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Print - 2020-01-23
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 23 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 23 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 Wednesday (January 22, 2020).

Published 23 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 Wednesday (January 22, 2020).

Published 23 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 Wednesday (January 22, 2020).

Published 23 Jan, 2020 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (January 22, 2020).
Published 23 Jan, 2020 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (January 22, 2020).

Published 23 Jan, 2020 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (January 22, 2020).

Published 23 Jan, 2020 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Wednesday (January 22, 2020).

Published 23 Jan, 2020 12:00am
BOARD MEETINGS
Stocks

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 23 Jan, 2020 12:00am
Shipping Intelligence
Schedules

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (January 22, 2020).

Published 23 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 Wednesday (January 22, 2020).

Published 23 Jan, 2020 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (January 22, 2020)

Published 23 Jan, 2020 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (January 22, 2020).

Published 23 Jan, 2020 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 23 Jan, 2020 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (January 22, 2020).

Published 23 Jan, 2020 12:00am
The Weather

The Weather

The weather report on Wednesday (January 22, 2020) and the forecast for Thursday (January 23, 2020).

Published 23 Jan, 2020 12:00am
Palm oil surges three percent
Commodities

Palm oil surges three percent

Malaysian palm oil futures reversed early losses to end 3% higher on Wednesday after an industry body forecast a bigger-than-expected drop in output and on hopes that India would reduce duties on imports of the vegetable oil.
Published 23 Jan, 2020 12:00am
Gold slips, palladium gains in Europe
Commodities

Gold slips, palladium gains in Europe

Gold eased slightly on Wednesday as risk sentiment recovered and the dollar held firm, but expectations of dovish monetary policy from global central banks capped bullion's losses and kept prices above the $1,550 an ounce level.
Published 23 Jan, 2020 12:00am
Oil slides 2 percent
Energy

Oil slides 2 percent

Oil prices fell more than 2% on Wednesday as a market surplus forecast by the International Energy Agency (IEA) and demand worries amid the outbreak of a virus in China outweighed concern over disruptions to Libya's crude output.
Published 23 Jan, 2020 12:00am
Copper falls to near three-week low
Commodities

Copper falls to near three-week low

Copper fell to a near three-week low on Wednesday as the rising death toll from the Wuhan virus outbreak deepened concerns over potential damage to economic growth and metals demand.
Published 23 Jan, 2020 12:00am
Treatment of cancer: AKUH and PBS partner with Lilly

Treatment of cancer: AKUH and PBS partner with Lilly

The Aga Khan University Hospital (AKUH) and Patients Behbud Society for AKUH (PBS) have entered a partnership with Eli Lilly Pakistan Pvt Ltd (Lilly) to provide access to targeted therapy treatment of cancer patients with limited financial means.
Published 23 Jan, 2020 12:00am
Warm EU welcome for Venezuela opposition leader Guaido

Warm EU welcome for Venezuela opposition leader Guaido

The European Union offered a pointedly warm welcome Wednesday to Venezuelan opposition leader Juan Guaido, who is seeking to broaden international support for elections to vote President Nicolas Maduro out of power.
Published 23 Jan, 2020 12:00am
FTSE marks third straight day in the red
Stocks

FTSE marks third straight day in the red

London's FTSE 100 recorded its longest losing streak since early December as a strengthening in sterling triggered by strong manufacturing sentiment data weighed on dollar earners, while travel group TUI slid on more Boeing woes. The main index reversed e
Published 23 Jan, 2020 12:00am
SE Asian stocks: trade subdued ahead of holidays
Stocks

SE Asian stocks: trade subdued ahead of holidays

Most Southeast Asian stock markets were little changed on Wednesday, while trading was thin as investors stayed on the sidelines ahead of Lunar New Year holidays and a World Health Organisation (WHO) meeting on the virus outbreak in China.
Published 23 Jan, 2020 12:00am
European shares drop on threat of US auto tariffs
Stocks

European shares drop on threat of US auto tariffs

European shares reversed course and edged lower on Wednesday as US President Donald Trump threatened to impose high tariffs on imports of cars from the European Union, pushing automobile stocks to a three-month low.
Published 23 Jan, 2020 12:00am
Japan shares rebound
Stocks

Japan shares rebound

Japanese shares staged a modest rebound on Wednesday, as earlier investor panic about the coronavirus in China abated, although hygeine-related firms remained in demand and pressure on the tourism sector persisted.
Published 23 Jan, 2020 12:00am
Treasury yields sink
Money & Banking

Treasury yields sink

US Treasury prices surged on Tuesday, pushing yields lower as risk appetite dropped, amid worries about the potential fallout from a lethal virus that has broken out in China.
Published 23 Jan, 2020 12:00am
Indian shares end lower for third day
Stocks

Indian shares end lower for third day

Indian shares gave up early gains to end lower for the third straight session on Wednesday, as investors booked profits in volatile trading ahead of the federal budget due next week, dragging down commodities stocks the most.
Published 23 Jan, 2020 12:00am
Wall Street falls as China virus reaches the US
Stocks

Wall Street falls as China virus reaches the US

Wall Street lost ground on Tuesday, backing away from record highs as a viral outbreak from China found its way to US shores and the International Monetary Fund (IMF) lowered its global economic growth forecast.
Published 23 Jan, 2020 12:00am
China stocks rebound, yuan steady
Stocks

China stocks rebound, yuan steady

The Chinese stock market reversed early losses to end higher on Wednesday, as Beijing vowed to contain a virus outbreak that has killed nine and infected 440 in the country.
Published 23 Jan, 2020 12:00am
Banks hold back most of Gulf markets
Stocks

Banks hold back most of Gulf markets

Most major Gulf stock markets weakened on Wednesday, largely pulled down by losses in banks, but Abu Dhabi bucked the trend on the back of top lender First Abu Dhabi Bank (FAB).
Published 23 Jan, 2020 12:00am
US home sales surge to near two-year high; supply at record low
Global Business Economy

US home sales surge to near two-year high; supply at record low

US home sales jumped to their highest level in nearly two years in December, the latest indication that lower mortgage rates are helping the housing market to regain its footing after hitting a soft patch in 2018, though record low inventory could be an o
Published 23 Jan, 2020 12:00am
Malaysia cuts rates in surprise move
Money & Banking

Malaysia cuts rates in surprise move

Malaysia's central bank surprised markets by cutting its benchmark interest rate on Wednesday, calling it a pre-emptive move to ensure the country's improving growth trend continues.
Published 23 Jan, 2020 12:00am
Bangladesh tears down building seen as symbol of corruption
Global Business Economy

Bangladesh tears down building seen as symbol of corruption

Bangladesh authorities Wednesday began tearing down the headquarters of a powerful garment lobby long viewed as a symbol of corruption in a move hailed as a victory for the environmental movement.
Published 23 Jan, 2020 12:00am
UK 'confident' of British Steel's Chinese rescue
Commodities

UK 'confident' of British Steel's Chinese rescue

Britain's government on Wednesday said it expected a Chinese takeover of bankrupt British Steel to "complete in the coming weeks" despite a report that London was exploring alternatives. Chinese industrial giant Jingye Group in November agreed to buy Brit
Published 23 Jan, 2020 12:00am
Sainsbury's announces CEO exit
Global Business Economy

Sainsbury's announces CEO exit

British supermarket Sainsbury's on Wednesday announced the departure of chief executive Mike Coupe, who failed to merge the group with US-owned rival Asda last year.
Published 23 Jan, 2020 12:00am
Payout for Musk as Tesla value tops $100 billion
Global Business Economy

Payout for Musk as Tesla value tops $100 billion

Tesla's market value hit $100 billion for the first time Wednesday, triggering a payout plan that could be worth billions for Elon Musk, founder and chief of the electric carmaker.
Published 23 Jan, 2020 12:00am
Costly 'dieselgate' chokes Daimler results in 2019
Global Business Economy

Costly 'dieselgate' chokes Daimler results in 2019

German auto giant Daimler warned Wednesday that its 2019 earnings could fall short of expectations due to massive new charges over diesel emissions cheating, further clouding the outlook for the vital car sector as a whole.
Published 23 Jan, 2020 12:00am
Serena, Federer into third round as Osaka sets up Coco crunch
Other

Serena, Federer into third round as Osaka sets up Coco crunch

Fifteen-year-old prodigy Coco Gauff set up an Australian Open blockbuster with defending champion Naomi Osaka on Wednesday, as a pumped-up Serena Williams took another step towards a record-equalling 24th Grand Slam title.
Published 23 Jan, 2020 12:00am
Match officials for Pakistan-BD T20 series announced
Cricket

Match officials for Pakistan-BD T20 series announced

Ranjan Madugalle, one of the most respected and senior most member of the Elite Panel of ICC Match Referees, has been appointed by the game's governing body as match referee for the three T20Is between Pakistan and Bangladesh to be played here at the Gadd
Published 23 Jan, 2020 12:00am
Chairman Wapda Amateur Golf Tournament starts
Other

Chairman Wapda Amateur Golf Tournament starts

The second Chairman Wapda Amateur Golf Tournament is being held under the aegis of Pakistan Wapda Sports Board (WSB) here at Lahore Gymkhana Golf Club from January 23 to 26.
Published 23 Jan, 2020 12:00am
Mathews hits double hundred
Cricket

Mathews hits double hundred

Angelo Mathews struck his highest Test score with an unbeaten double century on Wednesday as Sri Lanka left Zimbabwe battling to save the series opener going into the final day at Harare.
Published 23 Jan, 2020 12:00am
ZTBL profit rates
Money & Banking

ZTBL profit rates

Zarai Taraqiati Bank Limited (ZTBL) has declared the following rates of return of different types of deposits for the period from July 01st, 2019 to December 31st, 2019 and indicative rates of return from January 01, 2020 to June 30, 2020:
Published 23 Jan, 2020 12:00am
Turkish bank probe casts wide net over trading
Money & Banking

Turkish bank probe casts wide net over trading

Turkish competition officials made surprise visits to several private, state and foreign banks late on Friday to analyse computers as they opened a wide-ranging probe of trading in the financial sector, according to three bankers.
Published 23 Jan, 2020 12:00am
Sterling gains further
Money & Banking

Sterling gains further

Britain's pound rose against the dollar and the euro on Wednesday as investors debated whether or not the Bank of England would cut interest rates when it meets next week.
Published 23 Jan, 2020 12:00am
South African rand rises
Money & Banking

South African rand rises

South Africa's rand firmed more than 1% on Wednesday, helped by a recovery in demand for riskier assets, while Dutch-based technology group Prosus led stocks lower.
Published 23 Jan, 2020 12:00am
Asian forex: Most units tepid
Money & Banking

Asian forex: Most units tepid

Most Asian units were trading subdued on Wednesday as concerns about a coronavirus outbreak in China kept risk appetite on the backfoot, although the South Korean won found support amid upbeat GDP data on the trade-reliant economy.
Published 23 Jan, 2020 12:00am
Early trade in New York: Safe-haven currencies slip
Money & Banking

Early trade in New York: Safe-haven currencies slip

The US dollar edged lower on Wednesday and the Japanese yen and the Swiss franc slipped amid muted demand for safe haven units as updates from China about the spread of a new flu-like coronavirus raised hopes the outbreak would be contained.
Published 23 Jan, 2020 12:00am
Swiss franc falls in European trade
Money & Banking

Swiss franc falls in European trade

The Swiss franc fell on Wednesday on signs the central bank may be intervening to stop it rising further, outweighing the impact of concerns about the spread of a new coronavirus that have driven investors into safe-haven assets this week.
Published 23 Jan, 2020 12:00am
Yuan, Aussie struggle in Asian trade
Money & Banking

Yuan, Aussie struggle in Asian trade

The yuan dipped and the Australian dollar hit a six-week low on Wednesday as investors feared the outbreak of a new coronavirus in China could create more headaches for the Chinese economy, which is already slowing because of the US-China trade war.
Published 23 Jan, 2020 12:00am