News Archives for Print - 2018-10-10

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Print - 2018-10-10

New York cotton

The following were the fluctuations observed during the day:

Published 10 Oct, 2018 12:00am

Aaj TV - Wednesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 10 Oct, 2018 12:00am

Serena confirmed for eighth Australian Open title tilt

Seven times champion Serena Williams will be back at the Australian Open in 2019 having missed her title defence this year after giving birth, organisers said Tuesday. The 23-time Grand Slam winner, who won on her last appearance in 2017 while pregnant, w

Published 10 Oct, 2018 12:00am

US Open champ Osaka scored ace against gender stereotypes, says IMF chief

US Open tennis champ Naomi Osaka is the kind of female success story that knocks down gender stereotypes crucial to opening more doors for women in the workplace, IMF chief Christine Lagarde said Tuesday. Women's tennis lived in the shadow of the men's ga

Published 10 Oct, 2018 12:00am

Afghan woman among nine new IOC members

Samira Asghari, a 24-year-old Afghan woman, was among nine new International Olympic Committee members elected Tuesday, but there was still no place for either IAAF president Sebastian Coe or FIFA head Gianni Infantino. "She's a lady who is doing a fantas

Published 10 Oct, 2018 12:00am

Djokovic masters Chardy again

Novak Djokovic had won all 11 previous matches against Jeremy Chardy and the world number three's perfect run was never in real doubt at the Shanghai Masters on Tuesday. The Serbian, who has burst back to form this year, winning Wimbledon and the US Open,

Published 10 Oct, 2018 12:00am

Thai tennis umpires get life bans for match-fixing, betting

Three tennis umpires from Thailand have been handed life bans for match-fixing and betting offences, including manipulating the official scoring system during matches, the sport's anti-corruption body said. Anucha Tongplew, Apisit Promchai and Chitchai Sr

Published 10 Oct, 2018 12:00am

Project director PSL quits

Naila Bhatti, Director Marketing & Sales and Project Director Pakistan Super League (PSL) has tendered her resignation on account of personal reasons. Her resignation has been accepted, a PCB spokesman, said, here Tuesday. The PCB acknowledges the service

Published 10 Oct, 2018 12:00am

Bilal sparks spectacular Australian collapse

Test debutant Bilal Asif snatched six wickets to spark a spectacular Australian collapse from 142-0 to 202 all out and put Pakistan in firm command of the first Test in Dubai on Tuesday. The 33-year-old off-spinner overshadowed his more experienced team-m

Published 10 Oct, 2018 12:00am

Private sector agrees 10 percent price cuts as Turkey steps up inflation fight

Turkey's private sector has agreed to cut prices on the goods it sells by at least 10 percent across the board, Finance Minister Berat Albayrak said on Tuesday, as he called on businesses to join a national struggle to tamp down runaway inflation.

Published 10 Oct, 2018 12:00am

Uber drivers stage 24-hour strike in Britain

Drivers for taxi-sharing app Uber went on strike in Britain on Tuesday, demanding higher fares and improved workers' rights and urging users not to cross the digital picket line by ordering rides. Around 50 protesters staged a noisy demonstration outside

Published 10 Oct, 2018 12:00am

Ireland sets aside 1.5 billion euros for 'rainy day' Brexit

Ireland's finance minister presented a "Brexit-proof" budget on Tuesday, including a 1.5 billion euro ($1.7 billion) "rainy day fund" in case Britain's divorce from the EU sends economic shockwaves through the country. The fund would be supplemented by 50

Published 10 Oct, 2018 12:00am

Comcast becomes majority shareholder of Sky

US cable giant Comcast on Tuesday said it is now the majority shareholder of pan-European TV satellite company Sky after purchasing 21st Century Fox's 39-percent holding in the group. It follows a long-running battle to take control of Sky, with Comcast c

Published 10 Oct, 2018 12:00am

Lufthansa and Ryanair settle dispute over leased planes

Lufthansa and Ryanair-backed carrier Laudamotion settled a dispute over leasing contracts, avoiding a London court hearing that was scheduled for November, both airlines said on Tuesday. The German flagship carrier said in July it wanted to end an agreeme

Published 10 Oct, 2018 12:00am

South Africa finance minister resigns over graft testimony

South African Finance Minister Nhlanhla Nene resigned Tuesday over undisclosed meetings with a business family at the heart of a corruption scandal, dealing a blow to President Cyril Ramaphosa. Nene was seen as one of Ramaphosa's closest allies and a lead

Published 10 Oct, 2018 12:00am

Egypt's first smartphone maker plans expansion in Africa

Egypt's first smartphone maker is looking to enter the broader African market by the end of 2018 or early 2019 as it seeks to boost exports, its sales director said.

Published 10 Oct, 2018 12:00am

EU ministers split on auto emission curbs

EU ministers battled Tuesday over the extent of emission cuts to be imposed on carmakers, in the wake of a warning by UN experts on the dangers of global warming. Auto-making power Germany is leading a fierce resistance to a compromise plan tabled by Aust

Published 10 Oct, 2018 12:00am

Video ad business booming in US

The video ad business is booming the US, with spending expected to grow 30 percent this year to $27.82 billion, an eMarketer forecast released Tuesday showed. Video ads will account for a quarter of overall digital ad spending this year, the market tracke

Published 10 Oct, 2018 12:00am

Court orders diesel ban on major Berlin roads

Berlin could shut out diesel drivers from major arterial roads next year, after a court Tuesday ordered the German capital to follow in the footsteps of Hamburg, Frankfurt and Stuttgart with exclusion zones.

Published 10 Oct, 2018 12:00am

Saudi index falls on banks, most of Gulf moves little

Most major Gulf stock markets moved little on Tuesday with Saudi Arabia pressured by banking stocks, while Egypt was marginally lower after plunging to a 12-month low on Monday as margin calls hit local investors.

Published 10 Oct, 2018 12:00am

Currency

Brazil stocks climb

Brazil's real firmed more than 2 percent on Monday and stocks were on track to mark their highest close in nearly five months, after a strong first-round showing for far-right presidential candidate Jair Bolsonaro raised hopes for much needed economic ref

Published 10 Oct, 2018 12:00am

Tokyo stocks down for fourth straight session

Tokyo stocks fell for a fourth consecutive session Tuesday, dragged down by a strong yen and worries over China, while a system glitch affected part of the trading day. The benchmark Nikkei 225 index lost another 1.32 percent or 314.33 points to close at

Published 10 Oct, 2018 12:00am

Tuesday's early trade: Tech stocks prop up Wall Street

The S&P 500 and the Nasdaq rose for the first time in four days on Tuesday, boosted by a rebound in technology stocks, but gains were kept in check after the International Monetary Fund said the Sino-US trade war would slow global growth. The IMF cut glob

Published 10 Oct, 2018 12:00am

Nasdaq drops for third day on global growth worries

The tech-heavy Nasdaq fell on Monday for the third straight day as a sell-off in Chinese markets sparked concerns about slowing global economic growth, though the S&P 500 pared losses to end nearly flat. Beijing announced a steep cut in the level of cash

Published 10 Oct, 2018 12:00am

Australian, New Zealand shares falter

Australian shares extended sharp declines on Tuesday and hovered near-four month lows, as concerns over growth outlook for the country's largest trading partner China dented sentiment. The S&P/ASX 200 index fell 1 percent, or 59.2 points, to 6,041.1 at th

Published 10 Oct, 2018 12:00am

Southeast Asian stocks: Philippines snaps three-day losing streak

Philippine shares snapped a three-day losing streak on Tuesday, while Singapore fell for a fourth straight session on caution ahead of a central bank meeting on Friday in which it is expected to slightly tighten the monetary policy.

Published 10 Oct, 2018 12:00am

Currency

Indian shares fall; Tata Motors hits near seven-year low

Indian shares fell on Tuesday, dragged down by automaker Tata Motors Ltd, as investors refrained from making big bets ahead of corporate results and weakening global cues.

Published 10 Oct, 2018 12:00am

Currency

China stocks waver as economic concerns weigh on policy boost

Shares in China ended Tuesday mixed after wavering through the day on nagging concerns over growth prospects despite Beijing's steps to support the economy and contain the effects of an escalating trade war with the United States.

Published 10 Oct, 2018 12:00am

Oil stocks and Milan help European shares bounce back

European shares managed to end a choppy session in positive territory and above 6-month lows on Tuesday as concerns about a likely clash in Europe over Italy's budget plans eased and heavyweight energy stocks lifted benchmarks. The pan-European STOXX 600

Published 10 Oct, 2018 12:00am

Hong Kong shares down

Hong Kong shares ended lower on Tuesday as the Hang Seng index recorded its sixth consecutive day of loss, with concerns over slowing growth and the impact of an escalating Sino-US trade war weighing on investor sentiment.

Published 10 Oct, 2018 12:00am

FTSE ends flat, firmer cyclicals fail to lift Brexit cloud

Energy and mining stocks helped the FTSE 100 recover some of its losses on Tuesday, in a half-hearted bounce which left the index near its lowest in a month as Brexit negotiations and Italy's budget deficit continued to sap investors' appetite for risk.

Published 10 Oct, 2018 12:00am

Currency

Dollar slips against yen in Asia

The dollar dipped against the yen on Tuesday on simmering anxiety about higher US bond yields, the Sino-US trade war and political turmoil in Europe. The yen extended gains against the greenback to a fourth straight session, coming off an 11-month low of

Published 10 Oct, 2018 12:00am

Currency

Euro falls in Europe

The euro fell to a seven-week low on Tuesday as the dollar rose broadly and concerns persisted about a row in the European Union over Italy's budget. The euro has tended not to budge in response to spikes in Italian bond yields triggered by developments i

Published 10 Oct, 2018 12:00am

Currency

Early trade in New York: Dollar touches seven-week high, Italy worries weigh on euro

The dollar rose on Tuesday, boosted by rising US bond yields to a seven-week peak against a basket of currencies, as the euro weakened further on worries about the tension between the European Union and Italy over that country's budget.

Published 10 Oct, 2018 12:00am

Currency

Euro hits seven-week low against dollar in New York

The euro fell to a seven-week low against the dollar on Monday on a spat between Italy and the European Union over Rome's budget plans, while the yuan weakened as Beijing's move to spur more lending failed to ease concern about economic growth. Sterling r

Published 10 Oct, 2018 12:00am

Currency

Aussie, kiwi bounce

The Australian dollar eked out a modest bounce on Tuesday as the prospect of more Chinese stimulus lifted key commodity prices and squeezed short positions in the beaten-down currency. The Aussie dollar crawled up to $0.7086 and away from a 32-month troug

Published 10 Oct, 2018 12:00am

Currency

Asian forex: Yuan finds traction, limiting other units losses

Losses in most Asian currencies were limited by a strengthening in the yuan on Tuesday, as the Chinese currency recovered after previous session's losses, which came after a week-long holiday. The yuan drew some support from comments by International Mone

Published 10 Oct, 2018 12:00am

Sri Lankan rupee hits fresh low

The Sri Lankan rupee hit a record low for a fifth straight session on Tuesday on strong dollar demand from importers and foreign banks amid outflows from government securities. The rupee fell to an all-time low of 171.00 per dollar, surpassing the previou

Published 10 Oct, 2018 12:00am

Currency

Sterling weakens as Brexit concerns weigh

The British pound drifted nearly half a percent lower on Tuesday on the back of a stronger dollar and as investors booked profits after last week's rally on rising hopes of a breakthrough in Brexit negotiations. The British pound edged 0.4 percent lower a

Published 10 Oct, 2018 12:00am

CBOT corn eases on drier harvest outlook

Chicago Board of Trade (CBOT) corn futures eased on Monday on a slightly drier harvest forecast for the western Midwest and plentiful supplies of the feed grain. CBOT December corn ended down 1-3/4 cents at $3.66-1/2 per bushel. Rainy weather is expected

Published 10 Oct, 2018 12:00am

CBOT wheat drops on technical selling

Chicago Board of Trade (CBOT) wheat futures dropped to one-week lows on Monday on technical selling and as a strengthening US dollar created headwinds for slumping US wheat exports. CBOT December soft red winter wheat was 7 cents lower at $5.14 per bushel

Published 10 Oct, 2018 12:00am

Cotton

PMEX daily trading report

On Monday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,578. The traded value of Metals, Energy and COTS/FX was recorded at 8.420 billion and the number of lots traded 11,780. Major business was contributed by NSDQ100 amounting

Published 10 Oct, 2018 12:00am

Currency

European wheat futures lower

European wheat futures inched lower on Monday but further weakness in the euro curbed pressure from falling Chicago prices, keeping the market in its recent range. Paris futures remained underpinned by uncertainty over export availability in Russia, the w

Published 10 Oct, 2018 12:00am

Chinese coking coal, coke prices jump on tight supply

The price of steelmaking raw material coking coal jumped nearly 6 percent in China on Monday and coke rose more than 4 percent, buoyed by worries over tighter supply amid longer production curbs as investors returned after a week-long public holiday. The

Published 10 Oct, 2018 12:00am

Activities at Karachi and Qasim Ports

The Karachi Port handled 104,195 tonnes of cargo comprising 81,152 tonnes of import cargo and 23,043 tonnes of export cargo including 3,655 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday. The total import cargos of 81

Published 10 Oct, 2018 12:00am

Cotton

Strong demand raises cotton prices

Strong demand pushed the rates further higher on the cotton market on Tuesday in the process of trading activity, dealers said. The official spot rate was up by Rs 150 to Rs 8150, they added. Prices of seed cotton in Sindh were at Rs 3700-4000, in the Pun

Published 10 Oct, 2018 12:00am

Cotton

Scant rains to dent India's cotton output, exports

India's cotton production in 2018/19 is likely to fall 4.7 percent from the previous season to 34.8 million bales, as scant rainfall and an attack of pink bollworms are expected to squeeze crop yields, the head of a leading trade body told Reuters. The dr

Published 10 Oct, 2018 12:00am

Second Skripal suspect decorated by Putin: Bellingcat probe

One of the two suspects in the poisoning of former Russian spy Sergei Skripal in Britain was an intelligence operative who was personally decorated as a hero by President Vladimir Putin after conducting covert operations in Ukraine, investigative group Be

Published 10 Oct, 2018 12:00am

Greenspan survives Twitter hoax

Famed former US Federal Reserve Chairman Alan Greenspan is alive and well despite a brief Twitter hoax in which a Nobel-prize winning economist appeared to announce his death, Greenspan's company said Tuesday. The Twitter account which had announced the n

Published 10 Oct, 2018 12:00am

World cybercrime shifts to state-backed hackers: Russian group

The latest innovations in cybercrime have shifted from financially motivated actors to state-backed hackers focussed on sabotage and intelligence gathering, a Russian cybersecurity firm said Tuesday. "The focus of innovations and research on the creation

Published 10 Oct, 2018 12:00am

Aid groups frustrated as foreign staff told to leave Palu

Indonesia on Tuesday told foreign aid workers their help was not needed in disaster-ravaged Palu and they should go home, frustrating relief efforts after a quake-tsunami killed more than 2,000 people. Foreign teams on the ground were told new rules barre

Published 10 Oct, 2018 12:00am

Council of Europe postpones vote on Russia return

Council of Europe delegates voted Tuesday to delay action on a proposed rule change which could restore Russia's voting rights, stripped in 2014 after Moscow's seizure of Crimea from Ukraine. During a plenary session of the rights body's parliamentary ass

Published 10 Oct, 2018 12:00am

Nato flexes muscles in show of strength to Russia

Nato's largest exercise since the end of the Cold War will see 50,000 troops deploy into the first snows of a Norwegian winter to show Russia that the alliance is ready to repel any attack, officers said Tuesday. Officially, November's Trident Juncture ex

Published 10 Oct, 2018 12:00am

Qatari-bought fuel enters: Gaza to ease humanitarian crisis: Hamas

Qatari-bought fuel arrived at the Gaza Strip's only power station after entering through Israel on Tuesday in a bid to alleviate conditions in the Palestinian enclave, a Hamas spokesman and sources said. The delivery could help ease months of protests and

Published 10 Oct, 2018 12:00am

Iranian diplomat extradited to Belgium over 'bomb plot'

An Iranian diplomat linked to an alleged bomb plot against an Iranian opposition rally in France has been extradited to Belgium from Germany, prosecutors said on Tuesday. The Vienna-based Iranian, who has previously been identified as Assadollah Assadi, w

Published 10 Oct, 2018 12:00am

EgyptAir publisher apologises over Drew Barrymore article

The publisher of EgyptAir's in-flight magazine apologised Tuesday over an article on US actress Drew Barrymore, which caused a furore online over its bizarre content. Horus magazine published what it called an interview with Barrymore that opened with a c

Published 10 Oct, 2018 12:00am

Hurricane Michael reaches Category 2, threatens southern US

Hurricane Michael strengthened to a Category 2 storm with winds over 100 miles per hour on Tuesday as Florida's governor warned it could bring "total devastation" to parts of the southern US state. The storm - currently located over the Gulf of Mexico - i

Published 10 Oct, 2018 12:00am

Syria issues pardon for army deserters, draft dodgers

Syria's President Bashar al-Assad issued a general amnesty Tuesday for army deserters and those who have avoided compulsory military service during the country's seven-year civil war, state media said. Tens of thousands of Syrian soldiers have deserted si

Published 10 Oct, 2018 12:00am

New Pentagon weapons systems easily hacked

New US weapons systems being developed by the US Department of Defense can be easily be hacked by adversaries, a new government report said on Tuesday. The Government Accountability Office said the Pentagon was unaware of how easy it could be for an adver

Published 10 Oct, 2018 12:00am

Shanghai zinc hits 3-1/2-month top

Shanghai zinc rallied nearly 4 percent to a 3-1/2-month peak on Tuesday, as production cuts at Chinese smelters dragged down stockpiles to the lowest in more than a decade, while a rally in steel prices lifted nickel in both London and China. The most-tra

Published 10 Oct, 2018 12:00am

Zinc surges as supply deficit erodes stockpiles

Zinc prices rose on Tuesday towards last week's three-month high as falling stockpiles underlined a global supply shortage. Benchmark zinc on the London Metal Exchange (LME) closed up 2.4 percent at $2,678 a tonne. The metal used to galvanise steel has su

Published 10 Oct, 2018 12:00am

Oil prices gain as Iranian crude exports fall, Hurricane Michael nears

Oil prices rose about one percent on Tuesday on growing evidence of falling Iranian crude exports before the imposition of new US sanctions, as well as a partial production shutdown in the Gulf of Mexico because of Hurricane Michael. Brent crude futures r

Published 10 Oct, 2018 12:00am

Tokyo rubber rises on Shanghai rally

Benchmark Tokyo rubber futures rose to an about 1-week high on Tuesday after a 3-day weekend in Japan, backed by a rally in Shanghai futures and stronger oil prices. The Tokyo Commodity Exchange (TOCOM) rubber contract for March delivery finished 2.6 yen,

Published 10 Oct, 2018 12:00am

Vegetable Oil

Malaysian palm oil edges up

Malaysian palm oil futures edged up on Tuesday evening on support from stronger overnight gains in soyaoil on the US Chicago Board of Trade. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange was up 0.8 percen

Published 10 Oct, 2018 12:00am

China aluminium exports to surge on trade war

Chinese aluminium exports are expected to surge in coming months and next year after Beijing boosted tax rebates as part of a package to soften the impact of a trade war with the United States, according to industry consultancy CRU. High Chinese exports o

Published 10 Oct, 2018 12:00am

Currency

Raw sugar sets a new seven-month high; coffee, cocoa up

Raw sugar futures on ICE inched up on Tuesday after climbing to their highest since March, supported by a strong Brazilian currency but capped by lackluster fundamentals, while coffee and cocoa also rose. March raw sugar settled up 0.03 cent, or 0.2 perce

Published 10 Oct, 2018 12:00am

Gold dips in New York

Gold fell to its lowest level in a week on Monday as investors sought safety in the US dollar on concerns about a selloff in global stocks worsened by worries over economic growth in China. Spot gold dipped 1.4 percent to $1,185.81 an ounce by 1355 p.m. E

Published 10 Oct, 2018 12:00am

Currency

Gold nudges up in Asia

Gold prices edged higher on Tuesday as risk appetite fell, with Asian stocks slipping to 17-month lows amid concerns over a potential slowdown in China's economic growth. Spot gold was up 0.2 percent at $1,189.58 an ounce at 0715 GMT. On Monday, it fell 1

Published 10 Oct, 2018 12:00am

Gold steadies in European trade

Gold prices were steady on Tuesday as pressure from a stronger dollar and a higher US interest rate outlook were balanced by risk aversion as stock markets sold off around the globe. Spot gold was little changed at $1,187.55 per ounce at 1512 GMT. Prices

Published 10 Oct, 2018 12:00am

Currency

US MIDDAY: soyabeans sink

US soyabean futures retreated on Tuesday as the market braced for an anticipated increase in the government's 2018 harvest forecast and amid concerns of a prolonged trade war with China, the world's top soyabean importer. Corn futures followed soyabeans l

Published 10 Oct, 2018 12:00am

US MIDDAY: gold flat

Gold was steady on Tuesday as pressure from the dollar's strength and a bullish US rate outlook was balanced by falling stock markets. Spot gold was unchanged at $1,188.20 per ounce as of 1422 p.m. EDT (1822 GMT), after earlier touching its lowest since S

Published 10 Oct, 2018 12:00am

Managing external account - fiscal policy

Further to my earlier article "Managing the external account - monetary policy", this is the second article of the three-part series of my articles on managing external account.

Published 10 Oct, 2018 12:00am

Last five years: Only 99 ships anchored at Gwadar port, Senate body told

Senate Standing Committee on Maritime Affairs was informed on Tuesday that only 99 cargo ships had been anchored at Gwadar port in last five years, out of which 42 ships came from China.

Published 10 Oct, 2018 12:00am

PPP senator slams PTI government for price hike

Senator Mustafa Nawaz Khokhar, the spokesman for Chairman Pakistan Peoples Party Bilawal Bhutto-Zardari, has said that the PTI government has pushed country towards several crises.

Published 10 Oct, 2018 12:00am

SSGCL, SNGPL's deficit to hover around Rs 58 billion by end-fiscal year

The deficit of Sui Southern Gas Company (SSGCL) and Sui Northern Gas Pipeline Limited (SNGPL) will hover around Rs 58 billion by the end of the current financial year despite an increase of 143 percent in gas prices on September 27.

Published 10 Oct, 2018 12:00am

Mutual Funds

Balochistan Glass Limited

Incorporated as a public limited company in 1980, Balochistan Glass Limited (PSX: BGL) manufactures and sells glass containers, tableware and plastic shells. It commenced operations in 1983 and was acquired by the Gharibwal Group in 1999.

Published 10 Oct, 2018 12:00am

Mutual Funds

Balochistan Glass Limited

Published 10 Oct, 2018 12:00am

Rural women's empowerment: Reckitt Benckiser launches 'Hope'

In a bid to empower the women of rural areas of Punjab, the Reckitt Benckiser Pakistan has launched a project 'Hope' aiming at transforming rural women as change agents within their own communities and inspiring others to live healthier lives.

Published 10 Oct, 2018 12:00am

Cloud transformation drive: Pakistan posts robust growth: Oracle head

Pakistan has posted a robust growth in cloud transformation drive over the past few years with companies adopting emerging technologies to boost up their businesses, Country Head Applications at Oracle-Pakistan Syed Azam Abidi said on Tuesday.

Published 10 Oct, 2018 12:00am

SHC issues guidelines for investigation of sexual offences

Sindh High Court (SHC) has issued guidelines for investigation of sexual offences following hearing of a case related to rape with a three-and-half-year-old girl. An order of SHC bench headed by Justice Salahuddin Panhwar stated that main responsibility o

Published 10 Oct, 2018 12:00am

Workshop on diarrhoea prevention held

Nutrition International (NI) on Tuesday organized a provincial orientation workshop for journalists and media personnel on management and prevention of diarrhoea in children younger than five years. The workshop focused on the harmful effects of diarrhoea

Published 10 Oct, 2018 12:00am

SWC takes notice of Talpur Road's food street

Sindh Water Commission (SWC) on Tuesday took notice of establishment of food street on Mir Karam Ali Khan Talpur Road opposite Empress Market Saddar and directed the civic and police authorities to appear in the proceedings on October 11, 2018 in this reg

Published 10 Oct, 2018 12:00am

Currency

PSP chief demands economic emergency

Pak Sarzameen Party (PSP) chairman Mustafa Kamal on Tuesday called for declaring economic emergency in the country by showing serious concern over the rapid increase in the value of dollar against rupee. PSP chief in a statement said new government has mi

Published 10 Oct, 2018 12:00am

SBP to issue Rs 50 Sir Syed Ahmed Khan commemorative coin

Sir Syed Ahmed Khan was a renowned author, educationist and Muslim reformer of 19th Century, who laid the foundation of Muslim renaissance in Indo Pak sub-continent, which ultimately led to the creation of Pakistan in 1947. On 17th October 2017 the 200th

Published 10 Oct, 2018 12:00am

Centre accused of not providing relief to Tharis

Advisor to Chief Minister Sindh on Information, Law and Anti-Corruption Barrister Murtaza Wahab has said despite the notices were taken on Thar situation by the President and Prime Minister of Pakistan, no step has yet been taken by the federal government

Published 10 Oct, 2018 12:00am

Governor visits SU

Governor Sindh Imran Ismail has said that he was the first-ever governor to have opened Sindh Governor's House to public to whom it essentially belonged. "I feel elated when I see common-folk of the country come visit Sindh Governor's House. I feel more d

Published 10 Oct, 2018 12:00am

Ports and shipping sector: minister highlights importance of automation

Karachi Port Trust (KPT) hosted World Maritime Day Conference at a local hotel on Tuesday. The inaugural session and the technical sessions were chaired by Minister for Maritime Affairs Syed Ali Haider Zaidi which was attended by stakeholders belonging to

Published 10 Oct, 2018 12:00am

Gas price hike: SHC asks government & others to submit replies by October 18

Sindh High Court (SHC) on Tuesday issued notices to federal government and others over the gas price hike and ordered them to submit their replies by October 18, 2018. A division bench headed by Justice Muhammad Ali Mazhar issued the notices after Sindh C

Published 10 Oct, 2018 12:00am

Nestlé, UVAS to work on agricultural water efficiency project

As part of its caring for water initiative, Nestlé Pakistan in collaboration with University of Veterinary and Animal Sciences (UVAS) inaugurated their latest Agricultural Water Efficiency Project at UVAS Ravi Campus, Pattoki.

Published 10 Oct, 2018 12:00am

LHC seeks reply from government in plea against ban on kite flying

The Lahore High Court sought detailed reply from the Punjab government by October 29 in a petition of District Kite Flying Association challenging the imposition of ban on 'Basant'.

Published 10 Oct, 2018 12:00am

Bodies formed to check encroachment in Punjab

The Punjab government has decided to set up anti-encroachment committees in every district to monitor the ongoing operation against land-grabbers and encroachments. In this regard, a notification was issued on Tuesday. All the deputy commissioners of the

Published 10 Oct, 2018 12:00am

PBIT hails Saudi Arabia's interest in investment

Punjab Board of Investment and Trade welcomed a high profile Saudi delegation led by Meshal Al Otaibi, General Manager, ARE Consultants and a number of key overseas Pakistani Diaspora interested to invest in Pakistan.

Published 10 Oct, 2018 12:00am

Huge gap between imports, export a challenge for government: PHMA

Widening gap between import and export is a challenge for the government as well as for the under training trade and commerce officers of the commerce and textile ministry, said Pakistani Hosiery and Manufacturers & Exporters Association (PHMA) North Zone

Published 10 Oct, 2018 12:00am

Rs 10 billion allocated for health card scheme: minister

Denmark would help Punjab in its endeavours to promote healthy life at public level for prevention of diabetes and six healthy rooms at six selected schools of three districts would be established in this regard.

Published 10 Oct, 2018 12:00am

Law officers' appointment: LHC seeks reply from Punjab AG

The Lahore High Court on Tuesday sought reply from Advocate General Punjab by November 22 about the procedure for appointment of law officers in the province.

Published 10 Oct, 2018 12:00am

Female cycling race held at UAF

The University of Agriculture Faisalabad on Tuesday arranged female cycling race held in connection with Space Week celebrations in which 28 students of the Laboratory High School participated.

Published 10 Oct, 2018 12:00am

Nutrition International hosts orientation workshop

The Nutrition International (NI) organized a provincial orientation workshop on Tuesday for journalists and media personnel on diarrhea prevention and management in children younger than five years. The workshop focused on the harmful effects of diarrhea

Published 10 Oct, 2018 12:00am

Domestic cement consumption up 18.90 percent in September

Domestic cement consumption bounced back in September after two months of lackluster growth registering a double digit increase compared with domestic consumption in the same month of last year. The continued buoyancy in exports helped the sector post an

Published 10 Oct, 2018 12:00am

Currency

LCCI for resolving issue of rupee devaluation

The Lahore Chamber of Commerce and Industry has urged the government to direct Ministry of Finance and State Bank of Pakistan to immediately intervene in the matter of rupee devaluation as it is bound to hit all the sectors of economy hard.

Published 10 Oct, 2018 12:00am

PepsiCo launches third edition of 'Change the Game Challenge'

The Change the Game Challenge, launched by PepsiCo for the first time in 2016, is back. The goal of the competition is to harness ideas from youth on how to solve real business issues. For this year's Change the Game Challenge, participants are being aske

Published 10 Oct, 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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