News Archives for Print - 2017-06-09

Stipend for LUMHS postgraduates

Vice Chancellor LUMHS Professor Noshad A Shaikh distributed stipend among 195 postgraduate students enrolled in the University, in a ceremony held, here on Thursday. The Vice Chancellor said that the University has arranged the amount from its own resourc

Published 09 Jun, 2017 12:00am

Bangladesh envoy meets Asif

Tarik Ahsan, High Commissioner of Bangladesh, met Federal Minister for Water and Power, Khawaja Muhammad Asif on Thursday. Matters relating to mutual interest between the two countries came under discussion during the meeting. Khawaja Muhammad Asif stated

Published 09 Jun, 2017 12:00am

'Around 600 Nadra employees dismissed on fraud charges': Parliamentary panel informed

A parliamentary panel was informed on Thursday that around 600 employees of NADRA were dismissed from services on the charges of committing fraud and irregularities. "The NADRA had blocked around 365,000 CNICs of which 155,000 have been reopened on tempor

Published 09 Jun, 2017 12:00am

Punjab government allocates Rs one trillion for current expenditure

The Punjab government has allocated Rs 1,020.8 billion for current expenditure in Rs 1,970.7 billion budget of 2017-18, showing an increase of approximately 13 percent against the revised budget estimates of Rs 899,571.309 million for FY 2016-17. Broadly,

Published 09 Jun, 2017 12:00am

Punjab government allocates Rs one trillion for current expenditure

The Punjab government has allocated Rs 1,020.8 billion for current expenditure in Rs 1,970.7 billion budget of 2017-18, showing an increase of approximately 13 percent against the revised budget estimates of Rs 899,571.309 million for FY 2016-17. Broadly,

Published 09 Jun, 2017 12:00am

Brazilian envoy, Punjab chief minister discuss bilateral ties

Ambassador of Brazil to Pakistan, Claudio Raja Gabaglia Lins called on Chief Minister Muhammad Shehbaz Sharif, here Thursday and discussed matters of mutual interest, bilateral ties and promotion of cooperation in various sectors. Speaking on the occasion

Published 09 Jun, 2017 12:00am

Cotton

Increased inflows diminish chances of water shortage

The increased water inflows in the four live rivers, Indus, Kabul. Jhelum and Chenab by over 1,00,000 cusecs during past two weeks have diminished the projected 12 percent irrigation water shortage from 1st April to 10th June this year for sowing of strat

Published 09 Jun, 2017 12:00am

SBI seeks land for NED in Education City

The Sindh Board of Investment will seek allocation of land in the planned Karachi Education City for establishment of a campus there of the NED University of Engineering and Technology, the SBI's chairperson announced on Wednesday. The chairperson, Naheed

Published 09 Jun, 2017 12:00am

PS-114 Karachi: ECP issues schedule of by-election

Election Commission of Pakistan on Thursday issued schedule of by-election in Karachi's PS-114 constituency. As per the schedule, polling for by-election will be held on July 9, 2017. The seat has fallen vacant following election of PML-N MPA Irfanullah M

Published 09 Jun, 2017 12:00am

Cotton

Cotton snaps three session fall on index rolls

ICE cotton futures snapped a three-session losing streak on Wednesday as index funds rolled over long positions from the front month, offsetting a firmer dollar. The Goldman roll, one of the biggest index rollovers, put pressure on front month July cotton

Published 09 Jun, 2017 12:00am

Exchange

Shanghai copper climbs

Shanghai Futures Exchange copper climbed by 0.5 percent to 45,260 yuan ($6,662) a tonne on Thursday after China trade improved in May which alleviated concerns over the health of the world's second-biggest economy. China reported stronger-than-anticipated

Published 09 Jun, 2017 12:00am

Exchange

Copper posts biggest one day rise in two months

Copper posted its biggest one-day rise since early April on Thursday as better than expected Chinese economic data allayed some concerns about oversupply, prompting a bigger bounce off this week's near three-week low. China reported stronger than expected

Published 09 Jun, 2017 12:00am

Oil up slightly as US production slowdown dampens supply concerns

Oil prices rebounded slightly on Thursday from Wednesday's deep sell-off, in part because of a slowdown in US production, after an unexpected surge in US inventories and the return of more Nigerian crude caused the market to fall to one-month lows. US cru

Published 09 Jun, 2017 12:00am

Exchange

Rubber falls

Benchmark Tokyo rubber futures declined for an eighth straight session on Thursday, and hovered near a seven-month low hit the previous day. The Tokyo Commodity Exchange (TOCOM) rubber contract for November delivery finished down 3.9 yen at 181.6 yen ($1.

Published 09 Jun, 2017 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

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

Published 09 Jun, 2017 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

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

Published 09 Jun, 2017 12:00am

Exchange

Malaysian palm oil sags

Malaysian palm oil futures fell on Thursday in a second straight session of losses as forecasts of rising output and declining export demand weighed on the market, said traders. The benchmark palm oil contract for August delivery on the Bursa Malaysia Der

Published 09 Jun, 2017 12:00am

Cocoa prices climb

Cocoa futures rose sharply on Thursday, boosted partly by fund short-covering, while raw sugar was little changed and coffee prices weakened slightly. July New York cocoa was up $65, or 3.31 percent, at $2,028 a tonne at 1307 GMT after touching $2,053. "T

Published 09 Jun, 2017 12:00am

Gold slips in NY

Gold prices fell from near seven-month highs on a stronger dollar and after a written testimony by a former FBI director to the US Senate was seen as containing few surprises, but declines were limited as uncertainty from the UK election remained. Former

Published 09 Jun, 2017 12:00am

Gold steadies in Asia

Gold held steady on Thursday as investors awaited cues on market direction amid a number of geopolitical events later in the day that could boost the safe-haven demand for the metal. Polling has started in the UK national elections, while the European Cen

Published 09 Jun, 2017 12:00am

Gold falls in Europe

Gold slipped on Thursday after the euro lost ground against the dollar and as investors awaited the outcome of Britain's national election and testimony from former US FBI director James Comey. The euro declined after the European Central Bank cut its for

Published 09 Jun, 2017 12:00am

Iraq may consider hedging crude production

Iraq may look at hedging part of its crude oil production, the head of the Opec member's oil marketer SOMO said, as a way to protect government revenue against the risk of oil price volatility. "It is in our strategy in the future that maybe we will consi

Published 09 Jun, 2017 12:00am

US MIDDAY: corn keeps climbing

US spot corn futures hit their highest level in nearly a year on Thursday and Minneapolis spring wheat neared a two-year top on worries about hot and dry weather stressing crops in the northern Plains and Midwest, analysts said. Soyabean futures followed

Published 09 Jun, 2017 12:00am

'Unnecessary controversies'

This is apropos a Business Recorder op-ed "Unnecessary controversies" carried by the newspaper yesterday. The writer, Saida Fazal, has made a valid point by pointing out "the picture in question shows the PM's son seated in a comfortable chair. Sit

Published 09 Jun, 2017 12:00am

Rising Kashagan output weighs on Kazakhstan's CPC oil price

One of the world's fastest growing crude streams, Kazakhstan's CPC, is battling to find new buyers in a market saturated with light grades and with core European customers reluctant to buy more of the pungent oil blend even as its value has plunged. It is

Published 09 Jun, 2017 12:00am

Our very own mafiosi?

Analysing material from the "Arms-to-Iraq affair" archive and studying key American political events including Watergate, Iran-Contra and Bill Clinton's impeachment, Dr Professor Glen Newey, a Reader in politics at Strathclyde University, Glasgow conclude

Published 09 Jun, 2017 12:00am

Punjab Budget 2017-18: Growth sans justice

Budget for FY 2017-18 is in line with the growth strategy for a prosperous Punjab. Projects supported by the budget and included in Annual Development Plan seek to attract private investments to maximize employment opportunities for the people of Punjab.

Published 09 Jun, 2017 12:00am

Attacks on Iran's national symbols

Iran was an exception for quite some time, but no more. This past Wednesday, the Islamic State attacked Iran's parliament building and the mausoleum of Ayatollah Khomeini - the two places personifying in quintessence Iran's political sovereignty and ideol

Published 09 Jun, 2017 12:00am

KPK Budgets

Khyber Pakhtunkhwa (KPK) budget presented by Finance Minister Muzaffar Said tacitly acknowledged the political efficacy of developing a mass transit system in major cities and allocated a whopping 82 billion rupees for bus rapid transit (BRT) for Peshawar

Published 09 Jun, 2017 12:00am

Exchange

Forex reserves down $1.25 billion on debt payment

The country''s total liquid foreign exchange reserves declined over $1 billion in a week due to external debt payment. According to State bank of Pakistan''s weekly foreign exchange reserves report issued Thursday, the country''s total liquid foreign exch

Published 09 Jun, 2017 12:00am

Exchange

Forex reserves down $1.25 billion on debt payment

The country's total liquid foreign exchange reserves declined over $1 billion in a week due to external debt payment. According to State bank of Pakistan's weekly foreign exchange reserves report issued Thursday, the country's total liquid foreign exchang

Published 09 Jun, 2017 12:00am

Exchange

Forex reserves down $1.25 billion on debt payment

The country's total liquid foreign exchange reserves declined over $1 billion in a week due to external debt payment. According to State bank of Pakistan's weekly foreign exchange reserves report issued Thursday, the country's total liquid foreign exchang

Published 09 Jun, 2017 12:00am

Exchange

India worried about how to handle student anger

Another student death in clashes in Indian-held Kashmir has heightened tensions and worsened India's worries about a foe that it cannot control - youths who do not carry guns. The teenager was fatally shot in the chest during an exchange of fire between t

Published 09 Jun, 2017 12:00am

Exchange

India worried about how to handle student anger

Another student death in clashes in Indian-held Kashmir has heightened tensions and worsened India's worries about a foe that it cannot control - youths who do not carry guns. The teenager was fatally shot in the chest during an exchange of fire between t

Published 09 Jun, 2017 12:00am

Massive electricity load-shedding: Nepra holds KE, Hesco responsible

The fact-finding team of National Electric Power Regulatory Authority (Nepra) has reportedly held KE and Hesco responsible for massive electricity load-shedding. According to sources, KE has not performed as per the contract with respect to investment to

Published 09 Jun, 2017 12:00am

Massive electricity load-shedding: Nepra holds KE, Hesco responsible

The fact-finding team of National Electric Power Regulatory Authority (Nepra) has reportedly held KE and Hesco responsible for massive electricity load-shedding. According to sources, KE has not performed as per the contract with respect to investment to

Published 09 Jun, 2017 12:00am

Massive electricity load-shedding: Nepra holds KE, Hesco responsible

The fact-finding team of National Electric Power Regulatory Authority (Nepra) has reportedly held KE and Hesco responsible for massive electricity load-shedding. According to sources, KE has not performed as per the contract with respect to investment to

Published 09 Jun, 2017 12:00am

Reports on appointment of SBP governor rejected

The spokesman for Finance Division here on Thursday strongly rebutted print and electronic media reports regarding appointment of Atif Bajwa, CEO of Bank Alfalah, as Governor of State Bank of Pakistan (SBP), says a press release. Terming the reports as me

Published 09 Jun, 2017 12:00am

Reports on appointment of SBP governor rejected

The spokesman for Finance Division here on Thursday strongly rebutted print and electronic media reports regarding appointment of Atif Bajwa, CEO of Bank Alfalah, as Governor of State Bank of Pakistan (SBP), says a press release. Terming the reports as me

Published 09 Jun, 2017 12:00am

Reports on appointment of SBP governor rejected

The spokesman for Finance Division here on Thursday strongly rebutted print and electronic media reports regarding appointment of Atif Bajwa, CEO of Bank Alfalah, as Governor of State Bank of Pakistan (SBP), says a press release. Terming the reports as me

Published 09 Jun, 2017 12:00am

Jadhav case: Pakistan informs ICJ on ad hoc judge's appointment

Pakistan informed the International Court of Justice on Thursday about its intent to appoint an ad hoc judge who will sit on the bench of the court during all proceedings relating to Indian citizen Kulbushan Sudhir Jadhav who has been awarded death penalt

Published 09 Jun, 2017 12:00am

Jadhav case: Pakistan informs ICJ on ad hoc judge's appointment

Pakistan informed the International Court of Justice on Thursday about its intent to appoint an ad hoc judge who will sit on the bench of the court during all proceedings relating to Indian citizen Kulbushan Sudhir Jadhav who has been awarded death penalt

Published 09 Jun, 2017 12:00am

Rahul Gandhi arrested amid farmers protest

Indian police on Thursday briefly arrested leading opposition figure Rahul Gandhi as he tried to reach farmers striking in Madhya Pradesh, where five protesters were earlier killed in clashes. The 46-year-old Congress party leader was detained as he cross

Published 09 Jun, 2017 12:00am

Rahul Gandhi arrested amid farmers protest

Indian police on Thursday briefly arrested leading opposition figure Rahul Gandhi as he tried to reach farmers striking in Madhya Pradesh, where five protesters were earlier killed in clashes. The 46-year-old Congress party leader was detained as he cross

Published 09 Jun, 2017 12:00am

Hassan submits documents to JIT

Hassan Nawaz on Thursday appeared before a Joint Investigation Team (JIT) investigating the Panama Papers case for second time and recorded his statement about his family's offshore assets. Hassan Nawaz reached the Federal Judicial Academy (FJA) at around

Published 09 Jun, 2017 12:00am

Hassan submits documents to JIT

Hassan Nawaz on Thursday appeared before a Joint Investigation Team (JIT) investigating the Panama Papers case for second time and recorded his statement about his family's offshore assets. Hassan Nawaz reached the Federal Judicial Academy (FJA) at around

Published 09 Jun, 2017 12:00am

Comey slams White House 'lies' in blockbuster testimony

Ousted FBI chief James Comey accused the White House of lies and defamation Thursday, in explosive testimony that painted Donald Trump as dishonest and operating far outside presidential norms. During almost three hours of blockbuster sworn testimony to a

Published 09 Jun, 2017 12:00am

Exchange

Urmchi to Gwadar: proposed plan for running cultural caravan discussed

Chairing a high-level meeting held here Thursday to discuss the proposed plan for running a cultural caravan from Urmchi in China to Gwadar comprising artists, musicians, dancers, photographers, anthropologists, writers and film makers from both the count

Published 09 Jun, 2017 12:00am

Britons vote in key election

Britain went to the polls on Thursday for a snap election called by Prime Minister Theresa May ahead of Brexit after a campaign shadowed by terrorism. May called the vote in April, when opinion poll ratings for her and her centre-right Conservative party

Published 09 Jun, 2017 12:00am

Britons vote in key election

Britain went to the polls on Thursday for a snap election called by Prime Minister Theresa May ahead of Brexit after a campaign shadowed by terrorism. May called the vote in April, when opinion poll ratings for her and her centre-right Conservative party

Published 09 Jun, 2017 12:00am

EDB: Ministry in state of shock

Ministry of Industries and Production (MoI&P) is in a state of shock after a high-level body headed by Prime Minister Nawaz Sharif decided to wind up Engineering Development Board (EDB) due to rampant corruption and unfriendly behaviour by staff. Well-inf

Published 09 Jun, 2017 12:00am

EDB: Ministry in state of shock

Ministry of Industries and Production (MoI&P) is in a state of shock after a high-level body headed by Prime Minister Nawaz Sharif decided to wind up Engineering Development Board (EDB) due to rampant corruption and unfriendly behaviour by staff. Well-inf

Published 09 Jun, 2017 12:00am

EDB: Ministry in state of shock

Ministry of Industries and Production (MoI&P) is in a state of shock after a high-level body headed by Prime Minister Nawaz Sharif decided to wind up Engineering Development Board (EDB) due to rampant corruption and unfriendly behaviour by staff. Well-inf

Published 09 Jun, 2017 12:00am

Exchange

NTN requirement: SECP grants two-year exemption to SSCs

The Securities and Exchange Commission of Pakistan (SECP) Thursday announced general exemption for a period of two years to all small size companies (SSCs) including Agriculture Promotion Companies from the requirement of seeking National Tax Numbers (NTN

Published 09 Jun, 2017 12:00am

Exchange

NTN requirement: SECP grants two-year exemption to SSCs

The Securities and Exchange Commission of Pakistan (SECP) Thursday announced general exemption for a period of two years to all small size companies (SSCs) including Agriculture Promotion Companies from the requirement of seeking National Tax Numbers (NTN

Published 09 Jun, 2017 12:00am

Exchange

NTN requirement: SECP grants two-year exemption to SSCs

The Securities and Exchange Commission of Pakistan (SECP) Thursday announced general exemption for a period of two years to all small size companies (SSCs) including Agriculture Promotion Companies from the requirement of seeking National Tax Numbers (NTN

Published 09 Jun, 2017 12:00am

US, Kuwait probe for solution

Qatar said on Thursday fellow Arab states' move to isolate it in a row over alleged ties to terrorism is endangering stability in the oil-rich Gulf region but it was not ready to change its foreign policy to settle the dispute and would never compromise.

Published 09 Jun, 2017 12:00am

US, Kuwait probe for solution

Qatar said on Thursday fellow Arab states' move to isolate it in a row over alleged ties to terrorism is endangering stability in the oil-rich Gulf region but it was not ready to change its foreign policy to settle the dispute and would never compromise.

Published 09 Jun, 2017 12:00am

Pakistan concerned at situation: FO

The Foreign Office on Thursday voiced Pakistan's concerns over the situation in the Gulf region and stressed the need for unity among Muslim counties. "Pakistan believes in unity among Muslim countries. We have made consistent efforts towards its promotio

Published 09 Jun, 2017 12:00am

Pakistan concerned at situation: FO

The Foreign Office on Thursday voiced Pakistan's concerns over the situation in the Gulf region and stressed the need for unity among Muslim counties. "Pakistan believes in unity among Muslim countries. We have made consistent efforts towards its promotio

Published 09 Jun, 2017 12:00am

Pakistan to continue import of LNG from Qatar

Shahid Khaqan Abbasi says Islamabad will continue to import liquefied natural gas (LNG) from Qatar under a 15-year agreement, despite the severing of diplomatic ties with Qatar by Saudi Arabia and some other countries. Shahid Khaqan Abbasi, the federal mi

Published 09 Jun, 2017 12:00am

Pakistan to continue import of LNG from Qatar

Shahid Khaqan Abbasi says Islamabad will continue to import liquefied natural gas (LNG) from Qatar under a 15-year agreement, despite the severing of diplomatic ties with Qatar by Saudi Arabia and some other countries. Shahid Khaqan Abbasi, the federal mi

Published 09 Jun, 2017 12:00am

Pakistan to continue import of LNG from Qatar

Shahid Khaqan Abbasi says Islamabad will continue to import liquefied natural gas (LNG) from Qatar under a 15-year agreement, despite the severing of diplomatic ties with Qatar by Saudi Arabia and some other countries. Shahid Khaqan Abbasi, the federal mi

Published 09 Jun, 2017 12:00am

PSDP-funded projects: revised pay package approved by ECC

The Economic Co-ordination Committee (ECC) of the Cabinet has approved a revised pay package with a major increase in the salaries for the project directors of Public Sector Development Programme (PSDP)-funded projects. Sources said that proposal of revis

Published 09 Jun, 2017 12:00am

PSDP-funded projects: revised pay package approved by ECC

The Economic Co-ordination Committee (ECC) of the Cabinet has approved a revised pay package with a major increase in the salaries for the project directors of Public Sector Development Programme (PSDP)-funded projects. Sources said that proposal of revis

Published 09 Jun, 2017 12:00am

PSDP-funded projects: revised pay package approved by ECC

The Economic Co-ordination Committee (ECC) of the Cabinet has approved a revised pay package with a major increase in the salaries for the project directors of Public Sector Development Programme (PSDP)-funded projects. Sources said that proposal of revis

Published 09 Jun, 2017 12:00am

IS says it killed two Chinese teachers

Islamic State has killed two Chinese teachers it kidnapped in Balochistan last month, the militant group's Amaq news agency said on Thursday. Armed men pretending to be policemen kidnapped the two language teachers in Quetta, on May 24. The kidnapping was

Published 09 Jun, 2017 12:00am

The Weather

The weather report on Thursday (June 08, 2017) and the forecast for Friday (June 09, 2017).

Published 09 Jun, 2017 12:00am

IS says it killed two Chinese teachers

Islamic State has killed two Chinese teachers it kidnapped in Balochistan last month, the militant group's Amaq news agency said on Thursday. Armed men pretending to be policemen kidnapped the two language teachers in Quetta, on May 24. The kidnapping was

Published 09 Jun, 2017 12:00am

Exchange

LME official prices

The following were Wednesday official prices.

Published 09 Jun, 2017 12:00am

BRIndex30 sheds 51.9 points

On Thursday, BRIndex30 opened at 26,839.73 points. It touched an intraday high of 27,076.04 points and an intraday low of 26,735.46 points and closed at 26,787.83 points which was -51.9 points or -0.19 percent lower than previous close. Total volume was 1

Published 09 Jun, 2017 12:00am

Exchange

LME official prices

The following were Wednesday official prices.

Published 09 Jun, 2017 12:00am

BRIndex30 sheds 51.9 points

On Thursday, BRIndex30 opened at 26,839.73 points. It touched an intraday high of 27,076.04 points and an intraday low of 26,735.46 points and closed at 26,787.83 points which was -51.9 points or -0.19 percent lower than previous close. Total volume was 1

Published 09 Jun, 2017 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (June 08, 2017).

Published 09 Jun, 2017 12:00am

Exchange

Stocks depressed

Pakistan Stock Exchange Thursday remained under pressure due to selling mainly by local investors. The benchmark KSE-100 index declined by 204.48 points to 49,958.33 points. Daily trading volumes on the ready counter increased to 268.794 million shares as

Published 09 Jun, 2017 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (June 08, 2017)

Published 09 Jun, 2017 12:00am

Exchange

Stocks depressed

Pakistan Stock Exchange Thursday remained under pressure due to selling mainly by local investors. The benchmark KSE-100 index declined by 204.48 points to 49,958.33 points. Daily trading volumes on the ready counter increased to 268.794 million shares as

Published 09 Jun, 2017 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Thursday (June 08, 2017).

Published 09 Jun, 2017 12:00am

Exchange

Stocks depressed

Pakistan Stock Exchange Thursday remained under pressure due to selling mainly by local investors. The benchmark KSE-100 index declined by 204.48 points to 49,958.33 points. Daily trading volumes on the ready counter increased to 268.794 million shares as

Published 09 Jun, 2017 12:00am

Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (June 08, 2017).

Published 09 Jun, 2017 12:00am

Exchange

Modi greets Nawaz in Astana

Indian Prime Minister Narendra Modi Thursday exchanged greetings with Prime Minister Nawaz Sharif at Kazakhstan's capital Astana to attend the Shanghai Cooperation Organisation Summit, according to Aaj News quoting Indian media. Both the leaders were at t

Published 09 Jun, 2017 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (June 08, 2017).

Published 09 Jun, 2017 12:00am

Exchange

Modi greets Nawaz in Astana

Indian Prime Minister Narendra Modi Thursday exchanged greetings with Prime Minister Nawaz Sharif at Kazakhstan's capital Astana to attend the Shanghai Cooperation Organisation Summit, according to Aaj News quoting Indian media. Both the leaders were at t

Published 09 Jun, 2017 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (June 08, 2017).

Published 09 Jun, 2017 12:00am

Empowering PM to take decisions on financial matters: Parliament to resolve issue: Dar

Finance Minister Ishaq Dar on Thursday informed Senate that the government along with opposition parties is mulling introducing a legislation to give powers to the prime minister in financial matters without any prior approval of the cabinet. "Our hands w

Published 09 Jun, 2017 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Thursday (June 08, 2017).

Published 09 Jun, 2017 12:00am

Empowering PM to take decisions on financial matters: Parliament to resolve issue: Dar

Finance Minister Ishaq Dar on Thursday informed Senate that the government along with opposition parties is mulling introducing a legislation to give powers to the prime minister in financial matters without any prior approval of the cabinet. "Our hands w

Published 09 Jun, 2017 12:00am

Kerb

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Thursday (June 08, 2017).

Published 09 Jun, 2017 12:00am

THE RUPEE: firm trend

Firmness prevailed on the money market on Thursday as the rupee did not move any side against the dollar in the process of trading, dealers said. The rupee sustained overnight levels against the dollar for buying and selling at Rs 105.90 and Rs 106.10 res

Published 09 Jun, 2017 12:00am

THE RUPEE: firm trend

Firmness prevailed on the money market on Thursday as the rupee did not move any side against the dollar in the process of trading, dealers said. The rupee sustained overnight levels against the dollar for buying and selling at Rs 105.90 and Rs 106.10 res

Published 09 Jun, 2017 12:00am

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Thursday (June 08, 2017)

Published 09 Jun, 2017 12:00am

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Thursday (June 08, 2017)

Published 09 Jun, 2017 12:00am

Mutual Funds

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

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

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

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

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

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

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