Business News

Pound recovers as British anti-EU vote hit by MP shooting

  • TOKYO, (APP/AFP) – The pound rose with Asian stocks Friday after the previous day’s selloff, as the killing of a British lawmaker led to canvassing for next week’s EU referendum to be cancelled, which is seen favouring those wanting to stay in the bloc. Fears Britain will vote to exit the European Union have intensified […]

  • Spot rates of cotton (Crop 2015-2016)

    KARACHI, (APP): Karachi Cotton Association (KCA) on Thursday announced the following KCA Spot Rates for local dealing in Pak rupees for base grade 3 (three) staple length 1-1/16″ Micronaire value between 3.8 and 4.9 NCL. Rate Ex-Gin Up-country Spot Rates for Price Expenses Ex-Karachi 37.324 kgs 5,500 135 5,635 Equivalent 40 kgs 5,894 145 6,039

  • KPT Shipping Movements Report

    KARACHI, (APP): Following were the Movements of Ships at Karachi Port Trust (KPT) during last 24 hours, ending at 0700 hours on Thursday. SHIPS SAILED: Mandarin Ocean Taroko Nave Andromeda MSC IMMA SHIPS BERTHED: Ever Divine General Ship Cygnus Ocean Coal Kota Kaya Container Ship Ginga Kite Tanker Yasa Ilhan Coal Darya chand General.Cargo FPMC […]

  • Kerb currency market

    KARACHI, (APP): Following were the Opening Rates of foreign currencies in kerb market issued by the Forex Association of Pakistan (FAP), here on Thursday. F.C. LOW RATE HIGH RATE U.S $ (Inter Bank) 104.63 104.68 U.S $ (Cash Free Market) 104.80 105.00 SAUDIA RIYAL 27.95 28.15 UAE DIRHAM 28.60 28.80 EURO 118.00 119.00 UK POUND […]

  • Closing Rates of PSX

    KARACHI, (APP): Following were Closing Rates of shares at Pakistan Stock Exchange Limited (PSX) issued here on Thursday. AUTOMOBILE ASSEMBLER: AL-Ghazi Tractors 428 Atlas Honda Ltd XD 370 Dewan Motors 16.88 Ghand Nissan 159.56 Ghandhara Ind. 372.21 Ghani Automobile 7.7 Hinopak Motor SPOT 1074.9 Honda Atlas Cars 342 Indus Motor Co 944.99 Millat Tractors 578 […]

  • Foreign Currency Account Scheme

    KARACHI, (APP): The Foreign Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Base Rate, here on Thursday. BBA BID MAXIMUM RATES RATES WITH FOR PAYMENT OF VALUE DATE INTEREST BY AUTHORISED DEALERS R A T E S U.S. DOLLARS VALUE 16-06-16 For 3 months and over but less than 6 months […]