News Archives for Print - 2015-12-09

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Print - 2015-12-09

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (December 08, 2015).

Published 09 Dec, 2015 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (December 08, 2015).

Published 09 Dec, 2015 12:00am

Currency

Currency values in terms of Special Drawing Rights

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

Published 09 Dec, 2015 12:00am

Currency

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Tuesday (December 08, 2015).

Published 09 Dec, 2015 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (December 08, 2015).

Published 09 Dec, 2015 12:00am

Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (December 08, 2015).

Published 09 Dec, 2015 12:00am

Currency

Banks' rates for currency notes (buying and selling)

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Tuesday (December 08, 2015).

Published 09 Dec, 2015 12:00am

Currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Tuesday (December 08, 2015).

Published 09 Dec, 2015 12:00am

Currency

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (December 08, 2015).

Published 09 Dec, 2015 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Tuesday (December 08, 2015).

Published 09 Dec, 2015 12:00am

Libor

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Tuesday (December 08, 2015).

Published 09 Dec, 2015 12:00am

Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Tuesday (December 08, 2015).

Published 09 Dec, 2015 12:00am

Currency

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Tuesday (December 08, 2015).

Published 09 Dec, 2015 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (December 08, 2015).

Published 09 Dec, 2015 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 09 Dec, 2015 12:00am

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 09 Dec, 2015 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 09 Dec, 2015 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 09 Dec, 2015 12:00am

Aaj TV - Wednesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 09 Dec, 2015 12:00am

INTERNATIONAL ANTI-CORRUPTION DAY

Corruption is a complex social, political and economic phenomenon that affects all countries. Corruption undermines democratic institutions, slows economic development and contributes to governmental instability. Corruption attacks the foundation of democ

Published 09 Dec, 2015 12:00am

MESSAGE FROM DIRECTOR GENERAL

The National Accountability Bureau (NAB) is Pakistan's apex anti-corruption organisation with the vision of corruption free society. The Bureau is constantly adapting new ways to tackle the forth coming challenges in the elimination of corruption by engag

Published 09 Dec, 2015 12:00am

MESSAGE FROM CHAIRMAN

Corruption today continues to take a great toll on our societies, and threatens to exacerbate wider challenges that our society face - may these be poverty, inequality of income, environment, delivering public services to all citizens or maintaining peace

Published 09 Dec, 2015 12:00am

Big city land-grab sowing seeds of next China property boom

In the Chaoyang district of north-east Beijing, a nondescript wall covered in patriotic posters protects one of the city's most valuable treasures: a dirt field containing nothing but a few scattered trees.

Published 09 Dec, 2015 12:00am

Greece needs debt relief to combat crisis: UN expert

Greece needs debt relief from its international creditors to combat its dual economic and refugee crises, a UN expert said Tuesday. "Greece needs debt relief in order to trigger socially inclusive growth," Juan Pablo Bohoslavsky, the UN's independent expe

Published 09 Dec, 2015 12:00am

Keurig agrees to $13.9 billion buyout by private investors

Keurig Green Mountain, the struggling maker of single-cup coffee pods and brewers, said Monday it is being bought for $13.9 billion by private investors led by JAB Holding Company. The acquisition was approved unanimously by Keurig's board, including its

Published 09 Dec, 2015 12:00am

Currency

Argentina aims to dismantle currency controls from December 14

Argentina's incoming finance minister, Alfonso Prat-Gay, will aim to lift currency controls and unify the country's multi-tiered exchange rate from December 14, a few days after the new government assumes power, Prat-Gay told local media Sunday. "If we ca

Published 09 Dec, 2015 12:00am

Australia seeks 'ideas boom' with tax breaks, visa boosts

Australia will introduce an entrepreneur visa and offer tax breaks for start-ups, the government said Monday as it tries to unleash an "ideas boom" to move the economy away from dependence on mining. Launching a signature Aus$1.1 billion (US $806 million)

Published 09 Dec, 2015 12:00am

Australia seeks 'ideas boom' with tax breaks, visa boosts

Published 09 Dec, 2015 12:00am

Overnight stays in Switzerland fall 3.5 percent

Overnight stays in Swiss hotels fell 3.5 percent in October, extending a decline as the strong Swiss franc makes holidays more expensive for European visitors. A 30 percent rise in stays by tourists from China and a fifth more stays by South Koreans could

Published 09 Dec, 2015 12:00am

General Electric pulls plug on appliance deal with Sweden's Electrolux

General Electric has terminated the planned acquisition of its appliance business by the Swedish manufacturer Electrolux, which US authorities opposed, both companies announced Monday. The $3.3 billion (about 3 billion euros) deal was announced in Septemb

Published 09 Dec, 2015 12:00am

Japan to spend $113 million on anti-terrorism in extra budget

Japan's government will spend 14 billion yen ($113.57 million) on anti-terrorism measures, in the wake of the Paris attacks and other recent incidents, as part of a 3.3 trillion yen extra stimulus budget planned for this fiscal year, government sources to

Published 09 Dec, 2015 12:00am

Nigerian government agrees 6.0 trillion naira budget for 2016

Nigeria's government has agreed a 6.0 trillion naira ($29.8 billion) budget for the coming year, budget and national planning minister Udoma Udo Udoma said on Monday. "Next year, we are looking at an expansionist budget," he told reporters after a cabinet

Published 09 Dec, 2015 12:00am

Irish consumer confidence hits 10-year high

Irish consumer sentiment hit a 10-year high in November as the economy grows rapidly and unemployment falls, a survey showed on Tuesday, in the latest boost to the government on the eve of a general election. The KBC Bank Ireland/ESRI Consumer Sentiment I

Published 09 Dec, 2015 12:00am

Boeing 737 MAX on track for early 2016 takeoff

Boeing Co marked the successful assembly of its first 737 MAX on Tuesday, signalling that the key program is on schedule for first flight early next year. The first 737 MAX, which quietly rolled out of a Renton, Washington, hangar in November, represents

Published 09 Dec, 2015 12:00am

Boeing 737 MAX on track for early 2016 takeoff

Published 09 Dec, 2015 12:00am

Pimco appoints Bernanke, UK's Brown to new advisory board

One of the world's biggest investment firms on Monday said it had appointed a stellar cast of advisers, including ex-Federal Reserve chief Ben Bernanke and former British prime minister Gordon Brown. Pacific Investment Management Co, or Pimco, also appoin

Published 09 Dec, 2015 12:00am

Japan poised to build India's first bullet train: report

Japan is set to build India's first bullet train, with Tokyo financing the project through an $8 billion loan to New Delhi, a leading Japanese business daily reported Tuesday. The Nikkei, which did not cite sources, said the bullet train will link the cit

Published 09 Dec, 2015 12:00am

Manufacturing output falls unexpectedly

British manufacturing output fell unexpectedly in October, denting hopes the sector might soon help to drive the country's economy towards a more balanced recovery, data showed on Tuesday. Manufacturing output fell 0.4 percent on the month in October, aga

Published 09 Dec, 2015 12:00am

British household spending highest since 2007, still below pre-crisis levels

British weekly household spending rose in 2014 to its highest since before the global financial downturn but remained below pre-crisis level, official data showed on Tuesday. Households spent on average 531.30 pounds ($795.73) per week last year, which wa

Published 09 Dec, 2015 12:00am

Revised GDP data show Japan economy sidesteps recession

Japan has side-stepped its second recession in as many years after revised data Tuesday showed that the economy actually grew last quarter. The stronger-than-expected revision of a 0.3 percent expansion for the July-September period comes several weeks af

Published 09 Dec, 2015 12:00am

Greece lifts capital controls on stock market

Greece's finance ministry on Tuesday said it had lifted capital controls imposed in June on its stock market, but kept in place a short selling ban on the shares of its top banks. "Limitations on transactions on Greek capital markets are lifted," said a d

Published 09 Dec, 2015 12:00am

Sales worries pull down US small-business confidence

US small-business confidence tumbled in November amid worries over sales growth and profits, but remained at levels consistent with an economy expanding at a moderate pace in the fourth quarter. The National Federation of Independent Business said on Tues

Published 09 Dec, 2015 12:00am

Syria to export 700,000 tons of citrus to Russia: official

Syria will export more than 700,000 tons of citrus fruits to Russia to "fill the gap" left by Moscow's ban on Turkish agricultural products, officials said Tuesday. "We are preparing some 700,000 tons of citrus, mostly oranges, to send to Russian markets,

Published 09 Dec, 2015 12:00am

Paris attacks wipe a quarter off French growth

The economic impact of last month's attacks in Paris will likely wipe a quarter off the growth that had been expected in the final three months of the year, the Bank of France said on Tuesday. The French central bank said it was now expecting 0.3 percent

Published 09 Dec, 2015 12:00am

Canadian housing starts, building permits show strength

Canadian housing starts rose unexpectedly in November and building permits surged in October, fuelling Canada's prolonged housing boom even as the nation's weak economy contributed to underlying softness in some regions, reports showed on Tuesday. Groundb

Published 09 Dec, 2015 12:00am

Aging population seen restraining US labour force growth

US labour force growth is set to slow further over the next decade as more Americans retire, which will confine the economy to a moderate growth path, according to government report on Tuesday. In its biennial employment projections for 2014-2024, the Lab

Published 09 Dec, 2015 12:00am

Middle East stocks fall as regional investors cash out; Qatar hits two-year low

Middle East stocks fell as Arab investors cashed out of regional on Tuesday after oil prices dropped to near a seven-year low, with all regional markets ending the day lower. Brent futures hovered just above $40 and US crude broke below $37, levels last s

Published 09 Dec, 2015 12:00am

Currency

Tokyo shares down as oil-linked stocks tumble

Tokyo stocks fell Tuesday as oil-linked firms took a beating after the price of crude tumbled to near a seven-year low. The precipitous drop was in reaction to a decision last week by the Organisation of the Petroleum Exporting Countries (Opec) not to cut

Published 09 Dec, 2015 12:00am

Wall Street slides as oil prices tumble to near seven-year low

US stocks fell on Monday, led by the S&P energy index's biggest one-day percentage drop since late August as oil prices slid to their lowest point in nearly seven years. US crude oil futures settled down almost 6 percent while Brent crude fell more than 5

Published 09 Dec, 2015 12:00am

Taiwan stocks fall

Taiwan stocks fell on Tuesday following losses in overseas markets and after weak exports data dented hopes the trade-reliant economy can recover in the final months of 2015. The main TAIEX index was down 0.6 percent at 8,404.39 as of 0144 GMT, after clos

Published 09 Dec, 2015 12:00am

Long-dated Treasury debt prices advance

US long-dated Treasury debt prices rallied on Monday, boosted by the drop in oil prices which suggests inflation in the world's largest economy would remain benign. US 30-year bond yields fell below 3.0 percent, while 10-year yields slid to the day's low

Published 09 Dec, 2015 12:00am

Long-dated Treasury debt prices advance

Published 09 Dec, 2015 12:00am

Australian shares hit three-week low

Australian shares hit a three-week trough on Tuesday as tumbling oil and base metals prices dragged resource stocks sharply lower. The S&P/ASX 200 index closed down 47.1 points or 0.9 percent at 5,108.6, its lowest since November 17. The benchmark is down

Published 09 Dec, 2015 12:00am

Indian shares fall to three-month low

Indian shares fell for a fifth consecutive session on Tuesday after earlier hitting their weakest in more than three months, as oil producers such as Oil and Natural Gas Corp extended falls after crude prices tumbled to seven-year lows. The benchmark BSE

Published 09 Dec, 2015 12:00am

China stocks post biggest loss in 10 days

Shanghai stocks posted their biggest loss in 10 days, as disappointing China trade data and slumping oil prices unnerved investors already cautious ahead of an anticipated US rate hike that could trigger more capital outflows. The Chinese market is also u

Published 09 Dec, 2015 12:00am

Miners weigh on European shares, Anglo American hits record low

European shares fell on Tuesday, with mining shares led lower by a slump in Anglo American to a new record low, and a top pan-European index falling to a 6-week low. The FTSEurofirst 300 index fell 1.8 percent to 1,437.77 points, its lowest close since la

Published 09 Dec, 2015 12:00am

Hong Kong benchmark index tumbles

Hong Kong stocks closed at a two-month low on Tuesday, tracking sluggish global markets, as slumping oil prices dented already fragile investor confidence ahead of a likely US rate hike. The market was also weighed down by weak China November trade data,

Published 09 Dec, 2015 12:00am

Most Southeast Asian stocks lower

Most Southeast Asian stock markets eased on Tuesday as falling oil prices hit energy stocks, with Thailand's stock index posting its biggest single-day drop since August. Thailand's SET index posted the steepest fall in the region with a 2 percent drop, l

Published 09 Dec, 2015 12:00am

Slide in mining stocks pulls FTSE lower

A slump in Anglo American shares hit UK-listed miners on Tuesday, dragging Britain's main share index to a fourth consecutive day of losses. Anglo American shares fell 12.3 percent to a record low after the company suspended dividends for the second half

Published 09 Dec, 2015 12:00am

Currency

Yuan ends over four-year low against dollar

China's onshore yuan closed at its weakest against the dollar in more than 4 years on Tuesday, after the central bank set a softer midpoint and trade data showed the world's second-largest economy remained weak in November. The onshore spot opened at 6.41

Published 09 Dec, 2015 12:00am

Currency

Dollar up versus commodity currencies in Asia

The US dollar held firm against commodity currencies on Tuesday and hovered near decade-highs against its Canadian peer, which has come under renewed pressure this week due to tumbling global oil prices. Commodity currencies also remained on the defensive

Published 09 Dec, 2015 12:00am

Currency

Oil-linked currencies take a beating in Europe

The currencies of major oil exporting nations, such as the Canadian dollar and the Norwegian crown, fell on Tuesday as crude prices hovered near seven-year lows, muddying the water for global growth and inflation prospects. Growth-linked currencies like t

Published 09 Dec, 2015 12:00am

Currency

Early trade in New York: Oil-linked currencies' sell-off intensifies

The Canadian dollar, Norwegian crown and currencies of other major oil exporters fell on Tuesday, hitting decade-plus lows versus the dollar as concerns about an oil supply glut and soft global demand sent crude prices to near seven-year lows. Growth-orie

Published 09 Dec, 2015 12:00am

Currency

Dollar rises broadly in New York

The dollar rose broadly on Monday on expectations the US Federal Reserve is on track to raise interest rates next week following a solid November jobs report. The New Zealand dollar and Norwegian crown were big losers to the greenback as commodity prices

Published 09 Dec, 2015 12:00am

Currency

Ruble nears 70 per dollar as oil prices slide

Russia's battered ruble currency on Tuesday approached 70 per dollar for the first time since August as oil prices sank below $40 a barrel. The ruble stood at 69.73 to the dollar and 75.85 to the euro in evening trading. Brent crude prices sank under $40

Published 09 Dec, 2015 12:00am

Currency

Ringgit leads Asia FX losses on tumbling oil

The Malaysian ringgit led losses among emerging Asian currencies on Tuesday dampened by slumping global oil prices, while China's weak trade data pointed to a continuing slowdown. China's yuan touched its weakest since August 26 as the central bank set it

Published 09 Dec, 2015 12:00am

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Tuesday. 78.94-78.95 (previous 78.94-78.95). 02.00-04.50 percent (* Previous 01.50-04.50 percent). (* revised).

Published 09 Dec, 2015 12:00am

Currency

Oil fall backwash sinks sterling versus euro

Sterling sank almost 1 percent against the euro on Tuesday, caught up in the fallout of a renewed collapse in oil prices that traders judged would make it hard for the Bank of England to raise interest rates before the end of next year. Action in the opti

Published 09 Dec, 2015 12:00am

Aussie, kiwi nurse heavy losses

The Australian and New Zealand dollars were nursing heavy losses on Tuesday after a tumble in oil prices hit commodity currencies from Canada to South Africa. The Australian dollar fell to $0.7267, having shed nearly 1 percent overnight. It has skidded mo

Published 09 Dec, 2015 12:00am

Cotton

Cotton dips on merchant selling

Cotton futures fell for the first time in five sessions on Monday, retreating from Friday's more than three-month highs as a 1.2 percent gain the prior week prompted farmers to sell physical cotton to merchants, who responded by selling futures. "They're

Published 09 Dec, 2015 12:00am

Shanghai copper falls

Shanghai Futures Exchange copper fell 0.9 percent to 34,710 yuan ($5,408) a tonne as Chinese imports jumped in November, offering a salve to prices even though overall trade declined in the world's second-largest economy, underlining the fragile outlook f

Published 09 Dec, 2015 12:00am

Currency

Copper moves higher, focus on China trade data

Copper prices rose on Tuesday as the dollar slipped, but gains were capped by trade data from top consumer China, which fuelled worries about demand growth in the top consumer of the metal. Benchmark three month copper on the London Metal Exchange closed

Published 09 Dec, 2015 12:00am

Oil steadies after hitting 2009 lows; more pressure seen

Oil prices steadied on Tuesday but not before plumbing new lows seen during the 2009 financial crisis as an intensifying supply glut sparked fears the world will run out of storage for crude. Brent and US crude futures sunk beneath $40 a barrel, hitting F

Published 09 Dec, 2015 12:00am

Rubber slides

Benchmark Tokyo rubber futures retreated on Tuesday from a two-month high as investors took profits following an overnight plunge in oil prices, while weaker Shanghai futures added to the pressure. The Tokyo Commodity Exchange rubber contract for May deli

Published 09 Dec, 2015 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

Tuesday's Rotterdam vegetable oil prices at 1700 GMT.

Published 09 Dec, 2015 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

Tuesday's Rotterdam vegetable oil prices at 1700 GMT.

Published 09 Dec, 2015 12:00am

Soyabeans and corn drop from multi-week highs

US soyabean futures fell on Monday for the first time in six sessions and corn dropped after two sessions of gains on profit taking and as traders took positions ahead of a government crop report due later this week. Wheat futures edged higher on technica

Published 09 Dec, 2015 12:00am

Palm oil falls

Malaysian palm oil slid almost 2 percent on Tuesday in its steepest decline in more than three weeks as investors locked in gains after the commodity touched a two-month high the session before. Weakness in rival soyoil also weighed on palm along with cru

Published 09 Dec, 2015 12:00am

New York cocoa takes biggest dive in a year

New York cocoa futures on ICE slid on Tuesday by the most in more than a year, tumbling from the prior session's near-five-year high after a flurry of early morning sell orders triggered a circuit breaker that briefly halted trade. Arabica coffee pared sh

Published 09 Dec, 2015 12:00am

Gold falls in New York

Gold fell more than 1 percent on Monday from the prior session's three-week high, after the dollar was lifted by Friday's upbeat US jobs data that reinforced expectations that the Federal Reserve will raise interest rates next week. A short-covering rally

Published 09 Dec, 2015 12:00am

Gold holds losses in Asia

Gold struggled to recover from overnight losses on Tuesday on expectations of a Federal Reserve rate hike next week and a robust dollar. The metal was also hurt by a slide in commodity prices, particularly crude oil which was near 7-year lows as Opec cont

Published 09 Dec, 2015 12:00am

Gold gains in Europe

Gold rose on Tuesday as the dollar receded slightly and European shares fell, though expectations that the US Federal Reserve will raise interest rates next week kept gains in check. A slide in commodity prices - particularly crude oil's drop to its lowes

Published 09 Dec, 2015 12:00am

Argentine grains chamber sees tax cuts ahead for soyaoil, soyameal

Argentine President-elect Mauricio Macri's proposed tax cuts on soyabean exports will also apply to shipments of soyameal and soyaoil, the head of a leading grains trade group said in an interview. Macri, who won the November 22 presidential runoff electi

Published 09 Dec, 2015 12:00am

US MIDDAY: soyabeans sink

US soyabeans extended losses early on Tuesday to touch a one-week low on long liquidation and technical selling ahead of a monthly government supply and demand report, more than offsetting strong import demand from China. Corn ticked up, recovering slight

Published 09 Dec, 2015 12:00am

Investigation is like the 'Inquisition': Blatter

Suspended FIFA president Sepp Blatter says the Ethics Committee investigation into corruption allegations is "like a Catholic Inquisition". Blatter again denied involvement in corruption and said he should not have trusted officials at football's world bo

Published 09 Dec, 2015 12:00am

Platini vows to tell 'truth' at ban appeal

FIFA vice-president Michel Platini vowed to tell "nothing but the truth" before appearing at the Court of Arbitration for Sport (CAS) in a bid to halt a 90-day suspension by football's world body. The appeal is part of a campaign by the 60-year-old French

Published 09 Dec, 2015 12:00am

Nadal 'happy to keep going' after disastrous year

Tennis superstar Rafael Nadal said Tuesday he was "more than happy" to keep playing on after his worst season in a decade. The former world number one ended his reign as French Open king at the quarterfinal stage this year and also failed to reach the sem

Published 09 Dec, 2015 12:00am

Bach voices IOC determination to combat doping

International Olympic Committee (IOC) president Thomas Bach launched a fresh appeal on Tuesday to protect world sports from doping scandals and corrupt practices after recent damaging revelations. Russia has been thrown into the spotlight after widespread

Published 09 Dec, 2015 12:00am

Tokyo 2020 gets new logo proposals after plagiarism scandal

Tokyo 2020 Olympics organisers said Tuesday they have received more than 14,500 suggestions for a new logo after the original choice was withdrawn because of a plagiarism scandal. The organising committee in August dropped the emblem put forward by Japane

Published 09 Dec, 2015 12:00am

Bangladesh's Shahadat bailed in child maid abuse case

Bangladesh Test cricketer Shahadat Hossain was granted bail Tuesday after being detained over allegations of beating a child maid, a prosecution lawyer said. The country's court bailed Shahadat until March 31 but deputy attorney general Moniruzzaman Kabir

Published 09 Dec, 2015 12:00am

Red-hot Lukaku strikes late to deny Palace

Romelu Lukaku extended his red-hot streak as the Everton striker's late equaliser rescued a 1-1 draw against Crystal Palace on Monday. Lukaku has been in superb form over the last month and Palace were unable to subdue the Belgium international, who poked

Published 09 Dec, 2015 12:00am

ICC targets World T20 on US soil

Cricket chiefs hope to stage a Twenty20 World Cup in the United States within a decade as the game ramps up efforts to crack the huge American sports market, a report said Tuesday. The International Cricket Council's head of global development Tim Anderso

Published 09 Dec, 2015 12:00am

New IPL teams unveiled after fixing scandal

Teams from the western cities of Pune and Rajkot won an auction Tuesday to compete in cricket's Indian Premier League, replacing two franchises that were banned over a corruption scandal. The Twenty20 tournament's chairman Rajiv Shukla said that New Risin

Published 09 Dec, 2015 12:00am

Danish Atlas wins Lyallpur Squash Championship

Danish Atlas has won the 3rd Lyallpur National Men Squash Championship held here at Chenab Club after beating his opponent Farhan Mahbub by 0-3 sets. The championship started from December 2 ended today (December 8) in which 147 squash players from all ov

Published 09 Dec, 2015 12:00am

SAGA Premier League: Punjab, KPK record opening victories

Punjab and Khyber Pakhtunkhwa (KPK) registered convincing victories on the opening day matches of the SAGA Premier League (SPL) played here at the Qadhafi Stadium, Lahore on Tuesday. In the first match of the day, SAGA Punjab defeated SAGA Sindh by 15 run

Published 09 Dec, 2015 12:00am

Pakistan-India cricket series: Wasim Akram anxiously hoping for a 'yes'

Renowned Pakistani cricketer Wasim Akram Tuesday said he was anxiously hoping for a "yes" result as fans wait to hear if a planned series between arch-rivals Pakistan and India will go ahead. A recent thaw in Indo-Pak relations, with the prime ministers o

Published 09 Dec, 2015 12:00am

Six migrant children die after boat sinks off western Turkey

At least six children died and eight other people rescued on Tuesday after a boat carrying migrants bound for Greece capsized off Turkey's western coast near the city of Izmir, local media reported. Responding to a distress signal sent at midnight on Mond

Published 09 Dec, 2015 12:00am

EU, US warn against 'attempt to derail' Libya peace plan

Ambassadors to Libya from several EU countries and the United States warned Tuesday against attempts to derail a UN-brokered peace deal, insisting it is the only way forward. A statement by the ambassadors and special envoys of Britain, France, Germany, I

Published 09 Dec, 2015 12:00am

Iraq forces retake large part of Ramadi city from IS

Iraqi security forces recaptured a large part of the city of Ramadi from the Islamic State group Tuesday, officials said, scoring a significant breakthrough in their fightback against the jihadists. Baghdad's forces have been fighting for months to secure

Published 09 Dec, 2015 12:00am

Iraqi PM asks Nato to press Turkey to pull troops from north Iraq

Iraq asked Nato on Tuesday to put pressure on alliance member Turkey to withdraw its troops immediately from northern Iraq after Ankara said it would not deploy any more but refused to pull out those already there. The arrival of a heavily armed Turkish c

Published 09 Dec, 2015 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 21	278.50
USD PKR Interbank Buying / May 21	278.30
USD to Japanese Yen / May 21	156.23
USD to Swiss Franc / May 21	0.91
Pound Sterling to USD / May 21	1.27
Euro to USD / May 21	1.09

Stock	Volume
S&P 500 / May 21	5321.41
India Sensex / May 21	73953.31
Tokyo Nikkei / May 21	38671.97
Nasdaq / May 21	16832.63
Hang Seng / May 21	19674.69
FTSE 100 / May 21	8416.45
Dow Jones / May 21	39872.99
Germany DAX 30 / May 21	18726.76

Item	Value
Crude Oil USD/Barrel / May 21	79.26
Karachi Cotton PKR/37.32 KG / May 21	19935
Gold 10 Grams PKR / May 21	213048
Gold Spot USD/Ounce / May 21	2423.23
Cotton US¢/pound / May 21	77.37
Petrol/Litre / May 22	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 22 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 22 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 22 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 22 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 22 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 22 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 22 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 22 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 22 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 22 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 22 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 22 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 22 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 22 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 22 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 22 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 22 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 22 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 22 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 22 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 22 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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