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Print - 2019-10-16
The Weather
General News

The Weather

The weather report on Tuesday (October 15, 2019) and the forecast for Wednesday (October 16, 2019).

Published 16 Oct, 2019 12:00am
Bullion Rates
Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (October 15, 2019).

Published 16 Oct, 2019 12:00am
Cotton Spot Rates
Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (October 15, 2019).

Published 16 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 Tuesday (October 15, 2019).

Published 16 Oct, 2019 12:00am
Shipping Intelligence
Schedules

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (October 15, 2019).

Published 16 Oct, 2019 12:00am
THE RUPEE: Steady trend

THE RUPEE: Steady trend

Stable trend was witnessed on the currency market on Tuesday as the rupee managed to hold almost overnight levels against the dollar in the process of trading activity, dealers said.
Updated 16 Oct, 2019 06:16am
BOARD MEETINGS
Stocks

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Updated 16 Oct, 2019 06:39am
Spot dollar rates
Rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (October 15, 2019).

Published 16 Oct, 2019 12:00am
Money Market Report
Rates

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (October 15, 2019).
Published 16 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 Tuesday (October 15, 2019).

Published 16 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 Tuesday (October 15, 2019).

Published 16 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 16 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 16 Oct, 2019 12:00am
New York cotton
Cotton & Textile

New York cotton

The following were the fluctuations observed during the day:

Updated 16 Oct, 2019 06:34am
New York cotton
Rates

New York cotton

The following were the fluctuations observed during the day:

Published 16 Oct, 2019 12:00am
Nikkei hits 5-1/2-month high
Stocks

Nikkei hits 5-1/2-month high

Japan's Nikkei share average rose nearly 2% on Tuesday to its highest since late April, in a delayed response to a potential US-China trade deal outlined by President Donald Trump last week.
Updated 16 Oct, 2019 06:34am
US stocks pause on unsettled trade deal; earnings eyed
Stocks

US stocks pause on unsettled trade deal; earnings eyed

Wall Street edged lower on Monday as uncertainties following recent US-China trade negotiations clouded sentiment and investors turned their focus on the third-quarter earnings season, which begins in earnest on Tuesday.
Updated 16 Oct, 2019 06:57am
Most SE Asian stocks lower
Stocks

Most SE Asian stocks lower

Most Southeast Asian stock markets ended lower on Tuesday, with Philippines falling the most, as optimism over a Sino-US trade deal faded after Chinese demanded further talks, while investors also sought more details on the partial deal struck last week.
Updated 16 Oct, 2019 06:43am
Eurozone bonds sell off
Money & Banking

Eurozone bonds sell off

Eurozone government bonds sold off on Tuesday after a news report that UK and EU negotiators were close to a draft deal on Brexit boosted investors' risk appetite.
Updated 16 Oct, 2019 06:43am
Eurozone bonds sell off
Stocks

Eurozone bonds sell off

Eurozone government bonds sold off on Tuesday after a news report that UK and EU negotiators were close to a draft deal on Brexit boosted investors' risk appetite.
Updated 16 Oct, 2019 06:43am
Indian shares up
Stocks

Indian shares up

Indian shares ended higher on Tuesday, led by auto sectors, as investors hoped for further rate cuts from the country's central bank amid a rise in retail inflation during the last month.
Updated 16 Oct, 2019 06:44am
China stocks snap five-day rally
Stocks

China stocks snap five-day rally

China stocks fell on Tuesday, snapping a five-day winning streak, as the latest factory gate data added to the country's economic woes and a deal to end the trade war with the United States remained elusive.
Updated 16 Oct, 2019 06:51am
European shares jump as hopes of Brexit deal grow
Stocks

European shares jump as hopes of Brexit deal grow

European stocks rose to their highest in nearly three months on Tuesday, with Irish stocks soaring almost 3%, after a news report said negotiators were on the verge of a deal that would avoid Britain crashing out of the European Union.
Updated 16 Oct, 2019 06:51am
Australian, NZ shares up
Stocks

Australian, NZ shares up

Australian shares managed only modest gains on Tuesday, with sentiment hurt by concerns over a slowdown in top consumer China and declines in miners.
Updated 16 Oct, 2019 06:51am
British mid-caps rise on hopes of Brexit deal
Stocks

British mid-caps rise on hopes of Brexit deal

Britain's domestically focussed mid-cap index advanced on Tuesday amid hopes that a Brexit deal could be clinched this week, though gains were capped by steep falls in the shares of a slew of companies as the latest earnings season kicked off.
Updated 16 Oct, 2019 06:50am
EU cuts 2020 cod quotas for the Baltic

EU cuts 2020 cod quotas for the Baltic

EU quotas for cod in the Baltic will be cut next year to try to shore up dangerously dwindling stocks, according to an agreement by fishing ministers published Tuesday. Finland's minister Jari Leppa, whose country holds the rotating EU presidency, hailed
Published 16 Oct, 2019 12:00am
Putin talks investments and space in Abu Dhabi
Global Business Economy

Putin talks investments and space in Abu Dhabi

Russian President Vladimir Putin signed deals worth over $1.3 billion with the United Arab Emirates on Tuesday, wrapping up a tour of the Gulf where he also courted investment in Saudi Arabia. A day after inking a major oil cooperation deal with Riyadh, P
Updated 16 Oct, 2019 05:54am
China sees 'no difference' with US on trade deal
Global Business Economy

China sees 'no difference' with US on trade deal

China said Tuesday there was "no difference" with the United States on reaching a trade agreement, amid scepticism over what US President Donald Trump has called a "substantial phase one" deal. On Friday, Trump said after talks in Washington with Vice Pre
Updated 16 Oct, 2019 05:54am
Thomas Cook bosses, MPs clash over travel group collapse
Global Business Economy

Thomas Cook bosses, MPs clash over travel group collapse

Thomas Cook bosses, grilled Tuesday by MPs, apologised for the bankruptcy of the travel company while defending performances, as the UK's biggest union attacked the government over its role. "I'm deeply sorry about this failure and I'm deeply sorry for th
Updated 16 Oct, 2019 05:54am
US banks report mixed earnings
Money & Banking

US banks report mixed earnings

Large US banks reported mixed quarterly results on Tuesday, challenged by a shifting interest rate landscape and uncertainty about global trade but bolstered in some cases by strong consumer activity. The biggest US bank by assets, JPMorgan Chase, scored
Updated 16 Oct, 2019 07:35am
Ukraine qualify for Euro 2020 despite Ronaldo's 700th goal
Other

Ukraine qualify for Euro 2020 despite Ronaldo's 700th goal

Ukraine beat Portugal 2-1 on Monday to clinch a place at Euro 2020 despite Cristiano Ronaldo scoring his 700th career goal. Roman Yaremchuk and Andriy Yarmolenko put Ukraine two goals up after 27 minutes. Although Ronaldo scored his landmark goal from the
Updated 16 Oct, 2019 05:21am
Boundary countback scrapped as Super Over rules changed
Other

Boundary countback scrapped as Super Over rules changed

Cricket chiefs have announced changes to the Super Over regulations, ending the use of boundary countback to decide knockout games following England's victory over New Zealand in the men's World Cup final.
Updated 16 Oct, 2019 05:18am
MPCL donates ambulance to PSB
Other

MPCL donates ambulance to PSB

Mari Petroleum Company LTD (MPCL), in an impressive ceremony held at its Head office on Tuesday, handed over a fully equipped ambulance to Pakistan Sports Board (PSB).
Published 16 Oct, 2019 12:00am
Saudi Arabia, Palestine draw in landmark West Bank game
Other

Saudi Arabia, Palestine draw in landmark West Bank game

Saudi Arabia's football team played Palestine in the occupied West Bank for the first time Tuesday, having previously refused to enter the territory as part of its boycott of Israel.
Updated 16 Oct, 2019 05:18am
Dollar rises against yen in Asia
Money & Banking

Dollar rises against yen in Asia

The dollar hovered below 2-1/2-month highs against the yen on Tuesday, failing to extend recent gains as optimism over trade negotiations between the world's two largest economies and for an orderly British exit from the European Union started to fade.
Updated 16 Oct, 2019 07:35am
Dollar, Swiss franc and yen up in New York
Money & Banking

Dollar, Swiss franc and yen up in New York

The US dollar rose on Monday, after two days of losses, attracting safe-haven bids, as optimism waned about a trade deal between the United States and China, and investors fretted about the ongoing twists and turns on Britain's exit from the European Unio
Updated 16 Oct, 2019 07:08am
Libra announces board as support shrinks further
Money & Banking

Libra announces board as support shrinks further

Backers of Facebook Inc's Libra cryptocurrency project pledged to forge ahead after selecting a five-member board on Monday, shrugging off the latest member defection by online travel company Booking Holding earlier in the day.
Updated 16 Oct, 2019 07:10am
Sri Lankan rupee weakens
Money & Banking

Sri Lankan rupee weakens

Sri Lankan rupee ended weaker on Tuesday. The rupee was 0.49% weaker at 181.85/95 per dollar, compared with Monday's close of 180.90/181.10. The currency is up 0.41% so far this year.
Updated 16 Oct, 2019 07:10am
Most Asian currencies drop
Money & Banking

Most Asian currencies drop

Most Asian currencies edged lower on Tuesday, paring gains from the previous session as earlier optimism about a breakthrough in US-China trade negotiations waned on reports a deal was not yet finalised.
Updated 16 Oct, 2019 07:11am
Sterling jumps to highest since May
Money & Banking

Sterling jumps to highest since May

Sterling surged on Tuesday to its highest level against the dollar and the euro since May while British stocks and government bond yields also rose after Bloomberg said British and EU negotiators were closing in on a draft Brexit deal.
Updated 16 Oct, 2019 07:11am
Aussie, kiwi struggle
Money & Banking

Aussie, kiwi struggle

The Australian and New Zealand dollars struggled for traction on Tuesday as investors wondered what, if any, progress was being made in Sino-US trade talks, while Australian policy makers again signalled they were ready to cut rates if needed.
Updated 16 Oct, 2019 07:11am
CBOT corn futures lower

CBOT corn futures lower

Chicago Board of Trade corn futures closed steady to modestly lower on Monday, with the benchmark December contract ending unchanged in a consolidation after reaching a two-month high. CBOT December corn settled flat at $3.97-3/4 a bushel after touching $
Published 16 Oct, 2019 12:00am
CBOT soyabean futures up

CBOT soyabean futures up

Chicago Board of Trade soyabean futures closed modestly higher on Monday, with the bellwether November contract nearing a four-month top on fears that wintry weather over the weekend threatened Midwest production at a time of tightening US soya supplies.
Published 16 Oct, 2019 12:00am
PMEX daily trading report

PMEX daily trading report

On Monday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,126. The traded value of Metals, Energy and COTS/FX was recorded at PKR 3.870 billion and the numbers of lots traded were 6,353. Major business was contributed by Gold amo
Published 16 Oct, 2019 12:00am
Russian wheat prices rise with high demand

Russian wheat prices rise with high demand

Export prices for Russian wheat rose last week as strong demand and growth in global benchmarks in Chicago outpaced improving prospects for this year's crop, analysts said on Monday. Egypt's state grains buyer GASC bought 180,000 tonnes of Russian wheat a
Published 16 Oct, 2019 12:00am
US natural gas futures rise from six-week low
Energy

US natural gas futures rise from six-week low

US natural gas futures on Monday rose from a six-week low last week as an increase in liquefied natural gas (LNG) exports was expected to boost demand this week. That price move came despite forecasts for lower than previously expected demand next week du
Updated 16 Oct, 2019 07:58am
Activities at Karachi and Qasim Ports
Business & Economy

Activities at Karachi and Qasim Ports

The Karachi Port handled 74,010 tonnes of cargo comprising 62,690 tonnes of import cargo and 11,320 tonnes of export cargo including 1,870 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday. The total import cargos of 62,
Published 16 Oct, 2019 12:00am
Cotton prices gain momentum on brisk activity
Cotton & Textile

Cotton prices gain momentum on brisk activity

Prices gained momentum on the local cotton market on Tuesday owing to brisk trading activity, dealers said. The official spot rate was unchanged at Rs 8850, they added. In ready session, over 22,000 bales of cotton changed hands between Rs 7800-9100, they
Updated 16 Oct, 2019 07:56am
EU wheat futures slightly higher

EU wheat futures slightly higher

Euronext wheat futures closed slightly higher on Monday, supported by healthy export demand in France, but were below an earlier 2-1/2 month high as optimism over US-China talks ebbed. Benchmark December milling wheat on Paris-based Euronext settled 0.25
Published 16 Oct, 2019 12:00am
Seven dead in Afghan helicopter crash
General News

Seven dead in Afghan helicopter crash

At least seven Afghan military personnel were killed when the helicopter they were travelling in crashed in the northern Afghanistan province of Balkh on Tuesday, officials said.
Published 16 Oct, 2019 12:00am