News Archives for Print - 2017-05-30

Palm oil on the European vegetable oils market was offered mostly lower on Friday, tracking weakness in Malaysian palm oil because of a stronger ringgit while CBOT soyaoil also eased. A strong ringgit makes Malaysian palm oil more expensive for foreign bu

Published 30 May, 2017 12:00am

US Midwest corn, soyabeans ease

Spot basis bids for corn and soyabeans eased 1-3 cents per bushel at terminals in Iowa and Illinois along the Mississippi River on Friday, pressured by a spike in barge freight costs and lackluster export demand, grain merchants said. Freight costs gained

Published 30 May, 2017 12:00am

US Plains HRW wheat bids flat

Spot basis bids were flat for hard red winter wheat in the southern US Plains on Friday as the early phases of the harvest advanced, grain merchants said. The HRW harvest was roughly 20 percent complete in Texas and 3 percent complete in Oklahoma, accordi

Published 30 May, 2017 12:00am

China's April net gold imports fall

China's net gold imports via main conduit Hong Kong dropped 33.5 percent in April from the previous month, data showed on Thursday, as high prices turned off buyers in the world's top consumer of the precious metal. Buying interest also slowed after impor

Published 30 May, 2017 12:00am

US FOB Gulf corn offers flat on light demand

Export premiums for corn shipped from the US Gulf Coast were mostly flat with a weak tone on Friday, pressured by dull demand and plentiful supplies in the export pipeline, traders said. Corn barge basis bids have fallen by about 5 cents a bushel since mi

Published 30 May, 2017 12:00am

US natural gas futures rise on warmer weather

US natural gas futures on Friday climbed before an extended Memorial Day weekend on forecasts for warmer weather in two weeks that is expected to boost air conditioning demand. On its last day as the front month, futures for June rose 5.2 cents, or 1.6 pe

Published 30 May, 2017 12:00am

Exchange

EU wheat rises to one week high

European wheat futures rose on Friday as the euro eased away from a six-month high against the dollar and Chicago prices rallied before a three-day holiday weekend in the United States. December milling wheat on the Paris-based Euronext exchange settled u

Published 30 May, 2017 12:00am

Cotton

Cotton prices firm on lacklustre business

Prices firm amid lacklustre business on the cotton market on Monday, dealers said. The official spot rate was unchanged at Rs 6850, they said. In the ready session, no business activity reported till our going to the Press, they said.

Published 30 May, 2017 12:00am

Exchange

PMEX daily trading report

On Friday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 2,990. The total traded value of Metals, Energy and COTS/FX was recorded at PKR 5.084 billion and the number of lots traded was 13,774. Major business was contributed by gol

Published 30 May, 2017 12:00am

Russia's 2016-17 grain exports seen at record 36.5 million tonnes

Russia's grain exports are expected to reach a record 36.5 million tonnes in the 2016/17 marketing year, which ends on June 30, SovEcon agriculture consultancy said in a note on Friday. Despite Russia's grain exports already running at a record pace after

Published 30 May, 2017 12:00am

Canadian canola futures fall

ICE Canadian canola futures fell on Friday, pressured by weakness in US soybeans and easing concerns about Canadian planting weather. Alberta canola planting is 49 percent complete, and overall seeding is well behind the normal pace, the provincial govern

Published 30 May, 2017 12:00am

Activities at Karachi & Qasim Ports

The Karachi Port handled 241,189 tonnes of cargo comprising 185,287 tonnes of import cargo and 55,902 tonnes of export cargo including 8,954 loaded and empty containers during the last 48 hours ending at 0700 hours on Monday. The total import cargo of 185

Published 30 May, 2017 12:00am

CBOT wheat futures up on short-covering

Chicago Board of Trade (CBOT) wheat futures settled up 7-1/2 cents at $4.38-1/4 per bushel, or 1.9 percent, on Friday on short-covering and wet US weather as the US heads into a long holiday weekend, analysts said. July K.C. hard red winter wheat, which t

Published 30 May, 2017 12:00am

French cereal crop conditions stable ahead of hot spell

French cereal crop ratings were little changed in the week to May 22, data from farm office FranceAgriMer showed, confirming more stable crop conditions after rainfall this month eased dry conditions in the European Union's biggest grain producer. The con

Published 30 May, 2017 12:00am

Oil inches up in quiet holiday trade, focus on crude glut

Oil prices rose slightly on Monday, barely paring last week's steep losses with the market remaining cautious as increases in US drilling activity have undercut an Opec-led push to tighten supply. Trading was subdued due to public holidays in China, the U

Published 30 May, 2017 12:00am

Exchange

Tokyo rubber flat

Benchmark Tokyo rubber futures gave up early gains to end flat on Monday, pressured by weaker oil prices and sell-offs in the nearest-month contract, while trading was thin as Chinese markets were closed for a national holiday. Oil prices dipped as a rele

Published 30 May, 2017 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

The following were Monday's Rotterdam vegetable oil prices at 1600 GMT:

Published 30 May, 2017 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

The following were Monday's Rotterdam vegetable oil prices at 1600 GMT:

Published 30 May, 2017 12:00am

Germany's Nordzucker plans international expansion

Germany's second largest sugar refiner Nordzucker is in discussions about international expansion projects in Europe, South America and Asia, its CEO said on Wednesday. "We are considering everything: takeovers, shareholdings and joint ventures," CEO Hart

Published 30 May, 2017 12:00am

Exchange

Malaysian palm oil hits one-month low

Malaysian palm oil futures fell to their lowest in a month on Monday, due to lower demand as a supply crunch eased and as technical selling weighed on prices. The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange f

Published 30 May, 2017 12:00am

Gold steadies in Asia

Gold held near its highest in four weeks on Monday after rising almost 1 percent in the previous session, buoyed as geopolitical tensions boosted its safe-haven appeal. Spot gold was almost flat at $1,267.01 per ounce at 0801 GMT. On Friday, it climbed 0.

Published 30 May, 2017 12:00am

Gold holds near one month peak in Europe

Gold held near its highest in a month on Monday in holiday-thinned trade, with a softer dollar and a retreat in stock markets helping the metal cling on to the previous session's gains. Gold hit its highest since May 1 on Friday at $1,269.50 an ounce, as

Published 30 May, 2017 12:00am

BoJ's interest earnings fall for first time in five years

The Bank of Japan saw interest payments on its huge government bond holdings decline for the first time in five years in the fiscal year that ended in March, a sign that its ultra-loose monetary policy was taking a toll on its financial health.

Published 30 May, 2017 12:00am

BoJ's interest earnings fall for first time in five years

Published 30 May, 2017 12:00am

S&P sees no need for an out-of-schedule China rating review

Standard & Poor's is likely to follow its regular ratings review schedule for China, and does not see any basis at this point for an out-of-schedule committee meeting, a senior director at the ratings agency told Reuters on Monday. Moody's Investors Servi

Published 30 May, 2017 12:00am

S&P sees no need for an out-of-schedule China rating review

Published 30 May, 2017 12:00am

Kenya unveils first new railway in a century

More than a century after a colonial railway gave birth to modern Kenya, the country is betting on a new Chinese-built route to cement its position as the gateway to East Africa. The $3.2 billion (2.8 billion euro) railway linking Nairobi with the port ci

Published 30 May, 2017 12:00am

Nepal announces $12 billion budget targeting high growth

Nepal's government unveiled it's annual budget on Monday focused on allocating funds to newly elected local units and sustaining its record high growth rate. The Maoist finance minister Krishna Bahadur Mahara outlined a $12.38 billion budget, giving resou

Published 30 May, 2017 12:00am

EU drafts tougher 'Dieselgate' rules to stop cheating

The European Union moved Monday to crack down on emissions cheating after the Volkswagen "Dieselgate" scandal by giving the EU executive more powers to monitor testing and fine automakers. The European Council of 28 member states overcame the initial obje

Published 30 May, 2017 12:00am

Taiwan steel plant opens in Vietnam after fish deaths

A Taiwanese steel firm behind a toxic waste dump that killed tonnes of fish in Vietnam last year started operations on Monday, state media in Hanoi reported. The incident was one of the worst environmental disasters in Vietnam, decimating livelihoods alon

Published 30 May, 2017 12:00am

Top economists urge 'strong carbon price' in climate fight

Leading economists called Monday on the international community to price carbon at up to $100 (89 euros) a tonne by 2030, saying this was "indispensable" in the fight to slash emissions. "A strong and predictable carbon-price trajectory provides a powerfu

Published 30 May, 2017 12:00am

India needs more jobs for women to boost growth: World Bank

India must reverse a trend of falling women's participation in the job market if it is to achieve its ambition of double-digit growth, the World Bank said on Monday. India is the world's fastest growing major economy, but has one of the lowest rates of fe

Published 30 May, 2017 12:00am

India needs more jobs for women to boost growth: World Bank

Published 30 May, 2017 12:00am

Eurozone corporate lending picks up

Corproate lending in the eurozone, a key gauge for measuring the health of economic recovery, accelerated slightly in April to hit a near eight-year high, ECB data showed on Monday. Growth in loans to non-financial corporations picked up to 2.4 percent in

Published 30 May, 2017 12:00am

Gulf markets mixed, Saudi and Dubai rebound a bit after Opec disappointment

Gulf stock markets were mixed on Monday with Saudi Arabia and Dubai rebounding modestly from losses which they suffered on Sunday due to disappointment that last week's meeting of global oil producers did not take stronger action to boost prices. The Saud

Published 30 May, 2017 12:00am

Exchange

Canada's main index barely up, boosted by big banks, Bombardier

Canada's main stock index was barely higher in morning trade on Monday, helped by boosts for several big banks that reported earnings last week and by a gain for plane and train maker Bombardier Inc. The gains were offset by a string of gold mining stocks

Published 30 May, 2017 12:00am

Hong Kong stocks rise, Evergrande hits record high

Hong Kong stocks edged up on Monday, on which China markets were closed, with mainland property shares aiding the rise on anticipation of strong home demand in smaller Chinese cities. The blue chip Hang Seng index rose 0.2 percent to 25,701.63 points, the

Published 30 May, 2017 12:00am

Italy lags sluggish European stocks as election talk weighs

European shares inched lower in quiet trading on Monday with Italian stocks left behind as talk over a possible early election weighed, hitting banks. Activity was reduced as holidays in major markets such Britain and the United States kept investors away

Published 30 May, 2017 12:00am

Most Southeast Asian stocks down; Philippines hits three week high

Most Southeast Asian stock markets ended down on Monday in the absence of catalysts, with the Chinese and US markets closed for holidays. Philippine shares, however, eked out a 0.2 percent gain to close at a near three-week high. Investors remained on the

Published 30 May, 2017 12:00am

US, UK and China markets closed

The stocks, financial and commodity markets in New York were closed on Monday for the Memorial Day. And markets in London were closed due to a public holiday. The markets will resume trading on Tuesday. China and Taiwan markets were closed due to Dragon B

Published 30 May, 2017 12:00am

Italian yields soar on possibility of early election in autumn

Italian government bond yields shot up on Monday as investors fretted over the possibility of parliamentary elections being held as early as this autumn after comments from former Prime Minister Matteo Renzi. Euro zone bond yields initially inched higher

Published 30 May, 2017 12:00am

Italian yields soar on possibility of early election in autumn

Published 30 May, 2017 12:00am

Romanian stocks touch nine year high on healthy company earning

Bucharest stocks touched a new nine-year high on Monday, buoyed by healthy first-quarter company earnings, despite concerns that wage hikes and tax cuts will exacerbate Romania's budget deficit. Other central European stock indices and currencies were tre

Published 30 May, 2017 12:00am

Indian shares hit record high; Reliance Communication falls

India's benchmark BSE index edged higher to a record close for a third consecutive session as consumer goods stocks gained, but broader advances were capped by falls in companies that posted weak results such as Reliance Communications. The BSE index gain

Published 30 May, 2017 12:00am

Sri Lankan shares fall to two-week low

Sri Lankan shares fell on Monday in dull trade to close at their lowest in two weeks, as investors booked profits in heavyweights such as John Keells Holdings Plc and Commercial Bank Plc while floods and landslides that hit the island nation weighed on se

Published 30 May, 2017 12:00am

Australian, New Zealand shares down

Australian shares ended lower on Monday as weaker commodity prices took a toll on mining and energy stocks, while financials slipped on lingering worries stemming from a government levy on deposits. The S&P/ASX 200 index was down 0.8 percent, or 44.56 poi

Published 30 May, 2017 12:00am

Tokyo stocks flat after North Korea missile launch

Tokyo stocks closed flat Monday as North Korea's latest missile launch had a muted impact on markets, with all eyes on US, Japanese and Chinese economic data this week. Pyongyang's test-firing of a missile Monday into Japan's maritime economic zone was it

Published 30 May, 2017 12:00am

Ballooning Chinese dollar borrowing a dilemma for index trackers

Record-breaking dollar bond sales from Chinese companies are steadily increasing China's weight in global indexes, raising concerns about overexposure among investors who track them. Corporates' rapid move onto offshore bond markets, partly a response to

Published 30 May, 2017 12:00am

Bangladesh's interbank forex rates

Inter-bank buy/sell rates for the taka against the dollar on Monday. 80.53-80.55 (previous 80.53-80.55).

Published 30 May, 2017 12:00am

Sri Lankan rupee little changed

The Sri Lankan rupee recovered from early falls to close little changed on Monday with dollar selling by a state bank offseting early importer demand for the US currency, traders said. However, the worst floods in 14 years that have left 177 people dead w

Published 30 May, 2017 12:00am

Dollar edges up in Asia

The dollar edged higher against a basket of currencies on Monday, moving away from last week's 6-1/2-month lows and shrugging off news of North Korea's latest missile test as investor attention turned to the Federal Reserve's expected interest rate hike n

Published 30 May, 2017 12:00am

Exchange

Sterling steadies in Europe after opinion poll pummeling

Britain's pound was the main mover among major currencies on Monday, recovering some ground after weekend polls showed Prime Minister Theresa May is set to win next week's elections even if the scale of victory is in question. Sterling had its worst day s

Published 30 May, 2017 12:00am

Exchange

Banks and funds will never quite be forex friends

On US election day last November, banking executive David Puth stood in line behind Woody Allen to vote in his Manhattan neighbourhood and then got on a plane to be shouted at for the rest of the day by a group of rich fund managers. "It was hostile," he

Published 30 May, 2017 12:00am

Exchange

Uzbekistan minister calls for forex reform

Uzbekistan's foreign minister urged the Central Asian nation's parliament on Monday to step up foreign exchange system reforms in order to make the local sum currency fully convertible and bring in much-needed foreign investment. Companies eyeing the regi

Published 30 May, 2017 12:00am

Exchange

Lebanon's FX reserves fine for now, future intervention possible

Lebanon's central bank governor said foreign currency reserves were stable and did not require immediate boosting via intervention, but the bank would take measures to maintain monetary stability if necessary. Governor Riad Salameh's term of office expire

Published 30 May, 2017 12:00am

Aussie off lows, kiwi rises

The Australian dollar was sidelined in quiet trading on Monday after failing to hold above chart resistance and looked vulnerable to declining iron ore prices. Undermining the Aussie was Commodity Futures Trading Commission data showing speculators had fu

Published 30 May, 2017 12:00am

Asian currencies subdued

Asian currencies paled against a stronger US dollar on Monday, with markets little fazed by a ballistic missile test by North Korea, but trading was subdued as key financial markets were closed. The dollar index was up about 0.03 percent against a basket

Published 30 May, 2017 12:00am

Rabada sparks England slump

Kagiso Rabada sparked a dramatic England collapse as South Africa went in search of a consolation win in the third one-day international at Lord's on Monday. England slumped to 20 for six in five overs after losing the toss before recovering to 153 all ou

Published 30 May, 2017 12:00am

Victorious Besiktas retain Turkish title

Besiktas on Sunday retained the Turkish Super Lig title for the first time since the early 1990s as the Istanbul side seek to stamp a new dominance on football in the country. The Istanbul giants thrashed Gaziantepspor of the southeastern province of Gazi

Published 30 May, 2017 12:00am

Sri Lanka hope for Malinga magic at CT

Sri Lanka have turned to old warhorse Lasith Malinga to put fight into their Champions Trophy campaign and reverse their decline in the one-day game. The islanders have missed Malinga - one of the world's great fast bowlers - through injury and their perf

Published 30 May, 2017 12:00am

New Zealand's Taylor tires of runner-up tag

Ross Taylor is matter-of-fact when he reviews his career and previews New Zealand's Champions Trophy hopes: is this the year he adds a world title to his list of credentials? The elder statesman of New Zealand cricket, known for poking out his tongue on r

Published 30 May, 2017 12:00am

Yousuf defends Sharjeel's dot balls in PSL scandal

Former Pakistan captain Mohammad Yousuf on Monday told a tribunal hearing spot-fixing charges against Sharjeel Khan that the batsman did not deliberately play two dot balls during a Pakistan Super League match. The allegation relates to a match between Is

Published 30 May, 2017 12:00am

Trailblazing woman coach 'Beef Ball' Chan quits

Pioneering female coach Chan Yuen-ting has stepped down a year after making history as the first woman to lead a team to a men's top flight league title. The trailblazing Chan, nicknamed "Beef Ball" for her toughness, coached Eastern Sports Club to win Ho

Published 30 May, 2017 12:00am

Nadal, Djokovic cruise as Muguruza downs ex-champ

Rafael Nadal launched his pursuit of a record 10th French Open title in convincing fashion, while defending champion Novak Djokovic eased to victory under the gaze of new coach Andre Agassi. Reigning women's champion Garbine Muguruza began her Roland Garr

Published 30 May, 2017 12:00am

Ter Stegen extends Barca deal to 2022

German international goalkeeper Marc-Andre ter Stegen tied his future to Barcelona by extending his contract with the Catalan giants to 2022 on Monday. "FC Barcelona have reached an agreement with Marc-Andre ter Stegen to extend and improve his contract u

Published 30 May, 2017 12:00am

Khan wants Brook bout after Spence Jr takes title

Britain's former light-welterweight world boxing champion Amir Khan wants to end years of failed negotiations and finally take on compatriot Kell Brook he told Sky Sports. The 2004 Olympic lightweight silver medalist announced this in the wake of Brook lo

Published 30 May, 2017 12:00am

MI5 launches internal probe as Manchester marks week since attack

Britain's MI5 intelligence service has launched an internal probe into whether vital clues were missed ahead of the Manchester attack, as the city marked on Monday a week since the carnage that claimed 22 lives. Manchester City Council called a vigil in t

Published 30 May, 2017 12:00am

BA flights disrupted for third day after IT crash

Passengers faced a third day of disruption at Heathrow on Monday as British Airways cancelled short-haul flights after a global computer crash that unions blamed on the outsourcing of IT services to India. The embattled airline said it was cancelling 17 s

Published 30 May, 2017 12:00am

Exchange

Macron hosts Putin in latest diplomatic test

France's President Emmanuel Macron and Russian counterpart Vladimir Putin on Monday held their first meeting since the French leader came to office, with differences on Ukraine and Syria in full view. Macron welcomed Putin to the splendour of the Versaill

Published 30 May, 2017 12:00am

Violent storm kills 13 in Moscow area

A violent storm swept through Moscow area Monday, leaving 13 people dead and dozens injured as freak winds toppled hundreds of trees, officials said. "Due to storm winds hitting Moscow, 50 people have asked for medical attention up to now," a spokesperson

Published 30 May, 2017 12:00am

EU imposes sanctions on nine in DR Congo

The European Union imposed sanctions Monday on nine more officials in the Democratic Republic of Congo amid unrest after President Joseph Kabila's refusal to step aside, a statement said. The people targeted by asset freezes and travel bans "hold position

Published 30 May, 2017 12:00am

Zuma survives renewed calls to resign

South African President Jacob Zuma survived fresh calls within the ruling ANC party for him to resign, party officials said Monday, as they acknowledged support was "drifting away" from the movement. Senior figures in the African National Congress met ove

Published 30 May, 2017 12:00am

Greece, Germany agree to slow refugee family reunification

Greece and Germany have agreed to slow the reunification of refugee families divided between the two nations during their scramble to safety, according to a leaked letter published Monday. "Family reunification transfer to Germany will slow down as agreed

Published 30 May, 2017 12:00am

Rajoy gets majority support for 2017 budget

Spain's prime minister, at the head of a minority government, puts his 2017 budget to a parliamentary vote this week safe in the knowledge that he finally has the support of a majority of lawmakers. This gives Mariano Rajoy considerable breathing space un

Published 30 May, 2017 12:00am

Nepal delays key local polls amid political turbulence

Nepal on Monday postponed local elections for a second time after failing to appease ethnic minority groups who threatened to boycott the polls. The elections were seen as a key step in a drawn-out peace process after a decade-long civil war which ended i

Published 30 May, 2017 12:00am

North Korea fires missile in latest provocation

North Korea Monday test-fired a ballistic missile for the third time in less than three weeks, earning a rebuke from US President Donald Trump who said it showed "disrespect" for neighbouring China. The launch of the short-range projectile, which fell pro

Published 30 May, 2017 12:00am

PSO announces special prices for Ramazan

In the spirit of Ramazan, Pakistan State Oil Company (PSO) has announced special prices for its customers all over the country on Altron Premium and Altron X High Performance. This is yet another milestone in PSO's transformation into a more customer focu

Published 30 May, 2017 12:00am

India committing crimes against humanity: AJK President

Sardar Masood Khan, President of Azad Jammu and Kashmir on Monday strongly condemned killing of 13 Kashmiris, including Sabzar Ahmed Bhat, by Indian occupation forces. "The martyrs were demanding freedom and right to self-determination. It is not crime by

Published 30 May, 2017 12:00am

ECP adjourns hearing of contempt proceedings against Imran

The Election Commission of Pakistan (ECP) has adjourned hearing of contempt proceedings against Chairman Pakistan Tehreek-e-Insaf Imran Khan till May 31. Imran Khan on Monday submitted a reply to the Election Commission of Pakistan (ECP) in which he argue

Published 30 May, 2017 12:00am

Embassy of Nepal celebrates Mount Everest Day 2017

A local hotel celebrated Mount Everest Day 2017 in collaboration with the Embassy of Nepal. The event was held with more than two hundred dignitaries. Nepal has been celebrating Mount Everest Day since 2008. Ambassador of Nepal, Sewa Lamsal Adhikari, Mini

Published 30 May, 2017 12:00am

Chinese team to discuss setting up of oil refinery in Khyber Pakhtunkhwa

A Chinese delegation visited to Peshawar to discuss setting up of Oil refinery in Khyber Pakhtunkhwa province. Khyber Pakhtunkhwa Oil and Gas Company Limited (KPOGCL) and Jereh Group have joined hands for establishment of 15,000 Bpd Refinery in KP Provinc

Published 30 May, 2017 12:00am

Exchange

Khyber Tobacco Company Limited

Established in 1954, Khyber Tobacco Company Limited is engaged in the manufacture and sale of cigarettes and re-drying of tobacco. The firm is among a handful of Pakistani tobacco firms operating in the formal space. The firm's registered office and its p

Published 30 May, 2017 12:00am

Exchange

Khyber Tobacco Company Limited

Published 30 May, 2017 12:00am

Shehbaz for provision of essential items on fixed rates

Punjab Chief Minister Shehbaz Sharif has said that provision of essential items, fruits and vegetables to the people on fixed prices will be ensured at every cost during the holy month of Ramazan. He further said that effective steps would ensure stabilit

Published 30 May, 2017 12:00am

PPA appreciates government policy

Pakistan Poultry Association (PPA) appreciating the support shown by the government to the poultry farming sector for the purpose of modernisation in the budget 2017-18. The Association's request for reducing the import duty on grandparent stocks and pare

Published 30 May, 2017 12:00am

LCCI's appeal to traders to ensure discounted prices

The Lahore Chamber of Commerce and Industry (LCCI) has appealed to the traders, wholesalers and retailers to ensure discounted prices of daily use items and eatables for the masses during the Ramazan.

Published 30 May, 2017 12:00am

AkzoNobel, MasterPeace to colour 100 'walls of connection'

People living in more than 40 countries around the world are to benefit from a partnership between AkzoNobel and global peace movement MasterPeace, which will involve painting 100 walls. Launched in Karachi, the Let's Colour Walls of Connection initiative

Published 30 May, 2017 12:00am

Tevta to double interest- free loans for students

Chairperson Technical Education and Vocational Training Authority (TEVTA) Irfan Qaiser Sheikh has said that TEVTA will increase the interest-free loan for its pass out students from Rs 500 million to Rs 1000 million. While addressing a meeting of TEVTA of

Published 30 May, 2017 12:00am

Punjab Assembly condemns Indian atrocities on Kashmiris

The Punjab Assembly on Monday unanimously adopted a resolution slamming Indian atrocities on innocent Kashmiris and paying tributes the martyred youth. The resolution was moved by Opposition leader Mian Mahmood-ur-Rasheed. The House urged the federal gove

Published 30 May, 2017 12:00am

Low-voltage power supplies panic consumers

Low voltage supplies have panicked the consumers by and large in the Lahore Electric Supply Company (LESCO) region, as durability of electric appliances stood at risk with every dip in supply for over the last one week. Talking to Business Recorder, the c

Published 30 May, 2017 12:00am

Hafiz Saeed's case adjourns again

A division bench of the Lahore High Court on Monday adjourned a petition of Jamatud Dawa Chief Hafiz Saeed for submission of report of review board for extension of detention of Hafiz Saeed, his aides Professor Malik Zafar Iqbal, Abdur Rehman Abid, Qazi K

Published 30 May, 2017 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 10	278.14
USD PKR Interbank Buying / May 10	277.97
USD to Japanese Yen / May 10	155.70
USD to Swiss Franc / May 10	0.91
Pound Sterling to USD / May 10	1.25
Euro to USD / May 10	1.08

Stock	Volume
S&P 500 / May 9	5214.08
Nasdaq / May 9	16346.27
Dow Jones / May 9	39387.76
India Sensex / May 10	72468.66
Tokyo Nikkei / May 10	38229.11
Hang Seng / May 10	18970.69
FTSE 100 / May 10	8438.19
Germany DAX 30 / May 10	18827.29

Item	Value
Crude Oil USD/Barrel / May 10	79.87
Karachi Cotton PKR/37.32 KG / May 10	19935
Gold 10 Grams PKR / May 10	209019
Gold Spot USD/Ounce / May 10	2369.35
Cotton US¢/pound / May 10	78.18
Petrol/Litre / May 11	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 11 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 11 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 11 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 11 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 11 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 11 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 11 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 11 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 11 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 11 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 11 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 11 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 11 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 11 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 11 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 11 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 11 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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