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Oct 10, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2017-01-31
Stocks fall like ninepins

Stocks fall like ninepins

Investor concern over changing US policies invited panic selling on Pakistan Stock Exchange (PSX) Monday and despite foreign buying, the benchmark KSE-100 index posted a heavy decline of 991.53 points to close at 48,972.24 points. Selling was seen mainly
Published 31 Jan, 2017 12:00am
Stocks fall like ninepins

Stocks fall like ninepins

Investor concern over changing US policies invited panic selling on Pakistan Stock Exchange (PSX) Monday and despite foreign buying, the benchmark KSE-100 index posted a heavy decline of 991.53 points to close at 48,972.24 points. Selling was seen mainly
Published 31 Jan, 2017 12:00am
Stocks fall like ninepins

Stocks fall like ninepins

Investor concern over changing US policies invited panic selling on Pakistan Stock Exchange (PSX) Monday and despite foreign buying, the benchmark KSE-100 index posted a heavy decline of 991.53 points to close at 48,972.24 points. Selling was seen mainly
Published 31 Jan, 2017 12:00am
Kapco sell-off plan faces delay

Kapco sell-off plan faces delay

The prospect of Kot Addu Power Company (Kapco) privatisation faces delay as issues of required comfort letter for the extension of power purchase agreement (PPA) and others remain unsettled. Sources said the matter was discussed in detail during the Cabin
Published 31 Jan, 2017 12:00am
Kapco sell-off plan faces delay

Kapco sell-off plan faces delay

The prospect of Kot Addu Power Company (Kapco) privatisation faces delay as issues of required comfort letter for the extension of power purchase agreement (PPA) and others remain unsettled. Sources said the matter was discussed in detail during the Cabin
Published 31 Jan, 2017 12:00am
Kapco sell-off plan faces delay

Kapco sell-off plan faces delay

The prospect of Kot Addu Power Company (Kapco) privatisation faces delay as issues of required comfort letter for the extension of power purchase agreement (PPA) and others remain unsettled. Sources said the matter was discussed in detail during the Cabin
Published 31 Jan, 2017 12:00am
Small farmers feel left out
Cotton

Small farmers feel left out

The much-publicised September, 14, 2015 Prime Minister''s Kissan Package has failed to benefit small farmers as the government has released only Rs 25 billion out of the envisaged Rs 40 billion cash assistance while progress on other aspects of the packag
Published 31 Jan, 2017 12:00am
Small farmers feel left out
Cotton

Small farmers feel left out

The much-publicised September, 14, 2015 Prime Minister's Kissan Package has failed to benefit small farmers as the government has released only Rs 25 billion out of the envisaged Rs 40 billion cash assistance while progress on other aspects of the package
Published 31 Jan, 2017 12:00am
Small farmers feel left out
Cotton

Small farmers feel left out

The much-publicised September, 14, 2015 Prime Minister's Kissan Package has failed to benefit small farmers as the government has released only Rs 25 billion out of the envisaged Rs 40 billion cash assistance while progress on other aspects of the package
Published 31 Jan, 2017 12:00am
Ford, Goldman CEOs criticise Trump travel curbs

Ford, Goldman CEOs criticise Trump travel curbs

The chief executives of Goldman Sachs Group and Ford Motor Co joined the criticism of President Donald Trump''s order to halt arrivals from several Muslim-majority countries, as equity markets fell and the dollar slipped on Monday. The initial response ov
Published 31 Jan, 2017 12:00am
Ford, Goldman CEOs criticise Trump travel curbs

Ford, Goldman CEOs criticise Trump travel curbs

The chief executives of Goldman Sachs Group and Ford Motor Co joined the criticism of President Donald Trump's order to halt arrivals from several Muslim-majority countries, as equity markets fell and the dollar slipped on Monday. The initial response ove
Published 31 Jan, 2017 12:00am
Ford, Goldman CEOs criticise Trump travel curbs

Ford, Goldman CEOs criticise Trump travel curbs

The chief executives of Goldman Sachs Group and Ford Motor Co joined the criticism of President Donald Trump's order to halt arrivals from several Muslim-majority countries, as equity markets fell and the dollar slipped on Monday. The initial response ove
Published 31 Jan, 2017 12:00am
Palladium seen a 2017 winner on reflation trade

Palladium seen a 2017 winner on reflation trade

Analysts have hiked their 2017 palladium price forecasts on expectations that reflationary policies in the United States will boost growth, and consequently car sales, this year, even as forecasts for other precious metals such as platinum are cut. Pallad
Published 31 Jan, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (January 30, 2017).

Published 31 Jan, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (January 30, 2017).

Published 31 Jan, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (January 30, 2017).

Published 31 Jan, 2017 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (January 30, 2017).

Published 31 Jan, 2017 12:00am
Money Market Report
Currency

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (January 30, 2017).
Published 31 Jan, 2017 12:00am
Currency notes: exchange rates
Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Monday (January 30, 2017).

Published 31 Jan, 2017 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Monday (January 30, 2017).

Published 31 Jan, 2017 12:00am
Barclays bid rates and maximum rates for payment of interest

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 31 Jan, 2017 12:00am
State Bank of Pakistan conversion rates
Currency

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 31 Jan, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 31 Jan, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 31 Jan, 2017 12:00am
Asia's gasoline cracks down on firm Brent

Asia's gasoline cracks down on firm Brent

Asia's gasoline cracks fell to a two-week low of $11.25 a barrel on Friday, dragged down by firm Brent crude and a build-up in inventories in the US for the fourth straight week.
Published 31 Jan, 2017 12:00am
US Midwest corn bids fall

US Midwest corn bids fall

Corn spot basis bids fell by 1-5 cents per bushel at processors and elevators in the US Midwest on Friday, pressured by limited demand as many commercial grain handlers had ample supplies, grain merchants said.
Published 31 Jan, 2017 12:00am
Palm oil firms on European vegoils market

Palm oil firms on European vegoils market

Palm oil on the European vegetable oils market firmed on Friday in positioning ahead of the Lunar New Year holiday, but ended well off the day's highs.
Published 31 Jan, 2017 12:00am
US FOB Gulf soyabean offers mostly lower on weak demand

US FOB Gulf soyabean offers mostly lower on weak demand

Export premiums for soyabeans shipped from the US Gulf Coast were mostly lower on Friday due to stiff competition from South American supplies and weak demand amid the Lunar New Year holiday, traders said.
Published 31 Jan, 2017 12:00am
India likely to need higher sugar imports

India likely to need higher sugar imports

India's sugar production is likely to be lower than government estimates this season, raising the possibility of higher imports by the world's biggest consumer of the sweetener, the chief executive of leading Indian refiner Shree Renuka Sugars told Reuter
Published 31 Jan, 2017 12:00am
US natural gas futures little changed

US natural gas futures little changed

US natural gas futures on Friday were little changed on mixed signals from weather models with one calling for more cold through mid-February while another pointed to less cold.
Published 31 Jan, 2017 12:00am
European wheat futures edge lower

European wheat futures edge lower

European wheat futures in Paris edged lower in afternoon trade on Friday, tracking weaker Chicago prices, as the EU market continued to lack a clear direction of its own. March milling wheat, the most active contract on the Paris-based Euronext exchange,
Published 31 Jan, 2017 12:00am
Steady conditions prevail on cotton market
Cotton

Steady conditions prevail on cotton market

The firmness prevailed on the cotton market on Monday as rates of cotton yarn showed improvement on strong demand, dealers said. As a result, the official spot rate was unchanged at Rs 6650, dealers said. In Sindh, seed cotton prices were higher at Rs 320
Published 31 Jan, 2017 12:00am
PMEX daily trading report
Cotton

PMEX daily trading report

On Friday, at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,119. The total traded value of Metals, Energy and COTS/FX was recorded at PKR 5.39 billion and the number of lots traded was 12,409.
Published 31 Jan, 2017 12:00am
Indian rubber prices jump to three-year high

Indian rubber prices jump to three-year high

Prices of natural rubber in India jumped to a three-year high on Monday on thin supplies and tracking gains in overseas markets due to supply disruptions in top producer Thailand, dealers said.
Published 31 Jan, 2017 12:00am
CBOT wheat futures fall on ample supplies

CBOT wheat futures fall on ample supplies

Chicago Board of Trade wheat futures fell on Friday on plentiful domestic and global old-crop supplies and a firm dollar, which tends to make US grains less competitive on the world market, traders said.
Published 31 Jan, 2017 12:00am
Russian wheat prices rise further on Egypt's deals

Russian wheat prices rise further on Egypt's deals

Russian wheat prices rose for a third week due to demand from Egypt, the world's largest wheat importer, a stable rouble and farmers holding on to their goods in the expectation of further price growth, analysts said on Monday.
Published 31 Jan, 2017 12:00am
Weather mixed in main cocoa growing areas of Ivory Coast

Weather mixed in main cocoa growing areas of Ivory Coast

Weather varied in Ivory Coast's main cocoa growing regions last week, with light rain that would boost the crop in some areas and strong heat causing concern about bean size in others, farmers said on Monday. The dry season in the world's top cocoa produc
Published 31 Jan, 2017 12:00am
Activities at Karachi and Qasim ports

Activities at Karachi and Qasim ports

The Karachi Port handled 140,526 tonnes of cargo comprising 110,601 tonnes of import cargo and 29,925 tonnes of export cargo including 5,460 loaded and empty containers during the last 24 hours ending at 0700 hours on Monday.
Published 31 Jan, 2017 12:00am
US Midwest corn bids fall

US Midwest corn bids fall

Corn spot basis bids fell by 1-5 cents per bushel at processors and elevators in the US Midwest on Friday, pressured by limited demand as many commercial grain handlers had ample supplies, grain merchants said. Corn bids eased at a closely watched process
Published 31 Jan, 2017 12:00am
Sony flags $1 billion movie business write-down

Sony flags $1 billion movie business write-down

Sony will take a write-down of nearly $1 billion in the fiscal third quarter, the company said Monday, blaming expected weaker profits in its movie business following a decline in the DVD market.
Published 31 Jan, 2017 12:00am
Sony flags $1 billion movie business write-down

Sony flags $1 billion movie business write-down

Sony will take a write-down of nearly $1 billion in the fiscal third quarter, the company said Monday, blaming expected weaker profits in its movie business following a decline in the DVD market.
Published 31 Jan, 2017 12:00am
EU watchdog calls for EU bad bank to tackle soured loans

EU watchdog calls for EU bad bank to tackle soured loans

The European Union should create a publicly-funded asset management company to scoop up some of a trillion euro mountain of bad loans that has become a brake on economic growth, the bloc's banking watchdog said on Monday.
Published 31 Jan, 2017 12:00am
Central banks should revert to conventional tools: BIS head

Central banks should revert to conventional tools: BIS head

Central banks should gradually remove stimulus, shedding unconventional measures after testing their limits during the crisis years, the incoming head of the Bank for International Settlements told a German newspaper on Monday.
Published 31 Jan, 2017 12:00am
From north to south, eurozone economy steams into 2017
Currency

From north to south, eurozone economy steams into 2017

The eurozone economy has kicked off the year robustly, data from the Baltic to the Mediterranean showed on Monday, evidence for the European Central Bank that its massive cash stimulus is working but also posing questions about what comes next.
Published 31 Jan, 2017 12:00am
India lifts ATM limit from February 1 as cash crunch eases
Currency

India lifts ATM limit from February 1 as cash crunch eases

Limits on ATM withdrawals will be partially lifted from February 1, India's central bank said Monday, as a cash crunch sparked by the ban on high-value rupee notes eases. The Reserve Bank of India capped cash withdrawals after Prime Minister Narendra Modi
Published 31 Jan, 2017 12:00am
Vodafone confirms merger talks with India's Idea

Vodafone confirms merger talks with India's Idea

British mobile phone giant Vodafone said Monday that it was in talks to merge its Indian unit with Idea Cellular in a move that would create India's largest telecoms company. The confirmation ended months of speculation that the two operators were explori
Published 31 Jan, 2017 12:00am
Toyota loses top-selling automaker crown

Toyota loses top-selling automaker crown

Toyota lost its crown as the world's top-selling automaker in 2016, company figures showed Monday, with the Japanese giant overtaken by Volkswagen as the industry prepares for an uncertain trade environment under Donald Trump. The German automaker moved b
Published 31 Jan, 2017 12:00am
Migrants petition Thai seafood giant on wages

Migrants petition Thai seafood giant on wages

More than 2,000 migrant workers at a major Thai seafood exporter called Monday for higher wages and better working conditions, a rare stand in a country where foreigners are banned from forming trade unions.
Published 31 Jan, 2017 12:00am
US consumer spending, housing data bolster economic outlook

US consumer spending, housing data bolster economic outlook

US consumer spending accelerated in December as households bought motor vehicles and cold weather boosted demand for utilities amid a rise in wages, pointing to sustained domestic demand that could spur economic growth in early 2017.
Published 31 Jan, 2017 12:00am
TSX posts largest drop since September

TSX posts largest drop since September

Canada's main stock index fell to a nearly two-week low on Monday and was on track for its deepest loss since September after a travel ban implemented by US President Donald Trump triggered uncertainty for investors.
Published 31 Jan, 2017 12:00am
Sri Lankan shares slightly higher

Sri Lankan shares slightly higher

Sri Lankan stocks ended marginally higher on Monday in lacklustre trading as bargain-hunting investors picked up battered shares, but political instability and a rise in interest rates capped gains, brokers said. The Colombo stock index ended 0.1 percent
Published 31 Jan, 2017 12:00am
SE Asian stocks muted as Trump's policies cause concern

SE Asian stocks muted as Trump's policies cause concern

Southeast Asian stock markets were sluggish in lacklustre trade on Monday as US President Donald Trump's travel ban increased concerns about the impact of the new administration's policies on trade and the economy.
Published 31 Jan, 2017 12:00am
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