News Archives for Print - 2018-08-26

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Print - 2018-08-26

The Weather

The weather report on Saturday (August 25, 2018) and the forecast for Sunday (August 26, 2018).

Published 26 Aug, 2018 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (August 25, 2018).

Published 26 Aug, 2018 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (August 25, 2018).

Published 26 Aug, 2018 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (August 25, 2018).

Published 26 Aug, 2018 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (August 25, 2018).

Published 26 Aug, 2018 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (August 25, 2018).

Published 26 Aug, 2018 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (August 25, 2018).

Published 26 Aug, 2018 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (August 25, 2018).

Published 26 Aug, 2018 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (August 25, 2018)

Published 26 Aug, 2018 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Saturday (August 25, 2018).

Published 26 Aug, 2018 12:00am

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (August 25, 2018).

Published 26 Aug, 2018 12:00am

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (August 25, 2018).

Published 26 Aug, 2018 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (August 25, 2018).

Published 26 Aug, 2018 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (August 25, 2018).

Published 26 Aug, 2018 12:00am

Kerb

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Saturday (August 25, 2018).

Published 26 Aug, 2018 12:00am

Currency

The rupee showed slight changes in terms of the dollar on the money market on Saturday in the process of trading activity, dealers said. The rupee was unchanged against the dollar for buying at Rs 122.50 while it shed 30 paisas for selling at Rs 123.80, t

Published 26 Aug, 2018 12:00am

Currency

THE RUPEE: Minor changes

Published 26 Aug, 2018 12:00am

Cross Transactions between Client to Client & Financial Institutions

The following were the cross transactions between client to client & financial institutions here on Saturday (August 25, 2018).

Published 26 Aug, 2018 12:00am

Member to Member

The following transactions member to member subsequently reported on Saturday (August 25, 2018).

Published 26 Aug, 2018 12:00am

Currency

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Saturday (August 25, 2018).

Published 26 Aug, 2018 12:00am

Aaj TV - Sunday's schedule

All timings are in PST (Pakistan Standard Time).

Published 26 Aug, 2018 12:00am

India's rapeseed meal exports to likely jump in 2018-19

India's rapeseed meal exports are likely to jump 50 percent in 2018/19 from a year ago to 1 million tonnes as neighbouring China is set to resume imports from New Delhi after nearly seven years, a leading industry official said on Tuesday.

Published 26 Aug, 2018 12:00am

Vegetable Oil

Palm oil eases on European vegoils market

Palm oil on the European vegetable oils market eased further on Thursday as weakness in CBOT soyaoil and forecasts for increasing production weighed on prices. Asking prices for palm oil were between unchanged and $7.50 a tonne down from Wednesday after M

Published 26 Aug, 2018 12:00am

CBOT soyabean futures lower

Chicago Board of Trade soyabean futures declined on Thursday on expectations for a bumper US harvest and worries about trade with top global soya buyer China as a new round of tariffs kicked in. US and China, despite ongoing trade negotiations, implemente

Published 26 Aug, 2018 12:00am

CBOT corn futures fall on strong US yield prospects

Chicago Board of Trade corn futures fell on Thursday for a fifth straight session on technical selling and as results from an ongoing US crop tour fuelled expectations of a large US harvest, traders said. CBOT December corn settled down 5-3/4 cents at $3.

Published 26 Aug, 2018 12:00am

Asian naphtha crack eases to two-session low

Asia's naphtha crack eased to a two-session low of $99.38 a tonne on Thursday, dragged down by expectations of higher supplies streaming in from the West, including Europe and the Mediterranean. South Korea's KPIC was looking to buy naphtha, but results w

Published 26 Aug, 2018 12:00am

Asian rice prices languish as demand stalls

Rice prices in India were mostly unchanged this week, despite a weaker rupee allowing exporters to lower their offers, while tepid demand kept export rates in check in Vietnam and Thailand. In top exporter India, rates for 5 percent broken parboiled rice

Published 26 Aug, 2018 12:00am

China's July grain imports fall after US tariffs

China's grain imports plunged in July after Beijing imposed hefty tariffs on shipments from the United States as part of its trade conflict and as rising international prices curbed buying, customs data showed on Thursday. China brought in 220,000 tonnes

Published 26 Aug, 2018 12:00am

Cotton

Cotton market: Mills indulge in fresh buying of fine quality

Mills showed fresh interest in purchasing of fine quality lint on the cotton market on Saturday, dealers said. The official spot rate was unchanged at Rs 8100, they added. Prices of seed cotton in Sindh and the Punjab were at Rs 3600-3800, they said. In B

Published 26 Aug, 2018 12:00am

Currency

Coffee exporters to find ships for Brazilian bumper crop

Brazilian coffee exporters are struggling to find shipping capacity to transport a bumper crop from the world's top producer, which could result in supply delays to roasters worldwide. Abundant overall supplies in consuming countries, however, will limit

Published 26 Aug, 2018 12:00am

Russian grain stocks to hit lowest in six years

Grain stocks in Russia, one of the world's largest wheat exporters, are expected to hit their lowest level in six years by the end of the 2018/19 marketing season on June 30, the SovEcon consultancy said in a note on Thursday. Russia's wheat crop has been

Published 26 Aug, 2018 12:00am

Bumper coffee harvest forecast pushes prices lower in Vietnam

Forecast of a bumper harvest in Vietnam sent domestic coffee prices to their lowest level in more than two years on Thursday, while supplies in Indonesia are quickly diminishing as the harvesting season draws to an end. Prices in Vietnam fell on expectati

Published 26 Aug, 2018 12:00am

Ukrainian wheat quality hit by poor weather

Unfavourable spring and summer weather has worsened the quality of Ukrainian wheat in the 2018 harvest and the share of milling wheat does not exceed 45 percent, traders said on Wednesday. An extremely dry spring and torrential rains during the threshing

Published 26 Aug, 2018 12:00am

Shanghai rebar steel futures fall almost two percent

Shanghai rebar steel futures fell almost 2 percent on Thursday as investors locked in gains from a recent rapid climb in prices to a seven-year peak that was driven by China's production curbs aimed at fighting pollution. Hot rolled coil prices also retre

Published 26 Aug, 2018 12:00am

Currency

Brazilian farmers poised to plant record soya area in 2018-19

Brazilian farmers were forecast to expand the country's soyabean planted area for the 12th consecutive year amid strong demand from Asia and in spite of risks related to the exchange rate and higher freight costs, according to a Reuters poll of analysts o

Published 26 Aug, 2018 12:00am

Euronext wheat lower as US market seeks direction

Euronext wheat was lower on Thursday in step with US futures as the market sought more clues about supply and demand prospects, after being swayed in the past week by speculation about Russian export policy. Benchmark December milling wheat on Paris-based

Published 26 Aug, 2018 12:00am

UK gilt curve gives another glimpse of 'no deal' Brexit nerves

The risk of Britain crashing out of the European Union without a trade agreement has dragged sterling to its lowest in almost a year this week, and the prospect of a 'no deal' Brexit has also infected the UK government bond market in recent months.

Published 26 Aug, 2018 12:00am

UK gilt curve gives another glimpse of 'no deal' Brexit nerves

Published 26 Aug, 2018 12:00am

Chinese news app IPO delivers hilarious feed

A Chinese news app is delivering an entertaining feed to investors. Tencent-backed Qutoutiao, which translates to "fun headlines", filed to go public in New York within a day of raising money privately. It's far from the only howler.

Published 26 Aug, 2018 12:00am

Foreigners bought Asian equities for first time in six months

Foreign investors were net purchasers of Asian equities for the first time in six months in July, helped by strong earnings growth and efforts by the United States and Europe to resolve differences over trade, though worries heightened this week of a trad

Published 26 Aug, 2018 12:00am

Goldman Sachs cuts German, UK govt bond yield forecasts

Goldman Sachs has cut its forecasts for where German and British borrowing costs will end the year as part of its revision of bond yield forecasts across the G10 group of economies in the world. Goldman now expects German 10-year government bond yields to

Published 26 Aug, 2018 12:00am

Goldman Sachs cuts German, UK govt bond yield forecasts

Published 26 Aug, 2018 12:00am

UK says Brexit could hit banks' stock of 'risk free' EU debt

Britain could force European Union banks operating in London to start holding capital against inventory of riskier EU government bonds in the case of a 'no-deal' Brexit. At part of preparations for Britain's departure from European Union next March, the f

Published 26 Aug, 2018 12:00am

TSX rises

The Toronto Stock Exchange's S&P/TSX rose 29.26 points, or 0.18 percent, to 16,356.05 on Friday. Leading the index were Aphria Inc, up 22.7 percent, Ivanhoe Mines Ltd, up 13.7 percent, and Pretium Resources Inc, higher by 9 percent. Lagging shares were Ma

Published 26 Aug, 2018 12:00am

Treasuries outlook: yield curve flattest since 2007 over more rate hikes

The Treasury yield curve reached its flattest level since 2007 on Friday as comments by Federal Reserve Chairman Jerome Powell affirmed expectations that the US central bank will continue raising rates. The Fed's steady interest rate hikes are the best wa

Published 26 Aug, 2018 12:00am

Treasuries outlook: yield curve flattest since 2007 over more rate hikes

Published 26 Aug, 2018 12:00am

EU extends ban on sale of 'binary' options to retail customers

The European Union's securities watchdog has renewed a ban on the sale of 'binary' options to retail customers for a further three months starting October 2, saying there are still concerns about the risks of the products.

Published 26 Aug, 2018 12:00am

'Old' bull market sputters on while tech inflows slow: BAML

Investors bought back into US stocks this week which set their longest-ever market rally, although risks ahead spurred anxiety over how much longer the ageing bull can last, Bank of America Merrill Lynch strategists said on Friday. They also declared the

Published 26 Aug, 2018 12:00am

Fidelity fund votes backed Tesla, potential sign of more support

Funds run by Fidelity Investments sided with Tesla Inc management on director votes and other controversial items this spring, filings showed on Thursday, which experts said could presage further support for the carmaker's CEO, Elon Musk, as he looks to t

Published 26 Aug, 2018 12:00am

Fidelity fund votes backed Tesla, potential sign of more support

Published 26 Aug, 2018 12:00am

S&P 500 reaches new high to clinch record bull run

The benchmark S&P 500 stock index clinched its longest bull-market run on Friday, closing above its previous January high, as Federal Reserve Chairman Jerome Powell affirmed the US central bank's current pace of rate hikes. The S&P had last reached a new

Published 26 Aug, 2018 12:00am

Currency

Global trade war to hold back modest eurozone growth

The eurozone economy will muddle through this year and next with steady but modest growth in a slowdown from 2017, according to economists in a Reuters poll, which shows a majority expecting a brewing US-led trade war to hold back growth.

Published 26 Aug, 2018 12:00am

Wilmar scoops up rival Bunge's sugar trading operations

Singapore-based agribusiness Wilmar International Ltd has scooped up the sugar trading book of rival Bunge for an undisclosed amount, the companies said on Wednesday. The sale is the latest in Bunge's efforts to reduce its exposure to a struggling sugar u

Published 26 Aug, 2018 12:00am

Vodacom launches 5G internet service in Lesotho

South Africa's Vodacom launched what it said was Africa's first commercial 5G internet service in Lesotho on Saturday, but said it would only be able to provide a similar service in its home market once spectrum was made available.

Published 26 Aug, 2018 12:00am

'Amazon effect' could have impact on inflation dynamics

More frequent price changes for goods and a rise in the consistency of pricing due to the growth of online retailers may be affecting inflation, according to an academic paper presented on Saturday to some of the world's top central bankers.

Published 26 Aug, 2018 12:00am

Currency

Erdogan says commitment of all Turks needed to combat attacks on economy

The commitment and determination of Turks is the guarantee needed to combat attacks on Turkey's economy, President Tayyip Erdogan said on Saturday, in his first comments onn the currency crisis in days Turkey's lira has tumbled some 40 percent this year a

Published 26 Aug, 2018 12:00am

Credit Suisse freezes $5 billion of Russian money due to US sanctions

One of Switzerland's largest banks, Credit Suisse, has frozen roughly 5 billion Swiss francs ($5 billion) of money linked to Russia to avoid falling foul of US sanctions, according to its accounts, further increasing pressure on Moscow.

Published 26 Aug, 2018 12:00am

Truckers' strike likely ground Q2 Brazil growth to near-halt

The Brazilian economy barely grew in the second quarter as a countrywide truckers' strike all but paralyzed key business sectors, a Reuters poll showed, sounding an ominous tone as pivotal presidential elections kick off. Gross domestic product in Latin A

Published 26 Aug, 2018 12:00am

US wants quick progress on EU trade issues

Washington is pressing the European Union to speed up trade negotiations launched after last month's meeting between US President Donald Trump and EU Commission President Jean-Claude Juncker, two German and a US official said on Saturday.

Published 26 Aug, 2018 12:00am

China says agrees with Britain to discuss 'top notch' free trade deal

China and Britain have agreed to look at the possibility of reaching a "top notch" free trade agreement after Britain leaves the European Union, China's Commerce Ministry said on Saturday after talks with British trade minister Liam Fox.

Published 26 Aug, 2018 12:00am

Mutual Funds

Wall Street's sector shakeup will let more tech stocks shine

Chipmakers, cloud-computing sellers and even credit card payment companies will have a greater chance to stand out in the information technology sector next month following the largest-ever shakeup of Wall Street's industry classification system.

Published 26 Aug, 2018 12:00am

China aims for more loans to small firms

China will encourage financial institutions to boost loans to smaller firms and aims for better planning of winter gas supplies to prioritise residential users and highly polluted areas, the cabinet said on Wednesday.

Published 26 Aug, 2018 12:00am

Egypt targets $11 billion foreign investment

Egypt plans to attract $11 billion in foreign direct investment in the current 2018-19 fiscal year, up from $7.9 billion the year before, Planning Minister Hala al-Saeed said on Wednesday. The minister said the government, under a medium-term development

Published 26 Aug, 2018 12:00am

Cuba signals willingness to open railway operation to foreigners

Cuba has signaled its willingness to open up the operation of its extensive state railway system to foreign companies in a decree published Wednesday as part of a spate of economic reforms. The decree "proposes that the railways may be operated wholly or

Published 26 Aug, 2018 12:00am

Currency

One in three chance of South Africa recession this year

South Africa's economy probably struggled to gain traction in the second quarter after shrinking at the start of 2018, according to a Reuters poll of economists who said there was a one in three chance of recession this year. Around 30 economists polled e

Published 26 Aug, 2018 12:00am

US economy expected to slow, damaged by trade war

US economic growth will slow steadily in coming quarters after touching a four-year high in April-June, according to a Reuters poll of economists, who expect President Donald Trump's trade war to inflict damage.

Published 26 Aug, 2018 12:00am

Currency

BIS's Carstens warns of economic risks of protectionism

Agustin Carstens, general manager of the Bank of International Settlements, on Saturday delivered a scathing critique of rising protectionism, a not-so-subtle rebuke to US President Donald Trump's use of tariffs and trade talks to wring concessions from C

Published 26 Aug, 2018 12:00am

Mexico far from goal on Alibaba e-commerce deal

Mexico's deal with China's biggest e-commerce company, Alibaba, to increase online business for exports like avocados and tequila needs the participation of dozens more companies to make it successful, an official at Mexican trade group Promexico said in

Published 26 Aug, 2018 12:00am

Automaker Tesla to remain a public company: Musk

Tesla CEO Elon Musk said Friday that the company would continue to be publicly traded, weeks after suggesting that he would take the pioneering electric carmaker private. Musk met Tesla's board of directors on Thursday "and let them know that I believe th

Published 26 Aug, 2018 12:00am

South Africa's rand recovers

South Africa's rand firmed on Friday as the dollar fell, regaining poise after a sharp dip in the previous session after US President Donald Trump's tweet about land reform in Africa's most industrialised economy. Stocks rose amid broad gains led by marke

Published 26 Aug, 2018 12:00am

Currency

LatAm currencies jump on Fed comments, Argentina peso hits record low

Latin American currencies jumped on Friday after Federal Reserve Chairman Jerome Powell expressed no surprises in a closely watched speech, suggesting a slow-and-steady pace for US interest rate hikes is still in order. The US dollar weakened as Powell, s

Published 26 Aug, 2018 12:00am

Currency

African currencies week ahead: Kenya's shilling to ease, Nigeria's naira to hold steady

Kenya's shilling is forecast to ease against the dollar in the week to Thursday, while Zambia's kwacha will strengthen, traders said.

Published 26 Aug, 2018 12:00am

Currency

Rouble continues to pull back from lows

The Russian rouble firmed on Friday despite an announcement that new US sanctions would take effect on Monday, pulling back from its lowest levels since 2016 as the market priced in a pause in the central bank's purchases of foreign currency. The rouble h

Published 26 Aug, 2018 12:00am

Currency

Turkish lira moves up against dollar

The Turkish lira firmed against the dollar on Friday after weakening in thin holiday trade this week, as a bitter standoff dragged on between Ankara and Washington over the fate of an American pastor being tried in Turkey. The lira firmed to 6.0550 agains

Published 26 Aug, 2018 12:00am

Currency

Dollar falls as Powell sees little risk of inflation Overheating

The dollar fell on Friday after Federal Reserve Chair Jerome Powell said he sees little risk that inflation is poised to accelerate beyond the central bank's target but that steady interest rate hikes are the best way to protect the US economic recovery f

Published 26 Aug, 2018 12:00am

Currency

Nigeria boosts FX sales

Nigeria's central bank stepped up dollar sales this week after it auctioned the US and Chinese currencies last week in a bid to alleviate shortages and ease pressure on the naira. On Friday the bank said it sold a total of $543.22 million on the interbank

Published 26 Aug, 2018 12:00am

Currency

Speculators' boost bullish bets on dollar

Speculators' net long bets on the US dollar rose slightly in the latest week to the largest position since mid-January 2017, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday. The value of the net long d

Published 26 Aug, 2018 12:00am

Currency

Canadian dollar strengthens

The Canadian dollar strengthened against its US counterpart on Friday, recovering from an earlier one-week low as oil prices rose and a speech by Federal Reserve Chairman Jerome Powell helped boost stocks and weaken the greenback. Equity markets rose glob

Published 26 Aug, 2018 12:00am

Currency

Cryptocurrency exchange Bittrex teams with Rialto

US-based cryptocurrency exchange Bittrex is partnering with registered broker-dealer Rialto Trading to offer a trading venue for blockchain-based digital assets, the companies said on Thursday. Rialto runs a US-registered trading platform for fixed income

Published 26 Aug, 2018 12:00am

Currency

Investors trim bearish bets on most Asian currencies

Investors have trimmed their short positions on Asian currencies over the last two weeks, a Reuters poll showed, as a weaker dollar, coupled with optimism over Sino-US trade tensions and tightening monetary policy in the region improved risk appetite.

Published 26 Aug, 2018 12:00am

Man City held at Wolves, Arsenal off the mark under Emery

Manchester City's perfect start to their Premier League title defence was ended with a 1-1 draw at newcomers Wolverhampton Wanderers on Saturday while Arsenal earned the first win under Unai Emery, a 3-1 victory over West Ham United.

Published 26 Aug, 2018 12:00am

Leeds top Championship table as Bolton slip up

Leeds stormed back to the top of the Championship on Saturday, leapfrogging local rivals Middlesbrough with a 3-0 victory against Norwich. The Canaries have painted the away dressing room pink in the hope of lowering the testosterone levels of their oppon

Published 26 Aug, 2018 12:00am

Kerb

Serena says motherhood fuels fire

Motherhood has had anything but a mellowing effect on Serena Williams, who arrives at the US Open in pursuit of a record-equalling 24th Grand Slam title. "If anything, I have more fire in my belly," Williams, a six-time US Open winner, said Saturday. "It'

Published 26 Aug, 2018 12:00am

Federer lags behind big rivals in US Open betting

Roger Federer heads to the US Open as third favourite behind longtime rivals Novak Djokovic and Rafael Nadal after a season that has nose-dived since he won the Australian Open at the start of the year. This time last year, Federer was the pundits' pick t

Published 26 Aug, 2018 12:00am

Hamilton snatches Spa pole in rain-hit qualifying

Lewis Hamilton tip-toed his way to a memorable record fifth pole position at the Belgian Grand Prix on Saturday as he and Mercedes handled the capricious weather conditions at the famous Spa-Francorchamps circuit with tactical aplomb.

Published 26 Aug, 2018 12:00am

Schalke crash at Wolfsburg amid VAR chaos

A dramatic late Daniel Ginczek goal sealed Wolfsburg's shock 2-1 win over Schalke on Saturday as video assistant referee (VAR) interventions dominated the opening weekend of the Bundesliga season. After Nabil Bentaleb's penalty cancelled out Wolfsburg's f

Published 26 Aug, 2018 12:00am

Tiger's biggest concern remains shortest club

The biggest concern for Tiger Woods continues to be the shortest club in his bag despite shooting a three-under par 68 Saturday at the US PGA Northern Trust tournament. The 14-time major champion was among the early third-round starters and easily drawing

Published 26 Aug, 2018 12:00am

Istomin pockets Asian gold, flies to US Open

Uzbekistan's Denis Istomin scooped Asian Games tennis gold in Indonesia on Saturday before jumping on a flight round the world to compete in the US Open. Istomin, 31, came from behind to beat China's reigning US Open boys' champion, 18-year-old Wu Yibing,

Published 26 Aug, 2018 12:00am

Indonesia's Ginting stuns Momota in badminton

Badminton world champion Kento Momota crashed out of the Asian Games against Indonesia's Anthony Ginting as the home favourite raised the roof at the Jakarta arena on Saturday. Ginting, 21, beat the Japanese world number four 21-18, 21-18, afterwards coll

Published 26 Aug, 2018 12:00am

Iran's weightlifter sets eternal record, two Koreas in tears

Iran's Sohrab Moradi set a weightlifting world record that could last forever on Saturday as tearful North and South Korean athletes combined to win a highly symbolic medal at the Asian Games. Olympic champion Moradi, who served a two-year doping ban from

Published 26 Aug, 2018 12:00am

Egypt says no faults in hotel room of UK couple who died

Engineers have found no fault in the air conditioning unit or any other equipment in the Egyptian hotel room of a British couple on holiday who died within hours of each other, the public prosecutor said Saturday.

Published 26 Aug, 2018 12:00am

Rohingya protest for 'justice' on crackdown anniversary

Thousands of Rohingya refugees staged protests for "justice" Saturday on the first anniversary of a Myanmar military crackdown that forced them to flee to camps in Bangladesh. About 700,000 of the Muslim minority poured across the border after attacks by

Published 26 Aug, 2018 12:00am

Italy allows some migrants off stranded boat amid EU row

Italy allowed 16 of the 150 migrants stranded on board a coastguard ship at a Sicily port to disembark on Saturday, as government officials face questioning over the refusal to let all passengers off, media reported. The Diciotti vessel has been docked at

Published 26 Aug, 2018 12:00am

Pope vows to end repugnant sexual abuse 'at any cost'

Pope Francis vowed on Saturday to end the "repugnant" sexual exploitation of children by Catholic clergy as he made a highly-charged visit to once devout Ireland where years of reported abuse have driven many Irish away from the Church.

Published 26 Aug, 2018 12:00am

Papua New Guinea volcano erupts, forcing villagers to flee

An island volcano on the north coast of Papua New Guinea erupted early on Saturday, forcing 2,000 villagers to flee from lava flows, the National Disaster Centre said. Manam Island, just 10 km (6 miles) wide, is one of the Pacific nation's most active vol

Published 26 Aug, 2018 12:00am

Six dead, thousands evacuated in Taiwan floods

Six people have been killed by floodwaters in Taiwan, officials said Saturday, after days of heavy rain forced thousands to evacuate their homes. A tropical depression has been dumping torrential rain in central and southern Taiwan since Thursday, with so

Published 26 Aug, 2018 12:00am

Trump chat for new Australia PM on first full day

Australia's new prime minister began his first full day Saturday with a phone call to Donald Trump as he set about restoring faith in his "battered and bruised" government after a tumultuous week. Scott Morrison was sworn in as the country's 30th leader l

Published 26 Aug, 2018 12:00am

Istanbul police break up landmark Turkish mothers' protest

Istanbul police on Saturday broke up a regular demonstration by Turkish mothers remembering the disappearance of relatives in the 1980s and 1990s, detaining almost 50 people as participants marked the 700th such weekly protest.

Published 26 Aug, 2018 12:00am

New Nepali criminal code threatens press freedom

Nepal's government must repeal or amend the new criminal code that came into effect on August 17 to remove provisions that severely threaten press freedom, the Committee to Protect Journalists said last week.

Published 26 Aug, 2018 12:00am

Zimbabwe opposition leader insists he won elections

Zimbabwe's main opposition leader Nelson Chamisa on Saturday refused to accept a Constitutional Court ruling that upheld Emmerson Mnangagwa's win in presidential elections last month. In his first comments since the country's top court overturned the oppo

Published 26 Aug, 2018 12:00am

Previous Day

Forex
World
Commodity

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 18	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 18 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 18 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 18 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 18 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 18 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 18 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 18 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 18 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 18 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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