News Archives for Print - 2019-04-23

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 23 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 23 Apr, 2019 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 23 Apr, 2019 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 23 Apr, 2019 12:00am

Aaj TV - Tuesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 23 Apr, 2019 12:00am

Cotton

Cotton inches up on heavy rains, softer dollar

ICE cotton futures settled higher on Monday as the dollar weakened and tumultuous weather in the US Southeast restricted progress in plantation of the natural fibre crop.

Published 23 Apr, 2019 12:00am

German wheat harvest to jump 20.6 percent after drought

Germany's 2019 wheat harvest will jump 20.6 percent on the year to 24.44 million tonnes with rising expectations of a recovery after the drought-reduced harvest last year, the country's association of farm cooperatives (DRV) said on Tuesday.

Published 23 Apr, 2019 12:00am

Middle East crude Dubai hits over five-year high

Middle East crude benchmark Dubai jumped on Monday to the highest premium in more than five years ahead of an expected announcement by Washington to end US sanctions waivers for Iranian oil buyers, according to trade sources and Reuters data.

Published 23 Apr, 2019 12:00am

Oil hits 2019 high on US plan to tighten squeeze on Iran

Oil prices jumped more than 2 percent on Monday to a near six-month high, on growing concern about tight global supplies after the United States announced a further clampdown on Iranian oil exports.

Published 23 Apr, 2019 12:00am

Tokyo rubber gains

Tokyo Commodity Exchange (TOCOM) futures jumped on Monday, tracking strong Shanghai futures, supported by firm oil prices. The benchmark TOCOM rubber contract for September delivery finished 0.8 yen ($0.0071) higher at 189.3 yen per kg.

Published 23 Apr, 2019 12:00am

Vegetable Oil

Palm oil futures drop on profit-taking

Malaysian palm oil futures shed the previous session's gains to edge lower on Monday evening as traders locked in gains and sold on technical data reflecting a bearish outlook. The benchmark palm oil contract for July delivery on the Bursa Malaysia Deriva

Published 23 Apr, 2019 12:00am

North American Q1 cocoa grind rises

North American cocoa grindings rose 1.98 percent in the first quarter of 2019 from the previous year, exceeding the expectations of many market participants, data from the National Confectioners Association (NCA) showed on Thursday.

Published 23 Apr, 2019 12:00am

Arabica coffee springs back; cocoa, sugar down

Arabica coffee futures on ICE fell on Monday, after earlier climbing to their highest levels in 10 days, as technical weakness and a global glut continued to weigh down the market; while New York cocoa and raw sugar prices also fell. London cocoa, robusta

Published 23 Apr, 2019 12:00am

Gold recovers from four-month low in Asian trade

Gold inched up on Monday, moving away from a near 4-month trough touched in the previous session, drawing support from a drop in equities and a jump in crude oil prices.

Published 23 Apr, 2019 12:00am

US MIDDAY: wheat, corn down

Chicago wheat futures fell more than 1 percent to a one-month low on Monday, pressured by generally favourable US crop conditions and expectations of abundant global supplies, traders said.

Published 23 Apr, 2019 12:00am

US MIDDAY: gold steadies

Gold steadied on Monday, holding above a nearly four-month low touched the previous session on support from a weaker dollar and expectations the United States would put further restrictions on Iran's oil exports.

Published 23 Apr, 2019 12:00am

Chinese steel, iron ore futures rise

China's steel and iron ore futures rose on Monday after last week recording their worst weekly performance in several months, buoyed after Beijing said it would maintain policy support for the economy. A top decision-making body of the Communist Party on

Published 23 Apr, 2019 12:00am

Ukraine's sea port grain exports fall

Ukrainian grain exports from sea ports in the week of April 13-19 fell to 598,000 tonnes from 1.16 million tonnes a week earlier, the APK-Inform consultancy said on Sunday. Corn exports fell 51 percent to 392,000 tonnes, while wheat shipments declined 38

Published 23 Apr, 2019 12:00am

Canadian canola futures fall

ICE Canadian canola futures declined on Thursday with the front four contract hitting life-of-contract lows on technical selling and worries about exports to China, traders said. The market shrugged off support from scale-down buying, a slight upturn in a

Published 23 Apr, 2019 12:00am

CBOT wheat slumps to one month low

Chicago Board of Trade (CBOT) wheat futures dropped to a one-month low on Thursday on concerns about large harvests in exporting countries, traders said. CBOT May soft red winter wheat settled 2-3/4 cents weaker at $4.44-1/4 per bushel. The contract touch

Published 23 Apr, 2019 12:00am

CBOT soyabean rises from five-month low

Chicago Board of Trade (CBOT) soyabean futures ended higher on positioning on Thursday after dropping to their lowest price since November, traders said. CBOT May soyabeans settled 1-1/2 cents higher at $8.80-1/2 per bushel. The contract set its lowest pr

Published 23 Apr, 2019 12:00am

Indian rice prices fall on lower demand

Asian rice exporting hubs saw tepid activity this week, with prices for the staple from top exporter India dipping on lower demand, while Bangladesh mulled a review of its ban on exports of the grain. India's 5 percent broken parboiled variety was quoted

Published 23 Apr, 2019 12:00am

Shanghai metals edges lower; copper on course for weekly rise

Most Shanghai base metal prices drifted lower on Friday as traders were away in Europe and parts of Asia for the Good Friday holiday, while the London Metal Exchange was closed until Tuesday. Copper on the Shanghai Futures Exchange (ShFE) was down 0.5 per

Published 23 Apr, 2019 12:00am

Cotton

Tight supply pushes rates up on cotton market

Trading activity improved on the cotton market on Monday in the process of tight supply of fine quality, dealers said. The official spot rate was higher by Rs 50 to Rs 8,850, they added. In the ready session, around 7000 bales of cotton Changed hands betw

Published 23 Apr, 2019 12:00am

Currency

Argentina to harvest 55 million tonnes of soya this season

Argentina will harvest 55 million tonnes of soya this season, the Buenos Aires Grains Exchange said on Thursday, citing high yields as it raised its previous forecast a day after the Rosario exchange also increased its estimate for the crop. Mild weather

Published 23 Apr, 2019 12:00am

Ukraine's spring grain sowing reaches 93 percent of expected area

Ukrainian farmers have so far sown 2.1 million hectares of spring grain crops for the 2019 harvest, or 93 percent of the expected area, the agriculture ministry said on Monday. The ministry has said Ukraine's 2019 early spring grain sowing area is likely

Published 23 Apr, 2019 12:00am

Activities of Karachi Port

The Karachi Port handled 268,934 tonnes of cargo comprising 159,621 tonnes of import cargo and 109,313 tonnes of export cargo including 5,560 loaded and empty containers during the last 48 hours ending at 0700 hours on Monday. The total import cargos of 1

Published 23 Apr, 2019 12:00am

Ukraine's sunoil exports rise

Ukraine, the world's largest exporter of sunflower oil, has exported around 3.4 million tonnes of the commodity so far in the 2018/19 season which runs from September to August, analyst APK-Inform said on Sunday. Sunoil exports totalled 3.22 million tonne

Published 23 Apr, 2019 12:00am

Russian wheat export prices down on weak demand

Russian wheat export prices fell last week with prospects for the upcoming 2019 crop improving while demand weakened, analysts said on Monday. Black Sea prices for Russian wheat with 12.5 percent protein content for delivery in May were $221 per tonne on

Published 23 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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