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Print - 2019-12-14
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 14 Dec, 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 14 Dec, 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 (December 13, 2019).

Published 14 Dec, 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 (December 13, 2019).

Published 14 Dec, 2019 12:00am
Money Market Report
Rates

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (December 13, 2019).
Published 14 Dec, 2019 12:00am
Spot dollar rates
Rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (December 13, 2019).

Published 14 Dec, 2019 12:00am
BOARD MEETINGS
Stocks

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 14 Dec, 2019 12:00am
Member to Member
Stocks

Member to Member

The following transactions member to member subsequently reported on Friday (December 13, 2019).

Published 14 Dec, 2019 12:00am
THE RUPEE: Steady trend
Money & Banking

THE RUPEE: Steady trend

Firmness prevailed on the local money market on Friday as the rupee sustained overnight levels against the dollar in the process of trading, dealers said.
Published 14 Dec, 2019 12:00am
Shipping Intelligence
Schedules

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (December 13, 2019).

Published 14 Dec, 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 (December 13, 2019).

Published 14 Dec, 2019 12:00am
Cotton Spot Rates
Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (December 13, 2019).

Published 14 Dec, 2019 12:00am
Bullion Rates
Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (December 13, 2019).

Published 14 Dec, 2019 12:00am
The Weather

The Weather

The weather report on Friday (December 13, 2019) and the forecast for Saturday (December 14, 2019).

Published 14 Dec, 2019 12:00am
New York cotton
Cotton & Textile

New York cotton

The following were the fluctuations observed during the day:

Published 14 Dec, 2019 12:00am
US MIDDAY: gold gains
Commodities

US MIDDAY: gold gains

Gold prices rose on Friday as investors remained cautious about the developments in the United States and China trade negotiations, while political uncertainties in the world's biggest economy further boosted the metal's safe-haven appeal.
Published 14 Dec, 2019 12:00am
US MIDDAY: soya hits three-week top
Commodities

US MIDDAY: soya hits three-week top

US soyabean futures touched a three-week high on Friday after Washington and Beijing announced a "phase one" trade deal, but the market pared gains as traders awaited details about Chinese agricultural purchases.
Published 14 Dec, 2019 12:00am
Gold surges in Europe
Commodities

Gold surges in Europe

Gold prices edged higher in volatile trading on Friday as investors remained cautious about the developments in the United States and China trade negotiations that helped boost equities to record highs.
Published 14 Dec, 2019 12:00am
Malaysian palm oil falls
Commodities

Malaysian palm oil falls

Malaysian palm oil futures reversed gains and fell as traders locked in profit and the ringgit firmed, although weekly prices were the highest in almost three years on supply worries.
Published 14 Dec, 2019 12:00am
Cotton dips as investors seek more details on trade deal
Cotton & Textile

Cotton dips as investors seek more details on trade deal

Cotton futures fell on Friday, as lack of clarity about progress on a US-China trade deal weighed on investor sentiment, while the Democrats' latest impeachment move against President Donald Trump further added to the uncertainty in the market.
Published 14 Dec, 2019 12:00am
CBOT soyabean futures rise on US-China trade deal hopes
Commodities

CBOT soyabean futures rise on US-China trade deal hopes

Chicago Board of Trade soyabean futures closed higher on Thursday on renewed hopes for a US trade deal with China, the world's top soyabean importer, and strong weekly export sales data, traders said. CBOT January soyabean futures settled up 4-3/4 cents a
Published 14 Dec, 2019 12:00am
CBOT wheat futures up on export sales data
Commodities

CBOT wheat futures up on export sales data

Chicago Board of Trade wheat futures closed higher on Thursday on stronger-than-expected weekly export sales and broad strength in commodity markets tied to optimism about prospects for a US-China trade pact, traders said.
Published 14 Dec, 2019 12:00am
Cotton prices firm on modest trade
Cotton & Textile

Cotton prices firm on modest trade

Steady trend was again witnessed on the cotton market on Friday in the process of modest trading, dealers said. The official spot rate was unchanged at Rs 8750, they added. In ready session, over 12,000 bales of cotton changed hands between Rs 7900-9000,
Published 14 Dec, 2019 12:00am
Activities at Karachi and Port Qasim
Business & Economy

Activities at Karachi and Port Qasim

The Karachi Port handled 66,098 tonnes of cargo comprising 50,922 tonnes of import cargo and 15,176 tonnes of export cargo including 4,416 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday.
Published 14 Dec, 2019 12:00am
US natural gas futures pare gains
Energy

US natural gas futures pare gains

US natural gas futures pared gains on Thursday following the release of a federal report showing a slightly smaller than expected weekly storage draw. Traders noted prices were already up before the release of the report due to a decline in production and
Published 14 Dec, 2019 12:00am
Canadian canola futures rise
Commodities

Canadian canola futures rise

ICE Canadian canola futures rose on Thursday as investors covered short positions following a sharp market decline on Wednesday, traders said. Good crusher demand also lent support. The January contract gained 1.2%, its biggest daily percentage gain in th
Published 14 Dec, 2019 12:00am
Paris wheat rebounds on steady export demand
Commodities

Paris wheat rebounds on steady export demand

Euronext wheat futures recovered on Thursday from a two-week low, supported by a rebound in Chicago and signs of healthy export demand. March milling wheat, the most active contract on the Paris-based Euronext exchange, was up 1.50 euro, or 0.8%, at 183.5
Published 14 Dec, 2019 12:00am
PMEX daily trading report

PMEX daily trading report

On Thursday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,341. The traded value of Metals, Energy and COTS/FX was recorded at PKR 8.527 billion and the number of lots traded was 9,469.
Published 14 Dec, 2019 12:00am
CBOT corn futures higher on fresh export demand
Commodities

CBOT corn futures higher on fresh export demand

Chicago Board of Trade corn futures ended higher on Thursday and the bellwether March contract notched a one-week top on renewed hopes for a US-China trade agreement, along with news of fresh export sales to Mexico, traders said.
Published 14 Dec, 2019 12:00am
UK Plc shares hail Johnson's storming election victory
Stocks

UK Plc shares hail Johnson's storming election victory

UK shares focused on the domestic economy surged on Friday after Prime Minister Boris Johnson's ruling Conservatives convincingly won a national election, reassuring markets that Britain is likely to be headed for an orderly exit from the European Union.
Published 14 Dec, 2019 12:00am
SE Asian markets: Thai, Manila indexes lead gains
Stocks

SE Asian markets: Thai, Manila indexes lead gains

The Philippine and Thai indexes led gains among Southeast Asian markets on Friday as reports emerged that the United States and China had taken a major step towards securing a "phase-one" deal to de-escalate their prolonged trade war.
Published 14 Dec, 2019 12:00am
Indian shares gain one percent
Stocks

Indian shares gain one percent

Indian shares ended about 1% higher on Friday, as prospects of a trade deal between the United States and China and hopes of a swift Brexit after thumping election win by Britain's Conservative Party spurred risk appetite.
Published 14 Dec, 2019 12:00am
Treasury yields rise to four-week highs
Money & Banking

Treasury yields rise to four-week highs

US Treasury yields spiked on Thursday, with most maturities hitting four-week highs, after the United States offered to cut tariffs on existing Chinese goods and suspend those scheduled to take effect on December 15, a precursor to a possible trade deal.
Published 14 Dec, 2019 12:00am
Japan to issue 2.2 trillion yen bonds
Money & Banking

Japan to issue 2.2 trillion yen bonds

Japan's government will issue an extra 2.2 trillion yen ($20.25 billion) of deficit-financing bonds to make up for a tax revenue shortfall, Finance Minister Taro Aso said, after the cabinet approved on Friday a supplementary budget for the fiscal year to
Published 14 Dec, 2019 12:00am
Nikkei hits 14-month high
Stocks

Nikkei hits 14-month high

Japan's Nikkei share average jumped to a 14-month high on Friday, boosted by gains in value stocks such as banks and steelmakers on hopes of a US-China trade deal heralding robust global growth.
Published 14 Dec, 2019 12:00am
China's yuan and shares surge on trade deal hopes
Money & Banking

China's yuan and shares surge on trade deal hopes

China's yuan rallied to a 4-1/2-month high against the US dollar while mainland and Hong Kong stock markets soared on reports the United States and China had agreed to reduce existing tariffs and delay ones set to take effect this weekend.
Published 14 Dec, 2019 12:00am
Lacklustre US retail sales dim Q4 economic growth outlook
Global Business Economy

Lacklustre US retail sales dim Q4 economic growth outlook

US retail sales increased less than expected in November as Americans cut back on discretionary spending despite a strong labour market, raising fears the economy was slowing a bit faster than anticipated in the fourth quarter.
Published 14 Dec, 2019 12:00am
Mexico ratifies modified North American trade deal
Global Business Economy

Mexico ratifies modified North American trade deal

The Mexican Senate ratified the modified North American free trade agreement with the United States and Canada on Thursday after more than two years of arduous negotiations.
Published 14 Dec, 2019 12:00am
Donor support for Ethiopia economic reforms reaches $9 billion
Global Business Economy

Donor support for Ethiopia economic reforms reaches $9 billion

Ethiopia announced Friday that it had secured roughly $9 billion (8 billion euros) in outside financing for ambitious economic reforms which analysts say could underpin the country's delicate political transition.
Published 14 Dec, 2019 12:00am
Microsoft unveils Xbox Series X as console war heats up
IT & Computers

Microsoft unveils Xbox Series X as console war heats up

Microsoft has unveiled a name and look for its new gaming console, the Xbox Series X, promising a still-more immersive experience as it fends off threats from streaming and rival Sony.
Published 14 Dec, 2019 12:00am
Cyprus signs landmark LNG deal
Energy

Cyprus signs landmark LNG deal

Cyprus on Friday signed a landmark deal with a Chinese-led consortium to build a EUR290 million terminal for the import of liquified natural gas for electricity generation, local media said.
Published 14 Dec, 2019 12:00am
Rain forces suspension of play in historic Pakistan Test
Cricket

Rain forces suspension of play in historic Pakistan Test

Pakistan's first home Test in a decade was affected by bad weather Friday, with rain and an already sodden pitch forcing officials to suspend play on the third day of the contest against Sri Lanka. After day three's first session was washed out by wet wea
Published 14 Dec, 2019 12:00am
Smith blinder puts Australia on top
Cricket

Smith blinder puts Australia on top

A stunning catch by Steve Smith snared the prized wicket of Kane Williamson as Mitchell Starc tore through the New Zealand top order on the second day of the first Test in Perth on Friday.
Published 14 Dec, 2019 12:00am
South Asian Games gold medalist Arshad Nadeem meets CM Punjab
Other

South Asian Games gold medalist Arshad Nadeem meets CM Punjab

Arshad Nadeem, a resident of Mian Chunnu, who set a new record in javelin throw in the recent South Asian Games 2019 called on Chief Minister Punjab Sardar Usman Buzdar, here Friday and expressed his resolve to get a medal in 2020 Tokyo Olympics.
Published 14 Dec, 2019 12:00am