News Archives for Print - 2018-01-30

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 30 Jan, 2018 12:00am

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 30 Jan, 2018 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 30 Jan, 2018 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 30 Jan, 2018 12:00am

Aaj TV - Tuesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 30 Jan, 2018 12:00am

Asian naphtha hits 5-1/2 month low

Asia's naphtha crack hit a five-and-a-half month low of $73.45 a tonne on Monday, as ample suppliers persistently offset the steady stream of demand. Japan's Mitsubishi Chemical bought naphtha for first-half March delivery at a lower single-digit premium

Published 30 Jan, 2018 12:00am

CBOT corn futures higher

Chicago Board of Trade corn futures edged higher on Friday on technical buying and as traders kept watch on unfavorable dryness in rival exporter Argentina, analysts said. CBOT March corn rose 1-1/4 cents to $3.56-1/2 a bushel. Private exporters struck de

Published 30 Jan, 2018 12:00am

Exchange

Chinese iron ore futures fall to one month low

Chinese iron ore futures fell to their weakest level in a month on Monday as demand for the steelmaking commodity remained slow in the world's top buyer, keeping stocks at its ports near a record high. Arrivals in China were also sustained by a lack of we

Published 30 Jan, 2018 12:00am

CBOT wheat hits seven-week high

Chicago Board of Trade wheat futures touched a seven-week high and finished firmer on Thursday on short covering and technical buying, traders said. CBOT March wheat ended up 1-1/2 cents to $4.34-1/2 a bushel after trading up to $4.38-3/4. That was the hi

Published 30 Jan, 2018 12:00am

Russian wheat export prices rise on stronger rouble

Russian wheat export prices rose last week due to higher global benchmarks and the strengthening of the rouble against the dollar, analysts said on Monday. Black Sea prices for Russian wheat with 12.5 percent protein content were at $194.5 a tonne on a fr

Published 30 Jan, 2018 12:00am

Dry spell hits Zimbabwe crops, government has enough maize reserves

Zimbabwe is experiencing a dry spell that could cut crop yields, a farmers' union said on Monday, but a government official said the country had enough grain reserves to last until next year. The southern African nation produced 2.1 million tonnes of the

Published 30 Jan, 2018 12:00am

Cotton

Listless trade on cotton market

Not a single deal was reported as main buyers were conspicuous by their absence on the cotton market on Monday due to lack of buying interest, dealers said. The official spot rate was unchanged at Rs 7,500, they added. In ready session, not a single deal

Published 30 Jan, 2018 12:00am

Showers promising Ivory Coast cocoa mid-crop

Rain in parts of Ivory Coast's cocoa-growing regions last week could aid the April-to-September mid-crop if it continues, farmers said on Monday. The cocoa season in the world's top producer opened on October 1 and is currently going through the November-

Published 30 Jan, 2018 12:00am

Exchange

PMEX daily trading report

On Friday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,374. The traded value of Metals, Energy and COTS/FX was recorded at PKR 6.699 billion and the number of lots traded was 12,476.

Published 30 Jan, 2018 12:00am

Canadian canola futures slip

ICE Canadian canola futures slipped on Friday, weighed down by light selling by speculators and hedging by commercial handlers. Trading volume was thin, with farmer sales to cash buyers light and few export sales.

Published 30 Jan, 2018 12:00am

CBOT soyabean futures fall

Chicago Board of Trade soyabean futures fell on Friday, pulling back a day after topping $10 a bushel for the first time in seven weeks. CBOT March soyabeans unofficially closed 6-1/4 cents lower at $9.86 a bushel. A day earlier, the most-active contract

Published 30 Jan, 2018 12:00am

CBOT, Kansas City wheat climb on short-covering

Chicago Board of Trade wheat futures reached a seven-week high on short-covering and technical buying on Friday, while Kansas City hard red winter wheat futures hit their highest level in more than three months, traders said. CBOT March wheat ended up 6-1

Published 30 Jan, 2018 12:00am

China's 2017 coal imports from Russia up 36.3 percent

China's coal imports from Russia and Mongolia soared in 2017, customs data showed on Thursday, as the two countries filled a supply gap caused by trade sanctions on North Korea. Arrivals from Russia in 2017 surged 36.3 percent from 2016 to 25.3 million to

Published 30 Jan, 2018 12:00am

EU wheat hits two-week high

Euronext wheat futures climbed on Friday to a two-week high as a firm cash market in France and a rise in Chicago countered pressure from a stronger euro. March milling wheat on Paris-based Euronext settled up 0.75 euro, or 0.5 percent, at 157.25 euros ($

Published 30 Jan, 2018 12:00am

Activities at Karachi and Qasim Ports

The Karachi Port handled 135,255 tonnes of cargo comprising 109,159 tonnes of import cargo and 26,096 tonnes of export cargo including 8,310 loaded and empty containers during the last 24 hours ending at 0700 hours on Monday. The total import cargo of 109

Published 30 Jan, 2018 12:00am

Vegetable Oil

Palm oil firmer on European vegoils market

Palm oil on the European vegetable oils market was slightly firmer on the back of a strong ringgit, which caused Malaysian palm oil futures to edge lower. A strong ringgit makes palm oil more expensive for foreign buyers, which could dampen export demand.

Published 30 Jan, 2018 12:00am

China National Gold sees record production in 2017

China National Gold Group produced a record 42.42 tonnes of gold in 2017, state-run news agency Xinhua reports from the company's annual meeting. China's biggest gold producer reported a full year profit for 2017 of 766 million yuan ($120 million), its be

Published 30 Jan, 2018 12:00am

Exchange

Global growth boom cuts link between rates and FX

With correlations between interest rates and currencies approaching their lowest levels in more than a decade, investors are pondering whether the traditionally dominant driver for foreign exchange markets remains relevant. In usual times, currencies can

Published 30 Jan, 2018 12:00am

Exchange

Dollar crawls up in Asia

The dollar crawled up from lows on Monday but struggled to pull ahead from six straight weeks of losses on its evaporating yield advantage and doubts about Washington's commitment to a strong currency. The dollar index against a basket of six major curren

Published 30 Jan, 2018 12:00am

Exchange

Early trade in New York: dollar rises broadly but set for big monthly drop

The dollar rose on Monday against a basket of currencies as US bond yields climbed and traders waited for a Federal Reserve meeting and a US jobs report later in the week, while the euro and pound were both broadly down. Against a basket of currencies, th

Published 30 Jan, 2018 12:00am

Exchange

Dollar nurses losses against currencies basket in Europe

The dollar consolidated losses against a basket of currencies on Monday as US bond yields rose but traders were cautious on the broader outlook as recent strong data has not changed expectations about the path of US interest rates. Data on Friday showed U

Published 30 Jan, 2018 12:00am

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Monday. 82.90-82.90 (Previous 82.90-82.90).

Published 30 Jan, 2018 12:00am

Currency

Sri Lankan rupee weakens

The Sri Lankan rupee ended slightly weaker on Monday in dull trade as banks and importers bought dollars, dealers said. The spot rupee, which traded at 153.80 per dollar during the day, ended at 153.75/85 per dollar, compared with Friday's close of 153.65

Published 30 Jan, 2018 12:00am

Currency

Asian currencies consolidate gains

Asian currencies consolidated recent strong gains on Monday, starting the week on a subdued note against the dollar as the US currency made little headway after faltering over the past month. The dollar was marginally higher against a basket of currencies

Published 30 Jan, 2018 12:00am

Currency

Yuan edges up

China's yuan edged up slightly against the US dollar on Monday, following a much stronger midpoint fixing by the central bank. The dollar crawled up from lows on Monday but struggled to pull ahead from six straight weeks of losses, given its evaporating y

Published 30 Jan, 2018 12:00am

Currency

Sterling weakens amid renewed Brexit uncertainty

Sterling headed on Monday for its biggest one-day fall against the dollar since November 2 as new concerns over Prime Minister Theresa May's ability to advance her plans for Brexit encouraged traders to take profits after a recent surge The pound is up ab

Published 30 Jan, 2018 12:00am

Currency

Aussie eases

The Australian dollar eased from 2-1/2 year peaks on Monday as speculators booked some profits on short US dollar positions while bracing for a key report on domestic inflation later in the week. The Aussie dollar was down 0.26 percent at $0.8091, having

Published 30 Jan, 2018 12:00am

ME markets mixed, Saudi's Kingdom Holding continues rebound

Middle Eastern stock markets were mixed on Monday with Saudi Arabia's index rising as global investment firm Kingdom Holding continued rebounding after its owner Prince Alwaleed bin Talal was released from custody. The Saudi index gained 0.4 percent as Ki

Published 30 Jan, 2018 12:00am

Indian shares gain

Indian shares touched record highs on Monday after a government report predicted India would have the fastest growing major economy in the coming fiscal year, but bonds slumped as the report also said the government could tolerate some slippage on reducin

Published 30 Jan, 2018 12:00am

Tokyo stocks flat

Tokyo stocks closed flat Monday as late profit-taking erased early gains, while investor focus began shifting to Japanese corporate earnings due in the coming days. The benchmark Nikkei 225 index edged down 0.01 percent or 2.54 points to 23,629.34, but th

Published 30 Jan, 2018 12:00am

Monday's early afternoon trade: Apple leads Wall Street's retreat from record levels

US stocks pulled back sharply on Monday from record levels last week, with the Dow falling more than 100 points, weighed down by Apple after a media report added to concerns about demand for the iPhone X. Apple shares fell as much as 2.6 percent after the

Published 30 Jan, 2018 12:00am

Exchange

China's blue-chip index posts worst day in over months

China stocks tumbled on Monday, with the blue-chip index posting its worst day in more than two months, led by a slump in consumer and healthcare firms as investors booked profits after a recent strong rally. At the close, the Shanghai Composite index was

Published 30 Jan, 2018 12:00am

Sri Lankan shares hold steady

Sri Lankan shares closed little changed on Monday in dull trade as political uncertainty ahead of a local election next month weighed on the sentiment, dealers said. Sri Lanka will hold a long-delayed local government election on February 10.

Published 30 Jan, 2018 12:00am

Hang Seng index ends down

Hong Kong's Hang Seng Index fell on Monday, ending a seven-day winning streak, as the market took a breather after repeatedly hitting record highs. At close of trade, the Hang Seng index was down 187.23 points or 0.56 percent at 32,966.89. The Hang Seng C

Published 30 Jan, 2018 12:00am

Southeast Asian markets: Philippines, Indonesia hit record closes; Malaysia at three-year peak

Most Southeast Asian stock markets ended higher on Monday, with Philippines and Indonesia posting record finishes and Malaysia hitting its highest close in more than three years. The Philippine index marked an all-time closing peak for a third straight se

Published 30 Jan, 2018 12:00am

Currency

Chipmakers, Sanofi deal dominate European share trading

Stellar results from chip-maker AMS and another big pharma deal dominated European share trading at the start of a heavy earnings week, while a rise in bond yields hit income stocks. The euro, whose strength had crimped stocks late last week, eased back f

Published 30 Jan, 2018 12:00am

Currency

Chipmakers, Sanofi deal dominate European share trading

Published 30 Jan, 2018 12:00am

Australian, New Zealand shares up

Australian shares rose 0.4 percent on Monday, led by financials, taking a cue from Wall Street which closed at record levels after strong earnings reports. Boosted by the latest round of earnings including Intel and AbbVie, the three main US indexes climb

Published 30 Jan, 2018 12:00am

Miners and oil companies fuel gain for Britain's FTSE

Britain's top share index pulled ahead of sluggish European markets on Monday thanks to its strong cyclical tilt as mining and oil stocks powered higher. The FTSE 100 ended the session up 0.1 percent at 7,671.53 points, while the FTSE 250 slipped by 0.2 p

Published 30 Jan, 2018 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 27	278.47
USD PKR Interbank Buying / Dec 27	278.22
USD to Japanese Yen / Dec 27	157.88
USD to Swiss Franc / Dec 27	0.90
Pound Sterling to USD / Dec 27	1.25
Euro to USD / Dec 27	1.04

Stock	Volume
S&P 500 / Dec 26	6,037.59
Nasdaq / Dec 26	20,020.36
Dow Jones / Dec 26	43,325.80
India Sensex / Dec 27	78,791.05
Tokyo Nikkei / Dec 27	40,281.16
Hang Seng / Dec 27	20,096.01
FTSE 100 / Dec 27	8,137.45
Germany DAX 30 / Dec 27	19,830.60

Item	Value
Gold 10 Grams PKR / Dec 26	234,911.70
Crude Oil USD/Barrel / Dec 27	69.54
Karachi Cotton PKR/37.32 KG / Dec 27	17,785
Gold Spot USD/Ounce / Dec 27	2,634.16
Cotton US¢/pound / Dec 27	68.72
Petrol/Litre / Dec 28	252.10

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 27 First Capital Equities Limited(FCEL)	6.10 ▲ 1.00 (19.61%)
Chenab Ltd (Pref) / Dec 27 Chenab Limited (Pref)(CLCPS)	4.50 ▲ 0.60 (15.38%)
Sec. Inv. Bank / Dec 27 Security Investment Bank Limited(SIBL)	7.99 ▲ 1.00 (14.31%)
786 Invest Ltd / Dec 27 786 Investments Limited(786)	8.15 ▲ 1.00 (13.99%)
Chenab Ltd / Dec 27 Chenab Limited(CHBL)	9.61 ▲ 1.00 (11.61%)
Next Capital / Dec 27 Next Capital Limited(NEXT)	10.90 ▲ 1.00 (10.10%)
Image Pakistan / Dec 27 Image Pakistan Limited(IMAGE)	20.31 ▲ 1.85 (10.02%)
Baba Farid Sugar / Dec 27 Baba Farid Sugar Mills Limited(BAFS)	53.08 ▲ 4.83 (10.01%)
Biafo Ind. / Dec 27 Biafo Industries Limited(BIFO)	208.88 ▲ 18.99 (10.00%)

Stock	Price
Burj Clean Energy Modaraba / Dec 27 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.10 ▼ -1.00 (-10.99%)
Blue-Ex Ltd / Dec 27 Blue-Ex Limited (GEM)(GEMBLUEX)	40.15 ▼ -4.46 (-10.00%)
Al-Khair Gadoon / Dec 27 Al-Khair Gadoon Limited(AKGL)	41.71 ▼ -4.63 (-9.99%)
Leiner Pak Gelat / Dec 27 Leiner Pak Gelatine Limited(LPGL)	131 ▼ -14.19 (-9.77%)
Jauharabad Sug / Dec 27 Jauharabad Sugar Mills Limited(JSML)	21 ▼ -2.10 (-9.09%)
Aruj Industries / Dec 27 Aruj Industries Limited(ARUJ)	8.62 ▼ -0.86 (-9.07%)
First Imrooz Mod. / Dec 27 First Imrooz Modaraba(FIMM)	200.20 ▼ -19.80 (-9.00%)
MithchellsFruit / Dec 27 Mitchells Fruit Farms Limited(MFFL)	243 ▼ -23.05 (-8.66%)
Grays Leasing / Dec 27 Grays Leasing Limited(GRYL)	5.71 ▼ -0.48 (-7.75%)

Stock	Volume
Fauji Foods Ltd / Dec 27 Fauji Foods Limited(FFL)	104,369,036 ▲ 0.78
WorldCall Telecom / Dec 27 Worldcall Telecom Limited(WTL)	72,731,608 ▲ 0.00
TRG Pak Ltd / Dec 27 TRG Pakistan Limited(TRG)	46,907,628 ▲ 1.54
Cnergyico PK / Dec 27 Cnergyico PK Limited(CNERGY)	40,110,243 ▲ 0.30
Hascol Petrol / Dec 27 Hascol Petroleum Limited(HASCOL)	34,416,789 ▲ 0.06
B.O.Punjab / Dec 27 The Bank of Punjab(BOP)	30,318,392 ▲ 0.04
Ghani Chem. Ind. / Dec 27 Ghani Chemical Industries Limited(GCIL)	26,183,062 ▲ 0.50
Sui South Gas / Dec 27 Sui Southern Gas Company Limited(SSGC)	25,823,481 ▲ 3.11
Silk Bank Ltd / Dec 27 Silkbank Limited(SILK)	25,520,925 ▼ -0.08

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