EFU Aitemad Growth Fund Rates on Wednesday (August 27, 2014).

Bears retuned in the driving seat at the Islamabad Stock Exchange (ISE) on Wednesday, where losers outclassed gainers amid decrease in index. ISE Ten Index showed a decrease of 39.05 points as the ISE Ten Index moved from 4,407.70 to 4,368.65 points. The

EFU Capital Growth Fund Rates on Wednesday (August 27, 2014).

The US space agency's powerful deep-space rocket, known as the Space Launch System (SLS), aims to blast off for the first time in 2018, NASA said Wednesday. The SLS has been in development for three years already, and when finished it should propel spacec

EFU Capital Growth Fund Rates on Wednesday (August 27, 2014).

Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan has withdrawn his reply to the defamation notice filed by former Chief Justice of Pakistan (CJP) Iftikhar Muhammad Chaudhry, his lawyer Hamid Khan told reporters on Wednesday, a private TV channel reporte

EFU Capital Growth Fund Rates on Wednesday (August 27, 2014).

Three Saudi princes, including Foreign Minister Prince Saud al-Faisal, flew to Qatar on Wednesday, state media reported, amid efforts to repair a rift in the US-allied Gulf Co-operation Council. Saudi Arabia, Bahrain and the United Arab Emirates recalled

EFU Pension Growth Fund Rates on Wednesday (August 27, 2014).

Italy admitted on Wednesday its hopes for a sustained recovery from recession had been too high and called for a joint European solution to stubbornly low growth, as new data compounded the economic problems of Prime Minister Matteo Renzi. Economy Ministe

EFU Pension Growth Fund Rates on Wednesday (August 27, 2014).

Turkey's central bank on Wednesday kept its key interest rate steady, following warnings from markets that further cuts would be dangerous at a time of high inflation. The bank after its latest monetary policy meeting left the one week repurchase rate unc

EFU Pension Growth Fund Rates on Wednesday (August 27, 2014).

Pakistan Tehreek-e-Insaf's (PTI) 28 members of the Punjab Assembly submitted resignations to the Secretary Punjab Assembly here on Wednesday, in line with the decision taken by the PTI leadership. Leader of Opposition in Punjab Assembly Mian Mahmoodur Ras

EFU Managed Growth Fund Rates on Wednesday (August 27, 2014).

Pakistan Tehreek-e-Insaf's (PTI) 28 members of the Punjab Assembly submitted resignations to the Secretary Punjab Assembly here on Wednesday, in line with the decision taken by the PTI leadership. Leader of Opposition in Punjab Assembly Mian Mahmoodur Ras

EFU Managed Growth Fund Rates on Wednesday (August 27, 2014).

The Supreme Court on Wednesday granted one day to Pakistan Awami Tehreek (PAT) and Pakistan Tehreek-e-Insaf (PTI) to ensure free movement of traffic by clearing one lane of multi-lane Constitution Avenue by Thursday (today). A five-member bench of Chief J

EFU Managed Growth Fund Rates on Wednesday (August 27, 2014).

The Supreme Court on Wednesday granted one day to Pakistan Awami Tehreek (PAT) and Pakistan Tehreek-e-Insaf (PTI) to ensure free movement of traffic by clearing one lane of multi-lane Constitution Avenue by Thursday (today). A five-member bench of Chief J

JLI Yaqeen Growth Fund Rates on Wednesday (August 27, 2014).

Extending his pressing deadline for making some highly important announcements by 24 hours, Pakistan Tehreek-e-Insaf (PTI) chairman on Wednesday claimed he was offered the slot of deputy prime minister that he turned down. "I've extended my sit-in deadlin

JLI Yaqeen Growth Fund Rates on Wednesday (August 27, 2014).

Extending his pressing deadline for making some highly important announcements by 24 hours, Pakistan Tehreek-e-Insaf (PTI) chairman on Wednesday claimed he was offered the slot of deputy prime minister that he turned down. "I've extended my sit-in deadlin

JLI Yaqeen Growth Fund Rates on Wednesday (August 27, 2014).

In a high-level meeting on Wednesday, the Election Commission of Pakistan (ECP), rejected rigging allegations levelled by Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan and Afzal Khan, ex-additional secretary ECP. The meeting, which was chaired by Act

JLI Meeseq Fund Rates on Wednesday (August 27, 2014).

In a high-level meeting on Wednesday, the Election Commission of Pakistan (ECP), rejected rigging allegations levelled by Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan and Afzal Khan, ex-additional secretary ECP. The meeting, which was chaired by Act

JLI Meeseq Fund Rates on Wednesday (August 27, 2014).

Governor Punjab Chaudhry Muhammad Sarwar spent a very busy day in Karachi where he met leading politicians of different parties. He also met Senator Mian Raza Rabbani at the latter's residence. Governor Sarwar discussed ways of dissolving current politica

JLI Meeseq Fund Rates on Wednesday (August 27, 2014).

Governor Punjab Chaudhry Muhammad Sarwar spent a very busy day in Karachi where he met leading politicians of different parties. He also met Senator Mian Raza Rabbani at the latter's residence. Governor Sarwar discussed ways of dissolving current politica

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (August 27, 2014).

On Wednesday, BRIndex30 opened at 15,236.15 points. It touched an intraday high of 15,258.06 points and an intraday low of 14,695.71 points and closed at 14,855.97 points which was -380.18 points or -2.5 percent lower than previous close. Total volume was

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (August 27, 2014).

On Wednesday, BRIndex30 opened at 15,236.15 points. It touched an intraday high of 15,258.06 points and an intraday low of 14,695.71 points and closed at 14,855.97 points which was -380.18 points or -2.5 percent lower than previous close. Total volume was

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (August 27, 2014).

Equities continued to fall across-the-board weighed by prevailing grave political crisis. The benchmark KSE-100 index lost another 432 points Wednesday to close below 27,000 points level. On Tuesday, the KSE-100 index closed at 27,811 points compared to 2

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (August 27, 2014).

Equities continued to fall across-the-board weighed by prevailing grave political crisis. The benchmark KSE-100 index lost another 432 points Wednesday to close below 27,000 points level. On Tuesday, the KSE-100 index closed at 27,811 points compared to 2

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (August 27, 2014).

Equities continued to fall across-the-board weighed by prevailing grave political crisis. The benchmark KSE-100 index lost another 432 points Wednesday to close below 27,000 points level. On Tuesday, the KSE-100 index closed at 27,811 points compared to 2

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (August 27, 2014).

Finance Minister Ishaq Dar on Wednesday said the proposal of Senator Jaffar Iqbal for creating the post of deputy prime minister does not reflect the policy of Pakistan Muslim League-N. The Finance Minister in a statement termed the suggestion by Senator

Closing of sterling rates at 1730 GMT - on Wednesday (August 27, 2014).

Finance Minister Ishaq Dar on Wednesday said the proposal of Senator Jaffar Iqbal for creating the post of deputy prime minister does not reflect the policy of Pakistan Muslim League-N. The Finance Minister in a statement termed the suggestion by Senator

The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special Drawing Rights (SDR).

Former Prime Minister Syed Yousuf Raza Gilani Wednesday pointed out that Prime Minister Nawaz Sharif did not utter a single word in his National Assembly speech on the Model Town tragedy. In an interview with a private TV channel by phone, the former prem

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Wednesday (August 27, 2014).

Former Prime Minister Syed Yousuf Raza Gilani Wednesday pointed out that Prime Minister Nawaz Sharif did not utter a single word in his National Assembly speech on the Model Town tragedy. In an interview with a private TV channel by phone, the former prem

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (August 27, 2014).

Prime Minister Nawaz Sharif on Wednesday held a series of meetings with heads of Parliamentary leaders and discussed with them the prevailing political situation in the country. The Prime Minister in his meetings here in his Chamber at the Parliament appr

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (August 27, 2014).

Prime Minister Nawaz Sharif on Wednesday held a series of meetings with heads of Parliamentary leaders and discussed with them the prevailing political situation in the country. The Prime Minister in his meetings here in his Chamber at the Parliament appr

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Wednesday (August 27, 2014).

Prime Minister Nawaz Sharif on Wednesday told the parliamentarians that he would not make any compromise on the oath that he had taken for the supremacy of Constitution and rule of law. In his much-awaited speech in the National Assembly, Nawaz Sharif als

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Wednesday (August 27, 2014).

Prime Minister Nawaz Sharif on Wednesday told the parliamentarians that he would not make any compromise on the oath that he had taken for the supremacy of Constitution and rule of law. In his much-awaited speech in the National Assembly, Nawaz Sharif als

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (August 27, 2014).

Pakistan Awami Tehreek (PAT) Chief Dr Tahirul Qadri on Wednesday night announced that negotiations with government had "completely" failed and Thursday (today) would be the day of launch of his 'revolution'. Addressing his followers after holding two roun

Interest rates on old and incremental FCY deposits on Wednesday (August 27, 2014).

Pakistan Awami Tehreek (PAT) Chief Dr Tahirul Qadri on Wednesday night announced that negotiations with government had "completely" failed and Thursday (today) would be the day of launch of his 'revolution'. Addressing his followers after holding two roun

London Interbank Offer Rates on for calculating interest on special US dollar on Wednesday (August 27, 2014).

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Wednesday (August 27, 2014).

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Wednesday (August 27, 2014).

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (August 27, 2014).

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

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

The fluctuations observed during the day:

The fluctuations observed during the day:

All timings are in PST (Pakistan Standard Time).

Sugar prices in India are firming on fears of short-term supply constraints and seasonal demand even as global prices are sliding, posing a threat to a recent recovery in exports from the world's second-biggest producer of the sweetener. A raised sugar im

On Wednesday at Pakistan Mercantile Exchange (PMEX) value traded was recorded at PKR 2.049 billion. The number of lots traded was 11,905 and PMEX Commodity Index closed at 3,012. Major business was contributed by crude oil amounting to PKR 1,322 million -

US FOB Gulf soyabeans basis offers for late fall shipments firmed 5 to 8 cents a bushel late Tuesday but September soya was unquoted amid the volatility in the nearby CIF and interior markets, traders said. FOB corn and wheat values were steady but both m

Russia could harvest a record grain crop this year, allowing it to boost exports to the all-time high and replenish state stocks including with grain from Crimea, Arkady Zlochevsky, the head of Russia's Grain Union, said on Wednesday. Russia, one of the w

The Karachi Port handled 80,372 tonnes of cargo comprising 45,206 tonnes of import cargo and 35,166 tonnes of export cargo including 5,181 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday. The total import cargo of 45

Both the deliveries were lower on the forward cottonseeds oilcake market on Wednesday in the process of trading, dealers said. The December contract closed at Rs 1494.20 and it commenced with a fall of 20 paisa at Rs 1494.00, they said. The January vaida

Continued buying by mills and exporters boosted the rates to held firmness on the cotton market on Wednesday, dealers said. The official spot rate maintained overnight level at Rs 5,600, they added. In ready session, over 23,000 bales of cotton changed ha

ICE Canadian canola futures rose on Tuesday after overnight temperatures in parts of Western Canada dipped to just above freezing. Chilly weather slowed crop growth, with some fields developing behind schedule. Heavy rains on the weekend also halted harve

Thin trading activity was witnessed on the wholesale grain market on Wednesday in the process of trading, dealers said. On the cereals side, Moong Punjab sharply higher by Rs 625 to Rs 9000, other commodities held the overnight levels, they added. On the

Amazon Inc is planning to develop its own software for placing advertisements online, The Wall Street Journal reported, citing people with knowledge of the matter. While the in-house platform is initially planned to replace ads supplied by Google Inc on A

US health regulators on Friday approved Biogen Idec Inc's Plegridy, a long-acting multiple sclerosis drug that the company expects will eventually replace its older big-selling Avonex treatment. The company received European approval on July 23 for the dr

Arab Bank, on trial in New York for allegedly supporting terrorism, is one of the biggest and most prestigious Arab banking giants in the world. Founded in 1930 by Abdel Hamid Shoman, a Palestinian from Jerusalem who worked as a peddlar in New York then r

German public-sector lender BayernLB said it was confident of passing European Central Bank health checks in the coming weeks, as doubts linger about some other landesbanks. "For us, neither the asset quality review, nor the stress tests will have a big e

Wal-Mart Stores lowered its 2014 profit outlook Thursday as it turns toward online sales amid weakness in its key US market, still struggling with a fragile economy. The world's largest retailer posted a slight profit rise and better-than-expected sales f

Wal-Mart Stores lowered its 2014 profit outlook Thursday as it turns toward online sales amid weakness in its key US market, still struggling with a fragile economy. The world's largest retailer posted a slight profit rise and better-than-expected sales f

The late entry of environmentalist Marina Silva into Brazil's presidential race following the death of her running mate could rally young voters and those upset over a sluggish economy and corruption, but introduce new uncertainty for investors wary of he

Poland will raise the lowest state pensions and boost tax benefits for families, but it plans to defer an increase in defence spending until 2016, the prime minister said, in a move aimed at boosting the government's support before elections.

Consumer confidence in Germany is faltering in the face of growing concern about the economic impact of the crises in Ukraine and the Middle East, a new poll found Wednesday. "The escalation of the situation in Iraq, in Israel and in eastern Ukraine, as w

The Asian Development Bank on Wednesday urged India's new government to cut stifling red-tape to draw foreign investment and get the country back on a high-growth track. ADB President Takehiko Nakao, speaking after holding talks with India's new right-win

The Asian Development Bank on Wednesday urged India's new government to cut stifling red-tape to draw foreign investment and get the country back on a high-growth track. ADB President Takehiko Nakao, speaking after holding talks with India's new right-win

New Zealand's Fonterra on Wednesday said it will take a stake in Chinese baby food and formula maker Beingmate Baby and Child Food Co Ltd in the dairy giant's first tie-up with a Chinese processor since its involvement in a tainted infant formula scandal

A Social-Democrat lawmaker, Darius Valcov, was named on Wednesday as Romania's budget minister, a key position in a country closely monitored by the International Monetary Fund. Valcov, 37, who has an economics background, was mayor of the southern Romani

Unemployment in crisis-hit France struck a new high in July, official statistics published Wednesday showed, in another blow for the deeply unpopular President Francois Hollande. The labour ministry said there were now 3.424 million people out of work, a

Canadian uranium miner Cameco Corp will shut the world's biggest uranium mine at McArthur River, Saskatchewan on Saturday, barring a last-minute labour settlement, after the United Steelworkers union said workers would go on strike. Cameco on Wednesday sa

Courts ordered three McDonald's restaurants in Moscow to be closed for the maximum term of 90 days on Wednesday on health grounds in a case widely seen as retaliation against Western sanctions. The three Moscow restaurants include one located in the shado

China will maintain its "targeted" policy stance to keep economic growth on track, focusing on investment projects in bottleneck areas, the cabinet said on Wednesday. The regular weekly State Council meeting, chaired by Premier Li Keqiang, also pledged to

France has "no time to lose" in enacting reforms with the nomination of a new government following a row over economic policy, the EU Commission said on Wednesday. It is crucial that France's new government "maintain its reform commitments, which are esse

Prime Minister Narendra Modi will promise on Thursday to provide a bank account for every Indian household when he launches a major initiative that could save billions of dollars in welfare spending and help mend strained state finances. India has grown t

Malawian President Peter Mutharika has shot down a proposal to hike cabinet ministers' pay to almost triple his own salary, a spokesman said Tuesday, amid austerity measures following foreign aid flight. The cabinet secretary asked for a six-fold increase