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Print - 2020-01-03
State Bank of Pakistan conversion 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 03 Jan, 2020 12:00am
Barclays bid rates and maximum rates for payment of interest

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 03 Jan, 2020 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Thursday (January 2, 2020).

Published 03 Jan, 2020 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Thursday (January 2, 2020).

Published 03 Jan, 2020 12:00am
Bill buying rates per unit of currency

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 Thursday (January 2, 2020).

Published 03 Jan, 2020 12:00am
BOARD MEETINGS
Stocks

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 03 Jan, 2020 12:00am
Member to Member
Stocks

Member to Member

The following transactions member to member subsequently reported on Thursday (January 2, 2020).

Published 03 Jan, 2020 12:00am
Shipping Intelligence
Schedules

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (January 2, 2020).

Published 03 Jan, 2020 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (January 2, 2020).

Published 03 Jan, 2020 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (January 2, 2020)

Published 03 Jan, 2020 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (January 2, 2020).

Published 03 Jan, 2020 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (January 2, 2020).

Published 03 Jan, 2020 12:00am
The Weather

The Weather

The weather report on Thursday (January 2, 2020) and the forecast for Friday (January 3, 2020).

Published 03 Jan, 2020 12:00am
New York cotton
Cotton & Textile

New York cotton

The following were the fluctuations observed during the day:

Published 03 Jan, 2020 12:00am
Gold rises in Europe
Commodities

Gold rises in Europe

Gold firmed on Thursday, edging back towards the three-month peak it reached earlier in the week on the back of dollar weakness, with the market focusing on minutes of the US Federal Reserve's December policy meeting.
Published 03 Jan, 2020 12:00am
Gold gains in Asia
Commodities

Gold gains in Asia

Gold prices edged up on Thursday, holding close to a three-month peak as the metal benefited from weakness in the dollar, with the market focus on minutes of the US Federal Reserve's December policy meeting.
Published 03 Jan, 2020 12:00am
Oil analysts bet on modest price gains in 2020 as supply shrinks
Energy

Oil analysts bet on modest price gains in 2020 as supply shrinks

Oil prices are likely to hover around $63 a barrel next year, a Reuters poll showed on Tuesday, benefiting from deeper production cuts by OPEC and its allies, and hopes that a US-China trade deal could jumpstart economic growth.
Published 03 Jan, 2020 12:00am
Argentine rain slakes parched soyabean, corn crops
Commodities

Argentine rain slakes parched soyabean, corn crops

Rains that fell over much of Argentina's agricultural areas have improved conditions for soyabean and corn crops in the major grains exporting South American country, the Buenos Aires grains exchange said in its weekly report on Thursday.
Published 03 Jan, 2020 12:00am
Copper climbs towards eight-month high
Commodities

Copper climbs towards eight-month high

Copper prices rose towards eight-month highs on Thursday as demand expectations were boosted by economic measures in China and optimism that the world's top metals consumer would also sign a preliminary trade deal with the United States.
Published 03 Jan, 2020 12:00am
Cotton scales seven-month peak on fund buying
Cotton & Textile

Cotton scales seven-month peak on fund buying

ICE cotton futures rose nearly 1% to a seven-month high on Thursday, helped by fund buying on optimism surrounding the US-China trade deal.
Published 03 Jan, 2020 12:00am
UK shares roar into 2020; midcaps hit fresh record
Stocks

UK shares roar into 2020; midcaps hit fresh record

Britain's stock market indexes surged in the first trading session of the new decade, as investors welcomed China's monetary policy easing and US President Donald Trump set the date for sealing a Phase 1 trade deal with Beijing.
Published 03 Jan, 2020 12:00am
Latam stocks gain
Stocks

Latam stocks gain

Brazil stocks began the new year with a 1% rise on Thursday, leading Latin American stocks higher, and regional currencies also rallied despite a strong dollar as trade optimism and policy easing by China lifted global sentiment.
Published 03 Jan, 2020 12:00am
Hong Kong shares up
Stocks

Hong Kong shares up

The Hong Kong stock market rose on Thursday to its highest level since last July, fuelled by hopes that Beijing and Washington will sign a trade pact this month to end their bruising tariff war.
Published 03 Jan, 2020 12:00am
China blue chips at two-year high
Stocks

China blue chips at two-year high

Chinese shares rallied on the first trading day of the new decade on Thursday after US President Donald Trump said he will seal a deal with Beijing mid-month and as the Chinese central bank ramped up policy support.
Published 03 Jan, 2020 12:00am
Most SE Asian stocks ring in New Year on a high note
Stocks

Most SE Asian stocks ring in New Year on a high note

Most Southeast Asian stock markets ended the first trading session of 2020 higher on Thursday as they cheered signs of an impending Phase 1 Sino-US trade deal, while Philippine and Indonesian shares dragged.
Published 03 Jan, 2020 12:00am
Indian shares surge
Stocks

Indian shares surge

Indian stocks ended higher on Thursday, led by a surge in metals and infrastructure stocks, as hopes that the US and China will sign a trade deal soon bolstered risk appetite.
Published 03 Jan, 2020 12:00am
Australian shares inch higher
Stocks

Australian shares inch higher

Australian shares closed slightly higher on Thursday, helped by energy and tech stocks, in thin trading volumes as investors returned from the New Year's Day holiday.
Published 03 Jan, 2020 12:00am
On Day 29, French rail strike makes history
Global Business Economy

On Day 29, French rail strike makes history

A labour walkout that has frustrated Paris commuters and marooned thousands of holiday travellers in France dragged into its 29th day on Thursday, becoming the country's longest continuous railway strike with no end in sight.
Published 03 Jan, 2020 12:00am
US jobless claims edge lower
Global Business Economy

US jobless claims edge lower

The number of Americans filing claims for jobless benefits edged lower last week, a positive signal for the US labour market amid recent signs that new claims may be trending slightly higher. Initial claims for state unemployment benefits decreased 2,000
Published 03 Jan, 2020 12:00am
Fired UK vegan files landmark discrimination case

Fired UK vegan files landmark discrimination case

A British employment tribunal began a landmark hearing Thursday on whether a strict form of veganism is a philosophical belief that must be protected in law. Jordi Casamitjana says he was fired from an animal welfare charity for raising concerns about its
Published 03 Jan, 2020 12:00am
Britain's manufacturing shrinks again
Global Business Economy

Britain's manufacturing shrinks again

Britain's manufacturing activity slumped in December for the eighth month in a row, hit by Brexit jitters and global trade tensions, data showed Thursday. The IHS Markit UK Manufacturing purchasing managers' index (PMI) stood at 47.5 last month, the group
Published 03 Jan, 2020 12:00am
Canadian CEOs make 200 times more than average worker
Global Business Economy

Canadian CEOs make 200 times more than average worker

The 100 highest-paid CEOs in Canada made 227 times more than the average worker in 2018, an unprecedented high, according to a report published Thursday. "Put another way, by 10:09am on January 2, the average top CEOs will have made as much money as the a
Published 03 Jan, 2020 12:00am
Eurozone factory downturn deepened at end of 2019
Global Business Economy

Eurozone factory downturn deepened at end of 2019

Factories across the eurozone ended 2019 in poor shape with activity contracting for an 11th straight month, according to a survey which suggested the start of the new year is unlikely to see any improvement.
Published 03 Jan, 2020 12:00am
Chile's economy contracts 3.3 percent
Global Business Economy

Chile's economy contracts 3.3 percent

Chile's economy contracted by 3.3 percent in November compared to 12 months earlier, due to the impact of the South American country's worst social unrest in decades, the central bank said on Thursday.
Published 03 Jan, 2020 12:00am
China's Ganzhou launches rare earths exchange

China's Ganzhou launches rare earths exchange

The city of Ganzhou in China's southeastern province of Jiangxi has launched an exchange for spot transactions in rare earths and minor metals, according to a report posted by the Association of China Rare Earth Industry on Thursday.
Published 03 Jan, 2020 12:00am
'I did it alone', Ghosn says of Japan escape
Global Business Economy

'I did it alone', Ghosn says of Japan escape

Carlos Ghosn claimed Thursday he organised his dramatic escape from bail in Japan alone as the disgraced auto tycoon enjoyed his first days of freedom in Beirut despite an Interpol arrest notice.
Published 03 Jan, 2020 12:00am
Hanif advances in KP Junior Squash Championship
Other

Hanif advances in KP Junior Squash Championship

Top seed Muhammad Hanif Khan entered the second round after recording a victory against Shayan Ikram in the first round match of the ongoing New Year Khyber Pakhtunkhwa Junior Squash Championship being played here at PAF Hashim Khan Squash Complex on Thur
Published 03 Jan, 2020 12:00am
PCB-BCB in talks for Test series
Cricket

PCB-BCB in talks for Test series

The Pakistan Cricket Board (PCB) is engaged in talks with the Bangladesh Cricket Board (BCB) for Test series between the two countries while insisting that the matches will be played in Pakistan.
Published 03 Jan, 2020 12:00am
Former France rugby captain Michel Celaya dies
Other

Former France rugby captain Michel Celaya dies

The former France rugby captain Michel Celaya died at home in Biarritz on Thursday at the age of 89, his family has announced. Celaya played for France between 1953 and 1961, captaining them to their first ever outright win in the Five Nations and was lat
Published 03 Jan, 2020 12:00am
Pitcher Don Larsen dies of cancer at 90
Other

Pitcher Don Larsen dies of cancer at 90

Journeyman pitcher Don Larsen, the only baseball player in World Series history to throw a perfect game, died of cancer on Wednesday. He was 90.
Published 03 Jan, 2020 12:00am
NBA mastermind David Stern dies
Other

NBA mastermind David Stern dies

David Stern, who masterminded the NBA's growth into a global sports powerhouse while serving as commissioner from 1984 to 2014, died Wednesday after suffering a brain hemorrhage last month. He was 77.
Published 03 Jan, 2020 12:00am
Troubled China hand reins to ex-Everton player Li Tie
Other

Troubled China hand reins to ex-Everton player Li Tie

Former Everton midfielder Li Tie was named as coach of China's men's football team on Thursday, tasked with reviving their World Cup qualifying campaign after Marcello Lippi's abrupt departure.
Published 03 Jan, 2020 12:00am
Loonie clings to 2019 gains
Money & Banking

Loonie clings to 2019 gains

The Canadian dollar was little changed against its US counterpart on Thursday as Chinese monetary policy easing buoyed global equity markets, with the loonie holding on to its gains from 2019, when it was the top performing G10 currency.
Published 03 Jan, 2020 12:00am
Henan issues first special bonds of 2020
Money & Banking

Henan issues first special bonds of 2020

China's Henan province issued the country's first special bonds this year on Thursday, with the first batch of five-, 10- and 15-year bonds yielding 3.14%, 3.38% and 3.67%, respectively, sources told Reuters.
Published 03 Jan, 2020 12:00am
Aussie, kiwi look to extend rally
Money & Banking

Aussie, kiwi look to extend rally

The Australian and New Zealand dollars were aiming to build on recent gains on Thursday as progress in the Sino-US trade war seemed to lessen one major risk to the global economy in the new year.
Published 03 Jan, 2020 12:00am
South Africa's rand weakens
Money & Banking

South Africa's rand weakens

South Africa's rand lost ground on Thursday as the US dollar recovered on global markets, while local stocks were boosted by looser policy from China's central bank and optimism over a US-China trade deal.
Published 03 Jan, 2020 12:00am
Dollar bounces in Europe
Money & Banking

Dollar bounces in Europe

The dollar snapped a six-day losing streak to add 0.25% on Thursday, the first trading day of 2020, pushing the euro off five-month highs while the offshore yuan shrugged off reserve ratio cuts that could add $115 billion worth of liquidity.
Published 03 Jan, 2020 12:00am
Dollar off to a flat start in Asia
Money & Banking

Dollar off to a flat start in Asia

The dollar started the new year where it left the old one, on the back foot as investors wagered US economic outperformance might be drawing to a close as optimism on trade brightens the outlook for growth globally.
Published 03 Jan, 2020 12:00am
Turkish lira edges down
Money & Banking

Turkish lira edges down

The Turkish lira began the year on weaker footing on Thursday after shedding 11% in 2019, a year in which the currency steadied somewhat following a full-blown crisis in 2018.
Published 03 Jan, 2020 12:00am
Steady trend seen on cotton market
Cotton & Textile

Steady trend seen on cotton market

Steady trend was witnessed on the cotton market on Thursday as some needy buyers indulged in fresh deals to replenish their stock, dealers said.
Published 03 Jan, 2020 12:00am
Activities of Karachi Port and Port Qasim

Activities of Karachi Port and Port Qasim

The Karachi Port handled 141,931 tonnes of cargo comprising 80,765 tonnes of import cargo and 61,166 tonnes of export cargo including 9,415 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday.
Published 03 Jan, 2020 12:00am
US natural gas futures fall on mild weather
Energy

US natural gas futures fall on mild weather

US natural gas futures fell on Thursday, hovering close to a four-month trough, with weather forecast to stay mild for a couple of weeks and gas production nearing record highs.
Published 03 Jan, 2020 12:00am
Poland's Chopin contest ever popular in Asia

Poland's Chopin contest ever popular in Asia

A record 500-plus young pianists, nearly half from Asia, applied to take part in the 2020 edition of Poland's prestigious Chopin competition, its organisers said Thursday.
Published 03 Jan, 2020 12:00am
AI beats human breast cancer diagnosis

AI beats human breast cancer diagnosis

A computer programme can identify breast cancer from routine scans with greater accuracy than human experts, researchers said in what they hoped could prove a breakthrough in the fight against the global killer. Breast cancer is one of the most common can
Published 03 Jan, 2020 12:00am
Firefighter killed in latest New Delhi factory blaze

Firefighter killed in latest New Delhi factory blaze

A fireman battling a blaze at a New Delhi factory was killed Thursday after the building collapsed, officials said, in the third major fire in the Indian capital in less than a month.
Published 03 Jan, 2020 12:00am
Turkey parliament approves Libya military deployment

Turkey parliament approves Libya military deployment

Turkey's parliament passed a bill on Thursday approving a military deployment to Libya aimed at shoring up the UN-backed government in Tripoli, at a time of intensifying international tensions over the conflict.
Published 03 Jan, 2020 12:00am