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Print - 2019-09-19
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Wednesday (September 18, 2019).

Published 19 Sep, 2019 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Wednesday (September 18, 2019).

Published 19 Sep, 2019 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (September 18, 2019).

Published 19 Sep, 2019 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (September 18, 2019).

Published 19 Sep, 2019 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (September 18, 2019).

Published 19 Sep, 2019 12:00am
JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (September 18, 2019).

Published 19 Sep, 2019 12:00am
JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (September 18, 2019).

Published 19 Sep, 2019 12:00am
JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (September 18, 2019).

Published 19 Sep, 2019 12:00am
JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (September 18, 2019).

Published 19 Sep, 2019 12:00am
JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (September 18, 2019).

Published 19 Sep, 2019 12:00am
JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (September 18, 2019).

Published 19 Sep, 2019 12:00am
Currency notes: exchange rates
Exchange

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Wednesday (September 18, 2019).

Published 19 Sep, 2019 12:00am
Barclays bid rates and maximum rates for payment of interest
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 19 Sep, 2019 12:00am
State Bank of Pakistan conversion rates
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 19 Sep, 2019 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 19 Sep, 2019 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 19 Sep, 2019 12:00am
Copper retreats as demand worries dominate
Exchange

Copper retreats as demand worries dominate

Copper prices fell on Wednesday as concern about demand and economic growth dominated sentiment, though rising hopes for a solution to a prolonged trade dispute between China and the United States limited losses.
Published 19 Sep, 2019 12:00am
Oil prices extend losses after Saudi pledge to restore lost output

Oil prices extend losses after Saudi pledge to restore lost output

Oil prices retreated about 2% on Wednesday, extending the previous day's declines after Saudi Arabia said it would quickly restore full production following last weekend's attacks on its facilities and as US crude stockpiles rose unexpectedly.
Published 19 Sep, 2019 12:00am
Tokyo rubber futures retreat
Exchange

Tokyo rubber futures retreat

The benchmark Tokyo Commodity Exchange (TOCOM) rubber contract for February delivery slid on Wednesday, retreating from a nearly one-month high hit the previous session, as investors unwound long positions after a plunge in oil prices. It was down 2.7 yen
Published 19 Sep, 2019 12:00am
Palm oil down tracking related oils
Vegetable Oil

Palm oil down tracking related oils

Malaysian palm oil futures slid on Wednesday, retreating from a three-week high achieved in the previous session as the market tracked softer related vegetable oils.
Published 19 Sep, 2019 12:00am
Brazil coffee exports fall

Brazil coffee exports fall

Green coffee exports from the world's largest producer fell 8.5% in August to 2.89 million 60-kg bags, exporters association Cecafé said in a report on Tuesday.
Published 19 Sep, 2019 12:00am
Raw sugar futures edge higher, coffee and cocoa up

Raw sugar futures edge higher, coffee and cocoa up

Raw sugar futures on ICE were slightly higher on Wednesday, underpinned by the prospect of tightening supplies in coming months, while coffee and cocoa prices also rose.
Published 19 Sep, 2019 12:00am
Gold rises in NY

Gold rises in NY

Gold rose on Tuesday, propped up by expectations for an interest rate cut by the US Federal Reserve, but traded within a relatively narrow range as investors awaited further clarity on the central bank's stance on future monetary policy.
Published 19 Sep, 2019 12:00am
Gold steadies in Asia

Gold steadies in Asia

Gold was steady on Wednesday as investors awaited news on the US central bank's stance on monetary policy, while some easing of the oil market's woes dented demand for safe-haven bullion.
Published 19 Sep, 2019 12:00am
Gold holds above $1,500 in Europe

Gold holds above $1,500 in Europe

Gold edged higher on Wednesday, holding above the key $1,500 per ounce level, ahead of the US Federal Reserve's monetary policy decision, when the central bank is widely expected to cut interest rates.
Published 19 Sep, 2019 12:00am
US MIDDAY: Soyabeans slip

US MIDDAY: Soyabeans slip

US soyabean futures eased on Wednesday on mild weather across the US Midwest that lessened risks that crop-damaging frost could hurt the late-planted crop and on worries that a recent wave of Chinese soya purchases has ended.
Published 19 Sep, 2019 12:00am
US MIDDAY: Gold slides

US MIDDAY: Gold slides

Gold prices fell over 1% to a one-week low on Wednesday, pulled down by a lack of clarity on future monetary policy decisions after a widely anticipated interest rate cut by the US Federal Reserve.
Published 19 Sep, 2019 12:00am
Pak-registered shipping companies to get tax relief: minister

Pak-registered shipping companies to get tax relief: minister

Minister for Maritime Affairs Syed Ali Haider Zaidi has said that all shipping companies which will register their ships in Pakistan by 2030 will be exempted from tax. The minister for maritime affairs said this while addressing a joint news conference al
Published 19 Sep, 2019 12:00am
Cotton arrival decreases 26.41 percent in local markets: PCGA
Cotton

Cotton arrival decreases 26.41 percent in local markets: PCGA

Owing to lower pricing trend in domestic market, cotton arrival in the start of the current season had witnessed sluggish trend, going down by 0.365 million bales as compared the arrival of the corresponding period of last year. According to the latest da
Published 19 Sep, 2019 12:00am
UN urged to form inquiry commission for crimes in IOK

UN urged to form inquiry commission for crimes in IOK

The lawmakers from Parliament, provincial legislatures, Azad Jammu & Kashmir and Gilgit-Baltistan came together on Wednesday to call upon the United Nations to constitute an independent inquiry commission to investigate and fix responsibility for crimes a
Published 19 Sep, 2019 12:00am
Government working hard to ensure business-friendly environment: Alvi

Government working hard to ensure business-friendly environment: Alvi

President of Pakistan Dr. Arif Alvi has said that role of businessmen is crucial for economic development of the country. Government is working hard to ensure business friendly environment in the country. According to spokesman of the Lahore Chamber of Co
Published 19 Sep, 2019 12:00am
AC extends judicial remand of Hamza till 2 October

AC extends judicial remand of Hamza till 2 October

An accountability court on Wednesday extended judicial remand of Hamza Shahbaz in Ramzan Sugar Mills and illegal assets/money laundering cases till October 02. Meanwhile, the court also allowed an application of Leader of Opposition in National Assembly S
Published 19 Sep, 2019 12:00am
Science, technology vital for country's development: Fawad

Science, technology vital for country's development: Fawad

Federal Minister for Science and Technology Fawad Chaudhry has said that the country's improving economic situation and business environment is attracting a number of foreign investors. Speaking at the Future Summit organised by Martin Dow and Nutshell Fo
Published 19 Sep, 2019 12:00am
Saudi stocks gain on oil supply restoration hopes

Saudi stocks gain on oil supply restoration hopes

Saudi Arabia's stock market rebounded on Wednesday, on back of financial and petrochemical shares after the kingdom's energy minister said that full oil production would be restored by end of September. Saudi Energy Minister Prince Abdulaziz bin Salman on
Published 19 Sep, 2019 12:00am
China stocks rise

China stocks rise

China stocks rose on Wednesday on expectations of lower borrowing costs at home and the United States, with a resumption of trade talks between Beijing and Washington aiding risk appetite. China's blue-chip CSI300 Index gained 0.5% to 3,910.08, while the
Published 19 Sep, 2019 12:00am
Wall Street rises as oil fears recede
Exchange

Wall Street rises as oil fears recede

Wall Street ended higher on Tuesday as the impact of weekend attacks on Saudi Arabia's biggest oil refinery faded and investors awaited a widely expected Fed interest rate cut on Wednesday. Stocks closed firmly in positive territory after being mixed for
Published 19 Sep, 2019 12:00am
Hong Kong stocks down

Hong Kong stocks down

Hong Kong stocks slipped on Wednesday, posting their third straight losing session as investors showed caution ahead of an expected US interest rate cut. The Hang Seng index fell 0.1%, to 26,754.12, while the China Enterprises Index lost 0.2%, to 10,478.5
Published 19 Sep, 2019 12:00am
Treasury yields edge lower

Treasury yields edge lower

US Treasury yields fell on Tuesday, ahead of an expected interest rate cut by the Federal Reserve at the conclusion of its two-day policy meeting on Wednesday. While a rate cut is seen as near-certain this month, there are deep disagreements among Fed pol
Published 19 Sep, 2019 12:00am
Treasury yields edge lower

Treasury yields edge lower

US Treasury yields fell on Tuesday, ahead of an expected interest rate cut by the Federal Reserve at the conclusion of its two-day policy meeting on Wednesday. While a rate cut is seen as near-certain this month, there are deep disagreements among Fed pol
Published 19 Sep, 2019 12:00am
Australian, New Zealand shares slip

Australian, New Zealand shares slip

Energy stocks pulled Australian shares lower on Wednesday, with investors cautious ahead of the US Federal Reserve's rate decision and key domestic employment data. The S&P/ASX 200 index shed 0.2% or 13.7 points to end at 6,681.60. The benchmark had firme
Published 19 Sep, 2019 12:00am
Nikkei snaps 10-day winning streak
Exchange

Nikkei snaps 10-day winning streak

Tokyo's benchmark Nikkei index edged down on Wednesday as investors cashed in on recent gains after a 10-day winning streak. The Nikkei 225 index lost 0.18 percent, or 40.61 points, to close at 21,960.71, while the broader Topix index was down 0.49 percen
Published 19 Sep, 2019 12:00am
European shares flat

European shares flat

European shares ended flat on Wednesday, as gains for the defensive real estate and utilities sectors were countered by losses in luxury good makers, with caution prevailing ahead of the US Federal Reserve's interest rate decision. After flitting between
Published 19 Sep, 2019 12:00am
Indian shares up

Indian shares up

Indian shares closed slightly higher on Wednesday, with oil marketing companies leading gains, as crude prices retreated from the sharp surge earlier this week. The broader NSE index closed up 0.21% at 10,840.65, while the benchmark BSE index rose 0.23% t
Published 19 Sep, 2019 12:00am
Most SE Asian stocks fall

Most SE Asian stocks fall

Most Southeast Asian stock markets declined in thin trading on Wednesday as investors were cautious ahead of an expected US interest rate cut, with Thailand shedding the most on a drop in oil prices. With a 25-basis point US rate cut seen as near-certain,
Published 19 Sep, 2019 12:00am
FTSE 100 lingers in red; Kingfisher wanes

FTSE 100 lingers in red; Kingfisher wanes

London's main share index weakened on Wednesday, underperforming its European peers ahead of a US Federal Reserve rate decision, with home improvement retailer Kingfisher falling the most on the bourse as it struggled to lift its earnings. The FTSE 100 en
Published 19 Sep, 2019 12:00am
UK inflation slides in August

UK inflation slides in August

British annual inflation dropped faster than expected in August to a near three-year low at 1.7 percent, official data showed Wednesday, in a boost for consumers ahead of Brexit.
Published 19 Sep, 2019 12:00am
Niger, China launch oil pipeline project crossing Benin

Niger, China launch oil pipeline project crossing Benin

Niger and China are to build a 2,000-kilometre (1,250-mile) pipeline to carry crude oil from southeast Niger to the port of Seme in Benin, the Niger president's office announced Wednesday.
Published 19 Sep, 2019 12:00am
Global household wealth falls for first time in a decade

Global household wealth falls for first time in a decade

Household wealth excluding property in the world's 53 largest countries fell slightly last year, in a first since the financial crisis of 2008, German insurance giant Allianz said Wednesday.
Published 19 Sep, 2019 12:00am
Sri Lanka's Q2 GDP growth slumps to over 5-year low

Sri Lanka's Q2 GDP growth slumps to over 5-year low

Sri Lanka's economy grew at its slowest pace in more than five years from April to June, government data showed on Wednesday, as the Easter Sunday bomb attacks that killed over 250 people hit the island nation's fastest-growing tourism sector.
Published 19 Sep, 2019 12:00am
Huawei eyes computer market as US squeezes telecom business

Huawei eyes computer market as US squeezes telecom business

Huawei will step up its presence in the global market for computer hardware, a top company official said on Wednesday, as the Chinese telecom giant weathers a US assault on its 5G network and smartphone business.
Published 19 Sep, 2019 12:00am
British Airways pilots call off third strike

British Airways pilots call off third strike

British Airways pilots on Wednesday cancelled a strike that had been due September 27, the British Airline Pilots Association union said after two walkouts last week that cost the company dear.
Published 19 Sep, 2019 12:00am
Airbus ups estimate of 20-year demand for new planes

Airbus ups estimate of 20-year demand for new planes

Airbus on Wednesday increased its estimate of the number of new aircraft needed over the coming two decades as airlines seek more fuel-efficient planes even as it trimmed its forecast for the increase in demand for air travel.
Published 19 Sep, 2019 12:00am
EU's Barnier delivers stark warning on future UK trade deal

EU's Barnier delivers stark warning on future UK trade deal

EU's chief Brexit negotiator Michel Barnier warned Wednesday that Britain's appetite for an ambitious trade deal with Europe after Brexit could go badly unsatisfied given Prime Minister Boris Johnson's demands.
Published 19 Sep, 2019 12:00am
US housing starts, building permits scale 12-year high

US housing starts, building permits scale 12-year high

US homebuilding surged to more than a 12-year high in August as both single- and multi-family housing construction accelerated, suggesting that lower mortgage rates were finally providing a boost to the struggling housing market.
Published 19 Sep, 2019 12:00am
India beat South Africa

India beat South Africa

An unbeaten half-century from skipper Virat Kohli and disciplined bowling helped India beat South Africa by seven wickets in the second Twenty20 international on Wednesday.
Published 19 Sep, 2019 12:00am
Mahmudullah guides Bangladesh to final

Mahmudullah guides Bangladesh to final

Mahmudullah struck a quick-fire half-century as Bangladesh beat Zimbabwe by 39 runs to qualify for the final of their Twenty20 tri-series in Chittagong on Wednesday.
Published 19 Sep, 2019 12:00am
Pakistan-Sri Lanka series ticket sale from September 20

Pakistan-Sri Lanka series ticket sale from September 20

The interest and convenience of families and general public was the focus for the Pakistan Cricket Board (PCB) which Wednesday announced ticket prices for the upcoming ODI and T20I series between Pakistan and Sri Lanka, starting from 27th September.
Published 19 Sep, 2019 12:00am
Standard Chartered launches Karachi United Youth League

Standard Chartered launches Karachi United Youth League

Standard Chartered has announced the launch of its "Standard Chartered Karachi United Youth League" as part of its community service mandate to promote sports amongst children. This is the third time in a row that the Bank is sponsoring the league.
Published 19 Sep, 2019 12:00am
Sri Lanka optimistic about saving Pakistan tour

Sri Lanka optimistic about saving Pakistan tour

Sri Lanka's cricket board remains hopeful of going ahead with its tour of Pakistan but will await the final all-clear from the defence ministry, an official said Wednesday.
Published 19 Sep, 2019 12:00am
France 'suspend' League Cup

France 'suspend' League Cup

The French football league (LFP) announced on Wednesday it had voted to "suspend" its League Cup competition from next season.
Published 19 Sep, 2019 12:00am
Osaka blazes into quarters

Osaka blazes into quarters

Japanese tennis superstar Naomi Osaka beat qualifier Viktoriya Tomova of Bulgaria in straight sets on Wednesday to reach the Pan Pacific Open quarter-finals.
Published 19 Sep, 2019 12:00am
Judo federation bans Iran

Judo federation bans Iran

Iran has been suspended from international judo for ordering a judoka to lose at the world championships to avoid facing an Israeli, the International Judo Federation (IJF) said on Wednesday.
Published 19 Sep, 2019 12:00am
Dollar holds onto gains against yen in Asia
Exchange

Dollar holds onto gains against yen in Asia

The dollar traded near a seven-week high versus the yen on Wednesday as oil markets slowly recovered from a supply shock, but markets were cautious ahead of a US Federal Reserve meeting later in the day that is expected to deliver another interest rate cu
Published 19 Sep, 2019 12:00am
Dollar near 7-week peak in Europe

Dollar near 7-week peak in Europe

The dollar held near a seven-week high against the Japanese yen on Wednesday before the outcome of a Federal Reserve meeting where officials are widely expected to cut interest rates by a quarter of a percentage point. Against the yen, the dollar edged up
Published 19 Sep, 2019 12:00am
Early trade in New York: dollar edges higher as Fed rate decision looms

Early trade in New York: dollar edges higher as Fed rate decision looms

The dollar rose on Wednesday and was trading near a seven-week high against the yen, ahead of a Federal Reserve policy meeting where officials are widely expected to cut interest rates by a quarter of a percentage point. Many investors, however, were pric
Published 19 Sep, 2019 12:00am
Dollar slips, euro rises in New York
Currency

Dollar slips, euro rises in New York

The US dollar fell on Tuesday in range-bound trading on the eve of an expected interest rate cut by the Federal Reserve, weakened by a fall in oil prices and a stronger euro. Oil prices dropped about 6% on Tuesday after Saudi Arabia's energy minister said
Published 19 Sep, 2019 12:00am
Facebook met UK officials three times before Libra announcement
Currency

Facebook met UK officials three times before Libra announcement

Facebook met British finance ministry, central bank and regulatory officials in the weeks before making public its plans for the Libra digital currency, responses to Reuters freedom of information requests show. The details of the meetings suggest a conce
Published 19 Sep, 2019 12:00am
South Africa's rand steadies
Currency

South Africa's rand steadies

South Africa's rand steadied on Wednesday as fears of an oil price spike eased and investors waited for a US Federal Reserve interest-rate decision. At 1500 GMT the rand was 0.37% firmer, after two consecutive sessions of losses as a spike in global oil p
Published 19 Sep, 2019 12:00am
Most Asian currencies surge
Currency

Most Asian currencies surge

Most Asian currencies firmed marginally on Wednesday as investors waited for the US Federal Reserve rate decision and its outlook for any further easing, while a drop in oil prices lifted units of large oil importers. The market largely expects the Fed to
Published 19 Sep, 2019 12:00am
Sterling falls after weaker-than-expected inflation
Currency

Sterling falls after weaker-than-expected inflation

Sterling fell on Wednesday after British prices in August grew at their slowest pace since late 2016, while concerns about whether a last-minute Brexit deal was achievable also weighed on the currency. Prices of goods and services paid by consumers rose a
Published 19 Sep, 2019 12:00am
Aussie, kiwi in tight ranges

Aussie, kiwi in tight ranges

The Australian and New Zealand dollars on Wednesday came back up from recent lows against the greenback, though trading was light ahead of key economic data in both countries and an expected US interest rate cut. The Australian dollar was off 0.18% at $0.
Published 19 Sep, 2019 12:00am
PMEX daily trading report
Exchange

PMEX daily trading report

On Tuesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,267. The traded value of Metals, Energy and COTS/FX was recorded at PKR 7.991 billion and the numbers of lots traded were 11,831.
Published 19 Sep, 2019 12:00am
CBOT wheat futures lower

CBOT wheat futures lower

Chicago Board of Trade wheat futures eased on Tuesday in a profit-taking setback after recent one-month highs, pressured by adequate global supplies and lower corn and soya markets, traders said. CBOT December soft red winter wheat settled down 4-1/2 cent
Published 19 Sep, 2019 12:00am
Asia's gasoline profit margin rises almost 10 percent

Asia's gasoline profit margin rises almost 10 percent

Asia's gasoline profit margin rose almost 10 percent to $9.56 a barrel on Tuesday, highest since August 2018 while naphtha crack almost doubled to $64.70 a tonne as attacks on Saudi oil facilities crippled supplies of refined oil products as well as crude
Published 19 Sep, 2019 12:00am
European wheat futures dip on falling US markets
Exchange

European wheat futures dip on falling US markets

European wheat futures dipped on Tuesday in step with falling US markets, consolidating below a four-week high hit on Monday as traders awaited results of a purchase tender by Algeria, the biggest buyer of French wheat. December milling wheat on the Paris
Published 19 Sep, 2019 12:00am
US natural gas futures ease from five-month high
Exchange

US natural gas futures ease from five-month high

US natural gas futures eased on Tuesday from the prior session's five-month high as gas followed the oil market lower after Saudi Arabia said it has fully restored it oil production. On Monday, oil futures jumped almost 15% following a weekend attack on S
Published 19 Sep, 2019 12:00am
Activities at Karachi and Qasim Ports

Activities at Karachi and Qasim Ports

The Karachi Port handled 137,188 tonnes of cargo comprising 99,735 tonnes of import cargo and 37,453 tonnes of export cargo including 7,702 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday. The total import cargos of
Published 19 Sep, 2019 12:00am
Cotton market: Panic buying seen after PCGA report
Cotton

Cotton market: Panic buying seen after PCGA report

Panic buying seen on the cotton market on Wednesday following the Pakistan Cotton Ginner's Association (PCGA)'s fortnightly report, depicting over 26 percent decline in production against last year, dealers said. The official spot rate gained more Rs 150
Published 19 Sep, 2019 12:00am
China steel, iron ore futures fall amid cloudy demand outlook
Exchange

China steel, iron ore futures fall amid cloudy demand outlook

China steel futures slipped on Tuesday, retreating from a 1-1/2-month high hit in the previous session on high inventories of steel products and concerns about demand from the real estate market. China's new home prices grew at its slowest pace in nearly
Published 19 Sep, 2019 12:00am
Schools, airports closed as Indonesia fires spark fears for Singapore F1

Schools, airports closed as Indonesia fires spark fears for Singapore F1

Toxic haze from Indonesian forest fires closed schools and airports across the country and in neighbouring Malaysia Wednesday, while air quality worsened in Singapore just days before the city's Formula One motor race. Illegal fires to clear land for agri
Published 19 Sep, 2019 12:00am
New York Times ends separate Spanish-language operation

New York Times ends separate Spanish-language operation

The New York Times is shutting down its Spanish-language service called NYT en Espanol, saying it was not "financially successful." The service launched in 2016 had included around 10 "high-quality original and translated" New York Times stories a day in
Published 19 Sep, 2019 12:00am