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Print - 2018-10-09
World Bank revises GDP growth projection downward
Currency

World Bank revises GDP growth projection downward

The World Bank (WB) has revised GDP growth projection for Pakistan down to 4.8 percent and raised the projection for inflation to eight percent, predicting a slow-down in poverty reduction efforts in fiscal year 2019. The WB latest report titled "South As
Published 09 Oct, 2018 12:00am
The Weather

The Weather

The weather report on Monday (October 08, 2018) and the forecast for Tuesday (October 09, 2018).

Published 09 Oct, 2018 12:00am
World Bank revises GDP growth projection downward
Currency

World Bank revises GDP growth projection downward

The World Bank (WB) has revised GDP growth projection for Pakistan down to 4.8 percent and raised the projection for inflation to eight percent, predicting a slow-down in poverty reduction efforts in fiscal year 2019. The WB latest report titled "South As
Published 09 Oct, 2018 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 09 Oct, 2018 12:00am
World Bank revises GDP growth projection downward
Currency

World Bank revises GDP growth projection downward

The World Bank (WB) has revised GDP growth projection for Pakistan down to 4.8 percent and raised the projection for inflation to eight percent, predicting a slow-down in poverty reduction efforts in fiscal year 2019. The WB latest report titled "South As
Published 09 Oct, 2018 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 09 Oct, 2018 12:00am
World Bank revises GDP growth projection downward
Currency

World Bank revises GDP growth projection downward

The World Bank (WB) has revised GDP growth projection for Pakistan down to 4.8 percent and raised the projection for inflation to eight percent, predicting a slow-down in poverty reduction efforts in fiscal year 2019. The WB latest report titled "South As
Published 09 Oct, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (October 08, 2018).

Published 09 Oct, 2018 12:00am
FATF team apprised about actions taken

FATF team apprised about actions taken

Pakistan Monday apprised the Financial Action Task Force (FATF) delegation of actions taken so far to curb money laundering and terror financing. Talks between the nine-member Asia Pacific Group (APG) team and Pakistan started on Monday as the visiting de
Published 09 Oct, 2018 12:00am
FATF team apprised about actions taken

FATF team apprised about actions taken

Pakistan Monday apprised the Financial Action Task Force (FATF) delegation of actions taken so far to curb money laundering and terror financing. Talks between the nine-member Asia Pacific Group (APG) team and Pakistan started on Monday as the visiting de
Published 09 Oct, 2018 12:00am
FATF team apprised about actions taken

FATF team apprised about actions taken

Pakistan Monday apprised the Financial Action Task Force (FATF) delegation of actions taken so far to curb money laundering and terror financing. Talks between the nine-member Asia Pacific Group (APG) team and Pakistan started on Monday as the visiting de
Published 09 Oct, 2018 12:00am
FATF team apprised about actions taken

FATF team apprised about actions taken

Pakistan Monday apprised the Financial Action Task Force (FATF) delegation of actions taken so far to curb money laundering and terror financing. Talks between the nine-member Asia Pacific Group (APG) team and Pakistan started on Monday as the visiting de
Published 09 Oct, 2018 12:00am
Stocks slide on doubt over whether government to approach IMF

Stocks slide on doubt over whether government to approach IMF

Stocks fell more than 3 percent on Monday on uncertainty over whether the new government will approach the International Monetary Fund for a bailout package or not, a day after Prime Minister Imran Khan said he was seeking other options. The Pakistan Stoc
Published 09 Oct, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (October 08, 2018)

Published 09 Oct, 2018 12:00am
Stocks slide on doubt over whether government to approach IMF

Stocks slide on doubt over whether government to approach IMF

Stocks fell more than 3 percent on Monday on uncertainty over whether the new government will approach the International Monetary Fund for a bailout package or not, a day after Prime Minister Imran Khan said he was seeking other options. The Pakistan Stoc
Published 09 Oct, 2018 12:00am
Stocks slide on doubt over whether government to approach IMF

Stocks slide on doubt over whether government to approach IMF

Stocks fell more than 3 percent on Monday on uncertainty over whether the new government will approach the International Monetary Fund for a bailout package or not, a day after Prime Minister Imran Khan said he was seeking other options. The Pakistan Stoc
Published 09 Oct, 2018 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (October 08, 2018).

Published 09 Oct, 2018 12:00am
Stocks slide on doubt over whether government to approach IMF

Stocks slide on doubt over whether government to approach IMF

Stocks fell more than 3 percent on Monday on uncertainty over whether the new government will approach the International Monetary Fund for a bailout package or not, a day after Prime Minister Imran Khan said he was seeking other options. The Pakistan Stoc
Published 09 Oct, 2018 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Monday (October 08, 2018).

Published 09 Oct, 2018 12:00am
Government finally decides to rush towards IMF
Currency

Government finally decides to rush towards IMF

Terming it a hard pill to swallow, the government has decided to approach the International Monetary Fund (IMF) for economic stabilization through a bailout package to deal with the prevalent financial crisis. Finance Minister Asad Umar said in a video me
Published 09 Oct, 2018 12:00am
Government finally decides to rush towards IMF
Currency

Government finally decides to rush towards IMF

Terming it a hard pill to swallow, the government has decided to approach the International Monetary Fund (IMF) for economic stabilization through a bailout package to deal with the prevalent financial crisis. Finance Minister Asad Umar said in a video me
Published 09 Oct, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (October 08, 2018).

Published 09 Oct, 2018 12:00am
Government finally decides to rush towards IMF
Currency

Government finally decides to rush towards IMF

Terming it a hard pill to swallow, the government has decided to approach the International Monetary Fund (IMF) for economic stabilization through a bailout package to deal with the prevalent financial crisis. Finance Minister Asad Umar said in a video me
Published 09 Oct, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (October 08, 2018).

Published 09 Oct, 2018 12:00am
BRIndex100 plummets

BRIndex100 plummets

Pakistan Stock Exchange witnessed heavy pressure due to selling in almost all sectors Monday. BRIndex100 lost 155.8 points or 3.73 percent to close at 4,026.17 points. BRIndex-100 touched intraday high of 4,187.31 and intraday low of 4,014.38 points. Volu
Published 09 Oct, 2018 12:00am
BRIndex100 plummets

BRIndex100 plummets

Pakistan Stock Exchange witnessed heavy pressure due to selling in almost all sectors Monday. BRIndex100 lost 155.8 points or 3.73 percent to close at 4,026.17 points. BRIndex-100 touched intraday high of 4,187.31 and intraday low of 4,014.38 points. Volu
Published 09 Oct, 2018 12:00am
BRIndex100 plummets

BRIndex100 plummets

Pakistan Stock Exchange witnessed heavy pressure due to selling in almost all sectors Monday. BRIndex100 lost 155.8 points or 3.73 percent to close at 4,026.17 points. BRIndex-100 touched intraday high of 4,187.31 and intraday low of 4,014.38 points. Volu
Published 09 Oct, 2018 12:00am
THE RUPEE: dollar may hit Rs 129 level
Currency

THE RUPEE: dollar may hit Rs 129 level

The dollar is likely to hit Rs 129 level within short period of time against the rupee, dealers said on the money market on Monday. The rupee shed one paisa versus the dollar for buying and selling at Rs 124.26 and Rs 124.27 respectively, they added.
Published 09 Oct, 2018 12:00am
Agriculture: PM for learning from Chinese expertise

Agriculture: PM for learning from Chinese expertise

Prime Minister Imran Khan has said that strengthening all-weather Pakistan-China strategic cooperative partnership is cornerstone of Pakistan''''s foreign policy and early implementation of CPEC projects would help realize the true potential of Pakistan-C
Published 09 Oct, 2018 12:00am
THE RUPEE: dollar may hit Rs 129 level
Currency

THE RUPEE: dollar may hit Rs 129 level

The dollar is likely to hit Rs 129 level within short period of time against the rupee, dealers said on the money market on Monday. The rupee shed one paisa versus the dollar for buying and selling at Rs 124.26 and Rs 124.27 respectively, they added.
Published 09 Oct, 2018 12:00am
Agriculture: PM for learning from Chinese expertise

Agriculture: PM for learning from Chinese expertise

Prime Minister Imran Khan has said that strengthening all-weather Pakistan-China strategic cooperative partnership is cornerstone of Pakistan''s foreign policy and early implementation of CPEC projects would help realize the true potential of Pakistan-Chi
Published 09 Oct, 2018 12:00am
Agriculture: PM for learning from Chinese expertise

Agriculture: PM for learning from Chinese expertise

Prime Minister Imran Khan has said that strengthening all-weather Pakistan-China strategic cooperative partnership is cornerstone of Pakistan's foreign policy and early implementation of CPEC projects would help realize the true potential of Pakistan-Chin
Published 09 Oct, 2018 12:00am
Agriculture: PM for learning from Chinese expertise

Agriculture: PM for learning from Chinese expertise

Prime Minister Imran Khan has said that strengthening all-weather Pakistan-China strategic cooperative partnership is cornerstone of Pakistan's foreign policy and early implementation of CPEC projects would help realize the true potential of Pakistan-Chin
Published 09 Oct, 2018 12:00am
Receding supply concerns push aluminium to one-week low
Currency

Receding supply concerns push aluminium to one-week low

Aluminium prices fell to one-week lows on Monday as worries about supplies receded after a Brazilian court approved emergency waste measures that could allow the world's biggest alumina refinery to resume production. Last week, Norsk Hydro was granted a p
Published 09 Oct, 2018 12:00am
Iraq oil minister says new contracts will have local hire stipulations

Iraq oil minister says new contracts will have local hire stipulations

Iraq will stipulate in all new contracts with foreign oil companies that 85 percent of the workforce hired on a project be Iraqi, Oil Minister Jabar al-Luiabi said on Monday. The requirement will affect all contracts whether in extraction, refining, makin
Published 09 Oct, 2018 12:00am
Mozambique signs oil exploration agreements with Exxon, Rosneft

Mozambique signs oil exploration agreements with Exxon, Rosneft

The Mozambican government said on Monday it had signed oil exploration agreements with US energy firm Exxon Mobil and Russia's Rosneft. Mozambique's National Petroleum Institute, an energy regulator in the southern African country, said the government was
Published 09 Oct, 2018 12:00am
Malaysian palm oil falls
Vegetable Oil

Malaysian palm oil falls

Malaysian palm oil futures fell more than 1 percent on Monday, charting a second straight session of losses as they tracked declines in crude oil and soyaoil prices on the US Chicago Board of Trade. The benchmark palm oil contract for December delivery on
Published 09 Oct, 2018 12:00am
Germany's Trimet expects strong 2019 aluminium demand

Germany's Trimet expects strong 2019 aluminium demand

German aluminium producer Trimet Aluminium expects strong aluminium demand in 2019 but the global impact of US import duties makes forecasts difficult, said executive board member Thomas Reuther. Trimet has not imported aluminium scrap from the United Sta
Published 09 Oct, 2018 12:00am
Raw sugar at seven-month high, arabica coffee up
Currency

Raw sugar at seven-month high, arabica coffee up

Raw sugar futures on ICE jumped to a seven-month high on Monday and arabica coffee rose to its highest level since August, both boosted by a stronger currency in top grower Brazil following the first round of the country's presidential election. March raw
Published 09 Oct, 2018 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 09 Oct, 2018 12:00am
Gold down in Asia
Currency

Gold down in Asia

Gold fell on Monday in Asian trade as the dollar firmed after China's central bank eased its domestic policy to support the economy amid concerns that an escalating trade dispute with the United States could hurt growth. The People's Bank of China (PBOC)
Published 09 Oct, 2018 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Pakistan Stock Exchange.

Published 09 Oct, 2018 12:00am
Gold slides in Europe

Gold slides in Europe

Gold prices fell more than 1 percent on Monday to a one-week low as investors sought refuge in the dollar, worried about a slide in global stock markets aggravated by concerns over China's economic growth. Spot gold was down 1.4 percent at $1,189.37 an ou
Published 09 Oct, 2018 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 09 Oct, 2018 12:00am
US MIDDAY: wheat sinks

US MIDDAY: wheat sinks

US wheat futures fell around 1 percent on Monday on technical selling and as a stronger dollar created a headwind for US exports of the grain, which are already struggling to compete in the global marketplace. Corn futures eased on Monday after two straig
Published 09 Oct, 2018 12:00am
US MIDDAY: gold dips

US MIDDAY: gold dips

Gold fell to its lowest level in a week on Monday as investors sought safety in the US dollar on concerns about a selloff in global stocks worsened by worries over economic growth in China. Spot gold dipped 1.4 percent to $1,185.81 an ounce by 1355 p.m. E
Published 09 Oct, 2018 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 09 Oct, 2018 12:00am
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