News Archives for Print - 2017-08-01

Print - 2017-08-01

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Monday (July 31, 2017).

Published 01 Aug, 2017 12:00am

Exchange

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Monday (July 31, 2017).

Published 01 Aug, 2017 12:00am

Exchange

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 01 Aug, 2017 12:00am

Exchange

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 01 Aug, 2017 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 01 Aug, 2017 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 01 Aug, 2017 12:00am

Aaj TV - Tuesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 01 Aug, 2017 12:00am

Economy of Switzerland

Switzerland has one of the most competitive economies in the world thanks above all to its highly developed service sector that is 74% of the Swiss gross domestic product (GDP), which is the 2nd highest per capita in the world; CHF 77,943./- CHF (2015). E

Published 01 Aug, 2017 12:00am

SICPA Inks Pakistan (Pvt) Limited

Found in 1927 and headquartered in Lausanne, Switzerland, SICPA is an international organization providing secured identification, traceability and authentication solutions and services.

Published 01 Aug, 2017 12:00am

Archroma - growing sustainable solutions

For us all, inner beauty matters as much as outer beauty. Consumers aspire to goods that bring them function, beauty and meaning - goods that are made in a more sustainable and responsible way. Archroma makes a positive contribution to this aspiration acr

Published 01 Aug, 2017 12:00am

Message from Consul General of Switzerland

This year is very special for Switzerland and for Pakistan because both our countries are celebrating 70 years of their friendly bilateral relations!

Published 01 Aug, 2017 12:00am

Message from Ambassador of Switzerland

I am pleased to address the readers of this special supplement published by Daily Business Recorder to mark the 726th National Day of Switzerland. I wish that this publication will present a friendly picture of my country and provide useful information on

Published 01 Aug, 2017 12:00am

Asian naphtha hits three months high on strong demand

Asia's naphtha crack edged up 5.4 percent to reach a three-month high of $69.53 per tonne as excess supplies shrank on strong demand and fewer European cargoes streaming in. Taiwan's CPC was seeking full-range and heavy naphtha for September arrival at Ka

Published 01 Aug, 2017 12:00am

Soyameal steady on European feeds market

Soyameal offers on Europe's meals and feeds market were flat to higher on Friday, supported by an earlier rebound in Chicago futures as traders grappled with weather uncertainty surrounding for US crops. Activity was light, with some buyers keeping to the

Published 01 Aug, 2017 12:00am

US Midwest soya bids higher

Soyabean spot basis bids were steady to higher at US Midwest processing plants and river terminals on Friday as recent gains in futures failed to entice farmers to sell beans remaining from last year's harvest, dealers said. Bids gained by as much as 7 ce

Published 01 Aug, 2017 12:00am

US FOB Gulf grain offers mostly flat

Export basis offers for soyabeans, corn and wheat were mostly flat for US Gulf Coast shipments on Friday amid relatively dull demand and narrow moves in the underlying futures prices for the crops, dealers said. Farmers largely delayed sales of each commo

Published 01 Aug, 2017 12:00am

Vegetable Oil

Palm oil prices stable on European vegoils market

EU rapeseed oil prices rose on Friday, buoyed by strong gains in Chicago soyabean oil and further strength in energy markets. Palm oil prices, however, stabilised on the European vegetable oil market after rising earlier in the week. EU rapeseed oil for A

Published 01 Aug, 2017 12:00am

Chinese diesel demand expected to rise again this year

Chinese demand for diesel will rise again this year after contracting for the first time in over a decade in 2016, buoyed as the world's No.2 economy shows signs of growth, traders and analysts said. That could cap increases in exports of the fuel from th

Published 01 Aug, 2017 12:00am

Russian wheat prices stable after 10-week rise

Russian wheat export prices were stable last week after increasing for 10 straight weeks due to easing concerns over the quality of this year's crop and as harvesting gathers pace. Black Sea prices for Russian wheat with 12.5 percent protein content and f

Published 01 Aug, 2017 12:00am

Cotton

Prices of phutti rise on cotton market

Prices improved on the cotton market on Monday on rising demand by mills and spinners, dealers said. The official spot rate was unchanged at Rs 6350, they said. In the ready session over 6000 bales of cotton changed hands between Rs 6350-6700, they said.

Published 01 Aug, 2017 12:00am

Exchange

PMEX daily trading report

On Friday at Pakistan Mercantile Exchange Limited, the total traded value of Metals, Energy and COTS/FX was recorded at PKR 3.133 billion and the number of lots traded was 7,009. PMEX Commodity Index closed at 2,962. Major business was contributed by gold

Published 01 Aug, 2017 12:00am

CBOT soyabean futures rise

Chicago Board of Trade soyabean futures rose on Friday, following a rally in the soyaoil market, traders said. Soyaoil gained 2.3 percent, hitting its highest since January 24. A US court said on Friday the US Environmental Protection Agency erred when se

Published 01 Aug, 2017 12:00am

HRW wheat bids steady

Spot basis bids for hard red winter wheat held steady at grain terminals across the southern US Plains on Friday, dealers said. Farmer sales were slow, with cash prices well below peaks hit earlier this month. Protein premiums for railcar wheat to and thr

Published 01 Aug, 2017 12:00am

More sun needed for Ivory Coast's cocoa crop

Cool, overcast weather last week in most of Ivory Coast's main cocoa-growing regions threatens to reduce the size of the upcoming cocoa main crop, although light rain and sunshine in other areas boosted growth, farmers said on Monday. Heavy rain in June a

Published 01 Aug, 2017 12:00am

Exchange

Paris wheat futures rise

Paris wheat futures rose for a second day on Friday as signs of weather damage to US spring wheat boosted Chicago prices, while European traders waited to see if heavy rain would hit German crop quality. Benchmark December milling wheat on the Paris-based

Published 01 Aug, 2017 12:00am

US natural gas futures ease on steady weather

US natural gas futures eased on Friday as production slowly rises and on forecasts for steady, near-normal temperatures and cooling demand over the next two weeks. On their first day as the front-month, gas futures for September delivery fell 2.8 cents, o

Published 01 Aug, 2017 12:00am

LNG prices rise on demand from Japan and India

Asian spot LNG prices extended gains with demand coming from India and Japan, while recent export disruptions from Peru left Royal Dutch Shell shopping for replacement supply. Higher prices triggered a supply-side response with Atlantic producers includin

Published 01 Aug, 2017 12:00am

Activities at Karachi and Qasim ports

The Karachi Port handled 279,296 tonnes of cargo comprising 248,967 tonnes of import cargo and 30,329 tonnes of export cargo including 4,035 loaded and empty containers during the last 48 hours ending at 0700 hours on Monday. The total import cargo of 248

Published 01 Aug, 2017 12:00am

Deadline for race to host EU agencies after Brexit

European Union countries faced a deadline Monday to submit their bids to host the post-Brexit locations of key banking and medical agencies currently based in London. The list of official candidate cities for the European Banking Authority (EBA) and the E

Published 01 Aug, 2017 12:00am

Panasonic profits surge on auto sector

Panasonic on Monday reported quarterly gains in profits and sales thanks to a strong performance in its auto-related sector, confirming the Japanese electronics mainstay is on course for recovery. The Osaka-based company is best known abroad for electroni

Published 01 Aug, 2017 12:00am

Panasonic profits surge on auto sector

Published 01 Aug, 2017 12:00am

China manufacturing expansion slows in July

China's manufacturing activity faltered in June, official data showed Monday, as experts warn of a slowdown in the world's second largest economy. China registered steady growth during the first half of the year with stronger-than-expected GDP and exports

Published 01 Aug, 2017 12:00am

Qatar launches wide-ranging WTO complaint against trade boycott

Qatar filed a wide-ranging legal complaint at the World Trade Organization on Monday to challenge a trade boycott by Saudi Arabia, Bahrain and United Arab Emirates, Qatar's WTO representative Ali Alwaleed al-Thani told Reuters. By formally "requesting con

Published 01 Aug, 2017 12:00am

China orders Anbang to sell Waldorf Astoria, other foreign assets

China has ordered Anbang Insurance Group, the conglomerate which owns New York's historic Waldorf Astoria hotel, to sell its overseas assets, Bloomberg News reported Monday. The financial news agency, which cited unidentified people familiar with the matt

Published 01 Aug, 2017 12:00am

Discovery buys Scripps Networks for $14.6 billions

Discovery Communications announced Monday it was buying television rival Scripps Networks Interactive for $14.6 billion, a deal that will give it Food Network, Travel Channel and other channels in global markets. The deal will unite the Discovery Channel,

Published 01 Aug, 2017 12:00am

Japan Airlines logs quarterly profit gain, upgrades outlook

Japan Airlines (JAL) on Monday reported a jump in quarterly net profit thanks to brisk sales at home and overseas, and revised its full-year forecast upward. JAL, once a symbol of Japan's rise from the ashes of defeat in World War II as it ferried the cou

Published 01 Aug, 2017 12:00am

Japan Airlines logs quarterly profit gain, upgrades outlook

Published 01 Aug, 2017 12:00am

HSBC profits higher on cost-cutting, favourable markets

HSBC's profits rose in the first half of the year as it slashed costs and won support from favourable market conditions, the banking giant said Monday Net profit jumped 10 percent to almost $7.0 billion (7.8 billion euros) in the first six months of the y

Published 01 Aug, 2017 12:00am

HSBC profits higher on cost-cutting, favourable markets

Published 01 Aug, 2017 12:00am

Mexico's economy grows 0.6 percent in Q2

Mexico's economy grew 0.6 percent in the second quarter, officials said Monday, keeping up its solid growth as the country heads into clutch renegotiations of the North American Free Trade Agreement. The figure matched the growth rate in the first quarter

Published 01 Aug, 2017 12:00am

Exchange

Sanofi offers better prognosis for earnings

French pharmaceuticals firm Sanofi raised on Monday its earnings outlook for the year after sales climbed in the second quarter despite a decline for a major diabetes drug. The company said it now expects earnings per share from continuing activities to b

Published 01 Aug, 2017 12:00am

Exchange

Sanofi offers better prognosis for earnings

Published 01 Aug, 2017 12:00am

US pending home sales rise; Midwest factory activity slows

Contracts to buy previously owned US homes rebounded in June after three straight monthly declines, but the housing market remained constrained by a shortage of properties available for sale. Other data on Monday showed that factory activity in the Midwes

Published 01 Aug, 2017 12:00am

Saudi index dips on weak Q2 while blue chips support Dubai bourse

Saudi Arabia's stock market index recorded its sixth straight session of declines on the back of weak second-quarter corporate earnings, but Dubai outperformed a weaker region as bluechips rose. The Riyadh index slipped 0.3 percent as shares of milk and y

Published 01 Aug, 2017 12:00am

Exchange

South Africa's stock market defies recession, scales record highs

South Africa's main stock index scaled a record high on Monday, underscoring the market's disconnect from an economy mired in recession, hobbled by damaging ratings downgrades, and still largely defined by apartheid's income inequalities. Skewed ownership

Published 01 Aug, 2017 12:00am

Exchange

Tokyo stocks lower

Tokyo stocks closed down on Monday as the yen rose, with investors wary after lower-than-expected US economic growth figures and renewed tensions over North Korea's ICBM programme. The dollar came under pressure after the US on Friday reported 2.6 percent

Published 01 Aug, 2017 12:00am

Exchange

Monday's afternoon trade: Wall Street on course to close its strongest month since February

All three major US indexes were set for their best monthly gains since February, with the Dow touching yet another record high. The tech-heavy Nasdaq was, however, trading lower on Monday afternoon weighed down by Apple, Facebook, Google parent Alphabet a

Published 01 Aug, 2017 12:00am

Hong Kong stocks up for seventh straight month

Hong Kong stocks closed at a 25-month high on Monday after completing a seventh-straight month of gains, powered by strength in dual-listed resource firms which forecast rises in first-half earnings. The Hang Seng index rose 1.3 percent, to 27,323.99, whi

Published 01 Aug, 2017 12:00am

Most SE Asian markets fall

Most Southeast Asian stock markets ended Monday lower as sentiment turned cautious ahead of a raft of economic data this week, but Vietnam bucked the trend and closed at its highest in over nine years as realty and financials firmed up. Indonesia is expec

Published 01 Aug, 2017 12:00am

Indian shares climb; SBI top gainer

Indian shares ended at a record closing high on Monday led by State Bank of India after the nation's biggest lender cut deposit rates on the majority of its savings accounts while investors awaited a rate cut by the central bank later this week. The broad

Published 01 Aug, 2017 12:00am

China stocks extend gains

China stocks extended gains on Monday, as investors piled into resource firms which forecast jumps in first-half earnings, reinforcing a rotation into blue chips that feature solid growth and fundamentals. The blue-chip CSI300 index rose 0.5 percent, to 3

Published 01 Aug, 2017 12:00am

European stocks end July on back foot as earnings sentiment dampens

Weakness among tobacco stocks and some broker downgrades weighed on European shares, sending them lower on the final trading day of July as analysts dissected what was beginning to look like an "underwhelming" earnings season. The pan-European STOXX 600 i

Published 01 Aug, 2017 12:00am

Sri Lankan shares hit over 12-week low

Sri Lankan shares fell on Monday to a more than 12-week closing low in thin trade as investors sold telecommunication and beverages stocks and as a right issue mopped up liquidity, but foreign investors were net buyers for a thirteenth straight session. T

Published 01 Aug, 2017 12:00am

Australian, NZ shares up

Miners took the lead on Monday, propelling Australian shares higher as upbeat commodity and metal prices drew investors to materials stocks. The SS&P/ASX 200 index rose 17.78 points, or 0.3 percent, to 5,720.6 at the end of trade, slightly down in July an

Published 01 Aug, 2017 12:00am

FTSE holds on to July gains, though cigarette makers drag

Strong results from heavyweight bank HSBC helped British blue-chips hold on to gains on Monday, putting the index ahead for the month of July, though tobacco stocks tumbled further following a new US regulatory clamp down. The FTSE 100 rose 0.1 percent, a

Published 01 Aug, 2017 12:00am

Exchange

China's yuan rises

China's yuan firmed against the US dollar on Monday after the official guidance was fixed at the strongest level in over nine months, putting the currency on course for the third straight month of gains. The People's Bank of China set the yuan midpoint at

Published 01 Aug, 2017 12:00am

Dollar struggles in Asian trade

The dollar struggled on Monday, wallowing near a 2-1/2-year low against the euro, weighed down by US political uncertainty and uninspiring US data that added to doubts about whether there will be another Federal Reserve rate hike this year. Growth in the

Published 01 Aug, 2017 12:00am

Early trade in New York: dollar hits 2-1/2 years low against euro

The US dollar hit a 2-1/2-year low against the euro on Monday on month-end portfolio adjustments and expectations for a more hawkish European Central Bank, and touched a more than six-week low against the yen on concerns over low US inflation. The euro ro

Published 01 Aug, 2017 12:00am

Euro slips from 2-1/2 years high in Europe

The euro slipped on Monday, moving away from 2-1/2 year highs, as investors consolidated positions after euro zone inflation data broadly met forecasts, cooling expectations of a rapid withdrawal of policy stimulus in the coming months. A flash estimate o

Published 01 Aug, 2017 12:00am

Bangladesh's interbank forex rates

Inter-bank buy/sell rates for the taka against the dollar on Monday. 80.65-80.66 (previous 80.65-80.66).

Published 01 Aug, 2017 12:00am

Sri Lankan rupee rises

The Sri Lankan rupee ended firmer on Monday as dollar supply due to exporter greenback sales and inward remittances surpassed importer demand for the US currency, dealers said. The spot rupee ended at 153.50/60 per dollar, up from Friday's close of 153.73

Published 01 Aug, 2017 12:00am

Most emerging Asian currencies up

Most emerging Asian currencies inched higher on Monday as US political woes and lukewarm economic data pushed the dollar to multi-year lows and dampened expectations of another Federal Reserve rate hike this year. Data on Friday showed growth in the world

Published 01 Aug, 2017 12:00am

Canadian dollar weakens

The Canadian dollar weakened on Monday against its US counterpart as oil prices dipped and the greenback posted broader gains, but the loonie was on track to advance for the third straight month. The currency has rallied more than 10 percent since early M

Published 01 Aug, 2017 12:00am

BoE 'Super Thursday' looms as sterling hits 10-month high of $1.32

Britain's pound hit $1.32 on Monday for the first time in over 10 months, as investors eyed this week's Bank of England "Super Thursday" for a steer on whether record-low interest rates could soon be lifted for the first time in more than a decade. Sterli

Published 01 Aug, 2017 12:00am

Aussie, kiwi steady

The Australian dollar steadied near a two-year peak on Monday, on track for its best monthly performance since January, while its New Zealand counterpart was set for a third straight month of gains. The Australian dollar stood at $0.7982, not far from $0.

Published 01 Aug, 2017 12:00am

Isner downs Harrison for fourth ATP Atlanta title

John Isner claimed his fourth ATP Atlanta title on Sunday, saving a set-point in both sets en route to a 7-6 (8/6), 7-6 (9/7) win over Ryan Harrison. Second-seeded American Isner notched his second ATP title in as many weeks afer lifting the trophy in New

Published 01 Aug, 2017 12:00am

Djokovic drops a place to fifth in ATP rankings

Novak Djokovic dropped one place to fifth with Stanislas Wawrinka moving up to fourth in the ATP rankings published on Monday. Former world number one Djokovic will likely fall further by the end of the year as he has already announced he will not play ag

Published 01 Aug, 2017 12:00am

Track king Bolt eyes final hurrah

Sprint superstar Usain Bolt will seek a final golden hurrah when he takes to the track at the IAAF World Championships in London this week. Bolt has dominated sprinting since taking double individual gold at the Beijing Olympics in 2008, going on to win a

Published 01 Aug, 2017 12:00am

Ali hat-trick sees England thrash South Africa

Moeen Ali became the first bowler in The Oval's 100 Test-history to take a hat-trick as England wrapped up a crushing 239-run win in the third Test against South Africa on Monday. Victory put England 2-1 up in this four-match series, with just the fourth

Published 01 Aug, 2017 12:00am

Australia's 'Mr Football' dies

Les Murray, a veteran broadcaster whose voice became synonymous with football in Australia, has died aged 71 after a long period of illness, his employer said Monday. Widely known as Mr Football, Murray was the face of soccer coverage at multicultural bro

Published 01 Aug, 2017 12:00am

Jones banned for two European games for insults

Manchester United defender Phil Jones will miss the European Super Cup clash with Real Madrid on August 8 after UEFA banned him for two matches for insulting a doping control officer following May's Europa League final. Jones has been banned for two Europ

Published 01 Aug, 2017 12:00am

Ronaldo denies tax fraud at court hearing

Real Madrid forward Cristiano Ronaldo denied hiding millions of euros in income at a court hearing near the Spanish capital on Monday where he was charged with tax evasion. The Portuguese - the world's highest paid sportsman according to Forbes magazine -

Published 01 Aug, 2017 12:00am

China's Dou earns historic PGA Tour card

Dou Zecheng could scarcely believe it as he became the first Chinese golfer to earn a prized PGA Tour card, saying his rise to the world's richest circuit was "going to be pretty big." It completes a historic month for Chinese golf after Li Haotong finish

Published 01 Aug, 2017 12:00am

Neymar gets China red-carpet treatment as speculation grows

Neymar hit the red carpet in Shanghai on Monday as speculation mounted that the Brazil star could be set to quit Barcelona for Paris Saint-Germain for a woorld-record 222 million euros The 25-year-old striker is at the centre of an apparent tug of war bet

Published 01 Aug, 2017 12:00am

US actor, playwright Sam Shepard dies

Sam Shepard, the Pulitzer Prize-winning playwright and Oscar-nominated actor whose career spanned nearly five decades, has died, US media reported Monday. He was 73. Shepard died at home in Kentucky last Thursday of complications from amyotrophic lateral

Published 01 Aug, 2017 12:00am

French film legend Jeanne Moreau dies

French actress Jeanne Moreau, who lit up the screen in "Jules et Jim" and starred in some of the most critically-acclaimed films of the 20th century, has died aged 89, her agent said Monday. The gravel-voiced actress epitomised the freedoms of the 1960s a

Published 01 Aug, 2017 12:00am

US risks being seen as 'kleptocracy' under Trump: former ethics chief

The United States is at risk of being viewed as a "kleptocracy" under President Donald Trump, the former head of the US government ethics office said in an interview published Monday. "His actions create the appearance of profiting from the presidency, an

Published 01 Aug, 2017 12:00am

Senegal ruling party coalition claim election landslide

The ruling coalition of Senegal's President Macky Sall won a widely expected landslide in a legislative election, his prime minister said Monday, bolstering Sall's prospects for re-election in 2019. The Benno Bokk Yakaar (BBY) coalition swept all except t

Published 01 Aug, 2017 12:00am

MSF refuses to sign on to new migrant rescue rules

Medical charity Doctors Without Borders (MSF) refused Monday to sign a code of conduct on migrant-saving operations in the Mediterranean, while others including Save the Children approved the new rules. "There were two sticking points that prevented us fr

Published 01 Aug, 2017 12:00am

Venezuela increasingly isolated after deadly vote

Venezuelan President Nicolas Maduro was increasingly isolated internationally on Monday following a bloody vote that handed his Socialist party almost total power to rule - but whose legitimacy is broadly rejected. The United States, Mexico, Colombia, Per

Published 01 Aug, 2017 12:00am

Yemen drone strike kills five suspected Al-Qaeda men

Five men suspected of belonging to Al-Qaeda were killed in Yemen Monday in a drone strike likely to have been carried out by the United States, a security official said. The strike on Juba in the central Marib province, the site of a ground raid by US com

Published 01 Aug, 2017 12:00am

Food access in Syria's Raqa at 'critical turning point': NGOs

Food access in Syria's battle-torn Raqa is now at "a critical turning point," aid organisations said Monday, with markets shuttered and residents depending fully on their dwindling stockpiles. Raqa has been gripped by fierce fighting for nearly two months

Published 01 Aug, 2017 12:00am

Police, protesters, clash in DR Congo anti-Kabila rallies

Police and opposition protestors clashed Monday in Goma, eastern Democratic of Republic of Congo, as demonstrators protested President Joseph Kabila's sustained grip on power and called for elections. Protesters and several journalists were arrested in ci

Published 01 Aug, 2017 12:00am

Top Kenya election official 'tortured and murdered'

An official charged with overseeing Kenya's electronic voting system was found dead just over a week before the country goes to the polls, the commission's chairman said Monday. The body of Chris Msando, a top information technology manager at the Indepen

Published 01 Aug, 2017 12:00am

Australian plane plot may have involved bomb or gas

Four men accused of plotting to bring down a plane planned to use poisonous gas or a crude bomb disguised as a meat mincer, reports said Monday, with Australian officials calling preparations "advanced". The men - reportedly two Lebanese-Australian father

Published 01 Aug, 2017 12:00am

Relatives and royals mark WWI Passchendaele centenary

Britain's Prince Charles hailed the "courage and bravery" of soldiers who fought at Passchendaele as he led thousands of their descendants at centenary tributes for one of World War I's bloodiest battles. In a solemn ceremony at the huge Tyne Cot cemetery

Published 01 Aug, 2017 12:00am

Cotton

Cotton futures inch up

ICE cotton futures inched higher on Monday, moving close to a six-week high, as investors covered short-positions amid a sagging dollar. The December cotton contract on ICE Futures settled up 0.06 cent, or 0.1 percent, at 68.86 cents per lb. It traded wit

Published 01 Aug, 2017 12:00am

Exchange

Shanghai copper climbs

Shanghai Futures Exchange copper climbed 1.4 percent to 50,710 yuan ($7,543) a tonne on Monday, its highest since mid-February. Copper rallied after manufacturing data from top user China confirmed growth tempered slightly but stayed firm in July. Growth

Published 01 Aug, 2017 12:00am

Exchange

Copper at two-year peak after China data, nickel soars

The price of copper hit a two-year peak on Monday on upbeat manufacturing data in top consumer China, while nickel hit a near four-month high on renewed supply worries and soaring steel prices. Growth in China's manufacturing sector cooled slightly in Jul

Published 01 Aug, 2017 12:00am

Oil near two-month high as producers set to meet again

Oil prices were near two-month highs on Monday, putting July on track to become the strongest month so far this year, as news of a producers' meeting next week added to bullish sentiment driven by the threat of US sanctions against Opec-member Venezuela.

Published 01 Aug, 2017 12:00am

Exchange

Rubber rises

Benchmark Tokyo rubber futures closed up 0.6 percent on Monday on the back of gains in oil prices to a two-month high. Tokyo Commodity Exchange (TOCOM) futures, which set the tone for tyre rubber prices in Southeast Asia, gained after touching a near two-

Published 01 Aug, 2017 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

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

Published 01 Aug, 2017 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

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

Published 01 Aug, 2017 12:00am

Vegetable Oil

Malaysian palm oil near four-month high

Malaysian palm oil futures hit a near four-month high in early trade on Monday, tracking overnight gains in soyaoil on the Chicago Board of Trade and on forecasts of lower-than-expected output increases and end-stocks. The benchmark palm oil contract for

Published 01 Aug, 2017 12:00am

Raw sugar surges to two-month high on Brazil ethanol tax decision

Raw sugar futures jumped to a two-month high on Monday, as speculators covered their short positions following a tax change in Brazil that will make ethanol more competitive there, potentially reducing availability of sugar from cane. Arabica coffee rose

Published 01 Aug, 2017 12:00am

Gold steadies in Asia

Gold prices on Monday held around their highest in nearly seven weeks as tensions on the Korean peninsula boosted safe-haven demand for the metal and as the US dollar hovered close to multi-month lows. The United States flew two supersonic B-1B bombers ov

Published 01 Aug, 2017 12:00am

Gold hits highest in nearly seven weeks in Europe

Gold hit its highest in almost seven weeks on Monday, boosted by a struggling dollar and US economic data that has cast doubt on whether the Federal Reserve will raise rates again this year. Spot gold was down 0.1 percent at $1,267.7 an ounce at 1337 GMT

Published 01 Aug, 2017 12:00am

US MIDDAY: corn, wheat and soyabean fall

US corn and soyabean futures weakened on Monday on forecasts for beneficial weather for crop development, traders said. Wheat futures also were weak, dropping to their lowest in more than a month, as sizeable world supplies countered support from drought-

Published 01 Aug, 2017 12:00am

US MIDDAY: gold climbs

Gold hit its highest in almost seven weeks on Monday, boosted by a struggling dollar and US economic data that cast doubt on whether the Federal Reserve will raise rates again this year. Spot gold was down 0.1 percent at $1,267.4 an ounce by 2:00 pm EDT (

Published 01 Aug, 2017 12:00am

Decline in food insecurity among people of FATA seen since 2014: Report

The food security situation of returned households to their place of origin in Pakistan's Federal Administered Tribal Areas (FATA) has improved significantly since 2014, said a report. The report "Food Security and Livelihoods Assessment of Returned House

Published 01 Aug, 2017 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 14	278.71
USD PKR Interbank Buying / Jun 14	278.51
USD to Japanese Yen / Jun 14	157.40
USD to Swiss Franc / Jun 14	0.89
Pound Sterling to USD / Jun 14	1.28
Euro to USD / Jun 14	1.07

Stock	Volume
S&P 500 / Jun 14	5,431.60
India Sensex / Jun 14	76,992.77
Tokyo Nikkei / Jun 14	38,814.56
Nasdaq / Jun 14	17,688.88
Hang Seng / Jun 14	17,941.78
FTSE 100 / Jun 14	8,146.86
Dow Jones / Jun 14	38,589.16
Germany DAX 30 / Jun 14	18,002.02

Item	Value
Crude Oil USD/Barrel / Jun 14	78.45
Karachi Cotton PKR/37.32 KG / Jun 14	19,935
Gold 10 Grams PKR / Jun 14	207,047
Gold Spot USD/Ounce / Jun 14	2,333.04
Cotton US¢/pound / Jun 14	72.14
Petrol/Litre / Jun 15	258.16

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 15 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 15 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 15 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 15 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 15 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 15 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 15 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 15 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 15 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 15 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 15 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 15 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 15 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 15 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 15 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 15 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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