News Archives for Print - 2019-01-16

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (January 15, 2019).

Published 16 Jan, 2019 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Tuesday (January 15, 2019).

Published 16 Jan, 2019 12:00am

Libor

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Tuesday (January 15, 2019).

Published 16 Jan, 2019 12:00am

Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Tuesday (January 15, 2019).

Published 16 Jan, 2019 12:00am

Currency

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Tuesday (January 15, 2019).

Published 16 Jan, 2019 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (January 15, 2019).

Published 16 Jan, 2019 12:00am

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 16 Jan, 2019 12:00am

Currency

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 16 Jan, 2019 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 16 Jan, 2019 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 16 Jan, 2019 12:00am

Aaj TV - Wednesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 16 Jan, 2019 12:00am

Banks buoy Saudi market, DAMAC drags down Dubai

Saudi Arabia's stock market rose on Tuesday, as rebounding oil prices lifted all its banks, while the Dubai index was pulled down by a plunge in shares of DAMAC Properties.

Published 16 Jan, 2019 12:00am

Australian shares up; New Zealand down

Australian shares ended firmly higher on Tuesday, tracking Asian peers, as the country's biggest trade partner China signalled more stimulative measures to tackle domestic growth worries. The S&P/ASX 200 index, which fell the two previous sessions, gained

Published 16 Jan, 2019 12:00am

Nikkei climbs

Japan's Nikkei rose to a near one-month high on Tuesday, supported by buying of electronic component makers and other exporters as a weaker yen boosted sentiment.

Published 16 Jan, 2019 12:00am

Tuesday's early trade: Netflix, tech rally lift Wall Street

US stocks rose on Tuesday as Netflix spurred a rally in technology and internet stocks and UnitedHealth posted strong results, while hopes of more stimulus for China's slowing economy encouraged buying in risky assets.

Published 16 Jan, 2019 12:00am

China worries weigh on Wall Street, earnings expectations fall

US stocks declined on Monday as an unexpected drop in China's exports reignited worries of a global economic slowdown and prompted caution among investors as the corporate earnings season kicked off.

Published 16 Jan, 2019 12:00am

Brazil stocks ease off record highs

Brazil's benchmark stock index eased off record-high levels in see-saw trade on Tuesday as banking shares slipped but the retail sector notched robust gains, while most Latin American currencies dipped against a strong dollar.

Published 16 Jan, 2019 12:00am

Treasury yields climb in thin volume

US Treasury yields advanced on Monday in thin trading as risk sentiment improved and Wall Street shares trimmed losses, with the overall bond market in consolidation mode after volatile moves in the last two weeks.

Published 16 Jan, 2019 12:00am

Treasury yields climb in thin volume

Published 16 Jan, 2019 12:00am

Indian shares up

Indian shares ended higher on Tuesday, with the benchmark BSE index marking its best closing level in nearly a month, after retail inflation rate fell to an 18-month low, raising optimism that the central bank could ease monetary policy next month.

Published 16 Jan, 2019 12:00am

China stocks rally

Chinese stocks climbed on Tuesday as Beijing signalled more stimulus measures, a day after the world's second largest economy posted weaker-than-expected December trade data.

Published 16 Jan, 2019 12:00am

European shares up, helped by China stimulus hopes

European shares rose on Tuesday after China signalled more stimulus measures to soften the blow from a tariff war with the United States, although fresh worries over bad loans hit Italian banks and uncertainty dominated ahead of a key Brexit vote.

Published 16 Jan, 2019 12:00am

Hong Kong shares advance

Hong Kong stocks advanced on Tuesday after Chinese officials pledged they would unveil a slew of measures to shore up economic growth, and reiterated confidence in the stability of yuan. The Hang Seng index settled 2 percent higher at 26,830.29 points. Th

Published 16 Jan, 2019 12:00am

Southeast Asian stocks rise on China stimulus hopes

Most Southeast Asian stock markets recovered on Tuesday, with Singapore hitting a near three-and-a-half-month closing high, after China signalled more stimulus to prop up its slowing economy.

Published 16 Jan, 2019 12:00am

British shares up, all eyes on Brexit deal vote

Britain's FTSE 100 rose on Tuesday on hopes Beijing will take steps to stabilise a slowing economy, while mid-caps edged up in choppy trade as investors remained cautious ahead of a crunch vote on British Prime Minister Theresa May's Brexit plan.

Published 16 Jan, 2019 12:00am

EU wants end to member state veto on tax

The European Commission on Tuesday proposed to end the veto power member states have over EU tax matters, an idea rejected by several smaller countries including low-tax hub Ireland.

Published 16 Jan, 2019 12:00am

German economy posts weakest growth in five years

The German economy grew by 1.5 percent in 2018, the weakest rate in five years and markedly slower than the previous year, preliminary data showed on Tuesday, in a sign that exporters in Europe's largest economy are being hit by trade tensions.

Published 16 Jan, 2019 12:00am

US charges suspected hacker, traders over SEC database hack

US authorities on Tuesday charged a suspected Ukrainian computer hacker and several traders with involvement in a scheme to trade on market-moving corporate earnings news stolen from a US Securities and Exchange Commission database.

Published 16 Jan, 2019 12:00am

Weak US producer prices support tame inflation picture

US producer prices dropped by the most in more than two years in December as the cost of energy products and trade services fell, adding to signs of tame inflation that may allow the Federal Reserve to be patient about raising interest rates this year.

Published 16 Jan, 2019 12:00am

Global debt ticks up, just shy of record high

Global debt grew 3.9 percent in the third quarter of 2018 compared to a year earlier and was up 0.7 percent compared to the previous quarter, the Institute of International Finance said in a report on Tuesday.

Published 16 Jan, 2019 12:00am

Opel helps France's PSA buck China, Iran auto downturn

French auto giant Groupe PSA, which makes the Citroen and Peugeot brands, reported record vehicle sales Tuesday as the acquisition of General Motors' Opel unit helped offset a sharp downturn in key markets China and Iran.

Published 16 Jan, 2019 12:00am

Three dead as Zimbabwe tightens crackdown over protests

Three people have been shot dead and many injured, Zimbabwe's main opposition party said Tuesday, as security forces crack down on protests triggered by a sharp, sudden rise in fuel prices.

Published 16 Jan, 2019 12:00am

VW, Ford announce alliance to build vans, pickups

Volkswagen and Ford announced a new alliance on Tuesday to jointly develop commercial vans and pickups starting in 2022, in a bid to reduce costs in the increasingly competitive auto market. The announcement came after more than six months of talks betwee

Published 16 Jan, 2019 12:00am

JPMorgan earnings surge

Earnings at JPMorgan Chase jumped in the fourth quarter, but not as much as expected due to weak trading activity and increased technology spending, according to results released Tuesday.

Published 16 Jan, 2019 12:00am

JPMorgan earnings surge

Earnings at JPMorgan Chase jumped in the fourth quarter, but not as much as expected due to weak trading activity and increased technology spending, according to results released Tuesday.

Published 16 Jan, 2019 12:00am

Saudi urges 'fair' energy transition, defends oil

Top oil exporter Saudi Arabia called Tuesday for a "fair" and gradual global energy transition as it unveiled an ambitious domestic renewable energy programme.

Published 16 Jan, 2019 12:00am

Former champion Azarenka dumped from Open at first hurdle

Former world number one and two-time champion Victoria Azarenka was dumped from the Australian Open at the first hurdle Tuesday, throwing away a one-set lead against Laura Siegemund.

Published 16 Jan, 2019 12:00am

Raonic blows away Aussie hope Kyrgios

Canadian Milos Raonic unleashed a "scary" display of ruthless serving to break the hearts of home fans and dismantle an ailing Nick Kyrgios 6-4, 7-6 (7/5), 6-4 on Tuesday.

Published 16 Jan, 2019 12:00am

Ominous Serena, Djokovic make Open statements

A focused Serena Williams sent an ominous Australian Open warning with a 49-minute first-round demolition Tuesday as world number one Novak Djokovic destroyed his opponent as he targets a record seventh title.

Published 16 Jan, 2019 12:00am

Koki Khel Zalmi clinch Afridyan trophy

Koki Khel Zalmi Eleven lifted the wining trophy by beating Qamber Cricket Club by six wickets in the final match of 2nd Afridyan Super League (ASL) cricket tournament being played here at Qamber cricket ground, in tehsil Bara of Khyber district.

Published 16 Jan, 2019 12:00am

Pakistan women camp for ICC Championship tomorrow

The national women's cricket team training camp for the ICC Women's Championship Round Four matches is commencing from Thursday (January 17).

Published 16 Jan, 2019 12:00am

India's Manu Sawhney named new ICC chief

The International Cricket Council on Tuesday named Manu Sawhney its new chief executive officer to replace David Richardson, who will step down after the World Cup in July.

Published 16 Jan, 2019 12:00am

Late winner as Aussies down Syria to go through

Tom Rogic's injury-time thunderbolt settled an Asian Cup thriller on Tuesday as defending champions Australia beat Syria 3-2 to reach the last 16 and knock out their war-torn rivals.

Published 16 Jan, 2019 12:00am

Dhoni, Kohli steer India to victory

Veteran wicketkeeper Mahendra Singh Dhoni steered India to a six-wicket victory over Australia in the second one-day international to level the series in Adelaide on Tuesday.

Published 16 Jan, 2019 12:00am

Shiffrin scorches to 53rd World Cup win

Olympic champion Mikaela Shiffrin continued her incredibly rich vein of form with her 53rd World Cup victory in Kronplatz's giant slalom on Tuesday.

Published 16 Jan, 2019 12:00am

Leeds probed by Football League over spying scandal

Championship leaders Leeds will be under a formal Football League investigation following Marcelo Bielsa's admission that he instructed a member of staff to spy on a Derby training session.

Published 16 Jan, 2019 12:00am

Currency

Dollar slips in Asia

The dollar weakened on Tuesday on heightened expectations the Federal Reserve will hold off on raising rates this year due to a slowdown in global growth, while sterling edged up ahead of Britain's parliamentary vote on its Brexit plan.

Published 16 Jan, 2019 12:00am

Currency

German slowdown hits euro in Europe

The euro fell on Tuesday after data showed Germany's economy slowed in 2018, underscoring fears about a broader slump in Europe.

Published 16 Jan, 2019 12:00am

Currency

Early trade in New York: Weak German data lifts dollar, sterling slips

The US dollar rose against the euro on Tuesday after data showed Germany's economy slowed in 2018, and sterling slipped ahead of a parliamentary vote on the United Kingdom's withdrawal from the European Union.

Published 16 Jan, 2019 12:00am

Currency

Safe-haven yen up against dollar in New York

A contraction in Chinese exports engendered fears of a slowdown in the world's second-largest economy, sparking a risk-off move Monday which hurt the US dollar against the Japanese yen, a safe-haven investment in times of geopolitical turmoil. Market sent

Published 16 Jan, 2019 12:00am

Aussie, kiwi up

The Australian and New Zealand dollars edged up on Tuesday as markets wagered a white-knuckle vote on the British government's latest Brexit plan would lessen the risk of a "no-deal" divorce, at least for the short term.

Published 16 Jan, 2019 12:00am

Most Asian units steady

Most Asian units firmed on Tuesday as China signalled further supportive measures to shore up its decelerating economy, after December trade data showed exports had fallen by the most in two years, hurt by a trade war with the United States.

Published 16 Jan, 2019 12:00am

Currency

Sterling slips

Sterling fell from a two-month high versus the dollar on Tuesday and volatility levels spiked as markets braced for parliament to give the thumbs-down to British Prime Minister Theresa May's Brexit deal later in the day.

Published 16 Jan, 2019 12:00am

CBOT wheat may rise to $5.22

CBOT March wheat may break a resistance at $5.18-1/2 per bushel, and rise to the next resistance at $5.22.

Published 16 Jan, 2019 12:00am

Asia naphtha cracks down as high supplies weigh

Asia's gasoline crack flipped to a discount on Tuesday, as pressure from high supplies pulled it back from the previous day's positive territory.

Published 16 Jan, 2019 12:00am

Cotton

PMEX daily trading report

On Monday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,653.

Published 16 Jan, 2019 12:00am

Asia fuel, oil hits record low

Asia's front-month viscosity spread, the price differential between front-month 180-cst and 380-cst high-sulphur fuel oil (HSFO) swaps, hit a record low on Tuesday amid ample supplies of low viscosity materials in the Singapore trading hub, traders said.

Published 16 Jan, 2019 12:00am

US soybean futures edged higher

US soybean futures edged higher on Tuesday, rebounding from a near two-week low touched in the previous session, though gains were checked amid fears about future demand from China; the world's largest importer.

Published 16 Jan, 2019 12:00am

China steel prices slip on demand concerns

China's steel futures came under pressure on Tuesday on renewed concerns over demand in the world's top consumer, but managed to close above session's lows on expectations of more government policy measures to stimulate a slowing economy. Prices retreated

Published 16 Jan, 2019 12:00am

Activities at Karachi and Qasim Ports

The Karachi Port handled 139,335 tonnes of cargo comprising 116,357 tonnes of import cargo and 22,978 tonnes of export cargo including 6,104 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday.

Published 16 Jan, 2019 12:00am

Cotton

Modest business after removal of import duty

Modest trading activity was witnessed on the cotton market on Tuesday just after the announcement of withdrawal of customs and sales tax duties on cotton, dealers said.

Published 16 Jan, 2019 12:00am

CBOT March corn may rise

CBOT March corn may rise into a range of $3.82-3/4 to $3.85 per bushel, as suggested by its wave pattern and a projection analysis.

Published 16 Jan, 2019 12:00am

CBOT soybean may end current weak bounce

CBOT soybean March contract may end its current weak bounce around the January 11 high of $9.12-1/4 and then retest a support at $9.02-1/4.

Published 16 Jan, 2019 12:00am

Broadway star Channing dies

Broadway icon Carol Channing, who starred in hit musicals including "Hello, Dolly!" and "Gentlemen Prefer Blondes," has died, her publicist said Tuesday. She was 97 years old.

Published 16 Jan, 2019 12:00am

White House spokesman quits to join lobbyists

A White House deputy spokesman who had been tasked with announcing the departure of officials in President Donald Trump's administration has himself become the latest to move on.

Published 16 Jan, 2019 12:00am

Hundreds of flights axed as fresh strike hits German airports

Hundreds of flights were cancelled at eight German airports Tuesday, including at the nation's busiest travel hub Frankfurt, as security staff walked off the job in a deepening row over pay.

Published 16 Jan, 2019 12:00am

Gbagbo in shock acquittal

The International Criminal Court acquitted former Ivory Coast president Laurent Gbagbo on Tuesday over a wave of post-electoral violence, in a stunning blow to the war crimes tribunal in The Hague.

Published 16 Jan, 2019 12:00am

Seoul drops 'enemy' reference to North Korea

Seoul crossed out a reference to nuclear-armed North Korea as its enemy in a defence white paper published Tuesday, amid rapidly warming ties despite stalled nuclear talks between Pyongyang and Washington.

Published 16 Jan, 2019 12:00am

Eurozone economy 'weaker than expected', warns Draghi

Economic developments in the eurozone have been "weaker than expected", European Central Bank chief Mario Draghi said Tuesday, stressing the need for continued monetary stimulus.

Published 16 Jan, 2019 12:00am

Palestinians strike

Thousands of Palestinians in the occupied West Bank joined a strike on Tuesday against their government's proposed new social security law, fearing the fund will be mismanaged.

Published 16 Jan, 2019 12:00am

Abbas says Israel blocks Middle East development

Palestinian president Mahmoud Abbas told the United Nations on Tuesday that Israel was hindering development in the Middle East with the occupation of Palestinian territories and again called for an independent state of Palestine.

Published 16 Jan, 2019 12:00am

First food aid in six months reaches two Yemen areas: UN

A slowdown in fighting in Yemen's Hodeida province has allowed the UN to deliver more than 3,000 tonnes of food to two areas for the first time in six months, the World Food Programme said Tuesday.

Published 16 Jan, 2019 12:00am

Nuclear arms treaty faces collapse after failed US-Russia talks

The survival of a key nuclear arms control treaty was cast further in doubt Tuesday after the US and Russia blamed each other for pushing the agreement to the brink of collapse. Senior diplomats from both countries met in Geneva amid widespread concern ov

Published 16 Jan, 2019 12:00am

Copper steadies as China points to further stimulus measures

Copper prices steadied on Tuesday as top consumer China signalled further stimulus measures to support economic growth and demand while US President Donald Trump raised hopes of reaching a trade deal with Beijing. Benchmark copper on the London Metal Exch

Published 16 Jan, 2019 12:00am

Norway awards record 83 exploration licenses in mature areas

Norway awarded a record 83 blocks to explore for petroleum resources in mature areas of the Norwegian continental shelf, in a sign of continuing interest from oil companies in the country's oil sector, the energy ministry said on Tuesday. A lack of large

Published 16 Jan, 2019 12:00am

Oil rises about 3 percent on economic stability hopes

Oil prices rose about 3 percent on Tuesday, along with world stock markets, supported by China's plan to introduce policies to stabilize a slowing economy, reversing the previous session's losses due to grim data in the world's second-largest economy. Bre

Published 16 Jan, 2019 12:00am

Tokyo rubber falls

Benchmark Tokyo rubber futures fell on Tuesday on weak Shanghai, as flat demand weighed on prices. Tokyo Commodity Exchange (TOCOM) futures, which set the tone for rubber prices in Southeast Asia, have been under pressure from high inventories and weak de

Published 16 Jan, 2019 12:00am

Vegetable Oil

Palm oil rebounds on stronger crude oil

Malaysian palm oil futures rose on Tuesday evening for their biggest daily advance in a week, rebounding from Monday's near two-week low, tracking gains in crude oil prices. Soyaoil's rise on the Chicago Board of Trade (CBOT) also supported prices, a trad

Published 16 Jan, 2019 12:00am

Paris wheat slips

Paris wheat futures were weaker on Tuesday, again facing headwinds because of worries whether west Europe's wheat exports will revive after a slow start to the season. March milling wheat, the most active contract on the Paris-based Euronext exchange, uno

Published 16 Jan, 2019 12:00am

Currency

Raw sugar hits near seven-week high as cocoa slides

Raw sugar futures on ICE climbed to their highest levels in nearly seven weeks on Tuesday as speculators covered short positions and oil prices rose, while New York cocoa tumbled to a three-week low. March raw sugar settled up 0.41 cent, or 3.2 percent, a

Published 16 Jan, 2019 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	158.33
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
India Sensex / Apr 26	73730.16
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Hang Seng / Apr 26	17651.15
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01

Item	Value
Crude Oil USD/Barrel / Apr 26	83.85
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Gold Spot USD/Ounce / Apr 26	2337.96
Cotton US¢/pound / Apr 26	80.90
Petrol/Litre / Apr 27	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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