JLI Capital Growth Takaful Fund Rates on Thursday (January 28, 2016).

The Supreme Court on Thursday granted one month's time to federal and provincial governments to implement its order on making Urdu as official language in the country. Resuming the hearing of identical petition filed under Article 184 for making Urdu as o

JLI Capital Growth Takaful Fund Rates on Thursday (January 28, 2016).

JLI Managed Takaful Fund Rates on Thursday (January 28, 2016).

JLI Managed Takaful Fund Rates on Thursday (January 28, 2016).

JLI Managed Takaful Fund Rates on Thursday (January 28, 2016).

JLI Yaqeen Growth Fund Rates on Thursday (January 28, 2016).

JLI Yaqeen Growth Fund Rates on Thursday (January 28, 2016).

JLI Yaqeen Growth Fund Rates on Thursday (January 28, 2016).

JLI Meeseq Fund Rates on Thursday (January 28, 2016).

JLI Meeseq Fund Rates on Thursday (January 28, 2016).

JLI Meeseq Fund Rates on Thursday (January 28, 2016).

Jubilee Life Insurance Capital Growth Fund Rates on Thursday (January 28, 2016).

Jubilee Life Insurance Capital Growth Fund Rates on Thursday (January 28, 2016).

Jubilee Life Insurance Capital Growth Fund Rates on Thursday (January 28, 2016).

Jubilee Life Insurance Managed Growth Fund Rates on Thursday (January 28, 2016).

Jubilee Life Insurance Managed Growth Fund Rates on Thursday (January 28, 2016).

Jubilee Life Insurance Managed Growth Fund Rates on Thursday (January 28, 2016).

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

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Thursday (January 28, 2016).

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (January 28, 2016).

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (January 28, 2016).

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Thursday (January 28, 2016).

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Thursday (January 28, 2016).

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Thursday (January 28, 2016).

Interest rates on old and incremental FCY deposits on Thursday (January 28, 2016).

London Interbank Offer Rates on for calculating interest on special US dollar on Thursday (January 28, 2016).

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Thursday (January 28, 2016).

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Thursday (January 28, 2016).

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Thursday (January 28, 2016).

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 following were the fluctuations observed during the day:

The following were the fluctuations observed during the day:

All timings are in PST (Pakistan Standard Time).

On Wednesday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 6,697 million. The number of lots traded was 35.41 million. PMEX Commodity Index closed at 2,563. Major business was contributed by gold amounting to PKR 5,285 million followed by

Indian rapeseed futures fell to their lowest level in nearly nine months on Wednesday on expectations of a bumper crop, while soyabeans ended lower for a second straight session on weak demand. The key April rapeseed contract on the National Commodity & D

The Karachi Port handled 113,701 tonnes of cargo comprising 88,320 tonnes of import cargo and 25,381 tonnes of export cargo including 5,314 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday. The total import cargo of 88

European wheat futures rose to their highest in almost two weeks on Tuesday as short-covering gains in Chicago, a rally in oil and equities, and signs of improving French export prospects encouraged a rebound from recent contract lows. Front month March E

The March vaida showed no change on the forward cottonseeds oilcake market on Thursday in the process of trading, dealers said. The March vaida closed at Rs 2051.00 and it commenced with no variation in the early hours, they said.

Rates held firmness on short supply of quality lint on the cotton market on Thursday amid hectic trading activity, dealers said. The official spot rate was unchanged at Rs 5,450, dealers said. In Sindh, prices of seed cotton were at Rs 2000 and Rs 3000 an

The ready cotton market is witnessing a steady and stable condition due to regular mills buying in recent weeks. Due to a massive fall in the domestic cotton output during the current season in Pakistan (August 2015 / July 2016) of more than 5 million bal

The ready cotton market is witnessing a steady and stable condition due to regular mills buying in recent weeks. Due to a massive fall in the domestic cotton output during the current season in Pakistan (August 2015 / July 2016) of more than 5 million bal

Spot basis bids for hard red winter wheat were mostly flat in the southern US Plains on Tuesday, grain merchandisers said. A dealer at an elevator in Goodland, Kansas, said farmers sold very little grain for cash-flow needs. Dealers said farmers are hopin

Most of the commodities tended lower on the wholesale grain market on Thursday in the process of trading, dealers said. On the cereals side, Masoor Dall Canada low type was inert at Rs 9600 while the best quality was higher by Rs 100 to Rs 9800, Masoor Da

Spanish bank Santander said Wednesday its net profit edged up three percent last year to 5.97 billion euros ($6.5 billion), held back by an exceptional provision linked to a British insurance scandal. The eurozone's biggest bank by market value joined its

Spanish bank Santander said Wednesday its net profit edged up three percent last year to 5.97 billion euros ($6.5 billion), held back by an exceptional provision linked to a British insurance scandal. The eurozone's biggest bank by market value joined its

AT&T Inc, the No 2 US wireless carrier, said fourth-quarter revenue grew less than expected as it added fewer mainstream wireless customers than a year ago due to stiffer competition from rivals. The company's stock fell about 2 percent. AT&T had 526,000

AT&T Inc, the No 2 US wireless carrier, said fourth-quarter revenue grew less than expected as it added fewer mainstream wireless customers than a year ago due to stiffer competition from rivals. The company's stock fell about 2 percent. AT&T had 526,000

Credit ratings agency Fitch Ratings on Tuesday revised downward its outlook on New Zealand's government bonds to stable from positive, citing weakness in its cornerstone dairy industry, a further sign that the country's status as a "rock-star economy" was

Credit ratings agency Fitch Ratings on Tuesday revised downward its outlook on New Zealand's government bonds to stable from positive, citing weakness in its cornerstone dairy industry, a further sign that the country's status as a "rock-star economy" was

Net profits jumped 73 percent at Novartis last year to $17.7 billion (16.1 billion euros) thanks to asset sales, the Swiss pharmaceutical giant said Wednesday, but without the disposals its performance flagged. Excluding asset sales net profits at the wor

Net profits jumped 73 percent at Novartis last year to $17.7 billion (16.1 billion euros) thanks to asset sales, the Swiss pharmaceutical giant said Wednesday, but without the disposals its performance flagged. Excluding asset sales net profits at the wor

Italian-American carmaker Fiat Chrysler Automobiles (FCA) said Wednesday it suffered a 40 percent drop in earnings last year due to a poor performance in Brazil, Argentina and China. The giant said it made a net profit of 377 million euros ($410 million)

Italian-American carmaker Fiat Chrysler Automobiles (FCA) said Wednesday it suffered a 40 percent drop in earnings last year due to a poor performance in Brazil, Argentina and China. The giant said it made a net profit of 377 million euros ($410 million)

BASF, the world's biggest chemicals maker, said Wednesday that its full-year profits came out lower than expected last year due to falling oil prices. BASF said in a statement that underlying or operating profit tumbled by 18 percent to 6.2 billion euros

BASF, the world's biggest chemicals maker, said Wednesday that its full-year profits came out lower than expected last year due to falling oil prices. BASF said in a statement that underlying or operating profit tumbled by 18 percent to 6.2 billion euros

Senegal on Thursday hailed the discovery of offshore gas reserves estimated at 450 billion cubic metres as a game changer for the west African nation. US firm Kosmos said its Guembeul-1 exploration well, located in the northern part of the Saint Louis Off

Thousands of farmers on Thursday protested in northern Greece against a controversial pension reform that is part of the country's tough economic bailout, police said, with some demonstrators carrying a coffin bearing the picture of Prime Minister Alexis

Slowing global demand for smartphones and memory chips dealt a blow to Samsung Electronics as it reported Thursday a 40 percent on-year drop in fourth-quarter net profit. The world's top handset maker continued to be squeezed at both ends of the lucrative

Slowing global demand for smartphones and memory chips dealt a blow to Samsung Electronics as it reported Thursday a 40 percent on-year drop in fourth-quarter net profit. The world's top handset maker continued to be squeezed at both ends of the lucrative

Consumer price inflation in Germany, Europe's biggest economy, picked up modestly in January, but not enough to stay the European Central Bank's hand from taking further stimulus action, analysts said Thursday. Germany's national inflation yardstick, the

The number of people out of work in Spain fell by a record amount in 2015, data showed on Thursday, but with unemployment at over 20 percent, the scars of a deep downturn that led to one of the biggest electoral upsets in decades are still evident.

Facebook quarterly profit more than doubled as its ranks swelled during the past year to a mammoth user base of nearly 1.6 billion, it said Wednesday. "Our community continued to grow and our business is thriving," said Facebook co-founder and chief execu

Facebook quarterly profit more than doubled as its ranks swelled during the past year to a mammoth user base of nearly 1.6 billion, it said Wednesday. "Our community continued to grow and our business is thriving," said Facebook co-founder and chief execu

New orders for long-lasting US manufactured goods in December recorded their biggest drop in 16 months as lower oil prices and a strong dollar pressured factories, the latest indication that economic growth braked sharply at the end of 2015. Despite the s

Chinese e-commerce giant Alibaba saw its revenue jump 32 percent year-on-year for the quarter ending in December, it said in a statement Thursday, despite slowing growth in the world's second-largest economy. Alibaba, which dominates the consumer-to-consu

Chinese e-commerce giant Alibaba saw its revenue jump 32 percent year-on-year for the quarter ending in December, it said in a statement Thursday, despite slowing growth in the world's second-largest economy. Alibaba, which dominates the consumer-to-consu

Opec member Kuwait projected a record budget deficit for the fiscal year starting April 1 on the sliding price of oil, the finance ministry said on Thursday. The shortfall for the 2016-17 fiscal year is estimated at 11.5 billion dinars ($38 billion) or a

The Netherlands started test-driving its first driverless minibuses on Thursday hoping to introduce a full-time autonomous passenger service in a central Dutch province by summer. Dutch Infrastructure Minister Melanie Schultz van Haegen took the first rid

China's central bank said on Thursday it was funnelling 340 billion yuan ($52 billion) into the financial system, the second injection in three days to meet surging demand for funds ahead of the Lunar New Year holiday. On Tuesday, the People's Bank of Chi

Stocks rose in the Middle East on Thursday after Brent oil climbed above $33 a barrel, and higher trading volumes suggested some investors were returning to the markets. Valuations have plunged in recent weeks, but many traders and fund managers believe t

China's volatile shares tumbled again on Thursday, taking losses this month to about 25 percent or 13 trillion yuan ($2 trillion), while state media insisted that the market ructions did not reflect the real economy. The benchmark Shanghai Composite Index

Wall Street was higher after swinging between gains and losses on Thursday as a fall in healthcare stocks capped gains in technology and energy shares. The S&P health sector was the biggest loser, while the Nasdaq biotech index was on track for its bigges

Wall Street dropped sharply on Wednesday after the US Federal Reserve frustrated stock investors hoping for a strong sign it might scale back future interest rate hikes because of recent financial and economic turmoil. In a widely expected decision, the F

Hong Kong shares were firm on Thursday despite renewed panic selling on the mainland. The Hang Seng index rose 0.8 percent, to 19,195.83, while the China Enterprises Index gained 0.9 percent, to 8,028.58 points. Among the most actively traded stocks on Ho

US Treasury yields fell on Wednesday after the Federal Reserve struck a dovish tone in acknowledging recent market volatility, but maintained an otherwise upbeat view of the US economy. "The committee is closely monitoring global economic and financial de

US Treasury yields fell on Wednesday after the Federal Reserve struck a dovish tone in acknowledging recent market volatility, but maintained an otherwise upbeat view of the US economy. "The committee is closely monitoring global economic and financial de

Australian shares bucked a poor performance by Wall Street to edge 0.6 percent higher on Thursday, aided by a hunt for dividend yield and more merger action. The S&P/ASX 200 index rose to 4976.20 at the close of trade. The benchmark gained 0.6 percent on

Indian shares ended slightly lower on Thursday after short-covering tied to the expiry of derivatives lifted some shares, while broader gains were capped after the US Federal Reserve kept open the prospect of more rate hikes this year. The broader NSE ind

European shares fell on Thursday as disappointing earnings from Roche weighed on the healthcare sector and euro zone banks also came under pressure. The pan-European FTSEurofirst 300 index was 1.7 percent lower at 1,318.22 points, while the euro zone's bl

Most Southeast Asian stock markets ended slightly higher on Thursday as gains in oil prices helped boost investor sentiment, but the US Federal Reserve's nod to jittery markets kept a lid on further gains. The Philippine stock index rose 0.9 percent to a

Tokyo stocks finished lower in see-saw trading Thursday as smartphone suppliers were hammered by gloomy news from Samsung and Apple, while the Bank of Japan kicked off its first policy meeting of 2016. Shares in Japanese handset suppliers plunged as Samsu

Britain's top stock index retreated after hitting a three-week high earlier in Thursday's session, weighed down by Ashtead and travel stocks hit by rising oil prices. Equipment rentals company Ashtead was the top faller on the bluechip FTSE 100 index, dow

The US dollar turned mixed on Thursday after the Federal Reserve offered little in the way of surprises, in contrast to New Zealand's central bank which flung open the doors to a cut in rates and clipped the kiwi in the process. The dollar index stood at

Commodity-linked major currencies including the Australian and New Zealand dollars gained on Thursday as oil rose back above $33 a barrel to its highest levels in almost three weeks. A mixed performance for other majors after Wednesday's Federal Reserve s

The dollar hit a one-week low against the euro on Thursday as a plunge in US durable goods orders supported the view of a US economic slowdown on softer global demand. The much weaker-than-expected reading in durable goods orders, which plunged 5.1 percen

The dollar fell against a basket of major currencies on Wednesday following the Federal Reserve's decision to keep its overnight interest rate unchanged and the release of a statement suggesting it was re-evaluating the pace of future hikes. The statement

Interbank buy/sell rates for the taka against the dollar on Thursday. 78.50-78.52 (previous 78.50-78.50). 02.55-04.50 percent (* Previous 02.00-04.50 percent). (* revised).

The Sri Lankan rupee ended steady on Thursday amid importer dollar demand and some foreign outflow from t-bonds, but banks were reluctant to trade below the 144.00 level desired by the central bank, dealers said. "There was demand for dollars. We have als

Most emerging Asian currencies slid on Thursday after the US Federal Reserve suggested there were risks from a slowing global economy but left the door open to an interest rate hike in March. Malaysia's ringgit, however, hit its strongest in nearly eight

China's yuan stayed flat against the dollar on Thursday after the central bank set the midpoint rate slightly firmer for the fifth consecutive day and dollar demand was tepid. Traders said there was no strong demand for dollars even as the dollar firmed.

Sterling surged by more than 1 percent to a two-week high against the dollar on Thursday, after data showed Britain's economy growing in line with expectations, and as investors' appetite for risk made a modest recovery. A Reuters report that the European

The New Zealand dollar dropped one US cent on Thursday after the country's central bank signalled more interest rate cuts due to stubbornly low inflation at home and worries about global economic growth. The New Zealand dollar skidded to $0.6437 from $0.6

Manchester City reached the League Cup final after recovering from a shaky start as Sergio Aguero's brilliant header sealed a 3-1 win over Everton in the semi-final second leg on Wednesday to clinch a 4-3 aggregate victory. Ross Barkley's bullish run and

Sri Lanka announced Thursday skipper Lasith Malinga and four other senior players have been dropped from the Twenty20 squad to play India next month in a warm-up series for the World Twenty20. T20 captain Malinga, Test and one-day international skipper An

Holders Barcelona produced a second-half blitz to come from behind and beat Athletic Bilbao 3-1 to book a place in the King's Cup semi-finals after Atletico Madrid crashed out in a shock 3-2 defeat by Celta Vigo. Inaki Williams put Bilbao ahead after 12 m

Novak Djokovic said his sublime first two sets against Roger Federer were the best he's ever played against the Swiss as he reached his sixth Australian Open final in convincing fashion on Thursday. The world number one, now into his fifth straight Grand

World number one Serena Williams demolished Polish fourth seed Agnieszka Radwanska Thursday to surge into her 26th Grand Slam final and zero in on a seventh Australian Open title. The dominant top seed was untouchable in overpowering the Pole 6-0, 6-4 in

Syed Nofil Kaleem and Noor Malik have emerged as new junior champions in the second Alam Al-Kahyal Tennis Ranking Championship 2016 at the Bagh-i-Jinnah Tennis Courts in Lahore. The thrilling finals took place in a chilly weather followed by an all-childr