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Jan 31, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2016-03-08
EDF's UK nuclear plan in spotlight as CFO quits

EDF's UK nuclear plan in spotlight as CFO quits

French utility EDF's plans to build a nuclear power station in Britain came under renewed pressure on Monday after its finance director quit over the risk he sees to the company's future. Reacting to the shock resignation, EDF reaffirmed its plan to go ah
Published 08 Mar, 2016 12:00am
China labour rules harm economy: finance minister

China labour rules harm economy: finance minister

China's labour regulations harm workers by reducing job opportunities, the finance minister said Monday as Beijing tries to restructure its economy while avoiding mass layoffs and social unrest. The labour contract law passed in 2007 restricts companies'
Published 08 Mar, 2016 12:00am
Chile economy grows at slowest pace in nearly six years

Chile economy grows at slowest pace in nearly six years

Chile's economy grew at its slowest pace in almost six years in January as a rout in copper prices hurt the key mining sector, though the government downplayed the data, saying it expected better numbers in February. The IMACEC economic activity index, en
Published 08 Mar, 2016 12:00am
French Prime Minister kicks off defence of unpopular labour reforms

French Prime Minister kicks off defence of unpopular labour reforms

France's Socialist Prime Minister Manuel Valls on Monday kicked off three days of talks aimed at salvaging deeply unpopular labour reform proposals, with street protests planned later in the week. Valls and his labour and economy ministers held a string o
Published 08 Mar, 2016 12:00am
US Plains HRW wheat bids unchanged

US Plains HRW wheat bids unchanged

Spot basis bids for hard red winter wheat were flat at grain terminals around the southern US Plains on Friday, with dealers reporting slow farmer sales. Cash prices were still too low to spark much interest from growers, despite a rally that pushed futur
Published 08 Mar, 2016 12:00am
Activity at Karachi & Qasim ports

Activity at Karachi & Qasim ports

The Karachi Port handled 183,298 tonnes of cargo comprising 131,760 tonnes of import cargo and 51,538 tonnes of export cargo including 5,556 loaded and empty containers during the last 48 hours ending at 0700 hours on Monday. The total import cargo of 131
Published 08 Mar, 2016 12:00am
US FOB Gulf soyabean premiums weaker on dull demand
Currency

US FOB Gulf soyabean premiums weaker on dull demand

Export premiums for soyabeans shipped from the US Gulf Coast were steady to weaker on Friday as futures prices jumped and as demand for near-term US shipments remained light, traders said. Brazilian export premiums were firmer on Friday as a stronger curr
Published 08 Mar, 2016 12:00am
US Midwest corn, soya bids flat

US Midwest corn, soya bids flat

Spot basis bids for corn and soyabeans were unchanged at most processors, elevators and river terminals around the US Midwest on Friday, grain dealers said. Although the basis was mostly steady, bids for both commodities firmed in some locations as dealer
Published 08 Mar, 2016 12:00am
Rainfall provides some relief in key Ivory Coast cocoa regions

Rainfall provides some relief in key Ivory Coast cocoa regions

Patchy rains fell last week in most of Ivory Coast's main cocoa regions, offering some relief after a persistent drought and hot weather had risked damaging the mid crop, farmers said on Monday. "There should be rain on the coast and in the forest zone th
Published 08 Mar, 2016 12:00am
Daily trading report of PMEX
Exchange

Daily trading report of PMEX

On Friday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 10,678 million. The number of lots traded was 39.98 million. PMEX Commodity Index closed at 2,666. Major business was contributed by gold amounting to PKR 9,890 million followed by cr
Published 08 Mar, 2016 12:00am
Oil cake market rates
Cotton

Oil cake market rates

March vaida drifted lower on the forward cottonseeds oilcake market on Monday in the process of trading, dealers said. The March Vaida closed at Rs 2052.00 and it commenced with Rs 2.00 losses at Rs 2050.00 in the early hours, they said.
Published 08 Mar, 2016 12:00am
EU wheat pares weekly gains after touching 10-day high

EU wheat pares weekly gains after touching 10-day high

European wheat pared weekly gains on Friday despite hitting a 10-day high in opening trade as the market sought to catch up with Chicago's overnight rally, but remained under pressure from the prospect of ample supplies, traders said. May milling wheat, t
Published 08 Mar, 2016 12:00am
Asian naphtha falls to three-session low

Asian naphtha falls to three-session low

Asia's naphtha crack for front-month second-half April fell to a three-session low of $57.83 a tonne on Monday, some 40 percent below where it was a year ago, reflecting a persistent glut. Purchase tenders from petrochemical makers were muted and sellers
Published 08 Mar, 2016 12:00am
Subdued business on grain market

Subdued business on grain market

Barring a couple of deals from some needy buyers, the wholesale grain market remained lack of buying interest, dealers said on Monday. On the cereals side, Urad Burma lost Rs 300 to Rs 6900, other commodities held the week-end levels, they said. On the gr
Published 08 Mar, 2016 12:00am
Subdued business on grain market

Subdued business on grain market

Barring a couple of deals from some needy buyers, the wholesale grain market remained lack of buying interest, dealers said on Monday. On the cereals side, Urad Burma lost Rs 300 to Rs 6900, other commodities held the week-end levels, they said. On the gr
Published 08 Mar, 2016 12:00am
CBOT wheat futures up on short-covering

CBOT wheat futures up on short-covering

Wheat futures on the Chicago Board of Trade rose on Friday for a third straight session, buoyed by short-covering and concerns about dry weather building in the US Plains hard wheat belt, traders said. Some traders also cited worries about storms next wee
Published 08 Mar, 2016 12:00am
European vegoils: palm oil up on firm ringgit
Vegetable Oil

European vegoils: palm oil up on firm ringgit

Palm oil on the European vegetable oils market continued firmer on Friday on a stronger ringgit and weaker dollar. "Currency was the main trigger today, while there was little other fresh news to work with," one broker said. Palm oil was mostly offered be
Published 08 Mar, 2016 12:00am
Canadian canola futures flat

Canadian canola futures flat

ICE Canadian nearby canola futures ended flat on Friday, held in check by technical and speculator selling, but notched a slight weekly gain. Uncertainty about Chinese demand weighs on the market, but a slow pace of farmer selling to cash buyers underpins
Published 08 Mar, 2016 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 08 Mar, 2016 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 08 Mar, 2016 12:00am
State Bank of Pakistan conversion rates
Exchange

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 08 Mar, 2016 12:00am
Barclays bid rates and maximum rates for payment of interest
Exchange

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 08 Mar, 2016 12:00am
Currency notes: exchange rates
Exchange

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Monday (March 07, 2016).

Published 08 Mar, 2016 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (March 07, 2016).
Published 08 Mar, 2016 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (March 07, 2016).

Published 08 Mar, 2016 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 08 Mar, 2016 12:00am
THE RUPEE: modest recovery
Currency

THE RUPEE: modest recovery

Modest recovery was witnessed on the currency market on Monday in the process of trading, dealers said. The rupee maintained week-end's recovery against the dollar, rising three paisas for buying and selling at Rs 104.73 and Rs 104.75 respectively, they s
Published 08 Mar, 2016 12:00am
THE RUPEE: modest recovery
Currency

THE RUPEE: modest recovery

Modest recovery was witnessed on the currency market on Monday in the process of trading, dealers said. The rupee maintained week-end's recovery against the dollar, rising three paisas for buying and selling at Rs 104.73 and Rs 104.75 respectively, they s
Published 08 Mar, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (March 07, 2016).

Published 08 Mar, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (March 07, 2016).

Published 08 Mar, 2016 12:00am
Suicide bomber kills 17 at Shabqadar court

Suicide bomber kills 17 at Shabqadar court

Seventeen people including three women were killed and 30 others injured when a suicide bomber targeted district court's compound in tehsil Shabqadar, District Charsadda on Monday. According to District Police Officer (DPO) Suhail Khalid, the bomber explo
Published 08 Mar, 2016 12:00am
Suicide bomber kills 17 at Shabqadar court

Suicide bomber kills 17 at Shabqadar court

Seventeen people including three women were killed and 30 others injured when a suicide bomber targeted district court's compound in tehsil Shabqadar, District Charsadda on Monday. According to District Police Officer (DPO) Suhail Khalid, the bomber explo
Published 08 Mar, 2016 12:00am
Ahrar says it has avenged Qadri's execution

Ahrar says it has avenged Qadri's execution

The Pakistani Taliban's Jamat-ul-Ahrar faction claimed responsibility for the attack, saying it avenged the hanging of Mumtaz Qadri. Qadri was hanged on February 29. Peshawar-based senior analyst and retired brigadier Saad Khan said using the name of Qadr
Published 08 Mar, 2016 12:00am
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