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Print - 2018-09-18
Southeast Asian stocks: Indonesia, Singapore sink
Currency

Southeast Asian stocks: Indonesia, Singapore sink

Indonesian shares plunged on Monday as a wider-than-expected August trade deficit and the imminent new round of US tariffs on Chinese goods hurt investor sentiment in the region. Indonesia's trade deficit narrowed in August, but the gap was larger than ex
Published 18 Sep, 2018 12:00am
Indian shares fall

Indian shares fall

Indian shares fell over 1 percent on Monday after two straight sessions of gains, as measures outlined by the government on Friday to stem the rupee's steep decline failed to boost investor sentiment, while weak Asian shares also weighed on the market. Th
Published 18 Sep, 2018 12:00am
China stocks near four-year low, Hong Kong down
Currency

China stocks near four-year low, Hong Kong down

Shares in Hong Kong finished lower, and China's main Shanghai Composite index fell to its lowest close in nearly four years on Monday as reports said US President Donald Trump would unveil new tariffs on $200 billion of imported Chinese goods this week. T
Published 18 Sep, 2018 12:00am
Sri Lankan shares slip

Sri Lankan shares slip

Sri Lankan shares fell slightly to a near three-week closing low on Monday as investors sold manufacturing and banking stocks in dull trade, and the rupee hit a fresh low in its record-setting spree. The Colombo stock index ended 0.05 percent weaker at 6,
Published 18 Sep, 2018 12:00am
Visa law fails to lift Dubai bourse but Saudi index rebounds

Visa law fails to lift Dubai bourse but Saudi index rebounds

Middle East stock markets mostly fell on Monday because of US-China trade tensions, with Dubai sliding despite a new visa policy designed to support slumping real estate prices. Saudi Arabia's market, however, rebounded after a five-day slide.
Published 18 Sep, 2018 12:00am
Sterling climbs
Currency

Sterling climbs

The pound on Monday hit a six-week high, helped by a weaker dollar and reports of progress on the Irish border question, an obstacle to Brexit diplomats will try to overcome this week at a European Union summit. The United Kingdom is due to leave the EU o
Published 18 Sep, 2018 12:00am
Aussie, kiwi near 2-1/2 years low
Currency

Aussie, kiwi near 2-1/2 years low

The Australian and New Zealand dollars held near 2-1/2 year lows on Monday as global trade concerns took centre stage once again amid fears of a souring relationship between the United States and China. The Australian dollar, often traded as a liquid prox
Published 18 Sep, 2018 12:00am
Most Asian currencies fall
Currency

Most Asian currencies fall

Most Asian currencies dropped significantly on Monday on worries that the U.S-China trade dispute could escalate, deepening fears of a global trade war. The two emerging Asian currencies most under pressure - the Indonesian rupiah and the Indian rupee - b
Published 18 Sep, 2018 12:00am
Sri Lankan rupee hits record low
Currency

Sri Lankan rupee hits record low

The Sri Lankan rupee touched a fresh low of 165.10 per dollar on Monday, due to higher dollar demand from importers and banks to facilitate foreign bond outflows amid exporters who were reluctant to sell the US currency, market sources said.
Published 18 Sep, 2018 12:00am
Dollar trims gains in European trade
Currency

Dollar trims gains in European trade

The dollar gave up early gains and fell on Monday while emerging market currencies slipped nearly half a percent as investors waited for the next salvo in the trade war between the United States and China. US President Donald Trump is likely to announce n
Published 18 Sep, 2018 12:00am
Early trade in New York: dollar broadly weakens
Currency

Early trade in New York: dollar broadly weakens

The US dollar slipped broadly on Monday as investors worried that Washington was set to announce a new round of tariffs on Chinese goods in the latest escalation of the trade conflict between the world's two largest economies. The euro was 0.51 percent hi
Published 18 Sep, 2018 12:00am
Dollar rises in Asia
Currency

Dollar rises in Asia

The dollar held above a recent 1-1/2 month trough against a basket of major currencies on Monday as investors awaited details on a new round of US tariffs against China, which could further sour relations between the two giants.
Published 18 Sep, 2018 12:00am
Turkey's lira weakens
Currency

Turkey's lira weakens

Turkey's lira weakened 2 percent and banking shares fell on Monday after President Tayyip Erdogan was quoted as calling for an investigation into members of the opposition who serve on the board of the country's biggest lender.
Published 18 Sep, 2018 12:00am
To hit or not to hit? Finch faces dilemma for Test debut

To hit or not to hit? Finch faces dilemma for Test debut

Hard-hitting Australian Aaron Finch has been a dominant opener in shorter forms of the game but admits he may have to curb his natural aggression if he makes his Test debut against Pakistan. The 31-year-old master-blaster has played 135 times for his coun
Published 18 Sep, 2018 12:00am
Wawrinka wobbles to winning start in St Petersburg

Wawrinka wobbles to winning start in St Petersburg

Three-time Grand Slam champion Stan Wawrinka booked a place in the second round at the Saint Petersburg Open with a hard-fought straight-sets win over Slovenia's Aljaz Bedene here on Monday. The 33-year-old Wawrinka, who came to St Petersburg courtesy of
Published 18 Sep, 2018 12:00am
Tamim out of Asia Cup after injury heroics

Tamim out of Asia Cup after injury heroics

Bangladesh opener Tamim Iqbal has been ruled out of the rest of the Asia Cup with a broken hand after batting despite his injury in the opening match, an official said Monday. "He got two fractures in his hand. He would not be able to continue here and al
Published 18 Sep, 2018 12:00am
Lack of English players in Champions League hurts national team

Lack of English players in Champions League hurts national team

England's lack of success in major international tournaments can be linked to the relatively low number of English players taking part in the Champions League, a study has suggested. Analysis by sports statisticians Gracenote of the nationalities of playe
Published 18 Sep, 2018 12:00am
Osaka blames US Open tears on 'notorious' nerves

Osaka blames US Open tears on 'notorious' nerves

Naomi Osaka has put her US Open tears down to shredded nerves and her natural awkwardness, rather than the tantrum thrown by Serena Williams that overshadowed a historic Japanese win. The 20-year-old melted hearts when she burst into sobs as boos rang out
Published 18 Sep, 2018 12:00am
Fans enthusiastic for Pakistan-India match in Asia Cup

Fans enthusiastic for Pakistan-India match in Asia Cup

Cricket fans in Pakistan are enthusiastic about the cricket match between India and Pakistan in connection with Asia Cricket Cup in UAE on September 19. This match will provide an opportunity to Pakistan to establish an edge over arch-rivals as both the s
Published 18 Sep, 2018 12:00am
Real Madrid more of a team without Ronaldo: Bale

Real Madrid more of a team without Ronaldo: Bale

Gareth Bale has won four Champions Leagues in five years at Real Madrid, but believes the Spanish giants can be even better in their quest for a 14th European crown despite the loss of Cristiano Ronaldo. Bale has shone in the spotlight since Ronaldo's dep
Published 18 Sep, 2018 12:00am
Ballon d'Or 'on my mind', says Griezmann

Ballon d'Or 'on my mind', says Griezmann

Atletico Madrid star Antoine Griezmann says he still can't fathom why he was not voted one of the world's top three players by FIFA - but hopes winning the "more prestigious" Ballon d'Or will make amends. "It's a prize from FIFA and it seems a pity that n
Published 18 Sep, 2018 12:00am
European gasoline margins fall to three-month low

European gasoline margins fall to three-month low

Benchmark northwest European gasoline refining margins remained near a three-month low on Thursday, under pressure from rising inventories on both sides of the Atlantic. ARA gasoline stocks rose by 4 percent in the week to Thursday to 866,000 tonnes, acco
Published 18 Sep, 2018 12:00am
Ghana's cocoa purchases reach 870,000 tonnes

Ghana's cocoa purchases reach 870,000 tonnes

Cocoa purchases declared to Ghana's Cocobod reached 870,000 tonnes in the 2017-18 crop year which ends on Thursday, more than the regulator had projected but lower than the previous year, three industry sources said. Purchases in the world's second larges
Published 18 Sep, 2018 12:00am
Canadian canola futures rise

Canadian canola futures rise

ICE Canadian canola futures rose on Friday, halting a three-day slide, on limited farmer selling. The pace of farmer selling of the new crop is slow, after rain and snow delayed harvesting in parts of Western Canada this week, an analyst said. He added th
Published 18 Sep, 2018 12:00am
Soyameal down on European feeds market

Soyameal down on European feeds market

Soyameal on the European meals and feeds market eased on Friday as expectations for a bumper US soyabean harvest weighed. South American soyameal was mostly offered between $1 and $5 a tonne down from Thursday, also pressured by technical weakness in CBOT
Published 18 Sep, 2018 12:00am
Activities at Karachi and Qasim Ports

Activities at Karachi and Qasim Ports

The Karachi Port handled 271,761 tonnes of cargo comprising 205,963 tonnes of import cargo and 65,798 tonnes of export cargo including 9,089 loaded and empty containers during the last 24 hours ending at 0700 hours on Monday. The total import cargos of 20
Published 18 Sep, 2018 12:00am
Brazil's coffee, corn prices to fall after election
Currency

Brazil's coffee, corn prices to fall after election

Brazil's coffee and corn prices could fall to the government's guaranteed minimum prices if the weakening real currency reverses direction after October's wide-open presidential election, an Agriculture Ministry official said on Friday. That would trigger
Published 18 Sep, 2018 12:00am
Palm oil eases on European vegoils market
Vegetable Oil

Palm oil eases on European vegoils market

Palm oil on the European vegetable oils market eased on Friday, tracking lower Malaysian palm oil futures, which fell on the back of concerns about increasing stocks for Malaysian palm oil. Asking prices for palm oil were mostly between $2.50 and $5 a ton
Published 18 Sep, 2018 12:00am
China's crude oil output climbs for first time in three years

China's crude oil output climbs for first time in three years

China's crude oil output rose in August for the first time in nearly three years, data showed on Friday, climbing after President Xi Jinping called for a boost to national energy security amid trade tensions with the United States. Monthly crude oil outpu
Published 18 Sep, 2018 12:00am
PMEX daily trading report
Cotton

PMEX daily trading report

On Friday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,418. The traded value of Metals, Energy and COTS/FX was recorded at 7.009 billion and the number of lots traded was 9,416.
Published 18 Sep, 2018 12:00am
Asian naphtha stays weak as supplies weigh

Asian naphtha stays weak as supplies weigh

Asia's naphtha intermonth contango widened for the fourth day to $3.75 a tonne on Friday, making this the steepest contango since Oct. 12 2016 as ample supplies persisted. A contango structure refers to front-month prices being lower than the following mo
Published 18 Sep, 2018 12:00am
CBOT corn futures higher

CBOT corn futures higher

Chicago Board of Trade (CBOT) corn futures ended slightly higher on Friday, edging up on support from a rally in the wheat market, traders said. But the upcoming harvest of what is expected to be a huge US corn crop limited gains in the futures market.
Published 18 Sep, 2018 12:00am
Seed cotton prices firm ahead of PCGA report
Cotton

Seed cotton prices firm ahead of PCGA report

Seed cotton prices stabilised on the cotton market on Monday ahead of announcement of the Pakistan Cotton Ginners Association (PCGA) fortnightly report shortly, dealers said. The official spot rate was unchanged at Rs 8200, they added. Prices of seed cott
Published 18 Sep, 2018 12:00am
Gold buying wanes in major Asian centres

Gold buying wanes in major Asian centres

Physical gold buying waned in major Asian centres this week as bullion prices rebounded from recent lows, with dealers in India offering the metal at a discount for the first time in over a month as an uptick in local rates moderated demand.
Published 18 Sep, 2018 12:00am
Philippine paddy rice losses from strong typhoon

Philippine paddy rice losses from strong typhoon

The Philippines lost a total of 250,730 tonnes of paddy rice due to the strong typhoon that hit its northern provinces over the weekend, according to initial official estimates, exceeding a worst-case forecast by 60 percent. The Philippines, one of the wo
Published 18 Sep, 2018 12:00am
Chinese steel prices edge higher

Chinese steel prices edge higher

Chinese steel prices edged up on Friday, pulling back from a more than 6 percent plunge earlier this week after steady inventory data suggested firm demand from downstream sectors. Stockpiles of steel products rose just 19,900 tonnes to 10 million tonnes
Published 18 Sep, 2018 12:00am
Brazil exports 80 percent of soya to China in January-August

Brazil exports 80 percent of soya to China in January-August

Brazil exported 50.9 million tonnes of soyabeans to China from January to August, or 78.8 percent of its total exports of the oilseed, as a trade war with the US drives up the Asian nation's demand for soya from alternative sources.
Published 18 Sep, 2018 12:00am
CBOT soyabean futures fall on record US harvest

CBOT soyabean futures fall on record US harvest

US soyabean futures fell on Friday, pressured by expectations for a record US harvest as well as ongoing concerns about the trade war with China limiting exports to the world's top buyer of the oilseed. Weakness in the cash market also weighed on soyabean
Published 18 Sep, 2018 12:00am
CBOT wheat futures rise on bargain buying

CBOT wheat futures rise on bargain buying

US wheat futures rose on Friday, snapping a three-session losing streak on bargain buying and short-covering, traders said. Investors viewed the benchmark Chicago Board of Trade December soft red winter wheat contract's dip below $5 per bushel as a buying
Published 18 Sep, 2018 12:00am
European wheat futures rise after seven-week low

European wheat futures rise after seven-week low

European wheat futures ended higher on Friday after an earlier seven-week low, encouraged by a technical rebound in Chicago as traders awaited a clearer picture about supply in top wheat exporter Russia. The benchmark December milling wheat on Paris-based
Published 18 Sep, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 18 Sep, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 18 Sep, 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 18 Sep, 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 18 Sep, 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 Monday (September 17, 2018).

Published 18 Sep, 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 Monday (September 17, 2018).

Published 18 Sep, 2018 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (September 17, 2018).
Published 18 Sep, 2018 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (September 17, 2018).

Published 18 Sep, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (September 17, 2018).

Published 18 Sep, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (September 17, 2018).

Published 18 Sep, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (September 17, 2018).

Published 18 Sep, 2018 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Monday (September 17, 2018).

Published 18 Sep, 2018 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Monday (September 17, 2018).

Published 18 Sep, 2018 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Monday (September 17, 2018).

Published 18 Sep, 2018 12:00am
Bajwa, PLA chief discuss security of CPEC

Bajwa, PLA chief discuss security of CPEC

Chief of Army Staff (CoAS) General Qamar Javed Bajwa on Monday visited Headquarters of People's Liberation Army (PLA) in Beijing and met PLA Chief Gen Han Weiguo. Both the commanders discussed regional security environment, security of China Pakistan Econ
Published 18 Sep, 2018 12:00am
Bajwa, PLA chief discuss security of CPEC

Bajwa, PLA chief discuss security of CPEC

Chief of Army Staff (CoAS) General Qamar Javed Bajwa on Monday visited Headquarters of People's Liberation Army (PLA) in Beijing and met PLA Chief Gen Han Weiguo. Both the commanders discussed regional security environment, security of China Pakistan Econ
Published 18 Sep, 2018 12:00am
UK-Pakistan Partnership on Justice, Accountability launched

UK-Pakistan Partnership on Justice, Accountability launched

Pakistan and United Kingdom on Monday launched a new UK-Pakistan Partnership on Justice and Accountability to check money laundering and bring back the stolen assets, besides agreeing to reactivate bilateral Prisoners Transfer Agreement.
Published 18 Sep, 2018 12:00am
UK-Pakistan Partnership on Justice, Accountability launched

UK-Pakistan Partnership on Justice, Accountability launched

Pakistan and United Kingdom on Monday launched a new UK-Pakistan Partnership on Justice and Accountability to check money laundering and bring back the stolen assets, besides agreeing to reactivate bilateral Prisoners Transfer Agreement.
Published 18 Sep, 2018 12:00am
BRIndex100 tumbles

BRIndex100 tumbles

Pakistan Stock Exchange Monday witnessed a bearish trend due to selling in various sectors. BRIndex100 lost 52.42 points or 1.19 percent to close at 4,348.29 points. BRIndex100 touched intraday high of 4,401.13 and intraday low of 4,319.97 points. Volumes
Published 18 Sep, 2018 12:00am