News Archives for Print - 2019-04-13

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 13 Apr, 2019 12:00am

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 13 Apr, 2019 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 13 Apr, 2019 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 13 Apr, 2019 12:00am

Aaj TV - Saturday's schedule

All timings are in PST (Pakistan Standard Time).

Published 13 Apr, 2019 12:00am

Canadian canola futures firmer

Nearby ICE Canadian canola futures were slightly firmer on Thursday as funds rolled their holdings to the July contract from the May contract. Gains were muted due to a lack of fresh fundamental news, a trader said. Deferred contracts eased slightly, pres

Published 13 Apr, 2019 12:00am

Asia's naphtha surges to over six-month high

Asia's naphtha crack rose for the first time in 1-1/2 weeks on Wednesday to reach its highest since April 1 at $49.63 a tonne, supported by gasoline demand and supply disruptions, industry sources said. Asia's gasoline crack surged nearly 18 percent to $7

Published 13 Apr, 2019 12:00am

Cotton

PMEX daily trading report

On Thursday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,845. The traded value of Metals, Energy and COTS/FX was recorded at PKR 4.956 billion and the number of lots traded 7,363.

Published 13 Apr, 2019 12:00am

European wheat futures edge higher

European wheat futures edged higher on Thursday, supported by a slight bounce in Chicago and brisk export activity in western Europe. Benchmark May milling wheat on Paris-based Euronext, settled 0.75 euro higher at 189.25 euros ($213.06) a tonne, although

Published 13 Apr, 2019 12:00am

CBOT wheat futures higher on short-covering

Chicago Board of Trade wheat futures closed higher on Thursday on short-covering following a five-session slide and worries that wintry weather in the northern US Plains could curb spring wheat plantings, traders said. CBOT May soft red winter wheat settl

Published 13 Apr, 2019 12:00am

China's steel, iron ore higher on firm demand

China's steel and iron ore futures closed higher on Thursday, resuming their climb after a one-day pause, supported by expectations that domestic demand will remain strong amid brisk construction activity in the world's biggest steelmaker.

Published 13 Apr, 2019 12:00am

Activities at Karachi and Qasim Ports

The Karachi Port handled 149,106 tonnes of cargo comprising 61,752 tonnes of import cargo and 87,354 tonnes of export cargo including 8,817 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargos of 61,

Published 13 Apr, 2019 12:00am

Cotton

Cotton market: prices firm on sustained buying of best quality

Prices maintained a firm posture on the cotton market on Friday on sustained buying of best quality, dealers said. The official spot rate was unchanged at Rs 8,800, they added. In the ready session, 5000 bales of cotton finalised between Rs 7750-9000, the

Published 13 Apr, 2019 12:00am

CBOT soyabean futures down

Chicago Board of Trade soyabean futures closed lower on Thursday on disappointing weekly US export sales and rising estimates of South American soya harvests, traders said. CBOT May soyabeans settled down 6-3/4 cents at $8.95-1/4 a bushel. CBOT May soyame

Published 13 Apr, 2019 12:00am

CBOT corn futures lower

Chicago Board of Trade corn futures ended lower on Thursday on disappointing weekly export sales data and expectations for ample old-crop corn inventories that could dampen concerns about US new-crop planting delays, traders said. CBOT May corn settled do

Published 13 Apr, 2019 12:00am

Australian shares rise; NZ subdued

Australian shares rallied on Friday as reports that the country's biggest lender was shedding jobs to cut costs

Published 13 Apr, 2019 12:00am

Friday's early afternoon trade: gains in Walt Disney, bank shares bolster Wall Street

US stocks rose on Friday, lifting the S&P 500 above the 2,900 mark for the first time since early October, boosted by gains in Walt Disney shares and as bank stocks surged after strong results from JPMorgan.

Published 13 Apr, 2019 12:00am

S&P ends flat as investors await bank earnings

The S&P 500 ended little changed on Thursday as growing anxiety over a global economic slowdown offset upbeat data and investors waited for earnings season to kick into high gear.

Published 13 Apr, 2019 12:00am

Nikkei index rises

Tokyo's main Nikkei index closed higher on Friday as the dollar's rebound encouraged buying, but the broader Topix was down, with little fresh news to guide investors.

Published 13 Apr, 2019 12:00am

Treasury yields advance

US Treasury yields rose on Thursday after generally solid data on US jobless claims and producer prices that may have eased worries about a steep downturn for the US economy.

Published 13 Apr, 2019 12:00am

Treasury yields advance

US Treasury yields rose on Thursday after generally solid data on US jobless claims and producer prices that may have eased worries about a steep downturn for the US economy.

Published 13 Apr, 2019 12:00am

Indian shares up, post first weekly fall in 8

Indian shares ended higher on Friday, boosted by heavyweight ITC Ltd, but the indexes marked their first weekly fall in eight ahead of the fourth-quarter corporate results.

Published 13 Apr, 2019 12:00am

Shanghai stocks flat

Shanghai stocks recouped losses to end flat on Friday, as better-than-expected exports brought some relief to investors looking for signs of stabilization in the world's second-largest economy.

Published 13 Apr, 2019 12:00am

European shares up boosted by banks and auto stocks

European shares finished higher for a third straight day on Friday, with investor sentiment getting a boost from JP Morgan setting a strong start to US earnings and amid signs of stabilization in China's economy.

Published 13 Apr, 2019 12:00am

Hong Kong stocks up

Hong Kong stocks reversed earlier losses to close higher on Friday after better-than-expected exports data on the mainland, and as data showed China banks extended far more-than-expected new yuan loans as Beijing strives to bolster growth.

Published 13 Apr, 2019 12:00am

Southeast Asian stocks mostly subdued

Most Southeast Asian markets were subdued on Friday as China's imports in March shrank and expectations of a further slowdown in Beijing's economic growth curbed risk appetite, while the Malaysian index bucked the sombre mood to end firmer.

Published 13 Apr, 2019 12:00am

FTSE 100 up as financials, miners lead charge; Plus500 tanks

Gains in financial stocks and miners after some promising data from China and positive US bank earnings led Britain's FTSE 100 higher on Friday, while a plunge in revenue took down mid-cap online trading platform Plus500 and its peers.

Published 13 Apr, 2019 12:00am

EU 'ready to respond' to US in Airbus/Boeing row

French Finance Minister Bruno Le Maire warned on Friday that Europe was ready to hit back at any US tariffs against Airbus as he pleaded for an "amicable solution" to the long-running dispute.

Published 13 Apr, 2019 12:00am

Amazon, Walmart trade barbs on taxes, wages

The Amazon-Walmart battle for retail supremacy veered into a trash-talk phase on Thursday over worker pay and alleged tax shirking. Amazon was the provocateur of the latest dustup, which comes as the two companies battle increasingly hard for retail marke

Published 13 Apr, 2019 12:00am

Amazon, Walmart trade barbs on taxes, wages

Published 13 Apr, 2019 12:00am

Disney+ streaming service sets November launch

Disney announced Thursday that its video streaming service would launch in the US in November, spotlighting its blockbuster-making studios as it takes on powerhouse Netflix. The company said that after launching in the US on November 12 at $6.99 per month

Published 13 Apr, 2019 12:00am

General Electric in $1.5 billion US settlement

The Justice Department announced Friday that General Electric has agreed to pay $1.5 billion over subprime mortgages, finalizing a settlement on conduct prior to the 2008 financial crisis. GE had announced a preliminary agreement on the subprime case in J

Published 13 Apr, 2019 12:00am

China's imports Plummet

China's imports plummeted in March while exports rose sharply, official data showed Friday, adding to worries about slowing growth in the world's number two economy amid a US trade war. Total imports sank 7.6 percent on-year last month while exports rose

Published 13 Apr, 2019 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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