AGL 38.20 Increased By ▲ 0.05 (0.13%)
AIRLINK 129.30 Increased By ▲ 4.23 (3.38%)
BOP 7.85 Increased By ▲ 1.00 (14.6%)
CNERGY 4.66 Increased By ▲ 0.21 (4.72%)
DCL 8.35 Increased By ▲ 0.44 (5.56%)
DFML 38.86 Increased By ▲ 1.52 (4.07%)
DGKC 82.20 Increased By ▲ 4.43 (5.7%)
FCCL 33.64 Increased By ▲ 3.06 (10.01%)
FFBL 75.75 Increased By ▲ 6.89 (10.01%)
FFL 12.83 Increased By ▲ 0.97 (8.18%)
HUBC 110.72 Increased By ▲ 6.22 (5.95%)
HUMNL 14.03 Increased By ▲ 0.54 (4%)
KEL 5.22 Increased By ▲ 0.57 (12.26%)
KOSM 7.69 Increased By ▲ 0.52 (7.25%)
MLCF 40.08 Increased By ▲ 3.64 (9.99%)
NBP 72.51 Increased By ▲ 6.59 (10%)
OGDC 189.18 Increased By ▲ 9.65 (5.38%)
PAEL 25.74 Increased By ▲ 1.31 (5.36%)
PIBTL 7.38 Increased By ▲ 0.23 (3.22%)
PPL 153.45 Increased By ▲ 9.75 (6.78%)
PRL 25.52 Increased By ▲ 1.20 (4.93%)
PTC 17.92 Increased By ▲ 1.52 (9.27%)
SEARL 82.50 Increased By ▲ 3.93 (5%)
TELE 7.63 Increased By ▲ 0.41 (5.68%)
TOMCL 32.50 Increased By ▲ 0.53 (1.66%)
TPLP 8.48 Increased By ▲ 0.35 (4.31%)
TREET 16.74 Increased By ▲ 0.61 (3.78%)
TRG 56.01 Increased By ▲ 1.35 (2.47%)
UNITY 28.85 Increased By ▲ 1.35 (4.91%)
WTL 1.34 Increased By ▲ 0.05 (3.88%)
BR100 10,659 Increased By 569.2 (5.64%)
BR30 31,331 Increased By 1822.5 (6.18%)
KSE100 99,269 Increased By 4695.1 (4.96%)
KSE30 31,032 Increased By 1587.6 (5.39%)

Soybean futures at the Chicago Board of Trade rallied early Tuesday on diminished concerns over bird flu in the United States, traders said.
Continued strength in soyoil futures amid strong demand for vegetable oils and tight US soybean stocks were also supportive.
CBOT soybean futures were up 17-1/2 cents to 6 cents per bushel by 11:06 am CST. March was up 17 at $8.46 and May soybeans was 16-3/4 cents higher at $8.45-1/2.
Early buyers included ADM Investor Services, Carr Futures, Refco Inc and SAK Trading each with 200 to 300 May, pit sources said. Cargill Inc sold 500 May, likely farmer-hedge pressure after weekend country sales.
The market remains volatile, prone to wide price swings, as US stocks are projected at a 27-year low at the end of the marketing year.
CBOT soybean futures were due for a bounce after Thursday's dip on bird flu jitters and talk of China cancelling soybean sales.
CBOT soymeal futures were recovering after their recent drop, up $8.40 to $1.80 per ton. March soymeal was up $7.50 at $254.00.
Waning worries over bird flu in the United States helped the soymeal/soyoil spread correct after recent strength in soyoil.
CBOT soyoil futures climbed on the open as strong global demand for vegetable oil remains a bullish input. But soyoil backed off early gains and was up 0.27 to 0.10 cent per lb. March soyoil was up 0.27 at 31.99 cents.

Copyright Reuters, 2004

Comments

Comments are closed.