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Print - 2018-10-23
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (October 22, 2018).

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

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (October 22, 2018).

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

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (October 22, 2018).

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

Spot dollar rates

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

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

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (October 22, 2018).
Published 23 Oct, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

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

New York cotton

The following were the fluctuations observed during the day:

Published 23 Oct, 2018 12:00am
Chinese steel prices slide as output hits record

Chinese steel prices slide as output hits record

Chinese steel prices fell on Friday after data showed daily output in the world's top steel producer climbed to a record in September and China's economy slowed to the weakest pace since 2009. The increased steel production came as mills chased strong pri
Published 23 Oct, 2018 12:00am
CBOT soyabean falls to one week low

CBOT soyabean falls to one week low

Chicago Board of Trade soyabean futures declined on Friday, with the benchmark November contract hitting a one week low on news of US soyabean export sales cancellations, traders said. CBOT November soyabeans settled down 6-3/4 cents at $8.56-3/4 per bush
Published 23 Oct, 2018 12:00am
Gold demand falls in India as prices jump

Gold demand falls in India as prices jump

A key festival brought little activity to the physical gold market in India this week as purchases remained significantly lower than normal with domestic prices jumping to the highest in more than two years. Demand in India, the second biggest gold consum
Published 23 Oct, 2018 12:00am
US natural gas stocks at the lowest level for 15 years

US natural gas stocks at the lowest level for 15 years

US natural gas stocks are going into winter at the lowest level for fifteen years despite a slightly faster rate of injections into storage over the summer than in 2016 or 2017. Low inventories have encouraged hedge funds to build their largest position i
Published 23 Oct, 2018 12:00am
China has ample soyabean supplies, big price moves unlikely

China has ample soyabean supplies, big price moves unlikely

China has ample supplies of soyabeans and significant price fluctuations are unlikely, a senior agriculture ministry official said on Friday. Domestic soyabean planting acreage has increased and China is set for a bumper harvest, supported by government s
Published 23 Oct, 2018 12:00am
India's rice export prices unchanged

India's rice export prices unchanged

Rice export prices in India were unchanged this week, after declining for three weeks in a row, as activity was muted ahead of the new crop, while waning output due to floods pushed up rates in Vietnam. Rates for top exporter India's 5 percent broken parb
Published 23 Oct, 2018 12:00am
Cotton prices fall on thin business
Cotton

Cotton prices fall on thin business

Prices drifted lower on the cotton market on Monday in the process of moderate trading activity, dealers said. The official spot rate came down, losing Rs 150 to Rs 8,750, they added. Prices of seed cotton in Sindh were at Rs 3800-4200, in the Punjab seed
Published 23 Oct, 2018 12:00am
CBOT wheat futures higher

CBOT wheat futures higher

Chicago Board of Trade wheat futures closed mostly higher on Friday, with the lead December contract firming in a short-covering bounce after a three-session slide, traders said. CBOT December soft red winter wheat settled up 1-3/4 cents at $5.14-3/4 per
Published 23 Oct, 2018 12:00am
Asian naphtha falls to four months low

Asian naphtha falls to four months low

Asia's naphtha crack fell for a third day on Friday to hover near a four months low of $72.38 a tonne as market remained awash with supplies despite some demand emerging this week. South Korea's Hanwha Total bought more than 100,000 tonnes of heavy full-r
Published 23 Oct, 2018 12:00am
PMEX daily trading report
Cotton

PMEX daily trading report

On Friday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,682. The traded value of Metals, Energy and COTS/FX was recorded at 16.599 billion and the number of lots traded 12,313.
Published 23 Oct, 2018 12:00am
EU wheat futures at two weeks low

EU wheat futures at two weeks low

European wheat futures were hovering near the previous session's two weeks low on Friday, with tightening global supplies and drought concerns in Europe offset by sluggish exports. December milling wheat on Paris-based Euronext was unchanged at 201.25 eur
Published 23 Oct, 2018 12:00am
Indonesia's September palm oil output, exports rise
Vegetable Oil

Indonesia's September palm oil output, exports rise

Output of palm oil from Indonesia, the world's top producer of the vegetable oil, rose in September buoyed by peak harvest season, while demand from top buyers boosted exports, according to the median results of a Reuters survey. Palm oil output rose to 4
Published 23 Oct, 2018 12:00am
Sunny weather boosts Ivory Coast cocoa crop

Sunny weather boosts Ivory Coast cocoa crop

Sunny spells last week in most of Ivory Coast's main cocoa regions were expected to boost the development of the October to March main crop, farmers said on Monday, though overly wet weather in the east caused disease issues. As the new marketing season i
Published 23 Oct, 2018 12:00am
Activities at Karachi and Qasim Ports

Activities at Karachi and Qasim Ports

The Karachi Port handled 286,017 tonnes of cargo comprising 220,322 tonnes of import cargo and 65,695 tonnes of export cargo including 7,131 loaded and empty containers during the last 24 hours ending at 0700 hours on Monday. The total import cargos of 22
Published 23 Oct, 2018 12:00am
CBOT corn falls on technical selling

CBOT corn falls on technical selling

Chicago Board of Trade (CBOT) corn futures fell on Friday for a fourth straight session, pressured by technical selling, including inter-market spreading compared with soybeans, traders said. Corn futures lost to soybeans on inter-market spreads, reversin
Published 23 Oct, 2018 12:00am
Vietnam's coffee prices jump near One-year high
Currency

Vietnam's coffee prices jump near One-year high

Vietnam's domestic coffee prices jumped to their highest in nearly a year while demand in Indonesia was weak as buyers eyed Vietnam harvest for cues, traders said on Thursday. Traders said farmers in the Central Highlands, Vietnam's largest coffee growing
Published 23 Oct, 2018 12:00am
Saudi institutions buy to arrest slide from Khashoggi death

Saudi institutions buy to arrest slide from Khashoggi death

Saudi Arabia's stock index recovered most of its earlier losses on Monday, with government-linked funds continuing to bolster the market as concerns about the killing of Saudi journalist Jamal Khashoggi weighed. The main index recovered to trade down only
Published 23 Oct, 2018 12:00am
Tokyo stocks rise on bargain-hunting

Tokyo stocks rise on bargain-hunting

Tokyo stocks rose on Monday as bargain-buyers moved in, but traders remained on edge over geopolitical worries. The Nikkei 225 index gained 0.37 percent, or 82.74 points, to close at 22,614.82, while the broader Topix index was up 0.15 percent, or 2.46 po
Published 23 Oct, 2018 12:00am
Sri Lankan stocks up

Sri Lankan stocks up

The Sri Lankan stocks edge up on Monday from their nearly five-year closing low hit in the previous session. The Colombo stock index ended 0.09 percent firmer at 5,766.00, edging up from its lowest close since November 28, 2013 hit on Friday. It shed 3.6
Published 23 Oct, 2018 12:00am
Southeast Asian stocks: Philippines extends gains, Malaysian down

Southeast Asian stocks: Philippines extends gains, Malaysian down

Philippine shares surged on Monday, extending their gains to a fifth straight session, while most other Southeast Asian stock markets put in lacklustre performances. The Philippine index closed 1.2 percent higher, notching up a 4.5 percent gain over the l
Published 23 Oct, 2018 12:00am
China shares leap on Beijing support hopes, tax changes

China shares leap on Beijing support hopes, tax changes

China's benchmark blue-chip index surged over 4 percent on Monday for its best daily performance in almost three years and shares in Hong Kong added more than 2 percent, as investors took heart from Chinese regulators' statements of support. The market wa
Published 23 Oct, 2018 12:00am
Italian rating relief short lived as European shares turn lower
Currency

Italian rating relief short lived as European shares turn lower

European shares fell at the end of a choppy trading session on Monday, as relief over Moody's decision to keep Italy's sovereign rating outlook stable proved short lived and the focus turned to Europe's response to Rome's budget plans. The pan-European ST
Published 23 Oct, 2018 12:00am
Indian shares down

Indian shares down

Indian shares fell for the third consecutive session on Monday, weighed down by index heavyweight Reliance Industries Ltd as macro concerns, including higher crude prices and liquidity crunch, hurt the trading sentiment. While the benchmark BSE index clos
Published 23 Oct, 2018 12:00am
Australian shares lower

Australian shares lower

Australian shares ended lower on Monday, as political concerns rattled investors after the governing coalition was set to lose its one-seat majority in parliament following a weekend by-election. The poor showing by the government will make it harder to g
Published 23 Oct, 2018 12:00am
FTSE erases gains in choppy trade on gambling, energy stocks

FTSE erases gains in choppy trade on gambling, energy stocks

Britain's blue-chip share index gave up earlier gains and slipped into negative territory on Monday in see-saw trade as lower oil prices pressured energy stocks and gambling companies were knocked by a report of a UK crackdown on offshore taxes.
Published 23 Oct, 2018 12:00am
Croatian ship workers go on strike

Croatian ship workers go on strike

Workers from Croatia's largest shipbuilding group Uljanik went on strike Monday over unpaid September wages, the latest turmoil for a company on the brink of collapse. The group's two shipyards - Uljanik and 3. Maj - employ 4,000 people but it has been te
Published 23 Oct, 2018 12:00am
Argentina's fiscal tightening takes deficit closer to target

Argentina's fiscal tightening takes deficit closer to target

Argentina is on track to meet its 2018 year-end spending targets, the country's treasury minister said on Monday, after it posted a deficit that was 31 percent narrower compared to this time last year. Argentina posted a fiscal deficit of 22.9 billion pes
Published 23 Oct, 2018 12:00am
Indonesia $200 million in arrears on fighter project: South Korea

Indonesia $200 million in arrears on fighter project: South Korea

Indonesia has demanded new terms from South Korea on a joint multi-billion-dollar jet fighter development project, as Seoul said Monday that Jakarta has not paid its share and is $200 million in arrears. The Korean Fighter Experimental (KF-X) project is a
Published 23 Oct, 2018 12:00am
China's tax cuts next year expected to reach 1 percent of GDP

China's tax cuts next year expected to reach 1 percent of GDP

China's tax cuts next year could exceed the equivalent of 1 percent of gross domestic product (GDP), a central bank adviser said in remarks published on Monday, in a sign policymakers might be considering another round of tax reductions.
Published 23 Oct, 2018 12:00am
China to offer more support for private firms seeking market funds

China to offer more support for private firms seeking market funds

China will roll out more policies to support private companies, including measures to help them raise funds in capital markets, the government said, as economic growth slows to a pace not seen since the global financial crisis a decade ago. Commercial ban
Published 23 Oct, 2018 12:00am
Canada Post workers go on rotating strike

Canada Post workers go on rotating strike

Canada Post workers went on a rotating strike Monday, affecting mail deliveries in four cities after nearly one year of stalled contract negotiations. The Canadian Union of Postal Workers (CUPW) said the cities of Victoria, Edmonton, Windsor and Halifax w
Published 23 Oct, 2018 12:00am
German growth could rebound

German growth could rebound

Germany's economy struggled in the third quarter on a dip in car manufacturing but the drivers of its recent expansion remain in place, so growth should rebound in the final three months of the year, the Bundesbank said on Monday. With the European Union
Published 23 Oct, 2018 12:00am
Philips posts mixed results in Q3
Currency

Philips posts mixed results in Q3

Dutch electronics giant Philips, which is focusing its business on medical equipment and services, on Monday posted higher third quarter sales but profits dipped due to currency headwinds. Sales rose 4.0 percent to 4.3 billion euros ($4.9 billion) year-on
Published 23 Oct, 2018 12:00am
Global growth outlook for 2019 dims for first time

Global growth outlook for 2019 dims for first time

The outlook for global growth in 2019 has dimmed for the first time, according to Reuters polls of economists who said the US-China trade war and tightening financial conditions would trigger the next downturn. At the start of 2018, optimism about a robus
Published 23 Oct, 2018 12:00am
Leisure Leagues girls, boys championship begins

Leisure Leagues girls, boys championship begins

Leisure Leagues Girls and Boys School and Academies Football Championship commenced here at Ibrahim Ali Bhai Government Secondary School Ground in Orangi No.5, Karachi. In girls' event, eighth teams namely Unique Star, Ibrahim Ali Bhai School, Orangi Folk
Published 23 Oct, 2018 12:00am
Nasir Jamshed ban upheld

Nasir Jamshed ban upheld

An independent adjudicator on Monday upheld the 10-year ban on cricketer Nasir Jamshed for his involvement in a spot-fixing scandal that emerged during the second edition of the Pakistan Super League in 2017. Former Justice Mian Hamid Farooq, the independ
Published 23 Oct, 2018 12:00am
Tauqeer Dar requested to coach Pakistan hockey team

Tauqeer Dar requested to coach Pakistan hockey team

After quitting by the Dutch coach Roelant Oltmans, the former Olympian Tauqeer Dar has been approached for coaching the men's national hockey team as a stop gap arrangement. Manager of national hockey team Hasan Sardar has approached Touqeer Dar in this r
Published 23 Oct, 2018 12:00am
Sri Lanka seeks Indian help to tackle match-fixing

Sri Lanka seeks Indian help to tackle match-fixing

India has offered to assist Sri Lanka with its inquiry into match-fixing in cricket and drafting laws to combat cheating in the game, a Sri Lankan cabinet minister said Monday. Sri Lanka's Petroleum Minister Arjuna Ranatunga said India's Central Bureau of
Published 23 Oct, 2018 12:00am
Australia, England reject cricket fixing as probe launched

Australia, England reject cricket fixing as probe launched

Australia and England Monday rejected fresh allegations about corruption in cricket by television news channel Al Jazeera, which claimed there had been 26 spot-fixing incidents in 15 international matches. In a follow-up documentary to one aired earlier t
Published 23 Oct, 2018 12:00am
Kenya warns against unlicensed online forex trading

Kenya warns against unlicensed online forex trading

Kenya's Capital Markets Authority (CMA) warned Kenyans on Monday against online foreign exchange trading through unlicensed entities, saying they risked losing their investments.
Published 23 Oct, 2018 12:00am
Pound, euro steady against dollar in Asia
Currency

Pound, euro steady against dollar in Asia

The euro and the British pound managed to hold steady against the dollar on Monday as investors cautiously awaited developments around Brexit as well as Italy's budget plan which drew heavy criticism from the European Union. The dollar was also broadly un
Published 23 Oct, 2018 12:00am
Euro gives up rally against dollar in Europe
Currency

Euro gives up rally against dollar in Europe

The euro failed to hold early-session gains on Monday as investors focused on the likelihood of further political uncertainty in Europe over Italy's spending plans, despite a large drop in Italian government borrowing costs. Rating agency Moody's downgrad
Published 23 Oct, 2018 12:00am
Global rules on cryptocurrencies needed, says Circle CEO
Currency

Global rules on cryptocurrencies needed, says Circle CEO

Major economies should launch coordinated regulation of cryptocurrencies, the head of Goldman Sachs-backed startup Circle said on Monday, underscoring growing industry support for international rules on digital money. "Ultimately there needs to be normali
Published 23 Oct, 2018 12:00am
Aussie, kiwi recover

Aussie, kiwi recover

The Australian and New Zealand dollars recovered from an early stumble on Monday as the prospect of more economic stimulus in China helped stocks there bounce and supported the outlook for commodity demand. The Aussie dollar stood at $0.7114, having edged
Published 23 Oct, 2018 12:00am
Sterling falls to 2-1/2 weeks low

Sterling falls to 2-1/2 weeks low

Sterling fell on Monday as fears grew that the Irish border issue and disagreements within Britain's ruling Conservatives over Brexit could see Prime Minister Theresa May face a serious leadership challenge. The pound lost ground against the dollar and th
Published 23 Oct, 2018 12:00am
Sri Lankan rupee at record low

Sri Lankan rupee at record low

The Sri Lankan rupee hit a record low on Monday as banks and importers purchased the US dollar, while stocks edge up from their nearly five-year closing low hit in the previous session. The rupee dropped 0.4 percent to an all-time low of 172.50 per dollar
Published 23 Oct, 2018 12:00am
Russians tell US security chief ready to cooperate over nuclear treaty

Russians tell US security chief ready to cooperate over nuclear treaty

Top Russian officials on Monday told Donald Trump's national security advisor that Moscow is ready to cooperate with Washington over a Cold War-era nuclear treaty and that abandoning the key agreement would put the world in danger. National security advis
Published 23 Oct, 2018 12:00am
Mars likely to have enough oxygen to support life

Mars likely to have enough oxygen to support life

Salty water just below the surface of Mars could hold enough oxygen to support the kind of microbial life that emerged and flourished on Earth billions of years ago, researchers reported Monday. In some locations, the amount of oxygen available could even
Published 23 Oct, 2018 12:00am
China, ASEAN start inaugural joint maritime drills

China, ASEAN start inaugural joint maritime drills

China and Southeast Asian states kicked off their first joint maritime exercises on Monday in an effort to ease regional tensions linked to rival claims in the South China Sea. Eight warships set sail from the port of Zhanjiang, in China's southern Guangd
Published 23 Oct, 2018 12:00am
China VP pays highest-level visit to Israel since 2000

China VP pays highest-level visit to Israel since 2000

Chinese Vice President Wang Qishan on Monday became the most senior Beijing official to visit Israel in 18 years, as the two countries look to bolster their growing business ties. Wang headed to the Western Wall in Jerusalem, one of the most sacred sites
Published 23 Oct, 2018 12:00am
Japan orders Facebook to improve data protection

Japan orders Facebook to improve data protection

The Japanese government on Monday ordered Facebook to improve protection of users' personal information following data breaches affecting tens of millions of people worldwide. Facebook said early this month that hackers accessed the personal data of 29 mi
Published 23 Oct, 2018 12:00am
Hackers deface website of Saudi investment forum

Hackers deface website of Saudi investment forum

A website for a Saudi investment summit was down on Monday after an apparent cyber attack, just a day before the three-day conference overshadowed by the murder of journalist Jamal Khashoggi begins. There was no immediate claim of responsibility for the a
Published 23 Oct, 2018 12:00am
Use of raw materials to double by 2060: OECD

Use of raw materials to double by 2060: OECD

Global use of raw materials is expected to double by 2060, "placing twice the pressure on the environment" than at present, according to an OECD study released on Monday.
Published 23 Oct, 2018 12:00am
'We failed them': Australia apologises to child sex abuse victims

'We failed them': Australia apologises to child sex abuse victims

Australian Prime Minister Scott Morrison issued a national apology to thousands of victims of institutional sex abuse Monday, admitting the state utterly failed to stop "evil, dark crimes" committed over decades. "This was done by Australians to Australia
Published 23 Oct, 2018 12:00am
Working with Trump 'not always simple,' says Trudeau

Working with Trump 'not always simple,' says Trudeau

Canadian Prime Minister Justin Trudeau said working with US President Donald Trump is "not always simple," as he welcomed the successful renegotiation of the North American Free Trade Agreement. Speaking on an episode of Quebec's most popular talk show, "
Published 23 Oct, 2018 12:00am
Hurricane Willa upgraded to Category 5 storm off Mexico

Hurricane Willa upgraded to Category 5 storm off Mexico

Hurricane Willa was upgraded to a "potentially catastrophic" Category 5 storm Monday off Mexico's Pacific coast, where it was expected to produce life-threatening wind and flooding, the US National Hurricane Center said. The powerful hurricane was on cour
Published 23 Oct, 2018 12:00am
Koreas, UN Command agree to demilitarise part of border

Koreas, UN Command agree to demilitarise part of border

The two Koreas and the US-led United Nations Command agreed Monday to demilitarise a section of the heavily fortified border dividing the peninsula by this week, as a diplomatic thaw gathers pace. "The three parties agreed to carry out measures to withdra
Published 23 Oct, 2018 12:00am
China September lead output rises

China September lead output rises

China's lead output rose 13.7 percent year-on-year to 447,000 tonnes in September, the National Bureau of Statistics said on Monday.
Published 23 Oct, 2018 12:00am
Copper climbs to one-week high on China demand hopes

Copper climbs to one-week high on China demand hopes

Copper prices hit one-week highs on Monday due to expectations of stronger demand after authorities in top consumer China said they would take measures aimed at bolstering growth and liquidity. Benchmark copper on the London Metal Exchange ended up 0.3 pe
Published 23 Oct, 2018 12:00am
ICE's new Houston crude futures contract begins trading

ICE's new Houston crude futures contract begins trading

Intercontinental Exchange Inc said its new Permian West Texas Intermediate (WTI) crude oil futures contract deliverable in Houston, Texas, will begin trading on Monday. The trade month will be December and the contract will be deliverable at Magellan Mids
Published 23 Oct, 2018 12:00am
Oil little changed despite Saudi pledge to boost output

Oil little changed despite Saudi pledge to boost output

Oil futures were little changed on Monday after paring earlier losses despite Saudi Arabia's pledge to raise crude production to a record high, two weeks before US sanctions potentially choke off Iranian supplies.
Published 23 Oct, 2018 12:00am
Ivory Coast rubber output to reach 2 million tonnes in 2023

Ivory Coast rubber output to reach 2 million tonnes in 2023

Ivory Coast's natural rubber output will reach 2 million tonnes by 2023, the minister of agriculture said on Monday, a more than three-fold rise in production as plantations spread to new parts of the country. Ivory Coast is Africa's top natural rubber ex
Published 23 Oct, 2018 12:00am
Tokyo rubber rises

Tokyo rubber rises

Benchmark Tokyo rubber futures rose in light trade on Monday as stronger stock prices in China helped improve market sentiment, dealers said. The Tokyo Commodity Exchange (TOCOM) rubber contract for March delivery finished 2.5 yen, or 1.5 percent, higher
Published 23 Oct, 2018 12:00am
Malaysian palm oil snaps earlier losses
Vegetable Oil

Malaysian palm oil snaps earlier losses

Malaysian palm oil futures edged up on Monday, snapping two previous sessions of declines, supported by gains in US soyaoil and a weaker ringgit, palm's trading currency. A weaker ringgit tends to support palm oil by making it cheaper for holders of forei
Published 23 Oct, 2018 12:00am
Vietnam may recall re-export order of wheat

Vietnam may recall re-export order of wheat

Vietnam could recall an order that goes into effect on Nov. 1 that requires companies to re-export wheat cargoes containing cirsium arvense seeds, known as Canada thistle, the government said on Wednesday. Vietnam, whose main wheat suppliers include Russi
Published 23 Oct, 2018 12:00am
Raw sugar prices dip, cocoa rises

Raw sugar prices dip, cocoa rises

Raw sugar futures on ICE slipped on Monday on technical weakness following an earlier rally, while cocoa gained on short-covering, dealers said. March raw sugar settled down 0.07 cent, or 0.5 percent, at 13.82 cents per lb. The market has been in technica
Published 23 Oct, 2018 12:00am