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Print - 2019-02-16
China stocks fall, but up for the week

China stocks fall, but up for the week

China stocks retreated on Friday, after latest official data raised deflation fears, while investors were worried about uncertainties over the Sino-US trade negotiations. The blue-chip CSI300 index ended down 1.9 percent at 3,338.70, while the Shanghai Co
Published 16 Feb, 2019 12:00am
Treasury yields fall

Treasury yields fall

Treasury yields fell on Thursday after data showed that US retail sales recorded their biggest drop in more than nine years in December, suggesting a slowdown in economic activity at the end of 2018. The Commerce Department said retail sales tumbled 1.2 p
Published 16 Feb, 2019 12:00am
Treasury yields fall

Treasury yields fall

Treasury yields fell on Thursday after data showed that US retail sales recorded their biggest drop in more than nine years in December, suggesting a slowdown in economic activity at the end of 2018. The Commerce Department said retail sales tumbled 1.2 p
Published 16 Feb, 2019 12:00am
Nigeria stocks rise before presidential vote

Nigeria stocks rise before presidential vote

Nigerian stocks rose to their highest level in more than three months on Friday, hours before a presidential election gets under way. The main share index rose 0.81 percent to close at 32,715 points, lifted by gains for oil stocks which soared 4.26 percen
Published 16 Feb, 2019 12:00am
S&P and Dow slip, Nadaq posts slim gain

S&P and Dow slip, Nadaq posts slim gain

The S&P 500 and the Dow slipped while the Nasdaq posted a slim gain on Thursday as investors struggled to square grim retail sales data with hopes that high-level talks in Beijing could resolve the ongoing US-China trade dispute. Paring earlier losses, th
Published 16 Feb, 2019 12:00am
Nikkei down over one percent

Nikkei down over one percent

Tokyo's benchmark Nikkei index dropped more than one percent on Friday, tracking falls on Wall Street as weak US retail sales disappointed investors and a higher yen weighed on the market. The benchmark Nikkei 225 index lost 1.13 percent, or 239.08 points
Published 16 Feb, 2019 12:00am
Indian shares extend declines, post two percent weekly fall

Indian shares extend declines, post two percent weekly fall

Indian shares recovered some of their early losses in late trade on Friday, but subdued global indicators and muted domestic earnings led to the markets ending in the red again. The trading sentiment also took a blow after a suicide bomber killed 44 India
Published 16 Feb, 2019 12:00am
CBOT soyabean futures drop on slumping exports

CBOT soyabean futures drop on slumping exports

Chicago Board of Trade (CBOT) soyabean futures dropped on Thursday amid news China and other buyers had canceled a flurry of US soyabean orders in early January, and that Argentina's soya crop could be larger than previously expected, traders said. CBOT M
Published 16 Feb, 2019 12:00am
Cotton market: firm trend on improved business activity
Cotton

Cotton market: firm trend on improved business activity

Steady trend was seen on the cotton market on Friday in the process of improved business activity, dealers said. The official spot rate was unchanged at Rs 8,600, they added. In the ready session, approximately 6000 bales of cotton changed hands between R
Published 16 Feb, 2019 12:00am
Activities at Karachi and Qasim Ports

Activities at Karachi and Qasim Ports

The Karachi Port handled 160,716 tonnes of cargo comprising 105,699 tonnes of import cargo and 55,017 tonnes of export cargo including 7,781 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargos of 10
Published 16 Feb, 2019 12:00am
Euronext wheat futures hit lowest in six months

Euronext wheat futures hit lowest in six months

Euronext wheat futures on Thursday hit their lowest in over six months in an unexpectedly sharp slide fuelled by technical selling and worries that an upturn in demand is coming too late to make up for a slow start to the season. May milling wheat, the mo
Published 16 Feb, 2019 12:00am
CBOT corn futures down

CBOT corn futures down

Chicago Board of Trade (CBOT) corn futures fell more than 1 percent on Thursday, following weakness in the soyabean and wheat markets and pressured by disappointing export sales, traders said. CBOT March corn settled down 4 cents at $3.74-3/4 per bushel o
Published 16 Feb, 2019 12:00am
CBOT wheat futures fall to 6-week low

CBOT wheat futures fall to 6-week low

Chicago Board of Trade (CBOT) wheat futures fell to a six-week low on Thursday, while K.C. wheat futures dropped to new contract lows across the board, amid technical selling and traders scrambling to respond to disappointing export sales. Chicago Board o
Published 16 Feb, 2019 12:00am
China's iron ore futures recover after falling over four percent

China's iron ore futures recover after falling over four percent

China's iron ore futures recovered on Thursday after falling more than 4 percent in the past two sessions, but weak appetite for the high-priced raw material and doubts over actual supply disruption at the world's biggest iron ore miner clouded the outloo
Published 16 Feb, 2019 12:00am
PMEX daily trading report
Cotton

PMEX daily trading report

On Thursday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,635. The traded value of Metals, Energy and COTS/FX was recorded at PKR 10.612 billion and the number of lots traded 18,093. Major business was contributed by NSDQ100 am
Published 16 Feb, 2019 12:00am
US MIDDAY: gold scales two-week peak

US MIDDAY: gold scales two-week peak

Gold jumped to a two-week high on Friday after weak US economic data boosted expectations the US Federal Reserve would hold pat on monetary tightening, while palladium matched an all-time high on a prolonged deficit. Spot gold was up 0.4 percent at $1,317
Published 16 Feb, 2019 12:00am
US MIDDAY: wheat falls to multi-month lows

US MIDDAY: wheat falls to multi-month lows

US wheat futures fell to multi-month lows on Friday, despite broad strength in commodity and equity markets as grain traders eyed falling prices in the global cash wheat market and bearish technical signals. Soyabeans climbed on optimism about US trade ne
Published 16 Feb, 2019 12:00am
Gold climbs in Europe

Gold climbs in Europe

Gold jumped to a two-week high on Friday after weak US economic data boosted expectations the US Federal Reserve would hold pat on monetary tightening, while palladium matched an all-time high on a prolonged deficit. Spot gold was up 0.2 percent at $1,314
Published 16 Feb, 2019 12:00am
Gold rangebound in Asia

Gold rangebound in Asia

Gold traded in a tight $4 range on Friday as investors looked for signs of progress in ongoing US-China trade talks, while concerns of a global slowdown in the wake of sombre economic data out of United States and China provided underlying support. Spot g
Published 16 Feb, 2019 12:00am
Gold rises in New York

Gold rises in New York

Gold prices rose on Thursday close in New York as the dollar fell on weak economic data from the United States, which bolstered expectations the Federal Reserve would stick to its dovish stance on monetary policy. Spot gold rose 0.5 percent to $1,312.17 p
Published 16 Feb, 2019 12:00am
Raw sugar, New York cocoa hit four-week high

Raw sugar, New York cocoa hit four-week high

Raw sugar futures on ICE rose on Friday, as higher oil prices helped lift the March contract to its highest in nearly a month, and New York cocoa also climbed to a one-month high. March raw sugar settled up 0.53 cent, or 4.2 percent, at 13.14 cents per lb
Published 16 Feb, 2019 12:00am
Palm oil declines over one percent
Vegetable Oil

Palm oil declines over one percent

Malaysian palm oil futures fell over 1 percent on Friday, recording a fifth session of declines in six, tracking weakness in soyaoil on the US Chicago Board of Trade (CBOT). The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivati
Published 16 Feb, 2019 12:00am
Tokyo rubber tracks Shanghai prices lower

Tokyo rubber tracks Shanghai prices lower

Benchmark Tokyo rubber futures fell on Friday, tracking weak Shanghai futures, following a jump in the previous day amid optimism over a Sino-US trade deal. Tokyo Commodity Exchange (TOCOM) futures, which set the tone for rubber prices in Southeast Asia,
Published 16 Feb, 2019 12:00am
Oil prices rise two percent on signs of further Saudi tightening

Oil prices rise two percent on signs of further Saudi tightening

Oil prices climbed more than 2 percent on Friday after an outage at Saudi Arabia's offshore oilfield boosted investor expectations for tightening supply. The international Brent crude benchmark rose $1.51, or 2.3 percent, to $66.08 a barrel, the highest s
Published 16 Feb, 2019 12:00am
China data helps copper to a positive end to a poor week

China data helps copper to a positive end to a poor week

Copper prices rose on Friday after better than expected lending data in China, the world's biggest consumer, bolstered the demand outlook. Benchmark copper on the London Metal Exchange (LME) closed 0.8 percent up at $6,188 a tonne. It was still down about
Published 16 Feb, 2019 12:00am
Cotton futures higher as oil rises, dollar weakens
Cotton

Cotton futures higher as oil rises, dollar weakens

ICE cotton futures rose on Thursday, supported by a weaker dollar and gains in oil prices, while investors awaited the outcome of US-China trade talks. The most active cotton contract on ICE Futures US, the March contract, settled up 0.27 cent, or 0.39 pe
Published 16 Feb, 2019 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 16 Feb, 2019 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 16 Feb, 2019 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 16 Feb, 2019 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 16 Feb, 2019 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 Friday (February 15, 2019).

Published 16 Feb, 2019 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 Friday (February 15, 2019).

Published 16 Feb, 2019 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (February 15, 2019).
Published 16 Feb, 2019 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (February 15, 2019).

Published 16 Feb, 2019 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (February 15, 2019).

Published 16 Feb, 2019 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (February 15, 2019).

Published 16 Feb, 2019 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (February 15, 2019).

Published 16 Feb, 2019 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Friday (February 15, 2019).

Published 16 Feb, 2019 12:00am
Pakistan releases fact-sheet on Jadhav case at ICJ

Pakistan releases fact-sheet on Jadhav case at ICJ

Pakistan on Friday released a fact sheet just before the hearing of Kulbhushan Jadhav's case at International Court of Justice (ICJ) in The Hague. Pakistan's delegation consisting director general for South Asia and SAARC Dr Mohammad Faisal and Attorney G
Published 16 Feb, 2019 12:00am
THE RUPEE: steady trend
Currency

THE RUPEE: steady trend

Firm trend was seen on the money market on Friday as the rupee firmly held the overnight levels in terms of the dollar in the process of trading activity, dealers said. The rupee did not show any major change versus the dollar for buying and selling at Rs
Published 16 Feb, 2019 12:00am
Trump declares 'emergency' to build wall

Trump declares 'emergency' to build wall

President Donald Trump, citing an "invasion" of drugs and criminals, declared a national emergency at the US-Mexico border on Friday to fund construction of his long-sought wall, a move slammed by Democrats as an unlawful "power grab."
Published 16 Feb, 2019 12:00am
THE RUPEE: steady trend
Currency

THE RUPEE: steady trend

Firm trend was seen on the money market on Friday as the rupee firmly held the overnight levels in terms of the dollar in the process of trading activity, dealers said. The rupee did not show any major change versus the dollar for buying and selling at Rs
Published 16 Feb, 2019 12:00am
Trump declares 'emergency' to build wall

Trump declares 'emergency' to build wall

President Donald Trump, citing an "invasion" of drugs and criminals, declared a national emergency at the US-Mexico border on Friday to fund construction of his long-sought wall, a move slammed by Democrats as an unlawful "power grab."
Published 16 Feb, 2019 12:00am
More Brexit embarrassment for May as parliament defeats her again

More Brexit embarrassment for May as parliament defeats her again

Prime Minister Theresa May suffered a defeat on her Brexit strategy on Thursday that undermined her pledge to European Union leaders to get her divorce deal approved if they grant her concessions. In a show of muscle, hardline Brexit supporters in her Con
Published 16 Feb, 2019 12:00am
More Brexit embarrassment for May as parliament defeats her again

More Brexit embarrassment for May as parliament defeats her again

Prime Minister Theresa May suffered a defeat on her Brexit strategy on Thursday that undermined her pledge to European Union leaders to get her divorce deal approved if they grant her concessions. In a show of muscle, hardline Brexit supporters in her Con
Published 16 Feb, 2019 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (February 15, 2019).

Published 16 Feb, 2019 12:00am
US says trade with UK to increase 'substantially' post-Brexit

US says trade with UK to increase 'substantially' post-Brexit

US trade with Britain will increase "very substantially" post-Brexit, President Donald Trump predicted on Friday as a deadline looms for that country to leave the European Union. "You know all of the situation with respect to Brexit and the complexity and
Published 16 Feb, 2019 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (February 15, 2019).

Published 16 Feb, 2019 12:00am
US says trade with UK to increase 'substantially' post-Brexit

US says trade with UK to increase 'substantially' post-Brexit

US trade with Britain will increase "very substantially" post-Brexit, President Donald Trump predicted on Friday as a deadline looms for that country to leave the European Union. "You know all of the situation with respect to Brexit and the complexity and
Published 16 Feb, 2019 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 16 Feb, 2019 12:00am
The Weather

The Weather

The weather report on Friday (February 15, 2019) and the forecast for Saturday (February 16, 2019).

Published 16 Feb, 2019 12:00am
MoUs on diverse sectors to be inked

MoUs on diverse sectors to be inked

Pakistan and Saudi Arabia will sign memoranda of understanding relating to diverse sectors, including investment, finance, power, renewable energy, internal security, media, culture and sports, during the visit of Saudi Crown Prince Mohammed bin Salman.
Published 16 Feb, 2019 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (February 15, 2019).

Published 16 Feb, 2019 12:00am
MoUs on diverse sectors to be inked

MoUs on diverse sectors to be inked

Pakistan and Saudi Arabia will sign memoranda of understanding relating to diverse sectors, including investment, finance, power, renewable energy, internal security, media, culture and sports, during the visit of Saudi Crown Prince Mohammed bin Salman.
Published 16 Feb, 2019 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (February 15, 2019).

Published 16 Feb, 2019 12:00am
MoUs on diverse sectors to be inked

MoUs on diverse sectors to be inked

Pakistan and Saudi Arabia will sign memoranda of understanding relating to diverse sectors, including investment, finance, power, renewable energy, internal security, media, culture and sports, during the visit of Saudi Crown Prince Mohammed bin Salman.
Published 16 Feb, 2019 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 16 Feb, 2019 12:00am
Pakistan, KSA to launch 'supreme' coordination body

Pakistan, KSA to launch 'supreme' coordination body

Pakistan and Saudi Arabia will launch Supreme Coordination Council (SCC) during the visit of Crown Prince Mohammed bin Salman to follow on the mutually agreed objectives, Foreign Office said.
Published 16 Feb, 2019 12:00am
BRIndex100 inches up

BRIndex100 inches up

Pakistan Stock Exchange Friday witnessed a mixed trend due to investors' lack of interest. BRIndex100 closed at 4,319.78 points, up 4.39 points or 0.1 percent. BRIndex100 touched intraday high of 4,335.14 and intraday low of 4,303.80 points. Volumes stood
Published 16 Feb, 2019 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (February 15, 2019)

Published 16 Feb, 2019 12:00am