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Print - 2019-10-12
The Weather
General News

The Weather

The weather report on Friday (October 11, 2019) and the forecast for Saturday (October 12, 2019).

Updated 12 Oct, 2019 05:25am
Bullion Rates
Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (October 11, 2019).

Published 12 Oct, 2019 12:00am
Cotton Spot Rates
Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (October 11, 2019).

Published 12 Oct, 2019 12:00am
Pakistan Mercantile Exchange - PMEX
Rates

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Friday (October 11, 2019).

Published 12 Oct, 2019 12:00am
THE RUPEE: Upward trend
Money & Banking

THE RUPEE: Upward trend

The rupee maintained its surge against the dollar on the money market on Friday in the process of trading activity, dealers said.
Published 12 Oct, 2019 12:00am
Member to Member
Stocks

Member to Member

The following transactions member to member subsequently reported on Friday (October 11, 2019).

Published 12 Oct, 2019 12:00am
BOARD MEETINGS
Stocks

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 12 Oct, 2019 12:00am
Spot dollar rates
Rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (October 11, 2019).

Published 12 Oct, 2019 12:00am
Money Market Report
Rates

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (October 11, 2019).
Published 12 Oct, 2019 12:00am
Bill buying rates per unit of currency
Rates

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Friday (October 11, 2019).

Published 12 Oct, 2019 12:00am
Currency notes: exchange rates
Rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (October 11, 2019).

Published 12 Oct, 2019 12:00am
Barclays bid rates and maximum rates for payment of interest
Rates

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 12 Oct, 2019 12:00am
State Bank of Pakistan conversion rates
Rates

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 12 Oct, 2019 12:00am
New York cotton
Cotton & Textile

New York cotton

The following were the fluctuations observed during the day:

Published 12 Oct, 2019 12:00am
The Developers & Operators of Gwadar Port & Gwadar Free Zone

The Developers & Operators of Gwadar Port & Gwadar Free Zone

Gwadar Port Authority (GPA) and China Overseas Ports Holding Company Pakistan (Pvt.) Ltd. (COPHC) expresses the sincere gratitude to the supreme leadership of the Islamic Republic of Pakistan, Honorable President Dr. Arif Alvi, Prime Minister Imran Khan,
Published 12 Oct, 2019 12:00am
PMEX daily trading report

PMEX daily trading report

On Thursday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,128. The traded value of Metals, Energy and COTS/FX was recorded at PKR 5.342 billion and the numbers of lots traded were 7,972. Major business was contributed by Gold a
Published 12 Oct, 2019 12:00am
CBOT corn futures fall

CBOT corn futures fall

Chicago Board of Trade corn futures fell on Thursday, with the benchmark December contract sliding more than 3% after the US Department of Agriculture surprised traders by raising its estimate of the US 2019 corn yield. CBOT December corn settled down 14
Published 12 Oct, 2019 12:00am
Asia's naphtha crack hits one year high
Energy

Asia's naphtha crack hits one year high

Asia's naphtha crack hit a one-year high of $92 a tonne on Thursday while timespread and spot premiums were at more than 6-year highs as a supply crunch deepened. The inter-month timespread, the price difference between the second-half of November and the
Published 12 Oct, 2019 12:00am
EU wheat futures lower after two-month high

EU wheat futures lower after two-month high

Euronext wheat futures edged lower on Thursday, consolidating below a two-month high struck a day earlier as traders waited for fresh direction from US government crop forecasts. Grain markets are bracing for the US Department of Agriculture's October cro
Published 12 Oct, 2019 12:00am
US natural gas futures slip to six-week low
Energy

US natural gas futures slip to six-week low

US natural gas futures slipped to a six-week low on Thursday following the release of a report showing a bigger than usual storage build last week. The US Energy Information Administration (EIA) said utilities added 98 billion cubic feet (bcf) of gas to s
Published 12 Oct, 2019 12:00am
Activities at Karachi and Qasim Ports
Business & Economy

Activities at Karachi and Qasim Ports

The Karachi Port handled 184,488 tonnes of cargo comprising 137,166 tonnes of import cargo and 47,322 tonnes of export cargo including 6,295 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargos of 13
Published 12 Oct, 2019 12:00am
Steady trend seen on cotton market
Cotton & Textile

Steady trend seen on cotton market

Steady trend was witnessed on the cotton market on Friday in the process of the improved trading activity, dealers said. The official spot rate was unchanged at Rs 8750, they added. In ready session, over 14,000 bales of cotton changed hands between Rs 80
Published 12 Oct, 2019 12:00am
China's iron ore futures bounce hitting three-week high

China's iron ore futures bounce hitting three-week high

China's iron ore futures bounced back on Thursday, hitting a three-week high, on hopes that talks between China and the United States would result in settlement of some disputes. The most-traded iron ore contract on the Dalian Commodity Exchange, for Janu
Published 12 Oct, 2019 12:00am
LHC dismisses Meesha Shafi's plea
General News

LHC dismisses Meesha Shafi's plea

The Lahore High Court on Friday dismissed petition of singer Meesha Shafi against dismissal of her complaint by Punjab ombudsperson and the governor against actor Ali Zafar on sexual harassment charges. Ms Shafi through a counsel had pleaded that the ombu
Published 12 Oct, 2019 12:00am
NICVD to resume LVAD transplants
General News

NICVD to resume LVAD transplants

The National Institute of Cardiovascular Diseases (NICVD) on Thursday said they were going to resume their Left Ventricle Assist Device (LVAD) insertion program shortly after training of their technicians, paramedics and nursing staff for the 'post-operat
Published 12 Oct, 2019 12:00am
'Mucca&Rustom Cowasjee Emergency Wing'
General News

'Mucca&Rustom Cowasjee Emergency Wing'

The newly reconstructed and remodeled 'Mucca&Rustom Cowasjee Emergency Wing' at The Kidney Centre boasts a state-of-the-art ER. Operational round the clock with thirteen beds, the ER has the latest high tech equipment, including six dialysis machines, an
Published 12 Oct, 2019 12:00am
Fire breaks out in Sindh Secretariat
General News

Fire breaks out in Sindh Secretariat

Fire on Friday erupted in legal department of Sindh Secretariat, reducing the official documents and other valuables to ash, rescue services said. The legal department of the Sindh government situated at the second floor of the Soon after the fire, the fi
Updated 12 Oct, 2019 09:10am
SECP registers 96pc companies online in September
Stocks

SECP registers 96pc companies online in September

Digital solutions deployed by the Securities and Exchange Commission of Pakistan (SECP) made companies registration and post incorporation compliance simple, faster and cost effective. In September 2019, 96% of companies registered online through SECP's e
Published 12 Oct, 2019 12:00am
389,071 students benefited from MoITT's projects, workshops
General News

389,071 students benefited from MoITT's projects, workshops

Around 389,071 students have benefited from various projects, workshops, trainings and startups under the Ministry of Information Technology and Telecommunication during the last one year. The ministry released this data here on Friday where the performan
Published 12 Oct, 2019 12:00am
China stocks have best week in five
Stocks

China stocks have best week in five

China stocks rose on Friday to end the four-session week higher, as investors cheered signs of progress in the ongoing US-China trade talks. The blue-chip CSI300 index rose 1.0%, to 3,911.73, while the Shanghai Composite Index closed up 0.9% at 2,973.66.
Published 12 Oct, 2019 12:00am
Indian stocks up
Stocks

Indian stocks up

Indian shares closed higher on Friday as optimism over US-China trade negotiations whetted investor appetite for riskier assets. Software services company Infosys Ltd reported a slight dip in its September-quarter results. Rival Tata Consultancy Services
Published 12 Oct, 2019 12:00am
Japanese stocks rise to 1-1/2-week high
Stocks

Japanese stocks rise to 1-1/2-week high

The Nikkei's benchmark index struck its highest in over a week on Friday as the safe-haven yen eased on hopes of progress in US-China trade talks, and Seven & I Holdings, Japan's largest convenience store operator, gained sharply on restructuring plans.
Published 12 Oct, 2019 12:00am
US indexes climb on fresh hopes for trade deal
Stocks

US indexes climb on fresh hopes for trade deal

US stocks rose on Thursday on hopes that top-level US-China trade talks would yield at least a partial deal, while a jump in Apple's shares also boosted the market. Top US and Chinese negotiators met on Thursday for the first time since late July to try t
Published 12 Oct, 2019 12:00am
Sri Lankan stocks climb
Stocks

Sri Lankan stocks climb

Sri Lankan stocks rose for the sixth straight session on Friday to hit their five-week high led by banking and beverage shares, but foreign investors exited from risky assets with the start of presidential poll campaigning. The rupee currency ended weaker
Published 12 Oct, 2019 12:00am
Treasury yields move higher
Stocks

Treasury yields move higher

Treasury yields rose Thursday on optimism for a resolution to the US-China trade war as the two countries began a new round of negotiations in Washington, alleviating some worries over slowing economic growth. Top US and Chinese officials met on Thursday
Published 12 Oct, 2019 12:00am
Australian, New Zealand shares jump
Stocks

Australian, New Zealand shares jump

Australian shares ended higher on Friday, notching their best weekly gain since late August, as encouraging signs from US-China trade talks stirred hopes that a trade deal may be reached. The S&P/ASX 200 index firmed 0.9% or 59.7 points to 6,606.8.
Published 12 Oct, 2019 12:00am
European shares soar on rising hopes of Brexit, trade deal
Stocks

European shares soar on rising hopes of Brexit, trade deal

European shares were on a tear on Friday as a surprise breakthrough in Brexit negotiations drove UK-focused London-listed companies and the Irish index about 4% higher, while German shares logged their best day in nine months. London-listed companies with
Published 12 Oct, 2019 12:00am
HK stocks post weekly gains
Stocks

HK stocks post weekly gains

Hong Kong stocks staged a strong rally on Friday to end the week higher, bolstered by signs of progress in the two-day Sino-US trade negotiations. The Hang Seng index ended up 2.3% at 26,308.44, while the China Enterprises Index gained 2.3% to 10,452.58 p
Published 12 Oct, 2019 12:00am
SE Asian markets end higher
Stocks

SE Asian markets end higher

Southeast Asian stock markets ended higher on Friday as risk sentiment was boosted by signs of progress in China-US trade talks.
Published 12 Oct, 2019 12:00am
Amid Brexit deal hopes, UK Plc outshines FTSE 100
Stocks

Amid Brexit deal hopes, UK Plc outshines FTSE 100

Hopes that Britain will seal a Brexit deal saw unloved London-listed companies with exposure to the domestic economy rise more than blue-chip stocks on Friday, for the first time since May, in a major reversal of fortunes. JP Morgan's UK domestic plays in
Published 12 Oct, 2019 12:00am
Brexit deal hysteria sparks dramatic gains for UK stocks
Stocks

Brexit deal hysteria sparks dramatic gains for UK stocks

London-listed companies with exposure to the domestic economy soared on Friday for their best day in nearly a decade as hopes that Britain can seal a Brexit deal triggered explosive gains and a major reversal of fortunes for the much-shunned UK market.
Published 12 Oct, 2019 12:00am
Dyson quits race to make electric cars
Global Business Economy

Dyson quits race to make electric cars

British inventor James Dyson has dropped out of the race to produce electric cars in the face of stiff competition and after criticism of the Brexit-backing billionaire's decision to build the vehicle in Singapore.
Updated 14 Oct, 2019 11:43am
CEO of SAP steps down
IT & Computers

CEO of SAP steps down

Bill McDermott, the American chief executive of massive German business software maker SAP, will quit after a decade in charge, the company said in a surprise statement Friday. McDermott "has decided not to renew his contract and is stepping down from his
Updated 14 Oct, 2019 07:14am
India's industrial output shrinks at fastest rate in over six years
Global Business Economy

India's industrial output shrinks at fastest rate in over six years

India's industrial output shrank at its fastest rate in more than six years in August, reflecting the impact of an economic slowdown that could prompt the central bank to cut its key policy rate for the sixth time in December.
Updated 14 Oct, 2019 11:41am
UN calls for greater heat protection for workers in Qatar
Global Business Economy

UN calls for greater heat protection for workers in Qatar

Improved safeguards and working hours are needed to protect labourers in Qatar from the effects of heat and humidity, the United Nations said Friday, as it published new research.
Updated 14 Oct, 2019 11:39am
Gare du Nord, Europe's busiest station, may get bigger
Global Business Economy

Gare du Nord, Europe's busiest station, may get bigger

Europe's busiest train station, Paris' bustling Gare du Nord, may get a much-needed facelift after a government tribunal Friday approved part of a 600-million-euro ($663-million) plan to enlarge and modernise the 155-year-old edifice.
Updated 14 Oct, 2019 11:43am
Deal struck to save London red bus maker
Global Business Economy

Deal struck to save London red bus maker

A deal has been brokered to save the manufacturers of London's iconic red double decker buses from liquidation, the firm's owner said Friday. "Following intensive overnight negotiations between the two parties agreement has been reached in principle over
Updated 14 Oct, 2019 11:43am
Canada reports strong job growth
Global Business Economy

Canada reports strong job growth

Canada reported strong employment figures Friday with its general election just 10 days away. The economy created 54,000 jobs in September and the unemployment rate dropped 0.2 point to 5.5 percent, Statistics Canada said.
Updated 14 Oct, 2019 11:43am