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Print - 2019-11-09
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 09 Nov, 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 09 Nov, 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 (November 08, 2019).

Published 09 Nov, 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 (November 08, 2019).

Published 09 Nov, 2019 12:00am
Money Market Report
Rates

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (November 08, 2019).
Published 09 Nov, 2019 12:00am
Spot dollar rates
Rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (November 08, 2019).

Published 09 Nov, 2019 12:00am
BOARD MEETINGS
Stocks

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Updated 11 Nov, 2019 08:21am
Member to Member
Stocks

Member to Member

The following transactions member to member subsequently reported on Friday (November 08, 2019).

Updated 11 Nov, 2019 08:21am
Shipping Intelligence
Schedules

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (November 08, 2019).

Published 09 Nov, 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 (November 08, 2019).

Published 09 Nov, 2019 12:00am
Cotton Spot Rates
Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (November 08, 2019).

Published 09 Nov, 2019 12:00am
Bullion Rates
Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (November 08, 2019).

Published 09 Nov, 2019 12:00am
The Weather
General News

The Weather

The weather report on Friday (November 08, 2019) and the forecast for Saturday (November 09, 2019).

Updated 11 Nov, 2019 08:17am
New York cotton
Cotton & Textile

New York cotton

The following were the fluctuations observed during the day:

Updated 11 Nov, 2019 08:04am
US MIDDAY: Gold hits 3-month low
Commodities

US MIDDAY: Gold hits 3-month low

Gold extended losses to a three-month low on Friday as positive developments in US-China trade tarnished the metal's safe-haven appeal, putting it on track for the biggest weekly decline in three years.
Published 09 Nov, 2019 12:00am
Corn up, soyabeans drop
Commodities

Corn up, soyabeans drop

US corn futures firmed on Friday after the US Department of Agriculture lowered its US yield and harvest forecasts in a monthly crop report, though gains were kept in check by worries about weak demand.
Published 09 Nov, 2019 12:00am
Palm oil extends gains
Commodities

Palm oil extends gains

Malaysian palm oil futures closed more than 2% higher on Friday, extending a winning streak to six consecutive weeks, after an industry body forecast a lower-than-expected rise in production and as the ringgit weakened.
Published 09 Nov, 2019 12:00am
Tokyo rubber falls
Commodities

Tokyo rubber falls

Tokyo Commodity Exchange (TOCOM) futures slipped on Friday, snapping a 3-day rally, as investors took profits ahead of the weekend, while weaker Shanghai futures also dented sentiment.
Published 09 Nov, 2019 12:00am
India's cotton output set to rise, exports to remain steady
Cotton & Textile

India's cotton output set to rise, exports to remain steady

India's cotton production in 2019/20 is likely to jump 13.6% due to a bigger cultivated area and a boost to yields from above-average monsoon rains, a leading trade body forecast on Friday.
Updated 11 Nov, 2019 08:03am
China's Dalian iron ore futures turn lower
Commodities

China's Dalian iron ore futures turn lower

Benchmark Dalian iron ore futures declined on Thursday, tracking weak physical prices on rising inventories at China's ports, though losses were limited due to restocking demand from some steel mills.
Published 09 Nov, 2019 12:00am
Activities at Karachi and Qasim Ports
Business & Economy

Activities at Karachi and Qasim Ports

The Karachi Port handled 186,136 tonnes of cargo comprising 115,209 tonnes of import cargo and 69,927 tonnes of export cargo including 11,934 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday.
Published 09 Nov, 2019 12:00am
US natural gas futures rise to 7-month high
Energy

US natural gas futures rise to 7-month high

US natural gas futures turned positive and rose close to a seven-month high following release of storage report showing smaller-than-expected weekly storage build.
Updated 11 Nov, 2019 08:00am
Dry weather to damage Argentine wheat crop
Commodities

Dry weather to damage Argentine wheat crop

Wheat in the south of Argentina's agricultural area could suffer further yield damage if it does not receive significant rainfall over the days ahead, the Buenos Aires Grains Exchange said in its weekly crop report on Thursday.
Published 09 Nov, 2019 12:00am
PMEX daily trading report

PMEX daily trading report

On Thursday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,313.
Published 09 Nov, 2019 12:00am
Miners, Burberry drop as trade fears knock FTSE
Stocks

Miners, Burberry drop as trade fears knock FTSE

Falls for mining stocks and a 4% drop in Asia-exposed luxury brand Burberry led London's FTSE 100 lower on Friday, as doubts about a US-China trade deal halted a five-day winning streak for European markets.
Updated 11 Nov, 2019 08:00am
SE Asian stocks-fall as trade deal uncertainty looms
Stocks

SE Asian stocks-fall as trade deal uncertainty looms

Most Southeast Asian markets closed lower on Friday, as a report on internal opposition in Washington to tariff rollback on Chinese goods trumped optimism over the possibility of an interim Sino-US trade deal.
Updated 11 Nov, 2019 08:00am
Hong Kong shares retreat
Stocks

Hong Kong shares retreat

Hong Kong stocks fell on Friday after reports some US officials disagreed with scrapping tariffs on Chinese goods to seal a trade agreement with Beijing, denting optimism that had lifted the local market for much of the week.
Updated 11 Nov, 2019 08:00am
European shares break five-day winning run
Stocks

European shares break five-day winning run

European shares broke a five-day winning streak on Friday after US President Donald Trump said he has not agreed to roll back tariffs on China, adding to uncertainties on whether the two sides were really getting close to signing a partial deal.
Updated 11 Nov, 2019 08:00am
Asian equities see biggest foreign inflow in 6 months
Stocks

Asian equities see biggest foreign inflow in 6 months

Foreign investors stepped up buying in Asian equities in October as risk sentiment improved on signs that China and the United States were closer to an interim trade deal, soothing concerns about a slowdown in the region.
Updated 11 Nov, 2019 08:00am
Australian shares steady; NZ up
Stocks

Australian shares steady; NZ up

Australian shares closed little changed on Friday, as gains in energy stocks offset a sell-off in gold miners after price of the precious metal slumped overnight.
Updated 11 Nov, 2019 07:34am
Treasury yields surge
Money & Banking

Treasury yields surge

US Treasury yields surged to more than three-month highs on Thursday, exaggerated by technical factors, as reports that a US-China agreement to roll back trade tariffs boosted global economic growth expectations.
Updated 11 Nov, 2019 07:44am
India shares fall after Moody's cuts outlook
Stocks

India shares fall after Moody's cuts outlook

Indian shares closed down nearly 1% on Friday after Moody's Investors Service flagged domestic growth risks and cut its ratings outlook for the country, as well as some corporate companies and financial institutions.
Updated 11 Nov, 2019 07:34am
Dow, S&P 500 hit record closes
Stocks

Dow, S&P 500 hit record closes

The Dow and S&P 500 notched record closing highs on Thursday as the latest signs of progress in US-China trade relations relieved investors, but a report raising fresh worries about the outlook for a deal limited the day's gains.
Updated 11 Nov, 2019 07:43am
Nikkei, Topix at 13-month high
Stocks

Nikkei, Topix at 13-month high

Japan's benchmark stock index rallied to a 13-month high on Friday on growing optimism for the economy, before paring part of those gains due to conflicting reports on how much progress has been made in US-China trade negotiations.
Updated 11 Nov, 2019 07:34am
Americans have more debt, need family help to buy homes
Global Business Economy

Americans have more debt, need family help to buy homes

Americans are waiting longer to buy their first homes, have more debt and more often need family help to make the purchase amid a supply crunch that is pushing up prices, according to a new data released Friday.
Published 09 Nov, 2019 12:00am
German crew stage demo on second day of Lufthansa strike
Global Business Economy

German crew stage demo on second day of Lufthansa strike

Hundreds of Lufthansa flights were cancelled Friday as a strike by German cabin crew stretched into a second day, with workers staging a noisy rally to push their demands for better pay and conditions.
Published 09 Nov, 2019 12:00am
No accord on China tariff rollback: Trump
Taxes

No accord on China tariff rollback: Trump

President Donald Trump said Friday he has not agreed to rollback tariffs on Chinese imports, dampening recent optimism for a major de-escalation in the US-China trade war.
Updated 11 Nov, 2019 07:34am
Daimler mulls slashing 1,100 senior jobs
Global Business Economy

Daimler mulls slashing 1,100 senior jobs

German luxury carmaker Daimler plans to cut 1,100 management jobs worldwide in fresh efforts to cut costs as it grapples with expensive recalls and a slowing global market, a German newspaper reported Friday.
Published 09 Nov, 2019 12:00am
Moody's cuts India's outlook to 'negative', citing rising growth risks
Global Business Economy

Moody's cuts India's outlook to 'negative', citing rising growth risks

Moody's Investors Service cut India's ratings outlook to "negative" from "stable", citing increasing risks that Asia's third largest economy will grow at a slower pace than in the past, sending stock markets nearly 1% lower at Friday's close.
Published 09 Nov, 2019 12:00am
Malaysia surprises with cut in banks' reserve ratio
Money & Banking

Malaysia surprises with cut in banks' reserve ratio

Malaysian banks' statutory reserve requirement (SRR) will be reduced to 3.00% from 3.50%, effective Nov. 16, the central bank said on Friday, the first cut in three years and made days after it left its key policy interest rate unchanged.
Updated 11 Nov, 2019 07:34am
EU-Singapore trade deal takes effect November 21
Global Business Economy

EU-Singapore trade deal takes effect November 21

A landmark trade deal between the EU and Singapore, a major hub for European businesses in Asia, will go into effect on November 21, a statement said on Friday.
Published 09 Nov, 2019 12:00am
EU removes Belize from tax-haven blacklist

EU removes Belize from tax-haven blacklist

The EU removed the Central American country of Belize from its blacklist of tax havens on Friday, a statement said. Belize, whose head of state is Britain's Queen Elizabeth II, is now on the EU's so-called grey list of countries deemed as having inadequat
Published 09 Nov, 2019 12:00am
Malan, Morgan blast England to overwhelming win over New Zealand
Cricket

Malan, Morgan blast England to overwhelming win over New Zealand

A whirlwind century by Dawid Malan in a record-breaking stand with Eoin Morgan saw England crush New Zealand in the fourth Twenty20 by 76 runs in Napier on Friday to level the series with one game remaining. Malan was unbeaten on 103 at the close of the E
Published 09 Nov, 2019 12:00am
Australia trounce Pakistan to win T20 series
Cricket

Australia trounce Pakistan to win T20 series

Ruthless opening pair Aaron Finch and David Warner ran riot as Australia routed Pakistan by 10 wickets in Perth to wrap up their Twenty20 series 2-0 Friday in emphatic fashion.
Published 09 Nov, 2019 12:00am
Third Sarsabz National Tent Pegging Championship from 11th
Other

Third Sarsabz National Tent Pegging Championship from 11th

Fatima Fertilizer in partnership with the Equestrian Federation of Pakistan announced that they are all set to host the third Sarsabz National Tent Pegging Championship 2019 in Lahore to take place at the Polo and Tent Pegging ground of the Headquarters o
Published 09 Nov, 2019 12:00am
Momota advances
Other

Momota advances

Defending champion and world number one Kento Momota battled past former number one Viktor Axelsen to reach the Fuzhou China Open semi-finals on Friday.
Published 09 Nov, 2019 12:00am
WAPDA all set to excel as National Games begin
Other

WAPDA all set to excel as National Games begin

Pakistan Water and Power Development Authority (WAPDA) will participate in the 33rd National Games, which is being scheduled to be held in Peshawar from November 10 to 16, 2019.
Published 09 Nov, 2019 12:00am
'Big Three' hail future stars of men's tennis
Other

'Big Three' hail future stars of men's tennis

Roger Federer, Rafael Nadal and Novak Djokovic have hailed the fast-rising next generation of players, saying the future of tennis is "in good hands" ahead of the start of the ATP Finals.
Published 09 Nov, 2019 12:00am
Brazil real eyes worst week in a year
Money & Banking

Brazil real eyes worst week in a year

The Brazilian real was set to record its worst week in over a year on Friday, hit by underwhelming oil auctions and political concerns sparked by a Supreme Court ruling that could lead to the release of former President Luiz Inacio Lula da Silva.
Updated 11 Nov, 2019 07:34am
South African rand weakens
Money & Banking

South African rand weakens

South Africa's rand weakened on Friday, after nationwide electricity blackouts overnight by ailing state utility Eskom spooked investors and reignited worries about the economy.
Updated 11 Nov, 2019 07:16am