News Archives for Print - 2019-08-24

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Print - 2019-08-24

Currency

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (August 23, 2019).

Published 24 Aug, 2019 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (August 23, 2019).

Published 24 Aug, 2019 12:00am

Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (August 23, 2019).

Published 24 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 Friday (August 23, 2019).

Published 24 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 Friday (August 23, 2019).

Published 24 Aug, 2019 12:00am

Libor

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Friday (August 23, 2019).

Published 24 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 Friday (August 23, 2019).

Published 24 Aug, 2019 12:00am

Exchange

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (August 23, 2019).

Published 24 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 24 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 24 Aug, 2019 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 24 Aug, 2019 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 24 Aug, 2019 12:00am

Aaj TV - Saturday's schedule

All timings are in PST (Pakistan Standard Time).

Published 24 Aug, 2019 12:00am

US natural gas futures fall on lower cooling demand

US natural gas futures fell on Thursday on forecasts of lower cooling demand over the next two weeks as the peak summer season approaches its end, with prices further weighed down by record high production.

Published 24 Aug, 2019 12:00am

Exchange

PMEX daily trading report

On Thursday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,066. The traded value of Metals, Energy and COTS/FX was recorded at PKR 7.039 billion and the numbers of lots traded were 9,007.

Published 24 Aug, 2019 12:00am

China buys US soya after imposing ban on American farm goods

China snapped up a small volume of US soyabeans last week after pledging to halt purchases of American farm products due to the escalating trade war between Washington and Beijing, US Department of Agriculture data showed on Thursday. The world's largest

Published 24 Aug, 2019 12:00am

Exchange

China's iron ore futures rebound from 10-week low

Iron ore futures in China rebounded in late trade on Thursday from a 10-week low, while the front-month contract in Singapore rose back above $80 a tonne, following a selloff that was deemed exaggerated. The most-traded January 2020 iron ore contract on t

Published 24 Aug, 2019 12:00am

Activities at Karachi and Qasim Ports

The Karachi Port handled 75,452 tonnes of cargo comprising 46,692 tonnes of import cargo and 28,760 tonnes of export cargo including 3,451 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargos of 46,6

Published 24 Aug, 2019 12:00am

Cotton

Cotton prices up on improved demand by mills

Prices showed further improvement on the cotton market on Friday in the process of trading activity, dealers said. The official spot rate was higher by Rs 100 to Rs 8000, they added. In ready session, over 12000 bales of cotton changed hands between Rs 78

Published 24 Aug, 2019 12:00am

Euronext wheat up as export prospects weighed

Euronext wheat edged higher on Thursday, consolidating above contract lows with support from a firm trend in Chicago and a weaker euro, while traders assessed a mixed export outlook for west European wheat. Benchmark December milling wheat on Paris-based

Published 24 Aug, 2019 12:00am

Four dead, 33 missing after Indonesia ferry fire

At least four people died and nearly three dozen were missing after a passenger ferry went up in flames off Indonesia's Java island, authorities said Friday. The boat was travelling from Indonesia's second-biggest city Surabaya to Balikpapan on Borneo isl

Published 24 Aug, 2019 12:00am

Moulton latest to drop out of US Democratic race

US Congressman Seth Moulton is the latest candidate to drop out of the Democratic Party race for the White House, US media reported Friday. The representative from Massachusetts becomes the fourth candidate to quit due to poor polling, narrowing the crowd

Published 24 Aug, 2019 12:00am

David Koch, billionaire donor to Republican causes, dies age 79

David Koch, a billionaire American libertarian and influential donor to conservative causes, has died at age 79 after a long battle with cancer, his brother Charles said Friday.

Published 24 Aug, 2019 12:00am

Talks to form new Italy coalition 'positive'

Italy's centre-left Democratic Party (PD) said talks Friday with the anti-establishment Five Star Movement on forming a workable coalition government had been "positive". The country's president Sergio Mattarella on Thursday gave the parties four days to

Published 24 Aug, 2019 12:00am

Russia launches floating nuclear reactor in Arctic despite warnings

Russia launched the world's first floating nuclear reactor on Friday, sending it on an epic journey across the Arctic, despite environmentalists warning of a "Chernobyl on ice."

Published 24 Aug, 2019 12:00am

CEIF IMSciences inks MoU with AlHuda Centre

Industry wing of CEIF IMSciences, Peshawar on Friday signed MoU with AlHuda Centre for Islamic Banking and Economics for collaboration in international trainings and consultancies. According to press statement issued here, the MoU is part of CEIF IMScienc

Published 24 Aug, 2019 12:00am

SAP goes live at Multan's BZU

Excellence Delivered (ExD), the only Platinum Partner of SAP in Pakistan, has implemented SAP S/4HANA at Bahauddin Zakariya University (BZU), Multan. BZU, the first public sector university to implement SAP S/4HANA in Pakistan, now stands among some of th

Published 24 Aug, 2019 12:00am

HCBA moves IHC to recover missing lawyer

The High Court Bar Association (HCBA) Multan on Friday filed a petition before the Islamabad High Court (IHC) seeking recovery of a missing lawyer Muhammad Yafis Naveed.

Published 24 Aug, 2019 12:00am

Sanofi & SehatKahani collaborate to improve diabetes care in Pakistan

Sanofi Pakistan announced its collaboration with SehatKahani for elevating the standards of diabetes care among the underserved communities in Pakistan. At an MoU signing ceremony, both organisations pledged to implement a robust nationwide program throug

Published 24 Aug, 2019 12:00am

Pakistan Welfare Towns; Chief of Air Staff, NA Speaker discuss welfare project

The Chief of Air Staff Mujahid Anwar Khan called on the Speaker National Assembly on Friday to discuss welfare project for the marginalized communities known as Pakistan Welfare Towns.

Published 24 Aug, 2019 12:00am

Fake bank accounts case: another accused wants to become approver, AC told

National Accountability Bureau (NAB) Friday informed the Accountability Court that another accused of the multibillion rupees fake bank accounts case, an official of Sindh Bank, has filed an application to turn an approver.

Published 24 Aug, 2019 12:00am

Pakistan economic policy achieves remarkable results: Sina Finance

Pakistan's economic policy adopted by the present government led by Prime Minister Imran Khan during the last one year, has achieved remarkable results, Sina Finance, one of the largest financial news portals in China reported on Friday.

Published 24 Aug, 2019 12:00am

Symposium held at UMT

University of Management& Technology (UMT) has organised a symposium entitled "Pakistan Democracy at 72: What's Gone Wrong? The purpose of this Symposium was invitation of a dialogue between distinguished Scholars & Practitioners from diverse fields inclu

Published 24 Aug, 2019 12:00am

SAFA Foundation Day celebrated

: Institute of Cost and Management Accountants of Pakistan (ICMA Pakistan) and Institute of Chartered Accountants of Pakistan celebrated South Asian Federation of Accountants (SAFA) Foundation Day. A ceremony was held at ICMA Pakistan Lahore Centre. Zia u

Published 24 Aug, 2019 12:00am

JS Bank & WWF-P initiate mangroves plantation drive

To mitigate the impact of climate change and increase tree cover, WWF-Pakistan and JS Bank launched a drive to plant 100,000 mangrove saplings along the coastal belt of Balochistan. This campaign aims to mitigate climate change, regulate water cycles and

Published 24 Aug, 2019 12:00am

Exchange

China stocks post best week in two months on rate cut bets, trade talk hopes

China stocks closed higher on Friday and posted their best week in two months, as investors hoped for progress in Sino-US trade negotiations as the United States still plans in-person talks next month. The blue-chip CSI300 index rose 0.7% to 3,820.86, whi

Published 24 Aug, 2019 12:00am

Exchange

Japanese stocks up

Japanese stocks rose on Friday, drawing support from a weaker yen, firmer Chinese and US markets, and a jump in domestic defence shares as ties with South Korea sour further. The Nikkei share average ended the day 0.4% higher at 20,710.91 points. It was u

Published 24 Aug, 2019 12:00am

Friday's late afternoon trade: Trump tweetstorm sinks Wall Street as trade war rages on

Wall Street plunged in a broad sell-off on Friday as China and the United States traded their latest salvos in a prolonged trade war, spooking investors and erasing slight gains following a generally positive speech by US Federal Reserve chair Jerome Powe

Published 24 Aug, 2019 12:00am

Exchange

S&P stalls in economic data offset, ahead of Fed speech

The benchmark S&P 500 ended little changed on Thursday as a fall in US jobless claims offset data showing a contraction in US manufacturing activity while investors awaited Federal Reserve Chair Jerome Powell's speech on Friday for clues on the central ba

Published 24 Aug, 2019 12:00am

Hong Kong stocks finish week on positive note

Hong Kong shares ended the week with a healthy rise on Friday as investors look ahead to a key speech later in the day by Federal Reserve boss Jerome Powell hoping for hints at further interest rate cuts. The Hang Seng Index jumped 0.50 percent, or 130.61

Published 24 Aug, 2019 12:00am

Treasury yields rise

Treasury yields rose on Thursday after two Federal Reserve officials said they saw no reason to cut interest rates without new economic deterioration, a day after Fed meeting minutes showed policymakers disagreed on the US central bank's rate cut last mon

Published 24 Aug, 2019 12:00am

Treasury yields rise

Published 24 Aug, 2019 12:00am

Australian shares post first weekly gain in four

Australian shares posted their first weekly gain in four weeks on Friday, as significant gains in real estate firms pushed the benchmark higher although fears of an impending global recession and the festering Sino-US trade spat kept investors cautious. T

Published 24 Aug, 2019 12:00am

Indian shares snap losing streak

Indian shares rebounded to end higher on Friday, after three sessions of declines, as investors awaited an official announcement later in the day amid expectations of a fiscal stimulus to revive growth in Asia's third-largest economy. The broader NSE inde

Published 24 Aug, 2019 12:00am

European shares slide as US-China trade war intensifies

European shares fell on Friday after US President Donald Trump furiously reacted to China's latest imposition of tariffs on certain US goods, while a lack of direction in the US central bank's rate outlook somewhat frustrated investors. In a surprise move

Published 24 Aug, 2019 12:00am

Nigerian stocks rally to three-week high

Nigerian stocks extended their rally on Friday to a three-week high following President Muhammed Buhari's inauguration of cabinet ministers, boosting hopes for reforms that could lift growth for Africa's biggest economy, traders said. Nigeria's economy ha

Published 24 Aug, 2019 12:00am

Southeast Asian markets: Singapore falls; Vietnam snaps seven weeks of gains

Singapore stocks declined on Friday as authorities trimmed full-year inflation forecast towards the lower half of their guidance range, while last-minute buying in blue chips saw Philippine shares reverse course to end higher. The city state's core inflat

Published 24 Aug, 2019 12:00am

Trump tweet topples FTSE

London's main share index handed back its early gains to end lower on Friday after US President Donald Trump's tweeted "order" that US companies shut operations in China, which dragged internationally exposed miners and banks into the red. However, a 32%

Published 24 Aug, 2019 12:00am

Exchange

India rolls back tax hike on investors; outlines steps to boost sentiment

India is rolling back recent tax hikes on foreign and domestic equity investors and is accelerating a capital infusion of $10 billion into state-run banks, the finance minister said late on Friday, in an attempt to boost market sentiment and revive the sl

Published 24 Aug, 2019 12:00am

Malaysia makes record $161 million drug seizure

Malaysian authorities seized over three tonnes of cocaine and ketamine worth $161 million, officials said Friday, the biggest drug seizure in the country's history. Customs officials and police had found 467 kilograms (1,030 pounds) of ketamine and about

Published 24 Aug, 2019 12:00am

Fuel supplies halted to debt-ridden Air India

Air India called Friday for government help after oil companies stopped supplying the debt-ridden national flag carrier with jet fuel at six domestic airports due to late payment of dues. "We have huge outstanding debts and are awaiting equity support fro

Published 24 Aug, 2019 12:00am

Ryanair closing four Spanish bases, threatening 512 jobs

Ryanair said Friday it is closing four of its bases in Spain, a move a union said would result in more than 500 job losses. The low-cost airline, facing a September cabin strike, said it would shut its Canary Islands bases of Tenerife, Lanzarote and Gran

Published 24 Aug, 2019 12:00am

Sri Lanka cuts rates as economy struggles after Easter attacks

Sri Lanka's central bank cut its main lending rate Friday for the second time in three months hoping to lift the economy as its struggles in the wake of the devastating Easter attacks that hit the key tourism sector. The Central Bank of Sri Lanka (CBSL) s

Published 24 Aug, 2019 12:00am

Transat shareholders accept Air Canada takeover

Tour operator Transat's shareholders on Friday voted overwhelmingly in support of a takeover bid by Canada's flagship airline Air Canada for Can$720 million (US$540 million), creating a domestic giant with a 60 percent share of the Canadian travel market.

Published 24 Aug, 2019 12:00am

German government sees economy sliding into recession

The German government expects Europe's largest economy to slide into recession in the third quarter, Der Spiegel magazine reported on Friday. The government forecasts output will contract slightly in the July-September period as it did in the second quart

Published 24 Aug, 2019 12:00am

BA pilots to strike for three days in September

British Airways pilots on Friday said they will strike for three days in September in a dispute over pay, in a move that could affect tens of thousands of travellers. The strikes on September 9, 10 and 27 were announced by the British Airline Pilots Assoc

Published 24 Aug, 2019 12:00am

Hasbro to buy 'Peppa Pig' owner for $4 billion

US toymaker Hasbro announced Thursday that it is acquiring studio Entertainment One, which owns popular cartoon series "Peppa Pig" among other children's content, for approximately $4 billion. Under the all-cash transaction, Entertainment One shareholders

Published 24 Aug, 2019 12:00am

Mexican economy stagnates

Mexico registered zero economic growth in the second quarter, according to revised data released Friday, meaning that Latin America's second-biggest economy dodged a recession even more narrowly than previously thought. "Gross domestic product (GDP)... re

Published 24 Aug, 2019 12:00am

Japan's core inflation hovers at two-year low

Japan's core consumer inflation wallowed at a two-year low in July, increasing pressure for the central bank to acknowledge price momentum was slowing and expand its radical stimulus programme. With the global economy hit by the Sino-US tariff war and a p

Published 24 Aug, 2019 12:00am

US new home sales drop sharply, point to more housing weakness

Sales of new US single-family homes sank more than expected in July, a sign that the housing market continued in low gear despite lower mortgage rates and a strong labour market. The Commerce Department said on Friday new home sales dropped 12.8% to a sea

Published 24 Aug, 2019 12:00am

Jadeja leads India to 297 in first Test

Ravindra Jadeja played a key role in extending India's first innings as they were eventually dismissed for 297 on the stroke of lunch on the second day of the first Test against the West Indies at the Sir Vivian Richards Stadium in Antigua. Jadeja was las

Published 24 Aug, 2019 12:00am

Australia on brink of retaining Ashes after England's woeful 67 all out

Josh Hazlewood took five wickets as England were bowled out for just 67 on the second day of the third Test at Headingley on Friday to leave Australia on the verge of retaining the Ashes. This was England's lowest Ashes total since 1948 and the fourth tim

Published 24 Aug, 2019 12:00am

Quartararo sets new MotoGP track record at Silverstone

French rookie Fabio Quartararo outshone seven-time world champion Marc Marquez by breaking the track record in practice for the British Grand Prix on Friday on a newly laid surface at Silverstone. Quartararo was quickest in the first session of the day, b

Published 24 Aug, 2019 12:00am

Waqar seeks to become bowling coach

Former skipper Waqar Younis is learnt to have moved an application to the Pakistan Cricket Board (PCB) for the national team's bowling coach. Waqar Younis, who served as head coach twice in the past, the last time from May 2014 to April 2016, the sources

Published 24 Aug, 2019 12:00am

Pakistan, Sri Lanka agree to swap matches, series start from September 27

The Pakistan Cricket Board (PCB) and Sri Lanka Cricket (SLC) Friday announced to swap upcoming matches of the split series in Pakistan, meaning the ODIs and the T20Is will now be played from 27th September to 9th October while the Test series will be stag

Published 24 Aug, 2019 12:00am

Boult, Southee rattle Sri Lanka

Trent Boult and Tim Southee led New Zealand's charge against Sri Lanka on day two of the rain-hit second Test in Colombo on Friday. The pacemen claimed two wickets each as Sri Lanka reached 144 for six at lunch when rain came down and no further play was

Published 24 Aug, 2019 12:00am

Russian NHL player given four-year ban

The governing body of international ice hockey on Friday suspended Russian player Evgeny Kuznetsov for four years for testing positive for cocaine during anti-doping controls. The 27-year-old who plays for the Washington Capitals in the United States as w

Published 24 Aug, 2019 12:00am

Currency

Dollar rises against yen in Asia

The dollar edged higher versus the yen on Friday on expectations a pivotal speech by Federal Reserve Chairman Jerome Powell will reinforce that the US central bank has not entered a prolonged monetary easing cycle. The greenback hit another 11-year high v

Published 24 Aug, 2019 12:00am

Currency

Euro falls in Europe

The euro fell to three-week lows on Friday as rising US bond yields boosted the dollar before a speech by the head of the Federal Reserve, which some investors believe will see him signal reluctance to embark on a long rate-cut cycle. Jerome Powell will a

Published 24 Aug, 2019 12:00am

Early trade in New York: dollar tumbles broadly as US-China trade tension intensifies

The US dollar dropped broadly on Friday after President Donald Trump ordered US companies to start looking for an alternative to China after Beijing imposed more tariffs on American goods, further escalating tension between the world's two largest economi

Published 24 Aug, 2019 12:00am

Currency

Dollar slips in New York

The dollar slipped on Thursday, but moved within narrow ranges, as investors awaited a possible announcement or statement from the Federal Reserve at this week's Jackson Hole, Wyoming event to address the worsening global economic outlook.

Published 24 Aug, 2019 12:00am

Currency

South Africa's rand up

South Africa's rand firmed to a two-week high on Friday as the dollar slipped after US Federal Reserve Chair Jerome Powell set the stage for further interest rate cuts. At 1540 GMT the rand was 0.41% firmer at 15.1800 per dollar, after hitting a two-week

Published 24 Aug, 2019 12:00am

Yuan losses weigh on Asian currencies

Most emerging Asian currencies slipped on Friday after China's yuan weakened to its lowest level in 11-1/2 years, while the Korean won came under added pressure as its trade dispute with Japan escalated. The offshore yuan weakened briefly past 7.1 against

Published 24 Aug, 2019 12:00am

Kiwi inches off 3-1/2 years low

The New Zealand dollar bounced from three-and-a-half year lows on Friday after the head of the country's central bank said he was "pleased" with the current level of interest rates following a surprise half-point cut early this month. Investors intepreted

Published 24 Aug, 2019 12:00am

Currency

Sterling falls as doubts grow about Brexit talks

The pound fell on Friday after enjoying its biggest one-day gain in months, as investors reassessed whether British Prime Minister Boris Johnson had made any progress in convincing the European Union to renegotiate the Brexit agreement. German Chancellor

Published 24 Aug, 2019 12:00am

Australia urges 'sovereignty' as South China Sea tensions rise

Australia's prime minister on Friday urged nations in Asia to stand up for their "independence and sovereignty", with tensions high in the disputed South China Sea where Beijing is under fire for increasingly bullish behaviour. Scott Morrison's comments c

Published 24 Aug, 2019 12:00am

No change in British backing of Iran nuclear deal under Johnson: UK official

Britain will not change its backing of the 2015 deal on Iran's nuclear programme under new Prime Minister Boris Johnson, a British diplomatic source said Friday, a day ahead of a G7 summit where the Iranian atomic drive is set to be a major sticking point

Published 24 Aug, 2019 12:00am

Sri Lanka ends emergency four months after Easter attacks

Sri Lanka has ended a four-month state of emergency declared after Easter suicide bombings by Islamist extremists that killed 258 people, officials said Friday. President Maithripala Sirisena has been extending the emergency on the 22nd of each month sinc

Published 24 Aug, 2019 12:00am

Erdogan to visit Moscow after convoy hit in Syria

President Recep Tayyip Erdogan will visit Moscow on Tuesday for a meeting with his Russian counterpart, Vladimir Putin, the presidency said in a statement, days after a Turkish convoy was hit by an air strike in Syria. The surprise visit comes as the forc

Published 24 Aug, 2019 12:00am

Macron spearheads pressure on Bolsonaro over Amazon fires

France's Emmanuel Macron led a growing wave of international pressure on Brazilian President Jair Bolsonaro over the fires raging in the Amazon rainforest Friday, telling him Paris would block efforts to seal a major trade deal. With global leaders gearin

Published 24 Aug, 2019 12:00am

European demos held over Amazon fires

Climate change activists chanting slogans and waving banners demonstrated outside Brazil's embassy in London on Friday, urging President Jair Bolsonaro to do more to halt the fires in the Amazon rainforest. The protests came as British Prime Minister Bori

Published 24 Aug, 2019 12:00am

Hong Kong protesters form human chain 30 years after 'Baltic Way'

Thousands of people held hands across Hong Kong late Friday in a dazzling, neon-framed recreation of a pro-democracy "Baltic Way" protest against Soviet rule three decades ago. The city's skyscraper-studded harbourfront as well as several busy shopping di

Published 24 Aug, 2019 12:00am

Homemade bomb kills Israeli teen, wounds two others in West Bank

A rare homemade bomb attack in the occupied West Bank killed an Israeli teen and seriously wounded her father and brother Friday as they visited a spring near a Jewish settlement, officials said. Israeli security forces deployed throughout the area where

Published 24 Aug, 2019 12:00am

Ex-US marine says injured by Russian prison guards

A former US marine who was arrested in Moscow on espionage charges said Friday he had been injured by guards in the prison where he is being held awaiting trial. "I was injured in the prison... the prison doesn't want to tell you," Paul Whelan told journa

Published 24 Aug, 2019 12:00am

New Zealand MP goes viral after bottle-feeding baby in parliament

New Zealand's parliament speaker is perhaps better practised at quieting MPs than calming babies, but images of the powerful politician doing exactly that went viral this week. Trevor Mallard, the speaker of the country's House of Representatives, was fil

Published 24 Aug, 2019 12:00am

Cotton

Cotton futures fall 1 percent as US-China trade tensions rise

ICE cotton futures fell over 1% on Friday on fears of escalation in a trade spat between the United States and China after US President Donald Trump threatened to counter a new round of retaliatory tariffs from Beijing. Cotton contracts for December fell

Published 24 Aug, 2019 12:00am

Exchange

Copper falls to lowest since June 2017 as trade war escalates

Copper prices fell to the lowest in more than two years as an escalating trade conflict between China and the United States, faltering Chinese economic growth and a weakening yuan undermined the outlook for demand. Benchmark copper on the London Metal Exc

Published 24 Aug, 2019 12:00am

Oil prices slide as US-China trade war escalates

Oil prices fell on Friday after China unveiled retaliatory tariffs against about $75 billion worth of US goods including crude oil, another escalation of a protracted trade dispute between the world's two largest economies. Brent crude futures fell 58 cen

Published 24 Aug, 2019 12:00am

Exchange

Tokyo rubber slips for fourth session

Tokyo Commodity Exchange (TOCOM) futures slipped for a fourth straight session on Friday amid oversupply concerns and as investors unwound long positions for near-term contracts, leading to a second weekly decline. The benchmark TOCOM rubber contract for

Published 24 Aug, 2019 12:00am

Vegetable Oil

Palm oil hits fresh six-month high

Malaysian palm oil futures climbed to a fresh six-month peak on Friday, charting a fourth straight session of gains on expectations that production will be lower than initially forecast. The benchmark palm oil contract for November delivery on the Bursa M

Published 24 Aug, 2019 12:00am

China's gasoline exports surge 75 percent up than a year ago

China's gasoline exports in July surged 75% from a year ago, customs data showed on Friday, as refiners stepped up overseas shipments amid new production and slowing domestic demand. Gasoline shipments were 1.56 million tonnes last month, data from the Ge

Published 24 Aug, 2019 12:00am

Currency

Arabica coffee slips as Brazilian real weakens

Arabica coffee futures on ICE fell on Friday as Brazil's currency sharply weakened against the dollar, while sugar prices fell for the third straight week. December arabica settled down 1.25 cent, or 1.3%, at 96.05 cents per lb, holding above the three-mo

Published 24 Aug, 2019 12:00am

Gold down in New York

Gold inched lower on Thursday after comments from US Federal Reserve officials dampened hopes for additional monetary easing, although investors awaited further clarity from the central bank chief at the Jackson Hole symposium. Spot gold was down 0.2% at

Published 24 Aug, 2019 12:00am

Exchange

Gold eases in Asia

Gold eased on Friday and was set for its worst week in nearly five months, as lack of clarity from the US Federal Reserve on the outlook for interest rate cuts triggered investors to cash in some gains ahead of Jerome Powell's speech at Jackson Hole. Spot

Published 24 Aug, 2019 12:00am

Gold surges in Europe

Gold surged 2 percent on Friday as investors interpreted US Federal Reserve Chair Jerome Powell's speech as leaning towards a dovish monetary policy stance and President Donald Trump's latest comments exacerbated trade tensions with China. Spot gold rose

Published 24 Aug, 2019 12:00am

US MIDDAY: soya, corn futures slide

US corn futures hit a three-month low and soyabeans neared a three-week bottom after China said it would impose additional tariffs on US products including grains and soya, escalating the trade war between the world's top two economies. On the Chicago Boa

Published 24 Aug, 2019 12:00am

US midday: gold soars 2 percent

Gold surged 2 percent on Friday as investors interpreted US Federal Reserve Chair Jerome Powell's speech as leaning toward a dovish monetary policy stance and President Donald Trump's latest comments exacerbated trade tensions with China. Spot gold rose 1

Published 24 Aug, 2019 12:00am

BoP earns Rs 6.93 billion profit before tax

A meeting of the Board of Directors of The Bank of Punjab was held on Friday to consider and approve the un-audited Financial Statements for the half year ended June 30, 2019. The meeting was chaired by, Dr Pervez Tahir, Chairman of the Board of Directors

Published 24 Aug, 2019 12:00am

Date for implementing SRO 604(I) extended till 31st

The Ministry of Commerce and Textile has extended the date for implementation of SRO 604(I)/2019 till August 31, 2019, requiring pre-shipment inspection (PSI) of solar panels and related equipment consignments imported into the country.

Published 24 Aug, 2019 12:00am

Curfew enters 19th day: Qureshi apprises diplomatic corps about IoK's grave situation

Foreign Minister Shah Mehmood Qureshi Friday briefed Islamabad-based diplomatic corps about the grave situation in the Indian occupied Jammu and Kashmir amid continued imposition of curfew and communication blackout for the last 19 days.

Published 24 Aug, 2019 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	155.61
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.27
Euro to USD / Nov 15	1.06

Stock	Volume
S&P 500 / Nov 14	5,949.17
India Sensex / Nov 14	77,580.31
Nasdaq / Nov 14	19,107.65
Dow Jones / Nov 14	43,750.86
Tokyo Nikkei / Nov 15	38,642.91
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,065.30
Germany DAX 30 / Nov 15	19,211.48

Item	Value
Gold 10 Grams PKR / Nov 14	232,340
Petrol/Litre / Nov 15	248.38
Crude Oil USD/Barrel / Nov 15	67.86
Karachi Cotton PKR/37.32 KG / Nov 15	18,085
Gold Spot USD/Ounce / Nov 15	2,567.71
Diesel/Litre / Nov 15	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 15 786 Investments Limited(786)	6.37 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 15 Al-Abbas Sugar Mills Limited(AABS)	609.47 ▼ 0.00 (0.00%)
Agro Allianz / Nov 15 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 15 Ali Asghar Textile Mills Limited(AATM)	61.35 ▼ 0.00 (0.00%)
Allied Bank / Nov 15 Allied Bank Limited(ABL)	114.03 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 15 Abbott Laboratories (Pakistan) Limited(ABOT)	993.93 ▼ 0.00 (0.00%)
Abson Ind. / Nov 15 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 15 Alfalah Consumer Index ETF.(ACIETF)	12.31 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 15 786 Investments Limited(786)	6.37 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 15 Al-Abbas Sugar Mills Limited(AABS)	609.47 ▲ 0.00 (0.00%)
Agro Allianz / Nov 15 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 15 Ali Asghar Textile Mills Limited(AATM)	61.35 ▲ 0.00 (0.00%)
Allied Bank / Nov 15 Allied Bank Limited(ABL)	114.03 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 15 Abbott Laboratories (Pakistan) Limited(ABOT)	993.93 ▲ 0.00 (0.00%)
Abson Ind. / Nov 15 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 15 Alfalah Consumer Index ETF.(ACIETF)	12.31 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 15 Worldcall Telecom Limited(WTL)	177,393,273 ▲ 0.00
Hascol Petrol / Nov 15 Hascol Petroleum Limited(HASCOL)	59,224,094 ▲ 0.00
Treet Battery / Nov 15 Treet Battery Limited(TBL)	47,940,702 ▲ 0.00
Sui South Gas / Nov 15 Sui Southern Gas Company Limited(SSGC)	42,748,255 ▲ 0.00
Cnergyico PK / Nov 15 Cnergyico PK Limited(CNERGY)	32,665,062 ▲ 0.00
TPL Properties / Nov 15 TPL Properties Limited(TPLP)	30,497,881 ▲ 0.00
Treet Corp / Nov 15 Treet Corporation Limited(TREET)	29,734,104 ▲ 0.00
Telecard Limited / Nov 15 Telecard Limited(TELE)	29,162,423 ▲ 0.00
Pak Refinery / Nov 15 Pakistan Refinery Limited(PRL)	27,309,247 ▲ 0.00

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