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Print - 2019-02-26
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (February 25, 2019).

Published 26 Feb, 2019 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (February 25, 2019).

Published 26 Feb, 2019 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (February 25, 2019).

Published 26 Feb, 2019 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (February 25, 2019).

Published 26 Feb, 2019 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (February 25, 2019).
Published 26 Feb, 2019 12:00am
Currency notes: exchange rates
Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Monday (February 25, 2019).

Published 26 Feb, 2019 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Monday (February 25, 2019).

Published 26 Feb, 2019 12:00am
Barclays bid rates and maximum rates for payment of interest

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 26 Feb, 2019 12:00am
State Bank of Pakistan conversion rates
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 26 Feb, 2019 12:00am
Asia's gasoline crack hits over six-week high
Currency

Asia's gasoline crack hits over six-week high

Asia's gasoline crack extended gains to reach 64 cents a barrel premium to Brent crude, highest since January 8 as firm demand from Indonesia provided support. Indonesia is Asia's top gasoline importer as its refining capacity is insufficient to meet dema
Published 26 Feb, 2019 12:00am
Argentine soya crop in mostly good condition

Argentine soya crop in mostly good condition

Argentina's soya crop is in mostly good condition with recent hot, dry weather helping to stabilize flooded areas, keeping the country on track for a 53-million-tonne harvest, the Buenos Aires Grains Exchange said on Thursday. "More than half of the area
Published 26 Feb, 2019 12:00am
Asia's top rice exporting hubs grapple with slack demand
Currency

Asia's top rice exporting hubs grapple with slack demand

Rice export markets in India and Thailand were pressured this week by slack demand as harvests poured in, continuing a slow trend in top Asian hubs this year, while Vietnam struggled with a growing stockpile exacerbated by Chinese import restrictions. In
Published 26 Feb, 2019 12:00am
Vietnamese farmers hold coffee beans due to low prices

Vietnamese farmers hold coffee beans due to low prices

Vietnamese farmers held back from selling coffee beans this week due to low prices after harvest ended last month, while trading in Indonesia remained muted due to a lack of supply. Farmers in the Central Highlands, Vietnam's largest coffee growing area,
Published 26 Feb, 2019 12:00am
India, Singapore gold buyers cash in on slight price correction

India, Singapore gold buyers cash in on slight price correction

Physical gold demand in Japan slackened this week as prices rallied, while a market correction towards the latter half of the week lured some buyers back in India and Singapore. In Japan, the metal was sold at a discount of about 75 cents to the global be
Published 26 Feb, 2019 12:00am
EU spring barley sowing gets early boost from warm spell

EU spring barley sowing gets early boost from warm spell

Unseasonably mild weather in Europe has allowed a swift start to spring barley sowing, reinforcing the prospect of a rebound in production after a drought-hit EU barley harvest last year. In France, the European Union's largest grain producer, farmers had
Published 26 Feb, 2019 12:00am
Cotton prices up on subdued business
Cotton

Cotton prices up on subdued business

Prices tended higher on the local cotton market on Monday in the process of slow trading, dealers said. The official spot rate appreciated by Rs 100 to Rs 8,600, they added. In the ready session, about 3000 bales of cotton changed hands between Rs 8600-88
Published 26 Feb, 2019 12:00am
Top rubber producers plan to curb exports

Top rubber producers plan to curb exports

The world's top producers of natural rubber said in a joint statement on Friday they will curb exports by up to 300,000 tonnes in a bid to prop up global prices for the commodity. The curb, formally known as the Agreed Export Tonnage Scheme (AETS), was an
Published 26 Feb, 2019 12:00am
PMEX daily trading report
Cotton

PMEX daily trading report

On Friday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,728. The traded value of Metals, Energy and COTS/FX was recorded at PKR 8.468 billion and the number of lots traded 10,302.
Published 26 Feb, 2019 12:00am
China allows corn, barley imports from Uruguay

China allows corn, barley imports from Uruguay

China has allowed imports of corn and barley from Uruguay starting this month, two separate notices from the General Administration of Customs said on Tuesday. Barley from Uruguay that meets quarantine requirements can be imported from Feb. 15, the first
Published 26 Feb, 2019 12:00am
European gasoline margins rise

European gasoline margins rise

Northwest European gasoline refining margins rose on Thursday after stocks in northwest Europe and the United States posted large declines. Gasoline stocks in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub fell in the week to Thursday by o
Published 26 Feb, 2019 12:00am
Euronext wheat futures higher

Euronext wheat futures higher

Euronext wheat futures ended flat to higher on Friday, with front-month prices buoyed by larger-than-expected US export sales, while further out positions were more subdued. May milling wheat, the most active contract on Paris-based Euronext, settled unch
Published 26 Feb, 2019 12:00am
China's iron ore posts first weekly loss in 2019

China's iron ore posts first weekly loss in 2019

China's benchmark iron ore futures ticked higher in volatile trade on Friday, but posted their first weekly loss this year as demand for the steel-making raw material remained weak, despite concerns over supply. The most-active iron ore contract, for May
Published 26 Feb, 2019 12:00am
Activities at Karachi and Qasim Ports

Activities at Karachi and Qasim Ports

The Karachi Port handled 196,309 tonnes of cargo comprising 109,812 tonnes of import cargo and 86,497 tonnes of export cargo including 6,094 loaded and empty containers during the last 24 hours ending at 0700 hours on Monday. The total import cargos of 10
Published 26 Feb, 2019 12:00am
Canadian canola futures fall

Canadian canola futures fall

ICE Canadian canola futures dipped on Friday for the sixth time in seven sessions, pressured by technical selling and strength in the Canadian dollar. March canola lost $1.10 to $473.70 per tonne. Most-active May canola shed $1.50 to $481.40 per tonne. Ma
Published 26 Feb, 2019 12:00am
CBOT corn futures mixed

CBOT corn futures mixed

Chicago Board of Trade corn futures ended mixed on Friday as traders awaited news on trade talks between Washington and Beijing that could accelerate Chinese imports of US farm goods. CBOT March corn sagged 1/4 cent to $3.75-1/4 per bushel. May corn rose
Published 26 Feb, 2019 12:00am
CBOT soyabean futures stumble

CBOT soyabean futures stumble

Chicago Board of Trade soyabean futures slipped on Friday on technical selling and amid concerns about competition for export business on the global market. CBOT March soyabeans closed the day down 3/4 cent at $9.10-1/4 per bushel. CBOT March soyameal fel
Published 26 Feb, 2019 12:00am
CBOT wheat futures unchanged

CBOT wheat futures unchanged

Chicago Board of Trade wheat futures settled near unchanged on Friday as uncertainty over US-China trade talks fueled choppy trading in agricultural markets. CBOT March soft red winter wheat rose 1/4 cent to $4.86-3/4 a bushel. The most active May contrac
Published 26 Feb, 2019 12:00am
Italy's bonds recover

Italy's bonds recover

Italian government bonds outperformed the broader euro zone market on Monday, with yields dropping by as much as 12 basis points after Fitch affirmed Italy's credit rating at BBB. President Donald Trump's delaying of an increase in US tariffs on Chinese g
Published 26 Feb, 2019 12:00am
Italy's bonds recover

Italy's bonds recover

Italian government bonds outperformed the broader euro zone market on Monday, with yields dropping by as much as 12 basis points after Fitch affirmed Italy's credit rating at BBB. President Donald Trump's delaying of an increase in US tariffs on Chinese g
Published 26 Feb, 2019 12:00am
Tokyo stocks up
Currency

Tokyo stocks up

Tokyo stocks gained moderately on Monday, supported by optimism over a US-China trade deal. The benchmark Nikkei 225 index rose 0.48 percent, or 102.72 points, to close at 21,528.23 while the broader Topix index was up 0.71 percent, or 11.35 points, at 1,
Published 26 Feb, 2019 12:00am
Sri Lankan stocks fall

Sri Lankan stocks fall

Sri Lankan shares and the rupee closed weaker on Monday, with investors awaiting cues from next week's budget and the outcome of talks between government authorities and the IMF, market source said. The Colombo Stock Exchange index closed lower for a sixt
Published 26 Feb, 2019 12:00am
Southeast Asia stocks climb on trade optimism

Southeast Asia stocks climb on trade optimism

Southeast Asian stock markets rose on Monday, in line with broader Asia, after US President Donald Trump said he would delay a planned tariff hike on Chinese goods following "productive" trade negotiations. Trump tweeted on Sunday that he would push back
Published 26 Feb, 2019 12:00am
China shares, yuan soar; Hong Kong lags

China shares, yuan soar; Hong Kong lags

Chinese stocks posted their biggest single-day gains in more than three years on Monday after US President Donald Trump said he would delay an increase in tariffs on Chinese goods thanks to "productive" trade talks.
Published 26 Feb, 2019 12:00am
Indian shares rise

Indian shares rise

Indian shares followed their Asian peers higher after US President Donald Trump confirmed he would delay a planned tariff increase on Chinese imports, allaying fears around global growth. Asian shares scaled a 5-month peak as talks between Washington and
Published 26 Feb, 2019 12:00am
Australian, New Zealand shares up

Australian, New Zealand shares up

Australian shares ended higher on Monday, with resource stocks in favour after US President Donald Trump announced a delay in planned tariff hikes on Chinese goods due to progress made in trade negotiations, although weaker utilities capped gains. The S&P
Published 26 Feb, 2019 12:00am
Bank stocks biggest boost to UK top shares index

Bank stocks biggest boost to UK top shares index

London's blue-chip index squeezed out gains on Monday as banks got a boost from comments about a possible Brexit delay, while housebuilders were hit by reports the government was worried about Persimmon's handling of a state house-funding scheme. The FTSE
Published 26 Feb, 2019 12:00am
Money, money, money: It's a rich man's world among UK's high earners

Money, money, money: It's a rich man's world among UK's high earners

Almost 80 percent of high earners in Britain are male and the gender pay gap among the nation's richest will not close for another 36 years at current rates of progress, a study showed on Monday. Some 79 percent of the 860,000 Britons earning more than 10
Published 26 Feb, 2019 12:00am
China's foreign investment law rushed to appease US: EU firms

China's foreign investment law rushed to appease US: EU firms

European businesses said Monday they fear a Chinese foreign investment law allegedly fast-tracked by Beijing to meet Washington's demands on trade has inadequate protections against forced technology transfers.
Published 26 Feb, 2019 12:00am
Nutella factory reopens after 'quality defect'

Nutella factory reopens after 'quality defect'

The world's largest Nutella factory restarted production on Monday after it stopped work for five days as a precautionary measure over a "quality defect", owner Ferrero's French branch said. The factory in Normandy, France stopped making the chocolate-and
Published 26 Feb, 2019 12:00am
Germany fines BMW 8.5 million euros

Germany fines BMW 8.5 million euros

German prosecutors said Monday they had fined high-end carmaker BMW 8.5 million euros ($9.6 million) over diesel cars with higher harmful emissions than allowed, while adding the infraction was down to error rather than deliberate fraud. "Munich prosecuto
Published 26 Feb, 2019 12:00am
UK and US strike post-Brexit financial trades deal

UK and US strike post-Brexit financial trades deal

Britain and the United States agreed Monday to maintain how multi-trillion dollar financial transactions are carried out between the two countries after Brexit, aiming to avoid market uncertainty when the UK leaves the EU. "Market participants can be assu
Published 26 Feb, 2019 12:00am
Corporate debt risks weighing on world growth: OECD

Corporate debt risks weighing on world growth: OECD

Record levels of corporate borrowing could become a risk for the world economy if slowing growth prevents companies from redeeming their maturing bonds over the next few years, the OECD warned on Monday.
Published 26 Feb, 2019 12:00am
US wholesale inventories post biggest rise in over five years

US wholesale inventories post biggest rise in over five years

US wholesale inventories increased by the most in more than five years in December as sales fell for a third straight month, suggesting an unintended piling up of goods at wholesalers that could be flagging a slowdown in demand.
Published 26 Feb, 2019 12:00am
Banks losing battle to be no-deal Brexit ready

Banks losing battle to be no-deal Brexit ready

Major banks are still not ready for a 'no-deal' Brexit as they grapple with delays in licences for new European Union businesses, staffing problems and snags in redrafting contracts.
Published 26 Feb, 2019 12:00am
Khachanov, Raonic suffer early exits in Dubai

Khachanov, Raonic suffer early exits in Dubai

Karen Khachanov and Milos Raonic suffered surprise first-round exits at the Dubai Championships on Monday as the event prepared for the return of Roger Federer. Georgian Nikoloz Basilashvili stunned Russian fourth seed Karen Khachanov 6-4, 6-1, while worl
Published 26 Feb, 2019 12:00am
Records tumble as Afghan cricket legend grows

Records tumble as Afghan cricket legend grows

The rise of Afghan cricket is one of the great sporting fairy-tales and it is showing no signs of ending after their record-breaking Twenty20 series sweep over Ireland. Spin king Rashid Khan became the first bowler to take four wickets in four balls in a
Published 26 Feb, 2019 12:00am
Polo Championship for Quaid-e-Azam Gold Cup begins

Polo Championship for Quaid-e-Azam Gold Cup begins

The International Steels Limited National Open Polo Championship for the Quaid-e-Azam Gold Cup 2019 will stroll into action here at Lahore Polo Club ground from Tuesday (today). Lahore Polo Club (LPC) President Malik Atif Yar Tiwana and International Stee
Published 26 Feb, 2019 12:00am
AB de Villiers signs to play T20 for Middlesex

AB de Villiers signs to play T20 for Middlesex

AB de Villiers has signed to play for English county side Middlesex in the Twenty20 Blast, the club announced on Monday. The South African batsman is a second significant marquee signing for head coach Stuart Law, following the announcement that Afghan sp
Published 26 Feb, 2019 12:00am
'Racist' Serena Williams cartoon given Australian all-clear

'Racist' Serena Williams cartoon given Australian all-clear

A controversial Australian newspaper cartoon of Serena Williams which was blasted as racist and sexist did not breach media standards, the country's press watchdog ruled Monday. Melbourne Herald-Sun illustrator Mark Knight's caricature in September showed
Published 26 Feb, 2019 12:00am
Man City win League Cup final

Man City win League Cup final

Manchester City retained the League Cup by edging Chelsea 4-3 on penalties on Sunday after an incredible bust-up between Chelsea boss Maurizio Sarri and goalkeeper Kepa Arrizabalaga. The Italian tried to replace the world's most expensive player towards t
Published 26 Feb, 2019 12:00am
Sale of tickets for PSL matches in Karachi, Lahore begins

Sale of tickets for PSL matches in Karachi, Lahore begins

The sale of tickets for five matches at Karachi and three matches at Lahore for the fourth edition of Pakistan Super League (PSL) has been started at 55 designated TCS Express Centres across the country. The tickets for the eliminator and the qualifier ra
Published 26 Feb, 2019 12:00am
Aussie, yuan rise in Asian trade
Currency

Aussie, yuan rise in Asian trade

The Aussie dollar and the Chinese yuan rose on Monday after US President Donald Trump said he will delay an increase in tariffs on Chinese goods, citing "productive" trade talks, and that he and Chinese President Xi Jinping would hold a summit to seal a d
Published 26 Feb, 2019 12:00am
Yuan, commodity units up in Europe

Yuan, commodity units up in Europe

China's yuan touched a seven-month high and the commodity-linked Australian and New Zealand dollars gained on Monday after US President Donald Trump confirmed he would delay a planned hike in tariffs on Chinese imports. Trump said on Sunday that he would
Published 26 Feb, 2019 12:00am
Aussie, kiwi climb
Currency

Aussie, kiwi climb

The Australian dollar started the week on a firm footing, helped by improved risk sentiment across Asian markets on hopes the United States and China will soon resolve their trade war, while the New Zealand currency was boosted by solid economic data. Sup
Published 26 Feb, 2019 12:00am
Asian currencies move higher
Currency

Asian currencies move higher

Asian currencies firmed on Monday after US President Donald Trump delayed increasing tariffs on $200 million of imports from China after "productive" trade negotiations, which boosted risk appetites. Early on Monday, the yuan rose as much as 0.6 percent o
Published 26 Feb, 2019 12:00am
Zimbabwe vows fiscal discipline as it launches new currency
Currency

Zimbabwe vows fiscal discipline as it launches new currency

Zimbabwe's new currency will be backed up with fiscal discipline, Finance Minister Mthuli Ncube said on Monday, adding that the government would allow the RTGS dollar to fluctuate but would manage excessive volatility. Ncube spoke to Reuters as the centra
Published 26 Feb, 2019 12:00am
Sterling extends weekly gains
Currency

Sterling extends weekly gains

Sterling edged higher on Monday while derivative markets braced for a rocky ride as traders considered whether the British government might delay Brexit if Prime Minister Theresa May fails to secure support in parliament for her withdrawal deal. Britain's
Published 26 Feb, 2019 12:00am
Cabinet approves Sindh doctors' salaries at par with Punjab's

Cabinet approves Sindh doctors' salaries at par with Punjab's

The Sindh Cabinet on Monday decided to bring the remuneration of the doctors of Sindh government at par with the salaries of Punjab's doctors which required additional Rs 5.6 billion per annum. However, the cabinet also decided that there would be appropr
Published 26 Feb, 2019 12:00am
Senate drops OIC's appreciation out of a resolution

Senate drops OIC's appreciation out of a resolution

The Senate on Monday dropped OIC's appreciation out of a resolution on post-Pulwama attack developments for its invitation to India to attend OIC Foreign Ministers' Conclave to be held in the UAE next week. The objection over joint resolution's text was r
Published 26 Feb, 2019 12:00am
Protest against India held

Protest against India held

Residents of Landi Kotal on Monday held a protest demonstration against India for threatening Pakistan after Pulwama attack. Activists of political parties, transporters and members of civil society organizations participated in the protest. Carrying nati
Published 26 Feb, 2019 12:00am
Two TMA workers killed in DI Khan

Two TMA workers killed in DI Khan

Two workers of the Tehsil Municipal Committee (TMA) were killed when unknown armed men opened firing in Islamia Colony area of Dera Ismail Khan, police source informed here on Monday. According to police sources, unknown armed men opened indiscriminate fi
Published 26 Feb, 2019 12:00am
OUP MD implies publishing industry growth to Rs 32 billion

OUP MD implies publishing industry growth to Rs 32 billion

Oxford University Press (OUP) Managing Director (MD) Arshad Saeed Husain has said that size of publishing industry in Pakistan has potential to grow up to Rs 32 billion in next five years if piracy of books is checked. "Presently, it is rupees 16 billion
Published 26 Feb, 2019 12:00am
Metro buses collision: Buzdar seeks report

Metro buses collision: Buzdar seeks report

The Punjab chief minister Sardar Usman Buzdar has sought a report about the collision of metro buses near Gajumata in Lahore. He has directed the Punjab Mass Transit Authority to submit a comprehensive report and action be initiated after identification o
Published 26 Feb, 2019 12:00am
Karandaaz, ABL sign agreement

Karandaaz, ABL sign agreement

Karandaaz Pakistan under its third round of Innovation Challenge Fund (ICF) has signed an agreement with the Allied Bank Limited (ABL) to support the bank for developing an innovative, cash-flow based, credit scoring model for small and medium enterprises
Published 26 Feb, 2019 12:00am
Karandaaz, ABL sign agreement

Karandaaz, ABL sign agreement

Karandaaz Pakistan under its third round of Innovation Challenge Fund (ICF) has signed an agreement with the Allied Bank Limited (ABL) to support the bank for developing an innovative, cash-flow based, credit scoring model for small and medium enterprises
Published 26 Feb, 2019 12:00am
Byco reports gross profit of Rs 1.4 billion amid challenging environment

Byco reports gross profit of Rs 1.4 billion amid challenging environment

Pakistan's leading oil company, Byco Petroleum Pakistan Ltd. (BPPL), on Monday announced financial results for the six months ending on 31 December 2018. The Company's gross sales increased by an impressive 52 percent during the first half of the fiscal y
Published 26 Feb, 2019 12:00am
Byco reports gross profit of Rs 1.4 billion amid challenging environment

Byco reports gross profit of Rs 1.4 billion amid challenging environment

Pakistan's leading oil company, Byco Petroleum Pakistan Ltd. (BPPL), on Monday announced financial results for the six months ending on 31 December 2018. The Company's gross sales increased by an impressive 52 percent during the first half of the fiscal y
Published 26 Feb, 2019 12:00am
Duties, taxes on soyabean oil import discussed

Duties, taxes on soyabean oil import discussed

Ministry of Commerce and local ghee and cooking oil industry on Monday discussed issues of imposition of duties and taxes on import of soyabean oil, duty and tax remission for export (DTRE) scheme and harmonization of standards under World Trade Organizat
Published 26 Feb, 2019 12:00am
Duties, taxes on soyabean oil import discussed

Duties, taxes on soyabean oil import discussed

Ministry of Commerce and local ghee and cooking oil industry on Monday discussed issues of imposition of duties and taxes on import of soyabean oil, duty and tax remission for export (DTRE) scheme and harmonization of standards under World Trade Organizat
Published 26 Feb, 2019 12:00am
Tariff rationalisation body may be formed

Tariff rationalisation body may be formed

The government is likely to constitute a tariff rationalisation committee for comprehensive changes in customs tariff on the import of raw materials, inputs, intermediary goods and finished products used by local manufacturing industries and sectors. Sour
Published 26 Feb, 2019 12:00am
PK-30 Mansehra-I: Polling on vacant seat today

PK-30 Mansehra-I: Polling on vacant seat today

Polling for the vacant seat of Khyber Pakhtunkhwa Assembly PK-30, Mansehra-I will be held on Tuesday (today). As per the Election Commission of Pakistan, polling will begin at 8.00 am and will remain continue till 5:00 pm without any break.
Published 26 Feb, 2019 12:00am
Security Papers Limited
Mutual Funds

Security Papers Limited

Security Papers Limited (PSX: SPL) is a manufacturer of banknote paper and other security papers including prize bonds, saving certificates, non-judicial stamp paper, certificate paper for educational boards and degree paper for universities. SPL was esta
Updated 26 Feb, 2019 06:41am
Security Papers Limited
Mutual Funds

Security Papers Limited

Security Papers Limited (PSX: SPL) is a manufacturer of banknote paper and other security papers including prize bonds, saving certificates, non-judicial stamp paper, certificate paper for educational boards and degree paper for universities. SPL was esta
Published 26 Feb, 2019 12:00am