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Archive - 2018-06-01
SBP injects Rs210bn into market    
Top News

SBP injects Rs210bn into market    

KARACHI: State Bank of Pakistan on Friday injected Rs 210 billion into money market for seven days as reverse repo purch
Published 01 Jun, 2018 03:22pm
KU announces LLB results
General News

KU announces LLB results

 KARACHI: The University of Karachi (KU) has announced the results of B.A Law part I, part II and B.A LLB (Hons) part I
Published 01 Jun, 2018 03:11pm
Moving into deep waters
Oil and Gas

Moving into deep waters

While the foreign investment side has remained slow for the oil and gas exploration and production sector in Pakistan (A
Published 01 Jun, 2018 05:59am
Euro rallies in European trade

Euro rallies in European trade

The euro rallied further on Thursday as Italian parties made last-ditch efforts to form a government and avert elections, going some way towards easing concerns about the impact of a political crisis there. The rise of a potentially eurosceptic government
Published 01 Jun, 2018 12:00am
Euro wins reprieve in Asian trade
Currency

Euro wins reprieve in Asian trade

The euro won a reprieve on Thursday, holding on to the strong gains it made on Wednesday, as Italian leaders moved to mitigate political turbulence and avoid a potentially disruptive early election. Italian Prime Minister-designate Carlo Cottarelli said o
Published 01 Jun, 2018 12:00am
Sharapova, Halep and Muguruza advance

Sharapova, Halep and Muguruza advance

Two-time champion Maria Sharapova edged closer to a possible French Open last-16 duel with old rival Serena Williams on Thursday as top seed Simona Halep and 2016 winner Garbine Muguruza breezed into the third round. Sharapova, the 2012 and 2014 champion
Published 01 Jun, 2018 12:00am
Nadal powers into third round

Nadal powers into third round

Rafael Nadal stormed into the French Open third round on Thursday as he continued his bid for an 11th title by sweeping aside Argentinian Guido Pella 6-2, 6-1, 6-1. The top seed had struggled past lucky loser Simone Bolelli in the first round, but was bac
Published 01 Jun, 2018 12:00am
Peru captain get clearance for World Cup

Peru captain get clearance for World Cup

Peru captain Paolo Guerrero has won a last-ditch appeal to play at the World Cup despite being suspended after testing positive for traces of cocaine, a Swiss federal tribunal announced Thursday. Guerrero appealed to the tribunal following a recent ruling
Published 01 Jun, 2018 12:00am
Chelsea shelve plans for new stadium

Chelsea shelve plans for new stadium

Premier League giants Chelsea on Thursday announced they had shelved plans for a new 60,000-seater stadium in London due to an "unfavourable investment climate". "Chelsea Football Club announces today that it has put its new stadium project on hold," the
Published 01 Jun, 2018 12:00am
Roma sign Spanish defender Marcano from Porto

Roma sign Spanish defender Marcano from Porto

Spanish veteran defender Ivan Marcano has signed for Serie A giants Roma, the Italian side confirmed on Thursday. Marcano has agreed a three-year contract until June 2021, that includes an option for a fourth year. The 30-year-old arrives on a free transf
Published 01 Jun, 2018 12:00am
Real Madrid coach Zinedine Zidane drops quit bombshell

Real Madrid coach Zinedine Zidane drops quit bombshell

Real Madrid coach Zinedine Zidane dropped a bombshell Thursday, quitting the Spanish giants just days after winning the Champions League for a record third year in a row. The 45-year-old former international decided to quit at the top saying that it was t
Published 01 Jun, 2018 12:00am
Sri Lanka cricket chief hits back at Ranatunga

Sri Lanka cricket chief hits back at Ranatunga

Sri Lanka's cricket chief on Thursday lambasted former skipper Arjuna Ranatunga for casting a corruption shadow over the country's 2011 World Cup defeat and in turn questioned Ranatunga's actions as a player. Sri Lanka Cricket president Thilanga Sumathipa
Published 01 Jun, 2018 12:00am
No more gold for Bolt as CAS reject Carter's doping appeal

No more gold for Bolt as CAS reject Carter's doping appeal

The Court of Arbitration for Sport (CAS) on Thursday rejected an appeal by sprinter Nesta Carter, whose positive test for a stimulant saw Jamaican teammate Usain Bolt lose an Olympic gold medal. Carter, a member of Jamaica's triumphant 4x100m relay team i
Published 01 Jun, 2018 12:00am
Cotton market remains steady
Cotton

Cotton market remains steady

Domestic market cotton prices continue to maintain their steady posture as the Karachi Cotton Association (KCA) fixed its ex-gin price of cotton again at Rs 7400 per maund on Thursday. Though only about 80,000 bales of cotton from the current crop remain
Published 01 Jun, 2018 12:00am
Cotton market remains steady
Cotton

Cotton market remains steady

Domestic market cotton prices continue to maintain their steady posture as the Karachi Cotton Association (KCA) fixed its ex-gin price of cotton again at Rs 7400 per maund on Thursday. Though only about 80,000 bales of cotton from the current crop remain
Published 01 Jun, 2018 12:00am
Algeria seeks to buy wheat for July shipment

Algeria seeks to buy wheat for July shipment

Algeria has issued an international tender to buy milling wheat for shipment in July, traders said on Tuesday, suggesting the major grain importer had not fully met its needs in a previous tender covering the same month.
Published 01 Jun, 2018 12:00am
Listless business seen
Cotton

Listless business seen

Not a single deal was reported on the cotton market on Thursday as leading buyers were on sidelines due to less buying interest, dealers said. The official spot rate was unchanged at Rs 7,400, they added. In the ready session, no business was seen during
Published 01 Jun, 2018 12:00am
Activities at Karachi and Qasim Ports

Activities at Karachi and Qasim Ports

The Karachi Port handled 158,401 tonnes of cargo comprising 96,646 tonnes of import cargo and 61,755 tonnes of export cargo including 7,857 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday. The total import cargo of 96
Published 01 Jun, 2018 12:00am
CBOT corn futures down on US-China trade jitters

CBOT corn futures down on US-China trade jitters

Chicago Board of Trade corn futures fell Tuesday on fears of renewed trade tension with China and a strong start to the US growing season, traders said. CBOT July corn settled down 6 cents at $4.00 per bushel, with new-crop December down 6 cents at $4.19.
Published 01 Jun, 2018 12:00am
China's April net gold imports fall on weak demand

China's April net gold imports fall on weak demand

China's net gold imports via main conduit Hong Kong fell 35.3 percent in April from the previous month as demand for the bullion weakened, data showed on Monday. Imports via Hong Kong by the world's top consumer of the metal fell to 38.43 tonnes in April
Published 01 Jun, 2018 12:00am
European gasoline margins fall

European gasoline margins fall

Benchmark northwest European gasoline refining margins fell on Tuesday. Global energy trader Vitol and its partners plan to float their Australian Viva Energy business, potentially worth nearly A$5 billion ($3.8 billion), in July, three people familiar wi
Published 01 Jun, 2018 12:00am
PMEX daily trading report
Cotton

PMEX daily trading report

On Wednesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,503. The traded value of Metals, Energy and COTS/FX was recorded at 5.790 billion and the number of lots traded was 9,613.
Published 01 Jun, 2018 12:00am
Tourism in Italy

Tourism in Italy

Italy is the fifth most visited country in the world, with a total of 52.3 million international arrivals in 2016. The total contribution of travel & tourism to GDP (including wider effects from investment, the supply chain and induced income impacts) was
Published 01 Jun, 2018 12:00am
Science and technology in Italy

Science and technology in Italy

Through the centuries, Italy has fostered the scientific community that produced many major discoveries in physics and the other sciences. During the Renaissance Italian polymaths such as Leonardo da Vinci (1452-1519), Michelangelo (1475-1564) and Leon Ba
Published 01 Jun, 2018 12:00am
Agriculture

Agriculture

According to the last national agricultural census, there were 1.6 million farms in 2010 (-32.4% since 2000) covering 12.7 million hectares (63% of which are located in Southern Italy). The vast majority (99%) are family-operated and small, averaging only
Published 01 Jun, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 01 Jun, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 01 Jun, 2018 12:00am
State Bank of Pakistan conversion rates
Currency

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 01 Jun, 2018 12:00am
Barclays bid rates and maximum rates for payment of interest

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 01 Jun, 2018 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Thursday (May 31, 2018).

Published 01 Jun, 2018 12:00am
Currency notes: exchange rates
Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Thursday (May 31, 2018).

Published 01 Jun, 2018 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 01 Jun, 2018 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange.

Published 01 Jun, 2018 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 01 Jun, 2018 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 01 Jun, 2018 12:00am
US agency rates Deutsche Bank as at-risk

US agency rates Deutsche Bank as at-risk

A US banking regulator has rated Deutsche Bank's US subsidiary as an at-risk institution, a person familiar with the matter told AFP Thursday. The Federal Deposit Insurance Commission classified the German bank among its "problem banks," according to the
Published 01 Jun, 2018 12:00am
US agency rates Deutsche Bank as at-risk

US agency rates Deutsche Bank as at-risk

A US banking regulator has rated Deutsche Bank's US subsidiary as an at-risk institution, a person familiar with the matter told AFP Thursday. The Federal Deposit Insurance Commission classified the German bank among its "problem banks," according to the
Published 01 Jun, 2018 12:00am
US agency rates Deutsche Bank as at-risk

US agency rates Deutsche Bank as at-risk

A US banking regulator has rated Deutsche Bank''s US subsidiary as an at-risk institution, a person familiar with the matter told AFP Thursday. The Federal Deposit Insurance Commission classified the German bank among its "problem banks," according to the
Published 01 Jun, 2018 12:00am
Ex-CS Fazl named Sindh caretaker CM

Ex-CS Fazl named Sindh caretaker CM

Former Chief Secretary Fazlur Rehman has been named as caretaker chief minister Sindh as consensus was developed between the treasury and opposition on his appointment after a lingering deadlock over the issue. Outgoing Sindh Chief Minister Syed Murad Ali
Published 01 Jun, 2018 12:00am
Ex-CS Fazl named Sindh caretaker CM

Ex-CS Fazl named Sindh caretaker CM

Former Chief Secretary Fazlur Rehman has been named as caretaker chief minister Sindh as consensus was developed between the treasury and opposition on his appointment after a lingering deadlock over the issue. Outgoing Sindh Chief Minister Syed Murad Ali
Published 01 Jun, 2018 12:00am
Punjab caretaker CM post: Durrani too not available

Punjab caretaker CM post: Durrani too not available

Former IG Police Nasir Durrani who was nominated by PTI for the post of Punjab caretaker chief minister has refused to candidature for caretaker chief minister Punjab, Aaj News reported Thursday.
Published 01 Jun, 2018 12:00am
THE RUPEE: slight falls
Currency

THE RUPEE: slight falls

The rupee continued its decline against the dollar on the money market on Thursday in the process of trading activity, dealers said. The rupee managed to hold overnight levels in relation to the dollar for buying and selling Rs 115.61 and Rs 115.62 respec
Published 01 Jun, 2018 12:00am
Gaza flare-up worsens electricity crisis

Gaza flare-up worsens electricity crisis

An already severe electricity crisis in the Gaza Strip has worsened due to the recent military flare-up between Palestinian armed groups and Israel, officials in the enclave said Thursday. The exchange of fire on Tuesday damaged part of the Israeli electr
Published 01 Jun, 2018 12:00am
THE RUPEE: slight falls
Currency

THE RUPEE: slight falls

The rupee continued its decline against the dollar on the money market on Thursday in the process of trading activity, dealers said. The rupee managed to hold overnight levels in relation to the dollar for buying and selling Rs 115.61 and Rs 115.62 respec
Published 01 Jun, 2018 12:00am
FATA, PATA: Tax, other exemptions approved by ECC

FATA, PATA: Tax, other exemptions approved by ECC

The Economic Coordination Committee (ECC) of the Cabinet on Thursday, hours before the expiry of the government's tenure, approved tax and other exemptions for FATA and PATA, and re-lending terms for Pakistan Mortgage Refinance Company Limited (PMRCL).
Published 01 Jun, 2018 12:00am
FATA, PATA: Tax, other exemptions approved by ECC

FATA, PATA: Tax, other exemptions approved by ECC

The Economic Coordination Committee (ECC) of the Cabinet on Thursday, hours before the expiry of the government's tenure, approved tax and other exemptions for FATA and PATA, and re-lending terms for Pakistan Mortgage Refinance Company Limited (PMRCL).
Published 01 Jun, 2018 12:00am
FATA, PATA: Tax, other exemptions approved by ECC

FATA, PATA: Tax, other exemptions approved by ECC

The Economic Coordination Committee (ECC) of the Cabinet on Thursday, hours before the expiry of the government''s tenure, approved tax and other exemptions for FATA and PATA, and re-lending terms for Pakistan Mortgage Refinance Company Limited (PMRCL).
Published 01 Jun, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (May 31, 2018).

Published 01 Jun, 2018 12:00am
BRIndex100 advances

BRIndex100 advances

Pakistan Stock Exchange witnessed a positive trend on the back of fresh buying in various sectors. BRIndex100 gained 35.44 points or 0.78 percent to close at 4,577.90 points Thursday. BRIndex100 touched intraday high of 4,586.29 and intraday low of 4,533.
Published 01 Jun, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (May 31, 2018).

Published 01 Jun, 2018 12:00am
BRIndex100 advances

BRIndex100 advances

Pakistan Stock Exchange witnessed a positive trend on the back of fresh buying in various sectors. BRIndex100 gained 35.44 points or 0.78 percent to close at 4,577.90 points Thursday. BRIndex100 touched intraday high of 4,586.29 and intraday low of 4,533.
Published 01 Jun, 2018 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (May 31, 2018).

Published 01 Jun, 2018 12:00am
BRIndex100 advances

BRIndex100 advances

Pakistan Stock Exchange witnessed a positive trend on the back of fresh buying in various sectors. BRIndex100 gained 35.44 points or 0.78 percent to close at 4,577.90 points Thursday. BRIndex100 touched intraday high of 4,586.29 and intraday low of 4,533.
Published 01 Jun, 2018 12:00am
No one will countenance poll 'delay': National Assembly told

No one will countenance poll 'delay': National Assembly told

Prime Minister Shahid Khaqan Abbasi Thursday said that neither the government nor the opposition would accept any delay in general election that is scheduled to be held on July 25. Speaking on the floor of the National Assembly, he said that free and fair
Published 01 Jun, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (May 31, 2018)

Published 01 Jun, 2018 12:00am
No one will countenance poll 'delay': National Assembly told

No one will countenance poll 'delay': National Assembly told

Prime Minister Shahid Khaqan Abbasi Thursday said that neither the government nor the opposition would accept any delay in general election that is scheduled to be held on July 25. Speaking on the floor of the National Assembly, he said that free and fair
Published 01 Jun, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (May 31, 2018).

Published 01 Jun, 2018 12:00am
NA completes five-year term

NA completes five-year term

The National Assembly completed its five-year term on Thursday mid-night while paving a way for next general elections to be held on July 25. The caretaker Prime Minister former Justice Nasirul Mulk will be sworn in today (Friday) in the President House.
Published 01 Jun, 2018 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 01 Jun, 2018 12:00am
NA completes five-year term

NA completes five-year term

The National Assembly completed its five-year term on Thursday mid-night while paving a way for next general elections to be held on July 25. The caretaker Prime Minister former Justice Nasirul Mulk will be sworn in today (Friday) in the President House.
Published 01 Jun, 2018 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 01 Jun, 2018 12:00am
PML-N government adds to country's indebtedness

PML-N government adds to country's indebtedness

Pakistan Muslim League (Nawaz) government's borrowing spree from external and domestic sources during the last five years leaves the country with external debt liabilities of $91 (against the 2013 total of $60.9 billion) and a domestic debt of Rs 16 trill
Published 01 Jun, 2018 12:00am
The Weather

The Weather

The weather report on Thursday (May 31, 2018) and the forecast for Friday (June 01, 2018).

Published 01 Jun, 2018 12:00am
PML-N government adds to country's indebtedness

PML-N government adds to country's indebtedness

Pakistan Muslim League (Nawaz) government's borrowing spree from external and domestic sources during the last five years leaves the country with external debt liabilities of $91 (against the 2013 total of $60.9 billion) and a domestic debt of Rs 16 trill
Published 01 Jun, 2018 12:00am
PML-N government adds to country''s indebtedness

PML-N government adds to country''s indebtedness

Pakistan Muslim League (Nawaz) government''s borrowing spree from external and domestic sources during the last five years leaves the country with external debt liabilities of $91 (against the 2013 total of $60.9 billion) and a domestic debt of Rs 16 tril
Published 01 Jun, 2018 12:00am
Five-year trade performance remained unsatisfactory
Currency

Five-year trade performance remained unsatisfactory

The performance of the PML (N) government on trade remained unsatisfactory during its five-year term with the deficit widening to $30.245 billion (July-April 2018) against $26.436 billion in the comparable period of the previous year.
Published 01 Jun, 2018 12:00am
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