News Archives for Print - 2019-11-10

Print - 2019-11-10

Fazl criticises govt for opening Kartarpur Corridor

Jamiat Ulema-e-Islam (JUI-F) Emir Maulana Fazlur Rehman on Saturday came down hard on the government for inaugurating Kartarpur corridor, saying the rulers opened the corridor while India responded by handing over Babri Mosque to Hindus.

Published 10 Nov, 2019 12:00am

Stocks

Futures spread up 847bps

The futures spread increased by 847bps to negative 0.22 percent on the last day of the outgoing week.

Updated 11 Nov, 2019 06:40am

Stocks

Bulls rule PSX

Pakistan Stock Exchange witnessed a bullish trend during the outgoing week ended November 08, 2019 on the back of healthy buying by local and foreign investors. BRIndex100 gained 162.98 points on week-on-week basis to close at 3,769.09 points. Average dai

Updated 11 Nov, 2019 06:37am

Eid Milad-un-Nabi (SAW) today

Eid Milad-un-Nabi (SAWS) marking the birthday of the Holy Prophet Muhammad (Peace Be Upon Him) is being observed with full religious zeal and fervor on Sunday (today).

Published 10 Nov, 2019 12:00am

Raid, search by taxmen: SC turns down PHC judgement

The Supreme Court turned down Peshawar High Court (PHC) judgment, which had termed the raid and search conducted in terms of Section 40A of Sales Tax Act, 1990 as illegal.

Published 10 Nov, 2019 12:00am

New regime: Brokers unable to comply with SECP regulations

The stock market brokers, conducting small scale operations, have expressed their inability to the Securities and Exchange Commission of Pakistan (SECP) to dedicate sufficient resources to meet financial reporting requirements, develop a sound compliance

Published 10 Nov, 2019 12:00am

Pakistan expresses 'deep concern' over judgement

Pakistan expressed deep concern over the Indian Supreme Court's judgment in the historic Babri Masjid case, declaring that the decision shredded the veneer of so-called secularism of India by making clear that minorities in India are no longer safe and th

Published 10 Nov, 2019 12:00am

Triumph for RSS as Babri mosque site awarded to Hindus

India's top court handed a huge victory to Prime Minister Narendra Modi's Hindu nationalist party on Saturday, awarding Hindus control of a bitterly disputed holy site that has sparked some of the country's worst sectarian bloodshed.

Published 10 Nov, 2019 12:00am

Modi, Manmohan hail 'cooperation'

Indian Prime Minister Narendra Modi thanked his Pakistani counterpart Imran Khan on Saturday for his "cooperation" on a visa-free corridor allowing Indian Sikhs to visit one of their religion's holiest sites across the border in Pakistan.

Published 10 Nov, 2019 12:00am

Contrasting approaches to minorities: PM links eradication of poverty to resolution of Kashmir issue

Prime Minister Imran Khan said Saturday that poverty in the sub-continent could be eradicated through opening up the border for trade, besides resolving the issue of Kashmir through talks.

Published 10 Nov, 2019 12:00am

Iran says enriching uranium to five percent

Iran said Saturday it is now enriching uranium to five percent, after a series of steps back from its commitments under a troubled 2015 accord with major powers.

Updated 11 Nov, 2019 05:56am

Global Business Economy

Chinese inflation hits highest rate since 2012

China's consumer prices grew at their fastest rate in almost eight years in October driven by a spike in pork prices caused by an outbreak of African swine fever, according to official figures released Saturday.

Updated 11 Nov, 2019 05:56am

SNGPL, SSGCL seek increase in gas prices

Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL) have filed a petition for an increase in gas prices for the current FY 2019-20.

Published 10 Nov, 2019 12:00am

Bloomberg files papers paving way for US presidential bid

New York business tycoon Michael Bloomberg has paved the way for a shot at the US presidency, registering as a candidate in the Alabama Democratic primary race before Friday's filing deadline.

Updated 11 Nov, 2019 06:56am

PTI government, too, insensitive to water issue?

The incumbent government, like its predecessors, continues to be insensitive to water scarcity in the country as neither new reservoirs are being planned on Indus nor sufficient progress has been witnessed in Diamer Bhasha despite the fact that storage ca

Published 10 Nov, 2019 12:00am

Bajauri appointed CEO of PPP Authority

The federal government has appointed Dilawar K Bajauri as Chief Executive Officer (CEO) of Public Private Partnership (PPP) Authority, official sources told Business Recorder.

Published 10 Nov, 2019 12:00am

Letters

'FATF and global politics'

This is apropos a Business Recorder op-ed "FATF and global politics" carried by the newspaper yesterday. The writer has rightly highlighted a fact in relation to China and its approach to regional and global issues. It is quite true that rarely doe

Updated 12 Nov, 2019 10:41am

Articles

Twitter spy case highlights risks for big tech platforms

The allegations of spying by former Twitter employees for Saudi Arabia underscore the risks for Silicon Valley firms holding sensitive data which make the platforms ripe for espionage.

Published 10 Nov, 2019 12:00am

Articles

You can run but you can't hide: SSGC aggressively contains theft incidence

It is 7am, while most people are getting ready to start their day, SSGC's Counter Gas Theft Control Operations' team is already on ground preparing for a raid on a facility involved in theft of natural gas. Acting on a tip-off, the company's Counter Gas C

Updated 12 Nov, 2019 12:03pm

Articles

Dealing with the disconnect

The JUI-F dharna is making things move. Those who were convicted by courts or scrutinized by law enforcement agencies, including NAB, are getting out mainly on medical grounds. The government is on an ordinance passing spree. The IMF first review has been

Updated 11 Nov, 2019 12:01pm

The bane of human trafficking

Last Friday, 31 Pakistani illegal migrants, including three teenagers, were found hidden in a lorry during a routine check in southern France near the Italian border, and handed over to Italian authorities. Driver, also a Pakistani, has been arrested. Jus

Updated 11 Nov, 2019 06:17am

Uninhibited use of torture

The Human Rights Commission of Pakistan and the World Organisation against Torture co-hosted a consultation on Friday on the "Implementation of the UN Convention against Torture". The police in this country, especially in Punjab, routinely employ third de

Updated 11 Nov, 2019 06:25am

Commission disposes of 63 cases of missing persons in October

Commission of Inquiry on Enforced Disappearances has disposed of 4,203 cases up to October 31, 2019 as per monthly progress report released by Secretary Commission Farid Ahmad Khan about cases of alleged enforced disappearances.

Published 10 Nov, 2019 12:00am

Telecommunication

MoITT to hire financial adviser for transaction advisory services

The Ministry of Information Technology and Telecommunication (MoITT) has decided to hire financial advisor (FA) to provide transaction advisory services (TAS) to solicit partnership through a suitable mode to utilize capability of Telephone Industries of

Published 10 Nov, 2019 12:00am

Internment centres; SC forms 5-member bench to take up appeals against PHC verdict

The Supreme Court on Saturday constituted a five-member larger bench to take up appeals against the Peshawar High Court (PHC) judgment regarding 'Action (in Aid of Civil Power) Ordinance 2019 and to notify all the interment centers as sub-jails.

Published 10 Nov, 2019 12:00am

Business & Economy

'CPEC helps enhance Pakistan's economic ranking'

The successful construction of the first phase of the China-Pakistan Economic Corridor (CPEC) played a fundamental role in enhancing the economic ranking of Pakistan at the international level, said Chinese scholar Cheng Xizhong.

Published 10 Nov, 2019 12:00am

People urged to follow teachings of Prophet Muhammad (PBUH) in letter & spirit

Speaker National Assembly Asad Qaiser has said that Holy Prophet Hazrat Muhammad (PBUH) has provided complete code of life and clear solution of religious, social, economic and personal problems.

Published 10 Nov, 2019 12:00am

ANP imposes cash penalty on party councils' members

Provincial president, ANP Khyber Pakhtunkhwa Aimal Wali Khan has imposed cash penalties on over hundred members of the provincial and central council including his cousin Lowangeen Wali Khan for remaining absent from the party meetings without submission

Published 10 Nov, 2019 12:00am

PML-N MNA moves IHC against presidential ordinances

Pakistan Muslim League-Nawaz (PML-N) MNA Mohsin Ranjha on Saturday filed a petition in Islamabad High Court (IHC) challenging promulgation of eight ordinances by President Arif Alvi.

Published 10 Nov, 2019 12:00am

Kartarpur - a corridor of love and peace in region: Qureshi

Foreign Minister Shah Mehmood Qureshi Saturday said the doors of Darbar Sahib Kartarpur had been opened for Sikhs of entire world so that they might come here and enjoy hospitality and love from Pakistan.

Published 10 Nov, 2019 12:00am

AJK president meets Sindh governor

Sindh Governor Imran Ismail on Saturday said that the decision of the Indian court to build a temple at the site of the Babri Masjid had hurt the sentiments of Muslims across the globe.

Published 10 Nov, 2019 12:00am

Development works: Murad slams Centre for ignoring elected reps

Sindh Chief Minister Syed Murad Ali Shah has said that the city of Karachi was paying highest taxes to the federal government.

Published 10 Nov, 2019 12:00am

Babri Mosque: AJK PM terms Indian court's verdict 'bias'

Prime Minister Azad Jammu and Kashmir (AJK) Raja Muhammad Farooq Haider Khan said the Indian apex court's verdict over Babri Mosque had proved that Indian judiciary was helpless in front of Hindu fanatic forces.

Published 10 Nov, 2019 12:00am

Newspapers' holiday today

Sarmad Ali, Secretary General of the All Pakistan Newspapers Society has announced that the member publications of the All Pakistan Newspapers Society will observe Sunday, November 10, 2019 as closed holiday on account of EID MILAD-UN-NABI.

Published 10 Nov, 2019 12:00am

Interwood hails FWO for completing Kartarpur project

Interwood extends its heartiest congratulations to Frontier Works Organization (FWO) on completing the monumental Kartarpur Project in the record-breaking time of less than one year.

Published 10 Nov, 2019 12:00am

Dry weather to continue in Karachi

Temperature in Karachi is expected to scale back to 14 degrees Celsius with occasional night time cool gusty winds, the Met Office said on Saturday.

Published 10 Nov, 2019 12:00am

Nawaz's condition termed critical

With decline in platelets counts of the PML-N supremo to 18,000, doctors of Sharif Medical City have expressed concern over Nawaz Sharif's health condition and suggested his immediate shifting to the London for proper diagnosis and treatment.

Published 10 Nov, 2019 12:00am

CDA's campaign for enforcing building bylaws continues

Capital Development Authority (CDA) continues its campaign for effective enforcement of building bylaws and regulations in private housing societies and as a result, more than 1,100 building plans have been submitted for approval to Building Control Direc

Published 10 Nov, 2019 12:00am

Eid Milad-un-Nabi processions: Sindh police make foolproof security arrangements

Millions of Muslims are marking the 12th Rabi-ul-Awwal-Jashn-e-Eid Milad-un-Nabi with zeal today [Sunday], as the Sindh police have evolved security arrangements for the main processions.

Published 10 Nov, 2019 12:00am

Centre releases Rs 393 million for Karachi's educational projects under PSDP

Federal Government released Rs 393 million for various education projects in Karachi in the first four months of current financial year against the allocated funds in Public Sector Development Programme (PSDP) 2019-20.

Published 10 Nov, 2019 12:00am

Sindh performing better than other provinces: claims Ghani

Sindh Minister for Information, Archives and Labour Saeed Ghani has said that the Sindh government was performing far better than any of other provinces' government or the federal government.

Published 10 Nov, 2019 12:00am

Tributes paid to Ch Ashraf

Glowing tributes were paid to Chaudhry Muhammad Ashraf, former Senator, industrialist and founder of Ashraf Group of Industries, as his 36th death anniversary was marked with solemnity

Published 10 Nov, 2019 12:00am

Business & Economy

'Hectick efforts needed to exit from FATF's grey list'

The Pakistan Industrial and Traders Association Front (PIAF) has expressed its grave concern over the possibility of Pakistan to remain on the grey list of the Financial Action Task Force (FATF) beyond Feb 2020 and urged the government to make strong effo

Published 10 Nov, 2019 12:00am

Special court dismisses Sanaullah's bail plea

A special court for Control of Narcotics Substance (CNS) on Saturday dismissed bail petition of former law minister Rana Sanaullah Khan in 15-kg heroin recovery case.

Published 10 Nov, 2019 12:00am

Modi doing politics of 'hate and peace enemy': Sarwar

Governor Punjab Chaudhry Mohammad Sarwar Saturday said that Narinder Modi was doing 'politics of hate and peace enemy' but Pakistan has opened "peace corridor" through Kartarpur.

Published 10 Nov, 2019 12:00am

Money & Banking

Rupee: slight gain

Rising trend was seen on the local currency market during the week, ended on Nov 9, 2019. INTER-BANK MARKET RATES: The rupee gained 34 paisas versus the dollar for buying and selling at Rs 155.45 and Rs 155.50.

Updated 11 Nov, 2019 06:37am

Kartarpur corridor: Qureshi, Sidhu make fiery speeches at opening ceremony

Both the Foreign Minister of Pakistan Shah Mahmood Qureshi and former cricketer Navjot Singh Sidhu made fiery speeches during the opening ceremony of Kartarpur Corridor.

Published 10 Nov, 2019 12:00am

Business & Economy

FCCI proposes new textile policy for 2019-24

Zafar Iqbal Sarwar Senior Vice President Faisalabad Chamber of Commerce & Industry (FCCI) has proposed new textile policy for 2019-24 with a clear objective to make Pakistan world market leader in textile by focusing on its value added exports.

Published 10 Nov, 2019 12:00am

Prices of most essential kitchen items witness upward trend

Prices of most of the essential kitchen items witnessed an increasing trend during this week past as compared to previous week, a survey conducted by Business Recorder revealed here on Saturday.

Published 10 Nov, 2019 12:00am

Business & Economy

Chinese, Iranian language courses begin at LCCI

The Lahore Chamber of Commerce and Industry (LCCI), in collaboration with the Chinese and Iranian Consulates on Saturday started foreign language courses at its premises with an objective to upgrade the communication skills of its members.

Published 10 Nov, 2019 12:00am

Photographer Robert Freeman dies

Photographer Robert Freeman, who helped define The Beatles' mop top look on their early album covers, has died, the legendary Liverpool band said Saturday. He was 82.

Updated 12 Nov, 2019 10:20am

Australia bushfires leave three dead, at least 150 homes lost

Catastrophic bushfires in eastern Australia have killed at least three people and forced thousands from their homes, with the death toll expected to rise as firefighters struggle towards hard-to-reach communities.

Updated 11 Nov, 2019 08:30am

Cyclone kills two as Bangladesh, India evacuate two million

Cyclone Bulbul hit India and southern Bangladesh on Saturday, leaving two dead as authorities in the countries ordered more than two million people to get out of the path of the storm.

Updated 11 Nov, 2019 06:55am

On Wall anniversary, Germany urges US to reject 'egoism'

German President Frank-Walter Steinmeier urged the United States to be a "mutually respectful partner" and reject nationalism, in a clear salvo aimed at US leader Donald Trump as Germany on Saturday marked 30 years since the fall of the Berlin Wall.

Updated 11 Nov, 2019 06:57am

Huge Hong Kong rally after student dies and lawmakers arrested

Tens of thousands of Hong Kongers packed into a park Saturday night to mourn a student who died during recent clashes as police arrested a group of pro-democracy lawmakers, deepening the city's political crisis.

Updated 11 Nov, 2019 06:55am

Seven dead in Iraq as security forces clear protest sites

Seven protesters were killed Saturday in Iraq as security forces cleared protest sites in Baghdad and Basra after political leaders agreed to stand by the embattled government by any means.

Updated 11 Nov, 2019 06:55am

Canada unemployment unchanged in October

Job creation stalled in Canada in October after two months of increases, leaving the unemployment rate unchanged at 5.5 percent, according to government data released Friday.

Updated 11 Nov, 2019 06:56am

Global Business Economy

EBRD pitches Turkish reforms to open bad debt to foreign buyers

The European Bank for Reconstruction and Development made 30 recommendations on Friday for Turkey to restructure its laws and markets so that foreign companies could easily buy some of the tens of billions of dollars in bad debt held by lenders.

Updated 11 Nov, 2019 08:35am

Global Business Economy

Egypt's inflation lowest in nearly a decade

Egypt's inflation rate dropped to the lowest level in nearly a decade last month, official figures showed Saturday, as cheaper food offered respite to consumers squeezed by IMF-backed reforms.

Updated 11 Nov, 2019 06:21am

Sudan needs up to $5 billion in budget support to prevent collapse

Sudan needs up to $5 billion in budget support to avert economic collapse and launch reforms after the ouster of veteran ruler Omar al-Bashir, its finance minister told Reuters.

Updated 11 Nov, 2019 06:21am

Polish watchdog slaps fine on Nord Stream 2

Poland's anti-monopoly body on Friday slapped a 40 million euro fine on a French company involved in building the controversial Nord Stream 2 pipeline, set to double Russian gas shipments to Germany via the Baltic Sea.

Published 10 Nov, 2019 12:00am

Global Business Economy

Southwest, American Airlines push back MAX return until March

Southwest Airlines and American Airlines on Friday pushed back their timeframe again for resuming flights on the Boeing 737 MAX amid uncertainty over when regulators will clear the plane for service.

Updated 11 Nov, 2019 08:35am

Global Business Economy

Moody's downgrades Britain debt outlook to negative

Credit ratings agency Moody's on Friday downgraded the outlook for Britain's debt, citing mounting policy challenges amid the Brexit debate.

Updated 11 Nov, 2019 07:11am

Global Business Economy

Alibaba sets eyes on $15 billion Hong Kong listing

Chinese online retail titan Alibaba is hoping to raise up to $15 billion in a Hong Kong IPO, a report said Friday, which would be the city's biggest listing for nine years.

Updated 11 Nov, 2019 07:11am

Money & Banking

KKR's new Asia-focused fund targets record $15 billion in 2020

Global private equity group KKR & Co Inc is targeting a record $15 billion for a new Asia-focused buyout fund, three sources with knowledge of the plan told Reuters.

Updated 11 Nov, 2019 06:37am

Money & Banking

Trump trade comments bring brief respite to bond markets

Germany's 10-year bond yield edged down from five-month highs on Friday after US President Donald Trump said he has not agreed to roll back tariffs on China, raising concern about the outcome of talks to de-escalate a bitter trade war.

Updated 11 Nov, 2019 06:37am

Stocks

Japanese companies likely to spurn Saudi Aramco IPO

Japanese companies are unlikely to invest in Saudi Aramco's blockbuster initial public offering (IPO) because it is difficult to evaluate the value of the world's biggest oil company, the head of Japan's largest refiner said on Friday.

Updated 11 Nov, 2019 06:47am

Stocks

Wall Street hits records

The three major US stock indexes posted record closing highs and the S&P 500 registered a fifth straight week of gains on Friday as investors brushed aside worries over the progress of US-China trade talks and as Walt Disney shares rose.

Updated 11 Nov, 2019 06:47am

Stocks

Wall Street week ahead: small-cap shares poised to benefit from shift to value

Beleaguered shares of small US companies are set for a bump in performance as value stocks have risen, market analysts say, but small caps could quickly fade again with an economic setback.

Updated 11 Nov, 2019 06:47am

Money & Banking

Canadian dollar hits 3-week low

The Canadian dollar weakened to a three-week low against its US counterpart on Friday as data showing a surprise decline in domestic jobs added to pressure on the currency since the Bank of Canada shifted to a more dovish stance.

Updated 11 Nov, 2019 06:50am

Money & Banking

US net long dollars flat from last week's levels

Speculators' net long US dollar positioning was little changed from last week's levels, according to calculations by Reuters and US Commodity Futures Trading Commission data released on Friday.

Updated 11 Nov, 2019 06:50am

Money & Banking

African currencies week ahead: bank stock investors seen supporting Kenyan shilling

The Kenyan shilling is expected to firm as offshore investors buy banking stocks after the government lifted a cap on lending rates, boosting dollar supplies.

Updated 11 Nov, 2019 06:53am

Money & Banking

China leaves bitcoin mining out of list of restricted activities

China, which is among the biggest manufacturers of bitcoin mining gear, has decided against eliminating the mining of the cryptocurrency, the state planner has indicated.

Updated 11 Nov, 2019 06:50am

Money & Banking

Tough times ahead for Indian rupee

A slowing domestic economy will prevent India's rupee from recouping this year's losses against the dollar in 2020, with optimism around an easing in the US-China trade dispute not enough to give it a further boost, a Reuters poll showed.

Updated 11 Nov, 2019 06:49am

Money & Banking

Dollar rallies on renewed trade uncertainty

The dollar rallied to a three-week high on Friday, getting some safe-haven bids, as risk appetite for higher-yielding currencies waned with renewed uncertainty about the rollback of existing tariffs, a major component of a preliminary US-China trade deal.

Updated 11 Nov, 2019 06:51am

Cotton & Textile

Cotton market: Prices fluctuate slightly on subdued business

Prices fluctuated marginally on the cotton market on Saturday in the process of slow trading activity, dealers said.

Updated 11 Nov, 2019 06:51am

Commodities

CBOT wheat futures retreat on technical selling

Chicago Board of Trade (CBOT) wheat futures retreated on Thursday on technical selling and positioning ahead of a key government crop report due on Friday, traders said.

Published 10 Nov, 2019 12:00am

Energy

Asia's naphtha falls to five-week low

Asia's naphtha extended its substantial losses for a third straight session on Thursday, this time falling by 10% to hit a five-week low of $62.70 a tonne as weak petrochemical margins weighed on the market.

Updated 11 Nov, 2019 07:03am

Commodities

Canadian canola futures fall

ICE Canadian canola futures dipped on Thursday, pressured by weaker soyaoil prices. Canola fell despite strong Canadian crush margins that had fuelled recent buying.

Published 10 Nov, 2019 12:00am

Football

Chelsea up to secondas Tottenham falter once more

Chelsea beat Crystal Palace 2-0 to move up to second in the Premier League on Saturday, while Tottenham's troubles continued with a draw at home to Sheffield United.

Published 10 Nov, 2019 12:00am

Cricket

West Indies complete first one-day series win in five years

West Indies beat Afghanistan by 47 runs Saturday to claim their first one-day series win in more than five years as their bowlers took control amid an invasion of moths.

Published 10 Nov, 2019 12:00am

Other

All set to open National Games today

The 33rd National Games will commence today (Sunday) here at well decorated Peshawar Sports Complex with both men and women athletes taking part.

Published 10 Nov, 2019 12:00am

Football

Barty crushes Garcia to level Australia-France Fed Cup final

World number one Ashleigh Barty emphatically hauled Australia back into contention in the Fed Cup final on Saturday, crushing Caroline Garcia 6-0, 6-0 after France's Kristina Mladenovic whipped her teammate Ajla Tomljanovic.

Published 10 Nov, 2019 12:00am

Cricket

Maddinson out of Pakistan clash over mental health issues

Nic Maddinson on Saturday pulled out of Australia A's clash against Pakistan in Perth on mental health grounds, all-but ruling him out of contention for a berth in the Test squad.

Published 10 Nov, 2019 12:00am

Cricket

University of Pretoria win Red Bull Campus Cricket Trophy

Pakistan's University of Karachi competed with South Africa's University of Pretoria for the Red Bull Campus Cricket Trophy in a thrilling match.

Published 10 Nov, 2019 12:00am

Commodities

Heavy rains slow EU winter crop sowings, disrupt maize harvest

Heavy rains have delayed grain sowings in parts of the European Union with the situation particularly severe in Britain where they could trigger a significant shift to spring planted crops.

Published 10 Nov, 2019 12:00am

Commodities

China books deal to buy 136,000 tonnes of US soyabeans: USDA

China bought 136,000 tonnes of US soyabeans, the US Agriculture Department said on Thursday, as optimism about a trade deal between the world's two largest economies boosted global markets.

Published 10 Nov, 2019 12:00am

Energy

China crude imports hit record; gas imports in 1st fall in 3 years

China's crude oil imports in October rose 11.5% from a year earlier to a record high, customs data showed on Friday, as new refineries bolstered demand and small independent plants maintained throughput amid steady refining margins.

Updated 11 Nov, 2019 07:04am

Commodities

Sugar stocks outlook raised

The US Department of Agriculture (USDA) on Friday slightly raised its outlook for sugar stocks this year, but lowered its outlook for the 2019/20 crop year.

Published 10 Nov, 2019 12:00am

Commodities

USDA cuts US corn harvest forecast as cold, rain hurts yields

The US Agriculture Department lowered its corn harvest outlook on Friday as cold and wet conditions late in the growing season cut into yields in key production areas such as South Dakota, Nebraska and Minnesota.

Published 10 Nov, 2019 12:00am

Rates

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (November 04 to 08, 2019).

Published 10 Nov, 2019 12:00am

General News

The Weather

The weather report on Saturday (November 09, 2019) and the forecast for Sunday (November 10, 2019).

Updated 11 Nov, 2019 07:04am

Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (November 09, 2019).

Published 10 Nov, 2019 12:00am

Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (November 09, 2019).

Published 10 Nov, 2019 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (November 09, 2019).

Updated 11 Nov, 2019 07:04am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (November 09, 2019).

Updated 11 Nov, 2019 07:04am

Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (November 09, 2019)

Published 10 Nov, 2019 12:00am

Rates

Lahore Paper Market Rates

Paper market rates in rupees on Saturday (November 09, 2019).

Published 10 Nov, 2019 12:00am

Rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (November 09, 2019).

Published 10 Nov, 2019 12:00am

Rates

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (November 09, 2019).

Published 10 Nov, 2019 12:00am

Previous Day

Forex
World
Commodity

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

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

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

Gainers
Losers
Leaders

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

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

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

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