News Archives for Print - 2014-08-12

Print - 2014-08-12

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Monday (August 11, 2014).

Published 12 Aug, 2014 12:00am

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Monday (August 11, 2014).

Published 12 Aug, 2014 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Monday (August 11, 2014).

Published 12 Aug, 2014 12:00am

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 12 Aug, 2014 12:00am

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 12 Aug, 2014 12:00am

State Bank of Pakistan conversion rates

Published 12 Aug, 2014 12:00am

New York cotton

The fluctuations observed during the day:

Published 12 Aug, 2014 12:00am

New York cotton

The fluctuations observed during the day:

Published 12 Aug, 2014 12:00am

Aaj TV - Tuesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 12 Aug, 2014 12:00am

Bulgaria wheat crop slightly down

Bulgaria reaped 4.5 million tonnes of wheat from 89 percent of the sown area by August 7, below the year-earlier tonnage of 4.7 million due to heavy rains and floods this year, the agriculture ministry said on Monday. "The recent rains have delayed the ha

Published 12 Aug, 2014 12:00am

China's small commodity traders at risk

A warehouse fraud at China's third-largest port has forced banks and trading houses to consider new controls in the country's massive commodity financing business, which traders say could lead to drying up of credit for all but large firms and state-owned

Published 12 Aug, 2014 12:00am

Oil cake market rates

Downward trend continued on the forward cottonseeds oilcake market on Monday in the process of trading, dealers said. The December contract closed at Rs 1499.60 and it opened with Re.one loss at Rs 1498.60, they said. The January vaida ended at Rs 1699.00

Published 12 Aug, 2014 12:00am

Cotton market: modest trading activity amid persisting political chaos

Modest trading activity was seen on the cotton market on Monday amid persisting political agitation caused by demand of removal of Nawaz Sharif's government, dealers said. The official spot rate was higher by Rs 50 to Rs 5300, they added. In ready session

Published 12 Aug, 2014 12:00am

Australia's QSL sees no financial impact from Indonesia sugar import cuts

Queensland Sugar Ltd (QSL), Australia's biggest raw sugar exporter, said on Thursday that a reduction in Indonesia's import licences has had no financial impact on the company. Indonesian industry sources told Reuters on Wednesday a number of local refine

Published 12 Aug, 2014 12:00am

Trade House Enerfo launches sugar subsidiary

Commodities trade house Enerfo has launched a sugar trading subsidiary and opened offices in London, Sao Paulo and Bangkok to expand its sugar operations, a company spokesman said on Monday. The Singapore-headquartered company's expanded sugar activities

Published 12 Aug, 2014 12:00am

Lean business on grain market

Lean business was business seen on the wholesale grain market on Monday due to lack of fresh buying interest among buyers, dealers said. On the rise side, Irri-9 Sindh shed Rs 100 to Rs 5400-5500 and Irri-6 Sindh old managed to gain Rs 20 to Rs 3650, othe

Published 12 Aug, 2014 12:00am

Indian soyoil futures fall

Indian soyoil futures fell on Monday in line with overseas markets where palm oil futures dropped, but soybean edged up, extending last week's gains, as planting lagged last year's acreage. Malaysian palm oil futures sank to a more-than-one-year low on Mo

Published 12 Aug, 2014 12:00am

Daily trading report of PMEX

On Monday at Pakistan Mercantile Exchange (PMEX) value traded was recorded at PKR 1,421 million. Number of lots traded was 7,203 and PMEX Commodity Index closed at 3,006. Major business was contributed by gold amounting to PKR 738 million, followed by cru

Published 12 Aug, 2014 12:00am

Russia's wheat prices flat

Russian wheat prices were flat last week in dollar terms, supported by a weakening of the rouble and record exports in the middle of the harvesting campaign, analysts said on Monday. Russia, one of the main wheat suppliers via the Black Sea, exported 2.8

Published 12 Aug, 2014 12:00am

US moves to enhance safety of oil-by-rail shipments

The US Department of Transportation last Wednesday proposed new safety rules for hauling crude oil by rail after a string of explosive accidents, in a move that could impact railroads, drillers, refiners and railcar makers amid an energy boom. The draft r

Published 12 Aug, 2014 12:00am

Rising interest rates may revive appetite for Islamic commodity deals

A return to an era of higher interest rates could derail attempts by Islamic finance to create alternatives to a short-term funding instrument that has dominated the industry, but which some scholars and regulators want to see replaced. Islamic finance ha

Published 12 Aug, 2014 12:00am

Activities at Karachi and Qasim ports

The Karachi Port handled 229,153 tonnes of cargo comprising 205,716 tonnes of import cargo and 23,437 tonnes of export cargo including 1,133 loaded and empty containers during the last 48 hours ending at 0700 hours on Monday. The total import cargo of 205

Published 12 Aug, 2014 12:00am

Rains slow Argentina's 2014-15 wheat planting

Light-to-moderate rains on Argentina's Pampas grains belt slowed wheat sowing over the previous seven days, with 94.2 percent of projected sowing area already planted, the Buenos Aires Grains Exchange said in its weekly crop report on Thursday. The exchan

Published 12 Aug, 2014 12:00am

Frequent flyer schemes revamped to drive profits in tough times for airlines

Beset by low air fares and relentless competition, airlines around the world are waking up to the value of their frequent flyer programmes and realising they can boost profits as well as brand profile. A multitude of global carriers - preserved by complex

Published 12 Aug, 2014 12:00am

RBS confirms it's considering sale of Coutts arm

Royal Bank of Scotland confirmed it was considering selling the international arm of its private bank, a deal one source said could net it as much as $1 billion, as the British government leans on it to focus more on domestic lending. The move means that

Published 12 Aug, 2014 12:00am

US to force swaps overhaul to improve wind-downs

The way the world's largest banks use derivatives is set for drastic change after the US Federal Reserve and Federal Deposit Insurance Corp moved to strip financial counterparties of early termination rights on new derivatives contacts in the event of som

Published 12 Aug, 2014 12:00am

Moody's cuts Italy GDP forecast

Moody's has cut its 2014 growth forecast for Italy and now expects the economy to contract by 0.1 percent this year, adding to pressure on Prime Minister Matteo Renzi to deliver on promised far-reaching reforms. The US rating agency, which had previously

Published 12 Aug, 2014 12:00am

Russia's economy expands in second quarter

Russia's economy grew by 0.8 percent from April to June compared with output during the same period last year, a preliminary estimate by Russia's statistics committee showed on Monday. The figure is lower than a 1.2-percent growth forecast reported by Rus

Published 12 Aug, 2014 12:00am

Growth strong in UK, slips in Japan, eurozone on track: OECD

Leading economies are showing a steady growth trend overall, although Britain is doing particularly well and Japan and Germany are showing signs of losing pace, the OECD said on Monday. The eurozone as a whole, and France, are on a stable growth path, the

Published 12 Aug, 2014 12:00am

Deutsche Bank sues former China executive for $3.9 million

Deutsche Bank is suing a former top executive of its China operations for $3.9 million, according to reports, accusing him of transferring the sum to an account held by another company at a Chinese bank. Lee Zhang was previously chairman of Deutsche Bank

Published 12 Aug, 2014 12:00am

Audi says will 'accept penalty' in China anti-monopoly probe

German luxury car brand Audi will accept punishment from Chinese authorities for breaching anti-monopoly laws in the world's largest auto market, it said Monday. An investigation by Chinese authorities found that an Audi dealer network had "violated natio

Published 12 Aug, 2014 12:00am

Polish exports to Russia, Ukraine fall

Polish exports to Russia and Ukraine fell sharply in the first half of this year, illustrating the impact of a crisis which a minister in Warsaw has said will eat into domestic economic growth this year. Exports to Russia fell 10.7 percent year on year an

Published 12 Aug, 2014 12:00am

EU officials seek to limit impact of Russia's food import ban

European Union regulators on Monday began analysing product-by-product the impact of a Russian ban on EU food imports and agreed emergency measures to support peach and nectarine growers in what they described as a "signal of intent". The Russian ban, ann

Published 12 Aug, 2014 12:00am

Dubai bourse extends gains

Dubai's stock index rose for a third session in a row on Monday to lead Gulf market gains, while Industries Qatar shrugged off a fifth straight decline in quarterly profit as investors bet the firm's performance would improve in the second half of 2014. D

Published 12 Aug, 2014 12:00am

Hong Kong and China stocks up

Hong Kong stocks closed 1.29 percent higher on Monday following a late rally last week on Wall Street, where investors shrugged off concerns over ongoing instability in Iraq and Ukraine. The benchmark Hang Seng Index reversed three straight days of losses

Published 12 Aug, 2014 12:00am

Monday's afternoon trade: Wall Street rises modestly

US shares rose modestly in Monday trading, continuing a recovery from a brief correction that ended Friday as investors focused on hopes for easing tensions between Ukraine and Russia. Consumer staples shares led the gains, with a 1 percent increase for t

Published 12 Aug, 2014 12:00am

Sri Lankan bourse rises

Sri Lankan stocks gained for the fifth straight session on Monday and hovered near a three-year closing high as hopes for a policy rate cut this week and a further fall in interest rates boosted buying, stockbrokers said. Better earnings and continued for

Published 12 Aug, 2014 12:00am

Southeast Asian markets: Malaysia up 4-1/2-month low

Most Southeast Asian stock markets rebounded on Monday, with Malaysia rising from a 4-1/2-month closing low while Manila saw strong foreign fund inflows as easing Ukraine tensions helped boost investor appetite for risky assets. Malaysia's main stock inde

Published 12 Aug, 2014 12:00am

Tokyo stocks soar

Tokyo stocks rallied on Monday, closing 2.38 percent higher as investors picked up bargains after geopolitical tensions pushed the Japanese market into a steep decline. The benchmark Nikkei 225 index - which lost 4.80 percent last week as Washington order

Published 12 Aug, 2014 12:00am

Indian shares snap three-day losing streak

Indian shares rose nearly 1 percent on Monday to snap a three-day losing streak after auto stocks such as Mahindra and Mahindra surged on healthy earnings, while strength in global shares on easing tensions over Ukraine also helped. Global stocks bounced

Published 12 Aug, 2014 12:00am

DAX outperforms as European shares rebound from two-week drop

European shares rebounded on Monday from a two-week drop, with the German DAX market outperforming, after investors concluded Russia would not send troops into Ukraine any time soon. Clashes continued between Ukrainian forces and pro-Russian separatists,

Published 12 Aug, 2014 12:00am

Australian shares up

Australian shares rose 0.4 percent on Monday, snapping a six-session losing streak, with investor sentiment underpinned by a jump on Wall Street and easing tensions in Ukraine. The S&P/ASX 200 index climbed 21.7 points to 5,457.0 at the close of trade. Th

Published 12 Aug, 2014 12:00am

Russia's stocks soar after avoiding delisting

The shares of Russia's two biggest banks soared on Monday after avoiding being dropped from a top emerging markets index as part of the West's response to the Kremlin's stance in Ukraine. The New York-based MSCI index provider decided on Friday to keep of

Published 12 Aug, 2014 12:00am

FTSE ends losses as investors see Russia backing away from Ukraine

British shares snapped a three-day losing streak on Monday after Russia said it would pull troops back from near the Ukrainian border which investors interpreted as a sign of easing tensions between Moscow and Kiev. Late on Friday, Moscow's Defence Minist

Published 12 Aug, 2014 12:00am

Yen off highs in Asia

The yen eased versus the dollar on Monday, having backed off from peaks hit late last week as a slight relaxation in geopolitical tensions dampened demand for the safe-haven Japanese currency. The dollar inched up 0.1 percent to 102.17 yen, having bounced

Published 12 Aug, 2014 12:00am

Early trade in New York: Euro retreats versus dollar

The euro slid against the dollar on Monday, giving up Friday's gains, hampered by looming monetary easing from the European Central Bank and worries about the impact of the Russia-Ukraine conflict on Germany, the euro zone's largest economy. Europe's comm

Published 12 Aug, 2014 12:00am

Norwegian crown hits seven-week high in London

The Norwegian crown soared to a seven-week high against the euro on Monday after Norway reported consumer inflation unexpectedly jumped in July, as investors trimmed expectations that the central bank would cut interest rates. The crown surged around 1 pe

Published 12 Aug, 2014 12:00am

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Monday. 77.48-77.48 (previous 77.48-77.48). Call Money Rates: 06.00-07.75 percent (* previous 05.75-07.75 percent). (* revised).

Published 12 Aug, 2014 12:00am

Yuan near five-month high, Asia FX up

The Chinese yuan hit a near five-month high on Monday and other emerging Asian currencies also firmed as easing geopolitical tensions over Ukraine supported risk sentiment. The yuan started the domestic session at 6.1520 per dollar, its strongest since Ma

Published 12 Aug, 2014 12:00am

Australian and New Zealand dollar recover

The Australian and New Zealand dollars were off lows on Monday, as appetite for risk grew following a slight easing in the Ukraine-Russia conflict, while optimism over the outlook for China's economy underpinned demand. The Australian dollar nudged up to

Published 12 Aug, 2014 12:00am

Sterling rises

Sterling rose on Monday, in a week set to be dominated by a Bank of England inflation report that could give investors fresh cues on when monetary policy will be tightened in the United Kingdom. The report on Wednesday, allied to employment and wage data,

Published 12 Aug, 2014 12:00am

Indian rupee ends tad lower

The Indian rupee ended slightly lower on Monday as sentiment remained cautious on concerns foreign investors would pare some of their domestic equity or debt holdings, but easing global geopolitical tensions limited the fall. Emerging market currencies ho

Published 12 Aug, 2014 12:00am

South Africa in control

John Nyumbu became the second Zimbabwean to record a five-wicket haul on Test debut but South Africa still put themselves in the driving seat on day three of the one-off Test on Monday. Nyumbu sank to his knees and pointed to the heavens after taking figu

Published 12 Aug, 2014 12:00am

Pakistan greats blast Galle Test defeat

Former Pakistan players on Monday criticised the national team's capitulation in the first Test against Sri Lanka, blaming defensive batting on the final day for the seven-wicket defeat. A trademark second innings collapse Sunday meant Pakistan were bowle

Published 12 Aug, 2014 12:00am

Tsonga stuns Federer to win Toronto Masters

Jo-Wilfried Tsonga won the Toronto Masters with a win over Roger Federer, two years after injuring himself at the same event in a freak collision with a fire hydrant. French 13th seed Tsonga hit 11 aces and 26 winners to win Sunday's final 7-5, 7-6 (7/3)

Published 12 Aug, 2014 12:00am

Saeed Ajmal reported for suspected bowling action

The International Cricket Council (ICC) announced that off-spinner Saeed Ajmal was reported with "a suspected illegal bowling action" during Pakistan's first Test match against Sri Lanka at Galle International Stadium on Sunday. Once such a report has bee

Published 12 Aug, 2014 12:00am

Radwanska takes Montreal title

Third seed Agnieszka Radwanska toppled former world number one Venus Williams in straight sets Sunday at the WTA Montreal tournament to clinch her first title of the season. Poland's Radwanska rolled to a comfortable 6-4, 6-2 victory over the American in

Published 12 Aug, 2014 12:00am

Famed Croatian goalkeeper Vladimir Beara dies

Famed Croatian goalkeeper Vladimir Beara, who secured a 1952 Olympic silver for the former Yugoslavia national team, died on Monday, aged 85, officials said. Beara died in the coastal Croatian city of Split after a series of strokes, his former club Hajdu

Published 12 Aug, 2014 12:00am

World Cup record holder Klose retires from international football

German striker Miroslav Klose, the all-time World Cup top scorer, announced his retirement from international football on Monday. The 36-year-old leaves the German national team as a World Cup winner after last month helping Joachim Loew's side to their f

Published 12 Aug, 2014 12:00am

Pakistan Textile City project reviewed

The 56th Board of Directors' meeting of Pakistan Textile City Limited project was held in Karachi, chaired by Chairman Dr Mirza Ikhtiar Baig. The meeting was also attended by Rukhsana Shah, Secretary Textile Industry, Wajahat A Baqai, National Bank, Sheik

Published 12 Aug, 2014 12:00am

Non-availability of form: FBR asked to extend ST filing date

Pakistan Tax Bar Association and Karachi Tax Bar Association (KTBA) on Monday requested the Federal Board of Revenue (FBR) to extend the date of filing of monthly sales tax return for the tax period July 2014 till August 31, 2014. In the letters sent to F

Published 12 Aug, 2014 12:00am

Utilising soil moisture: farmers advised to complete sowing of Kharif crops

Upcountry growers should complete sowing of Kharif crops with a view to utilise field dampness for a better yield, Met Office advised on Monday. "The farmers of upper half of the country are advised to complete sowing of Kharif crops in time to utilise fu

Published 12 Aug, 2014 12:00am

Storm-water drainage system not yet cleaned: traders fear rainwater may bring business activities to a halt

Traders on Monday expressed fears that monsoon rains might bring the city's businesses activities to a complete halt because civic agencies have, so far, failed to clean the storm-water system of the metropolis.

Published 12 Aug, 2014 12:00am

Girls bag top positions in Intermediate Part-II exams

Controller Examinations, Board of Intermediate Education Karachi (BIEK), Imran Khan Chisti, on Monday announced the results of intermediate (part II) examinations 2014 of Pre- Medical, Medical Technology and Home Economics groups. According to statistics,

Published 12 Aug, 2014 12:00am

SBP to hold special expo on Independence Day

The State Bank Museum and Art Gallery as per its tradition will organise a special exhibition on the auspicious occasion of 14th August, the Independence Day. The main objective of the exhibition is to give awareness to younger generation of history and s

Published 12 Aug, 2014 12:00am

Misbehaviour MD: PIA orders inquiry against pilot

Managing Director, PIA has ordered investigation against a pilot on account of insisting that on flight operation department acts against the PIA policy, using abusive language and threatening lower staff. A reliable source said the staff of flight operat

Published 12 Aug, 2014 12:00am

BIEK cancels affiliation of four colleges

Board of Intermediate Education Karachi (BIEK) on Monday cancelled the affiliation of four colleges as their performance in the last four years' intermediate examinations remained "zero percent". The colleges which have been de-affiliated by the BIEK beca

Published 12 Aug, 2014 12:00am

Four bodies retrieved: boat carrying 'illegal immigrants' sinks near Iran coast

A speed boat carrying 11 'illegal immigrants' sank on Monday near the Pak-Iran border. Levies official Balach Gichki told media persons that the speed boat was on its way from Gwadar district's Jewni area to the Iranian border when it sank. He said four d

Published 12 Aug, 2014 12:00am

Law, order improving in Karachi: IGP Jamali

Inspector General of Police (IGP) Sindh Ghulam Haider Jamali has said that in order to maintain peace in the metropolis, entry and exit points of Karachi are being strictly monitored by Police, Rangers and CPLC jointly. He was addressing a seminar organiz

Published 12 Aug, 2014 12:00am

Amendments to KP Finance Act: number of new services added to ST law

The government of Khyber Pakhtunkhwa has issued notification on budget dated August 4, 2014 regarding certain amendments in the Khyber Pakhtunkhwa Finance Act 2013, regarding imposition of Sales Tax on Services in the province. Under this notification, a

Published 12 Aug, 2014 12:00am

Musharraf to leave for abroad this month: Wassan

Some old inmates would be released from prisons while some new would be arrested and jailed and hence the administration of Prisons in Sindh had been directed to make necessary preparations to deal with the in-and-out situation inside prisons soon. Former

Published 12 Aug, 2014 12:00am

Present situation to be handled politically, administratively: CM Punjab

Punjab Chief Minister Muhammad Shahbaz Sharif on Monday said people have given us a mandate and we will overcome the present situation administratively and politically. In an interview to a private TV channel, Shahbaz Sharif said that he has offered dialo

Published 12 Aug, 2014 12:00am

LCCI urges political parties to show maturity

Lahore Chamber of Commerce and Industry (LCCI) on Monday demanded of all the political parties to show maturity and try to resolve issues through talks as politics of agitation is pushing national economy to the wall. "Due to political unrest trade and ec

Published 12 Aug, 2014 12:00am

Government is ready to talk to Imran: Nawaz

Prime Minister Nawaz Sharif has said that the PML-N government is ready to talk to Imran Khan and find a better way to defuse the political tension. He was chairing a meeting on Monday to discuss the administrative steps taken for controlling the mob on Y

Published 12 Aug, 2014 12:00am

Public meeting: Qadri advised to seek permission from DM ICT

Chief Commissioner Islamabad has written a letter to chairman Pakistan Awami Tehrik (PAT) Allama Tahirul Qadri to seek permission from the District Magistrate Islamabad Capital Territory to hold any public event in ICT. In his letter the Chief Commissione

Published 12 Aug, 2014 12:00am

PML-N government pushing country towards civil war: Elahi

Labelling Prime Minister Nawaz Sharif and Chief Minister Shahbaz Sharif "civilian dictators," Pakistan Muslim League-Quaid (PML-Q) leader Chaudhry Pervez Elahi has said the ruling Pakistan Muslim League-Nawaz (PML-N) government is pushing the country towa

Published 12 Aug, 2014 12:00am

'Traffic blockades to adversely affect poultry supply'

Chairman Pakistan Poultry Association (NZ), Raza Mehmood Khursand has warned of a possible short supply of poultry in the province in coming days and high poultry meat prices because of blockade of traffic by the government to restrict the movement of Tah

Published 12 Aug, 2014 12:00am

LHCBA denounces PTI's march

The Lahore High Court Bar Association (LHCBA) has announced to resist every extra constitutional move in country and denounced "Azadi march" to be held by PTI and other parties. A general house meeting of the bar here on Monday through a resolution carrie

Published 12 Aug, 2014 12:00am

Political scenario taking a dangerous turn: JI Ameer

JI Ameer Sirajul Haq has said that political scenario in the country is taking a dangerous turn but the ray of hope is still there, and he would try till the last moment to pull the country out of the present crisis. While talking to reporters before a me

Published 12 Aug, 2014 12:00am

No one should try to derail democracy: chief minister Balochistan

Balochistan Chief Minister Dr Abdul Malik Baloch on Monday said that all political parties have right to hold demonstration and rallies, adding however that no one should try to derail the democracy. He urged all political leaders to play their due role f

Published 12 Aug, 2014 12:00am

Filing of returns consistently decreasing: Rehmatullah

Rehmatullah Khan Wazir, Director General Broadening Tax Base, Federal Board of Revenue, Islamabad held meeting with Chief Commissioners and Commissioners of all Regional Tax Office, Karachi on Monday. The meeting was attended by Hafiz Muhammad Ali Indhar,

Published 12 Aug, 2014 12:00am

Public listed, unlisted entities: Companies must maintain functional website from 30th: SECP

The Securities and Exchange Commission of Pakistan (SECP) has made it mandatory for every public listed and unlisted public company to maintain a functional website with effect from August 30, 2014. The website must display details like financial statemen

Published 12 Aug, 2014 12:00am

Ahsan Iqbal to inaugurate 8th Pakistan SME Forum on August 19

Professor Ahsan Iqbal, Federal Minister for Planning, Development and Reform will inaugurate the 8TH Pakistan SME Forum 2014 organized annually by SHAMROCK Conferences International to be held on August 19 at local hotel. This year's theme is "Bringing SM

Published 12 Aug, 2014 12:00am

DSP Bannu sacked for complicity with criminals

The Inspector General of Police (IGP) Khyber-Pakhtunkhwa Nasir Khan Durrani suspended DSP Bannu Sardad Khan; closed him to Central Police Office Peshawar and ordered departmental inquiry against him. As per details, the IGP received various complaints aga

Published 12 Aug, 2014 12:00am

KP chief minister asks Sharifs to avoid arresting PTI workers

KP Chief Minister Pervez Khattak has asked the federal and provincial governments of Sharif brothers to avoid arresting and using force against workers of rival political parties and dragging the state institutions into politics.

Published 12 Aug, 2014 12:00am

Seminar on Palestine Conflict: speakers concerned over silence of Muslim world

The Israeli aggression in Gaza is against the Geneva Convention and violations of all human rights and the silence of international community especially of Muslim world on the issue is beyond understanding. This was the crux of a seminar organised by base

Published 12 Aug, 2014 12:00am

Vision 2025: Pakistan Post issues two postage stamps

Pakistan Post issued two Commemorative Postage stamps of Rs 8/- and Rs 10/- denomination each, on Monday on launching of the long-run road map of a progressive Pakistan in the shape of Pakistan Vision 2025. Vision 2025 divides its challenges and goals int

Published 12 Aug, 2014 12:00am

Country may miss cotton production target

The country is likely to miss cotton production target of 15.1 million bales set for the current season 2014-15 after failing to meet the sowing target by 6 per cent and attacks of sucking insects on the crop, official sources reveal. Sources in the Minis

Published 12 Aug, 2014 12:00am

Body found in Panjgur

Police recovered a body of man from Panjgur town area of Balochistan on Monday. According to police, on a tip off, a police party reached the site and took the body into custody which was dumped an open area after killing by unknown men. The body was shif

Published 12 Aug, 2014 12:00am

Takht Bhai railway flyover design changed

On the recommendations of Senate Standing Committee, National Highway Authority (NHA) changed the design of the Takht Bhai railway flyover. An official source informed APP Monday that in view of social issue rose at the site due to protests of the locals

Published 12 Aug, 2014 12:00am

Six-kg bomb defused in Kurram Agency

The security forces on Monday foiled a major terror plot by defusing six kilogram bomb and arresting several terrorists in Sadda town of Kurram tribal region. According to the local administration, the explosives were hidden in a thermos. The Bomb Disposa

Published 12 Aug, 2014 12:00am

'PTI's march a conspiracy against democracy'

President Balochistan National Party Dr Abdul Hai Baloch has termed the Pakistan Tehreek-e-Insaf's long march a conspiracy against democracy. Talking to Radio Pakistan, he said the long march is not in the interest of the country as it will weaken democra

Published 12 Aug, 2014 12:00am

Sindh universities: PAC to hire third party auditors for accountability

Sindh Public Accounts Committee will hire third party auditors for better accountability of the universities while a committee of provincial assembly members would also visit finance departments of the varsities to keep a check on their financial issues.

Published 12 Aug, 2014 12:00am

Placing MVIs under STA: SHC seeks explanation from Sindh government

Sindh High Court (SHC) had sought submission of explanation about amendments made to the Motor Vehicle Act-2014 within 3 weeks. The amendments and the notification for placing the Motor Vehicle Inspector under Sindh Transport Authority(STA) were challenge

Published 12 Aug, 2014 12:00am

KP Police awards honest officer

Inspector General of Police (IGP) Khyber Pakhtunkhwa Nasir Khan Durrani has said that Khyber Pakhtunkhwa police force has no parallel in bravery and honesty. This he said while addressing an award distribution ceremony held at CPO Peshawar on Monday, whic

Published 12 Aug, 2014 12:00am

PTI, PAT marches plan: goods carriers reluctant to go to Punjab, KP

Following the announcement of independence (Azadi) and revolution (Inqelab) marches by Pakistan Tehreek-e-Insaf (PTI) and Pakistan Awami Tehrik (PAT), respectively, cargo movement to Punjab and KP has been halted, raising chances of scarcity of food and i

Published 12 Aug, 2014 12:00am

Girls outshine boys again in HSSC Part-II exams

Maintaining the previous record, girls have outshone the boys by bagging more top positions in the Higher Secondary School Certificate (HSSC) Part-II exams, according to the result announced in a ceremony held here on Monday. Federal Minister for Educatio

Published 12 Aug, 2014 12:00am

PN Command, Staff Conference held

The third Command and Staff Conference of Pakistan Navy for the year 2014 was held at Naval Headquarters Islamabad with Chief of the Naval Staff, Admiral Mohammad Asif Sandila in the chair here on Monday aimed at reviewing operational preparedness and dev

Published 12 Aug, 2014 12:00am

Prices of potatoes likely to fall soon

Prices of potatoes might decline considerably shortly when its supply from Quetta, Kohat and Balakot would start reaching the local markets, sources told Business Recorder. Though the government had allowed duty-free import of potatoes, the price o

Published 12 Aug, 2014 12:00am

Two TTP terrorists, two dacoits gunned down

At least three people were killed in separate incidents of violence while police claimed to have gunned down two suspected terrorists of banned Tehreek-e-Taliban Pakistan (TTP) and two dacoits here. According to police sources, two suspected terrorists of

Published 12 Aug, 2014 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 17	278.30
USD PKR Interbank Buying / May 17	278.10
USD to Japanese Yen / May 17	155.67
USD to Swiss Franc / May 17	0.91
Pound Sterling to USD / May 17	1.27
Euro to USD / May 17	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Tokyo Nikkei / May 17	38787.38
Nasdaq / May 17	16685.97
Hang Seng / May 17	19535.61
FTSE 100 / May 17	8420.26
Dow Jones / May 17	40003.59
Germany DAX 30 / May 17	18704.42

Item	Value
Crude Oil USD/Barrel / May 17	79.59
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210562
Gold Spot USD/Ounce / May 17	2386.18
Cotton US¢/pound / May 17	76.29
Petrol/Litre / May 19	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 19 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 19 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 19 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 19 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 19 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 19 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 19 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 19 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 19 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 19 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 19 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 19 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 19 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 19 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 19 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 19 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 19 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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