News Archives for Print - 2019-08-29

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Print - 2019-08-29

New York cotton

The following were the fluctuations observed during the day:

Published 29 Aug, 2019 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 29 Aug, 2019 12:00am

Aaj TV - Thursday's schedule

All timings are in PST (Pakistan Standard Time).

Published 29 Aug, 2019 12:00am

Largest Captive Solar Power Plant in the Industry

Solar energy has the least negative impact on the environment compared to any other energy source. It does not emit greenhouse gases because electricity is produced from sunlight rather than burning fossil fuels. Being Green Energy it also has numerous ot

Published 29 Aug, 2019 12:00am

Message from HI(M) (Retd) Chief Executive Officer / Managing Director

Indeed a landmark achievement for Fauji Cement Company Limited (FCCL) to inaugurate 12.5 megawatts Solar Energy Park, one of the largest industrialized captive use of such energy in Pakistan.

Published 29 Aug, 2019 12:00am

Message from HI(M) (Retd) Chairman, Non-Executive Director

I would like to congratulate Fauji Cement on inauguration of its Solar Power Project. It is indeed a step in the right direction. Usage of renewable energy is a praiseworthy initiative, which will not only reduce pressure on national grid but would also c

Published 29 Aug, 2019 12:00am

Cotton

Cotton futures rise for a second day ahead of export sales data

ICE cotton futures gained for a second straight session on Wednesday ahead of federal export sales data, which is expected to show higher sales of the natural fiber.

Published 29 Aug, 2019 12:00am

Exchange

Nickel touches one-week high on Indonesia worries, inventories

Nickel prices hit their highest in a week on Wednesday as speculators bought on fears of shortages from major producer Indonesia, while at least half of London Metal Exchange inventories were under the control of one party.

Published 29 Aug, 2019 12:00am

Oil prices gain nearly 2pc after drop in US crude inventories

Oil prices rose nearly 2% on Wednesday after a larger-than-expected decline in US crude stockpiles helped ease worries about weakening oil demand caused by the trade war between Washington and Beijing.

Published 29 Aug, 2019 12:00am

Exchange

Tokyo rubber falls

Tokyo Commodity Exchange (TOCOM) futures fell on Wednesday, after investors took profits from early gains and as a stronger yen against the US dollar weighed on market sentiment, dealers said. The benchmark TOCOM rubber contract for February delivery fini

Published 29 Aug, 2019 12:00am

Vegetable Oil

Palm oil sees strongest gain in a week

Malaysian palm oil futures charted their strongest daily gains in a week on Wednesday, pulling out of earlier range trading thanks to losses in the ringgit and a recovery in US soyaoil on the Chicago Board of Trade.

Published 29 Aug, 2019 12:00am

Currency

Raw sugar bounces off 11-month low, arabica coffee climbs

Raw sugar prices on ICE climbed on Wednesday after earlier hitting an 11-month low, supported by higher energy prices and a firmer Brazilian currency, while arabica coffee prices also rose.

Published 29 Aug, 2019 12:00am

Currency

Gold dips in Asia

Gold eased on Wednesday, after rising over 1% in the previous session on fears of a possible recession, but held close to a more than six-year high on hopes of a rate cut by the US central bank and uncertainties around the Sino-US trade talks.

Published 29 Aug, 2019 12:00am

Gold down in Europe

Gold eased on Wednesday on a stronger dollar and as investors locked profits following the more than 1% jump in the last session, but uncertainty over US-China trade and the global economy kept safe-haven bullion near a multi-year peak.

Published 29 Aug, 2019 12:00am

US MIDDAY: Corn, soya rise

US corn and soyabean futures pushed higher on Wednesday as traders worried that prices had dropped too low while there is still great uncertainty about the size of the autumn harvests.

Published 29 Aug, 2019 12:00am

US MIDDAY: Gold eases

Gold eased on Wednesday as the US dollar strengthened and as investors locked in profit following a more than 1% jump in the last session, but uncertainty over the US-China trade dispute and the global economy kept safe-haven bullion near a multi-year pea

Published 29 Aug, 2019 12:00am

Saudi stocks slide as funds turn bearish

Saudi Arabia's stock market fell sharply on Wednesday with all its banking shares dropping as receding fund inflows dampened investor appetite on a day when second phase of Saudi stocks joined the MSCI emerging markets index.

Published 29 Aug, 2019 12:00am

China stocks weaker as trade war uncertainty weighs

China stocks ended lower on Wednesday as lingering uncertainty over the Sino-US trade dispute continued to unnerve investors, and while the positive impact from MSCI's latest phase of China stock inclusion fades.

Published 29 Aug, 2019 12:00am

Wednesday's mid-afternoon trade: Financials, energy lead bounce

US stocks advanced on Wednesday, as gains in financial and energy shares helped equities recover from initial declines, but investors remained cautious about the potential for another flare-up in US-China trade tensions.

Published 29 Aug, 2019 12:00am

Exchange

Wall Street slips as financials drag, trade outlook clouds

Wall Street slipped on Tuesday, weighed down by financial stocks as a deepening of the Treasury yield curve inversion raised US recession worries and uncertainty over any progress in trade negotiations between the United States and China took a toll.

Published 29 Aug, 2019 12:00am

Currency

Indian shares down

Indian shares settled lower on Wednesday after three straight sessions of gains, as worries of a global recession weighed on investor sentiment.

Published 29 Aug, 2019 12:00am

US yield inversion deepens

The US yield curve inversion deepened on Tuesday to levels not seen since 2007, rekindling fears of a looming recession that spurred a sell-off on Wall Street and stoked even more safe-haven demand for government bonds.

Published 29 Aug, 2019 12:00am

US yield inversion deepens

Published 29 Aug, 2019 12:00am

Australian, NZ shares rise

Australian shares ended higher on Wednesday, with investors favouring mining stocks over their banking counterparts as a deepening US debt yield curve inversion raised concerns over margin pressure for lenders.

Published 29 Aug, 2019 12:00am

Nikkei ekes out gains

Japanese shares posted slim gains on Wednesday, led by buying in defensives such as telecommunications and consumer-linked firms, though concerns about Sino-US relations capped gains.

Published 29 Aug, 2019 12:00am

Global growth worries keep a lid on European shares, chaotic Brexit looms

European shares inched lower on Wednesday as worries of a looming global recession kept investors from making bold bets, while a dive in the pound over fears of a disorderly Brexit pushed British stocks higher.

Published 29 Aug, 2019 12:00am

SE Asian stocks: Philippines recovers; others tepid

Philippine stocks rose over 1% on Wednesday, recovering from the previous session's sharp fall on hopes of positive news from President Rodrigo Duterte's visit to China, while other Southeast Asian markets were tepid amid lingering trade war worries.

Published 29 Aug, 2019 12:00am

Currency

Brexit-sensitive stocks sink as no-deal EU exit worries rise

Britain's Brexit-sensitive domestic stocks fell on Wednesday as renewed worries about the country leaving the European Union without a deal pressured sterling and sapped investor appetite for stocks sensitive to slowing consumer spending.

Published 29 Aug, 2019 12:00am

Exchange

As Argentine peso weakens again, central bank sells $353m

Argentina's peso currency traded 3.10% weaker at 58.1 per US dollar on Wednesday, cutting what had been steeper losses early in the day as the central bank sold $353 million of its reserves in five interventions aimed at controlling the peso's fall.

Published 29 Aug, 2019 12:00am

Google faces EU anti-trust probe for jobs search tool

The European Commission said Wednesday it had opened an investigation into Google's job search tool on competition grounds, having identified a conflict of interest.

Published 29 Aug, 2019 12:00am

Russia aims high with new passenger plane

Russia on Wednesday unveiled to clients its new MC-21 passenger plane, billed as a competitor to Boeing and Airbus even though the project has been stymied by sanctions and glitches with its predecessor, the Sukhoi Superjet.

Published 29 Aug, 2019 12:00am

India eases foreign investment rules to aid economic growth

India's cabinet announced Wednesday that it would ease restrictions on foreign investment in four key sectors in a bid to shore up support for the flagging economy.

Published 29 Aug, 2019 12:00am

Ride-hailing firm Grab to invest $500 million in Vietnam

Ride-hailing giant Grab said on Wednesday it will invest $500 million over five years in Vietnam, the company's latest expansion in a key Southeast Asian market. The Singapore-based firm has grown rapidly since it ended a bruising battle with Uber last ye

Published 29 Aug, 2019 12:00am

Exchange

Thomas Cook agrees to Chinese-led rescue

British travel company Thomas Cook agreed Wednesday to a £900-million rescue deal that will hand control of its tour operator business to China's Fosun Group.

Published 29 Aug, 2019 12:00am

Uganda abandons bid for hydro project near Murchison Falls

Uganda has scrapped plans for a hydro power station near Murchison Falls, an official said Wednesday, a project tourism operators had warned would irreversibly scar one of East Africa's natural wonders.

Published 29 Aug, 2019 12:00am

Toyota, Suzuki forge capital alliance

Toyota said on Wednesday it will take a nearly five-percent stake in small-car specialist Suzuki Motor, the latest tie-up in the rapidly changing global auto industry.

Published 29 Aug, 2019 12:00am

New China tariffs a 'job killer,' US footwear industry tells Trump

President Donald Trump's new tariffs on China are a "job killer," US shoe companies warned Wednesday pleading for them to be removed.

Published 29 Aug, 2019 12:00am

ECB lending pace picks up as EU economic clouds gather

Growth in lending to eurozone businesses and households accelerated in July, the ECB said Wednesday, ahead of a key central bank meeting expected to unleash new economic support measures.

Published 29 Aug, 2019 12:00am

Foreign firms unprepared for China's 'life-or-death' rating system: EU chamber

Foreign businesses in China are ill-prepared for the tough sanctions and constant surveillance demanded by a social credit system to be rolled out this year, a European business group warned Wednesday. Under this new system for ranking businesses, both fo

Published 29 Aug, 2019 12:00am

Historic Bury expelled from English league, Bolton get lifeline

Historic football club Bury, the first team to be expelled from the English Football League in over two decades, suffered a further blow Wednesday when they were kicked out of the FA Cup.

Published 29 Aug, 2019 12:00am

Nishikori reaches round three

Japanese seventh seed Kei Nishikori advanced to the US Open third round on Wednesday following a gritty 6-2, 4-6, 6-3, 7-5 win over American Bradley Klahn.

Published 29 Aug, 2019 12:00am

Nadal rampant at US Open as Thiem, Tsitsipas lead exodus

Rafael Nadal launched his tilt at a fourth US Open title Tuesday with a swift defeat of John Millman as other leading seeds in his half of the draw tumbled out in the first round.

Published 29 Aug, 2019 12:00am

Smith dismisses Archer threat

Australia's star batsman Steve Smith will return to action on Thursday after missing the third Ashes Test because of concussion and laughed off the claim England pace bowler Jofra Archer was his nemesis.

Published 29 Aug, 2019 12:00am

Brearley rates Stokes's performance greater than Botham's

Ben Stokes's astonishing match-winning performance in the third Ashes Test at Headingley upstages that of Ian Botham in 1981 at the same ground, according to former England captain Mike Brearley.

Published 29 Aug, 2019 12:00am

Petitions against PCB dismissed as withdrawn

The Lahore High Court on Wednesday vacated a stay against amendments introduced in the Constitution of Pakistan Cricket Board (PCB) and dismissed the petitions as withdrawn.

Published 29 Aug, 2019 12:00am

France's Agbegnenou completes world judo hat-trick

France's Clarisse Agbegnenou survived a huge scare against Japan's Miku Tashiro to capture an emotional fourth world judo title Wednesday and fourth overall after a ferocious women's 63-kilogram final. Israel's Sagi Muki powered to a surprise victory in t

Published 29 Aug, 2019 12:00am

Junior sprint queen Williams fails doping test

Double world under-20 sprint champion Briana Williams could miss next month's World Championships after reportedly testing positive for the banned diuretic hydrochlorothiazide (HCTZ).

Published 29 Aug, 2019 12:00am

Currency

Yen stands tall against peers in Asia

The yen stood tall against its peers on Wednesday, with an inversion of the US yield curve stoking recession worries and keeping the safe-haven Japanese currency in demand. "It remains to be seen how accurately the US yield curve inversion reflects econom

Published 29 Aug, 2019 12:00am

Currency

Yen up; sterling slides in Europe

The Japanese yen clung to its recent gains on Wednesday as worries about a global economic downturn grew, while sterling slumped on British Prime Minister Boris Johnson's move to limit parliament's opportunity to derail his Brexit plans. Two-year US gover

Published 29 Aug, 2019 12:00am

Currency

Early trade in New York: dollar ticks up, but yen holds gains

The US dollar was modestly higher against the yen on Wednesday morning, but the move indicated little change in investor sentiment as the Japanese currency largely clung to its recent gains on growing fears of a global economic downturn. The yen stood at

Published 29 Aug, 2019 12:00am

Currency

Dollar dips against yen in New York

Renewed caution about resolving the US-China trade war drove investors to safe-haven assets on Tuesday, deepening the Treasury yield curve inversion and lifting the Japanese yen against the dollar. Ten-year Treasury yields, a bellwether of market sentimen

Published 29 Aug, 2019 12:00am

Currency

South Africa's rand dips

South Africa's rand slowed slightly on Wednesday as traders continued to tread cautiously with an eye on global developments, while stocks strengthened. At 1523 GMT the rand was 0.16% weaker at 15.360, barely moved from its overnight close after some dema

Published 29 Aug, 2019 12:00am

Most Asian units slip as trade worries weigh

Most emerging Asian currencies inched lower on Wednesday, with sentiment largely subdued as investors continued to grapple with worries over the Sino-US trade dispute and the global economic outlook. Any early hopes of headway in trade talks were doused a

Published 29 Aug, 2019 12:00am

Currency

Sterling falls to six-day low

The pound fell to a six-day low on Wednesday, holding barely above $1.22 as Britain's Queen Elizabeth gave the nod to Prime Minister Boris Johnson's plan to suspend parliament, leaving lawmakers little time to prevent a no-deal Brexit. A statement from th

Published 29 Aug, 2019 12:00am

Currency

Sri Lankan rupee down

Sri Lanka's rupee fell on Wednesday to its seven-month closing low as foreign fund outflows after the central bank cut key monetary policy rates weighed on the currency. Shares closed steady. Foreign investors sold net 12.9 billion rupees worth of governm

Published 29 Aug, 2019 12:00am

Exchange

PMEX daily trading report

On Tuesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,115. The traded value of Metals, Energy and COTS/FX was recorded at PKR 6.887 billion and the numbers of lots traded were 8,625.

Published 29 Aug, 2019 12:00am

Asia's naphtha falls to 10-week low

Asia's naphtha crack hit a 10-week low of $12.18 a tonne on Tuesday on mostly muted spot demand and ample supplies. Based on data from IHS Markit, Asia will continue to grapple with oversupply next month although the excess volume will be lower than this

Published 29 Aug, 2019 12:00am

CBOT soyabean futures fall

Chicago Board of Trade soyabean futures fell on Tuesday on improving US crop conditions and a lack of fresh news about trade talks with China, traders said.

Published 29 Aug, 2019 12:00am

Canadian canola futures drop

ICE Canadian canola futures lost ground on Tuesday for the third straight session, under pressure from a slide in soyaoil prices.

Published 29 Aug, 2019 12:00am

China's July soya imports from US up three-fold

China's July soyabean imports from the United States jumped three-fold from the previous year, customs data showed on Sunday, as cargoes booked by Chinese state firms during a trade truce arrived.

Published 29 Aug, 2019 12:00am

Brazilian coffee co-ops say weather to hurt 2020 crop

Brazilian coffee cooperatives said in an unusual joint statement on Monday that weather conditions have been negative to coffee trees in recent months and will lead to a lower-than-expected harvest next year.

Published 29 Aug, 2019 12:00am

US natural gas futures fall as storm concerns ebb

US natural gas futures fell on Tuesday as concerns about an impact to production from tropical storm Dorian took a back seat while output held near record peaks. A day before the contract expires, front-month gas futures for September delivery were down 2

Published 29 Aug, 2019 12:00am

Activities at Karachi and Port Qasim

The Karachi Port handled 144,890 tonnes of cargo comprising 77,432 tonnes of import cargo and 67,458 tonnes of export cargo including 8,372 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday.

Published 29 Aug, 2019 12:00am

Cotton

Modest trade seen on cotton market

Modest trade was seen on the cotton market on Wednesday as some leading buyers were on the sidelines due to less buying interest, dealers said.

Published 29 Aug, 2019 12:00am

Rain helps Ivory Coast cocoa crop, disease appears

Above average rain last week was expected to boost the start of Ivory Coast's October-to-March main cocoa crop but high humidity has aided the spread of disease, farmers said on Monday.

Published 29 Aug, 2019 12:00am

Italy's M5S seals deal with PD for new coalition

Italy's anti-establishment Five Star Movement and the centre-left Democratic Party clinched a deal Wednesday to form a new government and stave off elections in the eurozone's third largest economy.

Published 29 Aug, 2019 12:00am

Six protesters killed in Papua clash

Indonesian authorities shot dead six protesters during a violent clash in its unrest-wracked Papua region Wednesday, according to an eyewitness and a media report, but police disputed that account.

Published 29 Aug, 2019 12:00am

Migrants, babies rescued at sea as survivors say six drowned

A charity ship rescued some 100 migrants in the Mediterranean Wednesday, including 22 small children who had survived their foundering dinghy being pummelled by a wave fellow occupants said drowned six people.

Published 29 Aug, 2019 12:00am

Apple apologise for its digital assistant Siri sharing

Apple on Wednesday apologized for its digital assistant Siri sharing some of what it heard with quality control workers as it unveiled new rules for handling data from conversations. Under the changes, Apple will allow its employees to review conversation

Published 29 Aug, 2019 12:00am

French researcher hacks into Moscow's new e-voting system

A French researcher has exposed a security breach in an electronic voting system to be used in next month's municipal elections in Moscow, potentially giving hackers access to voters' choices.

Published 29 Aug, 2019 12:00am

Facebook tightens rules for political ads ahead of US elections

Facebook said Wednesday it would tighten its rules for political ad spending ahead of the 2020 US elections, notably by requiring more information about who is paying for campaign messages.

Published 29 Aug, 2019 12:00am

US blacklists suppliers of Iran missile programmes

The US Treasury placed two Iranian business groups on its sanctions blacklist Wednesday, saying both were important suppliers of Tehran's missile programme and facilitators of its alleged proliferation activities.

Published 29 Aug, 2019 12:00am

China cancels US ship port call amid tensions

China has refused another planned port call by a US warship amid soaring tensions between the Pacific powers on trade, a US official said Wednesday.

Published 29 Aug, 2019 12:00am

Yemen forces say they retake Aden

Yemen government forces reclaimed the interim capital Aden and its presidential palace on Wednesday, a minister said, pushing back separatists who seized the city and other parts of the south earlier this month.

Published 29 Aug, 2019 12:00am

AMTF's plea for blood donation

Executive Director of Afzaal Memorial Thalassemia Foundation (AMTF) and CSR & CSI Activist for Eradication of Thalassemia from Pakistan, Ateeq Ur Rehman has urged massive donation of blood to overcome blood shortage and saving lives of thalassemic childre

Published 29 Aug, 2019 12:00am

Omer tells NA body: There are black sheep in ministry, distribution companies

The government said on Wednesday that it is at war against power theft being done with the connivance of black sheep in the ministry as well as distribution companies.

Published 29 Aug, 2019 12:00am

Accounts management skills course concludes

Pakistan Study Centre, University of Sindh organized a befitting certificate award ceremony at its Allama I I Kazi hall to give away participation certificates to the successful delegates of 3-day training workshop on Accounts Management Skills. Sindh Uni

Published 29 Aug, 2019 12:00am

90 percent of border areas cleared from terrorists, miscreants: IG FC KP

Inspector General of Frontier Corps Khyber Pakhtunkhwa, Major General Rahat Naseem Ahmed Khan has said that 90 percent of the border areas have been cleared from terrorists and miscreants, as fence along the Pak-Afghan border would be completed by October

Published 29 Aug, 2019 12:00am

Exchange

EFU General Insurance Limited

Being among the pioneering and leading insurance companies, EFU General Insurance Limited (PSX: EFUG) has come out well amid increased competition in the general insurance segment. The firm was incorporated in 1932 and is part of the largest insurer group

Updated 03 Sep, 2019 06:58am

Mutual Funds

EFU General Insurance Limited

Published 29 Aug, 2019 12:00am

RSEZ team visits LCCI

A two-member delegation from Rashakai Special Economic Zone (RSEZ) management team from China on Wednesday visited the Lahore chamber of Commerce and Industry (LCCI) and discussed different issues relating to special economic zones.

Published 29 Aug, 2019 12:00am

Convocation of NIPCONS held

The convocation of NUST Institute of Peace & Conflict Studies (NIPCONS) for awarding Bachelor's degrees in Military Art & Science to the 6th Batch of Pakistan Army's young officers from 134 PMA Long Course was held at the main campus of NUST here on Wedne

Published 29 Aug, 2019 12:00am

POF Shuhada's 11th anniversary observed

Eleventh death anniversary of POF Shuhada was observed in Wah Cantt with dignity and honour. On 21st August'2008, 70 POF Employees embraced martyrdom in 02 suicidal attacks at POF gates. In order to pay tribute to these Shuhada, this day is observed in PO

Published 29 Aug, 2019 12:00am

NA body for making wrapping of luggage mandatory

The Senate Standing Committee on Cabinet Secretariat has recommended the Aviation Division to make wrapping of luggage compulsory at the rate of Rs 50 per bag and improve the security of all airports with installation of maximum number of cameras.

Published 29 Aug, 2019 12:00am

Advanced digital skills training programme launched in KP

In collaboration with Abacus Consulting, United Nations Development Programme (UNDP) Pakistan and Khyber Pakhtunkhwa Information Technology Board (KPITB) have launched 'Advanced Digital Skills Training Programme' in Khyber Pakhtunkhwa. The UNDP and KPITB

Published 29 Aug, 2019 12:00am

Jewellery shops built on less than 1,000sq ft won't be charged GST

The Federal Board of Revenue (FBR) has assured that general sales tax (GST) will not be levied on jewelers having shops smaller than 1,000 square feet and a notification in this regard will be issued during the next week.

Published 29 Aug, 2019 12:00am

'Eighteen CEO Summit Asia 2019' held

CEO Club Pakistan and the Management House jointly organized the 'Eighteen CEO Summit Asia 2019', Pakistan's most anticipated corporate event. The conference was attended by Tarek Hamdy - CEO, EIGHTEEN and a number of other distinguished professionals who

Published 29 Aug, 2019 12:00am

Founder Group makes clean sweep in REAP MC elections

The Founder Group made a clean sweep by securing all the Corporate and Associate class seats in elections 2019-20 for the Management Committee of the Rice Exporters Association of Pakistan (REAP). According to details, Wednesday was the last date for rece

Published 29 Aug, 2019 12:00am

No compromise on country's integrity, security: Buzdar

Paying tributes to the services and professional capabilities of Pakistan Air Force (PAF) for defending the country's air boundaries, Punjab Chief Minister Sardar Usman Buzdar on Wednesday said the whole nation is standing shoulder to shoulder with the ar

Published 29 Aug, 2019 12:00am

Ulema's role in maintaining peace lauded

The delegation of Ittehad Bain ul Muslimeen Committee Punjab headed by provincial Khateeb Auqaf department Molana Ghulam Mustafa Saqib, held meeting with District Peace Committees of four districts of Faisalabad division at Nusrat Fateh Ali Khan Auditoriu

Published 29 Aug, 2019 12:00am

Partly Facetious : Understating budget deficit

"I reckon Hafeez Sheikh has surpassed his previous record."

Published 29 Aug, 2019 12:00am

Aviation sector: 'Pakistan, Turkey will increase cooperation'

Turkey and Pakistan will increase their mutual cooperation in aviation sector. This was said by Federal Minister for Aviation Ghulam Sarwar Khan during a meeting with Turkish Ambassador Mustafa Yurdakul on Wednesday in Aviation Division.

Published 29 Aug, 2019 12:00am

Traffic rules: ICTP, RME sign MoU to create awareness among students

An Memorandum of Understanding (MoU) has been signed between Islamabad Capital Territory Police (ICTP) and 'Roots Millennium Education' (RME) here on Wednesday to create awareness among the young students about the traffic rules, road safety and community

Published 29 Aug, 2019 12:00am

Clean-up & recycling campaign: DiploGreen initiative launched by seven foreign missions

Seven foreign missions have joined hands to raise environmental awareness while maintaining a clean and green Diplomatic Enclave in the federal capital under DiploGreen initiative. Launched on Wednesday, the initiative is being led by the Islamabad-based

Published 29 Aug, 2019 12:00am

Gujranwala added to foodpanda's app-ordering food service

The residents of Punjab specifically Gujranwala will now be able to order a variety of food from over 200 restaurant partners right to their homes and offices by using international food delivery service.

Published 29 Aug, 2019 12:00am

UN chief urges Pakistan, India to defuse tension

UN Secretary-General Antonio Guterres is monitoring the worsening situation in Indian occupied Kashmir, especially reports about tightening restrictions and mass arrests, as he called for steps to defuse tensions between India and Pakistan, his spokesman

Published 29 Aug, 2019 12:00am

Pakistan refutes Afghan government's claim

Pakistan on Wednesday regretted the Afghan government's twisting of facts about some recent incidents of firing along the Pakistan-Afghanistan border. "As a matter of policy, Pakistan does not fire across Pak-Afghan border. Cross border attacks by terrori

Published 29 Aug, 2019 12:00am

Qureshi writes another letter to UNSC

Foreign Minister Qureshi on Wednesday wrote another letter to UN Security Council's president and underscored Pakistan's readiness to cooperate in every possible way with the world community for a peaceful resolution of Jammu and Kashmir dispute in accord

Published 29 Aug, 2019 12:00am

Agreement signed: technical interns to be imparted modern training in Japan

The Ministry of Law & Justice and Ministry of Foreign Affairs have reached an agreement with Japan's Ministry of Health, Labour and Welfare on the Technical Intern Training Programme (TITP) with Ministry of Federal Education & Professional Training to tra

Published 29 Aug, 2019 12:00am

Briefs about IOK's grave situation: Qureshi contacts Kuwaiti, Azerbaijan's counterparts

Foreign Minister Shah Mehmood Qureshi continued diplomatic outreach and telephonically contacted his counterparts from Kuwait Sabah Al Khalid Al Sabah and Azerbaijan's Elmar Mammadyarov to apprise them of the latest developments in the Indian Occupied Jam

Published 29 Aug, 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 28	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 28 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 28 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 28 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 28 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 28 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 28 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 28 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 28 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 28 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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