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Dec 19, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2019-06-29
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 29 Jun, 2019 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (June 28, 2019).

Published 29 Jun, 2019 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (June 28, 2019).
Published 29 Jun, 2019 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 29 Jun, 2019 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 29 Jun, 2019 12:00am
Canadian canola futures slide

Canadian canola futures slide

ICE Canadian canola futures slipped on Thursday for the fifth straight day, as improving crop weather on the Canadian Prairies and in the US Midwest weighed down crop values. Much of the Canadian province of Saskatchewan received rain in the past week, bu
Published 29 Jun, 2019 12:00am
Asia's naphtha at six-week high

Asia's naphtha at six-week high

Asia's naphtha reached a six-week high of $29.65 a tonne on Thursday as demand from Taiwan and South Korea emerged. Asia's top naphtha buyer Formosa and South Korea's Hanwha Total were looking to buy cargoes for August arrival. Formosa picked up around 10
Published 29 Jun, 2019 12:00am
PMEX daily trading report
Exchange

PMEX daily trading report

On Thursday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,105. The traded value of Metals, Energy and COTS/FX was recorded at PKR 14.596 billion and the number of lots traded 13,225. Major business was contributed by NSDQ100 am
Published 29 Jun, 2019 12:00am
China's iron ore snaps three-day decline on tight supply
Exchange

China's iron ore snaps three-day decline on tight supply

Dalian iron ore prices surged on Thursday, breaking a three-day decline on renewed concerns about tightening supply of the raw material, while steel futures rallied for a seventh straight session amid output cuts intended to curb pollution in China. The m
Published 29 Jun, 2019 12:00am
CBOT wheat futures mixed

CBOT wheat futures mixed

Chicago Board of Trade (CBOT) wheat futures closed mixed on Thursday as warmer, drier weather in the US Plains was seen accelerating winter crop maturity and harvesting and as traders squared positions ahead of key government crop data due on Friday, trad
Published 29 Jun, 2019 12:00am
European wheat prices pare gains

European wheat prices pare gains

European wheat prices pared early gains on Thursday, weighed down by a fall in US markets, easing concerns about heat stress to west European crops and weak export demand for European wheat, notably French. Front month September milling wheat on Paris-bas
Published 29 Jun, 2019 12:00am
Activities at Karachi and Qasim Ports

Activities at Karachi and Qasim Ports

The Karachi Port handled 142,357 tonnes of cargo comprising 121,555 tonnes of import cargo and 20,802 tonnes of export cargo including 4,845 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargos of 12
Published 29 Jun, 2019 12:00am
Cotton market: firm trend amid slow business
Cotton

Cotton market: firm trend amid slow business

Steady trend was witnessed on the cotton market on Friday in process of modest trading activity, dealers said. The official spot rate was unchanged at Rs 8400, they added. In ready session, around 4000 bales of cotton changed hands between Rs 8400-8650, t
Published 29 Jun, 2019 12:00am
Jordan seeks to buy wheat

Jordan seeks to buy wheat

Jordan's state grain buyer the trade ministry has issued an international tender to buy 120,000 tonnes of milling wheat which can be sourced from optional origins, European traders said on Thursday. The tender deadline is July 3. Traders had expected a ne
Published 29 Jun, 2019 12:00am
CBOT soyabean futures slump on better US weather

CBOT soyabean futures slump on better US weather

Chicago Board of Trade (CBOT) soyabean futures fell for a third straight day on Thursday as traders squared positions ahead of key government crop data due on Friday and as warmer, drier US weather was seen boosting recently planted crops, traders said. C
Published 29 Jun, 2019 12:00am
Nearly 100 dead in northwest Syria fighting

Nearly 100 dead in northwest Syria fighting

Nearly 100 combatants were killed on Friday in clashes between fighters loyal to Syria's government, rebels and jihadists in northwestern Syria, a war monitor said. Starting at dawn on Friday morning - and after bombing by the regime - fighting in norther
Published 29 Jun, 2019 12:00am
Syria aid rigged, donors and aid agencies risk abetting abuse: HRW

Syria aid rigged, donors and aid agencies risk abetting abuse: HRW

The Syrian regime is co-opting aid and reconstruction assistance, Human Rights Watch said Friday, warning humanitarian players that they risked complicity in human rights abuses. Eight years after the start of the civil war, President Bashar al-Assad's fo
Published 29 Jun, 2019 12:00am
Hopes of EU deal as Sea-Watch captain fears for migrants

Hopes of EU deal as Sea-Watch captain fears for migrants

Five European countries have agreed to take in dozens of migrants saved by the Sea-Watch charity ship, Italy said Friday, signalling the end of a lengthy stand off which the ship's captain described as "incredibly tense".
Published 29 Jun, 2019 12:00am
US sanctions son of Maduro

US sanctions son of Maduro

The United States imposed sanctions Friday on the son of Venezuelan President Nicolas Maduro for serving in his father's "illegitimate regime."
Published 29 Jun, 2019 12:00am
US sanctions son of Maduro

US sanctions son of Maduro

The United States imposed sanctions Friday on the son of Venezuelan President Nicolas Maduro for serving in his father's "illegitimate regime."
Published 29 Jun, 2019 12:00am
Turkmenistan opens $1.7 billion gas-to-liquids plant

Turkmenistan opens $1.7 billion gas-to-liquids plant

Turkmenistan on Friday opened a $1.7 billion gas-to-liquids plant as it seeks to monetise vast but idle gas reserves amid an economic crunch. The isolated Central Asian country holds the world's fourth-largest natural gas reserves and has in recent years
Published 29 Jun, 2019 12:00am
Merkel 'active', 'healthy' after fresh trembling spell

Merkel 'active', 'healthy' after fresh trembling spell

The German government insisted Friday that Chancellor Angela Merkel was in robust health, after a second episode of uncontrolled shaking sparked concerns about the wellbeing of the EU's longest-serving leader. Asked about how Merkel, who is in Japan for a
Published 29 Jun, 2019 12:00am
Chinese military gets Hong Kong harbour dock, despite tensions

Chinese military gets Hong Kong harbour dock, despite tensions

The Chinese military received official ownership of a piece of prime Hong Kong waterfront land on Saturday, even as the city is rocked by anti-Beijing protests just days before the anniversary of its return to China. Huge rallies have shaken the semi-auto
Published 29 Jun, 2019 12:00am
China stocks falter ahead of Trump-Xi meet; clock monthly gain
Exchange

China stocks falter ahead of Trump-Xi meet; clock monthly gain

China stocks edged down on Friday and ended lower for the week, as Beijing and Washington talked tough on trade issues before the widely-watched meeting between U.S and China presidents this weekend at the G20 summit. Uncertainty over whether the talks wo
Published 29 Jun, 2019 12:00am
Nikkei retreats

Nikkei retreats

Tokyo stocks fell on Friday as investors turned cautious ahead of much awaited talks between US and Chinese leaders on the sidelines of the G20 summit in Japan, with cyclical shares retreating before the weekend. The benchmark Nikkei average dropped 0.3%
Published 29 Jun, 2019 12:00am
S&P 500 rises on investor optimism ahead of G20 summit
Exchange

S&P 500 rises on investor optimism ahead of G20 summit

The S&P 500 and the Nasdaq closed higher in a broad-based rally on Thursday as investors looked to the G20 summit in Osaka, Japan this weekend for progress in the long-running US-China trade dispute, which has whipsawed markets for months. The benchmark S
Published 29 Jun, 2019 12:00am
Australian shares down; New Zealand higher

Australian shares down; New Zealand higher

Australian shares on Friday fell on the quarter's last day, pulled down by mining and energy stocks, as investors awaited the Saturday meeting in Japan between the US and China presidents. A mix of reports about the possible outcome of the Donald Trump-Xi
Published 29 Jun, 2019 12:00am
Treasury yields fall on US-China trade deal concerns

Treasury yields fall on US-China trade deal concerns

US Treasury yields fell on Thursday on concerns that trade discussions between the United States and China on Saturday may be more complicated than previously expected, boosting demand for safe-haven debt. Yields rose overnight after the South China Morni
Published 29 Jun, 2019 12:00am
Treasury yields fall on US-China trade deal concerns

Treasury yields fall on US-China trade deal concerns

US Treasury yields fell on Thursday on concerns that trade discussions between the United States and China on Saturday may be more complicated than previously expected, boosting demand for safe-haven debt. Yields rose overnight after the South China Morni
Published 29 Jun, 2019 12:00am
India shares tumble

India shares tumble

Indian shares ended in the red on Friday, pulled lower by financials like Yes Bank Ltd and Indiabulls Housing Finance Ltd, ahead of a key trade meeting between US President Donald Trump and Prime Minister Narendra Modi. The benchmark BSE index closed down
Published 29 Jun, 2019 12:00am
VW trucks division Traton coasts on launch

VW trucks division Traton coasts on launch

German auto giant Volkswagen offered part of its heavy trucks division Traton on the stock market Friday as it looks to raise fresh capital, in what could be the first step towards reshaping the sprawling 12-brand group. Stock in the unit, which is not li
Published 29 Jun, 2019 12:00am
VW trucks division Traton coasts on launch

VW trucks division Traton coasts on launch

German auto giant Volkswagen offered part of its heavy trucks division Traton on the stock market Friday as it looks to raise fresh capital, in what could be the first step towards reshaping the sprawling 12-brand group. Stock in the unit, which is not li
Published 29 Jun, 2019 12:00am
European shares notch best first-half gain in two decades

European shares notch best first-half gain in two decades

A surge in German shares helped European equities mark their best first-half performance in over two decades on Friday, with investors awaiting the outcome of U.S-China trade talks to see if the rally can continue. The pan-European STOXX 600 closed up 0.7
Published 29 Jun, 2019 12:00am
Southeast Asian markets subdued in thin trade

Southeast Asian markets subdued in thin trade

Most Southeast Asian stock markets ended flat on Friday in lacklustre trade, as investors held off taking fresh positions on the last trading day of the quarter and ahead of a crucial meeting between the leaders of the United States and China. US Presiden
Published 29 Jun, 2019 12:00am
Housebuilders lead FTSE rise, buyout offer helps Merlin soar

Housebuilders lead FTSE rise, buyout offer helps Merlin soar

A report that prime minister front-runner Boris Johnson would slash stamp duty and taxes drove gains in housebuilders and lifted London's main index on Friday, while Madame Tussauds owner Merlin surged after a buyout offer. The FTSE 100 rose 0.2%, while t
Published 29 Jun, 2019 12:00am
Design chief departure adds to uncertainty at Apple

Design chief departure adds to uncertainty at Apple

The departure of chief designer Jony Ive adds to uncertainty at Apple as the California tech giant shifts into new segments like services and streaming media amid a slowdown in sales of the hugely profitable iPhone.
Published 29 Jun, 2019 12:00am
Nord Stream 2 'past point of no return': Gazprom

Nord Stream 2 'past point of no return': Gazprom

The controversial Nord Stream 2 pipeline set to supply Europe with Russian gas via the Baltic is "past the point of no return" despite obstacles including the threat of US sanctions, the head of Gazprom said Friday. "We are working from the idea that Nord
Published 29 Jun, 2019 12:00am
Lebanon reforms on sound path but must not stop: WB

Lebanon reforms on sound path but must not stop: WB

Lebanon has taken a sound path with reforms in its 2019 draft budget and power sector but it will have to keep going, World Bank MENA vice president Ferid Belhaj said on Friday in Beirut. The bank and other donors helped arrange pledges of $11 billion in
Published 29 Jun, 2019 12:00am
France sinks deeper into debt

France sinks deeper into debt

France has slipped further into the red, the national statistics bureau said on Friday, only days after the country's public auditor warned of "worrying" debt levels.
Published 29 Jun, 2019 12:00am
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