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Feb 01, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2019-10-24
IMF's flagship economic surveys and Pakistan
Articles

IMF's flagship economic surveys and Pakistan

Recently, two flagship surveys were released by the International Monetary Fund (IMF). Firstly, the World Economic Outlook (WEO) which usually appears in April and September/October. It presents IMF staff economists' analyses of global economic developmen
Updated 25 Oct, 2019 07:03am
PMEX daily trading report

PMEX daily trading report

On Tuesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,165.
Published 24 Oct, 2019 12:00am
Asia's naphtha rises on tight supply
Energy

Asia's naphtha rises on tight supply

Asia's naphtha crack rose for the second day on tight supply on Tuesday, reaching a four-session high of $91.45 a tonne after having dipped to a 1-1/2 week low at the end of last week.
Updated 24 Oct, 2019 08:33am
Most Asian currencies slip
Money & Banking

Most Asian currencies slip

A global shift into less risky assets weighed on most Asian currencies on Wednesday, and propped up the US dollar, as new hurdles over Britain's departure from the European Union kept investors on edge.
Updated 24 Oct, 2019 08:26am
Bitcoin plunges to five-month low
Money & Banking

Bitcoin plunges to five-month low

Bitcoin's price dropped on Wednesday to its lowest level against the dollar since the middle of May after Facebook Chief Executive Officer Mark Zuckerbeg, in testimony before Congress, expressed doubts about whether the company's cryptocurrency project Li
Updated 24 Oct, 2019 08:27am
Aussie, kiwi backtrack on Brexit woes
Money & Banking

Aussie, kiwi backtrack on Brexit woes

The Australian and New Zealand dollars backed away from major resistance on Wednesday as the latest twist in the Brexit saga tempered risk appetites globally, while domestic catalysts were sorely lacking.
Updated 24 Oct, 2019 08:27am
Pound falls against dollar, euro in New York
Money & Banking

Pound falls against dollar, euro in New York

The British pound fell on Tuesday against the euro and dollar after UK lawmakers rejected the government's proposed Brexit timetable, but its losses were limited as chances of a no-deal exit from the European Union were seen as miniscule.
Updated 24 Oct, 2019 08:19am
Early trade in New York: Dollar, pound steady
Money & Banking

Early trade in New York: Dollar, pound steady

The dollar and British pound were steady on Wednesday as European Union leaders consider Britain's request for a Brexit delay, and are expected to grant a three-month extension to the Oct. 31 deadline for its departure.
Updated 24 Oct, 2019 08:17am
Yen, Swiss franc rise in Europe
Money & Banking

Yen, Swiss franc rise in Europe

The Japanese yen rose to a one-week high and the Swiss franc gained on Wednesday as investors sought safer assets after British lawmakers forced a delay in the UK government's Brexit plans.
Updated 24 Oct, 2019 07:54am
Brexit confusion weighs on pound in Asia
Money & Banking

Brexit confusion weighs on pound in Asia

The pound edged lower on Wednesday after an overnight fall as Brexit hung in the balance, with the British Parliament still divided on how, when or even if to engineer Britain's departure from the European Union.
Updated 24 Oct, 2019 07:51am
Zuckerberg open to scaling back Libra plan
Money & Banking

Zuckerberg open to scaling back Libra plan

Facebook chief executive Mark Zuckerberg opened the door Wednesday to scaling back plans for its digital coin Libra if it cannot win approval as a new currency for global exchanges. Zuckerberg made the comments as he faced a torrent of criticism at a cong
Updated 24 Oct, 2019 07:51am
French industry morale at over 4-year low
Global Business Economy

French industry morale at over 4-year low

French industry morale fell unexpectedly in October to its lowest level since early 2015 as France and its European partners became the latest target of US trade actions, a monthly survey showed on Wednesday.
Updated 24 Oct, 2019 06:54am
Caterpillar slashes profit forecast
Global Business Economy

Caterpillar slashes profit forecast

Caterpillar shares came under pressure early Wednesday after the company slashed its profit forecast, citing global economic uncertainty.
Updated 24 Oct, 2019 06:54am
Quantum leap in computing as Google claims 'supremacy'
IT & Computers

Quantum leap in computing as Google claims 'supremacy'

Scientists claimed Wednesday to have achieved a near-mythical state of computing in which a new generation of machine vastly outperforms the world's fastest super-computer, known as "quantum supremacy".
Updated 24 Oct, 2019 06:55am
Boeing confirms 737 MAX timetable as profits tumble
Global Business Economy

Boeing confirms 737 MAX timetable as profits tumble

Boeing on Wednesday reported a sharp drop in third-quarter earnings due to the 737 MAX grounding but said it still expects regulatory approval this year to return the plane to service.
Updated 24 Oct, 2019 06:54am
Honda speeds up plans to electrify car models in Europe
Global Business Economy

Honda speeds up plans to electrify car models in Europe

Japanese car-making giant Honda announced Wednesday it will speed up plans to have electric options for all new car models for the European market by 2022, as it launched its latest hybrid.
Updated 24 Oct, 2019 06:54am
FTSE hits one-month high; Brexit tussle bogs down midcaps
Stocks

FTSE hits one-month high; Brexit tussle bogs down midcaps

Shares in domestically-focused UK firms eased on Wednesday as votes in parliament kept investors guessing on the final timing and shape of Britain's withdrawal from the European Union, while the blue-chip FTSE 100 touched a near one-month high.
Updated 24 Oct, 2019 07:54am
SE Asian stocks fall on global demand worries
Stocks

SE Asian stocks fall on global demand worries

The majority of the southeast Asian stock markets ended lower on Wednesday, with Singapore leading losses, as investors booked profits after recent gains, while revenue warning from a major US chipmaker revived concerns about global economic growth.
Updated 24 Oct, 2019 07:46am
Tech stocks weigh on Europe, Brexit delay looms
Stocks

Tech stocks weigh on Europe, Brexit delay looms

European shares dipped for the first time this week on Wednesday, as warnings from Texas Instruments raised concerns about the global microchip industry, while UK lawmakers hit the pause button on Britain's exit from the European Union.
Updated 24 Oct, 2019 07:46am
Eurozone bond yields fall on Brexit uncertainty
Stocks

Eurozone bond yields fall on Brexit uncertainty

Eurozone government bond yields fell on Wednesday as investors grew more wary about how and when Britain will leave the European Union. British lawmakers signalled their support for the Brexit deal British Prime Minister Boris Johnson agreed with the Euro
Updated 24 Oct, 2019 07:46am
Australian shares flat, New Zealand index declines
Stocks

Australian shares flat, New Zealand index declines

Australian shares ended flat on Wednesday as gains in miners were offset by profit-taking in the healthcare sector, while New Zealand's market was hit by steep looses for energy stocks after Rio Tinto said it plans to shut a power-guzzling smelter.
Updated 24 Oct, 2019 07:46am
Treasury yields retreat
Stocks

Treasury yields retreat

US Treasury yields dropped on Tuesday, in line with sterling's movements, as investors bought safe-haven debt after UK lawmakers voted against Prime Minister Boris Johnson's extremely tight timetable to approve his deal for Britain to exit the European Un
Updated 24 Oct, 2019 07:38am
Indian shares rangebound
Stocks

Indian shares rangebound

Indian shares wobbled in lacklustre trade on Wednesday, with Yes Bank and Tata Motors Ltd shares dragging the benchmark index lower, as investors scanned a string of disappointing corporate results.
Updated 24 Oct, 2019 07:35am
Nikkei edges up to one-year high
Stocks

Nikkei edges up to one-year high

Japan's key benchmark stock index edged up to a one year-high, supported by gains for the phrama sector thanks to drugmaker Eisai rallying hard, though weak chip-related stocks capped the gains after disappointing results from Texas Instruments.
Updated 24 Oct, 2019 07:33am
Motorway Police become symbol of pride: minister
General News

Motorway Police become symbol of pride: minister

Minister for Communications has said that Motorway Police have become a symbol of pride for the nation. Murad Saeed said this while addressing an event as chief guest wherein officers and members of civil society participated. The Federal Minister for Com
Published 24 Oct, 2019 12:00am
FFC celebrates 'Pink Ribbon Day'

FFC celebrates 'Pink Ribbon Day'

Fauji Fertilizer Company (FFC) has been dedicatedly pursuing initiatives for sustainable community welfare and has therefore collaborated with Pink Ribbon Pakistan, renowned organization working for breast cancer awareness.
Published 24 Oct, 2019 12:00am
KE awards contracts for 900MW BQPS-III
Energy

KE awards contracts for 900MW BQPS-III

K-Electric on Wednesday announced that it has awarded the contracts to global technology powerhouse Siemens AG and Chinese construction contractor Harbin Electric for a 900MW Combined Cycle Power Plant and associated grids at Bin Qasim.
Updated 24 Oct, 2019 07:25am
Swati rules out any deal on 'Azadi March'
General News

Swati rules out any deal on 'Azadi March'

Minister for Parliamentary Affairs, Azam Khan Swati, Wednesday ruled out any deal with the opposition on 'Azadi March,' saying that the government recognises its right to peaceful protest within the ambit of law and warned that the law will act if the pro
Published 24 Oct, 2019 12:00am
US MIDDAY: Gold gains

US MIDDAY: Gold gains

Gold gained on Wednesday as some investors sought refuge in the metal after UK lawmakers pushed the pause button on Brexit, while expectations of further monetary easing by central banks lent further support.
Published 24 Oct, 2019 12:00am
US MIDDAY: Soyabean futures up

US MIDDAY: Soyabean futures up

US soyabean futures edged higher on Wednesday after China offered to exempt some US shipments from import tariffs, although a lack of confirmed buying and an accelerating US harvest kept gains in check.
Published 24 Oct, 2019 12:00am
Gold surges in Europe

Gold surges in Europe

Gold rose on Wednesday as risk sentiment took a hit after UK lawmakers pushed the pause button on Brexit, while expectations of further monetary easing by global central banks lent further support.
Published 24 Oct, 2019 12:00am
Gold holds steady in Asia

Gold holds steady in Asia

Gold prices were largely unchanged on Wednesday, as investors awaited more clarity on the Brexit and the US-China trade war, while some technical buying provided modest support to the bullion.
Published 24 Oct, 2019 12:00am
Gold prices in tight range in New York

Gold prices in tight range in New York

Gold steadied in a tight range on Tuesday as investors adopted a cautious approach ahead of a crucial Brexit vote, while focus shifted to the US Federal Reserve's stance on interest rate cuts.
Published 24 Oct, 2019 12:00am
Palm oil ends at 8-month high

Palm oil ends at 8-month high

Malaysian palm oil futures closed at an eight-month high on Wednesday, buoyed by sharp gains in rival oils, though a slightly stronger ringgit and worries over demand from India capped gains.
Published 24 Oct, 2019 12:00am
Zinc gains as deficit pushes inventories to new lows

Zinc gains as deficit pushes inventories to new lows

Copper prices rose on Wednesday as a wave of protests in top producer Chile began to disrupt supplies, but gains were limited by lingering fears over the health of the global economy and the outlook for demand. Benchmark copper on the London Metal Exchang
Published 24 Oct, 2019 12:00am
New York cotton
Cotton & Textile

New York cotton

The following were the fluctuations observed during the day:

Updated 24 Oct, 2019 07:11am
The Weather
General News

The Weather

The weather report on Wednesday (October 23, 2019) and the forecast for Thursday (October 24, 2019).

Published 24 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 23, 2019).

Published 24 Oct, 2019 12:00am
Cotton Spot Rates
Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (October 23, 2019).

Published 24 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 23, 2019).

Published 24 Oct, 2019 12:00am
Shipping Intelligence
Schedules

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (October 23, 2019).

Published 24 Oct, 2019 12:00am
THE RUPEE: Modest gains in open market

THE RUPEE: Modest gains in open market

The rupee maintained upward trend against the dollar in the open market on Wednesday in process of trading activity, dealers said.
Published 24 Oct, 2019 12:00am
BOARD MEETINGS
Stocks

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Updated 24 Oct, 2019 06:56am
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 24 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 23, 2019).

Published 24 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 23, 2019).

Published 24 Oct, 2019 12:00am
Money Market Report
Rates

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (October 23, 2019).
Published 24 Oct, 2019 12:00am
Spot dollar rates
Rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (October 23, 2019).

Published 24 Oct, 2019 12:00am
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