchange

US MIDDAY: gold climbs back toward six-year peak

Gold prices strengthened on Tuesday, consolidating near the highest in more than six years as an intensifying US-China trade war threatened global economic growth.

Published 07 Aug, 2019 12:00am

Currency

US MIDDAY: corn, soyabeans ease

US corn and soyabean futures eased on Tuesday as better-than-expected rain in parts of the Midwest and forecasts for more showers lessened concerns about further yield losses in dry areas of the farm belt.

Published 07 Aug, 2019 12:00am

Exchange

Gold jumps in Europe

Gold prices strengthened on Tuesday, consolidating near the highest in more than six years as an intensifying US-China trade war threatened global economic growth.

Published 07 Aug, 2019 12:00am

Vegetable Oil

Palm oil hits fresh 2-month peak

Malaysian palm oil futures reversed early losses to close higher on Tuesday, hitting a fresh two-month high on the back of a weaker ringgit and expectations of lower August production.

Published 07 Aug, 2019 12:00am

Exchange

Tokyo rubber extends fall

Tokyo Commodity Exchange (TOCOM) futures fell for the eight consecutive session on Tuesday, even as Shanghai rubber rose on technical rebound.

Published 07 Aug, 2019 12:00am

Exchange

Brent oil in bear market as China-US trade tensions mount

Oil prices fell more than one percent on Tuesday, with Brent crude settling near seven-month lows below $60 a barrel as trade tensions between the US and China intensified worries about weakening global demand. During the session, Brent traded at a low of

Published 07 Aug, 2019 12:00am

Exchange

Copper pinned at two-year low by trade conflict

Copper prices hovered around a two-year low on Tuesday as further escalation in the US-China trade conflict delayed resolution to a dispute that has depressed economic growth and increased fears over metals demand.

Published 07 Aug, 2019 12:00am

Cotton

Cotton hovers near 3-1/2-year low as trade tensions simmer

ICE cotton futures fell on Tuesday and were holding near 3-1/2-year lows touched in the previous session, hurt by growing trade tensions between the United States and China, with the natural fiber facing demand woes.

Published 07 Aug, 2019 12:00am

Beijing warns of 'countermeasures' over US missile plans

China warned Tuesday it would take unspecified countermeasures if the United States goes ahead with plans to deploy ground-based intermediate-range missiles in the Asia-Pacific region. The comments come days after US Defense Secretary Mark Esper said Wash

Published 07 Aug, 2019 12:00am

Trump revives political bias accusations against Google

US President Donald Trump revived his criticism of Google on Tuesday, referencing a fired engineer who claimed the internet giant was working against his re-election. The latest diatribe from Trump was based on allegations voiced by a former Google engine

Published 07 Aug, 2019 12:00am

Philippine military warns on Chinese investment in key islands

The Philippine military on Tuesday warned plans by President Rodrigo Duterte's government to allow Chinese investors to develop three tiny but strategic islands could "compromise" Manila's security. Presidential spokesman Salvador Panelo said Duterte was

Published 07 Aug, 2019 12:00am

Pentagon warns Turkey against attack on Kurds in Syria

The United States warned Tuesday that any unilateral offensive by Turkey to remove a Kurdish militia in Syria would be "unacceptable" and vowed to step up talks to prevent such action. "Clearly we believe any unilateral action by them would be unacceptabl

Published 07 Aug, 2019 12:00am

US ambassador in Moscow resigns

US Ambassador to Russia Jon Huntsman is resigning after more than two years in one of the hottest of diplomatic hot seats, a US newspaper reported Tuesday. The Salt Lake Tribune published Huntsman's resignation letter to President Donald Trump in which he

Published 07 Aug, 2019 12:00am

Iran 'favours' talks despite Trump snub

President Hassan Rouhani said on Tuesday that Iran favours talks with the US if it lifts sanctions against the Islamic republic, despite his top diplomat turning down a meeting with US President Donald Trump. Rouhani said "peace with Iran is the mother of

Published 07 Aug, 2019 12:00am

Iran unveils three new precision-guided missiles

Iran unveiled three precision-guided missiles on Tuesday, with the defence minister saying they show the country is ready to defend itself in the face of US "viciousness and conspiracies". The new line-up of air-to-air missiles dubbed the "Yasin", "Balaba

Published 07 Aug, 2019 12:00am

North Korea threatens more launches after fourth test in 12 days

North Korea threatened Tuesday to carry out more weapons tests after it fired its fourth pair of projectiles in less than two weeks following the start of joint exercises between the US and the South. The rising temperature on the peninsula threatens to d

Published 07 Aug, 2019 12:00am

US ends visa-free entry for visitors to North Korea

Washington on Monday revoked visa-free entry rights to the United States for foreigners who have visited North Korea in the past eight years, potentially dealing a new blow to the isolated country's nascent tourist industry. The US allows citizens of 38 c

Published 07 Aug, 2019 12:00am

China tells Kyrgyzstan to punish mine attackers

China's embassy in Kyrgyzstan Tuesday called on the Central Asian country to punish villagers it said attacked a Chinese-owned mine, leaving more than 20 workers injured. The rare diplomatic rebuke from Beijing followed a skirmish between mine employees a

Published 07 Aug, 2019 12:00am

EU to resist Johnson 'no-deal' Brexit scare tactics: diplomats

The European Union is bracing for tough Brexit talks with Britain but will stand firm as Prime Minister Boris Johnson ramps up his "no-deal" threats, diplomats said Tuesday. Johnson, who took office late last month, says he wants to leave the EU with a de

Published 07 Aug, 2019 12:00am

Paris downplays Notre-Dame lead poisoning fears

Paris officials on Tuesday downplayed the risk of lead poisoning from the massive fire that tore through Notre-Dame cathedral in April, as tests continue to show worrying levels of the toxic metal at nearby schools. "All the tests we've carried out in a r

Published 07 Aug, 2019 12:00am

Tourists banned from sitting on Rome's Spanish Steps

Tourists to the Eternal City will no longer be able to catch their breath on the Spanish Steps, after Rome banned people from sitting on the famous monument. Police could be seen blowing whistles to order people up and off the Steps in the historic centre

Published 07 Aug, 2019 12:00am

CBOT corn rallies on unfavourable US weather

Uncertainty in the US weather forecast spurred a rally in Chicago Board of Trade (CBOT) corn futures on Monday, as volatility over increasing tensions in the US-China trade war roiled grain markets, traders said.

Published 07 Aug, 2019 12:00am

Cotton

Business improves on cotton market

Trade activity gained momentum on the cotton market on Tuesday ahead of Eid ul Azha holiday, dealers said.

Published 07 Aug, 2019 12:00am

Activities at Karachi and Port Qasim

The Karachi Port handled 128,143 tonnes of cargo comprising 104,697 tonnes of import cargo and 23,446 tonnes of export cargo including 6,000 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday.

Published 07 Aug, 2019 12:00am

Exchange

US natural gas drops to new 3-year low on record output

US natural gas futures fell to a fresh 38-month low on Monday after production rose to record highs over the weekend and the amount of gas flowing to the nation's liquefied natural gas (LNG) export terminals dropped.

Published 07 Aug, 2019 12:00am

Euronext wheat fells to 2-1/2-month low

Euronext wheat fell to a 2-1/2 month low on Monday, curbed by weakness in U.S. futures and the prospect of large crops in France and Germany where harvesting is in its latter stages.

Published 07 Aug, 2019 12:00am

Ivory Coast cocoa arrivals rise

Cocoa arrivals at ports in top grower Ivory Coast reached 2.138 million tonnes for the October 1, 2018 - August 4 period, exporters estimated on Monday, up from 1.972 million tonnes during the same period last season.

Published 07 Aug, 2019 12:00am

Asia's naphtha falls to 1-1/2-week low

Asia's naphtha crack fell to a 1-1/2 week low of $29.13 a tonne as spot purchases for September cargoes slowed as most buyers have replenished stocks for the first half of September.

Published 07 Aug, 2019 12:00am

CBOT soyabean ends flat on US-China trade war

Chicago Board of Trade (CBOT) soyabean futures faced a volatile day of trading Monday, but ultimately ended the session on a flat note, amid growing tensions in the US-China trade war, traders said.

Published 07 Aug, 2019 12:00am

CBOT wheat rises on technical buying

Chicago Board of Trade (CBOT) wheat futures rose on Monday on technical buying and short covering, following a rally in corn, traders said.

Published 07 Aug, 2019 12:00am

Exchange

PMEX daily trading report

On Monday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,002.

Published 07 Aug, 2019 12:00am

Exchange

Nigeria weakens

Nigerian naira was quoted at 363.50 on Tuesday, weaker than 362.80 a week ago, traders said, as foreign investors exited local bonds and businesses repatriated dividends.

Published 07 Aug, 2019 12:00am

Currency

Sterling rises off lows but Brexit fears cap gains

The British pound rebounded on Tuesday to hold above recent lows, although it remained vulnerable as traders still worry that Britain is headed for a no-deal Brexit. Sterling hit a new, almost two-year low against the euro overnight, with the losses large

Published 07 Aug, 2019 12:00am

Currency

Most Asian currencies stem further losses

Most Asian currencies regained some of their footing on Tuesday, as signs Beijing is keen to stem the yuan's slide soothed markets unnerved by the Trump administration's labelling of China as a currency manipulator. People's Bank of China's firmer-than-ex

Published 07 Aug, 2019 12:00am

Nearly $3 billion yanked from emerging markets

The US-China trade war escalation has seen nearly $3 billion yanked out of emerging market stocks and bonds this week, financial market flow tracker the Institute of International Finance has estimated. The rising tensions have seen international investor

Published 07 Aug, 2019 12:00am

Nearly $3 billion yanked from emerging markets

Published 07 Aug, 2019 12:00am

Currency

Aussie, kiwi up

The Australian dollar snapped a 12-day losing streak on Tuesday after the country posted its biggest trade surplus ever and the central bank paused policy easing after two back-to-back cuts. The Australian dollar was 0.6% higher at $0.6798, after hitting

Published 07 Aug, 2019 12:00am

Currency

Yuan breaks key 7-per-dollar level in New York

China let its yuan weaken below 7 to the dollar on Monday, an 11-year low, adding to broad risk aversion on concerns about the escalation of the US-China trade war. Investors dumped export-oriented Asian currencies and rushed into safe havens, with the Ja

Published 07 Aug, 2019 12:00am

Currency

Early trade in New York: Yuan strengthens; yen and Swiss franc fall

The Chinese yuan strengthened and demand for safe haven currencies like the Japanese yen and Swiss franc fell on Tuesday as China appeared to take steps to stabilize its currency, after the yuan on Monday breached a key level and sparked broad risk aversi

Published 07 Aug, 2019 12:00am

Currency

Offshore yuan pulls off all-time low in Europe

The yuan pulled back from an all-time low in offshore trade on Tuesday after Beijing appeared to take steps to prevent it weakening further, following a sharp drop that prompted the US government to declare China was manipulating its currency.

Published 07 Aug, 2019 12:00am

Currency

Yuan pulls off lows, yen slumps in Asia

The offshore yuan managed to come off an all-time low on Tuesday after Beijing appeared to take steps to prevent the currency from sliding further, following a sharp drop that prompted the US government to label China a currency manipulator.

Published 07 Aug, 2019 12:00am

KP Junior Age Group Squash Championship begins

Khyber Pakhtunkhwa Junior Age Group Squash Championship in Under-11, Under-13, Under-15 and Girls Under-15 categories got under way here at PAF Hashim Khan Squash Complex on Tuesday. Haji Abdul Ghafoor, Head of the Aquapura, water purification chlorine ta

Published 07 Aug, 2019 12:00am

Du Plessis confirmed as South Africa Test captain

Faf du Plessis will captain South Africa in the Test series against India in October but may not lead the side in all formats, Corrie van Zyl, Cricket South Africa's (CSA) new acting director of cricket said on Tuesday. Van Zyl, who was appointed to the a

Published 07 Aug, 2019 12:00am

Kerb

Kontaveit downs Sharapova, Kerber falls in Toronto

Anett Kontaveit spoiled Maria Sharapova's return from injury Monday, rallying to beat the five-time Grand Slam champion 4-6, 6-3, 6-4 at the WTA tournament in Toronto. Sharapova, competing for the first time since retiring from her first-round match at Wi

Published 07 Aug, 2019 12:00am

Stage 4 of Tour of Poland cancelled after Lambrecht death

Organisers of the Tour of Poland have cancelled Tuesday's scheduled fourth stage following the death of Belgian rider Bjorg Lambrecht. "Out of respect for Bjorg, the organisers with the officials and the teams have decided that the fourth stage of the Tou

Published 07 Aug, 2019 12:00am

US athletics legend Lewis lashes Trump

Olympic athletics legend Carl Lewis, attending the Pan American Games at the invitation of Lima organizers, took the opportunity to slam US President Donald Trump on Monday. "We have a president who is racist and a misogynist, who doesn't value anybody bu

Published 07 Aug, 2019 12:00am

WADA lifts ban on Stockholm lab

The World Anti-Doping Agency said Monday it was lifting the partial suspension of a Stockholm laboratory, which had been barred from conducting one type of anti-doping test. WADA had announced in November of 2018 that the Doping Control Laboratory at the

Published 07 Aug, 2019 12:00am

Sharjeel to undergo PCB's rehabilitation programme

Banned Pakistani cricketer Sharjeel Khan has written a letter to the Pakistan Cricket Board (PCB) giving his consent, to participate in the PCB's rehabilitation program. Sharjeel Khan was suspended and sent back home after the start of the IInd edition of

Published 07 Aug, 2019 12:00am

PSL 2020 playoffs, final to be held in Lahore

The playoffs and final of the fifth edition of the Pakistan Super League (PSL) will be held in Lahore while Karachi will host the opening ceremony on February 20. Lahore, Karachi, Multan and Rawalpindi have been picked as the four cities to host the entir

Published 07 Aug, 2019 12:00am

Archer takes six wickets to boost Ashes fitness bid

Jofra Archer boosted his bid to prove his fitness for the second Test against Australia as the England pace bowler took six wickets and scored a century in Sussex's Second XI's clash with Gloucestershire on Tuesday. Archer missed England's first Test defe

Published 07 Aug, 2019 12:00am

Doping in cricket: Shaw ban raises questions for India

India's powerful cricket board is under pressure to bring its anti-doping procedures into line with world standards after questions were raised over the ban handed to teenage star Prithvi Shaw. Shaw, the 19-year-old prodigy often compared to Sachin Tendul

Published 07 Aug, 2019 12:00am

Lille break club record for Turkey's Yazici

Lille have paid a club record 16.5 million euros ($18.4 million) for Trabzonspor's Turkey attacking midfielder Yusuf Yazici, the French outfit announced on Tuesday. The fee for 22-year-old Yazici, who has made 14 international appearances since his debut

Published 07 Aug, 2019 12:00am

Currency

US interest rates 'in right neighbourhood': Fed's Bullard

US interest rates now are "in the right neighbourhood," James Bullard, a key member of the central bank policy board, told AFP on Tuesday, seeming to wave off expectations of another cut soon, despite the relentless pressure President Donald Trump. After

Published 07 Aug, 2019 12:00am

White House advisor calls for Fed to cut rates aggressively

White House trade advisor Peter Navarro said Tuesday the Federal Reserve should cut interest rates aggressively to be more in line with other economies. Navarro accused the Fed of raising too fast last year and despite a rate cut last week of 25 basis poi

Published 07 Aug, 2019 12:00am

US-African trade lagging despite free access

Trade between the United States and sub-Saharan Africa is in the doldrums despite a 2000 US law designed to boost access the American market, a conference in Ivory Coast has been told. The African Growth and Opportunity Act, which in 2015 was extended to

Published 07 Aug, 2019 12:00am

'No Japan' banners scrapped in Seoul after outcry

A Seoul district was forced to backtrack within hours of starting to put up more than 1,000 anti-Japan banners in the centre of the South Korean capital on Tuesday as a trade dispute rages between the neighbours. Local authority workers began hanging the

Published 07 Aug, 2019 12:00am

Bombardier signs $4.5 billion contract to build Cairo monorail

Canadian manufacturing group Bombardier announced on Monday it had signed a multi-billion dollar agreement to build two automated monorail lines in Egypt's notoriously congested capital Cairo. The $4.5 billion (4 billion euro) agreement, which was signed

Published 07 Aug, 2019 12:00am

Exchange

China opposes 'currency manipulator' label

China's central bank said Tuesday it is "resolutely opposed" to the United States labeling Beijing a currency manipulator a day after it let the yuan weaken significantly against the dollar. China's central bank steadied the yuan on Tuesday, but stock mar

Published 07 Aug, 2019 12:00am

Australia's trade surplus swells to record in rare bright spot

Australia's trade surplus swelled to historic highs in June and likely gifted the country its first current account surplus since the 1970s, a timely buffer as the world descends ever closer to an all-out trade war. Continued strength in resource exports

Published 07 Aug, 2019 12:00am

HSBC to pay nearly 300 million euros to end Belgian probe

HSBC has agreed to pay nearly 300 million euros to end a Belgian criminal investigation into allegations of massive fraud and money-laundering involving wealthy diamond traders, prosecutors said on Tuesday.

Published 07 Aug, 2019 12:00am

Gannett, GateHouse to merge in tie-up of big US newspaper groups

USA Today publisher Gannett agreed to a merger Monday with rival GateHouse in a deal creating the largest US newspaper group, aiming for bigger scale to face the challenges of the troubled sector. GateHouse parent New Media Investment Group will buy Ganne

Published 07 Aug, 2019 12:00am

Currency

FTSE 100 falls for 6th straight day

London's FTSE 100 closed sharply lower on Tuesday, its sixth straight session in the red, bringing its losses to more than 5% since US President Donald Trump announced more tariffs on Chinese exports, while poor results sent Rolls-Royce tumbling.

Published 07 Aug, 2019 12:00am

Currency

SE Asian stocks largely down

Most Southeast Asian stock markets closed lower on Tuesday, with the Philippines losing 1.6%, as fears of a possible currency war between the United States and China spooked investors. The US Treasury Department said on Monday it had determined that China

Published 07 Aug, 2019 12:00am

Indian shares up

Indian shares closed higher on Tuesday ahead of the central bank's monetary policy decision, with banking and financial stocks leading the gains. The broader NSE index ended 0.79% higher at 10,948.25, while the benchmark BSE index closed up 0.75% at 36,97

Published 07 Aug, 2019 12:00am

Currency

European shares extend trade driven slide to third day

European shares finished lower on Tuesday weighed down by trade worries as support from upbeat German data and China stepping in to stabilise its currency proved to be temporary. After trading higher for most of the session and gaining up to 0.7%, the pan

Published 07 Aug, 2019 12:00am

Currency

China's yuan steadies but stocks plunge

China's tumbling yuan steadied on Tuesday as authorities took steps to contain its slide while stocks plunged after Washington labelled Beijing a currency manipulator, marking a sharp escalation in US trade tensions. The currency has slumped 2.3% over the

Published 07 Aug, 2019 12:00am

Currency

Australian shares extend losses

Australian shares fell more than 2% on Tuesday, extending losses to a fifth straight session, after Washington branded Beijing a currency manipulator, escalating a bruising trade dispute that is increasingly weighing on global demand and financial markets

Published 07 Aug, 2019 12:00am

Currency

US-China trade row sends Treasury yields tumbling

US Treasury yields tumbled on Monday, with 10-year yields hitting the lowest since November 2016, as fears over escalating US-China trade tensions renewed concerns about an economic downturn and spurred a fourth straight session of gains in bonds. China a

Published 07 Aug, 2019 12:00am

Tokyo stocks down

Tokyo stocks fell for a third consecutive session Tuesday in volatile trade, plunging nearly three percent at one point over US-China trade war worries but paring losses later in the session. The Nikkei 225 index lost 0.65 percent, or 134.98 points, to cl

Published 07 Aug, 2019 12:00am

Exchange

US top indexes post biggest percentage drop of 2019

Wall Street's major indexes posted their biggest percentage drop of the year on Monday as a fall in the yuan following US President Donald Trump's vow to impose additional tariffs on Chinese goods sparked fears of further escalation of the US-China trade

Published 07 Aug, 2019 12:00am

Currency

Tuesday's early afternoon trade: S&P and Nasdaq set to snap six-day losing streak

US stocks rose on Tuesday as China stepped in to stabilize the yuan, soothing concerns that currencies would be the latest weapon in the long-drawn trade war, a day after Wall Street suffered their sharpest one-day percentage drops of the year. China's ov

Published 07 Aug, 2019 12:00am

Currency

Tuesday's early afternoon trade: S&P and Nasdaq set to snap six-day losing streak

Published 07 Aug, 2019 12:00am

Currency

Major Gulf markets sag on escalating US-China trade war

Major Middle Eastern stock markets fell on Tuesday, led lower by financial stocks and mirroring losses in global markets triggered by the US calling China a currency manipulator in a rapid escalation of the trade war between the two countries. China's cen

Published 07 Aug, 2019 12:00am

CDWP approves 12 projects worth Rs 14.5 billion

A meeting of Central Development Working Party (CDWP) Tuesday was held under the Deputy Chairman Planning Commission Dr Muhammad Jahanzeb Khan and approved 12 projects worth Rs 14.5 billion and recommended three projects worth Rs 18 billion to the ECNEC f

Published 07 Aug, 2019 12:00am

China to expedite CPFTA-II implementation

Chinese Ambassador to Pakistan, Yao Jing called on Secretary Commerce Sardar Ahmad Nawaz Sukhera here at Ministry of Commerce Tuesday. The secretary commerce underscored that early operationalisation of the phase-II of China-Pakistan Free Trade Agreement

Published 07 Aug, 2019 12:00am

Korangi leather sector : UNIDO-GEF initiative for upgradation praised

President PTA (SZ) Environmental Society of Pakistan Tanners Association (SZ), Gulzar Firoz has applauded the initiative taken by UNIDO-GEF for the upgradation of Korangi leather sector and appreciated to impart essential sessions for saving skin and hide

Published 07 Aug, 2019 12:00am

Entire nation is united on issue of Kashmir: Firdous

Special Assistant to the Prime Minister on Information and Broadcasting, Dr Firdous Ashiq Awan Tuesday said that Pakistan cannot abandon Kashmiri people and stands with them in their just struggle for right to self-determination in Occupied Kashmir.

Published 07 Aug, 2019 12:00am

i2i Ventures Launches and Announces First Investment in Pakistan

An early-stage investment fund - Invest2Innovate (i2i) Ventures, with a focus on Pakistan-based technology enabled companies, has announced a $15 million fund and their first investment in Pakistani start up Mauqa Online.

Published 07 Aug, 2019 12:00am

Blast in Quetta leaves one dead, 13 wounded

At least one person was killed and 13 others injured in an explosion in a market in Quetta's Mission Chowk on Tuesday. As per the details, the blast second in the last one week- took place in a small market located on the city's busy Mission Road, killing

Published 07 Aug, 2019 12:00am

Power failure at Dhabeji creates water shortage

KW&SB's strategic pumping station at Dhabeji witnessed yet another power breakdown on Tuesday evening, resulting in suspension of water supply to the city which is already facing a water shortfall of over 50 percent.

Published 07 Aug, 2019 12:00am

LUMHS to have cancer ward

The ground breaking ceremony of cancer ward, going to be established at LUMHS Jamshoro by Nuclear Institute of Medicine & Radiotherapy (NIMRA) funded by the Sindh Government was performed on Tuesday.

Published 07 Aug, 2019 12:00am

Telenor Microfinance Bank signs MoU with Samsung Electronics

Telenor Microfinance Bank and Samsung Electronics have signed a Memorandum of Understanding (MoU) for disbursement of payments to Samsung's channel partners through the bank's digital banking service, Easypaisa. The partnership will enable Samsung Electro

Published 07 Aug, 2019 12:00am

CPJ calls on India to ensure access to internet and communications services in Kashmir

The Committee to Protect Journalists on Monday expressed alarm at reports of a communication blackout and the arrest of a journalist in Indian-controlled Jammu and Kashmir state amid an escalating political crisis.

Published 07 Aug, 2019 12:00am

China warns Hong Kong protesters against playing with 'fire'

China warned Hong Kong's pro-democracy protesters Tuesday that "those who play with fire will perish by it", a day after the most widespread unrest of the two-month crisis.

Published 07 Aug, 2019 12:00am

Thai army destroys thousands of landmines in jungle

Pulling back to a safe distance atop a hill, Thai troops blew up thousands of anti-personnel landmines on Tuesday with controlled explosions that sent black plumes of smoke high above jungle treetops.

Published 07 Aug, 2019 12:00am

UN warns Italy over tough law on migrant rescue boats

The UN voiced concern Tuesday over a law approved by Italy's parliament that imposes stiffer penalties on NGO migrant rescue boats in the Mediterranean, demanding humanitarian work "not be criminalised or stigmatised."

Published 07 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 07 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 07 Aug, 2019 12:00am

Exchange

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (August 06, 2019).

Published 07 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 Tuesday (August 06, 2019).

Published 07 Aug, 2019 12:00am

Libor

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Tuesday (August 06, 2019).

Published 07 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 Tuesday (August 06, 2019).

Published 07 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 Tuesday (August 06, 2019).

Published 07 Aug, 2019 12:00am

Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (August 06, 2019).

Published 07 Aug, 2019 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (August 06, 2019).

Published 07 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 Tuesday (August 06, 2019).

Published 07 Aug, 2019 12:00am

Exchange

Currency values in terms of Special Drawing Rights

The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special Drawing Rights (SDR).

Published 07 Aug, 2019 12:00am

Libor

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 27	278.95
USD PKR Interbank Buying / Jan 27	278.80
USD to Japanese Yen / Jan 27	154.64
USD to Swiss Franc / Jan 27	0.90
Pound Sterling to USD / Jan 27	1.25
Euro to USD / Jan 27	1.05

Stock	Volume
S&P 500 / Jan 24	6,101.24
Nasdaq / Jan 24	19,954.30
Dow Jones / Jan 24	44,424.25
India Sensex / Jan 27	75,346.55
Tokyo Nikkei / Jan 27	39,565.80
Hang Seng / Jan 27	20,197.77
FTSE 100 / Jan 27	8,485.58
Germany DAX 30 / Jan 27	21,124.29

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 24	18,485
Gold 10 Grams PKR / Jan 24	248,285
Crude Oil USD/Barrel / Jan 27	74.82
Gold Spot USD/Ounce / Jan 27	2,763.59
Cotton US¢/pound / Jan 27	67.70
Petrol/Litre / Jan 28	256.13

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd (Pref) / Jan 27 Chenab Limited (Pref)(CLCPS)	3.93 ▲ 0.49 (14.24%)
Chenab Ltd / Jan 27 Chenab Limited(CHBL)	8.57 ▲ 1 (13.21%)
B. F. Mod. / Jan 27 B.F. Modaraba(BFMOD)	8.39 ▲ 0.89 (11.87%)
Sanghar Sugar / Jan 27 Sanghar Sugar Mills Limited(SANSM)	25.36 ▲ 2.31 (10.02%)
Leather Up Ltd. / Jan 27 Leather Up Limited(LEUL)	36.70 ▲ 3.34 (10.01%)
Shahtaj Sugar / Jan 27 Shahtaj Sugar Mills Limited(SHJS)	113.69 ▲ 10.34 (10%)
At-Tahur Ltd. / Jan 27 At-Tahur Limited(PREMA)	25.85 ▲ 2.35 (10%)
Archroma Pak / Jan 27 Archroma Pakistan Limited(ARPL)	478.56 ▲ 43.51 (10%)
Saritow Spinning / Jan 27 Saritow Spinning Mills Limited(SSML)	12.24 ▲ 1.11 (9.97%)

Stock	Price
LSE Financial Serv. / Jan 27 LSE Financial Services Limited(LSEFSL)	17.52 ▼ -1.95 (-10.02%)
Sui South Gas / Jan 27 Sui Southern Gas Company Limited(SSGC)	39.53 ▼ -4.39 (-10%)
Hussain Industries / Jan 27 Husein Industries Limited(HUSI)	28.50 ▼ -3.14 (-9.92%)
Arctic Textile / Jan 27 Arctic Textile Mills Limited(ARCTM)	18.90 ▼ -2.08 (-9.91%)
Apna Microfin. / Jan 27 Apna Microfinance Bank Limited(AMBL)	10.09 ▼ -1.1 (-9.83%)
National Silk / Jan 27 The National Silk & Rayon Mills Limited(NSRM)	50 ▼ -5.44 (-9.81%)
Gammon Pak / Jan 27 Gammon Pakistan Limited(GAMON)	38 ▼ -4.04 (-9.61%)
Unicap Modaraba / Jan 27 Unicap Modaraba(UCAPM)	2.57 ▼ -0.27 (-9.51%)
Synthetic Prod / Jan 27 Synthetic Products Enterprises Limited(SPEL)	41 ▼ -4.06 (-9.01%)

Stock	Volume
Cnergyico PK / Jan 27 Cnergyico PK Limited(CNERGY)	61,454,571 ▼ -0.13
Sui South Gas / Jan 27 Sui Southern Gas Company Limited(SSGC)	57,677,562 ▼ -4.39
WorldCall Telecom / Jan 27 Worldcall Telecom Limited(WTL)	33,767,457 ▼ -0.06
The Searle Co. / Jan 27 The Searle Company Limited(SEARL)	26,713,969 ▼ -5.54
Pak Elektron / Jan 27 Pak Elektron Limited(PAEL)	22,757,545 ▲ 0.67
Fauji Cement / Jan 27 Fauji Cement Company Limited(FCCL)	20,797,108 ▼ -0.46
Citi Pharma Ltd / Jan 27 Citi Pharma Ltd.(CPHL)	18,489,077 ▼ -6.73
P.T.C.L. / Jan 27 Pakistan Telecommunication Company Ltd(PTC)	18,264,183 ▲ 0.82
Ghani Chem. Ind. / Jan 27 Ghani Chemical Industries Limited(GCIL)	17,202,553 ▲ 0.67

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