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Print - 2019-06-14
China's iron ore hits record high on tight supply concerns
Exchange

China's iron ore hits record high on tight supply concerns

China's iron ore futures extended their surge to record highs on Wednesday, buoyed by concerns over tight supply and strong demand. The most-active iron ore contract for September delivery on the Dalian Commodity Exchange soared as much as 4.5% to an all-
Published 14 Jun, 2019 12:00am
European gasoline margins broadly stable

European gasoline margins broadly stable

Northwest European gasoline refining margins were broadly stable on Wednesday, shrugging off higher stocks in Europe and the United States. European gasoline stocks rose 7.7% in May compared with a year earlier and naphtha stocks jumped 14.7%, according t
Published 14 Jun, 2019 12:00am
Euronext wheat falls on favourable European outlook
Exchange

Euronext wheat falls on favourable European outlook

Euronext wheat closed slightly lower on Wednesday as the market balanced the strength in US prices amid Midwest weather concerns against a broadly favourable harvest outlook in Europe. Benchmark September milling wheat on the Paris-based Euronext exchange
Published 14 Jun, 2019 12:00am
PMEX daily trading report
Exchange

PMEX daily trading report

On Wednesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,777. The traded value of Metals, Energy and COTS/FX was recorded at PKR 18.079 billion and the number of lots traded was 16,533.
Published 14 Jun, 2019 12:00am
Below-average rains to hurt Ivorian cocoa mid-crop

Below-average rains to hurt Ivorian cocoa mid-crop

Below-average rainfall in most of Ivory Coast's cocoa growing regions last week could hurt the final stages of the April-to-September mid-crop, farmers said on Monday. In the western region of Soubre, at the heart of the cocoa belt, farmers said that alth
Published 14 Jun, 2019 12:00am
Sterling near five-month low against euro
Currency

Sterling near five-month low against euro

The sterling held near a five-month low against the euro on Thursday after Boris Johnson won by far the most support from Conservative lawmakers in the first round of the contest to replace Prime Minister Theresa May.
Published 14 Jun, 2019 12:00am
Asian forex: Tech gloom hits Korean won, Taiwan dollar
Currency

Asian forex: Tech gloom hits Korean won, Taiwan dollar

Most Asian currencies were weaker on Thursday, with a deteriorating outlook for the global memory chip industry hurting the South Korean won and Taiwan dollar. Regional risk appetite waned as chances of a US-China trade deal being struck at the G20 leader
Published 14 Jun, 2019 12:00am
Lira weakens

Lira weakens

Turkey's lira weakened some 1.5% on Thursday after Ankara reiterated that it was unwilling to back down from its purchase of Russian missile defence systems, despite pressure from Washington. The dispute between the Nato allies has set investors on edge,
Published 14 Jun, 2019 12:00am
Aussie slips, kiwi steadies

Aussie slips, kiwi steadies

The Australian dollar slipped to a two-week trough on Thursday as a mixed set of local jobs data were taken as a green light for a rate cut as soon as July, driving bond yields to historic lows. The Aussie eased 0.3% to $0.6908, taking it further away fro
Published 14 Jun, 2019 12:00am
Aussie hurt by jobs data, yen up in Europe

Aussie hurt by jobs data, yen up in Europe

The Australian dollar was the big loser on Thursday after mixed employment data raised expectations for an interest rate cut, while investor nerves about suspected attacks on two oil tankers in the Gulf of Oman supported demand for the Japanese yen.
Published 14 Jun, 2019 12:00am
Yen, dollar gain in Asian trade
Currency

Yen, dollar gain in Asian trade

The yen gained broadly on Thursday as risk appetite ebbed in the broader markets and lifted the safe-haven Japanese currency, while the dollar held the bulk of its gains against other major currencies after rebounding from 11-week lows.
Published 14 Jun, 2019 12:00am
Two Leisure Leagues events begin in Malir Cantonment

Two Leisure Leagues events begin in Malir Cantonment

Two eight-team leagues have simultaneously commenced as a part of Leisure Leagues at Malir Cantonment's Major Shabbir Shareef Shaheed Football Stadium. Prior to the commencement of the two leagues, a festival match for women was also organized in an effor
Published 14 Jun, 2019 12:00am
Cate Campbell eyes world title after super-fast 100m

Cate Campbell eyes world title after super-fast 100m

Cate Campbell shored her up standing as a gold medal favourite at the world championships next month with a sub-53 second swim in the 100m freestyle at the Australian trials Thursday. The former world record holder, who owns the fastest time this year, hi
Published 14 Jun, 2019 12:00am
Tears as badminton star Lee quits after cancer battle

Tears as badminton star Lee quits after cancer battle

Cancer-hit badminton star Lee Chong Wei announced his retirement Thursday, ending a brilliant career in which he collected a swathe of honours but never won a world or Olympic title. Lee, who spent a total of 348 weeks as world number one but lost six wor
Published 14 Jun, 2019 12:00am
UEFA opens online video market with Bundesliga highlights

UEFA opens online video market with Bundesliga highlights

UEFA launched on Thursday their own on-demand video platform which will include free Bundesliga highlights in Britain and France. The OTT - over the top - service also has 60 years of archive footage of men's matches as well as women's and youth football.
Published 14 Jun, 2019 12:00am
Cricket chiefs deny World Cup TV 'gagging' order

Cricket chiefs deny World Cup TV 'gagging' order

International cricket chiefs say they do not want to gag commentators after West Indies great Michael Holding hit out at "censorship" following on-air comments that were critical of the standard of umpiring at the World Cup. The former pace bowler, a high
Published 14 Jun, 2019 12:00am
West Indies must be smart to topple England, says Holder

West Indies must be smart to topple England, says Holder

West Indies captain Jason Holder says his resurgent side are using their brains as well as brawn ahead of a World Cup clash with hosts England on Friday. The West Indies have already shown what they are capable of, bowling Pakistan out for just 105 thanks
Published 14 Jun, 2019 12:00am
Rain washes out India-New Zealand match

Rain washes out India-New Zealand match

India and New Zealand were awarded a point each after persistent rain in Nottingham forced the abandonment of their match on Thursday - the fourth no result of this World Cup so far. After several inspections the umpires finally called the game at Trent B
Published 14 Jun, 2019 12:00am
Waqar Younis says Pakistan need to be 'A plus' to beat India

Waqar Younis says Pakistan need to be 'A plus' to beat India

Waqar Younis believes Pakistan will need an "A-plus" performance if they are to beat arch-rivals India in a high-stakes World Cup match on Sunday. Pakistan's 41-run defeat by champions Australia at Taunton on Wednesday has left them eighth in the 10-team
Published 14 Jun, 2019 12:00am
Imam expects 'huge-pressure game' against India

Imam expects 'huge-pressure game' against India

Pakistan's Imam-ul-Haq said this weekend's "huge-pressure" World Cup game against arch-rivals India was a must-win clash for his side after their defeat by Australia. Wednesday' 41-run loss to the reigning champions in Taunton left Pakistan eighth in the
Published 14 Jun, 2019 12:00am
UK-focused shares dip as no-deal Brexit scenario re-emerges

UK-focused shares dip as no-deal Brexit scenario re-emerges

Britain's mid-cap index slipped on Thursday as Boris Johnson, a prominent Brexiteer, emerged as the clear favourite to succeed Theresa May as Prime Minister after the first round of a ballot of Conservative lawmakers.
Published 14 Jun, 2019 12:00am
Southeast Asian markets: Malaysia at two-week low; Singapore gains

Southeast Asian markets: Malaysia at two-week low; Singapore gains

The Malaysian stock market hit a two-week closing low on Thursday dragged by utility stocks, as a US-China standoff over terms of a trade deal dampened investor sentiment, while hopes of further stimulus from Beijing boosted some of its trading partners s
Published 14 Jun, 2019 12:00am
European shares slightly up trade worries linger

European shares slightly up trade worries linger

Gains for metal and mining companies helped European stocks end slightly higher on Thursday, with concerns over an attack on tankers in the Gulf of Oman and continuing US-China trade tensions sapping early enthusiasm among investors.
Published 14 Jun, 2019 12:00am
China stocks rebound

China stocks rebound

Shanghai stocks recovered from early losses to end steady on Thursday on hopes Beijing will roll out further measures to bolster the economy amid a bruising trade war with Washington. The blue-chip CSI300 index ended a tick down at 3,685.39, while the Sha
Published 14 Jun, 2019 12:00am
Indian shares steady

Indian shares steady

Indian shares pared early declines to end steady on Thursday, aided by a rally in Indiabulls Housing Finance Ltd stock after a writ petition in the Supreme Court against the mortgage lender was withdrawn.
Published 14 Jun, 2019 12:00am
Jet Airways plunges
Exchange

Jet Airways plunges

Shares of Jet Airways sunk over 23% to a record low on Thursday after India's largest stock exchange said the carrier would soon no longer be traded in the derivatives market, while day-trading in the stock would also be barred, in a bid to curb speculati
Published 14 Jun, 2019 12:00am
Jet Airways plunges
Exchange

Jet Airways plunges

Shares of Jet Airways sunk over 23% to a record low on Thursday after India's largest stock exchange said the carrier would soon no longer be traded in the derivatives market, while day-trading in the stock would also be barred, in a bid to curb speculati
Published 14 Jun, 2019 12:00am
Treasury yield curve steeper

Treasury yield curve steeper

The US Treasury yield curve was steeper on Wednesday after soft inflation data pulled short-dated yields lower, indicating increased expectations that the Federal Reserve will cut interest rates.
Published 14 Jun, 2019 12:00am
Treasury yield curve steeper

Treasury yield curve steeper

The US Treasury yield curve was steeper on Wednesday after soft inflation data pulled short-dated yields lower, indicating increased expectations that the Federal Reserve will cut interest rates.
Published 14 Jun, 2019 12:00am
Hong Kong stocks down

Hong Kong stocks down

Hong Kong shares recovered most of their early losses and ended slightly lower on Thursday amid street protests, thanks to gains in real estate firms and mainland money flows.
Published 14 Jun, 2019 12:00am
Tokyo stocks lower

Tokyo stocks lower

Tokyo stocks closed lower on Thursday, taking a negative lead from Wall Street amid lingering worries over the US-China trade war, while concerns over Hong Kong protests also weighed on the market. The benchmark Nikkei 225 index slipped 0.46 percent or 97
Published 14 Jun, 2019 12:00am
Australian shares flat; NZ up

Australian shares flat; NZ up

Australia's benchmark share index closed little changed on Thursday as persistent trade worries and falling commodity prices weighed on resource-based stocks, while rate cut bets bolstered financials. The S&P/ASX 200 index ended flat for a second day in a
Published 14 Jun, 2019 12:00am
Saudi index leads Gulf lower after attacks on tankers

Saudi index leads Gulf lower after attacks on tankers

The Saudi Arabian stock market snapped a five-day winning streak as attacks on tankers in the Gulf of Oman dampened investor sentiment in the region, while all major Gulf markets also declined. Two oil tankers were attacked in the Gulf of Oman on Thursday
Published 14 Jun, 2019 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 14 Jun, 2019 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 14 Jun, 2019 12:00am
State Bank of Pakistan conversion rates
Exchange

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 14 Jun, 2019 12:00am
Barclays bid rates and maximum rates for payment of interest
Exchange

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 14 Jun, 2019 12:00am
Currency notes: exchange rates
Exchange

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Thursday (June 13, 2019).

Published 14 Jun, 2019 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (June 13, 2019).
Published 14 Jun, 2019 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (June 13, 2019).

Published 14 Jun, 2019 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (June 13, 2019).

Published 14 Jun, 2019 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (June 13, 2019).

Published 14 Jun, 2019 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (June 13, 2019).

Published 14 Jun, 2019 12:00am