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Print - 2018-02-23
Calibri font was not available commercially until Jan 31, 2007: witness

Calibri font was not available commercially until Jan 31, 2007: witness

Robert Radley, a UK-based forensic expert and one of prosecution witnesses Thursday told the Accountability Court that it is incorrect that Calibri font was being used by people in 2005 as at that time it was only available to a limited number of IT exper
Published 23 Feb, 2018 12:00am
Shanghai copper up
Exchange

Shanghai copper up

Shanghai Futures Exchange copper pared early gains of 1 percent to end at 52,750 yuan ($8,300) a tonne on Thursday, still up 0.4 percent after trading in Shanghai resumed after a week-long break. ShFE nickel and lead held small gains while other metals we
Published 23 Feb, 2018 12:00am
Nickel, zinc hit week lows as China returns, steel slumps
Exchange

Nickel, zinc hit week lows as China returns, steel slumps

Nickel and zinc hit their lowest levels in over a week on Thursday as Chinese investors sold metals as their markets opened after holidays and steel prices dropped. Prices came off their lows in the European afternoon after the dollar reversed direction a
Published 23 Feb, 2018 12:00am
Iraq southern oil exports around 3.5 millions bpd so far in February

Iraq southern oil exports around 3.5 millions bpd so far in February

Iraq's crude oil exports from its southern ports on the Gulf stand at 3.5 million barrels per day so far in February, two oil industry officials told Reuters on Thursday. "Despite repeated bad weather issues this month we expect the monthly average to sta
Published 23 Feb, 2018 12:00am
Oil prices rise after unexpected drawdown in US crude stocks
Currency

Oil prices rise after unexpected drawdown in US crude stocks

Oil prices rose to two-week highs on Thursday, boosted by data showing a surprise draw in US crude inventories and also by a drop in the dollar. US crude inventories unexpectedly fell 1.6 million barrels last week as net imports dropped to a record low an
Published 23 Feb, 2018 12:00am
Rubber snaps three-day rally
Exchange

Rubber snaps three-day rally

Benchmark Tokyo rubber futures fell on Thursday, snapping a three-session rally, as a stronger yen, lower oil prices and plunging Tokyo stock market weighed on market sentiment, dealers said. The Tokyo Commodity Exchange (TOCOM) rubber contract for July d
Published 23 Feb, 2018 12:00am
Palm oil pares gains on less than expected output drop
Vegetable Oil

Palm oil pares gains on less than expected output drop

Malaysian palm oil futures fell on Thursday evening, ending the day slightly weaker after posting gains at noon, as market sentiment turned bearish on a less than expected drop in output. The market was up earlier on the back of a weaker ringgit and overn
Published 23 Feb, 2018 12:00am
New York cocoa falls, arabica coffee rebounds

New York cocoa falls, arabica coffee rebounds

Cocoa futures on ICE turned lower on Thursday after the New York market tapped a three-month high and London prices failed to breach the prior session's peak on chart-based selling, while arabica coffee rebounded from a two-month low. May New York cocoa s
Published 23 Feb, 2018 12:00am
Gold falls in New York

Gold falls in New York

Gold dipped further on Wednesday, a day after its biggest daily slide in 2-1/2 months, but briefly bounced higher as the US dollar slipped for a short time after the release of minutes from the US Federal Reserve's January policy meeting. The Fed minutes
Published 23 Feb, 2018 12:00am
Gold dips in Asia
Currency

Gold dips in Asia

Gold prices edged lower for the fifth straight session on Thursday as the dollar was bolstered by minutes of the last US Federal Reserve meeting that showed policymakers backed further interest rate hikes. "The high interest rate environment would be key
Published 23 Feb, 2018 12:00am
Gold rises in Europe
Currency

Gold rises in Europe

Gold swung higher on Thursday, snapping four sessions of losses as the dollar surrendered early gains, though the metal remained on track for its biggest weekly decline this year. The dollar had risen after minutes from the last US Federal Reserve meeting
Published 23 Feb, 2018 12:00am
US MIDDAY: soya, corn futures flat

US MIDDAY: soya, corn futures flat

US grain and soya futures were nearly unchanged on Thursday in largely technical-driven trading as investors awaited supply and demand estimates from an annual Department of Agriculture forum due early on Friday. USDA on Thursday predicted US plantings of
Published 23 Feb, 2018 12:00am
US MIDDAY: gold swings higher
Currency

US MIDDAY: gold swings higher

Gold rose on Thursday, snapping four sessions of losses as the US dollar surrendered early gains, though the metal remained lower for the week to date and analysts said they expected trading to be rangebound. The dollar slipped against a basket of major c
Published 23 Feb, 2018 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (February 22, 2018).

Published 23 Feb, 2018 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (February 22, 2018).

Published 23 Feb, 2018 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (February 22, 2018).

Published 23 Feb, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (February 22, 2018).

Published 23 Feb, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (February 22, 2018).

Published 23 Feb, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (February 22, 2018).

Published 23 Feb, 2018 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (February 22, 2018).

Published 23 Feb, 2018 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (February 22, 2018).
Published 23 Feb, 2018 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 Thursday (February 22, 2018).

Published 23 Feb, 2018 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 23 Feb, 2018 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 23 Feb, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 23 Feb, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 23 Feb, 2018 12:00am
ECB loath to tighten policy while euro strong: minutes
Currency

ECB loath to tighten policy while euro strong: minutes

Some European Central Bank governors are keen to begin preparing markets for an exit from ultra-loose monetary policy, minutes of a January meeting published Thursday showed, but a majority still plump for caution. "It was remarked that communication on m
Published 23 Feb, 2018 12:00am
PMEX daily trading report
Exchange

PMEX daily trading report

On Wednesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,242. The traded value of Metals, Energy and COTS/FX was recorded at PKR 5.952 billion and the number of lots traded was 8,337. Major business was contributed by gold am
Published 23 Feb, 2018 12:00am
Asian naphtha cracks extend losses for second day

Asian naphtha cracks extend losses for second day

Asia's naphtha cracks extended losses for the second day on Tuesday to reach a four-session low of $69.10 a tonne but spot prices in South Korea have flipped to premiums after they turned negative recently. South Korea's Hanwha Total and YNCC were seeking
Published 23 Feb, 2018 12:00am
Soyameal rises on European feeds market

Soyameal rises on European feeds market

Soyameal on the European meals and feeds market rose substantially on Tuesday following concerns that a hot, dry spell in the Argentine soyabean belt could damage crops and reduce yields. "Although there was some rain in Argentina over the weekend it was
Published 23 Feb, 2018 12:00am
Japan's January crude steel output rises

Japan's January crude steel output rises

Japan's crude steel output in January rose 0.3 percent from a year earlier to 9.03 million tonnes, the third straight month of year-on-year increases and the highest in a year, the Japan Iron and Steel Federation said on Tuesday. Output, which is not seas
Published 23 Feb, 2018 12:00am
Activities at Karachi and Qasim ports

Activities at Karachi and Qasim ports

The Karachi Port handled 181,992 tonnes of cargo comprising 131,188 tonnes of import cargo and 50,804 tonnes of export cargo including 7,602 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday. The total import cargo of 1
Published 23 Feb, 2018 12:00am
Prices to hold firm
Cotton

Prices to hold firm

Prices managed to hold firmness on the cotton market on Thursday in the process of modest trading activity, dealers said. The official spot rate was unchanged at Rs 6,900, they added. In Sindh and the Punjab, seed cotton prices were at Rs 2400-3000, they
Published 23 Feb, 2018 12:00am
CBOT corn ends lower

CBOT corn ends lower

Chicago Board of Trade corn futures slipped on Tuesday on technical selling and profit-taking, after touching a six-month high, traders said. The benchmark CBOT March contract pulled back from a session high of $3.70 a bushel, the highest price for a most
Published 23 Feb, 2018 12:00am
Stable condition on cotton market
Cotton

Stable condition on cotton market

Prices ruled steady on the domestic cotton market following increases in New York futures at midweek where traders pointed to impressive export sales and also more enquiries in hand which boosted the fundamentals. Similarly, the Indian cotton market becam
Published 23 Feb, 2018 12:00am
Stable condition on cotton market
Cotton

Stable condition on cotton market

Prices ruled steady on the domestic cotton market following increases in New York futures at midweek where traders pointed to impressive export sales and also more enquiries in hand which boosted the fundamentals. Similarly, the Indian cotton market becam
Published 23 Feb, 2018 12:00am
Stands tall in Asia
Currency

Stands tall in Asia

The dollar rose to a one-week high against a basket of major currencies on Thursday, after minutes of the Federal Reserve's January meeting showed policymakers were more confident of the need to keep raising interest rates. The dollar index edged up 0.1 p
Published 23 Feb, 2018 12:00am
Moves to 10-day high in Europe
Exchange

Moves to 10-day high in Europe

The dollar inched up to a 10-day high on Thursday after minutes from the US Federal Reserve's January meeting showed policymakers confident in rising inflation, while the euro was left unmoved by its own central bank's policy minutes. European Central Ban
Published 23 Feb, 2018 12:00am
Early trade in New York: dollar slips broadly; yen soars
Currency

Early trade in New York: dollar slips broadly; yen soars

The dollar slipped against a basket of major currencies on Thursday, as its rally from a three-year low last week ran out of steam, and the yen soared as heightened volatility led investors to favour the Japanese currency. The dollar index, which measures
Published 23 Feb, 2018 12:00am
Dollar rises in NY on more rates increase hope
Exchange

Dollar rises in NY on more rates increase hope

The dollar rose to a more than one-week peak on Wednesday, extending its recovery from last week, helped by higher short-term Treasury yields, and as minutes of Federal Reserve's January meeting showed policymakers confident in the need to keep raising in
Published 23 Feb, 2018 12:00am
Bangladesh's interbank forex rates

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Thursday. 82.94-82.94 (Previous 82.94-82.94).
Published 23 Feb, 2018 12:00am
Sri Lankan rupee weakens
Currency

Sri Lankan rupee weakens

The Sri Lankan rupee ended slightly weaker on Thursday in dull trade as importer dollar demand outweighed selling of the greenback by exporters. The rupee ended at 155.25/30 per dollar, compared with Wednesday's close of 155.10/25. The rupee hit a record
Published 23 Feb, 2018 12:00am
Asian currencies weaken
Exchange

Asian currencies weaken

Asian currencies languished against the dollar on Thursday after minutes of the Federal Reserve's January meeting showed policymakers were more confident of the need to keep raising interest rates. The Federal Reserve's rate-setting committee showed more
Published 23 Feb, 2018 12:00am
Sterling bounces off one-week low
Currency

Sterling bounces off one-week low

Sterling rose from a one-week low on Thursday as the dollar slumped towards a session low, although renewed concerns over the state of play in Brexit negotiations checked the British currency's gains. Despite sterling's weakness this week, it is still up
Published 23 Feb, 2018 12:00am
Aussie, kiwi struggle
Currency

Aussie, kiwi struggle

The Australian dollar fell again on Thursday and its New Zealand cousin was on track for a fifth straight day of weakening as the greenback extended gains amid bolstered expectations of at least three rate hikes in the United States this year. The Aussie
Published 23 Feb, 2018 12:00am
Emaar continues rebound but Dubai, regional markets mostly move little

Emaar continues rebound but Dubai, regional markets mostly move little

Dubai blue chip Emaar Properties continued to rebound in heavy trade on Thursday but regional stock markets were mostly lacklustre, partly because of weak global bourses and oil prices. Emaar, which had been trading near 14-month lows, surged 3.2 percent
Published 23 Feb, 2018 12:00am
Tokyo stocks slump

Tokyo stocks slump

Tokyo stocks dropped on Thursday following falls on Wall Street as market sentiment remained fragile after recent volatility. The benchmark Nikkei 225 index lost 1.07 percent or 234.37 points to close at 21,736.44 and the broader Topix index was down 0.88
Published 23 Feb, 2018 12:00am
Thursday's early trade: technology, industrial shares shine

Thursday's early trade: technology, industrial shares shine

Gains in technology and industrial shares helped US stocks rebound from a two-day fall on Thursday as investors shrugged off the prospects of more interest rate hikes this year. Minutes of the Federal Reserve's latest meeting showed on Wednesday that the
Published 23 Feb, 2018 12:00am
Wall Street falls as Fed minutes send bond yields higher
Exchange

Wall Street falls as Fed minutes send bond yields higher

US stocks closed lower on Wednesday in a rocky session after the release of the minutes from the Federal Reserve's January meeting pushed yields on the benchmark 10-year US Treasury note to a four-year high. After the Fed left interest rates unchanged in
Published 23 Feb, 2018 12:00am
Wall Street falls as Fed minutes send bond yields higher
Exchange

Wall Street falls as Fed minutes send bond yields higher

US stocks closed lower on Wednesday in a rocky session after the release of the minutes from the Federal Reserve's January meeting pushed yields on the benchmark 10-year US Treasury note to a four-year high. After the Fed left interest rates unchanged in
Published 23 Feb, 2018 12:00am
Hong Kong stocks pull back

Hong Kong stocks pull back

Hong Kong stocks pulled back on Thursday from a two-week high hit in the previous session as investors took profit from sectors such as tech and financials , though the decline was capped by inflows from mainland China. At close of trade, the Hang Seng in
Published 23 Feb, 2018 12:00am
Treasury yields climb

Treasury yields climb

US Treasury yields surged on Wednesday in choppy trading, after minutes of the latest Federal Reserve meeting affirmed expectations of further rate increases this year, with economic growth seen accelerating. US benchmark 10-year note yields, which move i
Published 23 Feb, 2018 12:00am
Treasury yields climb

Treasury yields climb

US Treasury yields surged on Wednesday in choppy trading, after minutes of the latest Federal Reserve meeting affirmed expectations of further rate increases this year, with economic growth seen accelerating. US benchmark 10-year note yields, which move i
Published 23 Feb, 2018 12:00am