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Print - 2018-07-11
Bangladesh's interbank forex rates

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Tuesday. 83.75-83.75 (Previous 83.75-83.75).
Published 11 Jul, 2018 12:00am
Dollar rallies against sterling in New York
Currency

Dollar rallies against sterling in New York

The British pound on Monday recorded its largest daily drop against the US dollar in 3-1/2 weeks after two euroskeptic ministers announced their resignation from UK Prime Minister Theresa May's cabinet, leaving the British leader's Brexit plans in chaos.
Published 11 Jul, 2018 12:00am
Dollar strengthens broadly in European trade
Currency

Dollar strengthens broadly in European trade

The dollar strengthened broadly on Monday and neared a six-month high against the Japanese yen as investors bought riskier assets, encouraged by signs that trade tensions have yet to hurt economic momentum. As the second-quarter corporate earnings season
Published 11 Jul, 2018 12:00am
British pound frail in Asia
Currency

British pound frail in Asia

The British pound was frail on Tuesday after the departure of two key eurosceptic ministers raised worries about a "hard Brexit" while the yen retreated against the dollar as investors bid up riskier assets. Sterling stood at $1.3248, having fallen to as
Published 11 Jul, 2018 12:00am
Ireland should sell bank shares sooner, not later: debt agency

Ireland should sell bank shares sooner, not later: debt agency

Ireland's government should sell more bank shares sooner rather than later to reduce the risk of their value falling and to cut the state's still high debts, the head of the country's debt agency said on Monday. Ireland still has majority stakes in Allied
Published 11 Jul, 2018 12:00am
Wider Philippines trade deficit in May puts peso under pressure

Wider Philippines trade deficit in May puts peso under pressure

The Philippines' trade deficit widened further in May to a five-month high, adding further strain on the peso that has been hovering at 12-year lows. The deficit widened 6.3 percent to $3.7 billion, the statistics agency said on Tuesday, the highest level
Published 11 Jul, 2018 12:00am
NZ to buy new Boeing maritime patrol planes

NZ to buy new Boeing maritime patrol planes

New Zealand announced plans to spend NZ$2.35 billion ($1.6 billion) on four Boeing P-8A Poseidon maritime patrol aircraft from the US government to better monitor vast swathes of the Pacific. The planes, a modified version of the Boeing 737 commercial air
Published 11 Jul, 2018 12:00am
Danske Bank's money laundering scandal spinning faster

Danske Bank's money laundering scandal spinning faster

Denmark, a Nordic kingdom not often associated with financial shenanigans, is facing a massive scandal with banking champion Danske Bank accused of helping to launder $8.3 billion through an Estonian subsidiary.
Published 11 Jul, 2018 12:00am
Canada housing starts, building permits surge

Canada housing starts, building permits surge

Canadian housing starts surged in June as groundbreaking on multiple unit urban homes hit a record high, and building permits for May also jumped, reflecting renewed strength in housing after a weak spring, separate reports showed on Tuesday. Construction
Published 11 Jul, 2018 12:00am
Cuba to prune back private sector as new rules start in December

Cuba to prune back private sector as new rules start in December

Cuba will restrict business licenses to one per person under new private sector regulations which come into force in December amid fears reforms to open up its ailing economy have gone too far and are fuelling inequality. The long-awaited changes, due to
Published 11 Jul, 2018 12:00am
Energy subsidy cuts trigger June jump in Egypt consumer inflation

Energy subsidy cuts trigger June jump in Egypt consumer inflation

Egypt's annual urban consumer inflation surged to 14.4 percent in June as cuts to energy subsidies imposed under an IMF loan deal hit the economy sooner than expected. The speed at which June's increases in fuel, electricity and transportation fares hit t
Published 11 Jul, 2018 12:00am
Odebrecht agrees to pay Brazil government $700 million over bribes

Odebrecht agrees to pay Brazil government $700 million over bribes

Corruption scandal-tainted construction giant Odebrecht has agreed to pay a multi-million dollar settlement to the Brazilian government for bribing public officials. The deal gives Odebrecht 22 years to complete the 2.7 billion reis ($700 million) payment
Published 11 Jul, 2018 12:00am
Serena battles into 11th Wimbledon semi, Kerber advances
Kerb

Serena battles into 11th Wimbledon semi, Kerber advances

Serena Williams survived a major scare before sealing her 11th Wimbledon semi-final appearance, while Angelique Kerber remains the seven-time champion's main title rival after the German joined her in the last four on Tuesday. Williams was in danger of a
Published 11 Jul, 2018 12:00am
Nigeria risks FIFA rap over court battle

Nigeria risks FIFA rap over court battle

Nigeria on Tuesday edged closer to a possible showdown with FIFA after a judge adjourned a long-running court case over the disputed leadership of the country's football federation. The case, heard at the Federal High Court in the central city of Jos, see
Published 11 Jul, 2018 12:00am
Barca confirm Brazil new recruit Arthur

Barca confirm Brazil new recruit Arthur

Barcelona have confirmed the arrival of Brazilian new recruit Arthur from Brazilian outfit Gremio on a 31 million euros ($37 million) deal. The Spanish champions will pay an extra 9 million in bonuses in the six-year deal struck with the Brazilians for th
Published 11 Jul, 2018 12:00am
Djokovic relegates Federer in Wimbledon quarter-final line-up

Djokovic relegates Federer in Wimbledon quarter-final line-up

Novak Djokovic won his battle to be promoted to Centre Court billing for Wednesday's quarter-finals, forcing eight-time champion Roger Federer off the sport's most famous arena for the first time in three years. Three-time champion Djokovic will open the
Published 11 Jul, 2018 12:00am
Banned drug test: PCB to take action against Ahmed Shehzad

Banned drug test: PCB to take action against Ahmed Shehzad

Pakistan Cricket Board (PCB) is set to initiate action against cricketer Ahmed Shehzad as an independent review board has confirmed that the batsman tested positive for a banned substance. The PCB tweeted on Tuesday that it will issue a charge sheet to th
Published 11 Jul, 2018 12:00am
Ronaldo joins Juventus

Ronaldo joins Juventus

Modern great Cristiano Ronaldo left Real Madrid to join Italian champions Juventus for 100 million euros ($117 million) on Tuesday, with the Portuguese superstar saying the time had come "for a new stage" in his life. Juventus confirmed that Ronaldo had s
Published 11 Jul, 2018 12:00am
England dreaming but Croatia set to provide biggest World Cup test

England dreaming but Croatia set to provide biggest World Cup test

England are dreaming of a first World Cup final since 1966 but first they must come through Wednesday's semi-final at the Luzhniki Stadium against Croatia in what looks like their toughest test yet in Russia. Excitement has reached fever-pitch levels back
Published 11 Jul, 2018 12:00am
Russian wheat export prices stable due to dry weather

Russian wheat export prices stable due to dry weather

Russian wheat export prices were stable last week due to concerns over dry weather, analysts said on Monday. Black Sea prices for the new crop of Russian wheat were at $200 a tonne on a free on board (FOB) basis at the end of last week, unchanged from a w
Published 11 Jul, 2018 12:00am
Prices move higher on cotton market
Cotton

Prices move higher on cotton market

Prices maintained upward march on the cotton market on Tuesday in the process of trading, dealers said. The official spot rate maintained it's overnight level at Rs 8200, they added. Prices of seed cotton in Sindh were at Rs 3800-4200, while in the Punjab
Published 11 Jul, 2018 12:00am
Activities at Karachi and Qasim Ports

Activities at Karachi and Qasim Ports

The Karachi Port handled 195,970 tonnes of cargo comprising 159,214 tonnes of import cargo and 36,756 tonnes of export cargo including 6,258 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday.
Published 11 Jul, 2018 12:00am
EU wheat falls as traders wait on harvest

EU wheat falls as traders wait on harvest

Euronext wheat fell for a second straight session, easing from last week's one-month high as investors waited to see the extent of weather damage to harvests in France and elsewhere in Europe. A firm euro and a drop in Chicago helped push Euronext prices
Published 11 Jul, 2018 12:00am
China's steel rebar futures rise on falling stockpiles

China's steel rebar futures rise on falling stockpiles

China's construction steel rebar futures rose on Monday on falling inventories and potential stimulus plans, with focus shifting back to market fundamentals and away from the festering Sino-US trade war. US tariffs on $34 billion worth of Chinese goods to
Published 11 Jul, 2018 12:00am
PMEX daily trading report
Cotton

PMEX daily trading report

On Monday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,552. The traded value of Metals, Energy and COTS/FX was recorded at PKR 4.735 billion and the number of lots traded was 6,908.
Published 11 Jul, 2018 12:00am
CBOT wheat futures down on technical selling

CBOT wheat futures down on technical selling

Chicago Board of Trade wheat futures were dragged down by technical selling amid the souring grains complex on Monday, said traders, despite recent concerns about deteriorating wheat production prospects in Europe and the Black Sea region. CBOT September
Published 11 Jul, 2018 12:00am
CBOT corn futures fall on cooler weather

CBOT corn futures fall on cooler weather

Chicago Board of Trade corn futures fell on Monday, as traders worried about cooler-than-expected weather forecasts for the Midwest farm belt when more of the US corn crop will be entering its critical pollination stage.
Published 11 Jul, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 11 Jul, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 11 Jul, 2018 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 11 Jul, 2018 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 11 Jul, 2018 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 Tuesday (July 10, 2018).

Published 11 Jul, 2018 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 Tuesday (July 10, 2018).

Published 11 Jul, 2018 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (July 10, 2018).
Published 11 Jul, 2018 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (July 10, 2018).

Published 11 Jul, 2018 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 11 Jul, 2018 12:00am
Army explains its role in elections

Army explains its role in elections

Director General Inter-Services Public Relations (ISPR), Major General Asif Ghafoor categorically said on Tuesday the army is apolitical and will perform election duties in a "non-political and impartial manner." The DG ISPR, while terming the second demo
Published 11 Jul, 2018 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 11 Jul, 2018 12:00am
Army explains its role in elections

Army explains its role in elections

Director General Inter-Services Public Relations (ISPR), Major General Asif Ghafoor categorically said on Tuesday the army is apolitical and will perform election duties in a "non-political and impartial manner." The DG ISPR, while terming the second demo
Published 11 Jul, 2018 12:00am
SECP asks PSX to remove Lawai

SECP asks PSX to remove Lawai

The Secu-rities and Exchange Commi-ssion of Pakistan (SECP) has directed Pakistan Stock Exchange Limited (PSX) vide direction dated 10 July, 2018 to immediately remove Hussain Lawai as Chairman of the Board of Directors of PSX.
Published 11 Jul, 2018 12:00am
SECP asks PSX to remove Lawai

SECP asks PSX to remove Lawai

The Secu-rities and Exchange Commi-ssion of Pakistan (SECP) has directed Pakistan Stock Exchange Limited (PSX) vide direction dated 10 July, 2018 to immediately remove Hussain Lawai as Chairman of the Board of Directors of PSX.
Published 11 Jul, 2018 12:00am
SECP asks PSX to remove Lawai

SECP asks PSX to remove Lawai

The Secu-rities and Exchange Commi-ssion of Pakistan (SECP) has directed Pakistan Stock Exchange Limited (PSX) vide direction dated 10 July, 2018 to immediately remove Hussain Lawai as Chairman of the Board of Directors of PSX.
Published 11 Jul, 2018 12:00am
FIA asks Zardari, sister to record statements

FIA asks Zardari, sister to record statements

Federal Invest-igation Agency (FIA) on Tuesday summoned former President Asif Ali Zardari and his sister Faryal Talpur to appear before it to record their statements in a money laundering case on Wednesday (today).
Published 11 Jul, 2018 12:00am
FIA asks Zardari, sister to record statements

FIA asks Zardari, sister to record statements

Federal Invest-igation Agency (FIA) on Tuesday summoned former President Asif Ali Zardari and his sister Faryal Talpur to appear before it to record their statements in a money laundering case on Wednesday (today).
Published 11 Jul, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (July 10, 2018).

Published 11 Jul, 2018 12:00am
BRIndex100 turns green

BRIndex100 turns green

Pakistan Stock Exchange opened on a bearish note in continuation with the declining trend a day earlier, however late buying in select stocks supported it to close in positive territory. BRIndex100 gained 32.84 points or 0.79 percent to close at 4,208.12
Published 11 Jul, 2018 12:00am
BRIndex100 turns green

BRIndex100 turns green

Pakistan Stock Exchange opened on a bearish note in continuation with the declining trend a day earlier, however late buying in select stocks supported it to close in positive territory. BRIndex100 gained 32.84 points or 0.79 percent to close at 4,208.12
Published 11 Jul, 2018 12:00am
Nawaz asks ECP to take matters into its own hands

Nawaz asks ECP to take matters into its own hands

Former prime minister Nawaz Sharif on Tuesday urged the Election Commission of Pakistan to take all affairs regarding Elections 2018 into its owns hands because only the ECP had the mandate to conduct elections, and no one else could do this. "We'll not a
Published 11 Jul, 2018 12:00am
Name of Zardari added to ECL without proof: Aitzaz

Name of Zardari added to ECL without proof: Aitzaz

Senior Pakistan People's Party (PPP) stalwart Aitzaz Ahsan said Tuesday the name of party co-chairman Asif Zardari has been added to the Exit Control List (ECL) without any proof of corruption. He was talking to media after attending a meeting of PPP top
Published 11 Jul, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (July 10, 2018).

Published 11 Jul, 2018 12:00am