Pakistan Stock Exchange Monday witnessed a mixed trend as the investors opted to book profit on available margins. BRIndex100 closed at 4,488.78 points, down 2.78 points, or 0.6 percent. BRIndex100 touched intraday high of 4,544.59 and intraday low of 4,4
Pakistan Stock Exchange Monday witnessed a mixed trend as the investors opted to book profit on available margins. BRIndex100 closed at 4,488.78 points, down 2.78 points, or 0.6 percent. BRIndex100 touched intraday high of 4,544.59 and intraday low of 4,4
Former bureaucrat Nasir Saeed Khosa who served as Chief Secretary Punjab and Balochistan has been named as caretaker Punjab Chief Minister. Both the leader of Opposition in Provincial Assembly of the Punjab Mian Mehmood ur Rasheed and Chief Minister Shahb
Former bureaucrat Nasir Saeed Khosa who served as Chief Secretary Punjab and Balochistan has been named as caretaker Punjab Chief Minister. Both the leader of Opposition in Provincial Assembly of the Punjab Mian Mehmood ur Rasheed and Chief Minister Shahb
As second consecutive democratic setup is set to complete its term on May 31, Justice Nasir-ul-Mulk, a former Chief Justice of Pakistan and a nominee of the ruling PML-N, was Monday named as caretaker prime minister for a period of two months to hold gene
As second consecutive democratic setup is set to complete its term on May 31, Justice Nasir-ul-Mulk, a former Chief Justice of Pakistan and a nominee of the ruling PML-N, was Monday named as caretaker prime minister for a period of two months to hold gene
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
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
Louis Dreyfus Company said on Friday it had completed the sale of its metals business to a Chinese investment fund for $466 million, as part of a push to revive profits by focusing on its core agricultural markets.
Chinese lead futures retreated on Monday from their strongest level in nearly eight months, tracking losses in London in the prior session, as investors cashed in on the recent sharp gains. Trading was slow with the London Metal Exchange shut for a UK pub
The Asia-Pacific crude market slipped on Monday as higher volumes of crude from the United States are expected to put pressure on premiums of regional grades. However, the condensate market appears to be supported with Malaysia's Petronas selling its July
Oil prices extended losses on Monday as Saudi Arabia and Russia said they may increase supplies while US production gains showed no sign of slowing. Brent crude futures stood at $75.32 a barrel at 1805 GMT, down $1.12 from the previous close. The contract
Benchmark Tokyo rubber futures recovered from early fall to close slightly higher on Monday, but were under pressure from declining oil prices and high rubber inventories in Shanghai. "Both Shanghai and Tokyo rubber fell in early trade, weighed down by fa
Swiss commodity trader Sucafina picked up a large chunk of robusta coffee stocks tendered on the exchange this month, sources told Reuters, despite a rule change that makes it more costly to carry the coffee forward. Some 62,670 tonnes of coffee had been
Malaysian palm oil futures fell as much as 1.9 percent on Monday evening, hitting their lowest in more than a week, tracking losses in crude and weaker related edible oils. The palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchan
Gold prices fell for a second straight session on Monday as political tensions eased after US President Donald Trump revived hopes of a US-North Korea summit. Spot gold declined 0.4 percent to $1,296.20 per ounce at 0700 GMT, while US gold futures for Jun
Gold prices fell for a second session on Monday as the US dollar firmed and after US President Donald Trump revived hopes that he would meet North Korean leader Kim Jong Un next month, lowering political tensions and demand for gold as a safe-haven invest
Rabobank marginally boosted its forecast for the 2018/19 global coffee surplus on Friday, but warned growing weather risks in top growers Brazil and Vietnam could heighten volatility in the market. The world coffee market is poised for a surplus of 3.8 mi
Analyst firm Strategie Grains maintained its outlook for a sharp drop in European Union soft wheat exports in 2017/18, while also scaling back its expectations for a rebound next season. The analyst nudged up its forecast for EU soft wheat exports in the
Asia's naphtha stayed firm on tight supplies as reflected in this week's spot deals where premiums were higher compared with two weeks ago. Premiums of spot cargoes sold to Taiwan and sold out of India were at their highest in over three years.
Chicago Board of Trade (CBOT) wheat futures ended higher for the third time in four days on Friday, holding near a 10-month high as dry weather threatened crop prospects in the US Plains and other major global production areas.
Physical gold demand remained subdued this week in most Asian hubs as prices rebounded following an initial dip, while dealers in India offered bigger discounts to spur buying amid high domestic prices. "When the (global) prices fell below $1,300 we saw s
Brazil's center-south region is expected to crush less cane in the second half of May than they did in the first half of the month as a result of fuel supply shortages following truckers' nationwide protests, millers and analysts said on Friday.
Chicago Board of Trade (CBOT) soyabean futures rose for the fifth time in six sessions on Friday on rising demand from top importer China following an easing of trade tensions with the top soya importer. CBOT July soyabeans ended up 5-3/4 cents at $10.41-
China's nod to state-owned companies to start buying US soyabeans again to help placate its top trading partner may turn into a test of Beijing's will over market forces. A buying spree right now would be painful for well-stocked Chinese soyabean end-user
Slow business was witnessed on the cotton market on Monday amid partial arrivals of seed cotton from Sindh, dealers said. The official spot rate was down by Rs 100 to Rs 7,400, they added. In the ready session, over 1600 bales of cotton changed hands betw
On Friday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,492. The traded value of Metals, Energy and COTS/FX was recorded at 6.125 billion and the number of lots traded was 12,885. Major business was contributed by WTI crude oil
Chinese steel futures rose on Friday, with concerns over demand easing amid declining steel inventories in the world's top producer of the material. Stockpiles of rebar construction steel at traders had this week fallen 410,000 tonnes to 5.66 million tonn
European wheat prices hit new 10-month highs on Friday on persistent concerns that dry weather in major producing and exporting countries could cause damage to crops. December milling wheat on Paris-based Euronext was 1 percent higher by 1450 GMT at 185.5
The Karachi Port handled 221,660 tonnes of cargo comprising 132,518 tonnes of import cargo and 89,142 tonnes of export cargo including 3,957 loaded and empty containers during the last 24 hours ending at 0700 hours on Monday. The total import cargo of 132
ICE Canadian canola futures slipped on Friday, pressured by weakness in soyoil. Canola was underpinned by concerns about dry conditions in Western Canada and supportive weakness in the Canadian dollar, a trader said. Technical-trading funds hold an estima
Australia have been further weakened for next month's one-day international series in England following the withdrawal of leading paceman Josh Hazlewood, Cricket Australia said Monday. Hazlewood, who was the most experienced fast bowler in the one-day squ
Sri Lanka's cricket board on Monday described allegations of pitch-tampering at Galle International Stadium as "difficult to believe" but agreed to cooperate fully with an international investigation. TV news channel Al Jazeera broadcast a documentary Sun
Qatari news channel Al Jazeera was urged to hand over evidence of alleged match-fixing on Monday after a TV documentary claimed to uncover corruption at the highest levels of world cricket. England's coach and captain both slammed allegations of spot-fixi
Former French Open champion Stan Wawrinka continued to struggle with form and fitness as he was dumped out in the first round by Guillermo Garcia-Lopez on Monday, a defeat which will send his world ranking plummeting, but Novak Djokovic cruised through in
The Monaco Grand Prix faced a growing barrage of criticism on Monday after Fernando Alonso and Lewis Hamilton described it as "probably the most boring race ever". Daniel Ricciardo's winning performance on Sunday in his power-reduced Red Bull may have boo
After contributing with 8 wickets in the Lord's Test, Pacer Mohammad Abbas leads a trio of Pakistan fast bowlers who have moved up in the MRF Tyres ICC Test Player Rankings. Abbas with eight for 64 has led Pakistan team to victory. This performance has he
Argentina captain Lionel Messi has urged his compatriots to be realistic in their World Cup expectations, warning that other teams heading to Russia are better. In an interview with Argentine Canal 13, Messi also discussed why he did not take the chance t
England have recalled Keaton Jennings in place of struggling opener Mark Stoneman for the second Test against Pakistan at Headingley starting on Friday. That was the only change to a 12-man squad announced by the England and Wales Cricket Board on Monday
Russia's communications watchdog said Monday it had requested Apple help it block the popular messaging app Telegram which has been banned in the country for refusing to give the security services access to private conversations. Roskomnadzor said it had
A Malian migrant who scaled a four-storey Paris apartment bloc with his bare hands to save a child was honoured by French President Emmanuel Macron on Monday and offered citizenship. Two days after his daring Spiderman-style rescue - viewed millions of ti
NATO said Monday it will focus on five key areas from deterrence to modernisation and EU relations at its July summit, with measures to "manage" ties with an increasingly assertive Russia high on the agenda. Secretary General Jens Stoltenberg told lawmake