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Print - 2019-10-17
The Weather
General News

The Weather

The weather report on Wednesday (October 16, 2019) and the forecast for Thursday (October 17, 2019).

Published 17 Oct, 2019 12:00am
Bullion Rates
Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (October 16, 2019).

Published 17 Oct, 2019 12:00am
Cotton Spot Rates
Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (October 16, 2019).

Published 17 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 Wednesday (October 16, 2019).

Published 17 Oct, 2019 12:00am
Shipping Intelligence
Schedules

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (October 16, 2019).

Published 17 Oct, 2019 12:00am
THE RUPEE: Minor changes
Money & Banking

THE RUPEE: Minor changes

The rupee picked up slightly against the dollar on the local money market on Wednesday in the process of trading activity, dealers said.
Updated 17 Oct, 2019 06:06am
THE RUPEE: Minor changes

THE RUPEE: Minor changes

The rupee picked up slightly against the dollar on the local money market on Wednesday in the process of trading activity, dealers said.
Updated 17 Oct, 2019 06:02am
BOARD MEETINGS
Stocks

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Updated 17 Oct, 2019 06:44am
Spot dollar rates
Rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (October 16, 2019).

Published 17 Oct, 2019 12:00am
Money Market Report
Rates

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (October 16, 2019).
Published 17 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 Wednesday (October 16, 2019).

Published 17 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 Wednesday (October 16, 2019).

Published 17 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 17 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 17 Oct, 2019 12:00am
New York cotton
Cotton & Textile

New York cotton

The following were the fluctuations observed during the day:

Updated 17 Oct, 2019 07:42am
Copper dips as trade battle seen harming global growth

Copper dips as trade battle seen harming global growth

Copper fell to a one-week low on Wednesday on rising concerns about the health of the global economy as the US-China trade row showed no signs of abating, weighing on demand for metals.
Published 17 Oct, 2019 12:00am
Oil rises 1 percent on hopes OPEC will extend supply cuts
Energy

Oil rises 1 percent on hopes OPEC will extend supply cuts

Oil rose about 1.4% on Wednesday, gaining support due to signs that OPEC and allied producers will continue to curb supplies in December, a weaker US dollar and as traders covered short positions ahead of an industry report on US crude inventories. Brent
Updated 17 Oct, 2019 07:50am
Tokyo rubber falls

Tokyo rubber falls

Tokyo Commodity Exchange (TOCOM) futures fell after early gains on Wednesday, amid lingering worries over slowing global economic growth and sluggish demand in China's auto market.
Published 17 Oct, 2019 12:00am
Malaysian palm oil rises

Malaysian palm oil rises

Malaysian palm oil futures rose over 1.5% on Wednesday after the government said it will import more products from top palm buyer India in a bid to mend relations following a row over Kashmir.
Published 17 Oct, 2019 12:00am
Argentine wheat crop estimate cut to 19.8m tonnes

Argentine wheat crop estimate cut to 19.8m tonnes

Argentina's 2019/20 wheat harvest is expected at 19.8 million tonnes, the Buenos Aires Grains Exchange said in its weekly crop report on Thursday, citing bad weather as the reason for cutting its previous 21 million-tonne forecast.
Published 17 Oct, 2019 12:00am
Gold slips in New York

Gold slips in New York

Gold fell 1% on Tuesday as growing risk appetite boosted investor demand for equities, while a sustained supply crunch in palladium propelled the price of that precious metal to a record high. Spot gold fell 0.8% to $1,481.40 per ounce as of 2:35 p.m. EDT
Published 17 Oct, 2019 12:00am
Gold inches up in Asia

Gold inches up in Asia

Gold prices edged higher on Wednesday after shedding nearly 1% in the previous session, on uncertainties surrounding Britain's negotiations to leave the European Union, while a risk-on sentiment capped the bullion's gains.
Published 17 Oct, 2019 12:00am
Gold rises in Europe

Gold rises in Europe

Gold rose on Wednesday on concerns that Washington's stance on Hong Kong could hamper trade negotiations with Beijing and as investors awaited a key Brexit summit, but bullion's gains were dwarfed by deficit-hit palladium as it smashed new records.
Published 17 Oct, 2019 12:00am
US MIDDAY: Corn, soya futures sag

US MIDDAY: Corn, soya futures sag

US corn and soyabean futures fell on Wednesday on uncertainty surrounding US-China trade talks, along with pressure from the expanding Midwest harvest, analysts said.
Published 17 Oct, 2019 12:00am
US MIDDAY: Gold climbs

US MIDDAY: Gold climbs

Gold rose on Wednesday on concerns that Washington's stance on Hong Kong could hamper trade negotiations between the United States and China and as investors awaited a key Brexit summit, but bullion's gains were overshadowed by deficit-hit palladium as it
Published 17 Oct, 2019 12:00am
US CG meets Saeed Ghani
General News

US CG meets Saeed Ghani

Sindh Minister for Information & Archives and Labour Saeed Ghani has said that the Sindh government had started necessary working on social security universalization to ensure the provision of maximum facilities to the workers and labourers working in dif
Published 17 Oct, 2019 12:00am
ARVs provided to three hospitals: Wasim
General News

ARVs provided to three hospitals: Wasim

As dog-bite incidents are increasingly taking place in the metropolis, Karachi Mayor Wasim Akhtar on Wednesday said that anti-rabies medicines and vaccines have been provided to three KMC-run hospitals.
Published 17 Oct, 2019 12:00am
Malaysian envoy for broadening scope of business ties
Business & Economy

Malaysian envoy for broadening scope of business ties

Consul General of Malaysia Khairul Nazran Abd Rahman has said that the business communities of Pakistan and Malaysia must hold regular interactions in order to fully utilise and benefit from the existing Free Trade Agreement (FTA) which would certainly im
Published 17 Oct, 2019 12:00am
Australian shares gain for 5th day
Stocks

Australian shares gain for 5th day

Australian shares ended higher for a fifth straight session on Wednesday, buoyed by gains in financial and energy stocks, as upbeat US corporate results and hopes of a potential Brexit deal boosted risk appetite.
Updated 17 Oct, 2019 07:53am
Wednesday's late afternoon trade S&P 500, Nasdaq dip
Stocks

Wednesday's late afternoon trade S&P 500, Nasdaq dip

The benchmark S&P 500 stock index edged lower on Wednesday as weak US economic data and simmering geopolitical tensions spooked buyers away from the equities market, despite a string of generally positive third-quarter corporate earnings reports.
Updated 17 Oct, 2019 07:59am
Sri Lankan stocks slip
Stocks

Sri Lankan stocks slip

Sri Lankan stocks slipped for a second straight session on Wednesday, amid weakness in hotels and manufacturing shares, while the rupee ended flat.
Updated 17 Oct, 2019 07:42am
Tokyo shares hit 10-month high
Stocks

Tokyo shares hit 10-month high

Japanese shares rallied to more than 10-month highs on Wednesday as a weaker yen lifted bluechip exporters, while chipmaking-related stocks advanced, taking their cue from Wall Street peers.
Updated 17 Oct, 2019 07:41am
German government bond yields hit 11-week high
Stocks

German government bond yields hit 11-week high

German government bond yields hit their highest level since the end of July on Wednesday as Britain and the European Union appeared closer to a Brexit deal, denting demand for safe-haven assets.
Updated 17 Oct, 2019 07:41am
China stocks fall
Stocks

China stocks fall

China stocks fell on Wednesday, as optimism over a concrete US-China trade deal faded, with risk appetite also curbed by fresh domestic signs of economic weakness.
Updated 17 Oct, 2019 07:41am
European shares pause as Brexit deal reports swirl
Stocks

European shares pause as Brexit deal reports swirl

European stocks pulled back slightly on Wednesday from their strongest closing high in more than a year as clashing headlines on Britain's last-minute efforts to forge a divorce deal with the European Union left investors hanging on the outcome.
Updated 17 Oct, 2019 07:42am
Indian shares up
Stocks

Indian shares up

Indian shares ended higher on Wednesday as investors looked forward to upbeat September-quarter earnings from companies in the backdrop of the government's corporate tax cut last month.
Updated 17 Oct, 2019 07:40am
SE Asian stocks track Asian peers to end higher
Stocks

SE Asian stocks track Asian peers to end higher

Southeast Asian stock markets ended higher on Wednesday, in line with Asian peers, as strong US corporate earnings helped soothe concerns about a global slowdown, while a potential breakthrough in Brexit deal negotiations also aided sentiment.
Updated 17 Oct, 2019 07:40am
Huawei says nine-month revenue up despite US pressure
Telecommunication

Huawei says nine-month revenue up despite US pressure

Chinese tech giant Huawei said on Wednesday that its revenue for the first nine months of the year grew by almost a quarter despite a US campaign to isolate the company globally. Huawei's revenues jumped 24.4 percent on-year to 610.8 billion yuan ($86.2 b
Updated 18 Oct, 2019 08:19am
US-China trade mini-deal being 'papered': Trump
Global Business Economy

US-China trade mini-deal being 'papered': Trump

The partial trade bargain struck last week with China is now being formally put down in writing, US President Donald Trump said Wednesday. "It hasn't been papered yet but it is being papered," Trump told reporters at the White House.
Updated 17 Oct, 2019 06:25am
Weak US retail sales cast shadow over slowing economy
Global Business Economy

Weak US retail sales cast shadow over slowing economy

US retail sales fell for the first time in seven months in September, suggesting that manufacturing-led weakness could be spreading to the broader economy, keeping the door open for the Federal Reserve to cut interest rates again later this month.
Updated 17 Oct, 2019 06:30am
Pakistan lose second match at Socca World Cup
Other

Pakistan lose second match at Socca World Cup

Pakistan socca football team lost its second Socca World Cup game to Romania in Group 'H' on Tuesday in Crete, Greece. According to information made available here, Pakistan conceded an own-goal from its player Mohammad Ali, who mistakenly sent the ball i
Updated 17 Oct, 2019 05:07am
Athletics world body brings in new transgender rules
Other

Athletics world body brings in new transgender rules

Female transgender athletes must lower their testosterone levels by half under new regulations introduced by the IAAF, bringing the rules into line with those for hyperandrogenous competitors such as Caster Semenya.
Updated 17 Oct, 2019 05:06am
Brazil's real recovers
Money & Banking

Brazil's real recovers

Latin American stocks and currencies were mixed on Wednesday amid fresh strains in the China-US relationship, with Brazil's real recovering slightly from two-week lows hit last session.
Updated 17 Oct, 2019 07:45am