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Print - 2020-02-05
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 05 Feb, 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 05 Feb, 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 Tuesday (February 4, 2020).

Published 05 Feb, 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 Tuesday (February 4, 2020).

Published 05 Feb, 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 Tuesday (February 4, 2020).

Published 05 Feb, 2020 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (February 4, 2020).
Published 05 Feb, 2020 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (February 4, 2020).

Published 05 Feb, 2020 12:00am
BOARD MEETINGS
Stocks

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 05 Feb, 2020 12:00am
Member to Member
Stocks

Member to Member

The following transactions member to member subsequently reported on Tuesday (February 4, 2020).

Published 05 Feb, 2020 12:00am
THE RUPEE: Modest gains
Money & Banking

THE RUPEE: Modest gains

The rupee recovered modestly against the dollar in the inter-bank market on Tuesday in the process of trading activity, dealers said.
Published 05 Feb, 2020 12:00am
Shipping Intelligence
Schedules

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (February 4, 2020).

Published 05 Feb, 2020 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (February 4, 2020).

Published 05 Feb, 2020 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (February 4, 2020)

Published 05 Feb, 2020 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (February 4, 2020).

Published 05 Feb, 2020 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 05 Feb, 2020 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (February 4, 2020).

Published 05 Feb, 2020 12:00am
The Weather

The Weather

The weather report on Tuesday (February 4, 2020) and the forecast for Wednesday (February 5, 2020).

Published 05 Feb, 2020 12:00am
US MIDDAY: Gold falls
Commodities

US MIDDAY: Gold falls

Gold slid more than 1% on Tuesday as China's steps to mitigate the economic impact of the coronavirus epidemic drove some investors away from safe havens and back into riskier assets. Spot gold fell 1.61 % to $1,550.69 per ounce by 1:40 p.m. EST (1840 GMT
Published 05 Feb, 2020 12:00am
Gold slips, palladium jumps in Europe
Commodities

Gold slips, palladium jumps in Europe

Gold slid more than 1% on Tuesday as Chinese steps to mitigate the economic impact from the coronavirus epidemic drove some investors away from safe havens and back into riskier assets. Spot gold was down 1.4% at $1,553.79 per ounce by 1555 GMT, after hit
Published 05 Feb, 2020 12:00am
Oil slides as demand fears outweigh hopes for bigger OPEC+ cuts
Energy

Oil slides as demand fears outweigh hopes for bigger OPEC+ cuts

Oil prices edged lower on Tuesday as fears that energy demand would take a long-term hit from the coronavirus outbreak offset prospects for more cuts in crude production from OPEC and its allies. Brent crude slid 4 cents to $54.41 a barrel by 1:40 p.m. ES
Published 05 Feb, 2020 12:00am
Copper bounces
Commodities

Copper bounces

Copper bounced on Tuesday as traders and funds reversed bets on lower prices after China's central bank moved to offset the damage to economic growth and demand from the coronavirus in the top consumer. Traders said consumers not wanting to miss the oppor
Published 05 Feb, 2020 12:00am
Cotton futures surge
Cotton & Textile

Cotton futures surge

Cotton futures rose more than 1% on Tuesday aided by a recovery in equity markets as China ramped up stimulus measures to mitigate the economic impact of the coronavirus outbreak. March cotton settled up 0.51 cent, or 0.76%, at 67.35 cents per lb, after d
Published 05 Feb, 2020 12:00am
US natural gas falls to four-year low
Energy

US natural gas falls to four-year low

US natural gas futures fell to their lowest in almost four-years on Monday on forecasts for warmer weather through mid-February than previously expected. "There is not yet enough expectations for significant late-winter weather to get the market really ex
Published 05 Feb, 2020 12:00am
Subdued business activity seen on cotton market
Cotton & Textile

Subdued business activity seen on cotton market

Subdued business was again witnessed on the cotton market on Tuesday as a few number of buyers did purchasing of fine quality ahead of holiday on account of Kashmir Day on February 5, dealers said. The official spot rate was unchanged at Rs 9000, they add
Published 05 Feb, 2020 12:00am
Activities at Karachi and Port Qasim
Business & Economy

Activities at Karachi and Port Qasim

The Karachi Port handled 129,895 tonnes of cargo comprising 99,752 tonnes of import cargo and 30,143 tonnes of export cargo including 6,279 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday. The total import cargos of 99
Published 05 Feb, 2020 12:00am
CBOT wheat futures mostly higher
Commodities

CBOT wheat futures mostly higher

Chicago Board of Trade wheat futures closed mostly higher on Monday, with the March contract turning up on bargain buying and short-covering after dipping to a 3-1/2 week low, traders said. CBOT March soft red winter wheat settled up 1-3/4 cents at $5.55-
Published 05 Feb, 2020 12:00am
French January wheat shipments at six-year high
Commodities

French January wheat shipments at six-year high

Soft wheat exports from French ports stayed at a six-year high in January despite intermittent docker and tug boat strikes that saw shipments delayed for up to three weeks in some cases, Refinitiv data showed on Monday. About 1.33 million tonnes of soft w
Published 05 Feb, 2020 12:00am
PMEX daily trading report

PMEX daily trading report

On Monday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,130. The traded value of Metals, Energy and COTS/FX was recorded at PKR 5.804 billion and the number of lots traded was 9,906.
Published 05 Feb, 2020 12:00am
CBOT corn futures lower
Commodities

CBOT corn futures lower

Chicago Board of Trade corn futures ended lower on Monday on disappointing weekly export data and worries about an economic hit to China as the coronavirus continued to spread, traders said. CBOT March corn settled down 2-1/2 cents at $3.78-3/4 per bushel
Published 05 Feb, 2020 12:00am
Canadian canola futures rise
Commodities

Canadian canola futures rise

ICE Canadian canola futures rose on Monday after tumbling to a nearly three-month low on Friday amid ongoing fears about the potential impact an outbreak of coronavirus in China could have on the global economy. Oilseed markets appear to have stabilized a
Published 05 Feb, 2020 12:00am
Senate salutes Kashmiris for their courage, determination

Senate salutes Kashmiris for their courage, determination

On the eve of Kashmir Solidarity Day being observed today (Wednesday), the upper house of the Parliament on Tuesday passed a unanimous resolution to "salute the heroism and valour of the people of Indian Occupied Kashmir on this day of solidarity with the
Published 05 Feb, 2020 12:00am
NA urges UNSC to enforce peaceful settlement of J&K dispute

NA urges UNSC to enforce peaceful settlement of J&K dispute

The National Assembly on Tuesday expressed solidarity with Kashmiri people on the eve of Kashmir Solidarity Day to be observed today (Wednesday) and vowed unflinching and unwavering support to them in their just struggle for their right to self-determinat
Published 05 Feb, 2020 12:00am
Shamshad urges UNSG to appoint eminent person as envoy on Kashmir

Shamshad urges UNSG to appoint eminent person as envoy on Kashmir

Former Foreign Secretary Shamshad Ahmed Khan has proposed to approach the UN Secretary General for appointment of an eminent person of international standing like Bishop Desmond Tutu or President Jimmy Carter or President Mary Robinson as his special envo
Published 05 Feb, 2020 12:00am
APBF expresses solidarity with people of IOK

APBF expresses solidarity with people of IOK

The All Pakistan Business Forum reiterating unflinching support to the people of occupied Kashmir, called upon the all political parties and the government to express full solidarity on February 5 with Kashmiris, who have been locked down by 184 days.
Published 05 Feb, 2020 12:00am
Annual maintenance work
Energy

Annual maintenance work

The spokesman for National Transmission and Despatch Company Ltd (NTDC) has said the annual maintenance work on 132 kV Bus Bar at 500 kV Rawat Grid Station will be carried out on Thursday, 6th February 2020. Subsequently partial load management will be ob
Published 05 Feb, 2020 12:00am
Adnan Jalil nominated as Dy Convener FPCCI panel
Business & Economy

Adnan Jalil nominated as Dy Convener FPCCI panel

Mohammad Adnan Jalil, chairman Businessmen Panel (BMP), Khyber Pakhtunkhwa has been nominated as Deputy Convener of the Federation of Pakistan Chamber of Commerce and Industry (FPCCI)'s Budget Advisory Council for the year 2020, said a notification issued
Published 05 Feb, 2020 12:00am
Sumo to put on big show for Tokyo Olympics
Other

Sumo to put on big show for Tokyo Olympics

Some of sumo's biggest stars will put on a special exhibition between the Tokyo Olympics and Paralympics, seeking to introduce their rarefied traditions to sports fans from around the globe. The two-day event on August 12-13 will come just days after the
Published 05 Feb, 2020 12:00am
Pakistan takes 9 medals in Al-Fajeera Open Taekwondo Championship
Other

Pakistan takes 9 medals in Al-Fajeera Open Taekwondo Championship

Pakistani has won one gold medal, 5 silver and three bronze medals in the Al-Fajeera Open International Taekwondo Championship. National players after participating in the three-day Championship held in United Arab Emirates (UAE) reached Pakistan, on Tues
Published 05 Feb, 2020 12:00am
India beat Pakistan to reach Under-19 World Cup final
Cricket

India beat Pakistan to reach Under-19 World Cup final

Defending champions India cruised to a 10-wicket win over neighbours and arch-rivals Pakistan in Potchefstroom on Tuesday to reach the Under-19 Cricket World Cup final for the seventh time. India, the record four-time winners of the underage competition,
Published 05 Feb, 2020 12:00am
PCB posts significant rise of Rs 6 billion in revenue
Cricket

PCB posts significant rise of Rs 6 billion in revenue

The 57th Board of Governors (BoGs) meeting of the Pakistan Cricket Board (PCB), which met Tuesday approved the PCB financial statements for the period 2018-2019, which highlighted a significant rise in revenue of about Rs 6 billion.
Published 05 Feb, 2020 12:00am
Yom-e-Yakjehte Kashmir Junior Squash begins
Other

Yom-e-Yakjehte Kashmir Junior Squash begins

Yom-e-Yakjehte Kashmir Khyber Pakhtunkhwa Junior Age Group Squash Championship in U-11 and U-13 categories got under way at PAF Hashim Khan Squash Complex here Tuesday.
Published 05 Feb, 2020 12:00am
Australia keeps rates on hold
Money & Banking

Australia keeps rates on hold

Australia's central bank on Tuesday kept interest rates on hold at a record low, despite expected economic pain from the country's devastating bushfire crisis and the deadly outbreak of coronavirus in China.
Published 05 Feb, 2020 12:00am
Defence aircraft demand lifts US factory orders; underlying softness remains
Global Business Economy

Defence aircraft demand lifts US factory orders; underlying softness remains

New orders for US-made goods increased by the most in nearly 1-1/2 years in December, flattered by robust demand for defence aircraft, but persistently weak business spending on equipment pointed to limited scope for a sharp rebound in manufacturing.
Published 05 Feb, 2020 12:00am
UK regional productivity gaps as wide as 1901, no easy fix
Global Business Economy

UK regional productivity gaps as wide as 1901, no easy fix

Gaps in economic productivity between London and other regions of the United Kingdom are as wide as they were in 1901 and there is no quick fix to overcome them, a report for the British government said on Tuesday. Prime Minister Boris Johnson has promise
Published 05 Feb, 2020 12:00am
Sanofi says charged in birth defects case
Global Business Economy

Sanofi says charged in birth defects case

Pharmaceutical firm Sanofi has been charged in France with failure to adequately warn patients and causing injury over an anti-epilepsy drug linked to birth defects following a three-year probe.
Published 05 Feb, 2020 12:00am
BP annual profit slides to $4.0 billion on lower oil prices
Global Business Economy

BP annual profit slides to $4.0 billion on lower oil prices

British energy giant BP on Tuesday said annual net profit slumped 57 percent to $4.0 billion last year, hit by weaker oil prices, as long-time chief executive Bob Dudley bowed out.
Published 05 Feb, 2020 12:00am
Bhutan makes Indians pay 'sustainable development fee'
Global Business Economy

Bhutan makes Indians pay 'sustainable development fee'

Bhutan is introducing a "sustainable development fee" for regional tourists following a spike in Indian visitors that has sparked worries for the unique Himalayan kingdom's cherished ecology. The majority of tourists already cough up $250 per day in high
Published 05 Feb, 2020 12:00am
AirAsia's Tony Fernandes steps aside amid Airbus bribery probe
Global Business Economy

AirAsia's Tony Fernandes steps aside amid Airbus bribery probe

AirAsia's colourful chief executive Tony Fernandes has stepped aside from the company while authorities probe unusual payments at the Malaysian carrier, as the fallout from a $4 billion bribery fine at Airbus reverberates across the industry.
Published 05 Feb, 2020 12:00am
Sony net profit down in months
Global Business Economy

Sony net profit down in months

Sony said Tuesday net profit fell more than 30 percent in the nine months to December, but upgraded its annual net profit forecast on solid growth in its image sensor and financial services sectors. The PlayStation manufacturer said net profit dropped 31.
Published 05 Feb, 2020 12:00am
China shares soar as central bank calms virus fears
Stocks

China shares soar as central bank calms virus fears

Chinese stocks ended higher on Tuesday as the central bank vowed to stabilise the market, regaining some ground from the coronavirus-led rout that erased almost $400 billion in market value from the Shanghai benchmark in the previous session.
Published 05 Feb, 2020 12:00am
UK stocks leap after China acts to shore up economy
Stocks

UK stocks leap after China acts to shore up economy

UK shares leaped on Tuesday as China's central bank took steps to shore up the economy, easing fears about the global impact of the coronavirus epidemic, while positive corporate reports from blue-chips added momentum.
Published 05 Feb, 2020 12:00am
SE Asian stocks gain on recovery in China stocks
Stocks

SE Asian stocks gain on recovery in China stocks

Southeast Asian stock markets ended higher on Tuesday as China's central bank made a concerted effort to prop up the economy to calm virus fears, while upbeat economic data further lifted Singapore and Malaysian shares.
Published 05 Feb, 2020 12:00am
BP and Glencore drive best day in four months for European shares
Stocks

BP and Glencore drive best day in four months for European shares

European shares clocked their biggest one-day gain in nearly four months on Tuesday as upbeat earnings updates from BP and Glencore along with China's moves to support its markets lifted sentiment. China's central bank injected 1.7 trillion yuan ($243 bil
Published 05 Feb, 2020 12:00am
Australian shares up, NZ down
Stocks

Australian shares up, NZ down

Australian shares on Tuesday recouped some of the sharp losses suffered in the previous session, driven by financial and healthcare stocks, although worries over the fast-spreading coronavirus outbreak capped gains. The S&P/ASX 200 index rose 0.4% to 6,94
Published 05 Feb, 2020 12:00am
Treasury yields retreat from gains
Money & Banking

Treasury yields retreat from gains

US Treasury yields pared gains on Monday as traders took stock of the international response to the coronavirus epidemic. The benchmark 10-year yield was up less than 1 basis point at 1.5238% in afternoon trading, down from 1.575% earlier.
Published 05 Feb, 2020 12:00am
Indian shares record best day in 4 months
Stocks

Indian shares record best day in 4 months

Indian shares ended higher on Tuesday, recording their best day since last September, led by gains in metal stocks and tracking a China-led recovery in broader Asian markets. Markets had taken comfort after China said it would welcome assistance from the
Published 05 Feb, 2020 12:00am
Wall Street rebounds from virus fears
Stocks

Wall Street rebounds from virus fears

US stocks rallied on Monday, boosted by heavyweight technology shares and on surprise strength in US manufacturing activity, following a sharp selloff last week on concerns about the economic impact from the fast-spreadding coronavirus out of China US fac
Published 05 Feb, 2020 12:00am
Tuesday's early afternoon trade: Nasdaq hits record high
Stocks

Tuesday's early afternoon trade: Nasdaq hits record high

The Nasdaq hit a record high on Tuesday and the S&P 500 headed for its best day in six months as fears of a heavy economic impact from the coronavirus epidemic tapered off after China's central bank intervened for the second straight day.
Published 05 Feb, 2020 12:00am
Nikkei surges
Stocks

Nikkei surges

Japanese stocks edged up on Tuesday, erasing early losses as Chinese shares steadied somewhat after crumbling the previous day, but sentiment remained fragile as investors fretted over the growing economic and human costs of a virus outbreak.
Published 05 Feb, 2020 12:00am
Most of Gulf gains; Dubai bucks the trend
Stocks

Most of Gulf gains; Dubai bucks the trend

Most Gulf stock markets rose on Tuesday, supported by banking shares, following a rebound in oil prices on hopes for new output curbs from OPEC and its allies.The Organization of the Petroleum Exporting Countries and its allies are considering cutting cru
Published 05 Feb, 2020 12:00am
Australian dollar stages half-hearted bounce
Money & Banking

Australian dollar stages half-hearted bounce

The Australian dollar rallied on Tuesday after the country's central bank held interest rates steady and stayed upbeat on the economic outlook despite the impact of bushfires at home and the coronavirus in China.
Published 05 Feb, 2020 12:00am
Sterling lifted off six-week low
Money & Banking

Sterling lifted off six-week low

Sterling rebounded off six-week lows against the dollar on Tuesday after better-than-expected construction activity data offset fears of a hard Brexit fuelled by the government's tough stance in European Union trade talks.
Published 05 Feb, 2020 12:00am
Most currencies recover as yuan steadies
Money & Banking

Most currencies recover as yuan steadies

Most Asian currencies recovered slightly and the yuan held steady on Tuesday, as China's efforts to allay fears around the coronavirus outbreak lent some support to jittery markets. China's move to infuse liquidity into markets, trim some key lending rate
Published 05 Feb, 2020 12:00am
South Africa's rand up against dollar
Money & Banking

South Africa's rand up against dollar

South Africa's rand firmed against the dollar on Tuesday as risk appetite picked up after China announced measures to minimise the economic impact from the coronavirus epidemic, but the unit remained vulnerable to concerns over a weak local economy. At 15
Published 05 Feb, 2020 12:00am
Yen, Swiss franc slide in New York
Money & Banking

Yen, Swiss franc slide in New York

The safe-haven yen and Swiss franc declined on Monday, as risk sentiment improved and fears about the coronavirus eased after China took measures to cushion the economic impact of the new epidemic and pledged to do more to contain it.
Published 05 Feb, 2020 12:00am
Aussie, offshore yuan rise in Europe
Money & Banking

Aussie, offshore yuan rise in Europe

The Australian dollar and offshore Chinese yuan climbed on Tuesday as risk appetite picked up, although the spread of a novel coronavirus in China remained a threat. The Australian dollar rose as much as 0.5% to $0.6725, pulling away from a 10 1/2-year lo
Published 05 Feb, 2020 12:00am
Dollar up in Asia
Money & Banking

Dollar up in Asia

The dollar held firm on Tuesday after a key US manufacturing survey showed a surprise recovery, while the Australian dollar rose after the central bank left rates steady and retained the outlook despite bushfires at home and a virus epidemic in China.
Published 05 Feb, 2020 12:00am
China virus claims 2nd life off mainland, hits supply chains

China virus claims 2nd life off mainland, hits supply chains

The coronavirus outbreak claimed its first life in Hong Kong on Tuesday, compounding the international financial centre's problems after anti-government protests, and Macau, the world's biggest gambling playground, urged casinos to shut their doors. The v
Published 05 Feb, 2020 12:00am
US submarine armed with 'low-yield' nuclear weapon: Pentagon

US submarine armed with 'low-yield' nuclear weapon: Pentagon

The US Defence Department announced Tuesday that it has deployed a submarine carrying a new long-range missile with a relatively small nuclear warhead, saying it is in response to Russian tests of similar weapons.
Published 05 Feb, 2020 12:00am
Libya rivals agree to turn truce into lasting ceasefire: UN

Libya rivals agree to turn truce into lasting ceasefire: UN

Representatives of the warring parties in Libya meeting in Geneva have agreed on the principle of turning their shaky truce into a lasting ceasefire, the UN's Libya envoy said on Tuesday. "The principle has been adopted from the first session. Now the que
Published 05 Feb, 2020 12:00am
Tamil-language anthem dropped from Sri Lanka independence party

Tamil-language anthem dropped from Sri Lanka independence party

A Tamil-language version of Sri Lanka's national anthem was dropped from independence day celebrations Tuesday, with critics saying the move was a setback to reconciliation after years of ethnic civil war. A Tamil-language version was included in the 2016
Published 05 Feb, 2020 12:00am
French-US critic George Steiner dies

French-US critic George Steiner dies

George Steiner, the celebrated French-US literary critic and essayist, has died at the age of 90, Britain's Cambridge University said on Tuesday. The university's Churchill College said it was "saddened" to his passing, which was first confirmed to the Ne
Published 05 Feb, 2020 12:00am