AGL 38.65 Increased By ▲ 0.09 (0.23%)
AIRLINK 211.40 Increased By ▲ 3.63 (1.75%)
BOP 10.07 Increased By ▲ 0.01 (0.1%)
CNERGY 6.63 Decreased By ▼ -0.45 (-6.36%)
DCL 9.59 Decreased By ▼ -0.40 (-4%)
DFML 40.39 Decreased By ▼ -0.75 (-1.82%)
DGKC 99.90 Decreased By ▼ -3.56 (-3.44%)
FCCL 35.90 Decreased By ▼ -0.45 (-1.24%)
FFBL 90.00 Decreased By ▼ -1.59 (-1.74%)
FFL 14.20 Decreased By ▼ -0.40 (-2.74%)
HUBC 135.81 Decreased By ▼ -3.62 (-2.6%)
HUMNL 13.98 Decreased By ▼ -0.12 (-0.85%)
KEL 5.78 Decreased By ▼ -0.19 (-3.18%)
KOSM 7.35 Decreased By ▼ -0.51 (-6.49%)
MLCF 46.20 Decreased By ▼ -1.08 (-2.28%)
NBP 66.38 Decreased By ▼ -7.38 (-10.01%)
OGDC 219.80 Decreased By ▼ -2.86 (-1.28%)
PAEL 38.13 Increased By ▲ 0.02 (0.05%)
PIBTL 8.92 Decreased By ▼ -0.35 (-3.78%)
PPL 201.70 Decreased By ▼ -4.15 (-2.02%)
PRL 39.05 Decreased By ▼ -0.80 (-2.01%)
PTC 26.25 Decreased By ▼ -0.37 (-1.39%)
SEARL 107.00 Decreased By ▼ -3.24 (-2.94%)
TELE 9.15 Decreased By ▼ -0.08 (-0.87%)
TOMCL 37.34 Decreased By ▼ -0.87 (-2.28%)
TPLP 13.72 Decreased By ▼ -0.05 (-0.36%)
TREET 25.82 Decreased By ▼ -0.63 (-2.38%)
TRG 59.30 Decreased By ▼ -1.24 (-2.05%)
UNITY 33.45 Decreased By ▼ -0.69 (-2.02%)
WTL 1.76 Decreased By ▼ -0.12 (-6.38%)
BR100 12,110 Decreased By -188.5 (-1.53%)
BR30 38,090 Decreased By -787.1 (-2.02%)
KSE100 112,866 Decreased By -1995 (-1.74%)
KSE30 35,535 Decreased By -660.6 (-1.82%)

Chicago Board of Trade corn futures rose on Friday on short-covering as brokers adjusted positions ahead of weekend trade talks between US President Donald Trump and Chinese leader Xi Jinping at the G20 summit in Argentina. CBOT benchmark March corn settled up 4-1/2 cents at $3.77-3/4 per bushel. Front-month December corn ended up 6-1/4 cents at $3.66-1/2 a bushel, supported by smaller-than-expected deliveries on first notice day.
The CBOT reported two deliveries against the December contract, while analysts generally expected zero to 500 lots. Commodity funds hold a net short position in CBOT corn futures, leaving the market vulnerable to short-covering rallies. Open interest in CBOT corn has fallen in each of the previous five sessions as investors headed to the sidelines ahead of the weekend trade talks. For the week, March corn rose 7-1/4 cents or nearly 2 percent.

Copyright Reuters, 2018

Comments

Comments are closed.